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HomeMy WebLinkAbout0808 ~ ~ , s. Te pi~or and aoMkwowlY ic~P an tl+~ beildirps rw~r or he?rahrr utv~M en said la~d snd on dl ~ap+n~M ~nd p~no~M1h o0~w~ad b1i M~M maq~ , ap~ with ~II pnw~w~s th«rew p~id In fu11. fin inwranc~ in tM vw~t s:anda~rc; policY farnti in a awe apprewd by ~hs MORTW?GfE. ~d wi~to~+~+ Ywr?~na In tM wua) sqndrrd po~kl? fa~?. in a wm approwd by ti?~ MOATC*AGfE. M? wck cahWnY a~ M fM MOlTGAiOEE ni~N dir~elt aMl Nr~ and winektonr~ inNwane~ polic»s on ~nY of wid b~ildinp~„ ~ny tru+rrat tlwnkn or p~rt tMnof. ln !iw apqnpob w~ ~fanirtd er In ~Mr~a~F. ~il cerMaM ~M ww) aund~rd mortya~w ctawr~ w such ~h~r dwse ar tFw Morip~ mrY Mcprir~. mrkinY 1M Iw~ ur~rla aid polF • d~s. ~ctl+ ~nd ~v~y. PrY~bM b~~id lWORYG/1GEE a iti i~tarest may appsrr. ~nd ~ath and ~wry ~vch po~KY ~hrl! b~ p+an+pt~Y ata;qn~d ~nd d~liv~nd ~o .~nr Mid by s~W MORTGJ?GEE a funMr s~eurity ro sald rnor~yay~ d~bL a~d. ~w Na~ tlwr? t~n (101 day~ to advance of tM ~apir~tion of Nch Pak1l. b dr~ bv~r 1e Mid MORTGJ1QfE a nn~wd tMr~af. toperMr wirh a ncs~pt far rM p.r+?ivm of sud~ r«ww~l: and tiwh ~hall b~ na #irt w windstonn imw+~ ~d p~ a~y of s~id bulldinp~, in~ lnt~st tlwnin w part thereof, unhas i~ tM lorm ind with tM iw~ {~y~bh a afons~idt ~?d In Mr «v~Mt +^Y w^+ of nqewy b~CpnM p~yap!* yedN wth polity or poliei~s s+id MORTGAGEE shali Mw tM optbn to naiw ar+d apply tM s~m~ u+ aeeounl of th~ ind~bt~d' nas acur~d h~r~by w to p~r~nit wid ARL)RTGAGdRS ro ncsiw ~nd uw it w an~ part thereof fa other pwpw~a, w~thout th~reby w~ivin9 or impair- Inp ~ny puitp, li~n w~iqht w+da ar by virtw of tha mortg~qe; +nd in the ~vent said MORTGAGOAS ah~fl fo? ~ny ~wn fsil to k«p th~ wW p?~n?iNS w inwr~d, w fyi) fo d~IMr p?omptly M+r of said Qaticies of inw~anc~ to said 1MORTGAGEE, or f~il p?omQtly ta pay fvtly a~y pr~mivm tMr~fw a in ~ny rpp~et fail b pNfam, diuhupe. ~x~at~. ~ffect, camPiets, comply wirh u+d sbide by this eova+eM, or +~r p~rt Mnof, ~+{d MORTGAGEE may plac~ •nd p~y fa- such brwawa or ~nr prrt thtrwf without waivinp a aff~ctinp anY opt~on. Ii~n. p~RY. w riqAt und~r w by virtw of this Mort9ap+. ~nd tM fvll arnovnl of ~ath M+d ~wry wd+ pay~rsnt si~all b~ immtdi~tely du+ seK! p~yabl~ and sMN btsr i~teratt from tht da» tMraof until p+id ~1 tM r~t~ ot nie» pyr tw~tum p~t annum s~d taQethar with urch interest :h~il ba sscve~ed by tha li~n of this mert9pe. 4. To p~rmit, cammit or wffa no wast~, impairment or deteriontion of ~aid property or ~ny par? tMraof. ~ S. 7o p~y all and ainpular th~ toRh, th+rgea and ezpense~, indudiny ~ rsawnabls ~ttwney'i fe~ and oosri of ~batr~tts of titl~. ineurr~d o~ p~id at rny t{ms by s~id MORTGJ?GbE, b~tw~e or in ti+a avem of the failure on t1+~ part of tM said MORTGAGOR ro duly, promptly and fuliy pNform, di~tMrq~, ~xecvt~. ~ffsct, oompl~t~, oomply with and ~b~de by each ar+d every the ~tipvl~tior~, aqree~+en~s, conditions, irrd oown~n» of aid promi~wry rrot~ ~nd thw mw?ype any w~itM~. er~d s~7d oosts, cMrys~ ~nd expenses, each •nd wery. shall bt immed~et~ly due and p~yabi~: wMtMr or not tMre b~ notiw dt rtNnd, ~t»m~;, to toll~et or ~u1i p~nd~rg; and th~ fuii amovnt of ~ach and wery wch paymem ahrll b~ar inhmt fran tM d~b therwf until p~fd ~t 1M r~t~ of nin~ per arntum per ~nnwnj ae~d a~l said cosrs, chergoa ~nd expenses incurred or piid, toQ~thsr with tuch Int~nat, ~MI! b~ s~eund by 1h~ INn of tF~u ~'T1wR (a) i~ tM ev~nf of any b?