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Home My WebLink About2792 To place and co~tin~ously keep on ~he b~~:d~n9s now or hereaher a~t~a~e on s~~d iand and on al~ cq~~p~nent and pe~sonatly covered by th~s mo~ ags, w~ih all pre~~~ums thereon pa.d in full, f~~e i~~surence ~n ~ha ~swl sr~ndo~d po'~r~ iurm, in a sum aHprovrd by the MGR~:~AGEE, a~~d w~~~diio insuronce in Ihe uswl s~anJn~d po1•cy for~n, in a sum aYpro:ed by the A10RTGAGtt, in such co~~•pa~~y or cemE~an:es aa ~he M02TGAGEE m di~cd; and all iire and windstorm insurance polit~es on any of sa~d twl~d~ngs, any interest therein or part thercrof, in Ihe aggregate sum a}oresaid ~n exces~ thereof, shall :onr3in the usual standard morrgagae cia~ie or iuch o~her rauae as the Nlo~tyagee may ~equ~re, ma?ing ~he loss unde~ sa~d po c~rs, each and every, payab!e ro said h~ORiG.4GEE as us intcrrsr mav appea~. a~~d each and every avch po uy Shall be promplly ass gned and delivered ~ any held by said MORiGAGEE as f~nhrr secu~~ty ~o aj~d mortgeye d~bt, a~~d, not less than ten (10) days in adva~ue of the eapira~~o~~ of each pol~cy, to d~ I~ver to said MORTGAGEE a re~xwal thereoF, toge~hrr with a re:e~pt for the p~e~:~~um o( such renewai; and there s~~ail be no i~re or windsw-~~ insuranc plated on any of sa~d build~~~gs, any imerest therem or pa~t ihereof, un'~ss ~n ihe for~n and w~fh the Ioss payob~e as afn~esaid; and in the evenl any s~n 01 money becornes payable under wch policy w poGuas said MJRTGAGEE sh,,I~ have ~he oHe~on to rec~•ive and app~y the same on account o( the indrbt~d neSS SetWed h2reby o? to permit Said MORTGAGOR$ to recc-iw and use it or any p, rt ti~~r;aof tor oti:.•~ p~rp~osoi, .•.~~i~oct ~h cr ~~~•~.~7 ~te1p~~r ~ng any equ~ty, lien or riyht undrr or by virtue of this rno:'gage; and in ~he event sa d A1pBiGAGQRS sh.ill .'or any ~e~son fail to keep ~he sa~d premisrs so ~nsured, or (ail to deliver pranptly any of said pol~t~es of insurance to sa~d h10RTliAGEE, or fa~: proinptty ~o Fay ful:y any p~emium therefor or in a~y respect fail to perform, d+schaiye, executr, eifeU, canp~rt~, co:rply wiih and ab~de by th:s cove~~an~, or any par~ hareof, sa~d MORTGAGEE may piace a+o pay fw such inwrance or any part thereof withoul waiving or affec~ing any oyiion, Gen, equ.ty, or r~~ht ~nder or by virtue oi th~s Mortgage, and the fuU amount of each and eve~y such payment shatl be urunediatr~y due and payable and shall baar interest from tne date thereof until p.,~d at the rate ot n.ne per crnwm per annum and to~~th~~r vrirh such interest sha1~ !,e s•_wred b> the lien of this mortgage. 1. To permil, commit w sutfer no waste, impairment or dctenoration of sa~d property or any part thereof. S. To pay all and singular the costs, charges and eapenses, includ~ng a rcesonable attor~ey's fee and costs of abstracts of title, incurred o~ paed at any time by sa~d MORiGAG'.E, beca~se or in the event oi the faJ~re on ~he Fart uf thr said MORTGAGOR to duly, promptly and f~lly perform, dncharge. execute, ef(ed, taopletr, tompEy w~th and ab:de by each and every the st~pulat~ons, agreements, condiuons, and cove:iants of sa~d promi,sory note and this niortgage any w e~~her, and sa~d costY, charges and expenses, each and every, sha11 be immrdiately due and payable; whether or r.m there be nor,ce dz mand, attempl to colleCt or suit pend~ng; and fhe f~ll amoun/ of each and ev2ry Svch paymeN Shall bea~ interest from the date thereof untii paid at the rate o~ nine