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Home My WebLink About1803 3. To p~ue and continuously keep on the bui'dings now or hereafler situate on said land and on al! cquipment ard personal~y covered by this mor ege, w:th all prenuums ~t,ereon pa.d ~n futl, Gre insurance in ~he usual srandard po,~cy form, in a wm a~.p~oved by thc MJR~GAGEE. and w~ndsto ~nsura~te in tha usual s!a~:d~~d pol,ty form, in a svm approved by the MORTGAGEE, in suth company Or Compan~ei aS the h10RTGAGEE m d~rect; a~d all iiro ar.d w~nJ;torm insura~ce po:ic~es on any of said build~ngs, any interesl therein o~ part thrreof, in ~he aggrega~e su~n a~oresa~d ~n excesa ~hereof, shall ;on~ain the ~su~l s~a~~dard morrgagee ciause or such o~hrr clause as the Mortgagee may req~.re, ma?~~g ~he ~oss ~~~da. sa~d po c~es, each and evrry, pa~:,b'e to sa~d :1JRiGAGEE as ~ts intcrest may appear, and each and eve~y such poi~cy ahall be promptiy ass gnrJ end de:ivered + any held by sa~d h10RIGAGEE as (urther sacurity to said mortgage debt, and, no~ ~es~ Ihan ten i101 days in ativance of the exp~rat~on of each pot~cy, to d~ I;~er to sa~d A10RTGAGEE a re+~ewal thereof, toge~her wiih a rece~pt for the premivm oi such renewal; and ~here ihail be no i~re or windironn insu~anc pl3ced o~ any o( said bvi!d~n~s, any intrrest tt,ere~n or part thc~eof, un!ess in ihe form and with the ~oss payabfe ~s aforcnoid; and in the event any sun of money becornes payabte vndrr such policy or poLci~s s3id MORTGAGEE shall have ihe op~~on to ~ec~~~e and app!y the same on accoun~ of ~he indeb~ed r.ess srcurrd hareby w to permil sa~d MORTGAGORS ro reeeive and use it w any par~ ~he:aof tor o:r~~ r ~w{ csrs, v.:~~»~t ih~•. or w~~+~ ~7 or ~„~p:.~~ ing any equ~ty, I~en or r~ght under or by virtue of this mo:tgage; and in the event sad MORTGAGOR$ shall Sor any reason fail lo kcep thc said premist•s so ~nsvred, or iail to de~iver proa~ptty any of said po~~e:es of insurance to sa~d MORTGAGEE, o~ fa;~ promptly to pay fully any pr~m~um therefo~ or in any resprci fa~1 to perfo~m, d~sch,rye, ezecutr, effect, compiete, co:nply with and ab~de by this covenant, or any par~ hereo(, snid MGRT.f'iAGEE may piace a~d pey for wch inw~ance cr any pa~t tnere~f witho~t waiving or aifecting any option, lien, equ~ty, or right unde~ or bi virtue of this Mortgage, and thc tull a~~tov~t of each and e~ery such paymem shall be immediately dve and payable and shall baar interest from tha dote thereof untii p„~d at the rate oi p~r cenTVm per annu.r ~nd ro3eth~•r w~th such ir.reres~ shall be srwred by the lien of this morrgage. 4. To permii, comm:t or sut{er no wasta, impairment or deterioration of said property w any part thereof. 5. To pay atl and sin9ular Ihe costs, charges and expenses, including a reasonable attuney's iee and costs of abanacts of t~tle, incurred or paid at any t;me by sa~d MORiGAGEE, because o~ in the event of the ta;lure on Ihe part of the said MORTGAGOR to duly, promptly and f~:ly perform, d~scharge. _.