HomeMy WebLinkAbout1633 S. To plaa ~nd conti~uovsly keap o~ tM buildinps now a I+H~ahK siwa~ o~ said land snd on ~11 p~ipn~M w~d PMfo~alh aovK~d bY ~^~~P
~ga witb dl pr~w~a ~hKwn pa~d in fvll, fin ie~w~nc~ in tM usual standard policy 1orn~ i~ ~+um +PProwd b1? th~ MORTGAGEE, and wind~tarm _
~nsur~ in tM uswl uand~~d policy (arn. in a swn approv~d by tM MORTG~?GEE. in wd~ coMP+^Y a~^P+^~~ a th~ lNOR?CsARiEE a++r
3iract~ ~nd ~II fin u+d wie~arm ie?iur~nc~ policies on ~ny of s~id buildinp~„ any intK~at tMr~in a p+rt therwf. In ti+~ p~npaa w~ ~faa+id a
fn ~apa tl+enof. ~hall ca+tain tM wwl sbndud mor~9a~ ciaus~ o~ auch al~ d+uN as 1M Mort~+pe~ m+y ~pv~n. m+l~?p tM las u+'d~ ~+'d P~
cies, eath ~nd ~vsry. p~Yabl~ w said 1NORTGAGEE +s in intersst en~y app~a?. ~nd tscs s.~ zcs:ii s:.~4 Fo~ih? ~h+ll b~ p~anptly aauyned ~nd d~liwr~d M
•ny Mld by ~aid MORTGAGEE ~s funhsr security to said mor~p+y~ d~b~, and, nW tess tMn tM (10) days te +dv+~a of th~ ~xpU~tion of ~ach po~icY. ro dr
I~ver to s~id MORTGAGEE a r~new~l tl?~r~of, top~~hK wi~h a rateipf fW ihe pr~mium of wth rlntwal7 u~d tMn ~hall M ~o fk~ w winditaen ieywu~
pl~ted on ~ny of said buiMiegs, aey ietaest tl?Kein w put th~.eof, unleu in tM form and with th~ los~ pay~bb ~s afoniaWi and in tM ~wM ~ny wm
ef ,na~y becornM p~yabl~ ue~ wch poliey or polici~s s+id MORTGAGEE sh+ll Mw tIK option to na~iw and ~pply tM sarn~ on aceo~nt of tM indsbttd-
neu wcwed Mr~by or ~o Permit s+~d MORTGAGORS ro r~oeiw a+d uN M a any part th~reof fw othe? pwposM. wi~hout ~ha•by waiviop or imp~'a-
ing anr pvity, lien or ri9ht voder a by virtw of thii mortp~e; and in tM ~vent aid MORTGAGORS sA+U fa any n+an fail to ke~p tIN aid p~?iws w
tnsu~ed, or fail w d~liva prompHy ~ny of said policies of i~swuKe ro said MORTGAGEE, or f~~~ Pron+pty ro pay fu~y ~ny pr~mivrn tha~fo? w in ~^y
.espect fail ro pKtwen, d~scharye. e:~cut~. effecf, compl~t~. comply with u?d abid~ by M~is a~v~n+M, a'~r prt herwf, aid MORTGAGEE nwy plac~ ~nd
par for wd~ inwrana w any put tMreof wnhout wa'ninp w affectinp any option, Ihn, puity, a ripM u~~ a by vlrtw of this Matp+p~. +nd th~ ~
full amo~ot of tach u~d way such p+ymam sh+ll be im•raediately dw s~d py~bb and sl+sll bNr inMrat fran th~ dat~ thKwf unlil p~td tl th~ rm o1
n~ne per wntum pa anrwm ar?d to9ethet with wch interest sh+ll be secvred by tM li~n of this mo~rtQ~p~.
4. To permit, cannut or suffer ra waste, imp+irment or deteria+tion of said prop~rtp w am parl tMnof.
S. To pay ~II and sirg~ta~ tM cwts. ~hupes u~d e:pemes, inckrdiig a na~on~bl~ ~»orn~~/s fN and ooah of sMtracn of titl~ MKwrad or p~id N
eny t~ms by iaid 1NORTGAGEE, bscause w in the went of ths hilw~ on th~ p~rt of th~ uid MORTGAGOR 1o duN. P~+P~N +^d fi+~~Y P~aT. d'~R
exec~t~, effed. comple% comply w~th and ~b~de by each and every ths stipul~~ion~ ayra~menn, cooditioos, uid cersasr?e~ of said p~omiswry ~wt~ u~d th4
mwty~pe any ot ei~he?. and sa~d costs, cMrq~s a~+d expen:es, exh ud every. ~MII b~ 4nrewdiat~ly due u~d psyabbt wMtMr w not tlwr~ b~ notia d?
