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Home My WebLink About1539 _ . _ ~ 1 :1. Ta pla:e rnd conti~uousiy kee;~ on the b~i!di~igs no•r~ or heroafte~ situata ~n said land anJ on all equipmonl and personally covared by ihit mort~- ~ ege, with ell p~emiums thr.ean pa~d in iull, (ire insuranca in the usual swnd~d policy form, in a tum approvsd by the MORIGAGEE, and windsrorm ~ tn:urancr tn the usual s~andard pel;cy (orm, in e svm opprovPd by 1he INORiGAGEE, in such company or r•~rnpr~'es as tha AtORTGAGEE may ~ diteclt and all firo and wtndslorm in~uronce pol~~les on any o~ said bviid~ngs, any intoresl therein or parl Ihereof, in Ihe aggrege~e wm elcres~id or ~ (R tX~CSS f~2=f'v~~ S~J~: 1~~ ::SuS: Si.`. ::~3::.~ :^y.°.~... .,.Sft 4Sti~. •la ._4 ~Aa /;4ylainne m~v f~yy:{p. Mik1N~ t~~a Inis l~nc~et idi[~ ~+O~F 1 des, each and overy, paya5'.e~to said A10RTvAGff as i~s i~;tarst may appear, and,eachya~d every s~ch poticy ~hall be promptly asspned and delivered ~o ~ eny hald by said AlOR1GAGEE as (uriher security ~o saiJ mortgage drbt, and, not less than ten (IU) Jays in advance of ~he expirotion of each pol;,y, to de- liver tu said A10RTGAGEE a renevial thcreof, togc~ha~ with a retei~! for the premiurn of s~ch renewal; and there shall be no fira or ~vindstarm insurante pleced ow any o( said bvildings, any interest therein or parl Ihereof, unless in the form a+t~ r:ith th* fc:t ~ayable a: ~~^~^•-~d; :-a in the eveN any sum . of money bec~me~ payabte under such policy or pelici~s sa~d MORiGAGEE shall hava Iho opNon to receive and apply the seme on account of the indebtud- nefs secured hareby or to permit said ~dORTGAGORS ro receivo and use il or any parl thereof (or othrr purFwscs, ~vithout th,rrLi waiving or unpoir• _ Ing any equiry, lie~ or right undcr a~ by virtua af this mo:tgage; and in tho event satd hIORTGAGORS shall for any reason (ail to keep the said p~emises so tnwred, or fail to drtiver promptly any of said poliues of insurance to sa+d I~.10RiGAGEE, or fail promptly to pay fully any premium theretor or in any s re~pect fail to perForm, d~scha~9e, execvte, e(iect, complete, co~nply with and ab~de by this tovenant, or any part hereof, said MORTGAGEE tnay plate and , i pay for svch insurnnce or any pa~1 thereof without waiving or atfecting any op~ion, (ien, equity, cr ric~ht unde? or by virtve of Ihis Alorlgage, and ths ~ tull amou~l o( each and overy such payment shall be immediately d~a and payabta a~sd shall bear interest trom tho date !hereof ~niil paid at ~he rata ol ~ ` nine p~r cenwm per anrn~m and tcgrther with suth inte~esl shalf Ue s~cured by Ihe lien of this mortgaga. 1. To permit, tommit o~ suffer no wa. te, impairmenl or d~lrriprat:on of said prope~ty nr any part thereof. ~ 5. To pay all and sing~lar the costs, charges and rxpenses, including a reasonable ettomey's fee and costs of abstrods of ti?le, Inturred or paid at ` any time by s:~d h10RTGAGfE, because or in the eveN of th~ faiture on the part of tho said h50RTGAGOR to. du~y, pro:nptly and fvlly pe~torm, discharge. ~ axecute, eifect, complete, comply w~th and ab'de by each and ~~very the stipuietions, agreemeMS, co~ditions, and covenants of said promissory note and this mortgage any or e~ther, and sa:d tosts, chr.rges ~nd expensas, each and every, shall be immediately due and payable; wfie~her or not there be notice d~ mand, attempt to collector evit pend~na; and the full amount of each and every svch payment shalt bear interest (rom the date thereof un1i1 paid a1 tFvs t rate o4 nine per cantum per annuar, and all