HomeMy WebLinkAbout1921 . ~ ' V ~
i To pl~ M+d caViiwo~+sh? kaP on tM buddinp: iw~w w hawftM sitwh on sa~d bnd ~nd on ~II ~quip~rwwt and wr~on+~b oowr~d b11
+p~, vrith ~II pnmiw~+s 1h«yon qaid in (ull. Ein insw~ec~ in tM ~wa1 su++dard pol~cy tonn, in • sw~ +FProwd bY ~~itM /WORTGJIGEE T+11~
imwano~ M ~M usu~l at~nd~d Polic~r forn~, in • swn ~PP~oved bY 1M MORTGAGEE. b wcA comP+~y or canP+~~
d~.acr, and ail fin and windsto~n~ &auwno~ poliws on wryl of said Iwi~d+~p~. hN~es~ tl+uew~ w parl d~ewt. h tM pq~p~N aww ~fa~said or
tn ~xaa tlwnof. ~A+11 oonta+n th~ wval stand+rd ma~pyM dww a wcA othM dxn~ a tM MortQapN ~naY hV~ri?w ~naLinY d~t bss wd~ sa~d pol}
cies. lich Md we~Y. WY~bN b Hid MORTGAGEE ~t ib interest may ~pw. and NCh ~nd ~vMy S~+ch po~itl? sh~tl kN prOe?pNy ~st:p~w/l Md ddhr~~d b
~ny 1MId ar said Mt~tTGAGEE u fur.Mr seaxity ro sdd mort~a~ d~W. and. nw I~s~ ~hu~ Nn (~0) days b ~dvana of t1r ~xpi.~tion of ~ad~ PolitY. to dt
I~va+ ~o ssid MORTWIGEE a r~w~l tMr~of, topHhM wi~h a reaip~ fw the pn+niwn of wd~ nnewal; ~nd ~Mn ah+fl be ~no f'u~ w wird~~am iniwanc~
plaad on any of wid bvildugs, ~ny htKat tMr~in a p~rt therwi. unlea in ~h~ fwm and wi~h ~h~ bss paY~bb u ato~~aaids and in tM ~v~nt any wn+
of n,on~r bcams payaW~ wkMr wch poUcy or po1~s said MORTGAGEE shail h~w ~h~ option ro reosiw and opply tM s~ on accaKU d th~ i~d~pt~d~
n~u sKwed hpeby a a pK~nit said MORTG~AGORS a nuiw and ~ tt w aey pxf thereof fo. othe. pwpo~es. w~~hout Ihxeb~ wai~irg w~mp+ir•
iny any iquitY, li~n o? ripht w~de. w by vinw of ~1ws ea.e~ay~: ~rd in ~M ~ve~u s~~d AIIORTGAGORS sMll tor ~yr ~~aaon (ail w kesp rM wid pa.nis~s w
insu:ad. or fap b dtiiwr P~~P~~Y ~Y ~ s+id poliei~s of inswana ro s+id MORTG/IGEE. or fal p?omptN ~ WY fi+ily +^Y P~emiw^ ~henfa w in ae~
r~spact fdl b pwfoml, d'nt1+a?y~. uc~w» ~ffed. compkt~. comPN wi~h and abid~ by Ma aova~ant, or any Put M~wf, ssid MORTGAGEE m~y p1+o~ and ~
w j
P+Y for wd+ Ywwanw w any part thKSd without w~ivirg a ~ff~etinp ~ny option, li~n. p~?iq, or riphl ued~ or by virtwr d thls AAwt9+p~. and tM
fu11 arnount of ~ath aid ~v~ry wch payrtwat shall b~ wm~adiattly dw and payabb and sh~H bw interat fran th~ d+st~ tMreof until paid al tM rat~ ot ~
nfn~ p~r pntwe pa ~nwm ud ropethsr with s~xh intersst shall os +ecwed by the li~n of Ma mact~. ~
To p~rmit, oonrest w wffa no wast~. imp~i~ment or dctsrior~tion oi said prope~ry w any pa~t tF?ereof.
