HomeMy WebLinkAbout2934 3. Ta p!ace and ront~n~ously kcep on rt;e Lu~'d~~~,9s now o~ h~reairer siware on sa~d !e~d and on ali eq.,~~ ~nent and pe~sona~ly co.e~~d by this mortg•
age, w:th all pren:~ums thrreon pad fu!I, f,re inswa~~ce m the us„31 s+and.~~d po'icy io~m, in a sum a~.~~~v.a:d by tha h1vR~:,:.GEE, ~~~d w~ndsto~m
~nsurance in Ihe ~sua~ sranderd ~~•cy lo~m, in a su~n aFpro.rd b~ ihe h10RTGnGEE, in tuch to~np~ny or co~npan:es as the hlORTGAGEE may
dirtct; a~d all iire and w~ntisturm ~nsurante pol~c~es on any of sa~d kw~ld~ngs, eny in~e~eit therei~ or part ehrieof, in the agg~•_go+e w~~~ aforesaid or
in excess ther~f, shall co~~ain the usual sim~dard mortg.~yee uause or such othe~ dause as ~he Mortyagre may ~eyu~re, ma4~ng th~• loss undrr s.,~d poti-
c~es, each and every, pa~ab!e ~o aa~d A~ORIGAGEE as ~~s u~mr~~st mey appear, and each and eveiy svch po:~cy s~~all be prom4~11Y ass yncd a~~d deirvcred ro
eny held by said h".OR(GAGEE as fu~rh~v sec~rity to sa~d n'.onqage debt, and, not lesf thnn len (101 d~ys in advance of the eapirat~on o1 each polity, to de-
Lver to seid IL10RiGAGEE a renewal thereof, togethet with a reteipt io~ Ihe p~emium of S~ch rencwa~; and ~hers s~~.~ll br no i,re or ~~.~,~fsto~m inw~an-.e
plated on any of sa~d b~i!d~~~gs, any intcresl there~n or part +hereof, vn!ess in the form and w~th thE loss payable as atoresald; ar.d in the event any sum
01 money beco~~zes payable ~nder such poGcy or pol~c~es said MOkiGAGEE shall have the oE,non to rec~~ve anJ ap~~ly the sa~ne on accov:~~ of the indrbt~d-
nass eec~~ed he~eby o~ ro pern,~t sa~d MORTGAGORS to rece~ve and use it or any pa.~ me:eo+ tor o;n•,r ~.ur; ~s~s, ,-..~•~._t +1~ P~~'-
ing any equrty, I~en or right ~ndrr or by vi~we of this mortyagc; and in the eveM sa.d MORTGAGORS :ha!{ `or any reason fail ro krep the sa~J premises so
inwred, or fail to detive~ p:omptly any of said (w6ties of insurance to fa:d MORTGAGEf, o~ fail promptiy to F:ay fu~ly any ~~~e~~~~.~~n thcr~~ior or in any
respea tail to perfoim, d~scharge. eaewte, eflec?, complrte, cu~rp~y with and ab~de by thls covanant. or any p.+~t ha~eo(, s~;d MtiRiGAGEE n~ay piace a+o
pay for such ins~r,~nce or any part thereof w~thout waiving or atfecting any opt~on, lien, equity, ot ~~ght ~r.der or by v~rtue of this Mertgage, and the
4ull amuvnt of each and e~e~y s~ch paymeM shal: be ~mmed~ately due and payabte and shal! bear inrerest irom the date th~reof urnil p~~d at the ~are o~
~+~~.e per centu~n pe~ annum and to~ethrr vvilh such in!a~est ahal~ lx sec~red by ihe lien Of this mOrigage.
d. To permit, commit ot su(fer no waste, impairment or deterioration of said propr~ty or any pari thereof.
5. To pay alt and singula~ the costs, charges and expenses, including a reasonable aito.ney's fee and cos~s of abst.ac~s a( t~rle, incuned or pa~d at
:ny time by a3id MORTGAG:E, becavse or in the evem of the falluie on the pa+t of ~he sald h10RTGAGOR to duly, pro:nNtly ar.d fu~~y He~form, d~sct,arge.
~rcc~te, efted, comple~e, co~nply w~th and ab.de by ea;h and every !he s~~pulat~ons, agree",enrs, cond~t~o~s, and cove~~a~~rs of s~~d pro~~~~;so:y note and ~tus
nortgage any or e~cher, and s.+:d costs, charges and eapenses, each and eve~y, shali be +mmvd~ately due and payab,c; whrfher or not thr:e be not~ce d_-
~,and. atternpt to collec~ or svit pend~ng; and the full amount of each and every such payment sholl bear int~•res~ irom the date thereot ~ntil pa~d a~ the
r.~te o° n~ne per cer,tum prr nn~w.n; and all sa~d costs, charges and c,e;~rnses irxurred or paid, togrther ~y~th such ~nte+ast, shall be secured by the i~en of tha
mortgage.
