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HomeMy WebLinkAbout0117 t~~ To pl~p ~nd aa+~4wa~sly kNp on tM bu{Idinps +ww a i~Mt1M WwN on wid i~nd and on ~11 pvip+w++t and p~?sonally cow?~d by Mh n~erq~ p~, MritA ~II pr«niwn~ tAer~on paid in ivq, fir~ Insw~nq in tM u1w1 atwrl~rd policy (pnn, M• awn appov~d b~t IM NWRtGAGEE, ~nd wintklO~rn M»w.na 1n ~A. uwal •~a+d..d pauy fo.~n, N. wR+ .ppov.d bp dw Mc)RTOI?f3~'E. in wch canp+nr a canpaniN w ~h. N10RtGl?ciEE ~a~ dincy ~nd ~N fin and wi~wnn ieww~na policiN on ~ny OI Ni~ bVeWMt~, M~? 1RINqt f1Nf~if1 Of pN) IMt~OI. in Ihe apq~p+h wm ~faKaid a b~pq tM~~ol, sMll tontain Ih~ ~sw1 ~tand~rd matppM tlauw o~ wth o1h~r clw~ a 1M Mwt9ap~~ maY nqvv~, m~laip tM bu unda ~+d po1F c+a. .,d+ «~d .~«y. araW. a a+~d MWTG~GEE a ih ~n~.s~ ~.y app.... .~d «ch «,d .w~r wch Po+~cy an.ii b? wa+~p~~y ....o~sd «+d d.i+w..d ro ~ny MW by ~aid MORIGAGEE as twrM~ ~ecvrity b t~id eeart~sp~ d~W. ~nd, no~ I~s ~h~? t~n (10) d~y~ in advana of ~h~ ~xpiration of ~ach policy. ro dr IivK w wW N10RTGAGEE + r~xwal Nwnof. ~op~rhK wi~h ~ hu~pt fa the pr«niwn of wch r~newalJ and ~hen siwli b~ no f'a~ a winds~um i~uwanc~ plaad on ~r of said b~ildi~ys, sm iM~.at ~Mnin ar pirt Nwwf, wdess in ~h~ form and with tM loas payabl~ a~ afwesaidr and i~, ~M ~wnt aeqr wm of enoeNy beconw~ pay~ble w+dN wch polic~r w polici~s sald AAOkTGA6EE shall Mw tM op~ion w noaiw and apply ~M s~me on .ccow+~ of the ind~bt.d- nas acw~d hK~bp a a p~.~nif said MORTG/?GORS ro nqiw and uw it a~ny pa~~ tMnof fw oehe~ pu~po~ea, wi~houl tA:rebi waivi~p o~ ~mpair- Mp~ anY pwty. li~n a ripht u++d~r or by virtw of thi~ mort9a~t ~nd M tiw ~wnt wid MORTGJIGORS sh+il tor ~ny r~ason tail ro ke~p tFN s~id pr~miieit so M~wnd, oi f~U b d~livK promptly ~ny of said politi~s of ieqw~ntt 1o said MORTCsAGEE. o? fail promp~ly M p+Y ivlly aoy pr~n+ivm therafor or in any nsp~ct f~tl to pwfwm, dischary~. ~xscv~~, ~ff~cR car~pl~ts, comply wttb and ~bid~ by this cove~ant, w u+y p~rt I~wf, s+id MORTGAGEE may plaa~ and WY fa wch M~w~ or any pan tMrwf without waivinp w~fhclM~p any option, IMn, puity. a ri~ht ~ndN or by virtw of this Mo~t~. ~nd the fvll ~naunt of each and . wKy wch p+ynwM shall b~. ie~nwdiatdy dw a~ul p~yabls ud thall btar interest from ihs dab therwf wuil p~id ~t tiN r~» ol nine p~r o~ntum pp arowm ax! to~~her v~~ith wch intK~sf thall be s~cured by tht lien oi this mortpspe. I. To pumit, ~H or wffa no wat~, ImWi?me+~t or deterar~tion of saW propsrty o? any put theraof. S. To p~p ~II aed sinp~lar th~ coats, c1?~s and exp~ns~s, includirp a r~aswuble ~ttwn~y's f~e and oosh of s6itracts of titte. incurred a psid at ~ sny tims by said MORTGAGEE, because or in the ewnt of The f~ilun on th~ pan of tl~t said MORTGAGOR w duy, promptly and fully periorm,, d~xh+rqa sx~cvt~, ~ffect, cwnpl~t~, compFy with and abid~ by each ~r?d every tl+~ stipulations, spreements, tonditions„ a~ mvenanb oi said promiswry note ~nd thit morspspt any or.eithK. and said costs, chupds ~nd ~xpens~s, each and every. shatt be Gnmediarety dw aed payable: whe+he~ a nof the.e b~ notics d* mand at~emp~ ro edkcr or wi~ pend~ng; aad ~h~ full a~rwunt of e~ch a~ii every such p~yment ~hsll bear in~erest from the da~a thereof un~il paid at the rete of nin~ p~? c~ntum per ~nnum; and all ~aid cosh. dwr~es a~d axpsns~s incvrr~d w p+id, to~ether with such imerpt, sh+ll be secured by tht (ierr~ of thq ^+ortqap~• • 6. 