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HomeMy WebLinkAbout0016 S. To pl~os and coaim+ouslY k«O on tM bui!d~e~t novr « her~aftir s~~uav on ia~d :and a++d on ~!t eqviymeM ~nd p~rsa~dly covK~d b1r ~'+s ~p' ~+p~. wi~h aM p~miuRU tMrwn p~d in fv1l, fi:~ insw~~ ~n ehc u~ws iw~d~rd w~'~ fonn. in • sum pprowd by tM MORiGAGEE. and w~rorm ~ns~ranc~ ie dw v~w) ua~dsrd ~.d:ty ianp in ~ wm approved by ~he 1NQRTGAGEE. in sucA con+pw~y a te^Yun~a a tM MORTGAGEt Ta11 d~.enj «+o aN t~e s-d w~wr~w im~xae~ Pd:c:es on arY of N~ bY~l~af~~ 'N1y MiNfft II1Nfif1 O! ~fi tINf~OI, in ~M +p9.eQ+a wn~ ~fa~said or ~ !n ~:o~w tlrwof. sMll conbin ti» usuai standard ma~qapk clwte ar +~~ch o~ha ~Iws~ as ~M JNo.~paqe~ may ~pu~r~. marirq ~M iw~ w~la~ sa:d po14 uea, ead~ snd ~wry. WY~b1~ w s~d N1~RTGACsEE ss ~~s intKest may ~ppea?. and aach and ~verY svch pol~cy ~hal1 b~ pranptly us ~~ed a~~d dtlirertd w ~ny h~ld by sa~d NlORTGAGEE u fwdar secv~i~lr ro a~id ma~yay~ deb~. +Rd. oa leu tAr~ ~en (ltlt dsys in ~dvance oi tM expisat~oe of ea:h pol~cy. to d? I~vc. ro iaid AAORTGAGEE a r~wal tMnof. top~~ha with a rece+pt fw the pranwm oi such ~enewat; and ~i~e~s shall be no f~r~ w w~nds~a~? insuru?n plsced on ~ny of s~id build~..~s„ any inttr~at thmin w psrt thereof, v~lesa in ~M fam ~~+d wi~h the lou paYabf~ ai itoresaid: ard in 1~r ~vret any wm of ~naNY b~comN p~YaW~ w~Jw wch policy w~,Olici~ s+~d MORT~sAGEE ihall Mw tM up~ion ro rec+iw and appty the same w+ +ccow+l of the i~debted- ness s~cw~d Mr~by w b pe~init s+id MURTGAGORS ro reoeiw ~+d us~ it w any par~ Mereof Fa other purooaes. w~~hout ihs.~Lr wa~v~•~g a~mpair• ing •nY equ~tr. li~n a rght under or by virtw of ~his mo:sy+pe: ar.d in tM erent ~a~d MORiGAGORS shaU fw sny reason fail ro keep ~M sa:d p..~+~ses so ~nsured, w fail M dtli~sr pror.ptly sny of said po~~c:es of i~w~ar+c~ ro sald MORTGAGE[. a fa;l promptly to pay f~lly ~ny praniuin ti~erefor a in anY reiprct (~il b pufwm, e'3x~+arg~. ~~ecute. efted. compl~te. canplY wi~h and sb~ds 6y ~h~s covsnant, a any pa~t hereof, said MORTGAGEE ~nay pWU and Par fo~ sud~ aauranc~ u u+r psrt tMnot w~~hout w+ivinp or affectinp sny op~ion. I~en. MuirY. or rigM undsr or ~y v'utu~ of this Mor~+p~. ~.,d tF+e t~ll a~novnt of tach ard wNy such p~y~nent ihall bs imnedi~te:y dw and payabl~ ~nd ihatl beu intenesr from tM daN ~heroof vntil paid at tM rate ol n~n~ per eentum pa annuT ~nd to9ethe~ with s~xh intrrest ihal: ~ secvred by th~ lie~ of th:s mat9age. 4. To pamit, cw~wnit or wffer no w~ste. imp~irmsnt or deteriorat~on of s~ed Fropcrty or any F,art thereof. 5. To P.y a~i .~,d s~n~dar eM cosra, eFa.q.s u+d expsnses, including • reawnable +ttaney i fee +nd cwtt of ibst.acri oE tide, incwred w p+~d at eny ~ime by sa~d MCRTGAGEE, becavse a in the ~v~m of ths fa~lure on ~h~ pu: oF ~M sald MORTGAGOR ro dulY. promPrly and fuUy perfwm, d~schar~~ execut~. ~ffM. eompkts, comply wilh and ~::~de by ~ach and every tl?s s~io~rlatia.s, agrtemen!s, cond~~ions, and covaninn of sa~d prom;ssory note snd ~hu :,ortpa~~ ~r or tithe~. a~d s~id costs, chuges and ezpan~es. each and every. s!»II be imrned~arety due and payablr, whe~her o~ no3 there be r.otice dr m~nd, attem~t to collecl a wit p~~nyr and tta iull amovnt oE each and ewry s~ch payment shal~ bear ~nferest from tM date thereo4 until p~id ~t th~ rare of n3n~ ~er untum per uwwm; a~d all said oosn, chuges u+d expanxs iriaured a paid. logether w~~A wth inrer~tt. ihafl be s~cured by the litn oi tlr~ mcrty~p~. 