HomeMy WebLinkAbout1516 J. To plau ~nd contu+uously keep on tM buildinqs now a haeahN ~ituat~ on s~id I~nd and a? sll equipm~nt ~nd p~rson+liy covK~d by tNt morp~
yt, with all premiwKS tMreon p~id in fu14 fir~ insuranc~ in the usu+l tt~rdud polity form, ~ ~ ~urr1 apptowd by tM MORTGAGEE, +nd windstorm
iniw~nce tn tM uswl sundard polky fart~, in a tum ~pproved by tM MORTGAGEE, in tvch comp~ny or compa~ie~ a t1+e MORTWIGEE m+y
dinctt aod all (i~~ and wiadatorm inwranc~ policies on any of s~id buildinpa, ~ny int~re~t thertin w p~rt thtreof, in tiN pqre~~f~ wm afOttsaid o~
in ~xau ther~of. shall cont~in tM uiwl s~a~dud mortqa~~e clavs~ a svd+ otiw~ da~s~ u tM Matp~pe~ may rpu'u~. m~kir+p tM los~ unda ssid pol4
cia, each a~d ~wry. p~YabM ro said N10RTGAGEE ~s its interest may appear. ~~d ~sch a+d .w~r •ud+ poiKr •Mti t» PrwrP~iy ass:yn~d ~~d delivK~d ~o
~ny Mld by s+id MORTGAGEE ~s fu.thK secvrity ro s+id mortpsQe deb~, and, not less tMn t~n (10) days in ~dvaoc~ of tM eapir~tion of Nch policy, ro dr
IivN to uid MORTGAGEE a r~newsl ther~of, ~op~t1+K with a rec~~pt fw the pranium of wch ree+ew+l; and thK~ sMll b~ oo fin w windstam inw~~nc~
plapd on ~ny of said b~ri~dinps. any intersat thK~in o~ pu~ tMnof. vnless in th~ form'~nd wish the loss p~v+bl~ as ~fwesaidr and io tM ~vent ~ny wm
of n?orny becorn~? paYabl~ v^da wch Policy °r pol'c'es s+'d 1NORTGAGEE shall Mw tFN optio~ ro receiw and apply the s~m~ on +ccount ol tM ind~bted~
nsu Ncvr~d hereby o~ to pKmit ssid MORTGAGORS ro reuive and ~M it p any part fhe~eof tor other purpose~, wilhoul thereb~ waivin~ p impai~-
in~ ~ny pv;ty, IiM p ~iqht unds? w by virtw of tha morty~e; u+d in tl+~ ~vent said MORTGAGORS ihall fp any resson fail to keep ~~+s s+id pr~rnises s~
insured. o? fail to d~liva promptlY any of aid policies of inwnnu ro s~id MORiGAGEE, or fail promptFy to p+y fully any prsmium therefw w in sny
resp~tt fail to pNfo[m, dsch+?yt. exetut~, ~fiM, compl~te, comply with and ~bid~ by this covenant, w any part Mreof, said MORTGAGEE may ptat~ and
pay fa wd? inwranc~ o? ~ny pa?t the~eof withw~ w~Ninp w:ifecttnp any option, lien. puity, a ripM unda or by virtw of this Mon~. ~nd tM .
full unount of each u+d ~w.y such p+Yment shall be imm~+liately dw u~d pay+bl~ and sh~tl bear iot~~eit from th~ dat~ thereof w?til paid M th~ raa of
n;n~ p~? c~ntuin pK anrwm ~nd toyether with sucA interest shsN be secwed by fh~ lie~ of this Mortp~.
4. To pe~mit, oomrtdt or wffer no wast~. Imp+irment a deterioration of said property w ~ny put tl~tof.
S. to pay all and stnpulu ths.cosn, cMryas and exp.~?ses. inclvdinp a reasonsble attomey's fs~ and oosri of abshacts of titl~. lnc~rred a p+id at
•ny tuns by s.+id MORTGAGEE, beaus? or i~ the went of tM failure on the pan of tF~ ssid 1NORTGAGOR to duh?, promp~~Y +nd f~lly pKfwm, d~xharqa
execut~. ~ffect. complet~. comply with and abide by ~ach ar~d every the aY~pulations, agreements. conditiaa. and ooveeanb oi said promisso.y rat~ ~~d ~hu
matg~p~ ~ny or eitMr. ~nd sa~d costs, d»ryes ~nd expernti, ssch ~nd every, sh~ll b~ immedi~tely dw and pay+ble: whether or not tMr~ b~ notice da
msnd, ~ttempt to colkct w wit p~ndirg: snd tM full amovnt of each ~nd wery wch p~yment sh+ll bear interest from the dat~ tFiereof un~il p~id ~t the
rate of r?iee per centwe: per uuwm: and all said cbsts. charges and eapenses incwred or paid, topether with such interat. sh+ll be a~cured by th~ lien of tha
mort~spe.
