HomeMy WebLinkAbout1354 To ptxs and connn~ousiy tcep on ~1+s Eu:`d~nys no« o~ ?+~reaffe~ uwa~~ on sa~d land end on all equ~pmero and perio~atly cove~ed by ~hii morty~
ye, ,irrh ati pr~c,,,rns tititrew~ fa.d dn fu:i, f:re ~ns..~anc~ ~?+e uwal ~urxJard ~,oticy fwm, in • tum app?oved by the N10RiGAGEE. ~~d windstorm
,,a,,,an~,~ tFy v~.~1 ~e~nd~rd pot q iwrn, in • sum approved by the MORTGAGEE, in such tompa+~y or eonopan~ss as tM MORTGAGEE rnay
d.rcc+: and ad f:r~ u.d ww+dswrm uesurance pot~ues on any oi sa~d buitd~nps. any inter~st therein w part thereol, i~ tM aggrep~te aum ~fwesaid or ~
e,coeu N.ereoi, s~,~[i _ontain uwal srar+dard e~w~+9a~ee ci~ute or +uch o~her c(ause ai fhe 1No~~9agee may ~equ~r~. makirp ~ha ~oss ~nde~ ~a~d poli~
ors, ead~ ~nd e~. Wr»•e ~o sa~d MJRiGAGEE as rtt imerri~ may appea~, af+d each and every ?uch po~~c/ sFwtl be prompt~Y +ssgned a~d deGvered to ,
•n~ heW br s~.Q NIOR'.GAGEE a f~rthcr src~rity eo a~id mor~9sge debt, and. not lea~ than ~en (10) days in advance of ~he expira~~on ol e~ch policy, to d~-
t.n b sa+d MORiGaG~E ~ renewal thereof, together with a ~eteipt for the prrn,ium ol such ro~ewal; and there shall be r,o fire or windstorm insu~anc~ "9~ '
p:~oed aw ~ny ei sa,d b,,;'d~f+gs, soy :ntcrest ~hae~n or R~r~ thereoF, un!ru in tFK for~n and wi~h ~he toas payable as aforesaid; ~nd ~n ~he event any sum
oc T,y~ey beca„ms psYabje v:.de, u.ch pai~cy w po~.cies u~d MORiGAGEE shall Mve il?e option 1o rKeive and apply the ssme a? accounl of the indebted-
~,~ys aec~,,~d hers~y or eo pe.m:e sa=d k10RTGAGORS to rece~ve and vse it p any Nart ~ne:eof for otnr~ pvrpeses, w~~no~t fhar~o; wal.in~ ~r ~n,pair
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:rq ~+Y equ~ty, (csn ar rghr und~a or by virtue of th:a mc~:gage; and ~n Ihe event aa:d MO+~TGAGORS shall fo? any reatw? fait to keep the said premisas so ~
.~w-cd. or ia;l w dc~~ver panptiy any of sa~d po~rcies of inswante to u~d MORTGAvCE, u fail promptly to pay fully +oy premi~m therefor o~ en any , j1
--s`ect fa:~ w pe~or~++. ds:haTge. esecute, effecf, co~~p:eta, tomp~y with end ab~ds by this tovenanl, a any part hereof, said MORiGAGEE may ptace and _ t
{a ~;~„~~e w any pa.t tA~reof w~rhout waiving w afFecti~g any opt:on, lien, equ~ty. w right under or ~ virtue of thif Morty~pe. and tht ~ ~
rro~,nt of exA and e.e*y such paymrnt shsi~ be ~mmed'urel~ due and payab!c and sha~l bear imerest from tiri date thereof unt+l paid at 1M rate of ~ ~
-,~;nr4•a pe~ an.-w ^ ar.d roaerr,~r wr.h wch 1nce+cst sna~~ be s~c~red by the Gen oF this mo~t9age. . ~
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l. To yumir, commit or wffer no waste, i~rpaermem w deter~orat~an of sa~d property o~ ar?Y pa~1 therecf. ~
S. To .~aY at{ a.~,d seg~i~r tfie coats, c~arges a~d exoMSes, includ~ng s reasonable attor~ey s fee and cos~i of abshatri of title, incurred w paid at ~
?:-r ir~ sa,3 AtC~'W1G~E. Eecause c+ .n ~he evrn~ of the fa~~ure w+ thr part of ~he said MORTGAGOR to duly. promptly and fully perfo~m, discharge. ~
=._:_fe, effecf_ compte~e. mrply w~ih a:+d ab:de oy eac~ and every the s~~pulatans, agreements, cond~tions, and covenants of sa~d prom~ssory note and this ~
- r•~~ge any w e,rl+cr, u.d sn d cosn. chs*ges and expenses, cach and eve*y, shail be immed~alety due and payable; whether w no1 there be not~ce do-
ir.e•np~ q co:+cd w wit pei~•ng: w++d ~he tult amour.t o4 each and every such paymem shsll bear inroresl from the date thereof until paid al the ~
n,~e pt+ c~r.t„~n Frr a:~~w:~, a:~c au w•d :osn, :iu:3es anrl ex;,er.ses ~nturred w paid, togrther ~v~th such interest, shal~ be setu~cd by the lien of this i
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~,+~3~ge.
