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Home My WebLink About0812 3. To place and continuously Aeep on ihe bui'd~ngs now or hereaher ~ituate on said ~and and on ali aquip~~~r~t snd penonally coverrd by lhis mortg- ags, with all premiums thercon po.d in full, f~re insvrance in ~hr vsual sta~xlerd po~~ty form, in a sum app~o~ed by the MORIG:+GEE, and w~r,diiorm insurance io the usval standa.d p~Lcy toim, ia a s~m approvad by the A10RTGAGEE, in such cornpany or compan~es as tho A50RTGAGEE may d~rrct; and all firs and w~ndstorm ~nsu~ance po!iues on any o( sa~d twitd~ngs, any intue?~ therein or part thereof, in the aggregare su~~ aforesaid w In exces~ thereof, sAell contain ths usual star.dard mortgagas clause or iuch ahe~ ctause as the Morrgagee may reqwro, mak~ng t1~e iois u~~de~ sa~d pol~ cirs, each and every, payable to said MORTGAGEE as its in~ere~t may appear, and each and every such po~+cy shall We pion:ptly ees g~~rd a~~d deliv~~~•d to eny held by ss:d MORTt,AGEE as (unhr~ security ~o w~d mortgage debt, a~~d, not leu than ten (10) days in edvance of ~he eapi~atio~ oi each policy, to dr Gver to said MORTGAGEE a renewal thereof, fogcther wiih a rece~pt fo? the premium of such renewal; and thrre shall be ~o f~re or windstorm insurance plsted on any of said buildings, any inte~est therein a part t!~e~eof, ~nless in the fo~m and with the loss payable as a(o~esaid; and in the eve~1 any s~m of money bctomes payable uodcr wck policy w poGcia: said MORTGAGEE shall have ~he opf~on to receive and apply the wme on accoun~ oi the indebted• ness secured he~eby o~ to permit aaid NIORTGAGORS ro receive and use it w eny part theceof lor ofner Hurposrs, v.~~ncut th:r. u; w.,i~~ +g u~~p.,ir- ing any equity, lien w r~qht under ot by virtue of this mottgage; and in the even+ sa:d MORiGAGORS shall tor any rraso~ fait to keep the said premisrs so iniured. ar fail to deliver promptly any of said poGcies of insurance to said MORTGAGEE, or ioil promptly to pay fuily any premwm thereior or in a~y respect fail to perfam, d~scharge, e:ecute, e(fect, completa, comply wi~h end ab~de by th~s cove~ant, a any part hzreof, sa~d MURTGaGEE may p~ace a~~o pay fw such insurance ot any parl thereoi witlwut waiving a affecti~g any option, lien, equ~ty, or r~ght unde~ or by vi~tue of ~hia Mortgage, and the tull amount o( each and eve~y such payment shall be ~mmediately due and payable •nd shafl bea~ interes~ f~om the date ~hereof until p~~d at ~he rate of nine per cenium per annum and to~rther vvilh such interest shal~ be secured by Ihe lien of this mortgage. 1. To permit, commit a suffer no waste, impairment or deterioratio~ of said property or any part thereof. 5. To pay all a~d singu~ar the costs, charges and expenses, inc~uding a reesonable attorney's (ee and costs of a6strads of title, incurred or pa~d at any time by said MORTGAG.E, because or in the evem of the fa~ture on the pa~t of ~he said MORTGAGOR to duly, promp:ly and fully perfwm, d~scharge. execute, etfett, comp:ete, comply w~th and ab:de by each and every the stipulations, agreements, conditions, and covenants of sa~d prom~ssory note and ~his mortqags any or either, and said costs, charges and expensrs, each and every, shatl be immedia~ely due and payable; whether or not the~e be no~~ce d~ ma~d, attempt to collect or t~it pend~ng; and the full anwunt of each and every such payment shall bear inrerest i~om the date ~hereof un~il peid at