HomeMy WebLinkAbout2768 To p~~c~ ~ed contirwoufly tNp on ~h~ bui14~ now a!~•dh~ ~nwN on u~d i~nd •~d on eQ~~pm~et •.+d pNSO~•Ily coYe.ed by ~hi• ~nae~
p~. w~Ih dl pr~.c+w~.n ~huwe p~~d i~ full. fK~ ios~~~~?:~ ~n ~h~ wu~l t~ardud po!Ky }orm. in ~ w~++ ap~xo.ed b~ ~h~ N10R~GaGfE. ~~d w~n,iuwm
i~yw~nc~ tn ~M uw~l ~undard po~~cy fa~n, i~ ~~wn ~pp~ov~d by ~M MORTGAGEE. in wch comp~ny w canpan~„ a~ tM MORiGAGEE ~y
d'v~t~i ~nd ~0 (W~ and w~~am ieqwant~ po~K~ on ~ny ol a~~d bu~id~~p~, ~^p ImH~~1 tiwrein o? {»r~ ~Mrwl, i~ ~h~ pq~e9~~~ ~um ~fwesad o~
M~ac~ca tMr~of, shdl con~~in d» ~wal aa~d~~d mor?9NN ciwft w ~uch o~hN d~uN s~ ~M Ma~~~ye~ m~y req~a~. ma4np ~M to?s w•J~+ f•~d po~b
cies. Nch and ~wry. psr+b~. w sa+d NWRtGAGEE ~s As im~.es1 may ~ppea~. ~r+d ~+ch and •vNy t~rch po~~cy shait b~ pranpHy 9,KJ ~~,d d~t~w~ed ~o
~ny Mld by w~d MORIGAGEE ~s (u~~l+e~ secwi~y ~o uid mor~yp~ d~bt. ~nd. no~ teu than t~n t~0) d+rs in ~d~a~+ce ol ~M ••p~r~+~on oi e.ch poi~cy. ~o dr
IivN to s~id MORTGAGEE •~tMw~l tl~~of. to~e~lw~ wi~h ~ rec~ipt 10r IM pr~miwn ol such ren~+ral; a~u1 thae ~hall bt ra i~re or wuKlsto~m ~nfur~nt•
pi~t~d on ~ny of ~aid buildirp~. ~ny intN~st d+K~~n a p+rt tMrwl, unlet~ i~ tM (orm ~nd with Ih~ tosf paYabN at •fort~~id: and i~ the ~ven1 any ~um
of mon~y becp~ws pa~abl~ u~ wch palicy or policws t~id MORTGAGEE shall Mw ~M opt~on ~o rocr~ve and apply the s~me on ~ccoum ol ~he i~~dab~rd-
o.u s.cw.d M..by a a p«m~~ s+d MORTGAGORS ro rKeiw and use it or any pa~1 ~he:aol lo+ otixr pur~:oses. wahout ih•r.o~ wa~~~~~ c~ ~,np.+~r-
inp ~ny pv~ty, IiM or ~phl unda a by virtw o1 thif mor!ypr, a+d ~n ~h+ ~vem atid MOkfGAGORS shall fw any r~awn fai) lo keep ~he ~a~d prem~tr~ so
insured, p fail to delivN prompNy ~m oF said policiss o( in~ur~nc~ to said MORiGAGEE, a fail p~omp?ly 1o pay iully ~ny p~a~u~m therelw o~ +~Y
reipect lail b pafwm, d~uhuy~, ~aecvt~, ~fl~u, complet~, comph with and abid~ by this covenan~, a any par~ hereo(, sawl MORTGAGEE may p~ace and
paY fa such inwr.nc~ o~ ~ny pnt IM.wf without waivinp or ~ff~ctinp ~ny option. Itee. puity, w rgh~ und~+ a by vi~tw of ~h~~ Mor~yaye. ~nd ~F+e
tull amoun~ of ~~ch ~nd ~vNy unh p~yawnl shall M imrn~di~aty dw and peyabb ~nd shall b~u intreit from tM dat~ tAereo( un~if p•~d ~M ra~~ ol
nine pe~ ce~tum pet annum and to~ather with ~uch interest fhall be setured by tM IiM of this matpage.
