Loading...
HomeMy WebLinkAbout2150 . ) i ~ 3. To pi~p and contim?oualy kNp on th~ bvildirps rw~w w i~ii~h~r ?it~~t~ on arid iwd +nd on ~11 puipn~wf ~nd pNSOn+lly aovK~d by 11~is rno?R p~. witA dl pnmiun» tMrion paid in fvll, fire i~suranc~ in ti» usual sand~~d policy fam, In •~um app~owd by fM MORTGhGEE. ~nd wind~twm + iraix~e in th~ uswl u~r?dard policy form, in • wm ~pprov~d by rh~ MORTGAGEE, in wch company w eo~np+ni~s a tM ti1dATGAGEE may dlntt~ ~nd ili fM~ ud wlnd~wrn+ ihsw~rroe polkies on ~ny of ~sid bulldi~ps. ~ny ints~~at th~.ein or paA tFw~~of, in tiw apq~p~'~ w~+ afaNaid a in ~eeas N»rwf, t~Fuil ~e?bin tM wual q~ndKd morrgagM cisuk or such otF». dwie a~ tM MortpagN n++y rpv~n, mskinp tM lo.~ wd« uid pdM dM, ~ach ~nd ~wryr, p~Yabl~ to said MORTGAGEE as ih intsresi re?~y app~ar, ~nd sach and ~very s~ch policy ihall b~ prnmptly ~u:yne~ ~nd d~livKad ro ,~ny h~id by wW MORTGAGfE a furth~r s~cusity to artd mortpap~ d46t, and, not 1~ th~n tRn (10) day~ in sdvsnu of tl+~ ~xpi:ation of ~ach policy, to dr (lwr W s~id Mt7RTGAGrEE ~ tawwal tl~4f, Mp~1h~r with a rec~ipi for the p?~miun? of wch r~rtawal; ~nd th~r~ sMll t» ra fir~ or wi~dstam insuranc~ plac~d on my of Nid b~riW3nps, any Inta~at tMr~i~ ot part thertof, unl~u in the torm •nd with Ih~ lou pay~bl+ ~t ~fwtsaitl; and in tM awnt ~ny wm of rnoe»y b~cpnrt p~rabl~ und+r suth polky or polic~es s~id MORTGAGEE thell hav~ tM option to nceive and apply tha sam~ on atcount of th~ ind~bttd- , Mat Ntund l~r~by w lo p~nnit said MORTGAGORS fo rKeiw ~nd ua~ It or any part tMreof fw ather p~rposet, witlw~t thsreb; waivinq or ~mpair lrq u?y puit~r, li~n at rlpht u~d~r a by virtw of thia mortpaAe; and in th~ ~vent w~d Mt~RTGAGORS ~hall fa ~~y r~ason f~il to kaap tF» ~aid pr~mises w Insurrd, or fd! io d~liwr p~omptly any of ~aid politlrs of inw~anca to said MORiGAGEE, w fail promptly to pay fvlly any pr~mium tharefw a in any nap~et f~il q p~rfor~, distl~yr, ~xecut~, ~ff~ct, compNt~, tomply with snd sbid~ by rhis covanant, w sny part Mrwf, aid MORTGAGEE may plsce and pay fw wch IrMwMa or any put thN~of without wa4vir+p w aff~ctinp sny option, li~n, equity, or rigM und~r or by virtw of thi• Mwtqay~, arid tMe full arnovnt of ~ach ~nd swry such peym~nt shall bt imm~diat~ly dw snd payablo and shall tyer interest from ths dat~ thereof until peid et tF+~ reta o1 nir» pN c~nt~m pa ~nnum and tayather with ~uth interest shall be sscured by the lien of thi~ mortqays. 4. To p~rmft, oommit or svffa no wasN, impairment w deteriw~tion of uid property o? any part thrreof. 5. To p~y ~11 and skpular ths coata, tAarqa~ ~nd expensea, includinq a reason~ble sttorney't fee and cwts of ~bttrsct~ of title, incurred or paid +t •ny tlmf by wW MdRTGAGEE, b~C~~fa a in the tvent of the failure on th~ part of th~ said MORTGAGOR to duly, promptly ~nd fvlly perform, dixherqe, ~x~cut~. ~ff~tt, compl~ts, comply with and sblde by ~ath and every the stipulations, ~greements, conditions, ~nd cov~nants of seid promissory noN ~nd thi~ maty~ enr or ~itlwr, ~nd iaid tosta, cMrq~s and expentes, each and every, •MII be immediately due and payeble; whether or not there be r~otice de mand, ~tt~mpt to coll~ct or tuit p~r+diny~ and tF.