HomeMy WebLinkAbout2622 To pl~p and oonHnuousty kNp oe tM buitdiepi now w hKeaft~r Ntwt~ on said land H+d on ~11 equiprMM ~nd p~r~onally covend by /his mort¢
~p~, with ~tl pttmiwM tMrwe p~id in full, fir~ iniuranc~ in ~h~ uwal st~nde~d policy fwrty in ~ tvn? approwd by 1M NWRTGAGEE. M~d wind~tam
Irowanc~ M tM usual ~tand~rd policy fart1, in • ium approved by tFN MORTGAGEE, tn wch compa~y w coMpsni~s as tM l1AORTGAGfE m+y
dinert ~nd aH titi and wi+~wnn t~u?r~ncs policie~ on ~ny of s+id build~nps, ~ny intenst tMrein a p~M thKwf, ie ~IN s~re~~q wm ~for~s+id o~
In ~xcas tlw~~of, sMll contain tM va~al stu+dud mor~ga{~e~ cla~se a such otlw~ ttsuss ~i ~M N1a~ype~ may rpuir~. makinp ~h~ lou wdK s~id po1F
ci~s. Nch +nd ~wry. paYabl~ w said MORTGAGEE ~s its interest may appeaa, and each and ~vay sucl? policy shatl b~ promptly ~:yned ~nd d~livK~d ro
,~ny Mld by uW MORTGAGEE as funMr qcvrity to said mat9sye debt. ~nd, not I~u than t~n (10) days in ~dvanct oi tl+~ exp'uatron of ~~ch policy, ro d~
(Iwr to ~aid MpRTGl1GEE • ree~wal tF~sof, to~e~M~ with a rece~pt fw tM premivm o( wch r~.~ewal; and ~M« shall M no fu~ o~ windstam inwru?c~
pbad on ~ny of said buildup~, ~ny (ntcrest tha~in or part thereof, unlesa in the fo~m and with ~M losa payable ~s afa~said: ~nd in tM ~wnt a~y ~wn
~'^o^~Y WYa~ ~ such Po~icY or polKi~s s+id MORTGAGEE shatl Mw tM oprion to recQive and apply ~M ~am~ on accou~t ol tM iod~btsd~
mst Na+nd INnby a a p~rmif said MpRTGAGORS to reteive aod us~ it p any pad thereof Iw mhe~ purposes, wirhout the~eb~ waivin~ pr ~mpa'w-
G+p any p~iry, li~n w rght undN or by v4tw of this morsp~ye; u+d in tM tvent said MORTGAGORS ~II (or a~y reawn fail to ke~p tM s+id pr~mwes w
inwnd, a f~tl b d~liwt promptly ~ny of said pol;cie~ of inwra~ce to said N~OQTGAGfE. w fail promptty ro pay fully any p~anivm therofw u In +ny
nspect hil ta pMfan~, disclwrye, ~x~cut~, ~fiea, cort,plete, oomply wi~h u?d abid~ by this oovenu+t, w ~ny part herwf, s+id MpRTGAGEE may plsc~ and
WY fa u?d~ iro~+ru~ o+ any part th~rtof without w~ivirg w ~ffecttnp ~ny optiay li~n, pvity, a ripht ~~de~ w by vi~tw of this Mort9ap~. uid the
fuU amouef of tach and ~wry such piy,,,eM ahall bt immed;ately dw and p+yabb ~nd sMll be~r intaest from th~ dar~ thereof u~til paid a~ th~ ~at~ ol
nim per antum pK annum u~d top~the~ with such int~rest sMll be secu~ed by tM lien of this mortpapa.
4. To pKmit, aommit or wffa no wast~, impairment w deteriot~tion of said property or sny part thereof.
S. To pay all ~nd ~Inpul~r th~ cos», cMrpe~ and expenses, includinp s reawn~ble anorney i fee and cwts of sbstrac~t o( titts. incurred w paid at
a?Y t&ne by ia~d MORIGAGEE, b~cavs~ a in tl» ~wnt of fi~s i~iture on ~he part of ~he isid MORTGAGpR ro duly, prompty and fully pKfonn, d~ich~.qR
~x~cvt~, ~ifect, comp{a~, comply with and ~bide by each and every the stiputations, ~y~ce~runts, cond~r~ons, and oownann of sad promcssory nw• and ~M~
+~Y a e+~her. ~~d s+~d coab: d~uges and e:oenses. esch and every. shatl bt immediatcly due and payable~ whether or naf tl+er~ bt notiu dr !
