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HomeMy WebLinkAbout1861 To pt~c~ M~ cOnIkNMW~Y ?NP ~ Ih~ bw~dM+p? AOw p~NNf1M ~i1WN Ow N~ (M~ M~ oH ~II puipMM Mf~ OMtOA~h OO~rM~O by Mb ~10~ p~, w~~h ~11 p~w+iwn~ ~h~r~ow pa~d ~n fuH~ 1'ue ieaw~nc~ ~n ~M wval a~~d pM~cy fonw. in ~ ww~ ~pprov~d btr M» MOR~GAGEE. M+d w~w imw~nu b dw u~wl p~nda~d po~~clr 1am, N s w~ ~DP~ov~d py tM MORiGAGEE. iw wc1~ canPM+y a ca^P+n~N M Nr J~WTGI?OEt ~ dwc~ .~d au tw• «+d wMd.~o.~ ~.w«~a paK~.. a+ .~r OI Nid bVil{~1. Mly klq?~~I tM+lin O~ pM1 1M~lOI. M d+. .~~~.N .w~ •~a...+e In uu~w Ma~of. ~MII con~~in tM wwl a~ndwd mappM ciwH a wd~ aMr ciwN at d+~ MapapM ~n+y ~pv+n. ~+P ~M 1w~ w~d~. ud po c~. ~ad+ and ~v+~Y. o~~raW~ to NW MORTGAGEE a~u i~~s~~s~ m~y ~p~w. and e.cA .nd •w.~r ~vcA po~Kr ~l+.11 b~ pron+Wir y~.d v+d d~~iw..d ~ .n~ MW b~ ~.~d MORiGAGEE as Iw~lwr ~.cvri~y ro~.d ma~p.p~ d.W. ~nd. not_ In~ Mae qn 1101 d~ys in ~dvN+c~ ol ~M ~aplr~t~ of Nch po~icY. to d~ 11w~ b wid MOR~GAGEE • r~wai tMrwf, rop~d+N wi~h •~iuipt fa tM pr«niww ot wd? r~w~lJ ~nd ~M~~ aMil b~ ra fv~ a wind~~am intiw~nc pl~ad on +~ryr of s~id buildinp~, ~e?~r iatant tM.~in ar p+.t tM.wf. vnkss ie ~M fw~ Md wNh 1h~ Iots payabl~ u~(a~s+idt Md k~ tM ~vM~ ~ny ~w+ of mo~ey becon~ p~Yabb unda wch polity o~ polkih Nid MOR7iAGEE ~MII haw tM op~an w ~~c~iw ~~d +pply ~1w s+~n~ on ~ccoun~ d tM ind~b~ed n~ss sscured fipeby o~ b permit s~id MORTGAGORS b tK~iw ~rd us~ il or any pM~ rherwf Iw o~hc. pur~es. w~~hou~ Ihs~eb~ wa~~~~y a~mp~ir inp ~ny puity, 1i~n :iyht w+da a by vinw of this rnostyp~t +nd u+ tM ~wn~ w~d 1NORTGAGORS iMll (a ~nr r~awn fail ro kHp tM u~d p~Knises w inw?ed, o~ f~il M d~livN p~oinpt111 MY of w~ P~liciws OI in~w~nt~ lo s~id MORTG/1GEE. o~ fail promptly 10 p~Y fully My ~M~iVT tM~~fw p M a~Y rKp~et I~il w pKfan~, dixMr~t, ~:eeuq. ~ff~e1, eampl~t~. eompl~r with Md ~bid~ by H+is eow~+nt, p~e1y W~t MtW~, s+id MORTGAGEE m+y plae~ a~.d~ p~Y for wch iraw+nc~ w~nr pan tlwr~of without w~ivinp a af(~ctinp M~ option. IMn. pvity, a ripM w~d~~ w by virtw of thi~ Mat~p~. ~nd the full ~n+a,nt of ~ach and ~wry s~ch paymem ah+ll b~ immed~at~ly dw a+d py~bl~ and ~hall Mar ineK~sf han tM zl~t~ thsreof vntil paid tM ~aa ol nint pN t~ntum per annum ~nd tope~her with suth intKest ahall b~ ~etu~eA by the li~n o1 thq nwrtpp~. To permit, oornmit or sufiK no wute, impa'ument w d~teriw~tioo of aa propKty a~ any p~rt tMrwf• S. To pay ~II a~d dnpulw th~ costt, cMr~es u~d exp~nses, includinp • r~asa?abl~ attorrky's fie and costs of ~bsn+cri of titl~. ieKUrred w paid at any time by ~aid MORTGAGEE, Mcause or in tM ~wnt of tM f~ilur~ on the pa?t of fht s~id MORTGAGOR ro d~rly, promptly +nd fullY pa~orm. d~uMr~, •xecut~. ~ffect. compkt~. comply with and ~b:de by ~ach u+d ~wry tM ~tip~rlatiau, p~eements, conditioro, and cownanq of said p~or~issory noq and this mwtyap~ aMr or sitha. ~nd s+id costs, chupes and ~ap~n~es. each and ~very. sMll b~ immadia»ly dw ~nd payablej whether a not tFw~~ b~ norKe da m~nd, attempt !o collect o~ wit p~~d~rg: ~nd tM fvll amou~t of each and eve?Y wch paym~nt sMll b~a~ int~reN from tM date thereof w?til paid ~1 tht rate of nine per centum per aru~um; ~nd all said costs, tMrpes and expenses intu~rad w paid. topether with such iMettst, sh+ll bs secu~ed by th~ lien of thii morty~. 