HomeMy WebLinkAbout0127 To p1.a «d cau~?uowh? 4.~p on ~h. bwWirqs eow w M...f~ w~wa ow •«d I~nd .nd on .N eawpmen~ .nd p«w~v~~r cew?.d by Mb w~a~ z
q~, wi~h ~N pr~miwn~ ~Mreon p++~d in fuU. (in inwrana ~n tl» u~wl s~andard po~icy fan~, in ~ ~ww ~pprowd M th~ NWR~W?GEE. Md wind~wnn ~
hwrana M tM wwl ~~andard po~Kl? farR M.~ wa~ ~ov~d bp Ny MOR~GAGE4 In wcA oani?~^1 a~P+^~ M tM MOR1GAt3E! n~+y
dintlt and ~N fir~ ~nd windtlonn inM~anor P~~ ~ Mh? Oi s~id b~ildi~. ~ G?1~s~t tM?~in w p++t ihrnol. in IM pqrc9~M iww ~forNaid a
N
in ~aaq IM~w1. sf~atl cau~in th~ vsual u~d~rd ~worbp» clwM a wch o~ha clwM a tM Mat~pN rnay rp~nn, nw?inp tM tws ue~ awd poli~
ciN. eacb Md wNY. Wr•b~ a said MORiGAtiEE M iM imNNt rnay app~M. ~nd Nth ~nd wal? s~ch PaKll sha11 b~ pron~h usy^ed at~d O~IivN~d M
am h~W by wid MORIGAGEE a(w~l+~ sewrity ro s~id mapa~ d~W. a~d. iwt las Nwn tM l~0) days In ~dvN+u oi ~M ~apirat~on o( ~ach PaK7r. ~o da
liwr a s~id AAt)RTG/?GEE ~ rMewat ti?Kwf. rop~tlwr witA • nc~iW fa the pnmium oi tuch ~~walj and thK~ sfiall b~ ro fK~ a winds~a~n M?swanc~
plapd on ~+y of s+id buildinps. ~ny inte~at tlwr~in a pwt tl~wi. w+bu in IM fonn and with tM toss payaW~ ~s ~fwnaid~ and in th~ ~we1 M1r wn~
of mon~y b~com~s P+Yabb ~x~ wcfi polkl? o? polici~s said MORTGAGEE ~lull haw th~ optan ro racetw and apply tM s~me on acca?nt o) tM ind~bt~
r~ss secw~d Iwaby a a pem~i~ said MORTGJ?GORS ro nasiw aod uw U a any pat tMrwf Iw otF+c~ pu~poses, wi~F?ovt Ihrreb/ wairi~p a~mp+ir-
~+~Y ~~Y. li~n or riph~ un~ or bp virtw of 1hi~ narty+p~t and h th~ twsnt wid AFORTGAGORS sh+ll ior any n?awn fail w ke~p ~1w said pr~nisa w
k?sw.d, or fail a deliwr promp~ty any of sad polid.s o! insw.na w said IaORTGA(iEE. or fail p`omptiY ~o p+y fv1tY any pr~nni~T therefo~ o. in any
r~sp~ct f~il b pKfonn, dischar~e, sxecu?e. ~fhct. con?Pl~ts. oomplY with and abid~ by tNs covtn+n~, w a~y P+~1 h~reof, said MORTGAGEE may pl~a +nd
p+Y fa wd~ i~uw.no. o~ .nr p.?~ the..of without w+ivinp a~ff~ctinQ +eY aWioa. li~n. pucry. or ~iph~ w+dw w by virtw of this Mohpape. and the
fvll amouM of each and ~.sty such p+Yms^t sh+ll bt inw~wdi+t~ly dw +nd pyabl~ +nd shsll btu interest hom th~ d+?~ theroof until p~id ~t tM raN o1
n~r» pN untvm p~t ~tvwm and ~o~e~her with urch' intsrest shalt b~ secur~d by th~ lien of N~is mort~+y~.
