HomeMy WebLinkAbout1798 3. 7o p!ace and cont~nuo~sly keep on ihe bu~.~~f~gs no.v or t,e~rai~er s~tujte on sa~d ~and and on aL• equipment and personetly cove~ed by this mor
`y'. w;~h a!! ,tie,ea, ~:rd i::!1, f~•N ~ns~..a„c.• ~n tha :,s~.al seand~:d po:~eY form. in e sum ~pproved by Ihz MORiv:.GEE, a~:d windsto
~nsurance in the uwai uand~~d po~,cy fo~m, in a wm approved b~ ihr MORTGAGEE, i~ such company or compan~es as ihe h10RIGAGtt m
dlrecr and all fi~e and w~nds~orm insurance po~~c~es on any of sa~d budd:ngs, any interesi ~he~ain or pa~t Ihereof, in the aggregafe sum aforesaid
in eatess thr~eoi, shall con~ain the us~al it~r.pard mO~tgigee uause or such o~her c~~use as the Mortgagee may requ.ie, maMing ~ha ~oss undrr fa~d po
c~es, each and every, payab!e to sa~d A10RiGAGEE as ;ts in~erest may bppedr, and each ar.d etiery such po~~cy fhall Ix promptiy ass g~~ed and deuvtred ~
any held by sa~d h10RiG.4GiE as fur~he~ secuiity to sa~d n:o:tgaye dwt, and, not tess than trn (101 days in ad~ante ot ~he expiret~on of each poGty, to d~
i~ver to sa~d MORiGAGEE a renewal tt~ereof, togefher wiih a rece~pt fur the prr:n~um of such renewal; af~d there shafl be no f~re or winds~o~m msuranc
placed on sny of sa~d twild~ngs, any interest there:n or part rherroi, unfrss ~n ~he form and wuh the Ioss pa~a6le as afo~esaid; and in the evem any sun
of money becomes payable uoder such pol~cy o~ poLcies aaid 'AJkTGAGEE shaU heve ~he opt~o~ to recr~.e snd app'•y tne same on acco~nt o1 the indebted
nzss aecured hereby Or ~O petmil Siid MORTGAGORS t0 reCeire and ufe i1 Ot eny pa~t th'':cof for o:iirr pur~~ses. ~':~~ho~t th~nur ~vanv•i3 O~ uupau
mg any equrty. Len or right under or by virtue ot th~s mo:ryagz; end in the evrne sa.d A10RT~,AGORS shafl fcr any reason fail to keep fhe sa>d p~emises so
ins~red, o~ fail ro deliver promptty any oi said pol~ues of ~ns~rance lo sa.d h10RTGAGEE, or fa~: premprty to pay f~11y any premiurn the~efw or in a~Y
~esped fail to perfo~m, d~schaige, exewtr, effect, comp!etr, co nply wirh and ab~de by th~s co~ena:v. w any part hrreof, sa~d MGRiGAGEE may piace a~¢
pay fw suth inaurance or any part tfiereof w~thout waiv~ng or affecting any opt~on, leen, equ~~y, o~ right under pr by virtve of this hlwtgage, and tht
ful~ amouM of each and e.ery such paymrnt shall be ~mmedmtely due and payable and sha+l beat interest from ~he date thcreof until paid at thC rate o)
~,ne per cenrum per annu:n and to~eii~,rr v.irh such inrr~es~ sh.u, :,e i~:,;~e~ by the lien of th~s mortgage.
4. To permit, commit or suffer no vvaste, impairment or dzter~orarion of s~~d property w any pa~t thereof_
5. To pay all and sengular ~he costs, charges a~d expenses, ~n:~udi~,g a reasonable atto~ney's fee and cos~s of abstrads oi t~Ne, incurred or pa~d at
an~ time by said k~ORTGAG:E, because w in the event of rh> fa ~ure on ~he part cf ~he said MORTGAGOR ro duly, pro~~~ptly and fu~~y perfonn, d~uharge.
e,rcute, effec~, complete, comply w~th and ab.de by each and e.•e~y ~he st~pu~at,on:, agreemen!s, cond'+nons, and covenants of sa~d promissory note and thi•
r.o~tgage any or e~ther, and sa:d tosts, charges and expenses, each and every, shail be immrd~atefy due and payable; whe~her w not ehero be no~ite dr
r.:and, attempt to coltect or suit pend,ng; and the ful! amoum of each and evrry svch parmem shali bea. interest from the date thereof until paid at the
~:te oj nlne per tentum per annu-n; an~ aU said tcsts, cna:gzs and ~x:;r~~ses mcurred or paid, together w~th such interest, shall be secured by the I~en of this
mOrt9a90.
