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Home My WebLink About2021 . ~ t 3. To pia-:e and continuowly keep an ~he bui!diays now on c~rtafler iitvale on zaid land and on aH cquipmenl and personally covered by lhis mortg• ~ ege, wi~h all premivm~ tAereon p~id ~n (ull, tira insvrance in the ~-~~a1 ~tsndard poticy form, In s tum epp:oved by t{~e MOR~GAGEE, and wind~torm inwr~nte Ihe utua) ~terdard pol~ty forr,i, in a sum approved by the h10RTGAGEE, in t~ch company or tomppni~~ es the M~RTGAGE: msy r'. ~ dlrett~ snd aq fire and windsior~n inwranco poGcies o~ i~y of stid build~nyt, any Inte~esl therein or part IherEOi, (n Ihe a99rega~e 1~m alar~said or Irt ~xcese thereof, ~h~U contai~~ ~he utual standa~d mor~9agoo dai~se or such olher ctause et the 1Aortgsgeo mey reqviro, meAinq the lost unJer •a~d poH- tie~, e~ch and every, payable to s~id MORiGAGEE as iti imerest may eppear, and each end every such po!icy shall be premps.,~ a~i.gncd and delivered to •ny hetd by setd MORTGP.GEE a~ ~u~thei se<urity to saiJ ma~tgage debl, anJ, not less tha~ to~ (10) days in ed+a~ue oi the expTre.tion ot each policy, to da ` livsr to said MORTGAGEE a renewal Ihereoi, together whh a recetpt tor ~he p~emium of iuch renewatj and ~Ixre shall ba no (~re or wi~edsto~m iniurence • pl~ced on eny of ~aid buildingf, any lnlerett Ihe~ein or part Ihareof, ~nless in the form and wilh the loss payabla as a(o~esaid; and in the event any tum of money Ixcomet payable under wch polity or policiei •aid A10RTGAGEE thall havo ~he option to receive and app!~ ~he samo on a~<ount of the indabted~ , ness ucured hereby or to permit said MORTGAGORS ro ~eceive and we it or eny pa~l Ihereof for o~her pvr~.oies, .v~thout ~h_rtb~ ~Y31vl~ti7 0~ ~~~~patr• . Ing any equity, lien w righl ~nder or by vittve o( lhis mottgagej ~nd in the event laid MORTGAGOR5 shall fo? eny rcaso~ fail to kocp the said premises to ~ Intured, or fafl to deliver p~o!nptly any of said policias of i~su~a~te fo ~aid MORiGAGEE, or fail pr~mptly to pay t~lly any premium theretor or in any respett fail to pe~form, discharge, ezetufe, eflect, complele, comply wilh and abida by this tovenant, or any part hareof, iaid MORTGAGEE may place and ~ pay f.or s~ch in~vrance or any parl thereot without walving or aftecNng eny optiort, lie~, eqvity, o~ righ~ unde~ o? by vlrtue of thii Mortgage, and Ihc full amovM of each end every tuch paym,cnl shall be immedialely due. and payable and ~hall banr interesl from 1he date thereoF undl paid at ~he rate ot nine pe~ ceMum per annum and to~eth~r with svch interest shall be iecured by Ihe lien of this mortgage. ~ 4, To pe~mR, corssmit or sufter no waste, tmpairment or deteriorotion of said properry ar any part thereof. 5. To pay all and si~gular the costs, charges and exp~n~es, including a reaionable attorney'~ fee and costs of abstrads of title; inc~rred or paid at any Iime by said MORTGAGfE, btcause or In the event of the fai~ure on the part of the said MORTGAGOR to duly, promplly and fully periwm, d~uharge, exe<vte, et(ect, complrte, comply with and ab;de by each and every Ihe stipulations, agreements, condition~, and covenents of sa:d promissory note and this mortgage any or either, and.sa~d costs, charge~ and expenses, each and every, shall be immediately due and payable; wke~her or not there be norlce de mand, attempt fo toflect or suif pending; end the ivll amount of each end every svch payment shall bear interest trom Ihe date