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Home My WebLink About2623 J. To plac~ and con~inuously k~~p on ~M buildirgs now a MreaflN situaN on said 4nd ~nd a+ ~II equipm~nt ~~d ptrsonaily cowrod by this mort¢ p~, wilh ~II p~miwns ~htrea? pa~d in full. fi~~ i~~uranc~ i~ IM usual statdad pnticy form, in • sum approv~d tiy tFwr MORtGAGEE. ~~d winduam inwru~c~ in tM wwl ~~u+d~rd pol~cy fam, ie~ ~ sum ~ppror~d by ~M MORiGA(s'EE. in wch company w compani~s as rh~ MORTGAOEE n+ay dinctt and a0 (ir~ a~d w~~wm inw.anu policiea on any o( s+id build~npa. any interyt th~~~in or puf ~hs.eoi, in tM pprepa~~ wn+ ~faesatd a in ~xceu ~herwf. ~halt comain ~M uswl ~t~~+dud mor~y~ cl~uw a ~uch o~Mr claus~ a ~M MatppN may rpuu~. maMinp th~ ~ou vndN ud po~F cies, tach and tvKy. paYabl~ ro said MORTGAGEE a~ m intereit may ~pp~u. ~nd ~ach and ~vay ~uch po~~cy sh•u b. p~omp+iy ass~p~+ed and d~1iv~~ed to , ~ny Mld by uid MORTGAGEE ~s iw~ha iecurity to ~ald matyay~ deb~, ~nd not leu than t~n (10) days in +dvance oi the ~xpir~tia+ of exh policy, to dr ~ liw? ro s~id MORTGAGEE a nnewal the~wf. IopHF~ with a rec~ipt for tha p~~miv~n of suCh re~twai; ~nd there ahall b~ no fir~ or windstam i~svrant~ ~ plaud on ~ny of said buildinps, ~ny Intere~t tt+~r~in w put thKeof, ~nleu in 1M fo~m ~nd with tM ~oss paY+bt~ as ~fw~saids and in tM event any swn of mon~y bacams p~yabte u~ iuch policy or po~ici~s said MORTGAGEE shall Mw tM op?~on to receive +nd apply the sam~ an accouM of ths indebted~ ~ nes~ secured hKeby or to permit uid MORTGAGORS to ncei'v~ u~d us~ it p a~y part thereof for othe~ pu~poses, wi~hout thweu~ waivi~~ a~mpair- inp any p~ity, li~n a ri9M unde~ a by vi?tw ot this mort~age; and in tM eve~+f sa~d MORTGAGORS shall (o? sny reason fail to ke~p the iaid prem~scs so insu~ed, or fail to deliver promp~ty any of said polKies of insursnce to sa~d MORTGAGEE, or fait prompdy to pay fully any premium theref•x o~ in any i respect fsil 1c pNform, discharge, execute, effad, complete, comply with uid ~bide by th~s mvenaM, w any part hereoi, aid MORTGAGEE may plxe ~nd j pay fo~ :uch imuran~e w~ny put thereof without waivirp a affectinp ~ny op~ron, li~n, equity, w riyht under w by virtw of ~his Mortyape.. and tl+~ , ~ fu11 art~o~nt of each and every iuth payment shall be immediately due and pay~ble ~nd shall bear interest from ths date thereof ~ntil psid at th~ rat~ of n~ne psr centum per annum and together with such i~terest shatl be ucu~ed by 1M lien of this matp~e. ~ 1. To permit, commir or suffer no waste, knpairment a dcterioration of uid ptoperty or ~oy p+rt thereof. 5. To pay all and sirgul~r tM cosn, char9es ~nd expenses, includ~np a raason~ble attwney's (ee and wits of absnacts of titls, incu?red w p+id at eny time by wid MORTGAGEE, because or in the evenl of the failu~e on the part of ~he ssid MORTGAGOR to duly, promptly snd fully periwm, d~xM~9e. executs, eifect, complete, comply wah and ablde by each and every tha itipulations, sgreements. cond~tiau, ~nd covenants of sa~d promissory note and thii mortga~e any p either. and said costs, ch+r9es snd expensea, each end every, sMll bt immediately due end payable: whether or not there be notice da ma~d, attempt to colktt or wit pending; u~d the fvll amovM of each. and wery such payment shall bear intareit from the dale thereof until p~id N the ra?e of nine per centum per annum; and all said costs, charges and expenxs incurred a paid, together with suth interest, ahall b~ secured by tha lien of tha mwty~ye. 6. That (a) in the eve~t of sny brexh of this Mortgsge w defavlf on ihe part of the MORTGAGOR, or (b) in the event any of said sums of money herein refe~red to bs not promptly and fvlly paid wi~hin thirty (30) days next afte? the same severally becane dw and payable, withovt demand w ootite, ~ or (c) in the event each snd eve.y the ttipulatans, sgreementi, cond~tions and covensnts of sa~d promiuory note and th:s mortyaye any p either are no1 ~uly, promptly a~d fvlly pe~formed, dixharged. executed, effected. completed, complied wi~h and abided by, then in either or sny tuch eveM the taid s¢ gregste wm mentaned in aaid promissory note then remaining unpaid, with iroerest acuued, and all mo~eYS secured hereby, shall become dw snd pay- able fwthwith, a iF~tfNftK, at the optton of said MORTGAGEE, as fully ~nd comple~ely as if all of the sa~d sums of money were or~gin+tty ~t~pulated to be paid on svth day, anything in said promissory note or in this Mortgsgc to the contrsry notwithstanding; and thereupon or the~eaher ~f tM option of said MORTGAGEE, without notice or dema~d, suit at law w in equity, thereFore or therea(ter begun, may bs prosecuted as if all mw~eys secured hereby • had matured prq! Io its institution. ~ 7. That in the event that st the beginning of w st a~y time pending any suit upo~ this Matgage, or to fo?ecbse it, w fo re(orm it, w to enfwu payrrKnt of sny claims he?eunder, said MORTGAGEE shall apply to the ~ourt having jurisd~ction thereof fa the appointment of a Receiver, such Cowt sMll forthwith sppoint s receive? of said mwtgaged property al) and singular, includ~ng all and singular the income, p~ofits, iuuts and revenues (~om whatever saurce derived, each and every of which, it being expressly undcrsrood, is hereby mortgaged as if spetifiully set fwth and described in ths p.