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HomeMy WebLinkAbout0692 - l;~~r _ A;-.cr~ _ y+~ t . , . : ~ .•fr ~VW - To pt~ ~nd ooetiewoush? keeP on tM 6uildinps naw w haNf». Ntwt~ on said laed sad an all puipmm and pKSOn~lhr oowr~d by thb na~p~ q~, with all pneniwiu tl+Kwn paid in fulb fin ie?swane~ in Nw ~»wl uandard poliep fam. M s ~wn approwd by tM MORIGAGEQ and wind~tarn~ lnswana in tM usual sundard poGa~? farm, M? ~ ium ~pprowd by _tM MORiGAGEE. M wch oomP+~r a~P+~p fh~ MORiGAGEE n~ay • dir~ctl a~d aN fir~ ~nd wind~wrm tro~ano~ polic~es on any of aid buiWinp~, ~r IntNat tlw~in o. put tMrwf, N tlv apprpaM ~~fa~aaW or in ~xc~ tl~wf, ihsll contain th~ usual uarda?d mortgayN dwa~ w suct~ otl+K daw~ a 1M Mort~+gM m~r nquin. m~kMip IM ba w~der s~id P~' ct~s. Nch and ~wrY. WYabb b ~aM MORTGAGEE ih interest nNr app~ar. aod tath and wKy wd~ policy stuU b~ prompHy nsYq+~d and ddivK~d w any h~ld by sak! 1WORTGAGEE a furthet ~cwity ~o uW morW+y~ d~b~~ ind. not las tMn qn (10) days in advu~a of th~ ~~ation of e~} Vo~k1/. to da _ IivN to wW MORTGAGfE • ~awwal tMnof, topaha with ~ nceipt for th~ pwniwn of wch ~~wal~ ~nd tMr~ ~hali b~ no f'w~ or windstam frowana plac~ on any of said buUdinps, a?y inlaest tMreu+ ar put thanof, unkss to tM fwm ~nd wi~h th~ loss payabl~ a ~fwes~Wt and in tM ~wM any wm of morny becomsa p~ysbN w+da wd~ poliey a poliNes said MORTGAGEE sMll Iww th~ optan to noeiw aod appir tM wn~ on +ttou?t of tM ind~bted~ rxu acvr~d M+eby a b pKmtt ~ald MORTGAGORS ro nceiw and ~ N a ~ny p+n the~eof fw o~her pwposes, wi~hout tMnby waiviny or impair- irp ,nr .qu;ry. li~n ar ripht uoda or by vktu~ of this morty+p~s +nd in t1+~ event uid MORTGAGORS shill fa am nawn f~il 1o keep the a+id premisu w insured, or faii b d~liw? promptly any oi s+id policia of irowsnc~ to s~id MORTGAGEE. a fail promptly to piy fvlfp ~ny pramium tMnfor w in uhr resp~tl f+il b pNfwm, disth+rga. ~x~cv?~, ~ffed. compt~t~. compiy with w+d abid~ by thb oova~+M, ar ~ny psrt hawf, s+id MORTGAGEE m+y pl+et ~~d PaY (a wd+ imwarw~ o. any pwt thereof without waNrinp a ~ffMinp ~nn cPtia~. IiN+, pu~b. a riqM undK w by virlw of tAis Ma~rt~. and tM full amount of s+ch and ~wry wdi paym~nt ~wll b~ imnediatey du~ and paysbl~ and shall b~u Int~ast irom tM dah thsnof u~til paid st th~ ~~h of nins pN tsntven pN N+rnim and top~ther with svth interest s1Nit be secw~d by tIN INn of this mwtp~. ' To p~m~it, oomnwt or wfhr ra waste, knp~'vmsnt or dssuiowtion of s~id prop~rty or any put thenof. S. To p~y all ~nd siepula~ th~ costs. ch+rpes +^d ezpMSes iocludinp • rsawnabie ~ttorewy's fa~ snd costs of ab~tr~ds of titl~ incuRad a paid N any tinw by said MORTGAGEE, b~ewss w h tM wMt of tM f~ilw~ on th~ p~tt of tl» said MORTGAGOR to duN. pomprly ~e?d fully p~rfonn, disdwyR exea,t~, ~ffeq. oompkq. comply with ind'abid~ by ssd~ u+d every tlr stipulation~, ~praem~ots, conditio% and oownanb of ~aid pramissory noh ud this mutpay~ any w~+~F~. and said cos4. chuyea and sxperu~s, esch and ~wry. ~lwll b~ hvmdiat~ly due and psyabl~t whether or not ther~ b~ r~otia dr mand, ~ttempt to oollecl or wN pMdirg~ and tM fvll arnount of ~ach ~nd awry wch payma+t ahall be~r interss~ f~om the d~t~ tM~eof until p+id at tM rare of nin~ p~r ctntum per annum; and all said awts, d~arpas and exp~mes incwnd w p~W. lopdhe? with wch int~nst, shall bs srewed by 1h~ li~n of 1hM mortpg~. 