HomeMy WebLinkAbout1844 ; ~ ~ ~ ~ .
S. to plao~ and co~tteuo~nly kNp on tM buildinps now a hKaf~K uwaa on aid land and on aN eqvtpm~nt ud pa~oeally oownd Sy thb mat~ .
ap~, witb ~l! p~mlw?Ir therwn paid in fvll, fir~ lnsu~+nt~ in Ilw vsual ~t~ndard policy form, ~n a sun? ~pprowd by tM MORiGAGEE, ~nd wind~t~m
~o~+?u~a In tM v?w) sqnd~.d pol~ey fa~, tn • swn ~pprov~d by ~M MORTGIIGEE. in weh eomp~ny a oompania as ~h~ AWRiGA(3EE en~y
dtnctt u~d di itn snd wind~rorm i~awa~e policia on any of taid bvildinp~, ~ny In»ryt tl~~i~ o~ pan therwf, In tlr pp.e~+t~ swn afores~fd w
In ~xaa tl+Kwf. ~MII ca+taln tM wwl standard mortp~p~ daua or such othK cl~us~ as tht MatqapN maY nq~in. makinp N+s loss undK s~id po1F
c~a. ~ch +nd wKY. ar•b1. a wW MOrtTGAGEE in im.ra~ maY .pp~ar. ~nd each and ~wry such polky sh~ll b~ p~omptly ~:yn~d ~+d d~liv~nd ro
any MW by uid MORtGAGEE a fwtha ucwiry ro wid mat~p~ d~W. and. not Int tF~ ten l1~ day~ fo ~dv~nce oi tM ~xpU+tion of Nch polky. a dr
i~vu to said MORTGAGEE • renewal tFwnof, toq~~M+ wiih • nc~ipt fa tM pnmivm of wch renrwatt ~nd ~Mr~ aMtl b~ no f'u~ w winds~o?m kaur~
ptaad on My of pk! buiWi~+p~, any intaesl iiNa~in a parl tMnof, unl~u tn tM forn~'u+d with tM lost p+yabl~ u aforKaid~ ~nd in tM ~wnt any wm
of nwMy becan~s payabl~ u~+dM wd+ polky a policia wid MORTGAGEE shall haw tM opYan fo nc~iw M+d ~pply tM s~ on kwun~ 01 tM kid~bt~d
~r;i i~svnd h~rsby o? a permit said N~l)RiGAGORS to reatiw snd uM it o? any pan the.eof fa othe. puipose~, without 'the~eb,r waivinp o+ wnpai~
iny ~nr puity. li~n o? igM unda ot by vktv~ of ihis nwrt~ap~~ and in tM ~wnt s~id MORTGAGORS sMll tot ~ny rsasun t~il to kaap t4s sa!d pnmises so
inwrd, or f•tl fo d~liva pomptly ~ny of taid poliws of ir?sursnu ro said MORTGAGEE, o~ f~ii promptiy to pay tulty •ny premiwn rher.for a In anr
napect fail w perfor+q, disdw~. ex~cur~. ~Hect, tompl~t~. oweply witb ~nt! ~b;d~ by this corenant, a~ny put Mrwf, said MORTGAGEE m~y pl~p and
WY ~ sud~ Infw~nw a any p~rt ~Mnof without walvinp or ~ff~etinp aqr option, li~n, pvity. a?ght uedw a by virh~ of rhis 1Nort~~pR, ~nd tht
fvll amovnt of ~sch ~nd rwry such payment sMll bf inxn~diat~ly dw and payabl~ and aMll b~ar inMrat han the d~t~ th~~of until paid ~t tM wtt d
niM pM CMhml pN iNWT ~nd tOg~flNf witA WCh intOrNt tlfill ~ y~uryd by tll~ I~ Of tilb f110~t9~. (
