HomeMy WebLinkAbout1824 s. To pl~a ~nd oontinuouslY k~aP on tM lwilt~i~f 110W q IN~Nft~t ~i1Wh OII H~ I~11d i11~ 01f ~II lqY~i1M MfI PNfOfH~~Y QOYlf~ ~ iRI~ flWfl¢ ,
p~, wifh ~U pnmiwna tlwr~on p+id in fu~l, fin i~uwnu in tM vswl ~t~ndud policy fwm. in a awn ~pprowd bY tM MORTGAGEE. ~nd wi~kwtm .
inwrana M tM uswl ~undan! policy fam, in • wm ~pprovd by tM MORTGAGEE, ie wcl+ comp~nY u oomP+~i~s t!» MORTGAC~EE miy ;
directj and all fii~ ~nd wind~arm insurano~ policies on ~y of ssid buildinp~, ~e~y inbrtst therein or put tMrwf, ie tM apy~eQ+t~ wen ~for~s+id a
In ~xctis ~hN~of. sh~ll oont~ln tM vsual standa?d mat9ayN c1au~ a s~ch ot1+N dws~ a tFN Mort9~ may rpv~n. m~Ainp tM Iws u~ said po1H
ciy. Nch and ~vwy. wr•bl. a wid MORTGAGEE a in interest ~nay app~. and ~ach and ~wry a?ch policy shall b~ promptly ~u:9ned and d~liwr~d to
~ny MW by aakl MORTGAGEE u fwthK Ncurity to siid rtwrtys~ dtbt. aed. not ka th~n hn (10) d~ys in sdvu~c~ of tM ~xpiratan of ~ach policy, to de
IivN ro uid MORTGAGEE • r~newal thawf. topetlwr witA a recfipt for the prM?1um of wd+ r~ewalj and thK~ sh+ll be oo fin a wlnditam ieuwana
placsd on ~ny of uid bvild'up~. ~ny in»rut tMr~in or p+rt thereof, vnleu in tM form and wi~h tF+~ lou p+rsbl~ +s ~fo~+saidj ~nd in ~M ~v~nt ~mr swn
of Ran~y b~oomN p~yaW~ w+d~t wd~ PdkY w Potici~s s+id MORTGAGEE sAall Mw ths option ro na+vs and apply tM same on +ccovro oi tM ind~t?ted'
~eu s~cw~d hu~by w b pKmit s~ld MORTCsAGORS ro?euiw ~nd vt~ it w e~y part thereof iw other pwposes, without thaeb~ waivin~ a impah-
irq ~ny p~rity, li~n w ripht undK or by vktv~ of this mort~~ger and 1n tM ~vent said lNORTGAGORS sMll fa a+y n+we f~il to ke~p tM wid p+Nn~ses w
insured. w f~if q d~liw~ promptly aay of said polKi~s of imu~ar?ce to said MORTGAGEE, w tail promptly ro p.r fi+~b any pnmi~m thKefa or in w?y
r~ip~ct fdl b pK(wtti d'~xl~p~. ~x~cut~. ~ff~ct. camPl~te, complY wirh and abid~ by this oovKwnt, a ~ny put h~reof, said tik~itTGAGEE may pl~ ~nd
p~y fw wch irwwar~n w w?y p~rt tlwrwf without waivinp a aff~ctinp ~ny optan, li~n, puity, w ri~h1 ~ndK or by virtw of this Matp+p~. +nd tFK
full amw~a of wth ~nd ~wry wch paymMt d+all b~ N~rnsdi~tely dw ~od payabl~ ~nd sh~ll bw interest from th~ d+t~ th~rwf until paid at tlw ~a» ol
n~ns per osntum p~r anewm u~d tope~her with wch interest sh~ll b~ seawed by tM lan of this mortpape.
To pKmtt. aomenit or wffa no w~. 4np+imant a deterior~tion of uid propKty or ~ny put thereof.
