HomeMy WebLinkAbout1209 To plac~ and contin~sly kecp on the bui!d~~ps now a Mreaitsr ~iwa1~ on iaid Isod and on alt cqu~prt~enl a~d pasona~ly covaed by tkis mwt~
+pe, with all prtmi~m~ ~herea+ paid in tull, (ire insuranc~ in the usual srandsrd po~icy (wm, in a ivm ~pprovad by IM MORTGAGEE, and w[ndstam
tnwranc~ in ~h~ vsu~l s~andard pol~ty form, ie? ~ ium approv~d by tM MORTGAGEE, in s~ch compu?y w companl~s af ine MORTGAGEE may
d~nctj ae+d sll tire ~~d wtndstorm insura~cs poliues on a~y of uid build~ap~, +~y t~~er~it ~herein or p~rt ther~of, in the apqreQ~~e swn ~(aesaid o~
in txctts Ihereof, tMl1 tontain !F» usual sfandud mor~pay~a clauie or ~uch o~htr clau~ ~u tM Mortya9e~ may requ'u~, ma\inp tM loss w+da w~d po~i~
cie~, each and evay, payabt~ ro said MORTGAGEE ai iti int~re~~ may appear, a~d each and eve~y iuch policy shalt be promptly +ss.9ned and delivered ro
any hetd by said MORTGAGEE ~s tur~he~ ~ocuriry to taid morlqage debl, and, not leu tFwn ten (101 days in sdva~+ce of tM ~xpiratioo of e~ch policy, to dr
IivN to isid MORiGAGEE a renewal theraof, together wi~h a ~aceipl fw the premium of ~uch renewal; ~~d ~her~ shall b~ no foe a winds~am insur~nc~
pl~ced on ~ny o! said buitdings. any interest therein or parl thereof, unteu in Ihe twm and with th~ loss payabla as afatsaidt and in tM evsnl any sum
of rtqney becpmes payable undsr such policy w policies said MORTGAGEE shall haw tM optio~ to roceive and ~pply the same on ~tcount of the indebted- ±
neu setured he~eby or ro permit ~aid MORTGAGOR$ 1o reteive and use it w any part thereoi tor other pu~poses, wi~houf th:~eb/ waivi~tig w i~*~paer-
ing sny equity, iien w right unde~ or by virtue of fhis mor!gage; and in 1he went said MORTGAGORS sAsll fw my reason fail to keep the ss~d p~emises w
iniured, w fail to deliver promptly any of said policies of insur~nce to said MORiGAGEE, a fail promptly fo pay fully any premium therefa o~ in any
respect fail to perform, discharge, cxecuts, effoct, compfete, comply wi~h a~d sbide by rhis cove~ant, p a~y part Ae~eof, said MORTGAGEE may place snd
pay fw sucb insvrante o~ any part thereof without waiving w ~ffectirg any option, (ien, equity, w riyhl unde~ w by virtw of lhis 1Nortgaps, and 1M
full amovnt of each and every such payment shall be immediately due and pay~ble and sh~~l besr interest from ths date 1he~eof until paid at ths ra?e of ~
n~ns per teotum per annum and to~etAer wifh ~uch interest sAall be xcurcd by fhe lien of this mortg+ge.
1. To permib commit d suffa no wute, imp~irment w deterioration of sa~d prope.ty or any put the.eof. f
5. To psy all and sir?yular the costs, chargei and expe~ses, includ~ng ~ reasonable attorney's fee and coit~ of sbstrscts of title, incurred or pa~d ~t t
any time by wid MORTGAGEE, because w in the event of the iailure on tFie part of the said MORTGAGOR fo duty, promptly and fvlly per/orm, d~xharge.
ezecute, etfetf, complets, comply with and sb:de by esch and every the stipulauons, agreementa, conditions, and covenants of s~id promiswry rate and thw ~
mwtgage sny a either, and said costs, charges and cxpenses, each and every, shall be i+++mediately due and payable; whether p no1 there be norice de ~
mand, attempt to collect w sui~ pend(ng; and the fvtl amount of each and every ~uch payment shall ~esr iroerest from the date thereo4 until paid at the
rate oi nine per centum per annum; and all said costs, charges and expenses incurred or paid, together with auch iNeroaL shall be secured by the lien of thii j
mat~aa~. ~
6. Thst (a) in the event of any breach of this Mwtgsge or defaulr on the ~part of the MORTGAGOR, a(b) in the event any of sa~d :ums of money !
