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Home My WebLink About1675 9. To place and continuou~ly ke~p on tM buifdingi now a hsreaftN ~iwa~~ on said land and on ~II equipment ~nd pNSOnally covHed by thi~ mor~~ p~, with ~II pemiums thereon pa~d in f~•II, lire in~uranc~ in ~hs usual standard policy Iwm, in a tum approved by tht MORTGAGEE. and winditam inwra~c~ in ~h~ uiwl standard pol~cy form, le a sum approved by ~M MORTGAGEE, in such compa~y w compa~~~s +s tM MORTGAGEE m+y , d'u~t~t u+d all fin and •windsto~m insurant~ policiei on ~ny of a~d build~nps, any tnt~rest tMrei~ or put tF?~reol, In tM p9~eyN~ wm ~faewid or In ~xcess tl+ereof, thall contain tM usual tt~nda~d mortqape~ clau~ a such o~F~ clavs~ as tM Mo+ty~qe~ may requ~r~, makinq ~he lou u~de~ s+~d po~i~ cie~, ~ach and evay, pay~ble to iaid MORTGAGEE +s its iw~eres~ msy ~ppear, and each a~d ~ve~y svch po~~cy shall k» promptly ~u 9ned snd delivered ~o ~ny held by said MORTGAGEE furthsr sesurity to said matpa9e debt, and, ~+ol lass tMn ten (10) dayi in advance of tM expir~tion of each poNcy, to da I~vN to said MORTGAGEE ~ ranewal ~heriof, toge~l+K with a race~pt iw the prem~um of ~uch renswals ~nd ~hsr~ sFull be no f'ue a windstam insuranc~ pl~ad on ~ny o) said bvildirgf, any interest therein or p+~t 1Mreof, vnleu in the fo?m u+d with tM los~ paYable as afaesaid; and in ti?~ evenl any ium of mon~y becanes payable undsr such policy or policies wid MORTGAGEE shall have the optip? ro receive a~d apply the same on account of tM indebred- n~ss secu~ed Mr~by M 1o permit said MORTGAGORS fo receive ard uss it o~ any pa~t thereof for other purposes, withoul ths.eb~ weivi~~~ w ~~npai~• i~y ~ny equity, lie~ w right vnder w by virtw of this mort9~ge; ~nd in tM event said MORTGAGORS shall fw any reason fail to keep the said premisas io insured, a fail to deliver pomptly any of said policies of insura~ce to said MORTGAGEE, or fail promptly to pay fully any pre~ni~m therefw a in any respect fail 1o pafwm, dixharge, executs, e(fect, complete, comply with and abids by this cove~ant, a any part heroof, said MORTGAGEE may pl~ce and paY tor svch inturance o~ ~ny part thereof without waiving w ~f(ectinp any option. li~n. equity, w right under o~ by virtw of this IMortga~e, and the full ~mouet of each a~d evay such paymeM shall be immediately dw and payable and ihall bear interesl irom ths date thereof until paid at ths rate of nint per centum pe~ annum and together with s~ch interest shall be secured by ths lien of thif mwigage. 4. To permit, commit or suffa no waste, impairment a dctera~ation of uid property a any part tF~ereof. 5. To pay all and singulsr the costs, charges and expenxs, including a ressonable attaney i fee and costs of abstratts of title, inc~rred o~ paid at any time by said MORTGAGfE, because w in the event of the failure on the pa~t of the said MORTGAGOR to duly, promptly and fully per(wm, diuha~ge, execute, e(fect, complete, comply with and ab~de by each and every the stipulations, agreements, conditions, and covenants of said promissory note and this mortgage any or either, and uid costs, charges and expenses, cach and every, shall bs immediately due and payab~e; whetFxr o? not thcre be notice d~ mand, attempt tp colkct w suit pending; and the fult smount of eath and every such payment shall bear interest from the date thereof until paid ~t the rare of nine per centum per annum; and all said costs, charges and expenses inc~rred or paid, ~ogether wi~h such interest, shall be secured by the lien of this mortp~ge. • • 6. That (a) in the eve~f of any breach of this Mortgage or default on the part of tFx MORTGAGOR, w(b) in the ev~nt sny of taid sums ,of money herein referred to be not p~omptly and fully paid wilhin thtrty (30) days nexl after the sams uverally become due and payable, wi~hout demand w r+otice, or (c) in the event each and every the stipulations, agreemcnts, cond~tions snd covenants of sa~d promisso?y note and th~s mwtgage a~y w either are ~ot ~u.ly, promptly and futly performed, d~xharged, execured, effected, completed, complied with and abided ~ay, then in e~ther w any such event the said sg gregate sum mentioned in said promiuwy note then remaining u~paid, with interest accrued, and all moneys secured hereby, shall become due and psy- able fo~~hwith, a thereafter, at the option of said MORTGAGEE, ss fuity and completely as if all of ~he said wms of mo~ey were aiginslly stipufated to be paid on such day, anything in sa;d promissory note or in this Mortgage to Ihe cont~ary notwilhstanding; and thereupon w thereafte~ a1 the option of said MORTGAGEE, without notice w demand, suit et law w in equity, the~efore or thereafter begu~, may be proxcuted as if all moneys setured hereby had maturtd pnor to its institWion. 