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HomeMy WebLinkAbout2208 i . x.. To plao~ ~nd contiiwousy kNp a+ th~ bulldinps now a hK~ahK sitwt~ on aid land ~e?d on dl p~dPn+~eU +~d PK~Ih cowr~d by thu nw~t~ ~y~, with ~U pr~miums therw~ p~~d in fvll. fin inwr+~a in tM uwal sqndud poliqr fwrn, In ~ aw~? ~ppowd by tM MORTGAGEE, a~+d wincbtorm (rawarKS in tM uswi atuidud poliay fa~A, {n • suiu ~PP~~ bY tM JMORTGAGE4 in wd~ canpany or co~np~eda a tM MOR?GAGEE n+~y dtr~cti and ~II fln and wi~arm inw.~na polkia on ~ny Of {~i/I bYildifqf. Mly IflNfqt flfKfjfl Ot pA?t tM~Wf, tn th~ ~pp~pat~ wm afa~satd a in ~xo~q tMnoi. ~MII c+ontain th~ vaval standard ~nortp~pN daw~ a such aha dws~ a tM Mort~~ m~y nquin, m~kG+p tl» bss w~du ~aid pol} ci~s. ~ach ~nd ~wry. WYabl~ to said MORTGAGEE a ih inNrest nNy app~v. and ~acA and wKy such P~~h? iMtl b~ promptly ass:prnd aod dNiwr~d ro ~ny h~ld by s~id MORTGAGEE a fu.thK secwiry w~W mortyp~ debr. and, not l~s~ thu~ t~?n (10) days in advu~c~ of tl+~ ~xpiratao of tach polky. to da Uvw to uid MORTGAGEE ~ ~u+~wal thenof, to~iFNr with ~ npipt for tM pr~miwn of s~c,h nnswalj u~d tFw~ ~hall b~ no fin a winditorm Mwnnu pl~pd on ~ny of s~ld buildin~s, ~ny int~r~st thK~in or put tMnof. uoless in tM fam a~d with tM loss payabM a afornaky ~nd in tl» ~vent ~ey swn of mo~wy bec~o„~a payaW~ ww1~ wd~ policy a polici~s aid MORTGAGEE sh~ll Mw tln optio~ w nosiv~ and apply the sur~ on aceouM of the ind~bted~ ntss sscvnd I~esy o~ to pKmit s~id MORTGJIGQRS 1o repiw and w~ it a any part tFweof fw otix? pwpose~„ without thsreb/ waivinp w impaia i^ft +~Y ~~b. li~n or ripht under or by vtrtw of fhis maty+pe: ~nd in tM ~ve++t uid MORiGAGORS shall fa any ~~ason i~il w ka~p ~he wid premisea so inwred p fN) b delivK prompfly any of ~id policies of imwu~a to said MORiGAGEE, p fail promptly to psy fully any premium thsr~for or in any resp~a f~il b perfwnb difcMrp~, execut~, ~ff~ct, compl~t~, oompfy with +nd sbid~ by thi~ aovenant, p itly pi?1 INr~Of, saW MORiGAGEf m~y plao+ and WY fc? wch i~twanc~ o? +ny pa?t th~nof withoW watvkp or affedinp a~r opNon, Ii~n, puih. or ri9ht vr+dN or by virtu~ of this Mon~. ~nd tM fuil amo~nt of ~+ch and ~wry such paynNm shal! b~ inrn~d'wt~y dw and p~y~bl~ and ~hall Mu intKeat han th~ dat~ thereof until p~id ~t th~ raN ot nine pK p~tum p~r anrwm and teQether with wth intsnst thsll b~ s~cvrsd by th~ lite of thq mwtpap~. 4. To pem~it. oomenlr or wffsr no wu». ireK»irment or dstesiorat;on of said prop~rty or any part tM?eof. S. To pay a!! and sLpular tM costs, chup~s ~nd exp~r?~e~, indudinp a nasooabh attamey's fee and oosn of absn~cts of titb. Incurrd w p~id ~t any time by s~id MORTGAGEE. baavse or in th~ ~wnt of tM faiivn on the pa~t of th~ said MORTGAGOR 1o duly. prompth ~nd fu11Y pa~fwn~, d~xMr9R execut~. ~fhct, oompl~tt, oompty with and ~bkM by ~ach and every the stipvl~tiOn7, ~QfNrt~Onh„ CpnditiOrM„ ~nd COVlMnb Of Mitl p~OmitfWy 110ff N~tJ thiS mwtp+~ +nY or eitMr, and said oosh„ chuyes ~nd ~xperoe~, each ud ~wry. shdl b~ imn+sdiatey dw and pay~bir, whether a oot thsn b~ notiu dr mand, ~ttempt to collect a wH pendirgl