HomeMy WebLinkAbout2510 To place and co~~r~nuo~i(y keep on ~he b~~'d~n9s no.v o~ hereeke~ s~~~ate on s,~d land and ori a~t eq~~pment and penoni:~r co.e~ed b~ ~h~s mor
ege. W~Ih all pr2n~;um~ ti:rreon ~,a d in 4uil, };!e ~r.iu~e-7cc ,n +he ~s~a{ s~a~~de~d yo ~C/ iO~m, in a s..m a~pro~rd b~ !h~• t.;~k.~....,cc, a,.,l w~ ~Jitu
Inwrance in the usval s~rnda~d pot.cy ~o~m, ~n a s~m ap~~rolyd by the .L1pRTGaGEE, svch co+~Na~~y o~ co~+; en.es as r-~r :•.ORi":.GtE
d~~ett; ?nd all fire and w~nJstor~n ~nsvrance poi~c~es on an/ of sa~d bu~:d.~gs, any in~eiea~ the~ein or pa-t ~h_•rrof, in the agg: .~,'c s.,~~~ o~ureea:d
in ezcesf thzreo(, ~hall contain the usval ata:~dard mo~?9+gre c~a~se or auch o~hei c euse as the Mo~~gagre may ~ry.,•re, meL~ng ~~,r .cs~ ~~~drr s, d po
c~es, each and every, payab7e to ~aid h10RiGAGEE as ~~s ~~~c~eat mar appaar, a~•d eacn end every such pu .c/ sha~t be p~oR,N+~y ass y•~r~f s d d~ ~:r~.~d
eny held by said MORTvAGfE as funher sec~~~~y to sa~d n.o~tgege dcdt, and, no~ !ef~ ~han ten i10i days ~n ad.ance of th~ e~;.~•ut.o+~ 01 rac+~ ;.o cy, ro d.
Lver lo said MORiGAGEE a renewal thereof, iogether v~ith a rece.pt ior th•_ pre~nwn oi wch ~e~~e~+va!; e~~d ~t~rre s}~r.t I.~r no i.re o~ •~sr..-:r~ ~:,s~ranc
placed o~ any o( se~d bui!dmys, any intereat there:n or part thr~eo~, un'•,ss ~n the form and wiih ~he Icss pa;e6 e as afc.rcio;d; a+ d~~~ ~~~e e.<<~~ ~~r s~^
of money beco:nes payabte under such potlcy or pu!,c~es se~d !'.10kfGAGEE ~h.,ll have ~1~r oNT,on to reca~ve ~nd ap~!y ti~a se~:~e on ac:o., ot ihr ~~~d~•:•f:d
ness secwed he~roy or to perm~t sa:d MORiGAGORS to recu~ve e~.d use it or any p:+~t i~,~•.rof t„r or~.• r;.~•: _s~ s. ~:..f ~n '
~ng any equny. I:en or r~ght under or by vvtue of th~s mcr~gege; and in the eveni sa.d A10RTGAGORS sh3'I br a:~y re~son fa~l ro 1~•ri> >kc s~~C3 pra~m,SrS so
~n~wed, or fail to dc:ner promptiy a~y of s~id ~wl:c~es of ~nsvrar.ce to sa,d h10RTGAGEE, or f~ii: p:Gn:pt;y to pay fu..y any p~~~ ~!~<~•_!or or ~n a~~y
respect fail to perform, d~sch,rge, execure, effea, comptete, co~:pty wi~h bnd a~~de by rh~s cove~~ant, o~ any per~ h~reof, s.~~d It,i.k:~•=~GcE e= ac•r o
pey for such ins~rence or any part thrreof w~thout wa~ving or affecting any oynon, Iien, equ,~y, or r~ght u~~drr or by v~~t~e o~ ~h:s '.'o~'yeye, an(1 ihc
f~ll a~nount of each and e.ery such pa~mero ahait be ~~t:~ned~arely due and payable and shail bea~ interest from tha datr th~rcof ~~.r~1 N,.~d oi ti,e rare ot
~~~ie per cenrum pe~ annum ond to~_ih~•r vcieh such intr~cst sl~a~. be s~•c~~ed by the l~en ol th~s mortgage.
