HomeMy WebLinkAbout0184 . w ' ' • . F
S. To plaa u+d aontinuou~ly kNP on tM buildin~s now a hKesfiM ~itwt~ on wtd bnd ~nd on all p~ipnMR a~d p~nan~lty cownd by 1N~ n+orq~
sy~, with aN pnmkmM tMtean pa~d ii+ fu16 f~n iewwuia in th~ vswl suedard policy fam, in ~ twn approwd M~ th~ MORiGAGEE. ~nd wMd~torm
iniv.~nce tn th~ uwai n~odard polic~r fwn+. in • wm +pprovad by dN MORTGAGEE. in wd+ con+P+~Y a~P+~ a tM IYKMTWkiEE ~+y
dind~ and ali fin snd wM+datorm iraw~na Polki~s on s~y of Hid buiWi~pa. any intKat ther~M~ or pNt tMrwf, fn tiw ap~e~ae~ sum ~fon~id a
in ~xcNS tl~snof. ~hall oonbin tM wwl u~ndard morty+y~ ciws~ w suc6 aFw~ d+vs~ a th~ Mat~+p~ in+Y ?pu~n. m+Yinp t1w loas u"~l~r ~+~d P°11'
c~~s. e+ch ~+d ~wry. WY+bI~ b sdd MORTGAGEE as ib iroe~est en~y ~pp~sr. ~nd each w~d ~very svch policy sh~ll b~ pro~nPrty as:9nsd and dNiv~nd b
~ny Mld by a~id MORTGAGEE a furtha sav?iq ro s+id mortyap~ d~W. and, not I~u than an 1101 days io ~dv~nc~ of th~ ~xpkat;on of ~sch policy. w d?
liwr ro s~id MORTGAGEE a n++~wal tMr~of. top~thK with a ncHpt fa tM pr~miwn of wch nnewaij u+d tMn shall b~ no fin w windstam insw~nc+
plsad on ~ny of wid bulidir~, ~ny intKat tlx~~in w p+rt tFw~of, vnl~ss io tlw form ar~d w~~h ~M toas parsbl~ a• •fw•saW: and in ~M .wn~ •ny wn~
of moMy b~c~a~ p~Yabl~ wd~ wch po1kY or polici~s ~aid MORTGAGEE shall I+~w th~ option 1o nuiw aod ~ppy tl» sun~ on ~ccount of tM ind~bted-
neu s~cwed Mnby a a pKmit s+id MORTGA:aORS w rao~iw s~d vu N or any part thereof fw other purpos~s. withouf Ihsrebi waivinp or imp+ir
tr~y anY pviry, lia~ or riphl und~t at by viAw of tha mortp+p~t +nd in tM ~v~nt a~id MORTGAGORS sl+all fot any rtawn tail to keep tM s+id pt~nias w
fnwr~d w fsl) b d~liva panptly ~ny of s~id potici~s of ~+w.a~,c. ro sa~d MORtc~?Ge~, or f+~~ p~o~rb ro wr f~+f1y ~ny p~mium th~efor or in +~y
r~~p~d fail w p~rfonn, d'achar9e, uacut~,. ~ff~ct. comPlef~, comP~Y wi~h and ~bid~ by this ooven~nt, or u?y pirt I+erwf, aid MORTGAGEE may plao~ snd
WY fer wd~ irrw~no~ a ~ny part tMnof wiMovt waivinp or aff~ctinp ~ny optan. (Mn. Wuih?. or ripht urd~ a by virtw of this Mon9+pe. and tM {
fvll smount of ~ach and ~wry wd~ paym~nr ~11 b~ imoediat~ly dw ~nd pay~h and sMll b~ar intKar fran tM d+b thereof vn~il paid at th~ rat~ of i
n~rn pN c~ntvm pM annwn and topetMr with s~xh intaest shall be sacvrod by tIN li~n of this mort9~qt. ~
To p~rmi4 aommit a wff~r ~?o wut~. Ynp+kmtet a detariw~tian of sak! propKtp a any put tMr~of.
