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HomeMy WebLinkAbout2023 J. To ptu~ and cont~~uovsly k~ep on ~M buildinps naw w Mr~~frK utuat~ a. said I,~e~d a~d on ~ll equip~nMf a~d penonally tovHed by this ~wrt~ p~, with all pr~m~ums ~F~e~:on p~id in full, f'vs G+sur.nce a~ tM ~twl srandud policy fo~m, h a swn ~ppror~d by rl+~ IYIOR(GAGFE, and w~nclsrorm i~swanc~ i~ ~M uswl ~rar.dard poLcy forri, In i sum ~pp.oved bp tM MORTG/1GEE, ie wch comp~ny w compani~s ~s v1v MORTGAGEE may d'u~c~; and aN fu~ snd w~nd~rorm ina~r~nq Fotici~s on any pf ~iid byilditpi, My {fltt~t~l tlffrlin Uf pMt thNW~, in ~!w ~ggrcpaa su~n r wssa~d or 1~ ~xcesa ~hercof, ahalt conbin ~he uawl standud mwr~sp~t clavt~ or suth oelyr clw~ :s tM Mor?p~pe~ m~y nqu~~. ~n~?'vg t1,t iou ~nda ~a:d ~wli- cees. esch and ~ve~y. paYaWe w said MORTGAGEE ~s i~s interest maY apprar. ~nd e~ch aod eve~y su~h pol:cr sha'I b~ prompNy u~ gncd and dctivered ~o any held by sa~d MORiGAGEE as furtl+a xturity to iaid mortqaQ~ dsbt, and, ~ot ksi tha~ ren (t01 d~ys in ulvanct of the ~,~p«at~on of each pol~cy, ro de- lirer to said MORiGAGEE • reMwal thlrwf, fopethK with • r~ceipt fa tht pr~miwn oi 3tKh renawel~ and tht~• sh~ll be ~o F~re w w~ndstwm insur~nc~ pl~ced oo ~ny oi :aid bu~ld;~y~. •oy inter~tt tApe~n o~ put tM~eof, vn4u i~ tM fo~m and with tFk lotis payabb at afor~s~iA; and in the eY~nt any swn of money becomes payable undK such po7icy or polKies wid MORTG.OGEE ihsq har~ 1M optiain tp IKe~r! a~ apply tl+e iama on accoum ol ~h~ indab~rd neu secvred hs.cby o? b pormif saic~ MORTGAGORS to reteiv~ u~d use it or any put ~hercof For omer purposes. ,v;~Fw.~~ ~h:r~b~ ..a;.~ r~ c~ ~~~~p~~r. . ~ng any pu~y, lien or righ~ u~der or by vinue of th~s mort~~~t u~d in tM even~ sa~d AApRTGAGpRS ~all for anr reason fail to keep ~he sud prem~u~ so ;nsu?ed, p fail b dativer promptly ~ny of sa~ policies of imuraoce to said MORTGAGfE, a fail p~omptly to pay 1u71y any prem,wn tncrefw w in a~~ respect fail to pe~(wm, d~schar~, ~:ecut~, ~ffM, tompkt~, comply with ~nd abid~ by this eovenant, w any part F+er~of, sa~d MORTGAGEE nwy ptsce a~.J PeY Ea. such inwru+ce or a~y part thereof wir'~oert wa;vin~ a affsc~inp anY option, li~n, equ~ty, or rght unda w by v~rtw of ih~s Martpa~. and ~he fu11 amount of eacA and twry such payment shall be immediately d~a and payaWe a~d shall bea~ interc~t from tF+e dat~ thereoF un~il pa~d a~ the ra~e ol n~ne pa centum psr annvm and to~rther wi~h such intsrest sMtl be secwtd br tAt lien of fhis mortQaylt. ~ • 1. To pcrmil, commi? a suffar na waste, &npairment or dete~ioration of said property pr ~ny put thaeof. 5. To pay aU and sinqular tM cos~s, ch+rpes and expense~, incl~~din~ ~ reason~ble anwney's fce u~d costs of aburacts of tine, i~,cu~red o~ paid a~ . any t:me by said MORiGAGEE, betauss w i~ the evMt of tht failure on ths part of IM ssid MORTGAGOR to dufy, promptly ard fully petform, d~stharge. rxecute, effed, complete, comply with ud abide by each and every the stipulat~ona. ay~eemeo», cp+d;tlons, and co.r~ann of said p~omisswy note and ~h~s mwrgay~ any w either. ~nd sad cosa, cMrQes ~nd ~xperwa. each and ~very. shall be in~diately due u+d payable: whe~her w~+ot thcre bs no+~ce da mand, attempt ro cofl~ct or svit p~ndinq; ~nd tM full ~nt of each and every wch paym~n~ ihal~ bear inreresr f~om r?a dare tFKreof uo~i! paid a~ ~ht rare of nirk per tentum per uu~um; and all said cosn, chupea and eapenxt incurred or pa;d, together w~th svc!