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HomeMy WebLinkAbout2431 ~ To plac~ +nd continuouily keep on th~ buildings now w Mreaft~r sitwte o~ -•~i I~~d snd on all eqvipm~nt u+d pNSOnally cov~r~d by th1~ mo?t~ : with all pttmiums theteon p~~d in (u~~. fire insurante in the us~al uandard polity fam, in a sum apptoved by tM MORTGAGEE, and windslam in~w~nce in the ~swl Nandard pol~ty fum, in • sum approv~d by tF?e MORTGAGEE, in such company p tanpae+ies as th~ MORTGACrEE may dlnctj ~nd +11 tir~ +nd wind~~orm insuranc~ policiei on any of u~d build~n~i, any inie~est thsrein w par~ tM~eof, in tM pq~ey+a ~um afor~aid o~ M~c~ Ihenof, shall contain tM uswl sund+rd mo~rgagee clavse o~ such o~he+ dauie ~s the Ma?yagee may requir~, matinp ~h~ bu v~ uid poti~ ciq. AtA and ~vNy. p~Yabb to said MORTGAGEE as it~ in~e?est may appea~. and each and eve~y ~uch policy shall b~ promp~ly au:~ned and d~livered to .~ny Mld by said MORTGAGEE as turther sKwity to said mortgage debt, and, not leu tha~ ten (10) d~ys i~ sdvanc~ of tM •xpir+tion of each policy, to d~- IivN fo t~id NORTGAGEE • rg~ew~l therwf, to~etht? with a receipt fw the premium of such r~newal; and ther~ shall b~ no fire a winds~am ini~ru+t~ pl~qd on any of said buildinpi, ~ny interest therein w part ~hereot, unfes~ in the fo~m and wiih the lou piyable as ataessid; and i~ the tv~nt any turti of nqeNy becomes p+yable unda wd? policy w poticies said MORiGAGEE shall have ~he opt;on to receive and apply the same o~ account o( tM indebted~ M~s Mcu~ed htrsby or to permit said MORTGAGORS to reteive •nd ust i1 or any part thtreof fw othcr purposes, without thereb/ waivi~y w ~mpair- Mg any puiry, li~n or :i9ht under or by vinw of this mo:tgs9e; snd in the event a~d MORTGAGORS shall !w any reaso~ fail to keep 1he ss~d pr~mises so ir?sured, w f~i) to deliver promptly any of said policies ot insurance to ia~d MORTGAGEE, w fail promptly to p~y fully any prsmium therefw w in ~~y rtspM f~il b pMfprry dischuge, execute, effect, complete, comply wirh ~nd abide by this covenant, or any part he~wf, ssid MORTGAGEE m+y pl~ce and p~Y fa ~~ch irawa~x~ w ~ny put fhereof wi~hout waivirg or ~ffectinp any op~~«+. lien, equ~ty. or righ~ unde~ o. by viNw of this Mat9ape. and the full ~nou~t of e+ch and ~wry ~uch payment shall be immediately due snd p+yable and ihall bear interest irom tM dat~ tAerepf ~ntil psid at tM rat~ ol nirw pa c~ntum per ~nnum snd together with such ime~est shall be secured by the lien of this mwt9a9e. • To pKmit, commit w wHar no wa~t~, irnpairment or deteraration of said prope.ty a any part thereof. S. To pay all ~nd ~irgulu tM costs, cMrges snd expenses, ~ncluding a reasonable stewney i fee srxl cosu of abst.scta of title, incurrad a p+~d al •ny tirta by said MORTGAGEE, because o~ in the event of ~he failure on the part of ihe said MORiGAGOR to duly, p~ompllY snd fvlly perform, d~uhar9R ~xetut~, ~ifed, tompkte, compty with and ~bide by esch and every the stipulat~ons, agreements, cond~tions, ~nd cover+ann of ssid promissay note ar+d thu mortyaqe any or ei~her, snd ~a~d cost~, thsrgas snd expenus, cach and every, sMll be immedialely due a~d p+yab:e; whelhar w s+ot there b~ r.otice dr nwnd, ~ttempt to tollKt or