HomeMy WebLinkAbout0647 , ~ ~
. - '
To pl~a and contirwowyr kMp on tM butldinp~ ~aw or hK~sha sitwt~ on NW land and on all equtpm~m ~nd p~r~o~alN covK~d h? 1hi~ morq~
p~, with ~p pnmiw~A tMnon paid in fvll, fin iniv~~nc~ in fh~ viwl ~~andard polky form~, ~n ~ sw~t ~pprowd by the MOR~ ~GE~
ie?swano~ in tM wu+l ~t~nda~ policy fam~, in • wm ap{xov~d by tIN MORTaAGEE; in w~d~ aomp+oy w oomP+ni~+ Y
dindt ~nd aU fin «?d wind~ton~ G?swu?a polici~s on ~+y of s~id buiWinp~, ~el? Mt~st thNSM a parf ~Mr~of, In iM app~p+~~ wen afa~s~id or
In suaa tMrwf, ~Fwll contain ~M wual standard morrpa~ clauw a ~uch otha d~va a tM Mortqap» n+aY ~+4v'v~. n~aki^O tl» Iws w~ ia~d poiF
cta. ~+ch ~nd ~vKY. WYabl~ b taid MORTrsAGEE a ib Inttrat maY ~PPM~. u~d ~ach ~nd wNy ~uch polky sMll b~ promptly ~as:yewd and d~IivK~d eo
.ny MW by s.W MORTGwGEE .s iw~hN s.cwtN ro s.id mona.~. d.W. ~nd. ~ I~s than Nn (1~ d~p In adv~na of th~ ~xpintlon of ad~ policy. w d~
liw? to wid NWRTGAGEE a ren~wal Nw~wf, wp~tMr with a haipt fa tM pnmiwn oi wd~ r~wall and ther~ ~MII b~ no f'a~ w wi~~am {MUfi1K~
pl~ad on +ny of wW bvild'up~, any intKa~ th~nin a put tl~wf. unlw in th~ iwm'and wi~h tM lou pay~bl~ a ~fw~s~id~ ~nd b tM ~wnt ~ny swn
of nwrwy bscon?a p+Yabtt v~ wch polky a polida ~+id MORTGAGEE shall Mw tM option w nuiw ~nd ~pply tM ~ on accoum o~ tM M~d~bted~
esass ycvnd M?~by or to pennit uid MORTGAGORS ro no~iw and w~ N w ~MI put therwf fp othe~ pwposss, wiihovt the~eb~ w~ivinp w impaiti ~
i~p +ny p~ib. ~iM a ripht undK a by vktw of this mortp~p~t +~d in tM ~vent wid MORTGJ?GORS ~h+U fa ~r nawn f~il to kMp th~ aid pnmi~es a
insund, w f~il to d~tiwr promptiy My of ~aW pol'Kies of intvr~nce to a~id MORTGAGEE. or f~il promptly to p~y futy ~ny pnmium thsnfw a b anY ~
r~sp~ct f~it b pKfanti discl~uy~. ~x~a»~. ~fhct. ca^Pltb. con~p~Y with and abid~ by this oov~naet. or ~ny put Mrwf, s~M MORTGAGEE may pl~c~ and F
Wy fw wd~ ha~anc~ o~ ~ny part tlwwf without walvinp w~fhdinp +~W oPtion. IMn, pufi?. o~ ripM w~d~r a by virtw of this Mwt~ap~. and tM ~
full amounf of esch ~nd way wch paym~M ~h+ll b~ inwn~di~bly dw and p~y~bl~ and shall b~a inta~st from th~ dah th~?wf untii psid at tlw nN of ~
nir» pN pnfuen pu arrwm and fopethM with wCh inqnst sh~ll b~ Ntund by 1M IiM~of thh InOrt~ay~. ;
t
4. To pKmit. aommN or wff~r no wat~. imWirmeM a d~t~riontion of wid propKty ar w~y part tMrwf. ~
S. To p+y all ~eid sinp~lar ths aosts, charp~s +nd exp~e~. tociudinp ~ rsason+bk anwn~y's fN and oosn of abstr~ets of tirl~. hcuned w p~id ~t ~
any tim~ by s~id MORTGA6fE, b~c~us~ ot in t!r ~wnt of th~ failvn on ~I» p~rt of tM wid AAORTGAGOR to duly, p~omptly and fully pe?farn~, disch~~ t
•xecuta ~ff~c1, aanPt~t~. aanPhr with and ~bid~ b~r esch ~od avery the stipul~t~orw +pneme^~. ca+di~lorr„ and oovenann of wid promiswry noh ~nd this
mortpspe +oY w ~itMr. ud sa~d costs, charpn snd ~xpernes, ~ad~ and ~wry. shall b~ immdiat~ly dw and paY+~t vrhethtr a no1 then b~ notici dr
