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Home My WebLink About0197 - , 3. To plac~ ~nd cor.r;n~w~ly ~e~p on tM bu:ldinys now ci hrr~s~tu L~wN on sa~d Iand and ~an ati equ~pment ~nd pe~wnauy covaed by ~h~~ mort9- p~. w~th ~ll prtm~wna ~hcreon pa:d in fvil, f~r~ imur~~c~ i~ rM uswl sranda.d pol~cy fan~, in • wm app.owd by she lNORTIiAGEE. +nd w~~o.m inswance In tM ~swt s~andud pol:cy fa~A, in a win ~pp~ord by thi MORTGAGEE, in wch cornyany o- comRan~ss ai th~ NItORiGaGEE ~n+y ditKfj and all fir~ ind wMdstorm insuraew pW~cies on ~nY Of ~KI bYildinQf, My kUN~it thNlirl W~11If thNlOl, in t1?a spp~e9atR sum ~fa~sa~d or In ~xcess Ihereof~ s.hall con~~in ~M usual s~andud mut~+pN clavk or such o~1we clau:~ ss tM Mat9a9e~ in+y requ~r~. m+ki~+p tM Iou u~rJc~ ud po~i- c~ca. each and everY. av+b+. a sa+d MO~(G4GEE ~r its in~aes~ may appaa~. and ~+ch and ew~y such poi~cy shall bt p.omprly us.ynsd a~d Jc~:verrd +o ~~y heW by ~a:t! tiIlOR1GAGEE u(u~~her security to saic! mortpagt debt, snd, na I~u tMr ~en (10) d+vs in advsnu of ~M exp~l~Ian of each pol~cy, M d~- I;v~r to sa~d MORI('sAGEE a r~w~1 tAereof, topetlra wi~h • r~cNpt fa tha premium of sucA .e.?ew~~t a~d ~h++~ +h+~~ b+ no f~re o~ w~ndsTO~m insurance placed on any of ssid build:rgs, ~ny inte~est tMr~in w put thereof. unkss in ~M form ~nd w~th th~ !ou F~yabls u a(oresaid: ~nd in ~M e~ent nny sum of monty becomes payable und~r such policy w pol~ci~s said MORTGAGEE shall 1»w rM opuon to r~criv: and apply ~h~ same on +ccount of ~he ~ndebted- tvlsi secur~d he~eby ot 1o permit said MORTGAGORS to recsiv~ and us~ il p any pu~ thereof for othe~ purpose~: wi~hout th.~cb~ waivi ig o~ „~~pair- ing ~ny equ~ty, lien a ri~ht vnda~ o~ bp v'urw af tAis mo:spa~; snd if~ fM tvMt Hid M.7RTGAG~JRS lMII TOr i~fy reawn tail ro 4erp the sald prK++isrs so insured. a fail w deliver pron+ptly u~y ef sai~ potKies of insuruK~ 10 ~aid MORIGAGEE, o~ fail promptiy ro pay fuily a~y premwm ti~erefor a in a~~y ?espect iril b pe~fam, discMrQe, execure, effM, complete, comply w~~h ~nd sbdc by th~s cownant, w u+y part he~eoF, said MORTGAGEE mar place a~~d ~ pa~ fw such i~pu~anc~ a any part theraof wi~hovt waiving w ~ffactinp anr opt:on, li~n, e.~viry. cu r~h? under or by v'urw of thls Murgspe. and ~be , tull ama.m of each snd ~very wch paymsnt sh+~! be ~nr~diataly dw and payabla and shall b~ar interast from tM da~~ thereof until paid at the ra~e ol r,~ne per cen?um psr annum and together wi~h such interest shall be setuted b~r 1M IiM of this rewrtyspe. 1. To permi~, ca++mit a suf(er ra wasta. M11Pa~f~P~l~1~ O~ dlfKiOfiliOfl O~ i~id ~ifORNfy Of N1y PM1 fI1KlOf. 5. To pay all and sinpular the cos~s, c!?arges u+d expe+~se~t, includ;~p • rcaso.iabke attw~sy'~ fee and costs of abstracts of titie, Gncwred o~ paid at any eime by ssid MORTGAGE~ becws~ or ii+ tF~ event of tl~s failwe on tht pa~t ot ~he said N10RiGACaOR ro duly, prompfly a~d fufly perform, d.xhug~ exeru•e, effed, compk~e, canpfy w~th ~nd ab:dt by earh and every tM stipul~t~ona, ayreements. conditia~s„ ~nd covs~snn oi uid prom~uwy not~ and ~h~s mortgye ai~y o? e~rher. snd said costs, cMr~es and ~xpertsas, exh and evarx., sMll b~ inunediately dw and paysble: whetMr w not rhere be ~oiice do- ~ ~+snd, :nempt m cofke~ or suit pend~np: u~d rFw full arnount of each and every wch