HomeMy WebLinkAbout1744 To plaoe and continuously keep on th~ bui:dinp~ now a M~eahK sit~~M on iaid I~nd ~+d on ~II equipm~nt ~nd ptnonally oow~~d by this matp~
sge, with ~11 pr~miwm thNea~ pa~d in full, lir~ insur~nce in ~M ~iw{ iundard policy fonn, in • tum app~owd by tM MORiGAGEE, and wir~tan~
~nsur~np in tM uswl uanda.d pol~q fam, in a ium ~pprov~d by tM MORTGAGEE, in s~ch comp~ny or toenPu?i~t a ~M MORTGAGEE m+y (
d~renj ~nd ~II fin u~d windsro.m ir?su.anc~ p~.IKKS on ~ny of ssid build~nps„ a~y inMrpt tFwrein ot psrt IMr~of, in ~M ~pprepat~ wm ~foraaW a ~
~n ~xaeu ~ha~of, tA+ll contain tlw viwl st~ndud morrgagN clauw w i~ch wF~n daus~ ~i tM JNortya~e~ may ~puu~. rtwkinp IM lots wwla s+~d PdF
c;es, c~ch and ~vNy. paYabh w sa~d MORTGAGEE as ~n interest m~y appear, and eacA and ~wry such policy •Mi1 b. pranp~iy .•s:9~+~d +~+d d•~ivK.d ro
eny Mld by ~aid NWRiGAGEE as fv?ther seturity to said mwtgag~ deb/, ~nd, ~ot less tha~ t~n (10) d+YS in ~dvanc~ of tM ~xpir~tan of ~ach policy. to dr
I~ver ro t~id MORTGAGEE • rtnewal thereof, Io9ttMr with • receipl fw the premivm of svth renewal~ ~nd rMr~ shall b~ no fir~ a wind~tam insvranu
placcd on any of said buildings. any intcrest therein w put fhereof. ve+leu in tFw fo~m and with ~M loss p+yabl~ as ~ionsaid: +~d ~ tM ~vent any wm
of mw?~y becornp pa~aWe ~nda~ wch policy a polK~es said MORTGAGEE ihall haw tM option to rec~ive and ~pply tM sun~ on accovn~ of tM ind~bt~
nass iecwed 1wr~by o~ ~o permit s~id MORTGAGORS to reteive u+d uN h p any part thereof fw o1he~ p~irp3te~ -withou~-th~reb~ waivi~y or ~mpaia
~~9 any p~ity, lien w ri9ht unde~ or by virtw of this mortpage; and in ~M ~van~ said MORTGAGORS sha~1 Fo? ~y r~ason tail fo k~p tM ~+id p~~m~ses a
inwred, o~ f~il 1o delivm promptly +ny of ~aid polKiei of iniuranc~ to said MORTCaAGEE, or fail promptly ro p+y fully ~ny pr~mivm tF+a~fw w i~ ~ny ~
respect i~i! ro pertam. d~scharge, execvte, effect, canplete, comply with and ~bids by this oownant, a any part herwf, said MORTGAGEE enay plaa u+d ~
pay for such irou~ance w+oy p+rt tF~ereof w~thout waiviny w affactinp ~ny op~ion, li~e, puiry. or ripM undN a by virtw of this Matpa~e. ~nd tM j
fu~l amount of sach u+d ~very iucA payme~t shall be immediately dw and psy+bt~ and sMll bt~r intaest f~om tM dat~ tMreof until p~id ~t th~ ~ab of
nint per centum pa ar.rwm and to~ethe~ wi~h such intereat shatl b~ secvred by tM lien of M~is mortyay~.
