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HomeMy WebLinkAbout1381 , j' ~ ' ~ .t ! ~i To plaa u+d oontfn~o~sly kMp on th~ bvtldf~ now a h~rNfta Ww~» on ~aW I~nd snd on all pulpmNn and pasa?+Ily oow~~d by this n+orq~ p~. with aN pnmivms tM?~a? pa~d in fvll, t~n imur~nu in tM usual s~u~dwd poticy form, in ~ wm ~pprowd by tM MORTGACsEE, and wind~rorm insur~nct in tM uswl q~ndard policy fan~, in • ~um ~pprowd by tM MORTGAGEE, in wch company w caopuaes u tl» MORTGAGEE m~y directl and all i'N~ and wind~wrm inwwna policih on any of aid buildinpt~, ~ny iotKat ~Mrein w p~N therwi, in tlr ay~re9at~ wm ~fons~id a In ~c~u ther~of, sh~ll oonain tM uw+l s~andud mwtyap~a d~us~ a such otha dav~ +s tha MatQap~e may rpuu~. makinp tM loss u~ said poti~ ci~s, t~ch ~nd ~wry. p~Yabt~ b wid MOR?GAGFE as in inter~st rtwy ~pp~u. and e~ch a~d ~very c~ch poliq sMll b~ pranptly ass:pned snd dtllver~d ~o any held by s+id MORTGAGEE ~s fwtlw ~ecwitr ro s+id maty~ d~W, aod, not less th~n t~n (10) days in ~dvance of ths ~xpiraY~a+ of ~ach policy. ro da liwr ro said MORTGAGEE ~ r~ewsl therwf, wp~tha with • nc~~pt fa tM phmium o} wch r~newalt u+d ther~ ah+ll b~ ~+o fus w windstam i~wanc~ plscvd on ~ny of aid bulld'uys, ~ny G?tK~st thentn w part tlNroof, unlNS te tM form and with tM bss p+y~bl~ at ~ton~aidr +~d in tl+~ ~wnt any ~wn of nwn~y beconw~ payaW~ v~ wch polky a polici~s said MORTGAGEE shall haw tM option ro receive +nd ~pply th~ sHn~ on account of tM indeb~ed~ reu sscu~ed Ir+eby w b pKmit s+id MORiGAGORS to rao~iw u+d us~ N or sny put thtreof fot other purposes. wi~hout the~eby waivi~x~ a~mpain ing any puity, lisn a~i9ht w+der w by virtw of tl+is mortpayr, and ie tlw ~vent ~aid MORTGAGORS shall fa sny nason bil to keep ths wid p~~mises so insured. w f~il w dsliwr promptly s~~y of said policiea of i~wanc~ to aaW MOR~GACEE, or fait promptly ro pay tutly any premivm tM.e(w o~ in ~u+y respecf fail ro paform, discharpe, exscute, ~ff~cr, oompttt~, oomply witA and ~bid~ by this cove~snt, a any part hawf, said MORTGAGEE m~y plsn ~nd Pay (a wd+ imwanu or any put th~nof without waivinp or aff~ctin0 +^Y oPf'wn. ~i~n. ~4uity, or rigM v~le~ or by virtw of thb Mort~. and the full anwvnt of each and ~wry such payment th+ll b~ iernediat~ly dw and p~yabl~ uid sMll beu interest 6om th~ dat~ therwf until paid ~t th~ rab ol ~ n~ne pe? ca~tum par ~nnum u~d tog~the~ with wch interest th~ll b~ secwed by th~ fian of this mott~pe. i 7o pKmit, qoenmit w wffer no wsste, irnp+ument a~ detKiaation of ~aid propaty or a+y p+.t thereof. 5. To pay sl) and sir~pvlar the costs, ch+~s ~nd expMS~s, i~?cludinp ~ n~wn+ble ~ttomey s fee and co~ri of abitncls of title, incurr~d w p+id at a any time by said MORTGAGEE, b~cwse w in the tvent of tht failur~ oa tlw p+A of 1M s~id MORTGAGOR 1o duly, promptly and fully perfonn, diuhuy~, execute, effect, oompkts, comply with and ~bide by ~ach ud ewry tM stipulatiau, preeme~n, conditions, and oove~~b of said promiuory nols and this mortgage any w ei~her. and ssid cost~ cMryes and expenks, ~sch and ~very. ~MII b~ imm~diately due ud psy+ble: wherhe~ w not thae be rarice de mand, atrempt ro colkct a~ svil p~ndr?gr +ed tM fvll amount of ~xh ~nd wery wch paymeot aMtl bew inte?