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Home My WebLink About1335 ~ , : c• • To alace and co~rinuously tcep on ~he buCd~ngs now or hereafter ~itua~e on sa~d Iand and on al~ eq~ipmrnt ar.d p_rsona:ty cove~ed by ~his mor age, w~th ~II prem~ums the~eon pa d in full, I~re ~ns~rance ~n the usual s~anolard po~icy form, i~ s sum app~o~ed by ihr A1UR,.,%a~aEE. ar.d vv~nds~o ~nw~ante in the uswl t~a~~dard po1:y form, in a s~m appiored by the MORTGAGEE, in suth company or comfan.es as the A~ORiGAvEE m d~rect; ~nd all fire and w~nd~to~m inwrante pofues on any of sa~d build~ngs, ~ny imerest therein or parf thcreol, in the a99rega~e svm aforesa~d in sxcetf thereof, shaU contain ~he usual uandard mong,~gee dause or iuth ofher ~la~se ai rhe Morrgagee may requ:re, maling mr ~oas ~~~dcr sa,d po c~es, each and every, paYabie to said MORTGAGEE ss ~ts imeres~ may appea~, and each and every such po~~cy shail be promptiy a~i g~~d a~~d de~~vared ~ any held by said MORIGAGEE as further sewrity to said mor~gage debt, and, not le» than ten (10) days in advance of tne e,ep~rat:on of each po~~cy, to d. I~ver ?o said MORiGAGEE a renewal thereai, together with a rece~p~ for Ihe prem~um of •uch renewal; and there shail be no i.re or •Hindstorm in~vianc p!ated on ~ny of sa~d build~ngs, any interest ~hera:n w par~ thrreo(, unleas in the form ar~d wi~h the ~oss paYabte as afu~ese~d; and in the eve~t any sun of money becw++es payable under such ,xlicy or pollc:es sa~d ~V10RTGRGEE shall have the ophon to ~ece~ve ond app!y the same on account of the i~~drbied ness secur~d hareby or ro perm~r ~a~d MORTGAGORS to receive and use it a any pa.~ the:eof ior oci~cr pur~~oses. .::~n:_t rh,•~ t1.:,•+~ ~3 ;r ~,:p..~. ing any ~qv~ty, Gen o~ r~ght under w by virtue of ihis mo:~gage; and in the event sa.d M02TGAGORS shall for any reason fail to keep the sa~d prem~scs so ~nwred, or fa~l to delivcr prornp~ly any of said po~~cies of insurante to sa~d MORTGAGEE, or fail p:omptly to pay fu:ly any pre~~,~~m thcrrfor or in a~.y rrspect lail to perlorm, d:scha~ge, eaecure, elfect, compEete, co:rp~y wiih and abide by ~h~s tovenant, or any part hareof, sa~d h1GRiG~GEE may p~ace a~o pay for such in~urance o~ any part thereo( w;~hout wsiving w affeUing any opnon, iien, equ~ty, or right unde. a b~ v~riue of th~s A~oregage, and nc~ t~il amount of each and every such payment shall be immediately due and payable and shall bear interest from Ihe date thcreof vnul pwd at the rate ol ~~~~~e per cenrum per annum and togethe~ v.ifh s~ch inte:est shai~ be sewred by the lien of this mwtqage. 1. To ptrmit, tommit or suffer no waste, impaitment or deterioration of sa~d property or any patf thereof. 5. To pay alI and s~ngular the costs, charges and expenses, ~ncluding a reasonab!e afrw~ey"s fee and costs of abstracts of t~tte, ~~ci~rred w paid at a~y time by sa~d MORTGAG:E, because or in fhe event of the fa~lure on the part of fhe said MORTGAGOR ro duly, promptly and fuily perform, d~scharge. ~aewre, ef(cu, compiere, comply w~ih and ab:de by each and every rhe stipuia~~ons, agreemen~s, cond~t~ons, and co~enanrs of sa~d pro:n~ssory note and ~h~s i,o~rgage any or e~thar, and sa.d costa, charges and expensrs, each and every, shall be immed~ately due and payable: whetfier or not there be nonce dr mand, atterr.pt to cotlett or svit pend~ng; and the f~ll a~nount of eath and every such paymeM shall bea~ inr~rest from the date Ihereot until pa~d at the ~.