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HomeMy WebLinkAbout1527 ~ . To pl~n N?d aor?tiM+ovsh kwp on th~ buildinps raw a Mn+f~ ~itw» on s~id I~d a~d on ~II puiprtwnt ~+d pKSOn~lly cov~r~d bY tht~ mwt¢ witl~ ~tl pn+nivm~ tMrwn p~id in fu11, fin inavru+a in tM ~sw! Nardard. po~iq fo.m. In a wm ~pproved by tF?~ MORtGAGEE, and windstorm in~w~na tM uwal ~tandud po1K1? fan4 in a swn approvd by ~M MORTt3AGEE. in wsh con+W^Y «~^W^~ N+~ MORTGAGEE nuy dlnct~ aid all ib~ ~nd wE~rorm ie?swanw Polkies m any of said buildinpa,: anyE i~ta«1 eMr~in w pan tMrwf, in th~ app~p~q swn afa~saW a M~xaa tMrwf, ahall oo~taln the usw! stsndud mortyapM clws~ .a wch Mhar daua~. ~s th~. ~AOrt~+p~ m~y rpuw~. mskinp tFy lo~ urw~ s~id poli~ ci~s. ~sch snd ~wry. WYabh 1o s~id A10RTGAGEE as if~ intKqt may ~ppNr. .ud .+e~+ .~,d •~.~y auc~ Po~Ky .~~ii a r~o~+wh au:yn~d and d~livK~d ~o u~y Mld by wk! MORTGAGEE ~s fvnha s~writy ro sdd mo.tpap~ d~bfi, ~nd no~,lass t!~n f~n (10) d+ya in ~dvaece oi tM ~xpkatio~ of ~ach poiicy. to dr liva ro~aid MORTGAGEE • nnewal tMrwf, top~tF+K with ~ naipt for tl+s pt~enwA+ of wdi rtrywal~ ~nd tFw~ sMli i.3 no fi~e or windstam ienvranc~ plaad on airy ot aid buildinps, ~ny iotanst thenin a p+?~ tMrwf, unleas in.~4r `twm snd 'with tM Iws payable n aforessld~ and in th~ ewM aMr wn? of moe.y b.conKS p+yabl. w~d.• wah polky or poGc~.s s+id MORTGAGEE sAall Aiw ~h. cp~ion a rs~iw and ~pply th~ s~m~ on +ccount of tFr i~?d~bt~ ewsa atw~d h~nby ot b pKmN a~id MORTGAGORS fo haiw and w~ 11 or M?Y part therwf fw other purposes. without thxeb/ waivi~ip w ~mpair- inp anr puity, li~n o? rqh~ w~der or by virtw of this ~~~.xs~.p.:•++d in ~M••we~ s.~d MORTGI?GORS ~I+ail fw u~y r.aso~+ fatl ro ke.p rM ~+~d pran~s.s so Inwnd, a fall b d~liva promptly any of said policits of ir~w?ana ro said MORTGI?GEE, or fail promptN to par fully ~ny pr~mium thsr~for p in any re~p~ct fail b p~rfwny dischu9t. ~xecw~, ~N~d. compltM comply with a+d ~bid~ by Nds oown+nl, w ~ny pan her~of, said MORTGAGEE n+ay pl~ ~nd WY fa wcF~ irawano~ or W+y put tlarsof withow waivinp or ~ff~ctinp +nY eWion. ~ien. puity. w right wider a by virtv~ of tlas Maeq+v~. and tM fvll smow~t of ~ach ard ~w?y wch WYm~nt sh~ll M immedstdy dw ~od p~ysbb and shall bear intsrest from tFw dah thereof unNl p~id a ti+~ rat~ of nin~ pa antwn per am~m and toyether witA s~xh ii+rerest th+ll be secwsd by tM (isn of thi~ matp+y~. 1. To pKmit, oomrnit a wfh? na wast~, bripairm~nt a dets?ioration of said p~operry a u~y part thsr~of. S. To pay dt arw! sinput~r the ooa», charpa +~d ~xpuws. includ~^0 ~ ~~asa?+b~e atto?n~y's fs~ ae+d wsts of ~b~tr~cts of titte, incurnd w pald ~t ~nY tim~ bp ssid MORTGAGEE, b~caus~ o~ fn th~ ~wm of tlr failure on the pHt of tlw said MORTGAGOR ro duly. pranptly and 5`ully pe~lum, d~~du~ •x~cua. ~fhct. camplet~, aomply with and ~bid~ by ~ad~ and ewry ths st~pulationa, agreaments, conditiaa and wve~++nn o( uid promissory rat~ and thu mo~rtpa{~ ~ny w ~itFw~, a~d said costs, chupes s~d ~xp~n~es. e+ch and svery, sh~ll be inunediately dw ~nd p~yabb: whetlwr a not tMr~ be not~u dr m~nd, an~rtept. ro aoIIM o~ wit pKwlirg: ~+d tM ftrll amount of ssth •nd werY svch Wrme~t sh~tl bea. inreresl from th~ dat~ tht~eof