HomeMy WebLinkAbout1389 3. To plac~ ~nd continuouily keep on the bui!dingi now w Mre~ftt~ situate on said land and on all equipment snd personally cov~red by lhit mwlp-
ye, with dl premiunts thueon pa~d in full, fire i~surance i~ thQ ufuat standard policy form, jn a sum approved by the MORTGAGEF, ind winditam
ins~ranct in tha usual tt~nda~d pol+ty fam, In • sum approved by the MORTGAGEE, ie? i~ch company o~ companiei as 1M MORTCaAGEE may
dir~ttt and all firs snd windstorm insurante policies on any of ssid build~ny~, ~ny interesl therei~ or parf the~eof, in tM +ggreg~f~ sum ~(wesaid or
In ~xcesi thereof, ihall contain the ususl standard matgagte tlause or such othe~ dauss ~s th~ Mortgsgce may require, makinp the los~ unde~ wid poli-
ci~s, e~ch snd every, payable to ia~d MORTGAGEE as it• inte~est may appear, snd each and everyr i~ch policy ~hall be p~omptly sss:gned snd delivered to
~oy held by said MORIGAGEE as turther security to said mortgage debt, ~nd, not le~s than ~en (10) days in advance of the experation of each pollcy, ro de-
livN to said MORTGAGEE s renewal tAereof, toge~her with a rece~pt fw the premium of i~ch renewal; and there ~hsll be no fire or windslorm ir?sur~nce
pl~ced on ~ny of s~id buildirgs, any interest therein p parr thereof, untess in the torm'~nd with Ihe lou payable as aforesaid; ar+d i~ the event any sum
of money Ixcomts payabfe ~nder such policy o~ poticia+ said MORTGAGEE shall l~avs ths op~ion to receive and apply ths same on account ol the indabred~
ness ~ecvred 1?e~eby a to permit ~aid MORTGAGORS to receive and vss it or any pa~t the~eof for othcr purposes, v.i~hout Ih:rEb/ waivi~g or ~mpair-
irg any pu~ty. lien w rght under or by virtue of thii mo:tgaye; and in the eve~t ~a~d MORTGAGORS sAall for any reason fai! to keep ths s~id premises to
lnsurtd, w fai) to deliva promptly ~ny of said polities of insur~nte to said MORTGAGEE, or fail promptly to pay fully any premium therefw p~ in any
rapect fsil ro perlam, discharge, execute, effect, complete, tomply with snd ~bide by this cove~an~, or any part hereof, said MORTGAGfE ~+sy place and
pay fo~ tuch insurance or sny pa~t thereof without wahring ot affecting ~ny opfion, lien, equity, or right under ot by virtue of thii Mwt9ape, and the
full smount of e+ch and every such paymem shall be immediately due ar+d pay~ble ~nd shall bear i~terest from the date thereof untii paid a~ the ~at~ oi
ni~x per centum per a~num and together wifh such i~terest shatl be secured by tMe tie~ of this p~ortgage.
1. To ptrmit, commit or sufter no wsste, impairment or deter+oration of said prope~ty or s~y part thereof.
S. To pay all and s7ngulu the•cosb, charges and eapenxs, includ~ng a reasonable attaney i Fee and costs of absnacts of title, incurred o~ pa~d at
any time by said MORTGAGfE, becaus! o? in the eveot of the failure on the part of the said MORTGAGOR to duly, promptly and fully periam, diuharge,
exec~te. e(fect, complete, tomply with and ab~de by each and every the ttipulations, agreemertrs, conditions, and covenants of said promissory note and thii
matgage any w either, and sa~d costs, charges and expenses, exh and every, shsll be immediately due and payable; whether p not there be notice d~
mu~d, attempt to collett w svit pending; and the full amount of each and every such payment shalt bear inferest from the date thereof vntil paid at the
+ate of ni~e per ternum pe~ aneium; and a0 said cost:, charges and expenxs incurred a paid, together w~th s~?ch interest, thall ba satured by the lisn of thu
matpspe.
6. That in the evenl of ~ny breach of this Matgage o~ default on the part of the MORTGAGOR, a(b) ;n tfie event ~ny of satd svms af money
herain refened to be not p~omptly and fu!!y paid wirhin th~rty (30) days nexl after the same severally become due and payable, without dem~~d or notice,
r. f~ in the event each and every the stiputations, sgreements, cond~tions and covenann of sa:d promissc~ry note and th~s mortgsge ~ny pr cither are not
~uly, promptly ~nd fully perfwmed, discharged, executed, efteded, completed, complied with and abided by, 1Fxn in e;iher or any such evsnt the said ag
~regate ium mentioned in said promissory note then remaining unpaid, with interest acuued, and all moneys secured hereby, shall become due and pay-
~ble forthwith, w there~frer, at the optio~ of said MORTGAGEE, as fully and complNely as if alI of the said sums of money were aiginalty st~putated
to be paid on svch day, anyfheng in sa;d prom;ssory note a in this Matgage to the conrrary nofw~thstanding; and thereupon a thereaftr at ths option of
uid MORTGAGEE, without not~ce w demand, suit at law or in eqvity, therefore w thcreafter begun, may be prosecuted as if ~II moneys aetured hereby
had matured prwr to ils inslitution.
