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Home My WebLink About1404 To plxe and contfnuously keep on the buComgs now or hereafte? ~ituate on sa~d land and on aL' equipment and persona~~y tovered by this moa sgr, wah atl p~e~„~~:ns thereon pa.d ~n futf, ffr~ insurance fn ~he ~sual sfand.~~d po+ce~ fo~m, in a sum appioved by the MOR~GaGEE, and w~ndeto nwiance in ~he ~sual srandard po',cy foim, in a sum approved by the MORTGAGEE, in such company or companies as the h10RTGAGEE m Jnrt~; and all (ire a~~d w~ndstorm insurorce polk~es on any of sa~d build~ngs, a~y interest there~n or part thcreo(, in fhe agg~ega>e sum aforesaid excess th.rreof, s~~all conr;in the usual sta~;d~rd mongagee ciause w such m:~er clause as the Mortyagee may requ~ro, making the iois unde~ sa~d po c,~•s, each and evrry, paya~`e to sa~d At~RTGAGEE as ns interest may appear, and each and every such po'~cy shall be promptly ass gned and detivered : an~ he:d t~y s3~d ~'.tORTGAGEE as iunher s.curity ro said morrgage deb?, and, not less than ten (10) days in advance oi ~he expuat;on oi eac6 pofcy, ro d. t..er to sa~d A10RiGAG'rE a renewal thereof, toge~her wiih a rece~pt for the premium of such renewal; and ~here shall be no i~re or winds~orm insuranc p'~crd on any of sa~d b~ild~~igs, a~y interest there~~ w part thereof, un!ess in the (orm a~d with the loss payable as aforeaaid; and in ihe event any sun ol mOney betomet pvy.~b!e undrr such policy w poGcies said MORTGAGEE shall have ~he opt~on to receive and app?y the same on atcounl of the indebted ness sccwed hereby or to perrn~l said MORTGAGORS to receive and use it or any part the~eof ior o;ner pur~~csrs. .vhno~t fh-~~ur w~i~i•ti3 or ~•~~aair ~~y any eq~~ty, I~en or ~~gh~ undcr o~ by virtve of this mor••gage; and in the eveN sa;d MORTGAGORS shall ta any reason iail to keep ~he sa~d premises so ~nsur~-d, or fail to del~ver p:aopNy any oi said po!icies of insurance to said MORTGAGEE, or fai: promptly to pay fully any pre~nium therefor or in a~y reaF~ect (a~l to perform, d~s:hWye, exrcutr, eftect, completr, comply wirh and abide by this covenanr, or any parr hr.eof, sa;d MGRTGAGEE may pcace a~o fw s~ch ;nsw.,ncr or any part thereo4 w~thout waiviry or aifeding any opt]on, lien, equ~~y, or right under o? by v~rtue o( ~his Mortgage, and the 1.~U a~no~nt of each and e.ery such payment sfiall be immediately due and payable and shall bear interest from the date lhereo( until poid at the rate o1 ~~e per ce~v~m pe~ a,~n~-n ond to3rth~•r wilh such inrerest sha1; be srcured by the lien of thia mortgage. 4. To peami~, commit or suffer no vmaste, impairment or dEterioration oi said property o? any part the.eof. 5. To pay aN and singular the costs, charges and expenses, ~ncluding a?easonable attorney's fee and costs of abstracts of title, incurred or paid at t6r.e by s:,Id MORTGAG:E, because w in the event of tha failure on the part of Ihe said MORiGAGpR to duty, prompdy and fuHy perform, d+scha~ge. xrc.,re, effecr, co:np;ete, compfy wuh and ab:de by each and every the stipulauons, agreemeNS, tondihons, and covenants oi said promissory note and this ~.o~sgage any or e~~h,;r, and sa~d co:ts, tharges and expenses, each and every, shall be immed~atety due a~d payable; whether w not there be ootice dr ,s~~d, atrempt io collett or suit pending; and the full amount of each and eYery such payment shall bea. enterest irom the date thereof u~til paid at the o~ r.