HomeMy WebLinkAbout0416 To piec~ and c_,tinua,sly kcep c:i the bu~'d;nys r+ow o. hre~frN ~rwt~ o~ taid lae+d and on all equlpmcnr and persc.ully cov~.ed by ~h+s ma~g~
~g~. w~~h all p.em~umi the~eon pa~d in fu14 fire insuranct ~n ~i+e cwa~ uandrd poticy forn?, in • ium aFpro.ed by ths MORiGAGEE. and w~ndi?wm
~n~uranc~ io ~ha usval tean~ard pot.cy fwrty in ~ ~.He ~p~xoved by ~he MORTf'sAGfE. i~ ~utA cwry~anY ~ comp+n~es as ~h~ MORiC~GFE ~Y
d:r~u, and •11 tir~ ~nd w:ndswrm inwr~~tt po~ic~~i on N~y of s~~d buird.r~L r+y inN~esl fherein w µa~1 thtreo`. iu tF~ agg.ty~re ~um ~fassaid w
in ~acess therwi, shafl ca+t~in rM uswl se~ndud mu~y+get cl+us~ a such othes cla~s~ a th~ Marg+gra maY requu~, mr?inp ~t.e ioss unda~ sa.d
c~es, each and wery, pry~Lt~ ro ssid MOCTG4G:E ~s ai :nieres! may ~pp~ar, and each snd ~wry suth poiicy ahail b~ premprly iiz g•k.; and dr~~~erad eo
•ny neld by s~id MORIGRGEE as fureiur security to said mwtg+ge debt, and, not less tha~ 1en (1G1 days in adwnc~ of ~hf exp:-atwn o( zich aoiicy, to de-
I:ve~ ro said MORTGAGEE a rs~ewal thsreof, topciher wi~h • rece~pt fa tM ~e.n;~m of s,rch re.wwal; snd ~hera sh~ll be no f~re w~~~sro~m insurance
pl,~ted on a~y of said build~nys. ~ny interest thers~n a p~rt 1lxrwf, un4zss in tl+! fo~m and with tht k,sa payabte as ~foresaid: and in the e.•en1 any sum
of money become~ payabte undes such y~E~cy w po~K~ts said MOR:GACEE shall haw t!x optwn •o reca~va and appty tM su*ro a+ accoun~ o( ~h~e indrt~ed
neis secv.ed he.eby o• ro permit said MOBiGAGORS ~o receiv~ and us~ i~ or any parl thereoi to. o~ncr purposrs, w~~ho~t sh_•.:,r w-~•~ c~ ~~~3p.+u-
ing any eqv+ty, Iie~ w righ~ under or by v:rrua of this :no:!psge; and in tlw event u~d AIWRTGAGORS shs11 fo~ any reason (a~l to k:rp the sa~d premisrs w
~sured, or feil to deirve. prompUv ~ny of said poiK~es of insurance w w~d MORiGAGEE, w fa~l ~aromp~ly to pay fulty any pre~n~um tKe~c+w w~n a~r
respect fael b psrfain, d~scfuge, execufs, elfect, complets, comply wi~h and ab:ds by ~f~s covena~~. a ~ny pa~t hr.eof, sa~J MORiGAGE~ may p~ece a~~d ,
paY fw such insu~arxe u~ny p+ft lhcreef r?lrhout waiving a affactinp any optan, lien, equ~y. o+ ri9ht undar or by virtve ol ~h~s Me~iyage. and ~he
4uii amount o( each and evsry such payment shall be invnedutely du~ s~d piyatle and sha!I bear interes~ from ~Frs dsr~ thereof un~il pa~d at the rate ol
n~r.e prr cenr~m per a~num and to~rthcr wirh such inesrea+ sha~i be srcwed Ey tM tisr~ of th]~ morig~ge.
