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Home My WebLink About0959 3. To piace and continuovsiy ke~p on the bui'dmgs now er hereafter •~rua~e on sa~d ~and and un aC rqu~p~nrnt and personally tove~ed by this m.Ktg- ege, with all premiums thereon pad ~n (ull, f~rc u1SU~d~CC ~n ~he ~sua~ sta~~da~d po~~cy form, in a s~m appro+Cd by the MJR~vAGEE, a~:d w~~~Jatuim fnsuronce in the us~al uand.~rd po:.cy form, in a s~m appro~ed by fha MURiGAGfE, in such canpany or ccn,pan~es as ihe ?.~ORTGAGEE may direcl; a~d all li~e and w~nds~o~m insurance polic~es on any of sa~d, bu~~d.ngs, any inleresl Ihe~e~n ur part thcraof, in the aggragate sum afOresaid or in eacess th~reof, shall to~tain the ~sual i~ar.d.~rd mongayre clause or su<h othe~ dause as the hlortya~ee may requ.re, maL.~n9 the ~oss u~~da~ s~~d pola c~rs, each and eve.y, paYab!e to s3~d ti10Rit~AGEE as ~~s ~nterest ~nay appear, and each and e~e~y avch µ~'~c~r shall be prompity aes g~~~d a+~d de~~v~•r ~ ~o any held by sa~d h50RIGAGEE as fu~th~r srcurity to said ~nortgage debt, and, not less lhan ten (10) days in adYance of the eap~~et~o~~ of each pol~cy, to de- i~ver to said MORiGAGEE a renev~a~ thereof, togeiher wiih a rece~pt for the prenuum of such re~~ewa~; and ~hero shaU be no f.re or w~~~.lsro~m inwrance placed on any of said b~ild~ngs, any iroe~esl there~n a part thereof, unless in the form and w~ih the loss payabie as aforeiaid; and in the e.eN any sum of mo~ay becomes payabla widrr wch pclicy o~ poLcies said A10RTGAGEE shail have ~he optfon to recrive and apply tha same on ac.o~nt oi the i~~d~•btrd- ness secured hereby or ?o ptrmit said IdORTGAGORS ro retei~c arx! use it w any part the:rot tor o:n•~~ pur; ~irs. ..~~i,o;t th.•~~ ur ing any equ~ty, lien or r:yht undrr or by virtue of this nzo"gage; and in Ihe event sa.d MORTG~GOR$ sha11 fcr any reasoo fa71 to k~•ep the sid premisas so ~nsurcd, or fail fo detive~ promptly any ol said poLcies of i~sura~ce to sa~d MORTGAGEE, or tai! promp~{y to pay fu;ty any prr~~~~um theretor o+ ~'+Y resped tail to perform, d~scha.ge, execute, eifect, comp'err, co~nply with and ab~de by this covanant, or any par~ hareof, sa~d MORTGAGiE m.:y piace a:~d pay (or such insurance ut any part thareof without vvaiving or affecring any option, lien, equ~ty, or right under or by wrtue of this Mortgagr, and the fvil amo~nl of each and e.~ery such payment shal! be ~rt,rnediately due and payable ar~d shall bear interest from the date thereof uniil pa+d at the rate ot .,~ne per centum per ann~m and to~ether with wch intrrest shaG be s~currd by the lien of Ihis mortgage. t. To permit, tummit or suffe~ no waste, impairment w de~eriorat~on of sa~d property or any part thereof. 5. To pay all and singular the c~sts, charges and eYpenses, ~nciuding a reasonab!e attorney's fee and costs of acstracts of t~tte, inwrred or pa~d at any time by said MORTGAG:E, because w in ~he even+ of ~he fa~lure on the part of ~he said MORiGAGOR to duty, pro~nptly and f~ily per(orm, d.scti:arge. execute, effect, comp~ete, comply wnh and ab:de by each and every the stipv:at~ons, agreements, condit~ons. and cove~~anfs oi said p~o~nissory ~ote a:~d thls mortgagt any or e~the~, and sa:d cos~s, charges and e:penses, each and evary, shall be immediately due and payable; whether or not there te nor~ce dr mand, a»empt to co:lect or suit pend~ng; and the full amoum o4 each and every wch payment sh311 bear ;~terest from the date thereof until paid at the r.:r~~ of nine per centum par anuo:n; and alt said tusts, charges and cx{Knses ~nc~rred or paid, Iogethe~ w~th suth ~nterest, shall be szcured by the lirn of th~~ mortgage. 