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HomeMy WebLinkAbout2905 } ' ~ i. To pt~a s~d conli~woutly k«p on N+~ bwldirq~ naw a MrNfN~ uh~a1~ on s~id I~nd ~nd on ~il p~ipnkM ~nd p~e~on~lly covM~d by ~hb ~worr~ p~, with NI pn~ai~ny thw~on pa~d in fu11, fin M~w~w~c~ i~ ~M vswt uaidwd pol~ lorn~, b a?we appowd b~ tM MORtt',AGEE. ~nd windNam hrw~na in N» wwl Nwdad poi~qr ~aa~, in • awn ~pp.owd bY ~M MORtGACiEE. in wc1~ saop~ny a co~np~n~N a ~M MORTG/?GEE ~r dlncf~ ~nd NI fMi ~nd wind~wriw M~w~na Pakia on «+y of ~ad buiW~b ~n~ MN.H~ ~Mr~~, or pat tM.wl, in ~h~ pp.s~h wrw afaes~id a M~xaM Ma~ol. ~MII aauNn tlr u~wl s~~ndwd nar+9pM c1a~rN a wch aiw~ clwN w tM Mapa~ nwy rpva~. mak~rq tM IoN urwl~+ ud polE c~. ~Kh ~nd ~vNy. WYab4 10 MW MORfGAGEE N it1 inNrNt ~My ~fp~M. Md ~Hth ~nd ~vNy ~~?th polity ~I+all b~ p~omplly wf qned M+d dttivK~d /o •nr hNd br ~d MpRrGAGEE a tuni+K wcwi~y ro wid ma~pap~ d.W. «+d, na ba ~Fwo an (l01 d.ys ~n .d~a~+c• 01 ~M .~~i..~an oi ..ch PotKr. w dr liw~ to s~id N1pRTGA(iEE ~ r~wal IMnof. Wp~~lwr wi~h • ha~p for t!w pr~e+wwn of wch ?lMw11j and ~her~ ah+ll b~ ~o f~r~ a winds~wm in~w~nc~ p~~ad on ~n~r d wW buildinps. ~ny iohnq th~r~in a pa1 tMrwl. ve?bsi in ~M Iam and wi~h tM Iw~ p+y~bb a afa~~idr a+d ie tlw ~vMt ~ny swe of ew~eY b~ca~ payabl~ w~ wd~ polky a polici~a wid MORTGAGEE ~twll Mw tM option ro rec~iw and ~ppty the ~ar?n on xcovn~ of Nw fr~bred- ji ~s s~cwed 1~er~b~r o? ~o pNmit sakl MpRTGAGpRS ~o npiw ~nd w~ it w iny pMl IhttlO{ 1W Othe~ pY~pOtei. withput thprrb/ waivi,r~ pr unprir- t +^o «~r ~h. Wn ar ~ipht wd~~ w by vir+w d thi~ mortY+p~s ~nd in tM ~vMt ~a~d MORTGI?GORS shall ~w any rawn fail ro te~p ~he ~id p.emi~es w ~ iniund, a fa(1 b ddiwr promptiy aMr of ~id pol+ciei oi irawanc~ b a+;d MORTGAGEE, or fail promptly ro pay fully any p.em~um ther~fo~ a M u?y r~sp~ct (~il w pwiwn~, dix~p~. ~x~cv~~. ~ff~ct, compl~t~. comph? wiM ~nd abid~ by tha cownint, w~ny pu~ lw~wf, wid MORiW?GEE may p1+u ~nd P+Y ta wd~ ie~~nq a~nY Pan M~rwi wi~Mut waMinp a ~ffw-tinp +np oWion. ~i~n. pv~ty. w ripA1 vnd~. or by vi.~w of ~Fus Ma~pap~, ~~d ~M. fuj! amo~,m of .+ch «+d .wry w~h p.ym.~~ .~+a~~ b. ~.dw~.y dw .~+a P.y.a. ~nd slull bw~ inle~es~ from tM dat~ ~he~tof uMil paid ~t tM ~a~~ ol nin~ p~. cM~~,m p~. a,xwm and ro~~ha with avch int~.esr iha11 b~ ~acund by th~ Iwn of thu mor~yaye. 1. To pKn+lt, oomn~t o? wH~r no wasb, Mnpabm~et or d~ro?ior~tion of said prop~rty or ~ny p~rt thereof. S. To p~y all aed slnpula~ 1M costs c1~upN and ~:pMwa, inct~dirg • r~asonable attorrK~ i fes and oo~?s of absfrxts of ~iil~, incvned w ps~d a~ sny ti~ by said MORTGAGEE„ b~cws~ a in th~ ~wnt of tM failun on tM pan of d,~ said MORTGAGOR w du1y. prompdy •nd fuily pa~iam, d~xhary~, executt. eff~cf. compl~b, c,omply with and abidt br ~ad~ and every the stipul~t~o.?s, ayreaments, cunditions, ~~d eovenantt of seid promissory note and ehi~ morryape ~ny w eirher, aod said co~h, clur~s ~nd ex~s each ~nd wery, tM!1 be immediately dw and p+yable; whefher or not ~he.e be ~o~ice d~ mand, srtempt w coll~ct or wi~ pMd~npj .nd tM full amoun~ of Nch ~+d wery such p,Yme+?r shall bcar interesf from the dat~ NKreof umil pad a~ the rate of ~i~ per centum pa +~uwm; ~ed a,ll wid owts, chuyes end expenses N~axred a paid, topeiher wifb a~ch interest, ahall 6e Ncured by ths lien of thif "'°"°a°'. 