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Home My WebLink About1893 To place a~d coni~nuously kcep o~ the bu~'dinqs now a~ hereafter utua~s on se~d land and on all equipment usd ps+sonally covered by ~his mw~q~ ags, with •11 premiums Ihereon pa~d in full, fire iniu~ance in the usual f~andard poticy form, in • tvm approved by the 11RORTGAGFE, end w~ndstwm ~~iurance t~ tM ~susl standard pol.cy (am, in a sum app~oved by fM MORiGAGEE, in iuch canpany o~ compen~cs ai ~h~ MORTGAGEE msy d~reth +nd all fire and windstorm insuronce poficies on •ny of iaid build~nys, any intere~t 1he~ei~ w p+~t thereof, i~ tFN ~g~reyate sum ~fwasaid a in exceu thereol, shall cu+tain the usual ~~andard mor~ga9~e cla.uu a ~ucA o~her claus~ as tM Mwtyayee may ~cquus, ma4inp tt~s tos~ under sa~d po~F cie~, each and every, payab~e to said MORTGAGEE as its interesl may appear, and e~ci? ar+d svery ~ucA po~~cy ahall be prw*~p~~y +ss.gncd and delive~ed ~o any held by said MORTGAGEE as further ~ecu~ity to sa~d mortyaye debl, snd, r?ot leu than ~sn (10) dayt in advante of ~hs eapir+tion of each poticy, ~o d~- liver to said MORTGAGEE a ~enewal thereof, tog~~her wi~h a rxeipt fw the premium oi iuch renewal; and then shall bs no i+rs or wlnds+or~n iniuru+ce placed on ~ny of tsid buildings, any interest there~r? w pa~t ~hereoi, unle~s in the (orm ~nd with tM loss payable as aforesaid; an~ in tM evenl any tum o! mw~ey becomet payable unda such policy or po~rcies said MORTGAGEE shall havs the oplion to receive and app!y ti~s same on attouM of tha indebted ness sscured ixreby a ~o perm~t said MORTGAGORS ~o receive and uu it a any pa~t thereof for ofner purpases, waho~s ~h_.co~ wa~~~~~g or ~~+,pa~r- ing any equity, I~en w~~ght under or by virtue of this mo:tgage; and in ~he event sa~d MORTGAGORS shall ta a~y reason fail to keep the said p~em~ses so insured, ot fail to deliver promptly any of said policies of insuronce to said MORTGAGEE, w faif prompNy fo pay fully any p~e~»ium therelw or ~n s~Y respect fail to per(am, discharge, execute, e(fed, complete, comply with and abid! by lhit rnvenanf, w any parl hrreof, said MIiRTGAGEE may place and pay fw such insurar+cs or sny parl thereof wi~hou~ waivirig o~ +f(Ming a~y option, lien, pvity, or right under u by virtue of thit Mo~tgsge, and tl+e fu11 amount oi each a~d every such payment shall 6e immediately due a~d payabla and ~hall bear interes~ from ths date thrreof until paid at the rate oi nine per centum per ~n~um a~xi toge~he~ with auch interes~ sha11 be secured by the lien of ~hii mor~ysge. ' 1. To permit, comrnit or su((er no waste, impeirment o? deterioration of said propcrty or a~y p+A thereof. S. To pay all ~nd singular the costs, charges ~nd expenses, including a reasonable attwney s fee sr.d cosb of abstrads of Iitle, incurred or paid ai any fime by aaid MORiGAG:E, because w in 1he event of the failure on the part of the said MORTGAGOR ~o duly, ptomptty snd fully perform, discharge. execute, effect, complete, comply with and ab:de by each and every the stipulations, agreen,rnb, coodition~, and covenann af sa~d promiswry note and ~his mongage any w Qither, and said cosb, charges and e:pcnses, ~ath and every, shall bs irnmediately due and payabfe; whe~her p not thcre be no+~ce dr marxJ, attempt to collect w suit pend~ng; and the tull amount of each and eve+y s~ch payment shall txa~ intere~t from the date thereof until psid at the ~ate of nine per ccntum per an~iu~n; and all said co:ts, charges and expenses incurred w paid, iogether w~th auch interesl, shall bt ucured by ~he lien of thi~ mwtyspe. 6. That (e) in the evenf of any breach of this Mortgage w defaulr on the part of the MORTGAGOR, w(b) in the evenl any of sa7d sums of money , herein refe~red to be not promptiy and folly paid within thirty (30) dsys next af~er the same seve~ally becane due and payable, withou! demand or notice. or (c) in the event each and every ~he stipulations, agreements, corsd~t~ons and covenants of w;d prom~swry note and th~s mortgage any a either are no1 iuly, promptly snd fully pertormed, d;scharged, executed, effected, canpleted, complied with and abidzd by, theo in ei~hcr or sny such eve~t Iiq sa~d ag oregate wm mentioned in said p~omissory note the~ remaining unpaid, with interest accrued, and all mo~eys xc~red hereby. shall become due and pay~ ab!e forthwith, or thereafter, at the option of said MORTGAGEE, as ivlly and completely as ii all of tM said sums of nwney were orgin~lty stiputated to be paid on suth day, anything in w;d prom~ssory note w in lhis Mwtgage to the controry notw~thsta~diog; and ihereupon o? thereafter st the option of ia~d MORTGAGEE, without notice w demand, s~it at law o? in equity, therefwe or the~eafter begun, may be prosecuttd as if all moneys secured hereby nad mawred pnor to its institution. 