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HomeMy WebLinkAbout2536 , . ~ ; . ~ 3. To placa u~d contin~au~ly ke~p on tM b~?ildinps now w Mr~~ftN sitwt~ on a~d luKl and on ~II p~ipm~nt ~nd pKSOnally oovK~d by thb matp~ p~, with dl pr~miw~e therwn W~d in full, fire ie~u~aou in th~ vswl ~tandard policY fonn, ~n a ~un~ ~pprowd by ~M MORTGAGEE. ~nd wind~tam inwr~ce in tM uswl aranda.d poliry fam. h• wm ~pproved by ~h~ MORTGAGEE. in wch con?p~ny w c«np+nie~ ~s tM MORTGACsEE may dir~ct~ ~nd all fin u~d windstorm in~wana policies on ~y of said build~nps, ~ny Ie?a~st tha~in or pKi tM.wl, in iY.~ sp~reysss wm siassta63 ar M u~us~ ~M?wf. ~MII con~ain ~I,~ wual ~uedxd mor~yapN cl•us~ a such ah.~ dws. a N,. Nto.~o+9.. ~+++r ..v~v~. m~linp tM loss v~ sa~d po1i~ cin. Nch and ~wry. Wrsbt~ a a~id MORTGAGfE ~s in G?tKat may ~ppN~. u~d ~ach and ewry such poNh? ~hatl b~ pranptly ~a:qned and d~livKed ro ~nr MW by s~W N?ORIGAGEE u funha s~a+rity ro saW mo.~~+~ d~W. and. nof las tha~ tM 110) days i~ adv~nc~ of 1M ~xpir~fan of each policy. to d~ livu w uld MORTGAGEE : re~ewal thenof, top~tM? with ~ rec~ipt fw tAe pr~miven of wth r~ntwalj and tl+K~ ~11 b~ ne fu~ a wie?~~am iawru~c~ pl~pd on any of s~k! buildieg~. uiy in~K~st tMn~n w put tMnof, w+les~ tn th~ fonn'ud wi~h th~ bss p+yable a afa~ssidt +~d ~ tM ~wnt ~ny wm pf mp„~y becon~s parabM w~d~r wch pol;cy w polici~s said MORTGAGEE sMll hrw tM option ro rsceiw wid ~pplr tM ~xn~ on +ccaml 01 tM ind~bted- n.sa ..cw.d Iwr.by a a p..mi~ said MORTGAGORS ro rtuiv~ and vN N w~ny put tAereoF fa othe? purposes. without thereb~ waivi~y w~mpair- inp anr quity. IiNt a ripht w~d~r w by vi~tw of thia mortpap~t +nd in tM ~vent wid MORTGJIGORS ihall (w ~m nawe f~il to ke~p th~ a~id prNniiea w kuw~d, w f~Il to delivN promptly ~ny of said policits of insursrw ro s+id MORTGAGEE. a fail pranptly to pay fully any pr~.niwn ther~fw a in any asp~ct f~il b p~rfom~, discharye. ~a~cua. ~ffat. oompl~t~. comply wirh ~nd abi~M by Mus cov~n+m, w any pa.t hHwf, ssid MORTGAGEE m+y pl~ce and par fw wch ~sw~ o~ any psh tMreof witl+ovt waNinp w~H~ctinp anp option, ti~n. eq~ity, a~ipht vndN a by v'wtw of this M«typ~. and the h?II amow~t of ~ath w+d ~wry wch paym~n? sh+lt b~ imnadi~Mly dw and pay+bl~ and ah+ll bta? intKes~ from tM d~b t1+Kwi wuil psid « tM at~ ol n{r» pM petwn pK ~nrwm u~d toQether with wch intatst sh~ll b~ Ncund by tM li~n of this mort~ap~. 1. To pMmtt, oortwnit or wffK no wait~, Lepairma+t w d~taiwatan of said p?operty or aMr put the~wf• S. To p+y ~II and sinpular tM tosts, ch+?p~s +nd ~xpens~s, includinp ~ rsasonable attorn~y's ft~ and aosn of aMn+cn of titl~. Inc~n~d or piid at any t4n~ by said MORTGAGEE. b~tavs~ ot in th~ ~wnt of tM f~ilure on the pah of th~ aid MORTGAGOR 1o duly, praeptly sed fully pNform, dixhug~ ~:~cut~. ~ffM, oompl~~~. aomPM wirh snd ~b+d~ by exh and wery the itip~lat~ons. +~eemen~s. conditiora. ~nd oown+nn of s~W p.omiuwy not~ and tha mwtyap~ u~y or ~+~M~. ~nd said coa~s, cAarpas and ~xperws, each and ~w?y, shall b~ imrr~diately due snd pay~bl~j whether a not tMr~ b~ norici da ~ ius^d, +~a+ript to aoIIM a wit p~ndinyj and tl+e fvll ~rta~nt of ~ath ad tva~ wcA paymem si+all b~a~ inrerht from tFw dat~ theraof uMil paid ~i+t ~ ~~te of nine per centum per arnwm; +nd all ~aid cbsts, chu~ and exp~mes incwr~d a paid, toy~thN with wch infKat. ~hall b~ Na+nd by th~ IiM of tha ~ A. Th~t in the ~wnt of a~y br~ath of this Mortyap~ w defs~h on th~ paA of th~ MORTGAGOR, w(b) in tM ~vem u~y of w~d swm of nan~y h~rtin nf~rnd to b~ nw pranptly and fully paid withie thirty (30I days afte~ tha s+rn~ sevaalty bacoms dut ud psyabb. without d~m~nd o~ notict. or in tM, twnt eacl+ a~d ~very tM stipulations, ~pr~ema?n, cond~tions and :.^w^:na of sald p.omissory nae and tlws matpa~e ~ny w ~ithsr u~ na ~uly. pramptly and fully perfamed, d~sdwrped. ~xecuted. ~iEscted. compbtsd. complied with u~d ~b~ded ~iy, tMn in eaMr or any ~uch ~vent tM ~+id ap~ i Orp,~t~ swn m~miw+ed in said promiuory raro tMe rem+in'ap unpaid, with intanl ~cuued, and all moneyt attvrtd Mrtby, shrll beoane dw ~nd pap abl~ forthwith, or thereaher, at tM option of ~aid MORTGAGEE, u t~tly snd tompl~~ely +s if all of ~he ~aid sums of mon~y wen apindly aY~pul~ted ; ro be pa;d an wch daY. anythi~g in ssid pranwwry note a i~ this Mortyaqa to th! oontr~ry notwithstu~dinp; ~nd ~hera,pon w there~h~. at tA~ op~ion of uid MORTGAGEE. witlaut notio~ or d~ma~xi, suit at lawr a ie pvity, thaefon a thereafte~ be~un, may be prosecuted a if ~II mon~ya s~wrd hereby h~d matutsd prior to i» inslitution. 7. TIM? Ifl tIy fVMI fI1i1 i: t~.s bsginn6g of or st any time pendirg ~oy suit vpon this AAaty~pe, a to forectos~ N, or to reform M, w to enforp p~yment of u+y daims hereunder, ~+id MORTGAGEE sMll spply to the Co~rt havirg jurisd~ction therao( fa tM ~ppantment of a Raceiver, avch Cowt ~h+ll ~ fwtFiwith ~ppoint ~ receivN of ssid mort9sged property all and sinpular, indud~rg ~11 and iirgutar tM income. p~otin. isu»s and revenues from whattve? wura dsrived. ~~ch and ~very of wh7ch, it b~w+p expressly underi~ood, is hereby mat9~ged u if spec;fiully s~t fath ~nd deuribed in the ~ru?tirq u~d habaidwn davses hereof, ~+id such Receive~ sh~ll have ~U tM bwd ~nd effec~ive functions and powers in u~ywise ee~trwt~d by ~ Court to a Receiver, and such appointmsnt ihall be mad~ by wch Court u an admitted equiry ~~d a n»tter of ~bsolute right ro said MORTGACrEE, snd without reierenc~ to tM adpu~cy or k~adpwcy of th~ w!w of the property maty+yed w to the wwaxy or ~n~olvency of said MORTGAGOR a the defendants, and rhat such r~ms, profi», iacome, iss~es u~d r~venws sh~ll b~ spplwd by such Reuiver accwdinp to the lien o~ puiry of aid MORTGAGEE aed the pwctiu of ~uch COIMf. ' , - . i To duly, pranptly and it~ly perform, fischarpt, axecute, ~ffect, compkte, comply with and ~bide by ead+ ud every th~ stipulat~o~a, s~reemsnb, cond'iram and covenann in ssid promiuo.y not~ and ~his mwtgspe iet fath. 9. ih~t in tM went th~ ownenhip of th~ matya~ed premises, a any p~rt thereof, becwnes vested in a penon other tFWn the MORTGAGOR, th~ MORTGAGEE, its succeswn and ~ssgns, m+y, witlwut notice to the MORTGAOR, deal wi~h such wcceswr or wccessor in imera~ with refcrence ro this 1 matpap~ and the debt hereby sacw~d in tM ssr~ m~ru~ ~s with Mortyapw withow in any way vitiatinp a dixhupinp the Mortpagors' liability