HomeMy WebLinkAbout2043 • ~ .
:t. To pt~c~ a~d conrir•~ous~y k_ep on tM bu+.d~++ps now or hereahcr.~~=uatw ~n said I~nd and on al1 ~-quipmcn~ and pe+sonally covar~d by ~hii mwty-
eg~, w;th aS1 p•en~iu+m lhcrcon pa~d m futl, fi~e insur•rtce ~n ~he ~suai ~e~~da~d po:~ty fprm, in • sum aH~xo+ed b~ ~he MGR~GAGEE, ?nt! w~ndsto~m
~~suran~e in tM us~~i i~andard po'.cy fw~r, ie a sum approved by rh~ MpRTGAGFE, in tuch can~+any or canpan~es as ~he AtORiGAGEE may
d~rcc~; and a11 llr~ and w:nd~~or.n ;nsursnc~ pO~Kief on +ny of aa~d build~nps. ~ny i~~e~e~~ ~herein or pa~~ thereof, :n ~he agy~-ye~e t~m a(weiaid o~
in eacess ~heroof, ~M:1 co~~aN+ the usual arandard margegee ciaus~ or tuth o~hn CIdUH as ~M Mw~~syee may ~equ~re, maAinQ the ~ou under sa~d poli-
c~es, each ~nd every. pavab!s ro a~d MORIGAGEE as ~rf ~nieres~ may appear, ~nd each ,:nd eve.y ~uch po~~cy sh~ll be prompt:y ass 9ned a, d deS~ve~ed to
•n~ held by ~a~d AWRiGAGfE ae (ur~l,er ircurity to sa+d monys9e urb~, and, not leu tlun ~en (101 days in oJ~a~Ke of ~h~ eapl~a~.on oi eath poficy, to ck-
L~er to s~id MORiGAGEE a~z~uwal ~t~e~eo(, ~o9ether wirh a rete~pt for the prem~wn oi such rene~a~; a~~d ~here shall be no t.r~ w w~~~d~wrm in~wanc~
p~aced a? any of sa+d build~~.gs. any ~necres~ thcre~n a par~ rhe~cof, unfesa +n the fo~m and w~~h ~he loss payaSle as ato.esaid; and i~ th~ evenl ~~y sum
01 rnoney becwne~ payaWQ-unde~ such pol!q or poLcies said MORTGAGEE shall have tha optwn 10 ~eceive and app?y d~r a+rne on account of 1he ;odebted-
ntss stcwld hl~eby p lo~pesmil seid MORTGAGORS to reCeiw arK: ut~ il W a~y pe~t thcrrof Iw oiik>r purE.~s~~s. .•.~~hi„t thr. u: wsivi,~3 c~ en~paa-
~ng any eq~~ty, I~en w r~gh~ under o~ by vlr~ue of ~his mo:~yage; u+o ui ~hs ~ven~ sa~d MORiGAGORS shall tor any .rason fail ro kcep ~he sa~d p~em~srs w
]nsured, p faii to deGrer pranplly any of said .po~~cies of irtswaRCe to fa~d MORiGAGEE, ot fail promptly to pay lu+ty any prr~~~~um the~efw p in a~y
re?pec~ tai: to pe~Form, d~xh~~ge, e~ecuta, effec/, compl~te. comply w~~h snd abide by this covc~an~, w sny pa~t hrrcei, seid MORTGAGEE may plsce a~t!
pay ta such iosurance ~~ny pa~t thercof w~~htwr w~ivioy w r;(fectin~ any op~ion, fie~. equ.ty, or ~~3he u^Jer a by v~rwe oi thts Mor~qage, and ths
f~l1 anwum o! each and e.e.y such y~.ymem sF.all be ;mmed;e~ely dw and payable and shail bear interrs~ from tha date ~hereot umil pa~d at th~ rat~ 01
~~~,e p~ c.v+r~m p~r annum and ~o~~~he~ h,~h s~,.h imrres? slu~: be secured by +he t~en of t6~s matgage.
1. To permit, commit w suffer ~o waate, imp~irmem or deterioretion ot said p~ope~ry or any pan ~hercof.
5. To pay all and singular ~he costs, charges and expe~ses, incl~ding s reaw~abte sttwney i tee and costs of abstrMls o( title, incurr~ p~ piid at +
any time ay said MORIGAG:E, ~ecavae or i~ the event a( the fa~lure on the part o( the said MORfGAGOR to du1y, pro~,wNy and futly perform, d~uharge, °
e¦ecuts. elfed, canp:cra. ce~nply w.eh ar.d ab.de by each and every ~he stipulat~ons. agreen*nrs. condtnons. •r.d cove~.a~~s of se~d prom~ssory nor~ and thi~ ~
:norryage any w e~ther, and sa:d cosrs, cha~ges and eapenxs, each and eve?y, ahaii be immed:ately due and payable; wF~ether p rro~ ~he.e be rrotice de~ ~
.*+and, attempf to collcct or suit pend~~,g; and the tull amov~t of each and evc?y such pa~mem shal~ bra• i~rere:~ from tLe da~e ~hercof umil psid a~ the
~•~~s o~ n~ne pe- c~ntu~n ~er annu:-~: a~u all sa~d cos~s, cherges ar.d exfxnses iocurred a~ pa:d, logethe: wdh svch ~nterest, sMtl be secured bj tAe lien of thi~ +
mdtpaqe.
