HomeMy WebLinkAbout2951 J. To pl~u and coroinuou~ly keep on the bui:di~q~ now a hareatrN ~itu~q on said tand and on all eqvipmtnt a~d ptrwnally covered by this mor~p~ .
~g~, with dl pr~miumi tAer~on pa~d in full, fire ineunntt ~n IF?~ ut~al st~rdard policy fwm, in ~ sum approved by tht MORfGAGEE. •nd windstorm
insv~anc~ in tl» usual sundard pcl~cy fwm. in • wm ~pprov~d by ~he MORTGAGEE, in iuch comp+^Y w cc^+P~^'es ~M MORiGAGEE may
dintlj •nd all fin and windstwm Mturante po~iues on any of said build~nps. ~ny inter~sl lhertin a pa~l Ihereof. in tM ~Qpreg~~~ w~n aia~~aid o?
in ~xcess thNaot, ~hall contain tM uiual standard mor~g+~ee clavw a such o~l+a clauie ~f tM AAatya9t~ may requir~. m~?inp tM lo~s u~+da u~d pol~
ue~: each and ~very. paYab~t ro iaid b10RTGAGEE a~ ~tt intercst may appe+r, and each and e~ery such poi~cy shall be promp~ly a~s yncd and delive~ed to
sny heW by said MORTGAGEE ss furihK ~ecurity +o said maty+~e deb~. snd. ~ol ~ea tM~ t~n (101 dsyi in edvanc~ of th~ ~:pir+tion of each polity, to da
I.ve~ to said MORTGAGEE ~ ~e~xwal th~reof, to~~~her wifh a rece~pl for the pre~nium of such renewal; ~nd thero shall b~ no fir~ w wind~~wm inw~anc~ i
plac~d on any of iaid bvild~np~, any interest ther~in or pa?t thereof, un!esa in tix form and wi~h tM loss payabl~ as aforesaid; and in tM ev~nt any tum ~
of mon~y becomes p+yeb~e unde? iuch Policy w po~K'~s s~id MORTGAGEE shall Mve ~h~ option 1o r~cw~e end apply the iame a+ +cca+m of tM ir?debted- ~
neia secur~d Mreby o~ ro permit sa~d MORTGAGORS to tec~iw ~nd ~~s it or •ny part thereol fo~ other pu.~oeea, w~~hout thrrcb~ wa~Yin9 a~~npa~~-
~^9 +^Y e9~~~Y• a~~9ht ~nder or by virtw of tFus mortpa~et and i~ tF?a ~ven~ satd MORTGAGORS shall fa u+y r~ason fail to keep tM said premises ~o 1
insured, a f~il to delive+ promPtly any of w~d polKies of insurance ~o ~aid MORTGAGEE, o~ fa~! p~oenptly 1o pay futly any premium therefw a in ~ny
respect f~il b perform, diuharge, execute, e(fect, comptete, complY wi~h ~nd sbids by thts mvenant, w+ny p~rt hereof, said MORTGAGEE ~+~ay p~~ce •nd
pay fw iuch insurant~ w soy part thereof without waivinp w af(ectinp any opfion. tien. equity. a right undet w by virfw of thit Mwtga9e. and tF~e ~
f~~ll smou~t of each and eve.y such payment shall be irrunedi~~elY due and psy+ble and ihall bea~ inttre~t irom ths date ~hereof un~il paid a~ the ~ate ol
nina pe? centum pe~ an~um and ta~ether with suth interest shall be secured by the lien of this mwtyaye.
To permit, commit or suffer no wasfe, impai~ment or detereoration oi taid p.operty or any pa~t thereof. ~
5. To pay stl and iiny~lu ~h~ cosb, charges ~nd expenses, includin9 a reasonsbk attorney'~ Fee +nd cwts of abstratq of titl~, incurred a p+id at
any time by said MORTGAGEE, betause w in the evaN of the fai!ure on the Wrt of ~he said l~FORTGAGOR 1o duly, promplly u+d fu~~Y Pe~fwm, discharge.
execute, effed, compkte. comply with and sb~de by each and every the slipulat~ons. sgrcenw~K, conditiau. snd mvenants of said promissory note and thi~
n,ortgage any w e~ther. ~~d sa~d cost~, charges and expenses, each and evcry, shall b: imm.rdiately dve and paysbles whether p not there be notice ds
n:and. ~tt~mpl to cofled ot wit pend~ngi and the full amount of each and everY such paymeN ihail bear io~eresl from IIN date thsreof vntil paid ~t IM ,
~,~re of nins per ccntum per ann~m; and atI said costs, charges artd ~xpenses incurred pr paid, together w.th such intereit, tMll b~ secured by the lien of this ~
mortgage.
