Loading...
HomeMy WebLinkAbout2025 To plac~ ae~d conti~uousiy kNp on tlw buildieps now a F~eaftN titu~t~ on ~aW land and on ~II equipmeot a~d p~nonaily cov~rad by this ~p~ ap~, with ali prtmiums therson p~id in full, fire iruuwnce in ths uswl sundsrd policy fam, in • sum ~pprov~d by 1hs MORTGAGEE, ~od wirdstam irwwu~e in tM ~iwl standard policy fam. in a wm +pp~oved by tM MORTGJ?GEE, in wch compa~y a compu?ies ~s 1h~ MORTGAGEE may dinttj and all fir~ and windstwm inwrai+ce polkas on aoy of said buildin~, any tnter~it therein or part therso(, in tM e~9re~ate tum ~forNaid or in exceu thereoi, sMll contaln the ususl standard mortya~~s claus~ w tuch oths~ clauss as the Mat~~ee may requir~, makinp the lost under said pol} ciss, each aod every, psyabk ro said 1MORTGACEE a its interest may appsar, aod e+ch and tvery tvch poticy :1~~II b~ promptly ~u:pned and deliversd to •ny hsld by s~id MORTGAGEE as turther security to said monya~e debt, and, ~+ot kss than te~ p0) days in advance of the expi~ation of each poliq, ro dr liwr ro s+id MORTGAGEE s renewal thereof, fopetMr with • receipt for the premium of suth renewal; and tixr~ shall be no fire or windstam insvru~t~ pl~ud on ~~y of taid buildings. ~ny i~teresl thtrein or p+rt thereof, wdess in the form and with tM loss payabk u afaesaids and in the evtnt any sum of mw+ey becomes payable under such polity w policiss said MORTGAGEE iAall Mw 1M option ~o receive and apply the same on accoum of the indebted~ nsss iecur~d hs~eby o~ ro permit said MORTGAGORS to rooeiw ~nd use it or any pan tF?ereof iw othe? purposes, withwt ~h~.eb~ waiving w impair- inq u?y puiry, lisn w ripht ~nder or by vutus of lhis mort9s~e; and in th~ ~ve~t taid MORTGAGORS shall fw sny reason fail to keep the said premises w Inw?ed, or fsil to deliver prampNy ~ny of said polKros of insvrsnce to said MORTGAGEE, w fait promptly to pay fulfy ~ny premium therofor or in any respad fai) to perfonn, discharge, exec~te, effacb complete, comply wi?h and ~bide by this tarenant, or sny parl hereof, said MORTGAGEE may pl~ce and pay for such inwruKe or ~ny put thereof without w~ivinp w affectinp a~y option, lien, eq~ity, or right ~nder w by virtue of this Mort~ape, ~~d the fiull amouot of ~sch and every s~ch payment shsll be im+nediately due and payable and ~hall bear interest from ths date thereof w+til paW at tM ~at~ ol nine per centum per snnum and togethe~ w'~th such interest shall be tecured by tM lian of Ihis mortysge. 1. To permit, commit or suffer no waste, imp~irment or deteraration of said prope?ty w any psA thereof. ~ 5. To pay all and singular the cost~, charges ~~d expenses, includiny s reasonabk attwney i fee and wsts of ~bstracts of title, incurrad w p~id at any Yime by said MORTGAGEE, beca~se or i~ the event of the failwe on the paN of the said MORiGAGOR ~o duly, promptly a~d fully perfwm, d~xharya execute, effect, complets, comply w~th and abide by each and every the stipulations, agreements. conditiau, e^d covenants of uid promissory note and thu mortyay~ any or either, a~d wid cosn, cha~ges and expenses. each ar+d every, shall be immedi~tely due and payabte: whether or not there be notice de~ mand, attempt to colkct or suit pending~ and the full amo~rnt of each snd every such payment ahall lxar interest f~an the d~te thereof until p~W at the rate of nine pa centum per an~ium; and all said cosri, charges and ezpenses inturred a paid, together with such intersst, shall b~ secvred by tM lien of thi~ mortyap~• r 6. Thst (a) tn the event of any breach of this Mortyag~ w default on the part of the MORTGAGOR, w(b) in the event ~ny of said swns of money herein refared to be not promptly a~d fully paid within thi~ty (30) days next after the same severally become d~e and payabk, without demsnd a eotice. or (c) in the event each and every the sllpvlatioes, sgreements, conditions and covenants of said promiuory note and th~s rr.utgage any a either are not ~uly, promptly and fully performed, discharged, executed, effected, compkted, complied with and abided by, then in either or any such ~veM 1M said ap~ greg~te wm meManed in said promiuwy note then remsining unpaid, with interest acuued, and all mo~eys secured Fxreby, shall bctane dw and pay~ able fwthwith, a thereafter, at the option of said MORTGAGEE, as fvlly and completely as ii all of the said wms of money were wiginally stipulated to be paid on svch day, anything in said promiuory rate or 1~ this Mortgage to the contrary notwithstanding; and thereupon a thereafter at tM option of said MORTGAGEE, without notice w demand, wit at law or in equity, therefore or thereafter begun, maY be prosecuted as if ~II moneys securad hareby had matvred prior to ib institutiw~. 