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HomeMy WebLinkAbout1758 M , ~ . To pl~a ~*d ca+~in~oously ~~sp on rM bu~td~n~s now a h~r~~iq. 4~~~t~ a+ ~a~d Iand ~nd on •11 ~q~~p~.,~m ~~+d pe.~oe.ally cove.ed b~ M~s rnaq~ +p~. wi~h ~11 q~mivnN thK~on p~,d in ivll. IK~ intw~~+u in tM v~wl s~ud~~d po!KY lam, in ~ w~n ~p~xo.ed b~ ri,e NIJR+GnGEE. •~d w~nds~a~n ~+nw~nce 1n rM wwt Nsndard pot,cy fwen, in a wm ~pp.or~d b~ ~M AAORT(i~1GEE, ;n wch company o. cory~anHS a ~o+~ MORIGAC'sEE ~nay d~ct~ ~nd NI lir~ a+d wind?a~m insw~na polic~s on My of ~a~d buiW~„ps„ ~ny ink.~~~ ~M.e~n w p~.~ ~herwl, in d» ap9~ep~re w,.~ ~tae~a~d a~ b+ ~xt~ Nw~of. shall canui~ t1» vwral standNd mwfppM dws~ a such a!w dww a tiw JiAo.typer may requ..~. m~?enp jo?~ und~. s.,d po1~ ci~s. ~ach ~~d ~w~y, par~bN a ~a+d MORiG~C.EE .s ~M ~mM„t may ~pp~ar. ~ed sacA aad tvery t~ch po~,cy .h•11 be prompny yned and delivcred W .ny Mld Sy w~d MORiGwGEE a/u+~lw~ secvrity to sa;d mor~p.q~ d~b/. ~nd. no~ 1~ ~han t~n (101 d~ys in advance of tiw eapnat:on o1 !Kh pp1i~Y. ro dr IirrN tp s~;d 1NpRTGAGfE ~ rMewal the~~oi. 1ope~lwi witA • rtc~ipl fa t!~ pr~.nium of wch rtnewal; ind ~Mrc ihatl be no f,re or r?~~~ds~w~n inw~ance pl~c~d an ~ny o1 uid build~rgs, any inlt~sat thK~~n w part tF~~of. vnleu i~ the /orm ~nd with tM lou payable ~s ~fw~uid: and ~n Nw eveM ~ny w~n of morwy becyn~s payabl~ w~d~r wch polky a polic;~s said MQRTGAGEE shali Mw riw opteon ro.ece~ve and appiy iAe sa+:~e on xcuunl of ~he ind,rb~ed- ^~ss NNr~d I~~by p q ptrmif ~a~d 1NpRTCsI?GORS ro~iw ~nd us~ it or any part thereof lor oThrr pur~~oses. W~iI1pJ1 thr~u~ wa.~~~3 0. ,,,,p.,,.- iny anY eqvity, IiM or rght undN or br y'utw oi this mortpaq~: ~nd in ~F~ ~ve~t sa:d MORTGAGORS ~Full fw any ~eason (ait ro Eeep ~he ss~d prem,u~ sp insured, pr fal) 1o dtlivK p?pnplly a~ryr of 31id pplKiN of iraurant~ lo said MpRTGAGEE. cv faii promptly to pay luily any prsm~um ~herefa a in an~ reip~ct f~il w pKfwe~, discharge. t:ecut~. ~ff~ct. compleq. comply witl~ ~nd ~bid~ by thw coven~nt. a~~y part hcreof, s,~d MORTGAGEE may p1~ce a„e ; paY fa i~ch iow.anc~ a~oy put ~herwf w~tfiw~t watvinp or ~H~cHnp any opr~w~, Ii~n, pv;~y, cr ~;pht unde. a by r~rtw oi rh;s Mor+pape, and she ~ full amouM oi each and ewry wd+ paym~nt sMl! b~ imrnediaroly dw and payabb ~~d thall bear imeros~ from tM daie thereOf umil pa~d at the ~an ol ~ nirne pN centvm pe~ a~num and to~e~he~ with ~uch i~te.est shall be secu~ed by tM lite~ o( tFus mwty~pe. Yo p~rmit, oommit a wffK no wute. impairment or dsterioratio~ oi ssid properhr or ~ny part thereof. ~ S. To p~y alt aod sinp~t~r ths costs, cMrpa u+d e~cpe~set, i~c~udinp a rcaionable sttorney's fes and tosts of abstrac~s of title, inc~rred o~ pa~d at ~ sny time by said MORiGAGEE, bscavse ot in the tv~~t of the fail~re on t!w pa?1 of the said MORTGAGOR ro duty, p~anp~ly and fully periwm, d.xhs.ge. execvte, effett. compkte, comply w~th a~d ab:dt by each and every ~he st~pula?w~s agreeme~b. conditioro, and covcnann ai s~~d prom~:sory note and thi~ ~+~wtgape any w ti~her, and sa~d costt„ charges ~nd _expenses. each ~nd every, shall be immediatety dvs and payable: whe~her p na there be no~:ce dr y mand, atlempt to collect or :vit per+diny: arwd th~ full ~e?ovM of each and every svth paymeM shall bea. interest