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HomeMy WebLinkAbout2725 i ~ • `•f a ~ ~ ~ TO pl~q irld tOf1fIM10V~H I~MP 011 tFN bViWM~i 110W Of INfNNN ~ilY~b 011 NW INK) Of1 ~II lQYipn~~u and p~onalN covend by N?b nartP aq~,. with dl pr~miw~a tMrwn paid in ful1, fir~ inw~u~a in tM vsual uandud polky form. In a tum approwd by tht MORTGAGEE. and windttw~n M~wana in tM uwal sta~d+?d •PolicN form, in a wm ~pprowd by tM MORTGAG~EE. b wch oompanY w oomP+nia a tM 1NORT('sAGEE nwr dk~ctt and ~II fin and winds~om+ tewr~a pdic~s on any of s+id bviMinQ~„ anr MNryt ther~in w pan therwf, in tM ap~rpa~ aw~ ~faaaid a In ?xc~ss thK~of, ~MII oontain th~ wwl s~~ndud monya~ dw~ a such o~M~ dww as tM MatyayM may ~puin. m~kinp Ihe lou vndN said pol~ cia. tad~ ad ewry. WYabti to said MOR?GAGEE a iri Mttrat m~y ~pp~ar. and aach ~nd twrl? such Po1kY d?+11 b~ p~omptly ~ss:qrnd u~d d~IivK~d 10 •nr Mld by s~id MORTGAGEE as tvnha acuriry to iaid mwtp+p~ d~bt, +od, no1 I~ss ~hu? ten l10) d+YS in ~dvanu of the ~xph~tio~ of ssch polky. to da liw? to u~W 1NORTGAGEE ~ r~new~l th~rtof, to~tiwr with a reteipt for the p~um of wch rensway ~nd then ihall b~ no fin a windstam imw~nc~ plapd on aoy of said buildinps, ~ny intKal tM~~in or P+rt therwf, unkss ie th~ form and with tM lou p~y~bN a~toraaidj ~nd to N~ ~wnt ael? wn~ of mo~y b~co~s p~Yabl~ ~ndN wd+ pelky or potici~s uid MORTGAGEE shall Iww ~M aption w nceiw ~+d apply ti~e s+m~ on +aou~t of tF» ind~bted~ nas s~tund F~eby p to permit said MORTGAGORS ro naiw ~nd ut~ N w N+y put thereof fa other purposes, without Ihareb/ waivinQ w impair- Inp anY puity, Iron or r'ph~ under a by virtw of this mortpaysr +~d M~ tM ~vant s~d MORTGAGORS sMll fa any nasa+ fail fo ke~p tM arid p~antsa w tnw~d. w iail to d~liver promptly u?y of said policks of inwranc~ to s~id MORTGAGEE. a fail promptly to pay fully ~ny pre~niwn thentor or in u~y r~fp~ct fall to paform, discM?~s, ~xscut~, ~Hed, wmplet~, oomply with and ~bid~ by tFds oown+nt, a any put hereof, ~id MORTGAGEE m~y pl~oe ~nd WY fa such inswar~ or any put thKeof withou~ w~lvinp w ~ff~cttnp +nY ePtian. ~iM. eqvity, w riyht u~ w by virtut of thts Mort~~. ~d tM full amou~t of each and ~wry such p+ym~r?~ ~11 b~ irm~edi~t~ly dw an+d p+rsble aed sMll bear interesl from tM d~t~ thenof umil paid at th~ r~N oi nins per cantum pu anrwm and topNhet with wch interat shall ba sacuted by fht li~n of thi~ maty+ga 1. To permit, oommit ot su(fK no wute. imP+krtient or deterior~tion of s~id propsrty or u?y put tM?eof. S. To pay ~il snd sinpviar tM coqs. dw~p~s Md ezp«w~, a~cludinp a reasonabta attornay't fea and costs of abtreds of titk. incvned or paid af any tima by wW MORTGAGEE, b~causs o? in ths ewnt of ths fatlwe v~ the put of ti+~ s~id MORTGAGOR M duly. promPtly snd fully perform, d"ach+r~ ~xec~t~. ~ffect. oompl~t~ oomP~Y with and ab~de by ~ach iad every the stipula~ions, apresmems. condi~~ons, ud coverWnn oi uid promissory nor• and ~hw mo~tyy~ any or athar. snd wid cosn„ ch+?pes and ~xpenses, eacl+ and every, shall be immediately due and p~yabk= wMther w ~of tMr~ b~ notice d~ m~nd, attempt ro ooIIM or wit pending+ and 1M ivll amo~mt of ~ch,a~ every such psYment sMtl bea? inters:f from tAe dat~ th~reof umil p~id d NK rate of niM, per centwn per sruwm; +nd sll s~id