HomeMy WebLinkAbout0361 J. To pt~c• •~d cont~nuously ?t~p o~ tM tw~':b~ws ~vw a M~~attN ~~Iwt~ o~~ aa:d ~a~~d •nd u~ a!; eq,n~annm u,d perw~,~lly co.cr~! by ~h~s mor~q.
+p~. w~th ~0 ~HCmw~xti tl.e~eon ~ud ~n lutl, I~rc ~m.,unce m rtN ~•?wl s~nda~J ~,~.cr Iwm. in • wn. aE:~u.ed br tne MUR:~..~t;tE. •nd wu~~~wm
mswMC~ in tM wwl •ra~wfard ~wi,cy Iwm, io a su~n aEqNU.od 4y ~M MpRiGAGt[. io fuch ca„p~+~y o~ ccvn;.a„~o~ af ~h~ MORIGAGEf ~ay
duKlj ~nd ~11 lir• ~~~d w~ndzw~m ~~wru~c~ po~N~es a+ •ny o1 N~d buJd.~.~s. ~~~Y interu?t the~e+.~ N p~rl ~hr~rul, in ths ~qp~•.ya~a •um ~lw~~aid a
In ~acest ~hereol. ~l+eU c.x~u~o ~h~ uswl standaid n,or~9apea cli~w o~ ~uch o~ha clew~ ~s ~M 1Nwtyayae ~*,~y rcy~,r~. ~nduq ~1w ~w~ w.Je~ •a,J po~i-
c~~s. a~eh ~nd sv«y. paYabl~ ro~~~d MJRiGAGEE a~ u~ ~~~~u~es~ m+y ~yp~u. ~nd each and e~r~y ~uch ~i~c,r •hatl 1» p~u~„p~:Y •~s y~~.•d ~„d efet~rr~ed ~o
•ny haW by uid h~ORTGAGEE af lur~har sctwi~y to N~d mw~9•y~ dabt, •nd. not leas ~Mn tan ~1p1 d~y• in aJ.a~~ec of ~hc e.pua~~c,n ol ca<h pohcy. lo d~-
livK 10 f~~d MORiGAGEE • rtnewal Ika?reol. Iop~~hN wilh • retsipl Iw the premwm ol wch ronevral; .~~~d thr~e sl~all l~r ~w 1.~e o. w~:~.1+a.~m ~nf~~u~ce
plac~d On aoy ol sa~d b~il~u~g~. ~ny inter~fl ther~~e OI pa~l the~tOt, unle~f in~:.; fo~~n ~nd wdh the Iws payol~le af a~wesenl: a*~d ~n 11» e.en1 a~iy wm
of mon~y becon~ payaW~ v~ ~ucA poiicy a polK~es sud A10RTGAGEE ~hall h~w ~hs op~~on 10 rKU~ve e~~d .,pptp ~!w sa~~~r on a«u~m ol the u~Jrbta•d-
nets s~cur~d M~eby p to ptrmit fa~d lAURiGAGORS 1o recerv~ ~nd us~ it p any p..r~ U~r,rul lo~ uu~•~~ H~r~ .ars. ,:,~~~.,.:t ih +•~~p..n.
i~p ~ny eQudy, Gp? or rpht under w by virlw ol this mortpp~: and ~n IM ~ve~~ ~~~d MORTVAGORS thall [w any rca?wi lail ~o ?.ep ~he s~~d pro~~~~s.•s ~o
insured. tx f~il to dcGve~ pranplly ~oy OI Wid pOlKief Of in~uruKe 10 laid MORIGAGEE. ot lod p~omytly to pay fully any prr~:~~.,m N~c~cfin q in any
resped lail M pHfum, d~xh+~yt. •xecute. •Hed, complets, canply witA Md abid~ by ~h~s core~+.N~~. a any pa~~ hareol, aw~d MUR1('aAGtE mey p~~te •~~d
pa~v fa such imvronc~ or u+y p~rl tMreof w~thoul w~ivinp w d(tctinp ~ny op~ion, li~n. eqwey. w ~~gh~ unJs. w by v~~tue of ~h~~ Mo~tgage, and the
full an?oun~ of each and t.yry such paymant ?hall t» ~m~nedutely dw and p~yabl~ ~nd shall be~~ inte~c~t from tM d•te thcr~wf ~n~d p~~d a~ tho ra~~ ol
~u~x pet centum ~•nnum a~xl toge~her with ~uch inte~est thaH be s~cured by tM li~n oi Ihi~ mortq~ge.
To p~rmit, tommil o~ fufter no wa~t~. imp~irmenl or dcteriwNqn o1 ~aid property w~~y part lhereot.
