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HomeMy WebLinkAbout1023 , . . . • a To plao~ and contl~uously kNp on tM buiidlnps now ar 1+K~aha sitv~t~ on said land and o~ ~II equipm~et s~+d pasonally covK~d by th(a ma1¢ with all premi~ms 1he~son paid i~ full. fa~ inswanc~ in 1i?~ vswl s~and~rd pot~cy form. in • sum appowd by 1M MORiGAGEE, and wi~dttorm inturancr In th~ uswl u,ndard poGcy fam, in a sum app~oved by tM MORTGAGEE. in wch company or companies a th~ N10RTGAGEE m+y du~cq and ~II fin and windstorm inwrae+a~ policies on amr Of f01d IiWidif~f. ifly Illfftbt fMtfG1 O~ pNl II10~lOf, fn tM apqre~~f~ wm daaaid a fn uccas the?eof, sMll contain tM uswl s~andard mor}Qay~ clavs~ or such wha claus~ ~s ~M Ma~yaQ~t ~n+y rpuir~, m~kinp ~t+~ loss wda said poli~ cias, each and ~vKy, payaWe ro s+id AhORTGl1GEE as ib interes~ rtwy ap~»K, and each and ~very tvch policy thall be promptly au:yned and dttfvtred 10 +ny Mld by Hid MORTGAGEE ~s fu~ttwr sec~riry to aid mor~yaye debl, and, nof less than ta~ (10) days 1n advant~ of th~ expiraYan ol t+ch polity. to da !~w? to ~aid MORTGAGEE s renrw+l ttwsaf, 1op~~hu witA a receipt fw ths premiwn of such renewal; and the« shall bs no f~n w wi~twm inswanu plaud on ~ny of ssid buildinps, any in~e~at therein or put theroof, ~nleu in the fam a~d wi~h ths loss payabl~ a~ ~foressidi and irt th~ ew+N any swn of mon~y becpnts payabl~ undK such polky or polic»s said MORTGAGEE thall F?~w tha opta~ 1o receive ar+d ~pply tl+s samt ao ~ttwm of tM ind~bted- neas secvr~d Mreby o? ro permit ~a~d MORTC'sAGORS ro reaeiw and ~se it or a~y part fhereof fw oshe~ p~rposes, wi~hout ~hxeb~ waivi~~ c~ unpair- irq ~ny p~ity, lie~ w ~i~h1 unda or by virhre of this morspa~~; and in tM ~vanr sa~d MORTGAGORS shsll lw any rsasoo fsil to ke~p tF~e said pr~misss so inwred, a fai) b delive~ promptly ~ny of ssid policief of insuranc~ to s~id MORTGAGEE, w fail promptly ro pay futly a~y premium therefar a ie any r~spKy fail b pKtwm, discM~9e, exacut~, ~H~cf, complau, comply wUh ~nd abid~ by this covenu?t, a any pan haaof, said MpRTGAGFF en~y place ~nd pay fa wch inwranc~ or any part thereof without wdvinQ w affectinp ~?y opriory lien, eqvity, w ~pht w+der w by virtw o1 ~his Morpa~, ~nd tM full ~~t of esch and every such payment sMll b~ immediately dw and pay~bk, uid shall bea? i~terest from ths dat~ thareof u~til paid at th~ rat~ of nine pK centum pK ~nnum and togNher with s~ch interest shall ba stcurcd by fhs lien of lAis matpaQe. I. To permit, commit or suf(er ~o wua, impairment or dNeriwation of said properry a any psrf tl~ereof. ~ S. To p~y ~11 u+d singulu ths coab, charpes snd ~xpense~„ includirg a reasonable attorney i fee and costs of abstrects of titl~, inc~ned o? paid at any time by siid JMORiGAGfE, because w in the ~v~e?t of tM failuro oe ths part of the said MORTGAGOR to duly, E?romprly ard fulty psrio?m. dischar9~; executs, eff~ci, compkt~. comply w~th and ~b~de by e~ch and avery the stipulations, ag~eanents, conditian, and oove~ants of said promissory note and this mortpap~ ~ny w ei~ha, and sa~d costs, chuges and expertses, e~ch and every, sh~ll be inwnediately dw and payable; whether or not thar~ be notioe ds~ mand, anert~pt to colktl