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HomeMy WebLinkAbout2840 . • ~ f ~ ~ . . i To pl~ and con~iewovily k~ep on tM buildings now a 1+~r~~ftK utuat~ on aa+d ta,~d and on sll cquipment and p~non~lly tover~d by Ihia mw1¢ wifh ~II p~miumf 1ht~wn paid in full. fi~e i~~ur~nt~ in ~M usual ttandard po~Ky lorm, in a ium ~pprovad by the MORTGAGEE, snd windstam ~ Iruwu+c~ in tM wwl ~tu?d~rd pol~cy fam, in a ivm ~p{uovd by tM MORTGAGEE, i~ s~ch compa~y o~ compan~~i ~M MORTGAGEE may + dinctj ~d d) }k~ ~nd windsrorm i~wr~nc~ policie~ on ~ny of said bvild~nps, ~~y Inrer~if therein or p~r~ ~hereol, in IM s99~ey~1~ ium aforesaid or , in ~:crss ~Mrwf, ~hell ca+taie ~h~ uswl i~andud mor~9apN clw~e or ivch o~Mr ciaus~ n ~M Mor~9aye~ may requir~, maAinp ~M lou unda ss~d poli~ cia, ~ach Md ~wrY. p+Yablt b safd MORTGAGEE as in inle~qt may ~pp~a~. Md each snd ~very svch policy ihall b~ PromP~ly asf yned ~nd defiv~red ~o ' ~nr Mld by s~id MORiGAGEE a~ turiM~ ucv~ih to u~d mor~y+~e d~b4 ~^d• ^a I~ss ~Mn tcn (101 d~ys in ~dvance ol the •¦pir~t~on ot each pollcy, ~o d~- I;wr ro s~id MORiGAGEE ~ ra+ewal tMreof, ~o~e~hK wi~h • nc~ipt fa tM p~~nlium o} such renewal; •nd ~hers sMll b~ ~o f~re or winds~o~m insuranc~ plat~d on My oi said buildinps, ~ny inter~sl thtr~in w part tFu~~of, u~leu in th~ fo:m •nd wi~h ths los~ paY+bM as •(ae~aid; and in tM ev~nt ~ny su~n of mon~y becan~s p+yabl~ under such policy or polKi~s uid MORIGAGEE shall Mw +h~ o~t~on ro receive and apply the same cn acco~n~ of tM indebted- ~xst f~cur~d hereby w M pt~mit said MORTGAGORS ro ret~iw and uw it p any pa?t thercof for mher purposes. witho~t th_~cb~ waivi,~ w unpair- Iep anr puity, IiM w ~glu v~der or by vi~tw of tAis mortpay~; and in tM tvtnt u~d MORTGAGORS shall (or a~y reason fail ro kcep tM sa~d premises w intwed, w iail b detiwr prompNy any of said polici~s o( inwranc~ to said M10RTGAGEE, or fail promptly to p+y fully any prs~mum therefo~ a in ~n~ r~fp~c1 tail b pK(arm, dixhary~, tx~tut~, efiKt, complN~, comp~y with and aDid~ by this tovenant, a any part hersof, said MORTGAGEE may plx~ •nd paY fa tYCI1 iMYfifK~ Of My ~H tlltftOf wi~hout w~ivinp o~ ~lf~ctinp aey optan. li~o, eQuity, w righ~ under a by vir~w of this Ma~pa~. a~+d tht iull aawwu of ~ach and ~wry wch paynwnt sMll t» immediaNly due u+d payabl~ and shall be~r interest from ~Fw date thereof vmil pa~d ~i th~ rab ol nin~ pv ctntum p~ ~~+num ~nd topelhe~ with such iroerest ihall b~ secured by th~ IiN? o( th~s mort~~ge. 1. 1o pamif, cann?it w iuffK no wat~. impairmtM w d~teraration of s~id propaty a any paA the~eof. S. To p~y dl aw! sinpular tFw coan, elwrp~s a+d ~xp~nseL ~~~+d~+9 ~~~+~^abls attaney i fee and costs of sbstracn oi titte, incurred or paid at any tim~ by s~~d MORTGAGEE, b~cau~ w in tM ewnt of IM i~ilur~ o~ the put of t?w a~id MOt{~AGOR to duly. promPtly u+d fvlly pe~fo~m. d~uMry~ sxecut~, tff~cl, complet~, comply with ~nd ~b~d~ by ~~d+ ~nd every the itipulations, preenKnts, conditiau, and covenants oi sa~d promissory note ~nd ~his mortya~~ ~~r w eithe~. ar~d said costs, tMr9t~ ai+d ~apens~s, tach ~nd evay. sMll be immediately due and payabte: whethe? w not ti~ere be notite d~ mansl, att~mpt to colkct or wit pe~dirg; and tM full amovnt of each ~nd wery such paymenl s~all bca. inreres~ (rom the da~e thereof umil p~id ~t ti+~ ra~e of ni~ pK nntum pa~ smwm; and ali said cost~, chuyK and eapenus incvrred w paid. ~ogethsr w~~h such imerast, aMlt b~ sacured by ~he lan of tha mo~tpa~. 