HomeMy WebLinkAbout1113 To pl+a and ca?tirwov~lY Iu~P w+ ih~ buildirgs naw a ha~ahN W~wN on ia~d land and on all puipnwM and pKwn.1~Y c~ownd by ihis morlp~
p~, wilh dl p~miwm thereon p+id in fvl~, fin insvr~i+u in th~ uswi sundud po1kY fomn. M• wm ~pprowd by tM MOI[TGAGEE. and windtMnn q.
Nrwana tn tM wu~i sqndxd pol~cy fam. in • wm r,.proved by tM MORTGJ?GEE. in wcA canp~ny a oomp~ni~ a th~ M~ORTGAGEE ^n+Y ~
dinctr ~nd dl fke ~nd wird~w.n+ irqwana poliNss on ~oy of ~aid buildi~p~, any inq.~st thetein a p~rt tMrwf. b th~ pprp+N wrn atorq+W a
In uccw~ ~hKwf, ~1a11 coroain tM aa~+.+::,, mongagee dws~ or su~ aha clavs~ a fM Mortqay» may nqvw~. m~kinp tM lo» u~clK s+id poli~
ci~s. tad~ w~d ewry. Wrabw a wd MORiGAGEf a~ts ~n~erest m~y ap~ar. and each ~nd wKY wd~ P~Iiq shall b~ PromW~Y au:~ned u~d d~tiwnd •ro
~nr held by s~W MORTGAGEE a fu.tha secwity to aid mortp~qe debb a~d, ~+w ks~ ~h+n ten p0) days in ~dva~+u of th~ ~xpiration of ~ad~ policY. ro da
(iwr 1o s+id MORTGAGfE ~ ~~naw~l thertof. ropstFw wirh • roce+pt iw th~ prsmiwn of wch ~~ntwalj and ther~ shsll b~ no fin a wi~stam M?uwar~
plaad on ~ny of satd bviWirgs, ~oy interasl tF~ein w part ~hereof, uoless in tM iwm ~od with tM loss payabl~ ~s afa~s+id~ ~nd in tM ~wnt am? wm
of moe~y becoe+~ p~yabN w~da wch pclicy o~ pol~ ~aid MORTGAGEE shall Mw ~M option to recaw ~nd ~pply tl+~ s~n~ on aaov~t of th~ ind~bted~
e~s s~cw~d hu~b~? or b pamit sald MORTGAGORS w nc~iw and vs~ it w any pwt tF?ereof fa other purpotes, without tAereb~ waivinp at ~mpair-
hp anY pv~ty. li~a a rghl undss w by vi?tw of this mwtysqe: u~d i~ tM ~vent wid MORTGAGORS sh+ll fa ~ny reaon f~il to kNp tM s+id pnmises w
kuund, or f~Tl b de~iwr promptly any of said policies of insw~nc~ to s+id MORTGAGEE. a fail promptly to p~Y fully a~y pnmium thK~fw w in aMr
nspM f~il b pMfwr~, ~xMrge, ea~cvt~. ~ffed. complet~. comWly with and ~bid~ by this ooven~nt. ar ~ny put 1»noi. ~+fd MORTW?GEE m+y pl+o~ u+d
WY for wd~ iro~ianc~ or any put thsnof without wsivinp or affactk~p ~ny opt~on. ~i~n. M~+iry, a ri9ht uad~r a by vtrtw of this Mortps~. ~nd th~ -
full amouot of each and wery wch p+ymeat shall b~ irtrnediat~l~ dw ~nd p+yaW~ and shall bear int~rat f?om th~ d~h tMr~of uotil paid at tM at~ ot
rw?~ pe~ cMrum pK annum u~d toge~her with wch k++erat shaU b~ iecwed by th~ 1'»n of thts mort~e. ~
4. To pKmit. aorereit a suffa no wast~, imp+irmsnt o? deteriora~io~ ot s~id property or ~ny put therwf.
5. To pay al) and skgular th~ coa~s. d»?pes +^d exPe^s~s. tnctudinp a rossonabh ~ttorney's fa~ an! aeas of abatracK of titte, inctiwt~d w pafd tl ~
any tims by wid AIIORTGAGEE, beuuse or in th~ went of the fulun on th~ put of tM s+id MORTGAGOR 1o duly. ~?.o~,~y .~,d f~,iy p..fann, ewci++~y.~ E.
