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Home My WebLink About1332 To plac~ and continuously kecp on ~he buildings now o~ he~eait~r ~~tuat~ on said lar+d and on all equipment and person~lly tov~~ed by thi~ mat¢ ege, with ~II premiums thereon pa~d i~ 1ull, lire ~niuran<e the utu~l ua~dard pof~ty form, in a sum a~ovtd by the MORfGAGEE, ~nd windt~am ~nsviance i~ ths uswl ~tanda.d pol~cy fam. in a su~n approved ~y tM MORTGAGEE, in such ca»pa~Y or ~a^P+^~K ~RTGAGEE inay d~rat; ~nd all fire ~nd windsto~m i~turartcs pol~ciet on +~Y of tald build~nys. +nY interssl therein w part therwf, in ths ~gy~ep+~~ w~+ ~fa~said o~ in excN~ ~Aereof. shafl ca+tain the usval s~andard mor+yages clause or +uch other claus~ as the Mw~9age~ may requu~, makiny tM loss w~der sa~d poli- c~es, each aod every, payab~e to wid MORiGAGEE as ~tf interest may appea~, and each and ~vtry s~ch poliq shall be prompily au yned ~~d d~l~vered ~o ~ eny 1xW by said MOR~GAGEE ~i Fu~?her stcurily to said mortyage deb1, and, not less than ~e~ (10) days in advance o~ ~he ~xpir~tion ol each policy. to dr I~Ye. to uid MORTGAGEE • renewal thereof, toge~hm with a receipt fo~ the pre~nium of such renewal; and ther~ shal) b~ no i~~~ a w~~dsto~m insurant~ , placed on any of said b~ildirgs, ~ny interest therei~ w p+rt thereof, unless in ~hr iorm and with ~h~ loss payable ai afaes+id; and in ~he eveM ~ny wm - of money becanes p+yable v~der such polity w policies said MORTGAGEE ~hall M~e the option to receive and apply tM s+rn~ on atcw+M of tM indebted- ness secured hsreby o~ to pe~mil said MORTGAGORS to rcteive and uss it w any par~ tF~ereol fw other purposes, without th:reb/ wa~ving or ~mpair• ing any equity, lien w right v~der w by v'utue of Ihls mors9age: and in the eveM ta:d MORTGAGORS sMll tw +ny reason isil to keep 1he said p~emise~ so y ~nsu~ed, o~ fai) ro deliver promp~ly any of uid po~kics of insurance to sa~d MORiGAGEE, or fail promptly to pay fulty ~nY prenuum thereFw a in si+y respect fail to perlorn4 discfiarge, exacute, efiecL complete, comply wi~h and abide by thls covenant, a any part hereof, iaid MORTGAGEE may plate and _ i pay fw such insurance or any parl the~eoi without waiviny or affectiny aey op~~an, lie~, Mui~y, or righr onder or by vinue of Ihis Mwtyaye. +~+d ~he i f. u amoum of each and ovay such paymem sna11 be i~r~mediately d~~e and psyable and shall bes. intcres~ from the date tF.ereof until paid at tM rate ol ~~:~,e per centum ptr annum and lo~ether with such imerest shali :x secured by the lien of th7s mwtgage. To parmit, commit ot suffer no waste, impa~rment or deterioration of said property or any part tl?ereoi. S. To pay all and u~guta? the casls, charges a~d ex~ses, includ~ng a reasorwble attorney'~ fce H+d cos~s of abstr~cts of titl~, incwred w p+~d a~ a~r ~~me by said MORTGAGEE, because w in the event of the fa~fure on ~he Pdr~ of the said MORTGAGOR to duly, promptly and tully perfwm, dixharge, _..~~c~te, effect, comptete, comply w~th and ab:de by each and every the stiPulat~ona, agreemenri, conditiau, a~d cove~anrs oi said promissory note a~d thii ,,or~gage any or e~ther, and said costs, charge~ and expenses, each and every, shall be immed~ately due and payable; whether o? oot there be not~ce de ~»a„d, atrempt to tollect w sui~ p~~d~ng; snd the fvll amount of each and eYery such paymeN shall bea~ interest from IM d~te the~eof w+til paid st the ~e o' nine pe+ centum p..