HomeMy WebLinkAbout2137 . ~
To plac• and continuo~~~y k~ep on tM bu~'.d~ng~ now a har~after iituels on said ~end and on all equipment •nd per~onally covered by ~his ma~p~ ~
~g~, with •!I p~emiumt t~ereon pa~d ~n luil, hre insur~nce ~n ~ha ~sual ita~derd poi~cy fam, in a~um •ppo+od by ~he A10RiGAGEE, and windstam
~mur~nce in ~he wuel t~anda~d pol~cY lo~m, in a sum approved by the N10RiGAGEE, in wch too~paoy or canp~n:ef •s ~h~ MORTGAGFE m~y ~
d~tttl; ~nd all }ir• and w~rxl~torm intiu~ancs po!kiet on ~ny of said bu~fd~n9s, ~ny inter~s~ the~ein or part thereol, in ?he aflg«gete tum •to~es~~d a
in ~:ceff Iherwl, fhal) contain ~he uaual ita~~dard matgafles clausa o~ such oi1~e~ d~uu ~s Ihs Mortfla9~e may requ~re, mal.irp ths +oss under sa~d polF
cies, ea<h ~nd overy. P+Y~ble to sa~d MORIGAGEE a~ iN ~ntereat m~y •ppear, and each and ~very ~uch pol~cy shall be promylly ass onrd snd del~vered to
any Mld by sa~d MOR(GAGEE aa fw~her secwity to ~sid n+ort9+9e debl, and, no~ ~eu th~n ten (10) d~ys in adra~xe of ~he expnahon of each policy, to dr
Gve~ ?o aid MORfGAGEE a re~uwaf thereof, ~ope~he~ w~~h a rece:pt io~ the prem~um oi such ronrwei: ar,d ther• ~hall !x no fire or wii~ds~orm iniurance
plsced w? any o) said buildings. any intero~l theran or pa~t Ihercoi, unless in ~he fonn a~xl wifA the lois payabte as alaesaid; a~d in Ihe •veM •ny wm
of morisy bccanes peyable under such policy w pol:cies iaid MORIGAGEE fhall heve ~he opnon lo ~ece~vo and apNly tM same on acco~~.t o1 Ihe indebted-
neif secured hareby O~ f0 plrmit laid MORTGA~iOR$ 10 flCeivO ~nd ut0 if O? any pa~l Ihrr~wl tor oth~~r ~i~r*oses, ~v~ti»ut th_reui wa~'.~~3 i.~ ui:pau-
in9 ~~y eqwty, Iron o~ r~gh1 under a by virlus o~ Ih~s morrqape; anJ in 1he event sa~d A1URTvAGORS fhall iw any reason Iail to keep the sa~d prcmise~ so
~ns~red, Or tail b delive~ prwnptly sny of iaid polK~es ol ~naurance to taid MORIGAGEE, or laii promptly 10 ~~ay fuily any pre~nium Ihctefot p in a~y
respect f•il ro p.rtwm, d~scha~ye, exccute, effett, tomplete, canply wi~h and ab~de by this cove ..+nt. or any parl h~reoi, said MGRTGAGEE may place snd
p~y io~ such insurancs or any par/ thereoi w~thout waivi~p ot •tfectiny any opt~on. lien, equ~ty, or r~ght under or by virtue of thiti Morrfla9e, •nd the
1~i1 amovm o( e~ch and every such paymeo~ shall b~ im~ned~ate~y due and payabte ~~~d shell bear interes~ fran the date thereof un~~l pa~d ~t the ~ate ol
mne per teatum ~~nnum and ta;~ethrr w+tA futh interesl sFwli be srcured by tM lien o1 thii r.wrtgage.
1, To {xrmif, commit w suffer no wa~ts, imp~irment or deterioretion of said property w a~y pa?t thereof.
S. To pay aIl •nd sirgular the costs, charge~ ar+d e~penses, includin9 a reasonsble a:rornry's fee and costs of abstracts of title, incurred or psid ~I
er.y time by said MORTGAGEE, bsca~se a in ~he even~ of tlur fadure on the pact of the faid MORiGAGOR ro du!y, promptly and fully pe~Form, d~scha~ge.
rxrcute, ef(et~, tompteta, cwnply w~th and ab:de by each and every the atipu~a~~ons, agreemrnts, conJitions, snd covenants of •a~d promifsory note a~~d ~h~~
n,orrgsy~ any w either, and ae.d coats, thuges arxl eapenses, exh and eve.y, shell be ~mmrd~ate~y dve and payab!e; whather p not ttiere be no+~ce do-
mand, ~nempl to cotlect or s~it pendu~g; and the full amounl of each •nd every such paymem ahali bea. interest from thc date thereof uoti~ pe~d ~t ~I~e
~.~~e oi ni~x per crntum ~x~+ annu:~+; and all said costs, ct~arges and expe~~ses inturred or paid, toyetl~er w~th such inttres~, fhall be secured by the i~vn of th~~
mortpay~.
