HomeMy WebLinkAbout2458 1. To plao~ and continuoualy keep cn :ht buitd~nps now w hereaflN sitw~~ on s~W land tnd on ~II puipm~M ~nd p~nonally cowr~d by tNs ~nort¢ .
sge, with ~II p~~miw~u thtrwn paid in fv11, fire in~urance i~ ths usu~l standard polity fotny ie • wm apptowd br th~ IWORTG/WEE, ~td wi~dNpm
tns~rsnct in ths uswl ~fandard poGq fwm, in • sum ~pproved by th~ MORTGIIGEE, in wch oo~np~y a oompania a tM MORTCsAGEE may
d~rect: tnd a!1 fL~ and w;ndsiorm insurane~ pol;cies on ~ny of s~id buildinp~. sny int~~h~ tl~tie w pwl tMr~of, in th~ pprp~h ~wn afaK+W w
in exe~st thereof, thail co~t~in the vswl it~ndard ma~gagee cla~se w such othN claus~ ~s tA~ Morf9apN m~y nqvin, endtinp d» lost w+dn sud pol~
cces, ead+ and ~wry, psyable ro said MORTGAGEE as its inre~e~t may ~pp~as, ~nd tsch ~nd ~wry tuch poliey ~MII b~ promptly ass:yMd ~nd d~1iw~~d b
eny h~Id by said MORTGAGEE u fwther security to said mortpage dcbt, and, aot I~ss tMn t~n (10) days in adv~na of tM txpir~twn of Nch policy, b d~
I~~e. ro said MORTGAGEE • r~newal tM~eof. te~ps~M? with a?ecapt fa the pnmiwn of wch rMewalj and tMr~ ihiQ b~ .a fir~ a wir~rorm imwu~a
pleced on any of said build~r?~s. ~ny intcrrst theretn or part tlKreof, onleu in the form ~nd with tM loas p~yabb u~fonsaidj and in th~ ~wM uiy wm
of moMY becana Wyab~e uodar wch policy or polKies said MORTGAGEE shall Mw tl+~ opYwn to ~so~iw ~nd apptr tM u~ on ~cco~?nt of 1fw ind~bt~d~
neas iecv~ed hir~by o~ p pe~mit said MpRTGAGORS to recrivs and uss h a any part thereof fw other pwposes, wi~hout thereby waivinp p in~ir-
ing any pv~ty. li~n ot riqht under or by vi~tw of this morsgay~; ~nd in tM ~veat a~d MORTGAGORS shall fw ~ny naton bil to k~ep th~ said pr«niws ~o
iniured, p f~il b deliver promptly u~y of said policies of insuranc~ ro ta~d MORiGAGEE, or fa~l promprly ro pay fully ,oy pr.miwn ~l,K•for « in ~r?y
respect fail b p~rfw~, dixharye, execute, effec~, compl~te, comply wirh and ~bid~ by this oov~nant, or any part her~oi, wid MORTGAGEE m~y plap u~d ~
pay fw iuch i~w~anc~ a any part thereof w~~hout w+ivirg o~ ~ffectu~p u~y optiay Ikn, puiry, or ripM unda a by virtw of thts MortQap~. and th~
f„u amoonf of ~adi and ~vay such peyr„en~ shall be ;mmed'u~e1y dw ~nd payabl~ ~nd sMll b~ar iot~r~s~ fran tM dat~ thereof w+til p~id at th~ w» of ,
~~ne per centurte per a,uwm and toyether wirh such interest shall be secwed by tta I'Nn of this mat~apt. ;
1. To pKmit, cwnrnit or wffa ~o wute, impairme~t or deter'aration of said propKty or ~ny part ti~wf. i
S. To p~y ~II snd sing~lsr ths cosb. cMrges and expenses, includirg s rcason~bM ~ttomey's fe~ snd oari of sbth~eM of titb. kKwad a pald N ;
eny time by said MpRTGAGEE, because p Ir? the event of Ihe failure on the p~rt of.~M ssid MORTGAGOR w duly. prompNy and fully pKfonq, di~d?~r9R
execute, tffect, complete, tompty with and sb:de by exh and every the itipulationa, apreements, conditioro. and oownant~ of uid promistory ~ot~ and thi~
mortgage any w ei?her, and said cests, cAuges and expe~ses, ~ach a~d .ren, sh~n b. t~+~+,edca~ety d~s .nd P,r.bias wM~h.. o. not thNt b~ tiotiq d~
mand, anemp~ to colkcf p wit pend~ng; and rhe fult amount of each and every wch paymenf ahall beu int~st fran th~ dat~ tMr~of wNil pald N tM
rate of nine per centum per snnum; and all said costs. charges and expenses i~tvrred or paid. topether with wd~ IntarNt, sF?all bt aKUr~d by t!w IiN~ of tht~
mort8ays.
