HomeMy WebLinkAbout0378 y~. w=rA,a11 {+neyv~ ~~to~ ,~sd f„ll,•i`• avu«ko^o tt~t ~fuai s~an6aid po:.c~ fonq in ~ au~n ~or~d M t!~ MC+TGI?tistE. and wu~dtwrm
Nwr~nct ia ~M ~w~al uanriud pol.q farr., ui a s4~•, .,:~~o.rd b~ ~'+s MORIGNGEE. ir wch co~P~^Y a+ c'~P++~+~s u th~ 1MORTGAGfE au~
dnca; ~e~d a11 (ir~ ar?d w+vba~~w wau~arca Fai.c.rs a, any ol ~aid bw~d.rq~, ~ny in~as~ ~ha«in a pKt ths-eol. 1n Ny ~?D~e~+~~ sww ~faraaW a
in •ncpa M+Ywf. sMll oonewn ~M uwal ua~-dud ~.,o~ ~L ~e+ c.~se a wcf~ aMr dws, u~M Mor:9~ rruY .pwn. ~wi'+^0 dy 1as w~ a~d Foli~
.:ea. eatA v+d ~rxy. Mrabla to sj~d AIWR(W?GEf n~a u~trrrit nuy ~ppcar. and eatA and ~very wti~ PoIKY sh+U be pompH~r ~at.~,ntd and d~iv~t~d q
e.,y held by sa~d Mf~TW?GEE ~s fv.~he. serv.~ry ~o s~~d ~~a~gage dcbt. an~. no~ ~eu ~hen 00) d~y~ ~n adrane~ d rM ~apKation of ~ach poi~cv. b dr
t~Yer to uid MORTGAGEE a rK+ewal ~ner~of, wpe~hka wi~h • rece~pt fa ~fis pr~+nwrn ot ~ucA rH,ewd: ud ~hrr~ s1+a11 b~ no f"a~ or wa~da~o~m intiwanu
r:xed on any of sa~d bu+Idu~ps, aey [ni+.rst thxretn or parr th.,-reof. vnfess s~ the fon++ ~nd witA ths bsf paYabk M~fOn1f~~: a~ in f}N ~w~t +Mr s~
of marwy beco~,ws parab~ uRda wch po~icY w po~~ws said M~RIGAGFE shall M~~ ~M op~~a? ro nccvr~ ~t.d ~pply !M iattA OIf KCOW1t O~ tIy G~aff~
n~~: u~~ed M~~y w ro~~~ s+d MORTGAGORS ro reu~.• a~~d ua~ it a aay pa~t ~hareof fot oihe~ pwposss„ w;~hou~ ~haeo~ wai~i~.Q a~mpair-
~g any eQuity. lisn w rght u~ o~ by ~irrvs of ~h:a mo::ga9e: and in cM evem sad MOxTGAGORS sMll fw ~ny nawe~ fait to kkp tM a~id pra?.isa w
.~eurcd. w fail b deliva~ promptly ~ny of said po:KiM Of insur~~ci ~o aa~d MORTGAGEE. « f~a~ aorwth ro ar to~y ~ny p~een~un~ thu~tor w in any
resp«~ f•~~ ro pe.fam~ d:uharg~. eaecv~s. eifsc:, compters. cornply v.i~b u+d ~bid~ by this covenaer. or any P+?~ Iwhof. said MORTW?GEE ~n+Y p~ac~ ~~+d
Fey fa sud+ trowance or sny pa~t thereof wi~t+out waiving or ~ffact~np any optan, lien, pvity, a?iphf w+dK w by vi~tw of tAis Mort~p~ and tht
t~i1 amocxd of each arn1 ~very s~ch psyme~t shatl be [nrnedi+tely dve ~ payabl~ and sh+ll bsar intK~st (ran th~ d~t~ thenof uotil p+id a~ th~ r~N ol
n~ne pcr esotum pK annum and to~eth:r wiih :uch interrst shaU b~ srcured by th~ li~e? of this mort~+~e-
1. To pe~mit, commit or sutFa no waste. irnpairmcnt w dcter~oration of said property a any p+rt thH~of.
5, To p.y dl snd singul+r rlr costs. chuprs ~nd e:psnxa, intiudiny a rc~saWWe ~nornsy's fN u+d eosn of ~bitracct of tid~, incurnd or pald at
any tire~ by ~aid NIOQTGAGFE. becavt' w in ~he ~vear of ~he fa~turo a+ tM pa?t of tM s+id MORTGAGOR to duly. ~ompth ~nd fully paforn4 dixh+~
>,ec~te. ef(ect, complete. complY w~~h and ab:de by each and every ~hs snp~,tar~.ns, ayree+nenn, cond~~~o~a. u+d oov~naon of said promiswry nof~ and this
:~crrgag~ any p either. and sa;d casfs, charge~ and expenses. each ~nd every. ihall be imrt~edi~tely due and pay+bl~t whethN or no~ tl~~ b~ r.otiu d?
