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HomeMy WebLinkAbout3001 ~ `~i~~'J To pi~a ~nd contMwiov~H Iu~P on tM buitdi~ now w her~af»? atua» on satd tand and on ali puipn~t and Paso~a~h? tor+nd bY th~ ^a~p' p~, witl~ all pnmiw+~ tMr~on paid in full. fka iruvranct in tht vswl ~qnd~rd policy fo~ny ~n a swn ~pprov~ bp tM ~MORTGAGEE, and wlndt~ krwana h th~ ww) uand+.d policy fonn, M a sum approwd by tM MORTGAGfE. M wd~ oomP+^Y a? aor^Pi^i~s M tM MORTGI?~iEE dk~dt and all fin and wuid~wren kaw~na polkiN a+ ~ny of Nid bViWitpt, My i11Nfq1 fF~ltfin M part thft~Of, In tFr apprp~M wn~ afo~ss~id a in ~xaa ~hK~of. ~Mll cont~in ~M vwal qandad maq+ph cl+ust or wd~ ah.r daus~ a d+~ Mor~qay.. mar nq~K~. m+kin0 th~ loa uedM s+id pol~ ciM. Mcl~ ~nd wwy. WYabb 1o saW MORTGAGEE q ih inhrest nwy app~~/. and Nch ~+d ~vwy tud~ polky ~MII b~ pran+ptty sa:9Md ~nd d~liwr~d to ~ny h~ld by s~W MORTG/1GEE a fvrthsr ~cv?ihl ro aid matp+p~ d~W. aod. e~w I~a th~r? t~n l1C) d+ys i++ ~dvano~ of tM expk~tion of ~ad+ policl?. w dt Uwr b s~id MORTGAGEE a nn~w~l th~nof. wp~~hK with a reuipt fw tM pnmium of wch r~wal~ and tMn sMll b~ no fin a windstonn inwru+a pl~ad on w+y of aid buildinp., any inh.at M»nin a pwt tF?Hwf, w+l~ss M tM fani and with tM loas p~yabh a afa~+Ndr and in tM ~wnt any swn of maNy b~Ca~ p~yabM wd~ such polky a pol;ci~s wid MORTGAGEE sl+~ll Mv~ tM option eo naive and appy tM sa~ on ~ooount o1 t?r ir~bad~ Mp ~cw~d Iwnby or to parmH ~aid MORTGAGORS 1o reaiw a+d ~ N a ~ny part tl?~reof fw oti+e~ pwposes, wi~hout tha.eb~ w~ivinp a imp+ir- ~np +nY puib. IfM w riphl u~~d~r w by virlw of thb mortpap~t and h tM ~wnt wid MORTGAGORS sMll fa any r~ason f~il to keep th~ aid pnena~s w imw~d, a fail b d~Uw~ promptly ~ny of M~ POIitNi OI IIqIN1f10~ f0 MW AAORTGAGEE. a iail promptly M p~Y fullY any pr~miwn tha~fa or M+ aMr h~p~p Ail b pMfo~n~, dhd~up~, ~xewt~ ~ff~ct, campleN• complY with a~+d ~bid~ by thb covenant. p ilfy pi~f MflO~. said MORTGAGEE m~y plsc~ and P+Y for wd~ M~wanc~ w aMr pwt tM.~of without w~Ning w a~fMinp +~ryr oWion. ~ia4 puib. o? ~ipht und~? or by virtw of this Mat9+p~. ~nd tM full anauM of ~atl~ and ~wry wd~ paym~nt shall b~ 6ean~dbt~ly dw and pay~bb ~r+d ~h+11 bw intues: hom th~ dat~ tM~wf un~U p+id M tM raa ol nirn pa ant~m pM ~nnum and topNha wNh wdi inrerest shsll b~ s~curod by th~ li~n of tAts morqap~. 1. To p~mit. oomnN a suff~r no wat~. MeWirmeM a d~terior~tion of s~id propKt~? a~ny p+rt tMnof. S. To p~y all ~nd siipular tM•oat~. charp~s and exp~nws, includ~~0 + ~sa~a++bl~ +nweky'a fee and oosts of abst?+cts of titf~. N+cwnd a p~id at u~y tinw by wid MORTGAGEE, b~causs w in th~ ~wnt of ths i~ilwe on tM part of tlw a+id MORTGAGOR to duly, promptly ~nd fvlly psrform, dscM~ ~xacvh. ~ff~et ,oompt~te. aomP~V with and ~bid~ by eath ~nd ~very ihe stipul~lions, ~preema?q. c~oeditara. aod oow~+nb of ~aid promtiwry rah and tldt ~ mon~~ anr or ~ith~?. u~d wid costs, d~upe~ u~d expernes. Nch snd wary, shall be irmndistely dw and p~~bl~: wMtl+K a not tMr~ bs notioi d* mand, attempt to eolMct or wit p~dirgt and tM fvll M+wvot of each and wery wch paym~et ah+ll bcu intersit f~om /M d~t~ tMreof vntil paW at the rate of nteM per ctr?tum pK ~nnumt +~d +11 wid absts, chupa and expenses M~cwred or paid. top~fher with wch inlenst. shall b~ a~tur~d by tM li~n of thq mottpap~. 