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HomeMy WebLinkAbout0485 ; ~ .Z . To pt~c~ ud caw+Hrwously 4Np on the bu;ldk~s now or he~Nha ~iwat~ on satd land and a+ ~tl pv~wm +nd P~N b'f? ~~~P ap~, with ~q pnmi~?nA thK~on paid in fuq. fln imu~anc~ in th~ uiwl st~ndard policy fam, ~ twn ~pprowd by th~ MtaitiGAGEE. u~d vrlnd~tore+ hq~xMq in th~ uswl sundud poliey fain. fn a swn +PP?owd by tM MORTGAGEE. H? wtA canp~ny o? oompaniq u th~ IIIWRTGAGEE nwy dinctt M+d NI 1in ~nd winditorm inaw~na polkia on aoy of t~id bei~di~g~„ ~ny int~st tM«in a pa~t tM?wi. in tM pp~p~t~ swn afonNid a M~xa~s ~M*wf. ahall con~~h tM wwl staodud mort9~ clwa a wch aha d~~ a tM Morty~ m+Y nquir+. n+~i~M~O N» ~oas wd« uid pdb dw tacA ~nd wKr. WYabb w w1d MORTGJIGEE a If~ intsrat may appM~. u~d ~aci~ and ~very wch polky ahall b~ promptly ass:9asd ~nd dNiwrtd to any heW by uW MORTGAGEE a fw:Mr wcwity to ~aid mortp~ d~bt. and, not IKS ~Me N+? (10~ days M advaea of tiw ~xp4~tion oi ~ack polic~r. ro d~ livM to ~id MORTGAGEf • ~a+~wat tMno% wpr~ vritA ~ r~oelpt fw tM p~mium of such rer?~w+ij u+d tMn sMll b~ no fin or win~bw?m liawana plaad on a+y of said buildh+ps, ~ny interal th~in a pat 1hK+of, w?i~ss In tM fom?'.e,d wi~h ~t+. loss payb1. as •for.s.lds and i~+ ~M .wm .nr ~wn of moe?~y becana p~yabk u~ wch poticy a polieNS s+id MORTGAGEE sMU Mw ~M optio~n to naiw and apply tl~ sarne on acoovro oj tM ind~bt~ nNS Ncw~d I~~b~r a io pi~mit ~aW MORTGAGORS fo na~iw ~rd uw N a ~~y part therwf tw o~he~ pwpose~. wi~hout ~Ae.eb~ w~~~inp a impair- inp any quiry, li~n ar ~iqAt wd~r or by virtw of this mort~apy ~nd in tM ~vent wid MORTGAGORS sh+ll fa any rts~oe f~il to kNp tM ~aW prNnias w i+?sw~d. a fail to d~liva Prompth? +nY of ~id polickt of Imvr~na ro saW MORTGAGEE, w f~il P~~^P~~Y b WY fuly ~ny prNniw~+ tMr~fa w in anr n~pat fail b pKlocn~, d'achuy~. ~x~cut~ ~ff~tt. oomplN~. comply with e~d abid~ by this cownanl. or a~y put hKwf, aaid MORTCaAGEE mry plap ind WY fa wd~ imwanc~ a any part tMraof without w~tvY+p o~ ~ff~cti^0 +nY cWion. tiaa p~ib. or ~ipht wwlK a by viAw of this AAorq+p~. and tM ful! aena~nt of ~ad~ ~nd ewry wch p~yn~ent sMll 6~ inv~wdi~t~ly dw ar~d p~yabb aid shill b~a? ~iKat from th~ dy~ th~noi untU paid M th~ w~~ ot nin~ p~r pnfwn pu ~nnwn and Mpethtr wHh wtA ii?tetat tMll be t~cvhd by fl» li~n of this lnott~. 4. To p~rmit, mmr~It a wffa ra wu». impairm~N or detKiwation of ~aW propKtr o~ ~ny paA tMnof. S. To p~y all aed ~inpular th~.eosn„ ~ u~d ~xp~ns~s, inclvdinp a rwwnabk ~troreny't fe~ aed oos» of ibsa~efs of Htl~. &Kwnd or p~id at sny tim~ by iald MORTGAGF~, b~uuu a in tF+a ewnt of tIK f~ilvre an tF~e p~rt of th~ ~aW MORTGAGOR to duly. prompth and fvilY p~rform. d~~ exeM~. ~ff~ct. oompl~tR, oomply with and ~bide by ~ath ~t~d ~wn? tM st7P~+~+t'wes. +prs~meM~. tonditian. and oov~e+nn oi saW promistory not~ and tha monp+p~ +eY o~ ~irM~. u+d a~d oosb. cFw~es and ~npaws, eacb ~nd ~wry. sMll b~ inwn~di~tely du~ and ~ay~b1~; wA~tha~ a~wt tMn b~ no~ioi d~ m~e?d, ~tt~mpt to colbet or wit pMd'ug; ~nd th~ fvll ~mount of Nch ~d w~ry svch paymem sMll t3.x inter~s~ frwn tF~ dat~ thereol vntil paid ~t the .are of ni~ pN oentwn par uvwm; u~d all s~W o6st~ cMrp~s +nd ~xpe~?sea. ;~cyrrati or_qi{d, topethsr with sudi Inta~aL ~I+all b~ s~cw~d by tM I+~n of tiua ~ ' . A. 1'hat W in tF~ ~wnt of any breach of this Mort~ap~ a d~fauh an Nr paA d tM MORTGAGOR, a(b) in tM w+nt ~ny of sa~d wna of momy h~?