Loading...
HomeMy WebLinkAbout0474 To~pl~ a~d conti~wauily kNp on ~M beildinps now a+ h.+..U.. aa.h oe ud t.~d .~d on •u .q~~p,~.n~ •~+d p..w.un~ cowr.d by Mt• ~a~ p~„ with ~U p~m~vnu ~M~wn p~d i~ lutl. Ib~ i~wrM,c~ in ~M u~u•1 •~•~d.rd po~ky ~a~. i~ ~ ivm ~ppov~d by ~M_ MORIGAGEE. ~nd wind~~o.m aaw«,c~ •in ?h~ utiwl Handad pol~cp lam, in • win ~ppror~d by ~M MORIGAGEE. M wcA co~p~nY a camp.~as ~M MORiGAGEE nwy ditieq ~nd ill 1~ and wiod~rorm Mw~ana Pakwt oe ~nr ol ~aid bwW~, ~MI IetN~st thK~M a p~~1 1h~~w1, in tM apq~eg~q ~wn ~fa~uid a . M~ae~s~ ~Mreoi, slwll ca+~~in ~M uswl ~a~d ma~qapM clww o~ wch o~Fw ciwN a tM AAatqpN may ~~qu:r~. Tdinp ~M bu undN u~d po1E ~ ciN. Nth arw! ~vKy. MYab~ M said N10R1GAGEE N iN intN~sl miy ~pp~M. ~nd ~ach M+d w~ry wch polity ~MII be prompHy ~u ynsd and d~liv~~td ro ~ ~ny h~ld by iaid MORIG/?GEE a furih~? ucwity Io s~id mo+?p+p~ d~bl. ~nd. not 1~ ~h+^ M^ 1101 d~1n +dv~nc~ ol 1~ fA{1iNhOIf of e~ch po1Ky. ro dr IivM 1o wid MORTGAGEE • r~n~wd Iher~of. to~ed+K witA a~K~ipl lor tM pr~iwn ot such r~walj u+d tha~ sl»II l,~ no f~r~ or wi~,dti~am i~wr~na pl~ad on My ol Ni1I buildin~f. iny intNHl fhM~M Of pi~) iM~~OI. unNa in the twm ~nd with tM loss paY~Wt al«~s~~d: and M? tM •wM ~ny sun~ of reon~y becanes p~yaW~ wKlK such poliey a policiN s~id MORIGAGEE ~hall h~w ~M opt~a+ ro~eceiw ~nd apply tM sK.» on ~ccovm o( ~M i~+d~b~~d nfff NCW~ hN~Oy Ot b pl~mH faid MORiGAGORS f0 r~CtiW Mfd YN it O? ~oy paft IMi~Oi fw othoe (w~po~es, wJlwut Ih:re b~ wa~v~~~g o~ ~n.pau- i~p ~nY p~;y. IiM w ri~ht urwlN a by virtw o1 tha mortp.p~j ~nd in tM ~vtM u~d MORTGAGORS sMll (a any r~awn iail Io ke~p tM ~a~d pr~m~ks w i~?W~~d. w ~ail b d~live~ pranptly any of said polKief ol tn.w.nu ro sad MORtGAGEE. or fail pro~nplly to pay fultr any p~t~~~um thm~fvt o~ in anY r~~p~tt f~il b paioteR dixMr~, ~aatut~, ~ffM, comp~N~, comply with and ~bid~ by ~hit eov~nanf, a~ny part hereol, wid MORiGAGEE may plat~ •~+d p~Y fa sueh i~wr.nc~ w~ny part tM.wf wi~houl waivinp a~iliainp anr oWfa~. II~n. pu~t~. o~ riqh~ vnde~ a b~ vir~w ol ~Ms Matqap~. ~nd ~M. full arnount of eKh and ~vNy wch p~yn~t shall b~ wmn~diaNly dw and pYabN and ~hall b~~~ interesl from ths dal~ ther~of un~il p~d ~1 IM r~N ol nir» pK c~nlum pN ~nnum ~nd topelher with such im~resr ihalt b~ secured by tM lien ol this mortpays. 1, To pKmit, commtt or su(fK ra wasa. Mnpa'umenl a d~tKia~~ion oi a+id propKty or ~ihr put t1~wf. ' S. To pay all ~nd sinp~lar ths cwts. chvp~s a~d ~ap«+~s. inctudinp + re+so~+bl~ attansy's fe~ and cosn of ibstr~ds of ?ifls. incvned w p~id +t ~ny tim~ by said MORTGAGEE, b~causs or ii+ IM eveY+t oi the failute o~ tM ps~t o( tM said MORTGAGOR to duly. promDtly snd fv11y periam, d~xharp~. ex~cuts, siftd, complet~, comply w~th and ab:de by ~~ch and •very ths ttipul~t~ons, ayreen+e~h, conditiau, and covenan~s oi se~d prom~ssory no~e and tht~ mort9ap~ u?y or eitMt. a~d s~id costs, ch~rpes ~nd e~pe~s~s. each a~d every. sh~ll bt immediately due ~nd payable: wFx~her or ~ot rher• be no~Kt d~ mand, ~tt~mpt ro mlkct w iui~ pend~ng; and tM full arnount of eech and rvN1l wch paymant fha11 b~a. interest from tAe daa thereof un~i1 paid ~1 th~ rate o~ nine-per c~ntum per an~wm; and all s~id cosh, cM~Qei and