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HomeMy WebLinkAbout0123 To pt~a ~ed contMxwusly kNp on th~ bulMinos nvw a hN~ah~ Whw?~ ow wW I~nd w~d on ~11 pviperwnt ~nd pNweatt~r cownd bp thb wart~ ~p~, wi~A dt pr~miwns ~henon paid in fvlL (ir~ 3nsw~ncs In tM vswl ~~a+dWd poliqr (orm, in a ~um ~pprowd by th~ MORtGAGEE, ~nd wlnd~rorn~ hwx~ In tM ~swl iunda~d poltcy fana ih ~ w~ ~pp~owd by tM MORTOAGEE. M wch comp~ny or eompw,as a ~M MORTGAGEE nwy d4~etj and ~II tu~ ~nd wie~s~am i~aw~na polkip on any of aid bvild~npR, in~ tnN.~s1 f!»?~in a pat ~hw.of, in ~M appreyaN wn~ afaKaW a In NcoNS tMnoi. sMll ca~~ain ~h~ uswl n«+dad morr~pN cl~uw a wch wMr clwM « 1M MortpaqN m~r rp~u~. nwkinp ~M loa vndM sad po1F ciK. ~ w~d ~wry. wrabi. a sa+d MORTGAt3EE- a tb ~?~ua~ msy ~PP~w. and ~sch and wKy ~uch po~ky aMll b~ promprty ~ ynrd ~nd dNiva~~d a Ml/ MW by ~id MORTGAGEE N(wthN stevrlty to f~id mortpay~ d~bt, and, ewt 1.ss ~i+~n tee (101 daya ie ~dv~.~a of ~h~ ~xpN~~~on ol ~ach poliey. ~o dr liwr to safd MpRTGAGEE s re+kwal th~.~of, top~thK wttA • naipt fp th~ pr~miwn of wch renew~li and tMr~ ~hall b~ no iu~ a winds~am irowanc~ pl+ad on any oi aid bvildirps„ uiy intKat tlw~in w psrt tl~~oi. unl~at !n tM fon~ uid with tM lass pay~bl~ a ~f«et~ld~ aed h MM ~wM snr w~ of ~w~eY b~ca~+N p~yaW~ w~dn wch polky a policie~ wid MORTGAGEE aMll h~w th~ op~an ro npiw .nd apply tM w~ on accar~~ of th~ fnd~b~.d~ n~ss 1~tur~d hK~y w w p~nnit wid~MORTGAGORS ro naiw ad vn it a u~y part thtrwf fa o~he~ pvrpotet, viithout ~hercb/ waiviwq o~ +n~ir• inp anY pvity, li~n a iipht w~dar w by virtu~ of thia matpa~t u+d in tl» ~v~nt uid MORTCsAGORS shall fw any r~ason t•il ro keep ~M u~d pr~n?~ •o inw.ed, a fatl b deliwr p~ony,Ny any of s.W polici.a of inwranc. a s.d MORiGwGEE. a f•il promptly ro Pay fuuy •ny p.em;wn th.r•iw w in anr rap~tl fa(1 b p~rfwrn, dixharps, ~z~cute, ~fhct. compl~t~. comply wlth and ~bfdt by this townant, a~ny p~rt haw~, said MORTGAGEE may plac~ a~d WY ia ~~x+nc~ or +ny P+N tMnof withow waiviop or ati~ctinp aer option. li~n, e~ity. a riqht u~der or by vinw of this Ma~~. and tAe full amo~x?t oi sach and ewry such paym~m sl»II b~ inwnadi~t~ly dw and pyabl~ ~nd shsll bw interett from th~ daf~ thareoi w?til p~ld ~t tM raN oi nFr» per ca+~um p~? innum u~d rogeihsr with wch int~rest shalt b~ secu~ed by th~ li~n of thb mo?ty~. 4. To pKmit, cortwnit or wff~r no wuf~. Mnpi4rtKnf or detaioration of said property or ~ny p~n thereof. ~ 5. To p.y all .nd ~irq~la. the cwn, clwry~s and ~xp~nsea, incl~dlop a ~tasooabl~ ~ttwn~y i f~e a~d oos~a of ~batracls of titl~, incurred o~ p~id st +ny turw b~r said N1pRTGAGEE, b~cwae or in th~ ~w++t of tM failwe oo the pan of tl+~ said MORTGAGpR to duly, prompNy and fully psrfwm, d~sch~.~ exxut~. ~ffec~, complet~, comply with and ab~ by ~ach ~nd arery th~ stip~lations. ~preaneots. caxlitions, and covensnts oi said p~omiuory nots ~nd thi~ monyape any or eithK. ~nd w~d costs, tFwr~es ~nd ~xpenses, csch ~nd ~very, sMll. be immediately due and payabte; whe~her a not there bs ~ot~ce de~ mud, attampt ro eollect a svit pendings and th~ fuU arr~o~nt of ~acA ~nd every svch payment shall besr intere:t from tha datt thereof v~til p~1d af the ~ate of nine per eentum per anrwm; and all said costs, chuysa and eapenses intwr~d a pald, toqelher with suth inte?asl, shall be :ecured by the lien of thu ^wrt~~. . 