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Home My WebLink About0373 3. To place and continuously keep on the bui'dings now o~ herea(te~ situate on said I~nd ~nd on all equ~pment and personsity cove~ed bY this mong- ag~, with all pramiums thercon pa~d in full, fire in~urance in ~he usual smnda~d pa~icy form, in a ium aypro~ad Dy the MORiGAGEE, and winds~or~n insuru~c~ in th~ usual s~a~dard pot~cy to+m, in a s~m appraved by ths MORTGAGEE, in tuch company o~ canpaniss a~ the MORTGAGEE msy di?ech and all fire and w~nditwm iruurance pol;cies on any of said buifdmys, any interest there;n or part tbereof, in the s99regate sum ~fwesa~d or in ~xcau Ihereof, shall confain ths usual srandard mortgapee clause a such o~he~ dauss at ths Mo.tya9ee may requ~re, makirp the Ioss under sa~d poti- c~es, each and every, payable ~o said MORTGAGEE as its i~terest may appea~, and each and every iuch po~icy shali be p~omµtly ifS grt¢d and del~vered to sny held by srid MpRiGAGEE as fu~~har security fo said mortgage debt, and, ~ot leu than len p0) dsys in ad~ance of the expiratio~ 01 each policy, to de- live~ to faid MORTGAGEE a renewcal thereof, togethar with a rKeipt fot ihe p~emivm of such re~+ewal; and there shall be no (~re o? windstor~r insu~ante p~aced on any of said build~r,gs, ~ny interest the~e~~ or parr thereof, unless in ehe forr~ and w;ih tM loss psyabte as aforeze~d; and in ths e~ent any sum of money becomes payable u~der such poticy or pol~cies said MORTGAGEE shall have ~he opt~on to recaive and apply the ume on accoum of ~he indabsed- neis iecured hereby or ro pe~mit ~sid MORTGAGORS ro ~eteive and ua it or any part thereol lor orher purµoses, w~rFwut ~h~+ru~ wa;y;,~g ur ~~,~pa~r• ing any equify, lien w rigb! under ot by virtue of thi~ mo:tgage; ~nd in tl~e eve~t taid MORTGAGORS shall to? any reason fai) to krep the said prem~sra so in~ured, w fai) to deliver promptly any of said policies of insurance to said MCRTGAGEE, a fait promptly to pay futly any pre~nium the~etor o~ in any respect tait to perfwm, d~scharge, execute, eftecr, complete, comply with artd abide by this cove~an~, or eny part hereof, said MORTGAGEE may place and pay fa tuch i~surance or any pait thereof w~thout waiv;ng a affecting any opt~on, lien, equ~ty, w rlght under a by virtue of this Mwtgage, a~d ~he full amouM of each aod every such paymenl shaU be immediately due and payable sod shall bear interest fram ths date thereof unlil paid at the rote ol nine per cc~Mum pe~ snnum and to~ether witF~ such iroerest shaii be secured by the lien of this mortgage. 1. To permil, tommit or suffer no waate, impairme~t w deterioration of said property w any p~rt thereof. S. To pay all a~d singulu the costs, cha~ges and expe~ses, including a rcasonable attwney's fee and costs of abstracts of title, incur~ed or paid et any time by uid MOR~GAGfE, betause or in the event of the feiturc on the part of rhe said MOR1GAGpR to du:y, promplly and fully pe~form, d~uhar9e, execute, effec~, complete, comply w~th and ab:de by each and every the stipvlahons, agreements, conditions, and covenants of said promisaory note and. this mortgsge any or ei~her, and aaid costs, chargcs and expenses, each and eve~y, shall bs immediatety due and payable; whether or nor there be notice do- mand, artempt to collect or suit pending; and the fu!! smount of each and every such payment shall brar interesl from ~he date thereof u~til paid ~1 the rate oF nine per centum per annum; and all said