HomeMy WebLinkAbout0464 ~ . ~ . . ' 1` _ ,
To pl~a and continvovily 4Np on tM bvildieps ~w~w w Mr~afra Wtv~t~ on istd land ~e?d on all eqvipn~nt ~nd pasonally cownd by 1h1~ mwq.
~p~, wFth a!! pemfun* tM~w~? paid in full. ti~e ie?suraoc~ i~ th~ viwl it~~da~d polky fam, ~n ~ suM ~pp~owd by th~ MORTGAGEE, and windttam
inswa~a in tM ~wal ~u~wfa.d pol~ey taen, in s wm ~pproved by th~ MORT~AGEE; in web eompae,y a ooe~panin u tt~ MORTG~tGfE n+ay
d~nc4 +nd ~11 tin and wtndibrm in~u~ancr polk'as on ~ny of iaid b~?iWinps, ~nr int~~~ tMrtin a put thK~of, in Uw ppre~atv wm afo~Naid a
In uccas ~M~wf. ~11 cont~in tM uswl st~ndud mat~~ ciava w s~ci+ otM~ clavN as th~ Mo.~pspN ,naY nqu'~n. rt~kiep i1?~ bss undK ~aid poli~
ci~a, ~ad~ uid ~wry. paY~bl~ w wid NIORTGAGEE a iq G?t~rest m~y app~ar, and ~acl~ aid fvrry such polky ~hall b~ p.omp~ly ~ss:pned +ed d~livend to
•nr Mld by s~W MORTGAGEE a funlw< <ewrity to said mwty~ debt. u~d. npt I~sf than t~n (10) d~ys in ~dva~ of th~ ~xpkatan of ~ac.l policy. to de
liva ro s~id MORTGA('sEE ~ nn~w~l thKwf. topahw wi~h ~ ret~ipt for fhs phmivm o} wth reeMwal~ u+d tMn ~MII b~ no fu~ a wlatstwm Inewu+n
pi~ad on any of ~atd bWldinQs, any interat tM~~in a p~n tMr~of, unl~ss in th~ fonn'arn! vuith tM los~ p+y~ble u afon~idj and b. tM ~wnt aMr w~n
of naeNy becom~s payable w~d~r wch poli~y w pelicies uid INpRTGAGEE shall Iw~y th~ optioe to noeiw u~d apply tM s+m~ on ~ccoun~ 01 tM M~d~bt~d-
~a wev~~d FNnby or W pKmif wid MORiGACsORS ro npivs ~nd vs~ it w~ny put fhertof fq othe~ pv~pose~, wi~Mwt thsreb~ w~ivi~y w impaia
b~p any puity, N.n a ~i~h~ ued.? « by viNw of tl+~ morty+p.r +nd ~M •v.n~ ud MORTGJ?GORS •hall fa anr n,~oa il ro k~ep fh~ said pnmius ~o
iniw+d w f~il ro d~tiw~ promptly ~ey of said polici~a of insursnu to said MORTGAGEE, or h:! promptiy ~o WY fidn Y WN^iwn the~~for or M arrp
r~sp~et f~il b paforn~, distharq~, execute, ~fhct, oompl~tt, compiy-yvith +nd ~Wd~ by tbis eow~»nt, w ~ny put hNwf, .d MORTGAGEE may plac~ ~nd
WY for wch imwanor a u~y pat tM~wf wiri+our wahinp o~ ~ff~cti^0 +np optfwb (Nn, puih. w rqht undM w by virtw of this Matype. aed ?M
full amoix~t of ~ad~ aed wsry weh paynwm sh~tl b~ irwn~di~t~ty dw and p~yabl~ aod ~Aall bw ;re?ir~s~ f.wn tM da?~ thNwf v~til p~id M tM rat~ ot
1?IM JfN Cp1tY111 pN afY1Wf1 i~ t0gltA0f WitI1 fIKA i111NN1 ~~NII {lCyfld by 1IM I~M O~ 1II~f MOf19i~f.
1. To pKmit, oonweit or wffN no wat~, impairn~cnt w d~tKiontion of said propKty or ~ny p~rt tMr~of.
5. To p~y ~II ~nd sirgulu th~ /costs, cM~s ~nd ~xpense~, tecludinp a n~soMbk ~tto.nay• fee and cosn af ~bshscts of titl~. incurnd or paW at
any tim~ by sa(d MORTGAGEE, b~caust w in tM ~vMf of the failwe oe~ fhe p~~! of ti» »Id MORTGAGOR to duly, promptty ~nd fully p~rform, discMr9~
~xaut~, ~ff~ct, oompl~t~, comply with snd ~bide by each and every tM stipvia~ioes, ayroement~ coe+ditioeu. ~nd oown~nts oi said promissory not~ aed thu
'"orrp+~ ~nY or ~ither. and said cos~s, chu~es ~nd rxPer~se~. each and every. shall bs inunediafely dw u~d parabMs wMtMr or rwt thtr~ be notki de~
mand, attsmpt I~o oolbct a suit p~ndi~gj and th~ full amount of each and every wd? payment sMll bea. intenst from 1he dat~ th~reof until paid at tl+~
rste of nin~ pN centvm p~r anwmj ~nd all iaid cbirs, chuges and e~pe~ws incwred or paid. topNhar with wch interpt, slwll b~ secured by tln iiM of t!w
mor~pp~.
