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HomeMy WebLinkAbout1779 , , S . 1 t + ' i I ~I A : i J To ptaa and conh~wousy kNp on tM buildi~ps now o~ M+wfta ~itv~t~ on u~d land ~nd on all pulpm~nt and p~noe+~ly oovK~d bY thia nart~ ~p~, with ~11 pemivms thK~an p+3d in full, fin tnsw~nu in tFK wwl uandard policy form, in a sum ~pprowd by tFN MORTGAGEE. a~d wind~tam irnwana in dw wwl st~nd+rd policy form. in • wm ~pprowd by tM M~ORTGAGEE. b wch company a companies ~s tM MORTGAGEE m+y dinctl and ~II Nn ~nd windaarm Hawaea polkiN on u+y of wid bvtld~np~, ~ny ~ntKUt tMrein or put therwi, In tM apyrep~t~ sum afonsaid o~ i~ ucaa tiNhot. ~i++ll contab th~ wwl st~ndKd monpapN d~w+ a wch wha davs~ a ~M Mortpa~ maY ?~Vv'a~ makinp tM Iws unde~ s+id poli~ ci~s. ~ath ~nd ~very. WYabl~ 1o aid MIORTGAt3EE a~ ib interNt mar appsa~. and Nch and twry tuch Pelity aFull b~ promptly ast:yMd and d~livtrad to ~ny h~W by s~id MORiGAGEE a fwtlw~ Hcvrity to s~W matys~ d~b4 tFN11 iM (1O) ~yf G1 idVi~1C0 O~ iM ~kPkNiOfl O~ fKA POIiCY. ro dr 11vN to ~aid AAORTGAGEE a rMewal tMrwf, topNMr witA • r~uipt fa th~ pr~miun+ of wch r~nswals ~nd ther~ sh+li b~ no fl~e or windito~m in~w~nu pl+ad on ~ny of said b~ildinps. ~+Y interest Nwnin w put tl+Keof, unleu t~ tl+~ form ...,d wi~h ~M loss pay~bl~ as ~fw~ssidr and in ~h~ ~wm any wm of ~y bacoe~ne~ payaW~ u~xM~ weh polky a polici~s s+id IYIORTGAGEE shall h~w tM option to receiw and +pply ths ~arn~ on ~ccouro of tM k+debted- n~ss s~cw~d ha~by w ro pKmit uld 1NORTGAGORS 1o nuiw and u~ it w~~y Put thereoi fo. othe~ pu~poses, wi~hout ~ha.ebr waivi~~ a ~+np+ir- inp anY puiry. IiM w rlpht ~ or by vittw of ihis mort~p~i u~d in tM ~w^t ~aid AAORTGAGORS shall ior sny reason fail to keep tM said prNnises w tnwrod, ot f~il w dtliwr promptly anY of said policies of insw~na to s+id MORTGAGEE. a faii {xomptly to p~y tutly any p?emium therefw a in ~ny re~p~et t~il b p~rfwm, dixMrpe, tx~cut~. ~ff~ct. oompleb. con+P~Y wtth and ~bid~ by this ooven~nt, or any p~rt Mrcof. said N?ORTGAGEE msy piaoe ~nd paY for such inwr~no~ or u?~/ put thKeof withoirt walvinp a affad'ag any opYwn, lien, equity, or ripht vnder w by virtw of this Mortpaps. ~nd the full amount of Nch and ~wry such paym~nt sh~il b~ imrnediat~ly du~ u~d payabl~ and sh; II bea~ interest from th~ date thereof vntil paid at tM ~at~ of ~in~ pa antum pK anrwm ud toyatha wi~h such int~rest shall b~ sscwed by tFw li~n of this mat~ape. 1. To pKmit, aaomit or wffa no w~s». GI1W{trtNf1~ Of df1NlOfitlOfl Of Hid PtOplfiY Of illy ~fl 1}1tflOF. S. to p~y ~II ~nd sh+puiar ths aosts, ~ and exPMSes. i~dud~^a + ~~+so^+bie attorney'~ fee u~d ooits of ~b~tr~cts of titi~. incuned or p+id at any time by uid MORTGAGEE, b~tauss w in ths ~wnt of tM iailwe on ths paA of ~M wid MORTGAGOR to duly. promptly u+d fvtly perform, discharqR ~xecvt~. tff~ct. tompMt~. eomply with and abid~ by tad? and every ths stipulstions, ayreements, conditioos, and wvenann of said promissory note and thli mortyap~ any or sithar. and said costs, chuyes a~d expaues. each +ed everY, sh+ll M imnedi~tcly due and payable: whether a not !her~ be notice ds~ mand, stt~mpt to edlsct or svH pendi~ ~nd tM fult ~rta~nt of each and rr~ry su..1 psymeM sl+~ll besr ioterest from the date therwf until p~id ~t the rate of nine per antum pe? ~mum; and ~II ~sid co~ts, tMrges snd expa?sss incwrad w paid, togethsa with such inuresL shall bs saw~ed by tht lien of tha mortpsye. 