HomeMy WebLinkAbout2540 To plaa and continuoualy kNp on tFK bulldiny~ raw a h~*~afiK situ~t~ oa said ~and and on +11 eq~rip~raM aod p~rwnaily cov~nd by this map~ . 1
aq~, with ~11 pneniw~a th~rwn p~id in f~ll, fir~ in~ur~nc~ fn th~ uwal s~~nda~d policy fwm, in ~ wm ~pprowd by tht MORTGAGEE. ar?d windstam
iruurana in tM usw) stu+da.d policy fonn. in • swn app~ovd by rhe MORTGAGEE, in wch comp+ny a con+P+nie+ +s th~ MORTGAGEE may
dinctt and ~II tir~ ~nd wi~+dsrorm inswano~ pdici~s on ~ny of said bulldinp~, any ioM~est thtrein or part tht~wf, in fM spyrey~te swn afor~said o?
In ~xt~ss tMrwf. ~hall co~t~in tM usual standud mortq+~ clav~ or wch otMr claus~ u th~ Mort9ayN m~y req~'ui. makinp tF+~ loss v~de~ s+~d pdi~
ci~s, each and ~very. p+Yabl~ w s+id MORTGAGEE ~a ih interes~ may app~ar. and ~ach and ~very s~ch policy shall b~ promptly u~:pned and d~livered to
~ny Mid by said 1NORTGAGEE a fuNi+K secv~ity to s+id mor~~+~ debt, ~nd, not ku than tM (10) days in +dvanc~ of tM expir~tia+ of tach polky, to d~
liva to taid MORTGAGEE a raxwal tMrwf, to~ther witA • rauipt fa the premium of wch ~en~walj ~nd then sMll bt no fire or wii+datam iniu~anc~
plac~d on u~y of ~aid b~ildinps, ~ny intt~est thKt~n or part thereof, unless tn tM form ~no with tM lots p~Ysbl~ as afa~ssidr u+d in tM ewnt any suen
of mon~y becoma p+YabN w+d~r wd+ policy a polictss said MORTGAGEE shall h~w the optan ro receiw and ~pply the ssme on account of fM lnd~bted-
ness sKVnd hNeby w b permit uid MORTGAGORS fo receiw and ust it ot any part thereof for other pu~poses. wilhoul thereb/ waivi~~p o~ impair-
ir+p ~ny puity, li~n or ight under a by vutw of this mortyape; ~nd i~ tM ~vent aid MORTGAGORS shall fw any reason fail to keep the s+id premises w
inavred. o~ fsll b d~liwr prortfptly any of said polities of insurar?c~ ro said MORTGAGEE, w fail promptly to pay fully any premium therefw a in ~nY
r~spsct fail b puform, dscharp~, eaecute, t(fact, camplet~, comply with ~nd ~bid~ by this covenant, w ~ny pan Mreof, said MORTGAGEE may plap •nd
pay fa such trawanc~ or any put thereof without waivinp or ~ffMiap any optan, litn, equity, a right ~ndw or by vi.tw of this Mort~, ~nd tM
fvl) ~mount of ~ach M+d ~wry wd~ p+ym~+~~ sh~~) b~ ~mmed~~te~Y dw +^d WY+bb and ~hall besr intmest from tM d~N thercof ~ntil p~id at tM raM o)
nin~ per pnh?m pN anrwm ~~d togNher with iuch interest shatl bs secvred by tM lien ot tlw mortp~ye•
