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Home My WebLink About0458 3. To ptace and conr~nuously keep o~ the bu~'d~nqs now o~ hereaher s~tuate on so~d land and on ali rq~~pme~t and pe~sonalty covered by this mo~ ege, with all prem:umi therecn pa•d in iutt, tue insurance in ~he us~al s~a~.d.~~d po:~c~ form, in a sum aHpro•ed bt tha htOR~GAGEf. a~~d w~ndsro ~niurante in the uwal st,~ndard pol•cy form, in s wm approved by ihe MORTGAGEE, in such company or co:npan:es as the h10RTGAGFE m d~recr, and all fire ar,d w~~ds~orm insurance policies on any of aa~d b~,~~d~ngs, any interest therein or part thet.l.o1, in the aggregafe sum afo~esaid in ezcess thereof, shall :ontain ~he uswi standard mortgagee dause w s~ch aher clause as ~he Mortgagee may requ.re, maMing the ioss undrr s:+~d po c~rs, each and every, payab!e to said AIJRIGAGEE as ~ts interesl may appea~, and each and eve:y such po~iCy shail be prortip~ly ass g~~ed a~~d de~~~rred ~ ~ any held by sa~d MOR(GAGEE as furiher szcurity ro sa~d mortgage debf, and, not tess than ten (10) days in ad.ance of the exp~~ation of each policy, to d~ ~ fver fo said MORTG~IGEE a ienewal thereof, togerhrr with a rece~pt for the premium o! suth renewal: and ~here s+~ail be no G~e or windsro~m insuranc placed on any of said buildl~gs, any interest ~herem or pa~l thereof, un!ess in the form and wi~h the ~oss payab!e as aforesaid; and in the evenl any sun of money becomea p~yable undrr such policy or poGcias said MORTGAGEE shall have the opnon to rec~~~ve and app!y the same on account of the indrbtod ness secvred hereby w to perm;t said MORTGAGORS ro recelve and use if w any pan thrrrof ier ov~_ r F.ur; cs~ s, .•~lii,~,;t ih u: ~3 :.r ~•~~a~~' ing any equrty, tien or riyhl undrr or by virtue of this mo:egage; and in the event sad MORTGAGORS shall !or any rcaso~ (ail to krep the said premisrs so insured, or fail to de~~ver prwnptly any of said poGc:es of insurance ro sa~d MORiGAGEE, or fai: p:omptly to pay tul:y any pre~n~~m ~herefor or in a~y respect fail to perform, d~scharge, execute, effect, complete, co:rply wi~h and ab~de by ~h~s covenam, o. any pan h,reof, sa~d MORiGAGEE may piace a:d pay for such insurance or any part thereof w~thout waiving w aiiecring any op~~on, I~en, equ~ty, or n~h~ undc~ w by v~rtue of fhis Mo~t9agr, and the f~ll amount of eath and every such paymcnt shell tx immediately due and payable and shall brar interest from the date thercof until paid at the tate o1 mne per tenrum per an~wm and to~~thor with such i:~tere:t shali be srcvred by the lien of this mottgage. To permit, tommit or suffer no waste, impai~ment w deterioration of said property p any part lhereof. 5. To pay a!I and singular the costs, charges and expenses, intluding a reasonab!e attwney's iee and cosrs of abst~acts of title, incurred or paid at ~ny time by sa~d MORTGAGfE, because or in the evem of the ia~lure on the part of the said MORTGPGOR to duly, pranpt~y and fully perform, d~scharge. : xecute, effect, comptete, comply wuh and ab:de by each and every the stipulat~ons, agrerments, condiuons, and covenants of sa~d promisse•y note and this n,ortgage any or ei~her, and sa!d costs, cha~ges and expenses, each and every, shall be immediately due and payable; whether or not there be not~ce da ma~d, atrempt ro collect w suit