HomeMy WebLinkAbout1704 To p~x~ snd continuou~ly ?eep on ~he bu~!d~ngi now or herea(1er ~itu~t~ on ~aid land a~d on ell equipmcnl and peraor.ally coveird by thi~ matg•
p~, w;lh •II premiums thercon pa~d in full, lire inwisnce in ~ha uwel ~tm.dmd po~icy fo~m, in a sum approved by ~nr MOR1~,\GEE, and windtto~m
i~w~a~c~ in the uiwl s~endard po~~cy fam, in a wm approved by the f1AORTGAGfE, in such twnpa~y or co~npan~ea as ~he MORIGAGEE may
drctcl; •nd •II (i~• and winds~orm insurante po~it~os on •ny ol said buitd~ngi, any i~fere~l Ihe~ein or patl Ihe~cof, in the eggrryate su~~ a~wesaid or
in ~xceu ~hereof, tMil coolaie the us~a! standa~d ~na~geges ciauss or sw_h other clause ss the Martpages may ~equ~re, maA~ng tiie foss unJe~ s•+~J poli-
des, each snd every, payabl~ to sa~d MORiGAGEE as ~t• intcresl may appea~, and e~ch end every wch poi~cy shsfl be pro~nyo~y ea~ q~~rd and del~vercd ~o
•ny held by said MOCIGi.vtE es fu~~her security to tsi~ mortpage deb1, and, no1 leas than ten (10) days in advance of ~h~ rsp~:e~~o~~ of each policy, to dr
~iver fo seid MORTGAGEE a tenewal thereof, ~oqe?he~ wilh a receipt fot Ihe premium of i~ch renewrl; a~~d thrre shall be ~w f;~e or w~ndstu~m ins~ronce
p~sted on sny ol taid buildir~s. •ny interesl therein a parl thercof, unlesa in the 1o~m and with ~he loss payable as a(o~cseid; a~~d in the r~en1 any sum
of mon~y becomef payable under such policy w pol+cies uid MORiGAGEE shall heve the ~~t!~+ to ~ece~vo and apply the aa~~~e o~ account ol ~he ~~~J~btrd~
nlfl fCCUr~ hlrtby W f0 Pl~mil ~id MORTGAGORS to flCtivQ •nd UfQ i/ W Any pd~l th~tc0) fo~ Oihcr pu~{~osa`3. v.+~h~..u~ th.~•i ur :r ~n~p,~~~~-
infl any equity, lien or rghl u~de~ w by virtue of I~is mo:!qaga; and in ths went ia~d MORiGAGORS shall for any ~eason 1ai1 to keep thc sa~d p~emhcs ao
inaured, o~ fail fo de~ive~ promptly any of said poGues oi insuranca ~o se~d MORTGAGEE, w fo~l prompHy ~o pay fu.ly any pr~•,n~.~~n thorcfw or in any
~espect lail to per}am, discharge, exetute, eNect, canpleta, comply wi~h and abide by th~s cove~.enf, or eny p.+rt htreoi, se~d M~~21:;AGEE ~nay p~ece a~~d
pay ia auch insurance or any pa:t ~hereof wnhout wsrv~ng or •IFec~ing any op~io~, Gen, equ~~y, or r~9ht u~der o~ by vue~e of th~s A1o~tya;~e, and ~hc
ful~ .mount of eath •~ed a~ery such paymeN sha~l be irr~medi~tely due and payable and shall bcar i~vrrest from thc da~a t1~r~rof ~n~11 p.,~d at the rate ol
n~ne per centum pe~ ann~m and to~ether vanl wch interost shall Gr secured by the lien of th~s mortgege.
1. To permit, tommit w suffet no waste, impairment ot deterioreGon of sa~d pio{xrfy o? ~~y pn~1 ~he~cof.
S. To pay all a~d singular ths tosts, tharges and expentes, influd~i~g a reasonable atro~~ey's fee and coets o( aba~racts oi ?~tle, inc~ncd or poid a1
any timc by said MORIGAGfE, beca~se or in the evcnt of ri~c faJu~e .x~ thc purt ot the sa~d MORTGAGOR to duty, p~u~~~p~!y enJ f~iiy ~ crform, d~acha~ge
^xecute, etfect, compiets, coniply w~th and ab,de by each and every ~he stip~la~~ons, agrrrments, condiho~u, and ceve~~an~s e~ s~~d ~~~o~~~~s~ory no~c a»d ~h~?
