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Home My WebLink About0096 3. To plac~ a~d cantir.uously keep on the bui!dinyf now a F.ereafter s;ruate on sa~d I~ntl and on a~l eq~ip~nent and penonally covered by this morty- ~gs, with all premiums thercon ps~d in futl, lire insurance in ~he usual s~andard potity 1orm, i~ a tum approved by 1he MORrGAGEE, and w~nds~orm in3ur~nce in the u~ual ~tanda~d pol;cy (orm, in a aum app~oved by the N{ORiGAGEf, in tuch tompany o~ comp~niss af the MORTGAGEE m~y di~ett; and all iirs and windstorm insu~~nce po1K~e~ on any of taid build~nqs, any intere~l therein or part 1he~eof, in the apgregate wm ~foresaid or in ~xceu thercof, shall contain ~M usual standard mongaflee cia~se w svch oiher clauss at tM Mor~yagre may reqw~~, makinp the Ioa• under sa,d poli~ c~es, each and every. payabte to sa7d MORTGAGEF as +ts ;n~eres! may appear, arx! each and every t~ch policy shall be promptly ass g~ed a~d delivered to eny held by said MORTGAGEE as further security to said mor~gage debt. and, not leu tha~ ten (10) days in advance of the expirat~o~ of each policy, to de- livs~ to iaid MORTGAGEE a renewal thereof, Ioge~Fa with • rece~pt for fhe premium o/ ~uch ?enewsl; snd ~Aere shall be no f~re or winds~orm inturance p~xed on any of said buildings, ~ny interes~ there~n or part thereof, unless in the (orm ~nd w~~h the losa payabte aa aforesaid; and in ~he e~ent sny tum of money becomes payable under such policy or polities wid MORTGAGEE ahall have Ihe opt~on lo rcce~ve and appty the same or~ account of the Indabted- ness secured hereby u to pcrmir ssid MORTGAGORS to receive and use it p any pa~t thereol for oti,er purposes, wiihout the•ro~ waivi~~g or m~pair- ing any equity, lien or right under w by virtus oi ~his mortgsge; and in the event ta~d MORTGAGORS ahall fo~ any reason (ail to keep the said {uemisas so insuret~, o~ fail fo delive~ promptly sny oi said policies oF i~surance to said MORIGAGfE, w fa~l promptly lo pay fully iny premium there~w .or in any respect (ail to per(orm, discharge, excc~te, effect, complete, comply with ~nd abide by this covenant, w any pait l~~eof, taid MORiGAGEE may place and pay fa wch inaurance or aay part the~eof without waiving or affecting any option, tien, equ;ty, w right under or by virtve of tF~is Mwtgage, and the j full amount of esch and every such payment shall be immediately dve and payable and shall bear interest from the date thereof untit paid at the rafe ot ~ nine per ctntum per annum and togrthrr wi~h such interest shall be secured by tha lien of thii rtwrtgage. ~ 1. To permit, commit w suf(er np waste, impairment or deteriorotion of said property ot any patt thereof. ; S. To pay aH a~d singulsr the costs, charges and expenus, including a reasonable artorney i fee and tosts of abshect~ of Ii~le, i~curred or p~id at any time by wid MORiGAGEE, because w in ~I+e e~ent of the fa~lure o~ the parl of the said M~RTGAGOR to duty, promptly and futly perfam, d~scharge. execute, etfeci, complete, compiy w~fh and ab:de by each and every the s~ipula~~ons, agreemen?s, condi~ions, and covena~ts of seid prom7ssorY note and ~h;s t mortgage any w eirher, and sa~d coats, charges and expenses, each and eve~y, shall be immediately dve and payabte; whether w not there b! RO~K! d~ mand, attempt to colled ot sui~ pe~d~ng; and rhe fu~l amounf of each and e~ery s~ch payment shall bear interest from IF?e date thereof until paid ~t the - ~ rate of nine per centum per annum; and all wid costs, charges a~d expenses inturred a paid, together with such interest, shall be setured-by the lien of this ~ rno~igays. i 6. Thpt (a) in the evr+t of any breach of this Matgage or defaul~ on the part of ~he MORTGAGOR, or (b) in the event any of iaid sums of money herein referretl to be ~ot promplly and fully paid within fhirfy (30) days ~ex~ after rhe sams severally betome dut snd payabte, without demand w notice. o~ (c) in the event each and every the stipulations, agreements, condi~ions a~d covenants of sa;d promisso~y note and th~s morfgage any a e~ther are not i~riy, pranpdy and fu11y performed, d:scharged, execvted, effected, completed, compGed with and abided by, then io either w any svch event the said ag- gregate sum mentioned in said prom;ssory rtote rhen remaining unpaid, wit~ interest acuued, and all moneys secured hereby, shall become dua and pay- ab!e forthwith, u thereafter, at fhe optio~ of said MORiGAGEE, as lully and completely as if all of the said sums of money were wiginally st~putated to Ix paid on such day, aoything in sa:d promisswy note or in this Mortgage ro tha cont~ary notwithstand;ng; and thereupon or thereafter at the option of ' said ~WORTGAGEE, w~thout notice or demand, suit at law or in equity, therefwe or tAereafter begun, may be prosecuted as if all moneys secu~ad hereby Yad matur@d phOr to its instilWion. 