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Home My WebLink About1656 To pl~c~ and conrinua.,sly keap a~ ~hs bui!d~np• now a herea(ter ~it~~t~ on said Isnd ~nd on all p~ipm~nt u~d pNwnally wva~d by this ma~ apw wi~h all pr~miums thereon pa~d ~n tull, fire iosurance i~ the u~ual ~undard policy fwm, In ~ sum ~op~owd by tM MORiGAGEE. ~nd wi~tam ie?w~w~c~ in tM usual ir~ndud poi~cy fam, ie a wm approved by tM MORTGAGEE, in wch comp~r?y or ~mpuun u t!w MORiGAGEE mar du~ct~ ~nd ~II fir~ ~nd wintltro~m inturanc~ polKies on any of s~id b~itd~np~, ~ny inten~t tFw~~in o~ part 11+Hwf. in Ih~ ap9reyat~ wm afa~~aid or tn ~xcets thereof, shall oon~aln th~ usual ~undard mortgagM clau~ a wch o~t?K claus~ ~s tM AAor~yapN may rpu'v~. m~kirp IM ioa vndN s~id po1i~ ; ci~s, ~ach u?d ev~ry, payabN w i~id MORTGAGEE ~s iti imares~ m~y ~ppear, ~nd ~ach and ~wry ~uch po~icy shall bt pranpllY ass:9~?ed u+d dNiv~red ro i„i,{ ~ny Mld by ~id MORTGAGEE as f~rther securi~y to ~aid nw~t9ag~ debt, ar+d, no~ I~u ~han tun (10) d~ys in adv~nc~ oi tM ~:plr~t:on ol each policy, to da ~ IivN to Nfd MORTGAGEE s renewal Ihereof, toQ~~her wifh a reteipl fo? the pr~mium of ivth renewalj Md 1M~~ shaU b~ no fir~ a windslam inwru?t~ pl~c~d on ~ny o( said buildin9s, iny interes~ ~Mrein w p+rt thereof, unleu in ihe' Form and wi+h ths loss payabl~ ~s ai«~saids +nd in tM ~v~~t ~oy iwn of mway becwnes payable ~~d~r ~uch policy or polic'as said MORTGAGEE shall Mvt tM option 10 .eceive and ~pply tM s+m~ on ~cco~nt of tM 1nd~bted~ r+esf iecw~d M+eby w ro pe~mil said MORTGAGORS to receiv~ and u~ ft p any puf therwf ia other pu~pwes, wirhout the~eb/~ waivinq a unpair- inp any aqvity. lie~ or ri9ht u~dcr w by vir~w of this mortyays; ~nd in tM went sud MORTGAGORS sMll fw ~ny reawn i~tl to k~ep tl+~ ~aid p~tmi~et io ir?sured, or f~i) w d~live~ p~omptly any oi said policies ot insurance to said MORTGAGEE, a fsil promptly Io p+y fulty ~ny pr~.nivm ther~for or in a~y ~ rs~pect fail ro paform, discharge, execute, etfect, complete, comply wirh a~d +bida by this covenant, w~ny part. Mr~of, said MORTGAGEE m+y plue and ~ ~ paY ta such insuranc~ or ~ny p~rt tM.eof without waivinp w affectinp any option. lan, eqv~ry, w riphl undK or by virtw of this Mortpap~, and tM full amount oi e~ch u~d every such payment ihall be immediately due and p~yable ~nd tMll bear interes~ fram th~ dal~ thereof until paid at rM ~at~ ot ' ~ ~ niM per cent~m per annum and toyrther witl? fuch interest shsli be secured by fM lie~~ of this mort9aye. ~ 1. To p~rmit, commit w~uffer oo waste, impairmeM or deterioration of s~id propKty a ~ny pul fMr~of. ° S. To p+y all and sinyvlar the co~~s. charges snd expenaas, includinp • reaion~bk mwn~y's f~ ~nd w~ri of absh~da of title. kKwnd or paid a1 sny time by s~id MORiGAGEE, becaux or in the event of ~hs (ailure on th~ p~rt of tM aid MORiGAGOR b dufy, promptly and fully p~rfwm, dixharyR exec~te, ei(ecf, comptets, comply w~th and ab:de by each and evcry ihe sr~pula~Mns, aqreements. caditio~s, and oown~nn of said p?omisswy not~ and ~ha moctQape +ny or eitha. ~nd iaid costs, charges and expensea, each and every, sMll be immediately dw and p~yabl~s whethe~ w not ther~ b~ notice dr mand, attempt to toltett w suit pend~ng; ~nd the fuit amounl of each ~nd every such payment fhall bear inter~st from th~ date lhereof until paid at the rate of ni~s per crntum per