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Home My WebLink About2834 To pl~ and cominvouily keep on IM buiid~ngi now or haeafe~r ~itwt~ oe? sa~d I~nd ~nd on all puip~.Ne~ a~d p~naully covaed by thi~ matp~ p~, wilh ~1) ptemivms thereo~ p~id i~ fvll, lirs Ins~:~rxo in tM usual ~undard po~icy fwm, in • ~um ~pproved by tM MORiGAGEf, u?d wi~tam instiranc~ in tM usua) stsndard pol~cy (am, in a sum ~p~xoved by tM MORTGAGEE, i~ wch company w tompani~s ~s tM MORTGAGEE m~y • direNt and all (U~ and windslwm ini~ra~ce policie~ on any of s~id buildngs. any iMer~~t fhsrtin a part therwf, i~ tFw ~9qrpa~~ sum afa~Nid ot z-+ in exca~ Ihcrwf, ahall coN~in ~M wvsl ~undard mw~gapN dsus~ o~ svd? o~hN cl~,n~ as tM Mo+~ya9N may rp~u~, m~Ainp th~ lou ~ndtr s~d po14 ; uss, each u~d ev~ry, payabl~ ro said 1NORTGAGEE as its iroe~esl mey appear, and each and avery ~uch policy zMil b~ promptly ass.gncd ~nd de6vered to t'' i any hsW by taid MORTGAGEE as furthe~ ~acv~ity to said malpye debt, and, oot leu rMn 1en (10) days ie adv~nc~ of ~he •xpi~~Gon of each policy, ro da ~ ; I~v~r lo uid MORTGAGEE a renew~l Ilxr~of, topethsr wi~h a rece~p~ (or tM pemium of such nnew+l; a+d /Mrt shall b~ ~o fir~ w winditorm inswana plsnd oe ~ny of aid buildirp~, aoy Imerest thH~in o~ p+~~ thersof, unks~ in ~he form and with th~ loss payable as afw~said; ~~+d in th~ ~~ent ~ny wm of mw?~y btcomes payabl~ under such polky a policies said MORTGAGEE shall Mve tM option lo nteiw and ~pply the sam~ on account of 1M indebqd- neu ~etured hereby a ro permit ~aid MORTGAGOAS ro rece+vt ~nd usa it w any part ~hereof ior other purposea, without Ihereo; waivi~~ or ~mpair- " Infl any pvity, Ii~n w?i~h~ unJer w by vi~tve of this mort~~9e; ~nd in tFN evav+t ~aid MORTGAyORS sMll for any ~eaior? iail ro keep 1he s+id prunius io insured, or fall to deliver promptly any of uid polKies oI in:urance ro t~id MORTGAGEE, u(~i) Rromptly to p~y fu11y any premi~m ther~fw ot in any ~ ~ re~pect ieit ~o palorm, dixharge, execute, effect, complet~, comply wi~h and sbids by th7s tovensnf, w any pa~t he~eof, uid MORTGAGEE may place ~nd ~ pay for such insuranc~ w ~ny parf tixreof witlauf walvinp q aftectinp ~ny option, lien, equity, or riyht und~r or by virfw of thit Mwtyaye, ~nd tht F full amount of each and ~v~ry wch psyment shal! be ~mmediately due and pryabts •nd shall be~r intsr~st from ths d~t~ tF~eraof vntil paid at ~M ~ats ot n~ne per centum pe~ annum and togethn with such inte~est shall be sxured by the ~ien of this morlgsye. 4. To permit, commlt w wffer no wa~te, im~irmen~ a~ detcriuation of said property or any parf 1M~eof. S. To p+y all and sing~lu the coati, chargea and expensss, includiny ~ re~son~bM anwney's fee and cos~t oE ab~tr~ctt of titls, incur?ed a p~id ~t any lime by taid MORiGAGEE, bccavse w in the event of the failure o~? the parl of the said MORTGAGOR to duly, promptly and f~lly perform, dixhar9s. execute, effect, complete, comply with a~+d ab;da by each and every ~he stipulatians, ayreements, condi~lons, and cover?anp o4 said prom;uory nota and ~hw .