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HomeMy WebLinkAbout1851 ' , To pl~p ~nd continuously kNp on ~FN buildinps now a Mr~+ftK situat~ on ~aid la+d ~nd oe~ ~N pvt~rnN?t and p~nonally covK~d by thia nwrt~. p~, with dl praniwro thNeon paid in fv14 f'u~ ir?turux~ in ~F~ usu+l s~andard poiicy fany ~n • sum ~pprov~d by th~ MpRTGAGEE. ~nd wind~torm Guuranc~ M th~ vwal ~tanda.d pol~ty iwm, in ~ sum approv~d by th~ MORTa/1GEE: i~+ wch canpany w oomp~nta a th~ MORTGAGEE may dindt ~nd ~II fU~ u?d windstam intwana polic'a~ on My of fald MlfWi~f,~ M~l 111?Nftf tlNffGl Of Piff fl1~f~0}, in ~I+~ pq~s9at~ wm ~foauid a h+ ~xceu 1Mnof. ~MII cont~in t1~ wwl uandard matp~pN dause ar tuch othK davs~ a tM MwsyyN maY ?eyu'u~. makinp tM loss und~r aid potF cia, wch u~d ~very. paYabl~ q said MORTGAGEE a its iotKSSt may spptar, ~nd e~ch ud ~vtry tuch policy sMl! b~ p~anptly asi:yned ~nd ddivKed ro any h~ld by said MORTGAGEE u fwthK ~stvtity ~o wid mort9spe dtbt, u~d. na les~ than e~ (101 dayi in ~dv~na of tM ~xpkatwn of ~ad~ policy, to dr IivN tp s~id MpRiGAGEE a r~e~ewal tlwrwf, top~tFwr with • receipt to? tFw pnmium of avch ~e~w~i= and thth aMll M no tin or wlnibtwm ku~rr~nq ~ piapd on any oi Nid butidinp:. ~ny int~rqt tMnin a pi?t tMrwf, vnless in th~ forn?'u+d with tM Iws paysbl~ u~fw~uids ~nd in th~ ~vtnt a~ryr wm ; of mw~y becarws payabl~ u~der wd~ policy a potkies s~W MORTGAGEE sMll h~w th~ optan b ~coeiw ~nd ~pply tM sam~ on ~ccount o1 tM i~+d~bt~ ~ rnst Ncvr~d h~rtbr o~ b pKmit said MORTGAGORS to rKeiw and ~s~ it or any part thereoi fd other purposes, withovt thereb/ waivi~g or impair• tnp ~nY pu;ty. li~n or r'ght w~der a by vktw of this morly~~t ~e+d in IM ~weN uid MORTGAGORS tlwll for ~ny nawn fsil to ke~p tM s~id pr~mi~ so ~ in~u~sd, o~ f~il w d~tiver pron+ptly any of saW policies of iruuhrw ro satd NWRTGAGEE. or fat: promptly to pay f~lly sny prNnlum ths~~for a in anp nsp~c~ fati b pKtocn~, dtscharp~, ~x~cvt~, ~ff~tt, oompbt~ comply with ~nd ~bid~ by thh wvs~+nt, w ~ey part heraof, said MORTGAGEE may pl~u ~nd ~u paY fa wch knu?~na? a any pert tMreof withovt w~hinp a aff~dinp any optlon, li~n. puny.. or ripht undK a by virtw of this Monqp~. and the fvll ~enount of each and ~wry such p~yment ~Mtl b~ inxnediaMly dve ~nd piyaW~ and sAs!! bear kun~st fmm th~ dat~ tFx~eot until p~id M tl» ratt oi i nirw pK pntwn pK ~new~n ~nd together with wcA inta~at ~hall be ~ecwed by tM Uen of this I. To pKmi4 aon+mit a suff~r no wut~, imp~kmeM or deteria~tion of said propKt~r or ~ny p~h fharwf. ~ S. To pay all aod wpvlar tM.co.b, cMrps ~nd expenses, inciudirg a reasonabk a»omay's fe~ snd aosb of abstiatts of titfe, incwred w p~id ~t any tim~ by said MORTGAGEE, b~c~us~ or in tlw ~wnt of tks failvro on ths pan oi tM said MORTGAGOR w duy, promptly and fulM~ pe~form, discMry~ execw~, ~ffect. compl~t~. comply with and abid~ by ~ach ~nd every the stipulationt, ~yreeme~ts, ooeditiom, and oown~nn of satd promiuory noh snd this mwtpp~ aMr w~itMr, and said cosri, chu~a ar~d ~xpe~ses. eacF~ snd every, sRatl be immediatety due and pay~bh: whether or not thtn be notid d? mand. attea?pt to cdl~ct a wH p~ndin9s and tM full arno~nt of eacA and ~w.y wch payment ah~ll bear ;nterest from tM dat~ ti+e~~of ~ntil paid ~t H+e ~ rate of nin~ per centum par annum; ~nd all ~aid cbsts, charyes snd expen~es in~wred or paid. topetF»t with suth interaf, shall b~ Ncured by th~ lien oi t!W f 0. 