HomeMy WebLinkAbout2381 To plac~ and contin~ouily kcep on ~ha buitdi~gs now a Mre~ftK ~tuat~ on aaid land scd on ~II equip~nt ~nd pKwe+~N to~a~d b1l ~^a'q'
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~ge, with ~I) premi~ms thaeon p~id in full, tire ins~ra~ce in ths ususl iurdard polky form. in ~ tum approwd bY tM MORTGAGEE, a~d w tam
iniuranc~ in tM uswl ~undard pol~cy fam, in a sum approved by tM 1MORTGAGEE, in such canps~+Y or oanP+Ma +s tM MORIGA(iEE nN1?
direU; u?d ~II ~ir~ ~nd windstorm insurance poi~c~es on any of said bvildinps, ~ny tnMnst t1+Ktin w part th~?eof, in th~ ~rp+~~ sw~ afa~said w
~n exc~ss therw/, ~tl contain the usual standsrd mor~gagee clause w s~ch o~Mr clavs~ ~s tM Matp~M may nquin. m+kinp th~ loss w~ s+id pd}
c~e~, esch ~nd ~verY. p~Yabl~ 1o iaid MORTGAGEE as its imere+t may ~ppea~, snd s~ach +nd ~vKY s~ch Pclicy ahall b~ p?omptly ~ss:yn~d and d~liwt~d ro
any held by s+id MORTGAGEE as further security to said matgags debt, aod, oot Isss than te++ (10) days in advanu of th~ ~xpiratwn of ~acl+ policy, ro d~
I~ver to ~aid MORTGAGEE a renewal thereof, togethx with a rece~pt tor the pren+iwn of :uch n~ewalj and tMr~ sh~l! b~ no fi?~ or winditorm inwranc~
~lacc~d on any of said buildirgs, any interes~ therein or part thereof, unless in the form ~nd with thi loss p+~nbl~ ~s +fons+ids u~d in tM ~venf ~^Y tue^
of money becomes pay+bk vnda such polity a policies said MORTGAGEE sMtl Mw Ih~ option to repiv~ and ~pply IM s~m~ on +cca+M of the ind~bt~d-
ness secured haeby a ro permit said MORTGAGORS to reteive and use it p any part thereof for othei purposq, without thereby waivin~ w imp+ia
ing any puiry. lien a right unde~ o~ by virtw of this mo:s9ape: a~ in the ~vent aid MORTGAGORS sh+ll fw ~ny rssson fsil to k~ep tM s+id pnn?is~s so
~ns~red, or fail to deliver promptly any of said policies of insurarxe to sa'~d MORTGAGEE, or f~il promptly M pay fully ~nY pr~miwn tl+K~fa a in any
respect fail a p~rfam, d~xhuge, execute, ~ffect, complete, comply with and abids by this coven~N, or +eY Wn Mnoi• ~+id MORTGAGEE n?~y platt a~+d
pay fa suth inwrance or u~y part thereof without waivinp a affectlnp a~y option, lien, pvity. or ripM und~~ or by virtu~ of thit Mottpap~. ~nd fM
f~ll amovnt of sath ~nd ~very wch paymem shall be immediatey dw u+d payabt~ and shall beu interest from tM dat~ thenof unril pak! ~t tM ~at~ ol
nint per untun+ psr ann~m and to~ether with such interest shali be secured by tM IiM of thia mortpap~.
4. To permit, commit a wffa no waste, impsirment or deterioration of said property or any parl tMrwf.
5. To pay all snd ungulu the costs, charges ~nd expenies, includirg s rcsso~abk ~nwney's fe~ and oost~ of ~!»hacts of titl~, incvrr~d or paW ~t
eny time by said MORTGAGfE, because a in the event of the fs~lure on the part of tl+~ sak! MORTGAGOR 1o duly, prompty and fvlly pKforen. di~cMr94
execute, et(ect, tomplete, comply with and ab:de by each and every the stipul+tions, sgreem~~ts. cond~~ans. +nd oown+^n of u~d promiswry noh .nd ~hu ~
morrgage ~ny w athe?. and said costt, charges and expenses, each and every. shall b~ immedia~ely dw and p~y~bl~i wMth~r ot not tMr~ b~ notip d?
mand, attempt to colkct w wit pe~d~~g; and the full amo~rM of each and wery s~rch paymem sh~lt bear int~st fran tM d~t~ tMreof w~tll p~W ~f tM
rn~e oi nins pe~ centum per smium; and all said msrs, charges and expense~ incwrad w paW, togNher with suth fntKNt, sMtl b~ sKUnd by tM ~iM Of thi~
mortyay~.
