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Home My WebLink About0197 3. To place and con~inuovsb~ keep on thc bui'Jings ~uov o+ tirre~iter a~tuate on sa~d Is~~d and on a!I rqui~~~nrnt ar~d penonally covered by Ihis matg~ ege, w~~h a~l prem~um~ thr~eon pa~d ~n fuli, fue insurance m ~he usual s~andord poi~cy form, in a sum appro:rd by the Me)R(t,AGEE, e~~d w~~~dsto~m inw~ance in the uwat sranda~d pof.cy torm, in • sum approred by the A\ORTGAGEE, in such tompany or tompan~cs as rhe MO~IGAGEE may dirett; and all fire ar.d w;nduorm inwrance policies on any ol sa~d bu~ld~ngs, any iroere?1 ~hrre~n or pa~t rheieof, in the aggrtgate avm aforesa~J or in excess thereof, shali :oroain the uwal standaid ~nortgagee clause w suth otl~er ~tause as 1he Mortyayee may req~~re, ma?ing the 1o~s vnJar sa~d poli- cie~, each and eve~y, pr~able to said A10RTGAGEf as i~a inte~eil may appear, anct each and rvery such nc~i~c~ sha~l be promptly ass yned and de~~vcred to any held by said MOR(GAGEE as fur~her security to said mongage debt, and, no~ less t~an ~en (10! days in advance of the eap~~o~ion of each poficy, ~o dr liver lo said MOR(GAGEE a renewal ~hereof, togethar wi~h a receipt for Ihe pte~n~um o( such- roneava~; and ih~ie shatl be no t~re or wi,~dstorin ins~~ance placed on any of said build~rgs, any intercat there;n or parl thereo(, unless in the iorm and wnh ~he ~osa payable as afuresa~d; and in ~he eve~t any sum of ine~ey brco~~~es payable ur~der such poGcy or pol~c~rs sa~d MORTGAGEE sh~ll have ~he op~~on to rrce~.c dnd appty the same on accoum of the indeb~ed- nris secuied hereby or to permit said MORTGAGORS ~o receive and use it w any part t?,••reof tor uif.••r cse•s, ,v.)i •:~r th: n~ ~v: ;;r ~~~,p.,u- ing any eqwty, iien w rlght undr~ or by v~r~ue ol this moctgage; and in the event sa,d MURTGAGORS shatl for any reason fail to keep ~he said premis~s so insured, o? iail to deliver pranp~iy any oi said pol;ties of insurante to aaid MORTGAGEE, or fad prcmptly to pay f~!!y any prem,~m therefor or in any respect fail to perfo~m, d;scharge, e~ecute, e(fect, compte~e, comply with and abide by this cove~~ant, o~ any p.+rt hzrrc,f, sa~d MuRTGAGEE may p~ace a~ tl pay iw such insuraoce or any p~rt the~eo( witFw~~ warvirg or ai(ec~~ng any option, lie~, equiiy, oe r~ght under a b~ vinue ot th~s Mortg.~ge, and rhe ; full amouM of each and every such paymrm shatl be immediarefy due and pnyable and shall bear interest (rom the da~e thr~eof until poid at ~he ra~e ol • ~une per c~niu~n per an~u~n and to~ethcr wuh suth intc~est shaii oe sewred by the ~ien of this mo~lgage_ " 1. To permit, commit or sufFer no wbste, impairment w deterioration of said property w any part thcreof. 5. To pay all and singutar fhe cost~, charges and expen~es, including a reawnable atrwney's fee and costs of abstracfs of t~tte, incurr~d o~ pa+d at ony time by said MORTGAGEE, because w in the event oi the failure on ~he part of the said h10RTGAGOR to duly, pron,ptly and ful~y p~rfwm, d:schargE. e:ecute, effect, comptete, comp!y wnh and ab;de by each and every tAe stipula~~ons, agreemeros, cond]~~ons, and covcnants oi sa~d prom~ssory note and thls mocegage a~y w either, and sa~d cosb, charges and expenses, each and every, shatl be immed~ateJy due and payable; whe~her w not thrre be no~ice d=- mand, altempt to tollett or suit ce~d~ng; and the full amouM of each and every such paymant shall bea. interes~ from the