HomeMy WebLinkAbout1403 To p~ace u+d coi?tirwo~slY kcep on ine bui:d;ngi now w hcreaft~r wsw~~ cv+ sa~d ~and and on aU equipnwnf and pwfona~~Y cowr~d by th~a maq~
w~th all prtmivms ~he.eon pa:d ~n fufl, f.ra ~nsurarce ;n the ~s.,al sau+dard poitcy foren. in a iwh ~pp~or~d by d~ ~MURTGAGEE. ~nd wie+d+tor'~
lnux~nc. in ~M uiwl seands.d pW.ey form, ir~ • wjn appro~ad by ~M INORTGI?GEE, in weh ecmp~ny a oo.~rei+s as ~M MORTGAGEE nwy
dueuj v~d all fir~ and rr~ndsro.m u+su~ance poi:c:rs on ~ny of ia~d bvildrgs. any intNSSt thertu? or part thsrwf, in ~he +ppre~~e~ wm afo~~id o~
In s~csss ~herwf. thali ca+rain the vswl s:andud mor~g~gee c'ws~ a wch oihe. d~uu ~s ~M M,rr9apee m~r nquie~. m+?i~p ~M ~.ss w+d~+ sa+d pdF
ues. ta.-h ud evNY. WYab1~ b s+id AkORiGAGEE as +a in~~rrs~ maY appe+~. and ea:h and ~very s~cl~ poucy shail lo~ p~omWly +ss.Qrted ~rd d~Gve~~d ~
any held by said AAORfGAGEE u futthe~ seturity to said matqage debt, ~nd, nw !eu ~han ten (10) dari u+ adwnc~ of d~e ~xp3r+tan of ~ach polrcy. ro d~-
I~ver to iaid MORSGAGEE • ~entwai the~cof. togNhN with ~ rec°ipt iot the premium oi suth renewal; and ~Iler~ ahall bt ~o fite a windstam inwranc~
pleced on a~y of taid buildings. any intc.est thcreu+ w put Ihe+eof, unleu i~ the form ~nd with ttie bss payabt~ as sfatss~d: a~d in the ~veM a~ w~n
of mw~y becwn~s payable ue~dcr such policy w pcl~cies s+~d MORiGAGEE shall have tM option Io ~eceiw +nd ~pplr N+~ s+rrK an +ccou~t ot ths N~debted~
ne~s sscured htreDy ot ro permil said MORYGAGORS 1o receive and uae it q any part thereoi for o~her purposes, without therebt waivi~tg p unpair-
7ng any equity, lien a right under or by virtue of tF,~s mar9age: snc~ i~ ~!?e evem sa~d MORTGAGORS ihall iw any reason (ai) b keep the s+id premises to
insured, p fail b deliva pranptly sny of said pcfues o( inswance to uid MORTGAGE~, o~ fail promptly to pay fully any premivtn tht~efor w ie~ any
respea fail to perfur~, dixharge, e:ecute, ef(ecL comptere, comply wi~h snd ab~de by ~his mve~s~nt, w any part he~wf, said MORTGAGEE rnay olao~ ~~+d
pay fw wch inwranc~ w any pan the.eof w~~hout waiv~ng or affectiny any optan, IiM, eqv~ty, w riyht unde~ w by virtw of this Mort9a~. ~nd thc
t~ll amount of each a~d ~v~ry wch payrnem shall be immed'utely dw and payable and shall bear interest fran th~ date thereof until paid at tF+e ~at~ ot
n~ne pe+ ce~tum pa annum and toge~lxr with such ~nrrrrst shali be secured by the liee~ of this mon9age.