6. That (a) in the evenf of any bre~ch of this Mortgage or default on ths part of tF.e MORTGAGOR, or ;b) in tha event any of sa:d sums of maney hrrein referred to be not prornpNy and fully paid with~n thuty ~301 days next ai~er the same seve~a'ty beCOme due and payab!e, wiU~out de~nand or nonce, ^r (c) in the event each and eve~y the stipu:anons, agrrements, condisions ar.d covenants of sa.d promissory note and th~s mortgage any or either are not iwy, promptly and f~lly performed, d s:harg~, exec~ted, effected, compieted, compi:ed wirh and ab~drd 5y, then in e~ther or any wch event the sa~d ag ~regate sum ment;oned in said promissoiy nofe then remaining unpaid, with inrere;t accrued, and a~l moneys secured hereby, shatl become due and pay aole forthwith, or thereaher, at the opT~on of said MORTGAGEE, aa fully and complerely as if att of the said wms of money were or~g~naUy snp~:ared ro be pa~d on such d.:y, anything in sa.d pro:iusswy note or in th~s Moftgage ro the con~rary notwithstanding; and thereupon or thereaiter at the op~~on of sa~d MOATGAGEE, withOUt nonce o~ demand, suit at law or in equity, therefore or thereat~e~ begun, may be prosecuted as if all moneys setured hereby n_d matured pnor to ~ts institut~on. 7. ihat in the event that at the beginn~ng of or at any time pending any su~t upon t1~is Mortgage, or to foreclose it, or to ~eform it, or to en(orce payment of any claims he~eunder, said MORTGAGEE shali apply to the Cou~~ hav~ng ~ur~sd:ction thereof for the appo~ntment of a Recriver, such Co~rt sha{I Forthwith appoint a rece~ver of said mortgaged property all and sinyular, intlud..~g all and aingular the inco~ne, p~of,ts, iswes ar.d revenues lrom wh~te~e? source derived, each and every of wh:ch, it being expressly vndersiood, is hereby mortgaged as if spec:fica~ly set forth and desuibed in the g~anring and h.,oendum dauses hereof, and such Receiver sha~I have al1 the 6road and effective funct.ons and powers in anywise entrusted ty a Cou~t to a Receiver, and s_ch appointment ahall be made by such Cou~t as an admittrd equity and a mauer of absolute nght to sa~d MORTGAGEE, and wiiiwut reference to the adeq~acy or inadequacy of the value of the properry mortgaged or to the so~vency or uisc„vency of sa:d !.10RiGAGOR or the defendants, and rhat such r~••~rs, profits, income, ~ssues and revenues shall be applied by such Recz~ver accordu~g to the tien or equ~ty of said MORTGAGEE end the prad~ce of such Court. - 8. To duty, promptly and futly perform, discharge, execute, effect, complete, compiy with and ab~de by each and every the stipula:ions, agree~nents, :o:~ditions and covenants ~n said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part tnereof, 6ecomes vested in a person o~her than the MORTGAGOR, the ~'.