~-orlgags a~y or ei?her, and sa~d cosb, charges snd expenaes, e~ch end way. shail immediately due and payable: whetMr or not there be no~ice ds~ mand, att~mpt to collect w wif pendirg; and ths futl amouM of each end every wc~ payma?t thall bea? inlerest irom tM date tFwreof until p~id ~t tM +:,rr of nine per tentum per a~num; and all said tosts, char9ea and expenses inwrred w paid, together w~th such inMrest, sMll b~ stcurad by the lieo of thu mortga~e. 6. Thst (a) in the event of any bresch of Ihis Mwtgage o? defau!t on the part of the MORTGAGOR, or (b) in the event any of uid ivms of moMy herein referrad lo M not prompNy and fully paid within Ihirty (30) days next si?e. fhe samt teveratly betans-due and payable, without demand Or notice, or (c) in the event each and every Ihe stiputatiwu, ~greemenn, conditions a~d coverwnts of sa~d promiuo?y note and th7s matpaqe ~~y w ~itAer ar~ ool ivty, promprly and fully perfwmed, d~scherged, executed, effected, complcted, complied with snd abided by, fhen in either or any such eveM IM ssid ag~ greyate sum mentioned in said promissory rate then remaining unpaid, with interest accrued, and aIl moneys secured hercby. shall becoms dw ~nd p~y~ able forthwith, w thereafter, a1 the option of said MORTGAGEE, as fvlly and comp!etely ~s ii all of the said wms of money were wiginally ~~ipulatcd ro be paid on suth day, anything in sa,d promiuory note or in this Mortgsge to the conlrsry notwilhstsnding; and thereupon or thereafta st ths option of sa~d MORTGAGEE, w~thout norice w demand, avit at law or in eqvity, therefo~e a thereafter begun, may be prosacut~d u if all mor~eys secured he?eby n:d matured pnor to ~ts institution. 7, That in the event thaf at the beginning of w st any time pending any suit upon this Morlgage, or to foreclose fl, or to nfam tt, o~ to enfwM F.3vment of any claims hereunder, wid MORTGAGEE shall apply to the Courf havi»g jwisd:clion thereof iw the appo+Mmen1 of • Receiver, such Cou~t shell ~o,~hwith appoint a ~eceiver of said mwtgagad property all and s~ngular, includ~ng ail and singulu fM income, protits, iuues a~d revenves irom wfiatever sev~ce derived, each and every of whic~, i~ being exprtssty understood, is hereby mo.rgaged as if specifically set for~h and destribed in the yranting and haoendum ciauses hereof, ~nd such Receiver shall have all ihe b+oad and effeaive fvnct~o~s and powers in anyvrise entrusted by ~ Court to a Receiver, arxl s_ch appointment shall be made by such Court as an admitted equity and a matter of absalule right to ssid MORTGAGEE, ~nd without relerente to the edeq~acy o? inadequacy of the valve of the property mortgaged w to thc so:vancy or ~niotvency of said AAORiGAGOR a the defendants, and that such r_~•~+s, profits, income, iuuea and revenues shall bs apptied by such Receiver accord~ng to the lieo or equity oi said MORTGAGEE a~d the proctice of such Court. 8. To duly, promprly and fully per{orm, discharqe; execute, effect, complete, comply with and ab~de by each and every the stipulations, agreeme~ts, :ond~t~ons and covenants ~n said promissory note and this mortgage xt iath. 9. TF.at in tbe event the ownership of the mortgaged premises, a any part thereof, becomef vested in s person othe~ than ihe MORTGAGOR, the RTGAGEE, its "succeisars and assigns, may, w~thout notice to the MORTGAOR, dea! with such svccessor or successor in interest with refereote to this r~,o-tgage a~d ihe debt. hareby securod in the same martner as with Mortgagw without in any wsy vitiatinq w d~scharging the Mortgagori liabi~ity hera ~~der w ~pon the de6t hereby secured_ No safe of the premises hereby rtw~tgaged and no forbearance on the part of the MORTGAGEE w