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HomeMy WebLinkAbout0794 To plac~ ~nd oontlnuously ke~p o~ tM buildinya rw~w a Mt~aNN sitvat~ on aW land ~nd on all ~quipmet ~r?d pKSOnally aov~d by tNt ewrq~ p~, with dl pr~miw~a ~ha~a+ paid in fui4 fin insurann in tFv uswl sa~dud policy fonn, ~n ~ twn ~pprowd by tM MORiGAGEF. u~d win~brorm ~ tnsw~na in tM usual a~nd+.d policy fa~n, tn ~ awn ~pprov~d by tM MORTW?GEE. in wch comp~ny a comp+ni~a a th~ MORTGA(3EE may dinctt and dl iin Md w'Mdstorm inswanc~ policiN on ~ny of saW buildinpa, any inh.at th~.~in or psrt tMr~of, in tM +p~~paN ~wn ~fa~said a in u~ass tlw~of. ~MII contain t1A'wwl stu~dard mortp+~ d+us~ a ~vch othN dav~ a tM M/atpa~ may nqvw~, makinp tl+~ los~ undN uid poli~ ciM, ~ach and ~v~ry. paYaW~ M saW MORTGAGEE as its intaest may ~ppyr. ~+~d tath and ~wry wch polity tMll b~ p~anptty ~s:9n~d and delivered ro ~ny MW by ~W MORTGAGEE a fwtMr s~wriry ro s~id mwty~ d~bt, and, not I~ss than t~n (10) day~ in adv~na of tM e:pd+tion of Nch policy, ro d? liwr ro said MORTGAGEE • ~a?~w~l tMrwf, top~tlwr wlrh a roaipt to? tM pn~?ivm of weh rMewal~ and rMr~ sMll b~ no fin w wiewhronn Uuwu+a plwd on any of ~aid b~lidinp~„ aiy intaat tMr~in or pan ~!?Kwf, w:l~ss in tM fw~n' and wi~h ~M loas pay~bN u afwaaid~ ~nd in ~M ~wnt any swn of morwy betom~a p+yaW~ vnd~r wch polky or policia wid MORTGAGEE ~hall Mw tM optlon ro r~oeiw and apply tM ~M on ~ooouol 01 tM ind~bted~ r~u sacvr~d iw~by or 1o pKmit Nid MORTGAGORS ro rea~iw ud uw H a~ny put tl+ereof for otF+er purposes, wi~hout the.eb~ w~ivin~ o~ impair- inp ~ny pvity, li~n a~ipht ~r or by vinw of Ma mortyyes and in th~ ~veet s~id MORTGAGORS sh~ll fa any r~ason fail M lu~p rM ~aid p.~mi~s so insw~d, a tail to d~liva promptly ~ny of uid polieia of iiuunne~ to said MORTGAGEE, w fail p?omptly M pay fi+lly uiy pneniwn th~r~fw a in an~ n~p~ct fail w pNfomn, dischu~, ex~cvt~. ~ff~ct. aomplNe. oomPhr with and ~b~d~ by tlw aov~nant, or any put hawf. s+id MORTGAGEE may plac~ ~nd pay for wd~ iinurano? or ~ny put t1+K~of withovt walvinp or ~ff~dinp any option, lien, puity, or ripht ue~dK ar by viNw of thts and tM full amovet of ~ach and ~wry such p~ym~nt slwll b~ imn~diatey dw and p~y~bb and ah+11 bw imK~t hom t!N dah therwf until paid a~ tM rat~ of nin~ pN ctmum p~r anrwm u+d toy~thar with wch inte?at th~ll b~ sstund by tM lia~of this ~ap~. 4. To pKmh, oanmtt ar wfia no w~st~, L~4ment w d~tKioration of said propNty o~ any put therwf. S. To pay sll ~r+d sinputar ths.cost~, charpes and expens~ includirg a?esson~bl~ ~norr~y's fN snd oosb of ~bsnacts of title. incvrred a paid at sny Hme by uid MORTGAGEE, b~caus~ w ln tM wee?t of IM failw~ on the put of tM s~ld MORTGAGOR w duly, prompty and fully p~rfan~, dwcha~ execvt~, ~ff~d. oomplet~, oomply with and abid~ by ~ad~ and every the stip~dations. yreemams, oonditiaa, and cown~ny of s~id promissory eat~ and this mort~ap~ ~ey a ~i~M~. and uid cosn. cMrpes and ~xperws, e~ch and wery. sh+ll b~ tirrn~diately ~e ~nd payabl~t whetMr a not tlwr~ b~ notioi d? mu~d„ ~thmpt to oollect or wit pMdirg; ~nd tM fvll anww~t of ~ach ~nd wKy wch payment ~hall bea. inte«st fran tFw dat~ tlK~eof umil p~W at th~ .ate of nins pe~ centum pe~ amwm; and all said odsts. chu~es and exp~nses inaxred a psid. IopetF~u with wch intapt, ~II b~ tecv~~d by tM Iwn of thit ~~+D~ 6. 