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Home My WebLink About0085 To pl~ca a.~d co~vin~cusly keep on the b~i'du~gs now or hereafter a~wau on sa~d land and on ali ~qu~p~»ent and personally covrrzd by this mor age, w~th all.prin~:~:r~s +h~•~eon };3d ~n fut~, f~re insuroncc ~n tha us~al s»~~d~~d po~~cy lo~m, in a s.:m aHproved bt ~hr MOR~~%aGEE, a~~d w~:~Jsto ~~su~ance in tF~_ usual ifandard {:o:,cy for~n, in a wm aNproved by ~he h10RTGAGEE, in such tompany o~ ta:npan~es as the MORivAGfE d~recl; and a~l lire ar,d w~ndstonn insv~ante polic~es on any of said buiid.ngs, any intereat the~ein ur part th~reof. in the aggragat,; s~~~~ aforesa~d in excess ~hr~eof, shall :ont~in the us~a~ si~ndard mortgagre dause or such othe~ c!ause as the Mortgagee may ~eqv.re, meking ~}~e ~oss unJar sa~d po c:es, each and every, payabte to sa~d A~tORIGAGEE as ~ts inte~est may appear, and each and every wch po:~cy shail be prompdy ass g~~rd and d~;~.~red ~ any h-rld by so~d tiIORIGAGEE as furrhar securlty to said mongage debt, and, not less ~han ten (101 d~ys in aJ:ance ef ti~r exN~~ahon of each po~;cy, to d~ ~ I~ver to said l,10RTGAGE~ a renev~al thereof, togethrr with a rece~pt fo~ the premium ot such (B~1Cwa!; and ~hare shall ba no f~re o• vmdseo~m ir.surant placed on any o( sa~d build~ngs, any interest therem or part thereof, ur~lcis in the form and wiih the ioss payob!e as a4oresa~d; and in the event any sun of money bc-comes pay~b!e unde~ wch pot~cy w pot~cias said MOR?GAGEE shall havt the opt~on to recr~~e .,nd apF~!y t~~e sa~re on accou~~t of the ind~bt~~d i;_•ss scwreJ hereby or ro permit s~id M~IRTGAGORS to ~°Ceive dnd use it W dny pa~t thc:col tc~ o:~r r~.u~:::s~s. .•.:tn~~! th .~i a•~i~i C~ i~~tp,•u ~~g any equ:ry, I:en w right und~~~ or by virtue of th;s martgage; and m the evem sa:d A10RTGAGORS shall `or any rrason fail to k~ep ~he sa~d prem~ses so :ns~.c-d. or fail ro det~ver prornNtly any of sa~d po~~ucs of insurance to sa;d MORTGAGEE, o~ fa~! pron,ptly to pay fu:iy any pt~n~w~n thcrelor or in any respect fail to pcr(orm, d~sch,rge, exec~te, effect, con~ptetc, canply with and abide by this coven~nt, or any p~rt hareof, s:~id MGRTGAGEE may place a~d F~y fcr such insurante or any part thereOi wu~out waiving w affetting any option, lien, equity, or ~~gM under or by virtue of this Mortgagr, dnd the f;;lt mnount of each and e.rry such payment ahall br immediately due and payable and shall brar interest from ~h~ date thereof until p.,id a~ the rate ol ~~~i~e per cenwrn per ann~m cnd tc~~th.~r vreth wch interest shau be srwred by the lien o( this mortgagt. To permit, commit or wfier no waste, impaimient or deterioration of sa~d property or any pu1 thereof. _ 5. To ~ ay all and singular the co:ts, charges and expense:, includ~ng a reasonab~e attorney"s iee and costs of abstraUs of tirle, incurred or pa~d at t~n,e by sa~d h1QRIGAG:E, bacause or in the event oi the ~aiture on tne part of ~he said MORiGAGOR ro duly, promptly and fv:~y perform, dncharge. _.~wte, effea, comp.ere, co:nply wnh and ab:J~ by each and every the stipuiat~ons, agrerme~its, condiuons, a~~d covena~vs of sa~d pro~r~~;sory note a~~d th~s ,;;rTgage any or e~~her, and sa:d costs, charges and expenses, each and eve~y, shall be immediarrly due and payab.e; wherher or not the~e be no~~ce ds ~'..,nd, aue~np~ to co~lect or suit pendmg; and the futl amouet of each and every such paymem shall bea~ in~erest irom the date thereot untii paid at ~he o~ n~~ie per c~~ntu~n F~cr an~:u:n; anC a~! said wsrs, ci,a~ges and ex,~er~ses inturred w paid, togrthcr weh such interast, shall be sxured by the lien of this n,o~tgage. 