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HomeMy WebLinkAbout0119 . to ptaa ~nd coeti~wrouslr kNp a+ t!~ buiidin~ now a iw~ahw Wew1~ on said land ~nd an s11 puipn~e and pNwnallp cow?~d by Mis ~wap~ p~„ with ~d pnmiwns rMaon pa~d in iv14, f1n in~w~na ~n ~M• vw~l a«+dard policy Mnn. N a wm pprowd by tM MORtGAGE6 «~d wu+ds~a~ ~ ira~xaec~ fn tl» wval a~~d Polic~r forn~ b~ w~ ~pp.or~d by tM MORTGAGEE. in wch co.np+nY w oon~pani~s a th~ IY~ORTGAGEE iwar dM~c~l «+d NI ftn ~nd wi~hto.m iiawMa polici~ on anp of _uid build~, ~ny inM.~ tl+~~in or pw1 ~M.wl. i~ ~he pprp~h avm af«aald a in ~xaa 1Mnof, ~h+ll contain tM wwl sunda~d mort9a~ cl«a~ w wch otl~ dauw ~a tht Ma~pa~n n+~y rsqwn. nwkinp N» Iw~ w~ s~d poli~ ciN. NcA ~nd ev~r. WrabN a said MQRiGAGEE N iM G?tKp1 nNY ~{~M. aed Nd? ~e~d wwy strc~ polity iha11 bi i~p^R~~r.a~s.pn~d and dNivK~d a ~ ~ny MW sy iasd h10RiGAGEE a(~r~ha s~cwity ro uid mapa~. d~W. +ed, ow I~u than Nn (~0).d~ya In ~d~raece of tl+~ ~aptation o( ~ach policy, to dr liwr b~aid MORTWlGEE a rsmwy tMrsof, topNl~ wi~h a nc~ipl for tM p~miu~ of wci~ ~~wali a~d ~hK~ sFwU b~ ~o lae or wi~~wm inswann plapd Qn any of said Iwitdirgs, ~ny inh~at tMrein a pat ~Mnof, unl~ss in ti» twm and wini tM loss pay~bl~ a afw~said~ ~nd h th~ ~v~m ~ san o~ mpKy b~com~t pay~We w+d~r wd+ polic~? a poiici~s safd MORTCsAGEE shall h~v~ ~ option w racNw .nd apply ~M s.n+. a+ .ccow+~ of ~h. ind.b~ad~ ~ss secvnd i~~by or a pumit wW MORTWIGORS to naiw wid uN N a u~y part tl~wf for orhe? pu?poses, w~~hou~ ~Asreb~ wai~i~~ or unpair- h+a any puity, Ik~ a ripht v~der a by virtu~ of this mortpa~; .ne! M H~. .vre~ s.~d MpRTGAGORS shall fw .ny ~sawn iail ro keep ~M s+~d prani~.s w imwt~d, a fail a delive. promptly ~ny of saW polici~s oi itqw~nq to ~id MORTGAGEE, w f~il prompily M p~Y fuily a~y p«mium ther~for w h any r~ap~ct faii w pKiarq, dixhuyt. ~~cecuNr. ~HM. compkte. tumply wlth and a~id~ by tNs tovenanl, a ~ny pa~t harwf, s+id MORTGACsEE m~y pl~p ~~d paY for wch i+uurana~ or u~y p~rt therwf withoW w~ivinp or ~ff~ctkp aey optipy li~n, equity. w?ight unde~ a by virtw of this Mortp~p*. s~+d the full .mouor of ~ach aed ewry wch payn~m •hatl b. imm.dia~Ny dw .nd pay.W. .nd shs11 b.a? ~+~eres~ f?ao fh. d.a Mer.of wuil paid ~t th~ rau o1 ~ nine pN aoturn per uw?um and together with wch interest shall be kcv~ed by Nw Iwn of this mortpe~e. 4. To pa~mit, oornn~it w wffa no wss». lenp~ument o~ d~tKior~tion of s~id propKty o~ ~ny p~rt tl~eof. ~ S. To pay all H+d si~gular tM costs, cMrpes uid expM+ses, indudinp a nawrnble ~ttor~y's f~a and costs of abstracts oi titte, incurced a paid any tin~ by uid MORiGAGEE, bacwss or in the ~wm of th~ f~ilure~on tM pati of (M uDd INORTGAGOR w duly, promptly and fvlly pe.forr~n, ducM.Q~ execvte. ~N~ct, compl~t~, compty w~th and ab7d~ by tach and every tl+e stipul~tions, agreements, ca~ditiwa„ snd coven~NS of said promissory nate a~d tlw mo?~~+p~ +nY w atMr. a~d sais! cos?s, chuges a~d exp~nses, each and every, slylt b~ immedi~t~ty dw ~~d payabre: whether a»ot there bs notice d~ mar~ artempl to oolkct w wit pencf]ng; and ths full sna~nt of ead~ and avery wch psym~m sl+sll bea~ intKesf from tM da~e thereof until p~id at the rate of nine per centuen ps~ annum; ae~d all said oosls, cha~~s u~d ~xqnses inturred w paid, togNher with such interpt, ihal( bs secured by the lisn of this mortp+0~. . . 