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HomeMy WebLinkAbout2022 9. To pl~c~ and conti~uousty kt~p on iM bu~tdirgi now a F+ereaftK ~iruat~ on said land and un all equip~iem ~nd p~rta+ally covered bY this mal¢ p~, wi?h all pemiums ?herea? paid in fuil, tir~ in~ur~nt~ i~ tM us~al s~+ndard polity form, in • tum a~p~oved by the MORiGAGEE, and wind~tam ins~r~aa in tM ~~ual ~1and~rd pol~ty fwm, in a ~um approv~d by ~F+e MORiGAGEE, in s~ch comp~~y o+ canpa~~e~ as the MORIvAGEE may dincl; and ~I) flrs ~nd w7nd~torm in~urance policiss on any of said b~ild~rgs. ~ny in~er~~t iherei~ or parl thereol, in tFw a~greyate suin ~fa~~aid a In ~xceu 1Mrwf, sMll contain the usual sunda~d matype~ cl+us~ a such o~he~ claus~ ~s ~M Mat9a~e may requ~r~, makinp the los~ unda sa~d polf ciq, ~ach and eve?y, payable to isid AI1aRiGAGEE as its in~ereil may ~ppear, u+d e+ch anci evNy ~~ch policy ~hall bp prompliy ~ss yned a~~d delivared ~o any h~ld by fa~d MORTGAGEE +s (u~thsr security to said mort9a9~ debt, and, no~ leu tMn ten (10) days in advance of the expira~ion ol each policy, to da IivN ro said IkORTGAGEE e renewal th~~eof, toperhsr wi:h • receipt for the prrmium of suth renewal; and rhere iha11 be no fire or winds~o~m insur~~cs pl~ced on ~ny of t~id buildi~pi, ~ny intereit ther~in a p+rt thereof, unless i~ the (am and w;th the loss paYable ai afwes~id; and in the evenl any iun+ of moMy becomes payable u~de~ such poliq a policiss aid MORiGAGEE ~hall Fww ths opt;on lo receive end apply ~hs same on accoum of the indebted~ nssl icC~~KI hNeby Ot ro pcrmit said MORTGAGORS lo rK~ivs and uN i1 p any parl thereof for othcr purFUSes, w~ihuut Ih,.cur waivin~ or ~mpair inp ~ny equity, I~M a r~gh~ unds~ w by virtw o( this mo+syay~r and in tM ~vent iaid MORTGAGORS shall fa any raawn fail to keep the s~~d p~emiu~ w _ ins~red, p isil fo deliver promptly any of taid po~icies of in~uranc~ fo said MORTGAGEE. w faJ promp~ly to pay fully any p~e=n~vm thcrefor a in ~ny respect lail ro pNfam, diicharge, ~xecute, ~(i~ct, complet~, comply wi~h and ab~de by this cove~ant, a+~y part hareof, sa~d MORIGAGEE may p1~ce a~d paY fa tuth insuru+c~ or a~y pa?t 1Mreof wiehout w~ivin~ or af(~din~ any optiwy lien. equity, o~ ~ight unde~ w by vi~tue ol thts Mwt~ays. ~nd Ihe full ~mo~nt of ~ach and ~vsry iuch payment ihall b~ immediately dw +nd p+y+bl~ and sMil bea~ inte~esl (rom tM date thereof un~il psid a~ 1M ratt ol nine per esnt~m pN ~nnum and to~ether with suth inrerest shalf be secured by tM IiM ol this mortQ+ge. 1. To pe~mit. commit or wtler oo wssts. fmpairment or deterioration of said properry or ~ny part ~hereof. 5. To pay all u?d slnpul~r the costi, thar~~s +~+d expe~ses, includiny ~ re+sonabla attwney's fee and costs of abstracts of titl~, incvrred w paid a~ eny time by s+id NWRTGAGfE, because w in ~hs ~vent of 1M (ailure on ~he pa~t of tM said lI110RiGAGOR ?o duly, p~omptly ~nd ivlly pe~form, d~uharg~. eaacut~, effett, complet~, comply w~th ~nd ab:de by tach and every ~he stipulanons, agreerr~ents, conditions. +nd covc~unts o~ said p~«r~ssory note and ~hii mortyp~ any a e~~her, ~nd sa~d cosq, char9ei and expenses, each and evcry, sMll be immed~ate~y due and payeble; whe~her w not ~here be no~~ce da mand, attempt lo colkcl w suit pmxling; ~nd the full artwunt of e~ch and every such payment shall bea. interest from the date thereof until paid at the rate of nine per centum per a~num; and all said costs, charges and expcnses incurred a paid, together w~th such iMae?1, ihalt be secured by tl~e lien of thu mo?tyaQ~. 