HomeMy WebLinkAbout1867 To pl~a ~~+d cau+nuo~~r ?e~P on ~h~ bu~~d~nps oow a h«..f~.. aw.M on u~d ?.nd .~d on •u equ~ne~~ .nd p..w~+a~~r cow..d b~ ~M. Ta
p~. w.~h a~~ a.~w+a MN~on p+~d 'u+ (uil. tu~ insw~~c~ ~n ~M vwd ~~«dMd poiK~ fwn?. 4+ •~um •pwowd b~ dv MORiGAGEE. ~•+d w~rd~ro
wrw~+a in tM v~wl ~~~nd++d pot~cy larn, in • sum approwd bY tM MORT~/1GEE. In wcA canpanY w ca^Mnie~ ~?w IMORiGAGEE n~
~fKlj N1d ~ ~ilf Nla Wif~slW/n M~WrM~q PaKN! On N1y O~ Nid builf~~~f. M1y in1N~f1 IhMi~n W p1r1 thHf01, 111 (1N ~QQreQltf WT ~IWtfaid
In ~aces~ tlw.wl, ahall comain tM wwl ~~anda.d ma~ppN c1auN w wch o~iwr Nws~ ~s tM Ma~ppk m~~ requ.r~. ~n+?inp ~M to?~ ~rnla ~•d po
ciN. tacA ~nd ~very. WY~b4 w wd MORTGAGEE n~ts imerat may app~+r. u+d ~ach and ~vt~y tiuch poi~q shd~ b~ pomptly ~s~yned a~~d detwaed ~
~ny heW by said MORIGAGEE ~s fwthN tecwity to s~id mor~y+y~ d~bt, a~+d, no~ I~a ~Mn ~M (101 d~ys in ady+nc~ of the •apirata~ of ~Kh pO1Ky. ~o d~
I~vN ~o s~id MORTGAGEE a~enewal thereof, top~d+N witA •~ece~pt fw tM pr~miwn of tuch r~newal; ~nd ~her~ ~MII b~ no f.r~ o~ w~~~am i~sur~nc
pl~ad on ~ny of said bvildmys, any inter~tt ther~m p pat ~hKeoi. w+1~u ie ~h~ form ~nd w~+h ~M lou parabN a~ afa~sa~d: ~nd i~+ ~M ewn~ any wn
of ewn~y becomes par+bl~ u~d~. wch policy a polKKa s.id MORiGAGEE shall Mv~ ~Fw opi~on ro rece~vs •~d ~ppty ~he sam~ a? •ccou~~ o( tM indeb~ed
neu secur~d hereby a w pamit uid MORiGAGORS to receiw and us~ h a any put thereol fo~ otner pur~,oses. w~~ho~1 ~hc.~o~ wa~~~:*~ o~ ~~~~P~i•
inp any pvity, liee w rigM unde~ w by virtw of ~his ma tpa~; ~~d in th~ ~vent sa~d MORTGAGORS shall fw any reason fail to keep the sa~d pr~n+i~es su
insured. a iail to dtlivK promptly ~ny o( uid polKies of inivra~c~ to said MORTGAGEE, w fail promptly fo pay luily a~y premium the~efw a in anY
~espett tail to per(ain, d~uh+rge, executs, ~f(ect, complete, comply wirh ~nd sbid~ by this covenanl, a+ny part hereot, s~id MORiGAGEE may p~Ke a~d
paY fa such insuranc~ «~~y pa~t tF+Keof w~~hout waivinp or ~f(ectinp ~~r op~ion, liH+, equ~~y, or riyht under w by virew of thii Ma~y+4e. ar+J the
(ull arnount oi eath u+d ~wry t~xM~ p+ym.~n: :1?all be immed~ately du~ aed p~yabb ~nd shsll bear interest f~om tFw dete thereof until paid a~ tM rate ol
nirw per cenrum. pe~ annum and ra~Nher wiih such interes~ thali be secured by tFN li~n of this matps~e.
t. To pe?mir, convnit or wffa ~o wate. impairment a dete~iaation of taid property a any pa?t thereof. .