4 6. TMt (a) in the ~wnt d ~ny bnac~ of this N{ort9s~ or defa~U on tM part of the MORTGAGOR, a(b) in ~he event ae~y ot sa~d swns of money her~in refa~red to b~ ~+ot promptly ~nd fully paid within thirty (30) days next atter the same tever~Uy becorne dve and {»yabls. wlthout dernand a notice, e? W M the evsnt e+ch and ~vuy tF~ stipvlatio~q agreements, conditions and cov~nq oi ia~d p~omiuay ~ofe snd fh~s morfpa~e any or either ar~ oot iuly. pron,pNy arw! fully pKfwm~d, d~schary~d, ~:ecvred, ~ffccted, complN~d, compl~ad wi~h and abided hy, fhen i~ either w ~ny ~uch event the said ag g~eg+h sun? mentiw+sd Fn said p?om+awy noM fhsn remaininp ur~a~d, with inleresl ataued. and all moneys secured hereby, tMll become dw and p~y- able iortkwith, or thsreshe+, at 1l~e opnon of siid Al10RTGAGEE, as fully and compkuly as if all oi tF~e sa~d sums of money were orginally st~pulated to be psid on wch daY. anythinp in saK( promiswry note ar in this Morpage to the contrary notwiths~aixling: and thercupon or thcreafter at the optiw~ of sacd MORTGAGEt„ witFaut nwrce or dem~nd, wit at law or i~ equity, therefwe w fI1lfNItN begun, may be p?osecuted u if all maroys secured hereby had matwed. prqr b its irotiturion, • 7- YI?~t in tM ~wnt that at the beginninp of o~ at sny time pending any s~it upon this Morrgsge, or to foreclose it, w to refam it, o? to enfo?ct psyment of sny d~ims herwnder, said MORTGAGEE shall ~pply to the Cou~t having jurisdk~ion thereof fo. the appointme.N of a Receive~, such Cowt shall fwthw~th appoinT a receive? of said matqaged proQerfy ~11 and sugvlar, includ~n9 all and sing~lar the income, profits, iuues and revenuea Irom whatever wurce derived. each ~nd every of which, it beinp expressly w~derstood, is hereby mwtgaged ~s if spec~fically set fath and dexribed in the granting and habend~rm cl~usp hereof, and such Rectiver ihsll Mve ~U tM bro+d and effecrive funct~ons and powers in anywiu entrusted by a Coun to a Receiver, and such appoi~tmtnt shall be m~ by wch Caxf q an ~dmined equity a~d a matte~ of absolute right fo said JNORTGAGEE, and w;thou~ refere,~ce ro the adequacy or iMdequacy of tht v~lw of the property mortyaged or to the solvency or inwlvency of said MORTGAGOR a the defendants, and that such renn, profits, income, asuss and rev~nuss sMll be appl;ed by such Receiver ~ccwding to tM lien or equity of said MORTGAGEE and the practice of such Courf. 8. To duly, promptly snd fully p~r{orm, d'ncharg~, exeaete, effect, compkte, comply with +nd ab'~ds by each a~d every the stipulations, agrecments, conditans and cwrenanrs it~ s~id promasory na• «+d ~h;s morr9sye se~ fw~h. . 9. Thaf in the event the oMrnership of the mort9aged pren,;ses, a a~y put fF~ereof. becomes vesfed in a penon other thsn the MORiGAGOR, ths MORTGAGFE, in succrssas u~d assipns, rnay, v„ithow ao~ke to the MORTGAOR, deal wifh such successor p succesaor in ;nterest wi~h referaxe to this mortgage and the dcbt h4reby secured in th! s~rne manner as with Mwtgagw withovl in any way vitiatinp pr dixharginy the Mortgagors' liability herr under w ~pon the debt hereby secured. No ~ale of tha premises hereby mortgaged and no fwbearance on tF~e parf of the MORTGAGEE or its wccesaon or auigro and no