Loading...
HomeMy WebLinkAbout2856 ~ , . . ; . ~ ' To plan ~nd conttnuw~sly ks~p on ths bvitdirgs now or Mreafte~ ~itwt~ on said land and on ~II eqvipm~nt and perwnally covK~d by thh moNp~ with all prtmivms ther~on p,~id in full, fir~ insur~nt~ in the usua~ sta~+dud policy form, in s tum ~pproved by 1FK MORTGAGEE, ~~d wi~hform inwr~ in tM uswl i~anda.d policy fwm, in • ium ~pprov~d by tM MORTGAGfE, i~ such company a companies a~ th~ MORTGAGEE m~y d~ec~j ~nd a!1 fk~ and windstwm inswu+ce policies on aay of said buiW~nps, My iatsreat tFwrei~ w part th~r~of, in IM a~re9at~ s~m ~foresaid or In excas ~Mnot, sMtl contaie 1M uswl uandud mor~qsg~e claus~ w such o~he~ CIiV1f if iM MOttQ~N m~y ~~quK~. makinp tl+~ loss u~der arcl poli cin. ~ach u~d ~wry. p+Yabk ro ssid MORTGAGEE as iri intaeii may appear, and ssch arxi every s~ch policy ihall b~ promptly us:9nsd and delivered ro ~ny heW by said MORTGAGEE ~s turther sec~rity to said mor~ya9e debt, and, oc1 less tha~ ~ee? (10) days in advanca of tM expi~~tion of e+ch poi'~ty, to da 1 IivN ro Nk! MORiGAGEE a r~newal thereof, topethar with a receipt for the pr~mivm of wch renawal; ~nd tM~s sF?sll be no firs o? wi~to~m insw+nce ~ plat~t! on any of said b~ildir?~s, ~ny interett therei~ cv pa~t tkereof, vnles~ in the form and with ths loss payabk ~s af«esaidj u+d in tM ~veM ~Mr swn of nw~wy Mcoena p~yabl~ under such policy a polici~s said MORTGAGEE shall haw the opYwn to receive and apply the sam~ on account oi the indfbted- ~ t mts s~twtd M~eby w to permit s~id 1NOATGAGORS ro receive and us~ it p any parl thereof fw othr~ purposes, without thr+eb/ waivi~~ or impai~• j inp ~ny puity, liN? or right u~dsr ar by virtue of thi~ morsyaye; ~nd in ths ~veM aid MORTGAGORS shali fa s~y reawn fail ro keep tM said p?ami~es w Y~wnd, o~ f~i1 b dtliv~? promptiy ~ny of said policies of insu~a~xe to said MORTGAGEf, or fail prompNy to pay ivily any pa'm;um therefw or in ~ny r~sp~ct fai) ta p~rfpnL discMrpe, exec~tst eff~d, c~mplero, comply with snd sbids by thia mve~?ant, or arry pan he~~of, said /NORTGAGEE may plap and P+y ie? wd~ imuranc~ o~ any put thereof without waivinp or ~ffectiny any optroe, Ikn, equity, w?iyht under w by virtw of this Mortppe, snd tM fuU amount of tach and ewry such paymsnt shaN be i?nmediarely dvs ar+d payable ~nd :hall bear interes~ f~om tM dah thereof un~il paid at the rat~ ol nin~ Fw c~ntum per annum and together with such inte+est shall be secured by tM lien of this mwtgsge. 1. To pwmit, canmit or wffer ~o waste, lmpai?mero a deterioration of said property or a~y part thc~eof. , 5. To pay •11 .nd st~pulu ihs cwn, ch~rpes +nd expenses, including ~ reasonable attor.~ey i fee snd costs of ab~tracta ot title, &~cvrred pr paid at any tim~ by said 1NpRtCaAGfE, becavse p in ths ~veet ot the failure on the pan of tha said MORTGAGOR to d~ly, promptly u~d f~lly p~rfwm, d~sch+~qR ~xecute, efFect, oompl~t~, comply with and ab:de by each and every tF~e stipulario~a, a9reements, cond~tions, and covenants of said promissory note ~nd thit mortpap~ any a either, and said tosts, chsryes and expeeses, cach and every, shall. be immediately due and payable: whe~hcr a not there b~ notic~ d~ m~nd, atlempt ro collect w suit pendirgj ~+d the ful) amo~M of esch and every s~ch payment thall bear ;nterest