HomeMy WebLinkAbout0958 S. To plaq a~d coe+tirwously kNp on tM butldinps now or Mnafter ~ih?ah on said land u~d on ~II equipmnt and pKSOn~lly cownd by thh ~„ort~.
~p~, with all pnmiwes thenon p~id in full, fin inswanu in tM uw~l aardud policy form, in a ~um ~pprowd by tM MORiGAGEE, and win~torm
ioswae~e In tM vswl ~tsnda.d poliey fo~en, in a we? ~pprowd by ~M MORTGJIGEE, tn wch ew~any w eompani~t u tM MORTGAGEE may
dir~eq snd all fin aod wi~a~en inswana polki~s on any of wid b:iWill~f. My Ilfhffll tlNflM1 O/ pi11 ~}~O?pf. L? ~h~ +ppre~a~~ wn~ afo«saW or
In ~xo~ss tlwwf, sMll oomaln 1M uswl standud mortya~N dwM a u.ch otF~ clws~ p fM llAort~aqN m~Y rp~in, makir+p ~t?~ lou w+dN~uid po1F
ci~s. tad~ u+d ewry. paYabl~ b ~afd AFORTGAGEE a ib intentt may app~ar. a~d ~ach and ~very s~cF~ polky sM11 b~ promptly ass:~ned and d~liv~r~d to
any Mld by said MORTGAGEE a fw~Au isqirity to said mut~sy~ d~W. and. nw I~a than ten (10) d+ys i~ advu~a of tb~ ~zpir~tion of each policy. ro dr
livK ro said MORTGAGEE a ~a~w~l t}w?wf. toq~thu witfi a nceipt fa tM pnmiuen of wch re~?ewal; s~sd thHe ~hall bt no fin a wind~taro tnsurar~u
plapd on aey of iaid bulldinp~, any tnte.~st thrr~in or psn tM~wf, vc?ku te th~ form and with tM loas p~yabl~ as ~foresaid~ and ie tM ~wm aoy wm
of morKy beceeer~ payabl~ ~adM wch pofiey a polici~s wid MORTGAGEE sh+ll h~w th~ option to nceiw and apply tM sam~ ao ~ccount of tM G~d~bted~
n~ss aec~x~d F~~by w w pKmh s+id MpRTCsAGORS ro nosiw and va~ it a any part thereof fo? orher purposes, witFw~+t thereb~ w+iving or imp~;.-
iny anY pviryr, ti~n or right w+da or by virtw of thls mortpyas and in tl~ ~vent said MORTGAGpRS shall for any rtawn f~il to keep ths said pnmise~ so
in~~~ed, or fail b delivK promptly ~ny of said policies of ir?swano~ lo said MORiGAGEE. a(ail prompNy b pay fvlty a~y p~emivm therefot a in any
re:p~ct bil to pKfaen, dixhupe, ~x~cut~. ~ff~ct. eompt~t~ oomply with ~nd sbid~ by tha eovaeur?t, a any p~A Mreof, said AhORTGAGEE may pl~p ~nd
pay fa s~ch Uaw~nn or My part tAKwf without wahrinp a~ffectinp ~nr option, li~n. puity, ar riqht under w by virtw of this Mwtpap~, and the
full amouot of each ~nd ewry wch psyment alwll b~ ievndFaMly dv~ and pyabl~ ~nd shsll beu int~rest from tM dah thereoi u~til paid ~t tM rat~ ot
nine p~r c~nrwn p~r ~nnum uid toge~her with wch intaest sh~ll bs securod by th~ lan of tha mortspe.
