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Home My WebLink About1795 3. To place and continuousty keep on the b~i'd~ngs now o~ hnreeirer s~tuate on ia~d land and en a~~ eq.,ip~nent and pe~sona~~y covered by th~s mo~ ege, with a!I prrm~ums Ihereon pad in fuil, f~re insurance ~n ihe usua! sta~~d.+rd po~~cy ierm, in a sum aHproved by tha MUR.v%.l'aE[, a~~d windato ~nturance in the usual ~tandard po: ty fonn, in a sum appro.ed by ~he MORiGAGEE, in suth company or compan,es as the !.`•ORTGAGEE ~n J~rrcr, a~d all (ire and w~ndswrm ~nwrance pot~c~rs on any of sa~d bu+'d.ngs. any inureit shere~n or pa~~ efiereof. in tF.e agg~egare sum afo~esa~d in excess ~he:eof, shall :oroain ~he usual uandarJ mortgagee uause o~ svch oThcr c~ause as the Mo~tgagee may requ.re, maMir.g the ioas under sa•d po aes, each and every, payab!e to aaid MORTGAGEE as ~ts interrst may eppear, and each and every auch po!~cy shait be promp~~y ass gnrd a~~d dr:~vr~rd ~ any held by sa~d I~10RlGAGEE as further sewr~iy to sa~d ~~~ongage drb~, and, not les~ than ten (10) days in advance oi the expirat~on ot eech po!~cy. to d~ ? i I~ver ~o sa~d MORTGAGEE a re~ewal thereof, toye~her wiih a rece~pt for the premium oi such renewa!; and there ahall be ~o i,re o~ wi~~dsw~m insuranc ~ placed on s~y of said bvi!d~ngs, any inrerest there~n or parr eharrol, un!rss in ihe fo~m and wi~h the ioss payab!e as aioresa~d; and in the e~rnt any sur. ~ of mo~ey becomes payable voder suth policy or poGc~es said MORTGAGEE shall have ~he opf.on to recrive and app!y the same on accouro of the indao~rd i ness sewred hcreby or ro perm~t aa~d MORTGAGORS to rece~ve a~~d use it a any part tr,e:ro! ior o:n.•r pur~:osrs, .•.nn,.n ~h,•. ~r .r.:~.~ i~ a~ ~^~p.:~~ ~ ~ng any ~qu~ry, Gen a right under or by virt~e of this mc~~gege; and in the event sa~d 1AOBTGAGORS shall for any reason fail to k~ap the sa~d prem~ses so # nsured, or fail to daGver promptly any of sa~d po~~ues of inswance to sa;d MORiGAGEE, or fa~l prompNy to pay fu~ly any pre~n~„m the~efor o~ in any ' respect fail to perform, d~stha~ge, execvtr, efietl, canp,eta, co~nply with and ab~de by thiS tovenant, or any par~ he~eof, sa~d MGRT~,:aGEE may piace a:e , i pey fw such insurenca or any part thereof w~thout waiv+ry or affe:ting any opt~on, Gen, equ~ty, or r~ght under or by vi.tue ot thi~ hlortgage, and thc tull amount o( each and e.ery such payment ~hall be immed+a~ely due and payable and shall brar interest from the date ~hereoF until paid ai the rate of n~ne per cenwm per ann~m and ro~eihrr with such int~:cst shau be sewred by tht lien of this mortgage. : 1. To ptrmi?, tommit or suffcr na waste, impairment ot detenoration of safd prope~ty o? any pa?/ ihereof. S. To pay ali and singuiar the costs, charqea and expenses, inctud~ng a reasonable atto~ney's fee and costs oF abstracts of title, incurred or paid at ~ny time by sa~d MORiGAG:E, because or in the event of the fa~lure on the part of the said MORTGAGOR to duty, p~omptly and f~ily perform, d~scharge _xecute, effect, complere, comp?y wuh and ab.de by each and every the st~pulaf~ons, agreements, cond~nons, and covenanrs of sa~d pro:r~issory note a~:d iFus ~,ortgage any o~ e~~her, and sa:d cosrs, charges and expenses, each and eve~y, shall be immed~ately due and payable; whe~her or not there be no~~ce d~ n,and, altempt to tollect or suit pend~ng; and the full a~nount of tach and every such paymero shall bea. interest from the date thereol until pa~d at tht ~.