date thereo) unlil pa~d at tht ~~rt o~ ~tiine per crntum p~r annu,n; and all said costs, charges and expenses incurred o~ pa+d, together w~th such interest, shaN be securrd by the l;en of ~h~s mongage. b. T}u~ (a) in tbe evenf of a~y breach of thia Mwtgage or defaull on the part oi the MORTGAGOR, or (b) in ~he eveM any of sa~d sums of money herein referred to be not promptly and fully paid wnhin th~rty (301 days nex? attcr the same se.eratly beco~ie due and payable, w~rhout demrnd o+ nor+ce, o~ (c) in the event each and eve~y the stipu7ations, agreeme~Tts. conditions and covrnants of sa:d prom~ssory note a~~d ih~s mo~tgage any or eiiher are no~ iu!y, promptly and (ully performed, d.scharged, executed, eifected, compSeted, compiied with and abided tiy, lhen in either or any such evenl the sa~d ag gr~gate sum mentioned in sa~d promissory note then remaining unpaid, with intere;t accrued, and al! moneys secured hereby, shatl become due and pay- ~ ab:e fo~tbwith, or thereafter, at ~he opt~on of said MORTGAGEE, as fully and completely as if alt of the sa~d wms of money were onginally at~pu:ated ro be ~,d on such day, anything in sa:d prem~ssory note or in this Mortgo~r to the contrary notxifhsta•~d:ng; and thereupon ar fhereafter ar rhe op~;on of sa:d MORiGAGEE, withovt nonce or demand, suit at law or in equity, therefore w thereafter Ihrgun, may be prosecuted as if all moneys secured hereby r,~d matvred prior to ~ts inst~tut~on. 7. That in the event that at the beginninq of or at any time pend~ng any suit upon ~his Mortgage, o~ to fo~eclose if, or to reiwm it, or fo enforce payment of any de~ms hereunder, said NlORTGAGEE shall apply to fhe toun having ~urisd~c~~on thereof for the appo~ntment of a Receiver, such Court shal! f~~:~nw~th appoint a receiver of said mortgaged poperty all and sin~u!a~, inctud~ng all and singular ~he income, prol~ts, iss~es and revenues from whateve~ :eurce drrived, each and every of wh~ch, it bcting express~y understood, ia hereby morrgaged as ~t spec~fica!!y ~et fwth and dexribed in the granring and habendum clauses hareof, and suth Receiver shall have all ~he broad and eifective funct~ons and powers in anyw~e•entrusted by a Co~~t to a Recei~er, and r.ch appointment shall be made by such Cowt as an admitted equity and a matter of absolu~e rEght to said MORTGAGEE, and witheuf re(erence ro the adequaq or i~adeq~acy of the value of the propeny mo~tgaged or to rhe so~vency o~ insolvency o[ sa~d MORiGAGOR a the defendants, a~d that such renn, profits, income, issues and revenues shall be appGed by such Receiver accord~ng to the lien w eqviry ot said MORiGAGEE and the pradice of wch Court. 8. To duly, promptty and iutly ptrForm, d;scharge, ezecut., effect, comp!ete, comply wi~h and abide by each and every the stipuiations, agreements. cor,ditiona and covenants ~n sa~d promissory nate and thEs mortgagt set forth. 9_ That in the event ~he ownersh~p of the mortyaged prem~ses, or any part thcreof, becomes vested in a pery~n other than t!+e MORTGAGOR, the ':.ORTGAGEE, in wccessors and assigns, may, wiit,ovt notice to ~he StORTGAOR, deal with such successw or successor in interest w~th reterence to thn r ertqage and the debt he~eby secured in the same manner as with 1llortgagor w~th~W in any way vitiating or d~scharging the Mortgagors' tiabitity herr ~^der or upon the debt hereby sewred. No saie of fhe p~emises hereby mo.tgaged and no forbearance on the part of rhe MORTGAGEE or its successon or assigns and no ezfens~on of the t~me for the payment of the debt h~reby secu~ed given by the MORTGAGEE or its successors or ass;gns, a~~all operate eo re~ease, d~scharg~, mod~fy change or aifect the original liao::~ty of fhe MORTGAGpR herein, either in whole or in par~. 