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Home My WebLink About0292 3. To plac~ ~nd conti~uouily ke~p on tM buitdinpi r?ow w hereal~K ~~tuu~ on ~a~d land ai+d on ~II equipm~nt u+d pNwMtly covK~d by tAi~ nwrt~ p~, with ail prsmi~m~ thCreon pa~d in fvll, fite in~ur~nc~ in th~ uiw) st~ndard policy form, i~ • ~vm approv~d by th~ MORTGAGEE. and windstonn ~ ir?iwanc~ tn ~h~ uiwl ssandard po6cy fam, in a wm app~ov~d by tM MORTGAGEE, in s~rch comp~ny o~ oomp~ei~a ai ~h~ MORTGAGEE m~y d'u~t4 ~nd all (k~ and winds~orm inwranc~ poliues on ~?y oi s~id bu~Idi110t~. My ~IIt~fNt II1Mf11M Of piff fMI~Of, In IM pprp~t~ wm ~fonsaid or in uccess thereof, ahatl ca+~ain tM uswl ~tandard mor~pap~ claus~ o~ auch oth~t c1+vs~ ~s tM MortpapN may rpu'u~. ma~L~p tM Iwa w~da s~~d po1F cl~s, ~ach and ~v~ry. paYabl~ to a~d MORTGAGEE a its int~rest maY ~r. and e~cA and ~wry fuch pol~cy ~hall b~ promptlr aaqn~d and d~livKed ~o ~ny Mld by iaid MORfGAGEE ~s fur~Mr security to ~sid mor~qsy~ deb~, ~nd, na I+~a than t~n (10) days in adva~c~ oi ~h~ ~xpk~~ion of fK11 POIiCy, ro d? IivN b zaid NIORiGAGEE a ni?ewal Ih~r~of, fo~tMr wirh a raceipt iw th~ Rr~miwn of wch rtn~wal= and tMr~ ~h~ll b~ no f'a~ or windstorm inw~ancs plaad on ~y of said bufldinys, any i~tere~l thar~in or part ~Mnof, unles~ In tFw fwm and with tl+~ loss payabl~ as afornaid~ uid in tM ~vMt ~m wm of mon~y b~come~ payable u~de~ ~uch polky w polkies sa;d MORTGAGEE ~hall Mw th~ optcon to r~ivs and ~pply ths sarrw on ~ccouN of ths Mdeb~s~ n~ss t~cwtd Fweby a b pe~mit said MORTGAGORS lo reteiw ~nd vw it or ~ny pa~t thereof Iw other purposet. without thereb/ waiviny w ~n?pair• inp any pu~ty, lien or ri~h~ unde~ w by viNw of ~hii mortqa~~; snd in th~ ~veht said MORTGAGORS shall (w any rufon f~il 1o kHp th~ s~id pr~mises ~o Inswed, w f~il b deliver pranptly any oi uid policies of iniur~nc~ to s~id MORTGAGEE, w fail promptly to pay fulty ~~y prtmium thtrefor a in any t.t~ r~sp~ct fail b pNfor~, dixhsrgs, execur~, effatt, con+pkr~, comply ~.dt?, and abid~ by this mv~~?ant, w~~y par~ hKwf, iaid MORTGAGEE may plac~ ~nd _ paY iw ~uch inwranc~ w ~ny put tM~cof witAouf waivinp o~ affactinp any option. li~n. pvity, or ri~ht unda w by virtw of this Mwtp~. u~d the ~ full amo~nt o( sach and ~v~ry iuch p~yment thall be immediately dw and py~bb ~nd sMll bear int~rei~ from IFw dat~ therwf uetil paid ~t tM ra» 01 nirw psi centum per ~nrwm and togetF?er with iuth interost shall be secured by fiw lien o1 this mort~sps. 1. io p~rmit, commit or suffer no waste, Impa'ument o~ deterioration of said prop~rry w ~ny put thtreof. S. io pay all ~nd sinyulu th~ costs, charpe~ and exp~nses, includirp a reaso~abla attw~y i fe~ snd cost~ of abtr~cts of titb, incun~d w paid at sny time by iaid MpRTGAGFE, btca~se or in the ~wnt o! ~M failw~ on ~h~ part o( IM t~id MORTGAGOR b duly, promplly and f~lly p~rfarny discFwQ~ execu~e. ~ffed, comple~~, comply w~th and ab~d~ by eacfi and every the stipulations, ~pretmenh„ condi~io% ~nd oovtnanri of uid promitwry ~oN ~nd thb nartpape any w either. ~r+d sa~d costs, charya ~nd ~:penses, each and wKy, sMll b~ tmm~diat~ly dw ~nd p~y~bl~t wlxther w not tAK~ b~ notia ds m~+d, attempt ro co11M w wit pend~n~j ~nd the full amount of each ~nd ev~ry svch paymeM sMll