1. To p~?mit, oomnst ot wifer no wu% imP+irment or detKioratan of said propury w u~y part tl~wf.
S. To p+y ~11 ~nd shgula~ ths cosn, dur~s ~nd ~xPw+~es. includinp s rs+son+bk ~ttor"~1r's fN ~nd cosa of abstracts of titk, incwred or paid at ~
any tims by wid N10RTGAGEE. beta~se or in the ew~t of th~ failure on tF~ pat of tM said MORTGAGOR w duly. promptly and fu11y ps~fwm. d~xhuy~
•xecut~. ~ff~ct, complet~, complY with uid ab;de by e+ch and every the stip~l~tions, s~reaments, contlitans, +nd oownants of said promissory oote and tha
mwt~ap~ a~r a a~her. and said costs, charQes and e~cpenses, ~ach and ~very, shall b~ immed'utely dw and payable: whethe~ or rat the« b~ notice ds
mand, ~ttempt to colkct w wit pending; and th~ ful! amount of aach and werlr svch P+Yme^t shill bsar Interes~ fran tM date thereof ~n+til psid N th~
rate of nins pw centum per annum: and all iald costs, chuqes and expa+ses intwred or Wid. Wpether with wch interes4 shall b~ sew~ed by th~ liN+ of thu
mat~ay~• 1
6. iMt (a) in the ~wnt of sny kxesch of this Mo?tysp~ w default on ths part of the MORTGAGOR, or (b) in tM event any of said swmi of morwy E
hereie referced ro be not prompdy a~d fuly paid with9n thi~ty (30) d~ys ne:1 after tl+e s+rr~e sew*atly become dve and payable. witlw~t demar+d w. notice,
w W in the evcnt each and every the stip~tatio~s, +gr~b. conditions snd cov~nanb of said promiuory mte and th~s mortga~e any a sither ue na
iuly, promptly snd fu11Y performsd, d~xharyed, executad, effected. compkted, canpliad wirh and abided by, than u+ ei~her w any i~ch went tM said ~
gregst~ wm mentaned in said promissory note then remaining unpaiid, with iMN031 KQU!<I. and all mo~eys secured hereby. sF.ill become dw and p+y-
able fwthwith, or thereafte~, at the option oi said MORTGAGEE, ~s fully ~nd compktely as if all of the said swns of mon~y were ai9in~lty stipulated
to be psid on s~xh day, anything in ssid promiuory note ot in this Mortyspe to the ta?trsry notwithstanding: and thereupon w thereafter at the option of
said MORTGAGEE, without notice a demand, wit at law or in eqvity, thereforo or thereaher begun, may be prosecu~ed as if a~~ mo^eYs sen+red hereby
hsd matured ~wc to its institution. - - . - -
7. That in the event that at the beginning of or ~t any time pending any wit upon this Mwtgage, o~ to foreclose it, or ~o reform it,.a to enforp .
payment of any daims herevnde?, ~aid MORTGAGEE shaU appty to tl+e Co~rt h+viny jurisdiEt?~oq the~eof fw the sppo~ntmerN of a Receiver, such Carrt shall
forthwith appoiM a ~ecciver of said mortgaged property all a~d sirgvlar, intiud~ng all snd iing~lar the income, pro(iri, iuues and revenues (rom whatever
souroe darived, each and every of which, it bein~ exp?euly undcrstood, is hereby matgaged as if speufic~lly set fath and described in the gr~ntu+y snd
habendum cla~scs hereof, and wch Receiver shati h~ve ~II the boad and effective fwxtions and powen in anywise entrusted by a Court fo a Receiver, and
wch appointment ahall be made by such Caxt ss an sdmined equity aod s m~tter of ~bsolute rght to said MORTGAGEE, u~d without reference ro ths
adequacy or ioadequacy of the wlue of the property mwtpaged o? to the wtvencp or i~sotvency of said lNORTGAGOQ a the defendann, and that wch
rents, profits, incane, issues and revenues shall be sppliad by such Receiver according to the 1'ien or•eqviry of ssid MORTGAGEE and the practice of such
CouA. .
8. To dvly, promptly and f~lly puform, discharge, execute, effect, compkte, comply virith and abide by each and every ths stipulaNons, ~greemenn,
conditio~s snd covenann in said promissory note x~d this mortgsge set fwth.
9. That ie the event the ow~xnhip of the rtwrtg~yed prem~ses, or any psrt thereof, becomes vested in a perwn other fh~n the MORTGAGOR, t!»