1. Ta permit, tommit or sufter no wasta, impaermeni or deteraration of said property o? any parl thereaf.
S. To psy all and sinpulu tM costs, charges snd expentes, inciud~rg s ~easauble anorney i fee snd costs of sbs~racts of t~tle, incurred a pa~d at
any time by said MORTGAGEE, because or in the even~ of the fail~re on ti?e par~ of tFw said MOR:GAGOR ~o duly, pro~nprly snd fuliv perfwm, d~scharge.
e,eca~e, etFect, canplete, comply wi~h and ab~de by each and every the sti.~ula~~ons, agreen,ents, condi?1o~s, :nd covenants of sa~d p~ani:sary note and ~h~s
mwtgage sny a e~~her. acsd sayd casrs, chuges and expenses, each and e~ery, shall b~ immed~ately dx and payable: whe~her a rat tAere be norK~ d3
~nand, attcmpt to collect w wit pend~rg; and tF+e fvll ana~~nt o: each and every such paymem shell bra. imrrest fran the da~e thereof un~il pa:d at t!u
r; re o? nirte pe~ crntun: per an~~u:n; and all said costs, charges and expenses incurred or paid, together .vuh such in~eres~, shall be secured by the lirn of thu
mortgage.
b. Tha~ (a) in the ever.~ of a~y treach of this 1Nwtgage or default on the ~Srt of the 1NORTGAG~R, w(b) in the event any of u~d svms of money
hr~ein referred ~o be not p~ompYr~ and fully paid wi~hi~ thuty (301 days ~ext after the s.~me scverally become due and parabte, withou~ derew~ w aotice.
or {c) in ~he event eath and eve~y the stipulations, agreemenb, ca~d~~ions and coven~~rs of sa:d p+omisso+y note and ~h~s mo:tgage any o~ either are no~
i~ty, promatly and fulty performcd, d~uharged, executed, effected, completed, coraGed w~th and abided Sy, ~F+e~ in e~ther w any such eveM the sa~d ag-
gregate sum meneioned in said promiuwy note then remaining ur~paid, with interest accrued, and atl moneys secwed he~eby, shall become ~lve and pay-
ab;e iorthwirh, i+r rhereaFter, at the opt3on of sa~d M08TGAGEE, as fvlly ~nd cor~pletely as if a~l 04 tbe sald sums of mooey were o+ginatly snputated
to be pa~d on such day, anyth~ng in ss.d promiuory note w in this Mortgage ~o the contrary no~wf~hstanding; and thcreupon a the~eafter at the op~~on oi
sa:d MORiGAGEE, v,irhout no:ice or demand, suit at law or in eauity, therefore or the~eafter begun, may be prosecuted u if atl moneys secured hereby
nad matured p~or ro rts irsritutio~?. _
7. That i~ the evcnt that as ~he beginn~rg of w at any time pending any wit upon this Mortgage, or. to fweclose it, or to ref~xm it, or to enforce
payment of a~y claims hereunder, said MORTGAGEE sMtl apply to the ~ourt havi~g jurisdK~ion lhereof fw ~he ap,oo~ntment of • Receiver, svch Court shafl
Forthwith ap~ :int a~eteiver of said matgaged property all snd siryular, indud~ng a!1 and singvlar the income, proi~ts, issues and revenues from whatever
source derived, exh and every of whKh, i~ be~np expressly unders~ood, is hereby mar~gaged ss if speuf=-.ally set iwth ~nd descnbed in ~he 9raneing a~d
habend~•m clavses F+ereof, end such Receiver shall have ~II the broad and effective funct~ons and powers in anywise ertrwtcd by a Court to a Receivcr, and
s~ch appointn~~~t shall be made by such Court as an admitted equity and • ma~~er of abso'ute right ro said NIORiGAGEE, awd w~ttwut relere~te to the
adequscy or ~nadequacy of the va~~e of the properry mortgaged a to the sowency or insolverKy of said MORTGAGOR a the defendants, and that such
re~rs, pro;~ts, uxorne, iuves ~~d ~evenues shall be appiied by such Rtceiver accord~ng to ti+e liee? or eqwty of taid MORTGAGEf and the practKe of such
Court.
8_ To duty, prtinptly and fully perform, d~scharge, execute, effect, complete, comply w~th :nd abide by each ~.•d every the stipuiatiw.u, sgreements,
cond~t~ons and covrn~nts ~n ta~d promissary note and this mortgage set forth.
9_ ihat in the e~-ent the ownership of the mortgaged premixs. a~y part tF+rreof, becomes vested in a person other than the MORTGAGOR, the
M.ORTGAGEE, ih succes~ors and ass~gns, may, w~thout ~ofice to the MORT~AOR, deat with such successor or succcssw in interest w~~h reference to this
mor~gage and the debt hereby secured in the samr manner ~s w~~~+ Morrgagor w~thout in ~ny way viriati~g or dischargirg the Morfgagars' 6ability herr
unde~ w upon the debt hereby sec~r~d. No sa~e of the premises hereby mortgsged and no fwbcar~nce on the part of tF+e MORTGAGEE a irs successors
or ass7g~s and no ea~ens~on of fhe t~me for fhe p~ymcnt of the debt F1l:Eby 3KU~lO given by ~he MORTGAGEE or its successwa w ass:gns, ,hall operate
ro release,~d~uharge, mod:fy chsnge or affect the erg~nsl I~ab~l~ty of the MORTGAGOR herein, either in whole w in part.
