The URL can be used to link to this page

Home My WebLink About2754 J. To plxt ~nd conti,?vo~,ily ks~p on tM bui:d~npt rww w htr~a(tN ~it~~q oe~ iaid I~nd and on ~II aquipmtM and p~rson~lly covered by lhis mat~- p~, with •II pr~miurnt i!?K~a? p~~d in full, firo i~w~anc~ in th~ uwal su~dud policy form, {n ~ wm app~ov~d by tM MORTGAGEE, and wi++d:twm ~ iniwanu tn tM v~wl ~u~dard poi~ty fam, ie~ a t~m approred by ~M MORTGAGEE. in wch tompa~y w compa~~ tM MORTGAGEE may dincfj ~nd ~II fk~ ~nd wi~dseorm inwr~nc~ polici~~ on any of s~id buiWi~ps, any tnterul tl?K~in or put tF+ereol, in tM a~re9at~ ~um ~for~said or ! In axc~u ~l,N~of. sAall com~in ~M ~wat i~anda.d ma~~M ciauw o~ such o~her c1w~ a th~ MorropN may r~quu~, ma?ieg tM loa und~. u~d po1F a ciei. each u~d way, parabl~ ro iaid MORTGAGEE ~s in in~e~es~ may ~pp~a~. u~d each ~+d ~wry ~uch policy sMll b~ promp~ly ~u~yned and deiivHed +o ; ~ny h~ld by said MORTGAGEE ~s furiher security to said mortyay~ debt, u+d. ~Wt Iff~ tM~l tM (t0) days G+ sdvance of ths rxpiration of each po1Ky, to dr S IivN to t+id MORiGAGEE a rorawal ehe~toi, top~tMr with • receipt for the premivm of iuch rt~twalt and tMr~ ~hatl b~ no fire w windstam inwr~nc~ • plac~d on a~y of said bulldinps, a~y intaett ther~in w put thsreof, v~leu i~ th~ iorm u~d wi~h tM loss payabl~ as ~fo~esaidj +r+d in ~M svenl any sum ' : of nwn~y becomes p~yaW~ undw such policy or policies said MORTGAGEE chall Mv~ tl~s op~'a++ ro~ecaivs and ~pply ths iame on account o( ~M indebted~ j ness secu~ed hkeb w ro rmit iaid MORTGAGORS to receiw and ~N it w an rl thereof fw other u~ Y PQ Y Pa P Poi~. wilho~l ~hareb/ waiviny or ~mpair- ing any pvity, lien or rght ~nder a by virwe of thia mortpsper ~~d in fh~ wenl said MORTGAGORS shatt tw any reawn fail to keap Ihe said premitas so insured. w fatl ro de1~~a prar+ptly any of said pol;cies of iniwsncs to s~id IIhURTGAGEE, or fail promptly fo pay tutly any premium therefa~w i~ any ~ rospect fail fo perform di~charge, executs, effed, complete, CO.TPIY with u~d sbids by th~s tover+ant, a any paA hereof, ssid MORiGAGEE may pl~te ax1 paY fw +uc1~ Guurance a ~~y part the~eof w~thou~ waivirp or aFfectinp ~ny option, lien, equ;ty, a right under or.by vi~tue of this Matgpe, ~nd ~he + full amount of each u~d ewry such p~ymsnt sFmll bs ~mmedietely due +nd p~yable and iMll bear in~e~est from ths d~te the~eof un~il paid a~ the rat~ 01 ~ nine psr tentum par annum and together with such intereat shall be secured by ths lien ot this mortpage. ~ ! 1. To permit, oornmit or auffer no waste, imp~irment or deteiioration of wid p~operq ot aay part thereof. , 5. To pay atl and si~+g~lar the costs, charyes arid expenaes, iacluding a reasonabk attwney's fee and costs of abstrada of title, incvrred o~ psid at any time by said MOR~GAGEE, because or in the ~vent of IM fsilure oe~ 1he patt of ~he taid MORTGAGOR to duly, promptly and fully perfwm, discharge, execute, effed, cow,pkte, comply w~th and abide by e~ch and every the stipulations, agreemenes, condition~, and mvenan» of said promissory note and ~h~~ mongips ar~y w ei~her, ~nd said tosts, charyes and expenses, each and every, shall be immediately due and payable: whe~he~ w no~ there be nor~ce ds mand, atttmpt to tolktt w suit pend~ng; and ?hs tull srtw~M of each and every such paymeM ~hall bear imerest from the dste N?ereof unti! paid at tht ra~e oI nine ptt ce~tum per annurn; and al! said costs, charges and expenxs incurred or paid, togethe? with such interest, shall be secured by tM lien of thu morty~e. 6. That in tM went of any breach of this Mutgsga or defa~lt on the paA of the MORTGAGOR, w(b} in tM eveM ~ny oi saPd sums of monay herein referred to be not promptly and fulfy paid within thi?ty (30) days ne:t after the same severally betome due and payable, withoul demand or notice, or (c) in the event each arxl every ~he stipulations, agreements, conditiau and covcnants of sa~d promisscry note snd th~s mwtgsge ar~y w eithc~ are nol iuty, promptly a~d fully perfwmed, d~xharged, execueed. effected, completed, complied with and abided by, then iR either a any such event the said ag gregats wm menrioned in said promiasory note then ~emaining unpaid, with imerest ~cuued, and all mo~eys secured hereby, shall hecome due and pay- eble fwthwith, a theresfter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums of money were o~iginally st~pulated ro'ae paid on s~cf? day, anything in sa~d promissory rwte a in fhis Mortgage to the contrary notwiihstanding; and thereupon or thereafter at the option of said MORTGAGEE, without notice w demand, svit at law d in equity, therefwe p thereafler begun, may be prostcuted as if all mo~eys secured hereby had matured priw to its institution. = 7. That in the event that at the beginning of or af any time pendeng any suit upon this Mortgsge, or to fueclose it, w to reform it, or to enforce payment of any claims hereunder, wid MORTGAGEE shall apply to the Court having jurisd~ctio~ thereof for the appointment of s Receiver, such Court shall fo~thwith appoint s receiver of said mortgaged property a(1 and singular, ioclvd~ng atl and singulu the income, profita, issues and {evenues from whatever source de~ived, esd~ ~nd every of which, it being expreuly understood, is hereby mortgnged as if speciiically xt fp?th snd described ~in the g~anting and ~ habendum tlauses hercof, ~nd such Receiver shatl hsve all the Fxoad and cffedive functwns and powcra in anywise entrusfed by ~ Co~rt to s Receiver, and s~ch sppoin?meN shaH be made by such Court as an admitted equity snd a mafter of absolute rigM to said MORTGAGEE, ~nd without reference to the adeq~sty or ioadeqwcy of the vslue of the properry mortgaged or to the soivency w insolventy oi said MORTGAGOR d the defendants, and that such rents, profin, intome, issues and revenues shall be applied by such Reteiver according to the lien u eqvity of said MORTGAGEE and the practite of such ~ Court. y ~ 8. To duly, promptly and fully perfpm, dixharge, execute, effed, complete, tomply with and ab~ by each and every the stipulations, sgreemenri, condiYar?s and cov~nts in said promiuo?y note and this mortgsge set fwth. ~ 9. That in the event the ownenhip of 1he mortgaged prem;ses, or any parf thereof, becomp vested in a penon other lhan the MORTGAGOR, ths MURTGAGEE, its successon snd assigns, may, witlw~f notice to the MORTGAOR, deal with such sutcessw or sutcessor in interest with rxferent~ to thia mortgaye and the debt hereby secured in the same manner as with Mortgagw withovt i~ any way vitiating w d~xhargirg the I{Rortgagors' liabitity here- under or upon