HomeMy WebLinkAbout1773 . .:t • j 1
To pl~ and contbwwusly k~ap on tM buitdinps eaw w Mreaher utuah oe said land and ort ~ll equtpmen~ and pertonaily covend by ~ki~ morq~
+p~, with ~11 pr~eniwr~s tl+~~~on paid in fu14 f~n insuru~e~ in tM viwl uaodard poliey iam, ie a wm approwd by the MORTGAGEE. u+d winditorm
insaa~c~ h tM vswl ~qnda.d pol;cy forny in • sum spprov~d by rhe MORTi',AGEE, ie wch tanpany w compani~s at th~ MORTGAGEE msy
dinttr +ed all fin ~nd wind~a~en inswanp pdiei~s on ~ny of iaid build;nyf„ ~ny inh~~st tF~~in o~ parl iher~of, in fFw a~yrtpat~ ~um ~fassaid w
M uce~as ~herwf, ahall contain th~ uswl u«+dard ma?papM daw~ a wch o~her clauw a tM Mor~payN may nquir~. m~kinp tl» loa w+de. as~d poti~
cia, ~ad~ and ~vNy. p~Y~bl~ q Nid Iy{pRiGAGEf as iq int~nsf maY apptar. and tach uw! ~ve~y svcl+ policy ahall b~ prompely asi:~ned and deliv~red to
~ny MW by said MORiW?~EE q tu?tl+a :ecv~ity to said mor~9ay~ d~bt, ~nd. ~wt les~ th~n t~n (10) days in advar?c~ of ths ~xpir~tron of ~ach polity, ro dr
liwr ro a~id MORTGAGEE a ry~wal t1~oi, to~e~i~ with • reuq~i iw itw r,:o~~,:w~. a: sv:ls :::.:;::al; a::d !!:ta: sRa!! ~e !x~ f~•e or w;nda~o.m inw~anc~
plapd on aey of ~aid bvildM~pt„ ~ny 1MNHt t1M~~ii1 q put thKSOf, unleu in tM fo~m ~nd wc~h ~hs Ioss p+Y+b1. as ~fo~ttaid: ~nd in tM ~vent ~ny swn
of nweKy b~corn~~ p~yabb und~r wch policy a polici~s s+id MORTGAGEE ahalt iww ~M opt~on to receiv~ ~nd apply t4s same on account of tl,~ indab~ed-
n~ss s~cwecl M~~by a to p~.mi~ s+id MORTGAGOiiS ro nesiw and uK M o. any pu~ thereot fw orher purposes. wi~hout ~ha.ebr waiv~~.g ar ~mpa~r
inp anr puify. Iwn w ripht ued~~ a by virtw of this mwt~ape~ a~d i~ the ~vMi sa~d /y~pRTGAGpRS ihall tor any r~ason fail to keap the isid premius so
insw~d. a fali 1o de~iver promptiy ~~y of i0~ pOiKK~ OT ir-.w:«.w ia u~d C~t~ltTGAGL,*., ~!s:': ;-.r.-~,:ty M pay fv'?Y a»p r-••.;,.,.. ~l..,.fy n. tn inr
~~apef fNl b pwlan~, disch~r~, ~~e~cut~ ~ffM, complet~, comply wiM ~nd abid~ by this covenant, or any part hNeof, s~id MORTGAGEE may placr a~,d
paY fa such ~awanc. or .oY pan rhe?wf witlw~rt waivirg «.ff«rt~p anr oa~on, ~~n, equ~~y, or ri~h~ vr+dN a by virfw of this Mar~a~~, and the
fult amovnt o~ tacA uid ~vsry wcA paym~nt shall b~ imrn~d'at~ly dw and pyaW~ aod sMtl be~r intere~t (~om tFw dat~ thereof vntil paid a~ tM rat~ oi
~irw pN ca?tum p~r annwn ind topNher with svch intaest ~Mli t» s~cw~d by tM IiM of this mortga~~.
To pKmit, oommit or wffK ew wut~. hnpa'vr?wnt or d~~eriwuion of said property or ~ny put the~eof.