tuit p~ndingt ~~d tM full amount of each snd every svch payment shall bea~ interast from IM date thereof until paid al tM r~te of nin~ per centum per ~rnwm; aod all said costs, charges and expensea incurred or paid, ~oge~her wuh iuth interpl, ~hall b~ ~etur~d by tM li~n of thu ~N~• 6. That (a) in th~ ewnt of any breach of this Mortgage or default on the part of the MORTGAGOR, or (b) in the ~w~+t any of s+id sums of money hK~tn ref~rred to bs not promptly and futly paid within th~.ty (30) days neai after the same severatly become due and payable, withoul d~mand or notitt, or In tM ~wM e~ch and every the itipul~tions, sgreements, conditions snd covenants of sa:d promisswy note and th~i mwtppe sny o~ either ~rt t?o1 ~uly. prompHy and futy performad, d~xMrged. executed, effeded. completed, complied w~th ~nd ab+ded Sy, then in e~ther or any such ~wm tM uid ap~ pr~pat~ wm mlmionad in uid {xomissory nOte then remaining unpaid, with intcreat accrucd, and a1t moneyt secured hereby, shall bKOrna dw ~~+d pay- + aW~ fatnwith, or tMreaft~r, at the option of said MORTGAGEE, as fulty and completely ~s if atl of fhe wid su~ns of money we~e apinally ftipulated ~ f0 b~ paid on such day. ~nyfhir?p in said promissory ~?ote or in this Mortgage to the contrary notwith~t~ndinp; ~nd thereupon o? thereafter ~t the option of Nid MORTCsAGEE, without notice a dem+nd, suit at law or in equity, tlxrefore or thereafte~ begun, may b~ praecut~d ~s if dl manys s~cvnd Mrtby ~ h~d rMlWtd priOr to iq iMtitution. 7. TMt in tM went that ~t the begioning of or ~t any t~me pend~rg any su~t upon th~s Mo.tgaye, o~ to forecbse A, or to mform it, w to enfora payment of ~ny d~ims herevnder, said MORTGAGEE sh~ll apply to the Cou?t having jur~sd~aton thereot fer tM appantment of ~ Receive~, such Court shall Forthwith appoiM s receiwr of sai~! mwipa9ed propcrty atl and sirgula~, indud~ng all and singular the income, p~ofits, iuues ~nd rewrn?e~ fran wt~at~v~~ wwu derived, each ~nd ~very o# which, if beirg expressly unders~ood, is hereby morigaged as if spec~iically sel fwth and dewibed in tl+i prantir.~ ~nd habendum clauses hsreof, u+d such Receivsr shall have all the broad and efleuive funct~o~s and powers in anyvrise cntrusted by ~ Court tp a Reuivsr, snd . suth sppointment shall b~ made by suth Court u an sdmitted equity and a m+tte? of absolute right to said MORTGAGEE, and witFwut rtfer~nt~ to ti» ~ adeq~acy a in~dpuacy oi the wlue of the propcrry mortgsged or to the sotvency or insolvency ot said MORTGAGOR or ~he defendant~, ~~d that tuch 3 renta, profi», incorn~, iuves ~nd nvenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practiu of such ~ ~ Coutt. 8. To dvly, promptly ~nd f~lly p~rform, discharge, execute, effed, complete, comply wi?h and abide-by each and evety the stipulatio~s aynert~ent~, ~taro and wvenants in s~id promksory note and this mortgage ut forth. 