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Home My WebLink About2423 3. To p~ace and continuously keep on ~he bu~idu:gs ~o.v or I~N:d•+f12! ~~iwte on sa~d land and on ~`f rq~ipmenl and persona~~y covered by ~his mor ege, w~th all premiv«~s thereon pa.d in fulf, f~.e insUranc-r ~n ~he ~wai sT~~~de~d No'~cy form. in a sum a~,proved by tha MORiG:.GEE, a:~d w~ndsto ~nsurante in ihe uwa) 3~andard po:.ty io~m, in a wm appro.vd by tht A1~>RT1;aAGEE, in Such to~npany ot Compan~es as the h'.ORiGAGEE m d~rect; and all (ire and w~ndstorm i~surance poGc~rs on any of s~~d t:,i:d.ngs, any intere~l therein or parl thereoi, m ti+e a99regate wm alo~esa~d irr eace~s thereof, shall :omain ~he us~al s~a~~d~rd moerg.~gre u~use or su:h o~her c!a~se as ~he Mor~yayee mey req~.ro, making ~he loss under sj~d po c~es, each and every, payabie ro sa~d MORTGAGEE as ~~s ~n~er~st may app.ar, a~~d eacn and evc~y svch po~~c~ shatl Ix promptly ass gned a~~d de:~vered ~ any held by sa~d MORIGAGEE as funhar secu~~ty ~o sa~d n,ongaye d~•L-r, a~~d, no~ less ~han ten (10) d3ys in ad:ance of the eap~ro~w~~ of rach pol~cy, to d. l~~e~ to said MORTGAGEE a renewal thereof, toge~her wifh a recr~vt for the prrmium ot such renea•ai; and ~h~re sha~l be no f~re or ~nindstorm ~nsuranc p!ated on any of sa~d b~i!d~ngs, any inte~e3t there~n or pa~~ therrOf, un!rss in ~he lonn and wnh ~he loss pavable as afo~esa~d; anJ i~~ ihe eVent any sun of money becomas payabte v~der s~ch poficy or poGcies said MOR1GAvEE eh.~ll ha~r ~hr oyf~on ro rrca~.•e and app!y fha san~e on aaa~n~ ol the indab~rd ness secured he~eby or ro perm~t sa~d MORiGAGORS to rece~ve and use it or a~~y pnrt th~:eof tor er~~••+ pur; osc~s. .~~~~~~e,.t ~h_•~ ur .ve~.~ ~3 c~ ~~~',p~~+ ing any equ~ty, lien or ri9ht undcr w by virtue of thia mo::gage; and ~n the eveM sa~d MORTGAGORS sha!I :or any reason fail to keep the sa~d premisrs so insured, or fail lo delivcr promptly any of said po~:tirs of insurance to sa~~ MQRTGAGEE, or ta~~ promptiy to pay (u'~ty any premwm thcrefor or in a~y respecl fail to perfam, d~scharge, execura, effect, canp~era, comply wiih and ab~de by ~h~s covenam, o~ any pa~t h,;reof, sa~d AtiuRTGAGEE may piacr a~d pay for such insurnnce or any part thereof w~~hout waivir~g or aifecting any opnon, lien, eq~~ty, or n~h~ undcr or by virwe of rhis h\orrga9e, and the full amount of each and ecery such paymam shall be im~nediately due and payable and sh~Il brar intarust Irom the da~e thereoi un~il pa~d at the rate ot n~ne per centum per annum onJ to~e~har w~+h wch iniervst shai~ be sac~r~~d by the lien of th~s mortga3e. 4. To permit, commit a suffer no waste, impainnero w dcter~oranon of sa~d prcperty w any parl thereof. S. To pay all and singular the costs, charges and expenses, iniluding a reasonable atrorney's fee and costs of abstracts of title, incurred or paid at . any time by said h10RTGAGEE, beca~se or In the eve~~t of the lal~ure on the part of ~he sald h10RTGAGOR to duly, pro„~pNy and fully perform, d~scharge. ` exet~te, etfetl, complete, comply w~th and au:de by each and every the st~p~~at~ons, agreemants, cond~nons, and covenants oi sa~d pro~» ~ssory note and thi~ .~,ortgage any or e~ther, and sa~d costs, charges and expenses, each and every, shail be ~mmediately due and payab,e; whetner or not there be not~ce dr mand, anempt to toliKl or suit pend:r.g; and 1he ful: a~nouM of each and every such payment shall bear interest from the date thereof uNil paid al the ~,~fe o; nine per canium ~nr a~ui~:n; end aU sa~d cos!s, charges and exrenses ir.currrd or paid, togetFkr w~th such interest, shall be secured by the 6en of this morfgage. 