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HomeMy WebLinkAbout0264 , to plw u~d oonlbwroudy kNp on 1M buildinqt now w MrMftK ~hva1~ on said land and on all eqvip.~n1 ~nd p«se+n~i~y cevK~d by thit mortq- witR all p~n~iwn~ tMr~an paid in futl, fih irawann in thr uwal ~t~nda~d policy tonn, in a wm approwt! b~r t!w MORTGIIGEE. ~nd wi~twm ~ Mwranc~ in tM wuai ~tandard polity far+i4 in • wm ~pprov~d by the MORTGAGEE. in wch ea++panY or aomR+ni+a w th~ JNORTGAGEE may dkM~ ~nd sll fin Md wi~~onn In~warip pofkin ar a~y of aW kwilditips. +ww Ir?».wt M~..•in w p.n th~lc+of, in the aqyrp~t~ tum sfora+id or k? ~xeNS thawf, sMil aontain tM uswl st~e~dnd mortqspN clause ~r svcF+ otMr d«a~ a tM MonpapN maY ?~9uir~, m~ki~p tM Foa w+d~r said pol~- eiu. ~ad~ and w~r~, p~Yabh b f~ld MORTGAGEE a ih intaest en~y ~ppw, ~nd ~ach eed every we~ policy ~hall he pra~+ptly au;yn~d ~d d~liva*d fo . ~ny h~ld by wid MORTGAGEE a funt+K Mewity ro wid morty~ ckbt, and, not lear ti?~n t~n (10) days in ~dv~na of tM ~xpinYwn of ~ach policy, to rlt (iwr fo wid NKJRtGACrEE ~ nnrwsl N+~r~ef, top~eM~ with a rrpiPt for tM premium of such r~nswal; and tl+H~ ~MlI M no fir~ o~ wind~torm insunnc~ pl~pd on ~+ry of s~id buildinp~, ~ny intK~st tMrwn or part tlwnof, unle~ i~ tM form and with !M lou pay~bl~ ~s sfona~id; ~nd In tM w~nt ~ny sum ef inerwr b~cow~N payabb vnd~r wch poHey or poticie~ wid 7NORTGAGEE sMl1 Mw th~ option ro r~piw and apply tl~e Nme on accouM of tM i~btsd- eMp Ncvyd hK~by p fo p~rmit Mid N10RTGAGORS M?K~iw w~d uN M p any part tAereof for other pwpose~, without thereby waivin9 or impair- • Inp ~nY puiry. ti~n a rbpht und~r or by virtw of tAit mortpa~j w~d in tM wtnt w~ MORtGAGORS sh~ll for any reason tail to keep ths s~id pr~misas so Inwnd, a f~i! to d~liwr p~omptly any of ~aid polici~s of imwa~a to aid MORTGAGEE, or fail pror»ptly to pay fu{ly rhy pnmium 4harafw w in any nswcf f~il w p~fwm, diftMrq~. ~x~aM, ~fi~d, compfet~, comply with and ebid~ by this cow~snt, or sny part h~r~of, taid MORTGAGEE mey piact and pay ta wah ieNwano? or any p~rt tM?wf wi~hout wairiny w affsctinp any option, li~n, ~quity, ar ripht under o. by vi?tw of this Mortpay~, and thc tvl) ~mown of ~h md ~vKy su~h prym~t+t ~11 b~ imn~diattly dw ~nd paysbk ~nd sMli b~ar inter~at from th~ d~t~ thercof unsi) paid ~t tM rsn ot nine pK cwavm pw~ an~wm snd top~tha with wch inttra~t YMli be s~cvred by tM litn of this nwrt~pe. 4, To pMmit, commit or wff~r rw wat~, impai?rn~nt or d~br'wntion of Nid prtip~rty or any part therwf. S. To pay all ~nd sMqvlar fha tosta, ch~rq~s and expen~et, includinp a nasonable ~ttorney'~ fee and cosh of abstracts of title, incurrsd or p~id at any tlnw by aid MORTGIIGEE, b~uy~e a in tl» w~nt of ths failuro on tiwr part of IM said MORTGAGOR ro duly, promptly and fuily perform, dischsrq~, ~x~cut~. tfhct, canrylN~, oomply with a~si ~bide by ~ath ~nd ~very rM ~tip„I~t~au, agreements, tonditions, •nd cov~nents of ~eid p~omiswry note snd thii nwrtyap~ ~ny ar ~itMr, and said tosta, cMr~s and txperues, each ae~d wery, shall be lmmediately due and paysble; whether w not there be notice dtr mand, ~Mtmpt to toll~ct w wit p«~dinpJ and tt+e ful! amovnt of each end ewry wch paymem ahall bear int~rott from the date thareof until paid a~ the rat~ of