HomeMy WebLinkAbout3001 3. io p'ece a:id co~tin~o~sly keep on the b~i d~ngs now Cr hercafler ~ Nate On sa d ~and ar.d on a!; .q..~~~~nen1 and penonally tovrred by th~s mor
ege, w:th all prrm~u:ns thcr~on F:a d~n }u:l, 1~re ~~~•su~e :cr ~n tnr ~s~al s+er~d.~rd po~~ty fo~m, in a s.:~n a;.a~o.~d by tha h10k~u:.GEE, a,:d vv~:~dito
~nwrance in the usual arondard po! cy io~m, in a sum aFF~ro.rd by thr MORTGAGEE, in such to~~~Nan f or co~npan,es as the !'AOkTGAGEE m
d~rrct; a~d atl fi:e a:~.d w::~dsfcrm inw-an~e pot~c~rs on any of s~~d bu~id;ngs, any interes~ ther2tn Or Eart th~reof, in ~he aggr~g,~e s~m aforesa~d
in eacesa thereof, sha!1 :.~~.,m the usuat arandard mortg.,gar c~a~se or wch other cla~ie as ~he Mortya~ee may requ:re, rt~eM~ng d~e wss u~~drr s_.~J po
ues, each and ever~, pa~a~!e to sa~d ,ti10RIGAGEE as ~~s in~rrast may appear, and each and e~c~y s~ch po ~c~ s~ alt be p~o~nptly ass gn~-d a~~d de~~~~-r~d •
eny hrld by sa~d htORiGAGiE as (urihar sec~~~ry to sa~d n:o~+g~ge debt, ard, not lass than ten (101 d3~s i:~ ad.~nce oi ihe exNirot~on ol each pohcy, to d~
Gve? to said MORiGAGEE a rt~~rws: the~eof, ~ogether with a~cceipt tor the p~~~ni~m oi svth ~er•ewa!; a.~d thrre s~:~il bc no i~re o~ ~~~~~dstc~~n inwrant
p!acrd on any of sa~d bui'd~~gs, any interest there.n or part thrreof, un!ess in ~he (o~m a+~d w~~h ~he Ioss payab!e as afo~esaid; and in the e.ent any su~
01 money btcomes payab!r under s~ch pot~cy or poLues sa~d MORTGAGEE sh~ll have ~he opr,on ro rro~.:c• ..,~d apN!y tne san~e on 3CCOU:~~ of the indrbn•d
r.rss sec~red hereby or to permrt s~~d r1oR7GAGORS to recr+ve and use it or any p~rt ~h•~: _~of ior e:~~~ r,.ur; ~s•_s. .~n~•.s•..t ;h c~ ~~~p••~•
~r.~ any equ~ty, lien or right unclr~ or by virl~e of this mcr'gage; and in ~he event sa d M0~2TGAGORS sh~t! :o~ any reason fail to k~•ep the sa~d premisas so
~nsured, or iail to dcliver p~omp~ly any of said poLcirs of insurance to sa~d MORTGAGEE, or f~~: p:on:ptly to pay fu~ty any prc~~,~~m thcrefor or in a~y
~e~pect fail to pe~4orm, d~sch;rge, eaecure, effe!t, co~nple~e, co.nply wirh and ab~de by th~s coven;:~t, or any pari hareaf, sa~d htORi: AGtE may p~ace a^.o
pay for such insw~nce or any part thrreo4 w~~hout waiving or affecting any op~~on, lie~, equ~ry, or ~~~M under o~ by virtue of th+s Mertgagr, and the
f;;lt amount of each and e.ery such paymrnt shall be ~mmediately due and pa~able and sha~l brar intrres~ from ilx: datz thereoF untii pa~d at the ~are of
,~~ne par ctnw~n pe~ annu~n and to~eth~~r wnh such inre~est shaii be sacu~cd by the lien Of this mortgage.
d. To permit, commit or auHer no waste, impairment or deterioration oi said property w any part therrof.
5. To pay all and smguSar tha costs, charges and exprrses, induding a reasonable attome~•'s fee and costs of abstracts of title, incurred or paid at
.ny ~i~..e by said AIQRTGAGEE, beca~se o~ in the event of the f~,lure on !he part of the said ~`.10RIGAGOR to d~:y, pron,ptly and fvlly per(orm, d~scharge
_.ec~te, cffeu, co~np~ere, co:nply wrth ar~d ab:Je by each and every the stipv!at~ons, agrec~ne~~ts, cond~nons, a~d cove~~anrs o( sa~d pro~n~ssory nore and ~h~s
morrgage any or enher, and sj:d co:~s, charges and expenses, each and evrry, shall be immrd~atety due and payable; whrther or not fhr~e be nof~ce dr
mand, atten,pt to co.iect or suit pend~ng; and the (ult a~nount of each and every svch paymem sha~l bear ;nterest from the date thereof vntil pa~d at the
~ r~• ot n~~ie pe~ c~•n:u~n H<~r an~:~:•,; an~ aii s~~d cosrs, charges a~~d ex~enses ~rx~~red or peid, ioyeiltie: .v~th such iroerest, shall be sewred by ~he Gen of th~s
mortgage.
