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Home My WebLink About0473 . . , . ~ i 3. To pl~ce and continuowly keep on tM bui!di~ps now or Mreafter tituat~ on sa~d lend snd on sil equipmero and per~o~ally covered by thi~ mort9- ~ ~g~, with all premeumf thereon ps~d i~ full, fi~e insu~ant~ in the u~ual st~~xlerd polity form, in • sum •pproved by the MORiGAGEE, and wind~to~m ~nsur~nce in ths usual i~anderd pol~cy 1orm, in • sum app~oved by tM MORTGAGEE, in iuch company or compan~es as the MORTGAGEE msy direcl; •rtd all (ire and w~ndsform insure~te po~~cies on any of said build~~gs, my interosl Iherei~ or part therro(, in the aggrcyafe sum aforesaid o? In extef~ thereof, shall contain the usual stsnderd mortgage~ clause o? such other claute as Ihs Mor~yagee mey rcqu~rs, making ~he loss under se~d polr ue~, each and every, payab~e ~o seid MORTGAGFE ~s its iroareit may appea?, ~nd esth and every svch po6cy •hall I~e promptiy ais gned and deGve~ed w •ny Mrld by s~~d AtORfGAGEE a~ (urther security ~o said mor~yage deb~, and, no~ fess than ren (10) days in aJvance of the expirat~on oi each pot~cy, ro da I:ver ~o said MORiGAGEE s renewal thereof, toqe~ha with a receipt for Ihe premium of such ~enewal; and ~here shall be no f~re or winditorm iniuwnce plxed on any of sa~d buil~~ngs, any ~ntere~t therein a part rhereof, unlesi in the lorm and wi~h ~he loss paya6k as aloresaid; and i~ the event any sum of money becomes payable under iuch policy o~ pol~ciei said MORTGAGEE shall have ihe oFt~on to receive und apply the same on account o( the indebted- ness sttiured heteby or t0 permit said MORTGA~RS to rKeive and u3e i1 of any parl t?~ercof 1or othrr pur~.wsri, v~ithput Ih.rau/ waiwng o~ unpeir- ing any equ~ty, lien w right ~rule~ o~ by virtus ol this mortgage; end in Ihe evrn/ ~s~d MORTGAGORS shall fw any reason iail lo keep 1ha t+id p~emitet w insu~ed. or fail to delivei promptly any of said policies of inaurance fo iaid MORTGAGEE, or fail pramptly to pay fully any premiv~~ the~elw o~ in any respect fail ro perfwm, d~s:herge, exec~te, effecl, complete, tomply with snd ab+de by thi~ covenenl, w any pa~~ he~eo(, zaid MORTGAGEE may plate and pay fa •uth in~urance o~ any part thereol without waivinp w•ffec?inp any option, lien, equity, or right under a by virtus of this Malga~e, ~nd tht fuli amount of each and ev~ry such payment shall bs immediately due snd psyable ~nd shall bear interrst from ths date ~hereof until peid ~t ths rat~ ol ~~rx pst centum ptr annum and to~ether ~with auth interest ~hall be satured by ths lien of this mwt9aga. 1. To permit, commit or su((er no waste, impairmenl or deterioratiw? of s~id p~operty w any part thereof. 5. To pay all and sinyular ths costs, cha~~d a~d axpenus, including ~ reasonable attorney i fee and coata of abs~racts of title, incurred or paid a~ eny time by sa~d MORTGAGEE, btcause a in the event of the fa~lure on ~he parr of the said h10RYGAGOR to duly, promptly and fully pe~lwm, d~scharys. z.ecute, effec~. compiete, comply w~th and ~b;dr by each and every the st~pufet~ons, agrBemeMf, corxlihons, and covenams o( sa~d p~om~sso~y note and this n,ortgaye any or either, and sa~d costs, charges and e+~Fe~ses, each and every, ~ha~l be immed~ately due and payable; whe~her w not there bs no~ice da mand, attempt lo collect or suit pend~ng; and the full amovnt of each and eve~y such payment shall bea. interes~ from the datp thereof until paid at the rate o~ n~ne yer cenwm pcr annu:n; and all said costs, cha:ges and eapenses incurred a paid, ~ogether wdh such interest, shall be setured by the I~en o( this mwt~a~. 