HomeMy WebLinkAbout2313 3. ?o plap ~nd continuousFy ~ep on th~ bwWwy~ raw a Mw.~afw~ ~~+~N on ~id ~a~d ~nd ow all ~quiprnMl and p~rwnalh cow.~d by this wwrq~
p~, wi~h dl pr~miw~y ths.eon pa+d ;n fv1l. fir~ bwrar~ in tly uwN swdard potiq ~onR i~ ~ wiw ~pprowd by• N» MORtGAGEE. ~nd wint~wnw
iroww~a b tM vswl s~u+dard pd.c~r fa~R swn ppowd by M~ MOtTWGEE. G wd~ ~y a oawpwwa M ~M MORTCsAGEE iway
dr~t~l ~nd aH fin ~nd windstona inwrantt poiici~s on «+~r of wid buildinp~, ~n~r wM~rtit IMqin w p~rt Nwwf. in 1A~ pysp~N wiw ~1o~qaid o~
in ~+~oNS tMrw~. sh+lt oontwn ~M ~wa1 uandard inorq+g~ dw~e a wd~ alwr dww as ~M Matp+Y~ efw ~w~~. ~W^Y ~ 1oN undu ~a~d po1F
ciN. wch and w..y. wraW. a wid MOttGwGEE as in ina.es~ may app.ar. .nd ..d~ and ~vw~r sucA po+ic~r .hd~ b. aoTp~h .s..qrwd .nd dN:wred a
.n~ hdd by ~tid MOilIGI?GfE as fvr+lw .scwitp a t.ld nwrp+p. d.b~. an~L ~a 4w IA.n N~ (l01 days in adv.nc. ot M+. •apir~tion d..d+ poGcy. a dt
liv~r b Nid A10RTGAGEE ~ r~wal tMrwf. Iop~~Mr wah ~~~pip~ fa 1M pr~ d wd~ ~~w~lj and Mw~ ~hall b~ oo fir~ a wiridswrm 'wuu++nu
plaad on any oi s~id buildinps, ~nY intaat ~rein or p+a th~rwf, w~s~ ;n dr form ind witb d~ low payabb ~s ~faa+id: ~nd in tM ~wia anp sww
of ^weNY becortws payabl~ wd~ wd~ pdicy or poGci~s s+id MORTCsAGEE sh+ll Irw ~he opt~on a r~csiw r+d applp tM sa~n~ on acw~rn of 1M jndsb~~d
n~ss Ncwed he~eby or b ps.mit said MORTGAGORS a rep:w and w~ h or ~ny part r1.sr~of fo. o~he~ purposes. w~~houi the~eb~ wai~inp or Mnpair-
~~^Y ~~h li~n a ~ght w~der a b~r vinw oi tlrs mort~ap~t ~nd t~ tFn tw~u M~d MORTGAGORS shall fa ~ny r~ason /ail w keep tl» s+id p.w+naes w
i~aw~d. a fiil b dd~va Pranplr +~w d said polic~es of imur~nn b wid MORiW~GEE. o. f.a wo~w~h +o wr ~~th «w P~«+~w~ Mw.efo~ a y+ any
~esp~cf (~11 ro p~rfae4 discharye. ~xeat~. ~ff~a, cornplN~ eoa~plY whh wd abid~ by this aov~nant. a any pin Fwwf, s+id MORTGACEE may pl~u u~d
WY fw wch imwanc~ a any pa.t tlweof wi~hov~ waiv'a~p or affedinp +nr oW~on, Iyn. equfi?, or ripM w,da w by virtw of ~Iw Mor~p~p~. «+d rM
full aaaunt of tach and tvtry wch paynwM slyll ho inrn~distNy dw ~nd py~b4 and r1y1! besr Lehrest froen th~ dsN tha~oi until paid a~ tM rst~ d
n'a~t per amum p~r ~mum and toQe~her with wch intc+est shatl b~ setwtd by Ih~ li~n of 11r~ mortp~p~.
To permit, oo~r~nrt a wffu no waa~~. LnWi.ment or detsriaation of said properfp or s~r part tlwrwf.
