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Home My WebLink About1778 9. To p:ace and coarm~ous'.y keep a~ thr bu~'d~ngs now o~ he~ra{~er s~tua~r on se~d land and on a`.~ e~~~p~»ant a~~d pe.sona~ly covrrcd by Ihis mor~g- ags, w~~h all prem~u ns thrrzun pa J~n fult, fi~e ins~~ance +n tne ~suaf stand~rd po'~cy Form, in a sum ayp~o+ad by the h10RiG:.GEE, ar.d winduorm +~surance in tha ~sual s~anda•d pot.cy form, in a sum aNpro~.ed by the MORiGAGEE, in such co~npany o~ co~npan~es as the AM1ORTGAGEE may duech and all iire and w~nJstorm insurante po~~c~es on any ol sa~d build~~gs, any ~nte~es~ there~n or part ~hartwf, in the agg~egaTe swn aioresa~d or in eacess th~rcof, s'~~tl :onfe~n ~he usual s~a~~:da~d ~:~oregaqae dause or such o~her dause as 1he Mor~gayee may requ.re, ~~al.ing ~he toss undrr sa~d po~i- cies, each and rvrry, pata~'r ~o sa~d nWR1GAGEE as ~ts ~ntoreft may appear, ar.d each and evc~y such poi~c/ shall be p~omp~ty aas g~~ad a~~d da:~.~r~d ~o eny heid by so~d MORT;,AGEE as funha~ s:curny io sa~d ~no~~gage debt, and, not lees ~han ten (101 days in advance of ~he expvat~on of each po:+cy, ro du- I~ver to sa~d h10RiGAGEE a re~tewal ~hereof, toge~her with a rece~pt for ~he p~e~n~um of such renrwal; and ~hrre shall be rw i~re or w~:~duonre insurance placed on any of sa~d bu~~d~~~gs, any interest ihere~n or pa~t ~he~eof, unless in the form and wlth the ross payable as aforeaa~d; and in ~he e.en~ a~.y s~m of monry becanes payable undrr sLch pulicy or poLcies said MORTGAGEE shall have ~he opnon to reca~ve and app:y ~he same on accov~~t of ~he ind~br~d• neSS sec~red hereby Or to permit 3i~d MORIGAGORS to reeeive dnd us! it M iny p~tt the:iof lor o:ir_r {.ur~ oses, v.~~~~o~t Ih~•.c~ .~.~..~vi~~) ~"~•p~~'• iny any equ~ry, I~en w riyht ~ndr~ or by virfve of th~s moc~gage; and in the event sa,d MORTG:.GORS sha!I iw any reason fa~l ro kecp ~he sa~d prem~s~~s so insured, w lai) ro dr!~ver pr~,ip~ly any of sa~d poLcies of insurance 1o sa~d MORiGAGEE, or ta~I prOmpt;y to pay fu~ly any pre~~~wm tner~for a in a~y resprct }ail to perform, d~tcharg~, eaec~rr, eFfect, comp~ete, canply with and ab~de by ih~s covc~anr, or any pan ha~eof, s~~d MURivaGEE ma~ p~ace a~~d pay for such insurance or any part thrreof wnhout waiving or aflecting any option, fien, equ~ty, o? right ur,der or by v~~tue of th~s Alortgage, and ihf f„11 amovnt of each a~~d every such paymrnt shall be ;mmed~etely due and payab~e and shail 6ea~ intzrest from the date thereof ~n~ii pa~d at the roie of n~r~e {~r ce~t~rn pe~ a~~n~:n and toy~-tlirr vrith suth intrrest shail be sewred by the lien of th~s mortgege_ J. To permit, commit or suffer no waste, impairmrnt or deterioration uf sa~d p~operty or any part'therrof. 5. To pay all and singufar rhe ccsts, chargef and expenses, including a reasonab!e attorney's fee and casts of abstracts of tiNe, incuned or pa~d at any ti~~e by s..d MURiGAGEE, because o~ ~n ~he event of the fa~iure on ~he pari of ~he said MORTGAGOR to d.,~y, p~anpt{y and fully perfurm, dncharge. ~,rcu~a, effect, co~np!ete. co•np.y w~th and ab:de by each and every the st~puiarrons, agrerments, cond~tbns, and cover.anfs of sa~d prom~ssory note and ~his n:o.tgagr any or e~~her, a~id sa:d costs, cheiges and expenses, each and every, shail be immed~atrty due and payab:e; v.hrther o~ not thare be not~ce dr rnand, anempt to tollect o~ suil prnd~ng; and the full amount of each and every wch payment shall bea~ interesl from the dare ~hereof un~il pa~d at the r•r~ oi n~ne }~er crns~•n prr an~~,..m, and ait sa~d costs, cl~arg~s and ex~rnses ~~xurred or paid, together w~th such interest, ihall be sec~red by ~he I~en of th~i mor Igege. 