HomeMy WebLinkAbout0592 To plxe a~+d con~~nuou~ly keep on ~he bulsd~nqs now Of hl~Mt/N sitwtf on se:d la:~t1 a~d ort a{! eqi•~prtn~ ~nd pe~yonally covc~ed by lhis mwt¢
ag~, w;rh aU prsm;ums ~hcreon parJ ]n (v11, fir~ iniws~nc~ ie th~ ~.swl srand~rd potKy fwm, in ~ sum app.oved !+y trw MORiGAG.E. +nd w~~+ds~am
~ntwance in tM uswi s~u~dsrd p~iKy iwm, a swn ~pproved 6y ~M MOQTG'?GEE, in such ca~yvny a co~.~p+ni~s ~s the MORTGAGFE may
d~redj and aU tKe u+d w:nditwm :nwrsnc~ pol;ci~i on any of ~aid bui{d~np~ any i~i~~~it tF+Kein or p~rt t4erwf, in IM syg~cpa~e svm ~ta~sad ar
in ~xcess ~hercot, snall canu~ tM ~s•.wl s!andud mor~ya~a claus~ a ~ucb o~hN claus~ ~s ~M Mortg~g~a mw rrqv:~t, mawinp the lou u~ s.+~d polt
ci•s, each and evNy. ps~sb~s ro saiJ MG~RTGAGEE as its in~neit may app,-u. ud each and ~re~y iucA polxy shalt be promprty au gnc.i and d:live~rd ro
sny held by sa~d MORTGAGEE as fv:tha securit~ lo sa~d r+~ort~aqt debl, a.-d, ~ot k~s ~h~? t~n (10) days in advrnce of ~M exrs'.a!an of each pol~cy. ~o da
t~+e. ro uld MORTGAGEE a ra~ewal ~h~~eof, toyed.a~ with ~ ~ectip~ fo~ tl~e p~Mnium o( svch rsntwai; and ~he.~ sha11 bs no f~r~ ..~nds~wm ;nsur~nc~
p~~ted on uiy of said b~.ild;nps, ~ny inie~pt d+er~in or put IhKSOf. u~less in th~ fam ~nd w~th Nu {oas p~yat.lt ~a afaeiaid: and io ~he eYtM a~y sun+
o? mon~y becomes payabk unde~ such policy or pol~cies said MORTGAGEE shall hav~ ~hr opt~on w recaiv~ and ~~ply ~M same on account ot ~ha indent~d-
ne:s setvred nartby a a pe~m~t s~~d MORTGAGORS to reteiw at~d ~sf it p any pat U~ereo) fu uthc+ pu~poses. w~~hoot thartu~ wa~~~:ig ~~mpa~~-
~ng any ~v~ry, Iia? w ~ght unde~ or by vir~w of ~his e'ert~a9r. and in tM eve~t sa~d MORTGAGORS shail fa ~ny ~eawn fa~l io keep 1he said p~emlaas so
~~iu.ed, a fail ro del~ver prwnptly any oi sa~d potic~es of iniurant~ lo said MORiGAGEE, oz fail promprly fo pay fvlly any pre~n;~m the~elw o. in ~~r
respen i:il b patpn~, d;xlw~ga, execuq, et(ec1, COmPINf, comply wi~h aed ab~d~ by ~hia cove~ant, w~n~ p:r~ hsrerf, sa:~ MORiGAGEE n.ay piace and
pay for such i~su~anc~ or a~y pan ~h~rnof w~~ho~~ waivinp or atfactirg aey option, li~n, equi~y, ar ri3h~ under a by vir~ue of th~s A1ort9ago, and the
f~~I .movnt of each and ev~.r such payme~+r shall be i~runeclwtely dw and payabie ~r.d sAail bau intereu from the daee ~hcreof ~r:,r~l pa~d at the ~ate o~
~~ne per centum per anrr~m and rogether w;~h such in~e.est shaU be aecu~ed by t!w lien of this ma~~ape,
To pe~mit, commit w sufter no wute, impairrn~~t a deter~ora~ion af s~id property or any psrt the~eof.
5. To pay all and sinyulu the coah, charyes and expen~es, includirg s reaso~,abk attwney i fee and cosn of absrr~cts o( titfe, incurred w pa~d a~
any time by said MORTGAGEE, betause u in !he erent of lhs failure on tM paA of tIK said MORTGAGOR ro duly, ~,.d» Pry ~nd 4ully periorm, d~xha~ge.
