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Home My WebLink About0076 3. To placa and co~tlnuousiy keep on tht Lui'd~ngs now or h»raafter utuate un sa~d land and on all equ~p~»en~ and personally covt~ed by ihis morlg- sgs, with all premi~ms thereon pa~d in I~Ii, f~~e inwrance m ine ueual sm~xlord poi~cy form, in a sum d~.PIUVCd by the A10R~G~.GEE, ar,d x~~da~onn ~nsurance in the usuai ~+and.~rd pol.cy fam, in a sum approved by the MORTGAGEE, in suth canpany or co~npanies as Ihe MORTGAGfE may direc~; and all fi:e and w~nJ~ro~m insurance pal~cies on any ol sa~d bui!dmgs, any interost therein or pa~t lhercrof, in the aggregete sum ~loresa~d or in eacess ~hereoi, shall con~ain the usual standa~d mortgagee clause or auch o~her cl~~se as the Mortgagee mey req~~re, making the Ioss undar si~d poli- cies, each and every, payab!e to said h1JRTGAGEE as ~ts intrrrst may appear, and each and e~e~y such po!~cy shall be promp~ly aes gnrd e~~d de~~+e~rd ~o any held by said h10RIGAGEE as (ur~her security to sa~d murtgage debt, and, oo~ lese than ten (103 da~s in advance of the expuetion ol each polfcy, to dr liv~~ 1o said MORTGAGEE a renewal ~hereof, toge~he~ wifh a rece~pt for the prrm~um ot such renew~l; and there shall be M f:~e or winduo~~n insuronce placed on any o1 said buildirigs, any interest therein or part thcreof, u~less in the fo~m and wiih the loss payable as afwesaid; a~+d in the eveM any sum of mo~ey becomes payab~e under such po!icy or poLcies sa~d MORTGAGEE ahall have the ophon to rece~ve and apply the wme on accovro o} the indcbted ness secu~ed hrreby w ro pe~mit said MORTGAGORS to tecei~e and use it or any p~rl ther~of for o:i,rr purF~~irs, •::;~ho~t d~ u~ ~c.,~:~ ~7 c~ jw~~• irry any rqu~ty, lien w right undcr w by vlrrue of this mortgage; and in the evertt sa!d A10RTGAGORS shaU fw any reason lail to kcep the sa+d premisas so insured, a fail to delive~ p~omptly ony of said politirs of insurance ro sa~d MORTC~AGEE, o~ foi~ promptly to pay lutty any prenuum therefor or in a~y respecl fail to perform, dncha~ge, exec~te, effrct, comp~eta, tomply wirh a~xl ebide by th;s covenant, or any part he~cof, sa~d MORTGAGEE may plate a~+d pay for such insurance or any parl thereof w~thout waiving w affecting any opiion, lien, equity, or righ~ und$r or by virtue af this Morrgage, and the full amount of each and every such payment sha11 br immed~atety due and payabte and shall lxar interes~ from the dale thereoi until poid at the rate ol n~ne per centum par annum and tog~thcr with such interest sha1~ be secured by the lien of thi~ mortgage. 1. To permit, tommit o~ suffe~ no was?e, impairment or dete~~orat~o~ of sa~d prope~ty o? any part therecf. ~ 5. To pay all a~d singular the costs, cha~ges and expenses, induding a reasonabie attorney's fee and costs of abstracts of title, incurred or paid at any time by said MORTGAGfE, because or in the event of the fa~iure on the part of the said MOATGAGOR ro du~y, pro~nptly and fu~~y pe~fo~m, d~scharge. execute, effeU, complete, comply w~th and ab;de by each and every the atip~lanons. agreements, conditions, and covenan*s oi said promissory note and this mortgage any o~ ei~her, and sa~d costs, charges and expenses, each and every, shalf be immrd~atrly d~e and payab(e; whefhe~ or not there be nonce dr mand, attempt to col~ect or suit-pendmg; and the full amount of each and eve~y such paymem sholl