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Home My WebLink About2221 . . ` \ ` . 3. To piace and continuousty keep on 1he bui:dinfl~ n~w w h~rcafler ~ituats on ~aid land and o~ all equ:pmenl snd penonally covered by thif mp sgs, w~~h all premiums thereon pa~d in full, lirc insurancr m ~he pswl s~e~derd policy form, in • ivm ~pproved by the MOR(GAG:E, snd windslo insursace io ~he usual standa~d pol~cy iorm, in s sum ap~uoved by the MORiGAGEE. in iuch company or compsn~es the MORTGAGEE m d~recl; and all fire ar.d windatorm insvrance poliuc• on +nY of~said build:ngs, any inrera~l thsreio or part thereof, i~ tM aQgrega~~ wm afae~aid in exce~s thereo(, shall contai~ the usual sta~~dard rnatflagee clause w such o~he~ claus~ ~s tM N1o~tqages msy requ«~, ma~inq fM ?oss undtr ~a~d po cies, ea<h and every, payabte ~o seid MORTGAGEE as its imerest m~y appear, •nd eacA and eve?y wch policy shall be prompdy a» pned and d~live~ed ~ a~y held by sald MORIGAGEE as 1urtFwr securi~y to ~a~d ~»ortyege dabt, a~xl, oot less than ten (10) deys in +dvance of the expir~t~on of esch pol~cy, fo d~ liver to said MORTGAGEE • renewal ~hereof, to9e~hsr with a rece~pt tw the premium of tuch renewal; and the~e shall bs no f~~s or windstorm inw~anc plated on ~ny ol sa~d buitdings, any interest therein or pa~t ~hereoi, unlesa in the form and wi+h the loss payable at afwefaid; and in 1he eveM •ny wn of monsy become~ paYabla unde~ such policy a po~~cies said MORTGAGEE shall havs ~hs op?~on to receive and apply the same on account of ~he indabted neas secu~ed hereby or to penrit s~id MORTGAGORS ro rcteive and use if w any pa~t 1Fwrcol for otncr purposrs, wi~hout th~reb~ w~~ving or ~mpeir~ iny any pu;ty, Iie~ a righl unde~ or by virtus of thit mo:tflage; and in the •vent sa~d MORTGAGORS shall fw sny reaton fail to keep tM s~id premius so insured, w fail ro de~iver promptly ~ny o( said {wl~cies ot insurance to ~aid MORTGAGEE, w fai! promptly to pay fully any premium therefor a in any respect fail to pe~~wm, discharge, execute, e«ect, canplete, comp~y w~~h and ab~de by this covenant, or any part hereof, said MORTGAGEE may plsce a~d pay (w such insu~ance or any parl thereof wilhoul wsiving w alfecling any opt~o~, lien, equity, or right unda w by virtu~ oF thii Mwlqa9s, and the ful) amount of e~ch ~nd e.e~y such paymen~ shall be i~n+nedia~ely due and payable and shall bea? interest fran the date thereof until paid ~t IM rats ol nine per ceotvm per annum end tu~ethet with suth interes~ shali be sawrcd by the lieo of th+s mat9agt. 1. To permit, tommil ot sufFe~ no waste, impairmsnt a d~~erioration o( iaid property w any part thereof. S. To pay sll and aingular the costs, charges and expenses, including a reesonabte aftorney'~ fee and costs of abs~racts of titte, incurred or psid at any time by ssid MORTGAGfE, betause or i~ the event of ~he fa~iure on the part of the said MORiGAGOR to du~y, promptly ~nd fvlly perfwm, d~xhar9~. exccute, e}fec~, complete, comply w~1h end ab:de by each and every the etipul~t~o~a, agreen~e~ts, conditions, and covenants of said promisso~y note +nd thi~ mo~tgags any o~ either, and said cosn, charges and exprnxs, each and every, shall be immediately due end payable; whether w not there be r+olice do- mand, attempt to collect or suil pend~ngj and the ful! a,nounl of each snd e~ery :uch paymem shall bear interest irom fhe date thereof ~ntil paid N the rate of nine per centum pcr annu:n; and all said costs, chargea and ex~~enses incur~ed or paid, together w~th such iMerett, shall be secured by the lien of fhu mortysy~. 6. Thaf (a) i~ the event oF any brcath of fhis Mortgage or drfavlt on Ihe part of the MORTGAGOR, w(b) in t}?e event sny of said sums of money herein referred ro be not pranp~~y and fully paid wi~hin ~h~rty (3J1 days ~e,t aher the same seve~ally become due and payable, withou~ damand w notice, or (c) in the event each and eve~y the s pula?ions, agreemems, condif~ons and covenants of sa.d prom;swry note end th~s mortgage any or •~ther a?e nol 1uly, prompNy ar+d fulty performed, d; harged, exec~ted, ef(ected, completed, compGed with and ab~ded by, ~hen io e~ther w ~ny svch ~vem th~ sald a¢ g~egate sum mentioned in sa~d pron~y rrote then remaining unpa~d, with interest accrued, and all mo~eys secured hereby, thall become dw ~od pay- ab~e loithwith, a thereafter, at the opt~on of said MORTGAGEE, as fully and completely as if all ot the sa~d sums of money were onginally stiputated to be pa~d on such day, anything in sa.d promisso~y note or in thia Mortgage to the con~rary notwithstanding; and thereupon w thereafter •t the opGon oi sa~d MORTGAGEE, withoW nohce w demand, suit et iaw or in eqwty, the~efore or thcrealter begun, may be prosecWed ss if •II mo~eys secur.d he.eby nad matured pr~w to its insfitWion. 7. That in the event that ar tF.e bcginn~ng ol w at any time pending any suit upon this Mortgage, or to fweclose it, or to reform it, w fo enfwc~ payment of sny ctaims he~eu~der, sa~d MORTGAGEE shatt appty to the Court havi.