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HomeMy WebLinkAbout2983 , ' ~ ' ~ ~:j To pl~a +ed contLKwusly kNp on th~ buildinps now a I~NftM W1wN on Nld land ~nd on il) puiprrNnt ~nd pK~w~ally cov~nd b~l this mo~1¢ pw with d) premivm~ tMrwn pa~d i~ fvq, fin truwanu in tM uswl uandard polky form. h a wm app~ovad by tM MORTGAGEE, ~nd windatorm traw~ncs in tM uswl sqr~dard polity fan~, in • wm ~pprov~d by th~ MORTGAGEE. in wcA comp~Y a con?P+ni~s a tM MORTGAGEE nwy dinctl ~nd all fin and win~bwnn inawana Polici~s on any d s~id buitdiepw ~nY Mt~n~t thaein or pNt tMrwf, in HN py~epat~ wm ~fa~id w In ucc~a tMnof, sAai~ ca+t~in tM wual p~~3erd mortyapN dsus~ w sud+ othK daua u ~M Matpap~ may rpu'u~. makinp tlw bu undM s+~d pol~ ci~s. ~ad~ and wKy. paYsb~ b ~+b MORTGAGEE as ib In1K~~t m~Y ~pp~a~. uid tach ~nd ~w~y tuch poliq sMll b~ promptly us;yntd ~nd dtlivKed ~o ~ny MW by s~id MORTGAGEE a furtha aarity to said mwt9~ dcbt. u~d, not ~~ss th~n tM l10) d+Y~ G+ +dv+~u of tM ~xpir~tion of ~ach policy. to de IivN ro s~id MORTGAGEE • ren~wal therwf, toptthK with • r~aipt ia tM pnmium of such r~nswalt and thtn sh+ll M no f'ut w winditam inw~~eu plaad on any of saW buildiop~, any Mtenat thK~in or put tM+wf, ur?less in th~ form u~d with th~ bu p~y+bb a ~foniaidt ~nd in tM ~wnt ~ny swn o{ ,~„~y ~,,,,K p~Y~1~ w,du wel, pelky a polici~s wW MORTGAGEE ~II haw tM optan ro~soeiw and ~ppy tM sarn~ on +caoum of tM ir~bred~ nea wc~r~d Iwreby o~ a permH aid MORTGAGORS ro nteiw uid u» it a any put thereof iw other purpwes, without the~eb~ waiviny or imp~ir- inp anY puity. ('an w ight w~st w by vtrtw of thk nwrtp+p~i and in tM ~wnt ~aid MORTGAGORS ~MII (w ~ny ttason f~il to ketp tht said pntnises so in~urod. or fatl to d~liver promptlY ~ny of uid polici~s of ie~sw~na to s+id MORTGAGEE. a f~il promptly to pay i~lly ~ny pra+?ium the~efor a in any nspM fail to pKfwen, diachu~e. ex~wM, eff~ct. compi~N. aomply with ud abid~ by this coven+n4 a ~ny p+rt Mrsof, said MORTGAGEE may plaa and WY for such inwranc~ or ~ny put tMreof without w~ivi~p a ~H~ctinp +nY eP~ia+. ~1en, e9uitY, or riphl unda or by virtw of thts Mort~spe. ~nd tM full amouet of ~ach ~nd ewry wd~ p+Yma~t ~11 b~ imrtMdiat~ly dw H+d pay+bi~ and shsll pear tnterest fran the dat~ tl~sof until p~id at tM rat~ of nir~ pK potum pw annum ~nd topether with wch intaest sh+ll b~ s~curod by tM lien of Mis morty+pe. 1. To p~rmit. aomntt or wffu no r~-~4. imP+irm~nt w d~taioration of uid prope~ty or anr°put therwf. S. To pay all ad ~legula ths eosts, charp~s +ed ~xp~mo~„ inciudirg + rs+so^+ble +t~°r^~Y~~ fss snd cosh of ~bstracts of titb, incwr~d w p~id +t any time by ~aW MORTGAGEE, beca~s w in th~ ewnt of ths failwe a+ the pxt of tM said MORTGAGOR ro dvly, promptly u~d f~IIY perform, di~cl~a~ executs. df~cf. oompleq. oomply with and ~bid~ by ~+ch u~d wery the stipulations, preements, oor ~]ions. +nd wve~snn of s~id p?omissory noh and tha mo.t~pe any w a~F~. u~d s+id costR, chuy~s ar?d ~xpensrs, each and wery. ~hsll b~ irnenediately due and paysble: whetl+~r a not IMre b~ notice de ma~d, anempt to oolkcf w wit pend'enpj u~d th~ full anaunt of e~cl~ and evary wch p~ym~nt sh+ll bear interest fran the det~ tMreof ~ntil p~W at th~ rate of nine pe? untum pet amwm; snd all wid cosn. dw~s and expenses incwr~d or p+id, topether w~th such interest, sMll b~ secvred by th~ li~n of this r^c?tp+~• . . 