Loading...
HomeMy WebLinkAbout0383 ~ ' ~ I ' i ' j f. 3. To plau and oontirwiovsly kNp on tM buildirgs oow or h~r~afta sih?st~ on sa~d I+nd +nd on +II equiprnet ~~d p~rwn~ly wv~nd by Mb morq~ ~p~, with dl pnmiw•A thKwn pa~d in h+i4 fin insur~nc~ u+ the vswl st~ndard polity fwm, ~n a tum ~pprovad bY th~ MORTGAGEE. ~nd wind~torm imur~na in tM uswl ~tanda.d polky fam, in • wm approv~d by tM MORTGAGEE, in such company or aomp+ni~s a th~ NWRTGAGEE n?~y dir~di and ~11 fin snd w'uidsan++ lnsvr~na policies on any of s~id build~nps. ~ny teter~s~ th~.~in a pan therwf, in tM pynpat~ awn ~foraaid or in ucaas the~~of, aMll aonqin tlN uswl standud mon9+~ el~vs~ a sueh o~hsr elaw~ u t1» MortyayN may nqu'~n. en+k{np tl+~ loss wKlu uid pd} ciN, ~+ch ~nd ~very. parsbl. a s+id MORTGAGEE a in ime~esr may ~ppNr. snd ayd+ +nd ~vM? s~d+ peliey shall be promp~h? ass:yned +nd dNivered ro any MW bp ~W MORTGI?GEE u fvrtMr secwity ro s+id mortp+~ dsbt. u+d. not less tha? tN+ (10) daYS in +dvsnce of th~ ~xpir+tion of Ncl~ policy, to d? liw~ b uid MOR:GAGEE a ren~wsl therwf. 1opNMr with a reuipt for ths p~miwn of svch r~wa1J snd tMr~ shsll b~ no fit~ or windstwm i~w~anc~ plapd on ~ny of ~id buiWinps, any iate+at tMr~in w pa.t tMrwf, vnless in th~ iwm'+nd wi~h ~M Iws paY+bk +s afor~~+~dj +"d i^ tM ~wet ~ny sum . of mon~y becon~s p~yaW~ unda wch polky w polic~s wid MORTGAGEE shall Mw tM optia? ro nceiw and +pPly tM sam~ on +aou~+~ o~ the ind~btsd~ ewss ~cvr~d Mnpy p Ip peimit said MORTGAGORS ro rediw snd use it a+ny put thereof for other purposq, without thtrob/ waivi~y a impair- irp any puiry, lia~ w ~ipht undK a by virtue of tAis morsyspsj a~d i~? tM ~veet said MORTGAGORS sl+~Il for sny rtason fsil to kKp ths s~id pr~mtsei so tnwred, w f~tl to d~I1vK promptly ~ny of s~id polities of insvnno~ b said MORTG/?GEE, or fail promptly M p~y fulty tny premiwn thenfw w in unr ~p~et fail ~o pKfocn~, diachs~~e, ex~cut~, ~fhct, eamp~~t~, comply with and ~bid~ by this eovenant, w a~y part her~of, ssid MORTGAGEE may plau ~nd p~Y fo~ wd~ irou~ant~ w any p~rt tMreof without w~lvinp w aff~dinp ~ny opYwn, IiM, puiry. or right wwl~ a by virtw of tAis Mor~9ap~. a~d tM full amount of Nch and way wd+ p+~+t ih+ll b~ imrnsdlatNy dw uid p~yabb and sh~ll bear interes: from tM d~» thKeof until paid M tl+~ rat~ ol nin~ pK ca+tun+ p~r snnvm and to~ether wirh wcA inte+est sMll b~ sacwed by tM li~n of this mat~e. To p~rmit, oomnit at wffer no wait~, imp+sm~t ar det~rlowYwn of said prop~rty or aMr put therwf. S. To pay ~II snd sinpular tM tosn, cha?pa ud ~xpenae+. i~cl~dirg a ressoosbl~ attornay's fee snd ooits of abstracts of title, iec~rnd w p+ld at •ny tin+s by wid MORTGAGEE, beca~ or in the wa+t of tM failwe on th~ part of tM s+W MORTGAGOR ~o du~y, prompty ~nd fuly pe~fa~n, d~xharg~ execvt~. ~ffed. compkt~, oomply with and ablds by each ~ed every the st~pulatiau, ayreements, conditiom, and cove~a~ts of said promissory noro +nd tFw j martyap~ a?y a atM~. and said costs, d+u~ ar+d exps~res, esch and every. sh~ll be immediatety due ~nd payabM: whethe~ w not then b~ notice ds mu~d, ~ttempt to aolkct a wit p~ndiny: ud ths fvll anaw+t of tsch u+d avery such paymem sh+ll beu interest from th~ date