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HomeMy WebLinkAbout0417 d ? To plat~ u~d contlnuouity kt~p on tM buildirgt now a Mreahe~ ufu~t~ on s~id I~nd a~d on ~II equi t u~d p,. wirh ,II P^1e~ Wnon.ly covK~d by thts mat~ . premi~rrq ~h~rton paid in full, ti~e i~suranc~ in the ~sual stand~rd policy form, ~e? • wM ~pprowd by fi~t MORTGAGEf, i~d wtnd~torm inuuu~ct in tM ~twt itandard potrcy form, in a iu~n approved by ?h~ MORTGAGEE; in ~uch compa~y or companiy as ~h~ MORTGAGEE nwy dir~= ~nd ~II fir~ and wind~torm iewrana polki~s on ~~y of said build~np~, ~ny interat tl?K~in w put ther~of, in th~ ap~~p~~~ wm afaaaid or In ~xaaa ~F~wf, sMll contain tl+~ wwl standud martp~ee ct~oa~ a ivch od+N cl~u~ ~s tM MatyaaK may r~qvin, m~lh+p tl» Iws undtr aid poli~ ciw, eacA u~d ~v~ry. p~yabt~ w said MORTGAGEE ~s in imereit may ~pp~a., and sach and wery svtA poliry iMll b~ promptly ~ii:yned u~d d~livend to any Mld by satd MORTGAGEE ~s funAe~ s~cvrity ro wid mortys~e debt, ss+d, ewt I~ tMn t~n (10) d+y~ tn advanc~ of ~I+~ ~xpiratioo ot asch policy. ro dr livK to wW MORTGAGEE ~ r~newa! tF~e~eof, tope~hN wifh a rec~ipt fw the pr~miwn oi such renew~l; and Iher~ shall M ~o fir~ a windttam laaw~~n pl+ad on ~ny of ~aid buitdinps, ~ny inte~esl tMr~in or part tF?Kwf, unieu in tM fon+i ~nd wi~h tM loss pay~bk ss ato.~saidt ~nd in tFw evMt any sum of mwwy bacpn~s p~y~ble u~d~~ wch polity p policia taid MpRTGAGEE shall haw fh~ optan to rsc~ive and apply th~ sanN on aaount o~ ths ind~bted rNSS s~cvnd hereby or b permit saia MpRTGAGORS fo receiw ~nd v~ it w ~ny part t!?ereof fw othrr p~~posei, without thereb~ waiving w impair- inp aoy puity, li~n or riqht vnd~r or by virfu~ of this mortyay~t and in d~ ~v~nt said MORTGAGORS shall fa any r~awn (sii ro keep t!?~ said premi~ ~o insured, or f~il b deliwr promptly any of H~ pOlit~Oi Of infWfn[f fp said MORTGAGEE, w fail promptly to pay futly any premium tMrefw or in any nspast fail b pKfotm, dixM~9~, execvte, ~ff~ct, compMte. canply with and ~bids by this cov~nant, or any put h~~eof, said MORTGAGEE may place and paY fw wch intut~ncr or ~~y paH tMroof without waWieg w~ff~ttieg anY option, 1iNy puiry, a ~ipht w~d~r p by virtw of this MatysQs, and the full amounl of t~ch u+d ~wry wch psyme~?t sMll b~ imm~diat~ly dw aod p~yabl~ ~nd ah~ll beu int~rest hom tha d~M the?wf until paid a1 th~ rat~ 01 nir~ pK centvm p~? ~r?rwm a~d toge~her with iucA intasst sMli be iecured by tM lien of thts lnort~ape, 1. To pKmit, oomrnit or iuffer no wsite, imp~irment o~ deteriontion oi sc.Ll property or u~y part iheno;, S. To pay ali ~nd sinp~lar ths toats, chsrpes ~nd expenses, ir+civdinp a.~asonsble ~ttw~ay's fes snd oosts of abstr~cls of tiNe, incvrred or paid at any tu~e by iaid MpRTGAGEE, beause w in the evtnt of the failure o~ tha pa?t of the said MORTGAGOR to d~ly, promptly snd fully perform, d~schargR sxecvte, eifeq, compkte, tomply w~th and abide by each and avery the ttip~ta~ions, ~grcen?eny, conditiaq, ar~d oo~rerynts of said pomiawry not~ a+nd thi~ +nonQape anY a et~her. and sacd cosn. chsrpes ~nd experses, each aod ~very, sMll be tmmediately dw ~nd p~y~blr, whetMr p npf 1F1Otf b~ no~~ce da mu~d, itte,npt to collect o~ wit p~ndny; and the full smo~nt of each and rvery wch payrtKM ~hsll bear iroerest irom