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Home My WebLink About1209 3. To plsct and cominuously keep on the bvi'd~ngi no« a here~i~er utw~e on sa:d ~and snd on ~!1 cq~~p~cn~ •nd penw~a'ir cc.e+ed o~ ~++:s ~+o..~ p~. wi~h all premwms ~he~con pa d ~n futl, hre ~nwrance m ~he uswl s~uda~d po~K~ iwm, i~ • sum ~pp~o+cd br +?~e MC~ ~ GAGEE. 4 w~~~ inswance in ih~ uswl uanJerd pol.cy tam, in a sum appro+ed by the MORTGAGEE. i~ wch taop+ny o~ cv*~pan~ +s N~e µ0~1~~ dir~ct7 ~nd all firs and w:nJswrm inwrance pol~ues on ~ny of u~d buikl~nps, M~ inhrest there~n o~ p+n thereof, in ~he a9grr9a+e sua a4ores+~d a in ~xce~s thcreof, ~hsll co~~ain the us~al standa~d mu~gagee clause w such o~he+ c~avs~ as the Mwtgage~ ~+++Y ~~9~~~. ~PU cies, each aod every. payabte to sa~d MJRiGAGEE a~ i~s imerest may appcar. and cach and e~y such po~,cy ~hail be p.o~*+p+~y a~sy~rd af+d daLvered b •ny held by sa~d MORiGAGEE as (u~the~ securily ~o said mor~p~ge debt. ~r+d, not kss ~han ten I10) days in ad:anu of the e.p.~~~wn o+ ead~ Po~'~~• ~ d? ~iver Io said MORiGAGEE ~ renewal ~hereof. ~ogeihe~ with a receipt fw rhe p.e.+~~wn of such rene+~al; and ~here shail be no fre W M~rd~IpT :+w,.a~c~ pl~tcd on ~ny of said build~ngs. any intercst therem a part thereof, unlesa in ti+e form ~nd w~th ti» loss pareiab as aforesa~d: +~d 'r+ rhe e~ any wn~ of money becomes payable under such policy a po~~ues sa~d MOR~GAGEE shail have the optwn to .ece~~e and +pp1y tF+e sar:+e on ucow+~ o~ ~?.e ~t~ed' ness iec~~ed hereby a to permit sa~d MORTGACaORS to receive and us~ it o~ +ny part ~hereof tor o:n~~r Hur,:usrs, r..~i.o.,e ihr. o: wn~.~ ing any equi~y, lien a riyM under w by vir~ue of this mo::gage; ~nd in the evcro sa:d MORiGAGORS shatl fo+ any reason iail fo ~eep the s+~d pe^~u+ so insured, or fai) to delivcr promptly a~y of said po~Kies of insurance 1o sa~d MORiGAGEE, or faii promptly fo pay fu•ly any p*c~~~:,~+ nc~refw p a+ r+y respect fail to pe+(wrn, d~scharge, execvee, e11ec~, canplNe, comply wi~h a~d ab+de by th~s core~wn~, or a~y p~l~ he~eof. s+~d MG~iGs.GfE ~++ar p++u +'`o pay fo? such insurance or any part thereof w~thout waiving or affecti~g any option, lica, cqu~ty. a ri~ht undt+ a b/ vutue of this Mat9+ge, a~+d tt~t full amount of eacA and eve~y such payment shall be irnmediately due and payabk and shall bear in~eres~ trom the date ihereof until pad at rirc r+~e oi nirK per centum per annum and to~rthar wi~h suth interest shail kx secured by the lien of this tnortgage. - 1. To permit, commit or s~ffer no waate, impairment or detcrioratio+~ of sa;d property q any paA thereof. 5. To pay afl a~d singular the costs, charges and c+epenses, indudir?9 s reasonabfe attaney i fe~ and cosn of sbsrracts of ut!e, incuned o~ W~d any time by said MORTGAC~fE, betau~e ot in the event of the ia~lure on the part of the said MORTGAGOR to duly, promptly snd fu~~y pNform, dochuge execute, etfect, cemplete, comply with and ab:de by each and every the atipulat~ons, sgreemcnts, cond~taro, and covenanis of sa~d p~a*s~ssory note a^d rh+s mortgage any or e~?her, and sa~d cosn, charges and eapenses, cach and every, shall be immed~atdy due and payable; whe~he. or not the+e be ~*~c.e dt mand, anempt to co1{act or suit pend~ng; and the full amount of eath and every svch payment shall bea~ iroerest from the date the~eof u~u? pi.d at N+e r~re of nine per centum pcr annu:n; arw aU said costs, chacges and expenses incurred w paid, together w~th such interest, shail be secured bp ~he I.en of ~s mortpaye. 