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HomeMy WebLinkAbout0652 A~d sa:d Me~tpaa~'x foi ihrn:selv?s and +t,e~~ hel~s, legal represemat~ves, succesxo~ti and eitiyns, horeby ;oin!ly end severally coven~nt rnd sgree ~o and w~~h t1:e ia:d MJRTGAGEE, iis s~:.essors and ase~gns: L Tc pay a!; an~ s~~~gular the pr,nt~paf and inie~est and ~he various and s~ndry wm~ of money peysble by virtue of said promitsory note, snd thif mortga~e, each and every, pron;ptiy on tt~e days respeti~vely the sarne severally btcome d~e. 2. To pay all end sln~ular the taxes, astessmeM~, icv~es, liabilities, obligetions and entumbrante~ of every n~ture ~nd kind now on taid deftribed property, or tha~ hereafte~ may be ~mposed, suifcred, placed, Ievled, or aisessed thereon, or that hereefter moy be Isvied or s~~e~~ed upon thi~ Marty- ege, oi the indebtedne:x iecured hereby, each and every, when due and payable, according to law, befora ihey become delinquent, end beioro •ny ints~e~~ attaches or any f;ena~ry ~s ~r.cuired; ANU INSOFAR AS ANY fNEREOF IS OF fcECORD TNE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD ANU THE OR1~lr.AL OFFIC~AI QOCUMENT tSi~CH A5. FOR INSIANCE, THE iAX RECEIPT OR THE SATISFACTION PAPER OPFIGALLY ENDORSEO OR CERiIFIEDi SHAII BE PIACED ~N (HE HANDS OF SAID MORTGAGEE W~T1iIN TEN DAYS NcXT AFTER PAYMENT, and ~n the event that eny thereof i~ not pa~d, sat sf~ed and d~i:haryed sa c1 h10RTGAGEE may af any t~~ne pay tF:e same or any part thereof without waivinq or affeding any option, lien, equ~ty or .~qht ~nder or by vvrue ol ih~s mor?9age and the fuil amoum of each and every such payment shall be immed~arely due and payable and ihall bea~ intere» From rhe detr ~hrreof urr~i pa d ai ratr oi eigM per centum pe~ annum an~ togFrher .r~th s~ch imerest ahall be secured by ihe iirn of rh:i morgtagt. 9. 7o pl~cs and continuously kcsp on the buildiny• now or her~eftsr ~ituete on ~aid land ~nd on •II equipmsnt and psrwn~~ly tovsr~d by thi? morifl- ~a, with ~II premium~ thatwn paid in full, firs iniuranc• in !he usuel standard polity form, in • ium epproved by Ihe MORTGAGEE, •nd windstorm in?ur~ncs in tM uo~el ~tendard pol;cy form, in a sum •pproved by th~ MORTGAG~E, in such compeny or companiet ss tho A10RTGAGEE mey dirett; •nd •II fire and winditorm iniurance policies on any of said buiid~nfl~, •ny intecest therein or part thereof, in the aggrepete •um aforoseid or in •RCesa thereof, shell conrain the ~aual ~t~ndard mortgafle~ claura or ~uch orher clause the Mortyages mey req~~re, mfk~ny the los~ under •aid polH cie~, ee<h m~ every, payeb!e to said MORTGAGEE e~ itf intereN may eppeer, end each and every suth policy shali be promptly ~u,gned and delivered to any held by ~eid MORTGAGEE es further feturity to taid mor+gage debt, and, nGt leai than ten (10) day in advsnca of ~he exp~~ation of esth policy, ro d~- liver to ~eid MORTGAGEE e renewal thereof, rogether with e receipt for the premi~m of wch renewal; end there shall be no fire or wind~ro~m inwrance pleced on any of seid b~~?dings, any inrerest thercin or pert thereof, unless in the form and w~th the loss payab!r a~ aforeiaid; end in the event eny sum of money becomee payable under •uch poiicy or poGcies said MORTGAGEE ehall have the oplion to receive and epply the ~ame on ecco~m pf the indebted- no» secured hereby or to permit sa~d MORTGAGORS to receive and ~ie it or eny part thereof for orhar purposes, witho~t theieby waiving or ~mpa~r- !ng any squ~ty, lisn or tight u~der or by virtua of this mongege; and in the event said MORTGAGORS ~hell fnr eny reason feil to keep the aaid p!emise~ so , ini~red, or fail to delivz. p~ornptly any of said pol~ciei of iniurence to ~eid MdRTGAGEE, or fail promptly to pey fully eny premi~m thereFor or in eny respect fail to perform, diuharge, exec~te, effect, complete, comply with and abide by 'hi~ covenant, or any part hereof, said MORTGAGEE mey place end pay for wch In~~rance or any part thrreof without waiving or affecting any opt~on, licn, equity, or right under or by virtue of this Mortgage. •nd the futl •mo~nt of aach end avery avch payment shall be immediately d~e and payable and shall brar interesi from the date ihereof until paid e1 the rote o1 nine per tmtum per ennum and together with si~ch interest shall be sewred hy ihe lien of Yhis mort9age. 1. To permit, commit or suffer no weste, impairment or detariuretion of ~eid property or eny pert thereof. 