The URL can be used to link to this page

Home My WebLink About2534 3. To p~ace and co~rinuous~y keep on fhe bui:d;ngs no~+v or hereafter a:tuate on sa~d lend and on ali equipment and peno~ally covered by ~his ma age, wltb ali prrmi~ms thrreon pa:d ~n fu!1, fire insurance in the ~sw~ st~nda~d poiicy form, in a s~m aHproved by Ihe MOR~GAGEE, e~~d windsto ~nsuronte in tha usual it.~ndard ppl.cy form, in a ium a~.proved by the h~ORTGAGEE, in suth tompany or Co~npan~es aS ~ne AtORiGAGEE m d~rect; and all iire and w~ndstcrm insurance pofic~es on any of sa~d bu~~d,r.gs, any interest therein or pa~t thereof, in ~he aggiega~e sum afaesaid in eaces~ thereof, sAall :ontain the uwal sta~~dard mor~gagee c~ause or nuch othe~ clause as the Mortgagee may requ~re, ma?ing ~he loas unde? se~d po . c~rs, each and every, payab'e to said \10RTGAGEE as ~~s iroerst may appear, and each and every such po~icy shall tx promptly ass gned and de:ivered ~ any held by se~d MORIGAGEE as iur~her security to said n:or~gage drb~, and, not !ess than ten (10! days in advance of the expirat~on oi each pot~cy, to d. I~re~ ro said MORTGAGfE a rooewal therrof, toge~hrr with a rece~p~ fw ~hr prr~n~um of such re~~ewal; and ihere shall br no f~re or w~~~ds~o~m insuranc pl~ced on any of said bui!d~ngs, any inte~est there~n w par~ ehereof, un:eas in fhe form and w~~h the ioss payabte as atoresaid; and in the event any s~n of money becomes payable u~der auch poltcy w poGc~es sa~d MORTGAGEF ah~U Aave ~he op~.on to rece~~~e and app!y tne sa~ne on account oi the indrb~ed ness secured hereby or to permit said N10RTGAGORS to recr~~e and use it w any parl th•~:eoi for o'n.~~ Nur~ os~~s. vr:~„o~r th~..or "~'P~~' ~ng any equ~ty, I~en w r~ght unde~ or by virtue of Ihis mo:~gagc; and m ~he evem sa:d MORTGAGORS shall Eor any reason fail to kecp the sa~d p~emisas so ~nsured, or faii to deliver prompfly any of Said pO~~cies of insurance to said MORiGAGEE, o~ Foil p:omp!ly to pay tully any prenuum therzfor o~ in a~Y resped tail lo perform, d~scha~ge, exec~te, effecl, canpletr, co:r.p~y with a~d ab~de by thls tovenant, or any part hareoi, said MORTviaGEE may p~ace a~d pay fw such insurance or any pa~t thereof without waiv~ng ot affecting any option, lien, equity, or ~~~h~ unde~ o~ by virtu.- of this hlortgage, and the t„II a~nount of ~ach and e.ery such payrt~ent shall be imtned~ately due and payable and shall brar ir+ter~s~ from tha de~e ther~wf umil pa~d af ~he ra~e ot n;~:e per cenium per annwn and logrtha~ v~~th such i~te,est sha~~ ~ srcured by the lien of thls mortgage. 1. To pe~mit, commit w sufler no waste, impa~rment or deterioration of said property w any parl ihereof. S. To pay all and sing~tar the costs, charges and exper.ses, in:lud~ng a reasor.aole attorney's fee and costs of abitracts of ti~le, incurred or paid at any Ume by sa~d MORIGAG`.E, because w in the event of the fa~iure on the pan of ~he said h10RTGAGOR to duty, pra^~ptly and fvliy perfonn, d~scharge. exrcute, e(fect, complete, comply w~th and ab:de by each and every the stipufat;ons, agreaments, conditions, and covenants oS said promissory note and ihis ~~orrgage a~y or e~ther, and sa~d cosrs, charges and eapensrs, each a:~d eve~y, shall ba immrd~ately due and payable; whether or not there be not~ce dr mand, attempt to collect or suit pend~n3; and the fult anw~nt of each ar,d e~~ery such payment shall bea~ interest from