r„and, anempt b toilect w suit pend~n9; and the tull amount of each and every such p~yment thall bear intK~st frpn tM d+t~ ther~of untA p~id ~t tM
~,re of nine pec centum per uuwm; and alI so~d costs. chargec and expe++ses i++curred w paid. togethet w~th wch inlerql. slwll b~ s~cvred by tM IiM oi tha
mcnyagt.
b. That :n rh~ event of any breach of th~s Mor~gape w default on the put of ihe NIORTCAGOR, or (b) in t!?~ ~wnt a~y. of s+id sw~ ef maMY
here~n re(erred to bs nol prompily and Futly paid vrithin fhirty (30) days neal after Ihe sams severally bKOm~ dW ~~d payabl~. withOUt dvn~nd Ot wOfio~.
or ;c) in tM event each and every ~he snp~,~a?~ons, agr~en,enn, caiditions and covrnants of sa~d promissory note ~nd th~s maroa9a aoy or ~ither art no~
ivt,, promptly and (ully periormed. d.uharyed. exauted. effected, compkted, canpl~ea with and abided by. ~hen in ath~t or c~1? s~ch wMt tM +~'d +P
q~egare wm mentaned in said prom~ssay r.ote then ~ema~ning unpa~d. w~th interest acuued, and 3U montys sttwed. h~~~by, ahafl b~tweM dw and PaY~
ao.e for~hwith, or lhereafter, ar ~he opr~on of sa~d MORiGAG~E, as fvuy ~nd c«nple~sly as if s!I of the said su~ns of momy w~.~ apinNhl stipulat~d
to o~ paid on such day, at~ythirg in sa:d pro~n~sse+y note a in fhis Mottga9e to the conrrary notwithstx~dinpt +nd tlNrsupOn Ot thHeahK ~1 fIN OptiOn of
s~:d MORTGAGEE, without not~ce w demand, wit at law w in eq~ity, therefore or thereaftH begun, tn~r b~ pro~etutd ~s lf a~~ mo+Kl?s +~u~d MnbY
n~d matured prar ro its institution.
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7, lhat in the event that st the beginninq of or at any time pending any wit upon this Mortyape, or 1o fo?~doN h, or fo rtfOrm h, Or fo MfwC~
,:.ar•ment of sny daims hereunde?, said MORTGAGEE shatl apply to the Cou.t having jurisdiction theno: for tM appointmMt of a Rtc~ivtr, wth Cowf sAall
fcrrhwirh appoint a receiver of aai~ matgaged properfy all and singuts~, incl~d~rg atl and sinyular tl+~ :-:an~, p'C~its, t~suts and nwrtue~ from wMf~vN
s~v~ce derive~, each and evtvy of wh~th, ~t being expressly unders~ood, is hereby mwtgsgaa if ioeu{ica!:y aet foAh ~nd d~wib~d in thi ~~t~~inQ and
hnbendum tlauses hereof, and such Receirer alr~li have all the broad and effedive fonctwns and powers in anywis~ ~nhustK! by ~ Cowt f~ a RKtivsr. u?d
r_ch appointmenf shall be madr by such Court as an adm~r!ad equity and a matte~ of absolvle rigM b said MORTGAGEE, ud without nfennc~ b fM
ad~~quacy o~ in~dequacy of the value of rhe property mortq~ed w to the so~vency or insolvenc~r of s~id MORTGAGOR o~ fhe d~f~nd~nb, and thaf sueh
r~-~~s, protits, income, iuues ~~+d revenues shaN be apptied by such Receiver sccwdiny~ to tAe tie~ or equity of s~id MORTGAGEE ud 1M practiu of suth ~
Court. _
8_ To duly. promptly and fully pe~fwm, d~stM~ge, execute, ef(ed. complete. tor?~y?IY with snd abid~ by sach and evtry tM stipvlationa, ayr~Mf, ~
condrtions and covcnaMS in sa~d p~omissory note and th:s mwtgage xt forlh. ' • ~
9. TRat in the event the ovr.xrship of the mortgsged premises. a any part thereof, becane~ vest~d in a p~rson other fhan the MORTGAGOR, t1r
~RTGAGEE, its wccesson and sugns, may, wiihout no~ice ro tF+e MORTGAOR, deal with such tucc~ssa ot M+ce~ssor i~+ int~nat with ~~ferentt to tlw ~
o~rgage and the debt hereby setured in the same manner as with Mo~rgagor without in any war vitiatinp a d'~sthuyinp tM Mott9spors' INbility hNr
rd~. or upon the debt hereby sec~red. No sale of ihe prem~ses hereby mortgagcd ar.d no fwbexanu on tht part oi tM NWRTGAGEE or fb waessors
o: ass~qns and rto ex~ensron of the time for the payment of the debt hereby secwe+~ 9iven by the MORTGAGEE w its succ~ssort u ~st~pM ahd! oper~t~
rc re!ease, dixharge, rtadify change or atfect the oryinal liao~lity of the MORTGAGOR hereiry either in whok or in parf.
