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HomeMy WebLinkAbout0046 To plaa and oa?Wwoushr ~wP on th~ buiWinp~ now a hx~ah~? ~ih,a» an saW I+rid and on atl putpn?N?t ~nd pKwoally aow«d bl? lhif narq~ ag~, wHh all praniwm tl+Kaon p+id in fvll, fin insweno~ in ?FN uswl slard~rd polky fomy in • tum approwd by th~ MORTGAGEE. ud wlnd~tonn kwMana In th~ wwl p~ndud policy farA, ia • wm ~pprowd by th~ MORTGAGEE. fn wch comp~nY o? oon~i~s a~ tht MORTGArsEE mar dinclt ~nd ~II fin and wi~btorm inwronc~ Pditia on ~++Y of said buiWinps„ any i~teMSt Musin ot part thtreof. i~ tM a~rpat~ wn? ~for~id ot In ~xau 11wr~of, sMll cont~in tM vswt stand+rd mon~s~t clwN or wd~ o1F~ claw~ a tl» Matp+pe~ m~y rpvir~. m~kiep tM loa w+dK said poti~ ciN. each «+d ~very. WYabl~ w wid MW~iGAG~E a its intsrat nyv +PP~+4 ard t~ch and ~vaY iuth PaKY ~MII b~ p?anptly ass:pn~d and d~livK~d W any h~W by aid MORTGAGEE a funl?u sscurity w s~M ma~yaye d~bt, and. not. t~ss th~n qn l10) d~ys in sdvana of tM ~xpkation of ~ch po1M?, fo dN liva to wld_MORTGAGEE a r~w~l thnnol. top~tMr witA a rec~~?t tor tM pr+mium of wd~ nnew~lt ~nd tF~~ ~h+ll b~ ~+o fin w windstorm {nwra~u plapd on a'~y of said b~iWinpb aey intaMt tlw.-~in ot put fMrwf. unl~ss io tM fonn snd with th~ loa pay~bl~ as ~forts~idt and in ti~ ~va~t any wm of money bscom~t paYsbb w+dN wd~ polky or polici~s s~id MORiG/1(iEE sl»II haw tM option ro~soeiw a~d spply th~ s+m~ on ~cc~ount of th~ ird~b~ed~ mss s~ew~d ha~by a a pKmit saM MORiGAGORS to naiw and u~ it a any part tFwreof ior other pu~poses. wi~hout fhereby waivi~g or impaiF ~+~Y ~fi?. ~wn w riqht wid~c.w~ by virtw of thit morip+p~t and in tM ~wat wid 11lWRTGAGORS sMll for u~y nason f~il fo ke~p tM w=d p~rt?is~s w k~sw~d. or fat) to d~Uwr P~~W~Y ~Y of said politi~ of ieawaiw to ~+W MORTCaAGEE. or f~i! P~~^P~~Y ~ WY ~+Ily any premwm therefor w M anr reap~ct f~il to putorm. disclwp~. ~x~cvt~ ~ff~ct. comPl~tt. comP~Y with and abW~ by tAfs oov~nu?t. a ~ny part M~wf. said MORTGAGEE nNy plaa~ ~ed p~Y fw wd~ y~surar~ w any part tMreof withow w~kirp a ~ff~ctinp ~?y optio~, INn, puity, or ripht u~da a by virtw of thia Maty~p~. ~nd tM full anww+t of tad~ and ~vay such paym~nt ~hsll M tnrmdi~tely dw uw! piyapb snd sh~il beu interat hom th~ d~ts thenof w+til p~id at thf ralt ot nin~.pK aantvm p~r anrwm and to~cthar with wch intere~t sh+ll be iecund by iM li~n of tiw mortp+gt. 4. To p~rmit. c~nrnit or wffM no wasts. MoWirtn~nt or d~tsRoratan of said prop~?ty a any prt thereof. S. To p~y all and ainpvlar th~ cah„ d~v~ +nd ~xp~n~e~, indudi^0 s nasaNble atwrn~y"s fes and oats of absnac~s of titl~, incwnd a p~id ~t sny time by said MORTG/1GEE. b~tavse w in tl+e ~vent of tM faiiun on 1hs p+rt of tl» said N10RTCsAGOR /o duly. PromPtly and fvl~Y Pe~forn4 diuhu9~ ~xacvte, ~ff~tt, complst~, aomply with and abid~ by ~sd~ ~nd wa*Y th~ st~putati«w ayreemeots, conditiom, ud coven~nb of s~id promiuory no» and thi~ mortp~ any w atMr. and said oodri. dMrpas and expsn~es, esch and evary. sh~ll be immediately due u~d p~yablet whether a not tMre b~ notice ds msnd, afl~mpt to collect or wit peodinpj u~d ths full amowN of each ~nd wary wch paYn+er?t sh~ll bea. interesl fron+ tM dat~ tMreof w~M p~W a~ yF~ rate of nim p~r centum per wwms and ~II said owts, thu~a s~+d exp~r?ses ina+rred or paid, togdher with wch iM~r~st, sh.u b. s.a?