HomeMy WebLinkAbout1655 3. To place •nd co~~inuouily keep on the bui!d~ngs now w hereafte? ~~tuate on said land and on sll equipment ~nd peno~ally tov~red by 1hi~ mortg~
ag~, wi~h ~II premiv~r~f thereon pa~d in full, fire ins~rancc in the usual a~andard poticy form, ~n a surr~ approved by the MORiGAGfE, and windtiwm
insurance in ths uaual ~tandard po~~ty fam, in a sum approvcd by ihe MORTGAGEE, in such company o~ canpanles ~i tM MORTGAGEE m~y
direct; a~d all fi~e and w~nditorm insurance poltuet w+ any of said buitd~ngs, ~ny interes~ therein pr p~rt theraof, in the aggrcgare ~um aforesaid or
In txceu thereoi, ihall con~ain the usual standard mortgagee clause or such other tlauss ~s the Matgagle may requ~re, making ~he loss undc+ ~s~d poli.
cies, each and svery, payable to said MORTGAGEE si its imerest may apptar, and e~th and eve?y s~ch pol~cy shall be promptly as~ gned and delivercd to
•ny hetd by said MORTGAGEE ~s iurther security to said mortgage debt, and, not less than ~en (10) days in advsnce of the expir~tion of esch policy, to da
liva to uid MORTGAGEE s renewal thereof, together with a receipt for the premium of such ~enewal; and ~he~e shall be ~o f~re or windstorm insurance
plsced on ~ny of said build~ngs, any interest therein w pa~t the~cof, unlcss in t~x form'and with the ioss psyable as aiwesaid; and in rhe eve~t any sum
of money becomes payable under such policy w policees said MORTGAGEE shall Mve ~he option ~o receive a~d apply the same on accounl o~ the indebted~
neu secured hereby o~ to permit said MORTGAGORS to receive and use it a any part thereot for othe~ pwposes, w~thout ih_reb~ waiving o~ ~mpair-
ir+g ~ny equity, lie~ a right under or by virtue of this mo:•gage; and in ~he event taid MORTGAGORS shall fw s~y reason fail to keep the said p~emises so
insured, w fail to deliver prompfly any of uid pol~cies of insura~ce to said MORTGAGEE, w fail promptly to pay fully any premivm therefor or a~•;
respect fail to pertwm, discharge, execute, effect, comptete, comply with and ~bide by th~s covenant, or any part hereof, uid MORTGAGEE may place and
pay fw ~uch insurance a ~~y pa.t thereof w~~hout waMi~g a affec~inp any option, lien, equ~ty, a righ~ unde. a by virtw of this M«~gaye, and ~he
fvll amovm of each and every s~ch payment shall be immediately due and paysble and sha11 bea~ interest from the date thereof until paid a1 tM rate ol
nine pet centum per annum and to~ether with such inter~st shall be secured by the lien of this matgage.
1. To permit, to:nmit w wffer no waste, impairment a deteraration of said properry or any psrt thereof.
5. To pay ~II ~nd singulu the.costs, chargcs and expenses, including a ~easonable attaneyi fee and costs of abstracts of title, incurred or paid a~
any time by said MORTGAGEE, because w in the event of the fallure on the parf of the said MORTGAGpR to duly, promptly snd fully perfam, d~scharga.
execute, effect, complete, comply with and ab:de by each and evcry the stipulat~ons, agreements, conditiau, and covenanti of said promissory nole and thi~
mortgage any o? either, and sa~d cos~s, charges and expenses, each and every, shall be immediately due and payable; whether a not ~here be not~ce do-
mand, sttempt to collect w tuit pend~ng; and the full amount of each and evcry such paynxnt ahall bear interes~ from the date thereof until paid at the
rate of nine per centum per amium; and all said costs, charges and expenses inturred or paid, together w~th suth interest, ihall be secured by the lisn of this
matpsge.
A. That (a) in the event of any breach of this Mwtgage w default on the paA of tF~e MORTGAGOR, w(b) in the event ~ny of said tumt of inoney
herein refe.red to be rtot promptiy and fully paid within thi~ty (30) days next after the same severally become due and payable, without demand w notice.
or in the eveqt each and every the atiputatiau, sgreemcnts, cond~tions and coven~nts of sa~d promiswry note and th~s mortgaye any a either are nol
~vly, pranptly and fully perfwmed, discharged, executed, eifected, completed, compl~cd with and abided 9y, then in either w any such event the said ag
yregare sum meNioned in said promisswy note the~ remaining unpaid, with interest accrued, and all moneys secured hereby, shall become dvs and pay-
able fathwith, or tlxreafter, at the opt;on oi said MORTGAGEE, as fully and completely as if all of the said sums of money were o?ginally st~pulated
to be pald on such day, anything in sa;d prom~sswy note or in this Mortgage to fhe contrary notwi~hstand~ng; and therevpon w thereafte~ at the op~~on of
said MORTGAGEE, without notice w demand, suit at law or in equity, theretore or lher•after begun, may be prosecuted as if all moneys setured hereby
had matured pnOr to its institution.
