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HomeMy WebLinkAbout1760 i ~ ! . f ~ ' ` ' • • ~ To pl~ Md continu0vsl~ lMp on tl» bvi:d~f now a M~~atIN w~wN on ~~~d la~d and on a!~ equip~neM and perw~~lly cov~.ed bY ~h~~ ena~ p~, w~+h ~1) pr~rtuumt the~ton pad u~ luli, Ine i~w~~~ct M tM uw~t ~u~+dad po~Kr lam. w~ •~~m ~yp.o~ed b~ d+e MORiGAGEE. ~nd w~~~am im~x~nc~ in t!» uswl wnda.d pol.cy fa~n. in a wm •ppot.d b~ ~M 1NORTGAGEE, in wcA companr w compan~~s as ~M MORiGAGEE wuy dinur w~d ~11 li.~ a+d w~nd~ar~* Maw~ Po~K~es a+ ~ny o( t~d bviid~~1, My 1~11~~fN tMHfM 01 p~~t thereof. in ?M ~yq•r9~+~ wm ~foresaid w in ~ac~s~ yhK~of. ~MII cont~in ~M uwal ~~~ndard mw~y+p~+ dw~t a zuh aM+ C~~uN N iM MO~t9WN m~y r~qv~.~. m~Gnp ~?w 10» under s.~d pdi~ ciN. NcA ~nd ~w.y. WYabh ro~~~d MORTGAGfE ~s ~n in~~reN m+y +ppoa~. a~d eacA a.~d ws~y ~uch poi~cy ~ha11 b~ prompe+~ ~~sy~sd •~~d de~+ve~ed ~o •n~ MW by •.~d ~1AORtGI?GEE fur~ha ~ec~rity ~o s~id :na~y+~ d~bt. ~nd. nw I~u ihan ~an 1101 d~~s in ad.~~K~ ol ~M ~xp~r~~~o~ 01 e~ch po~~cy. to d~- Gw. ro~aid MOR1W?GEE ~ r~xwal thawf. topa~hK witA a r~c~ip~ fa ~M p.~.ncwn of ~uch ren~wai; and there ~hall t» no fue or w~„d~+o~~n i.+~w~nc~ pl~c~d on ~ny of aid bviidinpa. My IM!/ffl IhM~~n a part ~hereol, unl~s~ in ~M (orm and wdh tM lou pa~•b:~ u afa~s~id: and in ~he •ve~t any aum o` mon~y becornN p~~abk w+da suct~ policy a polKiN ~+id MORiGAGEE sMll h~w ~M opnon ~o ~ece~va ard ~pply ~hs sarra on accoun~ ot ihe indab~ed- ness ~scur~d Iw~by a a pkmit sud 1NORTGAGORS to r~c~iw and us~ it a~ny pa~~ ~hereol iw a~ncr pu.yose~. w~Uw~t ~h,~~u~ •«a~.~,3 c. ~~~~po~~- ioq aey pu~ty, li~n a riph~ und~+ a by virsw of this morspayr, ~nd in tM ~wnt ~a~d NIORIGAGORS tMlf (a aoy reawn iail ro keep ths fait) promise~ so i~sured, q f~il b d~livK p~omptly ~ny ot said polic~e~ of iru~r~nc~ 1o said MORTGAGEE, a fad promptly ~o pay futty any pre~n~um thcrcta or in ~~y rqNett lail 1O pafpM, diuMr9~, ~x~cut~, e(~ect, comp~~lt, comply wi~h ~nd abid~ by this coverunl, or ~ny p~rl Aar~ol, sa~d MOFTGAGEE may p~~cs a~+d par ta such imwanc~ or a+y part ~lwreof without waivinp a~H~ctinp ~ny op~~o~, lien, pui~y. w.~ghr v~de. w by vi~tw of ~his Ma~ppe. ~~d +F?e 1u11 anaunt of Nth ~nd ~wry ~uch payment sh~ll b~ im~mdiately dw and payaW~ ~nd shall bsar interefl trom tl» da~~ ~hereof v~ul pad ~t ths ral~ ol ~ nint pe~ centum pN ~nnum ~nd toye~he. wi~h such inr~resr shal? bs ~ecured by tM lien o) 1hi~ mwtyaye. ~ To pKmit, commif w wf(K ~o w~sa, impairmeM w deraiw~tion oi said p?opaty w u+y p+~t thcraof. ~ S. To p~y atl ~nd urpulu tM cosb, cha~pes and exptnsea, includinp •~eawnabk aftwney i fcc and cosrs of abs~roctt ~f tirle, incv.red or paid at sny ~ime by said HWRTGAGEE, b~caus~ a~n tiw evant of tfN failure on ~1+~ pa?t of ~FK said MORTGAGOR ~o duly, prompt~Y and fu~~Y perlwm, d~uha~ge. exccut+. efftc~, campkre. compty w~~h and ab:de by ~ach ~nd every the stipvlaiwns. +9reemenn. conditions. and covensn~s o( ~sid p~om~?wry cwte and ~h~~ ; mortyape any w eifher. and fa~d cwts, chuy~s and ~xpsnses. each ~nd ~va~y, shall be immediately dve end paysble: whe~Aer o? ~ot ~he~e be noi~ce da ! m~nd, atlempt to colkct p wit p~nd~np; and tM full amovnt of each and ewry such paymero sFwll bea~ inte:es~ f~om ~h~ date thereof until paid