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Home My WebLink About2722 . 3. ~o plac~ and continuoualy I~eep on the bw'.lu:gs nuw or he~ealtr~ a~rvete on s~~d ~and a~d on all eqvipmeM and persona~~y covered by this mwrg~ sg~, w~th all prrn~~~ms thrreon pa.d ~n fuli, fire ir.wrence ~n thc ~suat s~anjard po!~~y form, in a s~m a4pro+ed by the MORiCaAGEE, and w~~dstorm insurance in ~hs uaual ~tandard pol~cy fam, in a swn appiovrd by the MORtGAGff, in such tompany o~ com~~an;es aa the MORiGAGEE m~y duect; and all tire ar.d w;ndstorm insurance pol~cies on any of sa~d bu~Id~ngs, a~y interest therein or part ihereof, in Ihe aggregate sum •foresaid w in eacess thereof, shall to~ta~n the us~al sta~~da~d moregagee clause or such o~her ciause as the Mwtgagee may requ~re, maAing thQ loss u~dr. sa~d poli- c;es, each and every, payabte to sa~d 610R?GAGEE aa ~rs +n~crest may appear, and each and eve~y such po:icy shall br promptty ass gncd and dr~~~vrrd ro any held by sa~d MORIGAGEE as tunher sec~rity to sa~d mortg~ge d~bt, and. nat tess than Ien (10? days in adrantt of the expiiation of each poNcy, Io dr liver to said MORTGaGEE a renewal ~hereof, toge~her with a receipt (or the p~rmwm of such renewal; and ~here shall be ~o Gre or windatorm insurance plated on any of said b~~i!d~ngs, any interest therc~n or parl thereof, unless in the (onn and w~th the loas payabte as atoresaid; and in the event any sum of money becomes payable undor such policy or poLcies s~id MORTGAGEE ahall have ti~e opno~ ~o receive aud apy~y the same o~ accoum of the indrbtrJ• nrsa secured he~eby w ~o Fe~rnit sa~d rAORiGAGORS ~o recaiva and use it or any parl i1~_~eof tor uth••r ~,uiF oses, .•.~~h~~~t ~h:., ur .va~-i c. ing any cqu~ty, Gen w riyhl unde~ o~ by vinue of lh~s morr9agc; and in ~he event sa~d A{ORTGAGORS shall [or any reason fail to keep ti~e sa~d premisrs so ~nsured, or fail Io delive~ prompify any of sa~d poliues of insurance ro sa~d MOR1vAGEF, or fail p~omptly to pay iully any pre~~~~um therelor or in any respec~ fail ~o per(o~m, d~scharge, executr, efiecf, complete, comp~y with and abide by th~s cove~an~, or any pari hrreof, ~a:d MuRiGAGEE may place a~~o pay fw such insurance or any part the~eof w~thout waiving or atfecting any option, l;cn, equ~~y, or r~ght under w by virtue of this Mor~gase, and ~he tuli amount of each and e.ery such paymenf shall be immed~ately due and payable and shall bear interest from the date thereol until paid at ~he rate ol mne per centum per annum arid to3rthr~ witA wch inrr~st shal~ be s~cwed by the lien oi Ihis morfgag@. 4. To pe~mit, commit or suffer no waite, impairment w detrrioration of said prope~ty w any part thereof. 5. To pay all and s;ngular the cosls, charges and expenses, inc(uding a reasonable atrorney's fee and coses of abstratts of title, incurred or paid at any time by so~d MORiGAGfE, because w in ~he event of the ia~turz on the part of Ihe said MORTGAGOR to duly, promptly and fu1ly pe~lorm, d~scharge. e.ecute, etfect, tomplete, comply w~th and ab de by each and every the atipv~a~~ons, agreen~eny, conditions, end cove~enrs oi said promissory nota and th~i :rortgage any w erther, ar.d sa~d cosrs, charges and expenses, eash and eve~y, shall be immed~ately due and payable; whether or not there be no~ice da mand, attempt to co~lect or suir pendmg; and the futl ameunt oi each and every svch paymem shall bea. interest from ~he date tnereof u~til paid at ~he :.,sr of n;ne Ner cemum pcr an~w:~ , ond all said costs, cf~arges ar.d expeuses incurred or paid, together avrth such interest, shall be secured by the lien of th~s mortgage. 