HomeMy WebLinkAbout1923 To plac~ and oon:~nuwsh ket'P on tFw buildi~ps ~w~w w h~r~afta sitwN on s~id bnd ~nd on dl p~ipm~M ~nd pK'ra`+~hr cotiw~d bY Mie narR
.gs. w~th ~N ptrt~..ws ~he~wn pa~d in fvt4 fin infwanc~ in ~M usual uandard polic~r fan~, in • ~wn +pprowd !qr tM MORiGAGEb v~d wM~ta~
~~wru~a In ~M ui~:s! sNnd+rd policY iam, in ~ swn app~oved by ~M MORTGAGEE. Y+ - wch ca~P+^y « t~^P+~?iN ~s t1y MORTGAGE4 +wiy ,
d~rectj ~nd ail fin and wy?dsrorm irnurana Polic~et a? any of s+id bviW~. ~r intKat tlw~tin a p~t tlr~wf. in tly apprpah w~w a1a~W a
tn ~xaas ~haeof, sMlt contam the uswl sundud ~na~ysg~~ davk a wc1+ othw dwM a 1!w AAw1~ap» may rwr?ir~, n»Ai~O tM Ica ued~ a~d pdG
c~e~, avch and tverY. Wvabl~ w stid MORTGAGEE as i» inte+sst maY +PP~+?. w+d tach and tvNy wch poticY sMll b~ prompth au.9^~d ~nd d~livK~d ~o
.ny MW by said MORTGAGEE a fwtha secwity ro said mar9a~ deW. and. ~w Nss tMn hn (10) daq in ~dv+nct af IM expir+tio~ o! ~ach 9ak11. b~'
I~~er ro s+id MORTGAGEE a rsoewal thw-eof, togeHwr wi~h • ~ec«pt for ~h~ p~r•.iww of wd~ rx~walj and ~heh sh~U M no fin or windt~um iawuN+o~ ~
oiaced on ~nr of said b~iWinps, ~ny ;nta~s~ tl+e«~n o~ put thereo~, unku io U» fo.m and wi~h tM k,ss paYablo as ~taaaidj a~d in th~ ewe?t ~~yr swn
of mon~y b~con~es p+yabb ~ndK wch policy a pol~cies said MORTGAGEE sMll Mw ~he aption ro renlw ~nd ~pp1y ~M wn~ on +couwu d Nw M~btd~ i
„eis s~cw~d 1»npy or to pennit said MORTGAGORS ro rece:vs and us~ N w+ey P+N ~hereof fa other pwposea, wi~Aout ~h..eby waivi~g a i~np~ir 4
~ng any pu~ty, ii~n a right vnds~ or bq virtw of N?is mor:~~e; u~d in the ~vent said JNO1tTGAGORS sh+ll ta ~ny n+sa? fail a keep th~ s+id pnmi+es to ~
~~,s~red. a faU w deliw~ P~~P~~Y +~Y of sa~d nolicies of inswu~c~ ro s+id MORTG/1GEE. or fail proeep!y w wy t~~N «~y Pr.~+,wn rhsr.fo. a~n aMr i
resp,.~:t fail w pafwm, d'ncM•~, ex~n+ts. ~ffM. camptete. comply wi?h u~d ~b~d~ by Nw oow~++nf, or any pi?t herwf, s+id MORTGAGEE rn+y pl~a N+A <
pay fcv wch ira~xanu ot any put thereof withoul waiv'u+y a aff~ctinp uiy option. IiM, pu>ty. or ?ipht u~da a b~~/ vtrtw of this Mortp+p~ and tht =
f~~l smouet of each and ~very such p+ymee~t shall ba imoediataly dw and p+y+bl~ +od sMl) bsar int~+~st ftan tIM dit~ thtreof wuU paid at th~ r~t~ d !
r.~n! per cenrum pa anwm and to9ether with such inrerest shalt b~ secvrad by tM li~n of this mort~+p~.
4. To permiy aommit or wffer no wast~, impairmeot or deterioration of s~id pro~+erty ot +ny parl theroof.
5. To p+y all x+d singvlar tM cosn, chuQes ~nd expsnses, includinp s rcsson+bl~ attaneY i(M and aosts of abshacM of titl~, inewnd or p~id N
eny time by said MORTGAGfE, b~cwse or in ths svent of ths fsilure on ths pKt of tFw ssid MORTGA(30R b duly. pomptly ~nd fvlly pKfarn~, d'nch~r~l
exccute. effsa. camPk~e. a~mPH w~th and ab:de by wch and every the s~ipula~~or.a. ~y~eane^ta. conditioea~, ~nd aown+oa ol uid praniuory not~ u+d tha
To,f9+9e +^Y or e~?he~. and said cos~s. ch~rg~a and expenses, sach and ~very, sh~ll b~ irtre~diately dw ud pay~bb~ wMIM+ a ~of tMrt b~ notia d?
