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HomeMy WebLinkAbout0651 ~ To pl~a Md mnlinunvlly k~p on the 6uildinys now a Mreafter utwf~ on uld I~nd ynd on dl puipm~M ~nd qr~oMlly cowwd by thii mat~ p~, wNh dl ptimluin~ IMnon p~id in fuil, fire insunnce in the uw~l ~+andard polky form, in ~ sum ppoad by IM MOKTGAGEE, N~d wi~twm YMw~w in tlw wwl a~ndud policy tam, in •~um approved by ~M MORTGAGEE; in wch tanp+nY a oanpania a tM MORI'W1GEE m+y ~ntq uid ~II fin ~nd wMdslam in~urmce poli6e~ on eny of said building~, ~ny Mtwnt tMr~in or p~M 1Mrw1, in th~ pgrp~N wm ~f«~wid or In ~aaa fMnol, thdt tonl~in IM utwl titmdad morrgaqee cleufe a wch otMr tlw~e n IM MottqpN rn~Y nquin, n»kkp 1M lou undu wid pdF ch~, Nch ud ~wry, p~y~bl~ ro wid MORTGAGEE ~s iu iroerest may ~ppar, md ~uh er.! ~very weh policy ~hill be promp~~y ui~9^~d md ddiwnd ro M~ IwW b) uW AAORi6AGEE p funher t~turiry to uid mortgage debt, +r~d, not lea 1Mn ten 110~ d~y~ in advann of ihe ~xpir~lion ol ~~ch policy, Io d~- pv~r 1o aW MORTGAGEE i~w+l tMrwf, Ioy~rMr wi~h ~ recaipt for rhe premium of such ranswd; and ~Men rh~ll be no fire or windtlorm insurmt~ pl+ad an ~ny of uid 6~ild~ny~, ~ny inten~f therein or part thereof, unlees in the form end with tM lon p~y+bN a ~fa~uid; and in tM wem +ny wm of mnMy b~co~na p~y~bN undK wch poiicy w policie~ wid MORTGAGEE shall h+w the option to reaive +nd ~pply 1M um~ on +ccount of the ind~brad mu wcund I~~by or lo pamit uid MORTGAGOR$ ro rece3ve end use it a any parl thereof for other pu~po~n, without thereb~ waivinp or imp?ir• tnp ~ny .yuiry, IiM or riqhf under or by virtue of ihis mor!gage; and in the evero uid MORTGAGORS th~ll la ~ny niuM f~il lo ke~p the uid pnmiur w imur~, a fdl lo delive prompfly my of teid po~ities of insurance to uid MORTGAGEE, M?ail promptly to p~y fully ~ny premium 1Mrekr a in +ny ntpat f~il to perkrm, diuhuqt, ~xaut~, tffect, complele, comply wi~h ~nd ~b~de by thi~ toven~M, a my part Mrwf, t~id MORTGAGEF mey plaa ~nd p~y fM wch iiaunnce w my Wrt fMraof without waiving w ~ffxtinp any option, lien, puity, or ripAt undx a by virhN of thi~ Morty~pe, ~nd tM I full ~mamt oI Nch ~nd w~ry iudi payman+ shell be immediately due and payabl~ and :hsll M+r int+rrmi from tM d~h tMrwi until p+id u the rtl~ ol ' nine pe~ unlum p~r ~nnum and together with wch interest shall be secured by the IMn of this morlp~p~. 1. To p„~nnit, tommit at wffH iw w+ste, impoirmmt or deterioration of w~d property or ~ny part tMreof. 5. io pey ~II ~nd tin~pul~r tM can, cMrges and expenses, intluding a reatonebla ~nomey't fa~ md cari of ~bitrKll of fitl~, intumd or pdd +t ~ny tim~ by uid MORTGAGEE, ba+u~e a in the event of the faiiure on the part of the ~aid MORTGAGOR ro duly, promptly md fully psrfam, di~clwrq~, ~xecuU, ~ffM, complete, comply with ond ~b~de by ea<h and every the ~t~pulaiions, agreemenh, ~onditioni, ~nd towmnri o( uid promiswry not~ ~nd thu ~~9~ ~^Y or ~itMr, ~nd t~id cosh, cMrpe~ and expemes, each and every, sh~ll be immedialely due and p~y~blr, wMrMr or not thee be no?iu d~ tnmd, atf~mpt to toliect or tuR (»nd'+np; and the full amoum of tath and every suth payment thall beu intKtN Irom tM d+tt tMnol until p~id ~t tM rate of n6n~ per untum per ~nnum; ud all ~aid cosh, chargea and expenaes incurred a paid, togethar with ~uch IM~rKb ~h+ll b~ Neur~d by tM INn o# IAu 6, ihp in the eveM of eny breach of thu Murtgage ar datault on tk part of the MORTGAGOR, or (b) in tM ev~M my of ~~id wmt of momy herrin referr~d to be nQ1 prampfly and (ully paid wirhin thirty (301 days nexi after the same sever~lly betom~ dw ~rid p+y~bl~, without d~m~nd or notiu, or (cJ in the wem ~~ch md every the atipulations, agreements, condirions and covenmte of ~~Id promiuory note md thii mortqp~ My a~ifMr m eot ~uly, p~ompfly ~nd fully p~rfamed, discharged, executed, effected, completed, complied wirh ~nd +bided by, tMn in eitMr a ~ny wch ~wnt tM uid p~ prepate wm rMntioned fn oid promiasory note lhen remaining unpaid, with inrerest accrued, end all mon~y~ ptured. Mt~by, ~h.ll b.com. d~• ~nd p+r ebl~ forthwirh, or rhrreaher, ~f the aption of said MORTGAGEE, as fully and campletely ~s if ill of rhe uid wnr of mor~y w~n apin~lly uipul~red to b~ paid on suth day, anythiny in said promiesory note or in thie Mongage to the contr~ry nofwith~t~ndinq; ~nd IMrwpon w thett~ha tl Iht op~ion of ' t~id MOATGAGEE, without notice or demand, wit at law or in equity, the~efore or thereef?er begun, m+~ M ptoweutrd u ff dl mon~y~ Neurcd Mnby had m~tur~d pri0r to it1 irotituti0n. i. TMt in the ev~nt tfi~t et the beginning of or ef any time pending any tuit upon fFis MoHq~gt, w W kiytloq II, ar ro nform (t, or to ~nfora peyment of eny tlaim~ hereunder, uid MORTGAGEE shall apply to the Court having jurisdictlon thenof for tM +ppointm~nt of ~ Ra~iwr, tuth Court ~hill forihwBh ~ppoim ~ rxeiver of ~ei~1 mortgaged propcrty a!I and singular, indudmg all and aingular the in~orM, profit~, {uuM ~nd nwnw~ from whetw~r wurct derived, e~ch ~nd wery o~ whith, it being txpressiy onders'ood, is hereby mortgaged a~ if ~pec~ficelly kt forth ~nd datrib~d In thi pnminy ~nd habendum cl~ute~ hereof, end tuth Receiver shall have all the broad and efferlive funcnons and powen in ~nywis~ tntru~ttd by ~ Courl tp ~ R~ulwr, ~nd tuch appolntmenf thall be m~da by wch Cuurt ai an admiited equity and a malter nf absolute ripM to wid MORTGAGEE, md withoul f~l~r~rKe to fh~ •daquaty or inadequety of the value of the property mortgaged or to the aolvency or insolven<y o( ~aid MORTGAGOR or tM d~feed~ntl, +nd th~t tuch rentf, pro}ih, income, issun and revenuea shall bo applied by such Raeiver according to the lien or equity of uid MORIGAGEE ~nd th~ putliu af tuch Coun. B. To duly, promptly and fuliy pe~form, discharge, exe<ute, effecf, complete, comply with and abide by uth end wery tM ~tipulatioro, ~yrNmentt, conditiont and coren~nte in taid pranl~sory note end thi~ mor~gage set forth. ~ 4. Tlut in the event the ownership of the mortgaged prcmisee, or any part thereof, becomet veated in ~ penon other ihm tM MORTGAGOR, th~ MORiGAGEE, ih wcceson and ateigns, may, without notice to the MOATGAOR, deal with wch tucuuor a Wtirlwr i~ inlere~t with n}~r~nu to thii mortp~pe ~nd the debt hereby aecured in the same manner aa with 1Aorrgagor without in any way vitiatinp or dixhuqiny the Mortp~pon' li~bility Mr* under or upan fhe debt hereby secured. No aale ol