~.d br ~h. of tlw ~q~ 6. ihit (a) in fht ~vent of ~y brsach of ihis Nlorlyapt o~ d~f~ult on th~ puf of ths MORTCaAGOR, or (b) in tta ~wnt any of aidrwms of mon~y herein nfar~d ro b~ not promptly and fully r~id within thirty (30) days next aher the same severally becane dw and pay~ble, wi~hoW dsmand a notic~ or (c) in tM event euh and every the stipubtio~n„ ap~eemeros, aonditions and coven~nn of sa~d promissory nofs and th~s mafyap~ any a ~ithar ~n nw ~uly. promptly snd fully perfam~d, discharped, ezea?»d, effatted, compld~d, complied with and sbided by, thsn in either or any such event ths uid a~ preg~te wm mentan~d in s+id promissory note ther? remainug vopaid. with interest scaued, and ~II maieys setured hetebY. shall beoome dw and MY~ able forthwitl~, w thereafte~, at the optia+ of said N10RTGAGEE, ~s fu11y and compktely ~s if all of the wid wms of money wen oripindty stipvl~ted to be paid o~ wd+ day. anything in said Womissory ~+ote or in this Mwt~s9e to the cont.ary notwithstandir+p; and thsreupon or thereaAer at th~ optio~ of said MORTGAGEE, withow notiu a d~mand. svit at law or in pvity, tharefwe or thereafier be~vn, msy be prosecvted as if all moneys sac~red,l~r~by had matwed prior to iri instifution. 7. That in tM event that at the begioning of or at any tim~ pending any wit upon this Mortgsge, or to foredose it, w to roform N. o? to ~nfwa payment of u~y d~ims hereunder. ssid MORTGAGEE sMll apply to the CovA having jurisdiction thereof fw the appointment of a Receiver, such Caxt sh~ll fwthwtth ~ppoint a receiver of said mortgaged property sll and sirgular, indudug all and singular the income, profin, issues and revenues f~pn what~ver •arrce derived, each and every of wFi~ch, it Ibeirg wcpreuly undentood, is hereby mwtgaged a if specifically set forth ai+d dewib~d h the yru?tinp and habendwn clauses hereof, and wd~ Receiver shall h~ve all the b~wd and effective funct~oru and povvcrs io a~ywiss entrvsted by a Carrt to a Receiver. and •ucfi appoinlmem shall be mad~ by wch Cou.~! as a~ sdmitted ~quiry ~~d a mattct of absoluts r'gM to said MORTGAGEE, and without nferencs to fh~ adequacy a in~dequacy of tM wlu~ of tM property mortgs~ed a 1o the soh~ency or insdvencY of seid MORTGAGOR a the defendaMS, ud that wch rems, profits, income, iswes and revenws si+all 6e applied by such Receive~ accordinp to tM lien a pvity of said /MORTGAGEE and the praetic~ of wch Court. 3. To duty. P?o~+Prty .