HomeMy WebLinkAbout0952 To pix~ and ca+~in~ousty keep on eF+e bu~:si~r.~s r.o,+v a l~e~e~f~a itwN on said land ~nd on ~N eq:.-~p+•~n1 ~+d peno+*stly cow~~d bY M~h wi6H! :
~7+, with aN perniwas thtrton W~d i~. fuil, fire insurance t?a ~sw1 uandard polity fwm, in • sv~ appcowd bY tlr MARTGAGEE. ~d wirdator~ ,
:nswance 3e )ly vsuai ita~d+rd pat~cY fam, in ~~;m a,,.ixo.ed er tM MORTGI?GEE. in wd~ tom~nY or ta~n~ ~ N» MORTWKiEE rM~t
a:rect; ~+d aQ fir~ u.d w~r~torm ~nsu~ane~ po:~:=c~ on u+y of t~id build~npt„ any intass~ Nw~in w wN thaaal, iw tix ~yq~pN~ w~ ~forsHfd a~
in exass tF~?cpi, shall contain tt~ uwal s:a,~dard mot~,~~~ca d.use a such o~ha cl~us~ is_ 1M Mwtg~gse may rpv:?t. m+?i~+Y tM loaf w?dK ~a+d f+o~
c~.~. ~acA u~ ~vKY. WyeW~ ro s~~d AtORTGAvEE ai ,is inf~resf may app~a~. and ~ac!? ud ~very t~Kh poticY ~-P~~^PNY +~s~Onsd a+d ddiw?ed ie ~
i
en; Mid by said MORTGAGEE u f~r~1+e~ securi~y to .aid m~~9a~ drb~. a~d. ~wt I~u tMn t~c~ (10'1 d~ys in sdvana of tM ~xpiration ol ~aeh poliel?• w d~ ;
I~vs? to sald tAOi'GACscE • ew~swai :Aenof. to~eNw witA • raoe~ot fot Ms premwee of wch r~newai; u+t) ~l+tr~ s.Mll b~ no fin or windsroren inwtu+et j
F.:xed oe ~ny of s~W F,vUdiny~, ~ey inkrsst thaein or pan thsreof, un:eu ~n tFr form and with ~M !ou paYabM w ~tor~idt ~d ie~ ~h~ ~wd1 any wu~ ~
moMY be~a~ss P~Ya~ unde~ wch pot~cy w pel~cros s.+'d MORTGAGEE sf?~q Mv~ ~M opr~on ro recsiw a++d apply tl+e weK an +ceow» of tM Gd~bt:d~ ~
ness setw~d h?+eby o~ M pern~i~ s+~d MORTGAGO~S ro rt x:ra and us~ it w any pa.t thereof (o~ ot1~e~ pwpwes, wilhoul lhaeb~ waiv:~y or unp+io-
:ng ar.y equ~fy, ikn or riQhl under w by virtus of Ihis mo::~age: ~nd in ths tvent s~~d MORTGA(30RS~sAs~1 ~w any ?N~an tail fo k~+p tl+~ said pn+n~ses W
inwred, or faN !o delivK pron+pNp ~np of s~id polK~ea of inswancs to said MORTGAGEE, w fail pr«npUy ro p+y f~11y w+y p~M?iwn thsr~foi or in aeW
n,p~a fail b p~Foren, e4scbargs,, ~x~cut~, eft~et, oomplata, ~r~ply wi:h and abid~ by tha aovena~b or ~ny put tar~of. wid MORTGAGEE w~sy plac~ +n0 ;
pay tor wcl? 1nsw~ncs-w a+h? put thtroof 'witha~ w~ivL~q ot affa~irg +nY cWion. ~i~n, squib. a~gh1 und~r a b~? virtw of tlw Mort~p~, snd ih~ ~
f~u ~namt ot wcA ~nd~war.+~ P+Y~ ~+all be immedia~ely dw and wrabl. ud sl»U b~ar inta~ fran th~ dah rMreof w+tU piid tl H~ ra» ol ;
nine per cen~ww pM aewNrn and togett~u with wch in~erest ,hali be secwed by 1h~ li~n of tM morlp+~a . _ i
1. To permi~. commit o. suffa. no waste, impa'ument or detNioration of said property w any patt the~~of• ~
5. To pay all ~nd singula~ thr costs. ch~rges +nd expensrs. ~ncl~din~ s reasonsble ~ttomeY's fe~ s~d cosn of aban+cn of nd•. incune~ a p~W j
eny time br s;id MORTGAGE£, becaux a in the event of the failure on tl:e part of tl+~- ss+d MORTGAGOR to dulp, ptornWly +~d fu~~Y p~+forn4
c.:ecute. effM. cai~pkro. cwnply wish and ab:de by each and eve?y the stiputa~ions. a~re~nts. cnndila% ~nd oowean~s of uid pro~ntasory ewN s~d thi~
mongap~ any or ei~her. and said cosn, cAuges aa+d expe~+ses. each and eva-y, sh~ll bs imn+ediatsly due and psy~bl~j wMtMr or eat tMr~ b~ aotia df i
mand, attempA to colkct a suit pend~ng; and the full amo~?nt af each and ewry wch paymen~ sh~ll beu int~rat fran tht daM tMrpf w~Nl paW at tly
r~~e o~ nirw per centum per ~rnw.~; and all srd cw~s. char9es ~nd expeoses i~+twred w paid, to~ether with sut1~ kuu~sp shdl 4~ Nwtad by ih~ IiN~ Of thi~ i
' i
mortgi~, 1
6. Th~t (a) in the eve~t of ury bresch of tlin Mortgage o~ dtfault oo tha put of tl+e MORTGAGOR, w(b) Y+ tM ~wM ~nY of s+id t~e~ d ~wn~y ~
herein refarted ro be not pranptly and fu11y paid within ~Furry lJ0) days next aSrer the ssrtK severalty btCan~ due ~nd Wyabb. witA0v1 d~ms~d.a notip.
