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HomeMy WebLinkAbout0187 . . 9, To pbp ~nd oorNinuo~nly kNp on tM bvildie~q~ ~ow or her~afi~r utwts on uid land a~d o~ all tqu{pmN+1 and p~rsonally covKed by this mort~ ap~,"with ~il pr~mfums tMrw~ pa~d tn fuf~, fin lnsur~nce in t!» wual ~tandard policy form, in a sum ~pprowd by the MORTGAGEE, and wind~twm Mrwanu k~ th~ wual st~ndard policy farm, in a~um +pptov~d by tM MOItTGAGEE, in such comp~ny or compani~s u th~ MORTGAGEE may diriett +nd di fN~r and wind~~am iraurinc~ policiw on +ny of ~+id b~i~dinps, ~ny Intrr~t tMrein or part th~~wf, in tM aQpr~q~te wm ~fa~aaid a in wto~a tlNrwf, ~1) wnta3n tM uwal standrrd mortpag~e davw or ~uth other cl~ut~ si th~ Mortqapes rt+~y rrquin, makir+y tM lou under taid polF d~a, Nth ~nd ewry, pay~bl~ ro said MORTGAGEE u its mterett rruy ipp~a~, arxl aacfi and ~very iucfi policy ~hdl be promptly as~:yn~d and deliwrad to ,~ny Iwld by said MORTGAGEE u furtMr ~acurity to ssid mwrpeqa debt, and. nat I~~s tMn t~n (10I dayi in advanc~ of tM exp+ra~ion of ~+ch policy, to d~- ~ f0 xaid NIORTGAGEE a t~w+l tMnof, togttMr with ~ rateipt for the ptwnium of tuch rentwal; end tF+~r~ ahall be ra fire or windatorm inavr~nt~ pl~pd on My oi Nid buildinps, any int~rest tMr~in or put thereof, vnless in ths form artd with the loss payable ~a afor~said; and i~ tM •vt~t a~y sum of moewy betatws pay~b~t w+d~r wtfi poliey or policias said MORiGAGEE shdll have tM option to receive end ~pply the ~ame on account of tM indabted- r»as s~eur~d h~r~ tlr lo p~rmit pid MORTGAGORS fo r~teive end uN it or a~y part thereof for other purpo~ea, without theieby waiving or ~mpair- inp any pv4ly, liae: a ri~ht uncier or by virtw of thi~ morty+ye; and i~ tha ~vent u~d MORTGAGORS ~hall fa ~ny reaton fail to keep the iaid pr~m;u~ so irovr~d, a fifl fo deliwr promptly ~ny of said pOlicies of insursnce to said MORTGAGEE, q fail promptly to pay fully any premium therefar or in anY hsp~[t fail fo p~rform, di~charye, ~x~tute, effact, compl~te, tomply with ~nd +bide by this tovsnant, or ~ny part horeof, iaid MORtGAGEE may plxe and p~y fw wd+ lnwraru~ or any p~rt tM?eof without waivi,y or affactinp any opt9on, {ien, puity, or riqht u~ w by virtw af this Mo?t9aq~, ~~d the full ~rnount of ~ach ~nd ~wry such payment ahall bt imm~diat~ly dw atd p+yabi~ ~nd ~hail btar interast fram tM data thereof umil paid at th~ rat~ of nirw pK tyr~tum p~r ann~m ~nd toyatAer with such intsresl shell be secured by tM lian of thif mo?tqaq~. 1. To p~rmif, oommit or suffer no wast~, imp~irment a deterioration of seid property or any part thereof. 5. To pay all and stnpulu th~ twri, charpe~ snd ezpensas, including a rsasonable attorney'i fee and cost~ of ab~trstts of title, incurr~d or paid s1 ~ny time by asid MQRTGAGEE, b~c+u~e o? in the event of ihe failurs an the p+rt of the said MORTGAGOR to duly, promptly and fully pr~fwm, diuharys, axecut~, ~ff~ct, cnmpllt~, comply with snd abida by each and every the sHpulations, sqreementa, conditio~t, and mvenants of said promissory note and thia mortppt ~ny or ~ither, and ~aid cosri, cMrye~ ~nd expenseti, each and every, shall be 3mmediately due end payab~e; whether or not there be r~otice d~ mand, attsmpt to to11M or wif p~ndinq~ and tho fvll smount of each and every suth payment ahall bear