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HomeMy WebLinkAbout1123 6 ~ . To plaa and aont4Kwusy kNp on tl+~ butldinps iaw a MnaN~r ~itu~h on atd (wd ~nd on dl puyxn~nt u~d p~no~ally oowr~d by this na~q~ W~, with all pta+.:wna tMnon p~id to f~ll, fln intu~ana in tM uswl ~t~ndKd P~k11 fan4 in.~ ~Wn approwd~MORT'MGE~TG/1GEE n~i~y lniwana in ~M uwal aandard policy fan?, h• wm approv~d by ~M NfORTCsAGEE, in wd~ comp+~Y d~r~ctJ «+d all flr~ snd wind~wrm kawa~u polkiN on +oY of ~aid buiWinp~„ ~ny inh~at tM«in a part thKwf, in HN apy~pN~ w~ af«e~fd a in ~xcNS tiwrwf, shall aoet~in the uswl st~ndwd mortp+yM clauw a such aMr tlaw~ tM Mpr~9+pN m+Y rpuin. makGg ~M Iws u~Kbr ~+id pd~ ct~. ~ach aod ~wrY. P+Y+bM 1o Nid MORTGAGEE ~s its inqr~sl n?~y app~al, and ~ad~ and ~v~?Y s~ch policy ~MII b~ pramptly au:pned ~nd d~livK~d w ~ny held by aid MORTGAGEE a fwti+K ~cwitp to s~W morty+p~ dsW. aod. nw I~s~ tMn bn (10) days 1n ad+~ano~ of th~ ~xpiration of ~+ch polky. to~ d~ liwr to wk! MORTGAGEE • ren~wal tl~wf~ topahK with a na~pt fo? tM pn~dwn oi wch r~wals ~nd ~i~~ ahall b~ no fa~ a winditam i~uwana pl~ad on a+y of said buildirqs, afly 111tHM1 fI1M~~11 Ot Piff 1IN~~OI, unbss In ~h~ fam and wi~h tM loss par~bl~ u afonsafd~ u~d M tM ~wnt aqr wm of moMy b~can~s paYabl~ unda wch polfh? w policia w~d MORTGAGEE ahall•h~w throption fo «uiw ~nd ~pply t!a sam~ o~ +ccow+l oi tM indebted~ ~eis wtund Mt~by w~o p~tmi~ s+W MORTGJ?GORS ro ~ac.iw and w. h a any pan thereof fw o~her pwpwes, wi~hour ~haeb~ waivinp a imps'a• iry any puity, li~n a ripht wKlx a by vtrtw of thh matq+p~j +nd tn tM ~wnt s+id MORTGAGORS ~hall fa .~.y reawn fail to ke~p tM said pnmisa w insured, o? f~il 1o deliwr prompty ~y of wid policies of imw~nu ro saW MORTGAGEE. o~ i~il promptly to pay fvlly any pnmiwn thenfw a In any .espact bil w p~rfonn, d'ischup~. u~ecub. ~ffact. aon+P~~~. ~+P~Y with ~nd abid~ by thU ooweant, or aey pan Mnof, aid MORT~3AGEE nNy plaa ud pav fo~ such t~auru~p o~ aMr put tMnof without wahrinp a~ff~ctkg any option. U~n, pvity. a ripht undN a by virn~ of this Morq+y+~. +nd tht fut{ smovo~ of t+ch ~nd ~wry wd~ payrt»m sMll be imr~di+bly du~ and paysbl~ aed ~MII bea~ interest from tM daN thereof w?til p~W ~t tt+~ wt~ d . nine pK centum p~r aiuwm ~nd topethsr with such interat th+ll b~ secvr~d by tM li~n of thb mortpa~.', . i 4. To pNmit, ca~rnit or wH~r oo wast~. Imt~im~tOt Of ~iHi0q1i0f1 Of f~id ptOpHfy Of ~ny p~tt .tMf~Of. S. To p+y all aid ~inpulw the ooan. cMrpes and exp~ra~s„ includinp a nason+bb atwrMY i fee ~nd cosn of ~h~cts o( titl~, inwrc~d or p~id. ad _ any tNne by said MORTGAGEE, b~uus~ « in th~ ~w~+t of tM failw~ on tM pwt of tM wid MORTGAGOR to duh?, pra+~pth? ~d fvlly pKform, dwcharp~i exec~te. ~ffect, oomplea. comply wirh and ~bid~ bp ~ach ard ~wry tM stipubtions, pre~ments, cooditia?s, u~d aown+~b of ~aid praniuoty noh and thit morey~pe anjr w either. snd s+id cwts, dw+yes and ~xPs~fe~. tacA: a~d w~Y. th+I) b~ irnn~edistely d~re and payabbr wheth~r a ~01 tMre b~ rwtiu dr mend, anempt to oolbcr or wH paedinp~ and tM full smou~a of e~ch apd waY wch WYment iAall bear innrn~ fran ~M daM tl~eof vndl p~id ~t IFN ra~e of nins p~r centum per amwm; u~d ~II aid