exp~ns~s ir~tvrred w pud. teg~the~ w~th tuch inte~at, sMtl be s~cu~ed by the I~en of tlw ^areSW~• 6, ihst in tM ~vent of ~ny breach of this Mwtpap~ w default oi~ tFr part of the MORIGAGOR, oi (b) i~ the eveM ~ny o1 sald ~ums o~ mon~y I,srein nte.red ro b. no~ promp~ly and fulty pa~d within ~hu~y (30).days n~at afrer ~M same ssvK~lly become due and payable. without demand a notic~, or in the evw+~ each ~+d every the sfipuiations, agreem~ots. conditions ~nd cOVen~nri of sa.d promisiory no~e ar.d th~s mortya9e any a ei~her a?e nol ~uly. pranptly u~d fully performed, d~uhar9ed. Ol[KYtld. ~ffected. comp~thd. compleed wi~h ~nd abided by. Ihe~ in e~~her a any such eveM tM ~aed ap~ y~e9at~ wm•mentioned i~ said promisswy nota then r~msininy unp~id, with inters~t ~cuued, s~d all moneys secu:rd hereby, shall become dw and p~y~ •ble fathwith, a ther~aite~, at tM option of aaid 1110RiGAGEE, as fuiy and cornpletety es if all of the sa~d sursn ol money were wqinally st~puiHed to be p+id oo such day, aoythirg io se[d prom~ssay nota a in this Mor?gaye to 1he conlrary notwithstand~ng; and thereupon o~ thereaHer ~I tht optwn of said MORTGAGEE, withoW ~otice w dema~d, tvit at law w in pu~~Y. therefwt a thcrealt~ begun, may be prosecuted ss if all moneyt iatured hereby had m~tured pr~w to ~ts irotitution. ~ 7, TMt ir~ the evcnt tF~at at the beginnin~ of or st a~y tim~ pendirg ~ny wit upon tfiis Matqage, w to loreclose it, or to reform it, o~ to en(orc~ payment of ~ny clsims hreunder, said MORTGACaEE shall appfy to the Covr1 Mving ~urisd~ction thereof fa the eppamment of • Recc;ver, such Cw?f sMll forthwith ~ppoint a receivtr of seid mort9aged poperfy all snd sirpula~, i~+clud~~ a!1 and sin9ular the +ncome, prof~n, issuet ~~d revenues from whatever wurce de+ived, tach and every of wh+ch, it beinp exp~eufY understood, is hereby mwtpaged u if specifically se1 forth snd dcw~bed in ~he y~~nrinp a~d habendum ciav:es hereof, ~r+d sucA Rcceiver shall have all the b~oad snd effectivs functwns and powen in snyw~ae entru~ud by a Cour~ to a Receiver, +nd such appoiotrtxnt shati be made by such Cowt u sn admined equity snd ~ rn~tter of absolute rigM to said MORTGAGEE, ~nd withoul re~ereoce ro 1he adeqvacy w inadequacy oi 1he wlue of.the property mwlpped w to the solve~+cy or inso~vency of sa7d MORTGAGOtt a the drfendanri, and that such renn, profin, incwne, issues and revenues shsll b~ appli~d by svch Rcceiver xcord~ny to tht lien a pvity o1 said MORTGAGEE snd the ~NKtICf OF SVCII ~OYf~. d. To dufy. p?ompt?y and fully per(wm, dxM~ye, execute, effed. compkte, tomply witfi ~nd ~bid~ by each ~nd every the stepulations; +greemenb, conditions and covenaros ~n sa~d prom~sswy note and ~hq mortgpe set fwth. 9. That in the e~rem the owner:hip of the_morty+ped pre+o~ses, a~ny part ti~eof, becanes wft~d in ~ person otFier than tF+t 1NORTGAGOR, tM MORTGAGEE, iri successws and usigns, may, withou~ notice to the MORTGAOR, dN! with such succefsa or succaso~ i~ interest with retertnce .to this ~ mort~a9e and the deot hereby secured in ths same man~er +s with kbrt9a9a without in ~ny way vitiatirg a dxharfl+ng tAe Moctqagors' liability hcr? under or upon the deb+ hereby secured. No ssle of ~he Fremius hereby matyaged