HomeMy WebLinkAbout0725 To plaa and cont~o~sly kNp on tM buildinp~ now a hK~+h~r sitwt~ on said tud a~d on ~II ~quipen~nt a~d p~nona~h wwr~d bY tt~is nwrq~
a~. with all p~miw~A tF~wn p+~d in full. fih i~swanc~ in ~h~ wwl iandard policy fa~n. ~n a swin approwd by tM MORTGAGEE. ~nd wb+d~torm
inwanp h th~ uswl q~ndard policy fam, in a svm ~pprov~d by tM MORTGJIGEE. la wch comp~nY or comWnia +s tl+~ MORTGACsEE nwy
dinct! ~+d ~II fin ~od wind~wrm iinwaeo~ policia on ~ny of ~aW buildinp~, +nY N?tKpf 1FNff111 Of pifi fMrlOl, in tM ~pyrp~q swn ~fore~sW or
n
in ~xaa lM?Nf, sMll contain tIN wwl usndard marrop~ daus~ a such od~ da~ a Nw Mwepp~ maY n9uw~. m+kinp th~ bss undu said pol}
ci~s. ~ach ~nd ~very. WY~bI~ 1o said MORTGAGEE ~ i1s intaest may appN~. +nd ~ach and w~rN s~ch policy ~hall b~ pranptly ass:yn~d ~nd ddivK~d fo
any Mld by s~W NWRTGAGEE ivrtM~ acwity to s~id mwt~~ d~bt. aod. nol t~s~ tMn tM q0) days in +dvanu of tM ~xpiration of ~ad+ policy. ~o d~
IivN ro s+1d MORTGAGEE • r~wal tiwnof, lop~th~r with • roaip~ ia tM pemium of wch r~eewdt snd tht~~ ~hsll bt no fin a winds~un+ inswana
pl-o~d on ~r of ~aid bulldinps. ~ny inter~at tha~in w p~n tMrwf, w?i~ss in tM fonn~afMJ M/ltlf 1M IOW p~Y~~ u~{a~~~j ~ iFN fVMt N1Y WT
of mon~y becana p+Y+bN v!+dK wch P°~ity p°I'Ki~s said MORTGAGEE sMll Mw ~M option ro~~caiw and apply tM s+m~ an +aow+t o1 th~ ir~bt~
rwss secw~d Mr~by a ro permit uid MORTGAGORS to nc~iv~ and uk it a ~ny put thereof fa othe~ purpoies. wi~hout thereb~ waiviny or impair-
irg ~nY puity. li~n a tipht wKlv or by virtw of tNs mortyps~ Md in tM ~wnt wid MORTGAGORS sh~ll fw ~ny nawn i~U to kKp tM uid pr~mises so
truund, o~ (+il a deliwr promptly ~ny of s+d polici~s of tns~snu to aid MORTGAGfE, a f~il promptN w paY fi+lly ~ny pnmiwn therefor ar in ~nr
r~~pM f~tl b p~rfocnb discharp~. ~xecut~. ~ffKi, ca^PIN~. comply with and abid~ by thia oown+nt, o. .~+y P+n h«wf, ssid MORiGAGEE m+y pl~ u+d
pay fa wch hawanc~ or arqr put tMreof without w~Ninp or ~ff~ctinp +~W oWien, INn. Mu~H. a r'ph~ ~ w by virtw of this Matpa~. and tM
full aenount of ~ach and w~ry wch P+Ym~m sMll b~ imrn~di+t~ly due aod py+bh and sh~ll b~a intKa~ from tM dat~ therwf un~il paW ~t tM aN ot
nieN p~r antum pN anrwm ~nd toq~thx with such iater~st sh~ll b~ secvnd by tM li~n of this matpape.
a. To pKmit, aorNnit a wffK no wub. imp~irment a d~te?ioration of said propKt~? w anlr put tM+eof.
