HomeMy WebLinkAbout1971 To pljc~ and cont~eKwusly tesp on the bw:d~~qs now w l+ereaf~~~ s~~wq on sa~d I~nd and on all cqw~vr.ent and perfonally tovered by thi~ mpt~-
+p~, wah ~I) premiums thrrcon pa~d in tvU, h~e msur~nce i~ th~ ~sval sunfa:d ~iKy (o.m, in a wm ~pproved b~ elK !yCvR~GAGEE. and w,ndsjpm
~~~wa+ue !n rlwr usua! ir~ndird pol:cy fwm, u~ ~ ium ap{uO~ed by ~M M~RT^vAGEE, in wch tanpany or ca.+pan«~ as ~M MUR(GAGEE enay
d'utc~; ~nd ali Gr~ a~d w~nalaewm in~~rance pWkKt on any of sad bu~id~n~s, M?y inter~~~ thcre~n or par thrrroF, ~~e ~,e~att ~vm alpresad w
in ~xu~~ Ihe~eot, sMU cont~;n tl~e usuat ata~~dard mwrgapK ci~uN w sucl~ other d~us! ai IM MortQaQc~ may req~•r~, mal~np tM +css unde~ fa~d polF
c~es, each ~nd every, payab!e ro sa~d A~ORTGAGEE a~ ~H mtc~e~~ may appeu, ~nd each u~d e~e~y ~uch po:.cy s~alt ;ie p.wnyY.y ue 9ned ~~.d de~~vered ~o
~ny I+e1d by ia~ Ah~A(GAGkE as (~~~h~Y secu~Zy ~o sa;d n,or~ya~~ deb1. a~+d. ~ot less ~han ren (101 d~ys in aJ~ancr of the e,pnanon ol e~ch pof~cy, ~o d~.
livti ?o ~~~d Ak~RTGAGfE a rcnewol thercol, ~oge~he~ wi~h • receipt !w Ihe premivm of wch ~enewai; ar~d ~he~e ~1wll be no I~re o~ w•~.di~o~m in~u~anc~
pl~ced o~ any of sa~d t..itdu~gs, any in~eresl therein o~ parl Ihe~epf, ~nleis in tFK lo?n~~nd M,~~h tM ~oss {Hyable as ato~ez~id; ~nd in tM ev~nt any tum
of money bccomes payekte under such poficy p pol,cas said MORIGAGFE fh.~ll h.~re t~.~ opt~on to rcteive and app!y ~he isme on ~cca,n~ of ~M indabred-
neas secwed h.+eby o~ ro pe~mil ae~d MORTGAGORS to receiva ~nd us~ i: or any pa~t thereof {or o:~w•r ~.u~} cscs. v.~~i,~.;t th:•. u~ wo~~> c~ ~~n~a.r.
~rg ~ny equrty, li~n w r~ght u~+clrr w by vinve of th~s ~no:~9~fle: ~nd io ~he even~ u~d AtORTGAGORS shell for arty .eaion lail ro krep ?he sa:d prem:u~ so
insur~d, pr bi) b drlive? pranptly ~ny of said pol~c:es of inauranc~ to sa~d lNORTGAf:Ef, or fad pioo~pNy to pay Iv:1y any Nrrm..~m therela w in any
~espect lail ro perf«m, d+schar~e, eaccute, effec~, compte~s, canply witl+ ~nd ab~ by ~h~s covenam, w any part hereoi, sa~d MORTGAGEf rMy pIK~ •'~d
paY tor suth insv~ance w~~y pa~! the~eoi w~tAovf w~irinp or •(iecting any optiq~. I~en, eq~:ty, o~ nght ~~der or by virrw of ~his Mor~gaQe. and the
t„11 aawvro ol each aod eva.y iuch paYmem shsll be immed~atety due and pnyabla and :hall bea~ intzrest i~om ~ha date thereof um~l pa~d ~t tM ~+q ol
~une pat cent~m pQt annurn ~nd to~~ther v~~th s~ch interesr shaii be secvred by th~ tien of fh~s morrgaga.
4. To pe~mit, commit or suffe~ no vroste, impa:rment a detc~~wa~ion of sa~d propcvy w u~y part the~cof.
S. To pay atl and s;ngvla~ the cosrs, cMrpes and eapenus, includiny • reaso.~~ble attancy's fee and <os~s of aburacts of title. incurred a pa~d at
a~y ti~ne by sa~d MORIt3AGEE, because d in the event of the fa~luro on ~he put of the said MORiGAGpR to duly, p.xap~~y a~sd fulfy p@rlorm, d~xh~.q~.