6. TMt in ~he event of any br~~ch of this Mortgay~ or defaolt on the part of the MORiGAGOR, or (b) in th~ ~wet any of said ~una of morwy
herein referred to ba not promptly and fuly paid within thirry (3p) days next sfter the samtr seve~atty bKOm~ dw ~ad psyabl~, without dMtund o? +wtit~.
or (c) in the event each and every 1he stipulatia,a sgreements, conditions and cown~nts of sdd promissay nob and th;s rtartppa any or ~ifhK art nol •
iuly, prpnptly and fully performed, dluMrged, executed. effected, completed, complied with ~nd abided dy. tFwn in ~itha or ~ny wd~ twM tM s~id a~ '
gregate wm mentioned in said prom~ssory note then remaining unpaid, with interesl acuued, ar~d all rna~ys a~eund, h~r~by, ,t~.n b.oo~,,. dw .~d ar ~
abie forthwith, w thereaftcr, at the op~~on of sa~d MORTGAGEE, as f~lly and compktely u if all of th~ said su~s of nan~y vwn aiplrwllp ~tipulN~d
to be paid pn s~ch day, a~ythiog io sa~d promiuory note o~ in this Mortgage to tM tontr~ry notwitMUndinpi and IhK~uppn o~ fher~affM af t!N Optiotl Of
se:d MORTGAGEE, withoul notice w demand, suit at law w in eqvity, therefore ot tMrtaftK b~wy eMy b~ pro~acW~d p if all nqrNyf Ntw~d INt~by
had matured priot to its institution, ~
7. That i~ the event t1?at at rhe beginning of w at any time pending ~ny wit ~pon tha Mat~ap~, or tp for~tloM h, ot to nform M, a to MforO~
payment of any claims herev?oder. said MORiGACsEE shall spply to thc Court havirq jurisdict'wo therwi fo? th~ appoinlnMnf of ~ RKRiwr, wch Court tFMII
forthwith appoint a'receiver of wi~ mortgaged property all and sinyular, intlud~rg all and singvlu tM inooml, pofiN„ hiuM M~d ?tvMWf frpn wMt~vN
seurce derived, each and every of which, it be~ng expressly undersrood, is hereby mwegaged as if sp~tifieaUY s~t forlh uid d~wlb~d b thi prantirg a~?d `
habendum clsvses hereof, and such Receiver shatl have ~II the broad and effective functions and powt?a in anywiq Mttist~d by ~ Cpy~t fp a R~qivN, and ~
:uch appointment shall be made by such Cou?t as an admitted eq~ity an8 a matter of sbsotute rght to wid MORTGAGEE, ~nd withouf nf~r~r~ to th~ f
edequacy p insdequsty of the va)ue of tix property mortgaged or to the wnrer~cy or i~solvency of s~id MORTCsAGOR or fM d~f~ndanfb ~nd fh~t such
renrs, profin, ~ncomr, asues and revenues shaU be applied by such Receiver accordinp to th~ lien or puity of Nid MORTGIIGEE and th~ pr~ttiq of wdf
Court.
8. To duly, prompt~y and fu!!y pe?form, d'escha~ge, execufe, effect, complets, comply with snd ~bid~ by Mtl1 ~td w~ry fIN stkwlationt„ apt~t~, ~
conditrons and covenants in sa~d promissory nofe and this mortg~ge set fwth. ' j
9. ihst in the evero the ownenhip~ of the mort9aSed Premises, or ariy p~H the«of, beoanes wsted in a pKSOn otMr M~M~ th~ MOR7CsAGOR, fh~ ~
MpRTGAGEE, ia successors and augns, may, wieFwur norice ro rhe MORIGAOR, dNl with such suee~ssor w~repsfa in intK~st with r~fK~no~ to thb ~
mortgage and the debt hereby secured in the same manner as with Mortgagw withoW in aey way vitiaYug p d'acharyinp th~ Mwfpapor~' Ii~bility h~~ ~
under or upon the debt hereby secured. No sale of the premixs hereby morfgaged and no /wbsar~no~ at th~ patt of th~ MORTGAGfE or ht tuot~a~wa ~
or asigns and no extension of the time for the payment of the deb~ hereby setu~ed yiven by the MOR7GAGEE or its suaesfpn pr awipry„ stwp pp~rat~ .
ro release, dixharge, mod;fy charge w affect the orginal liability of the NIORTGAGOR hersin„ ~ither in whols or tn puf.
