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HomeMy WebLinkAbout1523 1 ! f 3 . ~ ~ t ' S - ' _ ' t . ~ t i To piau and contirwou~lp kNp on th~ buildinpf ~o~w ot M+e~ffK ~ifwt~ o~ s+~d land ~nd on all puipmMf ~nd pNSOnally tovKed by N+is enal¢ : pR. with ~il prsmiums ther~on p~~d in f~ll, fin insuranu in ~h~ ~swl ~tandud policy fwm, in a sum approwd by rM MORZGAGEE. and windat~xm inswanc~ in th~ uswl ~unda?d poGcy ian~, in • sum'ipprw~d by tM MURTGAGEE, in such comp~nY a ta"P+^'n +s ~M MORTGAGEE m+y dlncts ~nd all fin and wi~+d~ttorn? ieawuia policiy a+ ~ny of Nid bN1Idi1~{~ NIy II11Hfl1 tllNfi~1 Ot pNt iFNfp}, in•ti+~ apy.eyat~ sum aforaaid w ' In ucceu Iherwf, iMll conain tM uswl iqndud ~~9+pM clavs~ or wch aF~ clw~ u th~ MortyaQes may rpu'u~. m~Ainp tM toss ~~+dK s~id po1F ; ciN, ~ach +nd ~wry. p~Y•bM a ~.id ~ORiGAGEE u in intersst m~y ~pp~a~. and ~ach and ~wrY such Pciicy ~hall b~ promptly ~u:9ned ~nd d~livK~d ro u+y MW br wid MORTGAGEE a fwtMu sewrity ro s~k! mortps~ d~bt, u+d, not ku tiwn ten l10) days in advaou of tt» ~xpiratwn of each policy. ro dr IivN ro~aid MORTGAGEE • re~ewsl tMreof. top~~ha with r~c~+pt for tM p~wniwn of wch ~en~walJ and ther~ shall b~ oo fir~ w wind~~am inwwnu pl~pd on sny of s~id hvildinpa. ~~y int~rql tMrein a pan ther~of, unless in tM fam and with Ihe Ioss paY+bl~ u ~fwesaids ~~d in tM evam ~ny swn o{ ~y ~a„N~ p~Y~ und~ wd~ polyry or polic;ss ~aid lNORTGAGEE sMil haw ths option to rec~iw and apply the ~xn~ on +ccou~t of the indsbted- n.ss s.cw.d h.~~by or a pem?N aaid MORTGI?GORS ro nc.iw ~~d us~ if w any parl Iher~of fa othcr purposes. without the.eb~ waivi~~ or ~mpiir• in~ anY p~;ty. IiM o~ ripAt w~dK ar by vitfw of this morty~p~s +~+d in tM ~veet aid MORTGAGORS sMq (a any resian iail w ksep the said pr~mi+es so inw~d. o~ fsq to deliwr promptlY a~y of s+id policits of insw~nc~ to s+id JNORTGAGEE. w fail promptly ro pay fully a~y premium therefar a In ~nY respeet fail a pufwm, d~scMrqe, axscute, ~ffM, compl~t~, comply with and ~bid~ by this mvs.+ant, a ~ny parl htreof, ssid MORTGAGEE may plac~ and P+Y fa wd~ La~uar~p or a+~y parf tMreof witho~rt w~ivinp o~ aff~ctirg +^Y oM~a4 ~jee. Wu~tY. or ripht under a by victw of thia Mwt~aps. a+d tM full anwued of sach and twry sucf+ p~ymMt ~MII b~ imnwdi~tely dw and p+yable uK! shall bsu Interest fran tla d~q the~eof vntil p~id st tF» ah o1 nine pK antum pM anew+m a~d topetha with wch interest shall be secured by tM G~n of this mortg+y~. 1. To p~tmit. aoirwd~ ar wffK no was». imP+irmtot a deterior~tan of said prop~rty a a~y part tF?er~of. S. To psy all ~nd sinpular tM coats, ch~ea and ~xpa?~a~ includinp + n+soMbl~ ~tta++eY's fse u~d costs of absnact~ of tifl~. Incvr~ed or pe~d ~t any tim~ by aid MORTGAGEE, b~caus~ w h th~ weM of tM f~ilw~ on tM pan of ~M s~id MORiGAGOR to d~ly, promptly and fvlty p~.form, dixlw.