HomeMy WebLinkAbout1442 ~ s , , ~
10 pl~ta M~d t011ti1NqWly kNp 011 NN bu1WYf0{ now Or hM~ahM ~ifwN on M1d land and a1 ~II ~qt~ipmlM ~nd pMOnallr tovN~d bY ihl~ e?p1~
q~, whh ~11 pr~miwes N+K~on p~id in fvll, fih Maw~na h Hw vwat s~~rdwd poli~y (pn~, in ~ w~ approwd bp Nr MORtGAGEE, and vrind~~one
~wurM+a !n ~M wwl aw+dard poticlr fa~n, M• wm approv~d b~l tM MORTt3AGEE. in wch caryw~r or oompania as ~h~ MORTGAtiEE
dM~ctt ~nd NI lir~ adi wind~w~m i~aw~ policiM on ~ of uid buiWw+p~. ~np MN~1 lfwnin or pat Ilw.~o1. ie ths pp~psh w~n ~1aNaW a
in ~~01. ~AM! oontNn tlr ~w+l sandard +nappM clMn~ a wd~ o~ha clwN i~ N» M«p+pN ~y ~pvw. nwkinp tM ~ou wdM and poli~
c~.~„ .«h «d .v.ry. o+rabi. a ~.W MORi~iAGEE a fn M~.at ~n.y app.w. and ..ch «+d .w.y wd~ Poijcy .hau b. aom~~h .as:~+.d.«+d d.sw..d a
M+y Mld by said MORiGAGEE a furtfwr s~twify w~a(d mortpa~ drbt. snd. eaf 1~ thw~ he~ (1~ d~p in ~dvann of th~ uepir~lion oi ~sd~ Pak1?. M dr
Il~ra? to f+id MORTWIGEE ~ ~~wal ti-~:.-af; 1op~tMr with • noe~pl fa 1M pr~rnium ot weh r~wali and ~F~ sh~ll be no f'u~ a wind~~am ie?~wanc~
p~~ad an ~ny d saW bvildinpti any lntK~q thween or pa~f tl~~oi. w?lea~ in tM fo~m and wNh th~ las p~yabb a a/onsaidr ~nd in eM ~wnt ~ swe
o~ +na~r b.ron+p payaM. urd~ wch paky w pd;ws utd MoRTGJ?GEE shall Mw N+. optan a r.aiw «,d .pPy N+. s«n. on .ao~m of ~h. tnd.a.d~
Mss s~ewrd 1~~by a b p~3t said MORTGAGpRS to npiw and uw N a aor psn tMr~of fa ahe? purpwes, wi~hout tl*e+eb~ waivinq o~ ,~r.pair-
~+~N~ ~qwh. li~n or riphf und~~ or by vtrtw d thi~ mat~pet aed M? tM ~wnt Wid MORTGJIGORS ~hall (or any reason fai) w kKp tM wid prKnis~s w
insw~d a f~ll b ddiwr P~~WN +~11 of said polki~s of irawana 1o said MORTCsAGEE. ar f~il promptly to pay fully any pr~mium thK~for a in ~ryr
r~~ct fd) b p~rfornL disclwrp~. ~s~arr~. ~HM. comPl~t~, complY wi~h ~nd ~bid~ by t!~ oownant, a~ny part lurwf, said MORTGAGEE may plan and
WY for wd~ inwr+no~ or ~ny part.thN~of wi~hout w+trirg a~fhttinp +nY cWion. ~iH+. puity. or ripht undN or by vinv~ of this M«ty~p~. ~nd tM
f„U «rww~~ of .adr am! .vKy wci? wyeneM :I,all b• u,nn.d~.~.ly du~ and p.yaW. and sl»n beu ~n~.res~ trom N,. d.h ~ha..ot ~mil paid at tM raa of
nin~ p~t qntwn pK anewm and tog~tMr with wCh intt~~sr sh~ll be secvnd by tM li~n oi tNs mor?Qp~.
