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HomeMy WebLinkAbout0993 . ~ . ~ ~ rl E~1.,:.~ S. To plau and contiewously keep on tM buildings now a her~aftN ~iwat~ on said ~and ~nd on all puipn~nl and perwnally oovK~d by ttw morq- pw with all p«~+iums ~hKeon paid in fu14 fin inwnnc~ in ths uswl uendard po~icy form, ie • wm approved by tM MORTGAGEE, and wind~torm hwra~ M th~ wwl ~und~rd policy fam, in ~ sum app~oved by ~M MORTGAGEE, in wcA cornp~ny or compania ~s tM MORTGAGEE ~y dinctt ~nd dl fin ~+d wir~tonn ieswann polic~es on any of i~id btlildin~f ~ny iAt~t~ff tANtin O~ pYf fMtlOf, in Ihr ap~rp~q wm ~futsaid w In ~xasf theraof, ihall contain tM uswl itand~rd ma~ya~ ctavss w:uch alw~ dau~ ss tM Nb.tyape~ may rpvw~, maki~p tM bu wd~ said pdF ciq, ~ach and ~vsry. paYabl~ a aid MORTGAGEE a its interest m~y ~pp~sr. and each and ~vay i~ch poliq ahall b~ promp~ly aa:~ned and dslivered ~o a~y h~ld Ey iaid MORiGAGEE u further security ro said mortQay~ debt, and, not ku ~Mn t~n (10) days i~ ~dvancs of 1M e~epiratioe oi ~ach polity, to dr (hra 1o i+id MORTGAGEE a r~newal thertof, topatM~ wi~h a rateipt fot tAe p~anium?of t~cl~ renewa4 +~d th~?~ sF?+II b~ r+o fk~ o? windsto~m int~r~nc~ plaad on any of said buildinps, ~ny interest ther~in or pa~t therwf, un~eu Io ths form and with 1M bss p+y+bl~ ~s ~fa~saidj ~nd in tM ~v~nt any wm of mwwy become~ p~yaple ~nder such policy o~ polici~s s+id MOR'TGAGEE shall Mw th~ option ro ~ec~ive and ipply tM Nme on accow?t of tM ir~bted- n~u wcw~d hHeby w b pe~mit s~id MORTGAGORS ro rsteiw ~nd us~ if a any part thereof (a othcr purposes. wi~hout thereb~ waivhiy or impa'u- irg ~ny eq~iry, li~n a right under w by virtw of this mort~~ye; snd i~ tM eve~t a~~d lNORTGAGORS shall fa ~ny rsason tail to keep the said pnmises so iru~~ed, w fail 1o delive~ promptly any of said pol'K~es of insurancs to said MORTGAGEE, w fail promptly to pay fully any premium therefw or in any r~spsct f~il b pKfor~, dixharge, execute, effect, canpkts, comply with and abide py this covenant, w sny pat Aerwf, said MORTGAGEE m~y p1~os and p~Y fa wch ~suranc~ w ~ny part tMreof without w~ivirg or ~ffedirq any option, lien. puity, o~ r~yht ~nde? w by virtw of this Mat9ape. srn! the ~ full amount of each ~nd ~wry such payment shall bs immediat~ly dw u+d p+yabl~ and shall bea~ interest from th~ d~te thereof witil p+id at th~ rat~ of ; nirw p~? pntum pa anrwm and together with suth intaest sh~ll b~ secvrod by the (i~n of tl~is mort~t. ~ 1. To permit, oanmit a wffar no wut~, imp~'umer?t or deterioration of ssid p~op~rty w any part thereof. ~ 5. To pay all u~d sinpula~ tM cost~, charget ~nd expense~, includirg a reasonable ~ttorneY's fe~ snd costs of ahstwcts of titl~, incu?red w paid N any time by ssid MORTGAGEE, beause a in tM ~vent of the failwe on the pah of tM said MORTGAGOR w duly, prompdy and fvlly pKfwm, d~schar~ ~ execute, effect, complcte, comply with and ab~de by e+ch ~nd every the stipulatio~s, ag~ee~xnn, conditi«u. and oovtnanb of said promissory note ~nd this _ ~ mat9ape any w e~~har: ~nd ~aid costs chuges snd expa?ses, each and every. slwll b~ immed~ately due and p+yable: whether o~ oot there b~ r,otic~ da m~nd, sttempt to colkct or wit pendirg: snd tM full amount of each and every wch payment sha11 bea? interest from 1he d~t~ thsreoi vntil p~id ~t the rate of nine per centum per anwmj u+d all said costs. charges and expenses incwr~d or paid, togethsr w~th such inte?