1~a~fla9e any o~ eiiher, and ~a~d costs, cherges and expenses, eacA end every, shall be ~mmrd~atety due and pev~~~~e; whoth~~r o. not ih<<e b. nuf~cr d•~
mand, attempt ro tolled w svit pend~ng; and tl+e full amourn oi cath and e~~Y ~vch paymr+~t sh~lt txar ~nte~ea~ from the daie thr~~•oi un~il pa~d a~ the
~,re o~ nl~e }~er centum ~rr am,u:n; end al~ sa~d cos~s, chergea end rx'x~~xa irx~rred or pa~d, ~ogether wah su~h ~nte~rst, fh,~ll be sec~<<•d by the of Hns
mort9ye.
A. That (s) in the eveM of any brmch of this Mo~rgage or defau~t on ttx pa~t of thc 11tORTG~IGQR, or (b) in the event any o( sa:d svms oi money
herein refer~ed ?o be not promptly and fu~ly paid within th:rty (30) days ~ert ettcr the sa:ne se.era:~y become d~e and peyable, w~tho~t demand o~ nonce,
er (c) in the even~ each and every the s?ipu;at~ons, sgretments, cond~no~~a and covenants of sa d promissuiy notr a~al th.s nwrlgagc any or e~ther are not
i~ly, promptly and I~IIy performed, d~scharged, eaKUted, effKled, tomplet~. comp6ed w~th and a6~ded by, tFxn in enher or any s.,cA evem ~he sa~d afl
~regara sum mem~oned in sa~d promissory nota t1~e.i rema~nirp unpe~d, w~th inrerest acuued, and a~l moneya secured hereby, s!iali brcome d~e and pay-
~b;e fcrihw~th, w thcteafter, at the opnon of said MORIGAGEE, as fu~ly snd tompletely aa il alf o} :he said sum~ of money wcro ongmally st~pulatrd
ro be pald a+ such day, an~thing in sa.d p~om~ssory note w in this Mor~gaye to !he contrary not.v~lhstandr.y; and thereupon or thcreeiter at rhe opnon oi
e+.d MORTGAGEE, ~~thout nonce o~ dema~d, su~t at law or i~ eqwty, Iherelore or thereaf~er begun, may be prosecuted as 'rf aU moneys secured hereby
ned metured pnor to ~ti in~htut~on.
7, Thst i~ the evcm tAat at the byinn~ng of or al any time peading ~ny suit upon this Mortgage, w to foreclose it, or to refo+m it, or to enfo~ce
pavmem of any claims he~eunder, said MORTGAGEE shat! appty to the Covrt having juNSd~c~~on fherrof fo~ the apNo~m~ne~t oi a Rece~ver, such Co~rt shall
!e~:~wirh appa~nt a receiver uf said mwigaged p?operty all and singular, indvd~ng a{I and s~ngular the income, prof~ts, issues ar.d reven~es from whatever
scurce de~ived, each and every of wh:ch, if be~ng exprcssty unders~ood, is ~+ereby mortgaged as if speoficaUy se~ 1o~th a~d descr~brd ~hC granhng and
habendvm clavses hereof, ~nd such Rcceiver shall have NI the b.~ad and ei(ective fu.x~~ons and powers in anyw~se entruated by a Covrt to a Rec~iver, a~~d
s: ch sppointment shall be made ty such Court as an ad~nitted equity artd a matter oi absolu~e right to ssid MORTGAGEE, and w~tliuut re~erence to the
adcyuxy w ina~iequacy o! ~~e valve of the property mortgaged or to the so~vency or ~nsolvency o( said MORiGAGOR a the delendants, and ~het wch
rcnrs, proHts, incane, ~ssues and revenues shall be applied by suci+ Rece+ver accordu~g to ~~e Gen or eq~ity of sa~d MORTGAGEE and the pracnce ol such
CouA.
8. To duly, promptty and fully pe~fo~m, discharge, execute, effcct, complete, cortiply w:th and abide by each and every the stipulatiora, eg•e•ments,
CJRditiOflf and covenann ~n se~d promissay note and this mwtgaye aat fwth.
9. Th~t in the event the owrtership of the mwtgayed premises, a any part thcreof, becomef vested in a perwn other Ihan the h1pRTGAGOR, the
Y.ORTGAGEE, in successws •nd assigns, may, without notice to ci~e MORTGAOR, deat w~th such successw or s~ccessor in ~merrst with reference to this
mo•t9sge •nd ihe debt hereby setured in the same manner •s with Mortgago~ wilhout in a~y way vif~ating or d~scha~ging Ihe Mo~tgagori liability here-
~.nder p upon the debt hereby sec~red. No sate of the Frem~ses he~eby ~no~tgaged ar.d no fwbearance on the par~ of ~he MORiGAGEE o~ its successors
or ass~gns and no exte~s~on of the t~me fw the payment of the deb~ hereb~ secured g~ven by the MORTGAGE'_ or its succeisws or ass~gns, ahail operat=
ro release, d~xha~ye, modrfy change or affect the origmal liau~lny o4 the MORtGAGOR herein, either i~ whole or in part.
