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HomeMy WebLinkAbout2509 . ~ To p~~c• •nd :o~e~~.,a.s~~ \eep o~ +M 4+.• J,~q~ now a he~e~f~N ~~~v~N o+~ ~~.d 4nd ~~d o~ ~I; eq„~p•ne~~ ~.+d p..w~~~~r co~...d b~ M,. n?o~ ~g~. w~~h ~il p«m,~n,~ eh~reoo ~ d~n fu(~, f~~e .c~„v~c• ~n ~M ~swt p~rd~.d yo .ty foi~n. in • wT ~Hp~o+~d b~ ~M MOR~GAGEE. •~~d w~~n!?~o .~aw~nce i~+ Ny vwal ~+~nd~~d poi.cy lam, ~n • wm a~p.c.sd b~ ~M M01tTQl?GEE. ie wcA co~•Pa~Y w cc+~+pM~ef as ~M MORIGAGEE n~ d~~ec~; ~nd ~11 li~• a~d v.•nJ~+wm ~~sw~~u poia~ on ~n~ ol ~a~d bv~id.nyt. MY inMr~~? thae.n w par? tMrwl, in ~h~ pprep~~~ wT ~la~s~~d ~ ~n •acea ~M+eol, ??,~II con+~n+ tM wual ~~~ndNd ma~9.+9K c~~.,~e a~~cA o~1w~ c4~N ~t ~M Ma~y~pati m~Y req~w~. n+al~np ~M ios~ u~+de~ ~a,d po ~ c~e~. e~ch ~nd •very. parab'~ ~o a~~d A~JR(GAGEE ~tr ~merc~~ m~~ a~{re~r, ~nd each ~nd ~v~.y ~uch po~~cy ?h~lt b~ prwnpNy ~tt y~sA a.+d de:~.~red ~ ~n l+eW b u~d MORiGAGff ~t iurehe~ ~ecue+~ +o ~~:d mor~ deb~. ~~d, nw tets tha~ ~t~ 1101 d~ s in ~d.a~c~ ol ~M ra ~~anon o{ eacl+ iK to d. t r r r a 9 r P ~ r• i i~~cr ro a~d N?ORiGAGEE • r~newd ~h~rwl. ~op~~h« w~~h • rK~~pl for U+e pr~.mw~. ot ~~rci~ r~•»wat; and ~M~• shau b~ no (~r• a w~~:ds~m~n inw~aoc ~ plKed On M~y OI u~d bv~~d~.gs. ~ny im~.N~ ther~,n a pa~~ rhe.~of. unlesi ~n rM form ~.,d w.rh ~M ~os~ p~rabb a? ~Iw~w~d: ~nd i~ ~he~ eYen~ an~ sun ot nwn~y becor.,~s payab~e under s~ch po4cy w poi~cn?s ~~~d MORIGAGEE ~hell haw ~M op~~on ~o ~ecr~.a a~.d ~pp:y the ~am~ on ~ccoun~ ol ~M indab+ed ; ~e~s secured h~reby a ro permtt ~a~d MQRTGAGORS to ~eee~v~ and us~ it a any part ~f,rteot tor oa~,.:r ~:ury.;eses. .•..~r~o~t ~h oi ~•~~p.~~ ~r.g ~n~ pv~~y, I~en or .~ght v+~de~ or by vinw of ~hii mo::papr, ~nd io ~M •vent u~d MOR~Cs~?GORS sAall fw ~ny r~awn f~il ~o keeP ~he sa~d p.em~srs so , ~nsured, a fail 1o d~~~~e~ prompNy any of sad polKies of insurance to a~d MORiGAGEE, w fa~l prompUy 1p pay fu~ty any pran~~m the~e~o~ w in a~y respect fail ~o pN(orm, d~~cha~g~, eaecuis, e(f~c~, complete, comply wieh and abid~ by thit core~+n~, p any par~ hs~eof, u~d MORTGAGEE nuy p~~ce a:~o pay la ~uth irqurant~ ot any part 1hNCOt withoul waivinq or affettinp any oplion, lisn, equ~ty. o~ right unda w by virtw of ~h~t Mo~tgs9~. ~nd the f~ii amount of each and .v~.y wch pa~mem ihall be immedi~~ely dw ar+d p~yable and sM~t be~r interest from eM dat~ theieof un~il peid n ~h~ raa of n~ne per cen?vm per annum and together with sucA in~e~est shali be secured by th~ IiM of lhis mortp~qe. To permit, tonunil o~ suf(er np waste. imp~irment a deterloration of said properry pr any parf thereof. S. To pay all and si~pul~r the costs, charpas and e~penses, includi~g a reawnabk at?wney's fes ar+d costs of absr~ects of title, incurred o~ pa~d at any time by wid MORTGAGEE, betavse w in the eveM of 1he failure on the part of the said MORTGAGOR to duly. prompHy and fu~iy perfam, d~uharge. e,ec~ie, e!len, complets, comply w~th and ab:de by each and every the stipul~~wns,. agrcements, conditions, and covenann oi sa~d promissory note and thi~ :TO~~gage a~y o~ ei~he~. snd sa~d costs. cMrges and expenses. each and ~very, sMll be immedutely due ~nd p~yable: whether o~ not there be no?ice da ' mand, attemp~ to rnllett or svit pendirg; and ~he full smount of each