HomeMy WebLinkAbout2686 3. To plac~ ~nd con~in~ouily keep on the bu~td~rg~ now a here+ftN sitwt~ cn said land +nd on all eq~ipm~m ~nd personaily cova~d py this mat~
pe, with all premiu.n~ tl:•:reon pa~d in tull, f~re ~nsuiance ~n the usual sundard pol~cy fam, ~n a ium approv~d by the MORTGAGEE, and wirwbtorm
inwranct in tM wwl ~faed~rd pol~cy (am. in a ium ~ppro~red by the MORTGAGEE, in ivch company w companies as th~ MORTGAGEE may
di~~ctj and •II fir~ and wind~~orm insuranc~ polic~ei on ~ny oi s~~d build~nps, any interest the~ein or pa?t thereof, in tl+~ apgre9~t~ sum afontaid w
In ~xceu ~hereof. sMll cont~in the u~wl ~tandud mor~gapN cl~u~e w auch otF~e~ claus~ a tM Matpa~~e may requ~n, maku+p tM lou unda sa~d po~i~
ci~s, ~sch ~nd ~v~ry, payaW~ ro aid MORTGAGEE as iti interest may appNr, and each and ~ve.y ~uch policy ~hall b~ promptly ~~s.gned and d~livered ~o
~nv MW br s+~d 1~AORTGAGEE ~s f~nAer security ro i+id mat9~~ debt, and, nw leu tMn ten (101 d~ys in ~dvance oF the ~xpir~tion of e~ch pol~cr, to da
IivN to iaid MORTGAGEE • renew~l Ihereof, toped+K wi~h • ~Ke~pt fo~ the prtmium of iuch renewal; and there inau be no t~re or w~nos~o~m in~uu~•:~ -
pl~ced ot~ ~ny of Nid buildinps. ~ny inters~t th~rein w p~rl thKeof, untess i~ tM forrti and wilh ti» Iou payabl~ afw~said: and in tht ~v~nt any suen
of nan~y becanes p+y+b~~ ~ndK wch policy a policits said MORTGAGEE ihall haw ~h~ opt~on to receive and +pply tM s+rrw on accoum o~ tM irKleb~ed-
rksi s~cvr~d het~by Or b permit ssitl MORTGAGORS fo teteive and vss it a•ny pa~t Ihereof for othcr purposes, without Ihtreb/ waiving o? ~mpair-
irq ~ny pviry, li~n a righl ~rda or by vi~tw of this mort~spr, u+d in tM evcn? sald MORTGAGORS ihall (a ~ny re~ion isil to keep the ~~w! pr~mises w
insured, w fail b delivK promptly any of ssid policies ot insunnce to ~aid MORTGAGEE, o~ fail promptly fo pay fully ~ny premium the~e~or w in a~y
r~ip~d fail to pa(orm, dischary~, executs, ~ffed, complete, comply wirh ~nd ~bide by this covenant, a a~y par~ hereof, said MORTGAGEE msy ptace snd
paY fa ~uch iro~ra~?c~ a any pa.t thereo/ wi~hout waNirg w affactirp any option, lien. equ~?y, w rigM unda w by vi.tw of th~i Ma~yap~, a~+d tl+~
full amoum of esch ~nd ~wry such payment sMll be immediately dw and payabl~ ~nd ahall be~r inta~al from th~ dat~ thereof until paid M tF» rat~ ol
nir» per centum pK ~~rwm ind to~e~her with sucA interest ihall be secured by the 1'Nn of this mat~+pe.
