HomeMy WebLinkAbout0164 To plaa and continuovsly kNp on tM buiidinps now a IweaftN sitwt~ on said la~+d and on all p~ipment a+d p~noe?~I~Y ccwnd bY thi~ na~tp~
p~ with dl prtmivr~ tMrwn paid in full. fa~ insura~a in th~ ~sual ianda~d policy fam, rn a s~~n ~pprowd by tM MORTGAGEE, er?d windsto?rn
im~x~nu in tM uswl itu~dard poliq form, in ~ wm ~pproved by tM MORTGAGEE, in wch comp~ny or canpaeas as tM MORTGAGEE may
dinclt ~nd all fk~ u?d wind~tum inw~ae~n policies o~ ~ny of said kwild~nps. ~ny inMrqt ther~i~ or pWt fMreoi, in tM ~ppre9ate wm afaNaid a
in ~xct~s thenef, ~h+ll conbin ti~ usual standud mortyp~ clavr or such o~lw~ <lavs~ ~s tM Mortp~ye~ maY nq~~n. ^NW+p tF~ tos~ u^dN i+id Pot}
ctw ~sch u+d ~wry. WYable b said MORTGACaEE ss its inte~est may ~ppaa?. Md sach ~nd ~w.Y ~uch poliq ~hsll b~ promptly us:9n~d u+d dNivered ro
any h~ld by ?~W MORTGAGEE a funher aarity ro Nid mort~sp~ debt, and, not less th~n tN+ (10) dayt in advenu of tM ~xpk~tion of ~ach policy, ro dr
I;wr to wid MORTGAGEE • r~new~l th~nof, to~thK with a roceipt for tM pnmlwn of wc1+ renswalt and ~h~n sMll b~ r+o f'u~ o. winds~am inswanc~
plaqd on uiy of aid bvildinps, u?y Interest ti~Nn o~ p+rt tMreof, vn~~u In tM form'a~d with tM bss payabt~ as aforss~idr +r+d i~+ th~ ~wnt ~ny sum
of nwe»y bacomas p~yabl~ w;dc? wch policy w polici~s s+id MORTGAGEE ~hall Mw th~ option ro r~uiw and ~pply tM sam~ on ~ccounf o1 tM iod~bt~d-
e~aa sKVnd F~u~by a b pKmit s~id MORTGAGORS ro Koeiw and u~ it or any part fhereof fw othcr purposes. without tF?ereb/ waiving w impair
iny any pvity, li~n or ~ipht under c: by vir~w of ~his morryap•r +~d h ~M •ve~~ ~.~d MORTGAGORS shall for .oy rea~a, fati ro keep rM s+d pnm~ses w -
insund, a fsi) b d~liwr prompfly ~ny of aid policiss of inswsnu ro s+id MORTGAGEE, w fail prompNy ia p~y fully ~ny p?emium tAe«for o~ in any
nip~ct fail w p~+fonq, disch+rpe. ~xecut~. ~ffect. compiet~. oomply with ~+d +bid~ by this covenan~. or ~ny p~?t hKeof. said MORTGAGEE may place snd
paY fa wd~ Mawanu w ~ny put tl»reof withovt walviep a affectinp any option, IiM, puity. « right wtdK a by virtw of thii Mal~ap~. and the
full amount of ~sd~ and wery such p~yment siwll b~ imrnediately dw and Wyabb and shsll beu i~tKn~ hom tl+~ dat~ therwf until paid a~ tM wt~ ol
nirw p~r ctnt~m pK ~nnum u+d toyether with wcA interest thall bt secvrod by th~ tien of this lnott9ap~.
