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HomeMy WebLinkAbout2231 ~ ~ , i y= To plxs u+d continuously k~ep on tM bvildi~g~ now a MraaftK sitv~» o~ said land and on all equipmsnt ~e+d pawn~lly tovK~d by this mwt¢ a~. with ~II premiur~u tMreon p~~d i~ ful4 f'ue irtiu~anc~ in ths vsval ~u~+dard poticy fam. ~n • sum ~pprov~d by tM MORTGAGEE. u+d windttwrn inwranc~ tn tM uswl s~utdard policy fam, in ~ sum ~pproved by ~M MORTGAC'sEE, tn such company w compa~+ia as tM MORTGAGEE may dinctr +nd all fu~ and wir~wrm iniu~anc~ policia~ on any of 1aW buiidinps, ~ny let~r~st thtrein w p~rf tF~trwf, in t!~ ay9re~aq ~um ata~uid a In ~oe~s Iher~of, ~hall cont~in tM vsval ttandard ma~ga~e~ cl~~ a ivch o~ha cl~vs~ as tM Mo.~ya~N may ~puir~. makinp tM bs~ undK said pd} tip, tach ~nd ~vNy. p~ysbl~ b s+id MORTGAGEE ~s its Inte~esf may ~ppaa~, ~nd ead+ and twry iuch policy ~hall b~ pranptly au:9~ed u+d d~livered ro any FwW by s~id MORTGAGEE as ivrthei secu~ity to said mwt9sp~ debt, and. not Its~ th~n Ien l10) days in adv~nct of tM ~xpir~tan of ~ath polity. to d~- IivN to uid MORTGAGEE • r~~ewsl ther~of, topethN w1il+ a r~c~tp~ fo~ the pr«++iwn of wch renew~lj and ~Mn sh~il b~ no f'u~ w winduwm tnwrana pl~nd on ~mr of s~id buildinps, ~ny int~r~st tMr~in a p+rt th~rwf, vnless in tM foan'~nd wi~h th~ bss paY+bl~ u a(or~s+ids +ad in tM ev~ni anr swn of morNy beca+Ki p+y+W~ u;~~ wcb Po~icY w Pc~ici~s s+W MORIGAGFE shall haw tM optian ro r~ceiw aod ~pply tM ssen~ on +ccow+~ 01 tM ind~bted~ n~q s~cyr~d lMr~by o? 1o pamit Nid MORTGAGORS fo teteiv~ and us~ it p any parf thereof fo~ othcr purposes, without Ihireb/ waivi~y or ~mpai~- irg any pvity. IiN? or right unda~ o~ by virtw of this n+ortps~~; a+d in tF?e ~vent ~aid MORTGAGORS sMll fw any ~eason hil fo ke~p tM aid pr~misea so insu?ed. or fail ro detiver promptly u?y of iaid policies of insunnu ~o said MORTGAGEE, w f~il promptly to paY fvlly ~ny premium therofw w in any r~ap~ct f~il b pafam, diuMr~t, ~zecute, ~ffec4 complele, comply with u~d ~bid~ by this covenant, a any put hNaof, said MORTGAGEE m+y plm +nd pay fo. wch tmuranc~ or any p~rt thereof without waNinp or ~H~crinp sny option, ti~n, pvity, w riyh~ undK or by virtw of this Mort~~y~, u~d fM f~ll ~mount of ~+ch ~rd ~wry avch PaYmsnt sh+ll b~ immedi~tely dw and p+y+bt~ and shsll bcsr intKest from tM dat~ thereo( until paid a~ tM rat~ oi nln~ p~r tantum p~t annum and togetl+e~ with tucA inte~est sMll be secured by /M 1'~en of this mort9~pe. 1. To pKmtt, convnil or wffer no wute, fmp+~rment w deteriw~tan of said propary w+ny p~rt therwf. S. To pay ~II ~nd sirgular tM.cost~, charqes snd expenses, includinp a reason+bte anwney's fee and costs of abstrscn of titls, incurred or p~id ~ny time by said MORTGAG:E, becauss a in the ~vent of ~he f~ilure on the p~rt of the said MORTGAGOR to duly, promptly and fully periwm, d~scharga executs, t(fect, oomplet~, ca++ply w~~h aod abide by each and every the itipulations, ~greemenn, conditions, ~rd coven+~b of ~aid promiuory note ~nd thif morty~pe arGy a either. and said costs, chsrges and expen~es, eacfi and every, th+ll b~ immediately due and p~yable: whcther a ~wt thcrt be notice ds m~nd, ~tttmpt b tolkct w