bc~. inter~it frwn the dH~ fFx~eof umil p~id at fhe rate of n;ne per ccntum per annum; and all said coan, chatges and oxp~nses incurr~d pr p+id, togethar with suth'int~rqt, sMll b~ Mtut~d by t1» li~n of fhil 'nortQ+~- 6. That (a~ in ths ~venf of any breach of thii Mortgaye w default on tM psrt ot the MORTGAGOR, or (b) i~ the eveM ~ny of qid ~ums of money herein refe~red to be not p~omptly and fully paid within thirty (30) days neat ~fter the sam~ seve~ally become dw ~nd payabl~. w(thout demand pr notite. w(~ in tM ev~nt each and ~very the itipuiations, sgrecmenri. condit;ona and cov~na~ts of sa~d promiuory not~ ~nd th~s mortpa~ u~y p~i1hq ~n nd ~v1Y. promptly and fully performed, d~xhuyed. execu~ed. ~tfected, compl~ted, compt~ed with ~nd ~bided by, th~e~ in atha a ~ny tuch wem tM s~id a¢ pregat~ wm meMioned in ssid promissoty note then remaininy unpaid, with interest xuued. and all moneys setur~d heteby. sMll baconK dw sr~d p~y~ •bl~ fwthwith, p ~F~tNflK~ a~ th~ option of said MQRTGAGEE, u tully ~nd compktely as il ell of the ~aid wms of monty were ppinally stip~l:ted to be paid on ~uth day, aoything in sa+d promisswy note w in this Mor19~Qe ro the conrrary notwithstanding; ~~d thereuppn pr thet~afier a1 rM oplion of said MORTGAGEE, without norite or demaod, suit at law a in puity, there(w~ w tFKreafter begun, may bt prosetWed u if ~II moneys Ncvnd hereby had matured pno~ ro ib institutiw~ ' 7. Thst in the eve.:t thaf at the beginnirg of or at sny tims pending ~ny wit vpon this Mortyape, or sa fweclo~ It, or to nfwm N, w to e~forp ti;~+ti^+ ~E ~y t~+~+++ ~+..cw+der, said MORTGAGEE shall apply to the Court having jurisdictiq: thareo} fw tM appointm~nt of a Rtceiver, svch CouA shall Fwlhwith sppoiM a reteiver of said mortgaged property alI and aingular, inciud~ng all and singulsr the intane, pro(its, issue~ and r~venu~s fran wFutwN wurce derived, each ~nd every of which, ir beiny expressty unders~ood, is hereby mor~gaged u if specifically set for~h u~d dsscribed. in tlw yraminp and habendum dsuses hereof, and such Receiver shall Mve sll ~he brwd and effect.ve fur?ct~ons and powers in ~nywise •ntrusted by ~ Cowt fo a Receivtr. •nd such sppointment shall be made by such Court ~s ~n ~dmitted equity and a matter of absolute right to said MORTGAGEE. ~d without r~ference fo tM adequacy o? inadequacy of the value of the properiy mongsged or to the soivency w insolvency of taid MORiGAGOR a the defendants, and tMt wc!? rents, profin, income, iuves and revenues shall be applicd by such Receiver sccord~ng to the lien or equity ot said MORTGAGEE snd tht practic~ Qf s~ch Court. 8. To duly, promptly and fully perform, dlschnrge, execute, effect, complete, comply with~and abid~ by wch u~d ~vay the atipvlation~„ ~rsements, condiYans and corenants in wid promnsory note ar~d this mortgage ut fo.