HomeMy WebLinkAbout2468 i y. ' '
To pl~a and continuovsy kNp on tM buildi~+p~ now a h~afhr sitwb on aid tand ~rd on dl putpm~nt and p~nooa!!y covN~d bp thh narf~
q~, with d! pr~mtums thK~on paid in full, fin 4aw~+a in th~ wwl stu+dard poliq fom~, in ~ wen ~,prowd by tM MORTGAGEE, and wind~torn?
uaw~e~a in N» wwl ~~~ndud Policl? farnA. in • sum approwd by rM MORT6AGEE. M wd+ company a comp~e?iN ~s tir NtORTGAGEE nwr
dincq a~d ali fih u?d winduonn irowana poticia on any of s~id buiWirKp, anr tn~west thaNn a part tM~wf, in th~ ~pprp~t~ sum aforaaid a
1n ucaa tl~hof. ~11 cont~in tM uswl uu~d~rd monpsp~ dau~ a wch ahw dw~ a tM MonpapN maY rpu'w~,, nNkinp tF» loas ur?dM ~aid po1E
c~a, ~ad~ ~nd evary. MYabi~ b said MORTGAGEE a ib intKSSt may app~a?. aed ~ach and wKy tuck policy thaN b~ prompty au:yrwd and d~liw»d ro
ar?r MW by uW MORIGAGEE a funha acwity to said mo~ay~ d~b~. aed, not I~s~ tiwn tM (1~ days in advaac~ of tM ~zpiratan of Nch policy. to d~.
liwr b~id MORTGAGEE a nn~wsl th~?~of, roptthr? with • na~ipt for tM pr~mium of wd~ r~walj and ~Mn ahall b~ no fin or wi~torm inwranc~
pl~pd on ~ny of said buildi~ps, any intKat fMrtin or put thn~of, unku !n ~h~ lorm u~d with th~ loas p~y~bl~ ~s ~fo~tsaids ~nd in tht ~wnt ar~y wm
of mo~ty beaom~~ payabl~ w+dK wd~ poiky a polld~s wid MORTGl1(3EE ih+ll Iww tF» opt~oe~ b ne~iw ~nd ~pply fM ~ on acaouel of tM ind~bted~
nas a~cw~d lw~by a w pKmil s~id MORTWIGORS ro nt~iw aod us~ it or any pan tlKreof fw otl+er purposes, without tMreb~ wiivinp a impain
~+~Y ~+jb. ~ta~ a riph! w~ w by virtw of this mortp+p~t ~nd in tM ~wn~ wid AhORTGAGORS ahall fa any r~aso~ f~il to ke~p tM wid pnmi~et w
knvnd. a f.il w d•liv.r P~~~Y +nY of s+id policiet of U+wranot to s~id MORTGAGEE. ot f~il p?omP~N ro WY fully ~ny p.emiwn ti+er•for a in any
r~ap~ct f~U b p~forn~, dischary~. uncut~. ~ffact. comPlttt. oomplY whl~ and abid~ by tha cown~nt, w ~ny p~rt l~wf, s~id MORTCAGEE m~y pl~a ~++d
WY fa wch inwranb or M?y put th~nof withow w~ivinp or ~ff~ctinp u?Y aPtia4 ~IM. W~tib. a ripht w+de? a by vi?tw of thh ~+d tM
full amoi?m of ~ad~ and ~wry wch p~y~mnt sMll b~ inwmdiahly du~ and payaW~ a,?d ahalt bw intsre:t from tM daM theraof w?ti! pa~1~ n» oi
nin~ p~? centwr? p~r ~mum and to9sther with axh int~rest shall be s~tw~d by th~ li~n of this ewtp~pe.
