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Home My WebLink About1684 , 3. To placa end corok-,vously keep on the buiidinys now or herea(rer situate on said land and on ali equipme~l and persona~ly covered by Ihis mortg- ~ sge, wilh ell premiums thereon pa:d in (ull, fire i~sv~anco in Ihe uwal staixlerd policy (orm, in a tum approved by the h10RiGAGEE, and windstorm Insurance i~ tha usual standa~d poticy form, in a sum approved by Ihs h10RTGAGEE, in ~uch company or companies as the h10RIGAGEE msy - di~eu; a~d ali firo and wlnds~orm insuranca pofcies on any of taid build~ngs, any interest therein or parl thereof, in the aggregate wm a(oresaid or ? (n exces~ ~he~eof, ihall canlain fhe usval standard mortgagee ciause or such otner tl~vsa as fhe Mortgagaa mry requiro, maAi~g Ihe loss vnder ~a~d poli• . cies, each and ave~y, payable to said A~URTGAGEE as i~s interes~ miy appear, and each a~d every such poU<y shall br pro:r,pt~y ess gned and delivercd ~o any held by said h10RTGAGEE as furihar security to said mortgage debt, and, no! (eu than ten (10) days in advanc~ ot Ihe expiration of each Folicy, to da- livet to said A50RTGAGEE a renewal thereof, to~eiher wi~h a receipt {or the premium o( such ronewal; and there shall be no f~ro or .vinds~orm inwr:~nce pleced on any of said buildings, any intrrest therein or part !he~eol, unle:s in Ihe form and wi~h ihe loss p~yabla a3 atoresaid; and in the event ~ny •um ~ of money bacomes payable unde? such policy or polities Said MORTGAGEE shall have Ihe option to receive and apply tha sarne on account o( IF~a indebted• ~ ness secute~t he~eby u~ t~ pennh seiil 7r5vicivAv~RS to trteivr ai:d uia it or any part theceof to~ oth~_r Ncrp'vsri, :vitho~i t~_~e~~ a: :~~+N~~:- ' ing any eq~ity, I~e~ or :~ght under or by vir~ue of tFis morsgage; and in Ihe event taid MORTGAGORS shall for any reaion fail to keep ~he said premises sa ~ inwred, or fail lo deliver promplly any of said policies ot insurance to said MORTGAGEE, or fail pramplly to pay fully any pre~»ium therefor or in anY t ~espetl fail fo perform, d~scha~ge, er.ecute, etfect, complefe, compty with and abide by tliis covenant, or any part hereof, said MORTGAGEE may p~ace and pay for such insurance o~ any part thereof without waiving or aifecfing any optio~, Ilen, eq~ily, or riyh~ under or by virtur of this Mortflage, and the ' - full amoum of each and every such paymeN shalt be immediatety due a:~d payable and shall bear inte~est from tha data thereof until naid et Ihe rate ol nine per centum per annvm and to~ether with such interest shall be seci•red by Ihe lien of this mortgage. ~ d. To permit, commit o- s~ffer ~o w•as1e, tmpairment or deter~o~ation of said prope~ty or any part Ihrreof. ' { 5. To pey all and singula~ the costs, chsrges and expenses, intl~ding a ~easonable attorney's fee and costs of absl~acts of t;tle, incurred or paid at ~ ~ any time by said A50R1GAGfE, because or in the event of the failure on the part of the said MORTGAGOR to duly, promptty and fully perform, d~scharge, execute, effec~, complete, comply with and a6;de 6y each and every the stipulations, agreements, tonditions, and covenants of said promissory note and this , mo~!gage a~y or either, and snid costs, charges and expenses, each and every, shnll bo immediately due and payabfe; wherher or not there be notice d~ ~ mand, atlempt to collect or suit pend~ng; and the i~ll arno~nt of each and every s~th payment shall bear irterest from the dato thereaf until paid at