~nc per cen:u•n per an~,;;m; rrew ail said cosrs, charges ard expenses incurred or paid, togelher w:th such interest, shall be secured by the tien of thi~ rnorrgage. 6. if~at (a) in the event of a~y breach of this Mortgage or defautl on the part of the MORTGAGOR, or ;b) Fn the event any of sa;d sums of money F~re~n re.'erred to be not pro,,,pt1y and fuily paid w~th~n thuty (30) days nex~ after the same severa:ty become due and payable, wiihout demand or notice, in ~hr event each ar.d every the stipulations, agreements, cond~sio+~s and covenants of sa.d promissory note a~~d eh;s mortgage any p~ either are not i:,:y, pron,pt:y and fully performed, d:stharged, ezec~ted, effetted, completed. complied with and ablded Sy, then en t~ther or a~y such event the said ag gare wm rne~t~oned io sa~d prom~ssory note thro remaining unpaid, with i~tere;t accrued, and aN moneys secured hereby, shatl betome due and pay- ~ for:hw~rh, or thereaftc~, at the option of sa~d MORTGAGEE, as f~11y and compterely as if a!t of tlee said sums of money were or~g~natly st~pulated he pa:d un such d>y, anyihing in sa.d p~om~ssory ~ote or in this Mortgage to the cororary notwithstanding; and ~hereupon a thereaiter at the opt~on of z• cf h",ORTvAGEE, w~rhout no~ice or demand, suit at law or in equity, therefore w thereaher begun, may be prosecuted ai if atl moneys secured hereby r .d rnatured pr~or ~o ~ts insYrrut~on. • 7. Th~r ~n ti,e event that at the beginn~ng of or at any time pe~d~ng any su~t upo~ fhis Mo~tgage, w to fweclose it, or to reform it, or to enfcrce .,:ment oi any r.eims he~eunder, said MORTGAGEE sha?i apply to the Court having ~urisd~a~on the~eo4 for the appointment of a Receivet, such Courl shalt rh,tiith appo~n~ a rece~ver oF said mortgaged property all and singular, indudng alt and singular the irtcome, p~ofits, issues and revenues from whatever ,;rce_ der~ved, ecch ar.d every of wh;ch, it being expreasly unders~ood, is hereby mor~gaged as if specificaily set forth and desuibed in the graroing and •~nci~m ca,;ses h~~r_of, and such Receiver shait have all the broad and effeoive funct,ons a~d powers in anywise enrrusted by a Court to a Receiver, and s•~ apro~ncm~•:~f sh3it be made by such Court as an admined equity and a matter oi absolute right to said ~dORTGAGEE, and withoW reference to 1he ~ ~,.~.:::cy or ir,adryvacy of the val~e of the property mortgaged or to the so~vency or ;nsolvency of said MORiGAGOR or the defendants, and that such ~ ~s. prot~rs, inco.ne, ~swrs and revenues sha7f be appJfed by wch Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Ccurt. 9. To duty, prCmpt'y and fully perform, d~scfiarqe, execute, effect, comptete, comply with and abide by each and eve?y the stipulations, agreements, ditions and coveranrs in smd promissory note and th~s morrgage set forth. i 9. ihat ,n rhe evem rFe ownership of the moatgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the :~RiGAGEE, rts successors a:~d ass~gns, may, without notice to the MORTGAOR, deal with such successo~ a successw in interest with reference to thia _-~gage a~~d thc d_•ut hereby sec~red in the same manner as witF~ htortgagor without in any way vit;ating w d+scharging the Mortgagors' liability here- .i~•r cr upon the