HomeMy WebLinkAbout2158 ? To pl~ N.d cauMwo~?dy ~p on ~M twildi~+y~ nvw o~ I~~afqr wtvit~ on N?d I~nd ~nd on ~11 ~q„ip~a»M w+d pator?~Ily cova~d bY ~id? naep.
p~, wi~A dl p~m;vm~ ~herwn p~yd ;e 1~I1. Iw~ imwa~c~ in ~M v~wl tt~ndsrd po~~ fom?, M~ ~~wn ~pproHd b~ tl» MORtiGAGEE. and win~torm
in~ww~a M Mw wual a.nd.~d pol,c~r lar~ 1n ~ swn approwd by ~M MORTGAGEE. tn wcA canp~ny a comp~niet a rh~ MORTW?GEE n+~y
dYrcq ~nd ~11 t~n ~nd wind~ar+n anw~nce poficia on w~y O~ NiII aNWM1p~. M1Y MM~Mt IIIN~M1 Ot p~Fl fAN~O~. in N» ap~r.p~h wn+ afa~wid w
In ~aau tMrwl. ~hsll com~in ~i» uwal uM~dard mor~pap» clw~e a wch al+w clwN a tM Morlppe~ n+~~ ?p~?v~. n?~li^Y ?1r bu u~ w~d poN~
ciN. ~acl~ ~nd ~w.Y. WrabN ~o Nid MO~TGACsEE ~s ib 1ntN~tf enay ~pp~r. ~nd each a~d ~vNy wch po~~cy ~I+all b~ prorepHy ~yned ~nd dNivw~d w
«+r MW b~r wd MORrG~GEE ~s (w~1+N ~scuriry ro a~id morpa~ d~b~, ~+d, nw ka ~Fwn ~M (10) dap in adra.~ of ~h~ ~~pi.~tion ol e~ch poli;y, ro d?
livrr ro wid MORIGAGEE • ren~wal therwl. ~op~~hN with ~ r~c~ipt fw th~ pr~miwn ol wch ~~rwwafj ~rd ther~ ~hal1 b~ no fu~ a win.iaram Mwraec~
plaad on ~r?y o} u7d b~ildi.gs. ~ny H~terMt ther~~n or pu1 tlw~o/, ~n0eu in tM fonn and wiih ~M bu p?~ab1. ~t ~fa~wklr ++~d f~ tht ~wnt ~ny swn
of ewn~Y bca+ws pa~~bls w~ wch Palicy ~r Policws-aaid MORTGAGEE ~hall Mw d» opuon w~~cr'w Md ~pply ttr s~rr» a+ ~ccoum o/ H+e l~+d~br~}
n~ wcw~d her~by w W pkmit sa~d MORiGAGOttS ta nceiw and w~ N a~ny parl rMrwl fw orixr purpose~, w~ihou~ tha•eb~ wai~~~.~ a Unpa'u-
~ anr .~,~h, IiN? or ~qht w~da a br vbtw of tAis mocl~p~t ~nd in tM ~~t Mid 1NORT(~1GORS ~l+~II tp any r~awn tai) ro k~ep tl?~ s~id pr~misN io
insu?fd. a f~Il b delivK promp~ly any of s~W polici~s of Inswu~t~ ro said NWRTGAGEE. a f~il promptly b pay fu!!y any piem;um ther~fa a in ~ny
n~p~c! f~i! b ptrfw~, dixhupe. ~x~cvr~ ~ft~d, compl~h. comply with ~nd abid~ by thb cownanf, w~ny parl hn~of, said MpRTGAGEE may pl~p ~n0
paY for sueh ieawanc~ o~ any part thaeo( without wahriep a aff~ctinp any option, li~n. puity. w riyhf unda a by virtw of fhis Mwrqpe. ~nd th~ -
full wnoun~ oi tach w+d w~rr a,uh paym~nt thal! b~ irrvn~di~Mly dw ind py~We u~d shall beu iotKeit from tM dNe ther~o( u~iil pad a rM an ol
nin~ pK centua~ pK arnwm a~+d togetha with such interesr ~hall be secured by th~ li~n o( this nwrt9aps. '
To p~rmit, commH or wff« ~ wuN. Mnp~'ur~m w d~terioruion of s~id property a~ny put tl+e~~of.