mand, ~ttempt to colkcr or wit pendlnp; and tM full srnovot of e~ch ~nd ev~ry wch p~yment thall beu int~st fran tM d+» tMnof uetil pald ~t 1M
ra~e oi nine per cei+tum per uMwm; u~d ~II said costs, cl~rg~s and exp~nses incwnd or paid, togtthet with suth h»rMt. ~11 b~ s~tvnd by tlw li~n of
mat9+p~.
b. That (a) in the event of ~ny brcach of this Mortyaye a d~f~ult on tM p~rt of tta NIORTGAGOR, or (b) ln tM ~wm ~M? of s~id twey of nwmy
herein refa~red to be not promptly and fully psid wi~hio thirty (30) days next ~her 1M sanw aever~lly b~tom~ dw ~nd payabb. wlth0ut d~m~nd o~ eotiq.
or (c) in ths ~vent each snd every the stipulaY~or?s, sgreements, corKlitiw~s and cov~n~~b of sa~d pro~niuory not~ ~nd tAis mo~tp+p~ ~eqr a~itlw~ ~n no1
iuly, pomptly and fully perfo~med. d~acMrged. execvted, ~flected, compttted. tompliwd with ~nd abkled dy. MMn M eitha or any wth ~wnt fM wid p~
gregatt sum mentioned in said promissory note then remaininp unpaid, with interat ~tuued, and all mawy~ Mtvnd. Mrtby. shall 6amm~ dw and p~y~
abte forthwitly w thereafter, at rhe option oi said MORTGAGEE, as tully ~nd ton~ettly as if all of tM t~k! tunn of monty vwn orqlndlp ~tip~i~t~d
ro be paid on such day. anythir+y in said pranwsory nore or in this Mwtyape to th~ tontruy notwitMt~nd'uqt and tMrwpon a thtr~ah~r tl tM optwn of
taid MORTGAGEE, without notic~ o? dem+nd, tuit at law w in puity, tF~erefon or tMrsaftK b~yun, nwr M proMtvl~d N if d~ mwNY~ NCUnd lNr~bY
had maturod prior to in institution.
7. That in tM evcnt thst at the beginniny of w~t any tims pendinp any wit ~pon this Mort9ap~, w to ~w~cloN M, or to nfonn k, o? to ~nforq
payment of any ds'uns he+eunder, s+id MORTGAGEE sh+U ~pply ro the Court !?~virg jvrisdicGoo ther~of for tM ~ppointm~nt of a R~ceiwr, wch Cowt shall
ferthwifh sppoint s receiver of sa'~1 mortgaged property all ~nd iu+pulu, includ~rg all and s'ugulu tM &rcan~, pofit~ isawa Md nwnw~ frpn wMt~wr
wurce derived, each and every o# whKh, it being ~xpreuly underitood. n hereby mo.~paged as if sFscitiully at forth ~nd d~wib~d M? thi 9r~r?tirp and
habend~m dauses hereof. illd 1YCI1 RKl1Vff SIHII INV! ~II the brwd and effective fonct~ ~+d pow~ra (n anywit~ ~nnust~d by ~ Cow~ fQ • R~ulwr. and
wch appointment shall be made by such Cou.t as an admitted eq~ity snd ~ matter of ~bsoluN ti~ht w aid MORTGACsEE, and without nf~t~na W th~ j
adequscy w in~dequacy of the wlue of the prope~ry mwtgs9ed or ro the soNency o? insoivency of s~id MORTGAGOR a 1M d~f~ndant~, snd thaf Wch ~
re~n. profib. income, iu~es and revenues shall be applied by such R~ceive~ +ccwdinp to tM lien or puHy of ~aid MORtGAGEE ~nd th~ practia of wch 4
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:.aurt. 4 .
8. To duly, promptly snd fully perform. dischsrge, execute, effect. eomplete, complY with and abid~ by Md~ and w~ry fh~ ~tipulatioea, aprNnwnts, ~
conditions and covenanq in said promiuwy note ar+d this mortgsge ~et fwth. ' •
9. TMt in the event the ownenhip of the mortgs~ed premises, a ariy put thereof, beoornN wstd in • pKwn otMr th~n th~ MOR?GAGOR, tM
MORTGAGEE, its auccessors and ~uigns, msy, without notice to ~he MORTGAOR, deal with such wasuw or ruoastor in iM~+a1 with r~ferMU fo this
mortg~Qs snd the dcbt hereby secured in the same manner as with Nbrtgapw without in any way vititlinp or di~ch~rpinp th~ Mortqpon' li~bility I»r?
under w upon the debt hereby secured- No sale of the Fremises hereby mortgaged and oo forbearano~ on tM part of th~ MORTGAGEE or iM woasson
or asigni and no exte~sion of the time fa the payment of the debt hereby secwed piwn by the MORTGAGEE w its succestors ot wlpM, sh+ll op~r~t~ ~
ro release, discharge, modify cFiarge or aifea ths original liabiliry of the MORiGAGOR hertin, either in whob w&~ part.
