HomeMy WebLinkAbout0497 ?
To placa and conNn~ovsly keep o~ ~he bu~.J~~ ~~s nuw o~ 6rr~•ei~t! ~~~uate o~ s.+~d ~and and o^ a~~ eq~'P"'~'nt and peraonally cc~r«d Ly th~s mortg-
•ye, wJh sll prem.wmf ~hc~con {~a d in IuR, hre insw~~~cr in inr ~wal it~~~u.~rd poSC/ ~O/m, in a Sum a~.~>~wed by ihe MOR~~%.GEE. a~~J w~nJitaim
insu~ance in Ihe uaual s+a~~Jard poLcy ior~n, in a sum a~.~uovnJ by ~he t.1URTG~GEE, in such cornpa~~y o~ cc~npamea a3 the lt1C7RTGAGEE mey
direcq and all lire and w~nJsrorm insura~ce pa~crcs on any of sa~d b„~~d~ngs, any interost ~hrrem or part thercof, in tlx agy~r;~a~e aforoaa~d or
in eacesf ehrrcof, ahall :ontain tha usua! sta:idard ma~9~gae c~~use or tiuch aher c~a~se as IF.e Moi~yagee may reyu~re, n~a?~ng thu ioss u~~drr s~~J po~i-
cies, each and every. payabla ~o sa~d A1JRiGAGEE~a~ ~~s ~~~~c~.•s~ may ap~ar, and eaeh and e~ery au.h po•~cV she~~ tx p~omptly assg~~ed er~d d~~~~er~d ro
any he~d by sa~d htORfGAGEE as (ur~hrr sawrity to ~a~d ~~1ong~3e det,t, a~~d. ~ot fess U~an ~en t10) days in ad.ar•ce of ~he exp~~ation ol ~och po~~cV. to de-
live~ ro said A10RTGAGEE a renewe~ thereo(, ~oyeihrr .v~+h a rece~pt for ihe prr~nwm ol such ~enewal; and ~here shatl ba rw f~re o~ wir:diturm inw~ance
plued on any ol sa~d buitd~ngs, any inta~est thare~n or pa~t ~hereof, ~nlesa in the form and with the ~oss payable as atoresaid; ond in ?he evcnl any sum F
of money becomes payable undrr such policy a po6c~~s sa~d MORTGAGEE sh,,H have the op~~on to rece~vr and apN!v tha sa~~~e on accoun~ oi the ind<o~ed-
ness sewred hr~eby or to pemiit sa~d ~~tORTGAGORS to rec~ive and use it or any part ihereof lo~ o:n~r ;:~r, cse•s. ..~~~.:.~t th u. .v.;~~~•~~ ~~~~P~~"
ing any equ~ty, lien w nght under a by vir~ue~ of 1h~s mc-'geye; and in ~he evrM sa~d MORTGs~GORS shall for any reas~ iail to keep the sa~d p~emis.s so
in~ured, or fail to dalive~ pron,ptly any o1 said po~;c~es of inw~a~xe to ~a~d MORTGAGEE, or Fau promptly to pay fu:ly any prem~~m therefor o~ in any
refpect iail to per(orm, d~scharge, exocu~e, elfect, comp~ete, ton,p~y with end ab~de by this cove~ant, or any pert h~rec+i, sa~d MURTiAGEE may p~rce a~~a
pay for such insuronce or any part ~hereof w~thoul waiving or afFecting any opt~on, lien, equ~ty, or right undrr w by wrtue of rh~s Mw~ga9e, and thc
f~ll amount ol each and e~'ery suth paymanl shell be immedietely due a~xl payab~e and shall bear int.:resi from the date thcreoi un~il paid at the rate ol
n~ne per centum per annu~n a~~d to~rth~•r w~th such ~nt:~cst shafi l.e secured by the litn of th~s mortgage.
1. io permit, commit or suffer no wasle, impairrnenl o~ deteriorarion oi said property or any part thereof.
5. To pay all and singular the costs, charges and expenses, ~nclud~ng a reasonable aHoroey's fee and costs of abstracts of titte, incurred or pa~d at
any t~:ne by said M.ORiGAG:E, because a in the event of thr fs~iure on the part of the sa~d MORTGAGOR to du:y, prompNy and f~~ly perlorm, d=scha.ge.
