HomeMy WebLinkAbout2071 To plx~ and continup;sly kep on tn~ b~~Id~.gs now or hkeattM s~tw~e on ia~d I~nd and on all equiproset ~nd p~non~lly cowr~d by this mwp~
p~, vwth ~U pemw~ ~hueoa pa~d ;n futl, (we 1tfSV~aMf i~ +1?~ uswl sra~dard policy fwm, 1n ~ surn apyrowd by th~ MORTGAGEf, a~d wi,?duwrw
infW4K~ in the ~nwl sraeda.d puJ:ty forn~, In • sum appowd by MORTGAGEE; h wcA company or c«r.panies as th~ MORTGAGEf ~nar
diradt +~d dl f'u~ and w:ndstorm insurar~ polKies an any oi sa~d build:nps, any inttrea~ tl~~in w p+i~ lheraof, in IM +~~epafe swn ~foraa;d or
M ~acRSt ~he~eof, th~11 contain N~ uswl sandud mwtga9s~ dause a sucl~ othM daus~ ~s th~ Mor?pagq may rp~v~. en~?irg t!v lou undM ~a~d polF
aa~. Nch and ~ve.y. P+~ab1e w taid MOQTGAGEE at ~n imereit maY +PP~+~. u?d each snd eve.y iuch poi~cy ?hatl be pramp~ly ~ii 9ned ~~+d d~l~vaed ro
~nr MW by said MORIGAGEE u fw~ha~ secw:ty ro s~id mo~~q~gs dcbt, and ont (w than ~e~ (t0) daya in ~dvu~ce of tht expi~ation of eacA pol~cy, to d~.
liwr b sa7d MO1tTGAGEE a rtnewal ~hsreof, fop~~hu with a roc~~pt for tM prem;wn of iuch r~newal; and rhln alyll b~ ea fi~~ w winds~wn+ in~w~nc~
pl~ced an ~ny of said bvildirga, ae?y inte~est tM~ein a pa~t ~F+Keof, ue+leu in Hw fw~n'~nd with Ih~ bu paYabl~ » afweuid: and in tM wMt any sum
of eno~wY becan~s p+yaW~ u~da~ wch poficy w polKies uid MORTGAGEf al+~p haw th~ opt~on a receive and apply tM sam~ on accoun~ ol tM ind~beed~
~ss acwed hereby a w pcrm~~ s~7d MORTGAGORS to receiw and vs~ it a~ny pa.~ ~FK~eof la o~hc. pu~poses, w~~hout ~hr.eor wai.i~~ w unpai~-
irp any pu~ry. IiM or right w~der or by virtw of ~his mor~~e: and ;n tM even~ sa~d MORT('sAGORS sAall fw any nawn 1ai1 ~o ksep ~Iw sa',d «sn+wes so
h?iwed a!sU a d.l;~,e. pompUy .ny of sa~d polKies of insw.rw ro s.id MoaTG~?GEE, « taa promprly ro p~y futly a„y p.e~„iwrs th.r~fo. o~ ;n u?y
ntpect fail a pe.tocny d~ach~.ge, execut~, ~ffM. con+pler~, comply wirh and abid~ by th~s covenaru, o. any put 1?erwf, said MJRTGAGEE may ptae~ •nd
WY ~ wch irourancY or ae~y put thereof w~thout watv;n~ a ~ffettinp ~^Y option. ~i~n. pu~tY. or ~iyAt unda a by virtw of tlwt Mat~a~, u~d th~ •
full a~eount of each and ewry wch pay~nent shall b~ inuns~liatdy dw and p~yabl~ a~d shall bea~ If1tlfHt ff0111 tFN ~iff thcreof vmil paid a~ rh~ raa ol °
e?in~ pN ce.~?wn pN aniwm aed roge~he. w~th svcA inte.ear sl~a11 be aecured hy Me Iwn of this mar~e. '
1. To psrmit, c+ommir or wffsr no wast~. 'umeM a deta;wat~on of said - ~
~~P+ prop~rtr a any part thcreof.
