HomeMy WebLinkAbout1943 i ~
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Te pbq ~nd oonMnuou~ly ktep on tM buiidirp~ now a Mn~fter ritueN on uid I~nd ird on dt pulpmrnl ~nd p~rwn+lly cownd 6y thii mw1q~
p~,,, with ~II pnmiwm Ilwrwn p~id in }ull, fire i•w~~nn in tM uswl ~r~idard polky fam, ie • sum ~pporrd by tM MOItTGAGFE, ~nd w~nd~tam
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krwmp In 1M wwl ~4nt4rd polity form, in ~ wm ~pprovad by tM MORTGAGEE, In luth tomp~ny a tdnp~niM1 N ~M N~IITGAGFE m~y ~
~nH~ ~nd dl fin md winddam insw+na polici~s on +ny af s+id buildinp~, my inMrat thertin or p~rt tMreol, in the aqqreq~t~ aum ~forn+id a I
In ua~ IINr~of, 1h111 toM~in tM uw+l ~tmdMd mortqaq~e tl~uue w tvch othe cbuu u tM Matq+gw rrwY rpuir~, mekirg iM Ia4 under ud pdF
dM, Mch +nd ~wry, p~Y+bb ro uW MORTG(~GEE +i in intere~~ m~y ~ppur, ~nd nch end every wth poliq ~hall b~ promptly p~:pned ~nd d~livtnd ro
, my FaW by Nid MORTGAGEE a furtMr wcwiry ro uid matgpa d~br, ~nd, not Iw Ih~n t~n (10) d+y1 in advance ol the expintion ot e+ch policy, ro d~- I r
liwr a wW MORTGAGEE ~ raNw~l NurwF, topdMr with ~ rec~ipt fw tM pnmlum o) wth nn~wal; and tMn ~MII b~ no fin or windrtorm inwunu
pl~pd on ~ny of pid buildirg~, ~ny in~H„1 tMr~in a put tMrwf, unb~s in the krm ~nd wfth tM loa~ p~y+bW i~ ~forouid; rnd in the ~vtnt ~ny wm
d momy McomN p~y~ble undv wch poliq a polkie~ uid MORTGAGEE tfiall fuw IM option to receiva end ~pply the uma on +ccount ol tM intkbied~
nw Ncurod Mreby a ro pumir u{d MORTGAGOR3 ro rKUV~ ~nd uw it or eny part thereoi for mher purpo~es, without therebr waivi~+g or ~mpair•
kp ~ny ~quity, Ihn a rqhl und~r a by virtw of thu mortyapr, ~nd i~ tM want aid MORTGAGOBS thall fa ~ny r~awn fail ro keap the wid premi?a w
MNUnd, a f~il io dirliwr promptly ~ny of uid politia al inwrmc~ to uid MORIGAGEE, u fail prompHy to p~y fully ~ny premium fMrefa a in ~ny •
rNpct f~il b p~rfor~ d4chupe, eaauN, ~ffeH, complNe, wmply wirh md ~bid~ by thii tovenen?, w+ny pui heroof, said MORiGAGEE m~y plut ~nd
p~y for wch InWru~ a any p+rt 1Mroo1 withou! w+irinp ot ~ff~ctinp my oplion, INn, equity, or right und~r ot by rirtut of thio Mortppe, +nd the i
Iu11 wnount of ~ a~d w~ry wch p~ymrM ~h+ll be immedi~tely du~ and peyibl~ end ?M!I bNr imero~t from tM d+t~ thereof until paid n ~he ut~ ol
nira p~r pnlw i per +nrwm and tog~ther with euch ~taest shali be acured by tM lien of tAi~ mortpege.
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4. Te pKmU, eommil or wff~r no w~sq, imp~irmem a deteriorition of uid properry a any put thereof.
