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HomeMy WebLinkAbout2121 { _ - ' t~ • ~ . ~ . K ! To plaa and contt~uiousy kNp on th~ bulldinps eaw a hK~+ftw ~in++t~ on s+id land ~nd on all equipm~ot and patonally covK~d by thk morp~ ap~,, with dl praniwm tMr~on paid in fvlL fk~ tnswance in tM uswl aaodard policr fwm, in a sum approwd by tM MORTGAGEE, and wir~torm imvanc~ h tM uswl s~uidard policy tam. in a wm ~pproved by th~ MORTGAGEE, 1n wch compu~y or oompanie~ a tl,~ MORTGA~3EE n+~y d~nctt ~+d all fin sod wind~torm imwa++o~ polki~s on any of wid buildinps, ~ny te~a~st tFwr~b or put tlwwf, In th~ apprepat~ wen sfa~s+id a M~xass th~nof, ~hall oont~in tM vw+l standard marto+pit claus~ a wd~ aha daw~ ~t tM Matpa~ m+Y nqv'v~. rtNkiep tM lau uod~r ~aid poli~ ciM. tath and ~vM?. WY~bI~ lo s~ld MORTG/1GEE q iri inttreaf may app~at. ~nd arch ~nd ~wry such poliq thall b~ p~omptly ass~y~td and d~liveted to u~y MW by s~W MORTGAGEE a fwtlw~ secv~ity to s~id mwtpsp~ d~bt, and, not I~ss thui tM (10) d~ys in advance of th~ ~xpintan of each polky, ro dr liw? ro ~aid M~tTGAGEE a~a~ewal th~rwf. top~d+N with a naip~ fw tM pnmiwn of wdi ren~w+lj ~nd tMrs sMll b~ ~o fu~ or wind~tam Inwranu plaad on ~ny of aid bviWtnpi. ~ny inta~st tMr~in o~ pa?t tMraof, vntess to tM form and with tM Iws p+yabl~ a ~fons+ld~ a+d to tM ~wM ~rq? wm of mw~r beco~ p~y+W~ ~nd~ a,d, polky a po1;cl~s said MORTGAGEE ihall Mw ~M option to receiw and apply ths wm~ on acw:rr+t of th~ Indebred- nsss s~cw~d Mr~by a ro permit s~td MORTGAGORS w rsaiw and ~w M a any part tl+er~of fo. othe~ purpwes, without Ihsreb~ waiving o~ impair- Ieg ~ny puity. lia~ or ripht ued~t or by vtttw of thia mortpspei aed in tht ~vtnt Nid MORTGAGORS shall fa aay reawn fail to k~p the a~d pnmises w insw~d. o. t.~i a d.i~w. a«~N uw o~ said polida of irnwanc~ to said MORTGAGEE. w fail P~~P~~Y ~ WY fully ~~?y premivm tht~efw a in ~ny rtip~ct hil ro pKf«n~, dychary~. ~xecut~. ~ffect, comPkt~. oomP~Y with ~nd abid~ by this aowrunt, w any p+h Mreof, said MORTGAGCE m~y pl~p ~nd WY fa wd~ irowar?o~ or any put tMrwf without w~lvinp w ~ff~ctinp +nY oPtion, lien. puity, or right ur~ w by vlnw of this Mat~ay~. ~nd th~ fuU smow+t of ~ath ~nd wtry wth p~yrns~t shall b~ imrn~diattfy dw ~nd p~yabb and sMtl btar interest from tM dat~ tMreof votil p~id a~ ths rau ol nin~ p~r a~ntum p~r arrwm ~nd topether with such iotaett sh~ll be sscvnd by 1M lien of thfs mwpspe. 4. To pMmlt, aoowrut w wffK ea wut~, impaumN+t w detariowtion of said p?opsrty or u~y p~rt thereof. S. To p~y all snd shgvlar th~ aosls, charpa and ~xpua~~. includin0 • n~soo+ble attwnhr'~ fes a~d oosts of abstwcri of titl~, incwr~d w p+id d any time by s~id MORTGAGEE, b~cwse or In th~ ~vMt of tM failw~ on th~ pwi of ~M said MORTGAGOR w duly. promptlY +nd fid~Y P~rforrt~. d~sch+~,. ex~cwe, ~ff~ct, oompk», oomply with and ~bide by txh and every tM ttipvlations, ~greemenb, conditioos. ~nd aowrnnts of said promissory note and thw mo~ty~p~ any o~ ~itha. u+d said ooab. clwpa and ~xpenfa. each and ~wry, sh+ll b~ knmedistdy dw ~nd p~y+bles wheths~ a not there b~ no~ice d~ mand, ~tt~mpt to coll~ct w wN p~ndinpt and tM full anaunt