cosn. ch+r9~a +nd sxpenses incv~nd or paid, togetl~er with such intKest, shall b~ s~a+red by tM lia~ of Ma ~W+~ . _ _ 6, TMr (a) in the w.m at any breach of rhts Mo~tyap. o? d.fautr ~n rhs pa~t oi the MORTGAGOR, a(b) io the event ~ny of s~id sums of mor»y herel~ referred to be not promptly snd f~lly paid within thirty (30) days next after fM same seve?ally becans dw u+d pay+bl~, vritho~rt dam~od o? notip. or (rJ in the event each and every the stiputatiora, sgreernMb, caxlitions and coven~MS of said promisswy note srd tlus mortyspe any a tither an nol iuly, promptly snd fully p~rformed, dad+ar~ed, execvtad, ~ffected. compkted, canplied with and ~bided by, theo in either a any such eveM tM wid ~ gre~ate wm mentaned In said promissory rate then remsininy unpaid, with interest accrued, and all mo~eys secured hereby, sMll bec~om~ dw and p~y- abk fwthwith, o~ theresfter, at tM optan of said MORTGAGEE, ~s f~lly and completely ~s if sll of the said wma of rtaney were wipMaiy stipvlated to be paid on such day, anythiny in said promissory note w in this Morty+~e to ths contrary notwithstandinq; and therei?pon w thereaher at tF~e option of uid MORTGAGEE, wirho~?t norice o? damsod, wit st law w in eq~ity, thereforc w thereafier begvn, may be prosasuted ~s if all rnoneys sewred hereby had m~wred prior ~o in irn~itu!ian. 7. That in the event that at the beyinning of or ~t sny time pendiny any svit upon this Mwtg~ge, or to fweclose h, w to reform h, a to enforo~ payment of ~ny dsims hereur~der, said MORTGAGEE shall ~pply ro the Court having jurisdinion thereol for the appo~ntment of • Receiver, wch Co~?rt sh~ll Forthwith ~ppoiM a reoeiver of said mwtyaged property sll and sirgular, incl~rd~ng all and singular the income, protiri, issues and revenuss from whatever sowoe derived. each and every oE which, it beinp ex~xessly vndantood, ia hereby mortgaged ss if spec~ficaly set forth ~nd dauibsd ln th~ yrantinp snd habendum dauses hereof, aod s~ch Receiver shsll Mve sll the broad and effenive funct~ons and powers in snywise entrusted by a Covrt to a Reoeiver, and such appointment shall be made by wd~ Court as eis admitted eqvity a~d a matta of absolute rig}~t to said MORTGAGEE, and withoul referente to tFa adeqvacy w in~deqwcy of the value of the properry matgsged a to the whre~cy w insolvency of s~id MORTGAGOR a the defendants, and tMt svch renn, profits, income, issues snd reve~ues sMll be ~ppliad by such Receiver accwdiny to the lien or equiry of said MORTGACsEE and the practia of such Court. - 8. To duly. P~omPtly snd fully perform. d',uh~rge, execute. effect, comPlete, comP~Y with ud ~bid~ by each and tvery the stipulations. ayreanenta. condiYans and coven~nts in said promissory oote and this mortgage set forth. 9. That in the event the owne?ship of the mwtgaged prcmises, or any psrt thereof, beoomes vested in a pason othK than the MORTGAGOR, th~ ' MORTGAGEE, ib successors snd assiyns, may, without notice ro the MORTGAOR, deal with such successor a svaessor in intarest with referenu to this mort9age and the debt hereby secured in the same manner as with Nbrtgagor without ~ in ~ny way vitietirg or di:cFurgirq the Mwtyagors' lisbility herr under w upon the debt hereby sewred. No s+le of the premises hereby mortgaged and