HomeMy WebLinkAbout0954 3. To pi~u s+id oontim+ouslY l~ap on tM bu~id~egs eaw or +r.eafta s:tw» on sa~d I~~d ~+d on al~ equiprnNM ~+d p~+aon~IN wva~d ~11 tl+is aewreQ~ i
sg~ with all pan+i~wm d+awo p+id in fut~, t'u~ feu~wana u+ tht utval s~s~aixd po~ky fwm. iw ~ swe apqov~d bY +h~ MORTGAGff. ~+~d wi~rorm ;
6~svraia in tM uswi atanda~d Pd~Y for:+~ in a swn ~p~proved bv tir- A1~.^RTGAGEE. h wch company w aoinP++.:ea ~t t!r IKURTGALiEE rrsy ~
d~r~ctj ~nd all fih u+d w~xlstorm inswann pos~uas on an~ 01 s~~d buli~i.nps, any te?aast the~ein o~ pat tMreof. In tM ~p9rs9at~ swn ~tore~sid a~ ,
+.ti sxaa 1lw~o1, sh+ll conain th~ wwl uandaad ma~ya~a d+uk o~ such o~F+x clavs~ +i the Mortyaya~ maY rWu~n. nwlw+p ~M ~os~ u.~d~+ u:d pa~~ .
~sch ~nd wNY. WY+bf~ ro said N10RTGAGEE as in interest may appes.. and each ~nd eve.y iuch policy shall b~ pm+*WIY +ss~sd a~d d~lsve+ed a ;
.ny hsld by said MORfGAGEE a fwrMr security ro s~cd mor~ps~ oeW. Lnd. nw t~ss ~hu? ten (10) days in adv~u of the txpirat~o~ ol tacA policY. w dr `
tiver ro s~id MORTGAGEE • nn~w+l IMrwf, top~the~ witA e rece~pt for the prem:we oi wd+ ~e+~ewa1; end thcY~ s1+a11 bt no Fu~ a wi~~di+oran inswanu ~
placed on ~nJt oE said b~?i{dirgs, any ie~tK~st thenin or p+rt tlvravF, w•~sss in Ur form ~nd with tiN bss p+Y+bl~ +s ~fa~sa'd% +"d i^ tM ~w+~t +nr win 4
~f nan~y 6~ea~wa paYaW~ w+da weh poliey a Pd~ci.a iaid MORiGAGEE sMU have ~i+e ope~on w.euiw and ~ppy fM w+~e on .ctoueu of tlw ~+debt~d _
neu s~ax~d Mrtby a ro pwmit taid MO~it3AGORS ~o reoeive ar+d us~ it or any psrt tAereof fo~ oths~ pwp~ss. w+~hovf thrEb~ waiv~~y w unpak- ;
irg any puity. iwn a~ght w~de~ w by v4tw of this mortyagr, xnd in tM ~•:nr sa~d MORTGAyORS shall For any reafon fail w krrp rM u~d pr~misa so ~
inwnd, a fatl b detiver promptlp ~ny of s~id policies o) insurance to said MORTGAGEE, a fail promptly to paY fully any pr~mium thaefa w ln sMr ~
rtspect fall b pKfw~, d'~sch+r~. uc~tvt~ effM. comp~~ts, comply with aod ~b.ds by this cown~nt. or any pui he~wf, s+~d 1r?ORTGAGEE ma~ p?+c~ +~d
paY fw sucA insw~nc~ w ~rnr p~t ther~of without w~ivirg o~ atfettinp anY optia+, li~n. eq~7hl. a~~9ht u~da or by vi~h~e of this Mat~s~, and tM
f~ll ~mowr of ~~ch and wery wch payment sh~ll b~ imm~diately dw and payabl~ ~d sh~ll b~a~ imaest from tM dat~ ~he~eof uniil pud ~s ~hs r+N ol
n~n~ pK oentum pK ~mwe and together w~th such in+aea~ shsll bs secvnd by the Iwn of this mort~.
