Loading...
HomeMy WebLinkAbout1252 v• " + ~ \ } ` , ? To plxt snd contirwo~sly kt~p on tM M+ildirgs ~ow ar hKtaftM sitwh on uid 4nd and on ali equipr»snt ~nd p~nonally covKed by this nwrt~ ~p~ wit~ all pemiums therwn p~id in fvll, fir~ insur~nt~ in th~ usual sunda~d policy fwm, In • sum approved by ths MORTGAGEE, ~nd winditam iniu~ance i~ ~M „swl aandard polky fam, in • wm ~pprov~d by tM MORTGAGEE, h wch company o? companies ~s tM MORTGAGfE may dinctt ud aU fire and windsraim ;nwruKS policiss a+ any of said build~np~„ ~ny +nMrpt IMr~in w p~rt therecf, In tM sy~~epat~ wm aiu~id or in ~xcas thenof, shali con~~in ths ~wal stsndud mong+~e cisuse a such od+N claw~ as tM Mort~a9ee may ~equw~. mak:np th~ loss u~de? said poli~ ci~s, each and ~very. paYabb ro said MORTGAGEE a iK i~t~rnt may appsar, and ~ach and ~very avtA polky shall b~ prompNy au:~~ed ~nd delivered to i ~ny held by s+id MORTGAGEE as fur~her sen,riry ro~id mor~ps~ debL ~nd, not ku tM~? ten (10) days in advance of tM ~-piratio~ of each policy, to d~ live~ to said MORTGAGEE a r~newsl ~I+t«ot, top~thK Mith a raceipt for ths pr~mium of ivch renew~y and then shall b~ no fire or windstam Insurant~ ptaced oo any of s+id buildinys, ~ny interest N+erein or paN therwf, u~leu In tM torm u~d with tM loss p~yabt~ as afwefaWs and in th~ ewnt ~ny twn of mon~y becomes payable uod~~ suck policy o~ policws said 1NORTGAGEE shall haw ~!w optan to receive snd ~pply the same on account of the ind~btsd~ neu secu?ed haeby ot b permit said MORTG/lGORS fo tKaw and tqe it p any pat tAereof for orher purposea, wilhout shxeb/ waivin9 p impair- inp any pu~ty, lien w ri~h1 ~nde~ or by vutw of this mwt~ayet and i~ tlw event said MORTGAGORS shall fa a~y ~eaton fail to keep tiie aaid premaes sp inwred, p fdl ro d~livtY promptly ae~y of said polities of G~sw~~a ro said MORTCaAGEE, w fail p?ompNy ro pay fulty aoy pranivm fherefor p in any ~esped fatl b perforrq, d:xMr~ exccvte, ~fhct, compkt~, comply with ~nd abide by this covenant, or any paH hereof, said AR~RTGAGEE ma Y P~aos ~nd pay fw iuch tnwrae~ or a~y put thcreof without waNinp or ~ffecti~p any option, U~n, equ~ty, or riyht unde? w by virn~ of this Nbn~a~e, ~e~d tM fvll amo~nt of sacA ~d ~very such payme~t shall bt imrnsd'ur~ly dw and psyabla tnd shall bear interest from ths date theroof until p~id at the wh of nins per centum per aniwm and togeiher with wcl~ inierest sMll bs secvred by tM lien of th+s mortqage. 1. To ptrmit, oommit or wfier no wuN, k~kmer?t or deterioration of ssid prope~fy a ~ny psrt thereof. S. To psy all and sinpulsr tM costs, cMryes and sxpenses, kicludinp s reasw?sbb ittomey's fee ~nd cosR of abatrrcts of title, incv~red w paid a? any time by said 1NORTGAGEE, bscav~e a tn the event of tM fa;l~rs on the p~rt of ths aaid MORTGAGOR to dvly, prompdy and fvlly parform, diich~ryR _ exetut~, ~ffect, complat~. oomply with and ab+de by eath and every tha stipulations, agreements, tonditions, a~d covenants of said promiasory note ~nd this mortgape any or eitF~er. ~nd saw! cosls, ch+rpes and expenses, esch and every, shall be tmmediatety due and p~yable: whc~?Kr w not thers bs notice da mand, attempt to colkct or suit pendinyj a~d th~ full amount of each ara! every such payment sMll