HomeMy WebLinkAbout2970 1. To pl~u ind contiauously keep on tM buildinqs now w hereah~? utuat~ on s~id tad ~nd an dl puipnwnf and pa~oiwlly townd by 11~N nwrq~
~gs, with a!! pr~mivms th~~eoe pa;d in full, fire insuranc~ in tM uwsl st~ndard policy torm, in a twn aqxowd by th~ MORTGAGEE, and wind~iwm
insu~~nu in th~ uswl standa~d poliq fam, in a sw++ +pproved by th~ MORTCsAGEE, in wch comp~ny or owepa~s q/M MORTGI1GfE inay
d~rect; and ail t&~ u~d wu~torm insur~ner policies oa any of f~id IiVlldin~~ My (ltl*fyi flNffiR Of pift 1II~fWf. M th~ pprpay w~ ~for~id w
in excess thereof, shall contain the uswl standud ma~gagee cl~~s~ a wd+ alw~ clau~ a tM Mwtp~ m~y nqvir~ nwAfnp N» loa wdM said pol{•
cies, each Md evKy. p~YaW~ to said MORTGAGEE ~s it~ in~erest may ~pp~ar, and fsch and ~ve~y tuth polity shaU b~ p~omptly au:pn~d and d~iiwnd te
er.~ held by ~aid MpRTGAGEE as fwther ucurity to iaid mon~a9e dsb1, ~rxl~ not I~ss thu~ tM (10I d~ys in ~lvanp of tht ~xpir~tion of ~ad? polky, b d~
I~~e~ ~o taid AhORTGAGEE • rsoewal thereof, topethN with a receipt for tM pnmium of wch ren~wal~ and tiwn ~II b~ no fir~ w windstonn kawanq
placed on ~ny of ~id buiWirgs, ~ey inre.es~ thae;~ a pu~ thereof, vnleu in 1M iwm ~od with th~ losf p~y~bl~ a~fonsald~ and In th~ ~wnt w+y swn ;
of moMY becornq payabl~ w~der such polky o~ polica~ uid MORTGAGEE shall h~w rFw optio~ ro natiw wd ~pply th~ sw~e an ~ao~nt of tM in~Mbad~
neis sec~red t~~by o~ 1o permit said MORTGAGORS fo receiv~ snd us~ N w any put ihereof (or othe~ pwpoits, withput tM~~by w~iviny w impak-
ing sny pvity, lien or ripht wide? or by virtw of thii mors~sye: a~d in tM ~vent said MORTGAGORS sMll (a ~ny haw~ fail fo k~ep th~ Nid {x«ni~a ~o t
~~.u•ed. o? fsil ro delivN prompHy aoy of ssid pol;c~es of iniurai+co ro said MORTGAGEE, o. t~n ao~~h ~ ar w~M +~r a~•~+~ th~rfar a M any
re,pect Fail b perforn4 d~uhar~s. execut~, effect, complete, comply wirh ~nd sbid~ by this oownint, or ~ny put hu~of, aid MORTGAGEE ~nay pl~a ~nd ~
paY for tuch inwranc~ w any paN thereof witlwut waivug w affactinp anY opY~w~, li~ny aquiry, w?ipM u~xlK or by virtv~ of tAh Mortpap~. snd tht ~
f~ll amwi~t of each ~nd ~very such payme~t sh~ll be inunediaMly d~w and p~yabl~ ~nd shall baa intsrest fran t!N d~b tM~~of until p~W ~t tM ~~N ot '
n~ne per pntum per annum and together with such interesYshall be securod by tM lien of this mortyap~.
1. To permi~, aommit or suffa no waste, impairment w detcrioratiot~ of said propetty at am put 1Mnpi.
5. To pay all snd ~ingvl~r the costs, charges and exper?ses, inclvdinp a ressawbk al~omey's fN and aoa» of ~bsh~tN of titb, ~~d p ptid ~f
nny time t~y sa;d IWpRTGAGEE, beca~?se w in tha ere~t of t1a failvre on the pa» of tM said MORTGAGOR a duly, pron+ptly snd t~lly pwfor~, ~chu~
execute, effect, compl~t~, comply with and ab:de by each and every the sNputatiaa, ~y~eaments, conditiorn„ and oownanh ot Nid pranistwy not~ ~nd thi~
rr,orrga~s any o? ei~her. and ia~d costs, cMrges and expenses. each and ewry, sh.n be s~h.d~.~.ty dw a~d P,r+~.: w1+.rti.. a na M.r. b~ ~twia d.
