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Home My WebLink About0191 3. To place end co~~inuously keep on the bui!dings now or hereaffer situate on ~aid IsAd and on all eqvip~nent and personslly covered by this mwtg- sge, wilh all premiumi the~con pa:d in iuil, f~re insurance in the usual standard polity form, in a sum approved by the MOR1~sAGEE, and w~~ds~orm iniuronce in the uwal •tandard pofcy fwm, in a sum approved by Ihe MORTGAGEE, in such company o? co~npanies as the MORTGAGEE may d~rect; ~nd al{ (ire and w~nds~orm insurance policies on sny oi said build~ngs, ~ny intereet therein or per? thereof, in ehe aggregate svm alwesa7d w . in excess ~hereof, shall contain the usual standard mw~gagee clause w such other dause ~s Ihe Matgagee may requ~re, making the ~oss unde~ sa~d poli- cies, each and every, payab!s to sa~d hIORTGAGEE as ~ts iroerest may appear, and each and eve?y fuch poiicy shatl be promptly ass.gned and delivered ro sny held by se~d MORTGAGEE as (urther security to sa~d mortgage debt, and, not less than te~ (10) days in adva~xe oi the expirst~on of each polity, ~o de- liver to said MORTGAGEE a renewal thereof, togethsr wiih a rece~pt for ~he pre~n~um of such renewa~; and there thall be no f~ra o. w~nds~orm i~suronce placed on any of said buildings, sny interesl Iherein o~ part thereof, unleis in fhe iorm and wiih ~he lou payable as sforesaid; and in the event any sum of money becomes payable under such policy o~ pol~ues fa~d MORTGAGEE shalf have ~he opt~on to receive and apply tAe sarne on account of ~he indabted- nes~ sec~red hereby w to permit sa~d MORTGAGORS lo receive and uss it w any pan ~hereol for otncr purf~osrs, w~thout ~h~rcu~ waiving o~ unpoir- ing any equity, lien w right under or by virtue of ~hit mo:!gsge; and in the evem w~d MORTGAGORS shall fa any reason fait to keep ~he said premisrs so insured, or fail fo drliver pra»ptly any oi wid policies of iniurance to said MORTGAGEE, ot !ai! promptly to pay (ully any pre~~~ium therefor or in a~y respect fail to perfam, discharge, execute, eftecl, complete, tomply with anti abide by ihis tovenanl, or a~y part hereof, saYd MORiGAGEE may p~ace a~~d pay fw such insurante or any part thereof without waiving ot affecting any opt~on, lien, equ~ty, or right unde~ o~ by victue of this Mo~tgage, and 1ht f~ll amount of each a+xl every such payment shall be irt~~ediately due and payable and shall bear interes~ from tho date thercrof un~il paid at the rate ol n~ne per centum per an~um and to~ether with suth interest shall be sttured by the lien of this mo?tgsge. 1. To permil, commit ot sufFer no wasfe, impairment or deferioration of said property or any part the~eof. 5. To pay all and singuta~ the costs, charges and expenxs, including a ~easonable attorney i fee and tostt of abstratts of title, incurred or pa~d at eny tirree by said MORTGAGfE, betause cx in the evenl of the fa~lure on the pa~t of the said MORTGAGOR to duly, prornptly and fully perform, diuharge. executa, effect, comptete, compty w~th and ab~de by each and every the stipula~~ons, sgreements, conditions, and covenants of saiJ promissory note and th7s mortgage any w e~ther, and se~d costs, chargea and expenses, each a~d every, shall be immed~ately due and payable; whether or not there be not~ce do- mand, attemp~ to cotlect w suit pend~ng; and the full amount of each and e~ery such payment ahall bear interes~ from ~he date thcreof umil paid at the rare of nine per centum per annu:n; and all said cosb, charges and expenses incurred or paid, together wdh such interest, shall be secured by the 6en of thif mortgags. 6. That (s) in the event of any breach of this Mortgage w defau~t on the part of the MORTGAGOR, w(b) in Ihe event any of ssid swns of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payabte, w~thout demand or notice, or (c) in the event each and every the st~puEar~o~s, agreements, cond~tions and covenants of sa~d promiswry note and th~s mortgage any w either are not iuly, p:omptly and fully performed, d~3charged, executed, effected, completed, compl~ed with and abided by, then in e~ther or any such event ~he said ag gregate sum mentioned in said Frort~issory note then remaining unpaid, with interest acuved, and all moneys secured hereby, shall become due and pay- able forthwith, o? thereaftcr, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were a~ginal~y st~putated ro be pa~d on such day, anything in sa:d p~om~sso~y note or in this Mortgage to ~he conrrary notwithstanding; and thereupon w thereafter at the option of said MORTGAGEE, without notice w demand, suit at law or in equity, there(ore or thereafte~ begun, may be prosecuted as if all moneys secured hereby nad matured pnor to ~ts instiwtion. 