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgsge, w to foreclose it, or to refam it, or to enforce payment of any claims Fie~eunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereof for the appo~ntmen? of a Receiver, suth Court shall Forthwith appoint a receiver of said mwtgaged property all and singufar, includ~ng atl and aingular the income, prof~ts, iuues and revenues from whatever source derived, each and every of whrch, it being expressty understood, is hereby morrgaged as if specifically set fath and destribed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and such appointmenl shall be made by such Court as an admitted equity and a matter of absolute right to said MORiGAGEE, and without reterente to the adequacy or inadequaq of the value of the property mortgaged or to the so~ve~cy or insdvency o( said MORTGAGOR a the defendants, and that such ren~s, profits, income, iuves and revenues shall be applied by such Receiver according to the lieo or equity of wid MORTGAGEE and Ihe practice of such CouA. 8. To duty, promptty and futly perform, discharge, execute, effed, complete, comply with and abide by each and every the stipulations, sgrecments, conditions and covenants in said promissory note and this mortgage set forth_ ' 9. That in the event thr ownership of the mortgaged premises, a any part thereof, becomes vested in a persw~ other fhan the MORTGAGOR, the MORTGAGEE, its successws and ass~gns, may, without notice to the MORTGAOR, deal with such succeuw w successor in interest with re(erence to this mortgage and the debt heceby secured in the same manner as with Mortgagor without in any way vitiating a distharging the Mwtgsgors' liability here- under or upon the debt hereby sec~red. No sale of the premises hereby mortgaged and no forbearance on the part of the MORIGAGEE or its sutcessors or assigns and no extension of the time for Ihe payment of the debt hereby secu~ed given by the MORTGAGEE or its svctessors o? ass~gns, shall operate ro releau, diuharge, modify change w affect the original liabitity of the MORiGAGOR herein, either in whole w in part. 10. It is specifically agreed that time is of the essence of this contract and that no wsiver of any obligation hereunder o! of the obligaYw~ st cured F?ereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In add~tio~ to the (orego:ng monthly payments of princ"pal and interest required by the promisscry note sccured hereby, mortgagor covenants and agrees to pay to mortgagee vvith each monthly payrnent an add~~ional sum estimated by mortgagee to be equal to 1~ 12 of the annual cost of the follow- in9: . A-All real property taxez levied or assessed against the above described reat eatate_ B-Premiums on fire and windstorm insurar.ce as ixrein requ:red to be carried on the improvements s~tuate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mwtgagee shall from t~me to time deem fit to tsrry on the ban secured he~eby. ' Mortgagee shall from time to time notify mortgagor io writing of the amount due and payable hereunder and such sum shall thereupon be due and Fayable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagw of a charge in such f arr.ount. Such sums sFall be applied by mwtgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOf, the wid MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ` ~SAg ~ aled !ivered iA presence of: ~ /~~LJ.~~ T!~~p~ K/K. O - ~`~/Y~ (~al) ~ kT ness r csea~ t~ ness e en z r s~an STATE OF NL'"III YC~RK ~ ~ couNTV oF ~ - Before me personally appeared Anthor~ Metzler and Helen ]~tiZl.@I' his wife, to me well known and known to me to be the individvals desvibed in and who executed the foregoing instrument, and acknowledged befwe me that they executed the same for the purposes therein expressed. And the said H91AII ~tiZl@1' w~fe of the said ~nthon4 Metzler upon a separate and private examinatwn by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volurr rar~ly and without any compulsan, constraint, apprehension, or fear of or from her ssid husband. , WITNE55 my hand and official seal this y~ ~ dsy of A. D. 19 ~3 - ~ • ~T ~ F - : Notary Public in and fw the State of at,~~qtl:~.~ . . ~ My Commission e:pires: • ~L` ~'%is~ ~ Retum io: ' % J~i~~ ; ~ First Federal Savin s b Loan Association GUS SGHWEI'TZER ~-~1'.'~' f~'y r~~~ . ~ Of Fort P:erce. P~o~a-y Pu~!ic, S~a~e of N~w Yetl' v~~ ~ No. 41-'s56~075 ~ #~°v;.'; Fort Pierce, Florida Qua!~iied m Qxens C 1' ~ 2 510`75 TKT Exp~res March 30, 19 - ~~J~:~:~ ~ _ " This Instrument Prepared By J. H. Robe1`ts~ Jr. S~ IUCIE COUNYY fLA. '~r~ ~ First Federal Savings & Loan Association ROCEP. POITRAS ( of Fort Pierce~ F"jO~dg RECORO YERI IE~ COU~ R~ , Checked By ~ 3 9 SZ ~y ~73 - N7 8o~z~z ~i~ss~ ~ ^ ~--Y _ - ~ . , ~