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HomeMy WebLinkAbout2377 t • ~ ti ~ r ~ , ~ To pt~a Md cw~ttnuowly 4Np on ~M build'a++p~ now « hKN(IK ~ItwN on ~~fd land ~nd on ~II pu{pm~nl ~nd pN~on~lly covtr~d by Ihi~ nar • ~p~, wUh dl pnmiwes ~Iwrwn paid in ful~ fin t~sw~ in tM v~wl ta~da.d poli~y foren, In a wm ~ppowd by tM MORtGAGEE. and wi~~ r~n ~ imwuKS in 1h~ wwl ~tandard poliry fae~, In ~ awn ~pp~ov~d by tM MORTaAGEE~ M wcA comp~ny a canpaoi~s a tM MORTGAGEE n+~y i dincl~ ~nd alt tin ~r?d wied~arm Mnwr~na polkie~ on ~ny O~ Nid bulldinp{ a1y (ntK~11 /hNfin W pNf /htrf0l, In fh~ pp~p~h win ~lp~sald q j tn ~ioo~ ~h~nof. sh~l) contaM ~M ww! ~i~ndMd ,ea~p+pM clws~ a such aMr claus~ a Ilw MappN may rpuu~. ma?inp H» IoN und~. sa~d po1F cNs. ~acA and wMy. WY~bI~ 1o s~W MORTGACrEE a ilf M~K~sI m~Y ~PP~+4 and ~ad~ and ~wry s~rch policy ~h~ll b~ p~omp~ly as:yn~d u+d d~4vt~~d ~o E ~ny Mld by wiA MORTGAGEE a tw1Mr Ncwity ro uid mortoap~ d~W. aed, no1 1~ tl~ rM (10) d~q In adv~nq oi ~M ~:pi~~tion ol ~ach policy. Io d~ ~ liwr b s~id MORTGAGEE ~ r~wal tM~~o(. teq~~h~r wifA ~ r~aipt fo~ th~ pr«niw~ of weh r~w~lt ~nd tFNr~ aha11 b~ ~o fu~ or winds~am insurMC~ pl~pd on anr o) s~id buildinp~, a~y tn1Kp1 tlN~~in ar pu1 tMrwi, vnl~ In tM fom+ ~nd wltA tM Iw~ pay~bl~ u~fw~aidt a+d in th~ ~wnf ~ny swn of n~on~y batore~N p~~raW~ vr~ weh polky a poliei~s ~aid MORTGAGEE ~hall h~w ~M option ro r~iw and ~pply tFw s~rr» on sec,owH o} th~ M~d~bted~ n~as New~d Mr~by a a pKmit s~W MORT(~AGORS ro naiw and uw it a~oy pa~~ therwf .fa o~hor pu.po~.s, w~ihou~ ~he.eb~ w.i~i~.y a. ~mpair- ~~q M?Y p~ib. ii~e~ a riphl w~d~~ w by virrw of thb nwrtpaQ~i and Jn IM ~weN uk) MORIGJIGORS tMll for ~ny na~on fail to kMp th~ said pr~eniu~ w I~+sund, p~ f~ll lo dtlivK promptly a~y o) 1~W polieih of ie?tur~nc~ b saW MORiG/1GEE, ot fail promptly lo pay fully ~ny premivm ~htrefw p in any r~sp~et i~ll w pwioreq, diseMry~. ~x~evt~. ~ff~et. eompbt~. eomply wi~h and abid~ by thi~ eow.~ant, or sny part h~r~ol, wid MORIGAGEE e~uy plap ~nd P+Y fa wd~ baw.nc~ w any p.rf tMnof withow waNinp ar ~ff~ctlnp My op~ion, li~n. p~ity. a riyht vndN w by vinw of ~hi~ Mort9p~. ~nd tM full «nowN ol ~ch and ~w.y such p~ym~nt sMll b~ imm~diat~ly dw and p~ysbb and ~MII b~a~ GItHf~t ffph IIM ~f~ fF~QflOf umfl paid st tM raa ol ~ ^~ns PK oM+twn p~t anewm rnd top~ther with weh ints~«t ~??s11 b~ atvr~d by 1h~ ll~n of tlds mortpapw ~ 1. To p~reM1. oomM1 or wff~r no wuh, Mnp~irm~nt or dNerio?~tion o1 said propNtr a any pa1 tl~~of. S. To pay ~II a~d ~Mgular thi eosy, eh~rpN ~nd ~xps~w~, inclvdiep a r~awn+bb ~ttomey'~ fN ~nd eosu of abstwctt oi rirl~. i,Kwrad e, p.W at eny tiem by said MpRTGAGEE, b~eaw~ a in tM ~wnt of th~ failw~ on th~ pat of ~M said MORTGAGOR w d~ly, promp~ly ~nd fuliy psriwm, d~seh~r~, eascvt~, elhd, oomphN. compfy wirh and abid. by ~.ch a~d .wry N» sfipularwrn, ay~ee~r~ems„ condi~iom, a~+d cov.n.nn oi u~d promissory nols and thii mar9ap~ ~Mr a ~itMr. ~rd ~aid cosM. cM~p~s ~nd ~:p~naa. ~ach ~nd ~wry, tMll b~ imm~diatdy dw and pay~bNs whe~Fwr n r?ot rMr~ b~ no~iu ds ~*~+od. +t~en?pt to ooll~et a wit p~ndinp~ ~nd tt+~ full ana~nt of Nck and wwy tuch payment ahall btar 1n~ersst from 1hs da~~ tMrw1 until p~id d th~ rate of nin~ per centvm pp ~iwnJ u~d all ~aid to~M, th~rp~s and ~xpMSts Hrcurr~d or p~id. topetMr with such in~~rK~, sMll b~ Ncund_ by th~ lien oi this ^'ortpp~• 6. ?h~t ln tM ewnt of any bnach of this Mortyap~ w defavl~ on tlr p+rt of t1w MORiWIGOR, or (b) in tM ~vent ~ny of uid w~?s of nwn~y ?