~ Tlwt (a) in tt~e erN+r of any brexh of rhis hbrrgage o~ defautt on tt~e pa.t of the MORTGAGOR, w(b3 event ~ny oi said s~ms of money 3
~.ere~n rofrreed ro be nat FryrFtiy and futiy pa~d ~v~thin th.rty !30! days nrxt a+rer ihe seme severa!ly betoms due and payabte. wilhout damand w notice, ~
~ ~„d Q„P.y ~i,e sn,~u:an~ns, sgreemenrs. cor.d~s~o~s and covenanrs of u.d praniswry note and th;s mor~gsge any or e~ther are no~
ap~nyriy ar.d f..~y prrforTrd, dschafg=ei, exe:~t~d. r4Fected, corr.pteted, compi~ed w~th and abided `~y, lhen in either w a~y such event the taid ag~
:n ~ d pro~n~u~y rwrr !hen r~main~ng unpa~d: with incerest accrued, and all moneys setured hereby, shall txcame due' and pay- ff
=:-~h«.rl~ or ri+erear*e•, at rhe c a~e o+ s~.d iV!CRiGAGEE, as fuily arx! c~nple~eiy as ii all oi Ihe said sums of money were w~g~~ally s~ipuiated ~
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ca~ ca suh d:r, a~y~h+r.g .n sa d prorr ssary note w in thts Alwtgage to the cont.ary notwithstandeng; and thereupon or therealler at the option of ;
J~i~JITTJ~VFE, M~~~~C42 no*•ce c* c~r.:ar.d, su~t at taw w~n equny, t!serefo.e or thereofier begun, may be prosecuted as if all moneys setuted hereby ~
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~ ---";ned ~.o. ro .n ~ns:~-Lr~c~. +
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T. ~i~ar n rbe r~er.~ rha+ at r!p ~egr.n..~g uf or at any ~+me p.:^•d~ng any wit upon thia Mortgage, w to foreclose it, or 1o rcform it, o~ to enforce ~
- --r c' a~s c,.-'s *rev~~~, si:d ~'JRTG:.~:_ shi! ,s~piy to ene Coun h>~:~:g ic:~sd;a~on thereof fw the appantment of • Rsceiver, such Courf shall i
~,-n r~c_.-r a re:e~.r• c~ s_.d r-,rr~a3ed ~rof_~•ty atI a~d s:ng~!a~, 7:~c ~d:~~g atl and s~:~gu~a. ~he income, proiits, issues +nd revenues from whateve~
~t ,e3, each a~d rv=r~ a•' A6. ch, tt~~g .~xprrss'y unders:cod. ~s t.erevy monqaged as if spec~fitally set forth and desuibed in Ihe granting and
-C•,rr~ c~Lnes ~erca*, acd s~c~ Rece+.e• sRa~~ a~.. ai: fho D'Odd and efiect.ve fur.u.ons and powera in anywise entrusted by a Cou~l to a Receiver, and
• 3.-yc:n•-:.e;:r sns•: oe .r.~ce or s~K~ Co~•! as ar ad~~~~trd eqvity ar.d a n arter of a~so~ute r.gM to said MORTGAGEE, and without reference to the
y,n.~3r~.a:r ~f t+~a ~,e o± shr pro;.ertp mort~aged or re me sa.v._^cy or +r.;U~vOMy of said MORiGAGOR a the defendants, and that such
s~-ai~n, ~r<~. :u::es a:~ revrn„rs sna~t oe app~~ed b/ su:h Rrc~~ver aue:.i:ag ~o the tien or equity of said MORiGAGEE and the practice of suth s
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» 3_ 7o e~' i, ~•c*-: r Y_^d °:,~'Y Fe~'o'^', d:s_rarge, exec~tr, efiect, corry~lete, corno~y with arld abide by each and every the stipulations, agrcemenis,
ar.d <c.er.a~rs ~ z~.c ~:o^.sso:y :.c•> ~•:d cr.s mortgaye set foalh_
:rL! ^r e.~^* c~ cr-e-s~:c c~ Tcz~ ~:or:gaged are~~ises. or any part thereof, becomes vested in s person other than the MORTGAGOR, the
=-vc=. ~•s s_c:_•s~~•s and 3s_-~ns ~r,ay. w.~F:.:_r r.ot;ce So ~~e MORTGAOR, deal w+ch such successw u successw in iMeresr with reference fo this
a-o t^._ ce_~ --~=b~ sy.:r~d ~n •te ss-~e :er as w,:h ttortgagor without in aoy way vitiating or d~uharging the Mortgagors' liability hert
r, L__„ d-cr ~e~e::~ s._~-e~ f:c s;e o~ t~e F~e~~~ses herr~y mortgaged artd no fubearante on the part ol Ihe MORTGAGEE w its sutceswrs ~
_ ~,S ~•,d z,•z-; n- o! ,ne r::e ~ar,rrnr of the dcbt he~eby srcured given bq the MORTGAGEE or its successors or auigns, shall operate ~
= c c-1Z. ~~SC-~d'_!. ~"~C.TY :'^aye cr ai'~s r~,e c•~~:nai liao.;:ry of ~he NORiGAG.7R Fxrein, either in whole w in part. ~
Try_ St is s:.~_'.c~ .r =g-aed t~.at r;~-,e is cf rhe esse~ce of th;s contract and ~hat no waiver of any ohligation heieunder or of the obligat'an sr ~
,_-.~c F`~toy s-a . ar a~, s~r^e tr.erraf~e- ~e ~`C.~ ~O b~ a wa~.es of the tem.s hereof, w of the instrument secured herby. ,
; i. ;n ~=~,e3c •n ~:.:,;:~'.:^'s of p-i-c'pa; and imrres~ req~~:ed by the prom~uory note setured hereby, mortgagor covenants
--ees -e ~ay •c r c-•;~cee ra;``^-:, ,'e~r ar ;dd~rrona! sum ;~sr~•~arc•ci bp mortgagee to be equal to 1;'12 of the annual cost of the iollow-
i A-A'1 r<a' ~.,;pvr~ f3t25 `zn_d or =,sess_d ag~i•~s' :h~ abave desribed real eslate.
