HomeMy WebLinkAbout2894 . ; ` ; r ;
To plao~ and conti~xiously kNp on tM b~itdieps oow a I+zr~aftM Wtwh on iaid land and ow aU ~quiprewnt w+d pKwn+lly cowr~d bf? thi~ n~a1~
~ with ~II premiw~a ~M~wn p+~d 'u? full, fin tnswcnc~ in H» ~nwl tundard ,oolicy foren, ~n + sun~ approwd by tM MORiGI?GEE, and windaann
in~wana M ~ht vtwl sand+.d pol~cy fa~n. in • sum ~qxowd by tk 1NORTW?GEE. in wcA t~nWnY w comP+~~a a tM M4RTGAGfE nay
d'v~dt and a!i fir~ u~d w'udsarm inswano~ Paici~s m any of s+id buiid~npa, ~nY iMer~s~ tFw.~in or pat tM~wf. h th~ sp~re9ar~ w~+ ~foraaid a
In ucc~ss tlKrwf, sh+ll oorctain tM uw+l uudard ma~~ap~e ciav~ o~ wch whu clws~ u ~M Mo.tpa~ m+Y requ~n. rn+kinp t?K Ioss wdM s+~d Vd}
cNa, each ~nd ~vKy. WYabt~ b said MORiGAGEE as i» int~+sit may apptar. and sach ~nd ~wry tuch policy sMll b~ pranptly ~ss~~ned and d~liw~ed M
~ny MW by s~~d MORTGAGEE as funMr s~cwiq ro said mwq+p~ d~b~. +nd. eo~ I~ss ~Mn ten l10) days in ~dvu+c~ of tM e:pi.aran of ~ad~ pe?~scY. to d?
liwr to sa~d MORTGAGEE • rtn~w~l tM+W~, topaM. wirh a rec~~pt for rM pnmiw* oi suc6 ~a+rw~lj and ~Mr~ sM11 b~ no fir~ a windsarm irow~e
pl~c~d on ~ny of said bvitdinpa, ~ny ieterest ther~in or pan tl+N~of. w?kss ie rhe for+n'ud wid? ~M loss paysbN as ~faaaidj u~d in t1~ ~+enl anr sum
of moe~y becanes p+Yab~ ~ PdkY « P~~ s+id MORTGAGEE iA+ll Mw tM opuan a receiw ~nd ~pply tM s+m~ an ~coount o1 tM ind~bted~
n~ss iscund 1~~by w w permit said MORTGAGORS to reo~iw and u~ it or any put therwf for othe~ pwposes, wi~hout ~hxsb~ waivi~y a rnp+ir-
Irg anY puity. IiM or ~qhl wwk~ or by virh» of this mort~e: and in tM ~vent sud MORTGJ?GORS sMll fa any nason i~il b kt~p th~ uid pr~missa so
insu.ed, a fail a dsliver pranprh w+y of said polKies of imu.~rw ro said MORTGAGEE, o. t~ ~o.~?~h a wr fi?~~r +~w a«~w++ ~•f« o. a"y
resp~ct f~il to pe~focin, diuhugs, ex~cvt~ ~(f~ct. compl~t~. compy witl~ and abid~ by Mus cow~+nt, a ~ny put hKwf, s+~d MORTGAGFE ~n+y p1+c~ ~nd
P+Y for such inswanc~ o~ ~ny p+rt thereof wiN~out w~Ninp o~ ~ffeuinp +nY aW~a4 ~ien. ~W?~ty. o~ ripM w+JM or by vir~w of this Morqap~. and tM ~
full arnounl of tach and wMy wtA WyrM++t shall b~ immediattly dw and py+bk and shsll b~ar int~r~u from tly daN tha~of until p+id a1 tM raN ol
ncM pK centum pK an~wm +nd toge~her wi~h sucA inrerest sh~ll b~ i«wed by tM lia~of this narp+y~.
To pKmit, oonr~dt o~ wffer i+o wute. Impaument or deterioration of wid propsr~y w any p+~t t1x~~of.
