HomeMy WebLinkAbout0157 a ~
1. To p~aar •nd conri+wovslr kap an Nr b,+adinos +wr. ar AwNhp ~ on sad I~nd ~nd on ~IC eQv;pn~n~ ~nd pason+ihr cov~.~d by N~is Ma ~
q~, wi~h ~U pe~i~a N,..wn pa+d ~n fvt1, lire ieyw~nu ~n t!w vsual uwd.rd Dd~tl fonn. in ~ w~w ~pprov~d br ihe M~4~G.iGf£ snd wir+d~w
~eswano~ in ~M wwl ~unda.d polty fara M~ iwn approvsd br ~M Mait)GAGEE. b wd~ conpany a wmp~n~a a ~M MORTGI?GEE iw
dir~c~t Md NI /ir~ ~nd w~nd~?a~m iiawana policwn on M+y o1 ~ad build~np~, whr k?N.~s~ Nwr~in a pwt dw.wf. in M~ ~pprs9aM wn+ ~Mre~aid
1~ ~aass ~Mrsof, sMll contain tM uswl atandard marp.~ dwN a Wd~ oth~r c1aw~ ~s ~M Mort9ap~ nKr ~pv~ +o+k1nQ ~M loas w?dN sad po
c+n. e~ch and ~vay. wr~ a~~d MORIGAGEE a~n au..a~ ~r +pp.a. ~nd ~ach and ~ve.y such poi;cy ~hall b~ pompNy sss.pnid a+d dNiw.sd +
~ny h~W py a~id MORiGAGEE u ivrrhsr ~ecwiry q said mor~pap~ debt: and, na Iqs th~n tM 110) days in advann of ti+e ~apir~tion of each poticy. b d~
tivN to ~a;d MpRTGIIGEE • r~w~1 thenof. wperlar witA + r~c~ip1 fo? ~ p«niwn of wch ren~wal; u~d ~he.~ ~,u b. ~o fw• o. winds~wm &+~x~e~c
pi~d on ~ny of said buildi~gs, any inter~ ~M.~? w pa~~ tM.~of. vnlas in tM fam and with tM bas WYaW~ a~fw~s+~d: ~nd in th~ ~wa ary wn
of mon~y becoma parab4 w~d.. wch policy w pol~ci.s said MORiGAGEf ska8 iwv~ ~h. op~an ro~eee~w and ~pply ti+~ swn~ on aaow+~ d tM k~d~ebad •
ness secw~d lwr+by w b pKmit said MORTGAGORS 1o repive and v~ h w any pxt thcreol fa othe~ purposes,. w~thout ~ha.eb~ waivi~.9 a unpair•
ir~q any eqvity, IiM a ri9ht vrd~r o~ bp virt~ of this nwrt~apr. «xi i~ ~M .v.m .ad MORTGnGOaS a!»tl tw .ny r.awn i•~t ro kaep ~he aid pr.maa so
insw~d, or f~fi w d~livN promptly any of uid policks d inwrana b uid MORTGAGEE. or fail prort~plly b paY fully sny pr~mivm tfwrefor or ie u+y
r~speet 1ai1 b pafaeq, dncMrye. ~a~cvt~. ~ffact. complete. compt~r with +nd abid~ by tM eova.?anl. a any part I.srwf, saW MORTGAGEE m+y pl~a ar+d
WY fa wd~ insuranc~ a ~ny psrt thereof without w~Rinp or ~fhclinp +nY eMiwy ~ien. p~+ity. a righ~ vnder a by virtw of this Mort~+~. and the
h+N roow+t of tach ~nd ~wry wch payma/M shall b~ immsdiaf~ly du~ ~d pyapl~ u~d sh~11 besr inte~esf from tM dah tMteof ue+til psid et ttw u1~ ol
n~r» pN antum per anrwm ~nd togethe~ with sucA intereat shall be aecvred by tM li~n of this maqp~. .
To p~rmit, oomndt a suffar no wut~, impairment w deterioration of said properry or aMr p~r~ the~eof.