S. To pay ~u.snd sinyular tM•cost~, cMrpa +ed expx?s~s, includinp a reuonsbl~ ~ttomey's fes and cosn of ~bstr~ of titk. k~cvn~d or paM at
any tim~ by s~id MORTGAGEE, bacav~ or in tM ~wM of ths failwe on the put of tha said JNORTGAGOR w dely, promptly ~nd ivlly perfwm, d~schug~
execvt~. ~ffM. aon?P~~t~, aw^PM with and ~bide bp ~+ch ~nd ~very tM stipulaNons. ~yreem~^b. conditions. and oownann of said p~omiswry note and ~F?i~
mortyap~ any or ~ithK, and s~~d eosts. chupe~ and ~xpens~s. eacl+ and every, slwtl b~ imnwdN~ey dw ~nd p~yabh: wheihs~ a not tF~~ be norioi da
muid, ~tt~rt~pt to aoI1M or wit p~ndiig; ~rd tM fvll amount of each ~nd wery such paYmr~t sh+ll bs~r intersat from tM d~te thereof until paid at tM
rate of nins per centvm per annums and all s~id o5us, chu~es and exp~nses in~wred o? paid, topethar with wch intsrat. ~h+ll b~ s~cvred by th~ lit~ of thif
~p~
A, ihat in th~ went of a~y breach of tF~is Mortysp~ or d~fsult on th~ put of th~ MORTGAGOR, o? (b) in the evir?t any oi said wms of inon~y
heroin nfKnd to be not pomptly ~nd fully p~id within thirty (30) days next afta the same ~evcratry becane due and pay~bb, without dem+nd o? notice.
or (d in tM ~wnt each and ~very the st~putatioos. +9?wm~~b, conditans a~+d ~ve~n» of ss~d pranissory note aod tlus mwtp+ye any w ei~hsr an no1 ,
iuly. promptly and fully p~rfamed, d~schuged, exacuted, efitctcd, compl~ted, complied with and sbided by. then in either w any such ~wm 1M said ag !
prey~b wm mentiornd in said promiuory rale then ram~ininp unpaid, with interesf scuwd, and all moneys stevred hereby. sMll becoena dw and pay~
sble forthwith, w tM?esfta, at tM opYwn of s~id MORTGACaEE, u fvlly ~nd con+pletelY as if ~II of the said svms of mon~y were wgin~lly stiputated
to ba paid on s~ch d~y. anythinp in s+id promissory note or tn this Mortpags to the contrary ratwithstandirg: and tl~erwpon or thereafier at th~ option of
said M.ORTGAGEE, witho~t notic~ or den»nd, suit at law w i~ pviry, therefor~ or there+fta beyun, may be p~osscuted ~s if all morKys sea+nd Mreby
had rn~twed prior ro in insrit~tion.
7. That in tM event tF~t st the beginning of w N ~ny timc pendny soy s~it upon thb Matyage, or to fweclose it, w to reform it, w to enfwa
payment of any daims he?evnder, said lNORTGAGEE sfull apply to the Court havinp jurisdidion thereof iw ~he ~ppantment of • Receiver, such Cwn sMll
fwtliwith appoiot a raceiver of ~id mortgaged property al) and sinpular, inctud~ng all and si~?gular the income, profiq, issues and revenues from whatever ;
wuru derived, exh and every of whith, it btinp ~xprtuly ~nderstood, is hereby mortgaged u if specifically set forth and~dewibed in the prantinp ~nd i
hab~nd~m davses h~reof, u+d such Receiver shall have all the brosd u~d effective funct~ons and powers in an~rwiu enuusted by ~ Cour1 to a Raceiver, snd
wch sppointma?t sAall be made by such taxt u ~n admined equity and a m~ne? of ~bsolute ri9ht to tsid MORTGAGEE, and without referenc~ ro tl+s ;
adequacy w in+deqwcy oi the valve of the prOperty mortpsyed or to the sowency w insolvency of said MORTGAGOR or ~he defendann, and that such (
renrs, aofin, incane, nsves snd revenues ~all be spplied by svch Receiver aaordin~ to tM lien w equity of said MORTGAGEE snd the practice of such ~
CouA. r
8. To duFy, promptly and fully perfam, d'ncharye, execute, effect, compkte, comply with u~d abtde by each and every the stipulatio% sgreemenri, i
condiYwns u+d carenann in said promissory not~ and this mortyage set fo~th.