~st fran tAe date th~reof ~mNl p~ld N the raie of nine pe~ centum per uvwm; ae~d all said costt, chuqss and exp~nses inwrnd or p~id, topether w~th wch interest, sh+ll t» s~w~ed by tM li~n of tha mwtpay~, f b. ?hat (a) in the event of any breach of this Mortyap~ w cl~f~ult on Nr part of the AhORTGAGOR, or (b) in tM ~vent any of said sums of mawy { herein refe~red to be not promptly and f~lly paid within thirty (30) days next afte~ the sarn~ s~vaally becom~ due and p~ysbk, witho~t d~mand or notict. or in the event each and every the atipuktions, sgreements, conditions and cownants of said promisaory note a+d this mort~ape ~ny o~ e~ther u~ no1 iuly, promptly and fully paformad, d~schar~ed, ~xecuted. ~ffact~d, compl~hd, complied with ~nd abided by, th~n (n ~itha ot aoy such ~r~nt 1M s+id ap~ gregaN wm menYaned in said promiuory nob Ihgn r~maininy unp~id, with intarest acuved, and all moneys ~ecwed hereby, shall beooni~ dut ~nd p~y- able focthwith, w thereafter,.at tM optan of said MORTGAGEE, u fully ~nd compktely a~ if all of tl+e said w~ns of nan~y were a'g'uNlly stipulated ro be paid on such day, anythinp in said pranissory note or tn this Mort~sy~ ro the contr~ry notwithstandirq; ~nd thawpon a thereaft~r st ths op~an of sa~d MORTGAGEE, witF?out notKe or dnmand, ~uit at law or in puity, thereton or N+~r~afr~r bpuni, may b~ prosecuted ~s if ~II morKya s~cund hereby had mahxed prar to in institvtion. 7. That in the event that ~t the begirwirg of or ~t any tims p~nJinp any wit upoe+ tha Mwtyage, w to foncloa~ k, w to refwm tt, w to enforp payment of any daims hereurd~r, said MORTGAGEE shall apply to th~ Coun Mving jwisdrction thereof for tM appointment of ~ Receiver, avch Covrt shall Fonhwith appoint a receiwr of said mortgaged prop~ty ~U ~nd sirgular, IrKludmp all ~nd singular tM income, profits, issues ~nd rewnues from whatevef so~~ce derived, each and every of which, it beieg ~xpreuly underitood, is her~by mortgaged a if specificalty tet forth u~d described in th~ 9rantinq and habendum clauses hereof, ~nd such Receive? sMll Mw ~II the brwd and effective fvncr~ons and powers in anywise entr~sted by ~ Court ty ~ Rsceivtr, and such appointment shall be made by wch Cawt ss an admitted eq~ity and a matter of absdute rght ro taid MORTGAGEE, and witlwut refereoce w tF» adequacy or inadeqwcy of the valvs of the property matpa~~d w to tM solvency w in~ol~erKy o/ ~aid 1NORTGAGOR o~ tl+~ defendants, ~nd that wch re~rs, profin, income, issves and rtvenws shsll be ~pplied by such Reuiver aawdup to ths lie~ o? ~qvity of said MORTGAGEE aed tM practia of wch Court. 8. To duly, promptly and fulh p~rfo.m, discMrye, ex~cwe, eHect, comptet~, comply with and abids by tath and every th~ stipubtions, aprsem~nta, ~ cond~tions and coven~nts in said promissory oote ud this mwtpsp~ set fwth. ' . 