or suit pend~ng= and tM f~ll a~nount of tad~ and every such payrtKm shsli bea. in~erest fran the dare the?eof unfil p~id at ~M rate of nine per terttum pe~ aiuwm; and all said tosts, charges ~rd expenxs incvrted o? paid, together with wth inttrest, shall b~ setuted by tM lieo of this '^ort~pe• d. ?h~t (s) in the went of any breach of this 1Nortgaye or default on the part of the MORTGAGpR, or (b) in tl~s event ~ny o( satd wm~ of mary herein referred to be not promptty a~d fuNy paid within thirty (30) days next after the same savcrally become dus and payabk. withoW dsrn~nd or notite, or in the event each ~nd every the stipulatioro agr~emenn, condiirons and cove~snts of sa~d promiuory ~oto and th~~ mortya~e any a eittxr an no1 iuly. promptly and f~lly performed, discharged. e,cecuted. ~ifeded, comptered. complied with a~d abided by, thsn in either w any such wem 1Fr aaid a~ gregsM wm mentioned io ~aid promissory note then temaininp unpaid. with inttrest atuved. and all moneys secured htteby. sh~l) becvrt~e due a~d pay~ able fwthwith, Of fF1lfNIfN, at ths oprion of said MORTGAGEE, as fully and completety as ii stl of the said wm: of ma~ey were orgin~lly at7p~lated to be patd on such day, a~ythirg in said F•^~isso~y note w in this Mortgage to the contrary notwithstanding; and therevpon or there~fta at th~ optan of uid MORTGAGEE, without norica a demand, suit at Iaw or in eq~ity, thcrefore a t1?creaiter begun, may be prosecufed ss if all ma~eys Meur~d hertby had matwed pnw to iri institution. ' 7. That in the eve~t that at rhe beginnirg of or at any time pending sny suit upon this Mortgsg~, or to fwedos~ it, or 1o refam it, o? to enfora payment of ~ny ctaims hereunder, taid MORTGAGEE sMll apply to the Cov?t having jurisd'+dion thereof for tl~e appointmen; of a Receiver, wth Court shall Fo~thwith ~ppoint s receiver of said mwt9aged property stl and si~gular, includ~ng alt and singvlar the income pofits. issues and revenues from wMt~vN sou?ce derived, each a~ every of whKh, it beinp expressly u~derstood, is hereby mwtgaged as if specifically set forth a~d dewibed in the pr~ntirg and habendum ctavses hereof, snd such Receiver shall have all the 6road and effeaive funct~ons and powen in aoywise ea~trusted by ~ Court ro• Receiver, and wch sppointment shall be marle by such Cowt as sn admitted equity and s matter of absolutR riyht to said MORTGAGEE, a+d without teference ro tM adequscy p insdcquaq of the va~ue of the properry mortgaged w to the wlvency or insolvency of said MORTGAGOR o~ the defendants, and ~hat wch renrs, profiri, intome. issues and revenues shalt be appiied by such Receivrr xcording to the lien or equity of said N10RiGACaEE snd the practice of such CouA. 8. To duty, promptly and fully perform, dlschuge, execute, effect, eomplete, comply with snd abide 6y each and every the stipulationa„ ~greements, conditans and covenants in sa~d promissory note arxf th~s mortgage set forth. 