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HomeMy WebLinkAbout1127 # ~ a ~ To ptace and conti~uously k~sp a~ tM buildinps eow a hauftK sitwa oe ~+W land sad on ~II equipnwn~ and perw~ally cowred by this mortp~ pe, wilh ~I) premivms therea~ paid in full, fire lnivr~nce in tM uswl ~t~ndard policy fam, in • ium approwd by tM MORTGAGEE, and wi++d~torm insw~nce tn tM uswl itanda~d pol~cy fam, ie + sum ~pproved by ~M MORTGAGEE, in such comp~ny a comp+o~~s u the MORTGAGEE may direcq and ~It fu~ end wiabtorm iaswanc~ policie~ o~ aoy of uid buildinps. My Iflflfpt ~Flfffilf W p~ft fIN~MI, i~ tM apqrcy+q wm afu~said or in ~xc~u tMreof, shali contafn tM uswl standud mwtgagee claus~ a such otha cl~vw as th~ Matpagos may req~a~. makinp tM loss unda Hid polF ciei, ~ach and eve.y, payabte to s+id MORTGAGEE as its in~erest may appear, u~d each +nd every ivch poticy ~MII b~ promptly au:yned +nd delivKed to any held by uid MORTGAGEE u fu~ther security to taid mwtyay~ dsbt, and, aot less than te~ (10) days in advance of 1M expiratio~ of each po!'~ty, to da liver to ~aid MORTGAGEE a renewal thtrwf, lopethtr with a receipt fw the p~emium oi such renswal; snd ther~ shall be no f~re a wind~tam ins~ru+a plxed on any of said buildin~s, ~ny lnterest tlrorei~ w psrt thereof, unleu in tM form end with 1M lou pay+bk ai ataessidj ~nd in the evtnt ~ny wm of money becanet payable uoder such policy o~ polities said MORTGAGEE ihal) h~w th~ option to receive ai?d ~pply the same on aaamt of ths indebted- i ness iecured hereby w to psrmit said MORTGAGORS to rateiw snd us~ it ot eny pan thereof fa other p~~posa, wi~hout thereb,r waiving a impair- ! ing any eqvity, lien or ~ight ~x+der or by virtw of this mortgape; ~nd in tM ~vent said MORTGAGORS ihall fw any teason fsi) fo keep the s+id premises w i insured, or fail to deliva p~omptly any of wid policies of insuranu to s+id MORTGAGEE, a fail promptly to pay fully any premium therefor or in a~y respect fail to perform, diuharge, execute, effact, complete, comply with ~nd sbids by this covenant, a+nY parl hereof, said MORTGAGEE may place and pay fw such inwrance o? sny pan thereof without waivinp a~ffeclinp ~ny optia+, li~n, equity, w rigM vnder w by vinw of this Mwtgape. and the full amovnt of cach and every such payment shall b~ immediately dw snd payable and sh~ll be+? interest from ths dale thereof until paid at th~ ~ate oi nine per ce~tum per snnum and together with such interest thall be secvred by th~ litn of this morfyape. 4. To permit, canmit or suffer no wute, impairment or det~rio?aYwn of said property w any paH thereof. 5. To pay all and singulu ths costs, tMrges a~d expenses, intludirg a reasonable attwney'~ fae sr+d wtts of ~bstracts of titte, incvrred or paid ~t any time by said lMORTGAGfE, beuuse a in the event of tM failuro on ths paA of ~he said ~1110RTGAGOR to duly, prompNy and fvl~y perfam, d~sch+rgR execute, effect, complete, comply with and ebide by each and every the stipulations, ayreements, cond~~ions, ~nd cove~aon of sa~d promissory noro and this mortgape any w eithe~, a~?J said costs, chuges and expenses, each and every, sMll be immediately due a~d payable; whethe~ w not there be rat~ce da mand, attempt ro collect w w1t pendingt ~nd the full amount of each and rvery wch payment thall bear imerest from the date lhereof until psid ~t the rare of nine per cenwm per ann~m; and all said costs, chsrges and expenses