7. That in the event that at the beginning of or at any time pending aay suif upon ~his Mortgage, w to forectose it, or to reform it, o? to enforce payment of any claims hereu~der, said MORTGAGEE shall appiy to the Court having jurlsdiction fhereof for the appointment of a Receiver, :uch Court shall - forrhwith appoint a receiver of said martgaged property all and singular, includ~ng all and singular the income, prof~ts, issues and revenues from whatever sovrce derived, each and every of wh~ch, it being expresaly understood, is hereby mo~tgaged as_ if spec~ficalty ut forth and desuibed in the g~anting and habendum clauses hereof, and svch Reteiver shall have al1 the broad and eftective funct~ons and powers in anywise entrusted by a Court to a Receiver, and a~ch appoinrment shali be made by svch Court ~ an ad:nitted equity and a rt+atte~ of absolu~e righl to said MORiGAGEE, and wi~Frout reference to the edequacy or inadequacy of the value of the property mortgaged or to the wlvency or ~nsolvetuy of sa~d MORTGAGOR d the defendants, and that such renrs, profits, income, iss~es and ?evenues shall be applied by such Reteiver accwding to the lien w equity of said MORTGAGEE and the practice of such Court. 8. To duly, promptly and fully perform, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements, conditans and covenants in sa~d p~omissory note and this mortgaqe set fwth. . 9. That in the event the owrership of the mortgaged premises, or any part thereof, becomes vested in a pe~son other than the MORTGAGOR, 1he MORTGAGEE, its successws and assigns, may, without no~ice to the MORTGAOR, deal vrHh such successor or wccessor in interest viith refe~ence to this /rortgage and the deb~ hereby secured in the same manner as with Mortgagor without in any way vitiating or d~xharg~ng the lJto~tgago~f liabilify herr under a upon the debt hereby secured. No sale of the premises hereby r.wrtgaged and no forbearance on tfie part oi the MORiGAGEE or its successoro or assigns and no extension o( the timr for the payment of the debt hereby secured given by the MORTGAGEE or its successwa w ass~gns, ahall operate ro release, d~scharge, modify change w affect the original liabitity of the M~RTGAGOR heriiK, either in whole oc in part. • 10. It is apec~ficatly agreed that time is of the esse~ce of this contract and that no waiver of any obl~gation hereunder w of the oblgatan se- cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In add,t~o~ to fhe forego:ng rnonth!y payments of princ'pal and interest required by the prom~swry no!e secured hereby, mortgagor covenants ~~d agrees to pay to mo:tgagee with each monthly payrnem an add~~ional sum est~ma~ed by mortgagee to be equal to 1/ 12 of thz annual tost of the follow- ~n~: - A-All real property taxes lei~ed or assessed agai•~st the above described real estate. B-Prert:iums on fire and windstorm insurar.ce as hercin requ~red to be carried on the improveme~ts situate on the above dascribed premises. C-Prem~ums on such mortgage guaranty insLrar,ce as mortgagee shall fiom time to time deem fit to carry on the loan set~red hereby_ Mortgagee sha~l from time to t~me notify morrgagor in writ~ng of the arno~nt d~e and payable hereunder and such surn shalF thereupon be due and i.ayabte on tha due ciate of the next mon~h:y payment and each successive momh thereaite: ur.til matgagee shall notify mortgagor of a change in such a-~~aunt. S~ch sums sF.a:l be appiied by mortgagee toward the paymenf of real property taxes, insurante prem:ums, a~x! mo~tgage gua~anty insurance p~emiums. - . IN WItNESS Y,/H~ EOF, the said ORTGAGOR has hereu to set his hand and seal the day and ar first aforesaid. I ' ned, Ssal and d iver he esen of: ` ~ r- ~ ~ y aq ~ s s , St e . Vo~e tsean . Z? (Seaq s - ness _ oan Jove ~~,q ~ ~ 57ATE OF F lorida J ~ COUNTY OF St• L{lC~@ ~ ~ ~ Before me personally appeared 4 $t~Illey J• VOJe and ~ Joan Voje his wife, to me well known and known to me to be ~ the individvals described in and who exec~ted the fwegoing instrument, end ack~owledged before me that they executed the sa{ne for the purposes rnerein expressed. And the sa~d- .102?if v0]@ , ~ w~le oF the said upo~ a separafe and private ' examinat~on by me taken xparate a~d apart ~rom her se' husband, acknowledged to and before me that she exetuTed said instrument freely and volyn- rarily and w~thout any compulsion, constraint, apD ~ n, ar of or frorn said husband. „ ~ 1 t,~~','tiitl.;, ? WITNE55 my hand and official seal tbis- da of . A. D. 19 ~ . y / ~ Notary Public in and i the Statc= q~~L i r~~ rge y y My Commission expircs: ~~D ~ C i~ Y ~ Retum To: N^iARY !'2FltC;STATE of FIOR;pA~{~~q~ • 1 _ First Federal Savings 3 loan Association R'Y C C,'~~ S I,,, ~ E X~ i F E S JAbi. 7~,~ ~ e` ; 4~ _ Of Fort P:eree. E:.nd¢d By n:;~cr;_an Ner~~erS Irr,:urg~~.r~ n'~1 ; fort Pi~rce, Florida ' 'l ~ . R~ " , ~ "'1 S~',~ ~ , ~ • . , _ . _ _ This Instrument Prepared By Gery F. Ellwood n First Federal Savings & loan Association c~,~ROEC ~V~ ~ of Fort Pierce , Florida F1~E~ AE~~p~yMt'f F~A. S , .~AS ~ t. ~uc . s 1 Checked By ~ au",~ _ t +;CUqT GLE°~ ` ~ = G~.~-~'~ X~ . , pf Cf } ~ ~4 ~ ~ o R S~e 2i 1C . BUDK~~~ ~AGf sb ~ R-_ ~ ~,a ~ _ . ~ ~ ~ r .`d ~~-,"s'~~`~--~ _ . _ E: s~`^.,~ c`~'~'~~