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Home My WebLink About2832 3. To plaa and comi~uouily kNp on IM bui:d~nyt ~ow w her~afar s~rvaN on sa:d land and on all equcpin~nt ~nd p~?wnally covNed by thit matp~ p~ with ~II p~mivms ~i?~~sx~ pa~d i~ lutl, firs iniuranc~ in iM u~val tit~nd~~d polity fam, in a sum ~pprovatJ by tM MCRCGAGEE, ~nd windit«m inwr~oc* in ~M uwal ~~anda.d po~~cy fwm, in ~ sum approvad by ~M MORTGAGEE. i~ wcA compu~y w comp~n~st a tht MORIGAGEE may dincry ~nd ~il fu~ a~d winduorm inwrana policies on any of aid build~np~, any inrero~l tF~ein w part tFwreof, i~ tM ap9re9Nt wm ~iwtsaid ot in ~xuis therwf, ~hall contai~ tM v~wl sundard matya9N claus~ o< <uCF1 OtMf CI~VN if iFN AApIqi9N MAy requ~r~, maAinp ths loss vnde~ ~a~d poli~ ciy, each ~nd ~vKy, payabl~ to said MORTGAGEE as ~ts inrrre:t may ~ppaai, snd each ar~d ws.y ~uch poncy shall b~ promptly au gned ~nd delivered ~o •ny htld by uid MpRTGAGEE as fu~thar iecu~ity to said mort9age debt, and, no~ l~ss ~Mn tM i10) d~yt in advance of ~he expir~tiw? 01 each policy, to dr liwr ro said MORTGAGEE • renewal 1hc~eof, tog~rha with a raceipt fw the prsmium of svch ~enewal; and rhen shall b~ ra fire w w+ndstwm in~ur~i+t~ plaad on My of said bufldinps, any interest thtrein p p~rt thereof, urdesa in tM form ~nd with tM lou payabl~ as afwesaid; and in 1M ~vent any sum of mon~y becorrws payable ur+der such polity or policies iaid MORTGAGEE shaU Mw tM optio~ to receive and apply the same on accoum of the indebted~ neu sec~~td htreby w 1o permit said MORTGAGORS to receive and us~ it w any part thcreof fa other purposes. ~jihout th:~eo~ waiving a~mpair- iry ~ny pvity, lien o~ rigM u~de~ u by virtus of ~his mort~a9e; ~nd i~ tl» ~ve~~ a~d MORTGAGOqS shall for any reason (ail to keep ~he isid p~emisrs w ins~red, o? f~I) ro deliva~ promptly any of said policies of insursr+ce to s~id MORiGAGEE, a fait promptly ~o psy fully any premium therefu w in u+y iespett fall to p~rfor~, disclurge, execute, effec~, complete, comply w~th ~nd abids by th7s corenaot, w a~y parl hsreof, ssid MORTGAGEE may plsce a~d pay fw suth ie?~urance w any p~?t tAtreof without wsivinp or ~ffetting any opYron, ti~n, eqvity, o~ right unda or by virtw of ~his Mwtqags, and tAe full amount oi tach and errery such payment tha!! be immediately dw and payable ~nd shall brsr interesl from the date thereof vo~il paid at the rata of ~ nine per tentum per annum and together with tuch interest shall be secured by the lien of thi~ mortgsge. 1. To p~rmit, commit or suffa no waste, impai~ment a deterioratan of said property o~ any psA fhereof. S. To pay all a~d sinpular the cost~, ci?uges u+d expenses, including a reasonable atto?ney i fee and costs oi abstrscts of title, incurrtd or pa7d st any time by said MORTGAGFE, becavse or i~ ths event of the failure on the part of tha said MORTGAGOR to duly, promptly snd fully parfwm, diuharge, executs, effed, wmplcle, comply with end ab:de by each and every the stipula~ions, agreements. conditiau, +nd cownanes of s~id promissory note and this matgaye any w either. ~nd said cosri, ch~rges +nd expensr:, each and avery, shall be immediately due and payable; whether w not there be ~o~ice do- ~ mand, attempt to tollett w wit pending; and ths full smo~M of eath and evay such psymeM shall bear interes~ f~om the date thereot ~Mil paid at the