HomeMy WebLinkAbout1530 To p4a and ca?tiouousiy kNp on ~h~ buitdirpf now o~ he~eafte~ ~~w?~ on sa~d land snd ow ~ll equipin~M and pMSOnsily oow~~d by thia mortp~
.g~, witA aU pnrnivm~ tMrwn ptid in f~ll, fin insuance ~n ~h~ uswl :eudu:! pot~cy fo~rn, in a awn appowd by Nr MOkiGAGEE, aod w~+ds+~a~w
tns~xano~ in th~ uwal ~t~ndKd pol~cy Fam, in s swn ~pprov~d by ~M MORTGAGEE, tn wch company w companiea ~s t1~ A10RTGAGEE m~y
d~redt and a!! fx~ ~nd wU+dsro~rn inswae~ae poti:ias on u+y of ssid bv~ld~pt„ My intK~st th~rein w pw1 thenof, tn ~h~ ap9~p~h w~n ~~aaaid or
In ~:oess drx~of. sMN cont~in t!r ~swl standud mor~9agea dauae o~ sud+ aher clws~ ~s tl+s Mor?gagM eMy ~eqv~n, ma4inp ~M iws und~t sad pdF
c~as. tach and ewry. p~Yab:e w ssid MORTGAGEE a~ its interest may ippear. u~d eacA and every a~xA policy shall M promptlY ass•9n~d ~nd drliwr~d ro
•r.y IKId by said MORTGAGEC as furthat secwify tC siid .nwtyaqe dtbf, and, not tea thae ~an (101 days in ~dwnce of ~M e:pirat~on of tach polccy. ro dr
I~var to ssid MpRTGRGEE a ra~wai tMr~of, lo~1h~? with a receip~ fa rhe premiwn of :~ch renewal; a~d ther~ sAall be ~o fi?~ a wind:~am insw~nc~
pl.ced on ~ny of said buiWinys, +u~y intcrest there~n or p~~1 thereof, vnlcu ~n the fam and wi~h tht loss payibl~ as ~fw~saidj u~d in tM weM ~ny w~n
flf ~++onrlr Lscanes p~yabh ond~r wch poiicy a polki~s ~alo MORTGAGEE shatl haw tha optan w rec~ive and spplr tM ~ on accnw+t of ths ind~btsd~
ncss s~curad lwtby pr q pe~mit sait~ MpRTGA30it$ to rcceive ar+d us~ it p any pa~t ~hc~eof tw other pv~pose~, without thareb~ waivug o~ ~mpak-
'ng anY qv~tY. ~ie~ a ripfit w?de~ a by virtw of this mo:sQ~ge: and in the event sa~d MORTGAGORS shali for ~nr ttasa~ fail M keep tFw~ iaid pr~mius so
insured, p faU W d~liwr protnptly ~ny of said polities ot insutance ro said MORTGAGEE. a fai! promplly to pay tully any prtmium thsrefq w in any
respect faii a pafw~n, d~scharye, euecvt~ effect, complete, comply wirh ud abi~s by this covenant, w u?y part horaoi, ssid NtORTG4GEE enay pl~u ~nd
ray Fa wch inw~uw a any p~rt theraof without w~iviny w ~ffactu~p aoy op~ioe, lieo, eqvity. or ?iyM und~. or by vi~w of thi~ Mwtga~ a,~d thc
fuN aewunt of s+cA and evay wdi p~y?.,enf shall be immediately dw and payabl~ snd shall bea~ interesl from th~ d+t~ the~eoF until paid at tM rat~ ot
r+ir,e per untvm p~r annurn and topether w~th such inte.est shall be sec~red by ~he lien of ~his r..ortp~pe.
