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Home My WebLink About0986 _ ? rn.r i"~r+' ~ ' . ~ 9. To pl~c~ ~nd contimrou~ly keep on the buitdinp~ now w hereafter ~i~wt~ on said land ~nd on ~II equipment and p~r~onally tova~d by this mott¢ ~p~, with all premivms thtrton pa~d in full, firo insur~nct ir. ::r ~~•~~sl s~anelud polity torm, in a aum apWOVed by 1h~ AAORfGAGEE, ~nd wind~lorm inwranc~ In fM uswl itand~rd pol~cy form, in a sum approved by ~M MORTGAGEE, In s~ch tompanY o~ tomWnia ~s tM MORIGAGEE may d'u~d; ~r+d all fir~ ~~d wi~ditorm i~iurance polKie~ on ~ny of ssid build~~+qa, u+y t~t~~e~~ ~herein or pan therwf, in tFw apgrep~te ~um afo~~said w M txc~a ~ne~eui, aMll conain ~F» usual standa~d ma~gape~ cla~a w such o~ha clauis as tM Mwt9~ge~ may rpu~r~, malirq tM Iw~ w+de~ usd poH- cip, Nch ~nd wery, p~Yable to uid MORTGAGEE ~s ~ts inte~eu may appe~r, ~nd e+ch and eve.y such poGq sMll be promptly gned +nd d~liwrsd to any hetd by said MORTGAGEE ~s (u~the~ sec.+ity to saFd mwt9sy~ dcb~, and, not less than ~en (10) d~ys in sdva~ct of the ~xpir~tion of e+ch poticy, to da liw~ ro wid MORTGAGEE a renewal ~he~eof, 1ope~her with a rete~pt fw ?he pr~mivm of suth renewal; and tht~s ~MII bt no f:re o. windstorm iniuranc~ plac~d oe ~ny o1 iaid buildirgs, s~y in~ereat th~rein a psrt ~hereof, ~nleu in ~he iam ~nd wi~h tFk !ou payable as alaesaidj and in IM eveM •ny sum of mon~y bccanes payable ~nder such policy w poGciei wid MORTGAGEE shall Mv~ ths op~~a+ to receive and apply the ssme on acco~m oi the ind~bted~ n~u secw~d he~eby o~ to permit said 1NORTGAGORS 1o receive and uf~ it a any pa~~ the~eo~ for otner pwpoars, w~~hout th~rcb~ waivi~+g or ~mpa~r- inp any eqviy, lie~ or ri9h1 under w by virtw of this mort9age; ~nd i~ tM ~vent sald MORTGAGORS slull for sny reason f~il ro keep tFN said p~erm~es so ; inw~~d, or f~il ro delive? pranptly anY ol uid polKies o( insuranct to s~id MORTGAGEE, a(sil pranptly to pay fu~ly any premium there+o~ o~ in a~y ~ r~ipect fail b periam, disc:arge, execute, eitad, compte+s, comply wirh and ~bid~ by this cove~ant, w any parl hereof, said MORTGAGEE may p~+c~ +~d paY fo~ suth i~~rancs or ~~y part tM~eof without wsiviny w a((atli~p ~oy option, 1'~en. equ~ly, w r~ght under a by virtw of this Nbrt9a~t. ~~d 1ht full amount of e~ch ~nd ~vNy such payment iiwll be im~ned~ately due and p~yabls and ahall beu interei~ from ~hs date thereot until pa~d ~t tF+~ ~at~ of nine per ce~tum per annum and to~Nhar w~ith such in~erest shal~ be sccured by tiN ~ia+ of this mortpaye. , ± 1. To permit, cornmit a s~ffer no waat~, impairment w deterior~tion of isid property w any p+?1 lhereof• ~ 5. iv ray ~11 ar?d ~ing~tar rhe co~~s, charges ~nd e~penses, i~cluding a reaso~+sbl~ sttwe?ey i(ee and costs of abstr~cts of title, incurred w p+id at eny time by said MOR~GAGEE, becauss or in the event of the fa~lure on tM pa~t of ~Ae said MORTGAGOR to duly, promptly and fuliy perform, diuharQ~, • executs. e}(ed. tomplet~. comply w~th ar+d ab:de by each srid evcry ~he itipulations. agreemen~s. conditions, and covenants oi said promi:wry note and thit mortgsye any w e~the?, arxi u~d coats, thsryes and eapenxs, each snd eve~y, thall be immedistely due and payabte; whether a nof there be ~+o~~ce de mu~d, attempt to collect or iuit