HomeMy WebLinkAbout1303 ~ `+1 j
To plaa ~nd cauinuous~Y ke~p on tFa b~lldiegs now a Mr~ahN sitwts on wid tu+d ~nd on ~II equipment and p~na+~lly cownd by N~is ~+wrp~
~p~. witb ~il p~n?iuaA thH~on p+id in fv16 fin insur~nc~ in ~i+~ viwl srandsrd policy fam. ~n • sum ~pprovad by 11M MORiGAGEE. ~nd windttan~
imw~nu in tM ~nusl Naeda.d polky fam, in a wm approv~d by ~M MORTGAGEE, in axl? companY or comP+n~es a~ tM MORTGA~3EE m~y
dihaj ~nd all fih and wind~arm G+sur~na poticiH on aoy of aW build~nps. ~ny h+Kat tM.~in a put therwf, M th~ pyrpd~ swn afaa+id a
in Ncans Ihe~wi, ~h+ll contatn tl~ wwl standard mat~a~ clairs~ or such otMr d+us~ a th~ Mortp~yN may ?p~in. nNkinp tM loa u~ ~aid po14
c~ ~ch ~nd ~~t,y. ~~s~!a to s~id MORTGAGEE a iq intKest may appM~. a~d ~ach and ~wry such policy ~MII b~ p~anp~h +a;9n~d aed d~iiwr~d to
any Mld by said MORiGAGEE a fwtha s~curiry to u~d mort~+~ d~bt, and, no1 I~u tha~ t~n (1~ days in ~dvanc~ of tM ~xpiwtion of ~ach policy. to dr
liwr b s+W MORTGAGEE ~ r~wal tMnof. fopttMr with ~ naipt fo? tM ptemiwn of wch rsewwalj ~nd tMt~ sh~ll b~ ao fin w wind~tam insw~ne~
~/l~d Of1 My Of Nid bYildiop~ ~e?y ioterat tMr~in w put th~nof, unl~as in tM forn~'u+d w{th tM lou p~yabl~ u ~foraaidt a~+d u+ tM tvent any wm
of momy b~can~s p~Y+bl~ w~de~ wch f~kN a Polici~s uid MORTGAGfE shall luw tM optan to receiw ~nd apply th~ s+m~ on +cw~nt o~ tM ied~b~~
ekss wcw.d Iw~by o• a permit aid MORTGAGORS ro nceiw u?d ~,a~ it w•nY Psn thereof fw orher purposes, wi+hout the.eb~ waivinp a anpair-
1n0 +~Y ~~~Y. ~iM or ~qM u~da a by virtw of tlw morty+pet and in tM ~veot wid MORTGAGORS sh+li fa sny n+son f~il to ks~p tM said pr~mi~t so ,
insw~d, a f~il b d~livx pramptly a~?y of satd policies of inwrsna ro s+id MORTGAGEE. or f~il promptly to pay fuily ~ey premiw+? ther~fo~ or in ~np 1
r~sp~ct fail w pKfonn, dxMry~. ~x~ait~. ~ff~ct. compl~t~. comply wirh and ~bid~ by this cownsnt, or ~ny pan M.~of, ssid MORTGAGEE may pl~ce •nd f
paY (ar such inwranc~ or ~ny put tMroof without walvinp w aff~ctinp ~nY option, IIM, ~quity. o? ripht wd~r or by vi~fw of this Mort9aQe, and tM I
ivll anwunt of ~ach and twry wch WYRweM sh+ll b~ immsdiat~ly dw u+d p+yabl~ ~nd shall bw inter~st han tM dat~ tFw~of w?til p~id ~t tM nt~ ot
niM pK csntwn pa ~tuw~m ~nd toget!?K with sucA int~rMt tiwil be sasvred by ths li~n of tl~is
