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Home My WebLink About2140 , , • 3. To p!atc and continuous~y keep on the bui'dings now or hereafter ~ituate on said land and on al~ cq~ipmeM and personally tovered by this mo? age, w th all prrn„u•ns thrreon pa.d in f~ll, fire inwrance in ~~e ~wal sta~xia~d po~~cy ~Orm, in a s~m aNpioved by tht MOR~G.:GEE, and wi:~Jsto ~nsurance in ~ha usual s~a~~da~d poi.cy form, in a sum approved by ~he MORTGAGEE, in such company or canpan~es as ~he 610RTGAGEE m d~reth and all fire ar.d w~ndstorm insurante poiities on any of sa~d build~ngs, any interesl therein or part Iha~eo~, in the ag9~~gate su~n atoresaid in excrss thereof, shall :o~uain the usual s!andard mort9~gte dause or such other clause as the Mortgagee may tequ~re, making the wss v~~dar sa~d po c+cs, eath and eve~y, pay~5ie to said ~lOR1GAGEE as ~ts iNCrost may appea~, and each a~d every suth pouc~ s~~a~~ be pramp~~Y ass g~~rd and de:iv~red : any hrld by sa~d 1~10R(GAGEE as {unher secu~ity to said neortgage debt, and, not tess ~han ten (10) days in ad.•ance of ~he expirat~,x, of each poGcy. ~o d. l~ver to sa~d AIORiGAGEE a re~~ev~al thereof, toqeihrr with a rece~pt for tha premium oi svch ren~wal; and there shatl be no f.re o~ w~~~dstw~n ins~rant ~~!nceJ on any oi sa.d 'uui!dh~ys, any irocresl Ihere~n or part thereof, un!ess in the form and w~th the lo;s payablc as aforesaid; and in the event any sun of money be:o:nes payabte under wch policy a pefcies said MORiGAGEE ahall have the opt~on to reca~ve and apN!y tha same on account of the indrbi~d : n~•ss scc~~eJ hcreby or to perm~t safd IAORiGAGORS to receive and use it a any part th•~:eof ror oci,~~~ ~.ur~os~•s, v..ii~ovt ~h~•~.:r .~.:~+~~3 c~ ~~~~P=~~ ti ;ng any eq~~ty, Gen or nght under or by virtue of this martgage; and in the evem sa:d MORTGAGORS sh~tl Eor any reason fail to kcep the sa~d premises so ~ris~r~•d, o~ fail tu d~livcr promplly any of sald pol~ties of insurante to said MORTGAGEE, or fa~t p:on,pfly to pay fu~ty any pre~nium thcralor or in any resF:,;ct i3i~ to perform, d~s:ha~ge, execute, effect, comptete, comply whh and ab~de by th;s covenan~, or any part hamof, said MGRTGAGEE may p~ace a~u for such ins~~,~nce or any part therzof without waiving or aifecting any option, lien, equ~ty, o+ n~ht under or b~/ virtue oF this Mo~~gage, and ~he t~fl a~noun~ of each and e~ery such paymeM shall be ~mmediately due and payable and shall bear interes~ from Iha date thercof until poid at the rate ol ; ~ ~:,e per c_n~urn per annu:n .,nJ to~_thar with such inte:rst shali be sacured by the lien of th~s mortgage. S. To permit, commit or suffer no waste, impairment w detcrioration of said property or any part thereof. 5. To pay all and s~ngular the costs, charges and expenses, in:luding a reasonable Jtlp~neV~S fee and costs of abstracts of titie, incurred or paid at ~~,y tl~r,e by sa:d MORiGAG:E, because or in the evem of the fa~lure on fhe pan of the said MORTGAGOR to duty, promptly and futly parform, d~scha~ge, _a~tute, rfied, co~np(ete, comply wrth and ab;de by each and every the stipula+~ons, agreements, contlitions, ant~ tovenants of said pro+n~ssory note and this ~,o•rgagc any or e~iher, a~~d sa!d costs, charges and expenses, each and every, shall be immediately due and payable; whether or nof there be nonce ds ,.,,nd, attempt to ceiiect or suit pend~ng; and the full a~raunt. of each and e~ery such paymem sha~l bea. interest from the date thereof until paid a1 the ~ o' ~~~ne per cantum E~er annu:.r, ~~~c: ail said costs, charges and expn:nses ~ncurred or pa~d, togather ~v~th such interest, shall be secured by :he I~en of th~~ T.ortgage. 