HomeMy WebLinkAbout2020 To pt.c~ a~d co~uwwov~t~ ?e.p on eM b~~:d„~p~ ~ww a Mr••h.? wru•h on ~.~d i.nd •~sd on eqv+Qn~.e~ .nd p..•o~+.~~~ cowr.d0~ ~Ai~ n~or
~p~, w~tA ~U pr~wry ~I,~?~on pa,d ;n lutl, hre cnw~~nc~ w+ ~M wual s~~rdud po~KY fpm, in ~?ww ~ppro.~d btr tM MOtiGAGEE, snd wind~a
in~w~nc~ in tM vwal ~~~~+d~.d po1,q fam. in • wrn ~ppowd by ~M MO~TGAGfE. In wcA comp~ny a sompar~i~a ~s tM MORiGAGEE w~ •
dir~c~j ~nd ~II fir~ ~~d wind~twin ~nwr~:+c~ potici~~ on ~ny ot s+~d bui~du+p~. ~nY InNr~st M~~~n a pa~ tF+~.~of, in ~M ppreyaM wm ~fa~id
~ac~ tAenol, sAall comain ~M uswl u~ndud ma~QapM cl~u~e a s„cA aM. daw~ a ~M Ma~ppee nwy rpu~~~. nw?in0 rM Ia~ w~dK u~d po
cKS. t~d~ ~nd ove~y. par.bw ro uid MORIGAGfE ~s ln in~aes~ may app~ar, and tath ~nd ~very ~vtA pol;cy tiMll b~ promp~ly ~a prwd ~nd dtlivN~d +
~ny Mld by s~~d MORtGAGEE as IwtAN sec~rity 1o Nid mat9ps d~W. ~nd, ea ku tMe Nn (101 days in ~dv~na of tM ~apir~lip? of e~ch policy, ro d~
liwr b wid N10RTGAGfE ~~~wal ti+~rwi, toq~thK wirA ~ r~ipt fa tM pr~miun~ o) such rMewd; and tMr~ ah~~l b~ no f~~e w windsewm incwu+c
p~~ad on ~ny of s~id buildi~pi. ~ny in~c~~q N~r~;e or part ~F+Kwf. vnless i~ ~h~ iwm ~nd with tM bu p~y~b1~ as ~f«~said~ ani! ie ~M ~wnt ~oy sue
of nqn~y bscomp payabl~ u~ such policy or po1K;~s tiaid MORTGAGEE ~hall Mw ~M opt~on to receiw a~d ~ly tM san~ on accovnt ol tM ir~bfsd
neu sscwed hN~by a M+ ~mft said MQRTGAGORS ro recciw and us~ It p~ny pa~f ~hereof la mher purposes, w~iho.,t fhe.eo~ w~ivi~~~ or ~mpi~r
iny +ny puity, li~n a ri9ht ~nder p by vir~w of this m~t~a~r, and in tM ~vMt t~~d MORTGAGQRS th+q fp ~~y .~awn fail to k~ep ~he ~aid pr~mises w
ins~red, a fail 1o d~tiv~? pranptiy ~ny o/ said policies of i~wranct to ~aid N10RTGAGEE, a fiil promptty to pay fulty ~ny prsmivm ther~fp p in any
.e~p~et f~il b pNlam, dischuq~, execvt~, tff~ct, complNe, comply wi~h ~nd ~bid~ by this cova?+n~, or ~ny pu~ he«of, s~id MORTGAGEE may pl~p and
pay fa suth inwranc~ o~ u~y part thereof witAout waivirg or ~ffecttnp ~ny option. ii~n, puity, or riqht undN or by vi~tw oi tF~ii Matpap~, ind ths
full anaunt of *ach and ~wry :uch payment shall be imrnecifatrly dw, and p~yabl~ and shall bNr intKKt from tM~ daN theraof u~til paid at tM rate ol
nins pN ~yntwn p~r ~nnum and ~oge~her with iuch i~teres~ shali be secured by th~ IiK? of th~s mat~ap~.
