HomeMy WebLinkAbout0357 3. To pl~n ~nd cauin~ov~ly ~Np on ~M bu~!d~.~ps now w M~~a1~N rtwM on ~s~d land and or? all puiprn~el ~ pM~peylly covM~d by lhif n~a ~
+pR wiM ~11 premwn+~ ~hereon pa~d 'w+ ivlt, IK~ i~aw~nc~ in ~M vfwi ~tw+dwd potKy form. in ~ twn ~pprowd b~ rM MOR~GAGEE. and wi+~ro !
»uw~na In Mw uwal it~ndsrd poi~cy farti in • wm ~ppro~~d by M~ MORTGAGEE. b wch comp~ny o~ comp~r?~a a ~M MORTGAGfE n~
s~i ati f°w: «~3 : r~ : e ~ ~ a~ .+qr tn~en~~ .~.eL. er ~n ~h.rwf. in th~ app~p~M tvm ~fanaid
~n ~u~a tha~ol, ~Mtt con~ain ~tu „~wl u.nd«d ma~pawe Nsvw a u,cb at»r dww a rh~ Mw~p.~ n,ar requu~, ~na?iep rfw Wss undN u.el po
c»s. ~ach ~nd ~w.y. P+~ab~ a wid MoR1GwGEE a its imK~s~ ma~ ~pp~w. +nd ach «+d ~wry s~ch poiicy ~Mil b~ p.omp~ly +us pned aod d~liw.~d +
~ny Mld by s~id MORTGAGEE u(vr~hN Ncw;t~ ~o u~d rr~oryqap~ d~W, u~d, nor 1ns ~han t~n p0) dar~ Fn +dv+nc~ o/ ~M ~xp'uetion of eacA po1Ky, ro d~
liwr ~o aid MpRTGAGEE • r~ew~l thHwf. ~ope~hN with ~ nceipt fp the pnmiwn oi wch renewal; and t1,H~ sha11 b~ eo f'u~ a windua~ i~suwec
p~aad on .nr of s~id b~rild~np~, u~y intare~t ~M«w~ or part Mereof, ~ in th~ form and wilh Ih~ bss payabl~ a~fw~taid~ ~nd ia th~ ~vtnt aey wn i
of mw,~y b~cornp p~ya01~ „ndN „xh pol;~y a policiss wid MORTGAGEE shall Mw ~M op~an ro recf~~e a++d ~pply tM ~ame on accwxu ol tM indebted ~
n~s~ sscw~d Mr~by a a permit ~aid MORTGAGORS ro rsceiw and us~ it or any put ~hercof fw othcr pu~poses, w~~hou1 ~h3rsb~ waiv~~ig w~mpai.-
inp aoy pvity, li~n or ripht unde~ w bp vi?tw oi dw morryp~; uid in tM ~we~t uid MORTGAGORS shap la iny re~son fail ~o ksep the stid pr~mises so
insv~ed, w f~il b deliva prpnptty u~y oi said policia of insu~~ac~ to s~id MORTGAGEE. w f~il promptly lo pay fully any pr~mium ther~fo~ p in any
r~specl laii b pKform, d~scharp~, exacuts, ~ffM, compl~te, comply with u~d ~bid~ by tF?is cownanl, p a~y put Mr~ot, aid MORiGAGFE may plats and
PaY f« iud~ hawanc~ w any put t1+Neof wi~hout wa'wirg or ~ffMiop any oplan, li~n, p~~ty. a ~~ph1 undN a by virtw of this Mwtpa~. and tAt
4u11 aenovnt of tach ~nd twry wch paYmtnt sMll be imrned'wttly dw and piyaW~ and shall besr im~.st from th~ dar~ tl+~~eof vn~il paid ~t tM rat~ ol
~~n~ pa csntum per annum and togetAe~ with ~uch interest :hali b~ ucurod by tM litn of this mortpape.
