HomeMy WebLinkAbout2373 To plac~ and continvoualy keep on tM b~ildinys eww a ha~aftK sih?~N on s~td land u~d on dl ~vipnwnt and ptnonally cov~red by thJ~ nwnp~
p~, with a!1 pr~miaum thNeon paid tn fvU, fin iiuuwr?c~ in ~he ~nual uandard policy fwm„ in a ~ss*? approvsd by ~F+~ MORTGAGEE. •nd wieditonn
irq~xancu !n ~M uswl s~anda~d pol~cy fa~n, in • sum approwd by tM MAkTGAGEE, in wch cortipany a compu?ip at tFw IYtORTGIICsEE m+y
dirMi and ~11 fir~ u?d windsrorm i~?swu+~ potkies on arty of said bvild~np~„ ~ny inNnit fi~sfn o~ put therwl, in tln ~re9a~~ wm ~fo~aaid a
in ~xc~ss ther~of, shsll ca+tain ~i» uswl ~~u~dud mort9pN clws~ a such o~ha tlav~ p tM Matppe~ m~y ~eQu'a~. makinp ~M loss undN s+id poli~
cies. ~ach and ~wry. WY+bi~ b uid MORTGAGEE ~s i1s inta~at m~y ~pp~ar. and tacA a~d ~very suth polky shal) be {xomptty au:pr~~d u+d delive~ed to
+ny h~W by sa~d 1KORTGAGEE u(~?nhu s.curiry ro s.d monyay. deW, u~d, ea1 I~ss tMn f~n (10) days in adv~nc~ of tF?~ expk~tio~ of sach policy, ro d.~
liw. ro s~id 1NORTGAGEE • raoawal the~~f, tvp~thK with a r~uipt fw tM p~miw+n of wch nnewal; and 1Mx~ aMll b~ no f'u~ w winds~orm te?twana
pl~ud on ~ny of s+id b~riid'ugs, any ii?ttKesf thK~ir~ or pat thtrtof, w?less In tM farm and wifh tM lost payabl~ as ~foniaid; uid tn th~ wa~nt aey wm
of ewney becanes payabl~ unds~ wch policy w pol;ci~a sak! N~ORTGAGEE ~hall h~w th~ option to rscoiv~ and spply tM s~ms on aaoum of rM ind~btd~
r»u Ncv~ed l+Keby a w pKmi~ s~id MpRTG/1GORS ro reoeiw and uss N w any part thereof fw o~lx. purposes, wirhovt tAa.eb~ waiving a impair•
inQ anY pvity, titn or ri~ht undar w by vktw of thb mort~p~j ~nd {n th~ tvenf s~~d MORTGAGORS ihall fa ~ny rsason isil ro kKp th~ said pr~mise~ ao
~nw~d, or f~Il to dttivsr promptly a~ny of said pclici~s of ieswanc~ to s~id MORTGIIGEE, o~ fail promptly to pay fully any pr~mium ti+Hefw or in sny
rosp~N fall 1o pKiam, dischuy~, ~x~cuts, ~ff~ct. oomplN~, comply wt~ ~nd abid~ by N~is cove,?ud, p any psrt herwf, s~id MORTC',qGEE m~y pl~ u~
p+Y fa wd~ inswants a any pa~1 Mwrwf witlaut waivinp w aff~di~g any option, IiM, equity, w right und~r o~ by virtw of this Mon~. ~nd tM
full a~novnt of Hch and~iwry auch p~yrn~nt sh~lt b~ i~vnacliaMty dw ~nd payabts a~+J sAatl beu tnte~est from th~ daM thsreof until piid at tM nt~ of
nins p~r centum pu aiuw,m and together with such intaest sMll b~ secund by tM li~n of this matyaqe.
