HomeMy WebLinkAbout0129 To pl~a and oonti~wio~nly kNp o~ fM buildin~ now a Mr~+fi~? ~ifwt~ on said land ~nd on atl equipnsM and psaon~lly oovK~d by thi~ nwrq~
p~, with ~11 pr~miw.^4 thsnon pa~d i~+ fi+l~, f'a~ inwwrtc~ in th~ ~swl ftanda~d policy (am. ~n + wro approwd by tM MORTGAGEE. ~nd wind~tonn
imwana in tM uwsl uanda?d po1~h? fo~~n, in • wm ~pprovsd by tM MORTGAGEE. in iuch oanpanY a cahpa~i~s as th~ MORTGAGEE m~y
dk~lt ~nd aU fk~ ~nd wi~?orm iraw~na polkie~ on +nY of s~id build~np~, any k?ra~st th~.Nn o? pat tMnof, te tM app~e~h sw~ afaa~id w
In ~xo~a thsnof, ~MII conqin tM uwal standard matya9et d+vs~ a:~ch aFwr daus~ a tM Mortp+~ e++Y nquu~. makinp ti~ bu wxla said po~E
cia, .ach and .wry. P~rab1. a saFd MORTGAGEE a in i~Nrat nuy .pp~+r. and esch and •wry wch policy sl+all b. p.anpth? u~~ncd ~nd d.liv...d ~o
N+y MW by sak MORTGAGEE s} fwtha ~ecvrib ro w~d matya~ deW. ~nd. not I~s~ than t~n (10) days in ~dvanu of tM ~xpintion of ~ach po1kY. ro eN-
liwr to s+W MORTGAGEE a re~wwal tMnof. top~thu with a nnipt for tM pnmiwn of wch ~~+kwal; ~nd tMn shall b~ no fin o? wi~twm in~wancr
pl~cad on ~ny of wid (wild'ag~, any M?t~rat H+~r~in a put tMnof, vnless in th~ fonn' and with tM bss pay~bl~ +s afor~s+~dl ~nd tn th~ ~wnt +ny wn:
of mo~y b~C~p~y~ p~yaW~ u~dK wch policy w policNS said MOR?G/1GEE ahalt Mw ti» option b noeiw and apply tM s+m~ on aaou~t o~ tlw M+d~ptd~
na~ s.cw.d Ir.~by w a pKmit s+id MORTGIICORS ro?eceiv and ~ne N a a~y put thereof fa o~he~ purposes, wirho~t thareb~ waivinp or imp+ir-
inp ~ehr puity. li~n w ripht und~~ or by virtw of this mortyaq~t +~d in tM ~vent uid MORTGAGORS sh~ll fw ~ny rtason fail to kKp th~ ~+id pnmi~es so
inwnd, a fall to d~Iive~ p~omptly u?y of s+id policies of i~uwaw to said MORTGAGEE, w f~il p?omptly ro pay fully any pr~mivm ther~fo? a in ~nr
napM f~il b pt~fan4 dischi~y~. ~x~tuN. ~ff~tf. compbt~. complY vvith and ~bid~ b1? tF~ covenant, a any psrt her~of, ssid MORTGAGEE may platr and
WY fa wch iiawano~ o? any put tMnof wi~hout w~lvinp or ~ff~ctinp ~ny opt7on. INn. pu7h?. w ri~hf u~ a by virtw of this Matp~, and tM
fYII i11fONl1t Of NCI~ Mld WMy i1KI1 WY1Mti iAiII bf i1NlNdlillly fI1N ifld ~fiy~~ N1d ~IHII b!!? I~1hfH: from tM dat~ thKeoi w?til paid N th~ ~at~ oi
111M pN CWItVIII PM afMNl111 M1d fOQtt~1Qf Wlt~l ftK~1 G1Tlf!!t i}N~~ b! ilCYfld ~ f~N ~~M Of t~ lllOftQiQl.