svit pending; +nd tM full amo~ot of eacfi ~nd every such payme+?t sMll bear interest from 1he date thereof until p~id ~t the ra~e of nine pa crntum per annum; snd all said cdsts, charges and expenses ieKVrred w paid, topether with wch intKest, shal) b~ Ntured by ths li~n of tha ; e. ih~t (s) in the event of ~ny breach of this Mortgage or default on the part of the MORTGAGOR, w(b) in the evem any of~uW s~~ms-afima+ef--- herei~ referred 1o be not promptly and fvlly paid within thirty (30) days next after the same severally become due and payabk, without demsnd or notice. or W in the evMt each ~nd wery the stipvlatioes sgreement:, conditions and cove~sn» of ss~d promiuory note snd thi~ mat~a~e ~ny a either ~re no4 iuly, promptly u~d fully performed, discharged, executed, effected, tompleted, complied with and abided by, then in either a any s~ch went the said eg pre~h wm mentaned in said promiswry note then remaini~g unpaid, with intaesl scuued. and all moneys securQd hereby. sM1I betome dw and p~y~ •bte fW1MN11Iy Of fI1lfNftN~ at the option of said MORTGAGEE, as fully and comp~etely as if all of ~he said wms of money were originally uipu~~ted to be paid on•wch day, anything in sa~d prom~asory note or in this AM1atgage to the contwry notwirhstsnding; and there~pon o~ thereafter st the optia+ of said MORTGAGEE, without notice or demand, suit at law or in equity, therefore o? thereaftN begun, may be prosecuted as if all moneys secured hereby ~ , ~ had matured priW to iri institutiOn. ` 7. That in th~ event that ~f the beginning of w st any time pending aoy suit upon this Nbrtgsge, d to forlclox if, or to refwm it, a to enforce j payment of any tlaims haeunder, said MORTGAGEE shall apply to the Court having jurisd~ction thereof tw the appomtment of a Receiver, such CovM shall fatliwith sppoint s:eceiver of said morfgaged property all end sing~la?, ir+cl~d~ng all and singulsr the income, profits, iswes snd revenues from whatever w~rce derived, esch and evKy of whKh, it beinp expressly understood, is F,e~eby mortgaged ~s if speufiwlty set forth and described in the y~anting and habend~m dauses hereof, and such Receiver shall have all the boad and effecrive funct~ons and powen in anywise e~truited by a Covrt lo s Receiver, and wch sppointment shall be made by such Court as an admitted eqvity and a matter of absolute right to said MORTGAGEE, snd without refereoce to the adequscy w in~deq~acy of the value of the prbperty mortgaged or to the sonrency or insolvency of said MORTGAGOR w the defendants, and that such rents, profin, income, issues and revenues ihsll be applied by such Receiver sccordiny to the lien w equity of aid MORTGAGEE and ~he praciae of such Court. ~ 8. To duly, p?omptly and f~lly perform, diuharge, execute, eifect, complete, comply with end abide by ach and every the stipulstw~s, agreertKnb, conditans ~nd covcnants ~n said pr«n'~sswy ~ote and thts mwtgsge set fath. 9. That in the event the ownership of the mortgaged premises, w sny part the~eof, becomes vested in a person othe? than the MORTGAGOR, ths ~ MORTGAGEE, its succruws and auigns, may, without notice to tF~e MORTGAOR, deal with such successor w successor in interest