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Home My WebLink About0206 Tp place and continuously keep on the bui'.dir.gs now or hereaf~er ~~tuate on said Isnd and on all eq~ipment and personally covered by this mwtg• sgs, with all premiumt Ihereon paid in fall, fire insurence in the usual seandard polFcy forrn, in s sum approvhd by the MOR?GAGEE, a~d windstorm insurance in the usual •~andard poGcy form, in a wm approved by the MORTGAGEE, in ~uch compeny o~ companies ai 1hc MORiGAGEE may d~reu; ~nd •11 ftre ~nd wlndstorm inwrance poliues oo any of ~aid bu~ldinys, any inte~e~t therei~ or parr the.eof, in the +gg,cpa~e sum afweza~d w in s~ecess rhereof, shall corttain the usual sta»dard mor~gag~e clause or iuth o~her clsus~ as the Matyegee may requ~re, makinq the loss under se~d poli~ c~es, each and every, payable to said MORTGAGEE as ~ts i~~ere~t may appear, and each and eve~y such pol~cy ihall be promptly ~ss gned and delivered ~o any held by sa~d MORTGAGEE as lur~her security to said mortgage dabt, and, not less ~han ~en (10) dayt in adYance of ~he expirotion ol each policy, to da live~ to said MORiGAGEE a renewal Ihercof, toge~her with a rece+pl for Ihe prtmium of ssxh ~enewal; and ~hero shall be no fire or windstorm insurance placed o~ ~ny of iaid buildings, ~ny interes~ there~n or pul thereof, unlesa in the ~orm and with Ihe lou payable a~ aforesaid; snd in the eveM any sum oi monay becomea pay~ble under such policy or pol~cies said MORTGAGEE sfiall have ihe option to receive and apply the same on account of the indebted- neu secured hereby a to permil said MORTGAGORS to receive and use ii W any part the~tof f~r o~ner purHoses. vntho~! th,r<b~ waivin3 u~ +~npair- ing any equity, lien or right under or by virtue of this mo::qage; and in fhe evenl iaid MORTGAGORS shall fw any ?eason fail to kesp the said premisri so insured, or fail to deliver promptly ~~y of said policiea ol insurante to said MORTGAGEE, w fail promptly to pay fully any premi~m Iher~ior or in any ~eapect fail b perfam, d~a:herge, execute, effecl, complete, compty with and abida by rhis covenant, w any pa~! he~coi, said MOR7GAGcE may plate and pay fw such insur~nce or any part ihercof without waiving or affecting any option, Iien, equity, or ~igM under w by virtue of thii Mortgage, and the full amovnt of esch and every such payment shall be irrunediately due and payabte and ihslf bear interes? from tho date thereof until paid af the rate ol n~ne per centum per annum and to~ether w'eth such inrcrest shall be secured by the lien of this mort9sge. 1. 1o permit, commit o~ sufier no waste, impairment a deterioration of said property w any psrt thereof. S. io pay all a~d sinyul~r the costs, tharges and expH+ses, including a reasonable attanry i fee a~d cos~s of abstracts of t~tle, incurred w paid at a~y time by said MORTGAG~E, because or in the evenf of the failure on the part of ~he said MORiGAGOR to duly, p~omptly and ful)y per(am, d~scharge. eYecute, effec?, complete, cw~+ply w~th end ab~de by eac6 aod every the stipulaiions, agrerments, conditions, and covenann of said p~omiswry note and thi~ , mwtgage any o? e~iFKr, s~d u~d costs, charges +nd expensei, cach and every, shail be immediately due and payable; whe~her o~ not there be notice d~ :nand, attempt to colkct q~uit pend~ng; and the full amount of each and eve~y such paymem shali bea. iroeres~ from the daTe thereof until paid at the rate of n~ne per cenrum per annum; and all said costs, charges and expenses iaturred w paid, together w~th auch interest, shall be secured by the lien of thi~ mortyage. t..That iR the ev~nt of any_ breach of this Mortgage of defaut~ on t~e part of the NkORIGAGOR, or t'63 ths avent- my pi sa~d ~ti~++s of money herein referred to be not promptly and fulfy paid wirhin'thl:ly (30) days next aftet the~same severslty become dw aod payaWt, wuhouf demand or_ norice~__ or (c) in the eve~~ each and every ~he stiputa~ions, sgreements, cond~tions and covenanta of sa~d prom[szory ~ote 3nd th~s moitgage any w either are nof ~ ivty, promptly and fully peifwmed, d~scharged, eaecuted, effected, completed, compiied w~th and abided by, then in e~ther o~ any such event the said ag- gregste wm memioned in said promissory note then remaining ~npaid, with imerest accrued, and afl moneys secured heroby, shall become due and pay- ab:e forthwith, or thereafte+, at the option of said MORTGAGEE, a~ lvlly and con+plefely as if ali of the said sums of money were o?~ginally stipulated ro be pa;d on such day, anytAing in sa;d pro~n~ssay note w in this hlortgage to fhe contra.y notwithstanding; and thereupon or thereafter at the opt+on of sa~d MORiGAGEE, without no!:ce or demand, suit at law w in equity, therefore o~ thereafter begun, may be prosecuted as if all moneys secured hereby had matwed pt~or fo ~ta institutan. 