1. To pamlt, canmit or wffa oo wuts, tmp+ument o~ deterioration of t~id propKtp ot ~ny piA tMr~of•
S. To p~y ~11 a~d sinpular tM'coats, cMr~ea and ~xPe~ses. inc~udi^4 ~ re+so^+bl~ ~ttornty's fe~ snd costs of ~b~tr+cts of title, incurr~d o? psid at
any time by said MORTGAGEE, b~uvs~ or in tF~s ewnt of ths failwe on tM pan of tM s~id MORTGAGOR to d~ly, promptly and fuily perfwm, dxhar9~
axecvte. ~ffact, oompk», comply with and ~bid~ by each and every the stipulations, ~greanents, conditio~, ~nd oown~nts of said promissory not~ and this
morty~p~ ~ny or ei~her. ~nd said cosa. clwges and expenes, e~ch and every, sMll be h+unediately dw and psysbles wheth~r or not tMrt bs notice d~
m~nd, ~tt~mpf 10 oollact or wit p~ndin9j and ths full art~ount of sach and ewry such paym~nt sh+ll bear i~terest froen the date thaeof umil p~id +t N+~
rate of nine pe~ centum per annum; +~d +11 wid c3sts, char~s and expenses incurrcd or paid. together witb wch interpt. ~MII b~ acured by tM li~n of tF~i~
a. TMt in thi ~vent of any brt~ch of tha Mortgap~ or deisult on tl+~ part of the MORTGAGOR, or (b) 1n tt+~ ~vent ~ny of ~aid sums of mon~y
her~in referred to be ~a p.o~ny ,~,d wiy P+~a withi~ thirty (30) days nex~ after tM same ~everally becoma due aed payabb. without dem+nd a noYice.
or (v in tM everq esch ~nd ~very tM stipulations, apreeme~n, conditions ~nd coven+nq of s+id praniuory noro ~nd thw mortpaye any or ~ither art no1
iuly, promptly and tully performed. discharqed, execvtnd. ~ifetted, compteted, complied with ~nd abided by, then in eitF~er or ~ny s~ch ~wM tM said ~
prep,~t~ wm ma+tioned in ssid promissory note then ~em+inie~ unp~id, with interest acaued. and all moneys secured hereby, shall bemm~ dw snd piy-
sbl~ forthwith, a thereafter, at tMs option of said MORTGAGEE, u fvlly snd compl~tely as if all of the sati wms of money were aipin~lly ttipulated
to be paid on such day, anythiny ia ssid pran'~ssory aote o? in this Mo?tgsge ro the contriry noewithstanding; and 1he+e~pon a thereafter at tM oplion of
said MORTGAGEE, without notice o~ dem~nd, suit at law w in eqvity~ 1I1lf!(0!O Of fI1Q~NItH begun, may be prosetuted as'if-~IE~noneys setund her~by
had matwed prior to in institWion.
7. TMt in tM event that at the beginning of or +t ~ny time pendinp wy suit upon this Matg~ge, or to fweclosa it, w to refo~m it, w to enforce
payment of aoy dauns hereunder, said MORTGAGEE shsll appty to the Cou~t Mviny jurisdid~on thereot tor ths sppo~ntment of ~ Receiver, such Court sMlt
fwtliwith sppoint a receiwr of said morty~ged property all u~d si~rg~l~r, inclvd~ng all and singulsr the income, profits, Iuuas and revenues from whatever
wurce derived, e+ch ~nd ~very of vrh~ch, it beiny expreuly understood, a hereby mortgaged ss if speciiically xt forth and deacribed in the ~ranting snd
Mb~ndum davses hereof, and s~ch Receiver shall Mve all the broad and effective functions and powcn in anywne entrwted by a Coun to s Receiver, and
•uch appototmsnt shall be msde by wch Cowt u ~n ~dmined equity and a rrytter of absolute ~rigM ro ssid MORTGAGEE, and w~thout refercnce ~o the
~dequ~cy or insdeq~racy of the wlw of the prbperty mortgaged or to the sonrcncy w insolvency of uid MORTGAGOR a the defendants, and that such
rents, profip, 6+come, iasues u~d revcnues shall 6e applied by svch Receirer accordir~ to the lien w equiry of said 1NORTGAGEE and the practice of such
Cowt. ~
8. To duly, promptty and fully perform, d'ucharge, execute, effect, complete, comply with and sbide by each ~nd every the stip~rlations, ayrcements,
condrtara and covenann in wid promissory note and this mortgsge xt fwth.