with refcrence to this ~ mortgags ~nd the del+t hereby secured in the same manner as with Mortgsgor without in a~y way vitiating or dixharging the Mortgagors' liability hert under a upon the debt he~eby secu~ed. No sale of the prcmises hereby mortgsged end no fwbearance on tF?e part of the MORTGAGEE or its successon a auig~s and no ezt~nsion of the time fw the psymeM of the debt hereby secured given by ~he MORiGAGEE or its ~uccessors w assigns, ahall operate ro ~etease, d~xharge, modify change or affect the wiginal liability of the MORTGAGOR Ixrein, either in wFak w in part. 10. It is spec7fica1ly agreed that time is of the esserxe of th~s contrad and that no waiver of sny obligation hercunder or of the obligaYan sr ~ cvred F?ereby shall at any time thereafia be held to be a waiver of the terms hereof o? of the instrument secured herby. 11, t for o: monthl ments of rinc" I and interest r uired b the omi note sec~red hereb mort nts and agreef~e-* mortgagee with each monthly payment an addirionsl sum estima~ed by mwtgagee to be equal to 1 12 of the annual cost - ~ 'ng: A-All real property taxes levied w asus ' the above described real estate ~ 8-Premiums on fire and windstwm inwrance as herein r uu ne on the improvements sitwte on 1F~e above described premises. C-Premiums on svch mo?tgsge guar e as mortgsgee shall from time fit to tarry o~ the loan secured hereby. ~ Mwtgagee sh o time notify mortgagor in writing of the amount due and payable hereu h svm shall therevpon be due and li payabte on t ue date of thr next monthly payment and each svccessive month thereafter urtit mortgagee shall noti y f a cFwnge in wch ~ amount. " sum ' e premiwns. i IN WITNESS WH EOF, the said RTGAGOR has Fxreunto set his hand and seal the day and yesr fint aforeaaid. ( ~ Sipned, kd deliwred in esence of: C~~~ (Sea4 n ~ STATE OF fLORIDA ~ St . Luc ie ~ courmr oF - Before me personslly appeared A. L. 1..@wis C013 Christine ~RW1S his wife, to me well known and known to me to be the ind'nidwls described in and who executed the foregoiny instrument, and acknowledge~ before me that they executed the same for the p~rrpoaes r~.~~~ .xP.~s~ed. n,~d r~+e .~~a Cola Christine Lewis wife o4 the said A. I' • ~ W 1 S upon a separafe and private exam'uatan by me taken separate and apa~t from her said h~sband, scknowledged to and befwe me that the executed said irotrument freely and volun- tarily and withovt arqr compulsan, constrsint, appreFunsi n feu of w from her ssid husband. WITNESS my hand and official sdal thi ~ day of 'Jul A. D. 19 68 ~ ~ ' , Notsry Public in u+d iw the State of F{orid: at lar~e My Commiuion eapires: Return To: F~ F~a.~.~ s~„~~. 6~~ n~«~a?,o~ pN0' FtECOROE~~ , Of Fort P~erce. F~LE~ COUNTY. F~-A' MOTARr ~YiUC. iTATE OF FLORIOA At LARGE Fon Pierte, Flwida ~'jT, LUC~E ~~~~.jr.~n MYCOIIMAl5S10N EI(PIRESNOV. Z6, {971 R~ ~OrwLO Tn~ouwl EwcD tlr. D~ssTS~MOws. ~~*a ~ ; ~ = . This instrument pre~red ~ , 17 (~I 10 . 35 ; . ~ ; . a . • ` ~ i 68 . First Federal Sav. & loan A~sn. ` of Fort P~ :.o~Tz~s . _ ' : Q f ~a . - ~ = By K' ` CUIT COV R? - - C - ` : CL R b~gRa e~~,,~ ~v' .~``~y; 80i11t 1~ PAS~ ~i~ . ~ - . • • , ~ ; ; , r . ~ ~ ` - - - - - ~ , _ . : ~ -