i __r ~ 3~~ ,,,::,3;rcr~- [rs_-a-:~ ~:e~r. req~:red to be ca.r~.d c~ the ~mproveme~ts situate on the above descritsed premises.
~ t-?~~- _>-~s re s~•d: T:;~-,~~e a~arsntr i:rr.z~ce as mertgagee shalt frc-r. tme to time deem fit to carry on 1Re loan secured hereby.
~ t'crr3a_x s~: r::-e s^ • e: c r.o-ty,go• ~n wnr:eg or the ~--.ou•.t dve a~d payable hrreunder and suzh sum shall thereupon be due snd ,
~ .rK ~a•e ci r-= o:r-..; •p3;~rc^! and each s~ceess~ve month tnereafter ur~~il mortgagee shall ~otify mortgagor of a change in such ~
~ S~:cr :.-*•s 5.^.s.i L2 a,:.p:~ei c+ T_~'9'-g'-' ~e.~ard tF.e payment of reai prope~ty taxes, i~sura~ce prem.ums, and mortgage guaranty insurance
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ti Y+ti`:;SS t.H~£=0f. •nr sa:d I:ORTV'rCri~R ~133 he.eu~to set h~s har,d and seal the day a ar st aforesaid. #
§
ar.a de;ivered i~ the presence af_ ;
Seaq j
- Robert B. Mitchel2 ,q
l / 7~ I rs~.q ~
: N~~y M. M~tChell (Seaq '
= C~f ftORiBA
SS.
.,-,r ~ St. Lncie ~
~ . a~a«a _ Robert 8. Mitchell ,,,d
pers~a:' Y
NanejC M. K~tC~1P.~1 his wife, to me well known and known to me fo be
.-~:,;~,a;s desc.,~ed in and w'a execured the fo~egang instrument, and acknowledged before me that they executed the same fw the purposes
_a., z~.d Nancy M. Mitchell
~ . ~j ~ a ~ete snd ivsts
~ Rohert B. Mitchell ~p«, uP. P•
--ar.cve cy :+~e ra~~re s>carar~ and apart fram her sa~d husband, acknowledged to and before rt~e that she exetvted said irutrument freely artd volum
~ ard w rt-an a~y cc-rc:,.:.c~, cavtrairt, apprehens:an, or fear af or from her uid husband .
,k":TT.~jS my hard a~d o`f:c;a~ xaf this_ N~'~ day af_ - A. D. 19 74 ;
, ~ •
~ Notary Public in snd ~or the t e of fbrida af L~rpe ~
M Commisaion tx i~ts: ' `ti .
r a ~ a ~'~.j.~: . ,
Rctwn To- ~ .
: =.-ss Fedetat Sa.ings 3 loan Asscc:at.ort . ~ j•, -
~ G~ a= REGOROED vs~T lb~ Nr~ '
~ F«. v,~:~~. ~:,-.d; flLED ~?N@ , ~ -
~
ST.~UCIE CO'JNTY FLA. . :
ROGEA ?)I~R~S * ~ , . ~'F~? K'C1 ; `r~~ 4 .
ClER1lC~~l^,I~J1T COVR1 ~ ` • ~ {~V~.' ~ 1
qEf;~RD VEF~~~E~ ts' .
This Instru~nent Prepared By J. H. Roberts Jr. ~Y ~ '
~ . .
_ F~rst Federal Savings b loan Association 9 5a ~1 ~ l~
~ of Fort Pierce ~ FloYida 33450 '
~ ~ 2~~~1
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2~8 ~135~
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