HomeMy WebLinkAbout1168 To plao~ ~nd amti~wwh k~P o~ ~M buitdinps now a h~rNfar ~iwaa on said Iand ~nd on ap p~pnwnl ~nd p~rwr~alh aov~r~d b1?1Ns a~orq~
y~ witA dl pnmiwnf ~ha~on paN! in fu16 fin irawanu in rM uwal uaod+rd policy ipn~ in • sw~ approwd bt? th~ MORiGAGEE. u~d wi~tonn
i~»w~na h tM vwal uand~rd polic~? fam, in a ~wn app(ov~d by tM MORTGAGEE. in wcl~ canP+nY w oonWa~iq ~ at tM MORTGAtiEE aNl?
d'rKt~ and all fln ~+d wind~wrm insurant~ polici~s an aoy of ~+id bvildiap~, ~ny inea~at tFiu~fn a p~rt tM?wI. h th! ppn9+h w~+ ~forqaW or
In ~zaa tMnof, slrll aonqin tlw wwl uwidard morroa~ d+w~ a wd~ aha da~ a tM Moctp+p~ e++1? nqu~n. a++l?inp tM loaa u~wla s+id po~i~
cia. ~ach and ~varY. WY~ w ~aM M~OitTGJ1GEE +s in imeres~ m~y ~p~»+r. ~nd sath and ~v~y sah po~itll slwll b~ p~anptb +stipned and ddivu~d b
.ny MW by said MORTGAGEE a fwthN sscwity ~o s~id matQsp~ d~bt, and. ~ot I~ss th~? tse l10) d~ys ie ~dvaoa of tl» txpk~tia+ of ~ po1kY. to d~
fivN b ~+W MORTGJ?vEE a nrnwal N+awf. to~t1+K wiM a rec~ipt fa tFr pnmiwn of weh rurw~li and the~ sMll b~ ew fin a winda~am inaKaoa
pl~ad on ~ny of said bvil~np~ u~y Int~nst thK~in o? pat tMreof. w+l~u io tM iwm aod with tM loss paY~b4 a ~fort~Wr aod in tht w~M ~ny wm
of ~w~y becow~s p~yabb wch policy or policia aaid MORTGAGEE sh+ll h~w tM optian to ~eaiw and ~ppl~? th~ wn~ an ~coow?1 of tM Md~bt~
ness s~cw~d Mnby a b pK~nit aaid MORiGAGORS fo no~iw +nd ~ N a+~y P+~t the?eof fw other pu?pw~s. wi~hout the.sby waivinp a impsl~
inp ~ny puity, IiM or ~ipht wdar w by vir~w of th~ mortpap~; and in tM ~vent wid MORTGAGORS sh~ll fa aey nason fdl fo kMp tM wki pr~twt w
irour~d, w f~p fo d~tirar prompth ~nY of s~id policies of iiaur~nw b said MORTCsNGEE. a f~il P~~+P~h m P~Y fi+~N +~Y P~~miwn tha~fa w h ~nr
r~spat fail b pMfon~ dittMry~. e:~cvN. ~ff~tt, oomplet~ complY witl~ ant! sbid~ by N~is covMSM. w~nY P+rt Mroof, s~id MORTGAGEE n~ Pbo~ ~nd
PaY fw wd~ Mfurar~w or any p~tf M~reoi withouf waivinp a aff~tttnp oPfia4 ~iM. p~~Y. o~ ripM und~? w by v{rlw of this Mwq~pR. and tM
fve «naxw of ~ath and wery wch piYm~nt siwll be inrnediahly du~ and paYabl~ ~nd th~lt Msr infer«t f?an 1M d~N•tMreof u~til p~id N th~ nN ol
nin~ p~r petwn pp airwm uid fop~ths~ with s~xh Inh~sit sh~ll b~ seewed b~t tIN ~n of tl~k enott~p~.
