HomeMy WebLinkAbout1385 To ptaa and cyntin~ou~iy k~~p on tiw bulld~rps now w h~r~afiK uw~te o+~ said land ~~d on att puipn~+nf ~nd p~nor?~Ily oo~ra~d by lhis marp-
~g~. witF~ dl pr~n?ium~ IhKeon p+~d in fuU, f~r~ inwr~na in th~ uswi standard polity twm, in ~ sum approv~d by ths MORiGAGEE. snd w~ndstorm
insura?c~ In tM vsw) ~~~nd+~d pol~cy IornL in a tum apprortd by tM MORTGAGEE, in such tompanY o~ ~'W~~ ~1 ~M N~ORTGAGEE may ,
dirscq u+d aU ik~ a~d wiod~a~m tesw~nc~ ~itN~ on any o( wid build~nps, any iotsr~st ~Mr~b~ or p+rt thsrwt, In ~M s9p+e~at~ wm aior~said w
In exc~u ~b~reof. shsll conuin rM vawl u~ndud margagM d+~+~e a iuch aFw~ tlws~ a IM Nbrl9~go~ m~y nqv'u~, maki~p IM bu undK a+~d Po1i~ /~r!~
c~es. tach ~nd ~vay. paYabl~ ro~aid MORTGAGEE ;ts interett rtwY +Ppw. and esch and ~very t~ch policy shall b~ p~on+ptly ~u:yned ~nd defiverad ~o X
•ny hsW by s~id lNORTGAGEE ~s funl+~r secw~ry ~o s~id ma~p+~ debt, and, not t~u than t~n l10) days In adranc~ of the ~xpi.ation o/ exh policy, to dr
~
l~v~~ to Nid MORTGAGEE a r~newal tMrwf, to~e~hw with a receipt for the prsmlun+ 01 ~uch I~MWiIJ a++d then sh+~~ bs p Wiodtto~m inwranc~
plaad on ~ny of taid build'a?as. ~ny inte~~st ther+in w pan tharsaf, unleu in the form and wilh 1he lou payabl~ ~s ~fa~s~ldi and in the fvt/11 al~y tYT
of maNy b~com~a p+Yabl~ u^dM wch P°~icy Po1'u~s a+'d MORiG/1GEE ~hall Mw ~M oWion to ~~ctiw and ~pp1y tM same ot? +cca+M of 1M ind~bted~ _
ness tecured her~by p to ptrmil uid MORiGAGORS f~ receive and us~ it a anY Pa~~ ihereo4 ior other pvrpwet, without thxeb~ wai~inp w~mpa~~' '4
ing any puity, lien w ri9M ~nd~r a by virtwp~ this most9~pe: ~nd in the wsN sa(d 1NORTGAGORS shatl fw ~ml reawn i~il ro ke~p tM s+~d p+tmises so
insvred, w fail b d~live~ promptly ~py Qf said polKies of lnsu~anc~ to uid MORTGAGEE. w fait pranptly to pay fully anY pr~mium tt+asfw w In any ~
.espect (ail w pNfwm, d~u!?uge, ex~cvts, effect, compt~t~, co~*~p~Y wi~h +^d +bide by thi~ cove~am, a any put he~sof, wid MORTGAGEE m~y p~~ce u+d ~w~
..._L.t.... .~r...i.... m~~ Ii.n. .ouitv. or ri~h~ unda or by vi~tw of thit Mo~t9+pe, and the `
• - - .
pey ~~w s~xi1 u.~w.~»...: ::.=•-~c ~ - _ - -
~ull ~mount of each ~++d ~very svch payment shalt b~ imin~di~tety due snd p~yable ar~d shall bear Interesf from tM dale thereot u~ni ps~d ~i ~n~ ~.+e v~
n~ne per c~ntum pet annum ~nd togethe~ with auch interest shall be secured by IM lien oi thif mortyaye.