1. To permit, commit a suff~r no wute, impairment o? detaiw~tion of said property o~ ~ny parl thereof.
S. To pay a0 ~nd ii~p~lar tF» cosq, cM?~s and e~epN»eti inc~~+d~rg + reasw~abk attorney i fee ~nd cos~s of absiracts o~ tiNe, incuned o~ pa~d at
any tims by said MORiGAGEE, becauss or in ths evtn~ of ths ta~lure on the part of tM said MORiGAGOR fo duly, p?omptly and fvlly pe~tam, d~uharys.
execut~, ei(ect, complet~, comply w~th and ab:ds by ~xh ~~d every the stipulations, agreenxnts, conditiwu, and covsnants of u~d prom~ssory nate and ~his
mort9a9e e~y or ei~her, and sa~d cos~s, char~es and ~xpeniss, exh and every, sMll be immedisrely due and paysble; whether a not ~he+e be ~o+~ce d~
mand, ~ttempt to colled W suif pendiny; ~nd tM full ~mounf of each ~nd every such p~ymeM ihsll bea. interesl hom ~he date thereof until paid at 1he
rate oi nine per centum per annum; and all said cosn, char~ and eapenses incu?red w psid, topNher w~th such iNere~t, shall be secured by the lieo oi thi~
mwtpa~•
6. Th~t (s) in iM ewnt of any brexh of fhis 1Nort9ap~ or de(ault on ths part of the MORTGAGOR, .or (b) in tfie event sny of u:d sums of money
herein referred ~o bt ~ot promptly ar+d fully paid within th;rty (30) days ne,~ +i~er the same sevcralty becon,e due and payabfe, w~~lau~ demand w notice,
or irt the ewm e+ch ~nd every the stipulations, agrKments, ca+ditions and coven+nts of sa.d promiuoiy note and ~h~f mor~gaQe any o~ e~ther are no~
lv1Y, prornptly ~nd fully perfamsd, d~xharged, execu~ed, eifec~ed, completed, complied wifh and ab~ded Sy, then in ei~her or any such event ~he sa~d ag
greg~t~ s~m me~taned in said promisso~y note then remaininy unpa~d, with interest accrued, and all moneys secured hereby, thal! becwne due and pay-
eble fwthwith, or thereafte?, ~t th~ option cf said MORTGAGFE, ai fully and completely as if all of the u~d sums of money ware aiginally st~pulated
to be p+~~d o~ s~ch day, anything in sa:d p~om~ssay note or in this Matgage ro the contr~ry notwithsta~+ding: snd thereupon w thereafter a~ ~he op~~on of
said MORTGAGEE, without notice w dema.~rd, suit ~t I~w a in eqvity, there(we or thtreafter begun, may be prosecWed as if alt mw~eys secured he~eby .
had matured pno~ to in institution.
7. That in the event thst ~t the beginning of or at any tirrK pendinp any. su~t upon this Mortgage, a to foreclox it, or to refwm it, or to enforte
payment of ~ny tlaims he~eunder, s+id MORTGAGEE shall spply fo ihe Court having jurisd~ction thereot for 1he appo~ntment of • Receiver, such Covrt shall
fathwith appo~nt a receiver of uid mort9~grd proQe~ty sll and sinpul~r, irxlud~n~ all and t~rgular the income, prof~ts, issues and revenues from wfiatever
source derived, each and every of whkh, it beir?p expreuly vnderstood, ii hereby rt+a~rgaged as if speciiicalty set fwth and dewibed in the g.aroing and
habendum ciauses hereof, ~nd suth Receive? shall have ~II the boad and effet?ive fvnct~ons and powers in anywise entrusled by a Court ta a Receiver, and
such appointment shall be mads by wch Court as an admitted eq~ity and a m+tter of absolute ri~hl ro said MORTGAGEE, and without re(erence ro the
adequacy or irwdeq~acy o1 the wlw ot the property mwty~ged w to the sowency or insolvency of said MQJtTGAGOR or the defendann, and tha~ such
rems, profiK, income, iuucs ~nd rwenues thall 6e applied by auch Receiver accord~n9 to the lien a equity of said MORTGAGEE and the praaice ot such
CouA. '
8. To duty, promptly and fvlly perfwm, discharge, execvte, effect, complete, comply with and abide by each and every the sti~~lations, sgreements,
conditions and covenaots in u~d promisso.y ~ote and this mortgage set fwth.
