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Home My WebLink About1134 . . • To plsc~ and cominuously ke~p on tM bui!dinyi now a he~ea(tK i~tuat~ on i~~d land ~od on all equipmsn~ and p~rsonally covNed by this mat~- ~9~. wiih ~11 premiuna ihereon pa~d i~ full, (~re in~uranc~ in th~ usuat iurxlard policy lorm, in a sum ~pp~oved by tM MORIGAGEE. a~d windstwm insw~nc~ in tM ~~ual i~~ndard pol~cy tam, i~ a sum ~pprovad by ~M MORTGAGEE, in wch comp~ny w compani~s as tM MORTGAGEE m~y d~rec~t and all (ir~ and w~ndsto~m insurance polic~ on ~ny of said buildinpi. ~ny IntK~~t tFwr~in w part Ihe~wf, In tM ~pgrc9+~~ sum afa~a~d w in eaceu thereot, aMll contain tM wwl itandard matpa~ cl+~se a such other d~us~ ai tM Matp~e~ may ~equu~, meAinp tM b~~ unda ~a~d polb ciss, ~ach and ~vay, payabl~ to said MORTGAGEE as intere~l may +ppsar, and each ~nd ~ve~y iuch policy ~hall b~ promptly ~~s:9ned a~d delivered ~o ~ny heW by uid MORTGAGEE as iur~he~ security to said mwtp~ debt, a~d, not leu ~Mn ~en (10) dap in adva~c~ of ~M expi~+tion of ssch policy, ~o dr liwr to said MORTGAGEE a rtnswal thereof, IopNF~ wilh a receipt fw tM p?~mium of ~uch rtnew+l; ~nd there thall b~ no fir~ a winditorm insura~ct plac~d on u~y of sald buildi~gi, ~ny i~terest tl+aein w pul tF~eof, ~nless in tFw form ~~d with 1M loss payabl~ +s afaesaid; ~nd in ~M ev~nf any sum of mw?~y becanes payable under such policy o~ policies wid MORTGAGEE ~half haw ~he option to receive u~d apply tha sanme o~ ucovnt of ~he indebted- neu tetured I~sreby w b pe~mil said MORTGAGORS to receive and us~ it a any parl thereol fa other pu~poses, v.ithout eh~r~b/ waivi,y o~ ~~~pair- ing any equ~ty, lien or riyht unde? w by viriw of this mort~aye; ~nd in tM ~vem ~a~d MORTGAGORS shall fw ~ny reason fail to keep the said premiies ao insured, a fall 1o detive~ promplly sny of said policies of insurance to said MORTGAGEE, w fail promptly to pay futly any premium therefo~ or in a~y ' respect fail to perfwm, discharge, execu~e, effed, complets, comply wirh and abids by this covawnt, a ~ny part hsreof, sa~d MORTGAGEE may place ~nd ! pay fw tuch intu~ance or any psrt thereof without waivinp w affectinp any option. li~n, equity. o~ ~ight unda or by virtw of this Mortgape. ~nd the ~ full amount of each u~d every such payment shall be immcdiatsly dw and psyabl~ snd shall bear interesl from the dats thereof until paid et the rate o1 nine pe~ csntum pe~ annum and together with suth intereat shall be secured by tM IiM of this mwtp~ge. 1. To permit, commit w suffer no wasfe, impairmero w deteraration of said property ot any paN thereof, S. To pay •11 and tinpular the costs, charges and e:penses, including s cessonable attorney's fee and costs of abstracts of title, incurred w paid st any time by said MORTGAGEE, because a in the event of ~he iailure on Ihe pa?t of ~he ssid MORTGAGOR to duly, promptly snd fully psr(orm, diuharge, execute, ef(ect, comptete, comply with and ab~de by each ar~d every the stipulations, agrcamenb, conditioru, and covenants of iaid promissory note and thii mwtgape any w eirhe?, ~nd said costs, charges ~nd expenses, each and every, shall be irrwnediately dus and psyable; whether a not there be notice dr mand, attempt to cotktt w suit ptnd~ng; and the fvll amount of each and every s~th paymeM thall bea. interest from Ihe date thtreof until p~id +t the rate of ~ine pe~ centum per an~~um; and alt said tosts, charges and expenses incurred or paid, together with such interest, shall be secured by the lien of this ~ i mortgs~e. i 6. That (e) in the event of sny breach of this Mortgage or defa~lt on the part of the MORTGAGOR, w(b) in the event ~~y of said sums of money ~ herein refened to be not promptly arxl fully paid within thhty (30) days nex~ after ~he same severally become due and payable, without demand or notice, ~ or (c) in the event each and every Ihe stip~lations, agreements, conditions and coven~nts of sald promiswry note and this mwtgage any a either aie not ; iuly, promptly and fully performed, d~xharged, exec~ted, effected, completed, complicd with and abided by, then in either or any such event the said ag { gregate wm meMioned in said promiuo~y nore then remaining unpaid, with interest accrued, and all moneys secu~ed hereby, shall become dus and pay- able forthwith, or thereafter, at the opt~on of said MORTGAGEE, as fully and completety as i( all of the said sums of money were originalty itiputated ro be pa~d on svch day, anything in said promissory note or in this Mortgage to the co~trsry notwi~h~tanding; and thereupon or thereafter at ~he option of said MORTGAGEE, without nofice or demand, suit at law w in equity, therefore or thereafter begun, may be proxtuted as if all mot~eys secured hercby had maWred ~~w to its institution. ~ 7. That in the event that at the beginnirg of or at any time pending any suit upon this Mortgage, w to foreclose it, w to refwm