HomeMy WebLinkAbout1410 ' j t,j ~ •yr ,f
To pl~a and continuously kNp oe tl~ bvildMps now a MtNhN ~ifuat~ On Nid (a~d and On all pvipMnf ~nd pNtaNliy aowt~d by thi~ nqrt~
ap~, with all pnmiuna the~wn p~kl in fvl4 f~n M~w~na in tFN vswl ~t~d~.d policy fa~n, in a wm approvd by ttw MORTGAGEE, and wind~~o.m
imwana in tM wwl sNnd+rd policp iorm. in • wrn +pprowd by rM MORTW?GEE. h wc1~ canP+^Y a~P+~a a tM MORTGAGEE nuy
dtnctl and all ~irf u~d WM+dstonn ha~xa~q politNs on anY of said buiWirps, any InMnsl ther~in or p~rf tht~wf, in 1M a~rpat~ twn ~iwesaW o~ .
M~xaa thKwf, ~hall cauain tM vwal aa~ard morty+p~e d+u~ a such otMr davs~ a tM Mortpaps~ m+y rp~ir~. m~kinp tM loss unda~ ~aid pd4 i
cies. each and ~wry. P+Yabl~ fo ~aid MORTGACsEE ~s iri Int~nat may ~pp~ar. and Nch and ~wry wch policy ~hall be p~omptly ~as:9~ed and dsliva~d to
~ny Mid by NW MOkTGACsEE a fiwtha secwily to s~id mort9ap~ d~W. aed. not bs~ than an (10) daya to ~dvu~a oi ~M ~Wirstioe of ~ach policY. ro d?
livM to uid MORTGAGEE a nnswal tMrwf, top~tha witA •?~ctipt fot tM pnmiwn of wch re~ewalt ~nd tl+K~ shall b~ oo fu~ a windstam fnw?anc~
pl~pd on ~ny of wW bi?ildinp~, any intaat tMr~in a p+H d+aeoi, unlas in tM form and with tM loss paYabl~ as ~fa~~+idt +~d in tM ~wn1 +~Y w~+n
of mon~y b~conKa p+yaW~ un~ such polky or polici~s ~+id MORTG/?GEE sMil haw tM optioa ro nuiw ud ~pply the ~a~x on sccovnt of tM ind~btd~
ntss s~cvr~d Mr~by a w p~rmit said MORTCsAGORS to notiw ~+d w~ H a a~y psrt thereof for other purpoies, wirhout ~he~eb~ waivi~~p o~ Nnpair
j^~ +^Y ~4~?~b. li~n or riphl w+d~? o~ by virtw of this mort9+p~1 u+d in tM tw~+t s~id MORTGAGORS shall fw u~y r~ason fail to keep ths s~id premiset so
irow~d, a fail b d~livK promptlY arqr of said policies of i~swano~ to s+id N~ORTG/?GEE. or fail promptly ro pay fully any p~emium therefo? o~ in any
r~sp~ct fail b pwfwm, dixharp~. ~x~cut~, ~ifM. oompitt~. comply with and abid~ by N~it oown+nt, a~ny p~H hNwf. wW MORTGAGEE may plaa~ snd
p~Y fa wd~ bqurana w any part therwf withoul wahru+a or ~ff~cthp +ny option. li~n, equ~hl. or ri~ht uoder or by virtut of this Mon~ap~. and tM
full ~now~t of Nch ~?d w~ry suth paym~nt shail b~ irwnsdi+t~h? dw +nd Wy+bl~ aod s~?+11 b~u interest hom tM dab thereof unril pad a rM ra» ol
nirw pK aetum p~r an?um and toqelMr with wch inttr~st sh~ll b~ sxvnd by tM lia? of this mwtyape.
To pKndt, aoeunit or wff~r no w~st~. in+Wim~^t ar deterior~tion of said propsrty or ~ny pa?t tMreof.
