HomeMy WebLinkAbout0686 J_ To plxo anti w~r;~uously kcep on ehe bui!din~s now a h~r~aitN s~twq o~ sa~d l~nd ancl an all aqui,xnK~t ~r~d pNSOnatly covc.ed by ~his mortq.
p~, w~~h all prtm~ums thereo~ pa~d i~ (vll, lu~ insurancs ie ~h~ uiu~l srand+.d pr~icy fo~m, in ~ swn ~pWo~~d by the MOR:GAGEf, and w~ndsram
inswwxe in Me usual uandard pol:cy fam, in • tum ~pprovta by .1~ MORTGAGEE, in sxh companY ~ com~a^~es +s t~a ~AORTGACaEE may
d'uecr, ~nd a~! fW~ and w~ndsiorn+ ~niu~a~c~ po'Kies a+ ~ny o/ ~sid bui~d~n~s. ~ny ints~ss~ Ma~ein w put tFxreot. in tFK ~qqre9a~e svm afaes+~d o~
in excess :he.eoi. sMll ca+uGn the uwal standud mor~9a~ daus~ a~uch o~M. clavs~ ~s ~lwr Ma~9a9r~ may requa~. ma~ing ~he ~o?s undr. s,~d polf
c:ea, each ond every. paYabla ro u~d MORTGAGEE at its interest may appear, ~nd ruh a++d eYa~Y iuch iw~~cY shatl De pru~,p~ly ais ~~~ed a~d de:~vot.:d ro
~ny neld ~y s~d MORTGAGEE cs fur?her set~rity ~o said ma~y~Qe dcb~, an~, not leu tMn ten (10) d~YS in rdvsnc~ ot the eap~rat~on ol each po~~cy, tc dr
IivN to said MORTGAGEE a renewal thcreof, IogethN wi1A s rKe+pt fa tM prem7um of s~?th renew~l; snd Ihere ~hall be no f~~e or wir~dstcrm inw~ancs
pl~csd on any of said buildirga, ~ny intrrest thNtio w pu1 fhereof, unleu ie ~ht fo~m u+d wiih tM loss paYabte as a(oresaid; and i~ ~he evrnt ~ny sum
of money bccomes payable v~der such poticy a polK~es s~id MORTGAGEE shall have tha opt~on to receire and aFply the same on accovn~ of the i~~drb~ed-
neu srcu.ed hr.cby o~ ?o permit said MORiGAGORS to ~eteivQ and us~ it w any pa~r fhrreoi for o~he. purposrs, v.:iho~f ~h_~:u~ or ~~~~r•~'• .
ing any equ~ry, lien or rght unde~ a by virtw ol th~s mo:tgage: and in tM ~ven1 said MORI~,AGpRS shall fw a~y reason i~il to k¢ep. ~he sa:d prem~s~~~ ao
insurcd, o~ fail b deliver p•omptly sny ol said policies o( inwtants ro said MORTGAGEE, o~ tail promptty to pay 1~Il~ any pte~~~um thcrefor or in a~y
respect iait 1o paipm, discharge, czecute,.sf(ett, complete, comply wi~h and abide by this covanant, w any pa~t htreof, said MGRIGAGEE nay psace and
paY fw such insurance o~ any pa:t fhereof wi~hwt waiviry w affecfirp any option, ti~n, eqvity. w r~ght ~nder o~ by vinue of th.s Mort9~e. and ehe
full amoum of each and every such payment sha:l be imrnedia~ety dw +rd p+yabte and shall beu interest from the date ~hcreof ~n~il pa:d af the ra~e ol
r.iM.PN CMfvm psr annu~n and io~e~her wi~h such i~trrest sha~t be setured by the lien of this mwtgage.
1. To permif, canmit or suffer no waste, impairme~t a dctcrioration of said property or aay paA thereof.
5. To pay sll a~id sirgulu tM costs, cFNrges snd expenses, inctuding a re+~sw~abk anorney i fee and coirs of abstracts of titie, i~cuned w ps~d at
eny time by said MORTGAGEE, btcavse w in tl+e ev~nt of the failure on the part of th~ ssid MORTGAGOR ro duty, promplly and fully pe~fwm, d~s;harge,
e:ecute, effed, comp!ete, comply w~th and sb:de by each ~nd every the st~pulaiions, ag~lM~ent1. Conditiont, and covenanK ot s~~d prom~swry note and this
ma+gsge u~y w e+~her. and sa~d costs, charges and expenses. er~ and every. shill be immediately due ~~d payablr: whe~her o? not there be nor~ce dr
R+and, anempr ro colkct or w;t pend~ng; and the full arraunt of each and ave*y s~ch psymenl shall beas i.~~e~es~ from ~he date ~hcreof uniil pa~d a~ ~ne
rare of nine per cenwm prr an:wm; and atl sa'v,i costs, chargea and expenses ~ncwred or paid, together w~th such io~erest, ihall be secured by the t~rn of thq
mortga~e.