nirw p~r crntum pa annum, and all aid cwts, chargea end expanses ivKUrrrd w pa3d, fagether with suth inronat, sMll be s~cured by the lian of thls b. TMt i~ tfie ~w+ri of ~ny breach of this MortQaqe or default on ths pert of the MORTGAGOR, or (b) in tt» rvent ~ny of said sums of money Mra1n nf~?r~d to bs not promptly and fully paid within thirty (30'> days next efter the •eme severally become due snd p~yable, without demand or ~otice, w(~ In tM ~wnt ~ach a,xl ewry tM stipulstia~s, aqreements, conditiona snd covenants af said promisaory note snd tht• mortyaqe eny w either ~re no1 ~uly, pnomptly and ful~y p~rformed, d~xharyed, executed, ~ffected, compl~tsd, complied wHh and •bided by, the~ i~ vitha or any tvch ~vent th~ aid p~ prpate wm m~ntioned in ~aid promiuoty note then remai~inq unpaid, with interest acaued, and all r+~eneys secured. he~eby, shall become dw and psy~ ~bls fwthwith, w tMrsafter, at th~ option of said MORTGAGEE, a~ 4~Ily and completely ~s if alt of the said sums of mon~y wtre o?iyinally atipulated to b~ pai3 oe iuch day, anythi~q in said promiawy note or in'thia Mortyaye to tha controry notwirhytandiny; end thareupan or thsreaher •t fhe optian of Nid MOftTGAGEE, witfiout notice er demand, suit at law or in equity, therefare or thersafter be9un, m~y b~ prosecuttd a~ if aIl moneys satured hereby Md msturld prior to ib inttitutior+. 7. That i~ thY ~vent that at tM beginning of o? at any time pendiny any suit upon this Mortgeqe, or to forselos~ it, or to reform it, or to enforc~ payment of ~ny tlaims herevnder, wid MORTGAGEE shall apply to the Coun having jurisdiction thereof for the appointment of a Receiver, suth Gourf shall Forthwith ~ppoint al ret~iv~~ of ssi~l mwtysged property ell end aingula?, includ~~g all and singulsr the incems, profita, iuues and revenues from whatever ~oura dariwd, eath and ~wry o# which, it bsing expressly understood, is hereby mortgagcd a~ if ipecificaily set forth and deuribad in the 9rantiny and h~bendum cla~es hsreof, and wch Retsiver shall have all the lsroad and effective functiona and powers in snywise entrust~d by • Co~rt tp a Receiver, end tuch ~ppaintm~nt shall ba mede by such Court u en admitted equity and a matter of absolute right to ~aid MORTGAGEE, and without referenc! to th~ •dpuscy a in~qvaty of the v~lus of the prc~perty mortyssed or to the :otvency or insolvency of seid MORTGAGOR or the defendants, and that such r~nta, profib, income, issue~ and revenues ihsli be applied by such Receiver sccordiny to the lien or eqvity of ~id MORTGAGEE and the practite of tuth COUrt. 8. To dvly, promptly ~nd fully p~rform, diuherge, execute, effect, complete, comply with and abide by eath and svtry the rtipulstions, ~q?eaments, conditioru a+?d tove?Nnts in said promissory note and this mortgsge set fath. ' 9. ThaT in the avenf tM ownenhip of the mortyaqed premises, or any part thereaf, betomes vast~d in a penon other than the MORTGAGOR, the MOR7GAGEE, iri wccsssors ertd assipns, may, wrthout natice to the MOf2TGAOR, de~l with such auccessor a tutwrswr in interest with refenn+cr to thit mortyspe and the debt hcreby ~etur~d in ths same manner af with l~ortgagor witho~t in any way vitisfiny w dixharging the Mortyagort' li~biiity herr undrr or ~pon tM dabt hereby