HomeMy WebLinkAbout2563 J. ~o p~ece ~nd cominvouaty keep on the b~~;Ji~~hs n~w a he~rair~r siluete on said land and o~ all equip~nent and pertort~lly tove~ed by ihi~ ma
•gs, w~th •II ptemiums thercon pa~d in 1~f1, fire insura~uu in the ~swi s~mKlerd po~~ty lorm, in s wm epprovad by the MORIGAGEE, and winds~o
iniurante in tho usual siandard po~•cy tor~n, in a su~n ap{~roved Ly the MORiGAGEE, in sucA tdnp~ny or tompan:es ~f the MORTGAGEE m
dired; •nd all 1ir~ snd w~nds~orm inswance poliNes on any o( sald bu~~d~ngs, any iorereat the~ein or part thrreof, in Iha aggre9a~e ~um afaesaid
in exceu ~he?eof, thall comain the usual atanJard mongagee c~suse or such aher cl~uie ~t Ihe Mo~lyagee may ~equ~re, makinq tM lou under ~a~d po
c~es, each and eve~y, pavable to ssid A10RiGAGEE as ~ts ~nter~•st niay sppear, a~~d eech and every wch policy ~hall be prompl~Y 9^ed and d~t~vared ~
sny held by said MORIGAGEE a~ (ur~her security ~o se~d ~~~ongoye dCb~, a~~d, no~ Icss than ten (I01 days in advance of the expirat~on of e+ch pol~ty, to d~
hver to said MORiGAGEE a renewal Ihereof, together with a rete~pt fw the Frmnium ol such ianewal; and Ihere shall be ~o fi~e or wind~to~~n insurant
plsced on any o) said lwild~~gs, any intcre~t therein or pa~~ the~cof, unlc:s io the iorm and wi~h Ihe ~os~ payabte as aforeseid; and in the evant eny sun
01 mo~ey becomes payable unde~ such policy w po~~cies said MORIGAGEE shalf have the op~~on to rece~vc and apply the sa~ne on accovnt ol 1he indebted
nefs setured hereby w to permil sa~d MpRTGAGORS to rece~ve and uie it w any part thereof lor osn~~r purF.osci, v+~~hout ~h:•. o~ wai~ing or ~mpa~r
ing ~~y pu~ty, lien w righl u~drr a by virtue o1 th~s mo:'geye: and in ~he event sa,d MORiGAGORS shall !o? eny reason (ail to keep the sa~d pnmite~ ~o
~~~~ured, or tail ro drliver promptly a~y of sa~d pol~cics o1 insurance to sa:d MORTGAGEE, a fail promplly ro pay fu~ty any pre~n~um therofw a in a~y
respcd lail lo pe~fwm, d~scharge, exeturo, elfect, comple~e, ta:nply wi~h and ab~de by thif tove~ant, or any pa~~ hareof, sald MORTGAI'sEE may plate and
pay fw ~uch inaurance or any part thmeof w~~hou~ waiving w af(euing any op~~o~, lien, equ~ty, or right under « by vinue of this Matpaps, and the
f~ll amovnl oi esth and ewry such paynient ahsll be ~mnxd~ately due and payable and ahall brar inlerest lrom Ihe date thcrco) until paid •1 the raq ol
n~„e per c.mtum pe? annum a~x1 to~rther wnh svch intr~~~~t shaii t~e sccwed by lhe lieo ol th~s mottyage.
1. To permi~, commil or suf(er no waste, impairment or deterioration of sa:d property or +~y parl thereaf.
S. To pay all and singular the costs. charges and expe~~sea, in:luding a reesonalrle al~o~ney i fee and cos~a oF abstractt of title, incurred or paid a1
eny limc 6y said MORTGAGfE, because or in the event of ti~e {a;lure on ehe pa~~ of the said MORTGAGOR to duly, promptly and fully perform, d~uherge. •
exec~te, effect, complete, tomply wrth and eb.dr by each and ev~ry the stipulat~ana, agreements, condit~ons, and tovenants of said promissory nole and this •
~~ortgage ~ny o~ eitlxr, a~u1 sa:d cosn, charges a~~d expenscs, rach and e~rery, shell be immedutely due and payable; whether a not there be no~ice dr i
mand, attempt to co~led or wit pend~ng: and the ful! amount of each and evcry suth paymem shall bea~ intere~l }rom the date thereof until paid al the +
~.~+c o! n~ne per centum Fxr an~~u:n; and aH aa~J wsts, cha~~rs and .,.Ex~~ses ~ncuned or peid, toye~hcr w~th s~ch inttrest, shal) be secured by the liee of th~
mortyap~.
