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Home My WebLink About0830 To place and contir.uously keep on the b~~'d~:~gs now or I1C(!d{iQ/ s~r~ate on said ~and and on a11 eq~ip~nent and pe~tonally covered by this mo~tg- sgs, w~th ~II premiums thrreon pa.d in fuil, I~~e inav~ance in the usw~ e~an~erd policy form, in a ~um ap~oved by the MOR~GAGEf, and windt~wm insuraMe in tha uewl ttandard pol.cy form, in • sum approved by Iho AM1ORTGAGEE, in sucA tompa~y or tompan~ea +s the MORTGAGEE may d~recl; and alt (ire and w~ndsw~m insurance poGdes_ on ~ny of sa~d bu~id~ng~, any ime~es~ therein or par~ thereoi, in ths aggrega~e sum •iaesud w In excetf thereo/, shall contain the ~sual standard mor~~egee clause o~ such orher cleuu ss the Mo~tgagee may requ~re, making ~he ioss under se~d po~i- ciet, eath and every, paY~ble lo said A10RTGAGEE as its intrre~t may appear, and each and every such poiicy shal~ be promptly ass gnrd snd delivered to any held by sa~d MORIGAGEE as (ur~har secu~ify to said mortgage debt, and, not less tAan te~ (101 dayi in advanca of the expiration o1 each policy, to da live~ to iaid MORTGAGfE a renewal thereof, logeths~ with a rece~pl 6or the premium of such renewal; and there shall be no f~re or wi:~ds~orm insu~ance placed on ~ny ot said buildings, any interest therein w pa~t thereof, u~less in ~he form and with the loss payable as aforesaid; and in the event any tum of money become~ payable undet such policy o? po~~cies said MORTGAGEE shall have ~he apt~on to receive and epply the ssme on account of the indrbtrd- neu secured he~eby or ~a perm~t sa~d MpRiGAGORS ro receive and uss it o~ eny part thereof ior ern•~+ Hurr•oses, v.~~ho~t thc~r. u~ woi.i ~3 or ~~~~p~u- ~ng any equ~ty, lien or rt~ht under w by virtue of this mo~'gage; and in the avem sa~d MORTGAGORS shall for any reason fail to keep the said premitrs so insured, W fail to deliver promptly any ot said pol~cies of inaurance ~o ssid MORTGAGEE, or fa~l promptly fo pay lully any pre~n~um thereior or in a~y respett (ail to per(am, discharge, execute, eHect, comp~ete, comply wi~h a~sd abide by this cove~ant, or any parl hareof, said MORTGAGEE may place and pay for suth insurance or any part thereof without waiv~ng ot affecting any option, lien, equity, or nght under w by virtue of this Mo~fgage, and the . -e _~..._a:...~.. a.._ ....1 .1..~~ ?.v~. cor..r.+.~ from ~he date thereof uotil oaid at the ~ate ol _ _ _ : - - : ; _ nin~ per tentum per annum end to~ethcr wnh such interest shaU be sew~ed by the lien of this mortgage. 1. To permit, commi~ or su(ier no waste, impairment or deteriotatio~ of said propcrty w any part thereof. S. To pay all and singular the costs, charges and expenses, including a reasonable a~taney's fee and cosrs of abstrsctt oi title, incunrd or paid at any fime by aaid MORTGAGEE, because or in the evenl of the tailure on the part of the said MORTGAGOR ~o duly, promp~ly and fully perform, dixharge, execute, effect, complere, comply w~th a~d ab:de by each and every the sNpvlatwns, agreements, cond~rlons, and covenants oi said promissory nate and thf~ mwtgage any or either, and said coars, charges and e~cpenxs, each and every, sMll be immediatcly due and payable; whether or not there be notice dr mand, atrempt to coltect w suit pending; and the full amount of each a~d every such paymenf ihall bear inferest from the date thereof untit paid at the ~:.re of nine pcr centum per annum; ond all said costs, charges and expenses incurred w paid, together wuh such interest, sAall bs secured by the lien of thi~ morlgage. 