The URL can be used to link to this page

Home My WebLink About2167 . . ~ J ~ ~ . 3. To pface and co~tinuouily kcep on the b~ ~!d~ngs now o~ he~eaitsr ~Ituate on said land and on ali equipment ux! personal~y covered by th7s mat~ p~, wi~h sll premiumi thereon pa~d in full, f~•r insuranca ~n tha usual ~tandsrd polfcy form, in • sum app~oved by ths MORiGAGEE, and wind?iorm insuranc~ in tha usual s~andard pot~cy fwrr, in ~ sum approvcd by th~ MORTC;AGEE, in tuch comp~ny o~ companie~ as ~he MORTGAGEE may dirtdp and all lir~ snd w;ndstorm insuronce po114iea on ~ny of said bv~ld.ngs, ~ny interetil therein w parl ~hereof, in the aggrega~e ~um afwesa~d w in excess thereof, thall comain ~hs usual ~Iandard matga9ee clau~s w such o~her clauss +i ~he Mw~gages may requ~rs. ma~~~+q the ~oss u~der ss~d poli- tie~, each and every, payabte to ssid MORJGAGEF a~ iti inte~est may ~ppeer, and each and every such poticy ihall be promp~ty ass gncd a~~d delivered ~o any hald by sa~d MORTGAGEE at (urther security to uid mortyage debt, and, not kts than ?en (10).days in adva~cs o( ~he expira~ion ol each policy, to da • liw~ to taid MORiGAGEE a renewal thereof, topetF~si with a?eceipt fw tM~xem~um of tuth renewal; and ther~ shall be no t;ro or winds~o~m i~sur~nce plxtd on ~ny of said buildinys, any intere~t there:n or part thereof, untess i~ ~Fr form and with tly lou peyable at a(weuid; and in tha evQnt any ~um of money bccomss pay~ble u~der wch policy o? poGcues iaid MORTGAGEE ahal~ have ths option to rcceive and apply ~he same on accounr of the indibred- neu stcv~ed hereby or ro permit said MORTGAGORS to mcive and uss it w sr,y parl Ihereof for u~iicr pwposrs, .v~ihoul ~h_.. u~ wa~.t,,~ a~ ~n~pair- iny a~y equity, lien w right unckr p by vi?tue of this mor!gage; ~nd in ths evenl said MORTGAGORS shafl fpr any reaspn i~il to keep the said premises so insur~d, p~ fail to deliver promptly any of said policies of iniuroncs to sa?d MORTGAGEE, w fai! promptly fo pay lully any pre~n~um Iherelp~ w in a~y rsspett fail b perfwm, d7scharga, executs, elfect, complett, comply wiih and abide by this covenanl, or eny part hereof, sald MORTGAGEE may. place ~nd pay fw tuch inwrancs ot any part thereof wirhout waivi~g w affecti~g a~y option, lien, equ~ty, w r~ght unde~ w by vlrtue o( this Margaye, and Iht full amounl of cach and every such psymenf shall be immed;a~e~y dve and payable and shall bear i~teresl irom the date thereof until paid at the ~ate of nine per centum per artnum and to~ether with such interQat shall be securtd by 1he lien of this matqage. 1. To permit, commit w suffer rw waste, impairment w deterio~ation of said p~operty u any paA thereof. S. To p~y all and singular the costs, chargea and expenses, induding a rcasonable attorney i fee and cosii of abstracts of titte, incurred oi paid st any time by said MORTGAGfE, because w in the e~aN oi the fa~lu~e on ~he part of the said MORTGAGOR to duly, promptty snd futly pNfam, d~x~arge, execute, e(fed, compte~e, comply with and ab:de by each and every the atipu~a~wns, agreements, conditions, and covenants of said promissory note and ~his ^~~8~ ~^Y a eilher, and said costs, charges and expense~, each and evcry, shall be immedinlely due and payable; whether or not the~e be notice de~ msnd, attempt to collect or iuit pe~d~n9; and the full amount of eac6 and every such paymem shall bear i~teresi from the date thereof until paid the .ate of nine per centum per an~~um; and all said costs, charges and expenses incurred or paid, together w~rh such irtterest, ihall be secured by the iien of this matpags. 