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Home My WebLink About2004 3. To pface a~d coniinuousiy keep on ti~e b•~~'d~+:ga noH or heiaa(te~ ~~~vate on sa~d ~and and on alt equ~p:~~cnt and personally cover.:d by this mo+tg ~gs, w~~h all premiums ~hereon pa.d ~n tuli, f~r~ ins~r~nce in ihe usua{ stondaid po:~ty (orm, in a fum aN;~co~ed by tht MOR(GAGEE, and w~ndstorm insurance in ths ~sual srendard po:.cy fonn, in e wm aNp~o.ed by ~he MORTGAGEE, in such cornpany or com, an:ea as the A'.ORTGAGEE may direcl; and all iir• and w:nJstorm ~nsuran~e pof~c~rs on eny of said b~iid~ngs, any interea~ thnrein or part thr~eof, in the aggrega~e s~m aforesa~d or in sacess thereof, ihall cuntaio ~he ~sual standa~d mor!gogee c~ause o~ such other c!ause as the Mo~tgagre may requ~re, maAing the Ioss u~~dar ~a~d poli- cies, each and ov~ry, payab'e to se~d MORTGAGEE as ~ts m~e~est mey appear, and eath and eve~y such poGcy shef~ be promptly ass gntd a~~d drlircr~d to any he~d by sa~d MORTGAGEE as furihar security to sa~d mongege debt, and, no~ less ~han ten (10) days in adva~ue of the expirat~on of each pol~cy, to da liver to sa~d MORTGAGEE e renewal tha~roE, ~oge~her with a receipl fw IAe prem~um of iuch renewal; and thero shali ~e no f~re or ~~irdsto•m ins~:ance pleted on any of sa~d b~ildings, any interest there~n w part Ihereof, unless in ihe form snd w~th ~he loss payable as afwesa~d; and in the evrnt any sum of nwney becomes payabte under such policy w poLciet said MORTGAGEE •h~ll have ~he oNnon to rece~Ye and apply the same on accouro of the i~~dabrrd- ness secured hereby o~ to perm~t sa~d MORTGAGORS to recaive and we it w any par~ the;euf 1or o:ner p~rE•oses, .•.nho.,t th.+.~r .v::~.,.,3 .:r ~,+.p~~r ing any equ~ty, lien o~ riyht u~der or by vhtue of Ihis mo:'gage; and in the evenl ta~d MORTGAGQRS shall fo~ any reason fai! to krep the sa~d prem[s=s so insured, or (ail ~o detive~ p~o~nptly any of said poLcies of insurance to sa~d MORIGAGEE, or fa~l promptly to pay fuI!y any p~en,~~m therefw or in any respect fail to perFwm, d~scharge, exec~te, effeU, comple~e. canply with and ab~de by ih~s covenant, or any part hereof, sa~d MUR7GAGEE may p~ace a~~tl pey for such insw~nce or •ny part thereof w~thout waiving a affecting any option, lie~, equ~ty, o~ nght under or by virtue ol this Mortgage, and the full amount of each and every such paymant shall be im,nediately dve a~d payable and shall brar intrres~ from iho date ?he~eof u~~il paid at ~he ?ate oi nme per centum per annum and to3ethe~ vvith such in~erest shaii be src~~ed by the 1~en of this mortgaga. 4. To permit, commit w suffei no wasle, impairment or delrrioration oi aaid property or any part thereof. S. To pay all and singula? the costs, charges and expenses, induding a reasoaabte attwney's fee and costs o( abstracts of title, inturred or paid at eny time by sa~d MORTGAGfE, because o~ in the event of thr faiture o~ ~he parl of ~he said MORTGAGOR to duly, p~o^~puy and fully pe~fo~m, d~scna.ge. e.ecute, e(~eU, comp!ete, co~nply w~th and ab:de by each and every ~he stipulanons, agreements, conditions, and cove~an+s o~ sa~d pranissory note a~~d ih~s nzortgage any w e~~her, and sa~d costs, charges and expenses, each and every, shell be immrd~atrly dve and payab!e; whether w not there be not~ce d~ mand, atte~npt to coIlect w suil pend~ng; and the fuH amount of each end every such paymrnt shall bear interest from Ihe date