paYmeat shall bea. ime~es~ fran tAe da» thereof ur~til paid a~ the ' ~arr of nine per centum Ner annum; and all said costs. chupes ~nd expenses incwred a paid. togethrr w~tA such (nterwL shell be aecured by t(~e lisn of this mort~age, 6. TI?st in tFw e~eed of any brcach of this Mw~gag~ w delwlt on th~ part of the MOATGAGOR, o~ (b) in tM event ary of ss~d sum~ of ma~ey he:ein rsferred to be not promptly and fully paid within th~ry (30) days neat ~fter the samt sever+tl. become dw and payable. withoul demand w no~ice, or (cl in the evcnt each and eve+y th~ stipulations, agreements, conditions a~d cw~enann o} sa~d promisso~y note and th:s morlysQe a~y a either are no1 iuty, promptly and iully performed, dixharQed. eaecuted, effected, complered, complied wi~h and ab~ded Sy. fhen in e~~her w~ny such erenf the ia~d ag grc~,ate wm menraned in ssid promiuay note then remsininp unpa~d, wirh interes~ r_uued. and a1~ rr,oneys xcured hereby, shall become dw and paY abie forthwith, w ~he~eafter, ~t the opiron of uid MORTGAGEE, u fully ard compktely u ii ~tl oF rhe sa+d wrns of money were agi~ally alipuialed fo be pa~d on such dey. ~ny~hinp in ss~d prom~uory eoro w in tha Matgage ~a the cantr~ry notw~~hsrsnd~ng: and thereupon or thereafter ~i the opuon of sa~d MJRTGAGEE, without t10fKf or demx~d, svit at I~w or in puity, tAe+efae w ~hereafter bapun, may be prosecuted aa if ~II mwroys secured haeby nad marured p.w. ro ~n ~ns~iwrion. 7. That in tl+e event ~hat at the begtnninQ of or at any time pa~d'ng any suit uFon tha Ma.-tgsge, w to fw~'ose it, a to rcfwm it, or to enforce payment of any claims he~eu~der, s+id N10RTGAGEE shstl apply ro the CouA having ~,r: esd~ttion thereof fw the a~o~ntme~t of a Reccivet, such Court shall 'urrhwith sppoint a ~eceive~ of said mat9aged property all and singub?, includ~r?g sll and singulu the incwne, pof~rs, iu~es and revenues from whatever sou.ce de~ived. each ~nd every of whKh, it beirg express!y understood. a hereby mw~gaged as ii spec~fically set fath snd descr~bed in the g.an~ing and tiabendwn clausea hereof, ~nd such Receiver sha11 Mvx all the broad ~rd effecrive funce~ons and powers in anywise entrusted by a Court to a Receiver, and :;,ch appointment shall be made by such Court u an sdmitted equi:~ and s m~tter of absolute rght to said MORTGAGEE, and wi~hout reterence to the edequaty or inadequacy of >he wt~e of the property mortgaged or to the sWv.ncy o~ insolventy of uid MORiGAGOR or the defendants, and that such renrs, profin, income, iuues and revenues sh+ll b~ applied by such Receiver sccord~rsg to the licn or equity of said MORTGAGEE and the practiu of suc'~ Ccurt. ~ 8. To duly, promptly and fully parfwm, dischsrge, execute, ef£ed, tomplete, comply with ~nd a! ~de by each and evNy the stipulations, agrecments, ~ondi+iais and wvcnams in sa~d promissory note and ~h~s mortgsge ut fat~ 9. That in the event the ownership of the mwtg~ged premises, or any parf thereof, becomes vested in a persw~ other than the MORTGAGOQ the t~10RTGAGEE, its successors snd assigns, may, vvithout r.otice ro thc AtORTGAOR, dta! with such successa or successor in interest with reference to thia mortgape and the debt hereby secured in the same manner as with Mor~gagw without in My way vitialing ot discharging the Mortgagori liability hcrr undcr or