S. To piy all and siep~rlar th~ coan. chNpN ~nd ~xpMS~s, h+clud'ug a ressooable ~ttansy's f~a aod co:n of •bsrr+c~s of n~Is, ~,cur..d w P.W
eny time by said MORTGACsfE, b~cavse or in tht ~wet of tFM failun on tFw pah of 1Fw said MORTGAGOR to duiy. prompuy and fvlly pKfwrn, dischuy~
~:ecw~, ~ff~ct. oomPktt oomplY with and ~bid~ by sach and everY th~ sti~wl~tions ap~eemenM, condiriaw and ooven+nn of said promisso.y noro .nd ~hw ~
mort~ap~ +~Y or either, and said ooat~. cMrpa and ~xpens~s, ~ad~ and ~v~?y, sh~ll be immediately dw ~~d pay~Wet whether a not rhen 1» noria ds
mand. ~mmpt w oolkct or wN p~ndiopt +~d tM full arnow~t of ~ach and wehr wch paymant sh~ll bea. interest ftan Ihs dat~ thercof un1i1 p~id at the
rate of ~ pa osntum per +nnums and all said cwn, charyes +nd ex{»r?ses inourred or Wid. topether with such intKest, ~h+ll b~ a~cwed by tl» lia~ of thif
mo~l~pw
6. ihat in the ~wnt of any bnach of tha Mwtpap~ o? d~f~uh on the part of the MORTGAGOR. w(b) in ths eveM any of ssid wms of money
~.ss~ ..te.?ed a b. ~?or P.o~ry .~d wiN P.d Wi~~~ thirty l30) days aext aftsr the same seve?~Ity bec~rne d~e snd p~yabM. withovt demand a notice.
or (c,l in tM ~v~nt each and ~Yery /M stipulations. sp~~enwnls. conditio~+s ~nd coven~nn ot said promissory note snd thw mort9spe +^Y w tither ~r~ ~w1
iuly, prampNy ~nd fully perform~d, disd++rped. execut~d, ~ffected, compktad complwd witfi a~?d ~bided by, tMn in e~~her a any wch evs~t tM said ~g
preyab wm ma~tiornd in ssid promiuory i+oro than r~msininy w+p+id, with interest scuved. ~nd all moneys secured hereby, sh+ll become dw a+d p~y-
able forthwith, o? thsreahe~. at 1M optia+ of said MORTGAGEE, a fully and compktelp as if ~II of the w+d wms oi money we?e wiginally slipui~ted
to be paid on such day. any~hiny in ssid p~om~ssaY noh or b+ thb MortQ~ge to fhe comrsry notwithsta~ding; snd thsreupon a tl+ereaha~ at the option of
said /YIORTGAGEE, without notica w dem~od, wit at law w in squity, tharefws or Niaaafter beyun, may be prosecutad +s if ~il moneys securd hereby
had mafured prwt to ib iMtitVtion.
7. Th~t in ths ~wnt thst ~t th~ beginnirg o# ar at u~y tims pendinp ~ny wit upon thia Mwtg~pe, a w fweclo~ h, or to rcform it, a to enfora
payment of ~~y dairta herevnde~, s+id MORTGAGEE shsll ~pply ro tAe Coun Mvirg jwisdiction thereof fa the appointmrnt of a Receiver. wd~ Cw?t shall
Forthwith appoiM s~eccive~ of said monpaped property all ~nd iugvlar, includug all and singul~r the income, pro{its, issues and rove~~es from whstever
souru derived. ~sth and every of which, it beinp ~xprcasly undersiood, is hercby mortgaged as if specificaliy set forth snd described in the 9ranti~y and
hebendum dsvses hereof, u~d wch Reuiver ahall Mw all the broad a~+d eHective funct~oms a~d powers in anywise entrvsted by a Court to a Receiva. and
iuch appointment shatl be made by wch Court u an ~dmined equity a~d a matte? of absolute ight ro said MOitTGAGEE, and withou~ refarence to tF+s
adequacy or in~deqwcy of the wlue of ths propaty morWsged or to the solvency w insdvencY oi said MORTGAGOR or the defendants, ~nd that such
rema, profin, incae~e, issues and revenues sh+ll be ~pplied by wd~ Receiver accordinp to the lien w equity of said MORTGAGEE and the practia of such
f.ourt.