~aacute, effect, complet~, comply with and ab~de by exh and eve:y tha stipular.or.s, agrceme~ts, conditians, a~ed wvenants of ssid promissory nots and ~h;s
ror?gage aMr a ~~~he~, u.d sa~d cosa, cM~pes and expenses, each and every, shaN be immedia~ely d~s and payable: whc~her w not there be noti:e da
r~,and, a:rcmp~ ro cofkd or wi~ per+d~ry; and rhe full amovm ot each and eve.y such p~yrtxnt ahali bea• iroeresr from ihe da~e ~he.eof untii p~id at ~he
oF n~n~ pe~ ceniym p~ anuum; and a:l said co:rs, charyes and cxpenses ~n~urred cr paict, togcthe+ w~~h ivch intcres~, shall be securtd by the lien of th:s
mo: t~age.
b. Thsr (a) in ths event of any brcach of thia :~Aortgag~ o~ default on ths pan of the 1rWRTGAGOR, x(b) in tl~e event any of setd svms of money
herei~ referrrd ro be not promptly and fully p~id within tFurty (30) days next afte~ ~he same sevcrally become due and payable, wi~hout dernand w norice,
or (cj in thr eve~t e.ch and every rAe stipv7arions, ,•~.eements. cond;t'ans and covcnann of sa:d prom~uory nofe end ~A~s mortgage any w either are not
iuly, prompdy and fully p~formed, d:schsrged, e,eecured, effected, completed, complisd wi~h ~nd abided Sy, ~hen irt eifhcr w any svch event ~he sa~~ ag
~regate wm mentioned ~n said prom;ssory note then remainiog unpaid, with intere:t ~caued, and all moneys ucu.ed hereby, ahall ixcome d.ie snd pay~
e~,e forthwith, w thereaf~e?, at the q,t~on of said MORTGAGEE, +s fully and compktely ~s ii sll of the said wms of money were orginally st~putated
te be pa~d a+ such day, anyti~ing ~n said prom~uory note w in this Mortgaqe to the conuary notwiths~anding; aod ~heroupon or thereafter at ehe opt:on of
sa~d MORTGAGEE, witFaut norice a d~mand, wit af law w in equity, there;ore w thereafrer begun, may be prc+sec~ted u if all muoeys secured 1+ereby
r._d matured pr~pr fo ib institution_ •
7. That in ~he event that at the beginning of or at aoy twne pending ~ny suit upon this Mortg~ga or to foreclox it, or ro reform it, oe to enfwce
pa~~me~~ of any ctaims he~eunder, said MpRTGAGEE shall apply ro the Cour1 havinq jurisd~cr'wn thereof fw the +ppo~ntment of • Receiver, svch Cou?t shall
fcrthwith appoiN a receiver of ssid mwtgsged ptoperty all and singulai, intlud~og ~II and singuiar the irttome, p~ofits, iuues and revenues from whatevcr
seurce d~rived. each and every of whKh, i~ beeng expreuly undcrstood, is hereby mongaged as if spec:fica!!y ut lo~th and dex~ibed in tbe gran~ing and
h~bendum cl~vus hcraof, and such Receire~ shall have all ths broad and effective funct~ons and powcrs in anywise entrusted by a Court to a Receiver, and
s:.ch appoinemcnt shall be made by s~rch Cou~t as ~n admitted equity sed a m+tter of absotuts rght b said MORiGtvEE, and wi~hout roterence ro tl»
~~equacy w~nadequxy of the vale~e of the property mo.tg~ged o~ to the sower.cy or ]nsol~ency o( sa~d MORTGAGOR or the defe~daNS, and ~hat sucn
re•,n, profin, income, iuues aod revmucs shall be applied by such Receiver accord~ng to the lien or equiry of said MORTGAGEE snd the pracr;ce of such
C.OUf1.
8. To rfuty, promptty and fully perform, d~ulwrge, execure, eflect, completr, comply viri~h ~nd sb~de by each and evcry the stipulations, agreements,
ccnditions snd covenants in sa~d prom~ssory note snd this mortgage set forth.