0. That in tht ~wnt of ~ny bnsch of thia Mwty+p~ w d~fault on tM p+n of the AAORTGAGOR. or (b) tn tM ~wnt any ot wid sum~ of rt~on~y henin nfxnd to b~ not prompt~y and fully p~id within thirty (30) days ~.x~ ~rr.. ~i+. s.m. ,.w.~i~y b~o„~. d~,. and P.y.bk. withovt darnsnd or noNCe. or (c~ h th~ ~wrp ~ach and ~very tM stipvlatio% s~reK~enb. coixlitions and covemnn of said promiasory not~ and tlas mwqap~ anp w ~ither ~n iwl iub. P~a^P~Y and fully p~rform~d, d;sch+rped, ~xecuted, effected. con?Pl~ted ~^P~ied with ~~d ~bided by, tMn in ei~hN w ~ny such +wnt tM s+id ~g y?q,~b wm m~r?tan~d in said promissay note thee remaininp uepaid, with inter~st acuusd, and all moneys ~ecured MrebY. sMll bec~x dw ai+d p~p abb forthwith, a tlwe~ha, at tM option of aaid MORTGAGEE, as fully ard comple~~ly as ff all of the ssid wms of ma+~y wK~ wiginally stip~lated ro b~ p~id p~ wch day. anythiny io s~;d promwsory note w in thls Mortysye ro the contrary notwi~hstu~dirg: ~nd therwpon a thereaher n tM option of s.id MORTGAGEE, withovt rwtics w d~mand, w8 at I~w or in equity tI~ltOf0~0 Of tF~QfNftN beyun, may be p~osecvted as if all moMys secvred hereby had m~twed (xior M its irotitvtion. 7. That in tM event th~t ~t tF+~ beyiro?inp of w at sny time pendi~y ~oy wi1 vpon this Mo.tyage, o? to foreclose it, w to ~roform lt, a to ~nfap ~ paym~nt of a~y diuns herevndrr, s+id MORTGAGEE sh~ll spply to the Coun Mvin9 jurisdiction thereof for the appantmeet of • Receiver, wch Co~it sh~ll fo?ttiwitl~ sppoint a receiver of s~id mwt~~ped property dl ~nd sirgulu, includug ~II srtd s~ngular the incon+s, profits, issws arld revenues from what~v~r wwct d~rived. esch and evary of which, it being expressly ~nderstood, is hereby matgaged u if specifically tet fwth ~nd desuibed in tM ~~antinp aed ! hab~nd~wn da~sa hK~of, u+d s~rch Reuiver shall Mve all tFw b.o~d and effecrive funcuons and powers in_anyqrnis~ entrwted by ~ Court fo a Receiw~. ~nd wch appointm~nt shall be m+d~ by such Court ai an ~dmitted eQuity and a matter of ~bsolute ri9ht to said MdkiGAGEE, and without nfe~ence to tM ; adeq~acy a M++deqwqr of the valw of the p~bperty mwtgped or to the solvency or insolvency of said MORTGAGOR W tht defen~nts, and ~hat wch ~ rents, profits, income, issues snd r~va+ues sh~ll b~ applied by such Receiver sccord~ny to the lien or puiry of said MORTGAGEE and the p~sctice of wch ~ Caxt• r 8. To dvly, prompty ana fufly puform, d'ischarye, execute, effect, oomplete, comply with and abide by each and tvery the stipvlatrons, apreame~ts, . ~ cond'dlom ~nd coven~~a in said promiasory note and this mortgsge set forth. 