10. It is spec~fically agreed that time is of the essence of fhis contract and that no w~ive+ of any obligation hcrewxler w of the ob:igation se-
c~red hereby shall at any time thereaher be he!d to be s waiver oE tht terms hereof w ef the instrwnent secured he~by.
' 11. In add~rio~ to the ferego:ng monthly payments of princ"pal and interest requireA Ny the pra*+~ssory nore secured hereby, mortgager co~renants
and agrees to pay ro mortgagee w~th Each monthly paynxni an add~Twnal sum estirtured by mortgagee to be equal to 1/ 12 of the annual cost oF the foilow-
6ir~:
A-All real property ta:es tevied w asussed a9ai~st the above dexrit~ed re~t estate_
~ B-Premiums on fire and wEndstorm inswante as here~n requ~red to be carried on t!?t imgrovements situate on the above desaibed premises.
C-Prem~~ms on such mortgage guaranty ~ns~rar~ce +s mo:tgagee shafl from t:me to time deem fit to carry on the loan sec~red hereby.
~ Mortgagee shall from t%:~s ta tirne norify mortgagor in writing of the amount due and payable hereunder and such sum shall tkereupon be due and
~ ; 3yable on the due oate of the neat month!y payment and each successive momh thereafter ur.tii mortgagee shall not;fy mortgagor of a change in such
I 3"'.OOnL SllCM wms sha11 be appiied by matgagee toward the payment of real prop4~ty tsxcs, in7ursrxe {xem.ums, anJ mortgage guaranty insurance
c~emwms.
E
IN Y~I7NESS WHER~OF. ~he sai,~ MORTGAGOR has hereunto set his hand and seal the day and~ear f+ t sfore '
~ ~~igrxd. Sealed and detfyred the presenc of: ~ ~
I _ ~ - Sea!1
~ ~ E E. reen e1~
~ • ' - t5es0
i Evelyn reen ~~a~
_ -
SiATE OF FIORIDA !
COUNTY OF SL. Lucie j ~
Before me personally appeared E• Green a~
Evelyn G reen his wife, to me well known and kna~vn to r?ie to be
the iruividuals described in and w1a executed the foregoing instrum~nt, and acknawledged before me that they e:ecuted the same tw the purposes
therein expressrd. A+x! the said ~Ve1SR1 CiTeE'i1
r.~fe of the said E. E. Gre~n uoon a scps.ate and p?ivate
~xam;nat~on by rt+e takrn separate and apart fror.~ her said husbar.d, acknowledged to and before me tFws she exKuted sa~d instrumeM freely and volun-
rar~ly and wrthout any comp~ision, wr.straint, apprchension, yr Eear of or from her iaid husband.
~ WITNESS my hand and offic;al seal this I~ a~ day of Februar a p. 19 73
~ ~ ~
Notary Pubtic and for the ate of Flwida at lsr9e
~ My Commiu' expires. ~ ~ 9 j:S-
~ Return To: ~
F~rsr Feder~l Sav~ngs 3 loan Assoc~at~on
. - ~ ~
w Of Fo~t P.erte. •"~~~~~,r• '
~ Forr Pierce, Flo~ida .
~ FIlEO AND ~ECOqaEO
' ----ST. i~r, ~ ; ~UNTY FLA-
~ ~`';"'t"1 - RG:,~= "7:~it?S
~ - - ~ ° - :zC: ~s ' • CIEn~. ~ ::U:T C~lfRt l
This Instrument Prepared By John :4': ~e~~2st ' r._ : c: f~+'.^ :E~,
; _
First Federa! Savings b loan Association ~ : ~p - • . ~,r: : p ~
~ of Fort Pierce~ Flo ri. c~. - G`~8 3 3Z 1~
_ . ;,.-t_' ~ - ~ - f
~ Checke,~ By ~ ~ ; • . z j s
~ 48(3'70
~ ; ri R
y gooK 2~1 Y~~~: 41S
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