HomeMy WebLinkAbout0978 . ~ ~ 1 L + ~ ~
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3. To plan and contirww»ty kt~p on tM buildinps now a MnaftK sttuat~ on s~td land ~nd on ~q` pvtpMnt and peaonally cowr~d by this mat¢
p~, with ~il pr~miwn~ ther~on paid in full. fi~ inswann in tht viwl it~rdud policy form. in a sum approvad by tM MORTGAGEf, ar~d windsto~m
insur~ i~ th~ uswl a+ndard policy fam, M• swn approwd by tM MORTGAGEE, in s~+ch company a companiaa a th~ MORTGAGfE mar
dk~c~~ ~nd ~II fin and win~rorm iewxanp policifs on sny of ta+d bu1ldinp~, any lnMrpt 1l~ein w p~~t thKeof, tn rFw apqrp~~~ sum ~for~aid a
in ~atess therwf, shrll contain tF» usual u~nd~rd mortpapN clws~ a suth o~ha claus~ as 1M Mort~ape~ may rp~in. makinp ~h~ bss voda said po1F
cies. ~sch ~+d ~wry, parabl~ to s~W MORTGA(iEE as iq ioqrqt may ~ppw, ~nd ~ach ~~wry suoh policy shall b~ prar~ptly us:pned ~nd d~livKad ro
anr h~W by sstd 1MORTGAGEE ~s fiwtha ~ew~ity to aW mortyy~ d~W, u+d, not i~u tMo ten (10) days u, edvance of tM ~xpiatia~ of ~sch polky. to dr
liw? to uia MORiGAGEE • rMewal ther~of, top~th~t with ~ r~t~ipt fw tM phn?ium of wth ren~walj ~nd ther~ ~11 be no fu~ or windstorm intwanc~
plso~d on ~ny of satd buiWinys, any interqt /Mr~in o~ p+rf ihereol, vnl~a ln the form u~d with tM loss payabk a afw~idr ~nd in th~ ~wnt ~ey win
of maKy b~coen~s payable ued~r wd~ policy a policws s+id MORTGAGEE shall haw tM optia? to raoeive and apply tM sun~ oe~ aaouM of th~ ind~bted~
ntss t~tund Mtaby w to permit said MORTCsAGrORS to nceiw and uN it or any part tAe~eof fa othe~ pu~poa :s, wilhouf thereb/ wsivi~~y o~ impair-
Irq any pvity, lie~ a riqht undN o~ by virtw of thb mortp~~t and in tM ~vent aid MORTCaAGORS sMll fa ~ny reason fail to keep th~ s~id pnmi~es so
insw.d. a fail ~o d.liv.r promp~y any of s.W polida of inswux. ro s~id MORTGAGEE, w fail prompriy ro pay futly sny pnmiwn therefor w in anr
r~ip~ct fail to pafwm, dxhupe, ~a~cv». ~fhcf. cc ~ ~~td~ b±r N+is aovenant, a any put herwf, s+id MORTGAGEE ?nay pl~q ~nd
P+Y fw such trourana a any put tMrwf without wahinp w affectinp ~ny optan, lia+. sq~ity. or ~ght under a by viriw at tlds 1Nortqa~. and the
full amount of sach M+d awry suth p~ye»nt shsll b~ inrn~diat~y dw u~d p~ysWe ~nd shall bea~ intete~t fran tM dat~ thereof until p~id at tM at~ of
nirr pK centum pa. srur,n, rad rope~her wi~h svch ioh?esr shstl be secured by tM lia~ of this mwtp~ge.