mY~d. att~mpt fo co11Kt or s~it p~~dinpj ~nd th~ f~ll artio~rnt of each and every such p~ymeM thatl bear interesl tron? IM tlate th~reoi unrii p~io ~i ~iK
i
raN of nirK p~r centum per ~niwmj and all s~id twta, chuget end expenses incurred or paid, togsther with such inqrpt, shatt bt ~tu~ed by th~ li?n of Nw
~ro~
6. Th~t (a) !n tM ewnt of ~ny brt~ch of this Matga~e or defa~ll on tM pa?1 of the MORTGAGOR, or (b) in tM evMt ~ny of said swns of nan~y
MtNn r~fKnd to bs not promptly ~nd fvlly paid within thitty (30) dsys next after the same sever~tly becoms dw and p~yabts, wilhout dem~nd or notic~,
or W I+~ th~ twnt tach and every tAe ttipulations, agreements, conditions and coven~nts of s~id promisswy noro ~nd th~~ mortpa~ any p ~i~hsr ~r~ no1
~+ly, prompNy snd fully p~~form~d, discMryed. exscvted. effected. completed. complied with and abided ~iy, tMn i~ ~itMr w any such ~wnt t1?s said p~
prpat~ wm nwntiw?~d in uid promiuory npte tixn remaininy unpaid. with inte~est acuued, and all moneys secvr~d. MrebY. shall beoan~ dw ~nd piy-
•bl~ fwthwith, o~ th~r~ah~?. ~t th~ oprion of said MORTGAGEE, a: fvlly and comple~ely as if all of the s~id wina of money were orip;nally stipul~ted
to b~ paid on such d~y, u~ythie~p in said promiuory note a In this Mortgage to the contrary notwi~h~bndinp; ~nd tMreupoe or ther~afr~r ~t tM oprion of ~
•aW MOR?GJ?GEF, withovt ratia a den+and, suit ~t law or in equity 1F1l~lIOfQ Of fI1QfNftH bep~e~, nuy bt prosecuted a if all ma»y~ s~cur~d I~u~by
~a
~ AMtW!{1 p~10t to it~ I~atitVtiWl. -
7. Th~t in tM went ~hat at tM be9innirg of or at a~y tims pend;ng ar?y suit upon t6is Morf9aQ~, w to fo~eclose h, w to reform it, or ro~nfora
p~yen~r?t of any daLm lKrwnd~r, said MpRTGAGfE sh~ll apply to the Court having jur~sd~ctan the~eof for ~M ~ppoi~tment of ~ R~ceive~, such Cowt sl?~II
fafhwith appoint t rtceiv~ Of si mprt9apad prppKtY all and sing~lar, includ~ng all and sing~lsr the incoms. p~ofi», istu~s ~nd rewnves from whstever
sowa deriwd, each ~nd ~wry o~whKh, it beinp expressly unde~stood, is hereby moregaged as if speufiulty set fwth and desu;bed In thi pr~minp and
h~b~rKlwn clauie~ herepf, and such Rec~iver sh~ll Mve sll the broad and effective funcl~ons and powers in ~nywise entrusted by a Co~rt ty a ReCtivtr, and
suth appotntment tMll b~ m~J~ by such Co~rt as an admitted equiry and a matter of absolute right ro s~id AAORiGAGEE, ~nd without rtfer~nu ro th~
~d~q~r+cy w l~ad~quacy of ths ~~1ue of ~he wope.b mo?~paged w~o ~ne so~eocy or insolvency of uid MORTGAGOlt w the defendann, ~nd that such
r~ntti profits, incorn~, iaues and ~~venues sha~~ be ~pp~;ed by such Receiver accord~ng ~o the lien w puity of ~aid MORTCsAGEE and the puctip of wch '
Co~rt. ~
8. to dvly, promptly a~d fully pe?fo~m, dptha~~s, execute, efiect, cornplete, comply with and abide by each and ~very th~ stipulsYaro, apr~, ~
conditions and eoven~en in said promissory ~ote ae~d this mortgage ser iw~h. ~
9. That in tM w~nt the ownenhip of the mortgsyeo prem~ses, w any part thereof, becanes vested Fn • p~raon othe? th~n ths MORTGAGOR, tfw
MORTGAGEE, Its svconwrs ~nd ~uipns, may, withovt ~otice to the MORTGAOR, deal wi~h such succssso? p wcc~ssor ln iMerest with referenc~ to this
mortp~ ~nd tM debt hereby setured in fh~ ssme msnner as with Nbrtgagor without in a~y way vitiali~y a dixharying the Mortyaypn' (iability her~-
und~r w upon tM dtbt Mreby secured. No tale of the prem~ses txreby mwtgaged and ~o (wbeawnce on the pan of rl+~ MORTGAGEE or it~•suaesson
w~uipnt and no extension of the time fw ihe paymeM of the de6~ hercby secured yiveo by the MORTGAGEE or ~h succ~sson or auiyrn, ~II operat~
?o nk+s~, d~xh+rp~, modiflr chsrp~ or affect ths aiginal liab~~iry of the MORiGAGOR herei~, either in whole a i~ part.