b. That (a) in the evenf of any Mexh of th~s Mortgag~ w defau~~ on the part of the MORTGAGOR, or ;b) ~n tl+e event any o1 sa~d sums of moner
hrrein ~efe~red eo be ~ot prwnpdy a~d fvliy paid wieh~n th~rty 1301 days next aire~ rhe same uve~a :y beco~,K due and fayible, witiqut demand or notice,
os (c) in th,~ event each and every ~he stipulalions, agreements, co~ditions ar+d covenants of sa.d p~omiswry ~wte and th~s mortgage any or e~~her a~e oot
iu!y. promptly and tui;y pc.formed, d aci~mged. executed. effected, completed, complieO w~~h and ab,ded 5y, then in e~thK or any such event Ihe sa~d ag
?ryara wm menr~oned in ta~d p+om+sso+y rx.te thrn .ernaining unpa~d, with imeresl atcr~ed, and all mo~eys secured hercby, shall become due and pa~
+n.e forthw~eh, w thereafrer, at the opt~a+ of sald MpRiGAGEE, as fu~ly aad complese~y as if a11 oi rF,r sa~d sums of money we~e wglnatly st~puiated
be pa;d oo wch day, anyth~ng ~n sa.d prom,sswy ~ote or in this 1Nortgage ro tFk conrrary notw+ihsrand~~~g; and ~hereupon or thereafter at the op~~on of
s~:d MORTGAGEE, v~~ihuut no~~ce a dema~~d, s~it at lavv or in equiry, tFkrefore w thercaitcr be~un, m~y be prosecuted as if all moneyi secured hereby
rod maWred pnot fo .t; ~natitW~on.
7. That in the event ~hat ar +F,~ beg~nn~ng of or at any time pend;ng any suit upon rhis Marrgage, e. to (weclose it, or to ?efam it, or 1o e~forp
FaYrnem of any cla~m.s hr•eond~~r, sa~d MORT(',AGEE shail ap~1y-t0 1he Cour~ having ry~ndic~:o~ thereof for the appomnneN of a Receiver, such Court sha!!
For~hwi~h appomt a rece~ve~ of soid mortgaged procerty all an3-s~ular, incl~d~ng ail and aingular ilK .ntome: p~of~ts, issves ar.d ~evenues i~orr~ whatev~r °
s:~r.e de~ived, each and erery af wh~ch, .t beJng exaress!y understood, is hereby.,mortgaged as ~f speu~:taify Set for~h and descnbed in the granring and i
h;~~+end~m clauses hereof, and s~ch Recriver shatl have all the broad ~nd effedive tunc-Ton; a.~d powers in anyw~se en•rusted by a Covrt to a Rcceirtr, and ~
s_:h appoinlme~:t shall br made by svch Court as an admiiled eq~ity and a mattei of abw}vre r:ght to saed l1,ORIGAGEE, and without ~eterence to the #
adeGuaty w inadeq~acy of the va:ve ef the P~t~Y ~~g+9ed w to the so+vr~cy or :nsoevency o1 sa~d MnR1GAGOR a she delendaros, and that s.ich p
re^r:. p+oiirs, income, ~ssues and rever:~es sfiail be appiied by such Receiver accord~ng to the lien or eq~ity ot said MORTGAGEE and the practi;e o( such
CouA.
8_ To du?y, prompt2y and (ully peafwm, dixF.arge, execute, elfect, complete, compiy w~th and ab:~e by each and evcry the stip~lat~ons, sgreements.
cor.d~r~ons and covenanrs ~n sa:d prom~sso.y note and this mwtgage set fwth_
9. That in ~he event the ownersh~p of the mortgaQed premi3es, a any part ther~f, bccomes vested in a perso~ other than the /NORTZ'sAGOR, th~
A'~RTGAGFE, its sutcessas and ass~gns, may, without notice to the MORTGAOR, deal with such succcuo~ w successp in interest with reftre~+ce to this
mo•tgage ar.d rhe drbt hereby sec~red in the ssme maoner as with Mo~tgagp? w;thout in any way viUating w d~scharging the Mortgdgpri liability her~-
undr~ or upon the dabf herebt secured. No sa!e o( the Frem~us hrreby mo.tgaged and no lorbearance on the part of the N10RiGAGEE or i!s suctessors
or assgns and no exrens~on ot rhe nme fo~ the payrn~~t of the debt hereby setured given by the MORTGAGE~ or ;t= successa~s or assigns, sha11 operate
to re~ease, d.uhargc, mod~fy change w affect the orig~nal ilav~l~q of the MORiGAGOR herein, either in whn:e or in part.
