HomeMy WebLinkAbout0720 ~
~_+~~_----LZ~ -
l~ i~ ~ yy~~ wM
To piace ar?d cominuovily k~sp on th~ b~?itdinps iaw or Mr~sftw Wtv+~~ o~ sald land and c~ +11 equipment and p~no~aily cov~r~d by thii mat¢
ap~. with all prun;wns tMnon psid in fu14 fi~~ iniwanc~ in tlw usual ~tanda~d policy fwm, io a wm approvsd by t1w MOR(GAGEE. a~tid windatorm
in+wa?c~ in the usuaf sund~.d pol~cy torm, in a wm approvsd by th~ MORTGAGEE, In iuch company or comp+nits ~a th~ MORTGAGEE may
dinctj ~nd ~II fin and windsarm inswuiu polkiei on ~Mr qj aaid buiWirp~, ~~y iMensl 1Mrsin o~ put Ih~~wi, in th~ aygreyate a~m atati~id or
in u~pss tiwrwi, sh~ll ooetain ~M vawl sunda+d ma~ga~ claws o? such otha ciww a ~h~ Muryays~ may Kq~~r~. makirp ~M !ws undK w~d pol~
ciea, eath ad ~very. piYsbl~ to u1d MORIGAGEE ~1 ip intere~t may app~ar, and eacti ane/ ~very wch poiicy ~hall b~ promptly us.p~ed ~nd detivercd fo
~ny Mld by said MORTGI~GEE ai turther sec~~ity to s~id mon~sye d~bt, and, no~ I~u than ten (1~ dayi in adw~ce of ~hs ~apiration oi each policy, ro dr
liwr to s~Id AItQRiG/IGEE • nnew~l therwf, tope~Mr with ~ retYipt for 1he premium of svch renewalj and tF?~r~ shail b~ no f~r~ o~ winds~wm i~wra~ce
pl~ced oo My o( said b~ildinps ~ny intenst tMr~~n w part tMrwf, v~kss in ~hs form ~nd w;~h th~ lois p~ysble as ~tonsaid~ ~nd in ~M ~vMt ~oy sum
of ma»Y becoma P+Y+bf~ u~xMr wcb potky or polici~s taid N~ORTGAGEE ihall Aaw ~he optron ro rsceive end apply the san» on auovnl ot th~ i~bfed~
nets ftcur~d Mrtpy p fo pamil faid MORTGAGORS to reeeiw and us~ h Or any part thereof (w other purposes, witho~l tha~eb/ waivi~~ or ~mpair-
irg any puiry, li~e~ ot ~p61 u~r p br virtw o1 tha mprtys9ej ~~?d in th~ ~ven~ a~id MORTGAGORS shatl iw any reason fait ro keep the s~id pnmises so
insw~d, a tdl w deliv~ promptly any of ~ai~,1 policiai of in~wanc~ ro said MORTGAGEE, w tail promptly ~o pay fully ~ny premwm therefor a in any
r~ip~ct fail b p~rform, dischu9e, ~x~c~IR, ~f(M, compi~ts, compiy with and ~b~ by this covenant, or any part h_veof, said MORTGAGEE may pl~ce and
p+Y fw such inwr~nce o~ any part tl~eof without waivinq a affecttrp u?y option, lien, equity, o~ ~i~M under a by virtw of this Mor~psps, ~nd Iht
full amount of ~ach and ewry suth paymsnt ahali b~ immedi~teiy dw aod p~yabN and sFwll bear ir~terest from the dat~ thereof until paid ~1 th~ rale ot ~
nirw pN centum pet +~num and togethe~ vrith s~ch interest shali be secured by 11» lien of this mon~~ge.
1. To p~rmit, commit or suff~r no wast~, impairmenf a deteriw~tion of ssid property or any pan thereof.
S. To pay alt uK! sinputu ths cos/s, ci~upfs snd ~xpenset, axludi.p a rresonabk attorne~ s fee and costs of abstract~ of title, i~curred or peid ~t
any tinw by said MpRTGl1GfE, 6ecause a in t!» sv~nt of the failwe on ~he pah of tl+~ said MORTGAGOQ to duly, p~pmptty ~nd fully p~rfam, d~scharpe,
ezecut~, ~t(~, complet~, com~ly w,~h ar+d ab;d~ by ~ach and avery rhe itipula+~ons, agreemenn, c«+d~~ior+s, ~nd covr~ants of said promissory ~ote and this
~r•artq+p~ +ny w alher. ~nd sa;d cosn, chupes and ~xperues, each and wery. sh~ll be immediatcly due a~d payable: whe~her o~ ~o? the,e be not~ce da
r+iand, ~ttempt ro cellect or wit pend~ng; and tM fvll a~~wunt of each and every s~ch paymsnt shall beu interest from Ihe date tMreof ~nti1 p~id sf tAe
rate of ~irK p~~ ce~tum per ~n,~um; and aft said cpsts, cheryes and expt~eses ir~tuned p paid, tope~her w~th suc!? interest, shall bs aecwed by the iien of this
^'orp~W.