e¦ecue~, et(eu, complete. cornpty w~tA and ab:de by each a~d eYery ~F+~ ~t~inrla~wns. ag-ee~Mnrs. cond;t~ons, and co.e„snM ot so~d p~om;sswy note ~~d ~h~~
.~iort9aye arty w either, and sa:d coa~s, charges and ex~ensosr~DCh a~d every, sha~l be immedu~ely due and payab e; whe~hcr w not ~he~e be no~ice ds
ma~d, atte~,p~ ~o coltect w suit pe~id.ng; and the.full emount of euh and every sach paymero ahal! bea. ~oreresr from the date thEreol unril pa~d at ehe
~ott oi nine ~xr crntum ~~er an~~u:n; arw alt sa;d coiq, charges a~+d exHCnscs ~ntwr~d w paid, togetA.r w~th svch intcrrst, shall be secured by the ~~en of tha
mort9ag~.
b. That (s) in Ihr evem oF any breach ol ~hia hAatgape o~ defauh on the part of thc MORfGAGOR, w(b) in the evcnt ~ny of se~d wmf of rtwney
herein re}ar~ed to br not pro~++p~ly and fully psid withi~ th~~ty ~30) days ne~~ aiter ahe same savero:ly bccor•u d~,e and payablt, w;tho~,t demar~d or nptite.
ar lc) in th¢ e.ent ea<h and e~ery ~he st~EwEatwns, agreemeots, co~d~rions and covena~~s of sa.d p~an~sso,y no~r anJ th.s nw~~gaye any or e~~her aie ou1
~u1y. prw,,pNy snd !u!ty pe.fonned, d xhargrd. eaec~ted. ef6eceed, completed. ton+plied w~tlf~rN1 ab~deJ 5y, then in enher ar any such event tht sa~d ~g
grrgate sum mtnr~oned in sa~d pronussory nore thrn rcvna~niny unpa~d. wilh interes~ accrued. snd atI mo~eys sec~rrd herrby, shall betom~ dut and pay-
ab:e Forthwith, a ihercafrcr, a~ thr opnon of se~d 1~10RiGAGEE, as fvlly and comptetety as ii ati o( the said sums of money were orginslly stipulated
+e be pa.d on such d~y, anytbing in sa:d ~rpn;ssay ~ote or in this Mbrtgage to the contrary no?withstandu~g; a~d ~hereupon or thr~eaftr at the ppaon of
se:d MORTGAGEE, r.~rt+out no+.ce or demar-d, suit at law w in pui~y, thc~efae p tIllfNltlf bepun, may be p~oaecufed as if afl rnwroys securad he~eby
nad matu:ed peew ro~rs ins~~tunon.
7. )ha? in ~I~e eveN th~t at rhe beg7~n~ng ol or at any time pend~ng any :u7t upa~ thi~ Mortgage, o~ to foreciose it, o~ to refo.m it, o~ to lnfac~
F~YT~~? ot any claims hr~eunder, sa~d MORTGAGEE shall aFply to tM Cou~t Mving ~urhd;ct~on thereof for the ap~ntment of ~ Receiver, such Cwr~ shall
forthw,•ith appomt a r~e~.e~ ol sald mwtyagcd p~ooerty aH and sinqolar, includ~ng a!! a++d sinqvlar the incon,e, pro~as, iasvcs and reveni.ES from r.hateve:
sc~rce derived, each a~d Q~ery ul wh.ch, ~t be~ng exWess~y unders~ood, is hereby mor:~aged as if spec~f,caiey set fwih a~d dexr~kxd in tAe ~ran~ing and
ha:.~endum dauses her~~f, and such Recriver she~l Mve all the broad a+.d effective foncr,ons and powen in anyw~ae emwsred by a Court to • Receiver, and
a;ch appoEnrmenr shelt bc m~de by wch Court as an admitted equity and a matter of absoiv~e r~gM ro said MORIGAGEE, and wnhcu~ reference to the
edrquatY o~ inadrqvacy of ?he va!ve ot ~he proper~y n:ortgaged or to the sowtnty or ;RSOlvency p1 asij MORTGAGOR p rhe defrndams, u+d ~hat such
~en+s, profirs, irxane, issues a~d ~eve~vos s1wH be applied by such Raceire~ xcord+ng to~ the Iien w eqvity o) said MORIGAGEE and ~he prauice of such
Co:,rt,
B. To duty, prompely and fuily p~.form, d~scharge, execute, effect, eompletr, comply v?~th and abide by each and eve~~ the st~puiafions, ~greemenq,
condit~o++s a~+d cover?rms ~n sa~d promissory oote +nd tAy mortgage set (ath.
9. That in ihe event the ownership of 11~e mwt9aged p~em~ses, a any pait thereof, becwnes vested in a person other than the MORTGAGOR. the
M.QRTGAGEE, its suctessws and assigns, may,.without rrptics to the MORiGAOR. deal w~th sych successw or wccessa in ~ntcrest with reference to this
mo~tgaye and tfie d_~bt hereby secur~d in ihe ssme mann~y as wifh M~rtgagp? w~thout in iny way viLatinq pr distharging fhe Mor!qagors ~~~bility ~rr
urder a vFwn fhe debt hereby secured. No sale of tFk premiscs hereby mwtgsged and ~o fwb~wrante on the part of t},e /ApR1GAGEE or its successon
er a:s~g~s and no e~tens~on ol ohe hme fw rhe parmero ef ~he deb~ hereby scc~red give~ by Ih~ MORTGAGE~ or its successors or ass~gns, shalf operat~
ro rNease, d+scharge, mod~fy changc o~ affKt rhe origina! l;ab~iity of the MORTGAGpR herein, either in whole er in part.