herein referred to be ~ot p~omptly and fully paid within thirty (30) days rxx~ afte? the same severally becon» due and payable, without demand or notice,
or (c) in the event each snd every tFx stipvlations, agreements, conditions and covenants of sald promiuory note and th~s mortqaye any a either a~e not
~uty, prompNy and fully performed, d;scharged, exauted, effecr.~, compteted, complied w~th and abided ~iy, then in either w any ivch eveM the said ag
gregate sum mentioned in said promisswy note then remaining unpaid, with interesl acuued, and all mo~eys secured hereby, shall become dw and psy-
able fwthwith, a thereafte~, at the option oi sa~d MORTG~!GEf, as (uUy and completcly as ii sl! of t}x said wms of money were originally st~pulated ~
to be paid on such day, anything in said p~om~sswy note w in this Mwtgsge to the contrary notwithstanding; and thereupo~ w thereafter ~t the option of
naid MORTCaAGEE, without notice w demand, suit at law w in equity, therefwe w thereaffer beyun, may be prosecvted at if all moneys secu~ed lxreby
had matured p~ew to its institution.
7. That in the event that at the beginning of or at any time pending any suit vpon this Mortgsge, or fo fq_ eclose it, o~ to rcform it, or to tnforte
paymem of any claims hereunder, said MORTGAGEE shall apply to the CouA having jwisd~ction thereof for the appointment of a Rectiver, such Covn shal!
forthwith appoinf a receiver o/ said mo~tgaged property a:! and singular, incfud~ng aN and aingulai ilte income, pro(its, issues and revenues from whatever
source derivs~d, each and every of wh~ch, it being expressly unders~ood, is he?eby mortgaged a~if specifically xt fwth and deuribed i~ the g?an~ing and
habcndum clauses hereof, aod such Receiver shali have all the broad and effective funct~ons and powe?s in anywise entrusted by a Court to a Receiver, and
:~ch appointment sF~all be made by such Cou~t as an ad~nitted equity and a matter of absolute right to said MORTGAGEE, snd without refere~+ce to the
edequacy or insdequacy of the value of the property mortgaged w to the solvency or insolventy of ~aid MORiGAGOR w the defendants, and that s+xh
renrs, profirs, intome, issues and revenues siul{ be applied by such Receiver according to the lien or equity of said MORTGAGEE snd the practite of such
Court. ~
8. To dufy, promptly a!x! fully pe?form, dixharge, execute, effect, complete, comply with and sbide by each and every fhe sfipulations, sgreements, '
conditions and covensnrs in u~d promissosy nore and th:s mortgaqe set fwth"
' 9. That in the event the ownenhip of the mortgaged premises, w any pa?t tF~ereof, becomes vested in a perion other than the MORTCaAGOR, the
M,ORTGAGEE, ifs auccessas snd assigns, may, wi~hout notice to the MORTGAOR, deal wifh such successor p sutcessw in interest with refcrence to tFis
mortgage and the debt hereby secured in the same manner as with Mo~tgagw w;thout in any wny vitisting w dischargirg the Mortgagors' lisbility hert
under w upon the debt hereby secured. No sale of the premises hereby mortgaged and no forbearence on the part oi the MORTGAGEE or its sutcessors
or a:signs and no extension of the time for the payment of the debt hereby secured given by 1he MtORTGAGEE or its succe:sors o~ assegna, shall operate
to release, d~scharge, modify change or affect the original l~ability of fhe MORTGAGOR herein, either in whole or in part.
10. It is speufically ag.eed that time is of the essence of this contract and thst no waiver of a~y ob~igat~on hereundcr w of the obligation sr
cured hereby shsll at any time thereafter be held to be a waiver of the terms hereof or of tF~e instrument setured herby.
11. In add~tio~ to the twego:ng mo~thly paymonts of princ'pal and interest required by the promizsary rwte secured he~eby, mortgagor covenants
and agrees to pay to mortgagee with each monthly payment an add~~ional sum est~mated by mongagee to 6e equal to 1/12 oi the annual cost of the follow-
ing:
A-All real property taxes levied or assessed agai~st the above described real estata
B-Premiums on fire and windstorm insurar.~e az herein requ~red to be caneed on the improvements situate on the above desaibed premises.
C-Premiums on wch mortgage guaranty ir.surar~ce as mortgagee shall from tlme to time deem fit to carry on the loan secured hereby.
