HomeMy WebLinkAbout2754 To ptan +nd conttn~?ously kesp on tM buildin~s ~row w Iw~eafttr sitva» oe~ said land s~+d o~ ~II puipm~M ~nd p~rwn+~h oownd bll this ^a~q'
•ye, with all premiums theiwn p+~d in fuli, fi~e insura~xe in th~ uswl s~andard policy form, in a swn ~pprowd by t!N MORTW?GEE. ~nd win~hto~m
~nsurana in tM uswl iundard pol~cy fw~n, in • sum ~pproved by ~M MORTGAGEE, in wch compa~Y o~ oanP+ela M» MORTGIIGEE ^nay
d~rect; and all f~~ and windsto~m insvrance pol~ues on +ny of ~aid bvildinp~, ~ny teh?ht the«in or put tMr~of, h tM apprp+t~ wm ~forK+W a ~
~n ~ze~sa thereof, tMll contain ths ~?sual standard mor~gagee cl~~se ot iuch othsr claus~ a tM NlortpapN n?~Y nquiA. m+ki~p 1M loa~ wwl~r ~aid P~F
cies, each ~nd eve?y, paYabte to said MORTGAGEE +a its inte~eit m~y ~ppea~, ~nd each a~+d every s~ci+ policy sMll be p?aaptly as:yned ud d~liwnd to
•ny hsW by said MORTGAGEE ~s tur~ha. security ro said mortyage debt, a~d, not I~u th~n t~n (10) days in +dv+ea of tM ~xpk~tion of ~ach policy, to dr
Icver to s+id MORTGAGEE • renewal the~eof, tog~~her with a receipt for tM pnmium oi auch r~n~w~lj ud tMn shall b~ no fin w windstam Imura~a
placed on ~ny of taid buildinQs. any interest therein w part thereof, unleu in tM form and with tM bss payabl~ q ator~saidj ~~d in tiM ~wM ~ny wm
of mon~y becomes payabl~ ~nder such policy w policies said MORTGAGEE shall Mw tFw option to nuiw ~rd apply tM s~n» on +aow+t oi 1M tndtbted'
ness secund Mreby w w permit said MORiGAGORS 1o receiw ~nd ~?se it w any psrt thereof (or olhcr p~~poses, without ths~eby waivinp w imp+M-
;ng any equ;ty, lie~ a ripht unde~ a by virtw of ~his mo:ryaqe; and in 1M ~vent a~d MORTGAGORS ~MII fa a~y ro+son fail to ke~p fM s~id p~Nnis~s ~o ~
~nsured, or fail b d~liver prompNy any ol said policics of imursnce to said MORTGAGEE, w iail promptly to paY fully anY Pr~^"ium ti+N~fo~ w in ~e?y !
respect fait ro p~rform, dixharge, ~xecute, effec~, complete. camply with and ~bid~ by this cov~nant, w ~nY p+rt herwf, ssid MORTGAGEE enay plao~ +nd
par fot suth lnwrar?te or u?y p~rt thereof withouf w~ivinp w affactinp any option, 1'Kn, puiry. w ripht w~dK or by virtu~ of this Mortpp~. ~nd 11N i
f~ll smount of each and ~vtry such paY~^e^t ~11 be immediately dw aed pay+bb and shall b~u intK~st fran th~ dat~ tht~wf until pa{d ~t th~ wb ol ~
nfne per centum pe~ annum and toge~her with such interest shall be secured by tM lisn of tlus morfpap~. +
