Loading...
HomeMy WebLinkAbout0860 , t• ; . ~ , . To plaa and contirw~wnly kNp on tM b~i11~In~ IqW p h~rNNN ~itWt~ Of1 f~id I~Ifd iM~ On ~II pulpfn~flf ind pMOfN'ly cov~nd by N~t~ +natp~ p~, w(th dl pnn?iwis tMna~ paid in ivlb fir~ lnavr~nc~ ln tlr u~w! atard~rd polky foreA, ~n ~ ~wn ~pprowd by tM MORTGAGEE. and wt~tam inwx~na M t!w uwa) st~nda.d pol~cy iorm~. In • wm ~pprowd by rM MORTGAGEE; in ~uch comp~ey a oompaniN a tM MORTCAt3EE nwy di.~ctt +ed ~11 fk~ and wind~fwm Gquranp poikiN on ~ny O~ Nb b{lildin0{, My T11Nfyf iFNM1f1 Of pNt tI1N~0I, In tM pprpaq w~n ~foraaW a In ucaa IMnef. ~MII conu~n tb wva! uanded ma~qpN ciws~ a wd~ oti?K d~u~ a tl?~ MatQp~ m~Y ?eq~u~. nuktnp th~ loas u~ uid po14 tiM. Nch ad ~wry. WYabl~ b s~W MORTGAGEE q in intKat nN1l ~PPMr. a~d fath and twry wtA polky sl+~ll b~ Pr~P~h? utiqn~d N+d dNhrN~d to •ny Mld by ~+id MORiGI?GFE a fwtM~ Hcv.ity ro satd mort~ d~bt, ~nd. not 1~ tl»n tM (10) day~ in ~dvu?c~ of tM ~xpb~Non of Mch polky. w dr I~w. ro wid MORTGI?GEE • n~wal tMr~of. wp~thw with ~ na~pt for tM prNntum of wch n?Mw~lj and ~Mn sMll b~ no fin a windsrorm tnw.ana pl~pd on ~ny of uW butldtnpa, ~ny inru~st tlw~in or psrt tl,K~of, unl~u 1n t?r iwm'~nd with tM bu pryabb a~fohsNd~ u+d in tF~ ~wnt ~ny w~n of mon~y bKan~p payabN w,Klu weh polky a poliei~s uid MORIWIGEE ahall h~w tM option w npiw uid ~pply iM saen~ oa aooounl 01 tM it~bt~ nas acw~d Mnby a w p~.mit ~id MORTGAGORS a naiw aod va h a ~ny p~rt th~rwf tw other pu•pasra, wiiAout rh~.~b~ wai~inp o. impain tnp any pvity. INe or ?ipht w~dr~ a by vlrtw of this mortpyr) u~d in tM ~veM Nid MORTGAGORS 1M11 fa ~ny n~~on f~il to kKp tM said pnmias w irovnd, a f~il to d~ltva promptly ~ny of Nid policiq of iiuunno~ to wid N1pRTCsAGEE, a f~il promptly to pay iully ~ny prNniwn tMr~fo~ or 1n aey rnp~ct fail b pKforn~, dhchar~ ~xtcvb, ~if~d, oompl~t~, c~omply Mrith and ~bid~ by this townant, a~ny puf Mrwf, s~W MORTGAGEE may pl~p ~nd p+y fa wd~ imw~a w ~ny pWt tl,~sc~` withow w~lvinp w ~ff~ct(n0 any option, Ii~n„ pu;ty. a r'ght undK or by virtw of thi~ Matpp~. ~nd tM fu11 ~rraunt of Nch a+d ~w.y wd+ p~ym.nt sh+ll b~ inwn~llatNy dw ~nd p~y~W~ ~nd ~I»II b~ar inrast from rM dat~ tMr~of vntU paid M rh~ qq oi n;rw pq pnwen pa ~nnvrn and wp~tMr with wcA innrat ihall b~ ucvnd by ttN li~n of this monpape, 4. To P~nit. aaemN a wffa ra wast~ MepairmeM o~ detKia~tion of aid prop~rt~r or a?y pw1 tMrwf. S. To pay all and stnpular tM•coah. ch~rpw aed ~xp~ns~~. indudiny a na~a?abl~ ~ttomi~s fN and aab of abstracts of titl~, incun~d o~ paW at any tim~ by uid MpRTG/1GEE, b~nus~ ar in th~ ~wnt of th~ failun on tM paM of tM aW MORTGAGOR a duly, promptly and fa!h,~ pNfonn, dischar9~ ~x~cvt~, ~ffeet. eompl~t~, oomply with and ~bid~ by ~ad~ +nd ~v~ry tFw stipulatwns, apr~sm~n~s„ oo~elNio~, aed oowaann of wid promiswry aot~ u?d tht~ marp+p~ +oY w~itlw~. and wid cat+. dw?py ~nd ~xpMws. ~ach and ~wry. shall M k~wn~d~~t~ly dw and pay~bi~t wMtl»r or na tMn b~ notki d? Y mand. ~tMmpt to cdbcr or wR pred'npt and th~ !v!1 arriow?t of s~ch and swry wch p~ynnnt aMll b~+r intK~st from tiw dat~ ~:.srwf until p~id at tM rste of nin~ p~t pntum pK ~nnun?1 and ~II said