ma~d. artemp~ ro collect o~ wi~ pend~ngj +od eM full amount of cach and ew~y si+ch WYme~t shatl b~a? intu~st fran the dat~ Nwnof w?til p~Id ~t th~
~jr~ of ni:w pe~ csntum per ~wm; and all sa:d costs, chuyes ~nd expenses intwred or pafd, togethet with evd? (ntetNf, sMll b~ a~aK~d bY 1M IiM of thi~
mortgay~. -
b. 17»t (s) in tM svent of any breach of this Mortgs9e a deiavlt on tM pa?f of ths MORTGAGOR, or (b) in tM ~wM anl/ of aid tuent of mon~y :
hrrein refened to be not prompHy and fully paid withi~ tAury (30) days next afte~ the same s-verally b~c+an~ dw ud pay+W~. without d«n~nd o? notia.
or (c) in the ercnt eath snd every the srip~rlatan~. aSreements. conditiau ~nd tovsn~nn of s~id promisswy not~ and this morlpap~ ar?~ or ~itM/ ah nol
i~ty, promptly snd fully pe?famed, discharped, eaecvted. sffected, completed, aomplied with and abidad by. th~n in ~itM~r or ~~1? wch ~w~t tM +~id ~P
9rega!e wm mentioned i~ said pramissory note then remainirg unpiid. with interest xuued, and atl nwMys Mtwd. Mt~by. ahall beooreN dw and p~y~ .
eb;e tOrt~fwifly Of tF~MNffN, at the opt7on of said MORTGAGEE, u fult~ ~nd completely as if ~II of ~ns s~id sw~a of moeNy w~r~ a~pina~hr atipu~ated
ro be pa~d on svch day, x~y~hinp in sasd prom~sswy note w in this Matysge a tM eomruy nonni~hs~snd'e~g; snd thawpoa or tFw~aftM af 1M option of
se~d MORTGAGEE, without no~ice a demand, suit at law or in puity, therefon or tMresfter ba9un, may b~ pra~ecut~d +a If moMY~ ~axd h~?ebY
nad matured prwr fo its irutitvtion. ~
7. Th~t i~ the event tMt ~t the beginning of w st any tims perding ~ny wit ~ipon tlus Mort9a~, or to iorccloN M, or to nform N. or fo a?fora
Fa~•ment of ~ny da'Mns l+ereundcr, s+id MORTGAGEE shall ~~ply to the Coun h~ving jwisd'~crbn the»of f« th~ ~ppointm~nt of ~ R~uirer, wt6 Cowt sh+U~
forfhwith sppoim ~?eceivar of sa~ mortgsged propertY all and singular, indud~ng all ~nd sirgutu tM inconr. profits, b~ws and r~vM~ws han wMt~vN
scurce derived. esch a~+d every o wh:ch, it being expressly u~dersrood. is hereby mortg~ged u if ap~cificdly ~et iorth uK! daori~d In thi pantinp ~nd
h36er,dum dauses hereof. s~+d such Receiver shalt have all the bro~d and eHecrive functaro and powen in a~w entrusted by ~ Cowt tp • R~aelwr. u+d
:.ch appointment shall be made by wch Court u an sdmitted equity aod a m~tta of sbsolute riyht ro wid NlQRTGAGEE, and withouf n~enr~p to fh~
adequaq or in~dequxy oi the wtue oi the property mor~gaged w to the sotrencY or ~ol~encY of sa~d MORTGAGOR a tM d~f~ndant~ ~nd th~t wch
~e~~s, profits, L+cane, issues and reveixus shall be applied by such Receive+ accordirg to tF~e lien w aquity of said AAORTGAGEE and th~ pr~ttia of wch
Court.
8. To duiy. promPtly ind fully perform, d~scharg~. execute, efiect, compkte, comply with and +bid~ by ~ath and wKy fh~ ~tipu4tiora„ aprweewrui,
conditions ir.~ oovcnann in said promfssory nota and this mwtgage set forth. ' ~
9. ?h~t in the event the ownership of the mortgsged premises. a ariy put thereof, becomes wstd in a pKwn othar t1w~ th~ MORTGAGOR. th~
.'ORTGAGEE, ifs wcceuo.s snd auigns, n+ay, wG?hout notice to the MORTGAOR, desl with such succ~stw a M+ocosso? in inter~st with t~fer~nc~ fo fhis
~orrgage and the debt he~cby xcwed in the same manner u wi~h Mwtgsgor withovt in ~ny way vit~etinp o~ d'isthar~inp N» Mo~ty+~a~ ti~bilify Fkr? `
~~er or upon the debt hereby secured. No ssle of the premisea hereby mwtgsged u+d no forbsaana on tht part of tM INORiGAGEE a it~ svotyson ;
or ass~gns u~d no exrens;on of rhe rime fw the payment of the debt hereby secwed y'~ven by the MORTGAGEE w in suaeswn or assipns, +MII opa+t~ ~
ro re!ease, duclWrge, modify change or affect the wig~nal liabelity of the MORTGAGOR henin, either io whob or in put.
