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Home My WebLink About2182 3. To p'.ace ar3 cont~n~o~s~y k~ep on the L~~ d~n~s nox or hereafter situate on sa~d tand and on all equ~pmeN and persona~~y covered by lhis mortg~ ege, w~ih all prem~~ms thereon pa d~n f~~l, firo insurance in ~he ~sual s~and~rd poGCy torm, in a wm appro+ed by the MOR(GAGEE, and w~ndsrorm :nsurance in the ~wal s}andard pol;cy form, in a s~m appru.ed bY the MORTGAGEE, in such tompany or compan~es as the MORTGAGEE may d~reu; and a11 fire and w~nditonn ms~rance poGcirs on any of said bu~~d~ngs, any interest thcrein or part thrreof, in the aggregaee ium aforesaid w in eacess ~hereof, shaU c~+tain the usual srandard n,orr9agee clause w such other dausa as the Mo~~yagee may reqv:ro, ma?ing the Ioss undr~ sa~d po~r c~es, each and every, pay.;L~e :o sa~d A~JRiGAGEE ei ~~s in~n~<st may appea?, and each and every such po'~cy she11 be prornpuy ass g~~ed a~~d dei~ver.:d ro any held by sa~d A10RTG.AGEE as iur~har srcuiity to sa~d n,ortgage deb~, and, no1 les~ than ten (~0) days in adv~nce of thr expuat~on of rach pollcy, to dr I,~rr to said MORTGAGEE a renewei thereof, toge~her with a receipt ior the premium oi such renewal; end ~hrre snail be rw Gre or .tii.~dswrm insurance p!aced cn any of sa~d b~ildmgs, any interett therem w part thereof, unleu in tFK form and w~th the loss payable as aforesa~d; and in the e~re»t any sum of money becomes aayabte under such policy or pol.cirs sjid MORTGAGEE shalt Aave tAe opnon ro reteive and appiy thr same w+ accounl of the indebted- nesa Secured hcreby o~ to permil s+~d lAORTGAGORS to retnive dnd use it ot any part th..•:eof for oon~•r pu:~csrs, v.~en~.,t ~h~•. u; .~..~.~:~7 0~ p~~i- ~ng any equ~ty, lien or right under or by virtue of ihis mo::gage; and in the event sa d A10RTGAGORS shall for any reason iail fo kaep the said premis~s so ~nawed, or fail to drlivcr promplly any of said polires ol insurance to said MORTGAGEE, or fa~! pro~nptly to pay fu11y any prr~m~in the~efor or in a~y respea fait to perform, d~schar9e, execure, eHecl, comp~ere, complY wl~h and abide by th~s covenanl, a any part hereof, said MGkTGAGEE n~ay piace a~~d pei for such ~nsurance or any part thereof w~~hout waiving a afFec~ing any option, lisn, equ~ty, or rigM under o~ by vi~tue of th~s Mo~tgagr, and the +~;I ama~nt of eath and e.rry such payment shall bc immed~atety due and payable and shalf brar i~terest from the data thcreoi u~~iil po~d at the ra~e ol n~„e per can~vm per ann~~n ,.nd to~rther wi~h such infrres~ ahatl tx srcured by the lien of thfs mortgage. 1. To permit, commit o~ suifer no waste, impairment or deter~oration of said property or any parl thereof. S. To pay all and s~ngu~a~, the costs, charges and expenses, ~ncludi~g a reasonab!e attwney i fee and costs of abstracts oi title, incurred o? pa~d at ~ny t~~ne by s~~d MORTGAGfE, because or in the event of th;; ia~lure on the part of the said AtORTGAGOR to duly, promptly and fu~~y perform, d~scharqe. ~x_~cute, effea, comp!ree, compty w~th and ab:de by each and every the stip~lahons, agreemeros, cond~tfons, and covenants o~ sa~d prom~ssory note and thi~ ,.orrgage any oi ei~her, a::d sa~d costs, chargas and expenses, each and every, shall be immediately due and payabie; whether w not there be nofice dr mand, attempt to co:iect w wi~-pend~ng; and ~he tul~ amount oi each and e~ery such paymeni shall bea. interes~ from the daie