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HomeMy WebLinkAbout0227 , , ~ ' To plaa and contimwusly kMp on tM buildi~gt now a hKtafNr ~itwb on wtd laed and on ~fl pviprtNnt ~nd p~nonally oowr~d bY tAt~ e+at~ p~, with ~11 pr~miwm tMrwn p~id in fu11, fin iraw~nes in tF?~ vwal ~ta~d+rd polky fonn, h a sum approwd by tht AhORiGAGEE, aod wie~dstwn~ Mwranc~ in tM uswl ~und~.d PolicN fanb in a wm approwd by tM MORTGAGf~. h wch canp~ny w o~mpania a tM MORTGI?GEE n++y dinet~ and ~Q fin ~nd windito?m inwwna polici~t on Mr of said build~+pf. +~W ineKKt tha~in or pat thawl, in th~ app~epat~ ~wn sfa~saW a In ucass thenof, ~MII conuin tM uswl sNndard mat9pN dsu~ a such aba dws~ a th~ MortpapN m+Y rWua~, m~kinp tM loss vndK uid polE cin, ~ad~ and ~very. WYabb to s~W MORTGACsEE a its intK~st nwy apMar. ~nd ~acA and ~wry ~uch polih? ~hall b~ pranptiy au:~ned +~+d d~liwred to ~ny h~ld by ~aid MOR1GAGfE a iwtFwr s~curity lo s+W mortpa~ d~bt, +nd. not I~ss d~ t«~ (10) days in adv~na of tl» ~xpkatioo of each policy. to d~ ~iwr fo uid MORTGAGEE • r~wal tMnof. top~tha with ~ rouipt fa ths pnmiwn o1 wd~ r~newal~ and tMn sFwll b~ no fue a windstam k~wr~na piaad on any of s~d buiMinps, any totK~t tiwr~in or put tMrwf, unl~ss in tM form ~nd witA ti+~ los~ p+Y+bb ~s ~for~saidt and in th~ ~wet any w~n of ,no~y b~oon,q p~yahl~ w~ such polky ar polici~s s+id MORTGAGEE aMll Mw tM op?ion ro nosiw and apply th~ sartw on +aount of tM ind~bted~ nas ucund Mreb~r or w permit s+id MORTGAGORS lo nuiw ud u~ it a~M? pat tlxrwf fw o~her P~?Pese~. wi~hout ~hxeb~ wai~i~,y w imp+ir- ~+^Y ~nY. ~iu~ w riphl unds~ or by vktw of thi~ mort~+y~t ~nd in tM ~vMt uid MORTGAGORS shail fw a+y rsaion f~il to ks~p tM wk! phmisa w inaw~d. or idl b deliwr pomptly any of said policies of ins~xs~+a ro~aid MORTG/1GEE. a r~si ~o~?p~y +o P+y f„ur .ny.w.~+~„,n, ~i,...ta o. in anr nsp~et t~il b p~rfw~n, disdw~e. exea?M. eft~ct. campbt~. aort~ply with and sbid~ by thb oovMant, o? any put h~+wf, said NWRTGAGEE m~y plac~ and WY fa wd~ irowano~ or ~ny part tMrwf without waivinp ar ~ff~ctinp +nY ePtion, (fu~, pvitl?, w~ht under w by vinw of tMs Mort~p~. and tM full amovnt of ~sd~ and wery wch p+Yenam sh+ll b~ imnediauh? dw +^d Wyabb +^d s~»II b~u MtKat from tM dah thereof until paid at tM rat~ oi niew per ca?wm p~r anrwm and topether with wch innre~~ sMli be s~cwed by th~ U~n of thit mortp+pe. 4. To p~rmit, oomrnit a~ wffa no wu», knP+i~ment w d~tKior~tion of aid property o? a~y p+rt tMr~of• S. To p~y all ~nd sirgular tl» costs, clwrpN +nd ~xp~ws. indudin0 + r~ason~ble ano?rny's fN and oosts of ~bstracls of titl~. incwr~d o~ paid at sny tim~ by s+id MORiG/1GEE, baeaus~ or in th~ ~wet of tM f~ilvr~ oe the pwt of ti» said MORTGAGOR a duly. promptly a.