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Home My WebLink About2739 i To pl~ce and continuous~y keep oo the bu~'d~ngs now or hereafte~ fituate on said land and on a~~ z~q~ipment and personally cove~ed by Ihis mo~ age, wirh al) pren:~un:s ~h~reon Na d~n f~ll, Gre ~~aurnnce m ~he us~ai uandard poi~cy form, in a w~n aF,~ro~rd b~ the h1pR~C,AGEE, and w~ndsro ~nswante in tha us~al srand~rd po:.cy fo~m, in a sum approved by the MORTGAGEE, in such compa~~y ot cori,panles as the M02TGAGEE m duect; and aU fire a~.d w~nJsiorm insurance poGues on any of sa~d buiid~ngs, any inte~~a~ ~herein or par~ thereuf, in the a~y:egare sum aforesald in exceas ~hzrcwi, shat( ;om,in ~he u:ual sta~~d~rd morrgagee clause o~ sutb othe~ clause as the Mortyayee may reyu.re, ma4ing tl~e ~oss undr~ s~~d po c~es, each and every, payab!e to sa~d MpRiGAGEE as ~ts ~n~~rrst may appear, and each and every iuch p~~cy shall t,e prompUy assgned and de~ivzred : any held by sa~d h10RfGAGEE es fur~her sec~rity to said mongage debt. and, not less than ten (10) days in ad~~„ce o1 thp expirat~on of each policy, to d~ Gver !o said MORTGAGEE a rrnewal thereof, fogether vrith a reteipt ior the pre~n~~m oi iuch reneaal; and there shali be no Lre or w~ndsw~m insuront p!ated on any of said bui"d~ngs, any interes~ ~herem or part thereof, unless in ~he iorm and wnh the toss payabte as aforesaid; and in the event any sun of money becomes payabfe unJrr such poliq or pol,c~es said MORiGAGEE shall have the opt~on to recrive and app'y thr same on account of the i~~dabtrd ness sec~red hereby or to perm~t se~d MORTGAGORS ro recaive and use it or any part the:~-of ir.r o:n• r y,u~; osrs, :.~H~_:t th y~ lv..~.~ o~ ~~r~p~i~ ~ng any equ~ty, Ilen or r~ght ~ndrr or by virtue of this mor'gage; and in rhe eveat sa:d MORTGAGORS sh~l! .'or any reason fail to keep the said promises so insured, o~ fail to deliver prwnpt:y any of said pol~eies of insurance 1o sa~d MORIGAGEE, or f.;ii pron,ptly to pay f~liy dny pre:ni~m therefor or in any respect (ail to perform, d+scharge, execute, effect, completr, comp4y wi~h and ab~de by thia coven~nt, or any part hrreof, said MGRTGAGEE may p~ace a~~o pay For such insurance or any part ~hrreo! w~thout waiving or aff~ting any option, lien. equity, or r~ghi under o~ b~ vir~ue oi this Mortgage, and the tuli amo~nt o( each and eve~y such payment shall be immediately due and payabte and shall brar interest f~om ~he date thereof until pe~d at ihe rate o~ ~ane per centum per annu:r and to3~~h~v ~nrth wch inreres? shai+ be sewred by t}x lien o~ th%s mortgage_ J. To permit, commit w suf(er no waste, impairmen~ w deterioration of said prope~ty or any part thereof. ~ S. To pay all and singular the costs, charges and ex{xnses, including a?easonable attor~ey's fee and cos~s of absfracts oF tiNe, i~curred o~ pa~d af a~y time by sa~d MORTGAG:E, beanus~or ;n the eve~t of the tailure on the part of the said MORiGAGOR to duly, promptly and futty perform, d~scharge. ' ~xecute, effect, canptete, compty w~th and ab:de by each and every the sr;pular;ons, agreements, co~ditions, and cove~ants of said prom~ssory note and thi• ~~ortgage any or e~~her, and sa:d costs, charges and expenses, exh and every, shal~ be ~mmediately due and payable; whether a nm there kx not;ce dr «:and, anempt to collect or suit pe~d:ng; and the full amount of each and every such payment shall bea. imerest f~om !Ae date thereof until paid at the ~ m o~ n~ne per ct•ntum per an~w:"; a~r.: a1i sa~d costs, charges and ex~enses incurred or paid, togrther wah such interest, shall be setured by the Iien of th~s mortgage. 