4. To p~rmit aomnut w wff~r oo wat~. impatrm~nt a detab.~twn of aid proparty or any part the?eof.
S. TO p~y i~I ~{if1~VIM tIM COtt~. tlNt~i illd fXPNq!!. 11KIU~1t1~ ~ resson~bl~ attorrwy's fee snd oosh of abstracts of titl~, incu?red w patd
any tims by taid MORTGAGEE, bacaus~ or in th~ ~vant of tlM failurs on ths p~rt of fM aid MOltTGAGOR to duly. pranptly and fvlly pKform, d'ath~ry~,
exscvt~ ~ff~a, compkt~ cwnply wrth snd ~bid~ by ~ad~ ~nd every the stipulaY~o~?~ ~reements, ea~ditions, and oovrnants o( s~id promiswry not~ and thh
mwtyape any a either. and wid cosn, charpes u~d expentes. each and every. sMll b~ ienmed'iataly due ahd pay+bte; wharhe~ or not Me~a be notict dr
mand, attsmpt fo colktf or tvlt p~ndi~g: and tM full amounf of esch and wery such paymeM sh~ll bes. inreresf froen tM date t1?a~eof until p~W at th~
rate of nies per centum par uuwm: and d) said cost~„ ch~r9ea and expaises inewrsd a paid, to~thar with a~ch inttr~st. shall M s~a~r~d by tFK lise of thq
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6. That (a) in Me ~wnt of sny broach of thb Mat~a~ w defwlt on tFr part of ths MORTGAGOR, a(b) in ths went My of wid sums of moMr
haroin nfared to bs not promptly and fvlty p~id within thirty (30) days nexl after t1~e same severally bewms due and payable, withoul demand o? notke,
or (cj in the evem each ~nd every tl+e stipubtia?s„ agr~ents. co~ditions and covenanb of said promis~o?y rwle and tb~s morqape any or ~it1+N an nd
ivly. W«^Pt~Y and iu1Jy perfw?ned discF~uged, ea~a~d. ~ffecled, canPkted. complied with and ~bided by. tfwn in eifher or uiy wck w~et tM s~id ap~
greg~t~ sum me~tioned in said promis~ory note tAen ramai~iop w~pnid, with interest accrued, u+d all ma~eys secursd her~by. shall becort~t dw and pay~
able fonRwith, w theteafter, at the optioa of ~aid JMORTGAGEE, ~s tully and compk~ely as if all of the said wms of mw,ey we~e orip'u?~Ily stipulafed
to be paid on wch day, snythinq in said promisiory note w in thia Nlortgsye to th~ contrary ~otwithatuding; and there~pon or thereafla ~t tM optioe~ of
said MORTGAGEE, without ~otic~ w dam~od, wit at isw o? io ~quify, tts.~rsfare ar M~rsa(:~s tsegvn, may ba prosecufed a if alt moneys sKw~d h~ttb~?
had marwed p.ior ro in i~s~in,rion.
7. ?hat in the evenf that at fFr 6e~inninp of or st ~ny Y~me p~edi~g any wit upon this Mortgape. or to forec{os~ it, or to roform H, w to e~foro~
payment of ~~y cla'uns hereu~, said MORTGAGEE shall apply to the Co~rt having jwisdkteon ~hereof for the appoFntmenf of i Recaver, wch Court shall
forthwith appoint a rtceive~ of said mortyaged prope~ty all ~nd sirgul~~, intl~dug sll and singulu the intome, profits, issu~f and hvenues from whatsvtr
saurte derived. each and evcry of which, it beinp ~~essly w~dersfood, ia hereby mortg+ged as if specifiplty tet forth and dewibad in tha pru+tinp
habendurn clauses hereof. and wch Receiver shall have all the boad snd effective funct~«+s and pwven i~ ~nywise emrusted by a Court to a Receiwr, and
such appoin~ment slwll be made by wch Caxt as sn ~drnitted cqvity snd a matter of ~bsolute riqht to ssid MORTGAGEE, a?d without rofereno~ to tFw
adeq~~cy o~ in~dequacy of the vslw of the property mort9iged a to the sotvency a insolvency of ;aid MpRTGAGOR a the defenda.?ts, ~nd that wch
renrs, pwfin, income, issues and revenws tha11 be applied by wd~ Receiver accwdinp to tM lien w equiy of s~id MORTGAGEE and the practio~ of such
Goutf.
8. To dvly, promptly and fully perform, d'acharge, execvtq effect, canpkte, comply with and sbide by e~ch ae~d ewry tix stipulatio~s, apreea~anq,
conditions and oovensnn Fn said promissory note and this mortysge set fonh.
9. ]hst in the event the ownenhip of the mortgaged premises, or any part tF~eraof, bec«nes vated in a penon otlw tl~an ths N10RTGAGOR. t!»