11~at j~) tn the ewnt o1 any b?wd~ of th3~ Mort~~ or def~ult on tlr pa~f of ths MORTGAGOR, or (b) in tM event aey of iaid wms of morNy ~ herein nftrr~d 1o bs ~wt promptly u~d fully paid within thirty (3p) days next after Ihe same severally becane due snd psy~bl~, without deen~nd or irqtite, or i~ Nw ~wr1t e~cfi and ~wry tM sfipvlatioro, a9raemeats, cond~tions and cownann of sa~d pomluory nas and th~s mat9ape any or eithK ~n no1 iuiy, promptiy and fuiiy p~riwm~ti, d~schar~, ezEaetsd, tff'scted, compkted, complied with and ab~ded by, tMn in either w any svch ~v~M tM aid ag pre~f~ wm m~ntia»d in wid pcomis~ory not~ then remainirg unpaid, with inttresl scuued, and all moneys ~ecured herebY, sMl! becvme dw arw! paM ~bl~ forthwith, p thereahe~, af fh~ opr;on of said MORTGAGEE, ~s fully ard completely as if s1I of the saitl wins of mon~y wen pip'u?aliy stipulated ro be p.id on such day, sny~hirg in ssid promissory oote u in th~s Mo.tgage ro the conrnry no~w~~hsqndin~; •nd ~he.e„pon w ~he~e~he~ H,~ op~ion of u~d MORTGAGEE, witFa~t notice or d~mand, suit I~w or in equity, ~he.e(ore or thareafte~ bagwt, msy be prosecuted as ii all ma~eys ucur~d 1?Keby had matwed pnor !o ib institution, 7. iMt in tl~ event that ~t the beginniny of or at sny time pend~ng soy wit ~pon this ~tgage, w to fweclose it, or to roform it, or to enforc~ payment of any claims hereunder, said MpRTGAGEE sMti appty to the Coun having jurisd~nion thr~eo( fw the sppantment of a Receiver, wch Couit sMll forttiwith appoint a receiver of ~sid mortyayed property a~l ud iu~gulu. inclvd~ and si~gul~ tFy :~eo.h.= ornf~~L ;iaves and revenues fro,m wha»ver wurce derived. esd~ and every of wh~ch, it bsir?p expressly ~rndcritood, is hereby mor~gaged u if specificaUy set fwth a~d de~4ib~d in tM ~r~nnnp snd ~ a habendwn davsea hereof. and such Reteiver sFwll have ~II the brwd ~nd eifective funct~ons and powers in ~nyvriie emrusted'dy a~ourt to Recsive?; «i~` ~ ' such ~ppointme~t ihsll be made by such Caxt u an admitted equiy and a matter of ~bsolute rigM to said 1NtlRiGAGEE, and without rah'?en2e Io ths s adequacy w in~deq~acy of the value of tM p~bperty mort~aged or ro the so~vency or Fnsolve+~cy of said MORiGKGOR a the defeniiann, and ~hat such re~~• profin, income, iuues aod revenues ~all be applied by such Rcceivcr accord~ny to the 1'~en w puity of said MOBTGAGfE and ~Fie pnctict of such 8. To d~ly, promptly and fvlly perform, discharge, execute, effect, comptete. comply wirh end abide by each ~ed ew~y ths'sitpuktio~a, a~?eemeata. conditioru and covenants ~n said promissory nme and this mo.t9age ut fwrh. - . 