The URL can be used to link to this page

Home My WebLink About1235 . ~ To plac~ ~nd conti~WpNfly kNP Of1 IIN buildin~ f10W p FyfHfiN NfWN Of1 Nid ~Mf~ MiI 011 ilI eqVipiMI11 i~ ~!/fOA~IIy COVlted by tAis mat¢ p~, with ~II prtmiwn~ tMrwn pa~d in fvll. fire in~ur~nu in th~ vwal studa~d policr form, in ~ sun+ ~pp~owd by ~M IYWRiGAGfE. and wintbrorra ieaw~ h ~M wwt pandud pof~cy iorrn, tn •~wn approv~d by tM MORiGAGEE. in tucA company a ca~pan~N a tiw~ N.ORTGAGEE may ~ dinectj ~nd all (ir~ ~nd wie~twin Gaw+~a polici~s on ~ny of s~id b~iW~np~, ~ny InNr~ tMr~in w put ~hKwf, in ~M aqyrpp~ w~? ~(a~W a 1 M~xqss tl~wf. ahall cont~i~ tl?~ ~w+l ~~~ndud mor~9pM cbuw a~uch aha cfavW u tly Mortpapee ~y ~~quw~ makirp tM ~ost und~ s+~d Poli~ ! c»s. aach and ~wry. A+Yab1~ w ~aid MORTGAGEE ~s its in~Kes~ may ~pp~a~, and each and ~wry s~ch po~ky sMtl b~ prw~+PUy au.yoed and del~v~red ~o ~ any Mld by said MORTGAGEE as furtha sec~~ity ~o said ma~pa~ d~W. and, nW Iqs thu~ 1tn ll~ dap G? sdvanc~ ot tM s:piration of ~ath polity. to dr liwr to aid MpRiGAGfE ~ r~w~1 ther~of. ropt~hM wiiA + rsuipt fw th~ pr~miwn of wch rNxwalJ ~nd ~Mr~ shall b~ no f~n a wi~dsiam i~su~ance p~itfd 01f My OI Hid NVIW/~~. ~y ~{111H~it IMtfifl Of pMt iF~MlOf. unless in th~ form ~nd with tM loss ~paYa61~ a! alOtff~1~ ~fld III IM ~VMI af1Y wm of nwn~y btcorn~~ pay~ble undN suci~ pol;cy w policiy said MpqTGAGfE tAall haw th~ opt~on ro?~oeiv~ u~d ipply tfis sam~ on accow+~ of tM indebred~ neas s~tvnd ht?eby o? p pe~mil s~id MpRTGAGORS ro reotiw M~d u~ it a any put tAereof for other purposes, without Iharebr waivi~~y a ~mpair- irp any puity, 1'~n or rght uoda or by v4tw of thb mortpa~e~ N1d III iM ~WHI Nii~ MORTGAGORS fINII I0I i11y ~eason fai! ro keep ~he saW p?emises w tnsured, or (sil b detivar promptly any of said polici~s of leswu~ca ro said MORTCsAGEE, a fail promptly to pay f~lly any premium th~r~tor w in any ~~sp~a fai) w pafarn, dischuge. exacut~. ~ffect. complN~. complY wlth and abid~ by this oovtnant. a~ny pa~t ha~of, s+id MORiGAGEE may plsoe and p~y fa wch irrwanos w, any p~rt tM•eo( without wdvinp or ~ffectinp any option, II~n, p~~ty. a ripht unda a by virtw o) thi~ MatQ~pe, and tM full ~mount of ~sch u~d wery wch p~yment sh+ll bs irteoedi~t~ly dw aod p~ysbb and sh~ll bear i~tereit from ths dst~ thsreof until paid +t ~hs ria ol nlne per ta~?tvm p~r annum and togelhe~ with ~uch interest sMll b~ secured by tM li~n oi this morfyag~. 1. To p~mdt, oomrnh or. wffer no wut~, impakm~nt o~ detKior~tion of aid propaty a~ny p~rf t}wrebf. S. To p+y ~II ai+d sinyuta the costs, chu~es aod expenies, 1ncludiny a re~sor?~ble ~tlwney't fee a~d cosb of abstncts of title, incur~ed a p~~d at any Y~me by said MORTGAGfE, bec+~ w in ths ewet of Ihe f~ilvre on ths pin of /M said MORTGAGOR 1o dvly, promptly and fully perfam, dischsrgR execute, effect, compl~te, comply with and ~bide by eacfi and every rM stipvlatio~s, spreeme~ts. conditioru, and mvenants of said promissory nots and this +nwtgap~ any w ei~her, ~nd wid costs, chu9es ~nd ~xpe~ses. c+ch and wery. sMtl b~ immedialely dw and psyable: whetMr a not there be notice d~ ms~d, attempt to oolkct or wit pendingj ~nd the full a~ew~nt of esch and wery such payment shatl bsa? intereit (rom the dat~ thereof until paid d the ~ rate o~ nine pe~ centum per aro~um; and a!1 said costs, charpes and expenses iocvrrad w paid. together wlth such interest, sMll b~ ~ecured by ths lien oi thu t mortys~. 