HomeMy WebLinkAbout2145 , ~
. ~r:' ; i•
Te plaa and oontYwou~ly kep on.th~ buildir?p~ now a i~~aftM ~itwN on ~aid br~d ~nd on all p~ipn~nt and p~onally cova~~d by thh ~prp.
p~, wflh aN prM~n:wea tMnon pWd in hrll, fih iotiw~nc~ in 11N uwal a~nda~d P~k11 ~Om~. in • tvm approwd by fM MORiGAGEf. ~d wi~d~laiw
Naur~na tn 1!~ wual u~nda.d policy fan~ b•~wn ~pp~owd b1? ~M MORTGAGEE. in wch co~+eY a canp+ni~a a H+~ MORiGAGEE n~r
~C11 M~ M1d Wi11~lOfn1 MMWM~p pO~itiM 011 Mfy Of Mid bVildN~ M1y WIlNMt iFNrfi~l Ot pNt tl~t+lOf, ifl f~N
in u~a~s H~wl. ~Mtt aonuin tk~ uw+l a«+dard mo.bapN dws~ a wd~ al~ da~a~ as ~M Ma ma r uw. ma ~~h wm ~fo~id or
cM~. Nth M~d wKy. WYabk b s~id MORTGAGEE as iM iotK~st nw1? M~P~ar. M~d Hth M~d ~~N Y W ~^Y ~h~ bu wdN ~ad pol}
+~ryr MW by s~id MORTGAGEE a fwtiw~ wcwit~r to ~aW maqap~ d~W. end, na t~sr thsn Nn~ days k~i ~i~dv+nc~~ o~f t!
i~~aion o easi+ policy~~w
dt
tlwr b taW MORTWIGEE • renewal tMrrof, to~~hu with a r~oeipt fw tM pr~n?iuin of such r~wal~ ~nd rhK~ sM~l b~ no fw~ o~ wi~?duam ie?wnnq
plaad on wnr of s~id buildinp~„ ~ intKp~ tMr~iri
w part tMnof. unlqs In tM form ~nd witb tM loa pay~blr ~s ~hn+aid~ ard tn tl~ ~v~f any ~wn •
o~ nw~wy b~ca~KS pay~ w~du wd~ polky a pd+'cia .said MORTG~AGEE ah+ll twv~ th~ option w naiw a~+d ~pply rM ~ on acooum of 1M M~MbMd
rna New~d ~hu~ a w pKenit a~id MOR?GAGORS to ~iw and uN N a~ny psn tMr~of iw o~i+et pwpwe~, wi~hout ths~sbi wai~inp a impsi.-
~+~fi ~h?. liu~ a~i~M urdK a by virtw of N~ts eartpap~= ~nd in th~ ~wnt s~id AAORTGAGOAS ~ha!! fo? aiey n+san fsI! to kNp the wid premisa w
~nwnd. w f.11 w d.liw. P~~Wh +~Y of s.W policas of i~a~uano. ro saW lY1~OrtiGI?GEE. w fail P~~Ptb m WY fulty any p?~miwn th~refor a in sny
r~~p~et bil w ~wfonn, d'acMry~. ~x~cut~ eff~ct. oompleb. comply wi~h ~nd ~Wd~ by thh coverwnt, a any pan 1?Kwt, iaid MORTGAGEE may ptaoe and
WY ~~d+ ~a~a~ or any pa1 tMreof withp?? wilvirp a ~ff~ctinp any option, li~n, puity, o~ riphf urdN a by vi~tw of tAts Mon~a~, ~+d IM
fvU ~mounf of Nch and ~wry wch paymMt shall b~ irt?rn~di~tdy dw and pry~bl~ and sh+ll b~a~ inhresf from th~ dat~ thereof vn~il paid at the raN o( •
ni+?~ psc unh~ p~r anrwm a+d tope~her with wch interrst sha~! bs ~cvred by t!M Iwn of thb niortQaQ~.