bea. interes~ from the date tlxreof until paid at ~he rare o! nine per c<n:um per an~w:n; anC all said cosrs, charges and rxpensas ]ncurred or paid, tog~ther w~th such interast, shall be secured by the :ien of th~s mortgage. ~ 6. That (a) in the evenf of any breach of this Mortgage or def3utr on the part of the MORTGAGOR, or (b) in the event any of said sums of money herein referred to be not pro~nptly and fully paid within th~rty ~3U! days next aio=r the same severa:!y beconie due a~d payable, without demand or notice. or (c) in the event each and every the atipu~at~ons, agreements, conJ~:~ons and covenann of sa.d pran'sso~y ~ae and ~h~s nwrtgage any or ei~her are nof ~~iy, promptly and fully performed, d~scharged, ezecuted, eifeaed, compteted, compi~ed wi!h and ab~d~~d Sy, then in e~ther or any such e~en? the sa~d ag giegate sum memioned in said promissory note ~hen remaining unpa~d, w~th interest accrued, and an mo~~rys secured hereby, shall become due and pay- able ~orthwith, a therea{ter, at the optEon of aeid MORTGAGEE, as fulty and compteiety aa ii ail oF tI:•, s~~d wms oi money were or~ginally st~putated to be pa~d on such day, a~ything in sa.d promisswy note or in this Mwtgage to the co~trary notwithstand:~.g; and ~hereupon or thereafter a~ the opt~on of said MORTGAGEE, w~thout nonce a demand, surt at law or in equ~iy. the~efo~e or thereaiter begun, may be prosec~ted ss' if all moneya secured hereby had matured pr~or to its institution. 7. That in the event that at the beginning of or at any time pend~ng any yu~t ~pon this Mongage, or to ioreclose it, or to reform it, o? to enfo.ce payment of any daims hereunder, said MORTGAGEE shail epply to the Court having ~unsd.u~un thereof for ~hQ appo~ntment of a Receiver, such Cour1 shali for.hwith appoint a~eceive~ of said martgaged property all and s~ngular, indud ng atl a~~d s~~~gular ti~e income, p+ohts, issues and revenues from whateve? source derived, each and every of wh:ch, it being express~y undenrc>od, is herrby mo~t~aged as ~f speuf~caily set (orth and described in the g~anring and hatendum cla~ses hereof, and such Receiver shall have all th~ broad and effec!~ve luncr.ons a.~d powers in anyw•tse emrusted by a Court to a Receiver, and s:.ch appointmenl ah~Il be made by such Court as an admi+ted equny and a' matter uf abso~ure r:ght ro said l1lORTGAGEE, and withouf referente to the adequacy or inadeGuacy of the val~e of the properry mortgaged or to ihe sovenc~ or inw,.cn(/ 01 sa~J IJ;ORiGAGOR w the defenda~ts, and tha~ svch renis, p~otits, income, iswes and revenues shail be appi~ed by such Rece~ve~ ac.ord;~~g ta the I~en w equ~ty of sa~d MORTGAGEE and the praUice of such Court. ' 8. To dvSy, promptty and fully perform, d~s~harge, executr, effect, complete, cornNfy w~tfi and a~ide bv each snd every the stipuiations, agreements, condisicns and tovenants in said prom~ssory note and th~s n~ortg.age srt forth. 9. That in the event the ownership of the rt+ortgaged prem:ses, o. any part thereof, beco:nes vested in a person other than the MORTGAGOR, the ~:.