HomeMy WebLinkAbout0992 3. To plac~ ~nd contiewovahr kNp oe ~M buildinps now a M~~afiM ~ituat~ a+ ~aid land ~nd on ~11 equipm~nt a+d pafa+a~h oownd b1? Mds ~wo~q'
q~, with ~II pr~miue:A th~rto~ paid in full. fit~ inivr~nc~ tn tlv wwt surdard policy fam, r+ a tun+ ~pprowd by tM MORTGAGEE. ~nd wte~ds~an?
Inwrantt in tM vswl ~undard polity foren, in • wm ~pprov~d by tM MORTWIGEE. in uuh tomPanY o~ ca~P+nits as tM MORTGAGEE enay
dinct~ ~nd ~II fin ~~+d wir~torm iniwu~a Policia on ~ny of N1d b1liWif~L My If11N~lf tI1K~{11 Or Pi?1 tIMfWI, b fM py~paq sum ~fae~aid a ~
In uaat thenof, ahall cant~in tM wwl sNnd«~ matpa~ d+u~ w such aMr d+uM a~ tM Maty+De+ r^+r n4u'a~, m~kinp ti» bss v~ wid po1F ~
ci.~, e•ch and ~v.ry. MY+bI~ w said MORTGAGEE as in inter.af may app~ar. .nd •ach and .wry ~uch poikY shall b. pranpay us:9n.d •nd d•Nv.nd a ~
.ny Mld by wW MORrGJ?GEE as fu?~Mr a.cw~~y ro s.id marpap• d.br, and, not 1~a tMn t~? (10) d+ys In ~dvu+c~ of tM ~~ation of ~ach policy. to d?
livu to wid MORTGAGEE a n+»w~l th~nof, top~~ha with • roaeipt ta th~ pr~miwn of wch renew~lj ud th~n ih+ll b~ ~+o fin or windstam insw~na !
plaad on +nY of said buildinps, u~y MtKM tMr~~n or put tl+w~of, uetess in tM fwin'~nd with tM loa paY+~~ aforewidj u+d in th• ~wnt ~ny twn
of mon~y beca~s P+YaW~ w+d~. wch policy a polici~s said MORTGAGEE ~hatl Mv~ tM optan ro rewiw and apply rM s+rn~ on aaouM o1 tM Ind~btd-
mas ucvr~d Mnbr or a pKmit iaid MORTGAGORS ro npive ~nd us~ h w any part rhereof fo~ othe~ p~rrpos~s. without ths~eb~ waivi~g a impair-
inp anY puity, liu~ w~ipht w~dN a by vietw of t!?a enortpap~t N+d in 1M tvMt s~id MORTGAGORS sh+ll fw a~y nason fail fo k~p tF~e s~id pranises to.
u~
imwed, o~ f~il b dtliwr promptly ~ny of s.W polkt.s of iewnnc. ro aid MORiGI?GEE, w i~il promptly fo ~Sr f~llr sny pre~nium ~i~t~~fo~ o~ in any
rNp~et f~il to pKfan~, diuhuy~, ~z~cut~. ~ff~ct, a~+~pl~t~, comply with ~nd ~bid~ by this covenant, or any put hx~of, s~id MORTGAGEE may p~ace ane! ~
WY fw wch l~awana a~ny p+~t t1+Kwf without w~lvinp w aff~ctinp +nY cPtion. ~i~n. W~Ery. w ripht u~ w by vinw of thh Mortp+p~. u?d tM i
tult ~nt of ~ach and ew~Y wch WYm~e~t sMll be invmdiaMly dw +~d p~yabb and sA+lt beu i~~t hom tM d~h ths~eof ~n?til paid at tM r~t~ ol
nine pM cae?twa pK ~nnum ~nd tog~tl+a witA such int~nst shsll be savnd by tM lian of this ~torppt.