6. TMt in th~ wa+t of any brsach of this N.ortga~ or def~ulr on the p.~rt of the MORTGAGOR, or (b) in the ~vent ~ny of sa~d sums of nwney her~in nf~rred to bs rwt promptly and fully ~»id withi~ th~.ty !30) days next ~fte~ the same xverally brcome due and payabie. witF?ovt dem~od or notic~. or In fix ~wM Htl~ and every the stipulatio~s, ag~eemeon, conditions snd corcnants of sa~d promisswy r+ete a~d th~s mortya~e any or aither are nol iuiy. p~anptly and fvlly pNfamed, d~schar9ed. executed, effeaed. compkted. cump!:ed wlth and ab~ded by, tFrn in e~thsr w ~ny such went tM said ap~ greyata win n+~ntioned in said promissory noN the~+ remaininp ~npaid. wi~h inte~est xuued, and all moneys sa~wed. he:eby. iMll become dw u?d pap able falhwith, or thtreah~?, at tM opria+ of said htiORTGAGEE, u fully a~ed completely as if all of the said wnr of money were ori~N+a~fy stip~rlated to be p~id on wd~ dsY. anythiny =n ~aid prom~uory note or in th:s Mortgsge ro the contrary notw~~hstand~nyi and ~Iwwpon o~ thereafter sf the option of seid MORTGAGEE, withoul ~otic~ or dtmand, suit t~ I~w a in equiry. therefwe w thereaftp begu~, may be pro~ecvqd ~s if ~II mot~eys sKUred htreby i,ad n,at~ni plor ro~n t~sr~tution. , 7, 7lwt in tM event that ~t the beyinn'vg ~f or st any time pcnding any tuit upcm tfiis Mortgage, w ro for~clo~ it, or to reform it, or to enforq payment of aey deims Mrwndec, s~id MORTGAGEE shsll ~pply to th.e Court hsving ju~~sd:ctan thereof for ~l+~ app~ntmeat of a RKliVlf. wch Cwrt sMll Forrhwith appoint a nteiv~r of u' mort~aped property all and sing~lu, includ~ng all and sing~lar the incom~, pro}its, iss~es and revenues from what~ver •ource der'n~d, ~sch and ~very o~wh;ch, it beinp txpressly ~nderst:.:.d, ~s hereby mortgaged ss if spec~fically xt forth and dewibed (n tl+e yr~ntinp ~ed hattndum da~n Aereof, ~nd suth Reteiva~ shall have all the b~oad and effective tuncnons and powers in anywise entrusled by a Court Ip • Reteiver, u+d euch appohtnyM aMll b~ made by such Court as sn admitted eq~ity snd a matter of absolute right to said MORTGAGEE, and withouf rofetence to tht edequacy a k?~d~qwq of ths wlue of M~e propery martg~ged w to ~he sotvency w~nsolvency of sa~d MORTGAGOR a the deFendants, and ~hat such rente, profib, incan~, issues and r~renues sh~ll be applied by StKFI RKl/VH accord~ng to the tien or equity of iaid MORiG1GEE a~d the practiu of such Court. 8. to duly. pror~tly u~d f~lly pe?fwm, dwcharge, execute. eifect, comple~e. comply w~th and abide by exh and every ths stipubYroas, sy?eema+~ts, condltions and eoven~nis 3n uid promissory oote and this mortgage :et fath. 9. That ie tM event fhe owne?ship of the mortgsyed premiscs. or any part thereof, becanes vzsted in a persa~ bther than tM MORTGAGOR, tl+~ MORTGAGEE, its wccetson and ~uiy~?s, may, withovf notice ro the MORTGAOR, deal w~th ~uch wccessw a~ucussor in interes~ with retertnc~ b this r-~o,tgsy~ and tM dtbt hereby secwed in ths same manne~ u Mri!h Mortgagw