its successws c~ assegns and no exrens~on of the time for rhe pay~nent of the debt hereby secured given by the MORTGAGEE or ib t~cteuots ot aui~ns, aMll operal~ ro re!eax, d~scharge, modify change or affect the orig~nal lia6il~ty of the MORTGAGOR herein, e+thtr in whok or in part. 10. It is spec~fically agreed that lime is of the essence of this contract and thst no w~iver of ~ny obSigation herevndet o? of the obligafion sr cvred hereby shatf at any time thereaher be held to be s waiver of the terms hereof w of the :nstrwnent secured.herby. 11. tn add~tio~ to ihe forego:ng monthl~ paym.snts of princ pat and interest requ~red by t!K prom~ssory no!e secured hereby, morigsgor tovenanb a=d agrees to pay to mortgagee with each month!y payme~t an add~rionai svm esti:r.ated by mortgagee to be equal to 1/12 of the annual cost of the follow- A-All real property tazes kvied u assesscd agai~,st th~ above described real estate. B-Prem~ums on fire and windstorm insurar.ce as herein requ~red ta be wrried on the imp~ovements cifuate on the above described premises. C-Prert:iums on such mortgage guaranty insurance as mo~tyagee.shail irom time to ti~ne deem fit to carry on the loan secured hereby. Morigagee shall from rime to t~rne norify mortgagor in writinq of the arr.ount due and paysble lxroundet and s~ch sum shall thereupo~ be due and 4 c. , r ab!e on the due date of the next morohly payment and each successive month thereafre? until mortgagee shall notify mortgagor of a change in such i ount. Such sums aF.alt tx appiicd by mortgagee toward the payment of real property taxes, insurance prem:vms, and mortgage guaranfy inwrsnce t •:'En;iUTf. IN WITNESS WHEREOF, the said MORTGAGO~Z has hereunto ut his hand and seat the day and year first afwesa' - ~ Signed, Sealed and delivered in the prexnce of: ~ ~ ; _ ~ R r 1 i ~ e ~ _ ~ arole eleit ~.,q S'.%+TE OF fIORIDA ~ ' ~~,~rY oF St. Lucie ~ c~ ~ ~ Befo~e me penonaily appeared _ ROb@It p. Paweleit ~asnla pOWQIQit his wife, to me well known and known to me to b~ ri+a individuals desuibed in and who executed the foregoing instrument, and acknowledged before me tMt they executed the wme for tf?e purposes rhe~e~n expressed. And tM sai~ rgYoi,,g R~ P~.raleit . ~ ~.~fe of the sa~d ~ ROb@]Ct p. Poxeleit , upor? a separate and private L e.am~nation by me taken separate and apart from her said husband, atknowledged to and before me ihaf she executed said insWment freely a~d vol~n- ~ ~a-~iy and withwt any compulsbn, constraiM, apprehension, or fear of or fram he~ iaid husband. , ~ WITNESS my hand and official seal thi: day of Rebruarv A D. 19~f. ~ Notsry Public ia ~nd f State of Fbrida at larye ~ ~ My Comrnisiion ex ' . ' ; ~ Return To: / O- 3 O- 7 6 ~ AND gEC01t0E1 • Fint Fcdcr~l Savin s 3 Loan Asaociatron ~ Of Fort P~erce. ST LIiGf G4VMN ~A' . ~ ROCER ~JRRAS ,,~~,~«uu~ _ 1~~~ Fort Pierce, Florida ~ y1 ~y ' :4 CIERR CtRCU~t COURT ~ 3,~' . ~ ~ R£CORO YERti1E~ v b ~ : ~ ~ . p ~ ~ ~ . j1_ . , , 3 - 'u ' S . ' ~ ~ £ ,t.~ , ~ ~ D~I~n 7 '~;..7' ''d :jz 's`;4,,. ~ ~ This Instrument Prepared By RobeYt A. Swisher, Jr. =,:~t:9 ;i401~ First Federal Sevings ~ Loan Association : ~ of Fort Pierce , Rlozida 33450 M1~ 3.~~~;'p ~~1, ~ ~ C?• ~ u ; ~ Checked B ~0~~ ~r. ~ ~ ,~y~^y t , ~ ' ~ ~~r. s 41-?St~_ ~1~, . ~ R l~~~~=~11111\1~~~~~ r ~ 800K PAGE2831 . ~ -r , ~ 4- ~ ~ . j- ~ ~ - ~ ~ y s : ~ ~ j ~ ; . _ , ~