1M1 ja) in tM ~wat of any breach of this Monpap~ or defa~h on Nr pa~ of tM MORTGAGOR, a(b) in tM want any of wid awn~ of mon~y henin refernd to be rat promptly snd f~lly p~id within tt?irly (30) days e»xt aher tl+~ :ame averally betan~ du~ uid p~yabla without d~rn~nd a notke, or in tM twnt each aod evary th~ stiput~tioru, agrNments, oonditiont aew! wv~nq of wid promiswry not~ ~nd this matyp~ any a ~7tMr ~n no1 ~uly, ptomptly and fully pe~form~d. disd+aryed, executed, ~ffected. completed, oompli~d with aed abided by~ 1FMf1 ~ N1A~/ OI My WCA NIlr11 ~IN NIiI ~ pre~ab sum mN+tan~d tn said promissory note then nrnaininp w+paid, witA inter~st accrwd, and all ma+eya secw~d her~by. sMll b~can~ dw and pay- abl~ forthwith, or ther~ahar, at tM optiw~ of said MORTGAGEE, p f~lly and compktely ~i if all of tM asid swns of moMy weh pipir?~Ily ar7pulaied to b~ paid on such dsy, anyfhirg in said promiuory noa w i~ this Mortpape to tlw conrrary notwithstandi~; ~nd thereupon w ther~after at th~ option of uid MORTGAGEE. withovt notin w ckmsnd, wi1 ~t la~v or i~ puity, thereforo or the?eafttr bepun, may be prosecuted q; if , all mon~y~ wcw~d hereby had matur~d prior to in iratitution. - 7. That in tM event th~t ~t tF~e beginnin~ of w at ~ny Yun~ pe~np aoy wit vpon this Mortyag~, or to fweclose it, w to reform it, w to enforq payment of ~ny daims lwrev~der, said MORTGAGEE shall apply ro the Garrt luvirg jurnd~ion thereof fw the appantmer?t of ~ Receiver, avch Cou~t shall fwtliwith ~ppoim s receive~ of s~id mortgaged prope?ty ~II and sinpvlar, indud~ng ~II and sirgul~r the ir?come, profib, iswes and revenues from whatawr souru dariv~d. each and ~very of whKh, it beinp ~xpressly undentood. w hereby mw~gaged u ii spcc~fic~lly set forth and dewibed in tht ~antinp ~+d habendwn davses hereof, u~d such Rec*iver shall Mve alt tM broad and effective f~nctioin and powers i~ anywise e~+tnateri ,~r a Co~rt w~ Receiver, and •uch ~ppointm~nt shall be made by wcA Court as an ~dmitted eqvity and a mstter of sbsolute rigM to aid MORTGAGEE, and wkhwt referenc~ ro the edeqv~cy w M?~deqvacy of the value of the prbperty mwtgaged w to the sonrency w~nwlvency of said MORTGAGOit or the defen2laen, and that such i ~enn, profits, incortie, issues and reverwes sM11 be spplied by such Receiver ~cc«dirg to th~ lien w equity of said MORTGAGEE and the practice of wch i Court. ~ 8. To duly, promptfy snd fully pe?fwm, d'ncha?g~, execute, effect, complete, oomply with and sbid~ by exfi ~nd svay tM stipulations, ~greemenb, ~ ~ condiYara u~d coven~nts in said promisswy noro and this mortgage set forth. t 3 9. ih~t i~ the event the ownership of the mwtgs~ed premises, a any part therrof, becanes vested in a penon other tlun the MORTGAGOR, th~ MORTGAGEE, i» successors and assigrn, may, without notice to the MORTGAOR, deal with such wccessor w successor in