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HomeMy WebLinkAbout2542 ~ „ ~ To pbc~ ~nd coM~nvowly te~p on rM bv'.',d~np~ rww a Mr~~f~M W~wq o~ u~d ~~nd ~~d a+ equ~p•,.e~~ ~~d ~x•w~atly co.wed b~ ~h~~ e~p+p~ p~. wnl~ di prem~vmf Iher~on p~~d ~n I~H, lu~ in~ur~nc~ a? ~h~ u~wl wrolard po~Ky Iwm. M+ •?um ayyro.ad br ~l.e MUR~GAGEt. a•:Q w:•+d~tam ~mwant~ ie tM u~wl ~~~ndard p~al.cy la~n, in ~ wm ~pWov~d by ~Iw M~ORiGAGEE. ~n ~uch coR,p+~r .a c«*~pan,e~ ~M MORiGAGtE ~*a~ dw~t~i ~nd ~1) lir~ and w~ndslwm iMwwK~ PaiuH on ~ny o) ~~~d build~np~. ~ny inter~~~ IM~t~n w parl thc~eol, in 1l+e ~~p~eya~t ~vm ~fW~~~id O~ a, ~atea~ ~Mrwi. Mall con~ain ~M u~wl ~~~+dWd ma~9pN claus~ w~uch otFw~ clavf~ a~ tM Ma~ppe~ ~n+y ~eqv m~?~np io~~ w~der ~•~d poli~ c~s. ~~ch ~nd ~ve~y. Wwbw w N+d MORTGAGEE u~n m~KSN ma~ ~pp~w. ~nd ~ach M.d ~ver~ ~~rch po~~cy ~hall be wor*~P~~y ~~+9~•rd •~•d dearertd ro ~ny MW by said 1NORIGAGEE Iwtlw~ ~~curit~r ~o Nid mw~9+g~ deb~, and. na aa rMn an Ii01 d•w in adw~~c~ ol ~A~ e~p~.~twn of cach polK~. ro dr I~vN 1o uid MORTGAGEE + r~Mwal the?~oF, IopNIN~ wilh • rKe~pt fw IM p~~~wn ot suth ~er~wal; ~nd tlxr• s1~a11 b~ no f,re or w~~K.itio•~n insu~+~c~ plKfd 01~ My O~ NMI ~/iWin~f, ~Ay intll~~~ thH~M a p+~t tM.~of. unles~ i~ ~M fo~m ~nd w~~h ihe 1oa p+wW~ as •ta~uidr and in Ih~ •wnl aaY fu~n . ol mw~y becan~~ parabl~ unde? iucA polky a polKia s~~d N10RtGAGEE shall haw 11?~ oplwn lo rKeive •~,d ~pplr ~I» s~~~e on ac~ou„~ ol ~he ~~~b+rd- ; n~ss sscw~d M~eby a ro permil sa~d MORTGAGORS to reuiw ~nd ut~ it w anY Parl the~eol lo~ orncr pw~•ofri. ~v~~h~.,f il„~. wa~~~ ,3 0~ ~~~:po~~- . ~~q ~ny pv+~y. li~n a rpht w~ds. a by vi!tw ot ~his moc:yap~: N+d in tM ~vw~t uKl MORiGAGORS ih+ll fa +ny reason fail ro kesp ihe sa~d prem~ses w ~ fnsured. o~ fall b d~liver promptly any o( saW po~Ki~s o( insurant~ to s~id MORiGAGEf. o~ fad promptly to pay tulty any p~e~.u~m therelar w in a~y nspect t•it ro p..1«~n, d~xh..~, •aecut~, ~11K1, compleq, comply wiih ~++d ~bid~ by tha cove~ant, o~ ~ny parf hereof, aa~d MORTGAGEE m~y p~~ce •~~d p~Y fa such Inswanc~ w a~y p+?1 IMreof wi~Aout waivinp or ~1(xrinp My option. ti~n. equ~~y, w.~ghf undr w by vinw ol ~hi~ Ma~9~Qe. ~nd ~l+c full ~moun~ oi ~ach ~rd ~wry ~ucA payment shall b~ immedi~t~ly dw and p~yabl~ and sAall be~~ interes~ Irom ~M daa thereol umil pa~d ~t tM ~a~~ ol n~ne p~? c~ntum pN ~nnum +nd toqe~her with such inter~~t shall be securcd by tM lie~ oi thi~ mort9~ge. 1o pKmit, commit a iuffer no wast~. imp~irmeM a deterior~tio~ of sa~d prope.ty or ~ny pen the~eof. ~ 5. To p~y all and sinpv~ar tl+~ cw1s, cMrpes ~nd ezpauea, includh+p + rcasonable ~ttaney'i fee and cos~s ol abstrects of t~tle, incuned w pa~d at 3 any time by said MORTGAGfE, becauss w in the ~w~t of tM lailure on tht part o( 1M ~a~d MORTGAGOR to duty, p~omptly and fully perlorm, d~uharge. e¦ecute, ~fied, compl~te, comp~y w~th and ab:d~ by ~~ch and eve~y the atipvlauons, +g~ee~~ents, co~d~~~ons, and cove~~a„ts of ~aid prom~swry rwte and ~his a,cvt9ape snr w ei~her. and said costs, cMr9ef and txpsnse~. esch and every, shall be immedialely due and payable: whcrher a not ~he~e bs nonce da i mand, attempl to tolleq p tuit pend~ny; and tM full ~mount of each end tverY such payment shatl bear inreres~ from ~he date rhereot until pa~d the rate o~ nine per centum per ~nnum; and all said cosq, cMrges