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Home My WebLink About0199 To ~ a+d conrinuou~lY kNp on th~ bui!d~nps now o~ M.eai~N wwaa on sa~d I~nd and on ~U pvlpnwnt Mc1 pK~w?a11y cowr~d by thia ~a p~, wi~A NI pr«niw+N tM~eon p~K! ;n tutl, fin i~uv~~nc~ w+ ~M uswl sa~dud policy lam, M~ w~n approwd by rh~ MOtt(GAGEE. s~d wind~~o G?sw~nc~ in ~M ~nual Nae~da.d pot;q form. i~ ~ ium spp.owd b~ ~he MORIGAGEE, in wcl+ company or canpanas a tM MORTGAGEE m ~~t a~d al) (fn ~r?d winrhWn~ i~ww~a polici~s on ~ny of s+id buiW~ps, any inM.~s~ there~+ w{+an tMr~of, {n th~ ppr~p~N wT ~fo~~said . in ~xce~s tM~wt, sh~ti cvn~~in tt» vwst sts:.dard ~r:o-tZaps~ c~wse a a~d+ ah« dwss ~s th~ Allwt9apK er~ay ?eqv;n. nwAino t1y bu u~d~+ u~d po • ci~s. exh and evNy. WYab1~ 1o s~W MORTCsAGEE ~s ~ts in~cres~ may ~a. ~nd each ard ~vNy such poiicy shalt b~ p.omp~ly q+.9nw a+d d~iiver.d ~ r~ ~ny h~ld br s~id 1NORiGAGEE a fwt1~ kcvrity ~o ~id mortpap~ ci~bt, and, nW 1~ ~Mn t~n (10) days in advahu of ~M ~xpir~tion of each polfc~i. ro d~ Itw~ b uid kWRiGAGEE a rMtwN tMnof. top~rMr wirh a rec~ipt fw ~M p~.nium of wch rensw~l; and ~Mr~ shall be no fir~ a windttam inaw~nc plac~d on ~ny of said buiWinps~ any intKqt IMr~in w p+rl tFKreo(, unfeu in ~M (wm and wi~h tM loss payabt~ as afor~faid; u+d in tFK ev~nt ~ny sun of monty b~tanq p~yabb undN wch pdky p pclici~s said MORTGAGfE ihaH haw rFw option ta recsiva and apply 1M same on +ccount ot tM ind~b~td ~ss tKw~d Mrtby or b pKmit said MOR?GAGORS ro re0eiw and ut~ it or ~ny part therept ior orhe• purposty. willw~tl Ihueb/ waivi~~g q Mnpair i~g any puify, li~n or ripht w~d~~ or by vutw o1 thia mort~pe; ~nd in tM ~vent ~a~d MORTGAGORS sh+ll for ~ny reaion (ail to keep the said p~Nnises ~o ~nsu~~d a iail b defiver prompNy any of said po!'cies of inswance ro s~id MORTGAGEE, or fail prompNy to pay fvlly ~oy pnmium the~efor w in an~ " r~~p~ct f~il tp pK(wn~, d'istMr~, eYecut~, ~ffM, corty~let~, comply wi~h a~d ~bid~ by this wveMnt, p sny part har~of, said MORTGAGEE may pl~ and P+Y fa wch irwx+nc~ or any pan ttw~eof withovt waivinp or ~if~cti~p any option, lisn. puity. a?ipM vnd~r or by virtw of this Mwtqap~. ~nd tM . fvll amo~xa of ~ad~ and ~vKy such p~yrt~t tMll b~ immed'utely dw uid p+yabk ~nd shall bear int~rest from th~ date ~hueof un~il paid at tM rat~ ol nin~ p~? ototvm pw a~uwm and to~ethe~ with wch iotaest thall be ucv~ed by the tiee~ of this matp~pe. To pKmit, commit or wffN no w~te, impawment or deterior~tion of ~sid property or aey put thereof. S. to pay ~tf and ~egular tM cwts, ehupes Md expH+ses, includ'enq s rcasooabk attaney's fee s~d cosM of ~bstraeta of titk. incu??~d o~ p~id ~t any time bp said MpRTGAGEE, beca~se w i~ ths ~vent of the failure on the part of ~M ssid MpRTGAGOR a duly, promptly ~~d fvlly ps.form, d~scl+~~ exscvt~. ~fhet. tompl~t~. canpN with snd abid~ by ~ach and every the stipula~ioqs, sy~eemen», conditio~?s, ~nd cove~anb of said promiuory note a~d tha mortQape any or si~he+. and sa;d coan. cMrp~s and exp~n~es. each and ~vwy, sMll b~ imrMd~at~ly dw ~~d pay~bler wM~l?H a not tMr~ b~ not~cs d~ mand, attempt to collect or tuit pendin9t and the full amouM of each ~nd every such paymeM shall bea. intere:t from tl+e date tl+ereof vntil paid af the rate of nine per centum per sruwm; eod al! wid cwts, thargrs and expenses incurred or paid, together with suth imerest, shall bs stcvred by 1M lien of thit n'o~q+ys• b. TMf i~ ths event of any bre~ch of this Mort9a~e or defauh on tM part of ths