6. That (a) in the event of any brc+ch of this Mwtgaps w defauU on tlr pa~t of the MORTGAGOR, o? (b) in the ~w+~t a~y of sa~d svms of morKy
herein r~fsrred to be not promptly and fully paid with~n thirty (30) days next sfta tl+e sam~ severally become due ~nd paY+bl~, .eithout dem~nd or notice.
or in th~ ~wnt each ~nd every tl+e stipulstioos, agraemenn, conditions and toven+nb of sa~d promissory note ~nd th~s matpape any a sither ar~ not
~uly, promptly and fully perfamed. d~schsrqed, executed. effected. compteted, compt~ed with snd abided by. then in ~itht~ or ~ny svch ~wnt tFw ssid ag~
pres+h wm trKntanad in said {xomiuwy note thtn remainirg unpaid, with interest ~tuued. end all moneyt setvred hereby. shall betonK dw ~nd pay-
able fathwith, a tl+e?eafter, ~t the option of said MORTGAGEE, u f~lly and completely as if all of the wid wmi of money wero aipin~lly stipulated
to be paid on such day, anything in said promiuory ~ote w in tl+is Mortgage to the contrary notwithstanding; aod therei?pon w thereaiter at the option of
ssid MORTGAGEE, without notice w demand, suit at laar w in eqviy, therefore or thereafter begv+i, may be prosecuted ai if ~II mq~xys secvr~d hereby
had matured ~wt to its institution.
7. That in the went that at the beginning of or at ~ny time pendirg ~oy suit upo~ this Matgage, w ro fo.eclose if, a to reform it, or to enfwce
payment of any claims hereunder, said MORTGAGEE shall spply ro the Court hsving jurisd~ction thereof fw the appantmeM of a Reteiver, tuch Co~rt shall
iwtliwith appoint a receiver of said mortgsged property al) and singvlar, includ~ng sll and singula~ the irKOme, protits, iuues ~nd revenues from whatever
source derived, exh and every of which, it beinp expressly ~ndcrstood, is hereby mortga9ed as if spec;fically ut iwth and described in the yranting aod
hsbeodum clauses hereof, and such Reuiver shall I+~ve alt tl+e broad and effective f~nce~o~s and powers in anywlse entruited by a Court to a Receiver, snd
~uch appointment sMll tx msde by suth Court as an sdmitted equity and a rrytter of absolute right to said MORTGAGEE, and without reference to the
adequ~ty or in~dequacy of the vstue of the prbperty mortgsged or ro tlx sowency or insolvency of said MORTGAGOR a the defendants, and ihat such
re~rs, profits, income, iu~es and revenues shsll be +pplied by svch Receiver accordin9-to the lien or puiry of s~id MORT6ACsEE and tae practice of sucA
Court.
8. To duly, promptly and fully perfwm, dxharge, execute, effect, compkte, comply with ~nd +bide by each and every the stipulations, ay~eaments,
conditiont and covenants ~n s~id promiuory note and this mortgage set fath. _
9. Th~t in tFw evem the awne.ship of the mortgaged premises, a any psn ihereof, becomes vested i~ a person other than the MORTGAGOR, the
MORTGAGEE, in successors snd aui9ns, may, rrithout notice to Ihe MORTGAOR, desl with such wccessor or successor i~ inte~eat with re(erencc fo fhis
mortga~e ~nd the debf hercby secured in the same manner as with Mortgsgw without in any way vitiatiny w dischsrgirg the Mortgagors' lisbility here.
under w upon the debt hereby secured. No ssle of the premius he~eby mwtg+ged and no fwbearence on the pan of the MORTGAGEE a its successors
or suig~ and no eatension of the time fw the paymem of the acbt hereby secured given by the MORTGAGEE or in sucoessors w assigro, shall operate
to release, discharg~, modify change w affect the wiginal liibility of the MORTGAGOR he~e~n, either in whole w in pa?t.