6. Tha~ (a) in the eve~t of sny breach of this Nlortgaga or deia~l~ on tM part o( the MORTGAGOR, or (b) in the event any of sald tums of mo~ey
herein refe~red to be no~ prompNy and fully pa~d with~n ~h~rry ~30) days neat aite~ the senu severa:ty become due snd payable, wilhoul demand o? notice.
or (c) io the eveM each and every ~he stipuiatio~s, agreements. candrtions and covenants of se d p~omisso+y note and tA~s mo~lgage any or either are no1 {
iuly, promptly and futly perfo~med, d-schargrd, ececuted, efiected, compteted, canpfied with snd abided Sy, then in e~ther w any such ~veM tF?~ sa~d
gregate sum mentio~ied in sa~d prom~asory note then remaining unpa~~, w~rh interest acuved, and all mo~eys secured hereby, shall becom~ dw and pay-
abie fo~thwith, w thereafter, a~ the opr~on of sa~d MORiGAGEE, aa fully aixl completely as i1 a~l of the said aums of rtwr+ey were or~inatly ~tipulsted
te be pa;d oo such day, anyth;ng in sa d piom:ssory no~e or in this hlorigage to the co~~rary natwiths~and~~~g: and thereupon w thereafter a~ the option of
sa~d MORTGAGEE, witho~t notite or deinand, suit at law or in equ~ty, therefore or thereafter beg~n, may be prosetuted as if ~II money~ ~etured Ixreby
n~d matured pr~or to its ms~~tut~o~.
7. That in the event ~hat at ~he beginn~ng of or at any time pend~~~g any wit upon fhis Mortgage, or to foreclose it, w to relorm i~, or to enfo?ce
paymeM of any claims hereu~de+, said MORiGAGEE sha11 apply to the Cowt ha.i„g ~ur~ed•c~;on thereof for the appo~ntment of s Receiver, such Cour1 ahall
to~thw~th appoinT a rete~ver of sa~d mortgaged prop.~rty all and sing~lar, indvci ng all and s~ngular the income, p~olds, issves ~nd revenues from whateve?
sevr~e de~~ved, each and every of wh~ch, ~t be~ng express!y ~nde~s~coei. ~s hereby mori~agrd a~ if spec~licalty set io~th and desvilxd in the granting and
habendum cia~sas hereof, and such Rece~ver shall hava a~~ ~hz b~~ad a~~d effecn~e funu.ons and powers i~ anyw~se emrusted by e Court ro~ Receiver, and
s. ch appointment shall be made by such Coun as an ad mtted eq~ity and a nwtter o( ab:olvte nght to said MORTGAGEE, and without referente to the
adequacy or inadequacy of tF.e value oi the properry mo~tgaged or to the so.vrncy or iniotvency o( said MORiGAGOR or the defendants, and that such
re~.n, profits, incane, issues and revenues shaf~ be app~~ed by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the prattite of such
Court.
8. To duty, promptiy and futly periorm, d~scharge, execu~e, effert, complete, comply w~th and abide by each and a~ery the stipulations, ~greements,
co~ditions and covenann m sa~d prom~ssory note and ~hls mortgage set tcwth.
9. That in the event the owr.e.sh~p of the mortgaged prem~ses, or any pa~t thereof, becomes vested in s person otlxr than the MORTGAGOR, the
~10RTGAGEE, its successors and ass~ans, may, wi~hou~ not[ce to +he MORTGAOR, deal wuh such successor or su:cessw in interest with rc(erence to Ihii
~,o-tgage end the debt hereby secu.ed in the same manncr as wnh Mortgago. wf~hout in any way vit~ating or d~xharging fhe Mo.~gago~i liabitity hera
v~~der or upon the debt hereby secured. No sale of the Frem,sea hereoy moitgaged and no forbearante on the pa~t of the MORTGAGEE w its ~uccessor•
o• assigns and no extension of the time ior the ~aymen~ of the deb~ hereby secured g~ven by the MORTGAGEE or its suctessws w assigns, s~~all operate
ro release, d~scharge, mod~fy change or alfect the orig~nal liau,l~ty of ~he lJORiGAGOR herein, either in whole w in part. .