~h. , 9. That in the eveM the ownenhip of the mortgaged premises, a any part thereof, becomies vesfed 'u+ • ptrwn other fhsn fh~ MORTGAGOR, 1M MORTGAGEE, iK successors and assiyns, may, wi~hout no~ics to the MORTGAOR, desl w;th such succeswr or succe~sa in interest with re(e~ence to thq ma?gaye and the debt hereby secured in the ssme manner as with Mwtflsyor without in ~ny way viti~tinp or discharpi~g fhe Mortpa9ots' li~bility herr undcr w ~po~ the ~ebt hereby secu.ed. No sale of the premisea hereby mortgaged and no fpbearente on t?w part of the MORTGAGEE w its tuctessws or +uigns and no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE w iri wccessors or assiyns, ~MII operats ro release, d~sthargc, modify change or attect the wig~nal liability o} tM MORTGAGOR haein, ather in whole or in part. 10. It is spec~fically agreed that time it of the eaxnce of thi~ contrad and that no waivet of any oblipstion hsreunde~ w p( th~ pbliyation se- cured hereby shall at ~ny time thereafter be held to be a waiver of the terms F~creoi or oi the instrument secwed herby. 11. In add;tion to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgsgot cpvenany and agrees to pay to mortgagee w;th exh monthly paymen~ sn addirional sum estimated by mwtgagee ro be equsl to 1/12 of the a~rwal cost of the follow- ing: , A-AU real property Hxes Ieiied w as:essed against the above described real estate. B-Premiums o~ (ire and windstofm ~nsurance as herein requ~red to be carried on the improvements situate oa tbe above destribed premises. ' - C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall from t~me to fime deem fif to c~try on fhe loan setured hereby. Mortgsgee shall from time to time notify mortgegor in writirg of the amount due and pay~We hereunder and such wm shall thereupon be dve and payable on the due date of the rr_xt monthty payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of s change in such amount. Such sums shail be a by mortgagee to-,ivard the payment of real property taxes, iniurance prem:ums, and morfgage guaranfy insur~nce I I' premiums. IN WITNE55 YVH OF said ORTGAGOR has hereunto xt his hand and sesl the day and year fi es~id. Signed. Sealed Iiv in presence of: / . ~ ' aQ ~ Witr~ess P~v,.v 6~AC~ANCJ rac Coimb a i ~ ` witnes~' • r~ ~AQ~GS ~/,.~~qVA Nari Yolanda Coiobra F • 40 • ~ i ~ STATE OF • Cil~ OZ SGO PC ~ Sa ~ C~nsulate GenE:c: oi :4' i i ss. ~ couNrr oF' i ~ j Befoie ms-personally sppeated oracio • S. Co im bra and ~ Ma,=ld Yolanda Coimbra his wife, to me well krw~wn and knawn to me to b~ ~ rhe individwts dewibed in and who executed the fore9oiny instturr~wks, ~nd ~ckrww{edped btfae me that they exeMed the ssrtw iw tM purpose~ ~ rh~.~~~ ~x~~,~d. i?~,a rn~ .~~a Mar ia Yolanda Ca~,iMbY~` ,f tn~ .~~d Horacio S Coimb a'. ~ . ~ ~ ~ ~~t~ ~ ~ examination by me taken separate and apan from her', ~~sb~r~ fe u~d beforo m~ t ~she exec~ted said irutrument frs~ly ~nd volw~- ~arily and without a~y compuis'an, tonstraint, appre ofi N+d husband. ; ~ 4~ 9~t ~ ' • WITNESS my hand and officiel seal thia l~~i" ~ d~ of•:. A. D. 19 76 ; ' ~ ist ~ ' . ~ v ~ ~r : - r~ . , , : A: dRoh n ; J~ ~ : ; c:- " ' = ~ ~~!!Y' ; Retum To: • , ! . ri -s fint federal Savir?g~ a loan Associatlon ;•.]laerican COA8111 j Of Fon Pterce. <~J , • Fort P~erca F~wida ` 3 • ~ ' • • ~ f~ ~ lE0 AND kECORDEO ,~'Y~ ' ` ~ % ~ - ST. WCtE COl1NTY ~ . . ROCER POITRA$ lA. ~ CLERR C~RCUIT COURT ~ This Instrument Prepared By John W. Collins RECORp YEFiIF1ED ~ ~ First Federal Savings 8~ loan Association ~ 18 2 s9 PN ~?S F of Fort Pierce , Rlor ida 3 Checked By j`~.,. D : ~ - : ~ 254 PA~ 2~ ~s~oo . ~ . ~ . ~ - , . t ~ ~~=~~~-x _ x~ ~ .__e, _ ~ , - - ~ -r_ ~ - -