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Home My WebLink About0207 3. To plu~ a~d continvovsly kHp on tM buildirqi now a Mre+fter ~itwq o~ said land and a+ +11 equipmsnt ~nd pe~ta+ally cov~red by this mat9- p~ with ~II premiums thereon pa~d ie+ full, (ire insurance in 1M utual iundsrd policy fam, in • tum app~oved by tM MOR(GAGEE, and windstwm iniwanc~ tn tM ~iwl standard pol~cy iam, i~ • tum ~pproved by tM MORTGAGEE, in such comp+ny w comp+niy u ~M MORTGAGEE may : dinc~t and all fk~ and wi~d~rorm insuranc~ policies on ~~y of ~aid b~ild~nps, any imsrest ~herein a part tF?e~eof, in IM apq~eg+t~ swn ~foresaid or . le ~xctu thereof, tAall contain ths uiual s~endard mortya9ee tlause a such othtr claus~ as tM Morty~ges may requ~n, makinp the loai unda ~a~d Pdi- i cies, esch ~nd ev~ry, payable ro isid MORTGAGEE as ~ti iniereit may sppear, ~nd each and eve.y i~+ch po~icy shall be promptly ais.q~ed and detivered to ~ ~~y Mld by said MORiGAGEE as furtha tecurity to said mortpage debt, and, not less tMn ten (10) days in advance of tM expir~Gon of each pol~cy, to dr liwt ro said MORTGAGEE a nnewal thereof, toget!?N with a reteipt iw the prtmium of s~th renewalj and the~e'ahatl b~ no f'ae w windstam in:~rance placed on any of said buildirgs. ~ny intereil thetein or parl thereof, unless i~ tha torm and with the loss pay~ble as atoresaidj ~nd in tM event ~ny t~m of maay becomss payable under ~uch poliq w policies said MORTGAGEE shall Mve tM op~~on to receive and spply the same on acco~nt of the i~xiebted- oeu ~ecured htreby w to pe?mit ssid MORTGAGORS lo reteiva aod use it w any part thereof ior other purposes, ~vi~hout thsreb~ waiving o~ ~~»pa~r- inp any eqvity, li~n w righl under o~ by vlrtw of this mortg~e; and in the event said MORTGAGORS ihall for s~y reason fail to keep the said premiies so { inwred, o~ ~~il to deliver promptly ~ny of said polities of insur~nce to said MORTGAGEE, or fail promptly to pay fully ~ny premium therefw or in any ( respect fail ro pertwm, discha~ge, execute. etfect, complete. comp~y wi~h u~d abide by this covenant, or ~ny part hereof, uid MORTGAGEE may plsce end ~ paY fa suth ln~urancs or any part thereof without waiving a~ffacti~p ~ny optioo. (ien, equity, ot righl unde~ w by virtw of this Mwtgage. ~nd the full amo~nt of each and everyr such payment shall be immediately dus and payable and shall bear interest f~om ths date thcreof until paid st the rafe ot = nins per tentum per annum and together with suth interest shsl( be secured by the lien of this mwtgsge. 1. To pemuf, commit or suffer no waste, impsirment w deterioration of iaid property w any paN the~eof. S. To pay all and singul~ the costs, charges and expense~, includiny a reasonable attorney i fee and costs of abstracts of titie, incurred w paid at any time by said MORTGAGEE, becauu or in the event of the failure on the parf of the said MORTGAGOR to duly, promptly and fully pe~form, d~xharge, ~ exec~te, eifed, complete, comply with a~d ab~de by each ~nd every the stipulations, sgreements, conditions, and covenants of said promissory note and ~hi~ 1 mortg~pe any or eiNxr, and said costs, charges and expenses, each a~d evcry, shall be immediately due ~nd payable; whethe? or not there be notice do- j mand,.~ttempt to mtlett or suit pending; and the full amourit of each and every suth paymeM shall bea~ interest from the date thereof until psid at the ( rate of nine per centum per aniium; arw all said costs, charges and expenses inturred or paid, together with such i~terest, ihall be setu~ed by the lien of thii ~ mort~sy~. R 6. That (a) in the eve~t of any bresch of this Mortgsge a default on the psrt of the MORTGAGOR, a(b) in the eve~t any of sa~d svms of money i herein referred to be no1 promptly and fully paid within hirty (30) days next after the same severally becnme due and payable, without de~and w notite. or ie~ the event each and every the stipulations, agreements, conditions and covenants of sa~d promiuory note and this mort9age any a eithei are nof ~uly, prompdy and fully perfwmed, discharged, executed, effected, completed, complied with and abided by, tF?en in either or any :uch event ths iaid ag- gregate wm mcnYaned in said promissory note then remaining u~paid, with iM~res1 accrued, and all moneys setured he~eby, shall betome due and pay- able fathwith, or thereafrer, at the option ot said MORTGAGEE, as fully and completely as if all of the said sums of money were originally stipulated to be paid on s~ch day, anything in said promissory note or in this Mortgsge to the contrary notwithstanding; and thereupon or thereafter at the op~ion-of said MORTGAGEE, without norice or demand, suit at law or in equity, therefbre a thereafrer begun, may be prosetuted as if sll moneys setured Ixreby ~ had matured priw to its institution. 