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Home My WebLink About0745 _ 't ~ i • 3 To pl~c~ and cominuously keep a+ ~ha bui!d~ngs now or Mrea{te~ silwte o~ sa~d l~nd and on ~11 equipm~nt u~d pKw~sUy cov~r~d bY this ma1q~ ~ p~. wilh •II prtmium~ ~herea~ pa;d in fuli, f~re i~sur~nce in tM u~usl u~nda~d policy form, i~ • ~um ~pprov~d by IM MORiG/1GEE, u?d wu+ditorm ~ ie?~~xu~c~ ia tFw uswl ~~and~~d pol~cy fam, in • wm spp~oved by ~hs MORTGAGEE, i~ such company or compani~s ~s tM MORIGJ1GfE m+p d'v~ctj ~nd all fir~ ~nd w~nd~w.m insu~+nc~ po~K~es on +ny o! ss~d build~nps, any in~er~st ~hxein w pat th~~wf, in tM +~•epat~ sum afo~esaid a in ~xcets thereof, ~MII contain ~M uiual sundard marqe9ee ciiuss w iuch o~hK clause ai tM Ma~yagee may requ~r~, makirg tM loa unda u~d poli~ ca~, each ~nd ~very. p+Yabl~ to said AM)RTGAGEE as it~ interest may appesr. ~nd eacA u~d every such policy ~hall b~ promptly aK:s~?sd and d~liv~eed /o any heW by H~ MORIuAGfE as furthar seturiey ro said mort~aQ~ debt, a~d, not ies~ tMn ten (10) days in +dwnt~ of ths ~xpiratan of e~ch polity, to d~- lir~r to ~aid MORTGAGEE a ~enewat ehereof, toy~a~F+er with a rece~pt ~w tfie premivm oi such renew~l; and thtr~ tfiail b~ no f~r~ a winds?am inawana pl~c~d on ~ny oi ia~d b~ild~~gs, any interes~ therein or psrt ~t~ereof, untess tn the (orm and wi~h the loas payabl~ ~s sfwesaid; ~nd in th~ ev~nt ~ny ~um of mw~sy bscornss paysble under ~uch policy o~ polK~es aid AAORTGAGEE ehall h~ve the opt~on ro receive and ~pply Ihe sa+~» on +cco~nl o( tM i~bted nsu utur~d hereby w ro perm~t wid MORTGAGORS ro receiw ~nd us~ it w any part thereof fo~ othe~ purpoaea, without ~he~eb~ rralvi~q o~ anp+"a- ~ Inp any eq~~ty, lien w right under w by virtue of ihis mo:rysge; ~nd in ths eve~+t t~~d MORTGAGORS ~hall fw any r~aso~ fail to kKp tM uid pr~mises so ~ ins~red, w(ail ro deliver promptly any of ia~d polx~es oi insura~ce to said MORTGAGff, a iaif {xompfly 1o p+y fv~fy ~ny pr~mium tfie.efor q in u+y r respea fail to perfum, d~scharge, execute, effect, complere, canply with u~d abide by this covenant, w+ny p+rt hereof. s+ld MORTGAGEE ~nay pl~ct +nd p~y (w svch i~+wrance a+ny pa~t the.eof w~~hout waiving a aifectinp any option, lien, pv~*y, u riyht ~nda a by virtw of thit Matya~, ~r+d the fvll amoum oI each u+d eve?y sucA payment shall be ir~.?ediately due and psyable and sfiall be~r inte+e~t from tM dde thersof until peid a~ tM raq ol nin~ pe~ cenlum pe~ snnum and together wifh such inte~est shall be secured by 1he lien of lhis morfya9e. 1. To permit, commit w suffer no wa~te, impairment a deterioretion of sa;d property w a~y put the~eof. 5. 1o p~y a~l a~+d sir+yutu the coats, charqes snd expensrs, including • r~sionabls attorney's fN a~d costs oi ~bstracts of Btl~, Inc~rnd w p+id s~ t •ny time by said 1NORiGAGEE, becavse o~ in the cvent of the failure on the part of tM said MORTGACsOR to duly, promptly and fvlly prrfdm, discha~~, ~ eaecuts, effecr, comple~e, tomply w~~h and ab:de by each ar+d evcry ?he stipulat~o~s, a9reements, conditions, and oov~n+nn of aid promis~ory nots and this mortgays arnr o~ eithe~, and ssld cosrs, cMrges and expenses, each and eve~y. aMll bt immedislely due snd payabte; whether or not tMr~ b~ noHC~ ds mu+d, attempt to collect a suit pend~ng~ and the full amount of each end every such payrrxM ihall