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Home My WebLink About0464 9. To place and contlnua,siy keap on the bu~!d~n~s now a hereaftcr utwte on sa~d ~snd and on all equipment snd persona~~y covered by ~hi~ ma~g- sg~, w~~h all premluma ~hereon pa~d in lull, f?e insurance in the uiual sta~dard po~iq form, in • sum appro~ed by the MORiGAGEE, and w~nds~orm ~n~urant~ in ~hs ususl sranda.d poi~cy fam, in a ium sµp~oved by the MORTGAGEE, in tuch canpany or cwnpan~es as ~he MORTGAGEE may dirKtj ~nd ~II iir~ and w~rulstorrq insurance po~iues on any of said build~ngi, any interest ~herein or part thereof, in the aggre9aie sum aforesaid w in eacns thereof, shal{ conta~~ the usuat standard mortgagee dause a tuch o~her ciauu a~ th~ Mwlgagee may requ~re, m~~inp the loss ur,der ~a~d polr c~es, escl? and every, payab~e w saiJ MORTGAGEE at its interezt may appear, and each and every such po~~q ~haU be prorr.p~~y ass gneJ and de~~vered to any held by w~d MORiGAGEE as funher security to said mortgage deb~, and, ~ot leu than ten (10) days in ad+ance of ihe exp~ratio~ of each pol~cy, to dr liver to wid MORTGAGEE + renewal thcreof, Iogethe~ with a receipt fa ?he premium of tuch renewal; a~d there she:l be r+o f~re or windsto~~~ ~~~urance placed on any of said bui~dings, •ny interest thcrein o~ part thereof, u~lrss in the fo~m and with the ~oss p+Yable as ~fo~esaid; and in the evcn~ any sum of money becanes payable ~nder such policy or pol~cies said 1NORTGAGEE shall hava the opt~o~ to recr+ve and ~pply the san,e on account of the indebted- neis secured hereby a ro permit said MORiGAGORS 1o receive and ~se it p any parl thereof lo~ ou~er purNcses, v.~~houl th_~cu~ wawi:~g or ~~~~po~r- ing any equ~ty, lien w ~i9ht u~der or by virtue oi this mo::gsge; snd in 1he avent sa~d MORTGAGORS iha~l fa any reaion fail ~o keep the sa~d premisrs so insurcd, a ftil fo deliver promptly s~y of said polKies of insurante to said MORTGAGEE, ot fail promptly lo pay luily any prernium therefor or in anY reipect fail fo per(orm, d~scharge, execute, eifed, comp~e~e, comply with and ab7de by this cove~ant, w any pait Ixreof, said MORTGAGEE may ptace and pey fa such insurancs or any part thereof without waiving w•ffectin9 any optio~, lien, equity, or right under w 5y virtue ol th~s Mortgage, +nd the ~ full ~mount o( each and every such payrtunl ~hall be immediately due and payable and sfiall bear interesl from tho Jate thereof untit pa~d at the rate ot y nine per tentum pe~ annum and to3elher with such interest fhall be secured by the lien o( ihis mortgsge. ~ s 1. To permit, commit or sufier no wsste, imp~irrtxnf o~ deterioration of said property or any part thercof. : S. To pay +11 and singutar the costs, charges and expenses, inc{udi~g a reasonable attorney's fee and costs of ah~trads of title, incurred or paid st eny time by said MORTGAGEE, because u in the event of the fa~lure on the par~ of the said MORTGAGOR to duty, prompNy and fully pe~fwm, d~scharge, eXrcute, efFect, complete, comp~y wnh and ab:de by each and every the stipu~anons, agreenxMts, conditiw~s. and covenanta of sa~d prom~ssory note and ~his mortgage sny o~ ei~her, and aaid cosb, charges and expenses, each and every, sMll be immediately due and payab:e; wFu~her o~ not ~here be nonce de mand, ~ttempt to collect w suit pcnd~ng; and ?he iull amou~t oi each and rrery such payment thall bea. interest from ~he date thereof until paid af the ~ate o~ nine per centum per ann~m; and all said cous, charges and expenus incurred a paid, together w~th such interest, shall be secured by the lien of tha mwtgage. b. That (a) in thr event of ~ny breach of this Mortgsge o~ default on the part of the MORiGAGOR, a(b) in the event any of said sums of money herein referred ~o be not promptly and fu!ly paid w~th~n th~rty (30) days next after the same severally bccome due and payabk, wi~hout demand or notice. or (c) in the e~enf each and every 1he stipulatiau, a9reements, cw+ditions and covenanfs of sa:d promissory no~e and th~s mo~tgage any or either a~e ~ot iuly, promptly and fully performed, d:xha~ged, executed, eifected, completed, compl~ed wi~h and ab~ded Sy, then in e~~her w any such event tAe sa~d ag gregate sum mentaned in said promissory note thzn remaining unpaid, with ir.tereit accrued, and all moneys secured hereby, shall become dve and pay e~ie fathwitA, a ~hereafter, at the option of sa]d MORTGAGEE, as fu11y and compleuty as if all Qf the sa~d sums oi money were o~ginally s~~pu~ated to be patd on such day, anyfhing in sa:d prom~ssory oote w in this Mortgage to the contrary noew3thstandlog; and the?eupon or thereaite~ at ~he optlon of i said MORTGAGEE, without notice or demand, suit at law or in equ~ty, therefwe os thereafter beyun, may be prosecuted as if all mo~eys secured hereby nad matured pnw to es instiWteon. 7. ihat in the event that at the beginning of or at any time pending any su~t upon tfiis Mortgage, or to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGA6EE shall apply to Ihe Court having jur~sd:d~on thereof fw the appo~ntment of a Receivrr, suth Court sha~f • Forthwith appoint a receiver of said mortgaged prope~ty alI and singular, ~ntlud~ng all and singular fhe income, prof~ts, iss~es and revenues from whatever ( scurce derived: each and every of wh~ch, it be~ng express~y undentood, is hereby mortgaged as if sprt~(icaily set fwth and dexribed in the graming and ~ habendum clausea hereof, arx! such Receiver shal? have all the broad artd effective funct~o~s and powers i~ anywise entru~ted by a Court to a Receiver, and s~ch appointmero shall be made by svch Court as an ad~nitted eq~ity_ an~+ a matter oi absolute right to sait! MORTGAGEE, and withoul reference lo the adequaty or inadequacy of Ihe value~of the ptoperty mortgaged or to the soivency or insolvency of said IVIORiGAGOR w the defendants, and that such renfs, profits, income, iss~es and revenues shalf be applied by such Receiver accwding to the lien or.equitjnofruid MORTGAGEE and ttx pract~ce of such Caurf. 8. To duly, promptly and fully perform, d~scharqe, ezecute, effect, complete, comply w~rh and ab~de by each and every the stipulations,, sgreements, conditions a~.d covenants in sa~d promissory note and this mortgage set forth. 9. That in the event the ownership of the mor?gaged premises, a a~y part thereof, becomes vested in a person other than the MORTGAGOR, the h10RTGAGEE, its successors and assigns, may, wifhout notice to the MORTGAOR, dea! with such successor w svcceasor in interest with reference to this mo+tgage and ~he debt hereby setured in the same manner as with Mortgagw w~thout io arey way vit~ating or d~xha~ging the Mottgagors' liability hert under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no 4orbearance on tt~e pact of the MORiGAGEE w its successors cr assgns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its