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Home My WebLink About0737 To plsc~ ~nd continuou~ly k~~p on fh~ bui:d~n9s oow a 1+~~eaftK ~itwq or ~~id Iand and on ~U equipmrnt ~ad p~rso~alty co~aed by this mwrp- e9~, with ~11 premivmf ~hercor? pa~d in full, lirt in~ur~nc~ in tM ~sud •tandud pol~cy 1o~m, In • ium app~ovKl by ~M MOR1GAt,EE, •nd w~~ds~wm ~nsu~~ne~ i~ 1M uiual ~eandard po~~ey 1am, in • ~vm app~ov~d by ~I+~ N~C~RiGAGEE, in ~uch eomp~~y w eomP+~+es ~s ~M N10RTGAGEE m~y dinst~ ~nd all fi?e ~~d wind~~o~m inwranc~ policiet on anY o( ~+~d build~rg~, any in1~rN1 tMrein w par~ thr~eof, in fM ~g9rrge~a •um ~Iw~said or In ~xtess thereof, ~MII cw+tain tM utuaf standard mort9p~~ clws~ p such otF+~~ claus~ ~s th~ Mortya9e~ m~y requ~r~. ma?ing ~M los~ vnJer sa~d po1F ~ cie~. each and ev~ry. paYabk ro s~id MORiGAGEE at its inN~e~t may ~pp~a. ~nd e+ch ai+d ~v~ry tuch pol~cy shall I~s p~omplly stti 9~xd a~x! del~vered to ~ sny Mld by s~id MORiGAGEE as turtMr security to uid mortpay~ d~b1, and, not I~si 1F?~n 1~n (10) d~ys in ~dv+nc~ of the ~xpir~t~on of each pol~cy, to d~- Gver to ~aid MORTGAGEE a renewal therwf, fope~Mr whh a ~ec~ipt tw the pr~mium of wch renewsl; a~x) there sMll b~ no f~re o~ wiiide~wm i~su~anc• - plecsd on ~~r of sa~d buildi~,gs, any inle~e~/ IMr~in or put tMreol, vnleu in tM form and with tM loss payable as atoreu~d; snd in the eYent •ny sum of mon~y becom~i payable w+de~ such policy w policiei said MORTGAGEE ~hall Mw ~I» optan ro recaive and apply tha same on accoun~ of the indeb~ed~ ne~~ ~ecur~d Mr~by or lo permit ~aid A1lORTGAGORS 1o rKeivs and us~ il a any pa~l thereof for ornc~ purp~oses, v.~~ho~t fh_.~b~ wa~~i~~g o~ ~mpa~. ;ny ~ny p~~ry, li~n w riyht u~der or by virtus of this morsy~p~t w+d in 1M ~wnt u:d MORTGAGORS t!?all fp any reawn fait to keep the s+cd premisa.so ~nsured, a fail b de~iver pranptly any of said polKies of insuranc~ to said MORTGAGEE, or fail promptly lo pay iully any pr~m~~m thercfw or in a~y respect fail to pafwm, d~uharge, executs, etfecl, comptete, comp~y with ~nd abid~ by th7s covenan~, a eny part hereof, said MORTGAGEE may place and _ pay fw such inwrance w any part Iherwf wifhoul waivinq a dfectinp ~ny optior+, li~n, pu~ty, w riph? under w b~ vir?ut of ~hi~ Matgag~, ~nd the f~ll smount of e+ch and ewry ~uch payment sMll be immediatdy dw and p~yabl~ and iMll bea~ interes~ from tFa date thereo( uniil pa~d at tM ro~~ ot nine per tentum per annum and toilelher with suth interest shall be secured by tM li~n of Ihis mat9~ye. 1. To ptrmit, cw~unit or suf(N no waite, fmpa'ument or deterior~tion of ~aid prop~rty or ~nY P+r1 ?hereof. S. To pay all ~~d tin9utu tAe coats, charg~s and ~xpenses. incl~dirp a reasonabl~ ~no~ner's fee +nd co~ts of sbstracts of t~tte, incurred w pa~d at any time by iaid MORTGAGfE, betaus~ oa ie? the event o( tM failu~e on tht part of IFN said MORTGAGOR lo duly, promptly and fully perform, d~xharge. execute, eifect, complere, complY w~th ~nd ab:de by ~ach ~nd every tM stip~litions, aqreemenb, conditions. +nd ww^ants of s~~d p~om~ssory note and this mo~~gaga any a eirhe~, and sa:d costs, cM~yes and expenses, each and every, sMll b~ immed~~tely due and payab:e; whe~her w noe there be no+ice da ma~d, attempt to collect w suit pend~n~; a~d tM full amount of each and wery such payment ihatl bear interes~ from the dste thereof umil pa~d at ~he r~te of nine per centum per annum; and all taid costs, chargea and expenses irKUrred or paid, together w~th suth interesl, thsll be iecured by tAe lien of th~~ mottg~e. 6. That (a) in the event of sny lxeach of this Monyape or dafsult on th~ p~rt of ths MORTGAGOR, a(b) in the event ~ny of iacd iums of money herein refe~red to b~ not promptly and fully paid within thirty (30) deys nea~ after tF~e same uverally beconx due and payable, wi~hout demand or notice, or (c? in the event each and every the slipulations, agreaments, conditans +~d covenann of sa~d prwniswry note and th~s morlgage any w e~ther are not ~vty. Promptly ~nd fully perfwmed. d:scharged, e~ecutcd, e(fected. comp{eted, complied wi~h snd ab~ded by. then in efther w a~y such event Iht sa~d ag gregate wm mentioned in sa~d promisw~y note then remaioinp u~paid. with iMe~~a~ acuued, u+d all moneys secured he~sby. shatl become dut and pay- eble fwthwith, or thereaiter, s1 the option of said MORTGAGEE, as tully and completely as if all of ~he wid sums of money were o+ginaily st~pulated ro be paid on such day, anything in sa:d promissory note w in this Matg~ge to the cororary ootwi~hstanding; and thereupon w thereefte~ at the opt,on of sa~d MORTGAGEE, w~thout not~ce or demand, suit s1 law w in equity, therefwe or thercafter bcgun, may be p~osecuted as if all mo~eys secured hereby nad matured pnw to iti inst~tu~ion. 7. lhat in the event ~hat at the beginning oi or at any time pending any wit upon this Nbrtyaga, w to foretlose it, o? lo refam it, or to enforce payment of sny claims hercunder, said MORTGAGEE shsll spply to the Court hsvirg jurisdiction thereo! {w the appointment of a Receiver, wch Court shail forthwith appoint a receiver of said mortgaged properly all and singula~, includ~ng all and iin9vlar the income, profits, issues and revenues from whatevcr wurce derived, exh and every of wh~ch, it beinp expreuly understood, is hereby mortgaged as if tpeufically se1 farth and dcau~bed in the yranting a~d habendum clavscs hereof, end such Receiver shall Mve all the broad and effettive funcf~ons a~d powers in anywise entrwted by a Cou~t to a Receiver, and wch appoiroment shall be made by such Co~rt as ao admitted equi~y aod s ma~le~ oi sbsolute ri~At to said MORTGAGEE, snd withoul reference to the adequaq w inadeqvacy of, the va~ue oi the properfy mortyaped w to the wtverxy or insolvency of said MORTGAGOR a the defenda~~s, and that ~uch renrs, profin, income, iuues snd reve~ues thalt be applied by such Receiver accordinp to the lien w eqvity of said MORTGAGEE and the practice of such Courf. ~ 8. To dvly, promptly and f~lly perform, discMrge, execute, effect, complete, cort+ply with snd abide by each and every the ttipuiations, agreements, cordrtions and covenann ~n sa~d promiasory note end this mwtgsge set forth. 