6. That (a) in the event of any breach of this Mortgage or default on the part ol the A10RTGAGOR, or (b) in Ihe event any of sa:d sums of rrwney h.•rein refcrrc~d to be not promptly and (ully paid within th:rty (30) clays next a?ter ~he same severa:ly become due and payable, without demand or nouce, cr (c) in thr event each and every the stipu(ations, agreements, conditions and covenants of sa,d promissory note and th~s mortgage any or either are no1 i~;y, pro:np~ly and futly perfonned, d,scharged, executed, effected, completed, compGed with and ab~ded Sy, then in e~ther or any such evem ~he u~d ag ~~agate wm mentioned in sa~d promissory note then remaining unpaid, with interest accrued, and a~l moneys secured hereby, shatl become due and-pay- iorthwith, or therea4te~, at the opt~on of said MORTGAGEE, as fully a~d completelY as if all of the said sJms of money were ong~naily supu:a~ed +o be pr:d on wch day, anything in sa.d prom~sswy note or in this Mortgoge te the contrary notwithstand~ng; and thereupon or thereaher at the op~~on of s~.:# AIiORTGAGEE, v.ithout no~~ce or demand, suit at law or in equity, the~efore or thereaiter begun, may be prosecuted as if all moneys secured hereby c:d matured pnor to i15 Initit~~iOn. 7. Thae in the event that at the beginning of or at any time pe~d~ng any suit upon this Mortgage, of to foreclose it, or to reform it, or to enforce r~~ment of any ciahns hereundrr, said h~ORTGAGEE shati apply to the Court having ~u~isd:ction thereof fo+ the appointmeN of a Receivrr, such Court shail ~,.•~h.virh appoint a~ece~ver of said mortgaged property aIl and singular, includ~~g aIl and si~gula: the income, prof~ts, issues and revenues from whatever s. ,rce drr~ved. each and every oF wh~ch, it being expressly unde~stood, is hereby mortgaged as if spec~(ically set iorth and destribed in the gra~ting and ~,cndurn rauses hereof, and such Receiver shall have alt the broad and eifecrive funa.ons and powers in anyw~se em~~sted by a Cou~~ to a Receiver, and s cn appointment sh~H he made by svch Co~rt as an ad~nitted equity and a matter of absolute rigfit to said MORIGAGEE, and without reference to the ,;:,a,,;cy or i~adrq~acy of the value of the properfy mortgaged or to thr so~vertcy or inso~vency of said 1dORiGAGOR or the defendants, and that such n, profi:s, incane, issues an~ revenues shail be appiied by such Receiver accord~ng to the lien or equity of Said MORTGAGEE and the practice oi such Court. 8. To d~:y, promFt:y and fully perform, discharge, execute, effect, compiete, comply with and abide by each and every the stipulations, agreements, dat~or.s and cuvenanis ~n sa~d promissory note and this mortgage set forth. 9. 