per centum per an~~u:n; cnd ail said wsts, cha:ges a:~d . rp~r.s_s intwrrd or paid, ~ogether ~v~th such interest, shall be secured by the lieo of thi~ mortgage. b. That (a) in the event of any breacfi of th~s Mortgage or detault on the pa~t of ~}~e h'.ORTGAGQR, or ;b) ~n tfie eveM any of sa;d sums of money herein referred to be not promptiy and (uily paid wrthin ~h,rty ~30~ da~s n~•.! a~:•,r fhe sa~~~e sc~ero'ty become dur and payab!e, withoui demand or notice, or (c) in the event each and every ~fie stipu:ations, agreemen~s, conda~ons and covenants of sa d promiaso~y note and th~s mortgage any or either are nol iu:y, prompsly and iully performed, d.scharged, executed, effecred, complered, cumpi:ed .v~!n and ab~ded 5y, then in enher or any such eveM ~he sa~d ag grega!e su.n mentioned in said promissory note then rema~n;ng unpaid, wath intr<<~st acuu~d, and a~l moneys secured hereby, shal! betome due and pay- ab'e fort:iwith, or thereafter, at tha option ol safd AM1Or2TGAGEE. as fvliy and completety as ii all of the said :vms of money were ongina~ly st~pulated ro be ~a;d on such d.:y, anyfhing in sa.d prom~ssory ncte or in this htortga~~~ to the conrrary nor.vithstand~:ig; ar.d the~eupon or thereafter at the option of sa~d MORTGAGEE, w~thout notrce or demar:d, s~it at Iaw or in equ~ty, the.efore or thereafier beg~n, may be p~osecuted as if all moneys secured hereby n.;d matured pnor to its inslitution. 7. That in ihe event that at fhe beginning of or at any time pend~ng any su~t upon this Mortgage, or to fo~eclose it, Or to reform it, or to enforce paymenf of any claims hereunder, said MORTGAGEE sha!f apply to the Cow~ hav~ng jur+sd,Uicn thereof ior the appo~ntmem of a Reteiver, such Court shafl farthwith appoint a r~ceiver of said mortgaged property all and s~ngu'.ar, inc~ud:r,g a~i a~~d s~.~gu~a~ ~he income, profns, iswes ar,d revenues irom whatever scurce drrived, each and every of wh~ch, it being expressty unders~ood, ~s tereby morrgaged as ~4 spec~ficaily set iorth and described in the granting and habendum dauses hereof, and svch Receiver sha!1 have a? tne broad and effecrive f~ncr,ons and powen in anyw~se entrusted by a Court to a Receiver, and s, ch appointment shali be made by such Court as an ad:nirted equity and a ma~ter of absoi~te r~gM ro said MORIGAGEE, a~d without reference to the~ adequacy or inadequacy of the vatue of rhe property mongaged or ~o the so.vency or inso:.ency oi sa~d kIORiGAGOR o~ the driendonts, and that auch ra~ts, profits; incane, issues and revenues shall be appiied by such Receiver accorau~g to the tien or equity oE said MORTGAGEE and the practice oF such Court. 8. To duly, prompt:y and f~tly perform, discha~ge, execute. effe:t, compiete, cornNly w~th and abide by each and every the stipulations, agreements, ccnditions aod covenanrs ~n sa~d promissery nete and th s mortgage se~ terth. 9_ That in the event the o~rnershlp of the mortgaged pre:n~ies, or any part thereof, becomes vested in a person other than the MORTGAGOR, the ".'