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HomeMy WebLinkAbout0731 ........:&L-:... t\ ,. ~'j'.', 58 ;~t.t 28 3, To "IHe and conlinuov,ly keep on the bvild'ngl now Ot her.ehot lirvele on said lend .r,d on .11 cqvlp:lMnl .nd pe,...,....ay covered b'{ thl, mortg- ago, w:,h all pr.mivm, I:,or.on paid in full, fir. insvran.. in lhe u....1 ""ndard policy form, in . .."" appto~ed by tt- MOIUGAGEE, and ",'ind.IOtm in.vranco in Ih~ u.val IIanda,d poi icy fOfm. In . lum approved by the MORTGAGEE. in I""h company Of companift .. lhe MOiTGAGEE may d"ecl; .nd. .11 fire and win<:'IOrm Inlvra"C. p".lki.1 on any 01 said buildinga, .ny Inl.relt therain or pert ther&of, In the .Qgr~.te .um alOtc'uid or in u,ce.. Ihereof, ,hall conlain lhe u,e'al Itandard tnOltgag.. c1au.. ()( ,,,,h other c1.u.. a. the Mottg"9" m,y require, making the 10.1 unde, sa,d poli- cie., ~ach .nd every, payabla 10 said MORTGAGEE e. ill inler.II may .ppe.r, .nd .ach and every 1""1. p->Iicy .h.1I b. promplly ...g...d and delive,ed 10 any held by laid MORTGAGEE .1 furlher ucurit{ to uid mo<tg"9. dobl, end, not I.~ then Ian (101 deV- In .cfv.nco of the explr.tion of e"ch pelicy, to d.. liver 10 ..id MO~TGAGEE . renewal Ihere<>I, togelher with. rltCe:pt for tlee premiUM of IV<:h r....w.l; .nd lhere lhell be no fir. or wind.t",m in.uranc. placed on any 01 uid building" any inl..r.at thar.in ()( part thereof. unl.... in t.... fOtm .nd will. the Iou pay.ble .. efore..id; end in tho .vent .ny 'vm 01 money becom.1 payable urder aucl, policy Ot policie, said MORTGAGEE Ihall h.ve the option to reeeive and apply tht Uma on .ccounl 01 Ih. indebted, nen le(..)fe-d hereby ~r to permit Ilid MOilTGAGOR'S to rKeiv. and UM It << any p.aft th~feoi for olher purposel. .....i'hout the-(f>b, wJi.ing or Im~Hir. ;ng .ny equ.ly, lien c.r rigM undcr Ot by virt.,. 01 thil mortg.ga; .nd in tha event ..:d MORTGAGORS Ih.1I lOt .,'y ra..on f.1I 10 keep Ihe ,aid premi.el .0 in.ured, or I.il to deliver promplly any 01 said policiel 01 in,ur.nc. to uid MORTGAGEE, or fad promplly 10 p.y fully any premivm Iherelor or in any re.pect fail 10 perlOfrn, d"c~arll~, eX~"Jle, elleCl, complete, comply .....it~ .nd abid. by t~il co,en.nt, Ot any parI hereol, .aid MORTGAGEE m.y pl.ce ."d pat for .uch in.vra",. or any part ,h.reof .....ilhout waiving or .lIeeting .ny option, lien, equity, or rillh! under 0< by vil-tue of this Morlgalle, and Ih. 'ul/ .mO'Jnl of each and evert luch paymenl Ih.i1 be immedi.tely d~ and pay.ble and Ih.1/ bear intereu from lhe dlle Ihereol until p.id ., l~e "te of I1Hle per centum per annum and together wilh such inlereu Ih.sll be secured by the IiM of this mortg-.ge. .c, To permit, commit ()( .vller no w..le, impairment or deterioralion of said prop.rtY or .ny pul Ihereof, 5, To p.y all and ,ingvlar the COSh, <h"g~s .nd expelUea, incivding . re..on.ble allorneY'1 fee and coati of ab,'ractl of title, incvrred or p.id ., .ny time by ..id MORTGAGEE, becau,e or in I;'e event 01 the hilvr~ on ttv. pa" of Ihe ..id MORTGAGOR 10 dvly, promplly and lul/y perform, disch.rge, e~e(vle. effe<t, complete. comply Witt. and abide by e,ch and ev~ry the llip",'..jonl. ~reem~n". cono;'ionl. and coven.n', of Ia:id pro'TIiuory note .nd Ihll morlgage any or eilher, .nd ..id cOlta. chargel .nd expenlel, each .n<: ...