HomeMy WebLinkAbout2186 To plau and continuously keap oe> >M buildines now a Mre~fta utwf~ on said i~~d ~nd on at) equipm~ni and ps?sonilty coversd 6y this mortg~
p~, wi~h all pi~mium~ lAereon paid in iull, fite i~~uranc~ in the usu~l standard polity form, in • tum approvtd by tM MORTGAGEE, and windstorm
inwr~nc~ fn ~h~ usual iundard potKy (am, In a~um approved by the MORTGAGEE. in ~ucA canpany or companies as tM MORTGAGEE may
direcl; and ~tl ilre and wi~rorm insurancs polici~i on ~ny of si;d buildinpy, ~ny Intkest th~riin or p~?t thereof, in the +g~r~g~~e wm ~forei+id w
in saceu ihereof, shall con~sin tM u~ual uandard monyape~ c1auH or iuch otha claus~ ~s 1M Morty+~ee may requlr~, makin~ tM lo» undea ta~d polF
ues. each ~nd ~v~~y, payabf~ to said MORTGAGEE at ies imerat may appear, and each and every such po~icy ihatl M promp+ly au.9ned and delivered ~o
any beld by said AFORTGAGEE ~s turther icc~rity to said mottpay~ dtbt. a~d, not I~u tMn ten (10) days in advux~ ot tM expiration of e~ch polity, to ds-
1ivN to said MORTGAGEE a renewal tMrsof, top~thN with a rece~pt for tM p~emium of t~ch rtnewal; a~+d there ~Aall be no fire or windsto~m inju~ancs
placfd on a~y oi s~id buildinp~, ~~y interqt tMr~in p put thtreof, unbu fn tM fam u~d with ~h~ loss pay~bk u aforesaid; ~nd in tM e~ant any sum
of money becomes psyable unde~ iuch polky or policias said MORTGAGEE ihall Mw tM option to receiv~ and spply the s~m~ on accou~t of the indebied~
neu secured Fwreby w to pttmil fa~d MORTGAGORS to rKeiv~ and us~ it Or aoy parf the~eOf ioi othe~ putposes, w~lhout thereb~ wai~i~y or ~mpai~•
~ry~ a~y squity, lien or ~i9ht unde? or by virtw of this mortqap~j and in tM ~v~nt aaid MORTGAGpRS shall fw ~ny reasoe~ fail to keep th~ s~id premisrs so 4
~nsured, o~ fail ro deliva promptly ~ny of said polic+es of ins~ru~ce to said MORTGAGEE, w faii p~omptly to pay fully any premium therefo? a in sny
rospact /ail to pNfw~y discha?Qe, ~xacu)e, eif~N, tomplele. comp~y with ud abidt by this covenant, a any part hereof, said MORTGAGEE may piacc and
paY iw such inwrancs w any part ihe~eof witAout w+ivirg or ~ffectinp any option, liwn. puity. or right under a by virtw of fhis Mongape. and the
futl amount of each and ev~ry ~uch p~yment shall be irru?xdiatsly dw and p~yable and sMll bear inte~est f?om tM date the~eof until paid at ~hs rat~ ol
n~ne per centum psr annum and to;~ethe~ with such i~terest shall ba iecured by the lie~ of this mat~ape.
1. To permit, commit or suffe~ no wasM, impairmcM or deteraration of taid property a ~ny part thereof.
5. To pay all and sinpula? the cost~, charges ~nd expenaes, i~cludi?q a reasonsble attonney i fee and cosrs of ~bstrsds of t~tle, inc~rred w paid at
any time by said MORTGAGEE, becaust w i~ the tvtnt of ~M failwe on the part of ff?~ ssid 1NORTGAGOR to duly, promptty and fully perform, d~scharge.
execute. effed, compkro. comply with and sb~de by e~ch ~nd wery the atipulationi, a9reemerits, conditions. ~nd cove~ant~ of taid p~omiuory note and thi~
matgage any w eirher. and sa;d cosri, charges and txpenps, each and tvery, sh~ll b~ immediately dve a~d payable: whetl+er p not there be notice d~
mand, arrempf to colletl o? suit pend~rg; a+~d the full amovnt of each and we.y such paymee~t ihall beu interetf from the dat~ thereof until paid af ~he
rate of nine per centum per annum; and all said cosb, tharges and expe~ses intvrred or paid, together w~th svch inte~e~t, ~MII be tetured by the !im of th+t
mortyage.
