HomeMy WebLinkAbout2772 to p~~c~ ~nd con~b+uousiy ?Np on ~M bv~!d~np~ now a M?NItN ww~N a+ ~~~d ~~.~d ~r~d on a!t eQ~~p*~em •~d p..w~~~~r c.we..d b~ ~h~~ ~nap
sg~, w~tA ~A pr~~n~wM Mw~eon pa~d ~ ful~, I~~e imwu+ct ~n th~ uw~l ~u~dxd po!.tY ~or^a ~PWov~d b~ ~M 1NOR~'v~i,[t. •~~d .r,~~am
inpw~nc~ {n tM wwl ~~and~rd pol.ty fan?, tn ~ wm app~ov~d by ?M MORTGAGEE. M~ wcA co~+pa~~ a coTp+o~„ ~~x MORTGAGfE
dw~ctj ~nd all lir~ ~nd w~+d?arn~ iraw~nu PaK»s o^ +^y of ~ad buiW~np~, any MI~lf1I IM~fM p pa.~ ~herwl, N1 II~! ~~ftg~~f ~YT 1+pfN~ W
In ~ac~p ~M.wf, ~MII con~~in tM wwl uw~d«d earrppN ciws~ o• wch o~F?~ N~uN ~i iM Ma~pa~ rn+y req~:.~. m.?~np ~M ios~ o~+d~. s.~d po1i~
cih. each Md ~vN~. payabt~ b wd MORiGAGfE ~~~Ke~f may ~pp~M. and eacA Md •v~ry i~ch po~~cy ~h~ll b~ p~ompuy 9~ed ~"d de+~vered ro
~n~ MW by w~d lNOR?GAGEE ~s fw~M. ~acwiy ~o ~a~d matpp~ deW. ~nd. not I~ss ~Mn t*n {101 d~ys ir+ ~d~~nc~ o( ~l+e eap~rat~oo oi aach pol~ty. ~o dr
uv.~ ro•ad MORtGAGEE • r~wal tM~wf, top~ehN wi~h ~ r~c~~pt fa th~ p~.mwn of wch rH,ewa~; and ~hen ihai~ b~ ra f,~e o~ ~~„da~o•m ~mw~r~ce
pl~c~d on sny of s~id bi+iidi~gs. any iM~r~q Mwr~in o~ p~r~ tl+enof. ~nleu ie ~M fa~n ~nd wi~h ~M toss prvabN ~s •la~~~id: and in tlw ev~nt •n~ ~wn
of rtwn~y betarw~ p~YaW~ ~^d~~ futh PdKY a PaKi~s aid MORTGAGEE ~h+ll haw ~M op~~+n ~o rece~ve and apply the sa„x on acco~n~ al Me indeb~rd-
n~s~ fetur~d Iw«by w ro pKmi1 ~tid JNORTGAGORS 10 ~ttsiw u+d Y11 11 W a~1y (M~I Ihtrep~ fOr OS~iM µu~~~Otri. vn~hout th ~~a ui K~~v~ Jr m~pwir-
inp My pv~ty. lien w riflht undN w by virtw ol ~his mortpap~: and in tlw ~wnt a~~d MORTGAGpRS shall ta any r~ason iail to keep ~he sa~d p~em~?r~ so
insured, w fail b dtiiver promplly ~ny of Nid pO~Kief O~ inwr~nc~ eo sa~d MORTGAGEE, ot fa~l promptly to pay fu1Sy any pre~st~~~n eherelw a in +nY
r~spect fail ro patwm, d~xh~r~, ~x~cua, ~ff~et, compl~te, compty with w+d ~b~ by tlus covenanr, or ~ny par~ her~of, ia~d MGRiGAGEE ~y P~K~ •~~d
paY fa ~~ch iea~?~anc~ w a~+y p+n ?herwi without waivinp a affxtinp any option, li~~, equ~r~, o~ righ~ unde. a by vertw of ~h~s 1No~i9+ye. ~nd ~hc
}ull amount of ~ach and sv~ry ~~ch payrt»nt shall M imrnediately dw ~nd payabl~ ~nd shalt bear interest from tM dat~ tl~ereo( un~il paid at ~he rau ot
nine per centum pN ~rnwm and togethe~ wi+h suth intermt shall be iecured by IM lien of thi~ mat9age.
