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Home My WebLink About1446 9. To pl~c~ ~nd continuously keep on tM building~ now a Mr~ai~N ~ilwq on uid land and on all equipmcnt and p~nonally covered bY thif mat¢ p~, wi~h all premivm~ theaon pa~d in lull, fire insvranc~ i~ tM u~wl ttandard policy fwm, in • sum app~ov~d b/ Ihe MOR~GAGEE, a~d winds~wm imwanc~ in tM usual u~nda~d pol~cy fam, in ~ ium app?ored by Ih~ MORTGAGEE, in wch compa~y o~ co~+p+n~es +s ~M MORiGAGEE m+y d'u~ctr and all (ir~ ~nd w~nd~~orm insurance policies on any of uid build~nps. ~~y intl~fft IM~~in Of p~rt tl~Orfp1, in tM a~grepar~ ~um ~faea~d a In ~xcea ~haeof, sMll contain U+~ usual i~anda~d mori~ape~ daus~ w~uch o~ha cl~us~ +i th~ Mor~pa~e~ m~y requ~r~. m~kir+p ~M Ioss und~r sa~d poli~ ciq, each ~nd ~v~ry, payable to said MORTGAGEE as iti intere~~ r~nay ~ppsar. +nd each and every wcA policy ~hall p~omp~~Y ass 9ned +nd delivercd to ~ny held by sa~d MORTGAGEE ai fur~hsr iecurity to ia~d mortyaye debt, and, no~ ~au tMn ten (10) d~ys in sdvance of 1M e:pir~tion ol each policy, to dr tiver to taid MORTGAGEE • renewal thereof, topetl?K with ~ reteipt fw 1he premium of suth ~e~+ewa~; snd the~~ ~hall bt no fire or windstorm in~urante ti pl~ced on ~ny of uid build~npi, +ny interett therein w p+rt tFwreof, unles~ i~ ~M form ~nd w~th ~M loss payable ai a(oressidj ~nd in tM evem any :van , of mon~y becom~s payabte unde~ such policy q policies seid MORtGAGEE shall Mve ~he opt~or? to receivs snd apply the same on account of the indeb~ed- neu ucwed M?~by w to permit ~aid MORTGAGORS to tec4ive and use i1 p any part thercof fw oihcr purposes, ~vi~houl IharEb/ waivi~ig o~ unp.ur• ~nq any equity, lien w right under w by virtw of this mo:tgage; ~nd in ~M ~vcnt ~a~d MORTGAGORS shall fa any reafon fail to keep ~he said premises so insu?ed, a fail ro delive~ p~omptly ~~y of iaid policies of insur~nce to said MORTGAGEE, w fail promptly to pay fully any premi~m therefo~ w in any respect fail to pe~iwm, d~uharge, execute, effect, complets, comply wi~h a~d abide by this covenant, or any part hsreoi, said MORTGAGEE may p1+ce and pay fa iuth insurants or any part thereof wirhout waivinQ w affecti~p sny option, lien, equity, w right under w by virtue of this Mw+9age, and Ihe ~ full amount of each and every s~ch payment shall be immediately due +nd payable aod shall bear interest irom ths dats thereof until paid at the rate ol ~ nine psr tentum per annum and to~ether with suth interest shall be secured by tM lien of this mottgsye. • 4. To permit, commit w suffer no waste, impairmeM w deterioretion of iaid property o~ any parl thereof. 5. To pay atl and singular the costs, cMrges +nd expensel, inclvding a reasonable ~ttwney's tee snd costs of abstratts of title, incurred w p+id at any time by uid MORiGAGEE, because w in the event of the failure on the part of the ssid MORIGAGOR lo duly, promptly and f~lly periam, d~uharge. execute, effect, complets, comply w~th and ab:de by each and every the stipulations, agreemcnts, conditiont, and covenants of said promiswry ~ote and this mwtgage ~ny or either, and said costs, charge~ and expenses, each and every, sMll be imr?cediately due and payable; whNher w no? tFxre be notice dc mand, attempt to coIIM w suit pend~ng; and the full amount of each and every svch payment shall bea? interest from the date thereof ~nti{ paid at the rate of nine per centum per annum; and all said tosts, cha~gei and expenses incurred w paid, Iogether wilh such interpt, shall be secured by 1he liea of thi~ mOt190~!• ~ 6. Thst in the event of any breach of this Mortgage w defsul~ o~ the part of the MORTGAGOR, a(b) in the svent ~ny of wid sums of money ~ herein referrcd to ba not promptly and fully paid within thirty (301 days next after the same severally becomt due snd payabte, without demand w notice. or (c) in the eveM each and every the stipulations, agreements, conditions and coven~nts ot sa~d promiuory note and th:s mortga~e a~y u eitlxr are not iu1y, promprly and fully performed, discharged, ezecuted, effMed, completed, complied with and abided by, then in either a any :uch event the uid ag gregate wm mentioned in said prar+issory note then remaining unpaid, with interesl sccrued, and all moneys secured hereby, shall become due and psy- eble forthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as it all of the said tums oi money were wiginally st~pulated to be paid o~ iuch day, anything in sa~d prornissory note or in this Mo.t~age ro the contrary notw~thstsnding; and thereupon or thereafter at the option of sa~d MORTGAGEE, w~thcut not~ce a demand, suit st law or in equity, therefwe or thereafter begun, may be prosecuted as if all moneys ucurad hNeby had maWred pnw lo its institufion. 