extension of the time fw ths payment of the debt here.by secured yiven by the MORiGAGEf or its successors or usigns, shall operate ro rekaae. dischar~e, modify ciwnye w affett th~ original liability af the N~ORTGAGOR herei~, eithsr in whoie w k~ part. 10. It h specifically ayreed that time a of the esseace of tha contract and that no waiver of any obJigatan herevnder or of ti~s obliy~tion se cured hereby shall st any tirrK thereah~r b~ hetd ro be a waiver of tF~e terms hcreof or oi the instrumem secured herby. . 11 _ In addition !o tlx fwego:ng month!y payments of princ'pal and interest required . by tFrr prom~ssory nore secured hereby, rtwrtgagor covenants and agrees to pay to mongagee with exh montMy payment an add~rional sum estimated by morfgagee to be eq~ai ro 1/ 12 of rhe annual cost of the fo!!ow- ing: , A-All real property tsxes kvied or assessed against the above described real estate. B-Premiums on fire and windstorm iruwance u herein requ~red to be urried on the im~ovemenn sitwte on the above desuibed premiaes. C-Premivms on such mwtgage gwnnty insurance as mortgagee sha1) from f~me fo time deem fit ro ca~ry on the Ioa~ secured hereby. Mortgagee shal! from time to time notify morlgagor in wi;ting of tl+e amount due and payable hereunder snd such sum shafl thereupon be due and payaWe o~ the dve date of the next monMly paymeM and each successive month thereafter until mortgsgee shatl notify mortgagor of a change in such amount. Suth sums shatl be epplied by mwtgsgee toward 1he payment of real property taxes, imv~ance prcm:urtq, and mafqage guaranty insurance prkmiums. - IN WITNE55 WHEREOF, the said lMORTGAGOR Ms huevmo set his hand and seal the day and r irst aforesaid. S~pe~~~~vered in tht pre~enc~ of: ~ , r 17 1. n ~ n ~ . ~ srAre oF ~ort~o~ ~ St. Lucie ~ courm oF e.ra.. m. p..,~.iy .~...ea Thanas E. Conboy .na ~02~Ot~ly E. (An~O'y his wife, to me welt known ~nd known b me ro b~ the iadividwb described in ~nd who ~xecuted ths fore~oir~ h?strument, and adcnowledged before rne that they executed the same for the purposes rtk..~ .,~.~d. N,a th. Derothv . .onbav wite of the aid - Th~m~a F.. Conbov ~ vpo„ • sep..~te a+d priv.t~ examin~tion by ms tsken sep~rat~ and aput from her ~aid FMnband. ~duww(ed~ed tu and beforo rnt tMt she executad said irntrument freeiy snd volw~- ' rsrily and withwA u?y compulsion, ao~straint, apprehem;py y~ f~ar of a from her ~id Iwub~r+d. ~ WITNESS my Fwd and official ssal th:. ~~i ~ r~ci__ day of ; A. D. 19 7Q J:.. . sry Public in Md fa tlw Stat~ of Florida at 4rp~ Rstum Ta. . ic--~.~:'-' ~'~::~:~1r Comnission e~cpires: First F~N SavirKp i loan Axoci+tion ~ ,~~~N~~!~a~~~ ' ~TAR? 'WL~ =fATE ~ f1~~ A~ ~ n~ ~R`-. J~~ ~ ~i~ ~ COMMISSION p(p~p~Q Cb~ ~~AM~Er~ Of Fwt Pierte. ~P:~~~~~~~~ ~~~~L ~ 1~ ~^W s~r~~ 7/I . fwt Pierc*. F(orida . ~ a x~_ 1~~ : ry - M' ~ ` - ~ ~~=~~K~ V t. ~ . ~ ! ~ • 1 ~l ~ ~ ~ ~~-1' ~ Q : a- '=r ' ~ ~~REp o~ Q,\.j . ~ . 4; , J'. ~;.~i_, : ~~~~'~y4~; iT.tYCtE C Ty • .k- ~ ItOaElt ~ i This Instrument Prepared By Johci i~1. 1~ ~[O _1~ A~ CtEllt CMiCYIT OOtM Firat Federa! Ssvings b loan Association a ~ REOORO YERIt1E0 Fort Pieroe ~ Florida •:~',~n - • ZJ 5a.•• ~ ~ ~ ~ ~ ~M ~0 Checked By ~~•~i~~i r~2~ 2a226'7 ~ 4 pa ~ : . ~ - ~,.r ; ~ ~ . - - - ~ ~ - . . . , _ :~._.._x .