8. To d~ly. promptly and fvlly paform, disch~rye, execvts, effect. complete, complY with and abide by each and ~very ths stipulations, ~grcemenb,
conditions and oovenants in said promissory note and this mortysge ~et fwth.
9. That i~ the event the ownership of ihe mortgaped premises, w any part tiKreof, becornes vested in • person other than the 1NORT('aAGOR, tM
MORTGAGEE, its suctessors s~d assiyns, m+Y, withovl notite to tM MORTGAOR, desl with svch suttestor w wccessor in iMerest with refcrence to this
mortyaps and ths debt hereby setured in ths ssnw m+nnei as with Mort9agw witiwut in sny way vitiatiny w discharginp the Mort9sgors' lisbiliry h~n-
under or upo~ the debt Fereby secwed- No ssb of the premises hercby mort~sged ~nd no forbearance a+ the paA of the M(3RTGAGEE or in suaessors
or aasgns and no extension of the time for the payment of the debt hereby secured given by the MORTGAGEE w its sucussors w assipns, .hall operet~
ro release, discharye, modify change w ~ffect the origin~l Iiab~Iiry of tM N10RTGAGOR herein, athe~ in whole or in put.
10. It b specifically agreed th~t time is of the essenos of this ca~tract and that no waive? of any obliystan hereunder w of the obli9ation ss-
cured hereby shall st any tune thereafter be lield b be a waiver of tF~e terms hereof a of the imtrument securd herby.
1t In addition ro the forego:ng momhly paymenn of princ:psl and interest required by the prom+uory nore secured h~reby, mortgagor covensMy
' and ayreel~ y to mortgagee with e~d+ monthly payment an addi?ionsl wm estimated by mortgagee to be eqwl b 1/12 of the annual c ?isNOC-
irsg:
, A-All ~eal property tsxes kv ainst the above desuibed resl estate.
B-Premivms on fire and windstorm irnurance as herem r ~ on the improveme~ri sitvate on tFx above described preniaes.
C-Premiums on such mortgage gwranty ins mortgsgee shall from time fit to carry on the loan secured heteby.
Mort9sgee sha{I from ti h mortgagor in writing of the amount due and paysble hereu m shall thereupon be due and
payable on the a t next monthly paymer?t and each successive month thereafler until mortgagee shall i+otify mort in such
amount s~ms shall be ~pplied by mwtgagee tov~~rd the payment of real property taxes, insurance prem:wns, and mwt9~ 9~~^h ;
wns.
I ~
IN WITNESS WHEREOF, the s+id MORTGAGOR has hereunto set ha hand and seal the day and ar ~'int aforesaid.
Sealed and delivered in the presenca of:
~ ry
~ ~
~
0
STATE OF FLORIDA ~
St. Lucie
courmr oF
S,~ ~ p~,o,,,py L amar F rya r and
ni~~e Frvar his wife, ro me well known and knawn to me 1o b~
tha ind'nidwb ~wj~d In and who ~x~cvted ths for~yoiny instrvment, ~nd ackrawledged t.efore ms that they ~xecuted the same for tM p~xposes
~herein .xp.e~Yd..~~~pd~j~+,..~s.sd-- Diane Fryar
wiie of ~h. ~ . s F r elr ~~on • sepsrate and priv~h
exun'i+.~?M,io.~p~ t+k~i? ~ ~elH~f ~P+rt from I+er s~id husb~nd, adu~owbdped to and befon en~ that sl+s executed s~d iratrument heely ~nd w~x~
rarity T`_`.~l"y"~ae+y , Ob~st[iint, aPPreF~sia4 ot fw of Or f~om IMr said husband.
69
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} U U L. : : ST. LU C I E C 0 UNTY. I.AMr eomm~ss~o^ exp~es: 9-.? 3-~0 9
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. Fo.~ ~b~'KYdd: ~F~:~ '69 JAN 27 W7 ~ ~ S a.~ b~.. w. a c.....~. c..
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This Instrument Prepared By /~p R~017RAS
First ~ederal Savings b loan Associstion ~~ERK CIRCUiT COURT,
• of Fort Pieroe
Chedced By -7- Coll~ns
BOOK~~S PACE1407
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