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Home My WebLink About1078 J. To placy and tontinua;~ly keep on tht bui!din~s ~ow or hereaftK sitw~~ on said la~d and on aq equipmeM and p~rsa»Ily tov~red by this mort¢ ' sy~, with ~II p~tmivmi therwn pa~d in futl, fire insura~ce in th~ utusi ira~dard po!~cy fwm. in a sum epprov~d by tM MORiGAGEE, and wu+dstam ~nsuru~c~ in Ih~ uwal i~andard policy ic:m, in ~ sum app~oved by ~M MORTGAGEE, i~ wch tanp+ny w tc^^W~~~t ~s ~he MORTGAGEE ~nay _ directj ~nd ~II i'u~ a~d wind~twm in~uranc~ polic~es on any o( sa~d build~nys. ~~y i~tcres~ thertin w part Ihar~of, i~ IM a99reg~t~ sum aforesaid or ~ in sxceu ~I?ereoi, shall conrain tM u~ual s~andard morigagee cieuse o~ such otlw claus~ as tM Mutgagae m~y requ~n, makinq th~ bii unde~ ~a~d po1F ~ cies, eatA +nd every, payable ~o said MORiGAGEE as its i~tr~ast may appear, and each and every such pol~cy ~ha~~ be WanPHY +u 9^~d +^d dalivered to any held by said MOR(GAGfE ss fur~hsr iau~ity to said mor~yage drbt, and, nol leu than ten (10) days in advance of the expiratan of esch policy, 1o da ' liver to wid MORiGAGEE e renewal thercof, 1oge~her with a reteipt for the pre~~ium of such renewal: ~~d there ~hall bt no f~re o~ windslorm insursnt~ placed on any ol tsid buildings, sny intc~est the~ei~ or part thereof, ~n!es~ in ihe torm and witA the (ou payable ai aforesaid; end in the evMt any ium of mo~~y becomes payab~s vnde~ such po~icy or poGcies wid MORTGAGEE shall Mve ~he op~~on to raceire and appty tM i+me on +cca+~t of tM indebted- nni secured 1?~reby a lo permif said MORTGAGC)RS ~o reteive and us~ it a any part the~.;oi for o~hcr purpoaes, vu~hout th~rto~ waivi~y a~~n~~~• t ;ng any equ;ty, IiM w right under or by virtue of this mor!gaye; and •.n the event ssid MORTGAGORS shall for any reason fail to keep the said premiurs so ~nsurod, u fail ro deliver pranptly any of said po~~cies ot insurance to said ~AORTGAGEE, or fail promp~ly to pay ~ully any p~emium tRcrefw d in a~y respect fail to perfo~m, discharge, exacute, effect, ca*~ptete, canply with and abide by this cove~ant, or any part hereof, said MORTGAGEE may place and pay fp suth insuronce or any part thereof w~thout waiving w affecting any op~ion, lien, equity, or right urtder o~ by virtve of this Matgage, and tht fvtl amount of exh and every such payment shall be immediately due and payable and ahall bea~ interest from the date thereof until pa~d at the ra1~ ol n~ne per centum per annum and to~ether with sych inttiest shaii i~e sec~red by tna iirn o~ ~~~s irn~+igaya. 1. To permit, commit w su(fer no waste, impairment w deteriwatio~ oi said property w any part lhereof. S. To pay all and singular the costs, charges and expenses, including s reasonable attwneY's fee and cost: of abstracts of title, incurred w paid ~t any time by said MORiGAGEE, because a in the event of ti~e failure on the part of the said MORTGAGOfi to duly, promptly and fully perfam, d~uFiarge, >xecute, effect, compkro, comply wnh and ab.de by each and every ~he stipulations, a9+eements, condit~ons, and coveoants oi said promiuory note and this n,ortgage any w either, and aa~d msts, ciarges and expcnses, each and every, ahall be im~nediately due and payable; whether w not thera be notice de~ ~,and, attempt to collM w suit pend+ng; and rhe full amovnt of each and every such paynunt thall bear interest from the dale thereof wui~ p+id ~ht rr o! n~ne per censum Fx'r annu:n; arw all said costs, cherges and expenses incurred w paid, togethar w~1h such iMerest, ihall be secured Qy the lien of tho motlgage. 