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HomeMy WebLinkAbout0896 . ~ ~ l ~ ~ To plaa and contlnuou~ly k~ap on th~ buildinps now w Mr~~ftN ~itu~t~ on said I~nd ~nd oe ~II putpm~nl and penon~liy covK~d by thi~ mort~ with ~II pnmium~ therwe? paid in full, fin inwranc~ in th~ uswl srudard policy fom~, h• ium ~pprowd by tM MORTGAGEE. +nd wirdsto~m inswana in the ~swl ua+d~rd poiky form, in a wn? approwd by tlw 1NORIGAGEE, in svch comp~ny w companiq ~s tFw MORTGAGeE m~y dinctj ~nd all fir~ ~nd windsarm inwru~p policiea on any of said build~nps, ~ny int~n~t ther~in o~ par? 1Mrwf. in tM apyrepau wJh ~fa~aid w in ~cpp thenol, slyll contain tM uswl st~ndard mortpspa clau~ a such othp da~?s~ ss tM AAa~y~pe~ msy requir~. makirp tM tost v~de~ said poil~ cin. each ar~d ~vwy. pavable w said AAORTGAGEE af ib Gne~esl may app~ar, and tach and ~w~y such potiq thall b~ promptly asi:yned and d~livK~d to any Mld by s~id MORTGAGEE ~s funFwr sscwity to ~id mo?tpap~ dabt, snd, not less than ten (10) days in ~dvanc~ pf th~ ~xpu~tion of each policy, to dr liwr to said MpRTGAGEE + ra~ewal tM~eof, top~riw with a rocsipt for the p~emivm of wch renew~l; and fh~r~ shall b~ no fu~ w winditam inw~anc~ pl~cad on ~ny of said buildinps. sny intenst tMreio or pa?t tM.~of, unlass in tlN fo~m ~nd wi~h tF~ loss pay~bl~ as afueiaidj ~nd in tM ~v~n1 any sum of mon~y becomq payabl~ urwJK such polky a polici~s s~id MORTGAGEE shail have tiw option ro ~eoeive and apply tM sarn~ on accovnt of tM indsbtsd~ +~eu ascvred hNeby w~o pe+mit aaid AA~RTWIGORS to ncaiw ~nd w~ N or ~oy pa~t thereof fw othcr purposes. wi~hout thareb/ waivi~~ or impair- i'g +nY ~~t1?. li~n or right w~d~r or by virtw of this mortpa~t ~nd in tM ~vent said MORTGAGOQS shali (or ~ny r~aion fsil M keep th~ s~:d premises w inwred, o~ fatl to dtliver promptty any of s~td polities of inturanc~ fo said MORTGAGEE, u fail prompNy fo pay fully ~~y ptemium therefor p in any rsipect fail b pMfonn, diachuy~, ~xscvts, ~ffecL compkte, camply wirh ~nd abid~ by this cove~ant, or ~ny pan hersof, ssid MpRTGAGEE mav ..~ao~ ~~d, pay fw such Gauranc~ ot ~ny part thersof without waivag or ~ff~trp ~~y option, fkn, puiry, or ri9ht vnde~ w by virtut of tht~ Mo~t~a~, and tM tull amovnl of each and ewry s~ch p~yrnent sha~~ b~ imm~diately due arul paysble ~?d shall bea~ interest ftom ths dat~ thereof ~ntil paid at tM rate o1 nine per tentwn psr ~nnum and topether with svth iNaest ihall be sacured by tFw li~n of ihis mortp~ge. ; To p~rmit, commit p wffN no wssfe, knpiirment or deterior~tan of said property or ~ny parl theraof, i 5. To pry ~II and sinpular tha tosts, ch:rp~s arK! ~xpenws, inctuding s rsasonabte atto.ney's fes and cosq of abstrscn of Htls, incwred or pald at sny fims by sak! MORTGAGEE, Mcavs~ w in the twnt of th~ fsilwe oo the p~h of ihe said 1NORTGAGOR to du~y, prompNy and f~Ily pKtwm, d~xhug~, exec~t~. ~ffect, compl~te. oomply with ~nd abida by each •nd every d+e s~ip~rlarans, sy~eemenrs, cond~~io~s and coven~nn of said promiswry no» a~,d rha matpap~ any or dtlrK. a~d said costs~ charqes and txpenses, eac}i ind every, shall be immediately due and p~yable: whetF?er or not ther~ b~ notice da reund, attempt to collect a wi~ pe~dirg; and f1k full srno~nt of aach and eve.y such payment ~hall bear interest f~om the date tF?