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Home My WebLink About0150 To piace and tor~tinuovsly keep on ~he b~i!d~gf now or hereafter ~~t~ata on said land a~d on all rquipmem and ptr~onally covered by this ma~g- ~ge, wilh #II ptemiums Ih~+eon pa J in fui . lue ~~~eurar.ce in the uwat t~a~idard po~ity form, in ~ wm apyxoved by IF~e MORIGAGEE, ~nd winditpm inw?~oca in tha uwal s~and,trd pol.<y form, i~ a sum ~ppro~ed by fhe MORIGAGEE, in such company or canpames cs ihe MORiGAGEE may direcl; ~nd alf lir• and w;nds~orm inturance po:kie~ on any o( said buiid~ngs. ~ny inte~es~ therem or part ~hrreof, in th~ ap~rey~~e sum alae~~~d a i~ eact» thereot, thall :ontain the usual standard morrgagae c~aufe o~ such uiM~ clauss as Ih~ Mortqsgee may requ~r~, ma?inp th~ io?i unde~ a~~d pol'r cies, each and every, payab:e to said MORIGAGEE a~ ~~s mtare~t may appear, aixl each and every such yoi~cy shall b~ promptty au.gned and de~~vered to ~ny held by aaed MORIGAGEE as funhar securuy to an~d n.or~9age deb~, •nd, oot iess ~han ~en (IOl days in advance of tAe expn~tion ol esch policy, to de- liver fo ~aid MORiGAGEE a renewal ~herrof, toyNhrr w~th a rcze~pt tor fhe premium of fuch renewa~; end ~bere shalf bs no 1ue or wind~torm insuNntt plsced on ~ny of sa~d b~~ldi„ge, any ~~iteres~ there~n or pa~~ Ihereof, untess in the form •nd wi~h the tois payabte as afwe~a~d; and in the weM any sum of money beco+ne~ payeble under such policy a poi~uef sa~d 6tORTGAGEE shall have ~he op~~on to receive and apply 1he ~an~e on accounl oi the indebied~ ness secured he~eby or to permit ~aid MORiGAGURS to ~eceive and use il o~ sny part tl:;reol Iqr atne~ purp~ses, w+tho~t the.eu~ wai~i•~q o~ unpair- ing a~y equ:ty, Gen w righ~ w~der or by virt~e ot th~i n:or•gage; and in the even~ sa~d MORTGAGORS ~hatl Iw any ~eason iail to keep the sa;d premiies so Insured, or iail to defiver promptly any oi said ~I:cies of insurance to said MORTGAGEE, or fad promptly to pay fully any premium Iherefw w in any re~pect fail la perform, discha~ge, eaecute, effett, completr, co:nply with and ~bida by Ihis covenant, or any part hereof, sa~d MGRTGAGEE may place ~nd pay fa such in~~rence or any part thereof w~~hout waiving w~sffeuing any oprioo, lien, e•~u~ty, or rlght unde~ a by v~rtue of th~~ Mortga9e, and the full amo~nt of eech and every such payment shall be immediately dve a~~d pa~able ~nd shall bear inlereat from tha date thereof until paid at the rat~ ot ~ine per cent~m per ann~m and togrther •n•ith such infrrrs~ shail be secured by the lien of this mwtgage. 4. To permil, commit or sufier no waatr, impairment or detrriorarion of said property w any part thereof. S. To pay sll a~d sing~+ar the cosro, charge~ +nd expenses, includi~g a reasonable at+o~ney'~ fee and costt of abstract~ of title, inturred o~ pa7d ~t eny time by sa~d MORiGAG:E, txcause w in the event of the failu+e on the parl of the aaid MORTGACaOR to duly, promptly and fvlly pe~fam, d~uharge, exccute, efieu, canpte~e, co~nply w~th and a6:da by each end every the ~tipu~at~ons, agreements, conditions, and covenants of sa~d p~ornissory note and thii mortgage any or ei~her, and sa~d catts, charges a~d expanses, cach and every, shall be immediately dur and payable; whether w not ~here be na~~te da " mand, attempt ro coliect or suit pend~ng; and the full a~noum of eath a~d every such payment shall bea~ interest from ~he data thereof until paid d ~he rate of nine per centum y.