6. Tfw~ in tl+~ ev~nt of a~?y breach of this Morlya~ w default on the part of the MORTGAGOR, or (b) in the event ~~y of sa~d sums of mo~xy he?ei~ rtfared to bs not paompHy and fully paid wi~hin thiry (30) days nex~ after the samc severatfy beconx due and payable, withoW demand o~ ~otice, or (c) in the event eacA •nd ~very the stiputatiom, a~~tmN+~s, conditio~s a~d cover+ants of sa.d promisso.y note and th~s matype any a either ~ra ~~ol iuly, promptly and fully performed, d~sch~r9ed, ~x~cuted, ~ffecred, compl~~ed, canplied ,wi~h snd ab~ded ~y, then in e~~her a any iucA ~vent tM said ~g pre9aN swn menta~ed in said promiswry note then ~emai~irg unpaid. with ime~esl xcrued. and all mo~eys secured hereby. shall become dw and pay- ebb fatAwith, 01 tI~ltNItN, at tl+e optio~ of ~id MORTGAGEE, aa fully ~nd compk~ely a~ i( all o~ ~he said sums o) money were ag~nally s~~puta~cd ro be paid on such day, anylhing in aa~d promissory note w in this Mortgape to the contrary notwithstanding; and thercupon w tfxrealtr at ~he_op~~a+ oi said MORTGAGEE, w~thout ~otice o~ dema~d, wit at law w in puity, the+efue w thereafrer begun, may be proxcuted es if all moneys aecured hereby had matured p~ar to ~rs inst~turiw~. 7. Tha1 in the event tMt at the beginning of w ~t ~ny time pending any suit upo~ ?his Mortgsge, w to (aeclos~ it, w to refwm it, w fo enforc~ psyment of any clsims 1x~eunder, said MORTGAGEE shall apply to tbe Court having jur~sd~cuon thereof for Ihe appo~ntmeM of a Receiver, such Cour~ shall Fwthwith ~ppant a receiver of said mottgaged ptoperty all and sinpufar, includ~ng all and sing~lar the income, prof~ts, iss~es and revenues Irom whetever ~owce de?ived. each and every of which, it be~~p expreuly understood, is hereby mo+~gaged as if specificatiy set iwth and dexribed in the g.aming and hatxndum clavse~ hereof, and such Reteiver shall Mve sl! the broad and efiective func!•ons and powe~s in anyw~se entrusted by a Court to a Reteivtr, and svch sppointrt+ent shall be made by wch Court as an admitrod eq~ity and a rna~ter of abwlute right tb said N10RTGAGEE, and wi~hout reference to the adequacy a inadequx~r of the valve of the property mpty~yed w to the wtvency or insolvency of said MORTGAGOR o~ the defendann, and that such renn, profifa, incorne, iuves and revenues shall be ~pplied by s~ch Receiver +ccord~ny ro thc lien or teqLlf;1'N .said MORTGAGEE and the practice of such Cowt. 8. To d~ly, promptly ~nd f~lly perform, dixha~ge, execule, effect, complcte, comply with end sbide by each and every the stipulatio~s, sgree.nents, conditiom and covenants in sa~d prwn~ssory note and tl?u mort9age set forth_ 9. lhat in the eve~t the ownership o/ the moregaged premius, w any part tlxreof, becanes vested i~ ~ perwn othu tl~sn the MORTGAGOR, tM MOltTGAGEE, iri successors snd ass~gns, may, without ra~ice to the MORTGAOR, deal with sucF~ succeuo? or wcceasor in interest' wi~h reference to thi~ mort9aye and the debt Aereby secu~ed in the same manner as wilh Nbrtgagor witlwvt in aoy way vitiatirg or diuharginp fhe Mw~gagors' liability her~ under w uEwr? the debt hereby secured. No sale of the premises hereby mwtgaged ~r+d ~o forbea~ance on ~he