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HomeMy WebLinkAbout0542 r _ , • S. To plaa and conHnuanly ke~p on th~ build'w+q~ now w Mr~aftK ~itva» o~ s+id land ~nd on all ~quiprnnt and pK~a~+lly covK~d by this nw?q' p~, with ~II pnrt+iwm thereon paid in full. fih inw~u~a in th~ uswl standard policy form~, in ~ sum approvad by ~M MORTGAGEE. ~~d wir~torrt~ i~sw~ ie tM uswl ~und~rd po~~cy fan~. in ~ wn+ +pprwvd by th~ MORTGAGEE, in wch comp+nY or ca^P+^~s +s tM MORTG/?GEE m+y dlnc~t snd all fM~ and wind~wrm i~sw+r~ polkia on My Of NW blildinOf, My Int0~~3t tMttitl OI p~~1 tlfKWf, in tl» ap~.epaa ~wn ~fons+id a in ~xass ~lKnof, ~MII contain tlw uswl ~tandud mort~+yM d+vs~ or such wha d+uw u tM Mo~tpapN "'ay ~pv'u~, makinp tM bas said po14 cia. sach ~+d wery. WYabR to ssid MORTGAGEE ss ia inter~st nwy apps~~. and each and •v..r ~uch poi~cy aMU b. ~xomp~i~ ass:pn~d ~od d~tivered to ~ny MW by s~id MORTGAGEE a fwtha security to s+W morty~ d~bt, and. not bs~ tl»n ten (10) days in advanc~ of tM ~xpiration of ~ach polity. to dt- IivN to ~aid MORTGAGEE ~ rMewal therwf, topul~ with • ~eceipt fa tM pnmiwn of wch renewal; and ther~ shall b~ no fir~ a winditam insuranc~ plawd on any of s~id buildiny~. u~y intaest thK~in w part thereof, uniess in tM form a~d with tM bst paysbl~ as ~faesatdt u~d in th~ evM1 ~ny wen of monty becan~s pay+bl~ und~? s~d+ PoIM? « Pdicie+ ~+id MORTGAGEE aMll h~w tM option to receive and ~ppiy the ~ on +cca+nt of tM ind~btsd~ ness secured Fwebp w fo petmit said MORTGAGORS 1o nte~v~ ~nd W~ it Or ~ny parl thereof iw other purpotes, without thereb~ waivin~ or unpiir- ;ny ~nY pu;ry. Ii~n o~ r'gh1 ~nder a by virtw of this rtartp+p~t ud in tM ~w++t s+id MORTGAGORS shall for any resson fail ro keep ~h. aid p?.m~ses w kuured, w f~il b d~llwr promptty +rq? of s+id policies of inwrano~ to s+id MORtGAGEE, o~ fsil promptly to pay fully any premium therofor or in anr r~spett f~il 1o pafornl, diuMrpe, e:ecut~, ~ff~ct, compl~ro, camply with +nd abid~ bY this oa:"aant, w+ey P+n hsrwf, wid MORiGAGEE m+y pl+n and paY to~ WCA b1W~YK~ pf My pit~ fI1HpF without waivirg w affectinp aMr optan, li~n, eqwb. a ~ight vnder or by virtw of this Mortya~. and ti+~ full smo~nt of ~ach and wery wch paYma+t sh+ll b~ immediat~y dw snd py~b1~ u+d shalt bear i~terest from tM d~t~ tl+eraof ~sntil paid ~t tht ~ate ol n;ne pK oMh?m p~r anrwm and togethe~ wirh such interest sl~Il b~ secured by tM liee of this mortya~e. 4. To pKmit, aommit or wff~r oo w+st~. In+paim+ent or deteriontion of ssid proputy or ~+y psN tMreof. S. To p~y ~II u~d sie~pulx ths cos». cAarpa and ~Xpa?~e~, inclvd'uy a reason~ble ~ttor^~Y~s fee snd cosb of ~bstr~cts of titl~, i~cv?red or p~id a~ any time by wid MORTGAGEE, b~cause or in the w~nt of tM failwe on the put of the said 1NORTGAGOR to duly, prornpHy snd fvllY perforrr4 d~scM~ executs. efiecl. oompbte, comply with and ibtde by each and every the itipulation~„ ~green+ents, conditrons, and covenaNS of said promiuory noq ~nd thq monyap~ any u atha. a~?d said costs, char9ss and ~xpemes. e+d~ +~d wery, shall b~ immedistety due ud psyable: whefher a not the.t b~ notiu dr msnd, anempt to collect w wit p~ndirg; u~d tM fvll amount of each and every s~ch payment iF++ll bear interest from 1M dat~ thereof until p~id N the rate of nins per centum per uuwm; and all said cott:, chupes and expa+ses i~turrod or Wid, ropNfier with such interest, shall bs s~tvred by tM lan of tlw mort~~. 