obsy, tharpes ~nd ~xp~. inqrrnd w paid, ~op~tMr with wth int~r~st, sAall b~ a~cw~d by th~ lien of tha R+orfpa~w d TMt in tM ~wnt oi ~ny br~ach of tMs 11Aort~ap~ or d~favh on th~ pa?f of tM MORTGAGOR, a(b) In th~ ~wat any of wid awnt of n,cn~y henin nfMr~d ro b~ not prompt~y u~d fuly paid within thirty (~0) d+ri rKx~ aha tM sarrK aver~lly b~ca+~ dw u+d payabk. without d~mand or notke, or (d tn th~ wwlt ~ach and ~wry th~ stip~lafi«a. pr~an~?q. conditions and cown~nn ot satd promissory nor~ and t!w matps~ any a kthN an na ivly, ptanptly and fuily p~rfonn~, d3xharped, ~x~tut~d, ~ffict~d. compl~ted. compli~d with ~ed ab~drd by, thN? in ~itl~ w~ny such ~wnt ~In said aP pre~t~ wm mention~d In ~aid promiasay nob thee remaininp u~P+id, with inttrat a~wwd, and ~II ma?~ys acvnd MnbY. sMll !vcom~ dut and WY~ abt~ forthwitly or tMrea(tK. ~t ~M optan of said MORTGACsFE, as fvlly ~nd tnmpbuly as if dl of the wid sums of nwo~y v,r~rs apinNly stipul~ted ~o b~ p~id on sveh day, snylhinp in s~id p~omistwy e~ot~ w in th4 Mort~pe to tM tontr~ry notwithst~ndie~p; ~nd t •aid MORTGAGEE, without notic~ o~ demand, wh at law w in puity, tMr~fon a thK~aher ~~~0^ « there~ftK ~t tM option of had matw*d pr'ar ro its institution: b~yvn, may b~ prowcuted a ii all nqneri a~cv~~d hv.by 7. iMt in tM ~wnt tMt ~t tM beginnirg of or at ~ny timt pMeGrg spy wit ~pon this Mortp~, or to foraetos~ h, or to nfonn if, w fo eefwp paYm~r?t of u~y d~ims herevoder. said MpRTGACsEE shall apply to tM Court h~vinp jwisdrction th*reof fw tM appantrn~t of ~ Receiver. wd~ Couit sMii farF;M~;4 ~ppo;n! a nuiwr of uid mortp~ed prop~ty al) aod iugulu, includmp all and singular'tM inaanK. profits, iss~ ~nd r~wnws from whatw~r wura d~riwd. ~ach and ~very of whKh, it beinp ~xpreuly vndKUOOd, a hereby mortpaged a if specffially set futh ~nd d~sc?ibeo in tM 9rantirq and hab~ndwn daus~s ha~oi. and sucA Recaivw shall have atl tM broad and elfenive funcr~ons and pow~n k? ~nywisa entnnted by a Cov.t to a R~ceiwr. ~nd such ~ppointm~nt thall be msd~ by w~h Cowt u an ~dmitted eqviry and ~ matter of absolute ri~ht ro aid 1MORTGAGEE, Md without r~ferenc~ to tM ~dequ~ty a k?~d~qvaey of tM val~ of the prop~rry mortpay~d or fo tM savtncy w insotwncy of s•kl MORTGaGOR or ~ht dtfendants, ~nd that urch rems, profiq, krcom~. issua and revenws sh~ll b~ appl'~ad by tuch Reaiver ~coadinp to tM lien or puity of said MORTGAGEE ~nd ths pactics of sucA Court. 8. To duly. pranptly aod fuly p~rform, dadurp~, exacut~, effact. complet~, compfy with ~nd ~bide by e~ch ~nd ~wry tM stipulations, ~reemeon, conditiom and cove~,.era ~n ,aid promis~a.y nw. .nd this morr~sp~ ser fweh. • , 9. Th~t in th~ went the ownership of tM ~qr~y~y~d p~emi~. a any paH thereof, becomea wsted in • penon other th~n th~ MORTCsAG(iR, th~ • MORTGAGEE, its ~ucc~sw.s and assip% m~y, wi~how ~otics to th~ MpRTGAOR, dtal with such waeswr or suocessor ;n ;ntereat with reference to this mortyps ud tM debl 1~sby s~cwed in tF» same rna++?