HomeMy WebLinkAbout1613 To pl~ ~nd ca+rYwousiy tNp on tM bvlldieps now w h~r~ahM situat~ on s~td land ~ed on all p~ipm~nt ~nd p~rwnally covN~d by thta morq~
ap~, wi~h all premiums tMrwn pa~d in futl, lin in~w~oc~ ie eh~ usual ~t~nd~rd policy twab in ~ wm ~pprov~d by ~he MORTGAGEE. ~nd windstwm
in~ursnc~ in tM ww! ~t~nda~d pol,cy iwrq, M• sum ~pprowd by ~h~ MORTGAGEE. in such company w canp~~iN as tM MORTGAGEE rnay
dinctr Md ~11 fln ~nd wiind~~ i~awN+a policie~ on ~ny of uid bviWi~p~. ~ny int~rtit tMreM w p~rt Ihenof, G~ rM pp~e9aa w~n ~(aesaid a
1~ ~xets~ the~wi. ahall eont~in tM uswi ~NndKd mo~rt~apN elaen~ a wd~ Wlwr elwH ~s tM MatpapN may nquw~. ma?iip ~M loss undN i~,d po14
ci~s, e~d~ ~nd ~wry. P+Y~b4 ~o wid MORTGAGEE a ib in~~r~st maY ~PP~+4 ~nd Nch arid w~nr ivch policy sh~ll promptly ~a.9~rd and d~liver~d to
aey MW by s~id MORTG/1GEE q fwthir Hcvrity ro aid morfpap~ dtW. and, not I~ tlw~ Mn li0) da~ft in advanc~ af t1+~ ~api~~~ion of Nch policy, fo dr
liwr to said MOATGAGtE • nMw~l tM~~of, 1o~etMt witfi • tic~ipt fa ~1?~ pr~miwn of such rMtwalj u+d ~Mr~ shail b~ no fir~ w winds~orm inw~anc~
plaad on any o! said b~rlldi~p~, ~eh? intK~at tMr~i~ o~ p~~t tF?NeoF. unl~u i~ th~ fpm ~nd with ~fw bas pay~bN ~s afa~iaids w+d 'w+ ~A~ ~wnf any ~urt~
of moewy b~ta+~s p~r~blf w+de~ wch policy a policiy s~id MORTGAGEE ~hall Mw tM option ro receiw and apply th~ s~?» on ~ccoun~ o! tM ind~b~~d-
n~a s~cw~d I~~b~r or b pKmit uid MORTG~IGORS to no~iw ~nd u~ it a~ny part ~hereol fw oiher pu~;oses, w~~hout ~h~rco~ waivi„9 a~~.pai~
inp ~y pvity, IiM or rqht wida or by virtw of this mortpap~J u~d in ~h. •wnr •.~d MORrGI?GpRS ,Ml1 fa any ..ason f,ll ro keep ~M ~a~d pranises so
tnsw~d, a fdl b dlliwr p~omptly any of said policies of insuranp 1o Nid MORTG/1GEE, a fail promplly to pay fully any premium therefw w in snY
rKp~ct fait b pN(wm, dixhu~e, ~x~cut~ ~fhct, compl~t~, comply with and abid~ by thb cew~aM. a ~ny part Aereoi, said MORTGAGEE may place and
p+Y tc? sud? Maw+no~ or +ny pan tha~eof withou? w~ivinp or aff~dinp any option, li~n, ~q~riW. w ripht vndK a by vi~tw of tF.~s Matpsp~, and fhe °
t~n amou~~ of .ach .nd .w.y svch P.ymau sh.n b• ~mm.d~af•Iy dw .nd p.ybw and slull bsar int~res~ from tM dat~ ~hereof w.~il psW at ~M a~~ oi ~
nin~ pN ct~tum p~t ~mwm ~nd to~e~her with wch interas~ shaH b~ s~cvrod bp tM li~ei of this ~t~o~?IQ~p~. t
i
1. To pKmlt, oommit or wffa ~o waN, impaume~t or dete~iw~t;on of said prop~rty or any put thsreof. °
S. To pay all and aMQvlar tM costs, charQ~s and ~xpens~s, includinp ~ reasonable attwney~~ and costs of sbst+ads of titt~, inc~rred a paid ~r
eny time by said MORTGAGEE, b~cause w in th~ ~wnt of tFa failwe on ~he pan of tM said M TGI~GCRt to duly, promptly end fully pe~fwm, d~xhar9R
~xecvte, efiect, comp{et~. cnmply wifh u?d ~b+d~ by ~ach'a+d every rhs stip~latioru, apieenxn ioru, ~nd eove~anri of said promisso~y eate and this
~+~d~.y~ ~nY~ roecollect or i'd cos?s. chuand~tM full ~nwunt of each ~~d • sMll b~ immedi~ h' end par~ble: whe~her w no~ rhere bs no~ice da
emP pN+dbp; every svth payrt~er?t aMlf beK interett from ths data the.eof u~til p~id it the
+ate of ains per ctntwn pe~ aruwm; ~nd ~II said co~ts, tharpes and expenses intu~r~d a paid, ~og~the~ with ~uth interest, shall be setured by the lien of thu
mwtpa~. .