m~nd, att~mpt w colbct w wit p~ndirgt and tM fvll amovot of esch ~nd wery wd~ pay~ent ~h+ll beu inter~s~ hom the d~t~ tMreof until p~id ~t the
rate of ~ier pe? esntum pe~ annurnj snd all said cdst~, cbupes and expsnies inaxnd w p+id, top~ther with such intu~st, ~MII b~ sKwed by th~ li~n of this
mo?tp+D~•
0. That W In tM ~wM of aq? brsach of Mis Morty+p~ or defwl? on th~ psA of tM 1NORTGAGOR, a(b) tn tM weet sny of aid urrra af money
hereh nfand ro b~ not promp~y ~nd fully p~id withi~ fhirty (3~) daps n~xt afttr fhe sam~ severally becane dw u+d pay~bl~. wi~hovt d~mand a oork~e. ~
or in the ~wnt sach and ~wry tl+e stipulatiora, aprNnwn», conditions u~d toven~nb of u~d promissory note aed this mortp+pe any w ei~h~ an no1
iuly, promptly ~nd fu11Y psrform~d, d~scharped, executed, ~ffbcted, complet~d, canplied wi~h ud abided by. tMn in either a u?y ~uch ~wnt th~ said a~
--r . u...:.y L,w.~. W....d; ~u rnw+~vs s~curad hanbt?. shdl becoa?~ dw and P+Y~
~c_~.~ ~r.. s . •=s
~bt~ fonhwith, or tMnsftM, st th~ option of sa,id MORTGAGEE. ~a fully aod compl~tely u if all of the s~id wms of narwy wen agi~ally stipula~ed
ro b~ paid on such dsy, anythiny in said p?omissory note or in this Mort~aye ro the contr~ry notwithstandinp; and therwpon w thertaher at tM op~~on of
uid MORTGAGEE, witho~t notio~ or d~m+nd, wi~ d lawr or in puity. tMre(or~ or N~ereaher bepun, m+r ba prosecvt~d ~s if ~II montya s~cu~ed M~eby
nad m~rwed Prar ro in tint;rwan.
_ 7, iMt in tM event that at ths be9innieg of or at any tims peedirg ~or wit upon this Mortyag~, or ro foreclos~ k, or to r~fo~m N, a to ~nforo~
payment of any d~ims Aerwoder, wid MORTGAGEE shall spply to rhe Court Mving jur7sdiction ~hereof fw the appantment of a Receiver, wch Garrt sh~ll
Fo?tfiwith ~ppoint • nceiver of said mortysyad property sll snd sagvln, inctudmg al: snd singulH th~ incoms, profits, bsuss and rovenues from what~ver
toures derived, exh ~+d ewry of which, it beinp expressly ve~ders~ood, is hereby mortg+9ed a if speciiically se1 forth and destribed in tht pnntirp and
hab~ndum da~ses l+ereof, ~nd wd~ Reo~iver ~hsll h~w ~II th~ broad and effectiw funct~ons and powen in anywise entnisted by • Cou~t to a Reuiver, and
~uch appointment shs~l be msde by wch Cowt u sn admimd eq~ity and s matter of absolute ~iqht to taid MORTGAGEE, and without rsferenu ro tl»
adequscy or insdeqwcy of tM vslw of th~ prapsrty matpsged or to the solvency or insolvency of said MORTGAGOR a tM def~ndanq, and tMt wch
renn, profits, income, issues aed nvenues shsll be applied by such Receiver accordinp ro ths tien or equity of s~id MORTGAGEE u+d the p?auia of wch
Court.
8. To duly. promptly snd fvlly p~rform, d'acharqe. execute, eHett. tomplete, comply with ~nd abidt by tach +u~d w~ry tM stipul~tions„ apreemenri.
condit'aro and coveosnts in s~id promuwr~ nat~ and this matyage set fath.