6. ih~t in the ~wnt of ~ny be+cl+ of this Mwty+p~ or dsf~ult on the p+rt of the MORTGAGOR, o? (b) in ths went any of said sums of money herein nferr~d to be rwt prompHy and fully paid wirhin thi.ty (30) days rNxi after tl+e sam~ sever~tly becan~ dw and payable. withoul demand a notice. or (c) in tM ewnt each and every the itipvlatia~s, +preem~~b. conditans and coven~nts of sa;d p~omisso~y note and this mortya9e any w either are ~wl i~cy, promptly and fully paformed, d~scharyed. executsd, effeded, completed. complied w~th and ~bided by, then in eithe~ or any wch ~wnt 1M said ag yregate wm n+entioned in uid promiuay note then remaininp unpaid. ~ith interest acuued, and all naneys secured hereby. sh~ll becom~ dw and p+y- sble fathwith, w theresfte~, ~t the option of said AhORTGAGEE, u fully ~nd completely as ii •11 of the said wms of money were wi~in~lly iupulated to be pa7d on s~ch day, anythiny in sa+d prom~uwy r+ot~ or in this Mortyage to the contrary notwifhitsnding; and thereupon or thereafter at the opt~on of said MORTGAGEE, without notice or demand, suit at larr x in puity~ tFINQFOff O? tF~lfN~1N begun, may be prosecuted u if ~II moneys sewred hereby had rrNtured pr~w to iri institution. 7. TMt in the event that at the begi~ning of w at any time pe~ding sny wit upon this Mortgape, or to fwecloss it, a to reform it, a to enfwa paymcnt of any claims hereunder, s+id MORTGAGEE shall ~pply to the Court h~viny jurisd~c~~on thereof fw the +ppo~ntment of a Receiver, wch Coun ihall fwthwith sppoint a receiver of said matpsged propeAy sll and sirgular, includ~ng all and singvlar the income, prOfib, issues and r~venues from whatever soures dcrived, each and every of whith, it beinp expressly unde~stood, is hereby mortgaged as if spetifitally set fwth and dewibed in Ihe yranting and habendum clauses hcreof, ~nd such Receiver shall h~ve sll the broad and effective funct~ons and powers in anyw~se entr~sted by t Co~rt to a Receiver, and wch appoi.itmeM shall be mads by wch Court as an admitted equity and a matter of abwlute right ro said MORTGAGEE, and withoul refcrence to the adequxy a inadequacy oi the value of the p~operry mortgaged or to the sowency or insolvency of said MORTGAGOR w the d4fendann, ar+d that such rents, profiri, incorne, iuues and revenurs shall be applied by suth Receiver accordinq ro the lien a eqvity of said MORTGAGEE and the practite of such tarA. 8. To d~ly, promptly and fully perform, diuharge, execute, effect, complete, comply with and abide by esch aod every the stipulations preemenb, conditions and coverunrs in said promiuory note and this mortgage tet fwth. 9. That in the event the ownenhip of the mortgsged premises, w any pa„ thereof, becomes vested in a penon other than the MORTGAGOR, the MORTGAGEE, its succeuws and assigns, may, without noiice to the MORTGAOR, deal with such succeuor w successor in interest with reference to this mwtgage and the de~t hereby secured in the same manner as with Mortgagw without in any way vit~ating or d~sch~rg~ng the Mortgagors' liabitity herr under or upon the debt hereby