6, Thst (a) in tM event of any brcach of this Mwtgage w default on the part of the MORTGACsOR. w(b) in 1h~ ~w^t ~ny of t~W swm of mon~y
herein ~eferred to be not promptly and fully paid within th~rty (30) days next afte? the same severally b~ta+?~ dw ~nd P+Yable. withoW d«n~nd w nOfka.
or (c) in ths event each and every 1he stipulations, agreements, conditions and covensnb of said pranisswy not~ ~nd this mortpsq~ ~^y o~ ~ItMr ~h ^a :
~uty, promptly and fully perfwmed, d~scharged, executed, effected, completed, complied with a~d ~bided by, tlwn in ~ithat or any wd~ twM th~ s~1d i
gregate wm mtntiaxd in said promissory note then remainireg unpaid. with interest acu~ed. and sll moatys Mew~d. Mr~by. ~11 bKa~N dw' ~nd p~p i
able forthwith, or thereafter, st the optan of said MORTGAGEE, as tully a~d complelely ~s if ~II of ths s+id a~ma oi monty vwr~ aqlnally ~tipulat~d ~
to be paid on such day, anytAing in said promiuory note or in this Mortgage to the contrary notwitFutu~dinpj and tMr~upon or th~+~aA~r at tM opY~on of
seld MORTGAGEE, without notice w demand, suit at law or in equity, therdore or thereaftK be~un, may b~ p~oMCUt~d ~s 1f aU moeNll~ New~d hK~bY }
nao matured pnw to iri institution. ~
7. That i~ the event that at the beginning of or at any time pending any suit ~pon tfiis Mwtga~, or fo fw~clo~! N, o~ to nfonn N, or to MforC~
pryment of a~y daims htrevnder, said MORTGAGEE shatl apply to the Co~A hsving jurisdiction tF~erwf fo? tM appointmMf of ~ RKaivM, ~~th Court s11~11
Forrhwith appoint a receiver of sai~ mortgaged property all and s~ngular, includ~ng all and singular ih~ incom~, profits, (ssuN ~~d f~wnws from wMfwN
source derived, each and every of which, it being expressly understood, is hereby mortgaged +s if spetifiully Nt forlh and dewib~d M thi p~~ntinp ~nd
habendum clauses hereof, and such Receiver shall have all the brosd and effective functions and powers In anywi~ Mirust~d by ~ Coutt fp a R~ivN, ~nd
s~ch appointment shall be made by such Court as an admitted equity and a matter of sbsolute riyht fo s~id AhORTGAGEE, and without hfN~not fo MN
adequacy or inadequacy of the value of the property mor~gaged or to the solvency w insotvency of t~id MORTGAGOR a tM d~f~ndann, and that wth
renrs, profits, income, issues and revenues shall be applied by such Receiver according to the lien or puity of MM MOit1CsAGEE ~nd fh~ p?Kfip of wth
Caurt. •
8. To dvly, promptly and fully perform, discharge, execute, effect, complete, comply with ~nd abide by wch and ~wry t1N stiput~tions, aprNnNnt~. ;
conditions and covenanq in sa~d promissory ~ote and this mwtgage set fwth. ~
9_ That in the ever~t the owncrship of the mortgaged premius, or any parf thereof, betomes wst~d in a p~rson oNrr th~n 1h~ MORTGIIGOR. tM ~
MORTGAGEE, irs succeuon and auigns, msy, without notice to the MORTGAOR, deal with such sucuswr or N+aKwr w? iM~r~st with rtf~rMC~ to thb
moitgage and the debl hereby secured in the same manntK as with Mwtgagor without in any wsy viti~tirg b diKMrp'~+g tIN Mortpapon' Il~bf~~tY h~M ~
under w upon 1FK debt hereby secured. No sale oi the Fremises hereby mortgaged and no fabearane~ on tM p~rt of fh~ MORTGAGEE O? if~ sutpsso~f ~
ar assigns and no exte~sion of the time fw the payment of Ihe debt hereby secured 9iven by the MORTGAGEE or ifs svtasiors Or astip~M. opK+q E
to reiease, discharge, rtadify charge or affect the original liability of the MORTGAGOR herein, ~ithe~ in whole or In puf. 1
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10. It is specificatly agreed that time is of the esxnce of this corttract and thst no w~ivK of u+y obl'iy~tion Mr~w~der o? of fh~ oblip~ti0n N~
c~red hereby shall at any time thereafter be hetd to be a waiver of the terms hereof ot of the instrument secvr~d hKby.
