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Home My WebLink About0761 ~ ~ 3. To plac~ a~d tontinuouily kcep on ~I+e buildingt now o~ he~ea(tN utva~~ on ia+d land ~nd on all equipment and pawnally cov~red by thi~ ma~p~ with ~II p~emiums tnereon pa~d in tull, fire insurance in ~hs utual ~?andsrd polity fwm, in a tum ~ppror~d by the MORTGAGEE, and windttam imw~~ce in ~M vswl ir~nda~d pol~cy fam, in • sum app?oved by tM MORTGAGEE, in wch company a compa~i~ N tM 1NORTGAGEE may dfrKtj u~d all IG~ and wends~wm inwrante policios on any of said buiW~nps, ~ny tnt~rql Ihtr~in o~ p~n tM~~o(, in IM ap~rpar~ wm afortaaid w ` M~xcesi tMreof, sMll contain tM us~al ~andud mortya~e clauH w such olhsr clavw as tM Mo+fpaq~ m~y ~equu~. makinp ~h~ lou undN u~d po1M ; ciq. each ~nd ~vKY.. paYabl~ ro said MORTGAGEE ~s its inle~qt may appear, u~d e+ch u+d ~very t~ch poliq shall b~ promptly ass:yn~d and d~liv~r~d ~o . ~ny held by uid MORTGAGEE as (ur~her seturity to uid matyape dcbt, and, not ku than ~M l10) days i~ advance of tM •xplration of exh poliq, to d~ IivN to ~aid MORTGAGEE a rtnewal thereof, lo9ether with a receipt fa tM p~tmium of wch renewal; and thtr~ ~hall b~ no fir~ w winditwm intw+nt~ placed o~ any of taid b~ildin9s, ~ny interett tM~e~n o? part tha:eof, unleu 1~ the form and with tM lou payabl~ u~forssaidt ~~d 1~ tM ev~nt any sum ~ of money becanes payabt~ unda iuch policy or polKies aaid MORTGAGEE ihall Mw tM option to recaive and apply tM sam~ on account of the ind~bted~ ness secured tweby o~ lo permit said MORTGAGORS to receiw ~nd vu it w any pu1 thereof iw other pur~,oses, without tharcb~ waivi~ip o~ ~mpair• inp any equ~ty, lisn or right ur+der or by virtus of this mortya~e; and in ~M ~vent said MORTGAGORS sMll (o~ ~ny reawn f~il to keep the s~k! pr~eniies w ~ in~ured, a fail ro detiver promptly ~ny of said policies of insursnce to said MORTGAGEE, a f~il promptly to pay fully ~ay premium therefor a in any i' ~ rs~pect fail ro periam, d7uharge, execute, effect, comptets, tomply with and ~bid~ by this cove~ant, a~ny part hNeof, said MORTGAGEE rray plan and paY fd tuch insurance w any part thereof without w~iviep w affecting a~+y option. Ilen. eqvity, or riphl unda a by vi~tw o( this Mw1psQ~. ~~+d tht ~ full anwunt of exh ~nd ewry soch paymero shall be immediaLel~_~ aad payable ar.d shall besr interest from tl» dat~ thereof until paid ~t tM ~+q ol , ~ nins per cenrum pK annum ~nd togeth~~ with sutA interest shall be secured by tM lien Of this mortysp~. 1. To permit, cwnmit or suffer no waste, impsirment or deteriwa~an of said properry q any part tlxreof. S. To pay sll ~nd sinpular tM costs, char9es and expenses, includ~rg a reawnabk sttwney i fee and wsn of abitracy af tiUe, incuned w paid N eny time by said MORTGAGEE, becavse a in the tvent of the ~+iluro on ths part of ~he sa~d MORTGAGOR to duly, promptly ~nd fvlly perform, diul+~ry~, sxecvt~. et(ect, complete. comply with and ab~d~ by each and every the ~tipulations. syreements, condi~ions, ar+d covena~n o! said promissory ~ots and ~~ia mort9aye any or either, and sa;d costs, charges and expen~es, each and every. tMll b~ immediatety dve ~nd payable: wheth~r p not ther~ bs notice de ma~d, ~ttempt ro m~kct w wN pend~ngj a+d the full amovnt of each u~d we~y ~uch payment shall bear ior~rest from tlw date th~reof vntil p~id N the rate of ninc per cantum per u?