HomeMy WebLinkAbout0522 ~ " ti'. ~il
To plaa and continuously k~ep on tM buildinps now o~ hK~~h~r 4twt~ o~ taid land and on ~II puipn~nt and p~nonaliy cov~red by this aarlp~
ay~. with ~11 premiwns tM~wn p~id in full, f'ue insuraoa in tM uswl s~aoda~d policy fo.n?. in a tum approwd by the MORTC,AGEE. ~rid winds?oi~u
inswuky tn tM wwi star~dard policy form, In a wm aptxoved by tM MORTCaAGEE, in wch car~pany a oompani~s ~ tl?~ MORTGAQEE m~y
dir~ctt ~nd ail fin and windstorm inwrana~ policief on any of said Ix?i{di~ps„ eny inttr~st thaefn or pirt thtrwf, in tly apqryah wm afa~ia(d a
in uco~as 11+trwf. shall oontain tM utwl itandud mortyapN clavss or such otF~s+ clws~ a/M Mo?tp~p~e may rpuu~. makin~ 1M Iws s+id pol}
ties, each and ~w?y. p~Yabl~ lo said MORTGAGEE as its interesf may ~pptu. and each snd ~vKy suth poliq shall M prompNy ~u:yned and ddivK~d 10
~ny h~W by s~k! IIIIpRTGAGEE a iurtha secu~ity ro said mwt~age dsbt, snd, not tea t!?~n ten (10) days in edvsncf of th~ ~xpi~atiw~ of ~ach policy, ro da
liwr tq aaid MpRiGAGEE ~ renewsl thereof, roptlMr wilh a reteipt fw the premiwn of wth rs~ewal; ••.~d then sM11 bt no fa~ or windslam inwrux~
plaad an ~ny of said bvildirgs. any i~teraf theni~ w part thsreof, ~nleu i~ tF~ form ~nd wi~h ~M bu pay~bt~ ~s afw~iad: ard in /M ~wnt any swn
of mw?~y becomea p~yable ~r~ ~h polky a palKies wid MORTGAGEE sFull hsw ~h~ op~ion to rece~re u?d spply ~hs sam~ on accovn~ of ~M indebtsd~
neu s~cvr~d Mtsby w p permit said MQRTGAGORS to rooeivs and ust it w any pa~t thereot fw othet purposes, without thxeb~ waiving o~ impair•
~r+y anY puity. IiM or riyht undet or by virtw of this morsyspet ~nd in ths ~ven1 ~aid MOQTGAGORS sl?aN fw any teason fail to keep the said pr~rnises ~o
inwrtd, p faF! b d~liva promptly ~ny of asid policies of i~wancs ro ssid MORTGAGEE, w fail promptly to pay fully any premi~m the~efo~ a ln ~ey
r~spect fail w pKforrq, dischu9s. ~xecute, effed, complets, comply with and abide by this cove~ant, or ~ny paA he~eof, said MORTGAGEE m~y pt~p and
paY fa such inwrane~ or My part thenof without waivFrp or affacfFny anY optao, Ilen, equ;ty, a ryn~ under or by virtw of this Ma1~ap~, ~nd the
full ~mount of ~ad? ~nd ~wry s~ch paym~nt sMll b~ immediataly dw u~d payable and shall besr intereit from th~ dat~ th~eof until p~id ~t ths rat~ of
nin~ p~r cMtwn p~r amum end together with iuth intaest shall be secv~ed by tM lien of this mortqs~e.