S. To pay dl and w~putar the costs. chir~s and sxpen~es„ incl~inp ~ ~easonabls at~omey'a fe~ +nd cosa of ~bst.+ets of titl~. incvrnd a p~id ~t -
sny rin+e by said MORiGAGfE. lxc+us. w in d+e evsnr of rh~ f•i!w• on ~he W+} of ~h. said MORTGAGOR a duy. P~a^~WN ~h? V~?+a^*. dacha~~
execut~. ~ffen. cor^Pk~~, comply with and abide by ~acfi ~nd wery th~ stiPul+t~ona. +9rear~e~ts. oondit~ons, and oown~nts of wid promisso~y ~+nd tha
mw+9+y~ a~ryr or ei~her, and sa;d aosts. dwr~s and ~xperws, ~ach and wsrr, siwll bs inwnediattly dw and pay+blt: whsM+N w no1 ther~ bt notiu ds
rr+and, a»anpl b collect a wit p~ndinpj and tht fvll arrqwq of wd~ and ewry w~d~ p~ym~nt sh~ll bw imerest fran t!y d~N 11weo1 until paid at th~
rate of nine per centum per a~uiu:n; and a11 said costs, chuQes and expenses incurred a paid, toysthN rrith sutb inta~st, tlMll b~ s~curd by t1M lisn of thq
motfp~p~. '
a nwt (a) Fn the ewm of any b~acfi of this Mortpay. w def«,h on th~ p~A of th. MOaTCAGOR, or ro) in th. wem arry of s~~d aum of mo~
herein re(ernd to be rat promptly and fully paid within tlwty (30) days ntat sfter the sanr severaltr becwne dw and payabit without dsmand or eotiu.
or t~ i~? the event ~ad+ snd every the ~tipulation~, aprsane~q, cond;rions and coverw~ts of sa+d pomisswy note snd tlws mortqs~~ ~ny or either ut no1
*+h. P~o'^Plly and fu11Y PQrformed, diacFurged, eaecvted. ~ffeded, cae~le~ed, co^~plied with a+d ab~ded Sy, ttnn in either a any wch ewM the s~id ag
preyat~ swe ma+tioned in wid promissory note the~ ramsinirg unWid. with interest accrued and ~N moneys ~ecwed herebr, sh~!! becon» duR snd WY~
.ble fonhwith, w thereaher, af th~ option of said MORTCaAGEE, p fuly and compktaly as ff all of the wid wnu of nwner wer~ oripioaly sYpulated
to be paid on such day. anythi~p in sa~ prom~ssory note a h tlrs Mortpa~e to the tomrary notwirhstandinp; snd there~?pon a ther~aNer a~ tht option of
said NWRTGAGEE, wirl~out notioe or demand, wit at law or in eq~iy, therdae a thereafter be9vn. m~y b~ prosecvted u if ~II moners s~cvr~d hsreby
had matwed prqr to its inttit~tion. .
7. Thrt in the event rhar at the beginning of w ~t arryr time pe~rg any w;t ~rpon this Me.tg~pe, p fo faeclo~e it, w to refam it, or to enfora
paymer?t of u?y ctaims herevnde?, s~;d MpRiGAGEE shall apply to tht Cowt Asv:np jw"rsd;diow ~J»reof for the sppo~ntmcnt of a Receiver, wch Gwrt shall
fwthwith ~ppoim a receiver of said mortgx~ed property all and singular. indud~np aU and w?qular the incan~, profin, iswes and revenues hom whatwa
source derived, each and every of which, ir bc~np ~~cpressly wders+ood, i~ f~er~by mony~pcd as if spec;fiully ser fwth and desuFbed in the gr~ruirp and
habendum divses hercof, and such Receiver sh~ll h~ve all the bro~d ~nd ~ifeuiw firnaions and puws~s in anywise emrusted by ~ Co~rt fo a Receivsr, and
s~ch sppointmcro shaU be made by wch Court a an ~dmined equity snd a n»na~of ~bsol~+te rgM ro ssid MORTGHGEE, and witlwut reference a tM
sdequacy or insdequacy of ehe wtue of the property mor~yaped a ~o ~he so~vency a:nsoh~ency of ssid MORiGAGOR a the defendams, N,d ~hat such
rcnn, p.ofits, incorne, iswes and revenws ihall be appl;ed !>y wd, Rece;,,e~ acw~d~np a the lien or ~q~r;~y oi said MpitTGAGfE and the pwctic~ of wch
Court.
