HomeMy WebLinkAbout1458 To plaa +ad eontirwously kNp on th~ buildie~ ~aw a Mre~ha ~itvate on said laed +ed a+ all equipeewnt a~+d pK~onally eowr~d by tNs narp~
p~, with all pnmiureu ~Mrwe~ P~~d 'u? full, fin insuwna in th~ u~uai st~nd~rd poliey tam, ~n a twn ~pprowd by tM MORiGAGEE, and wiedsto?en
Inw~aoa in th~ v~wl ~?and+rd pol~cy fam, tn a svm ~pprowd by tM MORTGAGEE. in wch :omp~nY a comP+n~a +i t1r MORTGA(iEE ~*+r
d'+nctt and all fin at~d windswtm insuru~t~ politi~s on a~y of sad b~rildinps, anlr int~nst tlwr~G? w WA tM~wf, in tA~ ~pqrpar~ wn? ~fotetald o~
te ~:au tlwwf. ~h+ll oontaln tM uswl standad mortype~ clwa a s~+ch otF+N cisvii a tM Maty+~ee en+Y nqvin. nWkkg tM loss w~dK aid po1F
ci~s. ~ach and ~verY. WY+bb w s~W MORTGAGEE ~s its interss~ may ~ppNr. a~d tach u+d ~wry ~uch policy ~MII b~ p?anptly su:qrwd a+d deliv~d ro
any Mid by s+id MORTGAGEE as fwtha t~curity ro said matp+p~ debb +~d. not Nss ~h+^ t~e? (10) days In +dv+oa of tlw ~xpiration of ~aeA poiiey, ro d~
liw? to s~id 1NORTGAGEE + n~wval tl?awf, top~tMr with • ~ecapt ior tM p~anium of wch ~en~wali and tiwr~ sh+ll b~ no fk~ o~ wiMhtam inwrana
pl~pd on any of said buildinps, any intenat ther~~n a pat thK~of, unt~as ie th~ tone'and wi~h tM lou p~rabi~ u afw~~+id~ a+d in th~ s+~nt any wm
of mawy becan~~ p+Yabb v~cl~r wch Policy a Po1k'~s wid MORTGAGEE shall haw th~ option ro hcsiw arKi ~pply tM sam~ on auount o1 tM ind~bt~d
n~ss s~cvnd ha~by w b p~rmit s~id MORTGAGORS ro?ao~iv~ u~d us~ it a ~ny pa~t thereof to~ other purposes. without thaeb~ waivi~y w imp~ir
~~0 +^Y ~4~+~b. lia~ a ripht uncMr w by vktw of thb mo?tpsqes Md in tM ~wnt s~id MORTGAGORS sh+ll fa aMr r~ason f~il to IeKp the s+id premises w
insur~d. w fall b d~liwr promptly any of s~id po~itiss of intunnu M s~io :;'JR?GAGEE, a 1si1 promptly fo paY fvlly any prtmium ther~for o~ in sny
nspc~ fail b pKfo~en, disch+rg~. ~:ecvt~ ~ffM, aomPbt~. complY with snd +bid~ bY this cove~+nt, or any p~n Mreof, ssid MORTGAGEE m+y plac~ +nd
p~y (or sueh Inawane~ or ~ny put tMnof without w~hrinp or ~ff~etinp s~+y optfa?, li~n, puity, or ripht ue~d~ a by vihw of ~his Mortpap~, u~d tM
full ammunt of Nch ~nd ~wry svch Wym~n~ sh+ll b~ imnedi~t~ly dw +ed p~yabN and sl»II beu i~»rest from tM dah thenof until paid a~ th~ ~aq ol
nin~ pM oMtwn pa ~mum +nd togetha with wch inter~at th~ll bs s~cursd by th~ li~n of thh map~.
