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HomeMy WebLinkAbout2025 J. io plx~ ond cw~tinuously keep a? ths (w~:J~~s ~ww w he~caftar utua~~ on sa~d la~d a~x! w? ail cqu~pn,ern and p~rwewl:y cuvereJ by ~hii maty~ ~ge, with al~ premiums thcreon pa~d in fu.i, fi~e i~surancs ~n tM usual st~ndard polity lotm, i~ • sum approvtd by ~hs A10RivAGfE, and vrindstorm ~nsw+nc~ in tM ~swl a~andard pot~cy iorm, in a su~n ~ppraved by ehc MORTGAGEF. in sucl? canya~~y or compa~ues at ri~t AiORTGAGEE may direct; ~nd NI (ir~ ~nd w~nclsro~m insurance poiKiei un ~ny of sa~d lw~~3~nq~, ~ny inte~eit t'r+erein oa part thereof, in tM aggreDa?e sum afofesa~d a in sacess ~Aereof, thall contain ~t?~ usual sandard maegagae ctouse or iuch Wher clw~ ~s ~he kb.t9~gee may requ~% ma1~+r~Q the lois undrr •,~d poti- c~ss. eacl~ a~e+ every, payabla ro sa~d MORIGAGE: as ~ts ~~i~va~~ m~y appea~, and each and evc~y a~ch fal~cy ~hatl be promp~ty ass yned and dN~Ye.rd ro +ny held by ia~d k10RIGAGEE ai fun~.er securiry tc said mw~goge debl, ~nd, not Icss ~F»n ~en (10) dsyi in adva.Ke of ihe eapirat~on o1 sach pot~cy. ro de- livs~ fo said l1itORTGAGEE s.enewal tne~eof, eoqe•i.,x with a rece;pt fw the pramium of fut6 renewal; and Ihere •hall bs no i~re ar wind:rorm ins~rance ~ placed on ~ny of si~d bui!dings, ~ny interes! therein a pa?t thereol, unlcu in ~h~ fo~m aad with IM loss payable as aforesaid; and in tF+e event any s•!m of n+o++ty becom~s payable under s~.ch policy a polic~os said MORTGAGfE thatt have the opnon ro rece~va afx) apply the same on atcoum of tne ind~bt~d~ ness aecured h~rRby p ro pe~mit said MORTGAGORS to ~Keive a~~d use it or any parl ~hereof fw osner purFwses. .rrthoue ~h,r, uI wa~~i~~~ .x r~~~~r- ~ag any equ~ty, lien or r~gM unde~ a by virtw of th:s mo:sgsge; u~d in ~he event u~d M02TGAGORS shall fa ~n~ ~eaion fatl to kerp the sa:d prem;se~ so insur~, a fail to delivr~ ~pnptty any of said policirs of insu~sncs lo i~id MORIGAGEE, w fail pro:np:ly to pay fuity ~ny premi~m the?efa or in a~y respec~ fail lo paEwm,. d~uMrge, earcu~e, eff~ct, compkte, carply with and ab~de by this covenant, w ~ny part hereof, snid MORiGAGEE n,ay pi+ce a~~d ~ paY for such ins~ranc~ or any ~vrt thercof w~havf waiving w af/ec~inp any oprion. tie.~, eqvity. a r;ght unde~ a by v,r~ue of ~his Mwtgage. and ~he 1u'~ amwnt o1 rach a~d eYC~y s~~ch psyment shsll t,e immediately dve and payable and shall bear interest from the date tArreof until Faid at the ~ate ol rine pcr centum pe~ annum J~ IO~C~I1df W~TI1 su:h interest shali be s..~cured by ~he I~en oi this mortgage. 1. To pNmit, tommit or suffe~ ~o waste, impairment or deterioration of uid property q any part thereof. 5. To psr all s~.d a~ngular ~he cotq, ch~rg~s ud e:panses, including a~e~asonable attorney i fes snd costt of abstraeb oi title, u+curred w paid ~t eny lune by said MORTGAG:E, lecauu w in the event of the tailu~e on the part of the said MORTGAGpR ro duly, promptly acd futly perfwm, d~scharge. eaecute, efiect, complcte, compty w~~h a~d ab~de by each ~nd every thp s:ipufstiani, a9reements, conditions, a~d cave~ants o( sa~d p~omF.,ory nore and ~his .narysge ~ny w e:~he~, and sa~d c~rs, tMrges a~d expenses. cach and every, shall be immediately due and payab:e; whe?hcr a not ?here be nor+ce da mand, sitcmpt to col:ed or iuit pend;ng; and the futl amovnt