~ach of this Mortyage or defeult on the part of the MOR7GAGdR, w(b) in tM ~wM ~ny ot f~i~ swru of money Mrein nf~rred to bs not promptly and fully paid wirhin th~rty (30) days nexi after the ~ame a~ve~ally becorin~ dw ~nd p~y+bl~, wiihout d~mand a notiu~ or (tJ fn tM ~wnt ~ach ar~d awry tM stipvlations, sgrcementa, con~itiony and covenanta of asld promiuory nott and this mutpap~ ~ny a ~itMr ~n no1 ~uly, p?ompt!•; :nd f~lly ptrfo?m~d, discharyed, ezecursd, affected, complered, compl~ed with and abid~d by, th~n in ~itMr a any ~uth ~wm tM iaid pnqst~ wm m~ntior»d in aaid promissory note then remain~ng unpaid, with interest sccrued, and aIl mon~yf Mcund. Mr~by, ~MII b~tom~ dw ~nd p~y~ abl~ forthwith, ot tF»?e~hN, at the option of said MORTGAGEE, as fully and completely as if al! of the asid sveM of mon~y wer~ oriq{nally ~tipul~t~d to b~ paid on ~ueh day, anylhieg in iaid promiuory nate or in this Mortgage to the conrrary notwirhstandinp; and thNwpat or 1lwnsftK at tM op+.on of uid 1MORTGA(3EE, withou! notit~ w dtmand, suit at law or in equity, therefore or tMre~fter bequn, mlly b~ p?oMCW~d rs 1f ~II mo+ley~ NC4r~d hltsby Md rMfund priW to iM iMtitvtian. 7. That in ths went that ~f tM bpinniny of or st any time pendiny any suit upon this MortyaQ~, w to farytlON It. w to nfOrm If, or to t~fo?p payrnfnt of ~ny tlaimt Mr~u~der, eaid MORTGAGEE shall apply to the tourt having juris~~ction fherwf fot tM appoit?tm~nt of ~ R~talwrr, wth Cou*1 shill forthwNh ~ppoint • nceiv~r of isi mortgaged property all end singul~r, i~ciud~ng all and singular th~ incorrw, profitt, I~un and r~vMwf frvm whattver wurc~ dKiwd, ~ath ~nd ~wry o~whith, it being expressly understood, is hereby mortgaged as if ~petifiully set forth ~nd dqCrib~d In ihi yr~ntinp ~nd habendum clauaes her~of, ~nd wth keceiver ~F,all have a11 the b~oad a~d effacTive functioni and powen in ~nrwise ~ntrutNd by a Court t9 ~ Ret~iwr, and •uth ~ppointment ahall b~ made by ~uch Court as an admitted eq~ity and a matter of abaolute right to s~id MORTGAGEE. ~nd without roferu~c~ fo tF» odpuecy ot inad~quacy of the val~e of the property mortgag-d or to the solvency or insolventy of said MORTGAGOR Or fM d~f~e?dant~, •nd 1Fuf suth rsnri, profits, incom~, issues a~d revenues shall be applied by such Reteiver accordinfl to the ii~n or puity of~said MORTGAGEE and tM prattip of suth COUrt. 8. 7o duly, prompHy and fully perform, discharge, executc, effect, comp?ete, comply with snd abide by rsch ~~d ~wry th~ stipul~tions, aqrwrn~nri, condittona ~~d covensnb in ~aid promissory note and this mortgage yet forth. ' 9. Th~t in ths weM the ownership of tha martgaged premiun, w any part thereof, becorrKf vast~d in a ptrton oTMr fh~n tiw MORTCrAGOR, tM MdRTGAGEE, iri tutc~uor~ and ~ssigns, may, without not~ca to the MORTGAOR, deal with iuch ~ucuuot w M+cteasor in int~r~~t with r~fer~nn to this mwtp~p~ and fM debl her~by secured +n the same manner aa wiih Mortgagor without in any way viti~tiny w distharyinq tFH Martqpors' li~bllity FNrnr under w ~pon t!u debt