~reof uetil paid at the 1 rate of nins per cer+tum per uuwm; ~nd all said costs, tMrpes and expMSes inarred or paid, togefhet w+th iuch intarest, shall be s~tu?ed by the lien of thw f "'ort~• 6. That in the ewnt of any breach of this 1NortQaQe a dafau4 on tM pan of the MORTGAGOR, or (b) in tl~e event ~ny of satd tvms of mon~y i h~vein r~fe~red to ba not promptly aod fvlly paid wirhin thirty (30) days next after the same seve?alty become due ~r+d peyable, withovt demand or notits. w W tn t1w aven~ ead~ and ~rery the stipvlations, agnem~nts, we+ditior+s and cov~n~nn of said promissory note and th~s mortpsye any or either ~r~ not iuly, promptly and fully perfwrt?ed, discharyed. execvted, ~ffect~d, complet~d, complied with and abided by, then in either a s~y auch ~wnt tt+~ sa;d a~ gregsh sum mentaned ta said promissory rate then remaininp v++paid. with inrorest xuued, snd all moneyi secured hereby, shall betomt dus and p~y~ abk forthwitl~, w there~fta, at tM option of said MORTGAGEE, ~s fvlly ard canpletely u if all of the iaid sLms o4 money vircro aiginally atipulated tu be paid on such day, anything in said promiuory eote or in this N1wt~aye to the contruy notwithsts~ding; and therevpon or thereafter at ~he opt;on of said MORTGAGEE, without norice o? dcrosnd, wit ~t I~w or in puity. tFllflfOtQ p thdfNft!? begun, may be prosecuted ~s ;f ~II ea~eys secvred her~by had matured piw ro iri institution. - 7. TA~f in tF» ~vent tMt ~t the beginnirg of or at ~ny tima pendirg sny wit upon this Mortg~ge, or to forecloae it, a to roform it or to enfwp ~ PaY+~~ ~+~y ctaims he?eunder, said MORTGAGEE sMll apply to the Court having jurisd~nan thereo4 fw the appointmem of ~ Receiver, such Cowt sMll ~ Forthwith ~ppoint a rcceiver of said mort9aged property all a~d sinqular, includ~ng all and singul~r the income, profits, iswes and revenues from whst~ver souroe daived, ead+ and wery of which, it beinp expressly undentood, is hereby morrgaged as ;f specifically set forth and desciibsd in the 9~s~tinp snd habe+~dum ctauses hereof, snd such Receiver shall Mve all the broad and effective fund~ons and powcn in anywiu entrusted by a Co~rt ro s Receiver, and such appointment sha11 be made by wch Court as an ~dmi»ed eq~;ry ~nd a matte? of absoluro right to iaid MORTGAGEE, a~d without refere~ce to the sdequscy p Fnadequacy of the w1w of the prpperry mwtya9ed or to the tolvency w i~solvency oi said MORTGAGOR w the defendants, and that s~ch eents, profin, inc«ne, isiues and revenues sMll be applied by s~ch Receiver accordiny to the lien or equity of said MORTGAGEE and the prxt~a of such Courf. 8. To dvly, promptly and fvlly p~rform, discharpe, execute, ~Hect, oomplete, comply with and sbide by each and every tF~ atipulatioos, ayreemen», co+~ditiwn and covenants in isid promissory note a+d this mortgsga set forth. 