6. That (a? i~ the ever+t of aoy b?exh ot this ~lkorrgsge w default on the paA of tFx MORTGAGOR. a(b) in the event any of said svrta of money
herein referred 1o bs no1 promptly and lully paid w~ihi~ thirty (30) days nex~ after ihe same seve?ally'bdcome due +~d p+yable. wilhout dert?and w notice. ~
or (c) in the evem each and every tF+e stipu3atio+?s, ~greemrms. ca+ditions a~d covenants of u~d promissory nots and thss mortpage any or ei~her no1
i~,y. Promptly and fully perfwmed, d~scharged, executed, effected, comptered, compl~ed with .and ab~ded Sy, then in elthcr w my such eveM the said ag
~regate sum mentio~d in said promisswy note then rernaininy unpaid, with interest accrued, and all moneya setv~ed hereby, sha~l betorne due and pay~
ab!e forthwith, w thercafter, at the option of said MORTGAGEE, as fully a~d completely as if a11 of the said tums of money were w~ginalty slipvlsted
ro tx pa~d on s~ch day, anything in sa~d prom~ssory note or in ~his Mwtga~e to the conrrory notwithstandi~+y; a~d ~hereupon w thereafta +t the op~~on of
s3:d MORTGAGEE, without notice o? demand, suit at law w in equity, there(ore o~ thereafter begun, may be prosetuted u if ~fl moneyt setvred hereby
nad matured p~ror to Ns inititution.
7. That in the event that at the beg+nn;ng of or at any time pendi~g any suit upon this Mo~tgage, w to to~eclose it, a to r~form it, w to enfwce
Fayment of sny claims hereunder, said RAORTGAGE~ shait apply to the Court having ~~~~sd~ct~on theroof for the appointmeet oi ~ Reteiver, wch Cou?1 shall
icr.h.vith appoint a receiver of said mortgayed prope~ty all and singular, indud~ng all and si+~yular the incortro, profits, iuues and revenues from whatever
sau~ce derived, each and every of whith, it beinq ezpressty undeistow~, is he~eby mer~gaged as if apecifitally set fwth and desuibed in Ihe 9~sNiog a~+d
~abendum clauses hereof, and such Receiver shall have ail the broad and effxtive funct~ons and powers in ~nywise entrusted by a Cou~t to ~ Receiver, and
::,ch appoinrmem shaU Se made by svch Court as an admitted eqv~ty and a ma~ter oi absolute right to said MORTGAGEE, and withavt reference to the
adequacy or inadequacy of the value of the property mwtgaged or to the sotvency or insolvency o( said MORTGAGOR or the defendsnt~, snd that such
renes, proiits, irxwne, iuues and revenuea shall be applied by such Receiver accordmg to the tien p equity of said MORTGAGEE and the pr+ctite of such ~
~
Ccurt. .
B. To d~ly, prcvnptly and (ully perfwm, discharge, execu~e, effect, comple~e, comply with and sbide by each and every the stipulaYwns, sgreements,
con~ifions ~nd covenants in sa~d promiuory note and this mortgage set forth.
