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HomeMy WebLinkAbout1233 ~ f ' , i To plaa and ca?tYxro~nly ks~p on tM buildinps ~ww a hK~afiM ~itvat~ on said land ~nd on di ~quipnwM and pK~on~~N i~ow~~d bl? 1~ ^~b' eys, with ~11 pr~ tMnon p~id ie fulb fin inwranu in ~h~ uw+l uand+rd polky t~o~n~. in • wm ~PP~~d bY ~~i~E? ~ w~~ insur•ac~ in tIN uswl s~u~da.d polic~? fam. in ~ wm ~pprovsd by ~he MWtTW?C~EE. h wd~ con?pany w~omi+~s a~ ~M MORiW?GEE nwy di~KiJ and ~11 fin ~nd wind~wnn inswana Pdicies on ~ny of uid build"wp~. Inhn~t tMnb ar part 1Mno1. 1n IIw ~pprW+h ~wn aforaaid a~ tn •xons tha~of, ~MII oontaln rM wwl u+ndud mor~yapM cI~ a wcl~ ahw dauN a, N» Mon9+pN m+Y ?~W~. m+~ w~ N'd p°N' cies. e~d~ ~nd ~wry. Wy+bl~ to ~ak! N10RTGAGEE a ia interest ewy appNr. ud ~ach ~nd ~wry weh polih? sMll b~ promptN +~+:pn~d ~nd d~liw+~d to eny h~ld by ~aid MORTGAGEE ~s furti+N uauity ro said mort~+~ debt. and. eot f~ tMn tM (1~ dayt in sdv~na of the ~xpiwtan of ~ach Po1kI?. to d? I~ver ro aid MORTGAGEE a ~~Mwal tMreof, topetf~ with a raaipt fw tM pr~mium of wch ~Mew~y and tha~ ~h+ll b~ no fin w wi~dsrorm t~s~r+oc~ plac~d on aMr of sald buildinps. a+y interKt thKtie? or put tF~erwf, unl~ss ie t!» iom? and with tM lost paY+bM u~for~idt ~+d In tM ~wM ~e?r twn of mon~y b~coma p+Y+~ W~ ~ PdM? w Pdici~s s+id MORTGAGEE sl++Il Mw th~ option b ~saiw and apply tM s~n~ a+ acw~nt of tlM ir~bted~ nes~ secw~d Mt~by a a permif s~id MORTGAGORS ro npiw and us~ N or ~ny p~rt thtreof fa ot1+a~ pwpo~N. without ~M.•b~ waivinp or imWk. ~~,y any p~rib. ian a ~i~h~ ~nde. or by vi.~w of this n+or:~+yes «+d in ~h~ .v.++r ad N10RTGl?GORS •A+II fa any ?..•on fail ro k..p ~M wid p~+?is.s w insured. a f~il w dsliver promptly any of said polKi~s of inwnac~ ro s+1d MORTGJIGEE. a isil promptly to pa~ fully u~y p~aniwn th~fa a h+^y respea fatl b perfor~, discM~9e. tx~cut~. ~ff~ct. oon+Pl~t~. eomP~Y with ad ~bid~ by thi~ oovs~nt, or +eY P+rt Mr~of. aid MORTGAGEE may plaa u+0 PaY for wch lrowanu a any part tMreof without waivinp a aff~ctinp +^Y aWia1. ~ier4 W~b, or ?ipM undN or !ry viAw of thts Mwt~+p~. and tM full +rrwwW of sad+ ~nd ~wry ~ WY~~ shall b~ imnedi+tdy du~ ~nd psyaW~ and ah~ll bwr intKat frae th~ tMr+o~ until paW N tM wb of n~ne par pMum pw arywm and toy~ther with suth interest shall b~ setvnd by 1M li~n of this ma?~~p~. 1. To penntf, oamJt a wffer eo wasb, imp+i?ment or dst~ria~tion of uid propKty a+nY pa~f tl~tr~of• 5. To pay ~11 ~nd si~gular tM costs. chuqe~ and ~zp«a~, k~d~rrW~p • n~sorwbb Ntan~Y's fN and oost~ d~bat?acu of titb. Mrcwr~d or p~W at eny time by s~id MORTGAGEE, b~uusa or in 1M ~wnt of tl+~ faihu~ on tM p~rt of Ih~ s~id AAORTCsAGOit to duh?. p'omPt~ +nd tvlly p~rforn4 dhth+p~ execute, tffect, oompkt~, eompN with and abid~ by ~~d+ and every th~ stipulationt„ ~pts~m~nM, to~dition~. ~nd oown~nn o uid promistwy ooN aed ~hi~ morrga~e a~y w atha. ~nd s~id costs. chupes and ~:pa+ses, ~sch and ~wry, shall b~ Mnn+~di~~~ly dw ~nd p~y~bN~ wMtlwr a not tlwr~ b~ notia d~ mand, attempt to colbcl or wit p~~dinyj ~nd tM fvll amo~x?t of s+ch ~nd rw~y wcA paYmeet sMtl be~r tnttnst from th~ d~N th~nof until p~W at NN rare of nin~ pe~ centwn pet arux~ny and all s+id eosts. cF~u~s u+d expnws inwrnd ar paid, top~ther with such 4~prab ~11 b~ Nour~d b1? th~ Wn of tN~ mor~ysp~• . 