of sach ~nd ~very wch p~yment ~hall bea interost frwn ~M daro thertof unKl paid at tM rate of nine per qntum pe~ a~uwm; and all s~M cosn. dw~s and txp~nses incwr~d or p~id, topether with wch i~tK~s4 ah~ll M secweri by tM lien of this mo~rlD+~e. 6, ihat (a) in th~ ~wet bf my brtad+ of this Morty+~ w defwlt on ths pu1 of ths AIIORTGAGOR, o~ (b) in tM eveM any of said wms of money henln r~fmred to be not pramptly and fvlly paid within thirty (30) days next after the same sever+lly becane due and psyabl~, witho:» demiad w noY~ce. w(c~ tn the event ead~ ~nd ~wry tM stipulatioro„ ayr~emema, eonditipu ~rd cown+ots of s~id promiuwy note and thi• mortpag~ any a ather ar~ nol ~u~Y. P~~P~~Y fu11Y P~rform~d, disc~uyed, ~xecut~d. effect~d, compl~ted, comP~i~d with ~od abided by. thee in ~itha or ~mr such ~wM th~ said ap~ prepaM sum mentioned in ssid promissory note then re+n+ininy unp~id, with interest acuued, u~d aIl moneys secured hereby, shall becomc dw and p~y- abk forthwith, w thereafter, ~t th~ option of said MORTGAGEE, as fully and compl~tely as ff all of the said wms of rrwney were wiginally stip~rlated to be paid on wd+ day, s~y~hinp in aid promiuory eote or in thi~ Mo?ty~ye to tM contrary notwithstsnding; and thereupon a thereaher at the option of said MORTGAGEE, without noGce or dem~nd, wit ~t taw ot in puity, tharefwe or thereafler be9un, m~y be prosecuted at if all monsys secvred Mrtby hsd m~wred prior ro in insriturion. 7. That in tM ~vent thst ~t ths bsyinninp of ot ~t any tirM peodieg sny wit upon thls Mwtgage, or to faeclost H, w to rofam it, w to eefwa payment of any dsims hereundsr, s~id MORTGAGEE shsll spply to the Cour1 Mviny jwisd~d'an thereof fw ths appointment of a Recei.er, such Court shall Fwthwith sppoiM s receivar of said mafpsged property all ~nd tinpular, indud~ng all snd singulsr the intome, protin, iasues snd revenues from whatsve? wurce derived, each and every of which, it beinp enpreuly understood, is hereby mortgaged a if spec~fically set forth and dewibed in the pru~tir~ ~nd habendurn clauses hereof. ud such Rec~iver ahall Mve all ths brwd and effective functiwu and powers in anywise entrwted by a Court to ~ Receiver. and such appointment sh~ll be made by such Court as an ~dmined equity and a matter of absolute riyht ro ssid MORTGAGEE, snd without refermce ro th~ sdequacy w in~dequacy of the vslw of the proparty mortgs~ed or to the tolvency w~inwlvency of ssid MORiGAGOR or rhe defendann, and that such rents, profin. incwne, issues ~nd revenuea shatl be applied bp such Receiver accordinp to the lie+? or equity of ~aid N10RTGAGEE and the practic.e of such Court. & To duly. promptly snd fvlly pe~form, dscharge, exeMe, effect, compkte, aomplY with ~+d ~bide by esch snd every ths stipulatio~n ~greenxnb, conditions and cove~+nts in ssid promiasory nota and tha mortgsg~ set forth. 