HomeMy WebLinkAbout0483 To plact and co~:tinuo.~s~y kerp on t!~e b~~:d.ng~ r*ow ar hsreaftN ~iluaM on aaK! 's~wi and on •II e~~iWnam and ps~su'ully cove~ec! by Ihis mwtq~
ege. w~~h al{ prem;.~a+s t~~er~on pa.d +n full, fue i„~ur+~-~ce .n ~ha ~s:n ~~ar?da:d po'~c~ fwm, in • i~m ay~xcr~d by th~ MC~kiG.~G•:E. •~~d w.~ds~am
~n~wu~c~ in tM u~wl f~~~rJ+n! Po::cY ta+^~. a~um approv~d by ~?w MORiGAGEE. in ~~xh caapany ot comp~n,es as thc RtORTGAGEf mar
d~rccr, ~nd aN f'a~ ~~d w:~d~to~m N~surance po+~~rs on ~ny of sa:d bv~~d~~y~. ~n/ ~~?e,~et tlKrein w pa~t thr«of, ;n ~M agyr~qa~t sum ato~esaid w
in eacess the~eof. Nwll ca+iein ~he usual ssonda.~ mortgegea ctause w a;:ch oehe~ c~a~s~ as th~ Mottfla~e~ R+ay reqvu~. maL~n~ ~M loss undtr sa.d pW~
c~es, each and every, paYab'a ~o sa~d A1JRi3ACEE •i ~n ~ns~n:st may ap~xa~, a~~J e.ch and sre~y wch pe::cy ~ItiaU !x prw~+ptiy au y~tcd a~~d de:~rr~rd ro
eny he:d by s~~d MORiGAGEE as furshe~ aecu~:ty ~o sa~d mo~tpage dab~, and, rwt 1-:ss ~f.sn te~ t?0) do~s ~n advance of the eap~rot~a+ 01 eacl. pol~cy. to d~-
!,ver Io seid MORTGAGfE a rriewal !hereaf. ~oge~her ..oh a rece~pt fw thr prerr.i~m o} svch renewal; and ~here shall be no f~re o~ wL~ds~or~n inSUN~K~
placed ai any o! ssid build~ngs. any ~nte~eit there:n o~ par~ thereo(, un'ea~ in +he fwm and w~th ~he I~ss payabte as a{wts~~d: and in the even! any sum
of mon~y becomes payab~e vntier ~~th pol'r.y w pelicKS sa~d MORTGAGEE shall ha~c ihs opt~n ~o receiv~ and opply ~M s+roe on +ccount of ~ha iodeb~e~
ness secwed htreby w ro pe~m:t said MORfGRGORS ro receive and use it w eny E.at~ fhereof fw c:hrr ~rnposrs. v.~~?~o~t thu.or +.a~+~.~q o~ „nWu•
ir.g rny equ~ty, I:cv~ w r~ght unde~ w by virlve of th:s mu~ysge: a~d ~he evenr u:d MO+2iGAGORS shall fw any ~eason iail to kcep ~F~e sa~d p~emisrs 10
msvred, or iai) ro dei~~e* p~anptly ~ny o) said po~+ties ol insuranu to u~d t.iQR1GAGEE, w fa:t pro:nptly to pay futly any preR.~um ~herefor o~ in a~~
rrapect fail b pertum, d:uha~ye, e:ecutr, eii~rcl, comp:ete. .Cmp1Y ~w'~~h and abide by th~i cove~~.+r+t, o~ +nY P~~~ he~eo~• said J~?GRTGAGEE may pisce a~~d
F.ey ia evch insurance a any pan f;,~reof w~rhout waivi~g or affrc!~~~ any optwn, iicn, equ~ty, w.~ght under a by vireue of rhis Mo~~ga~e, arxi thc
full amount ot exn and e.e~y svch pay+nrnt sha~l be ~nunndlatety d~e and payab!e and shall bear ~ntcresl from the da~s thcrcof until p.:~d at the rate ot
r prr ce~tvm µr a.^. and ro~rther w~th s~~ch ~r!r~est sAali t;e sacutcd ~y the :ien of rh~~ mw~gage•
1. To permit, carmit w sufier no waste. impainnent or detrr:orotion ot sa~d property w ac?y part ~hereof.
5. To paY all and singutar the costs. charges and eYpenses. includ~ng a ~e~sonable atro~nev's fee and cosrs of sbatrscts o( title. incu~red w p+~d ~t
~r,y time by sa~v MORIGAG:E, becavse a in the even? of ~M fe~iure on tl~r porr of ihe sa~d MORTGAC~JR to duiy, pra~~pdy and futly pe+lorm, dnchar~e.