~ie o~ n~ne per cenwm par anr~wi; anc ail ia~d costs, charges and exper.ses ~ncurred or paid, together w~th such interest, shall be secured by the Grn of th;s mottgage. 6. That (a) in the event of any breach of this Alortgage or default on the part of the MORTGAGpR, w(b) in thr event any of sa;d sums of money herein referred ~o be not promptly and fuity pald within th,rty l30) days neat aiter the same severatly become due and payable, wi~ho~t demand or notice, or (c) in the eveM each and every the stipuiatio~s, ag.eements, cond~rio~s and covenants of sa d promissory note and th~s mortgage any or e~~her are nol ~uly, promptly and f~lly performed, d.scharged, executed, effected, completed, compl~ed wi~h and ab~ded Sy, then in either or any auch eveN the said ag- ~:egate sum mentioned in sa~d promissury nore then remaining unpa~d, with inrerest accrued, and all moneys xcu~ed hereby, shall become due and pay- ao:e (orthwith, or thereafter, at ~he opt~o~ ol sa~d MORTGAGEE, as (uily and comp:e~ely as i1 a~l of the sa~d sums of money were orgina~ly st~pu:aied ro be pald on such day, anything in sa.d prom~ssory oote or in th;s Morrgage to ihe conuary notw~thstand~ng; a~d thereupon or thereafter at tha opuon of sa.d MORTGAGEE, w~thout notice a demand, suit at law w in rqu~ty, therefore ot tAereaiter begun, may be prosecuted as if all moneys secured he~eby n.,d matured prior to ns institutwn. 7. That in tFro event Ihat at the beginn~ng of o? at any time pending any su~t uFon this Mortgage, or to forec(ose it, or to ~eform it, o. to enforce ~~3vment of any claims hercunder, said A~ORTGAGEE shaH apply to the Co~rt having ~ur~sd~ct~on thereof for the appointmero of s Receiver, such Court shail icrrhwirh appoint a rece~ver of said morfgagc~! property all and sirx3ular, includ,ng all and s~ngular fhe income, profds, iswes and reve~uas from whatever s~urce denved, each and every of which, it being expressly undersrood, is hereby mo~tgaged as if spec~ficaliy set futh and dexribed in the granting and 'r.suendvm cta~ses hereof, and such Receiver shali have all the broad and effecf;ve funcf.o~~s and powers in anywise entrusted by a Court to a Receiver~ and s, ch appointment shatl be made by svch Court as an admitted eq~~ty end a mauer of abso:ute righ~ to said MORTGAGEE, and wirhoW reference to the adequacy o? inadequacy of the value of the property matgaged or to fhe so:vency or insa~ency of said MORTGAGOR w the defendants, and thal such re^+s, profits, incane, iuues and revenues shall be appl~ed by such Recr~ver accord~~ig to the lien or eq~ity oi said MORTGAGEE and the practice of such { Cou?t. 8. To duly, promptly and fully perform, d~scharge, execute, effect, comp!ete, compiy w~th and abide by each and every the stipulations, agreements, conditions and covenants ~n sa~d promissory note and this mo~tgage set fwth. 9. That in the event the ownersh~p of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MQRTGAGOR, the ,^,RTGAGEE, its successws and ass~gns, may, wirhout not~ce to the h10RTvAOR, deal with such successw or successw in interest with reference to thia n o•igage and the debt hereby secured in the same manner as w~th Morrgagor w~thout in any way vit~ating or d~scha:ging 1he 1'Aortgagors' liability herr u^.3er o~ upon the debt hereby secured. No sa;e of the prem~ses hereby mortgaged ard no forbeaiance on the part of the MORTGAGEE w its successors c- assigns and no