HomeMy WebLinkAbout2334 To pl+c~ ~nd continuously kt~p on tM buildiegi r+ow w I+ere+ftK sitwb on said land snd m ali eqvipn~~f a+d pMSOe+IN cow+~d bl? this anaq~
p~. with ~Q p~mivms IhKwn p~id in fvi4 firo insurance i~ the uswl sundud policy form, in • swn +pprowd by the MORYGAGEE. ~+d wind~ronn
k+sur~nt~ tn tM uwal tta~dud poliq fam, i~ ~ sum approved by the MORTGAGEE, ln sud~ comp~ny or comP+n~~s u tM MORTGAGEE ~++y
directj ~nd all fin and w'u~dstwm inswanc~ polic~es on +ny of S~id bVildilpi. My ~11Mty1 tFNfluf W~ tANlOf, ie tM apprep~~~ wm +~o~„+tid a
I~ ~apts tMnof, ~hall contain th~ wwl sta~+dud matgagee claus~ o~ svch otFw~ davse a tM Maro+pe~ m+Y nq~a~. ^n+kinp tM Iw~ undK taid po~F ~
des, each and ~vKy. paYabN w++jd MORTGAGEE as its interest may appea. snd exh and ~vay such po~kY sh+ll be pranpty.aa:yned and d~livKed to
~ny Mld by s+id MORTGAGEE as fu?ther security to sa~d mortgage debt, sod, not. ku thao tM (10) days in ~dvance of tM ~xpir~tion of ~ach policy, ro dt
t~ver ro saW MORTGAGEE • ~ensw~l tMnof, tope~Mr wirh a rece~pt fa 1he premiwn of wch ree~ew~lj ~nd tMn ~hsll b~ no f~n o~ windstwm inwranc~ ~
p~.nd on any of said buildinps, ~ny in~a~st tlwrein or put ttxreoi, unleu in the fw~ aod with th~ lou paY+bl~ ator~saidt +~d in tM ~wnt ~ny wm
ef mpwy bacpeq payabl~ w~d~~ such polity or policas said MORTGAGEE shall haw tM optior? to reetiw ~ad ~pply tht s~m~ a+ +ctamt of tM ind~bted~
neu s~c~nd Mnby or b permit said MORTGAGORS to reteive arK! us~ it w any part thereof for other pu~poses, witewut ~he.•b~ waivi~~ o~. imp+ir•
iny ~ny p~iry, lien a ripht vode~ w by v4tw of this mors9age; ~od in the ~vent ~aid MORTGAGQRS shall fo~ any rsafon iail ro ke~p the said pnmi+e~ so
in~ured. at f~il W dtliw? promptly ~ny of s+id policies ot inaurance to said MORTGAGEE, w iail pranptly to pay fully any premium tMnfor or M ~ny
nspM fall W pN(ore~, dixhupe. ~x~cvt~. ~ffect, campl~ro. comply wi~h and abid~ br this coven+nt, or ~ny pin Ae~wf, uid MORTGAGEE m~y ptac~ ~nd
paY fw wch Gauranc~ or any puf tM~wf without waivinp a affectinp any' option, li~n, puiry. o? ripht w~d~~ w by virtw of this Mortpp~. ~nd tM
full amount of ~+ch and ~wry wcl~ p+ym~nt shall bs immed~a~ely due ~nd ~leysble aod ~hall Mu interest fran th~ dat~ tMrwf w+til paid ~t th~ r~t~ ol
n~n~ p~r pntwn p~r annum and to~ether with wth i~terest shall be secured by tM lien of this mo~tpap~.
To pe?mit, oannit or svffer no waste, impiirment w deteriwatia? of isid property or any put tMreof.
S. To pay all and siegulu tl+~ coat~, ch+rpes ~nd expenses, including a reasonabte ~nwney's fes uid oos» of ~banacts of titl~, incurc~d or p+1d d
any tirrN by ssid MORTGAGEE, btcavs~ a in tM ~vent of the failv~e o~ the p~rt of tM ssid MORTGAGOR W duly, promptly and fvlly pKform, diuh~rp~
execur~. ~ffec4 comple». comply with and ~btde by each and every rhe stipulations, ~reements, conditioos, ~nd oownants of said promissory ~ot~ ~nd thi~
mat~ap~ any a atMr. ~nd s~id tosts. cMrQes and expenses, each and every, shall be inwnedistely due and payabl~: wh~tM~ a not tM+~ b~ notiu d~'
mand, ~ttempt to colbtl or wit p~~dingt uid the f~ll amou~t of each and every wch payment shall bear intentt fran tM dat~ tl+~reof ~ntil p~kl ~t tM
rete of niew per oentum per annvm; ~nd all said co:ts, charges and expenses incurred a paid, topether with such iM~nat. shall b~ s~w~~d by th~ lien of tlw
rnort0a~.
6. il+~f in ths evtnf of any brsach of this JNortgaye w default on tM part of ths MORTGAGOR, or (b) in th~ ~v~nt u~y of ~aid sueru of mon~y
heretn r~fKnd ro be not promptly and iully p+id within thirty (30) days next aiter the same uver~lly b~cam dw ~nd pay+bb. willw~t dem~nd o? notiq.
or tn tM ~wnt ~~ch and tvery the ttipulations, a9rea++e*+ts. cond~rions ~nd coven+nb of s~~d promissory not~ and lhis mortpp~ ~ny a~Iti+K ~n e?ol
iuly. pranptly and (vlly pKfwmed. d~scMrged, ezecuted. eifeaed, completed, compl~ed with and ~bided by. theo in ~itl~ w~ny ~uch ~wnt tM said p~
gregat~ sum m~ntiand in uid promissory note then ~emaining unpaid, w~th interest xuued. ~nd all mon~y~ s~cvrsd. Mrsby. ~11 b~oort~e dvt aed pay~
abf• forthwith, w fMfNftN. at th~ opran of said MORTGAGEE, as fully and compkrely as if all of the asid s~nr of mon~y vwn aipinally atipulated
ro be paid an wd+ d~y, snythinp in said pran'~uory no~e or in this Mwtgage to the contruy notwitlutandinpj and thK~upon or tMr~aAN ~t tM option of
se~d MORTCsACsEE, without notic~ or dem~nd, wit at law or in equ~ty, 1FINlFOfQ O? ~I1NNIfN beyon, m+y b~ proNa+t~d as if a~~ roontYs s~wnd Mnby
hai! matund priOr fo iri iMlif~tion.
7. ilwt In th~ ewnt that at the beyinni~g of or st any ~ime pending any w~t ~pon this Mwtyape, « ro fonctw. h, a to nfam h, o? fo Mforo~
payment of ~ny d~ims Mrevnder, s+id MORTGAGEE shall apply to the Coun having jurisd~ction therwf fo? tM ~ppantment of a R~ctivN. wch Ca+n shd~
Forthwhh ~ppoint a receivt~ of sai~ mafps~ed p~operty all and singular, includ~ng all and singular tl+~ inaom~, profits, issuM u~d r+vMws from wMt~vN
wurce duived, ~ach ~nd ~v~ry o~ whrch, it being expressly unders~ood, is hereby mwtgaged a if specifiully sN forth and d~wib~d in ihi ~r~ntinp ~nd ~
habcndwn dauses I+er~of, ~nd such Receiwr sMll hsve all the lxoad and efiective funct~ons and pcwera in anywiN ~ntr~at~d by ~ Court tp a R~alvN. ~nd
such sppointm~nt sMll b~ made by wch Court +s an admitted equity and a maner of absolut~ ~i9ht ro s~id N10RTGAQ~E, ~nd without nfennu ro tM
edcquscy or in~d~q~acy of tF?~ wlw of the properry mwtgaged or to the soNency or insolvency of said -MORTGAGOR a tM d~f~ndants, and that tuch
renrs, profifs, income, iuues ~nd revenues shall be applied by such Receiver accwd~np to the lien or puiry of s~id MORTGAGEE and tM practia of wcb -
Court.
