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Home My WebLink About1222 3. 7o ptace and cominuously keep on ~he bui'd~ngs now or her2aiter aituate on said land and on alt cq,~p+nent and personally covered by this mw ege, wEth all prem~vms thcreon pa.d ~n f~ll, f~re ~nsurance ~n the us~al s}andard po~~ty form, in a wm aFproved by ?he /t1OR~v:.GEE, and w~:+dsto ;n:urance in ~he usual st3nd~rd po~.cy form, in a wm approvrd by the h10QTGAGEE, i~ such Comp3ny or companies as ihe RtORTGAGEE m d~~ed; and all fire and w~nJtto~m inSUran:e poilc~ea o~ any of sa~d buiid~ngs, any interest therein ur pact thereof, in the agg~~gare sum aforesa~d in ~x~ess ther¢of, shall contain the usual srandard mortgagae dause or such other dause as the Mcrtgagee may reqv~re, maL.ing the wss unJrr sj~d po c~es, each and every, payab!e to sa~d 1.tORTGAGEE as ~ts in~crast may appear, and each and every such po~~c~ shall be promptiy ass gned a~~d da~iv,rred ~ any he~d by sa~d MORiGAf,EE as fu~+her s_curity ro said n,origage debt, and, not tess than ten (10) days in ad~once oi the ex~~irat~on of each po;~cy, to d~ I1ver to said MORTGAGEE a renewal thereof, together with a rcce~pt for the prem~um of such rene~al; and ~here shail be no fue o~ ~n~nds~onn insuranc p!aced on any of sa~d buildi~gs, any interest there~n or part thereof, unless in the form and with the ioss payable as aforesaid; and in the event any sun oF mo~ey becomes paya6le u~der s~ch policy a pol,cies said MORTGAGEE shall have the opt,on to receive ~~nd apa:y tne same on acc.ou:~~ of the ~ndabtrd ness secured hereby or to permit sa~d ~dORTGAGOR~ to reteive and use it or any port ~h•~:eof ior o:n• r Hur. os~s, .::+i,;;t th:•,.~: ,,,.,.i ~3 cr ~~:p~ir ~ng any equ~ty, lien o~ right under or by virtue oi this mcr'gage; and in the evenr sa'd MORIGAGORS sha!I for any ieason fail to k~ep the sa~d premises so Insured, o~ fail to deliaer prompf:y any of said pol~cies of insuran~e to safd MORTGAGEE, or foii prc~np!ly to pay f~,ly any pre~n~u~n ~herefor or in any r:nFect (ail to perform, discharge, eazcure, ef4ecl, complete, co:nply wirh and abide by thls covena•it, or any part hrreo~, s~;d MQRTv~GEE may piace a~~d n.» f~+ tuch +nsuiance o~ anv part thereof without,waiving or af(ecting any optioo, lien, equity, or n~ht unde~ or by virtue of ihis Mortgage, and thc f~ll amoum ol each and every such paymeM shall br immediately d~e and payable and shaU bea~ interest irom inr cia~~ +i~c+.:v( u~~ii+ N:.:u' at i:`:e r,:se c! •~,ne per centum per ann~m and to~r~h~•r wilh Such inter~st sfiali be sacured by the tien of this motlgage. 4. To permit, commit or suffer no waste, impairmanf or c'eter;o~at~on of said property w any parl the~eof. 5. To pay ail and singular the costs, charges and expenses, including a reasonabfe attor~ey's fee and costs of a6straUS of title, incvrred or paid at iny time by sa~d htURiGAv:E, because or in thc event pf the fa~lure on the part of the s3id MORTGAGOR to duly, prc~~ptly and fufty pe~form, d~scharge. .xecute, etfed, comp2ete, co~~ipfy w~rh and a6de by each and every rhe srip~lar~ons, tgieements, cond~t~ons, and covenants of said pro,»;ssory note and this ~,arrgage any or e~~her, and sa:d costs, charges and expenses, each and every, shall be immediatety due and payab!e; whether or not rhere be notice da r.,an~, attcmpt to coltect