9. lhat in the evant ths ownenhip of th~ mortg+9ed premises, or any put theroof, betoma vested in a penon other th~n tM MORTGAGOR, tl+~
MORTGAGEE, its wcceuas and assiyns, m+y, without noriu to the MORTGAOR, desl with such wccessw or suaeua in interest with r~ference to this
mortyspe and the debt hereby aecwed in the ssm~ mamer as with Mortpsgw withoW ln ~~y way vit;atirg a dischuging the Mwtpsgws' li~bility herr
under w upon the debt hereby sewred. No ssle of the premises hereby mortpsped and no fwbearance on the part of the MORTGAGEE or in wccesson
or auigro ~nd no extee+sion of the time for the p~yment of the debt hercby secured yiven by the MORTGAGEE w ib sucussors or assipns, shall operatt
to releas~, d'ad++rye, modify change or ~ffect the wiginal lisbility of the MORTGAGOR hereir~, either in whole a in psrt. ~
10. It is specif'~cally agreed tfiat time h of the euence of this oontract ~nd that no wirve? of any oblipation herw~der or of ths oblipation se~
c~red hareby shall at any Y~me the~e~fter be held to be • waiver of the terms hereof a of the instrurtient secured herby.
11. In sddition to the forego:ng moe~thly payments of princ'pDl snd i~terest required by the promiuwy nole secured her nb 'r
and aprees y ro mortpagee with e+ch monthly payment sn ~ddirional sum estimated by annual cost of the follow-
ing;
A-All real pr taxes kvied a ibed resl estate.
B-Premiums on fire a ' m insurance as here~n requ:red to be csrried on the imp?ovemenb sitwte on the above deiaibed premises.
C-Premiums on mortgaye inswance ~s mortgsgee sh~ll from t~me to time deem fit to earry on the loan secvred hereby. ~
Mortg 11 from time to time ratify mwt9 ' ' f the smount due and payabk hereurKJer and such wm shsll therevpon be due and ~
payable due date of tF?s next monthly payment and each success~ hereafter until mortgsgee siwil notify mwtgagor of a dunge in such ~
am . Such wms shall be applied by mortgagee toward the payment of real property a , prem+ , mortgaye guaranty i~nutant~
pr tweq.
i IN WITNESS WHEREOfi the said RTGAGOR has hereunto set his hand snd sesl the day and year fint aforaWid.
Sipn~d, Id • dellver~d in pr of: J~ ~^'~DZ 11/~^---
I
~ ts~+4
~ _ .
? ~ n
~ o
n
ATE OF FLORIDA ~t
~~~pF St. Lucie ~ ~ f
d.fort m. p.no,upy ,pp.,~ed W i 11 i e C obb i
DOrothv CObb his wife, to rrN well known ~nd known w me ro t» j
~
the ind'nidwb desvibed in ~nd who ~ascutad ths fore9oinp Ins~rwnent and acknowleclged befor~ me that they ~x~cuted the same fw tM pvrposes s
rherein ~xpra~ed. Md th~ said Ibrothyt Cot)b ~
wife ot th~ said , :1lillie Cobb , upon • sepa.ate ~nd priv~»
~ exsmin~tion by me tsken sep~rate snd span from her said husband, ~dcnowleJped ro~nd befwt me that she ~xecuted said irqtrwnsnt freely arx! voluo-
tariiy and without ~ror oompulsion, oonstrsint, sppreF~eruio`n,~ f~u of or from hsr said husband.
~ WITNESS my hsnd ~nd offk;al ~eal this r'~ day of A. D. 19~L~
~
~
Notary Public and for the State of fforid~ ~t larp~
My c«nmis.ia, .xpi.a: J/- 2 (p -7/
~ R~"^'T°~ FILED ANp_ RECORD
first Fydera) Savirgt 3 Lo+n Aswtiation . '
~ Of Fo.r PK.ce. ST' lUC~E COU ED NOTANY /UB~IC. STATE OF fLORlDA AT LAIt6E
~ ~ .t_ NTY, F~~~ MY COAAAAISSION E~cr'IkcS rvov. ~s. ~s» ;
~ fort Pierce. Flwid~ ?.:RIr'-. ' soMOCO Jnwou~M ~w..o rr. O~EStt~~fuwf.
1sS$12 - - -
~ ~ ,se .
~ ared by QPR 3 ~ 10 : ~ g _ ~
~ 7his instrument prep ~~y ` ~
Frst federal Sav. & Loan Ass~-
; r,`~
Pierce t` ~ F- ~ ;
-p ~ -
~Of fott CLERK ~ R ;S . : ~ p - ^ _
- - ~ .
ClRCUfr COURT -
" ' " -
gy - ~ _
.
- 1~ ~ .
DLITi ~Al/C \ -•~ryt~ `
~ ~ ~
- -
- - - - - _
_ : ; ~x:~ r _ ,