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HomeMy WebLinkAbout1623 . c . , a ~i `:!t ~ . To plac~ ~nd contin~ovsly kkp on ths buildinps now a Mreafta ?i?uat~ on said land and on all equlpmeM ~ed pKSOn~lly cov~nd by this i+wrtq~ ~p~. wi~h ~II pr~miw:t? th~~~on pald in fvll, fi~~ insuranc~ i~ ~M uswl uandard policy fwm, ~n s sun~ approwd by tM MORtGAGEE. and windetam ieawanct i~ tM vawl ~tanda~d policy fart?, in a tum ~pproved by tM MORTGAGEE; in such tompany w comWniti +s th~ MORTGAGEE may d'v~ct~ ~nd all fir~ ~nd wi~wrm inw~anc~ policies on any of sa~d buildin0l, ~ny 111Mffl1 tlfNfitl O~ pifl tlltflO}, in tM apqrey~t~ wm afw+said a M~xc*s~ tMnof, sh+ll contatn tl» wwl s~aodud m«~ysq~+ claus~ a ivch other d~us~ u tM Ma?y+pN m+Y nqu~n. ^^+ki^0 ti+~ loss v~ s+id po1M ciN, ~ach uid ~wry. paYabl~ w said MORTGAGEE ss its intcrest may ~ppNr. ~nd each and ~very such policy ~11 b~ prompNy ~ss:9r?sd and delivK~d ro ~ny Mld by aid MORTGAGEE ~s funher security to aid mo?ty~y~ debt, and. not I~ss th~n tM (10) days in adv+nc~ of tM ~xp'uafion of ~+ch poficy. to d? liva w~aid MORTGAGEE ~ nntw+l IMnof, to~tMr with • receipt fo~ the premium oi :uch ree~ew+l; aod then sh+ll b~ no f'u~ o~ winda~am inw~~ec~ pl~pd on ~ny of aid b~il~egs, ~ny imerat tMrein w put tMrsoF, unl~u io tM form' and with th~ loss payabl~ ~s aforesaids and (n tM ~v~nt ~ny wm of nqrwy bacaen~~ p~y~bk under wch polky or pol~ci~s said MORTGAGEE sh~ll Mw ~M option ro nceiw and spply tM s+n» on aaowu o1 tM lnd~bqd npa wcvnd I~~by o~ 1o p~imit iaid MORTGAGORS ro ~eceive u~d us~ it w ~ny part thereof fw othcr purposes, wi~hout tha.eb~ waiving a impair- irg any p~ity, lien a riyhl ~~der or br virtw of this mortys~~: ~od in tl+e event ~a~d MORTGAGORS shall fa any r~sson fail to keep th~ said pn+nises so inw~~d, p f~U b delive? promptly any of asid policies oi insunnu to said MORTGAGEE, w fail promptly to p+y fu~~y +ny p~emium therefo~ or in sny nspsct fail b pKfocn~, discha~ge, execvt~, eff~ct, complete, comply with and ~bid~ by this mven+nt, or ~ny pa?t F?Heof, said MORTGAGEE m+y p1~ and paY fa wch tenwar~ or any put tl+ereof without wahinp w ~ff~ctinp ~nr opti0n, lien, pvity, a ~ght v~dK or by virtw of tl+is Mo.tyap~. ~nd tM iull amouet of ~ach and w~ry svch p+Ymsm ~l+~II b~ immediaroly dw aed payabb and shall bw inarest from ths dah thereof untit p~~d ti» rat~ oi n;nt per centum per ~nrwm and tcge~hcr with wcA interest shall b~ securod by tM liu ~ of this mat~a~. ( 1. To p~rmit, aornmit or s~ffer no w~st~, impairment or deterioration of ~sid prope?ry w~ny p+n thsteof. ~ S. To pay ~II and sinpular the.costs, ch+rpes and expa+ses, inclvdirg a reasonabl~ attorney's fee +~d oosts of ~bitncts of title, te~cwred w p~7d ~1 ~ •ny tims by said MORTGAGEE, becaus! or in ths twnt of ths failura on the psrt of the uid MORTGAGOR ro duly, prompNy ~nd fvlly perform, d~uhar9R t ~xscvt~, ~ifstl. complete. comply wi~h and abtde by ~ach and every the sfipula?ions, agreements, conditioro, and covee?anq of s+id promiswry not~ and tha mortpap~ any w eithe~. snd taid costs, chuges and experres, each ae+d every, slwll be immedi~tety dve and payable: whether o~ not there bt norice