S. To pay dl and sinpular tir.cosh„ charpq and expenses, intludug a~easoe+abk attpney's fee snd coits of sbstr~cts of t~Ne, incwred o? paid at
any time by said MORiGAGEE, becws~ w in the event oi ~M t~~lwe on the pah of tM ssid MORTGAGpR to du1y, prernptly and futly per(wm, duchu~
•aecure. ~ffeeL cort~ple~~. comply w~th and ~b:da by each and every the sripe,la~~ons, agreement~„ cond;tions, and cove~ann ot said promissory nW~ and thq
e+orryaqe aMr a eiehe.. and s~:d cous. charges and e:pcrrea, each and every, shall bs immed~atcly due u+d p~yable: whethe~ w na ther~ be no~ki d~ ~
n?and, aneenpt w colkct or wit pand~ng: and tha full amounr of each ~~d every svch p~ymenr sMU bea• inre.e:r from ehe dat~ thereof vnrFl piid ~he
rafe o1 nine p!r tlnlum pet an,xun; a~d all sa~d ccsrs, charges and expenses ~exvrred w p~id. toge~her with such inrerest, sMll b~ ascwed by th~ liae of th:~
e, llut in the event of any bre~ch oi this MwtQsp~ w dch~U on tfr part d the MORTisAGpR, a(b) in the event any of sa7d ~u~ms of money t
he?eir? r~fara~d ~o be not panpny and fully p~id within Ih;rty (30) days ne~~ atte~ the sams seve~all~ becorne due ~nd Evy~p1~, withou~ dem~nd p notice,
w(d in ~he event cach and ew~y tM st~putarior+s. +9reememt, coad~tiaa and coven~nrs of ss~d promiswry note and tlas rnort9a~e any a either u~ nol '
~uty. prompriy and tu~ly perfarmcd, d~scharged, executed, effected, compteted, compl:ed wi~h ind ib~ded SY. then in e~ther w ar~y such ewnt ths ~a~d a~-
WeSyet~ swn ma?tiw+ed ie s+id promissory no~e tha? remaininp unpaid, with inreresl accrued, and a11 moneys secured hereby. shill b~cane dw and p~y- !
•We fadiwitl~, w therNfter. at the option o1. said MORTGAGEE, u fulty ud compl~rety as if all of rhe said wms of money vrere a:glnally atipulared #
ro be p~id on wcA day, a~ything in ss;d prorr,;ssory note or in fhis Mortgsgc to the con~rary notwi~hsra~dinp: a„d thereupon or thereafta at tM op~ion of +
said MORTGAGEE. without rrotK~ a den.and, wi1 at lawr a in equity. thercfwe a thaeafter begun, may be proscc~ted as if all ~wneys secured hereby
had m~w~ed p.ar ro ~n ~nsritu?an.
7. ?Aar in th~ event tMt ~t the beg~ng of or at anY time pendng soy w~t ~pon thu Mo.tg~9e, w ro fweclose it, a to rof«m it, o~ ro enfwc~
p~yme~t of any da~ms haeunder, sad N?ORTGAGEE sh~ll ~ppty to the Court hsving jumd~pion thereof for the appo~ntmenl of s Receiver, such Caxt sh~It
(atliwith appoint a receivcy of said morrgaged prope~ry a!1 and singula~, includ~ng a!! and a~ngv~u the income, prolits, iuucs and revenues from whatever
wwce derived. esch and every of wh~ch, it be~ng expreasty undcrs~ood, is hercby mw~gagcd spec;ik~ly set fwth an~ dexribed 'a~ the 9?an~ing and
Mbendwn ctaus~s Aereof, and such Receiver shall have a11 ~F~e bread and effective functwns and powers in anywise entwsted hy a Cov~t to a Receirer, and
wch sppoinrment shall be made by such ~owt ~s ~n admitted eqvity a~d s rr~~te~ of sbsolute ~ight to ss~d MORTGAGEE. ~nd without reference to the
~dequ~cy w insdequacy of the wlve of rhe p.operty n,ori9~ged or ~o the savency a iowlvency oi ssid 1MORiGAGOR or the defendanrs, a~d tRaf such
renrs, profits, income, issuet ar~f reveneies sha!! be appl;ed by such Receivn atcord~:g to the lien or equity of said MpRTGAGEE and the p?adice of such
COUr1.
