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HomeMy WebLinkAbout0434 "'--~ n, t. 80:. 57 fA~[431 :I. To pl.ce .nd continuously k..p on 11>0 building. now or "-r..fler oitv.I. on ,"id land and on .11 aqulpmanl .nd ~rscnllly co...ered b'f Ihl, "'orlg- ';le, wilh all premium. IhereOtl pa:d in full. lire Insu,.nc. in Ihe u.ual ".,..,<fard policy form, In . wrn .pplo....d b7 Ihe MORtGAGEE, .nd winOlarm In.urlnce in Iha 1.1.1.1.1 "In<:lard putie)' f?<m. In I .vm appro...ed by.lhe MORTGAGEE. In ouch complny vr comp.nits .. Ih. MORTGAGEE nuy direcl; .nd all fire .nd windllorm In.urance pollcle. 0'\ .ny of uld bu!lding., .ny In!ere.I lher.in or ~ri IMreof. in Ihe .ggreg.'e .vm .foreuid or In ~xcell lhereof, Ihall conllin Ihe "'-1.1.1 ,'and.rd mOllg~6(> cia"". at .uch oll>or e1IU" II ,h. Morlg.gee rnlY raqv:re m.king Ih. lOll under ."d poli. ci... eoch .nd e..ry, p.y.bl. 10 ..id MORTGAGEE .. il. Inlere,1 mey .p~". and uch .nd ....ery .uch policy .hell be promplly u. gned end delivered '0 any held by uid MORTGAGEE a. furlher .ecurily 10 wid motlgag. debl, .nd. nol I... :nan I.n (10) d.y. In .d....nea cA Ih. explr.lion 01 each po,icy, 10 de- li....r 10 .aid MORTGAGEE a r.new.1 Ihereof. log.,he' wllh . receipl for the premium of .uch refleW. I; .nd Ihere .hall be no fire or Wlflu"orm in.ur.ncc pl.ced on any of &lid building.. .ny In'are.' Ih.r.ln Of ~rt Ihareol. Unhll In lhe form .hd wilh Ihe lOll p.y.bl. II alorelaid; .nd in lhe evenl any .vm 01 mon"y ~ome. Ply.bl. under .uch polley or polici.. uid MORTGAGEE .hall h..... Ih. Oplion 10 recei.... and apply Ih,) ..me on accounl 01 th. indebled, neu lecured hereby or to permit ..id MORTGAGOR!' 10 receive .00 VI. It Of .ny pllr' thereof for other rurposes, without thdrt.-b,. W.,i\iII'J l.,r 1:I'pJII" Ing eny equity, lien or righl ~nd.r 0: ~y ...lrlu. 01 Ihl. morlg.ge; ....d In lhe e....",I uid MORTGAGORS .h.1I for .ny reuon f.1I 10 keep Ih, I>id premi... .0 in.ured, or foil 10 deli....r promplly .ny 01 Slid policle. of In..".nc. I" laid MORTGAGEE, or foil promplly 10 pay fully .ny premivm therelor or i" .n'( re.pecl I.il 10 perlorn.. dilCharg.. UKule. ellKI, compl.le. comply wl:h .nd .bide b.,. Ihi. co...en.nl, at .ny porI hereol, soid MORTGAG[E m.y place a"d pay lor .uch in.urance or .n.,. ~rl Ih.red wilhout wal...lng or .II<<Iing .ny optio.~, lien, eqully, or righl under or by ..."Iue of Ihi. Morlg.ge. and th. lull am"un' of each and e...ery .uch ~y.nenl .hall ~ immedialely due and peYlbl. Ind ,hall \.,ear Inter." from Ihe dale Ihereof un.il paid at Ihe rale 01 nine per cenlum per .nnum and logelher wilh .uch inlerest ,h. II be .ecured by Ih. li.n of Ihil morlg.g. A. To permil. commil 0< luff.. no Will.. Imp.irm.nl or deleriorltiOtl 01 &lid property or any plrl Ihereof, 5. To PlY .:11 .nd 'Ingul.r 1M co,h. ch.rgea Ind exp.n.e.. Including. reuon.ble .1I0m.y'. fee .nd co'" of .b.tract~ 01 tille, incur,~d or paid al .ny lime by ..id MORTGAGEE. beCIU.. or In Ih. e....nl of Ihe hi lure on Ihe porI 01 Ihe uid MORTGAGOR 10 dvly, promplly .nd lully perform, d.\Charge. execute, effect. cO:'np!ete. comply with .nd abide by each .nd every the .tipdationl, agreementl, conditions, and covenantl of laid promhsory note and thi, mor!y.ge .ny or .ither. .nd Slid COlt., chorge. .nd exp.n.... each .nd .....ry, .hlll be Immedi.tely due and ~y.bl.; whelher or not Ihere be nolice de m.nd. ."