and th~ full anaw?t of ~ach and awty wch p~ym~nt shatl bear Fnterost from th~ dat~ th~rsof un8! p~id at the .are oi nir~ pp ccnnuo, per ~nnurn; ~~d ali ~aid own, chu~s and expeoses inairr~d or paid, to~th~r with such &?tu~st. thall b~ a~wred by tl» lia~ of tha ' 6. iMt in th~ weot of ~ny b«ach of this Mort~ap~ w defauit on the p~rt of the MORTGAGOR, or (b) I~ tM ~wnt eny of sa+d suma of moe~ey i+erdn nfen~d ro be rat prore~ptfy and fvlly p~id within thirty (30) days next after th~ sam~ sevaaUy bacome due and paYabl~. without dem~nd w notip, or in tM ewot each +nd every tM stipulsYans, sgre~nts, conditions and toveMnb of s~+d p~omis~ry note a~d th~s mortpa~e any or ~ithar an no1 iuly, promptl~r snd fully perform~d, diad+sr~ed, txecvtd, effected, eompl~t~d, complid with +nd abid~d by, tlwn ln either a ~ny such ~wnt tM said p~ gregat~ wm m~ntioned in said p~omissory rqt~ then r~ininp unpaid, with interest ~taued, ud all ma?sys set~red her~by. slwll btsoin~ dw ~nd p~y. able forthwitF~, or thereaRe~. ~t tt~ option of said MORTGAGEE, as f~lly and comptetely u if ali of rhe said wms of ma~ey Wlff O?iQiMIIy atipulated to be ~d ort wch da , an in said ~ P~ Y Y~~+^~ W~~ssaY not~ or in this Mwt~~ye to tM contrary notwithatsndinp; ~nd thereupon or thereafter at tM option of said MORTGAGEE, withovt ootice w d~msnd, wit st law or in puity, therefon w the~eaher begun, may be prosecvted ~s if all ma~eys secured f?ueby ~ had maturttl prior to ib irotitution. 7. Th~~ in ttw evr~t that at the beginnkg.of or ~t s~ny fims pendin~ u~y wit upo~ tF?a Nbrtg~, or to faetlos~ N, or to reform it, or to e~forc~ ! payment of ~ny claims he+evnder. s~id MORTGAGEE sMll spply to the Cou~t Mvinp jwisdiction thereof fw the appointment of s Receiver, wch Co~rrt sh~ll ~ Forthwith ~ppoint a rccciver of said mortqag~d p?operty all snd sinyvlar, includug all and singvlu tM inca»e, pofin. Issues and nwnues from what~ver wvrce derived, each and every of which, it beinp ~xpresily unde~steod, is hereby mwtpaged as if s~ciiiutly set farth and described in tM ~rantinp and habendum cla~ses hereof, and such Receiver ~hall h~ve a11 tM broad snd effective fvnct~w?s and powen in a~rywise entnnted by a Goun to a Reosiwar, ~nd such appointment shall be raade by wch Court u ui sdmitted equity snd a matte? of` absolut~ ~ight to s~id MORTGAGEf, and without referenos ro th~ adequxy or in~deq~acy of the vslw of the prope.ty mohyaged o? to th~ solvency or insolvency of said M~RTGAGOR or the defe++dants, ~nd ~hat svch renrs, profin, income, issues and rwenues shilt b~ ~ppt;ed by such Receivsr aeaording ro tM lien or pviry of said MORTGAGEE and tF~e practia of auch Court. e. To duly. prurnptly snd fully perfam, d~scMr9e, execute, effect. complete. oomply with ~ed abide by each and every the stipulatioes, agreemeets, cond;tions and covenar?a in s~id pramissory rat~ y+d this mortysge set forth. 