HomeMy WebLinkAbout2102 c' J. To p~act ~nd conr:nvous~~ ?eap on ths bu~"duqs rww a M~eaf~N titwa on sa~J !and and on ali a~uipn,ent and per~a~alty covaed by th:~ .na?¢ !
p~. w~th ~11 ~xcm~~ms ~hrreon pa~d full, lire insur~nce ~r? eF~e uswl t~u~dud poticy fam, in ~~um app~oved ay ~Fw MOR~GAGEE. ~nd w~ndslam i
~n~w~nct in tM uiwl iundard poi~cy 1a~n. in • surn ~pproved by ~M MORiGAGEE, in wcA comP~nY a canpan~es as Iht MORTGAGEE may ~
d~r~tt: ~nd at! lir~ a.~d wMJsrorm insura~cs polK~es on aoy of ~a~d build~ops, ~ny in~erts~ ~hcrci~ or ~art ih~~ac~f, in the +y9~c9~tt sum ~fw~said o~
in eauu ~hereof. shaU ca+~au~ ~M uswl su~,dud mor~9sps~ dause a such o1M. cl~us~ u eM Mayaqes may ~eQu~r~. ma?inp tM lou urvl~+ •e~d polF
c~es. exh and we.Y..varab!e a se~d kattGAGEE as ~ts in~rres~ m~r app~+~. ~~d each and ~vcry iuch po~~cy she11 be p.ompUy au9~cd :.nd detive~ed •o ;
•ny Atld ~~y s~~d +KC~RIGAGfE ~s lunhr~ sccu:ity to sa~d mw~ysfl~ debt, u+d. not le~s tMn ?rn /101 dsYS in ad~s~xs of ~he eapu:.uon of e~ch pol~cy, to da !
Gve~ to u~d MURiGAGEE a renewal ~hrreof, tope~he~ wiih • rece~pl tw tM pre.~::m af auch re~ewal; and there shsil t~r ~a fue o~ wi~uf~~am insuraoc~ :
plxed on ~ny of seid bu~id~nys. any interetl the~e~n ot pa~t the?eo(, unleu in the fam ~nd with tM toss pa~able at etaesa~d: and in the event ~~y sum ~
of nwnsy becanes paY~ble v~de~ such poticy a polKies said MORTGAGEE shall have 1A! OptiOrl f0 fKeire s~xi apvty the aams on accwnl ol tM indeb~ed- f
neu ~ccu~ed he~eby a w perm~t sanl AhORiGAGORS tu rece~v~ u+d us~ i~ a anY px~ the+eoi fcr o~iw•. Nw~.asr:. .•..+~~u~~ th:.~u~ wa~~~:,~ o~ ~~npa~~• i
ing anr eqv;ry, I~a? a riyh~ under w by virtw of ~his morspaye; ~nd in tM ~ven~ a~~d /NORiGAGORS sha11 fo~ any reason (ail to keep ~he s+~d ~xemises w ~
~ns~red, w f~ii b~ie:~~a+ p~o~4?Hy aoy of said po~K~es o( i~suranc~ 1o sa~d MORTGAGEE, or fa~l promp~ly to pay fu~+y «~y N~r~~~~u~n tAeretp w in any ~
?e?~vct fail a p~r(am, d~scMrge. eaecure. e(fec~, coropler~. comply wirh and ab~d~ by this covenanL w any par? he~eof, sa~d MORIGAGEE may pl~cs •~d +
par (w such inwruue or anY P~~I ~Ae.eoi w~~hout waivinp a ~ffMiny ~oy opt~on, lien, equ~ty. w riyh~ unde. a by virtw of ~his Mort9a9e. a~d ~he
full a~.aun~ o( exA and ~.e~Y such pa~m~em iha~l be ~nrnedi~tely dw and payabl~ and sMll bcar int~vest from ~hs date thereoF ~nril pa~d ins rar~ ot
n,ne pe~ cenr„m pe~ a~+n~m a~xf ro~r~hrr r?~~h such intrresr shali be secured by tM lien oi th:s matgage.
4. To permit, commit or suffer no waste, tmp+irment w de~eriorarion oi said property w~ny p+rt thereof.
S. To p~y all +~cl singutar the costs, cM~qes K+d expenses, inc~udirp a ~e~sa+able attwney i fee and costs of absuacts oI litls, incu?red a paid _ at
eny t~me by s+:d MORIGAG:E. because o? ~n the event of tM t~~lwe on the part of ~he said ~1hORSGAGOR ~o d~ly. Promp~ly and fully periwm, d~uMrge,
e:ecure, effcu, com~4te, compty w~th and ~b:de by each ~nd every ~he stipulafans, agrreme~n, cond~t~ons, +nd covcnan+s of sa~d prom~uwy note and thi~
mwtgage ~ny or e~~her. and ss~d cosTS, cMr9es and expenses, e+ch and eve?y. sMll b~ ar+mediately due and paYSb~e: whrfher a not ~here be no~~ce da
mand, attempt ro collect or sv~t pend:ng; and tM fuii amoum of each snd every such paym~n~ shatl bca? imeres~ from ~1+e dd~e the~eof w?til p~id at the
~atr o~ nine pe~ crntum ~r a~~nu:n; and all sa~d cosrs, charges and c~pe~srs i~+rreJ o~ paid, together w~fh such ~nterest. shail be secu~ed by the lien of thu
mortyape.
