HomeMy WebLinkAbout2514 3. To ptace and coro~nuousiy keep on fne b.,~'J~~~ys n~w or her~afier •~~uete on sa~d iand ar~d on aL' eq.,ip:nrro and parsonally covered by this mor~g
sgs, with all premiu:ni Ihereon pa:d in full, fire insurance the uwal s!andard po:~cy form, in a s~m approved by the MOR~CaAGEE, and w~~ditorm
insurance in the usual s~andard pof,cy lorm, in a sum approvtd by the MORTGAGEE, in such to+npany or tompanies as the MORTGAGEE may
dired; a~d alI fire ar.d w~ndstorrn insurance pol~t~es on any of ~a~d build~ngi, any i~te~est therein or part the~eo(, in ~he aggrega~e ~um aloresaid or
in excesa thrreof, ihall con~ain ~he uwal standard mo~tgagee dauu w such o~her dauia as tl+e Mo~tgagee may requ~re, making the loss u~~drr s.~~d polf
ues, esch and every, payable to sa~d A~ORTGAGEE as ~~s irorrest niay appea~, and each and every such ~~icy sholl lx promp~Iy ass g~~rd and dr~ive.~d to
any heid by sa~d MOR(GAGEE as iunher secu~iry to seid mon~age deb1, and, nor less ~han ten (10) days in ad,rance of the exp~~af~on of aach poircy. ~o dr
liver ro said MORTGAGEE a ronewal thereof, loge~her with a rece+p~ for the premium of such renewal; a~:d there shalt be no fae o~ w~~~ds~c+~n ir.wrance
placed on any of said b~ildings, any intercat therein or part the~eof, unlesa in the fo~m and with the loss peyabte as afo~esaid; and in the evrnl any s~m
of moeey becomes payable under s~ch policy w POIiCiQ{ Sd~J MORTGAGEE shall have ~he op~~on to ?ecervr and apply the iame on accoun~ of the indeUtrd
ness aecured hareby or to permit said MORTGAGORS ro retzive and use it or any par~ ~hr:eof fo~ o,~~cr pu ,-osrs, v.nh~;ut ~h u; .v:~.~ ~~~~p.+~i-
ing any equ~ty, lien or r~9h~ under w by vireue of this mor~gage; and in the event ~a~d MORTGAGORS shall fw any reason (ail to keep the sa7d prem~sas so
insured, w fail to drlive~ promptly any of sa~d po6ues of insuronce to said MORTGAGEE, ot iail promptly to pay fully any pre~~:~~~n thcrefor o~ in any
respett (ail to pe~Fam, d:scha:ge, eiecute, eFfect, comp!ete, comply with and abide by this covanant, or any part hz~eof, sa~d MURFGAGEE may puce and
pay fa such ins~rance or any part ~hereof wi~hout waiving w atfecting any option, lien, equ~ty, or righ~ under or b~ virtue of this Mortgage, and thc
f~ll amounl of each and every such payment shall be immediately due and payaole and shall bea. interest from the date thereof uniil paid at the re~e ol
nine per ce~tum per anoum and to~ethcr with suth interest shaU tx secured by the lien of this morfgage.
1. To permit, commit w su((er no waate, impairment d deterioration of said property w any part thereof.
5. To pay atl and s~ngular the costs, charges and e:penses, induding a reasonabte attwney's fee and costs of abstracts of t~i!a, incu~~ed or p:.~d s~
any ti~r.e by said MORiGAG:E, because or in the event of the faifure on the pa~t of the said MORTGAGOR to dufy, prompNy and fuily perfwm, d~scharge,
execure, elfect, compleTe, comply w~th and ab:de by each and every the at~pulations, agreements, cond~tio~s, and covenanrs oF sa~d prom~ssory note and ih~i
mwtgage any or either, and sa:d cos~s, charges and expenses, each and every, shall be immediately dve and payable; w!~ether or nof ~here be noi~ce d~ _
mand, attempt to coflect ot s~it pend:ng; and the full artwunt of each and e~ery such payment shall bear interest Irom the date thereof u~til paid at the
r~re o~ n~ne per crntum per anuu:n; an~ aIl saLd costs, charges and expenses incurred or paid, togethrr w~th auch interest, shali be secured by the tien of this
mortgage.
