HomeMy WebLinkAbout0533 Z. To pl~n ~nd ca?tYxrously kMp on th~ bvildinp~ naw a Mr~+tqr Wtw» on ~aW Isnd ~nd an dl ~qulprtwn? and p~rwnally cownd by this na?p~ c
a~, wi~h a!1 p~miwm rA~r~on paid ;n iull, fin iniw~nu in tM vsval sand~rd policy 1onn. in a wn+ ~pprowd by tiw MORiGAGEE, aod wind~to«n ~
~n~x+oc~ in th~ tnual uandard policy (am. in • w~n ~pprw~d by tht MORT<3AGEE, M wcA company a con?p~ni~s a th~ MORTGAGEE may
di~~cU a~d aN t~n a~d win~barm ir~wu~o~ policiq on ~ny of s~id b~rildinpy any inMryl the~Nn o~ p~~l thtr~ot, in tM +pp~paq wm ~fa~wW a ;
1~ ~:c~s~ the~wf, ~A+11 co~t~in tl+~ ~awl d~ndard mortpapN ctaw~ or wch aF~ clws~ a tM Morlpa~ may rp~ih, rt?akinp t!?~ ~ots ue~d~ sa~d polF j
cies. tach u~d ~wry. p+Y+bl~ b ~aid MORTGAGEE a in int~r„t may ~pp~ar, snd Nch snd ewry wd~ policy ahall b~ prpnpfly us:pned u,d ddiwr~d to j
~ny h~ld by ~aid MpRTGAGEE as fwth~r setvrity to said mortpp~ d~W. ~nd. ~wt bss thae t~e (10) days in advanc~ of ~M ~xpiralion of ~ach policy. to da
tiver ro uW MORTGAGEE ~ renewal tMrwf, wp~tl?K with a nuipt to? th~ pnmium of wd~ ~~++~,n,a~; and ~ha~ ~hall M no fue o~ winds~o~m Inswanc~ •
pl~pd on any of s~id bvlWirqs, ~rty interest tMr~in a pir! tMrwi, untess in th~ form ~nd with tM bss payabl~ a afwetaid~ and in 1M ewnt ~ny wm '
of mo~y peco„»a pay~bl~ ~er wd~ polky a pol;c;K sa;d µp~TGAGEE shall h~w dn option ro tiaiw and apply ths s+me on accoun~ oi ~M ind~b»d- `
nsu ~cw~d hK~by a w pamit s+id MORTGAGORS 1a ?saiw and uss it or ~ny puf thsreof for orher purposes. withou~ thereb~ waivir?p o~ imp~ir- !
Irq ~nY puity. li~n w rght w~dn or by vGtw of this mortys~t and {n th~ ~vMt said N10RTGAGORS sM0 (or sny reason f~i) ro kaep the s+id pr~mius so
insured, or fall w deliva promptly any of ~ak1 policies of iniwu~a to saW MORTGAGEE, a fail promptly to psy iutty any premium therofor a in ~ny
resp~ct fd1 q ptrfwny d'eschaaye, e:~tut~, ~ffM, cony>INe, camply with w?d abid~ by fhit oovenanf, p anY part hK~ot, ~aid MpRTGAGEE may plap and
PaY fw such Inwr+nw or ~ny put tlkrsof without w~lvinp or ~ff~ctinp a+?y optio~n, li~rp pviry. w ripM undK w by vi?tw of ~his Mat9a~s, ~nd tM
full ~p~n1 of ~ach and ~wry wth paym~nt shall b~ immedi~t~ty dw snd payabl~ and ah~l1 bear intaesl from fhs da~~ thereof until paid ~t th~ ~ats ol ~
nin~ pe? oentwn pa amum u?d topether with wch intaest shall bs aecurod by tM lien of this mort9~ye.