~Ming and habcndum ctauses hereof, and such Rcceiver shall have all the brosd and effettive funct~ons and powea in snywise emruited by a Court to a Reuiver, end such appointment shall be made by such Court as an admitted equity and s m~tter of absolute right to said MORTGAGEE, u~d without refererKe . to the adequacy o? inadeqvacy of the value of the propery mortgaged or to the soNency or inwtvency of said MORTGAGOR or 1he defendanb, and ~hal such ~en+s, profiri, income, issues and revenues shall be applied by such Receive~ eccording to the lien w equity of said MORTGAGEE and the prxtice of such CouA. 8. To duty, promptly and fully perform, discharge, execute, effccl, mmplete, comp~y with •nd abide by each and every the stipulations, agreements, cond~tiora and covenants ~n said promissory note and this mortgage set fath_ _ 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person otMer thsn the MORTGAGOR, ths h10RTGAGEE, iri successors and auigns, may, without notice to the MORTGAOR, deal with such successor or sutcesso? in interest with reference to this mortgage aod the debt hereby secured in the same manner as with Mortgagw without in sny way vitiating w diuharging the Mortgaqors' liabilify here- under or upon the debt hereby secured. No sale of the premixs hereby mwtgsged and no forbearance w? the pan oi the MORiGAGEE a iri successon . or assigns and no extension of the time fw the payment of the debt hereby secured. given by tF?e MORTGAGEE or its successors w assigns, shall operate S to release, dixharge, modify change or affect the orginal lisbitity of the MORTGAGOR herein, either in whole w in part. 10. It is speNfically agreed that time is of the essence of this contract and that ~o wsiver of any obl~gat~on herevnder w of ths oblig+tan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. Ir~ add~tion to the forego:ng monthly paymsnfs of princ pal and interest required by the promissory note secured hereby, mortgagor covensnts and ag~ees to pay to mortgagee with each monthly payrnent an addirional sum estimated by mortgagee to be equal to 1/12 of the annusl cost of the follow- ing: A-All real property taxes levied or assessed against the above desaibed real estate. . B-Premiums o~ fire and windstorm insurante as herein requ~red to be carried on the improveme~b sitvate on the above desvibed premiies. ~ C-Premivms on such mortgage guaranty irtsurar,ce as mwtgagee shall from time to time deem fit to carry on the ban secured hereby. Mortgagee sfiall from time to time notify mortgagor in writing of the amount due and paysble hereunder and suth wm shall tF?ereupon be dus and j payable on the due date of the next monthty payment_ and each wccessive month thereaiter ur.til mortgagee sha tify mortgagw of a change in wch amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, ins~rance pr ':um , and morigage ran inwrance ~ premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and e rst afor ! j ' ned, Sealed and deliver 'n the presence of: , f ~ ~ i X/ ! ,c~'~ . ~4 ~ ~ - ndra R. Alberte «,n SiATE OF FLORIDA ~ couNn oF 3t . LLiC ie Befwe me personally appeared Renal d R_ Alberte _ ' ,~d Sandra R. Alberts his wife, to me well known and known to me to bs rhe individuals described in and who executed the foregoi''~ `instrument, and scknowledged before me that they execut~d the same foi the pwposes therein expressed. And fhe said ?~811~I'8 R• A1bAl~tis = wife or ~rb ~~a Ronald R. Alberts .•,~""„~~~_.~;;,;a ~;ry,T. ~ exam~nation by me taken separate and apart from her said husband, adcrawiedged to end befwe me that she execujed ,saSd irDfrum~nt ~tgely and volvn- rarily and without any compuls'an, constrsint, apprehension/, ~w~ fesr of or from her ssid husband. - •'~~~r `•N~ WITNESS my hand and official seal this day of _^~r l~ D,~i9_r.~ Notsry Public in and for~ e • at~la~qj ~ My Commiuan expire} ~ : • ~ i ; ~ : ' Return To: Np~~ ~ B~,(Z ~jl~{~'pf ~.9RIpA ~t LARGE ~ Fint Fedenl Savings a loan Association ~ J !~.~(p?R . 3~PT~ ~ Of Fort P~erce. 800d04 tl~~~ ~ Fort Pierce, Flor'~da ~ f LEB Al1D IcECORDEO This Instrument Prepared By J. H. Roberta, Jr. S~•~UCIE COUNTY FLA. First Federal Savings 8 Loan Association ROCF. ~iTRAS ~ CI.ERK ~;';,JI~ COURT ~ of Fort Pierce , Florida RFr,~;:n vrr~~z}F~~~` ch~k~ ey ~u~i 12 42 PH '73 ~ SooK 2~ 4 t~aGt 2620 ` 255900 ~ u7. ~ :,:.ss:~. ~ y ra~ ' _ ~.a,^', ~ µ '3 ~ "'S. = - ~ r - ; ~