HomeMy WebLinkAbout1109 • t ~ ~ ~s .
To p~aa and conNnuw~ly kNp on tF~ buitdinps ~ww a MrNhN sitvat~ on said I~nd and on ~II p~ipnNM and p~nonally cova~d b~r thb ~noH¢
p~, with ~II p~miw~d ~huwn p+id in fuii, tir~ truvr~nu in ~h~ wwl sundud policy form. ~n • sw+n app~owd by th~ MORTW?GEE, ~nd wie~tonn
trawann In tM uwal stu~dard poiicy faeA, in a swn approwd by tM MORTGAGEE. M~ wcb ea*P+nY o? canP+ni~s a tM 1NORTGAGEE m~r
dinctl ~nd ~11 fk~ u~d wind~~orm iea~xana policia on ~ny of wid bvild~npy +nY tntasst rMr~in w p~rt ~wf, In th~ apprpaq wrn ~fora+W ot
In ~xaa tMnef, ~h+ll aa+t~in tM uswl standard nart9ay~ daua a wch o~hK dav~ a tM MonpapN n+~Y ?pu~n. end~Mq tM low wdM s+id poii~
da. ~ath and ~wtY. WY+bl~ W s~id MORTGAGEE a iri int~rat m~r appNr. a~+d t~ch and ~wry wch polky ~hall M proenptlY a~:pmd and deUwnd 10
~ny I~W by wid MORTGAGEE a fwthw s~a~iry ro uk! mo.ty+p~ d~W. ~ed. no~ ba ~han bn (1~ d~ys In ~dvana o~ tM ~xpiration of ~+d~ poiih?. ~o d?
iivu ro ~aW MORTGAGEE • rp~w~l tMrwf, to~rhK with • nceipt ior tM pnmiwn oi wch r~wal~ ud tMn sMll b~ no fin or wiedirorm Inwaoa
plawd on ~ny of sald Miild'a~p~, a?y intKNt 1MrNn ar pu~ tfw~~of. unl~s~ in th~ fonn'~nd wi~h tM bu payabb a ~fw~said~ ~nd in tM ~wnt ~ny swn
of naMy pe~anN payaW~ w:dN wch polky o? polici~s uW MORTGAGEE aMll Mw tM option a naiw aed applr tM ~ on account o~ th~ ind~bt~d~
nas s~cv~~d l~~by a Id p~?~mit Nid AAORTGAGORS to rso~iw ~nd us~ N w~ny put tMreof fa othe~ pwpos~s, wi~hout thKeby waivinp w imp+i~
inp any ~quity, li~n w ripht w?d~~ ot by virtw of this enotipap~J +ed in tM ~wet wid MORTGACORS ~h+ll fw ~ny t~awn fail to luep tM wW pnm~s ~o
insw~d, or f~il b d~llwr promptly ~ny of said polieies of in~urano~ w aid MORTGAGEE, or fail promptly to p~y lvlly aeyr pr~miun+ tFw~fa w b any
nsp~ct fail b pufo~n~, dischKp~. txecvt~. ~ffM. ~ompl~t~. aomp~Y with ~nd abW~ by tni~ cor~nanl, a any put ha~of, asW MORTGAGEE may pl~q and
P+Y fa wch urw«~o~ a ~ny part th~rwf witlww walvinp or ~ff~NinY ~nY oWie~, ~i~n. puib, a?ipht undK a by vtrtw of this Mapap~. and the
full ~eno~M of ~eh and ~wry weh paymN?t sh~ll b~ immdiatdy dv~ a+d pysW~ and shall btu intK~st han th~ d+t~ thenof umil p~id M Nr nN ol
nin~ pK pnlwn pu Mrwm uwl topetha with wch InMtat sMll 6~ s~curd by th~ liwn of thtt 1no~tpap~.
1. To pamit, oomeh or wffa ~o waN. Ianpakn~enf a dNaiowtfon of saM pop~rty or ~ny p~i tMnof.
S. To p~y all and sinpvlar th~.costs, dwrp~s and ~xpMSe~, inciudinp s rcason~bb ~ttarwy's fe~ and a~ts of absb~cu of titl~, kKwr~d w p+id a~
~ny ~ims by a+id MORIGAGEE, b~ca~ or in rM ~wnt of tM f~ilwe on ~M psn of rlr ~aW MORTGAGOR a duly, prompry and fuly p~.fwm, di~cl~+~
e:ecvte, ~ffed, oanpl~t~, oomply with u~d abid~.by e+ch and ~very tM stipulatioro„ ay~~ements, canditiom, aed aov~n+nts of ~ald promissory not~ ~+d th4
mw~pay~ +nY a~irl+k. uid s+id cosM. ch+~s and eap~rws. ~aci? aa! ~wry. slwll b~ Mm+rd~tely dw and payable: wMtl+u or no1 tMr~ b~ norki d?
