HomeMy WebLinkAbout1489 : ~ ' ~ ~ d,~
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S. To ptac~ and ca+tinuovsly ke~p on th~ buiidinps now a F»rsahK wtwt~ o~ i~id lar?d ~~d on ~II p~ipnent and p~.sorully cow?~d by thit nwrp-
wi~h all preniwns th~reon pa~d in full, fire insuranc~ i~ ~M uswl s~anda~d policy form, in a:um approwd by the MORiGAGEF, and windstwm
tnwrance in tM vswl ~tanda.d pol;cp fam, in. • surr~ approved by ~h~ MORTGAGEE, in such company o~ comp~niss aa ~h~ MORTGAGEE ~w+y
dinctt and ~11 fin aod winds~orm Inw~ancs polici~s on any ol wid buiWinp~ any i~Mr~~1 thereu+ or pa.t thereo(, io th~ ~egat~ sum afo~es+id or
In ~xce~s ~herwf, shill contain the uswl sr~ndard mort9a~ee clavs~ a such otMv claus~ a~ tM AAor~pa~ may requv~, maAin~ tF» lost undN said poli~
ciss, ~ad~ u+d every, payabl~ b said MORTGAGEE as ib interast m~y ~pp~ar, and each and evay s+rch policy thall b~ promptly ~u:yned a~d d~lrv~r~d ~o
+ny heW by said MORiGAGEE as furtha secvrity to said ma~ya~ debt, ~nd, inot less tf,an ~e~ (10) days in adva~ce of the expirarion of each policy, ro dF
I~wr to said MORIGAGEE a~enewal tMrwf, toQether with a recetp~ fo~ 1!?e pnmi~m of such renewal~ and thsre shsll be ~o f'ue or winds~am ie~w~~~ce
plac~d on any of said buiWtngs. ~ny interest t1+Ne~n or put thercof, ~nleu in the form and with ti?~ toss payable as afaesaid: ~nd in the ~wnt any tun+
of nweKy becomes payaWe u~de~ suth pol~q or polic'as said MORTGAGFE shall Maw the option to ~eteive and apply ths sama on acco~nt of tM ind~bted~
neu ~etv?~d Fterlby W/0 permit said MpRTGAGOR$ to nceiw u~d uf~ it Or any part thereo4 for other purposes, wilhout thrreb~ waivi~~g ot unpair-
irq. ~?y puiry. 1'~e? w right undcr o~ by virtvs of this moslqaqe; and i~ tM event said MORTGAGORS shall for any reason Fai) to keep ths said p~mises ~p
inswed, or faF! fo dsJive~ p~omptly any of s~id polities of iniur~nce to said MORTGAGEE, w fail p~omptly to pay fulty any premium therefor w in any
re~p~ct fail ro paiwm, dixhuge, execut~, ~fiact, complets, comply wirh and abide by this cownant, or ~ny pan hasof, said MORTGAGEE may piau ~nd
pay fa svch imwance or ~ny part thereof w~rhout waivinp w afiectirp any option, 1»n, eq~ity, w right undsa or by virtw of ~his Mortyap~, ~nd ~In
fvll ~movM of tach ~nd tv~ry svch paymeM sMll b~ imrt?ediately dw ~nd payabk and :~II bear intcrest f~om ths date tlureof vntil paid at 1M rah oi
n~ne per cenWm p~r annum and to~etf+er with such intere~/ thal{ be stcurtd by the lie~ of this mortyage.
