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Home My WebLink About1606 . • . . . 3. To plac~ •nd co~rinuously keep on the bui!dings now w hereafte~ situaa on sa~d lar+d and on aIl equipment and personally covered by thi~ mortg- sge, with •II premiums ~hcreo~ pa~d i~ full, (ire insurance in the usuai startdard poticy form, in • sum approved by ~ha MORiGAGEE, and windstorm insura.~ct in ~he usual ~tandard pol:cy iwm, in a sum app~oved by the MORTGAGEE, i~ tuch company or compsn~es af tha MORTGAGEE may dir~ctt ar~d all (ir~ and winds~orm insurance poticies on any of iaid buildmyt. ~ny interest therein w part thereof, in the aqgre9a~e wm afacwid w tn ~:ceu tFiercof, shall contain ?he uswl standard mat9ayee claus~ or such oihs~ cl~uss u tM Matyagee may rcqu~n, maMirg ~ha loss un~er sa~d poli~ ciss, tach and ev~ry, payable to said MORTGAGEE aa iti interest may ~ppaar, and each ~nd every t~ch policy ahall be promptly ass gned and de~ivered ~o ~ny held by s~~d MORTGAGEE as tur~he~ security to sa~d mwtgage debt, and, no~ leu than ten (10) days in advance of the exp~~alion of each polity, 1o d~- liw~ ro said MORTGAGEE a renewal thereof, together with a reteipl for Ihe pr~mium of such renewal; and Iher~ ~hall bs no fire or windstoim inwrux~ pl~ted on any of said Iwildings, any interesl the~ein or parl thercof, ~nless in ths fam and wlth the loss payable as aforesaid; and i~ the avent any tum of money becanss paYabte under such policy cx polKies said MORTGAGEE ~tiall Mve the opfion 1o reteive and apply the same oe~ account of the indabred- neu ietured hersby w to pe~mit said MORTGAGORS ro rec~ive ~nd us~ it or any part thereof ior othcr purposes, ~vitFwat th~+eb~ waivi~~g a~~~~pa~*- irg any equ~ty, Iro~ w righl u~de~ w by virtw oi this mo:tga9e; and in the event w~d MORTGAGORS shall fp any reason fail to keep the said p~em~ses so insu~ed, a fail lo deliver prompfly ~ny of said polKies of insurancs to said MORTGAGEE, w fail promp?ly to pay fully any pre~n~um thcrefw w~~ +~Y r~ipect fail ro perfam, dixhnrge, execute, effed, complete, comply with ~nd abide by this cove~ant, w sny par~ he~eof, wid MORTGAGEE may plice and pay fot such ins~rance w sny part thereof withoul waiving a affeding any option, lien, eqvity, w right vnde~ w by virtue of this Matgage, and tht full amount of each and erery such payment shall be immediately due and payable ~nd shall baar interest from the date thereof until paid at the ~afe ol nine per centum per annum and together with such interes~ shall be :ecurcd by 1M lien of th~s mortgsge. •1. To permit, commit or suffer no waste, impairmeM w deter`orat~on of said property a+~Y paN the~eof. S. To pay sll and singular ths costs, charges a~d expenses, including a reasonable attorney i fee and costs of abstrads of title, ~~+c~rred w psid at any time by wid MORTGAGfE, because w in the event of the failure on the pan of the said MORTGAGOR to duly, promptly and fully perfwm, d~xharge. executs, effect, complete, con+ply wiih and ab:de by each and every the stiputations, agreements, conditiwu, and covenants of said promissory note and this :natgage any or either, and said costs, chargcs and expenxs, each a~d evcry, sMll be immediately due and paya6le; whether w not there be notice de mand, attcmpt to to~lecl a suit pcnding; and the full anwurtt of each and every such payment shalt bea? interest from 1he date thereof until paid at the .ate of nine pe~ centum per s~~~um; and all said cosss, charges and expenses i~tvrred or paid, together w~th such interest, thall be setured by the lien of thif mortpage. 6. That (a) in the event of any breach of this Mwtgage or defautt o~ the part of the htORTGAGOR, w(b) in the event any of sa~d sums of money herein refared to be not promptly and fully paid within thirty (30) days nexl after the same severally become due and payabte, without demand w notice, or (c) in the event each snd eve?y the stiputations, sgreements. conditions and cavenants of sa:d promissory note and th~s mortgage a~y w either are oot ~uly, promptly and (vlfy perfwmed, d~scharged, executed, effected, completed, compl~ed with and abided 'ay, then in e~ther or any such event the said a¢ gregate sum mentaned in said promissory ~?ate then rema;ning unpaid, with inte~esl acuued, and all mooeys setured hereby, shall besome due and pay- eble twthwirh, or thereafter, at the opt~on of said MORTGAGEE, as fully and completely as if aIl oi the said wms oi money were aginally tt~pulatcd to be paid on such day, anything in w~d promissory note or in this Mortgage to the contrary notwithstanding; and thereupon w thereaiter at the option of said MORTGAGEE, witAout notice or demand, suit at law or in equity, therefore o? thereafrer begun, may be Frosecuted ss if al) moneys secured hereby had matured pnor to its irotitution. . 