6. Thst (a) in the event of any breach of this Matgage or defautt o~ ~he part of the MORTGAGOR, w(b) in the evem a~y of seld sums of money herein referred to be rwt prompHy and fully paid within thuty (30) days nexl after the same ievera~ly become due and payable, without demand a ~orice, oa In the event eacb and rvery the atipulations, a9reements, cond~tions and corenants of sa;d p~omisw?y ~ofe arxl ~h~s mortgsge any a e3tFxr are not ~uly, promptly and i~lly perfwmed, d~scharged, executed, effected, compteted, complied with and abided by, then in either or an such event the said ag~ gregate wm mentioned i~ saed promisswy nore then remaining unpaid, wirh interest accrued, and atl moneys secured hereby, iha~l become d~e and pay- ebte fwthwith, w thereafter, at the opt~on of sa~d MORTGAGEE, as fully and complete~y as if all of the said sums of money were o~ginally iiipulated to be pa~d on svch day, anything in sa:d From~sswy note w in this Mortgage to the contrary no~wiihstsnding; and rhereupon or thereaft~r at the opr;o~ of said MORTGAGEE, without notice o? demand, suit at law w i~ equity, there(ore or thereafter begun, may be prosecuted as if all money: setured hereby had matured pnw to ~ts institution. 7. That in the event that at the begi~n;ng of or at any time pending any su~t upw~ this Mortgage, or to fwectose it, or to reform it, or fo enforce payment of any claims herevnder, said MORTGAGEE shall apply to Ihe Cour1 having juri~d~ction thereof fa the appo~ntment of a Receiver, iucA Court shall Forthwith appoint s receive~ of said mortgaged property all and :ingvlar, intlud~ng aIt and singular the incorne, proi~ts, issues and reve~uea from whatever wurce der~~ed, each and every of wh~ch, it be~rp expre:siy understood, is hcreby mw?gaged as if speufically set for~h and described in the graming and habendvm cl~uses hereof, and such Receiver shall hare atl the b~wd and effetrive func~~ons and powe~s in anyw'.se entrusied by a Court to a Receiver, and such appoinrment shafl be made by such Cou~t as an admitted equity and a matte? of absoiute right to said MORTGAGEE, s~d withaut reference to the edequxy w inadeqvacy of the vatue of the property mortgaged w to the wwency or insolvency oi. sa~d MORIGAGOR or the defendants, and that such rems, profits, {ncorrM, iuues and revenues shall -be app{ied by such Receiver accord~ng to the lien or equitp oi taid MORTGA6EE and the practKe of such Co~rt. 8. To duly, p~omptly and tul~y pe~form, dixharge, execute, effecL tomplete, comply w~~h and abide by each aod every the stipulations, agrcements, condiYa~s and covenants ~n sa+d promissory note and this mortgage xt forth_ 9. That in the event the owner:fiip of the mortgaged premises, a any part thereof, becomes vested in a psrson other iF?an the MORIGAGOR, tF+e MORTGAGEE, its successws and ass~gns, may, wi~hout no~;ce to tbe MORTGAOR, deal w;th such s~ccessor or s~cceuo? in interes~ with reference to thia mor~gage and rhe debt hereby secured in the same manner as with Mortgagw witl~out i~ a~y way vitiating p dixharging~lfh~_~tgagori liabitity here- under w upon 1he debt hereby sec~red. Na