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Home My WebLink About1951 ~ ' ~ R ' J. To place and conrinuo~sly kcep on the bu~:~~~gs now o? hereafter s~tuate on sscd land and an a!t equipmem snd persona~~y covered by +h~s mo~ sge, w;th ail p:emi~ms ~hercon pa~d m fuil, f~~e ins~rance ~n ~he usuai srandard po'icy form, in a s,.m appro~ed by +he MOR~vAGEE, ar:d wu~dsto fnsuronce in ihe usual ~renda.d pot.cy form, in a wm appro~ed by ihe MJRTGAGEE, in such company or cempan~es as the hlORivAGEE m d~rect; and aU firo and w~nds~orm insurance polic~es on any of sa~d buitd~ngs, any interen~ therein o~ part thNrcoF, in the agg~eqa~e sum sforesa~d in eaceu ~hereof, shall :ontain rhe us~al standard moirgagee c~ause or such othe~ clause as fhe Mortgagee may req~~~e, making the ~oss ~~+de~ sa.d po ues, each and everY. psYab'e to said n10RTGAGEE as ~ts interest may appear, and each and every auch po!!cy ~hall be promptty ass gned and de.~.~rrrd ~ any held by sa~d MORiGAGEE as twrher security to aaid mortgage drbt, and, no~ ~ess than ten (103 days in advance of the exp~~at~on ot each po:~cy, to d. GYer to sa~d A10RiGAGEE a renewai thereof, toge~her w~~h a rece~pt for Ihe pramium ot such rene~al; and there ahall be no i~re o~ windstam insuranc p~ated on any o1 sa~d bvi!d~ngs, any interest there+~ w pait thereof, un;ess in the form and w~th the lo:s payable as aforesaid; and ~n the evem a~~y sun of mpney becomLy payable under iuch policy or pol,cies said MORTGAGEE sha11 have the op~~on to recrive a~~d apNly the same o~ acco~nt o( ~he indac~rd ness sccured he~eby o. ~o permit sa~d MORTGAGORS ro receive and use it or any pa~r ~he eof for o~ncr CurFOSei, v.:th~.:t th:~. ~7 c~ ~ng any ~qu~fy, lien w right unde~ or by virtue of this mor'gage; and in dx eveM sa:d MORTGAGORS shall for any reason ia~l ~o keep ~he sa~d p.em~sas so insured, or fail to de;iver p~omptiy any of said politiei of insurante to sa~d MORTGAGEE, a fai( promptly to pay fuily any pre+»wm therefor o~ in a~y reapecf fa~t to prrform, d~scharge, execute, effeu, complete, comply wifh and ab~de by th~s covenan+, a any parr hrreoi, said MGRTG:+GEE may p~ace a~o pay iw tuch insurance or •ny part thereof w~thout waiving or affecting any opt~on, lien, equ+ty, or r:~ht under or by virtue o4 this Mortgage, and thc full amount of each a~d every suth paymem shall ~e immediately d~e and payable and shall bear interest from the date thercoi until pa~d at the rau o1 n~ne per cenwm per annum and to~ethrr wrth such inte~est shau be srcured by the Iien of thh mwtgage. 1. To permit, commit or suffer no waste, impairrr~ent ot deterioration of said property ot any part thereof. S. To pey all and iingular the costs, charges and expenses, including a reasonable atrwney's fee and cosrs of abstracts of titte, incurred or paid at any time by sa~d MORTGAG'.E, because or in the event of the fa~iure on th? pa~t of the said MORTGAGOR to d~ly, promptly and fv11y perform, d~scherge >:ecvte, effect, complete, tomply w~th and ab:de by each and every thc sripoiauons, agreements, condinons, and covenanrs o{ sa~d pro:~~ssory note and ~h~s :~ortgage any or e~~her, and sa;d costs, charges and e:penses, each and every, shall be immed~afety due and payabfe: whether or not there be nonce da ~nand, attempt to co~iect o? suit pend~ng; and the ful! amount of each and every such paymem shall bea. iroerest from the date thereo4 until pa~d at the •~re o+ nine per cen;um per snncrn; and ail sa~d cosrs, cha~ges a~d e~~rnse: incurred or paid, together wnh scch interest, shall be secured by the iien of this mortgage. 