1. To permit, canmit or suffer no waste, impa7rment a deteriwation of said prope~lv or sny put theteof.
5. To pay ~II snd siru~gul~r the costs, charges and cxpenx~, including s reasonabk attorney's fee and costs of ~bstracts of title, incvned p p.:d ~t
~ny rime by uid MORTGAGfE. Mcaux or i~ the tvem of the fs;lure on tht part of the sa3d MOitTGAGOR to du1y. promPtly aRd futly perfwm, d~scM~
>,ecute, e(fcct, complete. comph w~th and ab:de by each and e+ery the stiputa~wns, agraements, condi!;ons, snd wwnsnts oi said p~arnissory ~ote and ~ha
.r.orrgaye any w ei~hcr. and sa~d costs, cMrgcs and e~epenses. each and every, sMlt be immediately due u+d pavable: whethe~ or not there be r.otice d~
ma~d, attrmpt ro cdkct or svit perKling; aod the f~ll amouM of exh and every such paymcnt shall bear interest from ~fie date thereof until p~id ~t the
ratz oF nine per crntwn per annum; ar~d all said cost~. charges and ~xpensea incwred w paid. togelher w~th such a+taest, sh~ll bt ~ecwed by ths lisn of thi
mort~a~e. -
6. That ia) in the event of any breach oi this Mwtgaga or default on the part of the MORiGAGOR, w(b) in tl+e event uy of ss~d wms of rtan~y
hrre~n refe~red to be .~c+ promptly and fully paid within ~h~rry fA) days next afrer d+e sarrK severalty become due and ~saysble, without de~nartd or notic~,
or (c) in the e~t escA end every the stipu~ations~ ag!eements, cond~iions and oover?ann of sa~d prom~uory note snd th:s maty~p~ any w eitho? ue no1 ~
ivly. ~.o~dy :r+a i~~h ~.ro.~a, d~xharged, executed, sfiected, completed. complied wi•h snd abided :y. then in either or u~y such ~vtnt th~ s+id a¢
gregate wm mentia+ed in said prc~miuwy note then re+iwining unpaid, wirh interest accrued, and a~l moneys secured hersbY, sh~ll betwM dw ~nd pay~
a5,e iwthwith, w thereafrer, af the option of said MORTGAGEE, as lv11y ~nd comple:ely as ii alt of ~he said wms of money were orginally st~pufated
~o be paid a+ such day, anythGng in sa~d promissory rrote w in this Mortgage ro the contrary ~otwithstsnding; and thereupon o~ therea~ta at the optio~ of
sa:d MORTGAGEE, wi~hout nos~ce a demand, wit at law a in equity, therefwe or thcreafter begun, may be prosecuted u if stl moneys securad heroby
ned matWed prrol to its irtstitution.
7. That in the eve~t that at the beginning of or r~ any time pendirg any suit upon this Nlortgage, w to foreclose it, w to roform it, w ro ee?fo.o.
p~ymeM of any daims he+eunder, sa~d MpRTGAGEE shall apply to the Cou~t having ju~isd;ction :hereof tp tht appointment of ~ Receivd. such CouA shall
forfhwith appoint a receivei of said mortgaged properfy a!{ and singular, includ~ng ail snd singvlar the income, profits, iswes and reven~es fran whatever
s; urce derived, each ~nd evcry of which, it beiog expressly understood, is hereby mdtgaged as if specificatly set forth and described i~ the 9rantin~ irtd
h36endum dauses hcreof, and such Receiver shall have atl the boad and effective fu~ct~ons and powers in ~nywiu enhusted by ~ Gourt tp a Receiver, and
:~ch appointc:em shall be made by svch Cowt as an admitted equity and a matter of absolute rigM to said MORTGAGEE, snd without re(erencs to th~
adequacy or inadequacy of the value of the property rr.ortgaged w to the sotvency or inso~vency of said N10ltTGAGOR or the defendants, and that such
renrs, profits, income, issues and revenucs shall be applied by such Receiver accord~ng to the lie~ a equity of s~id MORTGAGEE and the ptattit~ of such
Court.
8. To dvly, pranptly and fully perfwm, discharge, execute, effect, complete, comply with and abide by eacn uKi every tM stipulalions, ~greem~nts,
:ordit~oru and corenants ~n sa~d promissory oote and th;s mortgage set fath.
9. That in the event tF~e owrxrship of the mortgsged prem~ses, w any part thereof, becomes vested in • pKw~ other than the MORTGAGOR, th~
r~.'?RTGAGEE, its successors and assigns, may, v~ri~hout norice to the A'tORiGAOR, deal with such successw or wccessor u+ imereit with refere~?ce to this
.ro•tgage and the debt hertby secured in the same mannet as w~th Mortgagw without in aoy way vitiatir?g or dixharging the Mwtyagors' li~bility hsr!-
~~~der or upon the debt hereby secured. No sale of the prem:ses hereby m.ortgaged ar.d no forbearaoce on the part of th~ MORT6AGEE or iri wctbsson
cr assigns and no exrension af the time fw :he payment of the debt hereby secured given by tFx AM1ORTGAGEE or its successors or usigns, sh~ll operat!
ro release, d~scharge, modify charge w affect the original liauil~ty of fhe AhORiGAGOR Aerein, either in whole or in put.
