HomeMy WebLinkAbout1510 1 ~I:~ ~3~'.~
S. To p1~u a~d oontiaw~sly kNp on tM buildirg~ now w hK~shM ~itwt~ on said land and oe all puipment aed pMSOnalb cov~r~d b1? ~~q~
~p~, with ~Ii prtmfw~A ~Mnon paid in tull, i'v~ insw~nu in th~ ~nwl st~~d polky fwn~, swn +pprov~d bY tM MORTGAGFE. ~nd wind~brm
inwrana in th~ uswl ~~~ndud polit~? iam. in ~ wm ~pprov~d by tM MORTGAGEE. tn wth company w twnp+ni~ a tM 1NORTGAGEE m+y
dihct~ and ~II fin a+d windNonn i~wa~a poiici~s on ~nY of said buildieps, aM/ InMhst Mp~in w pwt thawf, M+ th~ appr~9+~~ wm ~faaaid a
N uca~s N~a~ef, shali can~~ln ~M usual uandard mortp+~ dws~ or such aha da~ a tM Maty+pN m+Y rWV~n. m+kMg tM low undN ~aid pol}
cNs, wch ~nd tvery. WYabl~ 1o taid INORTGAGEE ~t ih inlKat m~y appN?. ~nd tach ~nd ~very wcA polky ~hall M promptb aa:pmd and d~liwnd ~o
~ny Mld by saW MOrtTGAGEE a fwtha s~wrl~Y ro said mortp+p~ debt. ~+d. not I~ss tlwn t~n l1~ d~ys In ~dvu~a of tM ~xpk~tion of ~ad~ po~icl?. w d~
liva ro uid MORTGAGEE a ~~w~l tFwrwf, to~tl~a with • ~~aipt iw tM pnmium of ~+th ~~+ewal~ ~nd tha~ sMit b~ no fin a winds~an~ irawana
plaad on any of said buildinp~, ~ny iMerat tM~~in w put tMnof. wd~ss in tM fwm'~nd wi~h ~M bss p+yabl~ u~tw~s+id~ and in tM ~vent aoy wm
of nwe~y b~cana p+r~bl~ wwla wd~ polkl? a Pdici~s s+id JMORTW?GEE sMll Mw tM option ro naiw and ~pply ~M s+m~ on ~cmunt o1 tM h+d~bt~
ew~s wcw~d Mr~by or b pamit wid MORTGAGORS to rcaiv~ ~nd ua~ H a•ny pa?t thereof for otl+e~ pwposK, withoul thaeb~ waivirg o~ imp+i~-
Irq ~nY pvity. tiM o~ ripht ww~~ or by virtw of this monpap~s +~d in tM ~vau wid MORTGAGORS shall fa nason fail to kNp tM uW pr~eniNS w
iruwd. o. f.~~ a d.isw. a«~wM ~ny of ~sid policia of insvnnu w ~aid MORTG/1GEE. w f.i~ P.a~rh +o wr fi?~N «w w«~~+,m tl+...f« a in ~ny
nspM f~il b p~rfooR disch+ry~. ~x~cut~. ~ffM, oompb?~. oon+P~Y with and abid~ by this coven+n~, a any put I~wf, ssid MORTGAGEE may pl~a u+d
D+Y for wch inswanc~ or ~nr paA tM~wf withow w~Nieg a aff~ttinp +nY aPt~en. ~i~n. puity. a riyht vnda a by rirtw of ehis Mort9ap~. ~nd ~he
f~u amoum of .ach and .v.~? wd+ armMi •ha11 M~n.dwuly dw and p.yab~. .nd shau b.u ~,a..a f~an rh. dar. ~huwf un~i1 pad ~t tM rat~ ol
nin~ pK cw?twn p~r ~niwm and topttlwr with wtA intaat ~MII be s~cw~d by th~ If~e; of thit mortyap~.
To p~rmit. aommN a wH~r no wut~ impairme^t a d~terara~an of sud prop~rhl a any p~rt tMr~of.
