HomeMy WebLinkAbout2523 To pl~ ~nd tonti~+vously kNp on tM buifdioq~ now o~ Mr~~1tN titwt~ on s~~d la~d and on all equ;pmtnt ~nd paton~lly covtr~d by thi~ ma~p- ~
p~, with ~il {x~eniumt 1Aaton pa~d in fvll, fir~ inaur~r?c~ in tM usual ftand~~d poticy to~m, iit •~um aN{xov~d by tM MORIGAGEE, a~d windttwm i
inswanc~ i~ tM wwl ~u~~d pol~cy fam, in ~ sum approv~d by ~M MORiGAGEE. in f~ch compu+y or compan~~s ~s th~ MORTG/~GEE may j
d~nct; and ~fl fir~ ~++d windsa~m i~wann polkiN on ~ny of i~id build~np~. ~ey tnt~re~~ tF+~~ein w par~ thereof, t~ ~M ~py~eyaq tum ~lo«taid a
in ~ztta ?herwf, tMll ca+taia tM uswl u~ndud mortyag~~ tlaus~ a ~uch oUw~ clauw IM Malpe9ce may requin. malinp ths fou unde~ ta~d poll-
cie~, eacA ~~d ~w+y. My+bl~ ro~~id MORTGAGEE u it~ in~ksst may app~+r, ~nd each and every such poi;cy ~hatl b~ promptly a~s.9n~d ~~1d ~QI1Ytfld ~o
~ny fwld by atid AM1ORTGAGEf ~a turtMr aecv?iy to tisid mw~y+~ debt, and, nol Itu 1Mn ~en (t0) days in sdvante oi ~he expi~ation ot e~ch policy, to d~-
I~wr to uid MOR[GAGEE • nntwal tMrwf, topN!?K with a r~c~ipt fa the pr~mium oi such ~enewalt and ~her~ shall be no I~+e or winds~orm intur~nc~
placed on s~y of said buildinpi, any interesl thNein a parl tMrsof, unft~s in Ihe fam and with 1h~ loss payabl~ ai afa~uid: and in Ihs sv~nt a~y sum
01 na~y becar~es p+y~Ws u~de~ such polity or policiss faid MORTGAGEE shaU Mw ~he op?~on ~o receive snd spply the s~me on accovM o1 tM i~debred-
neu stcvr~d hatby a~o permit said MORTGAGORS to teco+w ~nd uf1 It p 1ny part !h!r!O{ fOr Otlxr purpases, .vl~hout fh3r~q~ wdivi~~ O~ ~mpair-
inQ any tqvwry, liee~ w ryM uode~ w by virtw o1 this roorspapr, ~nd in tl?~ ~w.d stid MORTGAGORS sMU fw aey reason (sil to keep ~he s~id prem~us so
iniured, a fail to d~live~ om 11 of ssid liciss of insur~~ to said MORTGAGEE, a(ail rom rf to fvl! an Y ~
P~ P Y Y Po P P Y p+Y Y Y D+em~um Iherelw p in an
~esp~cl f~it b pKfor~R, diuha~qe, executt, ~(fM. compbt~, comply with a?+d ~bids by Ih~f covenant, ot any psrt Mreof, ~aid MORTGAGEE may pl~ce ~nd ~
paY fa i~ch k~wranc~ o~ any pa~t th~~eoi without w~ivinp or ~ffectinp a~y option, ti~n. eqv~ty, a righl ~nder a by virtw of ~hii Mo.ty~qs. ~nd the
tu11 amoum of tath and er~ry suth payment 1Mi1 b~ imrntdi~tely dw and paytble +nd ~hall bea? interesl irom Ihs date Ihereot until peid ~t ?hs rate ol
n~ne p~r c~ntum pN ~nnum and toqethe~ wirA euch int~res? ihali be iecured by tM li~~ of this mort9~ga. !
1, io p~rmit, cam~nh or wffK no wast~, knpa'ument or d~te~ior~tion ef said property w~~y pa~t thereof. ~
S. To pay atl ~d dnpular the cosh, charpn ~nd ~xp~nses, incl~dinp • r~asonabk strwney i fe~ and cosn of abst~acn oi title, irxurred w pud a~
eRy time by said MORTGAGfE, Mcaua~ a in tM ~vrot of tlw (ailwa on tM pan of ?M said MORTGAGOR to duly, prompNy and fully pe~form, d~xha.q~.
