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Home My WebLink About1528 ! . ~ ~ S . ~ J. To place and continuously kcep on ~he bu~~d~ngs now w hereafter a~tuats on ~aid iand inCi on all cq~ipmenl and pe~sona~ly tover~d by thit mort9- eg~, with all premiumi ~hereoo pa~d in full, Gre insuranca in the usuaf s~erderd polity fam, in a sum approvot! by tAe MORfvAGEE, and windstonn insurant~ in the viuel f~andard pol~cy form, in a sum aypiored by ~he MORiGAGEE, in tiuch company w tanpsn;es as tht MORiGAGEE msy d~rech and +II fire and windstorm insuronce po~ic+es on any of said build~ngs, any intere~t the~e+n w part the~eof, i~ ths ~pgieg~~e sum aforeaald w in exceu thereof, ihsll contain Ihe usual standa~d mwt9agee daua~ w sucA other claua~ at tl+s Mortgaq~s may requ~re, makirg ths tost u~ule~ fe~d potl- cie~, each and svery, payable ~o sa~d MORTGAGEE a~ :ts in~erest may sppea~, and each and eve~y such policy shell ba promptly ass yned a~d del~vered to any held by seid A10RiGAGEE ss funher secu?ity to said mo+~gage debt, and, nof les~ ~han ten (10? days in advance of the expi~at+on of each pot~cy, to da 1%ver to uid MORTGAGEE a ~enewa! thcr~oi, toge~he+ with e receip~ for the premlum of such ~enewal; and ~hnro shall be no i«e o~ windstorm insurance placed on ~ny of said buildings, any intcrest therein or part thereof, unleu in the form and wilh the loss payable as aforesaid; and in the event eny sum of money becomes payable under such polity a poticies said MORTGAGEE shall i~ave tho opt~on to receive and appty the same on accou~~l ol the indeblzd- ness securcd he~eby w fo pcrmit »id MORTGAGORS to ~cceive and use it a any pa~t ~hereol io: o~her purposes, v.~dw~t iha+.u,r w~iy~:,~ o~ ~~~~p..~~- ing any equ~ty, iien a righl under a by virtus of thit mo:tgage; ~nd i~ the evenl w~d MORTGAGORS sl:atf tor any reason fail to keep the said premis.s so insUred, or fai! fo deliver promptly any of said policeea of i~surance to said MORTGAGEE, oi (ail promptly to pay iuily any p.e~~~ium tht~efp p in any respect fail to pe.twm, d~scharge, executa, etfect, complete, comply with and sb~de hy this cove~ant, a any part hereof, said MGRTGAGEf may plsce a~.d pay fa auch inaurance w any part thereol wirhout waiving or aflactinp any option, lien, equ~ty, or righf under p by virtue of this fVlo~tgage, and the full arnounl of each artd every such payment shall be immediately d~s and payabte and shall bear interest from the date thereof until peid at the rate of nine pe+ centum per annum and ro~etArr with such interest shall be securtd by tAe lien of this mortgage. : 1. To pNmit, commit or suffer ~o waste, impairment or deterioration o! said prope~ty oi any ps~1 thereof. S. To pay ~(1 and ~ingulu the costs, charges and expenses, including s reasonable anancy's fee and costs of abstracf• o! title, incurred or paid a~ any time by iaid MORiGAG:E, becavse or i~ ~he event of the failure on ~he part of the said MORTGAGOR to duty, pron,ptly and fully pertorm, d~scharge, axecute, efiect, comp:ete, tomply w~th and ab~de by each and every thc stipv~et~ons, sgreements, conditions, and covenanta of ia~d prom~swry note and ~h~s morrgage any or e~?he?, and sa~d costs, char9es and exper+ses, esch and every, shall be immediately due and payable; whether or not there be nof~ce da mand, attempt to collect or suit pending; and Ihe fuU amount of each and every wch paymenl ihatl bea~ interest from rhe date thereof umil paid af the rate of ni~e per cantum per an.