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Home My WebLink About0090 To place snd continuouely leep on fhe bui:d~ngs now w hereaf~er situate on sa~d land and on all eq~~p,rent anct person~ity cove~ed by thi~ mong- sgs, wilh all premiums thrreon pa~d in fuN, fire insv~ance in ehe usua! standard pol~ty form, in a sum approved by the MORiGAGEE, and windstorm insu~a~ce in 1he usua) sfandard pol~cy (or~n, in a sum approvcd by the MGRTGAGEE, in such compa~y or con~panies as thf MORTGAGEE m~y di~KiJ ~nd all fire and w~~dstorm insu~ance polic~es on any of said buitd+nqs, ~~y inrerest ~herein or pan ~hereol, in !he aggrepate tum ~faeuid o~ !n txte~s ihe~eof, ahaU contain ths usual standard ma~gages clause w such other clsuse as the Ma~gagee may requ~re, maAirq ths ~osi uade~ sa~d po1F des, each ~~d eve~y, payab~e to said h10RTGAGEE as ~ts in~erest may appoar, and each and eve~y such poii<y shail be promptly ass gnCd a.~d deliverrd to any hefd by said MORTGAGEE as furrher secu~ity to iaid mo~igaye debt, and, nof less ~han tan (10) days in advance of the expiral~on ol each policy, ~o dr liver to said MORTGAGEE a renewal tfiereof, togethsr with a receipt fw the premium of such renewal; and there shall be no f~re or wirtds~o+m inivrance p~aced on any of said buildings, any interest ~hcre~n a part thereof, u~less i~ tht fo~m and with the loss payable si aforesaid; end in the evenf any sum of money becomes payable under such politl or polK~es said l~10RTGAGEE shall have ~he optan to rece~ve and apply the same on accounl of the i~debted- ncu secured F?areby o~ to permit said MORiGAGORS ~o ~cceive snd use it w any part thereof for otner pur~,ases, w~if,out tha~. u~ waivi•~g or unpair- ing any equ~ty, lien or right unda or by v7rtue of this mo~tpsge; ~nd in the event sa:d MORTGAGORS shall fw any reaso~ ta~) to keep the said prem~ief so ~~avred, w fsil to dciiver promptly ~ny of said polKies of insurance to said MORTGAGEE, a fail prompfly to pay fully any prem~um ~hereia or in a~y respect fail fo pe~form, discharge, execute, eHect, complete, camply wifh and abide by this tovenant, w any part her~of, said MORTGAGEE may piace ~nd ` pay fw such insurance or any part thereof without wsiving w sffecti~g any op~ion, lien, equ~ty, a r~ghf under w by vi~tue u( this Mw~gage, a~d thc i tull amou~t of each and every such paymenl shall be immediately due and payable and shall besi interest from ehe date thereof unril paid at the rate ol i nine p~r cenrum pe? annum and to~ether with suth interest shall be secured by the lien of this mortgsge. 1. To permi?, commit or suffe~ no waste, impairment or dete~ioration oi said pro{xrty or any part thercof. S. To pay all and singular the costs, charees and expe~ses, including a ~easonable attwney i fee and costs of ~bstracts of title, incurred w paid af ; eny time by said MORIGAGEE, because or in the evenl of the faifure on the part o( the ssid MORTGAGOR to duly, pro~nptly and fully perfam, diuharge, execvre, e(fecf, complete, comply w~th and ab:de by each snd evrry the st~putai~ons, sgreements, conditions, and covenann of said promiuory note and ~his matgage any o? either, and sa~d cosh, charges and expenses, each ~nd every, thall be immediately dve and payabte; whether a nar there be nof~ce dr mand, attempt to collrct or s~it pend~rg; and the fu!! amount of each nnd e~ery such payment shall bear interes~ from the date thereof until paid at the .o~e of nine per centum per anuum; and aU sa~d costs, charges and expenzes incurred or paid, together w~th such interest, shall be secured by the tien oi tha mortpaga . 6. Thaf (a) in the event of any breach oF this AAortgage or default on the part of the MORTGAGOR, or (b) in the event any of sa~d sums of money hrrein referred to be not promptly and fully paid within thirty (30) dayis next atter the same :evcra~ly become due and payable, withovt demand or notice, or (c) in the event each a~d every the st~pula~~ons, a9rcements, cond~fions and covensnta o} sa.d promisso~y note and th~s mortgage any w eitlKr ue ~ot iuly, promptly and futly perfo~med, d~scharged, executed, effedad, completed, compt~ed with and ab~ded Sy, then in e~~her w any such event the u~d ag ~ gregate sum mentioned in said promissory note then remaining unpaid, with interest sccrucd, and atl mo~eys secured hereby, shall become due and pay- ab!e fo~tl~with, w thereafter, at fhe opt~on of said MORTGAGEE, as fully and canpletely as il all of the sa~d sums oi mo~ey were or~ginafly ttipulated to be patd o~ such day, anything in sa:d prom~ssay note or in this M«tgage to the comrary notwirhstanding; and thereupon or therea~ter a1 the oplion of sa~d MORTGAGEE, without ~ohce w demand, suit at law o~ in equity, tlurefwe or fhereafrtr begun, may be prosetuted es if all moneys secu~ed hereby had matured pner to its inst~tutwn_ 7. That in the event that at the beginnirg of or af any time pcnding any suit upon this Matgage, a to foreclou it, or fo reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shatl apply to the Court having ju~isd~ction thereof for the appo+ntment of a Receiver, such Covil shall icr~hwith appoint a receive? of said mortgaged property al{ and singula?, includ~rg al! and singular the income, profita, istues and revenues from whatever seurce derived, each and every of wh~ch, it being expressty unders~ood, is hereby mortgaged as if specifically ul forth and dewi6ed in the g~anting and habendum clauses hereof, and such Receiver shall have a!! rhe baoad and effective funct~ons and powers in anyw~se entruated by a Court to a Receiver, and s:.ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, end w~thout reference to the adequaty o? inadequacy of the value of the property mwtgaged or fo the so~vency o~ insolvency oF said MORTGAGOR or the defendants, and that svch ~ents, piofits, income, issues and revenues shali be appl~ed by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, d~scharge, execute, effect, complete, compty with and abide by each a~d every the st~pulatione, agreements, conditions and covenants in said promisswy note ared th~s mortgage set forth. ` ~ 9_ That in the event the ownership of the mortgaged premises, w any part thereof, be~omes vested in a pcrson other Ahan the MORTGAGpR, the MORTGAGEE, its successws and ass~gns, may, without notice to the MORTGAOR, deal with such sutcessw o? successor in interest with reference to this mortgage and the debt hereby secured in !he same mannea as with Mongagw withoul in any way vitiating or discharging 1he fAortgagori liabitity herr under or upon the debr hereby secu~ed. No sale of the premixs hereby mortgaged and no forbeara~ce on the par~ oi the MORIGAGEE or its successors o~ ass~gns and no extension of the time for the payment oi the debt hereby secured given by the MORIGAGFE or i?s successors a au~gns, ahall ope~ate ro reiease, discharge, modify change o~ affect the original IEab~{ity of the MORTGAGOR ixrein, either in whole or in part. 10_ It is specifically agreed eha~ ti~ne is of the essence of this contract and that ~o waiver of any obligation hereunder or of the obligation se- cured hereby aha~l at any time ther~after be heid to be a waiver of the terrtes hereo( w of the instrumenf secured herby. ' 11. In add.t~nn to the forego'ng mo~thly payments of p.inc pal and inreresr required by fhe promissory note secured hereby, mortgagor covenants and agrees to pay to mortgagee v.ith each month!y payr,;ent an adduional sum est~n:ated by mortgagee to be eq~al to 1;' 12 of the annual cost of the follow- ng: A-All real property taxrs levfed or assessed agai•ist thc above described real estale. • B-Premiums on fire and winds!orm insurance as nerein raqv;red to be canied on the improveme~ts s~toate on the above d=scribed ptemises. C-Premi~ms on such mortg;ge guaranty ir.sura.,ce as mo:tgagee sha{I fro~+s t~me to t~me deem f~t to carry on 1he Ioan secured hereby_ Mortgagee shall from time to t~me nottiy mortgagor in writ~ng of the amount due and payable hereunder and such sum ahall thereupon be due and c.ayabte on the due date of the next month:y payment and each successive month thereaf~er ur.til mortgagee shall notify mortgagor of a change in such a~-:ount. $uch sums sFail be appl:ed by mortgagee toward ihe payment of real property t6xes, insurante prem;ums, and mortgage guaranty insurance p~emiums. IPi WITNf55 V'JHEREOF, the said MOR7GAGOR has heieunto set his har.d and seai the day and year first aforesaid. ' ' ned, Sealed and delive~ in the presence of: ~ ~ ~ ~ C ~ _ ~ ~cs....-,-,.~- rSeal) vid A. RoBettbaut ~~aq ^~r ~~BeaO _ Patricia P. Rosenbau¦~ ,~a~ I SfATE Of FLORIDA 1 • - ` c~uNrr oF St. Lucie ~ ss. ; ` 8efere me personally appeared David ,.s~:~' ! ! Patii[~la P~ Regeeha~ his wife, ro me wefl known anaf~~k~vn~ip~~to ~'i~ ~ the individuals described in and who executed the foregoing instrument, and acknowiedged befwe me tKat they executed the 3arhi {~f~.1t?V putpol~ ` Patrfcia P Roseubazs ` ~ = therein expresud. And the said . Q. - , ` David A Rosenbau~ ~ Q• ~ r' = : N~fe of the said • _ ' e,camination by me taken xparate and apart from her said huaband, acknowledged to and before me that she exetuted said n~ mebt ~ d y~l~'u'rt: -~a' , ~ ranl and without an com utsion, constraiM, a • " Y y p pprehens~on, or 'fear of or from her said husband. ~ June : :y"~.~ 73. : : WITNESS my hand and official seal this_ 4 day of pQ~~, ~ ~ i % _ C,(/~.V'C~:•. ~T'-...^~ , Notary Pubtic in and for fhe State of Flon s~114~~e,NM My Commission expires: _ ~ t~~ Retum To: ' ~ ' first Federal Savings 3 loan Assotiation ~ c;~.^-,t~r, at LARt,'~k' ~ r~~ r ^ $'.'.TE t' Of Fort Pe:ce. . . ~9]1 Fo~t Pierce. Florida .'lv i;:t.J iiI l. . i Fllfp Ah:' ^.EC~~ ` This (nsirument Pre ared B ST. LUCiE ;~Jli'f'~ F~• t ? p y J. H. Roberts Jr. RG~~ =~~`~~S ~ First Federa) Savings & Loan Association ~ ~~ERt i..•.tJ!T COUB~ + of Fort Pierce ~•7Z• RFr~,a.~ ;;F =Ecr I+l ~ Checked By ~ ~ ,k~i 1 l2 43 PN'T3 BG01( paGE c7U , ,~5~2S1 ~ _ i_ _ ~ ~s ; . _ _ . . _ _ , ~.x~: