HomeMy WebLinkAbout2600 ~ ' ~t`~ tt:
To pl~p and contirwously kkp on tM buildtnp~ aow a hK~aher ~itu~b on said I~nd ~nd on all putprn~nt and pKwn~ily covK~d by thi~ nqrt~ ~
~pR, with all pnmiwns ~Mreon paid in full, fin taswu+c~ in tM vsua! ~arda.d poltcy fonp, in • sum ~pprowd by ~M AAORTGAGEE. a~d wi~ro.m ~
inwr~ in th~ wwl s~u~dard pol~cy fam, In ~ sum ~pprov~d by th~ MORTGAGEE, in wch comp~ny w compani~s a~ tl+~ MORTGAGEE m~y
dinctj u+d ~11 fb~ a?d windNwm Guvrana polici~s oo My of Nid buiWiep~„ Wyr int~r~st ~hKrin or put thK~of. M the pprpat~ wm afwaaid or
in sxcws ~hKwf. ihaN cont~n tM v~w! u~ndard morrpapN d+uw a wd~ alw~ claus~ a tM Mu~y~ may rpuK~. mahinp ~M Ioss w~d~. ~aid po1F E
ci~s. ~ad~ and ~wry. p+YaW~ a said MORTGAGEE as ~n ~r.~.s~ m.y .~.a?. and each aod ~wry such policy sMll b~ prompty ~u:9n~d and dflivKed ro t
~ny h~W by s~id MORTGAGEE a fwthN securiry ro s~id mortyay~ d~W, and. ~wt l~as ~han nn (10) days In ~dvanc~ of tF,~ ~xpir~tiom of ~ach policy, w da
Iiwr ro aid MOltTGAGEE • nn~w~l thtrwf, top~tMr with a r~uipt for tM premivm of wch r~?ew~lj and d?en shall b~ oo fir~ w wi~~am t~wranc~
plaad oe ~ny of said buildinps, any inlec~if fMr~in or p~rt N,~.wf. unless tn tM fam and wirh tM lou payabk u afa~saldr and ln tM ~wnt any wm
of mw~ty becorr~ payaW~ w~dM wd~ pcli~y or pol;ci~s said N1QkTGAGEE shall Mw ~he op~ia~ w nceive and +pply 1M sam~ on ~ccouM o1 tM indsb~ed,
n~ss s~tund her~by a b p~rmit Nid MORTGAGORS to t~piw ~nd w~ M o? any part thereof for other purposet, without therEb/ waivinp w anpair•
inp ~nY puity. li~n or rcqht ~x+der or by vutw of this more~s and M ~M ~vent ~a;d MORTGAGORS shaU ta a~ny r~awn fail to ke~p tl+e saW pnmises so
inwhd, a f~U to d~livK pamptly any of ssid policiN of tnswana to said MORTGAGEE, a fail promptly ro p~y fvlly ~ny prsmium th~nfa o~ h any
r~sp~q f~il b pa(wm, dixhar~e, ~x~cut~, tff~ct, compl~b, comply with and abid~ by this aow~anf, w any put her~of, said MORTGAGEE may plsu ~nd
pay fa wch lnwr~ncs w any parf /Mr~of withovf waivinp o? ~ffMinp anp optioo, IiM, puiry, o? rght undK or by viHw oF this Matpp~, a~d tht
tull amount of eacA and ~wry wch p~ym~nt ~hall M irnn~di~t~iy dw u~d payabl~ ~nd sh+ll be~r interest from th~ dat~ Ihereot umit paid ~t Mw rat~ o!
nir» pN cenfwn p~r ~nrwm and togNher with such intereit t?wll b~ s~cured by tIN li~n of this matp~e.
~ To p~rmit, oommit or ~vffN no wate, impakment a eMtaiw~tan of said propKry or ~ny part tMr~of.
