Loading...
HomeMy WebLinkAbout0673 J. To pl~c~ and con~inuoutly kwp on 11x bu~:d~np~ now ot Aerasittr f~tua» o.~ tis~d land a}+d ;x+ at; ~qwp,nenr a~d pe,w~+t~y coverad by rl+~~ mtK~~- sq~. w~th a!I prem~ums ~I~e.~ pa~d m full, f~re insur~nce :n ~1w uswl ua~~d~~d pot~c~ form. in a wm a~wo.ed br ~hr MJ~~~,»EE. •~d ~~~~dsfam tn~w~nce in tM vswi ~~~ndard po6cy lam, i~ • sum •ppo.•d 6~ ~M MORTGAGff. in ~uch company or cw*+pame~ ~i ~he h~OR1i,AGEE maY ; dh~c~i and •II IN~ and windsrorm ins~r~nc~ polK~es on ~ny o} saK1 bu~M~oq~, +ny i+Ne~~s~ thaei~ w part ~hc~rof, in ~hs a~g~eysre wm •to~e~aid a ! In ~ac~ss tAereof, sMll contain tM viwl t~andud ma~9+~ee c~+us~ a such aha c:ause as IM Mwtya9e~ may ~equ:r~. m~?~~p ~ha ~o~s unda ss~d poli~ ~ cief. ~ach sod ~vNy. araba ro~aid lNORTGAGEE ~s ils in~ere~t may appear. :od eacA and every iuch poncy ~hall be p~on,ptly atis y~~cd ~~,d del~vered ~o ~ny Fwld by sud MOR(GAGEE ~i 1.;.~!»r sccurity to s~id mws9p~ d+o~. +nd. nw la» Ihan rcn (101 da~i in adw„ce o1 ~he e¦pua~~on of exh porcy, ~o dr GvK ~o wid MOR~GAGEE a r~+xwal ~hereof, topahM with ~ receipt fw the p~em~wn of such reae+~+!: a~+d ~hr~e sha11 tx ra Lre or w~~~ds~o~m ~nsuraoc~ pl~ctd on any o1 Nid bui~dinps. ~~y inlerqt thtr~in p parl thereol, untess i~ the fonn ~nd wi~h tM loss payable as aforesa~d: a~+d in Ihe evanl any sum ~ of ma~ey becan~t p~yable unds~ such policy or polK+es wid MORTGAGEE shall Aave ~he op~~on ro ~ece~ve a~~d ap~ly the senx on +ccoum of ihe ~ndab~rd- y ness secur~d Mreby W b Pffnlit f~if~ II~RTGA~RS 10 fKf~vt ~t~ Y1f 11 Of iny pa~t t1~rC0~ fOt Otn~~ pu~~.JSeS. ~:,+~~~U..t Ih ~ri ur ~v.:~v~ ~3 Or unpou- inp any pvify, lien w ri~ht w+der w by virtw of this mortya9e; ~nd in tM •vent ~a~d MORTGAGORS shall tw a~y reator+ }ail to k~rp the sa~d premisrs w insured, w fail b dtliver ptOmptly ~~y of said po~rcies of inwra~c~ to faid MORTGAGEE, w fa~1 p~ompily to pay fvily any }~re~n~„r.+ thc~efa o~ in a~y respect fail to pt~fpen, dixharye, e:ecute. ~Hect. complete, comply wi~h u~d sb~de by tkis covenan~, a any pan hareo(, sa~d MURiGAGEE n,ay pl~ce a~.o pay for suth inwranc~ w any part thereol withoul w~ivinp a af(ectinp any option. lien, eqv~ty, w righl under or by vir~w of this Matflagc. and tAe ; full ~rnount of sach ard ~very suth payment shall b~ im+ned'atoly due and payabk and ~1+all be+r imerrst f~om ths date IAereof unrJ pad at the raee ol n~ne per centum psr ~r?num and toy~e~he~ with such intere~i shall be secured by the lien of this morl9agt. 1. To pe~mif, canmit or s~ffK no wssro, impairmenf a deteriwation of said property w a~y part the~eof. S. To pay all and si~puls~ fM tosts, charpes +nd eape~ucs, including a reasonsble attorney's tee and cosrs of abs~racts o( t~tle, incurrzd or paid ai any time by said MORTGAGEE, betauss o~ in the evenl of tl?e failure on the part of the said MORTGAGOR to duly, pra~~ptly and f~fly perfor~n, d~xharge. exetute, ~}(K1, comp~ef~, comply wilh ~nd ~b~de by each snd every the stipvlanons, agreements, condit~ons, and covenams oF se~d pro~n+sso~y note a~d ~h~s ~ mortga9e any o? either, ~nd said tosts, tMrges and experties, each and every, sFwll be immrdiately due and payab:e; whether w not there he no~~ce da ~ mand, attempt to cot{ect w suit pendin~; and the full amount of each and every soch payment shall bear in~erest From Ihe date thereof u~til pa~d at the rare of n~ne per centum per