HomeMy WebLinkAbout2263 To p~ace and [onhnuo~s~y ~tep On fhe bui d~ngs ncx or i~er.•efter f~~uate on sa~d ~anc1 and on sG cq.,~p~~ti.~~~~ a:.d ~ crsonally co.r:rd by ~h~s mor
egQ. Wilh AI~ premw~ns therBOn No-d ~n 1ul1, 1~rC inSuranC@ ~n thC uwdl Sta~~;~erd ppl~G/ fO~m, in d f~m d~.p~OVrc) 1~/ th~ A1:JR~V:+~kf. d~id v`~'ristu
~nsurance in ~he uiuat s~endard pol.cy ~orm, in a sum aNpro.rd t,y ~he MURIGAGEE, in wcA comp~ny or cu~~~F:e~~.rs as ~he f."OliGAGEE m
d~iect; and aU (i~s and w~ndsrorm iniurance pohci~s on any of sa~d b~dd~ngs, any iroere~l ~hure~n or part thc~eof. ~n Ihe agyr~ga~e w~•~ aio~esa~d
in eacest thereaf, sAaU confain ~he usval sta~~dard mor~q~gae c~ause or such o~he~ clause as ~he Mortyayee mey irV~•re. ~nak~ng t1~r ~oss v~~drr s~~d po ~
c~es, tach aiid every, payab'r to sa~d A~ORTGAC..EE as as ~marrft may appear, a~~d each and e.ery ~uch po:~c~ shali be F,ron.yt;y asag~~rd a~~J dc•~.crcd '
any held by said MORiGAGEE a~ fu~~her srcur~ty to sa~d nwrtgage drb~, and, no~ Ieas ehan ten (10; da~s i;~ ad.a~~ce of ~he e.F.~~ot~on of rach Nohcy, to d~
I~ver lo said MORiGAGEE a renewal thereof, togethe~ witA a rete~pt (o~ the p~cnuum o1 wth ie~~c+~a': a~:d thcre s}wll be no f,re o~ •m~~Jstur~n ~nwranc
placed on sny of sa~d b~i!d~ngs, any interest therem o~ pei~ thercof, un!cas ~n fhe fonn and wah t6e loss paysb'e ~s afaesa~d; o~~d m thc e+ent any eun
of money becOmes payable ~ndet s~ch policy o~ po~~cies said MORfGAGEE s?:~U ha~e ~hr o~i~on ro ~~c•:~v~ ~~~d epy:'i ~~~e sa~nr on auou:~? of the ~~~J~•u~.~d
ness aecwed he~eby or to perr»~i sa~d MORTGAGORS ro recei~e and we it or a~~y ~h•~:~-of t: ~ o:~~••r .:,,i~ ~-t it~ ,:r +J
~ng any equ~ty. I~en w r~yM vnder or by virtue of this ~~orrgage; and m the evcnt sa:d MORTGAGORS sha!1 tor eny rv~son fa~l ro k~ep ihe ia~d pre~~us_s so
~na~red, or fail tu de.~ver proenptly any of aa~d ~w~~c~es of insvrance to sa~d MORiGAGEE, o~ f„~: prc,~~~pt:y ro F.ay f~:~y any ~>r~~~:~~v~n ~her~tor or ~n a~~y
respect lail to perlorm, Jncha~ge, execvrz, effeu, canpiete, comply w~rh and a5~de by ~h~s covr~~~~~t, or a„y pa~~ h~r~•o(, s.+~d rll(~Ri;,AGEE mav ;:,ecr a o
pay for s~ch insurnnce or any pert the~eof w~~hout waiving or af(ect~ng any op~:on. ~~en, equay, or n~h~ ~~~de~ or 6~ wrrue of ih~s Mo~tyage, and fhc
f~ll a+no~nt o( each and e~ery wch payment shall be immrdiately due and payabte and shail bear ~n~ei~~st frcm ih~ dote thereof un~~t pwd ai ~he rate o1
n~ne per crnt~m per annum and to~ath,r~ vwth s~ch intrr~st SF1d11 tm srwred by the lien of th~s mortgege.
J_ To ptrmit, commit o~ suf(er no waste, impai~mrm or deter~oratio~ of sa~d property w any pait thcreof.
