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Home My WebLink About1760 3. To place and continuously keep on the bu~ldings ~ow or hereatter situate on sa~d land and o~ all equip~nent and pcrsonaliy covered by lhis mortg- ege, with all prem~ums the~con pa~d in full, fire insurar.ce in tfx usual erandard poticy fam, in a sum app~oved by ~he MOR(GAGEE. an~ winda~or~n ~~:wance in the usust st~ndard poGcy fam, in a sum approved by ~he MORTGAGEE, in wch company o~ compan~es as ~he MORTGAGEE may d~rec~; and all fi~e snd w~ndito~m i~suronte policiei on any oi said b~~ld~nys, ~ny inte~e~t therein or part Ihereof, in rhe aggrrgare ium •fo~esa;d or ~n eacess thereof, sFwU to~?ain the usual standard ma~gagse clause or such other dause as Ihe Mortgayee may requrte, making the Ioss undrr sa~d poti- c~es, each and avery, payabl~ to ssid MORTGAGEE as ~ts interest may eppea?, and esch a~d every such policy sh~fl be promp~ly ass g~ed and del~ver~d ~o eny held by sa~d MORiGAGEE as furiher security to said mortgage debr, snd, not less than ten (10) days in sdvance of the expirat~on of each pol~cy, to dr Gver to said MORTGAGEE a renewal thereof, loge~Mr wiih a receipt for the premium of iuch renewal; and the~e shall be no fire or windaionn ins~rance p~aced on any of ss~d build~ngs. ~ny interest there~n w pa~t thereof, unlesa in fhe form u+d wi~h the lou p~yabte as afwesaid; and in the eyent any sum of mo~ey becomes payaG7e ~~der such polity or pofities taid MORTGAGEE shall have the opt~on to rKZive and apply tlu same on accoun~ of the indrbted- nesa aecured horeby w to pe~mit seid MORTGAGOR$ to receive and use it q any parl thereof tor o~hrr purposes, .•ntho~t th,~. u; or u~~pair• ing any equ~ty, lien w r~~fit under a by virtue of this mo::gage; and in ths event uid MORTGAGORS shall for any reason fail to kaep ~he aaid p~emisas so insured, o~ fail to delive~ promptly any of said polrcies of insu~ance to sa~d MORTGAGEE, or fa~l promp~ly to pay futly any pre~~uum ~herefor or in anr resprct fail to pe~twm, d~scharge, execute, eHect, complete. comply with ~~d ab~de by thii covena~t, o~ any part hereoi, sa~d MORIGAGFE may p~ace a~~d pay for such insurance or any pa» thereof without waiving u affecti~ any option, lien, equ~ty, o? r~ght unde~ or b~ vir~ue of ~h~s Matgagr, and ~he f~l~ amount of each and every such payment shall be immediately due and payab~e and shall bea~ interei~ from ~he date thereof un~il paid e~ the rare ot ~~ne per centum per annum and to~erAer vvith such interas~ shali be srcu~ed by the lien of thii mortgage. I. To permit, commit o~ ~uffer rto waste, impairment a deterioration of said propcrty or any part thereof. 5. To pay all and singular the costs, charges ~nd expenses, includirg a ~easonable attor~ey's fee and costs of abstracts of ti~te, incurred o~ pa~d at any time by sa~d MORiGAGEE, because or in the event of ~he failure on the par~ of the said MORTG~?GOR to duly, prompNy and fuEty perform, d~scha~ge. e=e<ute, effect, complete, comply with and ab:de by each and every the stlpulat~ons, agreements, conditions, end covenanrs of sa~d prom~ssory ~ote and ~h~~ mortgage any w e~~her, and sa~d costs, charges and expenses, each and every, shall be immed~ately due and payab~e; whether or not ihere be nohce dr mand, attempt to coI1M w suit per+ding; and the full amounf of each and evtry suth payment shall bea~ interesf from the dafe tlxreof until paid a1 the ~+~e oi nine per centum per annum; and all said costs, chargea and expenses incurred or paid, together wdh such interest, ahall be secured by the I~en of tha mortgage. b. That (a) in the evenl of any breach of this Morrgage or default on the pa?t of the MOR7GAGOR, or (b? in the event any of sa'd sums of money herein referred to be not promptly and fully paid wi+hin thirty (30) days ne:t atte~ the same severally become due and payable, witF~out demand or no~~ce, or (c) in the event each and eve?y the stipuia~io~s, agreements, tonditions and tove~ants of sa;d promisso~y note and ~h~s mortgage any w e~ther a~e not iuty, promptty and fulty performed, d~scharged, executed, effetted, completrd, complied with and abided ~y, then in erther w any such evem the sa~d ag- gregate sum mrmioned in said p?omissory note then remaining unpa~d, with in~eres~ accrued, and all moneys securcd hereby, ahall become due and pay- a61e forthwith, or thereafter, at the c;:t~on of said MORTGAGEf, at lully ard complete~y as if al! oi the said sums of money were or~ginally supu:ated ro be pa~d on such day, anything in sa~d prom~sso?y note or in this Mortgage to the contrary not.vithatanding; and ~hereupon or thereafter af the opt~on of sa~d MORTGAGEE, w~thout notice w demand, svit at law or in equity, therefore Ot thereafrer begun, may be prosecuted as it atl moneys secu~ed hereby nad matured pnor ro rts irtstitutioe. 