6. That (a) in the event of any breach of this ASertgage or defaull on the part of the MORTGAGOR, or (b) in ~he evenf any of sa;d s~ms of money t,erein retencd to be nof pro,nprty and tully paid within thuty (30) days next after the same severa~ly become due and payable, without demand or notice. cr {c) in thz event each and every the s~~puiat~ons, agreements, cond~tions and covenants of sa.d prom;ssoiy note and th~s mortgage any or e~ther are not iu:y, promptfy an3 i;,11y per/ormed, d scha.ged, executed, effected, complered, compi;ed wirh and ab~ded Sy, then in e~ther or any such event the sa~d ag ~~egate sum memioned in sa~d promissory note then remaining uopa~d, with intere>t accrued, and att moncys secured hereby, shall become due and pa~r ab:e forthwith, o. thereafter, at !he cprion of said MORTGAGEE, as fully and comptere(y as if att of rhe said sums of money were or,g;nally snpuiated :o be pa~d on wch day, anythiny in sa.d prom~ssory note or in this Mortgage to the contrary notw~ihsiand~ng; and ~hereupon or thereafter at the op~~on of sr.;d MORTGAGEE, without not~ce or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby n~d matured pr~or ro its i~stirut~on. 7. That Fn t}~e event that at the beginn;ng of or at any time pendi~g any su~t upon this Mc,rtgage, or to foreclose it, or to reform it, or to enforce ~ayment of any tlaims he~eunder, said MORTGAGEE shall apply to the Cour~ havi~g ~urlsd;ct~on t6ereof for the appomtment of a Receiver, such Court sfiait tc~thwith appoEnt a rece~ver of sa~d mortgaged property a17 and s+ngvlar, includ;ng ail a.,d s,ngu:ar the income, prohts, issues and revenues irom whateve? source derived, each and every ot wh:ch, ~t being expressty unde~siood, is hereby morrgaged as if specificalty set forth and described in th~ granting a~d hsbendum clauses hereof, and wch Rece~ver shafi havr a+l the broad and effect~ve funct ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appoinrme~v sha? be made by svch Court as an ad~niired equ~ty and a mattpr,~of absoiute right to said MORTGAGEE, and wi~hou? reference to the ad~quvcy or inadequacy of ~he val~e of the property mortgaged or to ~he so~vency'or ;nso~vency of said MORiGAGOR or the defendams, and that such r~,•~es, pro4its, inco~na, issues and revenues shatl be appi~ed by such Receiver acco~d~ng to the tien or equity oi said MORTGAGEE and the practice of such Court. 8. To du!y, promptly artd fully perform, d~scharge, execute, effect, complete, comply wi?h and abide by each and every the stipulatio~s, agreements, cond~tions and covenants ~n sa~d oro;nissory ~ote and tA~s mortgage ser forth. 9. That in the event the ownershtp of thc mortgaged p~emises, o~ any part thereof, becomes vested in a perso~ other than the MORiGAGpR, the h'.