HomeMy WebLinkAbout0380 e~. w~Ih,~ P~~`~MM dNrwn ~P~+O a+ fvt1. f;r~ in:w~xt ;1+ ~h~ osu•1 s~~nd.+~d pot.c~ fotrA ~n ~ wrw ~po~orwl by t?t AM71t~GAG:E. ~+o ~rwioNaw~
~~wr~na in iM vw+l s~andae+~ pdsy fanR in • tw+~ +pFro~ed py rM AAOAiG~1GEE, in svcl~ ux*+D+~~r « ta~e+ ss r'+e YDRTGAGE~ ~a11
u;.eui ~nd NI fw ~++d w~ndsio~ ~wrance po~:c~+t on aey of u~d bui~d~, ~nY ~~s»st tiwe.n w pa~t ~he.eof. in +i» spq~a~pa« swn ~lat~a+o ot
t-~ •aau tMrool. tl+all ca?Nw tM ww! ~andard mort9+9t~r c1avH a wc~ o~hsr clsw~ as ~M Nlory~apet may reqv~e. ma?inp th~ bu urder tad Poli'
c:H: ~ad~ ~rd ~wry. paYaWc q wid MORTGAGEE as ~n ~nierest may appw. and ~acA sno way aucl. pol,cy 4"~all b~ ~anp~~Y +ss 9^ed +^d d°~i"Kad q
any M1d by sa:d N101t1GAGcE a fur~ha s~cw:ty ~o said ~nw~y~ drbt, and. nat tess ~h+n te~ l10) dap in advance of iM e,cpira?ion of ~acA polKy. w d?
I~v~r M w+d ARURrGAGEE ,~~wai tlwreof. ~oqal+K wi~h a ~ece~p~ (w ~he wMU~m oi :~ch vw+ewal; ~nd ~here shall b~ oo fa~ a wi~dsta+m i~wranct
pl~ced on anti d u•d bui'd~nps, any inter~st tMre~n o~ pa+t thweof. ~:~k~ss in tM fam and wi~h ~M lou psY~b~f ~1 ~fOrOSOidi ~nd in tM ~~t ~ny suen
oi mon~y b~co~es paY~~ w+dM w:A policl? a policiw stid MORTGAGEE sMil haw 1ha apr:on to ~ec~w and appty tl+~ wn~ on accoun~ of ~lu indsb~ed
neu s~turtd hNeby a K, pKmit said MORTGAGORS fo rKeiw and ua~ it ot a~y pul lhereof tor ? he? purpeses, w~~ho.it tAarcb~ wa~vi~y or ~p~u-
,-,q snY eq~;ty. I;M or rK~f+t urKler a by virtw of ~F.is mor.y, sye: ~nd in th~ evenf ~a:d MURTGAGORS sh,ill iw u~y r~ason fait ro ktrsp the s+~d p?N*ise+ so
insured, or fail w d~Gve~ pranp~lY ~nr of sa+d policies of iosurance ro said 1NORTGRGEE, w fai! prompNy b pay fufly ~nY premivm therefor ot in ~ny
re,~ea fail a p..fo~~n, d~scl+args. ~:ecvte, ~ffect. canpl~te. comply w~rh ~nd ab~ by ttus caYen~+~. a~ny ps~t hereof. said MORTGACa~E may p~+c~ and
pay fa such irawa+~ a~+ ~ny put 1hKeo( wi~hour w~ivir+p w~ifectinp ~~y op~io~, lie~ equity, or ~~phr undN a oy vi.tw of this Mutpap~. u+d •he
4uil amour?t of sach an~l ewrY wch WYmem sMll b~ imnecli~tely dw and p+ysbM and sh~ll beu ~nte~est tran~ th~ dab ~hc~sof v~til p~id ~t M+~ ~at~ ol
„„e pN anrum pu uuw.r ud ~oq«ha. with ~uch interes~ shsll be secvred by tM li~n of tha mwtQape. ~
1. To pern+it, ear.mit or wffa ra wast~, impairment a detereor~tioei of said prope+ty w+rW P+rt thereof. ' !
S. To pay ~II and stnpvtar tM cwts, clwrga +nd expensas, includirg a roesonable ~ttwney's fse snd cosb of ~bshscts of tid~. incwr~d w p~id s~ !
