Loading...
HomeMy WebLinkAbout0161 ~ i . ~y J. To plaa and conti~wo~r~ly kNp on 1M build'wq~ now a M.Nf~K w~wN on wid land ~nd on alt equip~ewnt ~nd p~nonaly aownd Oy N~i~ ~+a p~, witl~ dl pM~f~en~ tFw~on paid in fvll, lih iewuruKS in t!w uswl ~ta,dard polity fonn, {n ~ w~ ppowd by ~M MOR~GAGEE. ~nd wi~1o . imwaan M tM ~~t sta+tiisrd pol~ l~r~. ~ a s~a+ ~owd by tM MdRTt3AGEE. in such tanp~y o~ oomp~owa M 1h~ IMORTGJIGEE ~n d~ncrj snit dl fin a+d w&d~arm kauranu policia on aehr oi aid buikl:op~, ~r Mite~es~ t~erein a pat tM.wf, in tiw app~pa~s swn st~a~id in ~actw dw~pf, ~hall oontain t!» vwal star?dud matpa~ ciaus~ or such aiwr clav~ a 1M Ma19apM enay nqvo~. m~k3np tM bN ~ndM s~d po cie~ ~ach and ~wry. paYabN b uW MORTGA<3EE ~s ib intNttf may app~ar. and sah and ~vNy wcA poiicy si+all be proeaptly as.y~wd ~nd dNivK~d ? •ny MW by wid MpRTGAGEE ~s fw~Mr ~cu~ity to wid ma~pa~ wW, ~n~, n01 I~u Ih~el IM (10'1 dayf in adv~nC~ of 1M ~xpiration Of Ntli polity, ro d~ IivN ro s+id MORIGAGEE ~ r~ntwal thtr~of. top~tMt with ~ r~ttipt (w thi pr~mium oi such rMtwal~ ~nd thK~ tluH b~ no f'a~ a winditam intwu~c pt~o~d on any of ~id bufldi,~, any k+ta~sf th~r~in a part tMrwf, unl~ss in ~h~ form ~nd wi~h th~ bs~ pay~bf~ u afo~tsaids Mf~ ~fl tF~f fVM~ My fWl of nwewy b~coina p~yabk unJ~ such pd{cy w policiei stid hlpqiGqGEE shall Mw ~M option ro fKOlv! and ~pply the s~m~ on account of th~ ind~bred neu ~scur~d iynby p a pamit s+id MORTGAGORS ro noeivs and uw h a any ps,t theraof fw ofhe. pu~poses, wi~hou~ the~eb~ waiviny a xnp+ir irg +eY puwry. lia~ a riph~ undK or bp vinw of this mo:typet and tn tiw ~vM~ s~id MORTGAGORS shatl fa ~ny ~eason fail ro kesp ~t+e sa~d p~~mises w inswed, a fail lo dslive~ promptly ury of said policiei of inw~anc~ to said MORTGAGEE, or fail promptly to pay fv!!y tny ptemivm therefor or in any r~~p~tt fai) b pyforn~, dixharQ~, ~x~tv~~, ~ff~tt, tompl~q, oomply with and abid~ by this covsnan~, o? any part i?e~wf, ~sid MORTGAGEE m~y plao~ and pay fw wd~ irowancr or ~ny pan tf~wf without waivirp w ~ffectirg aey optiw~, lirn, equ;ty, cr ripht vndx or by virtw ot this Mor~pp~, and tMc fuil xnount of eath and ~wry wth paym~nt shall bt irtwntdiately dw and pyebls and sh~ll bear int~res~ irom th~ dat~ thereof uniil paid ~t tM ran ot n~r~e pK qntum pa ~nnum and tcgether with such i~terest shali be secursd by tM lien of tfiis mort9pe. 4. To ptrmit, ao+nn~it or wffK no wut~, imp~umeM or dete~ioutan of said prope.ty w any put tl+ereof. 5. To pay ~II and sinpuls? tM costt, chargd ~~d axpeines, inclvding a re~sooable sttaney's fee and cosb of ~bsf~~cts of tiNe, incuntd or paid at any time by aid MORTG/IGEE. b~uu~e or in the ~veM oi ths fsilws on the part of the said MORTGAGOR 1o duly, promptly snd fvlly pNfonn, d~~ch+rqa~ exeart~, sffed, campkt~, oomply with and ab:d~ by exh and every the itipulatio~+s, agreements, cooditio~a, and covcnants of taid promissory note and this mort9a~e sny w eitha~. and ~a~d costs, chuQes and ezpenxs. each and wery, shall bs immediately dw and payabM: whether w not the~~ bs ~otice da mar?d, attempt to colkct u:uit pending; snd the f~ll amouM of each and wery xrch paymem shall bea. iMerost from ~he date thereof until piid at the rate of nin~ per centwn per ~nnum; and all said costt, charges and