1. To p~rmit, commit or wffK no waste. knp~kment or detaiontion of ~aid propKry or any pan thereof.
S. To. pay ~II a~d siepulsr tM oosts, chuqei and ~xpen~es inck?d'ug a reason~bk attorney's fee and aosts of abstracts of title, incuned w
any time by wid MORTGAGEE, lkcawe or In th~ ~v~nt of th~ failure on the pan of ths ssid MpRTGAGOR fo dul ,
ezecute, effect. compkts, comply with ~nd ab~da by tach ~~d every ths sti Y Y Promptly and f~lly perform, discha?~,
Y 9 panses, each snd ~~shatl b~e rimmed'ut
~dut and ~~Venann oi said promiuory ~ote and thii
matgape an w either. and said costs, cMr es ~~d ex very. ty paYable: whethe~ o~ not thae be notice de~
mant~ astempt to tolktf a wit pet~diegj u~d tM full atnount of eath a~d every suth paymeM slwll bca. interest from 1he date thareof ~ntil paid ~t the
rate of nine per centum per aiu~um; and all said oosts. cF?uqes snd expenses intvrred w paid, together with such interest, shall be satured by the lien ot tFe~
mwtp:~a.
6. That (sj In fhe event of sny bresch of this Mortgape w defauN on the part of the NIORTCsAGOR, or (b) ih the event sny of said sums of mq~ey
he~ei~ referred to be not promFtly and fully paid within thirty (30) dsys next after the same severally become due and payabk, withov~ demand or notice,
or in the event each and every the stipubtions ag~aemenrs, conditiora and cvvenanb of u~d promissory note and th~a mortgage any a either are nol
iuly. P.w.K,~y a~d f~,~h ~.fo.med, disch~rged, eaecuted, effecled, compteted, complied with and ~b~ded by, then in eithK or any such event tM aid a~
g:egate sum mentioned io said promiuory r?ate tha? remaining vnpaid, with interest attrued, and all morreys secured herebY, shall become dw and pay-
able foathwitly a thereafter, it the option of said MORTGAGEE, as fully and completely as if all of the wid sums of money were wiginally st:pulated
to be paid on svch day. anything in said promissory note or in fhis Monyspe to the contrary notwithstanding; and Ilxreupon w thercafter at ths option of
said AAORTGAGEE, withow notice w demand, svit af law or in equity, the~efora o~ thercaitet begun, may be prosecuted as if all rt~w~eys iacured hereby
had mahNed priw Io its institutio~,
7. TMt in the event that at the beginning of or at eny time penfiing ~ny suit vpoe~ this Nb?tgage, or to fweclosa it, w to refwm it, or to enforce
payment of any clsims hereunder, said N{pRTGAGff shsU appty ro the Cam having jurisdittion thereof for the appoirttment of ~ Reteiver, such Cour1 shafl
Forthwith sppoint a receiver of said morty~ged property all u?d :inpular, includmg all a~d singular the income. profits, issues snd revenues from whatever
source derived, each and every of which, it being txprtuly u~de~stood, is heteby mottgaged s~ if spetificatty set {wth and described in the granting and
habend~m clavses hereof, and such Receiver thall have a11 the b?wd and effettive functioos ux! povvers in anywise entrusted by a Court to a Receiver, a~d
•uch appointnxnt shall be rnade by wch Court q an ~dmitted equity ud a matter of absolute right b said MORTGAGEE, and without reference to ths
edeq~acy w inadequacy oi the wl~e of the property mortyaged or to the sohency or iosolvency of ssid MORTGAGOR or the defendants, and thal such
renr,; profin, incane, nsues and revenues shall be apptied 6y wd~ Rece;ve? iccordi~g to the 1'~en or eqvity of said MORiGAGEE and the practice of such
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8. To dufy, pr«nptty snd fulh perfwm, dixharge execute, effec?, complete, comply with arK! abFde by eath and every the stipulations, sgreemenb,
conditioos ud mvenants in said promiuwy note and this mwtgige set fwth. p
9. ihat in the event the ownenhip of the mortgaged premises, or a~y put thereof, beooenes veyte~, jn a person other than the MORTGAGOR, the +
MORTGAGEE, its avcceuors add assigm, may, witFaut rqtice to the AM1ORTGAOR, desl witA such stKCessoF ot sutcessor in interest with reference fo fhia ~
mortgags and tFK debl-hereby setured in the ssme manner as with Mortgsgor withovt in a~ y wa r'vitisting w diuharging f h e M
o rtgagors' lia bi lity h ere- i
under or upon the debt hercby secured. No sale of the prem~ses hereby mongaged and rq forbearanoe on the part of the MORTGAGEE or iri successon i
or suig~ and no extensan of the time fp the payment of the debt hereby secured given by the MORTGAGEf or its successors w auigra, ahall operat~ '
ro releass, discharge, modifr change or effect the wigina! liability of thr MORTGAGOR herei~, either in whole or ie part. ~
10. It is- specifically agreed that txr~ is of the essence of this contract and that no waiver of any obligatiw~ he~eunder p of the obligation se- (
cured hereby shafl at any time thereaher be hetd to be a waiver of the terms hereof or of the inslrumenl secured herby. ~
i 1. In add~tion to the lorego:ng monfh~y payments of princ'pal and intsrest required by the prom9uory no~e secured hereby, mortgagor covenants ~
and agrees to pay ro mortgsgee with each mo~thly paymeM an add;tional sum estimated by mo?tgagee to be equal to 1/12 of the annual cost of the fdlow- ~
ing: -
A-All real property taxes kvied or aursud agaiRSt fhe above described rea! estate. #
B-Premiums on fire and windstorm insurance as herein requ~red to be carried on the improvements situate on the above dextibed prem'ises,
C-Premiums or? suth mortgage guaronty insurar~ as mortgsgee shall frwn time to time deem fit fo tarry on the loan secured hereby.
