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HomeMy WebLinkAbout2045 1. To pt+o~ and ca+rinua,sh bw ~Fr bu~~d~nps now w hsnaha utw» on ~aW land ~nd on ~II ~qutpen«~ and pK~onatly aownd bt? thts narq~ w~, wilh dl prtmiums Ihereon paid in full, fir~ insuraet~ in tM uswl standud policy iornb in ~ swe aPProwd bf? IA~ MORTGAGEE. and winda/an~ ~nsu~ar~ in ~M uswl seandud pol~ey fam, in • sum ~pproved by tM MORTGAGEE. M wd~ eanp~nY w ooMp~ni~ +s ~~TCsAGEE rna~? d~redt and dl fG~ ~~d wind~wnn intwanu polKies on ~ny oi wid bvild'a~pf„ M?p inNnst tl~~in a part thKwf. in tM ~pprpaN wn+ ~fonNW a In ~xcys ~Mrwf, ~h+ll cont~in tM vwal standud morryagK clavu a wch wMr daw~ as ~M Morty+~t m+y ~puin. m+ti~+p tM ~os~ w~ w'd po1F cies, e~th and ~wry. paYabl~ w aid MORTGAGEE ~s its interest m~y app~ar. N+d tach u~d ewry ttxh policy sMil b~ pranptly aaf:9rnd Md d~livK~d q any Mid by s+id MORTGAGEE u ivrthe+ security to s+~d ma.tp+~e dtb~. +nd. n01 Itss tb+^ tM (10) d~ys in +dn+nu ot the ~xpGation of Nd+ policy. 1o d~ I~~er ro aW MORTGAGEE ~ reoewal thereof. top~f Mr wi~h • ~ece~p~ fw th~ pnmiwn of wd~ nn~w~lj ~nd th~ aMll b~ no fin w wi~~onn kawana piac.d on ~ny of s~W b~i4dlnps, u~y int~r~a1 there~n ot p+rt ~Fwreof, unleu ie ~h~ form and wi~h ~M lou p+y~bl~ a afa~saidi and in tM ~wnt +ny wn~ of mon~y becanas paYabk w~da wch policy a polici~s said MORiGAGEE ~hall Mw tM optian ro nc~iw u+d ~pply tM s~rn~ on acaowN of ti» Ind~bt~ neis s~cwd hersby w w pKn+it ssid MORTGAGORS to ~eceiv~ and ~ N or any part thereoi fa oti+e~ pwpos~s, without thsreb~ waivinp or impair- ~ng any eqvity, li~n a~i~ht under o. by virtw of this mortyape; ~nd in tFw ewnt t~id NWRTGAGORS sh~ll fw any r~ason f~il to kkp_tM s~id pranisM so insured. w f~ll b detiwr pranptly ~ny of said policies of insu~anc~ ro s~id MORTGAGEE. a f~il promptly to p+Y fully any pr~mium th~t~far a fn anp respect f+il b pMfotnL discMrp~, eaecuts. ~ffect, comptets. complY wi~h u~d ~bid~ by this coven~nt, or ~ny pan I~~of, s+id MORTGAGEE m~y plso~ a+d fu t amo~o~t o sach u~d ~wrY ~ P+Y~~f t sha'111 bt i'mm~ed Nlyfdw~and pay~b uid sh~l~bs intt~i~sl fran tM d b tMrwff tl,i1 ~Allort~p~, ~nd to n~ne per centum per annum and together with suth interest shall be setvred br tIM INn oi thi~ mOr~ppt• 4. To permit, camnit w suffa no waste, impairment w deteriw~tion of s~id properry a+ny part thereof• S. To pay sll . u~d sinpular the costs, ch+r~es and expe~ses. i~cl~dirg + reason+W~ atlaney's fN ~nd oosts of abatracts of ti~t~. McuR~d a p~id N eny time by said MORTGAGEE, b~cause w in the event of ths failws on ths pa?1 of th~ s~k! MORTGAGOR b duty. pro~nP~h +^d fi+NY P~~4 ~ execute, effect, complete, compy with and eb~de by each a~d every the sfipulations, ~preertrcntf, tanditianb and aownan?