baa? intereft from tM d~t~ thereof until paid N the ratr of ni~e pet ceotum per a~+ium; and a!4 said cos~s, charges and expcnses irKVrred w p+id, together wnh s~ch int~r~st, shall b~ secured br th~ li~n of thq ~ ~w~.. . l e. That (s) in the event of any breach of this Mortgage o~ drfa~lt on the part of the MORTGAGQR, a(b) in the ~venf ~ny of s~id sum~ of monty ~ herein ~eterred to be not promptly snd fu4iy paid wifhin thlrty (30) days next after Ihe same aeverally become due ~nd paYsble. withoW demand w notics, (c) i~. ~hs eve*~! sact+ a:~ e+_rf ss~;,::ta:€~ss. agrae-tsent3, ce::s3~;:a~.~ a,wd covenants oi ~a~c's prom~sswy nore erd ~eus mwt9~e any a ~itl+a ~re no1 iuFy, promptly and fully perlwmed, d:xharged. executcd, effected. completcd. complied wi~h end ab~ded b1r, tMn in either a any such ~wM tM said a~ yregate sum mentioned in taid p~omisswy note then remaining u~pa~d, with interest accrued, and all mo~eys uc~~ed heteby, sfisN becorM du~ ~nd p~y- able for~hwith, a thereaiter, a~ the opr~on of said MORiGAGEF, as (ully and completely as il all of the said wms of money wera wg~Mlly stipulned to be pa~d on auch day, anythiog in ss~d pra-n~sxxy note or in this Matyaga to the ca+~rary notwitfis~anding; and thereupa+ or thereafte~ at the option of uid MORTGAGEE, witho~t notice or demand, wit at law w in equity, therefwe o~ thereafter begun may be prosecWed u if ~I) montyf secured hereby had matured pr~w to its insliT~i~on. ' J. That in tl~e svent thst at the begLnnSng ot a at any time pendi~g any tuil upw~ this Mwtgsge, w M forecloa~ it, or to r~forn~ it, o~ fo enforp paymeM of any claims IKre~nder, said MORTGAGEE shall apply to the Court having jurisdiction the~eol iot 1he appointmMt of a RKeiwr, wth Cwrt ihall fwthwith appoiM a receiver ol said mortgaged property aN and singular, includmg all and singul~r the intome~ protits, bW~s and nvtnws frpm whafwer source derived, eath and evcry of wh~ch, it be~ng expreasly undentood. is hereby mortgaged as if spetifitally set for~h ~nd dewibed in tM pamirg ~nd habendum clauxs hereoi, and such Rcceiver shalt have atI the Moad and effective funct~ons and powero in anywise entrusted by ~ Cou~t to ~ Receiver, and such appoint~ent shall be made by svch Court as an admitted equity and a R+aiter of absolute righ~ ro ssid NIORTGAGEE, snd without ?eferenp to the adequscy a inadequacy of the vatue of the property mortgaged or to the soive~+cy w insolvency of said NWRTGAGOR o~ the defendants, u?d ~hat such ren+s, proSits, income, iuues and revenues shall De applied by such Receiver according to the lien w equiry of said MORTGAGEE and the practice of such Court. . 8. To duty. Promptly apd fully perform, distha~ge, executc. tffeet, awnpkte, coroplr with •nd abide by each and every the atipulations, agrea+wer+ts. conditbns and covenants in sa~d prom~ssay note and thls mo~tgage set fwtA. 9. That ire the event the owncrsh7p of the mortgaged prem~ses, or any part th~rqof, becoma ws)ed in a perwn othsr than fhe MORTGAGOR, th~ MORTGAGEE, its successaa snd auigns, may, withovt notice to the MORTGAOR, deal w~~h tuch waessor ot svcceasor in interest with refe~ence to this mortgage and the debl he~eby sKVred io ths same menner sa with ~+b?tgayor withou? in any way viti~tirg or discM~ging the Mortysgors' li~bility hera under a upon ?he debt hereby sea,red. Nlo