HomeMy WebLinkAbout1522 . F .
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To plaa a~d oontim+ou~ly kt~p on tM buildinp~ ia~w o~ haNhK ~ituaN on s~id land ~+d o~ ~II ~qulpnNM ~nd pMSawIN aownd b1? 1hi~ na~q~
.fl•. with ap pnmiwns thawn piid In fuq, fih M?sw~na in ~h~ ~,w+l sund+rd Pdk1l N• swn approwd by tIN M4RTC-AGEE. and wie~datarm ~
tnswana M tM wu~i uand+rd poGcy fo?n~. in • wen approwd by tl» MORiGAGEE. in wch oo+np+nY ot aompaniK Ih~ MORTGAGEE ~n+r
dir.ctr ~nd all M ~nd windaw~m traw ~+o~ pot~cies on any af s~id b~ildi~+pt„ ~e~? MN~tt thu~in a pat tMnof~ M tM apprpat~ svm ~for~s+id a
t~ ~cua IMnof, shdl cont~in th~ wwl s~~+dard ma~pa~ clws~ w wch otMr daus~ a IM Mat~agN m+Y n4~?in. n~ak~^Y tin las urwlK said poli~
cies, each ~nd w~y. WYsW~ 1o s~id MORTG!?GEE ~i iq iRfKNt eaay app~ar. and Nch ~nd twry wd~ po~k11 ~ b~ P~~Ptly ap'~ynd M+d ddiwr~d to
any hdd b~? w~d MORTGAGEE a funFw~ ~cvrity ro satd monpsp~ deM. +nd. ~ lea ~Fw~ tM ll~ d~ys in advano~ of Me ~xpkatia+ of ~+d~ po1kY. to dr
liwr to ~aid MORTGAGEE a rsr»wal tlwrwf. wp~?M? with ~ ncs~pt fo? tM pnmium of wch r~walj ~nd tlNn sh+ll b~ no fin o? wind~to~m Mawana
pl~cvd on ~ny of s~W bvild~eg~. ~ny int~?at tMnin or put th~rwf, unl~ss in tl~e foan ae?d with tM loa p~YaW~ ~s dora+~d~ and in tM ~wM ~ny wn~
of mon~y b~aonw~ payabl~ w~dK wth polky w policia s+id MORTGAGEE shall h~w tM oplion b na3w and ~pply tM sanw on acaount of tM M~d~bted~
neu ~~d Fwnby w b pKmit wid MORTGAGORS ro na~iw ar+d uN N a ~ny psrt th~r~of fw othe~ pwposa, witiw~t thsreby w~ivinp a imp+h-
ir,y snY ~4u~b. li~n w ripht w+d~r or by virtw oi this mortpapr. ~nd In tM ~wm wid MORTGAGORS ~MII fa ~ny rwson f~il b ke~p th~ wW pranisa a
insured. w bil 1o delivN pranptly any of said polid~s of inawanc~ w s+id 1NORTdAGEE, or fail promptly to p~y lvlly ~ny pr~miwe tMrtfa ar in uilr
respect fail 1o pafonR dischar~e. ~xKV/R efiM. canplN~. aomPh? with Nd ~bklt by Mit ocwnw+t. or anY P+rt 1~ewi. s~id MORTGACsEE m~y pl~a and
pav fw wd~ irawanc~ or ~ny put ih~nof witl?out watvinp or af(~c1in0 +ep aWion, It~n. ~4+?ib. a ripht uid~ a by virtw of this Mort~p~, and tM
fu11 amovnt of each ~nd ewry wd~ pa~nt s1w11 be ~iatdy du~ and p~yabb ~rd sh+ll b~ar Mt~nq fran tM d~h thKwf unKl p~id ~t tM raN of
nin~ pK pnfum pe1 ~newm and toptther with NKh intK t sMll b~ s~CVrad by tM U~n Of 1N~ mOMpp~.
I. To p~n~it, ao~nndt w svff~r no wast~ imp+'wnx~t a deteraration of s~id prop~?ty w n+y part tMnof•
S. To pay ~II ~nd sirgula th~ cosb. cMrpa +nd ~xP~n+~s. inckdinp a nawn~bb ~ttan~y's fK and oo~t~ of ~~cri of tNb, incurr~d or p~W ~t
any tim~ by said MORTGAGEE, b~ca~w ot in 1!r ~wnt d tlw fsilut~ oe tlw pwt of t!» s~id 1NORTGAGOR to duly. ptanpNy N~d fvl~Y PMfaen. dacharp~t
execvte, efha, oomptst~, oomply v~rith and ~b~de by ~ach and wery tM stiputatana, pr~erwnts. eondition~, and oownana of aid pron?issory ~w» Md ~hi~
mo.~9+~ +oY or a~he~. u~d said co~~s, cMr~s aed exp~nws. ~ad+ and wNr, slwll b~ Mnn+~diately dw and p~yaW~t wMthN w twt tMr~ b~ notia d?
