HomeMy WebLinkAbout2136 9. To p!~ and continvouaiy ka~p on tM bvitdinps now w M(NfiN sitwt~ on said I~nd snd on ~II equipm~nt and p~n«+ally covered by ~hi~ mat~
~g~, witA dl premlum~ theteon pald in full, firt i~suranc~ in tM uiual standad policy fwm, ki a ium approved by tM MflRTGAGEE, and wind~twn?
inauranq in tM vswi t~~ndard policy form, i~ a arr+ ~ppioved by d?~ MORTGAGEE, le wch company or compania ~s 1M MO4TCsAGEE may
dirKtl and all fir~ ~nd windstorm inwru~ polkit~ on +ny of asid buiid~rqs, a~y inltreat therein a pirl tMreof, in tFw a99re9+te wm ~foreNid o~
in ~xcess thereof, sMli contain tM utual standud mortqa~ cta~s~ or such other clavt~ ~s tha Mortpa~ee may ~equ~r~. ma?i~p tM lo~~ undM sa~d pol~
cies. ~ach ~nd ~very. paYabl~ to iaid MORTGAGEE ~s ib inte~at may ~pp~ar. u+d each and ~very s~ch policy shall b~ promptly ~ss:yned and dtlivered to
•ny held by s~id MORiGAGEE as further security to s+id mo~tps~ debt, u?d, oot lesi Ih~e? ten (t0) days in advance of the expiiat;on ot esch policy, to dr
IivK to wid AAORiGAGfE ~ re~ewal tAer~of. topethu with a raceipt fw the premivm of such renewal; and the~~ shall b~ no fi~e or wind~~orm i~su~+nce
plaud on any of said buildinys. ~ny interesl lhtrlin w part the~eof, unlass In tF~ form aod wi~h ti+~ tou payabla as afores+ids +~d in Nw ev~~t any sum i
of moMy becornes p+yaW~ under such policy a potici~s s~id MORTGAGEf sholl haw ths option ro recaive and apply ths same on account oI tM indebted~
neu sscv~sd hMtby or ro permit ~sid MORTGAGORS fo rKYiw and vN it p any pu1 theraof la oihcr purposes, witlwul th:reb/ waiving o~ ~mpair•
in~ anr pvify, IiM or riqht unde? or by virtus of this mortpap~s ~~d in tM event uid MORTGAGORS shaN for any ~eason fail ro keep ~he said pr~misss so
insured, or tall b deliver promptly any of ~aid policies oF insu~uete to wid MORTGAGEE, w fail promptly to pay fully any premium therefor w i~ any
respecf fail b pNform, disthir~e, sxetvte, effeq; compl~fe, comply with a~d ibids by ihis tovenant, a u?y part Mreof, said MORTGAGEE may platt and
psy fa suth ieswantt ot u?y pirt thtreof witlw~t w~Fviny w~ffactinp any optan, Ikn, eq~ity, w righl under or by vihw of this MortysQ~, and tM
full amount ot each and ~wry such p+ymeM sh~ll b~ invmdiataly dw ~nd payabls and shall besr interest lrom tM date ~he~eof until paid ~t tM ~at~ of
ni~e pe~ cw~~.+~~~ a;~,;,.r. ~+~w with such interest ihall bs secured by ths IiM of this mwtgape. _
1. io pKmitl aommit or suffer no wut~, imp~irment a dete.iorstion of said prope~ty a any psrf thereof.
5. To pay all and sinpul~ the cotts, chsrqes and sxp~nse~, i~cludirg s r~awnabk attornsy • fee and wsts of abst~xri of titlt, i~curred w p~id ~t
sny time by sa~d MORTGAGEE, btcause o? in the event of th~ f~ilure on the psrt of the said MORTGAGOR to duty, promptly ~nd fully perform, d~uharyR
exetute, effatl, compl~te, tomply with and +bide by tacF~ snd evay tl+e stipulatioru, agreements, corKlitiom, md covenants of said p~omi:sory noro a~+d thw
monyape any w eitha. and ia;d cos». chupes and expenses, each ~nd every, shatl be immediately dve and payable; whether o~ ~ot there b~ notice ds
mand, attempt ~o colkc~ a wit pend7nyj snd ths full amount of each ai+d rvery svch payment ihall bear inrerest from rbs dare rhe.eof vnN~ p,fd at rhe
rate oi nine per centum per aiuwm; s~d aN said coata, cM~yes and exponses inaured or paid, together with such imerest, shall b~ setu~ed by th~ lis~ of thi~
mo~tpa~.