of each snd every s~ch payment shall bear in~erest (rom the date ~F+ereof until paid et the ra~e of nfr~e pa cenam prr a~ww~i; ar~ a:l said tosts, charges and expe~us ;ncwred w paid, toge~her wuh such in~erest, shall be secured by the i~eo 01 th;s mnrt9+9e• . b. That in the eva~t of sny breach of fhis INortgage or defa~It pn the part of the MORTGAGOR, or (b) in the evcnt any of sa~d sums of money herein refarred to be not promptty and fuiiy paid wirhin thirty (3p) days ne,t atter the sanu severj!1y bctome due and payable, wi~houf demand a no~ice. o: in the event exh and every the stipulations, agreements, conditions and covenants oi sa:d promissory note and th:s mortgaga any o~ e~~he~ are not ~uly, promp~ly snd fulty perfo~med, d~xha~9ed. executed. effected, compSered, compl~ed wi~h and abided by, then in e~rher w any such eve~t the u;d ag ~regate sum menrioned in said prom~ssory ~ote then remaining unpaid, with in~erest acuued, and all mooeys setured hereoy, shall become d•x and pay~ ab~e forthwirh, or thercafter, at the opuon oF uid AROitTGAGEE, as fully and comple~ely as ii all of the said aums of money wcre or:ginalty srcputated ro be pa~d c•n such day, a~ythirg in sa[d promisso~y note or in this Mo~tgage to thr coare~y rwtwnhstanding; and thereupoe or thereafter e~ the op?+on of - s~;d MORTCaAGEE, witi,out nor~ce a demand, suit at law a in equity, thercfwe w thereafter begua, may be prosecuted as if all moneys secured hereby nad mawr~d pnor to ~ts irutitutior. 7. Tiu1 in If?e event tha~ at the beg;nning of or at any tirne pending any su~t upon this Mafgsge, a to fweclose it, w to ?eform it, or to enfo.ce payment of a~y claims he~eunder, said MORTGAGEE shafl apply to the Gour~ having jurisd:aion thereof fw ~M appo~roment of a Receiver, such Court shafl Forrhwith appant a rece~ver of said mor~gsged pn~perty all and singula~, inclvd~ng atl and singv~~r the income, proiits, iuves ar+d reve~ues from whatev~r sourc~ derived, each and evny of whKh, i~ bcing expressly understood, is hereby mortgaged as if spec~fica~ly set fo~th and deuribed in the granting and habendu•n ctauses I+ereof, and suth Receiver shall hare aIl the fuoad snd eifective funct~ons and powers in anywiu entrusted ty a Court to a Recriver, and ~~ch appointment shall be made by :uch Court u an admirred equiry and a ma~rer of absolu?e r~gh~ to sa~d MORTGAGEE, and witFaut refe.e~ce ~o rF~e edeq.,acy a inadequaq of the val~e of the prop_rty mortgaged w to the w~vency w insotvency of said MORiGAGOR or the defendants, and that such rems, profits, incwne, issves and revenues :ha11 be applied by such Receiver actotdi~~g w~he lien or equity of said MORiGAGEE and the piactice of such Court. 8. To duly, promptly and fulty perfwm, discharge, execute, efiect, complete, comply w~th and abide by each ar+d every the stipulations, agreements, conditions and coveoants in sa~d promissory not~ and this mortgage set fwth. 9. That in the event ~he ownersh~p of the mwtgaged premises, a any part thereof, ~-ames vested in a person other tFan the MORiGAGOR, the %:•:,R::,A~::, : s:;::ressas ar~ ass:gns, may, w~thout nof~ce to the MORTGAOR, deat wi~h such suctessw or successw in i~terest with reference Io this morsgage and the debt herebr secur~ in the same manner as w~th Nbrtgagor w~thout in a~y way vitiati~g pr d~uhargirg the Mo~tqagors' liabi~ity F~err under or upon ~he debt here..y sec~red. 1Vo sale of the premises lkreby morlgaged and no fo+beara.