~ imaest, ihall b~ ucu~ed by ~he lien o! iu~ morrg~ge. . . 6. That (a) in the event of any breach of this Mort~aqs or defwh on the pan of tFK MORiGAGOR, a(b) in the event sny of sa:d :wns of money herein ~efened to bs not promptly and ful)y piid withir~ thiry (30) days next af~er ~he same seve~~lty become due ar~d payable, without demaod w nouce, or (c) in the evcM cach and e~rery the stip~lstio~s„ agreemc~.ts, cond~tions and cove~+nts of sa~d promisso~y note and th~s uart~age any w either are no1 iuty, F~omptiy and futly pe.formed. d~uharged, execvted, effected, complered, compl~ed wirA and ab~ded by. ~l+en in e~ther or any such event ths sa~d ag gregate wm meruioned i~ said prom;ssory ?wte then remaininp unpa~d, w~th inte~es~ ~cvued, d all moneys secu.ed herebY. shall becoma due and pay- able fa~hwith, or tFKreaftcr, at the oprion of said MORTCiAGEE, ~s fulfy ard canpl~~ely ai i~ ~II of ~he said wms af mw,ey were a~g+~slly srtpv~a?ed ro be pa;d on svcb day, anythinp in said p~om~ssory note or in this Mptyage ro the contrary notw~ehstsnding; and ~herevpon or theteafter at ~he optw~ of safd MORTGAGEE, wifhout notice or demand, sv~t al t~w w in equity, fherefwe a thereafter begun, may be prosecuted u if ~II ewneys secured hc.eby had n.~atured prwr to its i+urirurion. 7. Ihar ea the eve~t tha? at the begiru~ing of a ~t any time per+din9 ~ny s~it vp«~ this Matgage. w ro foreclose it. o~ ro reform it, or to cnfacs Faymcnl of any claims hereunde?, said MORTGAGEE shall apply a the Coun h~viny jwisdict;on thcreof tw the appo~ntment of ~ Receiver, such Covh shatl forthwith sppoint a receive~ of said mwtyaged proper~y dl and tirquls~, includ~ng a!! ar~d a"agular t1~e income, prof~ts, iuues and ?evenues from whate~er w~rce derived, esch u~d every of wfiich, it beirq expressly understood, is hercby mortgaged u if spec~fically set fath and d~uribed in the yr~ne;ng and habendum clsuses Aereof, and such Receiver shall have a1t the broad and effective func~a~s and powera in ~~ywise entrusred by ~ Covrt to a Receiver, a~d sucF~ appointment shall be mads by such Cowt u ~n ~dmittrd equity and a m~ner of absotutc rigM w-said MORiGAGEE, u~d wi~hou~ rcfercnce ~o the adequxy w inadequacy o( ~he vslue of the property mortp~ged or to ti+e sotve~cy o~ insolvency ot s~id MORiGAGOR or the defendants, ~nd ~ha~ ?uch renrs, profib, income, iuues u~d revenves shall be applee~ by wch Receiver atcord~ng to the lien or eqvity of said MORTGAGEE and 1he pracrice of such Court. 8. To dulY. Rromptly a~+d fully perform, disch~r9e. execute. effecf. eomplete. comply with and abide by each and every the stipulations, agreements, conditions and covenann iee ui~ prorn5ssory note arw~ this m«tgage set forth. 