Loading...
HomeMy WebLinkAbout1999 ~ i To place ~nd conHn~ously keep on tM buildings now o~ haeahN ~itwu on said luid snd on +II eqvipmem ~nd p~no~ally covaed by thii mort9- . wifh dl prtmiums lhereon paid in full, firo i~u~~a~xr ~n ~M ~sual iunds~d policy fam, in a iwn approwd by ths MORiGAGEE, ~nd windttam ~n~uranct In tM vswl iqndard pol;cy fam, in a sum approved by iM MORTGAGEE, in s~?ch company or companiK +s tM MORTGAGEE n?ay dirKtj and all Rr~ and windstoree~ insuranc~ polkies on ~ny of iaid build~nps, any {ro~r~st therein or pah thereof, in tFN ~re9~ff Win ~}Wfi~d M In ~xcea 1hKwf, shal) conbin tM ~swl it~~dard mortgage~ claus~ a iuch other cl~us~ +i the Mort9ayse may rpuu~. m+kinp ~he los~ unde~ sud po1F uc~, ~~ch and ~wry, p+y+bl~ 1o s+~d MORTGAGEE ~s its intereit may ~ppear, and each snd every iuch pol~cy ahall be prompdy +~s:gned ~~d de~ivered ro •ny Ixld by said MORTGAGEE ss fu~tha secwiy to said ma~~a9e dcbt, ~nd, not leu tMn ten (10) days in advance of tM expir~t~on of each policy, to dr I~~~sr ro ~aid MORTGAGEE a nnewal 1F+Keof, topetha with a receipt fw tht p~emium of wth renewal; ~nd then s!?~II b~ no fir~ w windstorm insuunte pl~ced on ~ny of said b~ildirqs, any inte~est therein w part thereof, unlesa in the form ~nd with the loss payable as +~aesaid; snd in the event any sum of mon~y becorn~s pay~bl~ ~ndK wch policy w policies said MORTGAGEE ~hall haw 1M optio~ 1o receive and ~pply :he same on account o( the indebted- neu secwed hereby w b permit said MORTGAGORS ro receiw and uu N ot any part Ihereof fw other purposei, wl~hout th?reb~ waivi~y or ~mpair- ~rq sny p~ity, li~n or ripM ur+der or by vinw of thi~ mortyaye; and in tlw tvee~t taid MORTGAGORS ~hall iw aey reasw~ fail to keep the sa7d prom~ses w insured, o? f~il b dsliwr promplly ~ny of said policits o( inwruxe to said MORTGAGEE. or f~il promptly to pay fully any premium therefor or in any r~sped fail W pNfonn, disthupe, ~xecute, ~ffect, complets, comply wi~h and abide by tfw covenant. a any part I+e~aof, said MORTGAGEE may plsce snd pay for such irou~ant~ or sny part th~reof withouf waivinp or ~ffatlinp any option, li~n, pvity, or right unde~ x by virtw of this Morty~e, ~nd tht f~ll amo~nt of sach and ew~y such p+ymsnt shall b~ irm~ediately dw ~nd piyabl~ and sMll bear interest from tM dat~ ~hereof until paid at the rat~ ol n~r,e pa oentum pw amum and together with such interas~ iF~ali be secvred by the lien of this mortpaya. To p~rmit, twnrnit w suffer oo waste, imp~'ument or dererioration of said property ot any put thcraof. 3. To pay all and sG+pvlar th~ cosri, cFuryes +nd expenxs, inclvdiny s ressor+able ~ttwney i fee snd wsts of abst~acri of title, incu?red w p+id a~ e~y time by s+id MORTGAGEE, beuusa a i~ the event of the failure on tF~e part of ~he isid MORTG/lGOR to duty, promptly and fully pe.form, d~schar9e. - execut~, ~ffecl, oanpkt~, comply with and ~b~de by each and every the stipulatwns, agreenKnts, cond~tions, and cov~nann of sa~d promissory no~e and ~hc, mortgap~ ~rqr or ~iths~, u+d said cosn, ch+~ph snd eapenses, each and every, sl?~II b~ immedutsly due snd payable: whethe~ or not there bf r.Otit! d~ m~nd. ~ttempt to to1kN a wi1 pa~dingt and the full arta~nt of each and every s~th payment thall besr inter~st from the date thereof until psid at the rate of nine per tentwn per annum; and all said tosts, charges and expensct incurred w paid, together with suth intertat, sMll b~ setuted by the lien of thiu mwt9a~. Q Th~t in the evenl of any breach of tha Mortg~ye or default on tM ps~t of the MORTGAGOR, or (b) in 1he event anY of s+id ~wns of mooey herein referred to M oot promptly and fully paid within thlrty (30) days next after the same uve~ally betome due a~d payable, without demand w notice. or (c) in tM ~wnt each and eve~y the stipulaYwns, agreeme~n, conditions and coven~nts of ta~d promisso?y note and th~s mortya9e any a either are not i~ly, promptly and fully pe?formed, d~uharged, executed, effected, completed. compl~ed with and abided ~ay. tl+en in either a sny such weM the said ag - gregate wm m~ntaned in said promiuwy note then remaininp unpaid, with imerest acuued, and all moneys secured hereby, th~11 become dw and pay- ebls fwthwitFy w thereaha, at the option of said MORTGAGEE, as fully and completely as if ati of the said surns of money wcre wipin~Ily stipulated to be paid on tuth day. anythin~ in said promiuory note w in this Mortgage to the cont:ary notwith~undiny: and therwpon w thereafter at the option of said MORTGAGEE, without notice or dem+nd, suit ~t law ot in equity, therefore ot thereaftct begun, may be prosecuted ~i if all moneys secured hereby hed matured prior fo its iMtitutan. 