~RTGAGEE, its successors and ass~gns, may, wirhou~ nonce to the MORTGFOR. dc•aI wieh such succ~ssor or success~ in interest wieh reference to this mortgage and the debt hereby secured in the ssme manncr as with 7Llorrgagor w:thout en any way vitiating or d~scha~ging the lAortgagors' liabiiity here~ ~n3er or upon the debt hereby sccured. No sale af ihe pre~T:~sFs hrreby mo~tyaged ard no forbearance on the part ot the IAORTGAGEE or its successors o~ assigns and no exrension of rhe nme for rhe paymem of the debt he~eby sec~red g~ve~ by the 1dORTGAGEE or ]ts successors or au;gns, a~~all operate ro release, d~scharge, modify change or affect the o.ig~nal liau~i~ty of the MORiGAGOR herein, e~ther in whole or in part. 1~. It is spec;f~cally agreed that t~me is of the eaence of th;s contract and that no waiver of any ob~~gat~on hereunder ur of the obligatan se- cvred hereby shall at any time ~hereaher be he!d to be a weiver of :he terms herc~ef or of the i:~s~rument sewred hecby. ' I1. In sdd.~io~ to rhe fweyo'::3 month!y payT:nts of p~inc pal and interes! requ~red by the pro~r. sscry nore se:ored hereb~, mortgagar covenants .~•~d agrees ro;;ay to mo-rgagee v~~th each momhiy pay~.:ent an add~rona{ sum es![n ated by mortyagee tc bc equal to 1 12 of ~he anr,ual tost of the foliow- C A-Afl reai property taxes levied oi assested ag~~•ZSt the abore desa~6ed real estate. i B-Prem~u:^z on f:re and windsto•,» insurarce as iiere~n rac~~:red to be carried cn the Er^•proveme~ts s:!vate on~the above d=scribed premises_ j C-Prem~ums on :uch mortgage guaranty :ns~ra..ce as mc~tgagee snai! fro~r. t me ro time deem f~t to carry on the loan setured hereby_ ~ Mortgagee shail frcm time to t~~ne ncti4y mortgager in w.:t~ng of the arr.ou~t d~e and payable hereundr+ and such surn shall thereupon be due and S F a~'ab'•e on the due date of the r.ext n~cnih. j payrr~ent and each wccessive ~i:o^th tnereafter ur.til martgagee shall notify mortgagor of a thange in such f ount. $uch sums sha:i ~.;e app!ied by mortgag•.e toward the pay~nent of real praperty taxes, inswance p~e~r~ums, and mottgage guaranty insurance ~ ;~~emwms. r IN WifN 'S V:HEREOF, the sa:d MORTGAGOR has hereunto sr.t his hand and s~al the day and year first aforesaid. ~ 5' n, led a de ' e presence of: ~ ~ ' a~ ~ - ' , (Seslj 5 ' (Seal) ~ ~ - Seal) ~ STATE OF FLORIDA , ~ COUNTY OF St . LUC 1 C' ' ~ ~ ~ Before me personally appeared Geo rge 52dh0 ~ Jr . a~ ~ ~:ildred Szabo his wife, to me well known and kncwn to me to be ~ the indrvidua;s described in and who executed tFw for ang instrument, and acknowiedged before me that they executed the same:,~ t~'~fwpe~es ' rhere+n expressed. A~d the said Aii ldre~ A. Szaho ~ti`''~ ~ ``~,'r, l~; ~~i i ~ rr~fe of the said Georye Szabo, ,JI . ~ . upq~~a s~eprTet~a~ prhple~ % examinat~on by me taien separate and aoart from her said husband, acknov.•ledged to and before me that she executed said iny~sLmg~'fre~ and ~Ao-,, ~ rar~iy and w~thovt any compuis~on, constra~nt, apprehens~o~ pv fear of or from her uid husband. , ; c~ : ~r ~ R y ~ ~ day of ?~ovzmber ~ • ~ D~19 4 WITNESS m ha~d and official seal this_ ~ . -~7 • ~ = ~i ~tj ~'~~i%,~ . ~ ~ : c,:1. _ - 1° ~ : • _ Notary PubGc in a for~~t~e State of fioridL a1~J,p ~ge ~ , f~t ~ My Commiuion expires: . - ' Retum To: ~ ( . ~ i ~ Fint Federal Savings a Loan Associat;on ' • Of Fort P crce. ~ ~ fort Pi-~rce, Ftor~Ja - ~ , .ia.:i..:~:E .~o . l~ ~e ~ ~ ~ FILEO AMD RECOROffl ^ St.IUCiE COUNTII F~A. ~ This Instrument Prepared By Kich~rd K. KayeS ROCER ?OITRAS ~ 2' First Federal Savings 8~ lcan Association CIERK C::i~UIT COURT ~~~aRn veRiFiED = cf Fort Pierce (:lozic~a ~ `u q ~ Checked By a~OK PAGE ?S ~ 'O 32 !1~ ~13 r; - 268"121 ~ - , ~ ~ E - . - - _ _ ~