.ORTGAGEE, its successors and ass~gns, may, wi!hout notice to the N,ORTGAOR, dcal w~th such successor w s~ccessor in interest with reference to this ~-ortgage and the debt hereby secured in the same mar~ner as w~th h\orr~ago. wnhout in any way viuat~ng or d~scha~ging the Mortgagors' liability here under or upon the debt hereby sec~red. No sa'e of the Fremisas hereby mo~tyaged ar.d no forbearance on the part of the MORTGAGEE or its wccessors or assigns and no extension ot the nme for the payment of ti,e debt inereCy secured given by the fdORTGAGEE or its successws or assigr.s, a~~all operare ~o release, d~scharge, modify change or af{ect the orig~rsal liau~i~ty of the I~~ORiGAGOR herein, either in whole or in part. 10. It is speuficalfy ag+eed that time is of the essence of th~s contract and that no waiver oi any obfigat~on hereunder or of the obligation se- cured hereby shalt at any time thereafter bs held ro be a wa~ver of the terms hereof or of the instrumem secured he~by. I1. In aod,tion to the forego ng rnonth!y paymenrs o4 princ pal and inferest requ~red by the prom ssery no!e secured hereb~, mortgagor covenants ~~~d agrees to pay to mortgagee vvith each month~y pay~,:ent an add~nonal wm est::,:ared by murtyagee to be equal to 1; 12 of the annual cost of the follow- :~,:g: ~ A-All real property taxes tevi~~ or assessed agal•~st th~ ahove dexribed r al estate. ~ B-Pre:r.iums on fire and windsrorm ~nsurar.ce as here~n rcqu~red to be ~arr[ed on the ;m,^,roveme~ts s~tuate on th~ above d=sr.~bed premises. ~ C-Premiums on such mortgage guaranty insura.:ce as mortgagee shail fro.T rme to time deem fit to carry on the loan secured hereby. 0 ~ Mortgagee sha!I 4rom ti~ne to time nctify mortgager in vvr~hng of the a~: o~~t due and payable hereundrr and such wm shall thereupon be due and ;~~able on the due date of the next n;onth:y payment and each successive month thereaftor ur,til mortgagee sha!I notify mortgagor o~ a change in such 4 ~~.ount. Such sums sFail be app:ied by mortgagee tov.ard the payment o4 rea~ property taxes, insurance prem:ums, and mortgage guaraMy insurance :~•emiums. ~ - Y~ITNESS VIHEREOF, the sa~d MORTGAGOR has hereunto set his har.d and seal the day and year first a(oresaid. 5 ~ Si , Sea:ed and de ' rec~ in he presente of: ~ ~ : ~.t wJ~~--~ ~~~E¢.~L-~ ~-(Seal) ~ _ , ' 1 , ~ , r j -~.81~fA WOdQ (Sean ~ _ S.t.~..~sL (Seal) ~ ~~8 00 (SeaO ~ S~ATE OF fIORIDA 1 ~ } SS. ~ :.JU~~TY Of St. Lucie ~ ? ~ Befwe me perwnally appeared C~~n ~~OOCi and } ~ _ Julia jJood ' his wife, to me we~l known and known to me to be tn> individuab described in and wFa executed the foregoing instrument, and acknowtedged before me that they exewted the same for the purposes rherein expressed. And the said Julia V~00C1 N~fe of the said ~~~11I1 wOOd , upon a sepacatp and privat~ ~ e.am~nation by me taken separate and apart from her sa~d husband, ackr.owled~ed to and bef~re me that she executed said i~strumeqt freely~and volum ra~~iy a~d without any compuEsion, constraint, apprehe o ~ fear of or from hsr said husband. y,';!'-; ~ ss . a WITNE55 my hand and offiual seal th~s_ _ day of_ '~rch ;~f''," ~q~7 3' ~ f- v ~ < • -1 _ Notar Public in and for the tate of Rorida~' aT Large ~ _ My Commission expires: ~ • ` - Retum To- - ~ : y C' 1-~ . , . ~ c r l, ~ F! f;Rl~A •J1'~U1~'tGE _ First Federal Savings a loan Assodat:on t, ~ , ~ : ~ ~ ~r,l$7rJ ~ ~ - Of Fort P.erce. G i- ~u _ i~...v...+~:1:.- u. :~~.ljr'1ITER,c-r,:J~JC:, ~ - Fort Pierce. Floridj - 7+ v.t - 3- ~ ~ ~ - fiLEO AIID RECORDE~ iT. LUCIf COUMTY = This Instrurnent Pre ared B~chard K. K~ ROCER P01?RAS ~ _ P Y CLEK1c CIRCUIT CMIR~ First Federal Savings & loan Association RECORO VfP~~lEO~ ~~s of Fort Pierce ~ F'1.orida y ? ;y# Checked By ~ ~ ~ ~ ~n'(~ ;'a ~ ~Y== ° R 2791 ~ BOOK~.VV PAGE `~riZS~J2+S ; . { r: r~) :"1'. ~ ~ . __i~. . _ ~ _ _ . . vt ~r ^ ~ F , r . 3~ . _ . , . _ ~ _ . . . . ...c.xr_ ~~~i