muid, arnmpt to cdl~et or wit p~nd'ugs and tM fvil amo~M of ~ach and wrry wd~ payment sh~ll bsar intKpl hom the dat~ tlweof ~?nNl p~id ~t tht
ca:~ a: :ur.~: ~r Kiti:m pet aniwm: and att i3id t~stt, cAug~a and expenses innxr~d w p~id. top~tlwr with wcb intK~st, ahall b~ ~cw~d by th~ IiM of tiw ~
mor~pap~.
6. 1Mt 1~ in tM w~nt of amr breach of thh 1Nortyap~ w d~fwlt on Nr put of ~M lNORTGAGOR, or (b) tn th~ went u~y of said wms of mo~+ey
hxein r~farnd to b~ not prompty ~nd fully psid within thirry (30) days n~xt aftar th~ sam~ s~vaally become dw and p~r~W~, witho~t d~r?d o~ notice.
w W in fhe ~vent .ach aod w.ry rh. sripolaria+s. +9re.msnn. oondirio~s and oov~n+nn of wid prornis~ory not~ u~d this mapa~ any a~itha ~n nol
iuly, promptly ud fully p~rforrn~d, dixMrped, txecut~d, ~ffictad. coer~pl~ted, complied with and abid~d dy, tMn in eitF~ or ~ny wch ~wm tM wid p~
p~p,u~ sum mentiomd in said promis~wy oot~ then nen~i~inp tp?paid, with intenst ~cuwd, and all moneys s~cwed Fwr~by, shdl bawn~ dw arw! p~y-
•bt~ forthwith, or tMreshar, ~t th~ option of aid MORTGAGEE, a fully ud cary>I~tely u if dl of the said s~x~?s of maKy wer~ oripierNy stiput~ted
ro b~ paid on wd~ day. ~ny~hinp in said promiuory oote « in this Morty~e to th~ oontrary notwithstsndinp: and thsre~?pon a thertaha at tM optan of
uid MORTGAGEE, without notice or dem~nd, wit at lawr or in aqvity, the.efore or there~her bayun, m+y b~ prosecuted as H~p moewys s~cund Mreby
had m~twed prior to i» imtitutia~.
7. That in th~ event that at the beginniny of or at any t~ p~nd'ieg aoy wit cipo~ this Mortyape, w to fweclos~ h, or ro roform N, a to enforo~
paymsnt of ~m daims Mrew+der, s+kl MORTGA6EE shall apply to the Co~n Mvi~ jw~sd7ction thereof fw tM sppantrne~t of a Recaver, wch Cowt shall
fo.tfiwith +ppoint s receive? of said matya~ed property alI ~nd siegvla?. indudmp all and singulu tAe Income, proiits, iswes and nve+wes fram what~vK
so~ra deriwd, wcfi and every of whicF~, it beinp ~xpressly wden~ood, a he.eby mortgaged u if ,speafiully set fonh and d~wibed in tl+~ p.ar~rirg and
habend~m clauses hereof, y+d wch Reoeivsr ~MII have ~II tl+e broad ~nd tffect~ve fvrxriorn and powers in anyvrise entrwt~d by ~ Cowt to a Reoeiw, e^•!
such sppointment shall be msde by wch ~ourt u an ~dmitted equity u~d ~ matter of absolute right to said MORTGAGEE. and witFaut r~fe?~na q th~
•deqvscy a irwdeqwcy of th~ wlv~ of the prbperty monysped w w the ~olvency or insolvency of ~aid MORTGAGOR w rM .defendann, and that such
renn, profits, tncome, issues a~d nvenues sh~ll b~ applied by such Receiver sccordirg w the lien w puity of said MORTGAGEE and the p~actia of such
Caxt. ~
8. To duly, pranptly snd fully psrform, dachsrq~, ex~cute, effect, complet~, comply vrith ~nd abide by ssd~ and ewry the stipulatiora, apreements, ~
cond'rtions and oovenants in ssid paniuoty not~ and this mortpspe set forth.
