HomeMy WebLinkAbout1329 To p'ace and conti~uously keep on the b~~'d~ngs i,ow a heroafter s~tuata on said land and on a11 cqu~pmant and pe~sonatly cove~ed by ihis ma~g-
aqs, with a!I premiums thereon pa~d in full, (~re ins~rance in the usual s~andard poficy form, i~ a s~m approved by ihe MORiG:.GEE, and winds~orm
~nw~an~e in ths uswl s~an.ia~d poGcy (am, in i suro approved by the MORiGAGEE, in such company or co~npa~iles as the MORiGAGEE may
d~rect; and al~ fire and wlndstorm insura~ce policies on any of sa~d build~ngi, •ny interost therein or part thereo(, in the aggrega~e s~m afwesald w
in eacess 1Ae~eof, shall coNain IhQ usual s~anda~d margagee clause a such o~her claute aa the Mortyagee may ~equ~rs, making the ioa undrr •a~d po~i-
des, each and every, payable lo said 610RTGAGEE aa its interest may appear, and each and eve.y such po~~cy ahall Ix promp~ly ais.gned and delivered ~o
eny held by said MOQTGAGEE a~ furlher security 1o said mortgage debt, and, no~ les~ tMn ten (IO) days in advance of the expirat~on of each pol~cy, to da
liver ro said MORTGAGEE ~ renewaf thereof, toge~her with a receipl for the premium of tuth renewat; end there thal! be no iire o~ winds~or~n insuraMe
p?+ced on u+y ot said buitdingf, any inte~est therein w parl thereof, unlesa in the form and wilh 1he loss payable as •(ore:aid; and in the event any sum
of nwnry becomes payable uoder wch policy or poGcies sa~d MORTGAGEE shall have the opnon ~o receive and app~y the same on accoun~ af the indrbted~
neu secured hereby w to permit uid MORTGAGORS ro receive and vsa it a any pan thereof tor oihrr purposes, v.~~ho~t ~hr~ u~ wai~~ ~3 a~ ~~>>p~i.-
ing any equity, lien ot right under a by virtus of this me:tg~ge; and in the event taid MOR~GAGORS shall tor any reas~ tail to keep the sa~d premisrs so
insured, or bil to deliver promptly aoy of said po~icies of insurance 1o ssid MORTGAGEE, or fail promptty ta pay fu;ly any prenuum therefw w in any
respect fail b partwm, dncharge, executr, efiect, cumpiele, tompty with and a6~de by th;~ covenant, w any par~ hereof, said MORiGAGEE may piace and
pay fw such irqurante w ~~y part the~eof without waiving or affectinp any option, lien, equity, or righl undM or by virtue oF this Mortgage, and fhe
f~11 amoum of each and eve~y such paymcnr shall be irrsmediately due and payable and shall bear interest from the data Ihereof un~i{ paid ai the ra~e ot
n~ne per cenrum per annum and togethe~ wi~h iucA interest sFwll be sccured by the lien of this mortgaga
4. To permit, commit or suffer no waste, impairment a deterioratio~ of said p~ope~ty or any part thereof,
5. To pay ~ll and singular the costs, charges and expenxs, including a reasonable attwney i(ee and costs oF abstracts of titte, incu~~ed or pa~d a~
any time by sa~d MORTGAGEE, because o~ in the event of the iailure on the parl of the said MORTGAGOR to duly, pranptty and fully perlorm, dncharge, j
e,ecute, effec~, comptete, comply w~th and ab~de by each and every the stipulations, agreements, condit~ons, and covenants of said prom~:sory nore and rh~s
mo.tgage a~y o~ ei~he?, and sa~d costs, charges and expenses, e+ch and evcry, ~hal! be immediately due and payabte; whe~her er ~ot ~here be no~~ce da
mand, attempt to collect or suit pend~ng; a~d the full amovnt of each and every a~ch paymen~ sFwll bear interest from ~he date ~hereof until paid at the
rare of n;ne pe~ centum per annum; and all said costs, charges and expenses incurred or paid, logether w~th :uch interesr, shall be secuied by tFx lien of thi~
"'ort9~9e• I
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6~ Thai in t!w-~vent of any breach of thii Mortgage or default on fhe part of the MORTGAGOR, or (b) in the event any of sa:d sums of money ;