thereof uroil paid at the ot n~ne per c~•nr~m Ner onnc:n; and al~ said costs, charges and eapenses incurred or paid, together w~ih such inte~est, shall be secured by the :~en of th~~ n:ortgage. • b. That (a) in tha event of any breach of this Mortgage or defautf on the part of the MORTGAGOR, or ;b) in the event any of sa:d sums of money here~n referred to be rot promptly and fully paid wi~hin th,rty (30) days nex~ aiter the same se.e~a!ty become due and payabte, without demand or notice, or in thr elenf each and everY the stipu~ations, aqreements, cond~tions and covenanrs of sa.d prom~ssory notr and ih~s mo~tgage any or e~tAer are not ~u1y, promptly and f~lly performed, d xnarged, executed, etfected, cdnpleted, comp{ied with and abided 5y, then in either w any such eveM Ihe sa~d ag ~r~~gate sum mennoned in said prom~ssory no!e ~hen remalning unpaid, with imerest accrued, and a~l moneys sewred hereby, shatl become due and pay- eo:e forth.r;th, er thereafter, at the optwn ef said MORTGAGEE, as fuify and comptetely as ~f a!1 of the s32d sums of money were ongmally stiputated ro be pa.d on such day, anyfhing in sa.d prC~n~ssory note or in this Mortgage to the contrary no~withstand~ng; and thereupon w thereafter at the op~ion of s-:d t1lORTGAGEE, without notice or demand, svit at taw o~ in equity, therefo~e or 1Aerealter begun, may be prosecuted as if all moneys secured hereby r..,d matured pnw to as institution. 7. That in Ihe event that at the beginning of or at any time pending any suit upo~ this Mortgage, w to foreclase it, o~ to reform it, or fo enforce payment of any tiaiins he~e~~~der, sa~d MORTGAGEE shatl apply to the Court having jw~sd~c~ion thereof tor the appoinrment of a Receiver, such Court shall iw+hwith appoint a receiver ot said mortgaged ptoperty all and singular, intlvd ng a11 and singu~ar the intome, profits, issues and rev~nued •from whate~er s-~rce de~ived, each and every of which, i~ br~ng e:pressly understood, is hereby mor~gaged as if speufical~y set Forth and described in the granting and h joendum clauses hereof, and such Receiver shall have all the broad and eifective funcf,ons and powers in anyw+se envusted by a Cour1 to a Receiver, and s_ ch appoimmcnt shall be made by s~ch Court as an admitted equity and a matter of absolute r~gM to said MORTGAGEE, and without reference to the r.:!•_qvaq ar inadeq~acy of thr value oi the property mwtgaged or to the so~vertty or insavency of sa+d MORiGAGOR or the defendants, and ~hat such ,rs, proiirs, income, issues and revenues shall be applied by such Receiver accord~ng to the lien w equity of said MORTGAGEE and Ihe {xactice of such Court. 8. To duty, promptly and fully perform, discha~ge, execute, effect, tomplete, comp!y w~th and abide by each and every the stipulations, agreements, c~,~,ditions and tovenanrs in sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownersh~p of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGJR, the ~?RTGAGEE, its successors and ass~gns, may, wirhout nohce to the MORTGAOR, deal with svch successw a successor in interest wi~h reterence to this :.,o•rgage ar.d the debt hereby sec~red in the same man~er as with RSortgagor w~thout in any way vit~ating or d~scharging the /dortgagors' liability herr ~:~.der or upw+ tt~e debt hereby secured. No sate of tF.e prem~ses hereby mortgaged and no fo~bearance on the part of the MORTGAGEE o~ its successors o: assigns and no eatens:~n