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HomeMy WebLinkAbout2207 i . ~ 3. To pl~c~ and conthuousFy k~ep on tM bulidit~t f10W M IN~NNN 4fWN Of1 i~W I~11d W1 ilI OqUiplleffl Nld POffOfli~Iy COVlfOd ~ tF11~ TOfi¢ ~ pA with ~II premivms ~heteon p+~d in fu14 firo inswanu in tM vi~ral sundard policy fam, in ~ sum approved by th~ N1t)RiGAGEE. and windstam t inunanc~ in tM vswl ~undard pol~cy faen, fn a sum approwd by ~M MORTGAGEE, in such comWnY w con+P+^ip +s tM MORTGAGEE e+ay dincij ~nd ~II fir~ e~d wicKbwmn ir?swano~ polici~s on ~ny of wid Ix?iidi~ps, any inlN~st tlw.~h o~ pa?1 ~Mreof, in tM +p9rep~t~ a~m afortwid o~ in ucuss thereof. aMll contain th~ uswl st~ndud matya~ clavw a wch o~Aer claus~ as th~ Matp+9e+ m+y requa~. m+kinp tM bss u~de~ a~d poli~ c~s~. ~ach and ~very. WYabf~ ro Hid MORTGAGEE a ia intaat may app~+r. ~nd sach and ~vKy s~ch policy sh~ll b~ promptly ass~yn~d and d~livand to any MW by said MORTGAGEE a~ furthw seturity to s~id mwtpa~ dsbt, snd, iwt I~st tFwn ten (:0) daYS 1~ +dv+nce of tM ~xplr~tio~ of ~ath polky. to d~ liver to ~aid MORTGAGEE ~ nnewal tMrwf, w~tAN with ~ nceipt fa ths pr«nium oi s~ch r~newalj aad ~her~ ahall be no f'u~ a windstwm inwt:nr~ placsd on ~ny of said bvildirgs. ~ny intant Ihe~~~ or Wn tlwwf, vnisss in tF~ form a~d with th~ los~ Wyabl~ as ~fwes+idj u+d in th~ ~wM aer swn of mo~y becanes paYabl~ w~da wch poticy a polici~s s+id MORiGAGEE ~II havs tM option to nceiw and ~pp`y ~l+s sama o+~ acceum of tM indebted- rau s~tvnd i~eby p/p permit qid MORTGAGORS to reoeiw a~d us~ if a~~y Pa~t thereof for other purposes, without thxeb/ waivi~~g a imp~ir• ?np any pvity, liu? a riqhl unde~ w by vi?tw of this mort~~r Md in t}N ~wnt a~d MORTGAGORS shall for ~ny ~eason fail ro ke~p fM s+id pn+ni~e~ so Irsurod, w fail to d~liver promptly any of said polici~s of iiaur~na to s+id NWRTCAGEE. a fail p?amptly ro p~y fully ~~y pr~mium tixrefp o~ in ~nr respect fall to q.fwen, diicharp~. execut~. ~ff~ct. canpbh, oomplY wi~h and abid~ by Nds coven+n~. a any part henof, said MORTGAGEE m+y plao~ and paY fa weh i~uuranu o~ ~ny part tMreof without w~hrinp or ~ff~ctinp any optioo, Ikn, poiH. a r'ght ue?da w by vinw of ~his M«t~~. and tM full amo~nt of ~ad~ and ~wry auch paYrrKM sh+ll be ir~nediatdy dw and payabh and thatl bau iot~rest from tM dat~ theraof until p~id tM wt~ of nine pK untum per annum and to9ether with iuch intaest shall be iecvred by the lien of this mortp+ya 1. To p~rmit, oommil or suffer no wut~. impaument or detaioretion of said propKty or ~ny p+rt tMeef. S. To pay a!I and aMgu~u tM cw», clwg~s +nd ~zp~nxs includinp s reasawble +ttwneY's fN u+d oosts of ~~trscts of titl~, innrRed or p+id at any time by said MORTGAGEE, bsuvse or in tlr ~veM of tM f~ilure on tM part of tM s~id N10RTGAGOR w duly, promptly sod btly perf«m, discha~q~ execvt~. effect. canplett, comply with ~+d abide by ~ad+ and every tM :tipulatio~s, agreements. tonditiora, snd covenanb af said promiuory ~wh ~~r± ~his mortgage any or eitha. and ~aid cos~s, charyes and expensts, e~cl+ and ~vary. sMll b~ immediatsly due ~nd payabk: whetF?e~ o? not tAer~ be notice ds msnd, attempt to colkct w wit pend~ngr +nd the full amo~nt of each and every wch payment slwtl b~w interest from tM dats thersof