The URL can be used to link to this page

Home My WebLink About1812 3. To p!ace and continuous~y keep on the b~i:d~~~9s now or he~eafter ~ituare o~ sa~d land and on all equipmant and perso~ally cove~rd by this mo~tg- age, with all premiums ~hzrcon pa:d in iult, f~re insurance in the usual s~e~xlard policy form, in a sum appro~ed by the A1QR~GAGEE, and w~nds~orm ~nsura~ce in the usual srandard pof,cy form, in a wm app~oved by ~he MORTGAGEf, in iuch company or compan+e~ as the MORTGAGEE may d~recy and all fire and w~nds~orm insurance poGc;es on any of sa~d build~ngs, any interei~ there~n or part tnereoi, in iiie oyyr~ya:e a`.~:=;_~' in exteas Ihe~eof, sha11 contain the uaunl standard mongagee tlause o? such other tlause as the Mortgagee may raqu~ro, msMing ihe iosn ~ndrr sa~J poli- uas, each and every, payable lo said A10RTGAGEE as os int2~asf may appea~, and each and every wch poGcy shali be promptly ass g~,ed a~~d dal~oered ~o sny held by said MORiGAGEE as (u~~her security to said mortgage drbr, and, no~ less than ten (10) days in ad~ance of the expira~~on of each polfq, ro da ' liver to said MORTGAGEE a renewal the~eof, ~oge~her with a rece~pi iui i ~e Frzmium o! tuch renewal; and there thall be ~w i+re cr wind~~ono insurance t p~ated on eny oi sa~d buildings, any intercal Ihcrein or par~ thereof, unleu in ~he form and wi~h the loss payabte as s(oresaid; and in the eveM any sum of money ~^mes payaLie under such policy or pol~cios said V10RTGAGEE shall have the opt~on ro receive an:l appty the same o~ account of the indrbted- ness secured hereby o~ ro perm~r sa~d MORIGAGORS ro recrive and use it w any pa~t tner~oi tor o:i~cr H~r~ ~srs, .•..~i;•..,t ~h o; w_:~., or ~=~,p:.~r- ing any equ~ty, lien or r~ght under w by virtue of this morrgage; and ~n the event sa~d MORTGAGOR$ shall for any rcason iail to keep ~he sa~d prem~s•~s so insured, ot fail to deliver promptly any of sa~d polic~es of ;nsuranca to sa~d MOR1GAGfE, or fa~! promptiy lo pay fu~:y any premium thcrelor or in any resped fail ~p per(orm, d~scharge, execute, e((ect, canple~e, comply wi~h and ab~de by this covenant, w any parl hereof, seid AAURiGAGEE may p~ace a•~a - pay fw auch insurance o~ any part thereof w~rhout waiving w atFecting any option, lien, equ~ty, or r~ght under o~ b~/ virtve of this Moregege, and !he fuH amount of each and every such payment sball be im,nedietely dve and payable and shall bear interest from ~he da~e thereof ur,i;1 poid at the ra~e ol . nine per centum per annum a~~d togrthcr with svch inter~s~ shali be sec~red oy the lien of this mortgage. t. To permit, commit or su(fer no waste, impairment w deterioration of said property or any part thereof. 5. To pay al) and sing~lar the cqsis, chargcs and expenses, inciud~ng a reasonabte attorney i fee ar,d costs oF abstracts of title, intu~~ed or paid any time by said A10RTGAGfE, because or in the event of the failure o~ the part of ~he said MORTGACsOR to duiy, pron,ptly and fully pr~form, d~scharge. execute, efieci, -.~nplete, comply wrth and ab:de by each and every the stipu~anons, agreements, conditions, and covenams oi said p~omiuory note and this mortgage any o~ either, ard sa[d tosts, tharges and expenses, each and eve.y, shall be immrdiate?y due and payable; whether or nof there be ne~dca d~ mand, attempt to w'c:ct w suit pend~ng; and the ful~ amount of each and every such payment shalt bear interes~ from fhe date thereof until pa~d al the r.,te oF nirte per centum pec aniw:n; and all said cos~s, charges and ez,xnses incurred w paid, Iogrther w~th such inrerast, shalf be sxured by fhe Gen of thts morlgage. 