S. To p~y ~II ~nd dnputar tM co~h, chirp~s aed ~xpMSes„ includ'+np • nason+bb attwney's f~e and coab of sbstracls of titl~, i~cw~d o~ W1d a~ ~
~ny tinK by aid MORTGAGEE, b~awe w In tM ~vtnt of ~ks f~iluh on ths pu? oJ tM tak! MORTCaAGOR to duN. P~p^Pty and tvlly p~~fonn, dischsrgR
~xecut~. ~ffM, aomP~~, ~^Ph with and ~b~ by ~xF and wery tM stiputation~ ap~eemsn~s. conditions. and oov~na~ts of uid promiuory not~ and tlw ~
mortpp~ s~r a~itM?. and said oos~s. chu~s and ~xp~nus. e+ch ~ed ~wry. sMll b~ immedia~~ly dw and pay~bl~: wMtl+tr or oot tMr~ b~ notiw dr
mand, atNmpt w cdhd w wH pMd'agr and tM full amo~nt of Nch ~~fd ~wch paymem shall bear int~~~st fran tM date tMreof until paid ~1 tht ~
nre of nk~ p~r antum per srwwm; snd sll said cosn, chsryes and ezpanses incwr~d a p+id, wyether with svch inqnst. ~h+ll b~ a~cvnd by th~ li«+ of tha i
~ro~ _ }
6. TMt tn the went~of any brexh of this AAorpap~ w defavlt on ths part of the MORTGAGOR, or (b) tn tf» tw~+t any of said axn~ of mo~r ~
hersln nhrtsd to be not promplly ~~d fully p~id within thirty (30) d+ys next after t!» s+m~ severatly bacan~ due and p+y+b~s. witFaut d~m+nd a noY~.
or M tM ~w~t ~ach snd every tM stip~lations, ag~eemena, conditans +nd cown~nn of ~s7d promissory note and this mortp+p~ any or titiw~ an ~w1 i
iuly, prpnptly and fullp pNformad, dixhu~eed. execvted, ~ffected. compl~ted. complied with ~nd ~bided by, tMn h atMr o~ u~y such ~wnt Ilr s~id a~ ~
preyat~ w+n msntionsd in ssid promissory noro the~ ?emaininy vr?paid, wirh interest xuued, u~d all moneys ~scw~d. herebY. sMtl beeom~ dw ~nd p+y~
abl• forthwith, w tlwreafier, at tlw option of s+id MORTGAGEE, u fully ~nd compl~tely as if all of the said swro of mw~sr were oripiMlly stipula~ed
to ba paid on wd? day. ~nyrhinp in mid promisso.y owe w in this Nlortppe ro the tontruy notwithst~ndi+gt and tMtwpon or there+fqr at th~ op~ion of
s~id AFORTCaA(iEE, witFw~rt notia w dem~nd, wit at law or in equity, therefwe or thereaher bpw4 wNy be~proacvad ~s if all ma~y~ acund hsreby
ned m~nx.d prio? ro in i~stinnia+.
7. Th~t t~ th~ ~vent tMt at tM bpinnirg of or at any time pendiny any wit upon tha Mwt9sp~, w to forsclwt it, or to rofwm H. w to e~faa ;
paymcnt of ~ny d~ims herevndsr, said MORTGAGEE sh~ll spply to the CouN havinp jurisdrction theroof for tM appointma+it of a Raceiwr. wd~ Covrt sMll :
fwthwFth ~ppoint ~ nceivt~ of s~i~ mort~+ped property all u?d s'ugular, indud~ng all and sing~lu the intome. profitt. issws u~d rwanues from whatevK ~
souru duiwd, ~ach and every o# which, it bei~p ~xpreuly unde?s~ood, is hsreby mwtgaged +s if spacifically set forth and dewib~d In the qranti~ and
habendwn daus~s hereof, ~nd wch Reuiwr shall have ~II the broid and effectivs fur+ct~«?s and powen in anywite entrust~d by ~ Cowt tq a Reuiva, ~nd
•uch sppoinim~nt shall b~ m~de by wch CouA as ~n admitted eqvity and ay mattet of absdute right ro s+id MORTGAGEE, and withoul nferenct ro the ~
adeq~~cy or ie~lequacy of tl?~ v~lue of the propKty mortyayed w ro the wnrency or iesolvency o! s+id MORTGAGOR a tM defendants. and that such ~
renr~, profiq, incpne, issues and revenues sh+tl be applied by such Receiva accordir~p to the lien or pviry of said MORTGAGEE and th~ pr~ctia of wch
Court. ' ~
8. To duly. promptly and fully paform, distMrye, execute, effect, aompkt~, comply with a~d abide by s+tl~ ~nd ~vt+y ths stipulat~on~, ayreert~enti, ~
condirions and coven~nts in said promiasory nofe and fhis morr9s9e set forth. ' s
9. That in ths event the ownenhip of tAe mortgsqed prc+n'nes, w ariy pan thereof, becomes ves»d in ~ p~non otha thsn the MORTGAGOR, th~ ;
MORTGAGEE, its wccessors and aui~ns, may, without notice to the MORTGAOR, deil with such successor or M+ttts~w i~ interesi with refsrtrKe to this ;
mort9~ u~d the debt hereby secured in ths sune manner as with Mortgagw without in a~y w~y vitiatinp or diuha~yinp the Mortysyors' liability I+sn- ~
under a upon tM debt hereby secured. No s~le of the pn.mises hereby mortgaged a~d no fabearance on tht part of tM MORTGAGEE w in succeison ~
or easigru and no exteniio~ of the time for the payment of ths debt hereby secured y'~ven by the AhORTGAGEE or in succesion w sssipns, ~hall opuaN ~
ro rolease, discharp~, modify thang~ w affect tM original liability of the AhORTGAGOR herein, either in whole or in put. ~
. ,
10. It is spec~fiully sgreed that time is of the essence of this contr~ct u~d tMt no w~tver of any oblipafion Mreunder or of th~ oblip~tion sr ~
cured Mreby ~MU ~t any fime thereafter be held to be ~ waiver of the terms hereof a oi the instrument secw~d hsrby.