thereof until paid at the +ate of ~;ne per cena~n per a,i~w:i~; and all said cos~s, charges and expenses incurred or paid, together w~th such inte~est, shall be setured by the lien of ihls mortgaga 6_ That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, w(b~ in the evenl any a( sa:d sums of monry herein referred to ba not promptly and lully paid w~~h~n ~ha~~y ~30) days ~ex~ after Ihe same severatly txcome d~e and payable, without demand o~ notice, or (c) in the event each and every ~he s~ip~iations, agreeme~its, tond~tions a~d covenants of sa,d promissory note and ~h~s nwrtgage any or either are nol iuly, prompNy and tully performed, d.xharged, eaecuted, effected, complete~, compl~ed with ar.d abid:d 4y, then in e~ther ot any such event the aa~d ag gregate sum ment~oned in said promissory note then remaining ~ipaid, with interest accrved, and ali moneys secuied hereby, shall become due and pay- able fo~thwith, or ~hereafter, at the op!~on of sa~d MORiGAGEE, as lufly ard comp(e~ely as if ail of the said sums of money were or~glnally st~pu~ated to be pt+id on such day, anything in sa.d p~o~~~ssory note or in this Mwtgage to the contrery no~wiihstand~ng; and thereupon or thereafter ai the opnon of said MORTGAGEE, without notke or demand, suit at !aw or in equity, the+~pre a thereaher begun, may be prosecuted as iE all moneys secured hereby n,~d matured pnw ro its institut~oa 7. That in Ihe event that at the begin~ing of or a1 any time pending any suit upon this Mortgage, or to fweclose it, or to reform it, or to enfo~ce payment of any daims hereunde?, sa~d MORTGAGEE shaH apply to Ihe Court having jurisd~ctiun thereof for the appo~ntment ol a Receiver, such Court sha~l iorrhwith appoint a receiver of said mortgaged propzrty aiI and si~gular, includ~ng ail and a~ngu~ar ~he income, proi~ts, issues artd reven~es from whatever s. ~rce derived, each and every of wh:ch, it being exp~essly understood, is hereby mortgaged as if spec~ficalty set for!h ~nd described in the g~aming ar.d habertdum dauses hereof, and wch Receiver shall have a11 the b~~ad anii ef(ect~ve funct,ons and powe-s in anywne emr~sted by a Court to a Reteiver, and . s. ,h appointment shatt be made by such Court as an ad~nitted equity a~d a matter oi absolute riyht to sa~d MORTGAGEE, a~d w+rhout reference to ti~e adequacy or inadeqvacy of the va!ue of the proFerty mongaged or to the so:venty or ~nsoivency of said MORTGAGOR or Ihe deFendants, and that such rents, profits, income, issues and revenues ahall be appiied by such Receiver ac.ordu~g to the lien or equity o( said M~RTGAGEE and the prectice of such Court. 9. To dv!y, prompt:y and fully perform, d;scharge, execote, effect, compfete, comply w~th and abide by each and every the stipulations, agree:neMS, conditions and covenanfs m sa~d pro^~~ssory ~ote and th~s mortgage set forrh. 9. That in the event the ownership of the mortgaged premises. oT any part ihcreof, becomes vested in a person otF.er than the MORTGAGOR, the :'.ORTGAGEE, its successo~s and ass~gns, may, wi+ho~t notice to t~e ~Y.ORTGApR, deal w~th such successw or s~cceiso~ ~n interest with ~eference to this mortgage and the debt hereby secured in the same manner as wirh l.tortgagor wilhout in any way vinating w d~xharg~ng the Mortgagors' iiability here- ~nder or upon the debt hereby sece~ed. No sale oi the pren:~ses h~-reby mongaged ar.d no forbearante on the part oS the IAORTGAGfE or its successors or ass~gns and no extens~on ot rhe rime for the payment of the debt he~eby secured given by the f80RTGAGEE or its successors or ass~gns, ahail operate ~o release, d+scharge, mod~fy change or aifect the ongmal I:ab::ity of the kIORTGAGOR herein, eithe? in whole or in part. 10. 