1. To psrmit, canmit or suffa no wuts, &npairmenr w deterioratio~ of saJd property or any paat the~eof.
S. To p~y ili ~i?d sinqvtar the costs, tAi/~y i~ f~tptnfCt, including a?easonable attorney's fae and costs of abstracts of titl~, incu~.ed or paid at
any time by said MORTGAGfE, because or in ~tie ev~nf of ~he failurc on the part of ~he said MORTGAGOR to duly, p~omptly and f~lly perfwm, diu1~R
execut~, ~ffect, complets, comply wnh and ~b~de by each and every the stiputations, agreemmK, conditiwu and tovena~ts of said promissory note sr+d thw
mwtQaQe ~ny or si~her, and ia~d costs, cM~ges ar?d eapenses, each and every, shstl be immed;ately dve and payable; wlxther w not ~here bs notice ds
mand, attempt to collect o~ wit pend~ng; ~nd tM full amouM of each and rvesy wch paymem shall bear interest from the date thereof vntii p~Id at tM
rate oi nine pe~ centum per an,ium; and all said tostt, chaages and expeaxs inwrred ot paid, together with auth ioterest, shall be setured by tM lien of this
mo+t9~e-
6. That (a) in the eve~t of ~ny breatb of this Mortgsye or defwlt on the par: .,i the MORTGAGOR, w(b) in the eve~t sny of said sums of money
herein referred Io be nof promprty and fulty paid within thirty (30) days next after the sarrte s~~)e.auy becomo due and payable, without demand w ratitt,
or in the eveM e~ch and every the stipulstioeq, agreements, cond~tions and covenants of sa~d promiuay note and this mortpa~e a~y w either ~re rwl
iuly, promptly u+d fully perfwmed, diuh~rged, executad, effec~ed, completed, complied with and abided 'sy, then in eirir_r d a~y s~ch ewnt tM said ap~
gregst~ wm mtntioned ;n said promissory nore then remaining unpaid. neith interest accrued. and a11 moneys secu~ed hereby. ahall becwne dw ~nd p~p
eble fwthwith, a thcrea4te?, at the option of said MORTGAGEE, as fully and completely as if all of fhe said tums oi money were aigir+ally sl;put~fed
to be paid on s~ch day, anything in said pramiuory note o~ in thia Matgage to the conJrary notwithstanding; and thetevpon or thereafter ~f the option of
said MORTGAGEE, wilhout notice w demand, suit at law ot in equity, thcrefwe or thereaiter begun, may be prosecutet) at if all rnw?eys s~cvred hereby
had marv.ed pr~w ro in insriwtion.
7. TF~at in the event that at the beginn~ng of or at any time pending any wit vpon thi~ Mo?tgage, a to faeclose It, or fo refdm it, w to enforos
payment of any claims hereunder, said MORTGAGEE shall apply to the Court hsviog jurisdiction thereof for 1he appointment of • Receiver, wch Coun shall
fwthwith appoint s receiver of said mortgagcd proo~rty all and singula~, includ~ng all and singula~ tF~e i~ome, p~otits, iswei and revenues from whatever
wurce dereved, each and every of whKh, it being expreuly understood, ia hereb~ mortgaged ss if specifically set fwth and described in the 9renlinp and
habendum clavses hereof, and such Receiver shall have all the boad and efieceive funct~ons and powers in anywise ent~usted by a Cou~t fo a Receiver, and
such appoirrfnxnt shatf be made by such Court as an admitted equity a.~d a malter ot absolvte rigAf to said MpRTGAGEE, and witho~rt reference fo the
adequacy w inadequacy of the value of the property mortgaged or to the solvency p insolvenSy of ssid MpRTGAGQR or the defendants, and that such
reros, profits, incane, iuves and revenues shall be applied by iuth Receiver accwding to the I~en or equity of said MORTGA6Ef and the ptsctica oF suth
Court. . .
B. To duty, promptly and fully pe~fwm, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, egreements,
conditpro and cove~ants in sa~d promissory note and this mortgage xt Iath.
9. That in the event the ownership of the mortgaged premises, or any part tF~'teof, becomes vested in a person othK than ihe MORTGAGOR, fha
MORTGAGFF, iri successo?s and auigns, may, without notice to the MORTGAOR, deal with such succeuw w wccessor in interest with reference to this
mwtg~ge and the debt hereby secured in the same mane~r as with Nbrtgagw without in sny way vitiatirg o? distharging the Mortgagors' liabiliy here-
under w upor? the dabt hereby secu~ed_ No sala of the Fremcses hereby mortgaged and rw forbearance on 1he part of the MORiGAGEE Or its successors
or assgro and ~o eatens~on of the time for the payment of the debt hereby secured ' iven by t!?e MORTGAGEE w its svtcesiors or assigns, shall operete
to release, dixharge, modify change or affect the or'ginal tia6ility of tF~e MORIGA~R herein, eifher in wlwk or in part.
