HomeMy WebLinkAbout2621 To ptac~ snd cominu~us~y kcep on the b~~•J~n9s now a Mroaiter ~~tuste on sa~d land artd on a~~ cquipmtro and persa+llfy covered by thu mortg
ay~, with all premivms ih~reon pa•d in fu~l, (ire in~urance in tha u~usl s~ar,da~d po~~cy ia~r., in • tum approved by tM MORiGAGEE, and windstorm
insuranc~ in tM uiual ~tandard pol~cy fa~n, in • sum spprovsd by ~hs MORTGAGEE, 1~ tucA comP+^Y o? compan~es +s ~he MORiGAGEE may
direct; •nd all (irs and w~nds~orm ~nsuronce pol~ues on any oi sa~d build~n9a. any inlerest therein ar par~ thereof, in•ths a99regate sum afaesaid w
i~ ~:cess Ihcreof, ihall contain ihe usual standard margsyee dauu a such othe~ clav~~ as ~he Ma~yagert may requ'ue. making the loss unda ta~d pot4 •
c~es, each and eve~y, pavat!e ta sa~d MORTGAGEE as i~~ in~eres~ may appear, +nd each and every such po}~cy shatl lx prompt~Y =t= 3^e'! '^d det~vered to ~
sny heW by said MORiGAGEE ai fur~her secur3ty to ~aid mortgag~ deb/, and, no~ leu tMn ~en p0) dap in advance ol ~he expirotion of each pol~cy, to da #
Gver to ~aid MORTGAGEE a renewal thereol, togetMr with a rete~pt fo~ the p~ernium of such renewal: ~nd ~here shall be no f~re o+ windsto~~Y+ ~~wrance ,
placed on sny of taid buildngs, +ny intere~t therein a part thereoi, unles~ i~ the form and with tF+~ loa~ p~yablt as afwesaid; and in the event any sum
of money becon+es payab~e unde~ s~ch policy or po~~cies said MORTGAGEE shall have the op~~on to rece~ve a~d apply tfie u~~+e on acco~m oi ~he indebted~
ness sKUred hereby w W pe!mit sa~d MORTGAGORS fo rete~ve and use il w any pa~t thereol for otnc~ pu~posrs, vi~~ho.,t ~h.r~.u~ ~vei~~~7 0~ ~"~P~'~' w
ing any equ~ty, lien p rght u~der w by virtue of this ma:gage; and in ~he ~vent w~d MORTGAGORS shatl for any reason lail to keep the ss~d premis_s ~o
~nsu~sd, or lail to de~iYer prompl~y ~ny of said po~~cies o1 :~uurance to sa~d MORIGAGEE, a iail promptiy to pay fully any pre.n+um there{o~ o. in arty ~
reipec~ fail ?o perform, diacharge, exccute, effec~, complete, compty wi~h and abide by Ihis covenan~, a any part hueof, sa~d MORTGAGEE may p~+ce a~~d ~
pay fa such insurante or +~Y p+~t thereof withovt waivirg or affecting any op~~o+i. ~ien. eqvity, or righl under w by virtw o( this Mot~gage, and the
}~II amouot of each ~nd e~ery such payment ihall be immediately due and payable and shall bear interest from the date thereof un~il paid a~ tha ra~e o1
n~no per centu~n pe~ annum and to~e~her w~th such interest shal~ be sacu~ed by the lien of lhis mortgags• F
1. To permif, commit a suffer no waste, Impairrt~tnt or deterioration of said property o? ~ny part thereof. ti
t
S. To pay all a~d singuls~ tl~e costs, charges s~d expenus, ~ncluding a reasonable attwney's fee and costs of abstracts of title, incur?ed or paid st
any time by said MORTGAGEE, beca~se w in the eve~t of ~he fa~lure o~ the pan of ~he said MORTGAGOR fo duly, promp~ly and fu~~y perfam, d~scharge.
