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HomeMy WebLinkAbout2393 To pl~c~ a+d contUwo~siy ke~p on tM buitdiegs ~aw a Mreafis~ ~i~uale on wid t~rd snd on di ~qulpn~t «+d paaaulh oo+r~nd by thi~ narq~ ps. whh ~il premivm~ tM.eon p.~d ie full, ff,~ lnsur,nn in ~M uswl stwd+rd policy lonn, N• win approv~d by tM MARTGAi'rEE. ~nd vaied~arn~ lnsur~np In th~ vawl ~qndard pot~cy form. in •~wn approv~d by tM MORTWIGEE, In wd: oompany a oompani~s a 1M MORTGARiEE may d~-ecrr and ~II fir~ ar?d windaa.n~ irqwana poticies on sny of ~aid bvHd;ny~. any ~t tMnin a pat tM.~of. h 11N apprp~b wT afonsaid a 3n •xoas tMnof, sMll oa+tsin tM ~sval ~tandard morigage~ cl,.: * a wd~ ahK daw~ a tM MappN m~y r~qvin. m+tMp t1r bas u~~ wid pdF cie~, each ~~?d ~vKy. paY~bl~ b ~aid MORTGAGEE as itf intaest rnay ~ppw. u?d ~ach +nd ~wry atrth polic~? tMl! be pranptFy Ns+OMd M~d d~1ivNld b •ny hcW by s~id MORiGAGFE a~ fv~tha aecv~ity to s~id mort~a~~ debt. ~nd, not I~ss ~Mn tM (10) d+p in ~dvar?c~ of tM ~xpiraion of Nch poticy, to d? liver to said MORIGAGEE a nnsw~l thereof, top~tF~ with a receipt tw the pr~miwn of wch r~wdJ ~rd tl~t th~ll bt no fin w w&ditam kuw~ placed on any of iaid buildnps, ~ny inters~t thKtin at put thereo?. unlsu in tM tam ~nd with ~M Iws paYabb ~fons+id~ w+d M~ tM ~wM any ~wn of mw~~y bcomes p~rabl~ ~nd~er wch policy p pol;ci~s faid MORTGAGEE shill Mw th~ opfion fo ?~aiw and apply th~ aw?w on sooount of 1M ind~btd~ neu secw~d lw~py a ro pKmit s~id MORTGAGORS 1o rectiw u~d us~ N a any pwt N?eroof fo~ WhN pwpo~~s„ withovt thN~by wiivinp a impaln ~~fl anY p~~ty. lie~ or ~iqhl w+de~ or by virtve of this mor:p~t and in ~M ~v.ot said AAORTGAGORS sl+all for ~ny rw~on fait w ke~p tM aW phn?Ua w ~ insured, o? fail w d~live? promptiy u~y of uid policies of inw?anq to said MORTGAGEE, or fsil promptiy to pay fvlly amr pnmium thsnfo? a in ~ny respec~ fail b p~rto~ir~, di~chary~, e:ecvt~. ~ffect, compltte. comply wf~A and +bid~ by this covenanL a any put Mrwf, ~sid MORTGAGEE ~nar Pl~a +~d ~ pay fw wch inswanq or aoy put 1Mreof witFwvt waivinp w afiectinp any opt~ay U~n, p~ity, a ripht ur~ a by virtw of thii Mortp~. aod ttN full amo~x?t of ta~h and wery suth payment si+~ll b~ cmmedwt.y au. aod pay.bi..od ~MN b.a. ina..u f.on? rh~ dan ~h.rwf u~?tu p.W ~t th~ rah of 1 r.ine ps. pnwm p~r anwm and toge~her with suth iMereat shail be sacwed by 1M IiM ot thi~ mortp~p~. ' 4. To ~ pKmi4 aomnut w wffa no wute. imp~i~ma?t or det~rior~tip~ of wid ptopert~? o~ wq? p~rt tMnof. S. To pay ~il ~nd ~irgular ti» costs, charpes s:.3 expMSes, includ'a~p a reasoeabM +ttoreNy's h~ ~nd ao~n oi ~bstneM of titi~. M~nxr~d o~ psid N ~ any time by wid MORTGAGEE, becaoae or in tM event oi tM f~ilun on tM pm of ~h~ uW MORTGJIGOR to duly, prwnpty ~nd lvly pKfar~, distharp~? ~ execure, df~, eomplets, comply with and abide by each ~nd evary the atipulatiom, apre~menfs, coe~ditioro, u+d aownan» of wid promisfory noh and thb ~ ~„orfgap~ uiy w a~F+N, ud s~id cosri, tMr~es and axpenses, cath and ~very, sh~ll be irtmwdiat~ty dw ~nd payabNi wrMiM? w nw tMn b~ notia d? mand, atampr ro eolkct w wN ps~dinQ; ~r~d the full artaunt of e~ch ~nd w~ry wd~ p+ymem shalt b~a. int~nst from tM dat~ tMnof until p~W N tht rare of nin~ per ccntum per an,wm; and all said msn. ch~r~es and expenses inourred a paid. ~op~tMr with wth intN~at, ~11 b~ s~cwd by tM Il~n oi thil mortyap~. 