HomeMy WebLinkAbout0278 J. To p!xe and cont~n,rou~iy ?eep on ~1+e b~~ A.np~ aow w As~esfe~r t~?v~t~ on ?i~d i~nd and a+ •It oq~~pme~t and pe~wnally co~eerd bY Ih1t mw~p-
ap~. w:eh ~!1 pren:,um~ 11+e~eon pad ~n t~ll, I~re u,w~~nce ,n ~M ~fwl s~s~da~d po;~cy fo~m, i~ a f~~n aH~o.rd b~ Nu M~?~i~vavFE. a~u! wuxlttam
~nw.anc• ~n ~M wwt ~eanda.d ~ai,cy fcem, tn a wm ~p~xoved by ~M N10RTGAGfE. in ~uch' company or canEyn:~i ~s ~ne MORiGAGEE msy
d,recr, ~nd •(i 11r~ ~nd w~nds~onn ina~ranc~ po;,c~e~ a+ •ny ol ~ad bu+id,++ps. any int~.eu ~1,e~em or ~vr~ ~her~caf, ~he agq~~p~~c wn+ ataesa~d a '
i~ •ac~w ~Mreof, ~MII coma~n tM ~wal ~~anda~d mwepaye~ dauu a auch o~he. da~u ~i 1M Maey~9ee m~y requ~r~. ~Tal~~~g rnr ~oss undc+ •.+~d po~i- i
c~, e~cA ~od evcry. payobl~ ro u~d MJRTGAGEE a~ta inrerr~f m~y ap~a. ~nd ea<h and •rery fwch po~~cy fh~ll be promµ~iy ~ss q„rd and dN~verrd ~o
+ny Ae1d by ta~d MOR(GAGEE ~s ~u~~ha setv~~ty ~o s~~d ~,o+~p~~ debt. and, no~ les~ tMn te+. (101 d~y~ in adw~as ol ~he e.pna~~o~ o+ each pohcy, to d~-
live~ to ~~d MORTGAGEE a re~xwal thcrtof, Iope~hN with a ~ece~pl (a 1he p?an~um of tuch renewal; and ~he+e shill tHe :w I.re or w:~~d~~o~~n i~~wra~c~ 1
plac~d on ~ny of taid bu~id~n9i. ~ny inicrql tl+~re~n or pan tM~tof. unle» io tht form and w~~A ~M loas payable at alore~aed: and in Ihe e~•~~~t ~ny su~+ i
of nwMy becpnes pay~bl~ ur+de~ such policy or poiKies taid MORTGAGEf ~haii Mv~ ~hs opt~on lo rece~.e s~~d ~pp~y the ~ame a+ accovnt o! ehe i+drbted• ~
fMff flCWfd hNlby p b plrmit sa~d MOR'CGAGORS f0 fKeiW 1nf~ uq it Of •ny part the~c01 1or Othc~ p~ry~osca. ~~Jhwt th>n u~ Hv~v~ i j ~r rup~~r- I
in~ ~ny p~~y, I~ee~ or ryht u~de~ a by virtw of ~hi~ rtio:!p+9e; ~nd in the ~vem u~d MORTGAGORS ~hall fw any reason (~il to kecp the sa~d prem~srt so ~
iniu+ed, d f~il to del~ve~ promplly ~ny of taid po1K~n of insura~+ce b sa~d MORTGAGFE, w fail promp~ly to pay fu~ly any prem~vm therc~w o. in a~y
respect (sit b pa~o~m, d~scha~ge, e~ecWS, eHect, complete, cemply wiih and ablde by this covenant, p any pa~1 he~eoi, se~d FAORIGAGEE may p~ece a~~
paY fw sutfi insurance or ~~y W~t thereo~ without waivinp w affectinp any option. lien. equ~~y, o+ riyht u~dr? w by vi~h,e of eh~s Mo~tgafle. and fhe
fu11 amouM of cach ~nd eve~y sucA payment shall b~ immcdiately due and py~bls ~nd thall bea~ intacs~ from ths d~~e thc~col until pa;d a~ the rate ol
mne per ce++rum pc~ ~nnum and to~eihc. with such iroeres~ ihall be srcured by the lien of this mwtpaQr.