7. That in the cvent that at the beyin~ing of or at a~y time pendi~g any su~t upon this Mortgage, w to fwectose it, or to re(orm it, or to enforce aayment of any claims hereunder, said MORiGAGEE shall apply to the Court having junsdic~:on thereol (or the appointment of a Reteiver, such Courf shall forrhwith appo;nt a.eceiver of said mwtgaged property a~l and singular, inctud~ng all and singular the income, profita, iuvea aru! ~evenues from whatever source derived, eath and every of which, it being expressly understood, is hereby mortgaged as if ~petificalty u1 forfh and desu:5ed in the granting and habendum clauses hereof, and such Receiver shalt have all ~he broad and effect~ve funu~ons and powers in anywise entrusted by a Couri to a Receiver, and s„qh appointmenr ahall be made by auch Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and withoul refere~ce to the adequacy or inadequacy of the value of the property mortgaged or to the soivency or insotvency of said IVIORTGAGOR or the defendants, and rhat such .~n+s, prafits, income, iuues and revenues shall be applied by such Reteiver according to the lien or equity of said MORTGAGEE and the practice of such Court. _ _ _ _ 8. To duly, promptly and fully perform, d~scharge, executr, effect, complete, com~,ly with and abide by each a~d every the stipv+ations, ag~eements, :onditions and covenants in sa~d promisswy nore and this mortgagt set forth. 9. That in the evrnt the ownership of the mortgaged premises, or any part thereof, betomes vested in a person other than the MORTGAGOR, the M.ORTGAGEE, iri successws and assigns, may, withou~ notice to the MoRTGAOR, deal with such successw or s~ccessw in interest with re(erence to fhia mortgage and the debt hereby secured in the same mars+~er as with Mongagw without in any way vitiating a d~xharging the Moregagori liability herr vnder p upon the debt hereby secured. No sale of the Fremises he~eby mortgaged and no forbearance on the pan of the MORTGAGEE or its succeswrs or assigrn and no ex~ension af the time for tFie payment of the debt hereby secured given by the MORTGAGEE or its successors or ass;gns, shall operate to release, dischar9e, modify chs~ge or affect the originat liability of ~he MORTGAGOR here~n, either in whole or in part. 10. It is specif7cally agreed thst time is of the esx~+te of this contract and tha~ no waiver of any obtigation hereunder w of Ihe obligatan se- cvred hereby shalt st any time th¢reafter be held to be a waiver of the terms hereof or of the inatr~ment secured he~lsy. 11_ In add.tio~ to the fwego'ng monthty payments df princ'pal and inrer2st required by rhe prom:ssory no!e serured he~eby, mortgagor covenants ~^d agreea to pay to mortgagee v~;th each er.omhly payment an addnional sum estin:ated by mortgagee to be equal to 1; 12 of the annual cost of the fo!low- 1 in~: A-All real p~~rty taxes levied or assessed agai~st thc above described rea~ estate. B-Prem,iums on fire and windstorm msvrar.ce as he~ein requ~red !o be ca%ried o~ the improvements situate on the above described premises_ C-Premiums on such moetgage guaranty insura..ce as mo.tgagee shall from time to time deem fit to ta+ry on the loan setured hereby. Mwtgagee shaef from t~me to time notiiy martgagor in writ~rv~ of the amount due and payable hereunder and :uch sum shall thereupon be due and ayable on the due date of ~he ne:t moath:y payment and each successive month thereafter ur,ul morlgagee shall notify mortgagor of a change in such a~~ev~i_ $uch sums sha~l be app~ied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty insu~ance c!emiumt. IN tTNESS YiHfREOF~e said MORTGAGpR has he eunto set his hand and seal the day and year first afwesaid. Seakd and del' r the prese i: ~ ` _ an _ , Au s C Hofinei r - ~ aq _ E ' L HOf m 1 f ~,i~ S1ATE OF ~'!ma fPNNs LV^N~~ . SS. LOUNTY OF ~ 8eiore me penonally ep ared Ai1Qt1St Hofineister and E~I~ j.. Hofineister his wiie, to me well known a~d known to me to be rhe ind;v~dvals drscribed in and who executed the foregoing instr~ment, and acknowledged before me that they executed the same tor the purposes iherein expresxd. And the said ~ 1.. Hofineister +.~fe of the said A119USt C. Hofineister upon s xparate and private examination by me taken separate and apart from her said huaband, acknowledged to and before me that she exetuted said instrumem f~ snd volurr rar,ly and without any compulsion, constraint, appreh si , or fea~ of or from her said husbaruJ. 1 ~ • ~ WITNESS my hand and offitial seal this day of _ ` 7 ~7 / . • ~ i Sr="~: _ ~iYotary Public in and for the 5tafe,~b • My Commiasioo expires: ~j ~ ~ ' ~ Retutn To: : ~ • ' ~-~7.~R~~.. E~, ~.J~k~ Fint fcderal Savings 3 Loan Association : w i,~'~~: F Of Fo~f V:erce. ' ~ 1~~ Fort ?ierce, Florida C L, ci ~ (J?~ ~~y~ .t" • t~OTFR t t . ~ ~ . ? - i : .~tt~ c (.i,;-,...~SS;v.; xrc~.z3-~u1r~17. t97b This Instrument Prepared By ~J. H. 4obeZts ~ Jr . ' First Federal Savings 8~ Loan Association p~L RECO~~EO " of Fort Pierce Fjoxida . fILEO ~~yhtY fL~?- • ~ St.IUC~~ r ~~t~AS itOCEP , : Ghecked By ~ C~E?K •~t~.~U1T COURt `~6iZrJ~4~ RF~~k~ Vtk'FtEU eoax 2 ~ 1~ 8 3g ~M'~3 C ~H PAGE 2O~ . d a. ~.g- . , _