5. To py all and sinpula~ tM casts, cM.ya and ~xpMS~s, includinp • r~awnabl~ anorn~y's fe~ and costs of ~bstracts of titl~, incvrred o? psid ~t
~ny tim~ by aaid MORTGAGEE, btuuse a in ths tvent of tM f~ilwe on tM put of 1l+~ ssid NWRTGAGOR M d~ly. promptly ~nd fvlly per(orm, dixharqR
•xecua. ~if~ct. compts~~. compty with and abid~ by ~ad~ aed ~very ths stipulatiora ~reeme~n, oonditions, u+d cownann of said promiuwy ~o~~ ud fhi~
mortqap~ +ny w ei~he~. and said costa, chupes and ~xp~nus, tach ~nd ~very. sMll M Immediately dw and p~yabh: whethtr a not tMn be notia dr
mand attempt to collec~ a wit p~ndinqt ~nd tM f~lt amount of ~ac6 end every wch paymsnt iAall bea. intersst fran tM date Nnrwf until paid at th~
~ate oi nint per c~ntum per amwm; and ~II ~aid cosri. chu9es and expenses incvrred or p~id, together with wch intKUt, sMll b~ setwed by tM lieo of tlw
mortqp~.
6. ihst (a) in tM ~wnt of any breach of thh Mortyspt or default on the pa~t ot the MORTGAGOR, or (b) Fe the ~veot any of s~id svms of mon~y
herain rtlar~d to be not promptly u~d fulFy paid wi~hin thirty {30? days nexl after the same severalty become d~e and payable. witlaut d~m~nd or notice.
or W in the event each and ~very ths stipulations, ~yrasrMnn, conditions ~nd covenann of aa~d promissory ~note and th~s mortpape _any w~itAer ~r~ no1
i~ly, promptiy ar?d (ully pertorm~d, d~sch~r~ed, exscvt~d, ~ffacted completed, complied with ~nd abided by, then in either or any ~vch ~wm 1M ~+id a~
gregat~ wm mtMioned io said p?omissory note the~ ~emai~inp unpaid, with iMerqt acuued. and a~l moneys setvred I+ereby, tMll bstome dw and pay-
able fonhwitFy o~ thereafta, at th~ option of uid MORTGACaEE, ~s fvlly ~nd compktely ~s if all of the wid sums of mor~ey w~?e a+pin~lly atipulated
to ba paid a? such day, ~nythiny in said p~omissory nots or in this Mwty~ge to the cont~ary notwithstendinp; and thereupon or thereafter at tM option of
•aid MORTGAGEE, wirhou~ notice w demand, wit at law w lo puiry, ther~fwe or thereafier beyvn, may be proxcuted u N ~II naneys Ncvr~d Asreby
had marwed prior ro in iearirurion.
7. ihaf in the eve~t that ~t th~ beginniop of or at ~ny tim~ pending any wit upon this Mwtgage, a to fwecloia N, or to ~efwm It, o? to enfwc~
paYmenl of +~y tla'um herwndar, said MORTGAGEE shall ~pply to ine CouA Mving jurisdrctio~ thereof fw the ~ppointment of a Receiver. such Court sh~ll
fwthwith appoint a?eceirer of said mortyayfd property all and sirpular, includ,ng all ~nd singulu the income, profiq, issues ~nd revenues from what~ver
source derived, each aed every of whKh„ it beinp ~xpressly ~mderstood, is hereby mortgaged ~s if specifiully aet fath and desuibed in ths 9rantinp and
habendum clauses hereof, a~d such Receiva shall h~w a0 the boad and ~ffective fwrcfioos and powen in aeywise entrusted by a Cowt to a Recshrer, ~nd
wch ~ppointment sF?a11 be mad~ by wcl? Court as ~n admitted eqvity a~d a matta of ~baolWe right to said MORiGAGEE, and without referenca to th~
adequacy or insdequacy of the valu~ of the properry mor?q~ged or to the tohrency o~ insolvency of said MORiGAGOR or the defer+dsnn, ~nd that such
rent~, profits, income, issues and revenws shaH appl7ed by u?d+ Receive~ accwdiny to the lien or puity oE said MORTGAGEE and the practice of such
Coutt. ,
8. To duly, promptly ~nd fully perform, dischup~, exewte, effecl, compkte, oomply with ~nd ~bids by ach and every the stipulations, ~greements,
conditio~a snd covenanta in said promaaory note ~nd tha matyag~e set forth.
9. That in the event the ownership of the malqaped premises, a any psrt thereof, becomes vested in s person other iMn the MORTGAGOR, th~
MORTGAGEE, lts suttsssors snd sui9ns, may, without ewGce to the MORTGAOR, deal with suth suttessor w sutcessor i~ inte~est with refaente to this
mort~aape and the debt hereby setvred in the same manner as wifh Mortgagw without in ~ny way vitiatirg or discha~ging ths Mortyagwa' li~bility Ikra-
under w upon the debt F?ereby secured. No sale of the premises hereby mwtgaged and no fabearance on the p+n of the N?ORiGAGEE o~ its wccessors
o. auig~u snd no extereiwn of the time fw the p~yment of the debt hereby secured yiven by the lNORTGAGE£ or its s~rccessors ar ~ssipns, shali opvat~
ro rekase, discMrye, modify change or affect !he aiqinal liabilify of the MORTGAGOR harein, sithcr in whole or in put.
