HomeMy WebLinkAbout0418 J. To ptac~ •nd cane~nuw.aly k±ep an rhe bu~td~ny~ now w F~roafetr ~:war• on ~acd ~tnd a~d on ais eq:,~a.+em •nd Peno~euy co~••ed by ~hca ma~s.
•~s, wlth dl prem~ums ~hcrcon prd ~n f~ll. 4~rs ins~rance in ~he us~~l s!a~~.iard pol~cy form, in a sum ~paro~eci by ~he MOd~GAGEE, •nd w~nds?wm
3 ~niuranc~ in rhe uswl s+andard pc.'•cY tam, in • wm ~pprovcd by iM MORTG~?GEE, in tuch canpany or can~mes as ~he MORiGAGEE r++y
d~rect; u+d a~l (irs and w~ndstorm insu~ance po':c:es on any o/ sa~d b~ild~ngs, eny inle:cat therein w pa~~ thereot, in the agg~rgare sum afaesa~d or
in ~acLu lhcreoi, ahall :onrale ~he us~al sra~~da~d ma~gsgae clause a wch o~F.a c~aus~ a? ~he Ma?yagec may rrqu+re, ma?~n9 ~he ioss ~nder ss~d polf
c~ea. each ~nd every. parabte 1o said MORTGAGEi es..~tt~nterest may appear. and tach ar.d rYe~y such poi~cy •hall be Pr~r+piiy a~s 9•.ed a.,d dei~vered ~o
any F.eld by ~~7d AICRtGAGEE as fur~her secu~~ey ~ro iald moregage drbt, and. no~ kss ~Mn ten l10) days in aavanco of the eap~roho~~ o~ exh poGCy. ~o ds-
;;•:e~ to sa~d MORiGAGEE a reneM•a1 ~hereof, to~NF~ w~rh a rece~p~ fa the pre~n~~m oi such renewas; a»d ~here shall tx no f~re o~ w~nduo~m insurance
p~xed t• +~y oi ss~d bt~~td~~~s, any ~nurest thcre~n or pa+t thereo(, unless in ~he form a~x! with ~he ~oss payab!e as atwcsa~d; and in the eYent any sum
of mooey becor++es paYable undr~ such policy w poGc:es sa~d MORTGA'vEE sh.+ll have ~he opt~on to fnC1YC and apply the same on accowv o( ihe indebt~d-
ness secv~ed hcreby a ro pcrm,t u:~ MORTGAGORS ro receive and os~ it a any pa~~ rhrr~wf tor o:n~~r ~,u~,+es.•s. .•.~~ho.,t ih,r~;,~ y o~ ~~npa~.-
inQ any eq~~ty, Gen a~~ght under or by virtve ol this mo:cgage; ond in the eveN w:d MCRiGAGORS ahall t~ any reason laii to knp the sa~d prem~sri w
~~s~rcd, ~ fail to de~~~er promp~ty any of s~~d poGues of inwrance ro sa~d MORTGAGEE, or fa11 p:omprly to pay fulty any ~re~»wm tF.e~e1w o~ in a~y
respect fait Ia pKform, d~uherge, exetute, e~fect, comple:e, cornply wiih and ab~de by tti~s cove~an~. a any part hereol, said M~RTG4GEE mey piace a~o
pey iw svc1~ ~oau~e~Kr w a~y pa:t ifio:~taf wai+out wa+v~ng w affecr~ an~ opt~o~. l~eo. .~qu:cy, or r~gi~~ vr.dsr w b~ vinve of th~s Mortgege: a~d ~ne
full amou~~ ot each u+d e~ery s~ch paymc~v ahall Le ~~ynedutely dve and payabte •n~ shall bear interest f~om the da~e thereof until pa~d al the rate ol
~.~„e pr. crnrum pe~ annu:n and W~elhe~ wiih such inrerQa~ shali tx secured by the tiee of this matgape_
To pcrmit, canmit w suifer no waste, impairr.xnt w detsiw~ation oi ta~d property or any part thereof.
S_ To pay all ~nd singvtar ihe costs, chargcs and expensas, i~clvding s reasonable atto~ney i fre and costs of abslrads of tiile, incurred or psid at
e~y tin:e by sa~d MORTGAGEE, Gecavsr a in the event o( the fs,lure on the part of the sa:d MORTGAGOR to duly, p:omprly and fu11y perform, d~acharge.
exxu~s, effcc~, carpkrs, co<npiy w~th and ab:de by exh a~d every the st7p~,laf~ons, agrea*:ents, co:ul~t~ona, and co~.cnanrs of sa~d pro.m;uory note and ~hi~
.~„orrgage any w enher, and sa~d cos~s, charges and eapenszs, e~ch and every, sha~~ be immed~atety due and payable; whe~her p not rF.ere be nonce d?