~in ~~f~rc~d ro b~ not prpwpty aed fvlly p~id within thirty (3p) d~ys n~xl afta the sam~ severaly bscorne dut and piyable, wiflw~f d~n?~nd a notite, or W k~ tM want each u~d ~very Me stiputatian. +grMeneMS. wnd'dions u?d.cov~nw?b of said promissory not~ ~nd th~s mortpap~ ~nr a eithN ~n nal i~+h. aonw+~y a~d h,ih p..f«med. d~sch..~cd, exea,ted, efftcted. comP~eted, comPlied with and abKJed by. 1Mo in ~ith~r w any ~uch waH tM s~id p~ prep~N wm m~ntiorNd in said promawry raN thsn remain+^0 unP~jd witF? ime?est ~ccrued. ~+d all moneys satw~d h~reby. ah~ll becnm~ du~ and WY' abb fonhwi~ly w thKeafta, at th~ option of said MORTGAGEE, as fvlly and compt~~ely u if at! of the said swns of ro b~ paid oo wd+ daY. anr?hin0 in said p.omistory note or in this to the conn ~Y vv~?~ aip'uwlly atiputated ~,id MORTGAGEE, without ootice or d~m~nd, suir at la~v a in ~9~ ~^OhairMtandtrg; sr~d thsreupon a ther~~fta at th~ op~ion of had matur~d prior ro in institution. ~~tY, ther~for~ or thereaher bsgun, m~y be proxcuted a if ~II morw~n acurd hanby 7. ih~t in tM ~vent tMt at the beginning of or ~t ae~y tims pendiny apy su;t upon this AAortp~gt, or to foret{os~ h, or ro rofonp N. a ro forn paymsnt of t~y tlaina hereunde?, aaid MORTGACsEE shaU ~pply to the Coun Mvirg j~?risd~ction thereo( for tlt~ppantnyn{,~aJ~iver.•,~y~~,~o~shalt fwttiwith appoiM a receiw~ of said mat~sqad prop~rty ~I! and sinpular, includ~ny all ~nd sirg~lu tM incane, profits, hswa'~nd r~venws kom wMf~ver wura~ derived. ~ad~ uid ~very of whKh. it beinp expreuly w~dentood, is hereby mwtpaged u if spec~fically tst-forth ~nd ddaeiibed in th~ yr~ntinp and hab~r~dum cla~rses hxeof. and svch Reuiver sh~ll hsve ~II the b.oad snd eHective functaro xd powen in s~-~se emn?st~d by a:Cou~t.ro a R~ceiwr. and wch ~ppointment sAall be made by such Cowt p an dmitted equity ~nd ~ matter of absotute righf to aid MORT4'sAGEE, and withovf r~ferer~te to t!w +deqvacy or inadeqwcy of tfi~ wlw of tl+e prbparty mortg~ed or to the sohrency o? insolvcncy of said MORiGI?GQR 'tl+e deFendanti, uid that wcA re~~' profin, inconr, .i~sues +nd nvenues ~hsll bs apptied by iuch Receiver ~ccordirg w the lien or pvity.~of ~~,~GAGff «~~d,~{t~s pr`icric~ of wd~ e. ro dv~y wo~r+prty a~d fi,~?y pe.fo.m, daci~upe, execute, effect, c~omplet~, complY with and ~bid~ • . co~ditiom ud coven~+b in uid promissory note snd tha mort bY ~~nd wery tF» stipul~Y~oeu. +Drp^~enri. 9+pe set forth. 