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Home My WebLink About2951 3. To p~ace and co~~tinuously keep on ~he bu~:d~n~s now or herea(ror ~itwte on said Iand and on a!l cqu~pmem and pe~sonally cove~ed by this mar age, w;th a? premiurt~s ~~~e~eon pad ~n iull, i~re insuronce in ~he ~sual a~a~xlaEd po:ity lorm, in a sum aHproved by Iht MUR~GAGEE, and w~:~dsto ,nswance in tha usuat standard ~i•cy io~~n. in a wm approved by tne MORTGAGEE, in auth co~npany or co~npames as thr h'.ORTGAGEE m d~recr, and all iue ar.d w~nds~o~m ins~ranca polic~es on any of sa~d build~ngs, any inferest therein or part lhrreo~, in the aggre9ate sum aforesaid in exceis ~hereof, s~all :onr~in ihe uwal a~andard mo~rgagte clause or such other clause as tha Mortga~ee may requ•re, making thr ~oas u~~der sa~d po c;es, each and every, pa~.,b'e ~o sa~d A~ORTGAGEE as ~~s in+erzst may appea?, and each and every such pw~cy s1~a11 Ise p~omplty ass gned a~~d de:ivcred : any held by ~a~d htORiGAGEE as (u~ther s_curity ~o said mortgage debt, and, nol Iess than ten (t0i da~s in ad+ance of the eapuatlon of eech poGCy, to d. Lver to said A10RiGAGEE a rencvval tl+ereof, toge+her with a rece~pt for the premium ol suth re~ewal; and th~re sha~l ba no i~~e or wi~~dsto~~n ins~ranc ptaced on any oi said b~i!d~~~gs, any interest ~hrre~n a par~ thereof, unlesa in the form and w~~h the loss payable as aforesa~d; and in the event any sun of money becomes payabte under s~ch policy or poGcies said MORiGAGEE shall have ~he opt~on ro rec_ive and apy!y ti~e same on account ol thr indabi~d ness secured her~by or to pertnit said MORiGAGORS to receive and use it w any part th.::~~01 fcr o:ni•r ~.ure,os~s, .•.i~no~~ t!~r. .v_~.~ ~~~~R~~' ~ng any equ~ty, lien or nyh~ under or by vi~tue of this mor'gagc; and i~ the event sa:d MORTGAGORS sha!1 `or any ~eason (ail 1o keep the sa~d prem~ses so ~nsu~ed. or fail to det~ver promptly any of said poLties of insuiance to sa~d MORiGAGEE, or ia~l pcomptly to pay iu:Iy any pce~~~w~n therefor or in a~y respect fail to perfo~m, d+scharge, exe~ute, effect, comp~etr, comply w~~h and abide by Ihis covena:it, oi any part ha~eof, sj~d MGRTGAGEE may piace a~d p+y for svch insurance or any part thereof w~thout waiving or affacting any option, lien, equ~ty, or r~gh~ under or by vinue of th~s Mortgage, and thc f,;;l amo~~t of each and eve~y such pay~nam shall Ee immediately due and payable and shall bra~ interest from tha date thereoF until paid at the rate oi n,~,e ner ce~rum pe~ annu:n and togeth~r with such intr~est shau be secured 'oy the lieo 01 this mortgage. I. To permit, commit or sufier no was~e, impairment or deterioration of said property or any pa~t ther~f. 5. To pay a~l and ;:r.3u.ar the casts, c!:a:ges ar.d exFer.ses, enc!vding a rease+~+ab~e at~omey's fee and costs of abst~ads of tide, incurred or paid at ~ni tu.:e by sa~d h10RiGAGEE, because or in the event af the failure on the part of t~e aaid MORTGAGOR to duty, promptly and f~lly perfo~m, d~scharge. ~.~_wte, eifect, ce~np:ere, co~r.ply wnh and abde by each and every ~he atipula~~ons, agreements, cond~hons, and covenants of sa~d prom~ssory note and th~s ,:o~tgage any or e~~her, and sa:d costs, chargea and expenses, each and every, shall be immed~a~ely due and payab:e; whether or not there be no~~ce d~ .