HomeMy WebLinkAbout1575 To p4a and continuo~sly kNp on rM buildinps now a MrHfiK sitv+» a+ ~aW I~nd snd on all putpnNnl ~nd pK~onaih oow?~d by tl+h ~nort~
.gs, with all pnmivms thK~on paid in full. fin inswanc~ in 1F~ vwal Nudud policy fornti in ~ twn approv~d by tl» MpRiCsAGEE. and wtnd~lan~
insuranc~ in th~ ~iwt ~tandard poticy fa~n, in • sum ~pprovrd by tM AAORTGIIGEE, in wd~ con~ny a oanp~nia a tM MORTCrAGEE ' nyr
direcrj v~d ~II fk~ and wind~arm inswanc~ policies a+ a~y of ~id bi+ildinps, any intK«t tMnin or put thKwf, in tM pprpat~ ~wn aforti~id or
~n ~xaa tlwnof. aMll oont~in ~M vsual it~ndard ma~ga~e~ clw~ w wd~ af~ daua a tM Mortp~ m~Y n4v~n. makinp th~ !as w~ ~id polE - ~
des, aach ~~d ~wry. paYabb w uid MORTGAGEE a it~ in~ereat m~y apj»a~, and each and ~vay wd? policy sl+all b~ promptiy pi.peNd N+d d~livK~d 10 :
any MW by ~aid MORTGAGEE as furtMr sscu~ity to wid mw~pa9e d~bt, and, rw~ I~ss tMn an p0) d~y~ in advana of tFr ~xpiratiw~ of ~ach poticy, to d~ i
t~var to Nid MORTGAGEE ~ ~Mtwal ih~?sof, topetMr with • ~~teipt fOr fh~ pr~miwn Of Wth tMew~lp ~nd tlw~ ~hall b~ no fu~ a windstam kauru~o~ ±
placed on any of said bvitdinps. ~ny intereit tl+erein w p~rt tMr~of, unteu in ~M form ~nd wi~h tM bss p~y~bl~ as ~fw~said~ ~nd in th~ w~m se?y ~wn
of mo~y b~ca~»s pay~bl~ w+du wch polky or policiss sad MORTGAGEE sMll Mw tl?~ op~ion to nniw ud apply i!» ~arr~ on ~aowN ot ~ ind~br~
ness secweJ ha~by a fo permi~ a~id MpRTGAGORS ro roaiw u+d us~ h or any parl tl~eof fw o~her pwpo~~, without thHeby waiviny a impak-
~^9 +~Y Wvity, lien o~ riphl wwler w by virtv~ of thi~ mort~sge; and ~n ~M ~veet aa;d MpRTGI1GORS shall fa ~r ~MSOn fsit io k..p tM atd pranisq a
~nsured. w iaii M detiva promptly sny of said policies of insv~anc~ to ~aid MORTGJIGEE, w fail promptly lo pay fvlly ~ny pn.nivm th~r~for w in anr
respen f~il a pNfwen, discharye, execvt~, ~ffect, tomplN~, comply with a~d abid~ by this aowMnt, w ~ny put hN~of, wW MORTGAGEE n~sy plaa ~nd
pay fo< <uch inwrance w any p~?t tF~eof without w+ivinp a affedtnp ae~y option, IieA, pviry, or ripM w+dN a by vtrtw of tNs Mort~. ~nd th~
t~U smount of each a,d ~wry such payment shall bt immedistely dw +nd pay~bl~ and sMll b~a? ii?ter~st from th~ dat~ tMreof uotil paid at tM rat~ of S
~~~e per cantvm per anrwm ~nd toyether with such ioterest shall bs iecwed by tM li~n of this matpap~. #
