HomeMy WebLinkAbout1585 To ptw and continvously kMp on ~M bu~;d~np~ now a lwtifh? wNaN on ~a~d I~nd and o~ ~11 equ~p~++en~ ud pN~onat~y cov~ed ar N+~s ~arp~
ws~A ~11 pr~m~wws tAerwn p~~d M full. I~n inwra~c~ N+ ~M v~val s~~nd«d poi~cp ~a~+. • w~n a~,pro.ad b~ the N10Rt'vAGff. ~~d w~nQs~am
ieyw~nn +n rh~ vwal s~~nd~rd pW~cy fam, in • wm ~pwored by MORTGAGEE. b+ wcA companr o. coTp~n~es a ~M MORiGAvEE wwy
dh~t~t M+d all tir~ ~nd w:ndsw~m insw~nct po~ic»s on My o~ w~d bwld~nps. ~ inM~N~ rh~.ai~ o~ part thereol, in ~he pq~cya~ w~n afaesaid w
fn ~aoew thereai. fAall cwuain tM uswl s~andud mappN clws~ a wcA Wlw~ dauw as tM Mat9aq~e m~y ~eqva~. m~?~np tM to~~ u.~. s.d po~F
c»s. ~~cA and ~v~ry. P+rapN b ia~d MORiGAGEE as ~n in~~.e~~ may ~p~a. ~nd each and •~nry iucA po~rcy aha0 be p~«np~~y q~~cd vd dN~.a~d ~o
~ny MId by s~~d MORiGAGEE a furtAer secwiry to sa+d mwppe d~b4 ~~d. nw Int N?~^ ~s^ ~101 d~YS in ad~a+ce ot ~h~ e~pu~t~o~, of !KA pO1Ky. to dr
IivN w~id MORiGAGEE • r~wal tM~eof. 1op~~M+ witb • r~ctipl fa tAe pnm~vn~ of such ~~newal; and ~here aMI~ De no f,re o~ w;~,ds~a~~r i~sur~nc~
pl~ced on any of said ?xrild'+nqs, any inlerest tM+ei~ o~ p~?~ tisertot, vnltss in th~ form and w~il, ~M ~oss p+r•b4 +s •lae~+~d: ~nd in tM •vMt ~ny twn
of ,no~y becane~ paY~bb und~r ~uch policy a polKi~s s~id MORiGAGfE ihall Mw ~M optwn t0 ~KiivO ~nd ~pp1y tlw sa.n~ o~ +ccoum of ~Ae ~ndcp~~
n~ss ucur~d Ira~by w a pe~mit a~d MORTGAGORS w rcce~w ~+d us~ it Or any pa~t tAercol ta o:~~•~r pu~4~OSrs, w.tho~t ~hc•au~ wa~.i,~ or ~n~pa~r-
;~y anY pv~ty. !i~n p ripM u++der or by virtw of this mort9ap~: a~ iil ~M WM1 Nid MORTGAGQRS Sl~,ill fOI any reason fai! to kecp ~h~ sa~d pemises w
insured. O? }~il a d~live~ pron~lly ~ny oF said polities of insuta~tf ro said MORTGAGEE. or fa~l prcmptly lo p+Y fu;ty any prt~„~um ~hcrefo~ o? i~ anY
r~spett Fail to pKfwen, d~xhug~, execufe, eff~ct, compler~, comply with and abid~ by tFas co~renant, a any par~ hcreoi, ia~d IVIORTG~GEE may p~~cw and
paY For ~uth inswu+c~ o~ N+y p+?t thersof wi~hovt waivinp w aff~cti~p a++y op+~on, li~n. pvay, w r~gh~ unde. w by virtve of ~his Mor~gage. ~nd ~he
tull amoun~ of ~ach ar:d ~w.y such payr*~a+t shalt be immediately due and p+yable and ~MII bea~ inreres? from ths dat~ thereof un~il pa~d a> >he ra~e ol
ntne prr centum pM aiuwm e~~d tog~ihc. with such int~?eu shaU be secured by ~he lie~ o( th~s mo.t9pa
1. To p~rmit, ooinnut w sutfM no wutt. impa'ument o? deteriwation o( ia~d property or ~ny put thcreof..
5. To p+y all and sinp~+l~r tM costs, ch+rpe~ and •aPa+sea, ~r+clud~^y + ~e+w^+bls +nwney's fee and cwts of abstrscts of t~iie, ~~cuned a pa~d a~
any tims by said MORTGAGEE. b~caust or in t!?e ~vent of the failure on the part of the said MORiGAGOR to duly, promptly +nd fully perfwm, d~xharge.
