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HomeMy WebLinkAbout0645 . i I . ~ ' ~ 1 l To pl~a and continuo~sh? kHP on tM butldinps now a I+Keaha ~ttvaN o~ aW land and on ~II puipn~nt and pason+lly cowr~d b~r this nwrfp~ ap~„ wtth all pr~mivms ~herea~ pa~d in fvll, fin iow~anc~ in th~ uwal i~u+dard policy form. M? ~ swn approwd by ~h~ MORTGAGEE. ~nd windstorm insw~e h th~ ~nwl itsod~rd policy fam, in ~ wA~ ~pprowd by th~ MOitTGJ1GEE, in wcl+ ooeni»^Y or cc+npsni~s a tM MORTGAGEE may dincrt M+d all iin and wkKbarm iosw~nn polkia a? +ey of uid bvild~npf, My int~nst tMr~h or put tMnof, in tM apprepa~~ ~wn afons~id or in ~xcKS /hehof, sMll ca+uin tM uswl ~tudud nwr~ya~... dwse o? ~+d+ ot1~ dawe a tM /No~~pay.. mar ~.qv'a.. m+l~u+p ~M ~u w~d.. said pol} cip, ~ach and ~wry. p+Yabl~ b s+id MORTGAGfE a its intKest m~y app~ar. and each +ed ~vaY sucl+ Policy shall b~ prompfly sss:9nsd and d~liver~d ro •ny Mld by said MORiGAGEE as fwth~ s~axity to wid matyap~ d~W. +nd, no~ Mss than tN+ l10) d+ri in ~dvana of th~ ~xpfr~tion of ~ach policy. to dr tiwr ro said MORiGAGEE ~ re~ewa) tlwtwf. top~th~t with a nctipt fa tM premiwn o~ tuch renewalj ~+d thrn shali b~ no fire a windt~am inwranc~ pl~pd on ar~y of aid buildinps. any intaat t1+K~in or part therwf. wil~u in tM form ~nd with th~ tois p~yabi~ as afwe~sid: w+d in the ~wnt am swn of moMy becan~s p+Y+b1~ u^d~r wd~ Pelky or polici~a said MORTGAGEE shail Mw tM optan to receiw +nd apply ths same on +ccount of the i,+d~bted~ ness secv~ed her~by w b p~rmH s+id MORTCAGORS to ?se~iv~ +nd uk it or s^y P+?t thereof fa othcr purposes. wi~hout thrreb~ waivinp w~mpa~r- iny anY puity. lia? a riyht w+dN or by virtv~ of fhis mortpy~s +~+d in d~ ~va+t sa+d MORTGAGORS shall fa u~y rtason fail M kwp the s~id pnmisea so i~surad. a fail b dtlivsr prompliy ~ny of s~id policies of iaswu~o~ ro ~aid MORTGAGEE, o+ isil promptly 1o paY fvily ~ny prMnium therefor a in any respect f~il b pafam. dischary~. ~xecut~. ~ffM, oomPl~t~. oomplY wieh ~nd abids by this cownanl, or any put he?eof. ssid MORTGAGEE may pl~ee u+d paY fa such ynwana or any part thwreof. without waivinp or afhctbg any optwn, li~n, p~ity, w rqh~ unde? a by virtw of this Mort~pe. aed tM full amowN of ~ach and ~wry wch paym~nl s~++~~ b~ imrnedi+ulY dw ~^d WY+bI~ +"d sF~+~~ !eu intaest f~om tM d~t~ thereof uotil paid at the rati ol nins per osetvm pa ~nrwm and to~ether with suth intKes~ s}~II bs aecurod by tM IiM of lhis mwfppe. I. To pwmit, oom~nit or wffK ~o wub. MnP+km~^t ar dNeiar~tion of ~aid property a any part tMreof. S. To p~y all snd shgular ths costs, cMrpe~ +nd ~xPN?ses. hcludj^D s nas°^+bk +»o'^ey's fes uid aosts of sbs~sctt of titk. tncurr~d or p+W at any twne by said MORTGAGEE, b~cavse w in the went of tl+~ fsiluro on tt+e put of tM said MORTGAGOR w duh?. p~ai+Pty and fully pertorm, dixhuq~ exacut~. ~ffM. oompl~t~, comply with ar+d abid~ by ~ad+ +~+d every tlk st~pulatioro, ~ra~mcnts, eonditions, ar:d coven+nts of s~id promissory note ~nd this mon~e ~ny or eithsr. and said costs. ch+ryes +~+d expe+ats. tKh +~d ~w~Y, sh+ll b~ immediately due snd pay+bl~: whether a oot then be norioe dr mand, ettempt to aotkd or wit pendingj snd tM fvll ~nt of ~ad~ and eve+y svch p~yment sl++lt be~. intereil from the dat~ thereof w+til