1. To permiL tonunit or suffe~ no waste, impairment a deteriwation o1 sa~d woperry a•^r pan ~hereof.
S. To pay atl ar+d sirgular the costs, char9es and exper~ses, includ~np s re+sonable atfo?ney i fee and costs of absrracH of tiNe. ~MUnCd or pa~d a~
any time by t~~d MORTGAGfE, because a+n ths evenf of the fa~:ure on the parl of ~Ae said MORTGRGOR ro duly, pro~nptly and fuity per}orm, d~scharge.
rxecute, etfett, cvmplet~, comply w~~h and +b:de by eacfi and every tihe stipulafwns, agrecm.:~ts, cw~ditions, and coveciaNS of sa~d pran~siory ~ote and th~s
.ra~yefle any or e~the~, and sa~d cosn, cMrpes and expe++ses, each end every. shall be imined~atefy dve and payable; whethrr w not +he~e be no~~ce de
mand, inempt to co:lect or suit paod:ng; and tht f~ll amouM of each and erery such paymero shall bear iroeres~ from tAe dat~ thereol until paid •t the
r.te o+ mne per cent.,m per annum; and a11 sa~d costt, charges and expe~ses ~nc~rred w paid, together av~th such inrr~est, ~ha!! be aecured by the lien of th~~
mortpa~.
b. Thst ta) ;n the evenl of ~ny bresch of lhis Mo+tgsye or defauh on the part of the MORTGAGOR, w(b) the event any oi u;d suma of mor+ey
hcrein refe~red to be nol promptly artd fully paid wi+hin thvty (30) days next afrer the same sevaat(y btcome due and payabte, without de~nand or nofice,
or (d in the evcnf each and every the stipulations, agaermenfs, conditions and covcnants of sa~d promiaso~y note and th~s mo~tgage +ny a ei~her are not
~uty, pranptly ~nd f~lly peaformed, d+xharged, eaecuted, etfect~d, compteted, complied with ~nd ab~ded 5y, then in either or any such event the sa~d ag-
gregate wm memioned in said promisswy note then remaining unpa~d, with interese xcrued, and att moneya setured hereby, shall uccome due and pay-
aa:e for~hw~ih, or thcrcafte~, at the opt~on of uid MORTGAGEE, as folly and comple~e~y as il all of the safd sums of mo~ey were orginally at~pu;ated
ro be pa~d on sucA day, anything in sa:d prom~ssory note a in this Mo~tyage to the contrary rwtwifhsts~d'u~g; and therevpon o. the.eafter a~ the optlon of
ea~d NtORTGAGEf, w~rl,aur no?Ke or demand, svit at law w in equity, thcrcfwe or thereahe~ begun, may be p~osecuted +a if all moneys secured he~eby
nad maw~ed pr~or fo ,ts institution. ~
7. That in the evmt that at the ~eginntng of or st a~y time pe~ding any su~t upon thii Mwtgage, w to faeciose it, or ta reform if, or to enlwce
paymeM of any daims hercundd, seid MOR~GAGFE shall apply to the Court having jurisd~c~ion lhereof fw the appointment of e Receive?, such Co~rt ahall
forth.rith appo~nt a rece~ver of said morfgaqed prooerty all artd singular, inctud~n9 all and singular the iruome, prof~ts, iss~es and reven~es from whate~er
s.~~rce derive~d, cach and every of whKh, it being e~p~essly underuood, is hereby mortgaged as if speufically xt forth and descr~bed in the grsnting a~d
habcndum clavsrs hereof, and such Receiver sha~l have all the b~oad and effecrive funtt~ons and powers i~ anywise entrusted by a Cou~1 lo a Receiver, and
s_ch appoimment aha11 be msde by such Court u an admitted equ~ty and a mattN of absolute right ro uid MORTGAGEE, arrd wolwuf aefererxe to the
ndequacy p inadequacy of the valve of fhe p?operty mongaged or fo the wtvency w i~solvency o1 said MORTGAGOR or the deiendants, and that such
renrs, profits, income, iuues and revenues iFwll be applied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice o( iuch t
Court. .
To dufy, p~omprty and fulFy perform, dixharge, exeeute, effcet, complete, comply with and abide by each and every the stipulations, agreements, ;
condiYans jnd covcnanrs ~n sa~d prom~ssory rate and th~s mortgage set forth.
9_ That in tht event the ovrnership of the mwtgsqed ptemixs, w any part thereof, becomes vested in a person other than the MORTGAGOR, the
ti~.CRTGAGEE, in successors and assigns, may, without notice to the MORIGAOR, deal wi~h such successar or successw in interest wit~h~ ieference to lhis
mortgage and the debt he~eby secur~ in the same manner as with Mortgagor without in any way vit~ating or d~uhargirg the Mortgagori lisbility here.
unde~ or upon the debt hereby sec~red. No sale of the premius hereby mortgaged and no iorbearance on the par, of the MORIGAGEE w its successws
or a:s~gns and ~o e:tensian of rhe time fw the paymrnt of the debt hercby xcured given by tF+e MORTGAGf~ !t ifs successors o~ au~gns, a:iall operate
~o rcleau, d.schar9e, modify thange or affM the o~iginal liab~lity of the MORTGAGOR hereity eitFKr in whole or m pa~t.
