HomeMy WebLinkAbout2221 1. To plac~ ad coe+linuo~sly kesp on ~he bui'dinps now w M+~ah~r ~~wM oe? u~d ~and and on ~11 squipmMt and p~nonalir cownd by tlds wa~~
q~, witA aH praniwet therwn pa~d i~ full, ta~ insuranc~ in the u~wl suedxd policr form, ~n • swn ~pprov~d by ~ 1M MORTGAGEf, and windsronn
inwrance h tf+~ uwal s~andard pd:cy ixm, in ~ wm ~pprwnd by MORTGAGEE: iR wch canp~nY o~ cawPu+iq u tM MORTGAGEE in+y
d'wcti and all Pw~ ~nd w~h~m i..swanu polK~es an any of s+id b~ild~nqs. ~n~r in~~s~ rFwrein o~ part ~her~oF, in Mv pyrp~q wm ~fortuid or
tn ucess thereof, sMll conr.in tf» uswl s~~ndard morryapes clavze or wch od+N daw~ u ~h~ Marya~N nay n~ua~, makinp tM Iwi ia~d po14
ciw sacA u+d ~very. paY+bl~ !o said MORTGAGEE as in ime~est rnay ~ppaar. and each w?d ~very such potiq sha11 b~ prompty us:qned ~nd d~livK~d ro
.nr hrW by s.d MORtG~?GEE a• fw~M. ssa,r~h ro u~d morrp~p. d~W. +nd. eot Itu th~n ten i10~ days in ~dvar~ of ~M ~apir~tix? of ~~c1+ poiky. w d~
livu b s+id MOR7GAGEE • ~enewa! thenof. fo~~F~u wi~h a rece+pt (or rM p?emiwn oi sucA renew~l; and ~hen shsll b~ no fin or winds~orm tn~wanc~
pl.o.d on ~r of sad b~,~~d~s, •ny ~n~e.~~ H»..N+ or ~r~ ~Fw~of, vnl~s~ ia tM fonn'~nd with th~ bss payabb u aFwe~id: w~d in tM ~wnt any swn
of na~wy bacana payabM unda such pol;cy a pol~cas s+~d MO?zGAGEE sAall hsw rM opt~on ~o receiw «+d apply tM s+nK on accow+t o1 tl» irwi~D~ed-
rr~s aecwed hsr~by a a peim~t said A10RTGAGORS ro reuiw +~+d w~ it a+ey p+~t thcreof !o. oi~~cr purpases. wi~huut tF?xeb~ waivi~.g a a~.pair-
ieg anY pv~ry. li~n a riph~ unds~ or by vihw of tlw mozs~ag~t M+d in tM ~ve++t sa~d NIORTGAGORS shall fw any rtason f~il to keep tht said pNnisn so
inswed, o~ (ail w dcliwr promptly ~ny of said polK~es of i~iu~no~ ro said MOltTGAGEE. a fail ~iromP~N b WY fulh ~ny p~emivm therefa o~ ie an~
r~ipsct fail b pN(am, d~scharye. ~xecute, ~ff~N, cony?I~te, comply with and +biiM by d?is covenanl, or any put ha~wf, said MORTGAGEE en~y pl~ce aoo
paY for tuch insuranc~ a ~ny psrl thaeof without walvag or ~ff~ctinp anp optio~, lien, ~q~rity, a righ~ wider w by virtw of th~s Mortgapt, and tM
~UII ~e11pYf11 Of tKA if1~ WNy iVCF1 PiyfBMt fAiII bf 111Y11ldN1tly dIN alld piy~~1 ~f1d L~1iII b!N intKat from tM d~t~ therwf w?til qid a~ tM rat~ ol
nin~ pu cw~tum per ~nnum and to~ethe~ with wch inter~st sM1I b~ secur~d by N» li~e~ of tlus morl~ape.
To pern+it, oomnwt or wHe~ no wuq. Lapaument or dera.ior~tan of s~id p.ope.tp a u~y put thereof.