6. That (a) in The event of any breach of this Martgage or default on the parl of the l:10RTGAGOR, or ;b} io the eveN any of sa d sums of money hc•~ein referrrd to be not pro~nptly and fuliy paid w~~hin th~r~y (30) daya neat atter the same severo~ty becon:e due and payable, w~thou~ demand o~ not~ce, ur ~c) in tha event e~ch anJ ever~ the stipu:auons, agreements, cond~no~~s and covenants of sa•d p~om~ssory note and th.s mo~tgage any or e~tAer are ao1 ~u=y, prompNy and f~+.ty ~rfor~ncd, d.scha~g.=d, eAecured, effected. cofnplered, comNi~ed w~ih and ab;ded Sy, then in e:ther or any wch event the sa~d ag ~-cgate wm mannoned ~n sa~d pron,~ssory ncte thrn rema~ning unpa~d, w~th inTerest accr~eed, and a~i moneys secured hereby, shali become d~e and pay- eU.c forthwith, or ti,ereaf~er, at the opnon of said htUkTGAGEE, as fulty and completety as ii all of the so~d sums oi money were o~~ginaily st~pu:ated ro b.~ patd or: such d:.y, anything ~n sa d pro:n~ssory ~ote or in this 6lortgage to ~he conirary no~.v~~hs~and~ng; and thereupon w the~eafter at the opt~on of s~.d MOR?GAG~E, w~shout nor~ce or demand, sun at law or in equny, the~efore w thereafte~ begun, may be prosecuted as if all moneys sec~red hereby n,:d matured prior to ds inst:t~tion. 7. Tf~at in the e+rnt that at the beginning of or at any ti~ne pr~ding any suit upon this Mortgage, w to foreclose it, or to relo~m it, or to enforce p3yment of any cSaims 1~ereu~~der, sa~d MORiGAvEE sha!! app~y to the Cov~t having ~urisd~ction thareof for the appo~ntment of a Receiver, such Covrt shall f~rthwith appar.7 a receiver of sa~d mortgaged properTy all and Singular, inclvd•ng aU and si~~a~lar the income, prof,ts, iasues and reve~ues fra-n whafevet s: u~ce derived, eoch a~:d every of wh,ch, ii be~ng expreu~y unde.s~ood. n hereby mortgagrd as if spec~(icaily set iorth and described in ~he graniing and h_;c~er.d~m ctauses her ~f. and such Receiver shall have al1 the broad and effecrlve iunct.ons and powers in anyvnse envusted by a Cou~t to a Receiver, and ch 3ppoir.tme~v sh.all oe rr.ede by svch Court as an admitted eq~~ty and a matter of absotute right to said MORiGAGEE, and wirhout reference to the a.:e.~.,3cy or InddYG.~dC/ of the value of che property mo~rgaqed or to rhe so:vency or msoivency of sa~d MORiGAGOR or the defendants, and ~haf such ~~~s. Frol~*s, inco~ne; iss~,P: and revenues shal! be appiied by such Receiver accard~ng ~o the lien or eq~ity o( said MORTGAGEE and the praUice of wch Court. 8. To d~ty, prempt:y and iully perform, d~scharge, execute, effect, comp!ete, comply with and abide by each and every the st~pulatiens, agreements, ;~nditiuns and cevenants m sa~d promissory note and th~s m~rtgage set forth. 