~ ol sai~l PromitswY not~ and thk rr,ortgaps ~ny a ei~he~. and ~aid costs. ch+ryea and expe~ses, each and srery, sh+ll b~ inwnediat~ly dw ~nd pay+blet wMtMr w no1 thKt b~ notia d? r„and, attempt to colkcl or wit pe~dingr +nd the fvll ~movn~ of e.ch and ewry wch paymMr aMU bea. int~nst froen tM da» th~~wf unNl paW ~t th~ ~are of nin~ per tentum per ~nnum: arK! all said oosts, charges ~nd expenses incurnd o~ p~id. loptthet with such Intensl, ~hall b~ ~cu~~d bp tM INn Of thi~ mart9s~. - 6. That in the eveM of any brexh of this Mortysy~ or default on tM parf of tM MORTGAGOR, w(b) 1n fM ev~t N+Y o~ ~+~d ~w~ ~^~y herein refened to be not promprly and fully paid within thirty (30) days next after the same aver~lly Mtan~ dw ~~d p+yabl~. without dan~nd a notiq. or (c) in th~ event each and every the stipulations, agresmcnts, conditions and coven~nb of s~w! promis~uy not~ ~nd this n+ortp~ ~ny w NtMr u~ nol iuty, promptly and fully perfwmed, diuhsrged, executed, effected, completed, compli~d with ~nd abided by, th~n in ~itl~ w~ny wch ~wnt fM uid gregate wm mentaned in said promissory nots tF+en remaining u~paid, with inte~est acuued, and ~II rnonsys t~tund, her~by, shd) b~oon» dw ~nd p~y~ able forthwith, W 1MfNf1N, at the opYwn of said MORTGAGEE, u fully and tompktely as if ~II of th~ said su~s of momy vwn a~p'u?+ly ~tipul~t~d ro be paid on such day. anythi~g in sa~d promiuory note or in this Morty~ge to th~ conn~ry notwithst~ndinp~ and thu~upon or tMr~aftu ~f fM op~ian Of sa~d MORTGAGEE, without notice or demand, suit at law or in equity, therefue w th~r~afta b~yw4 nwr b~ prowwt~d at If al) eaMys NdK~d hM~by had matwed prwt to its itutitution. Y 7. Thar i~ the event that at the bcgiiu+irg of or ~t any time pendirg sny wit upon tlr's Mortyy~. or to ~o?edoN N, w fo nfam h, a ro~nfwa payment of any claims he?evoder, said MORTGAGEE shall +pply to the Cowt having jwisdrction therwf fw th~ appantm~nt of ~ R~uivw, wth Court fh~ll Fo~~hwith eppoint a receive~ of sai~ mortqaged prope?ty all and singular, includ~ng all and sirgvtsr tM inoonn, profin, iuws u~d nwnw~ fran whaqwr no~rce derived, each and every o# wh~ch, it be~ny expreuly under:rood, w hereby mo.tgag~d ~t if specifiulFy s~t forth and de~uib~d in thi Onntlnp +nd habe~dum ctauses hereof, and such Rcceiver shall havc sl1 the broad and effective funct~ons and powen in ~nyvrlie enmated by ~ Court t9 a R~a~iwr. ~ed s~ch appointmeot shall be made by wch Court ~s an admitted eq~iry ~nd a m+tter of absolut~ ripht to aid JMORTGAGEE, and witho~f nfN~ne~ fo th~ edequacy or inadequacy of the value of the property mwtgaged w to the sotve+~cy or insolventy of said MORTGAGOR or 1M d~f~ndanri, ~nd that s~eh re~n, profits, income, iuues snd revenues shall be applisd by such Receiver accordinp to tM lien w puiry of wW MORTGAGEE and th~ practia of such : ~ Court. i 8. To duly. P?a^Ptly ~nd fully perfwm. d'rscharye, execute, effect, mmPku, compfY with and ~bid~ by wd~ and ~wry tM ~tipulafio~M aprMnNnb+ ~ condifiom and covenanrs in said promissory no~e ~nd this mwt9age set fwth. ' 9. That in the eveM the ownenhip of the ~nortgaged premises, a any part tF~ereof, betanes vahd 1n • p~rwn ofMr 1h~n th~ MORTCsAGOR, th~ ~ ti~ORTGAGEE, its wccesson and auigns, may, wi~hout notice to the MORTGAOR, deal with tuch sucwwr or woassa in int~rNt with~ ~KMa to thb morrgage +nd the dcbt hereby secured in the same manner as with Mwtgagw without in any way vitiatiny~ or distharyirg th~ MwtyapOra' liabllity Ikr~ under or upon the