9. ?Mt in fh~ event ths ownership of the mortgaged prdn;ses, er smr part thereof, becomes vested in a penon othe~ thsn the MORTGAGOR, tM MORTGAC,EE, its wceeuors utid auigns, may, wethovt notice to the MORTGAOR, deal with svch wtcessw a succe~sor in interest with refarence ro tha mortp~pt snd tM debt hercby secured in the same maneer as with Mortgagw without in any way vitiatinp or disth~rping the Morty~gors' li~bility Ikn• unda~ w upo~ 1he debt F~ereby secured. No sale of the Rremises h~reby mortg~ged ud no fwbear~~e on the part of ttK MORTGAGEE w i» svaessors or assigro u~d no extu?sion of the time for the psyment of fha aebf hereby aecured y'rven by_ ths MORTGAGEE w its sucoesson or au;gm, ~MII operaa ro releas~, ditth~rpe, modify charge or affect the oripinal liability of the MORTGAGOR herein, ~ithtr in whole or in part. 10. !t b specifically agreed tMt time is of the euence of this co~tract and that no waiver o1 any oblipatioe herewder or of ths oblipttion ~e- ce.red i~ereby shall af u?y time theresher be hcld to be a waiver of tl~e terms hereoi a of the inatrument secured herby. 11. . . . . . . , and aprees to p~y ro ith each monthlY psYment an addition~l sum estimsted n by mortyagee ro be eqvat to 1/12 of the annu dlaw- 'rKj: A-A!1 real property Uxes kvied w sssessed against t ibed real esqte. 6-Premivms on fire sed windstorm insw~nce as he?ein requ~red 'm ovements sitwte on the above desuibed premises. C-Premiums on s4c1~ morf9s~ e' ~w? agee sh~ll from time .id time deem o~ tl+s ban setuted hereby. Matysgee sh~l( from ' notify mortgagar ;n writing of the amovnt due a~d paysble he?eunder and hereu paY~bl~ • e of, th- nact monthlY paYment and each successive montF~ reafter irntil a~ sthe morigspee sMll notify rnortgspor • s~ n tnwranc~ WemitRns. IN WITNEtS WNE EOF, the said MORT R h+s hereunto set his Iri~d and seal the d~y ard yeu ~n ~ Sgned, dsliwwd ir} tM pr o~ ~ ? .~5s+q c~..n - ~ STAtE OF FlOR10J1 - ~ • St. Lucie courm oF Wa er King~ Jr. : . b.fon ~ne p«son.tly app.u.d ,nd P@all~~ B• Kina his vvife, to m~ vwll known and known to m~ w b~ th~ Indiv~dwb d~ncr~d in ~nd w!a 4f t~~ t~o~~y~v?n~++L rN! ~dcnowkslyed b~for~ me that tMy exacuted th~ s+rn~ fer th~ purpas~s . ii}~ thsnin t~ppwd, Md th~ sa:d uvif. a tl,. ..id Waltez Kin9. Jr. ~,pon . s~p~..r..nd prnr.a •,cMninat~on br nw qken wparat~ and epart from Fw+ said husb~nd. +dcnovvledped to ~nd befo.t m~ tMt s1~e uuwted said imuwn~et fraely and volwr arily ~nd withouf M1' cpnpuhioe, coratrairru, app.st l+on, a fea. of or hom Mr iaid hwband. wnNESS my h«+d «~d offki.t ..+1 1Fw• d,y ~ •Ju 68 1 . A. Q. 19 - ~ Noary P ~t in and fw the Stata ~Zb~'~if larpr My Cannission ~xpires: I Z FH.fO AND RECOR~~, F~n F~d~`d s"'~np' i~°"' Aswc"t'°^ , NOT1UIr ?U6LIC. =TATE Of itOR1pA AT U1R6E ~ F,„ p;~,«_ ST. tvCtE COUNTY. fLA.~ ~ay eo~iss~orr eaP~Res rvov. ~6, ~v» ~o~t P~<e. Flwida ~F.~ i (C~ ooNaao tMwvwsti ?w,.o r. u~s~ia.MOws j , , , . 'se ~u 3 ~w i : Ze ~ ~ = = ~ This )nstrument propared by f,~ Q~ - • . - ' ~ first Federal Sav. & loan Assn. ' ` • - pf Fort Pierce ocEa +"'v~TRAS _ CLERK CIRCUIT COURT '1 ,Y = ~Y J. D. Chastain . ?`3` , . • - ' . • ...,r. >1.~_ . ~ e~cl~i ~ . ~ ~k . V:. _ _ _3.Y 484 ~ _ - -a- - ; x~~