S. To pa~ all snd sirpula~ the aoat~. chu~es and txpenses, includ~rg • reawn~ble arorney i fee snd costs of ~bstrstts of t~tl~, incurred or p~~d ~t
an~ rMna by sa~d MORTGAGEE, bcaus? or in the .wro of TM faiiwe on ~1x p..~ of fh~ ssd MORTGAGOR ro duy, promp~y and fu~y p..fonn, d~uhar9a
•xe:vt~, tff~et, cwnplet~ comply w~t!~ and ab:d~ by ~ad~ u+d r+ery tfie ~t~pulat~ons, agree.nents moditions, ~nd cownants oI sa7d promissory eat~ and t1w
monyap~ any a ei~M~. and ~a~d costs, chuges and ~xperws, each and every. ~MN b~ immad'ulsly dw se~d p~ysWe: whetM~ a not the~e be not~ci d~
mand, an~mpt to colkct w wit p~nd~rg; and tM futl amo~nt of ssch ~nd every wch paYment sMtl bea. inrere~t fran tM da~e thereof until paid ~s the
rate oi nin~ per centum pe+ a~uwm; and all said cdsts, chupes ud e:panses i~tvrrsd o? p~id, togt~h.Y w~th such intapt, sh~8 b~ aecwcd br the Iwn of this _
^w?tWp+• .
p. Th~t in tl» went of any brcach of rhis Mwtp~e a default on tM put of the MORTGAGOR, p(b) in the weet ~ny of s~~d swro of mo~ey
henin refsn~d ro b~ not p~ornpt~y and fully piid wi~h~n thirry (30) days nea~ after ~he san+e seve~aly becon+e dw and payabte, withow dem+nd or notice.
or in tM ~wnt exA and ~wry sNpulatia+s, ~gre~menn, cond~riorw u~d covemna of sa~d promissory nwe and th:s mortpape any a eitMr ar~ na
ivly. prompHy aed fully per(wmed. d~scl++rped, executed, ~ffected. canpleted. complied with ~nd ab~ded by, thsn in either or ~ny such ev~nt th~ s..~d ~
prp,»~ wm menriwnd in said promiuwy eot~ then remaininp vnpaid, with inreresl scuued, and all moneys ~etured hereby. sMll 6ecomt dw and pay-
~bl~ forii~wr~tA, p t}~lfNRK. at the optan ot iaid MORTGAGEE, ~s fvlty ud canple~ely u ii ~II of ~he said w~ns oi money vrer~ or~pinally uiputated
~o b~ pa:d on sud+ day. any~~iny in sa~d p~om]uory noro or in tFw 1Nortysge ro ~he comrary raner~rhs~anding: ~nd theteupon a tl+ere~}te~ a1 tM option of
said MORTGAGEE. w~thout no~~ce w dem+nd, wi~ at lawr a in equ~ry, ~herefwe w thercaf~e~ begun, may be prosscvted u if all maKys satwed hereby
Md m~twld p.p to itf institution.
7. T1+~t in ~M evenl that ~t the beginning of or ~t any time pcndng wy wit upw+ this Mor~gage, w to fwecloss iL or to ~efwm it, a to enfwp
payrnent of ~n~ daMns he.eunde., said MORTGAGEE shsU spply to the Court having jur~sd~ction thereof ia the ~ppo~ntment of ~ Receiver, svch Carn shall
FatFiwirh ~ppoint s.eceire~ of said matgaged propcry all and sin~vlu, includ~ng all u~d singulu ~he incoms, p.olits, issues and reve~ues from wMteve~
sowce d~rived, each and every of whKR bc'ug eapressly understood, is hereby mw~gagcd u if tpec~frcally set fwth and desu~bed in tM g.an?irg u~d
Mb~ndwn cta~nes Mreof, and such Receiver shall Mve all the brwd and efiecrive fvna~ons and powcrs in anywise emrua~ed by a Coun to a RKlivN, and
such ~ppointment shall be made by such ~oorl u ~o admitted equity and a mrtter o( absolute right to said MORTGAGEE, and without retercnce to tl+~
~dequacy p in~deqwcy of the v~lw of the property mortg~ged a a the savency or insolvency ol said MORTGAGOR or the defenclants, ~nd ~h~t svch
ronrs, profits, incane, issues ud rever?ues shall be spplied by suth Recciret atcorduy to the lien w eqvity of said MORTGAGEE and fhe praGtite o( suth
Cowt.
8. To du~Y. P?~~P~~Y and fully perform. discharge. e:ttute. e(fect. complett. tomplY with u~d at~ide by tath aod every the sKpulations, ~greements,
conditio~s and coverwnts i~ sad promissory note ud this mortgsge set fath.
