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HomeMy WebLinkAbout2339 To pix~ a~d conrinuovsly kesp a? th~ bui!d~ngs now a hereaftN situst~ on said land a~d on all eq~ipnen~ ~nd p~rsonally cove~cd by thii mort~ pe. w~th all prem~wns 1ha~eon pa~d ~n full, fire insur~nce i~ ~M uiual standsrd policy fwm, Fn • sun+ app~ortd by t!w MORiGAGEE, and w~nds~am inwranct in tM u~wl i+andard pol~q folm, in ~ ium spp~oved by the lNORTGAGEE, in such compa~y or compa~~a a~ ~h~ MORiGAGEE may d'v~ctj ~nd ~II tin and w;nds~orm i~?suronu policies on any of said build~nps, a~y iro~re~~ ~I+Nein w p~~f thersof, in the ~yyreyar~ avm alaossid a ~n ~aceu ths~eof, shaN conain tF» v~usl s~anda+d mwrpage~ claus~ a ii,ch o~Mr clsus~ ~s ~M Nb?t9ap~e may requ~r~. ma?inp ~M lou unde. sa~d poli~ ci~s, each ~nd ~vKy, payabk ~o iaid MORTGAGEE as iti internt may appeu, and eath and ~ve.y ~uch poficy shall bt p~ompNy ~u.yned ~r+d del~vered ~o ~ny held by said MOR~GAGEE ai funher iecurity to said mortgags debt, and, not leu tMn ?en (10) days In advance of ti+~ expir~t~on of eac6 polrcy, to da livt~ to said MORTGAGEE • renewal thereof, to~e~her with • rece~Nt fa the premium of iuth ~eoewal; and ~here sh~ll be no fire o? wind?to~m irvurance plxed on ~ny of said bvildi~+gs, ~ny interest therei~ or part tF~ereof, unla~s in the form and with tM loss payable as etwesaid; u+d in the event any sum oi nwney becorrks pay~bls unda suth polity or policiss uid MORiGAGEE shall have tM opt~oe~ to ~ete+ve and ipply the s+ms on accoun~ of the i~debted- ness t~tured h~reby ot fo permit said MORTGAGORS to ~Keiw and us~ it a any pa~l thereof fo~ other purposes, wi~hout ths~eo~ waivi~~g o~ ~mpair- ing +ny equ~ty, lien or rigM ~nde~ w by virtus of this mo: t~age; ar~d i~ the event sa7d lNORiGAGORS ~hall (w any rcaso~ fail to keep the said p?emises so Enivred, or iail lo deliver promptly any of said policies of insurance to said MORTGAGEE, w fail promptly to pay fully any premium ~he~efor or in.any respect fail to perfoem, d~xharge, execute, effect, complete, comply with and abide by thii tovenant, o~ any pa~f he~sof, said MORTGAGEE may place and pay fw such insurante w sny part thereof without wsivinp w affectirg any oplipy lien, equity, or right unde~ or by virtue of this Mwlgage, and the full amount of each and ewry such payment shall be immed;ately dw and payable ~nd shall bear interest from 1M date thcreof ~ntil paid a~ the rare of nine per centum pe~ annum and together with sexh inte~est shall be secured by the lien of this mortgage. 1. To pe~mi~, commit w suffa no waste, impairment w deterioration of said property or any psA thereof. 5. To psy all and sinyulu the coits, chsrges a~d expenses, including s rcasonable ~ttorney's fee ar~d costs of abstracts of tiHe, incvrred o~ paid a~ any time by uid MORTGAGEf, betause or in the event of the failu~e on the pa~t of the said MORTGAGOR to duty, promptly ~nd fully perform, d~uharqe, execute, effect, complete, comply with a+xJ ab:de by each a~?d every the stipulatiorts, agreements, tonditions, ~nd covenants of said promissory note and this mwtgage any w ei~he~, sr~d said cosq, charges and expenses, each and evcry, sh~ll be immediately due and payable; whether a not there be notice de mand, attempt to coltect or suit pending; and the futl amount of each and every such payment shal! bea. interost from the date thereof u~til paid at the rare oE nine per centum per arn~um; and all said costs, charges i~d expenxs incur~ed or paid, together with tuch interest, shall be secured by the lien of thw mwtgage. Q That (a) in the awnt pf any breach of this N{wtgaga w default o~ the Ran of the MORiGAGOR, a(b) in the event sny of seid sums of money herein referred to be not promptly and fupy paid wi~hin thirty (30) days next after the same seve~ally bccwne due and payable, without demnnd or r?otice, or (rJ in the eveM each and every the stipvlations, agreemems, co~ditans and coven~nts of sa~d promissay note and th~s mortgage any w either are not ~uly, prompNy and fully pe~formed, d~xharged, executed, effected, completed, complied with and abided by, then in either a ~ny such event Ihe said ag gregate surn memioned in said promiuory note then remaining unpaid, with interost accrued, and all mo~ey secured hereby, shall become dw and pay- able forthwith, a thereafter, at the option of said MORTGAGEE, as fuily and completely es ii all of the said wms of money were originslly itiputated to be paid on such day, anythirg in sa~d prom~ssory note w in this Mortgage fo the contrary notwithstanding; and thereupon or thereafter at the op?io~ of said MORTGAGEE, without ~etice o? demand, wit at law or in equity, therefwe or thereafie~ begun, may be proxcuted aa if all moneys secured f~ereby had marured ~ew to its enslirution. That in the eve~t that at the beginning of w at any time pending any s~it upon this Ntortgsge, o~ to fweclose it, or to refwm it, or fo enforce payment of any claims he~eunder, said MORTGAGEE