11_ In addition to the forego:ng monthly payments of princ'pal and interest required by ihe promisso+y not~ setvred herebY. morfQ~gor ~owMM~
ard agrees to pay to mortgagee with each monthly payrnent an add~rional sum estimared by mortgsgee to b~ eqw) t0 1~12 of ths umwl tost of tlt~ follow-
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' A-All real property ta:es levied or assessed against the above desuibed real estate. ~
B-Premiums on fire and windstorm insurar.ce as herein requ~red to be carried on the improvemtnts situ~t~ on fh~ abov~ desu~b~d prNnisN. '
~ C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit ro cany on tM toui sKVr~d her~by.
k Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payable hereunder and ~uch wm sMll th~rwpon b~ di~ and
Fayable on the due date of the next moathly payment and each successive month thereafter until moHys~ee shsll notify mortg~or of ~ Chanpt In suth
~ a~.ounr. Such s~ms shall be applied by mortgagee toward the payment of real property tsxes, inwr~nce premiums, and morfp~pe pwranty inwr~nce .
p~emiums.
! IN WI7NES5 WHEREOF, the said MORTGAGOR has hereunto set his haAd and seal the day s r f ~forqaid.
Si n~ed a eliver in the presence of: ~ ~
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STATE OF FLORIDA ~
~ 1
CnUNTY OF St. LuCie
Befws me personally appeared `'Riehard Vickers and Torrv Mary Viekers. his wife,
~ankl in A_ H~ris and Valerie V. Harris . h;. W;f~, ~ m. wen ~+.~a ~ w ro b.
rhe individ~~b dewibed in and who exetuted the fwegarg instrumsnt, and ~ck~wwledged before m~ that they ~xetuted the s+m~ for tM pwpw~s
rFerein ex~.~,~a. a~a tr» ~~d Torr,v Marv Vickers. wife of the said Richard Vickers. and-
~,,,;f~ VA1 c~ri P j~, Aarri q,~ wi fg of thA QAi d FrAnk7 in A~ NArr~4,.~ a sep.?at~ ~nd pr~a»
exam~naYan by me taken separate and apart from her said husband, adcnowfedged ro and before me that she executed said imtrument fre~ly and volwr
rj.;ly and without ~ny tompulsion, tonstraint, apprehensan']~ fesr of ot from her said husband. L.~
WITNESS my hsnd and official seal thi~ day of Au Ust A. D. 19_.SL.L
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Notsry in and fw tM Stab of Florid~ d 4rp~
- My asion ~spins:
Retv?n ~ Ta.
First Federd Savinps i loan /lssociation K:~t'
Of fort Pierce. -t~I~ '''''t~~' . Notary R:41ic. State of E1o:is!a at tarye
f~p~p~p~pp~+ ~.e1_A, . } r
F~LEV A i~~G~ •~'f~~" .~~aia~~~~J~J, ~Clili~ti:sswn Ez1~fES ~ilig- b. ~9n
ItV-TL"VV t~`~ ~ y b~d~d BY A~er.:an fua 3 Cs.wi^/ ~
ST. I.UCIE COUNTY. FLA. - r~,,• ~ -
RF. ~~JRf1 VERIFIED - _ ,,-:;Y~~~ ~~?~.'.6
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'67 AUG I8 AN 9. 5~ -
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~:U:~Li't i'01TP,..S ,
CLERK CIRCUIT COUR7 i
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BOOK
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