the 1 ~.;re oi nine uer centum ~xr anuum; and ai! said ccsts, charges and expenses incurred or paid, together w~th such interest, shall be secured by the iien of th~s ! morl9age. 6. That (a) in tFx event of any breach of this Mwtgage or default on the part of the MORTGAGOR, w(b) in tAe event any of sa:d sums of money herein refer~ed to be not pranptly and fully paid within tn~rty (30) days nex~ after the same seve~afly become d~e and payable, without de~nand o~ norice, or (c) in the event each and every ~he st~pulat~ons, agreements, conditions and covenants of sa:d promissory note and 1h~s mortgage any or either a~e not j ~uiy, promptly and fully performed, d:scharged, executed, effected, completed, complied w~th and ab~ded by, then in e~ther or any such event the sa~d ag gregate sum mentioned in said promissory ~ore then ~emaining unpaid, with inte~es~ accr~ed, and alI moneys secured hereby, shall become due and pay eble forthwith, or thereafter, at the opt~on of said MORTGAGEE, as fully and completely as il all oi the sa;d sums of money we~e or~ginally s~~pu~ated to be pa~d on such day, anything in sa;d promissory note or in this fdatgage ~o the conua~y not,nrithstandi~xJ; and thereupon or thereafter at ~he opt~on of sa~d MORTGAGEE, without not~ce or demand, _suit at law w in equi~y, therefore or theraaizer begun, may be prosecuted as if all moneys sec~red hereby n~d matured pr~or to ~ts insGfutron. 7. That in the event that at the beginning of w at any time pending any suit upon this Mortgage, or to foreclox il, or to re(orm it, or to enfor~e payment of any claims hereunder, said h'10RTGAGEE shall apply to the Court having ~urndrction thereof (or the appo~ntmem of a Receiver, such Court s!~all iorthwith appo~~t a receiver of said mortgaged prope?ty al~ and sing~lar, indud~ng aIl and sing~~ar the ir.come, profifs, issues and revenues lrom whatever se~rce derived, ea<h and every of whlch, ~t being expressly unders~ood, ia hereby mortgaged as if speufically set iorth artd described in ~he granting and habendum clauses hereof, and :uch Receiver shall have all the broad and effec~i~e funct;ons and powers in anyw~se entr~sted by a Court to a Recei~er, and s:,:h appointme~~ shall be made by such Court as an admitteti eq~ity and a matter of absolute right to said MORTGAGEE, and wiihout reference to the adequacy or inadequacy of the value o1 the proper~y mongaged or to the sowency or ~nsoi~ency of said MORiGAGOR or the defendants, ar.d that such r•~~is, profits, incorne, issues and reven~es shali be appGed by such Receive~ accord~ng to the lien w equity o1 said tAORTGAGEE and the practice of such Cevtt. 8. To duly, promptfy and fully perform, discharge, eaecute, effect, complete, comply with and abide by each snd every the stipulaiions, agreements, :onditans and covenants ~n sa~d ptomissory note and this martgage set forth. 9. That in the event the ownership of the mortgaged Fremises, or any part ther~of, becomes vested in a pe~wn other than Ihe MORIGAGOR, the i !1.ORTGAGEE, its successws and ass~gns, may, wirhout r,otice to the MORTGAOR, deat with s~ch successa or successw ~n inte~est wi~h re(erence to this R~.o-tgage and the debt hereby secured i~ the same manner as with Mortgagor wi~hout in a~y way vitlating or d~uharging ihe /~lortgagors' liability here- ur,de+ w upon the debt hereby secured. No sale of the premises hrreby mortgayed ar.d no forbearan~e on the part of the IAOR7GAGEE