~~um; and all said cost~, charges snd eapenxs inturred or paid, togethe~ witA such intKat, ahall b~ s~cwed by ths Iwn of this marty~y~. 6. Tfist (a) in the eveot of any breach of this Mwtgage or defauft o~ the pa.t of the MORTGAGOR, a(b) in tM ~vent ~ny of said svms of mon~y herein refsrred ro be not promptly and fully paid within thirty (30) days ~exl after ths same aevaally becoms due ~nd payabl~, withovt d~mand or rairce, w W in the event each arx! eve.y ~he stipulations, agreem~nts, conditiona u+d covenana of sa~d p.omisswy nott and th3s mortp~~ any o? ~ithK ~re no1 iuly. promptly a~d iully pe~(ormed. d~scharged, execured. effected, compteted, complisd with ~nd abided by, then in ~ithsr o~ a~y ~uch ~wnt tl» said a~ preyate wm memioned in said promissory note then remaininp unpaid, with intere~t accrued, and alf moneya aat~red hereby, sMll bec~ome dw and p~p able forthwith, or thereafter, at the option of sa~d MORTGAGEE, as futly and compleiely as i( ~II of the said wms of mon~y were origin~lly stipulated to be pa~d on such day, any~hing in sa:d prom~sso.y ~ote or in th~s Mwtgage to the contra.y r+orwHhstand~ng; and ~hereupon o~ thereaiter at tM optan of seid MORTGAGEE, without ~ot~ce a demand, suit at law w in equity, therefore a thereaher begun, may be prwecuted p if all morays s~cured hereby had matured pnw to its institWion. 7. That in the event ~hat at the begin~~ng oi w at any time pending aoy suit upon this Mortgsge, or to fweclose il, a to raforen it, q fo tnfwq f i payment of sny tlaims hereunder, said MORTGAGEE shall apply to the Courf h~vin~ jur~sd~c~an thereof tor the ep;ai~tment of • RKeiver, suth Court sh~ll ' (orthwith appo~M a receiver of said mortga~ed property all and singula~, includ~ny all and si~gvlu the i~+come, profits, iuues uid ~even~es from whatever wurce derived, each end every of wh~ch, it being expressly unders~ood, is F+ereby matgaged at if speuficalfy set iath and dewibed in ths prantii+g and = habendum ctauses hereof, and such Receive~ shalt have all ~he broad and effective funct~on~ and powers in anywise entrusted by • Cou?t to a Receiver, and ~ •uch appointment shall be made by s~ch Cou~t as a~ ad~nitted equity and a ma~te~ of absolute right to said MORi('sHGEE, ~nd without referente to ihs edequacy o? Inadeq~acy of the value of the property mortgaged w to the sotvency or insolvency of ssid AhORTGAGOR a the defe~dants, and that such ~ents, profib, income, issues and revenues sha~l be spplied by wch Receiver accwd~ng to tM+e lien or equity of said MORTCsAGEE ~nd the practite of tuch Lovrt. 8. To duly, promptly and fulty periorm, d~scharge,-execute, effcct, mmplete, comply with and ab~de by e~ch ~nd ewry ihe stipulations, sgreements, conditions and covenants ~n sa~d promissory note and thw mortgage set fwth. 9. Thst in the evem the ownership of the mortgaged premises, w any part thereof, becomes vestsd in a perwn other thsn fha MORTGAGOR, ths MORTGAGEE, ib successws and assigns, may, without notice to the MORTGAOR, deal wilh auch successor w wtceasor en ioterost with referente to this i mo~tgaye u+d the debt hereby secured in the same manner as with M.ortgagor witho~t in any way vitiatirg w discharging the Mort9agors' liability hera ~ unde~ or upon the debt hereby xcured. No sale of the premises hereby mortgaged and no fwbearance on the pan of tM MORTGAGEE or ib suueswn ~ or augns atid no extension of the time for the payrnent of the debt hereby secured given by 1he MORTGAGEE o~ ib suttesto?s w aasiy% ahall oper+q } ~o reieese, dncbarge, modify change a atfect the wiginal Iisb~Gty of the MORiGAGOR fierein, ehhe? io whole or in part'. 