H the j rafe ol nine per CMfum pH ~~Ym; and all said cost~. char~ and expenus incuned or paid. toge~har w~th ~uch in~erest, shall bv secured by ihe I,en of th~~ nwrtyaQe. b, TMt (a) in the event of any brexh of this Mort9ape or default on the part oi the MORiGAGOR, a(b) in tfie eve~t any of sa~d sums of money her~i~ r~fe?red to be not p~ompNy and futly p~id wifhin thuty (30) days next afrer the sam~ severafly become due and payabt~, without dsmand or notKe, or in ths evenl e~ch and wery Ih~ stipulalion~, agreert?eots. condi~ans and covenants o1 sa;o promissory no~e and Th;s morlgage any or eiiher are not ~ iuly. promptly and f~lly perfwmad. d~xhar9ed. ~xecuted. eifMed, compl~ted. complicd with and ab~ded `ay. the~ in e~ther a•ny' ~uch evem ~he sa~d ag grc9ate sum mtntioned in said promiswry note then ramaininp unpaid. with intereit ucrued, and afi moneys xcured ixreby. shall become due and pay~ ~ able fathwitl~, or thereafler, at tha option of sa~d MORiGAGEE, as tully ard completely as il aN oi the sa~d sums of money were ap~naNy s~~putated to be pa~d on such day, anythiny in ss:d promissory note or in this Morlyaye to the con?rary notwithstand~ng; and thereupw+ a theroafter at the opuon of said MORTGAGEE, wi~hout notKe o~ dema~d, suit ~t law w in eqviry, the~~fore a thereafter begun, may tx prosecuted as if all money ucured Ae.cby nad maturcd pr~a to its institution. 7. Thet in the tve~f tMt at the begi~n~ng of or at any tim~ pend~nq ~ny wit upon this Mortgsge, a to foreclose it, w to reform i~, a ro enfwu paymenl of any claims hereu~de~, ~aid N10RTGAGEE shall appfy to the Court Mving 'ryrisd~d~on thereof fw the appo~ntme~t of • Rrceiver, such Cour~ shall Forthwith appoint ~ receivt~ of said mortgagad p~OQerly all and sinflvlar, includ~ng aU and s~ngu~a~ the income, prof~b, ias:~es and revenues from whatever sovrce derived, each and every of whKl~, it beiny expressly vndrrs~ood. ia Aereby mortgaged as if spec~fically xt forth and dexr~bed in the gr+nring and habendum clauses hereot, ~nd such Reteiver shall hav~ all the bro+d +nd effettive funt~.ons a~d powers in anyw~se entr~sted by • Cou~l to a Receiver, and fuch sppoimment shall be made by such Court ai m admitted equity and a mane~ o~ absolute right to said MORTGAGEE, a~d without reference ro the edequxy or inadeq~acy of the value of the properry mo~tgaged ot to the wtre~cy o~ msolvency ol said MORiGAGOR a the deiendants, and that such re~rs, profits, incame. issves a~d revenues shall be applied by fUCF1 RKOivN accwd~ny to the lien or puity of said MORTGAGEE and ~he practice of such CouA. 8. To duly, promptly snd fuily perform, d'+uhar~, execute, effM, complete, tomp~y w~th and abide by each and every the stipulatwns, agrae~reents, condit'ans ~nd covenants in sa~d p~omissory not~ and this mortysge set fwth. ~ ~ A Th~t i~ ?he event the ownenhip of the mwtgayed premises, w any part thcreof, becomes veated in • person other than tFie MORTGAGOR, tM MORTGAGEf, its successors snd aui9ns, rt?sy, wifhout notice to the MORTGAOR, deal with such succeua w t~ccessor in interest wifh refcrence to th~s mor~9age and the debt hereby secured in the ume maru+er as w~th Nbrrgagor w~thout in ~ny way vit~~tirp or d~xharg~ng the Moregagori liabiiity FKrr under or upon the debt hereby