HomeMy WebLinkAbout0412 S. To plaa a~d co~tiiwiously ks~p on ths buitdinqi now w MreaTtK Wtuat~ on said la~d ~nd oe ~II cq~ip+»n1 ~nd PKSO^~Ih? oow~~d bl? this nw~t~
p~, wilh all p~miwM tiweon p~id in full, fire insur~nce in tM u~val itu+dud policy form, in • twe approwd by th~ MORTGAGEE. and wi~lorm
imw+na in ths usu+l iundard policY fam. In ~ sum ~pproved by tM MORTGAGEE. in wd~ corry~u?y or oompani~s a tM MORTGAGEE ~y
dinett a~d~ all fi~~ and wind~~wm ir?iuranc~ polic~es on ~ny of said bui~d~~, .nr uu•..•~ rl+.r~ln w p+n rM.wf, M tIN +pq~p~t~ win atores~id a
M ucass tFwtwf, sMil contain tM uswl ftandard ma~gage~ ciws~ a tuch aM~ dws~ u tIN MatpapN maY n4~+~. m+~^0 tiy lo~s wdM Nid po1F
ci~s. ~ach wid ~wry, paY~bN b said MORTGAGEE as ~n inrerest may appea~. +nd each and ~wry tuch policy ahall bt p~onptly ps:yi+~d and d~livK~d to
~ny h~ld by said MORTGAGEE as further secv~ity ~n ssid morrgsy~ dcbt, and. ra~ I~ss tMo ten (10) d~ys in ~dvanu of th~ ~~atia+ of ~~ch polky. to d~
(iwr 1o said MORTGAGEE • rMewsl thereof, to~e~her with a ~ece~pt for the p~amium of such reeNw~lt aod tMn s!?all M ~o fin or wi~torm ieuwuw~
pl~ud on any of said b~ild'ags, ~ny interesf therein or psrt the?eof, unleu ie tM form and wi~h tM loss p~yable u ~faa+idt +~d +^Y ~
of mo~wy bc~~ p+Yabl~ undM wch policlr o~ po~icies s+id MORTGAGEE siull haw th~ option to naiw u~d ~pply 1M s~me on aooount of th~ tnd~bt~d
n~ss Ncw~d henby a a pamit said MORTGAGORS ro receive ~nd us~ N w ~ny ps~t thsreof fa othe~ pwposes. wi~hout th~.eby wairinp u imp+la
inp anY p~rity. li~n a ripht under or by virtw of this mort9a~e: and in th~ ~vent said MORT('sAGORS sh+ll fw aay n+son f~il to kMp tM wid p~~+nises w
insund, o~ iaft to deliva~ promptly any of said policies of insuru~ce to ssid MORTGAGEE. or fail promptly to p~y fully ~ny pr~miw+n tha~fw a ie unr
r~spM f~il b p~riorn~, dixhu9e, sxecute ~ffect, compl~re, comply with and abid~ by this coven+nt, a any put he~~of, s+id MORTGAGEE nwy plap ~~d
WY for such inw~ano? w~ny part tlroreof without waivinp w ~ffectinp any opt~on. li~n. Mviry. a rght w+dM a by virtw of this Mort9a~. ~rd tM
full arnoum of ~sch ~nd evKy wch payment shall be ~mnxdiare~y due and psyab~. and sh~11 b.u in~.?e•~ from ~Iw daa th.nof vnal pa~d ~t tM rab of
nirw p~r ttntum pu annum and topether with suth intmest shall be secwed by tM i~en of this maf~+p~.
To psrmit, aanmit or suffer no wute, imp~irmcnt or deterioration of ~id property a+M? put tMr~of. .
