HomeMy WebLinkAbout0998 ~
To plac~ ~nd oontinuou~ly kNp oe tM buildinps ~aw a Mreaf~u wtuate on said tand snd on aN pvlpn+~d ~nd pasonally wwnd by thi~ morp~ ;
p~. with ~11 prtmium~ tMr~on paid in tull, fin insuranc~ in ~hs uswl iundard policy fam, {n ~ suen ~pprowd by t!» MORTGAGEE. and wind~tpm r
inuKS~ in tM wwl ~tu~dard pol~ty fam. in • wm ~pprov~d by tM MORTGAGEE, le wcl~ compw~y o~ comp~niK q t!w MORTGAGfE may
~~rscti aed s!i ftr~ ~+d winds~a.e+ tnswW,o~ potici~s on any of ssid buildinp~„ ~~yr intKa~t therein a pan tlwr~of, in tM ~pp~e9at~ wm aforeaid or
In ~xpq tMnof, ~MII eonqin tM uswl s~andud mortpa9e~ elauis Of ilKF1 01FM~ CI~Yi~ u fM 7~ii~iy~~nl msy r~~;~~. :~~kirey tlsa !wa +.~s. ,a+d ~e+11. '
c1~s. e~ch and ~vtry. paY+bM 1o said MORTGAGEE as its lmereit may app~ar, and escA and ~ve~y wch policy il»II b~ p~omptly ~u:~n~d and ddiwr~d to
~ny h~W by ~atd MORTGAGEE u furtha s~cwity ro ~sid mortgay~ debt, and, oot less than ten (10) days in sdwnce of the ~xpi?~tion of e+ch policy, ro dr ~
t~wr to ~aid MORtGAGEE a r~w~l Nwr~of, to~e~hK wi~h s rec~ip~ fw ~Ae premium oi such reoew~lj ~x! ~Mr~ sh~ll b~ no fin o. wi~~an+ inwru+c~
pfapd on ~ny oi said buildirg~, ~ny in~~reit rM.sin a put the.eof, vnleu in tlw form ~nd wiih tl+~ loss pay~bl~ u afo•~s.id: +~d in ~he ~wnt ae+y swn ~
of mo~y b~eoeews p~yabN w+d~r wch polity w polici~s said MORiGAGEE t1?all h~w th~ optan to ~eeeiw and ~pply 1M s~ on ~ccounl of th~ ind~bted~ ;
nes~ Ntw~d hK~Oy or eo pKmit s~id MORTGAGORS ro?eceivs and us~ it or any parl thereof fw other purposes, without thereb/ w~ivinp a impair
tnp any pu;ty, Ii~n or ri~ht under ar by virtw of this m~syapes +~+d in tM ~vent ~a~d MORTGAGORS aMtl fa ~ny ?easa+ f~il ro keep th~ wid pr~nises w
ins~r~d, or f~Il to d~liva p~omptly any of said pol~es of inswancs ro iaid MORTGAGEE, w f~il prompth ~ P+Y w~N +~+Y P?~+^iwn therefw w In sny
r~apM f~il b pNfw~, disthup~. sx~cvt~ +ffect, compl~te oomply wi~h u~d ~bids by tha ooveo+nt, a aey psrt herwf, said MORTGAGEE m~y pIm ~nd
p+Y ~~~+r~ or any pxt thKeof without waivinp a ~ffecti~p any option, li~n, puity, or riqht unda o? by virtw of this Monp+p~. ~nd tM
full amount of tach +~+d ~vKy such paym~nt sMll b~ im~.rod~arely dw a~d payabls and slwll beu tnmesf from th~ dab thereof until paid ~t th~ nt~ ot
nin~ pK pnwm pK uuwm ~nd to~ether with wch interest shsll be secv~ed by tM IiM of this mwt~pe.