6. That (a) in the event of any breach of this Mortgage w default on the part of the MORTGAGOR, or ~b) in the eve*+t a^Y of sa:d sums of ^'°^eti herein referred to be not prwnp~ly and tully paid within thfrty (30f days next site~ the same severa:ly become due and payabk, wnhout de~*~+~d w not~ce. ~ or (c) in the evem each and every tfie `stipulat~ons, agreements, condit~ons and covenants ot sa.d promissory note and th;s mongage a~y or e~tl+er are rw~ iuly, Rromptly and iully performed, d~uha~ged. executed, eifecred, completed, compLed with and abided Sy, tFxn in e~+her or any svch eyart the s+~d ag grz~gate sum mentioned in said pro*:~~sswy note then remaining unpaid, with interest scu:red, and atf moneys secured hereby, shal{ becaee due ud pay~ ab~e fwthwith, or thereaftar, at the option of said MORiGAGEE, as fu11y and comple~ely as i1 a~I of the sa~d svms oi mw~ey were or.g~*~+~~Y st~puated to be pa~d on such day, anything in sa:d prom~ssory note or in this Mortgage to the cont~a~y not«ithstanding: and thrreupon a t}+ereafter at the op~.on of said MORTGAGEE, v.ithout notice or demand, suit at-law w in equity, therefore w thereafter begu~, may be Wosecuted as if atl moneys sewrtd he+eby had matured pnor to ~ts institutlon. 7, ihat in Ihe event that at the beginnirg of or at any time pending any su~t upon th~s Mo~tgage, a to fweclose it, d to refam i1, or b enfa~ce payment of any c+a~n,s hereunder, sa~d MORTGAGEE shall apply to the Cour~ haying jur~sd~ction t~ereof fw the appo~ntment of s Rece~m, wci~ Cax~ s}ca~~ For~hwith appoint a receiver of said mortgaged property all and s~~+g~lar, includ~ng ali and s~ngutar ihe income, prof~ts, iswes ~nd reven~es from vrhatever se~rce derived, each and every of wh~ch, it being expressly undentood, is hereby mortgaged as if tpec~f~cally sef fw~A a.+d dexr3bed ie the 9'+^*~'9 ~ habendum clauses hereof, and such Rcteiver shail have all the b~oad and effeaive funct.ons and powera ie anyw~se erttrusted by ~ Coun to a Receiver, and s, ch appointment shall be made by such Court as an admined eqvity and a rt+atter of absolute right to said N~ORTGAGEE, a~d w:tt.cut refereate to the adequacy w inadequacy of the value of the properry matgaged w to the so.vency or inso~vency of sa~d AhORiGAGOR o~ the defenda-m, ar+d *hat s+x1+ renis, profits, income, issues and revenves shali be applied 6y such Receive~ accord~ng to the ~ien or equity of w~d MORiGAGEf and the pra~ite of wti~ Court. ~ 8. To duly, prompt!y and futly per(orm, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipulatiorss, agreemmts, conditions and covenanrs m sa~d promissory nore and this mortga~e sat forth. 