cosri. cMrpes and exp~nssa incwnd w paid toyethsr with wth G~ter~at, sMU b~ ucund by tM li~n of thd mortp~pe. - . b, ihat M the ewnt of any br~ach of this Mwty+p~ or d~favlt oe Nr psrt of tM MORTGAGOR, w(b) in tM ~wet a?y of a~d wms of mon~y herein referced to be not promptly snd fully paid withi~ thirty (~0) days oext afte? Ifn ~em~ sevenlly baan~ dw ~nd P+yabb. wilho~rt dem~nd or notit~. or (c) in th~ ~vem eath and twry tM stiputatiom. a~ra~rntnts, conditans and oown~nn of said promiswry not~ and this mort9ap~ any or ~itMr ~?e nol iu1y, womPtly and futly p~rform~d, d~sch~~yed. ~xewted. ~ffact~d. comPlet~d. con+P~i~d with and abid~d by. ~Mn in ~itha w ~ny such ~wnt tM s~id ap~ gregste wm mentia~ed in ssid promisswy note then r~maininy w~paid, with interest acuwd, and all moMys stcvred Mrtby, sh+ll beaonw dw ud paY able forthwith, a tMre+fta, at tM option of said MORTGAGEE, ~s fully ~nd compl~tely u if dl of ths said wms of nw~y were apinally stipulated ro be paid on sud+ daY. ~nythirg in said promisswy eote or tn this Mortpape to tM contrary notwitMtandinps and the~eupon a thereaft~r at tM option of se~d MORTGAGEE. witt~ovt noY~oe or dsm~nd, wif at law or in pvity, ther~fon or tF~eaflK be~un, m~Y be protecuted u if all ma~ty~ Ncund henby had matwed prior fo its i~tihrtion. ~ . 7. Th~t in tM ~vent thsf at tl+e beginnin~ of w ~t anr tirM perd'a~p any wit ~ thi~ Mortyap~. a to foreclos~ It, w to roform H. o? to enfo?q paymcnt of any daims herew+der, said MORTGAGEE shall apply to tht Co~A havirg jwisdicYqn therwf fw tM appo7Mment of ~ R~teive~, wch Cowt sh+ll forthwith appoint s receiver of sa' mwtpayed prop~rfy sll and sugular, Intludug all and iinQulu tM inoortw, p~ofin. Fsiws and r~venuss fran whst~v~? source derived, each ~nd evsry o~whKh, it beinp ~xpreuly undKitood, b hereby monyaged as if specifiully set forth and desoibsd h ths pr~ntinp N+d habendum dauses hereof, uid sud+ Reuiver shall Mw ~11 the broad ~nd effectiw functans and powas in snywi~ ent~usted by a Co~~t t9 a Raceivu, ~nd ~ such appointment shsll be made by wch Cant u sn admitted eqvny ~nd ~ rrwtter of sbsolut~ riphl to said lNORTGAGEE. and without rsfennu fo th~ s edequacy or insdequxy of the wlve of the p?operty morlps~ed w to the sohsncy o? insolvency of said MORiGAGOR o~ the defendann, and that svch : re~rs. profin, income, iuues and revenues shall b~ applied by such Receiver +aord'u+p to tM lien ot puity of wid NIORTGA('sEE and th~ practice of such ~ Co~rt. ~ 8. To duly. pranptly ~nd fully perform, discha?y~. ~xecut~, effect, complete, tomply with ~nd abid~ by sacfi and twry tlr stipulatiora„ syr~artitnri. conditio~s and coven+nn in said promisso~y note and this morty+~ Kt forth. ' 9. TMt in ths ~vent tM ow~ership of the morly~ped pranises, w anY pa~t thereof, • becomes vested in a perw~ othe? th~n th~ MORTGAGOR, th~ MOR7GAGEE. its wcceuors and assip~n, msy. without notice to the AM1ORTGIIOR, deal with wch successor a waesw~ in interest with refa~nce to this mwtgsgs snd the debt hercby sec~red in ths same maMer as with Mortgagor without in ~ny way vitiateg or discharyin~ the Mort9aQors' (iability herr under or upon the debt hereby sstvred. No s~le of the premises