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Home My WebLink About0716 To plece a~d cont;nuously keep a~ the bui:dh~gs now o? hereaiter aituate on sa~d land and on all equipmeN and personally tovered by this ma a9e, w:ih all pren:~un,s the~eon pa:d fn fuil, t~re insurante ~n ihe usual sta~.dard polccy lorm, in a sum approved by Me MOR(GAGfE, and w+ndsto ~nzurance in ~ha usual sfandard pot:cy form, in a sum app~oved by ~he MORTiaAGEE, in such company or compan~ei as the MORTGAGEf m u~feu; and all Gre and w~ndswrm insurance pofues ai a~y of said buitd~ngi, any in!e~est therein or pa~t the~eof, i~ the aggregate sum afo~esaid in extess Ihercol, sha11 ;ontain the us~al srandard matgagee tiause w such 01he~ tl3use as fhe Mortg3gee may requ~rs, ma?ing the Iots unde~ ia~d po c~~~s, each ar.d every, pay~b!e to said MORiGAGEE ~as as ~~~e~ast may appear, and each and every such po:~c~ shall 6e promptly ais gned and de:~vered i any held by :a~d hlOR(GAGEE as funher sewrily to sald n~atgage debt, ~nd, nor less ~han ~en (10) days in advance oT ihe expirar~on of each polity, to d 1.~er to sa~d M110RiGAGfE a renewal thereof, ?oge~he~ with a receipt fa the premium of tuch renewal; and ~here shail be no i~re or windab~m insuranc p!~ced on any of sa~d buitd~ngs, any interest there~n a part the~eof, unleas in the torm and with ~he Ioss payabte as atoresa~d; and in the event any ~un ; ot money becomra payable vnde~ such poticy w policias uid MORTGAGFE shall have the opt~on to receive and app!y the same on account of ihe indrbted i n~•ss sec~r2d hereby w to perm~~ aaid MORTGAGOkS to receive and use it o~ any parl ~hereof for o:i,e. pu~pescs, v.~~hout ~h~..u~ wai~i.~3 ~r unp>ir j mg any equ;ty, I~en w riyht under w by v~rtue of th~s mo::yaye; a~d in the event sa~d MORTGAGORS sha~l fo? any reason fail fo keep the said ~xemisr~ so ! :nsurcd, or fail lo delive~ prpmptly any of said polities of insurente to said MORTGAGEE, o~ fait prompfly to pay fuily any premium therefq or in a~y ~ respect lail to perf«m, d~scherge, execute, effed, complete, w~nply wi~h and abide by this covenant, or any parf hrreof, said MORTGAGEE may place and ~ pay for such insur.mce or any part ihereof wfthout waiving w aifecring ar~y option, lien, equ+~y~ w right under or by vir~us of th~s Mortgage, and the f~11 a~noum of each and every such paymem shatl be ~mmediately due and payable and shall bear interes~ from tfia date thercof umil paid at the rate ol ~ ~~~ne per Centvm per annu,n and to~elher v.ith such i~terest shali be srcured by lhe (ien of th~s mortgage. 4. To permit, commit w suffe~ no waste, impairment w deterioratio~ of said property or any part thereof. 5. To pay all and singutar tiro costs, cha~ges and expenses, +ncluding a reasonsble at~orr.ey's fee and costs of abstracts of titie, incurred or paid at ,ny time by s~~d MORiGAG:E, because w in the event of the faiture on the part of ihe said MORTGAGOR to duly, prornptly and fully pe~form, d~xharge. -~..