5. To pay all and sinpulu ?he coats, charyes and expenses. indud~n~ a reasonable attorney i fee and costs of abstratts of tltte, incur~ed w paid at
any time by sa~d MORTGAGEE, because w in the tve~t of the (ailure on 1he part of ~he said MORTGAGOR to duly, promptly ar?d fufly perform, d~xhargs.
execute, effecL complete, comply w~th and ab:de by each ~nd every the stipulations, agreements, condi~ions, and covenants of said promiuory note and thit
mwtgape any or either. and taid costs. chuges and expenses. esch and evary. sMll be immediately due and payabte: whether a not ther~ be noricc da
rt,and, ~ttempt to cotfeN or wit pend~ny; ud tha full amovM of each and rvery s~ch payme~l shall beu interesf from ~he date thereof umil p~id at the
rate o~ ni~e per centum per annum; and all uid costs, chargei and expenses int~rred or paid, togelher w~th such inte~est, ihall be setured by the tien of thii
mortgag~.
6. That (a) in the event of any breach of this Mortgage or default on the part of the MORTGAGOR, a(b) in the event any of said ~ums of maay
hercin referred ro be not promptly and fully psid within thirty (30) days r+ext after the same severatly become due and payable, withou~ demand w notice,
or W in the event each and every the stipulations, ag~ee+nentt, conditions and coven~nts of sa+d promissory note and th~s mwtyaye any o~ either src not
iuty, promptly ~~d fully paformed, dixharged, executed, effected, compkted, complied with and abided Sy, then in eithe~ ot any such event 1he said sg
gregate wm mentioned in said promissory no~e then remainir?g unpaid, with imerest acuued, and all moneys set~red hereby, shall become due and pay-
able fwthwith, o~ thereafter, at the option of said MORTGAGEE, as fully and comple~ely as if all of the said sums of money were a~ginally sGpulated
to be paid on svch day; anythirg in said promissory note or in this Nbrtgage to the contrary notwithstanding; and thereupon w thereafter ~t the option of
said MORTGAGEE, without eotice or dcmand, suit at law or in equity, therefore a thereafter begun, may be proxcuted as if all moneys setured hereby
had matu~ed prwr to its institution.
7. That in the event that et the beginnirg of o? at a~y time pending-any suit upon this Mortgage, or to foreclose it, or to refam it, w ro enforce
payment of any daims he?eunder, said MORTGAGEE shall apply to the Gourt hsving jurisdiction thereof for the appointment of a Receiver, such Court shall
fofthwith appoiM a receive~ of said mortgsged property all and singular, incl~d~ng all and si~gular the ir~come, profits, issues and revenues from whatever
source derived, eath and every of which, it being exprassly und~rstood, is hereby mwtgaged as if specifically set forth and desuibed in the granting and
habendum clavses hereof, and such Receive: shall have all the lxoad and effecrive funct~ons and powe~s in anywise entrusted by a Court to a Reteiver, and
such appointment shatl be made by such ~qurt as an admitted equity and a matter of absoluie right to said MORTGAGEE, and without re(erence to the
edequacy or inadequacy of the value oi the p?operty mwtgaged w to the so~vency or insolvency of said MORTGAGOR w the deiendants, and that •such
rents, profits, incane, iuues and revenues shall be applied by such Receiver according to the lien or equity of said MORTGAGEE and the practice of such
CouA.
8. To d~ly, promptly snd fully perfam, discharge, execvte, effed, complete, cort+ply with and abide by each and every fhe stipuktwns, sgreements,
conditwm and covenants in said promiuwy note and this mortgage set fwth.
