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Home My WebLink About1643 3. To place and continuousty keep on iF.e bu~!d~ngs now or hereafter ~ituate on said land and on a~l equipmenl and personally cove~ad by 1hi~ mo~lg• ago, wilh all premiums Ihereon pald in full, iire insurance in Ihe ~sual standard poticy form, ;n a sum approved hy the h10RTGAGEE, and windstotm insurance in the ~sual s~andnrd pol:cy fo~m, in a s~m approLed by the MORTGAGEE, in s~ch company or companies as the h10RTGAGEE may direct; and all fire a~id w~ndstorrti inturance policies on any of said build~ngs, any interesl therein or part thereef, in the aggregare sum aforesaid or (n excess Ihereof, shall contain 1he usual ~•andard mortgagee clause or such o~her clause as the Mortgagee may require, meking the loss under said pali- cies, each and every, payable to iaid A10RivAGEE as ~ts interzst may appea~, and esch and every such poticy shall be promptly ass:gned and dziivered to eny held by said MORTGAGEE as (urther security to said mortgage debt, and, noi less Ihan ten (10) days in advance of the e~cpiration of each pol~cy, to dr liver to said A50RTGAGEE e rene~val tliereof, together with a receipt for the premium of suth renewwal; and there shall 6e no fire or windstorm insurance pleced 4n any of said buildings. any interest therein or part the~eof, unless in ihe form'and with the loss paya6le as aforesaid; and in the eveN any sum of money becomes payable under such policy or policies said MORTGAGEE shall have ihe option to receive and apply the same on atcou~t o~ ihe inde6led- ness secvred hereby or to perm~t said h10RTGAGORS to receiva and use it or any par~ thereof (or other purposes, wlihovt th~reb,~ waiving or ~mpair- ing any equity, lien or right vnder or by virtue ot th;s mo:tgage; and in ihe event sa~d MORTGAGORS shall for any reason fail to keep the said premises so ins~red, or fail to detiver promptly nny of said polities of insurence to said MORTGAGEE, or iail ptomptly to pay fully any premium iheteior or in any respect fail to per(orm, discharge, execute, ef(ect, complete, comply with and ab~de by this covenant, or any part herrof, said A10RTGAGEE may plate and pay for such insurance or any pa~t thereof without walving or affecting any option, lien, equ~ty, or righi under or by virtue of this Alortgage, and the f~ll amount af eath and every such payment shall'be immediately due and payable and,shall bear interest from tho date thereof until paid at tha rate o1 n~ne par centum per annum and together ~n•ith such interest shall be secured by the lien of this morlgage. 4. To permit, commit or suffer no waste, impairment or deterioration of said property or any part thertoi. 5. To pay all and singular the ~costs, charges and expenses, including a reasonable attorney's fee and costs of aEstracts of title, inc~rred or paid a~ any time by said MORTGAGEE, becaus! or in the event of Ihe failure on the part of the said l~50RTGAGOR to duly, promptly and futly perfrrm, discharge, execute, effect, complete, comply with and ab;de by each end every the stipulations, agreemants, conditions, and covenants of said promissory note and this mort9aga any or ei~her, and sa~d cos~s, charges and expernes, each and every, shall be immediately due and payable; whether or not there be notice dz mand, attempt to toltett or suit pending; and fhe full amount oF each and e~ery such paymenl shall bear interesl from Ihe date thereof until paid at tht ra~e of n~~e per centum per annurn; and a~l said coits, charges and expenses incurred or paid, together with such interest, shall be secured by the lien of this mortgage. b. lhat (a) in tha event of eny breach of this