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Home My WebLink About0794 To pl~c~ •nd cor~~inuously keap on ~h~ bui!dingi now w hereaftp ~itu~ts or sa~d taod a~d on ai~ rquip~+~cro and personally co+e~ed by ~his mo~~9• ps, with ~11 p~emiums lhercon paid in full, fir~ in3urantt in ~he u~wl •u~derd po~~cy form, in a sum approvad by N~e MUR~GAC,tE. and wi~ds~wm insuru~c~ in ~Iw usv~l iunda~d pol~cy fam, in a sum ~pprovad by ~he MOR1CsAGEE, 1n tuch canpany or canpan~es +s tM MORfGAGEE may ddrMp ~nd all (ir~ and windalwm imuranct policies ot? •ny of ~ud kx,~id~~+gf. ~ny interasl tFx~ein or pu? thercof, in ~F» ag9~epat~ wm aforeaid o~ In ~:t~ss ths~tof, ihalt coMain 1Fw uswl slandard mwt9s9N cl~ufe a~uch o~ha clwis af the Mor~gagee may requin, ma?ing ~he ~ose under ta~d poli- . ciN, ~sch ~od ~wry, payabl~ Io s~id MORTGAGEE ai ~t~ iMere~1 m~y ~ppea~, aaJ each ~nd wery such poi~cy ahall b~ prompUy ass gned and det~verod eo +ny held by uid MORiGAGEE ~s funhe~ security ~o ~aid mor~y~p~ debt and, no1 I~s~ 1Mn 1en (10) days in advance of the exp~rat~on of each polity, ?o de- liv~r to aid MORTGAGEE a reciewal therwf, ~opether with s race~pt (a the p?emium ol such renewal; and ~here shalt be no f~re or w~~ds~o~~n ins~ronce plac~d on ~ny of ss~d build~nps, ~ny inlersff IF~er~in ot pul Ihsreof, un!ess in th~ form and with tM ~oss payab~e as aforesaid; and in the event any sum of money becomes payable ur+der such policy or policies iaid MORTGAGEE shall have tM opt~on ~o rece~ve and apply the same on accuu~.~ ol the indrCied• neu s~evr~d h~reby w to ptrm7t s~~d MORTGAGORS to ~eteive and u~e i1 w any poe~ the:cof tor otn..r pur, os~•s. .•.;~no~t ~hz~~ui w~~:~.,;~ c~ ~~„p.,ir- iry any puity, IiM w right unds~ w by virtw of thit nw:tya9t; ~nd in tM ~vem said MORTGAGORS sAal1 for any ~esson fail to keep the sa~d premifef so insured, w fsi) W de~~ver promptly ~ny of sa~d polKief of i~~urante to said MORTGAGEE, w fa~1 promp~ly to pay ~utly any pre~~~~~~h therefor o~ in a~y respecl fail to perfwnn, dixhuge, exetut~, effecl, complets, comply with ~nd abide by ~his cove~.?nt, a any p.+r~ hercof, se d MURTGAGEE may p~ate e~~o pay fw suth insurancs w~ny part tMreof without waiviry w af(ectinp any option, lien, eqv~ty, or ngh~ undor a by virtue oF this Mwtgay4, and tht full ~mount ol e~ch and ev~ryr such payment shsll be immediately dus and payable and shall be+r imerest fiom ~Fa date the~eof until paid a~ the raea ot - n~ne per centum pe~ annum and togethe+ w~th ~uch lntereu ihali be securcd by ~he lien of th~~ mwtfl+9e• J. To pamit, commil w suff~r no wut~. imp~irment w deteriwatan of iaid property or any part tF~ereo(. S. To pay all +nd unpu~a? tM costs, charges ~nd expenses. ir+dudin9 a reasa+abk at~orney i fee and costs of abstrsds o( t~rle, incu~~ed o~ paid af eny time by said MORTGAG:E, b~c~u» a in tF+e ~vsnt of ~F~e (ailur~ on the par~ of ~he sa~d IWORTGAGOR to duly, prompely ~nd futly pertorm, d~ut~arge ?xccute, ~tfett, complet~, comply w~tA and ab~de by ~xh ~nd every the it~pulatrons, agreen?enn, cor.ditions. •nd covcnants of sa~d pian+swry note and ~his mxrgape any a e~~he~, end sa~d cost~, chu9es •nd expenses, esch and every, sMll be immed~a~ely d~e a~+d D~Yab~e; v~rherher or not the~e be not~ce dr maryo, iiilmpi t6 cis~~eEi t7i wit ~flNliy; ir~ ti-.e s cE cr.h