10. It h spec~fically agreed that time is of the cssence of this contract and tMt no w+iver of any oblgation hereunder or of tF~e obligatwn se-
a,red hereby sh~ll at any time thereaha be held fo be s waiver of the terms hereof w of the instroment secured herby.
in additan to the forego:ng monthly payments of princ:pDl and interest required by the promiuory ~ote setured hereby, mortgagor cov
and agrees to mortgsgee with each manthly payment an addirional sum estimsted by mortgagee to be equal to 1/)2 of the annual follow-
ing:
A-All real proprrty taxes kvied or as inst the above described resl estate. ~
B-Premiums on fire and windstwm inwrance as F~e?ein requ~r on t ri sifu~te on the above described premises. :
C-Premiums on such mottgsge gwranty insurar~ce as mortg om time to time ' o tarry on the loan secured hereby. ~
Mwtgagee shall from time to time notify mor n writirg of the amount due and payable hereunder an w?s~~
ereupo~n be due end ~
! payable on the due date of the paymem and each soccesiive mo~th thereafter ~rtil mwtgsgee shall notify rnortgagor of aZha~ m such
i amov~t. apptied by mwtgsgee toward the payment of real property taxes, inwrance prtm:ums, a~ mortgage guaraMy insur
ums.
j IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and yea? fint afwssaid.
~ Sgmd, Sea deliverad'in t!N presence of: .
~ ~~~g~nn~et~~g~a~~~ias, a~~ .n
~ ~
~ )Witness s as to sign - ~ ` n
~ ~ ~tures o~ Jaaes M. an~
~ Margaret B. Dingwall .
STATE OF FLORIDA n W #
covNn oF St. Lacie ~ - - m , . ,-N-~~ ~
Robert Grahaa Din al~ 7D ` r~r'~ `
defon rrw person~fty appeared ~ y , ~nd
Annie ~ingwall ~ -
his wife, to meG~1Z ~~k b b~
rhe irwJividwb descr~bd in +nd who ~xecuted the foreQoirg instMni@ aad_ 9 ~ before me that thsy n~ -
D~
rheroN+ ~xprtsfed. Md the u'
w.r. ,h. ,.~a Robezt Grahau Din all _.r ` ~~.i:
ex~minatio~ br m~ ta4en ~tp~rate ~nd apart from he~ s~~d husband, adcnowled~ed ro and befwt me that she ex~a+ i~f~ =oltrn~
~ ~ ~ i7
~ r,r~ly and w~thout sryr compubion, consna~nt, ~pprehens~ a feu of w irom her s~id husband.
WITNESS my h~nd and official ~eal th~: n~~~ d~y of `1~Q ' ~ 8
~ ~
,s ~ ~ r
' STATE OP~ Nj Notary P K in and fw the Staf~ of idt~'~1
~ COUNTY OF < ~ Mr Commiuion sxpires: /Slyr~~,l~L~,~T~C~AOft~i it ~i~!
~ 6~n :
~ e.fo.. n+. p«.on.uy .pp....a Jasts M. Din9wall 1~1 W~auss+o0 ,~E~pir~ ~9• _ ;
~ ~ Msr9aret B• ~t19R~11 his wife, to rn~ well known ~nd known eo mt to b~
~ M~
~ tM indrfdw~t d~cri~d• i! ,
fnd-.who ~x~cuted the fwe9oinp instrw+wnt, ~nd acknow!edped beiw~ me tMt tF+~y ~:ecuted th~ tame iw tht pwposes
~ t~«~ Margazet B. Dingwall
~ ~ • • ~ Jaaes M Din al1
wil~ ol ~ • ~ vpon • sep~r~te ~nd prir~?~
~ ex~nwMtbR erw4lcen ~¢arat~ w~d aput from her s~~d Ausb~nd, ~tkrawf~dped ro~nd befae me thaf iM ~xecur~d ~id ina~rvmem fre~ly snd vol~rr
~ t~rily ~nd w~t Zy ~m~ls~on; ~bnsua~nt. ~pprehe++s~on, a fw oi a from h~r ~sid husband.
MqT~1ESS myOl~an1 ~ j offi~ial~l thi~ d~y of A D. 19~_
~ ,G, n • .
~ - ' , ~ .
~ F NOtary V if~ M~d ( tah Of F{Otid~ N l~ryf
~ ~ ~ ,
~R~~ `~y This instrument prQpared by ^ "`y "`A""~ ~•~3•.1
w„ i,d...~ s.,;;~,~~;~ io;,, ~.~«;,~p„ First Federal Sav. ~ Ccan As~n. A;E~ f:~~'f~c '
~ a Fa.r ?».o.- of Fo~t Pi , N~..~, ~ : ~,.~A i
~
~
y Car,,:::...:..r: :.;~.;es ~ ;
.».u. Fb.~~ 0 p ' N
~ W. 6001(1~ f~tE l ~
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