The URL can be used to link to this page

Home My WebLink About0367 3. To place and condnuously keep on the bui'd~ngs now or 1ie~eolter s~tueie on sa~d land and oo a~f equ~pmen? and penonalfy co.e~ed by ~h~s mong- ege, wilh ell p~emiums thereo~ pa,d in fuli, fire iniura~ce in ~he uwal staudard po~ity form, in a sum approved by the MORiGAGEf, anJ w~ndsturm insuraoce in the ~sual srandard pol:cy fo~~n, in a wm appio.ed 'oy ?he MORTGAGEE, in such co+npany or compan~es aa the MORTGAGEE may d~recl; and all (ire and w~ndstorm insvranca polic~es on any of said build~np~, any inte~est therein or parl thereof. in Ihe aggrega~e sum alo~esaid o~ in satess the~eof, shall contain the usual standard mo~tgagee clause or such orher dause as ihe Mortgagee may itqwre, making ~hr ~oii unJrr ~.~~d pola c~es, eacA and every, payab!e to said MORTGAGEE as ~ts inirresl may appea., and cach a~d every su.h po!~cy shall be promptiy ass gned and deGY.:~rd ~o eny held by said MORfGAGEE as further security to iaid moregage dzbt, and, not tess Ihan ten (10) days in advance oi ~he expiration o( each po7~cy, to dr Gver to said MORiGAGEE a aa~ewal U~ereof, togethe? with a rece~pl for the p~emium ol such renewal; and ~hrre shall be no f,re ur wu~dsw~~n insurance p~xed on any of sa~d b~ild~ngs, any i~terest therein w parl fhereoi, u~~Ieas in ihe form and w~~h the loss payab~e as afo.esaid; and in the eYent a~~y sum of money brcomes payabfe u~der wch policy w poGcies seid MORTGAGfE shiil have the opt;on to recrne a»d apply ~ha same on account of ~he inJ~btrd- nesa secured he~eby or to permn sa~d MORTGAGORS lo receive and use it or any parl ih~reof fo. ori~•~r ~.urF_osrs, v.,thu.~~ ~h:•. ,•a~.~ y o~ ~~,.,~.,~r- ing any equity, lien o? ric~ht under o? by virtue of thii mo~•gage; snd in the event sa~d MORTGAGORS shatl for any reason fail to keep fhe said premisrs so ~nsu~ed, w isi) to deliver prpnplly sny ot said polities ot insuran~e to said MORiGAGEE, or fait promptly to pay fully any prc~»~um therefo~ o~ in any retpetl fail lo perform, discharge, e:ecure, effecl, con,ptete, comply with and abide by this coven~nt, or any part hr~eof, sa~d MGRTGAGEE may p~ace a~~d pay for such insurance o~ any part thereof wirhouf waiving or affetting any opNon, lien, equ~fy, or right under w by v~rtue oF this Mo~tgage, and the full a~no~nt of eath and every suth paymeM shall be immcdut~l~1 due and payable and shall bear int~rest }rom tha date the~eof until poid a~ the ra~e of nine pe~ tentum PCf Annum end toge~her w~ih suth interest shalf be sew~ed by the lien o( this mortgage. 1. To permit, commit w suffer no wasfe, impaiiment or deterioration of sa~d property w any pa~t thereof. S_ To pay all and sing~lar the cost~, cha~ges a~d e~per.ses, intluding a reasonable attwney's fee and costs of abs~racts of titte, incur~ed or pa~d at any time by sa~d MORTGAGEE, because a in the event of ~he fa~lure on the par+ of the said A10RTGAGOR to duly, pron,ptly and futly perform, d~scharge. ~.e:ute, etfed, complete, comply with and ab;de by each and every the sti{wlanons, agreernents, conditions, and covena»ts of said prom~asory note and this n,ortgage any or eirher, a„d sa~d costs, chargea and expenses, each and every, shall be im~ned~a~ety due and payable; whether w not thrre 6e not~ce dr mand, attempt to col!ect or suit pend~ng; and ~he full amouM of each and every such paynieN shall bear interest from the da~e thereof unril paid at ehe ~.