dr m~nd, attsmpt ro eolltcl or wit p~nding: u~d tM full arno~nt of each u+d every wch payment ah~ll bear inters:t from the date thereof until p~id at the r~te of nirr pe~ «ntum pa annurn: u+d all ~id ccsn, chsryes and expenses incurred or paid, topether with such inhr~st, alwll b~ stcured by tM li~n of tha ~9~• e. That ja) in ths evse~t of ~ny breach of this Mortys~e or default on tFr part of the MORTGAGOR, a(b) in tM went ~ny of s+id sums ot mon~y her~in refKnd to be not prompt~y snd fully p+id within ~hirty (30) days next afrer Ihe tsme sevaally become due ~nd payable. without demand a notic~. or (c) i~ th~ went ~xh and every t!?e stiputatiwn„ agreemenn, conditions a~d cov~nsnn of sa~d promiuo~y nae ~nd ttws mort~ape u+y a either ar~ no1 iuly. promptly and fully perfwmed, d~xhsrped, executed. effeded, eompleted. compGcd with and ~bided by, tha~ in either a any :uch ewnt the said ~ prq~N wm mentia~ed in said promissory note then remainit~g unpaid. with iNerest ~tuued. and all moneys setured hereby. sMll becwne dw ~nd pay- abt~ forthwith, w tMresfte~, at th~ option of said MORTGAGEE, u f~lly snd completely ~s if ~II of the said wms of mo~ay wer~ orginally sGpubt~d ro be paid on sud+ day, anythirg in ssid promiuory note w in this Mwtqage to the contrary notwithstsnding; snd thereupon w thereaftM ~t th~ opt"wn of said MORTGAGEE, w~thow notice or derrN~+d, iuil at Iawr or in equity, therelwe or thero~her begun, mar be proiec~ted u if all rt~o~eya s~cur~d hereby h~d m~twed ptwr lo in institution. 7. That in f!» event that st the beginning of w st any time pending ~oy suit upon this Mwtgsge, o~ to fo?eclose it, o? to `~fo?m if, or ro enfo?a ~ payment of u?y cla~ms herevnder, ssid MORTGAGEE sMll app1Y to the Court having jurisdiction thrreof fo~ the ~ppantmenl of a Re~+ver, :uch Cowt shall ; fortFiwith ~ppoint a reteiver of said mortg~ged prope~ty sll ~nd sirg~l~r, ir+clud~ng all and singvlsr the income, profiri, iuues and rewrwus from whatevet ao~res detived. tach and every of which, i1 beir+g exptessty underatood. is hertby mortgs9ed as if spetiiically set fotth ~nd deitribed in the qr~ntinp and f habendum dausts hereof, and sucti Receive? shall h~ve ell the:broad and effective functions and powers in amwise enfrutted by ~ Covrt to ~ Receivtr, and wch appointment shall be made by wch Cou?t as an admitted equity and a m~tter of absolute riyht to said MORTGAGEE, and without rtferente to tM i ~dp~~ty a inadeqvacy of the value of the properiy mortgaged w to the sotvency or insolvency of said MORiGAGOR w the defendants, and that such rents, ptofits, income, asues and ~even~es shall be applied by such Receiver accwdinp to the iien or equity of said MORTGAGEE and the pr+lGtiu of such Coiuf. B. To duly, promptly and fully pcrfwm, dixharge, execute, effect, complete, comply with and abide by e+ch and every the stipulations, apreert~ents, cond'eiorr and cov~nann 7n ssid promissory note and this mortgsge set forth. ' ' ~ 9. That in the event tl+e owrunhip of the mortgaged premises, or any part thereof, becornes vested in ~ penon other tMn the MORTGAGOR, th~ MORTGAGEE, its succeuas and auiyns, may, without nofice to the