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Home My WebLink About2138 To pl~ce ~nd con~inuously ketp on ~he bvild~~y~ now a Mr~afqr u1~~~~ on said i~nd ~nd on ~II equipmen~ ~nd pNwna~ly cov~r~d by Ihis map~ p~, witA ~II p~mivms thereoe~ p+;d i~ full, firo iruur~nc~ in ~M uw~l ~~and~.d poiKy fa~+, in • sum ~ppror~d by th~ MORIGAGEE. a~~d wind~~am inwr~nt~ in tM uswl ~t~ndard pol~ty fam, M~ ium ~pprov~d by tM MORT('sAGEE. in wch tanp~nY o~ tompani~s a tM MORiGAGEE may i dk~dt ~nd ~11 ~ir~ and w~nd~wrm inwr~ potkMS on ~ny of iaid bvilduq~, any {neKest tMrei~ w pa.t tM~wf, in tl» ap~.p~~~ w~n ~fa~a+id o~ ~n t:cea ~herwf. ~h+ll con~ain ~M ~,sual sund~~d ma~yap~e clau~e w sucA od~ claus~ ~s ~M Ma~papN n?ay rpu~~~. mdinp ~h~ lou unda ud po1F ci~s. sach ~nd ~wry. p+rabl~ W sa~d MORTGAGEE a ita in~eres~ may app~ar, ~nd each ar~d ~vay such policy thall b~ promptly ~u p~+ed and d~liv~red ro ~ny Mld by aid MORTGAGEE ~s lurther set~rity ~o u~d mor~9a~ debt, ~nd, nw lea IMn ~en (10) days 1n +dvsnc~ of tFw ~Yp~~~tion ot ~ach policy. ro dr liwr w said N?ORTGAGEE a nnewal tM~wf. toq~tiwr with a ~auipl fw tF~e p~~miuen of svth re~ewal; ~nd ~M~s sMll b~ ~o fu~ a wind~~am insuranc~ pl~c~d on a~y of wid b~rildinp~, u~y i~ta~st tMr~io a p~rt tMrwf, w?I~ss in ~h~ fwm and w~~h tM loss p~Yabl~ as ~fa~s+id~ ~nd i~ tM •wnt any sum of mo~~y becomss p+yabl~ undK such policy a polKi~s said MORiGAGEE ~MII Mw tM optan ro reteivt and ~pply tM s+me on accovm ol th~ i~debted nsu iecured hereby w b parmit said MORTGAGORS f0 reteiv~ ~nd us~ It or •ny pa~t thereoi lor othe~ pu~poses, WJI~OJI thsreb~ waivi~ig or ~mpair- in9 any pvity, litn a righl unds~ or by vittw o! thit mor!9a~~: ~nd in fM went Nid MORTGAGpRS shall (w ~~y rtason faU to ketp Ihe uid pr~mik» so insured, w fail ro deliver pomptly ~ny of said politie~ of inswu~c~ to s+id MORTGAGEE, w faii promptly ~o pay fully any premium the~efor a in any r~spect fail b p~rfam, dischuye, executs, ~ifeU, camplsts, comply wi~h and abid~ by this cove~am, w+nY P+r~ he.~of, said MORiGAGEE may place +nd - paY fa ~ucl+ irourance a any part ihereof withou~ w~hrinp w sffectirq any oplion. lien, equiry. w riph~ unde~ w by virtw of ~hii Ma~qa~e. and thc ~ •ry paYmsm shall be iminedidely dw and payabl~ a~ sl»II bear io~e~ss~ from tM datt thercof umil paid at the ~aa ol full amo~~t oi each and w such r n~ne pe~ centum ps~ annum and together with such interest shall be secured by the li~n of this mort9+p~. i 1. To permit, commit or suifa no was», impa'ument w deteriw~tion of sald property o? ~nY WA the~eof• i S. to pay all and sinp~ls~ the cos», charge~ and expenses, including a ressonable atto~ney's fee and costs of ~bstrocts o( title, incwred o~ p~id at t eny time by said MORTGAGfE, becavse w i~ tAe event of the failure on the part of IM s+id MORTGAGOR to duly, promplly and fu!ly perfam, diuharge, ~ execute, effed, tomplcte, comply with and ~bide by each and every the stipulations, agreeinents, conditions, and mvenann of said promissory note +~+d th7+ ~ mortpsge ~ny a either, and sa:d cosb. chargei and txpenxs, c+ch and avery, sFWll b~ i+~vnadi~tety due and payable: whe~her a not there bs notice de- mand, attempt ro colkct o~ tuit p~nding: and ths full arnounf of ea~h snd every s~ch payment shall bea~ intereaf from the date thereof until p~id at the ~ rate of nine per centum per annum; a~d all said costs, charges and expe~ses incurred w paid, together w~th such interest, shall be secu~ed by the Iien oi eha mwtpsy~. 6. TMt (a) in the event of any brcach of this Mortga~e or defautt on the paA of the MORTGAGOR, a(b) i~ the event any of said tums of naney herein referred to be no1 prompNy and fully paid within thirty (30) d+ys next aftn the same severally become due and pay~bk. without dtR+and w notice, or (c) in t!u event each and every the s~ipulatiau, agreements, conditions and covenaMS of sa:d promissory rate and th~s mwtga9e any o~ ei~her are nol iuly, promptly a~d (ully perfamed, d~xharged, executed, eifeded, compksed, complied with snd abided by, then i~ ei~lxr a any iuch eveM the aid +g~ gregate sum ment'aned in said promiuory note then rem~ining vnpaid, with iNerest accrued, ard atl moneys xcured hereby, sMll betome dus snd pay- able forthwith, or tI1ltNftN, at the option of said MORTGAGEE, as fully and completely as if all of the wid sums of money were wiginally at~pulated to be pa~d on such day, anything in said p~om~ssory note w in this Mortgage ~o the contrary notwithstsnding; ar+d thereupon or thereafte~ at the option of said MORTGAGEE, without notice w demand, auit at law or in equity, therefore w thereaftcr begun, may be prosecuted +s if all mor?eys secured heteby had mawred pnor to its institutioe. 