HomeMy WebLinkAbout1925 : . ~
3. To plao~ ~.~d con~+M+oi+shl kNP a? tM bu~td~nps ~w~w o'+ MnaftN atw» on said I~nd ~nd a~ all ~q~ipi+wt+i1 ~nd p~now~ifY aownd b11 1~ ~~0' 1
~ge, wiN~ NI ptnwums Ihawn na~d i~ full, iv~ 'anwanc~ in tM ~~w+l u~ndard pol~ttl N a wiw apKawd b1? tM MOttGAGEE. and ~rind~torn~
irsw~nw ka tM vsual s~~nda.d pd.cY fan~ in • swn •Wwor~d 4y tf~ 1NOItiGAGEE. in wcA aowpa~y or caepa~ a~ th~ I~TORTtiI~EE ~+y
dhech and all fin ~nd ww+ds~wen insuruKt polKies on s~ry? of said build'in~~, wh? i~st tlw~in o~ pwt dyrwf. M IM ppr~N w~u ~toniaid a
~n ~xcea tA.reof, ~AaN conrain ~I+~ ~wal s~arKlxd ma~9+9K dauw a wch ahw awk ~s ~M Morp~p~s ~?+p ~qu~ !i» Iws wd~ sa~d po1F
c~es, each and ewry. P~Y~bb fo s~id MORTGAGfE as ~~s interes~ may ~pp~~r. ~nd sacl~ ~ed ~v~.Y s~ PaK1? shall b~ yrompNY +si:~^d and ~liv~~d ~o
sny MW by said MORTG.AGEE u funha secwitp ro said maep~g~ dsbt. and. ea leu ~han t«+ 110) dap b ~dva~~u of tl» ~apir~tion of ead~ paicll. 1o d?
I~ve. ro said MORTGAGEe ~ renewal thu~of. topNhp with • nosipt ia ~hs pr«nA+m o~ wd~ nt~tw~tr and tMrt J~II b~ no f~n a windsrorm Insw~a
plxed on ~ny of said bu~ld~rgs, any fola+est tFw~tin o? put thenoF. unkss ~n ~M forn~ ~nd with tl» bss payabN +s ~fonsaidi ~nd in the ewet an~r aw~n .
of mo~y bcan~t paYabN w~d~t wd? Fo~ity w~d~cws said MOrtiGAGEE shall Mv. ~h. op~an a ncr~• ar+d .ppy rM wm. on .coowu d M. ieo.b~ `
neu secw~d he~~t a w pcrmit said MORTGAGORS w ncriv~ ~nd w~ h a+^Y P~ fw other pwpe~a. without tiwreb~ waivi~g or ir~in r
~ng ~ny pu~ty. I~n or rpht under w by virrw of tha mort9a~: ~nd in rh~ ~vM~ so:d MORTGAGORS ~iwll fa any nuon fsil w ke+p th~ s~id pnmisa ~o
~naured. w f~il w d~h~r~e P~~P?hl +^Y of said polKies of inswar~u w said MORTGAGEE. o. t:~~ w«~:h p wr ~~h +M? a•~,~ tiwnfw a in +n1r
respec+ fail b ps*for~, dixhuye. exetvte. eHxt. comPlet~. tomplY with and aEidt by this ooverrnt. or any PHt hu~of. said MORTGAGEE ma1? p~+o~ +nd
pa,r for wd~ imu~anu w a~ry? part thawf wi~hout w~ivinp or ~ffectinp +nY opt~on, li~n~ eqwb. a ripht w~dN a bY vatw of this Morty+~l. and tM
f~ll ~mo~nt of each and ~very such payment shsll ~;nrnediately dw and p~y~bt~ +nd ~I++11 bw interat from tM d~N 1Mreot until paid at tM wN ol
~~;ne per centum pK arrwm and to~ethcr with wch +ntueu shati be secwed b~r tM li~n af tNs morpapw
