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Home My WebLink About0014 . ~ To plac~ and contin~ouily 4ecp a+ ~he bui!d~ngs now a hareaft~r ~ituate on sa~d land and on all cquipment snd person~lly covererJ by this ma~g• ~ rg~, wi~h all premiums Ihereon pa~d in iull, fire inwu~~ce ln ~he usual s~anderd po~~cy (orm, ie a sum approved by fhe MORiGAGEE, and winds~orm i~surance i~ tM uswl siandard pol~cy fa~n +PP~oved by ~he MORTGAGEE, in ~uch comPany o~ canpan(es a~ tha h10RTGAGEE may f di~ect; and all fir~ snd windswrm insvrance policies on any of ?aid bui;d~nps, any iniere~l therein or part thereoi, in the aggre9ate ium aioresaid or in exces~ thereof, iMli ca+lain ~h~ usual sta~~dard matgagee c~ause w such o~he~ clsus~ a~ 1M Ma~9syae may ~equ~rs, making ~he ~os~ under sa~d po1F cies, each snd every. paYable to said MORTGAGEE as its interest may ~ppe+~, and each and every t~ch pol~cy ihall be prompHy ass.yned and deiivrrad ro any held by ss~d MORIGAGEE as fu?~her ~ecurity ~o said mortpafle debt, and, not ~eu than ten (10) dayi in advance of ~ha sxpiration of each policy, to da liver to uid MORTGAGEE a renewal thereof, Io~e~har with a receipt fw the pre~~ium ol suth re~xwal; and there shalt be no f~re or windstorm insurante pleted on +ny of sa~d bui~d~ngi, any interest ths~ei~ a parl thereol, unleu in ths form and with tht loss payable as afwesaid; a~d ln the event any sum of money becon+es p+Y+b1e under ~uch policy o~ polKies ssid MORTGAGEE shall have fhe option to receive and appfy the same o~ account o( Ihe indebted- ness secured hereby w 1o pcrmit said MORTGAGORS 1o receive +nd usa it ot any part 1he~eof fw otlier purposes, w~tho~t Iherc•u~ wai~~~x~ or ~~~~pair- ing any eq~~ty, lien or right under a by ~virtue of th~s mortgape; and in the event ~a~d MORTGAGORS sha~l fw a~y reason fail to keep the said p~em~ses w insu~ed, o~ fail to delive~ p?ompNy ~~Y of said policiaa of insurants to said MORTGAGEE, w fail prompi~Y to pay fully any pre~n~um therefw w in a~y rEfpKt tail ro perfam, d~scharge, execute, efiect, comp~ete, comP~Y wrth and abide by this covenan~, w any part hrreof, wid MORTGAGEE may p~ace and pey fot suth i~iurance or any parl thereof withoul w~ivin~ or ~ffectinp +ny oplio~. lien. equ~ry• a+ ~~9h1 ur+da a by virlve of this Mortfla9e snd the full unounl of each and evtry tvch payment shall ba immediately due and psy~ble and shall bea interest from the date thereof until paid at the rate o1 nine pe~ centum par an~um and togr~her with such interest shall be secured by t1~e lie~ of ihis nnalgsge• • A thereof. 1. To permit, commit or suffa no waste, impaument a deterioration of said property o? +nY Pa S. To pay and iinpular the costs, charpes and expwnses, including a ressonabl~ a~tw~eY's ~ee and co~?s of '~bauacts of titte, incurred o~ psid at any time by said MORTGAGfE, becavse w in the evem of the failure on ths part of tM said MORTGAGOR ~o duly, promptly snd fully perfwm, d~xharge. sxecute, efFect, comptete, comp~y w~~h and ab:de by each and every the stipulations, ~greamenra, conditions, and covenants of ssid pro+n~ssory note and thii .nortgage any or either. and sa~d cos4. chsrges and expenses. each and every, shall be immediately dve and payable: whether a not there be netice do- mand, attempt to collect w suit pend~n9; and the full amouM of e+ch and every such paymen~ sha~l bear interest from the date thereot until paid at the r,~e of n~ne per <entum pe~ annum; a~d atl aaid cos~s, charges and eaper.ses incurred w paid. ~oge~ho* w~~h such interest, shall be secured by the lien of thi~ mortgaye. 