e^d L~'Qty 4i:~! Fl3yment .halt baa. interest from ~he date thereot uniil pa~d at tt.e ~ate of nine per tsntum pei ~nnum; aod all taid costs, charges and eapensQt intu~red d paid, ~ogether ~vuh such inttreat, shall be setured by the lien of th~s morty~yt. Q That (a) in the event of +ny beach of this Matgage or defaull on the part of the MORTGAGOR, or !b) in the event any of sa d sums of money hrrein te~erred to be not promptly and fully paid within thirty (30) days nex~ after the same sevcra::y betome due and payable, wiiho~t demand or noticc. or tc) in the eveM each and every ~he stipulations, agreement~, conditions and covenann o4 sa:d prom~sw~y nme and th~s mo~~gage any or either are not iu!y, promptly and fully perfwmed, d:uMigcd, exscuted, effected, compktcd, compl~ed.with and ab~ded by, ~he~ in e~thcr w+ny svch event ths sa~d ag gregate sum menfioned in said promissory note theo remaininq unpaid, witfi imcrest accrued. and atl monevs secured hereby. ~hall bccome d~e a~d p+Y- eb'e fwthwith, or thereafter, st the option of said MORTGAGEE, as fully ~nd compfetely as i( all of the said svms of money were or~g~naily st~pulatrd to be paid on such day, anythiny in sa~d promissory note or in this Mortgage to the co~trary nor~virh~tanding; and thereupon w~hereafter a~ the opt~on o( , sald MORTGAGEE, w~thout notice or demand, suit al law a in equity, thereFore or thereaher begun, may be prosewted as if aIl moneys :ecured hcreby had matured pnor ~o us institutron. 7. That in the event that at the beginn+ng of or at any time pending ~ny suit upon this Mortgage, o~ to fpeclou it, or to reform it, or to enferce payment of any tlaims he~eunder, said MORTGAGEE shall app~y to the Coun having jurisdct:on thereof for ~he appomtmem of a Rece:ver, s~ch Court shail forthwith appoint a receiver of said matgagtd property all and singular, includ~ng aif and singufar ~he income, proi~ts, issues and revenues from whatave~ source derived, each and every of wh~ch, it beirg expressly understood, is hereby mwrga~ed as ~f speuf~cal:y x~ fo.~h a~+d deur~bed in the g~anting and habendum clauses hereof, and such Reteive? shall have ail the kxoad and effective funct~ons and powen in anyvv~se emrusted by a Covrt to a fteceiver, and i~ch appointment shall be made by such Court as an admitted equity and a manc? oi absotute r~ghi to sa~d M~RTGAGEE, and withcvt refe~ence to the adequacy or i~adeqvaty of the va~ue of 1he psope~ty mwlgsged w to the sorvency or ~nsowency oi said MORiGAGOR or tha deiendants, and that s~ch re~fs, profits, incorn~, issues and revenues shall be applied 6y such Receiver accad~ng to the I~en or eq~ity of sa~d MORTGAGEE and the pracfice of such Court. 8. To duly, promptly ar•1 fully pertwm, diuharge, execute, effect, comple~e, comply w'~th and ~bide by each and every the stipuistions, agrecments, conditions and covenams in sa~d promissory note and this mortgage set fwth. 9. That in the event the owrtcrship of the mortgaged premises, or any part thereof, becomes vested in s person other than the MORTGAGOR, the MORTGAGEE, its succeuws and ass~gns, may, withav~ notice to the MORTGAOR, deal w,fh such successw w tuccessw in interest with reference to this n,ortqage and the debl hereby sec~red in the same manne~ as with Mortgagor without in any way vit:ating or