HomeMy WebLinkAbout2228 • • ~ V u I , ~ ~r.
To plaa ~~d conUnuously kNp on tM buildirp~ now a F~~aha sitwt~ a+ aid land ~od on ~II eq~tpmsnt ud p~+so~ally aovK~d b1? thi~ mo~t¢
~p~ wi?h ~11 pnmiums therwn p+~d in full, fin insur~nc~ in th~ vswl itandard polky form, in ~ sum +pprowd by tM MORT ~GE~ ~Y
inswanc~ in tM vswl st~ndud poliry fam, in a wm ~pp~oved by tM MORTGAGEE. In such comWnY a ro^~P+^'~+
dirM~ ~nd all fin ~nd windstorm insw~na po~icie+ on +ny Of 3~M~ ~lildin0l, My irlfH~il fhNtNl 01 pi11 iMrlOf, in tM +p~.ep+~~ we+ af«~ssid w
In txcsa tMrwf, sMll contain tl+~ vsual standud matya~ cl~uti or iuch wha clws~ as 1M Matpp~ may rpuKt. m+kinp 1M lou u~ uid poti~
ci~s. ~ach ~nd ~very. WYabl~ b taid MORTGAGEE ~s ib inla~at mar ~pp~ar. ~nd Hch and ~wry such polity sMll b~ p~omptly ass:y~d and delivtrtd fo
~ny h~ld by wid MORTGl1GEE p furthK secu?iry to said mat~ap~ deM. +nd. not I~ss th~n ten p0) days in adv~nc~ of tM ~xplration of tad+ policy. to dr
liwr ro s~k! MORTGAGEE a nnswal tlwreof, toq~thK with a roceipt fw tM prsmium of svch ranewalr ~nd tlxr~ shsll b~ no f've or windstam k~wrar~ce
pl~pd on any of ssid b~ildinps. ~f1y If11ffltt fMffifl Of ~1if~ 1MtlOI, ~nless to the form and with tM lass payabl~ +s ~fores+idt u+d i~ the ~wn1 +^y wm
of ma+~y Mcanes p+Yabl~ w~d~~ wch policy w polkies s+td MORTGAGEE shall Mw tM optio~ to receiw s~d ~pply tM ame on ~ccount of the ir~bted~
ness sscw~d I~~by a to permit said MORTGAGORS to rectiw ~nd us~ It a any part thereof fw othe~ purposes. without thereb~ waivi~y a imp+ir-
irg any pu;ty, liai a ripht und~r or by virtw of this mort9apej ~nd in tM ~v~nt s~id MORTGAGORS shsl) tw ~ny reawn fail ro keep the said premises ao
inw~ed, a f~il to d~liv~r promptly any of said policies of inwranc~ to ssid MORTGAGEE. or fail promptly to p+y fvlly ~ny premium therefor a i~ ~ny
r~sp~et fait b pNform, dixhu9e. executs. ~ffect. comptete. comply wirh ar+d ~bid~ by Nus cov~n~r?t, w+ny P+r1 M*wf, ssid MORTGAGEE en~y p1ac~ +~+d
piY fw wd~ lrq~rance o~ ~ny put tMreof witho~t wa'ninp or ~Hectinp ~ny opYan. lien, equ~tY. or ri~ht ~nder a by virtw of this Mort~ap~. and the
full amount of tach and ~wry s~d~ WYme^t shall b~ immediately dw a~d pyabl~ and shall bsu interest from tM date thereof w~til paid a1 tM raN of
nine pH untwn psr annum and toyether with such Interast shall be secvred by the lien of this mortpape.