1. To permit, commit or sui(er no waste, impairmcnt w deterioution of said properry or ~ny p~h tMrwf.
S. To p~y all ~nd singvls? ths costs, charges a~d expe~+seti incl~dinp • r~aaon~ble ~ttornsy i fN and cosri of absh~cri of titl~, incwnd w paid N ~
any tirM by wid MORTGAGEE, because a in the event of Ihe failure on 1he pa?t of the iaid MORiGAGOR to duly, promptly and tvlly pKform, di~ch~rp~, ~
execure, effed, complet~, comply wi~h and ab;de by each ~nd every the itipvlations, ~greements, tonditioiu, ~nd towr?~nt~ of said potnlswry nof~ and thiu ~
mortgags ~ny or e~rha. and said costs, charges +nd expenses, cach snd every, sh~ll b~ immed~atdy dw and p~yabl~~ wMtMr a not tha~ b~ notke d~ 1
~„and, attempt to collect or wit pend~~gs a~d the tull ~moum of e~ch snd ~vMr si?ch payment shall b~a. intKpt fron? tM date tMnof u~Nl pild at tM ~
rare of nine pe~ centum pcr am~um; and all said costs, chsrges and expenses incurr~d or paid, tog~tMr with suth tnt~tNf. sMll b~ sKU~~d by tM IiM Of thN i
mortg~f. '
f ~ ~
6. iMt (a) in the event of a~y breach of this Mwtgs~ w dafsul~ on the ps?t of fhe AhORTGAGOR, o? (b) in tM ~wnt ~nY of aid ~wru of mon~y
here~n referred to be no~ pra++p~ly and fu11y paid wi~hi~ thirty (30) days next afte: the ssme severally beca+w dw ~nd pay~bt~, wi~ho~r~ d~m+e+d or notia,
or (c) in the eve~t each aod every the stipulations, agreemtnts, conditions and coven+nri of sa~d pranissory not~ and this mortpay~ any w Ntha ~n nol ~
iu!y, promptty ~nd fully perfamed. d~xharged. executed, eitected, compkted, complied wifh and ~Dwed dy, tMn in ~ithu a ~MI such ~vMt tM a~id ~
gregate sum mentioned in said promiswry•note then remaininp unpaid, with interesl scuued. ~nd all mon~ys sKVnd.he~~by. sMll b~OO~M dw aMl p~y~
able forthwith, w thtreafter, ~t the option of said MORTGAGEE, ~s fully and tompletely aa If all of tM said su~ of morny w~n wqindly ttiput~ttd
to be paid on s~ch day, anythirg in said promi:sory note w in this Mortysye to the cohtr~ry notwithitandir?q; and tlwrwpon or thK~affN at th~ option of
se~d MORTGAGEE, without norice or demand, suit at law w i~ eq~ity, thlffFO?! O? tMfNf1N bpuA, mar M prw~eul~d as if all n~ontys MCUnd Mnby
nad matured p~~w to ~tt institution.
7, iMt in ths event that at the beginnirg of or ~t any time pending sny suif upon tha Mortyap~, or fo foncloN h, o~ fo nform tf, or fo ~nfwc~
paymtnt of any da~ms Aereunde., aaid MQRTGAGEE shall apply ro the Court having jurisdittan thtrwi fw tM ~ppoiotirNnt of ~ R~ctivtr, wch CouN sMll
fo~~hwirh i~0i11t i fKtivN OF tai~ mortgaged propeny all and singular, includ~rg all snd iu+gulsr tM incan~, profita, iuw~ ~~d rewnws from ve`.~esv~r ~
s~~,~ce derived, each and every of whKh, it being expressly unders~ood, is hereby mortgaged a~ if apa7ticdly ~t faih ~nd~lewib~d M thi prantiap and
hjbendum clauses hereof, ~nd uxh Rcceiver shall have all the broad and effective funct~ons and powtn in ~nywip entruit~d by ~ Courf fp ~ R~utv~r, a~d ~
e:,ch appoinrment sha11 be made by wch Cou~t ai an admittrd equity and a matte~ of absolut~ rqht fo s~id MORTGAGEE, ~nd withouf nf~nrK~ lo tM s
adeq~acy w inadequacy of ~he value of the {xoperty mortgsged w to the sotvency w insolvency of ~aid MORTGAGOR or th~ def~ndanf~, ~nd that suth !
;e~r:, profin, income, issues and revenues shall be applied by such Receivn accord~np to th~ lien w equity of uid MORTGAGEE and tM pr~ctia of such
Court.
