HomeMy WebLinkAbout2142 3. To pl~c~ u+d oantieKw~s~Y kNp on tM b~riidi~ys ~w,w o~ IweahK WtvaN a+ sa~d .~nd and on a!1 pu~peewM ~nd p~nonariy covN~d by N?is enor~
y~. w~~h ~II pc~iwes ~hereon pa~d in fu11, fin inwnnct ~n ~h~ uiwl s~uwud policy form. in • sur~ app~oved br ~M JNOitrGAGfE. ~nd win~h?wn+ ~
~nw~a+c~ in tM uswl iundard polKtr fa~n, fn a wm approwd by ~M MORTGAGEE. in such cort+P+^1? a oo^~W^«s ~s ~he MORTGAGE[ nuy
d~redr ~nd ~II iin and wind~~am inwr~na polKroi on u~r o1 aid b~,ildugs. any inrKei~ ~here~n o~ paN ~hKwi, in ti+~ apyre9+r~ swn ~toresaid a
~n ~~cc~st ther~of, sMll contaM tM wwt ua?clxd mat~p+~ clws~ w such ahu clan~ a rM Ma~9aq.~ may ~equk~. m+?inp ~M bu w+dM s+~d Po11~
ues, each ud ~ve?~?, p~Yabli 1o s+~d MORTGAGEE as ih i~terest m~y ~ppear. and exh and wery such po~iq sMll b~ pron+ptiy asa qned and d~livered ro
any Mld by s+id MORiGAGEE as iwther security ro i~id ~+ortpa~ deW. and, no1 lea than t~n l10) d+YS k? +dv+^u oi th~ ~xp'uatie~ o! tach politY. ro dr
t~~er to uid MORTGAGEE a nnewal thaeof. to~e~M~ wi~h ~ rec~~p1 for 1M p~tm~wn of wch ren~wal; and ~han sMll b~ no fu~ w wini.~am inswaoc~ ;
plx~d on any of aid bvildinpa. any inte~tit tl+K~u+ or pu~ the«of. vnks~ ii+ tF?~ form and wi~h ~hs loss payabN u afo.~said: u+d in t~» ev~n~ any sum ~
of mon~y b~core~p payable und~t wch policll w pd~cies s+~d MORTGAGEE sh~ll Mw ~M optqn ro ~eteiw u~ apply tl+e sana on ~ccount o( ~Fw indsbeed-
nru ~ecw~ Iwr~by W W pK~f uid /AORTGAGORS fo ~eu~ve ud ~se N a aoy paut the~eof fw other pwposes, w~iAouf ~be.ebi waiving a~~npa7~-
ing anY pvity. lise or ~ight w~der a~ by virtw of this morspa~: aod in th~ went sa~d MORTGAGORS shsll (or ~ny reason fail to kesp ti~e ia~d p~emises so
inwred. or i~il 1c dtliva prompty any of said pol~cies of insura~ to said MORTGAGEE, w Fail promptly w pay fully ~ny premium therefw a in any
respect fail b p~rloreq, dischupe. ~:~cvt~, tffecL camplet~, compiY with uid ~bids by this covenant, or any pa~t Asreof. s+~d MORTGAGEE may plxe and
pay fo~ wch inwranu ar ~ny p~rt thereof wi~hout w~ivirp a affectie~p any option, lien, puity, or right undK a by virtw af ~~s Mat~ap~• ~nd the
f~ll ~mauu of tach ~nd ~wry wch p~ymM+~ ihalt be imn+ediately dw and pay~ble ~nd ahall beu intereat from tM d+~~ thsraa! ~ntil paid at ths rat~ of
r+~~e p~. cenrum pa amwn and topNher wirh such in~eresr shatt be secvred by tM I~en of this mo~r?9a~e.
To pKmit, oornnJt ot wffa no wut~. i~np+ument or deterioratan ot s~id property or any put thcreof.