vpon the debt hereby secured. No ssle of the prem~scs hrreby mwtgag• ~ usd no fwbearance on the put of the MORTGAGEE w its successors or ass~gro and no extansion of the time for the paymeM of the debt hereby aecu~eo yiven by the MORTGAGEE a its successors or au~gns, a~'wll opcrate ro rdease, dixharpt, modify chanya or affect the uiginal liability of ti+e MORiGAGOR he~ein, either in whole w in part. 10. Ir is sPecNizaily agreed that t~me is of the csunce of this cont+stl snd that no w~ive? oi ~ny ob~g+tion hereunder w of the oblgation sr c~red harby shall at any time thereafte~ be Aeld to be a waive? of the terms hereoi w of the untrumeM secured herby. 11. In add~tia~ to t1:~ fwego:ng mwnhly payments of princ pat and intercst required by the pron+~uwy no~e secured hereby, mortgagor covenants and agrees to pay to mortgagee with esch monrhly ,,aymertt an ~dd~rionsl sum estimated by mortgagee to be eqwl tu 1/1~ oE the a~~nual cosl o( Ihe follow- i ing: A-Atl .eal properly taxzs levied or assrssed agai~st tFK rbove described real estate. B-Prem~ums o~ fire and wi~storm insurance as fnere~n requ:red to be carried on tFx improvements s~tuate on the above d.scribed prem7ses. C-Premiums on such mortgsge gwranry insurar.ce as mortgagee slwll from t~me to time deem fit to carry on the loan secured herrby_ Mortgagee shall from tinr to t~me norify mortgagor in writ~ng of the amount due and paysbte hereur~der and such wm shail ihereupw~ Ee dve and I~ Fayable on tF~e due date of the next monthty Fayment and exh succcssive month thereafter ur.til mortgagee aha~l notify morfgagor o1 a change in such ~ ~~ount. Such sums sl:all be applied by morrgayee toward the payment of reai property ta:es, insurance prem:~ms, and mortgage guaranty insurance ~ premiWnS. IN WITNESS WHEREOF, the said 1NORTGAGOR has ne~euntc+ x' his hand and seal the day snd year first afuesaid_ ~ ,/~,~Sg~~a ~a ~ 1~ ed Yj~? the presence of: / ~~i " ~ /J Ls'~'•'+- L/ ~ Rober t B. Min 1 ~ ~t /5~~;~' -C , . seaq (il,i ~ 1' 1 °iS ~ -(S~a7 EYa M. Mingle~ SiATE OF Pena~ lvania ~ ~1'~ ~IM COUMTY C~F o Robert B. Min le ~ Before me personally ~ppeared 9 an~ BV8 M• Mingle his wife, ro me well known and kr.own to me to bs rhe individw[s desui4ed in ud wla executed the foregany instrumer?t, and ~cknowledged befors me that they exeruted the same Eor tt~e purposes therei~ ex AAd the said BVa M. ~ityl@ ,P. [°4'k44~-::.,. rvlfq•o~~ upon s sep+rate and private • e~~~vj(+'a~t~~ ,sepa~ste snd ap~rt from her ssid husband, ~ckrawledged to and befwe me that she executed said insrrument freeiy snd volvrr ~ tartlx~6nd withail'~~prriputsion, constraint, apprehcni~ S1I feu of or from F~er said husba~d. ~ W+~IE9SYn hsl~:nd official seal thii lI dry of A. D. 19___2'.~ ~ - 1 •i r`f~~.~ ~ ~ _ : ' r- ` ~t~ = G~• ~ - I~~ ~ r Notary P 1'K in and for thc State of PlAlti1 luye ~ ~ = F"" C My Caru~~sian expires: „3 ~ L 1 T~ ••t_' v~Yg~ `lAdrl /4tfOtiatiOn e• ~ :7Fn• `1~~ i~} . ' ' ' - - „ .f~(^ Plerce. ~ ~ ~t~~/~i~i~e.: flbtirla A~ . - ~fILEO A!iD e~fCOFiOW ~ :&T• WCIE COUKTY•PIA~. ~ R~CER PJSTit~B This Instrument Prepared By RiChard K. Kayes CLERR Ct?CJ1T CDURT ~ First Federal Savings ~ Loan AssociatiAn RECOR~ VER~FIEi? ~ of Fo~t Pierce , Rlozida p~ ~ ~ sn ch~~ s,? 2~,~89~ ~ ~ s~oK 2~1 19~ ~ , , ab ~ ~ ~ - - - - - - r_. ~ - _ , . _ _