HomeMy WebLinkAbout0901 To pl~u u~d ca?tinuouily ke~p on th~ bui!d;np~ nww a l+treafter situ~t~ on s~id land ~nd on ~II puipm~ot a~d p~non~lly cowr~d by Nds matg
p~. witk all pr~miw~A Iha~on p~id in fvll, fir~ uuurance in d~ uswl s~ardud poliry funy •~um ~pprowd by tM MORiGAGEE, and wtndslam
iniwa~n ie ~h~ ~+susl sundud policy fonn, in a i~m approwd by th~ MpRTGAGEE; in wd+ company a tanp+ni~s ~s H+~ MORTGAGEE may
d~r~ctt and il) fk~ u~d w'u~brm inwr~na policits on ~~y of said buiW~rgs. any intKat tFNrein w p~rt tharwf, tn 1h~ apqrep~~~ wm ~fonsaid or
I~ ~xass tl,e«of, sMll cootain tlr uawl st~+dud monqa~ dava~ a such Wha clavu ~t tM MatpapM may rpuin, maktnp tM loa u~d~r said po1F
cia, tach u?d swry. p+ysble a taW MORTGAGEE ~s its inMrest eeuy ~~+r, u~d exh and ~very svch policy shall b~ promptly ~u:9rnd snd d~livKd ro
ar,y h.W by w~d N10RTGAGEE .s funh.r aecwity ro s.id mor~p~• d~b~, and, oot I~u tMn t~n p0) days tn ~dvanc~ ot tM txplr~rion of ~ach polky, ro dr
I;w. ro sad MORTGAGEE • r~wal t1+Kwf, top~rlw~ wirh a rec~ipr fw fM pnmiwn of wch ren~w~lt and rhK~ aMll b~ no fir~ w wiad~tam le?sw+na
pl~ad on My of taid buildinp~. ~ny interqt tlwrHn ar part fl?HlOf, unteu in ~M fwm'and with tM loss pay~bl~ +s afor~saidt u~d in ti» ~wnt ~ny sum
of mwwy bacoma p~Y~b1~ undK wch polky a polici~s said MORTGAGEE shap haw tM op~ion ro rateiw and ~pplr tM ~arrM on ~ccou~t o1 th~ ind~bted~
nra ..cv~.d M..by a~o permif ~.id MORTW?GORS ro reuiw ~nd us~ it or +~y part thereof fo~ other purpos~f, without thxebr waivi~.y w imp+ir-
Inq ~ny puity, li~n a ripht ~r a~ by virtw of this mort~ay~t ~~+d in th~ ~ven1 wid 1VIORTG/1GORS ahall fa ~ny nsson fail ro keep tFa said psmists ~o ~
~nsw~d, or fai) W d~livK prompt~y u?y of said policiss of ir~w~snc~ to said MORTGAGEE, w ta~i P?o~+P*h ro Pay tv~h? any p.~mium tMr~fw a in ~nr
r~sp~tt f~il to p~rfoaq, distha?9e, sx~tut~, eff~tt. compl~t~. tomply wi~h and abid~ by this oovtnaet, a+oy p~n ht?eof, s~id MORTGAGEE may pl~ce snd
paY fa wch l~wranc~ w any put thereof without waNiop or aff~ctinp ~ny op~an, Il~n, puity. •a ?iph! w~d~r or by virtw of this Mortqa~. a?d the
full amovM of Nth and wlry suth piym~nt shall M immediately dw u+d p~yabl~ and sMll b~s? iM~rest hom tM dat~ ther~of untll paid a~ th~ r~» of
n~n~ pK pr?wrn pN ~nnum and to9etFw with sucA interat tMll ba secvr~d by tM ~Nn of this mort~ape.
a, To p~rmit, aommlt ar wffer ~+o wat~. knp~im+ent or det~?iw~tion of wid prop~rty or ~ny paA tMrtof.
