HomeMy WebLinkAbout1440 .J. ~
Te pl~a a~d oon~iiwa++hr kNP on e~ b~s eow a IwwfNr ~ ow satd liwd and an dt .auipn~a ~e?d pKSOn~Ih? asvs~~d by M~ ~Mr~!
p~. wilh ~11 prMwrM 1Mt~ow p~id in iuq. fit~ MM~K~nq in 1M uwal afaedMd polin l~t~ M• aw~ appov~d bY the MORTGAGEE. and wMdNOrw~
Bwq~a M tM wuN a~ndi.d poGc~r fae~, in ~ w~ +PP~~ btl N~t MORTWI~'rf4 M~~P+^Y a co~s ~a +i~e MORTW1~iEE wwll
~t ~d iM ~INII aonuin 1h~ uswl N ~arqg~~ clxa~ wd~ WIMr da~~~lA Ma'tpap~~ ~w1? ~pu~.~w~+?~Y 11w loas wdK~PoIE
Is ~aaN Nwnoi.
dw ..d~ «d .v..y. arabb a.«d Mottc•AGfE «,n iiu«a~ m.r ~pp~r. a+d «d. aed w..~r wd~ po+rcy ~ b. pro~nph as.~wd .nd ddiwr.d w
aen? Mld b~r s~id MORiGAGEE as fw~Mr Mar~i~y b wW nw.tpap~ eMW. +nd. nw Iw~ Nyn t«+ (10~ dayf in advana of Nr e~pir~tion of ~ polity. ~o dr
tivM w s~id 11110RTGAGfE a nMwa1 dw~of. 1opNhw with ~~ipt ia fM pr«niww of wch r~new~1~ ond tMn shall b~ no f~n a windt~aiw wisw~nu
plaad on arn? d said AwWkg~. any int~r«t Nrr~in or pvt tMr~of. w~Mss in H~s ia~w ~nd with tM ba piysble a ~~onwidt and N tM tv~ ~n11• wiw
of nwn~y b~oon»s p~raW~ wdu wcA policy or polici~a said MORiG1?GEE shaH haw th~ op~ion b hoeiw and apply ~h~ sanr on ~ccoum of th~ ~d~ba~
nqs acw~d Mrd?y e~ a pamit wid MORTGAGORS w no~iw ~d uk h ar aeY P+M th~?sof M. or~v pwpwes, w~~hout ~hreb~ wa~vi~~q a a+~pair-
~+~+1~ ~b. Wn or riplu ued~. a b~r vk~w d Mr'i morsp~: Md in ~M w..a w~d MORTGI?GORS ~h+ll for ~ny ~~awn f~il ro kap ~he wid pnnws.a w
irow~d. a f~il b deliwr Promptlr +nY of said potiws d iraunno~ b s~id MORTGAGEE. or fsil Pra^P~b ~ P+~ f~?h +^Y Pr«^~ ~h~.~fw w in arhr
nsp~ct iail b pafonn, ~'ncl~x9~, e~ucuM ~fhc4 ~h• oomPhr wi~h ~rd ~bide by tlw ooweant, o? ae~r put M~wf. said MORTGAGEE nNy pl~c~ ~nd
paY fa wd~ imurano~ or ~nr pat tM~sof witlwul w~hrinp or aff~etieg any optioil, li~t4 puity. a rgM w+dM a by virtw of this MortQp~. snd tht
full an~t of sach and w~ry wd~ p~ym~m ~hall b~ imr~diately dw and p~yaW~ ~nd sh+ll bear 1r?teres~ hom th~ dats N+erwf u~uil paid n th~ rah d
nine pK ca?twn pK a+rwm and topetlw wi~h such -interest shall b~ sacwed by th~ li~n of this mort9ap~. .