~cute, effec~, co~np:ete, cumpfy w~th and ab;de by each and every the stipulat~ons, agreements, cond7r~ons, a~ covenants of said promissory note and this •:u~tg,~ge any or e;~hcr, and s3~d costs, tharges and expenses, each and every, shall be immediately d~e and payable; whether q not there be natice de ~w•~d. attempt to cotl¢tt or suit pending; and 1he full amovN of each and e~ery such paymeN shall bear iMerest (rom the da(e fhereoi ~ntit paid at the o~ nine ~r cent~m per annu:n; and all said cosrs, cna~ges and Yx~nses incurred or paid, together wdh such interest, shall be secured by the lieo of thia ~ mor~gage. 6. Tha? (a) in the event of any breach of this Mwtgage or default o~ the parf of the MORTGAGOR, or (b) in the eve~t any of sa;d sums of money h~~rcin referred to be not promptty and fuily paid within thirty (30) days next after the same seve~a:fy betome due and payable, without demand o? no~ice. er ;c) in thr event each and every the stipuiations, agreemems, c~nd~t~o~s and covenants of sa.d p~om~swry note and th~s mortgage a~y or either are not i,,;y, promptly and fully performed, d.xharged, executed, effected, compteted, camplied with and ab+ded Sy, then in e~ther a any soch event the said ag ~:~a!a sum ment;o~ted in said promissory note then remaining unpaid, with interest accrued, and atl rrwneys secured hereby, shall become due and pay- a~ ~ for~hwith, o~ thereafre~, at the option of said MORTGAGEE, as fully and completeiy as if afl of the said sums of money were originally st~puiayed r: he pa:d on such day, any~hing in sa:d pro,nissory oote or in this Mor?gage to the conr.ary notwithstanding; and thereupon w thereafter a1 the opuon of s_;f ?~10RTGAGEE, wrthout not~ce or demand, wit at law w in equity, therefore or thereaite~ begun, may be prosecuted as if all moneys secured hereby r..,ii matured pr~pr to ~tS inStitutiOn. 7. Thar ~n the event that at fhe beginning of or at any time pe~?ding any su~t upon ~his Mo,?gage, a to foreclose it, or to refwm it, or to enforce ::~nent of any claims hereunder, said ti10RTGAGEE shall apply to the Court having jurisd.ction thereof for fhe appointmeN of a Receiver, suth Court shall ~:~hwirfi appcint a receiver of said mortgaged property all and singula~, incluf~ng all and s~ngular the income, p~oi~ts, issues and revertues from whatever s_ ~•.e derived, e~ch and every oi wh:ch, it being express~y undentood, is hereby mortgaged as if speuficaily set iwth and described in the granting and - e~:dvm c:auses nereof, and such Receiver shall have all the broad and effective furtcr~ons and powers in aoyw~se e~trusted by a Court to a Receiver, and ~_h appointm~-nt shjtl be made by such Couri as an admitted equity and a matter oi absofure right to said MORTGAGEE, and withaul reference to the .a.,jcy or ~nadequacy of tF.e value of the property mortga9ed or to the so.vency or inso~vency of sa~d MORTGAGOR or the defendants, and that such -~•s, prof~ts. inco.ne, issues and revenues shalf be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and fhe practice of such i.:lUtf. 8. To du!y, prompt;y and fully perform, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipulatio~s, agreements, ,.>:~d~t~ons and covenann ~n sa+d promisswy note and th~s mortgage set forth. 