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Home My WebLink About0484 To plac~ ~nd confir?vou~ly kesp on tM bu~•d~ng~ now w Mreaft~? ~twa on iatd I~nd a~d on dl equipmem and perta+ally cov~red by thit mwt~ p~. with all premiumi ihercon pa~d in full, fire insurance in ~h~ usual standsrd policy fam, in a ium approv~d by tM MOR~GAGEE, a~+J windsram tnw~ae~u in ~M uwal ttandard polKy iam, in • sum •pproved by ~M MORTGAGEE, in s~+ch company o? compan~~s ~s tM. MORTGAGEE may dinctt ~nd all fir~ uxJ w~nd~torm ~~wra~ci poliuei on any of s+id build~nps, ~ny intereat therei~ w part thereol, i~ tFN s~qre9~t~ sum aforesaid ot In uccsu Ihsnof. tMlt contain tF?~ usual st~ndard ma~ga~~s c!aus~ a iuch o~hK clau~ as tM Ma?yage~ m~y requ~r~. makinp th~ loss under sa~d poli- cies, each u~d ~ve.y, payable ~o uid MORTGAGEE as iti interest may ~ppe+r, ard e+ch a~d ~ve~y ~~ch poticy ihall be prompfly +u.pned u+d de~~vered ~o any hsld by said MORiGAGEE as turthe~ security to sa~d matgage debt, +nd, not les~ IMn ten (10) days in advance oi the expiration ot each policy, to de- IivN fo ~aid MORTGAGEE • rtnewal thereof, toyttMr with a receipl fa tM p~tmiuro of suth renewal; and the~~ sMll be ~o fire w windito~m ini~rance plaud p? ~~y of said bvildirgs, a~y ime~ett ther~in or p+rt the~eo:, unless in ths form ~nd with tM loss p+yable as aforesaidj and in tM event any sum of money becanq payable unde~ such policy w policies s~id MORTGAGEE shall Mw rhe op~ion ro receive snd apply the same on account of the indabted- ness iecured hereby a ro permit ssid MORTGAGORS to reteive and use it a any pa.t thereof for othcr purposes, .vi~hout th_.ebl waivi~~g o. unpai~- iny any equiry, lien w right u~de? or by virtw oi ~his mo:t~age; ~nd in the event said 1MORTGAGORS shall tor any reason fail to keep the said premisa~ so insured, ot fail to deliver promptly any of ssid policies of insurance to sa~d MORTGAGEf, or fail promptly to pay fulty any premium therefor w in any . re~pecl fail to periwm, dixharge, execute, e(fecf, complete, comply wirh ~nd abids by this covenant, w ~ny part hereof, said MORTGAGEE may p~~ce +~+d ~ ~ pay fw such iraurance o? ~ny part thereot without waivinp a affettinp sny option, lia+, equ~ty, w right unda o~ by virtw of this Mortgsge, ~nd the ~ full smouM of each and ev~ry such paymeM shall be irrrnediately dw +nd pay~bls ~nd shsll bea? i~te~eil from tM date thereoF until paid at the rate ol n~ne pei centum per ann~m and to~ather wi~h such inte~est shall be secured by the lien of this mortysge. ~ 1. To permit, cammit ot suffet no waste, impairment w deteraration of said ptoperty p any parl thereof. 5. To pay all a+xl airgulsr the costs, charges and ezpenses, incl~ding a ressonable ~ttwney i fee and costs of abstrads of title, incurred w paid af any time by said MORTGAGfE, betause or in the evenl of the failure o~ the part of the said MORTGAGOR to duly, promptly snd fully perform, dixharge. execute, ef(ecL complNe, con+ply w~th and ab~de by esch and every tF?e stipulations, agreements, conditions, and wvenaros of uid promissory note and thii mwtgape any w either, and uid costs, chuges and expenaes, each and every, sMll be immediately due and payable; whether w not there be notice dc mand, attempt to cotkct a suit pcnding; and ths ful) amounf of esch and every such psymeM shall bear interest from the date ~hereof until paid a1 the raee oi niro per centum per annum; and all said costs, charges and expenses incurred a paid, togethx w~th such interest, shall be secured by the lieo of tha mortyage. b. 71~at (a) in the event of any b~esch of this Mwtgage or defavlt on tM oart of the MORTGAGOR, w(b) in the event sny of tsid sumf of money herein referred to be not promptly and fully paid wifhin th~rly (30) days next afrer the same severally become dve snd payable, without demand or notice, or (c) in the event each ~nd every the stipulations, sgreements, conditions and covenants of sa~d prom~uory note and th~s mortgage any w either are nw iuly, promptly and fully perfwmed, d;xharged, executed, eifeded, complNed. complied with and abided by, then ir+ either w any s~ch.eveM the said ag- gregate sum mentaned in said promissory note then remsining unpaid, with iNeresl accrued, and all moneys setured heteby, shall become due and pay- able fwthwith, or thcreaFtet, at the option of said MORTGAGEE, as iully and complNely as if all of the said sums of money were wiginalty st~pulated to be pa~d on such day, anything in said prom~uay note w in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at ~he option of said MORT6AGEE, withouf notice w demand, suit at law a in equity, therefore w thereafter Ixgun, may be prosecuted as if all moneys setured hereby had rt?atured pnor to its institution. ; 7. ihat in the evenl that at the beginn7ng o( w at any time pendi~g any wit upon this Mortgsge, or to faeclose it, or to reform