6. i'hN (a) i~ the eveot oi any breach of thls Mortpay~ or defauh on the par~ of the MORTGAGOR, w(b) in the event ~ny of said swns oi moner heroin refared to b~ not prwnptly snd f~lly psid wi~hin thirty (30) days next after the sam~ seva~lly becoms due and p+yabk, wi~hou~ demand w norice, or (cJ in the event cach and every the stFpuiations, sgreements, oonditions a~d covenanq of said p~omisso~y note and this mortgage ~ny a either ~rt no1 i~iy~ w«~wry •~a ~+~~r w*io.med, dischar~ed, execvted. effect~d. completad, ca^P~ied with ~nd abided by: thM in either or any svch event /M said aQ~ greg~te wm mentaned in said promissory ~?ote then rem~ininp vnpiid. with inte~est acuued, and all ma~eys securcd herehy. shatl becwne due and pap able forthwith, Of tIlNN~fN~ at the optiw~ of said MORTGAGEE, aa fvlly and canple~ey as ii ~II of the said wms of money we~e o~giMlly stipulated to be pa~d on such day, anythiog in said promissory ~ote or in this Mortys9e to the contr~ry notwithstanding; and ~hereupon w thereafte? at the option of ~ said MORTGAG~witFiout notice or demand, suit at taw or in puiy. thereforc w tl+ereafter begun, rrNy be prosecWed u if ~II naneys aecured hereby had matwed preor fo in instiwtan. 7. ?hat in the eve~t that at the beginniig of or ~t ~y time pendinq ury wit upon tha Mwtgsge, or to foreclose it, w to refwm it, or to enforo~ i psyment of ~ny claims hc?eunder, said MORTGAGfE sMll ~pply to the Court hav&y jwisd~ction theaeoi lw the appantmenf of s Receiver, such Coun shall j fwthwith ~ppoinf a~eceiver of said mwtgaged property ~II and sing~lar. includ~ng alt and sinpvlar the income, profits, issues snd revenves from whatever { source derived, each and every of which, it beinp ~apressl~ unJen~ood. is F+ereby mortgaged as if spec~ficatly set tath ~nd described in the gnntirg and = habendum clavses hereof, and svth Reoeiver shall havs s)1 the b?oad and effective func~~wn and pawen in anywiu entrusted by ~ Caut to s Receiver, a~d such appointment shall be rt?ade by wch Court ai an admitted equity and s matter of absolute rght to said MORTGAGE~, ~nd without rofcrence to the adeq~scp o~ lrwdequacy of the vatue of the property mwtgaged or ro the wivency or insolvency of sa;d MORTGAGOR or the defe~dann, and that iuch renn ptofits, income, iss~es and revenues slull be ~pplied by such Reteiver attordir?q to the lien or equity of said MORTGAGEE snd the prattice of such Coutt. 8. To duly. promptly and f~l1y perform, discMrge, execute, eHect, oa~kte, with and abids conditions and covenams in said prom'usory ~ote and this mortgage set forth. ~y e1~ ~ stipv~atioru, ~greements„ 9. Thst in ~he eveM the ownenhip of the ecwrtgaged prem;ses, or amr pan thereof, becorn~s vested in • person other thsn the MORTGAGOR, th~ MORTGAGEE, In wcceswrs and auigru, may, without notice to fF+e MORTGAOR, deal witA such suaessor or successor ir?