1. To p~rmit, commit or suffa no wa~te. impai~ment or de~etioration of w~d p?operty a any part tlareof.
5. To pay all u~d iinpvla tM costs. ch~rpes u+d exPa~xes. includinp a reason~bk attaney'~ fee and wsb of ~bsfracn of tiU~. incu~r~d q p+id st
nny time by said MORIGAGEE, bec+uss or. i~ the w~nt of the failure on the ps?t of the said MORTGAGOR 1o d~+fY. P~a^'P~~Y ~^d fu11y pe~form, d~uhargR
exec~ts, effM; complN~. comply wifh ae~d ~b~de by ~ach ~nd every the itiputatiau, agreaments, ca+dilior+t, and oow~+nb of seid promi~swy nofe and thii
f„or~gape any o~ e~rha. ~nd said costa, dwges and expenies. ~ach and every, shatt be lmmadiately due and payabl~j whe~her a not the.e b~ not~oe ds f
mand, sttempt to collect ot wit pa~ding; and tM fult smount ot eacA and tverY wch payment thall bser interesr from tM date thereoi unrit p~id ~t the ~
rare of nine per centum per ~nnum; arx! afl said cosq, charges and eapcnses i++a+~red w p+~d. ~osiether with tuch interesl, sh~ll b~ setured by th~ lien of this
mortysys. _
d. That h+ tM avent of any lxeach oi this Mwigage or default on ~he part af the MORTGAGOR, or (b) in the w~++f +nY of said tums of nwnsy
herein r~fxred to be nW p~ompNy and fully paid within thirq (30? daYS next af~er the sx~ sever~tly becor+k dw and payabb. without d~mand or notice, -
or (c) in tM ewnt each ~nd every ths stiputations, sgraemana, conditions aocl covenanta of ta~d promissory not~ ~nd this rtartyap~ W+y or eithe? ar~ no1
iu~y. Promptly and futty perfamed, d<scharged, eaecu~ed, affected. complered, complied wi~h snd abided by, then io either or ~ny such evaM the ~aid a¢
gregata wrs+ menriorted ~n u~d Fvonussory note then remaininp unpaid, with iNerost acuued, u+d ~11 moneys sea+?ed hertbY, sh+~l beoo~e dw a^d p~y~
eb:e fwthwith, 01 fF1QfNfiN. at ~he opr~on of sa~d MORTGAGEE, as fu11y u,d completely as ii all of the said wms of money we?e ~orqmalty s~~pvlated
;o be pa;d on such day, anything in sa~d prom~sswy note or in this INortyage 1o the contrary nofwithstsndir+g; ~nd therwpon a? thereaft~r at the optron of
said MORTGAGEE, without notice or derne~d, wit at law w in equity, fherefore or thereaiter begun, may be prosec~~ed ~s if all mw~eya Mcvred hereby
n~d mawred pnw to iis instil~lion.
7; Tha~ in ihs evmr rha~ Qt ~he beginning uf or st sny time pe~ding a~y suit ~pa+ thi~ Mo+tgage, w ro forecbse if, o? fo rofwm it, w fo e~fwo~
paymeM of •ny claims hereunder, said MORTGAG~E shail appiy to the Court having jurisd~ct~ thereof fw the +ppa~tment of a Reteiva, wch Cow1 shal~
ier!hwith appoint a receiver of said mortgaged prope~ty all and sirgvlar, includ~ng alt and aingul~r the intoms, profiq, iu~rs and tevenues }rom whit~ver '
source derived, each and every of which, it beirg expresaly understood, is he~eby mor~geged ss ii sp~tifically set forth ~nd dpcri6~d in the 9rantirg and
habend~m cbuses hereof, snd such Recciver shail have aIl the broad end elfccti~e funct:ons and powers i~ anywise entrusfed by ~ Court to • Receiver, snd
i~ch appoin~meM shall be made by such Court as an admitted equity snd a matter of absoiute ~ipht to s~id MORTGAGEE, ~~d without rtferente ro the
edeq~aCy or insdequacy of the value of the property mwtgaged or to the soivency or insolve~cy of said MORTGAG~R or -N+~ d~fendsnri. +~d that such
re~+s. profin, iecane. isu+es and revenuea shalf be appfisd Dy such Receiver accad~ng to flte 1'~er~ ot equity ef said MORiGAGEE and IM practice of such
. ,
Court. ~
6. To du1Y. PromD?~Y a^d fi?~~Y Paform, discharge, execute, effed, cortptett, comply w~Ih and sb~de by e~ch snd ev~ry tM stipulafwns, sy~eemenis,
;ond~tioro ard covenants i++ sa~d pram~ssorY note ux! thia mortyage ut forth.
9. Thaf in thr event tiro ownership of the mortgaped p~emises, or any pah thercof, becomes vested in a perwn otFwr than the MORTGAGOR, tM
:tORTGAGEE, iri succeuws snd assigns, may, wirhovt notite to the MORTGAOR, deat with such futteuw w successor in interest with referente to this
mortgage snd the debl hereby setured irt the same menner as with Mortgagw without in any way vitiatinp or dixharging the Ahwtysgon' liability hera
~:~der or upon the debt hereby secvred. No sale of tlie p~em~sr~ hcreby mo*tgsped and no iorbesrsrw on t}?~ part of tM NIORTGAGEE a its wcceuors
~..d ~,,..R~;~. ~F *M ~~n,w for the oavmem of the debt hereby secwed given by the MORTGAGEE or its suctessors or auiyns, ~h+ll opsr+le
+o release. dischar9e, modify ch+n9e o? affcct the orig~a~ ~~~ti:!~ry oE the 1NORTGAGOR herein, ~ither whoie w in p+?t.