I. to pKmit, aomrdt or wff~r no wut~, impaume~t or d~tertoration of s~id propKty or any put thenof.
S. To p~y ~II ~nd sinpular tM•cwts, clWrpes and exp~nses, includinp + re+sa+~ble +ttorney's fes snd o~ts of aMn+cts of title. &+airrsd w paM ~t
~ny tirn~ by s+id MORTGAGEE, baca~s~ or in th~ ~vtnt of ths fail~ro on tM pHt of th~ s~id N10RTGAGOR to duly, pranptly ~~+d fvlly psrfwm, d~schug~
~xecvb. ~ffec4 eomPk~~. ca+iP~Y with and ~b'~ by e+d~ and every tM ~tlpulations, spreemems. ca+ditioos. ~nd oov~nants of said promis:ory oot~ and thls
morty+p~ +nY or eirlwr. u~d said cosn. durOt+ ~nd expeates, each aed tvery. shall b~ tmmsdiately dw and psy~ble: whether a eot M~er~ b~ notici d?
mand, ~thmpt to aolkcl a wit ~~din~s +ed tM fvll ~t of esch ~nd we~Y wd~ PaYm~nt sMll bear intetest from tM dat~ thtreof until p~kl ~t the
rate of nine per centurin per annum; and all saW obsts, thu9es ud ~xW~+st+ i~+t~und or p~id, topetMr with wch ieterat. ~MII be a~cur~d by tM IiN+ of thu
m«q+D~• ~
6, Th~t in tM ~vent of any brsach of this Morty+pe w d~fwlt on th~ part of the MORTGAGOR, w(b) in tM ~w~t ~eY of s+id wms of nwney
h~?~in nfKnd to b~ not promptly and fu1Fy paid within thirty (30) days next sfte~ tM same severatly bacane due ~nd parablt withov~ d~en~nd o~ notice,
or (c~ in th~ ~vMt each ~nd every the stipulatio~s agre+mee?b, cond~~wns +nd coven+nn of u~d promisswy no~e snd this matp+p~ ~ny a ~ithsr an not
iuly, p.o~~y ~d f~iy P..to.m.di. d~~y~d. executed, ~ffected, canpkted. complied wirh and ~bided by. tMn in eithsr w any such ~wnt tM said ag
prq,~t~ wm mN+tior»d in s~id promissory eote then rsmaininp unpaid, with intersst ~tvued, and sll mon~ys secured hertby, shd) betwne dw ~nd p~y~
able forthwith, or ti+Keaher, at th~ option of said MORTGAGEE, ~s fully snd completely ~s if all of the ~ssid sums of mon~y ver~~ aipin~lly stipvlated
to be paid on such d~y, anylhirg in said promissory note or in tha Mortp~ge ro the contruy notwithsandinp; and thereupon w thenaha ~t tM option of
•aid INORTGAGEE, wirFaut notic~ w dem~nd, wit at lawr w in p~ity, therefore or thereafter begun, maY be prosec~ted as if all moneys secur~d hareby
had matured prior to in institution.
7. That in tFr went that at the beyinninp of or at any time pendinp soy wit upon this Morly~s, or to foreclwe it. w to rofam it, or to e~forp
payment of a~y dsims he?eunder, said MORTGAGEE shall apply to the Cou?t haviny jur~sdiciwn thereof for the ~ppo~ntmant of a Receiver, wch Couit sMll
FwtFiwith sppoint a rece'ner of said mort9aged properry sII a~d sinyvlar, includmg all ~nd singulsr ths income, profits. iss~es +nd revenues from wMhva
sourc~ d~rived, each and every of wli~ch, it beir?p ezpreuly ~nderstood, is hereby mo.tgsged as if specifically set forth snd desuibed ln ths ~~antirg and
habendum tlawes hereof, and such Reuiver shall have all the broad and effective fvnctian s~d powen in anywise entrwted by a Co~it to a Receiver, and
~uch appointmem ~all be made by wch Court as an sdmitted eqvity and a rn~tter of absolute rght ro s~id MORTGAGEE, ~~d without reference ro th~
adequacy w in+deqwcy of the wlw of the prbperty mo~tg+9ed or to the sowency or insolvency of said MORTGAGOR a the defendant~, snd that such
renn, profin, incane, iuues aod revenues sl+atl b~ applied by such Recciver sccordinp to the lien u equity of s~id MORTGAGEE and the pradios of s~ch
Court.
& To duly, promptly and fully perform, dixharye, e:ecute, effect, complete, oomply with and abide by each and every the stipulatio~s. ayreemenri,
condiYans and cwensnn in said promiuory note and this mort9sp~ set fath.