~cvte, ef(ec~, cwnplete, compty wah and ab:de by each and every the stipulauons, agreenmros, conditions, and covenants oi sa~d pro:niuory note and th~s .,,orfgage any o~ e~~her, and sa.d costs, charges and expenses, each and every, shall be immediately due and payable; whether or not ihere be not~ce d~ c„nd, attempt to coiieU or svil pend~ng; and the (ult a~nount of each and every such payment shall bea. interest from the date thereof until paid at Ihe • re of n~ne per ccntum Nar an~~u:~ , ~nd ail sa~d costs, charges and ex,~tnses incurred or paid, together wah suth interest, shall be aetured by the I~en of this mor?gage• 6. That (a) in the evem of any breach of this Mortgage or default on the part of the MORTGAGOR, or ;b) in the event any o( sa:d sums of money !•,~~re~n ~eferred to be not promptty and fully paid wiihin th~rty (30) days next aiter the same severa:ly become due and payabte, wiihout demand or notice, cr ~c) in thr event each and every ~he stipulatio~s, ag~~meNS, conditions and covenants oi sa.d promissory note a~~d th:s mortgage any er eithe? are nm ±~~iy, promptly and f~tly performed, d:scharged, ezecuted, effected, completed, compl~ed with and abided Sy, ~hen in either or any such eveM ~he sa~d ag a•~gate sum mentioned in said promissory note theo remaining unpaid, with intere>t aurued, and aH moneys sewred hereby, shall become due and pay a~ foithwith, or therrafter, at the op!~on of said h10RTGAGEE, as fully and comptete~y as if alt of th~ sa+d sums oi money were ong~nally snpu~ated ~ He pa.d on wch d~y, an~thing m sa.d p~o:n~ssory note w in this ~Vlortgage to the contrary notwithstand~ug; and ~hereupon or thereafter at the option of d lVtiORTvAGEE, w~thout not~ce or dema~ed, auil at law or in equity, therefore w Ihereafter begun, may be prosecuted as if all moneys secured hereby n:d maturcd pnot to ~ts institution. , 7, That in ~he event that at rhe t,ey~nn~ng of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform it, o? to eniorce _;ment of any claims he~eur.der, sa~d A50RTGAGEE shatl apply to the Court having ju~isdaion thereof for the appo~mment of a Receiver, such Coun sF.ail ~o; thw~rh eppo~m a rece~ver o( said mortgaged property all and singular, includ~ng atl and sing~lar the irscome, prol~ts, issues and revenues from whatever s_ :~ce de~ived, erch and every of wh.<h, ~t be~ng expressty understond, ~s hereby morrgaged as if spec~fieally set forth and desaibed in the granti~~g and t,bendum c~avses hereof, ar.d wch Receiver sha11 have alt the b~oad and effect~ve funct,ons a~d powers in anywne entrusted by a Cou~t to a Receiver, and s. ch appointment shalt be made by wch Covrt as an admitted equity and a rr,~tter oi absolute right to sa~d MORTGAGEE, and without re(eren.-e to the a.!_q;,acy or inadequacy of the value o~ the property mortgaged or te the so.vency or in:olve~cy o( said MORiGAGOR or the defendants, and that such • rs, proiits, inco.ne, ~ssues and revenues shai~ be applied by wch Receiver accord~ng to tne tien or equity ot said MORTGAGEE and the practice of wch CourL ~ 8. To du!y, prompt:y and fulty perfo~m, discharge, execure, effect, complete, compty w~th and abide by each and every the stipulations, agreements, ~~:~diticns and covenams in sa~d promissory note and th~s mortgage set fwth. 9. That in the event the ownership of ~he mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the R7GAGEE, irs wccessors and ass~gns, may, without notice to the MORTGAOR, deal with such successor or successor in interest wi~h reference to this origage acd the d_rot hereby secured in the same manner as with fdortgagor without in any way vit+ating or discharging the fdortgagors' liabilify her~ :~der or ~pon the drbt hereby secured. No sale of ihe premises hereby mortgaged ard no forbea~ance on the part oi the IAORTGAGEE or its successws c-• ,ss~g~s and no exrersion of the t~me for the payment of the debf hereby secured g~ven by the MORTGAGEE o~ its successors or ass~gns, a~iall operate c re!e.