debt Aereby secured_ No ssle of the Fremises hereby mortgaged and no (wb~ar~no~ on the parl of tM MORTGAGEE or its wceeswn or ass~gns and no eztension of the time for the payment of the debt 1?ereby secwed p~wn b~r the N10RTGAGEE or in sucasson or auipM, ah~ll op~ab ro release, disch~rge, modify change w sfiect the original liability of tM MURTGAGOR h~rein, ~ither in whol~ w in part. 10. It is spedfically agreed that time is of the esscnce of this contract snd that eo waiver of any oblip~tan htrwnder a of th~ obllpati0n s? cured hereby sMll at any time thereafter be hefd to be a waiver of tl~e terms hercof or of the instrvrnent asa~t~d Mrby. 11. In addrtion to the fwego:ng monthly payments of prin~ pal and imerest required by the promisfory nole secured hereby, mOrf~~yw OowMnM ~ ~nd agrees to pay to mortgagce with each mon~hly payment an addirional sum estimated by mort~sgee to be pwl 10 1~12 of ths ~nnwl tott of tM fOllOw- ing: { A-All real property taxes kvied or assessed against the above described real esqte. ~ B-Premiums on fire and windstorm insurance as here~n requ:red to be tarried on the improvemenri ~itu~t~ on ths above dew'b~d p?NniNS. c C-Premiums on such mortgage guaranty insurar.ce as mwt9sgee shsll from time to time deem fit to dtry on tM lo~~ setur~d hu~by. E ' N Mortgagee shall from time to time notify mortgagor in w?iting of the amount due and psysble hlreund!/ and tuch wm s1N11 thNNipWI b~ dw and ~ ~ ~ayable on the due date of the next monthly payme~t and each successive month thereafter umil morfysgee shall notify morfgagor of • chanp~ In avth ~ a~~ount. Such sums shall be applied by mortgagee toward the payment of real property t~xes, inwruxe prem:ums, ar+~d matp~pe yuaraMy insurarw ~ premiums. - ~ IN WITNESS EREOF, the ssid MORTGAGOR has hereunto set his hand snd seal tFie day ~nd year fint ~forqaid. ed and delivered in the eaence of: i. ~ r , ~ ~ ~ n--n _ STATE OF FIORIDA ( • ~ Luaie ( ! couNn oF St. , Befwe me persorWlly appeared Cl~rellCe D. DeW~~t ~nd Beverly Ann DeWitt hi, wif~, ro m. wel~ kr~o~wn a,d w,own w m. m b. ~ the indirid~ls~d8'scribsd~ hf and vrho executed the fore9oiny instrument, and psckaowl befon rtw that tMy ex~wted ths sarra fa th~ purpw~s fhereiri ~%~sfOd:'_.~~~~f/ifyllf~-.,'.~ De~e~y_A~1 DeWitt N;re.oi ~W+e ;;~a ~ - Clarence D. DeWitt - , , ~...r..~,a P.H?,a e=am~osY~on bjc.m~e ta4sn aepuase.a~d'apart from her said husband, scknowledged w+nd befw~ m~ that she execwed said irotrument ffe~ly and volue~ ~a~~(y and wltbcwf any combukio~, c4n3traint, appre~ a feu of or from her s+' Fwsband. 6 WITAESS my Mod and' o1f'~cia{' ssal thi~ ~ n~~- day u{ ri A. D. 19~ • - ~ ~ Nofary Poblic in and fw TM Stsf~ of Florid~ d larp~ - . •~ti: ~ My Commiaion ~xpins: , - ~ Rerywn :To: ~ fint Federsl• •Savinp!' losn Association Of Fort P~erce. NOTA1tY PUBUC. STATE of RCRIQA at tARGE Port Pierte, florida MIY (X116MISS10N EXPiRES SEPi. 15. 1569 ~O AND RECORD~D; _ - - ' ~ 9T. LUCIE COUNTY. RLA. 9/ G t RECORO VERIFIED ~ - 15~832 ~ ' '6t APR 11 P11 3:4q . ~.f~~a.~~ RO~CR 'OITRAS CLERK CIRCUtT COYii~ ~ - ~ x2 r- % ~ , ~ 65 PACE2041 = - - ~ - ~..~.:-:wr:~- ~ - -