6. iha~ (s) in the eveM of any breach of this Mortg~pe or defa~lt on the part of the MORTGAGOR, w(b) in the evc~+t ~ny of sa~d swns of nwney herein refe~red to be not promptly a~+d Fully paid wirhin thi~ty (30) d~ya nexl af1H 1F?s sam! sevsr~lly become due a~d payable. without dem~nd o~ notics, or (cj in tht evem each snd every the stipulations, agreenxntt; conditrons and covenants of ia~d promiuory note and th~s mwtpape sny- a either are no1 iuly, promptly ~nd fully performed. d~scF+~rged. executed, ef(eded, completed, complied with .and ab+ded Sy, then in ailher a ar~y such event the said ag g~eg~f~ wm mentioned lo said promiuory note tFxn remaining unpaid, with interes~ xuued, and all moneys aecured hereby, shall become dw and pay- able fotthwiM, w thereafter, ~t the option of said MpRTGAGEE. as fully and tompletely as if •11 of the said wms of money were oripinally stipvlated to be paid on s~cl? day, anything in said promiuory r+ote a In this Mortgage to the contr~ry notwithstandiny; and thereupa+ w thereafter st the option of said MORTGAGEE, without notice o~ dem~nd, wit at law w in equity, therafwe a there+itcr beg~n, msy be prosecuted as if all moneyi sacured 1?ereby had mat~red prwr to irs insritutio~. 7. That in Ihe event that af the beginnirg of or at any time pending any suit ~pon this Mwfgage, w ro foreclose iL or to refwm if, w to a?fwce paymeM of any claims hereu~der, said MORTGAGEE shall spply to the Covn having 'ryrisdicfion thereof fw the appo~ntment of ~ Receiver, such Court shall fwthwith appoint a receiver of said mortgaged property afl and singutar, inctudug alt and singvler the uuome, profits,. issves and revenues from whatever wurce derived, escb and every of which, it baing expreuly understood, is hereby mortgaged as it spec~ficalty set fath and deu.~ibed in the gr~ntir?g and Rabcndum dauses hereof, and such Rcceiver thall F~ave all the bro~d snd effective functions a~d powers in anywise entrusfed by s CouH to a Receiver, and such appointment shall be madc by such Cowt aa an sdmitted eqvity ud a mstte~ of absolute right to said MORTGAGEE, snd without reference to the 1 adequscy or inadequacy of the v~tue of ~he property mwtgaged o? to the sonrency w insolvency of s~id IItiORiGAGOR or the deienda~ts, and that such ~ rents, prof;n, intome, iuues snd revenues si~aU be applied by s~th Reteiver according ro the lien or puiry of said MORTGAGEE snd the practice of suth ~ CouA. - { 8. To duly, p?omp~ly and fully perform, discharge, execute, effect, complcfe, comply wilh and abids by each and every the atipulations, agreements, ; conditaro and covenants in said promiuory note and this mortgage set fwth. 9. That in the event the ownenhip of the mo~tgaged prem~ses, or any psrt thereof, beoomes vested in a person other shan the MORTGAGOR, tM MORTGAGEE, its successors and sssigns, may, without notice to ti~e MORTGAOR, desl with such successor or wccessor in interest with reference fo thia mortgage and the debl he?eby secured in the same manner as with Mortgagor without in any wsy vitiati~g w distharging the Mwtgagon' liability lKre- under or upon