4. To PKmit, oomn~it o~ wffa no wat~. Ia+P+irmant a dfnrior~tion of wid propKty a ~ny pwt tMrsof. !
S. To pay ~11 and iinpvlar tM'costs, charp~s and ~upenses, incl~d;r,p s re~wnabk ~ttorn~t f~e ud cosn of ~bstwctt of title, incvrred or p~W ~t ~
~ny t6n~ by s~id AAORTGAGEE, btca~n~ u in tM ~wnt of tM faiiw~ on tlk put of tM said MORTGAGOR to duly, prompty aed fully pKforrty di~cha?g~ ~
•xccute, ~ff~ef. oanplst~, ownply witl~ and ~bid~ by tad~ and every tM stipiilatioos, aprt~msnts„ conditionb and oown~nn of s~id promiuory ~wt~ and thi~
mor+~ap~ ~ey a eid+N. and sa~d oos». chu~es and ~xpe~+aes. •~d .vKV. sh+tl b~ immediately dw and ptyabfts whethtr o? not the?~ b~ nor;ci da
m~nd, a»empt to eofl~ct p wit p~nd'inyj and th~ full amount of exh and rwry wch paym~++t aMll b~a? interes~ from tl+~ dat~ thereof uetil p~W at the
rate of nin~ pK oMt~m pK ~nnum; and all s~id c3sts, ch~rp~s and expenses tncurnd w paid, topettw with such intKpt, sMll b~ s~cvred by t!r tien oi Haf
^artp~p~•
A. TMt in th~ ~wnt of u~y brsach of thi~ Mortyay~ or d~fauM on the paA of th~ N10RTGAGOR, or (b) in th~ ~vent ~ny of s~id wms of n?a+~y
herein r~fernd ro b~ not prompny ~nd fvlly p~id wi~hie thirty (3p) days ~ext after the same aava~lly bscome due ~nd piy~61~, without demand a rarice, ~
or (d in th~ ~wr~t e~d? ~nd ~very the sti~wlations, ~gr~smems, conditiona a,x! oown~np of s~;d promissory note ~nd tlra mapapt aey a ~ith~r ar~ no1 i
iuly, prompty ~nd f~lly p~?form~d, d~rped, ex~cvted, ~ffbctad, compl~ted, canplied with and abided by, tMn in eith~r or any such ~v~nt th~ uid ~g r
prosi " oote thte ~emaininp unpaid, with interpl acvwd, and all moneys stcvr~d herebY. ahall bacorr~ dw Md p~y.
able fonhwith, a tlKresfter. ~t the option of si ~t~ '
to be paid o~ sudi day. anythiny io said pran'~ssory note w in this Matpaye ro tM contrary notwithstandirg: snd thtrwpon w thcresha at t!w option of ~
uid MORTGAGEE, witiaut natice w demand, svit at law a? tn eq~ity, therefon or thereafter begur~, may be prwecoted as if all rtwr.~ys s~cvnd I~ersby
had mitured ptipr to ib instifution. ,
7. That in th~ event that at the inni of or ~f an tim~ ~
~9 Y P~~^9 aoy suit ~pon this' Mortyage, a ro foraclo~ h. w M nform it, or to ~nfup
payment of any daims hereunder. said MORTGAGEE shall appty ro the Govrt havin~ jurisd;t~io~ the~eof fa the ~ppwmment of ~ Receiver, such Coun ah~ll '
FwtFiwith ~ppoint s receiver of said matqayed property all ~nd sirgvtar. includmg ~II and singulsr tM income, prolin, issues and reve~ues from whatever i
wurce derived. each and every of which, it beiny expressly understood, is F,ereby mortgaged u if apecifiulty aet forth and dewibed in ths yr~nrinp a+~d
habendwn c)aoses hereof, snd such Reuiver shatl Mve all the bwd and effective fvnct~ons and powen i~ ~nywise entnnt~d by ~ Court to a Reuive+, and
such ~ppointment shatl be m+de by wch Cov?t as an admitted puity and s m~tta of absolute riyht to wid 1MORTGAGEE, and without refere~c~ ro ths
edequacy a iMdequacy of th~ vatv~ of rhe property mort9syed or to the whrcncy a insolvency oi said MORTGAGOR or the defend+nts and that i~rch
renrs, profits, income, iss~es and revenues shall bs applied by such Receivcr accordiny fo the lien w puity of s~id MORTGAGfE ~nd tM practics of wch
CarA.
8. To dvly, prompty and fvlly perform, d;uMrge. exec~te, affect, oomplete, eompfy with and abide by ead~ u~d ~vay th's stip~rlatto% pro~menfs,
=ond'a~o~u and covenams in said promissory not~ and this mortysge iet forth.