4. To p~rmit, comn+it a wffa no wuh, impairmeM a detarior~tion d s~id prop~rty a~n~r prt tha~of.
S. To p~y ~II and sinpular th~ costs, char~ea +nd ~xpwws. incN+dirg a ~waybb attorMy's fM snd oosts of sbsnaca of titl~. iawred or paM a
~ny time by s+id 1NORTGAGEE. b~cau~e or h th~ went of the f~~lure on tht part of tt~ said INORTGAGOR w duly. P+a^Ptly and f~?Ily perfonn. d•schKga
execu». effect. owePlet~, oomp~Y with sod ab:ds by each and every the stipulations. +O+sarneMt„ oondition~. ~nd oover++nts o( said promissory ~ot~ and this
mortoap~ arhr or eitha. and said oosn„ cMrpes snd eape~ea, each and every, sh~ll be iewned'utsly dw ad payabls: whether w ~of Ma• be norice dr
rr~xKl. ~ttampt to oollecl a wit psndi~gt +nd th~ fi+l1 ~naunt of sad~ and e~ery wch p~jrms+N shall bsa. interest from the dat~ tlweof until p~id d the
rate of nine per c,~ntum per anwm; and sll said oosq. chuy~s +nd expanses inturred w paid, toy~the~ with wch iMaest, shall bt sewred by tFw lisn ot Nw
mottpsy~-
6. That (a) tn tlw w~nt of any bread~ of this Matg+9e o~ defwlt oei the part of ths MQRTGAGOR, a(b) in the event any oi said s~xnt of moeKy
hetein nferred to be not pranptly snd fvlly paid within thiAy (30) 'w~ next after the same sever+lh beooe~e due +nd P+yabk. withovt demand or notic~,
or in tl+e event each and every tty stipul~tiom„ sgreemants, c~onditions and oove~+nn of sa7d promissorr oote snd th~s mortpaye ~ny o~ eiN~er u~ nol
~uly, promptly snd fulh parformed, di~charyed, eaewted, effccfed, completad, canpli~d wi~h and abided ~ay, theo in either a any such event tM ssid ~g
preyste wm mentia~sd in aak! promissory note then remsinirp wpaid, with iMerest accruad, and all ma+eri secured hereby, aMll beaome dw and P+Y-
able forthwith, a tl~esfta?, st th~ optan of said MORTGAGEE, as fully snd complstely u if all of ehe said. svms of ma~ey were orgin~lly st~pulated
to be paid on svd~ daY, anything in said promissocy note a in this Nbrt~~pe w the contruy ootwithstsnding: a~d thereupa+ or thereafter at the option of
ssid MORTGAGEE, witFaut notice w dem~nd, wit st law or in quity. Merdwe w thereafter beyu~. may be proa~cvted as if ~p moneri secured hereby
Ifad emturad prior f0 ib initihitiof~.
7. That i~ ths ere.it tl»t at ths begiro+ing of w ~t ~ny tNne pendinp arhr wit upon thq Mortg~g~. er to foredose N, or to mfwm M, a to enforos
psyment of ~ny diuns hereunder, wid MORTGAGEE sh~lt apply ro the Gairt h~ving jwisd~ction thereof fw the appa~trneM of a Receiver. wch Court shall
forthwith sppoiM. a reoeive? of said mortyayet! proQerty all snd singvlar, indudu~g all and s:ngular the incaoe, profits, issues and revemxs from whatever
source derived. each and every. of whKh. it bei^0 exP~?eulY w~derstood, is herebp mwtgaged ss ii ~pedfically set forth ~nd dascribed in the ~ra.~tinp and
Mbendum clauses hereof, seid such Receivev shall Mve ~II the broad and effective functions arK! powers in anywise emrvsted by ~ Coun ro a Receiver. ~~.d
such appointment shall be rt?ade by wd+ Gourt n an admined equify ~nd ~ m+tter of absolute rigM b aid MORTGAGEE, ~+d without reference ro ths
adequacy a insdeq~acy of the vslue of thc property mat~~yed or to the soh~ency or insdvency .of_ s~id MORTGAGOR er the defendants, and that urch
rents, profits, inco.ne, iuues and ~evenu~s ahaU be wppliid by wch Reoei+rer accordinp to the Gen o? equity of aaid MORTCsAGEE and the practic~ of wch
CovA.
a ro d~w ~.a+~ry ~,d ~,iy a.ro.m, ~xK,?te, e~t~. ~~k. ~r ~r~ .~d .wa. by ew~? s?~?~ar~o~. ~.~+~++a.
~riom ana covaunis in :aid prornissory? nore ana ~his mo.t~e set fonh.
9. ihat in the evero the ownenhip of the mortgsyed preinaes, w any part tF~ereof, becanes vested in a penon other thsn the MORTGAGOR, tlv
MORTGAGEE, its wcceuo.s snd assigrn, m~y. wirhout notice ro the NWRTGAOR, ds~l wi~h such wocessor or wuessor in interesf with reterence to NNs
mwt9sge s~+d the debt hereby sec~red in the sune manner as with Mortgaga without in any way vitisting a dischuginp the Mwtgagors' liability her~-
u~+der a ~pon the debt hereby secured. No ssle of the premixs I+ereby mortgsged ~nd no fwbeusnte on the p~A of the MORTGAGEE w iri succesaas
or assigro a~d no extension of the time fw ti~e p~yment of the debt hereby secvred 9iven by the MORTGAGEf or iri wctesson w assigns, ahall operaM ,
to rekase, dixMrge, modify chsnge or affect the orig~nal Iiab~Gry of the N10ltiGAGOR heren, either ~ wFale w in part.
