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HomeMy WebLinkAbout1948~o ;~ 3 679 ~. Te pica and ooruYwsously keep M tM btrNdetOt new a hMeeher aMsrele M held lestd M/ M ttN etEsrlpenetlt end pereerteMy covered by tlsM ntaty' age, with all premiurrr thereon paid In fvM, }Ira Msestreesoe M tlse stsstel tlettderd ptsNty fesatti as • tstrn appewd by Nse aaORTOA0E4 aesd wMdstatn Mtswana M the swwl nanderd Polley foeert, In :aunt appwrd btt 11M MORTOA~pEfb M etrds otttttpMy a oprspartNe r Ilse MORTf><AOlfl m+Y tfirectl and eN fTn and windstorm ktestrttna polldea M atsy d held bsAidirsgt. any Ystanet Msarein a pert tlsered, In the egppMe carte aforeaaN a h excess thxeof, shall oontsMs tM uelrel Mandard mortgagee siestas a ssKh otM- tlesree M the Mortgagee maY regstMer rrseLMsg Ilse lose tretder aid pei4 ciao, each and every, payable b saW MORTti/-(iEf « ih Mslereat teat wppeer, and cads acrd every and popgr ahaN a prowtpfiy ettttgrwd ensd depwnd b any iteW by wW MORTGAGEE a further secwNy b said nsatgage debt; and, net Itee flsen tM (Iq dry M aehrarsoe d Ilse expkeflon d rsetds popsy. b d- Ihrer ro sale! MORTGAGEE • nesavtral titerof, lopnhr with • nalpt for tine prenslum d tsreh stows!! and than e1saN t» ne fliN a win~tonrt Inestreesoe placed on any d wid-lsvild'trtga any hNren 1M-eM+ a part thsxeq~. aslaw In the fersn and with 1M kn payable ea alaewk~ end In the ewrM any wtw of money beoornes payable under suds pdky a polidea saW MORTGAGEE sMN haw the option b noaiw and apply the earns M aooowM d tlse ksdebted- rsess secured hereby a b permit aId MCtRTGAGORS b teceM end stw M a any part thereof fa other purpaN, wMhaR thereby watving o- rnWk' I.'+p arsy equity, lien a right ands. a by virtw d this ttsongagq std N tlse evert aid MORTWIGORS shag fa any reaaM faN b keep the aid prensMsa a Insured. a fail b deliver pranptly any d tlald polkiee d Mswrana b ssld MORTGAGE4 a faN P~+wb b WY ~M +ny Pretnlsrn- tlserefa a M arsy respect fall b perfanl, disclswge, axeale, effect, oanpleN, oonsply wMh erd abide by thA aovenard, a any part htsred, acid MORTGAGEE may place std pay for such ttsswersu a any part thereof wHhart waMnp a affecting any option. Bees, egtrNy, a r{pirf ursde- a by vkhre d tlsN Mortpege, and tlse full amount d each and every such payment sisal! be b+enedtateh! dw attd Pey+d+ and shell bear M+taraM irons rise deN tlweof veto!! paid at tl+e raN d nine per rxrnlsrm par annum and tognMr with such interest shell be aecund by 1M Nan d lisle teorgege. :. To parrit, cornitcit or caller eso waste, knpaL-:rten! a asttrioretlors d said property a any pen dsereot. S. To pay all and sMspular the coats, dsargea and expsrwa, M+dudinp • neaonehle ettoeetal/s fee aed cosh d ebst-atde d tk(e, Irsotrned a paid M any time by said MORTGAGEE, because a in tM event d the fallttr on tM part d tlse eatd MORTGAGOR b duly. pronspffy end fully perfortts, dbd+srp# execute, •ffeet, complete, comply with end abide by each std every Ilse stipulatlorta, apeeattsanM, ooesditloets, and oosrersanb d aaM praNsaory nde and thN mortgage any a either, and Bald costs, d+arpes end expenses, eet9s and scary, alssll be itrrrsediately dw and payable! wheihM or tsol then b tsWia d- mend, attempt ro txtllect~r wit pendlnpl and ttse full antourtf d .tech and every atxh peymeM ahep bear Msterest Fran site deN tlsereof trn1N paW n tM rate of nine per centum per annum. and all said costs, cls+r4++ and experues irttsrrred a paid, tognlser wills suds frNeeest, el+all be secwed by tM liar d tisM mortgage. 6. That (a) in tM event of easy breech d this Mortgepe a defauM an the part d the MORTGAGOR, a ~) In the ewM any d Bald cams d trsorsey Mreln referred ro be not promptly and fully paid within thirty' ('JD) days next after the same aewally become dw end payable, without tietnand a notice, or (e) in tM evert each and awry tM stipulations, agreemenh, eordMione end eosgnanN d Bald prawMsory stole and thin magege any a stole. an not iuly, prorrtptly. end.ftrliy performed, discharged, executed effected, oontpleted cortsplied watts and abided yy, then N either a any cads event tM said W gregaN sum mentioned in aid promissory note then remaining unpaid, with InterNt aocrwd, and all mpneys ser:urd hereby,. shall beeoerte due and pap able forthwith, 01 therNfter, at tM option of said MORTGAGEE, at fully and otrtrtpletely M H all d the rid sums d money were origirsally nipulated to be paid on such day, anything in said promissory noN a in thh Mtsrfgege ro tM contrary tsottwlthstaedingl and tlseresrpon a thereafter N the option d said MORTGAGEE, without notice a demand, suit at law or In equMy, therefor a thereaftN begun, may be prosecuted a if all moneys severed hereby had matured prior to iri institution. 