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Home My WebLink About1797 3. To place and cont~n~oasly keep on the bv~'.dngs now or herrafter srtuate on sa~d ~and and on all eq~~pmrnt and peisonslly to~ered by this mor s~e, wdth ~II prem~ums ~hereon pa.d ~n full, f~re insurance in ~hs u:uat sre~xla~d po:~cy form, in a sum appro+ed by thr MOR~i,AvEi, and w~~~ds~o inwrance in the us~al standaid pot,ty form, in a sum approvad by the MORTGAGEE, in such tompany or compan~es as the h10RTvAG:E m d~~ect; and all fire and w~ndsrorrp insurance polk~es on any of sa~d bu~ld~ogs, any interest therein o~ part ~hereof, i~ the ayg~rya~e wm atorrsa~d in exceu the~eof, shal~ contain the usual ~~a~~daid mor~gagee clause o~ such o~her c~euse ai the Mortgagee may rrqu:rs, making rne ~oss ~~xirr s~~d po c~es, each and every, payable to said MORiGAGEE as ~ts inta~esl may appear, a~+d each and eve~y such pot~cy shail be prompily ass yned a~~d de:~.~rrd any held by u~d h10RTGAGEE as (urther sewrity to said mor~gage debt, a~~d. not less than ten (10) days in ad~ance oi the exp~rat~on of rech pot~cy, ~o d. - Gve? to said MORTGAGEE a~mewal thereof, togetha~ wi~h a rete~pt tor the prcm~um o( such renewal; a~d there ahail be no Y~e o~ w~nds~o~m insuranc placed on any of said buildings, any interest therom w part thueof, unlesa in the iorm and w~th the lo:s payabte as aforesa~d; and in the e~•ent a~~y w~ of rrwney becomes payable unJe~ such policy a poGcies said MORIGAGEE shall have rhe opt~on to ~eceive and apply the sa~ne on account of the ind~•br~~d , ness setured hereby w to permA iaid MORTGAGORS to receive and use it pr any part the:coi 10~ ori,rr purFOies, .•~:~hout th~~..~: .v:.~r~~~ cr ~•+•p..~r ~~g any equ~ty, lirn w right under o~ by virtue of this mo:'gage; and in Ihe eveN sa~d MORTGAGORS shalt fo~ any reason fail to kaep the sa;d prem~s;s so ins~red, w fail to deliver prompfly any of sa~d poLc~es of inwrance to sa~d MORTGAGEE, o~ fad promptly fo pay fully any pre~~u.,m ~hrr~for or in a~:y respect fail to perform, d~scharge, execute, effec?, completr, co~nply wiih and ab~de by this corenant, o~ any part haroof, sa~d MGRi~AGEE ~nay µ~ace a~a pay for such inwrance or any part thereof w~thout waivl~ or affeaing any opt~on, lien, equ~ty, or nght under or by v~rt~e of fh;s Mortgagr, and tAc iull amount of each and every such payment shall be immediately due and payable and shall bear interest from the date thereof unt~l p.,id at the rote ol • nine pe? centum pe~ annum and to~rthr~ wlth suth intares? sha~i be s:wred by the lien oi this mortgage. ~ 1. To permit, commit or suffer no waste, i~npairment w deter:orat:on of said property w any part thereof. 5. To pay all and singula? ~he tosts, charges and expenses, including a reasonable attorney's fee and costs of abstracts of titte, inc~rred or pa~d at any time by sa~d MORTGAGfE, bccause a in the evenf of the failure on the part of the said MORiGAGOR to duty, promptly and fvily pertorm, d~schafge. execute, effec~, complete, comply w~th and ab:de by each and rvery the st~pulanons, agreements, cond~nons, and covena~us ef sa~d prom;;sory note a~~d ~h;s ~~ortgage any or e~ther, and sa:d costs, charges and eapenses, each and every, shall be immed~ately due and payabte; whether o~ not ~here be nof~ce d~ mand, attempt to collect or suit pend~ng; and