1. To pKmit, a0mm11 or wfhr no w+st~. N~WUment ot d~t~iaatan of said ptoperly or any pul ther~of.
S. To p~y all ~d sinpu{ar th~ oo~t~. dwrpM ~nd ~xpKws. includinp a rsason~bb ~t~wneY's fN snd aosts of ~batracts of 8tle, incwnd or paid ~t
sny tims by a.id A0.oatW?GEE. b.wn. « tn th. .wnt of the fa~1u.~ on th. p~.t of ~h. ~+id MOittGl?GOrt a duly. promWN .ed fv~ly p~forn~ d~roR
s:eartt. ~ffed, oomptete. con+P~Y with and ~de bp tath ~nd ~very the sY~p~la~ions. ~prtements. tondilior?~,. ~nd ooven+nri of s~id pranissu+Y nol~ and thi~
+++~~9+~ +^Y a eitMr. and sa~d costs. d+u~s and eapenws. ~ad~ u+d ~very, sh~ll b~ YnnNdiately due and psyabl~t whHFw or ~ thKe be notia dr
Rand. attunpt w oolkct w wi~ p~nd~npj and tM fu11 arnouot of ~ach and ~w.y wch p+trm~t shall besr inr~nst fron~ th~ d~t~ tMrwt vnHl p~W ~t tM
rate of nine pe~ centum psr anwen: and all s~id oosrs, chug~a and oxp~ua incwr~d ar p~d, ~opaFwr with wch int~nst. slwll M s~ew~d bq th~ li~n d tiw
^wrro~- - -
6. iMt in 1M went of ~ny brtath of thi~ AAwty+p~ a dtfault on th~ p~rt of the MORTGAGOR. 9r (b) in tM ~wnt ~nr of wid wmt of morNy
her~in nf~rnd to be not promptly and fully psid within t!?irty (3Q) days next after th~ ~ame seve.atly b~can~ dus aod payabtt, withoul d~n~ed a ~otio~,
w W tn th~ ~v~+u each and ~very tl» stipul~tioe~s pna+mnta, conditions and aovenanb o( s+~d p?omissory note and this morlp+p~ anY or ~itMr ++t no1
ivly, promptly and fully pKfa-med, discMryed, ex~cv»d. ~ftstted, tomPl~ad, tompli~d with ~nd abided by. tMe~ in ~ither ot any wd~ ~wM tl» sad a¢
greg~t~ wm mantioned in s~id promissory noro Mkn remsinirg ~npa~d, with inte.est acvued, u~d all mo~eys tecw~d I~~by, slwll bsc+om~ dw and WY~
ebk fonhwitl~, a thersafter, at the option of uid MORTGAGEE. a fv~ly and compktely ai if atl of the said wms of mon~y were oripin~~ly atipulated
ro be pa;d on such d~y. anyth;ng in said promissory noro w tn tlds Mwtgage to tM contrary notwithstu~dirgt and thereupon or thenahM at th~ option of
sas~ {~itQRTGAGEE, withovt rwtice or danW~d. wit at law or in eqvity, theraforo or tlweafter be9o~, may b~ pro~ecuted as If ~11 montys wuxd Irreby
had msfwed prior fo iri institWion.
7. Th~t io tM eva+t tM? ~t the beginni~+g of o~ st aoy time pen~ny any wif vpon this Matgag~. a to fwaclos~ it, or M nfam B. a M e~tora
paymem of aMr daims herevnder. said /NORTGAGEE shall ~pply to the Govrt having jurisdidion thercof fa tM appointrrwnt of ~ R~ceiver, svck Caxt shsll
Forthwith appoiM s raceiver of ssid n+o~rtgaged property ~II and sirgulu, indud~ag all snd sinpvlar tM income. protits, ifs~a and ttwn~es fran whatwN "
source ckrived. eacl~ ~nd svery of whith, it beag txpreuly vnds?stood, is fxreby mor~g+ged u if specifiully stt forth and desuibed in th~ pr~ntNp s~d
habendwn dawes hereof, and such Reaiwr shall lave all :`+s b::.~ «.d effective funct~ons ~nd powen in +nywise emm~t~d by a Caxt ty a Reuivw, and
:uch appoie+tment sh~ll be mad~ by wch Caxt ~s an admitted eqoity aod a~natter of absolute right ro s~id MORTGAGEE. and without nfe~ena to tM
adequxy w inadequacy of tlie wlue of the p.opxry morty~ped w to the saveocy or inwlvency of aaW MORTGAGOR a the defendants, and th~t such
renn, profits, income, issues end revenves iMll be applied by sud~ Reoeiver xcordinp to tM lien or equiry of ~aid 11AORiGAGEE ~nd the pnetic~ of wch
Court.
8. To dvly, p?ompty ~nd fully perfwm, d'ncMry~, execvts, effect, mmpkte, oomply with and aWd~ by each and ~very tM stiput~Y~oen„ ag~«rt~nU.
conditions and coven~~b in aaid promissory r?ot~ and thp mortysye set forth.