Irwn 1he date thcrcof until paid a1 rhe rate oi nine per centum per snnum; a~d +JI said catt, cha~~es and expenses incwred w paid, together w~th such ~ntercst, shaU be secured by the I~en oi tha 6. Th~~ (a) in the ~vent of ~ny breach of tlw Mort9~g~ a def~ult o~ the part of the MORTGAGQR, a(b) in the event any of satd w,,,s of money hcvein~referred to be not promptly u~d t~tly paid within thirty (30) days ne:t afre? the same seve,a:ly become d~ snd p+y+bk, without demand w notice, or in the event each and ~very tF» stipulatio~n agreements, conditions ~nd co.enants of sa:d promiuory note and th~a mortgage any w e~~her ire ~ot iuly. promFstlY u~d fvlly perfamed, diuharged. e,eecuted. effected. comp{eted, compt~ed w~th and abided 9y, then in e~ther or any such event the sa~d ag gregsh wm mentioned in said promissory npte theo ~emaining unpaid, with ime~est acuued, and alt moneys secured he~cby, shall become due and p~y- able fwthwith, w thereafter, at the option of said MORTGAGEE, u fully aid completely ~s ii all of ~he said sums of monry were orgi~ally s~~pulated to be pa~d on such dsy. anything in sa~d prom~uory note o. in this Mwt~sa~ee to the contr~ry notwiths~anding; and there~,po~ or thereafier at the op~ion of satd MORTGAGEE, without ~otice a den?and, wit at law or in puiry, tIllftlOf! 01 tAHNI1K begun, may be prosecbted as if ~II rnoneYS secured hereby had miturld pnOr to its inttitution. _ 7. TMt in the event that at the bepirusing of or at eny time pendirg any wit u~on rhis Mongage, p to fo~ecloae it, or ro reform i~, or to enfwoe payme~t of any daims I+e?eundcr, ssid MpRTGAGEE sMll appiy to the Covrt having jurisd;aion thereof fw the appoiotment of a Reteirer, such Cou~t shaU Forrhwith appoiM a rlCtivN Of said rtlpt9aged p?pper?y ~p a~d sinpular, includ~~g a!t and aingulu the income, prof~ts, iuues ~nd revenues from whataver wu.ce derived, each and evcry of which, it bcinp expressly understood, is hereby mortgsged u if spec;ficslly sel forth and dcscribed in ihe ~ranting aod habendum clavses hereof, and wch Receiver thall have a11 the broad and effective furictwns and powcrs in snywise entrusted by a Court to a Receiver, and such appointment shall br made by svch Court as an admineid eqv;ty and a mstter of absolute rigM to said AhpRTGAGEE, ~nd w;rhout reference to the edeqvacy a inaJequacy o( the v~1~e e{ Ihe propKty Rwrt9sged a to tl~e sonrency a inso~vency of aaid MORTGAGOR a the defe~dants, and tAat such renrs, profits, incwne, iuves i~d revenues shall b~ ipplied by such kecrver accwd~rg to tAe Iien a equity of said MORTGAGFf and the pract;ce oF wch Court. & To dulY. w«^Ptly snd fvlly paform, d'ischarge, execute, effect, compkte, cornply w~th u~d ~bide by each and aw~ry the st~pulations, ~greements, co~ditwns ~nd eovenants 7n said prom;uory note and this morty~ge set fath. 9. iMt in ths event the ownership of tM ^wrt9+9~ P~anisss, a any paH thereof, becwnes vested in ~ pen~on other than the MORTGAGOR. the MORiGAGEE, ib successon ~nd suigns, may, wirhoW rqtice ro thr MORTGAOR, deal with such wcceuw or wccesaor in interest wrth refercnce ro ~h~a mortgage and the debt hereby secvred in the sams ma~w~er u with Mortga~or without in any way vitia~ing a discharging the Mwtgagors' Iiability hcre- under or vpon tl~e debt