or (c) in tla evtnt cath and evcry the stipulat~ons, agreemmts, cond~tions arri coren+nts of s+~d p.omiuwy noro and this matyap~ ~ny or Ntl~ are nol
iuly, promptly ~nd fully perfo~med, d:scharged. execured. eftected. compieted. complied with ~nd ab'~ded by, thM in titMr a any suth w~nf th~ said ~
~regate wm mentia~ed i~ said promissory note then remaining unpaid, with intaest acuued, and all montyt Mtwed. hanby. ah~ll bKwO~ dw and p~y~
able forthwith, or thereatter, at the opi~on of uid MORTGAGEE, as fully ~nd completely as ii ali of tht uid w~M of n~1ey w~M a+p~na~~y st:pvlattd'
ro be paid .on wch day, anyihing in sa:d prom~ssory note w i.~ ~his Mortgage w the comrsry notwiths~andinp: ~nd t1~n~Kwn e? thenah~r at tM option of -
se~d MORTGAGEE, w~thout norKe or demand, suit at law or in equiry, 1F1lttlOf! 01 fMfNf1N bs9un, ~nar b~ pros~cvad u ff dl ma~eya ncund Au~by
nad matwed pnw fo its institution.
7. That io ~l,e evenr ~hat at rhe bey:nn~ng oi or at any i~me pendirg any suit ~pon this Mortyay~, or to fonebs~ k, o~ to nfonn N, a to enfora
payment of any daims hereundet, said MORTGAGEE shall apply to the Cou~t hav:ng jwisd~ctiw~ ther~of for tM appointmN?f of a Rtt~ivK, wch Cowt sh~ll
Fc~thwith sppoint s receiver ot sai~ +~wrtgaged property aIl and singular, intludmg all and singular the inoom~. pofits, isfwf ~?d r~vMUq frpn wMt~vx
sa~•ce de~irrd, each and every of wh+ch, it l+e~ng expressly underuood, is hercby morrgaged +s if specifiully ~et forth and d~suib~d in thi ~~~ntinp ~nd
h3tendvm clauses hereef, and such Receiwx shall have all the broad and effective funct~ons and powers in anywi~e entrus!ed by ~ CaNt fp a R~telva, and
s~ch appoinrment shall be made by svch Cour~ as an admitred equity and ~ mafter of absolute rigl~t to said MORTGAGEE, and without nferena ro the
adequecy or a.adeqvacy of the wtve of the p~operry mongaged or to rhe wtvency o? ~~so~vencY of said MORTGAGOR a tM dtf~ndants, and tlut wch
re~n, profits, incane, iuues u~d revenues shall be applied by such Reteiver atcudinp to the I'~en or puity of aid MORTGAGEE and tM praetia of suth
Coun.
8. To dvy, prompNy sad fully perfw~n, dixh~rge, execute, effeci, compkte, comply with ~nd abid~ by esd~ and er~ty tM stipubtians„ aprNn~t~. -
conditions and coven+nb ~n said promissory note and this mortgage set iwth. ~ ~
9. ihat in the event the owncr.hip of the mortgaged prem~ses. or srry put tF+ereof, becornes vest~d in • p~raon ofha Mwn the MORTGAGOR. 1h~ #
h'OR7GAGEE, ib successors and suigns, ~nay, without no?Ke io the MORTGAOR, dcal vrith such sucussw or ~roc~s~or in i~t~rttt with nfara~a ro this
r. o.rgage and the debl hereby setu~ed in the same manner as with Mortgagp without in any wsy viti~tinp or diuFwryinp tFN Mwtyaport' Uabllity iN+~
u~der a upon the debt hereby secured. t~o sate of ~he prem~ses hereby mortgage~! and no fwbsar~~ot on th~ part of th~ MORTGAGEE or ha ~uwswn
or ass~gns and no extension of the time for the payme~t of the deot hereby securea give,. by the 1NORTGAGEE or ib sucatssots or auisnf, s~tidi op~r+N
ro re!ease, dis~?Wrge, mod~fy change o~ affea the org+nal Iiab Gry of t1+e MORTGAGOR he~ein, tither in whole o? in p~rf.
