HomeMy WebLinkAbout0355 io pl~c~ wd con~rwovslr te.p on ~M bu~:du~q~ now a M.~aiN~ wtwN on wid 4nd and on dt equipn»nl ad pNw~~Y cow~~d by fh4 w~a
y~. w~th atl p.~m~wns ~1w~eon p++d u~ (ull, lue inw.anct ~n ~M uswl a~~da~d po~ic~r fa~R in •?wn wProwd bY th~ MORfGAGEE. ~nd wind~a
~nwranc~ in ~M uswl ~~~nda.d po~.qr lan~. in ~ tiwn appowd by tM MORi(~1GEE. in wch con+W^Y « canP+MN a tM MORTGAGEE ~
ouKil N1~ ~i~ ~iFf ~na wrwNri~c i.-uvr«~.T. w~»::• ~t t~aii! !xv*.~il=•:!. ~j ~'?rc~a: :!~r~ sr ~n t1,r.e~•~1: b+ d?* ~s9•«~te aun~ donNW _
fn ~aceu d»rwf. ~hall contain the uswl u~nd~rd inor~qapM clww a wd+vWl~ claw~ a ~M Mortp+pN m~y ~pvo~. m~?k~p tM lou w+dM u~d po
c~s. ~ach ~nd ~w.y. Wrabl~ a s~d MORTGAGEE a ih inM~at ~nay app~a?. ~nd ~ach a+d ~v+ry svch po~icy ~h~ll b~ P+a^P~h ~ss pned w~d d~liv~~ed ,
•ny held by wid MORIGAGEE ~s tvr~M. ~ea?riry ro s.id mor~9~ deW. a~d. ~ leu ~hw~ Ne (~01 dap M.d~•~c• of ~M •:p~.•t~o~n ol ..cl+ pot~?. ro d~
live~ w said N10RTGAGEE ~ r~newd Nwreof. top~tl+~ wi~h • nc~ipl fw ~M prwniwh of wd~ r~w~li ~nd ther~ ~hall b~ no lat a winds~am insw+nc
pl~qd on sMr of s~id bviMinps, ~ny MterNt IMr~in or put tMreof. unl~ss in tM fam and witA tM loss paY~ble afa~~aidj and in rhe ~vem +~1I s~+^
of mon~y beca~ws p+yaWe urwl~r wch policp a pol~cits said MORiGAGEE ihall Mw ~M opt~on 1o r~c~iw ud ~pply tl» sarn~ on +ccow~~ of tM ind~bt~d
neu ~ecwed ha~by or ro permit said 1NORTGAGORS to r~u:-+~ ~nd us~ h a~ny par~ th~raof lor oti~c~ pu+poses. wi~hout IhrEb~ waivi~.~ a~~npair
ir~ anY pvity. liee~ a ripht w~d~~ or by virtw ot thi~ mortpape: ~nd in tM ~venl wid MORTGAGORS th+ll for any reason fail ro keep ~M ad pranises so
inswed. o~ f~il b d~live~ panptly aey of said politist of irour~nq to said MORTGAGEE, w}ail ptomplly to pay fvlly ~ny prsmium tha~for or in any
respac~ I~il a p~.fonn, discha~~. ~xscua. sffM, canpl~r~, comply wi~h and ~bid~ by this car~naro, a ~~y p+r~ ha~ef. saW MORTGAC'sEE may p~au +nd
paY fw wd~ Guurana or +ny put tht~wf witlwvt waivinp w aff~ctinp ~ny optbn, IiM, puiry. w~iyM u~+dK w by virtw of this Mort9aps. ~nd tM
full amoue?~ of each and ewry such paymem shall b~ i1MNdi~ftly fJ~N ~11d piy~~ ~e?d ~hill FfNI if~flfNt I~OA1 1FN dlt~ the~aof w~~il paid at tM ran ol
nine pa centum pa arwwm and toQether with such interest ihalt be sec~red by th~ IiM of t1w rtwrt9p~.