5. To pay all and singular the costs, charges and expenses, indudmg a reasoneble ancuney's fee and coits oi abst~acts oF title, inc~rred or paid at
any tim.e by sa~d MORiGAG'.E, beceuse or in the event oi ~he fm~ure o~ the part of the said MORTGAGOR to d~ly, pro~»ptly and fu:1y Narlonn, d~~cha~ge
eRecute, efiect, compie~e, comply w~th and ab:Je by ea<h end every ~he s~ip~iauons, agreem~nts, cond~twns, and covenams of sa~d pro~+~~ssory ~~ote e~~d ~t,~s
r.o~tgage any or e~~her, end sa;d costs, ch~rgea a~~d eapenses, each and every, shall be immed~ately dca and payaWe; whether o~ not ~here be nonce d:~
r,and, attempt to collecl w suit pend~~tg; and th~ full amo~n~ cf each and every such pay~.ent shall bea. interes~ frorn ~he date thereol uniil pa~d al the
~.~fe o+ n~ne pe~ cenrum per annu:n; and all amd costs, c~.arges and ~xpr.~,ses ineu~red or paid, together wJh such ~nterest, st~all be sec~red by t?x I~cn oi th~~
mortyage.
6. That (a) in the event of any breach of this ti~ortgage or defauh on the part of the MORTGAGOR, or (b) ln the event any of sa:d sums of money
herein ~eferred to be not pro+npfly and fully paid wah~n ~h:rty ~30Y days nea~ a4~er the same s~•ve~a':y beco~~~e d~e and payabte, w:~ho~t demand or no~~ce. ~
or (c) in the event each and every the stipu~af~ons, agreements, condmons and covenants o1 na.d prom~aso~y note and th~s mortgagr any or enher e~e not
i~:y, prompNy and lully performed, d~scharged, eaecuted. eifeUed, complered, compl~ed wuh and a6~ded 5y, then ~n enher or any such event ~he sa~d ag
g•egate sum mentioned in said p~omissory note then remaining unpa~d, w~th interr;~ accrued, and ati moneya secured hereby, shall become due and pay~
eo:e fonhwith, a the~ea(rer, at the op!ion of so~d MORiGAGEE, as fuliy and comp;etely as il all of thr aa~d wms ol money wcre or~gmally at~pu:atrd
?o be pa:d on such day, anything in sa d pro~n~sswy note or in this Mo~tgage to the contrary no~N~~hiie~~d.ng; and thereupon or thereafter at ~he opt~on of
e: d MORTGAGEE, without not,te or demand, su~1 at law or in equdy, thcrrfure or tl~erealtrr beg~n, may be prosecuted as if all moneys sewred hereby
n:d matured pnpr to AS instiluhon.
7. That in the event that at the beg~nn~ng oi or at any time pend~ng rny w~t upon th;s Mo*~gage, or to fo~edose it, or to reform it, or to enforce
~ a~me~t of any claims hereunder, said MORTGAGEE shafl app~y to the Co~n hav~ng ~ur~~d.ct.on ~t~crec! for the appo~nnnem of a Rece~ve+, such Cowt shaii
rv:thwith appo~nt a rKeiver of said mortgagrd p~operty alI and sin~ular, intludng all and vngu~ar the ir.tome, prof~ts, issues ar.d reven~es f~om wh~tever
s=•r.ce derived, each and every of wh:ch, ~t be~~~g e.µress!y ~ndr~src,od. ~s he:rby mongaged as ~f spec.hcaiiy set forth and descr~bed in the granting and
r~.+t~endum cla.,ses hereof, and wch Recei~er ahail harr att ihe br~ad and rff~±~„e fu~~c~ o~:s end powers ~n anyw~se enuusfed by a Court to a Rec~iver, a~:d
:h appointmem shail be made bX such Ccurt as an ad~n~n~d equ~ry and a maner of a!:so~~rr nyht to sald MORTGAGEE, a~d wr•hcut ~eference to the
a~ieyvacy w inadeq~acy of ~he value of the properry mongaged or to rhr so.~ency o~ ~rsu~.~•ncy oi sa~d MORiGAGOR or the defe~,dents, and that such
re•ets, prof~ts, incane, issues arxl revenues shail be appi~ed by wch Rece~vrr acw~d~ng ~o ~he I~en or equ~ty ot sa~d MORTGAGEi and fhe pracnce of such
Court.
8. To duSy, promptly and fully perform, dis~harge, eaecute, effecf, co:np~r~e, cor*•:.'~ w:rh and aL~de by each and every the st~puiations, agree~nents,
:~r.ditions and covenants in sa~d promissory note and th:s mortgaye set fwth.
9. That in the eve~t the cwnersh~p oi the mortgaged pren,~ses, or a~~y part thc~eof, 6~comes vested in a pe~son oiher than the MORTGAGOR, the
h'ORTGAGEE, its successors and assigns, may, w~~hout nor~ce to the ~~ORTG~OR, dral w~rh i;,ch succrssor or successor ~n ~nterrst w:~h reference to th~e
n ort9age snd the d~bt hereby sec~red in the same manner as wilh lAo+tyago. wrthout in any ~vay vit:et~ng or d~scharging the ldortgagori liab~lity here-
;,nder w upon the debt he.eb~ secwed. No sale of the Fre~,~ses hcreby mo~tgayed and no forbearance on the par~ of the IdORiGAGEE or its auccessors
;:r assigns and no extens~on of the t~me (or the paymem of the debt he.eby secvrrd gwen by the MORiGAGEE or its successo~s or ass~g~s, a~~atl operate ,
!o retease, d~scharge, modify change or affeU the orig~nal tiab.~ny of the A,ORTGAC,~~k herein, either in whole or in pa+t.