6, Th~t in tM ~v~nt of any brcxh of this Mort9ay~ w default on the part of the MORTGAGOR, a(b) in the event •ny ot sa~d wms of money
herein refe~red ro bs not promptly and (utiy paid within thirty (30) days next atter the same ~ereaally bccome due snd payable, wltlwut demsnd o~ notite,
or in the ereet e~ch and evary t1x s~ipulatio.~s. syr~emtnts, conditions srxl covs.unts of sa:d p.anisswy ~ote and thia mo~tqape any or e~ther are nw
iuly, proRplly u~d fvlly ptrfwmed, discF?arged. •xecuted, effec~ed, compkted, compGcd wiih and ao~ded by, ~hen in e~ther or sny such ev~M tFK uid a¢
yreQai~ wm mentior~ed k? said pron,iuwy note then remaininp vnpa~d, with inreresl acuusd. snd ati mo~eys secured hereby, shall become dw ~nd p~y-
able iorthw+tA, 01 tIf@fNf1N. at the option ot ia~d MORTGAGEE, as Iully and comptetely as it aq of et,e said sums of mo~ey were orginally sGpulsted
to bs paid on such dsy, anythirg in u~d p~om~asory note or in this Mwt~age ~o ~hs cw~i~ary notwiihstsnd;ng; and tl~ereupon or thereafte~ at tl+e op~ion of
said MORTGAGEE~ Wi1~MIlT flp11C0 or demand, suit N law p in equity, therefwe w thereafter begun, may be p~osecuted ~s if all moneys satvrtd 1~ereby
twd matwed p~~or to its ir~stitWion.
7. Th~t in the avent that at the beginning ot w at any time pendirg any suir vpw? this Mortpafla, o? fo fo~eclose it, of so rofam it, w to er~fwu
paYmen~ of ~ny claims haeunde~, said MORTGAGEE shatl apply fo Ihe Cov~1 having jurisdittiw~ thereof fw the appo~ntmenl of a Receiver, such Court sh~ll
f«thwith appan? a receiver of uid mprt9aged prpperty all and s~npulai, inelud.ng a11 and ~ingular the income, profi~s, issues and revenuet from wMrever
wura detived. each and every oi wbich, il beinp lxpressfy understood. is hereby rtwngaged as if spec~(iuity sel fath and destribed in tha grantiny and
habendum clavtts he?eoi, and such Rcceirer shall h~w ~II ~he broad and ef(ective fvr?ctions and powcrs in anywi:e entrusted by a Coui1 to a Receiver, a~
+uch appointment shalt be made by such Cowt as an ad'mitted equity and a ma~ter of absolute nght to sa;d MORTGAGEF, and withovf referertce to tF~s
adeqvacy p i~adeqvacy of tF~e wlue of the prope~ty wartgayed or to the sowency o~ insolvency of said MORiGAGOR a the defendann, and that such
~enrs, prof;ts, income, issv~y ~nd revenves slw~~ be ~pp~;~d by iuch Receiver accord~ny to the lien « equity of said 1NORTGAGEE and the prxrice ot wch
Caxt.
8. To duly. pranptty and fu:ly per:orm, discFwr~, execut~, effed, compiate. compty wieh ard ab~de by e+ch snd wery the stipulsti~?s, egreemenn.
condi•ions and cove~ants i~ sa~d premisso?y note and this mortgage set forth
9. Th~t in the eveM tF?e owne?ship of the mortgaqed premises. a any part thereof, becorRes'.~ested in a penp~ othe~ than the MORTGAGOR, the
MORTGAGEE, ib wccesswa and auigr~s, msy, wi~hout no~ice to the MORTGAOR, dcal with svch successa p:vccessor in interest with refcrence to this ~
mortype u~d the debl hereby secvred in the same marnet as with Mortgagp without in any way vit:ating w diuharging the Nbrtgagors liability hen-
unde~ or upon fhe dcbt hEreby secured. No w!e ol th~ ~remises he~eby mwtgaged snd no forbes?ance on the part of the MORTGAGEE or its tuccesaon
c~ +uigns and no exrension of tht fime for the payment of the debt here~y secured given by the N10RTGAGE' or its su~cessors ot ~ssigm, ~hall Operaq
to rekase, dixharye, mod~fy change or effect the oriyinal liab~lity of fhe 1~tORTGAGOR hereiq either in whole or in parf.