pan of the MORTGAGEE a its successo~s or ~ug~s +nd no extension oi tfie time fw the paymem of ihe debt hereby secured yiven by the MORTGAGEE or its successors or auigns, sSult op~rat~ ta rclease, dischar9e, mod;fy change a affect the originsl liab~lity of tl~e MOltTGAGOR herein, eitF?er in whole or in part. 10. It is spec~fically agreed that tima a of the euence of this contrxt snd ~hst no waivec of ary~ obligat~on hereunder ot of the ob~igsYan sr cwed hereby shafi a~ any time t~eafter be held to be a waiver of the terms hcreof a of the instrument secu.ed herby. ' 11. In aod:t~o~ to the forego:ng monthly payments of print psl and interest requ~red by the promissory ~ore secured hereby, mortga~or covenanb and sgrees to pay to m.ortgagee vvith each mo~thly payment an add~~ional sum est~neated by matgagee to be equal to 1,' 12 of the annual cost of the fol{ow- A-Alt real property taxes kv~ed or assessed against the aEove describcd real estate. B-Frem~ums on fire and wind:torm insurance as herein requ~red to be carried on the improveme~ts situate on the above desc.ibed p?emises. C-Premi~ms on such mortgage guaranty insurante as mwtgagee shall from t~me to time deem fit to carry on the loan secured F~ereby. f Mwtgagee sfiaN from time to time notify mortgagor in writirg of the amount due and payable hereundrr and such wm shall thereupw~ be dve and Fayabk on the due date of the next monthly payment and each successive month thereafter urtit mortgagce shall notify mortgagor of a cha~ge i~ such E a~*+ount. $uch s~ms sFa:l be applied by mo~tgagee toward the payment of reai property taxes, insurance prem:ums, and mortgage guaranty insurante k premiums- ~ IN WITNc55 WHfREOF, the sa~d MORTGAGOR has Froreunto,sst his hand snd seat the day and year first sfaesaid. Sealed and de`ive~ed in the esence of: ~ • FILED aM0 RECOIlDEO ~ n ~ ~ W t ss ST.lUC1E COUNTY F ~nr ha n ROCER POtTltpS ~~n t ~ CIEitK CIRCUIT COUR - ry ~ '~ti ne RECORO YERIFIEO abelle V. Ch man ~ STATE OF~(t~~{ j(,1, I VD $ 1 ~ ~ ~ 2 os PH' ' COUPITY OF G~ C r~C, 1 ~ s~tQ,. ~a,,,uy .~„ed Henry D ChaRman •~,d ~ Isabelle CtiBRmaf1 his wife, to me well known and known ro me ro b~ the ind~vidwb described in snd wF+o txecuted the fo~poirg instrurtient, and acknowledped befwe me that they executed the wrn~ for tM purpwes rl+e.e~n .~cp.~.sed. a~a rh. sica Isabelle V. Chapitian ~ «if~ of th~ ssid Henry I~• Ctl~~al1 vpon • separate snd priv~N ~ ezam~n~tan by me t~ken separate snd spart from he~ said husba~d, atknowkdged 10 ~nd before me that she executed ssid instrument fretly ~nd wlum ~ e~rily and w~~hout any camputsion, cons~raim, ~ppre a feu of w from her said husband. ~ WITNESS my h+nd ard ofFicial s~al thi day of A. D. 19~_ ~ 7n ~ NouM ublic in Md iot tM St~ ~ ~t ~rpe ~ My bsion upires: 111DO1S ~ Re+~.o to: i~iOTA~' n! li;!.~; ST.".?F C+F !L! INlOfs First Fde~~l Savinp~ i toan Aswci~ti«+ ~•y~ 974 MY COi.1:~ . i2::., .'ii 1. . I ~ o~ Fort v.~«~. IfiJf~ T;;"~~ Y.':~t`,,. 1 n'" ".i i~ifi::~~ !»LC. ,,NHNiiui,,, , iort P~e~te. Florids ~ b _ ~ 9- ~y ~ ~ ~ ~ ~ s i . . ~t'•• , f~dt ~ This Instrument Prepared By Wto, 8. Braun t = ~ First Federal Savings b loan Association ~ 2 ~ ~ ~ ~ ' ~ ` ~ • of Fort P'ierce, F 1 oz i da ~'s ~'o = . :9~ ~ ~t1' - f: Dic ~ ~h~k~ gy _ - o R 192 ~834 .,,y,~y~~~, ~~o . ~ eooK ~ ~ . ~ ~ " . . , ~ . _