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HomeMy WebLinkAbout0790 To pl~u u~d contMwiou~ly kNp on tM bvild;np~ ~ww a M~~aha sitwt~ on ~~id laed aod on dl sqvlpnNet and pason~lly cownd by this n+a1~ p~, with ~II p~miwe~ tMrwn paid ie fvll, fin incuaoe~ in th~ uswl sr~~dud polky fwm. ~n a suen app~owd by tM MORTGAGEE. ~nd wi~tam tmwana in tM wwi uand~rd policy fonn, in a sum approwd by tM MORTf3AGEE. in wch canP+~Y a~^P+~~a a~h~ MORTGAGEE m+y dinctt +nd ~It fk~ ~nd wind~torm intiw~na polk'~et on any of wid buildinps any inq?~st thKein w part tMrwf, M tM pp~pat~ w~n afo~~NW or In ~xqu therMf, sh+ll contaie tM wwl sandud mort~ape~ claus~ w wch otMr daw~ u tM 1Norppe~ maY nqu~n. m+kM+p tM lou undN i+id Pd} cia, Neh and ~wry. p•rabb a said MORTGI?GEE as in ter•reu may .pp~a?. uid ~aeh u~d ~wry tveh poliey ~hal1 b~ praoptly ~s:9n~d aex! d~llwrtd b ~ny h~ld by wW MORiGAGEE ~t fwtFwr s~curity ro wid mort~p~ d~bt. u+d, no1 Itu than ten (1~ dayt in ~dvanc~ of tl+~ t~cpk~tion of wch policy. 1o d? Itvu to uid MORTGAGEE a ~en~wal tMrwf, ta~-~?hK with • nc~ipt for tM pr~nium ot wch ren~w~lt and thK~ shall b~ no fih a wind~torm kuwana pl~o~d on any of ~aid buiidinp~ ~ny fntenst tMnin a put ~M.wf. unbss Ie tM fonn'and wi~h tM !ws pay~bl~ u aforts~idt +~d in tM weet any wm of ~na~y beeoems p+yabl~ vnd~ wd~ poliey a polieNs aid 1NOItTGAGEE shail haw tM optan to ~~aiw M+d ~pply tM samt on aeoow+t o~ th~ i~br~ r«~ Hcw~d Fzs~by a to p~?mit ssid MORTGAGORS b npiw and us~ it a+ny part thereof fa othe~ purposes, without thereb/ waivinp w imp~ir- irtp a?y puity. li~n w ~ipht ~nde? a by vktw of this nartya~~ ud in th~ ~wnt wid MORTGAGORb shaii ia any r~ason fail to ke~p tM sak! pr~mis~s w Inivred, or fall b d~Uva promptly ~ny of taid polieies of i~wrsnu 10 ~aW MORTGAGEE, a f~il promptly fo p+y fvlty any premiven thenfor w In ~ny ryp~ct f~il b pNionn, discM~~. ~xscut~. ~fhd, compl~M. comply wi~h ~d ~Wd~ by this cownu~t, w any pan Mrwf, said MORTGAGEE m+y pl+u and tull anwu tn of ~ach and ~ w~d~ nf wish,howb~ ~i~ diat~ly dw i~ pyabb u~d sh~l~~bw nhpist from tM d~t~ t pffunhil pa~idt ~ r~~tol nin~ p~r pnrwn pN amum and rogether with such inrerat sMlt b~ wcvrod by th~ 1'Nn of Mis ~no.t~+p~. To pKmit, aortwiit w wffa no wast~. YnP+kmeat w det~rioration of saW p?opKty or ~ny p+n tMnof. _ S. To p~y all and stnpvlar tlw ~oosts, cMrpu u+d ~xpees~~, indudinp a rsasoMbl~ attwney's fes snd aosts of abstrscta of title, k~xred w paid ~t any tim~ by said INORTGAGEE, bww~ a in tM ~v~nt of ths failuro on the put of tl+~ said MORTGAGOR w duly. promptly ~nd f~lly periorm, d~acharyR execut~, ~ff~ct, oomplst~, aomply with +~+d ~bid~ by sach uid ~very the stipvlatioos, preamann, ca+dition~, and aownants of wid promiswry not~ and th4 mort~~p~ uiy w ~i~Mr, uid uid cost~„ cha?py and exr..^~e~ ~ach and ~very. sh~ll b~ inunad'utely due and payabbj whetha a not then be notice d~ m~nd, ~ttempt to coUect w wit p~~np: u~d tM fvlt ~mamt of each and wery wch paym~nt ahatl bear inte?ett from tM d~te tMreof uetil paid at tM rate of nir» pK centwn psr annum; u~d sll said odits, chu~es and exp~nses incwred a psid, top~ther with wch intaast, ~11 b~ a~cwed by th~ Iwn oi thif monq~p~- ~ b. That W in tM event of sny brexh of this Mwtyspe a def~uh on th~ put of the MORTGAGOR, o~ (b) in tM ewM aqr of s~id wma of nan~y he?