6. That (s) in the ~vsnt of ~ny Fxesch of this Mwt9syt or defauh on tlu part of the MORTGAGOR, o~ (b) in the event any of ss7d s~ma of money
herein reiorred to be not promptly arwi fuily paid witlun Ihirty (30) dsys nex~ after the same teverally betom~ due and payable, without demand w notice,
or (c) in tM event each a~d every the stipularions, agreementi, conditions am! covenants ot sa~d promiuory note and th~s mortgsye any a either are not
iuly, promp~ly and fully performed, d~uharged, executed, efiected, coenpteted, tanpl~ed with and abided by, then in either w any such event the a~id sg
gregate ium mc~tior?ed in said promtuory n~ie ifien re+7uini~-~ unpsid. with insr.e~t atcrued. a^d a1t rt•eneys urwed he~eby. ahall become dw and pay- .
sbie fwtAwifh, w thereafter, at the optan of said MORTGAGEE, u fully a~d completely as if all of the said sums of money were aiflinally stipulated
to be pa~d on such day, anything in sald promissory note w in this Mortg~ye fo the contrary notwiths~snding: and thereupon or thereafter at the option of
:aid MORTGAGEE, without ~otite a demand, svit af law a in eq~ity, therefore or thereafter begun, may be prosetuted ai if ~II moneys secured hcreby
had matured pnor to its irutitutio~.
7. That in the event that at the beginning of or at ~ny time pendi~y ~ny suit upon this Mortgsge, o~ to faetlose it, w to reform it, or to enforce
paymc~t of any ciaims hereunde~, said MORiGAGEE shall apply to the Coun hav;ng jwisd;ction thereof for Ihe +ppointment of ~ RKeiver, suth Coun shall
ForthwitA appoiM a receiver of said mortgsged property all and singular, intlud~~g all snd sirgvlar the intane, profits, issues and rawenues from whatever
source derived, each and ~very of whKh, it be~rg expressty unde~~~ood, is hereby mortgaged ~s if spec~fically ~et fath artd deuribed in the granting and
h~bendum cl+uus hereof, and such Receive~ shall have all the b?oad aod effective funct~ons and powers in snywiu entruued by • Covrr to a Receiver, and
such appointment shell be made by such Court as sn admitted equity and a m~tta of absolure right to said MORiGAGEE, and without reference to the
adequaq or inadequacy of ths value of the prope?ty mortgaged o~ fo the sowency a insotvency, of'ssid MORTGAGOR o~ 1he defendants, and that such
rems, profin, incane, naues snd revenues ahall be applied by such Receiver accwdirg to the lie~ o? equity of said MORTGAGEE and the practice of such
CouA.
8. To duly, pranptly and futly perform, discharge, execufe, effect, complete,•comply with snd abide by each snd evcry the stipulations, ag~eemev?ts,
condiYans uid covenants in wid promiuory note and this mortgag~ set fwth.
9. That in the event the ownership of the mortgayed premises, or any psrt thereof, Ixcomes vested in a perion other than the MORTGAGOR, fhe `
titORTGAGEE, ita succeuors and sssigns, may, witFaut notice fo the MORTGAOR, deat with svch succeuw w tuccesso. in infe~est with rcic?ence to this
morrgage and the debf hereby secured in the same manner as wifh Nbrtgaga wifhout in any wsy vitiafirg or discMrging the Mwtgagors' liabitity herr
under or upon the debl hereby secured. No sale of the premise~ F?ereby mortgaged and no forbearanct o~ the part of the MOQiGAGEE w iti successors
ar assigns and no extens+on of the time fw the payment of tha debt 1~ereby secured 9iven by the MpRTGAGEE or its iucceuors w auigns, shall operate
ro release, d~xha~ge, modify change or affect the original liabiliry of the MORTGAGOR herein, either in whole or in part.