and no forbearance on tM part of the MORTL'aACafE w its successws or ~ugos and no ea~ens~on of the time for the paymem of the deb~ hereby secured yiven by the MORTGAGE: or iti sucusswf or ass~yns; shall operat~ ro reieas~, d~xhar~e; rr+odify cMnge w affM the.org~na! liability of the AADRTGAGOR herein, tithcr in whde w i~ put. i 10. It is speuficatly agreed that time i~ of ~he euence of this corct~ad and tha~ no w~ivK of ~ny ob~~g+i:on hereunder w ot the obliystion ir i cvred haeby ahall at any time thereafter be held to be a wairer of fht termt fiereof a ol the instrurrxm secwed herby- • 3 I1. In add:t~a~ to the fwego'ng mor+th?y payments of princ'pal and interest req~ired by the p~on+~sso~y note secured hereby, mortgagw covenants E a~d agrees to pay ro mortgagee v.~th each momhly payr+,ent an add~rional sum est~mated by mortgagse to be equal to 1; 12 of rhe annual cost of the follow- :ng: ' A-A~t real property taxes kvied o? assessed agaiast the above deuribed resl es~ata B-Prem~ums on f~re and w~nds+«m ~nsuraRCe as here~n requ:red to be carried on the imp.ovemenb situare on the sbove described premises. x C-Premiu~ns on such mor?gage gvaranty iRSUrance sf mortgagee shall from time to time deem fit to csrry an the Iwn aecured hereby. Mwtgagee s~+ail f.om time ro time notify mortgagor i~? writirg of the amo~M due and payable he~eundrr and suth sum shall therevpc?n be dve ~nd Fay~bk on the dve date of the neat mon~hty payment and each successive month ti~reslter ur.til mortyagee shall not~fy mortgagor of a change in such ~ a~nount. Such sums sF.a~i be appi~ed by mwtgayee toward the paymeM of real property taaes. insurarxe prem:ums. a.~d mwtgage 9uaranty . insu~ance p~em~ums. . ~ fN WITNESS WHERcOF-ihe sa~d !NORTGAGpR Fw hereunto fet his hand and sta) the dsy and yex fK~t afores+id. j ~ ~ °y FIL~O ANO RECOROEO'~ - ~ ST. LUC1E COUNTY: FLA.' - ~ RECO 0 VERIFIEO q ~:~~:3~~ ~ ~ ~ TO AUG 3 AM 8: SS _ ~ - STATE OF FIORIDA ~ ~ SS. C ~ cou~m oF 5?• WCIfi ~r R'-~' ~ ~ dsiore me personally appearod "j ~ t Lula Van Huneyeut his wife, ~o me well known snd known to rn~ to b~ rhe individwls descr~bed in ~nd who eaecuted the fwsQoinp initrwn~~t, and ~cknowled9ed b~fwe me tMt th~y •x~cuted the same fw tM purposes rherein •xpreued. Md tF+~ sa7~ ~.U18 V8[1 ~I~lI~~/C~ItL +v+(e of tM ssid M. H• Hlllle)ICLItt upon • separas~ and pirv~h exam'n+at~on by me taken separste and apsrt from her said husb~nd, ~duwwl~dped b and befwt rn~ that she executed sa~d imtrumenl fresly a+d volurr . rarily ~nd withovt uqr compulsion, constr~int, ~pprehe~ssion, w feu of a from her ~aid huiband ~ ~ WITNESS my hsod and officiat teal this _ day of A. D. 19.1~ _ a.r~ ~1-_~~ „~^i . Nobry PuWic in snd fp the Stat~ of Fbrid~ ~t larp~ My Comm~ssion espires: Retur~ To: ~tffefts~~~ fint Feder~l Ss~~n~s 3 loan /?ssou~~~ ~j~~y~ C MIS~B 0 EXP1 ~Sf SEp~ 23,~1~3 Of Fort P,erce. Z~ ~ J, i~l Fort Pierce. Flwida ` . ~ TN~ F~ aEST~ ^`;-~``L'- i". _ ' ~.t.: C ~r- , =*C : ~ - : This Instrument Prepared By J• D• . Chas ~a1A:~ _ ; : ,p. First Federal Snvings d~ loan Association ;<< . u. . . r . of Fort Pierce ~ Flozida ••'S'~''••..~~.•~'~ ~`~J~;=--- - ~ , Checked By p~+ ~ 60U1c ~OU ~ACE ~ ~ tii~ - - . ~ , - _ _ _ . w.,~~~-~