MORTGAGOR, or (b) in the eveM any of ~aid sums of mwwy heran referred to be not promptty ar+d fully paid withi~ thirty (30) days r+ext afte? the same severally become dve and payab~e, without demand o? notice. or in ihe lvent esch and eve?y the sfipulatio~s, agreemmts, condttions and covenann of sa~d prom~ssory note and th~s mortgage any or either are no1 ~M. PranP~lr and fully pe~formad, dixharged, executed, effected, completed, complied with and abided Sy, tMen in eitFrcr or a~y such e+rent ih~ said a¢ gregate wm ment'pned in said piomissory r?ote then remsining unpaid, with interest acuued, and all moneys aecured hereby, shall betome dw a~d pay~ able futhwith, w thereahe?, ~t the optiw? of said MORTGAGEE, as fvlly and complefely as if all of the said wms of money were aigin~lly stiputated to be paid oo such day, anyfhing in said promissory rate or in this AAortgage to tFx conrrary notwithstanding; and thereupon w thereafter at the optio~ of said AhORTGAGEE, without notice or demsnd, wit at law or in equity, thereforc or thereafrer begun, may be proaecuted ss if all moneys secured hereby had matwed pno? to in ir?stitufion. 7. That in tf+e evenf that at the beginning of or at any time pendi~g any ;uit vpon this Mat9age, o? to foreclose it, or to refwm i1, w to enforp paymcnt of sny claims hereunder, aaid NIpRTGAGEE shall apply to tF~e CouA hsvir,g jurisd'+ction thereof for the appointment qf s Receivcr, auch Court ahall fwthwith sppoint a receiver of wid mortgaged properry all and singuls~, includ~ng all a~d sirxaulu the income, profiK, iuues and rever+ues f~om whafever source derived, each and every of which, it being expressly understood, is hereby mo?Igaged as'if specifically set forth and described in tFK yrsntinp snd habendum clauses he~eof. and such Receiver shall have all the b?oad ar?d effective iuncnons and powers in anywise entrusted by a Cour1 to a Receiver, and such appointment shafl be made by such Court as an admitted equity a~d a malter df absolute righ~ to said MORTGAGEE, ~nd without reference to the adequscy a i~sdequacy of the value of the property.mo.tgaged o? to the sowency oc insolvency of said MpRTGAGOR or tAe defendann, and that such renrs, profits, income, issues and ~evenues sha11 be applied by such Receiver according to the tien or equity of said N10RTGAGEE and the practice of such GouA. 8. To duh, PromPtly and fully perform, d7scharge, execute, effect, complete, compty with and abide by each and every tF~e stipulations, sgreemenri, conditions ard covenaots in said promissory ~ote and this mortgage set forth. , 9. That in the event the ownenhip of fhe mortgsged premisea, p any psrt thereof, becomes vested in a pe~son other ihsn the MORTGAGOR, th~ MORTGAGEE, iri successors and sssigns, may, without ~ofite to the MORTGAOR, deal with such successo? or wtcessor in iMerest with re(erente to this mortgsge snd the debt hereby secured in the same manner as with Mortgsgor without in any way vitiating w discharging the Mortgagors' liability hera under or~upon ?he debt hereby secwed. No sab of the premixs heieby mortgaged end no fabearance on the part of the MORTGAGEE w ib successon or suigrn and no extension of the time for the paymeM of the debt hereby secured given by'1he MpRiGAGEE.