+um; and a!I said cosls, cha~ges and e~ornses incurred a paid, togethrc w~th such interesl, ihall bt secured by the lien of th~s mortgage. b. That (a) i~ 1he eveM of a~y breach of this Nbrtgage o? default un the pan oi the MORTGAGQR, w(b) in tF?e event any of sa:d sums of money F~erein referred to be not rom N and futl ~d within thiri (3p) da s next after the same severafl become ti~e and able, without demand or notite. ~ P P Y Y Pa~ Y Y Y PdY or in the event each and every the stipulationa, agreemenis, cond~tions and covenants of sa~d promiuo~y note and th~s mortgage any or ei~her are ~ot ~uly, promptly and fully performed, d~uharged, execu~ed, effected, compkted, compi~ed with and ab~ded 5y, then in e;fiser or any iuch eveM the sa~d ag- g~egaro sum meMioned in said promissory note then remaining ~npaid, with interest accrued, and all moneys secured hereby, ~hall become dua and pay- abte forthwith, or tFxreafter, at the option of sald MORTGAGEE, as fully and comple~ely as if •II of the w~d sums of money were org~nally •upulated to be paid on such day, anything in sa~d prom~sswy note or in f6is Mortgage to the conrrary notwithstanding; ancl thereupon a thereafter at the opt~on of said MORTGAGEE, without notice w demand, suit at law or in equ~ty, therefwe w thereaher beguo, may be prosecvted ~s if alI moneys secured hereby had matuted pnor to its institwio~. 7. That in the event that at tAe beginn~ng of w at any time pend:rg any suit upon this Matgage, a to foaeclose it, or to ref«m iL or :a enforce payment of any claims here,inder, said MORTGAGEE shall apply to the Court having jurisd~c~~o~ thereof tor the appo~ntment of e Receirer, such Court shall Forthwith appoint a reteiver of aaid mortgaged property alf and s;nguta~, incl~d,ng atl and :~nqv~ar ~he irtcome, p~ol~ts, issues and revenues fran whatever source derived, each and every of wh~ch, it being expresily unders~ood, is hereby roorrgaged as il spec~ficalty set fo~th and dewibed in the granting a~d habendum clauses hereof, and such Receiver shall have all the broad and effecrive funcT,ons a.~d powers ~n anywise enttusted by a Cou.t to a ReceiYer, and s~ch appoi~tment shall be made by such Court as an admived equ7ty and a matte? of absolute r;gM to said MORTGAGEE, and wifhout reierence to the edequacy w inadequacy oi the va{ue of the p?operty mortgaged or to the so~vency o~ ~nsolvency of sa~d MORiGAGOR w the defendants, and that svch rents, profits, income, issues artd rovenues shall be appiied by suth Receiver accor;~utig ro the t~en a equiry o( uid MORiGAGEE and the prac~ice of such CouA. . - 8_ To duly, promptly and i~lly perform, discharge, execute, effed, complete, comply with and abide by each and every the stip~tations, agrcemrnts, conditions and covenants ~n sa~d {xomissay note and this mortgage aet fwth. 9. ihat in the event the ownership of the mo?tgaged premises, or any part thereof, becorrte~ vested in a person other than the /J10RTGAGOR, the M~ORTGAGEE, its successors and ass~gns, may, without natice to the MORTGAOR, deal w~th such succeuw ar succeuor in interest wi~h reference to this mortgage and the debt hereby secured in the same manne~ as with Mortgagor w~thoW in any way vitiating or d~scharging the HAortgagors' liability here- under w