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Home My WebLink About2184 3. To piace and continuoualy keep on the bu~'d~~t now w he~eafte~ ~~~~ate on sa~d land a~d on equ~p,~nent and persons~ly tovered by ?h~s mp egs, with ~II premivms thercon pa~d in (ull, fire insur~nce ~n the uwal standard yoi~cy form, in a ~um app~oved bt thr MOR~taAGEE, a~d wu~dato ~nsursnte in the uiual s~andard pof.cy fwm, in • sum approved by the JNORTGAGEE, in such compeny or compan:ea a• th~ MORTGAGEE m direct; ~nd •li }irs and wind3torm infvronce po!icir~ on a~y of said build:ngs, any interest therein ot pa~l Ihereof, in the agqregare tum aforesa~d in excess thereoi, shall con?ain the usual at~ndard mortgagee clause w such o~he~ c~ause as the Mo~tgegee may ~cqu~re, making tl» loss u~der se~d po j cies, eath and every, payab~e ro said MORTGAGEE at it~ interest may ~ppes~, rnd each and every such poi~cy sfia~l be promptiy ats gned and de~~~ered ~ ~ any heW by ~a~d MOR(GAGEE ai (urther tetwity to said mwtgage deb1, and, not ~eu than ~en 1101 days in ad~ance of ~he exp~~enon of each poi~cy, to d. I~ver to ia~d MORTGAGEE s renewal fh:reof, ~oy~e~her wi~h a rece~p~ for the prem~~m oi svch renewal; and there shail be no f~re a~ windsto+m inswaoc pleced on ~ny of saEd buildinqs, any intuest the~ein a par~ thereof, un~ess in thr (o~m and wr.h ihe los~ payab!e as aloresa~d; and in ~he event any wn j of money becomes payab!e vnder s~ch policy w poGcies iaid MORTGAGEE shall have ~he opt,on to ~eca~vr ar,d app!y tbe same on account o1 the i~xlebtrd ~ nrss setured hereby or to perm~t sa~d MORTGAGORS to retrive and use it w any pa~t th~~rof tcr o:~~••r pw.c+0ers, v,~mo,:t th•~~ o; ~r,~.~ y or ~:nps~~ i ing any ~qu~ry, lien or right undcr w by virtue of this mo:tga9e; and in 1F?e event sa.d MO~TGAGORS shaR 4or any reason fail to keep the sa~d premisrs so ~nsured, or fail to drliver promptly any of said pol~urs ol insurance ro sa~d MORTGAGEE, w p~omptly to pay fu:ly any pre~~~w:n thc~efo~ a in a~Y re~pect lail to pe~(am, d~acharge, execute, ef(eu, complete, comply with and ab~de by th~s covznant, a any pan hrreo(, sa~d MORiGAGEE may p~ace a•+tl pay Fw such insurance or any part thereol w~thov~ waivirg or affectinp a~y op~~or~, iien, eq~ny, w n~ht unde~ w b~ v~rtue of thta Mwegage, •nd ihe f~il amouro of each and every such paymeer ?hall be immed~atety due and payable and aha!I bear interrst from tha ds~e thereof until po~d a~ the rate of n~ne per cenwm per annwn and to~ether wnh fuch inte~est shali be srcured by the ~ien of this mortgage. 1. To permil, commit w suffer no waste, impairment w deterioratio~ of said property or any part there~f. S. To psy all and singulu Ihe costs, cMrges and expenses, includ~rn~ a reasonable a~ro.ney's tee snd costs of abstracts ot title, incurred or pa~d at ; any time by said MORTGAGEE, because a in the event of the (a~:ure on the paA of the said MORTGAGOR to duty, prornptly snd fuliy perform, d~stharge. ! ~¦ecu~e, e(fect, complrte, comply w~fh and ab:de by each ~nd every the st~pula+~oos, agreements, conditrons, and covcnants o1 sa~d prom~sw.y note and fh~s ,•orfgage a~y o~ e~ther, and sa~d costs, cMrges and expenses, exh and every, shall be immed~atety d~e and payable; wAether d no~ ~here be not~ce de mand, enempt to cotlect w fuif pend~ng; snd rhe full amount of each and e~e~y such payment shali bea~ inreres~ from the dafe fFxreof un~il pa~d at ~he r; re o~ nine per ce~tum per ann~:n; and ali said tosts, charges and ex~enses ~ncurred o~ paid, together w~th tuch interest, shall be secured by the I~en of th~~ mort~~g~. 