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Home My WebLink About0414 To plsce ~nd con?invou~ly keep oo the bui!dinys now w hereafttr titwle on said i~nd and on sll equlp~nent and penon~lly tovered by this mwtg• ~ ~9e, with all premivms thereon paid in full, li~e insurance in tM usval standard polity form, in ~ sum ~pproved by the MORfGAGEE, and windsto~m _ i~~ur~r?cs i~ ~Fr ususl ~taodard po~~cy form. in a sum approved by tM MORTGAGEE, i~ s~ch tompany or compa~iet 1he MORTGAGfE m~y . direct; ~nd atl firs and wlnd~~o~m i~s~rance potic7es e~ ~~y o} se~d buildmyi. ~ny imere~l therein o~ pa~t thereot, in the ~gqrey~te sum afaesa~d or In ~xceu thereof, ihall contain tM uiual ~Iandard mortgagee clause or such oihsr clsuss as 1M Mo~tqagee m~y ~eqvus, maki~p Ihe loss under ~a~d poli- ues, each and evsry, payable to said MORTGAGEE as its interES~ may ~ppear, snd each and t~ery such policy shall be prompt~Y +~s 9^ed +nd de~ivered ~o eny Fwld by u~d MORTGAGEE a~ tur~hsr security to uid mortgaQe debt, and, not lesf ~Mn ten (10) dsys in advance of ihe expir~t~on of each policy, to da liv~~ lo said MORTGAGEE • renewal th~reof, logelha wi?h • receipl (a the pr~mium o( tuth renewal; and lhere ihall be no firs or winds~or~n insurance plsced on any of iaid buildings, any intertsl fherein w p~rt thereoi, unless i~ the form and with ths tou parable as ataeiaid; ~nd in the evem any ium of monay becomes payable under such po~ity or po~~crcs iaid MORTGAGEE shall hava Iht option 1o receive and apply ths isme o~ attounl of ~he indebted- neu sec~red hereby o? to pe~mit said MORTGAGORS to reteive and us~ it a any parl thereof for othcr purposes, witMut ~harFb/ wa~ving or unpair ing ~ny equ~ty, lier? w riqht under w by virtue of thii mor!yage; +nd in the event iaid MORTGAGORS fhall for any reason fail to keep the s+id p.emises so insured, w fail to delive? promptly any of ssid polities of insurartce to ~~id MORiGAGEE, or fai! promptly to pay fully any premwm thercfor w in ~ny respad (ail_1o perform, di~tharge, execute, effecf, complete, comply with and abide by this cove~ant, or +~y part hr~soi, ss~d MORTGAGEE may place and pay iw tuch insurancs w any part thereof wi~hovt waivinp w affecting any option, li~n, equity, w rigM under or by virtue of this Mwtga9e, and the f„II amovnl of ea<h ~nd every tuch p~yment shall be imrncdiately due and payable and shall 'bear interes~ from ths dats thereof u~til paid at the ra~e oi ~ ninQ ~t CM1YT per a~num and together with such interest shall be secured by ths lien of thi~ matg~ge. - _ To permit, tommit or suffa no waste, Impairment a detariwation of taid property or any part ~hereof• 5. lo pay all and singulu th~ costs, charges a~d expenses, including a?easonabte attwney'i iee and costs of abstracts of titte, incurred or paid s~ any time by said MORTGAGfE, because or in the event of ihe failure on the parl of ths said MORTGAGOR ~o duly, promptly and futiy pertam, d~achargs, :xe:ut4, eitecL complete, comply with a~d ab~de by each and every the stiputa?~oi?s, agreements, conditioru, +nd wvenants of ssid promissory note and ~his mwtgage any or either, and sa~d costs, cMrges and eapenses, e~ch and every, shall be immediate~y d~s and payable; whether a not there be notice do- mand, attempt to collect or wit pending; u~d the full amouM of eath and every ivch payment shall beu interoit irom ~he date thereof u~til paid ~1 ihe ra~e of nine per centum pcv anuum; and all said costs, charges and expenses incurred or p~id, toyethe~ w~th such interest, shall be setured by the tien of thit mwtgsy~. . 