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HomeMy WebLinkAbout2985 , `.tt i Z. To plac~ ~nd caui~wo?~slr k~sp on 1M buitd;r~ now w 1?Keaiter 4tw~~ on sa~d land and on ~II putpmeet and pKSOnaily cm,a~d by this enaq~ ~p~, with dl pr~miwnt ~hereon pad in Wti, f~n inswu~c. in th~ viwl s?uidard policy fany ~n a swn ~pprowd by tM MORTGAGEE. and wir~lwm ieuwMp in ~M uwa: sbndard poGCy forn~, in ~ sum ~pproved by ~M MORTGAGEE; in wcA cornpany w con+paniq u tM MORTWIGEE ~y ; d~nctt snd ail Pw~ ~+d w~ntbw.m inswanca po~icMa on any o( s~id bwtd~ny~, ~nr 1nNryt tM.c+n o~ pan the~wi, in t!» apprepn~ wm afa~s+id a tn ~:oesf tlwr~of, sAall contain tM wwl s~ardard nwr~eqsY davst w wd+ aMr clavk u th~ Morigaq~ may ~puK~, nwkinp 1M loss undN uid po14 cia. sach ~nd ~vNy. WYab1~ w said MORTGAGE"c a~h :+-.?errst n~aY +PPSar. wd ~ath and ~very such poliq aMll b~ PranPt~Y ~ss:9ned and d~livaed b ~ny h~W by aid MORiGAGff ~s turthN sea+riry ro sad natas~s dsbt. and. eot bss ~Mn t«~ (~0) days tn ~dvance of tM ~:ptrdion of ~ch polrcy. to d~- liw~ ro s~~d MORTGAGEE a rsnewal tl+erwf. to~e~M~ wiM a recH~v for tM pn.niwn ot wch ~~wal; ~nd tMn shall b~ no fin o~ wirwls~orm inswanc~ p4ad on ~ny of said bu~Id'uga, any interat thK~+n or put rhNeof, unl.a in rh~ forrn'and wizh ~M loss piyabl~ a afa~s+ids «x! in rM ~vent any wm of ~y b,~con,~a paY~b{~ wid~~ sud, pd;~y a polic;K a;d 1NpRTG~IvEE shall F?~w tM optan w~eceiw and ~pply th~ s~na on ~ceount o1 tM ind~bted~ ~u Ncvrld hu~ or b peimit said MORTGAGORS b rectiw ~rd ~ it p My pu1 thtrwf fw othc~ purposes, w~rlqut the~eb~ waivi.~ a wnpa'w- inQ any pvit~r. lim or ~ipht w~der a b~r virtw of rhp mortpapr, and ;n tl+~ ~vsm w~d MORTG/1GORS s!?sU tw ~ny nason fail b keep tht ia~d pr~mises so • inwrsd, w f~il w d~liva pranpttY any of said polKi~s of insu~sr~ a s~id MORTGAGEE, a f~il promptly to p~y futly ~ny premiwn thKefor a in any nsp~cl fail b pafo~ ~xhar9e, execvtr, eHect crmplsr~ oomply wi?h and abd~ by ~hy cov~;,am, er any part hereof, said MORTGAGEE may pl~ ~nd WI For wcA inw~anc~ w any pu1 tha+eof wi~hout watvNq w~ffect~^0 +^1? aWion, ~~tn. ~4~+~h?. a rgA~ wxl~r a by vinw of th~a Mat~a~. aed tht tvll amo~ret of sach and wery such p~~nt sMll b~ immediately dw aed qy+bN ~nd slwll beu Intsr~st from tM dat~ tAereof until paid M tM rab ol n~ p+r centwn p~r arnum and b~ether wi~h sucA wueaest shall be secw~d by tM lisn of this 1nat~aye. 4. To pKenit, aom~wt a wffer eo wuq, impairment or deteriorar~oe: of s~id propKry or any put ther~of. 5. To p~y all and sinputar tM toste„ ch~rp~s and txpseses. incl~diep ~ reasonabl~ ~trorneys fee and oosb of abstr~cts of tirk. incvrred w ~ paid at •ny twn~ 6y said MORIGAGEE, 4ecavs? o~ in the wsnt oi ths ta~fwe on tht put of tAt said JNORTGAGOR to dvly. promptly and fu11y pertorm, d~xMrgR j ~xecvt~ ~ffsct. compl~r~. c~omplY w~rh ~nd ab:d~ bp ~ach arw! every tM tNPut+t~ons. aqreernenb. condiY~ons, and cow~+nb of said promiswry note and tFw ~ mony+p~ anr or e+~he?, snd sa~d cosn. cMrpes and ~apen~es, sach sed every, ilwll be immediatey dw and p~y~bk: whethe~ w nw tAer~ bs nor~ce d~ mand a7emRt ro cdlect a w,~ ps~xl;nQ; and rM firll xnow~f of sad+ u~d avery svch paymee~ shatl bea. inurest fran the daa thereof unril paid the ra~e of nine pe~ ccntum