10. It is specifiully agre~d tMt time is of the essence of this ton~rad and th~t no waiver of any obliyation.hetevoder or of th~ obfip~tion s~-
ew~d Mreby ~Mp at ~ny tkne thereaher b~ held to be a waiver of tl~e terms hcreof a of the instrument sec~r~d Mrby.
11. In addition to the fotego:ng monthlY psYments of princ'pal and interest reqvired by the promissory npte setured hereby, mortysgor cownant~
and praes fo p~y ro mortqsye~ with eacl~ monthly paymcnt an add~~ional sum es~~mated by rtwrtgagee to be equ~l to 1/12 of the annual cost of ths follow-
A-All real properfy taxes kvied or assessed against thc above deuri?~ed real estate_
8-Premiums on fire and windstorm insurante as herei~ requ~red to be carried on the improvements sitwte on the ~bove desuibed premites.
C-Premivms on ~uch mortgay~ pwranty insurarKe as mortgsgee shall f~om t~me to time deem fit to carry on the ban secured hereby.
MwtyapN shafl from time tu time notify morrqagor in writ~rg of the amount due and payabk hereur~der ind sucb wm shall thereupon bs dus and
P+Y+b1e on the due dat~ of the neat mo~thly payment and each svccessive month thereafter ur.til mortgagee shall notify mortgagor of a chse+g~ in wch 1
~mou~t• &+cb swns ahall bs ~pplied by mortyagee toward 1Fx payment of real property ta:es, insurence prem:ums, and mortysye yuer~nty insur~nct
p?Nniums.
WITNESS , tM s+id MORTGAGOQ has hereunto set his ha~d and seal the day and y~~r first aforesaid.
~ ~wd, a and livered i~ tM ptesence of: .
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; STATE OF PLORIDA ~
~ St. Lucie ~ -
courrn of
~ defqe me p~rwMlly ~ppsared Riehard Anthony FleniQan ~
~ _ l~ i_A Jeanne Flsni~an his wife, to me well known and knowo to me to b~
th~ k~diwdvab desaibed in and wFw executed tbe fwegoirp lnstrwnsnt, and scknaw ed befwe ms tFwt thsy executed the same for tM pwpcues
~ *~w•••~. a~a Alice Jeanne~lenigan
, ,~r. ~ ~M ..;a _ Richard Anthonv Flanigan - , ~,~,fe «,a ~~t.
examinaYan by me ta4en sep~rate and apart from her said husband, adcnowledged to and befwe me that she executed said instrument freety and volur~
~ tarily and withovt ~rty compu4ion, const?sint, apprc , p feu of w frwn ber ~aid sband.
~ WITNESS my h~nd ~nd offitisl seal thi da of ctob 66 ~
~ y _,..•:X;'.t~:~19,__ -
~ ~ ~r ~ i
t~ _
i . ~r - .
~ Notsry Public in and fw ihe State•~f; •af Lar
Retwn Ta My Cortuniuan expires: ¢ ~~•b ' .
.
•T ~ -
F(rst f~d~ral Savirq~ 8 Loan Iusociation ~,r
Of Fort Pierca E8 I • ' ~ r ~.f' ;i' . ~ _
Fort Pierce. Florida O ~~CI~ - : • ~ -
~~~~CIE C~~N~Y• . NOTAR'Y PUBLIC, srar~ ~r R~i a~c r~
g'(.~L~~~pp ~lEa~~tE~~~ MY COAIFfISSION DIPIRES J1B~•.~c a,~9,,
1~•~ ~ .
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~ ~ ~~•2~
~ ~ 1 14932~
::r;',F.~~ ~ Ji',r~M V~T
c~_E~K C~RCUIj CO
fa ~ BOOK 15~ PACE ~2~,~ F
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