5. T~ pay all and iinguler the coats, charges end expenxes, +ncluding a reasonabie ettorney's fee and costs of abttr+ct~ of title, i~cvrred or pa~d at any time 6y said MOkTGAGEE, because or in ±he event of the feilure on the pert of tfie +aid MORiGAGOR to duly, Fromptly end fu~iy perforrr±, di~charge, •xxute, effec~, complete, comply w~th and ablde by each mnd every rhe ~tipulationt, agreement~, condrtion~, end covenants of ~aid promissory notr end rhi~ mortyage eny or eithe~, end aa~d cos!s, charges and ezpemea, each and every, ahail be immediately due and payable; whether or not there ba notice dP mend, ettempt to coi!ecr or si~it pend~ng; and the fuli amount of eacn and evr.y such peymem sha11 beer interes~ from the date thereof until paid at the rote of nine per cenr~m per annu~,; and aIl sa~d cosrs, char~es and ezpenses inzurred or paid, together w~th such interest, shall be iece,red by the lim of thiv martpafle. 6. That (e) in the event of nny breach of thi~ Mortgage or defauit on the pan of the MORTGAGOft, or ;b) in the eveni any of ~aid ~umt of money herein roterrtd to be not prompri~ and fully paid within th~rty (30; day3 nexi after the tame teve~al!y become due and payable, without demand or notice, or (c) in the event tech end every the stipvlei~onx, ag~eements, condifions and covenenrs of se~d prom~ssary r.ote ar.d th~s morrgage sny or eithrr rre not ~uly, promptly and f~{~y performed, d.scha~ged, exrcuted, effected, completed, tomplled with end ebided by, then in either o: eny wch event the ~aid eg pregata ~vm mentioned in teid promisscry note then rcmaining u:~peid, with intereat eccrved, end ell moneys secured hereby, thali become due and pay- ~61• forthwith, or thereafter, ar the oprion of ~a~d MORTGAGEE, as fully end completely as if ell of the sa~d sum~ o( money were ori9inally atipulated to be pa~d on svch day, anything in ~e~d promissory rote or in th~s Morigage to the contrary notwith~tandir.g; and rhereupon or thereafter e1 rhe option of ~aid MORTGAGEE, rvithout notlce or demand, suit at law or in equrty, therefore or therenfter begun, mey be proiecuted ef if all moneys secured hereby had mewrecl prwr to ~ts instit~tion 7. That in the event that at the bag~nnfng oi or et any time pending any tuit upon thi~ Mertgage, or to forcclose it, or to reform it, or to tnforte peyment cf eny claims hereunder, said MORTGAGEE shall appiy !o the Ceun having j~risdiction thereof for the appo~ntment of s Receivar, such Court shell forthwith eppcinl e receiver of said murtgaged property all end ~ing~lar, indudmg all and •inguler the income, profit~, iss~a and reven~ef from whatever wurcr derived, eech and every of wh~ch, it being expressly understocd, is hereby mnrtgaged es if spec~fically ~et forth and detcribed in th~ grentinp end habendum clauses hereof, and such Receiver oheil have all the broad and effec+ive funct~ons end powers in anywise entrusted by s Co:,rt to s Receiver, end wch sppointment shall be mads by auch Courr a~ en admitted equ~ty ar.d a rnatter of ab~ol~te rfght to seid MORTGAGEE, and without reference to the edequacy or inadequacy of the val~e of the property mortgaged o~ to the io~vency or insoivency of said MORTGAGOR or the defenderts, and thet such renr~, profiti, income, issues and reven~es •hail be appfied by auch Receiver eccordlnp to the lien or eq~i~y of ae~d MORTGAGEE end the proctictr of such Courf. 