The URL can be used to link to this page

Home My WebLink About1320 , 3. To plac~ and continuouily keep on the bui'd~ngs now or hereafter a~tuete on ~aid land and on ali equip~nent and personatly covered by this mor~g- ~g~, with •II premiums thereon pa~d ~o full, fire insurar~ce ~n the us~al s~and~rd polity fo~m, in ~ sum aNproved by ihe MORiGAGEE, and w~ndsto~m insurancs in tM usuel s~andard pol~cy fo~m, in a sum .pp~oved by ~he MORTGAGEE, i~ ~uch company or cempan~es as the MORiGAGEE may direct; and all firs and w~~d~torm insurance poliuei on any of said build~nps, ~ny interesl the~ein or part the~eol, in the aggrega~e sum •loresaid a 7n excess the~eol, shal! co~tain the usual s~andard margagee clause a such o~hv clause ss the Morigagee may requ~rs, maling ~ha Ios~ unJer sa~d poli- c~es, eath and every, payable ~o said A10RTGAGEE as ~ts in~erest may appea?, and each and every such pol~cy shait be promprly ass gned and dr:~verrd fo sny hefd by said MORIGAGEE as further security ?o said morlgage debt, and, no1 les~ then te~ (10) dayi in adva~xe o( the expirafion of each pol~cy, 1o de- ~+~er ~o said MORTGAGEE a renewal thereof, toge~he~ with a rete~pl fw the premium of such ~enewal; and ~here shall be no Gre or windato~m insurance p~sced on a~y of said buildi~gs, any interest 1F~ere~n w psrt thereof, unless in rhe fo~m and with Ih~ loss payable as aforosaid; and in the eve~l any sum F of money beca-ne~ payable under s~ch policy w policies said MORTGAGEE shal) hava the option ro receive and apply tha same on accounl of the i~d~b~ed- i ness secur~ hereby or w permit said MORTGAGORS to receive and uss it w any part thrreof fo~ o:iicr µurj.oses. ~v~rho~t th b~ ~n•;i.+..~ or ~~,~pai~• ~ ing any eqv~ty, litn ot ~ight under a by viitue ot this mo:•yage; and in the event ta~d MORIGAGORS shall for any reason fail to keep ~he sa~d prern~~~ so ~ insured, or fail 1o detiver promptly any of said pol~cies of insurance to sa~d MORiGAGEE, or fail promp~ly to pay fulty any prem~um thereiw or in any ! rosped iail 1o perfwm, d~scharga execute, ef(ec1, cortiplete, compty wit1~ arrd abide by this covenan?, or any parl hercof, said MGR7GAGEE may piate a~,d pay fu such insurance or sny part thereof without waiving w affeuing any optio~, lien, equity, or ri~ht under or by virtue of this Mortgage, and the lull amovnt of eath ar+d every such paymeM shall be immediately dve and payable and shafl bea~ interest from the dote the~eoi uNi! paid at the rate ol nine per centum per an~um and togrther with suth iroereat shaU be secu~ed by the lien of this mortgage, 1. To permit, mmmit or suffer no waste, impairment w deterioration of said property or any part thereof. y 5. To pay afl and singulsr the costs, charges and expenses, Including a reasonable attwney's fee and custs of abst~ac~s of ritle, incurred o? pa~d st any time by said MORTGAGfE, becauu or in the event of the fa~iure on the pa~t oi the said MORTGAGOR to dvty, pranptly and fully perform, d~scha~ge. execute, efiecl, complete, comply w~th and ab:de by each and every the stiputanons, agreements, conditions, and covenants of said promissory note and th;• mortgage any o? ei~her, a~d sa~d coah, chsrges and expenses, each and every, sMll be immediately due and payable; whether or not there be not~ce dr mand, attempt to cotte~t w suif pend~ng; and the ful! amoun! of eacF? and e~ery such payment shall bear interes~ from the date thereof until paid at the rare of nine pe~ centurn per aouum; and all said cosis, charges and expenses incurred or paid, ~ogether wdh such interest, sAall be secured by the lien of thi~ mo~ t9age- b. That (a) in the event of any breach oF this Mortgage o? defaul~ on the part of the MORTGAGOR, cr (b) in the event any of sa~d sums of money herein referred to be ~ot pro~nptly and fully paid within th~rty (30) days ~ext aiter 1he same severally become due and payable, wi~hout demand o~ notite. or (c) in the event each and every the stipulations, agreements, conditions and covenants of sa.d promissory note and th~s mortgage any or ei~her are nol ~uly, p~omptly and fully pertwmed, d.schargad, executed, eifected, compteted, complied wi~h and abided by, then in ei~her w any such event the said ag giegate sum mentioned in said p~omissory note the~ remaining unpaid, with interesl accrued, and all moneys secured hereby, shati become due and pay- abte fwthwlth, w thercafte~, at the opr~o~ of sa~d MURTGAGFF, as lv1ly and completely as il all of the sa~d sums of money were a~g~nally s~~pu~ated ro be pa~d on such day, anything in sa;d prom~uwy note or in this Mortgage to Ihe co~tra~y notwithstanding; and thereupon or thereafter at the op~ion of sa;d MORTGAGEE, w~thout not~ce or demand, suit at taw or in equity, therefwe w thereafter begun, may be prosecufed as if all moneys secured hereby had maturt~ pnpr fo it3 institutio~. 