MORTGAGEE, ib wccesso?s aad auigns, may, without notice to t?ro MORTGAOR, deal with svch successa or successar in ime~es~ with reference to this
mwtgsge and the debt hereby iecured in the same manner as with Mo~tgagor without in any way vitiating w distharging the Mortyagwf' liability here-
under w Zpon the debt hereby secured. No ssle of the premises hereby mwtgaged and no forbearance on the paN of the MORTGAGEE or ib svaessors
or assigm and no extension of the fime fa the payment of the debt hereby secured 9iven by the MORTGAGE'_ w its successors or auiyns, sh+ll ope~at~
1o rekass, discM~ye, modify change or affect the origin~l lisbility of the MORiGAGOR F~erein, either in whole or in psrt.
10. It h specdfically agreed that Yune is of the esse+~ce of this cw?tract and that no waiver of any obligatan here~rnder w of the obtiyation sa
cured hereby shsll at any time thereaher be held to be a waiver of tFie terms hercof w of the.instrument secured herby.
11. In additio~ to tF~e forego:ng monthly payments of princ:pal and interest requ'ued by the promisaoiy rate secured hereby, rta?tgagor covensnri
and agrees to pay to mortgagee with each monthly psyment an addirional sum estimated by mwtgagee fo be equal to 1/12 oi the annuat cost af the follow- ;
i~g: ~
4
~ A-All real property taxes kvied o? assessed against the above described real estate.
B-Premivms on fire and windstorm inwrance as herein ~equrted to be carried on the improvements situate on the above dest+ibed p?emises.
i C-Premivms on such mortgage guaranty inwra~ce ~s mwtgagee aha~~ from time to time deem fit to carry on the ban secured hereby. ~
~ Mwtgsgee shall from time to time notify mortgagor in writing of the amount due and paysble he~evnder and such sum shaU thereupon be due ~nd
payable on the due date of the next monthly payment and each successive month there+fter urtil mortgsgee shall notify mortgagw of s thange in such ~
~ amount. Such wms shall be applied by mortgagee toward the paym~nt of real property taxes, inwrance prem:wns, and mortgsge guaranty inwr~nce
premiwf~s.
~ IN WITNESS WHEREOF, the ssid MORTGAGOR has hereuMO sst his hand and seal the day year fint a esaid. -
se~i~a d~r„~.~a w«.~ of: gT ~IUC E COUN T ~ n
_ ~rC~RO VEf ,E7 lsNq ,
~ ~.~~i~$ 't.,.n :
~ '70 JU~ 27 PM 2. 8 n
STATE OF FLORIDA . - ~ C ~
ST. U1CIB ~ ss.
courmr oF i 0
a sin le adult ~c
defore me personally sppeared
~o me well known snd known fo me to b~
the individwr described in and who exccuted tF?e forcyoirg instr~ment, and acknowledyed before me that /hey executed tfie same for tl+e purposes
?herein ~xpressed q, - -
~
WITNE55 my Iwnd and official ~est thi~ g~ - dsy of Julv , A, D. 19 7O ~
. . ~ • . ~L/~iM ~~L+~i~VA~ ~ ~
'-~~Notary Public In ~nd for ths St~te of Florid~ ~t lar~e ~
~ ~i- ...-.'F'~. . t
_ My C«rrnissan ~xpires: ;
Retum To: . `'~`~~i~tilt,iNflit~~J ~
Fint Feder~l Savings 3 loan Auotiation .•~~~i~~.4~.: .;~,~`.`i~i, ~j~ r110L1i'y STATE ~f FLpRlQ~ AT (~E ;
Of Fwt P~erce. ~ 1a - 'i:, MY OOMMISSION EXPIRE$ SEP7: '
' 23. 1973
fort P;erce. Ftorids i~ :`.v J~ f~ ~ a~~~ i
~ ~ ~ ..l S~~ ~ ~ 1
_ - : :;~r ~ i
- - ~if . =
This Instrument Prepared By r.
J. D. C~~1r:~Q~::•,~~ ~
Firsf Federal Savings 8~ loan Association ;~:~;;.-~~~r;'
of Fort Pierce Rlozida %t''•. `~5-:~'~ •
~ - t~ .
,~jbj~ ~~a~,.,
0 R ~ j
Checked By - t'-°
"~i~i~~~-
~
• ' ~
_ i~ ~
_ _ - ~
- .