HomeMy WebLinkAbout2988 To pl~a ~nd aontiiwiou~y k~ep on ths beitdings now o~ h~raafta sitvat~ on s~id land s~+d on aQ ~qvipee~M and pwsa+a~hr oownd b1l ~~++a~P ~
p~. wifh d) prtmiwM tMnon p~~d in full, fi~~ insurance in tM ~w~l stardud policy form, in a fwn pprowd by Nw MORTW?GEE. ~?d r+i~twm
insuru~ in tlw uwal ua~+dan! pol~cy iwm, in • sum spprov~d by tM MORTGAGEE. In wd~ company o~ wmP+nia tM MORTG/1GEE ~y
d;rectj ~nd all fir~ ud w'adsfwm i~x+ne~ polictes on any of aaid bvildinps, any int~st tiw~la w put tl+erwi. tn th~ +o9n9~N w~ ~foryatd w
In ~xaa tMnof, sMll cont~in tA~ vswl st~~dud mortgage~ cla~ne w svch othu claus~ ~s tM lNort9ap~a n+aY nquir~. m+kinp ~M bu wid~~ a'd Po~F
cies, Nch u~d ~wry. par~bl. a s+id MORTGAGEE ~a its interest may ~ppesr. ~nd tach u?d ewry such potiey ~Mfl b~ p?anptly +ss:9ned Md deliwt~d ~o
~ny h~id by s~id MORTGAGEE ~ funher security to said m«~ysge deb~, snd, nW kss th~n tM p0) days in advanu of tl+~ ~xpiraYan of ~+ch poiky. ro dN
liver to s~W MORTGAGEE ~ reoew~l ttwwf, tope~Mr wi~h s recaipt iw tM premium of wch r~walj and ti+k~ al++Il b~ eo fin a windstam Inawanu
placed on any of s~W bulld'u+ps, ~ny iotaest therein o~ put thereof. unleu in tM form ~nd wi~h ~M los~ pay~bl~ +taes~ids and In tM ~wnt ~ny w~n
of mon~y b~ca~wa payaW~ w+d~~ wch ?olicy o~ po~kies s+id MORTGAGEE iha~l Mve tM optan ro no~iv~ and ~pply tl+~ s~ on +aoouM of tM ir~b~~d-
neu acw~d lw~by ar w p~+mit aid MORTGAGORS ~o roceive and usa i1 a~ny part thereof fa othe~ pwpokt, without 1M.eby waiving a unpah-
~rq anY puity. li«+ a ripht vnder or by virtw of this morrga~e: u+d io ~M ~ven~ Ncd MORTGAGORS sMll fa a~r na~or? fail ro kNp tl+e wid pran~ses ~o
in~ured, p f~il b d~liver promptly any of said policies of iRSUrance to said MORTGAGEE, or f+a Pro~tN ro wr ~~N ~^Y P~K^~+^~ tMnfa or in snr
raspact fail b pKfwnl, dixhupe. ~xecuu. ~ffect. compl~te, comply wirh and abid~ by this aown+nt, w ~ny put hsrwf, ~+id JMORiGAGEE m+y p~+ce +~d
par fw wch irowanc~ a ~ny put thaaof without waivinp w ~ffnctinp any opria~. (i~n. Muib. or riqM wd~ w by rirtw of this Mortp+p~. ~nd tM
full amount of Nch ~nd ~w~y wd~ p+ym~et shall bs immediately dve ud p+yabl~ and sh~ll beu intsrat fran th~ dat~ th~r~of until p~id ~t th~ rat~ of
n~n~ p~r centum p~r amum and toyether with such ioterest ihaU be a«vrcd by tM litn of this mo~tp+y~.