7. That in the event that at the begin~ing of w at any t~me pending any suit vpon this Mortgage, or to fweclose it, w to refam it, or to enforce payment of any claims hereunder, said MORTGAGEE shall appiy to the Court having jurisdiction thereof fw the appointment of s Reteiver, stxh Court shall forthwith appoint a receiver of said mortgaged property a~! and singvlar, includ~~g a{I and singvlar the income, pro(its, issves and reven~es (rom whataver source derivtd, eoch and every of which, it be;ng e:pressly undersrood, is hereby mortgaged as if speufically ut iorth and desc+ibed i~ the granting and habendum dsuses hereof, and such Receiver shall have all the broad and effective, funct~ons and powers in anywise entrusted by a Court to a Receiver, and ~ s.:ch appointment shall be made by such Gowt ai an admitted equity and a matter of absolute right to said MORTGAGEE, a~d without roference to the adequacy o~ inadequaty- of the value of the property mor~gaged or to the sowency w insolvency of said MORTGAGOR a the defe~dants, and that such renrs, profits, income, iuves and revenue: shall be applied by such Rece~ver actord~ng to the lien or equity oi said MORTGAGEE and the practice of such Courf. 8. To duly, promptty and fully per/orm, discharge, e:ecute, effect, corr~plete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in said promissory note and this mwtgage set forth. , 9. That in the event the owne~ship of the mortgaged prcmises, a any part ti~ereof, becomes vested in s person other than the MORTGAGOR, the l.'ORTGAGEE, it~ s+xceuors and assigns, may, without notice to Ihe MORTGAOR, deat with such successor or successw in interest with reference to ihia rnortgage and the debt hereby secured in the same manner as with Mort a or without in an wa vitiati ~ 9 9 y y n9 or distharging Ihe Mortgagors' lisbility here- ~nder or upon tix debt hereby secured. No sale of ~he premisrs hereby mortgaged and no forbearance on Ihe part of ~he MORTGAGEE w its sutcessws or assigns and no extension of the time fw the paymem of the debt hereby secured given by the MORTGAGEE or its successws or sssigns, shall~operate ro releax, d~scharge, modiFy change or affect the originaT liab~lity of the MORTGAGOR herein, eithe~ in whole or in part. 10. It is specif;cally aqreed thaf time is o( Ihe es:ence of this co~tract and that no waiver of any obligarion hereunder or ot the oblgation se- c~~ed hereby ahalf a~ any time thereafter be held to be a waiver of the terma hereof w of the instrument secured trzrby. 11. In add~ron to the forego ng monfhty paymems of princ pal and interest requ~red by the promissory nore secured hereby, mortgzgor tovenants ; and agrees to pay to mortgagee w~~h each monthly pay~nent an add~rional wm esr~mared by mortgagee ro be egual to 1~"12 af tfie annual cost of the follow- ;ng: A-All ~eal property taxrs levied or assessed agai~st the above described real estate. ? B-Prem~u~ns o~ fire and windstorrn ;nsurar.ce as herein r~*qu~red to be carried on the improvements situate on the above described premises. i C-Premiums o~ s~ch mwtgage guaranty ins~rar~ce as mortgagee shall from t~me to time deem fi~ fo carry on the ban set~ured hereby_ Nbrtgagee s++all frcm time to t~me noiify mortgago• in wriring of the amount due and payable he~eu~der and such sum shall thereupoa be due and ; : ayable on the due oare of the next momhiy paymem and each successive month thereaiter urtil mortgagee shall notify morigagw of a change in such ~^~ount. $uch wms shaii be app:ied by mortgagee toward the payment of reaf oroperry taxes, insurante prem:ums, and moitgage guaranty insurance p,-emiums. ! IN WITNESS 'NHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day a~d year first aforesaid. i i ~ , ealed and d rv red in the presence ofc ~ ~ i ~n ~ j (Ses4 ; _ j . _~jaTl Pi1P V • ~ $.S~llf~[ (~a~ ~ ; sr,aTE o~x Maryland ~ couNnr oF ~ward ~ ss" ! Beiae me personally appeared _Tei'Y'~7 T_ i_a~huk i Marlene V. Lashuk - ` i his wife, to me weN known and known to me to be ~ y rhe individuals described in and who executed the foregoing instrument, and acknowledged before me that they e:ecuted tha same fw,t}~ purposes g ~ . . ; ~ therein expresxd. And the said_ M L"1 png ~j. L,gSj1il~C ~ - t• - s ~ -t . ~ N~~e of the said Tprry .1. LaShillC _ : upon s separsfdvpd~iGsts : :.aminat~on by me taken separate and apart from her said husband, acknowledged to and before me ttwt she executed said inst{ument fraely ai~ vslur~- _ F rarlly and w~tFwut any compulsion, constraint, apprehens~on, w fear of or from her said husband. ~ 1 f?~ . WITNESS my hand and official seal this ~-$t day of J t ~i' ''!i ' .w ` ~ ub ~t~in a~ St ~ F~+ at Large = ~ Rerurn To: My Commissiort expires: ~1RQ~ ' ~f -1-`j4 rj . i First Federal Savings 3 loan Associatian _ I' l" 3 • " . Of Fort Plerte. ~ fort P~erce. florida f/LEC Lhj iT. LUC?£ ':~~l~fTy flA. R~;~: ~ . 3 Pf ~~a k~Er ,'-'ItT Ct~URT ~6 : This Instrument Prepared By ~j . H. RObettS , Jr . ~ ; First Federal Savings 8 Loan Association y..: ~ : ~ of Fort Pierce , Florida ~H~ tZ 43 PM ~13 f r _ Checked By ~rs~`~s~ f 600K ~1.5 PAGE ~ ~ ~ - - - ~ rri~r~~.s_~,a~..~s--~~ ~ ~.:w?T r~ ~