6. That in the evem of ~ny bnach of this Morty~ w d~fa~lt on th~ p~A of tM MORTGAGOR, a(b) tn th~ w~nt ~nY of wid wna of ^b^~y herein r~fen~d to be iwt promptly s~+d fvly p+id within thirty (30) days neat aftsr th~ s+me wvaalty b~caM dw aod Wysbl~. without d~n~snd w notia. or (c) ie tIK ewnt exh ar?d every the stipulatiorw +9r~emo~b. conditions and cownann of s+id p~om~ory not~ and Mu morqp~ ~n1? or ~iMw an ~+a iuly, prpnptly and fuly p~.fonmd, discMtged, execut~d, ~f(etted, cvmpl~ted. compliM! with ind +bW~d ry. fhM M!hM? of any Wth r?~M- NN Mid aa giegate wm mentioned in said promissory note the~ remaininp w~p~id, with intanst aca~sd, and all maNy~ Meut~d. Mnby. ~MII b~oan~ dw ~~d p~Y~ eb~e forthwitl~, or thereahe~. at th~ option of. said MORTGAGEE, ~s fvly and compbay ~s lf all of tM wid a~ of nwewy w+n oripln~lh ~tipulat~d to be paid on wch day. anythinp in said promissory ~wte w in this Mat~ape to th~ tontruy notwithttandlrqr and thKa+Pon or thKtaftw at th~ option of se~d MORTGAGEE, without ootic~ or damand, wit at law a in equitp. ~he~aton «~h.re.H.. b.y~+n, awr b. ~o~.ow.d a ff aU n+on.ys ,.cw.d hw.M? had matw~d prior to ib ientitvtion. 7. That in ths event tAat at the b~y'~nninp of or at any tim~ peniGrg +ny w1t ~Pon thts Mwt9+p~, a to ~o~Jo~~ k, a fo niorn~ M. or to ~ntwa~ ! payment Of sny d•ims hereunder, wid MORTGAGEE shall ~pply to the Coun h+vi~g iur7sd~ion th~nof fo? tM appoint~wnt of a R~o~lvw. wch Carrt sh~ll iorthwith ~ppoint a?eceiver of sa' mwtpayad propKty ~II u+d sinpulK, indud~np ~II and sinqvtu tM inoon+~, p~ofits, lauN snd rtv~wNS fran wh+t~wt sc~rce da~ived. each and every o~whKh, it beirg expressly crnd~rstood. is hersby mortg+ped a If sp~cifiully ~M fath ~nd dNar~d In thi pr+ntinp and habendum tlauses hereof, a~ wch Receiwr shall have ~11 the broad and effectiw fwxtions and poMrus ln anywiN ~nnutt~d bY ~ Covrt p a R~alw~. ~nd s~ch appoi~tment shall be made by such Court ~s an sdmitted equity ~nd a m+tter of absolut~ ti9At b Nid NIORTGAGE~, and without ?~fKMa to HN edequacy or insdeqwcy of the valw oi the proper~y mo.tp+ped or to the soha+cY w inso~rN+cY of wW N10RiGJ?GOR a N~. d.f.ed.nn. «~d rhn wd+ re~rs, profi», inooa~e, iuves ~nd reveriws sM8 b~ applied by such Rauive~ aaordinp ~o tM li~n or puitp of ~aid MORTGAGEE and th~ pracria of such Covtt. - ~ 8. To duly. PrortiPtty ~nd fuly perfam. d'achar~, executi, ~ffect, oomPkt~. oomplY with aed ~bid~ b~? wth and~ rwry tM stipulatiom. +Dn~mpNh - conditaiu ard cove~u?ts in said promissory note and this mort9spe set forth. ' • - 9. That io th~ event the ownership of the matgaped p?emisas. or ariy p~rt therwf, bsoonws wsbd in • p~rwn otMr th~n fF» MORTCsA~30R. th~ MOR7GAGEE, iri sixcessors and assi9^s. ~wll, without no~ice to the MORTGAOR. dea) with tuch wor,~wr at M+a~aor in i~t~raf with t~ferM~a to thts morrgpe and the dcbt hereby secu?ed ~ tht same manne~ as with Mortgagor without in a~ way vitia/4g a~itthwykg tM Mat~+pots'. U~bilify h~rt under or upon the