6. That (a) in the eveni of any breach of this Mortgag~ oi default on the piri of ths MORTGAGOR, or (b) in 1F?e event any of said wma of mon~y herein r~fened to be ~ot promptly and fully psid within thirry (30) days next afte? ~h~ sanx severatly become dve and payabk, withow dema~d w ratice, or (cJ in tM event cach and every the ttipul~tioeq, agneme~q„ conditions and cov~nann of se~d promisswy rate and thts matgaye any a ei~her a~~ not iuly, promptly and fu11Y perform~d, disclWrged, exea?t~d. ~ffected, compkted, complied with a~d ~b~ded by, then in either w a~y auch tvent tFa s~id ap- gregat~ wm meMioned i~ wid promissory note then remainirg v~paid, with inte~est acuued, and all muneya secured Mreby, shell become dw and pay- able fwthwith, a thereafter, at ths option of said MORIGAGEE, n f~lly and completely u if all of the said aums of money were originally stipulated to be psid on s~ch day, anythiog in said.promiuwy ~ote or in thh Mort9aqe to tM contrary notwithstsnding; and there~rpon or Ihereafter st the optio~ of said MORTGAGEE, without r?otice or demand, suit at iaw or in pvity, .theraFore or thereafrer begurt. may be prosecvted as if all mw~eys sewied I~ereby had matwed prior to iri instit~tion. ~ ~ 7. That in the event that at the begiru?i~g of or at ~rry tim~ pendinp a~y wit upon this Mortgage. or to fwecbss N. or to refwm i1, or to enfora ~ payment of any claims. hereunder, sa;d JdpRTGAGEE shall appty to tl+e Coun Rsving jurisd~ion thereoF for the appointme~t of a Recciver, such Coi,rn shall fathwith ~ppoiM a receiver of said mortyaged properfy a~~ uKJ sirgulu, includ~ng all snd singular the incoms, profits, iasust snd revenues from what~ver tourte derived. each and every of which, it beinp expreuty u~dentood. is hereby mwtgaged u it tpec:fically tet forth and described in the prantirg ~nd habendum da~ses he~eof. and such ReceF„er ahall F~ave a!! 8rc broad snd eHective f~rnctans and powen io aaywise envusted by • Court to s Rcceivm. and such ~ppointment shall be mad~ by svch Court as an admined eqvity and a matte~ of ebwlute ~i~hl to aid MORTGAGEE, and without refe~ence to ths sdeq~sty or insdequacy of ths vslus of the property mortp~yed er to the sohre+~cy w insolvency of faid MORTGAGOR or the defendann, snd that such rents, profits, incwne, issues and revenues shall be applied by such Receiver accwdinp to ths lien or puity of said MORTGAGEE and the practice of such CouA. . . . 8. To duly. pranptly and fielly parfwm, dixharye, exacute; effeN, complete. comply with ~nd abide by each snd every the stipulatio~s, agreementa. conditioaa and co~enann ~n ta~d promisawy nota and this mort9sye set fwtA. . 9. Thaf in the event the ownership of the moAyaQed premises. or any part thereof, becomes vested in a penon other than tM MORTGAGOR, ths MORiGAGEE, in successors and assipns, may, witho~t eotice so the MpRTGAOR, de~l with such sutce~sw w successor in inte?eit with reference fo ihis morfgage and the d~bt hereby secured in the same m~nner u wilh Mwtgagw without In any way vitisti~g w disthar9ing the Mortyagon' liabilify here- under or upon the debt hereby secured. No s~k of the premises hcreby mwtgaged snd eo fwbearance on 1he part of the MORTGAGEE a its succeswn or auigm and no exlension