9. That io the event the ownenhip of the mortgaped premises. a any paA thereof. becanes vested in ~ penon other than the MORTGAGOit, ths MOitTGAGEE, ib successors and euiyns, may, withovf notice to the MORTGAOR, dea! wi~h such successw or succeuor in iMer~yt with refcrence ro tfiis mwt9aye and the deb~ heraby secured in the same m~nner as with Mwtgagor withovt in any way vitiating w dixhargirg the AAwtyspws' liabiliry here- u»der or ~pon the debt heteby secwed. No sale of the premius hereby mortgsged and no iwbeawnce on ths part of the AM1ORTGAGEf or iri succe:son w usigns snd no extension of the t~me for the p~yment of the debt hereby secured yiven by ~he MORTGAGEf or ib succassws a assipns, sh~tl op~rat~ j to rel~ase, dischsrpe, modify th~nq~ or affect the aiginal liabiliry of the 11AORTGAGOR herein, either in wholc w in psrt. + 10. It is specifiulty agreed that time ip of tM essenc~ of this contrsct and tMt no waiva of any obligstion hsreunder or of ths ob~ig~tion w, r cured hxeby sMll at any time thereaher be held to be • wairer of the terms 1?ereof or of the instrument secured herby. . In addition to the forego:~g rrwnthly paymtnts of princ'pal and intercst required by tht promiuory note setured hereby, mprtya ~or ow naAfs , and agrees ro mortgagee with each monthlY paYment an addirionsl sum estimated by mortyagee to be equal to 1/12 of th w~f the follow- 4 irg: A-A!1 rea! property tsxes kvied a a ' t the sbove described r . B-Premiums on fire aod windstwm insurance as her ' 'ed on the improvements situate on the above destribed premises. C-Premiums on such mortgage g~ars ance +s mortgagee sh~ll from time to 't to prry on the (oan secured hercby, Mo?tgagee shall from ti me notify mo?tgagor in writing of the amount due and payabk hereunder an su on y~ ~ a~ paysble on the due t e next monthly psyment and each successive month thereafter u~til mortqagee shall notify mortgagw of a chan ' s~ch amo~n ums shall be applied by mortgagee toward the payment of real property taxes, inwrance prem:ums, and mortgaye gwranty insura wms. 1 f IN WI7NESS YVHEREOF, the said MORTGAGOR has here~iir~~ FAM~~~(~(~y ~ y~~r fint aforesaid. ~~~d. Seil d and d li ea ~ P.~ of: ST. IUCIE COUNTY. FIA. RE:COR~ VERIFIED e~ ~ n i'?~l64:~ ~9 JU~~ ~ 9 f 11 3 O r~.n STATE OF FLORIDA S/~'~" , courm oF St. Lucie ~'R01~ FOITRAS l CUI OUR ~ eef«e m. P..~on.uy,pps~rcd Bobbie LeE ~~31n~ T C T, and Shirlev Fave Horner his wiie, to me well known snd known to me to b~ rM individwb dewibed in and wFw e:scvtad tM iorpoirg iostrwnant. ~nd acknowkdyed before me rMt they executed the wme for the P~+?Poses rhe.ein .,cp..ssd. And tl,...;a Shirley Faye Horrrer w,f• o~ t~?. W;~ Bobbie Lee Horner ~o~, ..~,.,te .~,d exsminaYwn by me taken sep~nte and apsrt from her sa;d F.vaband, adcnowledged b and before m~ th~t she execvted said instrument f~eely arid vol~n- rarily and withovt aMr cpnpu(sion, constraint, apprehens~o~Lyr har of or from her qid husb~nd. WITNESS my h+nd ~nd official seal thi: day of A. D. 19~i~ ~ W ..C`,~, i L~1~ 1~~ F r L U K 1 U~ r~r,n ic in and fw th~ Stat~ of Fbrida at larq~ c~ ~ DOCUMENTAp ~ S'idMP 'fA:t Mr ~u~ G~ i~~~ a = Jittfi9'69 `~,~~.AT~` ~ ,`~~:~ts:}i;;j:~r~r•.t~t'K, Stak 01 florid~ at La~9~ ~ ; _ ,,s ~ I 7 2 5 ~ ~qt; t~,;,~ ~ ~w. 6, i~n V~ cr~~PTao1.lER . 3~ ~~M~~~„~ac..rrrta? , P.~.140136 _ . , ' L7 :j~'.r- ~ _'~l ~ This Instrument P~epared By J. C. Chastain _ . 0~~.. First Federal Savi~gs b loan Assotiation ~ •O.s _ ; of Fort Pierce , lrlozida • 'f # . , . ~ g~~~ P#GE VW . ( ~ + i + a ~ . . ~ j~!~ f C f a . ~ s _ _ ~ _ ~ ~ _ _ .