7. That in the event that at the beginning of or st any time pending any suit upon this Matgage, or to fweclose it, or Io refwm it, or fo enforce payrrKn? of any ctaims herrunder, said MORTGAGEE shall appty to the Court having jurisdiUion thereof for the appointmcnt of s Reteiver, such CouN shall Forthwitl~ ~ppoint a ~eceiver of said mwtgaged properly all and singular, inctvd~ng all and singular fhe incone, profits, issues and revenues fro+n whatever scurce derived, each and every of which, it being express~y understood, is F+treby mo?tgaged as if speuficalty xt (orth and desuibed in the granting and habendum clauses hereof, and such Receiver shaf~ have a~l the broad and effective funct~ons and powers in anywise entrusted by a Cour1 to a Receiver, and :uch appointment sfiall be made by wch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy or irtadequacy oi the val~e of the property mortgaged or to the sotvency o? insolvency of said MORTGAGOR w the defendants, and that such rents, profits, income, issves and ~evenues shal~ be applieei by s~ch Receive~ according to the lien w equity of said N10RTGAGEE and the p~actice of such Court. 8. To duly, promptly and fully periorm, discharge, execute, effect, complete, comply with and abide b~ each and every the stipulations, agreements, conditioro and covenants in sa~d promissory note and thls mwtgage set forth. 9. That in the event the owne.ship of the mortgaged premises, w any part thereof, bemmea vested i~ s penon other than the MORTGAGOR, fhe h1QRTGAGEE, its succeuws and assigns, may, without ~otice to the MORTGAOR, deal with such successw or successor in interest with reference to this mortgsge and the dabt he~eby secur~d i~ the same mannet as with Nbrtgagd without in a~y way vitiating or dixharg~ng the 1Aortgagors' liability Fxrt :,nder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbcarance o~ the part of the /110RTGAGEE or its successors or auigns and no exlension of the time for the payment of fhe debt hereby secured given by the MORTGAGEE or its successors or auigns, s~wll operate ~o releau, discharge, modify thange or affect tlu orig~nal liab~lity of the MORTGAGOR here~n, eitlxr in whole w in part. 10. It is spec~ficaily agreed that ttme is of the essence of this contract ar+d that no wsiver of any obligat~on hereunder w of the obligation ae- cured hereby sha10 at any time thereafter be held to be a waiver of the terms hereo( o? of the ins~rument secured he~by. I1. In add~tio~ to the forego:ng monthly paymsnts of princ'pal and interest required by the prom~ssory nore secured hereby, mortyagor tovenanfs and agrees to pay to mortgagee with each mon~hiy payrnent an add~rional sum es~~ma~ed by mwtgagee to be equal to 1 j 12 of the an~ual cost of ihe follow- ~ng: A-Atl real property taxes ievied w assessed against thc above described real estate. B-P?emiums on iire and windstorm insurance as here~n ?equired to be carried on the ~mprovements situate on the above described premises. ' C-Premiums on such mutgage guaranty insurance as mortgagte shsll fiom t~me to time deem fA to carry on the loan secured hereby. ; Mortgagee shail from t~me to time notify mortgagor in writ~ng of the amount d~e and payable hereunder and such sum shall thereupon be due and E F.ayable on the due date of rhe next manthty payment and each successive mo~th thereafter ur.tit mwt~gagee shatl notify mortgagor of a change in such E a~ount. Such sums sF.ali be applied by matgagee toward the payment of real property taxes, insurance prem.ums, and mortgage guaranty insurance ~ premium3. _ ~ IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his har.d ar.d seal the day a ea first afwesaid. ~ _ - _ Signed, Seakd and delivere{~ in the pre~sr+ce of: ' ~ ' Sea4 ~ ~ • r-~, ~ RO I O . @ , a4 ~ _ ' • (Seaq ~ Doria J. M elli ~x,~ STATE OF FIORIDA ~ ~ Luc ie couNn oF St. Before me perso~ally appeared ROSBZ~! J Milelli a~ DOZ1S .T. Milelli h;: W;f~, to me well known and known to me to be rhe individuals described in and who executed the fo~egang instr~ment, and MIUIOWIC~(JCd 60fMO me that they executed the same for the purposes rherein expressed. And the sai' ~ris J• Milelli ~ Rosario Milelli ~pon a sep~r~te end private ,Nife of the said - ' ~ examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed said instrument and voiun- raril and without an com Ision, constraint, a rehens~on, w fear of w from her said husband. "T~•`~ ~ . ti ~Y Y WITNESS my hand and official saal this ~ I 9tb day o June ~;J .'~`~{'s~%•.~ *a `~'73 ~ _ ~ ~5 Y ~ • i~r ~ c - fi ,~fdotary Public in snd for the woE ida~i`Lary~' '"~j ~ ~ i~ ~y?y C expircs: ~ • L;'•: . , ~ ~ Return To: NQrARY ~t3~:1~, Srtll~E q~`RO A qt~ARCE ~ ~ First Federsl Savings d. loan Assotiation ~ 11Y CO~,~'1 I@Y ~PIgfS ~.~4 ',1~5 Of Fort P:erce. fl~p ~Np RE C~~~, aonaea rR'~eyew ~psura~ unQec~:~js. ^w :,,.a ~~~;~e. `:o:;~a =.tl~~E C0~1M~g f1 a ROGER PfltS ~VaT ~ Js ~5~'; ERK Cir.CU1S C ~ ~~~•'IT ~ ~F C1. ~Eq1f1E0 ; , RE~~~~ u . . This Insirument Prepared By Jo~ h1. COllins ~Q ~ yl P~~ g; First Federal Savings 8 Loan Association ~ , . ort Pierce~ Florida 1~pv ~ js ~ Checked B ~ 0 ~t n~ '"~JY $~OiI PA6f ~~UJ ~ - 7f ~ • . . ' ' . . ~ i~ . . ~ _ _ ,..tiv ~ - 1 - ]i-._^. Ta' . . _ . r_. ~2.~, '~.t~a