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Home My WebLink About2331 To plue and continuously kcep on Ihe bui!d~r~gs now w hereafter ~ituate on :a~d Iand and on al~ equ~p~nrnt and perionally covered by thi~ mortg~ sg~, with ~II p~emivms ~hercon pa~d m(ufl, f~re insurance fn the ~~ual uarxtard po~~cy lorm, in ~ sum aFprored by the MORiGAGEE, and winduo~m insv~ence in ~he usual uanda~d pol;cY form, in ~ sum approved by the N10RTGAGEE, i~ such tompany or co~npan~es as tha MORTGAGfE m~y direU; ~nd all fire and w~nd~~orm insura~ce poliues a? any of aaid bu~~d~rgs, any in~e~es~ ~tierein or pa~l thereo(, in Ihe s9grega~e wm •fpesaid a in eatess Ihcreof, iMll contain the us~al standsrd matgaqee clause or such other c~ause +s the Mo~tgages may rcqu~re, makiny the loss unde~ ~a~d po1~ c~es, each and every, payab!e ~o said AIORTGAGEE ~s in in~eres~ may appear, and each and every svch po~icy shall be prompNy ass gned and de6vered ~o any hekl by said MURiGAGEE as turthe~ security to uid mor~gage deb1, and, no1 leu than ten (101 dayi in advance of the eYp~~stion of each pol~ty, lo da Gve~ to sa~d MORiGAGEE a renewal Q~ereol, toge~hH wi~A ~ rece~pt fa the prem~um o1 such renewal; and ihere i~+all be no i~re or w~nda~ofm iniurancs placed on ~ny of sa~d bv~ld~ngs. ~ny interoa~ there~r? o~ part thercof, unleis i~ the form end w~~h the Iou payable as afaesatd; and ~n the event any sum of money becomes payable under such policy a poGcies said MORiGAGEE shall have the opt~on to rece~ve and apply the same on account of the i~ideb~ed- neas setuted hereby or b permif said MORTGAGORS to rKeive and use it w any part ~hrrcof for oti~cr cw~•oses. ~:.~iho~t ~h_•~ol .vi~•~~y a~ unPau- irg ~ny eqvity, lien or righl u~de~ or by virtue of this mo:tgage; and in the eve~t ~a:d MORTGAGORT shall tw any reason fail lo kecp the sa~d premisrs w ~nsured, a(ail ro del7ver prompfly ~~y of sa~d policiea o) insurance ~o sa~d MORiGAGEE, or fa~l promptly to pay fully any pre~nwm therefo~ or in a~y . reipect fail ~o perform, d~scharge, e:ecutt, elfecl, comp~e/e, tomply with and abide by ~his core~an4 0~ any pan htreof, sa~d f~1GRiGAGEE may p~ace snd ; paY fp such insurance or any part thereo( without w~iving o~ affetting any option, lien, equity, or righl under or by virtue of this Mcrtgage. and the iull amount of each and eve~y such payment shafl be immediately due and payable and shall b.~ar interest from the date thereof until pa~d at the rate of nine pe? ce~tum per annum and to~e~her with such inrereft shali be secured by the lien of thii mortgage. 1. To permit, commit or su(fer no waste, impairmeM a dcterioration of said property w any part lhereof. 5. To pay all and singutu tF~e costs, cMrges and cxpe~xs, i~clud~ng a reasonable attwney's fee and costs of abstracts of tiHe, incur?ed or paid at any time by sa:d MORiGAG:E, bccause or in the event of the failure on the part of the said MORTGAGOR to duly, promptly snd fully perform, d~xharge. execute, effcct, comptete, comply w~+h and ab:de by each and every the atipulaf~ons, agreements, cond~tions, and covenants oi sa~d promiisory note and ~hii mo.tgage any w either, and sa:d cosrs, charges and e:penxs, each and every, shall be immed+ately due a~d payable: whe~her w net ~here be notice de mand, attempt to collect ot suit pending; and the full amount of each and every suth paymenl shall bea. interest from the date thereof