10. It is spec~fically agreed that time is of the essence of this contract and that no waive~ of ~ny oblgatan hereunder o~ of the obliyHioo str
cvred hereby shall at any time thereafter be heid ta be a waivd of the terms hereof a of the instrument secured herby. -
11. In add:tio~ to tFr: faego:ng monthly paymsnts of princ'pa! and interest requ~red by the promissory note secured hereby, mortgagor cove~snts
d agrees to pay ro mortgagee wi~h each maith:y pay~.:ent an add~iional sum est~mared by mo~tgagee to be equal ro 1/12 of the annv~) cost of ths follow-
- - • ~
A-AI~ real property taxrs kvied or asxssed agai~st tFv_~ above describcd real estate.
B-Premiums on fire and windstorm insurar.~e as herein requ:red fo be carried on the improvements situate on the ~bove dtsuibed premises.
C-Premiums on such mortgage guaranty ir.s~rar.ce as mortgagee shall from t:rt+e to time deem fit to ca~ry on the ban secured hereby.
i Mortgagee shall from time to time nofify morfgage• in writ~ng of 1F~e amount dve and payabte hereunder end suth wm sha0 thereupon be due and
:~yab(e on the due date of rhe next month!y payment and each successive month the~eafter ur,tif mo~tgagee shall notify mortqagor oi a chsnge in such
I ,-ount. Su-~ sums sha:l be applied by mwtgagee soward the payment of real property taxes, insurance ptem;wns, and martgape gwranty inswaace ~
~ c~em~ums_ ~
IN WIT H aid MORTGAGOR has hereunto set his hand and sral tF+e day and year firsf afor~said. t
Sig Se a iri the Presence of: r • ' :
n i
n
n
rc..n
S~:+TE OP FLORIDA
~ouNn o~ S t. Luc ie
9efo~~ n,e pe„ona~~Y ,Ppeared W i 11 i~m W Harr i s .na
~82@1 J_ H~rris his wife, to me well icrawn and krawn to me to be
~he individwls described in and who executed the foregoing instrurnent, and acknowkdged beforc me tMt they exearted the same for ths pwposes
~h~~e~~ ~xa~d. a,a r~ ~~a Hazel J. Aarris
r, ~+e of the said W ~ 1118IR ~I H 8Z'Y' j. S ~ ~~pw~ a sepsrate and privat~
eaam;nation by me. taken separete and apart from her said hvsband, acknowitd9ed ro and 6efore me that she -xecuted said instwment freely snd volurr
iar~ly and w~thout sny compulsiort, co~straint, apprehension, or feat of or from her said Fwsband.
WITNESS my hand and official seal thi~ day of December q, p, ~q 66
~ Notsry Publ' and fw the~btat of Florida at Lar~e
~ My Conrn' e:pires: g/~o "
~ Retum To: . , , _ - ~ ' - ' ' r
fint federsl Savings a Loan Auociat~on ,,~~i.,4,~~ :~~ary :~~'hu~~ e;~•~ t,~ .~r,'~~ `•t L1!r~*~
~e~• ~ ~ .,s;r. 'r.: :ss ~n C:.;,.:::- r:Lr,. 5. i`abi
Of Foit Pierce. • i `y,~ r ~ • . . ~ ~
iv •r~, :~y ~~m~r:can >::r n` l'.
Fwt Pierce. F{wida ~
FILED AND RECORDED " . =
ST. ~UC1E COUNTY. FLA•
VERIFIED ~ ~ c " ~
RFCORD 'r.: ; o _ i
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'fi6 OEC I PM 3: 24 V~~;ti' i
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:,:O~:~cr : OtTR:•5 f
CLERK CIRCUfT COUR7 gpOK~~ PAGE ~LJ _
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