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Home My WebLink About2852 ~ . ~ 3. To plact and cont~nuouily kesp on ?he bvitdings now a h~reaf~er ~itust~ on said land and or+ all eq~~pment and per~enally coverod by this mortg~ sg~, with all p~emiumt thereon pa~d in full, tire insu~a~ce in 1M utual ttandard po1Ky form, in • sum approved by the MORTG~?GEE, and w~ndstorm ;nsurance i~ the usual s~anda~d pol~cy fwm, in a s~m ~pproved by tM MORTGAGEE, In s~ch company o~ com ~an~es as ~M h10RTGAGEE may . diracr, vnd all fir~ and windstorm iniurana POIiCiO! on any of said build~nps, any int~ro~t therein or p~~t tfiereof, in ~~e ~ggreg~~e sum ~}oresa~d w in exceu thereof, sha~l cont~in the ~~wl standard mw~payee clsuse w such othtr claus~ ~s ~M Mw~p~ga~ m~y reqv~~e, maYinp the loss unde? ~a~d po~i- cies, e~ch arxl every, payable ~o said MORTGAGEE as it~ i~terest may ~ppear, •nd each a~d eve.y such poiicy th~ll be promptty ats.~ncd and dNiver~d ~o any held by iaid MORTGAGEE af (urthsr ieturity to iaid rtwr~ya9e deb1, and, not Ies~ tAan ten (10~,~~ys v+ edvance oi the expir~t~on of each policy, to da I~ver to said MORTGAGEE a renewal thereof, ~o9etMr with a receip~ fo~ the premium of such renewal; and ~here shall be no f~re or winds~o~~n insurance placed on •ny of said building~, any inlerest th~rsin a p+rt thtreof, u~less in the form and with th~ loss payable as aforesaid; and in th~ event any sum of money bccomes payable unde+ tuch polity a polKies taid MORiGAGEE shall Mve Ihs oplion to receive and apply the same on accounl of tl~e indrbted- nei~ secured hereby w ~o permit sa~d MORTGAGORS ro receive ar~d use it a any part thereof for ofher purpaus, wi~houf ~h,~~o~ wa~~~:~g or ~~~~pah- ing any eqvity, lien w?iyht w+dei w by virtue of this morty~r, +~d in tha ~vem u~d MORTGAGORS shall fw any resson f~il to keep ~he sa7d premisrs so insured, a fail fo delive? promptly any of taid policies o( insur~nte to said MORTGAGEE, w(ail promptly to pay fully any premium therefw o~ in a~y resp~d fail to psrforrty discMrge, execute, effcct, complele, comply with and abide by thit tovenant, a any part hereof, sald MORTGAGEE may place antl pay fo~ such insurance or any part thereof withoul waivinp a ~ffectin~ a~y opt~on, litn, equity, w right under or by virrue of this Mortgaye, and ~he full amouRt of eath and every ~uch payment sMll be immediately dw end payable and thell bear interesf irom the date thereol un~il pa~d at the ra~e o1 nine per centum per annum and to~ether with tuch interesl shali be secured by the litn of thi~ moct~age. To permit, mmmit w suffer no waste, fmpairment or deterioration of said property or any part thereof. 5. To pay all snd sinpular the costs, charges snd expenses, including a reaso~able attorney's fee and costi of abstracts of ti~te, incurr~d o~ pa:d at any time by iaid MORTGAGEE, because w in the event oF the fa~lure on the part of tM s~id MORTGAGOR to duly, promptly and fu~~y perform, d~xharge, executa, effect, complete, compty with and ~b:ds by each and every the stipulat~ons, egrecmenti, conditiont, and covenants of said promi:sory note and this mortgage any w e~the~, and u~d costs, charge~ and expenses, each a~d avery, sMll b~ immediately due and payable; whe~her a not the~e be not~ce dr mand, ateempt ro col{ect or suit p~nding; and ~h~ f~ll amo~nt of eacF~ and wery such p~yment ihall bsar i~terei~ from ~he date thercof unril paid at ~hc rare of nine per centum per annum; and all said coits, charyes and expenscs incurred o~ paid, togetlxr w~th such interest, shal) be setured by the lien of th~~ mortpage. b. Th~~ (a) in the event of any breach of this Mo.tgape o~ default on the part of the MORTGAGOR, or (b) in ths event ~ny of ta~d tums of money herein referred to be not promp?ly snd fully p~id wifhin thirty (30) d~ys next after the same uverally become due and payabb, wiihout demand or notice, or (c) in the event each and eve~y the ttipulatians, agreements, conditions and covenants of sa~d promiswry nore and th~s mortgage ~ny or either are not ~uly, p?omptly ~nd fully perfwmed, d~xharyed, executed, eftected, tompleted, compl~ed wi~h and abided by, then in e~ther or any such event the sa~d ag gregate sum mema~ed in said promissory note then remaininp unpaid, with interest accrued, and all moneys xcured hereby, shall bccome due and pay- able forthwith, a thereafter, at the option of uid MORTGAGEE, ss fully and completely +s if all of the said sums of money were alginally st~pulated !o be paid on such day, anything in sa;d prom~uory note w in this Mortgage to the contrary notwi~hstand~ng; and thereupon or thereafter at the op~~on of said MORTGAGEE, without notite or demand, suit at I~w or in equity, therefo~e a thereafter begun, may be proxcuted as if all moneys secured hereby had marured pnw to its institution. 