bear intmest fran ~he dats thereof until p~id at ihe rate of nine per tcntum pe? am~um; and ~U ssid costs, cMrges and expanse~ inc~rrcd a paid, together with suth ioferest, shat! be secured by ths li~+t of tha ma-tp~, 6. Th~f (i) in the ~vent of a~y brsach of this Mwtyaqe w defsult on the pan of the MORTGAGOR, cr (b) in 1he event ~ny of said swra of monsy herein refetred to be oot promptly and fully paid withi~ thirty (30) days next afte~ the same uve~alty becort~e due and payable, without demand o~ notite, or In the esrent each and every the stipvlatioea. agreemenu, cond;tioa~ss and covsnann of a+d pran'~ssory note and th~s mortgage any or eitha ue nd ivly, prompNy and fully performed, d;xharged, execvtad, effected, tompleted, complied with and ~bided by, then in either o~,any s~ch evom the ~id a~ gregaro wm mentio~ed in said promissory rtote t[xn remsi~ug unpaid. with i~terest ecaued, and all rtqneys secu~ed hereby. sh~U becwns dw u~d pay- able forthwith, or thereafter, at the option of said MORTGAGEE, u fi?Ily and completely u if ~II of the said sums of money were wigir~slly stipulated to be paid on such day, anythinp in said promissory note or in this Mortgaye to the contrary notwi?hstanding; and therevpon w the~eatfer at the op/ion of said MORTGAGfE, without nWite a? demand, wit at !aw a in eqviry, therefwe or thereafta begun, may be prosecuted u if all ma~eys secured hateby had matured priw to in irotitutan. 7. That in the event that at the beginning of or at any tune pendi~?g ~ny wit upon thia Nlwtgage, o~ to foreclose it, or ro reform it, a to enfora~ payment of any claims he~eunder, said MpR1GAGEf shall apply to the Cwrt having jwissiiaion thereol for the appointmem of ~ Receiver. s~rch Caxt shat~ foathwith sppoiM a rcteiver of said mortgaged property all snd sinpular, includ~ng all and singular the incoms, profits, awes and revenues from whate~er source derived, each and every of which, it beiny expreuty uoders~ood, ia hereby rtwrtgayed at if speNficalty set fwth ant! dewibed in the yaantinp and habendum cla~ses hereof. and such Receivsr shall have sll the broad and effective functans and powers in anywisa entrusted by a Cou?t to a Receive~, and such sppoinfinent shall be made by such Cowt as sn admitted equity ~nd a matter of absotute right to said MpRTGAGEE, snd without ref~rer~ce ro the adeq~acy or inadeqvacy of the value of the property mortgaged er to !he solmncy or ;nsolvency of said N1pRTGAGOR or the defendann, and that tuch rents, profin. incwnq iu~es ar~d revenues shall bs applied by such Receiver accordiny to tl?~ lien or oquity of uid MORTGAGEE ard ~he practice of such Cou~t. . 8. To dulY. F~o^+P~~Y and f~?t~1r Perfo+m, disclwrge, execute, effect, tempkte, comply with ar~d sbide by eacM ~nd every the stipulatian~„ agreemsny, conditarq and covenants in said promissory oote and this mortgsge set forth. 