The URL can be used to link to this page

Home My WebLink About0048 9. To piac~ and coniinuou~ly k~ep on th~ buiid~~,q~ now a h.~••r~N w~~.a o~, ..~d ~.nd .~d on an u?d p..w~?•uy w~K.d by ~s r~w~~ 4 p~, with dl premiums Ihs~eon p+~d i~ (ult, lire insur~nc~ in 11» uiual uudard polic~ form. in ~ suen app~owd by tM MORiGAGEE. and wind~~am Inwranc~ ie tM ~wal ~tandard policy io~m, in ~ sum approv~d by tM MORTGAGEE. M~ucA comp~r~y a wmp~nia a~ ~M MORTGAGfE nuy dinctj ~nd ~11 ~'a~ ~nd wind»wm insuranc~ polici~s on My of Nifl biliWillp{~ ~lly {M~fN~ IFNf~lfl 01 pi/1 tlNf~pl. in IM pqrpat~ swn ~fw~said w in ~xcsss ther~of. ~haU conui~ th~ uwal sandard mor~~a~ cl~~s~ a iuch othK tl~w~ ~s tM Matyas» may rp~b~. makinp IM Iw~ W~d~r said po1F cip. each snd wery. paY~b1~ ro uid MORTGAGEE i1s imerest maY ~pp~ar. ~nd sach and ~wry suth policy ahail b~ pranptiy u~:yn~d ~nd d~livKed ro ~ny MW by said MORTGAGEE furihs~ seturity to uid nwnyage debt, and, not I~q th~n I~n (10I d~ys in adva~ct of tM ~xpiration of ~ath polity, to d~ liwr lo said MORTGAGEE •.~newal thereof, tope~her wi~h a receipt ia the premium of wch rMawal; snd ~htn shatl b~ ~o fu~ a winduam inaurant~ p1Ked on any ol faid bulldi~gs. any intcreit thero~n w part lhereof, ~nlesa in th~ torm ~nd wl~h ~he lou payab{~ a~ afw~saids ~~+d In tFM w~nt ~ny sun+ of mon~y becomes payabl~ u~ds~ ~uch policy w polKiss aid MORTGAGEE shall Mw ~M option w recerve +i+d ~pply tM sun~ on aaoun~ ol ~hs ind~bt~d n~u tecwed ht~epy w w pe~mil ~aid MORTGAGORS to receiw and us~ it a any pa~t tMreo! fa o~her pwposes, wi~hout ~hKeb~ waivinp w anp~ir- inp any eQ~?~y, lisn ot r~ht under ot by virrue of rh~s morr9sye; end in tM evtnt sa~d MORiGAGORS shall fw sny ~~a»n fail to ke~p tM uid premises w ; iruured, w fail 1o deliver promptly any of said policiea of in~wanc~ to sa~d MORTGAGEQ o~ fail promptly to p~y fully any pr~mium thenfw w in u+y i napect tall 1o pKfam, dixharge, execu~e, ~f(ec~, canplete, comply with and abid~ by thls covenant, w any pirt F?~r~of, a~id MORTGAGEE may plaoa ~rd paY for iuch in~uranc~ a any part ~hereof w~thout waivinp or ~ifectinp any option, li~n, pu~ry, or riph~ undK w by virtw of thls Ma~ps~, ai+d the full amount of each ~~d ~vNy ~uch p+ymsn~ iMtl be immediately dw and p+yable and shall bear inttre~t from th~ dN~ ths~wf uo~il p~id ~t tM r~t~ ol nin~ ps~ cent~m per annum and together wi~h such interei~ shall be secured by tM lieo of this mort~ape. 4. To permif, canmit or suf(a no waste, impairment a deterioration of s~id properry or any pat tMreof. S. To pay all and ~inpul~r ths cosK, char~es u~d exper+ies, includ"ug ~ reawnabls atto?ney't fe~ ar+d cosb of ~batracfs of titb. incvn~d o? paid at i any tim~ by said MORiGAGEE, becwse a i~ the evem of ~he failurQ on rhs part of tM said MORTGAGOR a duy, prompty and fvlFy p~rtorm, dlsch+r~ 1 execute, effed, complea, comply with end. ab~de by each and every ~M ,np~,tanons, apreemenrs, condi~ion~ •nd cowe+ann of said prom~swry na• and ~hw ~ mo?tya~~ any or ei~her. ~nd sa~d coits, charpes and expensas. each snd every, sMll b~ immediately dw ~nd pay~bl~: wMthe~ w rat thK~ b~ ~o~ice dr m~nd, attempf to cotlect or su11 pend~ngj and the full amo~nt of each snd wery such paymant shsll bsa~ intere~t frpn 1M dat~ tMreof untll p~ld at th~ rate of ~ino per