6. That (a) in thr eveM of ~ny breath of thit Matgege or default on the part of thc MORTGAGOR, or (b) in the event any of sa:d tums of money he~ein ~eferred to be not pranp~ly and I~IIy paid within th~rty (303 days next afrrr the same scveratly Ixcome due and payable, withou~ demend w notice, or (c) in the event each end every ~he sripvtatio~s, agreemeMS. condihons and cove~ants of sa~d p~om~ssory note and th~s mort9~ge sny w either •re nol ~uly, prpmpfly and iully perfamed, d•schsrged, eaec~ted, effected, completed, compi~ed w~rh and ab~ded Sy, then in e~ther or any •uch event tha f~~d ay~ y gryate sum me~rioned in sa~d promisswy note thrn remaining unpa~d, w+fh iRtereat accrued, and ail moncvs secured hereby, shall become due and pay- eble fo~thwith, o~ thereafter, at the opt~on of said MORiGAGEE, as fully and compiere~y as il all of the sa~d wm~ of money were w~ginally st~pu:a~ed to be pa:d on such day, anything in sa.d prorn~sswy note or in this Mortgage to ~he comrary notwiihstand~~ig; a~~d thereupon o~ thcreafter at the opuo~ of sa:d INORTGAGEE, without not~ce o~ dema~d, suit at law or in equity, eherefore or ~hereai~er begun, may be prosecuted as if all money secured he~eby n.d msturcd pr~or tc+ ~ts institut~on. 7, Thst in the event that a? the beginn~ng of o. at any time pendinq any su~t upon this Mortgage. or to foreclas~ if, w to reiorm if, or to enforce pa~~ment ol any daims hereunder, said MORTGAGEE shaii apply to the Court hav~ng iunsd.ct~on thereof for the appomtmer~~ of • Recciver, such Court shaU forrhwith appo7M a receivcr of said mo~tgaged prooerty all and s~ngulsr, i~d~dmg ali and s~~~guiar the income, prol~ts, iswes and revenues from whatever seu~ce de~ivcd, each and every of wh~ch, ~t being exp~essly ~nderstood, is hereby mortgaged as if spec~(~caliy xt fo~th and described in ?he 9ranr~ny and haoe~dvm ciauses hereof, and wch Receiver shall have all tfie broad a~d efiecr~ve funu,ons and powers in anyw~se entrusted by a Court to a Rec~iver, and s~ch appointme~d fhall be made by such Co~rt as an admitted equ~ry and e matter of abwluie right to said MORTGAGEE, •nd without re~eience to the adequacy or inadeq~acy of the vslve oi the property mortgaged or to the so~vency or ~~:so~vency o( said MORiGAGOR or ~he defendanta, and ?hat such rems. profits, income, issves and revenves shatl be applied by such Rece~ver accord~ng to the lien or equrty o( s~id MORTGAGEE and the prxtic~ of such COUrf. 8. To duly, promptly and fully perform, d~scharge, execute, eff~ct, complete, con,pSy w~th and abide by each ar?d every the stipulations, agrcemenri, conditions and covenanrs ~n sa~d prom~ssory note and 1h;s mo~tgage set forth. ' 9. Thst in the event the ownersh;p of the mortgaged prem~ses, or any part thcreof, becomes vested in • perwn other than the MORTGAGOR, the Y•ORTGAGE"c, iq successors and ass~gns, may, w~rhout notice to rhe A10RTGAOR, deai w~th such successor o~ successor in mterest with reference to thls ~-o•rgage and the debt hereby sacured in the same manner as with N.ortgago. w+thout in a~y way vihating or d~scha~g~ng the IAortgagori liability herc ~ede~ w ~pon the