~RTGAGEE, its successors and ass~gns, ~~ay, wishout not~ce to ~he \10RTGAOR, deal with such sutcessor ot s~tcessor in inierest with reference to this ~'.c•tgage and the debt hereby secured in the same manner as w~;h f.!ortgagor w+thout in any way vit~ating o~ d~scharging the fdortgagori liab,tity here- ~,~der or upon the debt hereby secured. No sate of fhe prenuses hereby mortyaged ar.d no forbearance on the part of ~he ?AGRiGAGEE or its successors or ass~g~s and no exte~sion of the t~rne for the paymene of the d>b+ h~reby set~red given by the MORTGAGEE or its successors or ass:gns, at:all operate ro re~ease, d~scharge, mod~fy change or affect the original tiab:~:ty of the t1'~ORTGAGOR here~~, either in whole or i~ parL 10. It is speufically agreed that time is of the essence of this cont~act and that no waiver of any ob~tgat~on hereunder or of the obligatio~ se- c~red hereby shall at any time thcreafter be he:d to be a wa~ver of the terms hereof or of the instrument sctured herby. 11. In add:tio~ to ti:e foregc ng menth!y payments of p-inc pa! ard intrres` ceq~ired by the prom:sscry note secvred hereb{, mortgagar covenants ~~.d agrees to pay to mortgagee ~nith each monthiy pay~nent an add~~ionaf sum est~maced by mutgagee to be equal to 1; 12 oi the annual cost of the follow- , , A-All real property taxas lev~ed or assessed agat•ist the above described real estate. 6--Premiu~nz on fire ar.d wir.dstorm inwracce as h~~re~n requ:red to be carriea cn the ~mproveme~ts stuate on ft~c abovc desuibed premises. C-Premiums on se;ch mortgage guaranty msv:a~.ce as mortgagee shaU from ::me so time deem fit to carry on t!~e loan sec~red hereby. Mortgagee sh~(~ frcm ti~se to time rtotify mertgagor ~n w.~nng of the amo~~t d~e and payable hereundar and s~ch s~+n shali thereupon be due and i ;~,able on the due dare of ~he ,texr month:y paymenr and each suuess~ve monih tnereaft:r ur,rii mortgagee shat: net~fy mortgagor of a change in such ~ ~ ounL Such wms sFa:i {>e app:ied by mortgagee rowa~d the pa~m.e~t of real preperty taxes, insura~zce prem.ums, and mortyage gua~anty insurance ~ -emiums. ~ IN Y~tTPJESS 'NHEREOf, the sa~d MORTGAGOR has hereunto set his hand and seat the day and year fj~st ai resaid.n j Signed, aled and eiive~ed in tfie resente of: /Jr' ~ f ~ / 'z. ~i~ ~ - - - c5ea~~ ~ _ Hector R. uiar ~~,i~ ~ " ; (Seal) e i ~ ! ~ ,''1 ~ ! Alba L. Aa ~ _ (sea~~ ~ SiaTE Of FLORIDA ;I ~ $ CJU"JTY OF St. Lucie ~ Beforc me personally appeared _ HeCtOY R• ~u1dZ a~ _ Albd j.• Ae 111ar his wife, to me wel! know~ and known to me to be r'r;e individuafs described in and who executed the foregoiruJ instrument, and acknowiedged befwe me that they executed the aame for the purposes ~ rhere~n expressed. And the said Alba L. Aouiar ~ ,v:fe of the said - HeCtOY R• ~t11dZ ~_~n t,s~~pprPte~y~d pr.ivate ~ e.~minat~on by me taken separate and apart from her said husband, acknowledged to and before me that she eaecuted t~~ ueftiuroenl'fcee~y•i0d v,olun- ~a•~.y and w~thout any computtion, constraint, appre nf;pn, or fear of or from her yaid husband. ~ ~ ~t''_ , .y.,L ; , WITNE55 my Fwnd and offrciaf seal this_ - day of NOVP~II_~~ T .~q.'p.qq_~Z ~ fi ~ 1 i_=, r_ ~ . ? _ Notary Pubiic in and aK • (e O s y rlorida ~ Laf~!! - ~ My Commissioo expires: ~ ~ ~ ~ . s Retum To: ~ . ~ First Fedetal Savings 3 loan Associaron . $j?~~ ` f ~ Of fort P.~rce. '~~~lllllll~~~~~~"`,, ~i fort Pierce. Norida . '4 ~ . _ ~ Ff~ED aKh R°_C~ROEO ST. LUCtE ~OUlrTr FLA. ~ ROCEa °OITRAS ~ CLERK ~'~:~UiT COURT L This Instrument Prepared By pgnnis F. Holerger pE~~gr, yfp <<cp~.~ ~ First Federaf Savings 8 Loan Association - ~ ~ ~u ~ of Fort Pierce , Rlorida ~ ~l 9 38 Mf~ ~ Checked By ~ ~ ~ ~~2245 ~ - ao~x ~~8 ~s~ 9~59 ~4 ~ * . : ~.s v r, : ~ ~ , ~ . ~ ~~'~4.~~ ~~~"+`~s~~~._~ L_ _ 3 '~{E~ Y'~~~1~