HomeMy WebLinkAbout1511 S. To plaa and continuo~nFy kNp on th~ buildieqi now a htrNftK wfuaa on uW land ~nd on ~Q ~qvipn~l and p~soMlh? oowr~d bY Mb ~p'
y~. wi~h ~0 premium~ thu~on p~~d in fvll, fin i~uanu in tM uwal ~tuda.d polkl? fam. in • win ~pprowd b~l 1M MOkiGAGEE. ~nd winduo~m
insw~na in tM uw~l ~t+nd+rd pdicl? fam, in a wm approv+d br tlw MORTGAGFE. M~ wch tanP+^p or ca~P+nMs N ih~ MO~TGAGEE nMY
direN~ .nd ~II fin and wi~dtann ins~xa~a polic~e~ on an~r of wW b~iWw+pt„ a~y M?ta«t tMnfn a put thKwf, M th~ +pprp+t~ wn~ ~faraatd a
in ~xap tM.wf. ~MII oontaN+ tM ww1 st~ndard matg+pN cla~a~ a wd~ al+~r dauM as, tM Morq~ m+Y nquin. n~kMq ~~S M'd P°w'
ci~~, tath and wKy. WY+b~.1o wid MORTGAGEE a its interat nMy ~ar. snd Nch ~+d wKy such Policl? ~11 b~ promptb ~+pmd a~d d~liv~nd to
~ny MW by sald MORiGAGEE ~s funMr secwity ~o aW mor~ya~ dsbt. u~d. no~ la~ ~Mn t~n (10) day~ in sdv~e?a~ of th~ ~xpiratian oi Ncl+ Polkl?. to df
t~~er ro wid MORTGAGEE • ~~w~l thstwf, to~~hK wirh ~ tece~pt iw the pr~miwn of wch ~en~w~l= aod tl~ shaii b~ +w fw~ ar wi+?~torm Er~warres
placed on any of aid buiidieps. ~ny iotaat ther~in or put thtnof, uniess in tl» form uid with tM bss payabM a~ ~fa~~+idt ~~+d M+ tiw ~wM a^1? M+~^
of nwe»y b~cornN p~yaW~ urwl~r wd? polM? w polici~s s~id MORTGAGEE aMil h~w 1h~ option to naiw and apply th~ wot on ~cco~nt oi th~ ind~bt~
neu wcw~d Iwr~r a a pKmit wid MOItTGAGORS w naiw N+d us~ k a+ny part the~eof for otha putpotp. without th~r~by w~ivinp o? i~np+k-
in9 any pvity, li~n or ripht w~det o~ by virtw of ihis mort~ap~j and in tM ~vsnt said MORTGAGORS ~MII for any n+son f~il to k~ep tM wid prani~a w
insured. or f~il w delivK -•°s•-•••~° ~•u •+•~~rrM +a e~y tuUY +~Y P~«^iwn tMrlfa a in any
promptly ~ny of sawi poiKws oi Mu+ranc~ ~o s.iu n:..:,.,,........ .
reipect fail b p~rform, dixharp~. ~xscut~, eff~ct. complet~, canply wirh ud abids by thi~ aowM~t, or ~+~Y p++t Mrwf. s+~d MORTGAGEE nnay p~+a a+d
paY fo~ wd~ inw.anc~ or ~ny pirl thsnof witiwvt waiviop w ~ff~ttinp ~nr option, lien, puib. or ?ipM w+dK a by viHw of tAit Motpp~. and tM
f~n +mow+~ of .ad~ .nd ewry wd+ p+ymea~ sh+11 b. imn.d~a~.y dw and p.rabN «+d sh+tl ba~ i~»r.st from tM dah ~wf uoril p,id n N+. nf~ of
nine pK cantum per anrwm and topetl+K with wth interest sh+li b~ Htvrod by fh~ li~n of tl~ morty~pw
1, To p~tmit, oomn?it or suffK no wast~. impakment or d~terior~tion of ssid prop~rty a any put thenof.