1. To p~tmit, aomntt or iuffer oo waste, impairmeM or dereriwatan of wid property p any psrt thereof.
S. To pay ~H and ~Irpular tla costs, cAar~ei and expsnses, indudiny a rea~a+~ble atrwney's fee and oosn of sbst~acts of Htl~. lncwred or paid at
any Yims by said MORiGAGEE. b~cs~se or in the ~vent of the fail~re on the part of the said MORTGPGOR to duly, promptly and fvlly pa~forrn, d~sch~r~
execvt~. ~ffect. compt~q, ownply with ar+d ~bide by each and every the atipuiat~ons, ayreementx, vonditiorq, and ooveoants of said promis~ory note snd tiw
mortpaps any w athe
, snd ss~d costs, chu~es and expenses, cach end every, sMll be i~nmediately d~e and payablet whether o~ not ther~ be not'~os d~
marKl, ~ttampt to oollect p wit pencl;npj u~d the full amount of esch a~d every s~ch psyment sh~lt bear interest from the dab th~reof unNl p~id ~t the
rate of oihe per centum per anrwm; and al{ said oosts, ct+uges and expenses incwred or paid, together with such interest. shall b~ iawrsd by tM li~n of tha
"'orty~p~-
6. Th~t in ths went of any breacl~ of tha Mortyag~ or defaulr on the pan of the MORTGAGOR, a(b) ie the eveM u~y of ssid s~ny of nwrry
herein refared to be not promptly and fully paid within thirty (3p) days next sfter fhe sama sevnalty become d~e ~nd payabk, withou~ dema~d a eotio~,
or (c) i~ ths event each and every the stipulatio~ay sg~eementt, condiY~ons and covenants of sa~d prom~ssory note and th~s mort~e any a either sr~ no1
iuly, p?omptly a~d ivlly performed, disclwrged, execotd, effacted, compteted, complied with and abided by, thsn in either w any such ~wnt tlr said a~
grrgat~ sunf inentionet! in said promiuory note then remainirg unpaid, with interest acuvad, and all moneys setwed herebY. sMll betorn~ •dw ~nd p~y~
abte fwthwith, or thereafter, at t1+e option of iaid MORTGAGEE, as fully and completely as if all of tt+e ssid sums of money were w;gir?~Ity stipulated
to be paid on s~ch day. anything in :aid prom~uory note or !n this Mwtyage to the connary ~wtwithstsr~siing: u+d thereupo~ a there+ha at tM optan of
•aid MORTGAGEE, without rwt;c~ or demand, wit at law or in equity, the~eforc or thereafter begun, m~Y be prosecuted as if all nwnqrs sncw~d hsrtby
had matured prior to ib institution,
7. TMt in the event fMt at the beginning of or any time pend7ng any wit upon tb;t Mwigage, a fo faectose lt, w to roform it or to eafwp
p+yment of ~ny daims hereunder, ssid MORTGAGEE :hall apply to the Court having 'ry~isdiction thereof for the appointment of • Receiver, such Govn sh~ll i
fwthwith sppoint a receiver of said mort9sged property all and singular, includ~ng alt and sinyvtu 1he income. proiits, iuves and reve~ues from wMtever ~
•owce derived. ead~ and every of which,, it bein~ expressly unde.stood, is hereby mortgaged u if spea~iwlly se1 forth and destribed in tM yraminp and `
habendum cl+uses hereof, a~d such Receiver shsll have all the lxosd and effective functions and powen in anywise entrusted by a Court /o • Receiver, and
such ~ppoi~tmcnt thall be made by suth Court es an admitted equity and a matter of absolute ?ight to said MORTGAGEE, and without referenta to the
adequacy or in~dequa~y of the value of the property nwrt9aged or to the sotvency a insolvency of_ said MORiGAGOR a the defeodann. a~d that wch
rents, profits, income, issues and revenves shall be applied by such Receiver according ro the fien or equ;ty of said MORTGAGEf ~nd the pradiu of soch
CouA.
8. To d~ly, promptly and fully perforrn, ~uhsrge, execute, effe~t, complete, comply with snd ab'de by cxh and every ths stip~laY~ons ~g~eemeny,
conditions ard covenann in said promiswry nore and rhiy mwrgage ser for~h.