9. Tnat in the event the ownershlp of the mortgaged premises, or any part thereof, becomes vested in a person other fhan the MORiGAGOR, fhe :"JRTGAGFf, in successon and assigns, may, without notice to the MORTGAOR, deal with such successw or wccessor in interest with reference to this ^ o•~gage ard fhe deot hereby secured in the same manner as wiih Mortgagor w~thout in any way vitiating or discharg7ng the Mortgagors' liability here- ~er or uF:on the deb~ hereby sec~r~d. IYo sale of the premises hereby mo.fgaged and no forbearance on the part of the MORTGAGEE or its successors o~ ass;gns and no extens~on of the time for the payment of the debt hereby secured given by the MORTGAGEE or iis successots ot auigns, siwll operate ~o re~ease, ducharge, mod~fy chanye or affect ~he orig~nal liaoJity of the M.ORTGAGOR herein, either in whole or in part. lU_ It is spcufi:a(ly agreed that time is of the essence of this contract and that no waiver of any obligat;on hereunder or of the obligaYron sr- c~ red hereby shal~ at ani time thereafter be held to be a waiver of the terms hereoi w of the instrument secured herby. 11. In aJd ro : ro the forego ng month!y payments of princ pal and ioserest requ~red by the prom~sscry no!e sewred hereby, mortgagor covenants • i agrres to pay to n:o•tgagee v~ith eech monthiy payr.ie~~t an add~riona( wm est~ma~ed by mortgagee to be equal to 1~ 12 0! rhe artnua! cost ot the follow-, , 1_ A-All real properry taxas fevied or assessc~d aga~~,st the above described real estate. B Fr~•::.,;,•ns on f~re and windstorm ins~rar.ce as herein requ~red to be wrried on the improveme~ts s~tuate on the above described premises. C-Pre:,~~~n:s on such ~nortg;ge guaranty ir.surar.ce as mortgagee shall from t~me ro time deem fit to carry on fhe loan secured hereby. h!ortgagea s6, t f.cm N•ne to t~me notify mo~tgago~ in w.i:,ng of the amou~t due and payable hereundar and such sum shall thereupon be due and .;ble on rt:~ c3~e da!e of ~h~ next month:y payment and each successive month thereaftcr ur,til mortgagee shall notify morigagor of a change in such ~unt_ S~ch w,r.s sFa.i be aop'ied by mortgagee towa.d the payment of reat prope~ry taxes, insurartce prem:ums, a~td morrgage guaranty insurance ~.mium5. IN \'1lTPJESS '.':HER~OF, the said MORTGAGOR has hereunto ut his har.d a~d seal the day and year first a esaid. ~ , Sealed and fivered in the prese~ce o4: ' r aQ _ . Z CO O 11 (Sea7 - ~'`'C (Seaq _ anita Ro oli " ~a~~ :::,TE OF FLORIDA ~JU'~TY OF St. Lucie 1 't Before me Personally appeared Franco Rogol ino a~ _.I118111t~ Rogolino his wi{e, to me weft icnown and known to me to be ; ind~viduals descr~bed ',n and who executed !Me foregoing instrument, and atknowledged before me that they executed the same iw the purposes ''-•,•re;n exp~essed. And the :a~d_ Juanita ROQOL1T10 ~ - r. fe of the sa~d _ Fzaneo Roc~ol ino .~.~.~'1 up~brr a slpscate and priwte ••am~nat~on by me taken separate and apart from her said husband, acknowledged to and before me that she ezet~tM~t~~rA1!'ftqfee~t~froety and voluo- and w~rhout any compu~sion, constraint, apprehens;on, or fear of w from her said husband. ' w1JNES5 my hand and offic]al seal this Z 5t h day of Atl l1 L' : ~q. D. 19~ Wotary Public in snd for the%Stat~ • fbrida yt,t~rge , My Comm~ss~on expires: ' " Re?um To: N~Y.QU lC,~STATE•q(~lQRiDA at LARGE F;rst Federal Sa~~ngs 3 loan Associat~on MY~ 00'~tiF5Su1~ fiRW~-SE?'T. 25, 1975 a! ;.:.e P.=-:ce Hon~eQ`B~A~~rk2n 83n1~er5 lnsurance ~o. Fort P~erce. Flo•id3 . . ,~~o aFCOa~E ' This Instrument Prepared By Richatd K. Kayes ~'E ~QI~RAS ~ First Federal Savings & loan Association s~ K C...CUtT COU~~ of Fort Pierce~ F1oZida RECORCVEr.~~~~D.^ Checked By ~ _ ~ ~g ~ ~1~ bR 235490 ; e~oK2U5 PacE .716 ~ _ ~ _ _ - - = - ~ ~ _s