eaecutt, effett, complet~, comply with a~d ab~de by exh and every the stipula~+ans, agreeenenri, conditions. +nd covcnants oi sa~d p~omissory note and ~h~~
mortppe any w tither. and sa~d tosts, charges and e~epenses, e+ch ~nd every. shall be immediately due and payabie: wheeher a not fhere be not~ce dR
mand, attemp~ ro colkct a suil pend~ng: ax! tM full amount of each and every such payment sMll bea• inrcrest from the date tAe~eot u~til paid af the
ra+e oi n'u~e per centum per au~um; and all said costa, charges and expenses i~curred or paid, together w~th svch interesf, sMll be secured by ~he 1~a~ of this
mwtpa~.
Q That (a) in the tvent of any beach of this Mortga~t or defaul~ on the pa?t of rfie MORTGAGOR, w(b1 in the evcnt any o1 satd sums of money
herein refHred to be not promptFy and fully paid withi~ th~rty (30) days nex~ after the same severa:ly become due and payable, withovt damand or notice,
or (c) in the evenf_e~ch snd ewry the stiputations, ~greem~nts, co~d+tions and covenants ol sa.d promtuory note and th.s morfgage any w c~ther are nw
~~ly, promptly and futly pafamed, d~scharged, executed, effMed, completed, compl~ed w~~h and ab~ded Sy, then +n eaher or sny wch evcnt the sa~d ag
greg~te sum rt+emioned in s~id promiuory note then temaining unpa~d, with inte?est atcrucd, and ail moneys aecured hereby, sha~l become due and pay-
abla fathwitA, a thereaftcr, at the option of said MORTGAGEE, as fully ~nd comple~ely as il a~l of the sa~d wms oi money were or~g~n+ily :t~puiated
ro be patd on such day, anythiny i~ ss~d prom~uory note w in this Mort9~ge !o the con~.ary norw~ehstand~ng; and therevpon or thereafte~ a~ the op~~on of
sa:d MORTGAGEE, without norice w demand, suit at law or in puity, therefae or thereafier begun, may be proaecuted as if all moneys secured hereby
nad matured pnor ~o ~es inslitution.
7. That in the event that at the beginning of p ~t any time pending any wit upon thi~ Mo+tgage, or to lorectose it, o~ to reiorm it, w to entorce
paymeM of any clsims he~evnder, said MORTGAGEE shatl apply fo the Covrt having junsdrctioo Ifiereof for tFro appamtment of a Receiver, such Court shall
forthvrith sppoint a receiver of said mortpaged p?ooerty all and aingular, inclutl.ng all and sirgu~ar ~he income, prof~ts, issues and revenves from whateve?
source derived, each and every of wh~ch, i1 beinp exp?essly underuood, is hercby mw~gaged es if spec~fically set forih a.+d deuribed in tht yrami~g a~d
habendvm claoxs hcreof, and suth Reteirer shall have •11 the b~oad and effectire furxt~ons and powers in anyw~se emru~ted by a Cou.t to a Rcceiver, end
such appointment shall be made by such Court as an admitted eqv~ty and a mat?t~ of absolute nght to said MORTGAGEE, and without refcrence to the
edequacy or inadequacy oi 1Fx v~lue of the properry mortgaged w to thc so~ve~cy or insowency o~ said MORiGAGOR d the de4enda~ts, and that such
renrs, profits, income, iuves and revenues shall be ~pp:ied bs such Receiver accord~ng to the lien or eqviry of saed MORiGAGEE and the practice of such
GouA. '
8. To du~y, p?omptly ~nd fuliy perfom~, d'ischarge, execute, effect, complete, comply with and abide by each ~nd every the st7puiations, agreements,
conditions and cover?aMS in ssrd promissory note and tha mwtgags set forth_
9. That in the event the ownership d the mortgaged premises, or any parf thereof, 6ccomes vested in a person other than the MORTGAGOR, the
M•ORTGAGEE, its successon and usi9ns, m+y, witFwut notice to the MORTGAOR, deal with s~rch successw w successor in interest wirh refcrence to this
mor~gage ~nd the debl hereby secu~ed in the same manner as with lNor~gagw without in ~ny way vit;ating a d~scharging the Mwrgagori liability here
undc? or upon the debt he~eby secu~ed. No sale of the premixs hereby morfgaged and no forbearance on ~he part of the MORTGAGEE or its successors
or assigns and no extension of the time fw the payment of the deb~ F.ereby secured given by the MORTGAGE~ or its successors w ~u~gns, ahall opera~~
ro releue, d~scharge, mod~fy change w affect the o~i~~nal Iiab~Gty of the 11110RTGAGOR Fureio, either io whoie or in part.