snnum; and all said costs, charges and exprnses incurred o~ pa~d, togrther wdh such interest, shall be secured by the I~eo of ~h~~ mort~e. Q That (a) in the eveM of ~ny breach of thi~ Mwtgsye a defa~lt on the part of the MORTGAGOR, or (b) in the event any o1 sa:d su~+ss of money herein referred ro be not promptly and fully paid withi~ thnry (30) dayt neXt after the same severally beconx due a~-! payable, without deme~xl or notice, or (c) in the event each ~nd every the stipulations, sgreements, co~d~tions and covenants o! sa;d prom]uory note and th:s nw+tpage any or e~ther are no~ iuly, promptly and fully perfo~med, diuhargsd, execuled, effecied, ccmpleted, compfied with and ab~ded Sy, then in e+ther w any such event 1he sa~d ag gregate wm me~tio~ed in said promissory note then remaining unpaid, with int~rest accrued, and all mo~eys secured hercby, ahatt become due and pay~ able fwthwith, or thereafte?, at the option of said MORIGAGEE, as (ully and completely as if all of tl,e said sums of mo~ey were a~ginally st~p~:ated to be paEd on suth day, anything in sa:d promissory note or in this Moatgage to the conna?y notwithstanding; and thereupon w therealter at the opt~on of said MORTGAGEE, without notice o~ demand, suit at law w in equity, therefore or therea(~er begun, may be prosecuted as if all ma?eys secured hereby nad matured p~~or to iti institutwn. _ i 7. That in ths event !hat at the beginnirg of or at ~ny time pend~~g any suil upon this Mwtgage, or to forectose it, o~ to reiorm it, or to enforce ~ payment of any claims Mereunder, s~id MORTGAGEE shalf appSy to the Covrt having jurisdrction the~eof {or the appo~ntmem of e Rece+ver, wch Court shall j Fcrthwith appoinl a receiver of said mwtgaged property all ~nd singular, includ~ng ail and singular the incon,e, pro(~ts, issues and reve~ues from whatever source derived, exh ~nd every of which, it bein~ exptessly under~tood, is hereby mw~gaged as il spec~ficaily ut iorih and described in the granfing and habendum clavses hereof, a~d such Receiver shall have a~l the broad and effective (uncnons and powers in anyw~se entr~sted by a Court to a Receiver, and ~ such appointment shall bt made by such Court aa an admitted equity and a rt+attar of absolute right to said MORTGAGEE, and wi~hout reference to the edrquaty or inadeqvxy of the vslue of the prope~y mortgaged or to the savency or insotvency oi said MORiGAGOR or the defe~xla~~ts, and that such ' rents, protiri, i~tane, iuues aixl reven~es shall be applied by suth Receiver according to the iien or equety of said MORTGAGEf and the practice of such ' Courf. & To dvly, p?omptty and fully perform, discharge, execute, effect, complete, comply with and ab'~de by each and every the stipu~ations, agreementi, conditions and covenants in sa~d promissory note and this mortgage set fath. 9. Tha1 in the event the ownenhip of the mortgaged premixs, or any part thereof, becomes vested in a person other than the MORTGAGOR, iAe MORTGAGEE, its successws and sasigns, may, without notice to ~he MORTGAOR, deal with such succeua o? successor in interest w~th reference to this mortgage and the debt hereby secured in the same manner as with Mwtgagor w~thout in any way vifiating or d~xharging the Mortgagori Iiability hera under a upon the debt hereby secured. No sale of the premises hereby mortgaged and no lorbearance on the part of the MORIGAGEE or its successas