upon the debt hereby secu~ed. No sale of the Fremises hereby mo~tgaged and no forbearance on tlx part of the MORTGAGEE or its svcceswrs or ass~gns and no extension of the time fpr ?he payment of the debt hereby secured given by the MORTGAGEE or its sucuasors w assigns, siwll operate ro release, d~scharge, modify cFwnge or a(iett the or~g~nal IiabiGty of the MORTGAGOR heroin, either in whole or in part. 10. It is spec~ficatly agreed that time is o1 the essence of fhis contrsct and that no wsiver of any obligation hereunder or of the oblgation se- cured hereby shali at any time thereafter be hefd to Ix a waiver of the terms hereof or of the instrument secured herby. 11. In additio~ to the fore~oing monthly paymems of princ"pst and interest required by the prom~ssory nore secured hereby, mortgagor covenants and agrees to pay to rr.ortgagee wi.h each monthly payrnent an add~rionat sum est;mated by mortgagee to be equal l0 1 j 12 of the annual cost of the fotlow- ins: . A-All real property taxes levied or assessed a9ai~st the above describcd reat estate_ B-PremEums on fire and windstorm insurar.ce as herein requ;red to be carried on the improvemc~ts situate on the above described premises. C-Prem~ums on such mortgage guaranty insurar~ce as mortgagee shall iro~n t~me to lime deem fit to carry on the (oan setured here6y. Mongagee sha?I from time to time norify mo~tgagc+ in writ~ng of the amou~t due and payable hereunder and such sum shal! thereupon be due and ; ayable on the due date of the next monthly payment and each s~ccess+ve month thereafter ur.ti! mwtgagee shafl not~fy mortgagor of a change in such a~~ount. Such sums s~ait be app~ied by mortgagee toward fhe payment of real property taxes, insurante prem~ums, and mwtgage guaranty insurance p~emiums. IN 1NITNESS WHEREOF, the said MORiGAGOR has hereunto set his hand and seal the day ye fir aforesa Signed. Seated and delivered in the presence of: ^ ~ rnar ub i ts~ap ~ (se,4 .~I~ne Rubin f 5 TE OF FLORICA ~ couNnr oF ST . LUC IB ~ Befwe me personally appeared Bernard Rubin snd ' June Rubin hc: wife, to me well known and known to me to be ~ she individuals described in and who executed the foregoirg instrument, and acknowledged before me that they executed the same for the purposes ~ there~n eapressed. Md the :a~a June Rubin wife of the Bernazd Rubin upon a separete and priwte examinat~ort bti,md takq~ separate and aparl from her uid huaband, acknowtedged ro end before me that she exetuted said instrumrnt freely and volurr ~en~y. `n~ti~~~qyj~t,driX tompul:ion, constraint, apprehension, or fear of or from her said husband. ~ ~~~'yYiiPi~SS~y'~f~i~?d official seal this- 3~ day of Noveaber , A. D. 19~_ ~ ~ , t , ~i ~ i ~ _ -.i. . .1 ~i - ) . , ~ ` i~. • .J ' . l; ~ Q~ ~1 r~~ ~•N ~ . Notary Public in and ior the of Florids af Larye : ~ ~ : My Commiui.~n expires: (~G~ ~ r ~etwi~:; {jrst Feder~a~ ~~r~. L'oan Association . p ~1 L~ L ,9r1 mjerce. A f~ ~P~}~~ Notory Pub6c. Stat~ of FSorida aR Larg~ ~ My Commiss%oa E=pi~~f ~d. 30, 1976 ' t , ,3• . Bc:j.,J br Amer~:on Pire b eosuolty Co. ...eNN ' This Instrument Prepared By John W. Collirts ' fI~Ep AND RECORpf0 • ~ ~ First Federal Savings & Loan Association 2b98Q3 aT. ~UCI~ COUNTY FIA. of Fort Pierce , F lor i da pOCE9 POITRAS ! +S~ . • CIEAX C+iCU1T COt1RT ~ Checked By RECnR~ vE~,lF~E~~ - eo~~ 2~1 Pac; ~.528 eEC ~ Io ZZ AN'73 ~ ~~S