HomeMy WebLinkAbout2135 1. To plx~ and continuo~sly keep on the bvildirys now w hereafte~ ~ituats a+ iaid I~~?d ~nd on ~II cqvipmeot ~nd ptna+ally covH~d ty this mort~
~ys, with ~II pr~miums thtreon pa~d in full, fire insursnce in tha usual ~tandard poticy fwm, in ~ sum appror~d ~y tM MORTGAGEE. ~nd windstpm
imu?~nc~ in tM uiwl ar~nda~d polity fam, in a sum approved by the MORTGAGEE, in :vch company o~ tanp+n~es u tM lNORTGAGEE may ~
d~rect; u~d all fi~~ and wiodstwm i~sur~nce polrcies on sny of said b~ildinpi. a1?y ~f1fNfl1 ~I1Qftifl Of ~iA fMfWf, ie tM a~re9~t~ ~um ~fo«said w
In ~xceu theraof, sMll contain th~ usv~l tt~ndard mu~ga9ee clause a ~uch other clause ~s th~ Mortpages may requir~, rtukirq tM lou under said po1F
ues, ~~ch ~nd ~v~ryr, payab~~ to uid MORTGAGEE as it~ in~erest may appsa~, and e~ch and eve~y svch poliq ihall M promptly +u:9ekd and delivtred to
•ny h~td by said MORTGAGEE ~s funhe~ secu~ity to said mwt~age debt, and, not leu tMn ten (10) day: in advarxe of the expiration of each ~policy, to dr
livar to ~aW MORTGAGEE • reMwsl thaeof, fopelMr with a reteipl (w Ihe p~en'~ium of suth renewal; and ther~ shall b~ no firo or windslam intursnc~
plac~d en u?y of uid buildinps, any iroerest therei~ o~ p~rl the~eof, vnless in the fo~m and with ~hs lou pay~bb ai ~ionsaid; a~d in 1M ewnl any swn ~
oi mon~y becomq payabl~ v~d~? such policy a policas ~aid MORTGAGEE shall have ?he opt~on to rrceive and ~pply the same a+ +tcouM of the Ind~bted~ ~
neii s~tv~ed hasby o~ to ps~mit asid MORTGAGORS to reteive and use i1 w any part thereoi fw other purposes, without ~he~eb~ waiving w~mpai~-
ing any equifr, lien or right vnder w by virtw of th;s morsgage; and in the event said MORTGAGORS shall fw sny reason iaJ ro keep 1hs said premises so I
ineured, p fail b dtliv~r prompfly any of said policies of insurante to said MORTGAGEE, or fail promp?ly to p+y fvlty any premium therefor o~ in ~ny j
respecr fail w perform, disshuge, ~xecvts, effect, complete, comply wirh ar+d abide by this mve~an~, o? sny part hereof, said MORTGAGEE msy pl~ce and
pay fo? sueh trqwant~ ot any put thaeof without waivieg or sffectinp any option, lien, eq~ity, w ri9ht ~~d~? o? by virtw of fhis Matyap~, ae~d tM
f~ll amount of each and ~vKy such payment shall be immediately due ~nd psYable and ~hall bear interest from tM dat~ lhereof v~til paid at tF+~ rats o1
n~ne per tentum ps~ ~nnum ~nd together with suth interest :hall be secured by the lien of this mort9age.
4. To p~rmit, tomeit or suffa no wsate, imp~irmeot w deterioration of said propcrty or any part thereof.
5. To pay all ~nd sir~pulu th~ coats, ch+rges and expenxs, including a re~sonable at~aney's fee and cwt~ of ~bstrscts of title, incvrred o~ p+id at
any time by said MORTGAGEE, b~t~ute w in tM tvent of the failure on the part of the said MORTGAGOR ro duly, promptly ~nd fully perform, dixMr~. ~
axecure, effect, complete, oomply with and ~btde by e+ch and every the stipulations, agreemenn, cond~tioro, and cownann of said promissory nots and thi~ !
mort9~9s ~ny ot eithsr. snd ~aid cost~, cMrges and expensrs. eacA and every, shall b~ immediately due and payable: whether or not there be r.otiu d~
mand, att~mpt to collect a wit p~nd7~gt ~nd tM full amount of each and every such pavment ihalt bea. intereit f~om tM da~e th~reof until p~id at the
rare of nir?e per ccntum per aruium; and all said costs, charges and expenses incurred w paid, together with s~ch inter~st, sAall be secvred by 1M lien of this ~
mortpaQ~.