6. TAa? (a) i~ the evenf of a~y bresch of this lNortqagt oi deiault o~ the part of the htORTG~GOR, or ;b) in rFu event eny ol sa:d svms of money
here~n refened to b~ not promptly and lully p~~d withit~ th,rty (30) days ne¦t afn_r ~he sa•ne seve~a:Iy becane due and payable, wn?wut de+nand a ootice,
e~ ~c) in the eveM esch and every the ftipulat~onL agreemeros, co~d~hons and covenants Of sa.d p~omissory no!r arxl th~s mortgage any w e~ther ~re nol
iu!y, promptly and I~IIy perfwmed, d:scFnugcd, eaec~fed, eifected, cempleted, co.r+Flied wi~h and ab~drd Sy, then ~o e~ther w any such even~ the s~id ~g
~regate sum menrion~d in said promisswy note thrn rcmaining unpa~d, with in~e~est acuued, and a~l ~noneys secured hercby, shatl become due and pay
abte (erlhwith, or thereaiter, at the option of sa~d MORiGAGff. as fully aid completely ~s if aIi oF ~hc s.ud sums of money were w~g~naily iripulated
ro tx pa~d on such day, anything in sa:d prom~sso~y note or in this Mwtgage to the conrrary notw~~hata~~d~~~g; and thereupon or thereafte~ a~ the op~~on of
sa.d MORTGAGEE, without nonce a demar.d, fuit et law or in equ~ty, therefore w therealter bey~n, mey be proaecuted aa if sif moneys secuted hereby
nad ~uturcd pr~w to as ~nsutut~on.
7, That in ~he event that at the beginntng of or ~t any time pend~ny any su~t upon this Mor~9age, or to fo~eclose i~, o~ to reform it, or to enforc~
Facment of ~ny ctaims Fe~eunder, said MORTGAGEE sl+all spply ro the Court hav~ng ~umdct~on thereof }o~ the a~>µo~nrmen? of a Recciver, wch Cour1 shall
iurrhwirA appo~M e rece~~er af sa~d mwtyaged p~ooe~~y all ~nd s~ngule?, includ.ng ail and s~ng~~ar ~he income, prof~b, isa~es and revenues from whate~er
s,~~~~ce derivcd, each and every of wh~ch, it being eapresily unden~ood. ~s hereby mor~gaged as i! spec.f~caily set forth and described in ~he p~ant~ny and
habend~m clause~ he~eof, and such Receiver_+ha11 h~ve all the broad and effecfive tuncr~ons and powero in anyw~se envvsted by a Court to a Rec~ive~, and
s. ch sppointment shaH be made by svch Gourf as an admitted equity and s r+wner of absol~te nght to se~d MORiGl+GEE, a~d w~thout refercnce to the
a:iequacy o? inadequacy of the value of the prope:ty mortgayed or to the so:vency w~nso:verxy of sa~d MORiGAGOR o~ the defendants, and that such
rents, ptof~ts, inco~ne, iuues end revenues shall be applied by such Receive~ xcord~ng to the I~en or equity ol ta~d MORiGAGEE and the prachce oF such
Court. .
9. To duly, promptly and fully perfam, discharge, eaecute, eifect, comF+lete, comply with and ab~de by each and every the stipulations, sgreements,
conditions and covenanrs m sa~d prom~ssory nofe and th~s mwtgage see lorth.
9_ That in the event ~he ownershlp of the mortgaged premises, or any part tnereof, becomes vested in ~ person o~he~ than the MORTGAGOR, 1M
h1QRTGAGEE, its successors and ass~gns, may, witF,o~t r.o~ice to the MORTGAOR, dea~ w~th such svccessor or successor in interest wi~h re(erence to thii
n•ortgsge a~d the debt hereby secured in ihe same manner as with Mortgagor w~thout in any way vit~ating w d~xhaig~ng the Mortgagori liabihty here-
~nder or upon the debt hereby secured. No sa?e of tht premises hereby moitgaged and no ~orbea~ance on the part of the MORTGAGEE w its fucce:sors
er eas~gns and no exrr.ns~an of ~he t~me iw the payment of the deb+ hereby secured g~ven by tne MORiGAGE'_ o~ its successors or au~gns, shall operate
~o rdeaae, d~scher9e, modify change or etfect ~he arig~nal liab:i~ty of the MORTGAGOR here~o, either in whole or in pait.
