The URL can be used to link to this page

Home My WebLink About0654 3. To ptace and coroinuously keep on the bu~!d~ngs ~ow or heresfte~ a~~uate on sa~d land and on ali eq~~pmeM and personally covr~ed by this mo~tg- sge, wi~A all premiwT~s ihcreon pa.d ~n (u+l, fire insurance ~n ihe ~sual siandard poG~y {prrn, i~ a sum a~proved by ~he MOR~GAGEE, and w~nds~onn ~nsurante in ~he usual iTandard po~.cy iwm, in a s~m approved by the MURTGAGEE, in such company o~ compan:as as ~he A'IORTGAGEE may d'erecl; •nd all fire and w~ncistorm insuranca poi~cies on any of s~~d b~~ld.ngs, ~ny ioreras~ therein or pa~t th~reof, in 1he aggrega~e sum atoresa~d or in excess ~h~~eof, shall con+;,~ ~he usuat sta~~dxd mor.g~gre uouse w sucF~ oth~r c~aase as the Mortya~ee may req~.re, nia?ing rl~e ioss unJer sa~d poli- c;rs, each and every, payab!e ro sa~d 11tORIGAGEE as ns +ntertst may appeab and each and every such po:~c~ aha~l be prompry a~s gn~d and da'•~.e~~~d ~o sny h~id by sa+d MORTGAGEE as fur~he~ secur~ty ro sa~d mortgage drb1, and, not less Ihan ten (101 days in ad:ance of t~e eap~rat~on o; eacF~ poi~cy, to de- live~ to said MORTGAGFE a renewai thereof, toge~her with a rece~p~ for the premium of such renewae; and ~hr~e shael br no f.re o~ windstonn inaurance placed on any of said buitdi~~gs, any intereit there~n w part ?hereof, unless in the (orm and with the loss p~yat,le aa afcresaid; and in the event any sum of money becwnes payable undtr wch poticy w poLcias said MORTGAGEE sh~ll have the opt:on to rrceive and apply ~he sa~ne on account of the i+~d~•rard• ness secured hrreby or io perm;l sa;d IAORTGAGORS to recrive and use it or any part thrrrot tor o~nt~r. ~;urpoics, v.~~ho„t ih:r,~r .,~iY~"~ ~r ,~~:~,,,,r• ing any equ~ty, lien o~ r~ght u~dzr w by viriue of this mo~tgage; and in Ihe event sa~d MORTGAGORS shall for any reason iail to kaep the sa~d p~emis,s so ~nsured, o? fail to deliver pranptty any of said policies uf ~nsurance ro said MURIGAGEE, oa fa~; prwnptly to pay fu :y any pren.;,;m therefo~ or in a~y resped fail to perform, d~scharge, eaecute, etfed, completa, comply wirh and ab~de by this covenan~, or any p~rt hereof, said MORTGAGEE may p~acc a~~d pay tw such insurance or any par~ thrreof w~thout waiving or affecting any option, lien, equ~ty, o? Ngh~ under or by virtue of this Mortgage, and fhe f~ll amount of each and every i~ch paymen~ shall be immediately due and payable and shall bear interest irom the date thereof un~il p~~d at the rate ol n~r.e per centum per annum and togrth•_r w~~h such in!er~•st yhafi be srcured by Ihe Geo of Ihis mortgage. 1. To perrtiil, commit or suffer no waste, impairment or date~ioration of said property o? any part lhereof. 5. To pay all and singu!a~ the costs, charges and expenses, ~nci~ding a reasonabte attorney's fee and cosrs of abstracts of tit?e, incurred or paid at any Iime by sa~d A~10RTGAGfE, becavie a i~ the event of the fa~lure on the part of the seid MORTGAGOR to duly, pro+»ptly and f~ily Fe~form, d~schsrge, rxecute, effeU, comptete, tomply wah and ab:de by each and every the stipu~auons, agreements, tond~hons, and tove~ants of sa~d promissory ~ote ar.d th~s mo~tgage any or e~~her, and said costs, charges and expenses, each a»d every, shall be immediately due and payaU:e; whether or no1 there be nor~ce d? mand, attempt ro coltect or suit pending; snd ~he (ull amount of each and every svch payment shatl bea. in~erest from the date thereof umil paid af the ~.