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Home My WebLink About1147 3. To place and con~~nuously keep on tne bu~:;i~r.gs ~uw or hereafler s~tvaia on s,,~d Iand and on ap cqu~pment and personafly coYered by ihis mong- sgs, w~lh all p~emium3 ~hereon pa:d i~ (u~l, fue ~nt~rance ~~i ~Ke usual s~ac~da~d policy form, in a sum approved b~ ihe MOR~G:.GEE, a~ d w~~~dsto~m {n~urance in rhe usva! s~and~rd pol.cy form, in a awn a~:pro.~d by the 610RTGAGEE, in suth tompany or co~.~Nan~rs as th@ 1dO~tTGAGEE may d~rect; ~nd all iire and wmdswrm in~uranca po:~c~es on any of sa~d build~ngs. ~ny interas~ therein o? pa~t th~reof, i~ ~he aggrtg,re w~n ~foreta,d or in eaceu Ihaeof, ~halt ;omain the us~al stendard morrg~get dauie w such o+hcr clavse ai ~he Mor~gayae may ~equae, maku~g d~N ioss undrr sa~d polN ues, each and every, payobfe to sa~d MORTGAGEE as ~ts interaa~ rnay appear, and each and e.ery such poi:c/ shall b! prumptly ass y~rd a~~d da;~+rr~d ~o •ny held by uid hIORiGAGEE as further securiry to sa~d mon9ege drb~, and, nor less than ten t10) days in ad~anca of ~ha expironon of ca:h Fo!icy, to de- l~vs~ to s~1d MORTGAGEE a renewal thereof, toge~he~ wi~h a reteipt for ~he premium o1 such renewal; and ~here st,all be ~o fae or wi~~ds~u~m ins~rance placed on sny of sa~d bvildtngs, any ime~est there:n o~ pan thereof, unteu in ihe form and w~th ihe loss payabte ai afwese~d; and in rhe e~e»t any sum of money becomes payable unde~ •u<h polity a poLcias said MOR~GAGEE ~hall have the op~~on 1o rec.:ive and appty the sanu on acco~nt of the indabted ness iecured hereby w to penn~t si~d MORTGAGOR$ lo reteive and use it w any pa~~ thrreoi ior oii~cr purHosrs, .•+~~i~~.:~t th,r~u~ tv;~•.~ .:r ~~~.p„~r- ing any equ~ty, I~en w~~gh~ under w by virtue of th~s mo~sgage; and in tha avenf u~d MORTGAGORS shall for any reason fa~l to kcrp ~he sa~d prcm~s~s so insured, a tail to deliver prwnptty any of sa~d polK~es of insurance to sa;d MORTGAGEE, o~ fo~l p:omptty to pay futly any prr~n~„m ~herefor or in any respetl fail to pe~form, d~schar9e, exrcute, effecl, ca~~lete, co:nply with and ablde by this covenant, or any part hrreof, said M(iRIGAGEE may p~sce a"d pay for such inwrance or e~y part fhereof whhout waiving or atfe<ting any option, lien, equ~+y, or right under w by virtue of ihis Moregage, and the fufl amouM of each and eyery s~ch payment shall be immediately due and payable and shall beat interesl trom the date thereoi until paid at the raro of n~ne ptr centurr per annum and togrlhe~ v~ith s~ch i~tite~esf shati be srwred by 1he lien of fhis mortgage. 1. io permif, commit w auf(ar no wasfe, impaiiment w deterioration of said proFerty or any part thereof. S. To pay a!1 and singular the costs, tharges a~d eape~ses, inc(ud~ng a reasonable a~torney's fee and costs of abserac~s of ti~le, incur~ed or paid at eny time by said MORTGAGEE, becavse or in ~he eve~t of ~he failure o~ tiie part of the sa~d MORTGAGOR to duty, pranpt[y a~d fully parfo~m, d~schjrge, e¦ecute, effed, comptNe, compty w~th and ab:de by each and every the stipu~snons, agreemeNS, conditions, and covenants of sa~d promisso~y note a~d thi~ mortgage any or e~ther, a~:d said costs, charge~ and expenses, each and evc~y, shall be immedietely due and payable; whether or not there be ~otice dr mand, atte~npt to co11Kt or suit pend~ng; and the fufl amount of each and every such payment shaU bear interest lrom the dete thereof until paid at the rs~e of n~ne pe~ centum per amwm; orw ali said ccsts, charges a~~1 ex;x:nses :rxwred or paid, together w~th such interest, shall be secured by the Gen of this ' motigage. 