6. That (a) in the event of any breach of this Mortgage or deia~it on ~Fw part of the MORTGAGOR, or (b) in the event any of sa:d sums of money h~~rein referred to be not promptly and fufty paid w~~hin thlrty ~3Ji days next a~~ar ihe same =_~•vera:ly become due and payable, without demand or notice, or ~c) in the evem each and every ~he stip~:ations, agreements, cond~t~ons and covenants of sa d promisso~y note and th~s mo~?gage any or either are not iuly, prompdy and iulty pe~formed, dscharg~~d, executed, effecred, completed, compl;ed wi~h and ab~ded Sy, then in e~ther or any such event the said ag gr~~gate sum memioned in said promissory note th?n remainin9 unpaid, w~th ~ntere;t accrued, and a~f monays sec~~ed hereby, shail become due and pay ao'.e forthyvith, or thereafter, at the opt~on of sn~d h5UR1GAGEE, as fully and completely as ii a!1 of the sa~d wms of money were ongi:~ally snpu~ated ?o be pa;d o~ such dcy, anything in sa.d prom~ssory nota or in ~his hlongage tu the con~rary notw~thstand:,ig; and thereupon or therea(rer at the opt~on of s~:d MORTGAGEE, w~tho~t not~ce or demand, su~t at law or in eqwty, therefure or thereaher begun, may be prosecuted as if all moneys secured hereby n::d matured pnor to rts inst~t~t~on. 7. That in the event that at the begin~ing of or at any t~~ne pend~ng any su~t upan this Mortgage, or to foreclose it, or to reform it, or to enforce payment of any da~ms hereunder, said A10RTGAGEE shal! apply to the Co~~t havinq ~urisd.ciion thereof for ~he appantment of a Receiver, such Gourt shail fe:thwith appoint a receiver of said moctg~ged proparty efl and singu:a~, i:~:iud ng a~l a~~d s~~~gutar the ir.come, profits, issues and reven~es from whatever s~ urce derived, each and every of wh~ch, it 5e~ng express!y unde~s~ood, ~s hereby mor~gaged as if speuf~ca::y set forth and described in the 9ranring and h_,eendum ciauses hereof, anr! sach Receiver shafi have aI~ tne broad and efiecn~e funr..ons and powers in anyw~se entrusted by a Courl to a Receiver, and s_ch appo~ntment shall be made by such Court as an ad:nitted eq~ity a~zd a n,atter of absolute r.ght to said A10RTG~.GEE, and without reference to the a:iaquacy w inadeqvacy of the value of the property morrgaged or to the sav~ncy or inso!vcn<y of sald MORiGAGOR or the defendants, and that such •~-~!s, profits, inco~ne, issues and revenues shall be appi~ed by wch Rece6vzr accorJ~ng to the lien or equity of sa~d MORTGAGEE and ~he practice of such Court. 8_ To du~y, prompt;y and fully perForm, d~scharge, exzcute, eifect: comple~e, co~nply w~th and abide by each and every the stipu~ations, agreements, conditions and eovenants m sa~d promissory note and th~s mortgage se~ forrh. 9_ `Tha1 in the event the ownership of the mortgaged prem~ses. or any part thereof, becomes vested in a person other than the MORTGAGOR, the ORTGAGEE, its successors and ass~gns, may, without norlce to tne ASpRiGAOR, deat wuh wch successor or successor in interest with reference to this r ongage and the debt hereby secured in th~ same manne~ as w~ih f: ortg:~gor wvshout in any way vit:ating or d~scharg~ng ihe NlwtgagoR' liabi~ity here- ~~der w upon the debt hereoy secured. No saie of the prem.ises hareby rnortgaged and no forbeara~ce on the pan of ~Fw MOR?GAGEE o? i!