The URL can be used to link to this page

Home My WebLink About0162 7o plan u~d continuouily kNp on th~ b~ildinps now w Mr~afiN shuats o~ uid land and a+ ~ll equtpm~nt and pason~lly cov~nd by this nw?p~ p~, with ~II premivr•» tl?awn p~id in full. fin insv~anc~ in ~he uiwl s~~ndud poiicy fam, ~n a sunn ap~xov~d by tM AAORiGAGEE, and wirwi~torn~ iniwanc~ in ths vswl itandard poliry fa+n, tn a sum approved by ~M MORTGAGEE; in such compa~y a compania a tM MORTGAGEE m~y dinctt and all fin ~nd v~nd~torm inwranu polici~s on any of iak! buildinps, ~ny inhtt~t thercin or put IMr~of, in tFw ag~repN~ wm afa~aatd a~ In u~pa the~wf, ~half oa+~ain tM usual u~ndud maty~yN Ns~ns or such other clavs~ ai th~ Matpape~ may nquu~, makinp tM Ioss unde~ aid pol~ ciw ~~ch u~d ~wry, paYabl~ b~aid MORTGAGEE a iri intere~f m~y ~pp~a~. u~d ~ach aed ~very s~ch policy sl+~Il b~ p?ompty us:qntd ~nd d~livK~d to ~ny INW by s~id MORTGAGEE as funhK kcurity to ~W mortysp~ d~bt, and, nw lets than ta? (IO) days In ~dvanc~ af tM ~xp}r~tion of ~sch polky, fo d~- tiw. ro w~d MORTGaGEE a ~tntw~l tMrwf, ?op~th~? witA ~ receipt fa the pr~mium of ~uch renwvat~ ~nd thK~ sMll b~ no fin a windstam t~unec~ pl~qd on ~ny of ~id bvildiopa, ~r~y intaNt tMr~in or p~rt tF+~wf, uobss in th~ fwm'and wi~h tM lou p+yab~ u ~faes~id; ~nd to tl+~ ~wnt any ~um of naiwy becpnp p~yabte u~ suth polky a~ poficies uid MORTGAGfE ~hall Mw ~h~ option to r~uiv~ a~+d ~pply tl+~ s~n~ on aaouot o1 tk• ind~bt~ ntss t~cv~~d Mreby or ro permit said MORTGAGORS ro ~~uiw ~nd us~ it w a~y pa~l thereof ia othcr purposes, wiihovt thareb± waiv;np o~ ,mpair- inp ~nY puity. iipn o? rpM unde~ w by virtw of this mort~ay~~ ~ad in 1M tvent ~aid MORTGAGORS shaH for any rta~a? fai! to kstp th~ ssid ptmiset so truured, or fa1) b delivN prornptly sny of said policies of insu~nu to s+id MORTGAGEE, or fail promptly to pay fully any p~~mivm tl+~~~fo~ o~ In ~ny ~sp~tt f~ii b pKio~m. d'nchu~, ex~cute, ~ff~ct, compl~tt. comply with snd ~bid~ by thii cownant, o~ any put he~eof, s~id MORTGAGEE m~y plac~ and P+Y ~~~sw~nc~ o? +ny P+~t tl+K~of withou~ wdvirp or aff~ctFnp ar~y opti0n, Il~n, puity, w ripht undK ot by vktw of this Motfyap~, ~ed 1M full ~enouet of Nch ~nd ewry wch p+ymeM sMll b~ immedi~t~ly dw and pay~bl~ aed shall bea~ 4?t~rat from ~M date therwf until paid at th~ rat~ ol nin~ pu pntwn pa ~newm and Mgether with such interest sMtl b~ acwed by th~ lien of tNt mortq+ye. 1. To pKmit, oonwr~it or wffer no wait~. ia~pairment w deNriorarion of aaid propsrty or ~ny puf tMreof. S. To p~y ~If ~nd sirgular tM aosn, charpea and axpenies, includinp • re~sonabk at~weiey i fee snd oostt of abstracts of titl~, incun~d or p~id any tim~ by ~aid MORTGAGEE, becaus? or in tl» ~wnt of ths failws on ths p~n of ths s~id AhORTGAGOR to duty, promptly and fully perform, d~xhugR execut~, ~ffsct, oompleb, comply with u~d ~b+de by ~sch ~nd every the stipvlatiqes, prcement~, eonditiau. ~+d ooweanq of ~a;d promiuory note and ~hii matpap~ any or ~itMr. ~nd s+~d msts, cfiupes ~nd txpen~es, each ~nd every, th~ll 6e immediately dve and pay~bles whe~her a not ther~ b~ notice da m~~d, attempt w colkct a wit pe~d7ng: +nd Na full amount of each and w~ry wch payment sMll be~. interes~ from tM date thtreof until psid ~t th~ rate of nirw per centvm pe~ arwwm; and all said c8sn, charqea and sxpM+ses inc~rred or paW, toDether with svcl+ interKt, aMll b~ s~cvred by 1M lisn of tha n~Ott9~. ~ . 