HomeMy WebLinkAbout2876 A
To pl~u and ca+tinuously ks~p on the bui!d'+nps now w M~e~ft~~ situ~t~ on s~id luid a~d on ~il equipm~M ud p~~wM{h oov.`~~d b1l t~s ^fOf~it'
ege, with ail premiurta lhereon paid in full, fire inwrinc~ in tM uswi stu+dard policy forrt~, in ~ swn app~owd bY tM 1NORTGAGEE+ M~d wi~+~lonn
~~:ur~~ in tM ~swl i~and~.d pol~cy fam, in a sum ~pproved by ~he MORiGAGEE, in such company or comWniK a 1M 1NORTGAGEE r*+r ~
d~recrj and all flr~ and wi«hrorm ins~r+nc~ poiiues on ~ny of iaid b~ild~~ys, ~ny tnt~nst thKSin w pat thKwf, in tF~ pprp+q wm aforeuid w
in ~xcess thsreof. shall contain tM usual standard mor~gage~ claus~ w such otFw? da~~ as tM Morpap~ may rpuire, m+kinp th~ loss vrdM uid poli~ "
c~es, each and evay. paY+bl~ w iaid MORTGAGEE as its in~erest msy appear, a~+d ~ach ~+d ~vay ~uch policy sMll b~ promp~y as:pn~d +od d~livK~d to F
eny held by ssid MORTGAGEE as further security to said mor~p+g~ debt, and, no~ lass th~n ten 110I days in adv+nc~ of tM e:pir~tion of ~acA policy, ro dr
t~~er to wid MORTGAGEE • renewal thereof, to~etM~ with a ~ece~pt fw the pemium of such ~e++ewdt and tMn ah+~~ M^o f~n «`Nindsror'^ ~^w+?+^W
placed on any of aid buildirgs. any interest therein or put lhereof, unleu in tM form and with th~ lost paY~bb as afor~~idt and in th~ ~vM1 u~y swn ~
of ~non~y becomes payaW~ w+der such policy a policies said MORTGAGEE shall h~w tM option ro nuiw u~d ~pply th~ sam~ a~ ~aouM of th~ ind~bt~d' #
nets ~etu?ed hereby a b permit said MORTGAGORS to receivs and ~s~ it o~ a~y part thereof fo? othe? purpwes, without 1he~eb/ y;aivinp or imp~in ,
ing any p~ity, lit~ w right under w by virtue of this m!ulp~ye: and i~ 1M event s~id MORTGAGORS shall for ~e?y r~awn hi) to kt~p tM aid prKniset so
:r,svred, w f~il ro deliver promptly ~ny of said policies of insurancs ro said MORTGAGEE, ot fail promptly w pay ivlly any pr~mium 1Mnfa a ie ~nr
respect fail to pafwm, d~xharge, executs, effect, compl~te, comply with a~d abid~ by this covenant, a ~ny put htnof. ssid MORTGAGEE nuy p1ao~ ~nd
pay fw suth insurante w ~ny part thereof without waivinp a ~ffacti~+p any opliay litn. p~ity, or ~ght w~d~r w by virfw of thi~ Mwt9sp~. and the
f~ll smount of ead~ and ~very wch Wyment ~hall be immedlat~ly dw ~nd payablt and sh+ll bt~r intera~ from tM dat~ tMreof vntil paid ~t th~ r~b o1
nine per cenfum per annum and together with such intereat shall be secvred by tM lian of this mat~+g~.
1. To permit, commit or s~ffer no waste, imp+irmem a dctcrioration of said proptrty w ~~y put therecf.
S. to pay atl sod sinyulu tM costs, charges and expenses, inclwlinp s reasonabls attorney's fN and ootri of ~bstracts of Ktls. incurnd o~ p~k1 al .
eny fime by wid MORTGAGEE, because or in the ~.ent of the failwe on ths psh of tM taid MORTGAGOR to duly, promptly ~nd f~lly pNforn~, d~xhuyR
exec~te. etfect. tomplete. comply with and ab:de by each ~nd every the stip~l~tions, a~reeme~ts; tonditi~s„ and towMnn oi said pomiisory not~ and thb
mortgaye any or either. and s+id costs, ch~rgcs and expenses. esth and every. shall b~ irt~rnedialsly due and piy~ble: whslha w not tMr~ b~ twtiq d~
mand, attempt to collect or suif p~~d~rg; snd the full smo~M of each and every such payment shalt bea~ int~nst fran tM d~N tMreof until p~fd at tht
rate of nine per centum per an~wm; and all said msts, charges and e:penses incvrred or paid, logetha with s~th Int~t~at, sh~tl b~ sKUrd b~? 1M (i~o of fhil
mortg~.
