HomeMy WebLinkAbout2878 To pl~u and contin~ously keep on ~M bui~d7n~s now w Mr~aftK utvaN on said I~d ~nd on ~II p~ipnwnt ~nd pMSaw~N osv~d b~ 1~ ^'~q'
.gs. wi~h all p~miuma therwn pa~d i~ full, fire insurance in tM uswl sunda~d policy fon~, in • ~wn approwd bY tM MORiGAGEE. Md wind~~°"A
iniur~nc~ in th~ uswl ttandard pol+cy fwm, in a sum approv~d by tM NK)RTGAGEE, in wch tanp~+y a oompa~iN « 1h~ MO~TGAGEE n~~
d~red; and all fir~ ~nd windsrorm insur~nte polrcies on any ol said beiilduq~, sny inhnst tl+K~in o~ p+rt tl?Kwf, in tIN pp~pah win afo~~N1d p
i~ e:ctq Ihe~wf, ~hail contain tl+s uswl standard moregagee cl~us~ a ivch aF~ davN +s_ tM Mw19+pN m+y rpuir~. m~kinp t1w ba wd~r ~aid PdF
cie~, eath a~+d ~wry, paYable a s~id MORTGAGEE +s iti interest may ~ppes~. and tach ~nd ~wrY tuch Pclicy ~MII b~ pranpt~Y +ss:ynsd +nd d~Ilw~Ni ~O
any held by s~id MORiGAGEE as further seturity to said mwtpa9e deW, +nd not 1~ tMa ten 11~1 d+YS M? adv+^c~ of ~h~ e~cpir~tioe of ~ach policy, to d?
I~ver to ~+id MORTGAGEE ~ renewal thereof, tope~her with a ~eceipt fo~ the promiwn of wch ren~wslt and then sMll b~ no fk~ w wind~tam inw~ana
placed on ~ny of said buildinqs, any interest the~eie or part thereof, unku in tM fam ~nd with tM low payable u afwh+idj and in tM ~wi+t any sum
of mon~y bacomea pay~bis u~der such polky w policies said MORTGAGEE ~I?+il Mw th~ option to noeiw and ~pply tM wn~ on acco~nt of th~ MwM~ted'
nesa setured FNrtby w 1o permil ssid iNORTGAGORS to receiv~ and va~ H or any part thereof fo~ otF~e~ pwposes, withoul theroby waivinp o~ in+p~k-
ing anY pvity. liee w right ur~de~ or by v4roe of this mort~a~e; ~nd io ~M ~ve~~ ~~d MORTGAGORS sMll fw N+y ns~on fail to kNp th~ ~aid pnmi~a w
insured, o~ fail to d~liver pranptly ar?y of uid policies of in:urance to said MORTGAGEE. a f~il promptly ~o pay fvlly u~y preneium tMnfw a in ~ny
respect fail to p~rforrty diuharqe, execute, effect, compkte, comply with ~ed ~bid~ by this covtnsnt, a anY psrt Mrwf. said MORTGAGEE ~n+y pl~ ~+d
paY for sud? irouranc~ ot tny pirt the~aof,without waivinp or aff~ctiny ~nr option, li~n, equiry, or ripht undM or by virtw of 1hA Ma19~. and fhe
f~ll smount of eath ~nd ~very such paymeM shall be immediately dw and payaW~ u~d shall b~sr interat from th~ dat~ tiK?eof until psid N tM rat~ ol
n;ne per cent~m per ~n~um and to~ether with such interest shafl be secvred by tM I'~sn of this rtwrtp~t.
4. To parmit, commit a wffar no waste, impa;rment w de~criow~~on of said properry or ~ny put therwf.
S. To pay all and singulu the costs, ch~rges and expenses, ind~dinp • roason+ble aftorney's fN and oosri of ~batr~eta of titN. fncurr~d w p~id af
any time by said MORiGAGfE, because or in the even~ of the f~ilwe on the p+rt of ~h~ uld 11AORiGAGOR 1o duh. promPth and fu~~1? P~o~. d~~9~
execute, ~ffec~, comp:ets, comply with and ab~de by each •nd eve.y the ~npvla?ana, sp~eemeon. cond~~~on~. .nd aov.nar?n of uid promiu«y no» .~d ~hi~
mortgape sny w ei~her, and said costs, charpes and expenses. esch and tvety. ihall b~ immediately due a~d pay+bl~t whe?Mr or not tha*~ b~ notip d~
mand, attempt to colkct or iuit pendln9; and .he full amovnt of each +nd way wch payenent thall bear intKyt from tM dau th~nof unNl p+ld N tM
rate of nine per ce~tum per arn~um; and all said cosn, charges and expenses ie?twnd a paid. 1op~ther with wth Mqtpt. ~hall b~ sKUr~d by fh~ IUn Of thi~
mortpsy~.