S. To pay ~II and sinp~lar th~ coan, cMrp~s and expense~, includinp • ~easoaabte attorney's fca uid owts of abst~~cts of title. incu?r~d or p+id N
any tirrw by satd MORTCsAGEE, b~ta~ns w in th~ evMt of tM fsilur~ on tM part of ~M uid MQRTGAGOR b duly, promptiy and tvlly pKform, diich~~
execut~. ~ffec1. aom+pkN, oomphr with aed abid~ by ~ach u~d every tAs stipulatans. a9reemenrs, condit~o++s, •nd cov.nann of sa~d praniuory not~ and fh4
mony+p~ anY a~i~ha. and said coan. d~uq~s and ~:penses, esch and ~wry, shall b~ knrrNdiatsly due snd p~yabb: whethsr or not ther~ b~ notic~ dr
mand, ~mmpt to collett w wit p~~npt and tM full smove?t of each a~d wery such psyment shatl bear intK~st from tM dat~ th~reof until p~id at tht
rete of r?G~e pa? oeMUm pa an~wm: ~nd all s+id costs, tharpes +nd expenses incvrred ar paid. rogethar witi~ s~ch inter~at. shill b~ acvnd by tM li~n of Nw
morty~p~,
6. TMt M tM ~wm of a++y breach of this Mwtyap~ w d~fault on the part of the MORTGAGOR, w(b) in tM event aey of wid sums of nwn~y
hereln nfar~d ro b~ ~wl ptanptly ~~d fully paid within thirty (30) days next ~fter the same uverally betoaK due and p~yabk, withoul d~m+nd or notiu. I
or (c) In tM ewnt each u~d ~wry th~ stipulaYans, sgreemeon, conditions and coven+nts of said promiuwy note and th~s mortqay~ a+y a~itMr ue nw
iuly. pron?ptly and fully perform~d, d~scMr9ed, execvted. ~ffected, compteted. complied with ~nd abided by, then in eitlw a any such ewnt tM s~id +Q~
pre9ste wm mtntionad in said promiswry not~ then ~emainirg unp~id, with inferest acaued. +nd all moneys secvnd. her~by, shdl bscan~ dw and p+y~
abt• fonhwith, or fhK~ahK. ~t th~ option of said MORTGAGEE. u fully snd compktely ~s ii stl of th~ ssid sunr of rna+ey vwn org~n+lly qipubted
ro b~ paid on such daY, anythLg h aa~d pranisso.y note or in this Mortg~ge to tM conrrery nawirhsundiwp: ~~d tha~irpon or tF~ae~ft~r~ ~t tM optioe of
•s1d MORTGAGEE. witlaut noY~a w d~mand, wit at law or in puity~ lIlllQfOfQ Of 1F1lfNITN bepw4 m+y b~ prwecuted as if ~11 moMys a~cwed hKeby
hai! matund priot fo ib i+?stitution.
7. That in th~ wenf th~t ~t th~ be9innirg of a ~t any tims pendirg aoy wit upon this Mortyap~, ar to foMdos~ k, w fo nform it, w to enfora
payment of aMr da8ns h~reunder, s+id MORTGAGEE shall apply ro tFro Cou~t 1»vi~y jurisdictio~ thereof for tM appointme~t of ~ Reteiver, such Carrt shdl
fo: thwNh appoint t rec~iwr of s~~! mortps~ed property all uid aing~lu, includ~ng all and singulu th~ inconw, pofits, issws and rewnues f~om wF~atw~r
wurc~ dacved. each aed ~wry of wliKh, it bei~p ~xpreuly understood, is hereby mortgaged as i( specific~lly set fath aod d~wibed in thi ~r~ntup a~+d ~
habendum daut~s hereof, u~d such ReceivK sh+ll haw all the broad ~nd effective funct~ons arwd powen in anywiset entrusted by a Court tQ a Reteivsr, snd '
~uch appointm~nt shall b~ made by wch Court as an admitted equity snd a ma»e~ of absoluro r'ght to taid MORTGAGEE, and withow roferenoe to tM f
edequscy or in~d~quacy of the wlve of the property matgaged or to the wNency a insolvsncy of said MORTGAGaIt w the defer?dana, and th~t such
renn, profiri, income, iasues and rsvenues shall be applied by such Receiver accordinp to the tien or equiry of s~id N10RtGAGEE and ths practio~ of ~uch i
Court.