it, o? to enforce paymcnt of any tlaims he*eu~der, said MORTGAGEE shafl apply to the Cou?t having jurisdlction thereol fot the appointment of ~ Reteive~, suth Court shall ~ forfhwith appoint s receiver of said mortgaged property all and singular, intluding all and singular the income, profits, iuues and revenue~ from whateve~ sovrce de?ived, each and every of wh~ch, it being expressly undcrs~ood, is hereby m«tgaged as if spec;fically xt fwth and described in the granting and j habendum clauses hereof, and such Receiver shall have all the Ixoad and effective funct~ons and powers in anywise entrusted by a Court to a Receiver, and s~ch appointment shall be made by such Court as ao edmitted equity and a matter of absolute right to said MORiGAGEE, snd without_ refererxe to the ' adequacy a inadequacy of the value of the properry mortgaged or to the aolvency or insolvency of said MORTGAGOR or the defendants, and that such r ren+s, profits, income, issues and revenues shall be applied by such Receiver according to the lien or equity of wid MORTGAGEE and the pradice of such Courl. 8. To duly, promptly and fully perfwm, dixharge, execute, effect, complete, comply with and abide by each and every fhe stipulations, sgreements, conditions and covenaNS in sa~d promissory note and this mo~tgage se~ fwth_ ' 9. That in the event the ownership of the mortgaged premises, w any part the~eof, becomes vested in a person other than fhe MORTGAGOR, the ~ MORTGAGEE, its succeuws and ass~gns, may, wi~hout nofice to the MORTGAOR, deat with such successor o~ successor in interest with ~eference to this ~ mo.tgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating w diuharging the Mortgagors' liability herr under w upon the debt hereby secured. No sale of the premius hereby mo~tgaged and no forbearance on the paA of the MORTGAGEE or itt successors ~ or assigns and no extens7on of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w assigns, shall operate to releau, dischar9e, rtwdify change w affect the wiginal liability of ~he MORiGAGOR herein, either in whole or in part. _ 10. It is specifically agreed that time is of the esx~ce of this contract and that no waiver of any obligation hereunder w of fhe obligaYan se- cured hereby shall at any time thereafter be held to be a waiver ot the terms he~eof or of the instr~ment tetured herby. 11. In add~tion to the forego:ng monthty payments of princ'pal and interest reqvired by the promissory ~ore secured hereby, mortgagor covenants and agrees to pay to mortgagee with each momhly payrnent an add~rional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- + ing: t A-All real property taxes levied or assessed agai~st Ihe above descri5ed real estate. ! B-Premiwnz on fire and windsto:m insurance as herei~ requ~red to be wrried on the improvements situate on the above described premises. . C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. ~ Nbrt a ee shall from time to time notif mort a or in writin of the amount due and a able Fxreunder and such sum shall thereu n be due and ; 99 Y 99 9 PY Po ~ j ~ayable on the. due date of ~he next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a change in such amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem:ums, and mortgage guaranty insurance premiumt. j IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and first sfor id ~ ' ned, Sealed and livtred in t presence of: ~o _..L ~ ~ ~ ~ 1 ' (t-a4 o ~ ~ Bdf~aYd P~ @!ls a0 ` ~ sn € _ Be'V@lZj/ OIiIPAS a4 STATE OF FLORIDA ~ St. Lucie ~ - couNn oF ~ Befwe me penonslly appeared . ~*~d p~ ~~s end ~ _ Beverly A• ~Ol~f his wife, to me well known and known to me to be ~ rhe individual~ described in snd who executed the fwegoing instrument, and acknowledged before me that they executed the same for the purposes ~ rhe~ein expressed. And tlx said Beverly A. 011'~'1!s t w~fe of the aaid B~~d p• Of~@ns '}~p~rrs~paratd~phd private ~ examination by me taken separate and apart from her ssid husband, scknowledged to end before me that she exetuted said :iqstrurwint.•i~eEi~"+r'~, .volun- rar~ly and without any compulsion, constraint, apprehens' a fear of or from her said husband. ' 1"l~r r',' ~ / ~~~i_ ' 'J.. e c- s WITNE55 my hand and official seal this day of ' A.'_D. f9~ s. - ~ ~ J . ~ ~ V ~ ~ ' Notary Public in and fw t~tate ida. ~t ; ~ " My Commiuion e:pires. ? ~ y ' . Return To: • • • • ' ~ ~ Fint Federal Savi ~gs 3 loan Association ~ ••q i ~ ` ~ Of fo~t P~erce. ~ A~MMi~~NSiViTE'of iLORIDA~t LARQE Fort Pierce, Florida ~a ~ ~ef~ IR~~ ~~i~ ~ - - 252804 This Instrument Prepared By J. H. Roberta, Jr• First Federal Savings 8 Loan Association I1Li~ A~1t~ NECpRpLp of Fort Pierce ~ Florida iT.lUC1E 40U TY fLA. ROG~~ rfl~~A~E ~ Cl~filc C~ ~CU~T COURT ~ Checked By . , ~tt`AR~ VfF~F1EJ~.,..r.. BooK2~3 PACE1 ~It 2~1 II 54 ~'1'~3 133 ~g - .Y "::y _ , . _ _ " _ _ . . . - - ~ . , 'x.~. e- ..M.`, - -'',•t~_=::_: ` " _N~~