i
1. To ptrmit, cocnmit or suffer ~o wute. 1mp~i~ment or deteriontion of aid pro~»rry or ~ny part tltithof.
5. To pay ~II ~nd sinpul~r t!w cosM, cM?~es ~nd exp~nses, indudirg ~ nasonabl~ ~ttornty'~ ft~ and oats o~ ~bs~aclt of titl~. baimd w p~id al ;
any ti~r.e by said MORTGAGEE, b~causs or in th~ event of tF~e failw~ on th~ p~rt of th~ said MORTGI?GOR to duly, promptly and fully pKforn~ d'atharq~
executs. effect. complets, comply with a~d ~b:de by esch and every tM sY~pvl~Ywna, aprearn~nfs, oonditiona, and oownann of ~a1d promi:tory noM ~nd th~
mortyqe sny w eirF~er. ae~d ~a;d cosy, th+ryes ~nd expenses, each and ~very, shall b~ immediat~ly dw and pay~bl~~ wMtM? w not tMr~ be notio~ dt s
mand, attampt ro colkct or wU pendi~gj and tM full amou~t of ~sch ~~d wuy wch p~ymsnt aMll bear int~t han th~ d~t~ Nwnof w~Hl paid at th~
raie of nin~ per centvm per annum: and all ~id costs. cMrg~s and expenses kKUrr~d w pald, top~lMr wifh ~uth tnqrKt, ~1) b~ Ntwad by 1M INn Of Nw
mortpa~,
6. TMt in tt~e eve~t of any breach of this Mort9ay~ or dafa~lt w? th~ part of ths MORTGAGOR, or (b) i~ tl+~ wrnt any of :z~ surm of n?oMy
herein refenod to be not promptly u~d fully paid withi~ thirty (30j days next •fter the sart~e qveralfy b~tonN dW ~nd piyabb, without d~m~nd o~ notip~,
or (c) in th~ ~wnt each ~nd ewry the stipulations, a9resm~nq, condi~ions ~d coven~nb of sa~d promiswry not~ ~nd th~s nartpap~ any o~ ~MhK u~ no1
iuly. promptlY and fullY perfo.med, discMrged. execured, ~ffec~ed, eompl~ted, compl'rod with aed abided by. 1FMn tn ~itMr w ~ny wd~ twet t!y aid ~
gregata win mentionc~d 1n said pranissay note then remaining unp~id, with iM~re~t attrued, and all morwy~ Ntvrd. hp~by, ah~lt b~opm~ dw u~d p~Y
abte fwthwith. w thsresher, at the oprion of s•id MORTGAGEE, as fully ~nd compl~~ey as if all of tF~ s~id wn~s of moewy vwr~ aiplnNly atip~lated
to be paid e^ such d+y. +nY~hi~g in said promissory note or in rhu Mo~ya9e ro rh. conrrary norwir!»randinQr and fh~r~upp~ a tMrNft~t at ~ oplion of
~eid MORTGAGEE. withow notice w demsnd, suit at law or in equity, therefore or NNrsaftK bp~n, ~nar bt proNwnd ~ if all mawyt Ncw~d h~t~br
nad m~rwed pnor eo in instin,Ha~.
7. TMt io the event that at the beginning of or at ~ny tlm~ pendiny any wit upon tha Morr9ay~, or ro bnelw~ M, o~ fo nfom+ N, a to ~nfo?a ,
payment of any dsims hersunder, said MORTGAGEE shall ~pply to the Co~N 1?~vinp jurisdiction tMnof fw tM ~ppoiMnwnt of ~ R~oeJvN, wd~ Cowt th~ll ~
for~hw:;h ~ppoint s recciver of sai~ mort9sged prop~rty ~II and sugvlar, incl~dmp all snd sinpulu tM inoo~n~, profiq„ istw~ and ttv~nws fran whrbvu
source darived. each and evcry o# wh~ch, it beinp ~xp?essly unders~ood, is hereby mwtg~ged as if ~pscifiully ~et forth and d~wib~d In thi pr~nt and i
habendum davses I+ereof, and wd+ Receiva shall Mve •II the bro~d and effectivs funcGoew and pow~n amrwis~ amrust~d by ~ Cowt tp ~ R~oeiw
. and i
such appointment shall b~ msde by s~xh Court as an ~dmitted equiry and a mrttat of absotutt ripht b uid MORICsAGEE, and without nfN~no~ to fh~ ;
edequacy p inadequ~cy of ths v~lu~ of the propaty morty~yed or to the totv~i+cy w i~solwncy of pid MORTGA('sOR ot tM d~f~ndants, and th~t wch
re~~s, profits, incane. usves and revenves sh~ll be appliad by such Reuive~ aaordinp to tlr lien or puffy of Nid M4RTGAGEE and Nw prstNq of wch i
Court.
S. To duly, promptly and fully perform, dncharge, execute, effect, compkte, comply with and abid~ by ~ad~ ~nd w~ry th~ ~ttpulatioM, aptMn~tN~, ~
condit'aro and wveriana in ssid promisswy note ~nd this mortpsge ~et forih. ' , i
9. Th~t in the ~vent the ownenhip of ths mort9syed Prcmises, a~riy p~rt tF~eof, 6etom~s wshd In f~w~on ofMr NNn iM MARTGIIGOR, tIN
h!ORTGAGEE, Hs avcceuo?s and iuigm, msy, without notice to the MORTGAOR, dtal with wch svtca~or a wopaw in im~rNt with nfer~na to thh
mortgsge ~nd the debt F?ereby secwed in ihe same msnner ~s with Nbrtg~gw witho~t in ~ny way vitiatinp a distFwr9inp th~ Mort~pon' (i~bflity Mr?
