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Home My WebLink About0479 3. To place end continuo~sly keep on the b~i'Jings now or hereafte~ fit~ite on sai~ land and on all equ~pment and perionally covercd by lhis mortg• sga, with all premi~m~ thereon pa~d in (ull, fue insurance in the usual s~snde•d potity form, in a sum ep~uoved by Ihe MORrGAGEE, and windstorm ~nsura~ce in the ui~al sranderd pol~cy fo~m, in • sum approved by rhe MORTGAGEE, in such .com~~n.X., w canpenies a~ the MORTGAGEE may dir~ct; and a0 (iro and w+ndsform insurance poGc;e~ or? ~ny of sa~d build~rps, any intera+t therein or per~ thereo(, in IM aggrcgs~s wm daesaid w in exceu the~eof, fhall comain the usual standard mw~gages clauss a such otha clauss at the Ma~yagcs m~y requ~rs, m~?ing ths Ioii unde~ ia~d poti- c~e~, ea<h and every, payahle to said MORTGAGEE a~ its interr~t may appear, ~nd each and evc~y such pot~cy shall lx promptly ~ss gned and delivered eo any held by said MORTGAGEE si (ur~her secu~i~y to said mor?gage debt, and, not less ~han ten (10) days in adva:,ce of ~he expi.aNOn of esch policy, to de• livtr to iaid MORiGAGEE a ~enawal Ihercof, loge~her with a receipl for Ihe prem~um of tuth renewal; and there shall be no f~re or wL~dttorm inivrance placed pn ~ny of said buildinps, any infe~est lherein or part thereo(, unless in fM form and with the loas payable ai atwesaid; and in 1he event any sum af money bccomes payable v~der such policy or pol~cies said MORTGAGEE shall hare ttx op~~on to receive and apply the same on eccoum o( the i~debted- ness setured hereby w ro permit said MORTGAGORS lo rKeive and use i1 or any parl thcreol for otncr purposes, c.~~fr~t th~raui we~~i.y or u:~p~~r- ~ng any aqu~ry, lien w~ight under w by virtue of thi~ mo:!gage; and in the event sa~d MORTGAGORS shall fw any reason fail to keep the said premiict so ~ insured, w fail to deliver promptly aoy of said policies ol insuronce to sa~d MORIGAGEE, w fail promptly to pay fully any pre~n~um ~heretor w in any i respec~ Fail ro psr(wm, d~uharge, e:ecute, effect, completa, comply wi~h arxl abids by this COViMl11. or any part hereof, sa~d MORTGAGEE msy p~ace a~~d ; .~c- -.a .L_ yo~ iM s~Ki~ uwWwne v~ ~n~ Na.i i~ra~cvi wui.w: ~ro.d.y .w i:.v.u:.y v}.:.....~ -yJ.:~~ ..y~.E _ . 1u11 amoum of each and evtry such paymenr shall be immediately due and payaWe ~nd shall bear iroerest from tF?s date•thcreoi until paid at~the ra~e ol i ninp p~r ce~~um pM annum and together with such inte+sat shat~ be secured by Ihe lien of this mwlgage. 1. To permit, tommit o~ suffer no waste, impairment o~ deterior~tion of said properfy w any part thereof. 5. To pay all and singu~sr ?he costs, charges and expenses, including a ~eawnsble attwney i fee and costs of abstrocb of titte, incurred or paid st any time by sa~d MORiGAGfE, because or in the eve~f of the (a;lure on 1he part of Ihe said MORTGAGOR to duty, pranptly ~nd fully per}orm, d~xF+arge. execute, effect, complete, comply w~~h and ab~de by each and every the itipvle~~ons, ~greements, conditions, and covenant~ o~ ia~d promissory note and ~his mortgsge any or ei~he+, and sa~d cosb, chargea and expenses, each and every, shall be immeJ~ately due and payable; whether or no~ ~here be nor~ce de mand, attempt to coilett w suit pendmg; and Ihe tull amount of each and evcry svth paymeM shall bea• inrerest from the date tlxreof until paid •t Ihe rate of nine per cent~m per an~~um; and all said cosfs, cFwrges and expenses irxurred or paid, logether w~th such interest, ihall be secu:ed by ihe lien of this mortyaga ' ---~--ihat-Fe}in-N~ervent-ef-an~rb~~acJ?