1Q It is specificsly agrced th~t time is of the essence of this oontract and th~t no waive~ of any obligstion herew~der or of the oblgation tr
cured hereby shstl st any time thereaher be hetd to be a w~iver of the terms hereof a of the instruneM secwed herby. -
11. In addition to the for~9o:cg monthly payroents of prin~ pal and inter~st required by the promissory note secured hereby, mortgagor tovenaMs
and agrees to pay to mortgagee with esch monthly paymen! an add~ranal wm estimated by mortgage~ to be eqwl to 1~12 of the annwl cost of the fdiow-
ing:
A-All real poparty taz~s Iwied w asltssed against the sbove descr~'bed resl eibte. -
B-Premiums on fire and windstwm irnursrxe as herein requ'aad to be carried on the in+provem~nts sitwte on the ~bove described premises.
C-Premiums on wch morf9sge 9ua?anty inwrar.oe as mortga9es shsll 6om time w tiqne ~`}it~te~carry or~the loan /16cvred hereby
''i Mort9agee shall from time to time notify mo~tgagor in writing of the amount d~e and payable here~x~der and such wm shall thereupon be d~re and
~ payable on the due date of the next mo~thty payrnent ~nd each succe:sive month there~her uotil mortgagee shall notify mortgagor of s change in such
amount. Such sums shall be applied by mort9agee toward the payment of rea) prope~ty t~xes, irwxance prem.umt, and mort8age gwrsntp insvrsnce
premn~ns' ~~/0~~ i
~ IN WITNE55 WHE EOF, the s~i RTGAGOR has hereuMU `~,LRa ~ea. fint .to.esaid.
~ a°'OfOQ °f° ~~~CORD VERIFiE
- - L - - - - - 1953~~ ~
v M. N[w e ~
_ . I~11 ~ Z6 ~ . e ~c ~
tNu~ilQS n
~TATE IOA • ~Tw ~
~ RO~~R ~('~RAS
~ St. i.ueio ~ CLERK ~iRCUIT QU_RT: - ~
Before me penon+lly sppearcd ~V~tl W• KN6~iQZ -_..t•~~v~p~u~~~~~i~i1. ~C
b ' i~-. : . .
~ ~~•~?R~+a•t~:' b.
~he inan?ja~.liedescr~e.a M.~a ,alw .~eaned th. f«egoi~g i~n~n.. .~a «krw~n?ka~ea befwe me th~t /f,~ ~tf~: t~aa~s;
therein s~cpr~s~ed. . ~ ~
, .
,i'~•`'. G - . . =Y
wITNESS m,? ha~a .na offici.r .e.~ th:~ -Zr - day of •T1i~ • ' /?:'A.~qrt~. -
. ~l.' _
• ~tiG~KJ1N"~~~~ ~ •.1 ~ - :
STATE OF *YeRIQA Notsry Public in ~nd for. the 51~N ~~~ij
~~1Y•~qe•
My cwmni.sa^ .~pi.~s: /2 - 3 ? - ~
COUNTY OF _ ~ ,
setors ~ ; , 11i~tb A. Mu~114z ~YM[
Y• : ' ~to erK well known ~od known to me to b~
the indiv' ' dewib~al ier i~+~C w!w ~x~wted tM forcyoirg instrument, and acknowkdped before me tFWt~ e:ecuted the ssme fw the purpoaes
rher+in: sxpreaed. ..M~,ib's:ta~ Jud3th A. Muell~z _
wif~ ~bf the seid:
~~--~Vf d~• MIiO11oZ • . vPon s aeW?ase ad pinrat~
exainiirtion b', wr f~ic~r?. sepirMe and apul from her s~id Fwsb+nd, scknowlad~ed b~nd befwe rew that she executed said imtrument freely ard volun-
tuify. and vr ~t poi~p~ikion, conqraint, +Pp?ehens~on. a fex of or from iwr said husband.
VYfTNES~.~mjr hw+d ~ad official,iafi thn a~ dar of A. D. 191~
' ..,-Y~ .si _ . ~ . -
,,r' . Naary k in ~nd for th~ a of Florida N L~r~e
~ ~ : ` My •~.q, ,
R~~ Ta ° R~ 185 1 DOROTHY P. CAMPBEII. MOtsry P~WC
Fint fedasl Savinps a t,wn Aswci.tan B~OK PA~E rpmmissionEx resJune]6,19~f ~ t
O( Fo~t Pierce. Y' ~ t
~ Fo.~ vK.ce. Florids 4
_
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