9. That in the event the owaership of the mortgaged premises. w any part thereof, becortros vested in • person otF~ th~n the MORTGAGOR, t1+~
MORTGAGEE, Hs urccessws and suigns, may, without noYKe to the MORTGAOR, deal with. such wccessor o~ successor in interest with refere~te to this
mwt9ape and the debt hereby secured in the same ma~ner as w~th Mortgagor withovt in s~y way vitiaYu~p o~ disch~rging the Mortgagors' lisbiliry here- ~
under w upon the debt hereby secured. No sale of the premises hereby mortgaged snd oo forbearance on fhe part of the MORTGAGEE or i» successors ;
or ~uigns and no extension of the rirsr_ for the p~ymem of the aebt hereby secured given by the MORTGAGEE or its succetsors or auigra, shal) operate ~
ro release, diuMrpe, modify change or affect the uiginal liab~lity of the MORTGAGOR here'u~, eithx in whole or in put. '
i
10. It is spec7fically agreed that time is of tF~e cs~nce of this contrsct and that no waiver of any oblgatwn hereurxkr w of the obligation s~
a;red hereby sMll at any time tlxresfter be held to be s wairer of the ttrrtu hereof a of the instrumeM setured herby.
. In addiYwn to the forego:ng monthly payments of princ'pDl and interest required by the promissory note secured hereby, mortgsgor coven '
and agrees to mortgsgee with each monthty psyment an addition5l sum estimated by mwtgagee to be equal to 1/12 of the annua olbw- {
ing:
A-All real property taxes kv sed against the above dcscribed resl
8-Premiums on fire and windstorm insurante as carried on the improveme~ri situate on the above described premises.
C-Premivms on su[h awrtgsge u ance'ss mortgagee ime to time dtem fit to carry dn tFie bu? secured heieb~.
Matgs~ee shall f ' o t~me notify mortgagor in writing of the SrAount due a herevnder end such sum shall N+e~eupon be due and
payeble on t ate of the next monthly payment and each successive month thereafter until mor g I notify mortgagor of a change in such
amount. sums shall be applied by mortgagee toward the payment of real property taxss, insurante prem:ums, a aran insur~~ce
i p yms,
i IN WITNESS WHEREOF, ths.said MORTGAGOR has hertunto set his hand and seal the day sr fint af
~ Sipnd, S~/I~d and vered in the presence of:
~ ~ ~
~ ~ n--n
~ ~ cs~,n
ATE OF fLORIDA ~ - ~
st_ Lucie
couran oF .
~ eefore m~ perwnally ~ppeared _ FYdI11Cl~Yl A~ Harris ~
V~el'~@ Harria his wife, b me well known and known w me to be
the individusb desvibed in and who executed the foro9ang instroment, and acknowledged befwe me th~t they eaecuted the same fw the purposes ~
~,~fe1~ ~a~. ,~;a Valerie V. Ha~cris
W;F~ ~ Frar~klin A. Harris
upon s separ~te +nd privat~
examinatan by me tsken iepuate ~nd apan irom her said husband, acknowledped to and befwe cn~ that she e:ecuted said imtrvme~t freely and volun-
tarity and withovt arqr oompubion, constnint, apprehensipppw feu of or from F~er s+id Iwsband. ,
WITNESS Fw~nd and official seal thi: u~i
m~r o7 y day of A. D. 19~.$_
~ Notary Pu in ~ed for t State of Flaida at larqe
~ My an expires: ~ / 9 7~
~ a~w?n ta: Notary PubGc~State of Fbrida at luge
Fint Pedsril Savinps 3 Loan /lssociation • • , !
Of For1 ~Pierce. _ t~ti~l~1!lt:,, 11A11 Comrwssao Expres Auy. 6. 1911
`a :~~q~ ~o.ae h ~..dw F:. a c+.+.rr co.
fort Pierce. Florids . . ,
~ ~ ~
: , " ~lLEp
. . f.{- 4 ~ sT. LUCIE CO E~~~~
S • t RFCORp UNTY. R[,~;°
Thi instrument prepared 6y r-~::~;, '9 t=' • js v-R~~~EO
First F
e d e r
a l S a v. & l o a n A
s s n. ' s'• y r~' ~
4~
' ~
of Fort e~ ,.~~~~~f - ~ 'fr^`~i ` ~
• ::,-~,f •..,....~~c ; 19
y ~ :
B ' ~ ~ ~ %~t ~wii~i~~``' . ~-'7~~
. - . - ROG~R -
BOOK~7~ PAGE 164 ~~ERK ~~RCUIT COU~~,
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