Loading...
HomeMy WebLinkAbout1088 . . ' Z. To pl~u ~nd continuov~ly ke~p on tM buildinpt now a M~~shK ~itwa on said I~nd ~nd on dl eqvipn?ent ~nd pason~lly cova~d by this mwt¢ a~~. with dl prsmiwm ths~wn p+~d in fvll. fi~~ i~u~a~c~ in ths +nwl itandard policy (wm. ~n a wm approwd by tM MORTGAGEE. ~nd wi~rorm Inswaoc~ in tFK usu~l itandard polrcy fam, in • sum approv~d by ~h~ MORTGAGEE, in wch company w canpani~s u H+~ MORTGAGEE may ~ di~afj and ~II fin and winditorm i~uvr~nc~ policies on ~ny of said buildi~ps, ~~y IntKt~t thtr~i~ ot part thKwf, tn th~ p9rpa~ wm afor~said w In ~xuu thenof, ~MII contain tM u~wl s~andard morrg~yt~ cia~ or such otMr clava u tht Mortpape~ mar req~ln, m~Minp ~1~ loss vndK uid poli~ ci~s, ~~ch and ~vay. paYabl~ w said MORTGAGEE u ib intereit may ~ppaa~. ~nd tach and ~wry iuch policy shail b~ promptly ~u:9ned •nd delive.ed ro any MW by s~id MORTGAGEE ~s furthsr s~curity to ~aid mwt9s~~ d~bt, and, not less ~Mn t~n (10) d+ri in +dv+nc~ of ths expuaion of ~ach policy, ro da livp W said N10RiGAGEE • renew~l tM~eof, topstl+K with •?sceipt fw 1hs p~mium of wth rtnewal; ~nd tMr~ sMll b~ no fir~ a windstam inwr~nc~ pl~pd p? ~ny of s~id buildinps, any iroere~t tMr~in a part tF»rwf, ~ntw in tFr form'u~d with tM loa paysbl~ u afw~iaWJ and in tM went any sum ; of nan~y becomy payabl~ wwler wch policy o~ po~icies said MORTGAGEE shall haw tM optan to ?ecciw and spply tM same on +aount o1 tM ind~bt~d- ~ neu sKV~~d Mr~by O~ ro pirmit s~it1 MORTGAGORS ro ret~iw and us~ it or any pa~t thereof fa othc. pvrposes, without thrreb~ waivi~~g a~mpair• ~ irq anr puity, li~n w~ipht ueder or by virtw of tN~ morlyapr, ~nd in th~ ~vee~t ~aid MORTGAGORS sh+ll fw any r~awn fail to ke~p the ~aid premiiet so ~ insvred, o~ fail W dtlivsr promptly ~ny of said polifies of iniunn:s ro s~id MORTGAGEF, o~ tail promptly to pay fully ~ny preenium thtr~fw p in ~nY resp~ct fail 1o pNfo~en, dixhuge, ~zac~t~, ~ff~ct, complet~, comply with ~+d abids by this cownant, o~ ~ny pah hereof, ssid MORTGAGEE may pl~c~ ~nd ; paY fa such irouranc~ or sny pah tl+Keof without walvinp o~ aff~ctinp any option, tiN+, p~ity. or ri~ht w~dx w by virtw of ~his Mor~pap~. and th~ i full amouot of e+ch and ~wry s~ch payment ~II b~ immediat~ly dw and piyabb and shall besr tnt~r~st from th~ daM tF+treof until paid M th~ r~» of ( n~n~ pN centum p~r annum ~nd royethe~ with such interest iMll be securcd by tM li~n of rhis mat9+~e. 4. To p~rmit, ooenmit or wffa no w~st~, impa'umcM or deterioratan of uid property w u~y p~rt th~reof. 5. To pay ~II aad sinpvlsr th~.costs, charpes and expenies, includirg • reasooabk morney's fee snd oosts of absb~cts of title. incuned o~ p+id at any tim~ by said MORTGAGEE, becaus~ o~ in the event of ths f~ilure on the p+n of tM aW MORTGAGOR ro duly, promptly ~nd fvlly ps~form, d~uhargR •xecut~, ~ffsct, compkt~, comply with and abide by •sch •nd every the ~r'~pulatans, syreemenn, cond~nons, and cov.n+nn of s+~d promiuory noh and tha mat9ay~ any a e~the~. and said costs, cMrp~s ~nd expe~res, each and every. ~h~il b~ immediately dw snd p~yabM: wlxther w no1 ther~ b~ notic6 a? m,nd, anempt ro cdkn a wct p.nd~~y; and ~I+e full arraunt of each a~x! every wch psyment