HomeMy WebLinkAbout1787 ,.1,- ~~t~!
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To pl~t u~d oonHMwush~ kNP a+ th~ buiWMq~ now a h~Nu Q1wh on uW land ~nd on ~II puipnwnt ~~d p~?sonaliy oov~d by thi~ morq~
y~, with all pn~mtivms rh.r.a+ patd in iul6 flr. tns~x.nu in ~M wwl v+ndard poiicy fo~m. tn a ~wn ~pprowd by tM MORTGAGEE, and wind~tonn
irauraea In tM wwl iand~d policy fonh, in • wm approv~d by tM MORTGAGEE. M wch companY a comWni~s u tl» MORTGAGEE n»y
dinctt and ~II fin and winds~onn k~swana Po1k~s o~ +~y of s~id buiWinps any inMrpt th~rtin w puf ihtrwf, in tM +~reya~~ s~m afa~aid a
M~xass tMnof. aMll cont~in tFw uswl s~andard narro+p.. clws. a wch aher dw~. a ~h. Mo.tyap« m+Y n9~in. makinp iM bss undK said poli~
ciN. ~ath a?d ~wry. paY~bli !O s+id MORIGAGEE a~ if~ intKNt m~r ~ppta?. ~nd each +nd ~vaY tuch poliq sMll b~ promptly us:y~sd and d~tiverad ~o
aar MW by said MORTGAGEE ~s funha sea?.ity ro s+id matq~ d~bt. ~nd. rat I~ss 1Mn ten I10) dap in sdvu+a of tM ~xpk~tio~ of each policy, w d~
livM ro wid NWRTGAGEE a ren~wal thereof, wpNMr witA ~ reaipt {a tM pnmiuen of wd+ reoewali snd th~r~ sMll b~ no fire a wi~ditwm inwr~nc~
pl~pd on any of sakl buiWiops, ~ny inronst 1Mr~in ot put thenof, unbu In tM form and with 1M loss piyabb a ~foreaid~ and in tM ~veM ~ny cwn
of mon~y b~oorna p+y+bl~ w+~ u+d~ PdkY a PdKi~s ~+W MORTGAGEE ihall Mw tM option w nceive ~nd ~pply the s+n+~ on acoounl of tM indebted~
rnss Ncw~d Fwr~by w b p~nnit ~aid MORTGIIGORS ro na~iw and us~ it a ~ny part thereof for othe~ purpwes, without thaeb~ waivi,~g w impair-
irg ~nY pyity. lien or ripM unda at by vi?tw of tNs mwtp+p~t +nd i^ t}w ~wnt said MORTGAGORS shall fw any reason fail to ke~p tM ssid pr~mises so
intwed, a f~Il to d~liwr pramptly ~r?y of ~aid policies of inwrana to saW MORTGAGEE, w fail promptly to pay fu~ly anY premiw~+ therefa o~ in any
r~sp~d bil b pwfaeh, diuh~r9e, ex~cut~, eff~d. oomplet~. comply with a~d ~bid~ by tha coven~ot, or a~y p+rt I+Kaof, uio MORTGAGEE may plad ~nd
P+Y fw such inswu~n w any put tMrwf immediatel ffdw~and p~y+bb snd sh~il u~b~u inte?at from tM dat~vtMreoffuntil paid M,r N~ot
fvll areaunt of exh and ~wry wch WymM Y
nins p~r cu~tum pK ~nrwm xxl topether with auch k?tarat sh+ll be sacvnd by th~ I'Nn of this mortp+ye.