6. That (a) in the event of any breach of this Mortgage w defaulr on 1he part of the MORTGAGOR, or (b) in the event any of said surtn of moi+ey herein referred ro be no1 promptly and iully paid withi~ thirty (30) days next aiter fhe sarru severalty become due and payabk, without demand or notKe, cr (c1 in the event each and every the s?iputations, agreements. cond~tions a~d covenants of sa.d promiuory note and th~s mortgage any w ei~her are rwl i„ty, promptty and fu~ly perFormed, d scharged, executed, effected, canple'ed, ca~:plred vr~th and a6ided by, then in eithe~ a any such event the said ag gregate s~m mentioned in said promiaso~y no~e the~ re+naining unpa~d, with interest accrued, and a11 moneys secured hereby, thall beco+ne due ar?d pay~ ab e forthwith, w thereafter, at the opt~on of sa~d MORTGAGEE, as fuily and completely as ii all of the sa7d wms of money were wginally sGpulated ~o br pa~d on such day, anylhing in said prom;sswy note or in this Mortgage to Ihe contrary notwithstanding; and lhereupot~ or thereafter at the opti~r? of s ~,d tAORiGAGEE, w~~fiout notice or demand, sun jt taw or in equity, there~o~e w thereaifer beyut~, may be ptoxcWed u if al) moneys secured hereby r:_~ rnatu~et~ Pnq 10 iti In3titutiOO. 7_ TF.ar in the event that at thr beainn:ng of or at any time pend~ng any suit upon thls Mortysge, w to faetlose it, or to refwm it, w fo enfwte ~:,~,ent of•any c~~::ns he~eunde~, said MORTG:.GcE sha11 apply to thz Court having ~ur~sd:dion the~eot ior the appwotmeni oi i iiecene~, tvtt. ~w:~ s~~oii i. •h,vi!h a,:Ho;nt a recei~er oi said mo:tgaged propa•ty a3i a~d s;~r~u~ar, incl~d ng all and s~ngular the income, profits, issues and revenues from wbatevet s:.,-~r derived, each ar.d every of wh~th, it bting exp:css~y inderstood, is hereby mortgaged es if spetifically set fwth ant) deWibed in the yran~ing and ~;uer.dum c~avses hereof, and such Receive~ shall hav~ a!1 the broad ar.d effectice func~.ons and powera io anywise eMrusted by s Covrt to a Receiver, and s_:h aFpointmcal shaU be made by Suth Court as an admitted equity and a r*atter of abso~~re rigM to said AI~ORTGAGEE, and without reterence to the ac~~y~acy or inadequacy ol the value of the property mortgaged or to the so~vency or ~nsolverxy ol sa~d MORiGAGOR o~ the defendanri, and that such r_~-,rs, prof~rs, income, iuues and revenues shatf be appi~ed by such Receiver ac:ord:ng to the lieo or equity oi said MORTGAGEE and the prad'~ce of such Court. 8. To dviy, p:cmptly and fully per(am, dischargc, execute, effect, complete, co~npty with and abide by each and every the stipulatiom, sgreements, _cndit~ons and covenants ~n sa~d promiasory note and this mortgage set 4orth. 9. That in the event the ownership of the martgaged prem~ses, or any part the.eof, becomes vested in a perwn other thsn the MORTGAGOR, the :~RIGAGEE, its successors and assigns, may, without notice to ~he ~1t10RTGA0~, dea: w~th such successw or successor io interest with refereece ro. thia o•tgayc and the deot hereby ~ecured in the same ma~ner as w~th A'artgagor