6. That (s) in tM ~vent of ~ny br~ach ~of this Mortg~ o~ default on the pan of the MORTGAGOR, o? (b) in t!?e event any oF said svma of mwiey
herein refared to be not promptty and fully paid within thirty (3p) days next ~fter tl+e same sevaally become due er?~ payabls. without dcmand a notice,
or (c~ in the event each and eve?y ths ~tipulasioi+s, sgraemenn, conditions and mvawnts of said promissory ~ote and ~his mor~ya9e any o~ either ue no1
iuly, promptly and futly perfwm~d, discFMryed, executed, tffccted, compteted, complied with a~d abided by, than in either w ~ny such ev~M ths said ~g
9regeM wm men+ioned in -said pro~nissor~r- nete thet? tan+aaininQ unpaid, with imerest acvued, and all ma?eys secured herebY, shall becom~ dw snd pay-
able fwthwith, w thereaftN, at tM option of said MORTGAGEE, as fuly and comple~efy as if atf of the wid aum~ at money wero oriQimrllr ~tipulated
ro be paid on s~xh day, anythinp in said promissory rate p i~ this MwtpsQe to the contrary ~otwithstar~ding: and fhereupon w therea4ter st th~ option of
said 1Nt)RTGAGEE, without notite w dtm~nd, suit at law w in eq~ity, therefare or the?eafter beguo, may be ptosecuted u if all a~w~eps ?ecvrd hsteby
nad m~~wed P.~« ~o cn Msr~wran.
7. that ihe ewn? ~hat at the beginning of ar ~t any time pendirg ~y wit upa+ this Matgage, or to fweclose it, or to reiwm it, or to enfwc~
payment of any claims he?euoder, iaid MORTGAGEE sMll spply to the Court having jurisd~nion thereof iw the ~ppoimmee?t of a Receiver, wch Cou~ shsll
fathwith ~ppoint a receiver of said mwtya9ed proQerty ~II and singular, ir+ctud~ng afl and singvlu the incort~q prol;t~, iuues u~d rovenues from whatever
souru derived, each and eve~y of whicFy it beina ~xpreuly understood, is hereby mortgaged as if spetif~+lly set f«th and described ie~ the 9~antinp and
habendum clauses haeof, snd ivch Receiver shall have ~II the broad and effective funa~ons and powers in anywiu entruttcd by ~ Coun to • Receiver, and
such appointment shall be made by wch Covrt u an admined eqvity and a ma~ta of abwlu~e right to s~id MORTGAGEE, ~nd withoul rofercnce to tM
adequacy w inadeqwcy of fhe valve of the property mwtgaged w to t:x whre~cy or insolvency of said MORTGAGOR w the defendants, and that such
reMS, profits, income, iuues and revenues sh~il be spplied by s~xh Receiver according ro the lier~ a eqvFty of said MORTGAGEE and the practice of such
Covtf.
8. To duty, promptiy a~d fully perform, discharge, execute, effect, aomplete, comply with ~nd abide by each and ewry tl~ stipulatio~s„ apreemenq, ~
condifions and covenants in said prom'wsory note snd this mort9age set forth. ~
4. That in the eveM the ownership of tt~e mortgayed prcmises, w any part thereof, becomei vested 1~ a penon other tbsn the MORTGAGOR, th~
MORTGAGfE, in suctessors and assiqns, may, without notice fo the MORTGAOlt, dea~ with wd~ successor, or wccessor in interest with reference ro this
mortgage and the debt hereby secured in the sams manne? ~s with Mortgsgor w~thout in any way vitiatiog or d~sclWrging the Mortyagors' liability htrt
unde~ w upon the debt Aereby secured. No sate of the premises hereby mortgaged and ~o fpbearance on the psA of ~he MORTGAGEE cx iri wtcesson
or au~gns and no eatension of the time for the payment of the debt hereby secvred given by the MORTGAGE~ w its iucceuors or ~ssigns, ~hall operat~
ro relesse, discharge, modify change w affect the origin~l iiability of the MORTGAGOR herein, either in whole or in psrt.
