HomeMy WebLinkAbout0457 And ?eid Mo.tgay7ori, for ~hemselve~ and their heirs, legsl represantalive~, wcceswr• and usiqm, heroby jointly and uv~tally coven~nt ard ayrer
to and with the ieid MORTGAGEE, ~~s succesaors and assigns: -
7. To pay ell and sinquler ~he pr~nc~pai and intereit and the verSOVi and fundry wms of money payabl• by virtue oi wid promitsary nott, •nd this
moctgaye, each and every, prompriy on the days rc~pectively lhe seme sev~rally becortw d~~.
2. To pay all •nd •ingular the taxes, as~essment~, leviea, lisbilirlet~, obligationf ~nd ~ncumbr~ncss af every n~ture and kind now on •~id ~~scribed
praperty, or rhst hereafter may be impoaed, suffered, plxed, levied, or aasetised theraon, a that hereafte~ msy b~ levied w at~sed upon thi• Mong-
~ge, or tha tndeb!ednes• ~ecured heieby, each end every, when due ~nd payebla, ~ccardiny ro I~w, before thay becom~ delinquent, •nd 'oefon any int~r~~t
attaches or any penalty ~s incvrred; AND INSOFAR AS ANY THEREOF IS OF RECl7ttD THE SAME SHALL 8E PROMPTIY SAT~SFIED AND DISCHARGED dF
RECORD ANO THE ORIGINAI OfFIC1Al DOCUMENT ISUCH AS. FOR INSTANCE, THt TAX RECEIPT OR iME SAiiSfACTION PAPER OfFIC1AllY ENDORSED
OR CERTIFIED) SHALL BE PLACED Ih TNE MANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in the event that any thereof i~ not
peid, sat;sfied and diuherged sa'd MORTGAGEE may ar any t~rne pey fhe aame or any pert theroof without waiviny or affetring anq optio~, ~~en, equity or
ri~ht un~er or by vinue of this morigage nnd the full amounr of each and every such paymem shall be immed~ately due and payable snd shall bear interes+
~r6m the date thereol unGl pa;d e~ rate of ~ipM per centum per annum and toqtth~r wi~h ~uch intere~t ih~ll be aecured by fhe lien of th'f mor9taye.
a. ?o p~~u utid tontl~uou~ly kMp on tht buildinp~ now or Mn~kK Ntv~tr on uid i~nd ~nd on ~11 ~quipnr~m •nd p~?wn~lly tov~r~d by this mortg~
p~, with ~11 pr~mi~nu th~non ~id in full, fii~ insur~nc~ in th~ uiusl ~t~nd~rd policy form, in ~ ium •pprovrd by tM MORTGAGEE, ~od w{nd~to~m
kuur~no~ In tM u~u~) ~t~nd~rd policy form, in ••um ~pprov~d by tM MORTGAGEE, in ~uch comp~ny or comp~ni~s th~ A10RTGAGEE may
dir~ct; ~nd •II fir~ and winaatorm ihsuranca policie~ on •ny of •eid bui~diny~, ~ny int~ntit ther~in or part therwf, in tFu sqyre9~t~ ~um ~for~uid w
In ~xc~u 1Mrwf, aMl) cont~in ths usual tt~ndard matyaqea clauss o~ ~uch oth~r cl~uN +t tha MartpaQ~~ m~y requir~, m~klnp rh~ iou und~r ~aid poli~
cly, ~~ch ~nd ~v~ry, payabl~ to s~id MORTGAGEE e• its int~rest msy •pp~~r, and e~ch ind ~very such policy ~h~ll bo promptly •u•g~ud •nd dsliv~red to
~ny hsld by ~aid MORTGAGEE ~i further seturity to a~id mortpay~ dtbt, ~nd, ndt I~st th~n ten (10) d~yt in advrnca of the •:pir~tion of s~ch polity, to d~-
livet to uid MORTGAGEE s rsnawal thereof, toqether with • rataipt for the pnmium of •uth renewal; ~nd thtre thall bt no fire or winditorm i~~ur~nc•
pl~c~d on any of said buildinq~, any interest therein or p~rt thenof, unleas in tha form •nd with the loss payabie as afore~eid; and in the ev~nt •ny sum
of mon~y beeomet pay~bls under ~uth policy or policies seid MORTGAGEE ihall hav~ ths option to receive and apply tha sam• on account pf tha indebted-
n~u ~ecur~d hsreby or to permit ~aid MORTGAGORS to reteive •nd uie it or any part thereof for other purposcs, without thereby weiving or impair-
Iny any ~quity, lien or riqht vnder w by virtu~ of this mort9a9e; ~nd In the evenl said MORTGAGORS shatt for any reason teil to keep th~ said premife~ fo
insurfd, or f~ll to deliver promptly any of said policiea of insurancs to ~aid MORTGAGEE, or fsil promptiy to pay fully any premium therefor or in •ny
re~pM f~il hp psrform, d+~charqe, execute, effect, tomp~ete, comply with and •bide by th+~ covenant, or sny part hereof, seid MORTGAGEE may plate and
pey fw tuch Insurence or any part thereof w~thout waiviny or affectinfl any option, lien, equity, or right under or by virtue of this Mort9~ys. ~nd fht
full ~mount of tach ar.d ev~ry ~uch payment thatl be immedietely dua and psyable and shall bs~r interest from the date thereof until paid al the r+te af
nine per centum per ~nnum and together with such interesr shall be secured by tha li~n of thi~ mwtflay~.