centum per ~nnum; and all said msts, charges and expenses incurrd w p~id, topether with svth intK~tt, sMll b~ setv~~d by th~ li~n of thi~ matp~. d. Tl?st in the evaeN of any breach of this Mo.tyage or defaul~ on tM pa?t of the MORTGAGOR. o? (b) in th~ ~vMt sny of s~id aHm of naney hcrein referred to be not promptly and fully paid wifhin thirfy (30) days nex~ afrer the same uverallr become dw ~nd payabl~, witlw~t dem~nd w notice. o? (c) tn th~ ~vent ~acA ~nd every tM stipularions, ag~eements, conditions and covenanrs of ss~d promisswy oot~ and th~s mort~p~ any w ~ithtr a?~ nol ivly. pranptlp a~d f~lly perfwmed. d~xharged. txecuted. ~ifecred. completed. compl~cd w~th and abided by. th~n in ~ithN or any s~d+ rwnt th~ taid ap~ gregat~ wm mentaned in s~id p~omissory note then remaininp ~npaid, with interest actrued, and all moneys secured hereby, shall betonw dw ~nd p~y~ sble forthwith, w Ihcreaite~, at Ihe option o( s.+id MORTGAGEE, ai fully ~nd comptetely as if sll of the s~id swns of rtarnr wer~ wginalty slipul~led to be paid a+ such day, anythiny in ss~d prom~uory nore a in this Mortgage to the comrary rrotwi~hstandinp; ~nd therwpon or thsrtaftw ~t th~ op~an of taid MORTGAGEE, wi~hovt no~ice o~ demand, iuit ~1 Isw a i~ p~ity, therofwe o? thereai~er begun, may be prosecvted ~s if ~ll ma~e~t wcured haeby had matwed ptior 1o ib institution. 7. That in the event that at the beginning of or at any time pending ar?y suit upon this Mwtgag~, or to fweclos~ h, w to roform tt, w to tnto~q paymenl of ~ny ciaims hereunder, ssid MORTGAGEE shall apply to the Court hsving jurisdiction ~hereof fa the ~ppointment of a Receive~, wth Court sh~ll fwthwith appoint a receiver of said mortyaged property all and singular, includ~ng all and singular ths incpns, profits, issws and revMUes from whatever source daiwed, each and everyr of which, it being expressly undcrstood, is hereby mor~gaged as if specific~lly ut forth ~nd dewibad in tFw ~aNiog u~d habandwn clavses hereof, and such Receiver shall have all ~he luoad and elfecrive funcr.ons a~d powers in anywite entrusted by a Court ro• Reteiwr, and tuch appointment ahall be made by such Cour~ ss an admitted equity ~nd a matter of absdute rght to said MORTGAGEE, snd without referenu to tlis adequsty ot in~deqwcy of the wtue of the p~oper~y mortgaged w to the wwenty o~ insofvency of said MORiCsAGOR p tM defendants, s~d that such rents, profitt, income, iuves and ~evenues shall be applied by svch Receiver accord:ny to the li~? or eq~ity of said MORTGAGEE a+xl tM praclita of wch CouA. ~ 8. To duly, promptly and fully perform, dixharge, execute, effect, complNe, comply with and ~bide by eacfi ~nd ~vety 1FK stipulatioos, preeme~Ts, condiYaro and covcnams in saed promiuory note arxi this mwtgage sst fwth. 9. That in the evenr the ownership of ~he mortgaged premius, w any pan thereof, becon?es wsted in a perwn otl~ than the MORTGAGOR, th~ MORTGACsEE, its auccessws and ~ssigns, may, witho~t no~ice to the MORTGAOR, deal with ivch successor or waeuor in iroerest with refaence to fhis mort9sge and the debt here~y tecvrtd in the same mar~ner u with Mortgagor without in any way vitiatinp a discMr9irg the Mort9ayws' liability hera undH w rpon the debt hereby secured. No sate of the premius hereby mortgaged and no fwbearance on