1. To ~L oonunit a wffa no wsst~. imP+irment a de~eriwa~ion of said property or any ya?f thereof.
5. To p~y ~II and sinpvlar fh~ costs, ch+roes ~?d exPe^+es. ~ncludn'9 a resson~We a~torney i fe~ u~d cosb of abatract~ of titk. incwr~d w p+k! a~ ~
•ny tirn~ by aaid MORTGAGEE, b~caw~ or in t:.~ svent of the faiiure on the p+r1 of th~ said MORT~iAGOR b duly, promprh and fvlly p~.fonn, d~schar~ ~
sxccur~, dfsa, c«npkt~. aomplp w~th snd ~b~de by ~ad? and every ~he ~ripulatiau, ag~eements. m~d~riaw +~d oow+++^b of ~aid pranissay not~ tnd thit
mort9ap~ N~y p M11a. and a~d eoi~s. chu9es ~nd ~xpenxs. eacF: and e.ery, shall be immediaiely dus er~ plysWe: w1+e~Aer or not ~Mre b~ aot~u dt
m~nd. ~ttempl to oo1Md or wN pMd'npt ~nd th~ full arr~o~nt of each and ws+Y wcA p~ymaa sha11 b~ar io~~nst fran ~M dst~ th~rwf until pid at tM ~
rare a+ ~uw pN eentum per arowm: u~d ~II said costs. chu~es u~d expenses ~nax~ed a pa~d, wga~her w~~h wch fotuuL shaU b~ s~cw~d by tM IiM+ of tFw
^wrt4a0w
b. That in th~ evem of any breach of this Mor:ga~ a default on ~F,~ pa.t of ~e~e MORTGAGOR, w(b) in tM w+nt any of a~d swm of mon~y
henin nf~rt~d to b~ taf p~a*~ptlp aed F~lly paid within thir~y (30) days ~ex1 aftt~ the sam~ cevaally becant dw u?d Wyabl~. without deaund o~ notic~.
or tn tM ~wnt each ~nd ewry the itipulatioru, agreamenn, cond~~ions snd coven+nn of aid p.om~ssory rate arw! ~!w matpp~ any or e~tl~ ~re ea
iuly. promptly ~nd fully p~rfa~+sd, d~schsryed. executed, effected. completed, compl~ed with and abided by. than in eitks~ a+ny such ~wnt tM s~id ap
gre9at~ wen memiorNd in uid promissory r+ote then remaining uno?~d, with inicrest accrucd. and atl moneys s~cwed. Mreby, d»II b~oonw dw and p~y~
ao~• fwfhwit}y a ri»t~after. at ihe option oi s~~d 1~t.ZRiGAGEE. u fu!!y ard car.g'sselY as ii a!1 0! ?he sa+d swwa of nwney were apin~lly stipulated
to be paid on svch day. anytAinp in said promisawy not~ or in this Mortpaye to the conrrary notwithsundir?p: and tMreupon w thereahar at ths optan of
•e~d MORiGAGEE, without iwtia w dem~nd, wit N law w in equiy, fhe.efore a the*eairer beg~:n, may b~ prosecut~d as if all monsys Mau~d Mr~by
hed matw~d pr'a~ to ib irqtitution.
7. Th~t in tM went tMt at th~ be9inni~g of or at any time pending sny svit upon tFws Vlwtysg~, a to for~clos~ it, a to nform !t, w ro enfwoo
Fayment of My di~ harwnde?. said MORTGAGEE shsll apply to the Court having jw~sd~tYwn theriot for tM appoiotment of a Retaver. wch Court sh+tl
Forthwith appoint ~ r~aiwr of si enortpa9ed property all and sugula?. includ~ng all and singulu the incaoe. profits, iuues +~d rtwnues fran wh~t~wr
wurc~ derived, ~ad? and ewry o~whKh, it beinp expressly unders~ood. is hereby mo.~gaged u if fpKi~itilly f!t fOrtF~ ~f~ dlfUillld if1 MN Q+Mfiflp ~
hatendwn d~was hereof. and wd? ReteivK shall have all the bro~d and cffective funcuons and powcrs in anywise entrusMd by ~ CouH tp ~ Reuiwr. ~nd
~uch sppointment shall b~ mul~ by wtM Court u a~ admitted eqviry ~nd a mancr of absolutr rght ro s+id MORTGAGEE. ~nd without nfer~nce to tl?~
edequacy or 4~ of tM valw of the p~ope~ry mortyaged w to the so~vency o~ ~nsolvcncy of sa~d Mt~RTG~.GOR w~tM defendants, aed tMt svch
re~n, profin, iu~?es and nvenws shall be spplied by such Receiver accord~ ~o the lien or equity of s+~d MORTGAGEE a+d tM practic~ of such
LCW IT.