frrr ~ onder a ~pon tM debt Ixr~by ~ecwed. No uk of tl+~ pra~nises hercby morty~ged and no fabearance oe~ th~ put of ~he MORTGAGEE or i» suaesiws i a; :;t:;~r~s u~d iSO ~ateruion of tFN time fw tM p~ynwnt of t6~ ~bt~hereby secured yiven by the AtiORit'sAGEE w in succeuors w assiyns, sMll operat~ b reMss~, diuharp~, modify chan~t a~ffect th~ oripim~ ti~bil~ty of the MORTGAGOR herein, Mher in whole o? ln pan. 10. It is speciP~ca~ly agreed that time ia of tM essence of thn cantwct ~nd that no w~ivM of ~ny ob1~p~Ywn hareunder or of tM oblgstion te- p?rad hK~by shall at ~ny tie~e there+fte? be h~W ro be a waiver of the terms herwf or of the instrwneM ~ecured herby. 11. tn add~tion to the faego:ng ma~tl+ly psymenn of princ'p?I and interest requ'ued by the prom~swry note secured Fxreby, mortgsgor covenants •nd ~re~s to p~y ro rrarty~gee with eath monthlY psYment an addi~ionsl sua~ estimated by mwt9apee to be eqwl to 1/12 of the annwt cost of the follow- ~9~ A-All real property taxes kvied or sssessed against the sbove described real estate. b-Premiums on fire snd windstwm insw~nte as he?ein requ~red fo be urried on tl+e improvemenh sitwte on the above described preRi~ses. C-Premivms on such mwtg~ge guuanty insurance ss mongayee shsll from rime ro time deem fit to urry on the loan secured F?ereby. Mortg+gae shall from time to time notify mortgsyw in writiny of the ~rriouM due ~nd payabk hereunder snd wch wm shsll thereupon be due end p~ysble on the due date of tF?e next monthly payment and exh successiw momh there~fter v~til mortgs~ee thall notify mortgagor of a change in such amount. Such sums shell be applied by mwryspee toward the payment of real property taxes, inwrance prem:ums, and mwf9aQe 9uuanty insur~nce promiurta. ~ WITNESS WHEREOi, tM said MORTGAGOR has herevnto set his hand and s~sl the day u~d pear fint ~forasaid. ~pmd ~al~d and d~l nd t• presence of: ~ n--n ; ~--n S TE OF RORIDA ~ St. Lucie ~ counnr oF ~,~,~~y Lonn i e Edwa rd s ,,,d Eddie Belle Quartermen Edwerda h& w;~~, to,ne r„ell known and krwwn ~o me ro be Mw ied'iv~ b d~svib~d ~ and who ~xecWed 1M fonpoir~ i~trumanf and ~cknowkdged fwe me t t they e:acuted tFw s~me fw the purposes ,}~fey~ ~ N,. w;~ Edd1e lielle $uartermen ~dWerc~s wii~ ot tM s+id Lonnie Edwarda upon a sep~r~te ~nd p~ivst~ •xam~tan by me qken ~epa~~t~ and ap~n from her said iNnband, adu~oMrladped ro and befon me that she execue~d said imtrument fnely and volvo- ~ fuily and withaA Wqr compulsion, constraiM, apprehensiaq, or f~ar of w fran her wid Fwaband. 66 ~ WITNESS my haed ~nd official s~sl thn 7 ~y o{ J ne A. D. 19 ary Public in a+d fw the Stat~ of Naida af tup~ + My Cannasion ~ap'ues: Return Toc .~O~ify f1~K, s~! O~ AOildi i1 ~N~! firtt Fed~ral Savinps i lo+n AuocieYan a F«+ P~.~•. FILEO ANO RECAR~~~ ;,,w Cem.~s;oe E~ira Se~. 23, 1965 rn.? P~e,ce. Fio.~d, sT. LUCfE COUN~• ~L•A' w.s.a h~.• a c....r~ R ORO VERIFIEO , , - ~ ~ ~ f•. ~ t , Z pN 3 :1 I . ~ , ~ ~ . ~ 66 JUN ~80 ~ ` `r~' ~ = " , ~ p.. ; L : 145 _ • ~ - ~ ' : ? : ~.~w . fZ~GER ?01TRAS ~ ~ _ RT ~ ' CIRCU17 COU ' ~''.,`:~G~1 .~s CLERK . •~~~~~~~~~~_l 11 ,,f~ ~j ~~^~~,ti.; _ . ; gooK147 134 ; _ ~ ~ ~ , ~ ~~f, , . . ~ _ _ ~ -