9. Th~f tn the evero the ownenhip of the ^arl9~yed Prar^~ses, or any psrt thereof, beoand vested in • penon otha ihsn the MORTGAGOR, fh~ MORTGAGEE, iri succeswn and auiyns, msy, withoW noYice to the MORTGAOQ deal with such waessor ot successor in interest with reference to this morl9aQe and the debl hereby secvred 'q~ th~ same m~rner as with Mortgagw without in ~ny wsy vitiatiny or d~schsrging the Mort9agors• liabitity hers~ under a vpon the debt hereby secwed. No sale of the premises hereby morlgsged ~nd no fabearance on the part of the MORTGAGEE w its successws or sugm and no extension of the time fw the payment of the debt hereby secwed yiven by the MORTGAGEf or its sucussws or ass;9ns, sha~~ operats ro releas~. disclyrye. modify ch~oge or effect ths origina) liability of the MORTGAGOR hsreir~ either in whole or in put. 10. It b specilicaUy agread that time is of tl+s euenca of this contr~ct and thst no waive~ o# any obl'~yation here~ndet w of the oblipatan sa- cured hareby sMll st aoy time theresfter be held to be a waiver of tht terms Mreof a of the i~utnrment secured herby. itior~ to the forego:ng monthlY paymenb of princ:pal and interest reqvired by the promissory note secured hereby, mortg and agrees to pay to monthtY payment a~ addirional avm estimated by mortgagee to be equal to 1/12 cost of the follaw- ing: A-All ~eal property taxes kvied w assessed against the above B-Premiums on fire snd windstwm inswance as herein r uu carried on the h situafe on the sbove dewibed premises. C-Premiums on such mwt9age 9va~anry i mwtgagee sha!! frari t7me to time deem fit to car loan sec~red hereby Matg~gee shall from fi ' notify mortgagor in writirg of the amount due and payable hereunder and wch wm ereupon be due and payable on the due t ne:t monthly payment and eath svcccssive month thereafter until mortgsgee shall notify mortgagor o a e in such amount. shaH be applied by mortgagee toward the payment of teal property tsxp, insurante prem:wns, and rrar~gage gvarany i ums. IN WITNESS WHEREOf, the said RTGAGOR has herevoto set his hand and sesl tf+e day and yesr fint aforesaid. Sip 5 led a deti _ prestnce of: '~~C~'' , sv ~ ~ ~ ~q ~-n STATE OF FlORIDA ~ ~ COUNTY OF S t. I. uC 16 ~ ~ e.for• n,. pa.,oMty •pp.,r.d W il l iaat K. H i t t A n M H~ t his wife, to rnt well known +nd known b n» to be tha individuab desuibed in ~nd who ex~cvted tFN for~oirg instnur~t, and ~cknowled9ed befora rn~ that they exacuted th~ ws~ fw tM purposes rherein ~xpress~d. Md th~ aat~ Aflfl M. H~tt wtfe of tM said W 1117. K H 1 ..~d prlvat~ exnn'wtae~ br m~ ts4en ~ep~nt~ and aput fran Iwr taid Mab+nd. +dc^owl~bed ro~nd b~fon enr tkat sM ~acvtsd s+id•inatnxrrnflliNy ~iod vohrn- ~arily and witlwvl +nY oompv~sion, conatwim. apptel~ntiqey ar~~~r of or from Mr said Iwnband. f WITNESS my hw+d and official »al thts r-L~~ d.y,( Aj~ril " ~ . A. D: -~4..1~2 ao o - , RE~~ E • C - - ~ ~ ` - - F~~E~ ~'N~ ~ut~'~Y G~"' r,w,ry ~K ~ .~d fa s~.n-~ ~p. , ~ ~tE , , . My cc.mnis.an .xpi..s: Return Ta. ~ I' ~ -7~ ; - ~ft~ F~lf~ SiY~11~1 a ~O~YI A{iOC~11011 . ~ . '~~r~~~C~~ _ _ , , ot fo.r P~~.~.. ~O : 3 ~0,,,, . . - . . fort Pieru. Fiwida ,6g AQR ~ This Instrument Prepared By. ~p6ER ~T~O ~T ' 4 First Federal Savings b loan C~~ ~ ~ of fort Pierce ' Checked By R . Kayes _ ~176 ~,~~205 ~ - - ~ ~f 1 ~ ~ - ~ : ~+~ram. s ~.~r~ . - _ , ~