secured. Na sale of the premise~ hereby mortgaged snd no forbearonce on tha part oI the MORTGAGEE or itf successors w aaipns •nd no eztensEon of the time fw the payment of the debt hereby secured given by the MORTGAGEE nr its wccessori or ass~gns, .hsll operats ro r~teast, diuharqt, modify change or effett the origina! liability of the MORTGAGOR herein, aither in whola or ln pert. 10. It I~ specifically sgreed that time is of the essence of thi~ controct and th»t rto wsiver of any obligation herevnder or of the obliyation sa Cvred F~r~by ~h~ll at eny tirr~ thereafter be held to be a waiver of the terms hsreof or of the instrument ~ecured harby. 11. (n acidition to the foregoing monthly payments of princ'pal end interest required by the promiswry note aewred hereby, mortgagor covena~ts and ~gre+s to oay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to br equsl to i%12 of the annval cost of tha foflow- in9: A-All real property taxes levied or assessed against th> above described real estate. B-Premiums on fire and windstorm insurance aa herein requ~red to be carried on the improvements tituate on the ebova deacribed premises. C-Premiums on such mortgege guaranty insurnnce as mortgagee shall from i~me to time deem fit to tarry on the loan secured hereby. Mortgagee shall from time to timc notify mortgagor in writinp of the amount due and payable hereunder and such sum shell thereupon be due and paysble on the due date of ths next montFly payment and each successive month thereafter until mortgagte shall notify mortgagor of a change in such ~mount. 5uch aums •hell be spplied by marrgagee tornrard the payment of real proparty taxes, insurance prem;uma, and mortgage guaranty insurence premiums. IN WITNE55 WHEREOF, the ss3d MURTGAGOR has hereunto set hi~ hand and seal the day and year first sforesaid. ? ~.~r'TG~~ end _tjOjivee'ed i, f grq~~e of: ~ ,I) C~ ~ ~ ~~X~~- ts~.i~ rs.ip (Sesl) STATE Of fIORIDA ~ Saint Lucie u' COUNTY QF Befae m~ p~nonally appsared W 1 hvr R~ ('rri nmi _ ,nd ~lA rEl v- G~`~•~ hii w~fe, to me well known and known to me to bs tM indiriduals deuri6ed in and who executed the foeegoiny instrument, and acknowledged before me that ehey exetvted the wme for the purposes fh~reie sxp?ess~d. Md ih~ aei~,_ S18I'8 v' Q~r '~.1fI1l1 wifs of the wid W~Zb112' t3ri]'~3 - upon a aeperate and private exeminstian by me taken ~epente and apart from her ssi~ huaband, ecknowledged to and brfore me thet she executed said inatrurteent freeiy and volun- tariiy ~nd without ~ny compulsion, constreint, spprehension, fear of or from her said husband. WITNESS my hend e~d affic~al seal thi d~y of A. D. 19_~ ~ ~ - • Notary Public in and for the State of Ffarida at ~ar My Comm~aion expir~lpt~Jry Publle, 3tat~ of lo~a at Large Ret~rn To: ~ My Comm.ss;on Expires Nov 3, 1965 firtt F~der~l Savinys i Loan Association ~ROED Bo~~d by American Surety Co. of N. Y. Of Fo~t Pierte. g~ O K Fort Pierte, Florida 4~-~- - .,~,tl; . , ,ti~,.y... . :i Q,L Z3 PM ~'~8 . '65 SEP • ~ . ~ , ~ a ~ ~ ~ ~ 1 ~3 ~ ~ _ ~ _ - . ! t.W~~ ~ t~ ~ - ROGER PUITRAS. CI.ERK ~ ~ ? ` " ~ - _ ST. LUCIE COUNTY. ; - ~ . ~ . . , ' : ,w ' ~ ~ A ' ; ` r, _ ~ ~ .o-.. ao~x~`' 2fi4 - ~ - - ~ ;-'^;~r_. ~ C,~~~,.~ ~ - - - ~ 1( f •'li~~:i:i~i~ , . ' , ~ . ~ > ~._':f l