10. It is specifically agrred that time is af :`.o- :.c..^se !+f ~Fees coNract ~nd that no waiver of any oblgation hereu~r or of tM oblipation sa-
tured hereby sF?sll at any time ti~ereafter be I~eld to be a waivtr of the terms hereof w of the instrument sncured herby.
11. In add~tion ro the forego:ng monthly paymenn of pri~c:pal a~d interest required by the promissory no~e secured hereby, mortgsgor covenanri
a~d ~grees to pay to mortgagee with each monthiy payment a~ addiriona! sum estima~ed by mortgagee 1o be equal to 1/12 of the annual cost of the follow-
'ng:
A-All real property taxes levied or assessed agai~st the above described resl esute-
8-Premiums an fire and windstorm inwrance as herein requ;red to be carried on the improvemenfs sit~ate on the above dtscribed premises.
C-Premiums on such mortgage guaranty inswance as mortgagee shal! from ~7me to time deem fit to wrry on the ban secured hereby.
Mortgagee shall f~om time to time notify mortgagor in writing of the smount due and payable hereunde~ and sucfi wm shall thereupon be due and
payable on the due date of the nex* monthly payment and each svccessive month thereafier until mortgsgee shali notify mortgagor o( a charge in such
amouM. Such sums shalt be apptied by mo?tgagee toward the psyment of roal property taxes, insurante prem:ums, and mortgaye guaranty insur~nca
premiums. '
WITNESS WHE EOF, the said MORTGAGOR h~s i+ereunto set ha h~nd and seal tix day and year fint aforaaid.
x' ' "''~'t a °f: ' FtLEO AND RECQ~tp~'Q~ ~ ~
ST. WCIE COUNTY. F' ~
RECORD VER~FiE n
'~(jr1C, QM,~
~70 ~ ~ ~s~.n
I~RR AM 9 . 3g
STATE OF fIORIDA ~
~ ss. Lucie ~ 1915i~
` 4 G E R PDI7RAS ,~,d
! Before me perwnaly aQpeared Will~ F. BZBl~ - •
i .~1~C~}I 1• ~2@Zl t u
s w i f
e, t
o m e w
s l l k n o
w n a n d k
n o
w n t
o m e t
o b~ ~
I the Ind;ridwb descr~bed io and who executed tha farspoinp instrument, and acknowted~ed befwe me that they executed the sams fw ths purposes ?
r?~e.e&? exp.essed. /1nd the s.~ Judv I. Bzeli
' wife of the asid W~i~`~ F• ~Z611 upon • sepuate and priv~t~
ex~mi~ation by me t~ken separate s~d ±tir! From her s+id husband, adcrwwtedyed fo ard before me thst sha execured said instrument freely uid volwr ~
~ ra~ily and witlaw +ny compulsio~. ;orutraint, apprehensiQ~o? feu of or from her said husb~nd.
; _ - - -
! WITNESS my hsnd and officisl seal thy ~ - - - day _o~ _ r ~ ~ - - - - _ - --~A. -19~~ -
~
~
t
Notsry P " in and fp the tate of FJorid~ af lupe
Return Ta Mr 'u'O^ e~~ ~i /97/
Fint Feder~l Savi?~gs a ~oan ~?s.ocN~~ .~t1~~~t~~ ti~~~~i~~ :;ttry Pub6t. Stak of Florida ~t
Of Fort Pierca ~p~,~Y ~~`''l.~y~. ~
~~I - ~ ~OA{l11K
fort Pierce, f(orida r^y. r, ~v.. r SIOG Ex~ls ~11~, 6, ~yn ;
r:, 'y{~ ~ ~i' ~M44 i1t a~~ fiD ~ fr1I1~ ~
J,,,- ~
; ~':~:=~Q~~-~~t~r~. ~ ; . i
~.r.-~ p~~_~:•; ~ ~ p_4 _'7, ~ ~
This Instrument Prepared By John W. Col :~~p~~j~~~'c`: `
First Federa! Savings b loan Association i~ o ~
of Fart Piercq Rlotida '.rp'~:~~4~:'~: E~~~
' 1•
L`~` '~ijVO'••.......•.
i
Checked By - . s,~~~ Q-. - ST~~E~
BOOK P~1~~,,1e~+~
. . . c.f f
~ ~
N ~ , - - -
~ ~ -
.~^h. : i ' .~s~`~ ~r
.~.~T
~ '`~'~-~T,~*~~~~.-~ _ . _ ~