Loading...
HomeMy WebLinkAbout2082 . + ~ To plac~ ~nd contir?vousty k~ep on tM butldinps now or Mr~+ft~r ~itwt~ on iaid I~nd and on all equipm~nt ~nd pe*sona~ly cova~d by this matp~ p~, with all premivmi the~eon psid in full, tin insut+nt~ in ~M usuat s~andard policy fam. in a tum approv~d by tM MORTGAGEE, and wind~twm ~ iniu~~nc~ i~ tiw uswl standard poi~cy fam, in • ivm approv~d by tfN MOitTGAGEE, in s~ch compa~y w comWn~ts u the MORTGACsEE may ; du~dj ~nd all fl~~ ~nd wirx~sto~m irnu~ancs policies a+ +ny of said bui{d~nps, any in~a~st tMrein w part tMreot, in tho sy9reyaie sum afaesaid w ~ n In ~xcsss ~Mreof, ~hall contain ths uwal uandud mortpapK cl~us~ a such o:he~ clauss as tM Matya~ee may rcquirs. makirp ths loss unda s+id poli~ cie~, tach and every. p+Yabk a said MORTGAGEE ~s its inte~est may +ppsar, and each and wery s~ch policy ihall be promptly ~a:y~ed and detivered ~o ~ny held 'oy ~aid MORTGAGEE ss further seturity to uid matyay~ debt, snd, not leu tMn t~n (10) d~ys in advance of ~he expiratron o1 each poiicy, ro dr livtr to uid MORTGAGEE a ~a?ewal tlxrsof, to~tlwr with a rccapt fw the premium ot svch renewal; and there shsll be ra fin w windstam iniuranc~ plated on ~ny of iaid bvitdings, ~ny inter~st tMrein ot put tMreof, vnless in ~he fam ~nd with ths loss payabk as afaeiaidj and in tM tvsnt a~y wm uf money becpnes payable ~nde~ such policy a policies s+id MORTGAGEE ihall hsw tM option to receive and appty tM same on account of ~ti. ind~bte~ Mss sCtvred hatby o~ to permit ssid MORTGAGORS fo reteiw and use it or any part thereof fw othcr purposes, ~vithovt thxeb~ waivi~ig or ~mpair- ieg any puity, li~n or ~i9h~ uode~ or by virtw of this mortps~e; ~nd i~ ths ~vent u~d MORTGAGORS shaU for s~y reason ta~l 1o keep the uid premi~ea w insured, w feil W deliver promptly a~y oi said policies oi iniurance to said MORTGAGEE, w fail promptly to pay fvlly a~y premium therefot or i~ ~ny r~spact fall to pafam, diuMrge, execu% ~ffect, complete, comply wi~h a:~ a!.kls by this covenant, a+nY part Aareof, said MDRTGAGEE may place and paY fw svch inwra~c~ or ~+y part tMreof witho~t w~ivinp w~ffMlnp sny option. lien. eqv7y, or ri9ht vnder a by vir~w of this Mor~~+~, and the fuU amouM o{ ~ach snd ~wry wch payment sh~ll b~ immediately dw and payable and shall bear interest from ths date thereof until paid a1 tM rat~ ol nine per ce~tum p~r annum ~nd to~ethet with such i~terest ihall bt secured by tM lien o(.this mortgage. : 1. To permit, commH ot wffer no wast~, impairment a detarioration of s~id propKty w u?y put thereof. ~ 5. To p+y all and sinpulu the cosb, charpes and expensea, includinp s reasonabk attwnty i fee and cosrs of ~bstncts of title, incuned w paid ~t sny tune by said MORTGAGEE, becavse or in tM ~vent of th~ failure on the par/ of tM said MORTGAGOR to duly, prompNy ~nd fully pe.iorm, d~uhu9a execut~, effcd, compkq, comply with and ab~de by ~ach ~nd every the sti~wlatiaa, aQreemenb, conditions. +nd covenants of said promissory note and thN monyage any w eithe~, and said costs, charyes +nd expenses, each ~nd everyr, sFwll bt immedi~tely dw snd payaWe; whether or not there bt no~ice dr mand, attempt ro collect w wit pend~ng; and tM fvll amount of eac6 and wery such paymeM shall bea. _ i~teresl from ~hs dats thereof until paid N the rate oi nine per centum pet amwm; and all s+id tosts, thsr~es and expenses inturred or p+id, togethe? with suth iMerett, shall be satured by tF» lien of thif mat~pt. Q Thst in ths event of ~ny bresch of this Mwtya~e o~ default on ths part of the MORTGAGOR, or (b) in tFie event any of sa~d sums of n+oney herein referred to be not promptly and fvlly paid within thirty (30) days Mxi after the same sev~~ally becoms d~e and p+yabk, witFavt d~rnand a notice, or in the everit each and ewry tiw stipulations ~greemeMS, conditions and covenants of sald promisso+y note and th~s mort9sye any w eith~r ar~ nol ~uly, p?omptly snd fully perfo~mad, d~xharged, exeevted, ~ffected, compteted, compl~ed wi~h end ab~ded by, than in ~~ther w any such ewnt the asid a~ pregate wm mentioned in said promiasory nWe then r~iniag unpaid, with intuest acuued, and all moneya_aecured_ F~rebY. shall_becon+e dw ~nd WY' able forthwith, w thereafter, ~t the option of said AhORTGAGEE, u fully snd complctely si ii ail of tt+e said :ums of maiey were oriyiMlly stipulated ro be paid o~ such day, ar+ythiny in said promiuwy rate a in this Mortya~e to the con~rary notwi~hsanding; and thereupon or thereafter at the option of said MORTGAGEE, without ~otice a demand, wit at law w i~ eqvity, therefwe a thereafter beg~n, may be prosec~ted as if ~II mw~eya sewred hereby hsd matured prew to its iratitution. , 7. That in the event that at the be9inning of w at any time pending any suit upon this Mwtgags, or to fweclose it, w ro roform it, a to a+fora payment of any claims herevnder, said MORTGAGEE shall apply to the Covr~ having jwisdcction thercof fw the appo~ntment of ~ Receiver, wch Cowt sh~ll fwthwith appoiaf a receiver of wid mortpaged property +II +nd siny~lar. includ~og +nd singular the income, profits, iuues and revenues (rom whatever sourte derived, each ~nd every of wliich it bei~p expreuly understood, is hereby mwtgaged as if specifically set forth and dexribed in the g~antiny and habendum clauses hercof, s~d such Receiver shall have sll the broad ~~d effective funcnons and powcrs in anywisr enuusted by a Court to a Receiver, ~nd :uch appointment shall be made by such Court as an admitted equiry and a matter of absolute rigM ro said MORTGAGEE, snd without refe~ence ro ths adequscy or inadequacy of the vslue of the property mortgag~d or to the sonrcncy w insolvency of said MORTGAGOR w the defendann, ~nd that such ; rents, profits, income, iuues ~nd revenues thall be applied by such Receiver accwding ro tha lien w equity of said MORTGAGEE and fhe practiu of such ~ Courf. ' i 8. To duy, promptly and fully perform, discharge, e:ecute, eHect. complete, compty with and abide by each and every the stipul~tiaa, agreemenb, conditlons and coven~nts in said promissory note and this mortgage set fatfi. 9. That in the event the ownenhip of the mortgaysd premises, a anY part thercof, becomes vested in a penon other than the MORTGAGOR, tM MORTGAGEE, its successors and auigro, rt?