1. To permit, tommit or su(fer no waste, impairment or deter~oret~on of sa~d proF~rty or any part thereof.
S. To pay sll a~d singular the costs, charges ard er~:e~~ses, ~ncludirig a reasonable attomey"s fee end cosfs of abstract; of t~t!e, inc~r.ed o~ F,a~d af
any tln:e by sa~d MORiGAGfE, aecause er in the eve~,t of ~he fa:t~re on tne pa~t of the sa~d MORTGAGOR to duiy, pro+~p~ly a~~d fu:~y F_rfonn, d~1C' i~~e
e~ecute, effect, canptetQ, co+nply w,rh and abde by each and e.e~y ~ne st~p~.anons, agreem~~nts, cond~nons, and w~enants of sa~d p~on„s.;~~ no~e d r'~s
.~~wtgage any or e+ther, and ae:d costs, charges and eapenses, each end every, shall tx immediately due and payab:e; wheTher o~ ~ot •h~~:e be no• ~r d;
mand, atternpt to toliect or suit pend~ng; and the fult anwunt of each and every svch paymeni ahaU bear int~res~ from the date therroi ~mil pa.d at tl•e
..~re o~ n;ne per centum yer an~~~:T~; d~~~ all sa~d ccsts, cl~ergea a•~d c~:.~•„s~~s ~ncurrrd or pa~d, togrther wnh wch interrst, ahatl be secured by the urn oi tha
mortgage. _
6. That (a) in the event of any breach of this Mortgage or deiaulr on the part oi the h!ORTGAGQR, o~ ;b) in the event any of sa d su•ns of money
hcrein referred to be not promptly and iu:ly pa~d withm th.rty t3ui da~s r.ext e;~er the same r_~e~a ly ceco+ne due and peyaL!e, w~t~,ou` dr•~~a~~d o~ not,ce.
cr (c) in thr event eath and every the shpu'.~t~ons, agreements, cond::~~ns and covenants o' sa d prom~ssory nc:e and th.s mwtgage any or e~rher are no1
~vly, promptly and fu~Iy perFormed, d schargad, executed, eilected. complered, compi~ed wrth ar.d ac~ded 5y, then in e~ther or any such event the sa.d ag
~regate sum memioned in sa~d prom~ssory note then remairong unpa~d, with ~ntrrr;t acuued, and a:i ~r.o~:~ys secured herety, sha~! bew~~~e d~e and pa~
aba fo~thwith, or thereafter, at the opt~on of sa~d MORTGAGfE. ~s fuily a~d tomp!e~e~y ea if a~l of thr se+d sums of money were o~:g~ne.ly sty~,at~•d
to be pa:d on wch day, anything in sa.d pro:n~sso~y note or i~ th~s ltlortgage to the conr~ary norh~ihi~a~,d.~~g; and thereupo~ or thereatirr a~ the opt•on uf
s~~d MORTGAGEE, wnhout nohce or drmand, su~t at law or in eqv~ty, therrfo~e or Iherraiter brg~n, may be prosecuted as iF all moneys secvred hereby
n~d maWred pr~or to ~ts mstitunon.
7. That ~n the event that at the beg~nn~ng of w at any t~me pend~ng any su~t upon th~s 1do•tgage, or to {o~eclose it, or to refo~m if, or to enfo.ce
~~ayment o~ any cie~ms hereunder, sa~d MORTGAGEE shall apply to the Co~rt hav~ng ~ur~sd.cr,on thoreof 4or ~he dppJ ~~tmE~~ OI a Rece~ver, s~:fi Co~rt sha~i
fr;rrhwifh appo7nt a ~ecei~er of said mortgaged proper~y aif and s~nyu;ar, inci~d ng a:t a~ d s~•~gu~ar ~f:e ~r.con,e, p~of~ts, ~ss~es ard revenues fro~n M'f1~1i;Jef
sc~~ce derived, each and every of whlch, ~t be~ng eapress~y understood. ~s t.erebY morrgaged as ~f apec ~~cal~y set forrh and drscr~bed i~ ihe gra~.r,:,g and
h.~bend~m cla~ses hereof, and s~ch Rece~ver shall havc all the b~.:ad and etfecr,ve funcr ons and po.rers ~n a~yw~se entrustrd by a Cov~t to a Rec~~wer, a~d
s. ch appointment sh~all be made by such Coort as an ad ~~ttrd eq:,~t,r a~d a rnatter of abscwte r,ght to se~d MURiGAGEE, and yv~tf~;,ut ref~:~nce to ti~r
adayuacy o~ inadequacy ot the vatue of fhe prope~ty mortgeged or fo tnr so.vrncy er ~nse'~vency of sa~d h•,ORiGAGOR or the dcfe~,c3ants, a.-d ~h,t wch
rc•nrs, protits, inco~ne, issues and revenues sha~f be appiicd by such Rece~ver accord~ng to the ben or rqu~ty of sa:d MORTvAGEE a~:d the pra:t~ce of s~ch
Court.
8. To duly, promptly and iufly pe~fo~m, d~scharge, execure, effect: compirte. comply w:rh and abide by each and every the sNpu~a±icns, a~~eemeNS,
cor.ditions and covenams ~n Sd:d PfOT~ilO~~/ note a:ed +hks mer~gage srt forth.
9. That in the event the awne.ship of the mortgaged pre~,~ses. or any part thereof, becomes vested in a person other than the MOR?GAvOR, the
A'ORTGAGEE, its successors and aSS~gns, may, vi~+hout not~ce :o ~~~e 'dORTGAOR, deat rrrth such successor or successor in ~nter~st w~th rr!ere~:ce to th~i
« o~tgage and the de'ct he~eby secvred i~ tne same manner as vv~th rApr!qagOr wrthout in any way vit!ating or d,scharg~ng the !.1ar+gagors' :iao:t~ty here-
;,nder or upon the debt hereby sec~red. No sa'e oi the Fie~rises he:eby ~nortgeged ard no forbearan~e on the part of ihe ~1~ORTGAvEE or its successors
er ass~gns and no exrension of the h:nc ior the paymem oi the debt hc~rby secured g~v~n b~ the MORTG~GEE o+ ~ts successors or ass.gna, a:.a~l operete
to re~ease, d~scha,ge, modlfy cha~,ye or afiect the orig,nal fi~u ;:ty oi the M,ORiGAGOR herem, e~tF.er in whoie o~ in part.