ma~,d. anemp~ ro ooll.et or wie p«+d~npt aad ~M ivll arnoum of .ach and w.ry svch Wrm~nt sMll ~.ar ine~s~ fran M. d.n tlwewf wntl p~W N+~
rate of nine ptr centwn pK a+wwtnj and all said oosb, cMr~es and ~xpMnes incwnd ar p~id, topetlwr with wch innrat, ~MII b~ s~wnd by tM li~n of thi~
mortyay~.
6. Th~t in the evem of amr bnach of Mh 1Nort9ape a d~fwit on Nr part of th~ MORTGAGOR, a(b) in t1r tvMt +nY of aid wna of naMy
herei~ r.h.r.d ro b. no~ p.omptly and fully p~d wi~hin rhir?y (30) d.y~ ~ex~ aftes ~M same s~ve~aly b~can~ dw ~nd Wy+bM. withovf d~m~nd a noria.
or (c) in tM ~wnt each u+d ~vNy th~ atipulstia+s„ spresm~nb, oond~tioos and aovrmnn of ~aid pron~is:ory not~ and Ma mapap~ any o~ ~itMr ur nol
iulY, promptly and fully p~.famsd, disth~ryed. ~a~ouqd. ~ifected, oompleted, c+omplied with and abided ry. tMn (n ~itMt a any wd~ ~w~t tM ~aid aP -
pregate wm mentaned in said promisswy not~ then remiininp w+paid, with inlar~st acvwd, ~rd all naewys Narnd. Mnby. ~MI) b~oan~ dw ~nd p~p
abie f0/iMNifly p tI~lfNNN. at the option of wid MORTGAGEE, u fully ard campkteiy ~s N all of tM utd su~ of moiwy vwn agin~lly atipul~nd
to be paid o~ wch day. anythirg in said promitsory note or in this Morfpspe fo tM cantrary notwitMt~nd'u~pt and fhK«ipon o~ thtrNffN N th~ Opfion of
se~d MORTGAGEE, withovt rwtic~ a dem+nd, wi! at Iwv or in puity, tl~enfon or NNre~her bp~n. nw11 ~ P~n~ M ff ~II mon~~n Ncvr~d MnbY
had rrututed prior to its institutioo.
7. iMt io th~ ~vent th~t ~t the b~yinnieg of or st ~ny tien~ p~ndinp any suit upon ti~ Mwlpap~. a b~ohebN h. or to r~atn N. w fo ~nfotCa
payment of a~+y d~irro here~nder. wid MORTGAGEE sl+all spply to th~ Cowt havinq jwisdiction tMnof tat tM appoinbn~M of a R~c~ivN, wtt~ Court sMll
forthwith sppoint s nceiver of sa~ mortpayed prop~rty ~II and siig~lar. indvd~n9 atl ~nd sirpulu th~ inoonN, profits„ Itfw~ ~nd rw~nws from wl?~~ewt ~
s~urce derived, each ~nd every o whkh, it beirg ~xpressly und~rstood, is Mreby m«tgped a if ~pecifiully sM forth ~ed dMVib~d In thi prantinp ~nd }
halxndum dawes hereof, and wch Receiv~. sh+ll h+ve al~ tl+e broad and effecriw functiorn ~rd powsn in anywiw ~ntruq~d by a Cowt p a RKSFvK. snd
such appoi~tm~nt shalt be m~de by svch Court as an adrtutted eq~ity ~nd ~ man~r of absolvt~ ripAt fo wid MORTG/1GEE, ~nd wlthout nf~r~ to th~
edequacy w in~deq~acy of the v~lue of the property mat9~«i w to tM wlve~cy w insolwncy of said MORTCaAGOR or tM d~fN+d+ef~. +~d that wd~ ~
renrs, profin, inco~ne, iswes and r~venws shall b~ applied bp such R~aiva accordinp ro tM li~n or puity of s~id MORTGAGEE and th~ pnetla of wch
Coun.