~y, without ~otite to the MORTGAOR, deal with such succeuo? ot wtceuor in interest with ~efcrence to this mortgage and the debt hereby secured in the ssme manner u with Mortgagor without in any way vitiating or d~scharginy the Mwtgagors' liability h~rr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no !orbearante on the part of the MORTGAGEE w ib successors or augns and no extension of the time fw the psyment of the debt hereby secvred yiven by the MORTGAGEE or its successors w auiyro, shall operats to release, discharge, modify chsnge or affM the original liability of the MORTGAGOR hereen, either i~ whok w in put. 10. It is spec~fically sgreed that time is of the essence of this castrsct and that no waiver of any obligation hereunder or of the oblipaYan se- ared hercby shall at any time thereafter be held to be a waiver of the terms hereof a of the instrument secured herby. 11. In add'Aion to the forego:ng monthly payments of princ'pal and interest required by the promissory no?e secured hereby, mortgsgw tovet~anb and sgrees to pay to mortgagee with each monthly payment an addi+ional sum estimated by mortgagee to be equal to 1/12 of the annual tost of the follow- - A-All real property taxes kvied w assessed against the above deuribed real estate. ' B-P?emiums on fire and windstorm inswance as herein requ~red to be carried on the improveme~ts situate on the abore described premises. C-Premiums on such mortgage guaranty insurar~ce as mortgagee shsll from t:me to time deem fit to carry o~ the ban secured hereby. Mortgsgee shall from time to time notify mortgagor i~ writing of tl~e amount due and payabk hereunder and such wm shail thereupon be due s~d ~ payable on the due date of the next monthly paymem and each successive month thereafter until mortgagee shall notify mortgagor of a thange in wth amo~nt. SucF~ sums shall be applied by mortgagee toward the payrnent of real p?aperty taxes, inwrance prem.ums, and mortgage gwrsnfy inwra~ce premiums. IN WITNESS WHEREOf, the ssid ~RTGAGOR has hereumo set his hand and seal the day and yesr first aforesaid. Si . Seakd s li ~ed '~Ite presence of: ( n ~ ~ . j-:`''f,"`Y r'~ ~ d ~t : STATE OF FLORIDA . ` --':1.+'f counrnr oF ST . ~l.iICIE ~ ss. ~!lS~G`•~: ~ ~~~~z`1~ = Before me pen«wlly sppeared Warren D. Crai ; June B. Craia ~ - ~ his wife, to me well kt~wR~~li- a; ; ~ the i~dividwb dexribed in and who executed the forepoiny instrument, and scknowledged befwe me that they executed t~~e rt»?~M ex~.~d. a,a rrK June B. Crai ~_.s.i~ - . Warren O Czaia wif~ of the s~id • ~ ~ e:amination by me taken separate and apart from her qid hvs , acknowledged to +~d before me that she executed said iro~ .~M~~""_ _ ~ larily and without any compulsan, constraMt, ~ppre~san, o u of or from her ssid hvsband. ~s~ - wr~r,ess fi.,,d .,,d ~;,i • ~ da,, ~ Ma~cch a?. o: ~9-~, . Notsry ic in and fw ihe Stats of Fbrida at Larp~ . My Comrniaion ~xpires: Retum Ta ' First Fedenl Ssvirgs 3 loan Association or Fat P;e?~e. FYILED ANO RE TY ~~oMMas oN w~RES nov ~~y'r~w~ Fort PierCe, Florids S`• LUC~E COUN „DED TIIROYv^N ?REQ r1• n~E~TE~NOw~- R~.~o~?n v=~IF~E~ ; 1914`75 ' This Insirument Prepared By .J. D. Cha!~~Ai~ 2y p~ First Federal Savings b Loan Association V neF~~r"'_ of Fort Pierce ~ ~lorida ~ ~ ~p ROGER ~ O1TR~S Checked By - CL£RK CIRCUIT COURt: : sooK 183 PAGE208p : ~ _ . i ~ ~ ~ - } : - - - . ~ ~ ~ ~ ~ ~ ~ ~ 'S`. ,~SS~~,-x,~"` ~~..y '°'~'c.z" ~ ~/t"Y r s ~ . e~„~a'~.,~.~ -c. ~es, "~-es'"~ ~ ,x.~ ~ w '~~Ta+' ~.~~a~~-~ ~ 6 ~ r ~~~r ~