~..,~~d, atte~~~pt to co:iect or wit pend~ng; and the fu~l amouM of eech and every svch paymeN shall bear interest from ~he date thereof umil paid al the • f. oi n~ne per centum F.er a~~~~um; ~nd ail said costs, cha~~es and rxpenses incurred or paid, together w+th such interest, shall be secured by the lie~ of th~i ir.ortgag0. b. That (a) in the event of any breach of th~s Mortgage or defauft on the part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money h~re~n referred to be noi promptly and futiy pald w~tF.+n th~rty (30) days next attcr the same severa!ty become d~e and payab!e, withou~ demand or not~ce, cr ±c} in the event each and evr~y the stipula~ions, agreements, cond~rions and covenants of sa d promissory note and ~h:s ~nortgage any or either are nol i~:y, promptiy and f~liY pe~formcd, d.scharg:d, eaecuted, effected, cwnpteted, compfied wirh and a6ided 5y, then in e~the~ w any such evem ~he sa~d ag ~rc~~ate sum rnentioned in sa~d prom~ssory note then remaining ~npaid, with interes~ accrued: and a!1 mo~eys secu~ed hereby, shall beccme due and pay- no e forth.vith, or therea!ter, at fhe option uf s~~d MORTGAGEE, as lully ar~ completely as if alt of tl~'r said wms of money ~n•e.e onginaily st~pu:atrd be pa:d on wch d~y, anyth~ng in s.3.d prom~ssory note or in this Mortgage to the conr~ary notwi~iista~ding; and thgreupon or therea(ter at the op~~on of ~ d MORiGAGEE, w~rho~t nonce or demand, suit at law or in eq~rty, therefore ot thereaiter begun, may ~be pro~Ctw~ as if all moneys secured hereby } r.:d matured pn0~ to ns institunon. +~1+: , , } 7_ That in tfie event that at the beyirtn~~ig o4 or at any time pend~ng any su~t upon-l{~i~llortgape~a tp~or~ec~ose jt, or to~jg~orm it, o~ to enforce s ;~;~nent of any dauns hereundrr, said MORTGAGEE sha~! appty to the Cour~ having ~uns d S a i b A,tfitaeof iw ~F+~appomt e~~ of~e Re2eiver,°suth Court Shall ! i tc :hwith appoint a rece~ver of said morrgaged proprr~V all and singular, includ~ng aIl and s~~~gular the iRCOme, prof~ts; ~1fe4~ai?'d IeveM1Jei from wh3tever i s ~•ce de~ived. each and every of wh,ch, ft be~ng expressly undersfood, is hereby mortgaged as 14 spec,frcally set fo:th and deseribad in the g~annng ar.d ~ ~,end~m dauses he~eof, and such Receiver shalf have all the b.oad and effect~ve funct•ons and powers in anyw~se emr~sred by a Court to a Receiver, and s.h appointment shali be made by wch Covrt as an admitted equity and a matter of abso:ute right to sa]d MORTGAGEE, a~d withcut reference to the d.~v;cy or inadeqvacy of th~ val~e of the property mongaged or to the savenq or insotvency of said MORiGAGOR or the defendants, and that such :s, proflts, inco.ne, issues and revenues shafl be appiied by such Receirer accord~ng to the Iien or equity of said MORiGAGEE and the p~actice of such Court. 8. To duty, p~ompt!y and fully perform, d~scharge, execute, effect, complete, comply wi~h and ab~de by each and every the stipulations, agreements, ~;.ditions and covenants m sa~d promissory note and ths mortgage set fwth. 9. That in the evens the owrtership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the : ~RTGAGEE, its successors ard ass~gns, may, witho~t norice to the Me)RTGAOR, deal with such successoi or successor in interest wi~h reference to this ~ c~rgage and the debt hereby secured in the same manner as w~th Mortgagor without in any way vit~ating w d~scharging the /dortgagors' liauility here- d=r or upon the debt hereby sec~red. No sa(e of the premises hereby mo~tgaged and no