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Home My WebLink About1735 3. To piace and continuousiy keep on the bui:dings now or hereafter situate on sa~d land and on alf equip~nenl and personslly tovered by th+s mo~ ege, w:~h all prem~ums thereon pa;d'in tull, fire inw~ante in the uwal stand~rd policy form, in a sum ap}xoved by tht MUR~GAGEE, and windsto ~nwrance in tha usual s+andard pufcy fam, in a wm approved by ~he MORTGAGEE, in such tompany or tom~a~ies as ?he h102TGAGEE m d~recr; and all fire and w;nda~orm insurance potrcies on any o( said buildmgs, any intereat therein or pa~t thnreof, in the a9grega~e su~n •toresaid fn excess thereoF, shall :unrain ~he uwal standjrd mo~~9agee clause w such olher d~~se as Ihe M~rtgagee may requ.re, ma?~ng the ~oss u~~drr sa~d po c~ei. each and every, payab!r to said MORTGAGEE as ~ts imerest may appea?, and each and every wch poiic~/ sha11 be promptly ass gned and de~~ve~rd ~ any hetd by sa~d l.10RlGAGEE as furrher security to sa~d enortgage debt, and, not less than ten (10) days in advance o~ the expnahon of each poGcy, to d. I,ver to sald A10RTGAGEE a renewal thereof, toge~her with a receipt fw the premium oi svch renexaf; and ~here shall be no f:re oi w~~~ds~o~m inw~anc p!jced on any of sa~d b~ildmgs, any intrrest there~n w pa~~ thereof, unless in the (orm and wi~h ihe loss paya6le as aforesaid; and in the event any sun of money 6eto~nes payabte under s~th policy or poGcies said MORTGAGEE shall have the opt~on to reca~ve ar~d app!y the same on attount of Iha indabted ness secured hereby or ro permit sa;d MORTGAGOQ$ ta retaive and we it or any part thr.cof 4or o:n, r Hur, osrs, ..~~ho•~t ~h.•~ or x~~.i.,~ or n~~p.~r ;ng a~y equ~ty, I(en or rlyht under or by virwe of this mcrrgage; a~d in the even~ sa[d MORTGAGORS shafl tor any reason tail to keep the sa~d p~em~ses so r,r~~ed, or fail fo de'~ver promptly any of said poGc~es of ~nsu~anee to sa~d MORiGAGEE, o~ fai! promptly to pay Eu~ly any premi.rm therefor or in a~~y respect iail to perform, dncharge, earcure, eiFect, comp!ete, comply wirh and abido by this coven3m, or any Qa~t hareof, said MGRTGAGEE may piate a:~o for such insurance or any part thereof without waiving or afFecting any optiort, lien, equ~ty, or r~ght under w by virtue of thls Atortg~ge, and fhe f, :I a~notin~ of each and every such paymem shall be im~nediately due and payable and shail bea~ interest f:om tho date thereof until po~d at the rate ot ~,e per cent~m per ar.n~:n anJ to~ether ,nith suth inter~st shai~ be secured by the lien of this mortgage. 4. io pern,ir, commit or suf(er no waste, impairmrnt or deterioration of said property o~ any part thereof. S. To pay all and singular the costs, charges and ezpense:, including a reasonable attorney's fee and costs of abstracts of title, incurred or paid at >ny time by sa~d MORSGAGEE, beca~se a in the evem of the failure on the pa~t of the said MORTGAGOR to duly, p~ompNy ar.d fully perform, d~xharge .ccvte, eifect, complete, co~np~y wnh and ab:de by each and every the stipulauons, aqreemems, conditlons, and covenants of sa~d p~o:nissory note and this .:origage any or e~ther, and sa:d costs, charges and expenses, each and every, shaN be immediately due and payable; whether or nof there be notice d~ n•,nd, attempt to co~lect or wit pend.ng; and the full a,nount of each and every such paymem shall bear interes~ irom the date thereot until paid at the r r._ o< n~ne pe~ cenrum pcr anuu~n; a:id all said :usts. charges and expenses in~urred ot pa~d, together wdh such interest, shall be secured by the lien of thii •r.ortgaye. 