6. That (a) in the eve~t of any tuexh of thi~ lNortya9o or default on 1he psrt of the MORTGAGOR, a(b) ~n the event any of sa;d sums of money herein referred to be not promptly and fully paid withi~ tbhly (30) deys ~x1 aNcr Ihe same severaYy become d~e end payable, withovt dema~d w notets. or (cj in the evcnt each and every the stiputafions, igreements, cond~tions and covenants of sa~d prom~ssory nofe and th~s mortgage any or eiti~er are not 3uty, promptty u+d lully performed. d~uharged, execu~ed. eifected. completed, compl~ed with and sb~ded 9y, then in e~~her w any such erent ~he sa:d ag gregat~ wm mentioned in said p~omiaswy note then remaining u~pa~d, with interes~ accrued, ~nd aIl moneys secured hereby, shall becoma dve and p~y~ able fwthwith, o~ thereafte+, at ~he option of said MORiGAGEE, as fully and comple~ely as if a~l of the said sums of money wera a~gina~ly Niputated to be paid on such day, anything in sa~d promissory note or i~ this Mortgage to the contrary no~withstand~ng; a~d ~hereupw? or therea(ter at the option of sa~d MORTGAGEE, without nor~ce o? demand, suit ~t law or in puity, ~Fkrefwe or thereaiter begun, may be prosecuted +s if all moneys secured hereby had maWred prar to its institutwn. 7. That in tF+e eveM that at the beginnir+g of or +t any time pending any wit upon this Mortgage, or ro faetlose it, w to refwm i1, o? ro enforts paymcnt of any cl~ims hereunder, ssid MORTGAGEE shall apply to the Court hav~ng ~urisd~a~on thereo( for ~he appolntment of • Receive~, such Court ihal! Fwthwith appoinl a receiver of said mortgaged property all and sing~ler, includ~ng all and singular 1he income, p~of~ts, issues and revenues from whafever wurce derived, each and every of wh~ch, it beinp expressly urxk.stood. is htreby mortgaged aa if spec~fically Eet forth and desc.ibcd in the graneing a~d habeadum clausea hereo!, and such Receiver shall have ~II the broad and eifective funce;ons and powera in anywise entrusted by a Court to a Receiver, and •uch appointment shall be msde by s~ch Court as art admitted equify and a ma~ter of absotute r~ght to said MORiGAGEE, and w~~hovt reference to the adeqv~cy or in+dequacy of the value o( ~he prope~ty mor~gaged or to the wlvency o? insolvency of iaid MORTGAGOR p the delendann, and that s~ch renn, profits, i~come, iuues and reven~,es sh+ll be applied by such Receiver accordmg to ~he lien or equity of uid MORTGAGEE and the practice of such Court. 8. To duly, promptly snd (ully perfwm, dscMrye, execute, eifect, complete, comply wi~h and abide by each and wery the stip~tations, sg~eements, conditio~u and covenaros ~n sa~d promissory note and this mortgage ut fwth. 9. Thaf in the event the ownership of the mortgsycd premises, w any part thereof, becanes vested in a perwn othe~ than the MORTGAGOR, tM MORTGAGEE, i» successors a~+d ass~gns, m~y, without notice to the MORTGAOR, deal with such successw o~ succesaa in interest w~th reference to this mortg~ge and the debt hereby secured in the same manner as with Nbrtgago? without in a~y way vit~aling p d~xha~ging the Mortgagoti liability hert under w upon the debt hereby secured. No sak of the