1. To pKmit, aommit w suffer no wute, imp+irrtKnt or deterioration of said prope~ty o~ anY pi?t the~wf.
S. To p~y all snd slnpula ths cosn. cha?~ and exp~sas. indudinp + re+so^•bh anw^elrs fce and costs of abstracts of tifl~, incurred w p~id af
any time by said MORTGAGEE, because or in the ewnt of 1M f~iluro on the psA of the ssid JNORTGAGOR ro d~ly, promptly ud futly perform, d'acMry~, }
execut~, effecl, compl~t~, comply with and abide by each and every the stip~rlations. agreeme^ts, conditions, and mwn~nts of said promissory not~ +~d thw E
matyap~ any a eith~r, and said coits. chu~s ~~+d ezpenses, each and ~very. ~II b~ iminediately due ard psysble: whether w ~ot tAH~ be not~ce de~ ~
mand, attempt to coll~ct w wit p~r+diny; u~d the full amo~nt of each ~nd ewry wch payment shsll b~w tnterest from the dat~ tfiereof w+til p~id a1 the ~
rate of nine per centum per uuwm; and all said eosn, charges ~nd exper+ses incvrt~d a paid, together with wch interett, shall b~ s~c~rnd by ths lie~ of thit 4
E
6. That te N~e eveM of u~y lxeach of this Mortys~e or defaulr on the pan of the MORTGAGOR, or (b) in the eve~+t ~ny of s~~d s~ms of mon~y
herek~ referred to be not promptly snd fully p+id within thirty {30) days next after Ihe same uverally become due and p~yabte. without dem~~d a ~otice,
or (c) in the event each snd ~very the itipulations, sgreements, cond~tions ~nd covenanb o! w~d promiswry nota and th~s mortya~ +ny a either +ro no1
iuly, promPtly ~nd f~rlly performed, diuMryed. executed. effected. compkted, complied with end abided ~iy, then in eitha w u?y wch ewnt tM said ~
pregat~ wm mentaned in s~id promiuwy note then remaining uopiid. with inttresl acaurd. ~nd atl moneys secvred heteb), shall becorne dw and pay-
abte fwthwith, w thereafter, at tFw opt'an of said MORTGAGEE, ss fu11y and canpktely as if all of the said sums af ma~ey were aipirully stipulated
to be pa;d en svch day, aoything in ss;d promiuory note or in this Monyaye to the contr~ry notwithatandinp; and thereupon o? thereafte? at tM option of
said MORTGAGEE, without nwKe w de~nand, wit at law w io equiry, therefwe w thereafter bcgun, may be prosecuted u if ~It ma~eys secund haeby
had mafwad prior to ib institutioo.
That in the evenf that at the beginniny of or sf any time pendi~g sny wit upon this Mortgege, or ro fweclose it, or ro reform it, w to enfwp
payment of any cla'~ns here~oder, said MORTGAGEE slull apply to tF+e Court havirg jurisdiction thereof for tha sppointment of a Receiver, such Ca?n sh~ll
fwthwith sppoint a receiver of said mortgaged p?ope~ty all and sirgulu. incl~d~ng all and si~gu~ar the incon», p~o4its, issues and revenues from whatever
wurte derived. e~cF~ and every of which, it beiny expreuly uoderstood, is hereby mortgaged as if specifiutty set fath s~d des~ibed in the p?antinp and
habendum clavses hereof, and such Receiver shall have sll the boad usd effcctive funct~ons and powen in a~ywise entrusted by a Court fo a Receiver, ~nd
iuch sppointmcnt shall be made by such Court as an admitted equity snd a matter of absolute r:ght to said MORTGAGEE. and without rofaence ro tM ~
adeqvacy a insdeqwcy oi the value of tF?e property mwtgaged or to the w~vency o? ~nso~vency o( said MORTGAGOR or the defendann, and that such .
rems, profits, intortie. is~~+es and revenues shall be applied by such Receiver accordinQ to the lien or equiry of ssid MORTGAGEE and the practite of suth ~
CouA.
& To duly, pranptly ~nd fiiQy perfwm, dischsrge, execute, effect, compkte, comply with ~nd abide by eaci~ and ~vety the :tiputations, ayreements,
conditaru and mven~nn in said promasay note and this mortgage set forth_ -
9. That in the event the ownenhip of the mortgayed premises, or any part thereof, becanes vested in a petson othsr th~n the AI10RtGAGOR, th~
MORTGAGEE, its successon and assi9es, m+Y. w~~ha+t notice to the MORTGAOR, deal with such wccessw or wccessw i~ interest with refererKe to this
morly~e and the debt hcreby secured in the same manner +s with Mortgagor without in any way vitiating or dischargirg the llAort~~gws' li~bility Mr~-
under or upon the debt hereby sen,red. No ale of the Fremises hereby mo.tgaged and no fabearance on ~he part of the MORtGAGEE or ib successws
or auigns and no extension of the time fw the paymem of the debt hereby secured given by the MORTGAGEf or in sucuuors or assiyns, sh+~l operat~
ro rekase, discharye, modify thange a afftct the aiginsl liability of the 1NORTGAGOR herein, either ia whole a in put.