~e.etn nh.r.d ro b. nw P.omptlr a„d tuiy Pad within thirty (30) day~ ~»x~ afta Ihe sun~ sevtidly b~cane du~ ~nd payabl~. wi~hoi,~ d~mand or notic~, ~(d tn ~M ~vMt ~ad~ a+d ~wry tM stipulations, ~r~ots, conditans ~nd cowrnnb of sa~d promia~wy not~ and tlus mat9~pe ~r?y w~ithsr a~~ nw iulY. P~P~h/ Md fulh/ PKfo?rMd, diacl~srq~d, ~x~cv»d, ~fi~ct~d, comPletsd, complied with and ~bided by, tMn in eith~r or any s~ch w~nt ~Iw said ap~ prayat~ wm n~te~tiqwd 1~ s~id pronuuay not~ tMe~ r~malninp unpaid, with inlae~t ~cuued, and all ma~eys secured herebY. shall becan~ dwt ~nd pay. ~ble forthwith, o? tMrtaha. at th~ option of said MORTGAGEE, p iv11y and compktaly ~s it all oF tl+~ said sums ot moner wen apin~lly s~~pula~ed to b~ W~d o^ wd~ d+y. +~Y~hkg i~ sa~d prom~uory eoh w in this Ma~9s~e ro ~h~ contrary norwi~hs~~ndirq: ~nd ~hareupon w thereafter at tM opiwn of said JNOitTGAGEE, withow ew;ce w dema~+d, wit at law ot In puity. the.efa~ a therfafle~ bepun, may M prosec~ted u if ~II ma~eys iecurd hsnby had matur~d prqr tO iq IMfitution. 7. That in fM wenf that at the b~inninp of or ~f ~hy tim~ p~r~d'inQ sny wit upon this Mortyap~, w to fof~closs it, or 1o refam iL a fo enforp payn~ent of +n1r d~:ns ha~w~de?. s~id MORTGAGEE sh~ll apply to tFa Co~h h~vi~+p jwisdrctan t4ereof iw the appo~ntment of a Receive~. s~ch Cou.t sMtt forthwith ~ppoinf ~ nceiwr of said mertpaQed property al! and slnpvlu. Includug all and singulu tM incom~. pofin, isaues and revenues from whstwe? w~ra dttivad. each and tvery of whitF~, it beinp tzpressly und~rstood, is haeby morlgaped ~t if ~pecifitally set tath and destribed in tM yr~ntinp and ?+abendwn claus~s he~eof. N+d wch R~oeiwr ~ha(~ Mve atl tM brud ~nd eHectiw funct;ons a+~d powers in anyw~se cntrusted by a Covrt to a Rcceiver, and wch appointmtnt sh~!1 be mad~ by auch Cowt a an admitted eq~ity and ~ m~ner of ~bsolute ripht to ~aid MORTGAGEE, and without reftre~ce to f1,e +deqwcy w in~dequacy of tM wlw of tM prop~rty matp~ad or to the w~vency w;~solvency oi said MORT6AGOR or tM defendanb, and ~hat svch renrs; profi», incwns, issues and ~ew~uy sh~p bt ~ppli~d by such Reteiver accordinq l0 1M 1'~ w puiry of said MORTGAGEE and the praaice of such Covrt. d. To duly. promptty and fvtly p~rform, ~kscM?q~. ex~cvte. effecl, complet~, compty with ~nd ~bids by each snd every ths stipula~ions, syreert~ents, conditioro and aovenants in said promiuory not~ and thu mortpspe s~r forth 9. That in the wenf ths ownership oE th~ mortpap~d P?e++uses, o~ anY P+~ ~~f, beoo~~es vested in a penon other th~~ the MORTGAGOR, tln MORTGAGEE, iti svaeuws and aui~ro, en~y, w;thout nofics to tM MORTGAOk, desl wi~h such wccessw w auccesyer in interest with refvence to this mo+t9~pe and the debt hereby senrrsd in fht same manner as with Mortyapor withovt in ar?y way vitiafirg a