HomeMy WebLinkAbout1294 To plac~ and oontiiw~w~sly kNp on th~ bvitd;nat ~aw w l~.eaftu sitwH on ~aid I~nd N+d on ~II ~qvipnwnt and pK~on~ly covK~d by Mis ~p.
ap~ w~tl? ~U pt~?iw~4 ~Aawn ps~d in full. f~n insw~nc~ in tFr vwal sundrd policy fsxn~, ~ swn apprw~d b~r tM MORTGA(iEE~ a~d wtr~torn~
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inwrana in tM uswl itu~dard pd~ fa~n. in ~ swn ~pprovd by ~ht MORT sIIGEE; in wd~ company or oo~+pani~s a tM MORiGAGEE n++r
dinttt ~+d all (k~ and windswrm intwanp polici~ on ~ny of aaid build~nps, ~ny inMr~st tlw~in w part eF~wf. in tM pqrepaa sum afor~taid w
N ucaas tirr~e(, shall contw+ H» uswl uandard :nor~pe~e daus~ ar ~~ch ahM cl+v~ a th~ INor~p+~ ^~+Y nquK~. ~wlirq tM loss vnda uud pdi~
ws. NcA ~nd ~vs+y. WYaN! b uid MORTGAGEE as itf iM~+est may ~sar, snd Nch ~nd tvNy suth policy ~h~U b~ promptly sa.yMd a~d dNivMed M
+ny h~ld by s~id MORTGIIGEE u fwtha ~scwitp w s~id mo~t~ap~ deW. +od. nW laa th~n tN? (10) daps in dvana of 11+~ ~:pi~atan of ~ad~ policy. ~o da
i~wr ro s+d N~ItiGAGEE ~ rsn~wal d+Keof, rop~thM with • nc~riNt (or N+e pn~niwn of wcA .~newa~: and iha~ shatl b~ no f~» a wiods~orm inswN+a
pt~ad on ~ny of s+id buildinps, aey intKat thxas+ or put ~hawf. wd~u in th~ fonn'~d wi~h th~ loss p~y~bl~ u ~(o.~~d: a+d in tA~ ~vant any swn
of nwnsy beca+wa p~yaW~ wde~ wd+ poliey w polici~s aid MORTGAGfE sMll Mw tM op~~on ro receiw and ~ppfy tM sam~ on arovnt oi t!~ ind~btsd-
~xa s~cw~d her~by o? a paenit said MpRTGAGORS w receiw and vs~ it or aoy part the?eof fa a:x. pwposes, w~~hout tAe.eb~ waiYin9 or anpai.-
k+y a~ryr puity. liee w riphl w+du or by virtw d this mort~~s and in IM ~vee~t s~id MORiGAGORS shall fw uh? rtason f~il b keep ~M wid pnmis~s w
inswed, w fail b d~liva pramptly any oi said poficies oi intur~ne~ ro u+d MORiGAGEE, p tail pomptly to p~Y iully any Fv~mium tha~fo~ o~ in ae~
nspea fail b q.f«n~, dischar9e. ~x~cut~ effac~. compl~t~. compfy wirh ae~d ab;d~ py tA;s co~r~n~nt. w any par~ hN~of, wtQ MORTGAGEE m~y pl~ and
p+Y fa sucb ieawanu or any Put the~eof witiaut walvinp a~ffed'wq ae~y optioR, li~n, puwty. or ~iyht v~+d~r a by virtw of thii Mo~tQap~ ~nd iM
tu!! an,ovnt of e~ch and wery such psyen~ru sMll b~ inreedNt~ly dw u+d pryaW~ and sh+ll Eea~ intetas~ from tl» dab ti~sreo! untU paid M th~ raN ol
niro p~t centwn p~r ~mum and to~ethe. with wcA intaest sh~ll b~ s~cw~d by th~ li~n ot tiw mor~y~pe. !
To permi4 oonrnit or wffa no wuq, imP+'wment a d~teria~tion oi said prop~.ty w any prrt thaeof, t
~
S. To p~y all and tinpular tM~coats, cMrqes arid ~xpenses, indudiny a reasonabl~ atrorney's fe~ and cosq of absnacts of titl~, incwr~d a pa~d u
•~y tim~ b~r s~id MORTGAGfE. b~ca~+~ or in t!K ~wnt of r!~ failun on tM put of tM ~a~d MORTGI?GOR to duly. p.anptly a„d tvtly p~.lonn. dwchu~ #
execvt~, ~ifect. oompt~~~. ~omp1Y with and ab:de by ~ach and wery :h~ ttipulatioro„ ~ynernent~. conditiom„ ~nd oovsn+nn o1 s~id promissory nah and thit }
mo.r~sp~ ~e~ w s+~hsr. and sa7d cos?t„ chupes and eape~res, e+ch and ~very, thatl b~ imnxd'wtely dw ~nd payabN: whethN or not tAe.~ be noric~ ds ~
mand. ~ttsmpt ro colkd a wit pend'ing: and th~ (vll aneow?t of sac)~ ~nd wery such p~rme~u shsll bear iraer~s~ fron? tl+~ daq thersof vmil paid tht
rate of ~irK per eee?tum par ~nnwn; and ali ssid cdsts, chu~ and expenses incured or p~id, taptth~r «;~h wch 'wuaat shaU b~ s~csx~d b~r tM lise of tFw
"+u~ya~~.