Mortgagee shall from time to t~me notify mortgagor in writ~ng of the amount due and payable hereunder a~d such wm shall thereupon be due and
Fayable on the due date of the next monthty payment and each svccessive month thereafrer urti! mortgagee shall notify mortgagor of a thange in wch
amount. Sucb sums sF.atl be applied by mortgagee toward the paymeN of real property taxes, insurance p?em;ums, and mortgage gtwranty insurance
premiums. •
IN WITNES$ WHfREOF, tfie said MORTGAGOR has hereunto sef his hand and seal the day and r lirs/ aforesaid
Signed, Sea! nd delivered in the presente of: n
)witnesses as to signature__~~ ~ ~ ' ~
~JQ~ z ~ ~
of Ruth C. Huegel Ru C. Hue 1 a wi ~
~ .Witnesses as to signatur q
. - ~ ) of the Proskes an
~ STATE OF FLORIDA fIIED AMQ RECQR~fD
ST. LUC+: ~OUN7Y FLA. pro
~ couHrt~ oF St . Luc ie ~ u- a0,= ~~~'j~~ S ~ Susan R.
! r, c K~ .;faT ,.OURT
i Befwe me personalty appeared oF1;no:: f.:f ~~(1 /21~~~V5 and
Bruee M. Proske and Susan R. P=OS~ his wiie, to me well known snd krrrrrtpi•me•to be
~ the individvals destribed in and who executed the foregoing t, befwe me that they execufed the, s3rnq UdR~d+~~~~fipq~es
I rherein exp~essed. And tF~e said S VS~A R. PrOS e ~ f' 9i~ •
' Bruce M. Proske ' ~
wile of the uid v~~ a~yr^~~y~,ay
~ exam:nat;on by me taken separate snd apa?t from her said husband, atknowledged to and before me that she executed said insfru ~fr~eiy'and`iraQ~rr.
~ rar;ly and without any compulsan, const~aiM, appre~~ iy~Gr or fear of or from ker ssid huiband. 't, ~ ,•K~ j~~ ~
E WITNE55 my hand and official seal this day of `~A.,~ f9~'~f ' ,
' a ~ ' - • (i~'" ' c ~ - - i'' ,
t STATE OF FtORtDA ~ ' ' ,
Lncfe Nwary tic in and for t State o{~ i~s !~r
; COUNTY OF St • ~ My iuion expires: :
~ Ruth C. H -
~ Befwe me personally appeared ~~1 ~ a widow~ ~ ,~,r
,
~ W~(~, to rt+e welt known and known to me to be
i the individusl desuibed in and who executed the foregoing instrurt?a~t, and atknowtedged before me that she ezecuted tF~e same for the pvr_pOSes
therein expresxd. -1knd~ 1he ~si~
~ -wi k ~ M» {aid ~s r~Y~WA~ ye:wM
~ -exam4~a*on ~ ~ne ?arken-sepe~ste~+~ eper* iren. ~+er-ss+d ~+esb~swdt +dcwv~dged *o-w~i bef~rs +n~ ~Fwt-~ ~ewnei +a:d-iwsK~~ Iri?
P ~tat1T~3M1d1J11lR70rlnytOMpII1S10~-RAffTYd~fft-spprlhe ,~g'fe'srOf~7?'f 7aM'FMlklsAd- 4'.- ~
z C~fr L~r~~••~~ . •
; WITNESS my hand and officisl ceal thi~_ y of ~
t Th is instruae~at prepared by -
~ D. R. Holerger , Nota?y Publ'~c , rw ttie u~. of~?tt~ ~,u~ _
~ First Fedezal Savings and Lqan Asa !1 O~ My Com~~uio~ .:pNa: :~n ~~at-
6 a~n,?~ ro: Rort Pierce Rlorida „
r ~ H„TARY PUE'LiC, STATf o B~~1j~t ,'y :
First Feders) Savi t 3 losn Associat~on ~ -c "r" •
? ^9 1 •lY Gf•:'.t:.l:'Ti EXi'i..j ~t/A~'~"~
! O( fort P~erce. C R ~i r._an 6z: f~;s~~ f„~~
' ~ r~`~ ~~~~1 b~ ~ ~
Fort P~erce, florida ~~•f ~-i ~}t 1 -~1 ~ ~ ~
'ri.,r~rr..~..•~~"
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