Mortgage or defaull on the part of the h10RTGAGOR, or (b) in the event any of ~a~d sums of money herein referred to be not pror-~puy and fully paid within thirty (30) days next afier the same severally becorr,e ciue and payable, wi~hout demand or notice, er (c) in the eve~t each and every the stipulations, agreements, conditions and tovenants of sa;d promissory note and this mortgage any or either are not ~uly, prom~tly and fvlly performed, d~scharged, executed, effected, completed, tomplied v+ith and abided tiy, then in either or any such event the said ag~ gregate sum mentioned in said promiisory note then remaining unpaid, with interezt acoued, and all moneys secured hereby, shall become due and pay able fortliwith, or thereai:er, at the option o} said MORTGAGEE, as fully ar.d comFle!ely as if all of ~he said sums of money N•ere origir,ally s~~pulated to be paid on such day, anything in sa:d promissory note or in this hlottgage to Ihe to~~trary nohvithstanding; and thereupon or thereaitet at the oplion of said MORTGAGEE, withoul notice or demand, suit at law or in equity, therefore or thereafter begun, may be prosecuted aa if all moneys setured hereby had matured prior to its ins~itution. ~ 7. ihat in the event that a? the be innin of or at an time end~n av su~t u on this Mort a e, or to foreclose it, or to reforrsi'~t~'bY 40. nforce 9 9 Y P 9 Y P 9 9, . L+ ~ 4 paymeni dfi 5ny tia:~,i3 i~erru~~Get, 3uiu i.ivri(vaG'_[ sra~t appiy ia iTc Lvuii ~•~n~ iur~saicria:z ii;creaz scr ii:a cppc~n::r.eni o: a r.~Fe~i~iri, s`:rzric,~e::i yi:aii forthwith appoint a ~eceiver of said mortgaged property all and singular, indud~ng all and singu~ar the income, proiits, issues and `reJe.nues' frorri 4rhatevgr :ource derived, each and rvery o( wh~ch, it being expressty undarstood, is hereby mortgaged as if specifically set forth and descfi~d ~''~t}~e•granting'a'fd, habendum davses hereoi, and such Receiver shall have all the broad and effective funu~ons and powers in anywise eNrusted by•a•C~ut!'Zd 6'Receive~, aAd~ such appointment shall be made by sucn Court a: an admitted eqviry and a matter of absolute rigM !o said MORTGAGEf,_ ai~d 4vithbyt `~reference to ~~the;: . adeqvacy or iradeqvacy oi the value of the prbperty morfgaged or to the sotvency or insolvency of sa~d MORTGAGOR oc the ilefe dantg;' and thst ;svch=- ronts, profits, income, iswes and revenues shall be appfied by such Receiver accord~ng to the lien or equiry of said MORF,~'iF~G~E~n~th0 pr3ctice~of:sutfi: Court. ' ~ ~ ; : 8. To du~y, promplly and fully perform, discharge, execute, effect, complete, comply ~vith and abide by each and eveiy't~'atipula~ions~.agiePme~lts; conditions and covenants ~n said ~romissory note and this mortgage set forth. ; 9. That in the event the ownersh~p of ths mortgaged premises, or any parf thereof, becomes vested in a person olher tfiap 1h~~h10RTGAGQR; 1he i h10RTGAGEE, its successors and assigns, may, ~vithout notice to the MORTGAOR, deal with such successor or successor in interesf~W,it~, refergnce to this ' moitgage and the debt hereby secured in the same manner as with !~Aortgagor ~vithout in any ~vay vi?ialing or discharging the Mptigagor~~~'liability here- t under or upon the debt hereby secured. No sale o( the premises hereby mortgaged and no forbearante on the part of the 1A~RTGAGEi r iti ssiccessors or assigns and no ex~ension of fhe time for thr payment of the deb? hereby se.ured given by the MORTGAGEE or its svcces~rs or ~ s, sfiaKC~rate to release, d~scharge, modify change or affect the original liab~lity of the MORTGAGOR herein, either in whote or in part. ~ r 10. It is specifically agreed that time is of the essence oi this contract