9. That in tha event the ownenhip o# tF~e mortgayed premises, or +ny psrt thereof, beoomes vested in a perw~ other th~n the MORTGAGOR, ths ~
MORTGAGEE, its wcceuon ~nd auig~s, m~y, without notice to the MORTGAOR, deal with such successo~ a successor in iMerett with reference fo this ;
mo.ty~ye and the debt hereby secured in the ssme msnner ~s with Mwtgagw without in s~y war vitiatiny w discf~aryirg the MoAg~gors' Ilabiliry here ~
under or vpon the debt hereby secured• No s+le of the premises hereby mortgaged ~nd no fwbeara~ce on the pan of the MORTGAGEE or in successors '
w auigns and no extension of the time for the payment of the debt hereby sec~red yiven by the MORTGAGE~ or its svccessors or usigns, sh~Il operat~
ro rekase, d~schary~, modify chang~ w affect the wiginal lisbility of the MORTGAGOR hereir+, either in whole w in p~n.
10. ~t is specifically ~greed thst Ym~e is oi the essence of this contr~ct and thst no wsiver of any oblig~tron hereunder or of the oblig+tioo sr
a,red Mr~by shall at any time thereafier be held to be ~ waiver of the terms hercof a of the irotrument setured herby.
. In addition to the faego:ng moe+thly paymenb of princ'p~l and interest required by the promissory note secured hereby, mortgagu nsn1~
and sprees mort9agee with each monthly p~yment an uJditional sum estimsted by mortgagee ro be equal to 1/12 of the ann t e folbw-
'ny. -
A-Alr real property tsxes kvied w assessed against ribed resl atate.
B-Premiwns on fire and windstorm inwranee u herei~ reqv~red to be urn vemenfs situafe on the above desuibed premises.
C-Premiums on such mongsge gwranty insursnce as rom time to time deem fit to loan secured hereby.
Mor~g~gee shall from time to ti agor in writing of the amo~nt due snd_ psY~bk hereunder and such wm s e~pon be due ~nd
' payable on the due dat monthly payment and each sutcessiw month thereafter ur.til mortgagee shall notify mortgagor of a ' such
i amount, s s sll be applied by mortgagee toward the payment of real propeAy taxes, insurance prem:wns, and mortga~e guaranty imuw
I ms.
j WITNESS WHE the said MORTGAGOR hss herevnto set his ha~d u~d seal the day year first aforesaid.
; Sw iwred the prese~ce of:
o •
ry
~ Dar s'V. T sby ~ a gl~ n
~ - - a ult rc..n
I ~--n
~ STATE OF FLORI~A
~ courrnr oF St. Lucie ~ . .
~ b.fon n,~ p«,au~~y ,pp.ued Doris V. Tisby. a sinale adult ~ ~ ,~,d
hfl~ile, ro me well known and known to me to b~
the tndividwM• d:sc.ibed in and who execufed tF~e fws9oirg instrument, and acknowledped bef«e ms that iwT execwed tFw same fw tM pvrposes
therein lxp~esNd. Anii~fM~~
,r:f~.1¦1h.•..~ ~eNe~~*si.'pwaK'w+d~w+~+~
•a~i~~irrryrr.~Ye~~yatatr - drw+~i~Iw~ ww~iwh~M ~ewrlei~wd~~ ~b~
iAil~iI~~LW11I1Y1dr~L.~pYIilp4taPfti~iYLa .f~rr~i.rl+~iwr.wiiiu~M~d. . .
W1TNE55 my h~nd and official seal thi day of J~@ A. p, tq 68
~ Notsry Public ' ~nd for ths State of Florida ~t lup~
My Comm' ~xpires: ffs~.J. b, !97/
~
~ Retum'Ta
First Federal Savinps i lwn A:sociaYwn ' • t_~.
Of fort Pierce. .,:.?~~tl~•!, , Stit! Ot ~ it ~M~
wn PK.«. Fi«~a. Notanr ~ 6 19n
. ' _ ^ _ ~r ~
~i,,,n~.~ c,~w~~'a.
This instrument prepared by ~ . s~ F~LEO ANO RECORD
F' s t f e d e r
a l S a v. b L
o a n Assn. - t_-~ ST ~~~~E COUNTY E~`
of Fort Pie • ~ 1, C n
ya~ Vr~~~~~D L A'
- ~ ~y ~ ~ -16"` s~e3
By ~ - ' ~ ~68 JUri
, . ~ 10 : 50
~~I ;
. ,
c:i1:;::P. 1TP,~ag ~
t BOOK172 PA~ .7~ CL~RK ClRCUIt COUR~
- s--~-~~ - - r ~ -=.-.r _ . .
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