S. To p~y dl ~nd dnpul~ fM oosts charpes ~nd expe~ses, includinp a ~iasoa~abb ~norn~y's (M +nd coin of ~bstrach of titl~. i~?cvrr~d or p~id a~
~~y tim~ by said JNORiGAGEE, becaw~ a in tM ~vent of ~he iailw~ an tM p~?~ of tM s~id MORTGAGOR to duly, promptly ~nd f~lly pe~form, d~sci+s~q~,
exscut~. ~if~n. comple». comply with ~nd ~b:de by ~ad~ ae+d avery the stipulu~oi», ayreementi. conditiau, and oownann ot uid p~om7isory note and ~his
mortyap~ ary~ a ei~Fw~. ~nd said cosn. clar~es ~nd ~xpensts, eacA ~nd ~very, sha~! b~ knmediately du~ and payibte; whether a not ther~ be notice ds
mand, attempt ro collect or svit p~~d;np; snd tM fvll wnou~t of each and ~wry wch p~yment sl?~II bea. interK~ from tM datt th~reof untit paid ~t th~
rare oi nin~ per centum pe? aruwm: and all ~aid co~ts, chu~s and expenses incvrr~d w paid, fo~ther with suth inter~:r, sh+ll b~ sttwed by tFw lien of th'q
morpap~. . ~
b. Tha1 (e) in tM ~wr?t of any bre~ch of this Mwtya9t a d~f~~lt on tM pan of ths MORTGAGpR, or (b) i~ t!» ava+t ~ny of said swns of mon~y
herein referred to_b~ not promptty ~nd fully paid within thirty (30) days nent after the sarne t~ve:ally becoir~s due and psy~bb. without d~mand w notict.
or (cj in the evenf exh and avery 1he atipvli~ions, sQreements, conditions and cov~n~~b ot said promiuay note ard th~s mort~aye a~y o~ eiiher ~r~ nol
iuiy, promp~(y and futty pe.fwm~d, d~xhu9ed, ~xecutd, ~ffact~d. compl~re<!, co~npli~d with a~d abided by. tMn in either or any soch ~veeH tin~ s~id -
~fl~il! !Ym ml~11Wf1l~ i~ uid prom;ssory note then remainirg unpaid, witA. inrsreat acuued, and aU moneys s~cured hereby, sh~ll becorne dut and pay~ t
+bi~ for~hwith, w thcreafter, at the option of said MORTGAGEE, ~s iuly and compl~tety u if all of tl+e said sums of mo~ey were wipinally ~tipul~ted
to be paed on s~ch day, anything in saKi prom;a~ory note or in this Nlatpaye to the contr~ry notwitAstsnding; and thereupon w there~fter at th~ opt;on of
s~id MORTGAGEf, w~~ha~t notice a de~~nd, suit at law or i~ eq~ity, therelwe w thereaftx bs~un, rtwy bs proaecuted ~s if all mw+~ys s~curad hsreby
had matwed pr~or to its institutan.
7. TMt in 1F+e event ~hat at tFK beyinn;ny of or st any tim~ pe~d'iny ~ny wit upon this Mo~tg~ge, o? to faeclos~ it, w to reform it, o? to e~foros
payment o/ any daims hereunder, said MORIGAGEE sF~ll apply to tM Court havinQ jurisdktion "thersof (or the appoi~tmem of a Receive~, such Court sh~Il
FortMirith ~ppoint a receiver of said mwtpa~ed pro{~e?ty all and si~yulu, ind~d~ng all and sinqular the ir,come, proFiq, issues and revenucs from wh~tawr
souru dNiwd, each and every of whKh, it beirg expressly understood, a hereby mwtgaped as if spec~f;calty set fwth and described in the p.antiny s~d
habend~rn clauses hneof, and such Receiver shall have all the broad snd effective funcYwro a~d powc.s in anywise entrusfed by a Cou.t -to • Receiver. and
such appoi~tment sha11 be made by such Co~rt as sn admitted eqv~y and s matter of absotute r~gM to said IY~ORTGAGEE, u+d without reference ro ths
adequacy w inadequacy of the wlue of t1~e prope~ty mwtg~ed or to the wlvency a insolvency of said MORTGAGOR a 11ie d'efendann, and that such
renfs, pro(irs, income, iuues and revenues yhall b~ applied by wch Receiver xcordiny w tM lien w puity of taid MORTGAGEE awd the practics of such
CouA.