•re o~ nine per cant~m per ann~:»; an~ alI sa~d costs, cnargrs and exprnses incurred or paid, together wah such ~nterest, ahall be secured by the lien of th~~ mortgage. 6. That (a) in the event of any breach oi this Mortgage or defauft on the part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money herein refe~red to be nof p~omptty and fu~ly paid wdh~n th~rty ~30) days neat a`rer the same seve~atty become due and payeble, wnhout demand or nonce, cr (c) in the event each and every the atipu~a~ions, agreements, condmons and covena~~s of sa.d promisaory note and th~s mortgage rny or either are no1 ~~.y, promptly and fuliy performed, d~scharged, executed, eftected: completed, compi~ed .vi~h and ab~drd by, then in e~ther w any such event the sa~d ag- ~regate sum mentaned in said promissory nore then remaining unpaid, with inrere;t accrued, and ail moneys secured hereby, shall beco~ne due and pay ab•e fo~thwith, a thereafter, at the option of sa~d MORTGAGEE, as fully and comp;e~ely as if all of the said wms of money were ong~nally st+pulated ro be pa~d on such day, anything in sa d prom~ssory oote or in this Mortgage to the cororary nor,vi~hstand~ng: and thereupon oi thereafter a~ the opr~on of sa:d MORTGAGEE, w~thout nonce w demand, suit at law or in equ~ty, therefore or thereaiter begun, may be prosecuted as if aIt moneys secured hereby r.;d maWrtd pnot to ds instituLOn. 7. That in the event that ar the bcginn~ng of or at any time perxl~ng any :u~t upen th~s Mo~tgage, a to fweclose it, or to refo.m it, or to enforce Fayment of any claims here~ndrr, said A1pRTGAGEE shall apply to thr Court have~g ~ur~~d~a~on the:eof for ~he appo~ntment of s Receiver, such Co~rt shail f~~thwith appoiM a recciver of aaid mortgaged prope~ty ail and singular, indud ng eIl and s~ngu~ar the income, p~of~ts, issues and revenves from whatever s:.~rce derived. each and every of wh~ch, ~t being express~y ~ndersrood, is hereby morrgaged as ~f spec~iically sN forth and described in the g.annng ar.d ~.+~endum clnuses hereof, and such Receiver shalf have all the bruad and effec+we funa.ons a.~ powers in anyw~se entrusted by a Co~rl to a Rxeiver, a~:d s_ :h appointment shall be made by such Court as an adm~tted equity and a ma~ter of abso~ute r~ght to said MORTGAGEE, and withoul reference to the e::equety or inadequacy of the value of the properry mo~tgaged or to the so.ven~y or ~nsotve~cy of sa~d MORiGAGOR or the defendams, and that such •~~~~s, protin, incane, i:sues and revenues shall be app:~ed by such Receivrr accordu~g to the lien w equity of said'MORTGAGEE and the pracnce of such Court. 8. To duty, prompt!y and fully perform, d~scharge, execute, eftect, complete, comply w~th and abide by each and every the stipulations, agreemcnts, conditions and covenants m sa~d pro:n:ssory note and thls mortgage set forth. 