HomeMy WebLinkAbout1303 To pl~p and oaNi~wov~ly tu~p on 1M buiWi~pt now or MrNha ~ihiN~ on said I~nd u~d on ~11 puipm~nf a~d p~no~~lly cov~~d by thl~ morq~
a~, rrth s#1 pr=sn.4~t tl:sreor+ p++d in fv11, fi?~ inswanu in ~h~ utwl itandard policy fam, r+ ~ swin app+owd by tM MORTGAGEE. ~nd wlnd~tonn ,
imwana M th~ wwl ~undud polky fonn, in a~um approwd by tM MORTGIIGEE; in wch camp~ny w oompanies th~ MORIGAGEE may +
dinct~ and dl fin u~d windNorm inwrana potkies on a~y ot said buildiop~„ ~ryr inhnst tFw~in ar pat thsrwf, in ~M ~ppreq+~~ ~w~+ af«h+id w
exaa the.epf. ~~1 cow~•sn N~. u.wl u~ndad mortp+vN daw~ a wd~ ot1~ claus~ p tM MatppN may nquin. enakinp ~M loss u~ ~+id po16
ctM, ~+d~ and ~wry. WYabl~ a said MORTG/?GEE as in int~r~st may ~ppNr. uid ~ach uid ~vsry iuch poi~cy sMll M panpty as~:yned and dtlivend to
~ny MW by s~id MORTG/1GEE u fwtha ua?rity w s~id monpap~ d~bt, snd. not les~ ~h~e tM (10) days in ~dv+nce of tM ~xpiration of ~ach polky. b dM
livw ro s+id MORTGAGEE a ~~w+l th~nof. to~tMr with a na~pt fa tM pnmiwn oi avd+ r~w~l~ a~+d tMn sh+ll M oo f'a~ w windstam inswu~a
pl~ad on ~nr of aid buildieps. ~ny intaat tMr~ie or part ~Mrwf, vnl~u tn tM torn?'~ad with tM lou p~y+bl~ as afwtiaidt u~d in ths ~veat aey w~n
of moewy becaws paY+bl~ ~+^de~ wch PakY « P~~s ~+'d NWRTGAGEE sh+ll h~w tM option to reeeiw ~nd ~pplr tM ~am~ on acoowN o1 th~ ind~btsd~
rNts s~cvnd I~u~br p q pKmit s+id MORTGAGORS lo noeiw ~nd u~ h w aey pa?t thereof ior othe~ purposes. wiMaut Ihereb/ w~ivin9 or impsir•
inp ~nr pvity. li~n or ripht w+de~ or by vinw of Mis morryp~r +nd h tM ~veet s~id MORTGAGORS shall fw ~ny r~ason faii to ke~p tM said pnmiies w
iniw~l, or f~il b d~liwr prompty any of s~W po1'Kies of iatw:nea to s+id MORTGACsEE. or fail promPtly to p~y fully any premivm tM«fw a in arryr
f~tl b pNfoceK, dischupe. f%fM~• ~ff~, eomplet~. oomply wid? and +btd~ by this covenant. a u+y p~rt hKwf, ssid MORTGAGEE m+y pl~cs ~nd
pan
~ wd? insvr~no? ar ~ny p+rt tMreof without w~Ninp a ~ff~ctLp ao1? aM~ W~h?. w~ipM vnd~r or by virtw of tbis Mat9ap~. and t!w ~
full amount of Neh and wKY wch WyeeKM sh+li b~ inrmdiately du~ and piyaW~ and stss!! bear inreres! fran tM daN tha~of until p~id M tF?~ rat~ o!
nin~ p~r crntwn pa annum and togetF~ wiM svcA i~+taat shall be s~cw~d by tM IiM of this o+ore~+~. i
1. ~o ~nnit, oa~rt~it a wff~r ~o wut~. Mipa'um~+~t w detKiowtion of said property or any pi?t theroof.
S. To pay all and sinpular th~.costs, cM?p~a sed ~xpN+s~s, incl~dug + n+wr?+bl~ attan~y's fee and coin of ~bsn~cts of titl~, incwred a patd at
ar?y tim~ by ~aid MORTGAGEE, b~uus~ a tn tM ewnt of fM failun on tM put of tM s~id MORTGAGOR to dvly. promptly a~d f~lly p~rform, dischuy~,
~xecvq. ~ffect. compl~a, aomply with ud ~bid~ bY ~+ch and every the stipulatio~s, spreements, conditiora, ~nd oow~+nn of said promiswry no~. and ~hi~
n+o?ty+p~ +nY a N~he?. ~nd ssid cosh. char~a ~nd expenses, Nch and ~vary, sh+ll M immadiately dw ~nd p~yable: whether a not tMr~ be not~oi ds
rrund, ~n~mp~ to coI1M a wit p~n~ny: and th~ ivll art~ow~t of ~ad~ and rwry wch paymeM ahall beu interest fran tM dat~ tMr~of until paW ~t tM
?ate of nin~ p~r eentuen per uaw~; ~nd all said a~us, chupes ar._1 expenas inoWred or paid, topNhtr with a~ch int~rst, ah+ll b~ a~tured by tM li~n of thb
mor~p+p~. ~
e, Th~t W ln th~ eva~t of ~ny bnach of Mds 1Nort~s~ or def~ult on the pa?t of the MORTGAC,OR, or (b) in the went am? of ssid s~x~ of money
herein nfur~d to be nor prw~pny snd firly paid wi~hin thirty ~30I days next ~Ne? tl+e iame severally become due and p~yabl~. withart dem+nd a notiu.
or W in the ~vMt ead~ and wKy the sKputations. ~greenxnn, conditans and covan~nn of said promisso?y not~ and fhis morty+pe aoy or eithK art iw1
iuly, pranpty and fu11Y performad, d~scha?ped. ~xecuted. effected, compkted, complied with and ~bided by, tMn in eithK w~ny such ~vent tF?e said p~
pres,~b wm mantiorNd 1n said promisiory ~+ote ths~ remain'ag vnpaid, wirh interest acuued snd all ma+eys secvred hereby. shall becom~ dw a~d pay~
a~:e fonhwitly w theresha. at the option of said MORTGAGEE, as fully ~nd completely as if all of ths taid sums of money we~~ aiginally stipulated
to be paid on such dsy. snythinp in said promissory note or in thb NlortysQe to the contrary notwithstandirg; ~nd thereupon or thereaher at tM option of
Nid MORTGAGEE, withow notict w demand, wit at lawr or in equity, therefw~ or thereafter bepun, may be proaecuted u if ~II mo~eys s~a~~d hereby
had matvred prior to its institution.
7, TMt in ths event tMt at the beginnirg of a at sny tune peeding soy s~it upon this .Llortgage, or to faeclose it, or to refonn it, a to enfwp
payment of ~ny daims he~e~nder, ~sid MuRTGACsEE shaU ~pply to the Couh hsving jur~sdid~on thereof (a the apposntment of ~ Recciver, such Couit sMll
FortFiwith ~ppoint a rece'rver of said mortgaged property all and singulu, inclvd~ng all and singutar tM inoome. profin, issves a~d revenues from whatw~r
wurp derived, ~ach and ~very of wFi~ch, if being expressty vndentood, is hereby mortgaged ~s if specific+lly set fwth and described in the ~ra~tinp ~nd
hsba+dwn dav~s hsreof, snd svch Receiver sMll Mve all the bo+d a~d effecrive funct~ons ud povvers in ~nywise entrusted by ~ CouN to a Receiver. and
~uch sppoietment shall be msde by wch Cowt ai an admitted equity and a matter of absotuts right ro taid NWRTGAGEE, snd withovt referer~ce to tFr
adeq~acy or in~dequ+cy of tl+e wlw of the property mortg~yed or to the w?vency a insolveeKy of ssid MORTGAGOR w rhe defendann, ~nd Ihat such
renn, profits, income, issues ar+d revenues ~11 bs spplied by wcF+ Receiver xcwdiny to tM lien w equiry of said MORTGAGEE and the practic~ of such
Court.
8. To duly. promptly and fully perfwrw d'ocharge, execute. effect. complete, comply with ~nd ~bide by each and every ths stipulations, apreements,
cond'nioro ~nd coven+nts in ~sid promiuory note and this mort9sge ut fath.