~ sxacvt~. ~ff~ct. complet~. comply with and abid~ by ~ach +nd every the stipulations, ayreerrK++n, condiriom, and eove~ann of said p?omiuory nw~ and thq mortyap~ any or sithe~. and said cotts, dw~es and ~xpsnses, e~ch ~nd every. shall b~ iinrnedi~tely dw and p~yabl~: whether or not ther~ be norio~ dr mand. anempt ro collact a wB pe~cl~rg; u+d th~ full amo~rnt of each ar~d wary wch Pavm~nt sh~ll bes. intere~t from tl~ dat~ thereaf until paid ai tht rate oi nin~ ptr untum par uuxxn; a~d all s~id ootri. chuyet u~d expa?ses intvrrnd o? p~id, topelher with s~rth intutst, shell b~ aetured by th~ IiM of 1Fw ^+ott~+p~• - 6. That M the ewnt of ~ny bnach of tha Mortyap~ or defavlt on tM psrt of tl» NIDRTGAGOR, w(b) in tM ~veM u~y of s~id swns of mo~ey hcroin referred to bs not prompfly and futly paid within thirty (30) days next ~fter the same severalty become dve and payabl~, without d~mand a notiu, or in ths ewnt cach ~nd ~vlry t!N ffipulatio~s, ayrNeMn1~ COnditions uid covenu+n of sa~d promiuory note snd th:s mortpape any w tilhsr an nW iuly. promptly snd fully pafam~d. d~scFw9ed, s:ecvt~d, ~ffaeted, campleted, comPl'~ed with and ~bided by. 1Mi+ in Nthx a ~ny such ~vMt IF~ ssid ~ gregat~ wm :r~ta~+ed in said promasay note then remainirp unpaid, with iroer~st scuued. and atl mor?eys sacvred Mreby. ahall beoon» dw and p+y~ abk forthwith, or thxeaher, at 1M option of said MORTGAGEE. +t fu~h +^d ~p^P~~Q~Y +s if ail of the ~aid wms of naney wen wgin~lty st~p~l~ted ro be paid on sud+ day. a~ythiny in sa~d prom'~ua~rY not~ or In this Mo?p+9e ro the conuary notwitlntandinp; snd thereupon or tMreafisr at the option of said MORTGAGEE, withow noYin or dem+nd, wit st law or (n eqviry, thueforo or Mereaher be~vn. m+Y b~ Pros~cuted at if aU moneys secvrd hereby had manxed pria w in inssi!uria?. 7. That in ths ~veot tMt st the beginnirg of a at any Yuew pendirg sny wit ~pon thb Mortyape, or to ~o?ecloa~ it. a to roiwm it, a fo ~nfo~o~ pay~nero of any ckims herevnder. said MORTGAGEE sh~ll spply to the Cour~ having jurisd;ction thereof fw tMe appointm~nt of s Recsiver. svch Coun sh~ll fwthwith ~ppoint a receiver of said mat9aped property all ~~d sin~vlu, indudug sll and singvlu the inoon+e, protits, issues a~+d nvenues from what~vet source daiwed, each and every of which, it b~inp ~xpressly ~nd~rstood. is hertby mw~gaged as if speciiically set forth u~d dewibed 'a~ the pr~ntinp ~nd habendum dausd hereof, u+d ivch Receiver sh+ll have ~II the b~osd and effective funct~ons and powers in anywise entrusted by • Cowt to a Rsosiva. ~nd such appointment shsll be msde by wd+ Cowt u an sdmitted equity a~d e m+tter of absdute right ro said MORTGAGEE, ind witho~t rcference to th~ adeqvacy a le?~deqwcy of the valw uf tfie property enwtp+yed o? w ~i+e sowency or insdreay of said MQRiGAGOR or the-def~dants, and-that-wd?--- - renn, prof;ts, income, issues a~d ~evenues shalJ b~ appliad by wd+ Receiver accordinq to the lien or puity of s~id MORTGAGEE ~nd the p~actio~ of such CouA. ' 8. To duly, promptly and fvlly perfwm, d'acharpe, execute, ~ffect, eornplete, comply with and abide by exh u~d ~very th~ stipubtions, apreemsnq, cor~d'itioru and ooveoan?s in said promissory not~ and tha matyage set forth. - 4.- ~F,st in -ths event tM ovm+enhip of ths mwt~sped premises, a any psrt thereof, becomes vested in a person other thsn tM MORTGAGOR, th~ MORTGAGEE, ih wcuuas ,rid essiyns.