said costs, charges and expens~s ir~curred ot paid; to9ether with wth interest, shal) be sec~red by the lien of ~his ? mortgagc. . ~ . ( 6. Ihat (a? in the event of a~y treach of thie Mortgaga or dafavll ~n the pa~t of the h10RTGAGOR, or (b) in the eveM any of said svms of nwney ~ herein rcfer~ed to be not prompNy and (ully paid within Ihiity (30) days next after the same severally bacome due end payable, wiltiou~ demand or nolice, ~ or (c) in tha event eath and every ~he sl~pulations, agreements, co~d~tior.s anJ co~ena~ts of •a;d promissory t~ole and th~s mortgage any or either are nof . ~uly, promplly and (~Ily perfermed, d~scharged, executed, affeurd, completed. cempGed wiih and abided by, then in either or any such event tha said ag- ( - gregate stim menteaned in said promissory ~o!o thcn rem~jr~ing unpaid, with interes~ aurued, and at! monays tctu~ed hcreby, shall become due and pay- able forlh~vith, or thereafrer, a; Ihe optbn oi said h10R1GAGEE, as fully anc! compte~ety as if all of the said wms of money v~ere originally s~ipulated . - to be pa;d cn svch day, anything in sa d promissory nat? or in this hlortgagr to Ihe tontrary notwilhstanding; and thereupon or fhereaf:er at the option of - said h10RTGAGEE, w~thout noi~ce or de,nand, suit at law or in equity, therefore or Ihereafter begun, may be prosecutzd as if all moneys secured hereby had matured pnor to its inilitution. . ~ 7. That in_~he e~en1 thai at th•~ beginn~ng of or at any time pend~ng any su~t u~r~n this Morfgage, or fo foreclose it, or to reiorm it, or to enforce , payment of any c~aims hereunder, sacd A50RTGAGEE shali apply to the Court hnv~rg ~unsJlction shzreof for the appointment of a Reteiver, such Court shnll - ~ For~h~vith appoint a recerver of said rr,ortgaged prope•ty a!I and singular, inciud~ny oll and singular the income, profits, issues and rever.ues from whataver • wurce derived, each an~l every of wh'ch, it being expressly vnderstuod, is he~eby meugaged as ii speufically set iorlh and destribed in the granting and habend~m clauses hereef, and svch Receiver shjit have. all the broad and effeurve fur,cho~is and powers in anywise entrusted by a Co~rt to a Receiver, artd ~ - tuch appointment shall be matie by such Court as an admitled equ7fy and a matter of a5so~ote right fo said IApRTGAGEE, • and wilhout reference to tha adequaty or inadequacy of the ~atue ui Ihe prope:ty mortgaged or to ?he so~vency or ir.solvency af said MORTGAGOR a the defendants, and tFat svch _ ~ents, protits, incame, issues and revenues shall be applied by~ suth Receiver ac.ordi~tig ?o ihe lien or equity of ssid h10RTGAGEE and the prodite oI such ~ Court. 8. To •juSy, promptly and fully perform, discharge, execute, effect, complete, co~~ply wi?h a~d abide by each and every the stiputatiens, agreemenft, torditions and covenant~ in sn~d promissory note and Ih~s morigage set fosth. _ - - 9. That in the event the ownership of Ihe mortgaged prern~ses, or any part thereof, 6ecomes vested in n person other than the MORTGAGC2, the AtORTGAGEE, its svcczssors and assigns, may, v~~thavt not~ce :o the l:OQTGbOR, deal ~vith such successor or svcces~r in interest with reference to Ihis mor?gage and the drbt hereby secured in the sar,le manr.er as r+ti•ith ll4ortgagor rv~thaut in any way vitiating or discharging the Mortgagors' liability here- • under or,opan +he d~~t hrreby secured. No sate of the premises hereby mortgaged and no forbearance on the part of 1he ldORTGAGEE or its successors . or assigns and nu extens~on of the lima (or the paymem of the debt hereby secured given by fhe lrOR7GAGEE or its autcessors or assigns, ahnll opetete - to release, d~scharge, modify change cr a(iect tho original liaE.ility of the 1.'