S. To p~y all u+d t&pu~x tht costs, cMrqes +nd eapenses. tncludin0 ~ reasonable attwney i fee snd costs of sbsrracts of title, i:~curred o? p+~d
eny t~m~ by said MORTGAGEE, b~cw~e or in the ~w~t of the failwe on ~he psr~ oF ~he said MORiGAGOR w dvly. p?omPtly and fvlly pe~fwn~, d~schuqR
~xecut~. s(feu. compkt~. oomply with u+d ab:de b~r ~ach a~d evMr ~he stipulations, +greemenn. ca+ditions, and cow~ants of said promissory note and ihw
mwf9ap~ amr or ~ethet. and sa~d cosn. d+u~es ~nd eapenaes, e+ch and ewry. shall be immed~ately dve and paYabk: whethsr w not thcre be r.or~ dr
mand, attempt ro eoUM cv wit p~nd~eg; and ~M full amov~t of escA ar+d every such payma+t shall bear inseres~ (rom the date tAereof until piid ~t the
rare of nw~e psr cent~m per an~wm: and +II said oosts, ch+~ges ~nd cxpenses incurred w p~id. logelher with such Inter~s~, s!»II'~e .ecured by tl+~ lien of Mi~
mortya~w
6. TMt in th~ ~va+t of aey breach of tlus Mwtgaoe a defauU on tlr p+n of the MGRTGAGOR, a(b) in ?M event ~ny of satd swm of mon~y
henin nf~n~d to be not promptiy ~nd fully pa~d w~rhin ~h~rty (30) daya nex~ afrer ~he sam~ severally becorrk dus and payable. wi~ha,~ dem+nd or no~ic~.
o~ (c) In th~ tvent ~ad~ and every the stipulaNons, sgreements, condi~ions and covenann of sa~d promiuwy note and th~s mwt~ye any a either an nol
iuly. P.ompty u?d f~iy p..tormad, d~ch+.~d, executcd. sffected. cw,pteted. complied with and abided by. then in eitha a any s~c.ti ~wnt the s+id ao-
prpats wnn m~nrioned in said promiuory note then remaininp w~paid, w~th i~te.est ~cuued. and all moneya secured hereby. ahalt become dw and p+y~ ~
abt• fathwith, or rhsrcaha, at the option of said MORiGAGEE, u fully ~~d comptetety as if atl of tF?e said wms of mooey w~re wpinatly stipulated
to be paid on svch daY. snytFWg in ss~d promissory note or in this AAortgage to the conrrary notwithst~ndinp: ~nd thercupon or thereafta at the opuon of
se~d MORTCsAGEE, without notice or dem+nd, wi~ st I~w or in aqvity, therefore or thereat~cr begun, may be {xosecuted as if all awneys sacund hereby
had m~tuted ptior to its iiqtifution. .
7. Th~t in tM ~vent th~t at th~ beginni~g of or ~t any time pending ~ny wi! upon thia Mw~g~ge, w ro foredo~ it. w to iefwm it, a to e~forp
payment of eny dima hsrevndcr, ~aid MORTGAGEE shall apply to tht Courl F?~ving jurisd~ction thereof for fhe appointment of a Receivcr, s~ch Court sh+~l
Forthwhh appoint + r~ceiwi of sa' rtwrfy~ged properfy aIl snd sinqul~r, includ~ng all and singular the irxome, profits, issues and revenues from wfiatwa
wurc~ deriwd, e+ch a~d tvery ~which, it beirg exqessly understood, is hereby.morrgaged as if ipeufically set futh and dsscribed In the Qranting and
habendwn ctav~es hereof, wwl, wch Receiwr s1~a1? have ~II ~he broad and effecrive (unc~wns and powers in anywwe entruated by, ~ Cou.t ty a RK61vN, and
~~ch sppointment shall b~ m~de by suth Cou~t as an ~dmitted equiy sr+d a_m+ner of absolute right to s+id MORTGAGEE, and wi~hout referenc~ ro tF+~
adequacy a insdpwcy oi th~ v~lw of the property mo.tg~ged o~ to the sowency or ~nso~~encY of u~d MORTGAGOR w the defendann, and that wch
renrs, profits, income, iuues and rsven~es ahall b~ ipplied by such Receiver sccudinq to the lien or equity of ~id MORTGAGEE u+d the practica of such ~
Court. '
!y. promptty ~nd full~r perfam, dischsrge, execvte, effect, complete, comply with and abide by esch and ~very fhe stip~ktiont, ~greemenb.