11 is spec~fically agreed that t~me is of the essence o~ fhis contract and that no waiver of any obt:gatlon hereunder or of the obiigation se- cured he+eby shaf! at any time thereafter be held ro be a wa~ver of the terms hereoi w of the insrrumem sew~ed herby. 11. In add,t:o~ to the `.orego n9 mos~tFry pay~n_nts of p:inc pa! and inrere:~ req~i:ed by the pram sv:ry ne<<~ secured hereby, mortgagar covenants a•~d agrees to pay to rt:ortga~ee •n,rh each rnonrh;y ;,ay:.,ent an add,do:ial sum rsi.~~•eted by mortgagee to be equal to 1, 12 0{ the annual ccst of the follow- ~^.g: - A-AII real Hrope~ty taxes levi_~ or assess_~d agzl~st the above desc~ib~ d real estate. 8-Pran~.~u•res on fire and v:;ndstorm ~nsurac:e~as herc~n requ;red to be carr~~d or. the ~mproveme~ts s~tuate on the above d_scr~bed premises. C-Prem~~ms on such mortg~ge guar~nty icsura~ ce as mortyay^~e :hail frem t me to time deem fit to carry o~ the loan secured hereby. ~ Mortgagee s~a!i frcm time to t;rne no!ify morfqager in writ;ng of the amovm d~e and payabte he~eunder and such wrn shaU thereupon be due and ~ ; 3yable on the due date of the ~7e~t month:y payment a~~d each successive month tnereafrer ur.til mortgagee shall notify mortgagor of a change in such i ~-•oum. Such z~ms s} a;i be appG_d by moragagee roxa~d tne payn:em of real property taaes, insurance prem.ums, a+~d morfgage guaramy insurance ~ p•emi~ms. , ~ IN WlTNESS WHEREOF, the sa~d A10RTGAGOR has hereunto set h~s hand and seal the day,~~~ firy afore . Signed, Seated and delive~ed in the presence of: ~ i~~ ~ ~ _ - . ~v r ~J ac~~-- a p ~seao csea~) € {'l/it/~ • J BiT~ ' (Seatj ~ - ` (Seaq ~ . ~ 5?ATE OF FLORIDA ~ ' St . Lucie ~ ~ CJUNTY OF ~ ~ - Before me personally appeared -lack 1) Sc3T„)j~ and Jcl. 111 CE S. ~3.~~'~ his wife, to me well known and knoyv~ tio;rr~~jp ~ the individuals described in and who executed the' for oing instru m, acknowtcdged before me tkat they executed the same- fo{ ihtJ pur , ~ .f~nice ~app v`~ . ~-~'%r.._~ . ~ sherein expressad. And the said- ~-~.-.~di)`,) ~ e r.:fe of the sa~d ' upa~ a sep5ra~'Lnd priv5~ ~ ~.,amenat~on by me taken separate and apart from her said husband, acknowtedged to and before me that she executed said insGum~nf fre~~yi aq4! v~rq'~. = ~ +ar~ly and wfthout any compu'sion, cor.straint, apprehensio~, r fear of or fiom her said husband. ~ ~ _ F- - O ~ WITNESS ~ny hand and offic~al seal this__ day of Oc t n be r : ~ p~ ~q~' ~ ~ ~ ~ i . - ~t.s e~ ~c t-, - Notary Public in and for the tate of F{or;da et~tlrgq,,,.-•~_' - Mv ~ommission expires: , . ST ~ Return To: f : : F }J f :J ~ ~ ' r . , - . - First Federal Savings a loan Associa~~on~ + ; o+ Fort P ~t•Ci1MEN1ARY~` ~ STI~MP_.t. ~ ~ , _ „ . . _ „ „a Fori V~<<ce. Ficr~d~ ~cP: J~ R~YENJE r i ~ __~~r~~•»~~~.-~~ 3 6. 0 0~ ~ = Po_ - : ~ ~ \ F~~ = i~i~,z- ~";:~:C~- FIL.-`UC M~ PEG IE COUM ~ This Instrument Prepared By Ki Char~.i K. fC~ye S si aocz~ ~ a<<R~~ x_~ First Federal Savings & Loan Association ~~EPK_Cti~•~31t COU~j p;; of Fort Pierce , F 1~~ ricia , ~E~aAO YE~:f1E0...~~" ~~3 - oi Checked By i~ R 7~9 PAr,E2~~J SOC~ ~ 2659 ~ ~ _ - ~ . . _ _ ~ u . _ _ _ . _ -