10. !t h specif;ylly agreed that time h of the euence of this tontract ~nd tMt no waiva of any obligation herevnde? or of the oblipatio~ ae-
cvred F~areby shdl a1 any time thereaher bs held to be a wsiver of the terms hereof o~ of ths instrument secur~d herby.
11~1_n additwn to the forego:~g monthly psymcnts of print:pal and interest required by the promissory note secured hereby, mottgago?
and agrees ro pay each mo~thly payment an ~ddiiwnsl ium estimsted by mo?tgagee to be
equal to 1/12 of t t fdlow-
ing:
A-All real prope?ty taxes kvied w assessed against the above e.
B-Premiums on fire and windstorm insunnce as her " to be urried on t menfs situate on the above tkscr}bed premises.
C-Premivms on wch mwtgsge guar rance as matgagee shall from time to time dcem fit to the ban secured hereby.
Nbrtgsgee shall from nme notify mortgagor in writing of the amount due and payabk hereunde+ and suc I thereupon be dua and
payable on the e of the next monthiy psyment and each successive month thereafter ur.til morfgagee shall notify mortgagw n e in such
amoun swns shal! be applied by mwtgagee toward t!x payment of real property tsxes, inwrance prem:ums, and mortgiye guatanty ~ ~w~cP
~urm.
IN WITNE55 WHEREOF, the said MORTGAGOR Ms hereuMO set his hand and seal the day ar?d yee fint retaid,
Sgne . S~ated and del~ iv~d in the presence of: /J
/Id~v
_ ~
n
n
STATE OF RORIDA ~ _ ,
courmr oF St. Lucie
e.fw. m,. P..,oo~uy .ppe.rcd _ C. B. Sne~lyZOVe . S r.
• ~nd
Nina G. Snellarove l~is w;t~ to me w~~~ kr~owe~ .~a kr~own ro o,s ro b.
tM indiridwls dewibed in u+d who ~xewted tl» forpoiig initrument, ~nd ackrwwkdpad befon me that tMy ~x~cuted the ssrrn fw tht pwposes
rr~,~„ ~xa,,,~a. ~„d rn. w~ Nina G. Snellgrove
wif~ of tM said C• Snellgrove, SY • ~pon • s~pa.~t~ and priv~t~
exsmin~tan by me tsken sepu~le and apsn from her said lwsbanJ, aduawkdged to and befo~~ m~ that ahe ex~cut~d said irotrument fnely and volurr
tuily and witho~rt aey compulsion, constr~int, ~pprehMSion, or fear of w from her uid husband.
WITNESS my FNnd and official s~al thi~_ day of A. D. 19~_
- Not+ry PvWic in ~nd for tM State of flwida at larp~
. ' : Mr Conrniaion .apins:
RNwn Ta • ;~,~~~1u~•t~er~,~
Fi~st F~dera) Savinps i toan Atsociatan p~K. S~! 0~ F~Olidl J1 Vt4!
Of Fat Pfcrca " ~ ~ +s~. ~9
~ ~ M~Mr M A.r.c~ iw ~ C~ir G.
Fwt Pie~ce, florid~ ` C" v~~• i
t
- ' 'c.~ ~ ~ - • ' ' FtlEO AND RECOROED _
' • ; ~ '-s : ~ ST. LUCtE COUNTY, RLA.
~o r_; . . PF:COP.n VFR 0 i
: 7 : ~y?~/
This Instrument Prepared By , i
First Fede?al Savings b loan Association .`.Z : 1`'
of Fon Pierce ri { 8 ~ 9 f y9
~ - ~ '69 APR • ~ '
~'''~r,: ~:s~+~ati.~,....
Checked By J. Collins _ , ~ ~f
a
ti0 ~Cr~, F'Oi AS
lIOOK1'~6 ~2597 CLERK CIRCUI COURT~
. ~ ~f
_ Y,.~: _ • ~ ~
- ~ -