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Home My WebLink About1535 ! ~ ' i ~ 3. Tn laca rnd conHnuovsl kre on the bui!din e no•~• or hereafter tit~ate on said land and on ail e ui ment and e~~onall covertd 6 lhit r.iort ! P Y A 9 ~ P P Y Y 0' j sge, with ell premivms thereon pa~d in fufl, fire inwranca in ~he uaval star~ard oolicy fo~m, in a sum app:oved by 1he MORrGAGEE, anJ w~~dstorm ..•ti.-~ ` tnsuranca in tho usual standard policy (orn~, in a sum approved by Ihe h10RTGl+GcE, in ~~ch company or companies a~ tho M,ORTGAGEE may ;ti,: ! direch ond ai~ tire a~~d windstorm insuran;@ policies on any of said bui:'d~nas, any interezt Iherein ur part the~eof, in Ihe a~grepa~a wm afetesaid or . ~ ~ !n ~xtest tharzaf, shall tantain tna usvat standard mortgagea t~au3e ar such orhar clzusa st iho :1o:}gagta may raav;:a, rr.a~i:~ !h: los: e~~tl p~+~~ • ; cios, each and every, payabee to said ~~10RTGAGEE as its intcrest may appear, and each a~d every :uch pol~cy shall be piomptly as: ynrd and deliver~d ~o ~ eny held by said AIORTGAGEE as fuither s:cu~ity to said mortc~aga debL and, not less than ten (10) days in aJvrnce of ~he expiration of each policy, to de- liver Io said MORTGAGEE a renewal ihrreof, loyethrr with a rcce~pt for ~he premium o( such renewal; and tF.rre shall be no ti~e or w~ndstorm Insuronce i place~ ort eny of said buildin~s, any interest therein or pa~t thcreo(, ~nless in the fonn arid with the loss payabte as a(ortsnid; and in th: event any sum ; of money betomes payable ~~drr wch policy or policies said htORTGAGEE ~h~ll hjve the oplion to receive and apply the same on account ot the indebted• ~ess srcured hereby or ro permit said MURTGAGORS to rcr,eiva and use it ur eny part the.eot for o:hcr pu:~~oses, v~~ihoot th;reb~ ~vai~L~.~ o~ in+pair• i.t-'M In~ any eq~ity, licn or riyhl under or !~y virtue OF th~s mo:lgage; and in the ovent said AIORTGAGORS shall for any reason fail to keep the said premise~ so ' Insured, or fnil to dztiver promptly any of said policirs of insurance to said MORTGAGEE, or fail promptly to pay fu11y any oremium therelor or fn any ! respect fail ?o par(orm, dlscharge, execu~a, eflect, completa, compiy wi~h and abide by thls cove~anl, or any pa~t hereof, said N10RTvAGfE may place and y pay (or such insi~rance or any part the~eof witho~l waiving or affecling any option, lien, equity, or riaht u~det or by v:rtue of Ihis hlo~tgage, and the • (vll amounl of each and every such payment shall be immediately dve and payable and ~hall bear interest irom 1he date thereof v~di) paid at ~he rate of ' nine per centum pe~ annum and togethe~ wiih such interest shall bs sec~red by ?he lien uf ?his mottgage. . i ~ A. To permit, cammif or suf(er no waste, impairrnent or daterioration of said prope~ly or any part thereof. , • • 5. To pay all and singular the costs, charges and expenses, inclvding s reasonable atlorney's ~eG_.n~ costs of abstratts of title, inturred or paid at ' any time by said A10RTGAG~E, because or in the evenl of the failvre on Ihe pa~t of ~he said MORTGAGOR to duly, promptly and fully perforrr,, discharge, execute, effeu, cornpleta, con~ply w~th and abide by each and nve~y the etipulaNons, agrecmeMS, conditions, and covenants o( sa~d promissory note and th~i , mortgage any or either, and ~a~d costs, charges and expenses, each ard every, shal~ ba immed~ately due and payable; whether or rtot there be notite dr~ mand, alte~npl lo colled or suit pe~d~n9; and tha fult amovnt of each and every wch payroenl shall bear intere:~ from tha dete thereof ~ntil paid at the rale