4. To p~rmit, oommit or wff~r no wab, knP+irrtwnt a detKiontion of said propKty w any prt t}~srwf.
S. To psy ~II ~nd sinpvlar t!w costs, ch~rp~s ~nd ~xpe~a~, inclvdinp s nason~bb atfwn~ys f~s u~d oosta of abitr~cts of title, M~cwr~d w p~W ~t
~ny tim~ by aid 1NORTGAGEE, b~caw~ or in th~ ~wnt o! tM i~il~n on th~ part of ~M said MORiGAGQR a dv1Y. w«*WM +~d f~,th w~~~n. d~.ch~.~
~x~nn~. ~H~d, oomp4t~, ow~ply w;th and ~bide by ~ach and ~wry tM stip~lations, sgnaeoent~ cond;tiorn, snd cown~nq of said promiuory eot~ and thi~ ~
m+orty+~ +~Y w atAa, u+d ~aid oosh. chu9es and ~xp~ra~s, ead~ ~nd ~wry, sh~ll b~ 6nmedia~ely dw ~nd payabbt wheihe? a eot M~.~ b~ notio~ dr f
mand, ~ttempt ro odlecf or tuit pKxlinpr and th~ ful) amount of ssch ~nd ewry such p~yment sMll bear interest from th~ dat~ tlkr~of umil paid at the
rate of nine per untum pK annumj aed all wid tosts, chu~s and ~xpenses inairrd or paid, topNFwr with wch int~r~sL ~11 b~ sawnd by tM liw~ of thk f
mapap~. . :
k
6. Th~t (a) in th~ w~nt af ~ryr bnach of this Mortpap~ or d~favlt on ths put of tM MORTGAGOR, or (b) in th~ ~v~nt a~y of ~a;d awm of nwn~y
~,e~.t~ ..t..r.d ~o be „w ao.~ry .~+d h?ty P.~d within thirty (~0) days naxt ~fier tM sarrK ~everatly becan~ du~ ~nd payable. withovt d~m~od w notio~.
or W in th~ wenl e~th ~nd ~very tM sNpulations. +9r~a~en». conditions u?d cov~+»nb of said promissory nob and tFrs morfpape any a~ithe? an no1
~ly, prompty and fulN paform~l, d'acM~ed, exea,t~d, ~ffect~d, compl~t~d, compl;~d with ~nd abided dy. tMn in ~ither or any such ~wM th~ wid a~
prg~t~ sum menYwned in said promissory not~ then renyiir?inp ~npaid. wiM interest ~arued, and all nwneys seevr~d M~sby. shill bero~n~ du~ and pay.
• sble forthwith, or rMreahe~. at th~ oprion of ~aid MORtGAGFE, u fully ud corr?~I~~elr as if sll of the said sums of mon~y wer~ oripinatly st~pul~ted
to b~ paid on wch dry, anylhinp uid prpnis~ory ~wte p tn thb Mortpa~e to ths coMruy nWwithstsndinp: and thereupon or thero~her a1 tM option of
taid MORTGAGEE. without notia or dam~nd, suit at law or in p~iry. tl~arafon or thereaher begw4 m~y be prosecVtcd as if all i?~oneya s~curd lw~r~by
nad matwed prior ro in i~stin,ria+.
Thst in th~ event tMt at ths bepLu~irg of or ~t any Yum pe~dirg ~r?y wit upon this Mortgp~. or to foreclos~ M, or to nfonn it, or fo ~n{orp
P+Y~~ of +mr d+ims hereundar, wid MORTGAGEE shrtl .~ppty w the CouA (+~vinp jwisdicrion thereof tor the ~ppoiotm~nt of a Receiver, wd~ Covrt shall
fonhwifh ~ppoint a reoeiver of said mortyay~d p?oQerty all u~d sirgulu, includ~ng all and sinpvlsr the income, p?ofits issues ~nd r~vsnws from wh~twtr
wwa derived, e~ch and every of wli~c}~, it beinp expressly ~nderstood, is hereby mwtgaged as if specifically s~t forth and d~scribed in ths yrantinp and
h+bendum clsuses hereof, anef wcA Reoeiver ~hall h~re a!! tbs broid and effectiw funct7w~s and powen In anywise entrwted by ~ Covrt to ~ Receiwr, u?d
such appointment shall be made by wch Court a an admined eqviy and a matter of absotute riyht ro said MORTGAGEE, and wi~hout retersnu q th~
+dequscy w in+deqwcy of tFw wlw of the prope~ty rnorty~ed or to the solvency a iewtvency oi satd MORTGAGpR or the defendand, and that wch
.enta, profin, incane ~sues a~d revenws sh~ll b~ ~ppliec! by such Raceiver accord'u+p to the lien w pvity of said AIIORTCsAGEE aod the practiq of such
Court.
8. To duly. pranptly and fuly parfwm, d'acFWrge, execute, effact, aompkte, aomplY with snd abids e~d~ and
ca~dittoru and oovenants in said promiuory not~ arx! this martgsy~ set fonh. bY rv~ry the stipulatior?s, ~DreMNnts.