6. That {a) in the event of any b~each of this Mor:g~9e or deEault on ttw part of the h'.ORTGAGOR, or ;b; in the event any of sa:d sums of money
here~n refeired to be n0t prpmptiy ar.d fully pa~d within ~h,.ty (301 days nex~ a•rer tne s~~»e severa'!y becone d.,e and peyab~e, w~~hout de.nand or nor~ce,
or ;c) in thr event each ar,d every the stipula~~ons, agreements, cond~t~o~~s and covenams of sa.d pro~~:issory r.otc and th.n neortgage any or e~ther are not
~u(y, prompNy and fu:ly perionned, dscharged, exec~red, effetted, tompleted, compl;ed with and ab~Jrd 5y, then in e~th:r or any svch event the sa~d ag
gregate sum mentioned in 3a~d proinissory note then re~nair.ing ~npa~d, w~th intere,t acc~ued, end a~l moneys SeCUred F~c~CUy, Sh.~il beto~r~e due and pay-
ab'~e forthw~th, or thereafter, at fhe opt~on of said MORiGAGEE, as f~11y and complete~y as if alt of tf:e sa~d sums oi money were or,g~na;ly st~pu~ared
to be pa~d on such d,:y, anything in sa.d prom~ssory note or in this A.lwtgage to the conrrary notarithsta~~d~ng; and thereu~:on or ~h~r~,.her at the op~~or of
sn:d MORTGAGEE, w~rhout nor~ce or demartd, s~it at !aw or in eqwty, therefore or theraaffer begun, may be prosecutrd as if a1i moneys sec~red hereby
n~d matured pno: to ns insntutio~.
7. TF.at in the event that at the beginn~ng of er at any ti~ne pe~d~~g any suit upon this Mortgage, or to foreclose ir, or to reform it, or to enforce
piyment of any claims hereunder, said h10RTGAGEE sha(I apply to the Coun having ~unid.ct~un thcr~~ol for the dp~~J~~~tin~nT of a Rece~ver, such Cour~ shall
icrthwith appo~M a reteiver o! said mortgaged p~ocerty all and sing~lar, includ~ng atl and s~nqu~ar the incon.e, proF,ts, ~isues and reve~~ues i~o~n vrh~tever
so~~.ce derived. each end every o( wh~ch, ~t be~ng express'y understood, is nereby mortgaged ai if spec~f~caily set }o~th and c3rsc~ib_'d in the g~anr,~ig and
habendum davses hereof, and such Receiver shall have all the broad and effecnve funct.ons and powers in anyw~se em~~strd by a Cowt to a D,ec~iver, and
s.ch appoiMmen~ shall be made by wth Co~~t as an ad~~~~red equit~ and a matter of absol~te r~ght to said MORTGAGEE, and wirh~~t relcrc~ite to the
acleqvacy o~ i~adrGuacy of the vaiue of the propeny moregeged or to the so vency or ~nsoivrniy ol said ldORiGAGOR or the drfendants, and ~hat wch
r~~~~s. proi:ts, incorne, issues and revenues shall be app~ied by such Recerver accord~ng to the lien or rquity of sa~d MORiGAGEE and the pract~te of such
Co~rt. a
8. To d~fy, promptty and ful~y perform, discharge, execute, effect, complete, comply with and abede by each and every the stipvtations, agree~nents,
conditions and covenants m sa~d promissory note ard this mortgage set lorth. .
9. That in thr event the cwnership of the mortgaged prem,ses, or any part thereof, 6ecomes vested in a person other than the MORTGAGOR, thz
MORTGAGEE, its ;uccessors ar.d ais~gni, may, wiihour norice to the :~50RTGAOR, deal wnh soch successor or svccessor in interest with reference to this
mo•rgage and she d_bt hereby sec~red in the same n,~nner as w~ih tdort3agor withovt in any way vit~ating or d~scha•ging the Mcrty,:gori Eiauility here-
~~•der or upon fhe drbt herely s~•c~reo. No sale of the Frer.,ises hereby rno~tgaged and ~0 4orbearance on the part of the !J10RiGAGEE or its successors
or assigns and no exre~~s~on of tr,e time for the paymenr cf the debt hercby-secured given by the MORTGAGEE o~ its svccessors or asslgns, ahall operate i
ro re~ease, d.scherge, mod~fy change or affect the or~g~nai I;au,Gty of the MORTvAGOR herein, eiiher in whole or i~ part.