secwed. No sale of the premises hercby mortgaged ~nd rto forbearance on the parf of the MORiGAGEE a its successon or ~u~9~i and no exrens~on of t1~e time for ~he paymenf of the debt hereby sccurcd g~ven by the MORTGAGEf or its svcc~ssws a ass~gns, ,hall opera~e to release, d~scharge, rnodify thange w affect 1F?e original liability of the MORTGAGOR herein, eithet in whole m in p~rt. _ 10. It is spec~fically agreed tMt tims is of the esxnce of this ca+tract and tMt no waives of any obl~garion hereundcr a a( the obligatiw? ar tured he~eby shali at a~y time thereafter be held to be a waivet o( ~he terms hereof ot of the instrumertt secured lurby. I1. In edd,~~o~ to Ihe faego:ng momhty payments of princ'pal and ~merest required by the prom~ssory nore secured hereby, mo~tya~or covenanfs and agrees to pay to mortgsgee with each monthly payment an add~rional sam est~mated by matgu~ee ro be equat to 1; 12 of the annual cost of the iollow- . i~: i A-All real property taaes kvied w assessed against the abore described real estate. ~ B-Premiums on fire and windstam insurance as herei~ requ:red ro be urried on the imptovements situate on the above described premises. ~ C-Prem~ums on such mwtgage gwronty insurance as mwtgagee shall irom t~me to time deem fil to carry on the loa~ sewred hereFsy. j Mortyugee sha~~ frcm t~me to time notify matgagor in writirg oi the amount due and payable he~eundar ~nd such w:n shal! there~cpw~ be due and j ~ayable on the due date af ~he ne,~t mo~thly payment and each ~successive month therealrer urtil mortqagee shall not~fy mortgagos of a change in such ~ amount_ Such sums sha!i be app~ied by mwtyayee toward the p+y~+eM of real property taxes, insurance prem.ums, ~nd mortyape yuar+nty insurance t ~~emivms. _ ~ IK Y~li ESS WHEREOF, the said TGAGQR has hereumo t~t his ha~d ~nd seal the day and yea~ ~rft aforesaid. ~ Sg Ied a d~liver in presenc~ of: - , ) • / ~ FILEO ANG RECOR~EO ~~J ~n ST. tUCIE COUMTI lA. - ROCER POITItAS . - - CLERK CIRCU{T COUIIT ~ ' ~ ' ' RECORO YERIFIEO - = - `'-~s~.e?~ ? • .d • ~ ~ _ _ ~ ~ TATE OF FLORIDA !19~ 318 PM'TI = r`' C~ '~5=; { ~ couNrr oF St. I~cie i ,~,C ~j0~ " r • ~ ~ ` ~ eera. P...«~.u,, ~~..Qa Jack i,Tainxright s ~ . Loia M. Wairn?rieht h;, ,~r~. ~o ~ w~~ ~;,r„ :~~~~b• +ges rhe individu~ls desuibed in Md wFw exxuted tFw fwe~oirg instrumM~, and ack:ww~edged b~tor~ me tMt lhey ~xecuMd tff~,san~er~ f{Ciitht:pu~pb~es Lois M. ~1aim~rip,ht therein ~xp~ested. Md tM said wiFe of ths s~id Ja~k Uiainxri¢ht ~ vpon s s~par~t~ ~nd pirvat~ _ . e~amination by me t~ken scpar~te and ~part from he? said husba~ ~cknowledped to ~nd beiore me tMt ~he ~xetvled s~id i~auumtnl freety and valun- rarJy snd without any computsan, tonstr~inl. ~pp~ehension, of w lrom Mr said husband. ~ WITNESS my h+nd ~nd offecid wal this.._ ` day o~ A. D. 19~ ~ 3 ~i ~ Nots ic in f the Stat~ oE Plorida at l~rp~ ~ ARy mission ~xpires: ' Retum Ta F~rst feda+l Ss~inps a~o+n Assocut~o~ . kt1Ta6Y P~~~i~• STATE Of fLONirA A1 ! h1Y COb1h11~alON EXP1ttL~ p~~stsch~t's~ Of Eort P~etCe. ~pNOED iMROUtiM F.RE~ ~ Fort Pierte, flwida ~ ' ,~~~-~I~~ 1 ~ ~ ~ This Instrument Prepared By RiChBrd K. ~Ceyes ~ First Federal Savings b loan Association of Fort Pierces ~~d8 ~ ' Check ~ ~ t ~ ls ,4~.- ~ - ` ~ r~~ ~ ~ . _ ~ _ _ ~ . _