J. To pKmit, aommit p wffK no wut~, tmpaim~ent a detetiasuon of s~id property or any part thereof.
S. To piy all a+d sie~ulu tM costs, chupa and expanses, includirg a reasonable attorney's fee and cosb of ~batr~cts of titl~, Incurc~d or paid at
~ny tim~ by a~id MORTGIIGEf, l~caut~ w in the event of the failure on the pa» of th~ said MORiGAGOR w duly, prompty and fvlly perfo~rn, d~sch+q~
~xccuta ~ffed. oa^Pk». aomP~Y with ~nd ebid~ by ~~d? and every the stipularions, ~greemenra, cond~~iw~s~ •nd caven.~n of s+id.promissory nof~ and ~h4
matyap~ ~m a~ithN. and s~id oos~s. chu~es ~od ~apenses, aach and ewry. sMll b~ inunad~arety due and P+Yablet whether a no1 ther~ be r.otiu d~
+n+nd, ~n~mpt to ooll~cf w wit p~ndiegl and tM full amount of each and every wch payment thall bear intarest from ths date thsreof until piid at tM
~ate of nln~ pK oentum p~r annum; ~nd all said oosn, chug~s and expenses incwred a paid, together w~~h svch intsr~st, ~haU bt :tcvred by tM lier? of tlw
~«ro~«
6. Th~t (a) in the wMt of any b~ach of ttw Mortgap~ or default on tM pan of the lNORTGAGOR, w(b) in the ~vent any of s+id swm of ewn~y
herNn rtf~rnd to b~ ~01 promptly and fully p~id withi~ thiry (3p) days nexl after the same severally becomt dve and pay~bte, wifhout tl~m~nd w notitt,
or (c~ In tM ~w~t ~xh and every 1M ttipulations, ag~e~ments. condirions and coven~n» of s~~d promissuy nota and thts matpap~ ae+y w ~itMr an not
iuly, promptly ~od fully q.formed. d~scharged. executed. effected, completed, compl~ed with and abided by, th~n in ~itha w~ny such ~wnt tM wid ao-
y?~h wm m~Mia~d in uid promiswry nob then remaininy unpaid, with interes~ acvued. and a11 moneys s~cw~d Aertby. sh~l) Mcoen~ dw and pay~
able fathwith, a tM~Mft~r, ~t tM option of said MORTGAGEE, at fully and completely as if all of the ssid swns of ewoey wer~ or:pirully stipulated
to b~ p~id on wch day, ~nythlrg in s~id promissory nota w in this Mortpsye to the contrary notwi~hst~ndinp: and therwpon or thenafte~ at tM option of
~~id NWRTWIGEE, witho~t notia or d~mand, wit at law or in equity. fherefore o? thsresf~er begvn, inay b~ praacut~d as if all ma?tys s~wnd her~by
hai! matwld pior !o ita it?~titution,
7. TMt in th~ ~wnt that at tM b~inning of or ~t ~ny time pcndiny any wit upo~ this Mort9aqe, a to fonclos~ h, or to nform tt, or to eniwa~
p+ym~nt of ~ny d~imt Mreunder. s~id MORiCsAGEE sMtl ~ppfy ro the Cov.t having jwisd~ction ihe?eo! for tM ~ppointmMt of ~ Receiver, such Court sh~ll
Fwthwith ~ppoint ~ nceiwr of ssi~ mortpsped property all and iirg~la~, inclvd~ng all snd singutsr the income. profits, fuws u+d rewnues from what~v~r
wvrc~ d~?iwd. ~ad~ aed ~wry o# whrch, it beiep txpreuly understood, is hercby mongsged as if apec~ficatty ss~ forth and dewib~d In thi pr~ntinp and
habtndum dauks be~~of, and wch Reteiwr yhall Mve sll the b?osd and effective fund~ons and powers in anywise entruited by a Cowt ty a Rauivk, and
wch appointm~nt aMll b~ mael~ by such Cou?1 a~ an admined equity and a maner of absolute right to s~id MORTGAGEE. ~nd witF?out rofer~nu to th~
~dpu~cy a inad~quacy of tM v~tw of the properry mwtyaged or to tFK wwency w insolvency of aaid MORTGAGOR or tl+~ defe~da~n, and tMt uuh
re~~• profits, incorn~, iaues ~nd nvenues shall b~ ~ppl'~ed by such Receiver accord~np to ~h~ lien o? puity of s~id MORTGAGEE and tM practiot of such
8. To duly, promptty and futly perfo~m, disct+ar~e, execute, effect, complete, comply with and abide by ~ad~ ud wery tl+s stipulaYions, aynemants,
conditions and coven~nb in aaid prombsory note ud this mortgsge set fwth. '
}
9. That in t!w wtnt the owneahi of tM ~
P ~9~~ PK~^ises, or ~ny p~A tF?ereof, becomes wshd in • p~raon othe? th~n the MORTCsAGOR, th~
MORTGI?GEE, In svcc~uoes ~nd assipns, may, withovt notic~ ro the MORTGAOR, deal with such sucussor p wowaor in i~terest witb r~f~rrna to th4 i
monpap~ and tM debt her~by setwed in th~ ssme manner as with Mortgagor without in any way vitNtin~ a distMryinp tM Mortyspors' (i~bility Iwr~
under or upon tM d~bt hKeby secured. No wle of the premises hereby mortgsged and no fwbearancs on the p~n of the MORTGAGEf w iq successors ~
~ auPgns s~d no extsnsion oE rhe time for the psymeM of the debf hereby secured piven by ~he MORTGAGEE or ih sucusso.s or usi~ns. a1w11 ~per~f~
ro rNeau, distharpe, modify chs~ge w affett ths orginal liability of the N10RiGAGOR herein, either in wiwie o~ h~ pu1. ;
10. It b speufiully apreed that time i~ of the euence of this contract ~nd tMt ~o waiver of any obl'~yat~on herev~ or of ttw oWiq~tion sr
cvrd Mnby aMll at ~ny tim~ thtreaher be held to be e waiver of the te~ms hereof a of the instrwr~ent secvrsd herby.