6. That (a) in the event of any breach of this Mo~tgage or defrult on tl,> part of the MORTGAGOR, or (b) in the event sny of sa:d sums of mo~ey herein referred to be not pro~nptly and fut~y paid wifhin ~h~rty (30) days ne,cr aSre~ ihe same severally beca-ne due and payable, without demand or notlce, or (c) in !he event erch and evrry the stip~'at~ons, agreemems, conditions and covenants ot sa~d promiswry note and th~s mortgage any o~ e~ther are nol ~u:y, prom~tiy and lutiy perfo.r„cd, d,sc'r~arg~d, exewted, e+fectrJ, comp:eted, complied wi~h and abidecJ '~y, then in e~ther or any such event the sa~d ag gre9ate sum mentioned in aaid prom~ssory nore then remaie~ing unpa;d, witA intere,~ accrued, and all monrys secured hereby, shall become due and pay ablc fo~thwith, w thereafter, at the opf~on of se~d MORIGAGEE, as fully a~d completely as il all of the sald sums of money were onginally st~p~~ated ro be pa~d on such day, anything in sa.d prom~ssory note or in this Mwtgage to Me conrrery noew~thara~d~~,g; and th~re~pon or thereafter at the op~~on of s.~:d MOR?GAGEE, without nonce or demand, suit at law or in eqwty, sherefore o. 1l~~eafter begun, may be prosecuted as if all moneys secured hereby n~d matured pnor to ~ts institut~on_ 7. That in the e~ent that at the beginnl~g of or at any lime pending any su~t upon this Mortgage, or to foreclose it, or to refo~m i?, or lo cnforce paymen! oi any dahns hereundar, sa~d ~dQRTvAGEE shal~ app!y to ~he Gourt havi~g ~wisd:ction thl~eof for the appo~ntment of a Receiver, such Court shaq f~rrhwith appoint a ~rceiver of said mw~gage~d prope:rty a~l and sing~lar, in~lud~nq at1 and si~g~{ar the income, prof~ts, iswes and revenues irom wh3~ever s:•~;ce derived, each an3 gvery of wh.ch, It be~~~g eapress~y vndersrued, is }erQby martgaged as ~f spec~tically set forth and dexribed in the graroing and F::,i~endum c~a~,rs hzreof, and wch Rcceiver shail havr all the broad and effechve funct.ons and powers in anywise emrusted by a Cowt to a Recriver, and s..ch appointment shall be made by svch Court as an ad:nitteci equity a~~d a matter of absolure rlght to sald MOR)GAGfE, and wi~hout reference to the t~lea~,cy a inadequacy of Ihe value of the property mortgaged or to the so:vency or insolventy o( said MORTGAGOR pr the defendants, and that Such re r.s, profits, income, issues and revenues sha4i be appiied by wch Receiver accordu~g to the l~en or equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully pe.iorm, discharge, execute, eifect, cornpiete, compty w~~h and abide by each and every the stipulations, agr~¢ments, :onditioro and covenanrs in sa~d prom~ssory note and th:s mortgage set forth. 9. ihat in the event the ownersh;p of the mortgaged pren,ires, or any part thereof, becomes vesled in a person other than the MORTGAGpR, the !