interost from tfie date the~eot until paid at the nh of nin~ pe~ centum psr annum; ~nd sll said m~ts, cheryp and ezpense~ incurred or paid, togrther with such intenrat, ihall be urcurrd by the li~n nf ihu 6. Y}»t (a) in the ~vent of any bresth of thit Movtyaqe or defsult on the part of the MORTGAGOR, or (b) in the event sny of said tums of money Mr~in nf~rnd to be not promptly end fully paid within thirty (30) deys noxt after tne same severrlly batome du~ and peyable, witFwut demand or notite, or (t? In tM ~wnt ~ach and every the stipvlatiorn, sgreemants, to~ditions and covenann of ~a~d promiiwry note ind th~s mortga9~ any or either •re not ~ty, p~omptly rnd fully perform~d, dischar9ed, executed, effected, completed, complied with and abided by, th~n i~ either or •ny such ev~ent ths ~+id +p~ pryate sum rrHntioned in aaid promissory note ihen remaining ~npeid, with interest accrued, end all money secu~ed. hereby, thall bacome dw ~nd pay- •bl~ forthwith, or thereafY~r, at the option of said MORTGAGEE, as fully and completaiy ac if aIl of the said su~+x nf money were oriqinally stlpulated W b~ paid on wch day, snythinq in said promissory note or in this Mortgage .o rhe contrary notwith~tandinq; and thereupor+ or thereaftsr ~t the option of f~id MORTGACsEE, without notice or demand, ~uit at law or in equity, therefore or thereafter begun, may bt pro~ecut~d is if all mo~eya securtd hsrsby Md metund prior to in inslitvtion. 7. Tlut in ihe event thst at the beginning of or at any time pending any suit upon thi• Mortgage, or to foreclosa if, or to raform it, o? to enfort~ p~yment of any cl~ims her~under, uid MORTGAGEE ahall apply to the Court having jurisdict;on thereof for the sppointment of a Rcceiver, auch Court shall forthwkh appoint Y rsceiver of sai mwtqsged property all and singular, includ~ng all and singular the incomr, profits, issues snd revenues from whatev~r wurc~ derived, each an~ ~vary o~which, it being expreasly understood, is hereby mo~tgaged as it spec~fically set forth snd deacribed in tfie qranting and habandum clausn hereof, and i~ch Receiver sha~l have all the broed and effective funct~ons and powers in anywise ertrusted by a Court tp • Receiver, end such appointment shill bs mede by wch Court es en sdmitted equily snd a rr+atter of ebsolute right to said MOI2TGAGEE, •nd withaut reference to th~ adwuacy or inad~quaty of the valve of the properiy mortgaged or to ihe solvency or insolvency of taid MORTGAGOR or the defandann, and that tuch tsnts, profiri, intome, issues and revenues ahall be applied by such Reteiver according to the lien or eq~ity of uid MORTGAGEE and the practice of such Court. 8. To duiy, promptly snd fully p~rform, d'+atharge, execute, effect, complete, comply with and ebide by each and every ths stipuiatio~s, agreementa, tonditio~s and coven~nts in said promissory note and this mortgage set forth. 