expenses incurred or paid, together with such i~teresf, shall b~ secvred by the lien of tbi~ "'wtp+0~- 6~. That ln the event of any breach of this Matgape or defau{t on tM psrt of the MORTGAGOR, a(b) i~ tM event any of said wms of money herein referred to be not promptly and fully paid within thirty (30) days next after the same seve~ally becane due ~nd payabk, without demand w notire, or in ths event each and every ths siipulations, sg~ecments, conditions and covensnts oi said pran'~sswy note and th~s moriga~e any w citha. a~e not iuly, prcmptly and {ully per{w,nacl. d~scharged, executed, effected, completed. compl'rcd with and abided by, then in e~ther w ~ny such ~vMt ths said ag gregate wm memioned in uid promiuwy note then remaining unpaid, with interest accri~ed, and a!1 rrwneys setured heieby, shail become dw and pay- abte fathwitly or thereaher, at Ihe option of said MORTGAGEE, as fully a~d completcly as if all of tl+e wid wms of money were aiginatly stipulsted to be paid on sucA day, a~ylhing in said prom;uory note or in thia Mortgsge to the contrsry notwithsfandi~?g; and thereupon or thereafter at ths option of said MORTGAGEE, w+thovt notice a tlernand, wif af law a in eqvity, the~efore or thereaf~er begvn, may be prosecu~ed ~s if all moneys secured hereby had matured priOr to ib inttitution. _ E 7. ihat in ths event that at the begiru?ing of or st any time pending sny wh ~pon this Matgage, or to foreclose it, or fo refonn it, w to enforo~ ~ payment oi sny daima hereunder, said 1NpRiGAGEE shall apply to the Court havirg jurisdK~ion thereof fw the appointment of ~ Receiver, such CouM si+all ~ forthwith appoint a reoeiver of said mortgaged prope?ty all aod singular, incl~d~ng all a~d singular the income, pro(its, issues and revenues f~om whatever ve+y ng expreasly vnderstood. w I,ereb mort ~ :ource derived, ead~ snd e of whKh, it bei y gaged as if speGfically set fath and described in the ~ranting and t habendum ctauses hereof, and such Receiver shall have all Ihe boad and effective f~nction~ and powers in anywiu entrvsted by ~ Courf to a Receiver, and iuch appoiMment shatl be made by such Court as an admitted eqvity and a matter of absolute rigM ro said MORTGAGEE, and without referenea ro the~ f adequacy w inadequacy of the value of the prope~ry mw~gaged er to the wlvency or insolveocy of said MORTGAGOR or the defendanq, and that such renls, profiss, uxane, issues snd revenues shall be applied by s~ch Receiwer acco?d~ng ro the lien a equity of said MORTGAGEE and the practice of such CouR. 8. To duly, promptly snd fully perfortn, dixharge, execute, effet?, complete, comply wi?h and abide by each and every the sfipulatioos, ~greements, conditions and coven+MS in said promissory note arxJ this mortgage set fath_ 9. Th~t in the event the ownenhip of the mortgaged premises, o. any pa.t thereof, becomes vested in a person other tha~ the MORTGAGOR, ths MORTGAGEE, its svccesson and suigns, may, withovt notice to the MOR7GAOR, deal with such succeuo? or sutcessor in interesf with reierence to thb mo~tgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating q discha~ging fhe Mortgsgors' Iiability hert ::~:.