HomeMy WebLinkAbout2456 To pl~ ~nd continuously k~ep on the b~i!dings now or Mr~af?N sit~~t~ on ~aid land snd on ali p~i~x~~M and ~~~Ily oow?~d by IAis n~ortp~
sgs, with ~1) pnmiumi tha~on p~~d in fu~l, fire insurante in ~hs wuel star+dard policy fotm, in a swn apptowd b1l th~ MORTGAGEE. ind windttarnt
~~iursnc~ te tM uiwl uahda.d poGcy (am, in a sum approved by ~M MORTGAGEE, M wch company w aonpades as tM 1MORTW?<ifE may
d~rect; and all iir~ u+d w;nditwm ins~r~ncs poliues on any of ssid buildinps, u?y int~rpt tl+K~ir~ w p~H tMrwf, in th~ apprp~~ su~+ ~fortwM o?
In excess thereof. sMll contain the ~sual standud mor~gagee clause a iuch otMr clavw a tF» Mor~9~p~ ^wY nqvih. +naklnp 1M !ws w~d~r wid potb
cie~, tsch ~nd every, paysble w s~id MORTGAGEE as itt i~terest msy appes~, u~d sach and ~very tuch policy tMll b~ pramptly ~ts:~Md ~nd d~liw?~d b
any held by said MpRTGAGEE ~s furthet secvtity to said mwtpag~ debt, and, not lesf than tM (10) daya in ~dvanu of iM ~xpir~tion oi ~ad~ poNty, b dF
I~ver to wid MORiGAGEE a rM+ewal the~eof, ta9ethK with ~ receipt fw the prem+um of ~vch ~~newalJ and th~n ~Mil bt ~o fin w windstam inswa~t~
pleced on ~r~y of said buildinDs any intereif the~ein w part thereof, unleu in ths form and with tM loss pay~bt~ as ~faes+id~ aed M+ tM ~vMt ~y wm
of monsy becomes payabk uader such polity w policies said MORTGAGEE sMll Mvs tM opiion to recNw u+d apply tM urne on accounl of 1M b~d~bt~
nrss secur~d Mreby or q permit taid MORTGAGORS to receive and uss h or a~y part thereof fw other purpose~, withouf thereby waivinp a imp~ir-
ing any aquity, li~? or right under or by virtw of this mo:tysge; and in tM ~vent ~a~d MORTWIGORS shall ta a~y naia? fatl to k~ep ths s~id pr~m+te~ so
~nsured, or bil w deliver promptly any of uid polKies of inw~~nc~ ro said INORTGIIGEE, w fiil promptly M p~y fully any {x~mium thK~for o~ in a+~r
respect fail b p~rform, dischuge, execute, effed, complele, comply with uxl ~bids by this oownant, w ~ny part herwf, said MORi.GAGEE rt?ay pt~p ~nd
paY fw iuch insurance or ~ny part thereof witF.out waiviny w affectinp ~ny option. li~n, pvity, o? ripht w~r a by vl?1w of this Mwtpap~. and tM -
f~It smount of Nch u~d every wch payment shall be immediately dw s~d p~yabl~ and shall btar intaest from th~ dat~ tMrwf until p+id ~t tM wN of
nine per pntwn psr snnum and togethe~ wi~h such interest shall b~ secured by tM li~n of this morfppa ~ .
To permit, camnit a wffa no wute, impaerment or deteratation of s~id p?opkry a any paA thtnof.