6. Th~t (a) in th~ ewm of any breach of this Mortgap~ or dsfault on the put of ths MORTGAGOR, a(b) in tM wwit a~y of aid wna of moeMy herein rsfKred to bs ~ol promptly and fvlly psid within thirty (3p) days next ~ftN the s+m~ s~veralty b~cam dw ud pay~blt, withou~ d~nd or noHp. or (c) ~n tM event exh .nd every ~ha sr~putat~ons, agreements, conditions and eowrwnn of aa;d pro~nisso~y rot~ and this n~o~lyay~ w~y a Ntlw~ ~n nol iuly, prompty and fulty periamed, dischuged, execurod. sffected. compl~ted, compl~ed with and abldsd ~y. tMn M~itMr a~ny tuch w~nt tM aNd ap~ gregare wm mentaned in said promissory nore then remaininp unpaid, with internt ~ctrued, u~d att maNys Mcund. hK~by. ~hap b~ton» dw and p~y~ bb~e fwthwith. a thereaher, at the opriw~ ot said MORTGAGEE, as fuly ~nd comptetely ~s if all of tM wid sunr of mon~y v~r~ apimlly ~tipulN~d ro be patd on such day, ~ny~hirq in said prom~ssay note w in this Mwlgs~ to tM contruy notwitMtand;nps snd ti~~uPon a ther~aftw af tM option of sa~d MORTGAGEE, without notic~ or dem~nd, suit at taw or ie pvity, therafort or thasafte? bpuA, enar b~ ptw~ew~d ~s if all motwyt Nound I~by had mattxld prwt To iri institution. 7. Tha1 in the event that at the beginning of w ~t ~ny tims pendirq sny wit ~pon thit Malp~pe. a 1o fohtkN k, or 1o nfOnn N. o~ to a?fo?q paymeM Of any daims hereunder, said MORtGAGEE shall sppty to ti+e CouN Mvhg jwadict;on thenof fa tM appointm~nt of ~ Rec~lvw, wd+ Court th~ll iorrhwifh appoint a receiva of saF~1 mortyaged property all u?d urgvlar, incl~d~~p all and sinqulu tM incan~, profits, It~ws and nv~tw»~ fran wh~twN source darived, esch and every o~ whith, it beir?p expreuly unders~ood, is hereby mortg~gd ~s if ~cific~{ly`N/ forth snd dutr~ed In thi ~antlnp ~nd haberxlum clauses hereof, and wch Receiver slutl Mve all fhe broad and effettive functions and pow~n in anywit~ ~Mrvat~d by ~ Caurf p a R~iw~. ~~d •~ch appointment shsll bs made by wch Cou~t u sn admitted equity and s rrwtter Of absolut~ riqhf b pid MORTCsAGEE. Mid witfauf nf~f~ne~ fO fh~ edaquaty or inadequacy of the value oi the property mor~gaged or to tM sorveocy or inwlwncy of satd NIORTGAGOR a tht d~f~ndanta, and th~t wd~ renrs, profits income, iu~res ind revenues ahall bs applied by such Receiver accordinp to tht U~n or puity of aid MORTOAGEE and tM pnatfio~ of such Court. 8. To duly, promptly snd fully perform, d'acharys, execute, effect. complet~. oompty with ud abide by ~+d~ ad ~wrr tM sflpulatiorr~, prNnMMa, co»ditions and coven~nts in aaid promissory rate and this mortyage set iwth. ' . 