11. In additron to the fwegoing moe?thtY payments of princ:pal and interest required by the promissory nole secvred hereby. mort9sgor coven+~ri
and agrees to pay to mortgsgee with each monthly psymcm an add~tanal sum estimated by mortgagee to be eqwl to 1/12 of the annwl cost of ths folbw-
~
in9: i
A-All real property taxes kvied or auessed against the above described real estate. .
B-Premivms on firo and windstorm i~nurance as herein reqv~red to be urried on the improvement~ situate on the above desvibed premises. ,
n ~
C-Praniums on such mortgsge gwranry insurance as mortgagee shsll from Nme to time deem fit to urry oe~ the losn secured hereby.
I Mort9sgee shall from time to time notify mortgsgw in writing of the amount due and payable hereunder ~nd such sum shaU thereupon b~ d~e ard ~
~ payable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shsll ~otify mortgagor of a d~aige in such i
~ emount. S~ch sums shall be ~pplied by rtartgagee toward the payment of real proptrty taxes, insurance prem:ums, and mortga~e ~uaranty inwrance ~
' premiumf.
~ IN WITNESS WHEREOF, ths said MORTGAGOR has hereunto ser. his~and and sesl the day a year fint id.
~ -~~Sipmd, S~d ~nd I' red in tM presence of: f
c
. ~
~ i
i
~ K..
' n
/ ATE OF FIORIDA !
~ ; ~n
\ couririr oF 5.~. Lueie ~
eefon m. pe.s«?d1y appeared Fr9nkl i n A~ AArri s er,d
Valerie V. Harri s h;. w~fe, ~,,,e we~~ ,~a kr~own r, me w b.
rhe indivWwb d~wibed in and who executed ths fore9oirg instrument, and acknowkdged beforo m~ tMt tF~ey executed the sama for tl+s purposes
rhe,~;n exprested, ,4,d tt,. Ni~ V~] erie V H~rri s
w~te of rM ..id Fr nklin A_ H~t+ris - ,?po~ ,,~,..~e .r+d Prwar~
examin~tion bp me tsken sepsnte ~nd spart from her said husband, adcrawledged to and before me that shs exewted said instrument freely and volurr .
terily u~d without aMr oomp~lsion, co~ntraint, ~pprehens'~g„~n w fear of or from he? ssid husband.
WITNESS my h+nd +nd officid ssal iF~ia ~'r~~• . d~y of A. D. 19_~
~ _
r - Noury Pu in end for tl+e Sbte of Horid~ ~t larps
My ion sxpires:
Rstwn Ta Natery PubHc, lta~a ot Floride at Large
First FsdKSI S~vugs i losn Aswciation ,,._~:ti.~?~~j= My Commiss+on F~tpins Aug. 6, 1~67
Of Fort Pierce. ~~~~,i~ , jr',. Bonded By Am~rican 3urety Co. of N. Y.
`4• ' 39
Fort Pierce. Florida ~ '
, ; Jp. ~ .~Y.
Q Y L: i..~ F~~~ AN~ REC
. - ; t..~~ ~ • _ .
ST. LUCfE COUNTy. F~.
= ~i . p }l.'~~ •.~v~'_ RECOR VERIFIEO
; ~ ~~Q , _ ~
o• N 5
~~,o s~,-,~'~~ ,6l ~a ~
_ _ *?~,,,,t,:., ~(~~~~~3 1~ PM ~ . ps
~~10
ROGEi~ r~p~YRAS ~ _
BOOK164 ~~ERK clRCViT ce~Rr~,r'
- - - -
~.-y:5: - - _ - - _ - - - - - -
~
~