~r annum; and alI said costs, cha~gas and eaYe~s:s ~+~cwrnd o~ pa~d, together with such iM~trest, shall be setured by the liee of this n;oi tgage. 6. That (a) in the event of any breach o( this Mortgage or default on the pa~~ of the MORTGAGOR,. or (b) in the event ~ny of sa~d sums of ma+ey herein refe?red to be not p~ompNY and fully paid wirhin th~rty (30) days next after the same seve~atty become due ~nd paysble, wilhoul demand or notite, ~ ;r rc) i~ the e~ent each and every ~he stiputations, agreements, conditions and covenams o! sa~d p~om~ssory note and th~s matgage a~y or e~~he~ ~rs nd ~~ly. prompNy artd fu!fy performed, d:scharged, executed, e{fected: comp~eted, can,plied vri~h and abided by, then in e~ther or any such eveM the said s¢ ` g~egate sum ment~oned in said promissory note then r~~naining unpaid; with imerest accrued, and all moneys secured hereby, shall becon?e due aod p~y- y ab'e forthwith, or thereafter, at the apt~on of sa~d MORiGAGEE, as fuUy and compie~ely as if all of the said sums of money were wig~n+lly stipulated i ro b~ paid on such day, anything in sa:d p~om~sswy note or in this lAortgage to 1he con~rary notwithstanding; and thereupon w thereafter tl the op~ion of { s~:d MORTGAGEE, without notice or demarul, surt at faw or in equAy, therriore o~ thereafter begun, may be p?ostcuted as if all mo+~eys setured hereby n.:d matured pnor fo ds institution. ' 7. Thaf in the event that at the beginn;ng of ot at any time pe~~d~~~g any su~t upon inis inv+ta3aye, ~ t3 4:.:«~~3 'ef3~"• ~u tg ~4~~ F a,-~;ent of any tlaims hereu~der, sa+d MORTGAGiE shalt apply to the Court hawng ~ur~id:ction thereof fw the appointrt?ent of ~ Receiver, such Covn shall r, ~`:,.irh appoi~t a receiver oi said morlgayed prop.:rty a:i a~d e~n~ju~ar, iec;ud:ng at~ a~d s~~~~gular ~he income, profits, iuues and revenues from whateve~ s:•ce derived, each and every of wh:cfi, ~t kx:~ng exp~ess!y ~nde~s+ood, is 6e~~•by meriyaged as if spec~fically set fath and desuibed ie the gran?ing and i.:6e~~dum c~a~ses Aereo4, and such Receiver shall have all the broad a~d eff~•a~ve f~nu~ons and powe~s in anywise eetrutted by s Court fo a Receive~, and s, ch app~immenl shall be made by suth Coutt as an admitted equity aed a matter of a6soiute rigM to said MORTGAGEE, and wilhoul reference to the ad~y~acy w inadeq~acy of the value of the p~operty mortgaged or ro tne so.vc~xy o~ ~n<olvency o( said MORTGAGOR o~ the defendann, and that such •~}s. pro(its, intane, issues and revenues sha11 be applied by such Rece+ve~ accordmg to the lien or equity of wid MORTGAGEE and the practice of suth Court. 8. To dvly, promptty and fulty perform, d+scha~ge, execute, effect, complete, comply with and abide by each snd every the stipulations, agreements, ,o~,d~rions and covenams in sa+d promisswy note and th~s mo~tgage se~ forth. Q. That i~ the event the ownership of the mortgaged prenises, or any part thereof, becomes vested in a perwn othe~ than the MORTGAGOR, the '.'