withovt in any way viGatirg or d~xharging the Mortgagors' (iability here- ,.Jer w upon the debt hereby secared. No sa'e of the prem~ses hereby ~no~tgaged and na forbearance on the part of the MORTGAGEE or iri sutcessws ass~gns and no exters;o~ oi the time for ihe paymeM of ihe debt hereby secured give~ 6y the MORTGAGEE or :ts sutcessors w auigns, shal) operat~ ra :e'ease, d~scharge, mad~fy change or af(ect the osiginal IiabJity of the M.ORtGAGOR herein, either in whok or in psrt. 10. Ir is soeuficai~y agreed that time is of ti~e essence of this contract and that no waiver of any ob:igation herewxler or of the obtigation ft :~red hcreby sha': at any ti+r.e thereafter be held to be a waiver of the !erms hereof a of 1he instrument secured herby. 11. In aci:i.r~,, +o the forego'ng mcnrh't payme-~ts o4 p~inc pa! ar,d ir.reres! ~equ~red by the promissory note secured hereby, morfgagor tovenants d agrees to pay ro mo:tg;gee +w~rh each m:,nth~y ~-,a~•nent an add.r:onai sum est:^:a!eri by mortgagee to be equal to 1; 12 of the annual cost of the tollow- A-r1l! real N~cperty taxrs :evi_d or assesscd a~~ias: the a6ove descri~ed rea! estate. B-F-a:-.~u:as en fire and windstflrm insurarce as here~n roqu~red to be carried on the improveme~ts situa2e on the above described premises. ~ C-Prem~v:••s o~ svcfi rrortgage g~a~anty ir.surar.ce as ma~tgagee sha!1 frerr t me to time deem fit t on tFK ban sec~red hereby. ~ ?.torfgygze s~a:~ '.rom ::me to ti~~e ~o~:fy morrgagc+ in writing of the a-nou~t due and pa e hereunder a such sum s hereupon be due end 4 .;'v'e o~ the dJe date of the next mo~th:y payn,ent and each success~ve month thereafter rti) mortgag s tify gagw f a change in such ' curet. Such sums sF.ail be apptied by mort3a3ee toward fhe pay~r.ent oE real property tax s, ~nsurance u nd tgag uarenfy i~surance , _ ..,,ms. ` 1t3 tilITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day year irst id. ned, Seal a 'ver i he.presence of: ~ ~n R ber J. aci ~ . ~ x~~ _ Diane S. Catena i K,,,~ ; . - 5'ATE OF FLORIDA ~ St . Lucie u• c~urrnr oF ~ Before me personatiy appeared RObeIt Catenaei fllaJle S. Cateaa?ci his wiie, to me well known and known to me to be e individvals described in and who ,executed the oi instrument, and acknow~edgad befote me thaf they executed the same iw the p~rposes r~ere~n expressed. And the said ~lane S. =C~a~er"~ael ~::~e of the sa~d Robert J. Catenael ~pon .,~p,rate .nd priv,re ~.=am~nation by me taken separate and apart from her said husband, acknowledged to and before me thaf she executed said instrument freely and volurr .-,ty and without any compulsion, constraint, appre en io , or fear of w from her said husband. .,4 WITNESS my hand and offic~al seal this_ _ da A. D. 19 , ~ 7~ ~ . • Notary Public in and fw the St of Florid at Luye My Commiu'ron expires: / ~ ~ ~ Return To: ~ , v ~ Flrst Federai Savings b Loan Association Of Fort P~erce. fo~t Pirrce, Florida ' ' ~ r~~~r~TMf~' ,F`~•. ~j/' . . : ROCER POtTAAS ~3 O.~' I ~ ~ , This Instrument Prepa~ed By Jahn W. Collins ~~E~K C1~CU~7 COUIIT ~ .•r-' 'S',~ First Federat Savings & loan Association RECORDY£A1F1ED _ :d:, _ of Fort Pierce, RloZida A 'f~ ~ ~ i3 9 Zs ~M'Z~1 L~ ~ ~ ~ ' + ^ •...7 ~ Checked By ~ - 5.:~~. i~~~ ~~r ry~'~l Dl~`~ . 600K PAGE 1O.j6 . ~ _ . ~ . . - - _ ~::~•.v. ~~~y~ - ~ ~ .