."'pl 10 collecl or suit ~nding; Ind Ih. full .mounl of each and e...ery .uch p"""enl .h.1I belr inlere.1 Irom Iha dale thereol unlil p.id al Ihe rMe of nine per cenlum !'<Ir annum; .Old all soid co.... ch.rge. .nd expen... incv'~ed O!' ~id. logelher wilh .u,h Inl.re,l. .h.1I be .ecured by the lien of Ih" morlll.ge. 6. thaI (.) in Ihe e...enl 01 .ny breach of Ihi. Mortgage or del.ull on lhe part of Ih. MORTGAGOR. or (b) in Ihe e...enl .ny of lOid .um. of money herein referred 10 be nol promptl.,. .nd fully paid wilhin Ihirly (30) do.,.. nexl .It.r lhot lame .e"erall.,. become due .nd p.yable, wilhoul demand or no.ice, or (e) in the event each and every the .tipu~alion'. agreements, conditions and covenlnh of said promillory note ,nd thll mortgage on)' or eit~..,r are not 1uly, promplly and lully perlormed. d,lCharged. exec'.Jlecl. effecI.d. compl.led. compli.d wilh .nd .bided 'oy, Ihen in eilher or any .v,h e...ent Ih. .a,d .g. grog.I~ .um menlioned In Slid prom:uory ncle 'hen r.m.ining unp.ld, wilh Inl.re.1 accrued. an~ .11 money. .ecured hereby, .hall become due and p.y. able lorthwi,h. or lhere.fter. al Ihe oplion 01 uid 1w'.ORT'GA::>EE. II lull.,. .nd complelely .. if all of the ..id .um. 01 money w.re oroginally "'pulated 10 hI: paid 0tI luch d.y. .nything in uid promi'.ory nol. or In Ihi. Morlg.ge 10 Ihe conlrary nOlwith.tlnding; and thereupon or Ihere.It.r al .he option 01 .aid MORTGAGEE, wilhou' notice or c!em.nd, .uil II I.w or In equity, Ih.relor. or Ihereafter begun. may be pro.eculed u if .11 money. .ecured hereb" :Iad maturc.."d prior to its inuituti("ln. . I. Th.. in the e...enl Ihal .1 Ih. beginning of or al .ny lime pending .ny .uil upon Ihil Morlgege, Or 10 foreclose il. or 10 reform iI, or 10 enlorce p.ym.nl 01 any c1.im. h.reund.r. uid MORTGAGEE Ihall .pply 10 Ihe COurl h....ing jurisdiction thereof for Ih. appc.inrm.nt of . Recei...er, .uch COUrl Ihall lorli.wilh .ppoinl a receiv.r 01 laid morlgaged properly .11 and .'nllular. lnciud'ng all .nd .ingul.r Ihe income. prolil'. illue. and revenue. Irom wh,tever .Iource derived. each .nd e....ry of which. il be'~ exprellly underuood. i. hereby morlgaged .. if 'pecifically .el forlh .nd de.cribed in Ih. granling and h.ber.dum c1au.es hereol, and .veh Recei...er .hall ha...e all Ihe br~d .nd effecri...e funClion. and powell in anywi.. entru.ted by a Covrt 10 e Recei~.r. and .uch appoinlm.nl .h.11 be made by .u<:h Courl .1 ."' .dmitted equity .nd . mailer of ab.olule ':ghl 10 Slid MORTGAGEE, .nd .....i.houl relerence 10 Ihe edequacy or in.dequacy of Ihe ....11.1. of Ih. properly morlgaged or 10 Ihe solvency or in.ol...ency of uid MORTGAGOR Ot Ihe d.fendants. .nd .h.1 .vch rent.. profits. income. illu.. and re...enue. .h.1I be applied by .uch Recei..."r accord;ng 10 :he li.n or equity of soid MORTGAGEE .nd the practice of ~,-,ch Courl. B. To duly, promplly Ind lully perlorm. dischorge, .xecute, effecl, complele, compiy wilh .nd .bide by each and e...ery Ihe ,'ipula'iofll, agreements. condi:ionl and co...enanh in laid promissory note and this mortgage let forth. 