1'h~t in the w~nt of any breach of thb Abrtya~ or def~uN on ttr pan of ths MORTGAGOR, or (b) in tM event aoy of satd svms of mw~ey herein refKred to be not p?omptly and fully p~id within thirty (30) days next after tl+e same severally become due aed payable. without dem~nd a ~otite. w id ~n tM ewnt each and eve?y the stipulations, sgreertwr?b. oaxlitions ard cownann o! sa;d promissay note and th~s mo?tysye ae+y or either are nd firh, promptly and fully perform~d, discharged. execut~d, ~ffected, complebd, complied with and abided by, then in either a a~y such event ths taid ag gre~st~ sum mentioned i~ said promissory note then remaininp vnpaid. with interest accrued, u+d all moneys secured hereby. :hall becams due and pay~ abk fwtAwithi, w thereafter, a~ tF?e option of u;d MORTGAGEE, u fully ~nd compktely as if alf of the said wms of money were aigi~ally stipvkted to be peid on such day, anything io said promissory note or in this Mat9aQe to the contr~ry ~on,ritF?standing; and therwpon a thereafta ~t ths optan of sajd MORTGAGEE, without notict w demand, wit at iaw w i~ equity, therefwe a the~eafie? begww, may be prosecuted as if sll rt~wroys sacured hereby had rn~twed prior to ;n i~r?stitution. _ - 7. ihat in ths event that at the beginninp of or at ~ny time pe~dirg aRy wit vpoe~ this Mortyeg~, or fo foreclos~ it, w to reiorm it, or to enforcs payment of a~y daims hereu~der, said MORTGAGEE sMll apply to the Court having jwisdrction the.eof for the appointment of a Receiver, s~cF? Court shall fathwith sppoiM a receiver of wid mwtgsged property a11 snd singvla?, includ~ng all and sinyular the it?come, profits, iuues and rrvenues from whatever tource derivcd, each and evcry of w1iKh, it bcinp exp~euly vnderitood, is hereby rtqngaged ss if specificaHy set forth a~d detcribed in the yranti~g and haba~dum clauses hereof, and such Receivai shall Mvs ~II the broad and effective fund~oru ar?d powera in anywiu entrusted by s Cour~ to a Receiver. ~nd s~ch ippointrn~nt shall be made by wch Co~rt aa sn admitted eq~ity a~d a mattcr of ~bsolute ~igM to said MORiGAGEE, and without reference to ths adeq~xy a inadeqwcy of tF?e wlue of ths property moN9a9ed or to ~he w?vency or insolve~cy of said MORiGAGOR a the defendann~ and that such renn, profin, i~come, iuues and revenues thall be applied by such Receiver acoadinp ~to tM lien o? eqviry of said MORTCaAGEE and the pracrice of such Court. 8. To duh, p?omptly ard fvlly perform, tiiscMarys, execute, effect, comptete, oomply with and abide by each and every ths stipubtions, agreementa, co~d'itbro urd covenants in ssid proen'~ssory note and this mortgage set fonh. - 9. That In the evem the ownership of the mortgsged premises. or ariy part thereof, becomes vested i~ a perwn "other thsn the MORTGAGOR, ths MORTGAGEE, ifs succeuors and auigns, may, withouf notice to the MORTGApR, deat with such successor or s~ccessor in interest with reference to thia mwtgspe and the debt hereby secured in the same manner ~s with Mwtgsga witlaut in eny way vitiatiny or dischargirtq the Mo?tgagots' li~bility here~ under or upon the debt' hereby secured- No ssle of the premises hereby mortgaged snd no