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Home My WebLink About2752 3. To pl~c~ and conrinuously keep on Ihe bui!dingi now w hereafter aituate o~ sa~d land and on all equipmenl and pasonally covsred by this mor sgs, wilh all p~emiums thercon pa~d in (ull, fi~e insuranca in the usual staidard polisy fo~m, in • sum ~pp~oved by the MORiGAGEE, ~nd windtto ~nsurance in the usual •tandard pol~cy fo~m, in a sum app~oved by ~ha MORTGAGEE, in such company or compania as th~ MORTGAGEE m direc~; and ~II (ir~ ~nd wind~torm iniurance policie• on any of ~aid build~nqs, ~ny in~e~e~t tharein o~ parl therwf, in tM aqy~cp+?~ wm ~forosaid in exteu thereof, ~Aall contain the usual standa.d matgagee clause a such othe~ clauss as tM Matyagee may requir~, makinp ths 1os1 under ~aid po cies, e~ch ~nd every, payable to said MORTGAGEE as its imcrest may appear, and each and eve?y such poiicy shall b~ promptly ats-yned ar+d delivered ~ •ny heW by said MORTGAGEE as further tecurity to said mutyag~ deb1, and, no~ lesi tMn ~en (10) days in advance of ths •xpiration of each policy, to tM I~ver to said MORiGAGEE • renewal the~eaf, tope~her wi~h a receipt fa the premium of such renewal; and Ihere shall be no ii~e a windsto~m iniur~nc plxed a? any of said buildings, any interest there~n w pa~t thereof, unles~ in rhe form and w~th ~he loss payable as afcresaid; and in ~h~ •vtnt ~ny sun oi money becomes payable ~nder such poliq or policies ieid MORTGAGfE shall have ~hs opt~a? 10 ~eceive and apply the same a+ +ccovm of tFa Indebted neu setWed he~eby w fo permit ~aid MORTGAGORS to receive and uts if M any part thereol lor othcr pu~{>oses, wilhouf thareb/ waiving or ~mpair- in9 any eqvity, lien or ~iflht under w by virtw of ~n~s ~~~u::~~e: +~d i~ the avent sa~d MORTGAGORS :hall for sny reason fai) to keep the s+id premises w iniured, a(aiI to deliver pramptly any of said policies of insursnce to said MORTGAGFE, a(ail promptly to pay fully any pre~nium the~etw w in any respect laii lo palwm, discha~ge, executs, etfecl, completa, comply with ~nd abide by thi~ covenanl, M any parl hereof, sa7d MORTGAGEE may place and pay-fd such insurance or sny part thereof without waiving or aifectinp any option, lien, equity, a righl under p by virtw of thi~ Mortqs~e, +nd the tull amoun~ of eacA and every such payment thall ba ~mmed~ately dve +nd p+yable and shall bear inte~est from tM d~te the~eof until paid at the ~ate o) n~ne per centum per annum and together with such interest shall be secured by :he lien of this mort9age. ~ 1. To ptrmit, commit a suffe~ oo wasts, impairment w de!eriwation of s~id property or +ny psrf iF?~reof. 5. To pay all and unyulsr the costs, charges and expc~sea, including a ressonable attaney't fee and costs of abstrxts of titk, inc~r?ed o~ p+id at any time by said N10RiGAGEE, because w in the evenl of the tailure on the pan of tF~e taid MORTGPGOR to duly, promptly and fully perform, diuMrg~. execute, effect, complete, tomply w~th and ab:de by each end every tFM stipu~ahons, agreements, conditions, and covenanq of uid promissory nots and thi~ mwtgaye a~y w e~ther, and u~d costs, chargts and expenses, each and every, sMll be immediately due and paysble; whether a not there be no~~ce dr mand, attempt to collect a suit pend~ng; and the full amount of esch and e~e~y such payment ahatl bea~ interea~ from the date thereof until psid af tht r~te of nine per centum per annum; arw all said coses. chargrs and expenses incurred w paid, together with such interest, shall bt ucured by ths lien of thu mortyap~. 6. Thsf (a) in 1he event of any breach of this Mortgagt or default o~ tM part of the MORTGAGOR, w jb) in the event ~ny of said ~ums of money herei~ refe~red to be ~01 promptly and f~~lly paid within thuty (30) days next after the same severally become due and payable, without de~nand or notice, or (c) in the event eacA aod every 1Fx stipulat~ons, agreementi, condiiions aod covenants of sa!d promissory notQ and th~s mwtgage any w eitMr are not iuiy. prompHy and fully pertormed, d~scharged. execured. eifected. completed, compiied wirh and ab;ded by, then in ei~he~ or ~ny ~uth evtnt tM said ap~ gregate wm ment'aned in said promissory note then remaining unpaid, wi~h interes~ accrued, and all mo~+eyi secured Fx~eby, ihall become dw and pay- abte fo~thwith, w thereafter, st the option of said MORTGAGEE, as fully and completely as if atl of the said wm~ of money wera ori~in+lly Nipvlated ro be paid on such day, anything in sa:d promissay note or in this Mortgaqe to the contrary notwithstandiny; and-thercupon a thereafter at tM option of said MORTGAGEE, without notice w demand, suit at law o~ in equity, thereiore or thereattcr begun, may be ptosetuted as if ~II mot~eys set~red hsrtby nad matured pnw to its institution. 