10. It is spec~(rcally ag~eed that time is of the essence ef th~s contract and thet no waiver of a~y obl:gat~on hereunder or of the obligat;on se-
c~~red hereby shal~ at any tin:e ~hereefier be he!d to be a wa~ver of ~he terms hereof or of the mitrument srcured herby.
~ I l. In add~tic~ to Ihe ioregC ng mcntli'y payments o1 pr~r.c pat and ~nterest requ~red by the pron:.sscry no'c So:ured it2~eb~, mort~a~or tovenants
f r d d9~8GS to ~ay to moctg~yce ndh each monfh:y pa~r e~n an aJd~r~onal su:n est: • ated by nwrtyagee to be equai to 1 12 of the annuat cost of the follow-
~
' A-All rcat F;ropcrty raxa: lev~ed or assessed ay3~•~st ~I~c above desv~~rd reai es~ate.
~ B- P.rr..wnn on lire and wi~~dsto•m insurarce es nere~n ~cqu.red to be ca~ned c~ the ~m~:rovements s~tuate on the above destribed premises.
~ C- Premw~ns o~ such ~:ort~;ge gvaranty ~esvrar.ce as mo~tyayee shall trcm t,:~e to t~m~ dcem fit to carry on the loan sewred I~e~eb~.
3 Morrgagre i' a l l.om ~~~ne to tirr.e no~~i~ mongagor m wr,ting of the an,o.,m d~e and payabte here~ndrr and such su•n shail th~~rr~pon t~ due and
s ~;abSr on the d~e dafe of the ne~r r.;on~h:; pay•n~r.t and each svccessive Tonsh tr.ereah~r ur.~~i mcrtgagee shall not:(~ morrgagor ot a change in such
s ~ ~unt. S~ch sums st a:t 6e a~~p:~ed by mwtgag•.e toward the pa7+rem of real proF:erty tanes, insurance prem.ums, and mortyage guaranty insurar.ce
- , '~`.T.IUTS.
~ IN WIT~IESS 'l1HEREOf, the sqfd MORiGAGOR has hereu~to set his hand and seal the day and year fint afore aid.
~ ~ ' ned, Sealed and deiirered ~ ~he prese~c
i of: ;
~ ~ ~ ~ % ; _ (seap `s
(Seeq
' ~ ~ -
G ~A
~ - ~ - """~~='s?--- -(Seal)
- - - (Seal)
~i:.iE OF FLORIOA 1
~ :vUtJTY OF SL . Luc ie__ _ j ~
~ -
~ Beiore ne persona!ly appearcd EROIy_ SL@VeflS ' _ and
~ ~..01 S~? • St@V @115 _ his wite, to me well known and known to mt to be
~a -
~ tha individ~als descnhed in and who executed th toregoing instrumem, and acknowledged before me that they exec~trd tha same for thv pwpuses
'J therein ex ~essed. And the said LO1~'Jt@V@TlS
z- P . .
-
Emory Stevens
r'r .,,,fe of the sa~d - upon a atpsraM end privati. •
e.am~nat~on by me taken separate and apart from her safd hwband, atknoxledged to and before me that she eaec~ted said instr~mant f[eely and volvo- ,
~ re~~ly and w~rhout sny coR~puision, co~straint, apprehe~s.on~ or fear of or from her said husband. - -
~ WITNESS my hand and offic~al seal thia day of____~ t_. Febrt7~ry _1- ±_~_..,~A• D. 197Z
,
- - ~ - _ 1~~_' " ~i ~ ~ J
Norary P~blic in end
(~he State O~ fbrida laryt
My Comm~ssion expires: , •
Retum To: .~~T. t,v - ~ , - _ , ~
- - ;~t'*.p•..531: =
- First federal Savings 6 loan Assoc~at,o~ t.?'•". i9y.}•-~••
- Of Forr Pr:ce G~~~~i:n~ ,,.._.........._...i, i.tL`.
iort P~e~ce, FIur:Ja J
.ya` . ' ~ i
This Instrument Prepared By Richard Kayes fiIEDAND REC4RDE0
=r~ ST. LUCIE COUNTY fU. /
First Federal Savings & Loan l+ssouation ROGEa FOITRAS ,
of Fort Pierce, Florida CtERK CIRCUIT COURT ;
- RECORC YERIFIED~~L}~
Checked BY if~ $ ~
ec~K e~c~ 2 I~'! 71
2;~~(1'78
Y:~
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