10. It is spedfically agreed that time is of the euence of this contrad and that no wsiver of ~ny obligation hereunder o? of tM oblgation se-
cured htreby shall at ~ny time thereafter be held to be s waiver of the ttrms heteof or of the instrument secured herby.
11. In add~tion to the forego:ng monthly payments of princ"pal and interest requi?ed by the promissory note secu~ed hereby, mortgaga covenants
and agrees to pay to mortgagee with each monthly payment an add~rio~sl sum est~mated by mortgagee to be equal to 1/12 of the annual cosf of the follow-
i ng:
, A-All r~al property ta:es levied or sssessed aga~ •<t the above desc?ibed rcsl estata ~
B-Premiums on fire and windstwm inwrsnce as hcrein requ~red to be urried on the improvements sltuate on the above deuribed premius.
C-Premiums o:+ such rtwrtgage guaru+qr insurar~ce es morfgagee shsll from t~me ~o time deem fit to urry on the loan secured hereby.
~ Mortgagee shall from time to time notify mortgago~ in writi~g of the amount due and payabk he?eunder and such sum shall thcre~pon be due and
payabk on tF?e due c3ate of the next monthly payment and each successive month tnereafter until mortga9ee shall notify mortgagw of a charge in such
~ amount. Such sums shall be applied by mort9agee toward the p+yment of real property taxea. insurance premtums, snd mortyaye 9wranty insurance
~ premiwm.
~ IN WITNESS WHEREOF, the ssid MORTCaAGOR has herevnto set his hand and seal the day u~d year fint aforesaid.
Stsled a det' a~~d ~ tht preknte of:
n
~ • ~
~ ~
STATE Of FLORIOA ~
sT , u~c~ ~
~o~~ ~
~f«! ~ ~~~~r M. H. Hontycutt ,r,d
~ I~11i1 a!f H0~1l~?Clltt ha wif~, ro m~ well known +nd known to en~ to b~
rF+e ind~idwts d~scribed in ~nd who ~x~a»~d th~ fwpoinp irutrwnsnt, and ackrawledp~d b~for~ me that they ~aacuted tM sam~ for tM purpos~s
!x~ ~ ~ Lulu Van Honeycutt
w~r. o~ ..w M. N. Honsycutt , ..P...~. .~d ~.w
~ examiMtion by me taken repu~te ~nd apart from he~ said husband. adcnowl~dped to and b~(ort m~ tMt sF~e ex~cvted said 'autrumem hNly and volw~- ,
~ tsrily and without a~r oompulsion, canfr~int, ~pprelnns+on, r fw of or from her ~aid hwb~nd. `
~ WITNE55 mr Mnd snd oHicid kal t' day of JU1 G. 19_.~
~ Nw~ry Public in snd fw the StN~ of F~orida ~t larp~
~ Mr Caron~ssion ~upir~s:
R~twn Ta.
Fvst Fd~nl Savi~ps i loan Aswcaran ~~.L ft~,K, w1! 0~ F~~
~ :',t Spt, 23 1969
~ a Fort F~e.ce_ ' ~ ~p1i~iSf10~ t~.
~ , ~ _ Ex MS a twW1l
~ , Fort Pie~u. Flwid~ L • ~ M~id M
FILED AND RECORDEO~
~ • i~- ~ ST. LUCIE COUN?Y. FLA.
~ John ~t (~,3.. ' : f:E.CC~R~ `l~R=~'~0
This Instrument Prepa~ed BY • ~ : " '.r.. :
First Federal Savin~s b loan Association 18051:~
~ of Fort Pierte R i - = Z• ' - _ ~ •
~ , i~ a. . '69 ,lUl 14 ~N 10: ~0
~ cn«~~ g,? ~ f~ ~:t~`~
;t,~:;c G f t11TR:.S
~ ~~FRK C~RCUIT COURT
~ ~ ~ ti
' ea~K ~ 7$ 2~~ ~
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