6. That (s) in the event of any breach of this Mortgage or default on tF~ part of the MORTGAGOR, or (b) in the event any of sa:d svms of money herein referred to be not promptly and fulfy paid wi~hin th~rty ~301 days ~ext a~r~~ the same severa!!y become due and payaUte, wi~~out demand or notice, or (t) in the event eacA and every the stipulatwns, agreements, condrtyons and covenanta of sa:d promissory note and th~s mortgage any w ei?her are nof ~~ly, promptly and fully periormed, d.scharged, executed, effected, compteted, compl~ed vv~th and abidad Sy, then in ei~ner or any such event the sa~d ag g•egate sum mentioned in said promissory nore then remaining unpa~d, wi~h inrere>t accrved, and au moneys secured hereby, shall become due and pay ae e fonhw~th, w tFeereafrer, at ~he cp~~on cf s~id MORTGAGEE, as tully ard comp!e:e!y as ii al: o~ the said surns of q:o4ey w•ere o~~ginaily supu:ated to be pa;d on such day, any~hing in sa.d prom~ssery note or in thia Mortgage to the convary no~,~v~thstand:ng; and thereupon or thereafte~ a~ the opt~on of s3:d MORTGAGEE, without not~ce or demand, su~t at law or in equ~ty, therefore or the~eaf~er begun, may be prosecuted as if all moneys secured hereby r.ad matured pr~or to rts ~natitution. 7. That in the event that at the beg~nning of or at any time pending any suit vpon th~s Mortgage, or to fweclose it, or to reform it, or to enforce Fayme~t of any daims hereunde~, said MORTGAGFE shat~ apply to the Coun havirg ~~rnd,cron the+eof for the appomtmem of a Receive~, such Court shaii Fc~fhwith appoim a.eceiver of said mortgaged property al~ and singular, inciud ng al~ and a~nguiar the i~come, p~of~ts, issues and revenues from whatever s:urce derived, each and every of wh,th, ~t be~ng eapress~y undereroed, is hereoy morfgaged as ~f speuf~caiiy set forth and described in the graming and !,acendum c!auses hereof, and such Receiver sfial{ have att the br~ad and effeaive funct.ons and powers in anywne entrusted by a Cw.t to a Recri~er, and s_ch appointment shall be made by such Court as an admirred equ~ty and a matter oi absafure nght to sa~d MORTvAGEE, and w~shout reference to ~he adequacy o~ inadequacy of the value of the property mongaged or to the so.vency or ~nso,veocy ol said MOAiGAGOR or the defendants, and that such re~ts, profits, inco.ne, ~ssues and revenues shali be appiied by such Receiver accord~ng to the lien w eq~ity of said MORTGAGEE and the practice of such Court. 6. To duty, promptty and fuily perform, discharge, execute, effect, complete, compty w~th and abide by each ard every the stipulations, agreemenls, :ond~tions and covenams m sa~d promisaory note and ih;s mortgagr set fo~rh. 9. That in the event rhe owne.ship of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the 4'.OR7GAGEE, its svccessors and ass~gns, may, wlrhovt not~ce to the tdORTGApR, deat with such successor o+ successor in interesf with reference to th~s r-o•tgage and the debt hereby secured in the same manner as with ~Aortgagor w~thout in any way vit:ating or d~scha~ging the Nlortqago~s' liabitity