HomeMy WebLinkAbout0757 S. To plac~ ud oontirwouNy ksap on tt~t ~i!d:iys rww or }~ercahy+r s;tw~s on as.d land ~+d on ~~I pvepnwM M+d p~nonally cov~+d bq thit nwr~¢
+y~, with aq pr~m+ums tl+Kaw~ pa~i in full, fua ~nsuruxs ~n ~ha .awt :~nde.d Pol:cr fa~a ~n ~ sww approwd br tM tlkORiGAGEE. v~d vr~~ouw
~nivr«+a in tM vswl u~e+da~~ polYc~r fonn. i~ a sum k.~ o~ad Ey eM V~P~tTGAGfE. w+ wd~ company or ta~?pa~ss as ~M MO~TW?GEE nwr
~,.aar and a!I fir~ and wir~wrrn iesw+~oce pol~cKS o~ any a4 s~~d buiW:-gs. any .r,lE~Mt fI~l~lin Of pi~1 tly~lOF. in th~ ap9repaq w~? ~fore~aid tx
In eaass therwf. shNl contain ~M wual ~and:.d naa~gage~ da•x ~v such aMr clacss as the Mo.t9a~e~ may rpuirr, matug th~ K.s~ w~d~r s++d pa~
.~cs, eacA and swry. p~rabN a said MORiGAGfE as ~es in?areu mar appeu, +~eni wch and ever. sucA po~~cy shall b~ pro~npuy su ~~~ed and d~livered w
any hetd by said MpRTGAGFE a furth~r sscwity to said ma~gast d~ut. and. oa ku ~iw? 1cn ~10i datis in ad. ~nu o! ~h~ txp~ration of tach pol+cy. to d?
ro uid ARORTGAGEE ~ r~newal tMnof, ~ope~l,sr with ~ recr~pt fw tl~r prtmiurn of a.,ch renewal: and ~Mrs shall b~ ra f~n or winds~a~n inwruiu
plxsd an any of s~d bviWi.y~, any in~erest tl+eran a put thircoF, unleu i~ ~h~ form and wi+h th~ !ou payaLi~ u a(w~si~d; snd in tM ~wnt anr w~n
of moMy bec~, paYapl~ ~nda~ wch polky a~wIK~ sa,d MORTGAGEE sMH Mw ~M optan rsceiw .nd appty ths san» on account o/ rFK ind~bted-
russ a~cw~d hsreby w b permif sa;d MORTGAGOAS ro reteive ae+d us~ ir or any parf ~hrreof fw ofher pu.pos~s, w~~iwut thsrsb/ w+ivi~~q a~mpair-
~ny ~nY ~uitr. liaa~ or ight ueider or by virtue of th:s ~wrsgage: and in the evc+u sa~ MO~TGAGpRS sMU fa a~y ~eaton fail to kaep the uid pr~m~ses so
insured. a fail w dsliver prompty any of iaid p,:lieies of i~sura.iu w sald ARORTGAGEE. or fai! pranptly ro pay fvttp any premium ~hasfo? a ie any
respect fail b ps~foreti d'~schupe ea~cute. ~ffed. carnplete. comply w~rh and ~b~de by tlw covenae?t, a any part heraoi, said /NOl1GAGEE rn~y place a+d
p~y for wd~ ira~anc~ a any part thKeof wi+Aout wa!vinp w affectinp anY opt~w~, lien, equiry, w right und~r or by vi.hea of rhis AAOrtQa~. and tfie
full amowy of wch and ~wry such payment shall be immediafely du~ ~nd pay~bl~ u~d sh+ll bsa intxest han tM d~t~ the~eof until p~id at th~ rat~ ol
n~~s pa tentwn pp arrwm and togethe~ with wch in:ar_r shalt be securod by tha :;~e? of this mon9~.