~Ri~,AGEE, its succeszors and assigns, may, without not~ce so t!?e .Y.ORTGAOR, deat w~th such successor o~ successor in interest with referente to this • n~igagc and the deb~ he~eby secured in the same manner as w~th Mo~tgagor witkrout i~ a~y way vitiating or diuharging the Mwtgagors' liability hera ~~ae~ or upon the debt hereby secured. No sale of the premises hereby mortgaged a~d no forbearance o~ the part oF the MORTGAGEE or its sutcesson or as>~gns and no extension ot the time for ehe payment of the debt hereby secured g+ven by the MORTGAGEE w its suttessors w auigns, aha~~ operate ro re'ease, d~scharge, m.od~fy change o~ affect tne oreglnal liab.I~ty of the MORTGAGOR herein, either i~ whok or in parl- 10. It is spec;fical{y ag~eed thar t„ne is of the essence of this contra:t and that no waiver of any oblgaYan haeunder or of the obligsYan sa i c:,~ed hereby shatl at any time thereafter be rt_:d to be a wailer of tFw terms hereof or of the instrumeM secured herby. ; 1 L M a3d,tio~ to the foreco ng moNh!y paym_nts of p•in. pal and inrerest requ~red by the promissory oote secvred hereby, mortgagar eovenants ! ,,;r~¢s to pay ~o matgagee v:~th each mo~~~hiy pa;~~ent an add.ricna~ s~m est~n,ated by mortgagee to be eq~al to 1~12 of the annual cost of the follow- ; A-All real properTy taxes' leviad o~ assessed ay.~i•~st tF•e a~ove tiesc~ibed real estate. 6--Pramiur.u on fire and v+in~ls!e.'n: TSbfdcC( as here~n requ red to be ca:ried on the ~mproveme~ts situate on the above destribed premises. C-Pre•~~~,~•s o~ such mortgage guaramy icswar;~e as mort_~a5ec' shall~from t me to ±ime deem fit to carry on the ban setured hereby. !Sortgagee s~ail from r~~r;e to ttme nctif; mo!tya~o! m v:r;i~r.g of the arr.o~ro dve and payable hereunder and suth sum shall thereupon be doe and ~ •~:'e on the due date of ~ha next mo~+'hiy pa~ment and eacfi success~ve rr.o^th thereafter until rtwrtgagee shall notify mortgagor of a cha~ge in such ,nr. Such svms shail ~e app~ied by marrgagre ro.vacd payment of real proper~y tazes, insurance prem:ums, and mortgage guaranty insurance ` ~ . urns. IN \4iTNESS LYHER~OF, tne said MORTGAGOe2 has here~~to set his hand and seal the day a r first~~ Signed, Sealed and deli+ered in the p~esence of: aQ - Donald J. er ,q ~ ~G,L~.'-' ' - : n ~ J se h e . I.acher ~';.TE Of FLORIDA ~ SS. C:'iNiY OF SL. I_n~io ~ Befwe me persona!!y appeared _ _ DOnald J. Laeher .~a Josephine A. Lacher his wife, to me well known and known to me to be _ individua!s described in and who executed the foreg ing instruqx~t, and acknowledged kxfore me that they exetuted the samt fw the pu~peses ~•e+n expressed. And the said .~osephine A. i.aeheY ~r~ of the said _ _ ~Ollald J 4ach~ _ s xp~wls and privats .-~n~nation by me taRen separate and apart from her said husba~d, acknowledged to and befwe me thal she executed said instrumeM freely snd volun- ',y a~d w+thout any compuls"an, constraint, apprehension,~, `or f-ear of or from Fxr said husband. tiY1TNE55 my hand and offic~al seal this__-~~~! _ day of ~y - A- 19 74 ~ ~ ~ • ~ Not~ry Public in ~nd fw the 5 of Florida at larpe ' My Cortrniuion expires: t 0~' ~•'f• ` ~ Retum To: : ~~•s~~~••.•r.. ~ First Federal SaYings 3 loan Associatlon Akt? aEG~ \ ~ . _ Of Fort P erce. }`~,uCi« ~~UN Y ~1 ` ~ j ~ . v • . ~ ~ ~ Fort Pi~rce, Ftc.ida ~ ~ERPOISaA~'R ; y~ i" d' ~o ~~~cu?t aou t = ' ~ CLERK p~riEO _ ' ~ - p ~ . RECnRO ~E ? 'c~ ~ ~ ~ : c' 1 aM,~~ r ~-v .t , _ This Instrument Prepared By J. H. Roberto..T~~ 10 Z 0' rl~li ~aa~~~~~J.1~. F~rst Federal Savings & Loan Association ~ ' of Fort Pierce ~ Rlot ida r~Q21~ • - :r 5 ~ ~G i~~~~i~t~t~i~~~~.~~ Checked By sooK227 PACE1330 _ . . r ~ _ - - - - Pr~ ~ ~ ,~„~s ~ ~ ~ ~::Y _ ~ , s.. a~