S. To pay all and akqvla~ tM costs, ch+p~s K+d ~xpenws, incl~dinp • ~~aianabl~ ~tto~ney's fee and costs of abstracts ot titte. i~cwred w paid ~t
any tirr~ by s~id MORTGAGEE, betav~t a in th~ tvant of ~!w failws on ths part of the said NIORTGAGOR to duly, promptly u~d fully po~form, d~schaqa
~xecvt~. ~ff~ct, compl~t~. comply with u~d abld~ by ~ach ~od every tFr stipula~~ons, ap~eemen», caxlitiona, ~nd covenanb of said promiisory note and ~his
n+orqap~ +ihr or ei~har. and said coty, cMr~es and ~apens~s. ~ach +nd wery. sMlt b~ immediately due and payible: whether or not tF+ere be nof~ce d~
rrurd, atttmpt w collect or wit p~~dinqj ~nd tM full amount of each ~rd ~y svch payment ihall be~r interost f~om the date thereof until paid at the
rote of nirK per centvm per ~n~wm: ~nd all said cous, tl~ar~ ~~d exp~nses inWrred or p~id, lopelher with s~th iMarest, shall bs aacured by th~ lien o( this
^'wg+Q~. '
6. Tlwt (i) in the event of ~ny be~ch of tha Mort9ag~ w defwh an the p~n of the MORTGAGpR, w(b) in the event any of ~a1d swry of money
her~in ~~fKr~d to b~ no1 prompNy ~nd fufly p~id wirhin thi.ty (30) days nexl aftcr ~he same xveratly become due and payabl~, without demand a notice.
or in Me ev~nt ~ach snd evc.y th~ stip~latior~s, apreemsnts, conditian and cwenann of sa;d promiuory no~e a+d th~s mwtqayc any or either are not
iuly, promptlY u~d fuly perfamed. diuhar9ed. ~zetoted, ~ffected, complehd, complied wi~h and abided by. then in e~ther w any such went ~}?e s~id aq~
qregab sum memioned in said promissory nole then remaieinp unpaid. with intc~est a<crued. end atl money secured herebY, shall becomp du~ and pay-
able forthwith, or thareafte~, at the opeion of said MORTGAGEE, as fvlly and completely as if al! ol ~he said sums of money uvere wginally stiputated
to be paid on wch day, anything in ssid prom;uary rafe w in this Matyaye to the contrary notwithstanding; and tF~erevpon a thereafter af the option of
seid MORTGAGFE, withovt rqtice a dem~nd, su;t af law a i~ equity, thcrefore w thereattcr begun, may be prosecuted as if a!1 money~ secured hereby
had m~twed pna ro its institution.
7. That in ths eve~t Ihat ~t the begir?rtirg of p af a~y time pending sny ~vif upon this Mwtgage, or to faeclose it, or ro reform it, w to enfwp
payment of any ctaims herev~der, said MpRTGAGEE sl+all apply to !hc Coun Mring jurisd;crion thereof fw ths appoiMment of a Receiver, such Co~n iMlt
iorthwith sppoinl s receiver of said mwt9aged propertY all u~d sinpvlu, i~cludug aU and iingufar th~ irxome. p~ofits, issues and revenuea from whatever
wurq derived. each and every of wh~ch, it beinp eapressly u~dersiood, is hercby mwrgaged es if spec~ficafly set lorrh and dewibed in the ~ranrinp and
habend~Nn d~~set he~eol, and such Receiver sMll I+~w all IF~ broad and effective funct~ons and powcn in anywise entrusted by s Court to ~ Receiver, and
such appointment shall be made by such Caxt u~n admitted eq~ity aed a maner of ~b:elute ripht ta said MORTGAGEE. and wi~Fwu~ reference to the
edeqw~l~ e? i~adequ+cy of the value of the properh mort~aQed or to tht sohrt~cy or insoivency of said MORTGAGOR or the defendants, u?d that iuch
renn, profin, income, iswes and rsvenws shall b~ applied by such Receiver xcordinp to ths lien a eqvity of said MORiGAGEE and the p?utice of such
Court.
8. To duly. promptly and fulFy perform, d'ncharye. execute, effect, compkre. complY wi~b and sbide by ead? and erery the stipvlations, ayreemeots,
condiYans and covenants in sald promissory not~ and this mortyspe set forth.
