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Home My WebLink About0979 To plsu and conr~nuously keep on the bu1'd~r~g~ now on c~rcalrer ~~t~ete an sa~d ~~nd ind on ali equ~pmenr and per~on~tly coverad by ~hi~ mort~ p~, w+th all prtlm~vm~ thrreon pa~d in fvii, i~re i~~svrance fn ~ha ~wal s~e~~da~d poi~cy iorm, in • sum eHpro+rd by tia MORiGAGEE, •nd windstorm ' inswanc~ in tM usw) i~~ndard ,~ot•cy Fo~m, in • sum ~pproved by ~h~ MORTGAGEE, i~ iuch company or compan~e~ a~ 1h~ MORiGAGEE may dir~ctj and all fir• and winds~orm inw~snce poGc~es on ~ny of ieid build~nfls, any iroe.est rherein or part rherwf, in tM aflgrega~e wm aforeiaid w In ~acaa theroof, •Mtl tontain the usual ~tanda~d monyayee clauie w wch o~her clause e• tM Mortpayee may reguut, ma?inp the to~s u~de~ ~a~d po1E ci~s, each and wery, payab:• to sa~d A10RTGAGEE as ~t~ inie~es~ may appea~, •nd eech and every wch pot~cy shail be promp~ly atis y~ed a~~d d~livered ?o any held by sa~d MOR~GAGEE as funher security to aa~d mongage drbt, and, not less tMn t~n (f0) d~ys in advanc~ of ~he lxpiration ol e~ch policy, to dr ~ liwr lo taid MORTGAGEE a ren~wal th~r~of, to~aher with a receipt iw the pr~mium o( tuch ranerval; and thsre fhall bt no f~re or windsto~m in~uranc~ • pl~csd on ~ey of s~id buildingi, •ny irtteresl tlur~in or part the~eof, unles• in ~he form ~nd wilh the iou p~yable as afwe~~id; snd i~ Iht •wnt any sum Of money becomd payable vnder s~ch pulity a policros ssiJ MORTGAGEE shaU hav~ ~he opt~on to recrive snd apply ~he~sa~ra on account o( tha ind~bted~ ness secured h~reby w ro permit s~id MORiGAGQRS ro receive a:~d us~ i~ o? sny p~rt ~hereol for wn~r pwpoies, WIlF10JT ~hv~cur wa'rw~~~g or ~mpair- Ing any eqv~ty, lisn w rght undrr or by virtw of this mo:tgage; and in the eve~~ sa;d MORTGAGORS :hall for any reawn 6ail to keep ~he uid pr~mi~rf so inw?ed, or bil to dslive~ praTptly any ol said policies of insuroncs to se:d MORTGAGEE, o~ fa~t prompdy lo pay futly any pie~nium therefor a in any - nspect fail b p~rFwm, d~scharqe, •xecu~~, etf~ct, con~plate, comply wi~h and ~b~de by thi~ covenan~, or ~ny part hereof, sa~d MORiGAGEE m~y pl~ce and • pay fw tuch insu~ancs or •ny part tF:~rcof without waiviny w affec~iny sny opnon, li~n, equ~ty, or rgnf uodar w by virtw of lhis Mortfla9~, •nd Iht full amoum of each ~nd •very wch paymem shall be immedi~tely dw end peysbte •nd shall bear interes~ from ~h~ dat~ Ihereof ~n~il pald a~ th~ rate ol nine p~r c~ntum per artnum artd togrther wi~h tuch interest shali ue ~ecured by tM 6en of ~h7~ mat~age. To pe~mit, conunit or suffer no wasie, impairmenl w deterioration of said property o~ any part thereof. 5. To pay all aod ~Inyutar ?he co~t~, char~a ~nJ e:penses, includbig a reasonsble attorney's (ee and costs of ab~traUS ol I~tle, irtcuned or paid at e~y time by uid MORTGAGEE, because a in the eveM of the faiiwe on ~he parr of the said MORTGAGOR to duty, pramptly and fvlly perform, d~stha~9~, exccute, eifect, comptete, comply with and ab;de by each and every the st~puls~~ons, sgrerr.ents, cond~t~oni, snd cov~nanes of ia~d prom~uory not~ ~nd this mwtya~e a~ryr w either, and wid cosb, charqes end expe~es, cach and every, shall be immedletety due and payabte; whether w not ~here be notice ds~ ma~d, attempl to toftect pr suit pondingJ and the tull amount of each end e~ery such payment shell bear interest from the date thereof until paid ~t the rate o! ~ine per centum pr.r an~i~rn; and a~l aaid costs, charyes and cxpenses int~rred or paid, togethtr w~th suih interest, shall bs tacured by the lien oi thil mat9a9e- b. TMf (s) in the ever» of any breach of fhii Mortgaoe or default on tfie part of fhe MORTG!