~ce o~ the part oti the MORTGAGEE ~ its s~ccessors or assigns and no exte~sion ot the time for the payment of the debt he.eby stc~red given by the MpRTGAGEE o~ its successors or ass:gns, a~;all operate to release, d~xharge, modiiy change w affect the o~iginai lia~~lity of the MORiGAGpR herein, eitF~er ~n whole or in part. t~. It is spec~ficztly agreed that t~me is of the essence of rhis cont~ac~ and ttiat r+o wa;ver of any obl~gat~on he?eunder w of the obligaYan sr c~red hereby sMi! at any time thereafter be ha~d to be a waiver of ~he terns hereof a of the instrument secured herby. 11. In add~tio~ ro the forego:ng monthly paymAnts of pr;nt pel and inre.est required by the promissory no~e secured Fxreby, mortgagor covenants and agrees to pay to mo:tgagee vvith each month~y payrnent an ad3~~Ionaf sum esrir.:ared by mwtgayee ro be eqva! to li ~2 of the annual cost of the fo~low- ~n9: A-All real properr~ taxrs levied or assessed against thc above dexribed real estate. B-Prem~ums on f~re and windswrm insuracce'as herein requ.red ro be carried oe the improveme~ts situate on the above d=scribed p?emises. C-P~cm;vms on such mwtgage gua+anty insura.:e as mortgagee shall frc~.+ rime to time deem fit to carry on the loan secwed herrby_ Morrgagee sha~! frorn t;me to rime not;fy morrgagor ~n writi~g of the amount due and paysbte hereund..x and such surn shall thereupon be due and :.aya5le on th¢ d~e d~te ofi ~he next month:y payment a~d each successire month thereafter urtil mortgagee shall not~fy mortgagor of a change in such e~~~ounf. Such sums s~:ait be appiied by mortgag~e toward the payment of real property taxes, insurarfce prem:ums, arto matgage guaranty insurance p•emiUms_ IN WIiNE55 NHEREOF, the said MORTGAGOR has hereunto set his hand a~d seal the day a~d year first aforesaid. S~gned, Sea~ed anct delivered in the presence of: A, L~ . ? ~a~ _ e~%- s~i-a-L-! 1 s t t ' B11~QI1 ~Yt1II a~ielnr f~4 ' r • _ - ~s~n cs~a~~ STATE OF fi$Qlmie 0~110 j couNrr oF _ ~ LAiCE ~ u' sefa~ me pe.s~na~~y ~pp~a,ea Bileen Mattir.. a widow ~ rhe individw drscribed in and who executed the for o' ~~K to me well known and kroown~to me to be . y eg u~g instrument, and a~kno,~,ledged before me that ~ executed the same °for.t(?e pwposes thereen expressed. /Ni~M1f=~ ~ ! _ =~IE~t71Rii~~ Y ' • ~~matca~s+e~tat~CArsals~~lfbl~~li~iet3li~~f~i~iddsadc~eet~ad~f~ss]~Lyb~aeaaifee~#~sk~~4lpq~t If~ ~m~~a~hootl~i~f~LC~QiOtL~~31e~OLaf~1l~s~C70~~ _ ~ : WITNESS my hand and ofiicial seal this_ a L~' ~y of P'ebruary , q. p: t9_~_ - - v - ' l~ ~ Notary Pubtic in s r tF~e Sta • b"FJor#ip .at targr My Commtissioe ex ' : - ~ Ruum To: TIt'~T',~r F r c~~~7iK. A~tOif~~) R ~.~~:\'1 Firit federa0 Savinqs b loan Asspciation ~y~TA~Y :-,~---•C -Tqrr C;F Cf1 ' • - Of Fort P.e; ce. ~~~~~u~ ; ss np dcpirataa d~t~ , fort Pierce. Fiorida Se;tiop 1~7.03 R.C. ~I~EO ~ti:U ~:EGOB~ED ~tiCtE C~U1iTY ~A. ROLE k ?~iiP.,l: This fnstrument Prepared 6y J. H. Roberts~ Jr. t CtERx ~ ~',;;u1f CObRT First Federal ~av~ngs 8 Loan Association PFC~~~ v= Pr: ~EO of Fort Pierce, Florida T Checked Byl_~ ~ ` 26 /1!7 ~73 BUDK z1~. ~ac~ 2491'74 ls K,~'cC . . ~ _ _ `~~fi-s' ~ ~ ~ _ : ~ ~ L` ~ R~- .4" . -Y ~ .'_y X - ~ * _ _ - .5'~ ~ 4'. ~ . e ,