Mortgagee shall from tirr~ to Y~me notify mortgagor in writirg of the smount dtie and payable hereurx/er and such wm shatt thereupon be due and
Fayabk on the due date of the r~ext monthly payment and each s~ccessive month thereafter urtil mortgagee shall natify mortgagor of a change in such
dmWflf. SlKI1 sums shall be applied by mwtgsgee toward the payment of real property taxes, insurance prem:ums, a~d mortgage guaranTy insurance
premivms. ' - -
IN WIThE55 WHEREOF, fhe ssid MOR76AGOR Fwy hereuMO set his hand and seal the day and yesr fint aforessid. #
Sig . Sealed del`iverad in the presence of:
~
•n
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STATE OF FLORIDA ~ ~
courmr of St. Lucie ~
i.
eefo.e me pe.sonauy.ppeared _ Greaorv L,atvsoA
Jar~?e F. L:~wson his wife, fo me well known and known to me to bs
the individuals descri6ed 'en ~nd who executed the fwe9oirg instrument, and adcnowledged before me that they e:ecuted the same for tMs purposes
theroin eapressed. ,e~,d it,~ ~ Jane F. Lawson
w~re ~ M,e Gregory L. Law5otl upon a sepu~te ~nd priv~t~
examinatan by ene take~ separate and apart from her said husbsnd, sduwwFedged to ~nd before me that she executed said instr~ment _freely u~d volur?- •
rar~ly and without uiy compulsio~, cortstraint. apprehension, fe~r of or from her said Iwsband.
W(TNESS~my hand snd official seal th:~ ~~S ~ ~
day of - un e A. D. 19_ 7~
Ti.; -
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Aub~lic h? snd for th~ State of Ftorida at lu~
Retvm Ta . ~t~~ats~+~~~~~ ' ~I~IARf-~PU~e~~'~ ~t011 AT ~
First feder.~ savi a los~ Auod.?ion - G.`
O
M M I S
S t O
N D tPIRE3 S~ ig»
~s G'sZ~ 1~. 0~
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Of Fort Pierte. ~v~;a! .r ~•~~~V 4~;~. ~ ~
fort Pierce. Florida e
~ ' :~?-~~~"'v ~ ~ FILED ANb RECORDED
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~N~
a~" ' Y'.' :t k ~ ~
- - "s'y~~~ ST. LUCiE COUNTY. FLA. `
,
_ F~r•~rOPD VERtF~Fp ~
~ ~ ~ ~.J~~S=
This Instrument Prepared By John f~~~,}~ ~94Ei08 . ~ ~
First Federal Savings E~ loan Association : ~ ~jo ~C~,' t 5 ' •
of Fert Pierce Florida y.' - ~ ~ • 5 '
_ , , ~,~f' cv
_ ~~'~itr•'..~~s~..?~~. ~ `
C~1~CEd B~/ ~ , a~
=:O:i~R r lTR:,S
CtERK CIRCUIT COURT'
8oo~x ~85 ~ 5~3
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