~:e o~ nine per cenr~m p:r ana;,m; aod all said costs, cha:ges and expenses incurred or paid, together w~th such interest, shall be secured by the lien of Ih~~ mertgage. 6. That (a) in the event of any breach of this Mortgage or default p~ the part of the MORTGAGOR, or (b) in the event any of said sums of money here~n referrrd to be not p~omptly and fully paed with'en th,rty 13p) dsys new~ after ~he same severally become due and payabte, without de~nand or nouce, or ~c) in Me event each a:id every the stipu~ations, agreemeros, condit;ons and covenants of sa,d promissory ~ote and th~s mortgagc any or e~~her are not july, prompNy and fully pertormed, dacharged, executed, effected, compteted, complied wirh and ab~ded Sy, then ~n e;fhe? o~ any such event Ihe sa~d ag g~egate sum memioned i~ said promissory note then remaining unpaid, with interesl accr~ed, and all mo~eys secured hereby, shall be;ome due and pay- abie forthwith, or thereafter, at the opr~on of said MORiGAGEE, as fully and completety as if a~l of tt,e said s~ms of money were or~ginally st~pu:ated ~o be pa:d on such day, anything in sa;d promissory note oi in this Mortgage to the contrary notwi~hstanding; and there~pon or ~hereafte~ at the op~~on of sa~d MORTGAGEE, w~thout nonce or demand, :uit at law w in equ~ty, the~efore or thereatter brg~n, may be prosecuted as if all moneys secured hereby n~d matured pnor to ~ts institution. 7_ ihat i~ the event that at the beginni~~g of or at any time pending any suit upon th~s Mo+tgage, o~ to foreclose it, or to reform it, or to enforce payment of any claims hereunder, said MORTGAGEE shall apply to the Court havirg jurfsd•~tion thereof ior the appointmeN of a Rece~ver, such Court shall torthwith appo~nt a recei.er of said mortgaged property all and singular, in:i~d~ng all a~~d sinqu~ar rhe incoR~e, prol~ts, issves and revenues from wharever s~urce derived, each and every of arh~ch, it be~ng expressly understood, is hereby mongaged as if speu(icaliy set forth and described in the 9~aming a~d h3bendum clauses hereof, and such Receiver shall have all the broad and effect~ve funct~ons and powers in anyw~se emrusted by a Court to a Recciver, and s.,ch appoin!ment shatl be made by svch to~rt as an admitted equify and a maner of absetute right to said MO4iGAGEE, and w~tho~t reference to the adayuaq or i~adequac~ of the va!ue of the property mongaged or to the soNency or ~nsotvertcy o( said MORiGAGOR or the defendants, a~d that s~ch re~rs, profits, income, issues and revenues shall br appiicd 6y sucA Receiver accerduig to the lien or equity of saed MOR7GAGEE and the practite of such Court. 8_ To duty, promptly and fuily perfosm, discharge, execute, effect, complete, comply with and abide by each and every the stipuiatians, agreements, cond~tions and covenants in sa~d promisaory note and thls mortgage set forth. 