7. That i~ the event that at the beginning of or st any time pending any wit upon this Albrtg~ge, o? to foredose it, w to reform it, or to enfwce payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jurisdrctan thereof fo? the sppointment of a Receiver, such Court shall forthwith appoint a receiver of said matgaged property all and singvlar, includ~ng all and sirgulsr the income, p~ofits, iuues'and revenucs irom whatever wurce derived, each and every of whKh, it lxiny expressly ur?de~stood, is hereby mortgaged as if spec~fically set fwth and described in the g~antirig and habendum cla~ses hereof, and such Receiver shall have all ~he broad and effective (vnct~ons and powers in anywise entrusted by a Court to a Receive?, and such appointment shall be made by such Court u an admined eqvity and a malttr of absolute righl fo iaid MORTGAGEE, snd without relerence to tt~e ~ adequacy w inadeqwcy of tF~e valve of the propaty mortgaged a to the w~vency or ~nsolveocy of said MORTGAGOR a tlx defendann, ~nd that such . rents, profits, incorne, iuues and revenues shall bt spplied by such Receiver accordirg to the tien or equity of said MORTGAGEE and the practiu of suth ~ Gourt. . 8. To dvly, prompdy snd fully perform, diuharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, condiYans and covenants in said promissory note and this mortgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other thsn the MORTGAGOR, the ; MORTGAGEE, its successors a~d sssigns, may, without notice~to the MORTGAOR, deal with such s~ccessw w successor in interest with reference to this 1 mortgage and the debt hereby secured in the same manner as with Nbrtgagor without in sny way vitiating or d~scharg~ng the Mw+gagors' li~bility here- under or upon the debt hereby secured. No aale of ~he Fremixs hereby mortgaged and no forbearance on the part of the MORT6AGEE a its successas or ass~gns and no extension of the time fa the payment ot the debt hereby secured given by the MORTGAGEE or its succeuors or assigns, shall operate ro release, discharge, modify change or affect the orginal liabiliry of the MORTGAGOR herein, either in whole or in part 10_ N is specificalty agreed that time is of tM essence of this contract and that oo waiver of sny obligation herev++der or of the obligaYan se- ~ cured F?ereby shaN at any time thereafter be held to be a waiver of the ferms hereof a of the instrument secured herby. 11_ In add~tio~ to the fwego:ng monthly payments of prin~ pal and interest requi~ed by the promissory note secu~ed hereby, mortgagor covenanfs and agrees to pay to mortgagee with each monthly payrnent an add~rional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the fol{ow- ing: A-All real property taxes levied or. assessed agai~st the above described real estate. , ~ B-Premiums on fire and windstorm insurance as herein ?equ~red to be carried on the improveme~ts sitvate on the above desuibed premises. F C-Premiums on such moAgaye guaranty insurar.ce as mortgagee shall from t~me to time deem fit to carry on the ba~ secured hereby. ~ Mwtgsgee shall fram time tb time natify mortgagor in writing of the arelount 'due and payable hereunder sod suth sum shaU thereupon be due and E payable on the due date of the neat monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such • ~ amount. Such sums sh.a:l be applied by mortgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance i premiums. ' IN WITNESS WMEREOF, the said MORTGAGOR has hereunto set his hand a~ seal the day and year first af i. { ~ _ Signed, Seakd and delivered in the prexnte of: ~ j ~ { sNn a~ STATE OF FLORIOA ~ St. Lucie couNn oF Rranco Rogoliao Before me personally appeared ~ Jqdl~~1 RO~OliAO ha wife, to me well known and known to me to be = . ~ the individuats described in end wFa executed the for ~nstr~ment, and acknowledged befwe me that they executed the same for tFx purposes j therein expressed. And tlx ~ ~~nita .itoy~23~no ! wife of ihe said `~'1 vpon a sepsate snd priv+t~ exam~natwn by me taken separate and apart irom her ssid husband, adcnowledged to and befwe me that she executed said instrument freely and volun- tar~ly and without any compulsion, constraint, apprehe~n~on, or feu of or from her said husband. ' WITNE55 my hand and official ~al this 3rd day A Zi A.,D. 19 73 L ~ , Notary PuWic in and for the te of F ida at lar~e ~ - - My Gommission expires- ~ R1~ POBUC. ~STAIE M Ft8B1DA at LARGE ; Rewm To: 1, M!Y CO.~Mlssl~ FJ(P1RfS ~OfC: ~9. 1975 ' Fint Federsl Savings 6 Loan Association . Of Fort p.er~e. 251414 Z'~ . o,c~6 inro CL~n?~f~1 `3LldMe jllllilryR~tQf. ~ Fort Pierce. Flwida l~ j' ~ 'Y - 1-- C ~ ' ` - - . o ? _ - - r ; This Instrument Prepared By J031si Id. COlliti8 F 1~EO AAtrflE~~ First Federal Savings & Loan Association ST LUCIE COUMN ~ . o f Fort Pierce RlOrids I10CEF?O~TA~S ~'`~,,,,~~~~'~'~.~ti~~ ' ~ CLERK C~~ COIt COURt RECOP~ Y~P'c~cp - . Checked By~_ ~ ~ e~,i3 ,s ~ ~ OR . ~~z~z y~:yr._ . :