1. To parmit, comndt or wffK no wuM. Lnpairment ot detcrioratan of said propertY o? any part theraof.
S. To pay ~11 and singul~r tM costs, cl,arges ~nd expenses, 'uxludiny a reasonabte ~tto.ney's fe~ and costs of ab~nacrs of titk, k~cwr~d or p~id N
.ny Nrna by s~id MpRTGAGEE, b~cause or in the avenf of ~he fa~lwe on rhe part of ~he ssid MOR7GACaOR w duly, pwmp~y ~r+d fully ~,e.fonn, dbcMnpR
execu+~. ~fhd, oompl~t~, Qomply virith and ~b~de by exh and every the s~ipulatwni, ag~eemenb, conditFwu, and eowrynts of said prom:uory not~ ~nd thit ~
r^o~'9W~ ~^Y a~t~. +~d a~d cw~s. chuyes and eupenses, each and evcry, shall be immediately due ~~nd p~yable: whe~l+~r w not tAKt be ratip dt ;
mand, attempt to oolbct a wit pendingj ~nd tha full amount of sach and every such p:yment ihs1l be~r int~rtsl from th~ date tMraof un1i1 paid d th~ _
rore of nin~ per centum per annu% ~~d all said tosts, charges and ez~,rses incurced or paid, together with auch int~rpt, shaU b~ i~tund by th~ li~n of thi~
mortgag~.
6. Th~t W in the event of any brsach of this Mortgaye or deiauh on the part of the MORTGAGOR, or (b) in th~ ~vent any of s~id wms of moMy
he~ein ~efen~d to be not promptly and fully paid wirhin th~rry (30) days neat afrer the same uve~atty becoms dut ~nd payaW~ without d~rnand a notia.
or (c) In tM ~wnt each rrd every the s~ipulations, sgreements, condirions aod covenan~a of sa+d promissory note and th~s mon~ay~ a+~? a~ither ~re nol
iuly, prwnptly aeK! fully p~rformed. d~scha~ged, execured. eifec~ed. compkted, compl~ed w~th ~nd ab~ded by, ttwn in ~ith~r or ~ey such weot thf said q
grr~ate wen mN+tion~d in said promiuory ~pte firo~ ?ema;ning unpaid, w;~h imeres~ xuued. and r11 moneys s~cvnd. herebY. shall beoome dw and p~y-
eb!• forthwitly or tFwresfter,,~l 1M option of said MORTGAGEE, as fully and comple~ely as ii all of tl+e wid sums of money wer~ orpin~lly stip~rlattd
ro be pa~d on wch d~y, ~nythinp in sa;d prom;uory note or i~ thn Mwtgage ro the ca+rnry rarwithsrandinp; and tl»r~upon a thereahe~ at the option of
se~d NIORTGAGEE, without notice o? dem~nd, wit at law w in equ~ty. thnefwe a Ihereafter beyun, nwr M prosec~t~d ss if ~II mon~yi Ncvnd l~u~by
hed matut~d prior fo ih inslifNtion.
7. That in ths event that ~t tM begir?Mn~ of or ~t uiy t~me pe~dtng any wit upon t6is Mortyaye, or to forscloit it, a ro nfam !t, w to enfo?p ~
peymcnt of a~y daims hpeunder, said MpRTGAGEE shatl apply to the Court havi~g jurisdictan therwf iw tM appointment of ~ Rsceiwr, such Courl shdl
forthwNh ~pppint s receiyer of si mort9ayed prpp~~~y all and sirgular, inctud~~g all and singulu the incom~, profits, isfu~s u~d rewnws fran wMt~wr
sourc~ d~rivsd, e~ and evsry o~wh:ch, it beinp expressly undersrood, is F+ereby nw.~ga9ed ~s if spec~fically sd fwth and destrib~d ln TIN 9j~ntinp and
habencum cla~ses hereof. ~nd wth Rec~ivM shall have all ihe broad and eifec~~ve functwn: and powers in anywise entruifed bY ~ Cowt tp a Reteivtr, and
~~ch appointment sMll be maJe by such Caxt u an ~dmitted equity and s marrer of absolure right ro said MORTGAGEE, ~nd wirhout reterence ro tM
adequsty p inad~qu~cy of ths vilw of the property mortgaged or to the sotvency or ;nsolvency of sa7d MORTGAGOR or the defe~dan», and that wch '
renrs. profits. Incoa», iu~res uid rwenves sii~ll be applied by such Receiver according to the lien w equity of said NWRiGAGEE and tM pr~ttia of such ~
COUM.