rate of nine pet centum pe~ amium; a~d all said tosts, tharges and expenses i~curred p paid, together wifh such interest, thal! bs secured by th~ lien of thii r"ortya9+• 6. Thst (a) in tM event of any breach of this Mortgspe a defaul~ on the pa~t of the MORTGAGOR, w(b) in the event any oE ss:d sums of money herein ~eferred to be not promptly and fully paid within th'uty (30) days nex~ after ~he same severaliy becerne due and payable, witFaut demand o~ notice, or (c) in tM event eacA a+x! every the stipulations„ ag~eemenh, conditions and covena~ts of sa~d promisso?y ~ote and th~s mortgage any or either a~e na iuly, promptly a~d fully perfwmed, d~xharged, executed, effedcd, completed, complied with and abided by, then in either a any such event the ia;d ag gregate wm memioned in said promissory note then ~emai~ing u~paid, w;th intcrest acuued, snd all moneys secured hereby, shall become dve and pay- able forthwith, a tFxreafte~, at ths option of said MORTGAGEE, as f~lly and completely as if all of the said sums of money were aiginally stipulsted to be paid on a~ch day, anything in said promiuory ~ote or in this Mwtgage to the contrary notwi~hstanding; and thereupon or tAereafier at the op~ion of said MORTGAGEE, withouf no~ice w deifiand, suit at law w in equity, therefwe or thereaiter begun, may be prosccuted as if all moneys secured hereby had mat~red prior fo its ins~itution. ~ 7. That in the erent that at the beginning of w ~t.any time pendi~g any suit upw~ ti~is Mortgsge, or to foreclose it, or to refwm it, or to enforte paymenf of any claims hereunde~, said MORT(',AGFE shsll apply to the Covrt Mving ju~isdiction thereof for the appo~ntment of a Receiver, such Coun shall forthwith sppoint a receiver of said mortgaged property all and singular, includ~~g all and singulsr the iomme, pro(its, issues and revenues from whatever source tkrived, eath and every of which, il being exp[essty understood, is hereby mortgaged as ef specifically set lwth and desctibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad and effective funct~ons a~d powers in anywise entrusted_ by a Court to a Receiver, and f~ch appointment shall be made by such Court as an admitted eq~ity and a ma~ter of absolute rpht to said MORiGAGEE, and wirhout referente to tbs adequacy a inadeqwty of the value of the properry mortgaged or to the wlvency or insotvency oi said MORTZ3AGOR w the defendants, and that such rer+rs, profin, income, issues aaJ revenues shall be appl~ed by such Receiver accwdi~g to the lie~ or equity of said MORiGAGEE and the practice of such CarA. ' 8. To dvly, promptly and fully pertorm, discharge, execute, effect, complete, comply with and abide by each and every the sNpulations, agreements, conditiona and covenants in said promisswy note and this matgage xt forth. 9. That i~ the event the ownership of the mortgaged premises, w any part ihereof, becomes vested in a perwn othe? than the MORTGAGOR, the MORTGAGEE, iri successws and auigns, may, without notice to the MORTGAOR, deal with such suite'ssar or successor in interest with reference fo this mortgage and the debt hereby setured in the same manner as with Mort or without in an wa vitiati ' 9a9 Y Y ~g o~ discFwrgeng the Mottgagors'. liability here- under or upon the debt he~eby secured_ No sale of the premises hereby mo~tgaged and no iorb~arance on the part