until paid at the rate of n~ne per centum per annarn; arw~ all said tosts, charges and expenses inturred or paid, together wdh such interest, shall be setured by the tian of this mortpa9e. 6_ Thst (a) in the event of any breach of this Mortgage or default on the part o( the MORTGAGOR, w(b) i~ Ihe event any of sald sums of mor?ey herein refared to be not promptly and fully paid within th~rty (30) days next after the same ~evera:ly beco~ne due and payabte, without demand or notice, or (c) in the evcnt each and every the stipulations, s9reements, cond~t7ons and covenants of sa.d promissory no~e and th~s mortgage any or either are not ~uly, promptly and f~lty perfwmed, d:uharged, eaecuted, eEfected, completed, compi~ed w~ih and abided Sy, then in e~ther o~ any such event the sa~d ag ~regate wm mentioned in said promissory note then remaining unpsid, with interest accrued, and alI moneys seeured hereby, sha~l become due and pay- ab+e forthwith, w thereafter, at the o~!ion of sa~d MORiGAGEE, as fully and completely as if all of the said sums of money were wig~nally s~~pufated so be pa~d on such day, anything in sa;d prom~sswy note or in thia Mortgage to the contrary notwi~hstanding; and thereupon or thereafter a~ the op~~on of said MORTGAGEE, w~theut not~cr or demand, wit at law or in equity, therefore or thereafter begun, may be prosecuted ss if all moneys secured hcreby nad matured pr~w to ~ts insGt~tion. 7. That in the eve~t that at the beginnirg af or at any timr pending any suit upon this Mortgage, or to foreclou it, w to reform it, or to enforce payment of anr daims hereunder, said MORTGAGEE shatl apply to the Cou~t having jur~sd~nion thereof for the appo~n~ment of a Rece7ver, such Court shail forfhwirh appoint a receive~ of said mortgaged p~operty all and s~~+9uisr, includ~ng all and s~ngular the income, prol~TS, issues and revenues from whatever :nu:ce derived, each and every of wh:ch, it be~ng expressty understood, is hereby mortgaged as if spec~fically set forth and desuibed in the granting and habendum clauses hereof, and such Receiver shall have all the broad And efFective funci~ons and powe~s in anywise entrusted by a Cou~t to a Receiver, ar,d s.,ch appointment shall be made by such Court as an admitted rquity and a matter of absotute r~ght to said MORTGAGEE, ar.d without reference to the adequacy o? inadequacy of the value of the property mwtgaged or to the sa~vency or insolvency o! said MORfGAGOR a the defendants, and that such re~rs, proffts, income, iuves and revmues shali be applied by such Rece~ver accord~ng to the tien or rq~~ty of u~d MORTGAGEE and the prauice of svch =ourt. 8. To duSy, p.omptly and fully pe~form, d~scharge, execute, effect, complete, comply with and abide by each and eve?y the stipulations, agreements, corxlitions and covenan:s in sa~d promisswy note and this mwtgage set fw~h_ 9. Ihat in the event the owr+ership of the mortgaged prem~ses, or any part thereof, becomes vested in s person other than the MORTGAGpR, the 410RTGAGEE, ih wccessors and ass~gns, may, withoot notice to the MORTGAOR, deal with such successor w successor in interest wi~h reference to this mortgage and lhe debt hereby secured in the sartx manner as wi~h Mortgagw without in any way vitiating or d~stharging the /~Aortgagori liabitity here- under or upon the debt hereby secured. No sale of the Frem~ses hereby mortgaged and no