9. That in the event the ownenhip of the mortgsyed premises, or sny psrt th~reof. becomes vested in s person othe? th~n the MORTGAGOR, th~
MORTGAGEE, its sucoeuws ~ed ssspns, may, v,ntF~ow notice to ths NWRTGAOR, deal with such successor a successor ;n interest witF~ reference ro this
mort9aQs and the debt hereby sccursd in the s~rns muw?er as with Mortg~gw withovt in any way vitiatug a dischuging the Mort9aspn' lisbiliry Mn-
under w upon the debt hereby secured. No sale of the premises hereby mo.tpaged and no fwbearsnce on the p~n of the MORTGAGEE or in wacesson
or suigns and no extension of the time for the piyment of the aebt beieby secur~d qiven by the MpRTGAGEE w its successors w assiyns, sha11 operiq
to release, disthsr~e, modify tMege or affect the Of191MI INFNIi}1/ of the 1111~RTGAGOR herein, ~ithet in whde or M put.
10. It is specifically agreed th~t time is of the essence of tha cauract and thst no waive~ of ~oy abl'~g~Ywn here~nder or of tM obliyatan se~
a.red hueby shatl at ~ny time ther~aNtr be !w!d ro b~ ~ waivsr oF tM t~rnu hereof a of the instrument ucur~d herby.
11. !n addition ro the foaegairg moMbly p~yments of princ:p~l snd interest reqvired by the p?om~ssory" note secured hercby. mort9sgor tovenants
and agrees to pay to mortgsyee w;th esch monthly payrrK~t sn ~ddirion~l sum estimated by mortgs~ee to be equal ro 1/]2 of tfie annual cost of the iollow-
ing:
A-Alt real property b:p kvied or assessed against the above described real estatr.
B-Premivms w~ fire snd windstwm insuraeue ~s Ixrein reqvired to be tanied on the improvemints sitvate on the above desvibed premises,
C-Premiums on such mort9age 9wrsnty iosvrsnce as mwtgagee shall from time to time deem fit to carry on the loan tetured hereby-
Mortgagee shall from time to Yime notify mwtgagcx ~n writirg of tfie amount dw and paysble hereunder and s~ch wm shali thereupon be dw and
payable on tt~e due date of ?he next monthly payment and eacF~ svccessive month thercafter ~ntil mortgsgee shall notify mortyagq of a thange in wch
amouot. Suth sums shall be ~pplied by mortgsgee toward the payment of real property ta:es, i~surante prem:ums, sod morfgage guaranry inwrante
premiums.
i
IN WITNE55 WHEREOF, the said MORTGAGOR hu hereu~to set his haod ~nd seal tF~e day ~ ar fint aformaid.
r'~~Seal~d jqd ~'rvered in the p?esence of: % ~ /~ry ~
~1~ ~
R ~
4 ~
~I~-i•~~,..~_ .~"~Ct~:ro J ~ 1
a
Nw~S y~¢.Yr11
STAtE OF ~
COUNiY OF - C~ /SfEST~R ~
eef«e nn p.no~,.ny s~e..ed Donald C. Me orlev
B. JoseDhine Mc~orlev ~s w~f~, to me well known ~nd known to me to b~
rhe individwh dac~ibed in ~+d who executed the foreyoing instrwnent, r+d ~cknowtedyed befo~e me that they executed tht same (or tha pvrpos~s
r+,n~ .xa~,,.d. n„a d,. a~ E. Joseuhine Mc orlev ~
wife or rti. ~;d _ Donald C. McSorlev ~ ~~M
examinata~? by me taken sep~rate snd apart from her sa;d husband, acknov„{ec{yed to and before me that she execvted said iNv
rarily and withaA sryr compulsion, constraiM, apprel~eruion, or fear p( p from her pid huib"ud.~ ._`n~°M ~~W
WfTNf55 my h~nd and official te~l tl,n a~~ diy of u.u.ri~ , '~J ~=~~~~1 ~.D~..~y~ 68
Notsry Pubiic in ~nd for tAe Statt ~'tarQe
Retwn ~a MY ~~ission expires: /-2=7/;s ' A.
Fr~ F.d~„~ s.Y~??os a~ wu«~si;o,~ -~~lIED qNp KE~v~Err S~Aet~. `~is~.. .
sT ~ RECO uEO~ ~ ~ ~
~ F~ P;~.«. uciE couNr R ~ . . , .
Forr vK.u. F~o~~d~ ~ •RE CORn Y. Ff.A. ~
VFRIF+ED -`'<<<: ~
. ~
'68 JUL 8 ~ ' i
~
This instrument prepared by
First,Federal Sav. & Loan Assn. ~'OGE:R AOITRAg c~.-~.~•L`z''-
of Fort Pierce CLERK CIRCUIT COURI'
B J. D. Chast4.in , . ~
r
_ ~ , 600K~7~+ PACE~SJ i
~ ~ - • - - ~ i ck
1 '
.
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