9. Thaf in fhe event rhe owne.ship of the morfgs9ed prcmises, or any part thcrcof, becomes vesnd in a penon othe? than rhe MORTGAGOR, fl+t
MORTGAGEE, in successon and au~yns, m~y, without notice to the MORTGAOR, deal with such succeuor w wcceuor in interest w~th retcrerKe to thia
mort9pe and the deW hereby secv~ed in the same manner as with Mortgsgor w~thout in ~ny way vitiating or d~scharying the Mort9agori liability herr
under o~ upon the deb~ hereby secured. No sale of the ~em~ses hereby mortgaged snd ~+o fabearance on the p+rt of the MORiGAGEE w its successon
~ auig~n snd no ex~eosion of the Yune for the payment of the dcbr hereby aecwed given by the MORTGAGEE w its successon w ~ssi~ns, shall operat~
ro rekase, d~xMrye, modify cMnge a affect the wiginal liab~l~ry of ~he MORTGAGOR FKreM, either in w~ ='e or in put.
10. It is specifically agreed that time is of the cssence of rha contract ~nd that no w~iver of any oblgatan hereunder a of tlw obliyaYan se-
a.red hereby shatl at any time thercafter be held to be a waiver of the te~ms hereof a oi the instrument secured herby.
11= In add~tion ~o the forego:ng monrhly payments of prir+c'p~l and intcrest rcqu~red by the prom~:sory note secured hereby, mortgagor covenants
~ and agrees ro pay ro mortgagee with e~cn monthly paymcnt an add~rional wm estimated by mortgsgee to be eqwl to 1/12 of the annual cost of the fdbw-
~ng:
A-A!1 real propcrty taxes lev~ed w assessed against the sbove described real euate.
B-Prem~ums on fire and windstorm inswsnce as hereJn ~equ:red to be ur~ied on the ;mprovemer~ts s7tuate on the above d?svibed premises.
~I C-Prem~~ms on such mort9s9e guxanty inswar.~e as matgsgee shall from t~me to tGme dcem fit to c~rry on the ban secured hereby-
/Nortgagee shatl from time to t~me notify mortgagor ~o wririrg of the smount due and payable hereunder and such sum :hall thereupon be dve and
payable on the due date of the next monthly payment and exh svccessive momh thereaEter ur.til mortgagee shaSi notify mortgagor of a charge in svch
amarnt. Such sums shsll be applied by mortgagee toward rhe payment of real property ta:es, ir?wrance prem:wns, and mortgage gwranry inwrance
~ p~emi~w?r_
I IN NESS E , t said MORTGAGOR has hereunto set his hand snd seal the day ~nd year first afwssaid.
; d, ed in the presence of: - -
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a~ i
. ~N~
K.~~
' r(J~-/~~7 7~ i~ 1-?14
r-~ (j, Qa~
STATE OF FLORIDA ~
~ St . Luc ie
e~fae ~~..o~nr ~~.~«a George C. Johnson
I~11@Z Johnson his wi~e, to me well krawn and krwwn to me to b~
the individwb described in and wtw e:ecuted the foregoing instrument, and acknowledged before me that they e:ecuted the same for the pwpoxs
rr,~?~ e~.~d. a,d rhe Ideller Johnson
wir. of rh. s.id GeorQQ C. Johnson „po„ a sepa.,re .~d privr•
e,c~mination by me taken separate and aput (rom he~ si~d husband, +du+owledg~C to and befwe me thst she.e:ecuted said instrument freely ~nd valvo-
rarily ~nd w~thout ~rqr compulsion, constraint, apprehero^ion, a~ fe~ of or from hn said husband.
WITNE55 iny Mnd and official seal thK Cl day of December A. D. 19 67
~ , l.c ~;~f
Noqry Public in and (w the State of F{aida ~t Lu~c
RILEO ANO RECORDEQ My "`a`~" _z " - 7 ~ '
Return Ta
Fnt F~a~..l s~~~~s a toa~ ~,«~a,~o.,ST. Lt~CIE COUNTY, fLA.
R= CO!?n ~~CRI~tEO ^ ~TApr FYSLiC, ilAiE UF t~Uai;~A Ai ~AR~
Of Fwr P~erce. MY COMMISS101~1 ~~(PIRES NOV. ~6, f 971
Fort Pirrce, flwid~- ~C~~ ~ONDEO iMNYYYN fR_p M. O~faftlN01~!
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'67 DEC 27 AM i I: 45
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'1~ '1~` ' • ~ ~.1~ ~ i~ ~
CLERK CIRCUIT~COURT ~ ' '
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:~.~,-•j.. M.,.•`t;::
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, BooK169 Pac~2204 ; ~
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