I. To permit tanrnit or iuffe~ no was1~, impaLment o~ deterioration of ~aid properry w any put thereof.
S. To pay ap uxl ~inpulu the cwts, cha?pes and expenses includinp a r~aswubl~ ~ttwney's fee and caits of abstr~cts of titk, incvrred o? paid a1
any 1'une by said MORTGAGfE, beca~se w in the ~vad of th~ failure on tM part of /M aid MORTGAGOR 1o duly, p~omp~ly ~nd futty periwm, dixhar9e.
execute. effect. compkts. complY with and ab:ds by each and every the stipulat~or~ a~reements„ cw~ditio~a and cove~ann of said promissory note and this
nwrtg+ye arqr w eitha. and said costs, charpes ~nd expemea, each and every, tMll b~ imrt~ediately due and paysble: whether w r+ot there be no~ice de-
mand. attempt to colkcl or wit peading: ~d the fvtt arra~nt of each and eMery svch payment shall bear in:eresf irom ths dale th~reot umil paid ~t t1~e
ratc oi ~ine per centum pcr an~~um; and all said tosts, tharges and expenses inaxrtd or paid, tcpettxr with suth iNCrest, ihall b~ secured by 1M I'~en of thia
mwtyape. •
6. That (a) in the ew~+t of any breach of this Mortgag~ w defwh on ths pa?t of the MORTGAGOR, or (b) in ths tve~t any of ~aid wms of ma~ey
herein refe?rsd to bs not promptly ~nd fully paid witAin thirty (3p) days next sftea the same seve?ally becoms dus snd p~yabk, withoul dem~nd a notice,
or in the evem each u~d every ths stipul~tion~, agreeme~ts, condiYw~s a~d covenann of sa7d promiuwy note and this mortgaye any or either are not
iuly, promptly aed fully performed, d~scFwrged, executed, effected, oompleted, complied with snd abided by, then in eithe? or sny suth weM tM said a~
gre9ate wm mentioned in said promissory note then remainir~g vnpaid. with iNarest acuued, and all moneys sttuted herebY. sF?ill betome dw and pay-
abte forthwith, Of tIl!(NftN. at the option of said MORTGAGEE, ss fully and completely as if all of the said wms of money we~e aiginally s~~pulared
to be paid on such day, anytFiug in said promiuory note or in this Mortgage fo the conrrary notwithatanding; and thereupon p thereaher at the optio~ of
sa~d MORTGAGEE, without notKe or demaod, suit st law w in equity, therefors or thereafter begun, may be prosecuted u if all moneys sncwed hereby ~
had maNred prio~ to i1s irqtitutiort. _
7. TMt In the event that at the beginn;ng of w at any time pendirg any wit trpon this Mortgage, w to fwecloss it, or to reform it, or to enface
payment of any claims hereundet, said MORTGAGEE shall apply to the Court havi~g jurisdidion thereof fw Ihe appointmee~t of a Receiva, such Court shell
Forthwith sppoint a receiver of said mortgageci property al~ and singvlsr, inclyd~ng all snd s, ular the,' pp~~a issues and revenves from whatever
source derived. each and every of which, it being expressly ~nderstood. i~'Rl~bs~ ~ ~~s IIjI`set'fbrth snd dewibed in the granting snd
habendum clavses hereoi, and such Rec~iver shsll have aU the broad and effective fu~t; ~!d' ' in a~ywise entrusted by a Cowt to a Receiver, and
•uch appointment shall be made by wch Cou+t as an admitted eq~ity a e~p~:rj~f~~p~e~~i~~'t~~1~GAGEE, a~+d without reference to the
adeq~acy or in~deqwty of the value of the properry mortgaged w fo~ya~llar~~ ~{~~~~~•p the defendants, and that such
renrs, proFits, income, iuues and revcrues shall be applied by such R~Ivel. k~O.r~ ~~~~TGAGEE and the practice of such
Court. ± >':i : ~
8. To d~ly, promptly and f~lly periwm, dixharge, executc, effect, somplete, compty with and abide. by esch and every the stipulaY~oos, agreements,
conditions and covenants in said promissory note and this mortgage ut fwth.
