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Home My WebLink About1323 . : ~.~J J. To plsw and co~tinuo~,siy keep on ~he bu~`d~ngs now or hereaf~er ~~?uete on sa~d land and on aIl cqu~p~nen~ and pe.sonatly cove~ed by ~his mo~ ~g~, w:th all premi~mi If+ercon pa.d ~n f~ll, fire ~~~surante m ~ne ~sual um.da~d poi~cy iorm, in a sum aHpro~ed b~ rh= MOkt"AGEE, and w~ndsro insur~nce in the us~al standa~d po'.ty ~orm, in a sum appro~ed by the h10RTGAGEE, in suth to~npany or cc+npan,es as the h10RT~AGEE m dhect; and all iire and w~nduorm insura~ce polic~e~ on any of said build.ngs, any interest ~herein or part ther¢r,(, in ~he aggrega~e w~*+ aForesa~d in excett thereo(, ahatl ;ontain the usual sta:~dard mortgagre clause or such otht~ clause as the Mo~tgagee may requ.re, maAing the ~c+ss ~ndrr s.~~d po ~ c~es, each and every, pa~ab!e to sa~d A~ORTGAGEE as ~ts interest may appear, and each and eve.y svch pe!.cy ahalt Ix p~ompily ass ynrd a~~d de~ivered ~ sny held by sa~d MORiGAGEE as fw~her secu~ity ~o sa~d mortgage debt, and, not iess than ten (101 days ~n advance of fhe expirat~on of each poGCy, ro d Iwer to said MORTGAGEE a renewal thereof, fogerhe~ with a rece~pt for the premium of such renewa:; and ~hrre shall bt ra i~re or wi~~ciuo~m insuronc pleced on any of sa~d build.ngs, any m:eresl theroin or part thereof, un'fss irt the form and wnh the toss payable as aforesaid; a~d in the e.eN any sun of mo~+ey brcomea payab~e under such potiq or policies said MORTGAGEE shall have ihe ophon to rece~ve and app~y the wme on acceunt oi the indcbt~d ress secwed hereby w ~o perm~t sa~d MORTGAGORS ro recei~e and use it or any pa.t ~he:cof ic~ o:i,.•r pur,,osrs, ~v:~no,:t fhr~:~~ ~,.a~~~~~ a. ~~~+~~r ~ng any ~qu~ty, lien w i~ght undrr w by virtue of thi~ mo::yage; and in ihe event sa:d MORTGAGORS shall for any ~eason {ail to kaep the aa~d premisrs so ~~sv~ed, w fail fo de~rver promptly any of said policies of insurance to sa~d MORiGAGEE, or fail promptty to pay fulty any prem~vm therelw or in a~~y reapect fail to pe~form, dncha~ge, execute, e~fect, canptete, co:nply wiih and a5ide by this coverant, or any pa~~ hereof, sa~d MORTvAGEE m.~y p~ace a~o pay for such inwrance o~ ~ny part ?hereof w~ihout waiving or aifecting any opnon, Iien, equ~ty, or ngh~ und~r or by rirt~e of this hto~tga9e, and ~hc f~il amovnl of eath and every s~th payment shall be ~mmediately due and payable and shall bear interest from ~ha data thercof u~uil po~d a~ the rate ol n~ne per cenrum per ar.n~m and te~rth•r v~ith wch interest sha~, be sewred by the lien oi th~s mortgage. 1. To permit, commit or suffer f1p K'dSfl. impairment o~ deteriorotion of sa~d properry o? any part thereof, S. To pay all and singular the costs, chargef and expenses, including a reasonable attwney's fee and costs of abstracts ot title, incurred or paid at any time by said MORTGAG:E, becavse a:n the event of the (ailure on ehe part of the said MORTGAGOR to duly, pro~.