HomeMy WebLinkAbout2797 To p1~c~ u+d coruiewously k~sp on ~h~ bu~'d~nps now a Mr~a1~N u~wq on s~id f~nd ~od on ~II eqwpmfnt ~nd paw~ally tov~r~d by Ihis mo~t~
p~. with ~11 p~~mivms ~A~~~on pa~d in luU, 1'u~ inaur~nc~ in th~ vawl uand~rd pol;p form, in •~um ~pp~ov~d by ~h~~ MORiGAGEE, and windjtam•
kawana tn dw vwal uu~dud pd~cy form, in a wm ~pp.ovd by MORTGAGEE, i~ wch company w compani~s a~h~ AhORTGAGEE may
dM~ct~ ~nd NI tk~ ~nd w~arm inwrw+c~ polici~s on any oi ~a3d buiW~nps. aey Mt~r~~~ tFw~in or pan ~Mr~o(, te tM pqreya~~ wm ~fa~uid a
b~eNS d~~of, ~MII cw~~•in eM ww1 ~tandad mor~9apN etavN a iueh alwr et•va ~s rh~ Mo.~ppt~ may requ~r~, maAie+p ~M tou unde~ a•~d poli~
cl~a, a~cb ~nd wKy, p~yabw a~id MORTGAGEE a ih in~a~s~ may app~a?. ~nd each and ~ve~y ~~th policy ~i+all b~ promptly ~u pned ~nd d~t~vered ~o
~ny MW by s~id MORtGAGEE ~s (ur~ha security to uid mor~ya~ deW. Md. na I~u than ~M (101 day~ in .dvanc~ oi ~he ~xpir~Non of each polKy, to dr
itwr to t~id MpRTGAGEE • r~wal tFKr~ol. top~~iw+ wlth ~ ~euipt fa tM p~miwn oi s~ch ffMw~lj and ~her~ ~hall b~ no fu~ w winde~orm in~urance
pl~c~d on ~ny ol wld bu~ldinps. aly Infl~yt tI1N~i1f Of part tFwrwf, unkss in tM form and witA M+~ lou pay~bl~ a~ afw~s~ids ~~d in tf» ~v~n~ any swn
01 n+on~y b~ca+ws p~yabl~ w+dK wch policy w polKies a~id MORTGAGEf ihall haw rFN opt;on ro ~eceiw ~nd ipply tFM same on ~ccounl of the indeb~ed-
nns s~tw~d haeby a w p~rmit said MpRiGAGORS to receiv~ ~nd ~ it pr any part thereof fa oti,cr purposes, w~~hout thz~ebp waivi.~g a~~npair-
1rq ~ny pu7ty, li~n a riyht w+der o~ by virtw of this rnortppr, and in tl+~ ~veM ~a~d 11AORiGAGORS sMll tw ~ny reason Fail to keep the saed premus~ so _
fntured, or fail b d~liv~r pomptly ~ny of sa;d policies of iniwar~ to said MORTGAGEE, a iail promptly to pay f~l~y ~~y pr~mium therefq a in any
r~~p~ct lail b pMlwm, diicMr9e, ~aecu~~, ~ff~cL compkte, cornplr with ~nd ~bid~ by this coven+nt, a a~y p~rt hKwt, uid MORTGAGEE may place +nd
p.y fo. wch irauranq w~ny p~rt tMr~o( wi~hout walvinp w~N~cNnp arty optan, li~n, squity, or ~iyhf under w by virtw oi ~hii Ma~pa9e, and the
full ~nq~nt of ~ath and twry wch paym~nt shall b~ imrmdiataly dw and payable ~nd sMll beu interest from tM dats thereof until paid at tM rate of
nirN p~r c~ntum p~ anrwm ~nd toye~lxr wi~h ~vth in~eresr ~INII bs secured by tM lien of this mar9age,
1. To ptrmN, ao~nndt or suffN no wast~, knpairmeM or deterioution oF said properry or my pan thereof.
S. To pay all and ur?p~t~r tFr cwb, charyet and ~xpenies, includinQ a ~easo~abk attwney i fee snd wsts of abitracts of title, inc~rred w psid ~t '
any time by ~aid MpRTGAGEE, beca~s~ or in tM ~vent of tl?~ i~ilure on tF?s pan of ~M said MORTGAGOR to duly, promptly snd fvlly psrfwm, d~xharge.