the dat~ therwf until paid at ~he rate of nine per tcntum per annum; end all said cbsts, thar~es and expenses i-~wrad or p~id, together with suth inter~st, sMll be Ntured by th~ liwn of tFw 'n~t~~ ~ e. That (a) in the avent of sny bresch of this Mortg~e or default oe~ !M p~rt of the MORTGAGOR, w(b) in tM event ~ny of ~sid swns of money herein r~ferred to be not prompHy and fully paid within thirfy (30) days next after the same severally betoma dw end paysbls, without demand o~ notice, or in th~ ~re~t each and every the stipulatior?s, agreemenn, co~ditia?s and coven~r+~s of sa~d promiuory note snd tF?~s mortqape any w either ue no1 iuly, promptly and fvlly performed, discharped, execvted, effected, completed, complied w;th and ab+ded by, lhen in either or any :uch ewnt tM said ag p~ey~te wm mentiw~ed in said p?omisso~y no~e then remsinin~ unpaid, with imerest sccrued, and all moneyi secured he~eby. shall become dw and pay~ sble forthwitFy or thereafter, ~t the option of said MORTGAGEE, ~s fully a~i completely ss if ~II of the said sums of money were orginatly atipulated to be paid on such day, a~?ything in said promissory oote or in this AAartgage to the ton~rary ratw;thstsndinp; snd tl~reupon or tl+rrcafte? at the option of said MORTGAGEE, without notice w demarKl, :~it at law a in equity, thereforo or thereafter begon, may be prosecuted u if all moneri secured hereby ' had m~tt;red priot to its institvtion. 7. TMt in the eveot that ~t the begi:?ninp of w at any time paiding aoy wit upon this Mortgage, or to fo~eclose N, p to ~eform It w to enfwc~ payment of any cla'uns I+ereunde?, said MpRTGAGEE shall apply to tFw Co~rt having jvrisdiction thereo} for the appo~ntment of ~ Receiver, such CouA shsll fwtFiwith appoint s rece'rver of said mortgaged properfy all ~nd singular, irxlud~ng all and singul~r the income, profits, iuues ~nd revenue~ from whatevsr eowce derived, exh and evtvy of whicl~, it beirg expressly unde?stood, i~ her-by mwtgagcd as if specifically set forth and dewibed in the qranting a~+d habendwn clauses hereof, and such Receiver shall have all the brosd and effenive funce~ons a~d powers in anywise entrusted by ~ Co~rt to ~ Receiver, ~nd :uch appointment shall be made by such CaM as an sdmitttd rquity u?d a matte~ of absolute ~ight to said MORIGAGEE, and withwf reference to ihe adeqvacy w'w~sdequacy of fhe wlue of the property mortgaged or to the w~vency or insotvency of said MORiGAGpR or the defendsnn, aiul th~t s~rch renn, profits. incorne, issues ~nd revenues shall be applied by svch Receiver accwdiny to the lien w pvity of aaid MORTGAGEE and the practip of such ca,n. 6. To duly, promptty u+d fu11Y Perform, dischs?ge, execute, effect, complete, comply with and abide by each end ewry the ttipulations, ~grcements. conditions u~d coyen~nrs in said promissory notq and this mortgsge set forth. 