HomeMy WebLinkAbout2776 io pisc~ snd contirwwsly \Hp on ~M bultd~~ ~ww a M~~~h« 4~u~~~ oo u+d 4nd ~nd eq:,~wnent •~d p..w•+anr co.N.d by enarp.
p~, w~~l~ ~11 p~~m~vm1 ~he~wn pa~d ~n ivll, I~n inw.~nc~ ~h~ uyw! ~~~~da~d po~K~ fam. w~ ~Hwu~ed br tl+e MOR.:,:.Gt[. •~~.1 «~~~ditwm
iewwance in IM uw~l ~~a+d~ra pols~ lan4 fn •~vm ~p{xwsd bi ~M MORiGAG[E. in wcA comwny o~ comp~~~~+ +M MORIC;AGEE m~y
d'vKlj w+d all lir~ ~nd w~ndsa~n~ inwr~nc~ polK~ a? ~~y ol ~ad pu~~d~r+ps, ~ny i.,~~r~s~ +he~~~n w pa~~ ~he~eoi, in ~he •9p,r9~r. wm ~1aeN~d w
In ~ac~ss Nwrwl, fh~ll canu~n ~h~ vwd ~~h,dMd matyp~ ciww a~uch othN davN rtK Ma~9~yN ~*~+y reqv~~~, m•\~~p ~h~ ~o» u~xl~. sa.d po~E
cNS. ~acA ~nd ~ve~~. M~rab~ b N~d MORiGACifE ~t a~ ~mNN~ m~y ~pp~ar. ~nd ~~ch •~d •~ery ?ucA po.~c~ ~h•II b~ wor^vpy ~ay„cd axl dati~e~ed ~o
sny MW by ta~d MORfGAGfE fur~har ~ec~~iry ro uid mor~ywt d~b~. •~d. nw :ta ~h+n ~en (t01 da~• in ad+anc• ol ~M •.pua+~on ol e•ch po~Ky. ~o dr
IrvN ~o Nid MOR~GAGfE •~~ew~l ~Mr~of, top~~hN witA •~ec~~pt la ~M p~.nwm ol such renewai; a~,d ~hor• a~~aU o~ no Lrs or w;~~d~ia~n inw~~nc~
plK~d an ~ny o) build~n~{. My inif~Nt IIN~~H1 Of p+rl IMrepl. unle~f in tM lorm ~nd w~th ~iv Iwf pay~bl~ af ala~sawl: and in ti~e ev~nl •ny ~um
of nwn~y becon+N p+Yabl~ cndN wch poliey a polici~s sud M10RTGAGEE shall Mw ~M op!wo ro recawe a~x1 appty ~he sa~ne on sccoun~ o) ~I+e enJebrrd•
M1f NCVtfd ~INfby W b ~IHTit Nid ~RT~~RS 10 /Kflv! ~n~ YN 11 Ot •ny ~Nft t11lrlO~ IOI Oti~a~t ~.ur,,OSC~. c.~IhGul Ih:n u~ w.:~+~ ~J ~r ~•~~V..~r.
iap ar~y pwty, IKn w rpht u~ a by Yutw of Ihis mo:tpp~j ~~+d in ~M ewM ~a~d MORIGAGORS ~MII lo~ any r~awn tail to keep ~he ~~~d pr~rR~~es se ,
inwred, p fail fo deliver pompd~ aey o! ~id polKi~s ol insur~nc~ fo N~d MORTGAGEE, w 1+~~ WomG~~Y ~o WY ~~~~Y +ny p.e~~~wm fherelo~ a~n a~r
r*sp~ct I~il b pMiwm, d~uMry~, •aa~t~, ~tf~ct, complea, comply wirh u~d abide by th~s cove~an~, a~ny pa~~ h~rwl. s+~d MORtGAGEE may p~~cs r~o
paY for ~uch irsu~anc~ a~ny parl tF+~rwf wi~hout waivinp or ~i(~ctinp ~ny op~ion, li~n. equiry, a rph~ ur,de. a by virrw of ?his Mwegaq~. a~d ~he
lull amount ol ~ach Md sv~ry ivch p~ymem ah+~~ b+ ~mn+ed~+a~Y dw +^d WY+bI~ and sha11 bear Ihlfflf~ from tl» daa ihereoi un~it pa~d a~ rM raf~ ot
n~n~ per c~ntum pK ~nnum and ~ogeiher wi~h such inhrasl ~haii b~ setured by 1Fn li~n oi thif matys~e.