,ny Yun~ by iaid NtORTGs.GEE, b~caus~ or in tht ~vent of Ihe h;lurs on d+~ ps~t of ~M said MORTGAGOR w du1y, prnmp~ty and fullY pe.fonn, d~xhu~ :
?xecut~. tfhd. comp:et~, ~ompt~ w~~h and ab:de by sxh and evrry the s~ipulations, :9~eemenn. cond~tiw+s, and eowna~?a of said pom+swry not~ and ~t~ t
e
morrp~ aoy or ati+or. ud said cwta. chu~a +nd expenses, eacfi ae+d every. shal{ bt immadiat~lY d~.~e and p~y~ble: whether a not ~he:s be ~~w~u da
mand, ufemp~ fo oolka a wlt p~ndiny; and ~M full arnoum of eacA aad everr s_:k par~~~ shatl bea. intorest from Ih~ d~te ihereof ~,n~il paid th~
rore af nita per eentuen pe~ ~tiw+n; and all said costs, chuges and expensss :ncvrred w paid. roge~het w~th uxh intsr~at, shall b~ sew~ad b~r tl» lieo oE tha ~
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b. TMt (a~ in the event of anp bnach of this Mortgage w default on tlr part of the MORTGAGOR, a(b) in th~ ~vent sny of s~~d swns of morwy
hr.~i~ ~•f~.r.d ro be nw P.arwrly a~+d ~uiN P+d wit:~i~ thirty (30i days ~ex~ afte~ the ~me ieve~iily become dve and p~yable. without demand o+ notice, ~
or (c) In tM ~va~t ~ad~ u+d every ~h~ stip.r4Yra+s, agreemer?ts, cor~ditans a~d cewen+na of sa~d praniswry nwe and th~s mort9a9e any a ~ither +re no1
iuty, promptly and fully ps~formed, d'+xhar~e~, ~xecutecl, effecsed, compl~red, con+pl~ad wNh a~+d abided by, then in ~i~ha or any such ~wnt tM iaid p~ ~
pr.yste wm mentia?ad in s+id ~xomiswry note then remaining u~paid. wit!~ intntc€ atuued, a~d all manays ~stured hereby. shall becwnt dw and pa1/~
ebl• fwthwith, w tMrsafta~, a~ th~ option of said MORTGAGEE, ~a fvlly snd comF?leiely as if ~II of the sa~d sw~a of ma~ey wero wi9inally st~putired ~
to b~ pa~d on wd~ day. snythirg in ss~d promissory note cr in this Mor~page to the contrary notw~~hstsnd~np: u~d thereupon or thereahe~ a~ rM optan of j
•e~d MORTCsAGEE, without notice a dem~nd, wit at law w in equib. therefore or tl~eafta begun, may b~ prosecvad u if aIl ma~eys secured hertby ~
naa marwed ~a. to ~n tnst~n,ua+.
7. That in ths event • tMt at tM beginning of w at sny time pending any wit upon l9~is Matga~e, w ro iweclos~ it, w to refam it, o~ ro enfora
paymcnt of ~ny al~ims haev~de~, s~id MORTCsA;.EE shsll apply ro the Cowt havirg 'ryrisd~ctan therwf for ths appo~Mment of a Reteiver, such GouH sMll
Forthwith sppoint s recriver of sa~ mott~aged pnw!.ty aN ~nd singular, includ~ng all and iugulu ~he income, p~of~n, issues u+d revenues from whatevee
wurce dsrivsd, each ud every o which, if beirg e~cpressly unders~ood. is F+e.eby mo.rgaged as if specufic~lly set fath and described ie~ the prantinp and
haben~vm clauses Fx~eof. u~d wch Recaive~-s.~all have ~II the broad snd effective funcuons and r.~,..°-s in ~nywiu entrwted by • Court tp a Receivar, and
wch appointma+t shall b~ en~de by wch Caurt u an admined eqvity and a m~tter of absolute ri.~M to said MORTGAGEE, and without referenc~ to th~
adeq~acy o~ i~sd~qwcy of the val~ of ~he property mw~gaged or to ~he sonrMCy o~ insolventy of ~~d ~+?oarGacoR o. the defendann, ~nd ~ha~ such
renrs, profin, incorne, iuues snd rwenues sfiall ba ~pplied by su=h Rnceiver accord~n~ to the lien or egvity of aaid MORiGAGEE uw the practic~ of such
Court. .
