The URL can be used to link to this page

Home My WebLink About1605 te p~~e• snd connnuo~~ry ~eep on ~he bu~'d~n~t now a hN~a}qe fitwN on u~d Iand ~~+d on cq~i~.wM u+d pNw~~ll~ covK~d bY IAif iwa p~. w:~Il ~II PIM\WtT~ the~eon p+d .n 1..~4 t~re ~~~~~~+ce N ~he v~w! surdud po~K~ lam, a~ • ~.k*~ •Hwo+ed b~ tl~e MORjGAGEE. ~~d w~nd~ro ~rwr.a~a in M. uw.l •~•.~d•.d poi.c~ in • w•n .ppoY~d by ~M MORiW?GEE. i~ wcA cor~pa~r a ca^pan.„ N ~1v IrWR1~AGEE dveu; ~nd ~11 f~.~ and w~nd~a.~n ~rowar+ce PosKas on any d s.~d b~r~W.~pa, .nr ~n~«••~ ~h«ein w P..~ ~h..w~, in rM ap~~ep~~~ ~w* ~fa~s~~d M~acess tAe.eo(, ~MN coNa~n ~he usual Nandad ma~9p~t clws~ w such a1w~ d~ut~ ~M Ma~ppM may ~puai. ~na?iop tM Fw~ undN ~ad po c~es. eacA ~.d ~v~.v. wrab4 a u~d AWRiGAGEE as nt ~n~«sW m~y app~a~. and sach .r~d erc.~ •ucA po~~cy •MU b. p.a*w~~y ~ap^~d M+d d~~~ve~ed ~ ae~ Mi~ by s~:d AhORiGAGfE •f iur~he. s,rcurcry ro~sid mw~yp~ deb~. and, nw I~a ~hu+ tM 1101 days in adwnce of tl+~ •¦pu~t~on of each po1Ky. ro d~ Gvx w sud 1V10RiGAGEE a renewal thereof, ~oqNFw wi~h • ~~c~+pt fo~ tM pn.niwn oi wcl+ r~ntwd; ~nd ~M~~ ~hat1 b~ no fu~ o. w~nd~~o~~n i~uw~nc placsd on ~ny of sad bui~d~~y~. ~ey in~as~~ tF+e+~~n a part thereo(. w+ku in ~h~ form and w~~h tF~ {oas p+Y~bk ai ~Faes++d: +~d i~ tM w~nt any sue of mo~y becon+e~ p~Wble v~da iuch policy a polKi~s ~aid MORTGAGEE sMil haw ~M op~wn ro receire ~nd •pply ~M s+me o~ acco~nt of ~M indebied ntu ~ecw~d he~eby a lo pe~mit f~id /Ih~RTCsA~RS t0 flitiv! a(1d Yf! It p 1ny Pi~1 thlte0~ ~O~ Ofhcr pu~{~osrs. ~v.~ho~f 11~_rau/ wd~v~.~~ ~~~~P~+~r' iny any equ~ry, lien or rght w~de~ or by vir~ue of this n+o~tyaq~: N+d 'e+ tFw ~ve~t s~~d MORIGAGORS shall fa any rsasor? fail lo keep ~he u~d pre~++~sea w _ insured. or (ail b de~iver pompUy ~ny ot said policiei of inw~~nt~ 1o sa7d MOR1GAGfE. or fait ~uomptly to pay fully any pre~n~um ~herelo~ a in anY respett fail b perfprt~, diuharge, eaecuts, effect, tompk~s, tomp~y with ~nd abid~ by this covenant, p. a~y part hrreof, said MGRTGAGEE may p~ace and paY fw suth I~nurancs or ~ny part thereof w~~hout waivinp a ~ffactinp ~ny option, liw4 equity. o~ ripht vnder a by virtw of ~his Matga9e. and tht full amoum of each and ewry svch paYment ~F?all be immediately dw ~nd payabl~ ~nd shall bea~ interest from ~he da~e thereof until paid a tFN rat~ ol ni~e per ce~Wm pe~ annum and together wilh sucA interest shall be seturcd by tht lien of this mWf9a~e• 4. To permi~, commif or suf(er no waste, impairrrKnt or dete+iwation of iaid property or any p+~t ~hNeot. - 5. To pay all a~d singular the co~ts, charpes a~d txpenses, i~cludinp a reasonabk attaney i fee and costt of abstrads of title, incurred o~ paid at any time by said MORIGAG:E, betaute p in the event of the failure on the part of the s+id MORTGAGOR to duly, promptly and fully perform, discharge, execute, effea, compkre, ca»ply with and ab:de by each and every tF+e stipulations, sgreeme~ts, conditio~s, and cover~anrs of wid prom~:w~y note and ~hi~ mortgape any or e~ther. and sald cosn. charges and expenses. each and every, shall be immediately due and payable: whetFxr o~ not the~e be ~otice de mand, attempt to collect w suit. pend~ng; and the (ull amount of each ~nd erery wch paymem shall bea~ interest from ~F?e date thereof uMil p~id at the rate of nine per centum per annum; and all said costs, charges and ex~e~+ses incurred or paid, together w~th such interest, ~hall be secured by the lie~ of this mortyage. Q That (a) in the event of sny breach of this Mortgage w defaul~ on the part of the MORTGAGOR, o? (b) in the event a~y of ss~d wms of moneY herein referred to be r+ot prompfly snd tu11y paid within thirty (30) days next after the same severolly become due snd payable, without demand or ~w~ice. or in the evero eacb and every the stipulations, agreemcnts, cond~tions and covenants of sa,d promissory note and th~s mortgage any a either are nol ~uly, promptly and fully periwmed, d~scharged, eaecuted, eifected, completed, compl'~ed with and abided by, then in either or any such even~ 1he iaid ag gregate wm mentioned in said prom~uory note then remaining unpaid, with interest accrued, and all monfys secured hereby, shall become due and psp able fwthwith, u thereafte~, at the opt~on of said MORTGAGEE, as tully and completely as if all of th~ said sums of money were orig+na~ly sripulated to be paid on such day, anything in uEd prom~uory note w in this Mwtgage to tFx contrary notwithstand~~~g; and thereupon w thereafter at the op~io~ of said MORTGAGEE, w~thout notice or demand, svit at law or in equity, therefote w the?eaiter begun, may be prosetuted as if ~II moneys setvred he?eby had matured pnW to its institution. Thst in the event that at the beginning ot or at any time pending any wit upon this Mortgage, or to fweclose it, or to reform it, w to enforce payrrKnt of any claims hereunder, said MORTGAGEE ihall apply to the Court having jurisdictio~ thereof for the appaMment of a Reteiver, such Court shsll Forthwith appoint a receiver of :aid mortgaged property all and sirgular, includ~ng all and singular 1he income, p~ofits, iuues and revenues from whatever xource derived, each and every of wh~ch, it beirg expressly u~der:tood, is hereby mortgaged as if specifically xt fwtk and desuibed in the granting and habendum clauses hereof, and suth Receiver shall have all the broad and efiettive functions and powers in a~ywise entrusted by a Covrt to a Receiver, and s~ch appointment shall be made by such Court as an admitted eqvity and a matter of absotute ight to said MORTGAGEE, and without reference to the adequacy a inadequacy of the value of the property mortgaged w to the sotvency or inwlvency of said MQRTGAGOR or the defendants, and that such ren•s, profits, income, iuues and revenues shall be applied by such Receiver accordin~ to the .lie~ or equity of said MORTGAGEE and the practice of such Court. ~ B. To duly, promptly and ~ully perform, d~scharge, execute, eifect, complete, comply with and sbide by each and every the stipulations, agrecments, conditions ar?d covenants in w~d promiuory note and this mortgsge set forth. 