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HomeMy WebLinkAbout1084 To ptau and we~tt~wovily kHp on th~ buiidirgs now a MrNha situa» on said I~nd ~nd on ~II equipr~nt ~nd pN~onslly covN~d b~? this e+orq~ p~, with ~II pr~mlunw thKwn p~id in full, fin iesuru+u in th~ uswl ~u~dud potiey fonn. ~ ~un? approwd bY ~~TMt~MORTGAGEf E m~y teuw~e~n in tht uswl ~tandard policy tam. in • awn +pprowd by tM MORTGAGEE. in weh eomp~ny or eanM^i~+ d'v~ct~ ~nd dl fk~ aod w~torm inswa+n poticies on a+y of ~id bHlWi~s, N1y (ffMtNt tMt~il1 O~ pi~f tAKMI, in th~ pqrp~t~ w~n ~fonsaid a In ucaas d+a«f. ah~ll cont~In ?h~ wu+l ~tandud matg+p~ d~us~ or suth o~h~? d~us~ a th~ MatpspN m~Y ?puw~. maAino th~ loa voda s~id po1F cia. ~ach ~nd ~ve?Y. WY+bi~ b s~id MORTGAGEE u ib interest may appNr. u+d t+ch and ~wry ~uch policy ihall M pranpth as:~ned u+d d~liver+d to ~ny MW by said MORTGAGEE ~s fwthK ~ewity to s~kl mort~y~ el~bt, snd. no~ I~ss tMn t~n l10) day~ in adv~nu of tM ~xpir~tion of ~aeh pol'~ey. ro d? livK ro uW MORTGAGEE • nn~wal tMrwf, top~tM? with a nuipt fa tM pnmiwn oi ~utA r~w~l~ snd thtn sh~ll be no fi~~ a wind~tan~ teawu+a plapd an sny of s~id buildinp~. ~ny inhnst tiw~~in a p~n tl?Kwf, unbss in th~ i~aen' ~d with tM bss p+Y+bb u ~tons+idt +~d i~+ tM ~wnt aey win of mon~y becoma p+Yabl~ wd~r wd~ potiey a polici~s s+id MORTGAGEE sh+ll h~w iM option w nc~iw a~d appiy tM swn~ a+ +caount o~ tM ind~bt~ rKa s~cw~d Mnby a to pKrn:! ~aid MORTGAGORS ro nuiw u+d w~ tt a~ny pa.t tMreof for othe: ourpoks, w~~hout thaeb~ waivi~?p o~ unp+in i^0 +~l~ ~~b. ~I~n a ripht und~r o. by virtw d this morty+~i ~nd in tlw ~v~nt aid MORTGAGORS sh+ll fw ~ny n~sa+ f~ii M ks~p tM ~aid pnmisa w insur~d, a hil b d~livK pranptiy My of aid polici~s of insunno~ to ~+W MORTGAGEE, o. faU p.omprly ro pay fvtly .ny pr.r~~wn ih.r•fa o. in ~~1I n~pact fail lo p~*fom~, dischup~. eu~cvt~. ~fhct. oon~pl~t~. comply with a~d ~bid~ by thls covN++nt, w any p~n hK~of. said MORTGAGEE m+y pl~ ~nd P+Y fa sueh insw~ o~ ~r p+rt tMreof without walvinp or afF~ctieKl a~Y aW~a4 li~n. pvib. or ~iph1 w+dw a by vi~tw Q~ this Mat9ap~. and th~ fvll ~n?ount of ~ad~ and wuY ~ P+Y~+~+?t ~I++11 b~ Nnrn~di~»ly dw ~nd payaW~ and shall b~u Mte~st from tM date thKeof uotil p~id M th~ ~an oi nin~ p~r t~ntwn pN amum and toyHhtr with wtA intere~t shall b~ s~tw~d by th~ IiN; of thk lnort~ap~. 1. To pwmit, aommit a wffa no w~st~, ianpaim~ent a d~taia~tion of said propKty ar +~Y ~aA tMrwf. S. To pay ail and s4~pular tM tosri, chupas aad ~xPa+~a+. includ'u~p • nasonabb anomty's fN and aosts of aMn~cn of title, i~cvn~d w paid at ~ ~ny time by s~id MORTGAGEE, b~caust-~orin tM ~wnt of the f~ilvn on tM p~~t of tl+~ ~id JMORTGAGOR to du1y. promPt~ll +~+d ~~N DKforn~, d~sch+roR j exeevh. ~ff~ef. aomP~~~~. ~^P~Y wirh and ~pul~ by ~~eh and ~vsry tM uipvla~io~a. +~~~n~s. ea+ditiaa. and ooweNOb of s+~d praniuory ~ah and thw : mo~r~+y~ +^Y or si?ha. and ~aid costs. chu~ ~nd ~xpe~w~, exh and w~ry. sh+ll be imm~diat~ly dw ~nd pay~bles whethn o~ eol tMn b~ notici dr' mand, attempt