6. i?Kt ji) fa the ~wnt of Myr be~cl~ of Nw Mortpa~ a def~ult on Nr put of ths MORTGAGOR, or (b) in the ~vent ~ny of wid sw++s of mon~y
h~nin ~~hn~d ~o b~ nof pron~ptly and fvlly paid wirhin thi?ty (30) days nex~ after th~ same severaty becwn~ dw and p~y~bb. withwit dem~nd or notice. ~
w W in th~ ew~1t e+ch and ewry tM stipulations, apreements, condiriorq and covsr~+nb of ssid praniuory note and this mort~ape any or ti~hK an no1 {
iuly, promptly u~d fully performed, d'~sch~rped. execvted, eff~cted, compteted. complied with a~d ~bided ~y, tl,~n in either or ~ny such went tAs taid ag
preg,+t~ wm meMionad In s~id promiuory note then rem~ininp vnpaid, with interest scuued, and ~tl moneyt secured herebY, shall beeom~ dw and pay~
abl~ fpthwith, o~ ther~aha, a1 the option of said AIIORTGAGEE, u fuly an! compktely as if all of the ssW svms of money wero o~qindly s~ipvlated
ro b~ Wid an s~d+ d+y. an1l~~+? ~ sa~ P~~~Y ~m a in this Mortgspe to the contrary notwithsHnding; aod the?e~rpon or ther~~ha at the option of
s+id MORTGAGEs. witiaut notia or dsmand, svK at law or Fe pvity, ther~fore a thereafter be~ur~, maY be proyecuted as if all m~~ey= iacur~d hereby
ha~1 m.w.ed prio. ro in tnstiwtion.
7. '(h~t ln th~ want that ~t the beginni~g of w ~t ~ny tims pending soy suit upon this Mortgsge, or ro fweclose M. or to ~efam it. a to enforp
p+yment of any d~ims hercunde~, said N~pRTGAGEE sMtl appfy ro rhe Cour~ haviny jur~sd~aan thereof fw ~he ,ppaormem of a Recei,rer, wch Court s!?~II
fwtliwith sppoint ~-roceive~ of said morty~ged propefty atl ~nd sinpular, includ~~g all snd singulsr the-income, profits, issues and revenues from whateva ~
tourte d~irved. ~stl~ a~+d ~very of wFircFy it beirg exp?euly understood, is htrebY ~norl9a}~ed ~s if specificalty set forth an~•tksCribad irt tM y~anti~p and
habsndwe clavsss fie~eof, and wd~ Receivcr sh~ll h~ve all th~ bro~d and effective functans y~dpQwe ii in ~yw~t~ eptrit?ted~~, Court to ~ Receivsr, and
such appoinm~ent shall be rtwde by wch Cowt as an sdmitted equity snd a mstte~ of absolute ri9h~ fo, tatad 1NORiC~AC,~eE,' ~vn hbut f~~enu ro 1M
sdequacy w insdeqwq of tM wtw of the praperry mortgaged a ro the sotvency or inwlvsncy of ssid MORTGAGOR' or th~ d~FeMdant~~and that such
rents, profits, irwwne. issves snd revenues sh~ll be applied by such Receiver accordinp to the lien or equity of s~id MORTGAGEE s.~ the pts'~fti~ of such
Cowf.
8. To dvly. promptly and fvtly perform, disch~rge. execute. eifect, complete, tort~ly with ~nd abide by ead~ anc! ea~ery the stipulations, ~yreemenfs.
cond'd'ans ~nd covenants in said promissory note ~nd this mortgsgs set forth. '
9. Th~t in the event the ownership of the mortgaged premises, w any put thereof, becomes vested in a peraon other than the N10RTGAGOR, th~
MORTGAGEE, in svccesson and suigns, m~y, without notice to tF~e MORTGAOR, deal with such wcceswr or wccessor ;n ;~terest with referer+ce ro fha ~
+noat~ape u~d tl+e deb~ hereby secured in the ssme mamer as with AAortgsga withow in any way vitiatiny or dischargi~g ths Mort9agon' (isbility hera ~
under or upon the debt hereby secur=d_ No ssle of the premises hereby mortgaged a~d no fwbearance on the p~n o( tl+~ MORTGAGEE or in i~cceswn
w~uipns and ea extension of the time fw the p~yment of the debt hereby secvred given by ths MOR7GAGFE or iy s~ccetson a su;pro, shap opsrat~
~o rekase, d~schupe, modify cMnge or affect the wiga~al liability of ~he MORTGAGOR herein, either in whole or io p~rL .