1. To ptrmit, tommit or suffM ra wut~. impairmeM w dst~riw~tion of said property w any part thereof.
S. To p+y •II +~d sirgula~ the cos», ch~rpet and expenses, ~ncludirg a reaso~able attaney i fce and casts of abstrads of tttle, incurred or paid at
sny time by wid MORTGAGEE, because or in the twnt of tM tailure on the part of ~he i+id MORTGAGOR to dufy, promp~ly and fu~ly perfam, d~uharge,
execute, ei(ect, complete, canp~y w~th and ablds by ~ach and every the stipulat~ons, agreemems, conditior+s. +nd covenaots of sa~d prom~asory note a•~,d ~hii
matyaQe any w eifhe?, and sald costs, charpes and ~xpenses, each and every, ahall be immediately due and payable; whe~her o~ not rhere be nonce do-
mand, attempt to co~lect or suit pend~ngt +nd tiw f~ll artaunt of each and every such payment sha~l besr i~teres~ from ~he date thereof until p~id st the
~are of ni~e per centum per an~wm; and all said coits, char9es and exoenxs incurred or paid, together w~th such interesL shall be secured by the I~en of tha
mortpape.
6. That in the evtnt of any breach of this Mortgage a default on the part of ~he MORTGAGOR, or (b) io the event sny of sstd sums of money
herein referred to be not promptly and Eully paid within thirty (30) days ~ext after tht same tevera!Iy become d~;e and payable, without demand a notice,
or (c) in the eve~t asch and every tM stipulations, agreements, conui~ions and covenann of sa~d promiuwy note and th~s mor~page any w either are not
iuiy, promptly ar+d fully performed, d~xharged, executed, dfected, completcd, complied w~th and ab~ded Sy, then io either w any such event the u~d a~
greqate som mentioned in ss~d promiuory note thcn remsining unpaid, with intc~est accrued, and all moneys secured hcrcby, shall 6ecome dve and pay-
eble fwthwith, or theresfter, at the oplion of said MORTGAGEE, as fvlly and completely as if all of the said sums of money wc~e orginally st~puiaied
to be paid on suth day, anything in said p?omiuory note p in this Mo?tgsge to the contra?y notwithstanding; and thereupon w thereafter at the opt~on of
said MORTGAGEE, without ~otice w demand, suit at law o? in equity, therefwe w thereatter begun, may be prosecuted as i[ all mo~eys secured hereby
had maruted pnw ro in iratit~tion.
7. That in the event that at the beg~nning of a ~t any time perfding any svit upon this Mwtgage, w to faeclose it, or to reform it, or to enforce
payme~t of sny claims hereunder, s+id MORTGAGEE shall apply fo the Court having jurisd~ction thereof fw the appo~ntment of • Rece~ver, such Court shail
io~thwith appoiM a receiver of wid mort9aged property all aed singvler, inti~dmg a11 and singular the income, profiri, issues and revenues from whatever
source dcrived, each ~nd every of which, it beirg express~y underslood, is hereby mortgaged as if spec~(itaUy ut fo?th and deuribed in the graro:ng and
habcndum clauses hereof, and such Receiver sha~l have dl the bwd and effecrive funct~ons and powers in anyw~se cntrus?ed by a Cou~t to a Receiver, and
a~ch appointment shall be m~de by s~th Co~rt as :,dmn:ed tqu~ry and a matter of abso~ute right to said MORTGAGEE, and without referente to the
adequacy or inadeq~acy of the valus of the prope+ty mortg.~ed w to the aowency or insolvency of said MORTGAGOR w the defendants, and that such
ren+s, profits, income, iuues and revenues •hall be applied by such Receiver accwding ~o the lien or equity of wid MORTGAGEE and fhe practice of such
CouA. '
8. To duly, promptly ard fully perfwm, dischs?ge, execute, effect, complete, compty with and abide by each and every the stipulations, agreements,
conditions xid covenants ~n sa:d promissory note and this mortgage set fwth.
9. That in the eveM the ownerohip of the mortgayed premises, w any part thereof, becomes veited 'iri pcnon other thsn the N10RiGAGOR, the
MORTGAGEE, its tuccessors s~d auig~s, may, ~ythout. notice to the MORTGAOR, deal with auch succcssor o? successo? in interest with reference to this
mortgage and the debt hereby xcured in the s1Ax manne? as with Nbrtgagq without i~ eny way vitiating d dixharging the Mongagors' liability he+r
under a upon the deb~ hereby secured. No sale of the premises~hereby mortgaged and no forbearance on the part of the MORTGAGEE w its successors
or assigns and no extcnsion of the time fa the payment of the ckbt hereby secured given by +he MORTGAGE~ or its iucceasors or assigns, s7~11 operate
ro release, diuharye, modify change or affect the wiginal liabitity of the MORTGAGOR herein, either in whole w in part.