6. ih~t (a) in the ewnt of any breach of this Mortyap~ « defauit on th~ ps?r of rhe MORTGAGOR, or (b) in tM event any of s+id wms of mon~y herotn r~ferred to be rat promptiy and fully paid within Ihi?ty (30) days next sfter the same sevc+alty become due and payabk, withoul demand w notite, or (cJ tn the event each and ewry tl+~ stipulations, agr~nts. cw~ditions and caven~nb of said prom+uo+y note and th~a mortg~e any w either are not iuy, promptly u~d fulh performd. dischrrgad. ~xacutsd. ~ffetled, compkt~d, compl~ed with and abided by. then in e~ther or aey such ~wnt tl?e said greg~t~ wm mentio~ad In said promissory nost then ~em+ininp unp~id, witA intNest :_wued. and alt moneys setured hereby, shalt become dus and p+y- able fotthwith, w thsreafts*, ~f IF~e option of s+id MORTGAGEE, as fvlly a~d compktc~y +s if all of the wid wms of ma~ey were aipinslly stipul+ted to be paid on such day, anylhing io ssid promissory rwts or in tFw Mortps9e to the contrary notwithstanding: and there~pon or thereaha st tM option of said NWitTGAGEE, without ootic~ or dertWnd. wit at law or in eq~ity, therefore o~ thereaher begw4 maY be Prosecuted u if ~II mo~eys secvred hsreby had marurod priw ro in instirwion. 7. That in the ~vent thst at the beginning of o? ~t any time pe~ding se~y wit upon this Mortgsge, a to foreclose it, or to refam it, a to enforo~ payment of ae?y daims hereunder, ~aid MORiGAGEE shall spply to the Coun havinp jwisdKtion thereof fw ths appantment of a Receivar. wch Court sMll Forthwith ~ppoint • receiver of said mortyayed property all ~d sirg~br, includ~ng all ar.d singvlar the incane, profits~ iswes and revenues from whatever source derived. each u+d every of which, it beinp expressly understood, a heieby mongaged as if speuficalty set fwth.and dewibed in the ~rantinp and hab~ndan ctauses hereof, uwl such Rceeiver shall have all ths brosd and effecrive funce~ons and powers in snywise entruited by a Covn to e Receiver, and wch appointment shall be made by such Cwxt u an ~dmitted equity and a msttet of at+solute ripht to said MORTGAGEE, and without reference to ti+s adequ~qr or inadeqwcy of th~ valw of the properry mortp+ped or to the solvency o? inwlvency of s~id MORiGAGOR or the defendants, and that such rents, profits, incoms, issues snd revenues shall be ~pplied by such Reoeiver sccording to the lien or eqvity'of said 1NORTGAGEE and the prutite of such C.ovtt. 8. To duly, promptly and fully p~rform, d'~sctyrye, execute, effect. complete, comply with and sbide by each and wery fl~s stipulations, agreements, conditions ~nd covenann in said pramissory note ud this mortgage set forth. 9. 