6. That (a) in the eveN of any breach of this Mo~tgage or defaull on the part of the !.10RTG1GOR, or ;b) in the event any of sa:d wms of money
f~e~ein refe~red to bz ~:o~ prornpt:y a~d fully paid within ~h,rty ~30) days next att•~r the same severa:ly becoma due and payable, witiwul de~nand or noht~.
cr ;c) in thr event e6Ch and e.ery 'he s!ipulat~ons, egreements, cu~~d~:~uns and covenanfs ot sa,d pron,i;scry nota a~~d th:s'mortgage any o. e~~her are no~
iuty, promptty and fu:~y prrfonn~l, d.scnarged, executed, effected, completed, compLed w~rh and a6~ded 5y, then ~n e.~her or any such evem the sa~d ag~
~r~~gate sum mennoned in s3~d pro~nissory ~ote than rema~ning unpa~d, w~th interes~ accwed, and ~ii moneys secured hereby, shall become due and pay
eo.e forthw~rh, o~ thereafter, at the opr~on oi s~~d MpRTGAGfE, as fuily a~uf comptesety as ii aH of tL~ se~d sums of money were or~g~naUy st~pu:afed
+e be pa;d on such day, an~ti~ing in sa d prorn~ssory note or in this INortgagr to Ihe corvra~y not.ti~thst~~~d:ng; and thereupon or thereafter at the op~~on of
s+.d MORTGAGfE, w~~hout ro~~ce or drrnand, su~t at law or in equ~ty, therefore or thereafier beyun, may be prosecuted as if all moneys secured hereby
c,d matured pnor to ~ts imt~t~;~on. •
• 7, That in the event t!,at at +he beyinn~ng of w. at any time pending any suit upon this Mortgage, or to fo~edcse it, or to reform it, or to enforce
~ ayment of any cl.+in:s hereunder, s.~ d h502TGAGEE shai: apply to the Co~~rt havir.g ~u~nd.cf~on !Fwrcof tor the appo~Nment of a Rece~ver, such Cov~~ shaii
fc~rh,vith appc:nt a rece~ver of sa~d oreyoyed property ail and s~~gular, includ.ng a;l a~~d s~~~gu.ar ii;e income, piofns, issues and revenues from whatevar
s~:,rce drr~ved, each and every of wh c~,, u be~~~g express!y undersrood, ~s hereby me~rgag~•d as ~f spec~fica~~y set for~h ~and desc.ibed in the granting ar•d
~_end~m t~auses hereof, ar.d su:h Retrrver sha~~ hava alt the troad and effecr~ve fw~ca,o~~s anJ po~•:e~s ~n any,iv.se entrusted by a Co~rt to a Rec~iver, a~,d
s_:h appointment sh3i1 be made by s~ch C~,rt as an ad nitti•d eq~ity and a rt:atter of abso:ute r.ght ro sa;d h50RTGAGEE, a~d witho~t reference to the
e.'.cq~~ty or inad~-quacy of the va:~e ot the propcrty mo.rgaged or to tne so~vertcy or ~n=o vency of sa~d h10RiGAGOR or the defendants, and that such
_^~s. profits, inco.ne, issues and ~ever.ues :hail be appiied by such Receiver accorci,ng to the teen or equity of suid MORTGAGEE and the pradice of such
Court. ~
8. To duty, promptly and f~lly perform, d~s:harge, execute, effect, comptete, comply w:rh and abide by each and every the stipuiations, agreements,
;ondirions ar.d covenants m sa:d prom~sso:y nore and th~s mortgage set forth.
9. That in the evenf the ownersh~p of tFie mortgaged ~remises, or any part thercof, becomes vested in a person other than the MORTGAGOR, the
:'JRTGAGFE, its s~ccessors ar.d ass•gns, may, w:thout noYCe to the ~NORTGaOR, dral wnh such s~ccessor or suuessor in ~nterest wi+h reierence to this
o•tgage ard Ihe d_ot hereby secured in tne same manr.er as w~th t.1o'stgagor w~thovt in any way vit.ating or d~sc~~arg~ng the lllortgagors' Gability hzr~
:•,ier or vron the de6t hereby securrd. No saie of the Fren,+ses hereby mortgaged ar.d no ferbearan~e on the pan of the IAORTGAGEE or its svccesso~s
or ass~g~~s ~r.d no entensio~ of the t~:,,e io~ the payment of the debt here6y sewred given by the MORTGAGfE or its successors or ass:gns, a~~all operate
~o re~ease, d.scharge, mod:fy change or affect the o+igmal liao:t:ty oi the M.ORiGAGOR he~em, either in whole or in part.