the debt herebY sec~red. No sale of ~he prem~ses hereby mo.tgaged and no forbearance on the part of the MORTGAGEE or its successors or assigru and no extension of the time fa the payment of the debt hereby secured given by the MORTGAGEE or its successors or assigns, siwll operate ro release, discharge, modify cF~ange w affecf the orginal liab~lity of the MORT6AGOR herein, eithea in whole or in put. 10. tt is specilicaNy agreed rhat time is of the essence of thi~ tontract and that no waiver of any obl~gat~on hereunder or of the obligaYa~ sr_ ~ cured hereby ahall a1 any time tl~ereafter be held ro be a waiver of the terms hereof or o( the instrument secured herby. ~ 11. In addition to Ihe faego:ng monthly payments of princ"pal snd interest required by the promiszory note secu~ed hereby, mortgagw tovena~ts and agrees to pay to mortgagee with each monrhty payment an add~rional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- 3 , ing: i A-All real property taxes levied or assessed against the above described real estate. ' 4 B-Premiums on fire and wi~dstorm ~ir.surar.ce as Ixrein requ:red to be carried o~ the improveme~ts situate on tF?e above described premises. C-Premiums on such mortgage guaranty insvrar,ce as mortgagee shal! from Gme to time deem fit fo carry on the loan secured hereby. Mwtgagee shall from time fo time notify mortgagor in writing of the amount due and psyable hereunder and such sum shall thereupon be due and Fayable on the due dare of the next month:y payment and each successive month the~eafter urtil mortgagee shall notify mwtgagor of s change in such amount. $uch sums shatl be applied by mortgagee toward the payment of real property taxes, insurance prem:ums, and morfgage guaranty insurance premiums. IN WITNESS WFifREOF, t id MORTGAGOR has hereunto set his hand and seal the day and year ~rst aforesaid. i ti the presence of: ~ i 4 ~ • - Ra nd B Rose~an ~ n { ' . Bett A F eai?n aq ~ ~ SiATE Of fLORtDA ~ St. LuCie ~ couNn oF eefore me personally appeared Qav~tond B. FOlQ4i[l • ` .-.-.r- and ! ~@=ty A. FOr@~~ his wife, to me wel1~ knq~ypAq~ known~me to bs ~ rhe indirid~als described i~ and who exetuted the foregoi~g instrument, and ackrwwledged before me that the e: vt~t~f ~the sa~rddrf ~ pu,rpoks j t!~erein expressed. And the ssid-__ B@tt]/ A• ROle~iQ • _ ~ RaYaond B Fosessn ~ ~ ~ - I w~fe of ths said • ' sepsrate ipd priwte ~ examinaYan by me taken separate and apart from her said husband, scknowledged ro a~d before me that she ezetut sai men! f~~~r:fnd volurr ~ rarily and without ~ny compulsio~, constraint, apprehension~q fear of or from her s~id husba~d. _ n~.•~~ -=t WITNESS my hand and official sest thi: l f day of 1 q; 73 . . ~ ~'sC , - Notary Public in snd for 1he t?t f. Fbri~rl~ rpe My Commiuiwti ezpires: 1~.~ ~ ~ ; Rl1Uft1 TO: RYtA~ pV&!ri . 1 r Fint federsl Savings 3 loan Assotiation MY C01pAlS$~ON~TE~a:~OaipqnURGE Of Fort P~erce. Bq~~ ~ a~~fS ls~s ~ fort Pierca FloriJa ~ ~Mllqqq (~p„ This Instrument Prepared By Nl~. B. B=aute j)LED ~H~ Q~C~RDEO First Federal Savings 3 Loan Association ~ iT.LUG~I Cu~~1~11f~A. - of Fort Pierce ~ Rlosida CLEaR~~~t~U~t COURT t RfCnRC, YE'F~~r~EO Checked By ; ~r 5 I I 0 ~ o a ~~i~'i'004 ~ soa~214 ~E2751 i _ , ' -~r~ , - _ - - _ - - L]r ~"_~"~~m 's ~ a,«,N,~ - 'r ~d ~ S s~?A`.,-:; V,