S. To p+y all ~nd sinp~l~r th~ cos?~„ cMrpss and ~xpeese~, includ'ug a rs+son+bh +ttwne~r's fee and oosts of sbanacts of titl~, incwr~d w p~id ~t
•ny time br s~w! MORTGAGEE, b~caus~ or in t~+e sver+t of tM failvre on tl,~ put of tM s~id MORTGAGOR ro duly, promptly snd fu11y p~:form, ducMrg~
e:ecure. dfed. canpl~~a oomPh W~rh and ~b+d~ by ~sd~ and ~vc+r the sti~wlstions, agroemeots. tonditioe~. and aovenanb of said p~mustwy not~ ~nd this
^~orry+~e +nY or N~her. ~nd sa~d coa~s. charpes ~nd eapenses, eaci+ and every, shall b~ Lnmed~ately dw and p+YabM: whether or no~ MK.~ be nwioi d~
mand, att~+npt ro colkct w wit pendiny: and th~ Evll arnow+! of exh and wery wch payma~t sMll besr ir?teres~ from th~ date thereof until paid ~i the
rare of nine per crntum pe? anrwm; and all said custs, chu~es ~nd expenses i.Kwted or paid, 1og~ti~s~ with urcl~ intar~tt. sl++l1 M atwed by th~ Iwn of tlw~
morty~p~.
0, ifMt in the event of any breach of tha Mortg~ or defwlt on the p~rt of tM N10RTGAGOR. o? (b) in th~ went ~^Y of ~+~d sums of mo~y
hcrein r~ferred to be not promptly and fully paid within ~hirty (301 days next after ~he same severally become due u+d p~yabb. witla~~ d~m~nd a notice.
or in the event e+ch u~d every the st~pulatio.n, sgresments, cond~rions and cov~n+nn of sa~d promisso.y nore u~d tlws mortpa9e any or either art nw
iuly. promptly and fully perfwmed, d~xharped. executed, effected. completed. complied with a~d abided by. then in eiths~ a any urch ~wM ths taid a¢
preq~t~ wm mtntiw~ed in said promissory oote then rema;ning uepaid, with interesl ~cuuad. and all moneys secu~ed hertby. sMll becorn~ dut and p~y~
•ble forthwith, or theresfter, at the option of said MORTGAGEE, u fvlly and completely as ii all of the said swns of money were aipin~lly st~puta~ed
ro be pa~d on such day. a~y~hirg in sa:d promlasory eote or in this Nlorrgage ro the contruy norwiN~sunding: snd tl.ereupon or there~he~ at th~ optan of
•eid MORT6AGEE, wi~Fwot norKe w demand, suil at le~v w in eqvity, ~herdwe or ~here+frer be9un, m+y be prosecuted ss if ~II ma+eys sscured hareby
had rt~+twed pnw 1o its institution.
7. That in th~ event that at the be9inning of or st u?y time pending ~oy s~it vpon fhis Mortg~ge, or ro foreclose it, or b ~eforen it, a ro enford
payme~?t of u?y daims here~nder. said MORTGAGEE shall apply ro the Cou~t havirg jurisdrctio.+ thereof tor the appo.nsment of s Receivn, such Cowt shslt
fortMvith appoint a receiver of ssid mortgsqed prope~ty all +nd singulu, i.xlud+ag atl and sugular the iixomq profits, iuues a.~d revernxs from whatever
sourc~ darived, each and every of which, i~ being expressly undersrood, is hereby mor~gaged u if speci(ically sct fwth ~nd described in tl+e p.~nrinq and
hsbendum davus hereof, and such Receiver shall Mve all the boid and effective funcnons and powers in anyw~se entrusted by a Covrl fo a RKlivN. +~d
•uch sppointment shall be made by such Court u an admitted eq~ity ~nd a rr~~te? of absolutc right to said MORiGAGEE, and witAout reference ro the
adequ+cy or inadeqwcy of the value of the property mortgaged w to the sonrency or inwlvency of said MORTGAGOR o~ the defcndanq, and thaf such
renrs, profits, income, iswes and revenues sl~all be applied by such Receiver accord~ng to the lie~ w puity of said MORTGACsEE and ~he pr~ctice of wcA
Court. ~
S. To duly, prampNy and fvlly perfwm, dscharge, execute, ef(ecr, m~nplete, comply with ud sbide by each and evsry the stipulat~ons, ~grtemcnts,
conditans and covcnants in said promissory note and this mortgsge set fwth.
