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Home My WebLink About0529 9 3. To ptsce and continuously keep on the bu~!d~ngs now or hareafter ~itua~e on sa~d Iand and on all equ~p~nent and penonally covered by this mortg- sge, with all premiums thereon pa~d in full, 1ire ins~ranct in the usual Stdn(~Jtd PO~~Cy iorm, i~ ~ sum approved by the MOR(G:.GEf, and w~nds~orrn ~nsurance in ~he V~Vb~ sta~~3a:d r:.::c~ !cr::~, in a s~^e ap, ro~ed by ehe MORTGAGEE, in suth con,pa~y or compan~es as ~he MORiGAGEE may d~rech and aU fire and w~ods~orm insviante poiK~es on any of sa~d build~n~s, any ~nterest ~hereio or par~ thereol, in the aggrega+e w~n :iv~rsaEd cr in ~xceu therewf, shall contain the uwal standard mor~gagee clause a wch other ctause as the Matga~ee may requ.re, ma?;ng the ioss uncler sa~d pofi- c~rs, each and avery, payable !o sa~d h1pRTGAGEE as ~ts interrst may appear, and each and evC~y tuch po~icy shafl be prompuy ass g~rd a~~d del~ver~d to any held by aa~d MORfGAGEE as further securi~y ~o sa~d mortgage debt, and, no~ less than ~en (10) day: in advance o( the expiratfoa of each pol~cy, ~o dr I~ver to aaid MORTGAGEE a renewst thereof, togeeher wirh a?eceipt for the prem~um of tuch ~enewaf; and ~hrre ~hall be no f~re or ~•~~~ds~o~~n ins~rance p~eced on any of said buildings, any interest therein o? part thereof, u~less in ~he form and wi+h the ~osa payable ai a(aeaaid; and i~ tFu event any sum of manQy ~pmet payable under such policy w policies said MORiGAGEf shail heve rhe opt~on ro rKeive and apply the smne on accovnt of the +ndrb~ed- nes: setu~ed hereby o~ to permit ~aid MORTGAGORS to reteive and use it or any part thercof for otnc~ purposrs, ~v~~ho~t thr~.o~ .v..~~~:~7 or ~~~~p~~~- ~~9 a~y equity, lien or righl undrr or by virtue of ~his mo:tgage; ~nd in 1he event wid MORIGAGORS shall fa any ~easwi fail to keep the sa~d premit>s so insured, o~ faif ro deliver prompNy aoy of said policies of inswance to sa~d MORiGAGEE, w fail promp~ly to pay f~lly any premium tFw:refw or in any respect faif to periorm, d~scharge, execute, elfed, comp~etr, comply wi~h and abide by th~s cove~ant, w any pa~r hzreof, sa~d MORTGAG£E rnay piace and pay for such inwra~ce or any parl thereof without waiving q ai(ecting any option, lien, equ+ty, w rigN? undN a b~ virtue of thi~ Mat4age, and tht f„11 amount o( each and every such paymem shall be immediately due and payab~e snd shall bear interesl Irom the date thereof u~til pa~d at the ra~e ol n~ne per centum pet annum and to~ether w•ith auth inte~est shali tx s~~cured by the ~ien of this mottgage. 1. To permit, commit w suffer no waste, impairnxnt or dele~ioration oi said properry or any part the~eof. 5. To pay afl and singular the casta, charges and expenses, including a reasonable atto~ney's fee and costs of abstrac~s of title, incur~ed or pa~d at any ~ime by said MORTGAGEE, betause or :n the event of ~ht failure on the part of the said MORTGAGOR'to duly, pro.~~ptly and fully perform, d~scha~ge. execufe, effect, comple~e, comply wnh and ab:de by each and every ihe sr~putauons, agreements, cond~tions, and covenanes of sa~d pro,n;ssory note and ih~s martgage any or e+eher, and sa~d costs, charges and expe~ses, each and every, shall be immedia~ely due and payab;e; whether o~ not ~here br no+~ce dr mand, attempt to coI1M or :uit pending; and the full amount of each and every such payment shall bear interesl from the date thereot until paid at tht r,,te of nfne per crmum p.;~ an~w:n; and all said coses, charges and expenses iricurred w paid, together w~th auch interesl, shal! !x sec~red by the lien of th;s mortgsge. 