annurn; and all said msts, charges and eapenses entw~ed w paid, togelher wi~h suth intKtst, s1+aU b~ astw~d by the Iwn oi this mOrlyapl. ' 6. That i~ the event of any Ixeach of this Mortgage or defautt on tM part of the MORTGAGOR, o~ (b) in tM tvent ~y of said sums of mon~y herein refe~red fo be not p~omptly and fully paid wifhi~ th~rty (30) d+ys ~ext after the same sevcrally becar» due ~nd p+y~bl~, without dem~nd w notice, or (sa in tM event ~ach and every ~he ttipulatans, agreea,enn, cond~t~w+s and covenanb o( sa~d praniswry note ~~+d th~~ mw1p~ any a eitha ue na iuly, proenptly and fully performed, d~uharged, executed, effected, compteted. complied with s+x! ~bided by. tMn irt either or any such ~wnt tM s+id a¢ gregate wm mtnYwned in said prw~issory note then rema;ning unpaid. with interest xaued. and all moneys satvred Mr~by. ahall becornt dw and p+y~ eble iwthwith, a thereafte~, at the option of aaid MORTGAGEE, ai fully +nd completety as if all of the said sums of money were aipinally slipuJatcd to be paid on such day, ~nyfhing in sald p.omiuory nore or i~ this Matgage to tl+e contrary nofwithstandinp; ~nd thaeupo~ w ihereafta a~ tF» op~ion of sa~d MORTGAGEE, without notice a demand, suit at law or in equity, there(ore a thcreafter begun, may b~ prosecvted st if all e~oneyt sacured he~eby had matured prwr to its inslitution. 7. TFNt in the ev~nt Ihat at the beginnirg of or at any time pendirg any suif upon this Mwtgsge, or to forecloa it, or to refwm it, or fo en~orct payment of a~y claims he~cu~der, said MORTGAGEE shell apply to the Court hsving ~urisdiction thereof fw the ~ppoiotmee?t of • RKeive~, wch Court ih~ll forthwith ~ppoint a receiver of said mwtgaged property all and singular, incl~d~ng all and singular ~M income, profits, issuaa uid rwenues from whatever ~ wurca derived, exh u+d every oi wfi=ch, it beinP expressly understood, is hereby mortgaged ~s i4 specrticalty sN fath and d~svibed in fAe ~ranting and habendum ctauses hereof, arxl such Receiver shall have all the broad and effective funct~ons and powers in ~nywise entrusted by ~ Co~~t fo a Receiver, end euch appointment shall be made by such Gourt as an admitted equity and s ma~ttr of absolute rgh~ to said AM1ORiGAGEE. ~~+d witho~t referente to ths adequscy w inadequacy of the value of the prope~ty mongaged er to the so~verxy or inso~vency of uid MORiGAGOR a the defendanri, and that such • renn, profits, income, iuues and revenues shall be applied by such Receiver accord~ng to the lien w equity of qid N10RTGAGEE and the practice of such Court. • - 8. To duly, promptty and iully perform, discharge, execute, effect, complete, oomply with and abid~ by e+ch and every the stipulatiom, ~greeme~?b, co~ditans and covensnts in sa~d promissory ~ote and this mortgage set forth. 9. That in the evem the ownership of the mortgsged premises, w any psrt thereof, becomes vesfed in ~ perwn other tha~ fM AIIORTGAGOR, the MORTGAGEE, its successors and sssigns, may, without notice to the MbRTGAOR, deal with such sutcessor p Wtcessw in interest with referente fo Ihis mu~~gage and the debt Aereby tecured in the sams manner u wi~h Mortgagor witlwut in any way vitistin9 w dixharging the Mortgagors' liability hera under or upon the debt hereby secured_ No saie of the premixs hereby mwtgaged arxl no forbearante on th~ pan of the N10RTGAGEE or iri sutcessws c,r a:signs