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Home My WebLink About0974 3. To p~ace and continuovsty keep on the bu~'d~ngs now or her~after s~~uate on sa~d ta~xi and on at7 equip~nero and pe~sonally covered by this mot age. w+7h all prem;urns fhrrcon pad in fuil, f~re ir.su~ance in thr usual standerd po'icy torm, in a s~~» a~.pro.td by thr 1.109~1,AGEE, a~~d w~nds~o ~nsurance in the usual standard po:~cy fam, in a sum appro:ed by ~he MORTGAGEE, in such co~npa~~~ or compa~~es as thr MORTGAGEF m d~recl; and dit ti~e and w~~dsrorm :nsuranca po~+c+es on any o! sald bu~~d~ngs, any inrerest Iherein or part fhe~eof, in ~he aggregafe w~~ aSoresa~d in excess thereof, shaU contain the uawl standard matgagee dause or such o~htr tiause as the Mortyagee may requ.re, making thr ~oss ~nde~ sa~d po c~es, each and every, payab~e to said h~ORTGAGEE as ~ti intertst may appear, and each and e~e~y auch po~;cy sha!! be p~ompfly aas g~~ed and detivrred_ t any held by said MOR(GAGEE as (unhar setwity to sa~d mortgage deot, and, no~ less ~han ten (10) d3ys in ad:ance of the expn~e~on of each po~~cY. to d~ I~ver lo said MORTGAGEE a rrnewat thereof, 1oge~her with a receipt for the premium of wch ~enev.a!; and ~hrre shail br no I~re o. wi~~dsro~m insuranc ptaced en any of sa~d b~~~d~~x~s, any inte~rs? ~here;n a pari thereof, unless in the (onn and w~th fhe loss payable as aforesa~d; a~d in the evenl any s~n of money becomes payable under such pol~cy er pol;cies3a~d MORTGAGEE shall have the opt~on ~o rec_~~e s~~d app!y ~ne sa~ne on acco~nt of the indrbt~d ness secu~ed hereby o~ to permit sa~d MORTGAGORS to receivQ and use it or any pa+t the:rol tor o:~~_r H„~r ;;a.~s, ~:ni,.out ih_~. u; ,r_~.;.:3 0~ u~~p,.n ing any equ~ty, Iien w right under or by vi~tue o1 this mo~rgage; an~ in the eve~t sa:d MORTGAGORS shall :or any reawn iail to kecp ~he :a~d prem~sas so insu~ed, or iail lo deGver promptly a~y of s~id pol~ciei of insurance fo aaid MORiGAGEE, or fad p:omptly to pay iu~iy any pre~r,ium the~afor oc in any respect fail to pe~(orm, d+scharge, executr, effett, complete, comply with and ab~de by th~s covrnant, or any part hrreof, seid MORTv~GEE may piace a~d pay for such inw.ence or any part thereof wnhout waiving w aifecti~g any opt~on, lien, equ~~y, or r~gM undsr w by v~r~~e of thls Mo~rgage, and ~hc full amounl of eath and every such paymant shatl be immtdiately due and p~yable and shall brar interest from tha date thcrcof until paid at the rate o1 n~ne per cent~m per annum and to~rthr~ vcith such interest shaii be srtured by the lie~ of th~s mortgage. 1. To permit, commit or suffer no waste, impairmenf or deterioration of sa~d property w any part thereof. 5. To pay all and sing~lar the costs, cha~ges and ezpenses, i~cluding a ~easonable attwney's fee and cos~s of abitracts of titte, incurred or paid at a~y time by sa~d ti10RiGAG:E, beca~se or in the event of fhe failure on Ihe pa~f of the said MORTGA(,OR ~o duly, promptly and fully pe~form, d~scharge. aaecute, effet~, cdr,p;ete, comply w~th and ab.de by eath and every the stipulahons, agceements, to~diuons, and co.enants of said p~omissory note and ~hu •~~or!gage any o~ e~ther, and sa:d costs, charges and expenses, each and every, shall be immed~ately due and payablz; wherher p~wt ~here be nonce dr mand, attempt to collect or wit pend;ng; and