~GOR, or (b) in ths eveM ~ny of sa~d svms of monsy herein re(~vred to bs not prompNy and fully paid within Ih~rty (30) days ncx~ af~cr she secne severatiy become due •nd payabte, without .iemand a erotice, ar (c) in the evem each and every the sfipulations, agreements, concl~iio~s a~d covcnams o! ia:d promiswry notq and th:i mwtpa9a any a eithe~ a~e nol iuly, prompNy and fully performed, d.xhar9ed, executed, e!(ected, comp~ered, compGed with and abfded by, then in ei~her w any such evt~t Ihe se~d a¢ gregats wm memioned in said promiasory note lhen remaini~g un;~aid, with imerest accrurd, and all moneys tetured hereby, shall betortee dw and pay- eble fwthwith, a thereafter, at ~F+e opfion oi said MORTGAGEE, as tully and comple~ely as if ali of the wid sums of money were originally ~t~pulated to be pa~d on such ~ay, any~hi~ in sa~d promdsory rate w in this Mo~tgage to the comrary no+wirhstandfng; and th~veupon or thereafte~ at the opf~on of ~aid MORTGAGEE, without netice w demand, suit at law or•in equity, therefwe or thereaher begun, may be proseculed as if ~It mooey~ ~ecured h~reby had m~tured ~x~or to its inatitution. 7. That in the event Ihar at the beginnirg of w a+ any time pendir.g any suit upo~ this Mongsge, a to foreclose it, or fp ?eform it, a to enforp payrrKnf o( •ny claims hereunder, said MORTGAGEE ~hal{ apply tu the CouA hav~ng ~unsd~c~io~ thereo( for 1he appo6ntment of s Receivet, such Co+irt shall Forthwith sppoint a receiver of said mortgaged propa:ty all and iingular, ;nclud.ng ail a~~d i~~gu~ar ~he incom~, profits, issues artd revsnves from what~ver . ~ou.ce drrived, erch snd every of wh~ch, it being expressly underatood, is hereby mortgagrd as if speuf~cally set fMth and described in tha prantiny and habendum tlavees hereof, and such Receiver sMll have al! the broad and effec~~ve funct.ons artd powers in enyw~se enlrusted by a Court to a Reteivsr, and •uch eppointment shell be made by s~c!~ Court a~ an admitted cquity and a m.atter o( absolute ri~ht to said MORTGAGEE, and withovl reference to the edrqvacy or inadequacy of t):e value of the property morigaged or io the socve~cy or inso~~enty of sa~d MOkiGAGOR w the defendants, and that such rents, profits, income, isaues and revenues shall be applied by svch Receiver accordmg to the lien or equ~ty of said b~ORTGAGEE and the practice of such Court. 8. Ta duly, promptly and fu~ly pt~form, discharpe, exewts, effett, complete, comply with and abide by each er~d every the stiputatioru, agreements, conditions and covenanrs in said promissory rwte and this mwtgaQe ut forth. 9. Tfiat in the event the ownenhip of the mortgaged premiaes, or any part thersof, becomes ~ested in a person othe? than t1x ApORTGAGOR, th~ htQRTGAGEE, its successon and assigns, may, withoul notice to the MORTGAOR, deal with such s~ccessa or tuccessor in interest with refere~ce to this mortgage •nd the d~bt hereDy secured in tha same' manr~ec aa with AAartgagor without in eey way vit:ating or d~uharying rhe Mortyagors' (iability herc under w upon the deht hereby secured. ko sale of thr premises hereby :norrgaged and