6. That in the event of any brc~ch of this Mortgage w default on the psrt of ths MORTGAGOR, or (b) ln th~ ~wM +oY of ~+~d swn~ of ^a^~Y
herein referred to be nW promptly and fvlly paid within thirty (30) days nex~ after the same severally b~com~ dw u~d p~y~b4. without dMnand 0? noHq.
or (c) In tM event each and evcry the stipulatio~s, agreements, conditions and tovenanb of Nid pfOinltf0?y IW1~ ~nd tlw e+ortq+0~ ~^Y a ei~ha an no1
iuly, promptly and fully performed, dtuharged, execvted, eifected, compkted, complied with and abided by, tIMf1 in litMt 01 ~f~y {YCII ~VM1 tIN Nid ~
gregate wm meManed 'en said promiuory note then remaining unpaid, with interest acuued, snd all mon~ys Mtvnd. hu~bY. sM~~ batom~ dw Md P~1~'
able forthwith, d fI1lfNfiH. at the option of said MORTGAGEE, ~s fully and completely ~s if atl of th~ s+id ~un~a of mawy vwr~ orpindly stipulated
to be paid on such day, anything in sa~d promissory note or in this Mortyage to the contrary notwithsbndirgs aed fhKN+Pon « tMnafM~ N iM oPtion of
se~d MORTGAGEE, without notice w demand, suit at law a in equity, ~heretore or tM~reaftei bquq, May bt pro~cut~d a~ If d~ moMYs :Mtw~d 1~r~bY
had matwed pnw to iri institWion. -
7. That in ~he evenr rt,ar ar the beginning of o. ar a~y fime pending any wit upon this M«tyay~, or to,lonclw~ k, o~ to nform M, w fo ~nfora
payment of any clsims hr~eunder, said MORTGAGEE shall apply to the Co~rt havirg jwisdiction therwf fo? th~ ippoiMmMf of ~ RKt~vK, wdf Gourf iFM~~
Fo~thwith appoinf s receiver of sai~ mwtgaged prope?ty all and singular, inciudug all and singul~r iM Gfoom~, profit;, tswM ~nd rewnwa fran wMtwK
source derived, each and every of whKh, it being cxpressly understood, is I+~reby mortg~ged a if spec~fiutly ~et forth ~nd ei~wiad h thi p~~ntinp u+d
habendum ctauses hereof, and such Receiver shall have alt the broad and effectivs funct~ons ar~ pow~n in ~n~rwit~ erMrutt~d by ~ CouA tp ~ R~pivK. ~nd
such appointment shall be made by such Court as an admitted equity and a matter of absolutt riyAt fo sak! MORTGAGEE. and withovl nfK~no~ lo th~
edequacy w insdequscy of the vstue of the p.operty mortgaged or to the sWvency w inwlv~ncy of s~id MORTGAGOR a t!w d~f~nd~ntf, and Nuf weh
re~rs, profiri, income, iuues and revenues shall be applied by such Receiver atcordinp to 1M IiM or puity of Mid MORTGAGEE and tiN prattie~_Of svch
Court.