execut~, ~f(~tt, tomplet~, tomply w;th and ab~de by eacF and every tM stipulations, ayreemen~t, conditioro, snd oovenants of said promisso?y note and thii
matyp~ irry or ~i~Mr, and ia~d cosb, chupes ~nd expensei, each and every, sFwll b~ immadia~ely dw snd p~yable: whe~her or not ~hare be ~ot~te do-
mand. ~tt~mpt to col{ect p wit p~ediny: u~d tM full ~mo~M of each snd we~y such paymeM sMll bes~ imerest from the date rhercol unril paid a1 the
re~e o~ nine pfr cenrum per anrwm; a~d s!1 ~aid costs, chargp and expenses incwred or paid, ~ogether w~~h iuch inte~est, sl?all bs secured by the lien of tha
^ar?9+D~•
6. That in tM waN o( sny breach of this Mwtgape w default on ths psrt of the MORTGAGOR, or (b) in the went any of ~s~d sums of mo~ey
herein r~(Nrd to M not p~omptly a~d futly paid w7thin thirty (30) days next affe~ the same sevaally become due and payable, without demand or noi~ce,
a(c) ln th~ ~vMl lKII ~nd ~v~ry 1M ilip~lationi, aq~eem~nrs, conditioni and covenants of ss~d promiuwy note and lhis mortysye any w either are not
iuly, pomptly ~~d iully p~rformed, d~sch~rqed, eaecvted, effected, compkted, compl~ed with and abided ~iy, then in eithe? o~ any svch svaM the sa~d a¢
p~eyal~ wm mentioned in s~id promisiwy note then remainirg ~npaid, wifh interest xvued. and all moneys tetured hereby. tMll become due and pay~
~ble fathwith, or lhere~fter, at tM bption of said MORTGAGEE, ss fully and compktety a~ if ill of tF~e said wms of money were wigin~lly sriputated
ro bs paid on such day, anythin~ in sa~d promisswy note or in th;a Mortpage to fF?~ contr~ry notwi~hstandiny; and ~herevpon w thereafter at the option of
teid MpRTGAGEE, without notics o~ dems~d, suit at law a in equity, therefwe ot thereafter begun, may be proseculed as if all moneys ~etured hereby
hsd ma~ured pnw to iu institutiw~. .
7. TMt in 1F» event thst at the beginning oF or af any tirn~ pendinp any w;t upon this Ntortgage, w to toreclose if, or to reform it, or to eoforce
payment of ~ny tlaims Mreunder, ~id MORTGAGEE shall apply to the Court having jurisdictio~ thereof fa the eppointmant of ~ Reccive~, suth Coun shall
Forthwith ~ppoint ~ rectiver of said matpaged p~operty all ~nd siny~(ar, includ~ng alt arx! sinqulu rhe inconx, profin. iuves and ~e~renues from whatever
wvrc~ derived, ~atM ~nd every of which, it beir~y expressly understood. is htreby mortgaged as if apec~fit~lly set fath and dewibed Jn Ihe ~aming a~?J
habe~dum tlavs~s hereof, ~~d wth Receive~ shsll have all the broad and effective furx~~an and powcri in anywite e+~trusted by • Court to a Receive~, snd
wch appointment shsll be m+de by se?ch Cowe as an admitted eqviry snd a matter of absolute right to iaid MORTGAGEE, and without reference to the
adequ~cy a inadeq~acy oi fh~ v~tw of the prope~ty mptgayed or fo ~he ionrency a insolvency of uid MORTGAGOR or the defendants, and that tuch
r~~~ profiu, incorns, issues and rwenws ~hall be applied by such Receiver accord~np to the lien or equity of wid MORTGAGEE ar~d the practice of tuch
8. To duly, promptly +nd fully perform, d'exharge, e:ecute, effect, complete, comply with snd abide by esch and every Ihe stipulations, agreements,
conditioro and covenanb in sa~d promiiwry note and this mortgsge xt fwth.