S. To pay all snd siegul~r ti»•costs, chup~s and ~xp~nses, inclvdinp a reasonabl~ attanay's fee snd aosn of abstraNS of tifb, incvrred or paid at
~ny time by said MpRTWIGfE, b~cavs~ o~ in tM ~wat of tM f~ilun on th~ psn of the s~id MORTGAGOR to duly, promptly ~nd f~lly perforrty d~schugR
•xecvt~, ~ffed, oompl~t~, oomply w~th and abids by ~acA ~nd ~very tM stipulations, apre~menfs, cwiditions, and oovenants of uid promissory not~ and thw
mortpap~ ~ey o~ ~i~l~sr. ~nd a~d costs, chs?~s and ~xp~es, eacl+ and every, sFw~l b~ immedi~tely du~ ~nd p~y~bl~: whetFNr a not tMr~ be eotici dr
m~nd, ~nempt to coll~ct a suit p~ndirgs ~nd tM full ~rrw~nt of e+d? ~nd every wch p~ymer+t iMll b~u intere~t from tM dat~ tFwreoi until p~id ~t the
rate of nins per centum per uuwm; snd all uid c3sts, cMrye~ and expeous +rKwr~d a paid, toQ~ther with such inhr~st, shall b~ s~cv~ed by ti+~ li~n of thw
+natWp~•
e. Th~t j~) ie the ~wnt of any b«ach of this Mwtyape a default on tl,~ pan of the MORTGAGQR, a(b) in tM ~vent ~n~of s~~d wms of ma»y
her~in nfMred ro b~ twt promptly and fully psid within ~hirry (3p) d~ys next efter Ihe samt severally becom~ due and payabl~. witho~t demand or notice.
or In tl+~ ~w~1t ~ach ~nd wery th~ stip~rlations„ preemenb. tondiYans snd coven~nq of :aid p~omiuory nots and this matppe ~ny a eitha ~re not
iuly, p~omptly and fully pa~fwm~d, d'+scharped. executed, ~fflcted, compl~ted, compl'~ed with end abided by, th~n in either or arty such ~w++t ths aaid ap~
prs~t~ wrn m~ntiomd in ~aid promissory note then rem~;niny w~paid, witA imerest sccrved. and a11 moneys secwed her~by. shatl becam due ~nd pay~
abl~ twthwith, w tFiereafte?, at tM option of said MORTGAGEE, as fully aeid eo~np4tely as if all of the isid sums of money were wiyinally stipulatcd
to b~ paid on such day. anythirg in said promiuory ~wte or in this Mort~sge ro ths contrary notw;thstsnding: ~nd Ihereupo~ a theresfter at the option of
ss;d MORiGAGEE, without not3ce or demand, wit at lawr or in puity, therefae or thereaher begvn, may be prosecuted as if all moneys s~cvrad heroby
had matwed priot to its institution,
7. Thst in tlr event that ~t th~ beginninQ of o?~at any tims pendiny ~oy svit ~pon this Mortgsgs, d to faeclos~ h, or to refam it, w to enfora
paymsr~t of any dsims hKeunder, said MORTGAGEE sMll apply to the Coun havin9 jurisdidion thcreo( fa the ~ppantment of a Receiver, svch Co~rt sl+~ll
fwt}iwith ~ppoint a receiwr of s~id mortyaped property ~II and sirgulu, indud~ng all and singular tM (ncome, p?ofits, isiues and revenves from whatever
wu?ce derived. e~d~ and every of whKh, it beirg sxpressly understood, a hereby mortgaged as if specHially aet fbrth snd described in the ~raming u+d
habendwn claus~s hereof. and such Receiver ahall have all the broad and effective f~ncr~s and powers in anyw~se entrusted by a Court to a Receiv~r, ~nd
wch ~ppoinrment shall be msde by wch Court u an ~dmitted equity ~nd ~ matter.of absolute right 1o iaid MORTGAGEE, ~nd without ~eference to the ;
adequacy w kudequ~cy oi tM wlue of the preperty mortgayed or to the sowency w inwlvency of said MORTGAGpR o• ~he defendann, and tFiat such
renrs, profin, lncome, issves ~nd revenues sh~ll be applied by such Reoeiver accwdir~ to the lien or equity of said MORiGAGEE and the practin of such
Court.
8. To dvly. p.omprly and fu~lY perform, dixMrg~ execute, effect. complete, compiy with ~nd abide by each and every the stipulations, ~greemenq. '
conditions snd covon~n~s in said promissory note and this mortyage ut fwth. -
9. Th~t in the event the ownersF~ip of the mo?tgayed premises, or sny part thereof, becomes vested in a person other than the MORTGAGOR, t!»