4. To pKmit, oom++it or wffv no wut~. knWkment w detKior~tion of s~id prope~ty or ~ny pa~f tMroof.
5. To pay ~II ~nd sirpvlar th~ costs, thsrpss and ~xp~n~es, includinp a rsason~bl~ attomey's fN and cosn of sbitrxta of fitte, k~cvned w paid at
sny time by said MORTGAGEE, b~c~u~e or in tlN swnt of t!» f+ilurs on tFw pan of tlw said MORTGAGOR to dvy. prompNy ~nd fully perform. dischary~,
exrcute, effed, complet~, tompty with aod abid~ by ~ad~ and ~very tM atipulatioen, +ynaments, conditio~u, ~nd oove~ants of said promissory note and thia
mortpap~ ~oy o? ~irF~. and ~aid costs, ch~rpes u~d ~xp~nsas, each and ~very, sh~N b~ inunediatety due and payable; whetht? w not thsn bt notice da~
mand, a»~mpt fo colkct a wit pendingJ and the full art~o~M of each and every svch payment ahall b~a. interes~ from IM dat~ th~reof ~ntil p~id ~t tht
rate of nins per centum psr annum; and ~II ~aid eosts. charpes snd expenacs inaured o? p~id, together with suth intsra~t, thali be sacvred by th~ li~n of th~
mo?tpay~•
6. '1Mt (a) tn the eveet of any breach of this Morfysy~ or default on the pa?t of the NIORTGAGOR, o? (b) in tM event any of said wma of morwy
hereln r~f~?red to bs not promptly ind fully paid within thirty (30) days rkxt after the sarne seve~atly become dw and payable, without demand w notice,
or (cJ in ths event each ~nd every tM sNpubtions, agr~erneots, conditian and co?ananb of seid pramiuory note and thts mort9aye any or either ~r~ no1
i~ly, promptly and fvllY p~rfo~m~d, d~schs~ed. exscvted, ~ffecied, tomplead, complied with rnd ~bided by. t}wn in either or ~ny such ewm 1M uicl a~
greyat~ wm mentionad in s~id promissory note then remaininp unpaid, with inter~st accrued, and all ma~eys tecvred hereby, ahaq beao~n~ dw and piy~
able forthwifh, o~ tMrsah~r, ~t the option of said MORTGAGEE, as fully snd complerely as ii all of the said wms of money we~e wi9in~llr ~tipulated
to be p~id on si?cfi day, snythinp in said promissory note or in this Mwt~aye to tM conuary notwithstsnd~ng, a~d thereupon or tF~ereafter a~ the option of
said MORTGAGEE, without ootica or demand, svit at law or ie pvity, Merefwe or thereafter be9un, may be prosecuted as if ~II nw~eys a~cured hxeby
had rt?atvred prior fo ifs iintitvtion,
7. That i~ th~ event that ~t the bpinninp of or at ~ny time pendinp any wit upon this Matgag~. a to foreclos~ lt, or to refo?m i1, o? fo enforq
payment of sr?y dsims hereunder, s~id MORTGAGEE shall apply ro the Carrt haviny jw;sd~cr;on thereof for the appc»nt,rMnt of ~ Receiver, wch Coun shall
Forthwith ~ppoint s receiver of said mortyaped property all ~nd sirgular, including all and singular the income. profib, issut~ and ~~ven~es from whatever
wvrce detived, eacb ~nd every of wF~ith, it beinp ~xpressly under:tood, is hcreby mwtgaged u if speciiicalty set forih and destribed in the ~~antin~ and
habend~m davsea hereof, ~nd wch Retejver shall have alt th~ brwd snd effective funct~ons and powcrs in anywite emtrutted by a CouH to s Receivp, and
•uch appointme~~t shall be mad~ by such Cowt u an admitted eqvity a~d ~ rrrtta of absolute riqht ro ssid MOR7GAGEE, and without ~~ferea~c~ ro the
adeqvscy or in~deqvaty of the wlue oi the properry rtartpaped or ro the sotventy or insolvency of sa;d MORi6AGOR w M~e defendants, and that such
renrs, profin, income, issues and revenues shall be spplied by such Receiver accwdirg to the lien or puiry of said MORTGAGEE a+d the practic~ of wch
Court.
8. To d~ly. p?omptly and fullY parfom~, discharye, execute, eNect, aompkte, eomply with ~nd +bide by each and evKy N~s stipubtia+s, apreements,
conslitions and covenants in s~id promissay not~ and this morrqage set forth.
9. TFat in tM event the ownership of the mortg~yed premises, er any part tFKreof, becomes vested in • person other tMn the MQRTGAGOR, ths
, ~~10RTGAGEE, its successas and auipns, may, without noYice to the MORTGAOR, deat with such wccessor or wccessor ;n inte?e:t with reference ro thia
mwtgape and the debl hereby secured in tht same manner ~s with Mortgaqw without in any way vitisting a discharp'u~g the Mwt9~gon' liability hera
under a ~pon the debt hereby u~wed. No sale of the premises hereby mortqaged a~d eo iwbearance on the p~rt of the MORTGAGEE w its sutcesiort
w sug~u and no extensan of the time far the payment of the debt hereby secured qiven by the MORTGA6Ef or iri successws w ~ui~ns, shall opuat~
to release. dixhu~, modify ch~rg~ p affett th~ oripinal liabiliry of the MORTGAGOR herein, tithar in whole or in parf.