shall apply to the Court having jurisd~uion ~hereoi for fhe appointment of a Rece~ver, wch Court shall forrhwith appo~~t a receive~ of said mortgaged pioperty all and singular, includ~ng all and singular the income, p~ofits, iuues and revenues from whatever sov~ce de~ived, each and every of wh~ch, it being expressly understood, is Ixreby mor~gagrd as.if specifically sct fwth and desuibed in tlx graming and habendum dauses hereof, and such Receiver shatt have atl the lxoad and effective func?wn; and powers in anywise entrvsttd by a Court ro a Receiver, and such appointment shall be made by such Court as an admitted equity and a matter of abwlute right to ssid MORTGAGEE, and without refererxe to the adequacy w inadeqvaq of the value of the property mortgaged or to the soivency or insolvency of said MORTGAGOQ w the defendams, and ?hat such renfs, profits, income, iuues and revmues shaU be applied by such Receiver accord~ng to the tien or equity of said MORTGAGEE and Ihe practice of such Court. 8. To duly, promptly and fuily pe?form, discharge, execute, effect, complete, comply with and abide by each and every the stipulatio~s, a9reeme~ts, conditans and covenants 7n u~d promisswy nore and thfs mo~tgage ser fath. - 9. 7hat in the event the ownersb;p of the mortgaged premises, or any part thereof, becomes vested in a person othe~ than the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, without no!ice to the MORTGAOR, deal with such successw or successor in interest with reference to this mortgage and the debt hereby secured in the same manner es with Nlortgagor without in any way vitiating pr dixharging fhe Mortgagors' liabilify hero- under pr upon the debt hereby .secured_ No sale of the premises hereby mortgaged and ~o forbearante on the part of the MORTGAGEE or its successors or assigns and no eate~sion of the time fw the payment of the debt hereby secured give~ by 1tx MORiGAGEE or its s~cccssors w auigns, s.'wll operate to release, discharge, nwdify chaqge or affect the original fiability of the MORTGAGOR Fxrein, either in whole or in part. 10. It is spec~fically agreed that time is oi the essence of this cont~ad and thst no waiver of any obligation hereunder w of the oblgation st cured hereby shall at any time thereaf~er be held to be s waiver of the terms hereof o~ of the instrument secv~ed i~erby. I 1. In additio~ to the faego:ng monthly paym~nts of prin~ pal and interest required by the promissory nore secured hereby, mortgagor. covenants and agrees to pay to mortgagee v,ith each monthly payme~t an add~iional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All reaf property taxes levied or assessed igainst the above described real estate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to b~ carried on the improvements situate on the sbove destribed premises. C-Vremiums on such mortgage guaraNy insurance as mortgagee shall from time to time deem fit to tarry on ihe ban secured hereby. Mo?tgagee shall from t~me to time notify mortgagor in writing of the amount due and payaWe hereunder and such wm shall thereupon be due and Fayable on the due date of the next monthfy payment and each successive month thereafter ur,tit rtiortgagee shall notify mortgagor of a thange in such amount. $uch sums shatl be applied by mwtgagee toward the payment of real property taxes, insurante prem:ums, and mortgage guaranty insurance premiums. IN IiNESS WHEREOf, the said MORTGAGOR has hereunto sef his hand and seal the day a~d r i~st afwe ' ned, Sealed an red in prexnce of: ? an . - , s~.~ _ S ~ ° ' L ~~Seaq ~ . - ,~n k ~ j STATE OF FLORIDA ~ i couMn oF St. Lucie ~ ~ j 8efore n~e personally appeared ROb92'~ ~ Bl1tt.A!'iTA -h and ; l~l Ts~a $nt,{s~ f+ his wife, to me well known and krawn to me fo be the individvals desv~bed in and who exec~ted tl?e fwegoing instrument, and atknowtedged before me that they executed the same fw tAe purposes ! ' therein expresxd. Md the said ~8 TB8 H1ltitr9T1?OZ°tZl i ; N~fe of the said _ R+0~6T'fi A• ~Rtrtr611ibI'tr~l vpon e separ~te ~nd ~riret~ i eaam7nat~on by me taken separate and apart from her said husband, adcnowledged to and befwe me that she executed wid insirument,[~e$lK~fnd a~lw~- _ S ! rarily and without any compulsion, constraint, apprehension,~I fear of or from her said husba ~ 30 ~ - ,~s WITNESS my hand and official seal thi: day of fl ~q~ ~ ~ _ .i _ ~ Notary ubl'~c ad fw the State of ~1wi~s at, Lar ~'1 Retum To: MY ~~ssio~ expires: ' " ' ~ ' . - ~ . Firat Feden) Savings 3 Loan Association Notary F:.~tt. 5tata~tofi~ ~gi{aA tt tit~ ' ! Of Fort P~erce. ~ ~ ~ ~ ~19~~ ' M Coc:!~!::s~_.^- c~-~: ~ : i : 253633 r ` ii Forf Pierce. Florida /wd~d ~y Aas,i;~s Fa~ 8` s`..,: ~ „1 y~ ~ y. ~ . This Instrument Pre red B D. F. qple f~~E~ ~MC ~E~~RQ~p C ' Pa y Pgsl'aT, WC?E GOtlNTr F i First Federal Savings b Loan Association ROGER P4tTfi~i ' of Fort Pierce ~ F1oZ'fda REC R4 ~~R~F E~ COU~T l i Checked By 4 3o PN ~ . ~ BooK 213 PaCE 2 i i - - _ ~ _ - - - - - - - -