the full amount of each and every such paymem ihall bea. interest from the date thereoi until paid af the r,:rc o~ n~ne per ~rntum ~,er an~w:n; and a11 said cosis, chargzs and ex, enses incurred or paid, together w~th such i~terest, sball be secured by the I~en of th~s mortgage. b. Tha? (a) in 1he event of any breach of ~his Mortgage or defauit on tF+e part of the MORTGAGOR, or (b) in the event any of satd sums of money herein referred to be not promptly and fully paid within th~rry (30l days next aiter the same severaily becorne due and payable, without demand or notice, or (cj in the event each and every ~he stipuiatio~s, agreemenrs, co~itions and covenanrs of sa;d promisw~y ~ote a~x1 th~s mor~gage any or either are nol ~u1y, promptly and fully performed, d;uharged, executed, eifected, compteted, complied with and a6~ded 5y, then in either o~ a~y Such event the aaid ag ;,~egate sum menrioned in said promissory ncte then remaining unpaid, with intere;t accrued, and a:i moneys secured hereby, shall become due and pay aoie forrhwith, or the~eafter, at the opt~on of se~d MORTGAGEE, as fylly ~and completely as i1 ail of ~he said s~ms of money were or~gina;ly st~pulated ro be pa:d on sucfi d~y, anything in sa:d prom~ssory note or in this Mortgage to ~he con~rary no+w~~hs~and~~.g; and ~Fu:revpon or Ihereafter a~ the op~~on of ia~d MORiGAGEE, without norice er demartd, suit at !aw or in ~quify, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby n,d matured pno~ to its instrtution. 7. Ihat in the event that at the beginn~ng of w at any time pend"+ng any suit upon this Mortgage, w to ioreclose it, or to reform it, or 4a enforce pavment of any claims here~ndar, said MORTGAGEE shall apply fo the Court having ~urnduion ~hereof !or the appo~ntment o1 s Reieiver, such Cou~t shall icrthvvirh appo~nt a receiver of said mortgaged property all and sing~lar, includ:ng all and s~n9uiar thp intoMe, p~oiils,'issues and revenues irom~whatever s: urce derived, each and every of wi,~ch, it befng expressty understood, is hereby mor~gaged as if spec~ticaity set forth and described in tht grant~ a~d h;uendum ctauses hereof, and wch Receiver shali have alf the broad and effeceive funcf,ons and powers in anywise emrwted by a Cowt to a Qec~iver, and s. ch appoentment shall be made by such ~ourt as an admitepd equity and a matter of absolute r;ght to said MORTGAGEE, a~d without reference to the adequacy or madequacy of the val~e of rhe property moregaged or to the so~v~ncy or ;nso:vency o( sa~d MORiGAGOR a the def,;ndams, and that such ~e~~rs, piqiits, incane, issves and revenues shalt be app:ied by such Receiver accord~ng to the Gen or equity of said MORiGAGEE and the practice of such Court. 8. io du~y, prompt:y and fut~y perform, discharge, execure, effecr, complere, con,ply wirh and abide by each and eve~y fhe stiputarions, agreements, ccrd~tions and covenants in sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownersh~p of the mortgaged premises, or any part thereof, becomes vested in a per~n other than the MORTGAGOR, the ~RTGAGEE, its successors an~ asslgns, may, withput noLCe to the MORTGaOR, deal with such successor ot successw in interest w+th refe~Pnce to th;s ~~ortgage and the debt hereby secured in the same manner as with 1lortgago~ wit!UUt in a~y way vitlating pr d~scharging the