~d fi,iy ~o.m, d'nch~rye, execute, effect. oonpkte, camply with and aMd~ by each and every ths stipulatior~s, ~yrs~rt»nta, conditaro aod covenuna a~ said promissory note and this mortg~ge set forth. ~ 9. That in the event the ownenhip of the mortg+ped premiies, a sny put tl~eof, becomes vested in s person other than ths MORTGAGOR, th~ i MORTGAGEE. Hs svccessors +nd +ssigns, msy, without no~ice to the MORTGAOR, deal with ~uch svaesw~ o~ wccesaor In interest with referance fo this mortpape u+d the debt hereby secured in the same marn+er as with Mwt9agor without in uiy way vitiatin~ or d~schs?ginp ths Mwt9apors' li~bility Ikn- under or upon the debt Froreby senxed. No sals of ths premises hereby mortg~p~d aod no forbearanos on the pan of ths MORTGAGEE or its successors w assig~ and ra extension of the time fw tl+e payment of the debt hereby secured given by tM MORTGAGEf or its wcce~on or assigro, sMll op~r~N ro release. disd+ar~e. modify ch~ny~ w affect ths original liabiliry of the MORTGAGOR Mrein, eitha in whole or in part. 10. tt is specifically agreed tMt time is of the essence of this contrsct and th~t no wsiva of any obligation F~ereundsr or of ths obll~atloe ~e- cvred Iwrtby shall ai any time M~eteafia be held to be s waiver of the terma hereof a of the irotrvme~t tewred lxrby. 11. In add~+~«+ ro the taepo:oy ?,wr,rhy payrner~n of. P.~++c'psl sod interest requhed by tha promissory nole secured hereby, mortqsgor covetwnb ' and agrees to pay to mortgagee with eath montbly pay~nent an add'etional sum estimated by mortgayee to be,equal to 1/)2 of the annual tost of the follow- i^9~ . y ' . A-All resl property taxes levied or assessed against tfie above described resIl estate. • : b-Premiums on fire and windsto?m insurante as Ixrein requ~red fo be urried on tlx improvements sifvate on fhe above dexrilxd promiaes. C-Premiums on such mort9ege 9uaranty i~wrance as mortgagee shsll from time to time deem fit to ca?ry on the loan secured hereby. Mwtgsgee shall from time fo time notify mwtgagor i~ writing of the amount due and psyable hereunder and auch wm shall thereupon be due ~rd payabla on the dve date of the next monthly paymeot and eath suaessive month thereafter until mortgsgee shall notify mortgagor of a charge in such amount. Such wms shall be applied by mortgagee toward the payment of real property taxes, inswante prem+ums, and mwtgsge gwranty inswance Premiumt• • IN WITNESS WFiEREOF, the ~sid MORTGAGOR• ha3 herevnto set 1us hsnd and seal the day yeu fiai afwesaid. ! ' rwd, aled•an deli ed in^~'presence oh ~ ~ j ~ `~`~L e son . owerYs n , , ~ A Widowez ~ j STATE OF~ja~ ;MI I'QGAN~ ~ , . S5. ~a,w,r oF Y/y~- e.f„e ~,p„~h, ,~,,.a Nelson C. Howezsr. A W ieloweY ~ ms Mrell knovrn and knovrn fo nw 1o b~ rM GxGridw4~ daaib~d h and wFa ucewted ths fora~yoirg hst?um~nt, and adcnowledped beforo m~ h+t t~~~ ~x~wted tF+s sarn~ fa th~ purpw~s ho d+c.ein •xpnsssd. ~~slefif~[ - - ~.b,fi~~ ~ ~ ~.l~~lh° p WITNf~S 11fy ~Nfld Mld O~fiti~) M~ /~iY Of ~ ~fv~~i f ~j ~ •~i ~i ~s • i • FILED ANO RECORDEO ~ +^d ~ ~ ' ST. LUCIE ~OUN7Y, FLA. M" • ~ RMxe To~ - • p ' 4 :a : s.. _ R~.CQR!~ ~~ERIFI~D ' . Fira Fed~a~ s+vinps a to.n As.ociatio~ 1y ~ ~ Of Fwi Pierce. ~ I 1~~2 l~ ea~,~,,sf~s,~ . . rb.? Pi~?u. F{o.id. ' . / ft:~r1~ ~ 68 OCt 18 AN 9. 33 ~-f~:,~,~~?~~,,•_,. Tfiis Instrument Prepared By ~p~,~R POITRAS . First Federal Savings b loan AssoCtt~K CIRCUIt COURT • f Pieroe . ct~ak y ' ~ - ~OOK PACE ~ - q ~ t - - - ~ . . e!