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HomeMy WebLinkAbout0057 ~ S. To placo a~d contiavovsfy kNp on tM buiidinQ~ now o~ hs.~aft~r Htwts on as~d l~nd snd oes al~.quipm~ef and p~rw~lly aovrnd by this mortq~ p~, with ~q prMnivny tMnon p~id in fuil, fin imur~nco in ths uswl aandard policy fam, in • ~um approwd by ti» MORiGAGEE, and windstwm Imuranu in tM uswl ~qndard polity fam, in • eum approv~d by the MORTGAGfE, in avcl~ tompsny or cwhpaniea a tM MORTGAGEE may dinctj ~nd ~Il fM~ u+d wind~rorm irnurana policaes on any of ~id buildtnps„ ~ny intrryt tMrsi~ or pan tMrwf, in tFa pqrpat~ wm ~fo«taid or In ~xpM dNnof, ~hall oo~t~in tM wwl st~ndard mortgspN ciausa or such other c~aua a tM Mortyaq~a rrwy requin, mikinq tFu loa~ w~dN said pol~ ciN, ~ch and ~v~y, p~Yabls !o s~id N10RTGAGEE as in insK~st may ~pp~a~. ~nd Nch and ~very ~uth policy ~hall b~ promptly au:qned +nd dsliv~~~d to ,~ny h~W by said MORTGAGEE a furrher aecuriry to ssid monys9e debt, and, nat leu than ten (10) days in adv~nc~ of tM •xpiration of e+ch policy, to d~- ~iJp to t~id MORTGAGEE a r~Mwal tMnof, top~thK. with a rxsipt for tM pranium of f~ch renewal; and theh ahall be ra fira or windstorm iruurance plapd on a~y of uid bvitdirgs, any inHr~st tMr~in or part therwf, unleu in tM form and with th!e lo~s payabl~ as afa~said: ~nd in tM ewnt ~ny sum pf ~oe~y b~canNa p~y~ble wid~r wth polky a politias s~id MORTGAGEE ahall Mv~ th~ optio~ to r~ceive and ~pply the sams on accounl of the indsbted~ nNi t~tur+d h~?~by p W p~rmit ~sid lNORTGAGORS to r~eeiv~ and usr it a any part thereof for other purposes, without lherebl waivi~~g or impair- !np any puitp, llen a rlqht ue~der a by vi?tw of thu morlp~~e; ~nd in tF+~ ~vent ~aid MORTGAGORS tMll fw ~ny r~uon fail to ke~p tM ~aid pr~mi~as so Inwrod. a fiil to elNiver promptly any of sa?d policies of lnwr~nce to ~sid MORiGAGEE, or feil promptly to pay futly any pramium therofw or in any r~tp~cf f~ll b pafwm, disch++q~, ex~t~, ~ffect, compl~t~, comply with ~nd ~bid~ by this tavenant, or ~ny part h~nof, said MORTGAGEE may place snd pay fo? wch Imura~o~ or ~ p~rt tMnef wirhout w~tvinp or ~ff~ctinp ~ny option, Il~n, puity, o~ r~pht und~r nr by vlrtw of this Mortq+~~, +nd tM fvll amonnt of eaeh aed w~ry wch p~ymtnt sh~ll b~ imm~diat~ly dw se~d p~yabi~ and ~hall b~u Intera~t from tM dat~ therwf ~ntil paid ~t the ra» ai nlnie pe~ pertum p~r ir?num and toqethar with ~uch intereyt fhafl be secvrtd by the li~n of thi~ etwrtpaq~• 4. Te p~renit, oommlt or wffK no w~ss~, impsirrteent or deteriontion of ~aid property w eny part thereof. 5. To p~y ali u~d sinpulu tia cosri, charqes and expenaas, includinq a reaioneble ~ttorney'a fee ind costs of ~b~tracts of title, incvrrsd or paid at rny tim* by 4rid MQRiGAGEE, b~uwa or in the avsnt of the failure on thb part of th~ taid MORTGAGOR to duly, promptly and fu~ly perform, d~uherq~, ~x~cvt~, ~ffect, ~ompleM, oomply with and abide by ~ach and every the stiputstio~s, aqreements, conditioni, a~d covansnt~ of uid promiswry no4e and thii matgp~ ~ny or ~ither, and ~aid toits, charget and expentes, each and every, ~hall be immed'+ately due and payeble; whether or not thor• be rotice de rtNnd, ~tMmpt to eollect ot ~~it pendinyp and fh~ full amount of each and every svch paymertt shall bear