~ry, Ihali be immedi.tely due and payab!e; whelher or nol Ihere be nolice d.. mand, .lIempl 10 col/ect or Ivil pend,ng; .nd lhe full amount 01 each .nd .very luch paymenl I~II be.r inlereu Irom lhe d.le thereol unlil paid " I~e r,'h,' o~ nine per centVnl per annUl'll; and .11 satd COlli. ch.rge-I aMi expense. incurrttd 01" p41id. tog.ther with luch inter. It, IMII De Ie<vred by Ihe lien of thl' mortgage, 6, That' ,I in the evenl 01 ony breach of thil MOttg"ge or delaull on .... parI of the MORTGAGOR, or (bl in the event .ny of said luml of money herein referred to be ';01 promptl,' end Ivl/y p.id .....ilhin Il,i"y (30) d.y' nexl alter Ihe u"'" I.verally become dve and payab!e, withovl demand 0' nOl'ce, or (c) in the c"enl each and every the I.ipvl.1.ionl, agr~~me-ntl, ,onditiOI'\I and co.....n,..n.. of .aid promaa.ory nole and th;, mortgage any Of eilher Ire not :luly, promptly and lully pedormed, d,sc~arged, ex!OCul~d, effeered, compleled, complied wilh I<ld .bided '>y, lhen in ..ither or .ny luch event Ihe ....:1 a9- greg.t~ 'vm mentioned in ..id promiuory note Ihen r..m.ining vnpaid, wilh inlerelt .ccrved, and .11 mon.yl lecured hereby, Ih.11 become dve and pa,.. .ble fort~wilh, or Ihereafrer, .1 Ihe oplion of ..id MORTGAGEE, .. fully .nd completely .1 if .11 of the uid lum. of mon.y were orlgin.lly stipul.led 10 be p.,d on .vch d.y, anything in ..id prominOty nele or in Ihil Mottg"ge to Ihe contr.ry notwithll.ndir.g; and !hltreupon or thereefter al Ihe option "f ..id MORTGAGEl, withovt no',c.. or dem.nd, 'uit al law Ot in equily, Iherelore ()( 'hereafrer begun, may be proleculed .. if .11 money' '.cur~d hereb{ had mafured prior to itl instilution. 7, rhe' in Ihe "venl Ihll ., Ihe beginning 01 or ;1 .ny lime perding any Ivil upon Ihil MOrl9ag~, 0' 10 for",lo,e iI, or 10 r.lorm iI, or 10 enlorce p.ymenl 01 any claim. herevnder, said MORTGAGEE ,hall apply to the COUrl having jurildiClion Ihereof lor Ihe appointmenl 01 a Receiver, Ivch Courl .h.1i forthwith appoint a receiver' of uid mortgaged property .It .nd lingular. indudlng. .11 .nd lingvlar tM incOr.le. profih, iUl'e. .nd revenl.,es 'rom whatever louree derived, each .nd every 01 which, il being ~xpre..ly unde'..ood, il hereby mOrlg.ged .. if specilically leI forth and delcribed in lhe gr.nling .nd habendvm dav,~, hereof, and IUlh Rereiv", ,h.i1 h.ve all Ihe broad aOO elleetive funC1,on. .nd power. in anywi,e ~ntrualed by . Covrl 10 . Receiv~r, and sL'ch .ppointment .h.1i be made by .vch Courl .. .n ad,.,illed eqvity and. mailer of .b.olvle right 10 ..id MORTGAGEE, and wilhovl reference 10 'he adeqv.cy or inadeqvac ( of the valve 01 Ihe properly morlgaged or 10 Ihe lolveney or inlolveney 01 said MORTGAGOR Ot Ih. d~lendanll, .nd Ih., 'vc~ renl., prolit', income, iuu~' and revenve, Ihall be applied by luch Receiver accordin51 10 Ihe lie" ()( equily of ..id MORIGAGEE .nd Ihe practICe of 'uch Court, 8, To duly, promptly .nd fully p~rform, ditCh.rge, exe<ule, e""'t, comple'e, comply wilh .nd abide by each .nd every lhe IIipulationl, "9r..,mentl, condilion. and covenanh in said promiuory note and this mOftglge let forlh. 9, ThaI in the evenl Ihe ownership 01 Ihe mOrlgaged premi.e., or any part thereof, be<omel veiled in a person olher then lhe MORTGAGOR. Ihe MORTGAGEE, ill ,vcceuo" and a..i9m. may, withovl nollce 10 Ihe MORTGAOR, deal wilh such 'ucce..or or svecenor in inl~re.t with relerene. 