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Home My WebLink About0667 . 3. To place and co~t~~uouily keep on the bui!d~ngs now w hereafter ~iluare on said la~x! and on alf equipmrN and penonelly cove~ed by lhis mortg ege, wi~h all prem~ums thereon pa~d fn full, Gre insu~encu +n ~he vsual s~arnia~d pol~cy fo~m, in a sum appro~ed by ~he MOR~GAGEE, and windstwm ~nsurance in ~he us~al siandard pol.cy fam, in a sum spproved by ~he MORTGAGEE, in avch con+p+~y or comparoet as ~he MORiGAGEE may direct; and all fi~e and w~nds~orm iniuronce po~~c~es o~ any of sa~d lw~Id~ngs, any intere~t ~herein or psrt the~eoi, in the aggrega~e sum ~faesaid u In excest thereof, ihsll contain the usual srandard mortyagee c~au» w~uch other claus~ as the Mlongagee may rcqu~re, maYiny Il~e !css under sa~d po~i- . cies, each and every, payable to said MORTGAGEE as ~ts interesl may appear, and each and evcry such po~icy shall be promptty ass gned a~d do~ivered ~o sny held by said MORTGAGEE as lunher security to aaid matgaga debt, and, not less Ihan ten (101 d.r• ~n advance of the eapiration of each polity, to da livt~ to said MORTGAGEE a re~ewal thereof, Ioge~F~er with a receipt fa the premium of wch renewal; and ~here shall be no fire or wind~to:m inturence placed on iny of said buildinga, any inta~est there~n or pa~~ thercoi, unless in tM form and with ~M loss payable as a{oresaid; and in the event sny tum 01 money becomef payabte under such policy w poliue~ said MORTGAGEE shall have 1he opt:on ~o receive and apNly the same on account af tM indrbted• : neu iecured hereby w ro permil said MORTGAGOR$ to receive and uss it u sny parf Ihereof fo~ other purF.oses, v~itFw~t ihcrru~ WJIVI~Y3 or nnpeir• j ing any equ~ry, I~en w right ur~der or by virtue of ~his mo-'gage; snd in the evem sa:d MORTGAGORS shall (w any reason fail to keep ~he said premis~s so ~ insu.red, or Fai) ro deliver pr.xnptly any of sa~d policies of i~suranca to sa~d MORTGAGEE, o~ faJ promptly to pay fully any premwm therefor w in a~y + re~pect iail ro pertorm, d~scharge, execute, efFect, complete, comply wi~h and abide by th~s covenant, o~ any part hareof, sa~d MURTGAGEE may p~~ce and _ pay for :uch insurance or any part thereof w~thout waivinq or aifectirp any op~ion. lien, equ~ty, w right under a by virtue of this Mortgage, a~d the ! full ~mount o( each a~xl every ~uch payment ~hall be i~nmediately due and payable and shalt baar interest from the date thereof until paid at the rate ol nine per cenrum per annum and to~ether with such interest shalf tx secured by tix lien of Ihii mortgage. To permit, commit or sut(e+ no waste, impeirment or deteriorat~on oi aaid p~operry or any part thereof. S. To pay afl and ~singulsr the costs, tAarges and lxpenses, Induding s ~eeaonsble •t~o.•ney's fee e~d cosq of ~bstracts o~ titla, iricurred or paid at eny time by sald MORIGAGEE, because or in the event of the ta~lure on the pa~t of the said MORTGAGOR ~o duly, promptly and fully pe~iorm, d~uharge. j execute, effed, complete, compfy w~th and ab:de by each a~d every the stipulat~ons, agreements, cond~tio~s, and covenants of sa~d promisso~y note a~d ~his mortgage any w either, and said costs, charges and expenses, each and every, shall be immediately due and payabte; whether w not there be rw~~te dr ; mand, attempt to collect or su+t pend]ng; and the fvll amount of each and every such payment shall bea~ interes~ from the