9. Th.1 in Ihe e....nl Ihe ownership 01 Ihe morlgaQed premi.e., or any parI Ihereof. becomea ve'led in . per.on olh:!r Ihan Ihe MORTGAGOR, Ih. MORTGAGEE, its luccenor. and anigns. may, .......i'hou1 nOlice :0 th~ MORTGAOR, d~al with such lucceuor or lucceuor in interest with re~erence 10 Ihis mortgage and rhe debl hereby .e<:ur.d in Ih. sam. manner 81 wilh Mortg.gor wilhoul in .ny way ...ili.ling or discharging Ihe Morlgagors' li.bility hre- under or u~'n lhe debl hereby .ecured. tlo .al. 01 Ihe premi.e. hereb'f mor'glged and no Icrbr!.rance on Ih. part 01 .he MORTGAGEE or its .,-,ccessor. or a..igns .nd no exlension of Ihe time for Ihe p.ymenl of Ihe debt hereby .ecured given by the MORTGAGEE or ir. Succenors or '",gn., .hall opera.e 10 relea,e. d,schorge. modily chllVJe or IIIecl Ih. origin.1 li.bilily 01 Ih. MORTGAGOR hereir., eilher in whole or in parI. 10, I' i. .pecifically agreed Ih., lim. is 01 Ihe .lIe"ce of Ihi. contracl and Ih.. no wai...er 01 .n.,. obl;;j..jon h.reunder or 01 Ihe oblig.1ion .e- .:ured hereby .hall .1 "'y lime Iherealr.r be held 10 be a wai....r 01 Ihe lerm. hereof or of Ihe ir,llrum.'" .ecured h.rby. 11. In addition to the foregoing monthly payments of princ'pal and inf~resl required by the prom:nory note- secured hereby, mortgagor co...enanh and agrees to pay to r:-1ortg~gee with each monthly payment l!:n ac.:ll1ional sum estimlllcd by mortgdgee to be eq\J41 to 1/12 of the dnn~i!1 cost of the (Ol,OW- ing; A-All reel properl)' lue. levied or .lIe:sed .g.in'I Ihe .bo.... de.cribed real e.lale. B-Premiums on fire ,nd windltorm insurance al herein required to be carded on the- improvementl situate on the above described premises_ C--Prclniums on !luch mortgage gUllranty :nsurance as mortgagee shall from time to tim~ deem fil to carryon the loan secured herebf. ft,ortgagce shall horn time to time notify mortgagor in writing of the an:ount due and payable her€:under and such lum shall Ihereupon be due a..-.u payable on the due date of the next monthly payment llnd etlch successive month thereafter unJil mortgagee shall not;fy mortgagor of a ch-1nge in such illnOunt. Such sums shall be applied by mortcagee toward the payment of real property taxes, in~uran<e prem;ums, and m'Jrtgage guaranty insurance prernium" hereunlo .el hi. hand .nd .e.1 the day and year first af('lrc~aid. L) ~ ' ~ j 'i -- ~y tl(Se.l) C _(See I) ().-U(J~ (Se.l) (Se.I) STATE OF FLORIDA COUNT'!' OF SaJnt Lucle ss. Belore me personally .ppe~r~ fl. nna R. widow ~J: Roya, R :.\ " " \~,Jt,r' ]rlK~, 10 m. w.li knoWh ",nd",~ lp 'aie 10 be the '"di...idu.>, described In .nd who uKvled Ihe foregoing instrumenl, ond .ckno.....ledged before m. Ihat >>.xv ex.cuI~"I,*..un;e for Ih~"~~Fo.e. Ihereln expreued. JI\XdCflW(j(llI' ShA .- ,:?:, '.,"_~ .r.fI05KOlIi<MiltL- :, ~{~~~K OCMT~>>illrK~)l1)4iJUtiKlJt~)fXlKl6l[ljilc]( ~ x.lHd6~~tKLli8)bill<iC.N<iM{ >>X XsXdiUW~ x.~~,*;r..x.ilY~~tl!t;( OO~YJil(dCy{j)f)~~~i4rl(~iW;)i~)t'KJiX~K,*~KeJCS(lK~._ ". <<'~, t. :' t-..... .: WITNESS my hand .nd ollici.1 ....1 Ihi.~.2 -uJ.. day oL' FA brua ry ~ .,.. );-:'" ~. D'..l~0-+ /-:::::;> ./' '4!/ '/' /. "..., '.......,..., .. (~2~/-i./ c::>'. L !--v ., ':1 ,~q ....~..:... 113418 Nolory PU?Ii: in .~ for Ihe 51.'". 0' sClor{o..cJ\~wa~:'at Large M.,. C"mml.llon .xp"l.!l.Qlllry PubliC. a e , 1 ev r. My Comm;ssion Exp:res Nov. 3. J.JJ Bonde.d by Amen;;,3n SurelY Co. 01 N. 'r. FiliI Fed.ral R.turn To: S....ing. & lOin 01 fer' ?,.rce. flL(D i\~m Rf.CORO~~ \~. _ OHicia\ Retold.' .JQK \%3 FEU 22 \.Jl~ 2: 52 ;:R PO\1R.b.S. \l~~\\\ p;t> (' ~ 0 ~UC If. CQU~ln, flu R IU t'/J u . pC~-' '.' Auocietion Fort Pierce, Florida .... . '.'t' r,,'. r'..) . ,...... '. ". ~ J ,"c:';' \ C{,'( '../\ }.... . "~\ r ....:'-', ...'--. . , ~ 'j ') , . :0 : ' ~ .: (:...; -. ,.,.., " ......' ~') .,' ::: T. .,' ) u ,;. v ". 'j .. ....\\' o ..... o J Ji~