.ORTGAGOR herein, eilher in whole or in part. - ' 10. h is sper,ifical{y zgreed that time is of the rssence of th~s contract and thai no waiver of any obtigation hereunder ar of~ the obligation so- cured hcreby shal! at any time thereafter be he~d to be a raivcr of the rerm~ hereof or of the instrumenl secured herb . - . y I1. M add~)io.~ to tn_ iorego`ng monTh!y pr;n+~nts of prir.c'pal ar,d interes~ requ~rcd by the prom~ssory no!e secured hereby, mottgagor tovenants f: and ag~ees to pay to mortg:g?e v:itt~ eacn rnn:uh'y ~,ayrnent an add~iio+ial sum ess;mated by mortgagee to be equal to 1%12 oF the annUal cost of the follow- i^9: ~ ~ - - - ~ • i- 7 _ - A-All real property taxes levi~d or assessec! ag~~nat the a~ave described real estate. • ~ ~ B-Pren:~u:~s on fire and windsrorrr: insorar.ce as iierein requ"utd to he car~ied on the improveme~ls situate on the abOve desuibed premises. , - _ C-Premi~ms on such mertgage guaranty ir.svrar.ce zs mortgagee shail fro:r: f€me to time d~em fit to carry on ; loan secured hereby. " Irortyagee sha'! trcm tin=~ to ti:re norify mortyagor ~n writing of th2 d.T.OJ!fI due and payable hereuncterand suth sum shall thereupon be c~~e and ~ payabte on ~h~ dve date ei the r,ext me~thly payment and each wccessive month tfierea(t_r ur.til mortgagee sh~': notify morigagor of a change in such ~ . amounf. Such sums sha!I be apptied by n,ortgag~e to.vard Ihe o3yment of real property taxes, insurance prem:ums, and mortgage gvaranty insurante premiums. . ~ - - , IN WITNESS ~:H:RCGF, the said MORTGAGOR has hereunto set his i~and and seal the day and ycar first aforesaid. _ Signed, Sealed aod deh~•ered in the prefence of: _ ~ f L~0 AMO AE~Cp~p~0 seaq ~~~F ~4UNTY F~,~, onard L e ' ~ • OCER tCI~R~S - j _ ~ ~LERK C{f~CU1 seap - - - . _ - RE OR~ YERIFlE B ~Ob Sea1 ~ _ - ~ _ ( ) - STATE OF et~ MaYyland ~ ~1 ~l ~ e,5 it3~0~~~ - COUNTY OF ~ L~(1~ - Q ~ Before me persona!iy appeared ~P_OI]BTC~ i_, Qpbe~ a~ ~ _ Et~'1@1 Q~ Robev _ t,;, wife, to me we~l known and known to me to be ~ Ihe individuals desc~ibed in and who executed the f~regoing instrument, a~d ackno~vledged b~~ore n,- that they exeNted the same far the purposes _ there3n expressed. And the said-- Bth61 B. Robev _ wife of the said _ y - Leonard L, xobe opoR a separate and private - exam~nat~on by me taken saparate and apart fram her said husband, acknowl~dged to and ~~efore me that she executed said inatrument freely and volun- - tarily and w~thovt any compulsion, constraint, appreherssion, or fear of or from her said husband. . - ~ WITNESS my hand and oilicial seal this_ q~ day of - - A_ D. 19_~~ i_ . - - , ) - O , • Notary P!ec in and tor the Stat~ of F3erida-e~-kergF ~~tl.-t~~Q1'~~ t:4 My Commission expires. - i; Return To: • ~u~ , , t~~e l : V r ~;i:u~, ~ Firsr Federal Savings 8 Loan Associ~Pion ~~v ` ~ " Of Forl Pierce. ~ 0~~ . ~~~J ~~i~ ,s ' - ~ ~ . Fort Pierce. ~Icnda - ~ j ~ ~ , ' ` ; ' 1 ' ~ ~ - ' ~ ~ , . ~ ~~i. ~ ' - . ~ _ . _ . ~ ~ •~~~.l14 ~ ~ _ - . ~ ~'y tr ~ - - , This Instrument P~epared By Rober t A. Swisher , Jr . _ . ~ . ' Q~ : - First _Federal-Savings 8~ Loan Associaticn . . - of Fort Pierce Florida 33450 0 R ~n ' ' 800K ~~.f PJIGE~~ - r ~ t~~ - -.•''f~l~i:,:~~..• t~,-. Checked By - ~ - r: . . - , i: : ~ . E.. . i-~. - i ~ -c4 . . 1.. ~ " y ' , ~ - . . - - ' ` ~ - f . , . . . ~ ~ _ ~ ~ Z . . . . . . . - . . . - ' .~~_~sz..-.. ~.~.,;-a._L._ ~ - 4J