I. To pamtt, cornmit w sufi~ no wate, impairment w d~teiwwtion of aid propKty a ~ny put the~wf. ,
5. To p~y ~II ~+d singula~ ths costs, charpa and expenses, lncludinp + ressonabM ~ttorn~y's f~e a~d costs of ~bstracts of titl~, incv~red or paid .at ~
any time by said MORTGAGfE, bsuvse or in the ewnt of the fail~re on the part of the said MORTGA(iOR ro duly, prompNy and fvlly perform, d~sch+rga
executs, effecl, complet~, comply with and ab:de by each and every the stipulatio~s, apreement~, conditions. +nd ooven+~ts ef s+id P~or^~sso'Y ^o~e +^d thls
morrgaps aMr w ei~he~. arxl sa~d costs, d+uges and expe~ues. esch snd wery. shall be imrt~ediat~ly dw ard payable: whether or not ther~ be notice de~
mand, ittempt to cdfect or suit pending; ~nd the fvll ~nt of tath snd every wch payment sl~all be~r interest f~om the date thtreof vntil paid ~1 th~
~~re of n~ne pe~ centum per arnwm; and all said costs, charges and expenses incwred w paid. wgather w~th such interest, shall secvred by the lien of thu
morf~a~e.
b. That (a) in the eveat of any b.•esch of this Mortgage a d~fsult on ths part of the MORTGAGOR, w(b) in the event ~ny of s~td wms of ma~ey
herein referred to be no1 prompHy and fully paid within thirty (30) days next after Ihe sa+ne severally becane due and p+yabl~, without demand w notice,
or (cj in the evem exh and every 1he stipulations„ sgreeneeots, cond~tio~s and coven+nts of s~td promissory note and th~s mortgape sny o~ either are nw
~uly. promptly snd fully performed, dischar9ed, executed. effected. completed. compl'~ed with u~d ebided by, then in either or any such event Ihe~said ag
gregate wm mentaned in said promiuory note the~ remaininy unpaid,.with 1f1tHlSf Ktlutd, and all moneys secured hereby, shall becona dw and pay~
able fwthwith, o? thercaftcv, at the option of said MORTGAGEE, as fully and compktefy ~si if all of fhe said sums of money were wiginatly stipulated
to be paid on suth day, anything in said promiuory note or in this IYlortgage to the contrary notwithstsodirg; and the~eu(wn w thereaher tl the option of i
naid MORTGAGEE, without notice or demand, s~it at law or ln eq~ity, thercfwe or thereaiter begw4 may be p?osetuted a if all moneys setvred hereby
had matured priot to in irotiturior?.
7. Thst in ths event that at the beginning of or at any time pe~ding sny w7t upon th~s Mortgsge, or to forecbse it, w to refwm it, w to enfwa
Payment of any claims•hercuoder, ssid MOR7GAGEE shall apply to the Court having jwisdiction thereof for the appointment of ~ Reteiver, svch Gwxt shall
forthwith sppoinF a receiver of said mortgaged property all and singvlar, includ~ng all and singubr the incorne, p?ofiri, iuues snd revenues from whatever
source derived, each and every of which, it being expreuly understood, is hereby mwt9aged as if ~pecifically set fath and dexribed in the grantinq and
habendum clavses hereof, and such Receiver shall hare all 1he b~oid and effective funct~ons and powers in anyw~se entrusted by a Cou?1 to a Receiver, a~d
such appointment shsll be made by wch Court as an adinittjd;~gv ity and s a+itt~ of absolu?e right fo said MORTGAGEE, snd without reference to the
adequacy a inadequaq of the value oi the property morigsgeg "or4p the sotva~cy
br= at~olvept; oi said MORTGAGOR a the defendants, and that such _
renrs, profin, income, iuues and revenues sha11 be applied by sucK~eceiver a~rding to the lien or equity of said MORTGAGEE and the prac?ice of such
Court. ' - 3'
8. To dvly, promptty and fufly p~rform, dischargc, execute,~eHetf eomptel~, aornqly-vrilh and abide by each and every the stipulatian, agreert~enfs,
conditaru snd covenanh in said promiuory rate and this mortg`sge "seTio?tf~ j: .
9. That in the ever+t the ownership of the mortga9ed premises, or any part tF~ereof, becomei vested in a person other than the MORTGAGOR, th~ `
MORTGAGEE, its successon and assigns, may, without notice to the MORTGAOR, de+l wi~h such waeuor or succeuor in interest with reference to tha ;
mortgage and the debl hereby secvred in the same mamer as with Mwtgaga without in any way vitiating or distharging the Mortg~gws' li~bility here~
under or upon the deb~ hereby secured. No ssle of the premises hereby mortgaged and no forbearance a+ the part of the 1NORTGAGEE or its successors
o~ eugns a~d no ex~e+~s~on ui the i:~nz iw iI~ payrneni 6f ftt8 t~ebi fierehy srcursd given by the FAORiGAGfE w it~ :vccessoro or assgns, shel! opesaq
ro release, diachargc, modify charge a affed the wiginal liability of the MORTGAGOR herein, either in whok or in part.
