HomeMy WebLinkAbout2395 3. To plao~ ae~d continuaisly kNp oo th~ buitdinps now w MnahK ~ia~b on saW tww! ~nd on dl ~quipnwnf ~nd P~an~lh oow?~d b1t ~~o?tP
+9~. wrtA dl ~n;w~a rh.nan p.~d ~n fui4 f~r• iruvranc~ io th~ vsv~1 stand~.d Po~kY faiR in ~ wm approwd bt? tM MORTGJ?GEE. «+d wh~dnon~
in~wanp in t!» uiwl stu~dard policy fan~, in a svm ~pprov~d by ~M MORTGAGEE. in wcb con+panr ot co~pa~iN a N» MORTCiA~ifE ~r
du.c~j and ali fi~~ ~nd windstorm imur~na po~kies on any of atd bcaidin~µ, any int~t th~nin a put tMnof, in tA~ ap~~h w~n ~fonsNd a
in •xera tMnof, ~MII conain ~M ~nwl staedud mort9s9~s clws~ w such aha daw~ a th~ MorpapN may nquir~ maUrq ~M loa w~ uid pol~
cies, e~ch ~nd ~wry. p~vabl~ w s~id MORTGAGEE as in intrre~t may app~ar, x~d Hch and ~v~y wch policy ~hdl b~ pramptly qtqewd arwJ delfwnd to
•ny held by ad MORiGAGEf as funhsr sscvrtry ~o said mortpap~ debt. u~d, not kat than hn l10) d+yt in +dv+na of tM ~xpk~twn of Nch policy. b d~
I~ver to s~id MORTGAGEE a ~~xwal thereof, to~ed+K with s ~ec~ipt fw tM pr~mivm of wd~ ~~w~lj ~nd tMn ~MII b~ no P~n a windsrorm imuru+c~
plx~d on ~ny of aid buildinps, iny inrerest tM.~in or pa~t thareof, unlsu tn ~h. form and wt~A ~h. loss parabl. a.for.~aW~ and tn th. ~wnt any wn?
of mon~y bKwn~s p~yabl~ v~r such policy or pol~ciss said MORTGAGEE sMil Mw tM op~ion ro r~otiw ~nd ~pply tM ~ on acco~nl of tM ind~b~
neu ~~cw~d hsr~by or w pKm;t said MORTGAGORS ro nceiw u~d w~ N a any part thereoi fa other pwpaes, without~ tM.~bv W~~yj~+p a imp~h-
inQ +nY pvity. li~n a ripht unde~ w by vrnw of ~hW mortyapet •nd in ~M ~venr ad MORTGAGORS ~II fa ~ny n+son bil 1o k~ep ~M uid pr~ni~es ~o
s~w.cd, o~ fsU b deliwr promptly any of sa~d polic~es of tnw~•nc• ro,aW MORTGAGEE. or f•il promp~y fa p.y fully any pr~mium th~~~for or in ~
re.pea f~il b pafor~, d~scharps. ~x~cvt~. effact compk% comply with and abid~ by tl~ o~v~nant, a ~ny pa~t lea~of, aid MORTGAGEE insy plaa a+d
~r fa wch irauranc~ or ~ny part thsnof without wi~virg a aif~ctinp ~r ofa;wi, Is~n, p„iry. or ?gM undK a by virtu~ of rhis Morp~. «+d the
f~11 ~mo~nt of sach and ~wry s~ch payment shall b~ imrnsdl~t~ly dw ~nd p~yabl~ and shall btar inrarat frae th~ dat~ tF~eof untll pak! a1 tM r~h ol
nine pei pntwn p~r annum and to~ther with suth interest ~hall be sxured by th~ li«? of this nwrt~p~.
1. To p~rmit, comnit or wffer ~o wast~. knP+ument a deterior~tion of wid P?op~rfy o? P+~t tMrwf.
S. To p~y sll and-siigular tM costs, dwr9es and exp~oses, includiep a rtasonabla ~tfwn~y'~ fN and ooari of ~bshaeM of tNl~. incwnd or p~W N
any rims by sa;d MpRTGAGEE, becauas w in the svent of tM failwe on tl» part of tlw uid IYIORIGAGOR b duly, promptly and fuUy pwforn~, di~ch~~
rxecvte, effeN. oomplet~, comply with snd sb:de by eath and wery the stipvlatioos ayree,nenn, condir~ona, ,od aown.en of w~d praniuory ~ ud rhi~
mortqa9e any a~ith~r, and said cosp, chugK and ezpeeses, each ard ~wty, sMll b~ 6nmedistety dw and p~y~bl~t wM~hK or no1 tMr~ b~ +wtlo~ d?