mand, attempt to collett w wit pend~rg; and the full amou~t of each and every svch payme~t sMll besr int~nst fran tM d~t~ tMr~of until p~W N!M ~
rate of nine per centum per annum; a~d all said costs. charges and expensas intwred p paid, toQttht~ with wth (nt~nst, dwll M Ntur~d by tln INn of Mit
morfyaq~.
b. That irt the eve~t of any breach of this Mortgaye~or default on the part of ths MORTGAGOR, p(b) io tM w~nt aiy of s~W nxnt of morny
herein referred 1o be not promprly and f~lly paid within thirty (30) days next afta the same severally bKwn~ dw ~nd payaW~, without dMnrnd O~ nOtip.
or (c) in the event each and every the stiputations, agreements, cond~tions and covsn~rtq of aaid prpnissory not~ and thi~ morrpapt ~ny er NM~r ~n eal
~uly, promp~ly and fully performed, d~xharged. executed. effected. completed, complied with ~nd abided by, tMe ln ~itMr o~ any avch w~nl fM s~id p~
gregate wm mentioned in said promiuory note the~ ~emaining vnpaid, with int~rest atuved. and atl morwys a~tund. h~rtby. ~t~.n b.c~,. dw ,~d ar
abie fwthwitly w theresfter, at rhe oprion of said MORiGAGEE, as fully and completely as N ~II of tF~ uid s~wn of nan~y w~n aipin~lly ~tip~l~t~d
to be paid on such day, anything in sa;d promissory note w in this N?ortysye to the contrary notwithstandinpt and tl~arpan a tMnahw at th~ option oi i
se~d MORTGAGEE, without rarice or demand, w+t at law or irt equity, thaefwe w thereaha b~pun, nwy b~ prp~cw~d w if all enornya Marr~d h~t~by ~
had matured prar 1o iq i~ntitution.
7. ihat in ths eveM rhat at the beg~nning of w ~t •ny time pending •ny svit upon rhis Morty~yt, a to ~w~clw~ h, a to nfonn k, a to ~nfwa !
payment of sny d~ims F~ereunder, said MORTGAGEE shall apply ro ths Court having jwisdictioo !he»of fo? th~ ~ppointm~nt of ~ R~dtlwr, sueA Courf shdl {
ForthwFrh appoint a receive? of saif! mortgaged property ~It and singvlar, includ~ng a!1 and singvlar tM inco~M, profits, awh Md nwnwf ftWn whatwN
source derived, each snd every of wh~ch, it being expressly undcra?ood. is hereby mw~gaged as if,sp~diiutly ~N fonh snd d~spib~d h thi ~antkfQ ~nd
habendvm-tisuses hereof, as~d-such Receiver shall have alt the b?oad and effettive funct~ons snd powtn in ~nywia~ eMnpt~d Oy ~ Court tp ~ R~piva, ind
s~ch appointment shall be made by svch Court as an admitted eQuity and a rrwtter of ~bsolut~ rght to Nid MORTGAGEE, and withouf nftr~r~q fo th~
adequacy or insdeq~aq of the value oi the properry mortgaged or to the sotvency or inwlvency of said MORTGAGOR Or th~ d~f~nd~nti, snd thN Weh
rent3, profits, uxorne, ns~s and reveoues shall be applied by such Receiver sccordir?p to th~ lien a equiry of said MORTGAGEE ~nd th~ p~~ttiq of wch
Co~rt. •
8_ To dufy, promptly and fulty perform, d~scharge, execute, effect, compkte, comply with s~xl abid~ by weh ~d ~wry th~ stipul~tlpMi, aprNn~nt~„
conditions and tovenants in said promiuory note and this mortgage set forth. ' . 4
9. TFut in the event the ownenhip of the mortgaged prem;s~y. er sriy parf thereof, becomes wst~d tn • pKwn otMt Hwn ih~ MORTGAGOR, fh~ t
h10RTGACaEE, i» succeuors snd auigns, may, without no~ice ro the MORTGAOR, deat with such wcc~ssor or ~ in interat with rtfaanc~ to Nils '
mongsge and tF~e debt hereby setured i~ the same manner as with lNortgago~ without in ~ny way vitiatinp O? diuh~ryiep tIN Morfp~pon' 1(~bllify INtf
~~der or upon ths debt hereby secured. No sate of ~he Frem~ses hereby mwtgsged end no fwb~ar~np on tM part of th~ IY~ORTGAGEE o? kf wCO~swn
or ass~gns ~nd no eztension of the time fo~ the pay+?Knt o} the debt hereby secu~ed qiwn by tFM, MORTGAGEE w its ~vtt~ssors Or sssipM„ ~If~1) opK~t~
to release, disch+rge, modify change or affect the orginal liability of 1he MORIGAGOR herein, ~ither in wl~ob or in put.
