The URL can be used to link to this page

Home My WebLink About2484 J. io p:ece e~d coni~nuo.,siy ?e~cp o:~ tl~e Lu~ ~i~~.~t nuw w ~~rrealta~ ~~+wie on sr~d i~nd ar.d on alt cy,~~.~+~~m and pe.ua~~~ly co~r~~•d by ~h~~ ma~g- p~, with all piemw~n~ ihr~con pa:d ,n Iuil, I~~e i~~sw.n~~ ~n ~he ~wel ~~sl~e~d ~o!~cy twm, ~n • ~um ~F,prorcd by ~ha htGR:GAG[f, •~~d w~ndsto~m ~n~urMC~ in tM u~wi ~r~~K/,,rd ~.o~.cy fam, in •~u.n a~pioyed by ~M MORTGAGEE, in tuch company o~ conpames ~i ~1N MUAiGAGEE may dfrect; ~nd aU (ire a=~d w~~d~~orm msu~ance polK~cs on ~ny of sa~d b~i~d:nqf. any inte~est there~n or p~rt ihereol, in ~he ~99rry~?e Wm dor~~a~d a in taWSf Ihereof, sh~ll co~~ain the uswl standa~d mo~~g.+gae tlauss ot wch other t4uss a• fM Ma~g~yee may ieyu,r~, maAinp Ihe los~ unJe+ se~d pol4 ci~s, e:ch •nd every, pay~b!a ~o sa~d A10RTGAGEE as ~ri ~ntrrr~~ may appeu, arx! e~ch and e~e~y iuch po~~c,r thell b! pro~nplty •is g~,ed and dai~.er~d ~o ~ny hetd by s~~d MORIGAGEE as (u~~her ~ecur~ty ?o ss~d mor~y~sge debt, •„d, oo? less ~Mn ~en (101 days in ad:s~ue o1 the e~p~~~t~pi of e~ch pof~cy, to dr fivN to taid MORTGAGEF a ~enewtl el~eicof, ~o9e~Mr w~~h • rece~p~ lo~ the pra~n~um ol such re~~ewei; ar~d it,rre ?helt be ~w 1.re c~ w~~~di+o~m ~nw~ance p~ated on any ol.s~id bu~ld~r+gs, sny intaresl therem a part thereof, unle•u in ~h~ form and w~~h the loss payeble as ~loresaid; ~nd in ~h~ e~ent any sum of nwMy (xcomef payable u~tide~ such policy a poLuos se~d MORiGAGEE sh,ll ha~s ?he opuon ?o ~ece~vn dnd apply il.e aa~ne on acco~n~ ot ~Ae inJ.•u~rd- nets secu~ed hzreby w to {xrm~t sa~d MORTGAGORS ~o reteive and uN it o~ any pa~t th<~eol loi ct1:~•~ pu~;•ost•s, ..:+ho~t ~h•,.u~ u~ ~~~~p„u- iny any eqwty, Gen w right under or by virtus of thia ~nor!g~ge; ~nd in the event sa~d MORTGAGORS shaH iw any reason (ail to kecp ~he said p~emisrs so +nswed, o~ fail ~o deGve? promptly iny of sa~d polKie~ of insuranc~ to sa~d MORIGAGEE, or faJ pro~„ptty to pay f„~ly any premwm thc~eior or in any resped lail to pe~Form, d~scha~ge, eaecute, etfeu, complete, comply with a~d abide by th~~ covenant, p any part hereof, sa~d MGR(GAGEE may piate a~~d pay fa wch inaurar~te o~ any part thereof wirhout waiving or atfecrir?Q any opGon, leen, equ~~y, or r~gh~ unde~ or b~ v~~tue of this Mo~tya9e, and thc tull ~mount of each and every such paymeM shall be immcdiatefy due and payable s~x1 thall bear interrsl Irom tho date thereof until p~~d at the rate ol , nine per centwn per annwn and to~rth.•r with wch imerest shaN be secu~ed by fhe lien of this mwtgage. 1. To permit, commit w suffer no was?e, impairmcnt a defe~ioration of sa~d property o~ any pan thereof. S. To pey •11 and s~ngular the cosN, charge~ and e~penses, includ~ng a reasonable slto~ney i(ee and cosls of abstracts of title, incuned or paid at any fime by sa~d MORTGAG'E, because a in ~he event of Ihe failure on the parf of the said MORTGAGOR ~o duty, pranp~ly a~ fu~ly perlorm, d~scharge. execute, effecl, comptete, comply w~th and ab:de by each and every the stipulehons, agreements, conditions, and tovenants of said promissory note and ~hi~ mwtgage any or ei~her, and a~~d costs, charges and eapenses, each and every, shall be immed~ately due and payable; wheiher w not there be notice dr rnand, atlempt to collect o~ suit pend~ng; and the futl