HomeMy WebLinkAbout2065 J. To plx~ and con~invously kcep on rhe bu~'d~ngs ~ow or hercafre~ utwle on said land end on al! equip~t~ent ~nd pcrwnaliy tovered by this mw~~
s~, with ~1! premi~ms thercon p~~d in futi, fire insurance in Il+e usval standa~d polity (orm, i~ a ium ap{xoved by the MORTGAGEE, a*~d winda~wm
~~+swant~ in tht ~sual siandard pof;cy fam, in a ~um app~oved by ths MORTGAGEE, in tuch company or compa~iet as ths MORiGAGEE may
d'usctJ ind ali fir~ and w~nds~wm inwrance poik~es on any of said buitd~nyi. ~ny i~terest lherein or ~art lhtroof, in the sggrcgare sum afwssa~d or
in eiceu thereof~ s}ail ca+tain tl+e uswl s~andard mortgay~e tlaust w such othK claus~ IF+~ Mat9agc~ may reqwr~, makinp tM loa~ unde? ta~d poiF
cies, eKh ar+d evcry, payabN ro a~d MORTGAGEE ai ~h ineere~t may appsar, and eacb a~d every such poliq ih~il be promptly ass gned a~d delive~ed ~o
~ny held by sa;d MpRiGAGEE as tunF+N secv.iry to sa~d ma~yage debf, arx~, not leu IMn ~sn (10) d~ys in advance of ~he e¦pirat~on of tKI1 pO1Ky, to de-
IivN fo s~id /ylpqiGAGEE a renewal Ihereof, Ioy~ether with a recc~pt fw the pr~mium of such ren~wal; and ~her~ ahall bs no f~re o~ winds~wm insura~ct
placed on any oi said bvildings, any intert~t therein a put tFKreoi, unleu in tF?e form and with IM loss payable u ~foresaid: and in the event any sum
af ^w~Y ~~s p+y+We under suth policy o~ polK~ea said MORTGAGEE shall Mw ~M optan to rece+ve a~ apply the s+me on accounr ot the indebted- ~
neu secu~sd hereby or b petmi/ sa;d 1ApRTGAC~OR$ to ieceive and uw it p any part thereot for o:her purposes, v.~~hout ~h~.eo~ wai~i~r~ o~ nrpair- ~
e*g anY equ~y. lien w r~yM u.Klcr w by virr,re o1 Mis mort~aget uK( in ~ha ~vem ~a~d MORTGAGORS shall for any ~eason fail to keep the ssid premisr~ so
~nswed, p fail b deliver promptty any ot said pol.cies ol insurarke ro said MQRiGAGEE, tJ~ 7ail promptly 1o pay fvlly ~ny premium therefw or in any !
r~+PK~ f+~h b p~rfor~ dischuge, execute. effect. complete. comply with and ~bids b~r thia coJenam, a any part hereof, said MORiGAGEE may plue a~d i
PaY fa suth iMwance w ~ny part ~l+ercof without waiv&g w ~ffectirg any option. Iian. puity, o~ right unde? or by vi.tue oF this Mortga9e, and thc
f~l1 amovn~ of each and eve.y such parmem shall be imcnediately due and payable and shatl be~r interesi from the date ~hcreof umil paid at tha rate ol ,
n~ne per cer+tum per annum a~d fo~ethe. witA wch i~terMt shali tx secured by fhe tien of thii mortgage. ;
1. To permit, cpmmit w wffer no waste, impairr.xnt w deterio~ation of uid property a any paM thereof. i
5. io pay all ~nd sin~ular ths costs, charges and e:penses, ie+cfuding a re~sonabte anorney's fee arid costs of abstractt of title, incwred a pa~d st
sny ti~ne by said ~y?pQTGAGfE, because d ir~ the event of the failure on ths part of ~he said MORTGAGOR to duly, promptly and fully perfwm, d~xharge.
