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Home My WebLink About2372 3. 7o ptece and conrinuo~sty keep on the bu+.'dings ~ow or hrreafler suuate on sa~d tand and on al; eq~~pmem and personally cavered by this mo~ ege, w~th all prenuu~„s thrreon pa:d in i~ll, (ve ~ns~rance in the ~sual sta~xla~d po;~cy form, in a sum a{.proved by the M.OR~GAGEE, and windsto .nsurance in ~he vwal swndard pol;cy fonn, in a sum approved by the MORTGAGEE, in ~uch cornpany or canpanies as the MORiGAGEE m d~rect; and all liie ar.d w~ndstorm inw~ance palfc~es on any of sa~d build~ngs, any interes? therein or part Ihareof, in the aggregate sum aforesa~d in rxcess Ih~~rcoF, shall :onf~in the usual standard mortgagee cfause o~ such other clause as the Mortgagee may req~~ro, making the Icss undri sa~d po c:~s, each and every, pay.;b!e ro sa~d ~1pRTGAGEE as ~r~ in~errst may appear, and each and eve~y such poi~:y shall be promptly ass gned a~d deliverrd : any helJ by sa~d h10R1GAGEE as funher securi~y to aa~d mortgage debt, and, not Iess than ten (10) d~ys in advance of the expirauo~ of each po~~cy, ro d. I.ver ~o said h10RiGAGEE a renc~val thereo/, toqe~her with a receipt lor the premium o! such renewai; and there shall be ~o f~re or wi~~d~tonn insurant p!~ced on any of sa~d 'oui!dings, any intcrest Iherein or pa~t thereof, unless i~ ihe (orm and wiih the loss payable as a{oresaid; and in the eveM any sun o~ monzy bc•to~nes payable under such pollcy or pofcies said MORTGAGEE shall have ~he opnon to rece~ve ~~d app~y the w~ne on account o( the indrbfed ~~~•ss secwed Fc•reby o~ ~o perinit said MORTGAGORS to reCaive ant~ use it M dny pa~l the:~o1 tor ott:~~r H~rf ~ses, v.~tho~l th_.. ut tvaivi y er ~rnp..ir ~nJ d~l~ E'qU~1y, lien a r~~ht under or by virt~e of this mor'9age; and in the event sa~~d MORTGAGORS shalt :or any reason fail to keep the said p~em~srs so ~~~svred, o. fatl to deGver prompUy any of sa~d pol;eies of insurance ~o sa~d MORIGAGfE, or f~il pro~~ptly fo pay (ulty any pre~ni~m there+or or in a~y ~rsp~ct (aii ro perform, d~scharye, execute, e(fect, complete, co:nply with and abide by this covenam, w any part hrreof, said MORT;,AGEE may piace a~~d p: ~ for such insur.~nce o? any part Ihereof without waiving or aftetting any option, iien, equ~ry, or right unde~ or by vi~tve of th;s Mortqage, and the t„U a~no~nt o! each and every such paymem shall be~~nmediateiy due and payable and ahall bear interest irom the date thereof until paid at the :ate ol n;r.e per cent~m per ar.nwn and to~rther with suth inserest shali be secured by the lien Of this mortgage. a. Ta permit, commif or suf(e~ no waste, impairment w deterioration of said property or a~y part thereol. 5. To pay alt and s~ngufar the costs, charges and expenses, ~octud~ng a reasonable atro~ney's fee and cos~s of abstracts of title, incur~ed or paid at 1•~y t~~re by sa~d MORTGAG:E, because w in the evem of the fa~lure on the pa~~ of ~he said MORTGAGOR ro duly, prompNy and futly perform, d~xharge. _.~:utz, effect, canp:ete, canply w~th and ab:de by each and every the stipulat~ons, agceements, conditions, and covenams o( said promissory note aRd ehis :.orrgage any or e~rher, and sa:d costs, cha~ges and expenses, each and every, shall be imm~d~ately due and payable; whether or not there be notice da c.and, a!te:npt fo to~l~t or suit pending; and Ihe full amount of each a~d every such payment shall bear interes~ from the date thereot until paid at the r._ e~ n~,~e uer crnsum per an~wm; and atl said costs, charges and expenses incurred w paid, together w+~h suth interest, shall be secured by the lien of this :nortgage. b. Thar (a) in rhe event of any breach of th~s Mortgage or defaulr on the part of the hl10RTGAGOR, o? (b) in the evenf any of sa:d sums of money !~,re~n re4erred to be not p~anptly and fully paid within th~rty (301 days ~ext aifer the same severa'ty become due and payable, withoui demand a notice, ~c) in thr event each and eve~y the stipulations, agreements, cond~f~ons a~d cove~ants of sa.d promisso~y no!e a~~d th~s mortgage any or either are o01 j~:y, prompt~y and i~lly perlonncd, d scharged, executed, effected, completed, compGed wi~h and ab~ded by, 11xn in enher o~ any such event the said ag ~••_gate sum mennoned in said promissory rwte then remaining ~npaid, with intereat accrued, and atl moneys setured hereby, shall become due and pay forth~vith, or ~h~reafter, at the option of said MORTGAGEE, as fully and comptetety as if all of the said sums of money were or~ginally st~pulated ic o.a pa~d o~ wch d~y, anything in sa.d prom~ssory note w in this Mortgage to the conhary norw;thstand~«g; and thereupon w thereaiter a~ the option of s- d MORTGAGEE, w~thous notice or demand, suit at law or in equity, therefore w thereaiser begun, may be prosecuted as if all moneys secured hereby r..:d mat~red pr.or to ~ts instifution. 7_ That in the event that at the beginn~~g of or at any time pending any suit upon this Mortgage, a to forecfose it, or to reloam it, o~ fo enforce +~;ment oE any ckr.ms hereunder, said MORTGAGEE shail apply to the Covr~ having ~ur~sd:c~ion thereof for the appo~ntment of a Receiver, such Court shall !nwlrh appo~nt a receiver oi said mortgaged p~operty all and singular, intlud~ng aI! and s~ngular the irtcome, pro(~ts, issues and revenues from whatever , rcr drnved, each` and every of wh~ch, it Fxing expressly undersrood, is he~eby mortgaged as if speofically set forth aRd desuibed in the graroing and '~'>ff~(IJR1 ~~:auses her_wf, and such Receiver shal~ have all the broad and effective funct:o+~s and powers in anyw~se entrusted by a Cou~t to a Receiver, and S. :Il d+)E:Oi~I:lTI@~d SF13II bC made by such Court as an adm;tted equity and a matter oI absoture right to said MORTGAGEE, and withou! relerence to the ..c_a;,;cy or inae+equacy of the vaiue oi fhe property mortgaged or to the so.vency or ~nsolvency of said MORTGAGOR w the defendants, and that such .'~.~~~,~5. fi(Otiti, inco:ne, issues and revenues shall be applied by such Receiver accordmg to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To du3v. pfompfly and ful!y perform, d~scharge, execute, effect, complete, comply with and abide by eath end eve~y the stipulations, agrce~ne~is, _~,~.ditions and covenants in sa~d promissory note and this mortgage set forth_ 4. That in the event the ownership of the mortgaged premises, or any part thereof, 6ecomes vested in a person other than fhe MORTGAGOR, the `R7GAGfE, irs s~ccessors and ass;gns, may, wirhout no~ice to fhe N10RTGAOR, deat with such successor or successor in interest with reierence to this _•+yage ard tnc d_ot hereby secured in the same manner as with Mortgagor without in any way vitiati~g or distharging the /Aortgagors' liability here- ;f_r ar u~on tne debt hereby sec~red. M1io sale of the premises hereby mortgaged and no forbearartce on the pan oi the /AORTGAGEE or its sutcessors ' c~ ~ss~~ns a~d no exte~sion oF the tlme for the payment of the debt hereby secured given by the MORTGAGfE or its suctessors or ass~gns, aiiall operate ro re!