The URL can be used to link to this page

Home My WebLink About1250 . . , . To plac~ and contlnuously kNp on tM buitdirgs now w M*eaftK ~itv+~e oe? said land ~r.d on ~II p~ipment and pasonally cov~red by this mort~ y~, whh d~ prem;wns thcrew~ paid in full. fin ins~rann in ~h~ uswl sundard policy form, in • tum approwd by ?he MORiGAGEE, and wi+?d~twm ~ ;nswai+c~ in tM uswl ~~anda.d polrcy fam, tn a sum ~pproved by tM MORTGAGEE, io wch comp~oy or ca+sP+~~y +s MORTGAGEE n~ay dinctt and dl fi.~ ~nd windsrorm insurar~ poiicies on any of said buiW~np~, any troer•u ~f+Nei~ or p+n fiareof, ~ tM s~y~eya~~ wm afor~~aid or i~ ~xs~ss thereof, sh+ll contsin tM uswl sundad matp~ clavs~ or such otha clauss u tM Mwtyayae may requin. maAinp tM bu unda sald pdF cie+. e+ch ~nd every. paYabl~ ro aki NIORTGAGEE as its im~rest may ~pp~~?. ~nd sxh snd ~vay s~ch poliq ~F~II b~ p?omptly ass:gned u+d d~livKed to u~y held by said MORTGAGEE u t~r~ftitr Hturity to said mwtps~ dcDt, ~nd, not Mss than ten (10) d~ys in advance of the ~xpiration of each policy, ro d~ liva to said NWRTGAGE"c • re~ewal thtrwf, toqetha with • rec~ipt for tM premium of such ~en~wal1 and tlxre shall be no fire or wir?dst«m inwrai+c~ pl~pd on ~ny of iaid aiildinps, ~ny inter~at t!»te:n ot p~rt tF+er~of. uniess in the form t:~d with tt?~ bss p+Ysbk u afassaidr a~d 4? tM ~wM ~ny twn of ma+~y beconwa p+yaW~ ~nde~ such policy a polici~t said MORiGAGEE shall h~w the option ro receive and ~pply ths iame on accounl oF tht iodebtad~ nsu tecu~ed hMeby W 1o permit said MORTCsAGORS to tso~iw ~nd uM if o? sny parl thereof fw other purposei, wit}wut Ihxeb~ waivi~~g or ~mpair- irq any pviry, lien or ri~M under or by virtw of ihis mortyapej ~nd in the event said MORTGAGORS sh+ll fo~ any reason fail ro keep the i+id p?emites w inwred, o~ fail b dtliva promptly any of said policies of inwrance to said MORTGAGEE, a tail promptly to pay fully any p~emium tharefp w ie~ any r~spect fail b pwfam. ~ischar~e, execute, ~ffect, complete, oomply whh u~d ~bids by this covenant, o~ +nY psrt hereof, said MORTGAGEE may plaoe and paY tor iuch i~wance w ~ny psM tMrwf without wahrinp a ~ffectinp ~ny optio~. ~i~n. aqvity, o? righ~ unde. or by virtw of thii Maty~~, ae~d rM full amount of tach and ewry such payment ~hall b~ Nrwnediately dw aod p~y+bk and ahall bear inte+eit from th~ d~te tl~eof ~ntil paid at th~ raN ol nine per ce~tum pN annum ~nd topcther with wth intrrest shall be secured by ths lien ot this morty~ye. To pKmit, can.Tit or suffa no wuts, impaument w deterior+tion of said property or any puf tMreof. S. To p~y all and ~inpular the costs, charpes +++d ezPe^s~t, includinp a reawn~bk ~nwney's fa~ and costs of abstracts of titls. incuned w paid ~t sny tims by said MORTGAGEE, becav~ w in tM event of the failure on the p+rt of th~ sak! N10RTGAGOR ro duly, promptly +nd fully partorm, d~ich~ry~ execvte. effect. compkte, comply with and abide by each and eva?y the stipulations. sgreemerus. conditions, and oovenanb of said p+omissory note and thi~ mwt9ape any w atha. and sa~d cos~s, chupes +nd ~xpenses, each and ~very. sMtl b¢ immediatety due ~nd psyable: whether a not there b~ ~o~ice dr mand, attempt ro collect a wit pendirgt +od H» full amount of esch ~nd wery wch psyment sA~ll bea+ inte~est from ths