4. To PweMt. aomn?it or wff~r no wast~. irepsFrms++t a d~te~bratlon of aid prop~rty a w~y psrt t1?erwf. y
S. to pay al! and ilnpular ths wsfa, cFNrpe~ and ~xpaws, indvdinp ~ nasaabl~ attorn~y's fee +~d cosb of ~bstrad~ of title. incurced a p~id ~t
sny tim~ by N~d MORTGA6EE, b~uv~ a in tla twnt of tlk f~ilure on tlw p+~t oi tM uid MORTGAGpR to duly. promptly ~nd fully perform, dixha.q~
exscvt~, ~ffect. oompkt~. comply with ~nd ab~de b~r ~ach and ~very the stipvlatioro. ap?e~ments, corKlitiaa, and oovenants of said pomiswry ewte u~d this
mort9aQe +ml or eitl~a. ~nd pid cosb, cMrpes and ~xp~ro~s. ~ach ~nd every. sMll be imn?ediately dw and payable: whe~her w not thers b~ notice da
mand, attempt ro colkct o~ wt~ pMd~nps and th~ fvll srnount of ead~ and every wch payme~t shaN besr inreresr from ~h~ daq rl~eof unh! psk! ~f the
,afe of i?i~e p~r os~tu~n per awwms aed all said aoin, charpes and expenses incvrred oi pald, topether with suth in~arest, sh~ll be securod by 1M lien of tha
^+aq+p~•
6. Th+t i~ the ewm of any brexh of tha Mortqa9e or default on ths pa?t of the MORTGAGOR, w(b) in tM event any of se~d wms vf Rwnty
heteh~ rofen~d to be rat promprly and fvlly p~id within thirty (30) days next after the same severally become due and payabk. withovt dem~nd or notice,
or (c~ in th~ event each :nd every the stip~Ntansr+9reements, conditions u?d coven+nq of said promisswy note ud tF?~s mwtya~e ury w eitMr an nol
iuly, p?omptiy end fu11Y perform~ d'wclwr~ed, exsevted, affactsd, mmplst~d. compl;ad with and abided by, then In e~ther or any such eveM 1M s~id ag
yregat~ wm mentlwied in said promi:sory note then remaininp unpaid, with intmest swued. snd all moneys secured herebY, shall beco~rn dw uKl pay.
able fwthwith, w th~reshe~, it the option of said NWRTGAGEE, as fully and compktety ~s if alt of the said wms of moner were orip+nally stipulated
ro be paid on such day, anrthing In ss~d promissory nofe w in tho Mort9aqe to ths contnry notwithstuiding: sad the`eupon or thereshe? at the option of
uid MORTCsAGEE, without notice a de+nand, wN at law a in equity, therefore a thereafter begv~, msy be prosecvted u if all ~rantys sewred hereby
f~ad minr?ed priw ro~n inuirurion. {
. ~
7. That th~ evsrit thaf at the beginnin~ of er sny tirM pend'ng any wit upon thii Mwt9ape, or to fweclose it. or to reform it, or to enfore~ `
payment of any daims hereunde~. ssid MORTGAC,EE shall appy to the Cou~t h~ring jurisdictiw~ thereof fw the appoimmem of ~ Receiver, such Covrt shsll
fwthwith sppoint a raceiver of said mort9sgeJ proparty sll ~nd tirgubr, indudug all a~d singular the incane, profits, issues and rerenues from whstevcr
saxa~ dsrived, a+ch aod every of which, it beinp expressly understovd, a hereby mortgaged ss if spec;fically set forth and desuibed in the yrantirq and
habe~~dum Na~ses hereof. and such Reaeiver shsll have ~II the brosd u~d efftctive fvnctions and powcn in snywise e~trusted by ~ Courf to a Receiver, and
such appdntment ~hsll be msde by wch Gov~t ~s sn admined equiry snd a mstter of absdute ~ight to siid N10RiGAGEE, and without reference to ti,~
adaq~acy or in~dequacy of tFw valw of the proparty e~wtg~ged or to the :olvency or iosolvency of said M~ORTGAGOR or ~M defenda~n, and that such
roC~•profits, incans, iuues ~nd revenws sMll be applied by wd~ Rroe'wer aaord'ug to tht Ikn a puity of said MORTGAGEE.snd the practica of such
a. To duly. P~~PN1? snd fully perform, discharge, execvte, effect, compl~te. comply with ~nd abide by each and every tM stipulstions. +greemenb,
condrtans and ao+renand in s~id promissary no~~ snd this mortp~ set forth.
9. That tn the event the owne~hip of ths mwt9aysd P?em'e~. a any pxt fF+ereof, becomes vested in a peraon other th~rt the MORTGAGOR, th~
MORTGAGEE, i~s wccesso~s ~nd augns,, m~y, withow notice to the MORTGAOR, deil witA such waessor or successor in ;me~est with reference to this
mwtpape s~+d the debt hercby seaned in th~ sams maru~er as with Mortyspw withovt in any way vitiating a discharging the Mwtgagon' liability. hers-
under or upon the debt hereby secvred. No sale of the premises hereby mortyayed and rw forbNrsnce a? ths pan of the NtORiGAGEE w its waesson
w+uigns and no extensan of the time fa tfie p~ymem of the debt hereby secured piven by th~ MORTGAGEf w its wcoesson a suiy% sh~p opeats
to re~ease, disdMrye, modify chugs or affed tbe uiyinal leability of ths MORiGAGOR hersini, sitFNr in whole or in part.
10. h ts spec;fically agreed rhat time is of the esserKe of this cw~tract and that no waiver of oblgation hereunder or of ths obliyation se-
cured hereby shall st any tirt~e tt~ereafter be held to be ~ waiver of the terms hereof w of the instrument secu.ed herby.
11. In additioai fo,the faepo:ng monthly psyments of princ:pal and interest required by the prom'~ssory no~e secvred hereby, mortgagor covenany
and agrees to pay to mortgagee with each monthly paymenf an addi?ionsl wm estimsted by mwtgsgee to be eq~al to 1/IY of the annual cost of the follow-
ing:
A-NI ral property taxa levied a assessed agai!?st the ibovs tksaibed resl estate.
B-Premiums on fire and windstorm insurance ~s herein requ~red to be carricd on the improvemeats sitvate on the above described premises.
C-Premivms on wcfi mortgage yw?antya insurarxe as mo~tgagee shall from time ro time deem fit to carry on the loa~ secured hereby.
Nbrtgsgee shall f.om time to time notify mortgagor in writirg of the amount due a~d payabk Ixrev~der and such wm shail thereupon be due and
payable on the due date of the next monthly p~yment snd each svccessive month thereafter until mwtgayee shalt ratify mortgagor of a change in wch
arnount. Such svms shalt be applied by mortgayee toward The payment of real property taxes, insunnce prem:uma, and mortgage qua~anry ir~wr~nce
wM+'~.- •
IN WlTNESS WHEREOF, the said MpRTGAGOR hst herevnto set Fos i~and and seat the day and yesr first aforesaid.
Sipr+ad Seakd and delivered in the presence of:
~1 ei~
c
, ,~p~ ~--n
~s.~~
STA1E RORlDA ~ ~
S?. LACIB u
courrnr oF .
eefo,,, „x pe„au~W,pp.,,e~ - Wa?lter M. N~ttles ~
Mily I~tt 1@ S I~is w;fe, to me well known and kr?ovim to me to bt
tt~e i~d'ividwb desaibed in and who ~xecuted ths fwepanp instrumanr, and scto+owled~ed befo~s rm that they eaecuted the same for the purposes
rhereY, eup.es~ed. qnd th~ sa;e_ MirY NattlQS r
w~fe oF the s~d Wa2tQt M. Nttt>ei ~ ~ i
examination by me taken ~eparate and spsrt from her uid husb~nd, adcnowledged to ~nd !»fws me thst she execured :sid
:~volum
I~fi~ ifld Wi1~IWlf a0Y OOf11Pp~pfl~ COflfif~i/11~ i~f! Of flaf Of Of fl'OIt1 ~1M Mid ~N!l~iitld. ~~~a;, ~~~R~i~~~~~ .~V+'i;
. ~V~.
WITNESS my hand aod off'~cial seal ~ .lli1 - ~~~''p~- -
. ~,./C., `4 ~
~ ~ ~
~IMY ~Commiuion e . esr ~ ~ ~ 6 ~ . =
Retum Ta ~ ~ FILED AND' REGORDED ~ ~ R.~ . f " ~ i~ 1~.~ :
.~,r : . ~
fu.t F~..~ s.~?s~ a ~o~, ,~.~;.r~ ST. LUCIE COUNTY; F1A.' ~ , . - X ~S ~ ~,,c ~
or Fo.t P~~.u. RECORD V~RIFIED - . -,.s~'~%;.~S~x:.:~~~: !
ton v~.a, Fb.~a, ~~9J804 ~ ~ ` j•1T~ •
~ '~0 JUl I 0 AM 9: 30 %
This Instrument Prepared By Johti W. Collins ~ c~.~
First Federal Savings E~ loan Association
' of fort Pierae ~ Flosida? f20G~i~ i'OITRAS
. CLERK 61RCUIT COURT;
en~ed By
a~ 185 ~2~.47 ~
~ ~ ~ ~
~ ~ - -
- - = .
_ _