succeasws or au~gns, s~~all operate ro releax, d~uharge, modify change w a(fett the original liability of the MORTGAGOR here~n, either in whole w in part. 10. It is specifically agreed that time is of the essence of this tontract and that no waiver of any obligation hereunder or of the obligstion se- cured hereby aha11 at any time thereafter be he:d to be a wa~ver of the terms hereo( or o( the instrument secu~ed herby. - 11. In add:tio~ to tfie forego'ng monthly payments of princ pal and interest required by ihe promissory no~e secured hereb~, mortgagor tovenants ar.d agrees to pay fo mortgagee v~ith each monthiy pa~inent an add~rionai svm esrmated by mortgagee to be eq~al to 1;' 12 of the annual cost of the fotlow- ~n~: A-All real property taxzz lev~rd or asseased agai~st the above descr~bed real e:tate. ' B-Prem~~ms on fire and windstorm insurer.ce as nereln requ~red to be carried on the ~mprovements situate on the above described premises. C-Premiums o~ such mortgage guaranty insura~:ce as mort9agee shall from 1~me to time deem fit to carry on the loan sec~red hereby. Mortgagee shail from time to t~me notify mortgagor in w~iting of the amount due and payable hereunder and suth sum shall thereupon be due and 't F ayable on the due date of the next month!y payme~t and each successive mo~th thereahcr ur.til mortgagee shaH notify mortgagor of a change in such f a--ouN. S~ch sums sF.aJl ~e app:ied by mwtgagee toward the paymem of real property tazes, insurance prem;ums, and mortgage guaranty insurance f p~emiums. . ~ IN LYITNESS `NHEREOF, the said MORTGAGOR has hereunto set his har.d and seal the day and y r f' st aforesaid ~ ~ Signed, Sealed and delivered in the presence of: ~ a 'Z ($es~ . Chestez C. Ch er Sr. ,n ' ~ / Chaaber s • s~an Nanc . se,q ~ S7ATE OF FLORIDA ~ SS. ~our,rY oF St. Lucie ~ , eefore me personally appeared Chester C. Chaabers $Y • and N~f Cr L.. Chaaber s his wife, to me well known and known to me to be the individuals described in and who executed the foregoing instrument, and atknowledged beforo me that they executed the same fw the purposes therein expressed. And the s~~d Naney L. Chaabes~ r,ife of the said CheSt@= C• C11d~b@ts $Y • ~pon a separate snd private examination by me taken separate and apart from her said husband, scknowkdged to and before me that she executed said instrument freely and volun- ~ tarily and without any cnmputsioo, constraint, apprehen ~on, or fear of w from her said husband. ~ WITNE55 m~e ha~~ efficial seat this- dsy of 'T~e A- 19 73 ~ a r.~~, - ~ 1``~~~I~N~III~ry~~~I ;'~~f , ~ ~ CJ Z~.~~~i~'~'• Notary Public in and f r the State of Florida ef large _ ? .~~~~~~I~~ 1 / ~ ' : - • ' ' ~i ' My Comm~ssion expire r,j ; ` ~ ~ e~yrg Ta:~'~'~' 4= Fr;t~`Fld~~ngsl ~ ~an 7lssociation `s' l~ f.-F `~~er NMary Ii F:. Sr~A ~f fl~„d~ y tarr ; g~ = ~ C~-` - ~Ily Comm'si on Expins Ocf. 1l76 Y:; ~ ~erce. ~orfdr, : ~ - z . ~ : bnd~d by Am~.kon F~.. a c.~h c.. ~ ; p ~ ~ L,: . c.; : ~.f.. . ~ -,.s~ . ~ 4 ~ FItED ah~ dEC~9DED ~ - ~ ST.IUC?E ~,OUNTYF~/. ~ This=ln~t~Rient Prepared By ~1. H. RobeZts~ JY. ROC~.= .')t7R~5 ~ ~ First Federai Savings & Loan Association C~EFr~ ; pc~ , J~~ COURT ~ ~ . of Fori Pierce, Florida ' `'E~-~~ ~ ~ Checked By ~1 9 33 AN ~7~ r¢. ~ o R 2~r~ ~acE 2564'?'9 } ~ ~ooK 462 ~ ~ dz ~ - - - - - ° ~ .-Y . .:S w:~',.- , xg~`.~ ~ ~ 3"~~ ~}n``~' ~ ~ ~~~3 : i "~';g-v u--'~ -~i c`~ ' `~'sY-.cx r w . . ~ ~.~r~ S , ~s,