6. That in the weet of any breach of Ma Mataap~ w d~f~ult on tlr put of tM AhORTGAGOR, w(b) i~ tM went ~ny of w~ svim of mon~y herain rthn~d ro b~ nW promptly and fully p~id within thirty (30) days nexl ~fter ~hs ~ame severally baca+» dw and pay~bk. wNhout dsrrwad w notic~. or (cJ tn the ~wnt exA and ew.y ths stipubtioos, ~grsamenb. conditions and coven~nts of s~7d promissory ~wte arw! Mis mortyape +ryy • aa tither ~n no1 iviy, prompHy snd fu1N perfwmad, discMr9ed, executed, effected, completad, canplied with and abided by, tlNn in Nther a u~y such swnt tlw! saW aQ~ gregat~ wm me~tioned in s+id promissory note tF~ remsin+np unpaid, with iMerat acvued, and all morKys sscured hereby. sMl) beoome dw and p~y~ able forthwith, or thers~ftsr, ~t tM option of said MORTGAGEE, as ivlly and completely as if all of the said wms of morKy wert oripinally stipulated , to be paid on svch daY. +nythinp in sa;d promissory ~ot~ w in this Matgs9e to the contruy notwithatsndiny: and thsreupw~ or thereahK ~t tM option of • seid MORTGAGEE, witFauf notice or demand, wit st I~w w in equity, therefwe or thereaftn beyvn, may be prosecwed u if dl moneyt s~cw~d I~eby had reNtwed prior to iri irotitution. . . 7. Th~t in the lvMf fhit ~f tM I~inni~g of or at a~y tim~ panding amr wit vpon this Mwtgspe, or fo iweclos~ h, w to nfann N, w to enforp - paymeat of sny daims harew~de~. said MORTGAGEE shall apply to. tl~e Court havinp jwnd~ction ther~of for th~ appointmsnt of a Raceiva+. wd~ Court ~MII fwrhwiM appoint a?eceiver of saif! mortpsgad poperty all u~d strg~la?, indudmg all ~nd sin~vta~ ths incoen~, profits, bwes ud r~ven~es from what~ver source derived, each and every of which, h beinp expressfy u~derstood, is hereby mwtgsged as if specifiully stt fwth and ~l~Cribed M th~ praNinp and hnbendum clauses hereof, and such Receiv~r shall have all the brosd and effective funct~om and powen io ~nywise emrust~d by ~ Ca+N tp a Reaiwr, and such appointment sfiall be m~cle by wch Court u an admitted eqvity a~d a mattet of absolute rghl to qtd IWORTGAGEE, u~d withoul rcfer~np to t1w adequaty a irWdequacy of the wh?e of the property mwtysyed w to the solvency o? insolvency of ssid IUIORTGAGOR a ihe defer?dae», and thaf wch re~fs, profits. &~come, iswes and revenues-shall be appliad by wd+ Receiver aaordinp to th~ lien or sq~rity of wid MORTGAGEE and tM pwctiu of such Court. . 8. To duy. PromPtly sod fvlb W*?omw d'ocharye, execute. ~Hect. comPkte, oomPly with ~id.aWd~ by each and we~y th~ atipulatioes. +9narnma. co~ditiaa and oovenana in s~id promiuory note and this mwty~ge sN forth. ' " 9. Th~t in the event tF~e ovvnershlp of the mortgapcd premqes, or any puf tFiereof, beaomes vest~d in s pKwn otl~et tlwf tM MORTCiJ1GOR, fh~ MORTGAGEE, Hs wcceswn and usigro, m~y, without norice to the MORTGAOR, deal with such waessor or ~xcessor in interat wi?h rtfennos ro this mortgs~e and the debt hereby securod i~ the same manner u with Nbrtg~ga withovt in My way vitiatinp or disch~rqing the