eYecute, effecf, complete, comply w,th and ab:de by each and every the stipvls~ions, agreements, co~ditions, a~d covenants of said promissory r?ote a~d ~hit
T~~9~ +~Y a eirher. and seid costs, cFwges and e:pensts, each and every, shatl be immed~ately due and payable: wtiether a not there be notice d~
rnand. attempl to collect pr wif pe.x/~ng: ~nd rhe f~lt artwunt oi each and eve~y such payment shall bear imeres~ (rom ~he date thereof until paid fhe
.ate oyi ~;ne pe+ centum PC/ al111JT~ arxi all said cost:, chrrges and expenses incu~red a paid, together wrth such inte~esR shal! bs secured by the lien of th;s
b. Thst in the event of any brexh of this Mwtgage or defsult on the part of tFx MORTGAGOR, or (b) in the eve~t ~ny of satd s~ms of mo~?ey
herein reterred to be not prompri~r aed fuly paid wi~hi~ thnty {gpl days nea~ a:~er tf,e sama se~e.alty beco~rw duc and payable. withouf demand w norice.
a{t3 ereM eacA a~d eve~y thr stiputsrions, ag.aem~.as, cer,d;:;ons and coven~ny ot sa~d prom~ssory note and th~s mwtgage any or e~ther are not
july. prornpNr ~+el fully perfamed. d;xharged, executed, effected. completed, compl~ed wi~h and abided Sy, then in eifher o? any such eveM the sa~d ag
g~egate wm mentioned in said promiuory note then rema~ning u~+paid. w;th ime~es~ xuued, and all money~ secvred he~eby, sh~ll become due and psy-
able forthwith, w tFKiNftN. at the optwn of sa~d 1NpRiGAGEE, as fully and comptetely if aIl of the said sums of money were wginally st3pula~ed
~e be pa~d on such day, anything in sa:d prom~asory note « i~ this IY{ortgage to the co~rrary ~owvithseand~ng; and thereuport or lhereaher at ths opUon of
sa;d MORTGAGEE, without notice or demand, suit at law a i~ equity, thereFwe w theceafter begun, may be prosetuted as if ~II moneys secured horeby
r.ad matwed p?wr ro ~ri irutitution.
7. That in ~he eve~t that at rhe beginn;ng of or at any time pendi~g any suit upw~ this Mortgage, w to fwecloze it, or to ~eform it, or to enface
payment of any claims he?eund~r, said N1pRTGAGfE shatt apply ro the Court having jurisdKtion thereot fo? the appoimment of ~ Receiver, svch Court shail
fwihwith appo~nt s recci~er of said mortgaged property all and singula~, inctud~ng atl and s~~guiar the income, prof~ts, is~ues and revenues (rom wF~atever
wurce derived, each and every of wh~cA, it be~ng expressty unde.:rood, is he~eby mor~gaged as if speufically set fwth and dexribed in ~I+e grantir~g and
habendum cfauses hereof, and such Receiver shail have all tht broad and efiec~ive funct~ons and powers in anywise entrusted by a Cou?t to a Receiver, and
s:,ch appointment'sfiatl be made by wch Court as an sdmitted equity and a matter of absdu~e rigM b said MOR7GAGff, and withouf ~efe~e+xe to the
adequaty a in~dequacy of ~he vafue of the propery mortgaged o~ to the so:vcncy or insolvency of taid MORTGAGOR w the defendann, and that svch
re~~s, profits, incorne, issues and revenues shall be applied by such Receiver stcwdmg to the lien or equity of said MORTGAGEE and the practice of such
CouR.
8. To duly, promptly and fully perform, discharge, execure, effect, complete, cor.~ply with and abide by each and every the stipulations, agreements,
cor+d~tions and tovenants en sa~d promiuory note arxl this mortga~e sef fath_
9. That in the event the ownership oi the mortgaged premises, or any part thereof, becomcs vested i~ a person other than the NSORiGAGOR, the
~"ORiGA6EE, its successars and ass:gns, may, w~~hout nor;ce to fhe MORTGAOR, deat w~th s„ch succeuo. a successor ~n inte~est witF~ refcrence to th~s
mprtgage and tE~e deb~ hereby secured in the same manner as wirh Mortgag~x without in a~y way vitiating o~ dixhi~ging the IYlortgagpn' liability he~r
~~~der or upon the dcbt hereby secur~_ Nc+ sa;e of the premises hereby mo~tgaged and no forbearante on t?k pa~t oi the MORTGAGEE w its succeuors
or assigas and no exr~nsian of the time fw the payment of the debt hereby secured given by the MORTGAGEE or its successors or auigns, shall ope?ats
to retease, d:xharge, modify change or affect the wiginal (iab~iiry of the N10RTGAGOR here~n, eitF?er in whole or in part_
10_ It is specificatly agreed thaf time is of the essence of ~F.is contract and that no waiver of any obligation herevnder or of eht obligstion ae-
cured hereby shali at any time thereatte~ be he;d to be s waiver of the terms hereof w of the instrumem secured herby.