incvrred or paid, together with s~xh iMatesl, ihall be secv~ed by ths litn of this i mortpa~~. i 6. That (a) in the event of any breach of this Mortgs~e or default on tlr part of ths MORTGAGOR, or (b) in tM event ~ny of ss~d s~ms of money ~ herein referred to be not promptly and fully paid within thirfy (30) days next after the same severatly betome due and payable, without danand o? notics, or (c) in the event each and every the stip~tatioos, agreemenri, conditions snd coven~nts of sa~d promiuory note and th~s mortgaye any o~ either are not iuly, promptly and fully performed, dixharged, exstvted, effected, compkted, compl'~ed with and ~bided by, then in either or any s~ch eveM tM said a~ gregate sum mem"aned in said promiuory note then remaininp unpaid, with imerest acuued, and all moneys sec~red FKreby, shall become due and pay~ able fathwith, or thereafta, at the optlon of said MORTGAGEE, ss fully and completely as if all of the said wms of money wero originslly st~pulated tc be paid on such day, anything in said prom7ssory note or in this Mortgage to the contrary notwithstsnding; and thereupon w there~fter af the optian of se~d MORTGAGEE, withovt not~ce w demand, wit at law or in eq~ity, therefore w thereafter beg~n, may be prosec~ted as if all moneys secuted hereby had m~tured prwr to iri institution. 7. That in the event that at tF~e beginning of or st any time peoding any suit ~pon this IYlortgage, or to fweclose it, w to reform it, a to enfo?ts payment of any daims htreunder, said MORTGAGEE shall apply to the Court having jurisdittion thereof for thb appo~ntmtnt of a Receivei, suth Courf shall forrhwith appoint a receiva of said mortgaged property all and singular, intlud~ng all and singutar the income, profits, iuues and revenves from whatever source derived, each and every of which, it being expressly vnderstood, is hereby mortgaged at if specifically stt futh and described in the yrantinp and hnbendum dauses hereof, and s~rch Receiver shall have all Ihe broad snd effective funct~o~s and powers in anywise ent~uated by a Court to a Receive~, snd wch appointment shall be made by wch Court u an admitted equity and a m~tter of absolute r'~ght to said MORTGAGEE, snd wilhout referente to ths adequacy w inadeq~acy of the valve of the prope?ty mortgaged w to the sohency o? insotvency of said MORTGAGOR or the defendanri, and thaf such rents, profits, income, issues and revenues shall be applied by such Receiver accordinp to the lien a equity of said MORTGAGEE and the practice of such COUff. 8. To duly, promptly and fully perform, dischar~e, execute, effect, compkte, comply with and abide by esch and every the stipulatio~u, agreemants, ! co~ditions and covensnts in said promissory note and this mortgsge set falh. ' ' 9. 7hat in the event the ownenhip of the mortgaqed premixs, or ariy pa~t thereof, becomes vested in • perw~ other than the MORTGAGOR, ths h'~ORTGAGEE, ifs successors and assigns, msy, without ratice to the MORTGAOR, deal with such succeuor w waessa in interesl with reicrence to shis mortgage and the debt hereby setured in the same manner as with Mortgagw without in ~ny way vitiatirg o~ d~xharging the Mortgagon' liability here- vnder or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fabearante on the part of the MORTGAGEE or itf successo?s or assigns and no extension of tfie time for the psymeM of the debt hereby secured given by the MORTGAGEE or its wctessors w~ assigns, shall operats ~o release, discharge, modify change or affect the wiginal liability of tFx MORTGAGOR herein, either in whok or in put. ~ 10. It is spedfically agreed that time is oi the essence of this contrsct end that no waiver of a~y obligstion hereunder or of the obligation ar cured hereby shall at any time thereafter be held to be a waiver of the ternu hereof o? of the instrument secured herby. 