~ full amount of each and e~ery such payment shall bear intereat from the date thereof until pald at tM nM of ntnr p~r crntum p+er ~nn~m; ind all ~aid cwb, charge~ and expenses incurrad w pa~d, tugenc~r with wch int~r~nt, shall b~ a~cur~d by tl» li~n of thi~ 6. That (a) in tM ev~nt of ~ny b?sacF~ of thi~ Mort~afle or defiault on the part of the MORTGAGOR, or (b) in the event ~ny of said wms of mo~ay MrNn r~f~rred to b~ not promFtly and fully paid within thirty (30) days next after the same seve~ally bscome due and p~yab~e, without dem~nd or notice, a(Ca fn ths ~wnt ~ach snd evtry tM ttipulations, agreementt, co~ditioni and cove~ants ot tatd promissory note and ih~f mortg~ye any w•ither ~rt nof ~uly, p?omptly snd fully performed, diuharged, executed, effected, completed, compl;ed with and ~bidea by, tMn in either o? any such ~vont tM teid ap~ prpat~ ~~m m~ntion~d in uid promitsory note then ~emsining unpeid, with interest accrued, and al! moneys ~ecur~d hereDy, ~hall become due and pay ~bl~ fotthwith, or tMteaft~r, at ths optio~ of tsid MORTGAGEE, ai ful~y s~d completely ac if all of the said svms of money were aiyinally stipulated ro b. pa~d o~ •~ch d~y, ~nythlrp in said promitisory ~ote a in thia Mortgage to the contrary notwithstsndinq; and th~reupon w ttvereatter it the aption of f~id MORTGAGEE, without notite or demand, tuit at Isw or in equity, therefore or thereafter btgun, m~y b~ prosecuttd a if •It monayt ~ecund heteby h~d maturtd priu to ~n Institvtion. 7. Th~f In tM ~vant ihat ~t tM bsyinninq of or ~t any fime pending any suit upon this Mortgaye, or to 1or~tlost it, or ta refQrm It, or to enforc~ piyment of •ny el~im~ Mr~undti, s~id MORTGAGEE shsll eppfy to the Court having jurisdfction thereof for th~ ~ppointment of ~ Receiver, tuch Court th~ll Forthwith appoint • nceiv~r of sai~ mortysyed property a~~ end singular, includ~ng atl and s~ngular the inmm~, profits, istues snd rtvenve~ from whatov~r wure~ deriwd, ~ach ~nd tv~ry o which, it beinq expresely undrrstood, is hereby mortgaged as if specifica(ly set forth and described i~ the p~antinq and hab~ndvm clau~e~ Mrqf, and i~ch Rec~iv~r ohall have all the broad and effecrive functions and powers in anywiie entru~ted by a Court ty a Retaiver, ar.d ~uch ap~poinTmrnt sh~ll be m~de by tuch Gourt as an admitted eqvity and a matter of ebsolute right to uid MORTGAGEE, ~nd without taferenc~ to fhs ~dpuacy a insdpvety of the vslue of the property morlgaged or to the sotvency or insolvency of ~eid MORTGAGOR or tfie defendanti, and that such rsnts, profib, incw?», iuues and rsvenues shall bs applied by such Receiver according to the lien or equity of ssid MdRTGAGEE end the practiu of ~uch Court. 8. To duly, promptiy •nd fully prrform, diicharge, execute, effect, complete, comply with and abida by each snd every tix ~tipulations, ayrNtmen», conditiona and covenant~ in said promissory note and thi~ mortgage set forth. 