vnNl p~ld ~t the rate of nk~ per oe~tvm per ~wwms and ~II said c~ts, ch~rpa and expMS~s incwr~d o~ paid, lop~ther with wch ir?tKat. shall bt s~cw~d by tM li~n of tha mort9+p~- 4. lhat (a) in the w~nt of ~ny brs~ch of this Mwt~+p~ or defwtt on th~ part of ths MORTGAGOR, o? (b) in tM ewnt sny of s+W wrm of ~no~ey her~in r~f~rrd to bs nm pranptly a~d fuly psid within tAirty (30) d+ys n~xt aiter tfie same wvaally becom~ due and payable. without dem+nd a notk~. or in ths ev~nt each and ~wry tM stipvlatioro. ~yr~~re~nts, oonditions and coven+r?ss ot ~+~d Promi+swy rote and th~s morroap~ ~ny or either art no1 iuh. P~~P~Y and fully perfweNd, d'acharya~l. ~x~cw~d. ~ffected. canM~ted, canpliad with:and sb~ded by, thsn in ~ither o~ any wch ~wm tM s~id a~ 9repa» wm meenioned in aid promissory not~ then rNnsininp unpaid. witfi ir?tersst aarued, and all moneys secu?ed hereby, shall b~come dw and pay~ abb forthwith, a thereaftN. at IM optan of said MORTCsACaEE. as fvlly ud completely as it all of tF+e said sums of mon~y were wigindlr stipulsted to be paid on such day. anythinp in s+id pran7ssory rwH or i~ this MortyaQ~ to the conrr~y ~otwithstsndinp; and ths?eupon or thercafta H th~ op~ion of •sid MORTGAGEE. without notia or demsnd, wit at I~w or I~ puiry, tF~erefon or thereai;r bpw~, may be prosecuted as if ~11 nantys s~cw~d ha~by had m.nmd pnw ro in inst+n?tion. 7. Th~t in tM want that at ths bsyiMinp of or at a~y tierK pendl+g K+y wit ~rpon thh Mo.tyaye, w to foraclose H. o~ ro nform h, w to enfwa~ paym~nt of snr daims I+sraunder, aaid MORTGAGEE shall ~pply ro tM Court Mvinp jwisdiction tl+ereof fo~ tFa ~ppointment of ~ Reteiver, wch Cowt shall fwthwi?h sppoinl a receiver of said mortyaped poperfy sll and sinpular, includ~np al~ and singvlsr th~ income, profiq, issves and reverxres from what~ver •ovrce darived. e~d~ and erery of whKh, it beiop ~cpresslY undentood, is hercby mortgaged as if spsclfiully set f«~h aed described in tM 9rantirq and hab~nduen tlavsa hsreof, and wch ReceivK shall F~ave sll tM broad u~d effectiw funct~ons and powers in anywKe entrusted by a Court to a Reuiwr, and •uch appointment sh~tl be mad~ by wch Cowt u an adndtted equity and s errner of absoluro ripht ro said MORTGAGEE, and withoul rifermc~-to--th~ adeq~acy or in~deqv~cy of the valw oi th~ property mort9+g~d a to the whrency a insolve~cy of said N10RTGAGOR or tM defendants, and tha~ wch rents.-profiti: incoms; issves and ~w~?wt-slrll-6e_ipplied bY-tech Rtts~yer accwdinp_to_the lieqor ~quity of said MORTGAGEE and the_practia of such CouA. _ - - - - - - - - _ _ . - - 8. To dvly. pranptly and f~Ny pKfom+, d'nchary~. execvte. tffect. compkte, comply with ud abid~ by e+ch and ewry t1r sY~pvlstiaa„ ay~seme~b. conditant aed covenar+ts in said promis~ory note and this mort9age set fwth. ~ 9. TMt in the eveM the ownership of ths mort9+ped Premises. a~ny part thcreof, bea+n+es vested a person otlwr thsn th~ MORTGIIGOR, tM MORTGAGEE, in s~ccesson +~d aulgas, m+y, without noiice io tM MORTGAOR, deat with such waeswr a successor in intdest with ~efertnu to this mwty~ye and the debt hereby secured in tM ssmt manna as with N~orty~or w~tFavt In any way vitiaYu~p a dixharginp th~ Nlortpagoq' li+btlity hsr~- under