cos?s, charges and expenses inturred or paid, together w~th such interest, shall be setured by the lien of thii ~ mo.tyage. i 6. That (a) in the event of any breach of this Mongage or default or~ fhe part of ~he MORTGAGQR, or (b) ir? the event any of said sums of money ~ herein referred to be nof promptly and fvllY paid within th~rty (30) days nex~ aftei the same severatly become due and payabte, wi~hout demsnd w notice, or (c) in the event each and every the stiputations, agreemenls, condi~ions and covenants of sa:d prom~sswy no~e and th:s mortgaye any or either are not ~ iuly, promptly and fully performed, d~scharged, exccuted, effeded, completed, canpl~ed wi~h and abided by, then in either or ~ny such event the said aQ ~ gregat~ tum mentioned in said promiuory note then re~naining u~paid, with interest .xcrued, and all moneys secured hereby, shatl become due and pay- eble forthw:th, or thereafter, af the cption of an;d MORiGAGEE, as fully and compktety as if all of the uid sums of mo~ey were o.ginslly st~pulsted s to be paid a+ such day, anything in said promisswy note or in this Mortga9e to the contrary notwiths?anding; and thereupon p thereaher at the oplion of f sa;d MORTGAGEE, without notice or demand, suit at taw or in equity, therefwe a thereaiter beyun, may be prosecuted as if atl moneys setured hereby nad mature(~ php~ to it3 in3titution. 7. That in the event that at the beginning o! or at any time pertdi~g any suit upon this Mortgage, o~ to fweclose it, w to re(wm it, or to enfo~ce paymtnt of any claims hereuoder, said MORTGAGEE shalt apply to the Court having jurisd~ction thereof !ot the appo~atment of a Receiver, such Cou~t shall forthwith appoint a receiver ot said mortgaged property al) and singular, includ~ng a11 a~d singula? ~he irtcome, profits, issues and revenues from whateve~ ~ :ource deaived, each and every of which, if being expressty unaierstood, is hereby morrgaged as if specificatly set forth and dewibed in the granring and habendum clsuaes hereof, artd such Receiver shall ?~ave all the broad and eftective fuots~$ps~~d powera in anyw~se entrvsted by a Court to a Rece~ver, and icch appointmcM ahall be made by svch Court as an admitted equity and a rt+atter of absolute right to said MORTGAGEE, and witheut ?efererxe to tha adequaq p inadequacy of the vatue of the property mortgaged or to the so;vency or inso~vency of sa+d MORiGAGOR or the defenda~ts, and that such renrs, profits, income, iasues and revcnues shall be applied by such Rece~ver accord~ng fo the lien or equity of said MORTGAGEE and the practice of such CouA. 8_ To duly, promptly and fully perform, discharge, execute, effect, comptete, compty wirh and abide by each and every tFx stiptilations, agreements, conditions and covcnanri in sa~d promissory note and th~s mortgage ut forth. 9. That in the event the ownersh~p of the mortgaged prem~ses, or any part thereof, becomes vested in a person other than the MORTGAGOR, tlx N,ORTGAGEE, its successwa and auig~s, may, without notice to the MORTGAOR, deal wi~h such successw w successor in interest with reference fo thia mortqage and the debf hereby secured in the same manner as with Mortgaga without in any way vitiating or d~scharging the Mortgagors' liability herr under or upon the debt hereby secured. No sate of the premises he~eby mo~tgaged and no (orbearance on the part oi the MORTGAGEE w its svccesson or assigns and no eatension o( the tirne fw the payment oi the debt hereby secured