the dcbt he+eby securcd. No sale of the premixs hereby mortgaged and no fwbearante on the part of the MORTGAGEE w its successors w au~gna and ra extens~on of the time for the paymcm of tFK debt i~ereby secured given by the MORTGAGEE w its succeswrs w suigns, shall ope~at~ ~o rekase, discharge, modify change or affect the original IiabiGty of the MORTGAGOR he~ein, either in whob or in part. 10. h is specificatly agreed that time is of the rssence of fi~is contract snd that no waiver of any obligation hereunder or of the obligation se- ~ cured Ixreby shall at any time thereafter be held to tx a waiver oi 1he terms hereof or of the instrumeM setured herby. 11. In addit'an to the fwego:ng monthly paymems of princ'pal and intertsl roquired by the promissory nole secvred hereby, mortgagor covenants and agrees to pay fo mortgagee with each monrhfy payment an add~iional sum estimared by mortgsgee to be equal to 1/12 of the annual cost of the follow- ~ ing: A-AI{ real property taxes levied w assessed against the above described real estate. B-P~emiums on {ire and windstwm insurance as herein requ~red to be carried o~ the improveme~f: situate on the above described premises. C-Premiums on suth mortgage guaranry inwrar~ce as mortgagee shal) from t~me fo time deem fif to carry on the ban setured htreby. Mortgagee shall fram time to time notify rtwrtgagor in writing of the amouM due and payable hereunder and such sum shall there~pon be due and 4 payabk on the due date of the next monthly payme~t and each successive month thereafte~ until mortgagee shall notify mortgagor of a ctwnge in such amount. Such sums shaH be applied by morrgagee toward the payment of real propeny taxes, ir?surance prem:ums, and mortgage guaranty inwnnce premiums. IN WITNESS WHfREOF, the said MORTGAGOR has hereunto xt his harod a~d sral the day and year fint resaid. Signed. Sealed and d if red ir~. e p?esence of: n R a, G ~ i " ~ ~ ' • I STA ORtDA ~ . S5. ~ COUNTY OF t Before me penonally appeared Ge01ge B• R~hID3A ~ a/J~/a G. B~ Raba~gn a snd Rosalie J• R~IIDaA his wife, to me well krawn and known to me to be € the irxlividwts described in and who ex ted tbe foresoins, i ta r~nt, and ~ckrwwledged before me that they executed the same for ths purposes fherein expreued. And fhe said ~OS3Lie J. Zc ` George B. i wife of the said - 8~~a Ci. B~ ~~88 . ,S, ~ . up~,~ qd ptivatf ! examinatan by me ta4en separate and apart lrom her said husband, edcnowlerlged ro and befae me that she executed ssid~~tr~t~s~i~ fre~'~~yd yo~vn- i j tarily and without any computsio~, constraint, appre ,+qr fear of or from husband. ts _ WITNE55 m hand and official sea) fhis ~ E C~ d,y ~ il :n:•o ~q~•3 j • l4 ~.~.1 ' 3 ary Public in and w ;pf ida,s L~iye' = M Commission expires: , h- • q l Retur~ To: _ : l ~i ' l~~-~ J~ Fint Federsl Savings d. Losn Association ,~7 `.~x f : ~ t~ Of Fort Pierce. % ".~~j - `~,}t fort Pierte. Flwida ~~ii~~~'! ~.,~5~ r`~`~~#~ FILfO AMC f:EC3A0E0 ' . ~~rtr~,.n~~~~~~; . ' • ` 1 ~ ST. LUC{E tOJMTY FLA. RO,fA FOITRAS ~ ? This Instrument Prepared By John M1. Collitts C~ERX Cl.~iCUlt CpURT ~ ~ First Federal Savings b loan Association RECORO VEe~Ir1E0 • ~ of Fort Pierce s Florida ~ A~s l5 9 0~ AK'~3 ~S ' ehecke~ e~- ; ~ ~ 2~i:81"~'7 . ~0~2~3 ~1234 ~ ~ . . - ` ~ - r - ~