6. That (a) in the eve~t of any breach oi this Mortgage or detau~t on the pa~t of the MORTGAGOR, w(b) in the evert any o4 sa:d sums of money i herein rcferred to be~ not prpnptly and futly paid within Ih~rty (30i days r.eat aiter the same severaily become due and payab!e, without demend or norice, or (c) in the event ea<h and every the slipu'cations, agreements, conditions and covenants of sa.d prom~ssory note and th~s mortgage any w either a~e no1 ~u;y, promp~ly and fully performed, d~scharged, execueed, effec~cd, completed, tomplied wi~h and ab~ded tiy, then in e~ther or any such event tha aa~d ag gregate sum mentioned in said promissory nore then remaining unpaid, with imerest accrued, and ail monays secured hereby, shall become due and pay- ab;c forthwith, or thereafrer, at the option of sald MOR(GAGEE, as futly and compleiely as if stl of thr said wms oi money we~e a~ginally s~~pu:ated ro be pa~d on such day, an~thing in sa:d prorn~ssory note w in this Mw~gagr to the co~rrary notwiihstand~ng; and rhereupon or thereafrer ai the op~:on of sa d hiOR~GAGEE, w;thout nor~ce or de:nand, suit at iaw or in equity, therefore or tAereafter beg~n, may Le prosecuted as if all moneya secured hereby r,~d matured pnw to di inst~tulion. 7. That in the event that at the beginn;ng of or at any time pending any su~t ~pon ihis Mortgage, or to forectose it, or to- reform it, or to enforce payment of any daims hereunder, said MORTGAGFE shatl apply to the Court havmg jurisd~cuon Ihereof for ~he appointmeot of a Receiver, such Court shail fc:thwirh appoint a rece~ver of sa~d mo+tgaged properly all and singular, indvd;ng all and singular the incon,e, proi~ts, issues and reve~ues f~om whateve? sc~cc~ ae•ived, each and every of wh~ch, it be~r,g express'y undersrood, is hereby mongaged as if speuficaAy sr1 fonh and deuribed in the granfing and habendum clauses her~f, and such Receiver shal~ have a(I the broad and effective fund~ons and po,vers in a~ywise erorusted by a Gowt to a Kece+ver, end s~ch appoinrment sha~l be made by such Cou~t as an admitred eg~ity and a matter of absoture right to sa~d MORiGAGEf, and w~rhout reference ~o the adeq~acy or inadequacy of the value of the property mortga~ed or to tke sowency or ~nso~~ency of said MORTGAGOR or the defendants, a~d ~hat wch ~ renfs, profits, income, issues and revenues shall be apptied by such Receiver accord~ng to the lien or rqu~ty of said ARORTGAGEE and the practice of such Court. • 8. To dufy, promptly and iully pe~fo~m, d~scharge, exec~te, efiect, complete, comply with and abide by each and every the stipulations, agree~nents, conditions and covenants ~n sa~d promissory note and th~s mortgage set forth. 