S
1. To p~rmit, oomn~it a wffN no wute, impairment w deteriord'an of said property or ~oy put thenof.
5. To p+y all snd ~hgular tM cos», charges and expenxs, includinp s rcasonabl~ ~non+ey's fe. and oosn of abs+.ac~s of Krl., incur!~d a p~W at
any tim~, by said MORTGAGEE, b~ca~ss w in the eve~t of the failure on the paA of the ssid MORTGAGOR b dufy, pranptly and fvlly pKfon~, d~ahs~t
sxecute, ~ffect, compltt~, oomply with and ab'~de by each and every tAe stipulations, apreanents, conditiaa, and aowna~ts of uid prwniswry noM u+d thu
mo.r9ay~ any a eitM?. and s~id oosts, chu9es and expenses, cach and every. sMll b~ immediately dw and pay~bl~s wMth~r ar not thK~ be notip dr
ma.~d, attempt to tolkct or wif peedings u+d tM full amo~nt of each +nd wery wch paYment ~MII bea~ intena han th~ dat~ thKSOf until p~W at tM
rate of nln~ per centum per aenum: a~d all said costs, charges and expenses inturred.o~ p+ld, togNhat with s~xA Inbnst, sh~ll b~ ~Kw~d by tht li~n of thN
^'orty+p~. '
6, lfut in ths evant of any bresch of this hlwtgape w defauU on tM psrt of the MORTGAGOR, or (b) in th~ tw~t ~nY of aW wm~ of moMr
herein r~ftn~d to be not promptly snd fully paid within thirty (30) days next ~fter the same sever~lly b~tort» dw and p~yable. withovl d~m~r?d or ~otiu,
or (t) tn tlK ~veM eath a~d every fhe stipulations, agreemeMS, condifions s~d covensnn of sa7d promissory not~ u~d tAis mortpa~ ~ny w ~ithn an no1
iuty, promptly and fully performed. d~scharged, execu~ed. effected. completed. canpl'~ed witA and abided dy. tMn M~itFNr a~ny wd~ twnt tM aid a~
pregats wen mantiorwd in aid promissory note then remaining unpaid, with iMeresl scvwd, u~d all nwneys s~cw~d. hueby. shall b~oonr dw ~nd p~~h
abls forthwith, a tMresfter, at tM option of said MORiGAGEE, ~s fvlly and completely as if all of the wid swnt of morNr wKt oriQlnally ~tipulat~d ?
to M paid on suth d~y. anythiap in said promissory note or in this Mortgage to tM contrary notwitMtandi~p~ and tMnupp~ w th~nafbr ~t th~ option of
said MORTGAGEE, without notite or demard, svit at law or in equity, thereFwe or thetsah~r b~pw1, ~n+Y b~ p~oMCUt~d aa lf all nwrNys Ncur~d lN~~by
had matured priot fo ib irotitution. .
7. That in fhs ~vent thaT st the begiro~ing of or af any time pending sny s+~it upon this Morty~pe a fo /or~dw~ H, or fo nforn~ If, o? to ~nforq
psymcnt of any dairm hereunder, s~id MORTGAGEf shsll apply to the Court having jwisd7ction ther~of for tM +ppointewnt of ~ R~odva, wch Cou~f sh~ll
forthwith appoint ~ r~tsiver of sai~ mwtyaged p~operty a{I and sing~lar, ieclud~ng all and sirg~lar tM inaorn~, ptofitt itsws and nv~nwt froen whatever
wurce derived, each and ~wry o# whKh, it being expressly und~rstood, is hereby morrgaged as if tp~cifially wt forth and d~wlbd In thi pr~ntinp and
habendum davtes hereof, u+d wch Reaeiver shall have all ~he b.oad and effective fvncriens s~+d powsrs in ~nywi~ entrw»d by ~ Court tp • R~aivtr. ~nd
:uch appointment shall bs made by such Court as an ~dmitted eqvity and ~ matte? of sbsolule ripAt ro s+id MORT6/1GEE, and wirhout nf~nna fo tM
adequscy w in~dequacy of the wl~re of the propcrty mortgaged or to the wivency or insolv~ncy of uid MORiGAGOR or tM defend~n», ~nd th~t avth
renr~, profit~ Gxome, issues and revenues shall be applied by such Receivcr sccordinp to tl»" (ien ot ~quiry of Mid MORTGAGEE ~nd tM practio~ of such
Court.
8. To duly, promptly ~+d fully perform, dixharge, execute, effect. complete, canply with and abid~ by ~sth and ~vtry th~ sNpu~+tionf„ pr~nt~,
co~d~rans and covenann in ~id promissory no~• snd ~ha mw~gsQe arr fo.~h. ' •
9. Th~t in tl+~ eve~t the ownership of the mwt9a9~ P«*^~• +~+Y W?t thereof, beaanes wst~d in a p~non oth~r th~n th~ MORTGAGOR, th~
MORTGAGEE, its succeuors and usigiu, msy, without notice to the MORTGAOR, dp+l with such woc~aw a Nia~ssor in iMeraf wNh nf~r~na to ihh
morty~s and the debt he~eby secured in the same manner as with Mortgagor without in ~ny way vitiatinp or d'adaryinp tM Mortpapors' (iability her?
under w trpon the debt hereby secured. No sste of the Fremises hereby mwt9aged and no forb~awna on th~ put of tM MORTGAGEE or iri wooesson
or assignt and no eate~nan of tM time for the payment of the debt hereby secured yiwn by tiw MORTGAGEE w its wcoqfors ot as~ipm, sh~l{ opa~t~
~o releas~, disdrrpe, modify cMnpe or affect the original IiabiGty of the MORTGAGOR hereiry either in wiwl~ a in parf.
10. It b specifiully ap~eed that time is of the essence of this contract a~d thst no w~iwr of any oblipatan hu~w~der a~ of th~ oblip~tion N-
cured Mnby sh~ll at ~ny tim~ thereaNer be held ro be a waiver of the terms hereof a of the instrumeM seax~d hKby.
11. In sdd~Yron to tF+e forego:ng monthly paymeMS of princ:pal and imerest required by the promistory nole wtured hereby, mottp~por Cowaanb
and ag~ees to pay to mortgagee with each monthly payment an additanal sum estimated by mortgagee to.bs equal f0 1/12 of the annu~l COSf Of tht follOw-
A-All ~eal property taxes levied w assessed agai~st thc above desvibed real estate.
B-Premiums on fire and wi~dstorm i~surance as F~erein requ~red to be carried on the improvemenfs situab on the above dqtribed prMniNS.
IF C-Premiums on suth morigage guaronty insurar~ce as mortgagee shall from time to time deem fit fo urry On t!N IOan atund her~by.
Matgagae shsll from time ro time notify mortgagor in w.iting of the amount due and psy~bk i~eunder and suth wm sfiall therwpon b~ dw ~nd
~ayable on the d~e date of the ~ext monthly payment and each successive mortth thereafter vntil mortqsgee shall nefify mortgsgor of • cMnp~ in u+ch
~ amounr. Such sums thsll be applied by mortgagee toward the paymem of real property tsxes, iru~rance prem:ums, and mortyay~ pw?anlp (nwanq
~ premiums.
IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunro xt his Fwnd and seal the d~y and y~a~ fint af~
iptwd, 5~ d and ~e vered in the preaence of:
~
~ t
n
,s..q ;
}
STATE OF FLORIOA 1 ~
courm oF St . Lucie j~ ~
s.ra.. ,,,e P.,,o,,,uy ,~.,,~a C R Hoffineister
n~rothy F. Hof fineister w~{Q, ~„e r„e~~ k,,,M,,, ,n~ m, to b. t
the individwls described i~ and who eaewted the fwegoin~ instrument, and acknowkdged before me th~t they execvted ths same for th~ purpos~s
therein .~a. n~a ~n...~a Dorothy F. 8offineister '
;
C. R. Hoffineister ~
w~fe af th~ ~aid ' upon ~ sep~rst~ and priv~M
examinstion by me taken sepsrate and apart from her said husband, adcnowledged to snd befwe ms that she executed s~id imtrvment freely and volw~-
rar;ly and without any compulsio~+, co~straint, apprehens~or fear of w from het s+id Mnbard.
WITNESS my hsnd ~nd oHiciel s~sl tbis t3d d~y of une A. D. 19 67
Notuy Publ' u+d fw th~ St~te of Horida at L~r~
, My Cann' ~:pinss
~ Retwn Ta
Fint f~ Savinps i loan Aswciatioo ~~otary Pubic. !ttl~ d Ibrlde at Lafge
`.~~,(~1Q~~V, hty Commiss:on Expins J1ug. 6, 1967
Of Fwf Pierce. ~
; e..-•••••..:r,^
~~i, Bonded Dy American Surety ~o. of N. Y.
FIL~D~4N0'RlOOROEO? . • ~ ~
ST. LUCIE COUNTY F • i ~`'j
. LA: j . ~ v :
RECORD VERIFIEO ~ 0 'r • r :
-y,=::~t.._.~ ~ _
- , 5 ~ v~ f`= -
~ '~t JUN _30 _ P~("~ , r;~- ~
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~I! 5:.~• ~
CLERK C RCUtT COU!!~
. ~k 166 ~~E2986 . ~
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