0. ?hat j~) in th~ ewnt of ~~y b~e+ch of this Morty~ w default on the psrt of ths MORTGAGOR, w(b) ?n tM ~vent ~ny of asPd sums oi moner ~ here&~ nferred ro be not prompay and Fulty paw! wirhirt th'uty (3p) days next afre~ the same sererslty becom~ due an~!-p~Y~ble, without dertund o? notice, or in the ~vent e+ch and every tl+e stip~tatioes, ~graern~nts, cond~tions and coveeanb of sa~d promiuwy note and th7~ mortp~ any o? eitMr are nw iuly, promptly and fu11y p~rformed, d~scharped, exec~ted, ~ffected, completed, complied with and ab~ded by, t1~en in eith~ or any ~uch ~vent the sa;d ~g presat~ wm m~ntan~d in said promiuory oote then remainirg unpaid, with interest ~cuued. and ~tl moneys secvred he~~bY. sMll become dw ~nd p~y~ +bl~ fotthwith, w tFKre~ha, at tM option of ~id MORTGAGEE, ~s futly ~rcl compktely as if all of the wid wms of money were wgir?~ily stiput~ted to b~ psid on s~ch day. anythiny in sa;d promiuory note or in thb Matgage to the contrary ratw~thstanding: and tFroreupon or there+fier at tha opt~on of ~ ~aid MORTGAGEE, withaut notice w demand, wit ~t laa a in eq~ity, therefwe or thereafter begun, may be prosec~ted as if all money= sacured herebY : had rr?~tured prior to ifs instit~tion. ~ 7. ?Mt in tM eveat t!?~t ~t the beginning of or at any time per~dirg aay w+t upon tbis Mortgage, or to fw~^toss N, or to re(orm it, o. ro enfo?c• i payment of aey cla'~ms haeunder, said MORTGACsEE shall ~pply to the Covrt haviry jurisdiction thereof fw the appo~ntment of a R~ceive?, such Couit shall ' fOrtMNItF~ ippOi~lt • fKlivN Of 3~id ~1~Ott9i9ld p?Opl~ty ~II and singutar. i~cludmg atl and singutar the inc~me, profits, issues and revenues lrom whatsver ~ sovru derived, exh snd every of whKl~, it bein~ express?; u.-aers~ood, is hereby morl9ag~ as if speccfically set fwth and desuibcd in the yraminp and ~ habendwn cbuses hereof, ~nd sucA Receiver shall Mve all the broad and effective funct~oen an~p~weRrs in anywise entrusted by ~ Co~rt to a Rsceiver, and iuch appointment shall be made by s~ch Co~at as a~ admitted equ;ty and a maner of absolwe riyht to sa't~• MORTGAGEE, ~nd wi~houf reference ro 1he ~ adequxy or in~de~wc r~of the value of the prbpe~ty mortgaged or to the wnrency or insolv ncy. of saw MORTGAGOR w ths defe~dann, snd that such re~• profits; income, iss~es and rove~ues sFull be apptied by such Receive. accordinp to t~~r eg~ ity ot said MORTGAGEE u?d the pracrice of i~cA ,,,~,j,~ 8. To duhr. promptly and f~lly paform, ~uharge, execute, effect, mmpletc, comply vyitb and ab'ide by esch and every ths itipulatiora, agr~ert~enb, conditions and owrensM~ in said promissory note and th;s mortgage set forth. • - . 