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Home My WebLink About1422 To place and continuously kcep on the b~i:dings now w herea(ter ~ituate on said land and on alt equipmenl ~nd personally covered by this mw age, wirA aii p~emiums thereon pa~d in full, (ire iniurancs ;n the usual standard po~icy iorm, in a sum approved by 1he MORiGAGfE, and w~ndato ~nsu~ance in tha uiuat standa.d pol~ty fam, in a sum approved by the MORTGAGEE, in tuch company o~ companiei at ~he MORTGAGEE m d~rect; and alI fire and w~ndstorm insurance poliues o~ any of said build~nq~, any inteaesi lherein or part thereof, in ~he agg~ega~e sum afwesaid in excess ther~f, shall contain the usuat standard matgagee clause or such oiher clause as Ihe Mor~gagce may ftqV~fO, making the Icss u~der sa~d po c~es, cach and eve~y, payab~e to said A10RTGAGEE as its interest may appear, ~nd each and every such po~icy thall be promptly ass gned and delivered ~ eny held by sa~d MORiGAGFE as iuriher srcuri~y ?o said morigage debt, and, ~ol less than ten (10) days in advance oi the expiration of each pol~ty, to d~ I~~e~ to said MORTGAGEE a renewal the~eof, toge~her with a ~eceipt io~ the p~emium of such ~enewal; and there shall be no f~re or ~vinds~orm insuranc placed on any of sa~d buifd:ngs, any interest thero~n or parf thereof, unless in the form snd with the losa payabfe as aforesaid; and in the event any sun of money becomet payable under such poiicy a pol~cies said MORTGAGEE shall have the opt~on to receiva a~d app!y the sanx on account of the indebted ness secured Aereby or to permit sa~d MC~RTGAGORS lo receive and use it or a~y par? thereo( for ot~+_•r purposes, v.itho~r ~h_~rb~ waivi~ig or ~n,poir- ~~g any equ~ty, lien w riyht undrr or by virtue of this mo:tgage; and in Ihe event w~d MORTGAGORS shall fa any reasw~ fail to keep ~he said premisrs w ~ns~red, a(ail to deliver promptly any of said policies of insurante 1o said MORTGAGEE, o~ fail promptly to psy fully any pre~»evm therefor w in any ~espect (ail to perto~m, d~scharge, execute, effect, complefe, comply with and abido by tbis cove~ant, or any part he~eof, said MORTGAGEE may place and pay for such insurance or any part thereof without waivi~g or alfating any option, lien, equity, or right unde~ or by virtue of ~his Matgape, and the fu11 amount of each and every such payment shatl be immediately due and payabie and shalt bea~ interest from tha date thereoi unti! pafd at ti?e ~ate oi n~ne per centum per annum and together with suth i~terest shall be secured by the lieo Of this mwtgage. 4. To permit, commit w suEfe~ no wasle, impairment or dNer'roration of said property or a~y part thereof. S. To pay all and singular ths costs, charges and expenses, including a reasonable attorney i feo and costs of abstracts of title, incurred w paid at .~ny ti~ne by aa~d MORTGAG',E, betauu or i~ the event of the failure on the part of the said MORiGAGOR ro duly, promptly and fully pe~lorm, d~uharge, ax..,cute, efieu, complete, comply w~th and ab:de by each and every the atipulations, agreemeMS, conditions, and covenants of said prpmissory nole and ~his .,:orrgage any or e~ther, and sa~d costs, charges and expenses, each and every, shall be immediately dve and payable; whether o~ not there be ~otice dr mand, aftempt to collett or suit pending; and the tu)1 amount of oDCh and every such payment shall bear interest from the date thereof until peid at Ihe r~fe oi n~ne per cantum per annum; arx! all said costs, charges and expenses incvrred w paid, togethe~ w~th such interest, shall be secured by the lien of thii ~nortgage. 6. That (a) in the event of any breach of this Mortgage w detault on the part of the MORTGAGOR, or (b) in the evenT any of sa~d sums of money hrrein referred to be not pranptly and fully paid within thirty (30) days next after the same severalty become due and payable, wi~hou~ demand a notice, or (c) in thz event each and every ~he stiputations, agreements, conditions and covenants of sa~d p~omissory note and th;s mortgage any or either are not ~~ly, promptly and futly performed, d:scharged, ezecuted, eifeded, completed, complied with and abided Sy, theo in either w any such event the said ag~ ~~egate sum mentioned in said promissory note then remaining unpaid, wilh interest accrued, and a11 moneys setured hereby, shall become due and pay- aete (orthwith, or the~eafte~, at the oprion of said MORTGAGEE, as fully and completely as if all of the said sums of money were aiginally stipulaled to be pa!d on such day, anything in sa:d prom~ssory note or in this Mortgage to the contra?y notwi~hstanding; and ~hereupon or lhereaite~ at the op~ion of s~!d MORTGAGEE, without notice o? demand, suit af taw ot in equity, therefore or thereafter begun, may be prosecuted as if aU moneys secured hereby hod matu:ed pr~w to its institutEon. 