~g jur~sd.a~on thereot fer the appointment of a Receiver, svch Covn sMll forthwirh appoint a receiver of said mortgaged properly all and singular, inctud~ng all and singu~ar Ihe income, proiits, issues and revenves from whatevei sowce derived. each and every of wh~ch, it be~ng express'y understood, is hereby morrgaged ai if spec~fically aet forth a~d destribed in the grantir~ and habendum clsuses hercof, and such Receiver sha~l have all the broad and effect;ve funcr~ons and powers in anywise entrusted by a Court to a Reteiver, and s~ch appointmenf shall be made by such Cou.t as an ad~n~ned equity and a maner of absolute right to said MORTGAGEE, and withoul reference to the adequacy w inadequacy of the value of the p~oFeny mo~tgaged or to the so~vency or ~nsolvency of said MORiGAGOR a the defendants, and that such ~ems, profiri, incane, issues and revenues shall be appl~ed by such Receiver accord+ng to the lien or equity of said MORiGAGEE and 1he prattita of such CouA. 8. To duly, promptty and {ully perform, discharge, execufe, effect, complete, comply with and abide by each-and every the stipulations, ayreert?enif, co~d~tions and covenams in sa~d prom~ssory nore and this morrgage set for~h. 9. That in the event the ownership of the mortgaged prcn,~ses, or any part thereof, becomes vested in s person other than the MORTGAGOR, tM h50RTGAGEE, its successas and assigns, may, v~rithout nof~ce to the A10RTGAOR, deal w~th such succeuor w successw in interesl with reference to thii mortgage and the debt he:eby secured in thc same ma~ner as with Martgagor without in any way vitiating w d~xharging the Mortgagors' li~bilify here- ~,nder w upon the debt hereby secured_ No sale of the Frc~nises hereby mo~tgaged and no forbearante o~ the part oF the MORTGAGEE or its wctesson or assigns and no eztens~on of the time for the payment of the debt h~reby secured given by the MORTGAGEE or its successors or auigns, Mull operate to re~ease, d~xharge, modity change or affetl the orig:nal liau~lity of ~he MORiGAGOR herein, either in whole w in part. 10. It is spec~iically agreed that time is of the essence of this contract and that no waiver of a~y obligation hereunder or of the obliystion sr cured hereby shali at any time thereafte~ be he~d to be a wa~vrr of the terms hereof w of the instrument secured he~by. I1. In aod:tio~ to ~he forego n9 monthly payrn~nss of p~i:x y,ai and in~erear requhed by the prom:sscry note sec~red hereby, mortga~ar covenants and agrees ro pay to m.o:tgagee with each month~y pay~.~ent an add~rional wm esnmated by mo~tgagee to be equal to 1;' 12 of the annual cost of the fotlow- ~ng: - ' A-All real property taxrs ~ev~r~ or assessed a9ai•ist ~he abave descriycd real estate. B-premiums on fire and windsto•m insurar.ce as herein requ~red to be carried on the improveme~ts situate on the above described premisl~s. C-Prem~ums on wch mortgage guaranty ~r.sura..ce as mortgagee sha(1 from t~me to t~me deem fit to carry on the loan secured hercby. I Mortgagee sha?I irom time to t~me notily mortgagor ~n w<itinq of the an,ovn~ due and payable hereundrr and s~ch sum shal~ thereupon be due and ~ c 3yable on the due date of the next month!y payment and each succeisive month thereafter ur.til mortqagee~ shatl .notify mortgagor of a change in such { a~~•,oum. Such sums sF.a;l be applied by mortgagee toward the payment of real property aaes, insurance p~em:ums, and mongage gw~anfy insursnce f p•emiumS. t IN 4MITNESS WHEREOF, the sa~d MORTGAG^R has hereunto set his hand and seal the day year first afor~~ ~ Siyned. Sealed and delivered in e prese~ce of: F~~EO AN~ KECO~DEO .o ST COUNTII flA. o n e enere ~ RGCc~ POITRI~S ~+n CIfRR C:iiCU1T COURT L ~aq RECORR ~fR+F1ED L, Toan e enere - - (Sesq STATE OF FLORIDA ~3 I ~ouNn o~ St . Luc ie ~ 6efwe me perw~ally appeared .JOjITl DeVenere Joan I~1. DeVenere his wife, to me welt known and known to me to be !he indrvidwls described in end who eaetuted the faegang insrrumeM, and acknowledged before me that they executed the same for the purposes therein expreaxd. And the •aid Joan El. DeVenere ++~(e of the said 7At1H DeVenere _ ~ sep~r~te and priwt~ e¦am~nstion by me taken separate and apart from he~ said husband, acknowledged to and before me fhat she executed said instrument freely and vofurt~ ~anly and w~thout any compulsion, constraint, apprchens;yn`~fear of w(rom her said husband. ~ K i ~ WITNE55 my hand and offic~al seal this__-~__---_ day of S t A. D. 19-~1.-. ~ ' "E e e~ E=~~ . Motsry publrc in and ~or t tate of f{orid~l N Lstp~ My Comm~ssan expires: /d~,1/. Retum To: T~ C( . First Feder~l Savings a Loan Assxiaf~on r J'~'••, f Of Fert P e+ce / ~ - II " . J ~ ~ ~ ~ Fort Pierce. Flonda .4- ~ r ! ' ~ ~ „ ' ~ . r . J V j~.. _ : Q ,•l~a : This Instrument Prepared By Richa rd K. Kay~s first Federal Savings 8 Loan Association ~i'•~~ of Fort Pierce~ Florida ~ Checked By L~.--_ ----tr aoo'~5 ~?~2219 ~ ~ 2 ~ - - ~