from the da~e the~eof ~mil paid at 1h~ rate of nin~ pe~ centvm per annum; and all said costs, charges and expensea irxurred or paid. toyether with such i~tarest, ~hall bs tecured by the lien of thy nw~reO~pe• 6. That (s) in the event of any bresch of this Mortgage or defavlt o~ the part oi the MORTGAGOR, w(b) in the event ~ny of said s~ma of money herein nferred to be ~ot promptly and tully paid within thirty (30) days next after the same sevHally become due and payable, without demand w notice, or (cj in tM eve~t each and every the stipufations, sg~eemcnrs, conditions and covenants of sa~d promiswry note ~~d th:s mortgspe ~ny or either are nol ~ luly, promptly and fully perfarmed, diuharged, execvted, effected, completed, complied with snd abided 9y, thert in e~ther o~ ~ny such event tFM said a¢ p~e~t~ wm mentioned in said promissorynote then remaining unpaid, with intcrest xuued. and all morweyt secwed herebY. shall become dw ~nd pay- abl~ forthwith, w thcreafter, at the option of said MpRTGAGEE, as fvlly and tompletely as ii all of the sa7d wms of money were origin~lly stipulated ~ ?o be P+'d o^ such d+Y, a~Y~h~~9 sa+d p?om~ssorY r+ote or in this Mortgage to the contrary notwithstanding; and thereupon w tlKtea~ter at the option of • uid MORTGAGff, without notice a demand, svit a1 law w in equity, therefae or thereafter begun, may be prosecuted as if all moneys sacured hereby h~d rttahNed prwl fo iri i~utitution. 7. That in ths event that at the beginning of or at any time pending sny suit upon this AAortgage, w to foreclose it, or to reform it, or to enforp payment of any daims hereunder, said MORTGAGEE shat) apply to the Coun }wvirg jurisdia;on tF~ereAf for the appointment of ~ Receiver, such Covtt shall forthwiM sppoiM a rKeiver of said mortg~ged property all and singular, inc4xJmg, all and singular the income, profits, iuues and revenues f~om whatever tource derived, each and every of which, it being expreuly ~nderstood, :s ixreby mortgaoed as if sptc;fically sef fwth and described in the grantir~q and 4 habendvm davses hereof, and such Re~eiver shall have sll the broad and effective func~~ons and powers in anywise'entrwted by a Court to a Receiver, and wch sppointment shall be made by such Coun s: ~n admitted equity a~d a maner of absolute right to said MORTGAGEE. ae+d without refe~ence to the adequscy w inadeq~xy of the val~re of the property murtgaged or to the sohrency or insolvency of said MORiGAGOR a ~he defendann, ar+d that such ~ r~'. profin, incane, issves and reveoues shall be applied by svch Receiver according to the tien or equity of said MORTGAGEE and the practice ot such ' j 8. To dul , tl and f~l fwm, dischar 1 Y P~~P Y ~Y PN ge, execute, effect, complete, comply with and abide by each and every the stipulations agreemeats, conditions and covenanrs in said pramiuay note and ~his mortgage set for~h. ! 