6. Th~t (a) in the event of any breach of this Matgspe or default on the part of the MORTGAGOR, or (b) in Hw ~wnt ~ny of said twns of _m~
herein referred to be not promptly and f~lly paid within thirty (30) days next afte? the ssme seve+afly b~com~ dw ~nd p~y+bb. without d~m~nd o~ notiq.
or (c? in the event esch ~~+d evmy ~he stipulaiiwn, sgreemenn. conditions and covensnb of s+cd promissory not~ aed this mapap~ any a~itMr ~n ew1
i~ty, prornpNy and iu11Y perfwmed, d~uharged, executed, effected, completed, tomplied with and ~biJed dy, tMn in ~itMr w~ny suth ~wnt tM s+id p~
gregate wm mentioned in said promiuwy note then remaining unpaid, with interest acuued. and ~II mon~ys tteurd. h~r~by, a1M11 b~ooms dw snd p~p
ab!e forthwith, or thereafte?, at tlx option of said MORTGAGEE, u fully end completely ~s i( aIl of the wid t~nr of mawy vwn agindly stipulat~d
to be paid on such day, anything in sa~d prom~ssory note w in this Mwtgage to the contruy notwitlnta~r+p; ~nd ~h~nvpoe or t1wr~+h~r at eM op~an of
ie~d MORTGACaEE, without notice w demand, suit at law or in equity, therefwe or fhercsfter bep~ry mty b~ proseculad a ff alt motKyt Nwnd Mt~by
had matured p?iw to ib institulion.
7. Th~t in the event tl?at at the beginning of or at any time pendiog any suit vpon tF~is Mwt9a~, or fo fohdON h, or M r~form h,'o? to ~nfotp
payment of any daims hereunder, said MORTGAGEE shall apply to the Coun ha~ing ~urisd~nion ~henof fa th~ ~ppantm~nt of a R~ceiver, wth Court sMll
forthwieh appoint a~eceiver oi saifl mortgaged property all and singular, incl~d~ng all and singular tF~e inoorn~, p?ofiri; issw~ a~d_ r~wnws froeei whaf~vN
seurce derived, each and every of whKh, it be~ng expressly understood, is hereby matgaged +s if specifiutly ~et forth ~nd d~wiMd in thi qrantlnp and
habendum cla~xs hereof. and such Receiver shall have all the broad and effective functian snd powen io ~nywiN ennust~d py a Court p a Reaiva, u?d
:cch appointment shalt be made by such Court as an admitted equity and s rMtter of absolute rigM to aid NIORTGAGEE, a~d witAout nfenna to tM
adequacy w inadeq~acy af the value of ~he prope~ty mortgaged w to the solvency or insolvency of ~aid MORT(3AGOR or the def~ndants, and that :uth
renrs, profits, income, iuues and revenues shall be applied by such Receiver accwdiog to tha lien or pviry of said MORTGAGEE ~+d th~ pnctip of s_~
Court.
6. To duly, promptly and fully perform, discharge, execute, effect, complete, oomply with snd ~bid~ by ~adi and ~v+ry ths at~{at~oea„ apra+n?M+t~, ~
conditans aM! covenaMS in sa~d promissory note and this mwtgage set forth ' ~
9. Th~t io the event the ow~ership of the mortgayed premises, o~ ariy pa~1 thereof, becomes vKt~d a p~non otha th~n th~ IMORTGAGOR, th~
MO~TGAGEE, its successo~s and assigns, may, wifhout notice to thc MORTGAOR, desl with such wtoywr or ~+aMSa' in hn~rtsl with reftrNw~ fo thi~
mo~tgage and the debt hereby secured in the same manner as with Mortgaga witho~t in aoy wa~ vitistinp or distlwqinp th~ Mort9apwt' H~bi~ifll h~~
under w upon the deb~ hereby secured. No sale of the prem~ses he~eby mwtgaged end no fabsawnt~ on th~ p~rt of the MORTCaAGEE or ks woctatas
or assigns and no extension of the time fw the payment of the debt hereby setured yiven by the MORT('sAGEE or ih suttessors Or astipnb alwll op~~at~
ro release, discharge, modify change or affect the orginal liab~l~ty of the NAR?GAGOR hersin, either in whob w in pat.