pend~ng; u~d the full amounl of each •nd every such paymam shall bea~ iNerest (rom the date 1F+ereol until p~id at the rate o1 nine pe~ cenwm per an~~u:n; and all sa~d costs, chargea and expensea inc~rrta! or paid, logether w~th suth intereit, shalf M tetured by tht lien of thi~ matg~. b. That (a) in the event of any brcach of thii Mwtgape w defaul~ on the part of the MORTGAGOR, w(b) in ti» evenf any o( said wms of moMy herein r~ferrod to be not promptly and Ivlly paid wirhin th~rty (3p) days nex~ afrer the same severa!!y become due and payable, without demand a notice. or (c) in the event esch and cvery ihe saipula~ions, agreements, cond~r~ons and covenant~ o! sa:d promisso~y no~e ~nd th~s mortgage ~ny w e~ther are not ~uly, promptly and ivlty pe.formed, d:~charged, executsd, efiected, completed, compl~ed with and abided 5y, then i~ e~ther a any such event ~M a~d sg pregate wm menYaned in asid promiasory note the~ rem~ining unpaid, with iroeresl accrued, and aN moneys setured hereby, shall betome due ~nd pay- ebte (orthwith, or thereafrer, at the opr~o~ of sa~d MORTGAGEE, as futly and complete~y as if all oi the said s~ms of money were uginaiiy snpulated to be pa~d on such day, any~hing in sa:d p.om~sso?y note or in th~s Mwtgage to Ihe contr.ry rto~avi~hstand~rg; a~d thereupon w thereafte~ ai tAe opt~on of ssid MORiGAGEE, withouf notice or dcmand, suit at law w in equity, 1Fxrefwe or ~herealter brgun, may be prosecuted a~ if sll moneys secured F~ereby had maW~ed pr~or 1o ds instituuon. 7. iMt in tl+e event that a1 tFe btginning of or at ~ny time pendiny any s~it upon this Matgage, a to fweclou it, w to reform it, or to enforte paymeM of any claims he.eunder, s~id MORTGAG6F shall apply to the Coun Mving juriad~u~on thereof tor the appo~ntment of a Rece~vN, tuch Court shall iw~hwith appoiM a receiver oi taid mortgaged property all end singular, intlud~rg a~l and singular thy income, pral~ts, issues and revenues irom whataver sovrce der7ved, each and every of whKh, ~t be~ng expressly unde~srood, is hereby mongaged as i1 speul~cally set forth and described in the yrantinq and habendum clauses Aereof, and such Receiver sha~l have all the b~wd and effecreve (unu~ons and powers in anyw~se ent~usted by • Courl to a Receiver, ano tuch appointment shalf be made by fuch Court as an admitred equity snd a matrer of abso:ute r~gh~ to said MORTGAGEE, and without reference to tha adequacy w inadequacy of the value o( the prope~ty mortgsged o~ to the soivency or ~nsolvency ol sa~d MORTGAGOR a the defendants, and that such rems, profits, incpne, issves and revenves shall be appiied by such Receiver accord~ng to the tien w equiry of said MORTGAGEE and the prattice of such Court. H. To duly, prompHy and fully perfwm, discharge, execu~e, ef(ect, complete, compty vv:th and abide by each and every fhe stipviat~oni, agreements, conditions and covenanta m sa~d promissory note and this mwtgage set forlh. ~ 9. That in ~he evem the ownership of the rnortgaged prem~ses, o. any part thereof, becomes vested in a perwn other than the MORTGAGOR, the ' MORTGAGEE, iq succeisws artd ~sslgns, may, wishoo~ nat~ce to the MORTGAOR, deal «~th such succesaor w successor in imeresl wifh reference to thia mortgage ~nd the debt hereby secured in the same manner as w~:h