HomeMy WebLinkAbout1884 ~ ~ t ~ .
S. To plaa ~nd oa+t~y kNp on tM buildinpt now a M+aft~r ~itwN on ~id land ~nd on all puiprt?~nt and p~r~on~lly cowr~d by tN~ morp.
pw with dl pramiuna tF~~on paid in full. fin inswu~p in tM uswl ~iaod~rd polky form, in a awn approwd b~r th~ MORiGAGEE, a+d wie?d~torn~ ;
iniwancc In th. ~,wl ~tand~.d poi;cy fan~, in • twn .pp~w~.d by tM MORTGAGEE. ~ such oompany w oompania a tA. MORTW?~3EE m~y s
dinctt ~nd ~II M~nd winduorm inMxana potkia on u~y of ~id buitdinp~„ u~y inter~~ tM~rln or put thKwf, tn tM pprpa~~ awn afaaaid a ~
1n ucent therwf, ~1?al1 c+ontain th~ uwal u~ndard mat~s~ cl~ ar wch otM. davs~ at th~ MwtyspK may requ~r~, makinp th~ tou w~dM said po1F
ctss. t+ch +nd ~v~y. paYabb w wid MORTGAGEE n iq intKat mey app~a~. and ~ach ~nd twry such policy sMll b~ promptly asf:~~ed and cl~iiw«d ro ~
~ny h~W by uid MORTGAGEE a iwthK kturiry ro taid marpa~ dsbt. and, not !~u tl+~ »n (10) d+ys in ~dvanu of tM ~xpiwtion of each policy to d~. ~
IivN to wid l~ApRTGAGEE a ren~w~l th~reof, top~thK with • rwipt for tFn pnmiwn of such r~newalj ~nd ~I+K~ sMll b~ ro fK~ w wind»o~m tn~xaec~
plaad on any of said buildinp~, ~ny ioter~at tMr~in a pan t1+Kwf, vnt~ss in th~ toren snd with tM loss pay~bl~ a~for~iaidl and tn tlr ~wet any wn+
of moeieY becor~s p+yaW~ w+d~r wsh policy a polici~s said MORTGAGEE shail Mw th~ opt~on to ~eceiw ud ~pply tM ~ or~ aecovn~ of th~ ir~btad- ~
ness ascur.d h.r.by a a p.rmt~ said MORTGAGORS ro..aiv. and u~ h or ~nY p,.~ N~e~eof fa other purpotes, w:'Faut thxeb~/ waivinp o~ impair-
i^Q +nr w~~h. ~ a r~ ~ or bY virtw of tNs mortyapet and in tM event pid MORTGAGORS sh~ll fot any nason fail ro kstp tM said pnmisea w
insw~d, w f~il b ddiva prwnptly ~y of ssW polici~a of ir~sur~no~ to wid MpRTGAC~E, o? tail promptly ro pay fuily ~ny premiu~n therefo? a in any
r~ip~et fsil b pafany disehu~, ex~t~, ~ff~ct. eompbt~. oompfy with and abid~ by Mi~ ~v~na~t, or aery pan lwreof, said MORIGAGEE may plan ~nd
P+Y fa wd~ inwrano? a M?y pirt thereof withoul waivinp a afhdinp +M? cWion. ~An. ~4uib. or ripht vnde~ or by vi~tw of this Mortysp~. ~rd tM
fvll amowu of ~+th ~nd ~vNy such paymMl shall M imnedi~t~ly dw u~d p~yabi~ and ahall btu inte?est f~om 1M dat~ tMroof vntii paid at tM at~ ot
n~ns W? a+?nu++ p~r amum ud tope~he~ wirh wch intsrar ~1~all b~ ~ecv~ed by th~ li~n of this mortq~ys.