no forbearance on the par~ of ~he MORTGAGEE or its successors or assgns and no eatension of the time fw thr payment of the deb~ hereby secvred g~ven by the MORTGAGEE or its futcessors w assigns, ~hall operat~ to reiease, discharge, modify change w affect the origi~al liab:iity of the MGRTGA(',pR herein, eilher in whole w in part. 10. h is spetifjcally a9eeed that lime is of tM essence of tbis contrad and tha? no wsiver of any ob1?getion hereunde? w of the obflgation se- cured Fxreby s.ha11 st sny time thereafter b~ held to be s waivcr oE tha terms hereof or of ike instrw.~e~t ~ecwed herby. • 11. In add:tion to the forego:ng monthly payments ot prmc pal and interesl requlred by thc promissory note secured hereby, morigagor tovsn~nb and agrKS to pay to mo:tgagee w~th each monthiy payrnent.an addr.ona) sum cs::mated b•/ mo~tgagee to be rq~al to 1/ 12 of the annual cost of ihe follow- ing: ~ . A-All r~a~ praperty taxes levied or assessecf against /he above desc~i?~ed real esrate• B-Fremivms on fire and wirKistorm inswance sa herein requ~red fo be u~ried tn the imp~ovements sitwte on the above dascribed premises. ' C-Premiums on such mortgaye guaranty inEvr~r.ce ss- mortgAgae sbail from t:me to time deem fit to urry on the loan xcured hercby. IViortgagee shall from t~me to t;me notify mortgagor in writ~ng of the amount dve and payabte hereunder and s~ch sum shalf tF~ezeupon be due snd Fayable on the d;ie date of the next monthty payment and eath successive month thereaftsr ur.til mwtgagee shall notify mortgagor of a thange in such am~nt. Such sums shail be app;ied by mortgagee toward the payment of real propeny taxes, insurance prem:ums, artd morigage gvaranty insurance premiums. ' IN WITNESS WHEREOF, the s~id MORTGAGOR hes hereunto set his hand and seal the day e year fint aforesaid. 'r ~ Siyned, Sealed and delivped i~ the presence of: r~ ~ , n j ~ ~f{,~~.fy` r:.4 i~i~ ~~rf:~let~¦~~ S t . g .V~ J.Yy..~ VLWa~Y~La ~ , . R~~-. ~~,rnA3 •n ~ < f - C:£~~ '-G1f17 CO,~~ ` acr~,c^ •.C.. t~_D~...~~ y 1 aq ~ - ~ - r STATE OF FLORIDA + ! ~ ~MMt t~ ~I 29 AN 1b ` ~3Q~3~ i COUNTY OF St . L~; e F ~ s~to.e ~ personally appeared Josenh G. Naael ~ Marv B. Na9e1 nn w7fe, to me well k~own and knawn to me fo b~ ~ the individuals daxribed in and who executed the fae9ang instrument, ~nd acknowledged before me that they executed the same for tht pwposes ~ therein exp~essed. And the said I"Ial~( B Naq~tl s ~ wife of tht sa~d Joseph G. Nagel „ i ete and pon sep~r QrivaN i exsmination by me taken uparate and apart from her uid husband, ~tknowledged to a:sd before me thai she executed said instrument freely and volvn- ~ terily and without any compulsion, constraint, apprehe~nsion, or f~ar of or from her :aid husband. 5 WITNESS my hand and offiual acal thi.__~C~•~-fc.t~ _ dey of A D. 19 76 , ~ 2 i i _ Notary Publ' a w the State of fbrida ~t lar~e j Return To: My Commiss~ expires: J First Federal Savings d. Loan Association Notary PVb~t. Sb» !f ~w a t°~ ~ ~ O( Fort P:erce My ~l~M ~ ni 1l71 Fo~t P~erce. FlorfJa ~~r~ M a~~ ~ i ~ ~ ~ . ; ; . - . ` . This Instrument Prepared By Robett A. Swisher, Jr. ~-L - First Federal Savings b Loan Association - 2 of Fort Pierce~ Rlorida ~ " : - - ; r G 3 r•°°'; j~ r Checked By ~ r~~ ~''~c~ ~ L~ ` ~ ~.tiiJ PA6~ (t,~ ~ ~ 4 ' ~ . ~'••......••'~.s~:-; ~ 'S ~ ~ r ~ , I~~~~~){11N S ~ sh ~ . ~ _ - - - - - - - _ - ~ ~ f ~ ~ _ _ _ ,