o( nine per centum ~r annu:n; and all said coits, char3es ard exprr.s~~ in<urred or paid, togelher wilh svch inlerest, shall UB szcured by the lien of this - - morlgage. _ ~ 6. Thai (a) in ihe eve~t of any breach of this Mailgage or default a~ tFw part of ttia A'OR7GAGOR, or ('u) in the event any of safd sums of money herein referrad to be not promptly and fully paid wiinin th~rty i30) days nex: after the same severally become due and payable, wifhout demand or notice, or (c) in the event each and every the stipu;alions, agreemems, conditions and covenams of said promissory note and in~s mortgage eny or eilher are not ~vly, promplly and fully perfor~ned, d,scharg•_d, executed, e(fected, comp!eted, compl~ed wNh ar.d abided by, then in either or any such event-Ihe said ag g~egata sum mentioc^d in said prom~ssory no!o then remaining ~npaiJ, ~vish intere:t accrued, and all moneys secured hereby, shafl betome dve and pay able forthwith, or rherea(ter, at the opticn of said h10RiGAGEE, as f~lty and comp!etely as il all of the said sums of money were oreginally stipulated lo be pr;d on svch day, anything i~i sa:d pro:n~ssory note o~ in thia Mortgage to the con~rary notwithsranding; and thereupon or thereaiter at 1he option bf said MORTGAGEF, w;tFout notice or d~mand, suit a~ law or in equity, there(ore or thereafter begun, may be ~irosecuted as :f all moneys secured hereby had maturcd pnor to its institution. - i 7. That in the event tha~ at the beginn,~r~ uf or at any time pending any suit upon this Mortgage, or to fo?eclose it, or lo reform it, or to enforte f payment of an~• daims herevndc~, said I.tOR7GAGEc shalf apply to thc Co~~rt h3ving ~urisd~ttion ttiereo( fot the ap~ointm.ero of a Reteiver, such Court shall ~ forthwith appoinf a-rectiver of said mortgagct! ptoFe~ty al! and singvlar, includ~~;g all and ~ingular the income, profifs, issues and tevenues from. whatever source detived, ea:h and every ol wh ch, it beinq e.cpres:ly understood, is hereby mortgaged as if spec~fically set forth and desvibed in the granting and _ habendum cEauses hereof, and such Recei~~r sh311 have all ihe bread and effective tunct~ons and powers in anywise entr~sted by a Court to a Receiver, and tuth appoinlment sh311 be made by <_uch Cocri as an admitred equity_ and a n,etter of abso!ute rigfii to saTd MORTGAGEE, and without reference to the adequacy or inadequacv of the va!ve o{ the properiy mortgaged or to the sotvency or ~naolvency oi said MORTGAGOR a the defendants, and that such rents, profiis, income, issues and revenues shall be applied by such Receiver accord;ng to the lien or eL~uity of said MORTGAGEE and the proctice of such Covrt. - _ ~ t 8. To d~!y, promptly and fully perform, discharge, execute, effed, complete, comply ~vith and abide by each and every tha stipulations, agreements, conditions and covenant: ;n sa,d promissory note and this mo:tg3ge set (orth. ~ - 9. Ihac in the event the ownership of the :r.ortgaged prenu~es, or any part thereof, betomes vesred in a person other. than the '1lORTGAGUR, the MCRTGAGEE, its successors and assigns, may, witha:,l hotice to 1he ,t~10F.TG~~OR, deal vrith Such successor or sutcessor in interesl with teference to thie . mo:tgage ar,d the debt hereby setured in the same mar:ner as vrith 1.4ortgagor vrithovt in any ~vay vitiating or discharging the Mortgagori liability here- under or upon the dett hereby secured. "1o sa'~ of the prerT~ises hereby rno~tgzged a.id no Forbearance on the part of the MORTGAGEE or iti successors ot assigns and no extension of the time fx the payment of