5. To p~y ~II N+d ~inpubr 1M tods, ch+rpe~ ~r+d expemef, iacludiny a re~soneble Ntorney's fee and cotlt of ebflrottf of titla, ioturred or p+id at
my tim~ by uid MORTGAGEE, beuuw a in the event of the iailure on the part of the seid MORTGAGOR to dvly, promptly ~nd fully perform, d~uhaiqe,
~xaut~, ~ff~et, tampNq, compiy with and ~6~de by ach ~nd evary the ~Npubtlan~, ~greement~, conditiom, md covenent~ ot ~eid prominory note md thit
nfortpp~ my or ~itMt, end wid cat?, tMrqe~ end exoenus, e~th end every, sMll M immediately due and p~y~ble; whether or rwt there b~ notice dr
mmd, NMmpt to tollat a fuit p~ndinp; md the full amovnt of each and every wch paymem shall bear imerost from the date thereof until paid a1 the ~
r~t~ of nin~ p~t tentum per ~enum; and all aaid mtb, charges and expen:e~ inturrad or paid, together with suth inNrMt, ~hill be tKUrrd by tM Ihn of thi~
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0, TMt In tM twnt o( my breah of thif Nbrtgp~ or defeult on the part of the MORTGAGOR, or (b) in the event ~ny ot"uid wmi of money ;
hwdn ref~rnd 1o bs not promplly end fully paid within fhirty (30) days next aiter the same severally become due and payable, withoui damend or nmice, ~
o? le tM ~wnt tath ~nd every the stipulations, agreemmts, tonditiom and covenanls of ~aid promiswry note and thit mortgape ~ny a either ere nol ~
~uly, prwnpfiy ~nd fully perfamed, diuharged, execeted, elfected, completed, complied with ind ebided yy, then in either or eny tuch erent tM uid ~p~ ~
prp~h wm rtNntion~d in uid promiuory note then remaining unpeid, with interesl actrued, and all moneys ~eNnd. hereby, thall become dw ~~d pay~
~bl~ forthwirh, a tMrwfta, ~t 1M option oi aid MORTGAGEE, as fully and complately at if all of the said sui+u of~ monay werc orpinelly titipulated I
fo b~ paid on wth d+y, +nythinp in said promissory note or in thif Mortgage to ~he controry notwithtundinq; and thereupon or thereahar at the option of
uW MCRTGAGEE, without notin or dem~nd, tuit at law or in aquiry, therefore or thereafter begun, m~y M protccut~d u if ail monayt ~ecur~d heraby _
Md rtNNnd prior lo ib inftitution. ~
7. Tluf in the wenf th~t ~t ihs beginning of or ~1 any time panding any wi1 upon this Mortgage, ot to fortclof~ It, or ro mform II, or lo enfofa
pyrMnl of ~ny ddmt Mrounder, Nid MORTGAGEE ~hall apply to the Court having juriediction thereof for the appointmem of rRaeiver, tuch Can ~h~ll
forthwNh ~ppoint ~ reteiver of ui~! matp+ped property all and einguta~, inciud~ng all and singular the incoma, profite, iuun and rertnue~ Irom whatewr i
wura dHiwd, ath ~nd ~vory o# which, i~ beinp ~xpressly undeniood, is hereby mortgaged as if ~pecifically ut forth an8 dacribed in the pi+ntinq and i
, hab~ndum dw~e~ hereof, md wth Rectinr ~hall have all the broad and effective functions and powers in enywi~e entru~ted by + Courl tp ~ Receivtr, and
wch appointrnmt ~hall b~ m~de by wch Court as +n +dreined equity end a rt+atter of absolu!e right to taid MORTGAGEE, and wirhout roferena to the i
~dpwty a in~d~qu+cy of Ihe v~lue of the property mortgeged or to the soivency or insoivency o( i+id INORTGAGOR or the defendan~, ~nd that suth
renh, profih, incom~, luue~ md rwenue~ ~hall be applied by wch Receiver accordinq to rhe lien or equity of uid MORTGAGEE end the practise of mch j
CAUrt. ~
6. To duly, promplly ~nd fully perfam, discharpe, exaute, effetl, complete, comp~y with end abide by ach end every the ttipulatians, egr~emenb, ~
conditions n~d covenmh in Hid promiiswy nme and this mortgage ut forth.