10. It is speafically agreed that txne is of the essence of this confract and tl»t no w~iwr of ~ny oWipation htrwndsr u of th~ oblipation tr
c~red hereby sFwll at any tirne thereafter be held ta be a waiver oP the terms hereof or of the irotrument s~arnd t~by.
11. In add"eio:~ to the forcgo:rg monthlY payme~ts of princ:pal and interest required by the promisfory nole ~ecured hereby. morfy~got oo'Nnanb
a.,d agrees to pay to mortgagee with each monthly payment an addirional sum esr~ma~ed by morryages ro b~ eqwl w 1/lZ of *Fr aonual wst of tlw fdbw-
A-All real property taxes leried w assessed agai~st the above desa~bed resl estatt.
I~ B-Premivms on fire and windstorm iruurance as herein reqv:red to be carried on the improveme:?ri situat~ on ths ~bove dewibed pr~eniNa.
I
C-Premiums on such mortgage g~aranty ins~~rar.ce as mortgagee shall from time to time deem fit M urry on fM loan setured hereby.
Mottgagee shall from time to time notify rnortgagor in wriring of :he amount due and payable hereut~er ~nd suth wm ~MII thtt~Vpon b~ dW and .
~~yable on the due date of tFx neat monthly payment and each successive month thereafter urtil morfys~ee sh~ll notify mortgagor of a th~np~ in tuth
a•~•.o~nt. SucF~ sums sF:all be applied by mortgagee toward the payment of real property taxes, ins~rance premiwns, and mwtpspe ~uaranfr inwranc~
p~emiumi_ . . . .
~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto set his hsnd snd ses) the da • ye~r fint ~foresaid. _
~ led and eliver in the prexnce of: - -
n ~
- n
. ' n..~ '
i ~
~-~STATE OF FLORIDA . •
St. ~ Lucie ~
~ouvTr oF
Before me personally sppea~ed Je nette F I~rnh~ a wiSio~t sMe
Ids-wife, to me welt known snd krawn ro m~ to b~
rh~ indiv' described in and who acecuted the foreyoing instrument, and ~dcnowkdged before me th~t t!~lye~:aouted the sams for th~ purpaes
sri
therein expressed A~dyhR7i~1 - - -
wif~e~f'N~l~sle! 4pORlt!p~1s -1flV"pffAf~~
wcarw:~.iti~~ iy~~we-~.-s~~arot~ ~-~psM-f.a~e ~+er ~ss+d-hoabww~ ~dwowlltiged'f~ snd befa~tlwr'thllrlA~lxet4tlt!'Y~d fisitOnR~ftlifMrrnfi RADtt~
~+F.1~ mi wi1l~M ywp-~erwp~lsioe; taetrsinr ~p~preF~a ,r er-fesr vf't~ fnenrfleY'qla' I~Id. LL
WITNE55 my hand and officisl wl ~hi• ~ day of A. D. 19Si~.~
~
~ • Notsry Public in and w th~ State of Hwida at lsr~
, . My Coernissan axpires: .
Retum Ta. , PI~[. Stit! 0~ HOfldi ~ V19t
First Feders) Savings ~ losn /lssociafitw~ =r
: -
. fiA~r Coaaissio~ E:pires Sept. 23. 146y
; ~ :
Of Fort P~erce. 1- . /~d h AaMira~ Fw ~ CasW~ Ce-
Fort Pierce. Florida - i
F1LE0 ANfl RE TY F A• _ : . _ ~
gT. LUC~E ~fl~RIFtiED . v. _ '
p~C~¢~ ~L ~
•
r;
150'~'~~ ~ ' ~ ~ ~ -
DEC I 2~ ~ 43 ''f~,1.~f,Y,.;,,::~~~''
'66 .
~
?FtCU1T COURT~_. BOOK161 PACE ~z~
CLEr~K C ~ , _ - _ , f 'i
1
~ ~s ~ ` - - ~ - -
~
~-~T~
~ - _ _