HomeMy WebLinkAbout0811 To place snd co~tinuously keep on tM bui!dm~f now or hereaft~r ~ituats on ~aid land and on ~II cquipnunl and penonal!y covered by ~hi~ ma~y~
y~, with all prcmium~ thereon pa~d in full, fire inswance ~n the uswl sm~xiard poGcy form, in a ~u~za eypro~rd .~v ~he b1JR~G~GEf, and wi~dstorm
lnwrant~ in the ue~al f~andard pol,cy form, in a sum •pp~o~ed by the MORTGAGEE, in svch coa~pany o? to~npan~es as the MORIGAGEE may
dhec~; ~nd aU f{~~ end wfnds~orm iniurance po~~ues on •ny of sa~d bu7~d~r+ys, any in?erss~ tt~e~ei~ or part Ih~ieof, in the agg~rgafe sum aforessid or
in txces~ Ihereo(, sMU cont~i~ ~he usval s~~ndard mafgaflse davse a such other cleus~ ~s the Mo~tpayee may reqv+ro, mai~iny the 1ot~ vixla ta~d po1F
c~es, etth and every. paYab!e to sa~d h10RTGAGEE as ~t~ mte~ett m~y sppear, and each and every such pot~cy shall be p~anptly ass gned a~d de~~vered ~o
any heFd by ieid AIORiGAGEE as fur~her secu~ity ~o aaid ~wr~Qaye debl, and, nof leu tha~ ten (10) deys in advance ol the exp~rat~a~ of each po1~q, to dr
Gve~ to iaid MORiGAGEE s renewal thereof, lofle~her with a receipt 1or tAe prtmium o1 such re~~ew~l; a~~d the~e ahall be ~o f:re or w~~~dstorm iniurance
pl~ced on any of srd bui!dings, any interest therei~ or parl thereof, unleaa i~ ~hr form and w~th the loss peyable as efweaa~d; s~d in the event any s~m
of mon~y becomss payable unda such pot~cy a pohcia~ iaid 1u10RTGAGEE ~hall havr ~he opt~o~ to rece~ve and app'y the sanw on accou:v ot the i~xlab~.d-
ness secured he~eby w b ptrmit s~id MOR~GAGORS to ~eteive and uu il w any part ~hcrrol lor o:~~c~ Hw~,oa~•s. .v;~hv~t ~h u. .~~w~ ~~~,pa~.-
ing any pu~ty, lien w righ~ under a by virtue of this mo~tyage; and io the ~ve~1 aa~d AIGRTGAGORS shnll for any reason tail lo keep the sa!d premis~~f so
~nsurad, a fail to delive~ promplly ~ny of said polKias of insursrxe 1o is~d AhORTGAGEE, w fu~! pro~np~ly to pay fu:Iy any pte~~~+~m ih~•refor or in a~y
•especf faii ro pe~io+m, d~scha~ge, eaecute, •ifod, complete, comp~y wi~h ~nd ab~de by this cove~ant, w any part hareol, said MCiRTGAGEE moy p~+ce •~.d
oay for iuch msuranc~ o~ any parl thereof without waiving o~ af(ecti~ any option, lien, equ~ry, or ~ight under o~ by vi~tue oE this Mortgage, •nd thc
tull amouet of ~ach a~ e~ery s~~ch paymam ihall be immed~ately dv~ and psyab~e •nd shall brar inte~est from ~ho date thcreof u~~il paid at the rate ol !
n~ne psr centum per ann~m end to~rther ~n~th such i~iter~~t shali t>e sew~ed by the lien o1 th~s mortgag~.
To permit, eommit w au~(e+ no waste, impairment w deteriorat~on of sa~d prop~rty or any part the~eof.
S. To p~y all and singular the costs: chargea and expenses, includuig a ~essonable ano~ney's fee and cost: of a6st.acts oT titte, incurred or pa7d at
any time by said MORIGAGEE, becauso w in ?he eve~~~ of ~he fedure on ~he part of the sa~d MORTGAGOR to duly, p~o~~~y~ly and ~vi~y pe~form, d~?charge,
execv~~, eHett, comptete, co•nply wnh and ab:de by each and evrry the stip~ler,o~s, egreemenrs. cond~t~oni, and covenun~s of se~d pro~m;so~y rate and ihl~
~iorty~e any w either, and aa:d coa~s, tMrges a~d exprnses, each and every, shall be Emmcd~etely due and payabte; ~whrther w not thcre tx nonce d~
mand, •ttempt to coI{et1 or •uit pend~ng; and t1+e tull anwunt of ~ach and eYery svch payn~ent shull bear intcrns~ frum the dare thereol unril pa~d el ~he
.~re o~ ni~u per centum per annu:n; and aIl said cuats, charges and ex~rses ~ncurred or pa+d, togriher w,lh such inte+uit, shall be sewred by the hen o1 th~~
mortga~~.