10. It is specifically agreed that time is of the eucnce of this contr~ct ~nd that no w~iwr of any oblipation htreunde? or of th~ oblipatioe N~
cured hereby sMll at any time tF~ere~fter be heW to be a waiver of the terms hereof or of the kntrwnsnt Ncw~d Mrby.
11. In add~tro~ to the fwego:ng monthly payments of princ'pal and inte~est required by ths promistory not~ ~ecured hereby, morfpi~ aown~nt~
and agrees to pay to mortgagce with each monthly payment an add~tional sum estim~ted by morfga~e to b~ eqwl f0 1/12 of ths ~nnual tast of fh~ fOllow-
ing:
A-All real property taxes (evied or assessed against the above described resl estafe.
B-Premiums on firo and windstorm inwrance as hcrein requ:red to be urried on the improvem~nb inwt~ on tM ~bow d~wibed pnenisa.
C-Premiums on such mortgage gwranty insurarKe as mortgsgee shsll from t~me to time deem fit to cmy on tM bsn set~r~d I+~r~by.
Mwtgagee shall from t~me to time notify margagor in writ~ng of the amount due and pay+bk hereundet and wch sum shall tMrwpon b~ dw and
payable on the due date of the ne:t montMy payment and exh successive maUh theteaNer uNil mo~fyayee thsll eo/ify morfgagot of a tharp! In such
amo~nt. Such sums shall bc applied by mwtgagee toward the payment of real property taxes, intwance prem_srF!f: snd mort~pe 4wranty tnwru~u
premiums.
IN WITNESS EREOF, ihe s+id MORTGAGOR has hereunfo set his hsnd u+d seal the day u~d ysu fint ~for~wid.
. Sipned, Seal nd M ed in t sepce of: Q~ ~
_ L~,i.n li»/ _ ~ re..!~ t
Q ~
~YJt,C.Q.1 G~s~t.c~- ~u~
~--n
STATE OF FLORIDA ~ I
courm oF . St ~ T.~ ~ i e ~
Befwe me Penoe+l~y apPeared Th»rA .en T mPQ .nd
A~nAS ~T mes his wHe, ro me we~~ knoMm •nd known w me fo b.
the lndividwb desvibed in and who e:ecuted the fwe9oirg instrument. ~nd scknowled~ed b~fort m~ that th~y ex~cuted th~ sam~ for th~ purposes
therein expressed. Md ths ssid A on a, ~a Ts~ mP a
wife of the said ' upon • iep~?ate and privat~
examinaYwn by me taken sepsrate a spart rom her ss' husband, ackiwwledped to ~r+d befor~ rn~ that shs executed s+id iintrument fre~ly and vol~n~
tarify a~d without ~ny compulsion, constr~int, apprehe n ea feu of or fmm her taid Misband.
WITNESS my h~nd and offici~l seal thi= ~ d~y of A. D. 19_~2_
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Not~ry in and for the Stat~ of Naida ~t luq~ ~
M,, I/-z'-b8
aen,m ro:
Rrst federal Savirgs 8 loan /luociation -i;;RGE
- N~TfiRti" n~':.'!'. ~ . '_:q,,:+i "c.'
Of Fort Pierte. , , _ ~
~ ~8Y CO'::'.::_...::: . 9. 1963
Fort Pierce. Florida n
- ~1. 6.: r~~~~~ IOHDED TFi~tJ~:GN ~FA~D W. DIG57ELMOR9j
S~ LIiC E CdUN'~ g~,;'~~~ u l"
. R VERIFIEi~ = .'t ~
~ ECORD :
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i~~~~7!~i~'~'~/ - ~ ~ o t ~ ~ _ -
'66 SEP 26 PM 3: _ -
3Z < v.~
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148`713 ~ _ _ ~ ~ ~ ~ ~
ROGER POITRA9 . ;,:;D:~R . . - .
CLERK CIRCUIT COURT _ gpp~ ~,~5 ~~1 ~ l
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