I. lo pKmit, coemnit er wffu oo wast~, Imp~irenMt w dfiNlOfNlOf1 6} s~id propKty ar ~ny put the~eof.
S. To piy all ~+d sinQ~tar tM coari, cM?p~s ~nd ~xpN?sea, incluilinp a?ea~wubls attwney's fe~ a~l costs of ~bstracts of titls, incvrred w paid at
eny tirta by said MORTGAGEE, b~ca~sa a in the ewnt of fh~ failu~f on th~ puf of tF~e said MORTCsAGOR ro duly, promptly u+d fully p~rforrn, diuF?u~
execvte, ~(fen, compkn, eomoly with and abtde by e+d+ ud every the sfipule~ions, ap~eements, condiYans; •nd coven~nn oi said p.omiuory ~wre ar,d ~hi•
^art9+p~ +~Y a eNhe~. and sa~d costs. chupes and expenses, e~ch and wary, sMll b~ imn~ately dus ae+d piy~ble; whethN or not rhe.~ b~ notic~ ds ~
ma~d, anempt to colkct or wit pend;ng; and tM f~U smount of each and ev~ry such payment shall bear interest frwn the dat~ thereof until paid at the
rate of nin~ per oentum per anrwmj and all said costs, char~» and expens~s incwrad or p~id, topethe~ with zuch interest. shall b~ ~cvr~d F.y the lia~ of this
matpap~. _
d. That (a) in the ~vent of a~ breacl~ of this 1NortQaQe a defwl~ on the part of tl» MORTGAGOR, or (b) in the event any of w~d swnt of mon~y
herein referrtd to ba rat promptly ~~d fvly p~id wi~hin thirty (30) days next a~te? the ssme sever~lly becort~s d~e ~nd p~yable. withoW d~mand a notict.
or (t~ in ths event each ~nd every ths stipul~tions, a9r~ema?», conditions u~d coven~nrs of a7d promissory not~ and th~s mortpape any or ~ith~r a» no!
iulY, prompty snd fully perfwmed, d~scl~yed. executed, ~ffect~d, canp{~t~d, complied with uid ~bided by, then in ei~he~ a ~ny such ~wM th~ aaid aQ~
gregste wm mentia+ed in aid promisso?y nota then remaininp unpaid, witfi interesl acvued, uid ~II moneya xcvred hereby, shall becom~ du~ ~e~d pay.
able forthwith, or thereafter, at the option of said MORTGAGEE, as f~tly ~rd canpletey as if all of tha said wms of money were pr;giMlly stipulated
to be pa;d oe~ sud+ day. any!hirg in ssid prom~ssory note w in this to the contra. notv?irhsqndi
MorW+~e ry ny; and thereupon or thereaher at tM opYwn of
said IM~ORTGAGEE, witF+out notice w dem~nc~ wit at law or in pvity~ fA!(lFptf p~ tAelNftN bsgun. may be p?osecuted as if all ena~eya secvnd htreby
had matvrtd prror ro_its imtitution.
7. Th~t ~ the eve~?t tMt at the beginni~p of a ~t any tima p~ndin~ u~y suit upon this.Mortgage. or te foreclose H, or to refwm it, or to en{orc~
payment of ~+ny diuns herew+der, said MpRTGAGEE shall ~pply ro the Coun Mvi~g jurisdictron thereof fw the apFointrner~t of a Receiwe~, wch Court shal{
forthwith ~ppoint s receiver of said mortpaged propetty s0 ~nd sirgulu, includ~np all ~nd sinp~le~ th~ intome. profits~ issuy and revenues from whattwr
eourc~ derived, each and evcry of whKh, it bei~g expreuty u~ds?i~ood, is hersby mwtgaged as if specifically set falf? u~d desuibed in the prantinp and
habendum clavses hereof. and such Retsever sha0 ham all Ihe broad +~d effectivs functio~s and powers i~ snywife eotrusted by a Court to • Receivsr. and
such appointment shall be msde by such Cou?t as an admitted eqvity ~nd ~ m~tte? of absolute ripht to said MORTCaAGEE, and witFaut referertu fo ths
adequacy w inadeqv~cy of the v~lue of tF~s property mor~y~ged w to the sotvency o~ ;nsolvency of said MORiGAGOR or the defendann, and that ~h
r~~. profits, income, issues ~nd revenues shall be appliad by such Reoeive~ scoodding to the 1'~en o~ pviry of said MORTGAGEE aod the practios of svd~
8. To dvlY. Won+Pfly and fulh? P~~. ~h+~. execute. ~ffect, ow^Pkfe. ownP~Y with ud ~bid~ by each and ewry ths sfipulations, syresme~b,
co~xl;tian and coven~nrs 7n saw! promissory eaM and this mo~ryag~ set fonh. _
9. That in ~he evenf rhs ownership of tM morty~ed prsmiies, a u~y put thereof, beoomp vested in ~ pason othu Mwn ths ~y1pRTGAGpR, th~
lVIORTGAGEE, iri wccessors and assigna, may, without notice ro the MQRTGAOR, deal with wch succrssor or succeuw in inrerpt with reference to this
mwtyaQe and the deb/ he?tby secyred in the sarne rr?~rw~er as with Mwty~gp without in any wsy vitiatu~ p d'~scheryirg tM Mortg~gors• liabilify htro-
uncier or upon the debt hereby secured. No sak of the premises i~errby mwtysyed u~d no fabearance on Ihe. part of the MORTGAGEE or its suaessws
or auig~a and no extension of the time for the payment of the debt hereby securcd ~ivm by tl~ MORTGAGEf or its successots q assiprq, sl~p op~~~t*
ro release, dach+rge, modify cM~ge or sffecr the oriy;nal lisbil~ty of ths 1NORTGAGOR hsrein, eitMr in whole a in put.