1 7. That in the event that at 1he beginning of or at any time pending any tuit upon this Mortgsge, w to foretlose it, ot to reiwm it, or fo enfwce ' payment of sny claims he.eunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall f Forfhwith appoint s receiver of said matgaged property aIl and singular, includ~ng a!1 and singular ~he income, profits, issues and tevenues from whatever ~ suurce derived, each and every of whtch, it being expressly unders~ood, is hereby mort9aged as if specifically set fwth and described in the granting and habendum clauses hereof, ar.d s~ch Receive~ shall have all the boad and effective funn~ons and powera in anywise emrusted by a Covrt to a Receiver, and ~~ch appointment shall be made by such Coun as an admitted equity and a rnatte~ of absotute right to said MORTGAGEE, snd w~thout reference to the adequscy or inadequscy of the value ot the property mwtgaged or to the soirency or insolvency of said MORTGAGOR or the defendann, and that such renrs, profits, income, issues and revenues shall be applied by s~ch ReceivH accord~ng to the lien a equity of said MORTGACaEE and tlx pradice of such Court. 8. To dvly, promptty and fully pe?form, diuhsrge, execute, ef(cct, compfete, comp~y with and abide by each and every tFK stipulations, agreements, i conditioru snd covenants in said promissory note and Ihis mortgsge set torth_ I 9. That in the event the owrKrship of the mortgaged premises, or any parf thereof, liecomes vested in a person other than tFie MORTGAGOR, fhe t MORTGAGEE, its successws and assigns, may, without notice to the MORTGAOR, deal with such successor or wccessor in inferest with reference to this ' mortgage and the deb~ hereby secured i~ the same manner as with Mortgagor without in any way vitiating o~ d~uharging the Mwtgagors' liability FKre- ~ i under w upon the debt hereby sec~red. No sate of the premises hereby mwtgaged ar+d no forbearante on the part of the MORTGAGEE or its successors ~ or assigns snd no extension of the time fw the payment of the debf hereby secured given by the MORTGAGEE or its successws or ass~gns, shall operate j to release, d~xharge, modify chsnge a aftect the original liability of the MORTGAGOR herein, either io whok or in part. ~ 10. It is specifically agreed that time is of the esscnce of this. contrad and thst no waiver of any obligation hereunder w of the obligation sr cured hereby shall at any time thereafter be held to be a waiver of the terms hcreof w of the instrument securcd herby. 11. In add~fion to the forego:ng monthly paymenfs of princ'pal and interest requirtd by the promissory nore secured hereby, mortgagw covenants and ag~ees to pay to mort9agee vvith each monthly payrnent an add~~'anal sum estimated by mortgagee to be equal to 1 f 12 of the an~ual cost of the follow- ing: A-All real property taxrs levied w assessed against the above descri~d reat estate. B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improveme~ts situate on the above described premises. C-Premiums on s~ch mortgage guaranty insurar,ce as mortgagee shall from time to time deem fif to carry on the ban secured hereby. ~ Mortgagee shail from time to time notify mortgagor in writing of the amount due and payabk hereunder snd such sum shall therevpon be due and = ~ayable on the due dare of the next monthly payment end exh successive month theresfter ur,til mortgagee shall notify mortgagor of s change in such aT,ount. Such sums sF.ail be applied by mortgagee toward the payment of real property taxes, insvrante prem:ums, and mortgage guaranty ins~rance premiums. . . ' IN Y~ITNE55 YJHEREOF, the said MORTGAGOR has hereunto xt his hand and sea~ the day ~nd year first afor F •$igned. Se led a del' ed in the f ~ presence of: FILEO.Ak~ RECORDED , _ ~ ST. LUC<< COUMTY flA. ary f RO"v~R POi1RAS t, ' CIERK C1st~U1T COURT ; RE.CORC VE~t~F1E0 r - NAY Z3 ~2 35 PH'~3 r~a~ ~ STATE OF fLORIDA ~ st . Lucie # ~ 255182 couNrY oF Befue me personally sppeared TOm H. ~idlOl121S Caro l$. Cx3101121 S his wife, to me well known and known to me to be ihe individuals described in and who executed the foreyo~ny instrumenj, and acknowledged befwe me that they executed the same for the purposes rherein expressed. And the said Carol S. (.ia.lOl1Z1S ~v~fe of the wid TOIII H. Cid10UZ1S upo~ a separate and privats examination by me taken separate and apart from Fmr said husband, adcnowledged to and beforo me that ihe executed said instrument freely and voluo- fa~ily and w~thout any compulsan, consrraint, epprehension, or fear of or from her said Fwibsnd. 73 ; WITNESS my hand and official seal this 21 St day of MaY A. D. 19 ~ ~ Notsry Public in ~r.d w t~ State of fbrida af Large ~ ~ My Commisiron expires: / ~ Return To: _ first federsl Savings 3 loan Association . ~ Of Fort P~erte. r ~ ' ' r ~~riE i~".r;vn at vr. - i Fort Pierce, Fiorida ' ~C~Ij ~ ~ ~ ;~~,rJe:ti tSY h,~ICaf1,~0at1i~t3 • . . - ~ ~ V : . - This Instrument Prepared By }Zichard K. Kayes . . ~ ; 'p . First Federal Savings 8 Loan Association : G - of Fort Piercc~ Fl o r i da . ' _ • ~ Checked By ~ ~rE~~~ ~ % - . " ~ - . ~ ~ ~ , r ~ ~ ~ _ ~.ur1+t -b' y ~ , . . _ " - -~-x.,.~ `,s..rs. - ~ ry t - _ _