HomeMy WebLinkAbout0961 To plac~ W+d conti~wo~rsly kep on th~ buildiegs now a hKeahK utwN oe said la+d and on dl pulpnwot Md pNSOnally cow~~d by this nart~
ap~„ with all premiweR ~1?~+~a+ P+~d in full, tin te?tur~nu ie~ rFv ~»val st~edud policy form. ~n ~ sum ~pprowd by tM MORTGAGEE. ~nd wied~tain
kaw~na In th~ ~nual slu~dard polity fam, in a sum ipprov~d by the MORTGAGEE. in such canp+~Y w comP+^K+ th~ MORTGAGEE n+ay
dintq and sll fin ud wind~torm &awana Policits on ~ny of Nid EVfMi~Q~, My iilMfNt ihNfG1 Of pNt tAl~W/, in tM pprpan swn ~fan+id or
M~taa tMnof. ~h+ll conqfn ~F+~ usual standud matp+~ d+~+s~ o~ such othK daus~ a th~ MatypN n?+Y n4~~~. m+k~+p t~"~ ~s+ ~+'d pd}
cNs, ~ch ~nd ~wry. p~Yabi~ q s~id MORTGAGEE as in ietKat may sppMr. and each aid ~wry svch policy sMtl b~ p~an?ptN +sa:yn~d +^d dNiver~d to
any h~ld by ~aid MORTGAGEE a iwtFw~ secv~ity ro s+id monpap~ debt. and, no1 I~ss th~n Nn (1~ d~ys in ~dvanc~ of tM e~~tion of Nch policy, a d~
liwr b s+id MORiCs~?GEE a r~ew~l tMr~of, topNhN with a nu~pt fo~ th~ pr~miwn of wch r~eww~l; u~d tFkn sMll b~ no fin a winditorm inswu~c~
tM
p~apd on ~ny of said b~iidinp~. ~ny intKat tMnin a put th~rwf. unl~ss tn tF~ form'and with iFw lou paysbl~ +s ~fwtsaWt +~d in tM ~veot ~ny swn
of mo~y becan~a WYabb wnlw wd+ polkl? a PoliciN saW NWRTGAGEE ~MII haw th~ optan a ncsiw and ~pplp tM s~m~ on ~ccarnt o1 th~ k~d~bred~
Mp Ncund Iw~~r a a p~rmit Wid MORTGAGORS 1o ttc~iw ~od us~ it p ~ny put tl+~~eof fo? o~hc? purposes. wt~hout the~eb~ w~ivi~y o~ impai~
t~g ~ny puiry. li~n ar ripht wda a by viAw of this mortpa~ej ~nd in tM ~vMt wid MORTGAGORS sMll fa ~ny n+son fail to ke~p tM aid premiu~ w
Imund w f~ti to d~liva M~P~~1? ~^I? of s~id pol'~s of ieuunnn to s~id MORTGAGEE. or f~il promP~~Y ~ P~Y fi+~~1? ~~Y P~tmivm the?~fw w in ~ny
napat faii b pa(an~ disehu~e. ~x~eva. ~ffM. oanpl~t~. oomply wirh ~nd abid~ by this eown+e+t, a+ny P+rt f~wf, said MORTGAGEE ~nay pi~p and
MY fa wch haw~ o~ My part th~nof without w~hrirp w~ff~etin0 +~Y oP~~on. ~Ien. Wvib. o~ riph~ ue~der a by vi.tw of this Mortyap~. N?d tM ~
ivll ~+~owN of ~ach and ~wry wch WYme~t ~I+~II b~ imrnediat~ly dw and py~bl~ u~d ~h+ll b~u inte~es~ from tM d~b thueof vneil p~id at tM ~+M of ~
nirw pM antunn pN anrwm u~d to9ether with sucA M+ta~st sF~11 b~ ~c~nd by th~ I'Nn of this mort9ap~.