and that no waiver of any obligat~on h~r ~ler or rn h ob! t(~ se- t~red 'nereby shall at any time tFareafter be held to be a~vaiver of Ihe terms hereof or of Ihe instrument secured herby. ~ ~ ~v ' I 1. In aodition to the forCgo:ng monthly payments of princ pAI and inrerest required by the promissory note i~tu~ here~mort or anis ~ and agrees to pay to mortgagee with each mon~hly payment an addir.onal sum estimated by mortgagee to be equal to 1 jl~~af t~e a ual cos ow- ing: (r C7 C` 4J ~ ~ °m-: (1; ~ A-All :eai property taxes lev~ed or assessed against thc ahove described real estate. ~ ; B-Prem~urr+s en fire and ~vindsrorm insurar.ce as here~n requ~red to be carried on the improveme~ts situate on 1h0e~vprd~r~b~p is : C-Premiums on such mortgage guaranty insurar,ce as mortgagee shall from t:me to time deem fit to carry on tt~y~r{~ecu~e~l here ~ ~ Rlortgagee shall from tima to time notify mortgagor in writing of the amounl due ard payab~e hereundar and such~ h~h(pdr ~and ~ payable on the due date of the next month!y payment and each successive momh thereafter until mortgagee shall notify~~gagor gf uch a amount. Such sums sF.ali be applied 6y mortgagee tov.ard the payment of real property taxes, insvrance prem;ums, and.(r~tgage Quaran ~~nce ~ ~ • premiums. ~ ~ O ~ ? . IN WITNE$$ WHEREOF, the said h50RTGAGOR has hereunto sef his hand and seal the day and year first a(orasaid. 'C ~ 4 5i ned, aled and ivere n the esence of: • ~ ~ ~ ~ )Witne sse s as to ~ ~~,q f~~'e~~.~~ )Adolphus Weis x ~~za~~ if /W1t,ri8939S 88 t0 (Seaq ~ )Veronica 'rleis ts~ai~ i STATE OF FIORIDA t ~ S5. j COi1N7Y OF _ St . Lue ie I ~ Before mepersonatly appeared Adolphus ~Vj613~ a sin&le &C3Ult~ ~rsd ~ -#~it w'r4r, to me well known and known to me to be ~ the individvall~~ettci~i4d- in and ~vho executed the forego9ng inslrument, and acknowledged 6efore me ihat-IheT executed the same for the purposes - € 4 therain a~pTeiied.' ~ tiie~ aeid ~ _flif!'~'~!Q' • ~ ~~70r~ a 7ef7ar91'Q"BR(}-pti~9+0 ~~c+~!~~ ~i~i ~yp~.{+_fs~it"~sPxatr and aper~ ive.n-her~aeid ;~w6endrxfe~ewie~cjed- ts ~e~d-beferr rnr ti+M +he <xeewt~d~ ~aid ~sriNrvn+e++t-freely-asid yok~w~ :uril~..a~cl ~j{~,,~r~jc id~~iCia+i,,;or+Mr~iM,-eppref+enr.vn.be- ~/e+~oF er-fronr her seid ~fiesbenrlr ' :~SNIT~E~ aiy ~Fi~~'g~H_offidal seal this day of A. D. 19~~ ~ . v , . ~ . Notary Public in,and for the State of florida at large ~ ' • My Commission expires: f STATE Of f10R~D/V`"'J.. ' ;i~!: rr Puri;,, State .f ~for,da at ~.arge ss. ~ 6 ~h Com*r~ission Ex~:~es ~~a•f. 3, 19b9 COUNTY OF , ~ / YLOL~4 0/ M_tticxn Ffre d Cesc:~!r Co~ S ~ ' ~ Before mc personally appeared Veronie a Tl~ ~ ~ 8 i a sing],e $C~UZ f'i ~ ~ ~his wife, to me well known and known to me to be ~ Ihe individuatrdescribed in and who executed the foregoing instrum-nt, and acknowledged before me that 9he7 executed the same for the purposes therein expressed. -f1nd-?he-aeid i ~ife~o4-fha-seid- ,.rpa a se~arale-and-~priwt~ suMr?ir»tisn-by-rne~aicer+-seperMrsnd•'~ , f'tQ*~~ts'aF ~hnbend~a'GIlRTJIl~L'C~1D tlRj~llOfC Tl~1'I7L'~ ?Fl~ lXGRJ1!'~7DId 7T17t1~(TRf11'~R!'~af1~ tVlpfh L' ~erii~-swd- w~fhs~1~ e~r eornp~,lsiens coe+~b4trr; ~ Fgof~ fea+ bf-or ~rvm~ her- ' fi~b~ rteJr WITNE55 my hand and official u;l~ ~hT~e~~e~5`~~'0'• f= day of ~ A. D. 19_D-Q~ : - ~ ~ ' . ~ . ; ~ i Notary Pub~~c in end for the ~e f F rj~et Large • • C~. ` ` ' My Commissio~ expires: r~ ~~O Retum To: .l' i„'` .4' ` ?t- - . i r.,~~ ~ n_~ ^ R 4•~ ` ~r. :j' . . . C: ~ . . _ r Firc1 Federal Savings 6 Loan Assotia~op'' . , , " BQQK •T ;~G i,j • . . .,S :~~i _ . . . , . . ~1~j.~ ~f f0fi Pierce. . -t`,.. . c.,::c. ~y ~,r.c~.:~a•Fita G Cai~.a!t/ Cc. • • - Y.x~ fort Pierce, Florida + ~ ~ ~