10. It is spec:ficalfy agreed that time is of the cssence of this contract and that no waiver of any obl~gauon herevnder or of the obligatan sr
c~red hereby sFall at any time the~eafte~ be hefd to be s waiver of the terms hereof w of the instr~rr~ent secu~ed he~by.
11. In ackJn~on to the fwego:ng monthly paymen!s o( princ pal and interest requ~red by the prom:sscry nose secured hereby, mortgagor covenants
and ag~ees to pay to morfgagee with each monthly pay~ntnt an add~rional sum est~mated by mortgagee to be equal to 1;" i2 of the annual cost of the follow-
ing:
A-All real p~operty taaes levied w assessed a~ai~st the above described reat estate.
B-Prem~~~ns On tire and windstorm insurance as lxrein requ:r._d to be carried on the improveme~ts situate on the above described prcmises.
C-Premiums on such mortgage guaranty iruurance as mortgagee shail from t~me to timr deem fit to csrty on the ban secured hereby_
Mortgagee shai! fiom nme to time notify mortgagor in writing of t1~e amovnt due and payable hertundrr and such sum shall thtreupon be due ent
Fayable o~ the doe ciate oE the next month!y payment and each successive month thereafrer uctil mortgagee shail not,fy mortgagw of a charye in such
a~tount. Such sums sFaif be applied by mwrgagee toward the payment of real property taxes, insurarxe prem:ums, a~~d mort9sge guarany iruu~ance
p•emiums.
; IN WIiNESS WHEREOF, the id MORTGAGOR has hereunto set his hand and seal the day and year f' st afwesaid.
~ S' Sealed a deti !~e presence ef:
! ~
E FIIE~ AND RECOROEO , n
{ ST. tUCIE COUNTII flA. a~
~ ROCER POITIIAS
~ - _ CLERK CiRCUIT C01lR se+4
RECORD VERlFI~D ,S,,.n
~ SiATE Of FLORIDA ~,~ty 15 3 41 PM'
couNn oF St. Lucie } 20341u
Befote me personalty ~pp~ared ~Zi.@ W. QOafI~Tl and
~ J118nitS K. ~O~iI'~Tl his w+fe, to me well known u~ known b me M b~
rhe individwb dexr~bed in ~nd wlw executed the .f«epoinp instrumsnt, and acknowlsdped beiore me that they exec sa~w~ for ths purposes
~mni~_~1 ['~nrivin ~~~~~~i~iie~~f~.
rherein expressed. And tFN ie '`~-L
~ w~re of tne sa~d ~zie I~l. (}odxin • ~p ~ ' .c+a w~~.+.
~ . • ~p•.'~P~!
examinata~ by me take~ sep+rate and apan from her said hus6ar+d, adcnowled9ed to •nd befwe me that sM~ .s~~d '+~a~~ ~~nd volu~- ,
. ~ . < , ~ ~
~ ranly and without •~y compulsion, constraint. ~ppreFroru w fear of o~ from her said husband. :~~t; " •
y WITNESS my Mnd and offici~l seal this day of J~u n• c~ •~A.,(~ ~ 19~
- ~ii~1J ; -
~
~ Notary Publie in u~d fDe~.~ rl ~t~ :
~ My Comm~uion eapirec J ~~+(iZ~s- ~ ~~l
Retum To: ~
~ firtt Fedent Savi s i loan Assotiation :titJj~~
~~,~,,t ~!1~C'`'..t it IKQa.
~ "9 f.~.!',.,~~ +~t~.~~~`''. ~5. 197'.
~ Of Fort P~erce. .v,.y~a~~i~1NlNR1 ~ .w • ~KW~• '
~ Fort Pierca Flaida ~ ~
~ ~as`~/
~
this Instrument Prepared By RiChaY'd ~C. 1C8ye8
~ First Federal Savings b loan Association
of Fort Pierce ~ F1o~"1de? `
~
~ ~h~~ B 6~K ~89 PAC.1581 i
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