premixs hereb~r mwlgaged and no fabearante on the part of ~he MORTGAGEE w its successon or assigru and no exrens~on of ~he time iw thc paymcnt of the debt he.eby secured 9iven by the MORTGAGEf or its successws or auigns, shal~ operate ro rel~ase, d~xharye, modify cMngs or affect the orig~na) lisb~l~ty of ~he NiORTGAGOR hcrein, either in whole w in pa~t. 10. It is spec~fically agreed that time is of the easence of this cont~act and that no waiver of any obl;gateon hereunder a of the oblg~tion sr cured hereby shall at any time thereafte~ be held to be a wsiver o( the terms hereot or of the instrument secured herby. 11. In addn~on to the fwego:ng moNhiy payments of princ~pal and interest required by the prom~ssory no~e secured hereby, mortgagor covenants and agrees ro pay ro mortgagee vrith each monthly payrnent an add~rional sum e:i~mated by mwtgagee to be equa~ to 1~ 12 of the annwl cost of the follow- A-All real prsiperty taxes levied or asussed against the above described resl estate. B-Prem~u~ns on f~re and windstorm insura~ce as herein requ~red to be car~ied on the improveme~ts situate oa 1he above described premises. C-Premiums on such mortgage guaranty insurance as mortg~gee shall irom t;me to time dcem fit to carry on the ban secured hereby. ~ lNortgagee shai~ from time to time notify mortgagor in writing of the amoum d~e and payable hereunder and such wrn sball thereupon be due and Fayable on the due date of the next month:y payment and each auccessive month thereafter ur,til mortgagee sl~all not~fy mortgagor of a charge in such ' a~nount. Such s~ms sFa:! be applied by mortgagee toward Ihe payment of rea! property taxes, insurance prem,v~ns, and mortgage guaranty insurance premiums. ' IN WIiNESS WHFREOf, the said MORT GOR hu Fxreunto set his hand and seal the day and year firat aforessid. ! ~ ~ Sig a! a ' r esence of: / ~ ~~LO`-~ (Se+q ~ itness Bill Peros ~ ~ ~-'~ru~.C csHn ~ ~ s Niki Peros r~ ~ ' K--n sm~eoh~ CANADA ~ PROVINCB OF ~NTARIO ~ts~c before me pe~wnaUy appeand Blll Peros ,~,d N1jC1 Peros his wife, to me well known and known to me to bs the ind~vidwts desu~bed in ~nd who executed the faeyoinp instrument, and adcnawledged befwe me tF?at they executed the same fw the pwpoaes ~ ~h~.~ •:p.e...d. Md d,. s~id Niki Peros +v~fe of the uid Bi~. Pel'O8 uPon.+ aeP~?~y~ud privab ~ exam~natwn by me tske~ sepsrate and apart from her said husband, ackrawledged ro•nd before me that she executed said irot~um~nt ftw~r an~ ~rokin- earily and w~thout any compuisan, constraint, apprehe ~~~Qr fex of or from he~ said Fwsband. o.o~~~~v ti~.~ ~ WITNE55 my Mnd and official aeal thi day of . o ~~Q.~~ . ~ 3 ~ ~P ~ Not Publit i~? w , . RECOilOEO M~ m~ssiwi t~cp'va: k$~ S ~r., str ~ a~t~.~ To: FIlEO AN~ fLA. if e coqA~' "'f e s~. ~tiC1E COUNtY ~ ~.G~-. -i- ~ ~ F~nt Fedenl Savinga a twn Assouat~on pOCE~ P01TM5 J'~~ Q~ ° • , - K O f fo~~ P:e~ce. CI E R K CI~ G U I T C O U R T s~ ~ P 0:~'~'.~; Fo?+ P~erce, Flor~da vER~~~EO ;`,r. ~ ~ ` ~~~~`'r Q ~ ~ECeaa s ~ . v • ~;•-.y ~,~a ~~~1~~' ~ ~ v 10 30 Ah'~ ~ , 4'~~ 3;Q'N,T I~.F:~ „ ~ ~1 . .le,i~Snrs? ~ This Instrumenf Prepared By t~fm. E. Braun ~ cp First Federal Savings b Loan Association 209V~4 ~ of Fort Pierce, Florida ~ ~ Checked By ~ ~ goo~ 132 ~018 ~ ~ ~ y: _ ` - ~~~c~ ~ ~ -.s~-~,-.,.~~ ~'r; ~ ~ 'FA"x w _ ~ ~'~~~~"~au~'r~'~`~-~'~'~"s~M,~';,.~ , _