HomeMy WebLinkAbout2298 To pt+c~ and conUnuovsy k~sp oo th~ buildinps now a~r~a/t~r ~itu~t~ on said land ~od on aN equipmMt and pe.sonaUy covtred by this mor~p.
aQ~, with al) prsmivms thsreon p~id in f~ll, fire insu~anc~ in the viv+l ttsodard poliq form, in a sum approv~d by 1M MORTGAGEE. ~nd wind~torm
1niw+nte In th~ inwl srandard policy tam. In a sum ~pprovad by tM MOR1(9AGEE, i~ such comp~ny a compani~s ~s ~t» MORTGAGEE may
dk~ctt +~nd all tin aod wiodswrm iruurar~oe policai on any of said b~?i1d:nQs, any inltre~t thereio or put therwf, In tl+~ ~rep~t~ s~m afot~ssid or
In ~xcNS thenof, iAall conuin ths ~swl stsndard mortgspe~ clau~ or wch other clau~ as ~M Mortpa9~s may rp~i~~, m~kinp ~he loss unde~ ssid po1F
cies. each and everY. paYable to said MORTGAGEE as its i~tcreit ~.:~Y +ppeu. and eacA and every tvch polity thall b~ p~omptly ais:yned and deliva~d to
~ny Mld by said MORiGAGEE ~s furthe~ securify Io said mwtpaye dcbt, a~+d, no1 leu ~han teo (10) days in advance of the ~xpba~ion of each polity, to d~-
liwr to uid MORTGAGEE ~ renewal tMreof, loptther witA a ~eceipt for the pr~mium of such ~e~ewal; and thero thall be no iire u wi~dttwm inw~anc~
pla~d on ~ny of said buildings, any inre~e~t therein a pan lhereof, unleu in ths form and with tM lou p~yabb as ataes+ids and in the ~v~nt any wm
of mon~y becomes payabk ~ndtr such poliq a policiss said MORTGAGEE shall have the option to receive and apply the same on ~ccount oi the indeb~ed~
neu s~Nr~d I~eby er ro permit said MORTGAGORS to ?Ke~ve ~e~d ust it a any part thereof foi orhe~ pu,poses, wilhout ~hereb/ waivi~~y or impair
irg any puity, lien or riphf under w by virtw of Ihis mortyape; ~nd in tM went said MORTGAGORS shall fw any ~eawn fail to keep the uid premiset so
inwrcd, o~ fsll to dsliver promptly any of said policias of msurance to said MORTGAGEE, a fail prompffy to pay fully a~y prem~um the~efor or in any
respact fail to p~r(orrty diachuQe, a:et~ts, effect, complete, comply with and ~bid~ by this covenant, o. ~ny pan he~eof, said MORTGAGEE may plate ar+d
pay fo~ iuch insuranc~ or a~y paM thereof without waivinp w affedinp a~y option, lien, equiry, q right under a by virtw of this Mwt~iye, and tht
full imount of each ~nd ev~ry such payrt?ent shatt bs immedi~te!; due snd payable and shall bear interest from the date thereof until paid at ths raq o!
nine per centum per annum and togeth~v with such interest shall be setured by tha lien of thii mortgage.
I. To permil, commit or avffs? no waste, knpairment or deterioratio~ of said proparty or any paA thereof.
S. To pay all arwl singulu 1he coab, chsrges ~nd exr:nye;, includiny a reaio~able sttorney's fee and wsts of abstracts of title, inc~rred or paid at
any time by said MORTGAGEf, Muwse or in tha ewnt af tM failure on the part of the said A40RTGAGOR 1o duly, promptly ~nd fully perform, dischargt
execute, effsct, complet~, comply with and ~bide by each and every the stipula•ions, agrecments, conditio~s, end covenents of said promissory note and this
mortgage any w either, and said cosb, chargq and s:penses, esch and every, shall be immediately due and payeble; whethar p not thers bs notice da
mand, ~ttempt to tollect w suit pendingj a~d ths full amovnt of wch and every such payment ihatt bear interest from the date ~Mreof ~ntil p~id at the
rate of niM per tentum per annum; snd all ssid tosn, cF?arges and expenses irKUrred ot peid, together with such intaest, ahall be setured by the lien of thif
mortyays.
Q lhat Fn f1~a event of iny breach of this Nlwtpaye w dsfauh on the paA of the MORTGAGOR, or (b) in the event any of said s~ms of money
herein referred to be not pramptly and fully psid within thirty (30) days next after the same severally become d~e and payable, without dema~d M notita,
w(c) in the event each and every thc stiputatian, sgreements, cawi;tiwu a.~d mvenants o! sa~d p.om;uory nore and fb;s morlgaye sny a either are na1
~uly, promptly and ivlly performed, d~xharged, executed, effected, completed, complied with and abided by, lhen in either or any such eveM tM said s~
gregate wm mmtioned in said promissory ~ote lhee remainirig unpaid, with interest accrued. and aU moneyi secured hereby, shaU becorne due end pay~
able fathwith, a thereafter, a~ the opfion of said MORTGAGEE, as fvlly and compl~tely as if all of the said wms of money were aiginally stipulated
to be paid on such day, anytAing in sa;d p~omiuory note w in this Mwtgage to the contrary notwithstanding; and thereupon w thereafter at the option of
said MORTGAGEE, without notice w demand, wif af law w irt equity, therefo~e or the~eafte~ begun, may be prosecuted u if ~ll moneys secured hereby
had matured prwr ro in institurion.