S. To p+y all and sirgvtar th~ oosts, dw~es and e:p~nses, includ:np a rsason+We ~trorney's fee and oosts of ~bstr+cts of titb, ~~d w p+id a~
eny ti~ b~r said IKORTGAGEE, b~tauf~ a in the twnt of the fsilw~ on ths put of Ih~ ssid MORTGAGOR to duh, promW~Y ~~+I~Y P~a~ ~
~xecvt~. dfet6 aanple~~, comPlp with and ~de by ~ach and ewry tM it~tiora _ ap~ea+~enn. cond~tions. ~nd aovenints oi said pomissory not~ and this
mon~ap~ arry a.irher, and said oosa. chu~s and e:p~nses, each and awry, shati b~ Ym~ed~ar•ty dus and payabl~: whetM. or na Ma~ be r~aia d? ~
msnd. ~tMmpt b oolkct or wit par+d'ugt and tM full amouot of sach and ev~ry wch payme~t ah~ll b~w intnrp~ fran th~ daN tMreof untit piid at th~ }
r~te of nir~ pK pntwn pu ~ and all s~id oosn~, clw9es aed e:penses inturnd ot W~d. togNher with such Nu~na1. sh+ll b~ s~aKed b1l tM Iwn of this
mortpyw ~ -
b. Th~t W ln tlw ~wM of any brsxh of this Matga~ or deiwlt on th~ p+rt of the MORiGAGOR, or ib) in tM ~wM any of wid ~ums of mon~y
he..t~ ..f..•.d w b. rar P.o~ry .~+d fu~y P.~d within tlurry (30) dsys next afte~ the same sevaa~Ip becan~ due ~nd payabl~. without dsewnd o~ notiu,
or In tM ~vem ~ach and ewry th~ stip~rkNons. +9~eemenn, condi~ions snd coven~nts of ~s~d p.omiswry ~wte aed th:s morp+y~ any a eitlwr ue nw
iuty. ,xompth and fuly puformd. dycharged, execvt~d. effected. canPlsted. comP~~ed with uwJ ~bided ~r, tMn in eitMr a any wch w~nt thi said ~
gregat~ swn m~ntioe~d in aid promiswry not~ then remaininp unpaid, with imerest xuucd, ud all moMys sscv~~d. i~enby, shall beean~ dw and p~y-
ab1• forthwith, o? tMrsafta. ~t the option of said MORTGAGEE, ~s f~lly a~d compkuly u if ~11 of tFa said su~ns of mw~er wcn wpio+lly sttpulated
ro b~ paid on ~vch daY. anY~hinO 1n said p~aniuwy not~ or in this Mortysy~ to the conu~ry norwirhst«+d~rq: and tirre~pon w ther~~fter st rM op~ia+ of
s~i~ MOiITCsACsEE, wethoW ootic~ a dem~nd, wit ~t law or in puiy. tt~eforo or thareshs~ begw~, wy b~ prosecvqd ~s if ~II moneys s~cw~d hueby
hai! matwed prior to iri irolitution.
7. Thrt in tM want tlwt at ths begine?ing of a at any time ps~d'ug ~ny wit vpon this Mwtgape, or to M?aebs~ it, or to nform h, a to ~nfaa
payment of any d~ima hereunder. ~aid MORTGAGEE ~p ~pply to the Cowt h~vi~g jwisd~ction therwf fa th~ appoinin~t of ~ Receive~. wd? Cowt sMll
Forthwhh appoint 's rsuivsr Of aa~ ewr~paped prop~rb all u~d singulu. includug all and u~g~lsr tl+~ incwn~. profits, isswi and rswn~es from wMt~wr
wurc~ d~r~wd, exA w~d swry o wfiich, it beinp ~xpreuly undenrood, is hereby matgsged u if :pcc~fk~tly set for~h and desuibed h thi ~.anrw~p and
habendum clawa hereof, and wch Reoeiwr sh+ll have sll Ihe broad ~nd effettive functwns and powers in ~nywise entrustsd by ~ Cowt tP a Receiw~, and
wch appoirM~t sF.all~b~ m+ds by wch Gaxt as an admitted eqviry and ~ m+ttd of ~bsolute rigAt w s+id MORTG/?CsEE, ~nd withovt rtfe~~na ro N»
edequacy a in~d~quacy of the valw of the proparty mortg~ged w to the sowency a imolvency of wid MORTGAGOR a the d~fendann. and that such
rent~, profits ArconK. iasues ~nd reven~es sMll b~ spplied by such Receive~ +ccordinp to th~ lien w eqvity of ~id MORTGAGEE and tht pr+ctio~ of wch -
Court. . ' -
8. To duly, po~ry .~+d ~,iti ~om,, d-~.charo., exewte, effect, compkte, canply with and sbide by exh and w~ry tM stipulatioia„ s~~~nents,
conditions ard oovenanb in said promissory ~ote ard this mort~sge set forlh. '
9. Th~t In Ths event the o~wnership of the morfgsyed premises, or an1/ Put thrreof, becomes vested in a pcnon oths~'th~n the MORTGAGOR. th~
h10RTGAGEE, its wenssas and suiyr?s, m+y, withow ratice to the MORTGAOR, deal wifh such succeswr a succ~ssor in interest with refer~no~ ro this
mo~t~ap~ and th~ debt hereb~r secured in the same mamer as with Mwtgagor without in ~ny way vifufinp w diuhuying the Mwt9syors' li~bitity herr
under or upon tM d~bt hereby secured. No wk of the prem~ses hereby rswrtgaged and no forbeararue on the pan of the MORTGAGEE w in wocesson
or assigro snd no extension of the time for the piyment of the debt hereby secured given by ~he MORTGAGEE or its succsssors a suipru, aMll opar+t~
ro release disdwrpe, modify cMng~ or ~ffect the orig~n+l liab~lity of the MORTGAGOR he?ein, either in whole or tn p~rt.