•xecut~, efiect, oompku. comply w~th and ab~de by t~ch and every ths stipul~tans, preements. condition~ and ooven+nn of s+~d promis~o.y no~• +nd ~hn s
mor~y+0~ aey o~ a~ha. ~nd s~~d cosM, ch+rges and ~:peeses. e:ch and ~very. shall b~ imm~d'utely due aad payabl~s whefMr a eat tl~~ M noria dr
m+nd. ~nempt w coU.c~ a u:tr pend~ny; u~! ~M fu11 rno~x~r of each u+d wery wch paymen~ sh+11 beu int.r.ar fran ~t+~ dan fMnof ~nfil p.id a~ ri~
rate of ron~ per centum per annum: +nd all said cosn, chu~es and sxp~nses incwr~d or p+id, topsther w~th wch Intw~st, sFull b~ s~cw~d by tl+~ li~n of this
mort~+pe.
6. ?hst (a) in the event of any bresd~ of this Mong+g~ o~ defsult on th~ part of ths N10RTGAGOR, or (b) in tM ~w^t a+Y oF ~+~d wms °f m°^~Y
herein ?eferrod ro bs .at prompNy ~nd fully paid within thirty (30) days neat aftcr the sarnt sevaallr becan~ dw ~nd piyabl~ wNM~t dan~t?d or tatip.
or W In tM ~wnt each ad every 1M stiputations, ~greanenta, conditions and coven+nn of s+~d praei~ssory not~ and this mortpay~ «+y w NthN +n no1
iuN. promptly and fully p~rformed. d~schuged, execurod, effect~d, compl~ted. oomplied with ~i+d abided by. N~en in ~itlwr or a~y wd~ ~wM tM a+id
9~agiM wm mentaned in sa;d pranissory note thcn rem~ining unpaid, with int~rest ~cuued, and all ma~eys s~cvnd hanby. sMll bseoeN du~ uid p~y~
able forthwith, a thereahN, st the option of said MORTGAGEE, ss fully snd compktely ~s if all of the s~id wms of ma~ey wer~ aipin~lly stipulated
to bs paid on such day, anyrhing i~ said promiuory no~e or in this Mortgage to the contrary notwi~hs~sndinp: snd the?a~pon a ther~shK a~ th~ option of
isid MORTGAGEE, without notice w demand, wit at law a in equity, thcrefon or thereafter begun, rtwy be proseaited u if ~II moneri Ncvrsd F~utby
fiad rMtwed ptrot to its irqtiwtion.
7. ihat in the event that at the beginning of or at aay time pendiny any wit upon this Mortga~e. w fo faedo~e N, w to refoRn h, o? fo enfwp
payment of any claims he.evnde., said MORTGAGEE shsll apply ro the Gowt Mviny jurisdk~ion thereof io? tM ~ppointnNnt of ~ R~ceiw?, wcl+ Cour1 sh+ll
Forthwith appoint a receiver of sai~! matgaged property all and s'uyular, intlud~ng all a~d sing~Isr the intoms. profiri, hsuts and t~wnves fran wMtewt
aowce derived, each and every of which, it beirg expreuly vnderstood. is hereby mortgsged as if specificalfy set fwth and describ~d in tl+~ yr~ntinp and
h~bendum clavses hereof, and such Receiwr shall have all the boad and effect~ve fu~ctwns and powers in snywis~ enfnnted by a Caxt tp ~ Raoriver. and
such appoinrment shall be made by such Cowt u sn ~dmitted eqviry and a m+tter of absolute right ro s~id MORTGAGEE, and withoW nfere~o~ ro the
adeauuy a insde+nracy of the wlve o1 the p.operty mwtgsyed w to the whcncy w insolvency of said NIORiGAGOR a the defend~nri, and that wd~
, renta, profits, incomc, iu~es and revenues shall be spplied by such Rcceiver accordinp to Ih~ lien or puity of said MORTGAGEE and the practic+ of suth
Cowf. -
8. To duly, promptly snd fully perfam, dad+arye, execute, effect, comFlrt~, s~nply with and abide by each and wety tM stip~latioea. ayrs~rt~u?ts,
conditions ~nd covenants in said promissory note and this mortgsge aet fwth.