hrein referred a bs not promptly and fully paid vrriihio Ih,rty (30) days next after the same severaRy become dut and payable, vrifhovr demand a notice, ~
or (cj in the event esch and every the stipvlations, ag~eemenfs, condi~~ons and cove~anta o~ sa;d pro~iissory note arsd th~s mortgage a~y a eaihe~ ara oot ,
iuty, promptly and futly performed, d~scharged, eaecuted, effected, completed, compf~ed w~rh and a6idrd ~iy, then in eithe.• a any such event the sa~d ag
g~egate wm rr~ntaned in said prom~sswy note then ~emaining unpa~d, w~+l~ ~~~rer~;t aer:ut~, sr.~ a!! meneys sec~~~!K1 hereby, shall become due and pay-
abic fwthwith, or thereafter, at the option of said MORTGAGEE, as fully and completely as if all of the said sums Of money were origi~aily atipulaied ~
ro be pa~d on such day, anyth~ng in sa;d p~o~n~ssay note w in this Matgage to the co~trary norwi~hstand~ng; and thereupon a thereafier at thr opt~on of ~
sa;d MORiGAGEE, without no~~ce a demand, sui? ai law a in e~u+ty, theretwe or thereafter beg~n, may be aoaeculed aa if all moneys secured hereby y
ned matu~ed prwr lo its irlStitution_ >
7. That in the event that at the beginning of w at any time pending sn7 wit upon this Mortgage, a to foreciose it, or to retorm it, or to enfone
paymeM o( any daims hereunder, said MORiGAGEE shall apply !o the Court hiving 'ry~isdiction thereoi (w the appo~ntment of a Receiver, such Courl shall ~
forthwith appoint a receiver of said mortgaged aoperty all and si~gular, incl~d~ng all a~d singular the irtcome, p~of~ts, issues and revenues from whatever s
scu.ce derived, each and tvery of whlch, it being expfessly understood, is ixreby mor~gaged as +f spet~fically se! forth and desvibed in the granting and ?
ha5endum cEavses bereof, and such Receiver shall have all the broad and ef(ective funct:ons a~ powers in anywise e~trusted by a Cour1 to a Receiver, and ~
s~ch appointment shall tx made by such Cour? as an admitted equity and a matter of absolute right to said h10RTGAGfE, and w~tAout reference to the ~
edzqvacy w inadequacy ol the vatue of the prope~ty mortgaged or to the so~venq w insotvency of said MORTGAGOR w the defendants, and ~hat such
re~rs, profin, income, issues and ~evenues shall be appl~ed by such Receiver accord~ng to the tien or equity of said MORTGAGEE and the practice of such ~
Court ~
s
8_ To duly, promptty a~d fully pertorm, discharge, execute, effect, completa, tomply with anc abide by ea a every s~ipu a ~o , ,
ccnditions and covenants in sa~d promissory note and this mortgage set fath_
9_ That in the event the ownersh;p of the mortgaged premises; or any part thereof, becomes vested in a perwn other than the MORTGA60R, the
:'ORTGAGEE, in successors and assigns, may, without notice ro the MORTGAOR, dea! w;th such successor o~ successw in interest wi~h reference to this ~
ro.tgage and the deot hereby secured in the same manner as w~th Mortgago+ without in any way vit+ating or d~xharging the Mortgagors' liability Fierr ~
under p upun the debt hereby sec~red. No sale of the premises hereby mortgaged and no {orbearance on rhe part of the MORIGAGEE a ifs successors
or auigns and no extension of the time for the payme~t of the debt hereby securcd 9iven by Ihe MORTGAGEE or ita successors or au~gns, shall operate ~
ro releax, d~xha~ge, modify chan9e w aifect the original liability oi the MORTGAGOR herein, either in whole or in part. ~
10. It is specifically agreed that time is of the essence of this contract and that no waevN of aoy obtiganon hereunder w oi ine ouiiyei~o.~ i~- ~
cured hereby shall at any time thereaftH be held !o ?~e a waiver of the terms hereof w of the instrument secu~ed herby_