e~cecutr, effec~, canplete, comply w~th and ab.dr by each and rvery ~he sripulai~ons, agree~nrnts, cond~tions, and coveoants oi sa~d promisso~y note and ~h~s
mortgage any or either, and sa,d cosn, charges and e+cpenses, each and every, shall be immrd~atety due and payable; whether or not there be notice d>
mand, atte~npt to to~iett or s~it pend~ng; and Ihe fu!1 mnou~~t of each a~~d eve~y suth payment shall bea. intcresl from the date thereoi until paid at the
rate of nuie per cent~m p~r annu~r ~n~ all said costs, cha;yts and cx;;e~~ses incurrrd or paid, togett~er wuh such iii+e+est, sl~.+ll be set~red by the lieo of th~s
mortgage. _
6. That (a) in the evrnt of any breach of thn Mortgage or default on the part of ~he IY,ORTGl~GOR, or ;b) in the event any of sa:d sums of money
herein referred to be not pro.nptly and tu~ly paid ~~~tt:in th~rty i30; days ncat a+~~:. the same severatly beco+~ie due and payab!e, witF.out demand o~ notice.
or (c) in tha event e>th and evrry the stipu:at~ons, egreements, corid~~~ons and cove~~ants ot sa d promissory note ai~d ih~s mo~tgage any or either a~e not
~uly, promptly anJ fulty per~orined, d.scharg~~d, eaecuted, effected, compieted, compl~ed w~~h and ablded Sy, then in e,fher w any such event the sa~d ag
gregate sum nzentfo:n:d ~n said prom~ssory ncte then rerna~ning unpa~d, w~~h inrerr,t acuueo, and a~l ~noneys sec~red hereby, sKall becoine due and pay-
able fortt„vith, or thereafter, at the opnon of sa~d MORiGAGEE, as fuNy and compie~ely as il all 01 the sa~d swns of money were or~gina:ty snpu:ated
to be pa,d on such d~y, an/thing in sa.d promisso+y note or in this 1~lorigaqe to the contrary not,~vithstand~ng; and thereupon or theieafter at the ophon of
said h'.ORTGAGEE, vcithout nehce or de~nand, s~it at iaw or in equrty, therelore or tt~ereaitei begun, ma~ be prosecuted as if a41 moneys setured he~eby
had mat~red pr.or to its mstnusion.
7. That in Ihe event that at }he beginn:nq of or at any ume pendir,g any w~t upon this Mortgage, or to foreclose it, or to reform it, or to enforte
payment of any c~a~ms herew~drr, said AtiORTGAG~E sha~! op{~:y ta the Co~n havh~g ~unnd.ci~on ehereof fo~ the a~pointment of a Rec~•ivet, such Cour1 shall
forthw~tn ap,~o~nt a reteiver of said mortgagrd propert~ ell and sinyuiar, inc~ud ~9 aJ a~x~ s~ngutar the ~ntome, prof~ts, iss~es ar.d ~evenues from whatever
source derived, each and evrry of wh~ch, 6r~ng express~y und~rs~oud, is her~by mor~gaged as if spet~ficai:y set iorth and described in the granting and
habandum davses hereof, and such Receiver shai~ have a~i the broad and effer.~ve fwxt.ons and powers in anyw~se entrusted by a Coort to a Receiver, and
t.•ch appointment ahal! be maJe by i~th Cour! as an ad:nin d eyu~ry and a matter of absotute r:ght ro said MORTGAGEE, a~d wrthout reie~ence to the
ad~~quacy or ir.adequacy of iFe vaive of thr property mo~tgaged o~ to tnr so:vrncy or msc~vency of sa~d MORIGAGOR or the defendanh, and that such
renrs. profits, incwne, iswes and revenues shal~ be a~,pi~ed by su:h Receiver occord~~ig to the I~en or equdy of sa:d h\ORTGAGEE and the pradice of s~th
Court.
8. To du!y, promptty and fully pa(orm, discha~ge, execute, eiSe:t, complete, canpty with and abide by each and every the srpulations, agreemeNS,
condit;ons and covanants in sotd ptom+ssory note and th~is mortgaye set forth.
9. That in the event the ownersh~p of the mortgaged prenuses, or any parr tnereof, 6ecomes vested in a person other than the MORTGAGOR, the
MORTGAGEE, ets successors and ass~9ns, may, without not~ce to ~he MCRTGApR, deat w~th such successor or s~ccessor in interest w~th relerence to thia
morigage and the deui hereby secured in the same manner as vxith htortgago~ w:thout en sny way vit:ating or d~scharging the Mortgagors' Iiability here-
under or upon tne dr6t hereby secured. No sa'e of the Fre:r.ises h:riby mo~tgaged and no 4orbearante on the pari of the IdORiGAGEE or its svccessors
or ass~gns ar~d no exren;~on of the t~me fcr ~he pay.r:en: ot the debr h•~~eby secured given by ~he 1tiM1ORTGAGEE o* ~ts s~ccessors or assig~s, a+iall operate
Io re!ease, d.scha:ge, modify change or affect the orlg~nel liau;l~ry of the NORiGAGOR herein, either io whole or in part.