Ihereof until paid al the rate of ~ine per centum pe~ annu::r, and aU said cost:, charges and expenses incvrred or paid, toflethe~ wi~h tuch intzrasl, ~hall ba secured by the lien of thi~ ~ malgage . _ 6. That (a) ~n the event of any breach of this Mortgape or default o~ tF+~ part of the MORTGAGOR. or (b) in tha event any oi said sums o! rr.oney here(n relerred Io be not promptly end fully paid wilhin thirty (30) days nexl after the same severally become due and payable, wi~houl demand or notice, or (c) in the event each and every ~he stipulations, agreemeMs, conditions and covenaots of~ sa:d promissory note and th~s mortgage ~ny or eithe~ are not luly, promptly and futly performed, d~scharged, executed, e(tected, canpleted, complied wilh and ebiJed by, then in either er any ~such event tke said ag~ yregate :um mentioned" in said pramisao:y note the~ ~emaining ~npaid, with interesl accrved, and alf mo~eys secured he~eby, shall betome due and pay- able forthwith, or thereafte~, at the option of said h10RTGAGEE. as i~lly end completely as ii all of the said sums of money were originally ar~pulated lo be pa~d on s~th day, anything in said promissory ~ote or in this Mortgage to the contrary notwithstanding; and thereupon or thereaiter al the option of : said MORTGAGEE, witho~t noti:e o~ demand, suit at law or in equity, therefo~e or therea(ter begun, may be prosecuted as if all moneys secured hereby had matured p~iot to its institution. 7. That in the event that at tha beginning of or at eny time pendirzg a~y suit ~pon this Mortgage, or to foreclose it, or to reform it, or to eoforce ~ payment of any claims herounder, said MORTGAGEE ahal; apply to the Court having jurisd:c~ion thereof tor IAe appolntment of a Receive?, svch Ca~rt shall forthwith appoiM a receiver of said mortgaged property all and singuler, ind~dmg all and singular the incomr, profits, issues and revenues irom wfiatever ` _ tource derived, each and every of which, it being expresely understood, is hereby mortgaged as if speufically set forth and desuibed in the granting and - . habendvm clauses hercof, and svch Receiver shall have all the broad and effective funct~ons and powers in anywise e~e~usted by a Court to n Receiver, and tuch appointment shall be made by svth Co~rt as an admitted equiry and a malter of absolute right to said MORTGAGEE, and withovt reterence to the adequacy or lnadeq~acy of the value of the property mortgaged or to the sotvency or insol~ency of said MpRTGAGOR or the defendants, and that such ' rents, profits, income, iss~es and revenues shall be applied by such Reteiver accord~ng to the lien o~ eq~ity of said MORTGAGEE and the prectice of such - Court. ~ 8. To duly, promptly and fully perfwm, discharge; execute, effect, comptete, comply with and abide by each and every the stipulations, agreements, conditions and covtnante :n said promissory nore and ~his mortgage set forfh. ~ 9. That in the .:vent the ownership oF t~~e mortgaged premises, or any part thcreof, becames vested ln a person other than the MORTGAGOR, the : MORTGAGEE, its successors and assi9ns, may, without notice tp Ihe AtORTGAOR, deal with such successor or successor i~ interes? wi~h reterence to this _ mortgage and tha debt hereby secured in the same manner as with Mortgago? without in any way vitiating or discharging the -Mort9agors' liability here- _ under _or upon 1he debt hereby secvred_ No sale of ;he premises hereby mortgaged and no forbearance on ~he parl of the NIORTGAGEE or its successors ot asi~gns and no exte~si~n of the time for the ~ayment of the debl hereby secured given by the MORTGAGEE or iti successors or assigns, shal) operata to release, discharge, modify change or afted the original IiabiGty of the M~RiGAGOR herein, either in whole or in part. _ 10. 