HomeMy WebLinkAbout0859 , . ~
To plaa ~nd contirnw~sly ke~p on tM buildinp~ now or Maah~r ~itwN on aid bnd and on ~11 quipment ~nd pMOnally cov~nd by thi+ maq~
p~, with dl pamiwns therwn paid in fu11, fin imwanct in th~ ~wal uu+dard policy form, in •~wn ~pprowd by tM MORTGAGEE. ~nd windstan~
Ir~x+nce in tM ~wal ua~d+rd policy farn. in • wm ~pprowd bY tM MORTGAGEE. in wcb comp~nY o? oorrW+ni~s u tM MORTGAGEE nnay
dir~j ~nd all fire a~d w~wnn i~uwa+~a polid~s on any of iaid build~npa, any inhr~st d+~sin u pah therwf, in tMr ap~re~~r~ w~n ~faesaid a
in acc~a thenoi, sA+ll oontain tM uswl :t~ndard ~ty+~ daw~ or wd+ aha d+~?s~ ~s tM Mor~papN m+Y nquin. m+4i~p tM bss w~d~~ s+~d po~}
cie~. each and ~rNY. P+r•bl~ ro s~id MORIGAGEE a~ in inr~r~s~ maY +i~, and each and ~v~+Y s~d? poGh? sh~ll b~ promPNy ass:9ned and d~tivered ~o
~ny h~ld by s+id MORiGAGEE u furthN security ro s~W mor~ps~ d~b1. and. eW ba lhan qn (10) days in advanu of ~M ~xpiration of ~ach policy. ro da
liwr ro~+id MORTGAGEE ~ reMwal fMrtof. MpNhK with a rxeipt fot Ih~ prKnium of wd~ re~xw~l; and thert sMll b~ no fir~ a windstwm ir+wr~e+t~
plaad on ~ny of said buildieps. ~ny ieter~st tMnin or put tMnof, uniesa in tM fam snd with tM loss p~yabl~ u~fa~saWt a~d ~~~+t any swn
of mon~y becaMS p+yable w~? wd+ policy a pol~ci~s s+W MORTGAGEE sh+ll haw rA~ option ro reoeiv~ and ~pply th~ sun~ on +ccow+l of tM hd~bted-
nNS s~cw~d hKeby w a pami~ said MORTGAGORS ro~saiw a+d wt N a any put Mereof fw other pwposea, without the~eb~ waivi~y w impair-
inp ~ny pviry. IiM o~ riqht under a by virtw of this mort~+p~t +nd in tM ~vMt ~aid MORTGAGORS sl+all for ~ny roawn f~il to keep th~ wid pr~mises w
kaw~d. a fatl b d~livN promptly aflY OF fiifJ POIit10f Of irawarw~ to ~aid 1WORTGAGEE, w fail promptly to pay fully any p+emium therefw a in anr
re~p~ct fail b pKfam, d'~schupe. ~xec~t~, ~ffed. compb% oomph with +ed +bids by this coveeaM. a any parf hKwf, sak! MORTGAGEE may plap and
p~Y fw iuch Gawanc~ or ~ny pa?t thuwf without w~ivinp or aff~ctG+p u~y option, lien, p~rity, or right under or by virtw of this Mat~e. ~~d tM
fvll amoum of ~ath and ~wry wch payrn«+t ~hall M immediat~ly dw ar~d payabb and shall beu toterest from ths dat~ thereof uotil paid a~ th~ ~aN ol
nins pK ca~tum pa annum and toyetha with such interest sl~s~l b~ secu?sd by th~ IiM of Ihis mort~sge.
