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Home My WebLink About1245 3. To p~ace and co~tinuousty keep on the Iw~:dm9s now or he~eaficr a~twre on sa~d land and on al~ eq~~y~~~~~~t a~:d personally cove~rd by th~s mortg~ ~ sge, wi~h all p~emiums thereoo pa~d in full, (ire inw:ance in ti~e usuai standa~d po~~q form, in a sum appio~ad by the N10R~G:.GEE, and winds~o~~n ~ insurance in the uwal uandard pot~<y fo~m, in a w~n approved by ihe INORiGAGEE, in svch canpa~y or ca~~pan~es as the MOkiGAGEE m+y dirett; +nd +11 fire and winds~orm insvrance poiiciea on any oi said bu~~d~ngs, a~y iMerest therein or parl thereo~. in the agg~rga~e sum atoresa~d or in excest lhercof, shall contain the usual standard mortgagae clause or such o~her dause as the Mo~~yagee may ro5u.~e, maAing ~he ~ou ~~~der sa~d poih des, eech ~nd every, payab~e ro said A10RTGAGEE as ~ts intercst may appear, and each and every such po~~cy sFiell be promptly a~s g~~rd a~~d de~~ve«d ~o •ny held by se~d MORfGAGEE ss fur~her security ~o said mortgaye debt, and, nor leas ~han te~ (10) days in advanca ol the expirat~on of each pol~cy, to de- liver fo said MORTGAGEE a ro+iewal thxreof, togethar wiih a receipt tor the promium of such renawal; and Ihe~e shall be no f~~e o~ w:~~dsw~~~~ insura~ce placed on any of said bui!dings, any interest there~~ o~ par~ thrreof, unleas in ~he form and with the loss pa~•able as eforesaid; and in the event any s~m of mo~ey becanes payable under such poticy o~ {~ol~c:as ~a;d MORiGAGEE shall have the option ro receivr and apply the san~e on account o( Ihe i~ulabtcd~ ~ess secured he~eby o? ro permit aaid MORTGAGORS to receive and use it w any parl ~heteof lor omer pur~wses. ~•.:~ho~t th;reu~ xa~vi:~~ cr ~~~~p.,~~- ing any equ~ty, lien or righ~ under or by virtue of this mo:tgage; a~d in the eveM ta~d MORTGAGORS shall fw any reason fail to keep the sa~d Wem~s~e so insured, o? fail to drlive~ promptly any of aaid pol~cies of insurance to sa~d MOR(GAGEE, or fail promptiy to pay fully any prem~~m therefor w~n a~Y respect fail to perfwm, discha~ge, execute, effect, completa, co:nsly wi~h and abide by this covenant, or any pa~t hareof, said MORiGAGEE may p~ace and pay fw svch insurance ot any Farl thereof without waiving or afiecting any oplion, lien, equity, w right under a by virrue of this Matgage, and the ful~ smount of each and every such payment shall be immediately due and payable and shall besr interest trom the date thereof until pa~d at the rate ol nine pet tentum per annum and to9rlher with such iNereat shali be securcd by the lien of th~~ mortgage. To ~xrmit, tommit o~ suf(er no waste, impairment or detcrioration of sa~d property w any part the?eof. S. To psy sll a~?d singular the costs, tharges and ex~ses, including a reasonable attarney's fee a~d coats of ab~tracts of Iitle, i~curred w pe~d st any time by said MORTGAG:E, because or in the evem of the faiture on the part of ~he said MORTGAGOR ~o duly, promptly and ~ully perfwm, d~scharge. execute, effect, tomplete, co~nply with and ab:de by each and every the stipulat~o~s, agreements, conditions, a~d covenants o~ sa~d promissory note and ~his mortgage any or ei~her, and sa~d costs, cha~ges and expenses, cach and every, shall be immed~ate~y due and payabte; whether a not there be not~ce de mand, attempl to tolled w Sui1 pend~ng; and the ful) amounl of eath and every suth payment shall bear intrrest from the date thereof until paid at the rare of nine per ce~tum pe~ annum; and all sa~d costs, charges and rxpenses ~ntwred or paid, ~ogether w~th such interest, shall be secured by the lien of tha mortgage. 