11 is specifically agreed that tima is ui th,~ essence of this contract tnd that no waiver of any obligation hereunder or oF the obligation se- _ cvred hereby shall at any time thereafter be held to be a waiver of the terms hereof or of tfie instrumero secured herby. - - _ 11. In add~tion to the fo?egoing mo~thly paymants of princ'pal and interest required by the promissory no!e secured hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additional su-n estimated by rnortgagee to be equal to 1/12 of the annual cost of the follow- ing: - A-All real property taxes levied or assesizd against the above described real estate. ! ~ B-Pramivms on fire and windstorm insurance as herein requ~red to be tarri_d on the improvsme~ts siluate on tha above described premises. t t - ~ C-Premi~ms on such mortgage guaranty insurance as mortgagee shali from tlme to time deem fit to carry on the loan secured hereby. ~ Mortgageershall from time to time nolify mortgagor in writing of tRe amount due and payab!e hereunder and svch sum shall thereupon be due ar.~ . t - payable on the due date of the next monthly payme~t and each successive month thereafter ur,ti: mortgagee shall noflfy mortgagoe of a change in wch 'i ~ amo~nt. Suth sums shall be apRlied by mortgagee toward the payment of real property taxes, insvrance ptem;ums, and mortgage guaranty insurance f premiums. _ _ _ ~ _ TNESS W EREOf, tF.e said MO TGAGOR has hereunto set his hand and seal the day and year first aforesaid. , Sign Seal fand d ivered in t presence of: ; ~ ~~~~a~ ~ ~ ~ A~1 t hea htcCc~ 1 um_, ~ ~~an _ f. A :;li~~ow - # (Ssa1) . ~ . _ cs~an - : STATE OF FLORIDA • - ~ ~n~~ian River - _ counmr oF - - - Before me aersona[ly appeared __QL~HEA ~SC~I,LU~i, pi :~)I~C);d ~ _ -aad. -hfs"wifr, to me well known and knovm to me to ba the individua!! described in and who executed the foregoing instrvment, and acknowledged befwe me that ~}h t~ executed the same for' the ~pyrp.~ses - ~ ~herein expressed. ~1nd-the~ai~ ' F ~ Wlf@ ~4~~IQ ]ala ' . ~T•~i~."~s•S~_4i~•:•' . -e~aminetim-trj ~r?e -lai~en ~s ssah-awi '~A~ ~ , e! +4~{~-fsoRS-twr-ao+l ~?wband,-~tkaawle~ig~i.to.awd-b~for~+n~ t~at.shs.ezewted sa+d:Jyr~~z~ea! -tar~tq-arnt~wtrhaarany- mmputs~orr; ttmrnahTr, -apprehersst~n, ror frar ~i-o?-fram her snh! f~~z(san~'-. _ /'~d _ ; ' ` C r ' _ . WI2NE55 my hand and offecial seal this 3 r day of -7une 19.r~ . _ . . , ~r . , ~ ~.~~~3', _ . - _ ` 5? ~ ~ s F f n~~h1,.. - - : ~ - : Notary PublBc in artd for the` S{it~bf F{cZrjOa~~st~e~~ _ " - My Commission expires: ~1 ` ' ~ = ~ ' Return To: - ~t"`: ~ 7~ 4 "`~~''=.iA _ . . ~ ~ o t~ _ : ro 1~.;<<- ; Fint federal Savings d. Loan Auociation ~ - s=3~ ' ~ . . -tif ^ - Cf Forf Pierce.~ P .O . BpX 2847 - - • ~ - 1~: ~ ~ <c _ i~a~se~sKid~da Ver~ Beach; Flori~a 32-?b0 ~ 0E~ t _ - ~ _ _ - . ~LE~ iE ~4U1~1~R f1J?• ~ 1 I ~jWOER POrZR~s - T ~ ~ - This Instrument PreQared By Richarci V-. tio~e . ~t~,~KCiR011Q~~ ` First Federa) Savmys 8~ Loan Association RECO~ y~Ai~yE - of Fort Pierce ~ F 1 t~ r i da ~ ~~~5 _ ~ Checked 8y ~ ~ - ~ o R _ - . 31~'7U ~ . , ~ ~~ox24o PA~E~o~o ~ ~ cf _ ~~'I ~ ~ . ~ ~ ' ' ~ _