HomeMy WebLinkAbout1335 . ` ~ 1 l~ ` ~ ~
S i•. a.
3. To plac~ ~nd continuously k~ep o~ tM buildinp~ now w Mreafi~r utuat~ o~ taid land and on ~II aquipmant ~nd penor?ally cov~red by thi~ mw~¢
p~, with ~II prem;wry th~reon paid in full, firo ins~rance i~ tM ~twl srandsrd policy form, in • sum approwd by 1h~ MORTGAGEE, and windttonn
1nw~anc~ in tM uswi staodard pol+ry fwr~ Fe~ • wrn spproved by the MORTGAGEE, in ~uch company w compa~ia ~s tM MORTGAGEE m~y
d'uectJ ~nd ~II fin a~d windstwm ins~ru?u policiei on ~ny of s~id b~rild~~pt„ any inter~st thercin w paA iMreof, in tl+~ sp9re~~t~ wm afo«pid or
In ~xcess tFiereof, shell contain th~ uiual st~ndard rtwrtgs~ clause ar such otha clavis a the lNorrpaQes may requ'u~, ma4inp tM bu urd~. said poli~
cia, tsch ~nd w~ry. p~Yabl~ to t~id MORTGAGEE u ib intere~t may ~pp~sr. ~nd each a~d evay t~ch policy sMll b~ prompNy ass:yned ~+d detivered to
~ny MW by s~id MORiGAGEE ss further securiry to said mortys~e debt, and, not lest than f~n (t0) days in sdvance oi tha expiration of each policy, to da
liwr to said MpRiGAGEE a rs~swal thereof, lop*tMr with a reteipt for tM preenivm ot such renewal; and lhere shall be no fire w wi~dstorm inwrancs
pl~ced on a~y of sa~d b~ildirgs, any interett tl+Kein or part thtreof, vnleu in the form ~nd with th~ toss payable ss afwesaid; and i~ tl» evtnl ~r.y wm
of mw~ey becomes pay~ble undar such poticy w policies said MORTGAGEE shall F?aw the opt~on to ?eceive snd ipply ths sams on accar~r oi tl?e inclebted
ne~s secvred hereby o~ ro pNmit iaid MORTGAGORS to receiw aod us~ it a eny part the~eof for other purposes, wi~hout the?eb~ waiving o~ unpa~r-
inp any p~ity, lien w r'gh~ ~nd~r or by rutw of this mortpapej ~nd i~ tM event sa~d MORTGAGORS shall (w any reason fail ro kaep rhe said premisa w
i~aured, or fatl b dtlive~ promplly any of said policies of inawanu to said MORTGAGEE, a fail promptly to pay fully sny ptamium therefor or !n any
respect fail ro pKform. dixhu~e, execute, ~ffect, complet~, comply wirh and ~Dide by this covenant, w any part h~reof, said MORTGAGEE m~y pl~ce •nd
pay fw such inswanu or any pan thereof without waivinp or ~ftactirg any optiay Ikn, equity, w ~ight ~nde? or by vi~tw of this Mortga~s, a~d the
full amo~nt of each and ~wry such payment shall be irtunediately due and py~bl~ ~nd shall bear interest fran ths date thereof until paid at the rat~ ol
nine per centum pa annum and toilether wi~h iuch interest sF~all be sec~red by ths lien of this mort9~ge.
1. To pe?mit, commit or suffer no waste, imp+irment w deteriorarion of said prop~rry or any pa?t the~eof.
S. To pay aU ~nd un~ular the c,osn, charges ard expenK~, indudi+np a rcasonable attwney's fee and costs of sbstracts of tide, intvrred or paid at
any time by said MORTGAGEE, betause w i~ the evcnt of the failwe on the parf of the said lNORTGAGOR to duly, promptly a~d fully pe~form, diuharg~,
exetute. ef(ect. comple~~. eomplY with and ab;de by ~ach and evcry the stipuletions, sgreements. conditions, ~nd cove~anb of saed p~omissory nota and fhit
monpag~ any or either. and said costs, charges and expenses. each and every, shall b~ immediately due and payable: whether or not tF~re be notice de
mand, attempt to collect w wit pending; ~nd th~ full amou~t of exh and every s~rch paymem shall bear interest from the dat~ thereof untit p~id ~t the
rate of nine per centum per annum; and aN said cosn, charges and expenses irKUrrsd or paid, together with such interest, thall be secured by ths lien of 1Fw
mort~a9e.