o~ assigns and no extension of tF~e time for the payment of the debt hereby secured qiven by tFie MORTGAGEf or its successors w ass'rgns, ahall operate ' ro release, d~xharge, mod~fy change w affect the original lisbil~ty of the MORiGAGOR here~n, either in whole w in part. ~ 10. It is specifically agreed that time i~ of the essence of this contrad and that no wa~ve~ o( any obl~gat~on hereunder a of the abligation se- cvred hereby shall at any time thereafter be held to be a waiver of the terms hereo( w oi the instrument secured he~by. 11. In add~tion to the (orego:ng monthly paymems of princ"pal and interest rcquired by the prom(ssory nore setured hereb~/, mortgagor covenants and agrees to pay to mortgagee vvith each monthly pay~nent an addiiional sum esnmated by mwtgagee to be equal to 1 ~ 12 of the annual c~st of tbe follow- Eng: A-Aft real p~operty taxes levied or assessed agai~st thc above deuribed real estate. B-Premiu~ns on fire and windstorm insurance as here~n requ~red to be carried on tF~e improvements situate on the above dzscribed premises. ' C-Premiums on svch matgage guaranty insurar~ce as mortgagee shatl from t~m~ to time deem fit to carry on the loan secured hereby. Mortgagee shall from time to time notify mo~tgagor in writ~ng of the amount dve a~d payable hrreundrr and s~ch surn shall thereupon be due and ~ayabte on the due date of the next monthly pa~ment and each success~ve momh tbereafter u~~tii mortgagee shall not~(y mortgagor of a change in such ; a~~ovnt. Such sums sF.all be applied 6y mortgagee toward the payment oi reat propeny taxes, insurance pem:ums, and mortgage guaranty insurance o•emiums. . I IN WITNESS HEREOF, t said MORTGAGOR has hereumo set his hand and seal the day and year first afwesaid. j . ' ned, a 1 red in esence of: ' _ ~ i < < ~ cs~.n € ~ - ; ~ ,th _ (,~1 ~ F ~ ~ sNo ~ . ~s~.~ s STATE OFFIORIDA ~ St. Lucie ~ couNn oF ' ~ ~fa~ ~,y Dale D. Ernsbe rger, Jr. a„~ : ~ L018 ~e Ernsberger his wife, to me well known and known to me to be { ~ the individwts described in and who executed the fwegoirg instrument, and acknow:edged befae me that they executed the same for 1FK purposes i ~ therei~ e:pressed_ Md the sa~d TA~a P'iarie ~rnsberger . - ~ w~ie of the ~;d Dale D. Ernsberge~ ,~r_ r~y~ ~ate a~d priv~te e,~am~nat~on by me taken separate and apart irom her said husband, acknowledged to and before me that she executea.~„ Zd i heely and volun- ~ ra~~ty and w;thout any compulsion, constraint, epprehension, ~ fear of or irom her said husbsnd. ~ ~v ~ WITNESS my hand and official uel this fh ~ day of r ' D. 19~Q_ • : ~ • ' ~ ~ -z,.- ~i ; Notsry Public in a~d ~;?Na- /~t~ ~lt~ 1~?~ € My Commission expir~y~ . . ~ . ~ • - Return Ta ~ ~ I~~ a~~ t~.. ~ First Fede~al Ssvings 3 loan Assotiation f LEO ANO flE~~~O ~.y,~"~~. 1-"~"r~ . ~ Of Fort P+erce. <~IE CdV ~ l!l:?s~ YY~~` '~n ROCER P01111Af - +~!~w ~r ~ fwt Pierce, Flwida - h ~ Re7C@COld@d to Cosply w~th CLERK C~RCUIT QOU~T L • ~t i~~~~~~~~~~~~~~` - ~ ScrivenQr's Act. RECORD YEfl~F1E0 F1LEO AN0 ~ z st Lu4rE C~~~ ~ [~fC.~~ ~ ~ ~~8 IIOCER POITRA: !I - a /J-'~l i ~ This Instrument Prepared By J2?ses D.--cef st OIERK CIRCUIT CdU ~ ~ ~ First Federal Savings b loan Association RECORO VER~FIED~~ ~ of Fort Pierce , Florida 2Qe~320 QEC 31 ~ ~ ~P ~L 4 0l PM r0 ~ Checked By 11~_- ~ R 0 I pa ~ do~ 289 fa~ 67z a~K 188 ~2993 2a2`7f 4 ~ ~ - . . . _ . ~ . v _ _ . ~ _ _ , - ~