10. It is spec~f~cal;y aareed i1~ar t~~ne is of the esser.ce of this contract and that no wa~ver of a~y obt~gat~on hereunder or of the obtigation se-
;ored hereby shali at an j time thrrrafrer be he:d to be a warver of the terms hercol or of the instrvmem secured herby.
11. In aud :Ion ro the forc.~o ~•:o+~!~} v p~Y~^ents of pri~c pal and interrst requ~red by thc prom sscr~ nore sccured hereb~, mortga3or eovenants
d agr~es to pay to n:Orty]3eE v.:~h each n ~n'h y ji3~r.:P~1T an add ~~onal sum es! ~ ated by morryege~ to be equai to l 12 of ihe annuat cost of the foliow-
i A-All real prope+r~ taxas fev e: or asses~cd agai~~.st thc above describ~d real estate.
i B-0rcrT.~~ms on fue and v:i~:Gls:or~n :r.5ur~r.~e as nerc~n req~:ied to be carned cn tha ~m;:rovemeits s:tvate on the above d~su~bed premises.
i ~-Premiu~r.s on such mort~.~ge guaranty ir.svrar.ce as mortgagee shall from t~ine to h~re deem fit to carry o~ the loan sec~red hereby.
M A4ortgagee s!~a'~ `~cm r~~ :e to f~~• e nor~fy mortgagor in writi~g of the aR,ou~t d~e and payable herz~nd..~r and wch su~» sha11 thereupon be due and
~ :+.eble on the due da!e of th.~ ~~_at n:c :!h y paym~~nt and each successive mo~th ti,ereaft_r ur.ti: mcrtgagee sha!t not:fy mortg~gor of a change in such
~-.ount. $ucfi sums sFa.i be ap~~, ~rd by ~r.o~rgag:•e tvward the F:ayment of real pro~erty taxes, mwrance prem.ums, and mortgage guaranty ~nwrance
,-cmiums.
+ IN 1VITNESS ::HEREOf, the sa d P.10RTGAGCR has hereunto set h~s hand and seal the day and year first aforesaid.
; , Seated and de~ivered in the presence of: - '
K ~ ~ (Sea1)
; /i Lf ~t~. Lu.
~ ti ' LaWrence L. skimen ~~a~~
~ I 11 Q i~ ~S~c - / / < (Seal)
~ ` Ada T. skimen t~a~~
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~
~ S~.~TE OF ftORIDA
~ ~
u.
~ ~vUNTY OF St. Lucie ~
~ Befwe me personally appeared _~1Q@I1G6_1..~ ~sk+~n and
i~ _ ACid T• Meskimen his wiie, to me well known and icnown to me to be
s th~ individuals described in and who executed the foregoing instrument, and acknowledged before me that they executed the same for the purposes
~ rhe~ein expressFd. And the said ~a T• r'leskiaen i.
.
~ r::fe of the sa+d ~arence L, Meski.men uQon a se~a~aTt and private
~ e,am~nat~on by me ta4en separate and apart from her sa~d husband, acknowledged to and befo~e me that she executed said inat?urn~N ire6i~~and volun-
~ ra-~1y a~d w~rhout any computsion, consrraint, apprehens~ n, or fear of or from her said husband. :':t= -
~ Y11TNE55 my hand and o(fic;al seal thiL _ day of R• Q• ~p72
. ~ ' .
.
'ti~ ~
Notary Publ~c in and for tFq ER~e.of' at larpe
- ~ My Comm~ssion expires: , ~ ~c'
= Retu!n To~ N~~ A. (~~11~d fLORIDA et IARQE
= F~rst iederal Savir,gs d. loan Asso[iat~on MY COM~QM~~~+~RES SEPT, 25, 197
- Of iort P:rte. rJ
- 8onded By American Bankers Insw~na Co.
Fo.t P;>rce. F;or~da
s:<? ,
- Fi~eo a~e RECOROEo
- 3T.lUC1E C4UNTY FtA.
ROCER POITRAS l
= This lnstrument Prepared By John lV. Collins CIERK CiRCUIT COURt ~
- Firsi Federai Savings & loan Association RECORD YEkIfIEp~,~.
of Fort Pierce , Florida
~ ~R ~ 14 ~'71
Cnecked By ~ 22s6'11
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