9. Thaf in the eYent fhe ownenhip of the mortyapd premises, or ariy part Niereof, lxcomes veshd In a person otF~ than th~ Al10RTGAGOR, fM h10RTGAGEE, its succeuors and ~ssipea, may, without notrce to the MORTGAOR, deal with such wcceuw or succ~ssw in inte~est with referu~ce to fhis j mortga~se and the debt hereby secured in ths same ma~ as with Mortgspw without in any wsy vitiatirg or discharginp fhe Mortyapwt' I(~bility kera under w upon the debt hereby secured. No Nk of ths pr~mises hereby maty~ged ar+d ~?o fabearance on the part of th~ MORTGAGEE or iri waessors or assigns and ra exeensan of the time for the payment of the debt hereby secwed given by the MORTGAGEE w its succeuors or assi9nt„ aMll operate ro release, discMr9e, modifp change or affect tha oriqinil lisbility of she MORTGAGOR hertiry either in whde u in part. 10. It is specificatly agreed thst tune is of ths essence of this eontr~ct and that ra waiver of ~m obligafan hereunder or of tM oblipation se- cvred hereby shall at ~ny time thereafter be held to be a waiver of ths t~rms herwf o~ of the instrument secvred herby. 11. In add'Aion to the forego:ng monthly psyments of print:pal and interest required by tlK pranissory nore setured hereby, mortgagor tovenanh ~ and agrees to pay ro mortgagee wit6 each monthly payment sn additional sum estim~ted by mortgsgee to ~e equal to 1/12 of the annwl cost of the fdlow- , in~: A-All real property taxes kvied w sssessed against the above described real esqte. B-Preniums on firc and windstorm i~uvnnce as herein requ:red to be urried on the improvemenn sitvate on the above d~suibed premises. C-Premiums on wch mortgage gwranty ins~rance as mwtgagee sh+ll from Nme to time deem fit to csny on the loan secured hereby. ~ Mwtgagee shall from time to time ratify mutgagor in writirg of the amount due and payable hereunder and such wm shsll thereupon be due snd Fayable on the due date of the ne:t moaMly payment snd each successive month thereafter until morfgsgee shall rafify mortgagor of a chan~e in such I aT,ount_ Such sums shall be applied by mortgagee fowsrd the payment of real property ta:es, iawrance prem:wns, and mortgage gwramy insurarxe E premiums. ~ IN WITNESS WHEREOF, the ssid MORTCAGOR has hereunto set his hand ud se~l the d~y eu fint _ ed in the prss~nc~ o~ 6 ~ al} ~4 STA7E OF FIORIDA ~ ~ courvrr oF S t_ Luc ie ~ Before me person~lly appsued Fran.klin A_ Harri s V ale ri e V. Harri s his w;ie, to me well known and knawn to me to be rhe individvab dexribed in and who ezccwed the forepoiny instruma~t, ~nd eckrawledped befwe me tMt they executed the same for the purposcs fherein expressed. /4~d ihs said Valerie v. Harris w~fe of the ~a~d Franklin A. Harris ~ , vPon • sepuate ~nd privaee exam~natan by me taken sepuate and aput kom her s+k! Fwsband, ~dcrwvvledped ro and betwe me that she exea?ted said iratrument freely snd volun- ° rar~ly snd without any compulsion, cautrsint, sppreFknsan~ feu of w irom her s~id Iwsband. ' i WITNE55 my h~nd and off'Kial sWl ~ 7 day of A. D. 19~_ ~ Notsry Pu in and fa the State of Florida at larp~ - ' My ion ~xpires: Retum Ta. Fint F~den1 Savinpa 3 Loan Attociation , Of Fort P~erce. , ~tt:;t~rj, ~~a?a . ~~:~c;;c, Staic of Horida at luqe • ~3~1CI~ ,v . _ . . ~ V,.• . ~,,f ::4y Co~:.~„s:~;,n tExpi:es !lcq. 5, l~l . l.UClE G ~ , ~J;' : ~.-l _ v ' . _ sy ~t~ep ~ ~ ~ s~ RECORO VE IFIE _s`~r; :;.:Q. ~ J-, - ; ~ _ 158563 ~ ~ ~ ~ _ ~ . , ~ . '6T JUl PM 3 :~.q ;Y;~.,2`~Q~ - , • .•~E : : ~o r'( ~i~Z~~~~'L/~/v 'i ~fl~tf~~ jTt~`~~•`-~ it~G~R i'OITRAS CLERK CIRCUtT COUA'!~' ' ~ ~oo~~s~ ~ ~ _ _ _ F^ry _ ,v ; . _ ~ ;.s