the da~e the~eof until paid a1 the ~.,rr ot ~ine per centum par ann~:n; and all said costs, tha~ges and cxprnses Enc~rred or pa~d, togetner woh such interest, shall be setured by the lien o1 th~s ' ~ mortgage. b. That (a) in the event of any breach of this Matgage or defa~lt on ~F,.: part of the AtORTGAGOR, or ;b) in the event any of sa:d sums of money ` herein ieferred to be not pro~nptly and futly paid w~th~n th.rty (3~; days next aiter the same se~era':y become due and payable, without demand o~ notite. ~ er (c) in the event each and every the stip~;arions, agreemenu, condeions and covenann of sa d promissory note and th~s mortgage any or either are nol i i~;y, promptly and futly performed, d:scharged, executed, e4fected, comp!eted, compl~ed wi~h and abided Sy, then in e~ther w any such event the sa~d ag ( ~regate sum nuntioned in said promissory note ihen rema~ning unpaid, with intrre;t atc+~ed, and ail moneys secured hereby, shall betome d~e and pay ~ ao!e fo~thwith, o~ thereairer, at the opt~on of sa~d A10~2TGAGEE, as fuliy and comp!ete!y as ii all of fhe sa~d s~ms of money were or~ginaUy st~p~tated ro be pa~d on such day, anything in sa.d promissory note er in thls Mo:tgage to ~he conrrary not~v~thstanding; and thereupon w thereafter at the opt~on of sa.d MORTGAGEE, wirhout not~ce or demand, suit at iaw or m eq~dy, therefore or thereairer begun, may be proaecuted as if all moneys setured hereby r~d matured pr~ot to es institut~on. 7. That in the event that at the beginn~ng of or at any time pendi~~g any suit upon this Mortga~e, a to foreclose it, or to reform it, or to enforce payment of any tlaims hereundtr, sa~d MORTGRG~E shall apply to the Court having ~un<_d.ct:on thereof for the appointment of a Receiver, wch Cour1 shall !;,~thwith appoint a receiver of said mortgaged property a!i and zi~~gu:ar, indud ng a11 a~~d s~ngu,ar ~he ir.come, prohts, issues and reven~es irom whatever se~~ce derived, each and every of whrch, ~t being express!~• unders~ood is her~by mer~gaord as if spec~tically set iorth and dexribed in the g~anting a~d h36endum cfauses hereof, and such Receiver sha11 have aIl the b~„ad and efieo~ve f~nct:ens ard povvers in anyw~se emrusted by a Covrt to a Receiver, and ! s_:h appointmero shall be made by wch Co~n as an ad:nitted rquny and a Iratter of abso~ute r~ght to said MORiGAGEE, a~d withou? reference to the adequacy or inadequacy of the vaive of the property mortgaged or to t1r~ ao.ve~~cy or inso;vency of sa~d MORTGAGOR w the defendants, and that such re~ts, proiits, incane, issues and revenues shalt be appiied by s~ch Rec~•~ver acmrd;ng to the tien or equity oI sa~d MORiGAGEE and thr practice of such Court. , 8. To duly, promptly and ful!y perform, d~scharge, execute, effect, complete, co:~~ply v.~rh and abide by each and every the stipulations, agreements, ;or.ditions and covenants in sa~d promissory note and fhis mortgage set for.n. 9. That in the event the ownership of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, the :~RTGAGEE, its successors and ass:gns, may, w~rhout notice to the n10RTG+>OR, dea~ w~th such successo~ w successor i~ imerest wi'h reference to this n ortgage and the debt hereby sxured in thr same manne~ as wnh Morrgagor withovt in any way vit;ating or d~scharging the Nlortgagori liability here- cr:der w upon the debt hereny secur~d. Na sa;e of the Fremises hereby mortgaged and no forbearance on the part of the ~dORiGAGEE or its sutcessors e~ ass~gns and no extension of the tiT,e for the payment of the deb+ hereby secured g~ven by the MORTGAGE~ or its successors w assigns, ahall operate ro re~ease, d~scharge, modify change or affect tF.