9_ Thst i~ the evem the ownership of the mortgsged prem;ses, or any part thereof, becanes vested in s person other than the MORTGAGOR, th~
MORTGAGEE, ifs wccesson and usigns, may, wi~hout notice to the MORTGAOR, dcal with s~ch succeswr or suttessor in imerest with refereoce fo fhis
mortyspe and the debt hereby setured in the same manner as with Mortgagor withaut in any way vitisting w distharginp fhe Nlortyagors' li~bility hera
under w upon the debr hereby secu~ed. No sale of the p~emises hc~eby mertgaged snd no forbeararxe on the paA of the MORTGAGEE or iri successors .
or auigro s~+d no extension of the time fw the psyment of the debt hereby secured y'rven by the MORTGAGEf or iri sucaeswra or suigns. ~~I op~rats
ro rekas~, d~ischarge, modify change w affect the originat liabt6ty of the N~ORTGAGOR he~eia, either in wl+ole or in put. .
t0. It is specificaGy agreed that time is of the euence of this contracr and that no waiver of any obligation I~ere~nder or of ths obliystlon se-
cured hereby shall at sny time thereaher be held to bt s waiver of the terms hereof ot of the instrument secured herby.
In addition to the torego:ng monthly payments of princ:pal and interest reqvired by the promisso re y, g~p~ s
and agrees to rt agee with each monthly payrnent an add~tional sum estimated by eqvat 1~0 1/12 of the annus! cost of ihe follow-
ing:
A-All real prop~rty taxes kvied or auessed against the eal estate.
B-Premiums on fire and windstorm inturan rein requ~red to be wrried on t sitwte on the above described ptemises.
C-Prcmiums on wch mortgage insurar~ce as mortgsyee shstl from time to time d~em fit ro carry on red tiereby,
Mwtgagee shaN f?om ' o time notify mortgagor in writing of the amount due and payable he?eurder and such wm shall thereup due and ~
payable on the due o the next monthly payment and each successive month thereafter until mortgagee shall notify mortgagw of s char~e m ~
amount. shall be applied by mwtgagee toward the payment of real property taxes, iosvrance prem:ums, snd mortgage gwranty ir~sv~u~ `
IN WITNESS EOF, the id MORTGAGOR has hereunto set his hand and seal the day and year fint afwesaid.
' ned. Seal in of:
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STATE OP FLORIDA ~ (
courm oF St. Lncie `
e.f«. P.~,.~~y ,,~....a W. H. Za~r '
. ~
Margaret A. Zander W;r~, ro me wett known snd known ro me io be
?he ~v~dv+b d~suib~d k~ and who exearted the fae~oiny &ntrument, and ~cknowtedyed before me that they exewted the same for ths purpo~as
rhe?eh •xpros,~,d. n,+d ,h. sai~ Maraaret A. Zandex
wife of tM said W• H.Za71d@I upon a sepa~at~ and pirv~t~
ex~minaYwn by me tsken stpar~t~ and apart from her said !?u~b~nd. ~ticrwwiedped b and be{oro m~ that she executed ssid iiatrument fr~iy u~ votv~-
rarily and witiw~t any tompulsion, corotra;nt, ippre ~ fear of or from her said h~sband.
1NITNESS m~r Fwnd and official seal thi day of ::./l~,,D,,19~~
RECOR . .•~,ti~R~°_.
- F1LED ANO Notary PuWic ~o ~d fo~ *h~ of c~ ~
ST. LU~IE COUN7Y. FI~I. My ~x~: ~
1!: ~ ' >
R~,,.~ Ta. ~ ~ a ~r ,f ~ ~ ~F n 3~y~ „ c~'•• -
arst fed...~ s.,rirg, a Loan A..«Ntion S? p.~ .•d ~
"75~~- ~orur ~eu~. n~tE of ~i:T?r ° ' : ~ : _
Of Fo~t P~erce. M
Y COAAMtS510N ~XPIRFS DEC. .,J~y
1~.~i ; ' {
~ P~.~. F~.~. ~ I I' 2
'fi9 MAR ' ~ ~ WNDED 1NROUON ~w[o w. O~RfT~LjMp~~ ' ^
~ ~ - 3- 7l . . . . : ~ , ~
cl~ 11
•~i:
This Instrument Prepnred BY ;1~~~ tTR~S
first federal Savings b toan Associa~RK CIR UIT COURT _
of Fort Pierce : ~
Checked By - R Kayes ~ ~
aac 17~ ~ ~
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4~
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i y J- '
~.,r~ ~c~Ee~'s~_=~`P' T'~S.Y'{.~t~~ ~ . ~
~ . ~'K-+
`.y2"s .