1}. In addilion to the fwego:ng rr?on1h1Y psymeNS of princ'pal and inrerest required by the p~omisswy npre secwed hereby. mortgegor epWM~n
and ~yrses to pay to mortgagee with eath monthly payment an add~tionsl sum estimared by mwtgagee to be equal to 1/12 of the annu~l tost of the fol(ow-
in9: ~
A-Alt real proparty t~xes kvied or auessed againsr the above described real estare. ~
!~•~±E~~±•e on fir. and w~ndatorm insu?a~ce as fxrein requ~red to be carried on the improvements sitvate o~ the sbove desvibed premises.
C-Premivmf on such mortga9e gwrsnty insvrance es mortgagee sh~ll from t~me ro time deem fit fo urry on the bsn setured hereby.
Mortysqee ~hall from time to time notify mortgagor in writing of the amount due and payable hereunder ~nd such sum shall therevpon bt dw snd ~
payabk on !he dve date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a chsrgs in such
amount. S~c1~ sums shall ba ~pplied by mortgayee toward the payment of real propeny tsxea, insurance prem;uma, a~d mortg+ge gwranty insursnce ~
premiums.
IN WITNESS WHEREOF, the s~id MORTGAGOR has hereunto xt his hand and xal the day +nd year fint ~foresaid.
~jl~p~d. S~a~ ~nd d~li s i presence of:
Ai~~ Yy,
~7-v ~i LR ~ ~
n
. ""q t
n--n
STATE OF FLORIDA
~ courm oF St. Lucie } 5'S'
j Jamea F. Harn?on
Before me pKwn~lly ~P~ ared
! He a the r J. ABIRIIOA his wife, to me well known and known to me to bs ?
~ the individwls desvibsd in and who executed the foreyoirg insfrwnenL and acknowledged before ms that they executad ths aame fw the purposes
,~,e~, .,~.,,.d. ,M Re e the r J. Ha rmon
wile of tM said eTBIR@8 ~8I'i11011 - vpon a sep~r~te and privat~
ezsminaYan by me hken sep~rate and apsrt from hcr said husband, +dcnow{edged to snd before me that aF?e executed said instrument fresly snd volun-
4 hrily ~nd without arry computsion, cpnstraint, ~pprehensf'° w ~fe ot or from her ~aid hvsbar+d.
~ WiTNE55
my Mnd and affici~l s~sl thia ,,L~1'~ day of September A. D. ~9 66
~
i -
j a ry Public in for the Stsre of fbrida ~t larp~
! ~t~:;;~
•/IAY, ConHnission e:pires:
Retum To: . ` , ~ W ' y-
I fl~st Federal SavinQt 6 l.oan Assotlation ~~~.~i~.•.......~~`-~;',~ PI~K. ~t! Of ~OIN~i it rw~~e
I Of Fort Pierce. ~ ~~ssie~ fs~es Sept. 23, i969
E L~l - MiN b AMricM fw ~ CnwY~r G.
Fo~t Pierce, fbrida ` r~ C p
• ~
~ = • • < ~ ~ ,
ND RECORDE~ ~ :'-;t-; %j ~ <
` . FILE A _ ~ : s _ .
~ ~E ~ ~ -,~v FLA. , •o!.~ J : ~r,:
I gT. ~UC , y•.; ~ Q ; ;
. r i~ • ~
f f~!',n?}
I _ . . ~ ' ~
"
i i pc~ 3; o i .
'US S~° 148354 -
' ~ n
' ~ ~ = - ~ ` ~o~R~~- 600K 154 ~ 3~--~
r l~i~-~ _
- - G` t~/
xr~;~n~'.r~~s.~
~i :^`l~s.,~"~~~;~2'^ ~i~~-~~=
~..~"~U . : - - - - - .
e r
":`;i
,