mand, ~ttempt ro colkct or wit p~~dirgj and the fvll anavnf of eath u~d w~ry such paymtnt shall bear int~nst kom th~ dat~ th~rwf unNl p~ld at th~
rare of nin~ per centum psr arnwm; and all said cosn. chsrges and expN?ses iercvrnd w paid. topetMr with wch IntMNt. ~MII b~ Mpind by th~ li~n Of tht~
mcrtp~,
Q TMt in tM ewnt of any breach of tha MortQape or defwtt on ifs part of Me NIOkTGAGOR, or (b) En th~ ~wM aM? of Nid w~m of nan~y
h-rein ffFNfKJ 10 bf 1W1 ~1fpI1P1IY and futly paid withln Ihirty (3p) days next afta tM sm aawwlly b~tpn~ du~ and pay~ble, withoW d~ed q nptitR,
or (d in fl+e event e+ch ard every 1he stiputations, sgreemenb. condirions and cownanh of said promkso~y not~ ad! tA;s nwn~p~ any a NtMr rn no1
iuly. P?ompNy r+d fully p~rfamed, d~sd+arged, execvtsd. effMed, completed, complied with and abiJed dy. tMn In eitMr a any wd~ w~nt tM s~id q~
gregate wm mentiw~ed in said promissory ~ote then remainin~ unpaid, with intetpt acvwd. ~nd +11 morwys a~cut~d. Mt~by. shatl b~oonts dw N~d piy~
able forthwith, w rhereaher, ar the option of asid MORTGAGEE, u fully and compktely u if ~II of tM said su~ of nwrNy wsn oriplndly qipulat~d
ro be paid on such day, anythi~g in said promissory note or in this 1Nortya9e to tM contrary notwirMfsndinp~ and th~r~upOn w tMreafi~r N th~
option of
se~d MORTGAGEE, witFavt notice or dern~nd, suit at law w in puity, thar~foro or thertafMr bpun, awr bt proNpM~d M if d) mon~y~ Ncund h~t~by
had matwtd priOf tp its i~titution.
7. ih~t in tM event thet at tM beginning of or st any tims pendiny ~ny wit vpon this Abrp~pe, or to for~eloN h, o? to nform H, o~ to ~nforq
paym~nf of u1y di~ms he.eu~der. said MORTGAGEE shall ~ppy to tix Coun havirg jvrisdrcrion thanof for th~ ~ppointwwot of a R~cdwr, wch Courf ~MII
Ferrhwith ippoint a receiver of sai~ mort9agad propertY alt u~d siegular, i~cl~d~np all and sinyvlu the Z+oom~. profits, IssuN and nv~nws frpn wh~twN
scurce derived. each and every o# whicFy it beirg e~epressly understood, is hereby mortgag~d p if spscifiully Nf forth and dNVib~d h thi ~qntinp and
habendum clau~es hereof, and such Receiver shaN havc all the b~oad snd effet!ivs funct~orK and pow~rs In a~ywia~ Mttust~d by ~ Cow~ q a R~alv~r, u+d ~
~~ch appointment shall be made by wch Cowt u sn ~dmitted equity and a m~ttt~ of absolvte riphl ro uid MORTGAGEE, and witAo~t hf~~ q th~ ~
edequacy p in~deqwcy of the wlue of the propcrty nwrt9~ed or to the soNency w insotvency of aid NIORiGAGOR a th~ d~hndarN~, and tA~t weh
ren~s, profin, income, issues and revcY?ues sha~l be appliad by s~d+ Reuiver aecord'u,p to tM ('an o? pvity of wid MORTGAGEE and tM pactiq of wch
CouA.
8. To dvly. p?omptly snd fully p~rform, dachu~e. execvte, effect, complete, tomptY with and ~Wd~ by saoh ~nd ~wry the stipvlation~, apt~nt~„
cond~r;ons and coven~nls ;n said promwswy note and this mortgsg~ set forth. ' .
