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Home My WebLink About5939 3. To platt and cpntlnuously keep on the bui!d~ngs now or hereafter ~ifuats on said land and on ail equ~p~nnnt end perso~ally coYe.ed by this mortg- ~gs, w~th ell p~emiums Ihe~eon pa~d in full, fire insuronce the usual standard poticy fo?m, in a sum approved by ~he MOR~GAGEE, and w~ndsro~m ~~swancs i~ th~ uswl ttandard poGcy torm, in a sum approved by the MORJGAGE.E, in such company or to+npanies as the MORiGAGEE may duetlj •nd ail tire and windsrorm insurance policiaa on any of said build~ngf, any intere~t therein or parl thereol, in the aggregaee i~m aFwesa~d o~ in ~acsss Ihereof, shall confain the usual standard matgagre clause or such other clau~e es the Mortga9es may ~qu,re, making the toas under sa,d poli- cies, each and every, payable w sa~d A10RTGAGEE as fts imeres~ may appea~, and each and every such policy shall be promptly ass gncd and de~~verrd +o eny heW by taid MORTGAGEE as further security to uid n~ortgage debt, and, not leu than ten (10) days in advance of ihe expiratfon of eech pot~cy, to da liver to said MORTGAGEE a rertewal thereoF, toge~her with s rete~pt for tAe p~emium of such renewal; and ~here shall br ra f~re or w~nduorm ins~ronce placed o~ sny of said buildings, eny inte~est therei~ a part thereof, unless in tl+e form and with the loss payabte as aioresaid; and in the evcnt any tum of money becomes payable under such policy or policies said MORTGAGEE shall have rhe opt~on ro rece~Ve ar~d apply the same on account of the indebted- ness secured hereby w to permit sa~d MORTGAGORS to receive and use it pr any part thereol tor o.i~~•r purEosrs, w~~ho~t ~h,nu~ .~a~~in~ or ~,~.p„u- ing any equlty, lien or right undcr w by virtue of ~his mor!gage; and in the event sa~d MORTGAGORS shall foc any rcason fail to keep the sa~d prem~:c•~ so insured, or fai! fo deliver prpnptly any of said pol~cies oi insurance to said MORTGAGEE, w fail promptly to pay fuily any pre~»;~m theretor o~ in a~y respect fail to perfwm, discharge, execute, effect, complete, compty w~th and ab~de by th~s covenant, a any par~ hrreo(, sa~d MURTGAGEE may place a~~d pay fw such insurante or any part ther~of without waiving w aFfecting any oprion, Iie~, equ~ty, oa right under or by vi~tue oF ihis Mo~tgage, and the futl amount of each a~d every such payment shall be immediately due and payable and shall bear inte~est from the date ~he~eof umil paid a~ ~he ra~e of nine per tentum per annum and to~ethe~ with ~uch intereat shall be sacured by the lien of this matgage. 1. To permit, commit or suffer no waste, impairment w deterioration of said property or any part thereof. 5. To pay ali and singutar fhe costs, charges and expenses, ~ncJuding a?essonable artorney's fee and costa oi abstrads of title, incurred or pa~d af any time by said MORTGAGEE, because w in the event of the failure on the part of the said MORTGAGOR to duly, prompdy and fuliy perlorm, d~scharge. execute, effecl, comple~e, comply w~th and sb:de by each and every ~he stipulat~ons, agrem~~ems, conditions, and covenants of said p+omisso~y note and this n+o~tgage any w ei?her, and ssd costs, charges and expenses, each and every, shall be immediatety due and p~yable; whether or not there be nofite d~ mand, attempt to collect or suit pendmg; and the ful) amo~nt of each and eve~y such paymem shall bear inrerest irom the dare the.eof unfil pa~d a~ the rare o! nine per centum per anuum; and all said cosn, cha~ges and expenses incuued w paid, together wnh s~ch interest, sha~l be secured by the lien of th~~ mortgsge. 6. That (a) in the eve~f of any breach of this Mor~gage o~ default on the part of the M.7RTGAGOR, or (b) in the event any of sa;d sums of money herein referred to be nof promptly and i~Hy paid within th~rty (3U) days next after the same savera;ly become due and payal,le, without demand or notice, or (c) in the event each and every the stipulation agreements, conditions and covenants of sa;d promissory note and th~s mortgage any or e~ther are not iuly, promptly a~d fulty performed, d;scharged, ~cuFed, effected, compteted, complled w~ih and ab~ded by, then in e~ther o~ any such event Ihe ~sid ag g.zgate sum mentioned in said promissory note then remaini'g unpaid, with intere;t accrued, and a~l moneys setured hereby, shall become due a~d pa~r• a6ie forthwith, or thereafter, at the ootiort of said MORTGAGEE, as fully and complete~y as if all of the said sums of money were or~ginally st~pu2ated - ro be pa:d on svch day, anyfhing in sa d promisswy note or i~ this Mafgage ro the contrary nofwithstanding; and thereupon or thereafter at the option of ` sa~d MORTGAGEE, without not~ce or ~mand, suit at law w in equify, therefore a tnereafter begun, may be prosecuted as if all moneys secured hereby nad matured pnor to ~ts insdtut~on. 7. Thsf in ft~e event that at the bcginning of or at any time pe~ding sny su+t upon rhis Mortgage, a to foreclox it, or to reform it, or to enforce payment of any claims hereunde?, said MORTGl~GEE shall apply to the Court having ~ur~sd,ct~on