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HomeMy WebLinkAbout2634 . r , ! } 3. To plac~ ~nd tontin~ously keep on tM buildinps rw~w w her~ah~r utwt~ oe wid land and on ail puipm~nf and p~non~lly covend by tAli mort~ a~, w~th all premiwns thena+ p+~d in full, fin inwranu in th~ uswl at~nclud policy form, fn • sum tpproved by tM MORTGAGEE. ~~d windstoren inwranc~ in tM ~swl ~tand~rd policy fam, tn ~ ium approv~d by th~ MORIGAGEE, in such company w tomp+nl~s +s ~M MORTGAGEE m+y dindt and ~II fu~ u?d wi~dstorm irau~ano~ polici~s on ~ny of aid build~ngs. ~ny iotere~t tl+e~~in o~ put thsrsof, in th~ a~r~yate sum afa~iaid or ie ~xcas tF~eof, iMll coot~in tM ~nwl standud mort9ap~~ dws~ w s~cA other clau~ ~s tM Mort9ap~~ m+Y nqv'u~. m~kinp th~ lou unde? as~d pu1F cies, each N+d ~very. p+Yabi~ to said MORTGAGEE ss ib intKest m~y ~pp~ar. and each and every ivch poliq thall b~ promptly us:yr+~d u+d d~1lvKad to •ny hsid by ~aid MORTGAGEE as funhN secu?ity to ~id mat~ap~ debr, ~nd, nof leu tMn ten l10) days in advanu of tM ~xpiration of ~ach policy. ro da liver to sou MORTGAGEE a ren~wsl therwf, top~tMr with a raaipt fa tM premiwn of ~uch renswalj and tAer~ ahall b~ no fu~ w windstorm inwru~u plaad on any of ~aid buildir?ps, sny interest ther~in a p+n tMreof, unless in the form ~~d with th~ bss p+y+bl~ as afaes+idj and ie tM ev~nt ~ny svm of n~o~+ey bacanes payabte v~der such pol'icy a polic»~ s+W MORTGAGEE aMll have tl+~ option to rateive a~d spply th~ s+m~ on +cco~?n~ of tM ind~bted- ~ess Ncured hereby q M pamit said MORTGAGORS ro rateiw Mid us~ it a sny puf fhe~eof for other purposes, withovt ?he.eby waiving M impair- E Irg any puity. IiM w riqh~ vnde~ or by virtue of tha mort~a~j and in tM evee?t said MORTGAGORS ~h+ll fw sny reason fail ro kaep tM taid pnmisea so ! insured, w f~il w deliver promptly +nY of iaid polities of inswa~ to said MORTGAGEE, or f~il promptly to pay fully a~y pranium therefor o~ in ~ny r~tp~d fail b paform, discharp~, ~xecute, eft~ct, compkt~, oornply with a~d abid~ by thls covensnt, a any put hereof, s~id MORTGAGEE may plsc~ and paY fw such inwranu w any part therwf witho~t walvinp w ~ffectinp any option, lien, equity. w r'pht urda or by virtw of this Matpa~e. and tM : full amouM of ~ad~ snd ewry such payment sh+ll bs immediately dw snd payabk +nd ihall bear inter~st from 1M dat~ thersof until paid ~t tM ~at~ ol 1 nirw per cenwm psr ~nrwm and toge~her with such intcrest shall be secur~d by the lien nf this mortpaye. To parmit, carnn?it or suffer no wute, impa'ument or delerioration oi iaid property p any put thtrwf. S. To p~y all and sinpular the cosn, cha~p~s and expense~. includinp a ~~asonable attwney s fee and co~b of ~bstncts of thl~, incwred w paid at •ny time by wid MORiGAGEE, because or in the event of the f~iluro on tM p+rt of tM said MORTGAGOR to duly, promptly and f~lly parform, diacharqq execvts, eff~ct. ooenplN~, oomply with and ab~d~ by ~ach ~nd ewry tM tt~pulations, ~grNments, cw~ditiona. ~nd cownants of said promissory nots u+d this mortyaye ~ny or ~itber. ~nd said cosrs, ch~rges and ~xpenses, each and ~wry, sh~ll be immediately d~s ~nd p~yable: whether or not there be notice de~ mand, anempt to mlkct or wit pendtng; and the fvll ~mount of sach u+d awry wch payment shall bes. interest hom the dats thereof until piid ~t the rate of nine per centum per annum; and all said cosb, charges and expenses intwted or paid, topether with s~xh intKest, sMll b~ setwed by tht lien of thw mort9~e. 6. That (a) in ths event of any b?each of this Mortyaye w defaul~ on th~ part of tF?