HomeMy WebLinkAbout2258 To pl~c~ •nd cominuo~~ly t~tp on tl» bui'du~~ row a MnahN W~wN a+ ~a~d i~nd ~nd on ~It cquip~~ent •~cI pM~Wn~tly covNed bY ~h~~ mo~~p.
q~. w~~h ~H p~m~vm~ tl?Nwn pa~d ~n }uil. f~re in~w~nce ~n +h~ vswi ~~andard potKy io~m, in ~ ti~m ap~o.ed br ~~+e M01t~liA4FI. •~,d w.r.d>>o.~n
~wM+c~ in eM ww! te~nd~rd pol.ty lam, in • wm ~pov~d by ~M MORiGAGEE. in Wch ca.~~y w crnn~vn~e~ at ~M ASORTC,AGEE may
dwetlj w~d dl fue ~r+d w~~dfro.~n in~wMp policNa on ol s~~d buiki.nqs, ~ny in~~r~i~ ~hNe~~ w pa~ eher~of, i~ ?M ~py~epa~e w~n •fo~~sa~d a
M~ac~a~ Ihe.~o/, ahalt com~in tM u+wl s~andKd ma~9apN clws~ p ftKM OfAf! CI1uN H t1+~ Mw~p~ rrNy rpv.r~, m~?~np ~?x :o~s ~+d~. ~•~d poi?
c'~• ~rNY. WYab1~ W Nid N1pltTGAGEE p~IS in~ert~t maY ~pp~w. ~nd each a~+d we~~ •„ch p~:~cy ~MU b. p~o~.~N~+y a» p~~rd a,d deilVOftd ~o
~ny h*W by s~id MpRIGAGEE at ~wthe~ feturity 1o said matpp~ debt, ~nd, no~ tea ~Mn ~rn 1I01 d~y in ad~a~Ke of iM e,p~r~e~oe? of exh aa~Ky, ro de~
IivN t0 Nid J?{QRTGAGEE a r~newil eMrMl, top~IFNr wirh ~ teteipl fOr the p~eniwn oi futA reoewal; ~~•d th~re ~hall ~ rq f,?• o, wn.d»o~m i~t~~~nce
pl~c~d on any of uid build~np~. ~fly If11N~~t tFisr~in a part tlKr~of, ~nle» in ~h~ fwm ~~d w~~A ~M loss payabN ai a}weza~d: a~d in ~hr e~~n~ •ny ~um
of m~y ~amN payaLt~ w~d~r such policy or pol~cii~t t~~d MORTGAGEF ~MII Mv~ ~M op~~on ~o recrive and +ppty tM same on acco~,~~ of ~he ~~K1eb~~d-
ness iecw~d Iw~~by o~ b permil faid WIpRiGAGORS 10 ?Ktiv~ and uN it p aoy pa.: thejeol fa osn~•r pu~FO~ei. .~~~1w.,t +~r. ur ws~., or ~„~p.,,~-
inp any equity, IiM or ~iph~ w~d~r o~ by vinw of thii mortpa~~ H1d ~11 tM ~VMt N~d MORTGAGORS shaSl fw sny reason ta~l to keep ~hs u+d p.em;srs w
i~sur~. p f~i) b d~liv~r prpnpllY ~ny of said pOlitias ol insur~nc~ b t~id MORTGAGEE. W lail prompUy lo pay fuily •~y p~an,~m thcrela a in anY
r~sp~tt fail b pKfam, dixhar9e, •xetut~. ~tfed. comptN~. comply witfi and abid~ by this tovenan~, a any pa~~ h~reo/, ~aid MURtGAGEE may pi~c~ and
WY (a s~ch &av~ar?c~ w soy part thKeof witha?f watvir~p a affecfinp any option, lien. equ~ry, a righ~ under or by vi~fu~ ol ~his H1a~9a9e. and ~he
iutl amo~et ol e~ch M,d ewry such paymem shall b~ imm~diat~ly dw and p~yabls ~nd shall bss. interes~ frwn tM da~s ~hereof un~il pa~d a ~M rat~ of
nine pa cenrum pN annum and toflelher with suth inte.est shali be secured by tM lien of this mortgage.
1. io p~rmit, commN w suff~r no wasts, imp~irmenf p deterio.aYan of ia~d p~opeity p ar?y pa?t thereaf.