10. H is spec~fically agreed thaf time is of the essence of this contract and that no waiver of any obligation hereu~r w of tM obliy~tae ~e- ~ cured hereby ahall et a+~y ~ime thereafter be held to ba a waivvr of the •terrw hereof w of the instrwnenf racured herby. 11. In add~tion fo the for o: momht a ments of ~nc" al snd interest r uired b the ~ e9 ~'J Y P Y P? P ~q Y P~~~ry ~Ie secwed hereby, mortgagw covenants and ag~ees to pay to mortgagee wi:h each m~~h!y payrrtent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the ann~al cost of the follow- ~ ' ng: A-A!I real p?operty taaes levied w assesscd against thc above described ~eal estate. - B-Premivrtn on fire and windsto: m inwrance as herein reqv~red to be carried on fhe improvtrnents situate on the above described premises. C-Premiums on such mortgsge guaranty insurar~ce as mortgage9 shal! f~om. time to time deem fit to prry on the foan secwed hereby. • AM1wtgagee shall from time to t+me ndify mortgagw in writing of the amouM due and p~y~ble he+eunde~ ~nd s~ch sum shall ther~upon be due and payable on the due date of the next monthly paymenl and each successive rtw~th thercafter until mortgsgee shall notify mortgagor of a chinpe in uxh amounl. $uch sums shall be applied by mortgagee toward the paymsnt of real property tsxes, insurance prem:ums, and mortgage ywranty insurante premiuma. ' IN WITNESS WNEREOf, the sa3d MORTGAGOR has hereunto set his ha~d and seal the day and year ' t af id Signed. Sealed and delivered in the presence of: • -~L`/~// 1 ~ friSD sKo N~c~1t~ES r, - ' si I.~ipC ~~fJN Y ftA,. M~ el a tas i p ~4~E9 FviT~f ~ CI.[s~+c ts~GU~t tAsutl ~ n ~ ~r~r~g y~?:-s~p~~. hristine . Nastasi ~.,q ~ . STATE OF FIORIDA ~ ~S ~ ~ ,j~ ~K~ $L. LuCie ~ `o~"n aF 326249 Befwe me penonally appeared Miehael Nastasi ~ ~ Christine .J. Nastasi h~~ W~r~, to me well known and known to me to b~ the individuab desuibed in snd who executed the foregang instrument, and acknowledged before me that they executed the sams for the purposes @ therein expressed. And the :a~a_~hristine .J. Nastasi 4 ~ wsr~ of th~ ~~d Michael Nastasi ; upon • separ•tt ~nd privar~ ~ examination by me taken separate and apart from her said husband, acknowledged to and before me that she executed ssid instrument freeiy snd volurr rarily and w;thout any compulsan, constraint, appnhensyion, or iesr of w fram her said husband. ~ ~ WITNESS my hsnd and official seal this ~=7~~- day of lAUii! A, p, 19 76 ~ ~ .C~-Crc-~. - .rJ ' Notsry Public in end fw t Sfate o brids N L~ry~ My Commiuan expires: l 9 ~ Return To: fl First Federal Savings b Loan Association ; Of iort P~erce. NJTAkY PijBUC STATE O~ fLCRiDA Ai IFP.iE ~ Fort Pier:e, florida ? MYCOAllMISSiG'J E~r ID.iS 7c:. 29 i479 ~ ~iJ':DI~ IilC17 .,~':i7 ! :G c~ :e~ ~ / ~ ~.f ~ •k '..•~:Q~~. `G.::~ ~ This Instrument Prepared By John W. Collins rf~,?'~~'• -..t : . ~ ~ First Federa) Savings 8 Loan Assbciation = - : Q,, ~ , : , : : - ~ of Fort Pierce , Flot ida . : . /'j~ ' : r ~ - ~ Checked B e~U~ PACE ~l' • = ~ v~ i ~ ~ . ; ~ ~ y ~ • . - . , t=.,s±~'~.. ~ ~~';q~~:t ?t'~'4,i,~~`'~',~ ~ . ~ ~ . . , r ~ . . ~ ~ ~ t !~`u.~ .a-..e... ..5.~' _ .rF..,F~.~"~FSi~ ~_z