~ 10. It is spec~fica~iy agrred that time is of the essence of this conrracr and that no waiver of any ob;~ganon hereunder or of the ob!~gat~on se-
' c~red hereby shal~ a~ any hn,e there•atter be hefd to be a wa~wer of the terms hereof or of the ir~str~mem secured herby_
i
~ 11. In ad•J.t:o:z to ihe foreyo nc~ month!y paym_•NS 7f prioc :~et and interi~s! req~~red 6y tne N!om~sioiy nC'r se,ured her~•b~, m~rtgjyo' tovenants
C e•,d agrees tu pay ro mo-~9agee v.~th each momhiy r•~f: ,e~~t an ~dd.•lonal s~,~~ es~• ~ ated b~ n:o~tgagee to be eq~ai ro 1 12 oi t5_ „n ~ai cost cf the fo~iow-
~ A-Alf real property ta~ ~s tev~-~ o~ assessed ay~~•~st th~ aoove desv~b~ d real esrafe.
~ & Grc•n.~u~r.s on hr~ and vnnds!o*~n msvr~•ce as nerc~n r;•q,.red to be can~-d o•i fne Im;:roveme~rs s.tuate on tha above d_sc~~f:ed prem~ses.
~ C-~rem:~:t~5 on such mo*tq-:ge guaranty ir.s~:a~.ce as +~}o~tya~ee sha;l frc~^ ~~T~.e to t~~ne dee:n tit to earry o~ t'~e lo u:ed iir:r6y.
~ Mo~tgagee stie'! f•om ~~n,e ro tune notify mo~ty~ycr m v.~it:ng of the ar..o.:•~t d,e and para6le hereundrr suc su~~ st,a.' thrrcu~,on be due and
~ : atab!e on thr d~e d~~!e of rh> ~icxt n~,onth:~ pa~:~,e:~t a~•d e,;ch succ•~svve ~ro~~th thrreah,r u~ til mcrtgagee ' a!I not y mortcyayOr of a change in sv:h
i .-~.euni. Such su:ns s~~a-:i 't;e a{,p'ied by mcrtgag~ee to~herd the {,atment of rea: property taxes, insura~ue p m.~ms, nd orig~ e gu~ n insuren:e
~ ;:~~emiums. /
~ IN Y~ITNE~S :':H.REOF, the sa~d MORIGAGOR has hereu~to set h~s h3rJ and se the day and e first afores
~
~ Signed, Seated and de!iver in rhe presence of:
~ - - -~c- (Seal)
~ - - -(Sea!)
i~ ~ ~ C" --~Seal)
~ - une E. White __-~sean
Yt
~ STATE OF FLORIDA
S5.
St . Luc ie _ ~
~ ~our~rtr oF _
~ Hen G. White ,,,d
Before me penonally appeared _ _ ~ -
June E. White
his wi(e, to me well known and F~/~qwff tp_qK to.be
, .
~ rhe individuafs described in and who executed the ioregoing instrument, and acknowiedged before me that they executed the sar~e.'So{ f{ie pur~s
~ iherein expressed. And the said.______~__- JUne F. ~ill~li~ie
~ a.~fe of the said - ----He~rv
~a-~~. -------~-.----------T.., upon 8 se~a~ate and priv~ro
e.aminat~on by me taken separate and apart from her sa~d husband, atknowledged to and before me that she eactuted sAiCl~~nftNment ~reely end volvn-
rarJy ar~d w~thout any compulsion, cons~raint, apprehens,pr~ or fear of or from her said husband. - • : '
~ ^ ry?
WITNESS my hand and offic~al seal this __11 I__ _ _ day of_ _ Feb _ _ , D. ~19_7~
Notary P~bllc in a d f r th t te of Ho~t~s
attZa[9e
" My Comm~ssion expi~es: 1 ~
Return To: Q 1~ . y~ S
First federal Savings S loan Associat.on
- OF Fort V~e~rce
fort P,~~rce. Flvr~di RE`,O~pEe
' fllf0 ANO /
'~`:~K 9T.lUC~E ~OUNTY flA• \f
~tOGE~ p01TRA:
CIERK C1RCU~1 ~OURT ~
This Instrument Prepared By J. H. Roberts, Jr. RE~ORp ~ER?F1E0..~~'~
First Federal Sav~ngs & loan Assaciation 12 36 Du t~~
_ _ of Fort Pierce~ T~lorida CEe ?2
~ ` ``~~~~~y
Checked By -
t'^,° 1~~ ~.,!:E2509
-
,
_ _ _ ~