tMreof ~ntil p~id at tM rate of nin~ p~r centum per annum; and sll said obsn, c~wrses and e:pensss i~cwred or paid, ropether with such intK~st, sh~ll M s~cwed by th~ lien of tlw ^art0+pe• a. TMt j~) in the ewnt of any bresch of ~N~is Mortgape or defwlt on tFr part of the MORTGAGOR, or (b) in the eveM ~m of s+id suros of nae~y her~in refened to b~ not prompny and fully paid within thirty (30) dayt n~xt sfte~ the :ame ieveratly become dw and paysblt. witho~t damand w ~otice, or in the ~vent cach u~d every the stipulations, sgr~emsnb, oonditions ~nd toveo+nn of sa~d praniss«y note and this matyap~ ~ny w ei~her a~~ no1 ~uly, pranpdy ~nd fully paformed. dischsrped, executed, effected, completed, compl'~eJ with and ab+ded by, then in either w any s~ch ewnt ti~s said ag prs~p wm mentiomd in said promisaory note then remaininp unpaid. with imerest acaued. and all rtaneys secwed hereby. sMll bacome dw and p+y- sbl~ forN~with, a theraafter, at 1l+~ option of said MORTGAGEE, u fully and compktely +s if ~II of the said sums of naney vrer~ wipinatly stipvlated ro b~ paid on wd+ day. u?ythinp in sa~d p?omiuory note or in this Mortg+ge to the contrary notwithstsndinp; s~d thereupon a thereafter at tM optwn of , said MORTGAGEE, without noY~u or dem+nd, wit at lawr w in equity, therefwe or thereafter begun, m~y be pro~ecuted as if ~II mor~ys s~cur~d haeby - had m~wred prio. ro in irutitvran. ~ 7. TMt in tM event that at the beginning of or st sny time pending aoy wit upon this Mortgsge, « ro for«lose n, w to refonn it, q 10 MfOIp psym~nt of any da'~ms hereunder, sai.~ MORTGAGEE slull apply to the Court having jur~sdrct~on thereof fw the appantment of a Receiver, svch Court ihall fortliwith ~ppoiM s receiver of said mortysged ptoperty all and singulu, intludmg atl and singufsr the income. proiits, iuues snd revenues from what~ver soura derived, each and every of which. it being expreuly understood, is hereby mwtgaged u ii spec~fiuliy set forth and de:cribed in the snntiny and hab~ndwn davses hsreof, snd socl+ Receiver shall Mve ~II the brosd and effMive functans and powe?s i~ anywise entrwted by s Court to a Receivsr, and •uch appoimment shall be made by wch Court ~s an admitted equity and a matter of absdute right ro iaid MORTGAGEE. ~nd without refereec~ to th~ ~dequxy or insdeqvacy of the wlue of the prbperty morty~ged or to the sohrency w insolvency of said MORTGAGOR w the defeadants, end that such renh, profib, income, issues snd revenues shall be applied by wd+ Receiver sccordiny to the lien or equity of aid MORTGAGEE u+d the practiu of uxh ' Cowt. ' 8. To dufy, promptly ar+d fully perform, discharye, execute, effect, complete, comply with and abide by each and ~very the stipvlations, agreernaMs, cond'rtans and covenann in said ptomasory note and this mortysge set fwth. ~ 9. That io the ~vent the ownenhip of the mo~tgs9ed premises, a any part tFKreof, becomes vested in a penon other than fhe MORTGAGOR, the i MORTGAGEE, its succeuws snd auigns, msy, wi+ho~t not'~ce to the MORTGAOR, dcal wi~h :uch successor w successor in interest with refcrence to this ~ moitpa~e and the debl Mreby setured in the same manne~ as with Matgagor without in any way vitiatirg