9. To d+i ~ i
cond~tiwu and coven~nb in s~d promasory note and this mwtgsge ~et forth. ~
9. That in ths event rhe ownersFwp of ~he mwtgaged premise~, or any psn thereof, becwnes vested in • perwn other than the MORTGAGOR, th~
h',ORTGACsEE, ib wccessoa and +ui~ns, may, without notice to the MORTGAOR, deal with such successor w M+a~sso? in interest with reference to this
rT:o~rga9e and the deW hereby secured in the s~me manner as wnh Mwtgagor w~fhout in any way vitiaNnp a dixharying ths Mortysgors' li~biliry herr .
under or upon the debt hereby secured_ No sale of the premises hereby mortgaged and no fabeara~ce on the pan oi the MORTGAGEE a it~ succeuon
or ets~9ns uid ~o ex~ension of the time for ti+e payment of the deb~ hereby secured given by the MORTGAGEE w its successors or assigns, sh~ll oper+te
to rslease, d'istMr~e, rtad'fy chsnge w~ffect the orig~nal liability of the MORTGAGOR herein, either in whok w in put. _
10. It b spec~fiully sgreed that time is of the essence of this conuact and tMt no waiver of sny oblgat~on herarnder w of the oblipation se-
cured Mreby shdl at any time thereafter be held to be s waiver of the terms hereof or of the instrurnent secvred herby.
11. In add~tion to the fwego'a+g monthly payments of prirK pal and interest required by the promissory note secured hereby, mortgsgor aownaros
and agrse~ to piy to mortgagee with e~ch monthly payment an addiranal sum esumated by mortgagee to be eqwl to 1/1'[ of the annual tost of the follow- ~
iny:
A-All real prope~ry taxes kvied a assessed agai~st thc above desvibed real esrate. • €
8-Premiurtn on fire and windstorm ir.surance as herein requ~red to be carried o~ the imp~ovcmc~ts sitvate on the above desuibed premises. ~
C-Pranivms an such mort9age gwranry insuru~te as mortgagee shall f?om t~me to time deem fit to carry on the Iwn iecured hereby
Mwty~yee shatl from time to time notify mortgagor in writing of the amount due and paysbk hereu~da and such wm shall there~pon be due snd
Fayable on the due date of the next monthly payment and exh successive month thereafter ur.til mortgagee shall ratify mortgagor of a charge in such
amount. Such sums shall be +pp~ied by mortg~9ee toward the paymen~ of real property uxes, insurance prem:ums, and mortgage gusr~nty insurance _
premi~ms. ~
IN NE he said MORTGAGOR has hereunto set his ha~d and seal the day and year iirst sfwessid.
~d, ivered in th~ presence of:
n
•n
STATE OF FLORIDA ~ ~
St. Lucie
couNn oF _
8efore me personally appeued hA rl o s A Mo sher .~+a
Mi~ red A. Mosher ha wife, to me well krawn and known to me to b~
rhe individwb desvibed in and who txecuted the foreyang instrument, and acknowledged before me that they execwed the same fw ths purpoaes }
therein e~.~a. n~a n,..~~a Mildred A. Mosher ~
w: f e of the said ~h arl e s B• M o sh e r - s se~?ste ~nd privat~
exam~nstan by me taken sepsnte and apsrt from her ssid husband, eckrwwledged w snd before me that sfie execvted said instrument freely and vd~n~ ~
ra~ily and without any eanpubion, corutnint, appreheresiopr,p[ feu of w from her said Iwsband. i
i
WnN~ .,,d o~~.~ t?~~ ~y dsy ef A D. 19~
~ ' Notary Pu in ar+d fw the State of Florida at Lsrpe
y . My Comm ion expires: .
~ Return Ta: ,
~ F~r~t Federal Sav'u~ps a ~o~, n:soc~a~ao ~ No~ary PubMc, S:a1e ot ;'lordn at Carae
~ Of Fo.t P~erca • . F.Ay Comm~ss on cxp:r~c ~~g. o, 1967
' Ronded By Amercan Surety Co. of N. Y.
~ r?LED A,=
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