6. That (a) i~ the event of any bresch of this Nlortgage w de(ault on the pa?t oi the MORTGAGOR, w(b) in the event any of satd :ums of money herein referred to be not promptly and fully paid within thirty l30) days ~ea~ after Ihe same severally become due and payable. without demand a notice, or (c) in the event each and every the stipulations, agreements, cond~tans and covenants ol sa~d promissory note:and th~s mortgape any w ei~her are not ~uly, promptly s~d iully perfo~med, d~uharged, txecuted, eifected, completed, comp~ied with and ab~ded 5y, tF?en in either w any auch eveM ths ~a~d ag ~ gregate sum mentaned i~ seid promissory note then remaining unpa+d. with in~erest accrued, and all moneys secured Ixreby. ~hall become dw ~nd psy- ab:e fwthwith, or thereafter, af the option of said MORTGAGEE, at fully and completefy as if all oi the said sums of money were a~gin~tly s~~pulated t ro be pa~d on such day, anything in said promis~ay note or in this Mortgage to the contrary notvrithstanding; and thereupon w thereafter at the op~~on of ~ said MORTGAGEE, without notice o~ demand, iuit at law w in equity,, thereiwe or therea(rer begun, may be proxn+led as if all moneys secured hereby had matvred pr~or /o ifs institution. - 7. TMt in the eve~t that at the beginning of a at any tirt+e pending any wit upw+ this Mortgage, or to faeclose it, or to refarm it, w to enforce payment of ~ny claims hereunder, uid MORTGAGEE shall apply to the Court having jurisdiaion thereof for the appointment of ~ Reteiver, sucfi Cwrt shall forthv~ith appo~nt a receiver of uid matgaged {xoperty all a~d singular, irxlud~ng all and singular tfis income. profits, iuues +nd revenues from whatevei :ource derived, each and evsryr of whrch, it being expressly understood, is hereby mortgaged as if specifically aet for~h and dewibed in the y.anting and hebendum clavses hereof, an~ s~ch Receiver shall Mve all the broad and eifective funct.ons and powera in anyw~se entrusted by a Court to a Receiver, and s::h appointmcnt shall be made by such Court as an admitted equify and a maner of absolute r~ght ta said MORiGAGEE, and ~without reference to the adequaq w inadequacy o1 the value of the prope~ty mwtgaged or to the soivency o? ~nsolvency of said MORTGAGOR vr the defendants, and thal such renfs, profin, income, iuves end revenues shall be applied by such Receiver according to the lie~ or equity of said MORTGAGEE and the practke of such CouA. 8. To dvly, prortsptfy and fully periorm, discharge, execute, eifcc~, comptete, compty with and abids by each and every the stipulations, sgrecments, conditans and covenants in sa~d prom~uory note and this mortgage set fath. 9. That in the event the ownership of the mortgaged prem~ses, or eny part thereof, becomes vested in a person other fhan the MORTGAGOR, the A10RTGAGEE, its succeuors and assgns, may, wifFwut notice to the MORTGAOR, deal with such succeuw o? successor in inttresf with refere~ce to thif morsgage and the debt hereby secured in the same manner' as with IW~rtgagor witFaut in any way vitiating ot distharging the Mortgagors' liability here- under a upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on the pan o( the