HomeMy WebLinkAbout2357 7. To p1~c~ •nJ cau~rwov~ly te~p on rM !w~ d.no~ now a h~.~aF~« M~wf~ on ~s~d f~nd ~r+d on ~it eQ~:p,.~~ ud penpn~ll~ ~pv~e~ by tAi~ wwr
•p~, wi~h ~tl p~mlwns ~herta? p~~d u? Ivll, lu• ie~~w~nc~ M e!v vswl s~u,dwd pot~c~ lae~, in ~ w~w ppowd b~ Nv MOtIGAGEE. a~d wa~dNO ~
~nawae+c~ in rM u~wl ~~~nda+d p~~y ta~~. in ~~wn appoY~d Oy rM MOtTGACiEE. in wsA tonpN+r a w~p~n»s M ~1v MORIGAGEE rw
dw~c4 u+d ~11 f~~ ~nd w~ndsw.~n ~nwr~~w pdrc»a on ~ny oi N~d bw~d~np1. ~ny co1~.~s~ ~M.~w+ w pul tM.tal. in ~M ~pp~pa+e w~n ~fa~M~A
in ~ac~ss ~Aer~o(, sMll con~~in ~h~ vwal a+~nd~rd nw~~9W~e clww a~uel~ alN. Nwf~ ~a ~M Mar9~ m~~ rpur~. ~w?inp eM ~aa ~+nd~r u~d po
ct~s. NcA ~nd ~vMy. Wv~bte ro w~d MORTGAGEE ~s ~q ~mernt :nar ~Pp~+r. ~nd e~ch ~nd ~ve?y tivch po~Ky duU b~ promptly ~upned ~rd dN:Ye~ed ~
•n~ hdd by sa~d N~2Gl?GEE ~s (wdw ~ecur~ty ~o a~;d ew.~9p~ deb~. ~nd. ow I~u tl+ae he~ 1101 dayt in adv~nu of tla ~apk~tan of e~ch po1K~. ~o d
liv« b wid N10RTGAGEE • renewai tM~eof, roq~~lwr with e r~ce~pt fw eh~ p~nuwn o) wcl~ r~nswat; ar?d ~her~ ~F~ail b~ no fK~ a wind++a~* insuranc
a~•c.d a+ .~y of sad b~~~d;~q~, a„~ ~~K.u ~n...~ w part tM.~of. u++less ~n tM to+ee ~nd wi~l~ M~ bss p+r•bN u~fwr~.~d: •~d ~M ew~~ •~y w~+
of aqn~y becpry~ p~yabk v~ wch policy w poiKits sa~t) MQRTGAGEE ~hall haw ~M optwn ~o ?eceiw ar+d appl~ t1x wme on ~ccount oi ~M i~dsbr~d
ness tecur~d h~r~bJi or p pe~mit sa;d MORTGAG08S to reuivt u+~l us~ it o~ any parl ~hereol Iw oeher pw4wset, w~~hout ~h.•.o~ wal~in~ a~,~~po~.
~nq any pv~ry, IiM w rqht v~de~ w by virrw of ~his mo:tqyr, and in tiw ~venr ~a~d MORTGAGORS shalf (a ~ny r~awn f~i~ to kkp ths s~~d pr«nises ~o
insu.ed. a(ail b~!ivp pron+ptty ~ny o/ ssid pot~cies pf irourantt to s~+d MOATGAGEE, p fail prompfly to pay fulty ~ny p?emium the«fa a i~ an~
respact t~il b pafpm, diuha.y~; eYx~t~, ~if~ct, comptet~, comply wi~h ~nd ~bidt by Mis covenam, p~ny pa.t h~rwf, said MORTGAGEE may place and
pay tor such irauranc~ a any pa~t fher~of without waivinp a~(f~cfinp ~ny optan, IiM, pvify. or ~pht undt~ a bY virtv~ ol this Mortp~, ~nd the
f~ll arnovnt ol each a~d ~vay wth paymsr?t SFNII bf i1MfldNltly dVf a11d ~fiyaW~ and shalt b~sr intar~s~ from th~ dat~ thcreof v~iil paid ~t the ra~~ o!
nine paI CMfWf1 p~r ~~num and togethe~ with such ime~est shall be secvnd 6y th~ litn o/ this mortpape.
To pamit, oomnit w suFier no waste, impairm~M p deteriwation of ~aid property or any part tMreof.