10 th" mortgage and fhe debt hereby secured in Ihe same manner II wilh Mortg.gor wilhoul in Iny wa}' v;ti.!ing or discharging the A'orlgagorl' liability here- under or vpon the debt hereby ,ecured, No ule 01 the premi.e, hereby mortgaged and no forbearance on th. parI of Ih. MORTGAGEE or ill Ivecenora or auigns and no extension of ,he time for the payment of the debi h~reby se'ured given by'..... MORTGAGEE or itt $u(ce'SOrl or auignl, Ihlll op:-rate to rele..", d'lCh.rge, modily ch.nge or all~C1 Ihe original li.bdity 01 Ih. .\"lORTGAGOR herein, eilher in whole or in parI, 10, II i. ,pecifically .greed 'h.t time il 01 Ihe enence of Ihil contract a"d Ihal no waiver of any obligation her..under or of the obligation 'e- cvred hereby .~.II al an, lime IhHeaiter be held to be . waiver 01 the terml her""f or 01 the in.trumenl Ie<vred herby, 11. In .idd.'i::n '0 'h-e forego:ng fT'onthly paymen" of prine pal and in'ercst rcquirt"d by the promissory note lecur..:f hereby, mOrfgagor coveno!lnls dnd 3g,-(>(,$ to tJay to mOrlgdgce wllh edch monthly payment an addItional sum estimated by mortgagee '0 be equal to 1/ 12 of the annUdl cost of the follo.....-- i!~u: A-All rC:.J1 property faxes !evied or l!Ueiled against the above dClCri~d real ellah~. B - Pr~rliiurns on fire anc windslorm insurance al herein required to be carried on the improvements liluate on the above described premist"l. C --Pre:r,rurns on s~ch rr.orlgige yuaranty insur.nce as morlga-gH lha!1 from time to ti:ne deem fil fO carryon Ihe Joan secured hereby. 11~,Otfgdgee shall from lime to lime notify mortgagor in wri'ing of the a'ilount due and paYlble hereunder And such sum sh~11 thereupon be due and pdy~b:(" 0>1 In..! due dale of the n~"" monthly payment ana each 1~'ccelSive monlh thereaher until mort9a9~e shall notify mortaagor of a change in '1..1~h c :~C'J.,,- Such lu~ns. ,ha:! be app!iec.J by morlgagee toward the ~eyrnent of rea! p'o~rt)' taxes. insuran(C! premiums. and morfgdge guaranty insurance p~e~c:ums.. IN "'>'HEREOF, I:'~ s.id MORTGAGOR h.. end deli~ered in Ine pre,ence of: -e>y...,~...._J hereunlo '~I hi, hind and .eal the d.y and ye., fi,,1 .foreuid, ~ ti [fi:~::::::~ (J~o.. ~, ?-' ~11 STATE OF HOl/IDA COUNTY 0;: St. Lucie ss. Belore me petlon.lly .ppear.d ToJR'l'horopson the indlvidv.l, de>cri~d in .nd who exeev'ed therein exp'e.."d, And the laid A.I ThOP1P son hi, wil~, 10 me well know,., and known to me :" be lhe fOfegoing inllrvmenl, and .ckno.....ledged before me that they executed the ..me for lhe purPOles Iola ThmllpSOn Al ThOlTlP SJ2l.l upon a uperale and priv.te e.aminotion by me ,aken lepara'e and .par: Irom her ..id hVlbend, acknowled"ed to and belore ..". Ihat Ih. executed laid inllrumenl fr~ly .nd volun- '.rily and wilhout eny compvllion, conSlraint, .pprehen,;o., or fear of or from her laid hUlband, 2..~ H.. de, of ~bZ;Jlary /f~, ~ ~~ , Notary ubllc In .nd for lhe SI.'e of Florid. .1 laree My Commi..i.", .xpir." ....ife 01 the ,.;d _ WITNESS my h.nd and oHid.1 ..al Ihi'- A. 0, 19-6...3- Relurn To: Seving. & loan Of Fort Pierce, Fort Pierce. Floridl j,1358'7 Notary Puh!;c, State of Ffo(,b ~t Large rN'r Comm,sson forc~ r:.~r~'lll, 1')66 \'11 f. 0 ~ t\~fl RECfJROOOJlde I b, {<[l1(,' . 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