5. To pay att and sirgofar the ooats, charpes and expen~e~, includ;rg a nasonable attomey's fe~ snd cosn of abstracn of titl~, incwred w piid at
any time by sad MORTGAGEE, b~cwse w in the eva+t of tM failwa on th~ part of tM said MORTGAGOR fo duly, promptty a+d fi?Ily pe~form, dixhu9~
e:ecure. •ffen. compkr~. complr with and ab:de by eacl~ u+d ewry tM stiPul+~~oiw +p~eameMS. caditio~a, and oow~ann of said pomissay nwe and ~Ais
maty+ae any w ei?ha?. and sa;d coata, clwrpe~ and ~xpeeaes sacF~ and evary, sMtl b~ irrvnediately dw snd payable: whetMr w not ther~ be norice de
mand, enen?pt ro coll~ct or suit peed'ing; and th~ fu,ll amo~rnt of each ~nd every svch p+Ymeet ihall be~~ interest from th~ daro thereot uotil paid ~f the
rate of nine per ce~tum pe~ ae,wm; end afl said cosrs, charge~ ar~d expsnses incurrsd a p~id, togeifier with such i~te~esf. shaU be seevred br the lia~ of Nw
'^w~9s~s• -
6. Thd in the evenf of any breach of this Mwtgsp~ a def~uU on the put of 1he MORTGAGOR, a(b) in tfi~ evcnt ~ny of s+~d wms of nwney
herein refa~ed to be ~a P.a,;p~~y r„iy P,;d with'a~ thirry (30) days next after the sarnt severally becoms due ~nd payabls. witho~t d~mand w eaY~oe,
or in the eveM each sod ~very ~M st~pulatiora„ agreemenn, conditions snd ooven~nts of satd promisswy note and tha mwtpage any or eithat an ~w1
iuly, prompNy aod fully performed, dischar~ed, exec~ted, effected, compkted, complied with and abided by, then irt either or any ~uch event tM s~id s~
greyate wm mentioned in said p?omissory rwte then remai~irg ~npaid, with interest sarued, and all monsys secured lxreby, shall becomt dw and p~y~
able fwthwith, w thereafter, ~t Ihe option of said MORTGAGEE, ss fvtly and completely aa i/ all of the said wms of money wera wiginatty stiputated
to be pa~d on wch day, anything in sa7d prom;ssory rwte or in this Mwtyage ro tha conrrary notwithstanding: and thereuj~or? w thcreafter a~ ths option of
aaid MORTGAGEE, without notice w dem~nd, wit at law ot in aquity, tl~eforo w thereaftK bepvq, may b~ p~osecuted u if all ii~wwys Lecured hareby
had tn~tund prwr to its instiWtion.
7. That in the event that at the beginnPng of or at a~y time penefirg any w~t up~xi this ,Mutgx~ or fo fwecbs~ it o/ to tefwm M, or to enfwa
payment of sr?y daims hereunder, ssid MORTGAGEE shsll apply to the Coun having jurndiaion ti+ereof fc~ the appoiotmant of ~ ReceiMer.~sV~ Court sh~Il
forthwith appoint a receiver of said mort9agnd property all and sinyulu, includ~~+g all a~d singulu the income, profits, issues and rev~enues from whatever
source derired. each and every of wb;ch, it beirg expressly undmstood, is hareby mortgaged as if specifically se1 fwth and dexribed in tM pr~nting a„d
habe+xlum dauses hereof, and SVC~1 R!ClIVN shall have all the broad and effective funct~ons and 'powers in aoywise entrvsted by a Court to a Receiver, and
such appointment shall be msJe by such Court u an dmitted eqvity and a ma~ter of absolu~e right to said JMORTGACaEE, and without reference fo the
adeq~acy or iewdequacy of the value of the properry mortgaged or to the wlvency or insolvency of said MORTGAGOR w the defenda~ts, and thai such
rents, profin, income, iswes snd revenuss sMll be applied by suth Receiver aaording to the lien or equity of said MORTGAGff and tAe prattice of such
CovrL
8. To duly, pramptly and futly perform, discharge, execute, effect, compkte, com.ply with and ab~de by esch and every ths stipuktions. ~greemenri,
cw~ditions and covenams in said promissory note and this mortgage set fwth.