sMll bear intere~t from tht dat~ thereof umil p~id ~r ~h~ rate of nine per centum per an~wm: and all said costs, chuge~ and expenses incwred w p~id, topefher with svch intsrqt, slwll be s~tured by th~ lien of thi~ mortp+p~. a. Th~t in the event of any bresch of this Mwtysp~ o? def~vlt on the part of the MORTGAGOR, a(b) io the went u~y of s+~d sums of money ~ henin refarsd to be not {xomptly snd fully p~id within thiry (30) dsys next afta the same uverally becane due and payable, without dem+nd w notite. or W in tM ~wnt each ~nd every t1+~ stipulations, agreements, conditaro snd covenants of u~d pro~.~isswy note u+d tl?is mwtp~e any a ei~her ar~ no1 ~uly, promptly and f~lly performed, dischsrped, executed, effbcted. compkted. complied with snd abided by, then in either or any such ev~nt tFw said a~ pre~t~ wm meaipn~d in said p?omissory note tlxn remainirg unpaid, with iNCrest atcrued, and all moneys setured Mreby, shdl betom~ dw and p~y- ~bk forthwitly a thereafter, at tf~ optan of said AhORTGAGEE, u fully and compktely aa i1 aU of the wid wms of money were orgin~lly st~putated to be pa7d on ivch day, a~ything in sa~d promissory note or in this Mwtg~ge ro the contrary notwlthstandirg; and thereupon or thereafter ~t tM option of uid MORTGAGEE, without ~oi~cs w demand, s~i1 at I~w or in equity, therefwe a there~fter beyvn, may be prosetuted as if ~II moneys ~cund hereby had mat~red prar to ib inititution. 7. That in tM event ~hat at the beginninp of w ~t ~ny time pending aoy wit upon this Mortg~ge, w to iweclose it, or to refwm it, q to enforp payment of any claims hereunder, said MORTGAGEE sMll ~pply ro the CouM having jur~sd~aton thereof fw the appo~ntmcnt of ~ Receiver, wch Cou~t shall fwtFiwith appoint a nceiver of taid mortgaped property all snd sirgular, includ~ng atl and singul~r the income, profits, issues and revcnues from what~ver •ovrte derived, eath ~nd every of which, it beinp e:p?essly unde~stood. is hereby mortgaged ~s ii specifically set forth ~nd detuibed in the yranting and habendum cbvs~s hereof, and such Receiver shall hsve +11 tM broad and effective funct~ons and powers in anywiu entrwted by a Co~?t to a Receive?, •nd wch sppoiMment shall be made by such Court as an ~dmitted equity ~nd a matte? of absolute riqht to said MORTGAGEE, and wirhout reference to the adeq~acy a insdequacy of the wtue of the prbperty mortgaged w to the sotvency or insolvency of siid MORTGAGOR •or the defendann, and that such renrs, profin, income, issues and revcnues shall be applied by such Receiver accordiny to the lien w equity of said MORTGAGEE and the pr~ctice of such Covrt. - 8. To dvly, promptly and fully perform, dixha?ge, execute, effect, complete, comply with and abide by esch ~nd every the ttipulatia+s ~greemenn, conditions and covenants in s~id promiuory note ard th;s mwtgsge set fpth. 9. That i~ the event thc ownership of tF~e mortgaged premises, or sny pan thereof, becwnes vested in a perwn other th~n the MORTGAGOR, th~ MORTGAGEE, ib svcceuon +nd au~gns, may, without nofice to the MORTGAOR, desl with such successa a successor in interest with ~efrence to this mortgage and the dcbl hereby secured in the same manrxr as with Mortgagw without