~RT(;AGEE, its suaessors and ass:gns, may, wiiho~t nonce to the h10RTGAOR, deal with such successo~ w successor in interest with referente to this , o~~gage and rhe deot hereby secured in the same manner as with ,'dort3ago+ without in any way vit~ating or d~scha.ging the Mortgagors' liability here- der or upon fhe de6~ hereby secured. No sale of the premises hzreby mortgaged ard no forbearance on the part. of the lAORTGAGEE or its successors o~ ass~gns and no exte~sion oi ~he t~n,e for the payment of the debt hereby setured given by the MORTGAGEE or its successws or ass~gns, atialt operate ~o re!eese, d~acharge, mocl~fy change or affea the orig~na! liao,l~ry of the MORTGAGOR he~ein, either in whole or in parf. 10. lt is spec:fica!~y ag,~~d that time is ot the easence of this contract and that no waiver of any ob~~gat~on hereunder or of the obligation se- cured hereby sha~i a~ any tin,e :hereatter be he:d to be a waiver of the terms hereol w of the instrumem secured herby. I 1. In a3d.t:oa fo the forego n9 month!y µaym~_nts of pri:;c pat and intere:t req~~red by the prom sscry no!e secured hereby, mortgagor eovenants ,~,d agrces ro ;wy ro~*:orrgag.:e .+nh each momh~y pay,,,enf an add~rional sum est;n,a~eJ by mortg~gee to be eq~al to l; 12 oi ti,e an;iual cost of the folfow- :y: A-Al! real property taxas le•+ie~ or assens_d a~a1•~st thc abave desvibed reat estate. 6-Pr~rr~,~,,~ns on f~re ar.d w~ndsto:m insurar.ce as herein requ:red to be carried on the tmproveme~ts s~tuate on the above d_scribed p~emises. C-Premwc~.s eo such mortg::ge g~aranty ensurar,~e as mortgagee sball from t:me to time drem fit to carry on the loan secured hereby. IAortgagee s~a~l !rem t~me to tune notlfy mo~tyagcr in wrinng of the amount d~e and payable he~eundrr and such su:n shall thereupon be due and .~;able on the due da~e of the neat monrh!y payment and each successrve mo~th thereaft~r u~,ti{ mcrtgagee shall not:fy mortgagor of a change in such o~nt. Such surns sHa;l be api~!ied by mortgag~e roward the payment of real property taxes, insurante prem:ums, a~id mortgage guaranty insurante ~ e~nium5. IN L'~ITNESS ':+'HER~Of, the sa~d MORTGAGOR has hereunto set his hand and seat the day and year first aforesaid. S~gned, Sealed and deiivered in the presence of: ~ ~ ` ~ J~ • cSea~~ ohn B. GIa2e ~~a~~ - - _ Eveiyt~ E. G1 aae ~s~aq . (Seaq S~ATE OF ~LORlDa ~ ' ~JUNTY OF St. Lucie 1 Before me perwnally appeared John B. Gl:"; Z~ a~ _ f;VE'1~/fl f:. Cilcl2e his wife, to me well known and known to me to be th~ ind;viduats described in and who executed the foregoing instrument, and acknowledged before me thai they executed the same for the purposes r};erein expressed. And the said ~=Vely1'1 Glaze n!fe of Ihe ~~d _John Q. GIa2e , upon a separate a~d private e.am~nat~on by me_ ta~en sepa~ate and apar~ from her said husband, acknowledged to and before me thal she e~eecuted said instrument freely and volun- '~~~ly and w:thout any compulseon, cons~rairo, appreh s~on, r fear of w from her wid busband. - WITNESS my hand and offic;al seal this__ ~ da of Jutle Y A. D. 19 ~ 2 Not ublic in and for Stste o rida gn M mm'~ssion expi? : ~;~~T;.~;~. ~ , ; ` ~ i Return To: ' ' °vr ('?~`~A at lAR^E " tAY CO'...~. First Federal Savings 3 loan Associat;on do„4+d " -a ?3. :37~~_ Of Fort Prrce. Iti4•d•ce U n0er*~~te~. Fcrt Pic'rte. FlG.;[Sa ~ •,'~'r ~ f1LEa a~~~ 'vUNTY FL~- ~ . . - . St- R4GF:, pp1~RA5 L This Instrument Prepared By ~ohn W. Collins~~E~~`~F~;rU~ C~~R tF ~ First Federal Savin s 8~ Loan Association FtFCCR_ of Fort Pierce ~ F lo r i~? a ~~t 3 ~ 14 PM ~ Checked 8y .,c~-__ 23262 J ~o~K~OJ PAGE2739 ;S _v~~ _ ~ , - _ - ~ - . _ ~ F~.~..,