6. That (s) in the event of any b~each of this Mwtgage w defauit on tFK part of the MORTGAGOR, w(b) in t!x event any of satd sums of money
herein referred to be not promptly and fully paid within th~rty (30) days next after the same se.•eraily beconx d~e and payable, withou~ dema~~d or notice,
or (c) in the ever.t each and every the stiputations, agreemeNS, cond~tions and covenams of sa,d promisso~y note and ?h~s nrortgage any or e~ther are nol
~uly, promptly and fully performed, d~scharged, executed, effected, completed, complied with and abided Sy, then in e~ther w any such event the sa~d ag
oregate sum mentioned in sa~d promissory nore then remaining u~paid, with interest accrued, a.~+d atl moneya secured hereby, shatl become due and pay-
able forthwith, or therea(rer, a~ the option of sa~d MORTGAGEE, as fully and completely as if all of the said suma of money-were or~ginaily st~pu~atcd
to be pa:d o~ wch day, anything in sa.d pro:n~ssory note w in this Martgage fo the contrary nutwi~hstanding; and there~pon or thereafter a~ the op~~on of
sa~d ~dORTGAGEE, without nonce or demand, suit at law or in equity, thereiore or thereatier begun, may be proxcuted as if a!1 moneys secured hereby
nad mat~red pnw ro AS mititut~on. '
7. That ~n the event that at the beginn~ng ot or at any time pending any su~t ~pon this Mortqage, a to fweclose it, or to reform i~, or to enforce
paymeN of any cla~ms he~eunder, said MORTGAGEE shall apply to the Cowt having ~u<<sd~ction thereof for the appo~ntmeqt_of. a Reteiver, such Court shall
io~thwith appo~m a rece~ver of said mortgaged property alt and singular, inctud~ng all and s~ngutar the income, profits, iswe~ and revenues flom wfiatever
so~rce de~~ved, each and every of wh~ch, it be~ng express;y understood, is hereby mor~gaged as if spec~fically ut fwth and dexribed in the .9ranting and
habendum clauses hereof, and such Receiver shall have all ihe lxoad and effecrive funct~ons and powe~s in anywise entrusted by a Cou~t to ; Receiver, and
s~ch appointment shall be made by such Court as an admitted equity and a matter ot absolute r~ghf to said MOf;TGAGEE, and without re(erence ro the
adeauacy or inadequacy of the vatue of the properfy mortgaged o? to the so.vency or insolvency oi sa~d MORTGAGOR w the defzndants, and ~hat svch
renn, profns, ir.come, issues and revenues shatt be app~ied by such Receiver accord~ng to the lien w equiry of said MORTGAGEE and the p~actice of such
Court.
8. To duty, promptly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipufations, agreements,
conditions and covenants ~n sa~d p~omisswy note and th~s morigage set fwth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, 6ecomes veated in a perwn other than the MORTGAGOR, the
MORTGAG~E, its successurs and ass~qns, may, w~tihaut norice to the MORTGAOR, deal weth such successor w successor in interest with reference to this
mortgage and the debt hereby secured in the same manner as wifh 4brtgagw w~thout in any way vit:ating or d~scharging the ldortgagors' liability her~
~nder w upon tne debt hereby s>cured. No sale of the Fremises hereby mortgaged and no forbearance on ~he pari of the GM1ORTGAGEE or its successars
or ass~gns and no extens~on of the ti~ne fw the payment of the de5t hereby secured given by the MORTGAGEE or its successws or assigns, anall operate
to reiease, d~scharge, mod~fy change or atfect the origmal IiauJ~ry of the MORTGAGOR herein, e6ther in whole or in part.