9. That in the event the owncrship of tM mortgayed p~emises, w a~y psA thereof, becornes vestad in a penw~ other Nwn the MORTGAGOR, th~
MORTGAGEE, its successors uid ~ssiqns, may, without noYce to the MpRTGAOR, deal with soch succeswr or successor in interest with refersnce a~ha
mortyape ~nd ti~e debt heraby ~ecurad in tIM ~ame n,a?wx~ ~s with INo.tgaQw without in ~ny way vitiatirg w distharging the Mortysgors• liability h~r~. t
under or upon the debt hereby secvred. No s~y of the premises hereby nw.tqsped u+d no forbear~nce on Iht part of tha MORTGAGEE w iq suoceston j
a assign4 and no exteeuion of the time for the p~yment of the debt heroby secured qive~ by the MORTGAGEE or in succsssora or ast;yn~, ahall ops~?ab f
ro rdeaw disd~+~, modify charge w affect th~ o?iy;nal Iiabiliry of the MORTGAGOR he?ein, either in whole w in put. j
10. It is specifically agreed thst trne is of tha es~ence of this contr~ct ~nd that no w~ivar of any obligation herwnder a of ths obli~~tion ~e-
cwsd Mr+by shall at aoy Yune thereaher b~ held ro be ~ waiver of tM tenns hereof or of ths instrument sec~rad herl~y, -
Il.-1n addition to the forego:ng monthty payments of ~int'pal and interest rcquired tF?e
and ~qrees to pay ee with each monthlY payment an additional sum estimated b m~prt ~~i
~^O~e secvred hereby, mortgagw ~ts
Y 9~ to be ual to 1 12 of the annual i~e~ folbw-
ing:
A-All real property tsxes kvied or assessed against "bed red estate.
B-Premiums on fire and windstwm irauranoe as hercin ~equ~red to be ementt situate on the sbove described premites,
C-Premi~ms on such mortgage gwr~nty insurance ee shall from time to time deern fit to bsn secured hereby,
Mwtgsgee shall from time to ti ' gagor in writing of the smouM due and payable hereunder and such wm s
payable an tf~e d~e date :t monthly psyment and each suooessire month thereaftea wstil mw! a~
amount. Su~s~ a I be applied by mortyage~ toward tlx payment of real 9+9~ s''!a~~ ^otify mongagor of a charge
~e P?opertY tsxes, inwrsnce prem:ums, and mort9aye 9uaranfy inwra~ce
IN WITNE55 WHEREOF, the ~aid RTGAGOR has hereunto set his Fwnd and s~y1 tlx day and yeu fint sforesaid. ~
Siyn e and el' d w pre of:
~ r
~ n
n
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STATE OF FLORIDA ' ~
~ ~ 1
COUNTY OF St _ L uc ie
e.f«. ~~„~~y,~.,~.d Julia Ann Hardina. A W~dow ~ ~
~ wif~ to me we11 k~wwn and known to mt w b~
tM irKlividwM dewibed tn and who ~x~cw~d ths fon9ow~p Uutnmwnt, and acknowleelqed be#ore m~ that ~he~a ~xecutad Na ssrn~ fa th~ PurPo~s
~n...~, •~..swd. ~ -•i~...:i ' s he
_,,,ii..,.i~hr,.i~ ' ~ "
bn sapar+~r w~ ~+~rt-f~ow~-!~r wii aodJ~efon.~o~.th~t ~~xea~t~d.said Lo~ty~Pi. y~y~'
+~'il~? 7wd"un+~Awi?+~Y-~wwki~. p+ytrai~~. +pP+r~hw~ioa~ q1~ar bF er-1+ee+-1~rs~ir i~wMwd. ~ .
WITNESS my Mnd ~od ofAclal wsl +1+~• d+1? d ~ •
, ~ . q. D: ~.L9:_b~ :
FILEO AND RECORdEO~ • ~ ~
ST. I.UCiE COUNTY. F - ~~ry Publk le arK! for fh~ Sfat~ of Flaida M tarp~ i ~
R E C 0 R~; `l _ R I F I E D N?y c,ommas~oe •~qns: IZ rf
f '
Re~wn Ta ~ ~ : ~
~ira f.daal S.vtnps i lo.n ll~wctar'an l~~~i ,u~AR~ ?YeUC. itATE Of fLORiYA1~ ~Ap~
Of Fort Piercs. M11 COMMISSION EXPIR~S pEC. -.3. ~97~ .
~ P~.«. F~~. '69 APR~ I 6 PM t: 13 rR~D O~c~T~LNdR~T.~ #
CT. ( ~
:;[?;,~F~TR:.S
This Instrument Prepared ByCLERK CIRCUIT COURT
First Fedcral Savings 3 loan Asaociation ;
of Fort Pieroe
Chedced By R. Kaye s
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