I. To parmi~, eanmit or s•~ffer no wut~. in+W~renent a deteriwation of said propMy or +rhr pKf t!~?wf.
s. To pay sll and slnputa~ Nw costs. charye+ u~d .xpense~, inclwlirg a reasa~+E1. .ttornay's fs~ and oosts d abatracts of titl~. Incwr~d a p~id a
any time by said MORTGAGEE, becsuse « in the. ~va+t of tM failwe on tM part of ~h~ taid 1MORTGAGOR b dub• Pro^'Pth ~N P~Ot^~
execute. effect. comFlete. comply w~th and ~b:d~ by each ~nd every the uiNulariora apreements. eond~tion~„ and oovrnu?ts ot wid promissory nob a~d dw
mort9ap~ anY o~ eitha~. uid sstd cosrs. chupes a~+d expenses, each ~eid ~very. sh+R be imnKd'u~~ly dw u~d payabb~ wMtFw~ or not tMr~ be notio~ d~
~,+ar+d. memNt u, oolkct or wit p~nd~ng; and tix full a~rwunt of each and awry wd~ Fayment ~ha11 bew intua~ han tM d+t~ M~.wf w~ti1 P+W t!~
rare of nine per cr~tum pcr a++num: u~d aU said costs, chargts snd expenses int~und w p~W, ~o9~tha with wth inNnat. ~11 b~ ~cvnd MI tM li~n of d~i~
monp~p~,
6. Th~t in thc eveet of u~y breach of this Mwtyape or d~fsvlt on tlr put ot th~ MORTGAGOR. or lb) h 11w ~wnt ~ d aaW swm oI mon~y
herein r~ferted to be not prompHy u~d fully paid within thirty (30) days neat after the same severally bxan~ dw sed psY~bb. without dMn~nd o~ not~q.
or (c) in ths event each and every the stipulations, sgreements, taid~tiau snd coven+nb of s~id promissory not~ and tlws mor~pp~ +~Y a Nt~a an ~a1
~uly. promptly and fully pe~Fa~ned, d~xharged, executed, effected, compbted, canplied with ~nd ~bided b'Y, tMn 1^ ~i11Nr or ~^p juch ~w^f tIM s~W p ~
gregate wm mentioned ie said promissory nore then ~emsining ~npaid, with interat acuued, and all moneys wcw~d. M~eby. .n.u b.oon+. dw +~+d ar ~
able =otthwi~h, Ot thlYNffN, ~t the option of said MORTGAGEE, ~s fvlly u+d oompktely as if all of the pid twM of nwmy wN~ orqiMlly aNput~ttd
ro be ~+id on wch day. anyth'ug in sa%sl promissory oote or in fhis Mw~p~ye to the contrary notwithst~nd'agt ~d th~rwpon o~ therNh~r N tM option of
said MORTGAGEE, w~?lwvt norice o~ dcm~nd, suit at 1~« ar in p~rity, therefore or thasaf~a b~pun, msy b~ proww~~d aa if dl moM1?s ~~d MrebY
nad n,arured prar ro ~n iost~n,~ion.
7. That it~ tl+e event that at the beginning of or st any time pendi~g a~ry wit vpon tl+is Matyip~, or to fondos~ k, or b nform B, w to ~niwp
payment of ar~y daims hereunder, s+id 1NORTGAGEE shall ap~,?~ to the Cow~ hrving jurisdKtion thenot fw th~ appoimm~nt of ~ R~ceivu, wch Court ~II
Fc~rhwith ~ppoint s receive~ of sa~ mortgaged property all u~d singvlu, indud~ng a!I and singul~r th~ irKan~, profits, bsws and r~wnwa ftpn w1uNvN
seu~ce derivej, each and every o whKh, it bcing expressty vnd~rstood, is hercby mwt9sged as if tpecifiully wt forth and d~wibd In thi Or~ntw+p and
habendum clauses hereof, and such Receiver shall have all the broad and effecfive funct~ons and porvsr~ ~~n~ris~ anrwt~d bY a Cowt p ~ Rateiv~r, and ,
:uch appointme~t shall be made by svch Caurt as an ~dmitted equity snd a rrrtter oi abadvte ripAt fo s~id N10RTGAGEE. ~nd without nferenct M fh~ !
tdequacy w tnsdequxy of the v~lue of the poperty mor~gaged or to the sohrency o? insdvency of said MORTGAGOR a tM d~fsnd~nt~, and that svch ~
renn, profin, incane. :swes and revenues shstl be apptied by such Receiver xcordinp to tM lien or puify of s~id MORTGAGEE and tM practia of wd~
Court.
8. To duly, pnomptly snd futly perform, d'uclw9e• execute, effect, complete, oomply with u+d abid~ by ead~ and wery the stip~!~fiorn, ayrwmM~.
con~~t~~ns snd covensnra in sald promissory rote u~d thls mortga9e sct forth. ' .