10. It is speuf;calty aoreed that time is of the essence of this contract and that ~o waiver of any obligahon hereunder or of the obligation se-
o:red hereby shalt at any time thereafter be held to be a wa~ver of the terms hereef or of the instrument secured herby.
I1. In ,,dd r.c~~ •o ~1~e ioregc n~ r-~onth~y pay~~~=nts of p:inc val and i~~rerest requ~red by the prom sscry no•e srwrcd her_b;, mortgoyor covenams
~~d agr_es to pay te r•~-tg.~gee ~n~ah each ~nonchly p~y~ ent an ;dd~~~ona{ sum csr•,,ared by mortgjyee to be eq~a~ to 1 12 of the ennual cest oF the follow-
'I n ,3 :
i A-AII rea! propertr tax?s It~~ed or assessed eg3~~~s' thc a6ove desc~~bcd rral estate.
B--Frc" ^s c~ f~•.• and v~lr.dsto~m insuracce as nere~n requ red to be ca~rwd on the ~mrrovemeats s~tuate on tho above described premises.
G C--P.em.,,~~ s o~~ such rt~or?gage g~a•anty iewra~.ce as mortgagee sha~l ~~o^~ t me to time deem (i: to carry on the loan secured hereby.
i Mortgagee s'•~ ``.~om n:nr to t~me not~fy mcrtgagor ;n a,rit~ng of the amount due and payable hereundar and s~th sum shal! :hzre~pon be due and
! ~,able on the c't~e c:'e of th~ neat month;y payn,ent and each successi~e month thereaf~cr ur.tii m~rtgagee sha!! notify mortaagor of a change in such
~ ounr. Such s~^u s' a~ t,e ac~ ~ied by mortqagee roward tne payment of real property taxes, insvrance prem.ums, a:ed mortgage guaranty insurance
o•emiums.
¢ IN \'J!TNE~S :':HEREOf, tne sa~d MORTGAGOR has hereunto set hn hand and seal the day and ear first aforesaid..
s
i Sig , Seal and livered in the presence of:
~ C ~~-tS~,+Y
Laura Mae reau, a singl~a~riult ~
~ (Sea~)
~ (Seaq
~ -
~ ~ SiATE OF FLORIDA 1
K St. Lucie ~ u~
~ ~OUNTY OF - ~
~ Before me personally aP~a~ed Laura Aiae Jandreau~ a sinqle adult
~#i~~ui(p to me well known and known to me to be
~ rhe ind~viduaiOCdescr~bed in and who ezecuted the foregoing instrument, and acknowtedged before me that f~executed the same for the purposes
ti:e~ein expressed. t4ntl~fheseid -
~ ~rOH~ ~ef~ 1i~ sa~l~----------- - upa~~a.s~pa~le~~ priYate
exan~wiwieRbTwKyekea-sep~ra~e~w~d-~+s~ir~n?i~e~ya~ikwY~d?+o4w«wbdt,rd.y~wiireio~s.r.tiw.a~a.aaacrt~d-sawi•iw~trurrM~rMiy.and.ard~rs
~ ~«iiy~wd ~I~wt~awT eoR+~~lsiowra~wNraw~?,~M~1~~ry • k~r-of -o~ 6~wa4e~ ~rid-iwabani..
- WITNESS my hand and offdat seal this_ z day oi OCtObeY _ A. D. 19 7O
~ Notary Public in and for the State of Florida at large
- My Comm~ssion expires:
~ first Federal SaRengsnboloan Associat+on ~f~~:;z'-~ NOiAR7 FL'SLtC, SIATE OF FLORi~II AT U1(t6E
3~,- ~!Y COhiMISSIQIV EXPIRES SEPT. 23 lg]
pf Fo,r P E•~cz ~••~(v~,::•~u•_.~-
~ur•,~~ ~ BONDED iNRU fRED W. DIESTELHOi~Sp s
" Fort Picrcc. Flor:da ~ ~
~ - ~ C' . `t v'• F LEO AND REC0RDEO
~ n s-~ r=`: i~.IUCIE COUNTY fLA.
~ : _ ~ ~~~,Q_ ~.t~~
~~t •Q' ~ • ROCER POITRAi
; ~ = ~ CIERK CIItCU1T
.
a~' • ~i'~ IIECORD VERIFIEO
~ This Instrument Prepared By John iv " ~-~~ati~+;J ~ s~ i. t
.
~ First Federal Savings 8 loan Association !;4~ A j
of Fort Pierce ~ Florida ~ ~ ~c ~T 30 ' 1'~ ~ ~i1 ;
~ ',,~'~~V'~:~~N~~`',`,,, i
~ Checked By - 2(~03~9 ~
do~K 187 ~cE2933 ~
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