9. TF~at in the evenl tF~e ownership of the mortgaged premises, or any part thereof, becomes vested in a person otlxt than the MORTGAGOR, ths MORTGAGEE, iri successors and sug~u, msy, wirfiout ~o~ice to TF,e MORTGAOR, deal w~th such wccessor or successor in intereat with ~eferer~ce ro th;s mor~y+~e a~d the debt hereby secured Fn the same manner as with Mortgagor without in any way vitiatirg a dischargi~g 1he Mortysgors' liability hera under w upon the debt hereby aecureu. No sale of the Fremises hereby mortgaged and no forbearance on the part of the MORiGAGEE w ib succeswn ! o~ suigns and no extemFon of ~he rime for the payment of the debt hereby secured given by the MORTGAGEf or its sucuuon or au;gns, sha11 operate lo rekase, dixharge, modify change w aHect the original liability of thc MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the euence of this contratl and ~hat no waiver of any obligaYwn hereunder pr of the oblgation se- i wr~d hsreby shatl at any time thereafter be heW to be a waiver of the te~ma he~eof w of ttrc instrument secured herby. ± ilion to the faego:ng rtwntbly payments of princ:pal and interest required by the promiuory nple secured hereby, mort ts and agrees to pay to m each monthly payme~t an add~tional sum est~mated by mortgagee to be equal t anrwa cost of the follow- ~^9~ A-Atl real property tsxes levird or auessrd agai~st t ribed e, B-Premiums o~ fire and windstorm insurance as herein r o carr improveme,~ts situate on the above destribed premises, C-P~em+ums on such mortgage guaran ' ~ce as rta?tgagee shall from time to time de ' rr on the loan secured hereby, Mortgagee shall from ~t ~me notify mongagor in writirg of the amouM due and payabte hereunder an sf?all thereupon be dve and payabk on the~_ ~die~~~o-f the next monthly payment and each successive month thereaiter ur,til mortgagee shall ratify mortga a change in such amount, ~ums shall be applied by mwtgagee toward the payment of real property taxes, insurarxe prem:ums, and mortgage guara rance ~ums. IN WITNE55 WFIEREOf, the said MORTGAGOR has hereuMO xt his hand and seai the day and year fiint aforesaid. . Sesled deliver the presence of: f . n ~ ~/"Q~--'--~ ~ ~ j STATE OF RORIDA ~ ~ i courmr oF St . Luc ie ; bsfor~ m. p.~sooallr .~a?Qa Clara Brown McCleary. a sinal~adul~, and Franklin A N~ .-;g,~ Valerie V. Harris his wife, to me welf known ~nd known to me to b~ ; M+s individwb described in and who ~xecuted the iore9oinp i~strument, and aci~nowledped befwe me that they executed the same for the pvrpoks ,ti..~~, .,~a.~. r~,. Valerie V. Harris w~r. or d» s+~a Franklir~ A. Harris „Po„ a~,t..~d a;~,aa exam~nat7oe~ by me taken tep~r~te snd apart from her taid hu~band, sdcrwwtedged to and befo~e me that she executed said iostrume~t freelr ~rd volw~ ~uily and withovl ~Mr compuls;on, constraint: apprehens~ ~ or fear of w from her taid husba~d. WITNESS my Fwnd +nd officiai seat this ~y day of Februa= A, p. 19~2Q_ Notary Pu in fw tM aN of Florida at larp~ Return To: My Co asion ~np'ues: / 9 7/ firat Fder~I $avings i Loan AsWCiation ~ Of fort P~c,ce. ~t::..,~ ~~ry PII~. ~i~! 0~ AO[!~ i~ ~ i fwt Pie?ce. Flaids v ~J~.- ' ~ ~AA11~Kf100.~+t+~ss ~n ~ :`v ; iaMd yr A+~N H! ~ ca~~ Silt • ~ y _ ~ . ~ - : ~ . ~ ' / ' ~ ~ ` RE~~rlQE~? f""~ This Instrument Prepared By = ~ ~ ~ q . ~ = ST. lUi,l~ C~~~`~T Y, ~ ' ~ Fi?st Federal Savings d. loan Association y~! Q ECOf~O V~~;F 1~ ~j1 ~ of Fort Pierce = . . ' , ~ , ` ~ h J .~'~•~c'j~•••....~;:~~ ` . ~L ~y04 f i:~ LS t'~ i j". C eclced By ohn W. Collina `f~,t, d S,• , ~ ~ = ` ~ ~~~::}~~;y:1' t , ~ ROGER f~Ci-f iiA:. ; 60oK175 PAGE~O~ ; CLERK CIRCUiT COUFT ~ t i _ r - - - ~ i ~ ~ ; ~ 3_~. a x - _ _ ~ _ . w_o.___y . : _ _r ~ ~