7. That in the event that at the beginning of o? at any time pending any suit upon this Nbrtgage, or to faeclcse if, w to reform it, or to enforce payment of any ciaims hereunder, said MORTGAGEE shall apply to tix Court having jurisdrc~ion thereot for the appointment oi a Rcceiver, tuch Court shall forrhwith appo~nt a receiver of said mortgaged propeny ali and :ingula?, includ~ng a~1 and siogular the income, profits, issues and revenues from whatever seurce derived, each and every of wh~ch, it be~ng expressty unde~s~ood, is hereby mor~gaged as if speufically sd iafh and described in the granting and haben~um clauses hereof, and such Receiver sha11 have all ~he broad and efiect;ve funct:~~s a~d powers in anyw~se entrusted by a Court to a Receiver, and ::,:h appointment shell be made by such Court as an admilted equity and a matter of absolu~e right to said MORiGAGEE, and without ~e(erence to the adequaty or inadeq~aty o( ihe value of the property mortgaged w to the so~vency or insolvency of said 1NORTGAGOR d the defendants, and that such rems, profits, incane, usues and revenues shalt Lx applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the pracrice of such Court. B. To duly, promptly and fully pe~form, dlscharge, execute, effect, complete, comply w~th snd abide by each and every the stipulations, agreements, conditans and covenants in ss~d promisswy note and Ihis me~tgage set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in ~ person other than the MORTGAGOR, the ".'.ORTG~GEE, its successars and assigns, may, .witHOut notice to t~e, MORTGAOR, deat w;th svch successor w successor. i~ intcrest with reference 1o this rr.o~tgsge and the debt hereby secured in the same manner as with Nbrtgagor without in any way vitiating or diuharging~the Mwtgagors' liability hero- under or upon the debt hereby sec~red. Vo sale of the premises hereby mo~tgaged and no forbearance on ihe part of the MORTGAGEE Or its sutcessors ~r assigns and no extension of tfie time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w assi9ns, shall operale to retease, d~scharge, modify change w affect the original liab:l;ty of the MORTGAGOR herein, either in whok or in part. 10. It is spec:ficaily agreed that time is of the essence of ~his contract and Ihat no waiver of any obligation hereunder or of the obiigation se- c~red hereby shall at any time thereafter Ee held to be a waiver of the terms hereof w of the instrumeM secured herby. 11. In add~tion to the forego~ng month!y payments of princ pal and interest required by the p?omissory ~ote secvred hereby, mortgagor covrnants a~d agrees to pay to mortgagee w~th each monthiy pay~nent an add~~ional sum estin;ated by mortgsgee to be equal to i f 12 of the annual cost of the follow- ;n~; A-All real p~operty taxes levied or assessed agai~st the above descrihed real estate_ B-premiums oo fire end windstotm insurante as herein requ~~ed to be carried on the improveme~ts situate on the above described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t:me to time deem fit to carry on the ban secured hereby_ f Matgagee shafl ~rom time to time norify mortgagor in writ~ng of the amount due and payable F+ereunder and such sum shall thereupon be due and rayable on tFr_ due date of tha next month:y payment and each wccessive month tlxreaher ur,til mortgagee sball notify mortgagor of a change in such ~ a~~ount. Such sums sF.all be appl;ed by mortgagee toward the paymenf of real property taxes, insurance prem:ums, and mortgage guaranty insurance p~emiums. t IN WITNESS WHEREOf, the sa~d MORTGAGOR has hereunto set his hand and seai the day and year fir:t aforewid. ~ ~'gned, 5ealed and e!' ered in t pres e of: f - s~~ (5eaq Seal) ~ ~3eap . sTATE oFx~- New York ~ , ss. ccuNrY oF , - Before me persooally appeared Paul Pietrofere =.=.N <;.~d- Bettv Pietrofere ~ ; his wife, to me well known and krownitb?irRatQ.~ ~ the individua!s dexribed in and who executed the foregang instrument, end acknowledged befote me ihat they executed the aa~ fdi~~',pikpOssel~,~~; ,r- therein expressed. And rhe sa~a - Bettv Pietrofere _ r. _~q-g:-~ Paul Pietrofere ~'*~~~r~ ~ r;~fe of the said up8f{~'is~r~Te a~d,~~v~M: ~ exam~nat~on by me taken separate and apart from her said husband, ~ckrawledged to and before me that sFx executed said k~it{~ADeM fr~~~~ i~r~ly and without any compulsion, constraiM, apprehens?ion, or fesr of or from iur said husband. i~' ~ WITNESS my hand and official seal this -~J~ day of Au~L1Lt - - ~7 - _ ? ~ ~ v~~ ~ j~~S . Qi ~ otary PubfEc in and ior the State ~t - ~ y Comm~ssion expires: N@w _ s1"'' ~ Retum To: ~ i' ; ' . - t , ci~'a.. '.t~f'.2 ~~~1 ~ ~ First federal Savings a loan Associat~on ~ s r~ ~ ~ Of Fort P~erce. : _xC'+~o. ~ ~ = ~ ~ Fort Pierce. Florida . 2~ . ~~'~~"•f' • . r~ • ~p pRE~p~ ~ ~ tT.ltiC1E COOIRY~ ~ t.~ E:a... ".~,~~y,y~ - ~ R06EIt POITIt~ . ~ This Instrument Prepared By RiChard K. Ka, e ~«K C~r~u~T CWII~ ~ First Federal Savings 8~ Loan Association y~fCORO VERtFlEd...~~rr.s ~ of Fort Pierce ~ FlOridd ~16 3 ss PM ~ f~ ~ C Checked By `~,61a~95 ~ ~ ~ooK21~' P~~1885 : , ~ ~ ~ . - - ~ - ~ ~ Y~ ~.~~~r _~...-s'~ ~v'~:j'..~;.-'.~ _ ...?S"~''~~A,4~~