~d fully perforen, d~sc!»rp~, . ~x~cut~, ~ffM. aomPk~~. ~~Pb with e~nd abtd~ by esd~ and wsry ths sttpvlat~om, ap~~emem+. caod~tio% ~nd aownanb ot said promissory not~ u~d thi~ mort~+p~ +nY or ~i~ha. aod sa~d cosM, cha~s ~nd ~apens~s, sach ~nd w~ry, shall b~ krrnedia?ely dw and p~y~ble: whetMr a not ther~ b~ noriu d~ m~nd, ~n~mpt to colkct or wit peedinp~ a~+d th~ fvll smow~t of esch +n~l wery s~ch WYme~t shall bea. inter~s~ hom th~ daN thenot until paid tht rate of nin~ pK centum per e~num; and +11 ssid own. chu~es +ad expe~s~s irowred a p~id, top~ther with wch intenst, ~11 b~ ~aarnd by tl+~ liso of this morq+~. / 6,. iMt ie the went of any breach of this Mwtpay~ or def~ult on ths psrt of the MORTGAGOR. or (b) in tM we+~t any of wid sums of ~rion~r heretn referrec! to b~ not promptly u~d fully paid within thirty (30) d~ys ne:t after t~ same sever+lly becon~ due and payabk. withoW denwad or noY~q, w W tn the ~vent ~ach and every the stipvtations, sg~eam~nts. cooditions and coven~nts of saud {xomisswy not~ snd th~s mortpap~ ~ny or eitha an no1 ~uN, promptly and fully perfonr»d, d:schar~ed. ~xecuted, ~fhcted, compl~t~d, canplied with a~d ~bidad ~iy. tMn in either w any s~ch ~wnt t!?~ ~id a¢ pre9atf wm mentioned in ssid promiuay not~ then rsmainirg unp~id. with inter~st accrwd, and all moneys sacv~ed her~by. shdl b~oon~ dw and p~y- able forthwith, w the?eaha, at the option of said MORTGAGEE, u fvlly ~rd compl~tely a if all of the s~id wmt of maiey were aiginally sNpulated to b~ paid on such day. snythiny in ssid promissory note or in this Mortyape to tFw contrary ratwithstu~dinp: and thareupon w the?eaha~ at th~ option of •aid MORTGAGEE, witho~t notice or demand, wit ~t law or in puity, tMrefon w thers+hK be~un, may be prw~cuted u if ~II maay~ sewr~d Mt~by ~ had m.w.ed priw ro~n a~srin,tae. 7. ihst in tM eve++t that at the beginniny of or at ~ny fim~ pendirg ~ wit upon tha Mwtyape: a to fo?acbs~ it, u to reform it, or to ~niorca payment of ~ny claims hereundsr, said MORTGAGEE sl.~Il apply ro the Courf hivirg juradidion thcreof fw tM ~ppointment of s Receiver. s~ch Coun sMll fwthwith ~ppoint a receiver of wid mortpsped property a~~ a+~d si~pulu, includmp all and tinpula~ tM inoonw, p?ofits, issues and rev~nues fran what~ver source de~ived, each ~nd every of which, it beinp exprestly ~nderstood, is hercby mortgaged a if specifically set fath and defcribed in the ~rantinp u~d habendum davies hsreof, snd such Receiver shall Mve ~II the brosd u+d effectiw fonct~orw and powen i~ anywise entrusted by a Cwn to s Receiver, ~nd such appointment shall be made by wch Cowt as sn sdmitted eqvity and a m+na of ~bsolute riyht to said MORTGAGEE, ~nd without refersoce to the ~dequacy or in~~acy of the wlve of ~he property mortyaged or to tlN ~olvency or inso~vency of said MORTGAGOR a the defendann, and tfiat such rents, profin, incortie, awes and revenues sh+ll be applied by such Raceiver accordinp to tM lien or puity of s~id MORTGAGEE and the practic~ of wch Courf. 8. To d~rly. promptly sod fully psrform, disch~r9e, execvte, effect, compkte• oomplY with u+d abide by esch ~nd ~vary ths stipubtio~s, spraernants, conditions and coven~nts in said promissory note and this mwtysge set forth. 