7. That in the event rhat at the beginning of or at any time pending any su~t upon this Martgage, or to faetlose iL or to refo~m it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdic~ion thereof tor the appointment of a Receiver, such Court shalt forfhwith appoint a receiver of said mortgaged prpperty al! and singulsr, intlud~ng all and singular the income, prof~ts, issues and revenues from whatever s_~~•ce derived, each and every of wh~ch, i~ being expressly understood, is hereby mortgaged as if speuficatly set forth and described i~ ?he g~anting and habendvm clauses hereof, and such Receirer shatl have atl the txoad and ef(ect~ve funct~o~s and powers in anyw~se entrusted by a Courf to a Receiver, a~d s_ch appointmen~ shall be made by such Court as an admitted equity a~d a maiter of absolute r~ght ro said MORTGAGEE, and without reference to the ac:equacy a inadeqvacy of the value of the property mo~t9aged or to the sotvency or insolvency of sa~d MORiGAGOR or the deiendants, and rhar such r.=~is, profits, income, issves and revenves ahalt be applied by such Receiver accord~ng ~o the lien or equity of sa~d MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, mmptete, comply w~1h and abide by each and every the stiputations, agreements, conditions and covenants in sa~d promissory note and this mortgaqe set forth. 9. That i~ the event the ownership of the mo~tgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, tfie :'.ORTGAGEE, its suctessors and assigns, msy, wirhout notice to the MORTGAOR, deal with such suctessa or successw in interest wiih reference to this ~~o-~gage and the debt hereby secured in the same mann~v as with Idortgagor without in any way vit;ating or d~scharg~ng the Mortgagora' liability herr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no (orbearsnce o~ the pari of the MORiC,AGEE or its successors or assigns and no ex~ension of the time for ~he payment of the debt hereby secured given by the MORTGAGEE or its succeasws or ass~gns, a~iat! operate ro release, d~scharge, modify ciwnge or affetl She original liab7l~ty of the MORTGAGOR herein, eitFxr in whole or in part. 10. It is speufical~y agreed that time is of the essence of this tontract and that no waiver of any obl~gat~on hereunder or of tne ooiiga~ion sr cured he:eby shalt at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add:t:oti to the forego:~u~ monthly payments of princ pal and interest required by the prom~ssory note sec~red hereb~, mortgagor covenants a~d agrees ro pay to mortgagee vv~th eech monthly payrnent an addi~ional s~m est:mared by mortgagee to be equal to 1~' 12 of the annual cost of the iollow- ~~,g: A-AII real property taxes ~evied or assessed agai•tisi fhe above desvi~ed real esrate. . B-Prr-r:iums on f~~e and windsro:m insurar.ce as here~n requ~red to be carried o~ the improvernents s+tuate on the above described premises_ C-Premi~ms on such m~rtg~ge guaranty insurar:ce as mortgagee shail from nme ro ri,ne deem fit to carry on the loan secured hereoy. Mortgagee sha11 !rom time to t~me not~fy mortgagor i~ wr~t~ng of ~he amounr due and payable hereunder and :uch sum ahatl thrreupon be due and :.~yable on the due date of the nex! month:~ payment and each successive momh thereaiter uctil mortgagee shall not~fy morrgagor of a change in such ounf. Such sums sh.a:l be applied by~mortgagee toward the payment of real property taxes, insurar.te prem~ums, and mortgage guarenty inwrance .•~~emiums. IN Y~ITNESS WHERfOF, the lAid M TGAGOR has hereunto set his hand and sea~ the day and year first aforesaid. Si , Seal~d 'vered ; rhe pr e of: ^ ~ ~.7 " ~ (Seaq . - L {Seal) (Seal) (Seaq SiATE OF FIORIDA - ~ ~:uNrroF St. Lucie k Before me perso~alty appeared Audrey Al. DpV1S~ a•1CIOMl _ ; - - i~is+~wfw fo weli known and known to me to be s the individual~ desuibed in and who executed the fwegoi~g instrument, and acknowledged before me tFwt SF~ executed the same for the purposes R rhe.ein expressed. Aod shs .said ' ac~telof she.said - ~ ' ~ ~paw=eaod p?irata ~ -.en,;newon~+ne-ts~cerraeps~e~e~n~ aperr irem i~e+~sa+d fivsbatt~ acknv+vkdged ro-and befar~? mc tharshce~iLc°tpb?~8~d-insnur~~ee~-f!telr andtielerr ~ Li~u+~ and ~ithoui aty~ tornp+?~sion.. cvnsLaiot.-aPPrqF~os~o~ ros. fe.ar of ~c lrorn be~ saYLhusband_ , WITNESS my hand and official seal this 3~th day of ~--1 Januar,3y '••~/0.. o- T9 73 ` y~~..,.-.v . ~ ~ Notary Public in and fW~d•S ~,Of~Flo~jds't1 L2rge My Commission expirest J~• : f`- Refurn To: F~rst Federal Savings 3 loan Assxiat~on N~jqR~~(~(~~,jqj~pf~:DAstLARGf Of Fort P;erce. My (;pM~~$s{pK ~~PIRES SEPi. 25. 1975 ~ Fo,? ~~efce, F~cr~d~ Bonded By Ameiitan Bankers Insurante ~:o- ' FtLEO ANfi R£~CRDED ; SI.U~C~_ •:G~~!1ir FL~. - This Instrument Prepared By J. H. Roberts ,Ir, R{~:,E>• P~ITRAS ~ First Federal Savings 8 Loan Association ' ClERx C~ CJIT COURt of Fort Pierce REC~~~)'+'=~.~F.EQ . Flor ida Checked By J~u+ 31 3 3o PM'z3 i ~ R ~ ;z44~932 g~,~?K ~10 ~~~:f ~.758 jS ~ - ~ , ~ : ~~~~r'h"~~, sa ~ ~ ~ ~.i , .t - ' r x:a., . . . .~.a,m~