1. To pHmit, commit ar wfhr no ~r~st~, Imp~irme~t a detaioration of said propKty o~ any prt thereof•
S. To pay all uid sirgular tM.oab, ch+ry~s ~nd ~xpens~s. includinp • nawn~ble ~ttorn~y's fe~ and oosts of ~bstrscts of titl~. incurc~d or paid at
any Ywm by s+id N10RiGAGEE, beca~N or in tM ew~t of ths failun on the pa~t of th~ wid MORTGAGOR w duly, pranpty ~nd fv11Y pKforn~, d~schsryR
~x~tvte. ~ff~ct. oomplet~ comply with and abide by ~ad~ and every th~ stip~la~io+a, prc~men». conditions. +~d covtn+nts of s~id promiuory note and tFw
~W+O~ +^Y w~ithN. and said cosri. chupes and ~xpe~ws. ~ad~ u~d ~vary, sMll b~ immediately due ~nd p~yabl~: whetlwr ot not tMr~ be notice dr
ma~d, att~mpt to oolktt a suit p~~nps +nd the futl amow~t of ~ach and ewry wch p+Yment shall b~u inter~st hom ths dat~ th~rwf until paid ~t tM
rate of r.in~ per centum pa annum; ~nd all s~id cbstk cM?pes and expens~s ie~cwrad w paid, wpeth~? with such interat, shall b~ s~cured by th~ Iwn of this ;
nwrqap~-
0. That 1n tM ewnt of any breach of this M«t9age or d~fault on th~ pa?t of tM MORTGAGOR. or (b) in tM ~wm ~ny of said wms of morKy
Mr~in r~far~d to b~ not promptty ~nd f~lly p~id withi~ thirty (30) d~y~ next after the sam~ sewr~ly beca++s dw ud payabl~, witho~?t demand or notice,
w(~ in tht ~vMt each ~pd ~very th~ stipvlatiom„ apraan+tnts„ tonditions snd tovetunb of s+~d promiuory ~ote and this mortp~ ~+y a ~itMr u~ na
i~ly. pranptlr and fully pKform~d, discMrpad. ex~cuted. efflcted. compl~ted, complied with and abided by. tMn in eithe? w~ny such ~wM tM said a~ ~
prg~te swn m~ntion~d in s~id promisswy r?ot~ thtn r~maininp ue~p~id, with interest scuued, and ~II moneys sea?red hereby. aMll b~com~ dw and p~y~ `
~bl~ fo~thwith, Of tFNfNffK, at th~ option of said MORiGAGEE, ~s f~lly and canpletely u if all of the s+id swns of mon~y were wipinally stipulated
ro bt paid on such day, anytAinp i~+ sa~d promissorY note or G+ this MortOage t~ the contrary notwitMtandinp: snd therwpoe~ or there+fta ~t tlee epiwn of
~sid MORTGAGEE, without notic~ a dem+nd, wit at law or i~ p~iry, thcrefwe or tF~areafter beyun, m+y be prosecuted as if ~II montys Hcured her~by
had mahltld prior to i» irntifution.
7. TMt tn tM went that st tM beginninp of a st ~ny tim~ pend'ny ~oy wit upon this Mat9sge, or to foreclos~ N, o? to reform it, a to enfwq
payment of ~ny d~ims haeunder, said MORTGAGEE shall apply to the Cou?t havirg jwisdid'an thereof for the appaotment of a Receive~, wch Cov't shall
fOftFiWItI1 appOifll i fKlivN Of iaii~ ~nOft~~ld pfOPlfty all and sirg~lar, includ~nq all ~nd singular tlx tncan~. p.ofits, Iswes +nd revenues from whatever
wurq dKiwd. ~sch and every of which, it beinp expressly v~derstood, is hereby mortgaged ss if ~pec~fically s~t fath and described in the 9r~ntin~ and
Mbee~dum clauus hereof, and wch Receiver shall 1»ve all the brosd snd effecriw funct~ons uid powen in anywise entrusted by a Cwrrt to a Receiv~r, and
such ~ppointm~nt shall be mad~ by wtM Cov?t u s~ ~dmitted equity ~nd a matter of absolute r'ght to said MORTGAGEE, and w:~hout reference to the
adpvacy or in~dequacy of the wlw of tl+e prbperty mwt~a~ed or to the soh~ency w• insolvency of ~aid MORTGAGOR a the defendann, and th~t urch
rents, profits, incane, iuues u~d rw~mies ihall be ~pplied by such Receiver sccwd'u~y to the lien w puity of said 1NORTGAGEE a~d tAe p?sctice of wcA
Court.
8. To duFy, prompNy ~nd fvlly pNfwm, dnchary~, execute, effect, complete, comply with and sbide by each and every tM stipulations, apreemenri, ~
cond'itions a+d coven~nts ~n said pran'~s:ory note and this mortpage set fwth.