or its successors or assigns and no exrension of rhe time fo. the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, aiull operate ro re!ease, d~scharge, modify change or aftect tFre original liab:lity of the h.ORTGAGOR herein, either in whole or in part. 10. It is spedfically agreed ~hat time is of the essence of th~s contract and that no waiver of any ob~~gation hereurder or of the obligation se- cvred hereby shal{ at ary time rhereaiter be he:d to be a waiver of the terms herecf or of the instrun,ent secured her6y. 11. In add~tion to the forego nry month!y paymems of princ aal and inrerest req~~red by the prom;sscry no~e secured hcreb~, mortyagor tovenants 3nd agrees to pay to mo~tgagee v~ith each momhiy pa~~::rnt an add~~iona! sum est~~r.ated by mortgagee to be eq~al to 1/ 12 of ihe annual cost of the io(iow- A-AU real property taxes levied or assessed agai•~s! the above descri5cd rea! estate. _ B-Preml;,ms on fire and windsrorm insu~arce as here~n requ:red to be car~ic,d on the ~mprovements situate on the above described premises. C-Fremiums on svch mongage 9uarar.ty ir.syca~.ce az moargagee shall fro•r. t~me to time deem fit ta carry on the loan s^_cured he~eby. ~ Mortgagee sha}I from nme to t~me notify mortgagor in wrinng of the amount d~e and payable hereundar and such su:n shall thereupon be due and ~ ;~yabte on the due oate of ihe next menth!y payn,ent and each successive m.or.th thereah_r ur.ril mcrtgagee ihall not;fy mor~gagor of a change in such ~ a- ount. Such sums sF.ail F~e arpiied by murtga^y~e toward the paymeni of real property tazes, insura~ce p~em:ums, and murtgage guarenty insurance c;~emiums_ ~ IN WITNESS Y:HEREOf,. fhe sa~d MORTGAGOR has hereu~to set his hand and seal the day and year first aforesaid. ~ Signed, Sea:ed and d e~re~d~ in~ t~he~ presence of: ~ ~7 ~ - ~ ~yl~C,C.Gl~i ' - (Seal) ~ wl ntas ~ _ . er • CtI~Y@~L (Seal) f ~ U'•.Ld ~ (Sea4 ~ ~itnesa _ Patricia . ~Char~st ~~a~~ ~ ~ SiATE OF FLORIDA ~ ~ ~OUNTY OF St~ L11C~Q ~ ~ ~ Befwe me personatly appeared RO er R. ~18Z@St - a~ ~atY C • rQS his wife, to me well known and known to me to be ~ tne individuals described in and who executed the fwegang inst~ument, end acknowledged before me that they executed the same fw the pvrposes ~ rherein expressed. And the said _Patzieia J. C~leSt w w~fe of the said ROO@Z R. Charlft upon • separste and privat~ ` efaminat~on by me taken upa~ate artd apart from her said husband, acknowledged to and before me that she executed said instrutnent fr~e~.~~d volurr ~ _r;'ty and without any compuision, constraint, apprehensr~ear of w from ber said husband. . ~t~~ ~J'~:i ' ~ WITNESS my hanJ and offic;al seal th~s_ L~ day of ~tO~r ~~C ~'•199~"' iy .'h ~ ~ JCt- x,` 'l~~ a{ a~ ~ ~ Notary Publit in and for the State o~~~ qt~ _ • My Commission expires: _ • 1 ; . ri Return To: , . ~ N : V ~ ' V ~ ` Firsf Federal Savings b loan Associat:on c' Of Forr V,e-ce. MOiARY PU£i1C. STAiE of F ,-~J ` LbRIDA it•{,~,RGl~~,.• n' ~ Fo~r Pierce, florida - f.ir C~;!~~:1 %~tOTI _FJ(eIRES 1AH. 7; ~1gll ~ - ~Cnd¢d 8 ' ~ , y Arrw~can Bar.kers In~~~t ' ~ '.~.1'.t'M~• ~1 ~ This Instrumeni Prepared By G~ry F. Ell~rOOd p~{~ kEG R EO ~ First Federal Savings 8 loan Association f},~~~ilE GOIiM~Y~L~- ~ _ of Fort Pierce , Florida ~96~~ ?9~r~~s ~ ~ ~tF~K ~,~ev1T +GOURt ' Checked By ~ Qf.C4R0 YE~:flEO_ iQ ~ p~ 3 9 s3 ~~13 ab Y~ E~a~ ~~.9 f'AGE 81 . Z ~ ,~64990 ~3 ~ ~ ~ .y ..~~..-v, _ _ . _ _ . . . , ~ "~c