~in r~ferr~d to be not promptly and fully p~id withie thirty (30) days eext ~fter the same seve?~Ity becorr?e due uid p~yabl~ wilhout dsmand w~notic~. or W in Me ~wi11 ~ad+ and ~very tl+~ stiputatio~a„ sprMmenb, conditans snd coveMnts of sa~d promissory note ~nd th~s mortpape any w eitMr ~n no1 iuly. Prw~y,ry .~d fuiti ~fwmed. discF?~~p~d. ~xecvt~d; ~ffected. completed. complied with and abided by. tMn in eitMr w sny such ~wnt tM aid ~ pras,~t~ wm m~ntia~d in said promissory note thsn mmainioy uopaid, with ints~eat acaued, and all mo+~eys secw~d hereby. sF+~ll becom~ dw and p~y~ •bk (orthwith, or tMreafter, st ~M option of said MORTGAGEE, as fully ~nd tanpletely ~s if all of ths said wms of monsy were ori~inaNy ~r~puia~ed to be p+id on such day. anyth'uiy in said promiuory noro o~ in thia Monpsye ro the contrary notwithstandirg: snd thereupon or thereafte? at ths option of said MORTGAGEE, witFaut notic~ or dem~nd, wif ~f law or in equity, therefw~ or thereafter bsyvn, m+y be prosec~ted u if all mo+ieys ~ewrad htreby had matwed prior fo ib institufion. 7. TM1 in ttn event that st the beginning of or at any time pendirg soy wit upon this Matgage, w to foreclose it, or to refonn it, o~ to enforc~ payment of ~ny cl~ims hereunder, said MORTGAGEE shsll ~pply to the Carrt h~ving jurisd~ction thereof fw tM ap~wmtment of ~ Receiver, wch Court shall Fwtliwith ~ppoi~t s receiver of said mortysged property ~II and sinyulu, indud~ny all ~nd singular tM intome, p~ofib, iu~es ~~d nvemxs from whstevsr soura derived, each and every of which, it beinp expressly understood, is hereby mortgaged u if'specificslly set fath and described in tM qrantirg and hsbenduen ck:~-r,~s hereof, u~d such Receive~ shsN have all the b+oad ~nd effective fur~ct~orn and powen in an~wise entrwted by • Court to a Receiver. and ~uch ~ppointmcnt sMll be msde by wch Court as ~n admitted equity and a m+tter of a?solute right to said MORTGAGEE, and witlww reference ro the edequ~cy or in~dequacy of /M wlus of the pr'operty mwtg~yed w to the wNency or insolvency of said MORTGAGOR or the defendanq, aod that such renrs, profits, incorne, issues and revenues shsll be applied by svch Receiver accordinp to the lien w equiry oE said~MORTGAGEE and tF~ practiu of such CouA. 8. To duly, promptly and fully parform, dischar~e, execute, effect, eomptete, comply with ~nd abide by ead~ and evNy the stip~rlata% ap~menn, conditwro and tovensnts in said promissory note and this mortg~ge set fath. _ 9. That in tM event tM ownership of tl+e mortg+yed premises, or any psrt thereof, becomes vested in a perton wher than the MORTGAGOR, t!y MORTGAGEE, its _successors and auigns, m~y, without notice to the MORTGAOR, deal with such successor a waessor in interest with ?efcrence to thif matyap~ atid the debt Aereby setured in the ssme manner as with Mortgagot without in any way vitiatieg or distharpinp fhe Mortysgors' liability Mn- under w upon the debt hereby secured. No ssk of the Rremises hereby rtangaged ~nd no fwbearance bn t!