of the tin~e for the payment of the debt hereby secured given by the MORTGAGEE or its successws or assigns, ahall operate ro re!ease, d~scharge, modrfy change or a4fect the orig~nal Iiau;Gty of tne MORTGAGOR herein, either in whofe w in part. 10. It is speuficaily agreed that time is of the essence of this co~lraU and that no wsiver of any ob~igation hereunder or of the obligatan se- cured hereby sF.all at any time thereafter be he!d to be a waiver of the terms hereof or o( the instrumeM secured herby. I 1_ In ;dd.t:c~ !o ~he io~e9o ng •nonth!y paymems of princ pai and inreres~ requ~red by the prom~sscry ncre sewred hereby, mortgagar covenants . d agrees io pay to mortgagee v~rth each monrhiy pay~aent an add~~ional sum eshn;ared by mwtgagee to be equai to 1/12 of the annual cost of the follow- A-Afl real property taxas ie.~ed or assessed aga~•~st the above desc~ibed real estate. _ B- Pr~:=,;u•ns on fire and windstorm insurarce as here~n requ:red to be carried on the improveme~~s situate on the above d:svibed premises. ~'-Prr~~~~ms oo wch n:artgage guaranty ir.wra~ ce as mortgagee sha~l frcm t~me to ti,ne deem fit to carry on the loan secured hereby. 3 Mortgagee sh~,d f.cm ~~me tc nme not~fy meng;gcr ~n writ~ng of the amoun! due and payabte hereundrr and such s~rrn shall thereupon be due and ,,•;ab~e on the due. oare of the n_xt mo~th;y payment and each successive month thereafm~ urtil mortgagee shatl notify mortgagor of a change in such ~ c:;m. Such wms sh~:i be a;., !~ed by mortgag>e towa-d the payment of real property taxes, insurance prem;ums, a~~d mortgage guaranty insurance ~ ~~~ni~ms. . ~ IN VJITPJE~S ~:HEREOf, the sa~d MORTGAGQR has hereunto set his har:d and seal the day and year first aforesaid. i _ ; 5' ned, Szated ar.d delivered in the presence of: y~ ~i j~ / ~ ! - 1 \'+-~t=~•-4 ~---,.,...w ~ (~/~'~a+-." ` _~f "f`va-`~-'~- ~$eal) . ~ ' i-t-; ~ L~ FraYf ~ aC na (Sea~ ~ _ a sinyle adult ts~aq ~ - lSea1) ~ ~TATE OF fi8Ri9h~ N@M York ~ ~~,,~n ~ ~ C_;UtiTY OF • `~i - ~ Before me personal{y appeared Rrank S. Laehina, a s~*+ale adult ~ _ _ ~ to me well known and known to me to be• the individua~ described in and who execured ths foregoing instrurt+ent, and acknowledged before me that ~he~ executed the same fer the purposes the~ein expressed. M~d~lhs~ewl~i__-_ ~wieerF+F~~sld~ - u'M+.sa~~rWe~YCLW~vate ..er ~wir~~io~ ~ ~r ~al~~~~rt~~d. ~p+r? in.w 1~rr s~iJ. iwwvwdr ~worf~i~i ~e~.e~i L~iar~.~ liarsha.wc~t~ Mi~i~rtwwrr jir~iyr~ r~lrn. ~ t~r~..awi~ho~t~.ar~~~ol~iownNrwra.~w,~.~}r~ir~w~i~A~iew.ai.o~fr~w.be~~eid~Fw~rr~. _ da of NC!?EM A. D. 19~ ~ WITNESS my hand and official seal thi~ y O ~ -<~L - ~ FiIE~ ~~~oaoED [ ST•LUCIE COUMTY fLA• Notary Public in and fw tate of Florida at Large - a~~~! p~{Tfi~S t~ My Commission expires: s Retum To: CLEkM '~J:= Cd~RT . ' F~rst Federal Savings 6 lcan Assoc~at.on pfCCR~ y' F'r''~~ J£AN M. RIEt7El ~s Of r~~+ P.F--c.~ Notnry Public. S2ste of Neu•Y~rk ~ F~.. P~.~ce F,~,;~~ p~ 5 9 21 pN'7Z Q„a~~t~ee in E~~~ow~ri 3 ~ 243101 ~~m~ss~on ExDv~ M~~h 30, 19~._ ; ~ ~,~ut~:. • , i . ~ ~ This Instrument Prepared By J~ H. Roberts, Jr. ~.u•` `,?,r., ~ First Federal Savings & loan Association = k+; T " . ~ . of Fort Pierce ~ Flolc ida : t~; ~ - - ~ - L ' ~ _r r~ , . ~ • . ~ Checked By • ; Y° ~ : o . . p p~ O • ~ S~~K ~O PACf ~~Q~? ~ r-:•6.., ? t~; : ~ ~ ~ ~ ,r~ce: ~ 1S z§- ~ f~' . x . 4 _ 3;:~;•~ rr~.,. .xr`~r, ~ ~ : .`y ~ ' 3 _ . . _ . . 9 . _ _ _