1, To pKmit, aonr~Jt ar wffa no wat~, imp~kmN?t or dct~rioration of said property o? anY P+M tM~wf•
5. To pay ~II sed sLp~lar th~.cosri, ch+rpa u~d ~zp~ws. includirg • r~aw~ble +ttorr~y's fe~ and wsts of ~bshacts of titb. incurr~d a p+id
~ny tim~ br aW MORTGAGEE, b~c+vu ot in the ~wM of tM fa~lun on th~ pitt of tl+~ aid MORTGAGOR to duly. promPty ~nd fuliy p~.form, d~icMrgR
•xecvt~. ~ff~d. canPM~ ~^+PM with and ~~de bY ~ach +^d sverl? tM stipul+~io~a aprs~raents. co~ditioro. and cowewnn of s~id promtuory not~ u+d thu
~~9+a~ +~Y or titlw~. and said cos». chu~s snd ~xpures. Nch ~nd ewry, shall b~ imm~diatsy dw and payabN: whetl~ or not there b~ notid ds
mand. +ttamW to oollact a wN P~d~^0: .nd tM tull amowu of ~sch and ~+rery wch p+yment shall b~s. iMe.~st han tM d~t~ thaeof until p~id s1 th~
rate of r?~ per tsntum per anrwm; u~d all said tbsts, t1»r~es and expM?ses incwred o~ Wid. wp~tha with wch intK~st, sh~11 b~ s~cwed by tM IiM of thi~
mortp~pa
0. That W in tbe w~nt of any b?each of this Matyap~ or d~fsult on N+~ p~n of tM MORTGAGOR, a(b) ie tM ~vent any of sa~d sums of ma~y
hK~in nfKred w b~ not pranpty a+d ivlly p+id within thirty (30) days next after ~M ssms severally bscam due ~nd payabl~. witho~t d~rn+~d o? notic~,
or M tM ~wnt ~ad~ and w~y tl~e stipulaYiaw apr~neen. ca+ditian a~+d aov~n of wid promisso.y eot~ uid th~s mortp~pe ~ny a eitha~ ar~ ~+a
~u1y. promptly ~nd fuly paforrn~d, dischuped ~xewt~d, effeNed, completed. cnmplied with ~nd abided by, tMn in eitMr a any such ~vtnt th~ s+id a~
prq~1~ wm m~ntion~d in s+id promissuy no~s tMn nmair+inp unpaid. with iMa~st ~causd. u~d all moneys secur~d hereby. sh~ll bccom~ dw and paY~
sbl~ fathwith, w thK~aher, a1 tM optan of ~aid MORTGAGEE, a fvlly and canpbtely u if all of the pid sums of moiwy ware agin~lly sNpvlated
to b~ p~id on wch d~Y, inythinp in sa;d promiswry ooM w in this Mortgs9e w tM contrary ratwithstandinp; and there~pon or thsreafter ~t tl» optan of
said MORTGAGEE, without raGp a dem~nd, wi1 ~t lawr a in puity, there(ore a thereafter ba9un, msy be pro3ecvt~d u if all mon~y~ s~curd Mrsby
h~d matvnd prqr !o ib irotit~tion.
7. 1Mt in th~ went th~t ~t tM b9irv?i~g of or at ury tims peed'np aoy suit ~pon this Morty+g~, w to foreclok it, or to nfwm N, a ro a?fwu
p~ynwnt of ~ny daims h~rwnde~. s~id N1pRTGAOEE sMll spply ro the Co~A Mving jvr~sdittion thereof iw tlw ~ppomtment of ~ Reteive?. wcfi CouN sh+ll
fortliwith ~p~wint a nceirer of said matp~d properly all and wgvlu, includ~rg all sod singulu the incwne, profits, issws u~d revenues lran what~vtr
swi~p duivtd, tach ~nd ~very of whrch. it beinp ~xpressly unden~ood, a hereby mortgaged ss if specifically ut forth and describ~d in tM ~~antinp and
hab~ndwn dauss~ Mreof, u~d such Reoeiva ~I+all haw afl fhe brod ~~d effenive fvnct~ons ~nd powers in amwted by a Carrt to s Receivsr. snd
s~ch appoiMmsnt shall be mad~ by wch Cowt u an sdmiHed equity and s m+tte? of absolute ~iyht to ssid MORTGAGEE, u+d wirhout referc~te ro tM
adeqv~cy a iewd~q~++cy of the vslw of the prbperry matgaged w to the sohrency or insolvency of s~id MORiCaAGOR or M+e defe~dann, and that such
rents, profits, inoome, iuues aod nvenues ~hsll be applied by wd~ Re~e~va accwd~rg ~o the I'~en or pviry of said MORTGAGEE and the praaiu of sucA
Caxt.
d. To dv1y. prampNy and fvlly perform, d'ixhsrqe, exenrte, effect, complete, oomplY wilh ~nd abid~ br each and wery 1Fw stipvlatwru, ~preemenb.
cond'd'pnt and covenanq ;n said promissory note uid th;s mortgsge set fath.