~ orig~na! liau~l~ty o4 the MORTGAGOR here~n, either in whole or in part. 10. It is speuficalty ag~eed that ti~ne is of the essence of th~s contrac+ and that no waiver of any obligat~on hereunder or of the obligation se- cured hereby shati at any time thereafter be held to be a weiver of the terms hereof or of the instrument srcu~ed he~oy. 1 l. In add.tio? to the forego ng momh~y payments of princ ,.al and ~n+erest requ~red by the p~om!ssery ~o!e secured hereb~, mortgagar eovenants ~••d agrees ro pay ro mc-tgagee ~~~n each monthiy pa~r,:ent an add~~~onal wm ~•s!:~rated by mortgagee to be equal to 1, 12 of the ann~al cost of ihe follow- I ~ ~ A-AU real p~operty taxrs levied o+ assesscd agni•iss the ahove desc•~6ed rea~ estate. E B-Prem~ums on fire and w:ndstorm ~nsurance as nere~n requ;red to be ca•ricd en the imYroveme~ts s:tuate on the above d~scribed premises. ~ C-Premiums on such mortgage guaranty ir.sura.~ce as mo~tgagee shaU frem t me to time deem fit to carry on the ~oan secured hereby. ~ Mortgaqee shail from time ro time notify mortgago~ ~n wr~t~ng of the ar.,o:;~t d~_e and payable hereunder and wch su:n shall thereupon ba due and ; .~,able o~ the due da!e of the next n:onth!y paymr.~t a~:d each successive month rhereaft~r uctil mwigagee shall nohfy mortgagor of a change in such ~ ~unt_ Such su:ns sFa;l be applied by mo~tgagee towa:d the paymem of real property taxes, insurance prem:ums, a~~d mortgage g~aranty insurance ~ ; ^~emiums. € IN V~IiNESS YYHE F, th aid MORTG GOR has hereunto set his hand and scal the day an ar st aforesaid. ~ Sea ed a d d t~ver i the pres~ce of: ~ , ~ ~n ~ ' 4 ~ u ice . nyder ~ ~ ' % - . . ,TU.OA..c a i•~ ~seao ~ / '6~Tana ~ . Snyder ~~an ` ~ - - F 5?ATE Of FIORiDA ~ S5. ~ COUNTY OF $t. j.ilCle ~ ~ Before me personally aP~a.ed Maurice D. Snyder a~d Delana {z ~ Snyder his wife, to me well known and known to me to be ~ the individuais described in and who executed the fwegoing i~strument, and acknowledged before me that they e:ecuted the same fw the purposes f rherein expressed. And tht said Delana F. Snyder ' r;Ife of the said Maurice D. $II~/C)eZ _ upon a separate and private e.am~nation by me taken separate and apart from her sald husband, acknowledged to and before me that she executed said instrument freely and voluo- - rar~{y and without any compulsion, constramt, appreh ns Joe,~t fear of or from her sa~d husband. WITNESS my hand and offiual seal th~s_ day of-_ A. D. 19~2 ~__L_ ~~j r~ Notary Public in and for the Sta}~ of Florida ~t larQe .t _ My Commission expires: y I~/rJ.C'.,._ ` . ~ ~ - Return To: L'.I` 7!!d' , l~ ~ = first Federal Savings 3 loan Association ~O . 7 s~ . - _ Of iort Perce. I ~ fOrf Pizrce. FlOric~a =jL[0 AMD ' . _ ~ ~ - ; RtCO11~Ei ~ ~ ' = - ~ wc~E cauatr u, a ~ J=~ - ROCER POtTRA3 - i ' ^ ' ~t~';i _ CtERK C~RCUIT GOURT t~ ' ' : ° 4-". ' - AECORD YE~~FIEO , : ~ % " ? - This Instrument Prepared By RiChard K. Kayes ' First Federal Savings 8~ Loan Association f~ - of Fort Pierce, FloriCa ~?j `~a Checked By ~i O ^ ~ ~{~l . 600K _ . . : ~ , a , - - - - - - _ ~ ~ _ ~ . ; : ; - . - } ~ . ~ - ; ; ; - ,y ~ ~ ~e.,.~ , ~a ` ; ~