the t rate of nine per tentum pet an~ium; and 51i said costs, chargea and expenset irxurred or paid, together ~vith such intereal, shal) be secured by Ihe lien o( thit = ~ mortgage. ~ 6. That (a) in.Ihe event of any b~each of this Mor?gape or default on the, part of the h10RTGAGOR, or (b) i~ the event any of ea:d svms of money ~ herein ~eferred to be no1 pro~nptly and fully paid wirhin thirty (30) days next aflrr the same severa!!y become due and payab!e, wittiovt d..mand ar natica, ~ or (c) in ~he event each and every the stipula~ions, agreements, conditions and coventnts of sai~ promis:ory note ~and th~s mortgage any or either are not ~ ~uly, promptly and fully performed, d~scharged, executed, eifected, c~mpleted,. complied with and abided by, then in e~ther_or any such event the said ag _ gregate svm mentioned in said promissory note thtn remaining unpaid, w~th inte~est ac<rued, and afl moneys setured hereby, shall become due and pay- , able (orthwi!h, or thereafter, at the option of said A50RTGAGEE, as (ul~y and completely as if all of the said sums of money were ortg~nally st~p~tated to be paid on such dsy, ar.ything in said pro:nissory notz or in this Mortgage to the contrary notwithstanding; and thereupon or ihereafter at ~he oplion of said MORTGAGEE, without no~ice or demand, suit at law or in equity, therefore or Iherea(ter begun, may be pros2c~ted as if all moneys secured hereby had matured prior lo ~ts institution. _ 7. That in the event that at the beginning of or at any time pending any suit upon this Mortgage, or to foreclose if, or to reTorm it, or to enforce paymeRt of any claims hereunder, said MORTGAGFE shal) apply to the Cout1 having. jurisd~ction thereo( for the appointment of a Receiver, svch Court shall forthwith appoint a receiver of said mortgaged property all and singular, includ~ng all and singular the incoma, pro(its, issues and reven~es from whatever ~ source darive~, each and every of wh~ch, it being expressly vnderstood, is hereby mor~gaged as if speci(ically set for~h and described in the granting and habendum clauses hereof, and such Reteiver shall have all Ihe braad and ef(ctitive funct~ons and po~n•ers in anywise en?rusted by a Court to a Receiver, and { • such appcintmenf shall be made by such Court as an admiUed equ~ty and a matter of absolute right to said MORTGAGEE, and without refere~ce to the ~ adequacy or inadequacy of the vatue of the property mortgaged or to the soivency or insotv~~cy o( said MORTGAGOR or the de(endants, and ~hat such reros, profits, income, issues and reve~ues shall be apptied by such Receiver according to the li0n or equity oi said MORTGAGEE and the practice of such Court. ~ _ 8. To duly, promptly and fully perform, d~scF.arge, execute, effect, complete, comply wlth and abide by each and every the stip~lations, agreements, I~ conditions and covenants in said promisso:y note and this mortgage set forth. i 9. That in the Event the ownership of the mortgaged premises, or any part fhereof, becomes vested in a person other than the MORTGAGOR, iha ~ MORTGAGEE, its successon and assigns, may, wi~houl notice to the 1.!ORTGAOR, dea! with such svccessor or successor in interesl with reference to this mortgage and the debt hereby secured in t~~;; same manqer, as ~n•i~h Mortgagor without in any way vitia~ing or discharging the Mortgagors' liability here- ~ under ar upon ~he debt horeby se.wed. No sale of the p'remises hereby mortgaged and no iorbearance on the pan of the /hORTGAGEE