1. To pKmit, conunit o~ suftar ~o waste, impa'umem a deterior~tion of ssid propKty a any pu~ tF~wf.
S. To psy all and sinpulsr the costs, charga and expease:, includinp a resson~ble ~Naney's fN ,nd oosn of .bsnac+s of ri~l•, M~axnd w p~id q ;
eny time by said MORTGAGEE, bec+use or in the event of the isilwe on the p+~t of tM ssk! MORTGAGOR to du1y. prompdY ~nd h+~~Y P~o~4 d~~~
execut~, effsd, camplete, comply with and ab~de by each and every the stipulatioro, ayreemtnn, tawJitioos, and eowean» of said pramistory nof~ and thi~ :
morrgape ~ny or either. and said cosb. cMrges and expenses, each and every, shall be immtdiat~ly dw u~d payabt~i wMthN w not tMr~ b~ notlp d~
mand. ~ttempt to colkct w wit pe~d~ng; ar+d tM full a~rw~~m of each snd every wch paYme~t ~hall bear int~r~st itan tM daq thtrwf wMil p~id at tM ti
rare oF nine pe~ centum per amium; and all said costs, charges and expe.:sea incurrsd a p~id, togNhK with such Int~pt, ~hall b~ sKUrd by th~ IiN~ of thN
morty~.
6. Tlwt i~ the event of any breach of this Mwtgage w default on tM psrt of the 1NORTGAGOR, or (b) tn th~ ~wnt N?y of s+id ~urm of mon~Y
herein referred to be nof promptly and fully paid within lhirty (30) days next afte~ the same sevmaly b~can~ du~ and p~y~bl~, wilhout d~mand o~ ~?otk~.
or (c) in the event each and every the stipulations, sgreements, condisions a~+d covenanb of uid promiuory not~ ~~d thi~ moRpap~ ~ny a dtMr ~n no1
~uly, promptly and fully perfwmed, d~xi~arged, execvted, effected, completed, complied with a~d ~bided by, tlrn in ~ifl~ ot any such wMf tM add p~
gregate wm mentbned in said promisso?y nate then remaining unpaid. with interest stuued. and ~II mor?~yt stcut~d. Mr~by. shill b~oonN dw ~nd p~Y
able fwfhwith, or theresfter, at the option of said MORTGAGEE, ~s fvlly and completely ~s if ~II of the said sun~s of nwMy vw~~ orqlnNly atipulaqd
to !x paid on such day. anything in sa~d promissory note w in this Mortgage to the contrary notwithstu~dinp: and thKwpon w fher~aftM at 1M option of ~
ie~d MORTGAGEE, without ~otice w dcmand, suit at law w in equity~ 1F1lflFOfQ Of flNfNfIH b~vn, mar b~ proNCW~d ~a If ~0 moneYs Ncu~~d Mr~by
had matuted prior to iri institution. . ,
7. That in the event that at the beginning of or at any time pending any wit upon thi~ Mwtpsp~, or to fohdos~ k, or fo nform h, p to ~nforC~ • .
payment of any claims hereu~der, said MORTGAGEE shall apply to the Coun hsving jv.isdinion ther~of fw tM ~ppointm~nt of ~ R~uiwt. wch Cow1 sh~~~ -
Forthwith appoint s receiver of saij! mortgaged (xoperty al) and singular, intludu+g all and singulu tM ineorM, profits, bsuM Nfd f~vMw!•1tWn what~wr ~
source derived, exh and every of which, it bei~g expressly undcrstood, is hereby mortg+ged as if tpeti~iully sN forfh u~d dMCtib~d in fhi ~~+tfinp ~nd
habendum clavses hereof, aod such Receiver ahall have all the brosd snd effective funct~ons and powen in anywi~ Mtrwt~d by ~ Court tp a R~u1vN, ~nd ~
s~ch appointment shalt be made by such Court as an adm~tted equiry and a ma~ter of absolute~iQht ro s~id MORTGAGEE, and wiMo~rf nf~nna to tlw
adequacy o? inadeq~acy of the value of ~he property mortgaged or to the solvency or insolv~ncy of uid MORTGAGOR a th~ d~f~ndanri, and tMl sveh '
rems, profits, income, iu~es and revenues shall be apptied by such Receive~ sccordirp to th~ lien ot pvity of s~id MORTGAGEE ane! th~ pattia of wd1 ~
tcurt.