intarest from the date thereaf until pald at the rit~ of niM p~r tentum p~r ~mium; and afl seid costs, charyet •nd expense~ incvrred w paid, together with such inter~at, shall b~ L~cured by th~ litn of this b. T1?at (a) in the event of any bre+ch of this Mortgage or defauit on the part of the MOR7GAGOR, or (b) i~ tfie ~vant ~ny of said sum~ of monay Mreln ?MfKnd !o be not promptly and fully psid within thirty {30) daya nax! after the ~ame severolly become due and payable, without demand or noticr, or W In tM twm tach ~nd ewry the ~tipulations, sgroem~nli, conditions snd covenante of aald promiswry note and th~s mortqay~ any o~ either ~re not ~uly, p?omptlY ~nd fully perform~d, diKhar~ed, executed, effected, completed, complied with and abided by, tlxn in eitMr w any such ~vent thr said a~ yrp~t~ sum mentFOnad in ssid promissory note then remaininp ~npaid, with interest accrued, and atl money wcvr~d hereby, ~hall become due end psy •ble forthwith, or thereaft~r, at the option of said MURTGAGEE, a~ fully and completely az if all of the said suma of money were wiyinalty ~tipuleted fo be pNid on suth d~y, anythinq in said promissory ncte or in this Mortgagr to the comrary notwithst~ndiny; and thsreupo~ or thereafter et the option of s~id MORTtbAGEE, without notice or demand, suit at law w in equity, therefore or thereafter bepun, may be prasecuted ~s if all moneyt tetured hereby had matured prior to it~ institvtiore. That in tM ~vent that at the baginning of or at any time pending any suit upon thia Mortgage, or to fortclose it, or to reform it, or to ~nforu p~yment of •ny daims htrevnder, ~aid MORTGAGEE shall apply to the Cour1 having jurisd~ction theroof for the appointme~t of a Receivar, such Court shall forthwith appoint a receivQr of ~ei~ mortgaged property all and singul~r, int~ud~ng all and singu~ar the intome, profits, issues and revenues from whatever wurct derivtd, each and every o which, it being expressly ~nderstood, is hereby morrgaged a• if specifically set forth and described ln the gr~nting and habendum clautey ixreof, and such Receivar shall have all the braad and effective funct~ons and powen in snywise entruftcd by a Court tq a Reteiv~r, snd such appointment shall be mede by such Gourt as a~ admitted equity end a matfer of ebsolute right to uid MORTGAGEE, s~d without referenc~ to the ~dpuecy a inad~q~acy of the vel~e of the property mortgaged or to the iotvency or insolvency of said MORTGAGOR or the defendanta, and that suth r~ntt, profi», income, itsues a.id revenues shall be applied 6y •uch Receiver according to the lien ar equity of ieid MORTGAGEE and the practica of auch CouH. 6. To duly, prompfly mnd fully p~rform, discharge, execute, effect, complete, comply with and abide by aach and every the stipulntions, agreements, condition~ ~~d covanant~ in uid prom(uory note end thls mortgage set forth. ' 9. Th~t in tha event the ownership of the mortgaged premises, or any part thersof, become~ vasted in a person other then the MORTGAGOR, the MORTGAGfE, iti successors end aas;yns, may, without notice to the MORTGAOR, deal with such tuccassor or wtcetwr in interest with reference to this mortysye and the debt hrreby secured i~ the ssme manner at with Mortgagor without in eny way vitieti~g or discharging the