and no extens~on of the time for the payment of the debt hereby secured givm by' Ihe lll10RTGAGEE or its sucussors w assiyns, ahsll optr~b ro rdease, d~xhsrge, mod~fy change or affect the original Gab~i~ry of the MORTGAGOR herein, either in whole w in p~rt. 10. h is specifica~ly agreed that time is of the essence of this contract arsd that no waiver of eny obligation h~rtunder or of ths obliy~t~en se- cured Ixreby ahali el'~ time thereafter be held to be a waiver of the terms hereof or of the instrument setured herby. 11. In add~tio~ to the fwego'ng monrhty payments o1 princ"pal and interest required by the promissory note setured hereby, mortgsgor tovenanti and agrees to pay to mo:tgagee v~ith each month(y payrne~t an addi~ional sum estimated by mwtgagee fo be eqwl to 1 f I2 of the annuat tost of the follow- ing: A-Ali real property taxes levied w assessed agai+ut fhe above descr~bed reai estate. - B-Premiums on fire and windstorm insurar.ce as here'~n requ~red to be carried on the improvements situate on the sbove desuibed premisd. ; C-Premiums on such mortgage guaranty insurar,ce as mortgagee sha~l (ram t:me to time deem fit to carry on ihe bsn iecured hereby. Nlwtgagee shall from iime to time notiiy mortgagor in writ;ng of tke amount due and paysble hereunder and suth wm shall therevpon be due ~nd payabte on the due date of the next month:y payment a~d each successive month thereafter vr.til mortgagee shall notify mortgagw of a change in sucb a~-~ount_ Such sums shail be applied by mortgagee toward fhe payment of real property faxes, insurance prem:ums, and mottgage guaranty insu~ante premiums. . i IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his hand and sesl the day snd y~r ' sforesaid. - ~ ~ Signed~r5 (~J end deliver 'n the pre of: ~ - ? ~ ~ . an ~ ~ R ert P. Rizzo n _ ~f~?-,. ~d _ Ka erine A~ R"izzq Ka~ine STATE OF ~ Mfl R12Z0 ' O~t.IQ_. ~ ss. counrnr ~ y,. tS m h+ , ~ Robert P. Rizzo --~~w~g~Q p(~o~ally appeared ~ ~ ~ ~ ~n i?i~'~'~ir~eto me well known end known to mt to bt th~ . desuibed in and who executed the ~oregang instrument, and acknowledged before ma that they a:earted the sarrw fot the purposes ~•e~+.,~a.i,ed. Md ,r,e s~~a Katherine A. Ri2zo .A/K/A Katherine Ann Riazo ,'u1i!',o~ itw ,;;d - Robert P. Rizzo , upa, .,ep~„re ,nd P,;e,,~ examination br me taken xparate and spart from her said husband, adcrawledged to and before me that she exetuted said instrument freely u~d volwf- ~ g rarily and w~thout any compulsioo, constraint, apprehens~on, pr fear of w from her asid husband. t WITNE55 my hand and officiat seal this 'j~~~ day of A. p. 1q~_ ` ~ ~ . i ~ FlI.ED a~~ ~ECO ' ` gj,~UCIC COUMTY Notary Publ'~c in and for the StaM of#~rii~~f lar~e ; ROGE?'.. F"v~tRA~ My ew,~m7uion e:pira: O~l~.:~ f ae~ure ro_ ~J T OUI~T CIE~k Liz~ t C . ~ First Feder~l $avtrgs b Loan Association n.~~r~'~fP:^'~~ ~~U~ Of Fort P;erce. pf ~ ~ ~ a~.'rY Pub! ~~Nz ~ Fort Pierce, f:or.da ~ ~ 3 32 PM 15 Mv Commi~~ ~m~ ~MYI nNY ~ 31436s . xoires lan.14, Ig~ ' ~ ~1 . : ~ This Instrument Prepared By Donald B: Hughes;~Ct~~ ~ i ~ J~'`~., Firs t F e dera l S avings b Loan Associa tion ~ ~ ~ of Fort Pie~ce , FloYida 33450 .ti;' ' - ~ ~ ' : ~ ~ Checked By -i.~- ' , _ i ~ . ,f: ` _ ~ ~ ~ ` ` ` ~ BODf(~~~ PAG~~6c~ . dz ~_w v~ : _ . ~°4~~k ~y~~ 1y f : . . _ _ . ~..`L'' ..'.3.,y . ~~'~E..~~°iil• ~ ~1's.~ -L.. ~ ~ . ~ _ ~ . _ _