witiwut in any way ritistirg or discharg~ng the Mortyagws' lisbility hert ~ vnder a upa~ tM debt her~by secured. No sale of the premiurs hereby mortgaged and no forbearance on the pan of the MORTGAGEE or its successort or au~gns snd no exrension of she time fw the payment of the debr hereby secured g~ven by the MORTGAGEE w its successors or augns, ~h+ll operat~ tc releue, dixlwrye, ~fy thange or affect the org~nal I~ab~liry of ~he MARTGAGOR hrre~n, either i~ whole or in put. ~ 10. If is specif'~csily agreed that tirtro is of the essence of this comrsct and ~fiat no waive~ of any ob~gation hereunder a af fhs oblipaYan ss- - cured Mreby eMl! at aoy time rhereaf~er be held to be a waiver of the terms hereot w of the instrument secu.cd herby_ ~ 11. In add"+tion fo the fpego:ng rnonthly psyments of pri~c'pal and interest req~:red by the prom~ssory note secured hereby, mwtgagor covenanb and agreas to pay to mortgages with tach monthly payment an add~rro+~al sum es~~n,ated by mwtgagee to be equal to 1/12 of the annus) tost of !he follow• t in~: ~ • " A--AII real property t~:es kv~ed w auessed againsf the above descr,bed resl estate. B-P~emiums on fire ~ru! wir+dstorm insurance as herein requ:red to tx ca.ried on +he improvemMts sit~ate O~ 1he sbove descriEed premises. C--Premiums on such matgege guaranty insurance as mwtgagre shsil {rom t~me to time deem fit to carry on the loan secured herobr. ~ Moregr,~ee slull from time to t~me not~fy mortgagor En w~it~ng of the amount due arv! payable he~eunde? and such wm shaU thereupon be due and Fzyable on the due date of the neat rtwnthly payment and each succe+sive moroh Ynereaftcr ur.tit mortgagee shall notify mort9agw of a charge i~ s~ch a~.:,~nt. Such sumi shall be applied by mwtgs9ce toward the payment of real p~operry taxes, :nsurance prem:ums, and mortgage guaranty insurance I o~rmiums. ' 1 / ~l WITNESS WHEREOF, the sa~d MORTGAGOR haa hereunto xt his hand and seal the day snd year iint aforesaid. ~ J;~• ~.d .nd a.~- ed - tl+. p~«er+ce ot: , V L S / aq E •q ~ -(5.+~ S ~ / fSea~ `~F:~TE OE FLORIDA SS. couNn oF St _ Lucie ~ : Before me pnaonaily appearr3 Fe 1 i x Mo s 1 e v ~ ,~,a Amie Mos ley his wife, to me well known and krawn w me to b~ the ind:vdwb d~i~sd in and who exec~ted the fwe,~oing i~?strument, and adcraw{edged before me that they executed the same for the purposes therein exprefsed. Aad fh~ ~ai~ Amie M09~$y ~ rv~fe of th~ wid Fe lix Mos leS upon a separste ~nd privat~ ~ e~an;naYNn by me take~ scparate and apart from her said hustasnd, ~ckrwwled~ed to and befwe me that she executed srid ~nstrument freely and volvir rarity and without sny compvlsion, cuntrsint, apprehens6on, or, ~fe,~u of or from her said husband. 1AiRNE55 my h~nd and official sesl thiL-~~ dsy of tober A. d. 19 ~'6 . / - l6wary Public in and for the SNSe of fiorida at lupe My Corr.miuion expires: ~ Retwn Ta. ' Np~ ~K, Slil! bf ~O~idi il ~if~t ~ F:..t Fede.,~ s~:?g. a ~w„ wssoc~.r«, L".- t~ Co,awissioe E:pira Sept. 23, i969 l ~ Of Fort P:erce. {odal y Aw:ws fin l G~+Mf Ge- ~ Fort Piette, flotida , ~ • ` ` _ r- ~ . r' - U ~ _ . ~ ' ' . - ~~LC ~ : - ' F~ ~earro RE~oRA -y ` ~ F.t=•^+3F ; ~~dUp Fy. 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