~.e: a: upan tt+a de'~t here6y sec~r=~_ t~+ sa!e o# t~+e prPm~ses hereby mertgaoed snd no forbearante on the part of the MORTGAGEE a its successon or assigrts and no extensian of the time fw the paymenf of the debt hereby secured given by the MORTGAGEE a its succeuors or assiyns, ihall oper~te to rel~ase, distharpe, rradify cha~ge w affett the wginal liabit~ry of the N10RTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of the euence of this contraC. and thaR no waiver of any obligaYwn hereurKler or of the obtigation se- cured hereby shsN at any time rhereaNer be held to be s waive? of the terms hereo{ ur of the irotrumem secured herby. 11. In additia~ to the forego'ng monfhly payments of princ pal and interest required by the promissory note secu?ed hereby, mottgagor covenants and agrees ro pay to mortgagee w;~h exh monihly payrnent an addii~ona~ sum esumated by mortgsgee to be eqwl to 1~12 of the annual cost of the follow- ing: e_eu ._.i r,.,.,, 1,,,,:~ ~ a«~ ~a,'.~sf the above described real esNte. - 6-Premiums on fi?e and windstorm insurence as herein requ~red to be carried on the improveme~ts situate on the above desvibed premises. C=Premiums on suth. mwtgage gua~anty insurar~ce as mortgagee shall from time to time deem fit to carry on the loan setured hereby. Mortgaget shall from time to time notify rtwrtgagor in writing of the amount due and payabk hereunder and such sum shall iherevpon be due and - Fayable on the due date of tF~e next monthly payment and each sutcessive month thereafte? ur.til mortgagee shall notify mortgapw of a thaoge in such amouM. $uch wms shall be applied by mortgagee tpward the payment of real properly taxes, insurance prem:ums, and mortgage guaranfy inw~a~te premiums. ~ IN WITNESS WHEREOF, the said MORTGAGOR has hereunto ut his hand and seal fhe day and ar fint sforesaid. - Signed, Sealed and delivered in the presence of: D ANQ itft' - - • ~UCIE COUe ~ ~ la~Y fiOCER.P01?RAS ~ is R. ~ R CIEP.K C{RCUI? COURT ~ - aECORO vEntf+EO--- vi J. Tr f•in~z ~ ~ S 10 i~ ~M'7Z _ ~ STATE OF FIORIDA ~ to~?~ ~ St. ~~~e 226'7'79 Befwe me persorWlly appesred QBIID~S B• Tl'efllllll and . Vicki~ J. 2ref~lner w;r~, ~~~,,,~n kn~, ana k~w~, to me to b. the inciividwb describsd in ar?d who executeo me iaeyvinp irwifv.r.a.~i, wwi :ua~,w'-,ey~d .`.Q-~c:a .:.a lt.a! s:.~ sz~.•e~ •h± •~••e iet !h2 o~x,oaaea therein exprested, And the said- V~CjC~.l• ?!!fllABl w~te of the said DlAA~~ Q• ~T=~!l111~Z vpq~ • sep~rste and privaf~ exam~naYwn by me tsken uparste and apart from her said husbar~d, adcrw,N{edged to and before me that shs executed said instrument frsely and vofun- rariiy and without ~ny cwop~rlsion, constraint. apprehera+on, or fe~r of or from her aid Iwsband. WiTNE55 my f?~nd and oificial seal thi: 3!d day of A~ il p. D. 19 72 i , . ' Notary Public in ~ nd fw t ate o ida at tu~ My Canrn6.uan ~xpirea: f r ~~ni~ o~ FLC~c.. u,. Return To: ''~'.:,SS:OH IXPIf!ES D~C.. p9, .1'- Fint Federa) Savirps 3 loart Assoceation ~-~e.~ Thru Genersl Insurano„y.~'` -yr ' Of fort Pierte. !i . • ~ I~- ~ _7s , , fott Pierte, Florida ~ ~ ~ ~ t. . .t • r• r . !'`/~~i ~ : i ~ ~ '.7 + : I i This Instrument Prepared By Jp~ M~ Cp11iDS • c~ ~ First Federal Savings ~ loan Association f : - • ' of Fort Pierce i R1oZf d~t . J,> • : : ~ ` , ~'~c , Checked By ~ . p;,~ ~ ~',",~.;as;?~~~~~ ~ S ~OOK ~ ; ~ • ~ _ _ ``~~..~~w.:~~n~-- .~:-~~r . . - - ~ ~n~~n