6. That (a) in ~he event of any breach of th~a Mw~gage w default on the part of tF.e MORTGAGOR, or (b) in the eve~t any of sa;d sums of mo~ey herein re(e~red to be not pramptEy and f~lly paid with~n th~rty (30) days ne,et afee~ ~he same seve.a!ly become due and payable, wi~hout demand o? ~of~ce, or {c) ;n the event each and eve~y the stipuiat;ons, agreements, co~ditions and covenants of sa.d pranissory note and th~s mortgaye any or ei~her a~e no1 ~uly, promptly and tully performed, d~scharged, executed, eifected, ca»pleted, compl~ed w~~h and ab~ded ~y, then in e~rher or any s~ch evero ~hr sa~d ag- ~regata sum menrioned in said p~omissory note the~ remaining unpaid, with interes~ accrued, and all moneys secured hereby, shall become due and pay- ab!e forthwith, w therea(ter, at the oprion of said MQRTGAGEE, as fully and tomptetety as if all of the sa~d sums of money wrre a~gina~ty st~pulated ro be pa~d on such day, anything in sa:d pranissory nore or in this Mortga~e ro the contrary notwi~hstanding; and thereupon w thereafter at the opt~on of sa:d MORTGAGEE, without noLCe or demand, suit at 1aw or in equity, fherefore or thereaher begun, may be prosecuted as if all mone?s secured hereby n~d matured pnor to ds institut~on. 7. That in the eve~t that at the beginning of w at any time pending any suit upon rhi~ Morfgage, a to fweciose it, or to reform it, or to enforce payment of any claims hercunder, said AAORTGAGEE shall apply to the Court having ~urisd:ction thereof for Ihe appo~ntmeN of a Receiver, wch Cowt shall Forthwith appoint a receiver of said mortg~ged property afl and sing~lar, includ~ng atf and singufar the income, prof~ts, issues and revenues irom wheteves saurce derived, each and every of wh~ch, if be;ng expreuty undentood, is hereby moregaged as ~f speufically set forth and dewibed in the g~anting and F~abendum dauses hereof, and such Rec~ziver shali have alt the b~oad and effective funci,ons a~d powers in anyw~se entrusted by a Caurt tb a Receiver, a~:d :~ch appointment shali be made by s~ch Court as an admitted equiry a~d a matrer of absolute righf ro said MORIGAGEE, and without reference to the adryuacy a inadequacy of the value o1 the p~operty mwtgaged o~ to the so.vency oi insolveruy of sa~d MORTGAGOR d Ihe defe~dants, and that such rerns, profits, income, issoes and revenues shall be applied by such Receiver accordmg to the tien or equity of said MORTGAGEE artd the p~aUice of such Gourt. . 8_ To du!y, promptly and fully p~rform, discharge, execute, effect, camplete, con,ply with and abide by each and eve?y the stipuiatio~s, agreements, cond~tions and covenants +n sa:d promissory nate and th;s mortgage set fort~. 