9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other thsn the MORTGAGOR, the ~ MORTGAGEE, ifs successora and assigns, may, without ratice to the MORTGAOR, deal with such succeswr or successor in interest with reference to this ~ mortgage and the debt hereby secured in the same manner as with Mortgagw witho~t ~in any v`ay vitiating or dixharging tF?e Mortgagors' lisbility herr ` under or upon the debt hereby secured. No sale of thr premises hereby mortgaged and no forbearance on the part of the IIhORTGAGEE w its succeuws ' ar aug~s and no extenslon of the time for the payment of the debt hereby secured given by the MORTGAGEE or its successors w auigns, sball operate ~ to retease, d~scharge, modify change a affect the orginat liab~tity of the MORiGAGOR herein, either in whole o? in part. . ~ 10_ It is specifically agreed that time is of the essence of this coMract and that no waiver of any obligat7on hereunder a of the ob!igatwn se- i cured hereby shall at any time tF?ereafter be he{d to.be a waiver of the terms hereof or of the instrument secured herby. { 11. In add~tio~ to the fwego:ng monthly payments of princ pal and interest required by the promissory no!e secured here6y, mortgagor covenants and agrees to pay to mo:tgagee with each monthly 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 taxes levied w assessed against the above described real estate. B-Premiums on fire and windstorm insurar.ce as herein requ:red to be carried on the improvements situate on the above described premises. '~i C-Premiums on such mwtgage guaranty insurance as mortgagee shall irom time to time deem fit to carry on the loan secured hereby. ~ Mortgagee shatl from time to time notify mortgagor in writing of the amoiint due and payable hereunder and such sum shall thereupon be due snd j Fayable on the due date of the next monthly paymem and each successive month thereafter until mortgagee shall notify mortgagor of a change in such f amount. Such sums sF.afl be applied by mwtgsgee toward the payment of real prope?ty ta:es, insurance prem:~ms, and mortgage guaranty insurance ~ prer~iums. IN WITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and seal the day and year first aforesaid_ Signed. Seskd and delivere "n the pr of: - ~0~~ - ,q Q~ OSC~ A. Mer aq " ~Seal) J hanna Merz q ~na - STATE OF FLORIDA 1 COUNTY OF St • LL1C1@ i ~ Before me perwnally appesred OSC~ A Merz a??d Johanna A'~rZ ' his wife, to me well known and known to me to be the individuals desvibed in and who executed the foregoing instrument, and acknowledged before me that they executed ths aame for the ry~+rposes rherein expreased. And tF~e wid Johanna M@!2 ; ovife of the said OSCaZ A. MQrZ upon s separate and privat~ ~ examination by me taken separate ~nd apart from her said husband, scknowledged to snd before me that she executed said i~strument fr~ely and volun- ~ tarily and withovt any compulsion, constraint, apprehery~or~~w fear of or from her said husband. , ~ . WITNE55 my hand and official seal this day of A i1 ;.1~~~ ~ ' Nota Public in snd fw t 5 te oJ ~+iuup~ ; • My Commiu'an ea p~+ ' O: Retum Ta NOTARY PllBLIC STA~~ f~ A41DA ~1T ..a_ t C` ~!~?TI Ee:ci:tr~ R i 2. 'rJ. . e~ Firsf Feder~l Savings d~ loan Astociation Y c~r~~FU.~ i;:~~:wwc.~ u?saE~~~tt~ t~c. ; Of Fort P~erce. t~ 'v.....•'~~L ~ Fort Pierce, florida ' 3•- J ''ri • b'r~~ t~`~. y 't~tpyilflt~~~~,, F~~Ep 1?M~ RECOR~~ ~ This Instrument Prepared By John W. Coll~h ~~~E COUKtY F ~ First Federal Savings ~ loan Association ~OGER PO~~AAS CLERK C{nCU~? COURT of Fort Pierce ~ Flotida RfCOAQ vEa~F1E0 Checked By Zo " SS ~ ~ 2~:7'76'7 ~ ~1~ ~ _ y _ - ` ~r~~~~~k= _