6. Th.t in ths w.nt of aay b.aach of ~ha M«rg.Q. w defauU on N,. pan of the MOaTGAGOrL a(Dj ;n th~ event any of sa+d twra of rtwney
herein referrd fo bt nof promptly and fuliy pId wi~hin thi.ty (30) days nex~ afta th~ iam~ severslly become du~ a~d payable, wi~hout demand o~ notics.
or (c~ in tM event each ud every the stipulationt„ ~gnements, cond~tions and covaMnq of sa~d promiuwy note a~d ~h~s mortppe any w e~ther a~e nol
iuly, pomptly and futly p~rformed, d;scharped, ~x~ted, effected. completsd comp!»d with u~d abided by, then in e7the~ a any auch ~veM tF~ ~aid a~
greyate wm mentiw~cd in said promissory noq then remaininp unp~id, with interest acuued. ~nd all moneys ~red .IxrebY. shall become dw snd pay-
sbte fathwith, pI flfNNftM. ~t tM opt~on of said MORTGAGEE, as futly a~d compleeety as ii ati of the said wms of money were a+~in~3fy sf~pulated
ro be p+id on such d~y, anytAinp in s~;d prom[ssory oote or in this Nlorfga9e to tM con~rary nawi~hsand~ng; and ~hereupoe~ w thereafter at th~ option of
said MORTGAGEE. wiThov~ notice or demand, wit at law w in puity~ tI1lflfOf~ Of 1~fNItH be~wy may be proxcuted u if a(1 mw~ays secured hereby
had manxed pnw ro ~n insns~rion. ~
7. That in tFr evsnt that at tl~s beyinn;np of or ~t ~ny tim~ pendiny any wit vpor~ c4:s Mwtg~ge, or to faectwe it, w to reform it, or to enforc~
vayms~?t of ~ny daina herw~de~. ~aid MpRTGAGEE shall appty ro tF~ Co~rt havirg jv~isd~ction ~hereof fw th~ appo;ntment of a Receiver, such Court shall
Forthwith ~ppoiM •?eceivN of said mortp~g~d praperry s!1 ~~d sinpvlar, includ,ng all and singvlsr tlie inroms, p?ofits, issues and revenues trom whatever
sowu dnrived, exh and every of which, it be~np ~xpreuly unders~ood, a hercby mwtgaged a} if specificatly iet for~h and dewibei! in the qrantin9 and
habKwlwn clauses hsreof, u~d such Reuive~ shal~ Mw ~II tlw bro~d and effective funcfwns ~snd powers in anyw~se entrusted by a Courf to a Receiver, and
:uch appoinrment shall be mad~ by wch Cowt u sn admitted equiy snd a m~~ter oi absolute right 1o said MORTGAGEE, and withoul reference fo ths
sdequ~clr w In+deqwcy of tM wlu~ of tha property mortg~yed or to the solvency o? i~sotvency of sa~d MORtC,AGOR or the defendants, and that such
renrs, pwfits, income, issues snd nvenws shall b~ applad by tuth Rece~re~ xcordir~p to the lien ot equity of said MORTGAGEE and ~he practice of such
Covrt.
8. To duN, p.o~~ty .~,a t~iy P«twm, ~t~h..9., execute. effed. ownplet~. compy witb and abid~ by each ~nd every the stipulatiwn„ ~grecments.
conditions and coven~na in said promissory rate and thia mortya~ set forth.