MORTGAGEE, in uiccessors snd suigro, may, withovf notice to the MORTGAOR, deal with such wcoessa or successor in inlerest with refersnce to ihis
mort~+~e and tl~ debt hereby sctiwed ia the same manner as wifh Nbrfgsyor withoW i~ any way vitiatir?p p discMryinp ths Mwtysgora` li~bility hen-
under w upon the debt hereby secured. No sak of ths premises hereby mortg~ged a,d no forbeuance on tM put of the MORiGAGEE or ih wocesso«
w asaigru a++d no extension of the time fw the payment oi the debt hereby secured QFve~ by the NIORTGAGEf or in woussors or wiy~s, ~hafi i~,~;:;:
ro releise, dlsclwrpe. modify chuge or affed fhe original liability of the NKIRTGAGOR herein, either in whole or in put.
10. It is specifically agreed that Y~me b of t!?s esxnce of thia cauract and that no waiver of any obligetan hereunder or of the oblig~tion se-
cured hareby shall at any time thereaher be heW to be a waiver of the tem~s hereot a of the insrwment secured herby.
11. In addiYan to the forego:~g monthly paymenb of princ'pal and interest reqvi~ed by ihe prorti~ssory nole secvred hereby, mortgsgor covsnants
and agrees to p~y to mortgagee with each monthly payment an ~dd;tionsl sum estimated by mortgagee to be eqval to 1/12 of the annwl cost of the fdbw-
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A-All real prope~ty taxes kvied or assessed against the above dewibed real estate.
B-Premiums on fire and windstwm inw?antr u herein requ:red to be carried on the emproverneMS :ituate on the ~bove described premises.
C-Premiums on wch rnongsge gwranty insuranoe ss mortgagee shsll from Y~me to Yune deem fit to ~carry on the toan secured hereby.
Mortgagee shall from time to tirt+e notify mortgsgw in writi~g of the amount due a~?d payabk hereu~der and wch wm stwll thereupo~ !~e d~s ~nd
payable on the 8ve date of the ne~A monthty payment and each successive month thereafter ~ntil mortgsgee shall notify mortgsgor of a chanye in wch
amount. Such sums shal! be applied by mortgsgee toward the payment of real property tsxes, irnursnce prom:wns, ~nd mortgsye yuaranty iriwtuKe
premivmt. •
IN WITNESS EOF, the ~id MQRTGAGOR has heraunto sN his hand and teal ihe day arw! year f'ust aforesaid.
Siyned, Ses d in ,y~nos of: LiP~~~
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~:»~..~,~~~ri::?~~e..n
~ ;,.~`~*S~ ~ f.7,
i STATE OF FLORIDA ~ ~ • : =
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~ counrnr oF ST. L.?CIE ~f~-,.;..~ =
, Claude H. Comba ~ ~ ~ -~''~t~~~ : r =
~ ~Sfas me paso~lly app~arsd : ; : - ~ _ . ~ =
E Louise L. Combs hi. w;t~, ro m. wen knew~F •
t ths i~td'ir~dwls dewibed in and who ~xacvt~d ths fotepoiig instnxnsM, and ~cktwwlaciped b~fore me thst
f Louise L. Conba ~ean.~r~,:f~h~,,~Q~.•. _
rherein •xp....ed. Md rh. ,.id- % , r• , . c.' ~
s Claude H. Co~sbs ' '
F wifQ o# tM utd . •
upaF! ~i~h1~ fid Priva~N
f examinatan by m~ tsken sepsraro u~d aput from her s~id iw~b~nd, aduiowkdped ro and b~fon m~ that th~ ~xawted s~id hstrwneH~-frie'~y and vol~x~
~ tarily ~nd without ~ny oom~xrlsion, oorotraint. ap~xeF~sns~l~-=- ot from fw ssid Iwsband.
; WITNESS my Mnd and offiwl swl d~~ ~y ~ OCtOb@]C A. D. 1969
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~ FfLEO AND RE6~R0~ .
( ~ ST. LU C IE C ~ U~~• M~~~ tM State of Florida ~t Larpe
y Retum Ta t7 r V•- r~ti .
~ ~ ~ 184t324
~ Of f-~r P~er«. . ';;iiwY P;;3~w 5.'Ni~ OF FlAiIl1A AY LA~
. Fort p;e.u. Fta,;da • ~c (~r`T S ~ • 36 i.1Y. COiIAhtISSION IXPIRES NOY. 29, 1y7~
~ _ Q~ UV' Kd1G[D TIIROU4M FRED Yl'- f1~[!RTtLMOIai.
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~ This Instrument Prepa~ed 8y J• ~K ~~UR'~
j First Federal Savings b loan Associa~
z • of Fort Pieroe , RloYida ~K~~
~ Checked 8y , •
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