debt hereby secured. No sale of the premises hereby mortgaged ~nd no fabt+rana o~ tht put of th~ MORTGAGEE or it~ woa~wn or assig~a snd no extensan of the time for the psyment of rhe debt hereby ~ecvred qiwn bp ti~. N10RTGAGEE or i» suoo~sson or assipm, tFwll opuat~ !o release, dixMrpe. modify change w affeq the wiginal lisbility of the IWORTGAGOR MtN~, ~itha in wtwb or in put. , 10. It h specifiully agreed that time is of the essence of this contract w+d th~t no w~iw of ary oblipation Mr~w~der w of t!w obllp~fion N- - cured hereby sMll at any time thereaftar be heW ro be a waiver of the t~tms kersof or of th~ i~utrum~M wcur~d hKby. 11. In add~tion to the fwego:ng monthlY paYmenss of princ'pal and inte~est required by tM promis~o+y noN stcvr~d hereby. mort~+yw Covetl~nb and sgrees to pay ro mortgagee with esch monrhty paymenf an ~ddirional swn estimated by matyapso to 1» eqwl ~0 1/12 of tM arowa) aost of th~ fdbw- ing: A-AI{ real property taxes kvied or assessed against the above desaibed real estste. i B-Premiums on fire snd windstorm inwrance as herein reqv~rad to be carried on tM improwm~nn sitwt~ an tM sbow dearibed pnmha. C-Prem'~ums on wch mortgage gwranty inwrance as mortgagee shall from t'~me to time deNn fit to urry on th~ lo~e+ Mcw~d hsnbY• Mortgagee shall f~om time to time ratify mortgagor in writing of the amo~nt due and pay~bb Iwrwnd~r ~nd wth wm shal) tMrwpon b~ dw ~nd payable on the due date of the next mo~thly psyment and exh successive month thereafier until mat9ape~ sh+ll notify mortpspo~ of • thanp~ ln wch amount. Such wms shall be applied by mwtgsgee toward the psyment of nal propkty taxes, inwra~ praniwrr, and motq+p~ ~w?aMy Intw~rKa i t premiums. IN WITNESS WHEREOF, ths s~id MORTGAGOR hss hsreunto set l+is h+nd and ss+~ ?M d+Y Y~ ( ~ ' ned, and ed in tM presence of: n . m`--{ n ~n / - . ATE OF FLORIDA 1 courm oF St. Lucie ~fa~ ~,a„~~y Frankl in A. Harri s .~a Val eri e V. H9rri_ a t,is wife, w n,. M,en known +nd known +o n+. w b. rhe individu~b dewibed in and who exea,ted the forepcw~p instrum~nt. and adu~owl~lp~d befon re» N~at th~y ex~a~ied the sam~ for th~ purposes rherein ~~cpreued. Md the sai • Valerie V Harri s wife of ~h. .+~a Franklin A Harris - , ,~o., , ,~...t. ,~a ~:a examin~tion by me taken separate snd ~psrt from her said husband, ackrwwbd~ed b ~nd b~fon m~ th+t ahs exewtd said instrvment fr~ely and voluo- rarily snd without any compulsion, caatrsint, spprehemion, _a~ feu of q from Mr ald husband. WiTNE55 my h~nd and official seal thi~ ~9~ day of A. D. 19~~ ~ Nobry Publ' and tM St~N of Horida d L~rp~ - MY Comee~ ~xpir'sss Retum To: fint Federal Ssvugs a loan /lssoci+Yan . • ' . Of Fort Pierce. • c.`•• ~ Notary Pubkc. Stete af IVOrlda at L.ar~ ~1y Comm~sc~on ExPir~a Aug. 6, 1967 FIL~ P~?nu F~OROED = ~:.•••-L - 8onded B~? Amenca, surety. co, of {Y, r. ST. LUCIE COUNTY. FLA. ; ~/G`G, RECORD VERIFIED = ; i56303 _ : ' : ! ~ ~ = ~ ~U 1 r!Y ~ 9 P~ 3 ~ 2 ~ ~ Q , . . ~ . . • • ~ . ~J - ~~~~'~'_~V • C t ~t~ :r: }i. :i1 i% ~j~ t , ' LL~~::\ 1,.,'v~..~T-t.rJ,J{/~~ ~r I ,~j~~)/ ~ • • . ft 1/1d(~~`~IrirA . ~ ~ t' t~~~ . _ _ . ~ . ~ - ~,~-s*, - .Y " ~3e' '~-6 ' a~' :