HomeMy WebLinkAbout0293 To plaa sad conrieMiw,sty tetp on ~h~ pu:!die~ps now w ha~sirp si~wt~ on ~:d land +nd aN equiprn~ne ~nd pKSOna~ly cover~d by Nw nw~tQ.
p~, wis:~ atl prsesiurns the.~on p~~d in fult, fue in~w~nc~ ;n ~M nwl turda~d pol~cy (orn~, ~n ~ wm aForov~ed p~ th~ MORIGAGEf, and winds~o.~n
ieawanct in ~M viwl Nandud pol~cy iwm, in • wn? ~rovod by ~M 1NORTGAGfE; in wch canpany w con+pani~t ~t t!w MORTGAGEE m~y
d~r~ctj and all Pu~ and w~r:~~wm iniwancw p~IK~ on any of s~~d buitd~np~, aay ir?~eni~ rM.s«+ or part ~M.wf, in rM +~qre9+?~ wm ~for~u~d a ~
N u~c~ss ~hcreof. shall confain tl~ vswl standa.~ mor~9a~a+ dsus~ w such o?M. clavs~ a ~M Nta~p+ps~ m~Y ~~yv~n. makaq r1+~ ba .ind~. sa;d pdt- i
d~s. ~acA +^d ~vwY. Wr+~s w sa'~c+ AAOR:GJIGEE as in imcr~st rn~Y apptar. u~d eacA u~d ~vsry i~ch pol~cy ihall b~ pompty ass.9~ed and de~ivered ~0 4
~ny h~ld by s~id MORiGAGEE ~s (wtha ~ecv~ity ro a~id mort~s~e dtW. and, not leu than 1en (10) days in srlvanca of t!k e:piration of each policy. M da f
liva to a~d MORiGAGEE ~ renewa~ tAeroo(, to~~ha wirh a nte:pt fp t!w pr~miwn of svch r~wal; and tt?t« shall ba no iir~ ot wi~dstam inswNK~ ~
plaad on any of said build'e~g~, ~ny interpt thKea~ w part tl~eof, ~nl~u in tM forni and wi~h tM loss payabl~ u ~fwsaid: and ~n ~M ~w~?1 any swa ~
of naney ba~anp pay~ble wder wch policy a pol~ciss said MORTGAGEE shati Mvt tM op~~an a~eceive and appty t1N u+n~ on account o1 tM ~~bred~
ewu ~cwed haeby a w ptrmit sa~d MpRTGAGORS ro reoeiw and vs~ it p ~ny pa.t tAereol for o~her purE+ose~. w~~hout th:teb~ waivi..~ or ~mpa'a-
i~g u+Y pv~ty. lien or rghl w~der or by rirn,~ oi tMs mort9a~e; and in tM ~we~t s~~d N10RTGAGORS shaU fo~ aoy r~ason fail ro keep d+. ~a~d p~eeuus w
inswed. o~ fatl b detiver p~anptfy ~ny of said polic+es•of iniurinc~ w siwi MORTGAGEE, w fail pranptly ro pay fully ~ny pre+n;vm thersfa or ie any ~
nspect f~tl to pe~fonn, d~uha~q~, execut~, ~fiect. compl~te, compty wirh and ~bid~ by thh covcnant, w ~ny pu~ hcraof, a~id MORiGAGEE may place ~nd ~
P+Y far tud~ inswanc~ w ~ny put thereof without w~hrirg ot dfsctinp ~nY aP~~w4 I~tn. ~VvitY. w riyht undtr a by rir~w ol this Matpsp~. and ~he }
ful! rnour?t of sach and ~ve~y wch p~yment fhall b~ immedi~tely dw ~nd p~yiW~ and sMll asr ir x~~st from ths d~t~ thereof vntil paid at tir ra~~ ol
n~ pu cenrum pu anrwm r.,d toge~hcr wish wch interest shall b~ secwed by tIN IiM of this matQy~.
To permit. oann?it or suffa: no wut~. impakment w dcterioration ef said property or ~ny pwf thereof.