J. To p~rmit. oommit or wffa no wut~, knpairma?t a det~rardion of ssid properry or any psA thc+aof.
S. To pay ~II ~nd sinpvlar ths oos~s. cF~rp~s +nd ~xp~nses, 4+cludirg a nasooabk ~tto?ney's fas and costs of abshacts of ti!te, incwred w paid ~t
any ti~n~ by said N10RTGAGEE, becws~ a b tM ~wnt of tl» fail~n on the part of th~ wid MORTGAGOR ro duly. promPtly and fully psrf«rn, diithuyR
~x~cvt~. ~ffect. aompl~t~, aomptY with and ~bid~ by ~~ch and every the stip~lations, sg~eements, condit~o~a, and ooven+nts of sa~d promisaory oote and tbii
mwt~pe ~ny or eithx. and said ooan, chup~s aed sxpenses, e~ch ~ed eva~Y. +h+tl b~ knmediately due snd payabb: whether o? not tha~s be noric~ da
mand, atNmpt ro colkct w wit pendirgi and ths full ~rno~nt of iach ~nd svery wch psyment sh+ll bear interesl from tl+e date M+e~cof unti~ p~id ~t tM
rate of nin~ per untum per arowmt and all ~aid oost~. chu~a a~d exp~nses inanr~d w paid. tog~tF?er with wch interest. sh~ll b~ sewred by th~ li~n of thu
^+apap~.
6, i}Mt (a) in tM ~veet of any brsacl~ of thls Mortyp~ or default on tM part of the MORTGAGOR, or (b) in tF~e eveM sny of said svms of money
herein nferrtd to be rat promptly and fvlly paid within thirfy (30) days next sfter the same severally become due ~nd payable. without dem~nd oi notice,
or (c,l in the event each and every the stiqrlatioos, apnen~ts, conditiona snd covenanb of sa~d promis:wy note and th~s mortpa9e sny a atha ~n ~w1
iuly, promptly ~nd i~lly p~rformed, discharyed, exacvhd, ~ffect~d, compl~ted, complied with and abided by, theo ii+ ather w ~ny avch ~vent th~ said
gregaN wm me+~taned in pid promissary ~ote then remainirg u~id, with iMerest accrued, and all moneys secured hereby, shall betomt dw and p~y~
able fwthwith, or theresfia, at the option of said MORTGAGEE, as fully ~nd completely as if all of the said wms of monsy wero orginally aHputated
to be paid on such day, a~ythinp in said prom'~ssory noM a in this Nlortysge to ths contrary notwithstanding; and thereupon w. tnereafla a1 the optio~ of
said MORTGAGEE, without not~ce a tkma~d, wit at law or in equity, thaefore or therNfter begun, may be prosecuted as if all moneys secured haeby
had ma?vred prior ro in i~atiwrion.
7, Th~t in the event that at the be~innirg of w at ~ny time peodiny any wit vpon this Mwtgage, w to foreclose it, w to rofwm it, or to enfo?o~
payment of sny daims hereunder, said MORTGAGEE shall apply to ths Courf hsvirg jurisdiction thereof to~ the appointment of a Receiva, such CaiA shall
forthwith appoim a ~ecei~re~ of taid mortgsyed propertY all snd ~inyular, inctud~ng all and sing~lsr the income, profib, issves and rovenues from whatever
sourte de?ived. eath and every of whith, it beir~p expreuly understood. is hereby mortgaged as if specifitslly set fwth and destribed in the gwnting and
habendum dauses hereof. and sud+ Receiver shall h~ve all the broad and effective functiwu snd powers in anywise entnnted by ~ Court to a Receiver. ~nd
such appointment shall be made by such Cartt as an admitted eqvity snd a matter of sbsd~te riyht w said MORTGAGEE, and without refe~ence to tF+e
adeqvacy w inadeqwcy of the wlve of the property mortgs~ed or to the wNe~xy or insolvency of said MORTL'iAGOR o~ the defendants, and that such
rents, profid, income, isiues snd revenues sh~ll be applied by s~ch Receiver accordinp to the lien or equity of sald MORTGAGEE and the practice of such
Gourf.
8. To duly, promptly and fvlly perform, d'ncharye, exacute, effect, oomplete, comply with and abide by each and every the stipulatans, agreemenb,
con~itans and coven~nn i~ said promissory note ard this mortgsge set fwth.