8. To dvly, promptly and fully pe~form, dixharge, execute, effect, complete, comply witfi ~nd ab'~ by ~sch and w~ry tM stlpubtions, aprNnwnb,
cond~tions ~nd wvenants in wid promissory note and this mwtgage set forth. '
9. That in the event the ownership of the mortgaged premius, a uiy part thereof, becanes wst~d in • pKton other tMn th~ MORTGAGOR, fM
h',ORTGAGEE, in wccessors snd assgns, msy, without notice to the MORTGAOR, deal wi~h such sututwt a~stw in inter~tl with r~f~nnc~ ro thu
m.ortgage and the debt hereby secured in the same manner as with Mortgago~ without in ~ey w~y viti~finp o~ d'ntMryinp tM Mat9apw~' Ibbflity h~rt
~~der w upon the debt 1~ereby secured. No saFe of the premises hercby mwtgsged and no fw!»~r~na on th~ part of th~ MORTGAGEE w in tuati~ors
or assigns and no extension of the time for the payment of the debt hereby secu~ed yivan by the MORTGAGEE w it~ t~cttsson a attipM, ah~ll OpNaq
>o release, distharge, modify change o? affect the wig~nal liab~lity of the MORTGAGOR her~in, tither in whol~~ or in put. f
10. It is spec~fically ag.eed ~hat time is of the csscnce of this contr~ct and that no w~iver of sny obl~p.r'an haeunder w of tM oblip~tion a- ,
cured Fxreby shall at any time thereafter be held to be a waiver of the terms hereof a of the iratrument s~tw~d F~erby. ~
11. In add~tion to the fwego:rx~ monthly paymems of princ"pal and interest requ~red by the p?omisawy nole secured hereby, mortp~gor tovMa~f~ ~
and agrees to pay to mortgagee with each monthty payrnent an addirionsl sum est~mated by mortgsgee to bt equ~l to 1/12 of the ~nnua) twt of th~ follow-
~n~:
A-All real property ta:es lev~ed w assessed agai~st the above deuribed reat estate. ~
B-Premi~ms on iire and windstorm insurance as here~n ~equ~red to be carried on the improvemenls situat~ on tM abovs dew~b~d pnmisa. ~
C-Premiums on suth mwtgage 9uaranty insurance as mortgagee shsll from teme to time deem fit to carry On th~ (osn ~eCUr~d htreby. i
I~ Mor~gagee shall from time to time no~ify mwtgago~ in writing of the amouM due and paysbk hereueder ~nd such sum iMll tMrwpon b~ due ~nd '
c~yable on the due date of the next monthly paymem and each successive month thereafter unti~ morfyapee ahall notify mortgagor of ~ thsnp~ in tuch ~
~ a~,ount. Such sums shall be applied by mortgagee toward the payment of real proptrty taxes, inaurancs prem~umi, and morty~y~ ~uarMty inwnact
f o~emi~ms.
I IN WITNE55 EREOF, the ss~d MORTGAGOR haa hereunto set his hand and se~l the day ~nd yN~ f afor~ssid. ~
5" ned, Se~ s er pr~xnce of: ~
i13~~~ i
~
~ ~
STATE OF FLORIDA ~
55.
cou~r,r oF st.~ucie
Before me penonally appeared HA2~~*f_ L~.~ Re~el l ~
Ill AIIA BAiAll ha wife, to me well known and k~own fo me to M ~
rhe individuals described in and who executed the foregoing instr~ment, and edcnowledped before ms that ther exea?ted the same for tl+s pwposes
therein expressed. And the said Il 7 wl'?w RA2A7 1 ~
r.,re of rhe sad ~rm~n F_ Rr»wl 1 - , uPon a seP.wte aod prtr•te ~
e.am~nat~on by me taken separate and apart from her said husband, adcnowledged ro and befwe m~ that alw exetuted s+id irotrumeM fre~ly and vol~o-
ranly and w~thout •ny compulsion, tonstraint, spprehensi n r feu of or from her said Fwsbsnd.
WITNE55 my hsnd snd oificial sesl thi day of A. D. 19~1~
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~ Notsry u ic in a iw the Sut~ of Fbrid~ ~t larp~
~ My c«w,~~~ .~.u ~/-z 9- 6 ~
~ Retum Ta: .
First Fedenl Savings 3 loan Association
Of Fort P;erce. J. ~~~~i~' NOT'^,' _ r• , ,
C 6 LARGE
Fort Pierce. Flwida : ' 'y • . Jv L: r .
136i3
,
FII.~D AND RECORDEO _ . . , B°:.°`~ , . -.-,;ELMORBT
ST. lUC1E COUNTY. Fl.A. : . :"~;G~?. - -
REC RD VERIFIED - , _ . , t.
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'S6 SEP 27 PN 3: 01 ~ '
1 . ~ ~ ~ ~
48'791 ,
ROGER r OITRAS ~
CLERK CIRCUIT COURT
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