10. It is speufically agreed that rime is of rhe essence of ~his cauratl snd thsf no w~lwr of u~y obti~~tion hawnde~ or of th~ oblipation u~
c.:red hereby shall st any time thereafter be hEld to be a waiver of the terms hereof or of the irotrurtKnt setw~d hNby.
11. tn add~tio~ ro the iorego:ng mor.thlY paYm°^~s of princ"pal and interest required by the ptomissory note ~ttwed hereby, mortp~or oOwrMnt~
~~d agrces to pay ro mortgagee with eath mcnthly peyrnent an atid~~ional sum estimated by mortgayee to b~ eqwl t0 1~12 of the annu~l COtt Of th! fOllOw•
.
A-A!I rea! property taxcs levi>d or auessed agai•ist tnc abo~e dexrihed resl estate. i
B-Premiums on fire and windstorm inwrarce as Ferein rcqu:red to be urried on the irt+proverMn» sihNt~ Or. fh~ ~bov~ dlWibed pr~miNf.
C-Presniums on such mortgage guaranty irsurar~ce as mortgagee shall from t~me to t:me deem fit fo urry m the ban aetur~d her~by. _ S
Mortgagee shall from time to time notify mwtgagor in writing of the amount due and payable M?eunder and such wm sh~l) ther~upon b~ dw ~nd
, nyable on the dve datc of the ne~t month!y payment and each s~ccessive moMh thereaiter ur.til mo~rtgsgee t}~sll noti{y morfgsgw o! ~ chsrp~ In ~uch
~ >••o~•nt. S~cl~ sums shatl be apptied by morrgagee roward the payrnent of real property qxes, inswsnce p?em:ums, and mort9~ ~uar~nty Inwtant~
p'emiumt.
WITNE55 WHEREOF, the said 1~M1ORTGAGOR has hereunto set his hand and seal the d~y and y~ar fint forewid.
~ and drliv in presence of: ~r •
v n -
- Annie ~Wel? Dav_is a ~,,q
_ wi d o~t ~..n
rs..q
i
~ ~Tra7E OF FLORIDA ~
55.
couvrY oF St... . ~ _ie 1
~f«e ~~,w,,,ny +~,«a Annie Je~rell DAVis, a fri dow, ~d-
i~b ~rifr to me we11 known ud krawn b r.~t b~
tne ;r.dividua?~[ described in and wfio executed the foregoing instrwnent, and acknowkdged before me that3he~ executed the same fw the purpaes
rhe~ein enprcssed. Aw~-+fMe t~ii` ~ :
t
-~r,:fr ~f-tly-said- ~~ow~s-s~Mr~itawd priv~N
.~.am~oatioo~+~? a+~ ~akew se*a~ab.awd•ap«f-f~ow~-Mr-s~ii iKnb«~~sa~w~edge~ts+wd-behro w+r 11w1-dwtnc~vFai s~id~ns~n~neM-fn.aly ~r~d~nlar
sa~+ly iwd.witl~wrF-~sw~r ~wp~MMnr eowsksi.,~'ppre6ee.sie ~ fesr ef-er-fienr I+er sld ievsbondr
WITNESS my IWnd and official sesl thi day of ~
w~ry Public in and for the Stste of Florid~ ~t tuy~
My Commiuion exF+res:
~ Retur~ To: . . ..::,r.~~, -
~IL. ~3t! 0~ F~011di i~ ~if~!
Firtt fedefa~ Ssvingi a Loin AssoCiafioo ``~~~,,~.P ..s;..~ ~^'~tbi,~ ~
~ Oi Fwt P:erce. ~ ~ ti =
' ' . • 1~ (~a~si0~ Expi~ls $e~. 1969
Fort Pierce. Florida ~wM~ ~t Ar~icy f%! f~ C!9!M1. ~
FILEO ANO RECOROED - ° ~ _ . - - - ~
ST. LUCIE COUNTY. FLA. - - ~ ~ -
~ RECOR~ VERIFIED - .
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~ 150110 . _ _ :
~o ~IOV 18 PM 3 : 37 ~ ~ - - ~ ;
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a~~~a j-o~TR~s goox159 P~~E 352
CLERK CIRCWT COUR? f - ~ ~
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