the debt here5y setured given by the 1.50RTGAGEE or its suttessors or assigns, sha11 operafe ; , to re[ease, d~scharge, mud~fy change or affect the origma) liabll~ty of the R10RTGAGOR herein, eitF.er in whole or in parl. _ ' - 10. If is speuElcatly agreed that time is of the essence of this contract and thal no waivet of any ubtigation hereunder or of the obligation se- c~red hereby sh.all at any tin:e thereafter be he!d to be a waiver oi th: terms hereoi or of the instrument cecured herby. I1. In zci-ln:e~ to sFe forego'rt7 :i~or,:h':y p3ym~nts o! pri:~c'pa{ ard interest reqvued by the prom~ssery note secured hereby, mortgagar covenants and agrees to pny to mo~tg.~g~e v.ith cacn monr?~fy p3~:~:en1 an add~uonal s~m ei!;rnated b~ mortgagee to be equal to 1; 12 of the annual tost of the follow- ing: . - A-A!1 real property taxez levied or assested agai~ist the abovc desuibed re~l estate. B-Prem~ums on fire and ~vindstu:m insurar.ce bs 6erein requ;red te bc car:ied on the improveme~ts situate on the above dasaibed premises. C-Przmi~ms o~ such marrgage gvaranty iesv:ar,ce as morrgagee shafl fram r'me to time deem fit to carry on tne loan set~red hereby. " ~.lortgagee sha:t fre:n rur.e to tin.e rct~fy m,ortgagor ~n vrrGring of the amount due and payable hereunder and svch wm shall therevpon be due and payab!e on tha dve date of the r.ext no~th'y payment ar.d each svccessive month thereafler ur,til mortgagee ihall notify mortgagor of a change in such amount. Such sums sF.~:l be appiied 'oy mertga~ee tef~ard the payment of real property tazes, insurante p~em:vms, and mortgage guaranty ir.surance - gremiums. - , Ih \YITNESS :VH~RcOf, the sa~d 1JSORTGAGOR-has hereu~to set his hand and seal the day a~d year fint aforesaid. - t ~ ~ _ Si9ned, Sealed a.d delivered in the presence of: ~~~(r e~~ R~~~ _ _ W t~4 V1~M#, f " ~~LR~~.'e~~~ •l ~ . - RBCER F41Tii~~ C_/ ` (Seal) - = . Julius F. Scriba ~ai~ ~ CL£R~ Ctt,~111 r ~ - - RE~Oi~': YfA~~tf4~~a~~ ~ (seaq ~ r' ie J._ Scriba ~~a~~ - i STATE OF FLORID . ~ ~ . ~ u ; St. Lucie_ - _ ~ cour~Tr oF - ~ _ p ~ P~~ Jul ius F Scr iba Before me ersonali~ a ared • and ~ Mar~~~.~ J. SCYlba h!s wife, to me well kr.own ar.d known to me to ba fhe irtdividuals describ~ in _and who executed th~ forcyoing instrument, and acknowteoged beFore me that they executed the same for the p~rposes lherein expressed. And the :a~d Mariorie__.~._~. $CYxba - - - _ _ _ l wifp of the said .TLl~ 1L13 ~ SCY lba upon a separate ar.d prive~e examinat:on by me taken separate and apart from her said hnsband, acknowledged to and before me that ahe executed said instrument freely and volvn- - ~arily and without any compolsion, constraint, apprehens:ar., gt (ea: of e: from her said Fu,~ar.d. ~ - WITNE55 my hand ar:d of(iciat seal th~s__Jl day of `~~e ' ~ - A. U. 19 75 ~ f,~ ~ " - Notary Public in and for th tate of florida-at Large Refurn ~o: ~ My Commission expires: 3 d, ~ . /D ° _ . :-.i First Federal Savin,r,s S Loan Associat~on , Of Fcrt P~erce- ~~111>>t~~t~j=~~ - fort Pierce, florida _ - . j~4~ - ~ v ~ . . . - - _ - . l:^) , s~~~~. ,El~j~' % - . i . ~ . . _ . . . . - . J t . [~1 . . . . ~ . ' J , ~ ~ =J ~ ~..J ~/I ~ . ~ . - . ~ _f .V • _ I . ~ : This Instrument Prepared By Wi.lliaa J. ~orbes - . 1 ,~;0:::~ ,a . • y.;=.". _ First Federal Savings 8~ Loan Association - ~ ' ~ s~,;~ - of Fort Pierce , Flori~a 33450 - 'S t pN ; ~ ; ~ ~ - • ~ - ; ; ~ ~ ~ - _ • . is;.,~ - Checked B T., ' . t " y - - - ~ ~ ~ . ' i , . `t''`` r. ' ~ ~ ~ _ . . ~ . ~~~JfriltS~tt~`~ - ! : B~ax~40 ~ j ~ : : - . PACE1534 - _ . ~ ~ " _ _ - - - ~t~ : _