oi the time fw the paymtnt of the debt hereby secured given by fhe MORTGAGEf o? ifs sutcessors or usigrq, shall operat~ ro release, dischar9e, modify change or afiect tha original liabiliq of the MORTGAGOR herein, either in whok a in parL 10. It is speufically agreed that tims is of the euence of this co~tract and that ra waiver of any obl~gation hcreuoder or of the obliyation ~a cured I~ereby ahall at any time thereafter be ixld to be • waiver oi the terms hereof or of the ir?strument secwed herby. i t. In addition to the forego:ng monfhly payments of princ pal and irttere~f required by the promissory no)e setured hereby, mortgagor epvenants a~d agrees fo psy ro mortgagee with e~ch monthly payment an addirional sum eitimated by mortgagee fo be equal fo 1/12 of the annual cost of the follow- ing: A-All real property taxes kvied or auessed against the above dexribed real esfate. B-Piemiums on fire and windstorm insvrance as herein requ~red to be urried on the improvements situate on the abore destribed p?emises, C-Piemivms on such mort9age gusranty insu~a?ite as mortgsgee shall irom time to time deem fit fo prry on the loan secured hereby. Mwtgagee shail from time to time notify mortgagor in writing of the amoum due and payable hereunder and suth wm shall thereupon be due ~r~d _ payable on the due date of the r~e,~t monrhly paymeM and each successive montF~ theresfier ur.til mortgagee shall notify mortgagw of a chsnge in such ~ amovnt. Such wms shall be applied by mortgsgee towsrd the payment of'real property taxes, insurance prem:ums, and rtwrtgaye ywranty inwr~nce premiums. - ~ IN Wl1NES5 WNEREOF. the ssid MORIGAGOR has hereunto set his hand and seal the day and year first ~foresaid. Sioeed. S~akd and deliva.ed in the p~esenca of: ~ Her ~ Annie • Barnett, a ~ ~.q -l Mridow q . - ry _ . ~ STATE OF flOR10A couNn o~ ~ St. Lucie ~ i defae m~ penonally app~ared - ~'?~Q 88rn t~ a r3dnr~ ane~ (71 7 i e C~1a=I~1a and ~ MBYy R. Ch~tmon his wiie, to me welt known aod known to me to b~ the indivkiwls dac?ibed in and who ~xecvted ths forsyoirg instrvm~nt, and ~cfcrwM,ledped before ms that thay executed the wme iw tM pwposes ~ r?,~~~M .,~ae~. n,~ ,t„ ,,;a Mary R. Chatmoa wife ~ ~d Ollie Chatnwn ~ ~ ~ upon • tepara:s Md piv,t~ examinatan by me taken aeparate and apart from her said luqband, xlcrqwledged ro and before m~ thst she execvted ssid irotrument freely ~nd volw~- ' tarily and without any compuban, constraint, apprei~sraion, o~ feu of w from her said husb~nd. . WITNESS my h~nd and off'~cial seal thK ~~T pL d~ ~ Y A. D. 19~.Q. Notary 'in. ~d for t uts of Flwida ~t lup~ M~ K ~xpires: ~ / Q ? / Reture Ta . . _ _ ~ : / . First federat Savings 3 toan /4sociatio~ ~ , - ' . ' Of ~on P~erca J,~,~'iti~~~i~~~~~~ ~K.~S~Uk O~ flpft~A ~(~i(~ _Fo?t Pierce. Florids ~ ,~ll~ ~..b. ~n ';w'a :,r-v"-•~~-~.; „`~~~D RECORDEO - ;:j~ ~ ~ : t : « _ ~ ^ OUNTY, F r ' ~ L... ; This Instrument Prepared ByWa. B~ Braun . F , ° - ~ . ~ r!F~ ~ First Federal Savir?gs b loan Association ~'~`"~;~Q,~ x''`~ 1~~4 E ~ of Fort Pierce , Florida ~ ~ ,A. ~ : a = lt?r 8~ ~ O'• : w`: . Q;;'~;:' t~~,; 4 ~~,,~o'•~•::::..~o~~, 27 p~ ~ • 3g ~ ch~ked By ~ ~r,. 0 : h~p , • ' ;1e~Ktt~~t~~ • ' ~1 G ~NQit.[~ r ~i~7.,~? .=plTRNS J~"`~~` ~=nCUlT ~OURT ' ~ BOOK ~8U PACE ~22 ~ ~ _ _ . ~ _ ~ ~ . _ - - , : ~-=h~ .