4. That in the event the ownersh7p of the mortg~ged premises, a any psrt tlx+eof, becomes vested in a person othe~ than the A10RTGAGOR, tM
MORTGAGEE, its succeuqs and suig~s, may, without notice to the MORTGAOR, deal with such wccessor a successw in interest with rcfercnce ro this
mortgaye and the deb~ hereby secured in the same mantxr u with Mortgagor without in any wsy vitiating w dixhu~i~g the Mortysywt' li~bility here-
undcr or upon the debt he?eby secured. No sate of the premises hereby mortgaged snd no fwbeusnce on the pan of the NIORTGAGEE w ib successors
w suigm snd no exte~sion of tl+e time fw the payment of the debt he.eby secured given by the MORTGAGEE o? its wccessas w auig~, shall operat~
~o release, d~scharge, mod~fy change a affect the org~nal liab~lity of ~he MORTGAGOR herein, either in whole or in part.
10. It is speciiicatly agreed that time is oF the esscnce of this contrsct and that no wsiver of sny oblig~Yan herevnder a of the obliyation ae-
n.red hereby shall at any time thcreaiter be held to be s waiver of the tcrms hcraof o~ of the instrument secured herby. 1
I1. (n add~tion to the (orego:ng monthly payments of princ'p~l and interest required by the pran~ssory note secured hereby, mwtgagor cpvenants~ i
and agrees to pay to mortgagee with each monthly payment an ~dd~~ion~l sum esGmared by mortgagee to be eqwl to 1/12 of the a~nwl cost o1 the fdlow-
;~y: , f
A-All real property taxes kvied a assessed against tF~e above desc.ibed real esute.
B-Premivms on fire and windstum insurance as tKrein requ~red to be carried on the improveme:+b sitwte on the abore desvibed premises.
C-Premiwns on such mortgsge guannty insurance as mortgagee shstl from t~me to time deem fit to urry on the bsn secured hereby.
Mortgsgee shall from time to time notify mwfgagor ~n w.it~ng of the amount due and psysb~e hereunder and such wm shaU thereupon be due and
! payable on the due date of the next monthty psyment and each successive month thereafter ur.ril mortgsgee shall notify mortgagor of a charge in such j
a~*+ount. $uch sums shall be spplied by mortgagee toward the payment of real propeAy taxes, inwrance prem:ums, ~nd mortgsye gwranty insurance :
premiums. ~
N WITNESS'WH , the said.MORTGAGOR hss leereunto xt his hand and s~al the day and ye+r flnt sfwssaid.
gn d, , le and li e d in th~ p sence of: ~ iJ~/)
ui~~~/
. ~
~n
- n
R..~
STATE Of fIORIDA ~
S5.
CouNnr oF St- T.~i g,
~„e p~,o,,,~~y,ppe,.~ JOSenh M. Chesser .,,d
KA thr~~C , Che s s eY~ his w;~e, to me we0 known and known ro me w bs
1he individwb desc+ibed in ~nd who e:etoted the fotegang instnwnent, and ackrawledged befwe me that they executed tlx same for the pwposes
~r,~.~~ .xa~a. A„a ~h. .~~a Ka thryn Che s ser
w;~~ t~. „d Joseph M. Chesser ,„~„,,~,,,te „~a ~.;~„t.
exuninstwn by me tsken sepsr~te ind apah from her ssid huaband, acknowledged ro ~nd before me thst shs executed said imtrument freely u~d volu~
t~rily and w~thart ury compulsion, constra~nt, apprehensipp~ or fear of w froa~ her ssid husband. • 68
WRNESS my hind ~nd official sea: this day of A. D. 19
Notsry P ic i~ ~nd for the Sute of Fluida ~t L+~rq~
My +ssion e~cpires: . i
.
Retum To: "
First F~denl S~virgt 3 loan /~sociat~on ,:i':;•., , ~
• Notuy Public. Sl~te ol f~lorid~ ~t luqs
o/ For~ v;erce. , .
Fort Pierce. Fbrids ~'~l`ti;.~~•••,,:,' ~Ir Com~;ssion Expira Auy 6. ~9~
: ~ • .i ~A h A~u~ iw a C+s~afr Go,
~ = ~ ~ = FiLEO aND RECORDED ~ "
s-~ ST. LUCIE COUNTY. FLA.
~ " ~ ` ~ RECOR~ VERIFIED
' ~ j, v, '~~r ~ ~~~QO j
This instn~ment prep~~ed by ; ~
First Fe~~ . S, loan A~ = y
~I au & sn. 4 ``'68 JdN I 0 AN 9• 3 ,
of ~a~t Pi~rce _ . '
~~~~~.oati.~.t-~'.
-
,=~~:~E.?=. : Q3TrZ~S
CLE~~! CIRCUI= COURT
! ~ a~~.fi9 ~~~E2875 .