to cdlM or wH pMdinpt +nd tM h+ll amow?t of ~ach ~nd ewry wch paY+nant ~hall bs~. iroerost from fh~ d~te tMreof until p~id ~t the ~ rate oi nin~ pn ce~twn pK annum: and ~II ssid obs», cMryea ~nd ~xpMSes incwnd or paid, top~tMr wiM wch im~nsb ahall b~ a~tw~d by tM IiM of thii f ~+OR i d. TMt W in tM ~wnt of aey bnach of this JMortyap~ o? d~f~vlt on th~ put of ths MORTGAGOR, w tb) in tM ~wM a?y of s+td swm of moMp i her~k~ nf~rnd ro b~ oot prompny u~d fvlly paid within thirty (30) days nex~ .Na fM sam~ aver+lly bacome dw ~nd payabb. withoW danaod w notic~. s or (cJ in th~ ~wM ~+ch u~d ~wry th~ stipvlationf. sp+~eme^ts. oonditaro ai+d oowr++nb of said proR.:ssay aWt ~nd tlw morq+p~ ~ny a ~itl+K ~n no1 ; iuN, promptly and fully p~.form~d, disch~rped, ~xecut~d, ~ffected, complet~d, complied with and ~bided by, tMn in eitl~ or ~ny :~ch weM tM a+id ag i pre~t~ wm m~ntion~d in ssid promiswry oob tMe remaininp vnpaid, with int~rtst ~cwwd, and all moneys s~tund hst~by. sMll becom~ dw aod pay~ ~bb forthwitA, or tMr~sRer, at t~e option of said MORTGAGEE, ss fvlly ~~+d completelY ~s ii ~11 of tM said wms of ma~ay were orpin~lly stipulated to b~ puid on such daY. +^Y~hinp in s+id Wa^isswY note or in tha Morty~ye fo tM contrary notwithst~~dinp: ~nd therwpon w thsnafter ~t tM option of said MORTGAGEE, without notict w d~m~nd, wit at law or in p~rity, therefwe a thereafter beyvn, may be prwea+ted as if all morNy~ s~cvr~d I~eby had matW~d pr'qr to ift iMtiwtion. : 7. Th~t in tM went tMt ~t 1M bepinninp of or at any tim~ pendinp ~qy wit ~pon this Morty+pe, w to foreclou it, or to rofwm it, a to enfwc~ p~yma+t of sny cl~ims hereunde?. said MORTGAGEE sh~ll apply to the CouN haviny jurisdiction thersof fw tM ~ppantmMt~of a Receiver. wd~ Covit ahall ~ FortFiwitA sppoint • rsceiver of uid mwtya9sd property all and sinpulu. iaclud~ng all and sir?pula? tM i~, proiits, istws and revenws Erom wh~twer ! sourq dKived. ~ach and ~very of wli~ch, h baeg ~xpressly unde*itood, is hsreby mwtgaged ~s if apciiic~ly wt forth and d~aaibed in th~ pr+ntinp s~d ~ habend~Nn clauses Mnof, and wch Receiv~r sh~ll have all the bosd and effectiva functions and powers in anywise entrusted by s Court to a Rece'rver, and j such appointment shall be mad~ by such Cou?t as an ~dmitted equity snd a mattn of ~bsoluh right to said MORTGAGEE, and without roirrencs 1o the t ~dpuacy w in+d~q~acp of tM vslue of the preperty mo?ty+~ed w to the soh~ncy w insolvency oi s~id MORTGAGOR a the defend:nn, and that such + rents, profiri, incan~, issves uid ttvenws sh+ll be spplitd by svth Receiver ~ctordinp to th~ lan or pvity of said MORTGAGEE and the prattite of suth i CouA. ~ 8. To duly, promptly and fuly perform, duchsrye, exacute, effect, complete, coe~ply with and abidt by tsth ~nd ~very tFr stipulations, ~yrs~mer?b, co~ditiona and covensnts in said promasory not~ and this mwtyage set fwih. ~ ~ 9. That in the ewnt the oNmership of tM mortgaped premises, or any part thereof, becanes vetted in • penon oth~r than the N10RTGAGOR, th~ Ant7iiTGAGEE, it~ wcuswn and ass~yra, msy, withwit notice fo the N10RTGAOR, deal with such succeisor or wccessor in intere:t with refe~ence to this mortpape u~d the debt Mreby secvred in the sams msnner u with Mortg~gw without in ~ny wsy vitiatlnp a distMrginp the Matyagors' liability hert under or vpon the debt her~by setured. No sale of fhe premises hereby mort~aged u?d oo forbear~nce on the pan of the MORTGAGEE o~ in successon w auigro and no extension of the time fw ~he payme~t of the aebt hsreby secvred yiven by the MORTGAGEE or in sucussors or us~pns. shall operat~ ~o nleas~, discFwrye, modify chang~ or affett tM original liability of the MORTGAGOR herein, eitF~er io whok or in put. 10. It is spec~ficslly ayreed that time is of tM euence of this contract snd that no wirver of ~ny oblig~tion herew~der or of the oblip~tion sa a,red hereby sFNll at any time there+her be held to be ~ waiver of the terms hereof or of the instwrt~ent secured he?by. ~ , nts and ayrees to p~ ee with esch mcnthly payment an sddi~ional sum estimsted by mortyagee to be eqwl to 1/12 ~u cost of the fol{ow- ing: A-All real property taxes kvied a asseued aga~ e desaibed r . B-Premiums on fire and windstorm insur~nce ss hcrein r he improvemenn sitvate on the above described premi~es. C-Premivms on iuch mortgage uar ance as mortgsyee shsll from time to time csrry on the Iw~ setured hereby. Morl~pet sMl time notify mortgagw in writiny of the amount due snd payable herevnder an haU thereupon be due a~d payab ue date of the next monthty payment and each successive month the~eafter ~ntil mortgapee shall notify mortyapor in such ance QrNni~wfls. ~ N WITNESS WHEREOF, the ssid MORT AGOR hss hereunto set his h~nd u~d seal the day u+d year fint aforasaid. i liw~d in tht ~ ~ ~ •n , ~ ~ STATE OF fLORIDA t } ss. Jr . courm oF ' St. I.uoe ~ ~f~~ ~~~i~y I nez Johnson, a widow, and H~bert Johnsor~; a single a~ t, Iw~wifs, w rrN vwll known .nd known w mt ro b~ t the kd'iridwli d~saib~d in a~d who ~xecwed tM fare9oinp instr~rtwnt, ard acknowtedped b~fon me that tl~ ix~cuted the ssme for the pwpw~s s ?M..~ .xa...d. ,~,++r..a iriey w+r. ~r+++. s+nd :vo~+=.:ra.+•.~.a-,p~i..~. ~aao~inrti0s b1M ma Lkr ~parat~ a~ar1-froww.lw~ ~~r~1~dl~'» ~wd~bei~w-~M-IM? ~Fw ~~eeevNi-~i~ NnfesnMnt frwi~~~ ~vh~ ~ril~r-w~ wrAAev1~ a~n~p~rbloR'tonlmA~T,1pp?~ Or'Ir~1 ~f D~1l~If'IAr'Aid 110lQ+111d wrtNESS mr h.~d .nd offic;a~ rhia_ d+r of June , w. o. 1v 68 ~ ~ a. ~ Notary PubtK in ~nd fa tM St.r~ of Florid~ at lWpt Raw~ Ta FILEO ANO RECORDED My CO~^'u1O^ "P"~ 2b-7~ First F.d..d s.~+nps a ~oan w.,«ut~«+ gT,} "~TY. FLA. j Oi Fo?t P.erc~. 1~~ YOTAwY r11EL11?~' =jATE Oi RORI~A AT LAR~E ; Fort P~erce, ilw~d~ MY COMMISSION [XPIRES NOV. Z6, 1971 ~uco rhw~uwN ~w~D r. O~Siit?N01~! '68 17 : Sq ~ ~ \ ~t ~ ia;~ , .s -:f:.~ • ~c . . ; , ~ - This instrument prep~red ~ ~L`~~c C~R~U1? COUR7 ,~P Frst Eederal Sav. & to~r~ ~kafl: ~ : c~ o ~ ~ ; ; . , € of Fo~t P~a+~ ~ _ ~ ~ ~ - J. D. Chastain 0 R • ~ . Q.~ ~ _ aooK ~72 ~ 10~ ~ , : ~ ~ • ti..~ ~ . ck n - 6 _ _ _ _ _ _ = Q e~; - 3 4~'-~`'~ ~a~ -