-mhrr-witlwut. aorice to the JNORiGAOR, deal with such wccessor or wccessw in imarest with ~efer~rKe to this matpay~ ared the deb~ hereby secwed in the sarm manner as witTi-lKortgsgor w~tlwut in_ sr+y_way vitNtirg or d~scharginp tl+e MwtysQws' liability Mro- unde? or upon the debt hereby secured. No sab of the premises hereby ~wrtyayed ~nd no fwbearante on the-put-ef~~. MORTGAGEE w in waesson or auigm and no extension of tl+e tirn~ for ths pyment of the debt he~eby secwed yiven by the MORiGAGEf or ib successors cf assiqns,-stuHop~rats-_____ to release, dixharye, modify chanpe w affed t!K wigin~l li~biliry qf tta MORT('sNGOR I~ein, ekher in w1aM w in p~rb ~ i0. It is specifically agreed ~hat time is of the euence of this co~tr~et and that no waiver of any vbligation herew~der w of tM oWiyation se- cured haeby sh+ll at anr time tF?ereaftx be held to be s waive~ of the terms hercof a of the irutrvment s~cvred herby. 11. In add~tior? to the forego:ng monthlY payments of princ:pal snd interest required by the promissory rate secur4d hereby, mortgagor ooven~hq and agrea to paY ro mortgsgee witb esch monthlr paYment an addeYanal swn estimsted by mortQs9ee to be equal ro 1/12 af the annual coat of the follow- . . i A-All real propeny taxes I~evied or assessed againsf the ~bove desc+~bed resl estate. B-P~emiums on fire snd windstorm insurxroe as herein requ~red to be urrrcd on the improvemenh sitoate on the above de~vibed premises. C-Premiums on such mortgage gwranty insurance as mwtgagce shall from time to time deem fit to carry on the loan secured hereby. ~ Mwtgsgee shall from time to time notify mortgagw in writing of the amount due and payable hereunder and such wm shall tixreupon be due and paysble on the due date of the ~ext monthly payment and each wcces'sive month thereaftcv ur.til mortpagee s?wll notify mortgagw of a change in wch F f amount. Sufh wms sF.all be applied by mortpagee toward the paymem of reai property taxes, inwraoce prem;wro. and mortga9e gwrant~r inwru~tt ~ prertiiumf. [ IN NtI1NE55 W ~EREOF, the MORTGAGOR has herw~to set h~s hand and seal the day snd yeu fiint sforesaid. ~ Sea sn d in the presenos of: ~/D/"~d~ ~ r ~ ~ • - ~c.. ~ i € ~ STATE OF fIORIpA- - - - - _ ~ _ _ - - - _ ~o,,,,,,Y ~ sr. wcie . ~f«! ~~~~~y Claudia G. Soll, a widow ~ V~~, to me well known ud known to mr to b~ the ir?diridwy deacribd in and who ~x~cvted ths fwcyoin~ instrvmsnt, arw! atkrwwfedped btfon rrw that~Fw~ ~:eoulad the ss~ne fw th~ purpows therein szpna~ed. - ~ - , f...-. • - . X ~ ~r ,~V 1 ~ ' . , 3;';':~ t :t.ly~,~" WITNESS my h~nd Md officisl fN~ 1FMS day of u~~ t I • :~.~Y.' s ~?'~l _"r _ ` ~ Notary Public in and fot th~ ]1yR •---.y;u~f , ~ . My Conxniuion txpires: ~ .'~C • a ~ Retum Ta. ' ~ .~`-4;;;;'~=~- ; Fint Federal Ssvlnys d. toan Auxiation ~i _~r~ e~ ~ or F«~ v~~«e. FtLED AND RECOROED j:.- . ~ _ fort Pierce. F(aids i T. LUCIC COUNTY. FLA. s,> - •~^~~r ~'~U ~ , 191065 ~ -3. -7/ ~ This Instrument Pre red B Richasd K. Ka , ~ ~ i' 6 ~ First Federal Savings b Lo~an Ass ciation ~:u~~ , 3 P~ 2 ~ of Fort Pierce~ Rloiida Chedced By ~ 0 iT R:.S CLERK C~~r~11T COURT ~ t~ . ~ ~ ° R 183 P~15?.,~ ~ ~ ~ a ~ ~ 600K ~ _ ~ ~ - ~ ~ ~ _ _ . _ . . , . - ~ . : ~