tFw part of th~ MORTGAGEE a its waesson or au~gns and no extension of the time iw the payment of the debt hereby secured given by tM MORTCsAGEE or its successors ot assiyns, aF~all oper~b to release, d~scha~ge, modify change w affc~ct the orig~nal liab~l~ty of the MORTGAGOR herein, either in whole w in puL 10. It is specifically agreed thst time is of the essence of this contract and that no waiver of any obligaYqn herevodet w of ths obliyation se- tured hereby shall at any time thereafter be held to be a waiver of tFx terms hereof or 'of the instrument secwed herby. _ 11. In add~tion to tfic forego'ng monthly payments e( princ'pal a~d interest required by the promissory nofe setured hereby, mortgsgor covensnh ? and sgrecs to pay to mortgagee wi~h each monrhty payr„en~ an add~rional svm estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ~ ing: A-All real property taxes lev~ed or asses:ed againsf the above described real estate. B-Premiums on f'we and windstorm insurar.ce as herein requ~red to be carried on the improvements sitwte on fhe sbovs desvibed prtmises. C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fi1 to carrp on the loan secured hereby. Mo?tgagee shali from time to time noiify mortgagor in writing of the amount due and payabk hereureder and svch sum shall thereupon be due ~nd ' FayaWe on the due date ot the next monthly payment and each svccessive month thereafter ur.til mottgsgee shall notify mortgsgor of a thange in such = amoum. Such sums shall be applied by mortgagee toward the paymeM of real,.prope.ty taxes, insvrante premiums, and mwigage gwranty inwrance , premiums. . IN WITNESS WHEREOf, the sa~d MORTGAGOR has hereunto set his hand a~d scal tlx day a~year fint afores~id. ' ~ , i'` F Sgned, Seakd and delivered in the presence of: ~ ; , . ald L. Deter n ' i • i 4 ~ Vi oria M rman q K Victozia . eterman ~ STATE OF FLORIDA ~ St . Luc ie # ~ ` ~ couNn oF ; Before me personally sppeared Donald L. Detezman : ~ Victoria M_ Determan- A/~/A Vir_toria H_ Dpter~n his w;ie, ro ms weU known and known ro me w b. ~ } the individwts desuibed in and who executed tF?e foregoing instrwnent, and ackrawledyed befors me that they execvted the sartw for ths purposes I ~ therein .xa~d. a~d r~ ~~d Victoria M. Determan A/K/A Victoria H. Determan ~ W~re of r~ s,~a Donald L. Determan upon . separ.r. and privst~ examination by me taken separste and apaA from her said husband, acknowledged to and before me tfiat she exetvted ssid instrumeM kqly and volwr ~ tarily and withovf any comp~lsion, constraiN, apprehension or fear of or from her said husband. ~ WITNE55 my hand and official ual this j~~ day of AuguSt , A, p, lq 75 4 ~ Notsry Publit in and fw Stat~ of Florida ~t larpe ~?Y ~,~p„ ~o. 3 ~ a~,~.~ To: ~ Fint Federal Savings a loan Association ~ Of Fort P~erce. r~ 3 FILEO AM_ PEGOY fE~ ; Fo~t P~erce, Flor~da sj, l~?C~ f COUNT L ~ kOG~R ?asTRAOURT , , ~ c~~?K :cu~~ c ~ ~ :.y \ 3 ; q~~~}-^ yt.N f:EO v ,'s, . ~ ' l' . ~ ~ This Instrument Pre rQd B ~ ~-r' % Pa Y Donald E. Hugt~S ~9 3 Z~ QM 75 1~1 E,~ Ns ~ First Federal Savings & loan Association ~j L , . d : ; ~ , ~ ~ ~ of Fort Pierce , Florida 33450 ;ti a - ~ Checked By ~ a31a~Ua71 - ~ ~ + J ,'tj - ~ - ~ s~ Q . :•~C ~ 60R1( ~~J FdCE ~O . ; ~ ~ ' , ' v - ~ ~:~s'` ~ ti - ~c ~ ~ . ~ - t~~~:'==w