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Home My WebLink About0992 ~ i ~ To plu~ and conti~uou~ly keep on ~he build~ngs now o~ here+NK Wtwq on s~~d land ~nd on di equipment and p~non~lly cov~red by fhi~ mat9- ag~, with ~II premivms Ihereon pa~d in fult, fire insur+nce in th~ utwl stsndard polity fam, k~ • ium ~pproved by tM INORTGAGEE. and winds~orm insu~u~c~ in tM vsu~i i~anda.d pot~q i«m. in a~um approved by ~M MORTGAGEE, in such company or companin at th~ MORTGAGEE may d'u~u; ~~d ~II fin and w~ndirorm insur~nc~ polK~as on any ot said build~nq~, a~y i~ttnst there±n w p~~f therwf, in the a~~eq~q wm afo~euid a In ~xtess lAeraof, shall contain th~ uswl standard matgapt~ tl~use a ~uch o~F»~ claua as tM Mortys9e~ may requin, maMirg tM b~~ unde~ taid poli- cie~, ~ach aod wery, payabl• ro ssid A\ORTGAGEE as it~ in~ere~t may appaar, and e~ch and every tuch policy ~h~tt be prompdy au:yned and delivered ~o any hetd by iald MORiGAGEf as fu~~hsr security to said mongaQs d~bt, ~nd, nol leu tha~ ten (10) days in adv~nt~ of tM expir~tion of each polity, to dr ~ IivN to i+id MORiGAGEE a r~~ewal thereof, to~e~her with • rete~pt fw the premium o( such ~enewal; and ~her~ shall k» r+o fue w wfndstwm in~ur~nce pl~ad on any of said build'+rgs, ~ny interest therein or pu1 the.eof, unteu in tM form and with tF» lou payabt~ ai afwesaid; +od in the eveM any wm of mwKy becomss pay~ble unde~ auch policy or policies said MORTGAGEE shall havs ~he optio~ to r~ceive and ~pply the sams on accounl oi the indebted- eeu secur~d hereby a ro permit said MpRTGAGORS Io ~eteive ind use it o? any pa~t Ihereol tW othe~ purposts, withput thareb/ waivi~ig or ~mpair- in9 u+y equity, lien a righl v~der u by virtus of this mort~age; and in Ihs went said MORTGAGORS sl+all fa any reason fa1 to keep the s+id premites so insured, ot iatl ro de~iver promptly any of said polities of iniu~ante to said MORTGAGEE, a fail promptly to pay (utly a~y premium 1he~efor or in any respect fail w pe?fam, d~scMrge, eaecute, eifM, comptete, comply wirh and abids by th;s covenant, or any part hersof, ssid MORTGAGEE may place and pay fw ivch insuranc~ w any parf thereof witl~w?t waivirg or ~ffacting any optiw~, lien, equiry, a right unda or by virtw of this Mortgsye, snd the j full smount of each and every such payment ahall be inwnediately dw and payable ~nd shatl bea~ interes~ from ths date thereof until p~id at the rate ol ~ rt~ne per tentum pe~ annum and together with svch interes~ shatl be secured by the lien of this mort~+ge. ~ 1. To permi~, tommit o~ suffer no waste, impairment ar deterioration of said {xoperty o~ any p~A thcreof. 5. To pay all and sinyulu the costs, cMrges and expensea, ir+cluding. a reaso~able attwney's fee and costs of abstracts of title, intvrred or paid at ' ' a~y time by said MORTGAGfE, because w in the event of tF+e failure on the pan of ths said MORTGAGOR fo duly, promptly ~nd futly perfwm, dixharge, ~ executs, efien, comple~s, compty w~th and ab;de by each s~d every the st~pulations, agreemenn, cor+ditioos, snd covcnants of i~id promissory note and ~hii mortg~ye any or eithe~, and said tosts, cMrges a~d expenses, each aod every, sMll be immedistely dve and psyable; whether or not thae be notice da mand, sttempt to collecf pr suit pendingj and the full amount of each and every svch paymeM shall bear interest from Ihe date thercot ~otil peid al the ra~e of nioe per cenwm per annum; and all said wsts, chargp and expenses incurred u psid, together with such interesl, shall be secured by the lien of this mortgaye. 