1. To Wn+at. aonw~it a wffer no wat~ tenp~km~ o? d~brior~tion of s~M p~op~rtp a ~ry? p~i t!M?wf.
S. To pay ail ~nd sinpvt~r tl~e ooah„ chiry~s ~nd ~upanw~„ i~dudinp • MsoMb1~ st~oreky's fe~ snd costs of abstracts of title. incuned w paid N
+~y tin~ b~r a~id N~ORTGAGEE, b~ca~ w in ~M wam of tM failw~ on th~ put of th~ said M(MTGAGOR to d~ly, prompty and futly paiorm, discha~
execute, ~ff~p, oompleq. aomp~y v,,;th and ~bwl~ by sach and ~vsry the stipulatiaq, ~yre~menta, conditiom, ~nd oovenants oi s~id prwnissory note and ~hi~
^wrtpap~ +nY or eiH~. snd said costs. dwrp~s a~d ~xpMaa, each and ~wry, shall b~ i~runediately dw a~d pay~bk: whether a nw thers be ew~ice da
m~nd, stt~mpt fo collect a wit peodiegs ~nd thi ful( an~ount of e~di_aod every wch payme~t d+all bear Fnterest frpn Ihs dats th~reof vntil p~id at the
.ate of nine per centwn per. a~u~um; and all said own„ cMrpea snd expenses incwrsd a p~kl, togNher with such fnterat, sf?all b~ sec~red by tht lien of this
^+orp+y~-
b. 7lrt M th~ ewnt of ~ny brsach of this Mortpa~ or dehvlt on tF~ put of the MORTGAGOR, a(b) in the event any of sa;d swnt of mo~ey
herei~ referred ro be.noi prornptly snd f~lly p~id within thirty (30) days n~xt aher the same severalty become due and payable, without demand o? notice,
or (t,) in the ewnt each ~nd ~vKy tM stipulations, a9re~mants, cwiditiau and coweMnh of wid promissory note and th~s mortgage any a eithe~ ~r~ nol
~N. W~P~Y ~Ih P~?~~Md d~srlwyed, axscvt~d, ~ffected, canpbted, complied wiih and abided by, then in either w sny such ~wnt tM s~id aq~
yregatr wm mer~r'aned in s~id promissory note theo remaini~p unp~id. with inte.est ~arued, and sll mooeys secvred herebY. shall become dw and P+Y-
abk torthwith, or thereaher, ~t th~ option of s~id MORTGAGEE, a firly aed compl~tely ss if ~It of ths w~cl sums of ma~ey were oriQinaliy st~pul~ted
~o be Wld on wd~ day, anY?hiig in said promistory note or in thb Mwtp~qe to 1M contrary notwethst~nding; and thaeupon or thereafter the option of
said- MORTGAGEE. without notia o~ demand. wit at law or ln equity. tl~ersfore a theresfier bcgwy m~y be prosecutad as if ail moneys secured hereby
had m~t~red prar ro in institvtion. ~ .
7. TMt in the eve»t fhat at the beginnirg of a ~t any t~me penfiinp any w~l upw~ this 1Y1prtp~. a to fweclow it, or to rofwm it, or to ee~forp
paymtnt of any daims hareunde?. s~id MORTGAGEE shall apply to the Court haviny jurisdiction thereof for the appa~tment of ~ Receiver, wch Court sh~ll
forthwith ~PPaM a?eceiver of s+id morigp~d property all and s+nQvlu. lnclvd,np all and singul~r the income, profiri, issues and reven~ea from whatever
sowa derived, sach and every of which, it bcinp expresaly understood. is hereby mortgaged u if spec~fically set fo?th and desuibed in the ~rantinp and
haba+~~ da~ses hareof, snd weh Reuiver ahall Mve a!1 the bro~d and eHectiw funa~a» snd powen i~ anywise ec~trusted by a Cov.t to a Receiver, and
such appointment shall be m+de by wd+ Gourt ~s an ~dmitted equity and a rn~ttet of alxiolute ~ipht to s~id MORTGAGEE. and witFiwit reference ro ths
edequaty or insdeqwcy of the v~hr~ of the property mortpaped or to the soNenty w insolvency of s~id MORTGAGOR or the defendann, and that svch
renn, profin, income, iuves ~nd revcnues shaU be applied by avd~ Receiver accord;np ro th~ lien w equity of s~id MORTGAGEE and the practice of ~uch
C.ourt.