8. To duly, promptly and fully perform, discharge, execute, effect, complete, comply with ~od sWd~ by ~~nd ~wry th~ ~tipulatiora„ ptNrtNnb.
conditiorq and coven~nts in uid promissory note and this matgsge set fwth. ' -
9. That in tha event the owncrship of the mortgaped premises, p any paA thereof, becomes wshd tn • pKSOn oMa 11wn fh~ MORTGAGOR, th~
MORTGAGEE, Its succeuors and assigns, may, wifhou~ rarice to the MORTGAOR, deal with svch suaM~ ar ~ in inferat with nf~nna to thb
mortgsge and the debt hereby secured in the same manner as with Mortgsgor without in any w~y vitiafi~g or diKlwrpinp NN Morty~pOrs'~li~bl~ity hM~' i
under or upon the ckb~ hereby secured. No sale of the premises hereby mortgaged and no (wb~arsnc~ on th~ p~A of tM MORTGAGEE a~ hs weuswrs
or assigm and no extertsion of the time fa the payment of the debt hereby setured given by the MORTGAGEE w its sutt~sfort O~ asf~pM. aha0 op~rat~
ro release, dixharge, modify chsnge w affect the original IiabJiry of the MORTGAGOR here'u4 tither in whols or Fn puf• ;
10. It is specifically agreed thaT ~ime is of rhe euence of rhis contrsct snd ~hat no waiwr of amr obli~tion Mr~w~der or of tM oblip~tion k ;
cured hereby shsll at any time thereafter be held ta be a waiver of the terms he?eof or of the instrument sKw~d iNrby. i
11. (n add~tion to tF~e forego:ng monthly payments of princ'pal arid interest required by ihe promiuory note secured hereby, maty~yor town~M~
~ and agrees to pay to mortgagee with each monthly payment an addirio~al sum esfimated by mortgagee fo b~ eqwl 10 1~12 Of ths annual toaf of th~ follow-
in~:
A-All real property taxes lev~ed or assessed against thc above described real estate.
B-Premiums on fire and windstorm insurance as herein requ;red to be carried on the improvem~nU s'~twt~ on tIN ~bov~ deweb~d prNnb~s.
C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to urry on tM b+e sewred hKSby.
Mortgagee shali from time to time notify mortgagor in writirg of the smou~t due and payabk hKeunder ~nd such sum thall thKwpon b~ dw ~rd
f payable on the due date of the next monthly payment and each successive month thereafter until mo~tqapee sh+ll nofify morfgagor of • Chu?p~ in wth
( amount. $uch sums shall be applied by mortgagee toward the payment of real properry axes, inwrsnce prem:ums, ~nd morty~p~ puwuMp insuana
p~emiums.
IN WITNE ME the sai MORTGAGOR has hereunto ut his hand and xal tF~e d~y fint ~foraal f
Sipned, nd i esence of: ~
n
. ~
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t
S7ATE OF FLORI~A ~ ~
~ Saint Lucie
couNn oF
eefore me personally appeared RLba J Bro~tnin~' A ai ngl A Adul 4:
Zt1C,i~ to m~ vv.ll knorvn •nd known w me to be
~ha individva~ described in and who executed the fwegoing instr~ment, and acknowledged beforo me tMt ~~xewted ths sams for tf» purpw~s
rherein expressed. ~~~=i~
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~A')b?C"J4~C]fJ~9HC dCD4~C~D~~r~Eiir7CdE7biC~bol6~idi~(dU1Gs'6i6a L7
WITNE55 my h~nd ~nd officisl sesl thi~ GZ~ d A. D. 19~SLi
~ „~??onn~,.,,, .
~ ' sry Publit in ~nd for the StaN of F{otid~•b.l~r J r~ `
My Carrnission ~xpir~s: " ~A 3f~RGE
Retum To: NOTARY P~: - - - ` -r
first Feder~l Savings a loan Assotiation MY CG:.:~;C,.._:, yOV. ~ 1 9 8$_,-. _
Of Fort PitfCl. BONDEO TMRGUQN rAED lb. Dyf~[tyDleii.~ , -
Fit~E~`~N1~'~Y°F
°A. 9 G 8 ~ _ :
C~E COUN ~ / ~ . C~J ' -
gT. LU VERIFIED . . ~ :
R~coan i5941`7 "
.
'61AUG25~9•51
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f~~ JCIRCUI? GOUR? Q R
C1.ERK gapK 1„67 PACE2754 ,
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