7lWt in the event the ownership of the mortgsqed premises, w sny part thereof, becomei vested in • penon Wher th~n the MORTGAGOR, ths ' MORTGAGEE, its wccessors and assigns, may, witMo~rt notiu to the MORTGAOR, deal with such wcceuor w successor in interest with referer+ce ro tha mat~aye and the debt hereby secured in the same mamer as with Mortgsgor without in any way vitiatinp or dixhugirg fhe Mortgagon' liability Mra under or ~rpon the debt hcreby secvred. No ssle of the premises hereby mortgaged and no fo?bearsnce oa~ the psn of the MORTGAGEE or in suaesiws w auigro and no extension of the time fw the payment of the debt hereby secured ~iven by the MORTGAGEf a its svcceuors or +ugns, shall operat~ to release, dixh~rge, modify ch~nge w affect the wig~nal IiabiGty of the MORTGAGOR herein, either in whok or in part. 10. It is spedficslly agreed that time is of the ess~~ce of this co~tract ~od that no wsiver of any obligat~on hereuakr or of the obliQ~tion sa- cured Fiueby shall at aoy time thereaher be held to be a waiver of the terms hereof a of the instrumeM secured h~rby. 11. In addition to the fwego:ng momhly payments of princ:psl and interest required by the promisswy note secvred hereby, mortgsgor covenants and agrees to pay to mortgagee with ~acF? monthly psyment an addiianal wm estimated by mwtgsgee to be equal to 1/12 of the annual cost of the follow- A-AI1-real property tsxes kvied w assessrd against tF~e above dewibed real estete. B-Premiums on fire and windstorm inwrante as hertin required to be carried on the improvemeofs situate on the above desuibed premises. C-Prcmivms on such mortgage gvaronty insurance as mortg+gee shall from tune to time deem fit to carry on the loan secured hereby. i Morigagce shail from time to time ~otify mortgsgor in w?iting of the amount due and payable hereunder and such wm shall thereupon be due and ~ payable on the due date of the next monthly payment and each successive mo~th thereafter urtil mortgagee sF?all notify mortgsgw of a charge in such ~ amount. Such sums shall be ~pplied by mortyagee toward the payment of real property taxes, insurance prem:~ms, and morfgaye guaranty insurance premiums. IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal fhe day and year fint aforesaid. Sipnad, Sealed and delivc+ed in the pre~ence of: _ _ n . . ~ v . K..~ TE Of RORIDA ~ St. Lucie ~ courmr oF ~ ~~,,,ih Vern D . Gosney ,,,a Marie J. Gosney lus wife, to me well known and known to me to bs tha In~vidwb dewibed in and who exacuted the forepoina instr~enent, and ~ck+~owledged before me that tF?ey executed the ssme fw ths pvrposes ~F1efe~ .,y„~, q~ ~,;a Marie J. Gosney w~~e ~ Vern D. Gosney upon . s~p,.ars .nd priv.r. examin~tion bp me taken tep~rete snd sput from her said Iwsband, ~dcnowledged ro ~nd beforo me that she execvted said itatrvmqM fresly.yand.voltr+n- rarily ~nd witho~it u~y oompuision, oo~strai~?t, appreF~emion, or fear of w from her ~aid lwsband. ~ ~;1. ~ WITMESS my hand aed official seal thi~ 16t21 day ~ t b r GV p~;,~~hg• I ' L' -,ii'r ~ , j . - _ Notary Public in and for the Stst~ Df 7laid~l~a t Mv c~~~ 3=~i o:_ p"c,,~ c Retutn To: ; a . : r~ ~ F'usr Fede.•I Ssvirgs i loan Aswciatari sutA~~ rYBUR =TATE OF iIOWA AT~L'ARiE ~ Of Fort P7erce. MY COMMISSION FXPIRES DEC. 3~ ~~1 Fort Pierce. Florida lW~DED ~weousN rREO W_ OIElTClNO~~~}-' i~'- • F~~Ep AND RECORUED ~ ' 5T. ~uC~E cOUN~~ Ep~A~ This Instrument Prepared By ~ R, 0514 First Federal Savings b loan Association ~ • of Fort Pieroe 1'~ ' !,9 ~ '6~ SEP ~ ~ ~ ~ ~ ' ' Chedced By J • Chastain ~ ~ a ROvER ~ 01 AS gOR +~c~ ~r ~ ~~ERK CIRCUIt COUR OK1 /c7 PACE1, . - ~ _ ~f ; . . _ _ _ . - - - _