-of-tl~is-JWwegag~-«-dofwlt-on_~-pui-of-tha-MOpIGAGORrer R+1 ;~.the_.nYenLany~l--~a~~--~v~!!_4f.!!+o!~!Y_____ heroin nfKr~d to b~ not promptly uid fuliy paid wi~Fun lhney l30? dsys next att_w Ifie ~an+e ~avwally betomo dw and payable, withoui demand or t?olice.. o~ (c) in the event each and every the stipulations, agreements, conditions and covenants of sa~d promissory note and th~~ matgage any a eilher are no1 iuly, promptiy and fully performed, d~scharged, ezecuted, effected, completed, complied with and abided 5y, then in either w any such event the said ag gregate sum mentioned in said promisswy note then rrma;ning unpaid, with interest accrued, and atl moneys setured hereby, shall become due and pay- eble forlhwith, w thereafter, at the option of said MORTGAGEE, as fuNy and comp~etely as i( all of the said sums of money were orginalty st~p~iated to be paid on such day, anything in sa~d promisswy note w in this Mortga9e to the contrary notwi~hs~and~ng; and ~hereupon w thereafter at the opuon of seid MORTGAGEE, without not~ce or demand, suit at law or in equity, therefwe w thereaiter begun, may be proxtuted as if a~~ moneyi secured hereby nad matured pna fo ~ts institufion. 7. That in the event that at the beginning of or at any time pcnding any suit upon this AAortgage, a to foreclose it, or to refam it, or to enforce p>yment of any clbims he~eunder, said MORTGAGEE shall apply to the Court having jurisdiction thereof fw the appointmeM of a Receiver, such Court shal~ Fcrthwith appoint s receiver of said mortgaged property all and singulsr, includ~~g aIl and singular the income, profds, iuues and revenues from whate~er sovrce derived, each and every of wh~ch, it being expressly understood, is hereby mor~gaged as if specifically set forth and dewibed in the granting and habendum clauses hereof, and such Receiver shali have all Ihe broad and effective funct~ons and powers in anyw~se entrusted by a Court to a Receiver, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to fhe adequacy w inadequacy oi the ralue ot the property mortgaged or to the wtvency or insolvency o( said MORfGAGOR p the defendants, and that such rents, profits, income, issues and revenues shall be app{ied by such Receiver accord~ng to the lien or equity of iaid MORTGAGEE and the practice of such Court. - _ - 8. To duly, promptly and fully pertorm, discharge, execute, efiect, compiete, comply with and abide by each and every the stipulations, agreements, conditions and covenants in sa~d promissory note and this mortgage xt fwth_ 9. That in the event the ownersh;p of the mortgaged p+emises, « any part thereof, becomes vested in a person other than the MORTCiAGOR, the ~:.