7. That in the event that ~t the beginning of o? at any time pending any wit upon this Mortgage, a to foretlose it, or to rcfwm it, or to enfo?c~ payment of sny claims he~eunder, said MORTWIGEE shall apply to the ~ourt hsving jurisd~aion thereof fw the appointment of a Receiver, such Cwn shsll fwthwith appoint a receiver of said mwtgaged prooerty all ~nd singulsr, irxlud~ng all and singular the inmme, pro(its, iuues and revenues from whatever source derived, each and every of which, it being expressly ~nders~ood, is hereby mwtgaged as if specifically set tath and dcscribed in the yraMinp and habendum clwses hereof, and such Receiver shall have all the broad and effectivp.,funct~ons and powers in anywise entrusted by s Co~rt to • Reoeiver, ~nd tuch appanfinent shall be made by wth Court as an admined equity a~d a matter of ebsolute right to said MORTGAGEE, and without teference to ihs edequacy or insdequacy of the value of the property mortgaged w to the sotvency o? insolvency o( said MORTGAGOR a rhe defend•nn, snd that such rents, profits, income, issues u+d revenues ihsll be appl'~ed by such Receiver accwdinq to the lien or equity of said MORTGAGEE and the prattict of s~ch Coutt. , . 8. To duly, prompNy and fully perform, ~scharge, ezecute, effect, complete, comply with snd abide by each a~d every the stip~latioos, agreements, ; condif'ans and covenants in said pran'~uwy note and this mortgage set forth. , S 9. Thst in the event the ownenhip of the mortgayed premises, or any pa?t thereof, becomes vested in a person other than the MORTCsAGOR, the MORTGAGEE, in successors and auigns, msy, without rame to the MCjRTGAOR, deal with such succeuw w wccessor in iMe?es1 with reference to this mortgage and the debt hereby setured in the ssme manner as with lNorigagor without in a~y way vitiating w discharging the Mortg~gors' liability hera unde? w upon the debt hereby secured. No sale of the p~emises hereby mortgaged and no fwbearance o~ the part oi the MORTGAGEE w its successon or auig~s and no extension of the time for the paymeM of the debt hereby securcd given by the MORTGAGE~ or its successws or assiqns, sh+ll op~rate to release, discharge, modify charge or affect the orginal liability of the MORTGAGOR herein, eitF~er in whok or in put. 10. It is specificatly agreed that time is of the essence of this contract and that no waiver of any obligation herevnder or of the obligation se- cvred hereby shall at any time thereafter be held to be s waiver of the terms hereof or of the instr~meM secured herby. ! addiiron to the fwego:og monthty payments of princ:pal aod interest required by the promissory nore secured hereb nts ~ aod agrees to pay e with each mon~hly paymcnt a~ additional sum estimated by mort o t annual cost of the follow- ~ ~ ing: ~ A-All real prope~ty taxes levied w assessed agai~st t real estate. - B-Premiums on fire and windstorm insura ein requ~red to be carrie improvements sitvate on the above desuibed premises. C-Premiums on wck mortg ranty insurar~ce as mortgagee shall from time to time e ' o tsrry on ihe ban secured hereby. j Mwtgagee shall f ine to time notify mortgagor in writing of the amount due and payable hereunder a um shall thereupon be due and ~ payabk on the ate of the next monthly paymeM and each successive month thereafter urtil mortgagee shall notify mor g change in such ~ amount sums shall be applied by mortgagee toward the payment of real property taxes, insurance prern:ums, and mwtgage guaran ante wms. t IN ,WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his hand and seal the day snd yesr fint aforesaid. ~ Siyned, Se ed and 'vered in the presente of: ? • an an ; ~ ; n--~ STATE OF RORIDA ST. LUCIB ~ ss. . courm oF eefore me~erwna Ily appeared YOUri9 D. Diekson ~SL@116 S. D ekson his wife, to me well known and known to me to be the individwb described in and who executed the fore9oirg instrument, and acknowledged befwe me that they executed the same fw tM purposes ex~~. ~ ~ Este2le S. Dickson wife of the wid ~QUng . C SOfl ~poe~ s sep,rats and privat~ ~ examinstan by me taken separate and apsrt from her said husband, ackiwwledged ro and before me that she executed ssid irotrument freely u~d volwr tarily and withovt any compulsion, constraint, apprehension, or fesr of or from her said husband. WITNESS my hsnd and official sesl thia q~ ~ day of A. D. 19 68 Notary Publ' n and fw the Stste of f{or 9a ~t~pe My Comm' an expires: ~tcf / Retum To: ' " Fint Federsl Savings 6 Loa~ Association Of Forf Pierte. ' .:OtLry +'il:?IlL, State of Ftorida at latq~ t¦ forf Pierce. Flwids = j • . . '~'y~ ~p111AlISS10Q ^W 6. ~9n ~ . l ~ ~ ol~d~9 i~C ~ellHSa! E!0 ~ SiMU~C SYI ~"a j -s ' : : ! _ This Instrument Prepared By r.. • F~~Ep ANp R~CORDED . ~ ' %7" : s_• First Federal Savin s 8~ Loan Association : . Y. FLA• 9 , . _ cs , : gT. LUCIE COUNT • of Fort Pierce ' ~r' ~ : •.FD ''•,rO4, , ;.;~J`.' ~ ^nR~ vKR~~ ; Jobn W. Collina ~,~~vU 1'7259~ i ehecked sY ~n::n~,~:~~~ ~ q 5 t eYW1~~~ rIN1i~~ ~68 [~r~ J ~ • _ . - . 9~~ ~ ~ ~ ~ Rp;~R ~ 01T~ ~URT I~' ;