7. That in the event that st the beginning of w at any time pending any s~it upon this Mo?tgage, w to fweclose it, or to reform it, or fo e-force
payment of any claims haeunder, said MORTGACaEE shall apply to the Covrt having jurisdKtion thereof tor the appo~ntment of a Receiver, such Court shall
FortFiwith appoint a~eceivcr of said mortgaged property aIl and singular, includ~ng all and singular the income, p~ofits, issues and revenues from whatevtr
wurce derived, exh and every of wh~ch, it being expressly unders~ood, is hereby mor~gaged as if speuficalty set for~h •nd described in the granting and
hatxndum clauses hereof, and such Receiver shall have all fhe broad and effective funct~ons and powers in anyw~se ent~usted by s Court to a Receiver, and
such appointrt+ent shall be made by such Cour~ as an ad:nitted equity and a matter of absolute rigfif to said MORTGAGEE, a~d wlthout reference to the
adequaty or inadcqwty of the value of the property mortgagcd o~ to the soivency w insolvency ol sa~d MORiGAGOR or the defendants, and Ihat such
rents, profits, income, issves and revenues shall be applied by such Receiver accwd~ng to the lien w eqv~ty of ssid MORTGAGEE and the practice of sucA
Co~rt.
8. To dufy, promptly and fully perform, discharge, execute, effed, complete, comply with and abide by each and every the stipulations, agrcements,
conditan~ and covenants in sa~d promissory note and this mortgage set fwth.
9. That in the event the owncrship of the mortgaged premises, or any part thereof, betomes vested in a person othe~ than the MORTGAGOR, the
MOR7GAGEE, its successors and ass~gns, may, wi~hou~ no~ice to the MORTGAOR, deal wi~h svch succeuor or successor in interest with reference to thia
mortgage and the debt hereby setured in the same ma~ner as with Mortgagor without in any way vitiating or d~stharging the Mortgagori liability herr
under p upon the debt hereby secured. No sale of the premises hereby mortgaged and no fo~bearance on the part of the MORTGAGEE or its successors
or essig~s and no ex~ens~on of the time fw the payment of the debt hereby secured given by the M.ORTGAGEE or its succe:sws a auigns, a.tiall operate
to rtleax, d~xharpe, modify change a affett the original liabil~ty of the MORTGAGOR haein, eithe~ in whole or in pan.
10. It is speufically agreed that time is of the euence of this contract and that no waiver of any obtigation herevnder w of the oDlgation se-
c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby.
11. In addition to the fwego:og monthly payments of princ'pal and interest requ~~ed by the prom~ssory note secured hereby, mo~tgagor covenants
and agrees to pay to mortgagee with each momhiy payment an addirio~al sum est~mated by matgagee to be equal to 1 f 12 of the annual cost of the fotlow-
~ ing.
i
A-All real property taxes levied w assessed agai~st the above descri4ed real estate.
€ B-Premiums on fire and windstam insurance as herein requ~red to be carried on the improveme~ts sitvate on the above described premises.
~ C-Premiums on such mortgage guarant ~ar~ce as mortgagee shafl from time to time deem fit to carry o~ the loan secured hereby.
i Mwtgsgee shall from time to time no in w~n~~!~-~ the amount due and payable hereuncler and such sum shall thereupon be due snd
~ payable on the due date of the next montkxl - e6t~ 3is~Su ~ mo~th thereafter urtil matgagee shall notify mortgagor ot a change in such
~ amount. Such sums shall be applied by morh~~ea ~r~glli, t of~) propeAy tazes, insurarxe prem:ums, and mortgage guaranty insurance
s P~emiums. d~•4. XpOy}: cy~fp~T~. ~ _
N WITNE55 WHEREOF, the said /SpRfC~ilQtt hat~eu~6~~1~ snd seal the day a ear first aforasaid. ~
' oed, aled and deli ed 'n the pr of '~s a~l~E'Fq
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~ v+~JM, ~
~'~.:t cso~~l P~o,~r,~ ~
Cp~/ ~t'_=S -v~r 9*! ~~E',q l Sea4
(Se+n
~ r~'n
ATE OF FLORIDA ~ ~ OlrAUry
couNTr oF St . Lucie ~ C~~kK
Before me personally appeared and
Elizabeth B. Roehrig his wife, to me well known and known to me to be
the individuals described in and who executed the foregoing instrument, and atknowledged before me that they executed the same fw the purposea
~ there~n e:pressed- ~4nd tFx ssid E 1 i z a b e th B. Ro e hr ~
~ .
~ wffe ot the said William H. Roehrig _ a.s~sra~bsnd p~iv~te
examinatwn by me takm separate and apart from her said husband, atkrawledged to and befwe me that she executed slik) ,his.~~q~W{~~rcillt~ tlid volun-
rarily ~nd without ~ny compulsion, wnstraint, aPprchension, ear of or from her wid husbsnd. -
; : a:.
~ WITNESS my hsnd and official ual thi day of Ma r h a, a~~9 66
_ _ , C.
t-`<
t
~ otary Public in and ior thi 5~~ of ,F{oridi it .ip4
My Commission expires: . ~ ti ~ ; i ; ~ , '
~ a~,~?~ ro_ ~ liotary Prb6~.'~ o~ ~iuf~~
Fint Fedewl Savings a~oa~ ,~~;a+~~l ~•2r ~ C C G K Mr Co~a~e~si~ y69
~z Of Fort P~erce. ` l~a~' ~1G~.W ~r /?w~iw fin a C~.ah. G_
fort Pierce, Florida /~~C , _ • • '
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