S. To pay ~1) ~nd sinpvlx fM tqtt, ch+rpes and t:p~nses, includinp a r~a~onable attorney i fee and costs of ab~+raas o1 ti?te, incu~red o~ paid a~
any lime by said MpRTGAGEE, because a ie the we~t of lIM fallL(O 011 tI1! ~1df1 Ot th~ said MORTGAGOR to du1y, p~anptly a~d (u~ly perfwm, d~scha~y~.
eaetuts, e((M, complet~, comply w~th and ab:de by sach and every the stiputarwns, sgreements, condirwru, and tove~wnta o1 said prp~nisso?y nore and ~h~s
~~y+~ ~~Y « e~~he~, and t+~d costs, tharges and eapensef, each and every, sMll be immed~atety due and payable; whe~hr. or not there be nonce d~
m+nd. +ttemW 1o colkct w tuit pe~d~ng; aod tM full amo~nt of each and rrcry svch paymem ~halt bea. imerest trom the date thereof vntil paid at ths
rate of n;ne pe~ ceritum per ~n,wm; end all ~aid w?~s, charges and expenses ~ncurred w paid, toge~her w~th such i~ierest, ihall be secured by the I~en o1 th~~
'^ort~~p~.
6. TMI (a) in the ~vsnt of ~ny bexh of this Mortyaqe w dafault on the part ot the MORTGAGOR, w(b) ~he event a~y of sa:d sums of money
herein referred to be nof p~omptly and iully paid wirhin th~rty (30) dsys nea~~ afrer the same uverally beconie due and payabla, wi~houf demand or notke,
o~ (d in the event each ~nd ~v~?y the itiputatiwu, sgreements, conditioni and cove~anb of sa.d promissa~y note and ~h~s mo~tQage any w~e~ther are not
iuly, promptly snd fully pNfocm~d, d~uharged, executed, ettected. completed, complied w;th and abided Sy, then in r+the! o~ any ~vch event ths sa~d ~g
greg~te fum mentaned in iaid promissory nete then remaininp unpa~d, with inserest accrued, and all moneys ucured hereby, shall become d~e and pay-
able fwthwrith, or thereafter, at the option of iaid MORTGAGEE, as fully and comple~e~y as if all of the w;d sums of money were d~ginalty inpulated
ro De pe~d on such day, anythinq in said prom;ssory note w in this MortQage to the contrsry notwithslanding; and therevpon or thereafter at the opt~on of
said MORTGAGEE, w~thout notica a demand, suit at law a in equity, therefwe or thcreafter begun, may be prosecuted as if ~li moneys sewiad hereb~r
had matured pnor to ~ts insfitutia?.
7. ihat in ths evrrst that at the beginning of or st any time pending any wit vpon this Mortgage, a to faeclose it, w to ref«m i1, or to enfo.ce
paymer?t ol any ciaims hereunder, said MORTGAGEE shell apply to the Cwn having jurisdiaion tFv~reof ior the appo;ntmcnt of a Rece~rer, such Gourt shall
fwthwith appoint s receiver of said mostyaged properly eIl snd sing~Iar, includ~ng all and singular rhe incon,e, prof~ts, issues and re~enues f.om whateve?
sourte derived, each and evcry of which, it be;ny expressly undcrstood, is f+e~eby mwrgaged as i4 spec~fically x1 fath and deuribed in the granfing and
habe~dum tia~ses I~reol, and such Receiver shall have sll Ihe boad and effKtive funct~ons and powers in anyw~se entrusted by a Courl to a Receiver, and
•uch sppoFnrment shall be made by svth Court as an adm;fted eq~ity and e matter of absoiute right to said MORTGAGEE, and wiihout re(erence to the
adequacy or inadequacy of the value of the prapery mwlg~ged or to the solvency a insolvency of sa~d MORiGAGOR or the detendants, and that such
~en~s, profib, income, i»ues u~d revenues shalt be appf+ed by such Receiver according to the lien o~ equity o! said MORTGAGEE and 1hr piau~ce oi wch
Court.
8. To duly, promptly snd fully pe~fo~m, dixharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements,
conditans a~d covmann in sa~d promissory note and this mortyage set forth.