4. To ~mit, oommit w wffa no wsste, impaire~nt a deter'wrat~or? of sa~d property or any put thereof,
S. To p~y all a~d siegvl~r t!w costs, chuges a~,~ ex~xnses ~nctuding a roasonable attwncy's fea sr~d cost~ of ab~tracn ai Hde. bxwred or paid at
any tims by s~id MOiZTGACsE~, becwse w in the event of the faiture on the pa~t of the said MQRTGAGOR 1o duly, promptly ~~+d fully pe.form, d~scha~~
execute. effect. compkt~, comply with and +b~de by exh and every Ihe stipulalwns, agree++~rnts. conditrons. and oowMnb oi uid promissory nof~ ~nd tAif
mortga~ ~nY O~ either. and said cosn„ chuges arid e:penses. exh and evary, sMtl be immsc~a~e~y due ~nd pay~bk: whc~l+cr w not rher~ b~ ~.o~~ d~
ma~+d. ~tremps ta ootlsct a wn psnday~ and TM tvfl anaw~t of each ~nd eve.y wch paymem ihan te~r ;nrsrei~ tran ~A~ dare rMreof unril p~~d a~ th~
rate of t?iM pK cenh~m pcy anw~; snd all said costs, charpes and eapenses incvrred or paid. together w~1h wtA intata? shall b~ atturtd by ths IiM oi tFw
morl~, . ~
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6. ih~t in the event of amr breach of this Martgage or default on tM part of the MORTGAGOR, or (b) in tM event ury of s~~d twns of ~
herein r~fwrod to b nof t snd fut y ~ ~y
promp ly ly paid wi~hin thirt (a0) deys ncxt afte~ Il+e same severati becorne due and w;fhov~ dema~+d a ratiq ;
o~ in tF» ~wnt ~ach ~nd ewry tl+e stip~rlations, agreema:ts. conditions and toven~nb of sa:d promiuory note u~d th~ t9aQt any a eithe? ~rt no1 ~
iuly, promptly and (ully pK{ormed, d;xhu~ed. exec~ted. effected, completed, compl~ed weh snd ab~ded by. ~hen in e~t any wch ~wnt tIK s~id aQ ~
pregats wm mfntiontd in said promisso~y nptt then ~emair~;ng unpa;d, with inmest asuucd, and all moneys secwsd. henby. ~hall bemnK dw and pay~
eble for~Mnitl~, Of 1hNNRN. ~t the option of said MORTGAGEE, u fully and completcty as it alt of the said s~wes of monsy w~re a~pinally tNpulafed
ro be p~id on such day, anyHug in ss~d prom;ssory nore o~ in ~his Matgage ro rhe con~ruy nony;rhsiandinp: and the?aipon a thereaftN at the opuon of
seid MORTGAGEE, witiwut notice o? dem~nd, suit at law w in equiy, therefore or thercaf~e~ oegun, enay b~ pro~ecu?ed as if ~II maeeys s~a?rad hareb/
had m~h:rlt~ priq t0 itf u?StiT~tiOt1.
7. Th~t in tM event tMt ~t the beginning of or st ~ny time pending sny suit upoa tl~is Morryage, or to Fwecloa~ it, or fa refonr? it w to ~nforp
paymero of ~ny daims haeue?de~, s~id MORTGAGEE shall apply to ~he Coun ha~;ng jw~sd~a~on ~hereof iw t!w appo~nnnent of ~ Receivu. such Cowt sh~ll
forrhwirh appoiM s receiver of sai~ mort9aged pmperty a~I ~nd sing„1ar, iacludmg all and singulH the income. prof~fs, issws and .~v~nues from wMt~vK
cource derived, tacA and erery o# which, it being exprculy ur~ckrs~ood, is hcreby matgaged as if spec~ficatly set fwth and dew~oed in thi gra~tinp and
f.abendum clauses hereof, ~nd wch ReceivK shsll have aN ~he broao and effective fu~ct~ons and powers in anyw~se entrusfed bp a Co~n t~ a Recsiver, and
s~ch appointment sh~ll be m~ci~ by wch Cou~t as an sdmitted equiry and a matter of absorute right ro said MORTGAGEE, and without nferenoe b tF~
edequaq a inad~qu~cy of the wlw of the prope:*y mor~gaged or to the sowe~ty o. insolvency of said MpBTGAGOR or the defendanri, uw! that such
renrs, profin, incoae, issues and revenues shall be appl;ed by such Receiver xcwd~ny to the lien or eauity of sud NWRTGAGEE ~nd the practics of such
Coc;n.