6. Tlut (a) in the event of any breach of thia Mo+tgage w defsul? on the paA of the MORTGAGOR, w(b) in tM evenf anY of said t~ms of money herein referred to be not p~ompNy and fully paid within thirty (30) days next after the same uverally become due and payable, without demand or notice, or in the event each and every the stip~rlations, agreements, conditions and cove~ants of sa~d promiuory note and th~s mo~tysge any or ei~FKr are not iuly, promptly and fully perfwmed, dixharged, executed, effected, completed, comptied with and ab~ded ~iy, then in either w ~ny :uch evenl tM said ag gregate aum mtntioned in said promissory nme then remaining unpaid, with interest atcrued, and alt moneys setured hereby, sMll betome due and pay- ~ able fwthwirh, or the~eafter, af the optio~ of sa;d MORTGAGEE, as fully and completely as if all of the said sums of money were wiginally tt~pulated j to be paid on such day, anything i~ sa~d promissory note or in this Mortgage to the contrary notwirhstand~rg; and the~eupon w tlxreaftar at tM op~ion of ~ ~aid MORTGAGEE, withovt ratice or demand, suit at taw w in equity, therefore or thereafter begvn, may be prosecuted as if sll moneys secured F~eby , ~ had matwed prior to its institution. ~ 7. Tbst in the evenl that at the beginning of or at any time pendi~g any suit upo~ this Mortgsge, w to fwecloss it, or ro refwm it, or to enforce ~ payme~t of sny claims he~eunder, said MORTGAGEE shatl appty to the Court having jurisd~ction fhereof for the appo;ntmeM of a Receiver, such Covrt shall iorfhwith appoint a reteiver of said mortgaged prpparty all a~d singular, includ~ng all and singular the income, profifs, issues ~nd revenues from whataver wurce derived, each and every of which, it beiny expressly understood, is hereby rtw~tga9ed as;if speti(icatly xt forth and desuibed in the granting a~d habendum ctauus hereof, and svch Rcce~ver shall have all the broad and effective funct~ons and powen in anywise enlrusted by a Co~?t to a Receiver, and E :uch appoiMment shall be made by such Court as an admitted equity and a matter of absolute ,rigM ro said MORTGAGEE, ar~d without refercnce to the ' adequacy w inadequacy of the value of fhe propcrty mortgaged or to the sotvency w inwlventy oI asid lNORiGAGOR w)he defendants, and that such i ren~s, profits, incane, iuues and revenues shall be applied by such Receiver according to ths lien or equiry of said MORTGAGEE and the pradice of such ~ COUrf. i ~ 8. To duly, promptly a~d fvlly pe?fwm, diuharge, exccute, effeN, complete, comply with end abide by each and evary fhe stipulations, sgreements, ~ conditions and covenants in said promissory note and this mortgage set fwth. ~ 9. That in the event the ownership of the mwtgaged premises, w any part thereof, becomes vested in a person other thari the MORTGAGOR, the ~ h10RTGAGEE, its succeuws snd assigns, may, wlthovt notice ro the MORTGAOR, deal with such successor a successor in intercst with reference to thia ! mortgsge and tlx debl hereby setured in the same mannet as with 111ortgagw without in any way vitiating or diuharging the Mortgagprs' lisbility here- under or upon the debt hereby secured. No sale of the premixs hereby mortgaged and no forbearante on 1F?e part of the MORiGAGEE w ib successon o~ augns and no extension of the time fw the payment of the debt he~eby secured given by the MORTGAGEE or its successors or auigns, shall operate to releax, discharge, modify change or affect the orginal liab~t~ty of the MORiGAGOR herein, either i~ whole w in part. ; 1 10. h is specifically agreed that time is of the esxnce of this contract and that no waiver of a~y obligation hereunder or of 1he obligation se- cured hereby shall at anY time thereafter be held to be a waiver of the terrtu hereof or of fhe instrument secwed herby. 11. In additio~ to the (orego:ng rtwnthly payments of p~inc:pal and in?erest required by tt~e promiswry note secured hereby, mortgagw covenants and agrees to pay to mortgagee with each monthly payrnent an additional sum Gstimated by mortgsgee to be equal to 1/12 of the annval tost of the follow- ing: A..AII real property taxes levied w sssessed agaisst ihe above described real eztate. ' B-P~emiums on fi~e and windstorm insurar.ce as F~ere~n requ:red ta be carried on tF?e improveme~ts situate on the'above described premises. C-Premiums on suth moctgage guaranty insurance as mortgagee shall from time to time deem fit to carry on the loan setured hereby. Mortgagee shall from time to t~me notify mortgagor i~ writing of the amovnt due and psyable here~nder a~d such sum shall thereupon be due and ~ Fayable on the due date of the nexf monthly payrr~ent and each successive month thereafter untii mortgagee shal) notify mortgagor nge in such ama~nt_ Such sums shall be applied by mortgagee toward 1F~e payment of real property taxes, i~sursnce pre~:ums, and mort e guaranty insurance premiums. IN WI7NESS WHEREOF, the said MOR7GAGOR hss hereunto set his hand and seal 1he day ytar first afo~esaid. ~ Signed. Sesled and delive~ed in the presence of: - ' i. ^ ;=i~GD ~ ff'.' : • -l.l.. al'C~ ~ ' e ' ST ; , • ~ ' iIOGEH t~~~~~?:i an ~ j ~ ClERK C~RCUIt ~~aT ~oe~ B~. Roabach E RECOi10 YER1f1E0 ~Sean ~ f STATE OF Fl9q1BM? IN@N Y~OXIC ~ ~ ~u • ~ COUNTY OF ~SS U ~ Mr, 2548'7'7 ` ~ Befwe me personally appeared ~Nd~d L.• ROIIbdCil a~ ~ M~YiOtl B' RO~aC~l his wife, to me well known and known to me to be f the individuals dewibed in and who executed tFx for instrument, and ackrwwt ~ egang edged before me that they executed the same ~for the purposes ~ t therein expresaed. And the said ~'~dl"~02'1 8~ Raabaeh • ~ xife of the said - ~~I~Td l.~ ROlbAC~l vpu~ a separate and private ! ~ examinatwn by me taken separate and apart f~om her said husband, aclcnowledged to snd before me that she executed said irntrument freely and vol~n- _ rarily a~d witFw~t any compulsion, constraiM, sppreheniwn, or fear of o~ from her said Fwfband. ° 15 th WITNESS my hand and official sea{ thi: dsy of ~ A. D. 19~,~ ~ ~L/ ~ . i Notary Public in arZd• . the StaJe of Fbrids at Large ~ eo ~ My Commiu'~Wi ~cqi ' 1 ~ > ~ L7 R t D A~ ~ . • s o~ N ~t? MENTARY ,--•a, 'MP TQX ~ ~uwwrQ ~~8~~:..~.=~...~ • :"7:~f - - • aj ~`~%~ek ~ . . ~ ( sr, ~ •~~rMtY PV~K~,~~ ~ • t ~ N '~y, i? Y ~i ~ ~ ~ ~ T ~ ' ~ ~ „ ~ ~ ~~t~ - ~ ~~•~'Y,• ' . . - I ~ ~ ~'11102 / T~~~~~~~, 4 4 : _ ~ ~ _ } ~ This Instrument Prepared By J.H• Roberts, JZ• ; ~ ~ • • - ; i First Federal Savings 8 Loan Association • • ' ~ ' ; ` - , ` ` •of Fort Pierce ~ p'lp~ida . . ~ . - 0 . . i~~ - . . . ~ Checked By ~ ~ - - - - . ` `~j.- i ~ . . v i t . ' ~ sooK214 PAC~ 991 ~ j f ~ ~ ` n7 _ . . a~. , t _ ~ ' _ - ' ~ ~ w sa_.s ~.r- ~ . ~ ~ ~ w~~