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Home My WebLink About0195 To plac~ an.~ continvou~ly k~ap on iM bvi'd'nps now o~ F+~r~aher ~i~wN on satd urd and on +11 equ~pmenl a~d pHwnally covrre.~ by this map~ rqa w~rh ~11 pratowns therea? pa~d in full, fira 'uuu~a~c~ ~M uwal suu+dard poliry fa~n, in ~ approwd by th~ MOR7GAGEE. and w~ndi~orm ~Rwrance ir. ~M uswf srandard ppl;cy farR. in ~ i~m ~pprowd by th~ MO~TGAGEE. in sucb compa~y w cor~pan~es as tfie MQRivAGfE nwy dinct• and all 1'u~ ar,d windstorm insuranc~ poficies on ~ny of s~id build:~s, ~ny inls~r~t thtrcin o~ p+~t tFwYe+~l, in tM a99re9aee sum afaesa~d w in ~ac~i: :I.Npf, sMtl oon~ain tM utual s~andard ma~9op~t claus~ o~ sucA WMr tlavs~ u tl» Mat9aQe~ may requw~. m+?irp the loss unda tr,d p^ii- u::, c~cA u~d sv+ry, p+yabh eo said tAORTGAGEE es ~n •nraest may appssr, and cach ar+d ~vay i~ch po~~r/ sl~atl be p~ompUy ass gned ar~d del~verrd ~o ~ny hcld by said NWRiGAGfE u f~?:~hM secur.ty ~o taid mwtysg~ dcbt. u+d. not kss ?han t~n (10) dari ir. adva~uu~ of ~he eapiratan o~ each polrcy, to ds- livK ~o said MORTGAi,FE • re++swal rAereof, ~oqc~Mr wi~h a rec~~p~ fa rhe pr~miuen of wch ~a+ewd: cnd ther~ ~hsil be ~o f~r~ o. windsto~m insw~nc~ pl~ced on ~ny of said tw~Id~nps, im~rest the~e~n or put thereci, unl~u in tFw form u~d with ~l+~ loss payab4e ai afu~said: and i~ ~h~ event any w.n of money becomss pa~able under wch pol~cy w polKies said MORTGAvEE ~MII haw t!~ opt~on w nce:ve and ~pply the sanw a? ~ccount of the ~~debted- nru iecwed he~eby w w permil sa~d MORIGAGOR3 to recaiv~ and us~ it w any pa~t ~hrreof f~ o~?+e~ purpo~ei, w~~hwt thr:cu~ wa~Y~:~g er n„~~r- tng any sqv~ty. Iron or righ~ unde~ or by virtw ol ~his mor:g~ge; and in tFe ~vent wid MORTGAGORS shatl fa any reason fai~ to keep the said prem~s:~ w insurcd, a fsil a deliver p~omplly any of said policies of ieqwant~ to ss~d MORiGAGEE, w(ail ptomptty to pay futly any premium thcrefcr ot in ~ny reapac~ fail b paForm, diuha~qe, e:ecu~e, eflad, compkts. comply wirh and abid~ by this cov~~ant, or any pa~r haaof, u~d MGRTGAGEE may placc snd pay fw suth insu~ar.c~ or any ptrt ihereof witFw~t waivinp or affsctinp any oplion, lien, equity. a riph~ undea a bv virlw of this Ma~gage. and the fvlt emow~~ of exh and way su.-h p~yment tF~a11 be imrnedutely dw ~nd payaWe and thall beu hterest f~om 1M :-•a ti~ereof u~til pa~ at the rate ol n~ne pcr cen~um pa~ acnum and to~Nher with such interest shall be sec~:ed by th~ licn of this mort9a9e. 4. To permit, cwnmit a suifer no was~e, L~sAer.ent o~ de~ericra~ion o( s~id propaty o~ +~y part the.eof. 5. To pay aQ u+d s;rgulsr ths cosh, char~es u~d expenses. inclvdinp a reasonable attaney's fse snd cosrs of sbst~acts of title, incvrred or pa~d a~ ~ any time by said NORTGAGEE, because w in th~ twnt of ths f~ilwe on tF+e part of ~he said hLORTGAGOR to dufy, promptly and fvlly periorm, dixharge. ~ ~ execwe, eH~. compler~. comply w~rh u+d abide by each sod every the itipulanons, ~greemenri, conditions. ~od oownann of u~d prom~uory ~ore and ~h:s mxtgage u~y a eirhar. and said cosn, durges and exper?ses. esch and ~vs~y, ahall be immediately dw and paysble: whether a not thc.e be no~~ce ~r mand, attemp~ ro collM or wit pcnd~ng; and tl~e fvll amouM of rach and rvery wch payment shaU bear intereat from tF?e date thereof until paid at thr rate of nine pe~ ;entum per an~wm; and all saiei costs, charges and expenses irKVrred or paid, toyetF~ w~th such intereat; ~hall be secuced by the lie~ of this mortya~. b. Thst (a) in the event of any bre+ch of this A\ortgspt or defavlt on tht p+rt of the MORTGAGOR, w(b) in the event any of sa;d sums of money her~ir. referred to be rwt prornptly and fully paid wiihin thi•ty (30) d~ys next afeet the same sever~lly becon+e due u~d payabk. w ~hout demand a notice. ~ er (cl :n ~tie evenr each and every the stiputa~ion:, ag~eements, ca+di~ions and coverunts of sai~ p~omiuwy note and th~s matgsge any or ei~Aer are no~ ~ iu!y, xc+mptly u~d fully pcrformed, d~sch~rged, execuud, eifected, completed, comptied with a~d abided by, trk~~ in eitha or any •uch ewm the sa~d ag sc ~~egaM wm memMned in said promissory note then remaininp unpaid. with interest xcrued. and all moneys u vred hereby. shatl betome due and pay- aole forthwith, a tl+ereafte~, at the option of said MORTGAGEE, ss fully and complNely ~s if all of the uid wms of mw?ey were wiginally stiputated ~ to be paid on such day, any~Fung in ssid promusory note or in this M«tgage to tM conrrary ~otwi~hs!andi,p; and thereupon w thereaf~er a~ the op~ion ot sa~d AhORTGAGEE, without norKe or demand, suit at law or ~n equity, thereFwe a thereafter bcgun, :nay be proxcuted as if all mwuys securad he+eby 3 had matured pnw to its institutian. , + 7. That in tM evenr that at the beginniny of or st ~ny time pendirg any wit upon thi~ Mwtgage, a to foreclos~ it, or to reform it, a to enfo~cs { payment o: ~ny da'uns he~eundrr, said N10RTGAGfE sFwll apply ro rhe Covn ha~irg jur~sdK~~on +hereof fo. ~he appo~em~ent of ~ Receiver, such Coun shail ~ Fwrhwith appo~nt a receiver of said mortgaged property ~fl and singula, includ~ng all and singulsr ~he i++uxne, profits, issues u~d revenues (ran whare~er so:,rce derivcd, each and every of which, it beinp exp~culy understood, is lxreby mortgaged u if specifiuily xt fath and drscr~brd in the graroing and 3 hebenJwn clauses hen~of~ iIKI SVCI~ RKlIVlf shaU Mve all the boad and effecrive funct+ons and povrcrs in ~nywise entrusted by a Cou*t to a Receiver, and ~ :~ch appointment shatl be made by such Court as ari admitted equity and a mstter of absolute rigM l'd' sfid AhORIGAGEe, sr.rl wE~:tiuf reference ro the adeqvacy or in~deqwty oi the vs?ue of tF~e propaty mortgaged o~ to the wtvency or imolverxy of said MOQiGAGOR a the defendann, and that such rems, profi», income, iasves and revenvas sh~U be applied by such Receiver accwd~ng to the l~en w equiry of ia~d MORTGAGEE and the pracr~ce of s~:ch Court. 8_ 7o duly, promprly and fully perform, discharge, execute, effect, complete, comply with snd abide by each and every the stipulations, ~greements, conditions and covenants ~n aaid promissory note and this mortgage set fwth. ~ 9. That in the evenr the a~rnership o( the mwtgaged premises, w any pa?t thereof, becomes vested in a pe~son other than the MORTGAGOR, the MORTGAGEE, its s~ccessors snd au:~ns, may, without ratice fo the MORTGAOR, deal with such wcussw oo s~rccessor in interest with refcrence to Ihia mortgsge and the debt her~by secwed in the same manner as with Mortgagor without in a~y way vi+iating p d~uhargirg the Mortgagors' liability hcra under a ~pon the debt hereby secured. No ssle of the Fremises hereby mwtg~ged and no fat.'aranca an