8. To duly, promptly and f-~tly pe?form, discharge. execute, effect, complete, comply with and abide by e~ch and every tFN stipulatiorts, ap~~wnb, j
condiYwns and oovenann in a~id prpnisspry ~ote and this mortgage set forth. ' ~
9. Thst in the went rhe ownenhip of the mongaged p~cm;ses. a a~y pan fl+ereof, becomes vested in • paaon other tlan fhe MORTGAGOlt, fh~ ~
h10RTGAGEE, its sucoeuors and ass;pra, nuy, witlwW notice to th~ MORTGAOR, deat xifh such succysw a aucussor ia ;mer~a w;rh r~fK~ ro thb ~
mo~rgpe and tM debt h~veby setured in tM ssme manner ~s with Mortgagor without in aoy way vitistin9 a dixh~r9inp tM Mprt9a9pra' Ii~bility IrM ~
under or ~pon the deot htreby secured. Mo sale of the premiua hereby mo.tgaged and no forbeaiance on the part of tM MORTGAGEE ot its sutc~uon :
or ass~gns and no exeension of 1he time (w the paymerit of rhe debt hereby secured given by ~he MORTGAGEE w its successors w sssipns, ~hall opsrab ~
ro rNeas~. diuMrye, modify changa or affect the orig~nal liabil;ty of tlx NiORiGAGOR hcrein, either in whole w in put.
10. U h specific~tly eyreed that rime a of the esxnce of this conrract and that no waiver of iny obliystion hereunder or of tM oblg~tion s~-
cured h~reby sMt1 ~t any time thereafiet be held to be a waiver of the tcrms hereof a of. the instrumeM secwed h~rby, E
11. In addition ro tFk fwego:ng monthly paYments of princ'pal and interest rcquired by the promisaory npre secured hereby. mOriq~gor townanit ~
ar.d agrees to pay to mortg~gee with each month~y payment an add~rional sum esrimated by mortgagee to be eqwl to 1/12 of ths annwl cost of ths follow-
iny: ~
A-All real propaty taxes kvied or assessed against the above described real estate.
B-Premiums on f'we and wirrostorm i~swartce aa herein requ:red to be carried on the improvements sit~ate on the above described #
pranis~s.
C-Premiums on such mortpaye gwranty i~surar.ce as mo.tgaqee shall from t:me to time deem fFt to carry on fhe ban secursd hereby.
Morlgsgee shall from time to time notify mwtgagw in wriring of the amo:•nt due and payable hereunder and suth sum sF~all thereupon b~ dw and
Fayable oe~ the due date of the next mo~fh!y payment and each successive month thereafter ur,til mortgagee shall notify mortgago? of a dwng~ in such
am.ount. $uch sums shaH be applied by mortgagee toward the paymmr of ~eal propeny ta:es, insursnce prem:wns, and mort~sQe yuaranty inwnnct
premiumf.
IN WITNESS WHEREOF, ths said MORTGAGOR has hereunto set his hand and seal the day and e~r fint afore~aid_
' n~ 5~ u~d ed in tM prese~ce of:
•n
~ ~-n
, _ _ rc__~
STATE OF F10RIDA ~
cauNtr oF _ St. LuCie
Befote me personally ~ppeared A lbert H• A~~~ erd
' 190 V. A C~BYI13 ha wife, to me well known ar~i krawn to me to b~
the individuab described in and who executed the foregoirg ;nstrument, and scknowledged before me that they exetuted the same fw the pvrposes
therein eacpressed.- Ard the said- ~'.7 AA A~Illq
w•~ie of the said - Alt1Al+ ~ A~n1S ~ ~pon ~ sepsrate ~nd privst~
exam~nation by me taken sepuate and apart from her said husband, ackrawledged to and be#o.e me that she execwed said instnrment freely and volun-
rar~ty and without any compulsion, constraint, sppre ~r~ fear of or from her said Iwsband.
WITNESS my hsnd ~nd official sesl this day of D@ b@i' p p, ~q 66
Naary Pu '~n ~nd for the State of Florida at 4r~ ~
Return To: MY ~~'+m expaes. •
Fir~t Federal Savings a lwn Association ,
• o~a~r Fuv"nc, ~r#a±¢ of fla~~A~ at Large
Of fwt Pierte. ~ 't• COrnm;ss`G~ ~'.P'=.= : v. 194~
, ,
Fon P;e?ce, flo.ida • ~ :onded By Amencin Sureiy Co. ot ti. Y.
x • •.,-i~ .
FILE~ ANO RCCOROEO ' :
ST. LUCIE COUNTY. FLA. = ~ = `
F?ECOr~G s~I~IED - ~ ~ : ~ ^
'a_
150482 ~ e :
5 AM f I ` • , _
'c.6 OEC • 5~ . . : .
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° R 160 PacE 330 ~
CLERK CI?C~1T COURT BOOK " `
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