9. Tfut In th~ ~wnt fhe ownership of the mortgaged premitee, or eriy part thereof, betomei vested in a penon other than tM MORTGAGOR, th~ I
MOaTGAGEE, Itt wttauon ~nd usiyro, may, withou~ notite to the MORTGAOR, deal with wch sutceuor :x Wccestor in inteteat with refere~te to thi~ ~
rtwrtq+~po ~nd tM debt henby ~etured in the x~me manner as wirh Mortgegor without in eny way vitiatirp or discharging fhe Mortgagors' liabili~y her~ I
untkr nr upon tM debt hereby secured. No aale of the premises hereby mortgaged and no forbearante on the part al tha MORTGAGEE or ib wcceuort ~
w ~uiym end no extension of the time for the paymem of the debt hereby sewred given by ihe MORiGAGEE or its wccessors or auignb ?hall operate ~
lo nle+f~, diuharpe, madify change or affect the or;gir.al linbi!ity of the MORiGAGOR herein, eilher in whole or in part. i
10. h is tipacifically agreed that time it of ihe essence of this tontract and rhat no weiver ol eny obligatron hereunder or of ihe obliqtlion ta I
cund henby th~ll N ~ny tim~ thereaher be held To be a waiver of the terms hereof or of the instrumant secured harby. I
11. In addition to the foregoing monthly payments of print'paI and interest required by the promissory nore setured hereby, mortgagor covmanto ;
and +qrea to pay to mortgagee with eath monthly paymem an addi!iona~ aum eslimaled by mortgagee to be equal to 1/12 of the annuai cost of the follow- ~
inq:
A-All red proparty hxe~ kvied or as~eesed agaiasl fhe above described rea~ estate.
8-Nremium~ on fire end winde~orm insuronce as herain requ~red to be carried on the improvememt situate on the above describod premises. ~
C-Premiumt on ~xh mortgago guaronty insurance as mortgagee shall from ume Io time deem fit ro carry on the loan tecured hereby, ~
Mortqagee thall from time to time notify mortgagor in writing of the amoun~ due and payable hereunder and euch aum ahall thereupon be due and ~
payible on the due date of the next monthly paymem and each suctes5ive month thereaiter until mortgayee shall notify mortgagor of a chang~ (n wch
amount. Such sum~ thall be applied by mortgagee toward the payment of real property taxea, insurance prem;urr,~, and mortgape 9uar~nty inaurance y i
premium~, ~
IN WlTNES$ WHEREOF, the ~ew MORTGA60R has hereunto set his hand and seai the day and yar fint afore aid. ~
S n~d, 5~ ~d +nd vered in th~ pretence of: ~
r 5ea!) !
(S~eq
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_ (Seal) {
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STATE OF FLORIDA I
COUNTY OF St. - LL1C S9 I
Befae me penanelly sppeered Fr_e ~ F. ~~8111~ end
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Dorris DL ~,d8ffi8 his wifs, fo me well known and known to me to be
the individwie dtxribed in end who executed t'he foregoinq instrumero, and acknowfedged before me that they executed ihe same for tha purposea i
rna+e~n.z~~~a. ,a~d rn~ ~a~a _ ~orri~ D. Adams M
w:rfe of tM ~aid FZ~ed F_ AdBIIL3 _ , upon a seFarate end private I
rx~mimtion by me taken kparate and apart from her aaid huaband, acknowledged to and before me that ahe eaecuted said instrument freely and volum
hriiy md without eny canpubioo, cOnifreint, apprehe~si0 Or fear of or from her seid husband.
WITNESS my hand and officiel teai thi~_~ day of S8 tember A p~y 65 ~
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Notary ~ic in end (or the 5t~te of Florida at larqa
Ff AN RE~CORDED ""Y eo m~.~~~, expirer.
Rewrn.To; ~ No?zr/ Pt,~' S`:!t~ c' F'Cf'(J~ dr C.DI'E{0 j
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Fint Fadarll Savirq~ 4~om ~l~t' ~O~K A1;~ ~v;r^~>5_.~ - 1951, I
•',~~,Of'PoN~1i¢i(e,~;~, Bonus~ Gy nrier~can ~urziy Go,pf y.!~ !
p'on PiS1cG, Florfd~d-
~ ~ ~=?ss s~p 3 Phi ~I : 05
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ROGcf~ ~ i.~,iii:,5 CLERK . • '
. , 5T. LUCIE COUf~TY, ~
' . ' FIORIDA : ~ ' ~ I
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