9. Th~t in tM event the orvnenhip of the mortgayed prem7ses, w sny part thereof, becomes vested in • penon othe? than tl+e MORTGAGOR, the MORTGAGEE, hs wccesson +nd auig~s, may, withow notice to the MORTGAOR, deal with ivch sucdasq w waessor in interqt with re(erence to this mwt9a~e and the debt hereby secured 'a~ the same manner u with Mo?tgagw without in any way vitiatinp or dischargirg fM Alortyagors' tisbility hera under a upon the debt hereby secured. No sste of the premises hercby mortgaged end ra fwbearance on the pah of ths MORTGAGEE a its successon w usigro and no exta~sion of the time fw the paymem of the debi hereby secured given by the MORTGAGEE or in succeswn a assigns, .hall oparat~ to reltas~, distMrpe, modify d~npe w affett fhe original liability of the MORTGAGOR he~ein, eithe~ in whole a in put. 10. It K specifically agreed that time is of the eucnce of this co~tr~ct ~nd tMt no waiver of sny oblig~twn hcrevnder or of tM oblipation sa a:red lwreby shall ~t iny time thereaher be held to be a waiver of the terms hereof a oi the instrvment secvred I~erby. 11. In addiYan to the fwego:ng monthly paymenb of princ:p~l and interest required by the promiuory note secured hereby, mortgagor covensnri and ayrees to pay to mortg+gee with each monthiy payment an ~dditional sum estimated by mortgsgee to be eqval to 1/12 of the annual cost of N~e folbw- ing: . A-All real property taxes kvied w assessed against ti~e ~bove dewibed resl e;tate. B-Premiums on fire and windstorm iruur~nce as htrein requ:red to be tarried on the improvemenis sitwte o~ the above desuibed premises. ' C-Premiumi on such mortgage gwnnty inswaoce as mortgagee shall from t~me to time deem fit to cury on the bsn secured I+neby. Morty~pee shall from time to time notify mortgagor in writing of tb~ amount due snd payabk he?eunder and such wm shall thereupon be due snd 'i payable on the due date of the ne~ct monthly payment and exh successive ma+th thereafter until mwfgagee shal) notify mortgagor of • cha~ge in wch amount. Such wms shall be applied by mortgayee toward the "paymenf of real p?operty tsaes, inswance prem:ums, and mortgaye guarantp inwnnte premiums. ~ IN WITNESS WHEREOF, the ssid MORTGAGOR has hereunto set his hand and xal the day ~nd yeu fint siwesaid. ~ . ~ Sipm S~ ~~nd deliwred in tht prese~ce of: w~~'~L ¢ ~i~~- ~ (SaQ ~ 0 ~ n ~ ~o STATE or~AO!l~,x NEW YORK ~ ~ = ~~~~~o M0~1~.0~ _ ~ ~,~,,,,ny Jack J . DeB ryne Esther B. DeBryne his wife, +o „~e ~t~ k~ .~d t~ w me w b. the Individwb dewibed i~ and who ~xecuted ths for instrvment, and acknowledged before me that thay exacuted the same fw tl~e ,qrrpo~ei ~ ~ ~ Esther B~eBryne - - : ~r~~«w~~~~T w;f~ u~ Jack J. DeBryne exnnin~Yan by m~ taken sep~rate ~nd apan from her said husb~nd, acknowted~ed to and before me that sM executed said irot t~rily and witlavt aiqr compulsion, constraint, apprehemion, or feu of a fmm her said Fwaband. -~J.•• .~!„~~~f~, rf ~ WRNESS my h+nd snd official seal thi• F\~•ST ~y ~ VQ~ V a~~;~ i - . .O~ ~ . . rx . • • ~ Not~ry Public n~+d fw tM S1aM of t/ 1 ~p ;s ~ t My Commission ~xpires: _ .A ~ ~ Wst F~denl Ssvinps~6 twn /lssociatan OEORGE H. WALKER, NOtaryPubQC', ~'•~s«..-~'''~ ~ FII„ED AND RECORD~D ~ts of New York. Monros CouM~? • Of Fwt P~erce. ''i° MY ComrtYssion Expt~s MarCh 80i a~. , ~ • ~ v~NU, Fb.~d. ' ST. LUCI~ COUNTY, FLN. - ~ FiT~_~na~., ~~~n~~-.~~ . This instrument prepared b •~f~, First Federal Sav, b LoaA Ass~68 S A(~ I I: 0 S - ~ of Fort Pierce 1s9306 _ ` - By J. D. Chastain ~ ~ 6:r}•:'t i? ;~V?7RHS ~ CLERK CIRCUIT COURT q } A~ ? 600K ,rr P~6f ~~t70t7 ' ' ' ck ~ ~ _ 3~_: " i d ~T -?:d . ~~.~a~e~s'a~~~' .5~-''.~` . . .