-aecot~, ~ffed, comp~e~, comply wah ~nd ~b:de by each ~nd every the sripvla~~ons, preemenrs, cond~tiau, s~d mvenants of sa~d p~om~ssory no~e and ihis
mwtpa~t any w eiiM+. ~nd sa~d costs, char~s and e~epenses. ~sch and wery, sMll be immediate~y due and payable: whe~hbr w not there be norice ds
mand, ~t~cmpt ro colkct a wit pend~n~; and the fui: srrauM of each and rve?y s~?ch paymem shali bear imerest from ~he d~te thereo! uMi! paid at the
rare o~ ni~ pe? cant~m per artnum; and all said costs, chu~es ~nd expenses incwrd a p~id, lo9ethe~ w~th such im~rs~t, ~hall b~ tecu~ed by the tien of thii
mwtpap~. _
6. TI?~t (a) i~ the trent of any beach of this Mortysp~ ot dafautt on ths p+rt of the AM1ORTGAGOR, w(b) in tM ewnt any of satd sums of money ;
herei~ nferred to be not promptly and fully psid wi!hin thirty (30) days neat afrer the same seve?a!ly become duE ~~d payabt~, without drm~nd w notica.
cr i~ the ~ve~t each and every tM stipufstiona, agraement~, conditans a++d covenan~a of sa;d promiuwy ~i`~t~ ~h~s mo~a~ ~iiSr{or elther are no1
iv~Y, promptly ar~d fuily perfamed. dfsch~r~ed. executed. tffected. tompleted, compl~ed wi+h ~nd ab~ded by. n~n either w Atiy iuch ~veat 11w sa~d ay.
greg~te wm mentio~ed i~ said promiuwy not~ then remaininp unp~~d, with ~nreres~ accrued, a~d aN moneyt secured haeby, shall become dw and pay~
ab~e futhwith, w thereafter, at the optiat o1 said MORTGAGEE, ~s fully and complNely as if ~II of ehe sa+d sums of money vrere wginally i~~pul~ted
!o be pu~d on suth day, a~ything in said promiuory nofe or in lhis Mwtpage to the contrary notwithftanding: and the?evpon w thereafte~ a1 fM opnon of
se~d MORTGAGEE, withoul notice or demand, iuit at law w in pvity, thereipe w therealter beQun, may be prosecvted ss if a11 moneys secured he?eby
nad mawred pno~ fo ~h institution.
7. Thst in the ~vent that ~t the be9ioning of w ~f any time pending aey su~t upon thia Mortgsge, w fo fweclose it, w ro ~eFam it, or to enfores
pay~nem of ~ny daims he+eunder, seid MORiGAGEE shatl ~pply ro the Goun hav~n9 jurisd~c~~on tMereof for ~he appointment of • Receiver, tuch Court shall
Fo~thwitl~ appoint a ~eteiver of ssid mort9aged property ~II a~d sinpular, inclvd~ng ail and singular tM incort~e, paofib, isluei •nd revenues irom whateve~
se~rce derived, each a~d every of whKh, it beinp expressly u~derstood, is F+ereby mortgsged :s ii spec~ficatty tet fwth and dewibed in the ~rsn~ing and
habendum cl~uses hereof, and such Receives sMaU h~ve +11 the broad and effect~ve func~~ona a~d powers in anyw~se entruared by ~ Court to a Receiver, and
~tch appointmtN thall be m+de by such Cowt ~s an ~dmined eqvity a~d a matrer of absolute r'~gh~ ro said MORTGAGEE, ~nd wishout reterence to rhe
adequacy p inadeqcixy of the vaive of the p~operfy mwt9a9ed or to the soivency a insotvency of said MORTGAGpR p the delendams, and that such
rems, profin, i~come, iuues and revenues iAall bs ippl~ed by such Receiver accord~ng to the lien w equity of wid MORTG/iGEE and the practice of such
Covrt.
8. To duty, promptly a~+d fvlly perform, dischsrpe, execute, effccr, mmpkte, comply w+tF~ and ab;de by e~ch ~od ~very the stipulations, agreements,
co»dit;ons and covcn~nrs :n sa~d promiswry note and this mwtyag~ set fwth.