10. It is spec;fically agreed that time is of the euence of this co~tract and tha~ no waiver of ~ny obl~gation hereunder w of the obligatioo se-
cured hereby shatl at any time thereafte~ be held to be a waive~ of the te~ms hereof or of the inslrumenl secured hetby.
11. !n add~rion fo the fwego:ng monthly payments of princ'pal and interest required by the promissory nore secured hereby, mortgagor covenants
a~.d agrees to pay to mortgagee w~fh each monthly payment an addi~ional sum estimated by mortgagee to be equat to 1/12 of the an~ual cost of the follow-
in9:
A-All real prope.ty taxes tevied or assessed against the above desaibed real estate.
B-PremiuTS on fire and windstorm insurance as herein requ~red to be carricd o~ the improvements sit~ate on the above described premises.
C-Prem~ums on such mortgage guaranty ;nsurar~ce as mortgagee shall from t~me to time dcem fit to carry on YrK loan secured hereby.
Mortgagee shatl from time to time notify mortgagor i~ writing of the amount due and payable hereu~der and such sum shall thereupon be due artd
; syable on the due date of the naxt monthty payment and each successive month thereafter until mwtgagee sha11 notify mortgagor of a change in tuth
a~ount. Such sums sF.a~l be applied by mortgagee toward the payment of real property taxes, insuronce prem;ums, and morigage guaranty insurance
prem:ums.
IN WITNE55 WHEREOF, the said MORTGAGOR has Fxreunto xt his Aand and seal the day and year first aforesaid.
Signed. Seal iv in ~+e prese~ce of: ~Z~
Se+~
~ ~l Ed t
s~.n
~ ~
Sean
Mari lSeaf)
StATE OF fIORIDA ~
COUNTY OF S t. L11C1 Q ~
Befue me personally appeared BdNard G. Denzler
and
Marie A. Deri21 his wife, to me well known and krawn to me to be
the ind;vidwls desu~bed in and who execvted tF~e 4wegoiny instrurt?ent, and ~clcrwwtedyed befwe me tAat they executed the same fw rhe purpose~
therein ~xa~a. n~d ,rM ,,;a Marie A. Denzler
F
wile of the said R[i/atti G. f]ESn~jQ,r upon a separate a~d priv~t~
examination by me take~ separate and apart from her said hutband, ~tkr+owledged fo and before me that the executed said i~strument freely and volvn-
rarily and w~thout sny compulsion, constra~m, eppref~?a~
~ feu of or from her said huiband. '
~ Rebruar ~
WtTNESS my hand and offitiat x~l thia day o{ A. D 1~
'E~ G ~ -
iary Pubfic in and fw ihe Sfete F' i larye
~ Commissio~ expira: / v • ~ ' -
Return To: • '
~ r_
Fint Federal Sevings a loan Atsociation '
Of Fort Pferce. ~
Fort P~erce, Fbrida •~~~7232 ROTARYAl/BLI~iSi~TFe~QRfaAd~G~~= -
" MY CO':'.'~~:? r~~;1;: ~.')Ef ?9. ]915~
gonri.~ ;n~,. ._n.:.a1j~~~r~:..e .~r~zl~.ti{Ert~
~ nl
f1lELi dN0 R~ , . " _
This Instrument Prepared ByGa,ry R. Sllwood ST. ~UC~E C~U
First Federal Savin s b Loan Association '
. of Fort Pierce ~ Florida ~lE KCC nCttt7 COURt ~
RECOR~ YE~tF1E0.,.~,~,~ `
Checked By -
~e ~ 3 vl PM'T3 ~
8oox 210 PACf 2i8~4
~Z
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