discharpinp ths Mwtyagors' lisbitity hera under w u~wn the debi hereby secured. No ule of the premises Mereby mortyaped ~nd no forbearanp on th~ paN of ths MOQTGAGEE or its suaessors or ~ssigns +nd no e:~cnsion of the time for tl+e p~yment of the debt hereby secu~ed piwn by tM N~ORTGAGEf or its wccessors ur ass;yns, shall opaat~ to releas~ discl~rpe, ~fy ~hsrge or affect the wigin~l liab~lity of the MORTGAGOR haein, eitMr in whols a in p~rt, 10. It & speciPKa~ly agreed that time a of tM essence of this contr~ct arod thst no waiver of any obl~g~t~on herew~der p c{ the obliyation se. cwed hu~by sMll at any tar~e th~reafter b~ held ro be a waivet of the terms hereof o? of the instrwnem sec~red herby. . I1. In add~tion to the fwego:ng monthlY paYments of print'pa( and imerest required by the promiuory npte secwed hereby. rtartgagcsr cpvenants and agrees to p~y to mortgapee with rach momhly payment an ~dd~tanal sum estimated by rtwrtyagee to be eqwl to 1/12 of the annual cost of the folfow- ing: A-All real property ta:es kvied or assessed ayairut the above described real estate. - B-Premiums on fire and windstorm i~anoe as herein reQv~red to be carried on the improvemerts sitvale o~ the above dascribed premises, C-Premivms on such mortgage gwranty insura~ce as mwtgsgee shall from time to time deem fif to carry on the ban secured hereby, Nlortgagee shall from time to time notify_morl9ayw in writing of the amount dve and payabk hereunder and such sum shall thereupon be due and payable oo the d~e date of the nexf monthiy payment and exh succeuive month thereafter until mortgagee shalf ratify mortgagor of a chsnge in such amount. Sud~ wms sl:atl be appiied by morfgagee tow~rd the payment of real property taxes, i~wsnce prem:ums, and mo.tysQe yuaran instrrance P~emi~xew• ~ WITNESS WHEREOf, the said IY{OR7GAGOR has herevnro set his hand and seal the da ar fent afaesaid. Si ~ Itd and i • in t pfefeno! of: ~ ~ ~ . . ~ ~ -n STATE OF fIORIDA ~ $t.. T11C~ COUN7Y OF a• s.~«. p~r.«wW ..ea Qilbert (3. LuCk ~ Jui16 $•~C~C his wife. to me well known and known to me to b~ rhe kdiridwb desvibsd in and wfio ~xecuted tM fweyoiny instnxrwM, and acknorvkdyed before me that tMy execvted the s+me for the PwPosa .~+~a. n,~a +h. June S. Iuck - w~fe of +h~ sa~d ~ (3f1be2't. (3. I,uck a ~f ~ exarn;n~t;o~ bp m~ tak~n ~epar~t and ~paA from h~r s~id husb+od, adcnowl~dQed to and befw~ erw that sM execvted said iro rt ftumen rsely and volw~- arilr and witAoqf. . wrntraint. +ppreF~erulop~w fur of or from her s~id husb+od. ' ~ ..,i ,ti;, Yti CB~ber '-;`~~N~~~r~e~qi,. ~7~ - ~y ~ . . • A. D. 14 7~ `C«` rQ '~i:'~'~ . a'~~~~~~-~~~~~ ~~1~ . Not+uY Public in and fa th~ t~ of Flaida ~t lu~ My Canmis~ion ~xpir~s: ~CF•; '`T Mfp'}za~~: ~=f~tE~ #!1 RECOROE~ _ • . i fl.soc~at~a+ I~VCEh~PO~tTR ~ ~ic. Sf+l~ ~i F~erii~ d _ . ~ ~yr ~ (~,M _ r,,,!~P;p~. QlEit1l CIRCWT ~11? Comn~issia Expint Se~, 25. 19fl : f\ '.`",:l~ : I. ~ERlF'IEe~~ M~ R L.~ ~o.e.r y a aw?. a. : r'_~ 1•.:...,.: ~ ~ ~S ~ ~ - a, " 1 i~i{nstiurtient Prepared By J. D. Qtast,gin - Fir:t Federal Ssvings 3 loan Associatio~ 2Ci934 • of Fort Pierce~ Flol~ids u,~ed By ~ ~0"~18$ ~3~3 - ~ - C _ . _ - , _ - -