9. Thst in the event the ewnenhip of the mortga~ed pre,nises, w any put thereof, bccomes vested In a psrson other than the MORTGAGOR, th~ ~
MORTGAGEE, ib suc~euo?s snd assigns, may, without notice to r1~e MORTGAOR, dea~ with svch wtteupr p succeasw en interost with ?efcrrnce to thia
matgs~e and the debl hereby secwed i~ the sarne ms~ner as with Mortgagor without in ~~y way vitiating or dixharging the Mwtgagon' li~bility here-
under or ~pon the debt hereby aecured_ No sale of the Fremius 1~crcby mwtg~ged arn! no forbearance on the pan oi the /µQRTGAGEE or its tutcesson
o~ auigro and no e~e?e~s7on of the time for the payrn~m of the debt hereby secured given by the MORiGAGEf w its successws w aasigns, H'~all operate
~a release, d~schar9e. modify change u affect the wi~inal (iabil~ty of the MORiGAGOR herein. ~ither in whok or in part. ~
10. It is speNfically agreed that time a of th~ essence of this contract and that no waiver of any obli9at7on hereu~der or of ths obtgation se-
cured hereby shtN st any time tFieaeafter be held to be a waive? of the terms hereof p of the instrument secured herby.
/1. In sdd;tion to the fo~ego:rg monthlY psymmts of prin~ pal and interest requ~red by the {xomissory note secured hereby, mwtgagor cove~?ants
erx! agrees to pay to martgagee with esch monthly payment an additional sum estimated by mortgagee ro be equal to 1 j l2 of the annual cost of the follow-
_
A-AN real prope~ty taxes kvied a assessed againsf the above dewibed resl estate.
8-Premiur:u on fire snd windstorm insurance as herein requ~red to be carried on the improveme~ts situate on the above dexribrd premises.
C-Premivms on such mortgage gwranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby.
Mwtgagee shaU from time to time notify mwtyagor in writing of the amounf due and payabtt hereunder and suth sum shaN therevpon be due and
payable on the due date of the next monthly paymenf snd each successive rtwnth thereafier vr,til mortgagee shall not~fy mortgagor of s change in s~xh
amount. Such sums sF~ail be applied by mwtgagee tov.a,-d the payment of roal property taaes, insurance prem:ums, and mortgaye guaranty inwr~nca
p~tmiums. .
IN WITNESS WHEREOF, the said MORTGAGOR hss hereunto set his ha~d u~d seal the ay and r fint afw '
~ Se9 . Seakd and delivered in the presence of: fIlEO ANO RECOR~Eb ~ .
ST. UICIE COltllTY ~aw•
ROCER POITRAS a,~ +4
CIER[ CIRCUIT CO1~IT ,q.
RECORO YERlFIEO~~
M~Y 20 9 io ~M't 1
, STATE OF FLOitIDA
COUNTY OF - St?• I~C~B ~ ~ ~~i~7~~
d~tore rrK p~nonally appeued ~d R. ~~1'tr8 a~d
.S~» ~ Rs ~~1'~d his wife, to me well known snd known fo me to be
the ind,vdwb descrcbed in snd who ~xecvted the~ foreyoinp irutrunMt, snd ackrawlsclped before me that ~hey execured t1~a same !a ths PurPoses
~+~«n .xa~. ~?.~a ,.~a Sandra R. iberts
wlls of tF~s s~ed ~181d R. ~.b8!'fi8 ~pon , separ.te and priva»
e:sminaYwn by me tsken separafe and apsrt from her said husband, adcnpw(edged fp and before me that she executed said instrument freely and volun-
rar~iy ~nd witAout ae~y compvtsion, corutra;nt, apprel+ension, or f~a of or from her ~aid fwsbsnd.
WITNf55 my hand and officia! ua! thia ~g,~ day of_ 4 ~ A, D. 19_ZL
_ ~w.G`~ ~'h c~LL14.~~t~ -
l~ot~ry Public in snd fw the Stat~ of Fbrid~ N lar~
'1iRr, Coovoiuion expir~s:
Retwn To: `<<pNHM;~~~;Sr~ 3~TAQ( PUdL1Cr fTATE OF FLORIOA At ~ARlit
f;nf Federal Saving~ d, losn Aasocistion "~~`~~.t.Y~s y•~~y ~MISSION EXPIRES SEPT. 23, 1973
i
Of Fort P~erce. ~ ~ • .
~ ~ . : ; ^ ~0116~ iNrl N~ OIfSiELNORl1
• •
Fort Pierce. Florids r ~ : ~s' - e .
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This Instrument Prepared By Jp~p W. ~pjj~ _.lYa`.:~
First Federal Savings b Loan Association ~;ti'~ t~+-;rQ;
;~l~~"'~.~
of Fort Pierce~ F10P'id8 7` ;
, ~1y° _
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Checked B '`.'~~J•"'•~n,~•
Y
BflOK
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