HomeMy WebLinkAbout0353 To pix~ ~nd continuously ke~p on ~hs buildinys now w l~raaftN sitwt~ on said lu~d and on all equip+wnt ~nd pasonally cova~d by thii mwtp~
p~. with all premiur+u ther~on p~~d in fu14 fir~ in~ur~rc~ i~ the vivai su~dud policy fwm. ~n • twn ~pprowd by tM MORTGAGEE, ~~+d wirKbtam
ieawu~n in th~ uiwl ~qndud pol~cy f«m, in • sum ~p~rov~d by tl+~ MORTGAGEE; in wch comp~ny w compani~s a tM MORTGAGEE enay
dir~Nt N+d ~II ik~ ~nd w~ha~m irourae~u potiua on ~ny of said buildu+ys, ~ny fnMryt tFwr~in w pa~t thK~of, in tM apqre9~~a w~n ~forfwid a
In ~xuss IMreof, sMll contain ti+~ uawl ttandud mortpa9e~ cl~uit a iuch otF~ ctaus~ u tM Matya~ may reqvir~. makinp tM losi undM s+id po~}
cip, ~ach ~nd ~vHy, p+y+bl~ ro said MORTGAGEE +s ib i~teresl may ~ppeu. ~nd ~ach +~d ~v~ry ~ud~ poliq shatl b~ promptly ~u:yn~d ~nd d~livaed to
any MW by uid MORTGAGEE furtl,N wturity to s+id morrpaQe c4bt, and, not k~ ~han tM (10) d~ys tn ~dva~c~ of tM expir+twn of ~ach policy, to da
liva ro uid MORTGAGEE a renew~l tFwwf, to~~Fwr with • rectipt for 1M pe~jum of wth r~new~ll ~nd tFw~ tMll M no f'u~ w windstam insvrana
p~~ad o~ ~ny cf s~;d bviWinps, any intereq tMr~in or part ther~of, uok+s in tFr fonn'~nd wi~h ~h~ bu payabl~ u afwes~idr +~d in tM ~v~et sey ium
pf mon~y becony~ pay~pl~ w~der such policy o~ polici~s said MORiGAGEE sh+ll Mw th~ option ro rectiw and ~pply tM s+me on accounl o~ tM ir~bad
n~u acvnd Mr~by w b permit s+id MORTGAGORS to receiw and us~ i~ a sny part thereof fw othcr pu~poses, wi~houf thereb~ waivi~p a impair-
inp ~ny puity, li~n w ripht vnder a by v1Kw d thia mortp~q~s Md 6+ tM tvent ~tid MORTGAGORS sh+ll for any r~awn fail ro ktep tM ~+id prtmises w
Intv?ed, a bil to d~liver promptly any of said policies of iniu~tnu to said MORTGAGEE, w fail promptly to pay fully ~ny premium thertfo~ or i~ anY
r~sp~N fail to p~rionn, disch+rp~, ~xavte. ~ff~ct, compktt, comply with and ab~d~ by this cove~+nt, or ~~y put Iw~eoi, iaid MORTGAGEE nuy plxs ~nd
paY fw such tnwranc~ a any pan tFweof without wahrinp or aff~ctinp any opfia4 li~e. Wvity, o? riqht ur?da or by vi.tw of this Mortp+p~. aod ~M
fvll arnoon~ of tach and ewry wch WYment sh~ll be immediat~ly dw ud p+y~bb and sFwll be~ interest irom th~ dat~ thereof vntil paid « tM rat~ ol
nirn pa csntum pa anrwm and tog~ther with wch interyf sMll b~ secured by th~ IiM of this mat~a~.