1. To permit, commit w ~uffer no wute, impairment a deterioration of said properly a any pu1 the~wf. .
S. To pay all snd unpulu ths cosq. cFwrpes and expenscs, i~ciuding ~ reasonable attaney i fe~ and cos?t of abs:.acrs of titl~, irxvrred w p~~d s~
any time by wid MORiGAGEE, beceuse w in the eve.,~ of ~he f~iluro on ~hs p~n of ~h. s~id MORTGAGOR ro du1y, promptly ~nd fully pe~tam, dixhar9e
execute. effect. complet~. comply with and ab~ds by ~xh and every the stipulatio~s. ag~eements. condifiau. and oovenanq of s~id prpniuory nofe and thii
mortgage anr or eirAer. and ~a~d cosb. cMrqes +~d expenses, each ~nd every, shall b~ immediately dw a~ payaWe; wl+ether or ~ot there be notice da
ma~d, anempt to colkct a wi1 pending; a+~d tha iull wraunt of each ~na e~ary such p~ymem ~II b~ar infcresf from the date thereof umil paid st tf+e
ra~e of nine per centum per aruwm; and all iaid costi, charges and expenses incvrred or paid, togetF~ w;th s~ch interest, shall b~ s~cured by ~he lien of thu
mort9a9e. -
6. That (a) in the event of a~y brexh of this Mortgage w default on the part oi the MORTGAGOR, o? (b) in the event any of said wms of money
herein referred to be not promptly a~d fully psid within ihirty (30) days rKxt afrer the sams severalty become due and payable, without demand o~ notice,
or (c~ in the event each and every the stipulatiau, sgreements, co~ditio~s and covenanb of s+~d promiuory note and th~~ mortga~e any w either are nw
iuly, promptly and fully performed, d~scharged. exec~ted, effected, tompleted, complied with s~d abided by, then in either o? any such ewnt tAe said ag
gregate wm mentioned in aaid promissory note fhen remaininp unpaid, with interest atuued, and all moneys secu~td hereby, shatl become due and pay-
able fwthwith, a there+ffer, at ~he option of said AhORTGAGEE, ss fully ~nd completely as if all of the said wms of money vvere wiginally stipulated
to be paid on such day, a~ythinp in ssid promiuory ~?ote w in this Mortgage fo the contrary notw;thstanding; and lhereupon or thereafter at the option of
said MORTGAGEE, without notke w demand, wit at law w in eq~ity, therefore or thereaftcr begun, may be prosecuted as if sll nwneys secured hereby
had matured pnw to its institvtion.
7. Thaf in the event that at the beginn;ng of or ~f any fime pending any suit ~pon this Mortgage, or ro foreclate if, or to refwm it, or fo enforts
paynx~t of a~y claims hereunder, said MORTGAGEE shall apply to the Court having jurisdiUion thereof fw the appointmeN of • Reteiver, svch Courf shall
forthwith appoint a recciver of said mwtgaged property all a~d singular, includ~ng all and singutar the income, profits, .issues and revenues irom whateve?
source derived, each and every of which, if being expressly unikrstood, is hereby matgaged u if specifically set forth a~d described in the yraMing and
habendum cla~aes hereof, and such Receiver shall have all the broad and effective functtons and powvs in anywise entrusted by ~ Co~rt io ~ Reteiver, end
such appointment shall be made by such Court as an admined equity and a matttr of absolute right to iaid MORiGAGEE, and witbou! reference to the
edequacy or inadequacy of the value of the property mortga9ed or to the sotvency or ;nsulvency of said INORTGAGpR or ihe defendann, a~d that such
renn, profits, income, iuves and reve~ues shall be applied by such Receiver according to the (ien or equity of:said N{pRTGAGEE snd the practioe of such '
CouA.
8. To dvly, promptly and fully perfwm, diuharge, execWe, effetl, complete, comply with and ab'~ by eath ansl every the itip~lafions, agreements,
conditions and covenants in said promissory note and this mortgage set forth.