4. To pKmit, oomeit or wffK oo wast~, imp~irm~nt w deterior~tion of said propertp or ~r puf tlwrwf.
S. To pay all ~nd siopvl~r th~.ooats. ch+rpss ~+d ~xpense~, includinp a reasonabk attorr~y's fee and cosn of sl~tracts of title, inarmd w p+id +t
any tim~ by wid MORTGAGEE, b~cav~! a in tM ~wnt of tM failure on the part of th~ said MORTGAGOR ro duly, Pro~ry .~+d t~iy Pe.t«~?, d~~~9.~
exeevte. ~ffect, aomplet~. aomply with and ~bide by ~ach and every ths stipvlations, ~gre~ments. conditioro u~d cownants of s~id promiswry not~ u+d tha ,
morty+p~ ~nY w eitha, and sa~d oosts. dwrqes ~nd ~xpernes. ~ach ~nd every. shall b~ inwnedistdy dw and pay~bkr wl+ether ot not tha~ b~ notic~ dr ~
mu~d. ~ttempt to ooilact a wit p~ndinp: +r+d tM ivll unowN of sach and every wch payment sMll b~ar inte.~st f~om tM dat~ tMreof until p~W at the ~
rate of nirn p~r centvm per ~mwn4 u~d +II said ebsts, chuqes ~nd expenses incurred or psic, top~tMr with wch intsnat, ~11 b~ s~cw~d F?y tM li~n of thd #
1
~p~' ~
0. Tfwt in the ~wnt of any br~sch of thi~ Mortya~e or daf~uit on th~ pa?t of ths MORTGAGOR, or (b) in ~M ~wm anp of s+~d a,nu ef ^naK~ ~
henin rtf~n~d ro be not ptomptry and fuliy p~id within thirty ;30) days next afte~ the same severally bacan~ dw ~nd payabl~, witho~t demar?d w notice, ~
or W in th~ ewqt esch and ~very tM sY~putations, sprNmenn, conditions ~nd ooven+~ts of said promiswry note snd this mortp~pe any a ~itlwr ar~ ~w1 j
3~ly, promptly and fuliy pKfwm~d, d~icharped, ~xecuted, effected, complete~, complied with and abided Fiy, then in either or any such ewnt tM said a~ ~
pre~M swn m~ntan~d in seid p?omiuory note then ram~ininp ~npaid, with interest ~ccrued, u~d all naneys secured hereby, sMll becom~ dw ~nd pay-
~bl~ fathwitly Of tF~lfHftN, at 1M option of said NWRTGAGEE, as fvlly and completely as if ~II of tF?e said :wns of money were oripinally ttipulated
to b paid on svcA d~y, anythin~ in said promisswy note or in this Mortg~ge to the contrary notwithstandinp; s~+d there~pon or there~fte? ~f tM option of
seid MORTGAGEE, witlaut not~n w dem~nd, wit at la«r w i~ equity, therefore a there+fier be~un, m+y be prosecvted u if all moeeys s~cvnd henby
had matured prior to its institution.
7, ih~t in tl» event that at the beyinnirg of or at ~ny time pe~diny aoy suit ~pon this Mortgage, o? to fweclos~ if, or fo reform it, w to enforq
payment of ~ny d~ims hereunder, said MORTGAGEE shall apply ro the Coun having jurisd~ction thereof fa the ~ppae+tmem of a Receiver, such Court s!?ill
fortt~~witi? appoint s receiva of said mortpaged property all +nd sinyulu, incl~d~r?y all and singulsr the incomer, profits, issues and revenues from whataver
souroe duived. esd~ ~nd every of wh~ch, it beinp expreuly understood, is Aereby mortgaged a if tpedfically ~et f«~h ~nd dexribed in the ~rantinp ~nd
hab~ndwn clavs~s h~?eof, snd such Receiver shall Mve +II the broad and effecrive funct~ons ~nd powers in anywise entnnted by a Court to a Receiva, and
such ~ppointment sMll be made by wch Court u an admined equity and a mstter of sbsolute rigM ro said MORTGAGEE, and wi~hout referer+ce to tM
adeq~sty w in~deqwty of the valw of the prbperty mortgsged or to the solvency or inso~vency of said MORTGAGOR w the defendann, and that such
rems profits, income, iu~?es ~nd revenues shall be spplied by such Receivcr accwd~rg to the lien or puiry of said MORTGAGEE and the practic~ of such _
Caxt. ,
& To duly, promptly and futly perform, disch+rge, execute, effect, complete, comply with and abide by each u~d every the stipulations, agreemenb,
co~d'Kioe» and coven~nts in said dromissory note ~nd this mortgsge set fwth.