~RTGAGEE, i~s successo~s and assigns, may, without no:ice to the MURiGAOR, deal w~th such successor or successor in i~teresl with re(erence to this rr:ortgage and the debt hereby setured in the :ame ma~ner as with Nbrtgagor without in any way vitiating w diuhargi~g the Nbttgagors' liability herr under or upon the debt hereby secured. No sale of the Fremises he~eby mortgaged and no forbearance on the part of the MORTGAGEE or its successws ei assigns and no exrension of the time fw the payment of the debt hereby secured given by Ihe MORTGAGEE or its suctessors or auigns, ahall operate to release, d~xharge, modify change or affect the o~ig~nal liabiliry of the MORTGAGOR herein, tither in whole w in part. 10. It is spec~iicatly agreed thal time is of the essence of this contract and that no waiver of any obligation hereunder w of the obligation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instru~ent secured herby. Il. fn add~t~on to ~he forego'ng month~y payments of princ'pal and inrerest required by the prom~ssory note secured hereby, mortgagor covenants and agrees to pay ro mo:tgagee vcith each monfhiy payr,ent an add:~ional wm estimated by mortgagee to be equal fo 1~ 12 of the annual cost of the follow- ~~~g: ~ A-All real property taxrs levied or assessed against thc above desaibed real estate. B-Prem~~ms on tire and windstorm ~ns~rance as here~n requ;red to be car~ied o~ the improveme~ts s+tuate bn the sbove described premises. f C-Premiums on suth mwtgage guaranty irssura~,ce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby. j 7VSortgagee shatT irom t~me to time ~otify mortyag6r -tn writing of the amount due and payabte hereunder and such wrn shatl therevpon be dve and i ~ ayable on the due date of ~ihe next monthly payment and each successive month thereafter urtit mortgagee shall notiFy moitgagor of a change in such ~ a^,ount. Such sums sF.aH be appiied by mortgagee roward the payment of real property taxes, insurance prem;ums, and mwtgage guaranty insurance •emiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the d r fiqt a re id. ~ ~S~gned, 1 a ere i 1he s e of: ~ ` ~ ~~w• ± Charl Jo z a~dult ~ ~Seaq ~Seal) ~ - ~ ~ S~ ATE OF ~ ~ iKX. ! - ~~f~ ~ ? SS. ~oUNTY OF - 1 ~ ~ Before me perwnally appeared ChaYles Joseuh Mazzara_ a sin91~ adult end- ~ ; ~ - M~i1l, to me well known and known to me to be ~ the individual deuribed in and who executed the fwegoing instrument,'and acknowledged before me that he executed the same iw the purposes ~ rherrin expressed. ~IR~d'AI!'slld r w~I~roi~e~el~ ~~~we~waw.~.~iw~e ~ ~r+rraMio~~rrr.tak~n.~e~.~eM~.a~i+rrlir.~rrir ~w~i~f~r~iriirl.~vririeisairjNaiWira9OLfiiiY~Jqd.VDiYa~ 3 ~RrMr~11d11M/RAb*.~11~~b~Ifijf~wlR~llt7RlMARr~R !~01~4!l~ef+A~fiM1~1l?1lIb11Ulb~111~ ~ . . . . WITNE35 b`anif an~ p~dal seal thi ~ day oi n. n. i9 73 -~~t~~~ .t~~'% ' i ~ •,r' , • ~-,e = Notary Pu lic in and for the l1~~~ Lsrye ~ -~r ~ ~ ' ~1: - My CommissiMAiMEA~MI~'L. tiMH~ ~SE. t:C1:.r~r pp~ ~ ' •'r 0'~ To: r.-:; ~ : . utitl',BUnli ~Ueii)t:GN, R~...•. , Fitst F~J~r~l Ssv~ngs 3 toiiti, sociation ; ~ Yr We1~(?SSION EA'r,Fi:, 1'• • O~ fort P;e~; - i u:i E 6. 1977 ; ~,~ors;~;~~~jxq~?d~ - ~~P~7Maaial~sotiation~flrotuo~ i . ~r:~...... ~ - yi o U +^'J~ ..ye s;; . _ This Instrument Prepared By J• H. Roberts, Jr• ilLED AN~J RfCOROfO ~ First Federal Savings & Loan Association it.lUCt[ CON1(TY ft~ ~ of Fort Pierce ~ Florida RdCER P01TiUS C~ERR C:RCYIt COIJRT iIfCORG Vf?IFiED Checked By ~ A~c 31 9 s~ AN'73 _ BOGK218 P~~ 479 2sz~o1 r~ , t ; d r _ _ , s - ~ . ~ v,..~ ,