6. That (a) in ihe event of any breach of this hlortgage or defau!~ o~ ~Fw part of the l1~.ORTGAGOR, or (63 event any o( sa;d sums of mo~xy
hereen refe~red to be not prompNy and fully pa~d w~rhin tn.~ty i3Ji da fs ncxr a~!er ~he sa:na se,rera:ty becume due and payab!e, w~thou~ demand or notice,
or (c) in the event each and every the stipu~ahons, agreements, co~:d~t~o~~s and covenams of sa.d prom[ssory note and th~s mortgage any or e~the~ are no1
iuly, prompNy ar+d fully performed, d.scharged, ezec~ted, tifecred, completed, compi~ed with and ab~ded 5y, then in either or any such eveM the said ag-
g~egate sum mem;oned in sa~d promissory note then remaining unpa~d, w~rh ~ntere;f acc~ued, and a:l moneys sacured hereby, shall become due and pay-
e~'e forthwfth, w thereafter, at ~he opr~on of sa~d h10RTGAGEE. as fully and canplete~y as if ali of the said wms of money were or~ginally supulated
ro be pa;d on such day, anyth~ng in sa.d prom~ssory note or in th~s 6lorrgage to the co.~trary nor~+v~~hs~a:~ding: and ~here~pon or ~tx~raftrr at the opt~on of
s~,d MORTGAGEE, without notite or demartd, suit at taw w in eq~+ty, theretore or thereaf~er bequn, may be prosecut~ a~ ii~ell moneys secured hereby
r._d matured pnor to ds i~stitution. ~t ~ ~
7. That in the event that at rhe beginn:ng of or at any time pertd~ng any w~t upon th~s Mo?tgsg~, dr to foreclo}e ~1, or:to ~11o?ro i1. or to enforce
payment of any daims he~eunder, said MGRTGAGfE sha:l appty to rhe Court having ~u~isd.ct:on thereof fw the ep~ei~lfM~nt o~ a Re~ce~rer, ~uc1? Court shai)
tc:thwith appoint a receiver of sa~d mortgaged property at~ and sin~v~ar, ir~de,d ^g a~i and singuia~ the into~e, prof~ts, issues and reve~ues from whatever
s_urce derived, each and every of wnlch, it be~ng expr~ss'y unders~cod. ~s he:cuy morrgaged as if sFec:fically aet forth and described in tFx granting and
rjbendum clauses hereof, and suth Receiver sha:~ have ai! ~he br;;ad and effccr,ve f~rx!.ens and powers in anywlse emrusted by a Cou~l to a Receiver, and
s_ch appcintment sfiall be made by suth Court as ar, ad •~utcd rquity and a rratter oi abso~~te r~ght to said MORiGAGEE, and w~thout referer.te fo the
adequacy or inadequary of ~he vatue of the oroperry mor~gaged or to the so.vency or ~nso:vency of said MORiGAGOR or the defendams, and that such
e^ts, profits.. ~MO.ne, issues and rever.ues shaU he app~~ed by su:h Recer+er accord~~~g to the +~en or eqvity of said MORTGAGEE and the prauice of such
Court.
8. To duly, promptty and fully perform, dis:hrrge, execute, effecr, corr,piete, comply vvith and abide by each and every the slipulations, agreements,
cor,ditions and covenants in sa~d promissory nota and ~h!s mortgage set forth.
9. That in the event the ownership of the mortgaged prem,szs, or ar.y part thereot, 6ecomes vested in a person other than the MORT('iAGOR, the
:'~RTGAGEE, its svccesso+s and ass:gns, may, wirhout nci~ce to ihe A:ORivAOR, deal wifh svch successor or s~ccessw in imerest wi~h refere~ce to thia
^-o~igage and the debt hereby secured in the same manner as with h',ortyagor w~rhout in any way vitiating or discharging the Morrgagori liabitity herr
~nder or upon the debt hereby secwed. No saie of the prem~ses hereby mortgaged and no ferbearance on the part oF the l110RTGAGEE w its successws
or ass~gns and no extens~on of the time for rhe payment of the debt h~reby src.,red g~ven by the MORTGAGEE or its successws or aas;gns, ahall operate
~o release, d~schar~e, rtwdify change or affect the crig~nal liab.i~ry of ~hr MORTGAGOR herein, e~ther in whote or in pa:t.
