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Home My WebLink About2813 3. To place and continuously kcep on the bui!dings now or hereaiter situate on said land and on ali equip~ne~t and persona~~y covered by thi: mo~ age, w~th all premiums thereon pa~d in futi, fire insuiance in tiie ~sual standard poticy form, in a som aFproved by the MORiGAGEE, and w~~dsto ~nsura~.ce in ~he usual standard poi.cy fonn, in a sum approved by the MORTGAGEE, in such company or con,panies as the MO~TGAGEE direct; and all lire a~d w~ndsto:m insurance policies on any of sa~d build~ngs, any interesl ~heiei~? or part thereof, in fhe aggregate wm afo~esaid in extess Ihereof, shatl ;ontain ~he usual sta~idard mortgagee clause or suth olher tlause as the !'Ao~tgayee may requ~re, making the loss under aa~d Qo c~es, each and every, pay~b!e to sa~d h1pRTGAGEE as ~ts imerest may appear, and each and every auch po:~cy ahatl be promprly ass gned and det~vared t any held by saEd MORiGAGEE as fur~her security to said mortgage debt, and, not less than ten (10) days in advance of the expira!ion of each policy, to d~ l:ver to said MORiGAGEE a renewal thereof, toge~her with a rece~pt for the premium of such ~enewal; and there shal! br no f~re or windsto~m insuranc p!aced on any of said build~r~gs, any interest therein or part Ihereof, unless in the form and with ~he loss paya6fe as afo~esaid; and in thc event any sun of mo~ey'becOmes payable u~td2r such policy w pol~cies uid A10RTGAGEE shall have the option to retei.•e and app!y the same on account of the indrbted neu aecured hereby or to pennit safd MORTGAGORS ~o receive and use it or any part the:cof tor o:h~~r pw~ ~ses, ..nfwvt ~h ur .~.:~vi ~3 or ~~np<,~r ing a~y equ~ty, Gen w ri9ht under or by virtue of ~his mo:!gage; and in fhe event sa~d MORTGAGORS shall for any ~eaaon fail to keep the said premisrs so insu~ed, or fail to deiiver pr~mptly any of said polities of insurante to said MORTGAGEE, or fai! promptly to pay fu~:y any pre~ni~m therrtor or in any respeU fail to perform, discharge, rxecute, e~fect, complete, comply with and abide by th~s cov.nan~, or any part hareoi, said MORTGAGEE may piace ~:~tl pay fw such inwrance oi any pa» thzreof witbout waiving o~ affecting any option, lien, equ~ty, or ?ight unde~ or by virwe of this Mongage, and'~hE fu:l a~no~m of each and every wch paymeN shall be immediately dve and payable and shall bear interest from the date thereof until paid at the rate o1 nmF {,er centum ~¢r annurn and ~o~ethur v,ith such inter~st shail be szcured by fhe lien of this rrtortgage. d. To permif, comm+t w suffer no waste, impairment pr dereriaration of said property oi any part thereof. 5. To pay a!I and sirx,~~lar the costs, charges and ezpenses, including a reasoneble attwney's fee and costs of abstracts of tifle, incurred or paid at any time by said MORiGAG:E, because or in the event of the iailure on the part of ~he said A10RTGAGOR to duly, pro:nptly and fully pe~form, d~scharge. ~xcwte, eifect: complete, comply w~rh and ab:de by eath a~ every ~he stipulateons, agreemenfs, tondi!io~s, and covenants of said p~omissory note and ttris ~:ortgage any or e~~her, and sa~d costs, tharges and expenses, each and every, shall be immediately due and payab!e; whe~her or not there be not~ce dz n,a~d, atte~npt to coliett or suit pend~ng; and the full emount of each and every such payment shall bear imerest from rhe da>e thereof until pa~d a1 the r.~re oj n;ne per c~nwm pa~ an:~u:~r, and a1t said costs, charges and ex~enses incurred or paid, together w~th wch imerest, shall be setured by the tien o( this mo~tgage. 6. That (a) ~n the event of any breach of this Mortgage or default on the parf of the MORTGAGOR, or (b) in the event any ot sa;d sum= of money h~~rein refe~~ed to be not promprly and fu:ly pa;d wiThin th~rty (30) days ~ext after the sar.ie seve~aHy become due and payabfe, without demand or notice, or (c) in tha event each and every the stipulatior.s, agreements, cond~tions and covenants of sa.d promissory nete and th.s mortgage any or either are no1 i~ly, promptly and fu(Iy performed, d:scharg.=d, execured, efFected, ~ompleted, compl;ed wi~h and abided Sy, then in either ar any such evero 1he sa~d ag ~r~~qate sum men!ioned in said promissery note then remaining unpa~d, ~vith inte~est accrued, and all moncys secured hereby, shall become due and pay ao;e fo~thwith, or ~horeafter, at the option of seid MORTGAGEE, as fully and completely as ii ail of the said sums oF money were o~iginally sr;puiated ro be pa~d on such dcy, anything in _a:d prom~ssory note or i+i this Mortgage to the contrary r,ot~nrithstand+ng; and thereupon or thereafter at the opNon of s>:d MORTGAGEE, without not~ce or de~nand, suit at law a in equity, therefore or thereafter begun, may be prosecuted as if all moneys secured hereby n_d matured pnpr t0 ds inStitutiOn. - 7. ihat in the event tha! at the beg;nning of or at any time pending any suit upon th~s Morigage, or to foreclose it, o~ to reform it, or to