' 6. Tha~ (a) in the went of any brexF~ ot fh:s Mwtgage w default on ~he part of the NWRTGAGOR, a;b) in tne event sny of satd sums of money
here~r referred to be not pra+~plty and fullV paid within th,rtr l~) da~s ~cat afte~ tAe same serera'ty 6eca+~e d~e and payable, without demand o~ notice,
or (c) ie the event eacA and every the stipulations, ag~eemenn, caxl~+~ons and covtnants of sa•d pom~sawy nore and th~s mortqsge ~oy w e~ther ar~ nd
ivly, promptly and f~lly perfor~.+ed. dncnarged. eaecuted. eftected, completed. compl~ed with and ab~ded Sy. ~hen in e~~her w any iucA went th~ ~aid aQ ~
grcgate wm mentw~.ed sa~d prom.ssay nota thrn remaining unpa.d, with iMerest ac<r~ed, ar.d atl moneys secured Aereby, ahall become due and p~y- ~
eo~e forthw~rA, w rherraf~m, at +!?e opr~o~ of sa~d NWRTGAGEE, as i~lly +nd compktelr as it a~~ of the sa~d a~r-++s of money we~e org~nally st~pulated ~
ro be p.~d o~ such d.:y, anything in sa d pran~sswy ~o~e or i~ thia lVlwtgage ~0 1he co~t?ary notwithatand~~~g; and ~herevpon w thereahe~ a1 ~he option of
sa~d MORiGAGEE, v?~:hout nor~ce o~ demand, suit af law w in eqv~ty. thcrdore w 1he+rzlter begun, ~nay be proucuted as if all nwneys secured hereby
nad maturcd pr~w ro ~rs ~nsutWwn. -
7. iMt in the event that at the bea~nn~ng of a ~t any tirne pendinp any su:f upon ti~~a Mongage. a to foreclose it, w to reiwm it, or to entorp
payment of any daima hc~ew.der, said A4JRTGAGEE shali apply to the Cou~~ having Iunsd~aion the:eof (o~ the a~o~ntmem of a Receiver, such Gourf shall
Fcrrhwith appo~nt a recc;.e~ of sa~d m«rgaged prooerrr +nd si^9ular, includ~ng al: and_ s~nguiu the income. p~oi~ts, iss~r_ ~~+d reve~wes from what~ver
so~~ce drrired. cach ~d evc.y of wh:ch, i~ be~ng express~y unders~ood, is he+eby mortgaged u~1 spec.l~cal:y xt for~h arvf des.•ibrd 'u~ ~he g.anein~ and
habendum davus herroF, and such Rece~~e~ shan Mre aU ~he broad !~d e1Fec+~vr funcnons and powers in anyw~se cntrusred by a Cou~t to a Receiver, ~nd
s_ch appoinrmcnt shatl iee made by svcA Co~~t as a~ admitted equity +rr! a matle~ of abso~vte r:gAt to said lNORTGAGEE, and without refe~ence to the
e.iequacy o? ~nadeguacy of the value oi ~he p.ope.ry mongaged w to tF+e w.vency w~~:ofvency ol sa~d AM1ORiGAGO~ w the defendents, and thal s~ch
re~rs, profits, incane: ~ssues and revenLes shall be applied by fYC~1 RKNVH xcord~ng to the lien or eq~~ty of sa~d MORiGAGEE and the pr~ct~ce of such ~
Court.
8. To du!y. p+ort+pilY a~d (v11y perfwm, diuhs¦9e, e:ecute, effect, compkte, comply w~th and abide by cach and erery the stipulations, agreeme~ts,
-;undit~ons and covenants ~n sa~d praniszay note and this ~rwtgsge set fwth.