6. 1'hat in ths ewnt of any breach of this Mortyspe or dehult on tM part of the MORTGAGOR, or (b? in the event ~ny of ~atd wms of R~o~sy herein referred to bs not promptly snd fully p+id within thirty (30) days next after 1he saine severally become due and pay+ble. wi~hovl demand or notit~, or W in the ewM each snd evuy the stip~rlations, agreamsMS, conditans and covenana of sa~d promissory note and th~s mortpa9~ arry w either u~ oot ~uly, promptly a~d fully pafoemed, disclurged, execvted, effected, completed, complied with ~nd abided ~iy. th~n in either o~ ~ny such ~veM 1!s~ said a¢ gregat~ wm mentia~ed fn said promissory oore then remsininp unpaid. with interest acuued, and all mw~eys setured herebY. shall betome dw and pay~ sble forthwitlw, or theresfter, ~t ths option of said MORTGAGEE, as fully ~nd completely as if ~II of the said sums of money were wi~inally u~pul~ted to be paid on wdi day, anythiny i~ said praniuwy note or in this Mortgaye to the conu~ry wwithstsnding; and thereupon or there~fter a+ tF+e op~ion of said INORTGAGEE. without notic~ or demand, wit at law or in squity, thersfore or thereaher be9w+, mar b~ prosec~ted as if all morays secured hereby had m.iwed prar to ~n in•Nr~rion. ` Y ! 7. TMt in the event that at th~ beginnirg of o? at any time pending sny wit vpon this Mortgspe, or to fweclose it, or to rofwm it, or to enfwc~ j psyment of any clsims here~nder, said MORTGAGEE shall spply to the Court having jwisdrction thereof fo~ the appantment of a Receive~, such Court shall Forthwith appoint • receiver of ssid mortyayed property +11 and sinpular, incl~rdu~p all and singulu the income, profits, iswes and revenves from what~ver soures datived, exh +nd every of which, it beirg txpreuly ~nderstood, is hereby mwtgaged u~i specifically sst fath u~d described i~ the 9rantinp and habendwn clauses hereof, snd s~d+ Receiver sh+ll Mve +tl ttK brwd ~nd effective funcnan and powers in anywise entrwted by a Coun to a Receiver, +nd •~ch appointmeM shall be mads by wch Cowt +s an ~dmined eqvity and a maner of absolute r'gh1 to said MORTGAGEE, and without reference ro ths edequacy a inaJequaq of the wlue of the property mortpaged or to the sotvency a insolvency of said N10RTGAGOR or the defendann, ~nd that such rents, profits, income, issues +nd rovenues shall b~ applied by such Raceiver acoordinp to the_lien w equity of said MORTGAGEE and the prsdice of such Court. . . 8. To duly, promptly and fully pe~orm, d'ncharge, e~cecute, effect, comptete, comply with and ~bide by each and every tfie stipulatia», agreements, conditions and covenants in said promissory note snd ~his mortgsge set forth. ' - 9. That in the evem the ownership of ths mort9a9ed prem]ses. w any part thereof, becomes vested in • penon other than the MORTGAGOR, ths MORTGAGEE, its succeuon aod suigru, may, without notice to the MORTGAOR, deal with such sutcessot or sutcessor in interest with reference to thia mortgage ud the debt hereby secured 'en the tame man~er ss with Mortgagw without