of tf~e MORTGAGEE w its successors ~ or assig~?s and no extensiort_of thc time for the paymero of the debt hereby setured given by the MORTCaAGEE or its succeuors or assigns, stwll operate ~ ro releax, disch~rge, modify chan9e or affect the original liability of the MORTGAGOR herein, either in whole or in part. + 10. It is specifically agreed that time is of the essence of this contract and thal no waiver of any obliyation herevnder or of the abligation se- i cured hereby ahal! at any lime thereafter be held to be s waiver of the terms hereof w of the instrument se~ured herby. 11. In add~tio~ to the forego:ng monthly payments of prin~ pal and interest ~equired by the promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an add~~ional sum esf~mared by mortgagee to be equal to 1/12 of the annual cost of the foHow- ing; A-AI! ~ea! property faxes levied or assessed against the above described real estate. B-Premiuma on fire and windstorm insu~ance as herein requ~red 1o be carried on the improveme~ts situate on 1he above.described premises. C-Premiums on such mortgage guaranty insurance as mortgagee :hall from t~me to time deem fit to carry on tF~e ban secured hereby. Matgagee shall frorn time to time notify mwtgsgor in writing of the amounf due and payabk hereunde? and sucb sum shall thereupon be due and payable on the due date of the next moMhfy payment and each sucttssive month thereafter urtil mortgagee shall rtotify mortgagor of a thange in such amount. Such sums shall be applied by mwtgagee toward the payment of real property taxes, insurance prem:ums, and mortgsge 9uaranty insurante ~ premiums. , iN WITNESS WHEREOF, the sa+d MORTGAGOR haa hereunto ut h~s hand and seal 1he day and year ~firzt afwesaid_ ~ Signed. Sealed ~nd de{ivered in the presence of: ~ +~d 0.~ ~ +n ` ~ :•..~~r_.G". a~ ~]1~...~5~ ~r..~.~., r- Se,q ` ~ ! STATE Oi.f~ ' • ' ~ ~~~1 ~ ~ ~ ~ couNTtr oF _ ; sera~ ~ nonally appeared A~x~d s. Busa a?nd ShirlQV N. Busa,his wife E Daniel BLI~d d~'Id ~~1~l~I1@ P• Btisg dfs w~E to me well known and krawn to me fo be i the individwts des:fibed in and who executed the foregoing instrument, and acfcnowledged befwe me that they executed the same for the purpoaes I therein QXP/!3!!'~. ~~~~~~~~~~~~~~~~~r~~~r~~~~.~~~~~~~~~~~~~~~~~.~~~~~~~r~~.~~~ ~ E '~411~'~1?II~lSle~~~~~~~~•~~~~~~~~~..~~~•~~~~~•~~~~~~~~~~~~~~~~~..~~~~~~~~~.rr ~~1~!!~l~1l111C1~p?i~i~l~ ~ ~ CxlfRl}ItllfA7°b~YfRl~f~IR1~~Q?ell~/11d~d~l~ORfP~IlPfNf~l~7ba1'IdT~1l~~IN1l~e1~~ll~wd~lfl~wl~1~7?~l~MM~f~Mi~inrfrtlwMRMir~M~ro1w- ~ iarry 1nei~vR~AVUrany-cen~ptAsle~r, ~ansnslR~ ~pp~leen~ er~fesr ~ er~f~ar~s~' ; ~ W17NESS my hand and off;c~al seal tb~ ~ day of ~,,a p`~~!/~,_' ~ j~~~i''' ; Nota Public in and fw the afe of ~}wi~,M tsrps s'.. ~ . J ' My C mission expires: ~~~•u' ~ W';.~ ~ ~ [ Retum To: ~~Q,~ ~ Z ~ ~ Fint feders) Saving~ d. loan Associatio~ . p U ~ ~ E O( Fort Pierce. ; ~ r~J• ' ~ ` Fort ?ierce, Florida ~ ¢ ~ ~ fILEO a+~!` qECORDEO ~d.,oR u •y i ST.IUC:~ ~OUk1Y flA. , ~ P.CCi.. .~:~;eIAS ~~i~ f~a~ ~ : CIEkK C ;':U+T :GURT ~ ~~~h/I//~N1N11~N~~~ ~ This Instrument Prepared By •T. H. Roberts, JY. R~CnR~~~` S EJ....--~-- ~ First Federal Savings 8 Loan Association L,4 ~ ~ of Fort Pierce~ Florida? W~ 3 56 PM 7s f : Checked By S eaQK214 ~~E2829 zssos~ ; € ~ E ~ ? f'~ 7 _ LL - _ _ - ~ . :'~dsc ~t. ..g ~ ; ~ - r - `.~a~. ,-.•;n~: - -