10. It is spec~ficaliy agreed tha~ time is of the essence of this contracf ar,d ~hat no waiver of any ob!iganon hereunder or of the obligatan se-
cured hereby sha!t ai any time thzreafier be held to be a w3iver of tiie terms hereof or of the insnument sec~red he~by.
I1. In acid.rio~ to tha forc~~o";:g •nonth~y pa~m~nts of p:mc pal and intr.es+ requ~red by the prom ssory no!e sec~red hereby, mortgagor eovenants
and aqrees ro ~wy to n:o-rgagee +~~th eacn rnon:h~y E.a~~ ,ent .,n ~Jd,~ional swn est..rared by mor~gagee to be eq~ai io 1. 12 of ~hr a:i~uaf cost oF the follow-
ing:
A-At! real Nrop~rty taaes ~e~~ied or ass_~s,e.t ag ~~•,st th~ aho~e desc~ibcd rral estate.
B Prenu_~~^s on f~re and windstonn msvr~~ a> i:e~c;n r~q~:red to b? canied en the :r*:aroveme~is s~tuate on the abcve described prem~ses.
C-Premiu~ns o•i such mort;:.qe guaran~v icsvcj.ca ..s mo~tgaJre shatl f~J^ tn~.C to ti~r,~ deem fit to carry on the loan sec~red hereby.
Alongagee sha:'I frem t~me to time r.os;fy mcrtqsgc. ir. v.r~nr,g of the amov~t due and payable here~ndrr and such su:n shall thereupon be due and
! payable on the d~e oate of rhe next month:; pay~•~.ent acd cach succe»ive month thereafrcr urait mwtqagee shall notify mortgagor of a change in svch
anw~~s. $uch S:I.T.S s!:a.i be a,:p:~ed b, mortgey~e ~~::•+-d the pai+T:e~t of real property taxes, insura~xe prem,ums, and mortgage guaranfy insurance
E premiums_
IN 1~YITPJE55 :'+HERcOF, the sa~d MORiGAGC~ has hereurto set his ha~~d and seal the day and year first aforesaid.
$igned, Seat nd l~vered - the~presence of: 'y~~o ` ~
' J ~ ~ .A i ~'L.L/`f . (Sea4
f11` v ~ 1i;T ft?. ~~t t~-
5T-L1l+^.~.: ~.~i~
p~; - ::~i~.AS ~ Curtis Barriner ~~aq
~,~L - C• : ~ L U _T ::OU~T (Sea1) .
{~'i ness _ R=rp. ' ~ ~„QO~srX.R rriner ~seaq
STATE OF iLORIDA ! IC 3s AM'~-1 ,
S t. L uc ie u-
COUNTY OF ~
Before me perso+iaEty appeared _ CUrL1S Barriner and
Rosemar _Barrinez his wife, to me well knawn and knov~n to me to be
the ind~v~dua?s described in and who ezecuted the toregoing instrument, and acknowledged before me that they executed the same iw the p~rposes
rherein expressed. And the ~a~a_ Rosesary Barriner
wiFe of the sa~d - Ct11t1S Ba1Z1II@t upon a separate aod private
exam~nat:on by me ta~an separate and apart from her said husband, acknowledged to and before me that she executed said instrument free{y and voluo-
taniy and wahout any compuision, constraint, ap~~If#n ~ r fear of or from hei said husband.
WIiNE55 my hand and oif~cial sea! this_~~.lJ day - rCh A. D. 19 74
~ -
- ~ .
Notary Public in and for the State of Fbrida at Large
My Commission expires:
Ret~m To:
fi:st Federal Savings S Loan Assot~at;on
O4 to~t Prrce. ~~:11.ii!l1~~(~~~•I(:•. ~ _~atIAR~F
~i~ f~S`_ G'yr":3"r. . . . , 7. 1911
Fu~: P:,.,cc. Ficr~da ~.ft..[~ r ,
~ '~j~i".. _..a ~..:a:;JE ~0.
i
•
• A, v ! . ~
G a ry R. B l lwood = ~ _
This Instrument Prepared By = ' - . = -
First federal Savings 8 Loan Association ~ ` -
of Fort Pierce ~ Florida J' J-~
- ~
Checked By - ~F ~ ; ~ t h'..~~ . ~sb
-
-~~~~l~rii:~,;.;,,~,,.
eoo~ 225 o~cE 49fi _
~ ~
- - _ _ _ - ~ -
1.~ ~ { ~ _
~
~ ~:~s~~,~-~~<< ~ ae~'-~ ~
~V~
~
~~~c~~. .
w~ - ~ _ ~