in ~ny way vitiatiny p discharging the Mortyagors' li~bility he?t under w opon the debt hereby secured. No s~k of the premises hereby mortgaged and no forbearerxe on the part of the MORTGAGEE a in successon ; or auig~u snd no extension of the time for the payment of the debt hereby sec~red 9iven by the MORTGAGEE or its successors or assig~s, shall optrate i ro release, dixharye, modify change or affett the original IiabiGty of the AhORTGAGOR herein, either in whole w in psrt. i 10. It is specifically agreed that time is of the essence of this contr+d and that ra waiver of ~ny obligation heteunder w of tM obliQation ta- j cured hereby shall st any time thereafier bt held to be ~ waiver of the terrt?s hereof a of the instr~ment secured herby. ; i to the forego:ng mw~thly psyments of princ:pal and interest required by the p~omissory note secured he and agrees to pay to mor each monthly psyment an additional sum esfimated by mortgsgee to be o the an.~ual cost of the follow- } ing: s , A-All real property taxes kvied or assessed against t estate. - ' B-Premiums on fire and wirulstorm insurance as her ' ~r to be carr improvemenh situate on the above desvibed premises. 'I C-Premiums on such mortgage gwra ~ance as mortgagee shsll from time to time ' o csrry oe~ the (osn secured hereby. ~ Mortgagee shall fram t" cme ratify mortgagor i~ writing of the amouM dve and paysble hereunder wm shall thereupon be d~e and ; payable on the d o the next monthly paymeM a~d exh svccessive month thereafter until mortgagee shall notify mo of a change i~ such ~ amount. wns shall be applied by mortgagee towsrd the payment of real property ,tsxes, inwrance prem:ums, and mwtgape g '~uurance ~ ~ [ ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day snd yesr finf ~fwesaid. Siyn . S ~led a deli ed in the presence of: I ~ ~ . n ~ n - ~ STATE OF FLORIDA ~ ~ ~ Lucie ~ coun~n oF S t• S ~ eef«• iy , ~..a A r ie J. K romho ut ,~,d ~ arol J~:eKromhout ha wife, to me well krawn snd known to me to b~ the individwb desuibed in and w!w ex~cuted the forpoi~g irotrume~t, and acknowiedped b~fore me that they exscuted tl+e sarr+e fw the purposes there&~ exprsued. ~,d rh. Carol J. Kromhout ~ Arie J. Kromhout wife of tM said ~pon • separafe ~nd piv~t~ 4 examinsPwn by me taken sepante and apart from her said husbar+d, aduwwledged to and befwe me that she executed said instrume~t freely and volun~ ~ rarily and w~thaA aMr oompulsioo, corntrain?, apprshK+san or feu of a from her ssid husband. ~ WRNE55 mr Mnd and official atal tFin ~~r day of A. D. 19~ ~ ~ry Public i~ u~. for th~ St~ts of Fbrida at L~rp~ ~ , . > '~~~rr My Commission txpirps Retum Ta f~;< S11~t 0~ ~OIJi i1 firat f~ral Savirgs i loan /?ssotiation i , ~ ~ , ~ M~r ~~siM E~ira Se~l. 23 1969 ~ Of Fort P~erca . • ~ 'z~ , . , : Fwt Pierce. Florida 1• b roiw~ns Fw a Ct,~ " ~ : • . ` ~ FIIEp AN COUN;Y~ l.A. ~ ~ _ • : - ~ - S7'G ~~n~ ~ VEF31FtE0 ~ P ~ This Instrumens Prepared By ~ i~;~~5 ~ First_ Federol Savings b loan Associatwh . ~ • Q of Fort Pierce . • ~69 ~t{~!~ ~ 6 ~Q ~ c. • . . i Checked By T. Driscoll ~ ~ BOOK1 /0 PAGf 541 ~LERK G RGUtT COURT ~ ~ I c f ~ ~ . ` _ - - ~ 4. ' ~ f -'+Y%d _ ~ ~ ~ _r'~ ~.-?~Cru~ .~Y" . _"X: v . ~ . ~ .~-s~-..~ _r~' ~Jn~$U`~