7. That in the event that at the beginnirg of or at any time pendirg any suit upon this Mortgage, or to foretlose it, w to reform it, or fo enforce payment of any clai~ns hereunder, said MORiGAGEE shalt apply to the Court havSng jurisd~ction thereof fw the appointmenf of a Receiver, such Court shall fcrthwith appoint a rece~ver of said mortgaged property all and sirgular, includ~r~g all and singular the income, p?of~ts, iuuts and revenues from whatever s~urce dr.~ved, each and every of wh~ch, it being expressly understood, is hereby inongaged as if spec~fically set fath and described in the g~anting and hat,endum dauses hereof, and such Receiver shaN have al! the broad and_effective functions and powers in an~rwise entrNated by~a Court to a Receiver, and s_:h appointment shall be made by such Court aa an admitted equity and a mat~er of ahsolute right to sa~d MORTGAGEE; and. withoul refer_nce to tha a:.'equacy a inadequacy of the value of the property mo.tgaged « to the sotvency w insolvency of said 14lORiGi~GOR oi fhe' delendants, and ~bat such re:~rs, pro(~ts, incane, issues and revenues shail be applied by such Receiver kcording to the lien or equity of, ~~id 1NORTGfK'aEE and the practice of such Court. 8. To duly, promptly and fully perform, diseharge, execute, effect, cemptete, compiy with and abide by each and tvery the stipvtations, agreements, conditions and covenanrs ;n sa~d promissory note and this mortgage set fw1h. 9. That in the event the ownership of the mortgaged premises, a any par~ thereof, becomes vested in a person other fhan the MORTGAGOR, the h".ORTGAGEE, irs successws and assigns, may, wifhout notice to the MORTGAOR, deal with such succeuor o~ succeasor in interest with reference to this ~~xrgage and the debt hereby secured in the same manner as with Mortgagw without in a~y way vitiating or diuharging the Morigagors' liability herr c,~der or upon the debf hereby sxured. No sale of the premises hereby mortgaged and ~o fwbearance on the par~ oi the MORTGAGEE o? its successon or assigns and no exte~sion of fhe time for the payrr~ent oi the debt hereby secured given by tne MORTGAGEE or its svccesso+s or ass;gnS, a,'wU operate ~ ro re!eaae, d~scharge; madify change or affect tie orig~nal liabitity of the AM1ORTGAGOR herein, either in whole or in part. 10. It is specificatly agreed that time is of the essence of this contrad and that no waiver of any obiigation hereunder w of tho oblgation se- cured hereby shali at any time the~eafter be held to be a waiver of the terms hereof p of the instrument secured herby. 11_ In add,tio~ to the forego'~u~ monthty payments of princpal and interest required by the promissory npte secured hereby, mortgagor covena~ts ~:~d agrees to pay to mo:tgagee wi:h each monthly ~aymeM an add~iional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- A-All reaI property taxrs levied or assessed against th~ above described real estate. B-Frem;ums on (ire and wirtdstorm insurance as here'~n iequ:red to be carried on the improvements situate on the above described premises. C-Premiums o~ such,mwtgaqe guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. y Mor!gagee sha~l from time to time notify mortgagor in writing of the amount due and payable here~nder and such sum shall thereupon be due a~d :;ab'e on the due date of the next month:y payment and each wccessive mortth thereafte~ ur.til morfgagee shall notify mortgagor of a change in such ,~,~unt_ Such sums sFa:i be applied by morlgagee toward the payment of real propeny taxes, insurance prem:~ms, a~xl mwtgage guara~ty insurance p'f:miLmS. ~ - IN WITNfSS ~IHEREOF, the said MORTGAC,pR has hereunto set his hand and sea{ the day and year fint aforesaid. Signed, Seated and deiivered in the pr~sente of: . sn ~ e Bet Jean Conville a sin , . _ adu2t ~SeaQ _ ~Sea4 ~ ATE OF FLORIDA ~ CDUNTY Of St. Luci.e 1 BCfOI! trlG (7Etspfldlly dP~btCd . gettV Jean Conville~a sin..gle adult a„d ~ his wife, to me well known and known to me to be rhe ind;v~duat~ descr~bed in and who executed the foregang instrument, and ac{cnowledged before me that !hy executed the same fw the purpous rhe~ein expressed_ ~lattsis3af~ ' a~dmmm~3aR~C~~~t~ASi~er=ae'~i ~+eKlrsoeF. °~~rit~~ ,~r,'1 ~OOd~dgB~~ii~~$a1i3~liiFill~~~FIRB~iii F~i3Ra190.~l~ ~Rsq~iF ! c~4:1t~l~b~iri~l~ar~arCme~~~*'~_~-~~~ata!"~~ ~~q~pp~ ~ ; i~ L - ~ 215t - WITNESS my hand and off;c;al seal thi: dsy of July ti`~~~ •'••~q. ' ~ J . ! otary Public in and for the State iqr ; 1~--_ : , y Commission expirs: ~r ' - ` Return To: . • {~t , 4 ~ , ' ~ Fint federal Savings b loan Association ~ e` _ Of For~ P~erce. YOT~RT PI.!?:i~ Z?(,~D~ ~~R~t Fort Pierte. Fbrida ~ ~f`~ ~'~~',_1;`~~N~J~~:~ ,,`t,_~'3C t:l$ ...,aded 7't,,a i,c:~.r;.e !l~~:tiC4~~4j i:,. ~lA~t:tara. / AMB , r This Instrument Prepared By Joh1'~ W. Colli=ts ~ First Federa{ Savings 8 Loan Association ~EA V01rRA t' ~ of Fort Pierce~ Florida CLERk GlR~UfT C+D~ ~ ~ao+to vta~r~ce,r.~•••-- + Checked By - ~ Z S~ 0 R ~a~ 20~ P~1~2i 2~ss ~S ~ , - - . _ ~ ~ - : _ _ ~ -