1. To p~rn~iy oonu~dt or wff~r no w+st~. impairment a deteriw~tan of s~id propKb a+^Y P+~ t}~e?wf.
S. To p+y ~II ~+d sinpvlar th~ .coats, cMrp~s and expemes. iMlud'ug s reasa~abl~ attorn~y'~ fe~ and aoin of ~bsn~cts of title, incvr?ed w p+W +t
any tinr by said MORTGAGEE, b~cavs~ or in the swnt of ths f~ilwe on th~ put of the s~M MORTGAGOR to duh, praep?h? ~ad fv~b PKfwm, dixMry~t
~x~cvt~, ~ff~d. oomPkM. aomPh~ with ~nd ~btd~ by ~ad~ ~nd every tl+~ stipulaYarw ~p~^n. eoeKlitioro. and oovenanb of aid pranissory eWe and tAis
mon~+p~ ~~r or eitMr. aod w~d oosa. dw~es snd ~xpa+wes, exh snd ~very. sMll M iewnedi~tely due ~nd payable: wMthK w oot tMr~ b~ notia da
mand, arnmpt b cdlact w wit p~nd"rgs +~w! tM fvll arnount of esch u~d wery wd+ p~Ymem shall bea. i~ter~st from the dat~ th~reof until p~ld ~t the
rate of nin~ per ceetvm pM ~nn~xnt +nd all isid o5sn, charpes and e:penses inannd a psW, topether with wch iatKat, sh+ll b~ sacwed by th~ IiM of tlws
mortp+D~.
0. i1+~t W tn tM w~nt of any breach of this Mort9ape or d~f~vlt on Nr part of the MORTGAGOR. a(b) in th~ went any of ~+id wms of ewn~y
henb nf..r~d ro be nor promp~~y and fu11Y p+id wi~hin th~?ry (30) days neYt ~itcr the sam~ sevsrallr becan~ dw and pay+bte, witlw~t dsm~ad or notke.
or (d in tM wMt tach arw! wery tl+~ stipulatioos, sqreanents. cond~ti«u and covenson of a~d pranisso.y note snd t1w morf9ap~ any a s~ther ars na
luly. promptlp and fvlly performed, d'uclwrped. executcd, ~ffected, c~ompleted, complied with snd abided by, then in eithe? w any such ~vent tM said ap~
prs~M swe m~ntiorwd In said promiuay not~ then remainirg unp~id, with IAtKl31 KUUtd, AI~ a11 moneys secwed henby. aMll bacom~ dw a~d p~y~
+bl~ fwthwith, a thsreahM, at the option of said MORTGAGEE, as ivlly ~od completely u if all of the sa~d wms of monay wer~ oripindiy atipul~ted
to be pa;d on such day, anythiny in asid promistory eote or in fhis Mwipaye to the oontrary notwithstsnding; and thereupon a thereaher at tM option of
•aid 1NORTG/1('sEE, without nor~ or demaod, wit at la~v a in equity. iF~ltlfOt! Ot 1F1ltNftN bey~r4 may be prosecuted as if ~II moneys sewr~d hereby `
had m.rtxsd pia ro in imtiwian. ~
7. Th~t fM went that at the beginning of w st ae?y tim~ pendinp aoy wit ~pon this Mortgsge, or to fueclose it, w to reform it, or to enfwce _ j
payment of any daims herevr~de~, said MORTGAGEE sha~l apply to the Court having jur~sdrction thereof ior the appantment of ~ Reteiva, wch Couit shall
Fwtiiwith ~ppoint a receiver of said matpaged property all ~nd singulu, includ~ng ell and singulsr the income, prof~ts, issues and revenues from whatw~r
wwa d~r'~ved. each and every of which, it being expressly underitood. is hereby mortgaged as if spec~fically set fath and desuibed in the y.~ntinp and
hab~ndum cla~nss hsreof, u~d such Receiver shsll Mve sll the bro+d and effective funct~oro and powe?s in ~nywise enuusted by s Co~rt to a Receiver, and
wch sppoi~tment ahall be m~de by wch CouN ai an sdmitted equity and a m+tte~ of sbsolute r~ght to s~id MORTGAGEE, ~nd without roference to the
ad~qvacy a M++deq~r+cy oi the value of the prbperty mor~gaged or to tl+e w~vency or insotvc~cy of said MORTGAGOR a the defendanq, snd that such
rents, profits, incane, issues and revenues shall be applied by such Receiver accord~ to the lien or equity of s~id MORTGAGEE a~d the p?actica of such
Court.
8. To d~ly, pranptly and f~lly perform, dischuge, execute, effect, complete, tomply with and abide by each and every the stipvlstions, agreemenb,
conditioru and covenanb in iaid promiuay note and this mortgage set forth. .