~s~, shall b~ s~cured by 1M lia+ of thif ; ' ~ 6. That (a) in ths event of sny breach of this Matg~pe or default on ths part of the MORT6AGOR, or (b) in the went ~ny of w~d wms of nwoey herein referred to be not prompty and fuly paid within thirty (30) days next afte? the iame uverally become due +nd p~Yable. without demand or notite, w(c) i~ tl+e ew~t exh ard every the stipulationa, ~grcements, conditions and oovensnn o( s~~d promisso?y note and tha morty~ye ~ny w either are nol iuly. promptly snd fully perfained, d~scl+arped. executed, effected. completed, complied with and abided by, then in ~ither or any Krch event ~h~ said a~ pregste wm mentioixd in said promissory note then rsmaininp vnpaid. with interest uuued, and all moneyf seturctl hereby. sMll become dw and p~y~ abte (wthwith, or tFKreafta, ~t ~he optia?~ of said MORTGAGEE, u fully and completeiy ~s i( all of the said wms of money were orginally stipul~ted to be pacd a+ such daY, anything in sa:d promissory oote w io this Mort9age to the contr~ry notwithstandinp: and thereupon or thereahsr at ~he option of uid MORTGAGEE, without ~otice or dem~nd, suit at law or in p~ity, therefwe a thereafeer beyun, may be proaecuted u if all ma~eys s~cund hereby } had mitured prior to its imtitution. 7. That in the eveet that ~t the begiru~ing of or st any time pendiny any wit upon this Mortyage, or to forecloa~ it, w to reform it, w to mr?forc~ ! payment of any claims hereunder, said MORTGAGEE shsll ~pply to the Court having jwisdiction thereof Eor the appoentment of ~ Receiver, wch Co~?rt shall , falhwith appoint s receiver of said mortgsged property all and iingvia~, includug all snd iugvlar tM income, p~ofits,. iswes and ~even~es from whatever ` tourte derived, each and every of which, it bei~g expressly ~r~derstood, is hereby matgsged as if spec;ficatly set fwth and described in the ~~antir+p and l hsbendum clauses 1?ereof, snd svch Receiver shall Mve all the brosd snd effective funda~u :nd ~retn in snywise entrwted by + Court to a Receiver, and such appointmem sha11 be made by wch Cowt ~i an sdmined equity and a m~ner of ~bsolute rght ro said N10RiGAGEE, ar~d without reference to tM adeq~aty w inadequacy of the value of the property mortgaged or to 1he wnrency o? insolvency of ~id ARORTGAGOR or the defendants, and that such rents, profits, income, iuues and revenues ahall be spplied by svch Receiver accordi~+p to ths lien or equiry of said MORTGAGEE and the prattice of such Courf. 8. To duly, promptly and fully perform, distharge, execute, effecf, compkte, comply with and ~bids by each and every tM stipu4lioos, agreements, conditioos and covenants in said promiuory note and this mortgage set forth. ~ 9. That in the event the ownenhip of the mortgsged p?emises, a sriy part thereof, becomes vested in a perwn other ths~ the MORTGAGOR, tM MORTGAGEE, iri successors and auigns, may, without ratite to the MORTGAOR, deal with such s~tteup ot suttessw i~ interest with referente fo this mor~spe and the deb~ hereby secured in the same manner ss with Mortgagw without in ~ny way vitiaYmg or disch+rging