NWRTGAOR, de+l with such successw or successor in interest with reference to thia mortype and the debt hereby secured in the same manner as with Nbrtgagor without in any way vitiating p discharging the Nlortgagors' lisbility ixrs~ ; under w upon tl~e debt hereby secured. No ssle of the premises hereby mortgaged and no forbeara~ce on 1l+a pa~t of the MORTGAGEE or iri successoa r o~ au:mu aed ro ext~nsioe of the time for the wvment of the aebt hereby secured yiven by the N10RTGAGEE or its successors a aui9ru, shall ope~at~ i ro relsase, dixMrye, modify ch~~ge w affect the orginal liabil~ty of the NIORTCaAGOR herein, either in whole or in part. 10. It is spec~fically agreed thst time is of the esxnce of this contr~ct and that ra waiver of sny obligaYan Froreunder or of the obliy~tion se- n,hd hereby ~Mll at ~njr time thereaftc? be held to be a waiver of the te?ms hereof or of the instrvment secured hs?by. 11. In add~tion to the fwego:ng monthly payments of princ:ppl and interest required by the promiuory note secured Ixreby, mortgagor covenants 1 and a~rsei to pay to mortgagee with e~ch monthly payme~t an additionsl sum estim~ted by e+ortgagee to 6e equal to 1/12 of the annual cost of the follow- ~ ir~: ! A-AII re+l propcrty taxrs kvied w assessed against the above desuibed real estate. ~ 8-Premiums on fire and windstorm insurance as hcrein requ~red to be carried on the improvements sitwte on the above described premises. C-Premiums on such mortgage gwranry inswance as mo~tgsgee shall from t~me to time deem fit to ca?ry o~ the loan secured hereby. ; Mwty~gee ~hsll from time ro tiene notify mortgagor in w?iting of the amamt due and paysble hereunder snd 3vch sum shall th~reupon be due and ~ pay~bte on the due date of the next monthty payment and each successive month thereafter ur.til mortgagee shall notify mortgagw of a change in such ` amount. Such sums shall be appiied by mwtgagee toward the payment of real property ta:es, insursnce prem;ums, and mortgage guaranty insurance i premi~ms. E IN WITNE55 EREOF, t uid MORTGAGOR has hereumo set his hand and xal the day and year first aforasaid. ; ~ 1' ed ' of: ' ~ x aq ~ ` ~-.n STATE OF fLORIDA ~ ~ S5. ~p~rm pf St . LuCie ~f„~ r„~, p.,,o,~,~~Y ,~.,,,d C~endolyn Hazellief . a single adult ~ to mt well known •nd known ro me to b~ ~ M+~ Indv&lwfr dewibed in ~nd wF+o ~xecuted the fore9oinp inltrum~nt, ~nd acknowiedged before me that executed tl+~ ssme fw tM p~rposes M,,.~, .,,p,,,~a. w~owa~ac she ~ ~ . WITNESS my Aw~d and officul s~al thi~ pL~ d~y of i A, p, lq 68 ~ - ~ n ~ Notary PuWic in ~nd fa ttN State of Fbrida ~t l~rp~ ~ Mr Comrmssion etpires: / O -~j - 7/ RNurn To: F'vst hderal Savirq~ i loan Aasociatwn ~ °f P~•«°. F11E0 ANO RECORDED` Fo~t P~e.ce. Ftarfda ~ IIOiA~Y ?YtUC. iT~TE 6F R AT ST. LUC1E COU~TY~nLA. MY COMMISSION EXPIR~$~( tt(~~ ~ , . 4~ = - c' +C~ wMaio •~~ou.H .wee re.-16~tiTC~do~d. ~ . ~ ~66454 ~'-;;,oT~~tr~-"`~ ; Tha insirum p eparM b S 1 First Federal ent r r'68 APR 23 AN 10 ~ ' - ~ toan Assn. ~ ~ ~ ot o Pierce , ~~i~~G~ P U~ :i C - ~ Br .c~a:_a ~ ~~YP~S • CLERK CIRCUI? COURT ; • ~ 60~~ P~CF ° ~ 171 1621 ' ~ . ~ ~r` - • i , : _ _ - - - h„ ~ . ~ . 'F"s ~~Y 4 _