6. That (a) in the eveM of any b~each o( this Mortgage o'r defautt o~ the part of the MORTGAGOR, o? in the event ~ny of said svms of money herein referred to be not•pranptly and lully paid within th~rty (30) days next atter Ihe same sevaally become due and payable, without demand or notice, or (c) in the eve~t each and eve?y the stipulatians, agreements, conditions a~d covenanta of sa:d promissory note and th~s mortgage any o~ either are not ~uly, promptly and fully perfwmed, d:scha~ged, executed, elfected, completed, complied with and ab~ded hy, tfien in e~ther u any such event the said ag gregate sum mentioned in said promissory note then remaining unpaid, with interesl eccrued, and atl moneys secured hereby, ahall becomQ dve and pay- eb:e forthwith, w?hereafter, at the option o1 said MORTGAGEE, as fully and complete~y as il ~II of the said sums of money were w~g~~ally stipufated to be pa~d on such day, anything in sa:d prom~sswy note or i~ this Mortgage to ~he contrary notwithstand~~~g; and therevpon w thereatter a~ the option of sa:d MORTGAGEE, withovt not~ce or demand, suit at law w in equ~ty, the~tfore ot lhereafter begun, may be prosecuted as if sll moneyt setured heteby nad matured pnw to ds ins~it~LOn. 7. That in the event that at the beginning of w at eny time pending any suit upon this Mortgage, or to foreciose it, or to reiorm il, or io eniorce payment of any claims he~eunder, said MORTGAGEE shall apply to the Court havi~g ju~isd~crion thereot for the appointment of a Receiver, such Coun shall iorthwith appoint a reteiver of said mor?gagcd property all and singular, inctud~rig all and singu~ar the income, profits, issues and revenues from whate~er source derived, each and every ol wh~ch, ~t be~ng expressty understood, is.hereby mor~gaged as if ~pecifically set iwth and destribed in the granting,and habendum clauses hereof, and such Receiver shall have all the bioad and effe~tive funct~ons and powers in anywise entrusted by a Co~rl to a Receiver, and s~ch appoiroment sl+all be made by such Cour1 es an admitted equity and a matter oi absolute' right to said MORTGAGEE, and wrthout reierence to the edequ:.cr o~ inadequacy of the value of the p.operty mortgaged or fo rhe wtvency or insolvency of sa~d MORTGAGOR w the defendants, and that such :enrs.-"protits.-lncome, hsves and-rrvemres-sfiatt-be-apptied--br--sveFr-R ix~e??-a-eqwty-ot-sa:d-MOAIGAGF~and-tt~a-pcactice-of-such Court. 8. To d~ty, promptly and fully perform, discharge, execute, eifect, complete, comply with and abide by each and every the stipulations, agreements, co~ditions and covenanu ~n sa~d promissory note and this mortgage set fw?h. 9. That in the event the ownership of the mo~tgaged premises, w any part thereof, !r_comes vrsted in a person other than the MORTGAGOR, the MORTGAGEE, its successo~s and ass~gns, may, wi+hout ~otfce to the MORTGAOR, deal with such successor or successor in interest with reierence to thia mortgage and the debl hereby secured in tne same manner as with Mortgagor without in any way vitiating or d~scharging the Mortgagors' liability herC~ under w upon the debt hereby sec~red. No sa;e of the premises hereby mortgaged and no lorbearance on the part of ~he ?