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HomeMy WebLinkAbout1562 To plaa and ooatinuoush IcNP a+ tM buildinps iww a Mr~ahN s~~wa on a~d Iand aed oa a11 equta~.m u~d p.non.uy cow..d by Nda nwnp~ p~„ with ~II praniunA tl+erw~ p~id in fvll, fin insuranc~ in th~ ~swl iundard polky fam, tn a~um approwd by tM MORTGAGEE, ~nd wiewl~~m Uavrance in tM uw+l ~tu?d+.d policy fain, G? ~ sum ~pprowd by th~ MORTGAGEE; .n wch canpanY w cor^P+eia a th~ MORTGAGEE mar d'w~ctt and ~II fG~ u,d w'u~arm inswanp policies on ~ny of said bvildinpa, any IM~~ tMrein a pa.t therwf, in tM ap~rpN~ twn afasaid o~ In ~xc~ss thK~of, ~h+ll cant~in tM vw+l sundkd mortya~ clwst or ~ud+ othK dws~ a tM Mort9ap~ m+y rpvir~. makinp th~ tos~ undM s+id pdF ~::s :s:!? sad a~~ry. PaYSbI~ ro ia~d MORIGAGEE as ~n im.rar may •pp~a~. ~ed esch and twry tuch polkl? slull b~ p.omptly ~ss:~ned s~+d detiv~r~d ~o ~ny MW by ~aid MORTG/?GEE ~s fvrrha secwity ro s+id mortpaye d~W. ar~d. not I~ss thw+ Nn l1~ days (n ~dvu~c~ of th~ ~xpiration of ach pol'rcy. to d~- IivK ro said MORTGAGEE a ~enewal tM~~of, top~thw with a roe~ipt for th~ pnmiwn of weh rsrKwalj u~d tMr~ aMtl b~ no fin a windstam ieuw~ne~ pl~pd on any oi iaid buitdn~. ~ny intanst tMr~ie a pKt tMr~of, unl~ss in ttr fo?m'and with tM bs~ payabl~ as afw~saidJ ~nd in tM ~vMt any swe ~f ~p~y ~C,on,~s p~Y+W~ u~wler such pelicy ar policin said MORTGAGEE sMll Mw tM optian w ~~oeiw ~nd ~pply the sae~ on ~caouM o~ tM tr~btad~ rnss ~cvr~d Mnby p w pe~met s~id MORTGAGORS ro reaiw u~d u~ it a any put thereof fw other purposes, without tha~eb~ waivinp a impair- Inp ~nY pv;ty. li~n ar ~iqht wde~ w by virtw of thb mortpap~s +~d in tM ~wnt s~id MORTGIIGOR~S th+ll fa ~ny r~ason fail ro ke~p tM s+id pr~enises so fe?swed, w fsll b d~livK promptlY u~y of said poliei~s of insunew to s~id MORTGAGEE, a f~il promp-lly'~o paY fu11y +Mr pr~mi~m tl+w~for a in ~ny nspa~ fait to patocn~, d~schuy~. ~x~cvf~, dfsct. wmPl~r~. complY wirh and ~bid~ by thb covin+nf, w ~ny p+n Mr~of, said NkORTGA~stt rtwy pi~ ..~i par fa wch fraw.nc~ or +np W~t tM.eof wiMout wdvinp a aff~ctinp ~ny option, IiM, puity. w?ipht undN w by virtw of thFi Mort~. and tM full ~eno~?nt of ~adi and ewry s~ch P+Ym~nt sh+ll b~ immd~t~ly dw ~nd py~bb and ahall b~a? intK~st from tM dab therwf un~il p~id ~ th~ ~aq oi n;rn pK t~nlum p~r ~nnum and royether with wcA inta~st sh~ll br secu~~d by th~ li~n of this l+wrts+p+. To pwn+it, aonwnit ar wffN no wast~, M+pakment w detKiontion of said p?operty w any put th~nof. 5. To pay dl ~nd ilrpular tM ~ooats, d~uya and ~xpNw~, includinp s~e+son+bl~ ~ttor.~y's fe~ ane! ^-^~n oi absnacts of titl~. kxvned w p~id af sny tim~ by said MORTGAGEE, b~caw~ w in the ~wnt of th~ fail~n on ths put of tl+~ aid MORTGAGOR w duly, p~ompttp ~nd fully perform, d~xhar~~ exscvr~, ~ffw, camplet~, oomply with and ~bid~ by tich and every the sti~wtatioea, s~rea~enn, co~ditioro. and oownanb of said promis~uy ope~ u~d tha ^~9+D~ +^Y a eithsr. ~nd uid costs, charq~s and ~xp~rnes, sach u+d ~very, shsll b~ immediat~ly dw snd pay~bl~: whetM+ a not tMr~ be notici dr m~nd, ~tMn,pt ro ooll~ct w wh p~nd'ugf