11. !n add:tio~ to ihe forego ng monthly paym;nts of princ'paf and interest required by the prom;ssory ~ore secured hereby, morfgagor covenants
a-~d ag~ees to pay ro mo»gagee with each momhly payment an aod~~ional sum estimated by mwtgagee to 6e equat to 1;'12 0( the annual cost of the follow-
,ng=
A-All reat prope.ty taxrs levied w auessed agai~st thc above descri~ed real estate.
B-Prem~ums on fire and windstwm inwrar.ce as here+n requ:red to be carried on the improvements situate on the above described premises.
C-Premivms o~ such mwtgage 9uaranty ir.sura..ce as mortgagee shatl from t~me to time deem fit to carry on the loan secured here6y.
NSorigagee shaei from ti~r_ ro ~i~,e notily rtprtgagcv in writ~rg of the amo~nt due and payable F~erevnder and such sum shall thereupon be dve and
F~yabfe on rhe due cia+e of the rtext month:y payment and eath successive mo~th thereaiter ur.tit mottgagee shall notify rtqrtgagot of a change in such
a~,ount_ $uch sums aha:t be app3ied 6y m.ortgagee towa.d the payment of real property taxes, insurarxe prem:ums, and mortgage guaranty insu ance
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p•e~n,ums. -
~ WITNESS NH£REOF, the said RTGAGpR i~as hereunto xt his hand and seal the day and year rst aforessid. ~
L.. 5~9~~ Seakd and deGvered In presence of:
~ '
- ]C @ H S' a~
n
- " Neleri R. Helms n.,p
STATE OF ~oaowc TenrL a t Lsrge ,
c~utinoF_ '''ashin~ton ~ u-
,
;
~fa~ ~~,,,,~Y a~~~ George F. Hetms a~ ;
Helen R• Helms his wife, to me wefl known a~d kraw~ to me to be
the ir~d:vidwb dew;bed in and who eaecuted the faegoing instrument, and acknovrledged before me that they executed the same for ths purposes
therein ~xp.~a. n„a rn~ ~;a~ Nelen R. Helms
3eoY e F. Helms
w~~e of the wid 9 vpon a sep~rate and priwte
e,am;nat~on by me taken separate and apart from her said husband, sdcnoM,ledcjed ~a and befwe me that she exetvted said instrume~t freeiy and volurr
ra~ily ~ w~iFiq~f Dny compu{s;on, constraint, appreheru~on, or fear of or from her said husband. '
WITNESS my hand and offic~al seal th7: 27th day of Atl St ;l1. a'.~~
73
- - TI,.L~~' x``~7,=
, Notary P lic in fw the State of,f ~it l~rys ~ ;
~ '
My C misi xpires: ' . . _ ~ :
Return To: lo~ ~ ~ .~rA ; ~ ~
~
F~RT F`d"'~ s~"":~'s a~`a" ^u°"a„°" ~ Piotar,y Fublic Elme~:.~"=Robinett - -
-
Oi FOrt P?rCe. i~.;~ , .
FOrt PietCB. F~Oridd ~ • • ~ -~..r
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I ~O~ ~'~i~ ~i t~!;.` .
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This t~strument Prepared By J. H. Roberts ~ Jz. f~f0 i?~+'± ~GvRiE~
First Federal Savings b Loan Association ST_ LUC~E ~Oii11TY FiA.
of Fort Pierce ~ FloYida RQG£~ r0lT'itAS
CtEPK ~iiCU17 COURT z~3~~ ~
Checked By . AF_~C+P.:~ Yf~~FtCD ~
S~ ~ T 112i SM'73
~ ~QKZ18 F~2flfi~4 ~
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