9. That in rhe even~ ~hr ownenh~p of the mwtgsged p.e~*~~ses. w any part tF~e.eof, becomes vested in a person other ths~ ehe MORTGAGOR, the i
MQRTGAGEE, its succeuors and ass~gr.s, may, without not~ce to the MORTGAOR, deal with such successo~ a succe~sor :n interest wi~h reference to th:s
mo~tgape and the d~b~ ~errby secured in the ume manner u wnh Nbrrgago. w~thout i~ ~ny way vinating or d~s:ha~g~ng the Mcrrgagwi liabil~ty herr
~r.der w vpon fhe dr~t he~ebr sPCVred. No sale of the prem~xs he~eby mw+gaged and no torbearsrece on she par~ of ~he MORiGAGEE or its successws
or ass~g~+s and no extr+s~on of fhe rime fw rhe payment of the debt he.eby secured g~ven by the MORTGAGE' o~ its successus w ~uigra, shall operat~
~o re~eau, dscharge, mod~}y cM~ge a effect the wig~oal Iia6~Gry of fhe MORTGAGOR here~n, e~ther in whote o~ in "put-
10_ h~s speuf:cally agrced rhar t~me ~s of the esx~+ce of this con+rac~ and tha~ no w+7ver of any ob~~gation here~~de~ w of the obligatan sr
c:,.ed hereby sh:~i a~ a~y time ~t~reafter be he:d to be • wa~ve+ of the terma hereof or ol the insrrumem secured he.by.
I1. ~n aod+:oo to r'ne iaegd~~~ mw+th'y paym-nts ol pri~cpat artd i~tc.est requ:.ed by the p~a*:~ssory no~e secvred hereb~, mor~gagor coveoants
a~d ag~ees to pa~r to ~~ortgagee v~iih tach mo~thly pay~.xnt an add~~ianal sum es!~mated by rtw~tgagee Io be eq~al to 1;' 12 of tht ann~al tost Of the f01{ow-
~ng:
A-Atl real properry taaes ley~ad w assesseci agsi~st ~he above described rrsl esrite.
g--Pr~~,:::,•r.s o~ f+:r and w~nd~ram ins~rarce as heroin req~:rcd ta be ca~r~ed e~ the improvemenrs situate w+ the above described premises. ~
' C-P:r~~~~ns o~ such mwt9age 9wranty ir.svronce as mwtgagee ahafl from ti~ne to time aecm fit to carry o~ the loan setured hereby.
Mortga9te :~a 1`•. v*+ +~+^e to t~n,e no~~fy mongagor ~n wr~t~ng oF ~he amoun~ dve and payable he~evr~d..•. and such su+n shatl thcrevpon be due and
:.erjtrle on thr d:;e da•e of ~h_- ne¦r mo.~th!y paymero and exh success:ve mw~th therealter ur.tit mortgagee shall rwt~fy mortqaqw of s cbange in wch
a*~o~:~t_ $uch au^+: s~.+.~ ~e appi~ed by mwtgagee toward the payment of real property ta~ces, insura~xe p~em.ums, a~id mortgage guaranty iruwance
c•emwms.
IN ti11TNE~:. :ti'MfRiOF fne sa~d MORTGAGOR has hereunto sN hn hand ar~d seal the day and yesr fint ~foresaid. -
~ ned. Sealed and de:ivered ++x w~ or: - Her
Josephine ( ) ~t'ltlett ~ K,a~
• - a xido~, a. . . ~sephine ~,q
~ Clap~on Bennett
t.~ (Sea~
rs..q
STATE OF FLORIDA -
u.
_~~vTM ~ St. Iucie ~
e~fa~ ~..~:lY ,~a.~e Josept:ine Bennett, a~rido~ a.k.a. Josephine Clayton Bennett aq~x
• j~i~ to me well known and known fo me fo b~
rhe ind~vidual~ descriGed in and who e,~ecuted tF+e fore9arg instrument, and acknowledged before me ihat ~er e~cecuted the same fa the purposes
rherein e:pressed. X~~ -
- ~
~F r
3
\Y1TNE55 my hand and off:c~~l seal thi1 ~_~'i'L- day of `l A. 0. 19 ~ ~
~ f~~.~ ~
Notary Public in and fa t~ Stst~ of Fbr;da ~t larpe t
My Comm.uion eap'ues: f , ~ ~ r. #
Retvrn io: ~
v{ ~'~/-1/
Fint Fedr~~l Savings a loan 2i 1~~7~ r,~
~ ~ Of Furt P erce .
Fort V~e:ce. Fcc+;la , ' , ~ • . -
F~~fo ~~a ~~cap~EO : : ,
st ~uc~E couNtr - : _ . : -
ROGER PO~TIt~S - .
C~E~IR CiaCU~T COU~t . ~
This Inst?ument Prepared By Joht1 ?d. Co11fAS 11EC01?D ~E~~F~EO
First Federal Savings E~ loan Associa~ion '
of Fort Pierce ~ glorida ~ 6'~ Z~ I
Checked By _~.,~i(~~--~~ ~
i
!
~
- 0 R 3~3 ~
a~oK 193 ~104
. -