S. To pay ~II ~nd sinp~lu tl+e co~n, chupes a~+d eapenses, i~ctudinp a reasonebk attorney'~ hs and cos» of abstracts of titte, incuned a.pa~d at
any time by iaid MORTGAGfE. bKause w in the evenl of the failure on 1M p+rt of the said MORTGAGOR to duly, prompfly and fully p~rform, d~xhsrge.
execvte, effed, comple~~, comply wnh ~nd ab;de by ~ach a~d every tl+e stipulations, agreements, conditions, ~nd oove~anK of sa+d p.omiswry no~e ind ~hu
mwtgape any o~ arhtr. ud aid cosM, cluryes ar~ expenses, each and ~very, sl+all bs irnmediately du~ and paysble: whether w not there be notice d~
mend, ~trempt ro collect a wit pend~rg; a~d ~M tull amount of each ~nd every wch paymeof shall bea. iMersst fran the dat~ thereof umil paid ~I ~he
rate of nine per centum per annum; and alt said costs, charges and expenus incvrted w paid, together w~th suth interest, ihall b~ setuted by tht lien of thif
morty~. ' -
6. TMt (a) i~ the event of any breach of this Mortgsge a defavU o~ the part of the MORTGAGOR~ or (b) in tt+e went any of said tum~ of money ~
herein refarred to be ral promptly snd fully p~id within thirty (30) days ~exr after fhe tame seveaalfy become dus ~nd payable, without dert+and a ~otice. .
a~ W in ths event each snd every the stipulatio~s, agreements, condctions and coven~nts of ss;d promiuwy eate +~d th~s matpape ~ny w either are not
iuly, promptly and fully pafwmed. dixharged. executed, effected, completed. complied with and sbided by, theo in sither or any such evertt the stid a¢
gregate wm menrioned in taid promiuory oote •then remain;ng unpaid, with imerest acuued, and all moneyi secvred I+ereby. sMll becw~r due and pay~
ab~e fwthwith, a thereafter, at the optioe of said MORTGAGEE, as fu11y and completely a: if all of the said sums oi mawy were or:~inally pip~rtated
ro be paid on such day, anything in said promissory ~ote w in this Mortgage to tt~e conrrary notwithstanding;' and thereupon w thereahe~ at the option of
said MORTGACsEE, without notice or demand, suit at law w in equity, therefore or thereafier begun, may be prosecuted u if all ma~eys setvred hereby
nad matured pnw to its iMfitution.
7. That in the eveM that at the beginning of w af any time per~ding any suit upon this Mrtqage, or tu foietloie it or to roform it or to enforp
payment of any claims hc?cunder, said MORTGAGEE shall apply to the Court havir+g jurisdiction thereof for the appoiMm~r:t of a Receiver, wd~ Cou~1 shall
forthwith appoint a reteiver of sa~d mortgaged propeny all and singular, includ~ng all ~nd singulsr the intome, proiits, issues and ravenves from whatever
source deri•ed, each and every of which, et being e~epiessly understood, is hereby mot~gaged as if specNicatly set fwth ~nd dewibed in the ~r~nting and
habendum ctavaes hereof, and such Receiver shall have all the broad and effective f~nchons and powers in anywi:e entrusted by a Court to a Receiver, and
wch appointrtMro shatl be made by such Court as an admitted equiry sn=1 a matter of absolute right fo ss;d MORiGAGEE, and without referente to ths
adequacy a inadeqwcy of fhe value of the property mortgaged or fo the soive~cy or insolvency ot said N10RTGAGOR o~ the defe~dants, and thaf sucM
rents, profin, income, issues and revenues shall be applied by suth Reteiver according to the iien or equity of taid MORTGAGEf and the.p~actice of sutA
Co~A.
8. To duly, promptly and fully perform, dischsrge, exccute, effect, complete, comply w~th and sbide by each and every tFa .stipulations, ayreement:,
conditrons and covenants in said promissory note and this mortgage set fwth_ .