9. Th~t 1n tl» ewnt ths orvnership of tl+e mortgped p~emises. w a~iy psrt thereof, bcaomes wsted in a qnon otl~sr tlwn ttr MORTGAGOR. th~
MORTGAGEE, 3ts s:r•cesso.s and ~uigns, may, witFwut notice ro tl+e MORTGAOR, deat with such suaessw or aiaessor in iMS*est with nferMU to thia
mortgaps and the debt hereby sec~red in the same manner as with Mwtgagor without H+ any w~y vitiatinp a d'~rpi~p ttw Mortyapors' IiaWlity Irra
under w upon the debt hercby secwed. No s+~e of the prem~scs hercby mortgaged and no fwbear+nce a+ th~ paA of th~ MORTGAGEE a ib wccessors
w suigns and no extension of ~he ~ime for the p+ymeM of. the debt he~eby secured ~iven by ~M MORiGAGEE or ns woasson a assipra, z1~+tl opaan
ro release, disch~r9e, modify change a affect tM o?iginal liability of the MORTGAGOR herein, either in wlal~ or ln p+rt. ~
10. It is specifically agreed that t~me is of the essence of this. coNrsct ~nd thst no wsiver of sny obli9aYwn larwidsr or of th~ obUp~tioe se-
cured h~reby shall at ~ny time thereafter be heid ro be s waiver of tne terms hereof o? of the instrument secvred herby.
11. In add~tion to the faego:ng mo++thlY p~yments of princ'pal and interest required b/ the promiuory nore secured hereby, mortgsgor onvenanb
and agrees to pay to moctgsgce with esch monthly payment an sdditionsl sum estimated by mortgagee to be eqwl to 1/12 of the amual cost of ths follow-
ing:
A-All reai property taxes levied a assesud agains! the above tkscribed real estate.
B-Premiums on fire and windstorm insurance aa herein requ:red ro be nrried on the improvemenri :itwte oa th~ ~bove described promises.
C-Premiums on wch mortgage gwnnty i~swance as mortgayee sl+slt from time to time deem fit ro nrry on ihe ban iewred hereby.
Mortgagee shall from time to time notify mortgagor in writing of the smouM due snd paysbk hereunde? and such wm sM0 there~pon be due ~nd
payabb on the due date of the next monthly payment and exh waessive ma»h thercafter until mortgsgee shsll notify mortgagor of a thanpe in sucb
~I amount. Such sums shall be applied by mwtgagee toward tFK payment of real property taxes, inwrance prem:vms, and mort9s~t ~wr+nty iruur~nce
~ prMfi~M1~f. _ -
~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set ha Mnd and seal the day and yeat first afor~said.
•lad and delivered In M~e preseaoe of:
~
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- n
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STATE OF FLORIDA ~ ~
courm oF St . Luc ie
~„o,,,~W John Mae on Yo t .~a
Ann MeMil 1 n Yount _ tu. wi+e, w me we~~ k,awr+ .na known to e» w b.
rne ird'rvidwb describad in snd who e:ewted the forepoirg kntrumN?t, and acknowkdped b~fore rrw th~t ttry txeated tl+s sa~e~ fa th~ purposes
rherein ~xpresssd. Md the sa~ M~Mill9n vo ~nt
w;f~ ~ „d • John Mac ~n Yount - , upon . ..p...a .~a P.w,a
exarrimation bp me taken sepan» and ~put from her s~id husb+r~d, adu~ovvlsdg~d 1o and befon ms tMt sM executed s~id kntrument h~ely and voluo-
rarily and withovt any oompulsia4 aoratnint, appreheroan, w f~ of or from her s~id tw~band. A, D. 19~_
1NITNE55 my h+nd and offiasl seal ' day of _
~ry Publk in u~d for fh~ Sut~ of Fiorida d larp~
~ _ My Cammission ~xpiras _
~ R~turn Ta ~~~,•~~~N~::~~~t~~ ~~ry P~i, s1n! Of ~1di ~ Vtq!
Firq F~d~ra) Sav&gs ~ Loan Asfoti+tion - ~t ~ ~i: " `
: ~'~'•r
Of Fort Pierce. Y: ~ ~i~ ~ ~ j9~
. iwt Pieroe. Florids f~~~C~ S~~ M ti«ica. F'w t WnYp Cw,
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pE0 j.: r~ _ .s~ -
p ppp RECOR - = = _
F~L
UC1E COUNTY. ~LA• o t~ L-
5T' ORO IFtEO ~:,i;;._~, :i~, : =j . ~
L VER ~ ' f
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P.K CIRCUIT COURT ~ 800~~~'5 PACE ~ ~
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