9. That in the event the ownenhip of the mortgs9ed prem;sea, or any pan tFKreof, becomes vested in a person other than the MOR?GAGOR, th~ MORTGAGEE, its successws and au~gns, msy, without norice to the kWRTGAOR, desl with such successw or wcceasor in interest wirh ~eference to this morl9age and ths debl hereby secured in ti~t ssme manr~ ~s with Mortgayor without in aoy way vitiating p dixhai¢ing 1he N~ortgarypri ~li+biliTy hN~• under ot upon the debt hereby securcd. No sate of the premises hereby mortgaged and no fabesra~ce o~ tF?e p~rt of the MpRTGAGEE w iti successon or auig~n and no extension of the time for the payment of the debt hereby setu?ed given by the MORTGAGFE or in sutcessors ot sui9ns, shall operat~ ro relea~e, dischsrg~, modify thange or affecf the wig;nal liability of the MORTGAGOQ herein, either in whok or in put. 10. If h spec~fically agreed that time a of the essence of this contract and that no waiver of any obligstion hereunder or of ths obliyation te- a:red I+sreby shall at any fime thereaher be held to be a waiver of the ttrms hereof or of the irutrvment tecvred herby, i i. dditan to rhe forego:rg monthty payments of princ'pDl and interest required by the ~ promiuory no~e secured hereby, mortgsgor co~v paw~~ and agtees to ps ~t agee w;th each monthty paymem an sdd~rional sum esrima~ed by mortgsgee to be equat to 1~12 of the annual co ef~fl~follow- ing: A-All real property taxes kvied or assessed against rea! estate. 8-Piemiums on fire and windstorm y~wrance as herein requ~red to be wrried nti situate on the above desuibed premises. C-Premiums on s4ch mortgage gua~snty i~surance as mor rom t~me to time deem fit to the ban secured hercby. Mwtgsgee thal{ from time to time notif r in writing of the amount due and payable hereundet and such w ~ereupon be due and payable on ths due date t y payment and each successive month thereafter urtil mortgagee s}wll notify mortgagor o n su~1~ amount, s II be ~pplied by mortgagee toward the payment of real property taxes, insurance prem:ums, and matgage guaranty ins~ra wms. M WRNESS WHEREOF, ths sa;d MORTGAGOR Ms hereunto set his hand ~ex! seal the day u~d y fint aforssaid. i ' n~d. Sea and ed ' tM presence of: a i n ' ~ • ; y , sq rt,q rc..R STATE OF fLORIDA ~ St . LuC 1Q ' courm oF Before me person~lly sppesrcd Donald C. Hebert Md~rqueYl.t@ P. Hebert his wife, to me well known and known to me to b~ the individwk aescribed in and who executed the forepoing instr~ment, and aclcnowledged before me thst they executed ttK same fw the pwposes rF+~•~M .xp?e„ed. And rF,. Marguerite P. Hebert Donald C. Hebert „po,,, , ,ep,~,te ,od p.~~,~• examinatiw~ by m~ ts4en stpuat~ and spart from her said husband, acknowledged to and befor~ m~ tMt aF~e executed aaid instrumeM freely snd volur~ tarity ~d without srnr compubion. constraint, ~pprehe~~, or fear of w from her ssid Fust»nd WlTNESS my h~nd and official seal rhu lo day of J 1 A. D. i9 68 Notary Pu ' in and for the State of Flwida at 1u~s ~ Retwn Ta . MY ion eupires: ~sc,~ / Y?/ first federN $arings d~ Loan /?ssociation - . ~ Of fwt P~erce. '1;~~,:t.t,lt~++~~t iiQG3ry PI1~JriC. S~le 0} ~~0:.~:i ~t ~if~ fo?t Piercc, florida % " • ~ ~ ,,,.~i~: ~i~~ 1~Ay Comm~ssion ~Expres poy. 6.191i , ~ `f~J~ ~~i 'ir ' - ~o~d~e~r R~6YCli/~ ~ ` • ~ r ' F~lEO AND : G~• :J ~ . = = ~ " ~ ~ ST. LUCIE COUNTY. This inshument prepared by - , VF_RIF~EO ~•irst Federal Sav. A,~ ~ ~ ,_1 = ~ . RECORn 52 ~-loan • : : : . . - of Fort ce - ~ - • ' ~ ~ , -.t ~ e ~ ~ G~ e ~ io • Z3 ~ ~ '68 JUl ~ . ~ r ,ti~~`` ~ o'TR~S ~ ROG~ BOOK1~~, pA~E~844 .-1 ~LERK C~RCU17 COURY ~ - . - - _ . _ . _ _ ~-:w - ~ , "~S