4. To pKmit, comnut or wffer no wsat~, fmpairmcnt w deteraration of aid property w ~ny p~A ther~of.
S. To psy sll ar+d iinpvlu the.costs, charges a-~~ expr~~s, ~ncls~d~r+g ~•~~b!r a?~~±!n!y! fee ~d coa~s of a6strrM. 4I t~~le, incvrred w raid at
~ny tims by said MORTGAGfE, because or in the event of ~he failure on the part of the uid MORTGAGOR to duly, promptly ~~d futly pe~fwT, .i~xharge,
~xecut~, effep, compkt~, comply w~th u+d abtde by esch and evcry the itiputations, ~greements. conditions, and covenants of said pro-.~ssory ~ote and this
mor~ype any a ~ither. and sa~d costs, cMrgei arw expenses, eacn and every. inaii be ~mmea~ateiy oue ano payeoie: wneiner w no~ rne~e oe no~ice wr
m~nd, ~tfempt fo colkd or tuit p~nding; and tM full amo~nt of tach and every wch p~ymeM shall be+r interesf from the d~te ~hereof until paid at tF~e
rate of nine per centum per aru~um; and all iaid cosa, charges and expenses incurred w paid, ~o9ether with iuch interest, aMll be ~ecwed by tM lien of thu
^artp+p~•
6. That (a) in the went of sny breach of this Mwt~sp~ w default oe~ the pa?t of the MORTGAGOR, w(b) in the ~vent any of u7d swn~ of mon~y
Mrtin r~fKred to be not prompt~y snd fully psid within thirty (30) days next after the same severally become due ~nd p~yable, without demand w notice.
or tn tM ewnt each u+d every the ttipulations, sgreemenb, conditions and coven~nn of ss~d promiswry note snd th~s mort~~pe any or either •rt not
ivly. promptly and fully perfamed, d~uharyed, ezecuted. ~ffected, completed, complied with snd abided by. then in either a any ~uch ~vent tM said a~
prep~b Wm m~ntioned in said promissory n~.te then rem~inirq unpaid, with iNerest acuued. and all moneys setured hereby. sMll betort~e dw and p~y-
•ble fathwith, w thtresfter, st tM option of uid MORTGAGEE, as fully ~nd completely as if all of the taid wms of money were aipinally atipulated
to b~ paid on such day, anythirg in said promiuory note or in thh Mortg~ge to the ton?rary notw~ths~anding; and ~herevpon or thereafter a1 tM option of
s~id MORTCaAGEE, withovt notic~ or demand, sui~ ~t laa w in equity, therefore or thereaher begun, may be proxcuted. u if ~II naneys iecvrad F~ereby
had mafuted prior to ib iMfitvtion.
Th~l in tM tvent that at the beginning of w st any time pending soy suit upon this Mwtgage, or to faeclose it, w to reform lt, a to enfwce
payment of any claims hereunder, said MORTGAGEE shall apply to the Cour1 having jurisdrction thereof for the appo~ntme~t of a Receiver, tuch Court ihall
FortFiwith sppoint a receiver o( said mortg~ged property +11 and airgul~r, includ~ng all and singular the income, prolits, iuues and revenucs from whatever
wurce duived, esth and ev~ry of which, i~ beirg expressty understood, is hereby mortgaged a~ if spec:tiully set forth and dewibed in the 9rantir?p and
hsbendum clauses hereof, ~nd such Receiver shsll have +~I the b+oad and effective fund~ons and powers in anywise entrvsted by a Court to a Receiver, and
•uch appantment ihall bc made by such Court ss ~n admitted cqviry and a matter of absolute righ~ to said MORTGAGEE, and without reierence to the
adequacy w iMdeqwcy o( ths vatve of the property mongaged or to the wwency w inwlvency of ssid AhORTGAGOR o~ the dc(endants, and that such
renn, profin, income, iuvn snd revenves shsll be applied by iuch Recciver xcordiny to the lien or equity of said MORTGAGEE and the practice of tuch ~
Covrt.
& To duly, promptly and fully perfwm, dixharge, execute, effect, complete, comply with snd abide by each and every the stipulations, ~greemenq, j
conditions and coven~nts in said promiisory note ~nd this mortyage set fath. f
9. That in the eveM the owne+ship of the mortgaged premises, w a~y part thereof, becomes vested in a person otFur than the 1NORTGAGOR, the
MORTGACaEE, i» suttessors end auigiu, msy, without notice to the MORTGAOR, deal with such svtceuw w sutcessw in inte?est with refere~+ce to thi~
mat~~ and the dcbt hertby sec~red in the ssme manner as with Mortgagw without in any way vitialing p discharging tF?e Mort9agors' liability here-
under w vpon the debt hereby secvred. No ule of the premises hereby mortgaged +nd no forbcerance on the pah of the MORTGAGEE or its tuccessors
a~uigro and no extension of the time fw the paymcM of the aebt hereby setured given by the MORTGAGEE or its successas w assigns, shall operate
ro releaie, discl+arpe, modify ch~nge or afiect the wiginal liab~l~ty of the MORTGAGOR herein, eifher in whole w in part.