9. That in tFe event the ownersi~ip of the mortgaged premises, ar any part thereof, becomes vesled in a pe~wn other than the MORTGAGOR, ihe M.ORTGAGEE, its successors and ass~gns, may, without notice to the MQRTGAOR, deal w~th such successor o? successw i~ interest with reference to this n,ongage and the debt hereby secured in t6e same manner as ~~i!h /dortgago• w~thout in any way vitiating a d~scharg~ng the Mongagori tiabiliry herr under or upon rhe debt hereby secured. No s~le of the prem~ses hereby mo~tgaged ar.d no iorbearance on the pan oi ~he /dORTGAGEE or its auccessors or assigns and no e:tension of the time for the payment of the debt hereby sec~red given by Ihe NtORTGAGEE or i:s successws or ass~gns, ahall operate !o release, d~scharge, modify ~hange a a(fect the orig~~;al Iiab~l~ty of the MORTGAGOR he~ein, eithe? in wholr a in part. )O. It is speuficatly agr~ tha? time is of the essence o! this contrad and that no waiver of any obl;gat~on hereunder or of ~he bfl ?iyation se- cured herrby shail at any time thereafter be held to be a wairer of the terms hercwf or of the instrumenl secured herby. ' I 1. In add,tioa to the forego ng monthSy payments of princ pal and inferest required by the prom~ssory no~e secured hereb~, mortgago~ covenants a~d agrees to pay to mo:tqagee n~rh each monehly pay.~cent an add~rional sum es~unated by mwtgagee ro be equal to 1' 11 of the ann~at tost of ihe follow- n A-A~t real property taaes lev~ed or assessed a9ai~~st thc above descr~hed reat estate. ~ B--PrCCruumS On fve and wfndsrorm ins~racce as herein requ:red to be carried on the improvements s~t~ate on the above described premises. C-Premiums on such mortg;ge guaranty ins~rance as mortgagee shal! from t:me to rime deem fit to carry on the loan secured hereb~_ Mortgagee shail frcm time to nme notify mongagor ~n writ~n9 of the amo~~t due and payable he~eundrr and such su n shall thereupon be due and :.,~able on the dve date of the neat month:y paymem and each successive month thereafier urtil mcrtgagee sha!I ~otify mortgagor oi a change in such ovnr. Such sums scaN be app!ied by morrgagee ~oward the payment of rea~ propeny taxes, ins~rance prem:ums, and mortgage guara~ty insurance ~~•emiums. IN Y~ITNESS .~HEREOF, the saed MORTGAGpR has hereunto set his nand and seal the day and year first aforesaid. Signed, Sea!ed and detive ed i~ the p~esence of: ~ ~ n e i 1 0!~ 1}~--C.~.( tSeaq ''4 ~ Jo Rolle c c5ea~) ~ lSeal) - ~ _ . Rosa Rolle ~~a~~ SiA7f OF FIORtDA ~ COUNTY OF SL . LAC16 ~ 1 Before me personaily appeared Joe1 ROlle and Rosa Rolle his wife, to me well known and known to me to be t'r~e individuals described in and vrfp executgd ~F~ foregoing instrument, and acknowledged befwe me that they executed the same for the purposes th<_rein exprossed. And the sai~. ~zOSa RO 1 Vv~fe of the said Joel 1~0116 upon a separate and private exam~~at~on by me taicen separate and apart irom her said husband, ackno~xledged to and before me that she executed said instrument f~eely and volun- ranly and withovt any corripyfsan, constraint, appre^hens~on, or fear of w from her said husband. V}fITf3E5$:ny•Aerrd'and.`oEficial seal this__ v~ ~ day ot '7~e ~ - , A. D_ 19 73 v~ -v ',r t ji4y• ' ~ • , Notary Publ~c in and for e State of Fbrida at large ~ yr• ~ ~ • My Commission expires. - ' `li~etum Io: ~ F:f~t Fe~~l ~~i~sl~ ~ Association - v Of Fort f:kr~ pM~ry ?ubG~, S1~h ef Ptorido d l~~ For}'PS~tp:~ lo>ft~= ~ MY Cornrn:ssion Expins Ocf. 30, 117~ f'+:~:il:., •~-.i-d •-a•, i~rr 6 f~tvolh Ce. This tnstrument Prepared By JOht~ W. Collins ST~LUCAC COUMTYRF~A. First Federal Savings 8~ loan Association ROCE~ ~t?:;R~s of Fort Pierce ~ Fdloiida CLE~K Ct~CUlT COURT RECORR L~E. tr~ Checked By ~ „ ~~L ~ ~0 26 aM ~r~ eooxzl6 PA~f 367 258394 _ _ ~ ~~~"~~;s ~ --w; ~ _ . „~3 ~