date thereof until p~id a1 the ?ate of nint per centum pa annum; and all said cost~, chupes and expenses incwred w paid, together with such interest, ahall b~ s~c~~ed by tM lien of thu wart~~• 6. TMt io the event of uqr breach of this Mortpap~ w default on the part of tfie MORTGAGOR, or (b) in tM eve~t ~~y of s+id swm of mon~y herein roferred to bs not promptly snd f~lly paid within thirfy (30) days nexl after the same severally become d~e and payable. without demand o~ eotic~, or in the event esch and every th~ stipulatioe~t, ~greamsnts, conditions ~nd coverwnn oi ssid promissory note and th~s mortpaye sny w ei?ha? are no1 iuly, prompMy and fully perfwmed, d'acharyed, execvt~d, ~ffected, completed, complied w~~h and ~bidrd by, theo in e~ther w any such ewet ths said ag gregst~ wm mentioned in said promiuwy noro then remaininp unpaid, with interesl ~cuved, a~d all naneys secured hereby. shall becoerw dw +r+d pay- able forthwith, OI fF1lfNftCf• at the option of iaid MORTGAGEE, ~s fully and comptetely as lf all of the said wms of monay were aginally tlipulated to be paid on such day, anything in sa~d promiuory note w in thia Mortpsge to the contrary no:withstsnding; and thereupon w thmeafte~ at th~ option of iaid MORTGAGEE, witho~t ooKce w demand, wit at law w in equity, thecefore or thereafter begun, may be p~oaecuted u if ~tl moneys seairsd hereby had matvrr! pnor to its institutirn. . 7. That in the event that at the beginning of or at sny time pending any wit vpon this Mortgsge, or to fweclo~e it, or to reform it, w to ~nforn payment of a~y claims he?e~nder. seid MORTGAGEE sh~ll spply to the Coun having jurisdictan thereoi for the appointment of ~ Receiver. such Courl sMll fwthwith appoiM a receive? of said morl~aged proQerty all and sirgula:, includ~ng all and singulsr ths imm~+e, profits, iuues and revenues from what~ver wurce derived, esch and evcry of which, it beiog expressly understood, a hereby mongaged u if speciiicalty set fwth ard dexribed in the yrantinp and habendum clausea hereof, and such Receiver shall h~ve all the brosd and effective funct~wn u~d powers in anywix entruated by a Court to a Rtceive~, ~~d such appointment shall be made by wch Cowt ss an +dmitted equity and a matter of absolute right to ssid MORTGAGEE, and without f6fHMCf b tF+~ adequscy w inadequacy of thr value of tl+e property mortgsyed w to the sonree+cy w insolvency of said MORTGAGOR a the defendann, u~d that avch reros, profits, inc«ne, iuves and revenues shall be applied by such Receiver sccording ~o the lien w equity of said MORfGAGEE and the practiu of such Court. 8. To duly, pompt~y and fully perform, d~xharge, execute, effect, carplete, comply with and abide by exh and evcry ths stipulations, ayreemenri, conditioru ax! coven+nts in sald promissory ~ote snd this mortgage set forth. 