no forbearancr on the p~n of the MORTGAGEE a its wtoeswts or augns and no extension of the tu»e fw the payment of the debt hereby secured yiven by 1he MORTGAGEf w its suttessors w assipns, sh+ll operah ~o rekase, disch~rge, modify change a affect the original lisbility of the N10RTGAGOR here'u+, either in vrfiole or in part. 10. h h specifically agreed thst time is of the euence of this contr~ct snd that no w~iver of any obligaYan hereu~der or of the oblip~tion sr cur~d hereby shall at any tin+s thereafter be, (~qld to be a waiver of the terms hereof or of the irutrumcnt sec~~ed herby. 11. In addiYeon to the fwego:rg monthly payments of prioc:pa) and interest required by the promiucry note secured hereby, mortgagor oovenanh and agrees to pay to moAgagee,with each monthlY paYmeM an additioQsl sum estimated by mtxtysyee to be eq~el to 1/12 of ths annual.tost of the follow- 7ng: " - - - . A-All real property taxea kvied or assessed against the above desc+ibed resl estate. B-Premiums on f'we and wird~wm insurance ~s herein te~?'aed to be csrried on the improlrernenb sitV~M o~ thp abovd dewibed premises. C-Premivms on such mortgape guaranty inwrance aa mortgsgee shal) from time to time deem fit to carry on the (oan secvred hereby. Mwtgagee shall from time to time notify mortgagor in writing of the amount dve and psyable hereu~der and wch wm shall thereupon be due and payabk on the due date of - the ~ext monthly paymenf and exh succeuive month thereafter uroil mortgagee shall notify mortgagor of a charge in wch j amovnt. Such sums shall be applied by mwtgagee toward tlie payment of resl property taxes, insura~ce prem:ums, and mort9~ 9w~~^tY f ptemiums. . f IN WITNESS WNEREOF, the said RTGAGOR h+s hereunto set his h~nd and seal the day and yeu fint afor id. M ~ , S~sled and pr of: ~ ~ n ~ ~ . ~ ~4 STATE OF FIORIDA ~ • ~ - - ~ ST • WCIE 55' _ COUNTY OF eefo.. m. ps..«»~ty appearea AndsOw J. Wigg~ns, Jr. ~ Pa~ela J. Wiggins t~is wir~, ro me wen known .~d kr~owe~ w me w b. the indivWsub described in snd who execvted tl+s fore9oin~ instrvrMnt, and acknowkdped before me that they exewted the same for ths p~rrpwes rhe.etn ~cpressed. wnd ths s: Paselw J. WiqgiIls wife of th~ said - A=1 tw J. qq ris ~ J1' . upon • sepsrm ad p~i+?w examinsYan by me taken sepsrate and ~psA hom her safd husb~nd, sckrwMrledged to and befon m~ M~t she executed said irotnrmqnt.fi~s,ly +nd .~?olw?~ tarily and withovt a~r comp~rlsion, constraint, appreF~ens' hu of w from her said Iwsbaod. „ _ WITNESS mY hand aod official seal thn ~y af October .•~i.lt9 6$_':. . RECOR~~~ ~ ~ : ~ Fll~~ AN~ NTY. F~-A• Notiry Publk ~a ra s„re of Flo.jd. ri ~ Retum Ta $T• ~-VC+1~ Cv F~~~IE~ My Commission ~xpir°s` ~.2 ~:.~a ~c ~ V. 1 - s +~uY~t ~ . . ~ ~ - _ 1~. c? ~u F.de~~~ s.~~s a iox+ ~wwt~«? ti2 :'.aC 13 Mr ~~~uR iTATE tif~, A~1 d c~j - Of Fort P~erta ,L~~ ~S~ON EXPIRES DEC;-'- -3y~~ ~ - 35 wMOro ~wwetw~~ ~sto w. o[~~5rti~as~a,_. > Q .~CC' - Forf Pierce. Flotida ~ nu ` • ~ . : ' _ ,6~ ~C1 w. . STnj~ 4,. - , _ R POITRAS . , . This Instrument Prepared By QGE V~T COURT ~ First Fed Savings E~ loan Ass~i~j~( CIRC f rt Pieroe . • ~ Chedc y . ~ , - " OV1/1~~~~ `1{bC~ i V~ . ~ ~ i ~ i . ~ ~ ~ . ~ _ _ ~_~_J__w - _ ~ .~r~,,,~ - ~.4C~^9`~s~ ~ s.~K t„ . a . -S.~W.~r.:3~?Y~ .