10. h is spec~fically agreed that time is of the essence of this coNract and that no waiver of any obl~gat~on hereunder w of the obligation se- cvred hereby shaL' at an~ time thereafter be hetd to be a waiver of the terms hereof or of Ihe inslrument secured herby. . !n add=fion to the iwego"ng monthly paym~nts of ~nnc"pal and inrerest requ~red by the prom:ssory no!e secured hereby, mor~gagor tovenants 3^d agrees to pay to mo:tgagee with each monthty pay~neN an addnional Sum estn;a~ed by mortgagee to be equal to 1 12 oi the annval cosi of the folfow- ~n:~: A-Att real property taxrs ievie-.-'. or assessed a3ai~st the above described real estate. B P~e:~.~u~ns o~ f~re ar,~ windste+m rnsurar:ce as herein roq~;~ed to be carri~d c.n ~he :mproveme~ts s~tuate on tne abovc d:sv~bed premises. C-Prem~ums on such mwtgage guaranty insurance as moctgagee shall fro-n t~me to timo dcem fit to tarry on the loan secu:ed hereby. Alortgagee s`:ail f.cm nn,e to time not~fy mongagor in ~rit~ng of the amov•,t dve and payabte hereundar artd such sum sha;l thereupon be ~ue and ,,able on th~ d~e oate of the next mcnshiy payment and each svccessive momh tnereaft~r ur,til mcrtgagee sha!I notify mortgagor of a change in wch . ount. Such sums sha:i be app~ied b/ mortgagee toward the pa7nzent of real property taxes, insura~ce prem,ums, and mortgage guaranty insurance i~•e~-niums. IN WITNE55 WNEREOF, ~he sa~d MORTGAGOR has hereunto set h~s hand and seal fhe day and_year first aforesaid. , Si9ned, Sea~ed and delivered in fhe presence of: ~ ~ , i i i• : _ ~ ~ = - % ~ - Seel) ~ . P z E~ nh i r ~~,q _ 1~ f~ • ~ ~ ~ ~ ts~a~~ _ 1`Qlpstg_ M_ ?tlbe heispr (Seaq 1 S1ATE OF F~ORIDA ~ ~ COUNTY OF St . Luc ie ~ f = ~ ~ Before me personally appeared Peter B• Jugenheiaer a~ este . ugen eiaer ` his wife, to me well known and known to me ta be ~ rne ind'+vid~ats described in and who executed the iwegoing insfrumenf, and acknowledged befo~e me that they exec~ted the same fw the purposes ' rherein expressed. And tiu :s~d Celeste M~ .1 enheiaer ` Juaenhei~er ; ::~'e of the ~d~d _ Peter B• upon a sepa~ate ~nd private ' c*imination by me taken separate and apart from her said hus d, acknowledged to an fore me lhat she exewted said instrument~fitely and vofun- j ra~~ly and w~thout any comp~tsion, cc~straim, apprehe n,I ear of or from hei sai hu nd. ' ~ WITNE$$ my hand and offic~a! sea! this- ~ day of L ,.'.~'::ii ~ "14 ~ ; , , ~iP• ~ v . , ' / ~L~ C/ Notary Public in and for the .5tiie p1 ' idi t My Commission expires: t ~ ~ : Return To: ` . ~ P ~ i ~ = • ~ ~ - = FirsT Federa! Savings 3 loan Associal;on . . _ - ; r~ _ - ~ Of fort P.._.~o. . ' : ~ ~C; 3t~R~ ~ O ~ ~ Fort P~erce. Florida • I ~ - ~ 3A ~.'~9~ 1~: !fl<~~ ~ , ~ .._L.> ~ baL~lElS JR f1C : i~ i. 4 ' ~ ' ~ '1 S . ~t~ , . r ' ,JIt`.. Gary R, Ell~rood ,,~"`";,,,~:,F.•>~, This Instrument Prepared By p~ - First Federal Savings & Loa~ Association fILEa ~~'~R iL~- = of Fort Pierce , Flozidr, St•l~~~E ~~41RAS ~ tIER'~ ~ F~dtt COUitt ! `~rS82S1. _ Checked By ~ , `p VERIF~EO ~ ~ 9 ~w ~K'~3 ; BOJIS FAGE ~t7~ sb ~ r ~ ; ~ a~.._. ~ _ a _ ~ . . , < ~ rt ~ ~:s;