9. That in the event the ownersh~p oi the mcrtgaged premises, w any part thereof, becomes vested in a person other than the MORIGAGOR, the :'ORTGAGEE, its successors and ass~gns, may, w~~hovt not~ce to the MORTGAOR, deal with wch successo~ a successor in ~nterest with reference to this ^~.origage and rhe debt hereby secured in the same manner as w~th l.lortgagor wnhout in any way vit~ating or d~scharg~~g the lAortgagori liab~lity here- ::~der or upoo the debt hereby sec~red. No sale oi the premises he~eby morrgaged ard no fo~bea~ance on the par~ of rhe MORTGAGEE or its successors er ass~gns and no extension of rhe nme (or fhe paymem of the deb~ hereby secured given by the MORTGAGEE or its successors or ass:gns, ahall operate ro reiease, d~scharge, mod~fy change or affect the o~~g~nal I~ab.l~ty of the MORTGAGOR herein, either in whole a in part. 10. It is speufically agreed that time is of the essence o( this contract and that no waiver o1 any obl~gat~on hereunder w of the obligation se- cvred hereby shait at any nme thereatter be he.d to be a wa~ver ot the terms hereof w of the instrumeM secured he~by. i 11. In add.No~ to the forego ~ig month:y payments of ~r,i~c pal and inrerest required by rhe prom sscry no~e sewred hereb/, mortga~or covenants ~ ~ a- d agrees to pay to mortgagee v~~:n each monih:y pa~~.•em an add:nonal sum cst,~nared by mortgagee to be equal to 1 12 of the an:iual cost of the follow- ' ~ ~ ~ j A-All ~ea! properry taxrs lef~ed o. assessed agn~^st th~ above descr~ycd real estate- ~ B-Pr~mivms on fire and windsrorm inwrarce as herc:n rcqu~red to be tarried on the improveme~ts s~tuate on the above dest.ibed premises. ~ C-Premwms on wch mortgaye g~aranty ir.surar.ce as mo~tgagee shall from rme to time drem fit to ta~ry on the loan setured hereby. E AAortgagee sha!1 from t~me to t~me notify mortgagor in wr~nng oi the amou~t due and payable hereundrr and such su:n shati thereupon be due and i :~yable on the due date of the ne:t moNh'y paymem and each svccess~ve momh thereafrrr u~.til mortqagee shall not~fy mortgagor ot a change in such j ount. $uch sums sha:+ be appfied by mortgagee toward the payment of real p~oFerty taxes, insurance prem:ums, and mortgage guaranty insurance f :.-err.iums_ ; IN YJITNESS tVHEREOf, the said MORTGAGOR has hereunto set his Fand and seal the day an ear iirst aforesaid. ~ F Signed, Sealed and deliv~ red in the presence of: ~ ~ C~ `ud J af 3 ~ ~ r es . g s ~ ' SSeal) ~ _ ~ _ rn • ~ v~A {Seaq ~ - (Seal) ~ STATE OF FLORIDA 1 ~ C~UNTY OF $t. I.LIC1@ ; SS ~ Before me penunally appeared GhdY ~SS Ca• Vigars a~ ~ _ Emelyn M. ~/~CJdIS his wife, to me well krawn and kncwn to me to be ~ the ind~viduals described in •nd who executed the fwegoing instrument, and acknow~edged before me thal they executed the same fw the purposes ~ rhe•ein expressed. And the said- B~1S/T1 M. Vigars r~~fe of the ~~d - Charles G. V~gaZS , upon a separate s~d private ~ e*aminat~on by me taken uparate and apart from her said husband, acknowledged to and before me that she eaecuted said instrument freely and volun- !anty and w~thovt any compu!san, constraint, apprchcns~oy, or fear of or from her uid husband. 72 Y WITNE55 my hand and official seal this_ 'y day of A_ D. 19-_ Notary P ~c in s for the_S~ate of Fbrida at lar~ Retum To: My Co ~ssion eupires: ~Gy. ~o~ / J73 first Federal Savi~gs 3 Loan Associafion - Of Fort P~e.ce. • ..J~•~kRY pUgl{C $TATE OF FLORIOA AT <AR~ Fort P~erce, Florida ' 14~' ~'~"1'SSION EXPtR~S AUG. 6+ 197~ - . QETIERIIL INSURANCE UNDERWRI O, INC. • _ 2 - FIlEO ahC a~CORDEO ~ This Instrument Pre ared B W~. B. Breun ~ ST.IUC~_ =~'iJNT" fLA. _ p y . RQr: r• ; ~,:veS First Federa) Savings & Loan Association ' C:E~t. C CU ' CbURT of Fort Pierce ~ Florida R`~~~ Checked By _ - • • . FEB ~ ( z6 1 ~l ~ 1 Z ~ 0 R . ~QOxi99 ~13~4 ~ - - - ~ ~ ~ ~ ~ : _ . _ . - _p_ . _ . _ u