9. Thst in the event the ow~+aship of tl~e mortg+ped premises, or +nY pa?t thereof, becomes vested i~ ~ penon other thsn the MORTCaAGOR, ths
MORTGAGEE, i~s suaeiw~s and assi~ns, m+Y, wifhout ratic~ to the MORTGAOR, deal with such svaeuor w successor in intcresf witA reference to thia
rtwrty~ and the debt hereby sec~red in the same ms~ner as with Mwtgspor without in any way viti~ting w dixharging the Mwtgagors' liability hera
u~der or ~po~ the debt he?eby secured. No sale of fhe premises hereby morlysged +nd no forbearsnce on the psrt of the MORTGAGEE a in successors ~
or ~uigro and no eztension of the time fw the psyment of the debt hereby secv~ed given by the MORTGAGEE or ib wxesson or auiyas, shall oper~t~
ro releas~, distharqt, modify chsnpe or affect the aigin+l liabiliry of t1x MORTGAGOR herein, either in whob or in psrT.
10. It is specificslly agreed that time is of the cssence of this contract. ~nd that ra waiver of any obligation hereunder or of ths obliy~tion sa
a;nd her~by shall ~t any Yune theresher be I+eld ro be ~ waiver of rhe tenru hereof or of the instrument secured herby.
-TT.'Tn~dd:t ~n
to the fwego:ng monthly paymenri of princ:pDl and intcrest required by the promiuory oote secured F?ereby, mortgsgor cov t
and agrees fo pay ro r~ ee with e+ch momhly payment an addirional sum estimaled by mortgsgce to be eqwl to 1/12 of the annual c x follow-
iny: ,
A-All real property taxes kvied or asses ' t the above described real estate.
B-Premiums on fire and windstorm inwrante as herein requ. carried on the ' ri sitwte on ~ he sbove desuibed premises.
C-Premiums on such morlgage gwnny insu~~nce as mortgsgee sh+l ~me ~ fit to tsrry on the loan secured hereby-
Mortysgee shsll from time to time r+otify mat of the amount due snd payabk nd such wm shall thereupon be due and
payable on ths due date of ~he next yment and' each successive mo~th thereaNer until mortgapee shall ~ f a cMrye i~ such
~ amw?n1, S~xh wms shs11 by mo~tgagee toward the payrnent of real property taxes, inwrsnce prem:ums,- and mortgage guaran
~ IN WITNESS WHEREOF, the said MORTGAGOR h~s hereuntv set his hand and seal the day and year fint sforasaid. •
~ Sipn~, ~nd ed ln tM preu~xe of:
[ _ , ~
~ ~
~
n
STATE OF flORIOA ~
St. Lucie
courm oF
~f„! P,,,a„~~~ Conaae Mason
MYrt~S Ma30!! his wife, to me well known and known to me to b~
tM ir~dir•idwb dewib~d in ~nd wFa ~xecuted tM foreyoiny inslnimem, +nd +cknowledyed befwe ms that they executed th~ sam~ for tM pwpose~
~a,,,~ ~ ~ ,,;d Myrtis Mason
w~r. th. ..d Conage Mason uPo„ ..ep...r~ .nd a~~,h i
~ e:unin~tion br me taken s~para~~ and spa~t from he~ said husk»nd, ~dcnowled~ed b and befo~t rn~ that sM axecut~d said irutrvment freely ~nd volwr
ru~ly and withoul aipr canpulsion, constraint, ~pprehensqp...a f~ar of w from hn wid Iwaband.
~ WITNESS mr h~rK! and official st~l this n~(~r ri( d~y of ~ A. D. 1968
Nor•ry P K in ~+d for the Sba of fbrida ~r Larp~
FI~EO AND RECORDED i
My ~ssion eappra: ~sc~ G~ ~ Q ~ ( ~
Rttwn'Ta ST, IUCIE COUNTY. FLa. _
Fkst F~derd Savinps ~ losn Aaociation f; 1 tt l~ ~
f t' R! r 1~ j) ~ ~
~ O~ fwt Pierce. :~.;:tty ~.~Wi(. SUtI' Of HOf1~d VtQ!
168~4 . : ~ 6. ~9n ~
~ FGt Pierce. FlMida : , r• ~~i fi
i~ii.T.^iti.l`JC1 E~ff 9• ,
Z ~ ica~N h A~+~ Fr~ a Caw~f 41
'6 Jtl~ _
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This instrumerrt ~ ' • ~ ' .
F~st Federal Sav. ~ ~ CLERKGC~R~#~~.,C~~~,~'
M.Fo~t rce , `r~'• . - ~
p,~ . ~ .
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. ; sooK~72 ~1452-
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