or suit pend~rtg; and the futl amounl of each and every such payment sl~ell 6ear interest from Ihe date the.eaf until paid at fhe ~ o~ ~~~~ie per c<nt~~n pcr an„~~,; ~:i~ ail sa~d cos!s, charges and expenses incurred.o~ paid, togatM;r ~v~th such interest, shall be setured by ~he 11en of th~~ mortgage. b. That (a) in the eveM of any breach of this Mortgage or default on the part of the fhORTGAGOR, or ;b) in the evenf any of sa:d sums of money he.ein referird to be nor pro,nptty and fully paid within th~rty (30) days next aite~ the sa~ne severa!ly become due and paya6le, without demand or notice, ~r ~c) in thr event each a~d every ~he sripu:afions, agreements, cond~tions and covenants of sa.d pro:nissory nosr and th.s mortgage any or either are nm ~,,Iy, prompNy and tuity perior~ned, dschargad, execured, effectecl, complered, compl;ed wiih and ab~ded Sy, then in e~ther or any such evero the said ag- a~egate sum mentioerd in said promissory ncte than remaining unpald, with interest atuued, and a~I moneys secu~ed hereby, shalt betome dve and pay ao.e forthwith, or thereafter, at the op+~on ot sa~d h10RTGAG~E, as fully and complerety as if aIl of thc said s~ms of money were or~genaily snpuiated ro br pn;d on svch day, anything in sa d prom:ssory note or in this Mwtgage to the comrary notwithstandu~g; and thereupon or lhereafter at the opnon of s~;f MORTGAGEE, witho~t nonce or demand, suit at law or in equ~ty, therefore or thereai~er begun, may be proSecuted as if atl' mw~eys secured hereby ....:._.ea ~:s,_- t^ ;es . . . 7. Ihat in the event that at the beg;nning of or at any time pending any suit upon this Mbrtgage, or !o foreclose it, or to reform it, o~ ta enforce ~:.~yme~t of any dai~ns he•e~nder, sa~d h10RTGAG'_E shall apply fo the Court having jurisd~ttion thereof for tke appointmero of a Receiver, such Cour1 shafl fa-;hwifh appofnt a receiler of said mortgaged property atI and singular, includ.ng ail and singvlar the ir.co.me, profiu, issues ar.d revenues from whatever r~rce derived, each and every of whch, ~t be~ng express~y undersfood, is hereby mortgaged as if speufically set forth and described i~ the granring and t:~:>endum cVa~ses hereof, and suth Rece~ve~ shail have all the bread and effectlve f~nct.ons and powers in anyw~se emrusted by Cou~t to a Receiver, ar~d s. ch appointme~it shall be n,3de by such Ceurt as an ad~nitted equity and a matter of absol~te r~ght to said MORiGAGEE, and withouf refere~ce to the T~~_~;~acy or inzdequacy of th~ va~ue of the property mo•tgoged or to the so.vency or ;nso~vency oS said MORiGAGOR or the defendants, and that such -~~s, profits, incane, izsues and revenves shali be appi~ed by such Recerver accord~r:g to the lien or equify ot said MORiGAGEE and the practice of suc!~ CJUf1. 8. To duty, prompr:y and f~(!y perform, dizch~rge, execute, effect, comptete, comply w~th and abide by each and every the stipulations, agreements, c~nditions and covenanfs m sa~d prom(ssory note and this mortgage set iorth. 9_ That in the event the ownership of the mortgaged pren,~ses, or any part ti~ereof, becomes vested in a person other than the MORTGAGOR, :he ORTGAGEE, its successors and assigns, may, wi~hout norice to the MORiGAOR, deal with such successor or wccessor in interest with refere~ce to this r~ o•~9age a~d the debt hereby sec~red in the same manner as with Mor.gagor without in any way vit:ating or ducharging the lAortgagors' liability here- ~~:der flr upon the debt hereby sec~red. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORTGAGEE or its successors or ass~gns and no eztens~on ot the time ior the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, snall operate ro release, d~scharge, mod~fy change or affecr the orlg~nal liab~;;ry of the MORiGAGOR herein, eifher in whole or in part. 10. It is spec~fical)y agreed rhat fi~»e is of the essence of this contratt and that no waiver of any obl~gat~on hereundet or of the obligation se- cored hereby sha~: at any time thereatter be held ro be a waiver of the terms hereof pr of the instr~ment secured herby. 11. In ddd tio~ to the foregc ng month:y paymen~s of princ pal and intrrest requi~ed by the prom:ssory no'e sccu~ed hereb{, mort9agor eovenaNs +~.d agrees to pay to n:c'tqaqee Kirh each +nonthiy p,~y+.jer~t an add:+ienal sum est:n;a~ed by mo•tg3gee to he equa~ to 1. 12 of the annua{ cost of the follow- A-All real propersy tax;s lev~ed or assessed agai•ist the above describcd real estate. 6- Prenuu ns o~ f~cr and windsronn insu~arce as here~n requ~red to be carried en the ~mprovemeots situate on ihe above d_scribed premises. C-P~e~niw~~s on such mortq:~oe guaranty ~r.svrar~ce as mongagee sha'.! froT t me to ti~ne deem fit to carry on 1he Ioan secured hereby. Mortgagee sha'! 'rom ti~ne to tlme nor.fy mortgagor in writ~ng of the amouv due and payable hereundar and such surn sha:l Ihereupon be due and ,;,able on th~• d~e aare of th, r.e..t month:~ paymem and e~ch successive month thereafter untii mcrtgagee shall notify mortgagor of a change in such ~unL $vch sums sh;eJ F;e aF.E:;~rd by mortgagae rowa~d the payment of real property taxes, ins~rance prem,ums, and mortgage g~aranty insurante .~•rmiums. IN ~'lITNESS :.'HER:OF, the said MORTG:.GOR has hereunto set his ha„d and scal the day and year first aforesaid. Signed, Seated an etivered 'n the p~ sence of: ~ ~ ~ . , (Seal) ~-t. -Y, ` (Seal) - - {Seaq - - (Sea l) 5 ~ ~7E OF FLORIDA ~ ~~UNTY OF _ St. Lucie ( Before me personally appeared Cha rl ps F. G1m 1 t e and , Flaine J. White his wile, to me we!! k~own and known to me to be ~h~ ind~viduais described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes rherein expressed_ And the sa~a_~~_ Elaine J. b11~11tP ::~fe of the aaid Ch~PS E. P~~llte ~ upon a separate and private c.am:nat~on by nie taEen separate and apart from her said husband, acknowledged ro and before me that she executed sa;d instrument f~eeJy and volun- ~ty and w~thout any compu~sion, constraint, appre ns~on, or fear of w from her said husband. WITNESS my hand and offic~al seal this-~Z~ day of October ~ ~ n. d:: .;9~? . otary Pubtic i~ and for the te ri~a!large My Commission expires: - ~ Return To: ' - ' . First Federal Savings b loan Assodanon IYOfARY PUBLIC, ST11'k` Of ~ORIDA a~RGF - O! Forr P.~•rce ~ MY C01~1lHISSiON F.7~P18ES;DE~.. 2Q~~19J5.. fort Pi~r~e. Flcr~dj ~~~~85 BoneeO Thr~ Genets~ lhzu~ln[e Undtwrittri. . '`-';i,~_~ •S. This Instrument Pre ared B f LEO ANO RECOROEO p y,)ohn td. Col lins i~.LUCIE COUMTY FLA. l Fir;t Federal Savings & laan Association ROCEr PG?1RAS of Fort Pierce, Floric~a RGCO~RViRtflFp ~OU ~ Checked By 4~i____ _ (kT 1O $ 17 aK'7~ 0 R EocK 207 rr,c~12~ ~ _ _ - - - r _ - -