9. That in the event the ownership of the mwtgaged premises, w any part thereof, becomes vested i~ a penon other than the MORTGAGOR, the
h',CRTGAGEE, its succeuo~s and ass~gns, may, w~thoui nor~ce to the MORTG~+OR, deal w~fh such succeuor w successw in interest wiih reference to this
morigage and the debt hereby secured in the same manner as w~th Mor~gago~ without in any way vitiatirg or d~schsrgirg Ihe Mortgagori liability herr
~nder or upon the deb~ hcreby secured. No ule of the premises hereby mortgaged and ~o forbeara~ce on the part of the MORTGAGEE a its successors
or assigns and no ex~ension of the time fa the payment of the de6t hereby secured g~ven by the MORTGAGEE or its wctessors w aui~ns, shall operate
ro re~ease, dischargc, modify change w affect the wiginal liability of the MARiGAGOR herein, either in whok or in put.
10. It is specificafly ag.eed thet t6me is of the essence of fhis co~tract and thal no wsiver oE any obligation hereunder a of the obligatan st
cvred hereby shall at any time thereaiter be held to be a waiver of the terms hereof a of the instrument secured haby.
11. In add~tio~ to the lorego:ng monthly payments of princ pal and interest requ~red by tFx promissory note secured hereby, mo+tgagor covenants i
and agrees to pay ro nwrtgagee with each monthiy paymero a~ add~sional sum estimated by mwtgagee to be eqval to 1/12 of the annual tost of the follow-
'3: , i
A-A!I real property taxes levied o~ assessed aga~nst the above described real estate. E
' B--Prem~wns on f;re and w~ndstorm insurar.ce as here~n requ:red to be ca*ried on the lmproveme~ts situate oo the above desaibed premius.
f C-Premiums on such mortgage guaranty iruurar~ce as mo~~gagee shatl from t~me to time deem fit to_tarry on the loan secvred hereby.
! Mortgagee shall 4rom time to time notify mort3agor in writ:ng of the amov~t due and payable iuieunder and such sum shall thereupon be due and
E r~yabte on the dur date of the neat monthty payment a~d each successive mo~th thereaftcr urtil mortgagee shall notify mortgsgor of a change in such
E a~~ount. Such surt~s shail be applied by mortgacee toward the payment of real property taaes, insurance prem.ums, and mortgage guaranty insurance
~ ;~rerni~ms. ~ '
IN Y~ITNf55 WNEREOF, the said MORTGAGOR hns hereunto set his hand and seal the day and year first a~esaid.
Si , Sea and live~ed in the presence of: , /
Z~ ~r~s+s-c - ~ aq
y.~ ~ ' 7[ d G ll7 ' a0
_ ~
~ - ! (Sea4
~ R th 8. Robi.ns n r~~
S~:.TE Of FLORIDA ;
~ S5. ,
o~uynr oF St . Luc ie z
Befure me personally appeared Harold G. Robinson and
Ruth Rob inson his wiie, to me well known snd known to me to bs '
~he individuai~ desuibed in and who executed the foregoing instr~meM, end acknowledged before me that thty executed the same for the purposes ~
rherein expressed. And the said RL1tt1 Robinson ~
.~,re or rt„ ~~a Harold G. Robinson u~ ,~te s~d.~aro
e.am~natwn by me taken separate and apart from her said husband, acknowledged to and befwe me that she executed said instrumtM frsely ar~ vo~un-
~ar~iy and without any compulsion, constraint, apprehensionu,
o,r
fJ~ar of w(rom her said husbsnd. :~'~~'~ij~~~j%r~,. yr~' i
ALl 115 t '<ItY Di: 9_~[.~
~ WITNESS my hand and official seal this ~~i.~I~/ dey of
~
'
F tary Public in and fw the St~J of ~F ida •t 4r r~
~ y Cortunession expires: ~t'Sj ~ V"> :
~ Return Tw - ; -
F~rst federal Savings 6 loan Association ` ' `L~~%• , , j ~ • ~ _
~ Of Fort P:erce. . • ~ ~
~ i ~ .
~ Fart Pierce. F~orida ftlEC . ~
ati ; • u~DE
ST.LU:i~ CuulITY FLA. ` . - .
~ RO:: = i~AAS . '
CLFR[ ~:l~IT C4URT
~ This lnstrumeM Prepared By J. H. Roberts Jt :•`r`'F~ 'E
First Federa! Savings ~ loan Association s
~ of Fort Pierce , Florida 33450 {HIC LG . 9 3b ~ 7~
Checked By j~---- ~W3
;
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