snd tM fvll amount of ~ach and s+r~ry such p+yment th~l1 be~. interast fran the date tl+ereof vntil p~id at the rate of nine per centum pK uw~um; and ~II s+id obsts, cMrpes and expenses inwrred or p+id. topNM? with wch int~nat. ~hall b~ a~tured by th~ li~n of thi~ b, Tlwt j~) ~ the ~wnt of any bnach of this AAorty~ or defsult on Nr pwt of tM MORTGAGOR, w(b) in th~ ~vent any of pid svms of nwn~y ~ h~r~in refK~~d ro be not promptly and ivlly p~id within thirty (30) d+ys neaf after the same sever~lly become due +nd pay+bl~. without demand w eotice. or in th~ ewnt esch and wery tFw stipulatioro, syr~sments, conditian and ooven~nn of sa~d promissory not~ a~d tFwa mortp+pe any or either ~n no1 iuly. promptly and fully pafo~mad. d~uharped, execurd, ~ffected, completed, complied with ~nd abided by, then in ~ither w~ny wch ~wnt tM uid ap~ prq,~N swn mentia»d in aid promasory oot~ then ~~mainirg unpaid, with iMerest acuued, and all moneys sKwed hereby, shall b~toew dw and pay~ •bl~ forthwith, a tMr~+her. at the oprion of aid MORTGAGEE, ss fully ~nd completely as if all of the saW svms of rnoney wer~ wipin~lly stipulated i to be paid o~ wd~ dsY. anythinp in said p~omissory note w in this Mortyage ro the contwry notwithstandiny; snd the~wpon w thereaher at tM option of said 1MORTGAGEE, without notiu or demand, suil at la~r a in ~quity, therefore or thereaher beg~n, a++y be prosec~ted as if all rtan~ys s~cvred M!~!+y t Md 1n~ftM~d plqr fo iu itutitution. , _ - ~ 7, TM1 in tM went that at tM beginniny of or ~t snr time pendirg soy wit vpon this Mortyage, w w fweclose it, .p to refwm it, o~ to e~fora ~ wymaet of any daam herew~der, said 1NORTGAGEE shall ~pply to the Court havinp jurisd~cYwn thereof for the ~ppantment of • Rsceiver, wch Coun sh~ll fortliwith ~ppoint a noeiver of said mwtpaged property al) u~d sirgutar. intlud~ng ~II and singutsr the incD~ne, profiti. luues +nd revenues from what~ver wwu d~rived, exh and ~very of whKh, it beinp ~xpressty underi~ood, is hereby morrgaged as if specifically set fath ~rd dewibed in the 9r~nriny snd Mba+dwn daus~s Mreof, and such Receiver shall have +11 the brwd and effective fur+a~ons and powen in aoywis~ entnated by s Court ro• Receiver, snd such sppointment sMll be made by wch Court as an ~dmined eqviry and a matter of absolute riyht to s~id MORTGAGEE, and witho~t reference to ths ~dpvacy a ieadequacy of tM v~lue of the properry mortgaped or to the wnrency w insolvency of said MORTGAGOR or the defe~dann, and that such renn, ~xofin, incane, iuues a~d revenues shall bs ~pptied by such Recciver accwdinp to ths lien or eqviry of said MORTGAGEE and the practiu of sucA ~ Cowt. ' ~ s. To duly, pranptly and fully perform, discharpe, execut~, effect, complete, comply with snd sbid~ by each and every tM stipvlaY~o~u ~yrcemenb, cond'Aiorp aiw covenanb in ssid promissory note and this mongag~ set fwth. 9. That in th~ event the ow~+ership of the mortgayed premises, or any part thereof, becomes vested. G~ • penon other tMo the MORTGAGOR, tM MORTGAGEE, in succes~ws .nd •uiyns, may, withoul notite to the MORTGAOR, deal wieh such successor:o.