8. To dvly, pranptty and fvll~r perform, dixhuge, execute, effect, corrplete, comply wi~h snd sbwl~ by esch and ~very, t!N stipvlations„ agre~ment~,
cond~r'rom and coven+~us in sa;d promiuory note and this mortg~ge set for~h. ' -
9_ Thst in tM went the ownership of the mortgaged prem~ses, or any part tFKreof, becomes vestd in a person otl~ tiwn the MORTGAGOR, ths
h:ORTGAGEF, Fts avccessars snd auqns, msy, without ~o~ice to ~he MORTGAOR, dcal with such successor w ruccK~or in interat with refer~nce to this
morrgage u~d th~ debl hereby setwed in the same manner as with Nbrtg~go~ without in any way vitiaYug or d~stharping 1M Mwtqapors' Ii~bility htrt
under w upon the debt hereby secwed. No sale of ihe prem~ses hereby mo.rgaged aRd no fabea~anca on the pan ot the MORTGAGEE w its tuweswn
or aisigns snd no exrension of the time for the payment of the debt nereby secured given by the MORTGAGEE a ia successas or ~u~pns, sMN operat~
~o releau, discharpe, modify change w affect the orginal liab±lity of the MORiGAGOR herein, either in whole a in part. ,
10_ It is specificatly agreed that t6rK is of the esxnce of this contrxe and tF,at oo waire? of any obligua~ bereunder a of the obliyation s~-
cured hereby shall at ~ny Yvne thereafter be held to be a waivrr of the terms hereof or of the instrument secured herby.
11. In add~Yan ro the fo~ego:ng monthly payments of princ pat and imerest .equ~red by rFK promasory no?e secured hereby, mortgagor cov~n~n»
and agrcea to p~y ro mortyagee with each monthty payrn~nt an add~rional sum estimated by mortgagee to be eqva! to 1/12 of the anrwal tost of the foflow-
in~:
A-All resl property taxes kvird a suessed aga~~st thc above deuribed reat estate_
B-P?emiums on fire and w'u~dstwm insurance as here7n requ:red to be carried on ttie imisroveme~ts sitwte on the a6ove described premises.
C-P~emiums on such mortgage gwnntv insurance as mortgagee shall from t~me ro Yane deem fit to csrry on ths loan secured hereby.
Mortgagee shall from time ro ti~ne notify mongagor in wr;t~ng of thr amount d~e and payabk herevnder a~d such sum shall the~evFon be dw and
Fayab!e w? the due date of the next monthly payment and each successive ma~th thereaf~er ur.til mortgagee shs11 ratify mortg~gw of a chanye in wch
aTount. Such wms shstl be ~pplied by mortgagee toward the paymertt of real pioperty ta,ces, inwrante prem:wns, and mortgsye gwrs~ty inwrance
premiumf. '
j1Q WITNESS VYHEREOF, the ssid MORTGAGOR has hereunro set h~s hand and seal the day ud yeu first afaesaid.
/~~yi~av fd and del ed ' tM presence of: I
. !/V-_ Ki / _ ~ L~ ~l~ait ~~a~
- ~~~~G(~.~' 'u~~ ~~Q
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!
rE of FtoaiQa ~
couNrir oF St. Lucie
Before me personallr appeued W i 11 i a m F 1 o y d Dun n
~l Zma Faulkner Dunn ha wife, to m.e weU known ind known to me to M
rne individwb daaibed ie and who eaecuted the foregoing instnsnent, ~nd ackrwwledged before me that they execvted the sama for the p~rposes
therein ~a fh„~:~ Alma Faulkner Dunn
~~fe of tM ~~a Will_iam Flovd Dunn - a separate and pinat~
examination by me taken separate an~1 ~part from her said husband, adcnowledyed ~o and before me that she execvted sa;d instrument Freely u~d volw~-
tar~ly and withovt sny compulipn, camtreint, apjxeh~ns;on, a(ear of or from her said husband.
WITNESS my Fwd and oHiwt seal thi~ 12t1'1 ~y ~ ° A 19~
Notary Public in a~d for the State of Flwida at larye
My tomm~asion enp'aea:
Rehrm To: .
Hotx~r l~qe
First Federsl Ssvings Lo~n /lssotiation ,
i~ Pl~f. S~ 0~ ~Ofl~i ~
of fo.r Pie.ca . • , ,
~ ' ly Cowwis~ie~ E~ires Seot. 23. 1969
-~L~A~~t ; ~ : rw ~ c....~. c..
~coROEO . :
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ST. LUC{E COUMTY. FLA. ~ ; :
c~FCOR~4~~:i~ ~ f • _ _ : ;
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'06 NOV i 5 PM 3 : 3 . ~ ' ~
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. °~=~~sr:...• ~ • ` ~
:0 ~E~~: ~~il; ~ R~GS ~ ~ ~
CLERK CIRCUIT COITRT gQ~X~~g pACE ~57 ~
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