7. That in ths event ~hat at the begi~ning of or at sny time pending any suit upon this Mortgage, or to foreclose h, or to mform it, or to enforos
payment of any ctaima hereunder, said AAORTGAGEE ihalt appty to !he ~ourt heving jurisdict7on thereof for the appointmenl of a Reteird, such Cour1 shall
Forthwith appoint a receiver of said mortgsged property all and singular, incl~dmg all and singular the i~come, p~oiits, iuues and ~evenues from whatever
source derived, each and every of which, it beir?p expressly understood, is hereby inwtgaged as if spec~ficatty se1 forth artd desuibed in fhe grsntin~ and
habe.~dum clauses hereof, and such Receiver shall have all the broad and effepive functions and powers in anywise entrusted by • Court to a RKeiver, and
such appoimment shall be made by such Court as an admitted equity and a ma~ter of absQlvfe- right ro said MpRTGAGEE, and withoul reference fo ths
edequacy or inadequaty oi the wlue oi the properry mortgaged or to the sotvency or insolvency of saFe!'MORT6AGOR d fhe defendants, and lhat such
rents, profiri, income, issves snd revenues shall be applied by such Receiver accwding 1o the lien p equiry oi iaid MpRTGAGEE and the prMice of such
Court.
8. To duly, promptly snd fully perfo?m, dixhsrge, exvute, effect, compkte, compfy with and abide by eacfi and every tAe stipulations, agreemenp,
conditans and covena~la in said promissory note and this mortgage set forth. -
9. That in the eveM the ownership of the mo?tgaged premises, w any part thereof, becomes veated in a person other than the MORTGAGOR, th~
MORTGAGEE, ita successors and auigns, may, without notice to the MORTGAOR, deai with such successw w succeuw in interest with reference to this
mortgage and the debt hereby secured in the s~me manner as with Mortgagor without in any way vitiatu~g w dischuging the Mortgagors' lisbility hera
undet or ~pon the debt hereby secured. No sale of the p~emises hereby mwtgaged aod no forbearance a? the pah oi the MORTGAGEE w its succeuors
or suignt and no extension oF the fime for the payme~t of the debt hereby secured given by 1he MORTGAGEf or its succeuors w sssigns, shsll operafe
~o release, discharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole or in put.
10. N is spec;{icatly agreed that time is of the esxnce of this contract and that no waiver of any obligation hereunder or of the pb1l~aYan se-
tvred hereby shsH at any time thereafter be held to be a waiver of the te~ms hereof or of the instrument secured herby.
addition to the forego'ng monthly payments of p?inCpal and interest required by the promiuory note secured F~ereby, morfgagor tovenanfs
and agrees to pa agee with each monthly payment an additio~al sum estimated b mort
y gagee to be equal to 1/12 of t o~
ing: -
' A-All reat properfy faxes tevied qr assessed against t rea .
B-Prem;ums on fire and viindstorm inswance as herein ~ carried on ms :ituate on the above described premis~y,
C-Premiums on such mwtgage gusrant ' e_as mortgagee shall from time to time deem fit to c e loan secured hereby,
Mortgagee shall from time t ' notify mortgagor in writirg of the amount due and payable hereunder and such sum"Zha{ ~evpp~ be due ~r~d
payable on the due dat e next monthly psymen) and each succeuive month thereafter ur.til mwtgsgee shall nolify mortgagor of a m wch
amount. Suc s all be applied by mwigagee toward the paymem of real property tsxes, insvrance prem:ums, and morigage guaranfy inw
pr . .
~
!N WIINESS WHEREOF, the sa;d MORTGAGOR has herevMO set his ha~d and seal the day a ear fint or
a liver in the p~esente of:
n
- , n
- ~-n
rc--n
STATE OF FLORIDA ~
St. Lucie
counmroF "
defore me penonally ~ppearcd _ Fl'altlel~ll A. arri
Valerie V. Ha_rrin . his wife, to me well known and known to me to M
the individwls described in and who executed tF~e foregoiny instrument, and adcrwwledQed before me that they executed the same for tl~e purposes
e~.~. a,a t~ vaierie v. xarris
wife of the ssid F~d1I~Cl A• H~Z S
ex~minstion b me taken se pa uPon ++~Wr+te and pr;vat~
Y parate and a n\from her aa;d husband, etknowl,edged to and before me that she e:ecvted said instrume~t ffeely ~nd volun~
tarily and witho~t any compulsion, constraint, ~pp?ef~erKi~, or fear of or from her said husband.
WITNESS my hand and official seal thii dsy of A. D. 19.~@_
' Notsry P K in ~nd fw th~e State of Fbrida ~t tarpe
Rewrn Ta. . . MY siwn expires: ypr~~ `~~7 /
fint federd Savings 3 loan /lswciation ,.,~~~t:•:t;.,
Of fort Pierce. ti'~;`'• ~~,~~~~I~rida at 4rq~
, ~o~ PK.u. Fi«~d~ ( ; r . , : : M~? Commissaa Expires Auy. 6. 1971;
= ti• C~ v . r:~ 14~ld~d bc A~~ Eg 4 cfw+lqr Cf~
_ ~ . :
= ~d : C' t ~.3 ~ ~
This Instrument Prepared By . = -r : ` ~ F~lEO ANO RECOROED
First Federal Savings b loan Association 0~~~ ST• l.UCI~ CpUNTY, FLA.
• of Fort Pierce ,f.,:, ~ ` ~'•E:C~R'J l~~~j~{~D
Jon~ w. co~~~s ~~'k~ -1 ~~'2`?'85
Chedced By _ ~ , ~ , ~ . . i ~68
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