10. It is spec~f~cally sgreed that time is of the esxnce of this contrad and thst no waiver of sny obligaYwn h~reunder a of tM oblipaYan se-
cured hereby shall a1 any time thereafter be held to be a waivet af the terms hereof or oi the instrument secured hetby.
11_ In add:tion to thc fw~go:ru~ monrhly payments of princ'pal and interest rcqutred by the promiuory no~e secwed hereby, mortgegor covenanri
a~d agroes to pay w n+o:tgagee with each mon~hly paym~nt an add~~iona~ sum estima~cd by mortyagee to be equal-to 1/12 of the anoual cost of the follow-
~ng: - -
A-All real property taxes tevied a as~esced agaisnt the above desuibed real estata
8-Prem~ums on i~re and windstorm insV~a^.ce as he~ein requ:red to be tarried on 1M, improyemenri situate on the above desuibed premises.
C-Premiums on such mortgage gua~arty ir.surance as morrgagee shall from t+me to time dcem fiif to cury on 1he loan secured herebY•
Mortgagee shail from time to time notify mortgagor ~n writing of the amount due and payable hereunder snd s~ch wm shall thereupa? be due ~nd
~.abte a+ the due dare of the-next monthly payment and each successive month thereafMr urtil mortgagee shall ootify morlgagw of a thange in soth
~ a-~ cunf. Suth wms shall 4e app~ied by mortgagee toward the payment of real propeny tsxes, insurance prem.ums, and mortgaye guar+nty inwrsnce
j ;;rem~ums.
{ IN WITNE55 WHEREOF, the said AM1ORTGAG02 has hereunto set his hand and seal the day and yes? ~rst ~faessid.
~ Signed. S~~kd and delivered in the presence of: ~C/~
~'e~i cs~.~
- Z1 .
~I~'.~` a i ~`'n
. ~,,,n
5 ~ ATE Of FLORIDA ~
St. Lueie
COJNTY OF
8efore m~ perso~a~Oy~pQear JOhA S. C~ez and
Charlotte A• C~er his wife, to me well known ~nd known to me to be
ihe individwls desuibed in a~d who executed 1F?e foregoirg instrurtxnt, and ackrawledged befors me tfiat they exacuted the same fw the pvrposes
tnere~R expressed. And the sai CbarloLte A. C~ReY
,r,~fe of t~ ~.~d Jo2us S. Ceoer ~ . ~..,~e «+a ~.rv.+.
exami~atwn by rtx taken separate and apart from her uid husband, edcnowledged to end before me that the execvted said instrument freely and vol~rr
~a-~1y and w~thout any compulsion, constraint, a re ion, w feu of or fran her ssid husband.
~ WITNE55 my hand and officisl seal Ihi~ • - day Aa St . _ A. D~ 19 74
~r .
~ Notsry Public in ~nd for the te of Flor' N lsr~e .
• My Commission e:pre~
~ Retum Ta 9
~ first federal Sav'ugs b losn Associatior~
~ ,r' T• "
Of Fort Pierce. ~C~O ,~.uNi1f1
~1~a.-~
~ Foit Pierce. flwida t~ . ' • t~~ ~ ~ '
~R E4 ' J;~L~,~.j~gj
f' .
~p .
~ ~}~~~ci~ ~poia t, . _ ; a
TE-; .~fi ~ -
c. ou T ~ _ ~ ~ ~
~ Robert A. 9Rish~~4~ '~ti~ C A A~.:
This Mstrument Prepared By IlK+1~~`~ _ ~ :
-o1Fi~0 ' '1 : t: ~
_ - , < ;
o , r . '
First F e dera: S avings b Loan A s s
o c i a t i o n RE f 9 P ~ ~ : A d~` x1; .r~"'
~ of Fort Pierce ~ FlOYida 33450 59 t?i1 ~~1~ , t~+ j~~
v~.. .
~ - ~ • ~ ~ . . ~
~ y
Checked By ~a- ~ ~ ~.A?~~a~i~:?
' ~
~ pa , - ;
600d~~ PJICE~~ ~ ~ ,
~ . c sw
~
. . . ~ _ - - ~v:~ ~