8. To duty. promptty and fv1ly pKform. d',scharg~, ex~cut~ effect complete. comply with ~nd ~bide by exh and every ths stiputatiooa, ayrcements,
conditioro and cwcnants in said promaswy not~ ~nd this mort9sy~ set fwth. '
9. That in the event the ownership of the mortgaqed premisp, a any parl thereof, becpnes wsttd in a p~son othe~ th~n the MORTGAGOR. tM
MORTGAGEE, its ~uccesson and suipra, may, w;rhovt reotice to th~ MORTGACNt, desl with such wocsssor or successor in interest. with reference ro this
mwt9~e and the debt hereby secur~d ie the same msnMx p with Mortgago~ withovt in u+y wa'y vit~atinp or discFyr9iny ihe Mort9~gors• (iabiiity hera
unde~ w upon the debt hereby secvred. No sale oi the premisas hereby mortyaped and eo iorbearance on the put of the MORiCsAGff u iti luctesson
o~ auigna and no extenslan of the time fot the paymtnt of the deDt hereby setured pivfn by ths MORTGAGEf a its succeswn o? assi9~a. .hall opa~at~
~o rel~ase, dwclwrge. modify charpe a affect the wipinat lisbil~ty of t1~e AhORTGAGOR herein, eithsr in whok or in part.
1Q. It is specificatly apreed 1Mt time a of the essence of this contrsct ard that no waiver of ~ny obl~yerion hcreunder or of th~ obliyatio~ sr
cured hereby ahall at any fime thereafrer bs held to be a waiver of tha terms hereof w of the instrumeM secwed herby.
1!. In add~tio~ to the forego:~g monthly payments of princ'pal and intcrest required by the p?omissory npte secured hereby, mwtgagw covenints
and agrees to pay ro mortgagee with each mw~thly payment an add~rional sum estima~ed by mortgagee to be equal w 1 j 12 of the annual cost of the fotlow-
ing:
A-Alf rea! prope.ry taxes levied or assessed against tF~e above dewibed reat estate. ~
B-Prem~ums on fire ar?d wi~storm inswsnce as herein requ~red to be carricd on tF?e improvemer~ts sitwte o~ the sbove described prem'~ses,
C-Premiums on such mortgage guaranty insurar~ce as mortgagee shall lrom time ro time desm fit to carry on the {oan secvred hercby. _
Matgagee sha(t from time ro sime notify mwtgsgor in writ«~g of t?~e amovnr due and psyabk he?eunder and such sum sMll theseupon be dve ~nd
Fayable on the dur date of fhe next monthly paymeret and each successive month the~eafter until mortgsgee shaU noGfy mortgagw of a tMnge in wch
amoum. Such sums shall be applied by mortgay~ee toward the paymeni of real property ta:es, insursr~ce p~em:ums, and mo~tgaye gva?anty irouranc~
p~emivms. - .
IN WITNESS WHEREOF, the said MORTGAGOR Ms he~euq hand ~nd sesl the d~y and fi ~foresa' . t
s~. a~ of: ~r~~ aND REC~tA,~p~ r
ST, LUCIE COUNTY, R ~n
. R~COR.D V~~~FIED
~
. ~ 19`78E~~ ~ A
'?0 SEP I AN IQ : 5 °
STATE OF FLORIDA ~ ,
COUNTY OF - St. '_11C1e ~ D ' i~"' ~
fZQ{~r[, ['~0~~
i ~
l~fore m~ peraa?allr app~ued - ~.'L RK ~AAA~~+~~-t1~ivQr~QY@5 ud
Zda F. Keves- t[TT
lus wtfe, to m~ well known a~d knowe tc en~ 1p b~
rha ind~vidwb desc?ib~d i~ Md who sxecuted the fwe~oirg ku~rurrNnt, and ~clcnoM,lsdQed b~fa~ me th~t they ~xlcuted the sam~ for tM purpos~a
r?,K~;,, .xpteued. A„d N,. „~d Ida F. Keye s
wifs o~ ~r~. ~.~a Richard . Keyes ~ ~ ~~t~ ~ ~
examin~tan by me taken aep~.m ~nd apart irom her said husband. Kkrqwledyed b~nd b~fw~ mr tMt sFM executed sa+d ir?strum~nt fts~ly ud vofwr
i~rily ~nd without any compulsan, tonstraint, apprel~era~oQ,~w feu of or from F~ aa}d hvsband,
WITNESS nry i?and and officia! seal th+s q~Q R d,y ~ Au u5t A. D. 19 7O
• No1+~lr PvW' w?d iw a(~ of F{aida ~t t~r~
R~twn To: MX Cort~rn~ ~xpint' L~ ~~~I
First fsd~r~l Savirys a loan A~wtiatan ,~~:~`;~t11tilJ~ri 1:` ~K, ~ti! 0~
Of Fwt P~erce. e,' e
~ . ~ ~q ~11 6
Fat oK.~a. Fia~ :~••;a-., :;,..`.~r. ; q. 19n
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This Instrument Prepared By James D. Ch~c~ta r !t''~ =
First Federal Savings b toan Association ~ L~~1'~:
of Fort Piercq Florida :
p::~t;•Q Y~::
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Checked 0 " 5T~
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600K18S ~2154 { ~ - `
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