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HomeMy WebLinkAbout2171 . . t f ~ To plau u?d ca?tinuo~?~IY kNp on fM buitdiegs now w hae~NN ~twt~ on ia~d land u~d on all equipm«+t a~+d pasonaly covK~d by thb mottp~ ap~, with ~II pr~eniu~ thenoe? pald in full, fi~e insur~nc~ i~ the ~nwl sur,d~rd policy form. ~n a suen approwd by the MORTGAGEE, ~nd windstwn~ inwranc~ in tM ~wal ~tand+rd policy fan?, in ~ swn approv~d by ~M MORiGAGEE. in wch comp+ny or compa~ws a~M MORTGAGEE may d'u~ctt ~nd all fk~ ~nd wie~arm in~wanc~ policiss on any of s~id build~nps. ~ny intens? tF+erein a paN the.wi, in t!K ~preg~t~ wm ~fort~+id or In ~xuss tMrwf, ahall cont~in fh~ uwal sundud mat9a~a~ c~+use w~ucA aF~ cl~us~ ~s tM Matppe~ may rpuin. nakinp th~ bu undK aid po~F ci~s, ~ad~ +nd ~vM/. P+Y+bk a ~aid MORTGAGEE is its intercst m~Y ~ppa+?. and ~+th +nd ~v~rY svch poliq thsll bs p?anp~b as~:yned u~d deliv~red to ~ny twtd by said MORTGAGEE u iw?her saurity ro s~id ma.tp+ye d~bt, and. not ku tMn tM (10) days ln ~dvanc~ of the expiration of ~ach po~icY. w d? liw~ ro s+id MORTGAGEE • ~e~w+l the~eof, topahK wi~h ~ rectipl fp the ptmiwn of tuch renewal= snd ~hm~ shatl be no fire or wirtdsto.m teuwanca pl~d p~ ~ny a{ s~;d p~itdi~gs. ~y ioterat tM+e~n a p+h tMrwf; unl~u tn tM forni and wi~h ~M lou paysble ss afo~ti~id: u~d io tM ~vsnt any ~um of rnoewy becan~s p+Y+bl~ u!~r wch polky a polici~s said MORTCsAGEE shall Mw tM optron to receiw u+d apply ths s+m~ on ~ccount o~ tM lnd~bted ,xss secyr~d hKeby or to permit ssid MORTGAGORS ro receiv~ u+d ~u it w any part thereof fo~ o~hc? purposes. wi~hout tharcb~ wai~i~.g a impair- ;rp ~ny pu;ty, Ii~n a ripM unda or by viAw of this mortysp~t and in tM evcnt wid MORTGAGORS shsll fa sny rtason fail to keep tM said pr~en~tes so insured, or 4i1 W d~livt~ p?an{>tly ~ny of said polities of i~sursnu to said MORTGAGEE, w fail promptly to p~y fully a~y premivm therofor a{n a~y resp~tt f~il b p~rfocnl, disth+rge, fklCVff. ~ffecl, complN~, comply with ~nd +bid~ by this mverwr+l, a any p~rt hauof, s+id MORTGAGEE may pl~te +nd p~Y fa svcA tmuranc~ w any p+rt thtreof without w~Ninp or ~ff~dinp ~ny option, li~n, puity, o? ripht uader a by virtw oF this Mat9ap~. a+d tM fvll amov~t of ~ach ~+d ~wry such payment sl++ll b~ immediat~ly du~ and payabl~ ~nd sl~Il bsar inure~t from th~ dab th~~eof until paid a1 tM ~at~ of n;n~ p~r pntwn pK ~nrwm and rogether with sucA i~+terest ~halt b~ s~cvnd by tM lia~of this mwtp+pe. 1. To pennit, oornndt oo ~uffer no wut~, imp~irment or deterior~tion of s+id properry or any p~A thenoF• ~ 1 S. To pay ~II sed sirqu~u ths<osn. ch+r~s +od ~xPenses• incl~+dinp + reasonabk attwney's fee snd costs of abstncn of title, incvned a p+1d a~ ~ any tim~ by said MORiGAGEE, becaus~ a in tM ~vent of tha failv~e on tl+~ pan of tM s+id MORTGAGOR ro duly, prompty aed fully periwm, d~scha.g~. e:ecvt~. ~ffed. canplet~. complr with and ~b~d~ by each and every the stip~latioru. agreements, condita% and cov.nann of said promissory noH and ~hw mort9~y~ any w ~itl?N. ~nd said cosb, chupes ~nd experws, e+ch ~nd every. shall be immedistely due ~nd pay~ble: whether a not the+• b~ notic~ de mu~d, attempt to collect a wit p~nd~ng; +nd tM fvll amovnt of ~ach ~nd ewryr svcl+ WYmen~ si++ll be+. in~erest