Mortgagors' liability here- ~~,der or upon the debt hereby secured. No sale of the crem~ses hereby mortgaged and no forbearance on the par~ of the tnOR7GAGEE or its successon c. asz~gn= ard no extension of rhe time for rhe payment ot the debt he.eby secuied given by the MORTGAGEE or its successors or ass~gns, a~iall operate io re!zase, d~scharge, modify chang@ or alfect the original Iiai~:Gty of the M.ORiGAGOR herein, either in whole or en parf_ 10. It is speuficaSly ag.eed that time is of the esse~ce of this contract and that no waiver oi any obt~get~on hereunder or of the obligation se~ c~red hereby shat~ at any time rberraiter be heid to be a waiver of the terms hereof w of the instrument secwed F~erby. 11. In aod.r:on to the forego ng ~r~omh!y payn,ents of pri;u pal and interest requ~red by the prom sscry no'e secured hereb~, mortga~or covenants +~~d aqrees to pay to n:o+tgagee v.~:h each n,onrh y payr.:ent an add~sional s~m ~st:n,ated by ~zortgagee to be equal to 1, 12 of tile ann~al cost of the foHow- ~ ,g: A--Aff rea! property ta,ces !ev~=d or assesscd ag~~•isr rh~ above describcd rea! esta~e B Pr ~~:~ums on fire and windstorm inwracce as here~n req~;red to be ca~ried on the ~mproveme~ts s~tvate on thc above described premises. C-Pre,niums On such mort~.,ge guaranty insurar,ce as mortgagee shdll fro:n t me to t~mc d~em fit to ~arry on the loan secured hereby. Mo~tgagee shoil ~rcm cim~ to tin:e nor~f~• mortyagor in writing of 7he amou~t due a~d pa~abte hereundar and such wm shail th~reupo~ be due and . ~yable on the d~e da`e of the neYt moath:~ payment and each sUCCessive month thereafter ~r.~il mortgagee shatl notliy rrror~9agor o4 a change in wch ~ ount. Such sum: sha.l be arp:~ed by mortyagee toward rhe payment of reat property taxes, insvrance prem.ums, a~~d martyage guaranly insurance ~`•erniums. - 1N L'~1TDJESS :.'H:REOF, the sa~d MO SGAGOR has hereunto set his hand and seal the day an ~la first afor ic;/ Signed, Seated and del' r ~n th pres nce of: ~//fG/L ~~l'~ `[-G ~/V [~~(anue~ ~`.~ui ra W ~a~ - ~-L.' t~ tc (Seaf) ~-.s" _ Hazia Celia gu' era ~~an ~ - (5eat? S~~TE OF FLORIDA ~ ~OUNTY dF $t. L.UCl@ ~ 1 Befwe me personaity appeared ~nll~l F. Aguilera I~dZld Celia Aauilera h~s wife, to me well known and F3~own 1o me to be ~nd~viduaSs described in and who executed the foregoing inshument, and acknowtedged before me that they exewted the same for tM •pvrposes rherein expre:sed. And the said_ ~rld Celia Aguilera . f _ Manuel F. A uilera r:: e o~ the said _ 9 e.am!~at~on by me taien separate and apart from her said husband, stk~owledged to and before me that she executed said inyti~tyeii ~ rq1~'~od vOlyA- °-:~y and w~thout any cornpufs~on, co~straim, appre og~or fear of or from her said busband. V WITNESS my hand and off~c~al sea~ t6i~_ _ ' day of 1~ _ - `D.^i9~_ / ; ' w N tary Public in and r f Stat 6~ F ~1 Comm~ssion expires: Retum To: `"3'1 ~3- ~ y ~ •4 . First fede~sl Savings 6 loan Assotiation J r~:~': , • Of :,rt P c ~ce Furt Pierce, F:~r~da FIlEO ~'~~:;t."tY F~1.A. 51~ a~~ <<,.~';'.; "RAS 1 CLEF.ti ~J~t COUIIt , Th~s Instrument Prepared 6y; Richard K. Kayes pFf~R^'~r~'c f^ First Federal Sav:ngs 8 Loan Association of Fort Pierce ~ F:.oxida ~ t~ ~ 49 P~ ~ ~ Checked By~___-_ 2~]14~+~' a7 BG0~1(~VJ PACE 9~~ ~ - ~ ~ ~ ~ , . 'Ili'~~ ~ ~ , " ~.~"~W .t a -_aSy4~r~'~