6, TMt (a) in the wN+t of any br~ach of this Monpay~ a d~fault on t!r p+rt of the MORTGAC,OR, `vr (b) in th~ eveM ~ny of s~~d swm of owr~y herain refened to bs oot promptly and fully paid within thirry (30) days next after tM ~ame ~teveraly becoms d~e and p+yabM, withovt dsm+ad a notioe. or (v in the event cach and every tM stipulations, ~gr~em~nts, conditions u+d coven+nn of sa7d promissory no» and tl?~s mwpape +~y w~ithsr ~n no1 iuN, p?omPtly uid fv11y perfwmd, disch+r~ed, ~xecvted. ~ffed~d. aompleted. comP~i~d with and ~bided by, then in eitM? or ~ny such ~wnt tM said ap~ gregst~ sum rr~entia~ed in ssid promiuwy rwte then rsmainirg ~~paid. with intaest sarved, and all rtwneys setuted hereby, sMJI betortie dw ~nd p~y- abk forthwith, M tAlYNftK. ~t tM optan of said MORTGAGEE, as h?Ily and canpktely u if all of the said sums of monex were oripinally stipul~ted to be paid oo such day, anythiny in said promiuory rwts or in tha Mat~sye ro tM contrary notwithstanding; and thereupon or thereafier a1 tM o{+tan of said MORTGAGEE, without ~otict or dNnand, wit at law or in pvity, thenfae w thsreafta begv~, m~y be prosecuted as if all mo~tya sM.wed Mreby had tn~twed prior to ib i~ntitution. • 7. TM~ in ths we+?t that et the beglnniny of ot at any time panding sny wit upon this Mortg~yq, ~or ~to fwacio'ss M; ~o? to nform h, w to ~nfaa paymeM of ~ny daims hereunder, said MORTGAGEE shall apply to the Covrt havir.g jurisdinion thereof for the appoinnrKnt of a~teceiver, wch Court shall Forthwith ~ppoint s recciver of said mortpayed propaty all ~nd si+~pvlu, includ~ng all and singutu the inmrr~s, profits, itwes and revenves from whatev~r wurce derived, each ~nd every of which, it beinp expreuly unde?stood, a hereby mor~gaged ss if apecilieally set iorth ar~d detcribed 'a~ tM prantinp and habendwn dauses hereof, u+d wch Receiver shall Mve all the brwd ~nd effective functans and powen in anywise entrusted by ~ Cov.t to a Receiver. ~nd such appointmcnt shatl be msde by wch Caxt u sn admitted cqvity snd a maner of sbsotute right ro said MORTGAGEE, ~nd withovt nierenu ro th~ adequacy a inxleqwcy of the v~lue of the prope~ry mwty~yed or ro the soNenclr a inwhrency ot said MORTGAGOR or the defendann, snd thal svch renn, profits, income, itsues snd revenues sh~ll be spplied by such Receiver +ccordin~ to tM lien or eqvity of said MORTGAGEE and Ihe pr~ctiu of such Cou~t. • 8. To du1y, prompHy and fulh perform, d'ucharyt, execute, effect. c+omplete, complY with and ~bide by each ~nd awry tFa stipulstio~a, ~Qreeme~ts, conditans and coven+nts in uid promisiory note snd this mortQ+ge tet forth. . 