6. Tha1 (a) in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, or (b) in fF+e event any o( ss~d su~+a of money herein ?eferred to be not prompHy and fully paid w'nhin th~rty (30) days nzxt atre~ the same severa:ly become due and payab!e, without demand or nouce, or (c) in ths event each and every ~he sripulattons, agreement~, cond]r~ons and covenants of sa.d promtsso.y nore a~+d th~s morrgage any or ei~her ae no~ i~ty, prpnptly and (ully perfwmed, d~xharged, execu~ed, effected, comp:ered, compl~ed with and ab~ded Sy, then in e~ther w any iuc?~ event the sa~d ~g greqste tum mentioned in said promisswy note then remaining unpaid, with inre~es~ accrued, and al1 nwneys setured hereby, shall bccome due and pay- aole fwthwith, or thereafter, at ~F+e opt~on of said MORTGAGEE, as fully and ccmpletely sa ii all of the said wms of money were or~g~naHy st:putated to be pa:d on such day, anything in sa.d promissory note w in this Matgage to ~he conrrary norwnhsrsndu~g; and thereupon or thereafter at tAe opuo~ of sa;d MORTGAGEE, without notice or demand, suit at law w in equity, therefore w thereaiter begu~, may be prosecuted as if ~II monryt secured hereby n,d m~t~red pnor to ~ts instifunoo. 7. That in the event that at the be9inn~ng of or at iny rime pend~ng any sutt upon th~s Mortgage. or to fweclou it, w to reform it, or to enforce i payment of any daims hereunder, said MORTGAGEE shall apply to the Cou.t hsving ~ur~sd.a~on thereof fo~ the appomtment of a Receiver, such Gourt shail : icrrhwi~h sppoint a receiver of said mortgaged property alI and aingutar, inctud,ng all and s~ngular ~he income, p~of~ts, isaues a~d revenues f~om whatever i s~~~rce derived, esch and every of wh~ch, if beir.q exprc4sly urlder3700d, if hereby mongaged as if spcaficaily xt fath and deunbed in the y~anting a~d , h36endvm clauses hereof, and such Receiver shall have a11 the broad and effecr~ve funct,ons and powers in anyw~se entrusted by a Co~rt to a Receiver, and s ch appointment shall be made by such Court aa an adm~~eed equity and a matrer of abso:ute right to sa~d MORTGAGEE, and wirhout reference to the adeq~acy o. inadequacy of the v~tue of ~he properry mwegaged or to rhe so~vency or msoi~ency o! sa~d MORTGAGOR or the defendants, and ~hat such renn, profits, incane, iswea and revenues ~hall be applied by such Rece~ver accord~ng to the lien w equity of uid MORiGAGEE and the p~actice of such Ccurt. 8. io duly, promptly and fully perform, d:scharge, execvte, effKt, compiete, comply w~rh snd abide by each and every the st~putations, agreements, ~ conditions and covenants in sa~d promissory ~ote and th~s mwtgage set fwth. 9. That in the event the a~rne~ship of the mortgaged premises, a any part thereof, becomes veated in a person other than the MORTGAGOR, Ihe ~'•ORTGAvEE, it~ successors and ass~gns, rcay, wi~hout notice to ~he MORTGAOR, deat weth such successw w succeasw in interes~ with reference to th~s ! mon9age and the tle61 hereby secured in the same manner as with Morrgagor w~thout