amount of each and eve?y svch payment shafl bear iNereat /rom the date thereof unril pa+d a1 the ro!e of nine pe~ cer~rum per an,~urn; and all said costs, charges and expenses incurred or paid, together w~~h such inte~est, shall be secured by the lien of th~s mort9sge. 6. That (a) in the event of any breach of this Mwtgage or deiault on the part of the MORTGAGOR, or (b} in the event any of sa~d sums of money herein referred to be not promptly and fu!!y paid within th,rty !30) dayi nexi atter the same severally become due and payable, wi+hout demand o? notite, or (c) in the event each and every ~he stipu~ations, ayreements, conditions and covenants o( sa;d promisso~y note and th~a mortgage any w either are not iuty, promptly and fully performed, d.scharged, executed, etiecfed, completed, compl~ed with and abided Sy, lhen in e;ther o~ any such event the taid ag gregatg sum mentioned in said promissory notr Ihen remaining unpaid, with interest accrued, artd all moneys secured hereby, ihall betome due and pay- able forthwith, or thereafter, at the opt~on of s~id MORiGAGEE, as fully a~d completcly as if a~l of the said sums of money were wiginslly sr~p~tated ro be paid on such day, anything in sa:d promissoiy note or in ~his Mortgage to the contrery notwi~hstand~ng; aod thereupon or thereafter at the option of s~,d MORTGAGEE, w~rho~t notice or demand, suit at ~aw w in equ;ty, the~efwe w thereafter begun, may be prosecuted es if all moneys setured hereby r_d maWr¢d pr~w to ~ts insGtut~on. 7. Thar in the e~enr thar ar the beginn;ng of or at any time pending any suif upon this 14kxtgage, or to faeclose it, or to refwm it, or to enfwce payment of any claims he~eunder, said MORTGAGEE shall apply to the Court having ju~iad~crion thereof for the appointment of a Receiver, such Coun shall Forihwith appoiM a receiver of said mortgaged propzrty alt and singutar, includ~ng atl and s~ngular rhe irtcome, p~ot,ts, issues and revenues lrom whatever sevrce derived, each and every of wh~ch, it being expressly unde~stood, is hereby mor~gagrd as if spec~fically set forth and describetf in Ihe granting and habendum clauses hereof, and such Receive~ shall have all the broad and eifecrive funu,ons and powers in anywise emrusted'by a Court to a Receiver, and s~ch appoinrmertt shail be made by such Court as an admit~ed equity and a matter of absolute right to said MORiGAGEfi, and without reterence to the adequacy or inadeqvacy of the value of the property mwtgaged or to the so:vency or ~nsotvency o( said MORiGAGOR w the defendants, and ~hat such rems, pro(its, income, issues and revenues shall be applied by such Receiver acco~ding to the lien w equ;ty of said MORTGAGEE and Ihe praUice of such CouA. , . 8. To duly, promptly and fully per(orm, discharge, execute, effect, complete, ccmply with and abide by each and every the StFpuiations, agreements, cunditions and covenants in aa~d promissay note artd th~s mortgage set fwth_ ' 9. That in the erent the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORiGAGOR, the N.ORTGAGEE, its successo~s and ass~gns, may, wifhout nonce to the V102TGAOR, dea! w~th such successor w succeasor in interes~ with reference to this Rro-tgage and the debt hereby secur~ in the same manner as w~th Mor~ga9or w~thout in any way vitfa~ing or d~uharging the Mortgaguri