fabearance on the part oi the MORTGAGEE p ifs successon or auigns and no extenzion of rhe time for the psyment of the debt he?eby secured given by the MORTGAGE' or its successas ot assiyns, shall oper~h to mlease, discharye, modify change w aNect tfie. original liability of the MORTGAGOR herein, either in whole w in part. 10. It a spedficatly agreed that tiins is of the etienc~ bf this contract sod tha~ no waiver of any obligatan hereur~de~ w of ths obliyation se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof w of the instrument secured herby. 11, fn addition ro rhQ forega~g monlhly paymenty of print:pal aod interesf required by the p?omissory pote seCured hereby, mortgagM covenanq and agrees ro pay to mortgagee with each month{y payment an sddi~ional sum est~mated by mortgagee to be eqvai to 1/12 of the annual cost of the follow- ing:_ A-A(I real property tsxes kvied or issessed against ihe •bove described res! estafe. B-Premiums on fire a~ru! windsrorm insurance as herein requ~red to be tarried on the improvemenh situate .on the above described premises, C-Premiums on such mortgsge gvsranfy insurante es rtwrtgagee shall from time to tirtie deem fit to carry on the loan secured hereby. Mortgagee shall fPom time to time notify mortg~gor in writing of.the amount due a~d payabk hereunder and such sum shalt thereupon be due and payabk on the due date of ~he next monthly paymen! and each successive month thereafte~ until mortgagee shall notify mortgagor of a charge in wch amoum, Such sums sF.ail be applied by mwtgagee towa?d the payment of real property taxes, i~uarxe prem:ums, and mortgage guaranty insunnce promi~ms, - . ' !N WlTNE55 WHERFOF, the said MOQTGAGOR Ms htreunto set his hand and sesl the day and yeu first aforessid. s e~ivered in N+e presencs of: FILED AND RECORDE ~ , ST. LUCIE COUNTY. F '1~I4.~ ~ n R~:~(;RC V=filF;~Q n ~9~483 '70 JUI. 27 PM 2. n STATE OF FIORIDA ~ ' ST. L[)CIE ~ ~7c courm of ~IJ ^ ~~~lTP,AS Sefore me peraa?ally appeared Jt11~I1~~~~~7[i!e=... ~nd Tishie Har~er his wife, to me well k~own and known to me to b~ the indiriduab de~cribed in and who executed the forepoina instrwnent, and ~cknowtedped 6efore me that thsy executed the same for tM pwposes therein ~xpresied. I1nd the said-- T~S~]~e }I~l~= w;te oi ths ~ad .Tul~lii FIaYOld H81lDe= vpon a a~psrst~ a+d privat~ exsminstq~ by me taken sepsrale and apsrt from her s~id husband, ~du~owkdged tp ~nd 6efae me that she execvted said instrument fr~ely and volurn ~arily ud without sny compulsion, constraint, apprehension, p~, fau of a from her said Mnband. WRNE55 my ha~d ar+d official se~l thi~,_~~1~ day of A, D. 19~p. Notery Public ' and fo? tbe State of Fbrid~ ~f Lar~s Return Tw My enpires: I~Ly, /9~/ 7 fint federd 5avings 3 lwn Association . Of Fort Pierce. ,~'~~,ti~''~~~ti ~~~F +Oil:2r{ +';;'a;c, Siak o! Hcri3a at large Fort Pierce. Flwida ~~,<<?r.-!~f,_ f~y ~txtl.~~ssi~n fxpirts ~'uq. b. ~q~~ ~ i~,. r: • j : _~,`I ~'v• ~ 5 toa~w ~r M~nn~ ik~ S 4+n+M '~i ~Y s~. ~ .~Q~. This Instrument Prepared By B• Btaun .~i~~_z = First Federal Savi s b loan Association 0~ J.~.: o; • ••~O~``~ ~ of fo Pierce Rlosida :l%:'~.~-~ ~ 0 . ~ ~~~~a~~~~~ . Checked By ~'h,~0 r~ 5~~~~.• - ~ R. '.~MIfN1j1A ~~x1~ ~r ~ - _ ~ ~ - .,N ~ y~: . - - r _ _ . _ _ _ _ ~-r ' vC~i~r~a~ .