6. That (a) in the event of any lxeach of Ihis Mortgaga or defau!r on the part of the MORTGAGOR, or {b) in the event any of sa~d sums of mo~ey herein ?eferrcd to be not pranptly and fu~ly paid wi~hin th~rty (30) days next after the same severatly become due and payaWe, without demand or notice, or (c) in tha event each and every tF~e st~pula~ions, agceements, cond~tions and covenants of sa•d promissory note and th~s mortgage any or eithcr are no1 iuty, promptly and fully perfermed, d~scharged, ezecuted, effeceed, complered, compi~ed wi~h and abided by. ~hen in e~ther or any wch event ~he sa~d ag gregate sum me~tioned in said promissory note then rernaining unpa~d, with ir~trrest accrued, and alt moneys secured hareby, sha~l become due and pay- ab!e forlhwith, w thereafte?, at the option of said MORiGAGEE, as 1ully and completely as if aN of thr said sums of rtwney w•ere a~ginally ~t~putated to be pa:d on such day, anything in said prom~sswy note or in this Mortgage to the cororary notwithstanding; and thereupon w thereafter at the op~~on of sa~d MORTGAGEE, witF.out rtotice or demand, suit at (aw or in equ~?y, therefore o+ thereafter begun, may be prosecuted ss if all moneys setured hereby had matured pnot to ~ri institutioo. 7. That in the event Ihat at the be9~~~~~9 of w at any time pe~ding any suit upon this Mortgage, or to foreclose it, w to refwm it, o~ to enforce , F-ayment of any cla~ms hzreunder, wid MORTGAGEE shall apply 1o the Court hav~nq jw~sd~crio~ thereof ior the appointment of a Receiver, svch Court shail Forthwith appoint a recei~er of said mortgaged property al~ and singular, iruludmg alt and sin9ular ~he income, proi~ts, iss~es and revenues from whateve~ so~rce derived, each and every of which, it being expressty unders~ood, is he+eby mongaged as if spec~fically sN forth and dexribed in the g~anting and habendum clauses hereof, and such Receiver shail have all the broad and ef:ective funct.ons and powers in anyw~se ent~usted by a Cour1 to a Receiver, and s.;ch appointment shall be made by such Co~~l as an admi~ted equity and a ma~ter of absolute rigM to said h10RSGAGEE, aix! without reference to 11u ad~quacy w inadeq~acy oi tha value of the pro~erty mortgaged or to the svlvency or ~nsolvency of sa~d MORTGAGOR w the defendants, and that such re~rs, profits, income, issues and rever.ues shall be applied by such Receiver accord~ng to the lien a equiry of said MORTGAGEE and the pract~ce ol such Cour1. 8. To dvfy, promptly artd fully perform, discharge, execute, effect, complete, comply with and abide by each and every the atipulations, agreeme~ts, :onditiona and covenants in sa~d promissory note and this mortgage set iw~th_ 9. That in 1he event the ownership of the mort~aged premises, w any- part thereof, becomes vested in a person other tha~ the MORTGAGOR, the MQRTGAGEE, irs successws and ass~gns, may, wirhout not~ce ro the MOR7GFOR, deal with such successw or successor in interest with refere~ce to this mo:tgage and ihe debf hereby secured in the same manner as w~ih AAortgagor w~thout in any way vitiating o? d~uhargi~g the Mortgagors' liabitity herr under or upon tne uebt hereby secured. No sate of tbe pre.nises hrreby mortgaged and ~ ferbearan~e on t!