9. That in the evem the ownenhip of the mortgaged prerr,;ses, or any part thereof, becomes vested in a person other thsn the MORTGAGOR, the
MORTGAGEE, in succeuors and sssigns, may, without ratice to the MORTGAOR, deal with such successor or wccesso~ in interest with refcre~ce to this
mortgage and the debt hereby setured in the wme man~er as with Mwtgsgor without in any way vitiatin9 a d~scF?argi~g the Mongagon' liability hera
under w ~pon the dcbt hereby secured. No sate of tF~e premises hereby mortgaged a~rd no forbea~snce on the pan oi the MORTGAGEE or its successors
or auigns and na extension of the time for the payment of the debt here6y secured given by the MORTGAGEE or iti successors w auigna, shall operate
to rckase, discharye, aadify change pr affect the original liabitiq of the MORTGAGOR herein, either in whok ot in part.
10. It is spec7fically agrced that time is of the essence of this co~tract and that no waiver of any obligation F~erevnder o~ of the obligition se-
cvred Ixreby shall at any time thereafter be held to kx a waiver of the te~ms FKreof w of the imtrument setured herby. -
11. In add~tion to the forego:ng monthly payments of princ"pal and interest required by the promissory note secured hereby, mortgagor tovenanh
and agrees to pay to mortgagee with each monthly payrnent an add~rional sum est~mated by matgagee to be equal to i/12 of the annual cost of the folbw-
ing:
A-All real properfy taxes levied w assessed against the above desc.ibed real estate. -
B-Premiums on fire and windstorm insurance as he~ein requ~red to be carried o~ the improveme.~ts situate on the above desuibed premises.
C-Premiums on such mortgage 9uaranty insurance as rtwrtgagee shall from time fo time deem fit fo carry on the ban secured hereby,
Mortgagee shall from time to time norify mortgagor in writing of the- amount due and payable hereu~der and such sum shall the~eupon be due and
Fayable on the due date of the next month!y payment and each successive month thereafter until m«tqagee sfiall notify mortgagbr of a change in s~xh_
amount_ Such sums shall be applied by mortgagee toward the paymenf of real property tsxes, insurante prem:~::?s, and mortgaqe gua~anty inwtance
,~r2miums.
WITNESS WHEREOF, the said MORTGAGOR has he eunto set his hand and seal the day and year first a4oresaid_
S' n Sealed ;nd de ' r in the p sence of:
n
O L M adal e Ya er ~
t
. - ~Se+O
SiATE OF FLORIDA ~
St. Lucie ~
COUNTY OF
Before me perso~ally sppeared Ma?dalvnne Yaaerlener, a sinale ~dUlt
~
' Fdsadflr, to welt known snd known to me to bs
the individwl~ described in and who execvted the fwegoiny insfrument, and acknowled9ed be{ore me that ~exacuted the ssme for the pvrpeses
~ rherein expressed. ~?1~~~s~
~aif~~tahi~sl~
es~esuti~s~ss3akas~qssf~ao~ap~~~rorsi~s~si~~ad~s~a~~lt~Ipiikst~111GiR~A1~A11bINfIR~ii~~ ~
' ~iribcsd~bootaa~~al~IaoGsm~a~w- ~cef~cl+w~C~s~NplY~iud. sF:~'-
WITNESS my hsnd and official seal thii ~ day of A ril ~ ti~ ;;Z
<< i .
1
Nota Publit in a~d for t Stat of.flqridL:It l.~rpe ~
~ - : ~
My ion e~cpires: . ' .
Retvm Ta. " • • ! ; - ` -
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fint Feder~l Savings 3 losn Aswciation ; L i t+: : s F i:: r r`L~_ ~~tF.K-1~t -J ~
~ ~ :.v
rr •-it~ . !7
Of Fort P~erce. . : e : ~
Fort Pierce. Florida '.•"L~ _..i'.2i~,4~. Q ~
~ . ' / ~!~'titri~~~{ ~ •`~~•i •
~ ~ . "
~ , y / ~EO RNa a~c~~~
This Instrument Prepared By Wm. E. Biaun ~~,~~CIE COWI
First Federal Savings b Loan Association Rp~Ep i0~1RAS
of Fort Pierce , Rlor ida CLERK C~RCUIT COUItt
Checked By NECORD YEa~~~EO
~ ~E~$ ~R ~j 2 3g ~'~Z
; ~ 228039
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