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HomeMy WebLinkAbout2163 . . ~t _ ! . - ~ To plao~ and coe~tiouo~nly kNp on tM bvildinps oow w MfO~NN 1ihl~f~ Ofl 1~Id I~Rd i11d O(1 aIl OQYiprn~ot ~nd puson~lly cowrd by thk i+wrtp~ y~. with ~U premiuer~ tMrea~ paid i~ futl, fir~ l~w~~nce in tfK ~:w! s~~rda,d policy (orn~, ~n a tw+n ~pprowd by fM MORiGAGEE, and windtfwm iniwana in tM uswl standud policy fam, in • ium approved by tF+e MORTGIIGEE; in wch company a comp+~i~s a tF» MORTGIIGEE ~++y di~~dt +nd ~II tk~ and winduorm inwraoc~ pol'Kiet o~ ~ny of said bu~ld~nqs, any i~tsrtsr tMtei~ w pa~t M~sraof, in t!N ay~rp~t~ swn afwes~kl or 1e ~xaea thK~of, ahall confain tb~ wwl s~~ndud matpa~ cl~us~ a sucA o~her dws~ u th~ Mortpaye~ maY rpvk~. m+kinp th~ loss unda said pol4 ci.•, ~ach and .wry. p~vbN ro s•W MORTGAGEE u in inre.es~ may •pp~a~. .nd each u~d .w•y ~uch policy ~MII b• p.omptly ass:9n.d .nd d.livKd ro any h~W by ~aid MBRIs ;~:E s3 fu.thK securiry ro aid mort~ape debb and, na less than ten (10) d+ys fn advann of th~ expGation of Nch policy, w d~ I~var to N;d MpRTGAGEE a r~wal tMrwf, to~the? with a ~ec~ipl for tM pnmiwn oi svch ren~wat~ and tMn sMll b~ no f'u~ w wioditam inswa~u ~ plac~d on ~ny of faid bvildinps. ~+y intere~~ ther~in o~ pan iiw.pi, -w-•::ss ~a ~ r.:..',..-^-~w arF~k j~ t~ aav~?±1e a~ ala~saids and In tFN went aey wm of mon~y becor,~ea payabl~ under wch policy or polici~s s~id MORTGA('aEE slull Mw tM option to r~oeiw and apply the ~ on aaoun~ 01 tM ird~bt~d r»u Ncw~d hNeby or fo p~imit s+ia MORTGAGORS ro rsteiva and us~ h a any p~rt thereof fw other pu~poaes, without thrreb/ waivi~~ o~ impair- ~ inp aey pviry, ti~n a ripht undK or by virtw of this mortpaQ~t a~d in th~ ~vent uid MORTGAGORS shall fa ~ny roasoe f~il to kesp rh~ said p•emises w insund, or f~il 1o d~livK prwnplly ~ny of s~id policies of insunncs ro s~id MORTG/1GEE, w fail promptly ro pay fully any premivm ther~fw a in any rotp~ct f~il b pKforn+, dixMr9e. execvt~, ~ffecf, compl~t~, compty with ~+d aWd~ by thi~ cownant, w~ny pi~t h~rwf, ssk! MORiGAGEE may placs and ` paY fa wd+ L?wrancf w ~ny part tF?Neof without wslvinp or ~ffKtiap anY option, IiM, puity. a ~iph1 undK or by virtw oF this Mor~9ap~. and tht fvll ~nw~nt of tath ~nd ~wry such paym~nt sMll b~ immediately dw and p~yaDl~ ~nd sh~ll bear int~rest hom tM dat~ thKeof w~tif paid at tM rat~ o! n~n~ p~r ce~tvm p~r ~nnum and tog~ther with s~ch inrere~t i1»!1 bs aecvrrl by th~ li~n of this mat~sy~. 1. To pN~nit, owrMnit a suHtr no wut~ imp~ument w detKior~Twn of aid prop~rty w u~y put tMr~of. 5. To pay all sod si~golar tM.costs, cMry~s and expenses, ind~dinp a nawnable attwney's fes and oos» of sbihscts of title, incurred o~ p+id N any tim~ by said MORTGAGEE, b~csus~ w in ths evant of the fail~re on the part of tM s~id MORTGAGOR ro duly, promprly and futfy ps~iwm, discM.q~ execuM. ~ffM. c~anpls», tomply with and +blde by exA ~nd every ths stipubt~ons, agreement~ conditio~s, and oovenanq of said promiswry not~ and tlw .^.