1. To p~rmit, oannit or iuffN no was1~, irnp~irment a dete~ioration of ~aW prop~+ty w any put t1?enof•
S. To pay al) ud sinqulu th~ totts. cMryes and ~xpenfes, indud~~p s re~sonable .~to.n~y's fee and costs of ~bstrscls oi titls, incuned or paid at
~ny time by said MORTGAGEE, beuvs~ or in th~ event of the failwe on th~ part of the s~id MORTGAGOR ro duly, promptly and fully psrform, diuhsrgq
•aecvt~, ~ffect, oompkt~, comply with and abide by ~ach and every tM itipulat~a~s, egreements, conditions, and oown~nn of said promissory ~ots and thia
mortpap~ ~ny a either, u+d sa~d costs. chuqes and ~:perxes. e+ch and ~very, sMll b~ immadiitely due and p~yabk: whether a not tA~re be notice da
m~nd, ~ttempt to oolktt or wit ptnd~rg; and tM full amount of exh ~nd wery such psymenl ahall bear intereif from the dat~ there~of umil paid al ~he
rate of nine per centum per aruwm; and all iaid ccsti, charges and expens~s incvrred a paid, topether with wch ioter~st, aMll b~ setured by tM lieo of tha
~9+~
d. Tf~at (a) Jn the event of any breach of this ARat~+p~ w defauh on tFr psrt of the MORTGAGOR, a(b) in tM ~vent ~ny of sa~d ~ums of money
hatein r~ferred to be not prompny ~nd fully paid withi~ thiny (30) days next after the iame seve~ally becane due ~nd pryabl~, wi~hout dsmand w notice,
or in tM ewnt esch u~d ew~y the stipulatans, ~gree~z.enn, conditions and tove~+nts of sa~d promiuory note ~~+d th~s mor?ys~e any w e~ther an no1
~uly, promptly ~nd fully perfwmed, d~xharged, executed, effected. compkted, compliad wifh and sb~ded dy. then in ei~her a any tuch event tM uid a~
pre~h wm mentaneJ in seid promissory note then remai~inp unpaid, with interest acuued, and alt moneys setured hereby, shall become dw and pay-
able fathwith, w thereafte~, at tl+~ optan of said MORTGAGEE, as fully and canpletely ss ii all of the sa~d wms of rtaney were w~pinally st~put~tcd
ro be paid on such day. anythinp in ssid promiuory :ate w in this Mwt9age ro the contrary notw~thstanding; and ~herevpon w ~hcrsafier a~ tM optan~of
ssid MORTGAGEE, w~thout notKe a demand, wit at laa a in equity, therefore or thereafte~ begun, maY be prosecuted as if ~11 moneys secured hereby
h~d trufured pr'qt to in irtstitutiOn.
7. TMt in ~Fw event that ~t the beginnirg of w ~t ~ny time pendirg aoy suit vpon this Mwtg~ge, w fo fweclos~ h, w/o refo~m it, a to enfo?p
payment of any daims hercunder, said MORTGAGEE shall apply to the CouN luving jur~sdrctioe ~hereo( tor ~he ~~O~f1tTlflf Of a RKliVN, wch Cou~t ihstl
fortKwith appoim • receirer of ud mor~g+ged properry all snd s'u+yul~r, iacludm9 atl ~nd aingubr the income, profits, iswes and reven~es irom whatever
source derived. e~ch and every of whrcF4 it beirg expreuly undentood, u hereby mortgaged u if speNfic~ly set forth ~nd detuibed in the yranting and
habendum davses hereof, ~nd such Receiver shall hsve sll the Mosd and effecrive func~~ons and pOwen in ~nywise entrusted by a Court ro• Receivtr, and
such sppointment shall be made by such Court as ~n ~dmitted equiry a~+d ~ matta of ~bsolute right ro said MORTGAGEE, and ~witlw~t ~eterence ro the
~deq~+a; w insdeqwcy of fM wlw of the p~opaty mwty+9ed o? ro the wrvency o~ ~nsolverKy of s~id MORTGAGOR or the defendann, snd that such
rent~, p?ofin, income, iswa snd revenues shall be applied by such Rcceiver xcwdin~ 1o the lien or squity of sald MORTGAGEE u~d the prsctice of wch
CouA. .