6~ il+~t (s) i~ the ~vent of ~ny breach of tNs Matg~ a defavlt on th~ put of the MORiGAGOR, or (b) in the ~~v~t ~ny of a~d w~ns of morwy
hetein r~fKr~d ro be aa prompty u~d fuly p~id wirhin tt~irty (30) days next aftcr tlw :arne seveially become dut and payab'~ without deenw~d o? notice,
or in tM ~vNft each u?d w~ry tM stipu4t~oro. ~9.~aments. conditions and oovenants of sa~d panissory note ~+~d tl~s na~tp~y~ a~r or ~i~hv u~ nol
ivly. pron~uly and fu1M perform~d, d~xMr~ed, ssecvted, effected, canpleted, complisd wi~h and ab~dcd '~y. ehen in e~ther w ~ny wch w~nt tlw sa]d a~
QreQate swn mu~tia+ee! in said ~»omisso~y nots shen rem~ininp unpaid, with interat xuued, and all ma~eys ascu~ed I+ereby. shdl bec~ane dw and WY~
abl~ (orthwith, a thereaher. ~t th~ option o! said MORiGAGEE. ~s fully snd compl~rely as ii ~II of the said wms of mw~er wtre a'g'uwlly s~ipubted
to be pacd on such day. anythug in ss~d prom~uory raro w in this 1No.tgage ro ~he cor+?.a?y notwithst • a?+d rher
anding, eupon w the~e~ftM at rh~ op~ion of ~
sa~d NWRIGAGEE. without notic~ w den~+dr wit ~t lawr or in eq~ity, the+efa~ or thereaher be9w?, mar be prossc~ted as if all moneys s~wrsd I~eby ;
i
had mitured p~ql fo ib institution.
7. Tha~ in tfr ~vent tF~at ~t th~ begirw?;ng of w at any time pend'.rg aoyy w~t vpon tha Mo.tyagc a to fo.eclos~ A, a!o ?eform tt, o? to enforq
paymeet of ~ny da~ms herwnder. aaid INORTGAGEE sl++ll apply to the Courl hsving jw~sdktion the~eof fa the appantmenl of ~ Recciver. wc!? Cou~t ~11
fwtFiwith ~ppoim a receiver of ~aid mortgaged property all uid sing~l~r, irKludug all and s~ngut~r ~he ;ncome. protits, isw~s sed reverwes irpn wMtever
~owu dai.af. .:r.3 rYr.ry of whKl~, it being aepreuy understood, is he+eby mor~gaged as if specificaly set forth ~nd dexribed in ehe qrsntirg and ~
habendwn clauses Iureof, and such Reuivcr sh~tl hivs ~II the bro~d arrl effecrive functqro and powers ie anywKS entr~sted ,by s Cowt to a Receiver, and
:uch appoinfinent shatl be ,nsde br wd, ~owt a an adn„tted eyu;ry ~„d a ma~re~ oi absdute ?iglu ro said MORTGAGEE, am! withoui nfaer~ ro ths
adequ~cy a i~?~dequaey of tl+~ ralw of the properry matg~gcd or b the savency a inwlrency of uid MORTGAGOR a the defenda~n, and tlut wch
renra, profin, income, isaues and rwenues shall b~ aFp4ed by suct~ Reccire~ +ccord~ny to the lien a eqviry of aid JtWRi6AGEf and the practics of wd?
Court.
8. To d~fy. promptly and fvlly perform, dncha~ge, e:ecvte, effM, cwnplete, complY wirh ~nd abide by exh and every the stipulatiora ayncments,
conditions M+d cove~?n ~n said promissory na~ ~nd ~h~s morrgage k~ forrh.
