HomeMy WebLinkAbout2080 . ~~.r ~.ti
To plao~ ~~d co~tiewously kNp o~ th~ bvfldinpt ~ww or hK~aft~r wrwh o~ said land ~nd on NI pvipm.m aerd p~rson•Ily cow.~d by thi~ nw?p~
p~, wi~h all prsmivnu tMrwn paid in full. fin tnsu~~nc~ in th~ uwal ~u~d«d policy fo~m, in a sum ~pprowd by ~M MOR(GAGfE. ~nd w~nduo.n~
k~x~nci In tM ww! aeandird pol~cy fw~, in ~ wm approv~d by tM MORT(~AGEE, in wch con,p~e,y e. cw„pa~;N as tM MORiGAGEE may
dindl M+d di iM~ a~d wind~arm iryuana Po~iciM on anr of aM bWidinp~„ in~ inNr~s~ tlw~in a p~?t tM+wf. fn ~IK +ppreyaq sw~ ~ta~41 a
in ~xaa IMnof. ~MII ca?tain ~M uwal uanda.d morppN cl~ a uKA otMr tlwN ~s tFr Mat~p« may rpuu~ nwlie~q th~ bu undK a~~d po14
ciN. ~+d~ ~nd ~wry. WY~b1~ q a~1d MORTGAGEE a ib inte~~s1 n?~Y WP~+r. ~nd ~ad? a~d ~vNy s~cA policy ~1w11 b~ p~anptly ~ss:yn~d and delivK~d W
~++y INW by s~id MORTGAL'.EE a(urthM Kcv?ity to wid mortpp~ d~M. and, ~ot I~a th~n t~n (101 d~ys in advanc~ of tM enpi.~tae o! Nch poliqr. to d~-
liwr ro uid MORIG/?GfE ~?erkwal tMnof, topNMr wi~h • nuipt fw th~ prn?iwn o! wch rMew~l~ and tMr~ ~hall b~ no iK~ a windi~am intiwu~a
piaad on ~ny of ~id buiWinps. ~ny intNat tMr~in w pkt tlwrwf. unl~u in tl?~ fam ~++d wi~6 ~h~ Iws pay~bM K~fon?~Wi a~d in tM ~wm ~ny swn
of mawy Mcon~ payabl~ wwlN wch pollcy a pof+ciu aid MORTGI?GFE ~1~a11 haw t!r op~ion ro naiw uw! appty ~M su~ on ~ccarm of ~M ind~D+.d~ -
n.ss ..cw.d h«~y a ro p..~~ sa~d ~qttGAGORS ro..c.tw .rd w. n a•~y part tFKr~of 1« o~he. purposes. w~~hout ~ha.Eb~ w+ivi~~p a~mpai.-
+i+Y ~4vity, I~f1 Ot fi~ht 1NKJlf Of ~ VIf1W OI 1I1~f ~~Wtt9~1 M1d ifl 1M ~VMI M~ MORT(~sAGORS f~MII {W My fN~OR I~i~ !O I[tfp fl~f N+d PIfR1fil~ ~O
tMw~d. a fall b d~liwr pomptly u~y o~ s~id polici~s of iiawana w uid MORT(~1GEE, o~ hil promptly to p~y tully ~~y pr~mium tMr~fw a in ~ny
r~~p~ct (ail b pKfwm, dischu~e. ~x~cut~. eff~ct. oompl~t~. comply with a~d ~bid~ by this cown~nt. w any p~n I~~of, uid MORTGAGEE may pl~ae ~nd
WY ~a wch irow.nc~ w a+y put tMreof wiehovt w~ivlnp a aff~ctinp ~eMr optfwy lien, eq~ih, or rgh~ undi~ a by vlnw o( ~his Mo.t~ape. aed the
full eno~rot of ~ach ~nd ~wry such p~ymMt shdl b~ inwmdiaMly dw ud qy~bb ~nd ~hall b~ar intK~ from tM dat~ ti+Keof umi! paid at tM raN of
niM pK pntum p~r ~nnum and tope~ha with wch i~t~est ahall f» Ntvr~d by tM li~n of this mwtpp~.
