HomeMy WebLinkAbout2341 To Psx~ •~+d co~~w,w~.?i~ l~sp on ~he b~~'dop~ now a 1»~~afe~+ u~v~N on ~~~d ~u+d ~~+d on ~C PqJlw~~11 ~nd perw~~tl~ cova~d by tAi~ w~w
p~, w~th ~11 p.~mw~+~s ~he.eon pa~d ~n ivtl, 1~~~ m~„~anc• ~ ~h~ uwd ~~~rda~d po~Kr larn. ~n • sum •~Wo.rd b~ th~ N10R;G~GEE. ~~d w~~+d~ro
,~wrM+ct in ~M ~~..~1 .?•„d,.d pa~cY I~m, M•~wn ~pp.oY~d b~ ~M MOt~GAGfE, in wcA cw.~p~+y a campa~~e~ ~s U» 11RORiGAGEE T
du~c~t +M/ ~11 !w ~~d w~d~ro.~n ~nw.a~+a polKKS on My ol ~a~d bv~W~~p~, ~ny inh~~s~ ~!?ire~n a pa~ ~Ae~eof, in tM aqq~ep~t~ wm ~twt~aid
in ~aces~ ~Ausol, ~Mall con~~~n ~M wwl ~u.~d•~d mor~ppN ciavs~ a wcA a1w~ tlaus~ tM Ma~9~pt~ may ~pu.~~. m~ki~+p ~h~ ioa u~de~ ~~~d po
c~~~. each Md every. parab:e a za~d AhJRiGAGEf ~s ~tt rore~eN may ~pp~a~, ~nd eacA M+d way such po.~cr sh•tl b. promp~iy q~ed ~nd de~~Y~r~d +
~ny Mld by s~~d N?ORtGAGEf ~s (urH?a ~ecu~~ty ~o H~d mor~qp~ deW. ~nd, ew It~ ~h~a ~~n 110) dayf in adw~xa ol ~h~ •apira~~on o1 ~~ch pot~cy, ~o d
It~~r ro~ad N?OR~GAGEE a renewal therw(. ?oq~~hN wi~h • ~ec~ipl fa tM pr~mium of wch ~a+ewal; a~d rhere shRU ba no b~~ o. w~~uii~orm inwrant
pi~ced on any ol s~~d bui~d~.~pi. ~ny imerp~ ther~;e p parl 1l+Nwf, unl~u io ~M fam ~nd with IM loi~ pa~cable as ata~~aid: and in ~F,~ ~venl ~ny su~
of mon~y becor.wa payabl~ undN wch pollcy w polKie~ said MORTGAGEE ~hall haw rh~ opi~w? w nce~ve ~nd ~ppty the san~ oe+ ~ccount o( tlw indsbtrd
ness ~lttYf~ ~tfOy a ro permit said MORTGAGORS ro~eceiv~ ~r+d vN it w~ny pa~l the:eol 1or o:ncr pur~.otirs. ~•,~~hout ih:•~ ui wsr.~ n~ or nnpo~~
in~ any pu~ty, li~n w~~qh~ unde? a by virtw ol tha mor:payr, and in tM avenr sa~d MORTGAGORS sA~~l ta any reawn fail to keep the aid p«mf~rs io
insured, o? f~il 1o delrver prompUy aoy o( said polKies of i~furanc~ ro uid MORIGAGEE, or fail promptly to pay tully eny pre~~~~um ihcrefw a in a~y
respect f~;l ro pKiorm;, d~xMrge, eaecure, ~1f~ct, tomplQls, comply wirh and abid~ by this covenan~, a any par~ harwf, ~~d MORTGAGEE may pl~ce and
par fa such lnwr~nc~ o~ ~ny pa~~ ~Fkreof wi~hout waivinp or aif~ctinp any op~ion, li~n, eqv~ty. a riflM w+der w by virtw of rhii Matyage, and ~1x
full art?ount of each snd evt~y :uch payment shsll be imrnedi~tsly du~ and p~y~bb ~nd shall besr intere~~ from tM date thereof uroil paid a~ tAe ~ats ot
nine p!f CMtum pe~ annum and roge~hrr with tuch i~te~es~ shali be secured by ~he liqn of this matgpe.