9. That i~ the event the ownenhip of the mo?t9syed premises, w any p~rt thereof, becanes vested in a penon other tF~so the MORTGAGOR, th~ MORTGAGEE, its tucceuors and assigm, m+Y, witho~t no~ice to the MORTGAOR, deal with such successor or successor in interest with reference to thia mortgage ~nd the debt hereby secured in the sams maro~er as with Mortgagor witFaut io sny wsy vitistinp o~ discharging the Mortgsgors' lisbility Fkra under w upon the deb~ hereby secured. No ssk of the premises hereby matgaged and no forbear~nce on the part of the MORTGAGEE or in successors w auigiu and no extension of the Yune fw tM p~yment of the debt hereby secured piven by the MORTGAGEf or ib successors or assiyns, sMll operat~ to rekase, discharye, modify change w ~ffect the original liability of the MORTGAGOR herein, either in whole or in put. 10. It is specifically agreed that time is of the essence of this cootract snd th~t no wsiver of any obligaYan hereunder or of the obliyation ss- cvred h~reby shall at any time thereaha b~ held to be a w~iver of the t~rmt hsreof o. of the irsrrvrnent sen,red herby. H,~-ln_addition to the fwego:ng monthly payments of princ:pal and intercat required by the promissory nore secured nts and agrees to pay to moflgag~erw+t~monthly payment an addi~ion~l sum estimated by mortgagee ro of the annual cost of the follow- ;~y; A-AU real property taxes kvied or assessed against the above real estate. B-Premiums on fire and windstorm i~qurance as u~red to be c~~ried on 4K-i rovemet?b situate on the above described premises. , i C-P~emiums on such mortgage insuranoe es mortgagee shs11 from t~rrK to time deem ~ ~on the_ loan secured hereby ! Mwtgsgee s!?all fr o time ~otify rtwrtgagor in writing of the amount due and pay~ble hereu~+der and suclSZv all thereupo~ be d~e and E payable on the e of the next monthly payment and each successive mo~th thereafter ur,til mortgsgee shall notify mortgago change i~ such ~ amouM. sums shall be applied by mortgagee toward the p~yment of real p?operfy taxes, inwrance prem:~ms, snd mortgage gwran nce ums. IN WITNESS WHEREOF, the s+id MORTGAGOR has hereunto set his hand snd seal the day u~d year first wesaid. Sign~, Se~ e de ' ed m tl+e presenoe of: I - w.t.~1'n I~ . q ~ ~n STATE OF FLORIOA ~ ST. LUCIB ~ courm oF sefwe me penonally appeared G. B. NialtelS a~ Allieee walters h;, wN~, to n,e we;~ known :,d k„aw~, fo n,e to bs the individwb dewibed in ~nd who exearted tM fore9o~~y instrumsnt, and acknowledped before me that they executed the ssme for the purpo~as rn~?~~ ~a~d. a,a +t» .~~a Alliece Walters ~ wife ot rh. ..d G. B. Walters ,,~,,.t. examinatan by me taken separsM and ~part from her said husba~d, ~dcrawledged to ~nd befpe me that ahe execvted said irotrvrnent fraely and volvn~ ~ ~arily and withovl u~y compulsion, constrsint, appretwnsion, or ~r of or from her said husband. ; WITNESS my hand and official seal ih~- '}day of Zil A. D. i969 i ~ ~ ~ . Noury Publk in ~nd for ths Stat~ of Florida ~t lar~ _ Mv c~~.~, .~.u q.~ 3- ~ 9 Retvro Ta • nu~r~~i~~~, ' [ Flrst F~deral Savirgs 3 Loan llstociatan ~i~! 0~ ~Ofl~ ~~q! Of fort P~erce. : ! ~O~IIIMffiO~ ~ ~1. ~9 ~ Fwt pierce. Florida ~ _ t RE~'~~~" ~ c.~..r. a. ar~o F~a. c~ ' ILL~,lE COUNTY. ; , . - ~3'f.( ^,~ri~ `t~~~r , This Instrument Prepared By _ ' ~ J" ' ~ 1,~~~ ~ First Federal Savings b Loan Association js:. ~ 3 2 ; . 2y A~ • of Fort Pierce ' . A~R ~ ~ , ~~i•~:. Checked By John W. Collins ''~'~..,,,~~~~:L~~' i~~~y I . : ~ ~,T ~S ~ ;3Q::_. 80a!(1~ ~~~j~j~'1~if? ~~~RK CtR~Il17 COURT ~~70t) ~ , r ~ , t Y~2 ~,~"a'~wb'S'~'~.~~~~-d.r'z` _ Y x `'"--~..e~'.~~ ~