10. It is spec~ficalty agrecd that time is oi the euence of this contrad and that no waiver oi any obtigat~on hereunder w of rhe obligation sc
cured Mereby shal~ at any time thercafte~ be held to be a wsiver of the terms lxreof or oi the instrument secured herby.
1 l. !n add.>>o~ 'o fhe fwega'ng momhly payrnents of princ"pat and interest requ~red by the promissory no~e secured hereby, mortgagor covenants
and agr~s to ~ay to m.c-tgagee vvith each monthly pay~nent an add~~iona~ wm estimated by mortgagee to be eq~al to 1; 12 of the annual cost of the fo:low- ~
~ng:
A-Ait real properiy taxes kvied or assesset3 agai~st the abave described real estate.
B-~rem~u~^s on fire and wi~dstorm ins~rance as herein requ:red to be tarried o~ the improvements situate on the above described premises,
C-Premiums on such mortgage guaranty insurance as mongager shall from t~me to time deem fit to carry o~ the toan secured hereby.
Mwtgagee s'+a~! f.om time to time notify rnortgagor i~ writ~ng of the amount due and payabk hereunder and svch sum shall therevpon be due arul
; ayable on rhe d~e care of the next monthly pay~r.ent and each successive month thereafter ur.tif mortgagee sha~l notify mortgagor cf a change in such
z^-o~nt. Such s~ms sHa:i be appfied by mwtgagee toward the payment of real property taxes, insorance prem:ums, and mwtgage guaranty insurance
o•emi~rt~s.
IN Y~11NE55 WMER~OF, t6e u~d MORTGAGOR has hereunto set his hand and s I day artd year first afwesaid.
Se del~vNed ~n the p+eserxe of: FILEO !?ND RECOI~ , ;
;t. LUCIE COU1~7'Y - ` ~ ~
ROGER PO~iRI~s Levita ¢rhouse a ~n
CIERK CIRCUIT C 4 Y ,
itECORD VEa?fIEO ma ie rs n~"n
(5eap
DEC ~Y 2 ii PM ~ 1 O ~Sesl)
STATE OF FIORIDA ~ 2~~03 ;
~~~,~n ~ St . Luc ie ~ .
s~fo.e ~ ano~uy aP~a~ed - Svbil Levita Culverhousei a marrie~ nercon,,
~w ~wfw to me we(1 Qnown and known to mr to be
rhe ind~viduat! described in and w#a executed the fwegoing instrument, and adcnowledgrd before me that 3hep executed the same fw t1~e purposes
thcrein expressed. ~~fhs+~
wife-vi ~fw " tipa+r.~a~~wM~wi ~irM~
e+a?nl~+e+iow ~~ne r#errw~~w~ ~w» ir~w iw ~«i J~n~Mwdr wk~o~wieig~i ~o.awi i~fe~~. ww Nr~~i~e-eu~t~d~ ~rM~wirMw ~K~iy. an~r~Irn.
~a++lr wrl ~1~o~t~ an~ <sn~pdflor+~ cvwaawwr~-+~P'r~e~s;~q a„~e~w.ef.a I.~n?Jw aaid.twibar~..
.t,~'
WIiNE55 my hand and officia! seal thi¦ .~a7'- day of ~@C IQbeY q_ p, ~q_7Q_
Notary P ~c in and iw the tate of Fbrida ~t larye
My ~ssan eapires: L~ / 9 7~
Return To:
Fin~ Fednal Sav;ngs b Loan Assouat~on C:~;t p! ~;~r,?2 dl ~at9t
Of Fort P.erce. ' ' ' ' 6, ~9~~
..~.ut111~ s• ~r-- nty lC iS:tJR rCXN{(~S ..u~.
Fort P;erce, fio+~da ~ " ~r~i
~ ;1r~•~ ~ ao~~~aLAtl~fltl~~Y~flY86Y~_
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Th+s Instrument Prepared By E. t3raun.::,~~~• ~~..'Jw~:''_.'.
First Federal Savings 6 toan Association ~ "
• of Fon Pierre , F lor ida J ~ c,
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Checked By '~n"' ~..~-•••'O~C~~~~;~.
0 R ~~~~Z~~~,.~`f
- aoax 189 ~~E ~ ~8
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