5. To pay all a~+d singulu the coats, charges snd expenses, inctudinp a ro~sonable ~t~orney's fet a~d oos~s of abtNacts of HN~, M~cwnd o~ pafd at
any time by wid NIORTGAGEF, beceuss o~ in thd evem of the failuro on the part of th~ said MORTGAGOR fo duly, promptly M~d fully pKfotnl, di~ch~
execufe, ~ffed, cample~e, canply with and ab;de by each and every the stipulatia?s, ~reements, conditiom, u?d aowMnn of s.d promissay ~ a~d thi~
morrgaqe any p either, and said cosn, cMrges and expense~, each and every, s1?~II b~ immediately due ~nd p~yabl~s wMtlrr or not tlMr~ b~ tiotiq d~
mand, attempt to colkct or wit pend~ng; and rhe full amount of each and every wch paym~r?t sMll bsar in?~f from ttN dH~ Nwnof until psid at th~
rare of nin~ pe~ centum per ani~um; and all sa~d cosn, chargea and expe~ses ir?twnd w paW, topether with sutF? lnt~tsst ~MII M Nout~d by tM IiN~ Of fhU
mottya~,
6. T}Nt in the event of any breach of this Mortga9e w defa~lt on tM p~rt of the MORTGAGOR, or (b) in tM twnt ~ny of ~aid tw~a of momy
herein referred to be ~wt promptly and fully paid within thirty (30) days nexl affer the same uweralty bKOm~ tkM aed pay~bll, wttl?out d~mae?d O~ ~Otiq. -
or (c) in the event exh and eve~y the s?ipufations, sgreements, conditions and covenann of said promissory note and this rtwrt~+p~ ~ny w~NM~ nol
u ~
~uiy, promptly a~d fully p~rfwmed, dixharged, executed, effected, completed, compt~ed with snd ~bided by, tha+ h ~ithu w~ny sud~ ~vMt iM s~id ~
gregate wm mMtioned in ssid promissory nofe then remainir?g unpaid. with interest accrued, and all moneys MCUrad.l~u~by. shall b~oo~1~ dw ~f~d p~y~ +
eble fwthwith, a thereafter, at the option of said MORTGAGEE, as fully and completely as if ~II of the taid su~ns of mo~My vwn otiplndiy ~fipulat~d
ro be patd on such day, anything in said prom~sso?y eare « in this Morfgage to the conrwry notwitFutandinQr ane~llNr~upon o? MNNftN at tM Option of
sa~d MORTGAGEE, without notice or demand, suit at law w in equity, therefon w thsrtafter bpvn, nwr bt pro~eoW~d q ff dl moMys NWr~d Mrlb~?
had matwed prar to its institution.
7. That in Ihe event that st thc beginning of w at any time pending ~~y su'st upoe+ tha Mo?fqay~, or to lonebN h, or b r~fOren k, or t0 N1ior0~ ~
payment of any ctaims hereunder, sa;d MORTGAGEE shalt apply to the Coun h~ving jurisdiction thenof fo? tM appoinhn~of of a R~ceivM, wch CouA ~MII ~
Forthwith appoint a receiver of sais! mortgaged property all and si~gular, includ~ng all and singul~r the inoonN, profiq, tlaws ~nd hwnws fran whaflvK
sou~ce derived, eath and every of wh~ch, it being expreuly vnderatood, is 1Kreby mortgaged as if ap~tifiully sN forfh and dNCtib~d M thi Orantinp and
habendum cla~ses hereof, and such Receiver shall hsve all the broad and effective functions snd powsn lo ~nywis~ eotnat~d by ~ Gourt tQ ~ R~pivK, and ~
s~ch appointment shall be made by such Court as an ~dmitted equity and a matfe~ of absolute rigAt to uid MORiGACsEE, and without nf~nnq to fh~ ~
adequacy a irtadeqvacy of the value of the properry mortgaged or to the solventy or insolventy of said MORTGAGOR Ot tIN d~f~ntl~nft, N~d that ~uth
renn, profiri, income, iuues and revenues shall be applied by such Reteiver sccord"u+g to ths lien or puify of s~id MORTCs/1CsEE snd NN pratrtq of ~uth '
Court.
8. To dvly, promptly and iully perfo~m, dixF,uge, execute; effect, eomplete, comply with ~nd abide by ~ach and ~wry th~ ~tipulationf, ap~ts,
conditioro snd covenants in said promissory note and this mortgage set forth. ' .