~r annu:n; and ali sa~d cos~s, charges and eaprnses ~ncuned w paid, together wuh iuch interest, shall be secured by the lien of thif mwty~ge. 6. That (a) in the event of any b~each of thii Mortgage w default on the part ot the MORTGAGOR, or {b) in the event any oi sa~d sums of money hcre+n referred to be no! prompfly and fully paid within th~rty iz~l days next afrer the same scve~elly bcco~~e due and payable, withoul demand or notite, or (c) in the evcnt each and every ~he stiputat~ons, agreements, conditions and covenants of sa~d p~omissory note snd this mwtg~e ~ny p eithe? are not ~uly, promptly and fu!ly performed, d:scM~ged, eaecuted, effectcd, tompleted, complled with and abided by, then in either or any tuch avent the is~d a¢ gregata sum mzntionet! in sa~d promissory note then rcmaining unpaid, urith inrere;t accrued, and al! moneys secured hereby, shall become due and pay- eble forlhw~~h, or thereaf~er, at the opt~on ot said MORTGAGEE, as fu!!y and comple!ely as ii all of the said sums of money were oreginatly st~pul~ted to be pa~d on such day, anything in s~.d prom~zsory note or in this Mortgage to Ihe conuary notw:thstand~ng; and thereupon or thereafter tl the optioo o~ said MORTGAGEE, w~ihout not~ce or demand, auit at law a in equity, thereEore w thereaf~er begun; may be prosecuted as if all moneys setured hereby had matured pnor lo ~ts institutian. ~ 7. That in the event that at tFe beginning of or at any time pend~ng any su~t upon thi~ Mortgage, w to faecloss it, w to reform it, w to enfores payment oS any cia~ms hereunder, said titORTGAGEE shaN apply to the Cour! having ~utisd~ctiort thereof lor the appointment of • Receiver, wch Cou~t shall Forthwith appo~M a~ece~ve~ of sa~d mortgayed poperty al! and singutar, includ:ng ail and singu~ar the incOme, p~ohts, iss~es and revenves from whete~er wurce derived, ea~h and every of whVCh, ~t being expressly undrrstood, is hereby mortgaged u if spec~fically xt forth and desuibed in tAe 9ranting and habendum clauses hereof, and such Receiver shail have all the b~oad and eff~ciive funct~o~s and powers in anywise entrufted by a Court to + Receiver, and such appointment shall be made by such Court ai an admitted equity ar.d a mat~er of absolute right to said MORTGAGfE, a~d without rcferente to the edequacy or inadeq~acy of the value of the p~oper~y ewrtgaged or to ehe so.vency o~ ~~so~vency ot said MOR:GAGOR p the defendants, and that such ~enrs, profits, ~rxome, issves and rever.ues shaii be aFp3~ed by suth Receiver accord~ng to the lien w equ~ty ol iaid MORTGAGEE and the practice of such CouA. 8. To duly, promptly and lully perform, d~scharge, execute, effect, compiete, comply with and abide by each and e~ery the stipulations, agroements, condit~ons and covenants ~n sa~d promissory note and this mortgage set foret.. 9. ihat in ~he event the ownersh~p of the morrgaged premises, o~ any part thereof, b<comes vested in a person other t!?an the MORTGAGOR, the MORTGAGEE, itt succrsso+a and ass~gns, may, wi~hout nor~ce to the MORTGAOR, deat with such successw or succeasor in interest wi~h reference to tbis mortgage and the debt hereby secured in the same manoer as w~th Mor~gagor w~thout in any way vitiating or discharging the Mortgagori ~iability hera ~r.der w upon the debt hereby sec~recl. No sale of the pren,ise: hereby mongaged and no forbearsnce on the part of the MORiGAGEE a its successws o~ asi~gns and no extens~on ot the time for the payment of the debt hereby aecured g~ven by the MORTGnGEE or its wttessots w assigna, shall operate to reiease, d~scharge, modify change or affect the wg~nal lia6~l,t~ of the MORTGAGOR Fierein, either in whole o~ ia par1. 