)O_ It i~ spec~IKasiy ag~eed tha~ rime is of fh~ eucrxe of this contract ar+d rhat no waiver of a~y obligrt~on hereur+der a of the okslig~tion sr
cured htreby sha!1 at any tirrK tbrreaher be hetd to be a waive~ of the terma hereof p oi the instrument secured he~by.
11. In ~~d t:o~ to tn~ faego'~9 nwnth!y payments of p+inc paf and intavest required by the p?dri:sswy no~e secured herrby, mortgaaor covenants
~Rd agrAes ~o pay ?o mo:tgayee wdh exh",nonthiy pay..xnt ~n addacon~l s~m esnma~ed by morgagee to be equai to 1; 12 ot rhe annual cost of the follow-
iny
A-Ali rEal property ta,~rs lev,rd or assessrd agai~ist thc above described real estote.
B-F~.~~.:.-,s oo i~re ar.d w;~dsto•m ~nsuracce as he+ein requ:~ed fo be carried on ~he improvemenn s~ruare on thr above d~su;bed premise;.
C-Prerr:ums o~ svch mort3age gusranty insurar.te as mortgagee shall 7Fpm t~me to N.ne deem fit to carry o~ the loan secvred hareby. ~
- Matgagee s~•~! j.cm rime ~o t~rrx norify mortgagor in writing of the amo~m due a~d payable hereundrr and such wm shait thereupon be due ~nd
;.~yab!e on rh~ c!,e dafr of rh~ ne+ct month:y payment aed each s~c:essive month tFKreafter ur.til mutgagee shalt rtmlfr ~+o~tgagw of a change in such
r-ounr_ $uch s::~s 5ra : ~e aFp::cd by mwtgagee toward the paymeni pf teal property taxes, insurante prem.u,ms, a+td mortgage gvaranty inwrance
c • e a:iumt. -
IN 1Vt~t1E_S tVHF~EOf rne said MORTGAGOR 6as hereunto xt hes hand ar+d seal the day and year first aforesa~
fn S~gn , Seaied ard ~ef~,.ercd in the prescnce ~f: ~ -
f~~EO ~wa aECCaoEO L~L/ ` i~ - cs~~n
- ~ ST ~UCIE COUNTY fli~
AOGEh PJ~TqAS (Se•0
CLERK CIi~111T COUR . ~ ~,s. ~ . -,.~.~o
- - RECORa ~E~~F~EO , -
,:.Tf QF FIQRIDA ~ 9 ~8 A~ ~T' ~ -
sr . wcie 211 84 _
~OUNTY Of
6efwe me pcrsonaily appeared ~x~d ~Olillt S ~
Sr~l@ Bell Mpt~Q~'Z _ his w~fe, to me well known and known to mr w b~
rhe ind~vdwis desu~bed in snd who executed the fweyarp instr~mert, and aclcrwwledged be{we me tMt they e:ec~ted the same fw the pwposes
nc~re~n e~cpresr_d. And the sa~d_ Sadie 8e 11 Mount s
N~fe of the H;a ~?ard 1~bunt s " , ~pon e sepa~ate and privat~
e.arn~nar~on by me taien separate and apart from her u:d h~sband, uknowledged to ~nd befwe me lFwt sFx executed said instrvment f~aely ~nd volum
rar~iy and wrthovt any compu:swn, co~stra~m, apprel+ens,on. or _feu of ot from her said husband.
Y/tTNESS my hand and offic~al xa~ this_ day of Juj ~i A. D. 19 7j
--.~~:t~ , ~ (1 L ~ v
`~iotary Publ~c i~ and for the Stats o( Flwid~ at Lar~
_ . Mr Com%*~.uion Oxpirp:
Rerum To: . ~~ptNtftlrq - '
i~
F,nt F~de~~l $avinqs R to~n Asm:ut.on ,Z • ~ ` OMM ~
r..., v..~o ~ • fj~I~,,~ Cpl1~1DFfl~ ~ ~S~P~T, ~~~~3 !
t~.i ~~A.~, ro-~...;, } E.tEtslURSr
f •
_ • } E ~ .
- ~1
This Inst~ument Prepared By John W. •....~~~'F fG``
,r . ..i.. i
First Federal Sav~ngs ~ loan Association .~..t 4, , .
O~ ~Ort Yi@fC@ , Florida ~1~~,• .•t~ `
.
Ch~~ked By 11~..- ' Q
_ ~o~Ki93 1969
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