9. Th~t i~ the event the ow~ship of the mortgsged prcmises, or amr psrt thereof, becomes vested in a person other thsn the MORTGAGOR, tl» :
MORTGAGEE, tn succeuws snd au~yns, may, w~thout notice to the MORTGAOR, deat with such waessor w woceisw in interest with reference to this '
mwt9~ and the debt hercby secwed in fhs same ma~ncr as with Mortgsgor without in any way vitiating or distlurging the A.onysgon' li~bility her~- ;
u~der w ~pon the debt hereby secvred. No sak of the premises F~ereby mortyaged and no forbearance on the part of the MORTGAGEE w in s~ccessors M
w suig~a and no e:tension of the time for the payment of the debt hereby secured given by tM MORTGAGEE o? in svccessors w ass~gm, shall operate
ro rel~u~, diuMrpt, modify ch~ng~ or affect the orig~n+l liability of tlx MORTCtAGOR here'uy either in whok w in part. i
10. It a spec~fically agreed that time is oi the esse~ce of this contnct and that no waiver of eeryr oblgation huev~der w of th~ oblig+Ywn ~e-
c,:r.d hsrsbp shau a~ .ny r'uns ~heroaher b. held ro be a wa~ver of the ~e.ms her~of or of the instrument aecwed h~rby.
11. In addition to the fwego:og monthlY paYments of princ'p,l and inte~est rcquired by the p~omiuory rale secured hereby, mortpagor covenanfs
and ~prees ro pay ro mortgsgee with esch mor+~hly payment an add~tionsl sum estimated by mortgsgee ro be equal ro 1/12 of the annual cost of the follow-
iny:
A-All real property taxcs kvied w sssessed against the above described resl esqte.
~ 6-Premivms on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above desaibed premises.
1 '
i C-Premiums on i4ch mwtg~ye g~ia?snty insursnce as mortgagee shall from time to time deem fit to carry on the losn setu~ed hereby. ~
I Mortyspee shall irom time to time ratify mo.tgagor in writinp of tFro amount dve and paysble heteunder and wch wm shalt the~wpon be due•and
~ payable on the due date of the ne:t moq?hly payment and each successiye month thereafier until mqrtgsgpe sh~ll notify mortgagw of s chanpe,in wch
' amovnt. Such swns shatl be applied by matgagee toward the payment of real property taxes, inwrance prem:ums, and mortgage guaranty iotunnce
premiunq.
IN WRNE55 WHEREOF, the ~+id MO AGOR has hereunto set his hsnd and sesl the day and yeu fint aforesaid.
Siprwd,, S~ ~~and deliw? in the ence of: • '
~
•n '
* v n
n
~
es De a ~~e~ ' r (~--q
~--n
STATE OF PLORIDA ~ I~i N{.? ~11 ~ S - ~
e ~
courm oF _
e.ro~. m. p...o~.tly .pp....a Dav3d Focten .~a
Delta Roden his wife, to me well known ~nd known ro me to b~
ri+s individvab daai~ed b~nd who ~xecuted rh~ faeyoinp in:rrument, and sckrawledged before rr~e Mur thsy ~aecuted th~ iicn~ far~,rFN•,purpos~s ;
rM.~in .xp..ss~d. ~?na rh. s.~d Del t a Roder? ..~c T........;; Q e
wir. o+ ..d David Foden yppli ~.~pa
tir.•:+~d t~3r•~
Q:~mination by mt taken sepa+at~ and apan from her said husband, ~cluwwtedyed b and before m~ that sl+t ezecut~d uid-'wW t`k~tly~~n3 ~
~uily and w~thaA ~rbr canpubion, constraint. apprsha+s~on, oy f~H of or from Mr aid husb~nd ~
y ~'0.
WITNESS my Mnd a~d offiwf seat this d~ of ~
~
Nqt~ry Pyblic in ~nd f« t Nt~ o~. '~N C~:
, , V
a.n,r„ Te: FILEO AND RECORDEpr ,~0 1
~ F.d...~ s.r+~. s ta.r, ~«~~r~«, ST.•LUGIE COUN7Y. FIA. '~~~~<<~,~
O( Fat P~erce. F` U ; A~ J ~A
Fort Pierct. Fla~da .ib~r~ ~,~%~'y''~• 7 ~ i
' '68 Atl~ 7 AN t0:33 ~
This imtrumertt prep'red .
First Federal Sav. b loao A,u . r?~u; t t~ c~ s
o f FOrt ' CLERK CIRCUIT COURT
. •
6~r. ~ .
~ a~K 173 P~~ 128 - ~