9. That in the ~vent the ownershFp of the mo?tQaQed prem»es, or any pan thereof, becomes vssted in a penon mhe~ than tbe MORTGAGOR, tM
MORTGAGEE, its successo~s and asi;yrn, may, w;thovt notKe to th~ MORTGAOR, deal with such wcceuw or successw i~ ;nterest with roference to this
mortQa9e and the debt haeby setwed in the same marw~e~ ~s with Mwtgagor without in aey way vitiatinp or dischargi~g the Mwrgagc»s' liability he.e-
under or upon the dcbt hereby ~secwed. No sale of the premises hereby mo.tgaged and eo forbear~nce on 1he pan of ths MORTGAGEE w ih successws
or augra and no ~xtensiw~ of the ~xne fa the payment of the debt- he.eby secwed yiven by ti~ MORTGAGEf or in wccess«s w suGgns, ,hall operatt
to r~leut, disch~rye, modify charge or affect the ai~inal liab;lity of the MORTGAGOR herei~, titF~ in whole or in part.
10. It is a~xcifiully sgreed that time is of tht essence of ihis mntract srd tF~t no w~iver of any obli9ation hereunekr p of the obigaYwn se-
cvred hueby shalt at any time thereaher be held to be ~ waive~ of the terms hereof a of the instru~nent secured herby.
11. In addiYan to the forego:ng ~no~thly payments of prinCpal and interest required by tFro promissory note secured hereby, rtwrtgsgor cpvenants
and agrees to pay to mo?tgagee with each montblY psYmenl an addirional wm esfimated by mortgagee to be eqw! to 1/12 of the annual cost of the follow-
'ng:
A-All real property taxes kvied or usessed agair?st the above described real estate.
~ B-Premiums on iire and windstorm i~surance as f~erein requ~red to be nrried o~ the improveme~ts sirvate on the above desaibed p~~mises_
s°-r_• C-Premivms on such mortgage g~s~anty insurance as mortgagee shall from time ro t~me deem fit to carry on the ban secured hereby.
Mortgagee shall from Nme to time notify mortgagor ;n writing of the amount due and psysbk hneu~der and s~ch sum shall thereupon be dve and
payable on the due date of the next monthl y p a yment a n d e
a c
h s u c
c
e s s i v
e m o n t h t h e r e a f
t e r u r, t i l m o r t g a g e e s
h a l l n o t i f
y m o r t g a g o r o
f a c
h a n g e in suc h '
amaunt. Such sums sF.all be ipplied by mortgagee toward the payment of real. property taaes, insunnte ,prem:ums, and mott9age guaraMy inwrance
Premiu~r~s• . -
IN WITNESS WHEREOF, the said /NORTGAGOR Fws hereunto set his hand snd xal the day and year fint ~fwesaid.
Siynet~ ! an vere in the pr~e of: _ .
=~~`EUC
E CO~NTY I~iA. ~
ROCER P01TRA~ ~
~EppIEtQ YERt~itEO COUI1
,~--n
S7ATE OF fIORIDA 11. 10 lg pH' • 2pi512
~ St . Lucie
~f~ a,,,,,,~~y John 0. Fdxards, Jr.
,~a
~@ P• ~s his wife.. tp me well known snd known to me to b~
r?~e indiri~dyMU; fb~d . M and who ~xecuted the fwepoirg instrumsnt ~ckrww{edped before me tMt ~hey executed the same fa tM purpwes
therein e~e~.~~~k~ • G6tI@P~@V@ l:(~N8I~8
,~?~~fe.Df : • - :s;,~•'jaO~lil .
-'-"~""i"} vpon • s~parat~ and privat~
exaqijtiir' ~x!` and ~part fran her said iwsband. adcnowied~ed fo u~d beforo m~ that sF+~ e:ecuted said ir?strumenf fre~ly ~d vo~.
tu~jr'~tl~ cautr~int. +PPreMn~on~r hx of or from her s~id husband.
t~5`~i¢ 11Md ~nd ~Ff'wisl s~al +1,:~ 4~S ,~y NOV 2' A. D. 19 70
_ '-~MIRIC7~ ~ ` ~ ~ f.a - _ .
G~ -
.
ti~: ~ Notary Pub(' ~nd tor ab of F ida N lu
i~ • . . ~
~i r//~-` ~ ' µY Corm^~ ~LG'. 6' /'D 7 ~
~r. . ~t~. .
Firp f~d~ril' Siil~` ~ Lo~n Aa~oc»t]oo
Of fort Viert~. NOtatrJ PtL~I'it. ~ta1e ol F!erida at Lr~~
Fo.r o;e.c., cb.~d. i.i~ CoA+~,ission E~cpu~::•~q. b 19J1
baa..i ~r Nld~y tiu, C~twlt ~ _
This Instrument P~epsred By RiCh81'd 1C8yeg
First Federol Savings d~ loan Association
of Fo~t Pierce , Florida ~
Checked By,~_ 0~~~~ ~~~~0 .
~ Pa
. . ,
; ~ -
~
~'ma . ~