9. That in the event tF~e ownersh;p of tF~e mortgaged pre~r,;ses, or any part thereof, becort~ea vested i~ a penon ofher than the MORTGAGOR, the
MORTGAGEE, its successors and assigns, may, without natice to the MORTGAOR, deal with such successor p succe:sw i~ interest with reference to lhis
mortgsge and the debt hereby secured in the same manner as with Nbrtgagor wirhaut in any way vitiating or dixharging the AAatgago~s' liability hera
under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearance on the pan of the MOR7GAGEE w iri svccessws
ass:gnt ar~t3 :.a ex:a: ;'sa~s of s!u t:zse far the pay*::e~t of ihe ~n~! h=r~6y sx+=r~ gixrs by t1eM NIQRTGAGEE a its wcceasors w suigia, shall operats
ro rekase, d+"scharge, mod;fy change or affcct the origirw) Iia67Gty of the MpR~GAGOR t+~rein, either in whde or ~1 puL -
10. It is specifically agreed that iime is of the cucnce of this contract and that no waiver of any obl'igaian herew~der w of the obligation se-
cured hereby shall ~t any time thereafter be held to be a waiver of the tetrt?s hereof a of the instrument secured herby.
11. In add~tia~t to the forego:ng monthly payments of p?inc'pal snd interest required by the promiuory nofe secured hereby, mortgagor covens~ts
a~d ag~ees to pay fo mortgagee with each monthly payrnent an addiriawl sum estimated by mortgagee to be equal to 1/12 of the a~nval cost of the follow-
irg:
A-AII real property taxes levied w assessed against the above described real estate.
o-rrr~nivnn w~ iita e~ni wu.va:v~u. r.~av.m~Le oS :.~:E.:. .-cy.:..-.~ :v ZG:::~~ G' r_'_"'_••~• •:w.as~ d.e .M..e .Ieer.:Mi1 sv~.~niars
C-Piem;ums on such mortgage gvaranty insurar~ce as mongagee shall from t~me to time deem fit to carry on 1he ban secured hereby.
Mwtgagee shall from time to time notify mortgagor in writing of tlx amouM due a~d payable hereundrr and such sum shall ihereupon be due and
FayaWe on the due date of the next monthly payment and each successive montF~ thereafter ur.tit mortgagee shall notify mortgago~ of.a change in such
amo~nt. $uch sums shall be applied by mortgagea toward the payment of real property taxes, insurance prem:ums, and mbrtgage guaranfy insurance
premiums. •
IN WITNESS 1NHfREOF, the ssid MORTGAGOR has hereunto set his hand and seal the day and year first •foresaid.
S' ned. ~eakd and deli cd ' the pestnce of:
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. e Blac
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. ack~e ,n
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STATE OF FtORIDA ~
St. IuCie u-
couNn oF -
Befae me personsUy appearcd ~1911 DSV~d ~BCiCE12~ end
~IOis B~8C~r~ his wife, to me well known and known to me ro bs
the ~ndrv~duals deacribed in snd who executed the fweyoi~g instr~ment, and acknowledged before me that they 4xecuted the same for the purposes
rherein expressed. And ihs said ~0~8 83,SC~Tby
wife of tiK said 18D nBY~d ~8C109rZ7Y upp~ a sepsrste and privat~
examination by me bken seps~ate and apa~t from her sa;d busband, adcrwwledged to ~nd befae me ih~t the executed taid instr~ment freely and volurr
~arily s~d without ~ny compulsion, constraint, appre , er eu of or from her pid h~sbsr?d.
WITNE55 my hs~d and offic;al seal thi d~y of A A. D. 19 ~
. ~ r: ~ :
, Notary Pubtic in and fw Sta of Flqdd+i:i~: `
i,'
My Cornm7.sion -expires: • /`~/~~y ti' ~fi • -
Retwn To: ' ~i_ L'?'
Fint Federsl Savings d. loan Associatioo ~ : - ~ . ~ ~ : ~ _
Of Fort V~erce. • 1- ; ' , ~ : .
Fort Pierce, Florida ~~8 RE • \ v . : -
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' CIRCU4f Q _ . ~ , ~ ~ `'g ~ '
O~NO v~ ,~j~' _ ~`~;.c:ic~~ =
AIFIEO i ; ~
This Instrumenr Prepared By RiChBTd H. be~~!
First Federal Savings b loan Association ; y,tZ~ ~
of Fort Pierce ~ F10]CidB ~ ~
Checked 8y ~ ~~90"7 .
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