`iixcessor in inte~esf wi~h reference ro ~his mort9ape and the debt hertby secured in the same manner as with Matgagw withoW in a~y way vitiatin~ w'discMrging the l~rtgsgors' liability htre• u~der or ~pon the debt hereby secwed. No ssle of the prem~ses hereby mortgsged and no fwbearance on the pact'of the MORTGAGEE a its successon w usiyro and no exte~sia~ of the time fw the payrrKm of the debt hereby secured given by the MORTGAGEE a in successors a assip% .hall operat~ 1o release, discfiu~. modify thange or affect the wiginal liabiliry of the MORiGAGOR herein, tither in whok a in ps?t. ' 10. It h specifically ayreed tMt time is of the essence of this tontrsct and th~t no w~iva of ~ny obligaian h~reunder a of the oblgation se- a:red I»reby sh~ll at ~ny time the?eaher be held to be a wsiver of the terms hereof o~ ot the iratrument secured herby. 1 snd a~rees to psy with each monthly payment an ~ddirio~al sum estima~ed by mortys~ee to be equsl to 1/12 of the annu low- iny: A-All real property taxes levied or assessed aga~ns described real estate. B-Premiums on fire snd windstwm insunnce as Ixrein requ~red the improvements situate on the above desaibed prerri~ses. G-Premi~ms on wch mort9age 9wran i mortgsgee shsll Irom time ro time urry on the loan secured ~reby. Mortyagee shsll fr ~me notiiy mortgagot i~ writing of the amaint due and payabk hereunder shaU thereupon be due and i pay~bls fe of the nexf monthly payment snd exh successive mwuh thereafter until mortgspee shall notify matgag e in such , p~eo+iVms. N WITNESS YYHEREOF, the said ~RTGAGOR hss hereunto ~et his hsnd snd sesl tl~e d+y and yeu fint ~foresaid. Sipnd, d~d nd ddiye~ed in ~fe prese ~ of: ~ ~ ~ f` ~ ~Nn n n ~ STA?E OF FtOR1~A ~ St Lucie ~ counmr oF • C . E . Hanner l~fa~ nw p~rwnallr appeand and Svlvaleen J. Hallll@Z his wite, to rn~ well krawn ~nd knowo ro me to b~ th~ ind'nidwb dac?ib~d in ~nd who executed th~ foreyanp instrument, r~d ~cknawledped beFon ms tMt tMy executed ti+~ sarrk fw tl+~ pwposes H,.,.i„ ucp..,,.d. A,nd d,. ,.;d Sylval.een J. Hanner w;f. o~ ~h, M~d C. E. Hanne r upon • separate and p'n~b ( •:am;n~tan by me taken s~puate and ~pan from her said husb++d. ~dcnowl~dped to befw~ erK that she extcut~d ~id imtrum~M fn~ly u~d volw~ ~ tuilr a~d withovl srnr cornpulsion, constraint, ~ppre qr*fw of ot from f~ si husb~nd. . ( I.L... 68 WRNESS Ty IMf1d N1d OHiCHI ...i r~ a.y or o. ~9 ~ L ' ~ ~i ~ ~ Noary Public in and w tht Stat~ of fbrid~ at larp~ Mr C.omm~ssion ~xpir~s: - Z ` _ -y ~ ReNm To: Rra F.dKd s.vinps a loan A,.«ia,-~oa NOi~R? ~et~ Of fw~ P,~.~.. FtLED ANp R COMMISS~ :TATE OF fl0iil0A AT LARQf C ~ , ~r.OR t.o r..~o..~ [.CPIRES NOY. 26. )971 Fon i~erce. F~or~da • 7• LJC~~ ~~QUNTY, F'~~~ " fw_o w. o~e;t~~H~~w~ ^n~ . ~ r- t' . ~~'J•I 4,. ' i -t ~ ~5~ ~ . . ti-,~ This instNmer~ prepared by 'S9 ,1~ir ~ ~ . . ~~TA First Federal Sav. & L~an Assn. • ZZ _ " of Fort Pierce ~ - . • ~ _ - , O~~Ltd~' , . r ~ , , ~ ~ . ` ~ T. Driscoll ~L~'RK.CIR ~ u. ~ ~y ` ~ '~c- ~ CUIT COURT . ~ • ` 1 H `i.`' . ( 600K 1 FAL[ . , i - ' . ~ ~6 ~ . _ . ~ . _ . s.. _ . - - _ ~ ~ ~ ~w ~.w x: r~ ~ ~ -