7. That in th~ event that at the beginning of w at any time perxling sny su~t upon this Mo~tgage, o~ to faeclose it, w to refwm it, a fo enfwt~ paymem of eny claims hereunder, said MORTGAGEE shall apply to the Cour~ having ju~~sd~ction thereof fw the appoi~tment of a Receiver, such Cou~t aMll Fo~thwirh appoint a recciver of uid n?wlgaged property all and singuler, indud~ng all and zingula~ the income, profits, issues and revenues irom wF?ateve~ source de?ived, each and every of wh~ch, it be~ng expressly understood, is hereby mortgaged as if speuficalty set fath and dewibed in the 9rantiny and habendum clauses hereof, and such Receiver shali have all ~he Moad and effective funct~ons and powers in anywiae entr~sted by a Court to a Receiver, and such appointment shall be made by wch Court as an admincd equity and a matter of absolule right ta said AhORTGAGEE, and withoul re~erence fo the adequaty or inadequaty of the val~e of the property mo+tgaged or to the soivency w insolventy of said MORTGAGOR a the defendants, and thrt such ren+a, profih, intane, issues and revenues shall be applied by such Receiver according to the lien w equity of said lNORTGAGEE ~~d Ihe pract'~te of suth CouA. S_ To duly, promptly and fully perform, discharge, execute, efiect, complete, comply with and abide by each ~nd every ths stipulations, apreemenb, conditions +nd covenants ~n u~d promissory nose and ~his mortgage set fath. 9. That in the event the ownership of the mortgaged prem~ses, a any part the.eof, becomes vtsted in a person otlxr tF?~n the MORTGAGOR, th~ MORTGAGEE, its success«s and assigns, may, wiihout notice to the MORTGAOR, deal with such successor d successo? in interest with reference to this mortgage and the debl hereby secured in the same manner as with Nbr:gagw without in a~y way vitiating or diuharging the Mwtyagon' liability her~- ~nder or upon the debt hereby secured. No sale of the premius hereby mortgaged and no forbeaiance o++ the part of the MORTGAGEE or its suttessws or assigns and ff0 l7t1MSi0~1 of the time fo+ the payment of the debt here6y secured given by the MORTGAGEE or its successors w assiyns, sha61 operat~ ro release, d~xharge, modify change or affect the origi~al I7ab~l~ty oi tFx MORTGAGOR herein, either i~ whole or in psrt. 10. It is spec~ficatly agreed ~hat time is of the essence of th~s contract and that no waiver of any obligst~on f~ereunde~ a of the obligation se- cured hereby shall at any time therea(ter be held to be a waiver of the terms hereof or of tlx instrument secured herby. - 11. tn add~tio~ to the forego'ng month!y payn,ents of princ'pal and interest required by the promiuory note sccured Fxreby, mortgagor tovensnfs and agrees to pay to mortgagee with each monthiy payrnem an add~~ana: sum est~mated by mortgagee to be equal to 1~`1Y of the annual cost of fhe follow- ~ ing: . - A-All real property ta:es levied or assessed agai+ist the above described real estate. t B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improveme~ts sitvate on the above dtscribed premises_ ~ C-Premiums on such mortgage gua~anty insurar,ce as morlgagee shall fram t~me to time deem fit to carry on tF?e loan secured hereby. ~ Mwtgagee shail from time to time notify mortgagw in writing of Ihe amounl due and payable he~eunder ~nd suth sum shall thereupon be due and Fayable on the due date of the ne~et momh!y payment and each successive monlh thereafter urtil mortgagee shalt notify mortgagor of s change in such ~ a~~ou~t. Such sums shail be applied by mortgagee toward the payment of reai property taxes, insurance prem:ums, and mortgaye guaranfy insura~te 4 p~emiums. ~ IN WITf~ESS WHERE , he sa' MORTGA R has hereunto set his hand and seal the day and y ar first ~ ~ ' ned, Sea a deli ered presenc of: f aq 01~ • Z 9 ~ 1 _/l _ ~G~ w... : ` d ` n r ra . r ~n STATE OF FLORIDA ~ St. Iucie couNnr oF defore me perwna0y appesred 1{oward R• BI~A $i?Zb8Z8 C~ BYOI~lf his wi(e, to me wtll known and known b ms fo b~ rhe individwls de3c.~bed in and who exec~ted the fw ~~nstrwn~nt, and ~cknowkdped befwe me that they execvted the iam~ for tFw purposes i therein ~xpressed. /4~d the said ~ C• $Y~~ ,~~fe of the said HOwa=d R• BLO~'1 ~ ~~ep~rat~ ~nd phay e,am~nation by me t~ken separate and apart from her said husband, actrwwledged to and beFwe me tMt ihe executed said iratrument f~ ~nd v01w~- ~ rarily and wilhout anr compulsion, constraint, app~reJhension, fear of w from her said husband. ~~i ~til' t. WITNESS my hsnd and offic~el seal this p~ day of t~~ ~~',.~1~~~ ~ ~ • ` ~ r - • ~ FILE6 +~KO RECOROE~ • _ - . ~ : 6j. LUCIE COUNTY f lA. ww,ry PubtK in ~nd fw rh/e/~~St•n, ~ RQCER ~Q ~1RA~ My Comm~ssan ucpi..s: (.L! ~.~'~j ~ Y•. ~ ~ ~ . . . ~ ~.F Rerurn To: C~ERK CIRC1117 COUR1 `~`j` ~ Fust federd Sav~ng~ a loan Assouation RECOROVER~F~EO.r•~+ ~6, /~71 r'~,~~ ~~r~~" Of Fort P,erce. 'Q 55 pM'~' •,1'• 4~ a~.. ~ Fort Pierce, fbr~da ~v , ~ ~ d ~,1"e i C ~ 216?43 ~'~;t~t,~k This Instrument Prepared ByRiCha=d K. Kayes ~ First Federa! Savings E~ Loan Assotiation ~ of Fort Pierce ~ Rlozida Checked By - aoo~ 195 ~ 2750 ( ~ ~ . - - _ ~ - - _ _ - - - _ .~,-.~::=v ~