11_ In add~tio~ to rhe forego'ng monthty paym~nts of princ"pal and interes~ required by the prom~sscry no~e sec~red hereby, mortgagor covenants `
a^d ag~ees to pay ro r~o:rgagee v~ith each month'.y payrnent an add~rional sum est~n,ared by mertgagee to be equal to 1,• 12 of the annual cost of the follow- ~
n y:
A-All real properry taxes lev~ed w assessed ag.~lnst tbe aoove descriyed real estate. ~
B-Premiums on i~re and windsto•m insurar.ce as herein requ~red to t,e car.ied on the ~mprovements situate on the above described premises. ~
C-Premiums o~ such mortgage gvaranty ~nsurar,ce as mortgagee thall from r~me to time deem fit to carry on tAe toan secured hereby. ~
Mortgagee shatl from ti~ne to time norify mortgagor in wr;t~ng of the amount due and payab~e he?evnder and such sum shall thereupon be dve and
a.able on the due date of ~he next month!y payment and each successive month thereafter ur.til mortgagee sfiall notify morrgagor of a change in such +
a~o~ni-3~ittrscrmrs~ait be app+ied bp n+or+qag>e-so:ward-the-payment nf fpol j}fOpCf1Y taxes, insurance p~em:ums, and mwigage guaranty insurance
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c•emiums. ~ -
IN WITNESS Y~HEREOF, the said MORiGAGOR has hereunto set his hand and seai the day and year first aforesaid. ~
Signed, Sealed a d delive~d in the p~esence o: ;
\ ~ W~tne~sses a~ to
Co~ine r Jay
Gould Conne r J G d a~ '
a~ c
~ ~ ~ Witnesses as t,0 ' - ~~an
signature of e . ou
, (SeaO
Janet F. Gould
f SiATE OF:~{~ I~+I,qSSAC1NSETTJ 1 r~.~ f
T. ROCE ?~0
Ts~S u~,
~ couNn oF r..• s~~ (~c j~` ~V~~ `O ClEPK Li3CU1T COURt,~~
~ aFCV~o ve~~fiED~~ ; ~3
'r Befwe me personally appeared C011I1@T' e~8 Gould 5~ C t0: J-Y /f a~
t
s ~ wei n~? k to me to be
€ t~e individ~a( described in and who executed the fwegoing instrument, and acknowledged before me t he exetuted the same fw the purposes '
~ tF~rein exptessed. 1Rwd~N~~.:i-
's
s .~ebF~f~r-ssld .
vPon" a ~rpse~+~'ar+d' 1~A1r~ ~s
j ~~n'bf'r++~'*eMrsePen~ra++d"dAa+*irvrt+~f+er~a~bsnd;-eek++oNledged-~e-and~efv~e~tAet~f+ct,etcutti+d~rsRJtinstro~n~nrire~y~?gf'~efelA;,, ~
' ~ nY `v+treanpehfar,tenstraMr,-epprefit++s?oK' ft~sr-ef-o?~ftufri+ersr11t!'ffusbstftt ~
~ ; : ~ EiAta_ ~!q . ~ ~
; WtilYESS my hand and offrcfa! sea! this y~ day of September ° D J_~~r
, _ ~
: ~Q
~ ~ ; :
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"~',y ~
' S"AiE OF FIORIDA - ~
t ~ ~ Notary Public and for the Stafe of~EJoY
~~~lful~p~~ -
~ ~OUNN OF St•• Lucie ~ My Commission expirea: ~!s ~y~ '~'P'.i- • - = , - ~
t ' ~ ~ 1~~_,'/~ ~A~
Before me personally appeared J~1@ti F' . ' '
Gould
~ t.. •:~1, ;
` fi1s~lfe, to me well k~own and krwwq•+v;,;f p~i;.s ~
' 'he ind7vidual dexribed in and who executed the fwegang instrument, and acknowledged before me that9he executed the same io}; iF~ purposes i
{ fh^~eM expresxd. Ancf the said Janet F. Gould
N<<e o+ tr~ ~a~a Conner Jay Gould
e.am;nat~n b me take~ se••arate and a art ~rom her sa~ upon a separate and private
y . P d husband, atknowledged ro and befor~ nyt 1Fyi ~sae enecuted said instrument freei and voluo-
!'r,~y ~nd wrthovt arty compu{sion, cons~reint, appre s~ofl, p ear of a from (xr said . t, Y
' D~sd~s...~.~ ~ ~ .
; WITNESS my hand and officiat ceal thi dsy of ~ 7~
"'his instrument prepared by ' A. D. 19_ t L_ ~
s - ~
' ,,`m. E. Braun ~ ~ - ;
='irst ~ederal Savings anc~ ~oan ~gsociat~~ < ~ ~ !na iri?~++~ sar~ of f ida .r
~ Rerurn To: O~ 02't, ~'ie2'C@~ ~.oric~a ':,~~Y~~"'~~!:`~!!~; ~t~,P~C,STATEoifLORiDAattARGf
_ Fint Federal Savings 3 Loan Association 11~ (~I,IMtSS10N EXPIRES SEPT. 2S, 1975
Of fort P,<rte- i ~ BOfldld ~ AR18~Gp B3tlklfS IflStlf811CB W.
' fon Pierca, fJorida Q R r~ e~r~p ,~-j••.• • :
' ~ BGO~~G~S PACE~V~O t
5 r:~~ . . . .
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