9. That in the event the ownership of the mort9aged premises, a any paA thereof, becomes vested in a penon ofher than the MORIGAGOR, ths
MORTGAGEE, irs successors and auig~n, msy, withouf nofice to the MORTGAOR, deal with :uch successor or successor i~ interesl with referonce to this
mortgsge and the debt hereby setured in fhe same manner as with Mortgagor without in any way vituting o? dixha~ging tF~e Mortgagpn' tisbilify htre-
under a upon the debt hereby secured. No ssle of the premises hereby mortgaged and no forbearance on the part oF the MORTGAGEE or its suctessors
or assigns and•no extension of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, shall operate
ro release, d~scharge, modify chsnge or affect the wginal liabdity of the MORTGAGOR he~ein, either in whole or in put.
10. It is specifically agreed that time is of the cssence of this contract and that no waFver of any obligs~ion hereundeF or of the.obliyation st '
cured hereby ahall at any time thereafte~ be held to be a waiver of the terms hereof or of the instrumeM secured herby.
11. 1~ add~tio~ to the forego:ng monthly payman~s of princ'pal and interest required by the prom~uwy ~ote secured hereby, mortgagor covenants
ar,d agrees to pay to mortgagee with each monthly payrnent an add~~ionai sum estimated by mortgagee to be equal to 1/12 of the annual cost of 1Me follow-
ing: '
A-All real properfy taxcK (evied or auessed against the above desc~ibed real estata
B-Prrmiums on iire and windstwm insurar,ce as herein requ:red to be ca~ried on the improveme~ts situate o~ the sbove described premises.
C-Premiums on such mortgage gua~anfy insurar,ce as mongagee shalt from time to tirne deem fit to carry on the loa~ secu?ed I+ereby.
Mortgagee sfiall from time to time rrotify mortgagor en writing of the amount due and payable hereunder ~nd such wm shalf thereupon lSe due and
~ayable on the due date of the next manth!y payment and each successive month thereafter ur,til mortgager shall notify mortgsgw of a chsnge in such
a~ount. Such sums sFall be applied by mortgagee towa~d the paymem of real property fazes, irtsurante p?em:ums, and morlgage gwranty insura~ce
~~emium3. '
IN WITNESS 1NHEREOF, the said RTGAGOR has hereunto set his hand and sea) 1Fx day s~d yesr fint sforessid.
Signed, Sealed and delivered in prexnce
~ n
H o alter - p
n
_ rna Walter ~e,~
STATE OF fIORlDA ~
~ couNtir oF _ St . Luc ie '
Befae me y~ H G. Walter ~
pe~sonall a ared t~~ ~
' Sraa Walter
his wiie, ro me welt known ~nd kraxm b r+~s b be
' rhe ind'widwla described in and who executed the foregoinp instrurr~t, and acknowledged lxfwe me tMat they exen,ted ths sams f11~ pMtposes
Brna walter ~ - - j ~
~herein expressed. Md ths sai~ {
wife of th! said H_~~~~Walt~r + uP~k ii r i
e¦aminstion by me tsken separate and apan from he~ uid husband, atknowledged to ~od befwe me thst ~he executad sa' i h,
~a~+~':.i:
rar;Iy and withovt sny compulsion, constraint, appre a feu of or from her ssid husband. ~ j ~ f~},. V. . ;
?YI7NESS my Iwnd and offitial seal thi • day of A= il ~ '-~jq
_ ~ :
~
sry Pvbl'~c ir~ ~nd f St~t%ai'F~p~~a ~I~ra..•'~v -
M Conunission ~xpir , 1 " , ~ .
' Retum 70: t'.:
F~nr Federal Ssvin~a 3 loan Associat~on NOTARY PUB[ tC ST~Tf' f`f FLORIDA AT [A~
MY CC.'n :~iS~tL~N cXPiit~: ; t%-.,? 2, 1975 _
of Fwt P~erce. GtNERAL ft:i;irZ'~idCE U~`iUtFiWR17ERS. INC.
Fort ~ierce, Flwida
fIlEO AND HECOROtO
This Instrument Prepared By ~ J. H. Roberts~ ,Jr. tT.LUCtE COUNtY fU.
, First Federal Savi s d~ Loan Association ROGEF ?OtTRAS L ,
^g CLERK CtRCWt COURT'~ ;
of Fort Pierce , Flon da ~Er,pR~ YEA=i~EO...~..~-. ~
~ ?
Checked By . ~t 12 ao PH ~ i Z ~
~ ~ P~Cf ~t~ ~ I~ri~~VV4
l ~
~ •
~
~~«~g"~z ~ ~ ~ ' ' ~ - ' . _ _ µe~~,
,P` ~w _ ;
: