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Home My WebLink About2504 3. To place and coroinuously keep on the bu~:d~ngs now or hereafter situate on sa~d tand and on alt equ~pnen~ and personaily cove.ed by this ma ega, with all premiums Ih~reon pa~d in (ull, f~re inaurance in ihe ~sual s~anderd poticy form, in a sum ayp~oved by the MORtGAGEE, and winds?o insurance irt the usual standard pot,cy Iorm, in a sum app~oved by the MORTGAGE£, in such canpany or compa~ies as the MORivAGEE m dirett; and all lire and w~ndstorm insurante policirs on any of sa~d build~ngs, any interesl tharein or part thcYeof, in ~he aggregate sum aforcsaid in exceu ~hereof, shalt cont„in ~he ~sual standard moregagee dauu a such o~her cl~use as the Mortyayee rnay reqwre, maling 1he loss undrr s.~+J po cies, each and e~ery, payab;e to said hSpRiGAGEE as its ~mcr~al may appear, and each and every such poi:cy shatl be pranptly ass gned and detivered ti any heid by said MORTGAGEE as funhrr security to said mortgage C~tb1, anrl, nof less ?han te~~ (IOi days i++ advance ol the expirat~on o1 eech polity, to d. Gver ro u~d MORiGAGEE a renewal thereof, toge~her with a rece~pt (or the prem~um of such renewal; and ~hrre ~hall be no f~re o~ w~nds~orm insuranc plated o~ any oi said buildings, any interest there~~ w part thereof, un!ess in the lorm and with the loss payable as aforesaid; and in the event any sun of money becomas payable undc~ such policy w policies said MORTGAGEE shali have the option to rrtr~.e ai~d apply the same on acco~n~ ol the i~~drbted ness secured hereby or ?o pe~mit said fAORTGAGORS to receivR and use it or any part thc:eot fcr e:~~• r ~.u~~ ~i~•s, .•..~1,~,;t ih o~ .v~~+i.~~ c~ ~•:~p~i: ing any equ~ty, lien a right under or by v~rtue o( this mo:!gage; and in the event sa:d MORTGAGOR$ shatl for any reason fail to keep ~he said premisrs so inswed, or tail to deliver pron,p~ly any of sa~d potfeies of insurance to sa~d MORTGAGEE, or fad promptly to pay (ully any prem~um therefor or in a~y respect fail to per(wm, d~scharge, execu~a, effecl, complete, comply with and abide by this covenanl, a any par~ hrreo(, said MGRTGAGfE may place a~d a fo? :uch insurante o~ an n fhereof w~thow waivi o? affedi y p equ;ty, o? r~gM undc~ or by virtue of this hlortgage, and fhe t P Y Y Pa ~g ng an o tion. lien, full amount of each and every such paymrnt shalf be immedialely due and payable and shal! bea~ interest from the date thereof until paid at the rate oi ! n~ne per ce~tu~n per annum and to~rthe• with such inrer~st shali be tecured by the lien of lhis mortgage. ° To pe~mit, commit or suffer no waste, impeiiment w deterioration of said property o? any parl the?eof. 5. 7o pay all and s;ngular tha costs, cAarges a~d expenses, inctuding a reaso~able attorney i fee and costs of abstracts oi title, incurred or pa~d a~ any time by said MORTGAG:E, because a in the eveM of the failure on the part of the said h10RTGAGOR to duiy, pro~npdy a~d futty perform, d~scharge, rxewte, eHect, comptere, comply with and ab:de by eath and every thf stipvlations, ayreemeMS, conditio~s, and covenants oi sa~d pra~nissory note and this m~rtgage any w either, and said costs, tha?ges and expenses, each and eve?y, shall be immedia?ely due and payable; whether w ~ot there be no?ice dz mand, attempt to collect or suit pending; and tFr full amount of each ar+d every such payment shal! bear interes~ lrom the date thereof until paid al the r.~~e of ni~ie per cantum p~r anuu~r, and all said costs, cha~ges and ex;xnses incurred or paid, together wah suth interest, shall be secured by the Iien ol this morfgage. 6. That (a) in the event of any breach of lhis Mortgage or defautl o~ the part of the MORTGAGOR, or (b) in the event any of sa;d sums of money he~ein ieferred to be not promptly and fully paid within th~rty (30) days next after the same seve~atly be~ome due and payable, wi~hou+ demand w notice. or (c) in thr event each arul every the stipu~atiau, agreements, conditions and covenants of sa;d promissoiy note a~d th~s mortgage any or e~ther are not iuty, promptty a+~d fully pertorR~ed, d,scharged, exetuted, eifected, tompleted, compl~ed with and ab~ded ~iy, ~hen in either w. any such evenl the said ag gregate sum mentioned in said promissory nore then remaining unpaid, with intereat accr~ed, and a11 moneys setured hereby, shall become ~ue and pay- able forthwith, or thereafte?, at thz op!ion of said MORTGAGEE, as fuliy and compierely as i( all of the said sums af money were originally shpuiated to be pa7d on such day, anything in sa:d p~om~ssory note or in this Alortgage to the comrary notwithsronding; and thereupoo w thereafter at the opt~on of ea;d MORTGAGEE, without notice or demar~d, su+t at law w in equity, therefore or thereatter begun, may be p?osetuted as if atl moneys secured hereby n~d matured pnw to its institutio~. 7. That in ttx event that at the beginning of or a1 any time pending any suit upon this Mortgage, or to fweclose it, or To re(orm if, o? to enforce payment oF any tlaims he~eunder, said MORTGAGEE shall apply to the Court having ju~~sd~ci~on thereof fo~ the appointmem of a Receiver, such ~ourt shall forthwieh appoint a receiver of said moregaged prope~ty a!! and singular, iMlud~ng all and si~gular the income, prof~ts, issues and revenues from whatever source derived, each and every of wh;ch, it being expressiy underltood, is hereby mortgaged as if spec~fically set for~h and described in the 9ranting and habendum clauses hereof, and such Receiver shall 6ave all the b~oad and effeciive tunct~ons and powers ia anywise entrusted by a Cour1 ro a Receiver, and s~~ch appoimment shall be made by such Court as an admitted equity and a matter of absolute rigM to said MORTGAGEE, and vrithout relere~ce to the adequacy or inadequacy of the value of the property mwtgaged or to the so:vency or ~nsoivency ot sa~d ARORiGAGOR w the defendants, and that such renrs, profits, inco~ne, issues and revenues shafl be appieed by such Receiver acrorduig to the lien w equity of said MORiGAGEE and the practice of such Courf. 8. To duty, promptty and fully perform, d~scharge, execute, e~fect, complete, comply w~~h and abide by each and every the stipulatians, agreements, ~ conditions and covenan~s in sa~d prorrissory nore and this mortgage set forth. 9. That in the event the ownership of the mortgaged preniises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the i ~ti"ORTGAGEE, its s~ccessors and assegns, may, wirhout notice to the MORTGAOR, deat with such svccessor or successor in interest with reference fo this ~~,ortgage and the drbt hereby setured in the same manner as with Aiortgagor without in any way vitiaYeng or d~scharging the Mongagors' liability here- under w upon the debt hereby secured. No sale of the prert,ises hereby mortgaged and no forbea~ance on the part of the IJ10RiGAGEE w its successors or assigns and no extension of the t~me fw the payment of the debt hereby sec~red given by tFw MORTGAGEE or its a~ccessws w ass~gns, s~iait operaee to release, d~stha~ge, modify change or affect the origmal IiabJity of the MORTGAGOR herein, either in whole or in part. 10. It is specificaliy agreed that time is of the essence of this contract and that no waiver of any obligation hereunder w of the obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~r.on to the (orego'ng month!y payments of print pal and interest req~ired by the promisscry no~e se~ured hcreb~/, mortgagar tovenants and agrees to pay to mortgagee v~ith each monthfy pay~~ient an add~rional sum estimated by mortgagee to be equa! to 1:' 12 of the annual cost of the follow- .ng: A-All real Expperty taxes levied or assessed against thc above describcd real estate. B-Prem~~ms on fire a~d windstorm insurar.ce as herein requ~red fo be carried on !he +mproveme~ls situafe on the above desc~ibed premises_ ! C-P~e,niums o~ such mostgage guaranty insurance as mo~tgagee shall f~om time to~time deem fit to carry on the loan secured hereby_ Mortgagee sha11 from time to time notify mortgagor in writing of the amount due and payable hereundrr and such sum shall therevpon be due and i r~yable on the due date of the ne,et month!y payment and eath suctessive monih thereaitcr ur.til mortgagee shall nofify mortgagar of a ci~ange in Such t 4 ~:o~nt_ uc sums shail be app!~ed by mortgagee toward the payment of real property taxes, insurance prem;ums, a~id mortgage guaranty insurance ( :>~emiums. IN Y~ITNESS WHfREOF, the said MORTGAGOR has hereunto set his hand and s~al the ~ay and year first aforesaid. SF led d delivered in the presence ofc ~ , ~ Y ~ _ / L_ , s F • t wiines -K ~K~~i"~G~' ~i~i~~5=~ .cs`aq - ~ - - (Seaq • ~l~i,~-t+st i 7 . : t-l~.~-! ~ ~-T,, (5ea4 :~itness fMelanie C.~ ieffo,~, also ' knoKn as Melanie Chieffo «an ' S7ATE OF i~lati~C ~ /l.i J~. . t t1 j COUNTY OF ~---r-----~"'L ~~~v t~ci j S5. n"`i " 1~ . Before me perwnaHy appeared Ral h Chieffo $Y and f _ Melanie C~ Ctilp,ff0~ ajSO iQ1C~?A dS ~eW;~ o me wel no w end known to me to be 4 ihe individuals described in and who exetuted the foregoing instrument, and acknowl i edged before me that lhey executed the same fw the p ur p o ses therein expressed. Md the said ~lalllQ C~ Chieffo d150 ~[IOfAiI SS Melanie Chieffo ' N~re ot the ~aid Ralph Chieffo, Sr. , ± ~ upon a separate aod privste ! examination by me taicen separate and apart frorrr her said husband, ackrawledged to and before me that she executed said instrument freely and volun- 'i ~ar~{y and w~thout any compulsion, constraint, apprehens~on, or fear of w from her said husband. ~ ' WITNESS my hand and official seal this ~~'f"H day of ~ A. D. 19 72 i ~ ~ ~ k t Notary Publ in and for the Sta ~ My Comm~ssion expires: ,d-,~• ~ ~ ` '1 ~ Return To: M . fi~ 4 ~ • ' ~ First federal Savings 3 loan AssociaLOn ~ ' Ol fort P:e:ce. _ ' ' % . . ! Fort Fierce, ilorida " ~ ' " ~ , 23461~ ~ ~ ` This lnstrument Prepared By Wm, E. BZaun fILEO AND RECORDEp First Federal Savings & loan Association St,LUC1E COUMTY FIA. ,~i f of Fort Pierce~ Florida RGGE~ POITRAS ~,p ~ CIERt: C~~.,UtT COURT Checked ByF~~' qECQRaVE~ r~c,J-~'~, ; ~ 3~ z os~~~~Z . ~~~24~ ~~~~SC~ - ~ ~ _ ~f ~ . a" ~ fi~ s ~ s- aa's,-'+ _ . ~W~ _ . . ~e~;~l~~