10. It is specifically ag?eed that time is of the essence of this contract and that ~o waiwr of any obliqation Mreunder or o! tM oblip~tion M-
cured Ixreby shall at any time thereafter. be held lo be a waiver of the terms hereof or of the instrument setw~d h~rby.
11. In addrtion to the iwego:ng monthly payments of prin~ pal and interest required by the promis~oty nole fecuted Mereby, morfp~gor eownanb
' and agrees to pay to mortgagee with each monthly payment an addirional sum estimaled by mwtgagee to be eqwi fo 1/12 of the annval cost of tM follow-
ing: ~
A-All real property taxes kvied or assessed against the above described resl estate.
~ B-Premiums on fire and windstorm insurar.ce as herein requ;red to be carried on the improvemewt~ situate on the above dewibed pt~mi~s.
I C-Premiums on suth mortgage guaranty insurar~ce as mwtgagee shall from time to time deem fit to carry on tFis Iwe secvred Mr~by.
~ Mortgagee shafl from time to time notify mortgagor in writing of the amount due and payable hereunde? and suth sum sMll therwpon b! due ~nd
! Fayable on the due date of the next monthly payment and each succezsive monlh thereafte? until matyagee shall notify mortgsgor of • chaep~ In wch -
! a:-.o~nt. Such sums shall be applied by mwtgaqee toward ihe payment of real propeny taxes, insurante premiums, and mortyaye pwraMy inwrance
€ o-emiums. '
' ` IN WITNESS ERE F, t ssid RTGAGOR has hereunto set his hand and seal the day ~nd r ir sfwes~
E ~ a e' ed ' Exeserxe of: ~
I ~ ~
~ K--n ~
_ ~
~
S i AT E OF FLORIOA ~ j
SS.
couNnr oF St. Lucie ~ '
i
Beforo me perwnally sppaared Nnrton E. HArward .nd :
;
M~l~'6d S. Harutard ~s w~~• ~ rt» m ~ ~ ~
~he individwls dexribed in and who executed the fore9oing instrument, and acknowkdged before ms that tMy ~xecvted the sams fw ths purpo~es '
therein expressed_ And rhe sa~ ~ Mi l r1rwA Q HAl'~WAt+f~ ~
,vife of th~ said ~02~t-0Il ~ ~ArWAY~[~ ' VpOn • Npirats Nld privat~
exam~nation by me taken xpsrate and apart from her said husband, ~cknoMrledged to and before me that she e:earted said i~trwnent freely and vaun-
ra~~(y and without sny compulsion, constraint, apprehension.~.
w/ feu of or from he? said fwsb~nd.
WITNESS my hand and official ual this .9~ ~~L+ day of A- C• 1~
s
~
~ • Not~ry Public in ud for the State of Fbrida at tuy~
~ My Comrniasion ~xpires: , y
Return To: • , . , . , Np~ PI~1[. Stil! 0~ ~1di il ~q! }
first Federal Sav'uys 3 loa~ Associatiw? f~ i
• , ~?y Cosnaassioa Expira Se~. 23. 1969 }
Of Fort P7erce. ~sDi ~ ~
~ = - ti, ~,.Md y A~ri~+~ fi~ ~ ~!~h' L" ~
~ Fort
P~e~h RE
C~ ` ` v, I
~i~y F~ ~LA• ` `r:
g?' ~U pRD VEa~~IE~ : ; _ ~ t-=. _
. R _ ~5~9~ - ~y . " ` . :
~v ; ~ ,
~ g ~ 42 ~r ,
~T a~ ~ . ~ a .
.
~~j~13/11f1lZl1~~~, t
~i~ r.
RO'vE-R ~~1Rt~S
CI.ERK ~IFtCUt? COU~ o R ~
x ~ BOOK 1V~ PAGE~S7~ T\'= ~I
~
~
~r~'~~~-~.~ ~ ~ .+i - - - - - - - - ~ - ,~r. -
~`-.3.~_ ~,'a. a
'
_ . ~.~`s%: .