~ NWRTGAGOR, or (b) ~n the ~vant snY of s~id wms of money hercin refened ro be not promptly and fully paid within th~rty (30) days next aher the same severalty become due and payabte, without demand w notics, w(c) In tl+e event each ~nd every the stipulatioos, agreemenb, ca~ditions and covenants of sa~d promiuory note u~d th~s mort~s any w either are no1 ~uly, promptly and fvlly performed, d~xharged, executed. effMed, completed, complied with ar+d abided by. then in athsr or any s~ch evem tM ~aid ~g g?eyate wm menYaned in said promissory note tMer? rcmaining unpaid, with interest scuued. and all ywneyi secvred hereby. shall baoo~ne dw and pa~r abte forthwith, or thereafte?, at the option of ssid MORTGAGEE, as fully snd completely as if all of the uid suma of money were w~pinally stipulated ro be pa~d on such day, anythirg in said promisswy note or ie this Mortga9s to tM contrary notwithstaodiny; and the+eupon or thereafier ~t the optan of •aid MORTGAGEE. without notice w demand, wit at Isw w in eqvity, therefore or thxe+her begw4 m+Y be prosecuted ~s if all nwnays s~cwed hereby had matwed prar to in irutitution. ; 7. 7Mt in the event that at the bcginn7ng of w at any time pending any wit upon thw Mwtgsge, or to foroclose it, w to rcform it, w fo eoforu ; payment of ~ny claims hereunda, said MORTGAGEE sMll apply to the Covrt having jvrisdiction thereof fw the appointmcnt of a Receiver, such ~oun shall fwthwith appoiM a receiver of ssid mortgaged property all and singubr, includ~ng all and singular the income, profits, iswes and revenues from whateva source derived, each and every of whrch, it beinp expreuly unders~ood, it hereby mortyaged as if specifically set forth and described in ths ~ra~ting and habendvm clauses hereof, ar+d such Receive? shall have all the brosd and effective functions and powers i~ anywise entru~ted by a Court to a Receiver, and wch appoimment shall be made by wch Court u an admitted equiry and a matter of abaotute rigM to said MORTGAGEE, and without reference to the •dequacy a inadequscy of the value of the property mortgaged or to the wNency w insolvency of said MORiGAGOR u the defendants, and that such rents, profits, income, iuurs and revenues shatl be applied by ~uch Rece+rer accord~ng to ~he lisn w equiry of said MORTGAGEE and the practioe of s~ch Court. ~ 8. To duly, pramptly snd f~lly perform, d'acha?ge, eaecute, effect, complete, camply with and sbide by each and every the stipulatans, sp~eern~nb, t conditions and oovenana in said promissorY note and this mwtgage set fath. 1 9. That in the event the ownership of the mo~tgsged prcmises, or any part tFxreof, becomes vested in a penon other tMn the MORTGAGOR, the MORTGAGEE, iri wccessors and auigns, msy, without notice to the MORTGAOR, deal with such successor or successor in interest with refere~xe to this mort9ape and the debl hereby secured in the same manner ss wi?h Mortgagor withovt in any way vitiating w distharging the