7. That in fhe event that at the beginn~ng of a at any time pcnding aoy suit upon this Mwtgsge, w to fweclose it, o? to refwm it, or to enforce
payment of any claims hereunder, said MORTGAGEE shatl apply fo the Cour1 having jurisdiction thereof for the appo~ntment of a Recei~ar, such Court shall
FatFiwith sppoint a receive? of said mortgaged property all and singula?, incfud~ng all and si~gular the income, profita, issues and ?evenves from whatever
wurce derived, each and every of whkh, it being expressly understood, is hereby mortgaged 'si if-apec~fically set fath and dewibed in the granting and
hsbe!+dum clavses hereof, and s~ch Receive? shall have all the Moad and effective funa~ons and powers in ae?yw~se entrusted by a Court to s Receiver, and
such appointment shall be made by such Court as an admitted eqvity and a matter of absolute right to sa7d AM1ORTGAGEE, and without refe?ence to the
~dequacy w in~dequaty of the value of the property mwtgaged w to the sowenq or insofvency of said MORTGAGOR w the defendants, and that such
rents, profin, income, issues and revenues shatl be apptied by such Receiver accordiny to the lien or equity of said MORTGAGEE and the practice of such
GovA.
8. To d~l•:, promptly and fully perfwm, discharge, execute, effect, complete, comply with and abide by each and every tM stipulations, ag~eements,
conditions and covenanr: ~n said promisswy note and th~s mortgage set fwth_ ~
9. That in the event fhe ownership of the mortgaqed premises, or any part tF~ereef, becomes vested in s person olF~er tban the MORTGAGOR, ths
MORTGAGEE, its successors snd aas~gns, may, wi~hout no~ice to the MORTGAOR, deal w~th such successor or successw in interest with refe~ence to this
mortgage and the debl hereby securcd in the same manner as with Nbrtgagor withovt in any way vitiati~g or dixharging 1he Nlortgagori tiabitity here.
unde~ p upon fhe debt hereby setured_ No sale of the premises hereby mwtgaged end no forbearance on tFK part of the MORTGAGEE p its successors
w assigns and no extcnsion of the time for the payment of the aebt hereby secured given by the MpRTGAGEE or its succesews or auigns, a~ull operate
io retease, d~scharge, modify change or affect the orig~nal liab+l+ty of the MORtGAGOR herein, either in whole o? in pa~t. •
10. !t is spec7ficatly ag~erd thaf time is of the essence of this contract and that no waiver of any obligat~on hereunder a of the obligation se-
a;red hereby shall at ~ny time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby. •
11. In add~tion to the forego:ng monthly paymants of princ'ppl ard interest requi?ed by the prom~ssory ~ore secured hereby, mortgagor covenants
and agrees to pay to morrgagee with each monrhly payme~f an addirepnal sum estimared by morrgdgee to be equal to 1/12 of the annuat cost of the follow-
ing:
A-All real property taxes levied or assessed against the above described real estate.
B-Premiums on fire and windstorm insurante as herein requ~red to be carried on the improvements situate on the above described premises.
C-Premium: on such mwtgage gua~anty insurar~ce as morfgagee shall from t~me to time deem fit to carry on the loan secured hereby.
Mwtgagee shall from time to time notify mortgagor in writing of the amount due and payable hereundrr and such sum ahall thereupon be due and
payable oo the due date of the next monthly payment and each sutcessive month thereafter ur,til mortgagee shal) notify mortgagor of a change in such
arnount, Such sums shall bt applied by mortgagee toward 1he payment of real property taxes, insurance prem:ums, a~x! mortgage guaranty insurante
ptemiums.
IN WITNESS EREOF, t said M RTGAGpR has hereunto set his ha~d and seal t e and year first aforasaid. .
Si ned. Seal an II' red i oserrce of:
al)
~ ` (Sean
~ ~ (Sesl)
(Sesq
STA7E OF FLORlDA ~
courvtt oF _ S t. Luc i e ~
e~ro.e ~+~e ~?w~atry appeared Jacob O. Goins
Mattie Blanche Goins '"`i
his wife, to me well know» and known to me to bre
the individ~als described in and who executed the foregoing instrument, and acknow~edged before me that they executed the same for the purposes
therein expressed. And the sa~d- Ma i p R1 ancl+p_ (',,p~s
wile of the said 7arnt~ (1 ('c)inS vpon a sepa.ate and ptiv~r~
e~caminat~on by me taken separate and apart from her sa+d husband, acknowledged to and before me t1~at she execured said insaument freely and volurr
tarily and withovt any compulsion, constraint, apprehensi fear of w from her uid husband.
WITNESS my hand and official seal this - day f Feb aI . ~ A. D. 19 6~
/ lll~Lt .
tary Public in and for the State of Floryia' er t1rye
My Commission expires:
Retum To: _ •
Fint Federsl Savings b loan Associat:on =
~~QTA?YPUBI!C.ST~TFCfF!CRI~Aat`~E ~ ~ ? ~
Of Fort P~erce. : ~ •
Fo.~ Pierce, Florida FILEO AND RECOROEEIr ec~:.:.;s;:c:; E:;: r;~~~, 2~,~l~sa:. • ~
ST. I.UC~E C v~':TY, F1~naaa THROIJGH FRED W, OIESTEIHOA~T'. . ~ .
~ h
ti:.!'C?R'; ~J_'t!•- =C " -
This instrun;ent p;ep4,ed ~y ls4?~0 ~
Ficst F~e,~~( F< Lc~n ~ ss;t. 's~ FEB I 2- P~I I: Os
~ ~ t P Tc~
.
BY ,-i: ~ ~+~~:.s
CL~~i~ C,`RS~T CO ~T~
BUAI(1 l FAGE~ 4
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