9. That in the event the ownersh~p of the mortgaged pren,ises, a any part thereof, betomes vested in a person othe~ than the N10RTGAGOit; t1+e MORTGAGEE, its succes:ors and ass~gns, may, witho~t notice to the A10RTGaOR, deal wnh such successor a successo~ ~n ~meres~ wnh refne~ce to this rnortgage and the debt t~ereby secured in the same manner as w+th Mortgagor wirhout in any way vitiating w d+uha~ging the /Auagagors' lisbitity F~ir under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the pen of ~he MORTGAGEE a its u+ccessus or assigns and no extension of the time ior the paymenl of the debi he.eby secured given by the MORTGAGEE or its succtssors ot ass~gro, sha1~ opua~e io re~ease, d~scharge, modify change or affect the original liab~li~y of the MARTGAGOR here~n, either in whole a in part. 10. It is speufically agreed that time is of the essence of this contract and that no waiver oi any obt~gat~on hereurder or of the obligation sr cured hereby shall at any tinx thereafter be hetd to be a wa~Yer of the terms hereof or of the instrumeM secured herby. 11_ In add:tio~ to the forego ng month!y payments of princ pjl and intrrest requ~red by the prwn~ssary no~e secured F~reb~, ma-tg~or covenants ard agrees to pay to mortgagee vc~th each monrhly payrneM an add+vional sum est~mated by mortgagee to be eqvai to 1, 12 of tiie enn~a~ cost of tir_ lolior- ~ng: A-All real prope~ty taxes levied er a:sessed agai•ist ihe above descri~cd real estate. B-Pramiums on fire and windslorm insvra~ce as here~n ?equ:~~l to be carried on the ~mprovemr~ts s'tvate on the above desc.~~3 ~emises. C-Pre:ni~m: on such mort3age gua!anty ir.s~rar,~e as matgagee shall frcm t•ne to time deem fit to carry on the loan xtused i~ereb/_ Mortgagee sha~l from rime to time norify mortyagor in writ~ng of the amount due and payable here~nder and such sum sha:! therevpon be dix ar~d ~ayable on the d~e date of the neat m.onthty paymem and each successive month thereafter urail mo~tgagee sha!! not~fy mortgagor of a d~wrge in s~r.h j a~~:ount. Such sums sFa11 be applied by mortgagee toward the pa~ment of real pruperty taxes, insura~xe prem:ums, a.~d mortgage g~arantY inwrance premiums. . ' IN Y1ITPJE55 V1/NEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Signed, Seated and ~jiver "in the prese e of: • ~ ~ ~ ~ R t Rutn - q ~ ~ . t' L; R ta Rntaik rsdn SiATE F FLORIDA 1 St Lucie r COUNTY OF • ~ Befwe me personally appeared Robert ~{ltA~~C ~ Rita R11tfl~C his wife, to me well known and knorv~ to me to be rhe indiv~duals described in and who executed the foregoing instrument, and acknowledged before rt+e that they executed tF+e same for the pwposes therein expressed. And tht said Rita Rutnik , ~,;~fe of the s3~a Robert R11tA~C upon s separase and pr:v~te e.am~nat~on by me taken separate and apart from her said husband, atknowledged to and before me that sF+e executed said insvu.eie+~1'fflwly and vofwt rar~ty and without any compulsion, censtraint, apprehen ~'oor,~or fear of or from her said husbard. r_~ ~ ; . ~ CL- da of ^ ~=C A fli 19_~ WITNESS my hand and offiual seat this y . - Z a ~ ~ Not~ry Public in and or ~ a~of lK~~ d Ls,/ye- - ~ • My Commission e~ires: - • ~ Return To: _ _3 ~ _ 7J/ , ~ t I ~ ~ ~ ~ First federal Savings 3 Loan Association . ~ - • Of Fort P c:c? ~ ' / ~ • ~ Fort F~erce. Fkor~da ~~I~/~¦~ / ~,A; ~ +t rEC~RDED fILEC t_ ~ ST.LUCIc ~~UR'Y il~- a~cL~ -~1?KAs This Instrument Prepared By JOhn W. COll~tis ClE~1: ~'f ~~~5 ~JURT first Federal Savings & Loan Association prr_;F_ v~- Ei.---- ~ . of Fort Pierce~ Floz~da u¦Q 3 3g ~K ~73 ~ r"~ C~~ Checked By - ~ ~~2~2 ~1209 - ls - - - - - - - - •