hereby secured. No aale of the premises hereby mortgaged end no forbearanu on 1M pan of tM MORTGAGEE or Iri wtt~ason ot sssigns and no extension of the time for the payment of the deb~ hereby secured qiven by the MOR7GAGEE or its ~uttt~ion or ~wigns, ~Full operst~ to rolease, diacharye, modify chanqt or affect the orig~nal Iiabiliry of rhe MOR?GAGOR herein, either in whole w ln put. 10. tf is apeclfically sgreed that time ia of the essence of this co~troct and th~t no w~iv~r of •ny abliqation hfrwnder w of tf» oblipatbn sr cvrsd her~by ~h~ll ~t ~ny time thereafter be held to be a waiver of the terms hereof or of the instrum~nt iscur~d Mrby. 11. In addition to the forego:ng monthly payments of princ'pal and interest requirecl by the promiafory note sec~red hareby, motfp~gor cown~nh snd sgreea to pay ta mortgagea with each monthly payr,,ent an add~~ianal ~um estimated by mortga9ee to ba equsl to 1/12 of the ~nnusl twt of ihs follow- ~~9~ A-All re~l properry taxes levied or assessed against the above described real estate. B-Pramiums on fire and windstorm insurance as herein requ~red to be cerried o~ the improvemants situat• on ths •bovd de~tribad pnmi~. C-Premium~ an such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to c~rry on th~ loan tetur~d Mr~by. Mortgages shall from eime to time notify mortgagor in writing of the a+no~nt- due serd paysble h~eunder snd suth wm shdl th~rlupon b~ dw srtd payable on the due date of the next monthiy payment and each sc=cessive month thereafter until mortgage~ thdl notify mertgsgor of • chanp• In wch amount. Such sums fhall be applied by mortgagee toward ffie payment nf real property taxes, insurante rem~umf, and monp~q• puer~nty inf~r~nct premiums. IN ~h'17NE55 YVHEREOF, tha uid MORTt'iAGOR has hereunto set his hand and seal the day •nd ar first afor . SiQ ~ d, a d+nd iver reserxe of: al~ ~ •n . ,~n STATE Of FLORIDA - ~ 3mint Lucie u' couNnr aF _ Defore me psnon~lly spp~erod W~ A~ Palmer ar.d LOll~!!!! Pelmer hii wife, to me weil knawn and known to ma to b+ fhe individwl3 described in snd who e~eec~ted the #oregoirtg instrument, and acknowledged befwe me tfiat tfiey exxuted tha ~ame for the purposes therein expreised. Md the sai~1 Louise ~BZIR92' wif~ of the ~eid ~ Pel.mer ~ , upon ~ separrte and priv~t~ - exemination by ma taken ~eparota and apart from her said hv~and, acknow~edged to and betore rta that ~he exetvied asid irutrument frtely ~nd volvrr tarily ~nd without ~ny compulsion, constraint, epprehensionrpi! fear of or from her said husbsnd. . J WITNESS my hand and officis! aeel this- ~ day oi-' A $t A. b. 19~ _ $ ~ ~ , Notary Public in sr+d fw tM St~ts of florids ~t l~rye ~ My Commission ~:pita: Rewrn To: • I~letpry Pubiic, State of Florlds at Larqe F6rst feder~l Ssvinq~ ~ loen Association gp~ d by r,~,;~.r;-an Surety Co3of1N~l- Of Fort Pierc~.; - ~ i ~ 4 Fon Pierce. Hpri1lM Y, t;!: J; ; ~0 ` . , : . ~ • `OQK :e,..a~i~ ~ ; 4 • ' `~i'~ti`'`~ _ ~ ~ _ riC~`,~~ y sr~. ~ • -'t.. ,i"" , 1N--.~ n , t ~ ~ ` : ~ ~ .~1~~. S V rs ~ , . ~•,..t~~W'~~; _ ~ n ~7~'`~ ( , ~ ~ - , 6 p ~ ~ ~ ' S ~ _ . ~-j'. .6 . , ~ ` ~ ~ 5. ~LE~K ~ :~,:~:v.,~•. : R;•••~' RO~ER Y ClE ~~~NtY, . : ~ , ~~F~~,, ~ 5T' L ~r~-OR~~A ~ BOCK~~~ ~ ~ ~ . ~ .,~'.y~' ~ ' ' ~ -