6. That (a) in ths ~wnt of any brexh of this Mortgaye or defaulr on the part of the MORTGAGOR, w(b) in tM ever+t any of s+~d swns of mon~y
herein r~fKrd to b~ not prompHy and fully p~id within thirty (30) days next after the same severally betome due ~nd payabk, wi?hout demand o? notic~,
or (c) in tl?~ ~wnt ~ach ~nd ewry the stipulations, ~grrements, conditions and coveoants of sa;d promissory note and th~s matpape u+y w either u~ ew1
iuly, promptly and fully p~rfwmed, discharged, executed, effected, completed, compfied wi?h and abided by, then in either or any such ~wM tM said a~
preg~N sum m~ntan~d in uid promiuory note then remaining unpaid, with interest attrued. and atl moneyt sec~red.l~ereby. shall betome dw and psy~
eble fwthwith, Ot 1FNfNNN, ~T ihe option of said MORTGAGEE, ~s fully and completely as i( atl of tF+e said wms of money were wpin~lly sfipulated
ro be psid on such day, anytAlnp in said promiuory note w in this Mortgage to the contrary notwithaandinp; and therwpon or the~esfter ~t the option of
seid MORTGAGEE, without ootic~ or demand, wit et law w in equity, 1F?erefore w tFxreafter begun, may be prwetut~d u if sll nwneys a~tur~d heteby
hed m~tund prip fo iri Inttitution.
7. That i~ tM event that ~t the beginning of a at any time pending any suit upon this Mortgage, or to foreclose it, or to roform it, w to enforp
payment of any daims h~?ew+der, s+id MORTGAGEE shatl apply to the Court havi~9 jur~sdrction thereof (w tM appointment of ~ Recciver, t~ch Court sMll
Forthwith ~ppoint s reccivN of sai~ mwtpaged prope?fy all and singular, includ~ng all and singular the incoms, profits, issues and revanues from whatevs~
source de?iwd, eath and w~ry o# which, it bein~ expreuly understood, is hereby rtwrtgaged as if apecific+lly set forth and desuibed fn the 9r~~tinp and
habendum cl~uses hereof, ~nd such Rectiv~r shall F?~ve ~11 the brwd and effective funct~ons and powers in anywise cntrusted by ~ Covrt tp ~ Receiver. and
iuch appointrtknt shall b~ made by wch Cou?t as ~n sdmitted equity and a ma~ter of absotute right to said MORTGAGEE, and witAout reference to tFw
edequacy or inadpuacy of ths wlve of the property mw~gsged w to the wtvency or ~nsolvency of said MORTGAGOR w the defendann, and that a~ch
renrs, profiri, incane, iuues ~nd revenues shall bs applied by such Receiver according to the lien w equity of iaid MORTGAGEE ud the practice o( svch
Court.
6. To duly, promptly ~nd fully perform, dixhsrge, execute, effect, compkte, comply with and abide by esch ~nd every tM stipulations, ~grsamenb,
condir'wns and coven~ori in s~id promissory note and this mwfgage set fwth. ~
9. That in ths event the ownership of the mortgaged premises, a any psrt thereof, becomes vested in ~ person othe? tMn the MORTGAGOR, tM
MORTGAGEE, Ns wcceuors and ~uiyru, may, withovt notice to the MORTGAOR, deal with such tuccestor w ruccessor i~ interest with rtfer~nce to this
mortgap~ and tM debt hereby secured in the same manner as with Nb~tgagw w~thout in any way vitiating a dixMr9ing the Morty~gws' liability hcrt
under or upon the debt hereby secured. No wle of the Fremises hereby mortgaged and no forbearance on the part oi the MORTGAGEE w itf successws
or ass~gru and no ~zrenian of the time for the payment of the debr hereby secured given by the MORTGAGEE a iri succeuors or suigns, shatl oper~t~
to relesw, distMrpe, modify cA+nge w affect the orginal liability of the N10RTGAGOR herein, either in whob w in part.
