The URL can be used to link to this page

Home My WebLink About1883 3. To plats irrd eontirwoara)y krep on Nte pulkt3trtpa ww a !!+rosfter situate on said land and an all egviQment and pers+rtally covered by th4 mortq- sge, with ell premivm- tMnon paid in fa,:l, fire Srsesrrsiscs it tM uawl steederd pvlk~y fare. M sawn approved f+y tM MORTGAGEE, and windstwn+ Inaurarrp In rise usual sarrderd pniky iortttr fn a strm approved by tl+e MORTGAGEE, to avch company a companlea p qv MORTGAGEE may directr and sN fire and windetorsts fttstxtt:tos po4cles ran any e>f said buildinva, arly frsteraas therekt a part ther~f, In the aggrega!a loco aforesaid or fn excsa tf•eraef, shall comaln rite usual stondxd nrorsgsgee decree a such other c(esrse a fire AAsrsgagee cosy recprire, making the Ices under said poi i• ties, each and awry, payable b said MQRTG~EE a !fa lntered rway pppser, and saKh and awry wsh policy shall be prwnptly au.grMd and delivered to any Mld by said MORTGAGEE as funhw aenraity to acid tnortpsaa debt, end ^°+ 1•+1 than ten (10) d.ya In ad'v"':" :,: the axptrstion of escn polky, to Jr liver to sa!d MOR'liACiEE a rstsewel Ifsereof, togeafser whit a rapipt for th- prea.nrrta of such renewal; arrd them ttFtall be rw fire a wlncfstorm inuraxe plied on any of paid bulldirsgs, any Issdreet Nwrein a part tfsere¢4, w+:esa in the farm and with tM lo~a payable w aforesaid; and in the avant any sum of mon.y be.omea payable under aueh policy tx polieiss- said MORTGAGEE tMll Mw tM option to receive and apply tM same on saovnt of rho indebted- ness secured hereby or ro permit said MORTGAGORS ro receive -r+d use N ar any ppart fMreof for other purposes, without therrb~ waiving or irnpeir- InQ any equity, lien or right under a by virtw of this rfwrtgapsr ar+d.in the event s•~d MORTGAGORS shall for any mason fall to keep tM uid premises so Insured, or fail lu deliver promptly any of said polic'tet of Insurance to acid MORTGAGEE, a fail promptly to pay fully any premium therefor or In any rwpsct fall to perform, dixharge, execute, effect, tempters, comply with and abide by ffiis covenaN, or arty pare Mraof, said MORTGAGEE may place and pay for such Iraurart~e a any part thereof without waiving a affecting any option, Ilan, equlry, or right under a by vlriw of th)s Mortgage, and the full artrount of each and awry such payment sMN be immea?etafy dw and payrbla and shall t»ar Interest from tM data thereof until paid at the rats of r,irse par canton pp annum and topetfter with -uch Interest shall be sscvrect by tht lion of this mortgage. a. To permit, ownmH or suffer rte waste, knpalrment a deterlorstivn of add property a any part tMrarof. S. To pay all and singular tM cats, charges and expenses, inclvdirp a raasonable attorn.y's fee and costs of abstracts of title, Incurred or paid at any lima oy saW MORTGAGEE, bscwh a in tM fYMt of the fsilun on the pan of 1M said MORTGAGOR to duly, prompYy and fully perform, discharge, execute, affect, compleN, comply wills and abide by each and every tM stipulations, agreements, conditions, and covenants of said promissory note and this mortgage any or Neher, and said coats„ charges and expenses, each and every, shall be immediately due and payable; whether a not tMra be notice do- mend, anempl to collect a suit pending; and rite full snbunt of each and every such psryment atoll boar Mters:! from tM date thereof until paid at the rare of nine par canton par annum; and all self costs, charges and expenses ir-nrned a paid, togatMr with such inteteat, shall M secured by tM lien of this mortgage. 6. That (e) In tM event of any branch of this Mortgage a default on the pan of tM MORTGAGOR, or (b) In the event and of said sums of money herein referred to be not promptly and fully paid within thirty (30) days next after the same severally become due and payable, without dement: or notice, a (c) in tM swot exh and every ti» stipulations, agreements, conditions ar,d covenanb of said promissory note and this mortgage any or either are not duly, promptly and fully performed, discharged, executed, affected, completed, complied with and abided by, then in either or any such event ;hs said aq- gregats sum mentaned in said promissory note than remaining unpaid, with interest accrued, and all moneys secured hereby, shell become due and pay able forthwith, a tlureehar, et tM opY,on of said MORTGAGEE, ss fully end completely ar if all of the satd sums of money ware originally stipuieted to be paid on such day, anythlrtg in said promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or thereafter at the option of said MORTGAGEE, without rwtice a demand, tuft at law a In eyvity, therefore w thereafter begun, may ba pros-cvtsd ss if all moneys secured hereby had matured prior to ih lntitution. 