8. To duty, pr~mpt{y end f~1h~ perforn,, discharge, execute, affect, comp!ere, comply vvith end ~bide by eech and every the ttipulation~, apreemtnt~, conditions end coven~nts in eaid promissory note and rhl~ mortgage ~et forth,. 9. TheT in the event the ewnersh~p of the mortgaged premiies, or any part thereof, becomet ve~ted in e person ather than the MORTGAGOR, oFse MORTGAGEE, ih svaessor~ and ess~gns, may, withovt notlce to the MORTGAOR, deai with such succesaor or successor in interest wirh reference to thit mortfla9e end the eiebt hereby secured in the same manner a~ with Morrgagor withovt in any way vi!~ating or ~d~acharging the Mortgagor~' Iiabiiity hero- undar ot upon ihe debt he~eby sewred. No sele of the premises hereby morigaged ~nd no forbearante on the part of ihe MORTGAGEE o~ itt ~~cceifors or •i~igns end no exter.s~on of the t~me for the payment of the debt hereby secured g~ve~ by the MORTGAGEE or its successon or essig~~, thall operote ro nlaes~, di~tls~rQe, modify change or affeO tha ~rip:na! I~ebility of the MORTGAGOR here~n, either in whole or in part. 10. It i~ speuficeily egreed that time ia of the essencm of thia controct end thet no waiver of any o6ligation hereunder or of fhe obligation ze~ cured Mreby shail et eny time thereefter be held to be a waiver of the term~ hereof nr of ~he ins~rument secvred herby. 11. In add~tion to the forego~ng morrhly ~ayments of princ pal and ~n?erest requ~red oy the prom,swry note secured hereby, mortgegor tovenenh and e9rees to pay to mortgagee with each monthly payment an eddltional ~um e~t~ma+ed by mor.~,gee to be equai to 1;'12 of th~ annuai co~t of the foil~w- ing: A-All real property taxea levied or aisessed against the above described real es~ate. 8-Premiums on fire and windsrorrn ina~rance as hertin requlred to be cerried on the ~mprovements s~t~a!e on the ebove dtscribed premises. C--Premium~ on such morigage guaranry ins~rence es mortgayee shall from time fo time deem fit to tarry on the loan secured hereoy. Mortgagec shall from tlme fo time notiEy mortgagor in writing of the 6mo~nt dua ~ad payable hereunder and such sum shall ihereupon be due snd pey~ble on the due date of the next momhly payment and each wccesiive month thereafter until mortgagee shall not~fy mortgagor of a change in wch emuunt. Such t~m~ ~he!I be applied by mortgagee towerd the paymenl of real property texes, in~urance prem;ums, and murtgage guerenty insurence prerr,iums. IN WITN~SS WHEREOf, the aaid MORTGAGCR has t,ereunto aet hi• hand and seal the day and ear first eforeiaid. Si td, ~besled and iv ad in tfie esence of: ~ ~~~Ep APlD RECORDOD ~ ~ -~p~>r~ s~et~ ' J _ . jit:.~F'.l"'~ L` •wr' , . • . ` (5li~~ f tr , „ O • ~+~1 C, Z ~ ~ • 5TATE Of FLORIDA ~cJ I~cO~ , ti ~ . courmr oF St Luc ie ~ ~ _ ^ ~ ~ RK . . C~~~~7ame . ,t . , B~fws m~ penonally appaercd . - , ~"E' ~ t' hit wife, to ms weil knowri e~d:3cndWtl 10 rn? to b? tho Individusle:9lq~4!:b~d 1~ ~nd who executed the fore9oiny (n~tru e, at nowledfled beforo me thet tfiey sxec~ted.tM"~i~,fp 41M pwpoas} ~~f~,- Leona E Robertson ~ ' ~ ~ th~nl~ txpras}Ad ,~Ap~ I^~,taid-_ • --'--'r"-~"-'., ~ _ wlfs~af'tj~e,A1~.~~•~ •~'~,r JamPS ~r~. Robertson .,,~.,i.~...,.~nt}.pr4vats . •x~+ vNN4n by~m• t~ n•~yerir~e ~nd eNen from her seid hu~bend, ack~owi~dqed to and befars me that ~he executed said instrument fre~Iy ~nd vblurv t~r$y',rr~d wiT4ouf `driy~cor~lidn, cor.~troint, epprehen:~on, ~ fear of or from her uid husbsnd. " ry V ~ ' A. " C.' 19~i~.... WIT~rIE55 mytlisn~ arq~7 oftic+~ seel thi~_____.~.cx.~ dey o ~ " • ti. ~ ^ - , l•~•, ~ v Notery Pub~~c in •nd i t St~Se of Flarida s4 Larqs ~ . • _ / My Commi~sion axpir~ ~.'i~,' j ' ,{?Rfur~.~rtCr ~~i ~ i, ' ~ i:~i~l~.' ~J41~i. C~~~C "v~ f;;~;:.~1 dt ~?!'iC Citiz~m hWf~~~~+pe~f~ & loan Association ~ . . . ~ t~.i i, . : of St. Luti~ Counry ~ ~ ~ . . ~ f n~'.~ Ft. Pierce, 'rlorlda . _ . ~ ~ ~ ~