6. That (a) in the eveht oi any breach of this Mortgage or default on the part of t~~e MORTGAGOR, or ~b) in the event any of sa:d sums of money t<•rein referred to be not pron,Ntly and fully paid wiihin th,rty (30) days next atrer the same severa::y become due and payabte, without deroand or notice, or :.c) m thr event each and every tne stipulatfo~s, agreements, condrt~ons and covenants of sa.d pro~nisso~y nme and th~s mortgage any or either are no1 j.,ly, pro:apNy and fully performed, d,scharged, exec~ted, eifected, completed, compGed with aad abided 5y, then in either o~ any such evenl the sa~d ag ~-egate wm mentio~~ed in sai~ promissory ncte then remaining unpa~d, with inte~est atcrued, and a~l moneys secured hetrby, shall become due and pay eo a forih vith, or thereafter, at the opt~on of said MORiGAGEE, as fully and completety as ii all of the sa~d sums of money were origina~ly st~putated f" bc pa:d on such d~y, anyth~ng in sa.d pro~n~ssory note or in this Mortgage to the tororary notwithstand~ng; and thereupon or thereafter at the opno~ of s~;1 MORTGAGEE, wiihout notrce o~ demand, sud at ~aw or in equity, therefore w thereaiter begun, may be prosecuted as if all moneys secured hereby n. d matvred pnor ro~ts inst~tvnon. 7. That in the event tl~at at the beginn;ng of or at any time pending any suit upon fhis Mo~igage, or to forec~ose it, or to reform it, or to enforce ~ ~1menT of any cla;ms he.eunder, said k~ORTGAGEE shal! apply to the Court having jurisd~ctlon thereof for the appo~ntment of a Receiver, such Court shall ~crth.vith appo:nt a receiver of said mo:tgaged property all and singular, includ~ng ail and singular the irtcome, prohts, issues and revenves from whatever s,~ce deiiv~~d, each and every of wh:ch, d be~ng expressly understood, is hereby mortgaged as if spec~f~cally set iorth and desaibed in the g~aroing and F:t,endum c!auses h..=reof, and svch Receiver shalf have al~ Ihe broad and effecrive funcs,ons and powers in anywise entrusted by a Court to a Receiver, and s_ ~h appointme~~t shall be made by wch Court as an admined equity and a matter of absolute tight to said MORTGAGEE, and without reference to the ac:c~a~;,cy or ir.adeq~acy of tfie va:ue ei the p~operty mortgaged or 1o the so;vency or ~nso~vency of sa~d M.ORiGAGOR or the defendants, and that such r•: ,+s, profirs, inco.ne, issues and revenues shal{ be appiied by such Receiver according to the iien or equity of said MORiGAGEE and the practice of such Coutt. S. To duly, prompt:y and fu~ly perform, discharge, execute, effect, complete, comply w~th and abide by each and every the stiputations, agreements, ,_r~ditions and covenants ~n said promissory note and th~s morrgage set forth. 