1. To p~rmil. comrnit or w1(t~ no wute. Impairment a~detNioratan o) uid propaty a~ny pHt the.eof.
S. ?o p~y ~II Md ~i~puiu tIK cwt~. charp~s ~nd •xp~nses, includinp a reawnable attwney't (~e and ~o~ts of abstracts of t~tte. incur~ed o? pa~d a~
any time by wid MORiGAGEE, becevs~ w in the ~wnt o1 tM f~ilwe on tM p+~t of tM said MORTGAGOR to duly, pranptly and fu:ly prr(urm, d~uharge.
ezecut~, tHect, compkt~, tomplr wdh and ~b~d~ by ~ach ~nd every ths stipulenons, aqreenxnh, cond~~~ons. ~nd ceve~ents oi sa~d p~an~swry note and ~h:i
mort9aye any d~ithar. ~nd s~:d tosts, tMr9H and •~pensef, eacA and ~very, shall p~ immediately due and payable: whrther or not ~here be nu~Ke d~
mand. attempt to collett w wit peod~nq: and tht full art~ovn/ of ~ach ~nd wery such payment shall bea~ iroe.est Irom the 6ate tFKreof votil paid at the
.ate o~ nine pe~ centum pe~ arnium; and all said cos», charyd ~~d eapenus intwred w paid, together w~th such inrerest, thall b~ secured by the I~en of thw
mo?tQap~.
b. Th+~ i~ the ewnt of ~ny breach of this Morty~ye or detault on tir part of ~he MORTGAGOR, o. (b) in ~he event +~y of satd sums of money
herein relerred to be not promptly and futly paid wi~hin Ih;rty 130) days nex~ after tM sam~ severatly becume due and payable, without demand a not~ce,
or (c) in the event e+ch ~~d ~ve~y Ih~ stipvlatio~s, agr~emtnts, conditions and coverunts oi s~•d promisswy note and th.~ mor~gayc any o. e~~hcr are ~ot
~uly. promPtly u+d lully p~rform~d. d~xharged. ~xecutsd. ~ifect~d. completed. compl~ed wi~h and abided Sy, then in e~ther w sny •uch weM IM sa~d ag
qregste ium memaned in said promissory no?e tF?rn remainirq u~+p+~d, with i~teres~ accrued. and +~I moneys secured hereby. shall become due and paw
able fwthwith, « thereafter, at tht option of said MORTGAGEE, u fuliy ~nd comple~ely as if +tl of ~he said sums of money were agin~lly st~puiated
to be ps~d on s~ch d+y, anythin~ in sa+d prom~ssory note or in thia Mortyage to the to~~ra?y notw~thstand~ng; and ~herevpo~ w the+ealter si tMe op~~on of
seid MORTGAGEE, without notic~ or damand, suit at I~w or in equity, therefore or thereafter begun, may be proututcd +s if all moneys secured hereby
had tnaWred pnw to ~ts institvlion.
7. TMt in the event ~hat ~t tM b~ginninp of w st any time pend~ny any suit upon fhis Mwtgage, a to fweciou it, or to reiam if, or ?o enforce
payment of any claems hereunde?, said MORTGAGEE shatl apply to the Couh h+v~ng ~ur:sd:c~ion lhereof fa the appointment of a Receiver, iuch Court shali
forthwith appoint a receiver ol said mortyayed property all and singular, inctud~ng all snd singu~ar the income, prof~ls, issues and revenves from whatever
w~rce derivcd, exh ~nd every of which, it.beirg expreuly under~tood, is hercby mortgaged as if tpeufKatly set fath and dex~~bed in the granring a~d
habendum clavses hereof, ~rd sucF~ Reuiver shall Mre all the broad and effect~ve funct~ons and powen in a~ywise entiustcd by e Covrt to a Receivcr, and
~.:ch appointment shall be made by wcA Court as an admitted equity and • matte? of absolu~e right to ssid MARTGAGEE, snd withov~ reference ro the
adequxy o~ inadequacy of the wl~re of the proper+y mwtq~ged w to ~he sotve~cy or insolvency of sa7d MORiGAGOR a the defendan~s, and ~hat svcF?
~enrs, profib, income, is~ves and revenues ~II b~ applied by such Receive~ KGO(Cj~I)g t0 fF1Q I/M Of equiry of said MORTGAGEE and the practice of u,ch
~OY71. •
8. To duly, promptly ~nd fully perfwm, diuharpe, execute, effect, complete, comply with and abide by each and every the stiFula~ions, sg~ecme~ts,
canditaro a~d cove~ants ~n sa~d promissory not~ and ~his matyage set fath.