10. It is spec~ficaliy agreed tha~ time is of the esunce of this contract and that no waiver of any obl:ga~~on hereunder or ot the obligation sr
cured hereby sh~11 at any time thereafter be held to be a wa~ver of the terms he~eol a af thc instr~ment sec~red herby.
11. In a~+d.t:o~ to ~he forego'ng monthly payments of princ pal and ineerest requ~red by the prom:ssory no+e s.c~red he~ebr, mortgagor covenants
i~d agrees to ;,ey to mo:~gagee ~ith each monthiy pay~.tent an add~nona! sum esr•~,a~ed by mortg3gee to be equal ro 1; 12 of ihe annual cost uf the foNow-
! A-A~i real properiy taxrs ?evied w assessed agar~st thc above destr~bed real estate.
i .
j 8-Pren:~;, as on i~re and windsto-m ~naurarce as herem requ:red to be urr~ed on the ~mproveme~ts s~tuate on the above d^scribed premises.
E
p C-Premiv~~~s o~ s~ch mortgage guaranty msurar•ce as mortgagee shall from t m.e to t~me deem fit to tarry on the loan secured hereby.
~ . ' from t~nie ro t~me noni mort a e~ ~n writ~ o~ the dT.OJ~I~ doc and a able hereunder and wch suT shal! thereu n be due and
Ma gagee sra~: Y 9 9 ^9 P Y Po
r~cab~e on the d,x na~e of the next month!y payment and each successive momh ~hereatrer ur.~it mortqagee shall nonfy mortgagor of a change in such
_^~a~nt. Such sum: sha !!~e app:~ed by mortgagee toward ~he payment of real property taxes, insurance prem.ums, a~td mortgage guaranty insurance ~
` . •emiumi. . •
' IN wlTriESS ~NHfREOF, the said MORTGAGOR has hereu~to set his hand and seal the day and year first aforesaid. {
€ 'gned, ated and d~~er +n the p~eser+ce of: F~Q AMD RECOROEO ~ (
~ t
s~. iucie cauNtr F~~. f
' ` _ ROGER FQIt1US (s~.n
~ CIERK CtRCU1T COURT ~
~ RECOR~ YEPtEtEO ;
~ - ePR i a~o g2 AM •1 i '
~ STATE Of FLORIDA r" ~ ~~yy^~S ~
~ cour~rr oF L~c ie j V~lb
~ e~fa~ ~ a.~,.uY appeared Rossie J~nkins a widow
~
~ ~his~wilr, to me wetl known snd known to me to be
~ the individual~ described in and who eaecuted the foaegan9 instrumsnt, snd uknowledged betore me that ~r executed the same for the purposef ~
~herein exprelfed. ~frMMi~i~_ - s~
~
~ W~4~E iheraed a a~prat~ ~nd~dWb 1
" uaroi~tir~~lr.toe.la~ar~vpa~+~Ls.av~+r+rlw~.ir~a+~d~wia~~~~wi~d9sdiaard~fo~~J6rt.~~~ee~Aer~a:~i~a~nnw~w~fwly?~d.~wMr~~ }
aD
~ r,d~?~r+r•,~w+l.~u?~rry-c~raprLi~?r~owYwi~t.+PP~eioiw~ ~1w~..Larl.o~iwsa~di..s6rari '
_ !
WITNESS my hand and off;c;al seal th~s_ _ day of_Aj~rfl _ _ A. 0. 19~L
- -if ~ . ~111-1L~~lSZ-
Nd ry Public in •nd for the State of Fbrid~ at larp~
; - My Comm~ubn expires:
Return To: NOT.1Rl PUBLICr STATE OF f10R1DA AT WlGE
1'~Y C'JMMIS~f7N EXPIRES SEPT. 23 1q73
:t fint Federal Savings 3 loan Associar.on 1 J`1 . ~
. F, w~oEO rr~u E~o a~sr~~aw~
_ Of fort P erce
~ Fort Vierce, Fior~de : i
% ~
- ` Q C, C~ ~ .,r ~ 1 _
_ • . J
^ • f , • ~
_ • ~-`~Q' ~J~ : C•i
~ This Instrument Prepared By Tllq~as p. DtisFq~ ~`,Q'
- First Federal Savings b Loan Association ; , ~ •r ;
= of Fort Pierce~ Florida r/?~
~ Checked By ~ - ~ .
;
~~~K 191 2132 ~ f '
~ - - ~ ~
~ _ _ _ _ . , ~ ~ _ .