& To duly. promptly and fully perform. d'achsrge, exccute. effect, complete, complY with and ~bid~ by tad~ and ~wry th~ ~tip~~+tiora, apr~em~ets,
conditions and cove~anq in said promksory rwte arw! this mortgsge ut fwth. ~
9. Th~t in tM evtnt the ownership of the mortgayed premises. or ~ny p~H thercof, betomes vested in • pawn otlwr Nwn ths MORTGJIGOR, th~
MORTGAGEE, iri succtssort ~nd auigns, m+y, without notice to the MORiGAOR, deal with iucb s~cc~sw~ a rucasto? in intaat with r~fstlno~ ro thU
mortgap~ ~nd th~ debt hereby secured in tF?~ same manner as with Mortgagw without in any wsy vitiatug a dixMrpinp the Mortpapon' li~bility her?
under or upon tM debt hereby secured. No sale of the premises hereby mo.tgaged and no fwbeusnte on the part of tM 1NORTGAGEE or in uroastors
or assigiq and no extension of the fime for ilx paymcnt of the debt herehy secu?ed giver? by the MORTGAGEE or in succsuas or auipr?s, ~h+~l op~r+t~
ro releass, distMrye, modify thange or affect the wiginal liab;loy of the MORTGAGOR herein, eithe~ in whole w in put. ~
10. It ia ~pecifically ayreed that time is of the essence of this contract e.~d that no waiwr of any obli~ation heraw~der or of tiw oblip~tion M-
cured F~ebr iMll ~t eny time thereaher be held to be a wai.er of the terms hereof w of the instrument sean~d Mrby. ~
11. In addition to the faego:ng monthly payments ot princ'pal and interest required by fhe promissory note secured hereby, mwf~agor towe+Ms
and agrees to p~y fo mortyagee with esth monthly payrnent an add~rional sum esGmated by mortgagee to be eqw) M 1/12 of ths ~nnwl tott of th~ fd{ow-
ing:
A-All real property tsxes kvird w asussed agai~st the above deuribed real estate.
B-Premiums on fire ~nd windstorm insvrance as herein requ~red to be carried o~ the improvemenri situaft on fhs abov~ desaibed pr~miau.
i C-Premiums on such mwtgnge gwrsnty insurance as mortgagee shall (rom t~me to time deem fit to ~arry on the Iwn secur~d I~sreby.
` Mortgsgee shall from time to time notify morfgagor ~n writ~ng of the amaum due and payabk hOreunder and such wm ihall therwpon b~ du~ ~nd
payahle on the due date of the next monthly payment and each successive month thereafter until mortg~gee ahall nofify morfgagor of a chanp~ in tuch
amount. Such sums shall be ~pplied by mo~tgagce toward the payment of real property taxes, insurante prem:urtu, and mort~spe pwr~nfy inwranc~
premiums. ' ,
IN WITNE55 WHEREOF, tht id MORTGAGOR has hereunto set his hand snd usl the day and year fint ~for~said.
atsd • d~l in presence of: i
~ h
re..h
- - n--n
~ rs..q
ATE OF FIORIDA ~ .
~ 3t. Lucis
couNTM oF
8efore me psrsonslly appeued TcL__L_. Rnlle~ a sinQle Arlul t an~
hlr~lfe, ro me well kewwn ,rd knawn ro me ro!»
the individu~ destribed in and who exetuted the foregoing instrument, and ackrwwledped lxfote me that ~eexecuted the same for the purposes
ss~a
therein expres~ed. Mi•fbrwJ 1
wii~ ~i.1b~Mii ' ' epeirriePu~1R ~ld ~r1V~~
txamiMlqlf by me taken separate ~nd apsrt from her said hu band, ackrwwledged to a~d before me that she e:ecuted said irotrument Reely ~r?d volun~
tarily and witl~ovl u~y comp~lsion, constrai~t, appreFx~sior~ fea~ of or from her ssid husb~nd.
WITNESS my h~nd ~nd official seal th~a l~ day of A. D. 1911~
~ i
. - ~ . Notsry Public in N+d for ~lMl tt ~ ffoc~(a k~~, 1
My Conwnission ~xpires: t•t:-. iCS:C3 2t arg! ~
Return Ta. ' ~ ~ ~*Y Commissio~ Ex;ares Nor. 3, 1959
Fint F~d~r~1 S~~~s a~oa~ ~~c~ara~? F I LE D A N D R E CORD ED ~e~e er /~+~KM F~~ 6~-
Of Fort P~erce. ST, ~UC}E ~qUPJTY, FLA.
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