S. To pay ~II and wg~lar th~.costs, clwrqes and expaues. ir?clud+nQ a reaaonabl~ atrorney's fee and cwts of abstr~cts of title, incwred a paid ~t
•ny ti~ne by s~Fd MORTGAGEE, because or in the event of the failurs on the put of tM ia~d A10RTGAGpR to d~y, promprly ai,d iutiy perforen, d:uMrgR
~:ecute. effecl. oanp4te. canply w~th +nd ~b:de by cath u~d wery the itipulatwna, agreemcnq„ co~+eJitions a~d covtnants of said promiswry no~~ and tHia
matgaQ~ ar~ a r~~ha. and ~a=d costs, cha.9es aod eaperrea, each and eve.y. sM1I b~ :nmed~a~ely dw snd payaWe: whcthe~ or nof M~ve be notKi ds
nw+d. attempt w colkct w wit pad~nQ: uxl tM full arno~xd of each and every svch p~ymem shall bea. interes~ fran the date 1F~eof until p~~d a~ the
rale of rw?~ pe~ centum pe~ Mawm: a~d all said ocs~s. thuyta and eap~nses :ncwred p paid, topetlwr w~~h wch inter~st, shall b~ secu~ed by the lien of thii
mOt•p~e.
e. That in the evee~t of ~ny bre~ch of this Matg~ge a default o~ t!r part of 1M NIORTGAGOR, a(b) in tha ~vent ~e?y of s~~d sums of ma~sy
Iwein refe.red fo be ~ pomatry and fully paid wirhin rhirry (3p1 days r,exe af~e. ~he sa,ne sevesa'ly becane due ~nd payable, without dea+s~d w ewric~,
p(~ in the evenl each and every ?he st~pulatloa~ sg~eemenb. cond~~ions .nd coven~~n of as~d proenissory note u~d th:s mortgage any a ei~her a~~ na
iuly, pranpdy and fu11y performcd, d~sch~rged, e:ecuted, effected, comp{eted, compGed w;~h ~nd ab~ded by, ~hen in eithtr w any :uch ev~ent the asid a~
p?esa?~ sum r+oe+uiaxd in said promissory note then re.rsini.g v~?paid, wirh in~cres~ accrucd. aad all ma~eys secvred hereby. sh+ll become dve and p~y~
•bie forthwirh, w fhe.e~fte~, at ~he opt~on of u%d MORTGAGEE, s~ futly and camplete!y as ii all ot the said sums o( ma~ey were orgin~lly stipulued ~
ro b~ pa~d on such da~. anynh~ng in saad prpiruasory opte or in thia JNw/gaye fo /he ca~truy np!withstanding: and thereupon or the~eafta at the opeion of
said lNORTGAGEE, wi~hout notKe a ~kmsnd, wi1 at Iawr w in eauity. there(orq w thareafier begw~, may be prosecwed u if sll moneys secured hereby
h~d matured ptqr to iri institution.
7. Tt»t in the event th~t at the bcginn;ng of or at any rime pendirg aoy wit upon tha Morfgaqe, or to fweclose it, or ro refam i•, a to e~fuca
pay~nent of s~y dsims hereunder, said 1NORT~,AGEE shall appiy to the Coun luving jw~sdK~~or? thereof (ar the ap~w~ntmenl of ~ Receiver. such Court sha{I
fatliwirh appoint a receiver of said mort4aged propeny all and sinputar. includ~rg atl and singutu the iocar.e. pufin. issves ind revrnues from vrhatever
towce derived, e~ch and every of whKA, it being expressly understood: is Aereby mw~gaged u if spec~fically u~ for~h and desu~bed in the g~an~irg and
1+abenrhun clavses hereof, snd such Receive? shall have alt the broad and efiec+~ve funce,ons and powcrs in anywise ent~usted by a Cowt to a Recciver, and
such appointmenr sha!! be made by svth Covrt as an admitred eqviry and a?na~rer of absdute rght ro said MpRTGAGEE, u?d without refrence to the '
adequacy a in~dequacy of ~he vatue of the property mo.r9sged or to Mz sosvrncy or ;nsolvency of said MpRTGAGOR o. the dei~ndants, and that such f
~en», profits, income, issues s~,d revenues sl.~tt bs ~ppi;ed by such Receiver ~ccwdiny to the lien w pviry of said MORIGAGEf and the p~attite of such ;
Coutt.