9. ihat in ths event the ownersl~ip of the mort9aged p~emises. p any pa~t thereof, becomes vested in • person othe. than the MORTGAGOR, the MORTGAGEE, its sucussws ~nd auigns, may, without notite ro the MORTGAOA, desl with such succeuw w successor in intaes~ wi+h ~efcrerte ro this margage snd the deb~ hcrcby secured in the same manner as wi~h Mo?tgagur withovt in any wsy v:t~atiny or d~xharg~rg the Morryagws' Iiability i~:r unde~ or upon the debt hereby ucured. No sale of the premises hcreby mo,tgaged and no forb~ar~nce on the p~rt of the MORTGAGEE w ita wccessors or assgns and no extension of the time ;w the payment of the debf hereby secured 9iven by the MORTGAGEE or its successws or augns, ahafl operate +o release, d~scharge, modify change a affect the o~;ginal liab;lity of fhe MORiGAGOR hercin, either i~ wiwle or in part. 1~. h is spec~fically ag.eed ~Mt Yyne is of the eue~ce of this contr~ct ~nd that no w~iver of any oblgarior? herevnder er of tM obtigation sr cured hcreby shsll ~t any time thereafter be held to be a waivcr of the terms her~of w of the insvumeM secured herby. I 1. In aeid;tio~ to the fwego:ng mpnthlY paYments of prirti pal and inrerest required by the promissory npre sc,ured hereby, mortgagar tovenants and agrees to pay to mortgagee w;th each monfbiy psyrnent an sdd~rions) sum estimated by mortgagee to be equal to 1 J 12 of the annual cost of the fotlow- ing: - A-All real properry taxes levied or asussed against the above dexribed resl estate. B-Prem~ums on firc and windstwm ~nsurance as iurein requ~red to be car~ied o~ the ~mprovemenrs sirvate on the above desc.ibed piemises, C-A~emiums an wch mo?tgage gwranty insurante as mor~gagee shall from time to tim~ deem fit to carry on the loan secur~ hercby. N~ortgagee shat! from time ro time notify mortgagor ;n writing of the amaint due and payable heretrnder and suth wm shall thereupon be due and yayaMe on rhe doe date of the next mont!~Sy payment and each succasive moneh thereafter ur.til mortgsgee shatt notify mortgagw of a ctwnge in such a~-~ou~r. Such sums s.hall be applied by mwtgagee toward the payment of real property taxes, insurante prem:ums, and mortgage auaranty insu~ance p~emiums. IN WITNESS VYHEREOF, the said MpRTGAGOR has herevnto set his hand and seaf tMe day u~d year fint aforese;d. / 5--~ ned Seakd a deli aed ' t qes of: ~ ~ 1.~~ ~ ~ ~ Ed~?ard J. rumasZ ,n ~ . ~ ~ ~ .t. C " L.- tij_f -~c 7 ~ 3eaq S ora E, um~asz SiATF OSI~ew Jersey cousvrY of - Bv~ L/ '~G- To ~ Befwe me personstly appeared E~a rd 1. T uR8 S Z a~ F pY8 ~ T~~~~ hia wife, to me well known ar+d known to me to be , rhe md~rduals desa7bed in u~d who executed the forego;n~ instrument, and acknow{edged befae me that they executed the same fw t}~e pwposes therein ~x~~„~d. n~,a rr?~ .~~a Rlora fi. ?umasz wife oi the said EdMra rd .T. TiIOe'~52 ' upon a sepsrate snd privste e,cam~natio~ by me taken aeparate a?~d aparr from her said husba~+d, ackrwvvledqed ~o n~d b~fare me tha~ she exetuted said inst~ument freety and volvrr ra~~ly and w~thout any comp~lsan, constraint, apprehens~on fear of w from her ssid husband. ' ~~7~ WITNESS my hand and official seal this ~ day of Februar - ~ 19 73~ ` ~ . Noqry Public in and for the-State~ oR j.,s' . ge MY ~omrn~ssio~ = Return To: aOT~~e~! _AC , - " First Federal Savings 3 loan Association Mr ~m;~ ~~;r~ Z0~ ~ Of Fort P(er~a. • _ Fort Pierce, Flwida FI~EC ~k. A a', ST. IUCt _ ~ JUMTY F~~, RO~~ ~;~tT~AS CLERIC ~QURF This Instrument Prepared By J. H. Roberts, Jr~FCOa'~ ~~:-._.r~ First Federal Savi~gs ~ Loan Association M~ j ~Q 26 ~H ~ of Fort Pierce, Rlorida r~ Checked B 245~~~ ~~R~ ~1~. ~~~t ~1z1 . y CT) s"y~ ~ .ri'e F _ ' + . y ~ - i _ 3~. ~~y~~ ~ ~ ~ ~ = ~ ~.rt- _ 'Y="_~? • _ `1'~ "x'~! . _ '