9. That in the event the ownership of ~he mortgaged prem~ses, or any part lhcreof, becomes vested in a person other than the MORTGAGpR, the !.:~RTGAGEE, its s~ccessors and assigns, may, without netice to the MpRTGAOR, deal wirh such suctessor or successor in interest wirh ~eference to this r~ortgage and the debf hereby secu:zd in the same manner as wi+h Rlortgagor w~thouf in any way vitlating or d~scharging the IJbrtgagors' IiabiGty here- ~nder a upon the debt hereby secured. No sale of the prem~:es hereby mo+tgaged and no forbearance on the part of rhe ldOR~GAGEE or its suuessers or ass;gns and no extension of the time for the payment of the debt hereby secured given by Ihe MORTGAGEE or its successors or ass:gns, al~all operate ro re!ease, d~scharge, modify change or affect the original liability of the MORiGAGOR hereirt, either in whoEe or in part. 10. It is spet~fically agreed that time is of the essence of this tontract and that ~o waiver of any obligation hereunder w of the obtigation se~ cured hereby shall a~ any tim.e therEafter be hetd to be a woiver of the terms hereof w of ihe instrument setured herby, 11. In add.t:o~ so the forege ng monthly payn,~nts of princ paf and inreres~ requ~red by the prom s~ry no!r secvred hereby, morrga3or covenants ~•~d agr~es ro pay to mortgagee v:~th each monrhly Fa~r:iont an add~sional sum est~mated by mortgagee to be equai to 1,'12 of the 3~luv3l cost of fhe fotiow- A-A!! real prppeny ?axes fevi_~ or assess_d aga~•,st fhe acove descri6ed real estate. , B-Prerniums on fire and windstxre insuracce as hereln requ~red to be ca.ried en the improvemrnts s~tuate on the above d_scribed premises. C-Premiums on such mortgage guaranty irsvrer,ce as mortgagee shall from tim~ to time deem !it to tarry on the Ioan sec~red hereby. ~Aortgagee shail from time to r~me nw~fy mortgagcr in writing of the amo~~nt due and payable he~eundrr and suth surn shall thereupon be due an~+ ;_~yable on the dve oate of the next month:y payment and each success~ve month thereafter vr,til mertgagee sha".1 notify mortgagor of a change in such ~•,ount. Such sums sFali be app:ied by mo~tgag~e fov.ard the payment of real preperty texes, insurance prem:ums, and mortgage guaranty insurance c>' e mi Urt1S. IN Y~ITNESS WNEREOF, the said W~ORTGAGOR has hereunfo set his hand and seal tha day; a d year fint afor id ! , Signed, Sealed an~ deliv in the presence of: ~ _ ' ~ ~f e h L. Hasecos~ter (~a~ / ~ ~~'c~ (sea~) i _ _ Bett L. Nasecoster ~~ai~ f S i ATE OF FLORIDA ~ ~ ~ St Lucie u- ` ~OU!JTY OF • ~ i ~ Before me personally appeared .JOSep~1 I.. Haseeoster and g@tty t.. Hasecoster his wife, to me well known;at~d~ldMtl~Aryy/o me to be the individ~ats described in and w~Q e~c~c vte~ the}~ reg o~~r~ t, and ackn:.w:-~--d ~fo:s .~:e !ha! ths •xec~ted. :te for r es f3eLij7 1.. }iBS~cv~~~~ "'y` Y . 1 Vs~me ~ Pos nc~rein expressed. And the sa+d_ c • ' r~:fe of the sa~a __,~9sgnh L. Hasecoster pKate~1~gri4ate ~ e¦a~inat~on by me tyen Pparate and apart from h ~~h~nd, acknowledged to and before me that she executed_te~ ip~tr~ifreel~aAcfdtp~n- ` ranl and withovt an tom u~sion, constraint, a (d~fear of or f~om " husband, - ; t ° - ~ WtTMESS my hand and offic+a! seal ~his~ da ~ Novembez a .~.~s. r ` . ~ ~ . ,qc?p• l~i ~ Notary Public in and or the State;o FloridaM•tl~~ My Commission exP~res: ~Ar~ Retum To: ' _ ~ First Federal Savings a Loan Asso:iation , ~~r Of Fo~t P erce. T.+ S74if c' FLCP.lGA 0t LARGE fort P;erce, flerida , - i'-' I.'~.:i. 7. 1~7) . ~ ._:3,:~ ('a~ ?~ICV ~ny Y`V'~(~VCO ST. LUCIE ~JUMiY FIA. • This Instrument Prepared By John W. Collins RuCE~ ?:';RAS First Federa( Savings 8~ Loan Association C~Ef.! Ct=;,W7 COURI x,s.~~ ~ of Fort Pierce ~ Floiida REC~uC '+E::IFlED.._.,~~ Checked By - l 8 ve RN'73 26'~858 ~ ecc~ ~ 1~