10. It is specifically agreed that time is of the e:xnce of this contract snd th~t no w~~ver of any oblipstan herwnder or af fht oblipatioe N-
c~red hereby shall at any time thereaftcr be held to be a waiver of the terms horeof o~ of the instrumsns seNnd Mrby -
11. In add+tion to the forego:~g month}y paym~nts of , rinc"paI and interest rcquired by the p~omissory oole secured !~ereby, morfpagor oownanb
~~:d agrees to pay to mo:tgagee with each monthiy payrnent an adduional sum esr~mated by mortgagee to b~ eqwl to 1/12 of ths annu~l tost of tFK follow-
~ng:
A-Atl real prop~?fy taxes levied or assessed agaiost the above descri~xd real estata
B-Prem~ums on fire and windstwm inwrar.ce as here~n reGu~red to be car~i_d on 1!x impn~rerewnN sitvat~ on th~ ~bove deuribOd ptlmiNS.
C-Premiums on such mer~gage guaranty insurar,ce az mortgagee sh~ll from rtme to time deem fit to urry on the ban sKUr~d her~by.
Mortgagee shall irom time ~o i~ne ~otily mortgagor ~n wr:t~ng of the arr.ount due and pay~bk hereue~de~ and tuch sum sMll there~pon b~ dw ~nd
Fa,~ble on the due date o` ~he ne.t menth:y payment and each success7ve month thereaiter ur.til mortgsgee shall nolify mortgsgW of a tFt~•_;s L~ ~uth
o~nt. Stxh sums shall be applied by moitgagee ~oward the payment of real propetty tsxes, intwsnce ptem:urtts, and rtwrt~~ QuM~n1y insurant~
_ ni~ms.
WtTNESS WHEREOF, tFr_~ w~d !~'.QRTCiAGOR has herevmo set his fiand and uaI the day u+d ~rear fint afor~said.
' ignsd e led and eiiv r in ihe p+esence o!c /
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5 ATE OF FLORIDA ~
ST . LUC IE
~JU'VTY Of _ (
a~fae ~ peno~ully appesred Howard W Metzger .~a
Ftorence D. Metzger h;, W;f~, to me well knawn and knawn to me to b~
the individwls desuibed in and who executed the foregoirg instrument, and acknowtedged before me that they exea?ted the same for the purpose~
,~,~,e;,, ~,~a. a,a tr~ ~;d Florence D. Metzger -
w~fe of ~d Haward Y. l~rtzger - ~.~..ne .~a P:rv,~.
e.am;naYron by rn~ taken separate and apa.t from her said husband, ~cknowledged to and before me that she e:ecuted said irotnwnent freely u~d volun~
rar~~~ ared without eny compulsion, constraint, apprehens~on or u of or from her said husbsnd.
WITNESS my hard and oifitial seal thi day of O 1' A. D. 19 66
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N ary Public in and fw the State of fforids af Lerp~
~~tttc::t:;ct~r.: My Canmluion ~:pires:
Return Ta - - t~0~ifr'1~, ~it! O~ HO~f1di at ~if
; First Fedeal Ssvings 3 Loan AssociafNn ~~G 9~
~ Of Fort P~erce. ~ ~ ~ ~111KS1011 E7[Prlt 23. ~by
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~ REG~~R ~ -
~ FIL6D AND _ • - . :
COUNTY. f~• ~ '
ST. LUCIE _ - : E-. t;j ~ ~ ; ~ =
- P.E~O~~ VERIFIE~
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CLERK CIRCUIT COUR7 r E~~~ 5 8 P
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