and e:penses inturred or paid, together wdh such in~erest, shali be srcured by the I~en of th~a '^wtQa~• b, That in ~he ~vtnt of any brsxh of this Mortga9e a default on the pan of the MORTGAGOR, w(b) ~o the event aoy oi sa~d sums oi money he~cin referred to b~ not prompNy and fully paid within thiity (30) days ~eat after the same severalty bccon+e due and payabls, with~u~ demi~d w no~ice, or tc) in the event each ~nd tve?y the stipulations, ~greements. condition~ snd covenaots ot sa;d promiswry no~e arxl th~s mortqa9e any o~ ci~hcr are no1 i~ly, promptly and fully perfamed, diuharped, exccWed, effected, compieted, complied with and ab~ded `sy, then in e~the~ o~ any such event ~he sa~d aQ g~egaN sum meMioned in said promiuay ~ote then remaininp unpa~d. with imerest accrued, and all meneys setu~ed hcreby, thall become dus and pay- able forthwith, or fh~rN~fN, at the option o1 said MORTGAGEE, as fully and comp:etely as if ell oi the said sums of money were a~ginatly s~~pu+ated to be paid on such day, anythirg in said promissory note w in this Nbrty~ge to the contrary notwithstanding; and thereupon or thereafter a~ the opnon af said MORTGAGEE, without fl0titf O? demand, suit at law or in equity, therefore o~ thereafrcr begu~, may be prosecuted as if all moneys ~ecured hereby • nad nutured pnor to its institution. t 7. That in the event that at tM beginning of a at any time pending aoY suit upon thia Mortgsge, a to 1o?ectose it, a to re(arm It, or 1o enfwce ~ paymenl of any claims he~eunder, said MORTGAGEE sM~l appty to the Cov~ having ju~isd~c~ion thereof iw the appototment of a Receiver, such Cour~ shalt j Forlhwith appoint a receiver of said mwtyaged property all and sirgular, includ~ng all and singular the income, profits, issues and revenues from whatever source derived, each and every of whKh, it beinp expresaly understood, is F+ereby mortgaged as if speufically set fath and dexribed in the graming and habendum clauses hereof, ~nd such Receiva shall have all the broad and effective funct~ons and pov~rcrs in anywise entrusted by a Court to a ReceiYer, ar~d ~ wch sppointment shal! be made by such tourt ai ~n ~dmitted eqvitr aod a matter of absolute ~ight ro said NSORTGAGEE, and without reference to the ~ ad u a ina uac ol the wtue of the t mwt ~ w to the sotvenc a insolvenc oE said MORiGAGOR a the defendants, and ~hat such ~ ~q ~Y ~Q Y W~~ Y 9 9~ Y Y- renrs, profits, income, iuues and tevenues shall be applied by such Receiver accordinp ~o the lien or puity of said MORTGAGEE and the practice of such Court. 8_ To duty, promptly snd fully perfwm, diuharge, execute, e((ect, mmpkte, comply yv~~h ~nd ibide by each and every the sl~pulat~ons, agree~rRnts, conditions a~d covenams in sacd promissory note and this mortgage set fath. 9. That in the event the owncrshep of tM mortgaged premises, a any part thereof, becomes vested in a pe~wn otF~ than the MORTGAGOR, the J~'.ORTGAGEE, irs successors s~d aulgns, may, without notice to the MORTGAOR, deal with such s~ccessor or successor in intPrest with reference to ti~ia n,ortgage and the debt hereby stcured in the ssme manner as with Nb~tgagor wifhout in any way vitiating w d~scharging tF~e Matgagors' ~iab+lity here- ~nder w upon the debt hereby secur~d. No sale of the premixs hereby mo~tgaged and no fabearance on Ihe part of ~he MORTGAGEE a ita