w disthargi~g the /..wtgagas' liabilify hera under w upon tM tkbt hereby secured. No sale of the premises hercby mortgaged and oo fubearance on the part of th~ MORTGAGEE w iri succeuon or auig~u and no extension of the time fw the paymem of the aebt hereby secured given by the MORTGAGEE w in successors or usipra, shall operate ~ to rekau, dlxMrqe, modify chu+ge or affect the origir?al li~bitity of the MORTGAGOR herein, eitFxr in whole or in p~rt. . € 10. It is spec9fkally agreed tFut time is of the euence of this contr~ct snd that no waiver of any obligatioi+ here~rrKkr w of the ob(ipatan se- a.red Mrtby sh~ll at any time thereafter be held to be a waiver of the terms hereof or of the instrument secwed Fierby. 11. le addition to the farego:ng moisthly payments of princ:pDl arxl interest required by the promiuory note secured hereby, mwigagor tovenants and ~grees to pay to mortgsgee with each monthly payment an additionsl sum estimated by mwtgagee to be equal to 1/12 of the annual cost of the folbw- ing: , A-All real property taxes kvied or assessed aga~nst the above described real eslate_ 6-Premivms on fi~e and windstorm insurance as F~een•requ~red to be urried on •the improvements sitwte on the above desaibed premises. ~ C-Premiums on such mortgage gvsranty imurance as mortgsgee shall from Gme to time deem fit to carry on the losn secured hereby. Mptg~gee shall from time to time notify mortgagor in writing of the amouM due and psysble hereunder and such wm ahs0 thereupon be due and ` payabb on the due date of the next monthly payment and each successive month thereafter until mortgagee sl~sl) notify mortgagot of a change in wch ~ amount. Such sums shall be applied by mafgagee toward the paymeni of teal property taxes, ins~rance prem:ums, and mortgage guaranty inswance ' premitNM. IN WITNE55 WHEREOF, the s+id MORTGAGOR has hereunto set his hand and seal the day and year first ~forasaid. ~ Sipmd, S al~d d~livK in t ptesence of: ` n • n i - n ! ~ j ATE OF FIORIDA • ' St. Lucie } courmr oF • ~ ~,,,~,iiy Robert R. Conkli.n ~'IdIV O• COi1~Cl~i1 his wife, to me well known ~nd known to me to b~ tM fndividwb described in and who executed the fae~oiurg,~ instrument, /a~nd~ aLdcnowledyed befwe me ti~at tixy executed tF+e same 1or tl+~ p~rpo~e~ f~1Hf~11 f7IpI!li~. Afld tFN Nld `'~ry O• ~r~11R1~ w;r. o~ tM „d Robert R. Conklin ~,p,~, a~„~ eauniiutan br rrw taken stparot~ and ap+rt (rom her said husband, adcnowledped to and before me that she execut~d said instrvm~r?t h~elr ~nd volwr ruily and without ~ryr compv{sion, constr~int, spprehens~«+, w fe of w from her said husba ,,~~~~•.,.H:;~,: ~ WITNESS my i+~nd and official ~eal tl~i+ day of Au ~t iA.~ •tq 68 ~ ~ ~ . ~ ~ otary Publit in ~nd for the S of;~bri1M t~atp~ RNwn to: FILED AN0 -RECORDEd" - = ` ~ ' , - wn f.d...i s+~W+o+ a~ k.«~+f~„ ~$T. LU,~CIE COUNTY. FIA. Notar~? P~b~c• ~ s o~Fl~tid+ ±t.ta~le= c:~ OF Fo~t P~cres. ~ L 1v~~V~~~J S Ir.+t r~ ~y ~p~liflpjt~~. ~ 23.' ~ i Fo n Vierca F tw~ da WsMd b A ly~ i~~or~7 a- ~ ` i~ . n~ '68 AUG I 3 AH l0 : 40 , ~ q,a3-~CFi This inshument prepared br • Frst Fe~eral Sav. b Loan Assn. ~ 0~? R:.S or Fo~t ' ~~~RK ciacuiT couRT ~ . ~ ~ - ~173 ~ . ? 3~i _ f ~