7. That in the event that et the beginning of or at a~y time pending a~y suit upon this Morfgsge, or ro foreclose it, a to reform it, o? to cnfwce payment o( ~ny dairt?s here~nder, said MORTGAGEE shalt apply to the Court hsving jurisd~dion thereof (w the +ppo~ntment of a Receiver, such Court ahsll forthwith ~ppoint t receiver of sai~ mortpaged p~operty all and singvlar, ioclud~ng all and singular the income, pro(its, issua ~nd revenues from whatever w~rce derivad, each ~nd every of which, it being expressly understood, is hereby mwtgaged as if apecifically set fath and described in tFa yraering and habendum tlauses hereof, ~nd tuch Receiwr shall I~ave all the broad snd effective funcnons and povrcn in anywi:e emrusted by a Court tp a Receiver, and such appointment sMll be made by such Court as an admit?ed equiry and s matter of absolute right to said MORTGAGEE, ~nd without reterence to the adequscy w in~dequ+sty of the vslw of the p~operty mwtgaged or to the so~vency w insolventy of ssid~ MORTGAGOR w the defendants, and that such renf~, profits, kxome, issues ~nd revenues shsll be apptied by such Receiver according to the lien or equity of said MORTGAGEE and the practiu of such ~ Coun. ' J 8. To duly, pranptly ~~d fully perfwm, disth~rge, execute, effect, complete, comply with and abide by esch aod every the stiputations, agreemenU, conditwns and cove+wMS in s~id prombsory note and this mwtgage set forth. 9. Th~t in the event the ownership of the mortgsyed premisea, a any part thereof, become~ vested ie a perwn othcr thsn the A10RTGAGOR, the MORTGAGEE, its successors and essigns, may, without notice to the MORTGAOR, deat with such success~r a wccessor in imerest with refertnce to this mort9s9e and tha debl haeby secured in ths same manner as with Mwtgagw without i~ any way vitiatiny a d~uharg~ng the Mwt9sgors' liability hert under o? wpon the debt Ixreby setured_ No s~le of the premises hereby mortgaged and no forbearance on the pan of the MORTGAGEE or its svccessors ; or a::~gns a~d no extension of the time iw tlx payment of the debt hereby secured given by 1he MORTGAGEE or iri tuccessws ot auigns, shall operate i to release, dixharye, modify change w affect the orginal liab~tity of the N10RTGAGOR here~n, either in whole or in psrt. ! 10. It is spetifically agreed that time is of the esxnce of this contract and that no waiver oE any oblgation F~ereunder or of the oblip+tan st cvred hereby shsll at any tune thercahtr be held to be a waiver of the terms hereof or of the instrumeM secured herby. 11. In addition to the fo?ego:ng monthly payments of prin~ pal and inferest required by the promtssory nore secured he~eby, mortgagor covenanta and agrees to pay to mortgsgee with each monthly payrnent an additional sum est~ma~ed by mortgagee to be equal to 1/12 of the annual cost of the follow- ir,g: A-All ~esl property taxes lev~ed or assessed against thc above desai5ed real estate. B-P~emiums on fire and windstorm inwrance as herein requ~red to be carried on tFx improvements situate on the above described premises_ C-Premivms on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the {oan secured hereby. I Mortgagee shalt from time to time notify mortgagor in writ~ng of the amount due and paysble hereunder and such sum shall thereupon be due and I Fayabte oo the d~e date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify mortgagor of a change in such f amount. S~rch s~ms shall be +pptied by mortgagee toward the payment of reat property taxes, ins~rance prem.ums, and mortgage guar~nty inwr~nce I p•emiumt. E I WITNE55 WHEREOF, the ssid MORTGAGOR has hereunto set his hand and sesl the day and yesr first afwesaid. ned, led and iver in the preience of: 1 an . . . .n ~ ~aq SiATE OF FLORIDA ~ couNnr oF St. Lucie Before me personally appeared Ro y F i gg e r s a~ Idelle Figgers n~: W~r~, to me well known and known to me to t» the individuab deicribed in and who execvted the foregoing instrumant, and scknowledged before me that they e:ecuted the same fw the purposes therein expressed. And The said Ia61~.8 FigKers w:fe of the W~d - Ro~ FiRgera - , opon a sepsrate and privste e=am~nstion by me taken separate and apart from her said husband,_ acknowledged to and befwe me that she executed said instrument frcely and volvn- ~ar~ly and witF~out ~ny compulsion, constraint, ~pprehension, or f %of w from her said husband. WITNESS my hand snd offitial seal thi day of Jl~l q_ p, 19 66 ~ Nots Public in and fw the SNte of flwida N lsr~e € . Comrn~saion • res: • 'ittitr~ NN. ~ ~ Return Ta J~~~~r ~'~Otify PI~1[ SU~! O~ HOtidi it ~.if ~ F1nt Fedewl Savirgs 6 Loan Association , ~ ~ ~iR~• ~~:s~~~>~. IM~r Coaaaas+o~ ExPires Sep#- 23. 14 9 ~ Of Fort P~erce. • ~ . b~d~d b A~iw. iw ~ GswM~ Co- - Fo~ P~~«, Florida F!LED ANO RECOROEB ~ Q-; i ~ ST. LUCIE COUNTY. FLA•: ~¢c ' ' ` ; ~ VERIfIED = ' _ ~ ~ ~ RECORO _ • ' t-~ ' ? ' { ,~~~,~~p G~~~ " ~ J ~ . . o. : ~ . ~ " - j.: ~ ~ '66 Jtl~. 2 5 PM 2: 4 g~:' : ~ ~ a ~ _ ~1~~'~~o CLERK CIRCUIT COURT BooK 151 1 gg _J . ~ . : _ - - - - r~;A;:- _ s `~-a . .E, ~ ~ 7s:,~` ,~Y~'.