9. That in the event tM ownership of the mortqsped premises, or am part thereof, becomes vested in a penon other thsn the MORTGAGOR, tht MORTGAGEE, in successws an~ aui~ns, may, wi~hout notice to the MORTGAOR, dcal with such wccessor a wcceuw in interest with refaence to this mo.t9ay~ and the debt hereby secured in the same marux~ ~a with Mwtpsgw nrithout in ~ny way vitiating a dixh+rgirg tha Morrysyws' liability Mre- under w upa+ the dcbt hereby secvred. No sale of the premises hereby mort9aged and oo fabearance on the part of ths MORTGAGEE or iri successon w ~ssigns and no extension of the time for the psymer+t of the deb~ hereby secured yiven by the MORTGAGEf w in sucussors or assgr», shall operat~ ro rekase, discharye, modify changs a affect the orig~nal liabiliry of the MORTGAGOR herein, eHhK in whde or in put. 10. It ls specificslly agreed that time is of the esserxe of this contract u~d tha~ no wsiver of any oblig~tion herevnder or of ths oblip~tion ta- Nra<1 FM~tby 3M1) it u~y tM~M thl~Nhef IfR heJd f0 bQ s waiver of the ttrms Hereof oi of the instrvment secured herby. 11. In addition to the fwego:n~ monthly payments of princ:pal and interest required by ihe p~omissory rate secured hereby, morfgagor covenanis and egrees to pay to mortga9ee with esch monthly payma?t an additiooal sum estimated by mortgagee to be equal ro 1/12 of the an~ual cost of the folbw- '^g' A-All real property t~ces kvied w assessed agairest the above described real estaie. B-Premivms on fire s~d windstorm inswanoe ss herein req~ired ro be urr~ed on the improvemeots silwte on the above described premises. C-Premiums on such mortgage gwrsnty insurance as mortgsgee sh~ll from t~me to time deem fit to carry on the toan secured hereby. i Mortgsgee shall from time fo time notify mortgagor in writing of the smount due snd psyable hereunder and s~ch wm shall thereupon be due end ! payable on the due date of the next monthly payment ~nd each suctessive month thereafter uatil mortgsgee shall ratify mwtgagor of s chanpe in wch ~ amount. Such sums shall be applied by mortgagee toward the payment of real property tsaes, insu?ance prem~ums, and mortgage guaranty insu~~nce E ! P?emiwns• ' f IN WITNESS WHEREOf, the said MORTGAGOR 1»s he?eumo set his hand and sesl the day and yeu fint aforesaid. F ~ $ti~ afld ivM f~f! Pf!!lf100 O~': - /A~`'*/ / ~ t ~ ~N~ ~ C ~ ` rll~~ (S'~in STATE OF FLORIDA ~ ' ST. L~JCIB ~ - ' - ~ Gordon L. Mooze defon m. pKwn~11~app~ ,nd GlOY~i O=~ his wNe, ro me well krawn ~r~d krwwn to me to b~ the &~d'ividwb dauibed in ~nd who txetuted tFa foreyoinp instnxneM. ~nd sckrwwled9ed before ms that they executed ths same fw ihe pvrposas ~.~a ..~a. C~soryia Moor~ w~fe of th~ saM GOtdOII L. MOOZ~ iipw~ • sepsr~te and privat~ examination by aw lak~en s~parat~ snd ap+rt fiom her said husband, adcnowledged w and beforo m~ that ahe executed ssid iostrument ffeely and volvm tarily and without ~~y~pvlsion, cotntraim. ~ppr~lwnsion, o~r fe~ar of a from her said CO~bf! fl8 WITNE~S~1~~Mnd ~n¢,elffiu+l ~1 d+h ~ ~.~•G, day /1. D. 19 ~ ` ~ ....;~~1 ; C . ~ ,,1 sry Pvblk in and fw tM State of fiwids at larp~ ~ ~ ~ ~ " F~~EO ANO R coROEO My •~R~~~`~ LUC1E COU~7Y. FLA. ~wry PY6ic,'Shte of flo~idi at la~ R.u f.d.nl ~.oG+~i.~. .iniso~+l~T.~:: ~ F~c~ ' ~y tommissioa E~ SePt- 23• 1964 ' ~F°~' L'~~' a ! a~ ~.e.a ti ~..K.. a.. a e....rr e.. _ • ~qrF•pierce. Fbridi.~ - . - ; ` . , ; , ; 'ti,, r ^ ~ ~ • ' 3~ '•r.irrn~•:>> . ~ ~ = - This Insttuirient P~epared By First Federol Savings ~ loan AssociaiiBa,~R =.p RMS • of Fort Pierce CL~RK CIRCUIT COURT Chedced By RO~rt L. Marshail, Jz. ~1'75 ~ 2~~ . ~ _ - . - - ~ QN _ ~ _ ~ = ~ ~ ~ . ~