9. Th~t in the event the ownenhip of the mortgsped premises, a any part thereof, becanes vested ie • person other th~n the MORTGAGOR, tM t
MORTGAGEE, its succeuon ~nd +uiyns, m~y, withouf norice to the MORTGAOR, dcal with suth sutcessor ot successor in intaest with retcrence to thit
mon9~ps and the debl hereby secwed in the same manner as with Nbrtgagor without in any wsy viti~tirg or d~stMrging tFw Mort9agors' lisbiliry herr
u~der w vpon the debt hereby secured. No ale of the prem~ses hcreby mwtgaged ~nd no forbea~ance on ths part of th~ MORTGAGEE w its wcusson
or auiy~ and no exter~sion of the time fw tM wy~nent of the debt hereby secured yive~ by the MORTGAGEE w in wccessors or assi9na, •hail operate
p nleaa~, dixMrg~, modify chaege w affM ths wiyinal li~bility of ~M MORTGAGOR he~eir~, either in whole or in part. ?
10. It is spec~ficslly a~reed that time a of the easence of this contr~ct and thst ~ro waiver of any obligation hereunder or of the obliystion ss-
cti;r~d hareby shall st any timt thereafter be hald ro be a waiver of the terrru hereof o? of the instrument secured herby.
11. In to the forego:ng monthly payments inc:pDt snd inter ~equired by the prom~uory note secured hereby, mortqsg venants
and agrees to pay to a9ee with each monthly t an sddition~l avm estim ed by mortgagee to be equal to 1/12 of the annual the folbw-
, irg:
A-All real property taxes ssseased agsinst the above desuibed real ppte.
B-Premiums on fire and totm nce as herein requircd to be carried on the impr ts sit~ate above desvibed premises.
C-Premiums on s gsge gwnnty insu as mortgagee shall from time ro time deem on the b~n secvred hereby.
I
! Mort9agea rom time ro time notify mwt9a~w ritirg of tiK amount dve and pay~bk eun nd such wm shall thereupon be due and
~ payable on t date of the next monthly paymem and eac uccessive month thereafter urt ~ortgagee s}~a ify mortgagw of a charge in such
~ amou~t. swns shall b~ applied by mortpspee toward the pay t of real property ta , inwrance prem:ums, a rtwrtgaye g~a?anty inswance
IN WITN VYMER , the MORTGAGOR has hercunto sef his ha~d ~nd xal tF~e day snd yes? rst ~f id.
iwr pr~senc~ of:
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~ ` ~ ~n
•n
~ ~ •n
~
}
STATE OF FLORIDA ~
St. Lucie
courm oF . .
bef«• me pe~,on,~~y +pp.+,.d R_ S_ Donal d ,nd
T~An Donal d ha w~~e, ~o w.~~ k„own a~d t~ow~ w ro b.
rM individwb d~svib~d in and wlw ~:~cuted the foreQoinp instrument, ~nd acknowledped before me that they exawted tl» ~ame fw th~ pwposes
,n.,.„, ~,~.,,..d, ~d n,. ,.;d Je~n Donald
wii~ d tM s~id R.~,~ nOn~ll[~ upon • sepa+~t~ ~nd p'nat~
eaaminaian by en~ uk~n tep+~a~e and ~part fran her sald husba~d, ~du~owled~ed w~nd befwt m~ that sM executed said irutrwneM ir~tly and volwr
ruity wwl virithout ~ compu~sion, ca~straint, ~pprthtni feu of a from Mr uid husband. .
WRNESS m~ hand .nd oNicw! wal rh~• day of A il p_ 19 68
~
fVaary Pubtic in and for rhe &•n of florida .t l..p.
My Comrnasion ~xpw~a: ~~-a&,, ~
R~tvr~ Ta
FirN f~~al SavMqs i loan Mwtiatioe~ ' ' i
Of Fort P~c~. NOTA~~ WSLIC, =TATE Of FtORtOA Ai IARGE
FIlEO AND RECOROED ~ MY co~I5S10N C~tPIRES NOV. Z6, 1971
Fe.+ v~e.ce. Ft«~d. ST. IUCIE COUtJTY. FLA. ~ona~o rhww,o?i t.~co r?. o~s~.s~NUN.
. ~^[:r. _n ' ' ~~lit '
this instrument prepared bY 166C~24 ~;,J
First Federat Sav. & Loan Assn.
ot Fo~t Pierce '68 APR 9 AN I 1: 45 =j . r`; ' r
~ y ~
~a n Chn s ~~c..eCC~ : ~ ' ~ ~ `~t ' ~ =
By . ~ J : r. , -
, : ~ ~ ,
CL~r~K ClRCUIT COUR7 Z'~;•• ~
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, 3' • .
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60CK 1 ~1 PAGE J91 ~b
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