from f1a daro thereof until psid at the rate oi nine per centvm per arnwm; ~nd all said cdsri, cherges and expen:es incvrred p paid. togethsr with suth intaqt, aMtl b~ s~tured by th~ lia+ of tha e. Thst ~a? in tM ~venr of e~+y Meach of thb Matpap~ w default on 1M psrt of the INORTGAGOR, or (b) in fM evant-a+Tof-whl-swns of mo~ey herein rsfand w bs no~ prompny and fully psid within thirty (30) days next afrer tF+e same severally become due ~nd payable, without demu+d or notice, or (cy in tM ~wr1t esch and wKy the stipubtioos, ~g~eements, conditions snd toven+nb of s~~d promiuay note snd th~s mwt~sye u~y a either are nof iuly, promptly and iully perfamed. d~xhuged. executed. effected. completed, complied with and abided by. then in either or any such twnt tM s~id ag preg,~t~ wm mK?taned in said promissory note then remainin~ v~paid. with interest scaued, and all moneys secured hereby, tl»II betome dw and pay- able torthwith, a theraaher, at tM option of said MORTGAGEE, ss fully ard tompletely as if all of the wid wms of monty were originally stipulated ro be pa~d on wch day, anythiny ie said promiuory note w in this Mortga9e to the contrary notwithstsnding; and thereupon w thereafte~ a1 tM optia? of •aid MORTGAGEE, without norist w dem~nd, suif at law a in equity, thtrefore or thereafter beguil, may be prosecuted u if all moneys sacured hereby had m~tured pnor to its i~titution. . 7. That in the event that ~t the beginning of w ~t aay time pending aoY suit upo~ this Mwtgags, o~ to faeclose h, or to refwm it, a to enfwce ~yme~t of any claims hereunder, said MORTGACsEE shall spply to the Carrt having jur~sdKtion thereo( (or the appo~~tment of a Receiver, s~ch Co~?rt shall fortFiwith ~ppoinl a:eceiver of said mortg~ged property all snd singulu, includ~ng all and singular the income, prolits, issues and revenues from whatever wurp dKived, each and every of whith, it being expresaly vnderstood, is hereby mortgaged as if specifiully set forth snd described in the qranting and ~ hebendum d~uses hereof, u~d svch Rec~iver shall have all the broid ~nd effective funct~ons and powen i~ aoyvrise entrusted by a Co~rt to a Receiver, and ~ such sppointmant shall be made by svch Court u an sdmitted equity and a m+tter of absolute right to said MORTGAGEE, snd without reference to the ~ adeqwcy a in~deq~aty of the valve of the p~bperry mortgaged w to the sWvency w insolver?cy oi said MORTGAGOR a the defendants, end that svch re~rs, profin, income, issues snd revenues shall be spptied by such Receiver accwdiny to the,lien or equity of wid MORTGAGEE and the prxtKe of such 3 Court. 8. To duly, promptly and f~lly perform, dixharge, execute, effect, complete, comply with and abide by esch snd every the stipulations, ~greements, condiYaro and cove~ams ~n sa~d promissory oote and this mortgsge set forth. 9. That in the event the ownenhip of ~he mortgaged premises, a ~ny pan thereof, becomes vested in a pcnon other than tFx MORTGAGOR, ths MORT6AGEE, its sucusson a!