MORTGAGEE, its succasson and a~aigns, may, wi~houf notice to tfie MORTGAOR, deal with such succcssw a successor in interest with reference to this i
mortyape and the debt hereby senrred in the same ma~ as with Mortgsgor without in any way vitiatiny o? discha~ging the Mortgsgon' liabilfty f~ere~ ~
under a upon tl+e debt hereby secured. No tsie of the premises hcveby mortgaged and +w fabearance on the pa~t of ~he MORTGAGEE er ib successon
or ~uigns and ra ex~cnsion of the time fa the p~ymem of the aeb~ hercby secured given by the MORTGAGEE o~ its sucusson or aui9ns, shall operate
ta nkss~, dischary~, modify ch+nge or affect tF?e aiginal (iabil~ty of the MORTGAGOR herein, either in whoie a in part.
10. It b spec~fiully ayreed tMt tim~ is of tF+e esscnce of this contract and that ~o waiver of any obligat'wn hereunder or of th~ obliyation sa
a,rad h~r~by ahall ~t ~ny time thereafter be held to be a waiver of the terms hereof or of the instrument secured herby.
I1. In add~t'wn to the forego:ng monthly payments of princ:pDl and interest ~equired by the prom~ssory rate secured hereby, mortgagor coveeanri
and agrees to pay to mortgagee with each momhty payment an add~tional sum estimated by mwtgsgee to be eqval to 1/)2 of tF~e annua! cost of the follow-
~n9c
A-All re~l properfy faxes kvied a assessed against the a6ove desuibed real estate.
d-Premiums on fire and wir~dstorm inaurance as herei~ requ~red to be u~ried on the improvements sitwte on the above desaibed premises. ~
C-Premiums on such mwtgage gwnnty insurance as mo.-tgsgee shatl from time to time deem fit to carry on the ban secured heieby.
Matgsgee shstt from r;me ro ~ime norify mw?gagor in w.it~ng of thc smount due and payabk hereunder and such wm shall thereupon be dve and
payabl~ a? ths due date of the next monthly paymem and exh svccessive mo~th thereafter ur.til mortgsgee shall notify mortgagor of a change in wch
amount. S~rch wms shall be applied by mortgagee toward the p+yment of real property tsxes, irnurance prem~ums, and mortgaQe guaranty insurarue
premiums.
IN WITNESS VYFIEREOF, the said N10RTGAGOR Ms hereuntp sct his hand and seal the day and ear fint aforesaid.
~
Sipiwd,~ Md_ ~gl dsliwrad in tF~r~ of:
~r•-+~I~/tp .i~~
r~a ?
(r~Y-i v n
(Se~ ~
. .~a • • ~
aq
STATE OF FLORIDA ~
~ Saint Luc ie ~ ~
~f~ ~~„~h Howard H. Dumford
•nd
V@IIIId E. Duuaford his wife, to me vwll known snd known eo me to b~
tf» individwls de~cribrd in +nd wF+o ~aecuted the foreQoirg instrum~M, and aclenowtedyed befor~ rrn that they sxecuted tFK wme fw tht pwposes
rh..•Fn .np..sqd. Md ..Sd- Ve lma ~ D mf o d
wit~ d tM wid ~~dld H. DumfOrd upcn a sep~r~te and priv~M
e•anb+at'an by en~ taken ~parat~ snd apaA f~om her said hvsband, acknowledped ro~nd befw~ m~ tiwt ~M exacuted said iratrumtnt fr~tly and volw?-
r~rily ~nd w~thovt sRy eompukioe?, consaa,nt. +ppreirnuop, o? fsa of or from ha wid Fwsb~ '
WITNE55 my i?u~d ud oific;a! s~al +h:. ~p ~•r day of ~
A. D. 19
~ .
t
Not~ry ublic in u~d ior th~ Shtt of F{orid~ ~t larp~
Retwn to: Mr Commis~an ~:pins: 1~' 1` ~~'r ~
Fim s.~~, a?o.~ ~FtLEO AND R~GORO~D I
a Fa, P~ene. Luer~ ~:~UNrr, ~^La, ror~r ?ue~~c. sTAtE Of RORIOA26 ~aCE E
Fort Pierce. Fluida ?~'I~yt~` " MYCOMh+~~S~ON lrt!'IRESNO~•
65^• ~ ~p(p TlINJNYII fR+D r(~,o~csi~~MU""
J
~~8 _
rtG~ s : ~ ? . .
~....,~g - : _
is instNment prepared by . . ~ `
rn loan Assn. . , ; " ; ~ , : .
first f ederal Sav. & c:l f~C u rT C G J P, T -
of ie;ce . - - .
By - -
( ~ soox 171 PACE ~~0 ~
_ , ~ 4~,. ~
~ r -
~ ~ . _ _ '