8. To duy. promptly a~d fully perform, dnchuye. exscute, effect, compkte, oomply with and abkk by, each and ~very the stipulations, agreements, (
conditiom ~nd coverw~n in siid ptomissory not~ a+d this mortpags sst forth. - F
t
9 That in the avmnt the ownership of the mo~tgaped pre,~;ses, or +ny pxt thereof, becanes vssted in a pe?son other fhan the MORTGAGpR, ths ~
MORTGAGfE, its successon u~d assigro, m~y, without noY~ce to the MORTGAOR, desl with sud+ wcceasor or successor in imerest with reference ro this ;
mortya~e ~ni! the debt hcrcby securad in the ssme msmer as with Mortgagw withouf in any way vitiatl~g a discF~arging the JNo?tgag~ws' liab:lity hera ~
under or upon the debt hereby secured. No sale.of the prem;ses hereby me.tpsped ~nd no fwbeawnce o~ the part oi the MORTGAGEE w iri successors
os +ssig~ snd no eatension oi the time for the payment of the debt hereby secwed g'rven by the MORTGAGEf a its succeuora or auigra, shall opera»
ro releass, di~cMrye, modify chsige a sffecf 1he original li~b~lity of the MORTGAGOR hereio, either in whoie •o? i~ put. .
10. It !s specifically agreed that time is of the essence of tha conn~ct u~d thit no w+ivar of any obligatan hereunder or of the oblipation se.
cured hereby thall at any time tf~ereafter be held to be ~ wsiver of the terms f?ereof a of the irntrument , secured herby.
Il..ln addita.~ to the fwego:ng moMhty paYments of princ:pal and interest required by the promissory note secured MerebY. morigaga covensnls
and agreea to pay to mortgagee with each monthly payment ~n addt~ional sum estimated by mortgagee to be equal ro 1/12 of the a~nual cost of the follow-
in9:
A-All real property taxes kvied or assessed against the above described rcal estate. ~ •
B-Premiums on fire snd windstorm insurante as herein requ~red to be carried on the improvemeab aituate on the above desaibed premises.
C-Premiums on such mortgags gw?anry irpurance ~s mortgsnee shsll from t6..-~e to time deem fit to carry a+ the loa~ secured hereby.
Mortgagee shali from time to time noi::y mortgsgor in writir~y of the amouM due and psy~bte hereuncier and such sum shaU there~pon be due ~nd
payable on the due date of the neut monthly paymeM and eath successive month ti+ereafter u~til rtwrtgagce shalt notify murtgagor of a change in wcl~
P
emrnt~. Such wms sha11 be ~ppl;ed by mortgagee toward the payment of real property t~xes, iruu?ance p?em;ums, and mongage guaranty insurance ~
IN WITNE55 WHEREOF, tF~e said MORTGAGOR hu hereumo set his hand and sesl the dey and yeu first aforesaid.
ed Seabd and delivered in ths presenoe of:
~ ~
n
- ~
.
STATE OF fLORIDA ~ ~
courvnr oF _ St. Luci~
a.ro.. n+s p..wn.tFr .ppe,red Chsrles Jaa~s
and
~i~ ~t `j~~i his wife, to me well known and known to ~ne to b~
the individwfa desaibed in and who executed tlw forayoiny (nstru~n~nt, and adcnowledped before me that they execufed the same for ths purposes
?n~?~in .xp~..~.d. .Ma +a. s~~ Bssi~ M~~ JaNs
wife d t~i srld ~ ~lZfi Ji1fi ~ . ~Pa+ • seP+?at~ and prtv~h
exint~on b~r rtie ts~ `~p~sb and ~paA fran Mr saW husb+nd +ctu+ovvl~ly~d to and b~fon nr that she executed said irotrument freely and vol~o-
rar3l~l:,~rid withQy~~~,c}~b{o~4 ooestraint, app srui fear of or f+om said Fwsb~nd.
% ' .WI~N¢Si ` odfidal seal ~
Z ' - . ~ ..~=~?;T/ ~i, - ~ A. D. 19.ZQ_ ~
: . ~ ~
o ~ :-~'w. ~ 3T~LUC E CO ' .
.:J X O,~: ; . Public io a~d for tM State of Horida d Lar~
=E 9~ ~ • = . , R~CORD VERlF!£0 ~ Mr .~~a:
~ 1953i8 `~v t~a`TM ~ ;
~ ~ ~-~ra l~e 25,197j
.
_ f .;,F~ - •TO JUN 26 AM f I : S O ' ~ . _ .
. •
: _
_ _ _ ;
_ . - ,t - ,~„~.G
ROGER ~0lTRAS . ,
This lnstrument Prepared By Ric2~K.C~i~M~ COtJRT; '
First Federol Savings b Loan Association
• of Fort Pieroe ~ Rlolf d~?
eh~ed By ~
oox ~.85 P~1443
C:~ . .
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