6. That (s) i~ the tvar~t of any brrach of this Mortgage o~ defaull on ihe pa~t of ~he MORTGAGOR, or ;b) ~n rhe evrm any oi sa'd sunsf of money
herein reierred to be oot pra.nptly and lulfy pa~d within thuty j30) days next afe~r the same scvera:Iy beco~~ir d~e and payabte, withuu~ demand or ~otice.
or (c) in the eve~t each and every the stipulehons, agreements, cond~t+ons and covenants ot sa.d promisswy note and th,s nw~igage any or e~ther •re na
luiy, promptly and fully perfwmed, dschmged, executed, effec~ed, completed, compiied with and ab~ded ~y, :hen in eaher a any such event the sa~d ag
3rrgate sum mentioned in s~~d p~om~saory no~e then remain~ng unpud, w~th inrrre;t accrued, and a;l moneys aecured hereby, sl~al! betu~ne dua a~d pa~-
ao;e forthwith, w thereafter, at the opt~on of said MORTGAGEE, as fv!!y and comple~ely as if afl of thc se~d s~~ns of mo~iey were a~ginaity shpulated t
to be pa:d on such day, anything in sa.d prorn~sswy note or in this Mortgage to ~he connary not~nithstand~.zg; and thereupon or thereaher a~ the opt~on of
sa:d MORTGAGEE, w~~hout nonce w demand, suit at law a in equdy, therefore or thereafie~ brgun, may be prosecuted at if all mooeys secured he:eby
nad maturcd pno~ 10 ~ts ~nsutut~on.
7. Thaf in the cvcnt fha~ et the beginn~rg ot or at a~y time pend~ng any s~~t upon it,is Mo~rgage, w to tweclox it, w to reform it, w to enfwce
payment of any c!a~ms he~eu~dei, uid MORTGAGEE shall apply to the Court havinq ~ur~sd,c~:on th~~~rof 1or the appo~ntment of a Receiver, s~ch Court ihall
fo:thwith appo~nt a~eceirer ol sa~d mortgaged prooeny all and sirtgu~sr, includ~ng ail and s~ng~tar the irxome, prohts, issues and revenves from whatever
source derived, eacfi and every of whKh, n bei~y expressty ~:~dersrood, is hereby mo~tgaged as if spcul~tally set forth and dewibzd in the pranhng ~nd
habendvm dwses hereof, and such Reteiver shall have all the b~oad and effechve (unct.o~:s and povvers in anyw~se eMrusred by a Gourt to a Reteiver, and
s. ch appoeroment shali be made by such Court as an admitted equity •nd a ma+ter of absotute ri9ht to wid MORTGAGEE, and wifhou~ reference ro the
nrieqvacy w insdrquacy of the value of the property inqtgaged or to the so:vr:xy or imoiventy ol sa~d MORLGAGOR or the defendams, and that such
Te~±s, profits, income. ~ssues and revenues shall be app~~ed by such Rece~ver accord~r~g to the fien w equity of said MORTGAGEE and the PIK1iCQ of such
Courf.
8. To dv'y, promptly and ful!y p~rform, discharge, ezecute, e~fect, compiete, compty w~th ~nd abide by each a~d every the stipulations, agreements,
tonditioru a:~d covena~ts in sa+d promissary note and th~s mortgage se~ fo~th.
9. That i~ the event ~he owrxrshlp of ~he mortgaged p+emises, w any part thcreof, 6ecomes vested in a person other than the MORTGAGOR, the
~'.CRTGAGEf, iti' sucerssws and asvgns, may, wrtho~~ notice to the MORiGAOR, deal with wch successor w successo~ in imerest wi+h reference fo this
mo~tgage and the debt hcreby sKU~ed in t!x same manner as with Mortyagor wdhout in any way vitlatmg or d~scharg~ng the Mortga9or3' tiability herr
i• der a uEwn tl~e debt hereby secured. No sate of the prem~ses hereby ~no~tgaged ar.d no torbearance on the part of the MORTGAGEE or its wccessors
or ass~gns and no earers~o~ of the nme for the paymem oF the deb~ hereb~ secured given by ~he MORTGAGE~ o~ its succesaws or aulgns, shall operate
~o ~,+eax, dacMrye, modify change or atfect the orig~nal liab.i:iy of the MQRTGAGOR herein, either in whole or in part.