10. tt is speuflcaily agreed that time is o1 the essence of this contract aod tfiat no waivrr of any obligat~on hereunder o~ of the obtigation ir
c~red hereby sh~ll et aoy time thereafter be held to be a wawer o`. the terms hcreof w o1 tFu insuumem secured herby.
I1. In add.~~o~ to the foregol~g mo~thly paym:nts of princ pal and inferes~ requned by the pron.sscry no~e secured hereby. mo:tga~or covenants
~•.d agrees to pay to mortgagee v~~th each moroh~y payment an add~:~onai sum est~mated by mortgagee to be equal to 1 12 ot the onnual cost of the follow-
~ ~~•3:
A-AU .eal prope.ty taxrs lev~ed or assessed dJ3i'iSt the above descr~yed real estare. .
B-F~z-rt,~.,~ns on fi~e and w~ndstorm insurance as here~n requ;red to be carried en the ~mproveme~~s s~tuate on the above dasc.ibed premfses.
C-Prem~~,.~s o~ such mortgage guaranty in.sv.an:e as mo:tgagee s!~all from t~rrK to rime deem fit to carry on the loan sec~red hereby.
Mor~gagee sheV'. ~•em ~~me to tirne nonfy mortgagor in writ~rig' of the amoum due a.,o payable hereu:+der and such sum sh.~il th~reupon be due and
:~tiable on thr d:re oare of the next monthly pay.r.ent and each successive month thereaf~er ur.~il mcrtgagee shall nota(y mortgaqor of a change in su:h
~ a--eunt. Such SUTS sh3'I tx app:~ed by mortgagee toward the payment ot reat property taxes, ins~rance prem.ums, and mortgage guaranty insurance
~ ~~~emiums.
; IN ~t'ITNE55 1h'HERFOf. the said MORTGAGOR has hereunto set his hapd,..sq¢.~eb day and ar first aforesaid.
j ~ ~,~e, s~ . a~r ,?x or: ~Il.EO AND Kt.~.~ ^
~ ` ST. LUC~E COUMTY. ~LA. ~
.i
, •.IF,~ )
(Sesl)
~ c:c-rC`1~n `
~ - ~~~r~~~~ Cc cs~~n
~TO OCT v f 17 ~L • Jv (Seaq
\
, i SiA1E OF FLORIDA
? ST . LUC IB ~ ~
c~u~vr~r oF ~ ~ , ~~OITRAS~T~
befwe me penonally appeared G a^d
~i=tb~ H• R~~iA~ his wife, to me well known ario krrown fo me to be
rhe ind~vidwls destribed in and who e:ccuted the faefloiny inst?ument, and acknowled~ed befwe me that they exewted the same for the purposes
~xP.~~d. a,a r~ ~~d Ma~rtha H. Rah~luy
~ «~~e of the sa~d _ G!Ol91! D. Rah~in9 upon a separate and pr~vst~
~ e.am~~atan by me taken separate and •part from he? ssid husband, sckrwwledged to snd before me that she executed said instrv~nent frre~y and volun-
~ rerily and w~thout any computsan, constraint, apprehens,ey~, w feu of w from her said Fwsbsnd.
~ WITNEU my hand and offitial seal thi~ day of ~~~Q= A. D. 1970
~
~ Wo~~ry lic in and ia the State of Fbr~da at larye
~ My ! m~uan expirei: G~ ~ ~ ~ /
Retu~~ To: .
~ first Feder~l Saving~ 3 loan Associa~w~ ~~;~~~~?,,,,i+~ .'lJotarY Pu.M~ic. ~tak al I~orie~s et I~tp ~
~ Of Fo~t P erte. , ~ ~ a ~i , . • ;
~y~ , ~ L.~, ~.,~ss:wn Ex~a twQ. 6 1971
Fort P~erce. flo.~da J'v ~,~K ~y Awy C'~~~ ~ s
~ = ~ #
~ =
: ; ~ =i,~~•.,~. ;
~ - ,r~'~,~;~~ ~ ~.1 ~i~.~ ca.a
This instrument Prepared Sy John W. Collins :;:t :
~ f o"'~i
First Fedzral Savings 3 Loan Association - f• t J•~~~o;
~ of Fort Pierce ~ RlOSida p~
~~Q~ z•~k ~
, .
~p
.
Checked By ~"'~.,0 SZAZ
M /IIN~~~
BOOX~O~ PACE~~~. , _
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