intaest with refert~ce to tha ~ mortgap~ u~d the debt 1?ereby secured in the same manner ~s with Mortysgp withow in a~y way vitiating a disth~rgirg the Mort9a9ors' liability hen- under w vpon the debt hereby secured- No ssle of tt~e premises hereby mortgsged and no fwbear~nce on tM parl of the MORiGAGEE u iri wccesson or auigm snd no extension of tl+e time for the payment of the aebt hereby secured 9iven by the MORTGAGEE w iti successors or auigns, shall opar~t~ ro releas~, d~sd~arpe, modify changs or affect tF~e aipinal Iiab~Gty of tF?e MORTGAGOR herein, ~ither i~ whole or in put. i r 10. It is specific~lly agreed thst time is of the essence of this contrsct snd th~t no waiver of any obligstion hereunder or of tM obliystion ss- < cured her~br shall at sny time thereaher be held to be a waiver of the terms hereof or of the instrumeot secured herby. ~ ry no e secur e y, maf ,ntt and agrees to pay with each mw~thly payment an addirional sum estimsted by mortgagee to be eqwl to 1/12.o cost of the follow- i~: A-All real propeAy taxes (evied a assessed agai~s dewibed r . B-Premiums on fire and windstorm i~surance as herein ca imp~ovemenb sitvate on the above described premites. C-Premi~ara on s4d~ mortgage ance as mortgsgce ~hatl from time to time r on tl~e lou~ secured hereby, Matgsgee ~me to time notify mortgagor in writing of the ~mount due and p~yabk he?ew+der and s thereupon be due and pa due dare of the next monthly paymem and each s~ccessive month thereafter until mortgagee shall notify rnortgaga o a 'n wcF~ e . . , r~~ce premiumf. _ i ! IN WITNESS yVHEREOf, t id MORTGAGOR as here~mo set his hand and seal the day and ye r fint aforasaid. ! Sipn~d, S~a and I in tM pressnoe . t C ~ . n , ~ ; f . ~n ~ ; ~ STATE Of FLORIDA ~ ~ courm oF St. I.ucie ~ . ~ ~ ~{~e ~ ~~~y~~y Joe Douglas Le~ris ~ Henrietta Lewis his wife, to me well known and known b ms to b~ ! the indivldwls desvibed ie ~nd who ~xewted the fors~oirg instrument, and acknowledged before me that they ex~wted the same fw the pwposes i ; rr,~.~M .~.e...d. ~„d ri,. „d Henrietta Lernis ~ wife ot th~ s+id JO~ Doul~las Le~?1S upp~ ~ sep~r~te ~nd priv~t~ exarriwt~on by rn~ hken ~epuate ~nd apart from her ' I~ab~~d, scknowledged b~od befwe rn~ that she sxecut~d s~id irotrument freely and vol~o- E rarity and wGthoul ~ryr compulsion, cwn~nint, appr w fex of or from her ~aid Fwsband. ~ 68 f WITNESS my hand and official stsl thi ~ day of 'j~e D. 19 ~ Not~ry Publ' ~n for the Sut~ of Florida at lar~ r ~ ' Retum Ta MY Commisiion e:pires: ~ 2 G- 7/ I ~irst Fd~nl S~vin9s a~~«~.t~, ~FILED ANO RECORD~r ~UBUC. iTATE OF FlOWOA AT LAR61 `t. Of Fort P~erce. ST. LUCIE COUNTY. AAMISSION E~(PIRES NOV. ~6, 1971 j Fort Pierce. Flwida t?•: f~(_•.(Z[' Z: r R~.-'i: ~ocu rNreouaM fs~o rr. o~est~~MOws ~ • - - - ,-///~~J _ _`~~~~'^^T . ~ ` ' ~ ; ' • : This instrument prepared b~ ,sg ~ ~ ~ ~ 36 ..~t~• ~,s ° first federal Sav. & Loan Assn. _ ~ . = t ,.L~f ~ ~ ~ v • - ~ . of fort ie ce ' . - . ~ - ~ . - ! ~ ~:U:~~r r ~t1R4S _ ~ . . CLERK CIRCUIT COURT . a~~~~ ~ ~ ~k - _ ~:.Y._~. : - _ _ _ _ .Y'- ~-Y' ~ _ - ~ `Ci~E '