~±~and, aerempr to colkc~ or tui~ pcnd~na; and the fuli amovnl of each and evrry s~,ch parmen~ shatl bea. iroere:t lrom the date thereof u~ril paid at the
.,.re of n~ne per cr~~~um prr amw:n, and aG said costs, charges and ex;xr~sca ~ncurred or paid, ~e~ather wah sucb intersst, sMlt be sccured by ~he lieo of th~s
mwtgsgs.
6. i}+a~ (a) io ~Fe event of any brea..s of thts Mortgage o~ defavlt on ter part of !he MORTGAGQR, w(b) in the event any of sa[d sums of money
herein reterred to be not pra~~pdy and fully pald within ~h~rty l30) days nex~ afrer the same severa'ly becorne due and payeb!e, wi~hout demar~d o? notice.
cr (c) in tM event each and every the at1puiat:w~s, ag~eemrnts. cond~t~a~s and covenanrs of sa.d promissoty note and th~s mo~tga9e e~y or e~the~ are not
i~~:y, pr«*+ptty and luliy performed, d uharged, executed, eifetted, completed, compLed wnh and ab~ded 5y, then in eahe. or sny soch eve~t ine sud ag
~regare sum mrnr~ontd in sa~d promisaory note then rema~ning unpa~d, with intcrest xcr~ed, and all mo~~eys sec~red hereby, shatl becorne due and pay-
~b:e fo~~hvr~th, Of tFlptEd~tN, ai the opticx+ of seid MORIGACEE, as tully and canpieteiy es if alt of fhe sa~d sums o1 money were org~nally st~pulated
ro be pa~d oo svch dsy, aoy~h~ng ln sa.d pro~n~sswy note o~ in this Mortgage ~o the con~rary notwifhstand~ng; a~d ihe~e~pon or therealter at ~he op~~on of
se:d MORTGAGEE, w~thout nonce or demand, suit at law ot in equity, thereFwe o~ the*eaftet begun, may be presetuted as if all moneys setured hereby
nad matured prior to ~ts ~nst~t~t~on.
7. That in the event rhar at rhe beginn~ng of a at any time pend~ng anY suit upon ~h~s Mc-tgage, or to foreclose it, or to reform it, w to enforce
caymem of any de~ms he~eurder, said IdORTGAGEE shall appfy to the Cour~ having ~vr~sd~a~o~ tFereof for the appantment oF a Receiver, svch Cour1 shall
r;:; thwith appo.nt • reteiver of said mo~tgaged prooerry +11 and singular, inciud,ng aU and singviar ~he income, profifs, issues snd reven~es from whatQVer
so~rce der:ved, exh and cvery of wh.ch, it be~rua expressly understood, is hereby morrgaged as if speulically s~t fwrh and dewibed i~ tF+e granti~x~ and
hnbend~m cla.•ses hereof, and svch Rcceirer shail have al: the broad and effecrive fu.+c~.ons and powers in anyw~se cntrusted by a Cou~t to a Receiver, and
s_ch appoi~tmem sha:l be ~rade by svch Court as an ad^+;tted equ~ty and a maner of abtiolute right to sa~d MORTGAGEf, ~nd w~thovt reference to the ~
ad>quacy o~ ~nadeqwcy of ~hz wtue of the property ma+gaged u to rhe so~vency w~n10~VCMy oF sa~d MORiGAGOR or tAe defendants, and that such
re~rs, profrts, incwne. iuues and reren.,~s sha41 be applied by svch Rece~ver accordu~g to the ~itn or equiry of said MORi~AGEE and tFx pract~ce of s~ch
~ourt. ~ ~ ~ ~ ~
8. To du1y, promptly and fvlly pyForm, d~scha~ge, execute, eftccr, complc~e, comply w~th and abide b,y_ea~h and every the stiputatiens, a9ree~nems,
;or,d~~ions and coveoan~s :n sa~d p~wnfsswy note and ~h~s mortgage srt iw!h_ ~
9. That in the e~ent thr ownersh~p of *he morrgagrd prem~ses, w any part tfxceoF, brco-np vested in a pe~son ott~er than the MORTvAGOR. the
RCRTGAGEE, ~ts suctessors and a:s~qns, may, wifhout nofice to the MORTGAOR, dlal wi~h such successor a wcceasor in inte~est wi!h refere~ce ~o ~his
mo~rgage and rhe deb~ hereby sec~red in the aame manner as w~th .•.1ort~agor w~thout.'jn iry, vysy vit~ating or d.uhaeg~ng the Mo~tgagors' liability hert
~~der Or upOn ~he debt hrrzo~ sec~r~c1. No sa:e of the Frem]ses hereby mortgaged~i~ no (qbearance on the pa . of the MORiGAGEE a its successors
cr ass~g~s and no earens~on of she hme for the payment of the debt hereby sec.,red given by the MORTGAGEf or its successors or ass~gns, a~ull operate
ro r~icase, d~schargc, mod~fy change a affect the orig:nal lia~:~t~f ~he MORTGAGOR here~n, ~ither in whole or in put.