8. To dufy. P?omP~h and fvth~ Pa~to?m, dnchirge, e:eoute, effect, compkte, c«nply wirh ~nd abid~ by eadi snd twry th~ stipulation~„ ayreements.
co~tiora and coven~nts in sad promissay note and this mwtpaqe set forth
9. TMt in the evern tl+e owncrship of the mortg~ed prem;ses, a ury psrt thcreof, becwnes vested in a person otl~er than the lU1pRTGAGOR, the
MORTGAGEE, in wccesso.s snd augns, m~y, w~tho~f notice to the MORTGAOR. deal wirh such suaessor a auccessor a~ L»erat wirh roference to this
mortg~ge ard the drbt hereby secwed in the same msmer as wi~h Mo.tgago. w~~hovt in u~y way vitNtirg or d~s~lw
under a upon the debt hereby secwed. No sak of the Fremisct her H1° ~~9'Q°fs' lisbiliry hert
eby mort9aped snd no fwbearance on the put of the MORTGAGEE a its woussws
or +uignt and no extension of the rime for rhe paYment of fhe deb~ he~eby sea,red p;ven by the NIORTGAGEE w its svcceswrs a aug% ah~ll opent~
ro rekase, discha~ge, modify change or sffect t1?s wiginal Iiab~Gty of ~he MORTGAGOR hsrein, either in whole a in part-
10. It is spccifiully agreed that firn~ a of ths esse++ce of this carrsef ard tl~at no wsivd of any obligation herevnAer or of the obliy~tion ~e-
cured hereby shall at any time tixreaher be held ro be ~ wairer of tF+e tenrn he~eof a of the instrumerM secwed herby.
11. In add:fion to ll+e forego:ng mo~thly p~Ymeny of pinc'psl snd imerest rcqu"ued by Ihe promis~ory note secwed hereby, mortgagor coren~nls
and agrees to pay to mortgagee with exh momhly psyrnent an add~~ion~i sum est~mated by mortgagee to be equal to 1/12 of the annwl cost of the fdlow-
ing:
A-All resi property taxes kvied a assessed sgair?st tlie above described resl estste. ~
B-Premiums on fire and wirw~storm insu~ance as herein requ:~ed to 6e carrird en the.:mprovemt~ri sitwte on the sbove desc+ibed premises.
C-Premiums on such mortgage gwranty irswrar~ce as mortgsgee sha11 from t:me to time d~em fit to carry on the ban secured hereby.
Mwtgagee shail from t~me to timt notify mo.tgagor in wr;ting of tfie amount dve and p~yabk here~rrder snd s~xh sum shall therevport be dve and
payable on the due dau of tMe next monshly payment and exh successive mo~~h thcreafter ur.~il rtartgsgee shall notify mortgagor of s charge in sucl~
amouM. Sucfi sums shalf be applied by m«fgagee soward the paymerrt of rea) prope~ty tsxts, inwrance prem:ums, and morty~Qe gwranty inwrarce
premiums.
IN WITP~fSS WHfREOF, the s~id MORTGAGOR hss hereunto set his lund and seal snd yesi fint afotesa+d.
Sipned. Seakd and ~slivered in the prese o~:
i }
R d e ~
n
- - e
STATE Of FLORIDA ~ .
cour,n oF _ st. Lucie
Before me persw~+lly appeared R~nald D,~boefer
and
.IQ AIIIf iCA~efQZ Frs wife, to me well known ~+d known b me b b~
the individuals dexribed in and who execu~~d the faeyoirg umsn~, and aduwwkciged t»fore me that thty e~wted t1a sarrw for the prrposes
r~.~M exa~d. a,a r~ ~,d Jo Ann Koppenboe~er
W;r~ of r~ .,;d Rona ld D. _ KAVpenhoef ez
e~ami~ation by me taken, separate and spart from hp qid Fwsbsnd, xlcnou,ledped to ~nd be{pe m~ ~~~x~~ ~F
rarily and w~thovt sny canputsan, cwnersint. ~ppreheers;on, a feu of or from her said hvsbu~d, -,.~~?.~u,..?,'` -
W(TNESS my hand and officisl sea! rh:s _7 l
d+Y ~ - r•••• •
~r :r_
I
• Public in for •of 'id! tl j,ar~ ~
Retum Ta My ~ e~~' ~ ' ~i ~ 's~.
' G j' ,
fint Fsderat S,viAp~ i loan Associat;on : J .
i ' ' ~ .,~,~r
O( fwt P;erce. ~ ~i • y Q, : {l ` :
Fori Pierce. Flwids ~ii ~1~ ~
_ . ~EO;tir•
~TA
This Instrument Prepared By Deilnis P. Holeryer ~u~~~~p~jg~R~, ~
First Federal Savings b Coan Association ROGEA P81IR~~
of Fort Pierce~ plprida ?F~aRG YEB fif0 C,.~..~.:..
' `h~`~' BY Art 9 8 os ~'T3 , -
o R ~S1S48
. BGGK
21~ PACE~,J13 js
_ i