successors . o~ ass~g~+s arx! no exrens~on of the time fw the payment of the debt hereby secured given by the MORTGAGE~ or its successors or ass~gns, shall operate ~a rekax, d~uharge, modify change or affett the wiginal liab~iity of the 1NORTGAGOR herein, eithcr i~ whole a in part. 10. It is spec~fically agreed that time is of the essence of this contract and that no waiver oi any ob~igaf~on hereunder o~ of the obligation st c~red hereby sM~l at any time thercafter be held to be a waiver of the ferms heteof w of tlx instrument setured herby. I1. In add~tio-s to the forego:ng monthly payments of princ'pal and interest required by the promissory no!e secured hereby, mortgegor covenants nnd agrees to pay to mortgagee with each monthly payment an addiriona! sum est~mated by mwtgagee to be equal ro 1,'12 of the annuaf cost of the follow- ~:.g: A-All real property ta:es levied w assessed against the above desuibed real estate. B-Prem~~~ns on fire and windstorm ~nsurance as here+n req~ ~red to be carried on the improveme~ts situate on the above d~scribed premises. C-P~emiums on such mortgage guatanty insurance as mwtflagee shsll from iime to time deem fit to carry on the loan secured hereby. : Mortgagee shall from time to time no!ify mortgagor in writing of the amount due and payable hereunder and such su:n shall thereupon be due snd ~ rayable on the due date of the ~ext monthty paymenl and each s•xcessive month thereafter urtil matgagce shall rtot~fy mortgagw of a charge in such ~ i amo~nt. Such sums s6a11 be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, a~~d mortgage guaranty insurance E premiums• ' i WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand a.~d seal the dey and year fiist sfo~esaid. i ' ~ed, Se nd livcr in the~r of: ~ E F1LE0 AND RECOR~EO . ST. WCIE COUN~Y PLA. ~ / ROCEF ~OITRi~S ,q ~ CIERK CIRCUIT COURT t ~ RECORQ YE~iI~lEO °n r~q ~ STATE OF fLORIOA 2 4a PM' 1' ~ ~ sr. Lucie u- 2C 389.3 ~ 6efore me persor?aUy appeared Jerry F~1~~1td R~~116Z snd ~ ~is~da NadQ~A Fi~Q= his wife, to me weD known snd knowrt io me to be rhe ind~vidwls desvibed i~ u~d who executed the for ~nstrvment, and acknowl~.Q~ before me that they executed tt~e same fw the pvrposes ~ lhcrein expressed. And ihe said ~is~da Nad~a?A Plf~1@t ~ .r~se of the said .T~rry Bdwud RishQr vpa~ e separate and p~ivat~ ~ ~ exami~aYwn by me Uken separate and apsA from her said husband, atk~owledged to snd befwe me that she executed said instrume~t freely and volun- ~ tar~ly and w~tFavt a~y compulsion, constrsiM, appreher~sion, feu of or from her ssid husband. ~ WITNESS my h~nd and official iesl thi dsy of `j u~ l~. p, 1q ?l ~ Public in and for the State of Fforid~ ~t large i ~ ' ' ~ JII~/_ an ~e~xpu~~q- ~ Retwn To: ` ~~NM1N1~~~ N~i.~ATE OF FIGRID~ AT-(AI~ MtSSICN EXPIRES SEPT. 23, 197i ~ first Feder~l Ssvir?gt 3 loan Association : ` ~ 1HR11 fRm ~M. DIESiEl1101liT Of Foit P~erce. ~ ~ t~~ • _ - • ~ : fort Picrce, Florida ~ ~ = ~'Y~.-~. . ` • r , ~ . ~ ` ~~]'7 ~y~ • ~ ~ : ~ ~ ~ ~ ~~i ,C. J = , F- - ~ = • ry^~'/ • f` . ! ~ ..t. r~.~ : ~ ~ ~ ~ This Instrument Prepared By Jotu1 W. Collia~" :`~-?•J± ~'fj'i;~. Fi~st Federal Savings 3 Loan Association .:,'S~ '•.,`''~~~?Q,~.'. - ~ : ~ ~ of Fort Pierce ~ Flosids ~'~,;~r~'•^•''~~' ~ ' ~ - ; ~ ~ Checked By ' ~ „ ~ ('1, ~ ~ - - ~ _ ~ ~-~~`v'~~6_~-~~ . ~ - C ~ s.~x~ ` z~'~-~z;b~°