~
10. It is speof~ca~~y agreed that time is of the esxnce of this contract and that no waiver of any obl;gat~on hereunder or of the o6ligaYan sr
c~red hereby shal: at a~y time therealter be he!d to be a waive~ oF the terms hereof or of the instrumeM sec~red herby_
f 1. In add r:o~ to the forec3o ng month:y p~ymenrs of princ pal and intrrest ~equ~red by the prom sscry rote secured hereby, mo:tga~or tovenants
' ~-.d agrees to ~a; to r-~ortgagee w~th each rrontn'y p~y~, ent an add~~~onal wm es+::~ a~ed b~ mor~gagee ~o lx eqval to 1; 12 of the ann~al cost o.` the faflow-
~ A-a'i rrai '::cpe~ly ta~es lev~ed or assessed agai~st the above described real estate_
j B- Pr_~~, :.s on f~re and w~r.dsrcrm insurarce rs i~ere~n requ::ed to be ca~ried on the ~mprovements s:rua!e on the above described premius.
C-Prem.v~s on such mo.t~age gua-anry insvrar.ce as mortgagee shail fro~r r me to nme deem fit to car~y on the loan secured hereby_
i M•ortgdgee sh; ~°•o^i t~•ne ro !~~rt nor~fy mortgagar ~n wrinng of the amou~t dve and payable hereundrr and such suT sha? thrreaipon be dve and
[ eble on thr d~e oate of ~he rtext monthby payment and each successive mon~h thereafr•:r vntii rnortgagee sfiall notify mortgagor ol a change in such 4
~ o~.,nt_ Such s~ms s~a. ;,e app.~ed by mortgagee toward the payment of reaI p~operty ta:es, inwr~ ~ce prem:ums, a~id mortgage g~araniy insurence =
¢ :.-e•riumt_ _ 3
~ IN YfITP~ESS 'r'N~R_OF. tt,e sa~d MORTGAGOR has hereunto set h~s hand and seai the day and ye fint atoresaid.
~ S~gncd. Seated and dr'ivered in the prex~c~ of: ~ _ C': J .
• FItEO ANO RECORDEO ,7
ST.lUC1E COUNTY FLA. .
ROCE~ POITRAS '
~ ~ ' l ~-~f,.~, - CLERR CIqCU1T COURT - ~.i~ ,CC. ~ '_c.~.s- (Sesq
RECORO YEP.~FIED i5eaq
5'•:.TE OF FLORIDA ~~Yi ~ I 3 ~z PM' 1 I
~~uurr oF - .
'ascie ~ ~y~`'v
~ - Be(we me personally sppeare~d ~ddie D. ~i~12~i?'iS a~
7`~tEli?ta r:~.:i~ 111_° his wife, so me we~t known and known to me fo be
r!:e ind;v~dw:s descr;bed in and who eaec~ted the fa~
o.,i instrK;~yn~ and acknowledged lxfore me that they executed the same fw the pu?posrs
~ rr.e.e:n eap~essed. Md the said__ L iie~~`~ "1 r`: -
~ r. of tM s~~d ~C~3:e ri_C11111'1~ - ~Pa+ a uparate and privste
F.a~n~nat;on by me taEen separate and apart from F.er said husband, acknowledgtd to and be~we me that she eaec~ted said i~strument freely and votum
~ ro~ry and wrtho~t ar.y compulsion, consrraint, apprehem:or~,pr_fear of w from 1~er sa~d husband.
WITNESS my hand a~d offiual xal thia_ _~:d_L--___ day of Jul - a D. 19~_
~ / 1 ,
Notary Pu in ~.,d tor t State of Florida at l~rye
~3
~ My Com uon expires. L~ 7/
~l~Urn T6:
~ Fint Fedtisl Savin s 3 loan Assotiat,o~+ - ~ r
~ 9 !dc.r.ry P~.:bl~_ Sta1e of F:orida at large
e~; Oi f ~rt V e:t~ . - . ~ ~i19. b. ~97~ ~
~ - _ . , t~ty Co: ~.:;is:~:,n Expires
fc,.t P,e.ce. Hcr;da ~~AASdayiw6C.~*~s~Rs
~ .
~ ~ .
~ This Instrument Prepared By B~ Cr3stain '-~~`~'~t-~~
f~rst fEderat Savings b l.aan Association = ~ -
~ of Fort Pierce ~ ;'loTi ~a . - :
~ Checked BY ~ - - _ ~ ' ..~I_~
~
~v~
~ R ly4 =
~ aa~ 4~8 ~
~ .
~ -
. 9 , ~ . - ~ • S. ~a"~"