9. To dvb, w~ompt~y .nd f~~h perform. ~achary~. ex.c~ne. .N.ce, oompl~t•, oomdr wirh and ,bid. by «eh .nd w~ryr th. aipul.tlaw •p?.nn«+b. ~
conditaro and ooven~nb in asid prombaory ~ot~ and this mwtysqe set forth. ' •
9. That in th~ e~rent the ownership of tM nw~tg30ed Premises, w~riy psrt tF~eof, b~oomes v~st~d tn ~ pawn oth~? th~t tir A~ORTGAGOR, th~ ~
AnORTGAGEE, its sucoeuors and auiym, may, without notice fo the MORTGAOR, d~al with wch wepssot w~+aNSa in inqr~sf wid? rtfK~na fo thb
mo~tga~e and the debt hareby secured in ths ~ame msnner n with Mo?tg+pw without in any wsy vitiatinp or dadwpinp th~ Mo~tppws' Il~bflity hnr
vnder or upon tl+e debt hereby xa?red. No ~ak of tl+e premises FKreby rtwr~yap~d and no forb~arana on tM part oF th~ MORTGAGEE or Ns tuooetton
or assigiu and no extension of the time for the payment of fhe debt hereby secured 9iwn by 11~. MORTCsAGEE ot ift woo~s~ors ar assipM, shd~ Opa~N
ro release. discM~ye, modifp dung~ a affecl the origin+l liability of the NYORTGAGOR Mr~iA, ~ither in whob ~w M put.
10. It is specific+lly apreed that time is of the euence of this contract u~d that no w~iwr of ~ny oblipatioe Mreu~r w of iM oblipation N~
cured hereby iMll at any tLne thereahar b~ held to be a waiver of the terms hetwf a of tM 4rtrument Ncw~d haby.
11. (n addiYan to the forego:ng monthly paYments of princ:psl and interest tsquired by th~ proen~s~orY noM s~cvnd hereby, mortypo~ townanb
and agre~s fo psy to mortgagee with esch montl~IY paYment an addition~i sum estimat~d by morty~pe~ fo b~ pual 10 1~12 of iFr ~nnWl tasf of fh~ folbw-
t
ing: ~
f A-All real propcrty uxes kvied or assessed ayainst the above desaibed real estat~. ;
i B-Premiums on fire snd windstorm insuru~ce as herei~ requ'aed M be wrried on tht improv~menri iitwte on fIN ~bov~ dexrib~d pr~niwt.
~ C-Premiums on wch mort9sge yv+rsnty inwr~r~ce as mwtgagse shall from firn~ ro Yime de~m fir fo urry on th~ ban s~tund h~t~by.
Mortgsgee shall from time to time norify mongagor i~ writinp of the amount due and payabl~ Mrwnder ~nd wsh wm shall tMrwpoe b~ dw ~nd
~ payable on the due date of the next monthly payment and each successive month theresfler until rt~orfyspt~ rhall notify mortyapor of a th~rg~ in wch
amounT. SVCIf sums shall be ~pplied by mwtga9ee towud the payment of r~al prop~rty t~z~s, inwr~ premivms. +nd mortpp~ ~wrantp inwtura
~ premiums.
IN WITNE55 WHEREOF, the ssid MORTGAGOR has hetwnto set hit hand snd s~al th~ day a~d ~forMaid. i
Sipned, Sealad and delivaed in tM presenc~ of:
~
~
tt..h ~
LL.I1 ,
STATE OF FLORIDA ~
counrnr oF St. Lucie
eefore me peroo~a~~y ~ppeared C. J. C Y' 3 8 t and
' Irene Cri9't tia M,;f~, w m. ,~el~ kn,v~n, ,na krawn w ms w b.
the individuab dewibed in ~nd who ucewted the fwepoirg instr~M, and acknowkdyed b~for~ rer that tMy ~x~aited tM sarn~ for th~ purpw~s
,',e,~,n ~,~pr.,,ed, ,4,d th. .,i~ I rene C ri s t
wife of the .+~a C_ J_ C rie t- ,~ippn ~ s~p~wq and privN~
examinatio~ by me taken sep~n?te and spsrt from her s~id hwb~nd, ~dcrwwledped b and b~fw~ m~ that sht ~:~cuted said imtnxnent frNly ~nd volvn-
~
rar~ly and w~tho~t ~ny comp~lsion, ca?itraint, apprei~ension,~ fear of w fiom Mr said Iwsb~nd. S
~ WITNESS my Mnd ~nd official sesl C~ day of M8 A. D. 19"L ~
~ Notsry Pu in and fw th~ Sub of Horida at Larp~ ^ 1
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My txpins:
Retum Ta. .
First Federal Ssvinps 8 lwn /usociation `~.~~~:ti:N11~~i~~,; ~ aC mm ssio~
p~ s~ug. 6, 1~67•
Of Fort Pierce. ' '
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Forr P3erce. Fbrida `'i' ~3onded By Amer~c~n Surety Co. of N, Y,
CORpEO `
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FILED A~~D RE y. FI.A• • Q. 1._ .J . ~ - = = , /
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