The URL can be used to link to this page

Home My WebLink About0631 . ,y- , ; 4'. . 1 ._..S ~.,s~~ S. To pl~a ~nd oontimwusly ke~p on th~ buildinps now or MreahK ~itvaM on s+id (u+d a~d on al) equlprMet and penoe+ily oov~?~d bY thk nwrl¢ p~, with ~II p~miw:~t thKea+ paid in full, fi~e insuwnc~ in t!» uswl sa~dard policy fwm, a swn ~pprowd by tM MORTGAGEE. ~nd wi~tonn imw~np In tM uwal pandard policy fam, in • wrn approv~d by tM MOItTGAGEE; in wch tomP+nY a ca"P+^~y +f tM MORTGA(3EE nNy dinctt and a~i fin ~nd windswrm insw+na POIKiOi on any of siid build~np~, ~ny imensf tFwNn a part tMr~of, in th~ ~ppr~p~~~ wni afw~said a M u~uu tlwnof, sMil cont~in th~ uwal tt~+dud mor~ya~e cl~us~ or tuth othK clause ~s th~ Mortp~ n+aY nquir~. m+kinp tF» Iws w+dK s+id pdi~ clp. ~ach and ~wry. p~Y~bl~ to uid MORTGAGEE a ib interest may appNr. and tach ~nd ~wry wch poliry ~hsll be p~anpty ~ss:yn~d +^d deliwr~d to ~~y Mid by s+id MORiGAGEE as fwiMr s~t~uity to s~id monpap~ dtbt, u~d, not Ins tl?~ tM (1~ dayt in ~dvu+a of tM ~upir~tion of wch policy, to dr Iiwr ro wW MQRTGAGEE ~ rtntwal tF~wf, top~th~ with ~ ~aceipt for tM pnmivm of such r~walj and ~hen ~h+ll b~ no fin a windstam inwr~ pl~aJ an any of wid bviidinps, any intenst tM~~~n w paN ths.~of, unleu in th~ form'M+d with th~ loss p+Yabl~ ~s afa~saWr +nd io tl+~ ~wnt any swn of nqn~y beeaeKS p+Yabb ue~r sueh polieY o? Potiews said MORTGAGEE shall Mw tM option to ~eosiv~ and +pply tla sunt on aeoo~nt o~ th~ ind~bt~ rnsi s~cw~d I~~py a 1o psrmit s~id MORTGAGORS to ~eaiv~ a~d us~ i1 w ~ny pa?t thereof for othe~ purposa. Without thaeb~ w~ivi~y w impain Inp any puiry, li~n w~ipht unde? or by virtw of this mortp+p~t +~1 tn th~ ~veot wid MORTGAGORS shsll for any Kason fail to keep the said pr~+ni~es w tnsvhd. or f~il fo d~liva promptlY any of s~id policits of inivnnn to s+id MORTGAGEE, a fsil prompdy ro psy ful(y +ny premium thersfa o~ in sny nip~ef f~i) b pKfoen~, dixharp~, ~xacvt~ tffM, compl~t~, oomply with and ~bide by this covenanl, or +ny P+rt 1~wf, said MORTGAGEE may pl~p +nd WY fw ~uch in~vr~nc~ a ~ny p~A thKeof without walvtnp w ~tf~dirg ~ny option. ~kn. p~~b, or iphl undK or by vi~tw of this Mat~+p~. ~~d tM full Noount of ~ath ~nd w+ry such p+ymenf sh~ll M imrnediaMly dw and p~y~bl~ and shill bsar intKest fram tM dat~ therwf until p~id M tiN raM ol nin~ pK centum p~? ~nrwm ~nd toyeth~? with wcA interat ~hsll be sen?red by tM li~n of this matp+p~. ~ 4. To pKmit, aomnit or suffa oo wut~. impairment a detKiowtion of said property w a~y p+A ther~of. ~ 5. To pay all and sinpula? tM•oosn, cMrpa +nd ~xPe~ses. includiny a rc+sonable ~ttwney'~ fee and oosts of ~bstrsct~ of titl~, incunad o? p+id at j ~ny tim~ by s~id MORTGAGEE, b~ta~s~ or i~ tM ~vent of tM failvn on the psrt of 1M aid MORTGAGOR to du~l/, prompttr and f~lly p~?fwm, discM~ ~ axecutt. ~ff~ct. oompkt~, compfy with aod abid~ b~r ~ach and every tM stip~lations, sgreaments, co~dition~„ and oownann of said promissory not~ ~nd this , mortQ~ ~Mr a sithe?. and sa~d cosM, charges ~nd ~xpenses, each and every, sMtl b~ immediately due and pay~ble: whetMr or not tl~~ b~ ~+otici da m~nd, ~ttempt to cdlect a wit ~endirgj and ths full arraw?t of ~ach and svery svch psyment sh+ll bea. inte?est fram tM d+t~ thereof untit p~fd at the rate of nur pe? aentum per ~nnum; sad all s~id tbsts, chsrges and expenses intvrred or paid, topether with suth int~r~st, ahall b~ Ntv~ed by tM lien of thi~ mw~9+W~ b.