6. That (a; in the event of any breach of th~s Mortgage or default o~ tF~ part of the MORTGAGOR, or ;b) fn the 2vent any of sa:d sums of money h~~re~n ~efe:red to b•_ r.ot pro•:~p!Iy and fuily paid w~shin th~rty (30i days next aircr the same seve~a':y beco:ne d«e and payable, without demand or not~ce. cr :c) in rhr event each ar.d every the stipu~ations, agreemanfs, cond~~ions and covenants of sa.d pron~issory note anJ th~s nwngage any o+ euher are nol i,,;y, prompNy and f~liy performed, d scharged, executed, effected, comp~eted, compGed wifh and a~~ded Sy, then in e:ther or any such event ~he sa~d ag ~ate Sum mennonad in se~d pro~nissory note thrn rcrnd~ning unpaid, with intere,t acu~ed, and atl moreys set~red hereby, Stiall becume d~e and pay a;, c~ torThw~th, or ther~~afrer, at the opt~on of soid MORTGAGEE, as (ully and camplete~y as if aiI of thr s~~d wms oi money were or~ginatly s~~pulated • be pa:d on such d,:y, anything in sa:d pro:n~ssory note or in this MorTgage fo the cOntrary not.vithstand~~ig; and thereupon or thcreafter at the opt~on of s~::i l10RTGAGEE, wiihcut nonce or demand, surt at law or in equity, therefore w thereaher begvn, may be prosecuted as if all mor~eys secured hereby d matured p:~or to ~ts institutwn. 7. Thar in the event that at the beginn:ng of or at any time pend~ng any su~t upon this Mortgage, or to foreclose it, or to reform it, or to enforce :.~yment of any ci;,i::u he~eunder, said tdORTGAGEE sha11 appiy to the Court having ~urnd.ct~or. thcreof for the aopo~ntmenl of a Receivcr, such Court shail ~:hwr~rh appo~nt a recei:er of said mortgagro property ali and singutar, includ ng ail and s~ngu~ar ihe i+xo~»e, profrts, issues and revenues hom whatever ~ rce derived, each and every of wh:ch, it be;ng expressty understood, is Fereby mortgaged as if spec~l~cally szt fo~~h and desc~ibed in the g~anring and endvm tia~ses hrrcof, ar.d wch Receiver shail have all ihe b:oad and effect~ve funcs.ons and powers in anyw~se entrusted by a Court to a Recei.er, and ct-. appoi~tment sh~i1 ~x made by such Court as an admitted eq~ity and a matter of absolure r:gt~t to said b:JRTGAGEE, a~d v~ithcut re(erer.ce to the tc.~vacy or inadeq~acy of the value of the property mortgaged or to the so~vency or ~nso~vrnq of sa:d MORiGAGOR or the deiandants, ar.d that such -+s, profits, inco~ne. ~ssues and rever.~es sha~l be applied by such Receiver accord~:~g to the lier. or equ~ty ot said h10RTGAGEE and the practice of such Court. ~ B. To d~:y, prempt:y and fully perform, d~scharge, execute, effect, compfete, comply w~~h and abide by each and every the stipuiations, agreements, ~cnditions ar.d covenants in sa.d prom;ssory note and this mortgage set forth. . 9. Thar in fhe eve:~t the ownersh~p of the mortgaged premises. or any Fart tnereof, 6ecomes vested in a person other than the MORTGAGOR, the : JRTGAGFE, its succeswrs ard assgns, may, wirhout nonce to the MORTGAOR, deal with such successor or successor in interest with reference to this i rgaqe ard the d r~t hereby secured in the same manr.er as with 1.5orfgagor w~thout in any way vit,ating or d~scharging the /lortgagors' liabiiity here- ,_ier or upon the d_•bt hereLy secured. No sa'e oi the premises hereb~r mortgaged and no fo~bearan~e on the part of thr /hORTGAGEE or its successors .