1. To pumit. oommlt a wffu no wast~, impa'um~nt or d~taior~tion of ~aid propertp or any put tl~eof.
S. To pay dl and Qnpular tFw co~ts, cMrpes ad ~xPense~, includinp • r~ssa?+ble anwe~y's fe~ ~nd cwts of abstracts of titk. incvrred or pa~d st
any tim~ by s+id MORiCaAGEE, becavs~ w in tha ~vent of th~ iailwe oe th~ p+rt of th~ uid MORTGAGOR ro duly, prompdy and f~lly paform, d~scM~
~x~nrt~, df~ct, comptet~, comply with and abid~ by e~ch u~d every the stip~la:aro, preemt~ts, condilions, and tovenants of ssid promissory note ~r+d this
mwtyapt aehr a eitha, and ia~d costs, chupes and ~xpenses, e~ch and ~very. ~hall b~ imrnediatety dw snd payable: w!~ether a not there be notice ds
msnd. +ttQmpf to colkct or wit pendin9t ~rid the full arnaint of eac~ +od rvery wch payment shall beu interest fran the dat~ tl~eof u~til paid at tFK
rate of ~ne p~r cent~m per amwm; and alt said costs, cMrpes and exp~nses inaKr~d a paid, tope~her with wch ioterest, ahall b~ sacwed by the li~n of this
mo~W+~r. ~
6. Th~t in ths even? of any brexh of this Mortyape w default on tM psK of ths MORTGAGOR, or (b) in the event any of s~td sums of mo~er
henin refared ro be not prompNy snd fully paid wi~hin thirty (30I days next afta the same severally become due and paysbk. without demand or notice.
w W in the event each and every tM stipulatans, agreementa, cond~tans s~d covenants of said promisswy note ~nd this mortpaye any a eith~r ar~ nW
iuly, promptly u~d f~lly performsd, discMrged, txecutsd, ~ffected, completed, complied with and abided by, then in either a+ny such ~veM tht said a~
yreg~fe sum mentioned in said promissory note the~+ ramaininp unpaid, with iMerest acu~ed, and all moneys secvred hereby, sh~ll becomt dut ar+d p~y~
able fwthwith, w thereaher, at the option of said MORTGAGEE, as fully snd compktely u if all of the wid sums of money were aginally sliputated
to be pa~d on such day, anything in ssld p~amissory note o? in this Morty+ye to the contrary notwithstsndirg; and thereupo~ w the~eaher at th~ option of
uid MORTGACaEE, wetFau~ notice or demard, wit at law or in eq~rity, therefae or thereafter begun, may be prosecvted u if all o+oneys secvnd hsreby
had matuttd prwr to iri inititution.
7. That in ths event that at the beginning of ot at sny time pend'ing sny wit upon fhis Mortgsge. or to fo~etlose it, w to refwm N, ot to enforot
payrt~e~t of any daims hereunder, ssid MORTGAGEE sMll apply to ths Court having jurisdiction thereoi fw the ~ppointment of a Receiver, ~uch Court shsll
Forthwith sppoint s rcceiver of said mwty~ged p?openy all and sirgular, indudmg all and sirgulu ths income, profits, +ssues and revenues from whatever
souru de?ived. each s~d every of wh'Kh, it beinp ~xpreuly wKler:tood, a hereby mwtgaged as if spec~i'r,ally set fwth ~nd described in tM ~antiop and
habendum da~ses I+ereof. and such Receiver shall have all the broad snd effective fund~ons and powers in anywise entrwted by a Court w s Receiver, and
such appotntment aiw11 be msde by sucA Court as an admitted equity and s m~tter of absolute r'~yht to said MORTGACaEE, and without referenc~ M th~
adeqvacy or inadeqwty of the value of the properry mwtgayed or to the so?vency or inso~vency of taid MORTGAGOR w the defendant~, and that svch
rents, profin, incame, isiues and revenues shall bs applied by svch Receiver sccorda?y to the lien or squity of said MORTGAGEE and the praaiu of such
Co~rt.
8. To dvly, promptly and fuly perfom~, dischsrge, execvte, effect, complete, comply wi?h and abide by each and evKy the stipulatioes, agreemenq,
conditions ~rd covensnts in said prorri~ssory note and this mortgage set fo~th. '
9. That in the event the owrKnhip of the mortgaped premises, a any part thereof, becomes vested in a penon other than the MORTGAGOR, tlw
MORTGAGEE, its wccesswa +nd auigm, msy, wifhart notice ro the MORTGAOR, de+i with such wcceuor or wccessor a~ interesl wi~h reference b tha
mortyspe and the deW hereby secwed in the same mamer as with Rlbrtgagor withouf in any way vitiatirg or d~scl~rging the Mo.t9sgors' liability he+a
~nder w upon the debt hereby secured. No sale of ths premises hereby mortga9ed and oo forbearante on the part of the MORTGAGEE oo i» successors
or ~ssige~s and no extens~on of the time for the payment of the debt hereby securod yiven by the MORTGAGEf or ib successors w sssigns, sMll opeat~
ro releau, dixh+r9e, modify cf~nge or affect the wi9inal liabiliry of the MORTGAGOR hsrein, either in whole or in put.