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8. To duf~, prwnptly snd fully perfo~m, dschuye. e:ecute, effed, complete. complY wi~h ~nd sbide by exh and every 1he stipvlations. ~greements, ~
conditions and covenann ~n sa~d prom;uory ~or~ and tlus morrgaqe set foah.
i
9 TMt in fhe evcnt the ownersAip of ~he morr9sged p.em;ses, or sny p•n ~hereof, becornes vested in a person o~her thsn ~he MORTGAGOR, fl,e
MORTGAGEE, in successon and sugro, msy, withou~ notice to the MORTGAOR, deal w;th such successor or tuccessw in interes~ with reference to this
ma~gtge ~nd the deb~ hereby secured in the aame m~mer as w~th Mwtgago~ without in any way vit;ating' a d~xl+~,ging the MwtQagws liability FKra•
w~der or upon fhe debt hefeby secured. No sale of ~he premises hereby mortgaged and no fwbearance on the put of the MORTGAGEE a its successors
or augns and no extensan of the time fer the payment o1 the debt hereby secured given by ihe MOQTGAGEE oi ifs successors or au:9os, s~'uH operate
~o relcase, d~xharpe modify cAange w afftct the org~nal lis~lity of the MORTGAGOR herein, either ia whok a in part.
10. It is spec~Eically agreed that time is of Ihe essence of this contr~ct and ~haf ~o waiver of any obl:g~Yan hereunder or of the oblig~tion se-
a.red hereby s},~II at any rime ~hereafter be held to be a wsiver of the terma hereof a of the instr~ment seco.ed herby.
11. In acW~tion to the fwego:ng mo~thty paYm~nts of princ'p~i and interest requ~red by the prom~ssory nore secured hereLy. morrgagor cavenants
• and agrees to pay ro mar~gagce winc ~sch mo~~Ny paymenr u, sdd~r~onsl sum est:~natle~ by ~nWfgaq!! f0 b! lqW) f0 1/12 of the annuat cost of thc follow-
~^9=
A-All real property taxes kvied p asxssed agai~st the above described real est~te.
&-Aremiums on /ire and windstorm insunrtce as herein requ:~ed lo be csrried on the improremc~ts sitvate on the above dexribed premises.
G-Premiums on such mortgsge gwranty irtsvrance as mwtgagee shstl from t~me to time deem fit to prry on tF?e Ipan secured hereby.
Mwtgagee shall from time to time not~fy mortgagor in writ:ng of the amovnt due u+d payable hereunder and such y~m shall thereupon be due and
payaWe on the due date of ~he ne:r mo~rhly paymenr and each svccrssive monfh theresfte? ur.til rra?~gaq~e iFeall ratify mortgagor of a cF~anqe in svcb
arnount. S~ch sums shall be applied by mo.tysgee toward the payment of real property taxes, insurance prem:~ms, and matyaae guxanty inw~ance
emiwns. ~
~ IN WRNESS W REOF, the said MORiGAGOR has hereunto set his hand snd seal the day ~d year Pust aforesaid. -
Ss+ ' ed~in the prese.~ce of:
C.~ P wC30~~.~ ~,l ~ i' ~n
( ~+q
~
~s~,n
~r~ ~n
STATE OF fIORIDA ~
St . Luc ie
courm oF
eefo,e ~„e pe~,o,,,uy,~,e,~~ _ Margaret W. Haleomb, a widow ~
to me well known ~nd known ro me ro bs
the individua(~ described in and who executed the foregarg iostrurnent, arw! sc(cnowtedged before me that they executed the same for t!x purposes
tl~ein expressed. Iildf
~
~
~
WITNESS my h~nd and o{ficial ual this ~a- day of /l. D. 19~Z
Notasy bJ;c in ~nd fw thr Sure of Floridi ~t Lupe
My C :ssion eapires:
Retwn Ta
Fust Fsderal Ssrings a losn Associef:on -
O{ Fwt P~erce. t~atary PubGc. S1ate of Floada at Wq~
Fpn aK.«. Fb.~a - • - My CommissiontiExpires Au9. 6.1411
. io.a.e ~r cr«w F~n 0~ c+~,l~x Sa.
ANO aECORO ~p• - ~ ~ "
FtlE~ CpUl3TY.
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