To petmit, commit w suffer no weste, lmpairment or deterior~tion of ~~id property w any part thereof.
5. To pay all •nd •in9ular th~ costs, charge~ snd ezpenses, in<ludinq a re~sonabla attorney't fse •nd costs of abstr~ct~ of title, incvrred or paid •t
~ny time by seid MORTGRCrEE, because w in the event of the feilure on th~ N~rt of th~ ~aid MORTGAGOR to duly, promptly and ful~y p~rform, discharq~,
~x~tut~, effect, completa, comply with and abide by each end every ths ~tipu~ation~, aqr~em~n», conditiom, •nd covenants of seid promiswry note •nd thii
mortgaye any or eirher, end sa~d costs, cherge~ and exoen~es, eech snd every, shall be immediately due snd peyable; whcrhar or not ther• b~ notice der
m~nd, •ttempt to collect or ~uit pend+ng; and the full emount of each and every tuch paymen4 sha11 bear inrerest from the data thercof until pa:d •f th•
rate of nine per centum per a~n~m; end all ~aid costs, charQe• end expenses incurred w paid, toqether with wch intereit, •hall be sewred by the lien of thi~
mprtQeq~, ~ .
G. TMt in the event of nny breach of thif Mortqafle or default on the pert of the MORTGAGOR, or (b) in the event ~ny of taid tumf of money
h~raln rsfsrred to ba not promptl; and fully paid within thirty (30i dsys next after tha seme severelly become due snd peyatale, withQUt damand or notice,
or (c) i~ tFa ~vent each snd eve~y the ttipulations, sgreements, condiriona snd covenents of ~s~d promissory nore end th~~ mortpsge ary or •itF+~r ar~ not
~ufy, promptly ~nd fu!ly perforrr.sd, d:scharge~, executed, effected, tompleted, complied with end ebided by, then in either or any tuth event th~ s~id ~p~
qreyato wm mentioned in sa+d promiisory nore then remaining unpaid, with interest accrued, ~nd all money~ sewred hereby, ths(1 become due ind pay-
~h~• forthwith, o~ thersafter, at the option of said MdRTGAGEE, at fully snd cornplstely ~s if ~II of the said sums of money wer• oripinalty stipul~ted
to b~ peid on such dsy, anythiny in aeid promiuory ~ota or in thi~ MortQage tn the corttrary notwi~hstandinq; and thereupon ar the:eaNer at t!:e c;.tion of
•aid MORTGAGEE, without notice or demand, tuit st Isw or in equity, therefore nr there~Her bpun, may be prosetuted •s if all moneys secur~d h~reby
had matured prior ta it~ institution.
7. Thet in the event that at the txginning of or at any time pending any tult upon this Mongsge, or to fo~eclose it, or to reform it, or to enfores
payment of eny claim• hereunder, ieid N10RTGAGEE shell apply to the Court hevinq juri~diction thereof for !i,e appo~ntment of e Receiver, iuch Court ehall
forthwitfi appoint e receiver of said mortgaged property sl! end singuler, includ~ng ~II and •in9ular tha income, profit~, ia:~es er.d re~enve~ from whst~ver
rource derivsd, each snd every of which, it beinfl expreuly undoritood, i~ hsreby mort9aflad a~ if fpec~fically set forth and detcribed in fF+i yrantinp rnd
hebendum cl~uses hereof, and tuch Receiver thall have ell the Nroed and effecriv functiom ~nd power• in anywiie entrusted by • Court to a Rxeivtr, and
such •ppo~ntment ~hall be made by iuth Court as en edmitted equity and • mettsr of absolute riqht to seid MORIGAGEE, end without referente to th~
•dequary w inedequscy of the value of the property mort9aged or to the solvency or insotvency of ~aid MORTGAGOft w tha defend~nta, and that suth
+ nnh, profita, income, iu~ei and revrnues •hall be applied by wch Raceiver attordinq to thf lien or equity ot teid MORTGAGEE •nd th~ pn~tiu of such
Cewrt.
8. Ta duly, promptly end fully perforn, discharge, execute, effect, comp~ere, compty with snd abide by each and avery the stipuietions, ~preemenri,
tonditioru ~nd coven~nts in wid promissory note and this mortgage ut forth.
