HomeMy WebLinkAbout2253 . •
. . 1~
~ ~ . ? . . .
3. To plece and coniinuously Aeep on the b~: d~nga now or hereaf~er a~tuate on sa~d land and on a!1 equ~p~nens and persons!ly covere;d Ly th~s Ria
sge, wlth all prem~vmi thereon pa d in f.,u, i~re ~~~s.;~a ,ce m me w„a~ s~a~w~iard ~w:,cy furm, in a s..m aNp~o.ed by the AtuR.i;=~GE~, e~ -1 w~~~ds~o
~ns~r~nce in 1he uswl s~an~iard po:.cy lorm, in a sum appro.ed by thc MORTGAGEE, in such tompany or compa~:es as thr MORI~Ai:.EE m
d~rect; and afl tire er.d w~~dstorm inswa~ce poi~c;es on any of sa~d bu~!d~ngs, any inte~e~~ rhere~n or par~ thereof, in she agg~ega~e su~» aTOCesa~d
in eacess Ihercei, shall co~~ain the usual sta~~d~rd mor~g.~gre cla~se or iuch o~hcr ~la.,ss as the Mortgegee may reqwre, ma?ing ~he +oas u~edr~ s.+~J po
t~es, each and every, payab'e ~o said AtORTGAGEE as ~ts ~nrerest may appear, and eacn and e~e~y tuch poi:cy sha~l be promp~~y ais g~.ed a~-.d de ~v~•rrd
•ny htld by uld A10RTGAGEE as (uriher security ro siid n•~ongage debt, a:~d, no~ !ess than trn (10) days in ad.a~xe of ~he e.H~:ee~on of each pol~cy, to d~
Gve? to said MORTGAt;,EE e~enewal the~eof, to~e~her wi~h a rece~p~ for the pre~n~um oi such rene~nal; and ihere sh~u be ru i,re o~ w~~+~lsTC~.n r~s~ranc
placed on sny o) sa~d b~•~!d+ngs, any inurest ~here~n or psrt thereof, vn'ess ~n ~ne torm and w~~h the Icsa payabie as a(cre:a~d; erd the e.cnt a~~y w~
of money becomts payab~e under s~ch poGCy or Whues stid h1URTGAGEE shall have Me opt,on to rece~ve a~:d apF• y thr sa:t~e on acco~ v ol thr i~~.ict~~rd
ness secured hereby or ro perm~~ sa~d MORTGAGORS to receive and use it or any par> >hr:eof tor a•~• - ~u:. cs.•s ,.;~~~o.:t ih:•~ .~..~~~'7
+~y any equity, L~~ or right under or by vinue of this mo'tgage; and ~n the event sa.d MORTGAGORS sha!1 fo~ any reason fa~l to krep ~he sa~d p~emisrs so
~nsured, or fai: to del~ver promptly any oi sa:d pol~cief oi ~niuiance to sa d MORTGAGEE, er fa:i p:on:ptiy to pay fu,~y any p~e ~~~.~m theretor or ~n a~y
respect fail ro perform, d~scha~ge, exr<~te, effect, comp!err, co~~,ply wiih and ab~de by ~h~s coven~:», or any pare hrreof, s+:d MGRT;,aGEE ~~~ay p~a:e a~o
pay fw wch insuronce or eny part thereof wnhout waiving o~ affeuing any opi~on, iien, equ~ty, or n~ht under or by v?tue of fh~s Mo~~gege, a~d thc
full am-wm of each and e~~err such paymem shall be ~mmediettly d~e and payable and shail brai inte~est 4rom ihe date thereof un~il pa~d at the ~ate ol
n~ne per centum per annum and to~ether v.~~h wch ~nteresr sha~i be srcured by the 6en of thit mortgage.
To permi?, commit p suffer no waste, impairment or deterioration of sa~d property or any part thareof.
5. To pay all and singular the coat~, charges and e:penscs, ~ndud~ng a reasonable attorney's fee ar.d coets of abstraus of titie, incurred or pa~d at
any tirr.r by sa~d MORiGAG:E, beca~se or in the event of the fa~iure on the part of the said MORTvAGOR to dufy, promp~ly and fuily pe~form, d~siharge
e~ec~ee, effect, complc~e, comply w~ih and ab.de by each a~d every the s~~pu~a~~ons, agreemanrs, cond~i~ons, and covenanrs oi sa~d pro~n+;sury nore a~~d ~h~s
rat9sge any or e~~her, and sa~d cosrs, chargea and expenses, each and eve:y, shall be immed~ately due and payab:e; whethe+ o. not thare be nor~ce d~
mand, attempt to tolleci or s~it pend~ng; and the ful! aTOUnt of each and e~ery such pa~ment shali bea~ irnerest from ~he date thereot until pa~d at tV,e
rrte o~ n~ne per crnr~m prr an~~u:n; and all sa~d costs, charqes and ex~~~ses Irxurred or pa~d, iogether w~th such mterest, shall be setured by the i~en of th~s
rrwrr9egs.