the premhes hereby mortgaged and no forbeare~u on Ih~ pert oi tM MORTGAGEE or ib wtcet~ort or atsigna and no extension of the time ior the payment of the debt hereby tecured given by the MORTGAGEE or it~ wctessa~ or ~uipro, ?h~ll optrau ro releak, diuhuqe, modify change of affect the original iiab~liry of rhe MORiGAGOR herein, either in whole or in p~rf. 10. h ii ipecifically agreed that time is of the essence of this contracr end tha~ no w~iver o1 my obliqetion h~reunder or of tho obiiy+tbn u- cured heroby ~hetl at any time thercefter be he!d to be a waivzr of the termt hereof w o{ ihe in~trument pcur~d Mrby. 11, in edditipn to the forego:ng monthly payments of prinCpal and interes~ required by the promiswry no~e ~ecwed hareby, mortpegor tuv~nonti and agraee to pay to morTgagee with each monih!y payr,,ent an addirional sum est~mated by mortgagee to be equal b I/14 of rhe annual coq of The follow- ing: A-All real property taxes levied or assessed agah,st ih: above described rnal eslate. B-Promiums on fira end windsrorm insuracce as her~in reqv~red to be carried on the improvemenn aitua~e on th~ ~have dncribed pnmiat. C-Premiums on such mortgage guaranty ;r.surar~ce as mortgagee :hall irom tlme to time deem fir to urry on tM loan ~etured hereby. MorTgagee shal! from time to time notiiy mor~gagor ~n writ~ng of the amount due and peqable hereunder md wch sum ~heli th~rwpon b~ due and payeble on 1he due date of the nezt monthly paym~rt and each successive month thereaNer ureil mortgagee ~hell notify mortgager o# a thang~ in such amovm, 5uch wms shall be applieti by mortgagee ~oward the payment of reai property taxea, inwrance prem~um~, ~nd mortpape Suer~nty iniurena ( premiums. C I WITNESS WH the said MOR?GAGOR haa hereunto set his hard and seal the day ~nd y~ar fint aforeNid. ipned, I and de er the prosence of: " . !!5~d) ~ ' ~ -a Sa0 ~~I? ~ (5eap ~ STATf OF FLORIDA 55. ~ COUNTY OF - ~'t.. Iallt'.~fl I Befae me penonelly appeared ~ ~~.11~9 F'Oa~92' - end Lueiud~. Foater hi~ wife, to me well known and known ro me to be 1he Individuds destribed in and who executed ihe foregoing instrument, end acknowledged before me thet they exetuted the tame fw the purpotes ~ Iherein expreued. And the ~aid Lu~ nda Fbs~er ~ wife of the ~aid W~Z1~8 F09~AI' upon e sep~rate end private ` rxamination by me taksn scparate and apart from her aaid husband, ecknowledqed to and before me that she eaetuted said inttrumem freaiy and volum ~ tarily and without +ny compul~ion, tonstroint, apprehension, or fear of or fr~ her said husband. ! i WITNE55 my hand and official seai this_~~____. day af D. 19~ ~ - - ~~'.~,`~'.."I~.y,'., NWary Public•in fot 1ttY~'I,~h ~~Ho/id~ 11 tirpir ! My Commi~sion expitel: • M~, _ j.'~ , Retum To: ~;~y F'.~,~~~ . Pint Federel 5avings 6 loan Aswciation ~,I~~ ` Of Fort P~erce. ~ND R~CORD D ~ - - ',t hh li Y ~ ` ' . Fqst Fierce"Hwida ~p~a Q ~ K N474pr pU~,~~~ ~ ~ . w w ~~!~1 FIORIDA et U~tt{~;,~ i ~ 1.u a~ ~a ~ co~MrssioN aflg~s~~~aa~•xd, l~ I ~ '65 3 PM Z : 2 ~ ~ ? . 1~ ~ ! ~ ~ ~ ~ ' (,t.,P'~ , ~ ~ ~ - . . RGGEi? i~i; i i~,..5. C~ERK ~ ST, LUCIE COUNTY, ~ : ~ FLORIpA . ~ , r, 0 R~ ~ (^,~r aooK ~ ~9 ~7 ; i r! ~ " . , T j~+ . ~ ~V . l~'~ , . ~ ~