9. ihat in the event the ownership uf the mors9+9~ P~emises. or any put tt+ereof, becomes vestcd a pr. wn osher than the MORTGAGOR. t~.:
MORTGAGEE, iy svcceuon u?d su;y~s, ~,yy, ~,,,;~hout not;ce to ~he ~y~pRTGAOR, d~al with such a?aessor w successor in ;nterest with reference w tlw
mwtgapt and the deb~ hereby secwed in the aame mamer u with Nlortgago? without irt any way vitiating or dsch~ry-ug the Mwt~agors• liability hera
under or vpon t!a deW hereby a~cv~ed, Ne sale of the premises hneby mortgsged ud no fabesr~nce on fh~ put of IM MORTGAGEE w ib suaessors
ar auigns ~nd no extension of the r'rrro fw the paymem of the deW hereby secwed yiven by the MORTGAGEE or its sucussors or assipns ,hall optrat~
to rekau. diacl~uy~, mod'fy charge o~ ~fiect the orig~nal Iiab~Gty of rAe JMOR~GAGOR he~ein, either in wlwle a in part. {
10. 1~ Is spec~PKaliy agrced that tirne u of the e~sence of th;s ca?tract and that no waiver oi u~y oblgatan hsreender or of the obiig~tion ~e. `
c,;red hereby sl,au any ~;me ~hcrcaher be held ro be ~ wa~ver of the terms hereof a of the instrument sewred herby. ~
I1. In add;tion to the fwego:ng memhly paymenq of princ:ql and inrerest requ'ued by tne p~an~uwy noer secvred hereby. martg~gor cnvenany ~
, and ~grees to pay to mortgegee w~rh each ma+thlY paYment an add;i;ons! sum es:7mared by mortgagee ro be eqwl b i/12 of the annwl cost of the folbw- .
;~y:
A-All real property uxes kvied a assessed agai~st the sbove desvibed real estate.
B-Premiums on fire and windstorm ins~qance as herein reqv~red to be curied on 11+e improvemenh situate on the a6ove descri6ed premises, ~
C-Premiums on such mwt9age 9wranty inwrance u mongagee st~tl iran t~me to ti.ne dearn fif ro carry on the loan sea,red hereby.
Mort9~gee shall from time to time notify mortgagor in writing ef the amount duc snd paysbk hereunder and such wm shall thereupon bt due and
paYsble on the due date of ~he next monthlY payment and each svccessive month there~fter u~ril mortgagee shall notify nwrtgagor of a charge in wch
amount. Such surns sha11 be applied by mortgagee towud the payment of real property ta:es, inwrance prem:ums, snd mort9age 9uaraMy inwr~
Premiums-
IN WITNESS WHEREOF, the said MORTGAGOR has herounto set his hand and se~t the day and yesr fint af esaid.
S~pnet~ Saa ~nd de!' in the presence of:
, ~
4
n
;
TATE OF FLORIDA ~
courm oF _ S t. Lu c i c,
sefwe rr» penauUy ~ppearcd How9rd T l'rc~url+
_ and
his wife to m~ well known and known b me to b~
rhe ind'widwb d.saibed ie and wFa executed t fwegang i~+srrumem, and acicnowledged befo.e me fhat tl+sy exawted the sam~ fa th. purposes
r~?~, ~w.,,~a. a,a JoQ~e U Crouch
w~f~ of tM wid ~OW T~[] T Crou h vpw~ a aep~raf~ ~nd pivaN
examinit;on by rn~ taken separite and apart from her said husband. ~ed to and befwe rne that she e:ewted sa;d i~ntrwnent freety and volwr
~y
tarily and withovt arqi compubion, cantraint, apprel+ensio,Q~or fex of o~ fran her s+id husba~d,
WITNESS my Mnd and offiaal seal this ~y ~
A. D. 19~
Notary Pu in ~nd for the State of FbriAa at lu~
Retwn To: Mr e~a'
t
F'Yff f!dlfal Sivings ~ Loan AtsOCisYwn ~jO~L(y ~K. S~f! Of pOflai i~ ~t ~
Of Fwt P:erce. ,',',r .
Fort Pierca FI«ids ~
; ~ ~ i.1 • : ~ ~OQt~tSf100 ~K 6. ~n
: ~ .j',;, i4v~M w? Aer~er F~ ~ ~+~r1? C~Y
• ~ ''•'c ' FILEO ANO RECORQED
_ . .
Z~ ST LUCIE COUNTY F
y: RE~ORn Vr JFt~ LA.
o f ~ ,`J - ~,1, o
~ r''~'• ? ' ~ '6l D~C 6 AN 9 : I
~ ' ' 8
.,~•..ti..;:. 162356
~~%K~.:;?~'~'~~ ~ ~ 1
dCOi(~~~ FAGE1~~~ '~'1-~E~,. ,-~~7r~t.S
CL~RK CIRCUIT COURT ~
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