S. To pay all ~nd ~inpulM th~ coats. charp~s snd exp~nse~„ incivdinp ~ rwson+bl~ ~tlorney's fN w~d aoqa of abthacts of titt~. k~cun~d a p~id N
any tims bp wid MORTGAGEE, b~caus~ w tn tM ~wnt of tM i~ilun on tM pat of th~ wid MORTGAGOR 1o duhr. pranPtN ~~H P~~ ~
executs, eff~d. oompkt~. tomply with and ab~de by ~~d+ +nd ~vary tM stipul~tiora~, aprsemenn. oonditiont. and oownaen of uid praniswry nob +nd thi~ ~
mo.r9+p~ +^Y or eitha. ar?d s+id cosn„ chu~s ~nd expen~cs. ~ad? ~nd ~wry. sh~ll b~ ia~n?~diat~y dw and p+yabNr wMtMr w ~of tMf~ b~ notia d~
msnd. attempt to tollett w wit p~ndirgj and tM full amow?t of Nch u~d ev~ry wch p~ym~et sh~ll b~sr intKyt frpn tIN dat~ tMr~of wMll p~W N tM
rare of rww p~? centvm p~r amxan; and all wid cosn, cFw~es aed expNnts 6Kwnd or p+id, ~op~tMr with svth Manst. aMll b~ s~wt~d by tln liw? of thM
mort9~p~.
6. That (a) in the w~r?t of any bresch of this Morfy+p~ or d~fa~lt on th~ part of tM MORTGAGOR, or (b) h t!N w~nf a~y o~ wW xreru of nwMy
herein refarred to be not promptly and fully paid within thirty (30) d~ys next sha 1M swoe sevaally b~tam dw and p~Y~M~, witho~l d~^w^d or ^°~ia~
or (c) in t!w ~wnt e~d~ and evKy the sfipulalions, ~gre~ments, conditions u?d cown~na of Mid p~On?1ffOry /Wff Mld 1I1i~ I~W~fOip~ M1~ a NthM ~tf
iuly, praeptly aed f~lly p~rformad, distMr9ed. exetvted. ~ffetted. compl~ted, oompli~d with ~nd abid~d ry. N~a~ In ~itAM o/ arw svch ~vMt tM s~W aP
gregate wm mer?tiw+ed i~ ssid promissory note fhen remsininp ~npaid, with inmest att?uad, and all nwneys sKUr~d.l~u~bY. ~hal) MowM dw aed p~1h
able forthwitl~, Of iFNfNffN. ~t the option of said MORTGAGEE, as fully ~nd compl~tely u if all of tM wid ain~s of morny wtn o~iptn~llp atipvlated
to be pa~d on such d~y. anythirg in sa+d promissory note or in this Nla~y~pe w th~ contrary notwitMundirq~ ~nd tMnvpa~ w Nrn+itw N 1h~ oPtaa of
seld N10RTGAGEE, witlwvt noticr w demand, suit at law w in puity, tIllflFOf~ 01 1AMHNN b~p~n~, ~r b~ prosiwt~d as If all nwmyf s~twd hK~b~r
hatl maturtd priot to ib insfitution.
7. TMt in ths ~vent ~h~t at the be9i~u+inp of or ~t any tims p~nd'irq uiy wit upon this Morp+ye, a~0 londoN h, or to hform h, a fo ~nfora~
payment of any diuro haeunder. aid MORTGAGEE shsll apply to the Cowt hsvinp jwitdiction tMno1 fw tM appointm~nt of a R~a1wt. wth Co~M shall
Forrhwith appoinf s reoenw of s+i~! maTpaged property all u~d sirgulu, (ncl~rJirg +tl ud sirgul~r iF+~ inoom~ p?ofi», (sfw~ +^d f~wnvM from wM~vN
seurce derived. esch and every o~ whith, it beirg tzpressly ur?derttood. is F+sroby mwt9~yed as if spKifitatly ~M fotM and dMtrib~d in thi Or~ntinp u~d
habendum davses heroof, ~nd wch Receiwr shall have all the broad and eNecNw functions and powen in anywit~ amrwt~d by ~ Court p~ R~ealva, u~d
such appointment tl+all be m~de by wth Court as an admined equity ~nd ~ mattar of ibsolut~ rigAt to wid MORTCsAGEE, and witlw~l nf~nno~ lo th~
edequscy w in~dequ+cy of the wtve of the prope.ty mat9yed or to the wh~tncY or inso~~~ncY of wid MORTCsAGOR or 1h~ d~f~nd~nta, and that wch
rer+fs, profits, incane, i:sves and reve~ues sMll b~ spplied by such R~o~ivar xoordinp to th~ li~n or puity of wid MORTGAGEE and th~ practia of wch
Court.