un!il pa{d at the rate of nine pcr cent~m per amwm; +nd all said costs, cMr~et ~nd exper~sea ina?rred or p+~d. topether with uxh intK~st. thall b~ s~cw~d by tM li~n of thi~ maty+9~. . b. That (sy in the ~wm of ~ny breach of this JKortgsy~ w default on the pan of the MORTGAGOR, o~ (b) i++ the event sny of said sw~» of mo~er herein refened to be not promptly snd fully paid within thirty (30) days next after IM same sever~lly become d~e and payable. wilhout demand o~ notit~. a(~ in the event each and every tl+e stipulatioes, ~gre~rt~ents, conditions and coven~nn of sa~d promiuory note snd th~i mwtpape any or eithar w no1 ~vly. promptly and fully pxformad, d~xh~r~ed, execvtsd, ~ffected, cornpkted, complied with snd ~bided by. then i.~ tither or s~y such weM th~ said p~ gregate wm memaned in said pranissory note then rem~ininp unpaid. with ints~est ~cuued, ~nd all moneys secu~ed hereby. shall beoon~e dw and p+y~ •ble forthwith, a?here~fter, N the apYwn of said MORTGAGEE, u fully and comple?ely as if all of the said wms of money were orginally stipulated . to be paid a+ such day, anythirg in ssid p~omissory nota or in tha Mortyaye to th~ confnry notwithsunding; and therevpon or thereaftar st the option of uid MORT6AGEE, without ratic~ a demand, suit at Iwv w in equity. tAerefore w thereafrer be9un, ewy be prwecvted u if atl mor?~ys s~cund Aar~by had rtwtured pwr to in instit~tion. 7. ?Mt in the event rhat at tl» beginning of w at ~y tirrw pending sny wit vpon this Maty~ge, a to .forcdos~ iL a to rofwm lt, w fo enforw ' payment of any clsims hereunder. s+id MORTGAGEE sh~ll apply to the ~axt havin~ jurisdictio~ thereof for the appointment of a Receiver, svch Co~xt sh~ll forthwith sppoint a rcceiver of wid mortyaged propertY ail snd sirgvlar, irKJudmg; all and si~gvlu th~ i~come. protits, issuas and reve~ues from what~wr wurce derived. sxh and every of wh~ch, it beirg ~xpressly und~rstood. is hereby mortgaged u if specifically f!1 ~0?iF1 i~ tJlWibfld in the yrantinp and habendurn davses hereof, and s~ch Receiver sF~s11 have s!1 the broad and effettive f~nct~om and powers in anywise entr~sted by • Court to ~ Reoeiva, ~nd ~uch appointment sha11 be mad~ by wch Caxt as an admitted equity and a:~atter of absolute r'egFv to said MORTGACaEE, end witFaut r~ference fo tFw adeqvacy or inadequscy of the valu~ oi tIK properry matpayed or to the wtvency or ~nse~vencY e~ s+id MORTGAGOR a tM defendants, and that such renrs, profib. tncome. issues and revan+ss sh+ll be applied by wch Recaiver sccording to'the lien or equiry of said MORTGAGEE and the pradic~ oi e::zi~ Cairt. 8. To duly. promptly ~nd fvlly perform, d'ischarg~, execute. effect, tonnplete, comply with snd ~bide by each ~nd ~very the stipulatiom, preern~~is, conditions and mvcnaors in said p?omissory note and this mortyage set forth. 