4. To ptrmit, aommit or wffer no w~st~, hnpiimxnt or deteriontion of said properry or any pan ihe?eof.
S. To pay all ~nd ~rgular tM costs, cb+r9es +nd ex?~enses, i^dudi^9 • reas°"+bk attorney's fea a~d costs of ~bstractt of title, incuned w ps~d at
any time by s+id MORTGAGEE, beuvse or in tl?e twnt of tM failute on the part of tM s+id MORTGAGOR to duly, prompNy snd fully pe~fam, d~xMr~
execvt~, ~ffect, complete, comply w~th and ab:de by each and every the stipula~ions, agreements, conditioru, and ooven+nts of sa7d promissory note and thN
mortyap~ any a eitFw~, and said costs, ch~r9~s and expenses, e+ch and every, sh~fl b~ immediately due snd payabls: whethe~ w not ther~ b~ notic~ dr
m~nd, attempt to colkct or wit p~nd~ngt and ths full amount of ~sch ar~d rvery such paymeeet shall be+r interett from the date thereof w+til paid ~t the
rate of nins per centum per ~nnum; ~nd all said coa~s, charges and expenses iotvrred or paid, togtther with such interest, s1?all be secured by the lien of thy
^~orlpap~•
b. That in the eve~t of any brcach of this Mortpape or defautt on tFr paA of t!x MORTGAGOR, w(b) in the eve~l ~ny of said s~ms of mon~y
hereln refared to bs no1 promptly ~nd fully p~id within th~rty (30f days next after the same seve~ally become due +nd p~yable, without dem~nd w noYrce,
or (c~ in tM ev~nt esch ~~d every the stipvlstions, agreements, conditions and cove~+nn of ssid promiuwy note and th~s matya~e any a either are no1
iuly, promptly and fvlly perfwmed, d;schsrged. eaecuted, eiiected. completed, compl~sd with and sbided by. the~ in either a any such ~vent tM aaid a¢
gregat~ wm mentioned in said p?omissory note then rert?aini~+y u~paid, with interest acuued, and all moneys setured htreby, shall beto~ne dw and p~y-
abk fathwith, w thercaNe?, at the option of said MORTGAGEE, ~s fully and completely as if all of the said wms of money were o~~ginally stipulsted
to be paid on :uch d~y. snythiny in said promiuory ~ote w in this Mortgage to Ihe contrary notwithstanding: and there~rpon or thereafte~ at the option of
said MORTGAGEE, wilhout eotice or demand, wit at law w in oquity, thereiwe w there~iter begun, may be prosecuted ~s if ~II moneys s~cured hereby
had matwed prior to ~ts i+istitution.
7. Thst in tM event that ~t the beginnirg of w at any time pending ~ny wit upon this Mortgsge, or to fwecbse it, or to refam it, a to enforq
payme++t of any claims he~eunder, said MORTGAGEE shall ~pply to the Court having jurisdiuion thereof to? the appointment of • Receiver, such Cou~t shall
Fwthwith ~ppoiM a receiver of said mwtysged proQerty all and sinyul~~, includ~ng atl and aingular the income, profits, iuues and revenues from whateve~
wurce derived, eath ~nd every of which, it being expressly und~rstood, is hereby mortgaged as if spec~iically set forth and dascribed in the ~r~ntiny and
habendwn clauses hereof, and iuch Receive~ shall have all tl+e bwd and effective fund~ons and powers in anyw~se eMrusted by • Court ro ~ Receiver, and
such sppointmem shall be msde by such Co~nt ss an ad~r?itted equity a~d a matte~ of absolute rigM to said MORTGAGEE, ~nd withwt reference to ihe
adeq~acy a inadequacy oi the v~lue of the property mortgaged or to the solvency or insolventy of said MORTGAGOR w the defendann, and that such
rents, profin, intome, iu~+es and revenuea shall be applied by such Receiver accordiny ~o the lien or equity of said MORiGAGEE and the pradite of such
CouA.
8. To duly, promptly and fully perform, diuharge, exetute, effect, complete, comply with snd abide by each and every the stipulations, agreert?enb,
conditions and covenants in said promiuory note and this mortgage set forth.
9. Thst in tM event the ownenhip of the mortgaged premises. a any part thereof, becomes vested ie+ a person otl+er than the N10R1GAGOR, tF+~
MORTGAGEE, its succeuors and asslgns, may, withcut notice to the MORTGAOR, deal with such succeswr a succeuor in ioterest with reference to thy
mort9~e and the debt hereby secured i~ the same manner ~s with Mortgsgw without in any wsy viti~tin9 a disth~ry'~ng the Ntortgagors' li~bility hera
under a upon the debt hereby secured. No sale of the premises hereby mortgaged ~nd no forbeare~ce on the put of the MORTGAGEE w its successws
or ~ug~s and no exrensan of fhe time fw the psymem of the debt hereby secured y~ven by ~he MORTGAGEf or its ivcceuors or assi9ns, shatl operats
ro rekase, discharge, modify chsnge or affect the original liabil~ty of the MORTGAGOR herein, sither in whole or in put.