~ase, d:scharge, modify change or affett the original liab~lity of the MARTGAGOR herein, either in wFale or in parf. 10. It ~s spec:ficafiy ag.eed that time is of the essence of this contrad and that no waiver of any ob~igarion hereunder or of t:~e obliqation s~ c.~-_d he~eby shaii at any time rhrreafter be held to be a waiver of the terms hereof a of the instrumeN secured he~by. - 1!. I» ,:u:1.~~co ro the forege'ng monthly paym~nts of princ'pal and interest required by the prom:ssory no!e secured herzby, mortgago~ covenants ~g~_es to ~~y to r••.on~egee etiith each mor.thiy payr:ient an add~rional sum esnn:ated by mortgagee to be equal to 1,' 12 of the annua! cost o/ the follOw- A-Aii rcal property taxas lev~ed or assessed agai•,st thc above described real esrate. o Fr_ ~•,;~,~s on fire and v~~~;dsrorm ~nsurarce as 6ere~n requ~red to be carriFd on the improvements sltuate on the above d_scr~bed premises. G Vre+n~u:•.s on such mortgage guaranty ir.sura~.ce as mortgagee shall from t~me to time deem fit to ta~ry on the laan secured hereby. '.1or!ga~ee s~:,~I l~om r~me to tf re norify morryagor in writ:ng of the amou~? d~e and payable hereundzr and wch surn shall thereupon be due and ..,b'~• on !h•_ u~e date oi th~ next month:~ payme~t and each successive mo~th thereafter ur.til martgagee shall not~fy mortgagor of a change in such ~nr. Svcn wms s+~~:l be app:ied by mortgagee toward the payme~t of real property taxes, insurante (xem;ums, a~id_ mortgage guaranty insurance . n;ums_ IN '::lTPIESS '.'MERcOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year first afwewid. S~gned, Sealed and d~lev~red in d~e presence` of: ~ . . r; / \ ~ ,~I I ~j~j~~ _ ` ' ''~~nfiQ--~CI~i6LZ.~ ~S2i~) - n + ~ D1'~.~ . - ~SCa~~ 'J - 1, ' a~C-liQJ GC! t..LCa.c rs.2 (SeaQ Louise Briar esesi~ ~-~TE OF FLORIOA ~ = %urdTY OF St. Lt1C1@ ~ 1 Bafore me personally appeared ~~-b111' BI'~3I~ and - - ~~se B~~ his wife, ro me well known and known to me to be , ird~vid~a:s described in and who executed the foregoing insfrument, and acknowrledqed before me that they eaecuted the same tor the purposes rh:•e;n expressed. And the said LO111S@ Bl'181' :..`c of ?he said _~Zbl1Y' BI192' ~~,~,•~~~1 private -•+-n~nar;on by me taKen separate and apart from her said husband, acknowledged to and befwe me that she executld saidgnstFumt~1}I'fifgly, a~d voluo- and w~tho~t any compu~sion, constraint, apprehe~s~pn, pr fear of or f~om he~ said husbaRd. _ = tiY17NE55 my hand and offitial seal fhis__ I - day of Ll ~''p:. jq-_~ ~ ' ! _ ~ , ~ N ary Public in and or . Stal~, of ri at'~jerge M Commission expires. ; Reium To: ~ C' t , Firs! Federal Savir,gs d. Loan Associat~on ~~i ~ ""'~C~~ Of ;c:rt P.c:ee ~~/i~~~ S~r~t~" ~ Fort P~arcc. Fiorid.; /rl~~••~•.,.•~•, FILEO AN~ R`-CCRD~D ST.IUCIE COUNIY FLA. ROCcR F31iRA5 Th~s Instrument Pre ared B ~~ERK C!RCUI'f COilat _ P Y J. H. R,oberts, Jr. aFCOno ~~r.~r~EO..~-- First Federa1 Savings 8. Loan Associafion of Fort Pierce ~ P''],p~~ ~,.A 1 2 03 PM ~ Ch~cked By 23451'7 f ~ru~ . eno~ z04 ~acc~71 is ~ ~ ~ _ ~ _ - _ - R:: ~