9. That in the eve~t the ownership of the mortgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the :~R7GAGFE, its successors or,d asslgns, may, wi~hout no+ice to the A10RTGAOR, deal with such successo~ or successor in interest with refere~ce to this 1 0~gage and the debt hereby secured in the same manner as with blortgagor witFw~ut in any way vitiating or d~scharging the Mortgagors' liability herc :ier or upon the d~_br herebr secvred. No sale of the prem;ses hereby mortgaged ar.d no forbearance on the part of the IIIORTGAGEE w its successors , ass~gns and no exrer.swn of the t~me for the payment of the debt hereby secvred g~ven by the MORTGAGEE or its successors or ass~gns, a~~all operate - !o re~ease, d~scharge, modify change or affect the o+ig~nal IiabJny of the MORTGAGOR herein, either in whole or in part. 10. It is spec+ficaily agreed that time is of the essence of this contrect and that no waiver o( any obGgatfon hereunder w of the obligaYwn se- c..:ed hereby shal~ at any nme thereafter be held to be a waiver of the terms he:eof or of the instrument secu~ed herby. 11. In aad tie~ to the forego ng moMhly payments of princ pal and interest required by the prom sscry no!e sec~red hereby, mortgagor eovenants ,;i ;grees ro pay w n:ort3agee ~~n~th each momhiy pay::ient an add~rional sum est~mated b~ mortgagee to be equa! to 1, 12 of the annual cost of the follow- A-A!t real prope•ry taxas tevied or assess_d agai•ist fhc a6ove described real estate. i . . 6-Fr_^. u ns o~ f~re a~d windstonr insvrar.ce as nerem requ~red to be tarried on the ~mprovemeits s~t~ate on the above d:scribed premises. C--Pr~miu.~•s o~ such rnort~ :ge g~aranty inswa~~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. j t,5ortge~ee sn.,:! f~o~n r~n,c to t~r.:e norH f inertyagor in writing of the amouot due and payabte hereund.r and such sum shall thereupon be due and f .,bte o~ thr c?~e dare oi rh~ ~~ext month:y payme~v and each successive month thereafter ur.til mortgagee shall notlfy mortgagor of a change in wch ~ ~ „nt. Such su~ns s! a.~ b~ ap~,'~ed by mo~tgayee toward the payment of real property ta:es, insurance prem:ums, and mortgage guaranty insurance ~ . , ~~vums. IN '~11TP:E55 ':JHERFOf, tne said MORTGAGOR has he~eunto set his hand and seaf the day and year first aforesaid. ~ Signed, Sealed and delivered in the presence of: ~ ~ 1 ~l r(a t Robert Cease ~~aq ~ ' . - . - 15ea1) ~ ~ , ~ ' R Ca5S1Q Ceaser ~ ~~'1~„aq ~TE OF FLORIDA St . Lucie ~JUNTY Of _ ~ Before me personaily appeared Rober t Ce ase r and _Ca551e Ceaser his wife, to me well known and known to me to I~e'. individvais described in and who exec~ted the fwegoing instrument, and acknowledged before me that they e:ecuted the sarrw„~p~„~he poses' ~ Cassie Ceaser ~ ' , ti-= ~ ~~e•ei~ expressed. And the said_ _ ' `i~ _ < re of the sa~d _-BQ~I ~ Ce a se r ~~;~'a •sl~p5rafe and pri~yte~ ~ •+m~nation by me taken separate and apart from her said husband, ack~owledged to and before me that she executed said~nstr~merr~'-freeiy and ~vq(utr ' : ' . ~ _•:.y and w~thout any compu~sion, constraint, apprehens[on, or fear of w from her said husband. ~ - ~~4 ~ \YITNESS my hand and official seal this_ _ 19th day of te ~eI Q ~i. ~lq-~r ` 'y' ~ . ~ ~ ~.J ~ .?a : tY_ ~ Notary Public i and ~for the State o1, f`w~da at lQ~e,= 4 ~ My Commission exp~res: ? I ~ ~ .y J _ ~ Retvrn To: J 1 . First Federal Savings S loan Associat~on - ~ O! fcrt P ~rce. Fo~t C,~~~ce, Fforid~ ~ /p,EO AND pREC~~ ~ ij ~ f~j PO TRAt ~ ~ RK C1~C~1t 0011~T - ~ This Instrument Prepared By RiChatd K. I~~~y[A~FtfO ~ First Federal Savings 8 Loan Association g so ~ of Fort Pierce , Florida ~ ~ Checked By ~ _ 238511 ~ ~ ~ds r BG~r "AGr1732 , ~ - - - - _ ~ `z~.~_._ _ ~ ~