9. That in the event the ownenhip of the mortgsged premises, or any part thereof, becomes vested in a peno~ other than the MORTGAGOR, the
MORTGAGEE, its svccesson and assigns, may, withouf r+otice to the MOATGAOR, deal wi~h such successor a successw in interes~ wi~h reference to ~hi~
mortgsge and the debt hereby secured i~ the same manner as with Mortgagor without in any way vitiating or d~schar9ir~ the Mongagori lisbility Ixre-
under w upon the debt heraby secvred. No ssle of the premius hereby mortgaged and no forbearance on the pan of the MORIGAGEE or its successon
or sssigns and no extension of the time fw the payment of the debt hereb~r secured g~veo by the MORTGAGEE or it: successws w au~gro, shal{ o~erate
ro releas~, d~xFur9e, modify change a affect the orginal IisoitNy of ~he MORTGAGOR herein, either in whole or in part_
10_ It is specificatly agreed that time is of the essrnce of this contract a~d that no waiver oi any obligat~on herevnder or of the obligatan se-
cured heraby shall at any time thereafter be held ro be a wiive~ of the terms hCreof a of the instr~rt~eM secured herby_
11. In add~~io~ to the forego'ng monthly paymen:s of print'pal ared interest requ~red by the prom~ssory note secu+rd hEreby, mortgagar covenants
and agrees to pay to mor~gagce with each mon~hiy paymenl an add~~anal sum eaten,a~ed by mortgagee to be equal 10 1 j 12 of the annual cost of the folbw-
, iny: .
A-AII real property taaes levied w assessed against the above described real estate.
B-Premiu~ns on fire and windstorm inaurance as herein requ~red to be carried on the improveme~ri situate o~ the above desvibed premises.
C-Premiums on such mwtgage guaranty insurar.~e as mwtgagee shall from t~me to time deem fit 'to carry o~ the loan secured Fereby.
j Mortgagee shaN from time to time notify mortgagbr in writing of the amo~~t due and payable FKreunder and such sum shait thereupon be due and
I Fayable on the due date of the ne:t month?y payment and each successive month thereafter ur.til mortgagee shafl noeify mortgagor of a change in such
{ amount. $uch s~ms shall be applied by mwtgagee toward tiro payment of real property taaes, insurance prem:ums, and mortgage guaranty insurance
i
~ oremi~ms.
~ IN WITNESS WHERfOf, the said MORTGAGOR has he~eunto set his hand ar?d se~! day and year tirst aforesaid.
t Signed, ikd and de 'vered 'n tht presence of: 7
~ ' . ~ FIlEO Ah0 RECORDEO '.4,a-~.~
, iT.IUCIE COUNTY fLA.
F ROCER POITRAS (Seaq
~ CIERK CIRCUIT COURT ~~n
~ RECORO VERIFIED
~ M T • r~an
~ STATE QF iIORIDA ~E8 I ~ W~' 1 I
~ st. Lucie ~ ~ ,20405?
couNn oF
~ Before rne penonaUy appexed ROSCOE A. ~{i8Tt~S and
~16171LA Narie IS'f2i/82'd$ his wite, to me well known and known to me to b~
~ the indiridwls drsuibed in and who executed ths foreyoirg instrument, ~nd xknowledged before me that they executed Ihe iartse fw tF~e perposes
~ Thelma Harie Ed~rards
??,e.ein .xp.essed. M,d r??e
~ wifs of tM s+id ~SC06 Fd~rards ~pp~ s~rate and privst~
~ e~~minstan by me taken separate ~nd ap~rt from hn said husband, +ckrawledged to and befwe me that sM executed said instrument freely ind voluo-
rarily a~d without a~y compulsion, constraint, ~pprehens~on, a fe~r of or from her ' Fwiband.
~ WITNESS my h~nd and official saaf this c~ Q~ day of A. D. 19~_
_ ,
fi V
~ Notsry Pvblic in ~nd fa the Sute of F{orida at lar9e
~ My Cort?miuion ~apires:
~ Retum Ta. . ~ pN~~N~~~+~r~ NoTNt~ Pu~l~ STATE ~ fLOR?DA AT IA~
~ Finf Federal Savings 3 losn Au«iat:on 1' MY COMMISSION EXp~RES SEPT. 2,3
~ A.:.~'3'~,
~ Of Fort P;erce. ~v t. ~••ti ~110ED ~FIRU fRED ~ DIES~E~HQI~A 9~
Q~ J .
~ Fort Pierte, Florida ~ ~ ~ , w
~ ~ Q:~-~~ (~4r ~
~ ~~~i~}~'~~f~~!
aa s= ,
~ This tnstrument Prepared By J. D:;~~~ Q;"~ ~
~
First Federal Savi~gs b loan Association ;
~ ~ of Fort Pierce ~ F7.01'ida r/~
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