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Home My WebLink About1941 3. To place and continuou~ty kcep o~ the bui'd~ngs now w hercafter s~tuaie on sa~d land ~nd on all equipmenr and personaily covered by this mor ege, wEth ail premiume therton pa,d in lull, Grr inivronce the usual starxlard pol~ty fo~m, in s sum approved by the MORtGAGEE, and windsto :nsurance in rhe usual standa~d pol.cy (e,rm, in a wm app~oved by the MORTGAGEE, in such company or compa~ies af the MORIGAGEE m duec?; ~nd all fiie and w~ndstorm insura~ce pol~c~es on a~y of iatd bu~id~ngs, any intere~t thlrein or part thereof, in the aggreqare sum alo~esa~d in excess thereol, shall contain the usuat standard matgagee ciause or wch other c!ause as the Mongages may req~.re, m~\ing ~he lo?s under sa~d po c~es, each and every, payab!e ~o said MORTGAGEE as ~ts mter~~t may appear, a~d each and every suth poi~cy shall be promptly ess g~cd and dei~vered ~ eny heM by sa~d MORTGAGEE as turiher security ro said mortgage debt, and, not !ess ~hen ten !10) dsys in advance of the eapiration ot each pol~cy, to d~ . ' fver ro said MORIGAGEE a renewal ?hereof, ~ogerher with a rece~pt for the premium of such renewal; and there shall be ra fire o~ v~~ndstorm insuranc - pleced on ~ny o1 said b~ildings, any interest therc~n w part thereof, un!ess in the for~n and with the loss payab~e as aforesaid; and in the event any sun ~ of money becomes psyabte ~nde~ sucfi policy or poLcies said MORTGAGEE shall have ~he apr~on to receive and appty the seme on accoum of ~he indzb~ed • ness secured he~eby w?o pe~m~t sa~d MORTGAGORS to rece~ve and use it w any pan ihe:eof ior o:~c. purposrs, .•.~~ho~t ~h,~. u~ w.:~.~ ~7 c~ ~~+~p.:~~ ~ng •ny equ~ry, ~ien w ri9ht under a by virwe of this mo:egage; and in the event aa~d A10RTGAGORS shatl Sor any reason lsil to kaep the sa~d prem~s~s so ,nsured, w fail lo deliver p~omptly any of said pol~cies oF insurance to sa~d MORiGAGEE, or fail promptly to pay fu~ly any pren~iu~n therefor o~ a~y rosped fail io perfwm, d~scharge, execute, effect, completr, comply wi~h and abide by th~a covenant, w any parf hereof, said MURTGAGEE may piace a:~d pay for iuch insurance or eny part thereof w~~hout wsiv~ng a affec~iny any opnon, Gen, equ~ty, or ngM under w by v~rtue of th~s Mortgage, ~nd ~he ` futl amount of each and e.ery such paymem shall be immediately due and payable snd shall bear in~erest from ~he date ihereof uniil paid af the ra~e ol `-.i- ~~~,e per centum per annum and to~rthar wdA such interest shali be src~red by the lien of this mortgage. 1, To permit, commit a suffer no waste, impairmeM or dtterioratio~ of said Fcoperty w any part thereof. S. To pay all and singular the costs, tharges and expenses, i~cluding a reasonable atrorney's fee and costs of abstracts of tille, incurred or paid at eny time by said MORTGAG'.E, beceuse w in the event of the fa~lvre on tha part of the said MORTGAGOR to duly, prornptty and fully perfam, d~acharge. ~xrcute, effect, compiete, comply w~th and ab:de by each and every the st~pvlai~ons, ag~een,ents, conditions, and covenants oi said promissory note and ~h~i ~~orrgage any or ei~he~, and sa~d costs, chargcs and expenses, each and every, ahali be immediately due and payab~e; wherher or not there be not~ce dr n,and, atrempt to collect w suit pend~ng; and the ful! amount of each end every such paymenf shall bea~ imeres~ from the date thereof until paid at th~ r,~re o~ n~ne per centum per an~~u:n; and all said costs, charges and exptnses incurred or paid, together wdh such intereat, shall be secured by the lien of th~s mortyaga 6. That (a) in the evenf of any Ixeach of this Mortgage or defsul~ on the part of the MORTGAGOR, or (b) in the event a~y oF sa~d sums of money hrrein referred to be not prompNy and fully paid within thaty (30) days next aiter ~he same seveia:ty become due and payable, without demand or ooNce, or (c) in the event each and every the stipuiations, agreements, cond~t~o~s and covenants of sa d promissory note and th~s mo~tgage any or either are not i~!y, promptly and fully performed, d:schar9ed, executed, effected, completed, compf~ed wieh and ab~ded Sy, then in e:ther w any such event the sa~d ag ~regate sum mentioned in sa~d promisswy note then remai~ing un~aid, with interest accrued, and atl moneys secured hereby, shall become due and pay- ab,e forthwith, a thereafter, at the option of said MORiGAGEE, as fully and completety as ii all of the said sums oi money were or~ginally st~pulated ro be pa~d on such day, anything in sa:d promisswy note or in th~s Mortgage io ~he comrary ~otw~thstanding; and there~port or Ihereaf~er at rhe op~~on of s~:d MORTGAGEE, without no~ice or demand, suit at law or in equity, therefore or thereaher begun, may be prosecuted as if all moneys sr.ured hereby , , . . r- r.,d mawred pnw to ~ts