S. To pay dl sod iinputs? ths costs, charyes ~od eapenies. ~nctudiny a reason~ble ~~torrroy's (ce a~xl costi of abs~rau• ol Gtle, inc~nrd or pe~d a~
any time b~ wid MOR1GAGfE, becausa cv in tfk fvMt O~ tM f~~ivre on the pa~f of ~he said MORIGAGOR to duly, pranptiy •nd fully pw(orm, d~i:ha~ge.
raecut~, ~tlec4 tomplett, canpiy w~th and ~b:de by ~ach ~nd evcry ~he st~pul~~wns, preeme~b, tonditiona, and cove~~a~~~s o~ said p~o~n~savey note a~~d ~h~•
.,+ort~apa any oa e~the~, •~~d sa~d costs, <Mryas •nd expenses, e~ch and every, sh~ll bt immealiately due snd payeWr; vvhether a r.ot ihe~e be ~~~hce d~
R•and, atrempt to collec~ a suit pe~~d~ng; and the (ull amovnl oF each ~nd evay ~uch paynxnt shall bear imerei+ frum ~F+e dat~ ~hereol umi6 pa~d ehe
r..~e o~ ni~x ~x~ cantum ~~r ~m~v:n; aod all said cost~, <haryea ~nd capa nsea inturred w paid. together w~th wch interest, thall be srcured by the iie~ of thi~
mortpa~~.
6. Thal (a) in IAe svent of ~ny brcath oi this ~VAwf9spe a de(ault on 1he pert ol the MOR~GAGOR, or (b) in ~he cvc~t any of satd iums of money
hercin refer~ed ro be not praieptly and futly paid withi~ th~rty l3~) do~ra nca~ ahc~ thc sar.,e seve~ally become d~e and payable, witlaut dwna~x! or no~ice.
or (c) in the eveN eath and ~very 1he stipvl+tarts, ~graements, conditions and tovensnts ol sa,d p~oinisau~y notr and fh.a mortgage any pr c~~her are no~
iuly, proneptly and fully perlwmed, d~xharged, tsecuted, effected, cc+mpieted, canplied wi~h and sb~deJ Sy, ~heo in e~~her w any such event the ie~d eg
gregate ium mentioned in said prom~sso?y rrote thtn re~naining uapa~d, with ime~est eccrued, ar.d atl ~noory~ sec~red hereby, 1~10II bCt3~»! d~e and pay-
atr;e fwthwith, a thereaitcr, at the option of sa~d MORiGAGEE, as (ully and compleuty as il all ol ~he wid sums of moncy wc~a a~g~nally si~p~~a~ed
fu be pa~d on such day, a~ythir~g in sa:d p~om~sswy note or i~ ~his Mat9afle to the comra?y notw~thsta~~du~; and ~hereu~wn o~ thrrcafier a~ the op~~a+ of
s~~d MORTGAGEE. w~~ho:~t ~once or demand, s~it at law w in equity, ihtre(we w the~eafler begun, ~nay be proaecuted as if all moneys secured hcreby !
had maWred pr~or to ds inst~tut~on. -
7. That in the erent ~hal at the beginning of w~f any rime pending any auit u~oe~ Ihis Mortgage, a to faeclose it, o+ to ~eform it, or to en(ores
paymem of any defrns he.eunder, sa~d MOR~GAGEE shall apply to the Cou.t having jurnd~ction the~eot fot the eppo~~Umtnt of a Rece;ve~, such Co~n~ ~hall '
fo~thwith appoint s rece~ver of se~d mortgaged p?ooerty •Il ~od si~ulu, inclvd~ng all and singular ~he inco~ne, prol~~s, iss~es and revenues :rom whatever
s.~rce de~ived, each •nd every of wh~ch, it beiny expressly vndrntood, is herrby mortgaga~! as il spec~f~calfy set fo~~h and describrd in the y~ant~ny and
habend~m clavsea hereof, and such Receiver shall luve al! the boad ~nd eflecnve ~unct~w~s s~e! ~sowers in anyw~se entrusted by a Cou.~ ta a Rrcriver, and
sich appoiMment shall be made by auch Cour1 as an admitted equity and a mauet of absolute rigM ro said MORiGAGEE, and w~thoui reierence Io the
e.tequecy a insdeq~acy o~ thr v~lue o~ the properry mortgs9ed or to the soNcncy w inso!vency ol said lr10R1GAGOR or 1he defendan», and that s„ch
re~.~s, profrts, incwne, issues ~nd revcnves sMll be applied by such Receiver accord~~~g to ~M Iieo or puity ol sa~d MORiGAGEE end the practke of :uch
Coutt.