10. It n specifically agreed thst t~me is of tM essence of tha contract and thst no wsiver of any obligatwn hereuoder a of ths obliyatan sa
cured hereby ihall st any Yune the?eaftat be held to be ~ wsiver of the terms hereof w of the instrument secured herby.
add~tion to the forego:ng monthly paymenq of prin~ psl and interest rcquired by the promissory note secured hereby, mortga o weRahb
and agrees to p rtgagee witA eacfi monthly payment an add~rioeal wm esrimated by.mortgagee to be equal ro 1/12 of th ost of the folbw-
,
A-All resl property taxes kvied w asses e desuibed red estate. - - • - - -
B-Premiums on fire snd windstorm irnurance ss herein requ~red to ne improvemeari_ siWafe on the above described premises.
C-Premiums on such mortgage gvarsnty snwrance as II from time to h fit to carry on the (oan secured he?eby.
~ Mongagee shall irom time to Nme notif r in writirg of the smount due and payabk hereu wch wm shall thereupon be due and
payable on the due date of t t ly payment and each succeuive month thereafier u~til mortgagee shall no ~ a ar of a change in such
~ amount. apptied by mortgagee toward the payment of real properry taxes, insurance prem:ums, and mwtgape irouru~cs
E • .
{ IN WITNESS VYHEREOF, the said MORTGAGOR has hereunto sef ha hand ud sea~ the d+y year fir t aforesaid.
E Sipned, Scaled and delivered in th~ presence of:
n
L.~ b, ~
. ,1 t~
~.t /N rs.~n
STATE OF FLOitIDA ~ ~
ST. LtKIB - -
courm oF R=edesick D~Bow
e~f«. m. P...a+.~Iy !ppe...a George .~a
Blit=! . DfBON his wiie, to me well known snd known to rew to b~
rf» indvidwb deicribed in and who ~xecvted the for~arg iintry~n
t and acknowkdped befon me that tt~ey executed the ssme iw tM pwposes
rhe.ein ~xp~esied. Md tM sa' ~11ltf 1, blBOw
w~f. ~ ~ Georqe Rsedts ck DeBow ~ , ~n.
cxamb+aYan by me ts4en separat~ s~d ~part fran he~ s~id husband, adcnovrledped to +nd b~fon rn~ that ahe ~xecuted ssid 'autrwnent frKly ~?d volw~-
ruily ~nd wirlwvt any eanpu~s~oA, eonstnint. apprsiwmion,'~ fw of o? froen'!wr wid !w»b~nd.
wnN~ss ~r h.~d ~d ~r~;,i ,«i _ d,~, o~ Januar a ~q 69
z'
RECOR Not.rr ~bGc in «+d tw ths sr.r. oi fb.id. tl ta.p~
FILE~ ANO FLA. M,, c~+~.~~+ .~..s: 3-~- . ~
R.n,.~, to: g?: LUCIE COUN _~Ep ~l~::;:
~ F~..~ F.d...i s.~ s~ ns.«~t~, ~E.~Q$~,Y~~~ wrutr rrtUi,, iTATE Of fL~~i•lij~w~ ,
Of fo.t P~erce. i,7 Mr COMMISSION EXP~RES OK. ~ 1l71 -
Fort Vie~u. Florida : C i ~OtO tMRO~r~w ?ItEO ul..oltsT~ Ho~~L
~~g ,1AN ~ 3 ~M ~ ~ - ~ - . ~ ~
- . ~n~ 4
This Instrument Prepared By F t OITR~S
First Federal Savings b Loan Association R G- COUiZT
~ of Fort Pierce CLERK CIRCUI? r-:-, ~
gy J. D. Chastain
a~175 ~ 857
n
.k ~ -
_E
.;0,. : ~ - - - - l,~ ~
_ . . ~~a'^~~~~+~P.za:~=~a . . . ~'~r=~-~"` .