1Q It is specifically apreed tMt time is of the euence of this cw~trsct uid th~t no waiver of ~ny obligatan hereunder or of th~ oblipation sr
cured Mreby sMll ~t any time tFroreaftar be held to be a waiver of tha terms hcreof a of the instrument secwed harby. ~ - -
11. In additan to the fwego:ng monthly paymenis of princ'pat and interest required by the pranissory rw?e secured F~ereby. mortgagor ooven~Ms
and sgrees ro pay to mort9agee with each monthly paymeN an add~tional sum esGmared by mortgsgee to be eqwi to 1/12 of the annual cost of the fdbw-
ing:
A-Al1 real property taxes levied or assessed against the ~bove dewibed real estate.
B-Prem~ums on fim and windstorm i~aurance ss herei~ req~:red to be urried on the ~mprovements s~twte on the sbove dewibed premises.
C-Premiwns on wch mortgage gwnnty ieaw~nce as mortgsgee shall from time ro time deem fit ro arry on 1M loan secured hereby.
Mwtgspee shall fran time te time notify mortgagor in writing of the amouM dve and payabk herevnder and such wm shall thereupon be due and
payable on tl~e due date of the next mo~thly payment and each wccessive manth thereafter ur,til mortgagee sfwll notify mortgagor of a chsnge in wch
f amount. Svch surns shall be app'ied by mwtgagee toward the paymcnt of real property tsxes, i~w,: pre*e:un?s. +nd mortgsye 9us~uu~b ~nsur+nce
i premi ~
~ IN WITNE55 WHEREOF, the. said 1fi10RTGAGOR has hereunro set lio hsnd and xal the day and ~nt ~foresaid. ~ ~
del ie~ pre~eno~ of:
; ~ 1
n
~o
STATE OF FIORIDA ~
St. Lucie u' -
courrnr oF
B~fon me per~lly appearcd Ev~t1s Carthen ,~,a
Febb~ Carthon w;r~, r„~u ~ u,d w+~+,~ ~ w b.
~he individwb detvFbad in and wFa ~xecvted the faeyoirg iratrurrwm. ~nd ackrawled~ed before m~ N~+t f~ey executed tF~e same for the pwpotes
~h~«;,, ~ ,,;d Febbie Certhon
~vcr~ of n,. aw Evans Carthon - , wo~ . upx.te .~a piv~a
examination by me taken sepswte and spart from her ssid_husband, adu~owiedged to and before me that she executed ssid imtrws~ent freely and volur?-
rar~ly u~d witho~t ~ny compulsio~, comtraint, sppret+ernio~, a fear of or from her said Iwsband. L
wtrNE55 mr hsnd a~d offiasl ssal rhis d.,, of December a ~9~LfL
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Notsry Pv in and for the Siate of Florid~ ~t lups
My _ expires:
Retum Ta. ~
Fir:r F.dasl Savin~s 3 loan Ass«isr~or? ,::::t;:~,, Notary PubNC. ~tatQ ot lbnde6 19G7,e :
Of Fort p/erce. ~ r~ My COmmiss~on Expir~s Aug- ~
i 3,-. 8onded By Amsncan Surety Co. of N. Y.
Fort Pierce. Fbrida ~ !
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FlLED AtlD t~ECORDED i t
~;T. ~UCIE COUNTti. FLA. _ : ~t ~ _
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-.t~ : R~ 5 ~ -~d00X~V1 PAGE ~~9
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