debt hereby sec~red. No saie of t~e prem~ses hrreby mo~tgaged and no forbearancE on the pa~~ of the MORIGAGEE or its successon o~ ass~g~s and no earersion of the hrne iw the payme~t of the debi her~by secured g~ven by the MORTGAGE~ or its successws or aas~gns, shatl operate ro reiease, dscharge, mod~fy change or affect the onginal Iiab~Gty of ihe h'.ORTGAGOR here~n, eithe~ in wiwle or in part. 10. H is spedficalfy agreed that time is of the esxnce of this conrract and that no waiver of any obi~gat;on hereunder w of ihe obliyation se- cured hereb~ sha;~ at any time ~hereafrer be held to be a wa~ver of the terms hereof w of the instrument secured herby. 11. In add r.o~ ro the tcreye n9 munth!y payments of princ pai arxl inrrres~ requ~red by the prom ssory no!e sctured hereby, mo~tgagor cove~ants a~,d ag~ees fo pay to r:o-ty~gee ~n~th tach month!y pay~.,ent an add~+~onal sum est~~~ated by mortgagee ta be eqvai to 1, 12 of the ar,~,~a1 cosr of tM-lnllow- 1y A-A!I real prope•ty taxes le,~ed o~ assessed aqai•~at thc above desc.ibed real esfate. ~ B-F~r ~s on f~re and v~~~~ds~orm insurar~e as here~n reouued to be carned c~ the ;mprovemenh s~tuate on the above described premises. T » C-Vren,~u~~s o~ such moc!:~age gua~artty ir.surar.ce as mortgagee sha~l !rom t me ta ti~ne deem tit to carry on the Soan secured hereby. Mo+~gagee Sha !;rom ti~ne to hme not~fy mc+rgagcr in writing of the amou~t due and payable Fx~eundrr and wth s~m shall thcreupon be due snd ; a~able on thr dve daTe of ~hz nexr month'ry payment and each succe:sive month thereafrer untit mortgagee shall notify mortgagw of a change in such :-•ovnt. $uch su:ns sha i be app:ied by matgagee toward the payment of real property taaes, insurance prem.~ms, and mwtgage guaranty insurance ,:~•emiums. ~ IN WITNE~S 'NHER~Of. rhe sa~d MORTGAGOR fias her~unto xt his hand and seal the day and year first atwesaid. Syned, Sea! and detivered i~ the presence of: y~ l , ' ,,.,o F~~EO ,?NO aECOao¢o'~ /T, ~~~s~-~-~- G~ ~ -WiLTIe38 ST.tUC~E COUNTY fLA. R. ~Sil ~C6I' (Seaq ~ RBCEr P~~?TRAS , } sNn ~ `~fft Asg CIE~K Ci'iCU1T COUII B~@r (seaq ~ RFCORD VFRtf1Ed SiATE OFxio~oa~c Ohio PM' ~ ~ ~~~~n ~ j,;, y~~ Auc 21 3 38 Z14~34 ~ ~ Be~ore me personatty appeared R• ~nd f Irene 88~QAI' his w~~e, to me well known and known to me to be the indiv~dwli descr~bed in and who executed Ihe foregany instrument, ~nd xknowledged before me that they executed the same fw tha purpose~ ~ ~he~ein exp~essed. And the said____ _ I er ~ +V;fe of the said - R• ~aTl B~CBI' upon ~ rah and priv~t~ e=am~nat~on by me taken scparare and apa.t from he~ said husband, xknowledged ?o and be~we me that she exetuted said instr t J~e~ly.+nd volun- ~ ~ar~Iy aRd w~thout any compu~sion, constra~nt, appreh ns: w fear of or from her taid husband. ~~~~y ~ WITNESS my hand and officia! seal this______~~ day of •l4:']~;'•1~ ~ x o ~ _ rary PubGc n ar+d tor ~he Sute of - . - y Comm~ssi expires: ' ~ Retum To: ' n ~ '~.,G'~'r - ~ ~ Fint Federal Savi~gs 3 Loan Associat~on .,Y. . ~ Of Fort P erce. ' w ~ Fort Pierce, Flonda, NOtaf~l PUbI1C ` JOHN 1. GUENI, , . N ~ ~n and for Montgomery County, Ohl~'~~'%:::t:}u~' ~i2k ~ ~ ~ . My Comm:ss:o^ ExDires Ju~Y 31, 19~Z • 'i ~ ' This Instrument Prepared By WD. E. BZ"d11ri ~ First Federal Savings & loan Association of Fort Pierce ~ t~jot'ids Checked By ~ _ O 3 ~i~6 ~ : ~ _ _ _ _ . z_. a_ . - _ ~