~ part of th~ NWRTGAGEE or ib successors or asaigro snd no extension of the time for the paymem of the aebt hereby sccured given by the MORTGAGEE vc in suco~ason or ~ssi~ns, shall oparat~ ro rele+u, d~schary~, modify cMrge a affect the wiginal IiabiGty of the MORTGAGOR herein, ~ither in wl+oie pr in put. 10. It is spec~fically agreed tMt time is of the euence of this contract and that no waiver of sny obligation he?eunder or of th~ oblipation sr ; a,red hereby sMll at any time thereaher be held to be ~ waiver of the terms hereof w of the irouument secured herby. ~ 11. In additwn to the fwego:ng monthly paymeMS of princ'pDl a~d interest requ~red by the promissory rate secured hereby, mortgsyor covenaMS ~ and ~grees to pay ro mongsgee with eath monthly psyment an ~dd~rional sum estimsted by mortyagee to be eqwl to 1/12 of the annual cost of the follow- ing: ( A-All real propery taxes kvied w assessed against the above described resl est~te. B-premiums on fire and windstorm i~w~ntc as herein rcqu~red to be urried on the improvements situate on the above desvibed prem'ues. C-Premiums on such mwtg~ge gwranty inwra~ as mwtgagee sh~ll from time to time deem fit to carry on the ban secured hereby. Mortgagee shall from time to time not~fy mortgagor in writing of ths smo~M due and pay~bk here~nder u~d wch wm shall thcreupon be dve ~~d I'~ pay~ble on the due date of the next monthly payment and eath successive month thereafter until mortysyee thsll notify mortgsgor of a charge in such ~ amount. Such s~ms shal applied by mortgapEe toward the payment of real property tsxes, inwrance prem:ums, and mortgsge guaraoty ir?wrance premitKru. ~ IN WITNESS _ ER , the s~id MORTGAGOR has herouMO set his hand and seal the day and year fint sforesaid. SipMd, Sa Ilwnd in of: . ~ ~?~~Q~tCm ~t9•~c~ ~A~bte~Q ee~.~ . n--n ~ n..~ STATE OF FLORIDA ~ ~ St. Lucie ~ rances Montine Briggs, a single adult defon n+~ pKSOndly ,ppeared Z~I' , Hirwif~e, to rrN well known ~nd known to ms to b~ : the indwidwlfdesviMd in and who ~xecuted the fore9oinp instrument, and acknowledped befon mt that tFwtex~cuted tFr wme for tM purposes ; therein expresfed A~d-11~Mr SA .~7ifE ~fi fllf siAtl ~r'ew ~ pp~rN~ ~wr-p~ivM~- -e~urnhntietrbrn~talta~'t~p~rstrtrR!-~parr(r~oerhersald~fiosb~r~dt~de~eM4edged few~nw~lwtshs inslreena~tfrael~•~+~~ohnr- ~ariiq-awi w+N+Nt'«4?• ~o~sio~y-~cwwtrain~ ~pp~ah~n ' F er-6ear ~ id esbw~ WITNESS my Iwnd and official s~al t' ~ d~y o{ June A, D. 19 68 ~ FILED ANO RE ST. (,U~~~ COUNT ~~tsry Public in ~nd for the State ~ Fb.~d..~ ~.o. ~ R E i: 0 P, ~ V~' q i r FL ' MY ~I~S~ry"~t"R~ti~lie ~ at ~ ' ~ 3_ ~ a~? T~: n H.sr F.d...~ s,rinps a toH, Assocur~«, 1~ Gosm+ss+o~ Expires ' ' S ~ Of Fwt Pierce. ~A~ ~O'W U' ~ ~ ~ Fwt Pierce. Florids d JUN 10 AM 36 ' . ~ ~ 16`784?~ This instrument prepared by 4'~• , o~ Tp~ S First Federal Sav. & Loan Assn. ~~ERK CtRCUIT COURT of fort P' ~e . - By ~ fl R ~ 1 ~ PM~E - - _ 800K ~ ~ ~ ' _ - _ ~.i ~ _ -