7. That in the event that at the beginning of or at any time pending any suit upon this MWfgage, d to fweclox it, w to reform it, or to enfwcs paymeM of any claims hereunder, seid MORTGAGEE shall apply to the Court havi~g 'ryrisdKtionAheieof for the appo~ntment of a Receiver, such Court shall Forthwith appoim a receiver of said mortgaged property all and aingular, inctudug a11' and singutar the income, profits, issues and revenves from whatever wurce derived, each snd every of whKA, it be~ng expressly underseood, is hereby mor~g A~ged as:~ ~pecifica0y xt futh aod destribed in the granting and ~ habendum clauses hereof, and such Receiver shall have all the broad and effe~tive funcubns and power! in anyvrise entrusted by a Court to a Receiver, and } such appointment shall br made by such Court as an admitted equ~ty and a matter of ~ absoluie right to said MORTGAGEE, and without refererxe to the ~ adequacy w inadequacy of the wlve of the property mwtgaged or to the wivency w~nsolvency oi said MORTGAGOR or the defendann, and that such ~ rents, profits, incornt, issues and revenues shall be apptied by such Reteiver according to the lien or eqvity of said MORTGAGEE and the practite of suth ~ CouA. . ~ ~ - 8. To duly, promptly and fully perform, discharge, execute, effett, complete, comply yvith and abide by each and every the stipulations, sgreements, condiians snd covenants in said promissory note and this mortgage set for~h. 9. That in the event the ownership of the mortgaged premises, w any par7 thereof, betomcs vested in a person other tha~ the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, without notice to the MORTGAOR, deat with such successw w tuccessor in interest with reference to this ~ mortgsge and the debt hereby secured i~ the ssme manner as with Mortgaga without in any way vitiating w dixharging the Mortgagon' liability here- under w upon the debt hereby secured. No ule of the premises hereby mort9aged and no forbearance on the part of the MORTGAGEE or its successon or aug~s arxl no extensioA of the time for the paymeM of the debt hereby secured given by the MORTGAGEE or its successws or auigns, ahall operate !o release, dixharge, modify change or affett the wginal liability of the MORTGAGOR herein, eitixr in whole or in part. ' 10. It is specifically agreed that time is of the esxnce of this contract and that no waiver of any obligation hereunder or of the obligaYan se- cured heteby shall at any time thereafter be held to be a waiver of the terms herrof w of the instrumtnt secured herby. 1 t. In add~tio~ to the fwego:ng monthly payments of princ'pal and interest required by ihe promissory note secured hereby, morfgagor covenants and agrees to pay to mo:tgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- A-All real property taxes levied, w auessed against the above described real estate_ i~: ~ B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvemeats situate on the above described premises_ ~ G-Premiums on such mortgage guaranty insurar,ce as mortgsgee shall from time to time deem fit to carry on the loa~ secured hereby. ' Mortgagee shall from time to time notiiy mortgagor in writing of the amount due and payable hereunde? and such sum shalt thereupon be due ar.d ( Fayable on the due oate of the next monthly payrtient and each sixcessive month thereafter ur.til mortgagee shall notify mortgagor of a change in such I amount_ Such sums sF.all be applied by mortgagee toward the payment of real property tazes, insurante prem.ums, and mottgage guaranty insurarxe ` premiums. , ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereumo set his hand and seal the day and year first aforesaid. ~ Signed Sealed a delivered in the esence of: s~ - aq . , - . . n S • 4 STATE OF FLORIOA 1 ; COUNTY OF ~ • ~C~ ~ ~ Befwe me perwnally appeared ~111 J. I~'~SCOZZ snd Alieia B• ~.SCO~ his wife, to me well known and known to me to be the individuals dew~bed in and who executed the foregoing instr~ment, and acknowledged before me that they executed the same for the purposes therein expressed. Md the sai' AZ~C~B B• DI'~sC011 wile of the said J• ~'f.$CO~. upon a separate and priv~ts ` azaminaYwn by me taken separate and apart irom her said husband, acknowledged to and before me that she eaet~ted saEd imtrument freely and volun- ' tarily and without any compulsan, constraint, apprehension,~C fear of w from her said husband. ~ W17NES5 my hand and officiat seal this day of A. D. 19 T3 Notary lic in and for the tate of F{orida at Large i My miuan expires: ~ _ //r73' ~ ~~7 Retum To: y Fint Federal Savings 3 loan Association ~ i ~ : ~ ~ ~ ~'t Y . Of Fort P~erce. ~ • fort Pierce, Florida , r 4~ • ' - . _ fIIED ~MB RECOROED ` ~ • : ~ ; " : ~ iT. lUC1E LOURTY FIA. ~ " ~ ROCf R POItRAS ~ ~ ~ • ~s • CLERK C~ ;~UIT COURT This Insirument Prepared By ~1l1. E• Br8riY1 ~ ~ - ~ ' ' • - ? RECARO YEF ~ FtED First Federal Sav~~gs & Loan Association : ;p~ }r ~ `u ~ • of Fort Pierce ~ F101'1d8 ;~`~r~.;.?,.;..`;'• NAY 9 2~ Hli'73 Checked By . . r' ~ - 254293 , ~ sooA,c~~ r~ 20'~ ~ ~ ~gr . 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