it, a to enforce , ; payment of any claims lxreunder, said MORTGAGEE shall apply to the Court having jurisdittion thereo( for the appointment of a Receiver, such Court shall forthwith sppoint a receiver of said mortgaged property all and singutar, includ~ng all and singular the income, protits, iuues ~nd revenues frorrl whatever source derived, eath and every of which, it be~ng expressly unders~ood, is hereby mortgaged as if specifiully set fwth and destribed in the granting a~d hatxndum clauscs hereof, and such Receiver shall have all the broad and effective f~nct~ons and power?al~,anywise entrusted by a Co~rt to a Receiver, and ~~ch appointment shall be made by such Courf as an admitted eq~ity and a maner of abso:ute right to ssid ~MORTGAGEE, and without teference to the aaequacy w inadeq~acy of the wlue oi the property mor~gaged or to the soivency w insolvency of said MORTGAGOR o~ the defendants, and that such rems, profits, income, iuues and rerenues shall be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court.t • • . ~ 8. To duly promptly and fufly perfwm, discharge, execute, effect, mmplete, compfy with ~nd abide by each and svery the stipulations, agreemenis, c~oditions and covenants in said promissory rate and this mortgage set fath_ - 9. That in the event the ownership of the mortgaged premises, w any part thereof, becomes vested in a person other than the MORTGAGOR, the MORTGAGEE, its succeuors ar.d sssgns, may, without ra?ice to the MORTGAOR, deal wi~h such successw o~ succe:sa in interest with reference to this mortgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating or diuha~girg the Mortgagors' liability herr ` under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE a its succesaon or assi9~s and no extension of the time fw the payrrunt of the debt hereby secured given by the MORTGAGEE or its success«s or auigns, shall operate to releau, d~scharge, modify change or affect the orginal liab~l~ty of the MORTCaAGOR herein, either in whok or in part. 10_ It is spec~fically agreed that time is of ehe esxnce of this contract and that no waiver of any obligat~on hereunder o? of the oblgation se- c~red hereby shall at any time thereaher be held to be s waiver of the terms hereof or of the instrument secured herby. i 11. In add~tio~ to the forego:ng monthly payments of princ'pal and inferest required by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee v~rith each monthly payrnent an add~rio~al sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real property taxes levied or assessed against the above described real estate. B-Premiums o~ fire and windstorm insurance as herein requ~red to be carried on the improvements sifuate o~ fhe above described premises. C-Premiums on such mortgage guaranty insurar,~e as mortgaget shall from time to time deem fit to carry on the ban secured hereby. Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and FayaWe on the due date of the next monthly payment and each successive month thereafter until mwtgagee shall nofify mortgagw of a change in such arz,oum_ Such sums shaH be applied by mortgagee toward the payment of real properry taxes, insurance prem:ums, and mortgage guaranfy insurance ~ premiums. , _ ~ IN WITNESS LYHEREOF, ~he said MORTGAGOR has hereunto xt his hand and seal the day and year first aforesaid. ~ , Signed, Sealed and delivere in the preunce of: ~ . ~~fln~ - ~ f5es4 . ~ --rd R. MOSSaan ~ ' Sesn - Linda Lee Oss~a?n ~~a~ STATE OF FLORIDA ~ St. L.uc ie cour~nr oF Befwe me personally appeared Dnnald R. ~/O~s~2f and Linda. Lee MOS ~a~1 his wNe, to me well known and known to me to be the individuals destribed in and who executed the foregoing instrument, and xknowledged befwe rtu that they executed the same fw the p~rposes the:ein expressed. And the said I'iA~d ~@ ~pS~1in wlfe of ti~e said ~OASid R• ~SS~~n • upon a xparate and privat~ examinstion by me taken separate and apart from her ssid husbaod, xknowledged to and before me that ahe exetuted said instrument freely and volun- ~ rariiy and without any compulsion, constraint, apprehensio~ fear of or from F~er said husband. WITNESS my hand and offic~al seal this day of A. D. 19_2~ ~ _ Notary Publ" n and fw the tate of Florida af ~ye ~ ~ My Commi expires: ~ /9 7.~ ~ ~ ~ Retum To: - ~~i, First Fede~al Savings b loan Association ` ~ ~..ti.~s...:' ~ ~ Of fort P~erte. _ Fort Pierce, Fbrida ' - ~ '-i~ ~ ~ • ~ FILEO ~NJ AECORtjE?' . . . , ST.l11ClC CO~~fY FLA. - . . ' . ROG=F ~O~TRAS ; • ' . • ' CtEi:K ::.Ut'. COURT I~ This Instrument Prepared By W~ . B. Bzau~ ~F~pqp vEf'~F~E. First Federai Savings 8 Loan As_~tiiation . ~ . - • , ; of Fort Pierce ~ Fla. , ~ . ~ ~ ~ , - I+~r 16 ~0 ~6 ~ ~ ti~. , ~ ~ J;~~~=. Checked By rj0 : ~ I ~ _ a eoRK 214 ~a~,? 485 sb ~ ~ r ' ' - - - - - _ _ ~ ~ . ~ t.~•"~~` .r-. - r . a ~ . ~.'r, t+ ~ ~ _ ~ ~ - z s~~"~~.~~".: ~'r" u~r~ _ " ' , . ~uu ~