10. It h specifically agreed tha~ time is of tM esxnce of rha ca+trac? s~d that no winer of ~mr obligaYwn harevnd~x o? e{ ths oWipation se,
cvred hareby shall at any time ti~er~after be held to be a waivr. of ths tarms hereof or of the ins~rumen! secvred herby,
1 t. In add~tion to the forego:ng monthtY paymentt of princ'psJ and inte~cst requi~ed by tbe promiuory no/e secured F~erebY, mort9agor tovenanri
and agrees fo pay ro mQrtgsgee with each monthly paymenf an additiona) wm estimated by mortgagee ro be eqwl ro 1/lZ af 1he annual cost of the fdlow-
in9: -
A-AO real property taxes kvied or assessed againsf the above described resl esrate.
B-Aiemeums on f;re a+~d windstorm insw~nce ss he~ein requ'aed to be carr~ed on the improvemcnta titwte on tM ~bove dewibed premises.
C-Premiums on wch mortgege gwranty irourante as mortgagee sh~11 from time to time deem fit to carry on the ban secured hereby,
Mwtgagee shail from timr to time ratify mortgagor i~ w~iting of the amoum due and pay~bk hereurder and such wm shall thereirpon be due and
payable on the due date of the next monthly payment aod each wcceuive month thercafter ur,til mortgagee shall notify mortgagur of s chaege in such
amount. $uch sums shall be spplied by mortgagee towsrd the p~yme~t of real propeAy tsxes, i~rance premiums, and mort9sye 9wranty inwrance
premiums. •
IN WITNESS WNfREOF, the saFd MpRTGAGOR hu hereunto set }rs hand aod ual the day ud yea{ finf afores~id.
~
JJ- the presa~os of: ~ 1
j~
~ .a~.n
~--n
n
~ rc~.n
STATE OF fIORIDA ~
courmr oF ~t- Luc+e ~
eefo.s n,. per:ona~y ,ppea,ed Pete V n a le
~r~a V~II Dt@l6 his wife, ro me well knawn ae~d known to ms to b~
the ineGvidwls dexribed in ~nd who exe~ted ths for G?strwnant, and acluwwledpad before me tMt tf~ey execvted tM sam~ fo~ th~ p~rrpw~s
rr,e?ein t~cQ.e~d. a~d n~e a~~ Marla Van D~e
w~re of f~+. said PQ~e Van Daele upor, ,,epar:te ,rd p,n„b
examin~tan by me tsken ~epsrste and apsrt fram her s~id husband. ~dcrwwle~ed to ~nd b~{p~ ~ t~ ~ execvsed s~id irtitrurt~t hsefy and volvn-
~arily ard wctho~t any oompulsan, coratr~int. ~pprehension, or fear of or frorti Mr ssid Iwsb~nd
WITNE55 my h~nd ~nd official seal this~~ dey of A. Q. 19~Q._
' - Nwary Pubtic ~ and ior th~ Stab of Norida ~t lsr~
Return Ta . 1Y~Y Carwnission txpir~u
NOTARr MIeLfCr AATE OF RORIOA AT t~fiE
First Federat S~nnps i toan As~acistion ~ ' : MY C1iAMIS;I7N EXPIRES S~ 1973
Of Fort Pierte. .tit;i:~us~t~r.,, ~ YOIIOEp TNNI fR~ w.
jwt Piate, flaids Ji ~ . r,~ . . , ' !
; .,,;......~1 = ~it.~o ANO RECOROEO'~
~ = = - ~
: , . . ST. LUCIE COUNTYwFLA.
- _ . . RFCORD VERlFIcD
This Instrument Prepared Qy J. D. ~he?~~~~~,. - n5~a~
First Federal Savings d~ Loan Auociation r- ; ~ = _ ~ ~ `Z~= " -~-v
" of Fort Pieras FIo~ ida ' Q
' ~ ` ' '69 NOV 3 bM I I :
~ ~ . .
Chedced By • . ~
C
b R ~~oc ~R ~,S
- a~~~~ p~~~'~ CLERK CIRCUIT COURT;
` cf
_ s s 'w ~ ~ -
~-~,a = - . `-~a ,