10. It is spedficalty agrced that time is of ~he esunce of this contract and that no waiver of any obf~gat~on hereundcr or of the obligation sr
cured hereby shall at any tirtx thereafte~ be held to be • waiver of the terms hereof or of the instrumeM secured herby.
11. In add:t;o~ to the fwego'ng monthly payments of princ"pal and interest required by the prom:swry nore srcured hereby, mortgagor cavenants
and agrees to pay ro n+orsgagee w~th each mon~hly payment an add~rional sum est~m.ated by mortgagee to be equal to 1% i2 of tfie annual cost of the folbw-
in~:
A-All real property taxes feviec! o? assessed agai~st thc above described real es4ate.
B-Prem~ums on fire and w~ndstorm insurance as herein requ~red to be carried on t1?e improvements s~tuate on the above d~scr~bed premises.
~-Pr~^:Eums on such mortgage guaranty insurance as mortgagee shall from t~me to time deem fit to carry on the loan secured hereby_
Mortgagee shail from time to time notify mortgagor in writing of the amount due and payable hereundrr and such sum shall thereupon be due ar.d
~ayable on the due date of the neat monthly payment and each successive month thereafter ur.Nl mortgagee shafl not~fy mortgagor of a change in such
amou~t_ Such sums shall be applied by mwtgagee toward tF~e payment of real prope~ty taxes, insurance prem:ums, and mortgage guaranty insurance
~ premiumS. ~
~ IN W ESS WHEREOF, the ssid RTGAGOR has hereunto xt his hand and seal t day and year fin? sforesaid_
; • .
~ '~a d~ - • fh° °`~'M`° °f: FtlEO aNp RECOAOE~ ~
~ , ST.LUCIE COUMTY fLA. q
~ ROCER POITiIAS ~ _ ^
• ~ CLERK Ct~CU1T COURT C
RECORD YERIFIED~ ' ~
~ J
~ ,
fEe 1 0o PH ~ ~ ~
STATE OF FLORIDA ~ ~ • t~ • ~ _ U .e Ir
' couNn oF St. Lucie i~- 2Q4059 :~~;~:'~J.;?~'.•i=;~-rt
- W : 0~ 1' ' o,N `
e~rae me personaup ~...d William E. Ro ers .~'`:+p~~~ '
Ruby~B. ROg@Y'3 his wife, to me well knovit~~ " i'~~`
~ 1he individwls described in and who exetuted the fweyoirg instrument, and adcnowledged before me that they executed tFis,,
~ ±
rherein expressed. And the said ~bY B. RoQers ~',i 1: K_,.`~-~
William E. Ao ers "
wite of the wid g upon • sep~rate and pr'nat~
~ examinata~ by me taken separate and apa~t from l~er said husFsand, adcrwwledged to snd befwe me thet she executed sa3d instrument ~reely._~nd voturt-
rarily and wrthout ~ny computsion, corutraint, apprehension, a fear of or from her s+id husband. ~
~ WITNESS my Mnd and offic~al sesl thi~ 2~h diy o~ Janu A. D. 19 7~
~
~ Not Public in and for 1he State of Fforida ~t larpe
~ My Commiuion txpires:
~ Retu?n Ta
~ IIOYA~Y PL3~!C, sT;~'i :F_~i:;,....a .ir u?x:t
~ First Feder~l Savingf a loan Atfociation ~~fY COhjj~'11J.:+I~JI~1 JC~'+~ic:~ ii.i~. ~3~ 11/j
~ Of Fwf Pierce. bONGEO ?~1?~',:G!i :D 1i. n~FS7ELMpRy.
~ For! Pierce, Florids
~~~7" t
~ t
~ This Instrument Prepared By Richard R. Kayes
First Federal Savings b loan Association
~ of Fort Pierces ~''jO~dB B~OK 189 2,
~ Checked 8
~
4
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~ : 18
~ ;
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~ as, _'-i.«.....,.~.... . . u... . . . _