torbearance on the pari of the MORiGAGEE or its successws or asig~s and no e:te~s~on of the t~me fw ti~e payme~t oi the debt hereby secured given by the MORTGAGEE or its successors er au+gns, ahall operate ro re+ease,~d~scharge, modify change or affect the origmal liab~l~ty of tne MORTGAGOR Fxrein, either in whole or in pa+t. 10. It is speufically agreed that time is of the esxnce of this contract and that no waiver of any obligation hereunder or of the obligat'an sr cvred F~eby ihaff at any time thereafter be he!d fo be a waiver of the terms hereof or of the insuument secured herby. li. In add.r[o~ ro the fwr9o"ng month!y payments of p.incpal and interest requ~ced by the prom:ssary ?o!e secored hereby, mortgagor covenants ar.d agrees to pay to mortgagee v~~eh each mo~fhiy payment an add~rional sum esnmared by mortgagee to be equal to 1/ 12 of the annua~ cost of.the follow- ~:,g: A-All real property taxes lev~ed or assessed agai~st ~he a6ove described reat estate. ~ B-PreT.~ur.es on f~re and windsro~m ir.su~arce as herein requ:red to be carried on the ;mprovements sitvate on the abcve described premises. ; C-Prem~um.s on wch mortgage guaranty ir.surar,ce as mortgagee shall f~om t me to t~me deem fit to ca::y on the toan sewred hereby. i Nlortgagee shail from time to t~me norify mortgagor in w.iting of the amount due and payable hereundrr and such sum shail thereupon be due and ~ F ayablr on the due oa!e of the neat monrh:y payment and each successive month thereafter ur.til mortgagee shatl notiFy mortgagor of a change in such ~ a~-:ou~t. Such sums s~a:l be app(ied by mertgagee towa.d the payment of reai property taxes, insurance prem.ums, and mortgaga ~guaranty irtswance premiums- E IN VVIiNE55 '1~HEREOf, the sa~d MORTGAGOR has hereunto se! his hand and seal the day and year {irst iwesaid. , Sealed a:~d deliv in the presence of: - al) ~ _ (Sesl) ~ . , ~ Seaq ~ Mildred C. CYOgI n ~~ai~ STATE OF FLORIDA ~ $L . I. t1C 1@ 55. COUNTY OF Befwe me penonally appeared Jerome T C20nhnn and Ml.~dt~ C. Czoghan his wife, to me well known and known to me to be the individuals described in and who executed the foregoing instrurtKnt, and acknowledged befwe me that they executed the same fot !he purposes rhn«~~ ~x~.~xd. ~d ~?K said Mildred C Croghan ~:{e of the said JpTr~se T Crea~nn - upo~ a separate aed private ~ e,aminat~o~ by" me talcen separate and apart from her said husband, atknowledged to a~d before me that she executed said instrument freely and volurr ~arily and witt~quf +hy corr~pulsion, constraiN, apprehe~sion, w fear of or from her said husband. W~L1ES514My iyAnd snd offiual sea! this_~- day of `1u~ A. D. 1973 ~ . _ - _ ~ . ~ /Q A ~ro~ 1 ~ _ 4;f E_ Notary Public in and for State of Florida at large •K; _ ~,Z F7 Y~•. My Commiuion expires: - Retvrn=~o: ~ ~ = fitst Fede~t ,~'v~s i loan Assoc~at~on ~ Qf, F~ t P:erca ~iMery /trbie. ffeN ~i R~Ara ~f torN • ` tf~}I~l2rc f,(or~da ~1Ap Conawis~on E~ifM Od. ~0. 1976 ~ ~ , ~n~~ by Am~ricon RIN f~ Co~volly C~. ~ . - . ~ ~ Gar F. Ellwood ~ This Instrument Prepared By Y f1LEO 1?~ID RfC~RDEO First Federal Savings 8 Loan Association sT. ~UCI~ ~OUMjY F~A. ~ of Fort Pierce fi06EF P~tiSR~S ~ , Florida ~~ERK CI'CUlT COUR7 Checked By p~rpF7 VE~~ftEO.~...~1 ~ s~ r~r~ Z1 3 s4 PM'73 ~ R~1(~.1~ i?~~.~ ~rJ~z7 sb ~ - ~ ; - - - - - ~ iy ~ ~ z ~ ~ -s.~ ~ ~ ~ ~ _ ~ ~ ~ ~:t, ~d"c5. 7,~, o „ s~ a ~ ~ ~ ~ . , r-~~~ r-=~-~~s