7. That in the event that at the beginning of or at any time pending any suit upon this N!ortgage, a to faeclose i1, or to re(orm it, or to enforce payrrKnt of any claims he.eunder, said MORTGAG"cE shail apply to the Court having junsdrction thereof fw the appointmenf of a Reteive?, such Covrt shall Forthwith appoirtl a receiver of said mortgaged propeity all and singular, intlud:ng all and aingutar the income, pro(its, issues and revenues from whatever source derived, each and every of which, if being expressly unders~ood. is hereby mor~gaged as if specificaily set fwth and described in the g~anring and habendum ctauses hereof, and s~ch Receiver shali have a~l rhe broad and effecrive funct,ons and powers i~ anywise entrusted by a Court to s Receiver, and s~ch appointment shal! pe made by such Cou~t as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequacy or inadequaty of the value of the property mortgoged or to the so~vency w insoivency of said MORiGAGOR ar tAe defendanls, and that sucfi rrnrs, profin, income, iuues and revenues shall be applied by such Rece~ver accord~ng to the lien or equity of said MORTGAGEE and the practice of such Court. 8. To dufy, promptly and fully perform, discharge, exec~~e, effect, complete, comply with and ab+de by each and every the stipvlations, aqreements, conditions and coveoams ~n sa~d promissory note and th;s mortgage set forth. ~ 9. That in Ihe event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MOkTG~4GOR, the MORTGAGEE, its succeuors artd ass~gns, may, without notice to the h10RTGAOR, deal w~th such successw w successor in interest with reference to this mortgage and the debt hereby secured in the same manner as wirh 1Ao.tgaqor w;thout in any way vit~ating or d~scharging the Mortgagori liability herr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no (orbea~ance on the pa~t of the MORTGAGEE or its s~ccessors or ass~gns and no extension of the time for the payment of fhe debt hereby secured given by the MORTGAGEE o? its succeuors or assigns, ahall operate ro release, d~scharge, modify change or affect the original liabiGty of the N10RiGAGOR herein,. either in whole w ie part. 10. It is specificatty agreed that time is of the essence of this contrad and that no waiver of any obtigation hereunder or of the obligation se~ cured hereby shatl at any time thereafter oe held to be a waiver of the terms hereoi or of the instrument secured herby. I 1. In add.tion to the forego"ru~ month!y paym=ms oi princ pal and inrerest required by the p~om~sso?y note secured hereby, mortgagar covenaMs and agrees to pay to mortgagee v.~th each monthly payrnent an add~~ional sum estimated by mortgagee to be equal to 1; 12 of the ann~al tost of the iollow- ing: A-All real property taxes lev~ed or assess~d a9ai•~st the above descri5ed real estate. B-Prem~u~ns on fire and windstorm insura~ce as here%n requ:red to be carried on the ~mproveme~ts s:tuate on the above described premises. C-Premiums on such mortgage guaranty ;nsura~~ce as mortgegee shait fro~n t!me to time deem fit to carry on the loan secured here6y. Mortgagee sha~l from t~me to time not~fy mortgago~ in writ~ng of the amoum due and payabte herernd.~r and auch sum sha(1 thereupon be due artd cryable on the due date of the next month:y payment and ea~h successive mo~th the~eaft~r ur.ti! rtwrfgagee shall notify mortgagor of a change in such a~-,ount. Sucfi sums shall be appiied by mortgagee foward the paymem of real property taxes, insurance prem:vms, a~zd mortgage guaranty insurance p~emiums. IN Y~tTFJESS WHEREOF, the said MORiGAGOR has hereunto se! his band and seal the day and year first aforesaid. „ Signed, Sealed and delivered in the preaence of: ~ t-~ru~~ ..a---s~t~e/ ~pm.e.~.. ~C -~.Sea~ ; Domnick Roberto ~~a~ ; ~ L- ~ ~/K~Y~4~ / c~1',+~cst.v~.s (seaq ~ ~ _ Anna Roberto {s~an , ~ SiATE OF FLORIDA , ~ ~ ~,1. u. ~ COUNTY OF - ~ 8efore me persona!!y appeared Roberto and ~ ~Y+IIa Fcoberto his wiie, to me we11 known and known to me to be s rhe individuals described in and who executed the fwegoing instrument, and acknawledged before me that tFxy executed the same for the purposes ~ Anna Roberto ~ thrrein expressed. Aod the said " _ w~fe of the sa;d Don~niek Roberto upon a sepira~~ and privsfe exam;nation by me taken separate a.id apart from her said husband, acknowledged to and before me that she executed said instrumenT~ freRl{~~"~d volun~ ra~~ly a~d w~thout aoy compolsio~, constraint, apprehens~on, or fear of or from her said husband. ~ ~ Tr i . WITNESS my hawd and off;cial seal this ~ day of OCtOb@Z ~ a•~ •~7~ ~ - A`Y • ~ _ /t J ~ t ~J v Notary Pubtic in for the State af F!o 1Arge ; ~ My Comm~ssion ires: /,7 s Return To: . ~ ~ , ~ First Ftderal Savings S loan Associat[on i Of Fort P:erce. N~py pub5c, Sb~ of /~o!~~ . y Fort Pierce, F~orida My Cei*~su°^ E~`P'r~s ~d. j~: ' ~ ~o~a.a by Am•ri~a~ Fv. 6 cwv~+ti ' ~ This Instr~ment Prepared By J. H. Robezts Jz. p 0~ ` First Federal Savings & Loan Association ' ~~~`s~~Egp~NTY~U. ~ ; of Fort Pierce , Florida ROCER PO~ta~s ~~O :9 CIERK CtRCU1T COtlRT ` Checked By ~ I1ECCkD VERtFtEO ~~~K219 pA~Fi319 ~T ~ ~o sz ~?'z3 s r~ . . - _ : . -