9. ihat in th~ eveM tM ownenhip of the mortg+ped premises. w sny p~rt thereof, becomes vested in • perwn other tM~ th~ N10RTGAGOR, tl+~
µpRTG/?GEE, fy successors and asspm, msy, without notice to th~ MORTGAOR, deal wi~h iuch wccessor w wccessor in imerest with reference ro this i
rtwrtya~e and the debt hereby secw~d in tM same m~nner as with Mwtyaya witlwW in ~ny w+y vitiatinp a dixharpiny the Mwtyayws' (iability Irra i
under or upon the debt hereby secured. No sak of ~he premises hereby rewrtyaged and no fwbear~nce on tht paA of tM MORTGAGEE a its successon ~
o. auiyro u~d ra exte~sio~ of the time fw the psymenr of the aebt hereby secured yiven by the MORTGAGEE w its wcussors a assiyns, sMll operst~ ~
to nleas~, d'acl~ar~, modi~y change or affect th~ orig~n+l IiabiGty of the MORTGAGOR here'uy eithsr in whole w in put. ~
10. h is specificslly a~reed that time b of the essence of this contr~ct and thst no waiver of any oblig~tion here~nder or oi ths oblipsYan sr
CLifCd FNfl~ fI1iII at ~fly 111I1! tIllfNNQt Ef FIQId f0 bQ a W~iVlf Of 1F1! iNTf hereof or of the irotrument secured herby.
11. In addition M the forego:ng monthly psymenfs of print:p,l and interest required by tMe promissory note tetured hereby, mortyagor cove~?ants
and ~prees to pay to mo?tgsgee with esch monthly payment sn add~rionsl sum estimsted by mortyagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-All real property taaes kvied w ~ssessed against the a6ove dexribed re+l estste.
b--Premivms on fin and win~storm inwrance ss herein requ:red to be urried on the imp~ovemenn sitvste on tl+e ~bove described premises.
C-Premiums on w~ch mort9sge gwrsnty insvrance ~s mortgsgee shall from fime to tune deem fit to csrty on the loan secured hcreby-
Mort9syee shall from time to time notify mortgagor in writiny of the aw~wnt due and p~yable herevnder and such wm shall thereupon be due and
payable on the duc date of the next monthly psyment end each s~ccessive ma+th therc+fte~ ur.til mortgspee shall notify mortgayw of a change in wch
~ amount. Such uwns shall be applied by mortyapee towsrd the payment of real property taxes, insurance :wns, and mortgage gvaranty insurance
! pre~riwm~.
~ ~ IN WITNESS REOF id TGAGOR has hereunto set his haod and seal the day and uat fot . :
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STATE OF FIORIDA ~ ,
St. Lucie ~
courm oF •
~fa~ ~u,, Robert G. Hall «,d :
Marv W. Hall hK Wif~, to n,. ,a~n knwm .~,d tnown w me fo b. '
tM individwb dewibed in and who ~xecuted the fore~oinp instruen~nt, and ~cknowledged before me tMt they executed tfie sams for the purposes ~
rhe.e~ .~cp...+~d. a,a rh. ,.~a Hary W. Hall
w;~. R~bert Qr_ Hall upo~ , seps..fe .~a p.tr~a
ex~enin~Pan br rn~ t~ken s~p~rate and apart from her s+id husb+nd, ~cknowledped to snd before me tFwt she executed said iiutrument freely and voluo-
rarily and without arqr campulsion, constraint, ~pprehens"wn, qf ftu of ot from her said Fwsband. .
~ d~y of J A. D. 19 66
VYITNESS my iwrKl uid off'Kisl seal this
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Notsry Public in u~d fw ths State of Plorida at larp~ ;
~ My Comm~ssan ex~re!latu~, Pubiic, State ai ~or'da at large ~
R~tvrri Ta. - ~r.Commission Exp'ves Nwr. 3, i969 i
F.a~..i s~~;~. 4~~a,-
~ILE~ AN~ REC~OYDFLA• '°.aw a ~.«K.. fw 3 QwR1 Co. f
pf Fort Pierce.
fort Pieru, Florida ~
ST, WC~E C VERIf1ED - . . ~
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