ssle of ~he prem~ses hereby mortgaged ar.d no forbtarance on rhe pan of the Mf~ GAGEE or itt successors or assigns and no extension of the time ia the payment of ihe debt hereby iecured given by the MORTGAGEE or its succe ws or assigns, stiall operate to release, discharge, modify ~hange or af(ect the orginal liaoility of the MORiGAGOR herein, either in whole or in part'~% 10. It is speci(icaliy agreed that t7me is of the essence of this contract and thaf no waiver of any obligation hereunder w of the obtigation se- cvred hereby shatl at eny time thereafter be held ta be a wairer of the terms hereof or of the instrument secured herby. 11. In add~tio~ to the forego'ng monthSy payments of princ pal and interes~ required by the promiswry note sewred hereby, mortgagor tovenaMs and agrees ro pay to mo:tgagee w~th each monthly payrneM an addirionsl sum est~mared by mongagee to be equal to 1 i 12 of the annual cost of the follow- inq: . A-A!I real pr~rty t~xes levied o+ assessed aga~~s1 the above described real estate. B-Premiums on fve and windstorm msurance as herein requ;red to be carr~ed on the improvements situate on the above desuibed premises_ C-Premiums on such mortgage gua~anty insurance as mortgagee shail from t:me to time deem (it to carry on the loan secured hereby. Morrgagee sfiail from time to t~me no~ify mortgagor in w~iting of the amount due arrd payable hereunder and such sum shall thereupon be due and ~ayable on the due date of the next month!y payment and each suctessive month the~eaite? ur,til mortgagee shall notify mortgagor of a charge in such a~nount. $uch sums sF.akl be applied by mwtgagee toward the payment of real property taxes, i~surance prem:ums, and rr~ortgage guaranty insursnce p~emiums. IN Y~ITNESS WHEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and year ti t afwesaid. '9ned. Sealed and deliver iin the praence of: ~ ~ 4 W rr isl • ~ ~ ; Kath en C. G iel a~~ r~aq i 5?ATE OF FLORIDA ' ~ couNnr oF - St. Lucie ~ ~ serae ~ penonally appeared Warren G ie 1 s~ ' Kathl n C Giel the indrviduais deuribed in and who exetuted the for hia wife, to me well known and known to me to be t egoirg instrument, a?x! atknpwledged before me lhat they executed the ume for tbe purposes € the.eie expreased. And the said Kathleen C~ ~'a181 ? wife of the said WaZ p*'+ r 1B - upon a se~ar~M,+~ ~;vate s examination by me taken separate and apart from her said husband, ecknowledged to and before me that she exetuted said instrumEtll`~~e~el~~ a~ ~fqlyJr ~ rarily and w~thout any compuJsion, constraint, apprehension, or fear of or said husband. I Zstjl ds of USt Q,`~ ~~i. WlTNE55 my hand and official seal this y ; ~~,~P%~ ~ : ~ 1 ~ Notary Public in and for the State c~ ~r~da~+ Lar~e : y=_ My Commission expires: - f ~ J = . Retu~n To; _ ~ ~ • ~ ' ~ - i .e: . ~ • fint Fede~al $avings a loan Association " ~h~ ' - ' FIC.-. ~ ~f ~ , 4-. Of fort P~erce. - . _ _•i ~t~:^;c l~Y~ij~, s- fort Pierce. Florlda .i i~ ~ 2~1`771 v ~'y;,;~;,.,.,~~,~i~ ~ ~ i1LE0 ANO RECOROEO ~ This Instrument Prepared By J. H. Roberts ,n ~:T.LUCIE COUNTII fLA. ~ £ ~ RO~ER F~ITP.AS A First Federal Savings ~ toan Association CLER~ C+~CUIt C4URT ~ ~ of Fort Pierce , Florida RECORO VEP.iF1EQ f"~ s Checked By ' ~ ~l `t ~4 1 H~~3 F ` sb eooa~7 T 3 ~ . . _ _ _ _ . . ' ' " ' _ ~ ~~r , ~ ~ _ ~ ~s _~-.v.~ . - -~..s."'3 ..t;~.~k~~~s~