9. That in tl?e event ths ow~enhip of tl+e mortgayed premises, w any p~rt thareof, becanes vested in a person othe~ Nwn the MORTGAGOR, ths MORTGAGEE, in succeuas snd aui9ro, may, witlw~t notice to the MORTGAOR, deal with ~uch suocessor a suaeasor in iMaest with reference to this mortpsqe ~nd the debt hereby secvred in the sams mane?er as with Matpapw without in ~ny way vitistinp a discharg'u~g the Mwtgsgon' IisWlity hera under or upon the debt hereby secured. No uk of the premises hereby mortgsyed and no forbear~~ce on the p~rt of tF.s MORTGAGEE or iri succeswn or auigns and no extension of the time for the p~yment of tF~e debt hereby secured ~iven by the NIQRTGAGEf or its sucteswn w auipns, sMll operaq io release, ~isch~rge, modify charge er affect the original liab~liry of the MORTGAGOR hete'u4 either in whole or in psrt. 10. It is specifiully agreed that Yune is of ths esse~xe of this cp?tract and that no wsiver of any obligation hereunder w of tM obliy~tion sr cvred hareby shall at any tims thereafier be held to be ~ w~iver of the terms heraof w of the instrument secwed herby. _ ~"'b.? s- ~tion to the' fwego'.ng monthly payments of princ:pal and interest required by the promissory nore secured hereby, rtwrtgagor e ~Ms and sgrees to pay a ee with each monthly paymtnt an addirionsl swn estimated by mwtgagee ro be eqwl to 1/12 of the annual e follow- in9c . , - ~ A-All real property taxes kvied a sinst the above desuibed real estate. ; B-Premiums on fi~e and ~vin~twm inwrance u herein carried ovements sitwte on the above d_suibed prem'~ses. I C-Premivms on sucl~ mortgage guaranry irnura~ce as matg rom ~ deem fit to carry on the loan secured hereby. ~ Nbrtgsgee shall from time to time notify writing of the amount due and paya e hall thereupon be due and pay~We on the due date of the ne payment ar?d each successive month thereafter until mortgagee shall notify mortgagw ' svch amount. app ied by mortg+gee toward the payment of real property fazes, i?uvrance prem:umt, and morfgage guaraMy inwra IN WITNESS EOF, the said MORTGAGOR hss hertunto set his hand and seat the day and ye+r first sforesaid. i ed in tM ea~nte ofi - ~ • ' ' n n ' ~ d ~ ~ STATE OF FLORIDA ` courrnr oF ST . L[JC I E ~ ss. Before me ii .rod Hugh Cli~ford B~n jasin .~a YMsiy B sthes Ben ja~in w;~~, +o ,,,e ,,,,e~i k,~, „~a k,b,~,,, m,,,e ,o e. the kw!'nidwb desvibed in and who ~xewted ths fore~oirg iRStrumait, and acknowledpad before me tMt they e:ewted the same fw the qxposes A„d ~ M;d Ma.ry Ssthss aen ja~in wife of th~ said Nu9h Cli~lord Benjuin , upon a sepa.~te and pr~vat~ exa~nin~tan by me t~kcn separate snd apart from her said Fwsband, aduawled~ed ro and b~fore m~ that she execvted said irotr~ment heely and vof~r~ taril~r and withoot ~mr compubion, constwint, appreiwns~ fw of w from her s+Id husband. ~ wRHess my h~,d .~d or?~c~.i •.+i ~hn ~ y d,y of ttabe= A. D. 1968 r . Notary Public fw tM trof Horida at Lat Retum Ta My 6, /Q 7~ wsr F.de~.~ s.~, a tw~ ~?sw~t,r~«? Not+r~? Pubfic. Swte of Fbrida at luq~ Of Fort Pierce. • ~~~flp~ ~1{~. 6. ~9~ • Fort Pierce. Flaids . : ~ , • ~ ~ ~ : ` ~ f~ FILED~?~~~~~~1R~b' - ~ ~ = ~ ST. LUCIE COUNTY. FLA. - --t= s ~ - R~.COR~ VERIFIED This Instrument Prepared By ~ .'s ~ ~ ~J _ ; ,1~0 `48 First Federal Savings b Loan Association ~ rt Pieroe . t ~68 SEP 25 !!M ~ y~ Chedc • ~ y • tii. H :li~~~`` ~ • ~ ~ ~ ; hQGE F? POITR~?S CLERK CIRCUIT COURT ~ • ~ ' ` Q',/, ; ~ M' -.=~r _ . - ~ - - - -