8. To duly, promptly and fully perfwm, discharge, exscute, effect, complNe, eomply with ~nd abide by acfi and every the stipulatio~s, agreemenn,
cnnditans and covenants in sad promiasory note and this mortysge set forth. ~ -
, 9. Th~t in the event the ownenhip of the mortg+ged premises, or ~ny p~rt thereof, becomes wsted in ~ p~no~ other than tM MORTGAGOR, tM
MORTGAGEE, its sucteuws ~od auiyns, m+y, without notice to the NKIRTGAOR, deal with such successor or sutcessor in intereit with refe~tnce lo this
mort9a9s a+id the debt hereby secured in the ssme manne+ as with Mo?tgagor w~thow in arl~ way vit~atin~ a d~uhaip~rg the Mort9a9ori' liability here-
under w upon the debt hereby secured. No ssle of the premixs hcreby mortg~ged~,r~i~sfab~awnce~ ar?- the pan of the MORTGAGEE o? its wtcessws
w auigns and no extension of the time for the payment of the deb~ hereby ~ed ~iven by the MORTGAGEE N its succeuws w assigm, shall operate
to release, d~sch+rge, modify change or affect the wig~nal IiabiGty of the M(~R GAGOR herein, either in whole a in psr~.
10. It is spec~fic~lly agreed that time is of the cssence of this contract ~nd that no waiver of sny obligation hereurKJer w of the oblipsYan se-
a:red hereby thall at ~ny timc thereafter be held fo be a waiver of the termi hereo( or of the inatrument secured herby.
11. In add~t:wn to the fwego:ng monthFy paYmems of princ'pDl and intcrest requoed by the prwfi~uory note secured hereby. mortgsgor covensnts
and ~grees to pay ro mortgagee with each monthly payme~t an additional sum est~m~ted by mortgagee ro be equal to 1/12 of the annual cost of the follow-
ing:
A-All real prope?ty taxes levied or assessed against the above dexribed real eatate. -
B-Premiums on fire and windstorm insunnce as Ixrein requ~red to be wrried o~ the improvements sitwte on the above described premises.
C-Premiums on such matgsge gwnnty insurance as mortgagee sh~ll from time to time deem fit to carry on the loan secured FKreby.
Mwtg~gee shalt irom time to time notify mortgagor i~ wr~t~ny of the amount due and paysble herevnde? and tuch wm shall thereupw~ be due and
I p~y~ble on the due dste of the next monthly paymem and each successive month thereafrer un~il mongsgee sF?al! rwtify mortgagor of a change in such
amounL Such suma shall be applied by mortgagee towa.d the payment of real property taxes, i~surance prem~ums, end mortyage guaranty insu:ance
premiums.
IN WITNESS WHEREOF, the said MORTGAGOR F~ss hereunto set his hs~d snd seal the day ~nd year fint afwasaid.
Sign S~sl , nd del' ' tF~e presence of: -
•n
_ • ,n
- ~ n
~ ~sNn
STATE OF FLORIDA 1
courmr oF Saint Lucie ~ u-
sefae ~„e ~so~uy , ,«d John F . Casey
Katherine Lasey, his wife, to me well known and known to me to be
tM individwb described in and who executed the fore9oing instrument, a?d ~cknowledged before me that they executed the same for the purposes
rn~«M e,~,~d. a~d 1~. s.;.~ Katherine Casey,
wife ot ths said John F. Casey upon s sep+rate and priv~te
ex+min~Yro~ by me tsken separate and apa?t from her saEd h~sband, ~cknowledged to and befwe me that she execvted said instrument freely and volun-
tarily and witho~t aryr compulsion, constraint, apprehens" faar of or frc•~ her ssid Iwsbsnd.
WITNE55 my Mnd ~nd offia~l sea~ this ~ ~ dsy of Jan"ar jA. D. 19 68
~
.
Notary Public in ~nd or fhe St:1~ of.fJor~ ~ai.larpe~:
'
a~n?r~ To: FILED AND RECORDED My e~~~~: =
Pirst Pederal Savings a loan /?ssoc~at~S?~T. L'J C 1 E C 0 U P2 T Y, F LA. • -
Of Fwt P~erce. r r`J D MOTAIIIf ~UBUC, tTATE OF ~LYalb4 Af Lu6L : -
Fort Pierce, Florida MY COMMISSION EXPIRE~ OCT• - 11~ 1~7~ - s
~pND[D TNNOYON FRCD w, o~astFtit!A~~
This instrument re r ~ 2 2 ~'1 ( 0. y 3 ~ d~~/7~ .
p pa ed ~y / ~ ~ :
first federal Sav. & Loan A;sn. -L63"~.~~
of Fort Pierce • - - - ~ "
8y- J•~eVia3 CL;RK GiRCt}fT COURT
~K~.70 ~ ~51 ~k ~
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