the ful~ amount of each and e~ery such payment shall bear in~erest from the daro the~eof ~nfil Fa~d at ~he r,ete o~ nine per cent~m prr annurn; anc' aU sa~d coars, charges and expenses inc~rred a paFd, ~ogether w~~h such intuest, shall be secured by the i~en of th~f mortgage. b. Thaf (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, or {b) in the event any oE sa:d sums of money herein referred to be not promptly and fully paid wehin thuty (30) days rcexi afier the same se~eratly ~ecome due and payable, w~~how dernand o~ no~~ce, or (c) in the event each and every the stipulations, agreements. cond~~~ons and covenants of sa.d promiswry nme and th~s mo~tgaqe any w either are nof ~uly, promptly and fully perfwmed, d~scharged, executed, effected, completed, compLed with and ab~ded `iy, then in e+ther or any such event the said ag- gregate sum mentioned in saed promissory nore then remaining unpaid, with interest accr~ed, and a~l moneys secured hereby, shall become d~e and pay able forthwith, or ~hereafter, at the option of said MORTGAGEE, as fully and completely as if aIl of ti~e said sums of money were or~g~natly s~~pu:ated ro be paid on wch day, any~heng in sa.d prom~ssay note cr in ~his Mortgage to the conrrary nolwithstanding; and thereupon w tFKreafte~ at the opt~an of sa;d MORTGAGEE, w~thout norice or demand, suit at taw w in equity, therefore or thereaiter begun, may be prosecuted as if al! moneys secured hereby n.~d matured pr~w to its institution. 7. That in the event that at the beginning of w at any time pending any suit upo~ this Mortgage, w to foreclose it, or to reform it, or fo enforce payment of any daims hereunder, said MORTGAGEE shalt apply to the Court having ~urnd.cf:on ~hereof (or the appointment of a Receive~, such Coun shaii forthwith appoint a receiver of said mortgaged {xoperty alt and s;ngutar, indud~ng ail and s~ngular the income, proflts, +ssues and reven~es from wh~te~er sour~e derived, each and every of wh~ch, it be~ng expressty unde~stood, is hereby morrgaged as if spec~(icaily set forth and deacribed in the g~an~ing and habendum clauses hereof, and such Receiver shall have all the broad and effectrve f~rtct,ons and powen in anywise entr~sted by a Cou~t to a Receiver, and s.ch appointmem sfiail be made by such Court as an adm~trzd equity ar.d a mane~ of absolute r~ght to said MORTGAGEE, and w~d~ou~ refcrence to the aci•_quaq o~ inadequacy of the vatue of the property mongagcd or to the so~vency or insaivency oi said AIIORIGAGOR u the defendants, and rhat such r.~nrs, profits, inco.ne, iuues and revenues shafl be appl~ed by such Receiver accord~ng to tne lien a equity of sa;d MORTGAGEE and the pract~ce of such Court. 8. To duly, promptly and fulfy perform, discharge, execute, effect, complete, comply wirh and abide by each and every the stipufations, agreemenls, conditions and cove~anrs in :a~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a perwn other than the MORTGAGOR, the ~ti'.ORTGAG~E, its successors and ass~gns, may, without notice to the MORTGAOR, deal w~th such succe:sor w wccessa in interes~ wi~h reference to this n~ortgage and the deb~ he~eby sxured in the same manner as with Mortgagor witho~t in any way vit;ating or d~scharging the l~Aorrgagori liabuity her~ ~nder w ~pon the debt he~eby secured. No sale of the premises