p~k! ~t the rate of nine Qer cwNwn per arowm; and all said cost~, chu~es ~nd expee?ses inwrred a psid, toptthsr with wch inter~t, s!?all b~ aecwed bIr 11» litn of thw 6. TMt in tM ev~nt of any b~ach of this Morty~e w defs~lt on th~ pan of tM MORTGAGOR, w(b) tn tl+~ eva++t ~ny of s~~d sums of mawy herei~ rsf~rc~d to be not promptly and fvlly paid within thirty (30) daya next after the same sewratly becane dw and payable, withow da+nand w notio~, or (cJ in tM event each and every the stipvlstio~s, s9rternants, conditions and coven+nn of sa~d promissory oote u~d th~s mortp~ye ae~y or either am no1 iufy, p?omptly snd fully pKformed, disch+ryed, exetvted, ~ffected, compkted, complied with and sbided ~iy, theo in aitFar w ~ny tuch ~wnt 1M s~id a~ gregat~ svm mentioned in s~id promisswy note thcn ~emaininp unpaid, with imerest xuued, and all ma~eys secu~ed hereby. . shall becwn~ dw and p+Y able forthwith, o? thereaher, ~t th~ option of said MORiGAGEE, a fvlly ~nd completely as if all of the said wms of ma~ey were wginally stipul~ted ro be paid on such day, anythiny in said promiiwry noh or in this Mat9age to the contr:ry notwithstsnding; and thereupon a thcreahe~ at the option of said MORTGAGEE, without notice w demand, wit at law or in puity, there4we or thereaher begun, may be prosec~ted as if a!I moneps sscvred hareby had matured prior to iri I~stitution. 7. That in ths event tMst ~t the beginni~g of w+t sny time p~~np sny wit ~pon this Mortg~ge, or to faeclos~ it, o~ to reform it, or to eeforc~ payment of any daims hereunder, said MORTGAGEE sMll apply to the Coun having jur~sdrction thereof fw the ~ppointment of s Receiver, such Court ~hall Forthwith appoint a receiver of said mortyayed property all and sinpular, irKlud~ng all and sin9ulsr the income, profin, issues and revsnues from what~ver source derived, each and every of whKh, it beiny expreuly understood, is hareby mwtgaged as if spec~ficatly set fwth and d~uribed in the qrantirg and habendvm clauses hereof, u~d such Receiver sFwll hsve all the brosd ~nd effective fw~ctions and powms in anywise entrusted by ~ Cowt to a Receiver, and ; wch appointment shall be made by such Court u an admitted equity and a re~tter of absolute riyht to said MORTGAGEE, and without reference to the ; adequacy or in~dequacy of the vsl~?e of the property mort~ed w to the wwency or insolvency of said MORTGAGOR or ehe defendants, and thst svch ~ rcnn, profin, i~come, issues and revenues shall be applisd by svcA Receiver accordug to tM lien or eqviry of said MORTGAGEE u~d the practice of such ~ Cou~t. , ~ S. To d~ly, promptly and fully perform, dscharye, execute. effect, co~rip{ete, comply with and ~bide by each and every ths itipulations, apreemenq, •~oM~ioos and ooven~nts in said promisso~ry no» u~d tha mortpage set fath. • 9. That in the event the ownenhip of the mortga~ed premises. or any part thereof, becanes vested in + penon other thsn the MORTGAGOR, th~ i MORTGAGEE, in succeuas snd ~ssigns, m+y, without ratice to the AhORTGAOR, deal with s~cti• successor or wccessor in interest with reference ro this ; mwtpape snd the debt hereby secured i~ the ssma manner as wi~h Mwtyagor wifhovt in any w~r vitiatinp or diuhar~irg tFN Moiryagon~ liibility F~lra- ! under a upon Ihe debt