10. it is spedficatly agreed tMt time a of the essence of th$ contrsct ~nd tMt no w~iwr of ~ny obfip~tion Mrwnder or of th~ pWipaHon p•
cvred hereby shs11 it any tirn~ thereafter be hefd to be a wai~er of tht terms heroof a of the instrumsnt secw~d hKby,
I1. In addition to the forego:ng monthlY paYments of princ'pal and interest required by the ptomi~wrY npte sK~rtd heteby, mo~rtpapO~ apwn~it}~
a~d agrees to pay to mortgagee with each monthly pay~nent an add~rional s~m estimated by mortgsgee to M eq~al to 1/14 of tfk ~n~wl tost of th~ fOtlow-
ing: L
A-All real property taxes levied w assessed agai~st the above described resl estate.
B-Premiums on fir! and windstorm insurance as herein rCquirec~ t0 6! Carried on t~te imprOVMM~f~ ~fiNt~ On t~N ~bOVe ~Wi~ PfM1~iN, .
C-Premiums on suth mortgage gva~anty insurance as mortgagee sl~afl from time to time deatn fit to catty On th~ (o~n sacut~d h~r~by,
Mwtgagee sha(t from time to time notify mortgagor in writinq of t1x amount due and psyable he?sunde? Md uKM sum shal) t~twpon b~ dy~ '
F.~yable on the due date of ~he next monthly payment and each succasive month thereafter unt~l morfp~yee sh~11 nofify mortg~gpr of ~ chsnp~ ln wth
a~,;ount. Such sums sF.all be applied by mortgagee towar~ tF~e pr~y ~~iy~q, ~Mj :
premiums. - WY~1 of real taxes, insurance 9~ yyumw ~~yy~
i
IN WITNESS WHEREOF, the said MORTGAGOR has hereumo ut his hand and se~l the day a y!~? fint ~foryaid. .
Si . Sealed an eliv in the presence of:
1 ~
. • ~
n
~
~ STA OF FLORIDA ~
St. Lucie ~
ouNnr oF
s~twe ah«wuy a~eared JohTt R. Fleetwood ~
Elizs3beth Rl@etWOOd ' ha wife, w me well known ~nd knuwn w m~ to b~
rhe individusb desvibed in u~d who executed the E,}~a~bet~~ kdQed befors me th~t tMy exewled the sanK fpr th~ purposes
therein exptssted. qrid the aa:d IZ twood -
w~!e ,f rhe ..;d John R. FleetWOOd - ,„p.?.r..~,a p~iv.u '
exam;naYan by me taken separate and apart irom her said husband, ~c{crawled~ed to ~nd before m~ that shs exeated aid irotr~ment fts~ly and volu~
rar~ly and without any compulsan, consrrainr. appre or u of or from her said hu~band,
WITNfSS my hand and official seal thi day of Au S t A. D. 19 67
' +ry Poblic in a~d for tM m of flwida ~t larp~
Mr Corrunission ~xpirp;
Retum Ta.
Nolary Pr6ic. Stste of fio~id~ at 4rqe
_ first Federal Savings i losn /lssociatwn i~ +•y~~~ .
o? Fo.r P~~«~. `i ~ . ~ Goweissioa Expires Sq~t. 23. 1969
. .
. .Fort Pierce. Flo~ida ~ • • J v RMM~ tir Mwiw fir! ~~r 4.
FILED ANb RECORDED ~ '
• ~ ~ ~ U
ST. LUCIE COUNTY. RI.A. - - "
RECORD VERIFIED - i- ; r _
~t O :J r~
1 . . . ~ ' , . '
'6T 21 A!f_~.'~'~.~3 . ~ Q • ` .
, r ,
AUG ' '
~`~'~~u~n., .
--'~1~:,.~CPG7r~w c, ; '
CIERK,CIR UIT COURT BOOK~V~ PAGf2458 n, ,
~ ' ~j ~
.~r.;~~ S - ~ + '
t.~ ` x
,.:C•~,~;~.^~~sys~ ~ -~"~LVs,.,, .~c . _ ~ ' . _ . . ~4°~a+~a~.
._.y~~~i
3-~-,'