+ptly and fully perform, d~sch~~ge. :xec~te, effect, complete, tomply w~th and ab;de by each and every the stip~tanons, agreeme~tf, tond~tians, and covenanrs of sa~d pronissory no~e and ih~• ~~ortgage any or e~thr, and sa:d costs, charges and expenses, each and every, shall be fmmrd~ately due and payab:e; whether or ~ot there be nonce dz mand, attempt to co~IM a suit pend~ng; and the futl snount of each and e~e~y such paymem ~hali bea. iroerest from ~he date thereof until paid at the r.,ie oi nine per czntum per annu:n; ar.d atl ia~d costs, charges and expenses ~ncurred or paid, fogether w,th wch interes?, shall ~e secured by the lien of ~h~s ' mo~t9ago. 6. That (a; in the event of any breach of this Mortgage or default on the part o( thr MORiGAGOR, or ;b) in tfie event a~y o1 sa:d sums of mo~ey herein referred ~o be not pron:pfly and fully pa~d wrthm ~h,rty ~30) days next arn_r the same severa':y becon,e due and payable, without demand o~ notice, cr (c) i~ the event each and every the stlpuiations, agreements, cond~sio~~s and covcnants of sa d promissory r.ote and th~s mortgage any or e~ther are not ~uly, promptly and fully pe~fwmed, d:scharged, excc~red, effected, complered, compl~ed with and ab~ded Sy, then in e~the~ w any su;h evem the smd ag ~regate sum ment~oned in said promissory note then remain~ng unpa~d, with inrerest accrued, and atl rnonzys secvred hereby, shall becume due and pay eo'e forihwith, or ~hereaf~er, at the opr~on of sa~d MORiGAGEE, as fully and comnle~ely aa il a11 of the said sums of money were or~ginctly snp~Iated ro be pa:d on such day, anything in sa.d prom~sso~y note or in fhis Mongage to the contrary notw~~hsrand~ng; and there~pon or thereaher a~ the opt~on of sa.d MORTGAGEE, w~thout not~ce or demand, sui~ at law w in equ~ty, therefore or thereafter begun, niay be prosecuted as if all moneys secured he~eby n_d matured pnor to ds i~stit~tion. ~ 7_ That in the event that at the beginn~ng of or at any tirne pend~ng any suit upon this Mortgage, w to fwetlose it, or to reform it, or fo entwce payment of any claims hereunder, said MORTGAGEE shall apply to the Co~rt having ~w~sd.ct~on thereof for the appo~ntmeM of a Rece~ver, svch Covr~ shall ic:thwirh appo~nt a rece~ver ol said mortgaged proprrty a!I and sin~via?, inctvdng aN and a~ng~:ar fhe income, prof~ts, issues and revenves Irom whatever scu~ce de~ived, each and every of wh;ch, be;ng ~ItptEiS~y unde~siood, is hereby moregaged as if speufrcaiiy se~ fath a~d describad in 1'.~e granung snd F.abrndum clauses hereof, and wch Receiver shatl hare afl the broad and effect~ve funct.ons and powen ~n anyw~se entrusted by s Court to s Rtteiver, and s_ch appointment shall be made by svch Cou~t as an adnfned eq~~ty a.~d a matrer of abso:ute r:ghi ro said MORTGAGEE, and withouf reference to the edeq~acy or inadeq~acy of the vatue of the property mortgaged or to the so.vency or ~nso~vency of sa~d MORiGAGOR or the defendaros, and that such r~~rs, profits, inco.ne, issues and revenues shail be applied by such Receiver accord.ng to the lien or eq~ity of sa~d MORTGAGEE and the practice of such Courf. - 8_ To du1y, prompt:y and fvily periorm, d~schargf, execute, effect, complete, compiy w~th and abide by each a~d every the stipulations, agrcements, :ond~tions and covenan~s ~n sa~d pra~nissory ~ote and th~s mortgage ser forth. 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other tha~ the MORTGAGOR, ths '.'.