10. It ia specifically agreed that time is of the essence of this contract and that rw waiver of any obligation hereurtder or of the obliyation se-
cvred heteby shall at any time thereafter be Aeld ro be a waiver of the terms hereof w of the instrument sec~red herby.
11. In add~tion to the foreqo:ng monthfy psyments of print'psl and intercst required by the prom~ssory note setured hereby, me-tgsgor coven~nts
and agrees to pay to mortgagee with each mwuhly payrnent an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cust of the follow-
irty:
A-All real property ta:es kvied or assessed against the above descr~bed real estate.
B-Premiums on fire and windstwm insurance ss FKrein reqv~red to be curied o~ the improveme~ri situate on the above dexribed premises.
C-Premiums on such mortgage guaranry insurance as r.wrtgagee shall from time to time deem fit to csrry on the bao secured hereby.
'i Mortgsgee shall from time to time notify mortgagor in writing of the amount due and payable hereunder ~nd such wm shall /Fxrevpon be due ~nd
i payable on the due date of the next monthly payment and each succcuive month thereafter urtil mortgagee ahall notify mortgsgor of a change in wch
~ amount. Such sums sF:all be +pplied by mortgagee toward the paymeM of real property taxes, insurance p?em.ums, and mwtyaye ywranfy inwrance
piemiums.
i IN WITNESS WHEREOF, the s+id MORTGAGOR has hereumo set his hand and seal the day year fir: id.
j ' ned, Sealed snd detive d in the resenoa of:
. ~
O~~ R-~~ 0
ts..~
rs..n
STATE OF FLORIDA t
~ St. Lucie ~
e.fo.. ei. perw~+uy .ppe,.ed Franklin A. Harzis a,d
V81@2~@ V. ~==~5 his wifc, to me well krawn u+d known 1o me to b~
rM individwb desuib~d in ~nd who ~x«u~ed the for~oirg ieutrwneot, ~nd xknowledqed b~iwe me that they ~aecuted tM iarn~ for tM purposas
~her~;n ~pn„~d. ,4,d ,h~ N:~ ValeYie V. Harris
w;i~ ~ ,~d Franklin A. Harris _ , ..p,,.,. .,,d ary.a ;
exaninatiw~ by me bke~ sepa~ste and ~part from he? s~id hu~b~nd, acknowledped ro snd befor~ m~ tiut sF~s e:ecut~d ~aid imtr~ment fr~tly and vofwr
tarily and w~thovl u~y canpulsion, cautrsmt, ~pprehensiQn~r ftu oi a from he? said husband.
~ WITNESS rrry hand ~nd offitid aeal this 1~ day of J11~ A. o. ~q 69
~
~ Notary P ic in and tw the St~» 01 florida Lup~
~ N?y coe? ~a+ .~res: 6, / 9 7~
R~twn Ta
fint f~d~rsl Savinps i Loan /4sociation - .I~t.ry ru.nK. ~ia?r u~ ~ - - . ~
~ Of Fo?t Pierca - s~, 1Ni:~~!~~~~' . 6. ~n
~ fwt Pieru. Fbrida f ~ 1~M Ilt A~MSE~ C+wi~ Gr
s
FILEO AND RECORDED
~ ' - ~ • .
r ' ST. lUC1E COUNTY, F~A.
~ " ' r~ar y~ZlFl~U
~ This Instrument Propared By John W. Collitss~ ; C~ ~
First Federal Sevings 6 loan Associetion O' J: ~ / Q~ ~6 ~
x. ~ o
f F o r t P i e r c ei E
r l o ~ i d a i~^ ~ c s o
/~,4 .
~ : . }69 .iUL I 8 AN I 0 : 0 ~
Checked By . ~ •
'~?ITRAS
p ~ , 4~~'RK GRCUIT COURT
aooK1?8 P~E2537 ~ ~
~ .
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