~ That (~~in'the went of any breach of this Mortysy~ w defauh on th~ pa~t of the MORTGAGOR, or (b) in the eveat ~~+y of ~Fd wms of money he?e1n nferr~d te b~ pol popmPtly ~nd fully psid within thirty (30) days next aft~r the same severally become dw and payabl~. wilhout demand w ~otite, or (c~ in tM ~vMt eath and ~wry the stiqrlations, ~greemenb. conditian and coven~nts of said promissory not~ snd this mwtpape any a eith~r u~ no1 iuly. promptly and fvlly perfwmad, d'wchargsd. exec~ted, ~ffected. completed. compl~ed with and abided by. then in either or aoy such ~ven1 tM s~id ag pre~t~ wm m~ntia~ed in ssid pramissory not~ then rem~inirg unpaid. with inte?est acuued. ~nd all moneys secvred herebY. slwll becorne dw snd p~y- •bl~ fathwith, o? thK~sfta, at the option of said MORTGAGfE, u fuly and completefy ~s if all of the ssid sums of money were oripinally ttipul~ted ro be paid on such day, snythinp in sa;d promiuory noro or in thia Nlortg~ge to the conrrary notwithstanding; snd thereupon or thereaher ~t the option of ~sid MORTGAGEE, without notice w ckmand, wit at law a in eqvity~ 1AlflFW! Of fI1lfNNN begun, may be prosecuted ~s if ~II aaneys fewrd hartby hsd m+wred prior to in uutitutan. 7. That in ths event th~t st the beginning of a st any time pending aay wit upon this Matgage, or to forsclose it, or to roform h, w to ~niaa psyment of ~ny daims herew+der, said MORTGAGEE shsll ~pply to the Court having jwisd~c:ion thereof fa the appantment of a Receiver, tuch Covit shall fwtlivvith appoint a receiver of said mortyaged property all and singulu, includ~ng all snd singular the income, pofits, issues and revenues from what~ver sowce derived, eith snd every of whith, it being expreuly u~derslood, is I+ertby mortgaged as if specifitalty set fath sed destribed in the 9ranting and habendum ctauses hereof, and :uch Receiver sFwll have all the brosd and effective funct~ons and porwert in aoywise entrusted by a Covrf to a Receive~, ~nd wch appointment sF?~II be m~de by such Coun ~s an admitted equity +~d s mstter of absolute r'ight ro said MORTGAGEE, ~~d without reference to the adequacy p inadequacy of the value of the prbperty mwtgiged w to the sonre~cy or insolvency of said . MORTGAGOR w the defendant~„ and that such rents, profits, income, iss~?es and revenves shs~l be sppliad by svch Receiver accordinp to the lien a equity of said MORTGAGEE and the pracliu of such Court. 8. To duly, promptly and fully perform, ~scMrge, execute, eHect, complete, tomply with snd abide by eacA and every the stipulations,, ayresmenb, i conditans a+d covenants in said promissory note snd th;s mort9sge set iwth. j 9. Th~t in the event the ownenhip of the mortgaged prc~mises, w any pan thereof, becomes vested in a penon other than the MORTGAGOR, tM ~ MORTGAGEE, its sutcessors ard sssigns, may, without notite to the MORTGAOR, deal with such suuessor w sutcessor in inttrest with rcfaence ro this ~ mortyaQe and the dcbt hereby secu~ed in the wme manner