~ ase~gns, ~y, witho~t notice to the MORTGAOR, desl with such successor w successor in interest with reference ro this mortg~e and the debt hereby secured io the ssme manner as with Mo?tgaga without in any way viti~ting or discharging the Mortgagors' lisbiliry hera under or upon the dcbt hereby secured. No sale of t!x Fremises hereby mo.tgsged and no fwbeannte on the paA of the MORTGAGEE w its successors a assigns snd no extension of tF+e time fw the paymem of the tkbt hereby secured given by the N10RTGAGEE or iri svccesson or assigns, shall operate ra refeas~, d~schar~e, modify cha~ge or affect the wiginal IiabiGty of the MORTGAGOR herein, either in whole or in put. ~ 10. It is specifically ag?eed that time is of the euence of this contracf a~ that no waiver of any obligation hcrevndcr or of the obl'~gation sa- a,red hersby shall at ~ny tune thereaher be held to be a waiver of the terms hereof w of the instr~meM secured herby. 11. In add~tion to the forego:rg monthly payments of p?inc:ppl end interest required by ~he promissory nore secured hereby, mortgagor covenants ar.d ~grees to pay ro mortgagee with each monthly payment sn add~tional sum esumated by mwtgsgee to be eq~al ta 1/12 of the annual cost of the follow- ing: A-All real property ts:es levied or assessed aga~~st the above described real estate. B-Premiums on lirs and windstam inswu+ce as herein requ~red to be carried on the improvemenri situate on the above described prem'~ses. C-Premiums on such mortgage gwrsnty insurance as mortgagee shall from t~me to time deem fit to carry on the losn secured hereby. j Mo?tg~gee shall from time to time notify mortgsgor in writing of the amouM due ar+d payable hereunder and such sum shall thereupon be due and payabte on the due date of the next monthly payment and each successive month thcreafter until mor.tgsgee shall notify mortgagor of a cha»ge in s~ch amount. Suth wms shall be applied by morfgagee towa?d the payment of resl property taxes, insurence prem:ums, and matgage guaranty ins~rance ~ premivms. ~ IN WITNE55 WHEREOF, the said N10RTGAGOR has hereumo set his hand ar+d teal the day and year fi t sforesaid. - i . Sgne Ssakd and del' red i the presence of: { . n ~ ~ , . • a4 ~--n TE OF FLORIDA St . Lucie # ~ 3 couNn oF d~fore me persa?+Ily ~ppeared Har r y J. Danie 1 s Dozothy H. Daniels his w~fe, to me well known and known to ms to b~ rhe individwb described in uid who ~:ecuted the forepoinp instrument, and acknowledged before me that they executed the same far tht pwposa Doroth H Daniels -,•~~~''~t~~.,_ rheiein .xp.eswd. Md tt» ~aid y • ~.v rr = ~ -r, ~ Hazrv J. Daniels wft. o+ rh. s+~d ;.i~pK~t•'f~i~~riv.t. e¦~m~naYan b~r me taken ~ep~rat~ and apan from her said husb~nd, ackrwMrledged a and befwe m~ tMt sM execut~d ~td ',i~~.hifir~a~! itolun- r~rily snd withovt ai{y compubion, constnint. ~pprehens~on, orD f~x of w from her a~d Fwsband. 9 1~ ' - WITNE55 my har+d ~nd official se~l this /~x~'+ day of Ju 1 ' ' 1•A. b. 19 6$ ~ tsry Public in and for -11M 'Of d l~r ~ ~ My Comm,isioe? exp'ues: ~ • • , ~ e~ _ Return Ta. `~.~3u~ O~. ~ ~ ~w.71~ ~ iint F~deral Savirys a~«, ~,«~.t;a, FI~E~ ANO RECORO ' ~r Conuissidn, 'a .~3~ M69 ~ Of fwt P~erce. E~t b.3.a Ir A~iir~`f3s„dr~ G. ~ ca., v~N«. Fb.~a, ST• LUCIE COUNTY, FI,A. - ~np~ ~•rr^.lF~rp _ ~ ?~y ~ ~S I ~ ~ '6~ JUL I S ~ This instrument prepared br ~ 28 ~ ~rst deral Sav. b oan Assn. ' ~ of Fort er . ;~=:~r ,•0?TR~$ CLERK CIRCUtT COURT . f~..--~ " a00K ~72 PACf ~1~ ~ ~ , . _ _ _ - - ~ - - = - ~ °~i.a