he~eby secwed. No s~k of the p~e~nises h~reby mortyaged and ~o torbearance on the part ot ~he MpRTGAGEE w its successon w aueges snd no extens~on of the timc for the p~ymem o4 the debt hereby secwed given by the N10RiGAGE'_ a ib succeison w au~9% ,hall opuate ro releau, d:scharge, modify chan~e or ~ffect the wiginat tiab~tity oi tAe IWOkTGAGOR herein, either in whole or in put. ~ ~ 10. It is specifically agreed that time is of the e~ssence of thFs conrract and rhat no waiver of any obl;gsrron hereunder or of the obligation se- cured haeby sha1l st any time thereafter -be held ro be a waiver ot the terms hereof a Of the instrumeM secured horpy. 11_ tn addAion to the fwego:rg monthly payments of prin~ pal and interest required by the p?om:ssory npee secured hereby, mortgag~ covenants and agreea to pay to moregagee with each monthiy payment an add~r.~ona? wm esrimared by rtwrtgayee to be equal ?0 1; 12 of the annual. cost of the folbw- 'ng: A-AU real property taxes kvied a assessed against the above described real estate. B-Prem~ums on fire and windstwm inwrance as hereia requ'aed to be urried on the ~mprovemeats sitwte'on the above dasuibed premisea. C-Premiums on such mortgage gwranry insurance as mortgagee ~hsll frpn t~me to time deem fit to ca:ry on tiee ban secwed hereby, ~ 1Nortgagee shai{ fram time to time noti{y mortgagor i~ writing of the amount due aod wYable hern?nder and such surn sha~! thereupon be d~e and payable on tF~e due date oi the next rtwnthly payment and each succeuive ~oonfh thereafter wtil mortgsgee sMall notify m_ortgagu of a charx~e in wch a~nount. Such sums si:all be applied by mortgagee roward the payment of real property ta~es. insurance prem:ums, a'x) mortgsge 9wranty imwance premiums. . ~ IN WITNESS WHEREOf, the said MORIGAGOR hu hereuroo stt his hand and seal the day and yeu fint afaesaid. 9ned. Se an vered in the pescnc~ of: FIIED ANO R pEo 3T. LiICtE COUIiTY fL~ ~ - ROCER AOITAAS ~,q ' RECORD YER FjEp CO~~ " 0 SiATf OF FtORIQA . ~~~0~ : 19 3 i~PM'll COUNiY OF Ly~~ ~ ' Befwe me perwnally appeued JBI'1'Y a~/8T18 - ~ ~ - eilII g• ~i Ia~ his wiFe, ro me welt knowrr? and known fo me to b~ ~ ?he ~ndrvrdwb described in and who executed the fwayana ir?strurnent, and ~clcrwM,tedged befo~e me that they exea,ted the same fw the purposes ~ rherein ~xpressed. Md the sa~d_ E Eti1 n4 wife of tF~ s+id - .IAl'27 ~?$a$ vpp~ • sepust~ s~d pirv~t~ examiMYWH by me ta4cr? sepante and apa~t fram her said husbsnd, ackrwwieJged ro and befo.e mt that she executed said instrument heely and volun- rarily and w~!hovt a~y compulsion, constroiM. appreher~sp;er`~t ftu of or fmm he~ ssid Iwsbind. WRNESS my hand ~nd offici~l ssal t1+K ~Q ~y o{ A. D. 19~._._ Not+ry ic in and for th~e yState of Fbrida ~t laryt Return To: My e~~0 /,VU''. /9 7~ fint Feckral Savings 3 Loan Aiwciation Of fat P~erce. ~~stis:~:ti~~;~~, ~3/y ~',y~:d. S~ O~ ~Gt~ dt ~ FOrt Pierce. Flo~ida ' . . _ . . . :l 1~? Cc;r•.~:i~n f~cp;res ~,q. b, l97! . - , , : ~ ` . v'- . i % lc.ati: tt A~ss: t~s i CEr.~n Cqa .~7 ' ~ . ~ J • ~ f7 ~ ~ This tnstrument Prepared By Nr1. $YSyn ~ " ~ First Federal Savings 3 loan Association ;y p J _ of fo~t Pierce ~ Flor % ~ , ; ( ~ • 'r` i • i i~~ ..•;;~C~., Checked By ~ , C ~ iWL ~Q . ~1 i~ W ~ - ~ . z~ ~ ~ ~ ~ ` ~ ~ _ .F ~ ~ , ~~~,:~~~x~