8. To d~ly, promptly ~nd fully perfwm, d~scha?ye, exccute, e~fecl, complete, comply with and ab~de by each and every the stipulations, sgreeme~~s,
condit'ans and cover~an~s in sa~d promisswy note a~x! ~his mwtgage set fath. •
9. That in the event the ownership of the mo?tga9ed p~cn,eses, a~ny parf tF+ereof, becomes vested in • Ferso~ other than the MORTGAGOR, the
~tORTGAGEE, i!s s~ccessors and sssigns, may, wi~hout no~ice to the MORTGAOR, deal w~~h such tucceuw or successw in ~~teres~ wi~h relere~ce to this
n~ort9sye and the debt herebr secured in the same ma~ne~ ai w~th Aiortgegor without in a~y way vitialing p d~schargjng 1Fx Mortgaqors' li+bility herr
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i~r~der or upon the debt hrreby secured. No sale of the promius hereby mortgaged and no forbesrance on the pert o( the N10RTGAGEE or its succeaso?s
e. ass~gns arsd no earension o~ the time fw the payment of the tlebt hereby sccurcd 9iven by Ihe MORTGAGE~ or iro succesaws w aueyns, ~hat~ operate
ra ~Nease, d~scharge, modify thanpe or affect the originat IiabiGty of the MORiGAGOR herein, either 9n whob a in psrt.
10. It is speoficaNy agreed thN time ~s of the esxnct of this co~tract and that no w~iver o( any oblfgat~on hereunder or of the obl'egation ar
c~~red hereby sha!{ ai any time thcrealter be hefd ro be a waiver of tfie terms hereof w of the ins~rument secu.ed he~by.
11 _ In aod t:o:~ to the (oreyo ng monthty paymenrs of princ'pel and interest required by the pram;swry no!r secured herebl, mortgagor covenants
ayrees ro pay ~o r•:artgagee with each monthly pay~:~ent an add~reonal sum e:nmated by nwrtgagee to be equal.to i/ 12 of the annval cost of the follow- `
n,;. '
A-Alt ~ea~ property taxes tevied o~ assessed against the above describcd real estate.
~ B-Fr~~~r~;rr.s on f~re ar+d windstoye irtsurar.ce as here~n requ:red to be urried on the improvemeats situate on the above d_scribed premises.
L-Prem,urrs on such mortgage guaranty insuraoce as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby.
Mwtgager stia~! f.om time to t~me not~fy mortgagor fn wriGng of the amovnt due and payable Fxreundrr and s~ch su:n shall thereu~n be due and
~~~ab~e on the due date of the next month:y paymem and tach successive month thereafter ur,til mprtgagee shall notify mortgagor of a change in wch
~--:.wm. Such sums stia:l be applird by mortyagee toward the payment of real prope~fy ta~tes, insurance Rrem;ums, aiid mortgage guaranty insurance
~ c~-emivmf.
IN \VITNE55 WH:REOF. the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid
~
~ ~ Signe~, Sealed and deiivered ie the presence of: rI~EO AMD RECp~
' iT.4UC1E COUNTY ~
~ ROGER POItR~! (5eaq
~ CIERK ClRCUiT QQ (~a~
; _ ~ECQRO YERIF~~p ~9~-~~~
~ (SeaO
~ -
i ~ATE OF FLORIOA 1 ~9 12 ~o PN ~t
~ ? SS_
couNtir oF S?. LUCIE i 2~}~j I o
Befwe me penona~ly appeared Karl. La.r sson a~
~ Vllmd ~.c1lSSOfl his wiie, to me well known and known to me to be
~ ~he individwls described in and who executed the fwegang instrumeM, and acknow~edged befwe me that they executed the same fw the purposes
rherein exp?essed. And the said ~/1110a ~rSSOfl
~ +v~fe of the sa~d ~Zl ~z SSOIl _ ~pon s separate and privste
e:am~natw~ by me taken sepa.ate and apart from her said husband, adcnowledged to and before me that she executed said instrument frecly and volun-
~ !a-~1y and w~thout sny compuision, constraint, appreher~s:on, ot fesr of w from her said husband.
WITNESS my hand and official seal thia d~y of December q. p, 1q 7O
9
` A !lL
~ otary Public in and fw the State of F{orida at large a
P
~ • . • My COmmission expires: ;
Retu~n io:
I~TARY PUBLIC„ SiATE OF FLORIDiII AT LAR~E '
~ f~rst federal Sa~~ngs 3 loan./lssouat~on ~~,~`M~'_~:, COMMISSION EXPIRES SEPT. 23 1973
~ Of Fott Perce. •:.,~`7~/vi~~b011DFD iHRll fR~ 1M. DlESTELi1pR~
Fort P~erce. Flor~da ~ ~ ~ ~
~ ~
~ ~ Y
~ • : - -'+~?"i,~ ' :
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: - 1-:-,; , . ~ ~ .
~ This Instrument Prepared By John W. COlY.~tl~ ~
fr J~, ~:;4;' :
~ First Federal Savings d~ loan Association •,4-~.-`,:' ~
of Fort Pierce ~ Flozida , ~~,~';'••••'~~c~.
~ ~ .
"'•~•.~~~:~~u~~+a .
Checked By ~ ~ .
~ 600K 18g PACE 3~
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