I. To pt~mit, ooenmN a wff~r no wist~. 4nP+bm~M or dst~riowtion of said propKtr o? ~ny put tMraof.
5. To p~y ~11 ~nd singvlar tM cosy, cMro~s ~nd ~xpNws, inchidi~g a nasoMble morn~ys fN +nd oosri of ~bstwcts of titl~. incun~d or p~ld at
any lime by said MORTGAGEE, b~tsuss or in th~ ~wnt of th~ bilun on tM parl of t~ie s~W MORTGAGOR 1o duly, ~omptly ~nd fuity psrtorm, d~scMry~ ~
exec~t~. ~tf~ct, ewnpl~h,, aomply with a~d ab+d~ by tach and ~very ths stipul~?ior?~ a~reanents„ cornlitioiu, and oown~nri of ~aid promissory not~ ~nd thb
~u ~
mat9~ +mr o~ eitl~u, aod sa~d oost~ chug~s and ~xpero~s, eich snd ewry. sh~ll b~ i~nmediaroly dw and p~yabl~j whetM~ a not tMr~ b~ ootio~ dr
mand, ~tte,np~ to eoll~ct a wit psndiny= aod th~ full amount of sach and ewry wch paT:~nent ahall b~a. interosf from tM d~t~ th~reof until paid st tM
rate of nins per oMtum per a,nrwrq; and all said ooan„ c}w~s and ~xpenses ioa~rred or paid, topsther with auch int~rat, ~MII b~ securad by th~ liu~ of Mw
morty~. ~
6. Th~t W in th~ ~wnt of any bre~ch of this IYbrtysp~ ot defwlt on the part of ths MORTGAGOR, or (b) in ths ~wnt any oi satd swm of mon~r ~
herein »fared to bs not promptly and futly paid within thirry (30) d~ys next after th~ s+rn~ sevenlly become due and pay~ble. witM~rt dem~nd or notic~,
or in th~ ewnt each ~nd ewry tM stipulatioea s~reemar?ts cond;tioru and cov~nb of said promiuory nott aod this matpape any o~ eitt~er u~ ~w1
iuty, promptlp snd fully performed, d~schs~ed, executed, effected complstad, complwd with and abided by, tMn in eith~r w a~ryr such w~nt tM s~id p~
yrcy~h sum menti«~ed in said promissory oote then remainirg unP+id, with-jntsrest acvved. and ~II moneys secured hereby, shall beooa~ dw and WY
able fo.fhwith, or thertsfter, ~t ~h~ option of said MOkiGAGEE, u fvlly and compktefy u jf ~H of tha said sums of moexy yvere aip;nally stipulated
to be paid on s~ch d~y, anythirg in said promiuory rwt~ or in this to tM contra notwitMbndi
Morty+pe ry np; and there~pon w thereaher at ths option of
said MO4TGAGEE, withou~ norice a d~nd, wit at law or in p~?ity, therefae w thereafter be9un, m~y be prosecuted ss if all mooeys secv~~d hereby
had m.rured prior ro Ns +ruriruriort. ~
7. TM~ 1n the went tMt st the beginninp of a ~t aoy time pe~din~ ~n~r wit upon this Mortg~ge, or to foreclose N, o? to nfwm it, w to enforp ~
payment of any claims hareu~der, said MORTGAGEE shall apply to the Ca.~t h~ving jwisdiction thereof fw the appointment of ~ Receive~, such Cowt shall
FathwiM ~ppoint s receiver of said mortysyed p?operty ar~d sirguJu. inN~d,ny all and singvlar the income, profin, iswes ~nd revenues from whatewt
w~rce derived, each u~d every of which, it beinp expressly vnder:tood, is hereby mortgaged u if specifically set fo?tb ind described in the yrantinq and
habendwn da~ses hereof, and sod+ Receiver :hall hsve aIl the brosd u~d effsctiw fvnct~ons and powen in anywise entrusted by a Covrt to a Recaiver, and
such sppoinrment shall be made by such Court u~n ~dmitted equity and a rryner of absolute ri9ht ro said MORTGAGEE, u~d withouf refere~ce to th~
adequ~cy a irudequacy of the vilue of the prope.~y erwrtga9ed or to the sohency or ;nsolvency of said MORTGAGOR or the defendanu, and that svch
renes, profin, income, issoes and revenues shaN be applied by such R~teiMer accord;ny to ths lien w equity of s~id MORTGAGEE and the practice of such
Caurt.
.
8. To duly, promptly and fvlly perform, discMrg~. ~xec~te, eff~ct, eompkte, comply with ~nd abide by ead~ and every the stip~4lions, preements,
conditioru and ooven+nts in said promissory ~ote u~f this morl9age ~et forth.