9. That in the eveM the ownership of the mort9sped premises• w any part thereof, bccomes vested in s person otl~er than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, msy, withow notice to the N10RTGAOR, deal with such wcceuor w successor in interest wi~h rofererKe ro this
mortg~e and 1he debt hereby secured in the s+rne m+rw+e? as with Mortgagw without in any way vitiatiny or dixharging the Mortgagors' lisbility her!-
under or upon the debt hereby secured. No sak of the premises hereby mo.tgaged and no forbearance on the pan of the MORiGAGEE or its waessors
w suig~a aod no extension of the time fw the payment of the debt hereby secured qiven by the MORTGAGEf or in svcceuws or augns, shsll opwat~
ro rekase, discMrye, modify chsnge or affect the oriyinal li~bil~ty of ~he MORTGAGOR herein, either in whole w in psrt.
10. N is specifically agreed that time is of the esxnce of this contract and that no waiver of s~y obligation herevnder o? of the obliyatan se-
cured hersby shall at any tune thereafter be held to be a waiver of the terms hereof w of the instrument secu~ed herby.
11. In addition to the forego:ng monthly payments of princ'pal and interest required by the pranissory rwte secured hereby, morigagor cover?ants
' and agrees to pay to mortgagee with each monthty Paymeot an additional sum estimated by mortysgee to ¢e equal to 1/12,of the annual coat of the follow-
irg:
A-All real prope?ty taxes I~iried or sssessed against the above desvibed rea) estste. • ,
B-Premiums on fire and windstorm inswsnce as herein requ~red ~to be carriad on fhe improvemenb situate on tfie above deuribed premises.
C-Premiums on such morigage gwrsnty insurance as mwtgsgee shall from time to time deem fit to ca~ry on the loa~ secured hereby.
Mortgagee shall from time to time notify mortgagw in writing of the amwint due and payabk hereunder and suth sum shall thereupon be due ~nd
~ payable on the dve date of the next monthly payment and each successive month the~eafter ur.til mortgsgee shall notify mortgagor of s cha~ge in such
amount. S~ch wms shall be ~pplied by mortgagee ~ow~rd the p+yment of real property taxes, insurance prem.ums, a~d mortgage guaranty inwrance
Premiums •
IN WITNE55 REOF, Nx id TGAGOR h~s hereu~to set his hand and seal the day a~d year first afwesaid. _
Seal nd 1' in of:
l.~c~.~~ cs~.~
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STATE OF fLORIDA ~ ~ S t / i' : ~
courmr oF St. Lttcie `t•-.:, .
~ eefo.. e» perwn+~ .ppe,..d i v it w~1dQn = - , •
~
- ~ and
~OiD ~11~~A ~
ha wife, to me welt knOwn•~nd ~ ro~ to: bi~ _
the individwb dauibed in and who ~xaWed the fore9oirg instrwnent, and acknowledped before me that they executed- tKa fo! thr~wpases-; :
rherein ~xpressed. Md tM .T0~1 W~Zd@11 = . ~
wifs of tM said Ivan Wa1dQn ~ .~j
exsm7naPan by me tsken separate and aps~t from her uid , aduwwledged ro and before me that she exetuted said itntruwqeM~~j'~~el~Crfd~ ~
terily and withovt sny comp~?bion, torntroint, appreF~ension h~~ of w from her s+id ;
n / ~
WITNESS my Mnd and official s~al thia L~~ day ~is~?V A. D. 19 68 ~
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, Noq ic in ~nd for tM Stat~ of Horida at lsrp~
My Commission expires:
Retum Ta . . .
F~ Fed..~~ s.,,~, a~, k~r~«, oEO ~
or F~ P~~?~. FILEOC~£ ~ UNTY~FI.A• NOTARYPUBIIC,STATE M Fl.ORIDA st LARG
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p r t Pierce. Flwids S
T. UC~~ f~~~~ M Y C
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S I O N E
X PI RES HOV. • E
BONDED THROVON pA~p w p~t,~~+~
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This Instrument Prepnred By ~ r, ~ SO
First Federal Savings b loan Asso~~onSEQ
• of Fort Pierce
RpGER P0; C~U~t = ~
Chedced By C`E FtCt1 T '
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eaoK ~.73 PACE~774 ~
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