~ORTGAGfE w its successors or assigns and no extertsion of the time fw the payment of the debt hereby aecured given by the MORTGAGEE or its successors or assigns, shati operate to reiease, d~scharge, modify change or a(fect the orig~nal liab~iity of the MORiGAGOR herein, either in whoie w in part. 10. It is speuf+cally agreed that time is of the esse~ce of th~s contract and that no waiver of any obiigation hereunder or of the obligation sr cured hereby shall at any time fhereafter be he!d to be a waiver of the terms hereof or of the instrumenl secured herby. 1 l. In add:tio~ to the forego ng montn!y payments of princ pal and inrerest req~ired by the prom~ssory no!e secured hereby, mortgagor covenants and agrees to ~ay to mortgagee w.~th each monthiy pay~:ient an add~rional svm esnmated by mortgagee to be eqval to 1,/12 of the annuat cost of the follow- ~n3: A-All real property taxes lev~ed or assessed aga~~~st the above desv~bed real estate. B-Prem~ums on f~.e and w7ndstorm insvrance as nerein ~equ~red ro be carr;ed on the improvements situate on the above d~scribed premises. C-Premiums on such mortg~ge guaranty insvrar,ce as mortgagee shall frem t~me to ti~ne deem fit to cany on the foan secured hereby. Mortgagee shall irom t~me to time notiFy mortgagor in writing of the amount due and payabte hereundar and such sum shall thereupon be due and ~ Fa~abte on the due da~e of rhe next month'.~ payment and each successive month thereafrer ur,tit mo~tgagee sha!1 notify mortgagor of a change in wch ` a•~,ount. Such sums sFa:: be app!ied by mortgagee roward rhe payme~t of real property taxes, insurance prem:ums, and mortgage guaranty insura~ce i ~ p~emiums. ~ IN WIiNE55 Y HERfOF, the said MORTGAGOR has hereunto set his hand and seai the day and year first aforesaid. € Signed, Sea~ed and deli red in the presence of: , . ~ r ~ _ ~ n P. RO ~ (S~an ~ \ ~ . ~ a~~ ~ Roberts, Jr. r. ~ STATE OF flORIOA ~ $ti • LL1C~@ ~ COUNTY OF ~ ~ Before me perwnaUy appeared Jay Harold Roberts , Jr. ~ a~ ~ Janiee P• ROb@Y'tiS his wife, to me well known and known to me to be ~he individuals descr~bed in and who eaecuted the foregoing instrument and acknowledged before me that they executed the same for the purposes ~ rherein exprcssed. And the said Janiee P• Roberts ~ Ja Harold Roberts, ~ r~~fe of the said Y Jr• ~ upon a separate and private ~ exam~naYan by me taken separate and apart from he~ said husband, acknowledged to and before me that she executed said instrument ireely and volurr ~ rarily and without any compulsion, const~aint, apprehens~on, or fear of w from her said husband. ~ _--w+u~ss A*r ~..Ki ~a~;~ :~s__. 31-~4/-- ~r ~ - AuQUSt A._n_ ~4~~---- ~ ~ • . , , . r= ~-'ti, . Notary PubGc in and fo State of Fiwida at targe ` fl` _ My Commission expires: r r' ~ ~"~;~[tYrri•.To:• Finf•F4derd~ Savings 3. Yoari~~lssociafion O~ For.t P~~rce.- NMery W6Gc. S~o~• ef lbride ~e laN ~ fort P~er~e~ FJorid~= My Comeniss=ee f¦' m. 1~f ~ ~ ~ ; p J';~ ~ ~ - - br Amer~con i~~~ 8 Cosvoltr C~M ~ _ ,J. ' , tr . ' ^ ~ V ` ~'~~}~i~;~~strument Prepared By ti+fi1, E. Braull FILEO AMO RECORDED i ~5 First Federal Savings & loan Association iY.LUC1E COUNTY ftA. ~ ;,s . of Fort Pierce ~ FlOT"~da ROCER POITRAS ~ CIERK GRCU11 COURT ~ Checked By~- RECORO YERIF~EO ~ go~K 2i8 PAC~ 829 s~ 5~ So eH ~~3 ~ - 26293 3 ~:r ~ - - - - - _ Y~t~~ ~ ~ _r_ ~ _ , - ' _ Y . s~~_.rv~" ~"~!_;k Y_. . . . 1`.i~.:'Y.s"ia~n-~.~