9. TMt k~ the event the ownership of the mwt9~ped Pramises, a ~ny p~rt tF~eof, beoomes wst~d in ~ pK~on othar tMn th~ MORTGIIGOR. th~
MORTGAGEE, itt successors and auigro, may, wi~hout notice to the MORTGAOR, deal with such s~con~er o? woqssor in NMa~st with nfN~nq lo this
mortgage a++d the debt hereby secwed io the same marmer as with Matgagor without k~ a~r way vitiafirg or di~qinp tlK Mortpapors' (i~bf~ify hN~
under w upon the debt herebY secured• No sale of the premises hereby mortyaged u~d no fabtawep on th~ put of th~ MORTGAGEE a It~ woo~~wn
or assigns and no extension of tl,e time for the payment of the debt hereby secured yiwn by t!r MORTGAGEE or ita iucpa~ots or auigiq, sh~l) op~r~f~
ro release, discharye, modify ct~a~ge w affect the wiginal liability of the MORTGAGOR ha~eiy ~itMr in wlwb a in part.
10. It is specifically agreed that time is of the essence of tha contract and th~t no waiwr of ~ny oblipatio~ Mrwnder or of N» obli~afipn t~
cured hereby sl~all al a~y tirnt theresfter be held to be s waiver of the terms hereof or o( the instrwrMnt s~twd hNby.
I 1. In addition to the forego:ng monthlY paYments of princ'pal and 'eMeres! required by tAe prpmisaory nol~ ~ecur~d hereby, morfpspor epvrnenb
and agrees to pay to mortgagee with esch monthly=payment an addirional svm estimsted by mortg~p~e to b~ e~wl 1O 1/12 of th~ ~mual cast of th~ fol{ow• •
ing;
A-All real property taxes (evied or assessed agains~ the above desuibed real estate. ~
8-Premivms on fire ind windstorm insurance as Ixrein r !
equ~red to be ca.ried on the improvsmsnn aitwt~ on tht abow d~xribed pnmttp.
C-Premivms on suth mortgage guaranly insurance as mortgsgee shall from time to time deem~fit to urty On th~ Ipu~ aKw~d hK~by,
Mortgagee shall from time to time notify mortgagor in writing of the amount dve and payab(e hsrevnder u~d wch wm sMH tMrtupon b~ du~ ~nd
Fayabte on rhe due dare of rhe next monthJy paymenr and each succeuive month thercaher until mo?tysye~ s}~a11 nofify mortgsgor of a cfisnp~ jn wth ~
a~nount. Such sums shall be applied by mortgagee toward the payme~t of real p~op~rty taaes, inwnnoe pramiwiy. ~ne! morT~p~ pyp~hty {nwr~np
p~emiums. ~
IN WITMESS WNFREOF, ti+e said MORTGAGOR has Fxreunto set his hand and sesl tl~e d~y and yeu fint aforpaid. ~
Sg Sealed and deliver in the presence of:
- ~ :
}
~
_ ~ Is..p
-
STATE OF RORIOA ~ ~ .
couNnr oF St~ T.vni e ~
eefwe,ne peno~suy s~eued Carl l~~ P~=•ri n ~
P a A 7.7 ~,i ~ P~apr i n ha wtfe, to ~ne vw11 known and krwwn to m~ to b~
rhe individwb describsd in and who exewted the fwe~oiny instrwn~nt, ~nd acknowledped befort m~ tlwt th~y ~xacufed ths sanw fa~ tM qxposes
rherein eaprested. Md ths sa~d PAA1'~l A~!• Perrin
~ ~fe ar ih. ,~~a _ r~.rl D.. Perri.a ~ ~ . ,.p,..» .~a
exam~natwn by me taken separate and apart from F~er said husband, adcnowladped to and b~fon rr» th~t sM exearted wid iratrumant fnely and vplw~-
rar~ly and witF~ovt u~y tompulsion, constraint, spprehension, or fear of or from her pid I+wb~nd,
WITNESS my I+~~d ~nd official seal thi day of A. D. 19.~._
~ Norary Publk in and fo. ths Stm of Fbrida L.rp.
Retum Ta ~ , ~ ~ ~<< ~
First F«ferat Savk~ps d~ [,osn /lstotiatioe • - ;Z ~~r; S~i~! OF F{011di it
Of fort Pierce. i - . ~ a7~'ri~ ~ff0~ ~ ~ ~%9
; VG•~ ~ b.JN b An.~;a. fY. ~ ca..rr ce.
~ CpRDEO c:~~ ~ v :
ST. l CIE CO ~r
RECORO VERIFIED ~ ~ ~ ~
= i p ~ - . .
, -:~.y.
5 ~,~,2 . .
5 , .
'~T •APR 1 ~ : y~ ~L.Q .
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10 : 32 ^ .
• ~ ~ ~
~.~~1~CQL~l~~ ~J \
fiOCcR ~O~TRaS
CLERK CIRCUIT COURT
C~j aoox 165 ~E239,1 ~ ' - - ~ ~
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