~ze, d~scharge, modify change or aifect the orig~nal lia~~:ity of Ihe MORTGAGOR herein, either in whole or in part. 10. It is spec~fically ag.eed that time is of the essence of th~s contrad and that no waiver of any ob~~garion hereender or ef the obligation se- c~red hereby shal~ at any time thereafter be he:d to be a waivzr of the terms hereof w of the instrumeM secured herby. I 1. In ~;id tle~ !o the forego ng mor.th~y paym~nts of pri~c"pal and iMerest required by the prom'sscry no!e secwed hereb~, mortgagor tovenanfs ~ a~r_•es w pay to ~~:ortgagee ~nnc ~ach ~nonrh:y F;ay~.~ent an add~~~onat sum estlmated by mortgagee to be eqval to 1, 12 of the annual cost of the foflow- , A-All rcal rrop~rty fax•.s le•n_d or aszessed agai~ist thc a6ove dezcribed real estate. ~ B Pr a~ ~u :~s o~ f~re an~ wintJztpnn ~nsuracce as nere~n req~~~r~d to be canied en the improveme~ts s~tuate on the above d=su~bed premises. C-Pr:•~•:~u ~ s oo such rr.ortgage guaranry ir.sura..ce as mortgagee shail fro:f: t:me to time deem fit to carry on the loan sec~red hereby. I Alortg;g~•e sF,~'! !rom :ime to t~:.,e nc+ify mcrtgogor ~n writmg of the amount dve and payable hereundrr and such su~~ shall thcreupon be due and ! .,~t~!e on th_ d~e da!e oi rn~ nc~t n:onth:~ payment and each successive month thereaher ur.ril mcrtgagee shall not;fy mortgagor of a cha~ge in wch ~ ~u~s. Such sv:ns sha.i Le aF.~•i~ed by mortgagee toward the payrrent of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~ . -.~.~niums. ~ IN \'.1TNE~5 :+Ff=R~Of, the sa;d MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. Signed, Sealed an~delivered in the presence of: r _ (Seap • t-' ' l5eal) ~ ~ 1~~(SeaQ Louise D. Si9q (T ~~aq ST..TE OF FLORIDA u_ ~ JU!JTY OF St . Ltl~$ 1 Before me personally appeared Alfred u. S1gQ ' Z~ I_AIIisP D S1Q9 - his wife, to me well known and kad~hrlp4o~~e fo h~ " ~`s ~c• ind~viduats described in and who e:ecuted the foregoing instrument, and acknowledged before me that they eaecuted the sarAe for tj?e purpo !herein expressed. And tha said_. T.O1315@ $1[t,Q • • ~ - ' , ~ - - :.;fc of the sa~a _~lfred__H. S1g9_ ~'upona sqparate ~nd'prfxafs c..3m~nat~on by me taFen separate and apart from her said husband, acknowledged to and beFore me that she executed sajd iqtt(ument fr1lly aud ~volxn-: - ~,•~:y and w:thour any compulsion, constraint, appreh ns~or~r fear of w from her~aid husband. „ - ~ " WITNESS my hand and official seal this_ ~ day af ~ t b Q~1 Q~'1q~- ~ . LJ~rt~ ' q ~ Notary Public ~n and/for the State of FI rida at•ia ~ ~ ~ My Comm~ssion eap~res: $ TA~~ ~ R~tvrn To: ~ - ~ - / _S • , Finr Federal Savings a loan Association O! Fcrt P ~ rce ' Fort Fi~rce. Fl~nd+ f ~ED A1iD RECOADE~ \ =~.LUCIE CQUN?Y FCA. ~ ROCEa POITRAS ~ ~ John W. Collins ' CtERK CIFCU~T COURT This Instrument Prepared By~ AECORD VEP~f~EO...~.~ First Federal Sav~ngs & loan Association of Fort rierce~ Florlda ~ r~ j~ 1' ~~t ~ Checked By rLL~-___-- a ~ 2.38554 : aao~~s N~c~i~ ~ ~ - t lh) r-.~_ _ _ - _ .:."Y rvt' 'e.'~".c~~ ~ ~~z2 _ ~ ~~Z~