~enQ~Qa a+~y w~i~her, and u~d oosri. clwpes and ~xperres. e+ch and ~wry, shall b~ immediat~ly due ~nd p~yable: whetMr w not ther~ be notici d~ mand, anempt ro colkct or wH p~ndsrgj ~nd rh~ fvll xnou~t of eacA a~d every wch p~yma~f shsU bs,. iroer.s~ from tM d~ro thereof unril paid at the rate of n;ne p~r centum psr ~nnum; and alt said c8~ts. cMrges and expenses innured a paid, topether with suth inMrest, ihatl b~ Ntv~ed by th~ lien of this mortpap~. b. That (s) in ths ewnt of ~ny brcach of this Mongsy~ or defautt on the part of the MORIGAGOR, or (b) i~ ths ~wnt sny of said wms of mon~y herein referr~d to be not pranptly ~na f~iy p.~a within thirty (30) dsys n~xt aftcr the same severally become due a~d payable. withovt d~m~nd o~ notice, or tn tM weM aach and avery the stipulations, agrssments. cond~r'wns a~d covenann of sa~d pro~r,;uo,y no~e a+d itas ,no,tya9e ~,y e, e;~ke, ~n na iuly, prompdy and fully p~rform~d, discharyed, execured, eifetted, completed, complied with and abided by, then in either a any such ~wnt tFk s~id ag pres,~t~ wm m~ntanad in said promiuay oote then rema'auap unpaid. with ie~terest ~coued, and al~ moneys secvred he?~bY. shall become dw and p~p ~ble fwthwilh, a tF?~reafta, at tM option of said MORTGAGEE, aa fully ud compkrely as if aN of the said swns of monsy yv~re oripin~lly atipula~ed to be paid on such day, anythin~ in sa~d prom~uory note w in this Mortyage to the contnry notwithstsnding; and thereupon p there~fter a~ tM op~ion of said MORTGAC~EE, without notice o~ demand, wit at law w in pu~ty, thereforo x thereafter beg~n, may be prosec~ted u if all mon~ys seoured hsrsby had manrred p.ar to ia i+ariwtion: 7. That in th~ event tMt at tt+e begine?irg of or at sny time pend;rg ~oy svit upon this Mwtgsge, o? to fweclos~ it, vr te reform it, a Ta enfwos i payment of any claims hereunder. said MORTGAGEE shall apply to the Cwn having jurisd~ctio~ thereoi .'u the ~ppo~ntment of a Receiver, such Coun shsii ~ forfliwith ~ppoint a:eceiver of uid mort9sged prppe~t~r all and sinQ~lu, includ~np all and singular the i~?cort~e, profits, iuues u+d revenues from virMteve~ , wurc~ derived. each ~nd every of which. it belrg expressly unders~ood, is he.eby mortgaged as if spec~fically set iwth and described in tl+e yr~ntiny and habendum clavses hereof, and such Receive? sh~ll have atl the txoad and eHecrive f~nct~ons and powers in anywise entrusted by a Co~?t ro• Receiwr, and such appoiromem shall be made by svch Court u an admir.~! rquity a~e! r~.+++ter of absolute raht to s~id MORTGA6EE, and without reference ro the adeqv~cy a inadeqwcy of the v~lue of tf+e prbperty mortgaged or to the wnrency w insolvency_,of uid MORTGAGOR Qr the defendants, ~nd thst such renri, profits, income, iuues and revenue~ ~hal! be ap~tied by such Receiver accord~n~ to the lien or equiry of taid MORTGAGEE ~nd the prectice of sucA coun. ~ - S. To d~ty. promptly ar+d fully perform, dixharge. execute, effect, complete, comply with ~nd abide by each snd the sti IaY ! conditions and covcnants in said promissory note and tha mwtgage set fd~h. e~ ~~~~n• ~ 9. Thst en the evem the ow,Knhip ot the morfgaged prem;ses, or any part thereaf, becomes veeted in a perwn other th~n the MORTGAGOR, tM ~ MORTGAGEE, its tucceuors and assigns, may, witFaut ~ofice to the MORTGAOR, dcal with such successo? w sutcessa in interest with refeience ro this ' mort9aye ~nd the debt hereby secured in the same m~nner es with Mortgagor without in any way vitiatinp a discF~a~ging the