8. To duly, pranptly and fvlly perfu~n, discharye, execute, effecf, complete, comply with a~d ~bide by each and ~very 11» stipulations, ~yr~nts„
ce~d~tiorn and oovenaots in said promhsory note and ~his mwtgsge ser iwth. '
9. ihst M tM event the ownership of fhe mutgayed prem~ses. w u?y part. the?eof, becanes vestd in a person othet th~n ths MORTGACaOR, th~ i
AtORTG/lGEE, iri sutuiwra ~nd ~uipru, rrWy, without notice to the MORTGAOR, deal with wch socc~ssor w sucustor in intereat with rt(erN~ to this (
morrg~ye ~+d tM deW hersby secwed in the same manner as wi~h Mo.rgagor wirhovt ~n any way vitiatioy a d'ncMryi~g tht Mort9agon' liabiliry Mr~-
under or ~rpor. tM debt hereby secured. No asle of t`.r Fvemises hereby mwtgaged er+d no fwbearance on the part of the 1NORiGAGEE or iri sucassas
or assi9ns .and no ~xtension of the Yune for the paymem of the debt hereby secwed given by ~he MORTGAGEE w in sucocssors or +uipru, sh+~~ oper+N
ro releas~, dischuye. modify th~ng~ or affett the wiginal Ii~biGty of t}+e AhORiGAGOR hercin, either i~ whole or in pa?t.
10. It b spedfically ~reed tMT time is of the essence of thls contrac~ ~nd that no weiver of any obligatan herew~der or of tlw oblipatan t~-
cured hereby slwll at ~ny time th~reaher t» held ro be ~ waiver of the terms hereof w of the iratrurnent secvred haby.
11. In addltion to the faego:ng mon+hly psyments of prirK pal and iroerest requ~red by tfie prom~uwy note secured hereby, mott~+gor oown+~s
and agraes fo pay to mortg~gee with each manthly payment an add~~ionat sum est~mated by-mwtgagee to be eqwl w 1/12 of the snrwal cwt of the fol{ow-
ing:
A-AU rNl property q:es kvied or assessed against thc above deu~~bed real estate. -
B-Premiums on fire ae~d windseorm insurance a: htrein req:r~red to be csrried on tMe improvems.~ts sitvate on the tbove deuribed pnnisas.
C-Prdniums on wch mortgags gwranty insurar~ce as mw~gagee shall from t;me to time deem fit ro cury on the ba~ tetvred hereby.
~ Mortgsget shall from time to time notify mwtya9or in wriring of the amount d~re and paysble hereunder and avch wm shall ther~~rpon be dw and
I Fsyable on the dve dafe of the nexf rnonthly payment and eath succcssive month thereaiter ur.tit mortgagee shall notify morfgagor of a chang~ in wch
~ amount. Such wms shall be spplied by mortgagee toward the payment of real p?operty taxes, insursnce prem.ums, and mort9sps 9vswnfy inwt+nce
premiums.
IN WITNESS WHEREOf, ths said MORTGAGOR hu hereunto set his hand and seal the day and ysar fint afor id.
! - 1. and ed iA tht presencs of:
.n
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SiATE JF FLORIDA 1
couNn oF Lucie i ~
~fon n,e pe~wna~~y ,ppeand ~n thon~ D. Ti rva and
Bl An~he L. Ti rve ti;s „~,~te, to me well knawn and known to me ro be ~
rhe individwls desvibed in and who executed the fwegoiny instrument, and ackrawtedyed beforo ms that they execvted the ssme fa the purposes
f
therein exprested. Md tM aid BZ BI1~; }lA T~ 1i t+~;
s1 ~
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wife of ths ad ~ apon a sep~r~te and privat~ `
examinsYa~ by me t~ken ~eparate and spart from her said husba , sdcrawledged to and before me tMst she executed ssid inst~nt freely and volut~-
rarily and without sny compulsiw~, tautraint, spprehension ~c feu of or from !~er said husband. LL
WITNE55 my hu~d and officisl se+l this ~
7~_ day of A. D. 19~SL
_ Norsry Pu in s.~ for the State of F9orida at larys
~ _ My ion expires:
~ Retum Ta "
~ Finf Federal Savirgs 3 l,osn Aswc~atan ,•~~+?t~~jNtf, Notdry Publlc. l4ata of No*1ds ~t La
P~r~. fr My Comm~sc:on Expires Aug. 6, 196~
~ fwt Fierce. Florida . =v 80iKlOd 8Y M~ttICiO Sllf~t~l C0. 0~ N• Y-
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FILEO AND RECORO~a~ : • ~
ST. LUClE COUN7Y. FLA. - ~ - _ =
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S
~rCCP.~J 1'ERIFIED - " /
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P!~!~ 18 P~i 3 • ~ _ _ ~~-f~,~:,`:.~. ~ ~
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CL~P.K CIRCUIT COURT f- gQpK159 P~E 354
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