10. It is speafically agreed thaf tims ia of tha esxnce of this contnct and that no waiver of anr obligaY~on Mreurder or of th~ oblipatan se-
cvred hersby shsll ~t any time thercafter 6e held to be s waiver of the terms hereof or of the irarrument secvaed he?by.
t 1. In add~tion to the forego:ng monthly psymenb of pieru'pa! and intercst ~equired by the promissory note secured hereby, mortgsga cpvenants
and agrees to pay to mortgagee with e~ch monthly paymeM sn ~dditions{ wm estima~ed by mortgagea to be eqwl to 1/12 of the annual cost of the follow-
'n9:
A-AU real property taxes kvied w auessed against the above described real esrate. ~
B-Premiums on fiie and windstorm insurance as herein requ~red to be carried on tF?e improveme~ri sit~ate on tFx above desaibed premises,
C-Premiums on such mortgage gwranfy insurance at mortgagee sha(I from time to tirru deem iit to carry on the loa~ secured hereby.
Mortgsgee shall from time fo time notify mwtgaqor in writirg of tl?e amouM due and psysble he~eunder and such wm shatl thereupon be due and
pavable o~ the due dafe of the next monthly psyment and exh successive month thereafter until mortgsgee shatl notify mortgagor of a cha~?y~ in wch
amouot. Such sums shalt be applied by mortgayee toward the payment of ~eal property tsxes, insurance prem:wns, and mwt9age 9usrsnty inwrance t
premiums. E
fN WITNf55 WMEREOf, ti~e sa' MORTGAGO~~a~MrwWos~q,bi,~~~d ,Ka) the day and ar fint aforesaid, °
SiD Ssaled a ~ ~~?~v ~~tc Ep ~-,~'~-r ;
"'"~?f`LUCI~ COUNTY. FLA. ~
RFCO~
V~~ ~ t
n
'fi4 JIl~~ Z 0 { I:~~~3 0~
STATE OF FLORIDA
counm oF St. I.ucie ~n~E+~. FOITi~,~S
e.fo,. m. P«.«uny ,pp...ed t2 uti~ 4~R ~?d'~ii~d11~ d~1 b~low ~
-hw-Mife, to me well known and krawn to ms to b~
the individwl~ dewibed in and who exscwed th~ forpoinp irutrw~»nt, and ~ckiwwkdyed btfors me that M~~ ~xecuted the same for tM PurPo~es
therein ~xpressed. -Ie~e! flw'~~Fd~ Sn
wif~-oi ~her~i~ ~r~ ~ s~psa~s ~nd-priv~N
ex«iwi+.~ion~r -me~t~ken- ~sp«~~e-awd ip.w ~rern-~wi-s~id ~d,-~de~ewl~~l -+s w.d ~efen ~ne yFn* ~Fw.nea,ler s.id~ iwsti.nww? frety ~ rol~ ;
tirilTsnd-Mi*suhwrytawpebie~r, eaons~risK; ~ppeehw+sio~ys,~-f~rvf-a-fran~w-s~idl+us6~n~
WITNESS my Mnd and official seal tF~ ~ 9 u~• ~y ~ .Itlil@ A. D. i9 69
Notary Pu ' m a?d tor t st~ of Fbrid~ ~t lsrp~
My ~~ires: ~ _ / ~ 7/
Retwn Ta .
Flrst Flder~l Srvinps ~ loan Astoti~tion ,~~`'°`:,~11•!•f_. xq~R~ ~'K, S~t! O~ FlOf1di
Of Fon P~e.ce. . • ~
. Fwt Pie~u. Fbrids ~~IRISi100 ~ AYQ. EI. ~n
/arN M A~Iwr EJ~I ~ L~~t ~
_ C . :
: t
~ .
This Insirument Prepared By Richatd K. Kaye9 ~
First Federal Sevi n gs b loan Assotiation ~ f y
of Faf Pierce, Flozida Q ~ ' l
g 9
5,~
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cr~~d sy 's;>~ .
c~t:~~:ti
ff j . . Cf
~o.,.-~ _ - ~ . ._x_:~~.