9. Thst (n ihe trvent the ownership of the morlgaged premises, or any part thereof, becomef vesttd in • person other ffian the MORTGAGbR, ths MORTGAGEE, itt succeuon and assiqns, may, without notice to the MORT~AOR, deal with such succassor or wcceswr in interest with referenu to thi~ mortyape and the debt hereby secured in fhe same manner af with Mortgagor without in any way vitietiny or dixherqing the Mortyagors' lisbility her~- under or upon the debt hereby secured. No tale of the premises hereby mortgaged and no forbearance on the part of the MORTvAGEE or its succeisors or auign~ and no extension of the time for the payment of the debt hereby setured given by the MORTGAGEE or its successws ar aasignt, shali operats to r~le~se, di~Charya, modify change or affett the original fiability of the h10RTGAGOR herein, ~ither in who!e or in part. 10. It I~ specifically agreed that time is of the essence of this contrac~ end that no waiver of ~ny ob~iget~on hereunder or of the oblifl~tion te- cured hsr~by th~ll at any tlme thereafter be held to be a waiver of the terms Fereof or of the instrument secured her6y. i l. In ae~dition to the forego:ng monthly payments of princ'pal and interest required by the promissory note secured hereby, mortgagor tovenant~ and agrees to pay to mortgagee with eath monthly payrnent an tddirional sum estimated by mortgagee to be equal to 1/ 12 of the a~nual cost of the follow- ~^9~ A-All real pr~perty taxes levied or sssessad aga;nst thc above described real estate. B-Premiums on ffre end windstorm insurance as herein requ~red ro be carrSed on the improvements sit~ate an the above described premi~es. C-Premiums on such mortgage guaranty i~surar~ce as mortgagee shall from time to time deem fit to carry on the loan tecured hereby. Matgagee ahall from time to time notify mortgagor in writing of the amount due and payeble hereundzr and such sum shall thereupon be due and paysbte on the due date of the next monthly payment and each sutcessive month thereafter until mortgagee shall notify mortgaqor of a change in such •mount. 5uch ~ums shsll be applied by mortgagee toward the payment of real property taxes, insurence prem~uns, and mortgage guaranty iniurence premiums. I WITNESS WHEREOf, the said MORTGAGOR haa hereunto set his hand and seaf the dey and year first eforesnid. n~d, 1 an~ de i, red in the presenca of: 1 eq (Ssal) (S~sl) Q8219 ($eeq STATE OF FL4RIQA t coutirv oF S a in t Lu c i e Sefwe ms penonally appeered LeRoy Z'.V8119 _ end _ C+~~C~j.B L88 ~'PBTI$__ his w~fe, to ma well known and known to me to be ttu Ir~ividualt described in ~nd who •xecuted the foraqoinq instrument, end acknowledged befare me that they exe:uted the same for the purposea t1?aroin ~xpreasad. And the sai~ ~%~.~ai8 L88 Evans wife of the iaid LBRO~f ~VBng _ upon a aeparata a~d privsts examination by me taken iepsrate and e~art from her seid husband, ecknowl~edged to and before me that •he executed said ~nstrument freely and volurr ti: ily snd without :ny compultion, constraint, apprehension, or fear of or from her said husband. ~r WITNE55 my hand end official taal thi~ 2~ a~. day af A. D. 19~ Z ~ ~ ~ , ~ otary Vublic in and for tha ,9lats:~YF'f;b ~~t=tl' l¢cy~ My Commisaion expira: . , Return To: ~ ' fint Fsderil 5aving~ a Loan Aawciation ~ Of Fort P;arca. F~L ~ Q REC ~D D NQTARYP(~(~~A~~f~IpA~~~ ~~Q O O K MY CQMM~'R!H ~Xi'JR~d •/~jk~'~ Fort Pierce, Flnrida ; .i ~ s,~ I1 L ~ , , _ ClC.Q..C~C/~--~r" ~ , t ` z , Z ~ ~ ~ • 23 - `s'~~'•~, , : ~a ' • f ~ . . ~65 SEP ~ / ''Q ~ '~`5~ `~u`~-, " C1 J i d'{,,,,~ _ 7 1~~ ..s;.., .tr ••4 A"~ - 1.t117~ ' - ~'r ~ R~GER p01 i`RAS, CLERK ~ ` ' T. LUCIE COUNTY ~ y' ~ - " S F~OAIQA • ~ , , 0 R . ; , ao~~~7 187 . -TJ_ i. _ .ii ~ r` . .