pe~xl~ng; and the full amoum of each and e~my such paymem shall bzar iroerest from the date thereof until paid at the ~,+ie os mne per crntum par a~i~~u:n; and all said costs, charges and expenses incurred w paid, together wah such interest, shall be secured by ihe lian of th~s mortgage. b. That (a) in the event of any breach of Ihis Mortgage or defavlt on the part of tF~e MORTGAGOR, or (b) ~n the event any of sa;d sums of money herein referred to be not prompfly and tully paid within th,rty (30) days next afte: the same severatiy become due an.~ payable, without demand o? natice, or (c) in the event each and every the stipu~a~;ons, agreements, conditions and covenants of sa;d promissory nota and th~s mortgage any or either are not ~vly, promptly and fully performed, d~schargrd, executed, effeUed, completed, compi~ed with and a6~ded Sy, then in e;fher or any such eveM the sa~d ag- ~regate sum mentioned in said promissory note then remaining unpaid, with interest actrued, and all moneys setured hereby, shall become due and pay- aoie forthwith, o~ thereafter, at the opr~on of sa~d MORIGAGEE, as fully and compierely as if ail of thr said sums of money vvere onginatly shpulated ro'Se pa;d on such day, anything in sa.d promnsory note or in this Mwtgage to the contrary notw~thstanding; and ihereupon er thereafter a~ the ophon of s,:d MORiGAGEE, wirhout nohce or demand, suit at law a in equ~ty, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby n,d matured pnw to ~ts instilution. 7. That in the event that at the beginn~ng of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform i~, or to enforce ~:3yment of any ciaims he~eunder, said MORTGAGEE shall apply to the Court having ~w~sd:ttion thereot ior ~he appointmero oi a Receiver, such Gour1 shall Fc;thwith appo~nt a receiver oi said mortgaged property a? and singular, inctud~ng all and s~ng~tar rt,e income, profas, issues and revenues Irom whatever s~ ~rce derived, each and every oF wh~ch, it be~ng eapressty understood, is hereby mongaged as if spec~(~caity se~ forih and described in the g~an~ing and i: ~tendvm clauses herrof, and such Recei+er shalt have all the broad a~d effec~rve funce.ons and powers in anywase entrusaed by a Cou~t to-e iver, and s_:h appointment shail be made by s~ch Court as an adm~tted eq~ity and a matter of abso~ute righi to sa~d MORTGAGEE, and witho~t re(erence to the a~i~~quacy or inadequacy of the value of the property mortgaged or to the so~vency or msolvency of said MORiGAGOR w the defendants, and ihat such ~~••~n, profits, i~co.ne, ~ss~es and revenues shall be appi~ed by such Receiver accord~ng to the lien o? equity of said MORTGAGEE and the practice of such Court. 8. To d~ty, promptly and fully perform, discharge, execute, effect, complete, compty with and abide by each and every the stipulations, agreernents, cunditions and covenams m sa~d promnsory note and th~s mortgage srt fwth. 