9. That in the event the owne+sh~p of the mortg~ged premises, or uiy part thcreof, becomes wsta3 in ~ pawn oth~r Nwn th~ MORTGAGOR, tl+~
MORTGAGEE, its successors aod autgro, may, v+rithout notice to the MORTGAOR, deal with such successor or wueua in interest with nfn~nte to this (
mortQ~pe and the debt hereby secured in the same marxrcr as with Mortg~gw without in ~ny way vitiatup p dixh+rginp the Morty+yws' Wbilify her? '
u~der a upon the debf hereby secured. No s+le of the prcmises hereby mortgaged ~nd +no fwbearante on the ps?t o( th~ MORiGAGEE or ih suaesso~s
or augns and no extensan of the time fw the payment of the debt hereby secured 9iven by the AhORTGAGEE or ib s~coessoa w assigra, sh+ll operat~ ~
ro rekase, discharge, modify change or affect the uiginal liability of the MORTGAGOR herein, eithe~ in whole w in put.
10. It is spedfically agreed that time a of the essence of this contr~ct and that no waiver of any obligstan haev~der or of ths oblipation sr j
and he?eby shsll at any time thereafter be held to be a waiver of the terms hereof w of Ihe instrument seared Mrby.
11. In add~tio.~ to the forego:ng monthly payments of princ'pal and inte~esl required by the ptomissory note secvred hereby, mortgsgor tovenants
and agrees to pay to mongagee wi?h each monthly paynxnt an addirional wm est~mated by mortgagee to be equsl to !/12 of•ths annwl cost of ths fdlow-
ing:
A-AU real property taxrs kvied or assessed against the above described real estate.
B-Premiums on fire and windstorm inwrance as herein requ~red to be carried on the improvemenri sitwte on the ~bove described ptemit~s.
C-Premiums on such mortgage guaranry insurance as mwtgsgee shall from t~me to time deem fit to urry on ihe loa~ ~ecured hereby.
Matgsgee shall frwn time to time ratify mwtgagor in writing of the amount due and payaWe herevnder ~nd such wm shall there~rpon b~ dw and
payable on the due date of the next monthly payment and each successive month thereafter ur.til morfgsgee shall noti(y morigsgw of e tharge in such
amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance prem:wni, and mortgspe qwr~~fy inwr~nc~
' _ premiums.
~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and sesl the dpy and r fint afaesaid.
I' -
s~ Sealad atd delive~ in N~e presente of:
, ct~_..~-1~ . ~ir~. ~ ~n
~
n
~o
STA7E OF FLORIDA
- V courm of S t. Luc i e : u
e~.e m, a~,~„iy ,~„~a L F. My er 8 .~,d
Evelyn (3. Mvers tw wif~, w n+. wel~ k,a~w~+ s~,a waw~, w m b.
the ine~ividuab desuibed in and who execu~ed the fw~9~, ~nstrument, and acknovriedged before me that they e~ucuted tFw sana for th~ p~xpwss ~
~he.en .xp?.uea. a,a the said ~+ve 1 yn G. My e r s
wite of rM .sd L. F. Mye r s - ,rpon , s.p...a snd p.tv.r~ '
e:amination by me tsken separate snd ~part from iier ~id husbsnd, ~dc?wvvtedged to end befws me th~t sM execvted said iratrument heely ~nd volwr ~
tarily and witho~rt uiy compulsioo, constraint, ~ppreFiernion, w f of or from he? said iwsband.
WITNESS my hand and official se~l th' dsy of A. D. 19~
_ ~ _ ~
. Notsry Public in and fw th~ Stat~ of Florida at Larp~ ;
S~\~NNttfl~ ; _ ~ - - - . My CommissiOfl fxpiKM: ~
_ Return Ta h~ ' • . ~~0lify PI~K. ~1! O~ FlOlldi i1 ~ifqt ,
Fkst Fsder~l Ssvirgs i loan Assotistion _~(L ~~i •i` ' , t
1 fiAr Co~wasio~ Expire; Sept. 23 1465 ~
Of Fwt Pierce. ,~~~~~'1'~~` ~ MwN b A~Mr~ Rw i Cr~ir Ce_ £
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fort Pie~te. Florida Q: ~ - . , : ` {
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