~e part of the MORTGAGEE o~ its s~ccessws or assigns and no eatension of the tlme for the payment of the debt hereby secured g~ven by the MORTGAGEE or ifs successws o~ auigns, shall operate ~o re!ease, d~scharge, modify change or affect the orig~nal liab~l~ty of the MORTGAGOR herein, eithe~ in who~e w in part• 10. It is speci(ically agreed that tirne is of ihe essence of thiz contract and that no waiver o{ any obligat~on hereunder or of the obligation se- c~red hereby shafl at any time thereafter be held to be a wa~ver of the terms hereof or of the instrument secured herby. 11. In add:~~o~ to the iaego-ng month!y paym~nts of princ'pal and interest requhed by the prom~ssory nore secwed hereb~, mortgagor covenants a~~d ag~ees to pay to r*io:tgagee w~~h each monrhly payrr,ent an add~rlonaf sum esnmated by mortgagee to be equal to 1 j 12 of the annual cost of the foliow- ~ny: A-A!I real propcrty taxes levied or assessed agai~st the a5ove desaibed rea! estate. B-Pren:~u•ns on fire and w~ndstorm insurance as herein requ:red to be car.~ed en the Improveme~ts situate o~ the a~sove d=scribed premises. C-Prem~ums on s~ch mortgage guaranty insvrar.ce as mo+tgagee shali frerr, time to time deem fit to tarty on the loan secured hereby_ Morigagee ;hail 4rom tur;e to time notify mortgaycr in writ~rtg of the amou~t due and payable hereunder and such sum shall fhereupon be due and ;~yable on the due date oi ~he next n:onth:y payment and each svccessive month thereafter until mcrtgagee shall notify mortgagor of a change in such ` a-~ount. Such su~ns shail be app!ied by mortgagee tovvard tne payment of real property taxes, insura~ce prem:ums, and mortgage guaranty insurance ! nremiums. IN YlITNE55 LVNEREOF, the said MORTGAGOR has hereun~o set his hard and seal the day and year first aforesaid. i i ned, Sea!ed an delivered in the presence of: j ~ / a~ ~ ~itl~tn ~ k~it ess J,~S ,h . 818i1k ~aq ~ 1y. _ r.. ~ i it ft . , 7-e- t . (Seaq ~4'1 Il@ S D.J,orts Rlnnk (S~aq S1;.TE fLORIDA J - . , ~ St. Lucie ~ • ~ ' COUNTY OF 1 . t~ :t: t Jose h M. Blank a~ ' Befwe me personatly appeared p c'•~--`~i~ f~ Rdbett~ B1aII1C his wife, to me wr1~~~cnowrS`sn¢kJfeyyn to me to be the individuais described i~ and who execu~ed the foregoing instrument, and acknowtedged before me that t hey; e~icu~ p d• 1 N l~sa~ . i o r,~ M p u r p o s e~ • ; • rherein expressed. And the said Rnhort~R ,~~fe of the said Josenh M Blank • 7\ upon a ie, arate ina privd~ eram~natio~ by me taken separate and apart from her sa~d husband, acknowledged to and before mrthat she execut~d a ~MR~freely D~d voiu+r rarny and w~thout any computsion, constraint, apprehension, or fear of ot from her satd husband. - ~~I2J day of M~C~1 ~ ~ 19~4.. WITNE55 iny hand and official seal thi1 ~ ~ f~ ' • 1': ~ C.7 r•~tJ _:C~?V~O ~It / L~ ! fLe . e. _ f1`l~v~f ~'~~~~j~ f~~ Nolary Public in and for the St~eT~f t~~ ~lt`~p~ .i; Ry~ _ . i ~ i ,1~ My Comm~uion eapires: ~ .e~• ~ Return To: t, .'i ~'+~4 v~~~ v ~ CtEp ~ 1....~+""' V' NOTARY PUBUC. STAT[ ot FIORIDA ~E WtBE ~ First Federal Savings 3 loan Associati~~~;=~; vE•• p Mll COMMISSION EXPIRES SEPT. 25. 1975 ~ of Fo~~ v,e-~A. ~ 09 ! 11 ~7~~ American Banken Inwana Ce. ~ Fors Pierce, Fiorida 4 ~1 ~ ~ ~ ~ 2?~~1#~ This Instrument Prepared By Gaiy F. Ellwood - First Fed~ral Savings & Loan Association - of Fort Pierce ~ Rlorida Checked By~ sb _ ~ gooK 225 ~A~E 12 ~3 3 - - - _ - - _ _ _ _ Sz '•Y+'..,b ~3 : _ s~~~~l .S~~+A~~~F-s'~r - - . . _ 1'?'.. ~Y' ,.a.1 . _