Q Thst (a) in the event of ~ny breach of this Mo?tg~ge w defauh on the psrt of ~he MORTGAGOR, o~ (b) in the event any of sald swns of money
herein ~rferred to bs not promptly and ful:y paid within th,rty (30) d~ys ne~t after the ssr~e severat[y become due a~d payable, withc~t dcmand o~ notice,
cr the event each rnd every the stipula~io~?s, sg~een+ents, cond~tions and covenants of u:d promiswry no~e and th:s mo~tgsge any w e~~her are na~
~uly, prompNy a,.d fu{ly perfwmed, d~xMrged, eaecuted, eifected, completrd, complied w~th and ab~dcd 5y, then in e~ther or any iuch event the sa~d ag
gregate sum mentaned in said promisswy note the~ remainireg unpaid, with in!eres~ accrued, and a11 moneys setured hereby, shall becw~+e due and par-
abte forthwith, w thereaf~er, a~ the op!an of said MORTGAGEE, as fuflv and campletely as if all of ~he u~d sums of rconey were ong~~u!ty snpuia~ed
to be pa~d on wch day, a~ything in said promissory note w in this Morty~ge to ~f+e contrary notwi~hs~and+ng; and thercu~o+~ a ~hereaFte~ at the op~~on of
sa~d MORTGAGEE, w~thout no~ice w demar~d, suit at law rx in equ~?y, thereiore or thcreaftcr begun, may be proxcuted +s if all mw~yi sec~:ed hereby
had maWred p~~w lo its instiiution.
7, That in the event that at the beginru~g of a st any time pending any svit ~pw~ tk~s Maegage, w to faeclose it, or to refwm it, w to enforce
payment ot any clatms he~eunder, said MORTGAGEE sF.all apply to the Court having jur~sdiction thereof fw the app~:ntment of a Rece~ver, such Cour~ sha~l
forfhwith appa~m a receiver of said mortgaged propaty all and singulu, includ~ng aif and s:ngular the income, p~o(~es, issues and revenues from whatevrr
source derived, each and every of whrch, it being e:pressly u~ders~wd, is hercby m~tgaged as if tpecifically set fath and dewibed in the gran~ing and
habendum ctauses hereof, snd such Receiver sha11 have sll the broad and effectire fur.c~~ons and powe~s in sn~wise entrusted by a Cou~t to a Recri~er, and
s~ch appoirttmei~t s.~ail be made by such Court as an admitted eQuity snd a m+tter of absoluie right ro said MORTGAGEE, and wl~hou~ reference ro the
adequacy o? ~nadeqwcy of the wlve of the property mortgaged or to the wtvency or ir+solvency o! said MORIGAGOR oc the defendants, a~d that svch
ren~s, profits, incana, iuues and rever?ues shall be applied by such Rcceiver accwd~ng to the lier? or equity of sa~d MORiGAGEE snd ~he practice of such
Covrt. -
8. To duty, promptlv snd fully perfor+w, discharge, execute, effed, complete, ctxnp~y Mr~~h and abide by each snd every the stipulations, agrcements,
conditions and covenanes m sa~d promissay note and ~h~s n:wtgare x~ forth.
9. That in the evem the owner:hip of the mortgaged premixs, w any part thereof, becomes vested in a perso~ ofher than the A:ORTGAGOR, the
MORTGAGEE, its wccessors and au~gns, may, w~rhout not~cs to the MORTGAOR, de+l wi~h such successor w wccess~ ~n interest wi+h re~e~ence to th~s
mortg~ge anu the deb: F~ereby secured i~ the same manner ts with Mo~tgaga witi~,vi in any way viu~ting a d~uhargirg ~he Mor~g:gon' liabil~ty FKrr
under w upon rhe debt herebv sec~ued- No sale of the premises hereby mwtgaged and no forbearance on the pan of the MORTGAGEE a iu successors
or assgns arx! no earcns:on of the time fo~ ~he paymem of the drbt hereby sccured given by the N10RTGAGEE w its successon or augns, ,halt operate
to release, d~uharge, modify change or af}ect the org:nal liab~lity of the MORTGAGOR herein, either in whole w in part.