6. That (a) in the evertt of any breach of lhis Mo+tgage or defaulr on ths part of the MORTGAGOR, or (b) in the event any of ia~d sums of money herein referred to be not promptly pnd lully paid withi~ th~~ty (30' days nexl after the same seve~ally become due and payable, withoul demand w no~~c~• or (c) in the event each and evay the stipulations, agrcemems, cond~tions and covenaots of satd promiswry rwte and th~s mortgage any a e~thcr are not ~uly, promptly and fully per(ormed, d~scharged, e:ecuted, effec~ed. completed. comp{~ed wi~h and abided 5y. then in either or any such evenf the aa~d ag- grzgate ium mentioned in said promissory no~e thz~ remaining unpaid, with inurest aarued, and ail moneYS ~~~Y• shall becwne due and pey- able forthwith, or thereafter, at the optio~ of eaid 'MORTGAGEE, as fully end completely as if afl of the said sums of money were a~g~~a~~y st~pulated to be pa~d on such day, any~hing ir~ sa~d p~om~sswy ~oro or in this Mor~gage to the contrary notwithsta~ding; and Ihereupw~ o? thereafler st the op~~on of sa~d MORTGAGEE, w~thout no~~ce or demand, su~t at law or i~ eguity, therefore or thereafter be9un, may be p?osecuted ss if all moneys secured hereby n~d matured pnw to its institution. 7, ihat in the event that at the beginnl^9 of w at any time pen~ing any suit upon this Mo~tgage, or to fweclose it, a to refwm i~, or to enfores payment of any claims he~eundet, said MORTGAGEE shatl apply to tFx Court havin~ ju~isd~ction thereof for the appointmenl of a iteceiver, such Cour1 shall For~hwith appoint a receiver of said mortgaged p?oper~y aIl and singular, includ~ng all and sing~lar the income, prol~ts, iasues and revenues from whjte~er source derived, each and every of wh~ch, it be~ng expreasly understood, is hereby mor~gaged ai if spec~iically set forth and descnbed in ~Fk 9~anting e~d habendum clauses hereof, and such Receiver shall have a!I Ihe br~ad and efleuive funct~ons and powers in anywise enfru~ted by a Court to a Receiver, and s..ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the ~ adequacy w inadequacy of the value of the prope~ty matgaged or to the sotveocy o• insolvency of said MORTGAGOR or the defendants, and that such ~ re~ss, profits, incorne. iswes and revenues shall be applied by such Rrceiver accord~ng to the lien or equity of said MORiGAGEE and the practice of such CoutT. ~ 8. To d~ly, promptly and fulfy pertorm, d~uharge, execute, effect, mmplete, comp~Y w~~h and abide by each and every the stipulations, agreements, conditions and tovenants in sa~d promissory note and this mortgage set fwth_ 9. That in the event the ownership of the mortgaged prem~ses, w any part thereof, becwnes vested in a perwn other than fhe MORTGAGOR, the M.ORTGAGEE, in successors and ass~gns, may, without notice to the MORTGAOR, desl with such successw a successor in inte~est with reference to this r.