liability herr ur.der w upon the deb~ hereby se:~red. No sale of ihe Fre~nises hereby mortgaged and no for4earance on the part of the fAORTGAGEE or its svccessors or assigns and no extens:on of the time for the payment of the debt hereby sec~red given by the MORTGAGEE or its su_cessors or assigns, atiell operate ro reiease, d~scharge, modify ~hange w affect the ong~na) liao~lity of the MORIGAGQR herein, eitFxr in whole or in part. 10. !t is speufecally agseed tha! r;me is o! the essence of this contract and that no waiver of any obl~gat~on hereu~der or of the obligation se- cured hereby shali at any time thereafter be he!d to be a waiver of the terms hereof w of the instrument secured herby. 11. In a:id,t~o~ to the forego ng mor.thfy payments of pr~nc pal and interest requ~red by the p.om;ssory no!e secured hereby, mortgagor covenants a~.d agrees to pay to mortgagee ~.+th each mvnthiy pay..:ent an add,iional sum estin:ated by mortgagee to be equal to 1 i 12 of ~he annual cost of the follow- fny: ' A-All real prOperty fdx25 1eviC~ o. assessed agai~~st the above descri5ed,rcal estate_ _ B-Pr~~n,~u~z~s on fne and w:ndstorm ir.surarce as here~n ~equ:red to be ca~ried on the improv~me~ts sltuate on !he above d~scribed premises. C-Pre~r:iums on svch mortgage guaranty ir.surar:ce as morlgagee sha;l from t;me to time deem fit to carry on the loan secured hereby. Mortgagee shaN from time to time no!~fy mortgagor in writing of the amount t)ve and payable hereunder and such sum sha? thereupon be due and ;..~yable on vhr due oare oi ~hs r.ext month:y payment and each successive month thereafier until mortgagee shall noufy mortgagor of a change in such a~•:ounL Such sums shail be app;ird by mcrtyagee fo•~vard the payment pf real property taxes, insurance prem:ums, and mortgage guaranty iniurance c'emiums. IN wITNESS ~'fHEREOf, fh~ said MORTGAGpR has hereunto set his hard and seaf the day an year first aforesaid. Signed, Seafed and de1' ed in t presence of: ~ Seaq IM~d TO 80 (Sea4 . (Seal) - Ka TO ori ~~a,~ Si OF FLORIDA ~ , cour~rY oF _ St• Lnc~e 1~~ Before me personat(y appeared ~Ollald E• ~~s01I a~ ` ~Atbr~ M• ~~SOn his wifr, !o me well known and known to me to be , rhe ~ndrv~duals described in and who executed the fwegoing instrument, and acknowledged before me that they e:ecuted the sam! for the purpose~ rh>rein expressed_ And the said ~Ht~1Z{/fl M. 'r0~[fiOII " . r~ife of the said ~OIIa1C~ E. TO~DSO!! upon a-separatF•,s~ prjvate e¦am~nat~on by me taken separate and apart from he~ said hu~band, acknowledged to and befwe me thaf sbe executed said jnstrvrrSetSt freery and typiurr rar~ly and w~thovt any compuision, constraint, apprehe siqr~ w fear of or from her said husband. ' TA A ri2 WITNESS my hand and offiual seal th~s_ day of A; ~,'~73 „ I ' ~ No ary Public in and or t bhte of Flqida it La.ige' • My Commission e~pi?ef: ( ' O k :4~' / ^ J `l Retum To: ~ Fint Federal Savings S loan Associat~on . Of Fort P.e•ce. • ~ • ' i, ,;{t.i: Fer: F~~•,ce, f~ortda : ~~,,...1e~. . FiLLQ ihT~-izL~~~?~sD This Instrument Prepared By ~J~ H• Roberts~ J~7 :~;k,-Y Ft+1 ~ First Federal Savings 8 Loan Association R~~: ~aaS ~ of Fort Pierce ~ RlOZida Q~~ t - _ ~ =~;iRT ~ ~ ' ` ~ • Checked By ~ - APR ( f~ ,~516'79 ~ U ~o~K 212 pA~f~485 ~ ~ ~ _ - - - - J ~"c~ hF'~ -1 ~ s~~~ ~ - ` ~ ~ _