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HomeMy WebLinkAbout2474 • ' j ~ , f To plaa aead conNrww+sly kNp oe th~ buitdinp~ now a hK~ahK s1twN a+ wW Iand ~d on ~H putpnwnr ~nd pasonally covand by ~his morp~ sp~. with ~U pemiwnt th~rson p~id in full, f;n inwr~nc~ in th~ uwal uandard policy form, N~ swn ~pprov~d by ~M MORTGAGEE. ~nd windstorm ~aw~ in th~ ~wal uandard pol~cy fwm, in a wm ~pprov~d by tM MORTGAGEE. in wch comp~ny a compani~s a tM IY~ORTGAGEE n+ay dincq Md dl fih snd winditam inwrana policies on ~ny of Nid bvFldinpt, ~ny k?N~~st tMrtin w part IMr~o(, h+ tM ayprep+~~ wen a(a~said a in ~p~s tl~~of, sl+~ll ooM~fn 1Fr uwal a~ndard mort9apN cla~ o~ wch otF~ clws~ a tM Ma~papN may ~w~uin. m~kinp ti+~ lou v~d~+ u~d p1E ciK. ~ach ~nd ~wry. p+rabM a saW MORTGAGEE a iK intK~st m~y app~a?. ~nd ~ach and evNy wch policy shall b~ pranpt~r ~u:gned a+d dal;vsr~d ro .ny h.ld by uM MOaTGnGEE u funMr ~scur~r w s.~d ~,or~9aQe d.b~, and, not ba IMn ~en (101 d+ri in +dva~c~ of tM ~xpiration of ~ach policy. to dr tivN 1o a~id MpRTGAGEE s r~wal tMrwf. 1op~thK witA ~?scNpt for tl+~ prae~ium of svch r~walj u~d tf+K~ shall 6~ no fir~ a windstwm inwru~ pl~ud on am oi Siid bVl~~. My GttH~if fI1Ml111 Of pirf fANfOf, v~lsss te tM form ~nd with tM bsa pay~bb u afw~saidj ~nd in th~ ~wnt any wen of moMY becore~a payabl~ ~r such poliey or poliws s~id MORTGAGEE ~h+ll Mw IM op~io~ b nteiw snd ~pply tM sun~ on ~ccount of tht ind~b~ed i»~s s~cund hn~by o? ro pumi~ ~+W MWtTGAGORS ro naiw and us~ it or any put therwf for orher purpo~es, wi~Aout ~hareb~ wa;~i~g w~mpai.- ~?,Q a~r pu;ry, li~n a ripht w~d~r a by vtrtw of this mortpa~: and ie th~ ~vem satd N10RTGAGORS shall fw ~ny ~eaion fail ro keep ths said premises so inwred, or 4i1 1o d~livK prpnptly ~ny of wid polictes of i~nwanu eo said MORTG/1GfE, or fail promptly ro pay fully ~~y premivm therefor o? in ~ny re~pect fail b p~rfwrn, disch~ry~, ~x~cvf~ ~H~ct. camplNe. tomply with and ~bid~ by this cownant, or any p~rt hKwf, said MORTGAGEE may place ~nd P+Y fa u+d~ irow+eo~ or +ny P+n th~~eof without wstvlrg a aff~ctlnp any option, lia+, puity. w riphf under o? by virtw of ~hii Mort~p~. ~nd tM tull ~mo~nt of eacA u~d ~wry such paymn?t sh~ll M immadiahly dw ~nd payabls M+d shall bear inta~e~t frpn -tia dat~ thereof unril paid ~t th~ ~aq ol n~ns pa ce~tum pw annum and topetMr witA wch inrerest ihall t» securod by th~ IiN? of tha mor~p~y~. 1. To psrmit, comn8 w wff~i no wast~. M~irmeot or deteriuat;on of said prop~rry or ~ny prt thaeof. S. To p~y all ~nd sinp~lar tM cosis. eMrpe~ uid experw~, includirg s reason+bl~ attwney i fe~ ~nd costs of abstracts of titl~. incv.red or pa;d ~t sny time by tiaid MORTGAGEE, beaus~ a in fhe ~wnf of rhe /•~luro oo rhe pan of ~M said MORTGAGOIt ro duty, prompHy ~~d fully pe?form, d~xha?ge exenrte affact, complet~, comply with ~nd ab~de by each and every the s~ip~latiom, apreemants, cw~ditionb aod eovenants of said promissory ~ots a~d ~hu ~ rewrty~pe any w either, and said costs, charpes and ~xpenses, ssch ~nd ~very, shap b~ imrnediately dw and payable; whether or not there bs notice d~ mand, arqmpt fo tolkc! or wit p~ndirg; and tM f~ll unount oi each a~d every tuth paymem shsll b~w intereat frpn 1he date thereof until p~id a1 the rate of nin~ per centum per aiuwm; and