9. That in tM ~vent tAe ownership of the mortg+ged p~emises, or any p~rt thereof, becoma vested in • penon other than the JNORTGAGOR, ths ~
MORTGAGEE, iri succeuws snd sssigns, may, without notice to the MORTGAOR, deal with such :uccessor w successw in interest with refcrence to this
' mort9aQe and the deot f+ereby secured in the same manner as with Mortgaga without in any way vitiatinp w disthsrging the Mwtpsgors' lisbility htrs-
under w vpon the debt hereby secured. No sale of the premises hereby mortgsged and no fabesra~ce on the p~rt of tl?e MORTGAGEE or its successon
or ~uig~ a~d no e:tension of the time fw ti+e payment of the aebt hereby secured givcn by the MORiGAGEE or its successors or assigns, ~hall operate
ro rele~se, diuMr~e, modify chsnge or affect the o?iginal IisbiGty of tix MORTGAGOR herein, eithsr in whok or in put.
10. h is spec~fically agreed that time is of the esxnce of this contrsct and tMt rw wsiver of any obligation hereurwkr or of the obl'gation ~r
a.red hereby shall at sny time thereafter be held to be a w~iver of the terms hereof a of the instrumem secu.ed herby.
11. In addition to the forego:n9 monthly psyments of princ'pDl and interest ~equired by the promiuory no~e secured hereby, mortgagor covensnb
and agrees to pay to mortgagee with each monthly payment an addirional sum cstimated by mortgagee to be eqval to 1/12 of the annual cost of the follow-
i
~ . > >
A-All resl property taxes kvitd w sssessed against the above described real estate. ~
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the sbove described premises.
C-Premi~ms on such'mortgage gvaranty inwrance as mortgagee'shs~l irom tims lo time deem fit to c~rry on the_ban setured -hereby. -
Mortgagee shall from time to time notify mwtgagor ~n writing of the amount due aed payable hereuncler and tuch sum shall therevpw~ be due and
i payable on the due date of the next monthly payment and each successive month thereafter un~il mortgsgee shsll notify mortgagor of s change in such
amount. Such sums shall 6e applied by mortgayee toward the payment of real property tsxes, insvrance prem:ums, aind mortgage g~aranty insurance
f Rremiums.
; IN WITNESS EOF, ihe s+~d GAC~OR has here~nto set his hand and ual the day snd yesr first afwesaid. ~ F
deliRrreJ in t of: . t
•n
n ;
/ -
~ ~-•n
i
STATE OF FIORIDA !
COUNTY OF $t • 1.11C1@ ~ ~
eeforo me psnonaly apptsred ~~ld HiggiAbothd~
Doris Higginbothaai h;, w;r~, to me well known end known to me to bs
tM tnd'nidwb dewibed in and who ~aecuted the f~wr~ ~q~~ ~ ledged before me that they exacuted the ssme fw tM pwposes ~
therein i~0l1SM 11199~.ADO~dIt
~xpreas~d. Md tM uid !
wite of tl+~ ~aid Arnold Hiy~inbothaa ~pon • sep~rate ~nd priv~t~ }
exsmin~tion br me tsken separate and apart from her said husband, sckrwwledged b befws me that she executed said imtrument frsely and volun~
r~rily and witho~?t upr compvlian, cautraint, appreheosion, or fe of or from Mer s~ Iwsb~nd. ,
WITNESS my Mnd ~ed official seal thi ~ day of /1. p. 19_~_
~
~ Nota Public in nd fw t $tate f ~da ~t lu
ry ~l-L~~~' ~
R~twe{ Ta. My Commiss~on expires: ~
Firat fed~rd Ssvirgs 8 losn /lssociatao ' • •
~ P;««. FILEO AND RECOROED~
~ P~~, F~~a ST. LUCIE COUNTY. FLa0TA~11 M~UC, =TATE ~ RORlOA AT W~E
RECORfI VFR1~~F~ ~W~ N01?. Z6, 19~1
. . ~O+~~O ~
E~E~ Mi. O~ssis~MOwf•
~~V~ ~;~~..~~~~u<<;-
This instrument prepared by
First Federa~ sav. & Loan Assn. '68 JUN 2y IW I I O - ='',`r , -
F rce , - -t- h b ~ r " .
~ . ~ - 1
~ f{O~CR P4ITRAS , _
-
Ct.ERK CIi~CU1T COUR7 .r. ~ ~ ~ =
~
f
f~JB(..,~ •
- :
BOOK 1~~ PAGE1299 ~ ~
r: y'` , : .
. ':~,~;~y
f , - ~ 1,. Z`
i +ti
_ _ _ .
. ~ ~ , _
~ t:,>w~ '
lM
:
~4=.