~~e of nine per tcntum per annum; end all sa~d costs, ct,arges and expenses ~rxurred or paid, togrtt~er w~th such ~nrerest, shaU be secwed by the I~e~ ol th~~ mortpsge. 6. Tha1 (a) in the event of any brrach of this Morrgage or default on the part of the MORTGAGQR, or ;b) in the event any of sa:d sums of money herein referred to be ~ol pro~nptly ar.d fvlly paid within th:rty (301 days next after the same severalty become due and payable, witho~~ demand or norite, or (t) ~n the event each and every tF~ st~pu:at~ons, ag~eements. cor.~+itions and covenants oi sa.d pro~n~ssory note and th~s mortgage any or e~ther are not ~~ty, promptly anJ fuiiy performed, d.scharg._d, execurad, eifecfed, completed, complied w;~h a~d a6~ded `ay, then in e~~her or any svch eveM ~he said ag ~regate sum mentioned in said promissory nore then rema+ning unpaid, with in!e~esi accrued, and a~l monrys secured hereby, shall become due an~ pay eb,e forthwith, o~ thereafter, at Ihe opt;an of said MORTGAGEE, as fully a~d comptete~y as if ail of the aaid sums of money were or~ginnify s~~pu~ated ro be pald on suth day, anything in sa:d promissory note or in th~s hlortgage to the contrary notvvirhstaridiitig; and eherev~ ar therrafte~ at the opt~on of sa~~ /y10RTGAGEE, without notice o~ drmand, au~t at law w in equity, therefore w therealter begun, may be prosecuted as if all moneys secured hereby nad matured pr~or to its institution. , 7. That in the event Mat at the beginning of or at any t~me pend~ng any su~t upon this Mortgage, O? to foreclose tt, or fo reform it, or to ertfo~to payment oi any daims hereunder, said MORTGAGEE shall apply to the Cow~ having junsd.ction thereoi ior the appo~ntment of a Receiver, sucA Covrt shaii forthwith dppoi~t a reteive~ of said mortgaged property atl and singular, i~clvd~ng ail and sinyu~ar the income, proi~ts, issues and revenues from whatever source derived, each and every of wh;ch, it being eapress!y undersrood, iy hereby mo~tgaged as if spec~fically uf forih and described in the granting and habendum clauaes hereof, and such Qeceiver shail have all the b~oad artd effecnve funa~ons and powers in anywise emrusted by a Cou.t to a Receiver, and s:.:h apFoin~me~f shali be made by such Court as a~ ad~nitt~ equity and a ma~ter of abso!~te right to said MORTGAGEE, a~d w~rhout ~eference to the edeq~acy or inadeq~acy oi the value of the property mwtgaged or to the so.vency o~ insotvency of sa~d A10RSGAGOR or the delendants, and that such rems, profirs, intome, issues and revea~es shall be appiied by auch Receiver accord~ng to the lien or equity of sa~d h10RiGAGEE and the practice of such Court. 8. To duly, prompt:y and fu:ly perform, d~scharge, exec~te, effett, comp!ete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promisso:y no!e and ihis mortgage set forth. 