given by 1lx MORTGAGEE or its succeuas or auigns, shall operate !o retease, d~scharge, modify change or affect the original liab~iity of the MORTGAGOR herei~, eiiher in whae w irt parf. 10. It is speufically agreed that time is of the esxnce of this controct and 1haF no w~iver of any obligation hereunder w of tha obligation se- cured hereby shall at any time thereafter be hcld to be a waiver of the terms hereof or of the instrument secured herby. e i l. in add~tio~ to the fwego'ng month!y paymant= of princ pal and interest required by the prom;ssoty note secvred hereby, mortgagor covenants ~ and agrees to pay to mortgagee v~ith each momhly payrnent an add~rional sum est~~T:ared by mortgagee to be equal to l;'12 of the an~~al cost of the follow- ~ ing: y i A-All real property tazes fevied w aesessed against thc above described real estate. ~ 8-Prem~ums on fire and v~rindstorm insurance as here~n requ:red to be carried on the improveme~ts situate on the above described premises. C-Premiumi on such mortgage guaranty insurar,ce as mortgagee sha{t from t~me ro time deem fit 1o wrry on the Ipao secured hereby. Mortgagee shall from t~me to time notify mortgagor i~ writing of the amovnt due and payable hereunder and such sum shatl thereupon be due and ~,vab~e on the due date of the ne~ct monthty payment and eath svccessive momh thereafter ur.til mwtgagee shall notify mortgagor of a change in such e-~.ount. $~h sums sHaii be applird by mortgagee toward the payment of real Froperty taxes, insurance prem;ums, and mortgage guaranty insurance p~emiums. IM Y~lTNf55 WHERFOF, the said :VIOR7GAGOR has hereunto set his hand and seal the day and year irst sforesaid/.~ igned, ed- and d' ered ' e presence of: / ~ ~ ~ (Sean ~ ~ Harry . Pose ' t-~ ~II~Q 1.~'-` RlCQN E _ r Sea() i 8T.l~UC~~ G~UNfY 4 . ~ ' aq ~ - RO~=~ ~~~~tRA~ r ar 'or e R. Rose _ ' ti iT COURf Seal) ; SiA7E OF FLORI A C`E~ F.~:F ~t1 1 ~ f.RR ' - I COUNTY OF YL~I~ } i~~~ e}~ ~ 2~~(~2~ F~arry S. Rose~R~ ~ Befae me personally appeared ssar;~orie Rose } ~ his wife, to me well known and known to me to be { F the individuals descri6ed in and who executed tF~e fwegoing instrument, and acknowledged before me that they executed the same for fhe pvrposes ! rherein expressed. And the said sia r j~ r i e F. p0 SQ ' N~{e of the said _ HdZYV S~ T~OSQ ~pon s separafe a~d priwte examination by me taken separate and apart from her said husband, atknowledged to and before me that she executed said inst~wnenf ~ely and volun- rarly and without any compufsion, constraint, apprehe ion, or fear of w from fxr said husband. ~"i' WITNESS my Fwrx! and officiat seal thi: ~i day of une t~~~~ , ~ 73 . . ..f:+`~~` ~}~ls~~~}9 ' ~i i ~ .~.~~'1 , ~ , j ; . Notary ?ublic in d fw the 5 e o.~qfy~~ ' - ` My Commiuion pires: , : ` r I' ; : ~ Rerur~ To: . _ ; _ ~ First Federat Savings 3 loan Associat~on ROY V. S:~11TH, ~1R.~: ~~f ~ ' 1- ' Osr~. i Of Fort P:erce. HOTARY Pl18LIC, STA(E o! FIGa:G1~ ~'j:E ~li~ I Fort P;erce, Fbr~da A'Y ~Ob'!~':SS~~N EXPtRFS IAN. 1~~ s o~~7 . E:,,,:,fil By Ar~,erc,.an B.nrEtS ~•"rsu~~pL4 l~.~~(\j'~~f"~J'•. ~ ~ ~_ty•~~ '{'~~,~~n~~'~ ~ V ,~I. •...t\1~~ ' This Instrument Prepared By John Collins • First Federai Savings & Loan Association ' ~f Fort Pierce ~ Flori~ia ~ p( _ • Checked By ~~11~~ 0 p ~cs 8C~'rG~~ t~L~ ~ - - - - - - - - - - _ _ - - - ' , ~ - : ~ ~ ~ ~ y G X ~ ; _ . = ? £ A~+~ ~.f ~ ~ G" ~ >L } ~ ~ ~ ~ ?~''L ~~r ~~~~~fi~'±'~}`t'~~~"'F'~F;x~~},3 x'"~,.~. : . -k~~'~a'c.~