secured. No tsle of the premises F~ereby mwtgagcd and no fo+bearance on the" pa~t of fhe MORTGAGEE a its successon or assigns and no exte~sion of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its succeswri or auigns, ?h~ll operate ro rdease, diuhar9e, modify change or affect the ori9inal IiabJity of the N10RiGAGOR herein, either in whok w in p~rt. 10. It is spec~iically agreed that time is of the essence of this contract a~d that no waiver of sny ebligaYwn hereunder w of the obligaYan se- cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrume~t secured herby. I1. In addition to the fwego'ng month~y payments of princ'pa! and inter.est required by the p~anissory note secured hereby, mortgagor tove~ants and agrees to pay to mortgagee with each monthly payrnent a~ addi~ional sum estimated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: - A-All real property taxes levied or assessed against the above described real estate. ~ B-Premiums on fire and windstwm insurance as herein requ~red to be carried on the improvements situate on the above desaibed premises. i C-Premiums on such mortg~:ge guaranty insu~ar~ce as mortgagee shall from time to time deem fit to carry on the losn secured hereby. ~ Mortgagee shall from time to time no~ify mortgagor in writing of the amoum due and payable hereunder and such sum shall thereupon be due and payable on the due date of the next monthly payment and each successive month thereaiter ur.til mortgagee shall notify mortgagw of a change in such j amount. 'Suth sums shall be applied by mortgag_e toward the paymeot of real proptrty faxes, insurance prem~ums, and mortgage gvaranty insurance i premiums. ~ IN WITNE55 WHEREOF, the said MORTGAGOR has hereuMO set his hand and seal the day a yesr fint sforesaid. Sipned, Seakd and deli ed in prptnce o ~ ~y ~ ~ ere~ / • iv~ ~ - - f s~ : ~n STATE OF FLORIDA ~ COUN7Y OF Sti. I~1C~@ ~ Befwe me personally appeared JO8 T• HCCi89 and ~7C~@ B• I''I~CG89 his wife, to me well known snd known to me to b~ rhe indiridwls described in s~d who execwed the foreyoirg instr~ment, ~nd acknowledped beforo me that they ex~cvled ths ssme fw the pwposes rhercio expreased. Md the sa'~ ~~9 B• HCCi89 wife of ths ssid e10@ '1' • 1'~C~'i@A ~p~ 4. ~•wt~ examin~tion by me taken sepante and spart from F~er said husband, atkrwwl~dyed ro and befwe me that the executed ssid iM .~t~ry ~ rorily and wifho~t any compulsion, corutraint, ~pprehens~ or feu of or from ber said husb~nd. _ ~ I - ='i fl; ' . WITNESS my hand snd official sea! thi. day of , - ~ ` ',0 = ~ sry Pvbtk ia ~nd w Sfit lE(aids aT Lar~ ~'v ~ M Commission ~apiras: ~ ~ ~ . ~ i' - Rlturn To: rY -9 g r.-~~, ~c~~ J w:.• ~Q•~ Fir:t faderal Savings d~ loan Auociation h~ y ' ~ ' S:, A2 j~~~, ~~p j~~~. Of fort P~erce. l.:i ..~..:I,i.=Y:`.3~'_. _ .~~.Cl~•. •,;t ~iYsltt~;~ Fort Pierce. Florida ~ ~ i ~,l , 7 J This Instrument Prepared By J. H. RObeTts~ Jr. iT lUC1E C4YNTY FLA.~ First Federal Savings b loan Association ROCER POITRAS of Fort Pierce ~ F101'ids CLERK CIRCWT COURt _ RECORD YERIFIED Checked By ~ ~ 1~ 2 S~ 111 ~ 1 Z eooK201 PA~~859 2;~7931 { ~ f i$ : _ - - - - - ~ - :F: r i . „ w.~~ y" - A ~ ~-~~.~~r3~~-xc.,,,.~^ . -