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8. To d~ly. promptly ~nd fully p~rform, d'rschar9e, execute, effect, compkte. complY with ~nd sbide by each ~nd every tM stipulations, ayre~n», '
co~difiora and oovenams in seid promtssary note uid fhis mortyage set fath. '
9. That in tM ewnt the ownership of ehs mortgaped premises. w ~riy p~rt thereof, becancs wsted in a perw~ other thsn the MORTGAGOR. tl+~
MORTGAGEE, ib u,coeuon and ~ssipro, may, wirFaut notice ro the MORTGAOR, daal with :uch succ~ssor a aucuswr in interat with rsfer~nce to this
mortype and the debl hafeby secured in the same mannc? u with Mwtgsgw without in a~y way vitietirg q disch~rying the Mwtyayo?s' li~bility Mn- ;
under or upon th~ debt hersby sewred. No sale of the premius F~ereby mortgsged and no fubeawnce on the put of tM MORTGAGEE or i» wccesson '
or assi9m and no extensan of the time for the paymem of the debt hereby secu.ed given by the MORTGAGEE a i» successors a suigm, sh~ll opsr+t~
ro ralease, discharpe, modify ~e or affect the uiginal liabil~ty of the MORTGAGOR here'u+, eithe~ un whole ot in p~N.
10. It is specifically agreed that time . is of the esse~ce of this contract and th~t no w~iver of any obl'~yation herwnder w of tM obliy~tion se-
cured hareby shall at ~ny t~ms thereafiar be held to be a waiver of the tcrms hereoi o~ oi the instrwnem secw~d herby.
11. In addition ro the forego:ng ma~thly payments of princ'pal and intcrest required by the prom~ssory note secured hereby, mottgagor covenants
and sgrees to pay to mortgagee with e~ch monthly paymeht an additional sum estimated by mortgagee fo be eqwl to 1/12 of the annual cost of fhe follow- ,
ing:
A-All real property taxes kvied or sssessed agair~st the above described real estate.
B-Premiurta on firc and windstorm insurance as herein requ~red to be carried on the improvements situate on the above desuibed premises.
~ C-Premiums on wch mortgsge gwranry insunr~ce as mortgsgee shsll from time to time deem fit to urry on the bsn secured hereby.
~ Mortypee shslt from time to time notify mwtgagor in writing of the amount due and paysble hereunder u+d auch wm shall therevpon be due snd
E payable on the due date of the next monthly payment and each successive month thereafter ur.til mortgsgee shall notify mortgagor of s charge in such
amovnt. Such sums shsll be spplied by mortgagee toward tFK payment of real propeAy taxes, inswance prem:ums, and mortyspe gwranty inwrance
i
t premiumf.
~ IN WITNESS WNEREOF, the ssid MORTGAGOR has hereunto set bis hand and seal the day srxl year fint aforessid.
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~~b u~d~d~liwr~ ~
py~sence of: ~
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SiATE OF FLORIDA - ~
S5.
Cou!•rnr oF S t_ L ~ ie
6~for~ me ps~wnally appe+red C h~Y' 1 e s Z ~ t t e 2' and
~'i~'111TV B P. Zi t te r his wife, to me well known snd known to me fo b~
the i~dividwb described in u+d who sxecuted ths fwe9oirg instrumsr~t, and scknowledged before me that they executed the sams fw the purposes
~,,erc;~ ~,cp~eswd. ,y,d ,h, Churv a P. Z i t t e r -
wife of tM said C~lAl'1@9 Zj.ttBl' upon a sep~rate and priv~t~
examinstioe~ by me tsken ~ep~rat~ ~nd ~parf from her said husbancl, adu~owkdged to and before me that she executed said irotrvment fteely and volun-
rarily x~d without any oompvlsioi+, cautraint. ~pprchansan,~r w of or hom her said husb~nd.
WITNESS my h~nd ~nd officid seal thi~ d+y of A. D. 19_~.
° 1~ / oy q
~ Notary Public in and fw the State of Florida at lups
~ FILED ANp RECOR~EDMY ~,~,u,;~, l,~;~~ V`
RNvm Ta ~ST. LUCIE COUNTY~ FLA.
Fint tid..~~ s.~~, a ~o.~ /?:~+t~w+ R E CO RD VE RI FIEb NoturY Pu~iic. St~te ~t Flori~a at la-,~ ~
Of Fort Pierce. My Caaousiwn Expires Nor. 3. 1969
to~d~d !r Mer,csn Fu~ d C+s~ry~~.
Fwf Pierce. Fbrida ~ •''~r;,~ ;
~ ~ •t~;11eQi,~ -
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fE6 13 AM I I. 46 ~ y,,,........,,.~~,~~~.
1-52'7~5 ~ ~
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i~O~E R r OITR~S - • ~ ~E V ;
CLERK CIRCUIT COURT : ~=`~r t~ ; ,
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0 R 1V~ PACE~B~~ '``>,,~~,~Q.~ ~ o :
~OOK • jJ::r,i~~~s::•••'
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