-s;,~ns a^d ~o exre~s~on ot the nme ',cr the paymem of the debt he.eby sec~red given by the lAORTGAGEE or its successws or ass:gns, auall operate c: re!ease, d.scharge, mod~fy cfiange o.• affect fhe orig•nal liab!I~ty of the M~ORTGACst~R herein, either in whole or in part. 10. It is spec:Eica(ky agreed that time is of the essence cf this contract and that no waiver of ar.y ob(~gat~on hereunder or of the obligation se- c~•_d hereby sfi~:a at anr time tnereatier be he!d to be a wai~ar of the terms hereof or of the instrumem secured herby. 11. In ,::i^ ~:o ~ to tF.e forego ng mor.th!y paymenis of pri:x pa! and interest requ~red by the prom sscry nose xcured herrby, mortga~or cove~ants "?~B'=-'S 'r3r to r.:o iga3ce ,ti,th each ~„u~~rh y payr.,enr an add~:ional sum est~n,ated by mortg3gee to be equai to 1: 12 04 the annuai cost of the foilow- A-AI; r~al prop^rty raxrs le.~ed or assessed aoal•}ss th: a6ove describ^_d real esfate. i - 'i S Fr,•:.~,; r:t on f:~~ ar.o v:indstorm insurar.:e as nere~n mqu~red to be canied on the improveme~ts s~tvate on thc abovc d~stribed premises. i C-Pre~•~~;;:~ s o> >cth mort~sge guaranty ir.s~~~ar.ce as martgagee shail from t me to time ~+ecm fit to carry on the foan secu~ed hereby. M l.lortg,~gre sh, t f.cm n»e to t~~~:e nct~fy mortgager m wr~t~ng of the amou~t due artd payab~e hereun~ar and such su~n shail th~~re~pon be due a~d .b•e on ?h~- d.~~~ a: te oi th~ n•~xt month:~ payment and each successive month !hereaft~r w:til mortgagee shall aot~fy mortgagor of a change in such { ,nt. Such su~ns s~.~!i t:e app:'ied by mortgag?e toward the paymeni of rezl property taxes, inwrance prem;~ms, aad mortgage guarenty insurance ~ . ~~~niums. ~ IN Y~ITPJ~SS `.YHFREOF, the sa~d l1VORTGAGOR has hereunto set his hard a~d seal the day and year ' oresaid.l~C~r'K~^ ~g a and elivered in the presence of: ~ E ~ ~ v - ~ - - . _ ~$CA~) - y. " 1 _($eal) a (Seal) _ - O1 Renta a k a Ol a Od ~~ap _-;:,E oF ecpasa~oc ~rv~o .f'i~ o Renta ~ u- :~U'a P f ~i~~ p _ ~ i~f~~~o3y9 Francisco Renta ~ fore me personally appeared and _ OZ )a Renta a~C a ~1 1 ~d@ Renta h;s w~fe, to me well known and kno~vn to me to be individua?s descr~bed in and who execute trument, and acknowiedged beforc me that they executed the same for the purposes a ,_•~in expressed And the said_ ~ ta a a 0 r..`e of the sa~d - T'' Y 1 ~ _ vpon a separate and private ~ - _ ~ •~_~n:nar.on by me taKan separate and r'}1~rom sba wledged to and befpre me that she executed said instrument freeiy and volun- y and w~thout any compu,sion, con af~, ap fear from her said h od. ~ WITNESS my hand and officia~ s ~is ~ of_ OCtOb@Y / A_ D. 1972 ~ ~ ~ ' ~ . Q otarv P~,6I;c~n and for te of Fl~da large • ~ , My Comm~ss~on e,cpirey/ yL~ " Retum io: ~ / ~ First Federa! Savings 3 Loan Associat~on '~~.~$~O C ~ ! , L ~ `~w" ~f FU/1 P f'::.•. . ~ r ~ - • Fori Pierce, Ftor~tli ~ ~ ~ fILED AM^ aECJRDEO x• ST. LUCIE GOUMTY FLA. j ~ ROCE~ ?~~~aAS ~ ~ This Instrume~t Prepared By ~I~ H. Roberts, Jr. CLE~K G:~GU~T COURT ~ First Federat Savings 8~ Loan Association RECOR~3 VE~. =iEO ~ of Fort Pierce ~ Florida ~ Checked By - - • . ~ ~ ~ 26 ~H ~Z ~ B~QG!! 2~8 ~ncE $5 241553 ~ . _ _ . . , ~ , n``~~-~~~ ~~~~.x_~.~~~; ~Qe _ :s~ . s . . _ _ . _ _ ~ _