10. It is specifically agreed tbat time is o( the esse~ce of this contract and that ra waiver of any obligstion hereu~xkr or of ths oblipation sr
cured hereby shall at any time thereafta be held to be a waiver of the terms hereof or of the instrumeM secured herby.
11. In addiYw.~ to the forego:rtg monthly payments of p~inc"pal and interest required by the promissory note secured hereby, mwtgagor tovenanls
and agrees to pay to mortgagee with each monthty payrnent an addirional sum estimated by mortgagee to be equal to'1/12 of the annual cost of the follow-
ing: - ~
A-All real property faxes fevied or auessed agai~st the above desuibed real estate.
.a~...:~....+
IS-Yremlum5 Ofl" i~fe a110 winOStMm iOSVranCC as nerein rca~~i•rcv iv Ne ~aniev aw~ inc ....y.3.v~~c.~:+ r. ..w ~w-.~
C!
C-Premiums on such mortgage guaranty inwrance as mortgagee shall from time to time deem fit to carry on the ba~ secured hereby.
Mortgagee shall from time to time notify matgagor i~ writirg of the amount due and paysbk hereunder and such sum shall thereupo~ be due and
~ Fayable on the due date of the next monthly payment and each sutcessive month thereafter ur.til mwtgagee shsll notify morfgagor of a change in such
amouM. Such sums sF.all be applied by moqgagee toward the payment of real property taxes, insurance prem:ums, arxl mwtgage guatanty inwrance
4 Fremiums.
~ IN WITNESS wHEREOF, the said MORTGAGOR has hereunto xt his hand snd seal tht day and year fint afaesaid.
' ned, $eakd and livered in the [xesente of: `/~~C ~ e
~ ~j' os. - cs-~q
Horace L. Mandeville ,q
f ~ B~r_
Uoroth L. Mandeville q
STATE OF FIORIDA ~
SS.
couNir oF St . Lucie
e~f„e ,,,Q ~,«,auy ,~x,«d Horace L. Mandeville .~?d
Dorothv L Mandeville his wife, to me well krawn and krawn to me to bs
the individwls described in and who e:ecuted the fweyanp instrurnent, and sdcnowledged before me that they exewted t1w. a~n~ for the pwposes
T,'`
~ therein expressed. And the ssid Dorothy L NLndeville r~~` ;c~'
;1~ ; P . '
Horace L. Mandeville ,,,d_P.;~.r.
wife of the said ~ 7i~~
examination by me taken separate snd apaA from her said husband, sdcnowledged to and before me that she exac~plepl, 1M~wt~ ft!~r and volvn-
rar~iy and w~thout any compulsion. .constrsint, spprehens~on, or fear of or from I~er said husband.
•:T,"~
. . r
WITNE55 my hsrxl and official seal this Sth day of =il _ 19~
_ z .
• • + ~.i
_ i~
~ Natsry Public i~ uK! t~•_fhi ISI Of~ , ~~rpe
~ My Commission e 4
Return To: fLORIDA ~t LARGE
Fint Federal Savings 3 loan Associatioti '~~'~R~s. SEPT. 25, 1975
Ol Fort P:erce. ~ I~ ~
fort Pierce, FI«ida F LEO AND RECOROEO ~ :
=~,UICIE COUMTY flA. ~ ;
ROGER PO~TIlAS ~ ~
CLEtIK CIRCUIT COUIIT . ~
RECORO YERIFt~O .
This Instrument Prepared By John W. Co111ns
Fi~st Federat Savings ~ loan Association p~ 6 ~2 a~ PH ~~Z
of Fort Pierce ~ F lot ida
Checked By ~ ~(3~
_ aooK2~1 ~ -
C~ ~ ~ ~
..,aJ_' - ' ' - w~~, p~'v~ -
x =7.. ~ ~ ~ -~,.v~-..,;.,"r
~ -sz-1 ''~..,:,T .y