~ suecessors o+ assi9ns and no extension of the t~me for the payment of the debt hrreby sec~red given by the h10RTGAGEE or its succM3ori O~J~~~qhs, s~all operate ro release, d~scharge, modify char.ge or affect the orig~nal ilao:;~ty of the htORiGAGJR herein, either in whole m in pprt: . ~ 10. It is speutica~iy agreed that time is of the esseece of this cor.rract and that no waiver of any obtigat~ori hereVrl~ or o~'fhe obllyafan se- cured hereby shat~ at any time thereafier be he;d to be a wairer of the terms hereof or of the instrument secured herby. r 11. In add.tio~ ro the forego ng ~nonth!y paym^n~s of princ pal and in`e~est requ~red by the p~omssory no~v setu(e~ heFellx, morlgaJor tovenants 3~ d agrces to pay to mo:ig~gee v.ith eath ~„o„th:y ra,~ ens an ad:.~~rional s~~m est n ated by mortg.~gee to be eqval to ~,h11 0{ ~~tie annual cadf o~ the follow- c) ~ _ A-All real property taxzs lev~e,a. or assess~_d agai•~s: thc above desvi~ed real estate. ~ • ~ B-Pr~m~u~ns on fire and vrindstorm ~r.surarce as ~ere~n reqU:red to be ca~r~cd cn the Em;:roveme~ts s~tuate on theC~bo'vo desvjbee~•p~arnises_ i ~ C-Premiums on such mortgsge guaranty ir.wrar,ce as mo:tgagee snail frorr t me to ti+ne deem fit to catry on the•~L~.se~u~ed: hergby. ~ Mortgagee sha!I frcm tim> to time no:ify mortgagcr in writ~ng of the amouni d~e and payable hereundar and such ium SfialhTh@ieu(wn be due and i .=:able on the due date of the nexr month:y payment ard each successive month thereafi~r until mortgagee shall not~fy mortgagor of a change in such ~ , ovnt. Such sums s~ail be app'ied by mortgagee toward the paymeni of real p~ope.ry taxes, insurance prem;ums, and mortgage guaranty insurance : p ~emiums. i IN WITNE55 LVHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the da~ and year first aforewid. Si ~ed, Sealed ar.d delivered in the presence of: WA YB CON TI COMPAi~1Y ~ fllEd Ati0 P.zC~R~EO $Y a4 ~ .~UCi[ COItI~TY FL~ y ' ay . ines, resi e~~~~ R06zr '3: ~ a1~5 ¢ CIE.=•K C: :~..il:t C01lRT AtteSt 1~ ~ tSeaq " flr~; c„ ~E~ f~f:, ~a ricia . ines, ecre ary ' (Seaq ~ - ~ reasurer ~ M~t 2l - tZ i6 PR T~ t - - - - - - - - - ~ STATE OF FLORIDA ~ COUNTY OF ST. WCIE ~ ~ I HEREBY CERTIFY, That on this day of-_____ MarCh , A.D. 19 72 , ~ ~ before me personally appeared lJa~ [1_ Sines ~ Jr._~ and Pdtricia A. Sines ~ res ectivel President and - Secretar _2Zeasurez P Y y ~ - , of 7' r W'~Y'VE COtiSTRUC?IO~S COMP~tivY Florida a-_-- Corporation, to me ;:s kr,own to be the persons described in and who executed the foregoing instrume~t, and severally acknowledged the exe- cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they affixed thereto the official seal of said corporation, and the_ sp+d. instrumsnt is the act and deed ot said corporation. ~ WITNESS my hand and official seal at Fort Pierce , said county an~ state. ' This instrument prepared by _ Richard K. Kayes " Nota,ty PVb(ic, in d for St te and County aforesaid. ~ First Federal Savings and Lcan : My.Cqmrttii~sion pires: p~ ~ / y~~ Association of F~~rt 'ierce, F'~Or'~da , • " ~ _ ~:OTA^'' ~ ~ ` • ~7F FLORIDA PT • •~G~ - ~ My C~''' :':.^{rZES AUG. 6. 1975 . . _ _ C,£':.. . . . . . . r..:CE UND£81NR~7'E°C. '.'=Qr r~ Checked By L'~_-- X~ 3~4 .'•a~ ~ R ~ PAGf ~~tf.~ ~M~ BOOK ~ ~ . - - ~ _ . . _ ~ ~ ~ t . l M~~ ~ " ~ ~ . . . ~ ~ _ _