10. It is specificslly agreed that time if of the esxnte of this contract ~nd that no waiver of any obfipation hereunder w of the obligation se-
cured hereby sMll ~t ~ny time theresfter be Ixld to be a waiver of the terms hereof w of the instrumeM secured herby.
11. In add~iwn to the fwego:ng monthly psymenls of princ'pDl and interest required by the p~omissory note secured hereby, morfgagor covenants
and agreea to pay to mortgsgee with e~ch monthly payment an add~ranal sum es~~matcd by mo?tgagee to be eqwl to 1 f 12 of the annual cost of the follow-
ing:
A-All real property tsxes kv3ed o~ assessed against the above dcscribed real estate.
8-Premiums on fire and wirdstorm insurance as herein requ~red ro be orr7ed on tix improvementt situate on the above dacribed premises. {
C-Premiums on such mwtgage gusranty insurar.ce as mo~tgagee shall from t~me to time dcem fit to carry on the loan secured hereby. 1
~ Mortgagee shsll from time to time notify mortgagor in w~iting of the amouM due and payable hcreunder and suth sum shall thereupon be due and
payable on the due date of the neat monthly payment and each successive mw~th thereafter urtil mortgagee shsll notify rnortgsgor of a cF~ange in s~rch
amount. Such sums thall be spplied by mortgagee toward the p+ymeM of real property taaes, insurance prem.ums, and mortgage gua?~nty insurance
{ premiums.
s IN WITNESS WHEREOf, the ssid MORTGAGOR has hereunto set his hand snd seal the day and yesr fint ~faasaid.
/lSign~d, Sealed ~nd ivered in the presente of: ~
~1 +4
,::itness es . c r
~ _ 2cZ,u'.~.ti L ~ ,i - - ~ .n
r. itne s Dorot ~ Ew uc er n
STATE Of~c LOUISIANA
qa~s ~ ~'~~D ~ ss. i
i
Y
dsfwe me perwoally appe~red .i~unes ~r! Tiieker .~a '
Dor'Ot~ Ewing_`I'UC~:@Y' his wife, to me well known and known to me to be
the ind~vidv~ts described in u+d who executed the fwepoiny instrvment, and acknowledged befwe me that they executed ths same iw the purpose~
r?,~.~ .x~.e...d. ~,d r~ . Dorothy Ewing Tucker ~
w~Fe ot tM ~a~d .Tgme q W, TLekel~ , vpon • ~epa.~t~ ~nd pr~v~r~ ~
examinaYron by ms taken sep~~ate and apart from he~ said husb~nd, ackiwwledged to ~nd befwe ms that she execvred said i~strument fre~ly and volurr
tarily and without aqy compulsion, constraint, ~ppreheniion w fear of or from her~ sband.
' ~
WITNESS my hand ~nd official se~l this ~a~ day of J~ ~ f~. 19 65
~ '
? ~ ~ .
FII.ED ANO RE Notsry Publ' nd foty~Ne 51i1~
~ ST. ~UCIE COUNTY •
~ RECORD VERI Q • My ez~r : , ~ j
aetwn ro: ~ J. WADQY^'~'
G~FA ~
Fust Fedenl Ssvinps 8 Losn Association ,~ir/[J l/ Ii~r~Rr ~usuc. ~,jrir Par11r.~/.~~; ~
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O( Fo~t Pterce. ~ • ~ .
Fo., P;~.u. Florida 'u6 JU~! 6 PM 3: 36 r'..'",~~ . ~
~r.'v?m ~ ~ ^ ~ ~ '
D~~~, ~ 145854 ~
~ Cu~~C' INTAMCis ~A~AEIITOFTAXt rtO`: (_R %'~ITR.".S ' ~
P~~ P rocN ~~ERapN~~ ~ ~LERK CIRCUIT COURT W S I/-~ i c U~ r LU ~ i 1.~
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