7. That in tM event that at the beginning of or at any time pending any suit upon this Mortgage, a to foreclose it, or to reform it, or to enforce payment of any claims hereunder, raid MORTGAGEE shell apply to the Court having jurisdiction thereof for the appointment of a Receiver, such Court shall Forthwith appoint a receiver of said mortgaged property all and singular, Inclvdrng all and singular the income, profits, issues and revenues from whatever source derived, each and every of which, It being expressly understood, is hereby mortgaged as if specifkelly set forth and desuibed in the granting and habendum clauses hereof, end wch Receiver shall have all the broad and effective function and power In anywise entrusted by a Court to a Receiver, and such appoint;-.ant shall be msda by such Court as an admitted equfry and a matter of absolute right to said MORTGAGEE, and without reference to the .d.c.uacv or Inaderawcy of the value of tfie property mortgaged or to the wNerscy or inalwrtry of said MORTGAGOR a the dependents, and that such rents, profits, income, issues and revenues shall be applied by such Receiver affording to the lien w equity Qf said MORTGAGEE and the practice of such Court. 8. To duly, promptly ar.d fully perform, discharge, execute, effect, templets, comply with and abide by each and every the stipulations, agreements, condition and covenenq in said promissory note end this mwtgege sat forth. 9. That in tM avant tM ownership of the mortgaged premises, or any part thereof, becomes vested In a ptrson other than tM MORTGAGOR, the MORTGAGEE, its successors and assigns, cosy, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this mortgage a,td tM debt hereby secured in the some manner as with Mortgagor without in any way vitiating or discharging the Mortg~geri liability here- under or upon the debt hereby secured. No sole of tM premises hereby mortgaged and no forbearance on tM part of the MORTGAGEE or its successors or assigns and no extension of the lima irr the paynant of the debt hereby secured given by tM MORTGAGEE or its successors or assigns, shall operate to release, discharge, modify change a affect 1M original liability of the MORTGAGOR Mrein, either in whole or in part. - 10. It is specifically agreed that time is of the essence of this contract and that no waiver of any obligation hereunder or of the obligation se- cured hereby shall at any time thresher be held to be • waiver pf tM terms hereof or of tM instrunum secured herby. 11. In addition to the foregoing monthly payments of print'pal and interest required Ly the promissory rote secured hereby, ,norlgagor covenants and agrees to pay to mortgagee with each monthly payment an eddltional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the folto.v- ing: A-AI! real property taxes levied a assessed against the above described real estate. 6-Premiums on fire and windstorm insurencs ss hereto required to bs carried on the improvements situate on the above described premises. C-Premiums on such mortgage guaranty insurencs as mortgages shall from time t~ time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mortgagor in writing of 1M amount dos and payable hereunder end such sum shall thereupon be due and payable on the due date of the next monthly payment and each succetsiva month thereafter until mortgagee shall notify mortgagor of a change in such amount. Such sums shaft be applied by mortgagee toward tM payment of real property taxes, insurance premiums, and mortgage guaranty insurance premiums. , I WITNESS W EOf, the said MORTGAGOR has hereunto set his hand and seal tM day and year first aforesaid. g a a delN ed in the presence of: - ~.~L/- . ~ --.(Seal) ~~ (Baal) (Seal) STATE OF FLORIDA St. Lucie u- 000NTY OF Before ms personally appeared C • J • r70hn8on ~ and Patif~nee Johnson his wife, to me well known and known to me to be tM individuals described In and who executed tM foregoing lnstru+~ nt, 'aj~'~d adutowl~9ed before rrte that they executed tM same for the purposes therein expressed. And tM eat Ygt1AriC9 Johnson _ wife of the sold • • O neon upon a separate and private examination by ms taken separate and apart from her said hwband, acknowledged to aruf before rna that she executed said Instrvmcnt freely and volun- tarily and without any compulsion, constraint, apprehension, or fear of or from her old husband. L WITNESS my hand and official neat thi^ e ~~ ' day of ~ T~@CAIi)bA2' d. D. 19 62 N a-ry Publ{c in and for tM State of F{orlda at Large ~S'kr~.o, Commission exp:rsi: .~•` First F` •• e'~~~'Tt ,- Association , R Notary Public, State of Florida at L~r°- = ~•; •~ ',, s My Commission Expires April 24, 14b~ ;•,;~O.t F~(Z~ PJ'; ~ .~ .~ ^~ ~ ~- i • gpttded by American Surety Co. of N. Y. ~- . l;t r . . • '' f ~~ (gyp ..,...,., , :~ pu~~=V. = r) o ~~ Ric u~n~ .. J~~~~,€~}:~~:., ,,F~ ~~r~'`~•4 1961 DEC 10 .Pi"1 3: ~ ~~ - 1 ,:~ ~_,_ ~: _ ~ ,-; ROGER POITRAS CLERK ~ `.,, >.- • , r FLORIDA r,.,.~•~.t,5~., ` r) ~,.- - ~ ~~~~