11. In addition to the fwego:ng monthly payments of princ:pal and 'enterest required by the promissory no~e senired hereby, mortgagor covenants and agrees to pay to mortgagee with each monthly payment an additio~al sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: A-All real prope~ty taxes levied or assessed against thc above dexribed real estate. B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above d-svibed premises. C-Premiums on suth mortgage guaranty insurarce as mwtgsgee shall from time to time deem fit fo carry on the {oan secured hereby. I~ Mort9agee shall from time to time notify mwtgagor in writing of the amount due and payable hereunder and such sum shall thereupon be dve and i cayable on the due date of the next monthly payment and each successive month thereafter urtil mortgagee sfiall notify mortgagw of a change in such a~.,ount. Such sums shall be applied by mwtgagee toward the paymeM of real property taxes, inwrance prcm:ums, and mortgage guarsnty insurence premiums. IN WITNESS WHEREOF, the ssid MORTGAGOR has he?eunto set his hand and seal the day and year first aforcsaid. Sign ealed and delivered in the presence ~ ~ ( ~ ~ ~ t ~ i~ `.f t'1 i i~ r~ ~ s--.~~l~~.'C'-tian DOCUMEjyTr~~~ `,T,~;ti;~-~ ~ - - - _ i,~~( = NJV13'69 =~:s~ - - - _ ~ ~ai ~.aa~... 4 8 V /Slan COMPTRCLL_(i~~; ~ O - P.B.'4~;3a ~A•:s:~- ' ! STATE OF fIORIDA ~ 5S. couNnr oF .St. Lucie Before me penonally appeued R LSS@IZ ~11 • B1~W@ZZ and Roberta L. BLIYW@ZZ his wife, to me well known and known to me to be ~he individusls desvibed in a~d who executed the faeyoirg instrument, and acknow{edged before me that they executed the same fw the purposes therein exa~d. n~a rne Roberta L. Burwell ,~ife of the said Russell Id. BIlYW@IZ ~pon s separate ~od private examinstion by me taken ceparate and apsrt from her said husband, adcrawledged ro and befwe me thst she executed said instrument 4tally and vok?rr rar~ly and without sny compulsio~, constraint, appreF~sion, or~ear of or from her said husband. . - WITNE55 my hand snd officisl sesl this T d+y of November .q~~ ~y''4~ ' .,,j : . ~ - • Li ~i4S6~„~'~'. a'_~:.5~ ; , Notary Public in snd fw the Stat~-qj Florida.~t+rp~ - My Commisiion expira: : ~ . u' : i` . Fint Feder~l SaR~ngs a. ~oa~ /?~so~~ F~LEO AND~ R~CORDED~... . o~,. ~'T: IUCIE COUNTY. FI.A~ ++OtA~~ PYtUQ =TATE Of RORIY~'bT :UI~E ~ G7 Oi Fort P~erce_ MY COMMISSION EXPIRES ~EC. : ar.1~D}-: ~.~r! • ~ R~CORD VERIFIED s " ' . fw~ Pierce. Plorida ~ wNOe~ ~eROUON rRED W. DIE3T.[1~~{Q,v:.'. Q. • RECEIVED = IN PAY~lIEkT A.Y. , This instrument prep~ b~~ ' 3 ~ 9~ 3= D'JE CTI i.u~3 'C' It~7Ai~IG16LE PERSOtlAt •P~+E~ ` PJF.:.:::::T Ta C7:~r'TER 2072•:, ACTS OF 1341, First Federal Sav. & loan Assn`f,~ r~cc~;t r~~i~:~s, cterk circuit cou~t of Fort Pierce ROG R POITRAS ~•d~~~t ~or CJR:IS t?1. JAMES By __T - ~~11 ins n„~~~„aK CIRCUIT COURT~ S~ lucie Count~? Tax Col~edor ~ By _ _ a ~EPI~i1f. ~ i ~o~ ~.74 p~~i~~4 ~ U"' cf ____~a ~.~..~=r==n~= - _ - -