in any way vitiatinp p distharging the Mortgsgots' li~bility hera under or upon the debt hereby secured. No ssle of the premius hereby mortg~ged ~nd no fabearance on the p+rt of the MORiGACEE w in :uccessors w auigra and no extension of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its successors w auigns, shall opente ro rekas~, dischar~s, modify change or affect the orginel liability of the MORTGAGOR herein, either in whole o~ in part. 10. It h specifica~ly agreed that time is of the euence of this contract and that no waiver of any obligaYwn hereunder a of ths obligslion te- cLred hersby sMll ~t any time theroafter be held to be s wairer of the terms hereof or of the instrument secured herby. 11. In addition to the fwego:ng monthly payments of princ"pDt and interest required by the promiuory note secured hereby, mortgagor covenants and sgrees to p~y to mortgagee with exh monthly payment an additional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- 'ng: A-All real property taxes kvied or assessed against the above dewibed real estate. B-Premiums on fire and windstwm insurance~as herein requ~red to be carried on the improveme:+h situate on the above dewibed premises. C-Premiums on such mortgage guaranty insurar~ce as morlgsgee shsll from time to time deem fit to carry on the loan secured hereby. Mwtgs9ee shall from time ro time notify mwtgagor in writing of the smount due snd payable hereunder snd such sum shall the?evpon be due +nd payaWe on the due date of the ne:t monthly payment and each suctessive month thereafter ur.til mortgagee shall notify mortgagor of a change in such amo~nt. Such sums shall be applied by mortgagee toward the payment of real property taxes, ins~rance prem:ums, and mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR has hereuMO set his hand ~nd seal the day snd year first ~foresaid_ S' nad, S~aled nd iwred in the re:ence of: ~f'" . ~ _ ~~1,~~~~Zl~? (Sean cs..n ~n ' K-.n i ; STATE OF FLORIDA ~ Saint Lucie ~ courmr oF - f ~f„~ ~„~,iiy lYina I?f • Roberts ~ a widow ~ ~ M!'*rMe, to me well known and krwwn ro me to bs ; the individw dewibed in and who executed the foregoing instrument, ant! atknowledged before me that ~Fqyeezecuted the same iw ?he p~?rposes ` there&~ expreued. +4wd-~r-_-J s~ , ~ vwis ~F N» ~wid- epo~ ~yep~nts ~ne~p~i~~ ; ~aninatioo wr ~akM ~~Fau i~d.apara. f~aw~ Mea wid.fw~baw~ ~clK»wi~ds~d.t~ ~~d-Y~~ws-tl~a? ~M ~ewsMM~~aii inMwi~ irNly..~wi MoM~w- ~~ri1Y-+w~~w~tlarf-+pr~ow4~biowr-e~~s~rsin?,-spp. ~eetia~fewro~rr-freerl~erwid~wband ~ ~ . ! WITNESS my Mnd snd official seal this ~y of February D. 19 68 ~ Notsry Public in ~nd far the St e yF Florida at targe My eomm~siio~ •xpires: 3/fG'J Return To: Fint P~dsrd S+rir~s 3~wn Assoc~atwn fItEO ANO RECOf ~ Pu~:.... ~ . „ Of Fort Pferce. ST. LUCIE COUNTY~~9 `"`"misswn Expires No.. 3. 196~ G. Fort Pierce, Flwida c.~s~~Mt ~ R;.COiZD VERIFI ~y A~~ Fw i ~ ~ - 1640`78 ~ ~ ~ - ` '68 f EB 5 ~M 10 : 3 3 . ~ . ~ ~~,~'j~fw.Qt` Yhis instrument prepared by - : 4 ~First federal Sav. n Assn. . ~ . • ' ~ _ of o E~~oa ro~:_W ~~oiYR:.s ~ ~ P~ ~ ~ CLERK CIRCUIT COURT ~ ; ~ - _ n . ; B40K17~ PACE1085 ck ~ `Y'~r'~ t` . _ - t---- - - - - - - _ _ . „a _ „ ; c~- t F i ~ ~