10. It is spec~fically agreed that time is of the essence of this contract and that no waiver of any obl~gat~on hereunder o~ of the obligation se-
cured hereby shati at any time thrreafter be he".d to be a waiver of the terms hereof or of the instrument secured herby.
11. In acid~tio~ to th~ forego:ng month!y paym=nts of princ'pal and interest req~~red by the prcm~sscry note set~red hereb;r, mortgagor covenants
and agrees to pay to mo-~yag?e w~th each momh•y pay~.:eN an add~rional sum esr~n,ared by mwtgagee to be equal to i 12 of the annual cost of the toilow-
~n9:
A-A!! reaf property taxas lev~ed or assessed agai~s: the ahove desc.ibed reai estate.
B- Pre^:~u•ns on fire and windstorm insurar.ce as here~n requ:red to be carried on the im~roveme~ts rtuate on the abc~ve descr~bed prem~ses.
C-Pre:niu:ns on such mongaae guaranty ir.surar,ce as mo~tgagee shall from t;me ro time deem fit to carry on the loan secured hereby.
Morrgagee shail !rcm time to ti:ne no!ify mcrtgagor ~n writ~ng of the amovnt due and payable hereunder artd such sum sF.all thereupon be due and
~ 3yabte on thz due da'e of th~ next month'y payment and each successive month thereafter ur.tii mortgagee shall notify mortgagor of a change in such
~ ~^:ount. Such su~ns sha:l be ap~~~ied by mcr:gagee toward the payment of teal F~operty taxes, insurance prem.ums, a~~d mortgage guaranty insurance
I p•emiums.
i I~1 WITiVESS :VHEREOf, the said MORiGAGOR has hereunto set his hard and seal the day and yea first aforesa~d. ~
Sgned, Se~(~d and det~ive~red,i~r the p!resence of: ! ~,yf
~ ~ U ~~.L-~Li~7 ..~_c~~Ci ~ "iY" v^ ~l ~ Sean
~ J ob Hehn °
(Seaq
I- - - ~G~z,t/~-c~s /f~. (Seal)
~ _ Teresia Hehn !~aq
~ STATE OF fIORIDA
~ ~
~OU'JTY OF $t. Lt1C~e ~
Before m~ personatly appeared Jakob Hehn and
Teresia Hebn his wife, to me well known and known fo me to be
the individuals described in and who executed the fwegoi instrument, and atknowledged before me that they executed the same fw tlx p~rposes
rherein expressed. And the said TereSia Hehn
~ ~.:~e of the sa.~ _ _ J~~ H~ v~or. a separate an~ private
~xaminat~on by me taAen separate and apart from her said husband, atk~owledged to and before me that she executed said instrvment freely and volurr
rariiy and w~thout any compulsion, constraint, apprehens~on, or fear of or from htr said husband.
~ ~ da of ~C~~r A. D. 19~
~ Y~ITNE55 my hand and offic~al seal this y
Q 1 ~7
~ '?~-y~/-~~-t ~4 Ci ~ ~
Notary Pubtic in and for the State of Fbrida at large ' '
My Commission expiresc ' ' '
;t~ Retum To: . ' I ~ i 9' =
~ First Federal Savings 3 loan Asseciat;on , J/ . . {
~ 4 v
Of fort P r:ce. ~ ' `
` ~ ~ ~ j z,.
~ Forr Pirrce, Floc~da r ~t(~ ' „ y _ ' - ` ~ _
~ j: t ~ ~
~ .o ~ ~•1 ~ f
~ This Instrument Prepared By John G1. Collifls fILEO .4NU RECORDEO ~i'••:r~ _.'7~~~`~'
. .
~ First Federal Savings 8 Loan Association =T.LUCIf COIfN1Y FLA- ' O'~-.. ~
~ . of Fort Pierce Flor ida ROCf i~ POITRAS ( ~ j~ ~'1~ .
~ ~ GIERK c:~C~IT COURT
~ RECORn V~F~~1EC
~ Checked By ~ T 3 S5 i H~~ Z
~
~ B~~K 208 ~h~F2514 243335
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