1. To pKmN, rommil or su((~r no wat~. impakm~nt vr detKior~tio~ of aid propNty a~?.~ wn tMrwf.
5. To p~y all ~nd sieqvlar ths cwn, chupes ~nd ~xp~~, ;ncludirg s reaaonabl~ atton?~y'~ fee ~nd co~r~ of abstracts of titl~, irKwr~d a pa~d at
+~Y t~ bY said MORTGAGEE, b~caw~ w in tM ~wo~ of tM i~ilw~ on th~ pa.t of tM aak! MORTGAGOR to duly, promprly and fully p~rfwm, d~schs~Qs,
~xecv». ~ff~ct. compl~t~. comply with and ab+d~ by ~ach ~~d ~very the stipvbrio~s. pre~ments, tonditiom, and oovensnn oi uid pomiuory not~ ~nd, this
mortpap~ a~y w ~it1+N. and said cosM, d++?~s ae+d ~xpMSes. sach and ~very. sMll b~ knmadiatety dw and payaW~: whett+er a i+ot tMr~ b~ notiu da
^~and. +ttempt to collect w~ wit p~ndirg: and th~ f~ll anw~nt of ~ach ~nd we.y iuch payment sMll bear in~erest from ~he date. thereof unril paid ~f fhe
rate of ~ p~r centum per an,wm; and ~11 aaid cosn, chupes and exp~nses ~ncwrad or p~id. toy~ther wiM such i~tereit, shall b~ secured by tlw li~n of ~Fus
^wrtpapw .
6. ihal (a) i~ the ~ve~t of ~ny breach of thls Mwtyap~ a def~~lt on tl+~ pan oi the MORTGAGpR, a(b) i~ the event ~ny of s~d tums o~ moewy
hereio r~f~n~d tu bs nat prornptly ~nd fvlty paid with;~ rh;,ty (3p) days ne~~ after tF~ surw sewrally bscar» due and payable. wi~hovl dem~nd o? no~ic~.
w W In the ~wnt each and ~very tir stipulatioeu, a9r~em~~ts. caulifions and cov~nb of sa~d promiuory nofe and th~s .mwt~a9e ~ny w~itMr an ~ot
iuly. prompNy ae~d fully pNform~d, dixMrped. ex~cuad, effected, compt~t~ complied wirh and atided by, tlw~ ia e~~her a any such ~wnt fi~ said ~g
pre9at~ wm msntioned i~ said promiuory note ther? ~~mainuy vnpiid, with uue~~st acu~ad, and all mo~eys aacwsd hereby. shall becpn~ dw and pay-
able (wthwith, w tF~~after, at t!a optia+ o( said MORTGAGEE. a fully ~nd canpl~~ely as if ~tl oi tF+e said svms of money vven agin~lfy stipulated
ro be paid on :uch day. anyfhirg !n sa;d prom;uory no~s w in fhis Mortya~ to fM coMrary notwithstsndinp; and therevpon or thereafter at tM op~ion of
seid MORTGAGEE. without ~otice or demand. wit at law a in puity, fMnfon or thereafter begun, may be prosecvted ~s if all nweKya sec~r~d hereby
had matwed pnor to ib imtitution. .
7. That in tM avee~ ~ha~ ~t the beyirmir~Q of or at ~or r;m. pe,~d;~ ,,,y w;~ ~ th;, Mo.+y,~., p to for~cbse it, w to rofam it, w ro anfo?c~
psymeM of ~ny daims ~haev~l~r, s~id MpRTGAGEE sMll apply to the CouA havin~ jwisdiction thereo( for the ~ppoimme~t of a Receiver, s~th CouA shall "
fo?thwith appoint s receiwr of said mon~ed poperty all and sinpvtN, inciud~ng ait and singvlar the ir?come. profirs, iswes and revc~ve~ irom wMaleve~
sourc~ d~rived each and evcry of wh~ch, it beinp ~xpreuly underitood, is hereby matg~ged at if spec~fiully set fath and described in tl+e ~ra~tinp ~nd
hebe+~d~im cl~vses hereof, and wch RentivK sh~ll Mw all the txoad and ef(ec?ive funa~ons aod powers in anywise entrward by s Co~rt ro ~ Receiver. ~nd
such ~ppoinement shaN bs mad~ by wcA Cowt as ~n admi»ed eq~iry and ~ matter of ~bsolut~ ripht w said MpRiGAGEE, and withovt reference ro the
adeqvacy or inaifequacy of the.wlw of tF~e property mo~ypad w to the sonrsncy w insolvency of said INpRTGAGOR or the defendants, W,d that wch
rena. Pro~in. income. issua and nveows ~11 t» spp~ied by sud+ Rece+~er accwd~ ro r1~e I~en o. .quiry of ,a+d MORTGnGEE a~d rhe p.ur~c. of wch
Court.
S. To duhl. P~^P~h ~e~d fv1~Y Psrfam. dischs~, execute, eH~ci, comPlete. comP~Y with and abid~ by each ud sveiy the stipulations, ~yreemei+b,
conditioru snd covenann ie said promiaswy no~e and this m«t9~ ~e~ fwth.