Mo.tgagor without in any way vitiating W dixha~g~~g the Nbttyagors' liability htre- under w upon the debt hereby secured. No sale of fhe Frem~se~ hereby mor~gaged and no fwbearance on the parl of the MORTGAGEE a its successors or assigns and no extensiw? of rt?e time for Ihe paymem ot the debt hereby secured give~ by the MORTGAGfE o~ i~s successas a ess~gm, shall operate to release, d~xhar9e, mod~fy change w affect ~he orig~nal t~au~l~~~r o( the MORTGAGOR here~n, either in whok or in part. 10. It is spec~fically agreed that t~me is of the esse~ce of ~h~s contract and that no wa~ver of any obltgat~o~. hereundcr or of the obligatan sr cured hereby sh~li at any time thereafser be held to be a waiver of the terms Aereof or of tix i~strument secured herby. 11. In add:tion to Ihe lorego:ng .nonthly payments of pr~nc'pel and interest required by the promissory r?o!e secu.ed hereby, mo~tgagor covenants and agrees to pay ro m.ortgagee with each momhly payrnent an add~uonal sum eulmated by mwtgagee to be eqoal to 1 ~ 12 of the annval cost of the foAow- ing: ~ A-A~I reel property taxrs !e~~ed w auessed agii~s~ tF:c abovr desai.~,ed real estate. B-Prem~um~ on Fire and w~nduo+m imuracce as here~n requ.~ed to be ca.ried en ~he improvements s~tuate on the above described premises. ~ C-Prem;~ma on such mortgage gua+anty ir.i~rance as mo•tgagee shall iram rme to time deem fit to cs~ry on the loan secured hereby. Mortgagee shall (iom timc to time not~fy mortgagor ~o wr;t~ng of the amount due and payable hereunder and such sum shaN thereupon be due snd payable on ttro due date of the next monthly payment and rach successive month thereafter ur.til mwtgs9ee shall notify mortgagor of a change in-such amount. Such sums sha:~ be applied by morrgagee roward the payment of rea: property taxes, i~surarue prem:ums, and mo~tgage guaranty inwrance K I prcmiums. . IN WtTNESS WHERE , Ihe s' MORTGAGOR has hereunto set his ha~d and seal the da nd ye+r firs efwesaid. an de ~ ed in p~eunce of: r fllEd A110 RECOR~ Z .n ~ ST.L~~ER ~ Sa ~ s~aq ~ •R~~~an vER1"~~ aser - ~ 4 SiATE OF flORIOA . 9 56 ~ St. Lucie ~ courm oF _ l Befc:e me persortslly appeartd ~ 1 Y P Va se r Idolidia Nase~ his wife, to me well known and known to me to be the individuals described i~ aod who executed tFie fwe9ang irotrumeM, end ackrwwkdged before me that they executed the ssrr~ for the purpose~ rn~?~~n ex~.e~xd. a.?a ~ha :aid Idelidia Naser wi{e of the said H 1~ Q Ya ser upon e sepsnte and priv~t~ examin~Ywn by me taken uparate and epart from htr said husband, ~tkrawledged to and befpe me that she cxecuted said instrument freely and volun- tarily snd without ~~y compulsion, co~straint, apprehe , or (ear of w from her said husband. . WITNESS my hand and olficia~ ual this ~ day of ~ Dece~ z O~ 19 7f' . . , . . ~ ~ ~ otary Public in and iw T flgi~a at~l'ar~4~~~~t: ~ My Commission expires: - - r ; ' ~ ! Refum To: : ~ ! ' - ~ Fi-sf Federal Savings 3 Loan Assotiat~on ; y v''v ~ 'v. ~ ` Of Fort P:erce. ' ~ i: d'6.1 - j Fort Pierce, Florida Q~11 ,i~ •11 •C . ~ ~/f~,~':~i~~il~{{\:~~~ . ~ This Instrument Prepared By ~+a 1 Rohe r t s~ .1 r. , , ~ First Federal Savings b Loan Association . f. - of Fort Pierce. %'lori~ja • , , ~ ~ ~ J ' . . . ` J'. 1 ~ f Checked By ' f p ~ ~ 6~GK~V1 rASE 90~ ~ ~