9. That in tAe eve~t the ownership of the mortgaged prtmises, or any part thereof, becames vested in a person othe~ than the MOR7GAGOA, the
MORTGAGEE, its sutcesson and auigrts, may, without ~otice to the MORTGAOR, deal with such succeuw w successor in inte~est with reference lo this
mortgage and the debt.hereby secu~ed in the sune manner as with Mortgsgw w~thout in a~y way vit~a~ing w d~uharging the Mortyagora' liabitity herr
undev o. upon ~he debr hereby secured. No sale of ~ha premiua hereby mwtgaged and no forbearance on the par~ of the MORTGAGEE w its succei:ors
or assigns and no ex~cnsion of the time io~ the paymcnt of the debt hereby secured given by ~he MORTGAGEE or its successws a au~gns, ahatl operate
to release, d~xharye, modify change or affecr fhe wiginal liabiliry of the MORiGAGOR ixrein, eithe? in whole or in part.
10_ H is spec~fically agreed ti~at time is of the esxnce of thia contrscr snd that no w~ive? o( any obligat~o~ hereunder or of 1he obligation se-
cured hereby ahall at any time thercafter be he{d to be a wsiver of the terms hereof w of the instrumeM secured herb/,
11. in add~tion to the forego:ng monthly payments of p?inc'pal and interesl required 6y the prom;ssory note secured hereby, moregagor covenants
and agrees to pay fo morfgagee vc;rh each moorhly payrnent an add~iional sum est;mated by mar?gagee to be equal to 1/ 12 of tbe annual cost o~ the foltow-
mg:
A-AII real property taxes kvied w auessed agai~st the above described real estate.
B-Premi~ms on fire and vvindstorm inwrance as here~n requ~red to be carried on the improvements situate on the above destribed premises_
C-Prtmiums on such mortgage guaranty irtsu~ance as mottgagec sha11 from t;me to time deem fit t6 tarry on the loan setured h¢reby.
Mwtgagee shal! from tirr~ to time norify mortgagor in writing of the amount due a~d payabl~ hereunder and such sum shall thereupon due and
payable on the due date of the next monthly payment and each successive month thereafter ur,til mortgagee shall notify r.wrtgagor of a c e in such
amou~l_ $~ch sums shai~ be applied by mp~gagee towa~d the paymenf of reat propcrty taxes, insurance prem:ums, and mortgage guar ty i~surance
premiumf.
IN WiT~~f55 WHEREOF, the sa' MORTGAGOR has Fxrevmo set his hand and seal the day and year firll aforesa" ~ •
n. Sea a i in the presence of: a
.
. (Sea~
n
~ ..r SaeD
. , r
ATE Of FLORlDA ~ •-:e
. _ q.. ~
courvrr oF - _ St. Lucie # ss' : a, ~ ~ ~ _
' ; "G : : :
defwe me penooally spp~ared - E(~iif Il F. KC~O>? OLQ~_ z s:- • J•,
~U~ S• ~CO~1dUQh his wife, ta me well k~OMiO fi~d~ ~ , '
the indiv~dw~s desu~bed in and who ~zecuted the fa ~ri~ ~
a_e~oi^D instrumenr. .nd +cknowtedged before me that they eaetuted fbtr.sae»~'ICr• t1~ ~p~sq
ff1lflNl lkPlMfl~. Alld fF1t tiid l1LLUY _rAl l M Oh . ~!~~i~
0 "~~1'~'y •
w~(e of the iatd F. Kcco~ 7 ot,~n „pon ,,~p.,.te'«~d :p~iv.t.
e~am~nation by me ta4en sepsrate ~nd apart from F~er seid husband, adcrqw~edged ro~nd befwe me that she executed said inatrur?~t ire~y ~and volu?r
rarily and wtthout ~~y computsion, constraint, apprehension•~~eu of or from he~ said huiba~d.
WITNESS my Mr~d ~nd official seal thii_ day of '1~ A. D. 19~
~-a- t~v
Nou ublic in ~nd for fhe Siate of Fbrida ~t lu~e
Return To: _ My Commiuio~ expires:
Fint federal Savings i loan Association
Of Port P~erce. NOiARY P~~L1C, $3AtE QF FLO;~::'iA A~ LApOE
i.iY Cvivi:Y~c~~,U,'Y L,tr~;~_~ :i~iV. `l9~ I~lZ
Fort Pierce, Florida Ah~ ~~p~p,ouvN •weo R~~qT[LMO1~~.
ST`lUC1E COUNT'1 F~~•
ItOCER P0ITRAS ~
CIERK CIRGUIT COU 1 ~
This Instrument Prepared 8y J. D. Chastait2 RECOaD YER?f1E~
First Federal Savings b loan Association ~y ' ~
of Fort Pierce~ F10~'ida ~ 22 3(,~ ( n
Chec
eoac189 ~2251 ~
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