71sar in the event thc ownership of the mortgaged premises, or any parf thereof, becomes vested in a person other than the MORTGAGOR, the :''~RTGAGEE, iss wcccssors and asrgns, may, wifhout notice to the A10RTGAOR, dea, with such successor or successor in interest with reference to this :•rg~ge a~:d rhe d_uf hereby secvred in the same manner as with fdortgagor w~thout in any way vitiating or discha~ging the Mortgagors' liabitity here- ,i,r or upon rhe d_bt hereby secured. No sa!e of the premises hereby mortgaged and no fo+bearance on the pan of the MORIGAGEE or its successors cr ass~g~s ard no extens~on of the :irne for the payment of the deb~ he.eby secured given by the MORTGAGEE or its successors or assigns, a~~all operate ro re~ease, d~scF.arge, mod~fy change or affect the original liab~loy of the N.ORiGAGOR herein, either in whale or in pa~t. 10. It is spec:ficaliy agreed that time is of the essence of this contract and that no waiver of any obligarion hereunder w of the obligation se- ` cu:ed hereby sha:~ at any time thereaffer be hetd ro be a waiver of the terms hereaf w of the instrument secured herby. I l. In r~~3 r;c;~ ro the iorego ng monthly payments of princ pal and interest requ~red by the prom;sscry no!e setured hereby, mortgager covenants , d a3~~es ro ;:~y to ~~,artgagee v~ith each n:onthly payr•ient an add~rional sum <st;n,ated by mortgagee to be equai to 1 12 of the an~ual cost of the follow- A-A!i rcal prop^rty taxes levi=~ or assess_d ag~i~st the above described real estate_ , 6 P~_•.: rs o~ fre ar.d w~ndstorm insurar.ce as here~n ~cq~:red to be carri~d cn the improveme~ts sit~ate o~ the abovc d:sa~bed premises. C-Pr_~:•.~~ • s on such mortgage guaranty ir.surar~ce ds mo+tgagee shall fro~n t:me to time deem fit to carry on the loan secured hereby. f.4o:to~qee s~"I~ fran n:re to time not~fy mortgager ~n v~rit~ng of the amount due and payable hereundar and such su~~ shall thereupon be dve and I~ . ab:c o~ ~!~r ci~~ cia~e oi ~he next month'.~ paymeM and each successive month thereait~r ur.~il mortgagee shall notify mortgagor of a change in such i r>unt Sccn s~c~s sta,i be apF~iied by mOrtgagre toward ihe payment of real property tazes, inwrartce prem;ums, a~id mortgage guaranty insurance ~ . ; ~~ivms. ~ Iti ~vITr;E~S '.'rHEREOF, the id MORTGAGOR has hereunto set his har,d and seal the day and year first aforesai . \ ' n aled de red ~ e presence of: e (Seal) ~ _ ~ (Seal) ~~_ti=~rr / ~ C~'i: f_ ' (Seal) ~ Geraldi.ne Stanle ~xaq , ~ :TE OF FLORIDA 1 ~ ~ `JU'JTY Of St. Tucie ~ Before me personally appeared John R. St,8II1~F and __~*82'31C1~.21A ~SIlZ~p his wife, to me well known and known to o?e 4o be ind~vidvais described in and who executed the foregoing instrument, and acknowledged befwe me fhat they executed the same, fot,tt+i:,piuposes ' Geraldine Stanle - ' ' ~ ` rh.~~ein expressed. And the said_ y ' ~ ` _ i l ::~'e Of tne sa~a _ Jotui R•. .Slic~le~ _ ~ ~~`(yd~•!'6!plydYQ~'AM~ Qrivate ~.:;-r~na~~on by me taken separate and apart from her said husband, acknowledged to and before me that she exetyi~d.3e~tl.-instrual~ru freely and voluo- ~ y and w~thout any compulsion, constraint, apprehension, or fear of or from her said husband. _ ~.i ~ WITNESS my hand and offiual seal this__ 27th _ day of J - ~ A. .D. ~:19~ 1 , - . . ' 1 (~,~Li ~ i = ~ ~'~t, ~ = ~ Nbtary Qublic in and w Stafq.o~,llbrida Q Larpe~, - , ~ My Co ion ex uer. - + ~ Return To: ~~43~9 ~ ~ - ~ ~ ~ ~ ;i~ ~ ~ ~ first Federal Sa+ings b loan Associat~on ~ Of Fcrt P.<rce. ~ ~ iors P~ ~rce. Fior~d~ f LED ANG RECOAOEC S~.IUCtE COUNTY fLA. ~ ROGfh r~~stR~,S - ~~ll CIE~K ~:~:.-,~~7 COURT .~7'~~cy ~ RFCOF'_? YER:~~ED,~~,~~ This Instrument Prepared By J. H. RObe2'tS~ dr. ~ First federal Savings 8~ loan Association Q 22 NJi ~~1 of Fort Pierce~ ~orida V ~ • Checked By ~ BOOK~O4 PACE~~,~ ; ` ~ - i ~ , ~ 4 ~ ~ ~ ~ : - _ ~ ~=s~ _