6. That (a) in 1F.e even~ of any breach of this Mortgage or default o~ tFr part of the MORTGaGOR, w(b) in the event any of sa:d sums of money
herein rcferred to be nm pro~npr~y and futly paid w~rhin th.rty ~30) deys ne,.t atter the aa~~e se~era'ty become due and payable, w~thuut demand or not~ce,
or (d in the event each and cvery the stipulat~o~s, agreements, cond~'ions and covenams of sa•d promisso~y note and th.s mo~~gage any or e~ther are not
~u:y, promptiy and fuily pe~formed, d~scharged, ezec~ted, elfrc~ed, compteted, compl:ed with and ab~ded 5y, then in either w any such event the sa~d ag
gregate sum mentioned in said promissory note thrn remaining unpa~d, w~th ~nterest accrued, and a:l moneys secured hereby, ahall become due and pay-
able forthwith, or thercafter, at the opt~on of sa+d MORTGAGEE, as fully arx! comp!etelY as if all of the sa~d s~ms oi money were on9u~a;ty st:pu,atcd
to be pa~d on such dsy, anything in sa.d promisscxy oote a in th~s Mo:rgage to the cont.ary not.vithatandu~g; and ~hereupon w thereafter at the op~.on of
said MORTGAGEE, wrthout nohce or demand, suit at law or in equny, therefore or thereafrer begun, may be prosecuted as if all moneys sec~rcd hereby
nad matvred pncx to rts instituuon. '
7. That in tl+e event that at the bcginning of or at any time pending any su~t upon this Mortgape., or ,fo fwec{p~e it, or to reiorm it, or to enforte
payment of any ciaims hereunc3rr, said MORTGAGEE shall a~ply to the Court havir.g ~unsd;c!~on therebF~frn the apwmtmem of a Recerver, such Co~rt shaii
fo.thwieh appo~m a receiver of sa~d mo~tgaged praperty all and sing~lar, indvd.ng a~l and s~ngular ihe income, prof~ts, issues and ~evenues from wh;te~•er
seurce drriv~d, each and every of wh~ch, it be~ng expressly ~nderstood, is ?~ereby mongaged as if spec~frca:ly set for~h and deuribed in ihe grannn~ and
habendum cla~ses hereof, and such Reteiver shalt Aave ah ihe br;,ad and effec~~ve f~nct.uns and powe~s in anyw~se entrusted by' a Cou.t to a Rrce~ver, and
s.ch appoi~tmenf sha~l be made by auch Court as an admnted equity and a ma~rer of absoiure nght to sa~d MORTGAGEE, and wi~twut reference to the
edequacy oa ~~adequacy of the value of the property mortgaged or to the so.~e~cy or ~nso!vency of sa~d MpRiGAGOR w the defendams, ai:d th;t s~ch
renrs, profits, incane, issues and revenues shall be appiied hy such Rece~ver accord~ng to the lien or eq~ity of said MORTGAGfE and the praU~ce ~f such
Coutt. .
8. To du!y, promptly and fully perf~r+n, discharge, execute, ef}ect, compiete, compfy w~th and abide by each and every the stipulations, agreements,
conditions and covenan~s in sa+d prom~saory noie a~d th~s mongage set forth.
9. That in the event the ownership of the mortgaged prem~ses, a any part te~reof, Nccomes vested in a perwn other than the MORTGAGOR, the
' M.ORTGAGEE, its s~ccessors and ass~gns, may, w~:hou~ nonce to ~he MORSGAOR, deal w~th such wcceuor a s~ccessw in ir.terest w~~h reference to th~s
mortgage and fhe debt hereby sec~red in the same manner as w~ih titio~f~ago. w~~hout in any way vit~ating a d~uhmging the Morrgagors' tiability here-
under w upor+ the debt hereby sec~~ed. No sale of the Frem~ses hereby mortgaged and no forbearance on the part oi the MORTGAGEE or its successors
or assigna and no exten:ron of fhe f~me for the payme~t of the deb~ hereby secured given by the MORTGAGEE or its successws w au;gns, aiiall operate
ro rctease, d~scharge, modify change or af(ect the orig~nal Gan:~~ty of the MORTGAGOR herein, either i~ whole w in part.