10. It is speui~cally agreed that timc is of the essence of th~s tontract and that no waiver of any obl[gat~o~ hereunder w o1 the obligstiw? se-
cvrzd hereby shati at any time thereaher be held to be a wa~ver of the terms hereol w of the instrument secured herby.
11. In add tio~ +o the foregdng mo~th!y payme~ts of p:i~c pal arx! in+erest regu~red by the prom sscry no~e secuizd hereb~, mo:tga3ar eovenants
a~d agrees ro pay to rno-!gagee with each monthly payrnent an add~rional sum esumated by mortgagee to be equ~l to i, 12 of t:~ ann~aE cost of the follow-
~ ,:'3:
A-All reaf preperty ta:as levie~ or assess_d a~af~st thc above describcd real estate.
i B-Pre~n o~.^.s on fire and wlndsto~m i~suracce as here~n requ;red to be carri~d en the improvrmeats s~tvate on the above d~scr~bed premises.
E C-Prem~u~s o^ <_vch mo:tg;ge guaranty ir.wrar:ce as mortgagee shai! from tme to time deem fit to carry on the loan se,ured f~ereby.
! Mortgagx s~a" f-cm t~~-~e to t~me not;iy mortgagcr ~n wr;t,~g of the an:ou~t d::e and aayab~e here~ndrr and such wm shali thereupon be due and
; ca,able on the d~e aare cf the nert mOnih:y paym~nt and e~ch successrve m,onth thereafter uc!i~ mortgagee shall noufy mortgaqor of a thange in such
t a•-ouM. Svch sums s~:~ ~ F:e apF:ued by mortgagee ~oward the payment of reaf property taaes, inwrance prem;ums, a~id mortgage guaranty i~sunnce
~ c~emiums.
F
i IN WITNE~S L':HE~ECF fhe sa~d MoRTGAGOR f~as hercunto xt his hand a~d seal the day and year fint aforesaid. ~ ~
~ Sgned, eated and det~vcred in the p~esence of:
~ , h~ • (.~i~~, _ a~ <
f (Seal) }
~ - r
~ Sean
~Seaf)
,
S E Of FIORIDA ~
ST. LUCIB u'
~ ~~utinr oF
~ eeiwe me perwnally appeared John E. MOl98I1 a~
~ Md~y J~Jle ~OZgdR h~s w~fc, to me well known and known ~o me to be
~ rhe individwls desu~5ed in and who executed the foregoing instrurtxM, and acknowledged before me that they eaec~ud the same fw the purposes
~ rhr*ein expresxd. And tiro said Ma?rY Jane ~{Ol9dI1 _
~ .v fe of the sa~d - JOhn E• M0r9~ ~ upon a separate and privat~
~ e¦am~nat~on by me taien sepa~ate snd apart from her ss~d husband, acknowtedged to end beFore me that she executed said instrument freely and vo~uo-
" ~a~~~y ~nd w~thout any computsvx~, cons~raint, apprehens~on, or lear of w from her said husband.
~ WITPiESS my hand and offic~al seal thia__ J 7~ _ day of Rabzuar A. D. 19 71
- --1~~
~ No~ary Pubtic in and for the State of fbrida at larpe
My Comm~ssion expirt3:
Rerurn Ta: ' `~~~~~~~~~•t~~~.,~~, ~~K? a
. ~tOiM ~T iM~E
first Feder~l Savings d toan Associat,on 1' 'r~ ' ~ ~ ~
Ej~u
, zs, i9~s
Of io.t Pr.ce. ~ f,, ~~V~i~ w. ~
~ = . i': .
Fai P,rrce. F:c,.da ~ ~ ~ ` : 2~~`?~~3
~ - ~o =x • =
• 'J'~'..' . r - F~tE~ ~?~0 RECOROEO • ~
~ - ' - -f~tt~ ~c : ' ST. lUC1E COUNTY fLA.
z" This Instrument Prepared By Jo~l~
W.O ROCER FOITRAS
CLERR ~;:,CUIT COURT
•
$ First Federat Savings b Loan Association, -t Rf.CORD Yff?~FIEO.~.~.~
~ of Fort Pierce ~ F loz ida ~
~ f N~~•''S- FE8 I~ 9 0l AN'T I,/~/
~
Checked B ,~~ti' /~N`,W"
~ G
~ ~ cq~K~~7V ~
~ ' x.
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~ _ ~
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