6. That (a) in the event of any breach of this Mw~gags or defauit on the part of the MQRTGAGOR, or (b) in ehe event any of w;d sums of money berein referred /o be not promptiy and fully paid wilhin thuty (301 days next after the same severally betome due and payabte, w~thou~ demand or notite, or (c) in the event each and every the atipulafions, agreemeMS, cond~NOns and covenams of sa.d promissory note and thn nwrtgage any or either are nof iuly, p~omptiy and iulty pe.formed, d.sc+~argad, execw<d, etfected, canplered, comp:~ed wuh and ab:ded ~y, then in e~~her w any wch event ~he sa~d ag gregate sum mentioned in said promissory note then remaining unpaid, with interesr accrued, and a~l moneys secu~ed hereby, shatl become due and pay- able forthwith, or thereafter, at the oprion of said MORTGAGEE, as fully and completely as if a!I of the said sums of inoney were or~ginatly snp~lated to be paid on such day, anything in sa:d pro:nisswy note or in this Mortgage to the contrary notwithstand:ng; and Ihereupon or thereafter st the option of sn:d MORTGAGEE, w~thout rtor~ce or demar.d, su~t at law w in equity, therefae or tl~ereafter begun, may be prosecuted as ii all moneys sec~red hereby nad marured pnor to ~ts instouno~. 7. That ;n the event that at the beginn~ng of or at any time pending any suit upon this Mo~tgage, or ta fo~eclcse it, or 1o reform it, or to enforce payment of any claims Ae~e~nder, said h~ORTvAGEE shall apply to the Court having jw~sd~ct;on thereof for the appointment of a Receiver, such Court shali Forthwith appoi~t a receiver of said mortgaged property a1! and singular, indvd~ng ail and singular the irtcome, prof~ts, issues and revenues from whateve~ source derived, each and every of wh~ch, it being expressly unde~siood,.is hereby mortgaged as if spec~(icaUy set forth and described in the granhng and habendum clauses hereof, and such Receiver shali have all tAe Fxoad and effedive iunct~ons and powers in anywise ent~vsted by a Cou~t to a Recaiver, and s„cA appointment shall be ma~e by wch Cowt as an ad~n;teed equ+ty and a ma~ter oi absolu~e .right to said MORIGAGEE, .and without reference to the adequacy a inadequacy of the value of the property mortgaged or to the so~vency or inso:vency oi said MORTGAGOR w the defendants, and that such rems, profits, income, issues and ~evenues shalt be app:~ed by such Receiver according to the lien or equity of uid MORTGAGEE and the pract~ce of such Court. - 8. To duly, promptly a~d (ully perform, d~scharge, execut?, effect, complete, comply with and abide by each ar.d every Ihe stipuiations, ag~eements, conditions and covenants in sa~d promissory nate and th~s morrqaqe set fo~th. _ 9. Thaf in the event the owrrership of ?he mortgaged premises, or any part the~eof, becomes vested i~ a perSOn other than the MORTGAGpR, the MORTGAGEE, its auccessors and as:igns, may, wirho~t noTice to the A10RTGAOR, deal with such s~ccessor or successor in interest with reference to thia mo~tgage and the d=o~ hereby secur~ in the same man~er as wifh hlorrgagw w~thout in any way vitiafing o~ d+scharging the Mortgagors' Iiability