the pah of the M3RTGAGcE or its successors or assig~s and ra extension of the time for the payment of the debT hereby ucured given by the MORTGAGEE or in succes~ors or auigns, aiwll operate to releax, d:scharge, modify chan~e a affett the orig:na! liability of the M~ORTGAGOR herein, either in whole u in put. 10. It is specifically agreed tlut tirne is of the euence of this contract and thst no waiver of ~ny obligstion hereunckr or o'. the obligation se- cured hereby ahaU a~ any tin+e thereafter be hefd to be a waiver of the terms hereof or of the instrumeat secwcd herby. ~ 11 In add~ria-, fo rhe forego:ng menthly paymenta of princ'pal artd imerest requ~rod by tM p~om[asory noro secured 1~ereby, mortgaflor covenants a~d agrees to pay te mo:tgagee with eaih monthly payment an addi~ional sum estima~ed by moregagee to be equai to 1/12 of the annual cost of the follow- ' ;n~: A-All real property taxes levied or auessed against the above deuribed r~si estare. B-Prem~ums or~ fire and windstorm insu+ance as here~n requ~red to be carried on the improvements situate on the above described premises. ` C-Premiums on such mortgage guaranty insurance r.s mortgagee shall from t~r±me to time deem fit to carry on the ban secured hereby. ~ Mortgagee shall (rom time to time notify mwtgago: in writing of the amount due rnd payable hereunder and such wm shall thEreupon pe dve and ` ;,ayab~e o~ tfie due da?e of the next monthly payment and each wccessive month thereafter urtil mortgsgee shall notify mortgagor of a change in such ~ a:-,^vnt_ Suth s~ms sh.a(1 5e applied by mcrtgagee toward the payn+tof ~f reat properiy taxes, inwrance prtm:ums, and mortgage guaranty ir.surance ~ F,~emiums. _ ~ - IN WITNESS WHEREOF, the uid.1AORTGAGOR has hrrevnto x! h:s hand and seal fhe day snd ye+! first aforeaaid. ~ ~ Signed.Sea~ed and d~liv~'he presence of: C/`'~ / • E ~ ~ 1 ~LCJrt~~.-_:.~ v~ ($eaq r ~~t'~~ ~i B. Klein ` 4 % i , a _ a4 Inez B Kl in cs~an s;ATE Of FlOR10A Zl inois ~ - . ~ COUNTY OF ~T [Carl S. Klein Before me personallv appesred snd ~ Inez g• Klein his wife, to me well known and krawn to me to be rhe individuats described in and who executed the fwegoing instrurnent, and atkrwwledged before me that tFiey exetuted the sarrk fw the purposes ~ rhetein ~xa~d. ~,d r~ Inez B. Klein w~fe of the said - ~rl B. Kl@~I1 upon a separate snd prirrste ~ e.am~~atior? by.~q~~.,f~ke~~t~y ~rld apart from her sa:d husband, ackrawledyrJ to and before me that she eaecuted said insfrument freely and volvn- ~ ra~~iy arr! ~~fiq~t~any/Eodlp~~t~on,~tonstraint, appreF~ension, or feu of w from her said husband. 1~C ' r~, ,.~?r ~ ~MtT iFy~fi~c~,'asd;bff~et,seal rhis--~ / day of J~~= A. D. 19 73 ` ~ • yJ ~ ll~~..Cl / / s~ / ~i.~~ ~ ` ' , ~ • : , j ~ ~ ~ J '3~2~~i / ~ _ r• / _ r. Notary Public in snd fo- the State af ~ ~ ~ _ . : c~;~r~•s • My Commiuion expires: r • - ~ ~ Return `fi • j . `y`C-~ t-y~--t-fii ~ hiff~ alt~r~s 'i~b~ Aasociation / ~ O~- ~ - ~ . ~9~,~'• O~ Fod -0~r1ce?~ ~ . ~ ~rl'~wL~; ~~da ~ _ .~.~..::a•~ :~•p~c•,~-~A : y?. ~ } F1tE0 A~ic Pc ~ This lnstrument Prepared By John W. Collins ST, t~lE C~UNT~ ~ ~ First Feceral Savings F~ loan Association ~tOGFI~ ?~iTpAs ~ ~ of Fort Pierce~ Florida CtERR rQU~j - ~ RECO~~ +E-~r,EQ.~,~.~,~ ~ Ch~cked By ~ Fee !S 3 s3 PH '73 ~ gooK 21i ~~~F 196 ~~894 ~ ~ ~ ~ - - - - - - - - - z _ _ : ,..~:..__.~.'y~