9. Thst in the event the ow~ership of tl+e mortgaged premises, a any part thercof, becomes vested in a pe?son other than the iNORTGAGOR, tl+e
MORTGAGEE, its succeuors and au~g~s, may, without notice fo the MORTGAOR, deal with such successo~ a successor in interest with reference to this
mortga9e snd the deb~ haeby secured in the same manner as wi~h Mortgaga w~thout in sny way vif~ati~g er d~uharging thc Mo~tgagori li~biiity helE~'"
under or ~pon the dcbt hereby secured. No ssle of the premius hercby mo~tgaged end no forbearance on tix part ol the IJIORTGAGEE a its wccessors
or assgns and no extensan of the time for the p~yment of the debt hrreby secured given by tht MORTGAGE~ or its sutcessws w au~gns, atiall operate
~e release, d~schar9e, modify change w affect the orig~nal liab~l~ty of ~he MORTGAGOR herein, either in whole or in part.
10. It is spec~fically ag.eed that time is o( the ess~nte of ehis contratl and that no w~iver of any obl~gat~ hercunder a of the obligstion sr
cu.ed hereby sMll at any time thereafter be heW ro be a waiver o4 the terms hereof w of the instrumem secured herby.
11. In add.tio~ fo the forego:ng monthly payments of ~rirtCpal and interost required by the pra~:ssory ~o!e accured hereby, mortgagor tovenants
and agrees to pay to mo:tgagee with esch morohly payrneM an sdd~rional sum esumated by rta?tgagee to be equal to 1; 12 of the annual cost of the foibw-
~ inq: . .
~ A-AII real property ta:es kvied w suessed against fhe above dexribed real estate_
I B-Prem~u:ns on iire and windstorm insurance as iurein requ:red tc+ be carried on the ;mproveme~ts situatt on the above described premises_
'i C-Premiums on such rtartgage gwranty insurance as mortgtgee shatl from t~me to time deem fd to csrry on the loan setured hereby.
~ Mortgagee shail irom time to time notify mortgagor in writing of the amount due and payable hereunder and such sum shall there~pon be due and
~ ~ayable on the due date of the nexr monthly payment and each successive mo~th thereafter ur.al mwtgagee shall not~fy mortgagw of a change in such
j emeunt_ Such sums shalt be applied by mortgagee toward the psyment of real property taxes, insurance p~em:ums, and mwtgage guaranty insurence
F oremiums. .
IN WITNESS NHEREOf, the s~id RTGAGOR has hereunto sat his hand and seat the day and year first afaesaid.
~
t S' Sea{ed d d, iv ' the p~esente of:
~ FlI.EO A!ID IIECORaEO _ ,q
ST. IUCIE COUlITY FIA. ,
~ ROCER POITIIAS . ~ ~ ' ,
~ CLERK CIRCUIT COOR -
RECQRO VERIFIEO _ ~ ~
: p•; ' `~y ~
d M y ~'+t'~,.' - ~ a
~ STATE OF FLORIDA ~E8 ~ 'T W PI,' I' : A ' ~ 1 ' ~1 ' 'f-~ •
S$, : ~ s. , ~ .
~ couNnr oF St. .ucie 204061 ~4 '
before me perwnally app~~red Waldo H. Zander -
PP x r,..
M82'ogl`P_t ~.d21C~P- I' his wife, to me well known MN'~~[~
the indiriduals destribed in and who executed the forayoirg inslrument, and atknowltdyed before me that they executed tM sar~'fof j~~~~i~r"~. ,
~ rherein expressed. And the said ~'garet Zander •••,:~.,~,•,••~~fi~s•j
wife of rhe said ~SldO H. Zander ~pon a aeparats and p~ivat~
examinaYan by me tskM separate snd apart from Ixr said husband, atlcnowledged to and befws me that s!x eaecuted said imtrumeM freely and volvrr
tarily ar.d withovt any compulsion, cw~strai~t, app~ehensia1~~,
f ar of p from FKr said F?usba 71
~ WIiNE55 my h~nd snd offici~l seal this si~ L~ ~y of A. D. 19
~ Noury Pubtic in u+d {w the StaM of Fbrida ~t larpe
~ My Commiuion expirp:
Retut~ Ta
Fint Federal Sevings i losn Aswciation ' ~ ` . " ~ ~ v `i L~rnE
Of fort P~uce. .,:r. ..J, iy1Z
Fort Pierce, flwida " _ ~ • '_a iti• ~i~' ~;iELHORS.
~ ii-1-9• 1~
~ :
This Instrument P~epared By ftichard K. Kayes ~
~ First Federal Savings ~ loan Association ~
~ of Fort Pierce ~ Flal'fd8. y
t
~ Checked By ~
~ aooK 189 2767
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