9. That in the event the ownership of the mortgaged premises, w any paA thereof, becomes vested in°a perwn other than the MORTGAGOR, the
MORTGAGEE, its succeuon and assigns, msy, without notice fo the MORTGAOR, desl with such succeuor w successor in iMerest with referlnce to thia
mortg~ge and the debt hcreby secvred in the same manner as with Nlortgagor without in sny wsy vitiatinp p? distturgirg tiw~ Mottyagors' iiabiliry herr
u~der or upon the debt hereby xcured. No sale of the Fremixs hereby mwtgaged snd rw fabearance on the part of the MORTGAGEE w its successors
or assigrn and no extension of the time for the paymeM of the debt hereby secu?ed given by the IVM1ORTGAGEE or its successors or auigns, shall operate
ro release, discharge, modify thange or affect the wiginal liability of the MORTGAGOR here'u~, either in wAde o? in p~rt.
10. It is specifically agreed that time is of the eue~ce of this contract aod that no waiver of any obligation hereunder w of the obligaYan sr
cured hereby shall at any time thereafta be held to be a waiver of the terms hereof w of the instrumeM secured herby. -
11. In add~tion to the forego:rn~ monthly payments of princ'pal and interest requ~red by the promissory note secured hereby, mortgagor tovenants
and agrees to pay to mortgagee vvifh each monthly payrnent an add~iro~al sum estimated by mortgagee to be equal to 1/12 of the annual cosl of the follow-
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A-All real property taxes levied w assessed against the above described rzal estate.
B-P~emiums on fire ar?d windstwm insurance as herein requ~red to be carried on the improvements situate on the sbove desuibed premises.
~I C-Premiums on such mortgage 9uaranty insurance as mortgagee shall from time to time deem fit to carry on the loan secured hereby.
~ Mortgagee shall from time to time notify mortgagor in w~iting of the amount due and payable hereunde? and such sum shall thereupon be due a~d
~ payable on the due date of the next monthly paymeM and each successive month thereafter urtil mort all notify roortgagor of a change in such
k amount. Such sums shail be applied by mortgagee toward the payment of real property taxes, insur e pre :ums, and mortgage guaranty insurance
~ premiumi. ~
IN WITNESS WHEREOF, the uid 1NORTGAGOR has hereunto set his hand and seat the d~i a ar ' t af "
~ Sigoed, Seakd and delivered in the prexnce of: ~
R . . Ad1c,iA5 ' ary
~ (~l !t Q ~ ~
, rriane Adkins ~aq
STATE Of fIORtDA ~
55.
couN~v oF St. Lucie
. eefwe me perwrwlly appeared R. A. AdklflS e~
Lorraine Adkins r?~ W~r~, to me well known snd known to me fo be
the individwb desvibed in and who executed the fweqoirg instrunxnt, and ack~wwledged befote me that they e:ecufed the ssme for the purposes
thereie ~xa~d. n~a *r~ ~~a L-~rraine Adkins
wife of the said R. A. A~C1AS upon a separate'ind ~at~
examination by me taken separate and apaA from her said husband, ackrawledged to and befwe me that she executed said instr ~and . w~-'
rarily and without any compulsion, constraint, appre +on, a~ fear of or from her said husbsnd. • ~
r
WITNESS my hand and official seal this 4 day of A ril p,.~{1~,;'
c
ota Public in snd for he State_ af JFTa~fi~ N-Lar f••:"
~ . • - ' - -
y Commiuion expires: . ' • :
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Return To: - ~a ~ ~,=x=~;: _
Firtf Federal Savings 3 loan Assotiation '-~~-~'Y >L.'`-'-_~- i:F t L"`.'?QA .
Of Forf Pierce. !AY : 'v • f ~ ~ : ~ ` u_ .
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~i~ T~;e~L. +fr:,.•..,iyi ~'..G 1i~1~ILt{~~.~T 1 t~~ Yl ~'t~
~ Fort Pierce, Florida ~
~ 1' ).J~ , .
This Instrument Prepared By : John W. ColliIIS ~~~0g1LE~ _
First Federal ofVFort P e cq~n F1oZi tds 33450 ~~~L~
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