5. To pay ~fl and sinputa+ Hu tottt, chsr~ss u+d sxpuua~, ':r+cludt:sp a:sssos+sDls sttemey's fee s++d costs of abu.~ets of titl~. incwr~d a p~M
any tim~ by s~id MORTGAGEE. baaw~ or En th~ twnt of 1M f~ilw~ on the p~?t of tl+~ s~id MORTGAGOR lo dui~l. Pro+~Ptly snd futly p~rfam, d~chary~
~x~cvt~. ~ff~d, canPlde, complY with uw! abtd~ b~r ~~ch u~d svery tM :tipulations, ayn~m~e~n~. cad~tiom. and aown+nb oi wid paniuory noN and thu
mort~ap~ a~ryr or ~ifha. and ~aid ooa~s. dw0~s and ~aPsnas• ead~ and wKy. ~hsll b~ i~rnedia?~ly dw u~d pay~Wet wMtMr a not tlw~~ b~ norid d~
mand, ~ttempt ro oollsct a wit p~rGnys and tM h+ll +ewunt of ~+ch +^d w~.y wd' P~Y'~u'~ ~h+ll b~a? inrKaf fran tM d~t~ tMrwf vntil p~kl ~f tM ~
rate of eurr pe? cwuwn pK +nnum: +no all said obs», thargts and exp~mts incv~t~d or p~fd. to~~F~u with wth int~reat, ~h+ll b~ wcund by th~ li~n of thi~
matp+p~•
e. ~Iwt W in tM wMt of aMr brssch of tlds Mortysp~ w defwh on th part of th~ MORTGIIGOR. e? (b) in tM went aq? of aid wmt of mo~
hanin r~far~d ro b~ noe prompty and fvlly paid within thirty (30) days n~xt after 11+~ samt sewr~lly b~tarw dut aed p+y~ble, without dNnaed w notioe.
w(c) in tM ~wnt ~ach aed ewry Nr stip~rlatiau, s~asenents, cond~tions u~d eoven~nts of s+id promiswry nots and this maqap~ ~ny a ~ithp an nal
~+N. P?~P~Y and fulFp p~rform~d, di~ch~rped. ~xsart~d. ~ffected. canPkt~d. complied with ~nd abided ~+y, tMo in ei~Mr or any ~uch wMt tM wid a~
prs~M swn rtwntiawd in said promhioty not~ thee nmainirg unP+id, with ints~tst acvued. ud dl moneys s~cu~~d hK~by, tMll b~oom~ dw and P+Y'
ab1~ fo.thwitA. a tlwr~afta, at tM option of said MORTGAGEE, a fully and canpl~~~ly as ii all of the aid wms of moMy vwn o~pirwHr stipulated
ro b~ p~id on wch d~y. +eYthinp in said promitwry not~ ot in this Mortp+qe to the oontr~ry notwitMundinpj and theteupon ot the?tahK a1 th~ option of
said MORTGAGEE, withovt noY~ce o? dwn+nd. avil ~t lawr a in puity, tMreton or tMr~aftu b~yun. may b~ prowcut~d as ff alt momyt s~w~~d hu~by
had nuhuld.pfiOl f0 iri iMlifVfiOf1.
That in tM want that at th~ b~y'umirg d a at any ~im~ pend'~rg wy wit upoe tha Nbrtp~qe, or ro foreclos~ it, w to rofam t~, or to enfo?a
paym~nt of aqr daims hereue~r. wid MORTGAGEE sh~ll apply to ?he Cairt havirg jw~sd~ctia+ thereoi for tM appant~nan of a Receiver. wch CarN sMll
Fortliwith ~ppoim a r~ceivN of aaid mortpap~d poperty ~II and sirg~lar, includ~ny aIl and sinyvla t1+~ income. profits, issws and nvenws from wh+twe?
sovro~ d~riwd. ~ad~ ~+d wery d whKh. it b~inp expressly w~d~ritood, a I+ereby mwtpaped a if ~pac~fically wt fath and d~wibed in the pranYwq and
Mbendwn dau~as hq~of, and wd+ Reqiver thstl h~w all tl+~ broad and eHectiw fw~ctans and powen in anywis~ emrwhd by a Cowt to a Receiver, ~nd
~uch ~ppoinMitnt ~hall be m~d~ by wch Cowt n an adrnined equify and a ma~te~ of ~bsolut~ rigAt ro s~id MORTGAGEE, ~nd without reference b ti»
adequ~cy a Mwd~q~r+cy of tM v~lu~ of th~ pbperry mo.~9+yad or to ths wiwocy or inw~vency of wid MORTGAGOR a the dsfendants, and th~t wch
r~~n, profits, incom~, iuues and nwews sMtl M ~pplied by such Receiver accordinp ~o th~ lien or puity of ~aid MORTGAGEE and th~ practia of wcA
Cowt.
a. To duly. promptly and fully perfwm, d~chsrpe, execute. efiect, compkte, oomplY with ud abide by sach and every tFr slipulstio~s, pnert~enri.
cond'nioro and covenann in said promissory ~ot~ and this mwtyspe set fath.