9. That io th~ event the ownenhip of the mortgsqed p~emises, a ariy put ti~eof, bu~anp wshd in a p~non otlw thw~ tM MORTGAGOR, tl+~ r1!ORTGAGEE, in waeuors and auigns, msy, without notice to tf+e MORIGAOR, deal with such suct,~sror a ruqptor in krt~rNt wHh »hr~na to thk mor~gag! infl tIK dcbt F~erlby flCV?ed in fhe same mamer as with Mwtgsg~ witlaut in any w+y vitiatin~ a~i~hu~&g th~ Mortypon' Ii~Mlity Iwr~ under w upon the debt hereby secured. No ssle of the premises hereby mortgsgad and no fabw~na on th~ pui of th~ MORTG/ltiEE or in wons~aA o+ assig~u ~nd no exttnsion oi the time for tht payment of the debt hereby setured piven by th~ MORTGAGEf w ib sucoqiors or astipny ~hall op~rab # to relaase. disch~roe, modify chanye or affect the orig'utal liabitity of ths MORTGAGOR herein, either ~ whok w M part. ~ 10. It is spec~fically ag~eed thst time is of the euence of this cootraci and tMl no w+iv~r of any oblipation b~nunde~ or of ti» oblipation N~ ~ cured hereby sh~ll at any Yune tixreafter be hetd to be a waiver of the term~ herwf a~ tir k~strur+Nnt usw~d h~rby. ~ 11. 1n addition to tht fwego:ng monthly payments of p~inc'pa! s~d interest required by tM pran'~aawy nale secur~d hereby, mottpayor oov~nanb a~d agrees to pay'to mortgagee with each monthly paymcnt an addi~ional sum esGma~ed by mo.tya9ee to b~ squd a 1/12 of ths aruwal oost of th~ folbw- ing: A-All rea~ prope?ty tsxes levied or auessed agai~st the above described rea! estste. B-Premiums on fire and windstorm insurance as FKrein requ~red fo be prried on fhe imptovqnenf~ si1Wt~ on MN ~bpve dtWib~d pr~enbM. , C-Premivms on such mortgage guaranty inswance as matgsgee shsll from time to time dcam fit to urry on th~ loarl setutd hM~by. ~ Mortgagee shall from time to time notify mortgagor in writing of the amount due and payalste Mreuntkr arw! wch wm shal) tlNr~upon b~ dw and Fayable on the dve date of the next montbly payment arx! eath successive mw~th thereaher until morlq~yN shill notify morfy~or pf • th~fl~ in wch amount. Such sums shall be applied by mortgagee toward the paymeM of resl property taxes, irquranos premivmb and mottp~p~ pwr~nlr inturanp p~0miumt. 1N WITNESS YVHE , the said MORTG R has Ixrtunto set his hand and se+l fhe d~y uid yt~t first ~fot~Id. ~ ated I . i n ~~li~P ~ / ~~1~ ~ R~ry SiATE OF FlOR10A ~ couNTV oF St. Lucie ~ i defwe me psrsonally appearcd ~To s e~h Fdxa rd V a rne s „d ~ G lenda Fa y e V a rn e s w~{~, fhe individwb dewibed io and who exeaned the for~ instrurr~m. ~rd ackrawladped bsion m~ th+t Huy ~x~cvrd the aarrN fo? th~ pwpa~a rherein expresfed. Md tF» s~id a16AUa Faye Vsrnea ~~,+e af r~. ~~a ~oaeph F~dxard Vernes - upon . sepa.~t• «+d prw.+. examination by me taken separate and apart from her said hwb~nd, aduwwledped to a~+d befon rrN that sM exeart~d said ieutrvtmnt fnely and vdw~- rarily rrd without sny compulsio~, cputraint, spprehensio ~ har of a from her s~W husb~nd. WITNESS my h~nd ~nd offkist seal thi day A. D. 19_~ . . _ Notsry VvWk fn and fw th~ Stat~ of Ho?id~ at.i~in~ j A;~ Retwn Ta My Carrnwan ~'cpK~s' ~v•• F~ t'~` i Ftnt Feder~t Savinps 3 tosn Associatan CpRDED r , c~• - s or F~ PK.«. FILEO A R N F U.-=_ fort Pierce. Florida 5?. ~.UCi~E CiOV ~~~~At1R ~~w . r.,,~rn~'it ' ~ ~ ~ RECORD VEitIF1ED • ~ ; . - _ ' ~ : - AIY CQ~L:YS~:c:~ E:~~:&~~ NOV.2~. 19N , ~ ~ ~ ~ ~ONDLO Lf110YYM FLL[O DIL/TiL~M~. ~f ~ ~ . ~J , : i : ~ ' ~ _ : ;V ~ -'r-~ <C`.. , 6T APR li . i~ ~9 4~ -~-~'a~,~`,~ . : r..;~~:kt: nOGER r 0l7RA5 ~ ' , . CLEftK CIRCUIT COURT ~ ~K~s5 . i~~°°`sw^+v~v.!'~~3-~+'R F "=-ro+'£^t"r,``-'~-"~'stiC` Y _ -s. _ _ . . . ' ~ . II n..