9. That in the event the ownQrship of ~he rtwrtgsged prerr,;ses. er any part tF+e~eof, becomes vested in a penon ofher than the MpRTGAGOR, th~ MpRTGAGEE, in sucteuors snd assigns, m~y, w;thout notice to the MORTGAOR, de+l with such successor ol wttessor in interest with refcre~ce to this mat9ye and the debl hereby secured in the ssme manner ~s with Nbrtgsgor without in any way vitiatinp or disth~rgirg the Mortgagori (iabiliry here- under w ~pon the debt hereby secv~ed_ No sale of the premises h~reby mortgsged and no fwbearance on the pirt qf the MORTGAGEE w in suaessors or ~uigra ~nd no exteesion of the time fw the p~yment of the debt hnreby aecu~ed given by tl+e MORTGAGEE w ita successors q asfigr?s, sMll operat~ ro rclease, discl+ar~, modify change or affect the aiginal liability of the MORTGAGOR herein, either in whole or in put. 10. It is specifically agreed that time is of the essence of this conrnct and that no waiver of any obl;gation hereunder or of the obli9ation se- a:red hereby shall at any time thcreafter be held to be a waiver of the terms hereof w of the instrumeM secured herby. 11. In add~tion to the forego:ng monthly payments of princ:pDl and interest required by the promiuory note secured herebY. mortgagor covenants ~ an~d agrees to pay to mongsgee with each monthly paymcnt an addirional wm estimated by mor~gagee to be equal to t/)2 of the an~ual cost of the follow- ~ { A-All resl properfy taaes kvied p assessed against the above desuibed real estatc. B-P~emiums on fire and windstwm inwrance as herein requ:~ed to be carricd on the improvemcnts :itust~ on the above deuribed premises. C-Premiums on such mortgage gusranty inwrar,ce aa mortgagee shatl from fime fo time deem fit to carry or? the losn secured hereby. Mortgagee shall from time to fime notify mwfgagor in writ;ng of the amount due and pay~bk herevnder and such wm shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter until mortgagee s}?all notify mort9agw of a change h+ such prom~vms~h sums shsll be spplied by mortgagee toward fhe paymenf of real property tsxes, inw~ance prem:ums, and mortgage guaranty insura~ce IN WRNESS WMEREOF, said MORTG h~ hereunto xt his hs~d ~nd ual the day snd year first aforesaid. Sea nd ed in~the pr of: ,x ~ n _ .~,n ~ K--n ~-n srare of Fioaioo? ~ couNn oF _ St. Lucie ` ; s~tae ~.,,~„uy,~.,~d Ravmond 0 Howell and ShAron L•~ HOWeI ~ his wife, to me wett k~own and known fo me to bs !he individu~b deftrebed in ~nd who executed the foregang instrument, and acknowtedged be{ore me that they executed the same for the purposes r?,~~~~~ .,~P.~e. ,~„d ,f,. ,,;a Sharon How 11 ~ , ~ wife ot ftN ~aid _ . ~VTt1p2'1[j HOL~pll l vpon s upante and priwt~ ex~m'~naYan by me taken ~epsnte and apart from her teid~nd. ~tknowledyed to and before rtw that she executed said instrument fresly and volurr rsrily ~nd without ~rqr compvlian, canstraint, apprehension, esr of w from her ssid husband. WIINESS my hand and official sesl this day of March ~ p. 19 (~8 ~ Notary Public in +~d for tne State of Florid~ at lar~s My Comrniuion ~xpires: Return fia Ftrst Federal Ssvi~gs d. loan /lssociation • ~~ry P~. 51?i2 J~ FiO:ida at [arge of Fo.~ P~e~ce. My C~~as?ssu% Gr~,~ras ~1or. 3, i~69 fo., Pierce, flwida FlLED AND RECORDED' ~ ~,,u,~„~a f~. a~w~ G Y~^` ~7. L~JC~E COUNTY. FLA. . • _ _ • c: , q~?1~~7 • ~ .L6565S y~,,........ ~ , ~ 29 W~I 10 ~ Z ~ ' ~f~'~ ~ ~ c c~ ; _ 68 h~AR - ~ ~ ~ . - . This ~instrument prepared tiy _ ~J ~ sr ~s o ' t fede Sav. & Loan Assn: : a. . . i ~^~~M~~t;r•. Firs ral ~~ERY~CIRCUIT COURT . of fort Pierce ~ . ~ •%f.. J r, 3 J. Colli rb By aoax 171 PA~ 417 ~ _ ~~~1 ~'f~61c.~s'4'i "~3 3 3's. . . _ ' _ ' " _ . _ -~.e~'~~~-y"~42~D~."..'_