10. It is speNfically agreed rhar tim> is of the essence of th~s contracr and that no waiver of any ob~igatio~ hereunder or of ihe obligation se-
; wred hercby shall at any t~me thrreafter be held to be a~va~.rr of the terms hereof or of the instrumeM setured herby.
11. In add~t:c~~ to ihe faego ng month!y payr.,ents ef ;r.i^c ;:ai and i»t.~est requ~red by the prom sscry ~iore secured hereb~, mortgagor tovenants
i ~~d agrees to pay to moatyagee v.~rh each n~on+h'y paY: :e~~t an add.~~onal svm <s~ ~ ated by mortgagee to be eq~al ?0 1, 12 of the annual cost of the follow-
~ ~y~
~ A-All real property taxrs levied or assess:d aga;•~st the a6ove desc~l~~d r~al es~ate.
i B-Prem~ums on f~re and wir.dstorm insurance as nerein requ:red to be ca~ried on the improvements situate on 11~e above d°5cribed ptemises.
s
C-Premw~~s on wch mortg;~e gua~anty ~esura~ ce as n~ortgagee shjit fro^~ r me to t~me deem fit to cacry on the ioan secured hereby:
~ Mortgagee shall from rene to !~me ncti{y mertyager m wr[tmg of the a~-o.~~t d:,~ and payable hereundrr and such s~~~ sha~l thereupon be due and '
:~vable on the due da!e of ihe ^exr month'y payment and ea:h s~:cess~~e ^•o~~th thereafter untiE mortgagee shall notify mortgagor of a change in such
~ ~mt. Such sums sFa~i be app:ied 'by morrgag_e tov~ard the payment ot reai property taxes, insurance p~em.ums, and morlgage guaranty insurance f
v :~•emiums.
~ IN ~11TNE55 LtiHEREOF, the sa~d h10RTGAC-02 has hereunro set h~s hand and seaf the day an year first afor ~
ti
~ Si ned al nd de ered in the presence of:
i
~ _ •n
_
~ ZdI1C0 09 O a~ '
r
an
~ ~ uanita ROgOli ~a~~
~
~ SiATE OF FLORIDA ,
~ couNrr oF St. Lucie j~
~ P'zanco Ro lino
~ Before me perwnally appeared ~ a^d
~ Juanlta Rogo ~ his wife, to me well known and Impwn to me to bs .
~ !he ind~vidusls described in and who executed the foregoing instrumenr, and acknowledged before me that they executed t~e.NmC-~I;the Wrposes
.
rherein expressed. And the said .13~n1tA 12A~'l1~IIA •`'s~,~,~.;_,-•.
.vife of ~~d Francn [tnaeiine : `,.Pie~~~.a~+a ~.~~++e
e=amination by me ta4en separate and apart from her said husband, acknowledged to and before me that she exeuited~a~itlinstiudtent`frNl~ri~ voluo-
ranly a~d w~thout any compuis~on, constraint, apprehens~on, or fear of or frwn her said busband. . ,,tit~
Sth Januaz - ~ ' ~ '72
WITNE55 my hand and official seal this- _ day of 'A~-~ 1~-
_ ' ' ; ~
Notsry Public in •nd fbr }~i, '
~ My Comm~asion expires: ~,#r`
Return To: l~ "y~s~ORIDA~t LARGE
first federol Savings d. loan Associat:on E~ ^yQ e~CQR~E~M CO ~~~R~S SEPT. 25. 1975
Of Fort P:erce. =~~L~jC1E C011NTY fl ~~1~~1 Baoke~s Insulsues C0.
Fo+t Pierce, Flo~+da aOC~~ P4~Ta~~ ~
CIERK CtRCUIT COURT ~
- _.r._..^...~~
- This fnstrument Prepared By John W. Collins I i~ la Nn ~ 1~
~ First Federal Savings 8~ Loan Assoratior.
;~'~E of Fort Pierce ~ Florida 221698
~z Checked By
_ ~ ~ '
~-r