9. That in the event the orvnership of the mortg~ged premises. or any put tixreof. becomes vested in a penon other lhan the AhORTGAGOR, the
YORTGAGEE, its :uccesw~s and assigna, may, without not~ce to the MORTGAOR, deal with such sutteuor w rxcrssor ;n ;ntaest with •eference to th~s
mo:~gage and the deb~ Ixreby secured ir. the same manner as w~th Mortgagor w3thout in any wsy vit;ating or d~xharging the Mortgago~i li~bility F~err
~~der or upon the debt hereby secured. ko ssle of the premisea hereby mwtgag~d and no fo.bea?+nce o~ ~he paN of the h10QTGAGff or its succrssors
or assigns and no exrens;on of the tir.+e fw the paymem of the debt hereby secured give~ by ttx MORTGAGEE a its successws or auigns, shall operate
ro re#ease, d~stharge, modify change or affect the origir?al Iiability of the !NOQTGAGOR hereio, eithe? in wFwk w in put,
10. h is specif~catlr agreed ~},at tune is of tne essence of this contrxt a~d ~hat rso wsiver of ~ny obfigauon here~nder w of the oblgstion se-
cured hereby sha17 ar any rime rhe.eafre. be held to be s waivN 01 fh! tHm! he?eof or of the insuument sec~red herby.
I1. !n add:tion t~ tfie forego:~g monthly payments of prinCpal and inte~est required by the promiuory rqre secured her2by, mortgagor covenants
jnd agrses to pay to rtwrtgagee with eath manthly paymnt an add~~ional sum es~imated by mwtgagee to be equal to 1% 12 of ihe annual cost of ti~e foliow-
~~,q: _
A-Alt real prooerty taxes kvied o~ aucssed aga',.~st ~he above descriDed re~l estate.
8-Prem~ums ow fi~e and windstorm ins~rance as herein requ~red to be carried on the improveme~ts situate on the above described prrmises_
C-Premiums on such mwtgsge guaranty ins~rar~ce as rtwrtgagee shaN from t~rt+e to time deem fit to carry on the ioan secured hereby_
Matgagee shall from time to time notify mon.gagor in writing of the amount dur and payable herevnciei an.~ such sum shal! thereupon be due and
:+~ab1e on tF~e due date of the next monthly paymem and eath successive momh thereafrer ur.til rr.ortgaget shal: norify mortgago~ of a change in su~h
~ o.,nt_ $w.n sums aha'1 be appGed by mwtgagee toward the paym~nt of real property ta:es, ensurance prem:ums, and m~rtgage guaranry insura:~ce
: •emiums.
_ IN Y/ITNESS :YHEREC?F, the said MORTGAGOR has hcreunto ut his hand and seal the day a y r first afwesaid.
Signed. Sealed and dPF'rrered Ii? tf+e prex~ce of:
O
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L~~ d L ~~,~l~ , B ie L Fix ~rR
{ `f ap
x~ i. T i; i ~ uise M. Fix
' ~ ' ~ {$~a1)
STAiE OF FLORIDA ~
couwnr oF St . Luci e
!
Before me personally appeared Rnhb i e L. F 1X
Loulse M~ FlX his wife, to me well known and known to me to be
~he individuals dewibed i~ and who executed the foregoing instrument, and acknow:edged bsfore me rhst they e:ecwed the sarrK for the p~rpases
rhe-ein expressed_ Md the said_L011156 M F 1X _
...re ot tt~e ,~,d BObbie L. FiX -r~' - ~ - -
upor?-i s~palste end-:~rivate
e.aminat:on by me ta4en separote and apsrt from her said husband, atknowledged to and before me that she executed sZid`ipstiument iree{y artd:.yo~n-
r;~lly and withovt any computsioa, constraint, apprehensiW~} At fesr of or from her seid lh:sband.
f
t~{ItiNE55 my hand and offic~al seal this 1 L1 - day of ~ Februarv' j~ ~ q. D. 19.~_
~ ~ f, ~L- ~rr' ~
`~is ~..~t - - _ .
Notary Public io and fw t~Si~te of bnda N Larqe ,
My COrixniuion expires: i ' ` ~ ~ ~ ; , • ' -
Return To: _ ~ " ! ~ ~ ~c = : y .
!
F7rst Fede~al Savirgs 3 Loan Association ~ j j~` 'qr
Of fOrt P~erte. ~~i~~~.~~~ _.~....~'~r.'
Fort Pirrce. Florida ' •
FILEO .'.Y~i
ST. ! ~~~•f. ~~unTr Ft~.
~G~~t~ ? ii'v ~R$ ~
Cl = : ~~i COURT
This Instrument Prepared By Dennis F. Ho.lezger pc~~-~-
First Federal Savings 8~ loan Association `
~ of Fort Pierce~ Florida iES 2~ $ 58 aH ~~3
Checked By a~~~
~r`_lV~~ -
eooK 211 ~ 592
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