6. That (a) in the event of a~y breach of this Mortgspe or defwll on the part of the MORTGAGOR, a(b) in the event ~ny of said sums of monsy
herein refer~ed to be not prompNy and futly paid within fhirty (3p) days next afte? the same uverally betome due and payable, without demand o~ ~otice,
or (c) in the event each and evt?y the itipulatio~s, sgreert~ents, conditions and cor-~nanb of sa~d promi:sory ~ote and th~s mortpaye any or either are not
iuly, promptiy and fully performed, d~scha~ged, executed, effected, compfeted, compl~ed with and abided by, then in either or any :uch ~ve~t the said a~
gregate wm meniioned In said promiuory note then remainin9 uepaid, with interes~ acuued, ar?d afl moneys secured hereby, shall b~cwne dw and pay-
able forth~nrith, or ?h~reafter, at the option of said MORTGAGEE, as futly and completely as ii all of ~he said sums of money were wipinally stipulatcd
to be pa~d on such day, a~ything in said promissory note or in th~ Mo~tgage to the con?,ary norwithstanding; and thereupon pr lhereafter at the option of
said MORTGAGEE, without notice a demand, suit at law or in equity, therefwe or thereafter begun, may be prosecuted as if a11 moneys securad hereby
had matured pnor to ~ts imtitution.
7. That i~ the event fhaf af the beginning of o~ st any time ponding any svit upon ihis N4ortgsge, or tp faetlose it, M to refqm iL or fo enfwq
payment of any claims hereunde~, said MORTGAGEE shall apply to the Court having jurisd~ction thereof fw the appointme~t of ~ Receiver, such Court shall
fwthwith sppoint s receiver of said mortgaged propcrty all and sinpvlar, includ~ng all a~d singular ~hs income, prof~ts, issues and revenues from whatever
sovrce derived, each and every of whith, it beirg expressly ~ndcrstood, is hereby mortgaged as if specNically xt fwth aod dewibed in the ~raming and
habendum ctauses hereof, and svch Receiver shall have all the b~oad and effedive funcnons and powers in anywise entr~sted by s Co~rt to a Receiver, and
s~ch sppointmem shall be made by such Court as an admitted eqvity and a matter of absolute ?ight to said MORTGAGEE, snd with•wt referente to the
adequacy o? inadequacy of the value o1 the property mwtgsged or to the wlve++cy w insolvency of said MORiGAGOR a the defendants, and that such
rents, profib, income, iuues and revmues shall be applied by iuch Receiver accordiny to the lien or equity of said MORTGAGEE end the ptactice of such
Couit. . -
8. To duty, prompHy snd fully perform, dixharge, execute, effect, complete, comply with and abide by each and ewry the stipulations, agreeme~q,
conditar~s and cavenants in said promissory npte and this rtwrtgage set fwth. ~
9. That in the event the awnership of the mortgayed prcm;xs, or any parf thereof, becort~es vested in a person other than ihe MpRTGAGOR, tMe
MORTGAGFE, its succeuas and auigns, may, without notite to the MORTGAOR, deal with such successor or sutcessor in interest with ~eierente to this
mortgsge and the debt hereby secured in fhe tame manner as with Mortgagor without in any way vitiating a diuMrging the Mortgagors' li~bility here-
under a upon the debt hereby secured. No sale of the Fremises hereby mortgaged and no forbearance on !he part oi fhe MORTGAGEE p its sutcessors
or assigns aru! no extens~on of the time for the payme~t of the debt hereby secured given by the MORTGAGEE or ita succe:sors or au~gns, shall operat~
to release, discharge, modify change or affect the orig;nal liability of the MORTGAGOR hereio, eithe? in whole or in part.