hereby mortgayed ~nd no fwbear~~a on tM put of tM MORTGAGEE or its wottsson or assgm and no extension of the Yune fw the p~yment of the debt hereby secured pivan by the MORTGAGEE or its wccesson or assigru, ~h+N op~rat~ to release, dixluryt, modify th~nge a affect the oriyinal li~biliry of the MORTGAGOR htnin, either in whole w M put. 10. It is specifically ~greed that time is of the esunce of this contwct and tl»t no wsiver of any obliy~tion hereunder or of tM oblipstion sa cured hercby shalt at ~ny tim~ thereafter be held to be a w~iver of th~ i~rms hereof a of the instrument secur~d herby. 11. In add~iwn ro the fwego:ng monthly psymenb of prirrc:psl s~d interest required by the promissory note secured hereby, mortgsgor c~av~nants ' and agrees to pay to mortgagee with each monthly payment sn additio~al sum estimated by mortgagee to be eqwl b 1/12 of the annual cost of she fallow- ing: - - A-All real property ta:es levied a assessed ayainst the +bove described resl e~tale. ~ B-Premiums on fire and windstorm insvrance as herein requ'ued to be u?iied on the irt~.?rovemenb s~twte on the ~bove dewibed premises. C-Premiums on such mwtgage gwranty inw?ance ss matg+gee sF»II from time to time deem fit to urry on the bsn secured hereby. ` Matgsgee shall from time to time notify mortgsgor in writing of tM amount due and payaWe hereundei ~nd such wm shall tMereupo~ be due and payable on the due dafe of the next monthly payment and each successive month tlxre~fter uNil matqagee shall notify mutsagw of a charge in such I~ amount. S~ch swes thall be applied by morigsgee toward the paymeM of real property taxes, inwrance prem:vms. and mortgape pwranty inwwnca ' ! premiums. ~ IN W17NE55 WHEREOF, the said MORTGAGOR hss herwnto set his h~nd ad sesl the day ud yeu fint afores~id. ` Siyn Sesled an eliw in tht pres~nt~ ofi , ~ ~liV q ~ _ ~ rc..q STATE OF fIORIDA ~ Lucie courm oF St. Befors ms pKwnslly app~ued Wonzie Walker Mary L. Walker his wire, ro n,. wen w,own .na wwwn +o me tu b. the indiridwls desuibd in ~nd who txecvted the fa~g hstrum~M, arw! acknowkdped beforo n» that tt~ey executed tl+e same fw the p~rpwes rherein expreued. Md the wi~ MaY31 L. W~k@r - ~ ; Wonzis Walker , ,,,d P,~,,,~. S wife of ths s+id ~ ~Pa~ ~P+~ f examin~tion by ms tsken sep~rate and apnt from her s~id husb~nd. ~ckiawladged to and befor~ m~ th+t sM executed said irotrument fr~ely and vohro- i ra~ily and withovt uiy campulsion, coratraint, apprehension, or fea of or from her sald Fw~band. July A D. 19 67 ~ wITNESS mr h~na a+a o~ffici.~ .e.~ this ~ s~-l~_ d~r ~ ` ti~.`,~ ~ _ ~L•? - tio~.r~? P~,blic a~ .nd tor th. St.r. ot Florid. d tup. MY Co~m~a+ion expires: Return Ta. y~.~~r . Fint Federal S~vxgs a losn As~oclation ~'Z " ~'~OlM~ Stit! Of F{OrM~i n(~ Of Fort Pierce. ~ ~ :'~t Ce~sio~ E~p;ra Seq, Z3. 1469 ~ Fort Pierc., Fbrida ~ T;' ~ ' h, ~?.ni~. a C+w~M e.. ~ • .r RECORDED " FILEO ANO U - ST. LUCIE COUNTY. FLA. : r-. •x'~-: , _ ~ RECOR~J VERIFIED ~ ~ ~ . ~a : - ~ 15838`7 r~.~~~~~•. r~.o _ : ..y ~ _ •,.,`i,;;:..:.. : q AM 10 : 1 q . f '67 JUL ~''~J~~:. ~ . C7Y%~ ~ .uua~»•~` . ~iOGER ?OITR~?S g~K~67 PACf~~ - CIERK CIRCUIT COURT ~ ~ _ . ~ ~ ~ /4.' a . : _ - ~ ~~~w~~.':H "+V3 ~ ~ Y