10. It is specificaity agreed lhat time is of the essente of this co~tract ared that no waiver o! any obligation hereunder or of the obligation se-
cured hereby shall at any time thereafter be held fo be a waiver of the terms hereof p of ihe instrument secured herby.
11. In add+tio~ to the foa~go:ng moMhly paymaMS oi princ'pal and interest required by the promissory note~ secured hereby, mortgagor covenants
and agrees to pay to m.o:tgagee with each montMy payrnent an add~~ional sum estimated by mortgagee to be equat to 1/12 of the annual cost of the follow-
ing:
A-All real property taxes levied w assessed against the above dexribed real estate.
6-Premiums on i~-e and windstorm insurance as herein requ~red ta be tarried on the improveme~ts sit~ate on the above desuibed ptemises,
C-Premiums on such mortgage guaranty insurance as mortgagee shall irom time to time deem fit to carry on the loan sec~red hereby.
Mortgagee shall from time to time notify mortgagor in writ;rg of the amount due and payable hereunder and suth sum shatl thereupon be due and
Fayable on tAe dve date of the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of a thange i~ wth
amount. $~ch sums sF.ail be apptied by mortgagee toward the payment of real property taxes, insurante prem:ums, and mortgagg guaranty insurance
premiums. '
IN WITNESS WHfREOF. the said MORT GOR has hereunto set his hand and seal the day`~'"(/ r firsf aforesaid.
Sqne akd end elivere in resence of: w~' v
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Ita~
STATE OF FIORIDA ~ ~
couNn oF St. Lucie
defae me p~rsonally sppeared _ W L 161a W eeICS ~
~.'~1iYlOtt@ W66~C3 ha wife, to me we(1 known and Rnown to me to b~
rhe ind;viduab described in t~d w1w eaecuted tF~e f w e
Q o i n
y i n
s t r u m~ n t, a n d a c k n o
w l e d
g e d b e f o r
e m e t M t t h ey execut e d t h e same for t h e purposes
rhe.e;n exp.sssed. a~d rhe ss~d ~hs=lotte Weeks
w~fe of tFk ssid W i~ i eld Weeka vpon ~~~ati ~d piv~te
e~amin~tion by ms taken separate snd apart from her said husband, adcrwwlsdged to and befwe me that she executed said iqtrur~qt ~r~lr ar(1/ vol~n.
rarity and withovt any compubion, coruiraint, apprei+ension~,~or fear of o? fmm F~er aaid husbar~d. ~ ~
y .
WJTNESS my Mnd ~nd oificisl seal thi ~ da oi May v~,.•.•••. 69
A. D.'i9=
FI~p AN : ~ : . • - .
ST, lUC1E CO EC~BG ~i ~ ~
~F ~ C R UNTY. F~A. Notary Publ~c in ~nd fw the Stat~ af • Flo~j~a i}h,~r~~ '
Return To: r VER~F~EO My Commiu'an ~xpires: - ` =
~•~"•I : r
~ ' -
Firu Paderat Sav' ~cn l~84~o sOTAiY PYSUC, iTATE OF flORl~ ~t . '
a ~,~~ar~, MY COMMlSSfON EXPIQF ; • `
Ol Fwt P:erce. 0i7 p~Y ~ 9 S oK. ~ - ~
Fwt Vierce, Florida pp ~~~EO 1MRp{pN RR[D W. OIE STE_LNq~)!Tl k
~OG£R~°c.~,d6
This Instrument Prepared By ~~ERK CIRCUfT COURT
First Federal Savings b loan Association I
" oi Fort Pierce
,
Checked By R. Kave s
~~~177 ~2487 ~
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