9. That in tfie event the ownership of the mortgaged prem~ses, or any part thercof, becomes vested in a person other than the MORTGAGOR, fFe R'ORTGAGE~, irs successars and ass~gns, may, wirhout nor,ce to the VlOR1GAOR, deat whh such s~ccesso. or wccessor in imerest wifh reference to this R o•tgage and the debt hereby sec~r~l io the same manner as w~th fAortgagor wi~hout in any way vif;ating ar d~scharging the Mo*tgagori liability here- ~nder w upon the debt hereby secured. No sa;e of the Frem~ses hereby mortgaged and no forbearance on tht part of the IdORiGAGEE or its successors o: assigns and no exrers:on of the time for the payment of rhe debt h~reby sec~red g~ven by the MORTGAGEE or its s~ccessors or ass:gns, a~~all operate ro re!ease, d~scharge, mod~fy ~hange or alfect the orig,nal liau~i~ty of the MORiGAGOR herein, either in wFole or in part. )0_ It is spec~ficalty agreed that ti~ne ~s ot the essen~e of th~s contract and that no waiver of any o6l~gat~on hereunder or of the obtigation sc cvred hereby shaU at any time thereaher be heid to be a wa~~er of the terma hereoi w of the instr~ment secured herby. 11. In ;;id.f~on to the forego'nn ~nonth:y payme~ts of p~;n: pal and imere:t requ~red by the prom s>ory norE srcured here6~, mor?gagor covenants 3nd agrees to pay fo mo:tgagee .~ith each ~con~hly pay~::ero an add~nonal wm estln,ated 6y mortgagee to be equai to I, 12 of t,iz ann~al cost of the iottow- ~~F~; ' A-All real properry ta,czs levi~~ or asse:sed ag~i•~si the abnve desaib~d r~al estate. 8-Prem~u+:is on iire and winds~orm ~nsurarce as here~n requ;red to be carried on !he ~mprovements sit~ate on ihe above d_scribed premises. C-Premi~ms on such mor:3-;ge guarenty insurance as mc*tgagee shall 'ro-r t~me to :~me deem f~t to carry o~ the loan secured hereby. Mortgagee sho!I from time to *ir,.e not~fy mo::gagcr in writing ~f the amowt d~e and payable hereunder and s~ch sum shall thrreupon be due and c ayabie on the due aate of th= next montht~ paym~nt a~d each sv:tessive mcr.th thereaiter ur,tie mortgagee sha!1 notify mongagor of a change in suth a~ o~nt. Such wms s6a:l be aNF::ied by mortgagee toward tne payment of real property taxes, insura~ce prem.ums, a~id mortgage guaraniy insuronce t>~emiumf. IN Y~ITNESS Y:HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year~iirst aforesaid. Signed, Sealed and delivered in ihe presence of: ~ r~ _ ~ 'C . ~al) i ~ ($eAl) (Seal) (Seaq jTATE OF FLORIDA ~ St. Lucie u- ~OLINTY OF ~ ; Befwe me personally appeared Ha rry w• QQnd and ! Mazga ret A• BOZiCl h;s wife, to me well known and known to me to be t tne individuals described in and who executed the fo egoi ~r.s{~ument, and acknowledged before me that tbey executed the same fw the purposes ~ rherein expressed. And rhe sa;d Ma rga ret d. ~Ilt1 .M~fe of the sa~d y t Ha zr W• $OZ1(~ upon a separate and private j examioation by me taken separate and apa?t from her said husband, acknowledged to and before me that she exetuted said i~strument frgely and volun- ra~;iy and withovt any compulsion, cons!raint, apprehens:on, or fear of or frarte her said husband. WliNESS my hand and officia! seal thiL_ 10t21 day o V~r A. D. 1972 ` , Notary Public in and for State Flori¢6~d l~rge . My Comm~ssioa expites - " f~ Return To: , ' . - First Federal Savings ~ loan Associatkon ~ - 7 J " ' • Of fort P e.ce- ~ NOTARY PUBC~, SU~[ o~(,~~~ g~luw~ tTiu Fo~t Piarce, Ftorida ~MY COMMISSIpN'~IRES QbC• ~~}97j ' • BondeO Tb~u Ge~;~~Jnt~ir~AE~ Unae~}~t~. FIlEO AN~ RECOROEb ~ ' ST. LUCIE COUNTY flA. y~., ~ i ROCER POITRAS ~ ' This Instrument Prepared By ~p~ W~ Co11iA5 ~~ERK ClitCUIT'COUNT ~ First Federal Savings & Loan Assouat+on RECORD vE~'F?.D ' of Fort Pierce ~ Florida 9 SS.~H ~~Z ~ Checked B~i~-" gpOK 208 VAGf ~ 242010 ~ js ro.~~..~ . _ . . R y, s*,~„-+~ °i. ~ ~•f ~~Lr ~ 's"r-z'"s~ ~ ~r~ ~~'r''~s~°,r,"-"^r.5( ~~Yy^ _ ~ _ " F~ _ ' . . _ _ . . ~ ...s. .