~RTGAGEE, its auccessors and assigns, may, w~thou~ notice to the A10RTGAOR, deal wri~h wch successo~ o~ succeasw in interest with refere~ce to this ~ o•rgage and the deb~ hereby secured i~ the same manner as with 1Ao~tgago~ w~rhout in any way vit~ating a d~scharging the Mortqagori liabilify he~t c^der w upon the debt hereby sx~red. No sale of ~he prem~sei hereby mortgaged and no fo;bearance on the part oi the MORiGAGEE w its successors c* assigns and no eatension of the time for the payment of the debr hereby secv~ed given by the MORTGAGEE or its svctessors or assigns, ahall operate ro release, d~scharge, mod~fy change or affect the orig~nal lia6~l~ty of the MORTGAGOR herein, either in whole or in part. 's 10. It is speuf~caliy agreed that t~me is of the essence of th~s comracr and that no waiver of any obl~ganon hereunder w of the obligation se- cur>d hereby shall ai any time thereafter be he!d ro be a waiver of the terms hereof or of the instrumem secu~ed herby. 1 l. In add.tdon to the fore o u moroh! a ments of rinc a~ and irne~est re u~red b the rom ssor no!e secured hereb mort a ar covenants ; 9 9 Yp Y P P q Y R Y 9~ ~ ~^d agrees to pay to r:ortgagee v~~th each mcmh y pay,.:ent an add:~~onal sum es~ +:ated by mortgagee to be eq~al to 1. 12 0: the annual cost of the follow- ' ,3 ~ A-All real prope!ry tairs lev~ed or assessed ag3~•ist thc above desaib•-d real estare. i B-Pr ~~;u~ms on fne and vlindstorm fnsurac;e as nerc~n reqo.red to be car~~ed cn the :mprovemeots s~t~ate on the above d=sv~bed premises. f C-Prermums on svch m~ngage guararty insvrar.ce as morrgagee shaN from r~me ro t~me deem fit ta carry on the loan secured hereoy. t Mortgagee iha~1 frcm t~me to tine nc~if~ mcrtgagor m writ~~g of the amou~t d~e and payabte hereunder and such sum shall thereupon be due and .~rable on th~ due da!e of the next n:onth:y payrnent and each successive momh thereafter uctil mortgagee shall not~fy mortgagor of a change in sdch ~ a~ ount. Such sums sFa;~ i~e ap, iird by mo~tgagee toward the payment of rea1 property taxes, ir.wrance prem;ums, and morrgage guaranty insurance i i;~emiums. ~ e ~ It Y~IThESS :VHEREOF, the sa~d MORTG s hereunto se* h~s ha~d and seal the day and year first aforesaid. ; ~Signed, ated and }he te of: ' , ~ Seen ~ T" neSS ~ Rol nd~ J. : enwa ts~sq ? ~~e~4-sc ~ ~ (5eal) ~ witness • _ G~ ce Y. et~ay t~aq r, ~ s~~:Tf OFS~ast Wisconsin ~ ~ u- = :~UNTY OF I a " Roland J. Benwa ~ Befwe rr~ penonally appeared Y e~d ~ Gzace Y. BenMay his wife, to me well knov~rn and known to me to be ~ f~e individuals described in and who eattu~ed the faegoirtg instrument, and acknowledged befwe me that they executed the same fw the purposes rherein eapresaed. And the sa~u__ Gl'21C@ Y BenM?av _ ~ .Y~+e of t~ ~~d _Boland J. Benwa~ _ upon a uparate artd private - e.am~nat~on by me take~ separate and apa.t from her said husband, acknowledged to and before me that she executed said instrument freety and volun- " ~e•~iy and w~~hout any compulsion, constraint, apprehens~on~ or tesr of or from her said husband. ~ ~ WITNESS my hand and off~ual seal th~s__ ~ S~ ,~~ay of A. D. 19 72 ? - ~ ' N tary Pub ~c in a fo Ihe tate of; at large My Com ssion e ires: WISCODSI~! - Ref9 n io: ~~2 '~j 7 - First iederol Savm s 3 loan Associas~on ; - Of Fort P.rrce - fo!t P~erce, Florida 223396 _ ~ ~ ~ . - - = FILED ~v~ aEC~R4ED ST LUC'E c•;~±ktY fLA. ~ . . RC~= • ~•'PES ' • `~f This Instrument Prepared By JOhn W. COll ins CL£nM. Cnt~RT ~ ' First Federal Savings 8 Loan Association afrr~ - _ • ~ ~ _ - ~ - - of Fort Pierce ~ Flozida fE8 1 i 2s ~H ~7Z ~ - Checked By ~ ~ - ~ ~ ~~199 P~132z 1 Y--! _ . _ . _ . ~ ~ ~~s... _ _ . .