9, ihat in the event the ownership of the mortgaged premises, or any part tnereof, becon.es vested in a penon other than 1he MORTGAGOR, the :'~RTGAGEE, its wccesso~s and asvgns, may, wirhout notice to the MORiGAOR, deal with such successor w wccesso~ ~n interest ~v:~h refere~ce to th;s ~ o~tgage ar.d the d_bt hereby secured in the samr manner as wiih Mortgagor wAhoul in any way vitiating or d~scharging the /dortgagors' liability herr ~~.der or upo~ the drbf hereby sec~red. No sa!e of the Frem~ses hereby mortgaged lnd no forbearan~e on the part of the MOR7GAGEE o~ its successon o• ass~g~s and r,o eatens:on of rF.e n:»e ior rhe payment of the debt h~.eby secwed given by the 1AORTGAGEE or its successors or ass~gns, a~iall operate ro ~e!ease, d~scharge, modify change or affect the orig~nal Gab~iny of the MORTGAGOR here~n, either in whole or in part. 10. It is spec~t~cally agreed rhat time is of the essence of th~s contract and that no waiver of any obt~gat~on hereunder or of the obfigaiion se- cvred hereby shah at any tir.~e fhereatser be he'.d to be a waiver of the terms hereof ar of the instrument secured herby. ! 1. in ~ci:J f:or: 'o +!:e iorega ng mon+h'y payn._nrs of princ pal and inreresr requ~red by the prom:ssory ~ore secu:¢d her_b f, mo:tg3gor covenants ~•,d agrees to ray ~o n•.o'tgagee v.dh each ~r,onm:y pay~nent an a~d~~ional sum es!~^•ared by mortgagee to br equai to 1 12 of the on:~ual cost of the fo~iow- A-AII ff3l ,:ropc~ty taxes lev:,:'. cr assesse~ agai••~s: the above descri~:d real estate. B Pr_~~. ~•~:s en f;re a:~d x~r,dsto•m inwrance as ne~e~n r~•qu~red to be carri~d en the :m;;roveme~ts s:tuate an the above described premises. t-Pre:r.~u~~ s on s~.;ch mortgr,ge guaranty insurar.ce es mortgagee sha:l frcn: hme to time deem fit to carry on the toan secured here5y. Mortgagee s~A~l from t~me to nme nonfy mo+tgagor in writ~ng of the an,oum due and payable hereundtr and such surn shall thareupon be due and ;ab!e on tne d~e oa+e of the ~~ext mo~thty payment and each wccessive Tomh thereafter uctil mortgagee shall notify mortgagor of a change in such , evnt. Such w~ns sf a,i i;e app,c~d 'oy mcrtgagce tov:a~d the payment of reaE property taxes, insura~ue prem:ums, and mortgage guaranty insurance j . ~'t'T.IUTS. . ; I!N Y~ITNESS L•;HEREOF, the sa~d MORTGAGOR has hereunto set his har,d and seal the dajrand a~ fint afo~es~id ~ i M1 bi ned, Sea: an del' e in the pres e of: ~ ~ ' ~ _ _ J ~ ~ (Seal) ~ n . ~ y (Seat) ~ ~ 1\ - - (Seal) ~ _ _ " ~ _ c" l: ~ (Seal) ; Ol OI@ S E. KC Z Y ST :TE OF FLORIDA ~ St. LuCie_ ~ ~JU'~TY OF ~ ~ Before me personalty appeared John R. Kelly and Dolores E. Kelly his wife, to me wefl known and knovrn to me to be the i~dividuals described in an~ who executed the for oing instrument, and acknowledged before me that they executed the same fw the purposes ~he~ein expressed. ~And !he said~ ~10leS Kelly ~ s...~s::r~,. r.:fe of thql~at,~~}~_- *^h~n D t[nl lv _ upon a separate and private _~.~m~natioh•-bT !oe•fnli~~r~tte and apart from her said husband, acknowledged to and before me that she ezecuted said instrumeM f~eely and voluo- ~ ra-~iy an~ y17~~1tout any com}~irts+on, constraint, apprehens.ont Qr fear of or from her said husband. A. D. 19~- ~VI(~f1VE55-ff1~.1?;r~ ~~il~icjai seal this_ :.1 ~ T~ day of J . _ ~ e" ! r'~ - - : ' ~ ~ - . . .~i • ` , . . -~~r.~ ~ Notary P ~c in and for the tate of Florida at large ~k : ~ . f . 1 ~ ~ My Co ission expires: ~ / ~f f'~ ~ ~ ~ . . ~ ~i ' ~ 1 r~ j F First i~Qd~e/d~ S~~rV~gs~ d' laan Assoaat~on , ~ '~i,~i~ ICJr~~6r! P-crce. ~.~~~:c1;.~:iYti~~LR.S~ f~i.~ . a~-.. for; 'PlAfce, florida Y ~ 242801 ~ ~ This Instrument Prepared By G. F. Bllwood FILEO AN" ?EGdR0E0 ~ First Federal Savings 8 loan Association ST.ldC1E G04NTY FIA. 1 ~ of Fort Pierce ~ a RQGE --:~~=RAS Flori a CIE~~. ~ ~ COURt t? c , i ' . 'r f ' ~ Checked By~~-_ 80~ 3b t H~~Z ac~ ~ No~ Zy ~ ~ ~ - ~ ~~m = - - - - _ ~ ~z ~ - ~ } , a~~.. ~ ~ y y~ ~ - _ : .