ss with Mortgagor without in any way vitiating p dixharging the Mortyagws' liability lkra { under a upon f'ne debt hereby secured. No ssle of the premises hereby mortgaged and rw forbearance on the part of the INORTGAGEE or in suctesson ~ or auigro and no extension of the time for t1+e payment of the aebt hereby secured given by the MORTGAGEE or its svccesson or auiges, shall operat~ ro rekue, diuMrye, modify change w affecl the original liabiliry of the MORTGAGOR F?erein, either io whok or in part. 10. It is specifically agreed that time is of the eucnce of this contract. and that no waiver of any obligation hereunder or of the oblgation se- a:red hereby shall at at~y time thereafter be held to be a waiver of the terms hereot or of the instrumeM setured herby. . 11. In add~tion to tFro forego:ng monthly payments of princ:ppt and _inte.est. required by the promissorye note secured F~reby, mortgagor covensnts and ~yrees to psy to ~lwrtgsgee with each monthly payment an adc~itibi~sl stim est~msted by mortgagee to be equaMto 1/12 of the annual cost of the follow- ing: ~ A-All real property t~zes lerried w assesssd againu the a~re. desodbed resl~ estate. ' i B-Prem+ums on fire and windstorm iruurance as herein requ~red to be carried on the improvemenri sitwte on the above destribsd premises. ~ C-Premiums on sqch mortpag~=guar~nty:insurar~ce ss mortgsgee shall from time to time deem fit to carry a+ tht loan secured hercby. Mortgsgee shall from timc to time notify mortgagor in writing of the amount due and psyable hereunder and such wm shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a clwnge in wch ~ amovnt. Such wms shall be applied by mortgsgee toward the payment of real property taxes, insurance prcm:ums, and mortgage guaranty insurance i p?emivms. j IN WITNESS WHEREOF, tfie s~id MORTGAGOR has hereuMO set his hand and sesl the day and year first aforesaid. ~ Sip S~al~d and deliver ' the presence of: . ~ c~e~n . ~n Gu-~ ~ ~i ~s~~n . . ~--n / ATE OF PLORIDA ' COUNiY OF $t. I.1iC~• ~ . t defon ms perwnally appearcd G~orge Coleaan M~lSI COZlSiA his wifc, to me well known snd krawn to me to bs ths infiividwb described in snd who executed the fweyoirg instr~ment, and ~cknowledged beforc me tMt they executed the ssme for the purposes ~~.e~ e~.~a. Ma rh. ,~;a Mary B. Colesan wife ot tFw said ClnrA! Cell~~i upon a sepuate and priva» exunin~Yan by me taken separste snd apart from her said husbsexl, acknoNrledged w+nd befae ms that she executed said instn?ment freely and volun- tarily and withovl aryr oompulsion, constraint, appreF~snsion, o feu of or from her said husband. WITNESS my h~nd snd official seal thi ~ day of Au A. D. 19 6~ ~ N ary Public in snd for the State of Fbrida at Lup~ My Comm~ssion expira: F{1;E0 AND REGORDE ' ~ .4;;s~: ; R~tvrn Ta ~ • ~rn Fsde~al sa~s a~wr~ /?ssoc~at~T. l.U~'i~E C~~Y. ~~,r Notary P~I'x, Sbte of florida tt luqe ~ r~?~~~ ~ Mr Camm:s~ion Ex~ires Sep~ 23 1969 Of Fort Pierce. ' ~ ' ~ ~ Fort Pierce, Florida .L6g'744~ _ h M.rKS. F:~ i Caw~ly Ce~ x - ~U~ ~uR `O F:?~'i ~ +i•! ~ ~ - This instrument prepared by First Fede~al Sav. & loa Assn. ;•J~T~~•~' ~~~y~- f Fo Pier ,.~cHK.~IRCUIT COUR7~ , . r _ ~ . . ~ ; ao$x173 ~ 623 ~ ~