herr ~nder or upon the deb~ hereby secvred. No saie of the Fremises hereby mortgaged ar.d no forbearance o~ 1he par~ oi the MORiGAGEE or its successors or assigns and no eatension of fhe time fa the payment of the debt hereby secured given by the MORTGAGEE or its successws or ass~gns, ahall operate to release, d~scharge, modify change a affect the ong,nal liand~ty of the MORTGAGOR herein, either in whole or in part. )0~ It is specificaily ag~eed thar tlme ~s of the essence uf this comract and that no waiver of any obligation hereunder or of the obligstion se- cured hereby shall at any time thereatter [~e held to be a waiver of the terms hereof w of the instrumenl secured herby. Il. In add.~~o~ to the forego~nq mo.+th!y paym~nrs of pr;nc pal and ~merest required by the prom;ssory note secured hereby, mortgagor covenants jr~d ag~ees ro pay to mongagee w;~h each month:y payr.,ent an add~rlonal sum esti:r.ared by mortgagee to be eyval to l; 12 of the an,~val cost of the follow- ' ;n3: 'r A-AII real properr~ tax~s Irned or ass~ss-_d aga~•,st thc above descn5ed rea~ estate. ~ B-Prem~:;ms on f~re ar.d w~ndsto•m fnw~a~.ce as here~n roqu:red to be carried on the ~mprovemears s:tvate on th:: above described p~emises_ ~ C-Prem~vms on such m.ortgage guaranty ir.svrar,ce as mo+tgagee shall fro~ t:me !o time deem fit to carry on the loan secured bereby. i Mortgagee shall from time to t~me notify mortgagor in wrrting of the amount due and payable hereunder and such sum shall thereupan be due and ~:a~able on the due tiate of ~he next month~y payment and each sutcessive month thereatter until martgagee sha!! not~(y moregagor of a change in sucb 3~:oant. $uch sums shail appiied by mortgagee toward ihe payment of real property taxes, insurance prem:ums, and martgage guaianty insurance p •emiums. IN :YITNESS lVH~ EOF, fhe said MORTGAvOR has hereunto sef his hand ard seal the day and year (irst afo~esaid. Sig a nd delever in the preser.ce of: ' ~ ' ` aq ' _ _ J se h J, eCCla t~a~~ ~ C' G:Lt~F-e-r~ i cseaq s - _ C. Careccia ~~aq ' S~ATE OF FtORIDA ~ ~ COUNTY OF_ ~ i 3 Jose h J. Careccia Before me penonally appeared - p a~ e Agnes . Careccia his wife, to me well known and known to me to be ~ rhe individuats described in and who executed the foregoing instrument, and acknowSedged befwe me that they executed the ~p%.the puipqses : 3 y therein expressed. And the :a~a ~ Aanes C• Careccia ~ ~i ,vife of the said ~ ~ Jos h J. Careccia ~gq„ ;.'„~r~ire .~,d ~a~,re~y- e,cam~nat~o~ by me taken separate and apa~t from her said busband, acknowledged to and before me that she executed said irut~'umenr,free~y and volun~". ~a~ity and w~thout any compufsion, constraint, apprehens:on, or fear of w from her said husband. ' ~p , ~ WITNESS my hand and offiuaf seal this~ d~ a{ Deceaber A, D..1~!3~ ` ~ ~ ' % s,.-L fa~ ' - " ---1~ kcv~ ' - . • ~ Notary Public in and for the State of fbrida at Lsrg~ My Comm~ssion expires: Return To: Firat Federal $a~in~s b loan Associat~on Of forf P.~rce. . } Fort Pierco, Flcrida # 2'71638 ; 4 = This Instrument Prepared By J. H, Roberts ~ J7c. f LEU RM4 4EG0RDE0 = First Federat Savings 8~ Loan Association =~,~tIC1E G4#~NtY fLA. of Fort Pierce~ Florida A4GE~,?UiT COURt n'1 CLERK C~ C Checked By I?' !lfCn~~, '~;.r.'~•E~...,..~•--- R ~22 P~1~4't. ~7~ e cow . D~ 31 4 ~tw ~ - - - - - - - j~. ~ ~ ~ ~z r.. : ~