_ interest with reference ro this mortgsye and tM! debt be?eby securEd in the same m~nner as with Nbrtgsgw without in any way vitiatiny or dixharging the Matgagors' lisbility hertr under a ~pon the debt hereby secured. No sale of the premises hereby mortgaged and no fabearance on the part of ~fx MORTGAGEE or in succeswn or aug~s and no extension of the time for the payment of tF~e debt F~ereby setu?ed yiven by the MORTGAGEf or its succeuors a assiyra, sf?ill oper~te to release. d~xMrge, rnodify change a af(ect the` original IiabiGty of the MORTGAGOR he~ein, either in whok w i~ part. 10. It is specifically agreed that time is of the esxnce of this contract and that no waiver of any obligation here~rxler w of the obligation se- cured f~creby ~atl at any time thereatter be held to be ~ w~iver of the terms Aereof or of the instrvmrnt secured heiby. • li. tn add~tion to the forego:ng mortthly payments of princ'pal,and interest required by the promiuory note secured hereby, mortgagor covenants and agrees ro pay to mo:tgagee witl~ each monthly payment an addirional sum estimated by mortgsgee to be equal to 1/12 of the annual cost of the follow- ing: ~ A-AI( real property taxes kvied or assessed against the above described rea! estate. 8-P~emiums on f'ue and windstorm inwrance ~s herein requ~red to be carried on the improvemenb sitwte on the above destribcd premises, C-Premiums on such mortgage guaranty inwrance as mortgsgee shsll fram time to time deem fit fo carry on the loan sec~red here6y. Mortgagee shail from time to time notify mortgagot in wriYug of the amount due and payabte hereunder a~d such wm shatt tMerevpon be d~?e and payabk on tF~e dve date of the next montbly paymeni and each successive month thereafter until mortgagee shall notify rtwrtgago~ of a change in wch amount. Such wms shell be apptied by mortgagee toward the paymenf of real property taxes, ins~raoce prem:ums, aod mortgage guaranfy inwnnce prem'~wns. IM W17NES5 WNERFOi, tbe said MORTGAGOR has hereueto set Itis hand and sesl the da and yeH first afqesaid, s~~a. sNka ~ a~i~„~.~a ~ a~ of: FILED AND RECOR~ED . ST. LUCiE COUNTY. ?~~~OR^ V~itt~!Eb . ~ - ~96484 '7D Jl1~ 27 pM . : STATE Of FLORIDA ~ courmr oF ST. L[JCIB ~ ~ , wii "o~~~ ~ THns Befw~ me persorwlly appeared pR~~s~~(~B~vD~7'_ ~++d , Bettlp M. HLLl~ - his wife, to me well known snd known ro me to b~ the intGvidwls described in ux! who exewted the foreyany instrvment, and ~ckrwwledged befwe me that they e:ecuted tlx. same for tl~e pwpose~ r?,~.e;n e,cp.eued. .A„d tf,e sa:d Bettie M. Hull wite of the said Wf lbert C H1111 upoo a sepsrat~ and pr'rvNe examinstan by me tsken separate and spart from her said husbantl, sdcnowfedged to and befwe me tfiat she executed said iintrument freely and volvn- n tarily and witFw~t any compubion, cautraint, spprehenaion, or feu of w from fier said fwsband WITNE55 my hand and official seal th~~ ~~.T~ day o{ 11 ~ A D. 19~4 NQt+ry. Public in and fw• the State of Florida at Larqe _ _ Ii~~f,;~an!ission ~npires: Retum Ta. Fint" Fldef~l Savings 6 Losn Astociafion ``,~~NN~{Nflh~~~, •'-~TARY PUB ~a•~~i~~:=-:~~ c~oMMrss o ~ s°~ ~r t~ Of Fwt P7erce. •••~i~',i~ 1~$ Fort Pierce. Florida ~ C ~ • _ :r~ ~ •.:~Y,~ ~i~~ i11RU F1~ ~ q~~~, . : Q~.?'._~~~ 1L. v~;~~ j ~ _ , ~ , . ~ W'• . . . ~ ~ i~~'" ~ : ~ • ~ -~~~i~~r' . : ~ 4~ ~ ~ .~y ' . ' - -%i.''r. `.:-~.':`j0•-:;.:''-` + This Instrument Prepared By 1~. B. gYauin L~s~.'J~'?•"3,~;; First Federal Savings b loan Association ~X~~.~~.x ~~@'~;:•'~.~~~ ef Fort Pierce~ ~ Rlozida 7~; S ` Chetked By ''~~:~n~~~~+~~'• w~ 'V~ _ o K1~,~ ~i8 ~ - . - - . j - _ . _ ~ ~ -