the Mat9agors' liabiliry hero- under a upon the debt hereby secured. No ssk of the premixs hereby mortgaged and no fwbearanoe on 1M pa~t of the MORTGAGEE a iri suaesson w euigns snd no eateniwn of the time for the paymem of the debt hereby secured given by the MORTGAGEE w ib successors w sssigns, shall operat~ ro releast discharge, modify changs or affect the uiyinal liab~lity of the MORTGAGOR herein, sither in who:e or in p~n. 10. It is spediicatly agreed that time is of the esserxe of this ca+trsct and th~t i+o wsiver of aMr obligation hereunder or of the obliq+tion ss- dxed hereby sMll at any time thercafter be heW to be a waiver of the tetms l~ereoi w of the instrurneot secured herby. 11. In add~tiai to the forego:ng monthly payments of princ:pal and interest tequired by the promissory note secured hereby, mortgagor tover~anb ' and agrees to pay to mortgagee with each monthly paymeM a~ sdd~rional sum estimated by mortgagee to be equal to 1/12 of the annual cost of tM follow- ~ irg: ` A-All real property taxes kvied w auessed against the above described real estate. 8-Premiums on fire and windstwm insurance as herein requ~red to be wrried on the improveme:?ts situate on the above dewibed prerrines. C-Premiums on such mortgage gwranfy insurance as matgagee shsll from t~me to time deem fit fo prry on fhe loan secured hereby. ' Mwtgagee shall from time to time notify mortgagor in writing of the amoum due and payabk he~eunder and suth wm shall thereupon be due and payable on tF~e due date of the next monthly payment and exh successive mon?h thereafter ur.til mortgagee shall notify mor*gagor of s change in such amo~~t. Such sums shall be applied by mwtgagee toward the payment of real property taxes, inwrance prem:ums, and mortgage gua~anry inwrance ~ premiums. ~ IN WITNESS WHEREOF, the said RTGAGOR has hereunto set his hand snd seal the day eu first aforesaid. E . ned, aled and liver~~esence of: ~ . ~ I ' ~ ~ i` i (5.a~ ATE OF FLORIDA counmr oF St . Lucie ~ u' Befwe me personaliy appearcd James D. Kelle Grace V. ~@ ey his wife, to me well known snd krwwn to me to bs the individwb described in and who executed the fore9oi instrument and acknowted~ed before me that they executed the same fw the p~rposes ~~,QM e,~.~. „„d t~ ~race ~V. Kelle wife ~ ~.~a James D. Ke ey - , ,~..,t, .~a P,;~,n. exsminatan by me taken separate and apsrt from her seid h~, sdu~owledged to ~nd beforo me that she executed said instrume~t heely snd volun- tuily and without any compubion, constraint, apprehe+~si6n, u of or from her ~+id husb~nd. WITNESS my hsrd and official seal rh:. o2d d~y ~ .1U1~? A. D. 19 67 0~. .l.~V Notsry Public in and for the ~at of f{orid~ ~t larye My Wrtwnissiw? ~xpirss: ///Ci~~ Retum Ta ~'~O~i(~ Ptl~ic, J~ ~Otldi it firsf Fader+l Savings 3 Loan Associ+tioo Of Fort Pierta ~ ~~ISf10P E±~,~('.~}~~~;j?y9 FILEO AND RECOROED ~°'a' ~.~~A;`~~;T9~+`i.,~ Forf Pierce, florida • .i~~~i ST. LUCIE COUNTY. FLA:' ~ ~ - . RECORD VERIFIEO . F ~ - '-'sf ~a~ ~j1'~ ~4 `'•:N-- .._y - . • , _ 1 ~ , _ r• '6T 0 PN 3 : 2 ~ - , ~ . ~.L~Z p:~' ~ _ ~ . . : ? 1 . ' ' ''~~~fi. ~J'••; ~ J~l... . =~o~_-? -~o~'.R~S a ` CLERK CIRCUIT COURT . L, ~ " a~167 ~ 99~3 ~ ~ , % rr . - " _ _ _ _•yy_ _ - ~i'.~' -~.i . _ ~Y ?~..~^~~y~ _ 4F';. =?,4-.~