hereby mortgaged aed no forbearance on the part of ~he /dOR1GAGEE w its successors er assigns and no exrension of the time for the payment of the debt hereby sec~red given by the MORTGAGEE or its successws or ass~9ns, a1~a11 operate to release, d~scharge, modify change or affect the orig~nal liab~l~ty of the MORiGAGOR herein, either in whole w in part. 10. If is spec~ficatly ag~eed that time is of the esunce of this contract and that no waiver of any obligat~on hereunder o? of the obligation sr cvred hereby shali at any time thereatter be held to be a waiver of the terms hereof or of the instrument secur~ herby. 11. In add:tio~ to the forego"ng month!y payments of princ pal and interest required by the prom~szory no!e secured hereby, murtgagor covenants a~~d agr~es to pay ro mortgagee ~nith each monthiy payrnent an add~rlonal sum est~n~ared by morrgagee to be equal to 1, 12 of the annuat cost of the foliow- :~,3: A-AII real property ta:es levi~~ or assessed against thc aoove desvi~ed real estate. B-Prrm~ums on fire and windsrorm ~nsu.ar.ce as her<~n requ;red to be ca:ried en the imrrovemeits s~tuate on the above dssn~bed premises. C-Premi~ms on wch m.ortgage gua~anty ir.surar,ce as mortgagee shail from t me ta ti~ne deern fit to carry on the loan sec~red hereby. ? ~ Mortgagee shail from r~me to t~me notify mortgagor in writing of the amouM due and payable hereundrr and such sum sha!I thereupon be due and ~ syabte on the due date of ~he ~~ext monrh!y payment and each success;ve month tF,ereaftcr ur.ri! mortgagee shall not~fy mortgagor of a change Pn such ` >•~ount. Such sums stiail be app!ied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ o~emivms. ! IN WITNESS Y~HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and yea ~rst fwesaid. ~ ~ s igned. $e nd elivered i J ,p~Qf: r ~ al) ~ WftIIA88: a~ t ~ [~d~-H d'L ~ (Seap - Witness: V inia C. 8atehakis cs~ao ~ = SiATE Of FLORIDA ~ : ~ ~ COUNTY OF ~'rd' ~ I a f Before me perwnally appeared Sonhoeles Katehakis and ~ 0 rg~~ C• ~~~~3 his wife, to me well known and known to me to be ~ the individuals desuibed in and who executed the fwegoing instrur?Knt, and acknowtedged before me that they executed the same Sor the purposes therein expressed. /~r+d rhe said 0~.2`g~T1~8 L'. Ratehakis ~ wife of the said - Sd~3j'IOCl@3 ~St.6t13.~C~.3 , upon s separate and p~ivate ,3 e¦aminat~on by me taken xparate and apart from her said husband, acknowledged to and before me that she ezecuted said instrument freely and votuo- ~ rar~iy and without any compulsion, constraint, apprehension, or_f~ar of w from her said husband. WITNESS my hand and official seal this_ ~ d day of h A. D. 14~'~ 4 ` 3 °z otary Public in and {or the State of Fbrida at large - y Comm~ssion expires: ~i Return To: Nq{~ry Publjc. Sble oI Rorid~ at Luq~ ~ First Federal Savings S loan Association Of Fort P,erce. ~•~•m:ss~oo Exp'ves 11~.. 6. 1915 } - k¦~ed ir AM~:.cti i.r~ a Gf.d1~ Co. fort Pierce. Florida - • FILEO aN0 ~ECOR~ED This Instrument Prepared By J. H. RobeTts Jr. . , ST.IUCiE COUNTY FLA. First Federal Savings 8 loan Association ~ ROCER 'r3~TRA5 ~ of Fort Pierce~ ~~~ds - CLERK C{ :C ~IT COURT ~ - _ RFCG~G ~EF.IFt_~....~~- . ` _ Checked By . , M~ 10 ~ ~ 0'j aM~~ Z q : - _ ~ 225820 ~ 5~Rf:zVV f~Gf 1~ _ ~ ~ ~ ~ _ _ _ . _ _ - ~ ~ : - ~ ' : ; r~ ~ ~ . i x,..~-~~ ti