10- H is specifically agreed that time is oi the euence of this conrract and rhat no waiver of any obligation he~eunder or of the obliyateon se-
cured hereby shall at any time thereafter be held to be ~ warver of the terms hereof or of the instrument secu~ed herby,
' n to the fwego:ng monthly payments of print paf and interest required by the promissory nore secured he
and agrees to pay to mor ' h each monrhly payment a~ add~rional sum est~mated by mortgagee to be e o the annval cost of the follow-
ing: -
A-All real property taxes levied or assessed against t scr" estate.
B-Prem~ums on fire and windstorm insurance as her ' .r to be carr~ improvement; situate on the above desfribed premises,
C-Prerpi~ms on such mortgage guara rance as mortgagee shall from t+me to t~me ~n+-tiL o carry on the toan secured hereby.
ARorrgagee shan from ti ~me not~fy mortgagor in wrh;r~g of the amovm due and payable hereunder sum shall thereupon be due and
payable on the du o the next monthly payment and each successive month thereafter ur.til mortgagee shall notify mo ~of a ch~npe in wch
amount. ums shail be applied by mortgagee roward the paymeM of real p?operty taxes, insurance prem:ums, and mortgage g~tsn 'nsurance
IN WITNESS WHEREOF, the said MORTGAGOR h~s hereunto set his hand and seal the day and year first ~foresaid.
Si9n ated a deli ed in the presence of: -
~ FILEO ANO RECOROF
A.
N?Y. ~
gT, LUC COU i~
_ 1'~g9~~ .J n
tl : 02 °
SiATE OF FLORIDA
counm oF St. Lucie #~j~s' ~~~~,i 2~
seto.• me no~,t~y, a,ed Arie J. Kromhout S
C~aroZ .~:eKromhout ^ C~ h~. W~r~, to me well known and known to me to b~
rhe individwls described io and wiw executed ths faepoirg i~ , acknowledDed befwe me that they e:ecuted the same for tfa purpoae~
?r,e,e;n .xq~„ed. M~ the ss;d~ Carol J. Kromhout
wife of rh.,~;d Arie J. Kromhout
examinstan b me taken x upon • separate ~nd priv~t~
Y parate snd apa?t from her said hosband, scknowledged to and befwe me that she executed said instrument freely and voluir
rarily and wrthovt any computsion, consr.aint, app~ehension w fesr of w f.om her said busband.
WlTNE55 my hand and official seal thii___ N~~ dey of A. D. 19
6~..
. • tary Public in ~nd iw tM St~t~ of fbrid~ at larp~
My Commiu'wn ~xpires:
Rewrn To: • -+~rc;~
Firsf Feder~l Savings 8 loan A~sociation OE ~Ofl~i
OF Fort Pierce. , • ~ ~ ~SNAf ~p~K $lp~. 23. 1969
Fon Pierce. Flwida '
~ - . ~ ~M fN •
.
~ . - - - ~IL.Ep AND REC~~ .
~ • _ 5T. LUC1E CdtT~'~~Y•
_ . - ::c_Cn~?n vER~F1Ec)
This InstrumeM Prepared By . ~?y94?y5
First federat Savings b toan Association ~
of Fort Pierce ~ ~ ' . ` : ~ . ~s9 J~ ~ 6 ~ ~Q • 0
Checked By T. Driscoll ~ ~
0 R ~i i=~ ~ OI~R1~.S
BQQx~ Pq~f 541 CLERK CiRCU1T COURT
~ Bo~K~78 ~~E~334 ~ ~f
.
~ - ------__1_~
`~.-.c•..... ~ ~ ~ ~ - ~ 3
. _ ~~r:~:~~