10. !t is speufically agreed that time ~s of the esierue of this contract and that no waiver of any obli9at~on hereunder or of the obEigation se-
~ cured hereby shah ai any tirrK the~eafier be held to be a wa~ver of the te:ms hereo! a of the instrument secured herby.
j 11. In add.~:o~ to the forege ng monthly payn,ems of pri^c pal and ~nteresr requ~red by fhe pron,!ssory no!e secured hereb~, mortga~or covenants
~ jnd agr~es to pay to mortgagee v~A~ each monrh:y payr,ient an add.rional s~m esr:ma~ed by mortgage~ ro be equal to 1; 12 of the annual cust of the follow-
:ng;
~ A-All real property taxrs lev~,~ or a:sessed aga~ :st th~ aoove desu~bed r~a~ esrate.
~ B-Pre~r~ums on fire and wlndstorm ]nsurarce as here~n req~:red ro be carr~ed on the :m;:rovements s:t~ate on the above d~scr~bed premises.
j C-Premi~ms on such mortgage gua~anty icsurance as mytgagee shail froT t me to t~me deem fit to carry on the loan secured hereby.
s Mortgagee shail from time to n:,x norif~• mengagor in w.~ting of the amou~t due and payable he~eundrr and such su+n shall therrupon be due and
3
~ c ayabte on +he due dare of the next month:y payment and each wccessive month the~eait~r ur.til mortgagee shall not:fy mortgagor of a change in such
~ amo~nt. Such sums sha:i be app~~ed by morrgagee to.rard the payment of rea! property taaes, insurance prem:ums, a~~d mortgage g~aranty insurance
q p~emiums.
R
= IN 1'~ITNE55 ~'b'MEREOF, the said MORTGAGOR has hereu~to set his hand and seaf t day and year first sfo~esaid.
~ Signed, Sealed a:~d d~iyered in the presence of: FILED RN~ RECCROEG 1~~^~~~
~ - ? ~i<lCi ~-'~!!t' ~
; ST_ lUClt tiOUMTY FLA. """~l (Sral)
~ ~1~~ ROCE~. ~OETRAS ~ ruce F. Goo wy'~'~ ~~a~~
~ CLE1K C.R;,UiT COURT / ; ~ : f ~ ! ,1 (Sean
RfC~FD VFRtFIEO~ '
~ M ry ; . o wyn ~
~ (SeaQ
s uEC 1 12 37 PM'TI `
~ SiATE OF fLORIDA ~ ~
~ourvrY oF 5t . Luc ie
~ Befwe me perwnally appeared BruC@ F. Goodwyn a~
~ Hary B. Goodwyn
~ his wi{e, to me well known and known to me to be
~ The individuats described in and who executed the f«egoing irtstrument, and acknowledged before me that they executed the same for the purposes
~ Mar B. Goodw n
rherein e:presaed. And the said y y
" w~fe of the said Bruce F. Goodwyn , uFwn a separate and private
e¦am~nat~on by me taken separate and apart from her said husband, acknowledged to and before me that she exetuted said instrument freely and volurr
' raniy and w~thout arey compuls'wn, constraint, appreheny,pn, or fear of os from her said husband.
~ L/!
WITNfSS my hand and offic~al seal this ~a day of elAbeZ A. D. 19 71
_ ~~~xQU~
- Notary P in and fw the tate of Fl~ida at large,
_ My Com ~u:~n eapires: ~~y , bi / 9~ s
Return To:
:=3 Fint Federal Sav]ngs 1S toan Associanon I:nT;. ~Y pt~~t~ !C STAT~ OF Fl ORIOA AT I.A(~`
Of Fort P.erce G~+'~l~ISSlON EXPIRES AUG. 6. 1975
:``r Fort Pizrce. Her~da i.~ . GENERAL INSURANCE UNDERWRITERS~ INC„
~ t:
_ ~ -
- . . .
_
This Instrument Prepared By Wm ~ E . Braun= ~ ~ . ~ !
`~j First Federal Savings & Loan Association . '
: cf Fort Pierce~Florida , ~
~ . -
Checked By . ~ , ~ y'~•~
:-3 a~i9? ~2250 ~ ~
= ~
_.s