10. It is spec~fically a9reed that t~me ~s of the essence of this contract and that no waiver o( any obl~gat~on hereunder w of the oblipatan s!~
c~red hereby shaN at any time tt~ereaf:er be heid to be a wai~er of the terma hereof or of the instrument secu.ed herby.
11. In add,tio~ to the fOrego ~g monthly payments of princ pat and interest required by the prom~sscry nae secured hereby, mortgagor covenaMs
and agre¢s to pay to mortgagee ~nish each ~r.o«th`.y payr.~ent an add~r~onal sum est:n~ated by mortgagee to be equai to 1,' 12 of the aonual cost of the follow-
'
A-All ~eal property taxas levicd or assessed agai•ist thc above described real estate.
6-Prem~ums on fire and w~ndsturm msu~arce as herc~n roqu:red to be carried oo the improvements situate on the above described premises.
' ~-premiusns on such mortg3ge guaranty ir.surar.~e as mortgagee shall (rom 1•me to timc deem fit to tarry on the loan sewred hereby.
Mortgagee sfiail from Nme to t~me no:lfy mcrrgago+ m wr~nng of the amount due and payable hereunder and such sum shall thereupon be due and
;.~vable on the due dare of ~he ne¦t month:y payment and exh successive mo~th thereafter until mortgagee shall notify mortgagor of a change in such
N ~~:o~nt. Such sums sF.ai! be app!ied by mortgagee ~oward the payment of rea! property taxes, insurance p~em:ums, and mortgage guaranty insunnce
~ c~•emiums.
i IN WITNESS NHEREOf, the w~d MORTGAGOR has hereunto set his ha~:d and tcal the day and year first aforesaid.
Signed, Sea n ivered in the prexnce of:
~ ~fa•w. J ~r.~~...n
~ ; i _ -.~-e~r.l ~ ~ . x.~ enc~~ cs~.~
(Se+~
_ _ _ n . . ~n
s,ATE OF ~..-~.-t-.~ ~ ~ ~ y
~ .
co:;NrY oP 1
before me perwnally appeared La~?renee A• waTd
Helen C. Ward hi~ wife, to me well known ~nd known to me to b~
tF.e individua:s deuribed in and who executed ~he forcgoing instrument, and acknowt ed before me that they exetuted the same fa tM _ pwpwes
Helen Wazd ~
the•ein expressed. And the seid_ .
~,Ife of the sa~d I.aa?rence Q. S'~1STd upw+ • iepa.~tt snd-~ W~ •
e.am~narion oy me raieen separare and apan irom ner seio nusosnd, ecienowiedged to srx3 beiw~ ms IIw1 ~he rxccvtetl said +nitrun~,~i. ttiG`' -'ir
~ rar~l~ and w~thout any compulsioo, constraint, apprehens~on, or fear of or from her wid husband. ~w
WITNESS my hand and of~icul seal th~s_. day or_. September , y' p~~ 7~`!.t
~ ~ .
~ 9' U IN PAYMElIt OF TAXE~ _ ~ ~ L~ ~ ~ ^ ~
~~AT E~F F L O R 1 C,~A ~ ~ I~~GIBLE PEESCYAL P~~ ~ary PubIK in •~+d (w the S+ate Q
.1,~.'JMEN7Ap" STAMP _ax ~~~T TO ~`R ~724• II~TS Of 194L My Comm~ssion ~apires:
- , . o
~ ROG~R POITRIIS. qe~k Qrcuif Court : ~~~r~~ .
~-F~ z~~i .a~ ~«~a~ L ' 1' ~ 4~
~ 2' g 4~ e u~l
$tnt ~01 DANIEL N. KNOWLES, 1R Mp Catami;y?.m Ex;,~!~ 1~ fd 1',1l7~' :
° ~ ~ - ~aSt Lucie Cour.t~ Tax Colledor L/- / - ~ Y l j ~1~
i.iis,iz = .
. ~ __1~G~-N~ ----~~[~b ~H: ~EC~AOEO ~
U DEPtltY C~[~6T. LUCIC G3UMTY FL~.
~.'fhi~ h?sttvme~t Prepared By ~Qhn ~~i. Col l ins ROCEa F3~TR1?S
CIERK C~itCUIT COUIIT ~ ° ' ~
_ Fitst;f.v~al $avings ~iLoan Association RF.COROVE~~~f1E0 °
. ; of~rt ~ierce, Florida
S~ 11 ~ s6 PN'TI 216109
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: ~ ~ aooK 195 PAGE2561
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