pe~ ~n,wen; and aU said ccsts, ch~r9es and expenses incwred or paid, Iopethe~ with svch intsrat, sMl{ b~ secwed by fM lisn oi thif mort9~. b. 11wt W in the ewet af aery brexh of this AAonQap~ w def+utl on the put of ths MORTGAGOR, w(b) in tl+~ weot any of sawl sums of mon~y her~in referred ~o be not pomptfy u~d fully psid vr~~Fw~ lhirry (3p) days n~xl atter the same severally become due snd p~yable. withow denwnd or notice. or in the twry~ sach u~d wery the stiputations„ ~greements, condcr;ons ~nd covenan+s of ~a;d prom;sso.y rwte and fh;s enortpaye any or e~ther ue nol iuly, pranptly ~nd fully perfwmed, dixlw~ed, execvted, e(fected, co,npleted. comp~~ed with and ~bcded Sy. then in e~thq a any such ~wnt tl+e s~id ag - pre~t~ swn msntio.rd in s~id promiuory note then ~emainin9 ueP+~d. wirh interest acuued, and all moeeys secwed hereby. shaN bemnk due and WI^ abl~ fathwirh, p fhltNftK. at the oprion oi said MORTG/1GEE, u fvlty ~nd cempletely as if ~II of the ~aid s~my of mw~ey were origirwlly stipulued to be pi~d on wd~ day. a~ything in sa;d prem~ssory no~e or in this Mor~pape w the contruy notw~thstand~rg: a~d therrpon or thereafter at the option of sa~d MORiGAGEE, withoul nor~ a demsntR wi1 a1 la~v or in tquiy, the~efore a thereaf~er begwy enay be prosec~ted ~s if dl m«~eys secvrsd hereby a hal~ I~NtYtld pf-qf fQ iti 1N~3titVtiW1. ihat in ths crem ~hat at the begiMing af or af sny time pend'ug soy w~t upon this Mortgsge, a to fwecbse it, or ro rcf~m it, w fo enfwcs p~y~sx.~t of ~ny claa++s he~eunder. s~id lNORiGAGEE ihaH app1Y ro the Cou~t havirg jwisd'.ttio~ thc~cof (or the appantmenl of s Reccivet, wch CovN sh+ll fortli,nith appoint a~eceive? oi sa~d mw~g~ged property all +nd wgvlu. includ~ng a11 ud wgular the incnme. prof;ts, ;ssues u,d revernres from whatever wwce daived, each u~d every of wh~ch, it be:np expresaly unders~ood, is hercby mongaged as if spec~?icatly se~ iwtA and dcscribed ln the q~antinp and ! habend~xn clauses hereof, and wch Rcceiver sMll Mve sll the brosd ~nd ef(ec~ive fwxtans ind powers in aoywne entrustcd by a Cou?t to ~ Receiver. and :~,ch sppointment sMtl be made by wcA Court u an ~dmit~ed eqv~ty u~d a m~~ta of absolure rght to said MpRTCsAGEE, u+d wi~hout re(erence to the adequacy w N~sdequacy of the wtue of thr property mo.tgaged a fo the savency a insolvency of said MpRTGAGOR or the detendants, and that such rC~• protin, income. issues and reve.wes shall be +pplied by s~d+ Receiver stcord~g to the litn w eqvity of s~id MORTGAGEE and the pracrice of such 8. To duhr. pranptty and f~lty pufonn, ~tscharge, execute. effect. cornplete. complY with and abide by eacl~ and every /he sfipulations, agreemenri, ca~dtaro and covcnants ~n said prom~ssory no~e ard ~his mwtgage set forth. 9. iMt in the evenr ~he owne.ship of rhe mong.9ed Me^+ises. or u~Y P~?t thereof, becomes vested in ~ person other than fhe MORTGAGOR. ~M MORTGAGEE, its successon ~nd au;y,», nuy, w;~lqu~ notict to the MORTGAOR. deat wi~h such successor or iuaessor in inrerest wirh iefercnce to tAis mortgape u~d ~he debt hcreby securod in the same mirr~ u wi~h Mwtgagor w~tFww in any war vit~ating w d~schsry~ng the Mortgagors• liability hero- under w upon tl+e debt h~reby secured. No sale of the prem:ses hereb~ mortyaged