9. ihat in the eveM the ownership of the mortgsged premises. or any paN thcreof. becomes ves~ed in a pe~son other than the MORTGAGOR, f}~ i MORTGAGEE, iri sucuswn ~nd auigns, msy, witho~t ~otite to the MORTGAOR, dtal with such iutcessor p suctessor in interest wifh refererxe to this mortgs~e and the debt hereby secured in the ssme ma~ner ss with Nb~tgsga without in any way vitiating Or disthargirig the Mwtgagors' (isbilitY hpfQ.-.__- under or upon the debt hereby secvred_ No ssle of the pre.n~xs hc~eby mortgsged and no fwbeara~c~~tl~.part-of -~l~e-MORTGAGFE-or ,n iuccessws or assipm_aotLm_~eimsioeAf..tlr-lia~?-for--ei~e-~rn ottht-~kg~-hereby'secur`ed give~ by the MpRTGAGEE w its s~?ccasws w auigns, .7~11 operat~ ro rekas~, dischu~e, modify change or sffect the original liability of tMe MORTGAGOR herein, either in whole or in part. 10, it is specificsfty sgrced thar time is of the essence of rhis eonf~ad and that no waiver of any obl;gstion hereunder or of the oblipatqn se- n,red hereby sMll at any time thereafter be held b be a waiver of the terms hereof w of the imtrument secured herby. , a to pay tp mprtgagee with esth monthl . " note secur y payment an addirional s~m estimated by matgagee to be equal to 1)2 of the annu cost of the follow- A-All real property ta:a levied or described real estate. . B-Premiums on fi~e and windstorm inswanoe as herein recjv~red io o srtuate on the ~above deuribed premues.~ C-P~emiums on sqch mortgsge gwrant ' as s 11 fr ' o time deem r the ban secured ?kreby. i - Nlortgagee shaU from ' ' gagw ;n writing of th~ amou~t due and psyable herevnder and~such sum. be due and payable on t x monthly psyment and each suttessive month thereafter until mortgagee shall notity mortgagor oi ' s~ am~?nt. sumt ahafl be a ow and mort e IN WITNESS WHERFOF, the said MORTGAGOR has hereunto set his hand snd seal the day a~d first ator id, Sea del' in p?eiance of: ~ •n • n . ry rate of Ftoaioa ~ . . • : ~ COUNTY OF _ St~ L~~~_3e eefw. m. p.nw,.ny sppea~ea I. J. Baughaean ,na Sherry A~ B~U 1~ M,ife, to me well k~own ~nd known to me to bs the ind~vdvab described in uid who executed the foregoinp instrument. and ~dcrwwkdged before me that they executed tM same fw the purposes rh~rein sxprossed. And th~ as~- ShBrl'v A. ~A19h~8?ri wife ot th~ seid - I• J• Bd sa upon ~ sepuate and priv~e~ exsminaYan by me taken sep~rate and apart from her aaid husband, ~tknowledgecl ro and beiors me that ~he executed ssid instroment freely and voturr tarily uid withouf ~rqr compvliion, constraint, apprehein~or fsat of or from her said husbsnd. WI7NES5 my Mnd a~d official seal thi: p,~ y day of ~ A. D. 19 68 ~ Notary Publ' n and for the Stste of Flwids at Larye Retum'Ta MY an expires: ~ac'. 7/ First Fed~nl S~vir?~s d, Loan /?ssociation ~ • ' ,,a~i~it; ! f. :Je:a ' ac. State o! F Of Fort Pierca ti_~; ~ S p ~ : rY Pti.?C ,t F°`rirltE~'~(~ R~CQ~iBED ;~;~~G~; Q~••.,•~j?'i,i~;';:€ Mr Commissioi}Expres Au9• 6, i97~ ~ . ST. I.UC~E COUNTY. FLA. ~ ~ , ~ f~,~,~F.s `a'°'°~,.;t.«~.r;r.+c~,~,,~ ! , 1?F.^t~~n ":'hl~~Fl) _~1: Q` ~ ' j ~"..%~C/CP' C~`~%~!%L.~iC/C' : . ~ - ~ ' J ti-'. n •`s . . i ~se ~a~r ~ PM z : i 9 = ~ ' ~ ~ ~ ~ - ~iEi'74~ J ° ~ ' ~ • . r,. J J ~ry`~ \ ~ .,.o''••......••~•a`~;;~ iiOG~~ ~(~STR~.S '=ii::ti~~~.~~•` , CLERK GIRCUIT COUR1` ~ ~ BOOK 172 PACE 16;r „ - ~ r : . ~p ~ _ ~ . .,:Y= d.:~ ~ , z - - _ ~~.e