enforce payment of any cleims hereunder, said MORTGAGEE shaR apply to the Court having junsd~alo~ thereot for the a~pointment of a Receiver, wch Court shall fcrihwith appoim a r¢~eive~ of said mcrtgaged property all and singutar, includ~ng alI and s+ngular the encome, profifs, issues-and revenues from whatever scurce derived, each and every of wh~ch, it being express!y understood, is hereby mortgaged as if spec~fically set forth and described in the granting and t,abend~m dauses hereof, and such Receiver shal{ have all the broad and effecrive funcnons and po.vers in anywise entrusted by a Cou.t ro a Receiver, and s~ch apppinrmenT shaU be made by i~ch Court as an admitted equity and a maner of absot~!e right ro said MORTGAGEE, and withaut reference to the adequacy or inadequacy of the value of the property moregaged or to the so~vency or insow~ncy of said MORTGAGOR or tha defendants, and that such re•,fs, profits, incane, issues and revenues shaii be appiied by such Receiver accordmg to the ~ien or eqviry of said MORTGAGEE and the prectice of such Court. B. To d~fy, prompr!y and iulty perform, dis:harge, ezecute, effect, complete, con,ply with and abide by each and every the stipulations, agreements, :c-1d'eions and covenants ~n sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becorr.es vesred in a person other than the MORTGAGpR, the :'ORTGAGEE, its suctessors and ass~gns, may, wiihovt notice to the MORTGAOR, deal with such successor or successor in interest with ~eference to this o•~gage and the d=ot he~eby secured in the same M1ianner as with Mongagor without in any way vitiating or d~xharging ~he Morfgagors' liability here- :,~~der or upon she debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the pan of the IAORiGAGEE or its successors e~ ass~9ns and no eate~sion of the time for the paymem of the debt hereby secured given by the MORTGA(',EE or its successws or assigns, ahal~ operate re±ease, d~scharge, mod~fy c1~ar.ge or affecf the orig~nal liability of the MORiGAGOR here;n, eifbei in whole or in part, )0. It is spec~(icauy agreed that tlme is of the esser.te of this contratl and that no waiver of any obl~gatron hereunder or -of the abligation se- cured hereby shah at any time iherea~ter be heid to be a waiver of the terms hereof or of the instrument secured herby. 11. !n „dd tic~ to the forego nq month!y paym~nts of pri~c'pa! and interest requ~red by the prom~sscry no!e se~~recj hereby, mortgagor tovenants d agr=es to pay io n,o-rgayee w~rh each monthiy payr.:ent an add;riona! sum est;:rated by mortg3gee to be eyual to 1; 12 of the annual tost of the follow- A-All real Froperty tax~s le•~ied or assessed agai~st the above described real estate. B Pre~r:~o ns on fir~ and wir,dstorm insvracce as herein requ;red to be carried on the ~mproveme~ts s~tuate on the above d_scribed premises. C-Prem~u~-~s o~ svch mortc~;ge guaranty insurance as mongagee shal! from time tq ~ime deem fit to carry on the loan secured hereby. Morrgagee s~a!1 f.c,n N;n~ to t;~ne ne~~fy mortgagor in wrft~ng of the amo~~t due and payable hereunder and such su~n shail thereupon be due and : ayable on th~ ci~e da!e of the next month: f paymem and each successive month thereafie~ uctit mcrtgagee shall notify mortgagor Of a change in such ~.ounr. Such s~ms sFa:i be app!i~~d 4y mortgagee ~o~var~ the payment of real property taxes, insvrance prem~ums, and mortgage guaranfy insurante .~~~e•niums. ~ - IN \'lITNESS ':JH~REOf, thc sa~d MORTGAGOR has hereunto set his hand and scai the day and year first aforesaid. Sgned, Sealed and detivered in the presence of: C' Seal) cs~an c5ean - - (Seal) S~ATE OF FLORiDA ~ . ~OUNTY OF St. Lucie 1 Before me personally appeared Rdv~Ad C.Roberts and - _l~Aifif RAbQZtS his wife, to me well known and knnwn to me to !x tt~_ individuals described in and who e:ecuted the foregoing instrument, and acknowledged before me that they executed the same for the purposey rherein expressed. And the said JoAnn Roberts ,.;fe of the sa~a _Ravaond C• RO~ZtS ^ upon a separete aod private e.emination by me taAen separate and apart from her sa~d husband, ackrawledged fo and before me that she execufed said insvument freely and volum ~~-~~y and w~thout any computsion, constraint, apprehension, or fear of or from her said husband. , WITNE55 my hand and offic~al seal th~s Q~/lG~i . da o NOVe~~r A. d. 19 ~2 Y . . : . Notary Public in a~d for t ate of F ~~,srtsr~',; My Comm~ssion expires: N RY PUB:fC Ret~rn To: ~ISTA~ FLQRIQA ~GE First Federal Sav~ngs a loan Associat~on ' MY COAIMIS,SIQ~ ~~'~~p• E~o Of~'.2 29: 1~75 OondM Thr /~r~IVniu~anq bflderviQltb. Of fort P,erce. ForT P~erCe, fioricJa ~EM ~y,~ ~ d .^~f ~ ; ~ ~NQ ~ECOR ~ ; _ f1LE0 • lA. ~ ~ 'Z ..•',c~~ : 1' . St• aOC~F pO~TRAS ' ` CLEAK Ct~.v!!{T COIIRT '•,,,,hr; ?~,~=~'fr ` This Instrument Prepared By John W. COIIins yEFtr ~E~ r+'!"~ ' First Federal Savin s 8 Loan Association pEC~p~ of Fort Pierce, Flozida 6 g 16 AM - ~ Checked ey~__ o a 2t~~,,36`7 s~~ 207 ~~81i ;S ~ - - - _ _ - - -