9. TMt in the event the ownenhip of the mort9a~ed prem+ses, or any part thereof, becpnes vested 1n a petw~ othe? thu~ the MORTGAGOR, t1r MORTGAGEE, ia wcceuas and auigns, rrwy, w;~hout ~otice fo the hWRTGAOR, deal with such successor p suctessor ;n interest wifh refcrence to tAis mortgage and the deb~ hercby secured in the same manner as with Mwtgagor without in sny way vitiating or dischsrging the Mortgagora' liability herr under or upon the debt h%reby secured. No ssle of the premius hereby matgayed and no fwbearance on the part of tF+e AAORTGAGEE or its successas or auigm and no exrens;on of the tinK iw the p~ymem of the debt hereby ~ecured given by the MORTGAGEf or it: succeuon or au9ns, shsll operat~ to relaase, tiixharge. modify cherge w sffect the wiginai Gsu~liq of the AkARTGAGaR herein, either in whola a in put. 10. It is spec~fically agreed that time is of the essence of this contract and that oo waiver of any obligeYan herevnder er of tM obliyatan sa- cvred hereby shett at any rime thereafter be held to be a waive. of the terms hereof w af the instrument secured he~by, 1). !n addiria~ to tha fo~ego:ng monthlY payments of pri:~c'paf and interest requircd by the promissory no~e secvred hereby, mortgsgor cpvs~ants and agrees to pay to mortgagee with each monthly payrr~mt an add;tional sum estimated by mortgagee to be equal W 1/12 of the annual cost of the fol{ow- ing: A-All real p:operty taxas kvied ot assessed against ihe above described re~! estate. • B-Premivms on=fire and windstorm irtsurance as FKrein requ~red to be carried. an 1Fx improv~menfs situate on the above ~svibed premises. C-Premiums on such-mortgage guararqy inwrance as mo?tgagee shatl from time to t~me deem fit to carry on the loan secured hereby. ; Mortgagee shatl from time to time notify mortgagor in writing of the amount due and payabie hereundcr~ and suth wm shaU thereupon be dve end j payable on tF+e due date of the next monthty paymenl e~.d each s~ccessive month thereaher until mortgagee sha11 notify mortgagor of • change in wch ~ amou~t. Such sums shall be applied by mortgsgee twrard the payment of rcal property ta:es, insurance prem:ums, and mortgape guaranty inwrance premiurltt. IN WITNESS WHEREOF, tF?e said MOQTGAGOR h~s hereunto set his hand snd seal the day aod year f'ust afaesaid. Signed, Seakd snd defivaed in the p~ese~a of: ~ ~ ~It___ ~0 ~ TE OF FLORIDA ~ _ ST„ LrJCIB ~ cour~n oF ' Befwe ms penonally ipp~arad - - B rl Ki=O~ ~ Atldley Kat@e his wifc, to me well i~nown ~nd krw~~vn to me to b~ ~ the indiv'~dwb described in and who ~xecuted tMe forayoirg instruneent, and adcnowkdged b~Fore me tha~ they exea?ted the sa~rK for th~ pvrpose~ . ~ r~~M ,0.„d r~ ~;a Audrey Kazee , Sarl J Kazee ~ ~ wifs of the pid • ~i~::• uyoii t and=pt~ua exs.~ninatan by me taken separate and ~part from her said husband, ackrbwledged to and befwe mt that sFie execvted sai~. taril and without ~`,M1.~ . r any compulsion, comtrsint, apprehero~on,~o~ feu of or from her said Iwsband, , v Q,~ • WITNESS my hsnd and afficial seat fhK ~ day of October ~r p~ 9 , ~~.t----•• i ~ . - ' r,, - , . a..: - - _ ~ • Na~ry Publk fn a~d for t~.~l~~~f ~foridj at ~M ' ion exPires: . ,j ~ ~ I Retum Ta • ' A.~a~{~~ ' 1i ~ ff.sr feds..~ savir~p, ~ toan As~ociation FILEO ~`~IJ ~~~~4 - /13 ti ~ or F~., r;~.~=. ST. LUC I E~~ ~ P~.~. F~~. n~!~oR~ `j~r~~~4~:::F:_: . ~ 184243 . '69 OC1 13 PM 3.23 This Instr~ment Prepared By John W. Collins First Federol Savings b Loan Association • of Fort Pierce ~ Flosida _ rpr;E? ~~Oi7R S ~,Q CLERK CIRCUIT COURT; Chedced By 7~ . 80~C PACE~~~ C~ ~ ~ ~ ; t _ ~ . ~