9. Ttwr in ths event the ownenhip of the awrtgaQed pro,n;ses, a any put thereof, beawnes vested in a person otl~ tMn the MORTGAGOR, th~
MORTGAGEE, Hs wcauors aed sssigro, rn~y, ~,,,;rhoW ~otice to the MORTGAOR, deal with such successw or wcceuor ;n interesf w;th referNxe ro this
"'ort~+~e +^d the d~b~ he*eby secwed in tha sams m+mer as with Mwtysgw without in any way vitiatinp or discharging the 1Nortgagen' liability har
under or upon the debt hereby secured. No tale of tM premiyes hereby mortysped ~nd no iorbeuance on the p~n of the MORTGAGEE w its succeuors
or auigra uid no extension of the time for the p~yment of the debt hereby secured yiven by the MORTGACaE£ a iri s~aessors or au;yns, sh~~~ operat~
to reRa~. discharye. modify chuge a affect ths aiyinsl liabiliry of ths MORTGAGOR herein, either in whole or i~ part. ~
10. h b specificslly sgreed tMt Ywne is of the essence of this cororact ~nd th~t no w+iver of-any obl'igation hereunde~ or of the obli~ation se-
cured her~by shsll at u~y time tl~eresher be held to be ~ waiver of the terms her~of oi of the iratrumeot secwed herby.
11.~
ddiYan to the fwego:ng monthly payments of princ:pal snd iMaest required by the promissory nore secured hcreby, morf
~ and agrees ia pay~nertgaa e with esch montl?ly payment an add;tional sum estimated by matgsyee to be equ~l to nnua cost of the follow-
irK~:
A-All ~esl property taxes levied or assessed aga~ns described .
8-Premiums on fire and windstorm inwranoe as herein o improvemenjs sitvate on the above described premises.
C-Premivms on svch morlgage 9vsran ' as morrgsgee shall fran time to time ' on the loa~ secured hereby.
Mortgagee shall from ti notify mortgsgor i~ writing of the amo~:nt d~e and ~ayabk hereurKler and s su be due and
payabk on the d~e ~ next monthly payment and each successive mont6 thereafter. until mwtgagee shelt notify mortgagor of a ' s~ '
amount. S shall be spplied by mortgsgee toward the payment of real property taxes, inwrsnce p?emiums, and mortgaye gwrsnty inwrant~ 4
P[Cm s. ~
IN WITNE55 WHEREOF, the said MORTGAGOR hss hereu~to sei his hand snd sesi the day a+~d yeu fint aforesaid.
SiprNd, Sealad and deliv~ered in ih~ pssencs of: / 7~
~w`
~ t'S~aq
~ ~Qt~ C n -~.,~.J ~aq
,~'n ~
sTare oF ~iw? ~ ;
courmr oF St. Luc ie ~ _
6efon me pasooalty ~ppeand ~ Cl1It1S A. .3o*~n
and -
Mae MaGlenn his wife, fo m~ well known snd knawn to m~ to b~ ;
the individwb dewi'bed in ~r?d who ~x~cut~d tM fors9oin~ irntrwnMt, and acknowled~ed b~fon me that they ~xecuted the ssme for th~ p~rtposes ~
rheretn .xaessed. A~x) tl,.••:a Mae MeGlenn
wite of tM said _ Cultis A. MCGle n ~~m ~
examwution by me t~ken separatt and ~part from her said husband, adcrawledped b and b~fore me tbat sl+e executed s+id 'aatrurrwnt~frfslY wd volwf
rarily and withovt ~nY cw+nVu~sion, cwatr~int. +PP«~w fear of w from ha s+id hvsb~nd.
WITNESS eny Mod ~nd offieial s~al ~ ~y ~
,-4:~,'~, • _ L - J- .
.
- i Notary Public in ~nd fa th~ Ho?' ~t
RNvm Ta. 1LE0 AND RECOYa~~~ ~ Mr ~
pY
u ~:°~`~s' ~~~r~ ~ Q~
VN R iTATE OF J ~
~?.a F.a...i s~~. ~..«~.t~, g?. ~.UC~E C~ t~I ~E~ . EXPIRES DEC. r Q ~
OI FWt P;~.«. RF ~pgn V ~~M ' IRED W. DI[iT _
Fo~P Fierc~ Florida ~Q~ _ • ~ ~ .
,~6~•' . , , -
1 ~ ~ t0 , ~ ~br~n ~3 y ~
+69 APR / ~ 7/ `
This tnstrument Prepared By ~-~~c, ~ ~=r ~
Firs1 Federol Savings d~ loan Association ~~Rps -
- of P~e~~ R~'~lRCU1T COVRTI ~
Chedced By - T, Driscoll CLERK '
f
_ 0R ~
~OK~~ #'~E~~
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