all said tosts, charpei u~d exptnses incvrred o~ paid, together with tuch imerest, shall ba secu~ed by IFa lien of tha "'ortp+~• 6. ih~f (a) in the event of ~ny brexh of tlds Mortgapo w defsuN on Nr part of the MORTGAGOR, o? (b) in the eve~t ~ny of sa~d swns of mo~ey herein r~ferred to be not pranptly and f~lly paid within thi~ty (30) dayt nexl after the sarn~ sever~lly become dw and payable. witho~t dem~nd p notice. or in ths evarn each and every the stiputations, syreements, condirions ~nd cov~nants of said p.omissoay nofe and th~s mortgspe u+y w either are ~ot ' ivly. proniptly u?d fully performed. d~sch~r9ed. executed, effected. canpkted, complied with a~d abided by. tt~e~+ in e~ther or ~ny such event tM sa~d ag gregat~ wm m~nYaned in uid promissory note the~ remaininp uepaid. with inte~est ~cuued, and all moneys iecvred herebY. sAslt becpne dw and pay~ able Eorthwiflf~ p t}IQfNNN~ at the option of said MpRTGAGEE, as fvlly and compkte~y as if a11 of the wid wms of money wcre aiginslly stiputated ro be paid on wch dsy, anythirg in said promissory ~ot~ p in fhis Mat~age to the cq+trary notwi~hstsndi~g; ar+d ~hereupon a thereaher a~ tM option of said MORTGAGfE, without notice a dema~d, suit at law or in equity, thareFore or tl~ereahe~ beywy may be prosecwed u if all mw~eys setvred hercby had marured priw fo in iostih?rio~. 7. That in th~ went thst at the beginnGg of or ~t ~ny time pending any wit upon this Mortg~pe, or te fweclose it, or to mform it, or to enforo~ payment of any daims Mae~nder, said MpRiGAGEE sMlt apply to the CovA Mvin~ iurisdiction thereof for the sppointmei~t of a Receiver, such Court sl?sll fwthwith ~ppoint ~ receiver of said mwtgaged property all and si~gular, includ~ng ell and singvlar the incon+e, profits. iuues ynd rovenues from whstwer so~ra darived, each snd every of wh~ch, it beinp expressly wvders~ood. is I+ereby mort9aged as if speNficaily .ser fath and described h the ~re~tinp and habandum clavsea hereof, arw! sud~ Rece3ver shall h~w aU tlu brosd and effective funniau and powers in amrwite entrusted by a Court to a Rcceiver, and such appointment sha11 be made by wch C.ourt p ~n aty,nitted equity and a matte? of absolute right ro ssid MORTGAGEE, and without reference to tM sdeq~rxy or inKteqvacy of the wlw oi the properry mortyayed or ro ths soJvency a jnsohrewcy ,o,f sald MORTGAGOR er the defendana, and that such renn, profits, income, issves and rewnws shall bs applied by wch Receiver +~c~ordirg to thi fien oi equity of said MORTGAGEE and the pracYics of such Court. 8. To duly. w~*aty •~d ~~h wrfo~+. ~+•9w ~x.n,fe, eHect, car~kte, cort~ptY with and abidt by each and eve?y the stipulatiw?s, sgreemsnts, ~ cor~tio+n and careoana in ssid promissory not~ and this mortgage set fwth. 9. ihat in the event the ownenhip of the mort9sped premises, ot a~ryr part thereof. bacoe+es vested in • person othx th~+ the NIORTGAGOR. th~ MORTGAGEE, its successon and assiqro, mar. without no~ice to the Iy~pRTGAOR, deat with such s~ccessor or successor i~ interes~ wirh ~efere+~ce to tha ^'o.t4+pe and the debt Irc?eby secur~d in tM sane mamer as with Mort9agor without in ~~y way viti~tu~y a dischar9i~g the Mwtgagws' tiability herr under w ~pw~ the debt hereby secvred. No s~le of the premis~s hercby mortga9ed ~nd