10. It +s sFec~f~catiy ag~eed ~hat t~me is of the essence of th~s cenrracr and that no waiver of any obl;gation hereunder w of the obli~stwn se ~
cu~ed here6y sha!t at iny hm.e thereafter be he:d to be a wairer of the rcrms hereof or o! the instrument secured herby.
11. tn add t o~ ~o me forego ..g month!y paymenrs of pnn~ aal and inrerest requ~red by the p~am ucry nore secur2d hereby, mwtgagcr ~ovenants
a^d ag~ees to pay ro :norrg~gee v~~:h each monih?y payr;:ent an add~~:onat sum ese~^•zrrd by mortgagee ro be equai to 1; 12 0! the annual cost of the fo~fow-
ng.
A-All rEa! pro~+ty ~axrs iev~~ or assesscd agai•zst thc .:bave desc*i,F,ed real estate. ~
B-Prrn:,:, ns on f~re and windstwm ~n:urar.~e as here~n requ~red to be carried o~ the bmprovrme~ts sitvote o~ tt~ abovc desu~bed premises_
C-Premi~rns o~ such mortgrgc guaranty inswa~.ce as mongagee shaii irom efine ~o time deem fit to carry on the loan secured hereby.
Mortgagee sha': from r;me ro ti:ne no!ify mortgagor ;n writing of the an:~nt dve and payable hereundrr and such s~m shail thereupon be due and
~a~abte on the d~e de+e of rh_ next mon~h:y payment and each successive rconth thereaf~er urtil mortgagee shatl oot~fy rtqrtgagor of a change in such
~-eun•. $uch sumz s~ ~::~e app:~ed by morigaoee toward the payment' of rea~ property taxes, inw~a~tcr prem.~ms, a:x! morigage g~aranty insurance
o'emiums.
IN Y11TNE~S '!.'H.RcO~. tne said MORTGAGOR has herevnto set his hand and seal the day and year first aforeuid.
Sgned, Seaied a~ !]Yerc'~n rhe P.es«,ce of: F=~ED a~13 qECOR0E0 "
ST lUC1E COUMTY F~~ C~,~,~/ QQ~...j i
ROGE~ FO~1RA5
CCEAK C1r7CU1T COURt " ~ ' (Seaq
- RECORD YERIFIEO~ ~ ~~'L'~l~r~,r- ~-'_6'- ' ,~e,q
/ ,1~ 2 4 09 ~N' ~ 1 ~ ~.n
s~A E aF Ftoaioa ;
u:m oF St . Luc ie ~ u- ~11'~+~ j~
Before me persona0y appeared Thomas Casper Walden
~~2'~ j'. -~3~den his wiie, to me welt known and known fo me to bs
the incf~vidwis desci~bed in and who exec~ted the fwega instrument, and acknowiedged before me that they executed the same fo~ th~ purpwes
:?x,~:,, ~x~~,~a. a,a r~ ~~a ~~I.. Walden
~,~r~ or ~~a _ ~ Thomas Casper Walden ~ , ~~,m ;
e~am~narion by me taken xparate and apart from her uid husband, stknowledged to and beiwe me that sAe executed sai~ instru ~_y~pp t
rarilr rnd wrtAout any compulsion, constraim, appret.:ns:q+~,or feu of or fran her said husband. .
WITTIESS mv hand and offic~al seal this_ ,~p day of `j~ v~~•~••,K•D..19~ ~
1 " - . , t
Not y Pvblic jn and ~ t ~Ia~`~`.Zf .f d~ ~t lar{! : ~
_ % ~
My Commasion eapires: _ ~ • _ _ _ ~ `
Rdorn 70: ~ ' i~ ~ ~ ~
f tt1DA t
first feder~l Sa~inga 8 loan Aswuataon ~(,t~A>~! YL" t~ j} ~~(~fC vj =
Of Fu.r P...rce. , _ 19~• ` _ -
Fort P.rrtr. fi.rida . :'CtZ~[:~:~ . ~ ...~..;ti:i~TG~~ ti~jl~'~C •
~ .
~-a~~J
This InstrumeM Prepared By ~p}~ t.~~ Collitiis ~
First Federai Savings b loan Associat~on ~
of Fort Pierce ~ Flo~'ida j
Checked BY . P
F~F-- ~
_ BOUI! c~ . ~