extension of the time for the payment of the debt hereby secvred given by the MORTGAGEE or its s~ccessws or ass:gns, a~~all operate ro reiease, d~scharge, modify change or affect the original IiabJfty of the NIORiGAGOR herein, either in whole or in part. 10. It is specificatly ag.eed that time is of the essence of this contract and that no waiver of any obligat~on hereunder er of the obligafion se- ' , c~red hereby shali at any time thereafter be held to be a waiver of the terms hereof or of the instrumeM :etu.ed herby. 11. In add.tio~ to the forego ng month:y paymenfs of prir~c pal and imeresf requ~red by the prom:sscry no!e secu~ed hereb~, morrga~or covenar,ts ~-d agrees to pay to mo-~gagee v.rth each monih~y payrnent an add~rional sum estmated b~ mortgager to be equal to 1. 12 of ihe annual cost of the fc,llow- A-AII real prope.ty taxrs le.ied or assessed agai~st th~ above desc.ibed real esrare. ~ ~ B-Prerr.iums on f~re and windsto~m ins~racce as he~e~n requ;red to be carr~ed on the ~m, roveme~ts s~tuate on the above desa;bed premises. ~ ~ C-Premiums on such mortgage gua~anty ir.surar,ce as mortgagee sha(I trom t me to time deem fit to carry o~ the loan setured hereby. { Mortgagee sha!! frcm n~.,e to time norify mortgagor ~n wrrt;ng of the amou~t due and Fayable hereunder and such surn shalt thereupon be due and ~ :.,rable on the due.aate of the neat month'y payment and each successive month the:eaft~r ur.tit mortgagee shall not;fy mortgagor of a change in su:h ~ _•.ount. Such sums shaii be appiied by mortgagee toward the payment of real property taxes, insurance prem,ums, a~id morTgage guaranty insurance ;~-emiums. ~ IN WITNESS :YHEREOF, the sa~d MORTGAGpR has hereunto set his hand and seal tFe day a ar first aforesaid. Signed, Seated and delivered in the presence of: ` ~ _ v ~ 'L (Seal) ~ ~ ~it~s4: ~~j',~.~' : .._.G ose Sciturro Individua~ and ~ °s stee cs~a~~ ~ . t ~ 211~ L ? ~ . - ° ,Cc .~n ~ .t . cseaq = ~ ri@ . C UTTO ~ 5 i ATE OF Michigan ~ ~ SS. s ~ ~OUNTYOf D4K/cL~+tl ~ 4 e~to.~ ~ personally appeared .T~;et~h ~T_ S~itLrro~ IncLividua]1y and as TTUStee and ~ Elaine I. Sciturro i - his w~fr, fo me well known end known to me to be ~ !he individuals described in and who executed the fwegoing instrumeM, snd acknowledged befwe me that they ezecuted the same fw the purposes ~ ~r±erein expressed. Arxl the said ~~i~ T~ ~C~.ttL1~rO wlfe of the said _~J~en}1 al .SCf~il12'TO --T--- • f - - _ upon a separate and privatQ _ ~.am~nation by me taken separate and apart from her said husband, ackrawledged to and before me that she executed uid instrument heely and vofun- rarJy a~ without any compuisan, constraint, apprehension, or fear of or from her uid husband. „ WITNESS my hand and offic~al seal this_ 14t'h day of ~~h A. D. 19 ?2 + 3 l! ~ -d NYtary Public in a P fot the ~ e~s~ arge M Commission ex vesc g - Retum To: ' Firat Federal 5avings 6 Loan Associaiion ~UC~-~C L~~OfF ~ ot Fort P,er~e. 2 ~"'~19 Noiary F..~;:_, ~,_'::.:r.d Cou~ty, Mieh. ; = fort Pierce. Florida I1Ar Omii115;~0:1 Expi~es Fr'D. ~3, 1973 F~~EO ~NO aECOROEO ST.IUCIE COUNTIf F~A. - - ' . _ This Instrument Prepared By WDi. E. B2`a RGCER PO?TNAS ~ - First Federa) Savings & Loan Association ~~EaK C1r.CJtT COURT ~ of Fort Pierce ~ F102'ida RECOPD VEkIF1E0..~~- ~ ~ Zo i~ o~ aH~7Z - ; : Checked By~_ ' _ . ~ t = 0 R - - ~ : '~t ~l~J~~ ~nl~~~~ ~ 13 ~ _ _ _ , _ , - ~ ~ ~ _ ; ~s,~:: x„~, _ 1 'x, - Y~ f ~ ~ _ _ Y - . . h ~ _ - ~Z +c°