7. That in the evcnt that at the beginning of or st any time pending sny suit upon fhis Matgsge, w to foretlose it, w to refwm it, or to e~fo.ce payment of ~ny claims hereunder, ssid MORTGAGEE sMll apply fo the Court having jurisdittion thereof tor tht ~ppointment of a Receiver, such Cou?t shall forthwith appoint a receive~ of ~aid mort~aged property all and iinyular, includ~ng all and singula~ ~he income, prof~ri, issues and revenues from whatever source derived, each and everyr of whKh, it beinp expressly understood, i: hereby mortgaged s~ if apec~fically tet fwth ~nd dewEtxd in tM ~rsnting and habendum clauses hereof, and such Receiver thall Mve sll the broad and effective funcno~s and poweri in anywise entrusted by • Cowt to s Rcceiver, and s;,ch appointme~t shall be mads by such Court ~s an admitted equity and a matter of ~bsolute r~ght to ssid MORTGAGEE, ~nd without reference to the adequacy or inadequacy of the value of the property mortya9ed or fo the solvency or ;nsolvency of ~a~d M(lRTGAGOR or the defendants, and ~hat such re~~s, profin, income, iuues ~nd revenues shall be applied by iuch Receive+ according to the lien or equity of said MORTGAGEE and the practice of such Courf. 9. To duly, promptly and fvlly perform, dxharge, execute, effect, comptete, comply with snd abide by each and every ihe stipulations, agrcements, cenditions and covenanrs in sa~d promissory note and thls mortgage ut forth. 9. That in the event the ownership of the mortgagcd premises, a any parf thereof, becomes vested in ~ pe~son other than tlx MORTGAGOR, the M.ORTGAGEE, its svccessws and auigns, may, without ratice to the MORTGAOR, deal with such succeuor or ~ucceasw in interest wi~h reterence to this mortgage and the debt hcreby setured in the same manner ss with Mo~tgagor withoul in ~ny wsy vitieting w discharging the Mort9sgon' liability hertr ;,rder o~ upon the debt hereby secured. No s+le of the premises hereby mortgaged ~nd no forbearance on the part oi the MORTGAGEE w its successon or assigns and no extension of the time for rhe payment of the debt hereby sec~red yiven by the MORTGAGEE or iti successors a suigns, shall operate ro release, dixharge, modify change w affect the orginal liability of the MOitTGAGOR herein, either in whole or in part. 10_ It is specificslly ~greed tMt time is of the euence of thii contract and that no waiver of any obfigation hereunder or of the obligatan sr cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11. In add~tio~ to_ the forego:ng monthly payments of prinCpal and interest required by the promissory nofe secured hereby, mortgagor covenants ar.d agr:es to pay to mortgagee with each monthiy payment an add~~ionsl sum esrimated by mortgagee to be equal to 1/12 of the annual cost of the follovv- ing: A-Atl real property taxes kvied or assessed against the above described real estate. B-Premiums on f~re and windstwm insurance as herein requ~red to be canied on the improvements sitvate on the above described premises. C-Premiums on such mwtgage guaranty inwrance as mortgagee shail from time to time deem fit to carry on the ban secured hereby_ Mortgagee shall from tirne to time notify mortgagor i~ writing of the amount due and payable hereunder and such s~m shall thereupon be due and ;.3yable on the due date of the neat monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such ~~.ount. Such sums shail he applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insurance ~~emiums. IN WITNE55 WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the dsy and year first afwesaid. ' ` ' ned. Sealed a delivered in the praence of: ~ ! ~~~GLKGCttfl GQ.F :Seal) i ~ Mar i ano e Mi ue 1 ~ ~ap i - _ (Seal) ~ INaZ 11 de Ml 1 (Seap ~ § STATE OF FIORIDA ~ i COUNTY Of $L • WC1C ~ ~ Befwe me perionally sppeared Mar iano de Miaue 1 and ; Marilyn de Miauel e - his wife, to me well known and known to me to be ~ the individuals desuibed in and who executed the foreyoiny instrument, and aclcnowledged before me that they executed the same for the purposes € a ~herein expreued. And the said- ~'1dr11Yn de M1QLel ~ w~fe of the said Maz iano d@ Migue 1 •f : pOh sepiroete snd private v ~xaminat~on by me taken sep~rate and apart irom ha said husband, acknowledged ~o and before me that she executed sajdinsiiurtNni freiM1y arxf volurr y ra~ity and without any compulsan, constraint, apprehens~on, w fear of or from her said husband. ' _ WITNESS m hand and officeal seal this 9th da of Feb u 1 1 ~ r y ~ A..b::'19.~~ j ~ ~ ' ' ~ ; _ . _ Notary Pubtic in snd Iw tbe~,5t•rte;o brida at_ largQ • My Commiu'wn expires: ,J ' - ` • 3 ; Retum To: ~ 'v ~ ~ first Federal Savings a toan Association KGiP.nY PUBUZ STAT~.ot~ ~AZ L1~RGE ` Of Fort P~erte. '.:Y CC\1!l.lSSID~ FxP~R~'ir '~ti'1: 25. 1975 ~ Art?eriwn Banicers Ins~rance oc:t~d By Fort Pierce, Florida ~ This Instrument Prepared By Dennis F. HolezgeY i11E0 AN~ RECORDEO First Federal Savings b Loan Association ST.LUC~~ COUNtr FIA. l of Fort Pierce Florida ROG<< ~~?TRAS ~ _ CIE=K CtrCU1~ COURT ~ RECJR : VE~' F~E~ ~s Checked By y ~ k FE8 13 io ~6 a~ ~z3 ~ ~ooM 210 ~~cF 2~49 ~4~'I11 _i R' _ _ _ _ _ ?~.~G~~~~ w~~ ; ~ . _ _ . _ _ ~ r;~~-~