Mortyspors' Iiabllity hs~t under a upon the deb~ hcreby seturrd. No sak of the premixs hercby mortg+ged and ew forbearance on tha. pan of the MORTGAGEE or in suaesson or augm and no eztensan of the time fpr the payment of ths deM (ureby secured yivpn by the MORTGAGEE or . iq woo~sson w assipns, shdl opera» ro release, discharye, modify ch~rge u affect ths original Ii~biGty of the MORTGAGOR haein either in whole a in psrt. 10. It is specifically agreed tMt time h of the essence of this contr~cl uid that no wahrar of any obligation hereu+~der or of tM obli~ation se- cured hveb~r shalf at any time tMereaher 6~ held ro b~e a waiver of th~ tern+s htreof a of ths &~stnxnent secured hKby. . • 11. In addiYron to the forego:ng monthly psymcros of princ:psl and interst required by the promissory note secwed hereby, mwigsgor cmren~nb and ayrees to pay b mortgagee with each momhlY paYmeot an sdd~rion~l sum estimated by mortgagee to be eqwl w 1/12 of the annwl coat of the folbw- ~n~• . • A-All real property taxes kvied or assessed agai~st the abova described real estate. B-Premiums on fire sed windstorm insurante as herein required to be urried on the 'wnprovemtnb sitwfe' on ihe above tkstribed prcmises. . C-Premiums on suth mortysge guaranty inwrance as mortgagee shstl from tune to time deem fit to carry on the toan secured hereby. Mwt9sgee shall from time to time notify mortgagor in writirg of the amount due and p~y~bk herevnder and such wm shall thereupon be d~e and ~ Fayable on the due date of the next monthly payment and each svccessive month thereafter until matgagee shal) notify mort~gor of a cFssnpe in wd~ f amount. S~xh sums shall be applied by mortgagee toward the payment of ~eal property taxes, inswance prem:~e?u, and mortgsye ~usranry insuance premiums. ~ F IN W E ssid MORTGAGOR has hcreunto set hts+hand and seal thc day md t aforessid. in the presenoe of: - ~ ~ . .,r.~ . ~ . ry . ~n STATE Of FLORIDA ~ , 3t. Lucie ~ courm of 6eton me penon,~W,ppe,rcd Jay A. Sample - ,nd Frances R. Sample . ~,;,,N;t~. ro n,e r„~t~ known ,~a k,awn a n,, fo b. rhe individwls deatribsd in and who exttuted ths foteyoirg instrwmnt, and acknowled~d b~fon ms th+t they ~x~euted th~ sart~e for th~ ptrrposes rherein ~xp~sad. Md th~ taid FZ'8riC@3 R. S8I~n19 M.ife of ths ssid Jgv A~ s9mP1B • , u~pon + sepsnte M+d priv~t~ examin~tion bp me taken sep~nte and spsrt from her ~+id husband, ackiwwi~dped b and beforo me tMt aM ex~wted s~id irotrumsnt'(re~ly and vohro- ?ar~1y and vrithaA uqr oompubion, oonsu~int, +PPreheroae4 or fear of or from her said Iwsbwd. WRNESS my h~nd ~nd official seal _'~~H day of A. D. 19~ • sry Publk in and fa th~ Stat~ of florida ~t L~?p~ - , . My Commiuion ~xpira: . R~twn Ta. Firn F~dar~l Savinp~ i loan Aswciatan i'• t~ S~ O{ d~ . ~l~, ~i. . NOt+ry • ' . v ~ Of fort Pierct. : ~ - ~ v , w,~ ` ~ (~t10~~ ~~y ~ ~ ~ fprt Pieres, fbri~,~~-(} _ . O . : . M~Mr b ~ ~ ~vE AN° vi~~ _ . ~ _ _ ; r . t ~~c~E ~°vEa~~~~ ~ ~ ~ = - ~ ~ = = . - . S •RE~pRO i~9•~C ' : . ~ ~ , ~ ~ .c,~`'•. - Q : ~ 3 ~ ~O ~a~~Y ~'y~•~~~J~ ~ • ~ pV ~ z~;,~~, 4 ~l,r : Cj;~,.•. . { ~r,'s•r.~•~•~~~~I~ti~,, :+•~i~•. i R Z.S ~`~°K c~a~~;j covRt . ~ ~ ~sss ~ ~ o . ~ _ _ - _ _ _