~ ,it}, wcuuas or ass:~ns, shsll operate ~o r~leu~, discha~g~, rtadify cF+~ng~ or aff~ct tM aig;nal fiabiliry of the AAORTGAGOR herein, ~ither in whole a in psit. 10. It is specifically agreed thaf time is of the essence of this cont~xt and that no wsiver of any obligation here~nder or of ths obliyation se- cured hereby shsll at any time thereaFter be held to be a waiver of the terms hereof or of the instr~ment secured herby. ~ 11. In add~tion to the fwego:ng monthly payments of p~inc'pal and interest requ~red by the promissory rate secured hereby, mortgagor covenants and agrees to pay to mortgagee vrith each monthly payrnenf an addirional sum estimated by rrrongagee to be eqval to 1/12 of tF~e annual cost of the follow- ing: A-All real property tar.es levied a assessed against the above deuribed real estate_ B-Premiums on fifs and windstorm ins~irance as here7n requ~red to be car~ied on the improvemerts situate on the above desaibed premises, C-Premivms on wch mortgage guaranty inswarKe as mortgagee shalt from r~me to time deem fit to csrry on the bsn setv~ed he~eby. Mortgagee shaf! from time to time norify mortgagw in writing of the amount due and payabk herevnder and such wm shall there~pon be due and payabk on the due date of the next monthly payment and each successive mo~1h thereafter urtil mwtgagee shall notify mortgagor of a tharge i~ such amount. Such wms sha(( be applied by mwtgagee toward the payment of ~eal property taxes, insurance prem:ums, and mortgage guaranty inwrance premiums. , - IN WITNE55 VYHfREOF, the said MORTGAGOR has hereunto set his hand and seal the day and,year fint sforesaid. ( s~'i ' d~r~ `d t~ i~itnesses as to signatures , of Mr. and iNrs. Ramage n ~ itnesses as to signatur , q f Mr. and Mrs. Pansino - . q- s. STATE OF ftORt A . ~o~?~ ~ st . L~ ~ ~ . ~in°c"~ °co"wg~"r 2,~i802 Charles F. Rama ROCEk P01TRA6 ~ Befae me person~lly appeared - ~~,~w,~, ~.~r~ ~ Id2~ Rsmage . {siS ivitra IIE40ltQYfAtF1E0 • the individuab destribed a~d who exetvted the for instrument, and ^1Q well krawp, fp b~ e9oi~p ledged befwe m~ that tMy execvted : ~j~y~ippses nc~rein expres~ed. Md the sa' I dlll R~a e ! _ wife of the ssid C118lCles F. Rt~~,g@ , 1. exam'u~sYan by me taken separate and apart from Fxr said husbsnd, adc , nowledged to a~d be(oro mt that shs executeS7 T` slr~lya~~~'. ra,ily and without sny compulsion, oorutraint, spprehension, q fear of or fram her said ?wsband. i ••a~ y - rt ; ~ r-~ - WITNESS my hand and official sesl thi: Zyl• da of =2':-, 'i ~ ; t.. . }~pj..~~"~.~ - ~a7~. ~~..YI'` . ' = . r"}e`S . STATE O~ tiaria~ ~ - ~ - _ . . . . ; . - ~ Notsry Publ' ~n ~nd fa the ~t'l.~iE` ' i~ ~ , counmr of SL . Luc i e ss. My commissia, .,cpi.es: ~i. j~;;~„ : - - - ^ - 8efor~ me psrsorally sppeared Louis P. Pansino T- a,d Ada J. PdASirio his wife, to me weU,i~rwww=~ n to rne a bt the i~viduals describsd in and who execvted the foreyoiny instrument, ~nd ~cl~nowledged before me that thqt purpotes rhereia ~xpressed. Ard rh~ si Ad1 J. PdIISiAO "t ',``~t . ~ w~re of th...~a uis P Pansino ~ _.a.;~,~~,:; .a examin~Yan by me taken se~rate snd span from her ssid husband, ~dcrwwledged to and before me that ahs~ insfe+e~t volw?~ rarily and without ~~ryr compv{sion, co~st~aint, spprel~eu' w feu of w from her said , ~ ~ ~'f y 'y d,y of ; `3- _ ~ ~ ~~~''19.~~ WITNESS m Mnd ~nd official sesl thia ~ ~ ,4 _ ~ 'i`J •l~~~•,•'rr ~ ~ ~ Notsry Pub n s~d fi~{ ~ • . ' My ioo ~xpir~a~~~. sGlt'~!~~ ~•a~ Return Ta ~f1t (iF1~~ . Fint Fede.•~ s+v4gs a to,n Asioc;,,,on This Instrt~ent prepared by: iV~. E. ~E~t'~p~y ~"°'°~~M'ederal ,9 °f F°" P`""- Savinys and Loan Association of Fort Pierce, Florida - R~ Fort P~erce F!c,rida '~2~~~;'~, ~ ~ ~ c,. - - _ ~ i . ~ r r ~ ~-4-; ~-k