~orrgage; and the debt hereby secured in the same manner as w~~h Mortgagor without io any way vitlating or discha~ging the /J~rtgagots' liabitity hcra ~ under w upon the debt hereby secured. No sale of the Fremises hereby mor~gaged and no lorbearance on the part of the MORTGAGEE or its suctessori i or assigns and nc exrens7on of the time fa the pzymen? of the debt hereby secured given by the MORTGAGEE or its successors or assigns, afiall operate io release, d~scha.ye, modify change o? affect ~Fx~ wiginal liability of the MORTGAGOR herein, e~the+ in wlw~e a'^ Pa~~• 10. Ir is spec~fically agreed that time is of ~he essence of th~s contrad and that no waiver of any obtigation hereu~der w of the obligation sr } cured hereby shdll at any time thereafter be held to be a waiver of the terms hereof or of the instrument setured herby_ 11. In atid:tio~ to the fwego:ng monthiy payr.:ents of princ'pal and interest required by the promiswry note secured hereby, mortgagor covenants a~~d agrees to pay to mortgagee with each mon~hly peyment an add~rional sum esr~ma~ed by ~wtgagee to be equal to 1% 12 of the annual cost of the follow- ~ng: A-All reat property taxes tevied or assessed Sga~~~st ~he a'vove described real estate. 8-Prem~ums on iire and wi~dstorm ~nsurar.ce as herein requ~red to be carried on the Emproveme~ts s~tuate on the above described premises. C-Premiums on such mwi4age guaranty i~svrar,ce as morigagee shaif fram rime to time deem fit to carry on the ban secu.~led hereby. • ' Mortgagee shall from time to time notiiy mortgagor sn writing of the amount due and payable hereundrr artd such sum shall lhereupon be due and ~ jyab?e on the due date of the next monthty payment and each s~ccessive mo~th thereafter u~tit mortgagee shall notify mortgagor of a change in such j a~=.ount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and mortyage guaraMy insurance ~ p~emiumi. E IN SS WHEREOF e saic~MORTGAGOR has hereunto ut his hand and seal the day and year first afw id. ~ elive the presence of: ~ (Sea4 t~'it ess N' h carano ~s~,q ~ - ~ (Seal) ~ ~ ~•~itness Beverly M. Cascarano ~~a~ STATE OF 7 11{ n0 • ~ `~J 1~,~ 55' COUNTY OF - Nicholas J. Cascarano Befwe me personaUy appeared Beverly M• Cascarano his wife, to me well known and known to me to be the individvals described in and who execu~ed the fwegoing instrument, m?d ack~ww~edged befwe me that thay executed the ume for the purposes Beverl M ascazano therei~ expressed. And the said y w~(e of the sa~d TV1C12018S .1. Cascarano upon s uparate and private examination by me taken uparate and apart from her said husband, atkrawledged to and befwe me that she executed said instrument freely and volum rarily and withovt any compul:ion, constraint, apprehension, or fear of w f:om her uid husband. WITNE55 my ha~pd +nd, offic~al seal this day of Y~1 ~t~~ A. D. 1974 . ,v.... , . . ~ = ` •l : ' ~.ertJ . . , ~ . . - ~ Notsry Pvblic in and for the State of et Large _ ' _ - . My Commiuion ~xp~~~: I 11 inoi s • , ~ • ; : Return To: • ~A~ ~ ~ ~ ~F ~'L J R I D t`-'? i M Comaission ires : 1-16-76 . ~ F~nt .p.i~er.t ss~~ny~ ~ DOCUME~+tiARY Y ~P ~ • Of Fort P:erce.-- ~"~'r~ S T A M P T!1 t~ ~ OEPT. Oi REYEi~IiJF s~` ~ ; Forj Piqrce, Floridt.~t ~ y~ t!EG ~ - N - = 31. 5 Q t ~«EU~ ..~uK°Y F~~. ~u ~ . • ~ _ ee. t;;~~ gZ. W AAS ~ - - ; . ; aa~_ ~ ,i ou~T ~ ~ _.,~v;tc ~ ~ Gary F . Ellwood ~~-`-k~; ~ ~;EU ,3 ~ TIii5•Instrtiinent Prepared By Rc .c•" ~ First Fede~af SavTngs & loan Assoaation ~ s ~ of Fort Pierce~ Florida 9 34 AH~~~ 3 ~ ~ Checkeci By ~ 5~ Qt.-?-~ * ~ • i ~ ~ 2~5 PA(;E ~4 ~ - ~ - ~ ~ . ' _ _ • _ ~ £~„r» _ _ _ - - .^~.y'4 ~ ~^i ~ ~~~1~ ' - ~ S¢~~~ i s~ ' xa . ~ „a' G %~~~~~~~s~c-~~;~~~°~ _ . ~ y., _~:"LL'~,. : ~