or its successon ~ or assigns and no extension of the time for the payment of the debt hareby secured given by the ~dORTGAGEE or its wc~essors or ass'rgns, ahall operate ~ lo release, discharge, modify change or .affect the original liability of the h'tORiGAGOR herein, either in whole or in part. - t 10. It is spediicblly agreed that time is of the essence of this contract and that no waiver of any obligat~on hereunder or of the obligation se- cured hereby sha!I at any time thereafter be he:d to be a waiver of the terms hereof or of the instrurtent secured herby. ~ Il. In add~tion to the foregoing menthSy paym=nts of princ'nal and i~re~est reqv~red by the prom~ssory nore secured hereby, mortgagor covenants ~ and agrees to pay to mortgagee with each monthly payme~t an add~:icnal surim rstimated by mortgagee to be equal to 1 j"12 of the annual tost of the foliow- {t ' ing: - . F - ~ A-A11 real property Iaxes levied or asseued agai~.sl Ih~ above describ=d real estate. ~ B-Prem.iums on fire ar:d ~vindstorrti insurar:ce as herein requ~red to be car~ied on fhe iniprovements situate on th~ aEove described premises. C-Premiums on suth mortgage guaranty insvrance as morfgagee shall from t~me to time deem fit to tarry on the ban secuced hereby. ~ Alortgagee shali from time to time r.otify mortgagor in writing of the amount due ar,d payable he~EUnder and such sum shall thereupon be due and ~ _ payable on the d~e date ai 1he next month~y payment and each svccessive month thereaiter ur,tit mortgagee shall notify mortgagor oi a change in s~ch amovnt. Suth sums sl:ail be applied by m~rtgag~e toward the payment of reel ;+roperty tazes, insuran prem, ms, and morfgage guaranty insurance premiums_ - - • _ _ ~ ' IN ~'liTSJESS 1t! ~REOF, the said h10RTGAGOR has hereur+ro set his hand and seal the day a year ir afore~id. ! • Signed, and de~ivered in lhe presence of: t u ~ ~ au~~.~.0 . ~ ra o n a c~an - • ~-r-r- Rgoa6/i~ c~/~/~~ict ~ - (Seal) x - _ - r G+/lfp~0a'`.~ .j t ~ ~`s-s..' ' (Seal) - _ ~ ness _ - ~--n~s~o.- t.~ -J Hi a °uccini an~i ~a~ U.v ( ) - - ~i ~~~Sr~~ .~s 6 ~ ~ r_../ - - S5. - _ ~ : ~ ~QM~F ~ ~ ~ ' s BeEore me persona(ly appeared Franci se~ PllCCj.II~ Barifl - and ~ Hi.Zda Pi1CC~1~. BST1P~, _ hh wHe, to me well known ar.d known to me to ba ' the indi-riduals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes t therein txpressed. And the said Hilda Auccini Banfi ~ Francisco Puccini Banfi - ~ wife of the ~e~d'; ' upon a separate and priyate examinatiqn ~~rat~ and apart from her said iwsband, ack~owledged fo and before me that ahe executed said instrumeN freely aed votun- ~ tarily and .vyk i a~'' co(utraint, app~hensioJn, or fear of or fcocn her said husband. - .~r - WIT ES rt~jyynarq,~~`_;~s~tal thi~ ' > r~°' day of L' A. C. 19__L~_. -i: f~£'j~~`~iti_ 3~..(~'!}; ' - _ 17 • \i~C~j •i ~~~/~I 1X'~~~ ~ ~ - RJ ~ ~ e ~ ? : f ~w~ s--( ~ , ~ ~f ~ ~ z l ~ ~ ~ ' . a .s.i . . F~~. ! ~ " . • .'~3 :ti~ lietur~ jp ! ,p*~ - GQ- '~~~~c-C~~~ 7 ~ t ' i~S i'~~~C Arif / . firsttf~p~~~ngt~~= ~Lt~S:~,Asipciation _ ` r ' - ~ f - - G~~C~ W /7.i C/`f7 (,.``~j _ _ U~,~.a~ ~~r,v>~.s o.E i9rr,vr~>~~/ , - _ _ - ~,`~;~,,~-~~•tf_~~-~~ - _ - _ _ ~ i. _ y ~ ~ _ . _ t..-~ E~e~?~o ~E a~! L This Instrument Prepared By J. Hal Roberts~ Jr. -=T.LIICIE COil~N ! First Federal Savings 8 Loan Assoc~ation RCCfR P01Tf{AS ~ of Fort Pierce _ ClE1tK G~itCU~T COUft~ - , Florida 33b50 RE+C4ROV~~r~~o----•-~-- Checked Sy ~ ~ ~ ~ BOOK~~V PACE~60e~ ~ ~ . ` ~ . - 31~229 . - - { - ._,__T__~__