9. Thst in the event the ownersh~p of the mort9s9ed Pre~++~ses, a+riy paA thereof, becomes ws»d in ~ qrwn otha th~n th~ MORTGAGOR. the
h',ORTGAGEE, in wccesson snd augm, msy, wirhout notice to the MORTGAOR, desl with ~uch suconaor o~ w+aasor in u?ta~st with nfenna b this
~rorrgsge and the debt hereby secured in the same manne+ as with MortgaQa without in ~ny way vitutinp Or d'titharyirg the Mortppors' (i~bllity I»~
urde• a upw~ the dcbt hereby secv~ed. No ssle of the F.emises hereby mortg~get! and no fwbesrsnoe on th~ p~rt of tM MORTGAGEE ot i» waessaa
or ass:gro a~ed no extens7on of the time for the payment of tl+e debt hereby :ecwed given by tiK MORTGAGEE a its s~cces~ors w aasipns, slw~~ op~r~t~
to release, d~achar9e, modify chsnge or affect the orgi~i Iiabil'ry of the MORTGAGOR herein, either in whok a in part. ~
10. It is spec~fically agreed that time a of the essence of tFi~s contr~ and thst no w+iwr of anY oblipation haavoder w of th~ oblipation s~-
cured he~eby a.hall at any trne the~eafter bs hetd to be a waiver of the terms hereof w of ths instrumaet satw~d hsrby
11. (n-add~tion to the fwego:ng monthly payments of pr]nc'pal and interest reqv~red by the promistory not~ secw~d he*ebY, mwiQ~gor Nwn~~b
and agrees to pay to mortgagee w~th each momhly paymcm an addi~ional sum estimsted by mortgagee to b~ eqwl lo l/12 of the arowal oost of t!w fdlow-
ing:
A-All rea! property taxes kvied or assessed agai~st the sbove described rett estate.
B-P~emiums on fire and windstorm insurance as herein req~'ued ro be carricd on the wnprovenwttts sitwt~ on tht ~bove datr~d pr~mis~s.
C-P~e+s.ivms on such mortgage gua~anty inwrar~ce as mortgagea shall from t;me to time deem fif fo urry an fha ban ~awr~d her~by. !
Mortgsgee shaU from time fo time notify mortgagor in writing of the ~mouM due snd psyable hetew+de+ and such swn sFwll fMreupon b~ du~ u~d ~
~ Fayabte on the dve date of the nex! ma+~hty payment and exh succesaive month theresfter uotil morfpaye~ thsll nofify mortg+gor of ~ chs.~ te wd~ 4
aT.ount. Such sums sF:all be applied by morigagee toward the paymeM of ~eal property ta:es, im~tante prMi.ums, and morfy~e 9w?anfy p?svwnp '
i
i premiums.
~ N YIITNE55 VIHEREOf, the sa:d MORTGAGOR has hereunto set his hand and se~l the day u~d ptat ~foraaTd.
iyned, _ ~I and d-:P red i the preser.ce of: ~
~
• ~
- n
. ~..e
SiAT[ OF FLORIDA ~
St-. Lucie
couNn oF ,
Befwe me penorw~ly sppearcd Leo Weaver .~a
Mi 1 d re d L W e a ve r - hi, wif~, m m. we1~ known a~+a w,own +o me +o b.
rhe indi~idwb desvibed in and who executed the forcgoing irotrument, and xknowled~~d beforo ms th~t Niey ~xewted tM ssrrN for th~ purQos~s
Iherein ~~.~a. ~?..a Mildred L. Meaver
r:ife or r~ ~~a Leo C Weaver - ~.~..~~..~a '
exam~nation by me taken separate and apart from he~ said, husbsnd, ~d~cnowledged ro and before me tFut she e~cecuted s+id instrument fretly and volv~-
rarity and withwit any compulsion, constraint, app~~hension, or fear of or from her said M~sband. `
WITNESS my hard and officia) seal thia_ 14 rN d~y o{ A. 19 66 i
i
~ - ,
~ - ary Public in uK' for the Sute of Horrid~ ~t Lsrpe ~
. . ~ . ~ i ~ , My ~O~^°~'°n eupra° i
~ ReTUrn Ta. ' ~ i
Fir:t Fedet~l Savingf 8 Loan /lssociatia+ , , , - . R~ ~ ~ ~ ~N9! ~
; - , ; ~ . - ~ ;N~r Cow~issio~ Ezpres kPt- 23, 19by
Of fort Pferce. ' '
t;; i" k.ar w..~.. f.. a c....~. ce. '
Fort Pitrce, Flaida - - ~ ~
, ` _ J~ ~ .
_ ~ - r ~
f1LED ai~SD RECOROED = ~ c : , ~
ST. LUCiE CQUUTY. FLA. ~ ~
1 •
~ -~rrtr „~Rl-IED , -
15~~
`~b L?r~' I 2 ~;~1 iJ : 43
_,.,~~~oa~~.~~~ ( BOOK 161 PAGE ~~J r-~
..~~',i9 ~ '~-',~j , ri;N
~ } - r;..{ ~ " -
_ ~ K~s
-