execute, etfecf, complete, comply w~th and ab:de by each and every ~he stipvlations, agreements, ca+ditions, and covenants o1 u~d promissory note a~d ~hii
mo~?gaQe any w e~~her, and sa~d costs, charge~ and expeoses, each and every, sMll be immed~atsly due and payable; whethei or not there ba not~ce da
mand, attempt ro col{ect or suit pendmg; and the tu:l amount of each and eve~y svch paymem shall bear intere~t irom ~hs da~e lhereof un~il paid at the
r,,re of n~nc per centum per an~~u:n; and all said coats, charges a~d expenses incurred w paid, ~ogether w~th such interest, thall be secured by the tien of thii
morlQag~. 3
6. Ths1 (s) in thc event of any breach of this Matgage or default on the pa~t of the MORTGAGOR, or (b) in ~he evcnt •ny of sa~d sums of nw~+eY !
F~erein refer~ed to be nol promptly and futly paid within thirty (30) days ne,~ after the same severally become due and payable, wi~hout demand or notice. ~
or (c) in tbe event each and every the stipu~at~ons, agrcements, cond~tions and ccvenants of sa;d promiswry note and th:s mortgage any or either are not ;
iuly, promptly and futly performed, d~scharged, execu~ed, eftected, completed, complied with and abided Sy, then in e~ther or any such evem the sa~d ag ~
gregate sum mentioned in said promissory nOte then remaining unpaid, wilh interest actrued, and all moneys secured hereby, shall become due and pay- ;
aDie futhwitF~, or thereafrer, at eFx op~ion of said MORSGAGEE, as (ulty and compte~ely as if all of the wid sums of money were originaily st~puSated
ro be paid on such day, anyihing in sa;d prom~uwy ooee or in this Mwfgage to Ihe coN.ary notwiths~anding; and thereupon w thereafter a~ the opt~on of 1
sa:d MORiGAGEE, without ~otice o~ demand, suit at law or in equity, therefore o~ thereaftrr begun, may be pruseculed a~ if all moneys secured hereby ~
ned matured prar to ~ts irutitWion.
7. That i~ the evcnt tF~at at the beginning of or at any time pending any suit upon this Martgsge, or to foretlose if. or to refwm it, or to enforce
payment of sny claims hereunder, said MORTGAGEE shall app~Y ?o the Court having jurisd~c:iw~ thereof fw the appo~ntment of a Receiver, such Court shall :
fonhwith sppoint a receiver of said mo~tgaged property all end singular, includ~ng all and sing~lar the intome, proiits, iu~es and revenues trom whatever ~
sevrce derived, each and every of wh~ch, u being ex{xessly unde~stood, is he~eby mortgaged as if speuiically set forth and dewibed in the g~anring and ~
habendum tlavses hereof, and such Receiver shali have all the broad a~d effecrive funct~ons and powtrs in anywise entrusted by a Court to a Receiver, and ~
:~ch sppointment shall bc mede by such Cour~ as an adm~tred equity and a maite~ of absolute right to said lNORTGAGEE, ~nd wi~hout re(erence to the j
adeqvacy w inadeq~acy of the value of the p.operty mo~tgaged or fo the save~cy o~ ~nsolve~cy ol said MORIGAGOR or the defencants, and that such ~
re~n, profin, income, issues and revenues shall be ap~pGed by such Receive~ accordmg to the lien or equity ot said MORTGAGEE and the practice of such
Coutt. ~
8_ To duly, promptly and futly perfwm, d~scharge, execute, efEect, comp~ete, comply with and abide by each and every the stipulations, agrcements,
conditions and covenants in said promissory note and this mortgage xt fwth.
9. TF+~t in the event the ownership of the mort9aged premises, or any part thereof, becomes vested in a perso~ otlKr than the MORTGAGOR, the
htORTGAGEE, its su<cesso~s ar.d ass~gns, may, without notice to the MORTGAOR, dea~ with wch successor w successor in iaterest with reFerence ~o this
mo~tgsge and the deb~ hereby secured in the ssme ma~rxr as with Mo~tgagor without in any way vitiating w dixhargirg the Mortgagors' liability hera-
under or upon the debt hereby secured. No sale of the premLSes hereby mortgaged and no forbearante on the part of the MORTGAGEE a iri auccessors ~
o~ assigns and no exte~s~on of the eime ior ~he payment of the debt hereby secured given by the MORiGAGEE or its successws w au~gns, shall operate ~
to release, d~uharge, modify change w affecl the orig~nal tiabil~ty of the IVM1ORTGAGOR Fkrein, either in whole w in part. ~
10. It is spec~fically agreed tM~ time is of the essence of this contracf a~ that no waiver of any obtga~ion hercu~der or of the obligstan se-
cured hereby shall at a~y time thereafter be held to be a waiver of the terms hereof w of the instrumeM secured herby.