10. It b spec~ficslly agreed that time is of the essence of this contracr and that no waiver of arry obligat~on hereundi.y p of the oblip~Yan k-
cured henby sh•ti at any time rher•sfr.r be hetd ro be • waiv.r of rh. arms Ms~of a o! the instrwrKnt secur~d hsrby. '
11. In additFon to the faego:ng monthly paymanfs of princ'pDl and interest required by the promissory nore setured hereby. mortgagor ~pvenants
snd sgrees to pay to morigagee with each monthly psyment an addi~ional sum estimsted by mwtgagee to be eqwl to 1/12 of the annual cost of the follow-
in9:
A-All real property taxes kvied or auesud against the above described real eatate.
B-Premiums on fire and windstorm insurance as,herein requ~red to be carrie~! on the ;mp?ovgments situate on the above desuibed prem'~tes.
C-Premivms oe~ wch mort9age 9uannty insurance as mortgagee shall from time to time deem fit to carry on the ban secured hereby.
Mortgagee shs0 from time to time nolify mortgaga i~ writing of the amount dve and payabk hereu~der and such svm shatt thereupon be due and
payable o~ the dva date oP the next mantblY psymem and each wccK~ive mo~th thcreafter vnti~ m~tya~ee sF~ll notiy .rnortgagor of- in wch~
amount. S~xh sums shall be applied by mo?tgagee toward the payment of real property taxes, inwrance p?emiwns, arid morfgaye guaranry insurance
p.emiums.
IN WI EREOF,.the.s~id MORTGAGOR has hereunto set his hand and seai the day ~nd year fint s
\ ~ )fj Witnes~e~ a to
~rankl~rieA°.~HarYis - c~Q-z-~ .
i n
~ ~ ~ si~~sa~~e c~ tO ~.q f
~ Valerie V. Harris
STATE OF FLOR A ~ •
CouPITY OF __St~ _u~ie
- . .
j eef«. m. penw?auy .pp.~roa Fr tci3n A. arr~ ~ ~
~ the individwb described in and who executed ths for h~s wife, to me well known ~nd knewn to me to b~ ~
€ e~oi^9 a?un+ment, and ~cknowted~ed before me that they executed the same tor the purposes
, rixrein ~xpre~s~d, qnd the ssd Va 7 s~r 3 e V~ s rz? a
` wife ot ths said Fra~,lciir. A Hs~rr;s upon • separate ~nd privat~
~ examin~tio~ by me tsken s~puat~ and apart from her said husb~nd, acknov„kdged to and befae me that ahe execvted s~id iratrument frs~ly and volur~-
rarily and witF~out +rSy canP~~. ~Wn~rain~~ppr4hens~' or fw of or from her said Iwsb~nd.
' WiTNESS mr hsnd ~~d offioiat ssal t1±:~f ,~;i"',' ~ ~y ~ •
, A. D. 19__~_._
T1L.~0 AN~ REC~~_ -
S'~. LUL`~E (,'QU~~: Notary P ~t in and for the State of, Floridi at Larps
rt~n,.~ T~ RFCQRD VERIFIED, : ""r L/!?/
First Fadersl Savinps d~ Loan Asfocistion
' Of Fort Pierce. kOtiry t`i~xtt; S~ate of florida at Larq~
Fo., P;~a. F~°''88 JUN 3 All 8: Z~ ~ EX~~ a,,,. 6, ~9n ~
' . ~,,~OCn'd~ - - • L CIE COU~~ ~
~ c:, RF.
~R i•017Rh'a' . _ - CORp yER,~~O ~
1
h l s i n s
t r umen
t prepa r~~~°t ciacut T c~
l
l
a
T : t_- , • I s7, ;
~irst ~ederal Sav. b loan Assn, - - ~'2 - - '68 $4'~? ,
o~ ~ w _ . MAY 29 ~y ~ ~ . 3 .
, -r .
Ot ~r " ' •
~ 6' !i., ` --:s~.
~ a~ . ~,~s-. . s EF3
~0~' r'pITRAS
• ~-~RK ClRCUIT COUR'~ `
n ~
~ BQOK 172 P~GE 46~ ~ a0QK~72 PACE J~ ' . . ~ , ~
L
- . . ~ ::iT~ -7.., - ~ - ~ . ~ _ : _ .
~ _ - . . " ' ~ -j~~~~s:
s~