or upon the debt hereby secured. No s~le of the premises hereby mortyaqed a~d no fwbearsnoe on the paN of the MORTGAGEE a iri suocessors w ~ssig.n snd no eztension of the tims fa il~a parment of the deb~ he~eby secured yivcn by the INORTGAGEf o? in succsssoa or augm, ahall oper~M ro rekas~, dixh+r~ nadifp chanp~ a ~ff~ct tM wipin~l liabil~ty of tF~ JNpRTGAGOR herein, ~ither in whoM a in part. 1Q It is specifically s9reed that time h of tM essence of this contr~ct and tFyt ~o waiver of any obligstion herew~der a of tM obliy~tion s~- cursd h~reby ahalt at iny tim~ the?es(t~c b~- hdd to b~ a waiva~ of tM terms hereof or of ehe iratrvnront ~ecured haby. I1. In additan to the forego:ng monthly paYmmts of princ:pal and interest required by Yne promissory note secured hereby, mortQagor aovenuih and agrees to pay b mortysgee witb esch monthly payment an ~ddiriooal sum estimated by mortyagee to be eqwl a 1/12 of the annwl cost of the fdlow- ~ A-All real prope~ty taxa Isvied or sssessed apainst the abovt dewibed real eslste. - B-Premivms on fire and windstorm inwranp ~s herein reqvued to be urried on the improvements situat~ on ti+e sbovs dcwibed premissa. C-prcrn;ums on such mort9age guaranry insurance u mort~agee shall from t~me ro time deem fi1 to csrry on the loa~ secured hereby. Morfysgee shall f~om ti~ne to time notify mwtga9or i++ writirg of the amount due u~d paysble hereunder and svch wm thall the?evpon be dos u~d payabl~ on ths dve date of the ne:t monthly payment sod each successive month thereafter urtil mwtgagee sh~ll not~fy mort9agor of ~ chanp~ in such amount. Such sums shall be applied by mon9agee toward the payment of real property taxes, axwa~ce premiums, and mortyaye yuarsnty insurance pr~miurtK. i IN WITNE55 WHEREOF, the said MORTGAGOR h~s herwnto ~et his hsnd and se~l fhe dsy and year f'vst aforesaid. _ ` Sig Ssalad ac?d I' ~d in fM pres~nct of: ~ ~ / ~ ~ ~ ~e~i~%~fl.tt/ fs-`~ ~ ~--n ~ ' ~--o ~ ~ ~ ~ ~ STATE Of fLORIDA s - ST s--LUCIB SS' - COUNTY OF . - - - - - _ ~ ~~i~ Sarah Feldaan, a widow ~ to me well knawn snd knowo to me !o the individwlj desuib~d in and who ~~ucut~d tM fw~poinp instrurr~t, ud adcnowled~ed b~fan ms that~ euacuted the sams for tM pwpows ~ therein axpr~s~d. ~O~G ~ , ~ ~ ~ WiTNE55 mY lwr~! and offiaal Nd tNa f~~.G~ day d ~'IaZCh A. D. 19~Q ~ ~ ~ . +~Y' Pubtk in and fw tlr Stat~ of Horida d tarp~ f.onw~ioo expira: ~ Retum Ta . . . ~~~a~~~aNq~~~ .~t w~~ ~ATE Oi p~~~ 3 F~t F~lfi~ .SW~fl~f ~ ~OMI AtfOC1i110f1 , ~ ~ [i t ~~~•i!? ~jP'~ ~r `Y • ~~N{. ~ ~ ; , fG . • ~SS10N D(PIRES SEPT. 2~. 197~ Of Forf Pierte. t'~:- ` tt~/~'~'t1~1 E~. D~STELlIOR~ ~ Fort Pieru. Fbrida • • Jl~~l~~~~~ ` • 1 ~ ',#Q: ~'Q r ~:n~: . - ' . ~ • • . , ~ r~ ' lf.~.~ - ~ r~ t=~ ;~E-~~~'F.: FILED q ' ND R •~~r~: ~ ~cn~~:.~- ~ ST. I.UC1E ~ EeORp~p• ~ Richasd K., ,r, _ .;'~,;v 0 A ~ This Instrument Prepared By ~ f;c ..c~~ ~ jU~NTY,~ FL . • - ~ ~ ~ ~ First Federal Savings b Lonn Association :'s,. •:=!~s?>~,: ~s ~ . : w~; ~ • of fort Pierce , Florida -;~~y~b.~ ~•s~~ : _.~r;, ~ ' • ~ ~~~NtN1NtNt~`~,`,' " , , ` ~Ta ~ ' ~ Pfl ~ Chedced By ~ . ~ ~ Z s ~ ~ `'f'~f_~. ; p,--~,~ ~ doox183 P~~15?r6 c~~RK c,RCVi~ oouR~ ~ ~ t ~ = ~ ~ ~ ~ - _ _ - ; ~ ~ _ _ ~ _ ; ~ __w ~~r ~ ~