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Home My WebLink About1826 • ~ To plac~ and continuously k~ep on t1w bui!~~nys now a Mrsaft~r ~ituate on iaid land and on ~11 equipm~~t ~nd p~~son+lly cov~.ed by this mat~ p~, with ~11 pnm~umi tlxreon pa~d i~ full, f~r~ in~ur~nc~ in tM u~val uaalud policy fam, in • ium approv~d by tM MORTGAGEE, and w3ndiiwm iniw~nc~ in tM ~swl ~~+nda.d po~~cy 1am, i~ + ivm ~p{uov~d by tM NORTGAGEE, in such company a cor~p+^~~s u ~M 1NORTGAGEE m+y di?~c~p ~nd all fir~ and windi~o~m inswai+a policies o~ +ny of ~aid build~np~, ~~y 1nt~rn~ tAerein w p~n thereof, in IM +pQre9at~ tum ala~~aid a in ~aceu 1h~reof, sMll contai~ tM uiwl ftu+dud mor~yapet cta~ie a such o~hN claus~ +t th~ Mat~~ge~ may rpud~. mati~p tM losf unde+ sa~d po~F cis~, each and ~vsrY, parab~~ to uid MORTGAGEE +s iti interr~t may ~ppea~, ~nd each and every ~uch policy shall b~ p~omptty ~u.qned and detivered to ~ny hsld by satd MORTGAGEE as turtha sec~~ity to ssid mor~g~9~ debt, and, not I~a ~Mn ten (10) days I~ advance oi the expi~+tton o1 e+ch policy, to d~- liv~r lo said MORiGAGEE a r~~ewal ~htr~of, tope~hK with a reteipt (w Ihe pr~mium of tvch re~ewal; snd then ~h+ll b~ no fire or winds~o~m inauranc~ plx~d on any of uid buildinps. ~ny intcr~st tF?Hein or psrt thuwf. vnleu in tl» form a~d wi~A tF~t lois paYabl~ as afa~saids u+d in tM event any ium of mon~y becomes paysble under such polity w policias said MORTGAGEE shall have the optan to receive and apply th~ same a? atcount of Ihe indebted~ ness setured he~eby or to permit said MORTGAGORS to reteive and us~ it o~ any part thereof iw othcr purposes, ~v~thout ths~eb~ waivi~ig or ~~npa~r- iny ~~y pv~ty, Ife~ w righ~ under or by virtue of lhis mo:tyage; ~~d io 1he event a~d MORTGAGORS shsll for any reason fai) to keep ~he ssid p~emisei so insured, w fail b detiver promptly any of said policies of iniurance to said MORTGAGEE, a fail promptly to pay fully ~ny p~em~um ~Aerefor w i~ a~y respact fail to pafam, discMrgs, eaecute, ~ffecl, complete, comply with and abids by thii coven~nt. a+nY part he~eof, said MORTGAGEE ~nay place and pay fa sucl~ i~surance w any part thereof witho~t w~ivtng o+ afiecti~g ~ny option. lier?, equity. w ripht undN a by virtve of Ihis Mwlyage, and the full amouM of each and every tuch payment sMll be immediately dw and paysale ~nd sMll bes~ interest from tM dats thereof ~~:til paid at ehe rate ol nins per centum per annum and togethei with suth interest shall be secvred by tM 1"rOn of this mortgsge. 1. To permil, tommit or sutfe? no waste, lmpairment or deteriwation of said property w any parl thereoi. 5. To pay all and singuta~ ths coste, cha~ges snd expcnses, ~ncluding a reasonable +nwneY"s fee and cost~ of abitrads of titte, inc~r~ed o. pa~d any time by said MORTGAGfE, because w in the event of the fa~ure on the parl of the said MORTGAGOR to dufy, p~ompi~y snd fully perfwm, d~uharge. execute, effect, complete, comp~y with and ab:de by each and every tF+e stipvlations, agreements, conditiona, and mvenants of said promiswry note and thii mortgage any a either, and satd costs. charges and expenses. esch and every, shall be irtunediately dve and psyable: whether or not there be notKe de~ mand, attempt to collect w suit pending; and the full amount of ~sch and every such psyment shall bea~ interes~ irom the date thereof until paid at ~he ~~te of nine pe~ centum per annum; and all said costs, charges and expenses inturred or paid, together with such interest, shall be set~red by the lien of thi~ ; morfgage. ~ 6. That (a) in the eve~f of any breach of this Mortgage w default on 1FK pa?t of the MORTGAGOR, w(b) in the eve~t any ot said sums of money herein refened to be not prompNy and fvlly paid wi?hin thirty (30) days nexl afrer the same uverally become due +nd payabte, withoul demand a notice, ~ or (c) in the evem each and every the stiputations, sgreements, conditions and covenants of sa~d promissory rwte and th~s mwtgage any or either are ~01 iuly, promptly and fully perfwmed, d~xharged, ezecured, effected, completed, complied wilh and abided by, then in either w any such event the w~d ag gregate sum mentioned in said promisswy note then remaining unpaid, with interesl accrued, and all moneys secured hereby, shall betoPe due and pay- ~ able fo~lhwitF., w thereafter, at the option of said MORiGAGEE, as fvlly and completety as ii all of the said wms of money were originally tt~pulated F to be paid on such day, anything in said promiuay note or in this Mortgage to tFx contrary notwithstanding; and ~hereupon a thereafter at the option of said MORTGACaEE, without r+otice or demand, suit at law or in equity, therefwe or thereafter begun, may be proxcuted as if all moneys secured he~eby had matured pnw to its institu~ion. 7, ihst in the event that at the beginning of w at any time pending any suit upon this Mortgsge, or to faetlose it, w to refo?m