and every svch paymen~ shall bear interest from the date the~~of unti{ p~id at the ' ~.,+r o! n~ne per centum p~v amium; and all said costs, charges and expenses incurr~d p paid, togalher w~th such interest, i!?all be secured by tt~ lieo of thi~ morlgs~e, 6. That (s) in the event of any breach of thi~ Mortgage o~ defavlt on the part of the MORTGAGOR, w(b) in the event any of satd svma of money herein ~~ferred ~o be not p~omptly and fully paid wishin Ih~rty (30) days nexl afee~ the :ame xverally become due and payable, wi~hout demand or notice. or (c) in the eveN each and every the sGpulations, agreemeros, cond~tions and covenants of sa:d promissory rwte and th~s ~lgage any w either are nol iuly, promptly and fully performed, d~uharged, executed, effected, completed, complied wi~h and ab~ded 5y, then i~ either p ~ny such eveM the iaid ag gregate sum mentioned in said p?anissory note thon remaining unpaid, with iMerest aa~ued, and all moneys secured hereby, shalt become due and pay- t able iwthwith, or tlKfNftK, at the optio~ oi said MORTGAGEE, as fully and completely as il all of the said sums of money were w~ginally s~~pulated ro be pa~d on such day, anything in sa;d prom~ssory note w in this 1Nortgage to the contrary notwithatar.ding; and therevpon or thereatter at the option of sa:d MORTGAGEE, without notice w demand, suit at law w in equity, therefore or thereaftea begun, may be prouc~ted as if a!I moneys secured hereby nad matured pnor to its inatitution. 7. That in the evem that at the beginn;ng of or at any time pending any suit upon this Mwtgage, w to faeclose it, o? to refwm it, or to enforce payment of any clairra hereunder, said MORTGAGEE shalt appiy fo the Cour? having jurisd~ct~on thereof for the appo~~tment of a Receiver, such Court shatl forrhwith appoint a reteiver of said mortgaged property al) and singular, includ~ng all and singular the income, pr-vl;v;, rev~nues from whate~er seurce derived, each snd every of wh~ch, it be~ng expressly underseood, is hereby mortgaged as if spec;fically xt fwth and dexribed in /he yranring and h3bend~m clavses hereof, and such Receiver shall have all tbe broad and effettive funct~ons and powcrs in anywise entruated by a Court to a Receive?, and s~ch appointment shall be made by such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to the adequaq w inadequacy of the value of tF~e property mortgaged or to the so~vency or insoivency of sa;d MORTGAGOR a the defendants, artd thal such renrs, profits, income, ~ssues and reYeaues shall be appfied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the practice of such CouA. 8. To duly, promptly and fully perfwm, discharge, execute, effed, complete, comply weth aod abide by each and every the stipuiations, agreemenis, conditions and covenanfs In said promissory ~ote and this mertgage set fath. 9. Thst in the event the ow~ership of Ihe mortgaged premises, or any part thereof, betomes vested in a person other than the M~RTGAGOR, the A",ORTGAGEE, its svccessors and assigns, ma~, wirhout notice to the MORTGAOR, deal with such successw a successor in inte?est with reference to this n:o: tgage artd the dtbt hereby secured in the same manner as with Mortgagw without in sny way vitiating ~or d~schargi~g the Mortgagors' tiability