9. That in the event Ihe ownership of the mo?tgaged premises, a any part ihereof, becomes vested in a person other than the NIORTGAGOR, the h10RTGAGEE, its svccessws and ass~9ns, may, withou~ notice to the MORTGAOR, deal with such successw w successor in interest w~rh re}erence to this n:orrgage and the debt hereby secured in the same mar.ner ss with Mortgagw without in any way vitiating w d~xharging the Mortgagors' liability F?ur under o? upon the debl tiereby secured_ No tale of the premises hereby morfgsged and no fwbearante on Ihe past of the IAORTGAGEE .w its successors or ass~gns and no eatens~on of ~Fe time (or the payment of the debl hereby secured yiven by the MORTGAGEE or i~s successors or au~gns, ai~all operote ro re!eax, discharge, modify change w affect the orig~nal liability of the MORTGAGOR F?erein, either in whole a in part. 10. It is speclfically agreed that time is of the essence of this contrad and thst no waiver of any obfigatan herevnder or of the obligaYan ie- cvred hereby shall at any time thereafter be held to be e wairer of th~ terma t.ereof or of the instrumtnt secured herby. I 1. In add~tio~ to the forego:ng monthly payments of prirtt pal and interest required by the prom~tsory nore sccured he+eb~, mortgagor covenants and agrees to pay te mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 oi the annual cost uf the follow- • ~ ~ng: A-All real property taxes levied or assessed against the above described real eatate. B-Premwms on~ fi.e and windstorm insura~ce as he~ein requ~red to be carried o~ the improveme~?s situate on the above d-scribed premises. C-Prem~ums on such mortgage guaranty insurar~ce as mortgagee shai) frorrs time to time deem fit to carry on the loan securcd hereby. Mortgsgee sha{I from time to t~me not7fy mwtgagw i~ writing of the amount due and payable hereunder and such sum shall the~eupon be due and c3yable on the due data of the next monthly payme~t and each successive moroh thereafter ur,til mortgagee shall notify mortgagor of a change in such ~ a~-~ounl. Such sums shall be applied by morlgagee toward 1he payment of real property taxes, insurance prem:ums, and mortgage gua~anty insurance ~•emiums. f ; ~ IN WITNESS WHERE the said MORTGAGOR has hercunto set his hand and seal the day and first aforesaid. ~ Siyned, 1 and ivered i e p?tsenoe of: ~ f~~~p ANO itECOROED aq ~ _ S1.lUC1E COUNTY FLA. aq ROCER ?OItRAS ~ - r• c.^K C~"CUIT COUPT • Seal) ~ - - - . : tEQ ~ 9 Z (Seal) s:AIE Of FIORIDA ~~y ~8 9 3a pN'1~ - COUNTY OF Sti. Lucie ~ eefo~e me perwnaliy appeared Larry G. TetzlofP a~ HA~ 1~~.~ TAt21Af~ his wife, to me well known and known to me to be the individuats dew+bed in and who executed the forepoirg instr~rnent, and acknowfedged befwe me that they executed the same fw the purposes therein expressed. And fhe taid ~0110 A~ TetZl~ff _ N:fe of the wid Larr~ G. Tetzloff upon a separate and p~ivate e.am;nation by me take~ sepaiate and apart from her said husband, adcnowledged to and befwe me that ahe executed said instr~ment freely and votun- ~a~~ly and without any computsan, constraint, appreMrnion, w feu of w from her ~sid husband. WITNE55 my hand and official seal thi~ ,~L ~ day of Mg A. D. 19 ?7 ' ~ Nota Public in r+d the State of florida at lar ?Y 8e ~ • My Commissioe~ expires: ~e~~ry ~b~r4 S~ ~ Florido ot torg~ : ~z" Retum To: a First Federal Savings 3 loan Associstion ~ y{y Cu~^r;,;:cn {~~+res July '!T, 1!'17 ~ Of Fort P~erce. dpndad by Au.Er._:r.i f:rc a. Coivoltr Co. ~ . ~ Fort Pierce, Florida , . ` , ~ ~ 5 ~ This Instrument Prepared By Robert J. Evans, Jr. ' ~ ~ F~rst Federal Savings & loan Assoc+ation ~ ' ~ ~ ` : = r ~ I~ ~ of Fort Pierce • ~ ~v' v _ ~ . ~ C; ..t . Fort Pierce, Florida 33450 = ~J ' } ~ - %>i2 ~ ~ ~he:ked By ~ ~ir , r. J ~ Q Q t~ ~i~~`,,. • ~ . % , 80DK ~rw f~IGf 1 JU . ~ . ~ ,