I. To permif, commit or suf(er no waie, impai~ment or deterior~tion of said propKty w~~y paA thereof. j
5. To pay all ~nd s~rgutar tM costs, chuges and expenses, includinp a reason~bk ~tto~ney's fee and cosrs of abstract~ of t+Ne, Fncur.ed or pa~d a~ ~
eny time by wid MOR1GAGfF, becauu o? in the event of ~he faiiure on tM pan of el+e said MORTGAGOR ~o duly, pramptly and f~ily perform, d~xharge.
execute, e(fect, complete, comply w~~h and ab:de by each and every tAe stipul~iiona, agreeme~b, co~d~tioru, and cove~+ann oi sa'r! promissory note and rh~s
mwtga9e any w e~~he~, ~nd sa~d cosri, charsei and expenses, esch and eve~y, shall be {mmediately dve and psyable: whether or no~ there be notice de
mand, attempt to collcct or suit pend~ng; snd tM (ull smovnt of each and every s~rch p~ymenl ihall bear in:erest from ~he date tFxreof until paid at the
raie of n;ne pe~ ce~tum per am~um; a~x3 all sa~d costs, chargei and expenses incurred or paid, together'w~th such interest, shall be secured by ~he lien of thi~
morf9age. ~
6. That {s) in the event of any breach of this Mwtgsg~ w default on the part of the MORTGAGQR, d(b) in the event ~ny of said sums of money
herein roferred to be not promptly ~nd fulty paid within thirty (30) days next af~e~ the same uverally become due and payable, without demand or notice,
or (c) in tht event each and every t}K stiputations, agreemertts, condNior+s and cove~nts of sa~d promissory note and th~s mortgage any o~ eithcr sre not j
iuly, promptly and fu~ly perfwmed, dixharged, executed, effected, compkted, complied with and abided Sy, then in either w any ~uch eveM tlx said ag-
gregate wm memioned in said promissary note tlien remaining unpaid, wifh intrresl xcrued, and a11 moneys setured hereby, shall betome dve and pay-
ab~e fwthwith, w thereatter, at fhe option ol uid MORTGAGEE, u fully and comple~ely as if all of the said sums of money were aiginally st~pulated
to be paid on wch day, anything in said p~om~sswy note w in this Mortgage to the contrary notwirhstandirg; a»d thereupon or fhcreafte? at the option of
sa+d MORTGAGEE, wit)wut notice w demarid, suit at law or in equity, therefore or therea(ter begun, may be prosecuted as if all moneys secured hereby
nad matured pr~or to its institution,
7. That in tt~e event that at the beginning of p at any tirt+e pending sny suit upon this Mortgage, or to foreclose it, or to rtfam it, w to e?iforce
payment of any c!aims hereunder, said MORiGAGEE shsll apply to i~~r Court having jurisd~c~io~ thereoi fw the sppa~ntment of a Receiver, such Court shall
!~rthwith appoint a receiver of said mortgaged prope~ty all and sing~lar, includmg all and singular the income, profits, issues and revenues f~om whatever
source derived, each and every of whrch, it being expressty vnderstood, :s heieby mor?gaged as if spec~fically set iwth and desuibed in the granting and
habendum clauses hereof, ar+d such Receiver shall have all the boad and effective f~nct~ons and powers in anywise e~trusted by a Court to a Receive?, ar+d
svch appointment shall be made by such Court as an admitted equity and s matter of absolute right to uid MORTGAGEE, and without ieference to the
adequacy p inadequacy of fhe value of the proporty mwtgsged or to the soNency a insolvency ol said MORiGAGOR a the defendanq, and that such
renrs, profin, income, iuues and ~evmves shall be applied by such Receiver according to the lien or eq~ity of said MORTGAGEE and the practice of such
Court.
8. To dvty, promptly and fully perform, disclwrge, execute, effect, complete, comply with and ab~de by each arid every the stipulations, agreements,
con~+Stwro and covenams in saK! promissory note and this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part tt+ereof, betomes vested in a pcrspn qthet tlwn the MORTGAGOR, the
h10RTGAGEE, its succeuws arxl auigns, may, wfthout notice ro the MORTGAOR, deal with such successo? or successor in interest with reference to this
mortgage and the dsbt hereby secured in the same manner as with Mortgagp without in any way vitiating or discharging the Nbrtgagori liability here-
under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearanu on the part oi ~he MORTGAGEE a its successors
or assigr~s and no extcnsion ot fhe time for the payment of the debt hereby secured given by the MORTGAGEE or its svccessora or assigns, shall operate
r~ release, discharge, modify charge or affect the origi~al liability of the MORTGAGOR herei~, either in whole or in part.