9. That in ~he evem the ownenhip of ~he mortyaged premises. or a~y p~rt thereof. bccomes vested in a penon other than the MORTGAGOR, the ~
MpRTGAGEE, i~i auccesson and assgns, may, wi~hout no~ice to tF+e MORiGAOR, dcal with such successor or tuccessor in interpt with refcre~ce to this
mortgaye and the debl hereDy secured in the fame rt+anner as with Mo~tgaga withoul i~ any way vitiatir~ or discharginy Ihe Monyagprs' li~bility hcrr
under or upon the debt hereby sec~rcd. No sale of the Fremises hcreby mortgaged ~nd no (orbear~nce on the part ol Ihe NiORTGACsEE or irs successon ;
or augra and no eare.+s~on of the rime for the paymeret of the debt hereby secured yrven by the N10RTGAGE~~wtilti~t~uccessors or ~ssiyns, shall operaq ~
ro release, d~scMrye, rr,od~fy change or affect the wiginal liab~l~ty of the MORTGAGOR herein, eithe? in iirAo~e eY'fl~ p~?t. q
10. It is spec~fically agreed that time is of the esscnte of this contr~ct ~nd that no waiver of any obligation hereuntkr w of the obligation sr
cured hereby sh~lt at any time +hereaher be held to be a waiver of the terms hcreof o? of the instrument secured herby.
~
i 1. tn add,t:on ro the foreso:ng ~«w?:ty parmenr, o! princ'pal end intcrest requ'ued b~ the prom~ssory note sec~red hereby, matgagor covenants E
a~d agrees to pay to mortgagee w;th each monthly payment an adduional sum est~mated by matgagee to be equai to 1 J 12 of the annual cost of the follow-
~ng:
A-A!I •eal property taxes kvied or assessed ~gai~st Ihe above dexr;~ resl esute_ ~
B-P.em~v.^+s on f~re and winditorm ~~surar.ce as he~e~~ ~equ~red fo be carried on the ~mprovements sftuate op the above desc.;bed p~emiies. ?
C-Prem~ums a~ such moregeye guaranry inwrance as mortgagee shall from t~me ~o time deern fit to carry on the loa~ secured hereby. ~
1Nortgagee ~t+a~l frcm time to time notify mortgagw in writir+Q of the amount due and psyabte hereunder and such sum shal! therevpon be due and
~ayable on the due oate of the ne,~t monthJy payment and each successive month thereaftcr ~r,til mortgsgee shal) not~fy mo~tgagor of a change in such
a^~ou~t. Such sums sF.a:i ~ applied by mwtgagee toward the payment of ~eal property taaes, insurance prem:ums, and mortgaye guaranty inwrante
premiumf. ' ~
IN WITPiE55 WHFREOi, ~he said MORTGAGOR hat herevnto xt his hand and seal the day yes~ firsl atoresa' .
Si9ned. Sealed and delivered in fhe pes~ntt of: ~
n
a ' oe r
~
- ~ ~ c..LCh rs.~A
ness ~ raa . r ' ~n
SIATE OF]~ ~CQIV{~IE~IC(fT
cour~nr oF 7~-~+N-- ~+K..L~.~.-- ~ ~
b,tfl,. a„o,,,,~y Paul K. Roeder
IZS8 H. R06~= his wife, to me weU known and knowe? to me to ~
rhe individwb dew~b~d in ~nd who sx~cuted tF+~ forpou,p i~suwn~r?t. ~nd ackrwwtsdped befor~ rtwe fhat they exscuted t1~s iame fw tM p~rrposes ~
~n~~~~ .~.~.xe. ti,a n» ..:a irma H. R~o~der
Paul K. Roeder f
wr~I~ of rh. stid upon ..ep...t..na p.iwa
r.am~naiae~ by mr tsken separ~ts and apsrt from her uid husbsnd, adcnowledged to snd befpe rn~ that :he executed said inatrument frtely and volun-
ra; dy and w~tho~rt ~ny compubiw?. constnint, ~pprshensan, a f~a of or from her wid husb~nd.
WITNESS my Mnd snd offic~at seal this d~y of_ ~Y A. D. 19~_
7 L'.tt ~ ~
~;,s~, • Nwary Vublic i and for the St~te of~ ~t ~a~
~11 My Comm~uion expires: ORIteCLlCllt
, ~ . ~ s~..J« -
: F'~f_~ , ~~i"~"' ~'•fiOR BENNETT RU9<N~TRfN
` : .~'t~Evr~ V'~e!te: NOTARY PLIrL?~
- -'~~~1ik •.Y :d ~O`~'. MV Gu1dMiSS~pV X~JRN MAR, ~I. 1lli
- ~ 3 -3! -7~ . ,
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- f!:-+';+~`_ti~i ` G~w~~~ '4~i
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' ~1~ t Prepared ey John W ~ll i~s ~yi~s w~
~c~j~ , ' ~~l =6 Loan Association : ,`c' ti~
; f. •i.`•s .~pft-Pierce~ Florida ~~r ~,~Q~~ Up
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Check~d'~r`~ p R = w z~~~~,r = =
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