date thereof until peid at the : r:3re of nine per centum p~ r annu:n; and all said cos~s, charges and expenses incurred or paid, together w~th iuch imerest, shalt be stcured by the lien of th~s morlgsgs. ' . } 6. That (a) in the event of a~y breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the event any of sa~d sums of money herein referred to bs nol promptly and fully paid wirhin ~hirly (30) days next after ~he sa~ne seve~ally become due and payaUle, wi~hou~ demand or notice, ~ or (c) in the eve~t each and every the stipulations, agreements, conditions and covenants of sa.d promisw~y note and th~s mortgage any w either are not 3uly, promptly and fu{ly periormed, d~scharged, executed, effected, tompleted, complied with and abided Sy, then i~ e~ther or any such event Ihe taid ag . gregate sum mentioned in sa~d promissory note then remaining unpaid, w~th interest accr~ed, and atl moneys xcured hereby, sMtl become due and pay- able forthwirh, or thereafter, at the oprion of sa~d MORTGAGEE, ss (ully and comple~ely as if all of ~I~e s~id sums of rt~ney were or~g~netly it~pu:a~ed to be pa~d on such day, anything in sa:d promissory note or in this Mo~tgage to ~he cont~ary notwithstanding; and thereupon w thereafter at the opt~on of said MORTGAGEE, without notice or demand, suit at taw or in equity, therefore w thereaf~er begun, may be prosecuted es if all moneys sec~red hereby nad matured pnor to ~ts ins~itution. • 7. That in the event that at the beginn~ng of or at any time pending any su~t upon this Mortgage, w to fweclose it, or to ~efwm it, or to enforce payment of any ciaims hereunde~, said h1pRTGACaFE shatl apply to the Court having juriid~c~ion thereof for 1he appointment of a Receiver, such Court shall fcrthwith appoint a rece~~er of said mongaged property all and singular, includ~ng al! and si»gular ~he irtcome, proLts, issues and revenuea from whatevea seurce derived, each and every of whlch, ~i being eaprea~~y understood, is hereby mortgaged as if spec~fical:y set lorfh and deuribed in the granting and = habendum dauses hereof, and such Receiver shall have ali the broad and effective funct.ons and powers in anyw~se entrusted by a Court to a keceiver, and s~ch appoinrment shall be made by such Gourt as an admitted equ~ty and a ma~ter of absolute rigM to said MORTGAGEE, and without re~erence to the adeqvaty or inadequacy of the value ot the property mortgaged or to the so~ve~ty w~nsotventy of said /10RiGAGOR or the defe~dants, and that such rems, profits, income, issues and revenues shait be appl~ed by such Receiver accord~ng to the iien w equity of said MORTGAGEE and the praclice of such Court. 8. To duly, promptly and fully perform, discharge, execute, effect, cort~pfete, compty with and abide by each and every the stipulations, agreements, ~^^a~•~~na and covenams in sa~d promissory note and this mortgage set fwth. 4. Thaf in the event tAe ownenhip o( the mortgaged premises, or any parf Ihereof, becomes vested in a pcrwn other than the MORTGAGOR, the ~ 1.