d:scharging ihe Nlortgagori liability herr under or upon the deb~ hereby secur~. fJo sele of ehe Frem~xs hereby mor~gaged and no iorbearance on 1he part oi the IJIORTGAGEE or its succeasors or ansigns and rro ex~ens~w? of ~he time fw the payment of the debt hereby secured given by the MORTGAGEE or ~ts wcceasors w ass~ns, s~wll operate ro re!eue, diuharge, modify change or ~ffect the aig~nai liab~l~ty of the MORTGAGOR Fx.e~n, either in wfiole or io part. ~ 10. It is spetifically agreed tMt time is of the esxnce of this contract snd that ~o waiver o~ any obl~gat~on hertunder a of the obtigation sr cured Frrfby shall at any tim~ thercafter be held ro be e wa~ver of the terms hereo~ or of the instrumem secured herby. 1). In addition to the Forego:ng monthly psymer.ts of princ'pal and inte+est requ~red by the prem'uory rrore secu+ed hereb/, mortgagar covenants and ag~ees to pay to mortgagee v.irh esch mo~thly payn,ent an addnional sum es~~mated by mortgagee to be eqval to 1; 12 of tSe annuat cost of the ialow- in~: A-All real prope~ty taxes leiied w assessed agai~st ~h~ above descriyed real estate. B-Prerr.~ums on fire and windsrorm insurance as here~n requ:red to be carned en the :mprove-nenrs rtuate on the above de:cribed prem~ses. C-Premiums on wch morfgaqe guaranty insurance as mo~tgsgee shall from t~me to sime deem fit to carry on the loan secured hereby_ Mortgsgee shail from t~me to time notify mortgagor in writing of the amount due and payabk hercur.dr~ and tuch sum shali thereupon be due and ~ :ayab~e on the due da~e of tfie next monthly payment and each successive month thereaf!~r ur.ti! mortgagee shall notify mortgagor of a change in such ~ „-ount_ Such sums s6ai1 be applied by mortgagee toward the payment of real property taxes, insurante prem:ums, a.id morigage g~aranty insurance j p'e.~i~m3. ~ IN WITNESS VYHEREOf, the id MORTGAGOR has hereunto set h~s hand and seal the day and yea~ fint af t'/"` - ~ ~ ig alldrtsnd 'i in ~presence oi: ~j1`~¢O~RF`~: ,~J 6~ ~ ~!kE0• ~ , ST. LUCIE coli~ 1~ _ ,n ROCER PO~TaAS ~ ~ _ ~ p~ ci,~cv~? coua ~ unmarr e ~ •r c • t t (Seaq ~ r 1.~,, ~ 39 111'~~ (Seal) S~ATE OF FLORIDA F. v ~ -o:;rvnr oF St • Luc i e u' a~~ss1 eeto~e me penawlly appeared Armand De 11 a-V Olp 9 ~ ]6~~,~, to me well known and knaxn to me to be the individwls described i~ and who executed the foregoinp inslrumeM, end acknowledged befwe me that they executed the sa~rte fo1'Ihe purposes rherein expressed. .ZZ]CIClC=zirZ7[7[][7eX~[ZZ~7[ZT7[7[TZZ7rzZ7[]c][zzle][lU[Z2][ ~Yle][~-]C75~C7C ~~~~~~.~~~~~~~~w~~?~T~?~71T~IT TTTTTTTTTTTTTTTTTTYTT2T???T????2~xY~~~S ~S.t~.',fSZ 's""__-___ ~ ^ ~ ~ • - . i ~ r - ~ ~ ' ~ WITNf55 my hsnd snd official ual thi d~y of _ _~/1. D.'•19--L~.l- = . ~ ~ ~,(~t`~TnL~~ l~, . ~.~~-.'~t~v1 cc~,•' ~ Nctary Public in and for the Stat~ o~ F~ofic3~s at Larpe My Commisiwn expiresc , •••••••C\ ~ Retum To: h . . ~ ~ ° First Federal $aving• 3 loan Astocial~on Npt~ P~, State ol flo:id~ t~ 1/~~l~t.~~~t~~~~~ az ~ Of Fort P.e~ce. ~IIY (qemis~wn E~qret Df{. 21• 19SO ~ Fort Pierce, F!wida ~Of~ ~M~:•l , • ~ ••,•w• ~ ~ ~ / ~ ~j' ~ ~ This Instrument Prepared By JOhII W. C0111A9; Ch ~ . ~ First Federal Savings 8 Loan Association ~ of Fort Pierce " ~ Fort Pierce, Florida 33450 ~ Crecked By ~ ~ BODK ~ 1 O PAGE a~ ~ ~ ~ , ~ _ _ - - = . ~ . _ . - _ -