9. That in the event the ownenhip of the mortga9ed p~em;ses, w anyr pa~t thersof, becomes vssted in a penon other th~n fhe MORTGAGOR, tl+~ MORTGAGEE, its succeuws and assigns, msy, without notice to '.a MORTGAOR, deal with such wcteuor w successor in interest with reterence b this mwtyage and the debt hereby secured in the ssme manner ~s with Mortgsga without in any way vitiating or discharging the Mortysgors' Iiablity here~ under or ~pon the debt l~ereby secured. No ss)e of the premises hereby mw~g~ged and no forbearance on Ihe p~rt oi the MORTGAGEE or its waesson or ass'gro snd no ex~ens~on of the time fw the payment of the debt hereby sccured given by the MORTGAGEf w ib successors or assiyrn, shall opsraN ro rolease, dittharge, modify tharge or aifect the wiginal tiability of the MORTGAGOQ he~ein, either in wl?ole or in part. 10. It is spedfically agreed that time u of tAe euence of th~s contrsct ~nd that no waiver of any obligatwn hereunder a of the obl'gatan se- cvred hereby shall at any tune thereafter be held to be s waiver of the terms hereof w of the instrumeM secured herby. 1 In add:r~on to the forego'ng momhly payments of pri~rc:pal and interest required by the ptom'asory nore secured hereby, morfgagor covensnh and agrees to ach monlhly payment an a~riona! sum estemated by mortgagee fo be eqval to 1~12 of the annua) tost - ing: A-All real property taxes levied w assessed against the a r . B-Prem~ums on fire and windstorm insurance as herein r carri rovements sitvate on the above destribed premises. C-Premiums on such mongage guaranty ins s mortgagee shall from f?me ro teme deem ~ on the loan setured hereby, IMortgsgee sha!I from rime to ' ~ y mwtgagor in writing of the amount due and payable hereunder and su shall ti~ereu pon be due and payable on the due dat next monthly payment and exh s~ccessive month thereafter until mortgagee shall notify mortga change in suth amount. s.aii be applied by mortgagee toward the payment of rea) property taxes, inwrarxe {xem:vms, and mortgage gwr~n IN WITNE55 WHEREOF. the said MORTGAGOR has hereuMO set his hand snd seal aj~e day ~nd year first aforesaid. •~d, sea~ f~ a~ of: FILEO AN~ RECORDED ~ gT, l.UC1E COUNTY• FLA. ~ R~:CO ~ y ~ vsj~ ~ ~ N ~ • ~ r~n '69 MAY 12 • STATE Of fLOR1~A ~ COUNTY OF St. LtiC~@ ~ 6efore me per~onally appeared Harsy Zeig Ea ~ iTRas Flo~sie Zeialer GLER the individwb described in and wia executed the for instrument, and atknowl ~.wife, to me we!! known and knawn to me fo bs eyoiny ed~ed before me that they executed the sartK fp the qxposes thereio acpressed. And ths sa:d Fl~ss~e Zeialer wife ~ ~.~a _ Harry Zeialer . ~~r. ~ exsmi~ation br me take~ aeparate and apsrt from her pid husband, sdcrawiedged ro and before me that :he executed ~a+d inttrurr~ertt ftetly ard rolw~- ?a~ily ~nd witlw~t sny compulsion, constnint, sppreh~+?s~ or feu of w from her said husb~nd. WITNESS my hsnd and official ~eal this d,r of Ma ~ D. 19 69 • Notary Publ' and fa the ate of Fbrida at Larp~ Return To: . MY ~zpires: ~ ~ / ~ Fint F~der~l Saving~ a Loan /lttociation :,;~~:1i111~~~~ ` ~iry ~f S~ O~ E{Ofl~i i~ fOrt Pierte. '1 ~ J1 11Ay Coe~e~s;oA E~ira Aoq, 6~ ~7~ F,wt Pierce. Flwida ~~,f'' M~I M a~fll~ EIIt~ ; ~ • ~ + ~ : s~urc ~ _ ~ : ~.i ~•'~-~Q~.='"4k Cf . ~ ; This Instrument Prepared By f;~`~p ~C? = First Federal Sav+r~gs b loan Association ;s',':~~ ~ J : n= ' of Fort Pierce ''.,~p `r~~:' :Q ~ ~ Q`~ ` V R ch~k~d s,? J. coiii~ w~,~ BoOK PacE1a~ . . ' cf . r ~ . ~a ~ _ - - - -