9. That in the evem the ownership of the mo~tysyed premises. w amr part thereoi, bcaomes vested in • person other tMn the MORTGAGOR, the MORTGAGEE, its succeuors and suig~, may, without notice to the MORTGAOR, deal weth such waesso? or svtcessw in interest with reference to this mongs~e ~nd the debt hereby secured in the ssme ms~ner as with Nbrtgsgor without in any way vifiating w d~xharp~ng the Mer~~agon' 1'Nbiliry herr under w upon the debt hereby sec~red. No sak of the prerrcises hereby mortgsged and i+o fwbearance on the put of the MORTGAGEE w its sirccesson or augns and no extension of the time for ths psyment of the debt hereby setured given by the MORTGAGEE or its :vtcessors w assiyns, sMll ope~ate ro rekase, dixharge, modify ch~nge or affect the original li~bility of the AhORTGAGOR herein, either in whole a in part. F 10. It is ~fKall reed that tFme a of 1he essence ef this contract and ~hat ra waiver of any oblgatan herewxler or of tht obliyation se- ~ ~ Y a9 { cured hereby shall at any time thereaher be heW to be a waive? of the terms hereof w of the instrument secwed herby. 11. In add~tion to the forego:ng monthly psyments of princ:pal and interest required by the promissory note secured t.ereby, mortg+gor covenanri and agrees to pay to mortgsgea with each monthly payment sn addir'wnal sum estimated by mortgagee to bt equal to 1/12 of the annual cast of fhe follow- ing: A-All real property taxes levied w asxssed agai~st the above desvibed real estate. B-Premiums on fire and windstwm insurance u hnein req~~?ed to be carried o~ Ihe improvemenb situate on the sbove described premises. ' C-Premiums on such mortgage guaranty inw~a~ce ss mwtgagee-shsll from time to time deem fit to carry at the ban setured hereby. Mortgagee shail from time to time notify mottgagor in writing of the amaint due and paysble herevnder snd such wm shall there~pon be d~e and ~ ~ payable on the due date of the next monthly paymeM and each sutcessive month thercafter u~tit rnortgagee shall ratify mortgagw of a change in such ~ ' amount. Such sums shall be applied by mortgagee toward the payment of real property ta:es, insunnce p~em~vms, and mortgsge gua~anty inwr~nce ~ premiums. ~ F IN WITNE55 WHEREOF, thc said MORT6AGOR has hereunto sef his hand and seal the day snd yeu firsf afaesaid. ~ ~ Sig Seakd and liver in ths presenos of: _ ' n ~n ~ ~ . ~ . i i . , STATE OF FLORIDA ~ ST. LUCIB courmr oF ~ ,pP~ ~ Robert Davis AliC! DaV~f his wife, to me well known and knawn 1o me fo b~ the individwb describod in snd who executed the for~ rg instrwnent ~nd adcnowledged before me that they executed the same fot ths pwpo~es rhe.cin exp.esud. a,d rhe ss~~ ~'?liee Dsv~s , ~ wife of th~ ..~a Robert Davis ..~...r• .~e examinstan by me taken separste and apart from her ssid husband, adcnowledged to and btfon ms that tFw execvted said irotrument freely and volurr. tsrily and wilhoot arryr oomp~rbion, constrainl, appnF~ansion,~ fear of w from her said Fwsband. WITNESS my h~nd and afficial seal thii_u.~- a.~ ~ October p. 19 69 .~~Y kh Notsry Pubtk ie and for tM Sfst~ of Horida N l~rp~ . . Ally Co~rrnisaio~ ~zpires: aewn, ro: • • HOT,1lIU rU'LN'~,, STATE Of FLOIt10~ AT l~R6E ~ Fede.,i s.~u+~. a k.«~.rw~ MY COMMI . - r - h~ ~ sF~ ~97s Of Fort Pierte. ~:~`~`C~~~,••••••;~~~" v•: ~O~ ~II~ F~ t Fat Pierce. Flwids r J'• ~ C ~ r+ . . 4~ : .v F~LGO ~ (~11~11'r~ F~a• ~ T. LJC{~ " ~ , : ~ : ~ . S . - ..~t. FL ; ,:.;t ~`t_ _ ; . This Instrument Prepared By John W; ~Co~,T~lr.a,' J`~~ ~ ~ lp~Q~r~~r Firs t F e dera l S avings b l o a n A s s o c i a i o n ••'~~~~%Q. D 3' 2 3 Rlor~~ ~S'~, '1~~~'•,. !~`Q r 1~ ~ ~ of Fort Pierce s . (J+.~ - Checked B ~ y . ~U1TF~. 5~~~ P~~~ 1 r,~~i?K CtR~.Ult COURT C ~ i ~ - - ~J° L_- ~