9. Th~t in the event the owrwnhip of ths mo~tysped premises, ur ~~y part NKr~of, becbme~ wsted a pa~on ~othe~ tlan the A40RTGAGOR, t!r
MORTGAGEE. Ns wccessors a~d assipns, may, without notice to the MORTGAOR, deal with tuch wecessw pr wccessor in interesf with ~eferenoe 1o this
"'°'~9+ye +'d the deb~ herebY securad in th~ sama msnner u w]th Abrtgsgor wirhow in any way vi~iafirip or d~scharginp the AAw~qagors• tiabitity h~.e-
under a ~pon ths debt hereby se~wed. No sale of Ihe premius hercby mortgayed ~nd no fwbeaance on the pan of the MORTGAGEE w iri waessws
or +ssigns and no extensan of the time for the p~yment of the debt hereby secu~ed 9iver~ by the MORTGAGEE w in wcc~sson or ass;gn~, sha~~ op~~t~
ro refeas~. d~sch~r~e, modify dwrge or ~ffect the wigina! liab7~ty of the MORIGAGOR he,ein, ~ither i~ whols w'a~ part.
1R h i~ specificaUy ayrerd ?ha! time is of 1hs euence of this contrsct ~nd that no waivsr of a++y obli9ation hereunder or of ths oblipatioe se-
cvred Fwr~by shaH at any time thereahar be held to be a w~iver of the terms hereoi or of the instrwnent secwed herby.
11. In add~tion to tAe fweqo:~g monthlY paYments of princ"pa) and interest ryquired by t}ie promissory not4 secured hereby, mwtgagw covenants ~
a~nd agrees to pay to mort9agea with each mo~thly paYment ao sdditiona! sum estima~ed by mptyages to be eqwl fo 1/12 of the annual cost of tl~e follow-
iny:
A-All real prope~ty taxes kvied or assesscd against the above de:vibed real estate.
B-Premiums on fire and windstorm i~surance as herein requ~red to be carried on the improvements sitwte on the ~bove desvibed premises.
C-Premiums on such mwt8agc 9uaranty iasvrance as mwtgagee sl~ap f~om teme to time deem fit to urry on the {oan setured hereby-
Matgagee shall f?om time to time notify mortgagor in writing of the amount di?e snd paysble hereunder and such wm shstl thereupo~ be due ~nd
payable on thc due date of the next monthfy payment and e~ch successive monfl~ thereafte~ yntil mort9sgee sha~~ no~ifY mw/gagor of a cMnpe in such
amount. Such wrrrs shall be applied by mortgagee tow~rd 1hs payment of real property tax~s insvrarxe prem:ums. ind mort9~ye 9uaranty ir?swant~ ~
Premi~x~u. . .
IN WITNE55 WHEREOF, fhe said MORTGAGOR hss hereumo ~t his hsnd and seal the day snd yeu fint aforesa;d.
~ ` ~ ~ °d ~°'~1e P'~ °f° fttEO AHD RECOROE
St. RO~ERC
O~ITRAS ~ n
_ CLERK CIRCUIT COU n
RECORO VERIf1E0 ~
• ~
STATE OF FLORIDA ~ PM ~ .
courm of - St. Lucie 2t-i`~6i' '
l~fo~e au parsonalty appesnd R. M Re~iatos '
Esther M. Register w~~~ ,,,,~f~ k~
the u~d'iv~dwb destribed in and who acetvt~d the fore9oirg irutrum~e?t, and ~dcrww{tdped b~fore me tFwt tF~ey ~x~evted tl+e asm~ fa tht ~wrposes
rtkrein .xPressed. /,r,d rF,t ,,;d _cth r M RQ9ia~or
rv~re of d+..s.;d R. M. ReQ],ster ~
exinwnat~on by me taka? srparate and apart f~om her s~id busband. Kknowlsdptd b and befon rtr tl?at aM exacvted said i+~a urt men~t
~cdy ~nd volun-
+arily and w~tho~rt ~nY comP~b;on, wnstrainf. apprehens;on, or fear of or from her wid husband.
wRNess my h.~a .~a otfici.~ ~w• '~f~_ d,~, ~ Decesnber
A. C. 14-~.Q
.j-.
,C, .
' u . ; . ~ ~ +ry~~~ ~nd for the State of florida ~t larp~
fs r _ . . . ~ - Itpifpc
R~ To: ~ `,<<~~~~~11?~~~~r~~~~~~ ' N9TARr PII°..LIC~ STATE Of f10RJ~ AT (AR~E
~e F.deral Sw' t t,oan /?.wca~a~, ``~~~•~~;t ~ ~'y,~~ •.`~'C~t47ED~t~ ~pgRES SEPT. 23. 1~
a Fo.+ vK,«. ~ ; :i, ; ' M~ OIEtTE1JI0RS~t
Fort Piercr. Florida ~ Q r J : " ^ -
• ' ~ _
This InstrumeM Prepared By John fi/; ~
~1~.~~s C . : , `us : .
First Federal Savings b loan Association ~
' of Fort Pierce ~ Florida " •~'•,,;~ij
r ~ pR
100K~~
cr,«~ed a
~ +~4-' ~ ~
~
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