and no fwbesr~nce on the put of the AAURiGAGEE w iri successon o+ assg.» sad no eatens;o~ of the r;me fa the payment of tFK deW hereby seaaed y;ven by Uk µpRTGA6EE or in successon or ass~gos, ,hall op~r~te ro release, d~schar~e, mod;fy char,ye a ~fiect the aig~nal Iisb~Gy of the MORTGAGOR herein, either in whole w in put. 10. It is speNP~ca11y ~greed thst time is of the essence of thn com~~ct ~nd ths~ no wsiver of u+y obl'g~tan hereunder or of the obligstioo se. n.rod hereby ahaU at any time thereahev be held to be i w~irer of rhe terms hereof a of the instrwn~m secwed t,erby. j 11. In ~dd~tan to the forego:ng menthly paymenrs of princ'pil and intcrest required by the promissory nore secured he?eby, mortgagw coveMnh and agrees to pay to mortgsgee with each monthlY payment an ~dd~~ior?sl sum estim~ted by mottgsgce to be equal to 1/12 of the annwl cost of the follow- ing: A-/UI ?eal property taxes lev;cd or as~essed ~gs~~st the above described real esqte. B-Premiwms on fire and w~ndstorm i~au~ance as herein reqv:red to be cur'~ed on the improvemenn sitwte on the sbave descrlbed prem;ses. C-Premiums o~ such mort9~e 9wranty insursnce u mortgsgee shall trom t~me to t~me deem fit to csrry on the loan secured hereby- Mo?tgsgee shatl from time to t~me norify mor~gagor in wririrg of the amount due u~d payable hereunder and such sum shall thereupon be due arxl payable on the due date of the next monthty payment and exh wccessive month therc+frer ur.til mwtgagee shsll not;fy mortgagor of a change in such smount. S~rch svms sha!I be ~pplied by mo~tyagee toward the paymcnt of real property taxes, insurance prem:ums, sod mwtgage guaranry insurance- } Y IN WITNESS WHEREOF, the ssid MORT6AGpR hss herevnto set his h~nd and seal the day and yesr first afweaaid. Siynet~, Sealed~ ~delivered in th~ presence of: ~ i=G`-~ 1, f'~-~--~~'~~ ~ ~vo-'O'~[(-azJ ! ry 3 ~ n ~ n nd as Executor ~ STATE OF FLORIDA ~ of Wi~l of W. N. Crooks, deceased. St. Lucie ~ courm oF eefo,e a.,oMny ,~.,?~a Charles W. Crooks Individuall and as Bxecutor of the WilZ W. N. Crooks, deceased, and Leah J. Crooks, t~~~?rtl~ B. ~~nks, a v~ri~ow, hK-w~ t me we know~ ~ ~ to me o the ind'ir~dwb dssa~bed in and who execvted the fore9oing instrument, and acknoM,ledged bef«e me th~t they execvted the same fa the purposes x,~?~:~ .~.~„~a. ti,a tti. ~~Lean .I, crooks wif~ oF tF~e said Charles W. CIOO~CS ~pp~ ~~~~ite ~rv~f~ examinat~on by me taken separsro and apa.t from her ss;d husSand. ~dcrwMr(~dged to and ~(ae me tF?at she executed sa;d ie?strument freely and vot~rt tuily and vrithovt arnr compu{sion, consrrsint, approhena+on, pr fear of a fror~ her ssid twsband. WITNESS my Iwnd ~nd officia! teal thi~ ~~rf of Jatlua?r ~ A D. 19 68 t.~L~ / ~ ; - Notsry Public in and iw the State of ` E~oei~t ~1 larps ~ My eo~m~ssan ex~.K: s„ l bP Retwn Tw • I Z ~ - First Feda~l Savings 6 loan /lssociat~on • - ' - i ~ .ti~ . ~ ' i Of fwt P~erca _ c~ t~ : r-' = w.~ PK.«, F+~;d, FlLED AND RECORDED . - 1r-.- - ST, l.UC1E COUNTY. ~LA. ~ ~ 0 1: : ; . i~E.CORO VERl~I~D - ' :Sp ;!{:.~:.f;, - ~ 16344`7 . ~ ~r~s ;~.{t4^~~tt G~ep~~~a hY '68 JAN 12 AM 9: 53 F . ~erce^ n. ,~a~.~.~~ ' ~-i)'::=+< c`Ot i F..•.S gy ~ita.,~ ~ CLERK.CiRCUlT COURT . ~k. ~.w:.~ . , ~ ~ 800K ~69 PAGE~,c7UU ' ; ~