10. It is specifically agreed that time is of the esxnce of this contract and tMt no waiv~r of any oblipation har~und~~ p of tM eblip~tion w~
cured hereby sha~~ at any time thereafter be held ro be a wairer of the terms hereof a of th~ irntrumtnt a~cur~d h~rby,
i i. In add'rtion to the forego:ng monthly paymants of princ'pal and interest required by ths prom'~tfory npte secvrtd hereby, enoris~~ Cpv~Mn}~
ard agrees to pay to mortgagee with each monthly payment an addi~ional sum estimsted by mortga9ee to be eqwl to 1/)2 of N+e amwl cast of th~ follow-
ing:
A-Afl real property taxes ievied or assessed against the above desc?ibed real estatr.
B-premiums on fire and windstorm insurance as herein requ~red to be turied on the improv~m~nri sitvaf~ on ths ~bOW dewib~d p?Nnis~s,
C-Premiums on such mwtgaye 9uaranty insurance as mortgagee shall f~om time to time deern fit to ptry oe th~ loan Nevr~d 1Nr~by.
N~ortgagee shatl from rime to time notify mottgagor in wriring of the amount due and pay~bfs M+eundel ~nd fuCh Wen sIN11 fhKlYpOn b~ dw and
; ayabte on ti~e due date of the next monthiy payment and each sixcessive month thereafter until mwtpayee thsll notify mortgagor of a ehanp~ In tuth
a~~ount. Such sums shall br applied by mortgagee toward the payme.~t of real property tsxes, inwrsnte prtmiums, and mortp~p~ ~wra~ (ttwranc~
p~emiums.
IN WITNESS WHEREOF, the said MORTGAGOR has hereunto xt his Iwnd and seal the day ~nd yl~~ Mt afOres~id.
Siyned, eakd and de ' ered ' he preunce of: • '
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STATE OF FLORIDA ~ ,
co~N~r oF S~~.rlt Lutie ~ '
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sefwe me Penonally aPpea?ed _Y_almour J H~tu and Aurora C. Hetu, his wife
!~l ar+anr_w F_ RPnf'rPF? sanA MAri a R_ R~nf'Y•@6 ~ t113 Nl Fe~,;~,,,M;f~, to n,~ we~~ knov,m an~ kr~ a~~~
rhe ir,dividwb described in a?~d wFa execwed the fore9oirg inshurnent, and adu~owledged befon m~ tMt th~y ~x~uted tF~ axrw fp th~
~d~~~a. a;,d,~.~~- Au~rc~ra C. Hetu. wife of said VAlmour J. Hetu, and Marie~~
r,~re ,f t~,. ~~e Clarence F. Renfree - ;
uPo^ a sepv~t~ ~nd priv~t~
eXamtnation by me talcen separate and apart from Mer said husband, acknowledged to end befwe me th~t ahs exetuted said inatrument frKly and vol~m-
rarily and wiihout sny compuls'wn, constrainl, spprehension, or fear of or from s~id Iwsb~nd. ,
WITNE55 my hand and official seal this day of A. D. 19~1 ~
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' sry Public in and fw tl» Sub of Norida at l+rp~
My Gomrnission ~~prcq;
Return Ta • ,
Fint F~der~l Savings i Loan /lssociation `..r PI~[. S1~i p~ ~Ofl~i i~ ~gt
Of Fort Pierte. _ ` ^ ~ , ~ ~ . ~ C_~,,,., ~ra Z3. ~9~
fi!
E~ ~~'"~~19~E~ ~ t~ , r rwrnw ~qra.
Si
. ' ~ewd~d ~y Aawkw iih i Gwdh C~
s~'. i.li~~E COUNTY. F~a. - : . : _ , : ~
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~ 159558 - ~
1~7 p~ 29 AM 9:~il _
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~L~RK.ClRCUlT COURT
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