d,~br h<r>b~ s<wred. tJo sale of the Frem9ses hereby mo~tgaged and no forbearan~e on the part of the fdORTGr1GEE or its wccessors ~ ass~gns and no e,cte~s~on ot the nme ior the payment of the deb~ hereby secvred given by the MORTGAGEE or its successors or ass~gns, ayall operate v re~ease, d,scharge, mod~fy char.ge or affecr the orig,nal 1;ab;Lty of the ARORTGAGOR herein, either io v`hole or in part. 10. It ;s spec 5c311y agreed that time is of the essen~e of this contract and that no waiver of any obGgation hereunder or of the obligaYwn se- c~•ed hereby sha:~ at any time thcreafter be hefd to be a waiver of the terms hereof w of the instrument secured herby_ I 1. In ,,:i f r.c t~:_ forego ng n•onth!y paym~n!s of pri~c pal and interest requ~red by the prom~ssery no!e secured hereby, mortgagar tovenants ~:i ag*e~s ro r~y re ~r.u-~g~gee ..+th each monthiy pay~.~enf an add~~ional sum ezt~n:ated by mortgagee to be equal to 1, 12 of tSe an~iual cost of the follow- A-Ali .eal ~roperr~ taa:s lev~e:: or assessed agai•~st the above described r~al estate. 6 F; :~~s on fne and w~r,dstorm insurarce as herein requ~~ed to be carried on tne improveme~ts s~tuate ort the above d:svebed premises. C Pre-.::,,;• s o-~ ;uch .r•orrg;ge gua~anty ir.sura.:ce as mortgagee shall from t me to time deem fit to carry on the loan secured hereby. :'•o:Tgagee s~s.,•I ~+cm t~~n•~ to t~r.:e nor:fy mcrtgagor m w~it~ng oF the amount due and payable hereundrr and suth su:n shaU thereupon be due and on th~ d~e co•e oi :h~ next mo ,tfi'y payment and each successive momh thereaftc~ unfi{ mortgagee shati notify mortgagor of a change in such ~nr. S~,:h s~~ns sl~a:i ;;e app:ied by mo'rtgag~:e to:vard the payment of real property taaes, insurence prem:ums, and mortgage guaranty insurance • •"'~~VT•S- iN ':~ITNEJS '.'IH~REOf, the said MORTGAGOR has hereunto set his hand artd seat the day ao year first aforesaid. ' Sgned, Sea!ed and detiv ed in the presence ofc ~ ~,Q~ i t~ ~~i "vv',"'~ Seal) ~ ~ (Seaq i - •nL~Sl._ - (Sea~ ~ - - (Seap i ~"-:7E OF FLORIDA ~ i : ~UNTY Of _ ~ti. Lucie ~ ~ s I Before me personat(y appeared Ferdinand Coehu e~ ` Dorothy Cochu ~ his wife, to me well k~own and known to me to be j •~nc3„r~dua;s described in and who executed the foregoing instrument, and acknowtedged before me that they executed tha same for the purposes i ~ !~~•e~n expressed. And the said___ '~OrO~.~ly COChu ~ . e o4 ~he sa~d F6I'd~IlaT1C~ CdC}Ill vpo~ a separate and privare ~~~n na*;on by r,~e takan separate and apart from her said husband, atknowledged to and before me that she exe:ured said instrument freely a~ volun- ~ a<<d w~thout any comput:ion, constraint, apprehens~on, or fear of or from said husband. j WITtiESS n,y hand and official seat this__ ~a'~d day Au t+ /1. D: 19 72 ~ ~ i - ~ otary Public in a w the ate of' de at Large My Commissi expirea: ~ Rerurn To: _ „ _ ~ ~ F~rst federal Savi~gs 3 toan Association - ~ G~ Fort P.e,ec'. _ . . . t.._i ` 1`?IS --L.3:._. .i~~.Wb~3I4~ / F~rt P:-•rce. Frc.;c~a ' , ~ I t ~ ~ fIlEO ANC~ RECOROE~ I j ST. LUClE C:•UMTY Fl . ~ ; This Instrumeni Prepared 8y Kerilleth FO1t2 RGCE=~ ~~?Tit~S . Fir;t Federal Sav+n s& loan Association CLERK C+rGU?T CQURT f~ f of Fort Pierce~ F'].orida pcr,~.F" ~~r =~E7._. - ~ ~ Checked By ~V{j 3 a~ PM'~` r 2359'71 ; 800K~V~ PAr,f1404 is i - - - - , ~x~ ~Y.; . - ~