9. ihat in th~ event tht owne.ship of the mort9+yed pro~nises, w ~ny psrf tF~eof. becomes vested In s penon other th~n the MORTGAGOR, th~
MORTGAGEE, Ns succeiwn and +uig~s, m+Y, withow notice to th~ MORTGAOR, deal with ~uch wueswr or wccessw in intcreit with r~ferer+ce to this
mor~yp~ and the debt hatb~r ~ecured in the same m+mN as with Mortyayw without in ~ny way vitid'ap or discharpinp tlw Mwtyapas' liability h~n-
under or vpon th~ debt hereby secwed. No s+k of the prtmises hereby mortpsped and oo forbeu+nct on th~ psrt of th~ MORTGAGEE or it~ succeuon
w auigm and no exteruion of the time fw tl+e payment of tM debt hsreby secured yiven by th~ NIORiGAGEE a its succ~sson or asi~p% ~hsll opuat~
~o nl~aK diKh+r~e. modifY ch+^pe w affect tM orgin~l Iiab~Gry of the MORiGAGOR Fwsin, sitlw in whol~ a in put. ~
10. It is specific~ly ~pnsd that time. is of tl~e essenc~ of this eontract and that no waiwr of any oblipation hweunder a of tl» obliy+tion sr
cured h~nby shdl ~t u~y tir~e thersaha bt held to be a w+iver of th~ terms hereof a of ttw instrwnant secwed herby.
11. IA add~ewn ro th~ forepo:ng monthly piyme~ts af princ:p~l and interest rpuired br the p~omiuory nore secur~d hereby, maty+qoR aownann
and prees to pay ro mortyagee with each monthly psyme~t ~n add~riond sum esumated by morty+pee to be eqwl b 1/12 of the annual cott of the follow-
;ng: .
A-All rsal property taxa kvied a auessed ayair~st the above desc?ibed re~l eslate.
6-Premium~ on fire and windstorm insunnce as herein requ:red to be urr'~ed on the improvernenn sitwte on tl+e above desuibed premiaes.
C-Pr~miurm on uKh mo~t9+pe 9uusnty inswanfe u mw~y~ps~ shall ~om t~me to time deMn fit ro cury m tl~e~ ban ~ec~re~! he?eby.
Nbrtys~e shall from time to time naify mortgsgw in writing of the smount due and payable hereu~d~? and such wm shall there~rpon bt dus ~nd
~ payabb on the dw dste of tM next monthly p~Yment ~nd ~sch wccessiw ma+th thereaher ~ntil mortpapet ~hall notify nwrtgspw of a chsnpe in wch ;
~ amot+nt. Such wms ah~ll be ~pplied by mortyye~ towa~d the p+ym~nt of real property t~:es, irrura++t~ prem:una, and morty+Qe 9w?a~ty irowuw (
~ premhxM.
N WITNESS WHEREOF, the said MORTGAGOR has hereunb ~et his lund and wat tM day and ysu fint ~forwid.
° «~a ~?«.a ~,i,. w~. ~ t.L~ R d Y 1~'~ oSS
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STATE OF fIORIDA ~
~ Sai nt LL~ ie ~
Ler~y Mos s
Lillie Mae Joh~nson Moa9 W, ~ii~, to nw we~~ k„wve, ,nd k„ow„ to m.,, b.
tl» widividwb dav~'b~d in and vrho ~xecuted tlw fwpoirg instnxnsnr, and acknowl~ed b~ton ew that tMy ~:~a?ted the wn~ for th~ purpows
rhe..in .xpr.,«d. Md d,. uid " Lillie Mae Joh~son Mosa
w;f, aF ,h~ „W Leroy Mosa vpor, , sep,w,. .nd prh„t~
~aamin~tion bp m~ t~ka~ s~p~r~N and apKt from FKr said I?usbmd. ~tkrwvvbdp~d ro and b~fon nw th~t sh~ ~xswt~d wid irotn~nsnt h~tly and volw~-
rariyr and withaA uqr compubioq, constraim, p~pr~o? fear of a from ha wid Mr~band.
wn~ESS ~a .~a ~K;.i ~.i 1 ~ d,,, ~r MA a ti9.S2.~L
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. ~ My ~°„a-~k. .~~t..o.
~ Retwn Ta , • t i'~.4... ~ G~ ~ _
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First F~du~l Savinps i loan llawciation . • . _ y , : ' ~ .~I',~
,'iwtit~ •s%•
Of Forf Pierce. ' ~ . - • _ _
P~~. Fb.d. FIL~~C~~ii}-RECO OED Not~nrPUeuc,~.
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66 MAY I2 M ' ~ ~
145240 ~
R~GER P01'~ RAS. ~LERK - ~ ~
ST. LUCIE COUNTY. ~
FLOR~DA ~ '
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