11. In add:t~on to the fwego~n9 mo~thly payments of princ'pal and ~merest requ~red by the promiuory note secured hereby, mortgagor covenants
and agrees to pay to mo:tgagee with each monthly payr::ent an add~rional sum es~~mated by mwtgagee to be equal to 1/12 of the annuat cost of the folbw-
~ng: ~
A-All real p~operty taars levied w assessed aga~~st tRc abo+e described real estate. }g
B-Prem~ums on fire and windstorm insurartce as herein req~;red to be carried on the improveme~ts situate on the above described p~e*n~ses_ 1
i
C-Premiur~s on such mortgage guaranty ir.sura.~ce as mo*~gagee shail from time to time deem fit to carry on the loan secured hereby. {
N~prtgagee shall f.om teme to rime notiiy mwtgrgor m writ~ng ol the amount due and payeble hereunder and such sum shal! thereupon be dve and ~
, ~ ayable on the due date of the next monthty payment and each successive month thereafter ur,til mortqagee shall notify mortgagor of a change in such ~
i a~co~nt. Such sums shap be appiied by mortgagee toward the payment of real property tazes, insurance prem:ums, and- mwtgage guaranty insurante ~
I c•emiums. ~i
i IN Y~ITNESS WHEREOF, the said MORTGAGOR has hereunto set his hand and s~al the day and year first sfwesaid. +
~ Signed Sealcd and detivered in the presence of:
~ Seal)
~ . ~ a4
~ (Seaq
~ ' ' ~ . ~Seaq
«t-L
~ STAiE OF FLORIDA
~ St . Lucie ~ s~
COUNTY OF
~ Befwe me personally appeared Karel Kirk a~
Vickie A. Kirk~ a/k/a Viekie Ann Kirk h~s wife, to me we11 known and knovvn to me to be
the individuals desc:ibed in and who exetuted the foregoing inslrumeM, and acknowledged befwe me that they executed ~he sart~ ''fw~~x purposes
rherein expressed. And the said ~/1 Cki A_ i r ~~f~la Vi c-ki e A t~ Ki rk _ `d~~G~~~~ ~
. :
Karel Kirk '
~ ++~fe of tF+e said ,;.updn a separat~ljpd priv+te
e,am~nation by me taken aeparate and apart from F~er said husband, acknowledged to end before me that she exetuted s~{ .~+f?e~t.~f~e~~I~~~k1~~^'
i~r~ly and without any compulsion, constraint, apprehens:Qn,Wr fear of w from her said busband. •sf vij}~ '
L/~.. a
WITNE55 my hand and official xal this- 1 j day of Au V ~1• D. J~~. 's
.
~ ~ ' ~
~ n ~ ~L'LN % 'yte ~ Flor3da at l"arge. ,
' Notary Public in and for t~ ~y ' 1977 •
HL ° R~CE~
My Commission expirea: ~/~'n•• ~ ~
Return To: i f~d ~ ~
first Federal Savings a Loan Association ~r~~~'' "
~ Of Fort P~erce. -
~ Fort Pierce, florida
a~~, ~~',~ED ~ ~g~
f~~E~ ~21
~ ST.lU~1~ • ~U?t1Y F'_A-
t`7 _ ~i,~_ . ;R~~RT ~ ~
~ This Instrument Prepared By ~ichard K. Ka?yeS Ct~~~'• ~-~_~`v~ i
~ First Federal Savings & loan Associatron _ fl~ ` "
~ of Fort Pierce ~ 54 p~ ~ r~ -
~ ~ F1olldd ~
~y AUG ( ~ ~ ~
Checked By ~
~ UR~
~ . . . 800K ~O PA~E
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