9. ?hat in ths event the ownershi~ of the mortgaged premises, or any part thereoF, becomet vested in a peason other tMan !Fx MORTGAGOR, the
MQR7GAGEE, its tuccessws snd essigns, msy, without notice to the MORTGAOR, deat wilh such successor or successw in interest with ~eferente to this
mort9ap~ and the debt hereby secured in the ssme manner as with Mortgagw without in any way vitiati~g or dixharging the llAortgagors' liability here-
under or upon tlro debt t~ereby ucured. No sate ol fbe premius hereby mortgaged and no forbearsnce on the pan of ths MORTGAGEE or iti successors
or assigra and no ealension of the time for the psyment of the debt hereby secured given by the MORTGAGEE or iti sutcessora or auigns, shall operate
to rel~~se, d~xM?ys, modify change or affect the originai tiab;Gty of the MORiGAGOlt herein, eithe~ in wlwle a in pa~t.
10. it Js ipecifically agreed thst time is of the e~unce of thy contrad snd that no w~iver of any obligation herevnder or of Ihe obliyation se-
cured Mt~by shap ~t any time 1he~eafler be held to be a waiver of the terms hereof or of the inslrumeM secured herby.
11. In edd~tio~ to the forego:ng monthly payments of princ'psl and interut required by the promissory note secured hereby, mqrtgsgor covenants
and sqreef to pay to mortgsgee with each monthfy pay.nent an addiriona! sum estimated by mo?tgsgee to be equsl to 1/12 of the annusl cost of the follow-
irtg:
A-All ~tal property taxes levied w assessed agairnt the above dewibed real estate. ~
B-Premiums on fire and windstorm insurance as herein requ:red to be carried on the improveme~ts situate on the above desaibed premises.
C-Premiums on such mortgsge gua~anty insurar~ce as mortgaqee shall from t~me to time deem fit !o carry on the loan sewred t~ereby.
Mwtgagee sbsll /rom t7me to time notify mortgagor in writing of the amount due and psyable hereunder and such sum shall thereupon be due and
, Fayable on the due date of the next monthly payment and each successive mo~th thereafter ur.til matgagee sF~all notify mortgagor of a thange in suth
amount, $~ch sums shail be applied by morrgagee foward the paymcnt of ~ea! p~ope~ty taxes, insurance prem:~ms, and mortgage guaranty insurance
p~emiumf.
IN YIITNE55 WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day snd yesr first af 'id_
Sipn~d. S~abd and deli r d in tM presence of:
i - Sa th +4
cs~.0
; ` ~ Btta Robinson Snit6 ~,n
~ srare oF Fcoaio~
` St. Lucie ~ ss.
~ couNn oF
b~fo?~ rtw ptrwn+lly apptarsd •J@~~ $~1t~1
and
~t~# RO~ ~On t hu wife, to me well known snd krawn to me to be
E rhe tndividwls described in ~nd ho eze~yt he fw vurt~ent, ~nd ~c{cnowledged before Te that tfxy executed the ssme for the pwposa
4 rherein ~spre~fed. And tM sa~d ~t~ K~~i~~~n
~ w~~e ~ ?ti...~a _ .k!! S1eith ~b ~~c~+•. .
upon • i t
~ exsminaYwn by me uken s~parate ~nd apart from her uid husband, +cknawladged ro end beFwe me that ahe exetuted said instrurryY~ ~frqqly, all{~y1~1'v7
~ rarily and withovf ~ny compvlsion, constraint, appr,hens~on, or feu of or from her ssid husband. •r
- WITNESS my hand and offici~l se~l thu dsy ~Y ' • : -a9 ~
~ ~ i
i ~
t _ t~ry Public in and for the St~te joi' `
! My Commission ~xpiret~ARY
t Rtfurn Ta. ~
MY COMI~ISSlOt1 EX J~
s fin~ f.d.r.~ s.vinp. a lo.n a.«i,tio+, ,~r:~..••,•,:~g.v~'~~+~
! 9c~ ded irdu ~M ~
~ 01 furt P;erce. p; T/!T ~
~ for/ ~icrce, f(wiJa ~ , '~~~'~~~~~n/NNM'~, ' ,
~ ~ . ; ;~yq" 1
~ f ED AN RECpRoEO 1~'
~ This Inatrument Prepared By ~1~ w. Collins ;~~~~~E~OUMTYiLA.
F+rst Federal Snvi~gs ~ loan Associetion ROGEP. P41TiiAS Z
~ of Fort Pierce, Rlorlda ClEw1c C1=.GU1T COYRT
~ RE~M~C? YERIr1E0
~ `h~k~ By MNt 9 t0 ~w A~I'Z3
d00K 213 ~'AGE i~sa~9''f J js
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