9. That in Ihe event the ownership of the mortgaged premises, o~ any part thereof, becomes vested in a person other than the MORTGAGOR, the r10RTGAGFf, its successors and ass~gns, may, wiihout nmice to the MORTGAOR, deal with svch s~ccessor w successo~ in interest w~th reference to this mo~tgage and the debt hereby secured in the same manner as w~th Mortgagor wnhovt in any way vit~ating or d~scharging 16e RAortgagors" liabiiity here- . ~nder or upon the debt hereby sec~red. DJo sale of the premises he~eby mo,tgaged and no forbearance on the part of the ?1lORTGAGEE or irs successors cr assigns and no extenz+on of the time for the payme~t of the deb~ hereby secured given by ~he MORiGAGEE or its successors or ass~g~s, aiiall operate ro re!ease, d~xharge, madify change or affecf the orig~nal (ia~!lity of the MORTGAGOR herein, rither in whole or in parL 10. It is speufically agreed that time is of thr essence of this conrract artd that no waiver of any ob~~gat~on hereunder or o~ the obligation se- c~red hereby shall at any time thereafter be held to be a wmver of the terms hereof or of the instr~ment secu~ed herby. 11. In add~tio~ to tne fwego:ng month!y paymems of princ pal and interest ~equired by the prom:ssary no!e sec~red he~eby, mortgagor covenants agrees to pay to mo-tgagee wirh each month!y payr-ent an add~rionat sum est~mated by mortgagee to be equal ro 1; 12 of the annUal cosr of the follow- ,n~; A-All .cal property tax2s ~ev~ed or assessed aga~~~s~ thc ahove desc~ibed real estate. B-Fre~r.~ums on fire and w~ndsto•~n ir.suracce as he~e~n requ;red to be ca.ried on the improvements s~tuate on ~he above dsscribed premises. - C-Pre+~i~:ns on such mortgage guaranty inwrar,ce as mortga3ee sha;i from t me to time deem fit to carry on the loan setwed hereby. Mongagee sh~,'~ from rime to r;,7;e norify mcrrgagor [n writ~ng of the amo~~t due and payable hereundrr and such surn shail thereupon be due and ;.a;able on the due oate of the next month:~ payment and eath succeisive mo^.th thereaficr until mcrtaagee shalt notify mortgagor of a change in such _~.ount. Such sums sha:i +~e app:ied by mortgag~e toward the paymenf of reai prope~ty taxes, insurance prem:ums, a,~d mortgage guaranty insurance premiums. IN WITNESS LVHEREOF, the sa~d MORiGAGOR has hereunto set his hand and seal the day and year first aforesaid. Signed, Sealed and delivered in the p~esence of: _ /l - CiY11~ el) : • llllatq ~ E 1 (Seel) ; (Seal) f Jud 1. Ezell ~~a~~ S~ATE OF FLORIDA ~ ~JU!JTYOF St. Lucie ~ 1 Befwe me personally appeared Wl Z Z 23t1Q ~ Ezel l and - 'lUdy I. EZell his wife, to me wel! known and known to me to be ~ rhe ind:viduals described in and who executed the foregoing instrument, and acknowledged befwe me that they ezetuted the same for the purposes ; rHe•e~n eapressed. And the sa~d Judy I. EZ@11 ~ .v~fe of the said W1111aiA Ezell , upon a separate and private e~aminat~on by me ta4en separate and apars from her sa~d h~sband, ackrawtedged to and before me that she execuTed said instrument freely and volun- ra~~ly a~d w~thp~~~y~~Qmpulsion, constraint, apprehens:on, or fear of w frnm her said husband. Wl~t~tESS~y ~yndynd9fficial seal thi: 215L _ day of "`ovebber 73 ~ ~ A. D. 19 : v:: a~? r+ Notary Pub~ic in and fw t tate of fbrida et large C . My Comm~uion expires: ' = ; Ct ~Retl rl~,' To: ; : i F~st ~Sder~l 'Savings {r~ LQaq. qssociation N~~ ~~4 ~~rido d lory~ % ` p B [~~~1P,e~ie; ~i • My CsM~ss~en E:pir~s Oct• 30, 1976 ys 'fRrt P~erce. ~No~ifla'.~ - ~i ~ ~r.dsd by Amerran Fire b Cosvoft~ Co. i~~~~~ i . ~ ~ • t J~' .....,c~''•. This Instrument Prepared By .1otin W. Collins f~~EO AN~ RECOROfO : ST. IUCtE 60UNTY fLA. ~ ~ First Fede~a! Savings b loan Associat;on ROCER POITRAS i of Fort Pierce , Florida CLERK CtRCUIT COURT ~ AFGnRC YfR:FiED..,.~~ ~ ~ o a~ By - N011 Z3 IO OS ' E QOK 2 2~ P, c: 5 2 9 A M 1 3 zssfl4s ~ ~ .~s