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, irs suaessurs and assgns, may, wirhout not~ce to the N10RiGAOR, deat wi~h s~ch successor a successor ~n inte~est with reference to this rrortgage and rhe debt hereby secured in ihe same manrter as with N4or:gagor without i~ any way vit~ating or d~scharging the 6lortgagors' liability here- ~~~der w upon the debt hereby secured. No s~fe of. the premises hereby mortgaged and no forbearan~e on ~he part of the IAORTGAGEE or its successors o~ ass~gns and no extens~on of the time for the payment of the deb~ hereby secured given by the MORTGAGEE or its successors w ass~gns, a:~all operate ro re~ease, d~scharge, modify change or aFfect the orig~nat Iia6J~ty of the MORTGAGOR herein, either in whofe or in part. 10. It is spec:f~catly agreed that time is of the esxnce of this contract and that no waiver of any ob~igation hereunder or of the oblgation sN c:,red hereby shafi at any time thereaher be held to be a waiver of the terms hereo( w of the instrumem secured he~by. I l. In add.~;o~ to the forego'ng month!y paym~nts of princ pat and interest requ~red by fhe prom sscry no+e secured herrb{, mortgagor covenants d agrees to pay to mortgagee w~tb each month~y payi~~ent an add~~~onal sum esumared by mortgagee to be equat to 1, 12 of the annual cost of the follow- ,7_ A-Alf rea~ property ta~cas levied or assess=~d agai•~st th~ above described real estate. ' B-Fr~n:~u~ns o~ f~re and w~ndsto~m ir.sura~:ce as nere~n rcqu:red to be carried on the improveme~ts s~t~ate on the above d_scribed premises. C-Pre~n~ums o~ wch mortg~oe guaranty insurar,ce as mortgagee shali-from time to time deem fit to carry on the loan secured hereby. Mortgagee sha'.I 'rom flme to t~me norify mo.rga~or writ~ng of the amount due and payable hereundrr and such- m shall thereupon be due and i ..~,ebte on the dur dare of ~he next month:/ payme:~t and each svccessive month thereaftcr ur,tit mortgagee s1+afl not~fy rtgagor of q change i h ' o~•nt. Such sums sha.l be app!ied by mortgagee to~n-ard the payment of real property taxes, ins~~a~ce prem:ums, d mortga ~y~dnl f w~ance i f . •rmivms. ~ IN WITNESS ':~HER~Of, the sa~d MORTGAGOR ha ereunto set his hand and sea) fhe day and t aforesaa' " - ~ gq~d le~ d dg'.iNe~, ' 1he presence o,% ~ / LC ~ ~ FIIEE AMQ RECORDED ~ C~~ ~ ST.LUC~E COUNTYfIA. Ronnie T. Ciravolo, a single adult ~ RQ.,F~; r.f~'ea~S ~ t~eaq ~ CIEF.K COURT ~ (Seaq ~ ~=~^aa ,-c_ ~ :r~ (Seal) S?ATE OF FlORIOA ~ _ T F _ ~~i 9 9 36 AM'7C 231108 St. Lucie ' JUN Y O - ~ ~ ~ - Befo~e me personatly appeared ROt1rilE T, Ciravolo, a sinc~le aCjilit Jiit ~ifw to me well~ known and known to me to be ~ !h~ ind~vid~al described in and wFw exec~ted ihe fwegoing instrument, and acknow(edged before me that he e:etuted th~ same for fMe ptupOfEa rh_rein expressed. Awd tb~ said------ ~ -w+fa bF ~he yai~ - - ' ~ ~ . _ ~ _.aaavur~r:oo b~a aw lakin-wp+r+N ~w~ apsr~ k~nr l~r se+~ I+~sber.d; aek~wwledgad to~od befwrn+e ?hatil~«c~c~r~said•iw~wqr~~A{Ti~ , ~r 1ar.iy_and w.t6cwiaw~? coirip~?isawr-wwswairn.~aPP?efxns~e+h o~ lear_of roc. L~ hec said-iwsband. ' i~ WITNf55 my hand and offic~al seal this__ 7th _ day of `~unp / .,-A.' _ ~ ~ ~ ~L~~~~= y Notary P~blic in ~d for t tab,pf' l - ; My Comm~ssi eapires: - , r ° ~ Return To: - , ' , First federal Savings b Loan Associat:on " Of F~rt P.,:ce ~ ~ Fort P~erce, Flor~da ~ a ~ ~ This Instrument Prepared By Gary F. Ellwood ~ First Federaf Savings b Loan Association ~ of Fort Pierce Flor ida / TA~F3 ; ~ Checked By~ 1lCC ?N MrMIfNT ~PEAlY. 0 R ~ ~ ,.~u~~.~~E ao~ 203 ~ 458 ~ OItE ON ~g 71-131. 11Ci5 Of 1911. wA~IT 10 C1W' Go. Fl~. ~ ~1~ ~l~rt? Grcun CvuA. ~ j j S ~ ~ ' ~ ~ _ _ . . ~ ~ ~ : ~ ° -~~_t:w'~~~~~~~