8. To duly, promptly ud fulfy perfam, dischsrgs. eaecute. effect. complete. comply with and abide by each and every the stipulaYwns agreert~sots,
condirioro and ooveewnb in s~id prom4sory note sod th~s mwtgage set forth. ~
9. That in tha tvent the ownership of the mortgaged prcmaes, a•ny part ~hcreoi. beco~nes vesred in ~ perwn o~he. than ~hs 1KORTGAGOR, tM
MORTGAGEE, ita tucceswn ~nd aug~s, may, without notice to the MORTGAOR, deal with such suuessor or wccessw i~+ interest with reie~~nce to th;a ;
mortgsge and the dtbl hereby setwed i~ fhe s~rne r.wnner as with Mortgagor without in any way vitiatinp w dixh+rg'rt+g the Morty~gors' li~bility her~- i
under w upon the dcbt hereby secured_ No sal~ of the Fremises hereby mortgaged and no fubrara~ce on the part of the MORTGAGEE or in successon 7
or assiyns snd no exrensan o( rhe time for the psyn+em of the debt hereby secured give~ by the MORTGAGEE w its successws or ~ssiyns. .ha~~ operat~
ro reteau, discharge, modify chargt w affect the orig~nal liab~lity of the MORiGAGOR Fxrein, eithe~ in whole or in part.
10. It is apec7ficslly egreed that t~me is of the essence of ~his contract and th~t oo waiver of any obtga?an herevndcr or of ths oblipaYan se-
cvred haeby sh~ll at sny Yune thereaher be held to be a wai,rer of the terms he.eof a of the instrumeM secured herby.
11. In additien to the forego:rM mw~thly paymeros of princ'pal and interest reqvired by the promtuory oole sttured hereby, rtwrtgagor coven+r?b
and agraes to p~y to mortgsgee with cach n+onihly payment an addiiio~al sum est~mated by mortgagee to be equal so 1/12 ot the an~wl cost of the follow-
!ng:
A-All real property taxes kvied or assessed against the above described real cstate. _
B-Premiums on fire and windstwm insurance as FKre~rt requ:red to be carried on the improvements sitwte on the above desuibed ptemises.
C-Pramiums on wch mortgage gwranfy insurance as mor?9agee sh~ll fron~ t~me to time deem fit to carry on the loa~ secured hereby.
hlortgsgee shall from time to time notify mwtgagor in writing of the amount due and payabte hereunder snd s'vsh sum shsll thereupon be doe and
Fayable on the due date of the next monthly paymertr and ~ach successive month thereafier ur.til mo%tqsgee shatl notify mortgagw of a change io svch
amo~nr. Such sums shall be applied by mortg~gce toward the payment of real property ta~ces, inwrar?ce p~em:ums, artd mortgagc gvusnty inwnnce
premiums. -
~ i 1N WITN'c55 WHEREOF, the said 1MORTGAGOR has hereunlo set his hand scd seal the day and year firsl ~foresaid.
~
~ ' ned, akd and deliv d i th~ presence of:
~ _ ~
e ~ - (S~aO
~ ~n
cs~•~
,
sr oF FWrtio~ ~
ss
~ couNn oP St... T,11C i 8
aefo.e me ~rwrwuy ~e~ed R T. Fourl A r .~,d
E~ t@ 11 @ FQ wl e r h;s wi(e, to me well known and known to me to b~
rhe individwb described in ~nd wha e:ecuted rhe foregoiny insuumenr, and adurowledged 6efom me that ~hey e~ceated rhe same fw the p~rrposes
rhe~ein e~cpressed. And the ~aid Estelle Foxler
N ~ f e of the sai~! R L Fo Wl e r - s separate and privst~ %
examinaYan by me taken separate and apaA fran her said husband, xkrawledged b and be:ae me that sl~e execvted said irutrumeM freely and vdur?- ~
tari{y and witl~out u+y compulsion, constraint, apprehension, or ear of or from he? ssid husband. -
WITtiE55 my hsi+d and offecisl seal thi day of A 19_~1~. ;
~
_ ~
Notary Publit in u~d fa the Sute of Fbrida at large f
``i~~,::~:. My Com:r?iuion expues: #
Return Ta , Notary Pu61'K, SUte of Norida at luge ,
~ Fint feder~) Savings a lOar1 As~OCitfpn V~~~~~s~. v s~~',
~ ;`C v~,.,, My Comeussion Expira: Sept. 23, 1965
~ Of fort P~erce. : ..~0 ~o.~d b Aaw~c.p f:. a c+w?r c.~. - :
~ Fort Pierce. Florida ' r'-~ 4 p ~ ~
~ F11E0 AND RECORDED _ ~ ? y ~
~ ST. LUCIE COUNTY. FLA. ; r ; t
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~ CLERK CIRCUIT COURT ~ - _ ~OOX~V~7 PACE ~OO ;
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