herr under or upon the debt hereby secured. No sale of the premises hereby mortgaged and no fwbearance on the part ot the MORTGAGEE w its successors or assigns and no extensio~ of the time fw the payment of the debr hereby secvred given by the MORTGAGEE or its sutcessors w auigns, shall operate io release, dixharge, modify thange or aifect 1Fx original liability of tht MORTGAGOR herein, either in whole d in part. 10_ It is specifically agreed that time is of the e:sence of this contract and that no wsiver of any obligstion hereunder or of the obligation se- i cured hereby shall at any time thereafter be held to be s waiver of the terms hereof or of the instrument secvred herby. ~ 11. In add~tion to the fwego:ru~ monthly payments of princ'pa! ared interest requi~ed by the prom;ssory nore secured hereby, mortgagor covenants and agr~s to pay to mo:tgagee v„ith each monthiy payrnent an add~rional sum est~mated by morfgagee to be equal to 1 j 12 of the annual cost of the follow- ~ ing; A-All real property taxes levied or assessed agai~st the above desc~ibed real estare. ~ B-Prem~ums on fire and windsto~m insurar.te as here~n requ'aed to be carried on the improv~ments situate on the sbove destribed premises, C-Premiums on such mortgage guaranty insurar.ce as mortgagee shal~ from t;me to ti~ne deem fit to carry on ihe (oan secured hereby. Mortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereunder and such sum shalt thereupon be due artd c ayable on the due date of the next month}y paymeM and each successive month thereafter ur.til mwtgagee shall notify mortgagor of a change in such a~:cunt. Such sums shall be app!ied by mortgagee toward the payment of real property taxes, i~surarxe pr ~ums, and mor gu anty insura premiums. ~ !N WI7NES5 WMEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day and Signed, Sealed and delivered in the presence i a D e W Huc ,n _ ~ ~C''~' (S~aq , n C Huck STATE OF F IDA ~ COUNIY OF S'C . Luc ie ~ 1 Before me personally appeared DL18A@ W~ HUC~C and '~e~Il C. HL1Ck his wife, to me well known and known to me to be rhe individuals described in and who executed the fwegoing instr~ment, and scknawledged befwe me that they executed the same for the purposes therein expressed. And the sa:a Jean C• HUC~C ++~fe. of tfx ssid ~~ne W? HL1Ck opon • scpsrate snd priwts ' e=aminaYan by me taken separate and apart from her said husband, atknowledged to and before me that she exetuted said instrument freely and volurr y rar~~y and without any compulsion, constraint, apprehens~on fea? of or from her said husbend, WITNE55 my hand and official seal thi: p,?~ da~ of A rli A. D. 19 72 Notary Publ' ~nd w the ate of Florida ~t larpe ' My Commiu expires: ~O ~ 9 ~ r Return To: • ~ ~ First Federa( Savings 6 Loa~ Astociation Of Fon P~erce. , n.tis;,i, , r. NOTARY pU$L~C $jATE OF FLORIDA AT UR(~! , Fort P~eice. Flw+da ~ '++f:-.-.'•,;: . MYCOMlA1SS10NEXPlRE3qU(;. 6.197~' , ~ ~iENERAL INSURANCE UNDERWRITER$, , ~ ~ / LED ANQ RECOAOEO This Instrument Prepared By Wm• B. BY~1pi . S~•tUC1E GJUMTt1 fLA. i First Federal Savings E~ Loan Association ' . QOCEa POITRAS ( of Fort Piercei F2oZida 33450 . CLERK CIr~GUl7 COURT RECORD YEiilFlEO Checked By ~ . ' N~u~ I 2 ~s PN'~t ~ 2263'71. ; geQK ~'l~ ~~506 . ; _ _ - ~ ~ .t