S. To pay ~II ~nd sin~~lar tF~ cos», charpes u~d expenses, includirg s ~easauble anwney's fN a?d cos» of ~bshacts of dd~. inairc~d a p~id at
any twne by s~id MORTGAGEE, bttause or in the event of the failwe on the p+n of /M s~id MORTGAGOR 1o duly, praeptly and fully pKfonn, d'ath~rQR
execute, effect, oompkt~, comply with and abtde by each and every the stiputations, apreanenn, c«+ditiaa; and aownann of said promissory not~ and tl+i~
mwtyap~ athl or eitha. and said costs, chuges and expenses. each and every, sMll b~ k~wmdiattly dus ~nd pay~bl~s wMtIK? or nof tMr~ b~ r?otiq d~
msnd, attempt to collect w wit pe~+dingj and tht ful) amouM of esch~ and wa~y such paymeN shal) bear intKpt froen tM dat~ tMr~of until pald at th~
rate of ni~a per ceotum per am~um: and all said costs, charges and expenses inpxr~d w paid, tog~iher wlth suth InNrNp ~hall M Np?nd by N~e ~i~n of flw
6. ih~t in th~ eve~t of any breach of this Mortgage o? defaulr on the put of ths MORTGAGOR, w(b) In th~ wMt u~y of ~aid ~wm of mon~y
herein referred ro b~ not promptly and f~lly paid within thirty i30) days ~ext a4ter the tame severslly b~tan~ du~ and payabl~. withoW d~mand or ~lotic~.
o~ tn tM event esch u~d every the stipulations, agreemenn, conditions and coven+nn of satd panisswy nm~ and th~s monyp~ u~ a~ith~r ~n nw
~b, a~wH fuiy Pe.for~d, dtscharged. execvred, effecred. compkted. compl'ad with and ~bided by, tMn in ~itlwr w any weh w~nt th~ ~aid ap~
grsgat~ wm met~tioned in said promiuory note then remai~ing unpaid, with 1111NQS1 MpNld~ and all montys Ncu?~d. h~r~by, ah.n b.ao~n. dw and P.r
abl~ forthwitF~, w theresher, at tMe op~ion of said Nk~RTGAGEE, ss fully and completely a if ~II of the said wnn of mon~y vwr~ aipinalty sNpulat~d
ro be paid on sucF~ day. ar?ythinp in sa~d promissory note or in ihis Mortgage to tF?e tontr~ry notwitMtandinpt and thK~upon ar NN+~aftsr at tM option of
said MORTGAGEE, without noGce or demand, suit at law w in equity, ~hcretore or ri~er'afr.r b~yv~, nwr M proacw~d a If al) mo~y~ aau~d Mnb~r
h.d ewrw.d prior ro ~n iro~irurion.
7. Th~t in the event that at the beginning of or st any time pending any wit upon this Mortp~, or to iohelow h, a b niam h, w to ~nfwa~
p~yment of ~ny daims herwnder, s+id MORTGAGEE shafl apply to the Court having jurisdiction thenof fa tM appointnwet of ~ R~t~iv~+. such CouH sh~ll
Fwthwith ~ppoint a receive? of sa' mortgsged property all and sirgular, includmg all and sinyulu tM iexan~, profits, b~ws and nwnw~ han wMtwK
soures derived, each ~nd every o~which, i~ be~ny expressly understood, is hereby mortga9ed as if apecific~lly ~et foHh tnd dNCrib~d in thi 9r~ntinp and
habendum dsuses hercof, u~d such Receiver shall have all the broad and effective fvnct~ons and powen in anyvvii. «muaed by ~ Covn ty • R.c.iwr. ~nd
•uch sppointment shall be made by such Court as ar. admitted equity and a rrWtte~ of absolute right to said MORTGAGEE, ~nd without nfenna to N»
adequacy a insdeqvacy of the wlue of the properry mwtgaged or to the sa'rency or insolvency of said MORTGAGOR w tM d~fandaM~, and that tuch
rents, profiri, incane, iuues and rwenues shall be applied by such Receive? xcordiny to the lien or sq~rity of s~Id MORTGAGEE and tFM pr~ctiq of wch
Court.
8. To duly, pranptly and fully perform, discharge, execute, effect, complete, comply with and abid~ by ~ath ~nd ~very th~ stipulationt, apn~n~N~„
conditans and oovensnts in asid promi~sory nme and this mwtgage set forth. " •
9. That In the event the ownership of the mortgsged prem~ses, w ariy part thercof, becanes wshd "in • p~rton oth~t th~n th~ NIORTGAGOR. tM
MORTGAGEE, its wcteswn and assgns, may, without notice to the MORTGAOR, deal with such wtusso~ or M+oassw In imaNt with nf~r~no~ to thi~
mortyape ~nd the debt hereby secured in the same manner as with Mortgagor without ie~ any way v'A'iatinp a di~d+ar9irg tlk Morty~pors' liabllity Irrt ~
under or upon the debt hereby secured. Mo sale of the premises hereby mortgaged and no fwbe~r~na on th~ pan oi th~ MORTGAGEE or iri wtasson
w ass~grn and no extension di tbe time for the payment of the debr hereby secured ~iven by the MORTGAGEE w in ~ucoasors or asipns, shdt op~r~t~
n
ro release, d~schuye, modify chsrge or affect the original liability of the MORTGAGOR herem, either in whols w h put.
10. It is apecifically agreed thst tune is of the euence of this contri+ct ~nd that ra waiwr of any oblg~tion i~uwnder or of tl» oblipati0n M~
curod hereby shall at any time thereaher be held to kx a waiver of the terms hereo( w of the irotrwnent seand h~rby.
11. In addition to the forego:ng monthly paym~nts of princ'pal snd iMerest reqvired by the promiuory note ~ecvred hereby, mortp~gor oown~M~
' and ~grees to p~y ro mortgagee with each monthly payrne~t an additional sum estimated by mortg~gee fo be eqwl to 1/14 of ths annw) cosf of th~ fOllow-
ing:
A-All reat property taxes levied w assessed against the above described real estate.
~ B-Premiums on fi~e and windstorm insurar.ce as herein requ~red to ix tarried on the improvements situat~ on 1M ~bov~ destribed pr~rtdsM.
~ C-Premivms on such mortgage guaranry insurance as mortgagee shall from time to time deem fif fo urry on fh~ lun sKUt~d Fwrfby.
Mortgsgee shali from time to time nolify mortgagor in writing of the amount due and payable hereunder Md suth wm ~hall th~rwpOn b~ du! and
~ payabk on the due date of the neat monthly payment and each successive month thereafter until 'mortgsge~ thsll notify mortg~gor of • ehanp~ In such ,
amouM. Such wms shall be applied by mortgagee toward the payment of real property tsxes, insvwnce premiums, and moripp~ puuuMy Imur~nt~
p~emiums. ~
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto ut his hand and seal the day and ~fwaaid.
•
Sgne Sealed and deli ed in presence of:
n
~
~n
R..~
STATE OF flOR1~A 1
CoUtiTY OF S~ • LL1C ~@ i S5.
eeforo me I e rca Ray Collins ~
Phar~s
ne ~ollins h~ W~{~, to ,~,q~„ ~p m. „ b.
the ir?dividuab desuib~d u~d who exec~t he ; inst ,~d atknowledpod befom m~ that N~ey ~x~cuted ths sarm for tM ptrrposes
& ~~iaP~~e~e o~~lins
r1~e.ein ~xp.essed. tt» ss' _
wife of th~ ssid ay o ns - upor, ,,~p,.at. .ea priv.t~
examinatan bp me taken aepsnte and spart from her said husband, scknovvledged to and befor~ mt tMt shs e:ecvted said instrumeM fra~ly and volurf
rarily and withovt amr canp~rbion, co~traint, spprehcnsion, or feu of w from her said M+sband.
WITNESS my hand snd offici~l seal this ~~L- day of 'j~ A. D. 19~
. ts Public in ~nd for tM ~st~ of Horida ~14tpa--_ ~
• `~~~i~i~~tKttk{~~, _ My Comenission ~xpins: . ~
F'u1t F~desal SaRvinps 3 lOSa AssOCiaf'wn ,~:~~~;v~~~~~~~~~`~~i4',F ~ NOl~fy 0~ F{Ofl~i ~ ~M~!
Of Fort Pierce_ ` - ~ d~ . _ 1~ ~il0w r~~ ~ 23.1969 .
1~ ~ U• rr . ~NIM 4 A~Mitr Hw l G.
~ P~.«, Florids ' _ _ ~ ';->a~=-~- ~ FILEO AN`D
~ECORDED-
r
~ _ - . ~ - ; ~ ~ ST. LUCIE COUNTY. FLA.
" : ~ RECORD VERlF ED ~
. _ t~ G .
f ~ ~
_ n~; ••......s ~ ~ ~ '61 JUl : f
4
, a 1 I P~I 2 9 ~
=-~:~:,,L~r,"'•"~~.. ~ 15'?'8s4 ~
_ kOG~.R i'OITR~S ;
CLERK CIRCUIT COUERT
BOOK 16~ PACE ~~,0 ~ \ ~ ~ ; ~~r.~ '
t. F~ '
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~x`~ '^'~w. .-~~j" rt'.: _ ' -
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