Mortgagon' lisbility herr ~ under w upon the debt hereby secured- No wle of the premises hereby mortgsged and ra forbeannte on the part of the MORTGAGEE a ib successas w su~gns and no extension of tF~e time for the payment of the debt hereby secured given by the MORTGAGEE or its successors or suigns, shall operate ro release, dixhar~e, modify change or affsct the original liability of the JNORTGAGOR hereio, either in whole or in part. 10. h is specificatly agreed that time is of the esserxe of this contract and that no waiva? of any obli9ation hereunder or of the obligation se- cvred heteby shall at any time thereafter be held to be s waiver of the terms hereof or of the instrument secured herby. 11. In addition to the foregoing monthly payments of princ:pal and interest required by tlx promissory note secured hereby, mortgagw covenants ! and sgrees to pay to mortgagee with each monthly payment an additional sum estimated by mortgagee to be eqwl to t/12 of the annual cost of the follow- ~ ; ~ A-All real property taxes levied a assessed against the above desvibed real estate. B-Premiums on fire and windstwm insurance as herein required to be carried on the improvEments s+tuate on the above destribed premius. I C-Prcmiums on such mwtgage goaranty inwrance as mortgagee shall from time to time deem fit to carry on the ban secu~ed hereby. Mortgagee shall from time to time notify mwtgago? in writing of the amount due and payaWe hereunder and such wm shall therevpon be due and payable o~ the due date of the ne:t monthly payment snd exh wcceuive month thereaher uroil mwtgagee shall notify mortgagor bf a cha~ge in such amount. Such sums ihall be applied by mortgagee toward the payment of real properfy taxes, insurarxe premiums, and morigage gua?any iiuurance premivms_ IN WITNESS WHEREOF, ihe said MORTGAGOR has hereuMO set his hand and seal the dsy year first f~ or~ysid. : Siy Seskd and ivered In the presence of: _ j~ : ' ~ a~ i _ ~ ~ 0 • cs..q ; s1Are oF~i~ New York ~ • ~•r}ctn da _,a ~ ss. courm oF ~f„! p,,,a,,,~~y Car 1 L. Jackson ~ - +od Bessie B. .laC~CSOA _ his wife, to me well known and known to me to b~ ~h~ ~ridwb described in and who eaeMed the faepoinp instrument, and ackrawledyed befw~ me tMt they exacuted the sarrw fw tM pvrposes : ~~~M f~. N~, Bessie B. Jackson _ Car 1 L. Jaclcson ~ ,t! ~ wif~ of fM wid ~ examN+ation by m~ taken separab and apart from her said Iwsb~nd, adu+owl«lQed b and befor~ me that ~he ~:ecuted said instrument fre~ly and volw?~ r~rily ~nd w~tl~out aey comp~?biw~, ca~snalnt, appreFrnaion, a f~a of or from her s+id Fwsba+id. WITNE55 my hand ~nd official ss+l th~• ~~~L_ d+y of ~y ~A. D. i9 68 FILED AND RECO ~~~~A'~ ~ ST. LUCIE COUNTY, FLA. N°'"" P"~'~"'"'"d f°"~" s"t. of7W~rlQKu V~o. r~ r. c a r f~ c n M~ Commasion t~? Y n r'k R~twn Ta - - • ~ F~.~ F.d...i s.,,u,o: a~,~.«~.t~? 16'71`72 Of Fort P:erd. Y; _t,y r: .iJ~~,)nild • ~ iYMK 'h~ Sta!e ••e+ vc?R w.~ Fb.~ '68 MAY ! AM I I . ~ 4 o~_n ~o .3.3~~~~~~//J~ _ . , ,tf ~ti ` s/~ ~ y O~~nPU:~swn ?.p.~~~ Y~rcM ~O. i~ai/ . ~~rep~.~~l ~Y ~ _ ~ ~ . ps~i4m 0~•:K . UITRI.S / ~ j ~ ' & CLERK CIRCUIT COURT ~ . :~~do~ ~ . ; ~ ~iar~ ~;A'~E~ . „ , ~l . ~ ~y - ~ • ~ ~ ~ ~ = ~ ~ ~ eo~ 171 ~ 2627 ~ _ . , . ~ - - - - _ d..__:.4.y. . : . . . . _ " ".,~.c. . _