forbea~ance on the pan of the N10RTGAGEE or its svccessors ~:r ass~grs and no exrens~on of the'time for the paymeM of the debt h~reby sewred given ty the MORTGAGEE 'or its wccessors or ass:gns, a~~all oFerate o re±ease, d~scharge, mod~fy change or affect the ong:nal liao~tny of the MORTGAGOR herein, either in whole or in part. 10. It is spec~f~cal:y agreed thar ti~ne is of the essence of this contract and that no wai+er of any obl;gat~on hereunder or of the obligation se- cured hereby shal~ at an~ time thereafter be held Io be a waiver of the terms hereof or of the instrumem sewred herby. 11_ In ~.:;ci cc.z 'o thc icrego r.g enonrhEy paym^nts of princ pal and inrerest requ~red by the prom;sscry no!e secured Fereb~, mortgagor tovenants , d ayr~es to ;~aY ro ~~~orrgayee v~~rh rach ~-~onrh.y pay~.:ent an add~rional sum esn,,ated by mortgagee to be eq~at to 1, 12 of r:ie an~~ual cost of the follow- A--A?I real ~;ropcrty taxas Ic.ic:! or assessed agai•~st the above desaibcd real estate. , 6- Pr:~~ ~u~ns o~ ine and wir.dsto:n, insvracce as herein requ:red to be carr~ed on the improveme~ts s~tuate on the above d_scribed premises. C-Pre: ~iun,s on soch mortg:;ge guaranty ir,swar ~e as mortgagee sha~l (ro~.: t me to time deem fit to carry o~ the loan secured hereoy. h!ongagee s^~'~ ~rom i~~,~e to t~~r:e notify mortyagor in w~iting of the ar:•ouot d~e and payabte hereundar and wch surn shail th~reupon be due and ( .~:b'e on thr cl,,~ c~~!•~ o~ th~ next month:~ payrnent and each sutcess~ve month thereaftet ur.til marigagee shal~ notEfy mortgagor of a thange in such i '~~nt. Such w:~s s~ a:i e;e a~~.lied by mortgag•_e toward the payment of real property taxes, insurante prem:ums, a~~d mo~tgage guaraMy insurance . e,~•~iums. ~ IN \VITP.ESS 'l~HERcOF, the said MORTGAGOR has hereumo set h~s hand and seal the day and year first afor : E ~ S~g ed, $ealed ard d'~vered in the presente of: ~J.... ! I / (Seal) CO R O II ~$~aq , ~ ( G~c~ (Seaq anita Ro oli ~~aq _"~?E OF FLORIDA ~ . St . Lucie ~ ~ :~UrJTY OF ~ Before me perso~ally appeared F=anCO Rogolino end _ Juan i ta Rogo 1 i no his wife, to me well knpwn ~ and, jinown to me to be ?h: ind~viduals described in and who ezecuted the foregoing instrumeM, and acknowledged before me that they ex~cu~ed 1Fse satn~~fp?'the purposes rh•:-ein expressed. And the sa:d_ Juanita Rogolino • ~ - - r:~re of the sa~d _ FYanco Rogolino vpa~ a separate7rK! private .dm:nat:on by me take~ separate and apart from her said husband, acknowledged to and before r.~e that she eucuted•sa+c~ instrument ffeely pnd volurt- y ar,d w:thout any compuision, constraint, apprehens~o~, or fear of or from her said husband. , - WITNESS my har,d and ofiiual seal this__ 4th day of October : t ~ q.~.'19 72 L • • r _ ~ . ~ Notary Pub!ic i~ and for th ~e~ iqf Fbf~d^ ,~lt~targe My Commission expires: ; q~ ~ ~ " Ret~r~ To: ' first Federal Savings 3 loan Associat~on NQTARY PUBUC, STATE of }tOR1DA at l'""' ~ Of Fo~r P~rce t.1Y ~OMMISS~ON EXPIRES SEPi. 25. ii::~ Iq'15 ~ BondEd Sy Amercan Etankers tnsuran~e ~ Fo.t Pi._rce. Florida ~ ~pn tlECO~ fl~ " , t ' i ~ This Instrument Prepared By RiChatd K, Kayes 1E.UC1~~ ~0~~5 j~~ ~ First Federal Savings 8 Loan Association ROCE~,~~~~T ~pURS ~ of Fort Pierce , Florida ~~EAYE~a~1E~-~~! ~ ~ aECCan 1 Ax,.~t i ~ ~ Checked By~l~~ 6 9 ' < ~~oK 2~6 PAGE2~46 j 2393C 4 ~ ~ ; ~ _ _ ~ a,~~~r ~ "R rv,~ ~a~ } „~,'-=r'~a,~`~~~~`~ . _ _