sale of the prem~ses hcreby mo~tgayed u+d no iorbearance on the part oi ths MORiGAGEE w its wcceaswi or au~g~s and no extension of the time for the payment of the debt hereby secured 9iven by the MORiGAGEE u its successors or ~uiyns, chall ope~aq to release, d~scharge, mod~fy change a affect the ori9inal liabil+tr of ehe MORTGAGOR herein. ~ither in whol~ a. in part. j 10. It is spec+fically agreed that time is of the esunce of ~his contract snd that no waiver of any obliyation hereunder w of the obliy~Yan tr cured hereby shsll at any tirm ihercafter be held to be a waiver of the terms hereo( or of the inslrumeM secured herby. ~ ; I l. In add~tion to the forego:ng monthly paymenrs of princ'pal and intetest requved by. the p?wn~sw?Y no?e secured hereby, morigsgor covenants { ar.d a ms Io to mort ee vci~h eacfi monthi a rnent an addiriona! sum estimated b mort ee to be ual to 1 12 of the annwl cost of the follow- 3 9 PaY 9a9 Y F Y Y 9s9 e9 ~ iny. A-All real p?eperty taxts !evied or assessed ayainst thc above desuibed real estate. ~ B-P~emiums on (ire and wir.dsrorm i~surance as herein ?equ:red to be carried on the ~mpro~eme~ts situate on 1he above desuibed premises. ~ J C-PreTiums oa :;;ch matg~e guaro+~iy ~nsu+a~~ec es inorigagee shaii from t:me to time de~m f~t fo carry on the loan tecured hereby. t'' Mortgagee sha~l from t~me to t~me notify mortgagor in wr~t~ng of the amoum due a~d payable hereunde? and svch wm shaN thereupon be due and ~7 Fayable on the due date of the next month'y payment and each successive month thereafte? urtil mwtgagee shall notify mortgsgor of a change in suth ~ amount. Such sums shatl be applied by mwsgagee toward the payment of real property taxes, i~surance prem~ums, and mortgage gwranty insursnte \ ~ premivms. ~ IN WITNESS WNfREOF, said MORTGAGOR has hereu~to xt his hand and seal the day and ytar 'rst foreseid. ~ Signed. Seal .and li ed in ~fie pryencq of: a ~~f' ~ ~l ~ 9 f/% ~t~1Y ~ lt ~3 , / ~ ~~}L t . . _~~S RO Si sd[lI1 ~ Rr' . ~pt ~ ~ L1~'t :,s~~ ~ ' q i ~i _ C ~ ~ ~ • ~ ! Fre da .Sl 1111 /S.s~ ! ~ - ~ T 34 g 5g ~'75 ; ~ STATE OF FlOR10A ~p i $L . j.YCl@ ~ , ~o~Nn ~ 3~.'79Z1 ~ Befote me personally sppeared Rodges Sitz~raan _ E Fzeda Slt2,a11f1 his wife, to me well known snd known to ms to b~ ; the individwls dexribed in and who executed the fwe9oing instrumcn4 end ecknowtedged before me ttmt ehey ~xewted the same fot 1M purposes ~ rn~.~~-~xa~,~d: a,d r~ said Freda Sitzoann ~ wife of the aa~d RodQpr ~1LZSaI1J1 _ vpon ~ sepante ~nd pr'rv~tt ! exarn"u+etion by me taken.separate and apart fiom F~er said husband, acknowledged to and befwe me that she executed said imtr~meM freelr u~d volurr ~ tarity and withoot any compuliwn, cons<<aint, appr hefs~ or fear of or from her ~aid husband. i WITNESS my hand and offitial seal thisr day, ~ t ~r A. D. 14 75 , , ~ ~ , Notary Public in fa ate of ida at larye ; - My Comm~uion expires: 7 ~ Retum To: Fint Fedeql Savings E loan Associat;on , Of Fmt P:erce. ' Fort P:erce, Floo;da ~ . , . 7 . . . I"~ ~ . ` ?his tnstrument Qrepared By John W. Collins : ` J ~ ~ . . - ~ First Federal Savings & Loan Association ~ ~ I of Fort Pierce ~ F lor ida t.' - - . . ' _ rSf ~ Checked ey BOOK 244 PACE 7~5 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~t a~rS ~ . ' ~ r _ , _ _ _ _ - - - .fiy-;~ _ ~ _ • . _ , _ . . . _