hereby secured. No ssle of the Fremises hereby mortgsged and no forbearance on t!k p+n of the MORTGAGEE or in suaesson or suigns and no ex~cnsion of the time for the payment of the debf hereby secured given by the MORTGAGEf or in successon w assigns, sh+ll operate ' ro ~ekase, d~sch~rye, modify ch~nge w sffect the original liabil~ty of the MORTGAGOR herein, either in wFale or in part. ~ ; 10. It is specificatly agreed thst t~me is of the euence of this contract and ths~ no waiver of any obligstan hereun~k? or of the obliyation sa cured hareby shall at any time thereaher be held to be a waiver of tl~e terms hereof w of the instrument secvred herby. ' ~ 11. 1~ additior? to the forego:~ monthly payments of princ:pal and i~terest required by the pro+n~ssory rwre secured hereby, mort9sgor covenants ~ and agrees to pay to morlgagee wilh esth mw~thly psyment an sdd~tional sum estimated by mwtgagee ro be equal to 1; 12 of the annual cost of the follow- i ing: ~ A-All real property taxes kvied o~ assessed against the above described iesl estatt. ' ' B-Premiums on firc and windstorm iruvrance as herein raqu~red to be carried on the improvemeori situate o~ the above described premises. C-Premiums on such mortgaye gwranty insurance as rtarlgagee shall from time to time deem fit to wrry on the ban secured he~eby. , f lYlortgagee shall from time to time notify mwtgagor in writinp of the amount due and payable hereunder a~d such sum shall thereupon be due snd ~ p~yable on the due date of the next monthly payment aod each successive month thereafter until mortgsgee shall notify mortgaga of s charge in wch ~ amount. Such wms shall be applied by mortgagee toward the payment of real property taxes, inwrarxe prem:ums, and mort9s~ee 9wranty inwr~nce premiums. IN WITNE55 WHEREOf, the said MORTGAGOR has here~r~q,~e ~~fe+~ 1he daY sr fint afaresaid. ~ ~ Sea and deli in the presente ~~••E~ A~Y1~ "-FLA. , ~UCIE COUNTY. RECL`at' VE~IFIEO n . irir~ • n . 02 ~ JUN _ STATE OF FLORIDA ; St. Luci• couwn oF OC~R POITRAS ' e.r«. P«~«~+u,? .~.~.ed P~ Q K a ~~r~son .~d ~ Aa9tlina etr~zcn ~ his wife, ro me well known s~d known to me to b~ ! tM individwb described 1n and who exscuted tM for~poinp irutrwmnt, and ~ckewwledped b~foro me that they executed the ssme fo~ tM pwpwes f ; therein txpres~ed. Md tM said A11Oll~• B!=~lZOD ~ wife of tFw s~id Rty~ 8~l9!lOi~ upon a separate u~d private f examinstan by me tsken separate and apsrt fran her said husb+rd, adcrwwledped 1o and befw~ m~ that shs execvted said irotrument baely and vol~n- ' tarily and wrthovt ~ny campulsion, oonstrainl, ~pprelwroion,~ fear of or from hsr said husb~nd. ~ WITNESS my hand snd offkial stal d~ia ~6 day of `T~~ A. D. 19~~ ~ ~ , NWary P ~c in and fq tlk SI H of florida at lary~ MY ~ 6, ~ Q ~ Rsturn Ta ' ~ ~ fi~st Fed.rsl Savirys a lo,n /?stociar~on , :....:a. Siak of Fbrid~ at ~ ,a,, c~~, ~ ~ 6, t9n ? Of Fo?1 P~erce. ~ :;1~+ ~,.,..wedi..a.ar~.~r. fort Pierce, fbrids '•.,`~'J• =.J• v~ _ -l:~ -'trr : f .:i - This Instrument Prepared By ; ~ ~ ~ ~ ~ m ' l . ~ First Federal Savings 3 Loan Association = J:~• ~ • of Fart Pierce ' ~ ' Q ` 4` O.;•. ' 4 'A-.......••: Jv~w M• CO11.Ms 1()v J~~'~`'~~~``:. Checked By - W, ~i:, ~ . ~ ~ ~r x ~ ` ~ ~ ~ ~ ~ t,~. ~ ~ ~ _ _ . ~ _ . _ : _ _..~r~'_.~~