thereof for the appaintment of a Receive~, s~ch Covrt shall foithwith appo~nt a receiver of said mo~~gaged property all and singular, inctud~ng all and singu~ar ~he in~ome, prot~ts, issues and reve~ues fra~n whateve? sou.ce derived, each and every ol wh~ch, it being expres~ly understood, is he~eby mongaged as if spec~fically set for~h and described in the granting a~+d haoendum cla~ses hereof, and such Receiver shatl have all the broad and effective f~nct.ons and powers in anyw~se entr~sted by a Court to a Receiver, and s~ch appointment shall be made by such Courf as an admitr~ equity and a matter of absot~fe r:ght to said MORTGAGEE, and without re(erence to the adequacy w inadequacy of the value of the property mortga9ed or to the so~vency or ~nsowency of said MORiGAGOR or the defendants, an~ that such ~enrs, profits, income, issues and revenue~shall be app;;ed by such Reteiver accord~ng to the lien or equit~ o( said MORTGAGEE and !he practice of Such Coutf. 8. To duly, promptly and ful!y pe~form, discha!ge, execute, effett, complete, comply w~th and abide by each and every the stipulations, agreements, conditions and covenanrs in sa~d promisswy note ar.d this murtgage set fo~th_ ; 9. That in the eve~t the ownership of the mortgaged premises, or any pari thereof, becomes vested in a per~n other than the MpRTGAGpR, the '.:ORTGAGEE, its successors and assigns, may, without notice to the A10RTGAOR, deal with svch successor w s~ccessw in inlerest with re~erence to ~hia n,ortgagz and the debt hereby secured in the same manner as with ~Aortgago~ w~thput in any way vitlating or diacharging the Mortgagors' liabiiity her~ ;,nder w upon the debt hereby sec~rc-d. No sale of the Frem;ses hereby mortgaged and ne forbearance on the part oi the MORiGAGEE or its successors or assigns and no exrension of the time for the payment of the debt hereby secured given by the MORTGAGEE or ita successors or ass~qns, ahall operate ro re!ease, d~scharge, modify change or affect the orig~nal fiabd~ty of ~he MORiGAGOR herein, either in whole or in part. Id. It is specificatly agreed that time is of the esse~ce of rhis contract and that no waiver of any obligation hereunder pr of the obligation se- cured hereby shall at any time thereaher be held to be a waiacr of the terms hereof or oi the instrument secured herby, , 11. In add~tion to Ihe forego ng monthly payments of prlnc pa! and iroe~esf reqv~red by the promissory no!e secured hereby, mortga~or covenants and agrees to pay to mo:tgagee v.~th each momhiy pay~~ent an add~;ional sum est~mated by marrgagee to be equal to 1% i2 0( the annual mst of the follow- " A-All reat property taxrs tev~zd or a:sesced agai~st thc above dex~ibcd reat estate. B-Pr~rr.~ums on fire and wi+idsrocm insurar.ce at here~n requ;red to be ca~:ied on the improveme~ts s:tuate on the above d~str~bed premises_ C-Premiums on such mortgage g~aranty insurar,ce as mortgagee sha~i fiom t me to rime deem fit to carry on the loan secured hereby. Mortgagee shai! from t~me to rlr,e norify mortg~gor in wrfting of the amoum due and payable hereundrr and auch su~r thall thereupon be due and ; 3yable on the due date of the next monthly payment and each successive morth thereait~r ~oti{ martgagee shall norify mortgagor of a change in such ~°ount. $uch s~ms nF.ail ~ app!ied by mortgagee toward the payment of real property taxes, insurance prem.vms, and mwtgage guaranfy insurance ~ p~emiums. IN WITNESS :'~HEREOF, the said MORTGAGOR has hereunto set his hand and seai the day and year fir id. S~gr~, Seal d delivered in the presence of: . ~ `~~t - ~ t ~ ~~n 1 7,, ~ • . ($eaQ ;.SJ_1,i1„L(:~,11 : ! i t ~ _ . . ~ _(Seaq : i - - - t~c~ "c..x.,c tSeal) STATE OF FLORIDA 1 uanita Rogol~ T ~ ~ ~ :UNTY OF ~ ~ Before me personatly appeared Fral'tC0 Rogolino and ~ - _IIL'fIIit- Rngel;nn hi: wife, to me well Enown 5nd icnown to mc to be ? the md,vidunfs described in and who executed the fwegang instrument, and acknowledged before me that they execut~~,~eii;~me 4or the purposes therein expressed. And the said Jua?nita ROC~Ol~flO ' . +<i'e of the said Frst~e~o Rne~Al~p ' • ~ " ~ ~ pon s•sepuafr, and private examinat~on by me taken separate and apart from her said husband, acknowledqed to and before me that sfyyti~~.=eci~said ~ tcyr~ent.freely fnd vauo- ran1y and w+tbout any compulsion, constraint, apprehension, pr fear of or from her said huaband. ~ ' r.~~~ ~ WITNESS my hand and offiual seal this___, lith day of `Janualy _ " •a• p~ r1 9-73 , ~ • S or ~ F Notary Public in and for S e`o Fbrida,etljarpe My Commiasion expires: ~ 'r ' Rerurn To: MOTARI~ OU$~~ A~*AT~pt FlOR!Dq at IARGE first Federal Savings d loan Assoiiat~on ItT CONPAI$S1pT~.~(PIP,LS SfPT, 5 Of iort P erce. 2.. 1975 BonQM By Ame:ican R~r.~_:s :,,s~rance ~o. fort Piarce, Fiorida F~`EO ~Kp RECOROEO- Sj.lUC1E COUNSY flA. ROCER POISR~S ~ This Instrument Prepared By p~ F~ Holerger CIERK C~n~~~~ COUR7 First Federal Savirt & L A i" Rp vEatF1E~ ~ gs oan ssoc at~on RECO ?1 of Fort Pierce ~ FloZ idd 41 1 J Checked By ~ t~ . F,l~;i6SE' aoor. ~~9 Pn~f 2y~ , . : . - _ . _ ~