~'.ORTGAGEE, its successors and ass~gns, may, withour no~;ce to the A10RTGAOR, deal with such successor or s~ccessor in interest wiih re(erence to this n.orrgage and the de6~ hereby sewred in the same ma~~ner as wiih Mortgagor witho~t in a~y way vit~ating or d~scha~ging the Mortgagors' liabilny here- u~der o. upon the debt hereby sewred. No safe of the prem~ses hcreby morrgaged and no forbea~ante on the par~ o~ the IAORTGAGEE or its successors or ass~gns and no ex:e~s~on of the nme ior the paymem of the deb~ h~reby sx~red given by the MORTGAGEE or its successois or ass:gns, ahalt operate to reiease, d~scharge, modify ~hange or affect the origmal I~au~tny of ~he M.ORTGAGOR herein, eitFxr- in whoie or io part. 10. It is speufica!ly agreed that t~.ne is of the essence of this contract and that no waiver of any obl;gat;on hereunder or of the obligation se- cured hereby shali ar any tin:e rh,:reafter be hvid to be a wai+er of the terms hereof or of 1he instrumeM secured herby. I1. In acid.r~o~ to the forego ng n~onth'y payments of pr~nc pai and interest req,u~red ay the prom:ssory no~e secured hereb~, mortgagor eovenants snd agrees to pay to mortgagee v.~th each r:~onrh'y payr:ent an adJ,rional s~m rst~ ceted by mo:tgagee to be eq~ai to l; 12 of the annua! cost of fhe fol3ow- r~y: A-All real property tax_s lev:ed or assessed ag~~~ist me above desa~b._d r~-al es~ate. ~ 8-Prem~:,ms on f~r~ and vr~~:ds~ec~n ~nwra~.ce as nere;n rc•yu~red to be carri~d cn the ~mp.ove~ne~~s s~tuate on !he above described premises. C-Premiur.:s on wch martg<ge guaranty ir.sura~.ce as mo-~gagee shaii from eme ro i~me deem tit to carry on the loan secured hereby. Matgagee shaf~ f~om time tc time r.cNfy rt or~yegCr in v,rr~~ng of ~he a,rount due and payable hereundrr and such sum shall thcreupon be due and ;,yabte on the d~e uorP of tn~ next ~no~th!y payme.~t and eacn successive rno~t~, thereafter ur.~ii mortgagee shatl notify mo:tgagor of a change in wch • o~nt. Such sums sFa:! be aFpiied by mongag~.e to+.ard the payment of reaf prcperty taxes, insurance prein:ums, a~id mo~igage g~a~anty insuranGe ~ oremiums. IN V11iNE5S lVHEREOF, the sa~d ORTGAGOR has hereunto set his hand and seal the day an year first aforesaid. Si ed, Seal delivered ' tfie presence of: J( - Seal) ` 8 J ck aeg (seaq ' ~ ~1 ~ cs~an ; /Ruth Ya er ; . tSeaq , ~ STATE OF F~Oa :Ye'N York t ` ~ u ~OUNTY OF ~l~Lb~CR~Ft~~-1~ ~ . S ~ Before me perwnally appeared - .laCIC .T• Yaeaer and ~ _ Ruth Yaeger • - his wife, to me welt known and known fo me to be ; rh~ individuats described in and who executed the for oin instrument, and acknowledged before me that they executed the same for the purposes s +here7n expressed. And the sa~d__~.__ ~u~b Yaeger y r~~fe of the ~d~a Jack J, Yaec~er , upon a separate a~d private ; e¦am~nat~on by me taken separate a~d apart irom her sa~d husband, acknowledged to and before me that she executed said instr~ment freely and volun- ~ ra-~ly a~d w~thout any co~~pufsren, consvafnt, apprehens:on, or fear of or from her said husband. # ' WITNESS my hand and officiai seal this_ _ day of Y _ q_ p, ~q 73 ± - ;i , ~ry Public in and tor the State of Fbrid 4 rge ; y Commission expires: Reru~n To: ' , ~l i. ~'i?././_~ First federa) Savings 3 loan Associat:on ~n~ ~Jf Fprt P ~.rc.,. - ~ ' . . fort P~,rree. flo.~da , ~ , f ....-7~~ r ~ ~ .~.~•'y ~ ~ ~::~~u s ~:dn1. ~u. i~)I J ; f11E0 nyC kECOR0E0 . , This Instrument Prepared By J. H. Robetts ~ Jt. ST. tUC1E CbUNT~ F~A. ` First Federal Savings & Loan Associa~ion ROGc?t "rO~iflAS 1~ ` _ - . _ CIERx "~~sGUi~ CQURT ~ . - - $ . of Fort Pierce~ Fiorida ~ r•~., ~,t-F;F~E4 : ; ' ~ R•f- _ - - - ? u Checked By - JUL Z f' S~ ~i1'73 - : ~ . - _l. 4~ ~~t~ F!!r_ 25 / ~S~ . ~ _ s ~ ~ _ _ _ _ _