9. iMt in the event the owne?ship of the mortgaped prcmises, or any part tF+ereof, becanes vested in • person othe? tM~ the MORTGAGOR, ths
MORTGAGEE, in sucassors snd sutgns, may, withoW ratice to the MORTGAOR, deal wi~h ~uch succeua a avccessw in interest with reference to this
mort~Qe and the debl hereby setured in the ssme manner as with Mortgsgor withovt in sny wsy vitiatirg o? distharging the Mwtgagors' lisbility hsrs-
under or upon ths debt hereby sccu~ed. No ssle of the premixs hereby mwtysged and no forbearsnce on the part of the MORTGAGEE w its succesaors
w auigru ~nd no exteasion of the time for the paymcnt of the debt he.eby secured given by the MORTGAGEE or its successors or auipns, sh~ll operat~
ro r~lease, d'ad»r9e. modify chanse a affect the originel liabifity of Ihe MORTGAGOR her~in, eithsr in whob w in Ewt.
10. It is spec~ficslly sgeeed thar time is of the essence of tfiis contrsct. ~nd tha~ no w+iver of ~mr obligatan txre~nder a of the oblipatan ss-
curod h~reby shaU ~t any time theresfter be held to be ~ waiver of the terms hrreof w of the instr~rn~nt sewred herby.
s
a rees to pay to morty+gee with eath monthly payment an addirional sum estimated by mortyagee to be equal to 1/12 of the annual cost of the follow-
A-All real prope?ty tsxes kvi w the above described real estate.
B-Premiums oe~ fire and windstorm irnwance as herein requ~r on nprovemenb sit~ate on the above dewibed premises.
C-Premiums on such mwtgsge gwr~nty inwrar.ce ss mortgagee shs time to ~ fit to tarry on tbe loan xcured hereby.
Matgsgee shall from time fo time notify mortgagor in of the amount dve and payabk her sum shall thereupon be due and
' payable on the duc date of the ruxt monthly pa each s~cccssive mooth thereafter until mortgspee shall noti of a cha~ge in such
~ amount. Such sums shall be applied by mortgayee toward the p~yment of resl taxN, insurance cm: snd t insurarxe
j WRNE55 WHER tM said MORTGAGOR has hereunto set kis hand and seal the day and ar fint ~f~ resaid.
S~s de th~ ~r~sence of: . ~
~
~ en~ in . o ~
~ ~ ~ n--~
~ •
~ STATE OF FIORIDA
~ St. Lucie ~ u- ~
Befwe m~ p~rson+Ily ~pp~arod ge n i am in F. t~lo od
EC~rid L. ~~IOOd his wife, ro me weH known and krawn to me to b~
rhe individwb desvibed in and who ~acuted the fue9oirg inslnrment, and acknowledged before me that they executed the ssme for the purposes
rhe.«n •xp.es~ed. And rh. said Edna L. l~ood
~ wit• ot rt~s s+id Benjamin F. Wood upor, ,..P..,t. ~nd P.iwt.
examin~Yan by m~ taken sepsrate and ~part from her said Mnband, ~du~owledged to and before m~ tF?it she eaecuted said irotnanent freely and volw~
~arily and wHhovt ~ror compufsion, constraint, apprch~ru'~ w fesr of or from F~er said Iwsbsnd.
~ WRNE55 my hand u~d official se+l this d~y of i1 A. D. 19 68
~ Nwary P ic in and for tM State of Florida ~t luye
~ My iuion expires: /~s.7_ ~ / 97 ~
Retum Ta
~ ~.st F.de.s1 s+~~s d~ i.o~~ AssociaYwn • Notary PuWK, State ol Fbrida at large
~ of Fon PKrce. My Commission E~cpres Aug. 6. 1471
~ Forf Pierce, flwida ~,'r~ b~d~d h~+~ F.~ t G+w~r Ca
~ ~J .
:
- 4~ ~ -v :
~ This instrument prepared by ~
~ - < = ~ FILED AND RECOROED~
Frst Federat Sav. & loan Assn. - ST. LUCIE COUt~JTY, FLA.
of Fort Pierce ; r : ' ~o f?s ~ ~ ~
-v - - -7 ~
~ $~-.Lohn W. Collins Q :;4a- ~cc~~Q ~
. vo v
~ .
, - '~r:tST.»~"`'``, '68 APR ~ 7 W'1 9 •
''J _.~~~rt~
1301 ~ ~~~er'r~ ~~"l7l1R~S
T~ BOOK~ PACE CLERK CIRCUIT ~CURT ~
~ _ _ - ~ y~~~~:. ~
~ . ~.°,;,b ti:;~: ~ - _
_ . .