9. That in the event tM ow~xnhip of the mortg+Qed premises, a sMr psrt tl+ereof. baanes vested in + penon other tlwn the MORTGAGOR, th~ MORTGAGEE, iri svccesson and aupns, may, withovt notice to tha MORTGAOR, dea) with lvch sutcessw w wccessor in interest with referente to fhis mwtgsge and the debt hereby secwed in the same manner as with Mwtgago? without in any way viti~tinp or dixhugirg ihe Mwtgagas' liability htre- u~~der or upon tF~e debt hereby secured. No sale of ths premises hereby mo.tgaged +nd ~o forbeara~ce on the pan of the MORTGAGEE w its suocesson o. sug~ and no e:tension of tF+e time fw the p~ymer~t of the debt hereby secv~ed y'rven by the MORTGAGEf ~ or its succeswn a ~ssigns, shall optr+t~ to retease, discharge, mod;fy change o? affect the original liabiliry of the JNORTGAGOR hereu~, eithe? in whole or 6~ part. 10. It is speufically agreed tMt t is of the euence qf~ ~oontwct ~nd tlwt no waiver of any obl'gation hereunder w of t!w obliySYan se- cured hereby shali at any time thereaher b~~ld to be a wsiver of t~e tem~s Mreof or of the instrument secwed herby. 11. In add~tia~ to the faego:ng monthly payments of princ:pal and interest required by the promissory nohe secured hereby, mortgsgor covenaMs and sgrees to pay ro mortgsgee with each monthly payment an sddirional swn estimated by mortgagc~ to be equ+l to 1/14 of the annwl cost of the follow- ing: A-All reaI property taxes kvied ot suessed a¢ainsf the sbove dewibed rest esbfe. 8-Premiums on fire and windstorm iruurance as he?ei~ requ:red to be carried on the improvements sitvate on the above desvibed p?emises., C-Premiums on sw_h mortqage guarar.ty inwrance as mertgsgee shaU from time to time deem fit to urry on tJ~e loar? secured hereby. Mortgagee shatl from time ro time notify mortgagor in writing of the amou~t due and psysbk hereuoder and such wm sFwll thereupon be due ~nd ~ payable on the due date of the next monthly psyment and each s~aessive month thereafter until mortgsgee shall notify mwtgagor of a charge in wch 4 amount. Such wms shall be applied by mwtgagee toward the payment of real property tsxes, insurance prem.vms, and mortgaye y~+sranty inwrance ~ premiums. IN W17NE55 WHEREOF, the said MORTGAGOR has herevmo set his hand ~nd seal the day and y~w finf aforesaid. • $igned, Sealed and delivtted in tht presanee of: ~ ~ 1t.4~Rt4 d~~ ~ ~ n _~=c= ~ y-. ~ TE OF FIORIDA ~ ~ St. Lucie ~ courrnr oF ~f~ ~~,o,,,~~ Geosge T . Millez .~d Julia H. Miller his wife, to me well known and krawn to ma ~o b~ the inclividwb desuibed in and who ~aacuted ths fweyanp instrua~c+?t, and acknowledyed befw~ me that t~ey exawted the sam~ fw tho pvrpos~s r~~~, .xa~a. a,a ~+,e .+~a Julia H. Miller W;fe of ,h~ ,,;d George T. Miller , upon.~::~p,~r«.and p.i~?~. exami~ation by me tsken separate and apsA from her said Mrsband, scknowkdped to and b~foro reN that shs exewted s~id,WtrvgsQt -~_~j~ .Mal:vOlv~ rarily and without ~ny compubion, coostrsiM. +PPrel~ensioe, or fear of or from hsr ssid lwsb~nd. ~••~.a t• -."3; ~s ~ 8 OCtab6l ~ ~ ~ ~ U~ 6~ - WRNESS my hand and offkia! seai tli dsy of ~ 1_ . =•%j,•~. ~1 ~ y ~ ~1, ~ ; ~ ' r. ~ - _ FILED ANO RECOR~, _'~K~~ .~,a f« s~.~:o~ po.~d.~ ~t - txpins: ~ - ~i~ _ aewrn Ta. ST• LUC1~ COUNTY, FLA. ~Y.~'r,-~,-'s`*~ ~ Fint Federal S~vinps 6 loan Association ~ n R ~ E R ! F' ~ Q - ` ~t,~ ~r of Fo., P~.«. 184958 ~ ~ ~ ~ . '~s. ~ ~ . Fo.t Fi~.ce. F~o.id. ~ ' _ . ' 9 OCT 2 9 A~I I I: I q y.~` = . This Instrument Prepared By J D. Cha ~~4 ~ First Federal Savings b loan Association r OtTR~.~ • of Fort Pierce ~ Florida CLERK CIRCUIT COURT~ Checked By ~ - 600K~vV cf ~ - ~ . ~ - - : s_._: _ . . _ , , _ . , _ _ < . _ ~a _ ~ ~ Y ~ °