under or vpon the debt hereby secured. No sale of the premises hereby mortyaged and no forbe~ranq oe~ th~ p~n of tl+~ MORiGACsEE w iN wotNton
or assig~s a~d no extension of the time for the paymen~ of the debt hereby secured piven by tIK MORTGAGEE w ih tuctsssort p auipM, ~MI) Op~r~f~
ro release. dixM~e, modify change a affect the wiginal liability of tFa MORTCaAGOR hersin, ~ithev in wiwb or M put. ~
10. h is specifically agreed that time is of the esscnce of this cauract ~nd that ra walwr of a~ obllQation I~rwnd~r p of Ny pbli~atfon M.
cured he?eby shs11 at any time thereafter be held to be a waiver of the terms hereof a of the inst?wn~m wcw~d Mrby, ~
11. In addit7on to the forego:ng monthly payments of princ'pal and ime?est required by ihe p?pniswry nple secur~d hereby, mortp~por ~nf~
and agrees to pay to mortgagee with each monthly payrnent an add~~ionsl swn esnma~ed by mort9ayee ro be eqwl a 1/1~ of the annu~l oost of the fdlow- ~
. .
A-All real property taxes kvied w assessed against the above dewibed real estate. ~
B-Premiums o~ fire and windst«m iniurante as herein req~r~red to be carried on the improv~nt~ sitvat~ on the ~bov~ dtwiMd pr~o?1Nt.
C-Premiums or~ such mortgage guaranty insurance as mortgagee sha11 {rom t~me to time deem fif fo urry On fht Ioan ~etu~ad 1yr~by,
Mortgagee shall from time to time nofify mortgayor in writing of the amwint due and pay~ble FNr~undet u~d tuth wm shd) tlNrwpon b~ dw ~nd
Gayable on the due date of ehe next month~y payment and each successive month theresfier until mortqape~ ah~ll nofify mortp~gor of • dynp~ U wch
amount. 5uch sums shalt be appfied by mortgagee toward the oayment of rsa) property ta:es, intwanc~ p?sm;wm, and mortop~ ~wnMp kqu~u~s
remiums. •
1 ITNE55 WHER the said MORTGAGOR has herevnto set his hand ~nd seal th~ day ~nd t afOreNid.
nad, del ed in the presence of:
i
. _ n
• n
~ "'n
- rc..n
~ STATE Of ROQIDA
I~ couNnr oF _ 3t. Lucie
I
j Before me penawlly appeued ~1gAriA Ri n_kers ~ ~
E 5'ADZ'La S $3 nZ~r+?rs his wife, to ms wrotl known and known b rrK to b~
rhe ;nd;viduab desc.ibed in and who executed the foregoiny instru~n~nt, and ~eknowkdped be{on m~ tiwt d~r exea,ted ths aam~ for th~ purpw~s
~ rheroin e:Pressed. ~?r~d the s+~ SOph~B 3. Bi ekers
~~r~ of *M „id - Eu ene Bicke s - r,,~,~~,~.~,~,~» `
ex~minsYwn by me taken separate ~nd apart from her iaid husb~nd. +duqwled~ed to ~r~d bafore rn~ that sh~ sxecuted said•M~tlvju~eh~,{`tit(#r`,~t{61plvn.
rarily and witbout ~ny compulsion, corolraint, a e ~ r•• , ,
' ppr ion, a fesr of or from her Mid Iwsb~nd. ``a .
~ WITNESS my I~snd snd officisl seal thi ~ day of A:.0. ~Ib~~
~ i •~J
W ~ + v, "
I ' ' ' ••+~i _ .
' • ary Publk in and fw thi Slil~ ot Horidt7l' C'ar~i -
Retum Ta. • • Y Comnas+on ~upirps . ~ - , t ll : ~ . t
Fint feder~l Savings 3 Loan /~sociation , =
• v
flLED AND RE RO~D ;
Of Fort P~erce.
~?r P~~, Fiorids ST, I.UCIE COUN ~p~y pugtlC, 3`TATG~ ~~1,et IA~iE''` '
RECORO VERIFIED ~ ~~~~~~oN ~,~,~„~,~,1~
`
~ '66 SEP 23 PN 2: Sq '
1'i~~~~ ' i
ROGER POITRAS '
CI.ERK CIRCUIT COURT
ooK~55 3
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<r ~ r~. e , - - - - - _
4K , .,~`~~A"r~*r~~n ,~'~5..w,;° r{ < ;
v~ ' P ' fl~ ~ ~ ~ "4 :y~
~II w.~ii .