8. To duly. promptly snd fully perform, dischary~, execute, eff~tt, tompkte, oomply with ~nd abid~ by Ntb ~nd w~y tM sfipul~tlom„ prMn~n1M
conditwns and covenants i~ said promhswy nots u~d this mortgspe set fwth. " • ~
9. ihat in the event the oweership of the mortgsped premiies. a ariy part tFKreof, beaom~s vwid in ~ pKSOn otMr th~n fhe MORTGAGOR, tl+~
htORTGAGEE, in svcceuon +nd auigrn, may, withow ~otice to the MORTCsAOR, ded with ~uch sucu~sor or «+a~aor h im~r~st with nferMa ro thia
mortgagO ind th! dlbl hereby secured in tM s~me manner as with Mwtgagw without in anr way vitiatinp a d'ncMr9inp th~ Mort9apws' U~b~lity I»~
under or vpon the debt hereby secured. No sale of the premises hcreby mortysyed ~nd no forb~srano~ on t1» p+q of th~ MORTGAGEE o? 11~ woaswrs
or essgns snd no extension of the time for tF~e payment of the debt Ixreby secwed ~~wn by tlr MORTGAGEE w iri wcoason or auipes. ah~ll oqrat~
to release, disch~r~e, modify change w sffect the wiginal li~bility of the MORTGAGOR Mrtin, titha in whole or in put.
10. It Is specifically agreed tMt time is of the essence of tha contrstl and that no w~iva of ~ny oblip~tion Mnu~r a of tht oblip~tion N-
a,red hereby shall at any time thereafter be held w be a waiver of the terms henof a of ths irotrument Mcund h~rby.
11. In addition to the fwego:ng monthlY paYments of princ:p~l and intaest requi~ed by the promikpry not~ s~tur~d hereby, morfp~or aor~Mnb
and agrees to pay to mortgagce with each monthly payment an additwnal sum estim~ted by mortyayte to be eqwl t0 1~12 d 1Fw ~tiw~l coat of the fdlow-
ing:
A-All real prope?ty tsxes kvied w sssessed againat the ~bove dewibed real est~te. -
B-Premiums on fire and windstorm insurance as herein reqv~red to be urried on the imptovMn~n» sitwt~ on tFN ~bw~ dlwibtd pnrtaNS.
C-Premiums on such mortgsge guaranty inswance as mortgagee shsll from time to time tkan fit to prry on th~ lo~n Ntur~d Mr~by.
Matgagee shall from time to tlme no~ify mortgagor in writ7rg of the +mo~nt due and payable Mrwnder and such sum ahall tMrwpon b~ dw and
Fayablc on the due date of the next monthly payment and each successive month thereahst u~til morl9ape~ thall nofify morfgapo? of ~ chanpe tn wch
arnount. Such sums shall be applied by mortgsgee toward the paymeM of real prop~rty t~xes, infw~nt~ prem+wnt. ~nd morfp+p~ pwranh i~w~~nu
premiums.
IN WITNE55 WHEREOF, the said MORTGAGOR hss hereunto set his hsnd snd se+~ th~ d~y aid YMr Mt afp~Nid.
. t=i$ip liver m .,~esence of:
~ ~ n
cv~ n
~q f
STATE OF FLORIDA ~
St. Lucis u
couytY oF _
Befwe me p~rson+ll appeared ~1'eelA8T1 ~''i8P3/ - ~
~Illdred Smith Eapy wi{~, „,n. ,,,,.u kn,we, ,ne lu,ow~+„ n„ to b.
tne individuab destribed in and who ~xecuted the fore~oirg insttument, arw! admo~wladp~d befor~ m~ that tlNy ~x~cvted tM ssrn~ fot th~ pwpo~as
therein .~~a. a~a rr» Mildred Smith ~aRv
wife of ri,. ~.~a Freeman Es~,v - , ~ . .~+a ~?+a
exarr,~nstan by me takcn separate snd apsrt from her aid husband, ~duiowkdped ro and b~fon m~ that sh~ exewted s~id irotrumem h~elp and voluo-
rar~ty and wHhout a~ry cornpubioi+, constraint, apprehans7on, w~ear of or ~ ha aid Mnb~nd.,6 t.eD1bA /1. D. 19 bb
WITNE55 my hand and official seal thi~ ~O? dsy
r • . Not~ry Publk in ~nd for ths Sq» of Fbrida at lup~
My comm~..an .~pir.u
Ret~rn Ta. . p~ AND RE ~1? ~K. State J( Flor;c': :1 '-arye
First F~r~l Savin~s d~ loan /lssociaYwn ~ ~ ~r ~om~s;a, Exp;res Nc,,. 3 i969
Of fort Pierce. L~CIE COUI~~. ~„e~e ~r ~~n a c.~.~rr c.~.
P;~,~, f,,,;~, RE ORD VERIFI~O " .
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. '66 SEP 2 2 PN 3 : 4, . • : • ~ ° -
148635 ~ . _
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ROGER P0ITRAS , ~
CLERK 6~RCUtT COURT ` . ~ - `
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