10. It Is apecifiully ayreed that time is of the essence of th~s contract and that no waiver of any obligation hereunder or of tM obliyation ~e-
cured Mr~by sh~ll at ~ny time thereaher be held to be a waiver of tF~e terms hereof or of the instrument secured Mrby.
11. In addition to the forego:ng monthly payments of princ'pal and interest required by the promisswy note secured hereby, mwtgsgor tov~n~nts
and agrees to pay to mortgayee with each monthly payment an add~~ional sum estimated by mortgagee to be equal to 1/12 of the annusl cost of the follow-
ing:
A-All real prop~rfy taxef kvied w assessed against thc a6ove described real estate.
B-Premiums on fi?e ~nd windstorm insurance as hcre~n requ~red to be carried on tF~e improveme~t~ situate o~ the above desuibed premises.
j C-Premivmt on such mortpags guaranty insurar~ce as mortgagee shall from t:me to time deem fit to carry on the loan secured hereby.
! Mort9ayee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall thereupon be due and ,
~ Fayable on ihe due date of ihe next monthly payment and each successive month thereafter urtil mwtgagee shall notify mortgagor of s chsnge in such {
~ aTOUnt. Such sums sAsll be ~pplied by mortgs9ee toward the payment of real property taxes, insurante prem:ums, and mortgage yuatanty insursnce '
premiums.
~ N WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day and ye+r fint afaesaid.
//5iyoed. S~al~d ~nd deli ~d ' tM presence of:
~ YN J
aq
rc..q
(Se+O
' S ATE Of FLORIDA ~
co~Nnr oF St . Lucie
eefwe me II ~ppeared M. H. Hone y eut t
~s~ ~U 1 a Va n Hone y eu t t his wife, to me well known and known to me to be
the indiridwb describsd in ~nd who executed the foregoirg instrument, and acknowledged before me that they e:ecuted the same fw tl~e purposes
therein exae„~a. a,a ~n~ ~~d Lu18 Ven Honeyeutt
w~fe of tFw said M. H. HoneyCUtt - upon a separate ~nd privet~
e:am~natiw~ by me qken sep~rste and apart from her said husband, acknowledged to and before me that she exetuted said instrument freely ~nd volurr
tarily a~d withovl ~ny tompulsan, constraint, ~pprehension, ot fear of or from her said husband.
WITNESS my h~nd snd offici~l seal thia-~~ day of 0 tober A, D. 19 66
~ ~ y -
~ Notae{r Public in and fw the St~te of florida at lsrye
~ My Commisaion e:pires:
Retum To:
~ , " ~ Pr1611t. Sfaf! 01 fbrid~ at larq!
~ First Fedtwl Ssvirgs 6 Loan /ltsotiation :~,r~G~.~....~. .~i~ M~ (qp~fS10~ ~][plflS kpt. 23. ~~9
Of Fort P~erce. `~~?-<<•~~ ~ ~~/.-t• M~1 b A.wrc~. fi~ t C~s.~Y~ Ce_
Fort Pierce, Flaida - ' . ~
G, r V • i •
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- FILEO AND RECORDEO ;
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• ST. WC~E COUNTY. FLA.
~ ~ ~ Rn V~.RIFIED
R ~ C 0
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=b6 nrt 7 PM 3 •
149~30
g~~~~ PACE 332 nt~:~,i :~U:'R:.~ _
CLER'~C CIRCUlT COURT !~l
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