9. Th~t in the event ihe ownership of the mortgagcd prcmisce, nr any part thereof, becomes vcstod in • person other tfian the MOR7GAGOR, the MOR7G+4GEE, in tucteuon •nd ~stigns, may, without notice to the MORTGApR, desl with ~uch succes~or or wtces~or in interest with refer~nce to thi~ mortg~pe and the debt hereby secured in the same manner es wi~h Mortgagor without in eny wey vitiatiny or d~uharging the Martyagon' liability herr under w upon ths debt hereby ieturtd. No ~ale of Ihe premite~ hereby martgaged and no forbearente on the part of the MORTGAGEE or its tucteasori ot essiqru and no extehiion of the time for the payment of the debt hereby secured given by tha MORTGAGEE or iti successws or auigns, ~hafl operate lo nlaau, discharya, modify chenge or affect the original liabitity of the MORTGAGOR herein, either in whole or in part. 10. It is specificaily syrx~ !fiat time is of the essence of this contract and thet no wsiver of any obligation hereunder or of the obliq~tion se- Cvrsd her~by iholl ~t a~y time thereafter be held to be a waiver ot the terme hereof or of the instrument setured herby. 11. In addition to The forego:ng monthly payments of princ'pal and interest required by the promissory nore secured hereby, mort~agor covenants end ~flrse~ to pey to mortgagee with each monthly payment an addirional sum estimated by martgagee to be equal to 1/12 of the annuel cosi of tha follow- ~^9~ ~ A-All reel property tazef Itvied or asaessed agai~st thc a6ove descrihed rea~ estate. B-Premiums on fire and windstorm insurance as here~n requ~red to be carried on the Emnrovement~ a~tuate on th~ ebove descr~bed premi~es. C~Premium• on auch mortgage puaranty insurar~ce as mortgagee shai! from time to time deem fit to carry on the loan secured hereby. Mortqagee shall from time to timc notify mortgagor in writing of the emoum due and payeble hereunder and auch •um shall thereupon be due and payable on the due dafe of the nezt monihly payment and each successive month thareaEter ur~~il mortgagee shall notify mortgagor of.p change in such ~mount. Suth ~ums tF.all be applied by mortgagce toward the paymer,t of real property taxes, intura~ce Frem~umi, and mortgage guarenty insuronce premiums. • IN WITNESS WHEREOF, the uid MORTGAGOR has hereunto set h~s hand and seal the day and year ' af aid~ 9 ~al~ d r~y n the p*eaence of: (Ssel) (Se~l) ~ Seal) (Seal) STRTE OF FLORIDA ~ St. Lucie u- COUNTY OF ~ 6efore me personally appearec9 C+ • J• C ria ~ and Ir@l1e Cr 8t his wife, to me well known and known to me to be the individuals described i~ and who executed the fwegoinq in rument, an ac nowledged before me that they exetuted the same for the purposes therein ~xpresx~. And the ~eid ~rens ~I'~s~ wife of tM wtd C• J• Criit upo.: a separate snd privase exemination by me take~ sepa.ate and apart from her said hvsband, ecknowledged to and bpforo me that :he executed said insrrument fneely ard volun- tetily and withouf sny compuliion, conatveint, apprehens~i os fear of or from her said hua'~and. WITNE55 my ~snd and offitial seal thie day of s8 tember ~ A. D. 19 "J ~ _ ~ , • Notary Publ' n an for tlie Stafe of Florida st Larqe ~ ~ • . My Commi an expires: Return To: Ffnt Fedsrsl Savinyt a Loan Association + NOtery Pub1iC. S:att 0` Ffor;da at Large Of Fon P;~«e. FILEO AND RECOROEO h9y Comm!ss eric~~j Sur i~ co 'of N Y= wr+ F+~.;~a ~ N g 0 0 K ~ond.a ey ~r+ ~ . " L~~"" v'• J ~ ` - ~ ~~f '~5 SEP I 0 P~+I 3 0 3~ . _ ~ ~ ~ . ~ - 1; ;~~~ti`~ . , . _ • ~ ,'c.. ~ ROGER POITr~AS. C~ERK ~ _ - . ~ - . ~ ~ ST. LUCIE COUNTY. ~ , ' . ~ ~'I.ORIOA ` . . ~48 - . ~w~ . _ ~rnµ,~/ ~ - ~ - . ~