10. h is spedticalty agreed ~hat time is of the essence of this co~tract and that no waiver of any obtigation hereunder or of the obligation se- ~
cured hereby shall at any time thereaftrr be held to be a wa~ver of the terms hereof or of the instrwnent secured he~by_
11_ In add~tion to the forego:ng monthly payments of princ"pal and interest required by the promiuory note secured hereby, matgagor covenants
and agreea to pay to mortgagee with each monthly payrnent an add~~ional sum est~mated by rtrortgagee to be equal to 1/12 of the annual cost of the follow-
ing:
A-A!1 real property tsxrs levied w assessed against the above described reel estate.
B-Premiums on fi~e and windstorm insurance as herein requ~red to be ca~ried on the improvert?e~ts sitvale on the above described premises_
C-Premiums o~ such mottgage guaranty ir.surance as moetgagee shall from time to •time deem fit to carry on the loan secured F~reby_
Mortgagee shaii from time to time notify mo~tgagor in writing of ihe amourtt due and payable hereundrr and such sum shall thereupon be due and _
~syable o~ tF~e due date of the next month:y payment and eath successive month thereafter urtil rtwrtgagee shall notify mortgagw of a change in such
~~~.ount_ $uch sums sh.atl be applied by mortgagee toward the payment of real property ta:es, insurance prem:ums, a~xl mortgage gua~anty inswance
premrums. ,
IN WITNESS 1NH~QC~_tha s~id INORiGAGOR has hereunto xt his hand and seal the day and year first afwesaid=
3,'
~ ~(M!'fl11C! Of: ~
~ ~ . ~ ~ ~11~ p ~ Lr? (Caan
- wi e~a.' _ : <{t , ;r-. ' `George E. Q e I ts~.q €
+t ~ (Sean
_ witntss: _ ~ 24 7Y jH Hi da A. Berner ~~a~
_ ~
STATE OF~
COUNTY OF ~ ~ ~ ~
~ r;'£ . ~ • Berner
, ~f«. Geor e B.
- . _ . - and
' his wife, to me welt known and known ro mr to be
the indiridwts desaibed in aed 1iv ezecured tF~e faegang instrumenf, ind acknow)edged before me that they executed the same for the purposes
rhe.ein e:presxd. And the sa~ Hl~ A. B@IA07C
w~le of the wid G~~lZS3@ BlIA@X upon a sepa.ate and privst~
e:aminat~on'by me taken separate snd, apart from her said husband, sdcrwwledged to and before me tFwt sf~e executed said imtrurn~nt ireely and vofurr
rar:ly and witlwut any compulsion, const~aint, tppreheraion..p~fear of or from her said husband.
WITNESS my hand and official seal this e~ y~~~~ clay of A r il A, D. 19 72 ~
~ ~ :
• • ~
STATE ~F F L O R I DA. E~pQ R~ a~ Nofsry Public in . ~ e , u~~ '
: i r DOCIlMEN~A°" STAMP TAX t£ 6P~Q~~~Y~~. lJ~ N?y eomm,ss~on e• ~s: p',~.'i~0
~ ~ ~ - - rd M`•' = l K ~ 'U13 ~ 1 ~ THEODORE J. HAYDR ..?`t~.~,! ;
~ ^ k1128`I2 = ~ ~
_ - 6E~4 +?E~~~~Eo~ Ifot~ry Pu6fic. Hiron Coc?nry Oha .~c~ ?''~x'"?':'~~~~~
_ - I 500^ ~
~ nc~r.o~ etrtie~t~ • - : ~ ~ ` p Np Ca~unrssicn Expires Jan. 8,197~. = '
P.&~*o~~s 1~ ~ / ~ A .
. - _ ' ;
. :
_ ,
. . : ,
.
This Instrument Prepared By : John W. Co2lins f.=,~:~
First Federal Savi~gs ~ Loan Association ,`~4~:~?,: ~
of Fort Pierce ~ Florida 33450 RE~ -
OUE p~ s--~ o a
Checked By PU~t~ 1Nt~
e~: .
TO CE t~ , !,•~q
C! ~E~'PoIT ' ~CTS ~ j r,
R ~IR CpURt. ST. ~CIE (,b~
. s ~ ~
_ _
~ : ~4 s,~ t-~. ~ ='r,-~~:.
~ 3
~~YE ; . -