9. That i~ the tvent the ownership of the mo?t9aged premises, or any part thereof, become~ vested in a person other tMn the MORTGAGOR, f1w MORTGAGEE, its succeuws and auigns, may, without notice to the MORTGAOR, desl wiih such aucc~ssw w wcc~sso~ in ~~terest with re(erence to thu mortyaye and ths debt hereby secured in the same manner as with Mortgagor w~fhout in any way vitiating w d~xMrying fhe NLor~9+pws' li+bility FKrt ~nder a upon tM debt hereby secured_ No sale of the prem~ses hereby mortgaged and no io?bearance on the pa?t of t1+~ MORTGAGEE w ib svccessws p ~tsigr?s snd no extensan of the time for the paymem of the debt hereby secured g~ven by the MORTGAGEE or its succeuors or usi~ns, sh+~) optr+t~ ro r~lease, discharpe, modify thange or affect the original liab~lity of the NIORTGAGOR herein, either in whola w in part. 10. It is ipecifically ag?eed that lims is of the essence of this contract and that no w~ive~ of sny ob~igation hereunder w of tM oblg+tion s~- our~d M?~by shdl at any time thereafter be held to be a•waiver of the ternu hereof w o( the instrumem secured herby. ' 11. (n addition to the fwego:ng monthly payme~ts of princ'pal and interest requ~red by the promissory no~e secured hereby, mortgsgor tovenanf~ a~d agrees to pay to mongagee with each monthly payrnent an add~rional sum est~mated by mortgagee to be equ~l l0 1/12 of the annual cost of fhe fdlow- iny: A-All re+l property tszes levied or ~ssessed against thc above desc.ibed real estate. B-P~emiums on fire and 'windstorm insurance as herein requ~red to be carried on tF~e improvements situate on the sbove described premises. C-Premiums on such mortgaye guaranty insurance as mortgagee shall from t~me to time deem fit to carry on tF+e ban secured hereby. ' Mortysgee shall from time to time notify mortgagor in writ~ng of the amovnt due and payable hereunder and such sum shall thereupw~ be due and payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgagee shall nofify mortgagor of a change in such amount. $uch sums thsll be +pplied by mortgagee toward the payment of real property taxes, insurance prem:ums, snd mortgage guaranfy insurance premiwns. IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the dey and yesr first sforessid. ' nad, ~~led a deliv in 'preserxe of: / ~ f - ~ dGw ~ ~f ~ry ~ aq 1) ts~aq STATE OF FLORIDA St. Lucie ~ courm oF eefore me personslly appeared Hayden Enans ~nd Ma '1~ C EV~~S his wife, to me well known and known to me to bs the Individwls described in and who executed tF~e fwegang instrument, and acknowledged befwe me that they executed the same for the purposes rr~?~~, eX~.~d. a~d ,r~ ~,d Mary C. Evans wife of the asEa Hapden Evans „P,,, a~rate and private examination by me taken separate and apart from her said h sband, acknowledged to and before me that she exetuted said instrumem ireely and vduo- t~rily ud withovt any compulsion, cor?straint, apprehensi ~ fear of or from her said husband. ~c.~ WITNESS my hand and official seal this ~ dsy of a o. ,9 66 ; ~ _ ~ • Notary Public in and for the State of fbrida at lar~e , My Commiuion expires: ! Return To: ~'~OtW PB~iC, State al ` iint Federal Savingi 3 loan Aswciat~on FlOrida at Large or Fo.t v~e.ce. I1ECdR~~.= . MY ~u~mission Fxpires Nor. 3, 1q69 FtLEO AND so¦ad er w.~e~K.. fr• s G,~~W to. ~ F~ P~~,«, Flwida gT. l.UC1E COUN?Y. F~• ~ aECORO vERiF~EO . . a~ , - . ~ . ~ , ~ 1 ~ 4 PM 3 : ? 5 : ~ : ~ - 66 ~ :K` ; . . _ . . 14921 s ~ K ~ RCUIT CCURT . ; CLER . ~ ~ ~ BOOK 15~ PACE 30 3`` ~y . , ` ~ : - _ - _ _ _ _ _ - r ~ t.~.,~, .~z,::