in any way vit~ating or d~stharging the Mortgagori liability here- ~nder or upon the debt 1~ereby secured. No sale of the prem~ses hereby mortgaged a~d reo Forbeara~ce on the par~ of ~he MORTGAGEE or i!s succeswrs ~ o: aasigns and no extension of the Iime fa the payment of the debt hereby secured given by the MORiGAGEE or its successws or au+gna, a~wll ope~ata ro release, d~scharge, modify change w a(iect the o~ig~nal Iiab~Iuy of the MORiGAGOR herein, e~~her in whole w in part. ~ 10. It is spec~fically agreed that time is oi the essence of this contrad and tha~t no waiver of any obligat~on hereunder or of the obligatan sr E cured hereby shal~ at any time rhereafter be held to be a weive~ of fhe term~ hereof or of the ins~rument secured he~by. i ~ j I 1. In add;tio~ to the fo~ego.ng monthly paymems of princ pal and interest required by the prom~swry ~ore sewred hereb~, mortgagar covenanrs ~ -nd agrees to pay ~o mortgagee v.itA each mon~hly pay~nent an add~rional sum es+~mated by mor?yagre to be equaf to 1; 12 of the annual cost of the follow- ~ ~ ,,,g. i 5 A-AU real property ta:es lev~ed w assessed against thc above described real estare. ! ~ B-Pren:;ums on fire and w~ndstorm ~nsurar.ce as here~n requued ~o be carried on the improveme~ts s~tuate on the above described premises. ~ C-Prerr~iu~ns on svch mortgage guaranty insvra.~ce as mortgagee shalt from r~me to ti~ne deem fit to car~y on the loan secured hereby. = Mortgagee shall from time to time norify morfyagor m wr~~~ng of the amount due and payabte hereundrr and such sum shati there~pon be due snd ~ ; ayable on the due aare of the next month!y payment and each successive momh thereefl_r until mortgagee shalt notiFy mortgagor of a-change in such ~ ,<,ount. Such sums :hall be appGed by mortgagee ~oward the paymeni of real property taxes, ins~rance p~em:vms, and mortgag~ guaranty insuronce ~ ~ p~emiuml. ~ IN WITNE55 WHEREOF, the seid MORTGAGOR has hereunto set his hand and seal the day and year first afwcsaid. r ~ '9ned. Sealed and li ered in Ihe presence ofc ~ ~~~c- ~ •1) ~ _ . (Se~q ~ - cs~~n Dolores T. Ze2 r t~,,~ ~ SiATE OF FIORIDA ~ .Sti • IdIC ~@ ~ COUNTY OF ~ Before me penonally appeared ~111~1 ~.@ZZ@T~ Sl'. and { ~ _ ~ZOI'AS T. Zeller his wifc, to me well known and known to me to be ~ ~he individwls described in ~nd who eaccuted she foregoiny instrume~t, and ~cknowtedged befae me that they eaecuted the same for tlu purpose~ thereie txpreased_ And the ssid Dolores T• ~@~A2' • ~ ~,;r~ of ~n~ .~~d - FTilliaai Zeller~ Sr. ~~t,,"~.~;;~;~.,~ e¦aminat~on by me taken uparate and apart from her ssid husband, ~tkrawled9ed to and befwe me tMt she executed aid irrkl~~IM4~fCb~ka~ ~ •a~~Iy and w'.thout any compufsion, consrraint, apprehens'~on 1w~ f~~r of or from her ~sid hu?band. s''z~ ~ ~ WITNESS my hand and offic;el ual ~his_. ~ ;_1!_~~ day of F6b A. _p.~~-~4~ _ 1" . ~ _ Nota Public in a++d ( t `~f' aprida ~f ~ - My Comm~saan ~apires: ~ ~ ~ ? ~ - Retum To: O,"~~~ - _ 1~.~~ r firit Federal Saving• 8 loan Associat~on ~ f Of Fort P:erce. i•. / sll~ = Fort P~erce. F~oriJa ~ ~A. ~ f~r~'r~~~. e.~ ~E~ ~a~tR~s IIECOR~ YEi ~ c EO This Instrument Prepare d By R ic ha r d K. K s yes ~ lo ~ ? First Federal Savings 8 loan Association of Fort Pierce~ Flo2'id8 224025 Checked By ~ R 199 z~~ BOC!( P,1Gf ~ ~