insntuuon. • ~l t .t~ : - _ - _ , 7. That in the event that at the bcginning of or at any time pending any su~t ~pon th~ jdo(jp~ge, a to fp~o~e if, or to reform it, or to enforce cryment o~ any claims he~eunder, sa~d MORTGAGEE shali apply to the Cour~ having jur~sd~ctior~the~ol ~f ¢a~~sp{~vinUnent oi a Recei er, such Court shall fc;rhwiih appo~nt a receiver of said mortgaged property ail and sing~lar, indud,ng ail and singu{~r the intom ;`ptofit3,~{ildes ai+d rl~~ues from whate~er se:,rce de~ivcd, each and every of wh:ch, it being expressty undentood, is hereby morrgaged a~ ~f speulically sd1~fAA/~1i~1 d~ui11l~'in the granting a~d h;~nd~m cla~ses hereof, and such Receiver shatl have aIl the broad and eif¢aive funct.ons and powers in anyw~se entrusted by a Cou~t to a Receiver, and i r_ch appointment sha? be made by such Cour~ as an admitted equity and a matter of absolute nght to said MORTGAGEE, and wi~hout re~erence to the ~ adequacy or inadequacy of the value of 1he property mongaged or to the so~vency or ~nsoivency o1 said MORTGAGOR o~ the defendants, and that s~ch re~~s, profin, incane, issues ar.d revenues :hall be appi~ed by such Rece:ver accord~ng to ihe lien w equ~ty of said MORTGAGEE and the practice of such CouA. 8. To duly, promptly arwi fully perform, discha~ge, execute, eff~ct, compiete, comply with and abide by each and every the stipulations, agreements, ;onditions and covenants in sa~d promissory note and th~s mortgage set forth_ 9. That in the event the ownership of the mortgaged premises, or any part thereof, betomes vested in a person other than the MORTGAGOR, the h:pRTGAGEE, its successws and ass~gns, may, w~rhovt notice to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage and the debl hereby secured in the same manner as with Mlortgagor without in any way vit;atirg oa dixharging the Mortgagors' liability here ~nder a upon the debt Aereby secvred. No sale of the Fremises hereby mortgaged and no forbearance on the par~ of the MORiGAGEE or its successors or assigns and no extension of the time fw tiee payment of the debt hereby secured given by the 1V~ORTGAGEE or its successas or aui9ns, shali operate ~ io relea:e, d~scharge, modify change or affect the crig~nal liao~{ity of the MORTGAGOR herein, either in whole or in part. ' i 10. It is speuficaliy agr~d that time is of the essence of this contract and that no waiver of any ob!igat~on hereunder or of the obligation se- cured fxreby shaU at any time thereafter be held to be a waiver of the terms hereoi or of the instrument secured herby. i 11. In aod,tEo~ ~o the forego"ng month!y payments of princ pat and inrerest requ~rrd by the prom~swry no!e srcured hereby, morrgagor covenams ` ~~d agrees to pay to mortgagee wirh each monrhly pay~,~ent an add~~ional sum es~~mated by mortgagee to be equal to 1;' 12 of the annual cost of the ioilow- E ~ ~ ~ A-All real property taxes ~evied a assesserl against the above described real esrate. B-Prem~ums on fite and windstorm ~nsurar.ce as herein requ~red fo be tarried on Ihe ~mproveme~ts situate on the above d:scribed premises. i ~ C-Premiums on wch mortgage guaranty ir.surar~ce as mortgaoee shail f.om t:me to time deem fit to carry on the ioan secured hereby. = Mortgagee shail from time to time ~oriiy mortgagor in writing of the amou~t due and payabie hereundrr and such su~n shall thereupon be due and : a,able on the due date of rhe next monthly payment and each successive month thereaft~r ur,fit mortgagee shall not~fy mongagor of a change in such ~ ~-ounr. Such sums sha~l be applied by mortgagee towa~d the payment o( real property taxes, insurance prem:ums, a~~d mortgage guarenfy ins~rance ~ :~•emiums. ~ IN WITNESS YiHEREOF, the said MORTGAGOR has hereunto set his har.d and seal the day and year irst aforesaid. ~ ig ,$ealed and deliv in the prexnce of: ~ , ' al) _ Susan Nazellief, " single dul~,q ~ - - (Sesq ~ ~ - (Seaq ~ ~ ~TATE OF FLORIDA ~ - ~ ~OUI~TY Of St • Id1C~@ 1 ~ s~ra~ ~~.,~~au,, appeared Susan Hazellief, a single adult ~ ~ Fj(~p~ to me well known and known to me to bs ~ the individual~ described in and who e~cecuted the foregoing instrument, and acknowledged before me that l~+e~ executed the same fw the purposes ° therein expressed. And the taid ~ • - i w~fe of ~he said - i - WITNESS my hand a~d official seal this ~ ~ t day of Feb S A, p. 19~ Notary Public in and for 5 ate of Fbiids. af-larye + My Commission expires: .y ~ # Return To: ~ O x • ~1 ~ ~ 1 , First federal $avingf a loan Association ~ _ JS'' ~ . ~ ' ' Of Fort P.er[e. = Fo~r V~erce. Florida FILEO AND i~ECO1l0Ep - =T. LUCIE COUi1TY ftA. ROCEF PO~TRAS ~5 CLENK CtACUIT COURT ~ RECORD VERIFIEC~ ~ This Instrument Prepared By Richard K. Kaye9 p First Federal Savings 8 loan Association fEe'~ 2 is { N~~Z Y: - ' of Fort Pierce ~ FlOr'id8 N~ Checked By ~~Afl ' ~v ~i:f ~oox~~ ~~'~0 - ~ ~