9. Th~t in ths event the ownenhip of the mortgayed prem~ses, or sr?y p~n thereof, bccomes vested in a penon olher th~n the MORTGAGOR, tM
MORTGAGEE, in successon ~nd suiyns, may, withovt notice to tl+e MORTGAOR, deal with such suaessw or wccessw in interest with refa~nce ro this
mon9ape and the debt hereby secured ie tM same msnner ss with Mwtgsgw withovt in any way vitiatinp or discMrgirg the Mortyagors• lisbiliry Iwe-
under or upon the debt hereby secvred. No s~le of the prem~ses hereby mottgagsd ~nd no fwbesrance on th~ put of the MORTGAGFE w in successors
w~uigns and no extensan of the time fw the psyment of the debt hereby secured qivee by the MORTGAGEE ~ its svctess~rs or auigra, sMll operat~
ro release, dsd+uye, modify charge w affect the aiginal liability of tFw IYIORTGAGOR Fwein, eithrr in whole w in put.
10. It is specifically sgread that tirni is of the es~ence of tha contrsct a~d that ra waiver of ury obligation hereunde? w of the obligation se-
a;red !?K~bp shsll ~t any tim~ thereaH~r be h~ld to be ~ w~iver of tM terms t~er~of or of th~ imtrument ~ecvred hsrby.
11. In sdd~tion ta the fotefla:ng monthly paymtnts of princ:p~l and interest required by tht promissoty ~+ore secured hereby, mortgagw oovenanri
and s~rees to p~y to mohgsgee with each monthly paymcnt an additional wm estimsted by mortgagee to be eqwl to 1/12 of ttrc annwl cost of the follow-
irg: i
i
A-All real property taxes kvied a sssessed against the above described resl estata - t
B-Premiw~n on firt and windstorm inwranoe as herein requ'wed to bs urried o~ the improvamenri situste on the :i-v~e ~i~;u:~~ -
~ z_.~
C-Premiums on such mortgage gvar~nty inswance as mortg~gee shsll from tGme to time deem fit to csrry on tbe bsn secvred hertby.
Mor~gagc~ shall from tim~ to time notify mortgagor in writirg of t!w smounf dve and psyabk hereunder and such wm shall therevpon be due ~nd
paysbb on the dw dste of th~ next monthlY p~Yment and each wuessive month therc~fter until mortqapee ~SII rat~fy rnortgagor of a chanye in svch
j amou~f. Such swns shall be applicd by mort~apee toward the payment of real property uxes, insur~nce prem~ums, and mort9s~ee yuar~nfy inwrance
pre iwns.
~ IN ITNESS WHEREOF, the s+id MORTGAGOR has hereunto set his hand and sesl the day and fint ~f id. '
E S~aled de~ in the presance of: / ~
€ 1 ry
~ tness ar es J e er R `
n ~
~ ~~Jit rene T. He mer
~ • ~
re o ~tiAR . ~
: ss. , ~
.c~-~ • :
~ ; r ~ ~r~les J• He~r ~ ~Ild ~
~ . • s~?n~~ r ;
~ th: ~i ~ : .who .:e«,r~d th. for~owg~ i~y}rw„em, «,a .ck?wn, tus wire, te ms weu known ana known ro m. w b. i
~ I I@Il@ T• t161a@Y ~fOfe me that they ~xecwed tlr sarn~ fw tM p~rrposas ~
z
CbaL~eS J• Helaez • ate ~nd
~ ~ ~,a~ -
~ e, ' +t~:;~nd a.t from her w ~P~ s~P~~ P?iv~t~
W +du+ovvl~dped to ~nd b~for~ m~ thn sM sxecuted said irotrument freely and volwr
~ tar _,~.y~ilbqR an~•' constraint. ~ppr or ~of a from h~r wid .
~ ~ , , ril 68
%v"'~ f~ ~ oEfici~l s~al thK d+Y ~ A. C. 19
~ ~ ' ' ~ FILED AND RE
~ ST. LUCIE COUNTY. F A~~~Y P~~ +~d fo? the Stat~ of Florida ~t tar ~
~ R~twn ia ~ Q R t? ~j r R! F t My C°'^m ~'~pu~s. '
~ H?st F~~a) Savirgs i loan' /lssociafar? , ~
~
~ Of Fort Pierce. ~68 APR I I A!~ I 0: 3 8 i
~ fort Pierce, Florids
~ . jssas~
~ -
~ i:0::c~ ~'OiTRA$
CLERK CIRCUIT COURT - -
~ This instrument prepared by ~
~ first federal Sav. & loan Assa.
of Fort P~erce
By J' c° ' ' ~ i
0 R ~ • , ck ~
BOOK ~ ~ ~~E1107
;y~,~~ :y~ ~ ~ ~~;y - -
.a:~ ; _f. - - -
-