if, or to enforce ~ paynxnt of any daims hereunder, said MORTGAGEE shall apply to the Cour~ having ;urisd~ction thereof fa the appointment of a Receiver, such Cwn shall ! forthwith sppoint a receiver of said mortgaged property all end singular, includ~ng all and singul~r• the- income,- profits, issuss and revenues from whatever . j source de~ived, each and every of which, it being expressly understood, is hereby mortgaged s~ if sp4tifitally set fath and destribed in the granting and ~ habendum clauses hereof, and s~ch Receiver shall have all the boad and effective fund~ons and powcrs in anyw~se entrusted by a Cou~t to a Receiver, and such appointmens shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and wlthout reference to the t adequa~y w inadequacy of the value of the property mortgaged or to the wlvency w inwlventy of said N10RTGAGOR a the defendants, and that such ~ rems, profiK, income, iswes and revenues shall be applied by such Receiver accwding to the (ien or equity of said MORTGAGEE and the practice of such Courf. ` 6_ To duty, promptly and fully perform, d;scharge, execute, effect, complete, comply with and abide by esch and every the stipulations, sgreements, i ~ conditions and covenams in sald promissory note and this mortgage ut fath. t 9. That in the event the ownership of the mortgaged p?emises, or any part thereof, becomes vested in a person othe~ than the MORTGAGOR, the ~ h50RTGAGEE, its successws and assigns, may, without notice to the MORTGAOR, deal with such sutcessw w successor in interest with reference to thia ; mortgage and the debt hereby secured in the same manner as with Mo~tgagor withovt in any way vitiating or discharging the Mortgagors' liability herr i under w upon tht debt hereby secured. No sale of the premisea hereby mortgaged and no forbearance o~ the part oF the MORTGAGEE w its successors ! or assigns and no exlension of the time for the paymenl af the debt hereby secured given by the MORTGAGEE w its successors or auigns, ahall operate ( to release, d~xharge, modify change a affect the original liab~lity of the MORiGAGOR hcrein, eitF?er in wF~ole or in psrt. . 10. It is specifically agreed that time is of the essence of this contract and ths~ no waiver of any obligation hereunder a of the obl'gation st cured hereby shall at any time thereafter- be held to kx a;waiver of the terms hereoi or of the instrvment secured herby. I 1. In add~tio~ to the forego:ng month~y. payments of princ"pal and interest required by the promissory note secured hereby, mortgagor covenanfs 3 and agrees to pay to mortgagee w+th each monthly payment an add«ional sum estimated by mortgagee to be equal to 1 j 12 of the annua) cost of the follow- ~ in9: A-All real property taxes levied w assessed agaiost the above ~A~sc~~bed real estate. ~ B-Premiums on fire artd windstorm insurance as here~n requ;red to be carried on the improveme~ts situate on the above described premises_ ' C-Premi~ms on such mortgage guaranty insurar.ce as mo•tgagee shaSl from t~me to time deem fit to carry on the loan secured hereby. ( Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable he?eunde~ and such sum shall thereupon be due and f payable on the due date of the next month:y payment and each successive momh thereafter urtil mortgagee shall notify mortgagor of a change in such ~ ! amount. $uch sums shall be applied by mortgagee toward the payment of real property taxes, insurance {xem~ums, and mortgage guaranty insurance ? k premiums. i i ~ ~ IN Y~ITNESS WHEREOF, the ~id MORTGAGOR has hereunto set his hand and seal fhe day and year fint etoresaid. ~ a an delive presence of: ~ i~`f~/? ~ / z-sviGv { ' ~ aq E n ~ _ S~aQ i 57ATE OF fLORIDA • ~ St. Lucie ~ ~ ~ COUNTY OF ' Before me personally appeared w~11iA~ ~.OBln~tO and Angela M. LOBYLlttO his wife, to me well known and known to mrto be the individuals desuibed in and who executed the foregoing instrument, and acknowledged before me that they executed the same fw tiM pur~ose~ rh~rein ex essed_ And the said Maela M. Z,OBl'sltt0 P~ ~i~.'•.~ - w~fe of the said Wili~~ ~.OBSl~ttO up~~~1~separs~ aqd pc+~, tt examination by me taken separate and apart from her ssid husband, stknowledged to and befwe me that she execvted said-insfrji~llnj,f~l~'end v~k~' . rarify and without any compulsan, constraint, appreF n.s~/ion, or fear of or from her said husbaod. WITNESS my hand and officisl seal this ~ I,~ dsy of ~ April j9 ~3 ~ ; ~ - n. . Nota Pubtic in and f f Stat ~ FlQqds~t Larye../ ~ ' My Commission eapires: . ~ i~~ t~~.'1 Return To: ' ~ • ~ • ~ ~ ~ First Federal Savings 6 loan Association Of iort P~erce. ' ~ •r.... fort Pierce. Florida ~0 ~ML' AE This Instrument Prepared By J• H. Robel'ts~ Jr. P~ First Federal Savings 8 Loan Association ~LERK C.~CUIT CONRt . of Fort Pierce s Floiida QECOP.D vF~3FIfG~ Checked By ~ . lUur I II ~w ~N'T3 t : ~ BooK 213 1823 zs~oo f ~ - - - - ~ - r~ _ _ - _