9. ?hat in the event the ow~xrship of the mortgayed premises. p any parf thereof, becomes vested im a person other iMn the MORTGAGOR, ths
MORiGAGEE, its successon an~ auigns, may, withouf notice to the MORTGAOR, deal wi~h such succeuor or svccessor in i~terest with reference fo this
matgaye and the debt herebp secwed in the same manner as with Mortgagor without in any way vitiatir?y or discF?uging the k{ortgagors' tiabitify her~
under or ~pon the debt hereby secured. No sate of fhe Frem;ses hcreby mortgaged u~d no fwbearance o~ the part of 1he MORTGAGEE w its successors
a~:yr4 a.:~ exteruio~ of the time for rhe payment ot the deb~ he~eby secured given by ~he MORTGAGEE w its wccessoa w assigns, ahall oparate
to release, dixFwr9e, mod;fy change w affect the origioal liab~lity of the MORtGAGOR hereio, titlxr in whole or ir~~psit: .
1~. it is specifically agreed that fime is of the eue~oe of rhis cdntwct and that no waiver of any obl;gst~on hereunder or of the obligation sr
cured hereby shsll at apy tune thereaf~er be he{d ro be s waiver of the terms hereof or of the instrument secured he~by.
11_ In additia~ to the forego:ng monthly payrt~ents of printpal and interest required by the promiuory npte secured 'her~y, mprigagor ~ovenants
and agrees to pay to mo:tgagee wifh each monthly paymem an addhionsl sum esrimated by mortgagee fo be eqva! b 1/12 of the annual cost of the follow-
ing: - ,
A-All real property taxes kvied a aisessed against the above described rea~ estate.
B-Premiums on f'ae and windstorm inswance as herein requ~red to be curied on the improvemenb sitwte on the above dcsaibed premixs.
C-Premiuma on such mortgage guaranty insurance as mo~tgagee sha11. from time to time deem tit to ta?ry on the loa~ secured he~eby,
Mwtgagee shall from time ~o time ootify mortgagor in writ~rg of the amouM due and paysbk hereunder and such wm shall thereupon be due and
payable on the due date ~of the next monthly paymtnt and each successive month theresfter ur.til mortgagee shall notiiy mortgagor of a th~rge io wth
amou~t. Such sums sF;all be applied by mortgagee toward the paymenf of reaf propeety taxes, inswance prem:ums, and mortgage guaranty insurance
p~emiurttf.
WITNESS WHEREOF, the said MORTGAGOR has f+ereu~to set his Iwnd and seal the day and year fiini ~foress' .
i5ealed snd d fi in t praence of:
~~~u°c~ ca
Ew~irR~u. ~
- ROCER POITR~: rt Cent n
. CIERK CIRCUIT COIMT ~ n
RECORD YERlFlEG.~.~ ~eZ ~
~ S I~ 1~ ~i'~Z ' ~
STATE OF FIOQIDA ~
St. L.ucie ~
courmr oF '
d.f~~ 1t1e ~,a,,,~~Y Albert J. Ceater
Pe99Y J. Centez hi. wife, ro me «rou known, .na wawn ta me ro b.
the ind'ir~d~rsls described in and who execwed the fo?eyoirg instruarnt, and adcnow{ed~ed befarc me tMt they executed the same for the purposes
~?,e.ein exp.es.ed. /1nd r6e said ~995? J. CeIIter
WIfQ Of th! {ill~ - ~F/Qr i J~ ~.r~nte= - r~~~~".a.
exami~atan by me taken separate and apaA from her aaid lwsband, acknowledged to and be{ore me that she exacuted said inttnirt~~y and ~~;i
rariiy and withov~ any computsion, constraa+t, appr~iqn~ o? feu of a from ha s~id husbard. ''c 's'.
W1TNE55 my h~nd and off'~cial seal tM:s t ' `
Y ~.~1.t ``19 ,f.
~ _~i~:
. . Notary Public in ~nd fw the St Horlt~ ~T
Return To: . , My ~ssan e~cpues: ' j r~G~~=-
Fint Federd Savings 3 Loan AtsotiaYan IYiTTAEtY ?UBL~ STAIE l7F ~LOitfG~ A~ iJl~~, ,~;s~.,-
MY COMtMlS:.iOi'! E~ Yi -rS MAR.
Of Fort Pierce. GENERAL INaLIi~!~ ~~~~~~•::••;•~c4~
Fort Pierce. Flwida •.;~"-O;~'.. ,
' / .it3.nlt`;`j,. .
S
. . 3-i"7
This Instrument Prepared By: Wm• S. Braun .
First Federal Savings & loan Association -
. of Fort Pierce ~ F1C~c ida?
Checked By . .
~ - ~ ~ ,,z,.~
. - -
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