10- H is spec~fically agreed tfiat time is oi the easence of this contract and thal no waiver of.~ny obligation hereunckr w oi the obligation se- c~red he+eby shali at any time tt~ertafter be heid to be a NdIVM of the terms hereof or of the instrument secured herby. 1!. In add~tion te the foregon9 month!y payments of princ"pa! and interest requ~red by the prom~ssory note secured hereby, mortgagor tovenants and agr::es to pa~ fo mo~tgagce with eath monthiy payn:ent an add~nonal sym esr~mared by mo~tgagee to be equal to 1/12 of the annual cost of the follow- ;ng: A-All real propcrty taxes le•.~ed or ass~ss~-d ags~•,st the aboae described real estate. B-Pr~+r.iums on iire end windsrorm insu~aece zs here~n mq~~red to be ca~ried on the improvements sitvate on the above desuibed premises. C-Prem~~;~~s on such mortg,ge gua•anty ~r.sura..ce as mo+rgagee shail from t~me to time deem fit to carry on tha loan secured hercby. Mo~tgagee sha!i ':om t~me !o t~me nonfy mortgagor in v..iting of the am~ount due and payable herevnder and tuch sum shall thereupon be due and payable on the due da+e of the .~ext monthly payment and each successive month thereafter ur.til mortgagee shalf notify mortgaqor of a change in s~ch amount. Such :_ms shail be applied by mertgag~r toward rhe payme~t of real propeny taxes, insurance prem~ums, and mortgage guaranty insurance p~emiums. ~ IN Y~ITNESS 'NHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and ycar first aforewid. ~ Signed, Sealed and delivered in the presence of: _i~~'~ fi~EO AH~ R~co~oEO .e.~-~- ~~.n ! st ~uciE couHtr F~~. Albert Ga er ; ~ 'i ; . ,c ~ , ~ ~ ~ ~ ROCEP ?OtTRAS ~+4 ! ~ CIERII Ci,iCWT COURT t- 7) /L aq I ~ G r. RECORO V_RtFiEO nn pt ~ C3asper ~s~+q ~ A~cC~f~_~ L~_:..C.. ~ ' ~ STATF'OF FLORIDA ~ IO ~Z ~M,'T5 ~ ~ ~OUNTY OF - St . ~~ie ~ ~ ~323f~90 ~ Before me penonally appeared Albert ~Sn@r and ~ Ann . Ga sper his wiie, to me well known and kno-nn to me to be 1ha individuals described in and who e~cecuted the fwe9oing instrumtnt, and ackna~rledged before me that they execWed the same ior tF?e purposes ~ therein expressed. Md the se~d__ Ann M, ~asper wife of the sa;a Alhert GaSp.eZ upon a sepsrats and priv~t~ ~ examination by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed said instrument trcely and volurr ~ ~anly and w~thouf any compuision, constraint, apprehensio~, or fear of w from her said husbartd. ~ ~ WITNESS my hand and oificial seal this__. °L day eIDbel q, p. ~q 75 ~ . ~.~~c~'/ / C ~ jr_L ~ ~%~'C~~~~L c,,( -!.~E~•t - _ ~ Notary Publ~c in and for the SutE, of Floridr at large ~ My Commission axpird: ~ - ; Ret~rn To: . i~,-%_/ ) ~ F~rst Federal Savings d. Loan Asseciaf:on , Y ~ ~ O( Fort P.erce t L Forr P+erce, Fler~cij ~ - ~ ~ ~ k.1 ~i ay sy, ~ This Instrurnent Prepared By J. 1(. Robezts, JT . n ~ First Federal Savings & Loan Association 7j,`~: ! A 'S. a • of Fort Pierce~ ~loiida j. . , _ ~ - . 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