•.ORTGAGEE, its successors and assigns, may, without rwtice to the MORTGAOR, dral. with such successw or successor in in~eresl with reference lo this ~ mo.igage and the debt hereby secured in the same manner as wiih Mortgagw witMut in any way vi~;ating or d~scha~ging the Mortgagora' liability here~ under or upon the debt hereby secured. No tale of the premises hereby mortgaged and no forbearance on the part of the MORiGAGEE a its successora ~ or assigns and no extensio~ ot the time fM the payment of the debt hereby secu~ed given by the MORiGAGEE or its successora or assigns, ahall operate i to release, d~scharge, modify change or alfect the o~iginal liabil~ty of the MORiGAGOR herein, eilher in whole w in part. i 10. It is specifically agrred that time is of the essence of this contrad and that no waiver of any obligat~on hereunder w of the obligation se- cured hereby shall at any time thereafter.be held to be s wa~ver of the terms hereof w of the instrument secured herby. z d 11. In add;tion to the fwego ng month!y payments of princ paf and interest required by the prom~swry nore secured hereby, mortgagor covenants a~,d agrees to pay to mortgagee n~th each momh!y payinent an add~iional sum est~mated by mortgagee to be equal to 1 j 12 of the annual cost of the follow- ~ng: • A-All real property taxes le•ned or asse:sed agai~st thc above desvibed real estate. B-Premiu~r+s on fire and windsrorm ~nwrar.ce as herein requ~red to be carried on the improvemenb situate on the above described premises_ , ~ C-Premiums on such mortgage gua.anty insurar.ce as mortqagee shall fro~n t~me to time deem fit to carry on the loan secured hereby_ i Mortgagee shail f+om time to time notify mortgagor in writ~ng of the amount d~e and payable hereunder and s~ch sum shafl thereupon be due and ~.ayable on the d~e oafe of the ne+et monthly payment and each successive month thereafter ur.til mortgagee shall no~ify mortgagor of ~ change in such e ~ount. Such sums sFat! be applied by mortgag~e foward the payme~t of reat prope~ty taaes, insurance prem:ums, and mortgage ~darenty insurante s premiums. - ~ t' IN YJITNE55 WHEREOF, the sa~d MORTGAGOR ha: hereunto set h~s hand and seal the day andy~ar fi~st aforesaid. ` ~ Signed, Sealed and deliv~red in the presence of: _ ~ ' , ~ ~~44_ ~ ~ ~ ~ f1tEO an: °EC~qDEO o~w R bat~t n ~ • ST.L~1CiE C~..MTY FLA. (Seaq - Q- aQ ~ _ l ~A5 ` (Seaq # - _ f~ r. ^..oua7 er~ee osenbau~ cs~an ~ Q<< , F~~ ~ ~ ~ ~ SiATE OF~ ~ ~ ~ ~ couNn oF ' 1 - ~ ~1 Z 264887 ~ Before me personally appeared HowaZd Rosenbeua end R~1~ ROS~~t~ his wi1e, to me well known and krawn to me to be ~ ~ !he individwls dexribed in and who exetuted the fwegoing instrument, and acknowledged befwe me that they executed the same for the purposes ; ~ therein expressed. And the said R!!~K ROf~A~U3 ' Howa~rd Roses~baua N~~e of the said _ upon a separate and private ~ exam~nation by me taken separate and apart from her said husband, acknowledged ro and ~afore me that she executed said instrument freely and volum ~ rar;ly and without any compulsion, constraint, apprehens~on, w fear of or from her said husband. ' ~ WITNESS my hand and officiaf seal tfiis / day of- A. D. 19 73 ~ _ ~ - r~ Notary Public in and for the State of Ftorida et larye } ~ My Comm~ssion expires: Return io: First Federal $avings S Loan Association ~ `E~~At`~, i t- ' Of fort P:erCe. Fort P~erce. Florida N~3TA~iY PU9lIC, 5! _ of - . Mo. 26936~~ ' Qua!' ' d~in Nosiau Covntr Con. ' aion E:pires March 30, 197 ~:~x This Instrument Prepared ByJ H• Roberta, Jr. ~ . . , i First Federal Savings 8~ loan Associalion ~ , p~ ~ of Fort Pierce ' r~ Checked By.~:cl• . ~ti J"°`~ ~ = ~ ~ tFa - . 0 R w~ . ~'~~e~~~ - `4yr .eoo~ 219 PA~F 66? . ~~„'~~~v~4 . . , . . • ci z ~ - ii ~ : ~ ~ I ~ , ~ . _ ~ _ . _ . _ . . ~ ~ ~.~-~:~s