9. 7h~t in Tfie event the owner~hip of the mortgaged premises, or sny part thereof, becames ve~ted in a person other th~n th~ MORTGAGOR, tfi~
+V40RTGAGEE, its successon and aisigns, may, without notice tn the MORTGA02, deal with tuch succesaor or ~ucces~or in intereit with referencs to thi•
mwt~ag~ and the debl hereby iec~red in the tame ma~ner a~ with Mortq~qo~ without in any way vitiating or ~dixharyin9 the Mortg~flors' I+ability hera
under or upon,th4 debt hsreby srcured. No sale of tha premise~ hereby mortge9ed and no forbearance on fhe psrt of ths MORiGAGEE or its suctessort
or ~ttipr~ ~nk! _no ~ktbnsion Of tfis tirre for the peyment of the debt heraby secured 9iven by tht MORTGAGEE or itt succe~sar• or euipn~, thall op~rat~
p nl~, d'uchuQ~j rqodi~Y cfi~nye Or ~ffect Ihe or'~qinal liability of the MORTGAGOR har¢in, either i~ whol• or In p~rt.
10,~ft'it specificslly, ~¢rwd fhst fime i~ of the esuncs of this contrscl •nd that no waiver of •ny obligation hereunder or of ths obli9ation cQ•
~r~ }qr~by ah~ll at ~ny. firila thtns~tat bs held to be • weiver of the lerm~ hersof or of the instrumen; sec~red herby.
; I l. ,In add~tion to the foripoing monthly payments of princ pal end in!erest required oy fhe prom;~s~ry note secured hereby, mortgsgor tovenenh
¦nd ~rq~a tp p~y to rnorfpaq4e aith esth monrhly payment en ~ddition~! sum atimated by mort3cgee to be equal tn 3/12 of the annual coss of the follow-
k+9~~ : -
'!1-All nal prop~rt~'~1pie~'t~v~ed or essessed a~aintt tfie above ~escribtd real estste.
Premiumt o++ firt'v~d:windatorm insurance a• herein required to be carried on the improvements fituate on the above descr~bed premisea.
E-P'remiums on sucli rnortysge flusrenty insurence at mortgeyee •hal! from time to time deem fit to carry on the loen secured fiersby.
Monpdgeo sha(} froin time to time notify mongayor in wtitiny of tha ~mount due snd peyable hcreunder end such sum shall thereupon ba dw and
pay~ble on the du~ date of the next monthly peyment and ea<h cucce~sive morith thereafte~ until mertgegee shall notify mortgagor of s chango in su<h
~mount. Such s~ma shalt be ~pplied by mortgagea to.vsrd 1Fr~ paymsnt of rsal property taxss, Insurance premiums, and mo~tgage quarenty ins~r~r.ca
p!emiumi.
IN WITNESS WHEREOF, tt~e u~d MORTGAGCJR h o}qt, s n and seai the dey ar.d year rst eforesaid.
f ~~jAl~~ ~~CQRDED
Si9n~d 5~a ed ~r+d ds e In H+s prK e ofi„
_eCp~d 5 0 0 K - l' •n
- °
_ s l~+C~.C~C~G~c-C~ n-•n
= 65 Z 4~'~f 9: 7 y -
.
STATE ~f FLORt~!~,, ' `'r;.
't, RO~~-~. - , ~ CL~RK
~ couro~rr o~ ~ L~"tc ~ e - T ; ~ ~ ,
- ~ ' ~ ~ E~
~fq~ rr» p~rwnsllY ypWyted - ~ ~ ond
' ^j~?i~-~ ~~1' ni•1~2~ hi~ wif~, to me w:ll knawn ~nd known to rr~ to M
Ihi_
In~desvibtd In• vid! who ex~cuted ths forsyoinp i~trumsnt, u+d~~cknawledgwd beforo me that they oxecuted the urt» for ths p~rposes
~r»r.~ ~:~r:..da.- ~,a Ann i c: ~ t'•?11 en ~
~~_;p~ i8 l1@~ ~11er1 upon s s~psrat~ ar?d p?1v~t~
•x~minatb~' bli ms fEkan ~spsrate •nd~~part from har s~)d hutband, •tknowl~ed to and before m~ Sha! ~h• exrcuted said inotrum~nt frNly ~nd volurr
farily ~red withou,t~ iirv~r sompulyion, conttraint, ~pprehen~ion, w yfe~r of or from hsr aid husband.
WITNESS my hand arx! official ve~! thi~ - day of M'~ A. D. 19~
Notsry Publfc f~ ~r+d i t" St~t~ of flarida ~t tarq~
• M~ C.Ommluion ~xpjf„: LL,_
rieiVrri i0: v ~1 ~~'rJ~
'J~~a~Y PLbl~c. )taie Ft l~b`1
Citizon~ ~edenl Savings i Loan ~Auoci~tion ~,pfimission Expues Match ~.~a
t. ~ A-,~:~-:,F~ 'i~~ 4 4'tu+M'/
of St. Luci~ Countr ~ to-,d•- Er
Ft. Pierca, Florida 5OJ~ ~ y~