1Q_ It is specifically ag~eed that ~ime is of the esserxe of this contrxt •nd th~t no waive~ of ~ny ob~gatiw? hereunder or of ths obligation se-
cvred he~eby sha~l at any tirr,e thereafter be heid to be a waiva of 1F+e terms Fxreof w of the instrument secured herby.
I1. In add~~~on to the forego' g mont!~ly payments of p:incpal and inferest required by the ~~om;uory nore secured hrreb~, mortga~or tovmants
ar.d agrees to pay t~ mo:tgagee woh each mc~ihly payrnent ao add~rional sum es+~mated hy mwtgagee to be eqwl to 1/12 of the a~nual cost of the }ollow-
A-AI! real property taxes lev~e~ a assessed agae~st the above deuribed real es~ate.
B-Premiums on fire and windstorm inwrar.ce as f+ere~n requ~red to be carried on ?he improveme~ts situate on ttw above descr~bed premisrs.
C--Premivms o~ such mortgage guaranty inwrar,ce as mo:tgagee shaU from t~me to time deem fit to carry on the ban secured hercby_
Mortgagee shaEl from time to time rwrfy mwtgagor in writing of the amount d.m and psyaWe hereunder and s~ch sum shalt thereupon be due and
~ F ayable on the due aate of rhe next month:y payment and exh successive month thereafter ur.til mwtgagee shall notify mortgegor of a change in such
a~~,o~nt. Such sums ei:atl be applied by mertgagee toward the payment oi rea! property taxes, insurance prem.ums, and m.xtgage guaranty insurance
p~emiums.
IN Y~ITNESS WHEREOf, the said MORTGAGOR has hereunto set h:s hand and seal the day and year first aforesaid.
Sgned, Sealed and delivaed in the presence of: / 1 /l fj ~
~ _ _ ~5~2!•c.c.4/ ~7 t ' ~_L.C.ci-e~r<<-r- f (Seal)
~ Hobert M, Aaber • ~,q
ts~4
e Awber (Seal)
STATE OF FLORIDA ~
SS.
couNnr oF - 1
Brfwe me perwnally ~ppeared _ HOb@T t M. Awbery _ ,,,d
.j03fC@ Awbery his wife, to me well known u~d fy+own to me.to be
rhr individuals desuibed in and who executed the fwegoirg insfrvment, and ackrawledged befwe me that they execute~~thq,~a~mt, fa. the purposes
therein expresxd. Md tht uid Joyce Ayrbery •,r,I
s.ife of the sa~d HObeZt M. Awbe]Cy j~~ ~pon yqe~~i~ and prrv~te
eraminatwn by me taken xparate and apart from her said husband, adcnowiedged ro snd befaa me that sF~e ex~tu(ed,daid ir~slnunen~'J.tfi{.and volun-
ra~~ly Gnd w~thout any compulsiw~, constraint, ap~.rehens~on, or fear of or from her said husband. -
~ ~`J ~
WITNESS my hand and official sea! this-~a[L - day of .TdIIt1dY - ,p~~p::19 73
~ ~
Notary Public in and fo'r, .~yate`of7 kla at ~rge
My Comrniuion e:pires: ~ ~ • • • •
Resum To: ~ '
F~nt Fede~a~ Sav;ngs 6 loan Associat~on N~jpRy pUBt.IC', ST~TE ~~1~~DA tt uR6E
Of Fort P:erce. ~~~y{fS$~[`I EX~'`~'~EPi. 25. 1975
Fo~t P~erce, Florida ga;~deQ By Atnt(Kan BanMers 1~uurant~
s.;~
~ i! LEC ~??0 ~:;:GhDEO
fT. IUCiL vJd%TY ftA.
~ This Instrument Prepared ByD. F. Holerger k~:`:° ~~i;~~S 911~
~ First Fede•al ~a~ings ~ loan Association CtEf '.G1~- CQl1RT 1
~ of Fort Pierce, Florida cc~r•F~ ~;s
~ ~h~k~a B,, `~~.1 FacE s~ F'Ee ~I 3 02 PN'7~ J
248243
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