Mwtgagors' liability hera under w upon the debt hereby secured. No isle of the premises hereby mortgaged and no fwbcarance on the psrt of the NIQRTGAGEE w iri tuccesson or ~uigns and no cxtension of the time fa the payment of the debt harcby secured given by the MORTGAGEE w iti successors or suiyrn, shall ope~~q n ro releaw, d~schs~ye, modify change or affect tF~e wiginal liability of the N10RTGAGOR herein, either in whole w in put. 10. It is spetitically ~greed tFut time is of the esscnce of this contr~ct and that no waiver of any obligation herev~r or of tM oblipstion se- cured her~by sMll at ~ny time thcreafter be held to be a waiver of the terms hereof o? of the instrument secu.ed herby. 11. In addition ro the fwego:ng monthlY paYmee+q of princ'p,,l e~d interest required by the promisswy npte secured hereby, mor?gagor mvenanh and aqrees to pay to mortgsgee with each monthly payment an add~eional sum estimated by mortgagee to !~e equal to 1/12 of the annual cost of ihe follow- ' i ng: ~ A-All real property tsxes kvied a asseased aga~nst the above described real estate. B-Premiums on fire and windatorm insurance as herein requ~red to be carried on the improvemenri iituate on the above tkx~ibed premises, ~ C-Prrmiums on wcb mortgsge guar~nty insvrance as mortgagee shsll from t~me to time deem fit to carry on the foan secured hereby. ~ Nlortg+gee ahall from time to time notify mortgagor in writ~~g of the amouro due and payable hereunder and such sum shall thereupon be due and payabl~'Or? ths dve date of the next monthly payment and wch successive month thereafter until mortgagee shall notify mortgagor of a change in svch s amount. Suth sums shall be applied by mwtgagee toward the payment of real property taxes, inwrante prem:ums, a~d mortgage guaranty insurance premiums. IN WITNESS WHEREOF, the said MORTGAGOR Ms hereunto set his hand snd xal the day and year fint aforssaid. and livtr tM presence of: ~i~~lJ~-f /~/~~~i~-' ~ - ~ - i - - (Se.q rc--n f~a~ STATE OF FLORIDA ~ SL LUCl@ u' ' courm oF • a.ro.e me peno~.Ny.pp.a,.d Ethel M Edwards a sin le adult ~ Ir~wiie, to me well ~`l~wdlluw(~v~,~br,pie to b~ rM individwM de~crib~d in and who executed ths foreyanp instrument, and acknowled~ed before me that'~!Y • .wM~•fq tl+e•_ purpwes ; e ~ r . . . , ~ ?herein ~~pr~ss~d. Aw~.y S Q rri~~~~Nd ~ r'~r; p ^ ' _ lw~MWqf+~~? ~?wl~ M~N! "NPr?Mt ~?l~~OIIT~r f~1d'~fOfb~rld~ItbfON1l~ld"IC ~f~'tlll'Of!'tt*"f~r ~+~wr~ ~~^''~~~]^~~~~~^~~~~~y~~f 1u~,~.~M~ WII~M'i~•~O~ip~tMMIMw1A?~lApl/i~/q.K~~M~FM'~101~I~MMf1~I10~M11~ - ~ ~ ` _7 ~:'r'-••^+rr WITNE55 my h~od ~nd official ~eal this daY of : l=: i'~,: C': , ~ ea ' A D: 19.~.~ I " ti ~ . ~ . ' y1~1 . " ' ` b L~ ' ~ ,l~ tA~~-~__~_ N t~ry Public in ~nd fpr the 5t~1 ~ fip~~ Mt~~ Retwn Ta MY Corr?n?ua;on ~xp'ua: ~'~~y~r:ri.~~'' fi"' F'd"'~ s'""'°' a~°'" ' FILEO AND RECORDED ~ t:ct~,-y ~~!~Cr, Strte+ip;~'Raida at lar~~ o~ f°" P'~"e. ST. ~UCIE COUNTY. Fl.A. ~r Comm~s~pp Ex~iru S~. 23,146~i Fort Pierce. Florida - r. 1^^. ~ r~ F~~-' b?ad ~r w.« c~. ir~ ~ Gsr~?r G. . " v 1 F8`754 •se ~u~ is ~ ~ : z7 This instrument prepared by ~4~`t~-,~ First federal Sav. i loan Assn. ot fo~t Pie~ca r, s B~ r C~l} _ CLERK CIRCUIT COURT K~i~.f- f, ~i?2 ~215~ c+t~j` , . . ' ~ ~ . - - - - • _ _'~4.~