10. it is speu/icatty agreed that time is o! the essence of this con+ract and thst no waive~ of any obt~gation he~eunder w of 1he oblipetion te-
tvred h~reby shalt at any time thereafie? be held to be a waivcr of the terms hereof or of the instrument secured he~by.
I1. In add:+io~ to the fwogo:ng monthly payments of princ'pa! and interest required by the prpmissory nore secured hereby, mortgagor cpvena~ts
and agrees to pay to martgagee w;th each mor~thty payrnent an eddirional sum est~mated by mortgagee to be eqval to 1~'12•of the annual cost of the folbw-
'ng:
A-All reai property laxes kvied q asussea against thc above dexriEed reat esbte.
B-Prem~oms on fire and windsio:m i~rance as here~n requ~red fo be ca.~ied on the improvements situate on the above dascribtd premisrs.
C-Premium: on such mortga4e gwranty inswance as mortgagee shali from r~me to ti~ne deem fit ro carry as the ban secured hereby.
Mortgagx shail from time to time notify mortgago? ~n writing of the amouM due and payabk herwnder and suth wm shaU thereupon be due and
payabk on the due date of the next mord6ly paymem and esch successive month therea(ter ur.til mortgagee sFw11 not;{y mo~tgagor of a chanye in such
amouM. Such sums sF.att ix app!ied by mwtgagee toward Nx psyment of real property taxes, insurance prem:ums, and mwf8~ 9w~~h ~~?~~rue
premium~.
IN ITNESS WHEREOF. e sai IYIpRTGAGOR haa hereumo sef his hand ar+d seal the day and yes? first aforessid.
e Seale and ~ n tf+e presence of: %'L(/u/`'`'` ~
fi~o ~NO aEC~~~~ r `
tt. ~uc~E cou~ r ~ -cs~•n
RQCER P01TRA= Za v in . rin1~£~-
CLERK CIRCUiT COU n
IIECORO VERIfIEO e . ~ o ~
- n
srare pF FtoRtoA ~ 'Z 2~ ~
courm oF St . Lucie ~
eeto.e m. persoM~y ,ppe,.ed Ca 2vin R. Tripl et t
~nd
.lOyC@ S. Triplett his wife, to me well known and known ro me b be
~ha iredndua~s described in and who O7[KVt~ ths ioregoiny instrwnent, and ~cicnowleclyed before me that they executed ths sarn~ fw the purpoies
rhe~ein .up..ssad. a?d ~+~s said- Jovic e S. T r ipl et t
w~fe of d+. ..d C a lv in R. TY ipl et t ~~„te ~~ry~~~
exam7rut~on by me ta4en separate snd aparl /rom her said hus~and, stknowtedgcd tu and before me that she executed said iratrument fre~ly and volurr
ron{y and nr;ttw~rt any compuliion, comtraint, sppehension or hu of w from her said Fwsb~,nd.
WITNESS my hand and official seal thi~ day of ~''ay 71
A. D. 19
. /S d~t
NWary Public ir? a+d for t St .e of E'b~ida..+t. ~
~'i.
My Commiuion e:pires• /IC~ `~'~i ~,s1~~r~i~,~~:
Refwn ia.
- ' . ~
Fiqt F~der~l Ssvirgs i las~ Association *,r'? . y.t,?~ Ju
Of fort P;erce. /d - ~ ~ ~
~~Or •'~~~~t '
FOrt Peercl, ffotida ~ v:~ ~(•~v•• ~
• ~
:
= ~ Q'•'_ ~ i-
_ :4; Xi~~~ - : c:- _
•v.,~, C1 ; : p
..,~l. , ~~'r ; „ ;
. Q..~~
This Ir~strument Prepared By Richarc! K. Kayes ~"~6 < ~ 4,~-
First Federa! Savings b loan Association ':,J~~',r~~;~;; e~~=
' of Fort Pierce, Floricla •,~~i;:_~~rS~A1ti''
_
~ . ~
Checlced 6y ~OQ% ~ .~~Q
V
. . ~ .
3 ~
: _ _ . _ :
- . . ~ - - _
_ - 3
a^!' :.eV'.e •~'Y'.
~~~~~~~~~~te.~ . a i ~~'.`~~~+~L.`.i .