Martgagora' liability herv- under or upon the deb~ hereby secured. No sale of the premises hereby mortgaged and no torbearance on the part of the MORTGAGEE or its successors or auigns +nd r~:, extertaion of rhe tima for the payment of the debt hereby secured given by the MORTGAGEE or its ~uccessors or aatigm, ahall operats fo r~leate, distherpe, modify change or affect the original liability of the MORTGAGOR herein, either in whale or in pert. 10. It is specifically agreed that time is of the esunce of this contract and thet no waiver of sny obligation hereunder or of tha obtiqetiOn sr cvred hertby sh~ll at any time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor covenant~ and agrees to pay to mortgagee with each monthly payment an addirional sum esr'mated by mortgagee to be equn) to 1/12 of the annual cost of the follow- inp: A-All real property taxes levied or assessed against the above described reat estate. B-Premiums on fire a~d windstorm ir.surance as he+ein requ~red to be cerried on the improvement~ situate on the above described premises. C-Premiums on such mortgage ~uaranty i~surence as mortgagee shall .'rom tirne to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mcrtgagor in writing of the amount due and payable hereurtder and such sum shalf thereupon bc due and pay~bfe on the due date of ihe nexi monthly payment and each successive month thereafter urti~ mortgagee shall notify mortgagor of a thange in such emount. Such sums •hall be epplied by mortgagee toward the payment of real properry taxes, ineurance prem;ums, r~d mortgage guaranty insurante premiums. IN WlTNESS WHEREOf, the tsid MORTGAGOR has hereunto set his hand and seal the day and year first sforeaeid. ~.Si rled a~ daqvtr in the prexnce of: ~ ~ ~ ~ / ' ~ (Seel) Qr ~ ' (Se~!) (Soal) (Seal) STATE UF FLORIDA ~ cou~vrr oF S t_ Luc i e 6efore me pena~ally appeared ~illiam W Hsrri s and ~L1ZA~~ J. ~~.,Y'1°j.:7 his wife, to ma we~l known and known to me to be the Individvais described in end who executed the foreqoinq instrument, snd acknowledged before me that they executed the same for the purposes therein expraued. And the ui~ ~ Z91 J H~rrt a wife of ther ,~;d _ Wil liam W_ H~t`I'~8 - ~pon a separate and private examinetion by ma taken ttpsrate end apart from her taid husband, ecknowledged to and before me thet she executed said instrument freely and volurr tarily ~nd withovt +ny compuliion, constraint, apprehension~/ fear of w from her taid hu:band. WITNE55 my hand end official seal this ~ day of ?S9 tiAmb6T` A. D. 19_~ ~ ~ ~ ~cl ~ Notary Publit in snd for the State of fbrde at larQe ~ 1, R D E D My Commissiere expires: - 3" G,~ Rerorn To: rlotary Public, State o! F!or:da at ~.arge Fint Fedsral Savir,qs d~ lo~n As~i i ~ O Q f( My Comm~ss on ;.x ? r 3:~ev• 3, 1~05 Of Fort P~eree. ~ Bonded by Ame~i:,a~~ ;iur•~~_: a. o f N. Y. , . fort Pieru, Fftiric~a (,~-C.~C.LCiC..J 'W•^ „ ~ ~ SEP 28 AM 10 : 58 . . ~j r _ ~ _ ,aJ~• ~ i~''~,~- ~r`~~~~..~) ~'~~ri rY . . j;~~,~~ r~;?'~.~'~.:. - ~'QI i RQS. CLERK : ..r ~ _v1iC~v;`i~C. ~t7~ls ~d~K~ ~ _ • d~ ~ ~ 4... ~1~ COUNTY. ~ k _ _y_~.f~~ j~•; .•i t j'` 1\' ~Ll--. . . ~-i}'2 - : . i~ ~ ~ ' r, ` , ~ ~~lU•., t~ 1:~,-. ~ , . , ~ , ¦ 'y ~V:::..• l~\t% . . hsN•• ` • ; j~,~t'~ f~tilH:tl~jt~ ~ ~ I ~ 4 - . ~ i r . " ~ - ` _ ~