9. That in tF,e evem the owncnhip of the matgaged premises, o? ariy put thereof, bscomes ws»d in a pKwn o~l~a tlMn tht MORTGAGOR, th~
MORTGAGEE, its succeuon and auigns, may, without naFce to the MORTGAOR, dcal with such wtussor ot wopt~or in inta«t with nf~rlnt~ fo thb
morTgage and the deb~ hereby secvred in the same manner as w~th Mwtgagor without i~ sey w~y vitiatinp o? disdwrptnp th~ MortpapOrs' (i~biliry Mtf
under w upon the debt hereby secured. No :ale of Ihe premixs hereby mortgaged end no fabtar~nte on tht put of th~ MORTGAGEE or ht wot~s~an
or assigns and no exte~siqrt of Ihe time fw the payment of the debt hereby secured yiven by the MORTGAGEE w ib svtC~t~on Or a~ipM, ~hal) OpMaN
to release, dixharge, modify change or affect the original liabil~ty of the MORTGAGOR her~in, ~ifher in whoie or k1 pkt,
10. It is specifically agrsed that time is oi the ~ esxnce of this contract and that no watvsr of ar?y obliyation he?wnder or of ths obli~~tion s?
c~red hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrumsM sean~d F~by.
11. In addition to the forego:ng ma~thly payments of princ'pal and i~terest required by the promi~wry note ietuted hereby, motf~apot Cpvr/wnU
and agrees to pay to mortgagee with each monthly payment an sddiiional sum estimated by mortgsgee to M eqwl M 1/12 of tMt arrw~! toaf of fh~ follow-
inq:
A-All real property taxes levied or assessed agai~st the above described real estate. .
B-Premiums on fire and windstotm insurar,ce as herein requ~red to be urried o~ the improvlmsnft sifWt~ on ths abOVe dlWibtd ptMblNl. i
C-Premiums on such mortgage guaranty inw~ance as mortgagee shap from time to time d~, fn ro c.rry on ~h. lo.n ,ecur.d Mr.by.
Mortgagee shall from time to time notify moregagor in w.iting of fhe amount due and p~yabk hereunder and tuth wm sMll tAerWpOf1 b~ dw ~nd
Fayabte on tl~e due date of the next monthly pay~nent and each s~ccessive month thereafter until morfgegee sh~ll nofify mortgago? of • tfianpf ln wth j
amount. Such sums shall be applied by mwtgagee toward the payment of reat property taxes, ieturente pemivm~, Md mo~fp~pe puMMty Iniunnq j
premiums. 3
IN WITNESS WHEREOF, the said AAORTGAGOR has hereunto ut his hand snd seal ti~e day snd yNr fint afor~W. '
'y~ed, e+led a d delive+ rexnce of: ~ '
? ~
. ~ ?
~ '
K--n
~--n
STATE OF FLORIDA
couNn oF St . Luc ie ~ u' '
Befwe n,e penawlly sppeared ~ovrori .T_ Wll sori ~ ~
, .Iune Z. y„`' 1 4 nn his wN~, to R» wen +cno~n, ,~a known to to b.
the individwfs described in ard who executed the fo~egoirg instrument, and atknowled9ed before me that tbey execvted ths s+ms fot the p~rrpases
thereirt e:p?esfed. And fhs sa~d eTU716 Z• w11.30I1 ~ '
wife or rr~ ~~a Myron J. Wil son - ,,.p,,,t..,,~-~„»
examinsta~ by me taken separate and apart from her seid husband, ~cknowledped ro and befwe rn~ thaf shs exetuted s~id iestrument {r~tly and volwi-
rerity and withovr ~ny compvlsioo, constraPnt, appre}Kn' o~ fear of or from her said husband. ti,s~'~K~~~~~:•:
WlTNESS my 1?tnd and official seal thi: O dsy of
t+ c~ -
:
Notary Public in a+d for th~ ?=tayA Af ~ id~'af'ritni •
. My CortMnission acpira: _ , ti -s ; - -
Refum To: ! ~ ~ ~ j : t ~
Fint Fede~~l Savin~s d. loan Assotiation " . ' . : _ : , ~ . •
MY GG~.:2~':.: :.i . , , u_ E. .~~,3_• :
Of fort Pierce. ~ ;
~ONDED Tnnv...,.c rn~J :J. :.~~sTi;nuvji'. • C
~ foA Pie+ce FIQrj~ ft~Ep ' - : r`i7' ,'c F: ,.rn ~ af t •..^•.^-E ' ~ .
~iLEV aNO Ft~Co s : " .
ST.lUC1R,~~V~T
IFD`A• _
.P-C~ -
159~ . ! o~g ~ $
~s~ a~ 2 4~? s. s
:.J,~~~S a~K167 ~~2456
~L; RK C~RCUIT COURt
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