here- un3er or upon the debt hereoy secured. No sale of the Frem~ses hcreby mo~tgaged and no fo:oearance on the part of the IdORTGAGEE or its successors e~ ass~gns and no exrens~on of the t~rne for the payment of the debf hereby secured g~vert by the MORTGAGEE or its successws or ass:gns, shall operate to reteau, d~scharge, mod~fy change or affect the orig~nal liao,l~ty of ~he M,ORIGAGOR here~n, either in whote or in part_ 10. It is speuficatly agreed rhat ti.ne is of the esunce of this contract and that no waiver of any ob'~gat~on hereunder or of the obligation se- ~ cu~ed hereby shal~ ai any time thereaffer be he;d to be a wa~ver of the terms hereof w of the instrumem secured herby. ; 11. In add.tio~ to the forego ng month!y paym~nts of p~inc paI and i~tere3t req~~red by the prom"sscry nae secured hereby, mortgagor covenants ±~d agr~es to pay to rio•tgagee w~th each mon!h:y pa~r :ent an add.~~cnat sum est:n,ared by mortgjgee to be eq~ai to i. 12 of the annual cost of the foliow- ` ~ ~ ,n~: ~ A-All real properry tax~s le•ne~ o+ assessed ag3i•,st the above desu~bed real esta~e. y B-Premiums on fire and windsror~n msurarce as here~n req~;red to be ca.ried on the (mproveme~ts situate on the above d=scr~bed premises_ ~ C-Premwms o~ such monyj9e guaranty icwrar,ce ts mortgagee shall from tme ro time deem fit to tarry on the loan secured hereby. i Mo•tgagee stia:i from r~:ne to tbme nonfy mortgagor in w.~t~ng of the arr.ovnt d.,e a~d payabfe hereunder and such surn shail thereupon be due and ~ r~yable on the d~e date of ~he nert month:y payment and each successive month thereaft~r uoril mortgagee sfiail not~fy mor;gagor of a change in such 3 ~ o~nt. Such sums s~a,i be app::ed by mortgagee toward the payme~t of real propeny taxes, ins~rance prem,ums, a~~d mortgage guaranty insurance o•emi~mf_ ~ ~ IN Y/ITNESS 'NHEREOF, sa~d ORTGAGOR has hereu~to set his hard and seal the day arxl ar first afore ~ g , Sealed nd de ver in e resence o . q ~ ~ O ~ ~ Seal) ; Z10 1• 15~_ 1 ~ - (Seal) ' 0~~1~1S~Q1 ~ i5es1) k (Ses~ ~ S?ATE OF FLORIDA ~ ~ COUNTY OF $L • I•UC lE' ' SS. fi ~ Before me perwnally appeared _ :~2?r10 DiGuiseppi ~ Rose DiGuis i ' ~p his wife, to me well 'known and known to me to be ~ rhe individuals dexribed in and who executed the foregoing instrument, and acknowledged before me that they exec~ted the same fw the purpoxs the•ei~ expressed. And the said pose D1~111Sff~p1 ~ ++~fe of the u~d Mario Ql~lllS~p2 , upon s scparate and privste ~ e~am~nat:on by me taKen separate and apart from he~ said husband, acknowledged to and before me that she exetuted uid instrumeM_ f~etly ~nd votun- ~ raniy and w~thout any compuision, constraint, apprehen iq~ or fear of or f~om her uid husband. , . ~ y WITNESS my hand and offiual seal this_ day of ~ (S, ~q• 7?• - -i ~ ~ \ ~ Notary ub~ic in and for t Sta of ~lp?ida. if' L ipe - My Commission expires: ~ 'Q ~i a~,~~~ To: ~ ~ `1 ~ J';. ~ Firs? Federal Savings 3 loan Association 2_~] _ 7~5~ - . ' Of Fort P erce. ~ . Fon P1erce, Hor~da ~ ~ FIlEO ANO itEC41l0E~ ~ ST.1t1C1E COUNTY FL = ROCER PO~TRAS \ ' CLERK C~RCU?T COURT RECORD•vEq~F~EO ~ - This Instrument Prepared By JOhn W~ COllinS ? First Federal Savings 8 Loan Association fEe11~ 2 16 PM ~ 1~ ' of Fort Pierce , Florida h~QC ~ " Checked By - ~J~ ~ 6Q~K~t7t~ tACE~~ ~ - . ~ _ - - ~