MORTGAGEE or its successon i or assigres and ^o eatensiori ot the timt tor the payment of the debt hereby ucured given by the MORTGAGEE or its auccessors or assigns, shall operate ro release, distharg@, modify change w affect the original liability of the MORTGAGOR herein, either in whok w in psrt. 10. It is speufically agreed that time is of the cssence of ~his contract end that no waiver of any obligatan hereunder w of the obl'gaYwn sr cured hereby ahall at any tirrie thereafter be held to be a waiver of the terms hereof o? of the instrumem secured herby. 11. In add~tio~ to the forego:ng monthly payments of princ pal and ~~terest required by tlx prom~ssory note secured hereby, mortgagor tovenanls and agrees to pay to mortgagee with each monthly payment an add~rional sum eshmared by mortgagee to be equai to 1% 12 of the annual cost of the follow- A-All reat property taxes kvied or assessed against the above Jeuribed real estate. i E B-Premiurns on iire and windstorm insurar.ce as herein requ~red to be carried on the improvements situate on the above described premises: C-Premiums on such mortgage guaranty i~surar~ce as mo?tgagee shall from t~me to time deem fit to carry on the loan secured hereby. ~i Mwtgagee shall from time to time notify mortgagor in writing of the amount due and peyable hereunder and such sum shall thereupon be due and _ ~ Fayabte on the due date of the next monthly payme~t and each successive month thereafter urtil morigsgee shall ootify mortgagor of a change in such ~ a^,ount_ Such sums shall tx applied by mwtgagee toward the paymem of real property tsxes, insurance prem:ums, and mortgage guaranty insurance premiums. ~ IN WITNESS Y/HEREOf, the said MOkTGAGOR has hereunto set his hand and seal the day and year ' t afwesaid_ Signed, Sealed and delive~ed in the presence of: ~p ~ fl~{~~~ J~~~ ,/f~ ~ ~ ~MCIE C~3yNtY fl,L a4 ~ RQCEr F=~t'+il~S ~aq y , CiEAC Cts::~ii3 COtMT ~ ~ ' ~ AfCO~+b V£fl1~ifQ . uCa a ~ . ~ " _~i ' ~•q STATE OF FLORIDA I I 43 Lucie ~ couNn oF St . i ~GrJ~~~ Before me personally appeared ~herto DeLuca 8„d = Pat 1. ~e~UCd his wife, to me well known and known to me to be $ the individvsis described in and who executed the foregoing instrument, and atknowledged befora me that they executed the same for fhe pvrposes t ~ rherein expressed. And tF~e aaid Pdt Z. DeLuca ~ r~~fe of the ssid Llmberto DeL-~ca - ~P«? e separate and private ~ ~ e,eamination by me taken separate and apart from her seid husband, acknowledged so and before ~ne that ihe executed said instrument freely a~d vo~urr rarily a~d w~thout any compulsion, constraint, apprehe i fea? of w from her said husband. WITNESS my hand and official seal this day of ~ t bE''r a p, ~q74 ~ Notary Public in a fw t State of Fbrida at l~rye My Commisaion e pires: , f~ i; T', ~ Retum To: $ ~~k~/!~ ~ Fint Federal Savings d~ loan Assotiation ~ E ~~~aj.L~~li~~~~~c.y.r~~ Of Fort P~erce. ~ i ~ i : _ S y ~t 7~1417 ~ ~ - ~ Fort Pierce, flw+da k.,:~w ~J ~:~~••~:~1 ~~~IS ~3~i~C 1~ ~i1 ~r~ i~ ~ 4 a ~ -i~. o -l : c 7 ~ 77 = "s ' ~ =J~ %v~ , _ . ~ v ~ ' ° ~ This Instrument Prepared By RzChard K. Kayes ~ d'-. Z,: ~ First Federal Savings 8 Loan Association -%~'fj''•••••' ~ y~ ~ of Fort Pierce Florida ~i~~~~f~~tK iK ~ri~~~~~`\ ~ ' ~ ~ ~ Checked By ~ aouK 2~ Pac~ ~4 ~ f _ ~ - - - - ~ ~ Y~• -~:K' T"~ fi?. L' p; ' I~YF ~ ~~a~~ ~ _ . a~: _ __v.~'~~_~, . _ _ , _ - ~