no fabeuante on the put of the MORTGAGEE o? iri successon w aug~u and no exraaion of tl~e time far the psyment of tF+e debt hercby ssewed ~iven by tl» MORTGAGEf w its s~ccessors or assigns, shal) op~rat~ to release, discharpe, modify cMnge p affecf ths oriyinal liability of the MORTGAGOR hereiq, ~ither in wlqle or in part. 10. It is specificaNy agreed th~t time b of the essence of this cdntract and thst no wsiver of ~ny obl'~g~tion hereunder w of tha obliystion sa- cured hareby shall af any time thereafter be held ro be a w~iver of ths terms hereof a o! tia iratrw~xnt secvred heiby. I1. tn addition to the forego:ng rnonfhly payments of princ'pai and inrerest reqvired by the promissory npte secured hereby, ~mortgagor tovenanls and agrees ro pay to mortgagee with each monthly payme~t ~n add~tionat sum estimated by mortgagee to be eqwl to 1/12 of the annual cost of the fdlow- ing: A-All real properfy tazes kvied or astessed against the above desc~ibed real estate. B-Premiums on fire and windstorm inswance as hetein requ~red to be carried on the improvemenb sitVate o~ the above desvibed prertiKes, • C-Premiums on wch mwtgage gwranty inwrance ss mortg~gee sha{I from Nme to time deem fit to carry on the {oan secvred hereby, Mortgagee shall from time to time noNfy mortyagor in wr;ting of the amou~t dve and p~yable hereunder ~nd wd~ wm shall.thereupo~ be due and payable on the due dsre of the next monthlY payment ~nd each succeuive month thereafter ~ntil mortqagee shall notify mortgagor of a cfisnge in sucb amount. Sucl? wms shall be applied by mortyagee toward the paymenf of real property taxes, inwrsnce prem:wns. ~nd mort9age guaranty inwrance premivmt. • _ IN WI7NESS 1NHEREOF, the said MORTGAGOR F?ss hereunto set his hand and xaI the day snd year fint aforesaid. ~ Sesled snd 1'we~ed in th~ presenc~ of: _ . . _ . . iT w°c~ covi~r~~ ~ ~ - RocEa Poitiua ~ afcono vEaiFiEO c~~? n ~-n STATE OF FIORIDA ' ~ IO ~ ~ * + cour~rr oF _ St. Lucie 2G1992 e.to.. p...«~.uy app.,.•a Pe rlie Jones, a widar~ ~ F=8ri1C1~i A• Harris and Valerie Harris w;r~, to m~ welt known ~nd knowe to me to b~ rhe kdividwb desaibed in and who executed ths foreyoiny instrw~wnt. ~nd acknowledped befon m~ thst they execwed the ssme fw th~ p~rpose: r~?e~ .~.~d. ,4,d ,t,. ,,:a Valerie V. Harris wife of tM uW Franklin A Harris ~ xpxate ~nd privats exam~natwn by me taken sepKSte and ~part from her s~id husband, ~u~dqed to ae~d befon m~ that sht executed ssid irutrument fre~ly and volwr rsrily and witl?out ~ny oomp~lsio~, constraint, apprei~eru;orL~t feu of o~ from her s~id Iwsband. WITNESS my Mnd uid official stal thii ~D r~G ~y ~ ~Ce~@r A. D. 19 70 N~sry Pa ' ~nd fa th~ at~ of Norida ~t Lup~ Rdum Ta My ~°rnm ~xpu~s° i~ ~r~ Firat f~derd Savirgs 8 Loan Atwciatioo . ~ of Fwr P~e.ce. i~;, ~ Rotary ~:~~K. Stak o1 Aor..?a at tarqe . , Fort Pierte. Flwida - ~ ~6~dn::Si • g, j? r ~.~n E~ires kuq. 6, 1971 J~: ~ 4~ b e.~iu. Ei. a sa~wecta ~ ~ ~ ~ - = r = 6- ~ r This Inst~ument Prepared By RichaYd K. KB~~ - , _ First Federat Savings d. loan Association 0j-,+~? - : :s~. J' : of fort Pierce ~ Flor ida ` ~ ~ # y : ~ ; - ''.~0: : p~i ~ : A' Chedced By ~ " ~'~f,~v°!I , • STPt~.t~c:_- • ~~~~1111~IIN~~~~ gooK188 ~24~?0 . ~ . ~ ~ ~ . . 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