8. To duly, promptty and fully perfwm, discharge, execute, effect, compkte, canply with and abid~ by wch ~nd ~wry th~ stipulatioro. ap?NnNnt~. ~
condifions and covenants in said promissory note a~d this mortgage set forth. ' • •
9. ihat in the evem the owr?ership of the mo?tgaged premises, or any psA the~eof, becanes vKtd in a p~rwn otlkr NNn fFN MORTGAGOR, th~
MORTGAGEE, its wccessors and sugn:, may, w~~hout no~ice to the MORTGAOR, deal with such sva~swr a M+cshsa in int~rat with nf~nna ro.thu
morrgage and the debl hereby secured in the same manner as with Mortgagw witfiout in a~y way vitiaYug ot distMryl~p tl~ MortqapOn' Il~bility Mr!
under or upon the debt hereby secured. No sale of the premisei hereby mortgsged ~nd no fabttr~np on th~ put of fh~ MORTGAGEE or hs ~uooasas
or a:s~gns and no extension of the' time fw the paymem of the debt hereby secured yiwn by IM. MORTGAGEE or its s~xdafon or ~sfipM, ahaU ap~rab
ro release, dischsrge, modify change or affect. the wginal liability of the MORTGACaOR hereu~, either in vrlwb or In par1.
10. It is specifically agreed that time. is of the essence of this contract and tfwt no walw~ of any obliqation I~ewider or of th~ oblip~tbn N~
curad hereby shell at any time thereaher be held to be a waiver of the terms hereof ot of the instrwnent aecvnd harby.
11. In addition to the fwego:~ monthly payments of princ'pal and interest required by the promiuay ~Ote setured hereby, motf~~pot Cown~nb
and agreea to pay to mortgagee with each monthly payrnent an addi~ionsl aum estimated by mortgsyee fo be equal M 1~1Q of the annwt tost of tM fdlow-
ing:
A-All real property taxes kvied w assessed against the above desaibed real estate.
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improwm~nri s'itwt~ ~1 th~ abov~ d~wib~d prMnNp.
C-Premiums on such mortgage guaranty insurance as mortgagee shall from time to time deem fit to ur~y on tlw Iw~ setur~d Mreby.
f Mortgagee shall from time to time notify mortgagor in writing of the amount due snd psyable Mreueder and NKh svrn sh~~l thltlupon b~ dw +nd
j Fayable on the due date of the next monthly payment and each successive month thereafter until mwfgapee fhall notifp morfgagor of ~ thatp~ In wth
amount. Such sums shall be applied by mortgagee toward the paymeM of real property fsxes, inwtsnce premiums, and mortp~p~ puarMfp inw~antt
~ premi~ms.
E IN WIiNE55 WHEREOF, the said MORTGAGOR has hereunto xt his hand and seal the day uid year fint ~iOr~id.
E
, Se kd and livcr in the prexnce of: ~
h
t!~-~z V_ r
i _ s'~? ,luh
a~
~ ~n
STATE OF FLORIDA ~ ~
Saint Lucie ~
COUNTY OF -
Before me personally appeared Rav T Fi ahar ~ ~nd
F.Ann T._ ~'i ahe1. his wife, to me well known and knawn to mt ro M
the individ~als described in and who exetuted the fwegoiny instrume~t, and ackrawledged before m~ tMt tMy sxetuted ths ssms for tM purpoas
~he~e~n eupres~ed. Md the sai~ E na L. Fi sher -
.v~~e of ths said I, 1'~i a}ia r ' . upon a sepirate and privat~
exam~naYan by me taken separate and apart from her said husband, ~dcnowledged to and befor~ me that shs exearted said irotrvment fr~ely ~nd volw~-
rar~ly a~d w~thovt sny computsion, cautraint, spprehens~on, w feu of or from her s+id Fwab~nd.
WITNESS my hand and officisl ~eal this ~Gf1+ day of 8 A. D. 19~~
Notary Pubtic in Md for th~ State of Fbrida at larp~ -
._.~'•aii*AfF,t. My CW1YD1~{IOfI fxPMMi - .
:
Retur~ Tw '
Fint Federsl Savinps d. Losn Association Np{~ S~}~ p{ ~j~
• -
Of Fort Pierce. . •_t ExpMes Se~. 23. 1969
Fort Pierce. FI«ida 1 v is~M~ b~cM fln l Cnr~Mf G.
C
F1LE0 ANO RECOROED : , ' ; , .
ST. lUC1E COUNTY. FLA. - =
. R~CORJ VERIFIED - ' o = :
J ~
~59498 ..'w.j . . ,
,~~r;•~ ~
.
'67 AUG 28 AM 9' 42 ~ s,,.~_;
• ~ `~~o~~N,«~~''~
~.'/~LT%~t
C'u .
CLERK~CIRCUIT COURT BOOK 16~ FAG~ 207V ~l~
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