~er u with 1Ybnpapor withoot in any w~y vitiaYug a d~scMrp'u~g ths Monpsyon' INbiliry Fwn- urxler w upon tM debt Mcreby secur~d. No s~le of th~ premiu~ hereby mort9a9ed and no fwbear~nce on tFw part of tM MORTGAGEE or in successon or auiqr?s and ra ~at~nsion of the time for ths p~yment of tM debt hsrcby secured 9iven by tha MOR?GAGEE w ib sucoessors or assipru, ahall opaat~ ro relea~e distM~, modify charp~ or affect th~ oripinal IisbiHry of the MORTGAGOR Mrein, titha~ in who{e a in put. 10. It h spacific~lly apreed tMt time h of tM essence of this contract aad that no w+iver of any obti~~tion hereunikr ur of th~ oblipa~ion tr j CLfRd if~fl~ fFMII ~1 My Tlrt~! t~IMNf1K b! IIlId ~O DQ a W~IVlf Of tlfR 1N~11f hereof w of the instrument aacured Mrby. 11. In add~tion to the forego:ng monthly p~ymcnts of princ'p~l ~nd interesr ~equired by ths prom7ssory nore aecured hereby. mwt9agor tovsnanri and ~raes to pay to mortgagee with e~ci~ monthlY paYment an ~ddirional wm estimsted by mortgsgee to be equal to 1/12 of the annwl cost of the follow- i ng: A-All real prop~rty taxes levied w asieued agai~t the above dewibed real estste. d-Premiums on Fire and windstorm inswance aa httein ~eqv:red fo be ur?ied on the improvemenri iAUate on ti~e above desaibed preniwes, C-Premiu~m on s4ch mortgage gwranty insurance as matgsgee shall ~rom time to tcme deam fit to urcy o~ the bsn secured hereby. Mwtp~ee ahall from time ro time notify mortgagor in writirg of 1M amount dus and payable hareu~der and tuch wm sh~ll therwpon be d~re snd pay~bl~ on tl+s due date of the ne:t monthlY paymtnt and each suecessive month thereaher vntil mwt~apee ahall not;fy mortgagor of a chanpe in such amount. Such sums ahall ba applied by mort9ayee toward the psyment of real property t~xes, inwrance prem:~ms. ~nd mortyape 9wranty inwrance premiWns. 1 WITNF.S! WHER the qid MORTGAGpR hss herevntp set }~a ~ynd u~d sesl the day snd ysu fint iforas~id. ewd, 5 ~b d a de re M pr~sence of: ~ a ~ n n STATE OF FLORIDA ` St. Lucie ~ , i courm of e.fa~ p..,o.~.~iy ,~...~a Rodaers Arthur L. ? ~'181f E1 odg9ll'8 h~s w~e, to me vrell knawn and known to ms to b~ rhe irw~vdwb dewib~d in ~nd who ~xecuted tMe fors~oinp instrumem, and acknowkdped before me that tlwy exewted th~ ssrt» fw ths p~+rposes ?r,~.eu, .~,..,..a. Ma ,t,. ,,;a Amelia RodAers ~ , w~re ~ ~,...w Arthur L. RodRers ' ex~minaYan by ms taken se . iipa~ • ~eP+?~t~ ~nd W1vaM psratt and ~part from her ~id husband. ~tknowledped to and befm~ ms thst she ~xacvt~d ssid Instrvm~nt fr and volurr tarily atd wifhouf ~rqr tOmpylsjp~, Cortstrainf, a PAr~ fear of a from ha wid Iwsbaid. . WITNESS my h~~d and official ~al t1+K ..,i1~~~, ~p ~ ~ # . x~~~~r~q-~.SG- '~i L'......~:.~%~'. Notary Public in Md for th~ St y- ~ = ' % RehKn ta ~ MY Comenasan sapires: . First F~de~al Savinps tosn Ilssociation ~ ' V ~ ~ ' ~ ' •t F~~~O aND RECORO~ A. . ; Of Fort P~erce. ! COUNTY. ~p _ Fwt Pierce, Florida ST• I••v C E r:. 1= I~ MY O MI~ SIaNT E~P R6S ~ ~,1 r~ ~ ; ~ _ • : • i6`7891 ~ND[~ 1M110YYN /~1CO O~f~ ^~T ~ i ~ i . J J. - ~ • • 10. y~ ~0_1~-11. ;srr;:~,:~.•~ _ '68 JUN f I AM • , ~ ~ This instrument prepared by _~~~'.El'~% ~ ' Frst Federal Sav. & loan Assn. ~ of Fort Pierce FOiTR:.s B~ S. W. Col? i ns CLERK CIRCUIT COUR7 . ~....~r. r BOOK 1( 2 PacE $58 ~ ~ rb ~r! ~ , - - , . : ~a.~.. . . z - , , . - = z~