8. To duly. promptly sod f~IIY PNF~+. ~~~ge. execute. effect. complete, comply with u~d abide by each and evcry tF?e stipulatans, agreemenri,
conditio~s u?d cove~+r?ts in sa~d promissay note and this mortgage set forth. s
9. TFut in the event the ownKS1?~p of t1~e mortgsged p~emises, w any put thereof, bccomes westrd in a perwn othe~ thsn the MORIGAGOR, ths 1
MORTGAGEE, ib succeuws ~rd ~uigro, may, wi~hout notice to the MpRTGAOR, deal wi~h svch successor p successa in intc~est with refera+ce to this ~
matgage and the debt hereby sea.-red in the same manner u w~th fYlwt~aga w~!hout in sny w~y vitiatirg or d~schargi~+g the Nbregagws' iiabit~ty here.
vrwler a vpon tAe dcbt hereby secured_ No sale of the premises he,eby mortgaged and no fabear~nce on the psA ol the MpRTGAGEE or in successors
a auigns snd no extension of the !;me tw the psyment of the debt hueby secured given by the MORTGAGE~ or its successws a su~gns, sfiall operate
to release. dixharge, modify chaoge a af.'ect tne wiginal liab~l:ry of tAe MORJGAGOR hnein, either ;n whok w in put_
10. H» specif;caAy agreed that time is o/ the euence of thK tonvact and that no waivp of sny obligatwn I~ereunder or of the obligatan so-
r~! hereby tMll rR rny r~ rh..~afi.. be I,etd to be a waiver of the terms hereof a of the insrrwnent secwed herby.
11. In addnion to tFK fosego:ng rtwmhlY paymrnts of princ'pDl and interest ~equired by ~he promluory note sen,red hereby, mwtgsgor covensnts
. and agrees to pay ro mo:tgagee wilh each monthlY payment an add:rional sum est;mated by mortgagee to be equal to 1/12 of the a~nwl cost of tFk foliow-
ing:
A-All real propeny taxes kv~ed or asxssrd aga~rnt the above described real estate.
B-Premiums on fire and windsrorm inswance as here~r •equ:red to Fx curied on the imp~oveme~ts situate on the above described Rremises_
C-Premiumt on such mwrgsge gwranty inswance u mwtgsgee shall from t~me to tune deem fit to qrry on the losn secored hereby,
Mo?tgagee shall from t~me ro t~me not~fy morfgagor in wr;t~ng of the amount due and pay+ble herevnder and such wrn ihall thereupon be due ~nd
psysble qn the due date of the next monthfy paymeot and exh wccessive monrh thereafter w:til mortgsyee shsU nof~fy mortgagor of a change in wch
ama+nt. Such u;ms shall be applied bv moitgagce toward tFK payment of real propcrty ta:es, inswance ptem:ums. and mortga~e guaranty insurance
p~emiums.
IN WITNE54 EOF. ~he id MORT GOR has he?eunto ut fas hand and seal the day y~d yesr fint aforesaid.
Sipr~et~. Ssal in t f: e/'~
yl/.
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_ (Se~O
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STAtE OF FLORIDA
COUNTY OF ~~Pi e _ #
e~ro.~~a,.o~,ih,~„~d Roger AydelottP ~
Graee Avdel.otte~ h;, w;fe, to me well krawn snd krawn to me to bs
N?e indindv~h dexribed in and who rxec~ted the foregoirg instrument, ~nd ~cfcnew{edged be{we me that they executed tl~e sarree for the p~rrposes
exwes,ed. ,y,d the G ra e e A y d e 1 o t t e
„~re o~ ,h, ,,;a _ RoAer Avdelotte
ezaminatiw~ b rru ta4en ~pw~ sapi.ste ~nd pilrare
Y s~P+rate and apart from her ssid husban~. sckrwwledged to snd be(ae me th~t she executed said iwMime*~t ~rs~ y~jfq~ volun-
fuily ~nd witlavt ~rqr compulsion, constrsint, spprenension, p feu of or from her ssid husbar~d ' •.`vcl~r~ ~i.
WiTNESS my hand and official seal thi:~~~,~~, day of November
_ ~y„~a .~6 ~ ~
Notary Publit in ard for fM S~afs-'o~ ffOrid~ 7f 14t~ -
Retvm Ta My Commiuion e:pires: / a..yrr ~ ~ : _ ~
MOTARr NItUC. STATE.OF~~pB AT `
F:nt F~dersl Ss~'v~gs ~ loan Assoc;at~on MY CpMMtSStpN EXP}R6g
Of Fo.t P~erce. *MR ~ 39~l.
aoMOCO ouaM FRCO~IM:-qh,s'iEt ~ .
Fort Pierce. F:ot:da ~F
F~~Ep AND RECOROEO IL~ ~I 7/ ~
• TY. FLA. / '
ST. LUClE COJN ~
4~~rn~;) VE~IFl~D ~
i61'726 ~
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'67 - NOV I 5 PN 2: 92 ~ ~
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CIERK CIRCUI? COUR7 aQ~1~ p~ z~~
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