7. TMt in tM event that at the beginning of or at any time perdirtg any wit upon this Mortgage, a to foreclose it, w ro reform it, a to enforce payment of any claims hereunder, said MORTGAGEE sMll apply to tM Court havirp jurisdiction thereof fw tM appointment of a Receiver, such Court atoll forthwith appoint a receiver of said mortgaged property all and slrsgular, Including •11 end atrtgvlar tM income, profin, issues and rvenws from whatever source derived, each and every of v.hich, it being expfessly understood, is Mrby mortgaged as if specifically set forth end destxibed in tM gremirtg and hahndum clauses hereof, and such Receiver shall have all site broad end affective functions and power in anywise entrusted by a Court to a Receiver, and such appointment shall be made by such Court es en admitted equity and • matter of absolute tight to said MORTGAGEE, and without referertu ro tM adequacy or insdequacy of the value of tM property mortgaged or ro tM solvency a insolvency of said MORTGAGOR or tM defendann, and that such rents, profits, incaYte, issues artd• revenues atoll be applied by such Receiver eaording to tM lien a equity of aid MORTGAGEE end tM predice of such Court. 8. To duly, promptly end fully perform, discharge, execute, effect, complete, comply with and eblde by each end every the stipubtior», preemsnts, conditions and covenants in said promissory note end this nbrtgWe set forth. 9. That in the event the ownership of the mortgaged premises, or any pa-t thereof, becomes vested in a person other than tM MORTGAGOR, tM MORTGAGEE, its successors end assigns, may, without notice to tM MORTGAOR, deal with such suttessor or successor in interest with reference to this mortgage and the debt hereby secured in tM tame manner as with Mortgagor without in any way vitiating or disdtergirtg tM Mortgagors' Ilebility tort under or upon the debt hereby secured. No sale of tM premises Mreby mortgaged erd no fabearsrta on tM part d iM MORTGAGEE a its successor or assigns and no extension of the time for tM payment of tM debt hereby secured given by tM MORTGAGEE a iM ssrcpssors•a assigrss, atoll operate to release, discharge, modify change or effect tM original liability of tM MORTGAGOR harm, either In whole a In pert. 10. It is specifically sgreed that time is of tM essence of this contrail and that no wehrM d any obligation Fserswtder a of tM oblfgatwn see cured hereby shall at any time thereafter be held`to be a waiver of tM terms Mreof a of the Itrtrsrresent secured herby. IIJ WITNESS WHEREOF, the said MORTGAGOR has hereunto set his Mrtd •rtd seal the day ertr~yeer first aforesaid. Signed, Sealed and delivered in the presents of: • ~/1~ ~ ///1/~ ~.al~ e5ea0 t5ean STATE OF FLORIDA Sainfi Lucie COUNTY OF f- Before me personally appeared _ '""- _~~Slewi(er 10 rrse vrll known aril known ro .rte to be 1M individwl>t dexribed in and who •tlecuted tM foregoing instrument, aril adtrwwledped before ttte that ~Mey- exeanad fM same for tM purposes N~ therein expressed. Atd tlte-selr} ~Y!TNESS my Fend end efficiel seal this.. ___. (_ ~_ day of Return To: First Federal Savings 8 loan Associetien Of Fort Pierce. Fort Pierce, Florida a ;, ... , ~~ ~t J ~ ~. 7 i • ' ._'~,.~ ~ ,a • _; , •' .~` '''~•r,~,,,.,•.s tr t\ i A. D. 19 G / My Consnshslen Jfames Merritt, a widower ~~?_ ~)~ .., ~r~(l r+~ /~.w ~ s p~ ~ ~3 X111: ~~ rn:::: - .,. . -. a 3raN d Fiq-Wa it large ~ Slate of Fbida at large 1lotary M~ Commission Ecpires l+n. 24, 1964 aoadad b A.arK.w i.n a Cu~ath G. ~ .~ 1. ~ ', ~ ~ , _ `i = ~~ '~ .~ ,_. ~~ ~~ . _ r., i . \ ~,:r ~ ' ,.,. • 3r~?Ji~