rxecuto, ei~ect. comFle~e, cemply w~th and ab:Je by ra:h arsd e.ery the sripu!ano~~s, ag~r..M~ ~nts, cond~tioru, and covenanu o( ss:d p~a~~~ssory note and thu
,:orrgage any w e~~her, and sa:d cos~s, clwrges and exprnses, each and avery, shait be ~+n~Red~s~rty dve and payable; whether w ~ot there be not:ce d~
ma•:~. ausmpt to coltect a suit pend;ng; and the fWt emo~M of each m,d eve:y such paYmeru shall b~a. inferest i~om Ihe dats Ihereof umil paid ~t the
r.:r~ o` n[nC per ce~t~m p.:r an:~un.; ot,d .+u saki wsss. v~a•gr? ar.d cxpa~s^s inc~rrnd or pa~d, togethe~ wuh such in~erest, shall bs sscur~d by the i~ee of thw
m.o~ tgsge.
6. That (a) in +ht event of a~:y breach of eh~s Ma~gage or dcfau:t on ~M part of the AnORi'vAiaOit, oi i~} •~u a.~ni aay af sa:c sL:r:i of ^o.^.ttr
i,erein +eEerred to be not pron,ptty ar~ iully paid within ~hirty (30) days nrxt aft-r ihe same severa:ly betome due snd p+yable. wilhout demand w ewtice.
or ~c) in ths event each r^d every thc st~pulations, sgrtetnents, tond~tio:~a and covenartts of sa.d {xomissory note and th~s mwtgs9e any p eilher art no1
.~ty, prwnptly a~d f~lly ~,eeEorn~~d, d.s:harged, exec~~c-d, effec~rd. canpte:ed, mr~~p~:ed w~ih and abk:.d 5y, then in e~ther w any such e+ero the sald ag-
gre3a•e wm r?Kntroned in s~~d promisso:y note thrn rr~na;ning unpa~d; v.~th ~nee:est accrued, and all moneys secured hereby, stwll become due u+d pay-
a~'e far~hw~th, oa thereahcr, at the oat~w+ of sa:d MORTG~GEE, as t~~ly a+d cv*+p~r~ely as if atl of the w~d sums of money w~re o+~~~aily tupula~ed
~o be pa:d on such day, anyth~ng in sa:d {uo:n~sswy note w in this Mwtgage ~o the ccn~rary nutwi~hs~and~ng; and thr~eupon w Ihxreaftr at the option of
s+:d IAORTGAGEE, without nottca or demand. ~u~t at Iaw w in equity, ~~herefo~e w thereaiier begun, may be prosecu~ed u if all maxys secu~ed hereby
. ~ .
^.:d matuted pno~ 1o its institution. ~ ,
7. That in ~he event that at the beginn~ng of w at any ti~ne pend~ng a~y su~t upQn this Mortgage, or fo foreclose it, or to reform it, or to entwce
F.ay^+ent of any ci~,+ns F~e+e~ndrr, said h10RTGAGEE ihati apply ro the Cour~ ha+;=~g jur~sdtction fhereol for tIx•appoi?tment o~ ~ P.eceiver, such Court ahail
~:~I-wefh aFFU:nt a rece~~er el sa~d me~tga~ed proper?y ait a~d a~~~guiar, inci.xl.ng a~l ancf s~ngula? r1,a income, p~oFiri;~ issues and revenues iran whateve?
s:•,~c_ d~v;ved, each and every of wh~ch. .t be~rx~ rip~rssiy underuo~d, ~s ~•e~eby rt~or?e~a9ed af if'specil~celty set fpth aod desuibed in the 9ranting ~nd
?.:i;endum cia.xs h~reof, and such ~eceiver shatl h.:fe ait the b~oad and eftzc*,ve fcnct.cns and Qon~ers in aoywise entrusted by a Cou~t 1o a Receivtr, and
s_ch appo+ntme~~t shall be mtde by sut1+ Co.,rt as an ad~~i!trd cq~~ty and a ma+ter cf abso?ute r.ght ro se~d MORTGAGEE, and wifhoul ?eference ro the
•.:eq~•acy or insdrquacy of the va~~e of the p~cprrty mo.Tgaaed or to the SO.venCy cr m:o!venty oi sa~d AAORiGAGOR o~ ehe deiendants, and ~hat such
A~ ,+s. profits, ~ncon~e, iawes aod re~~nues snali be appi~ed by such Recr~ver accord~n9 to the lieo o~ equity of said MORTGACsEE and the pradite of such
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6. To du!y, prom;,tty a~~d fu1~y pe*`orm, d~sc~arqe, eaee~~!e, efiect; compeete, co~~~ply w~th a~d abide by each and e~rery the stipulations, sgrtements,
_>-crtiens and covenanta in sa~d promissory ncte and th~s r.~ortgage set fwth. '
9. That in the eveM ~he ownersh:p of th•~ mortgaged prem~ses. w any part tncreof, ~ecomes vested in a perton other than 11ti. MORTGAGOR, the
: ~RTGAGEE, ifa succ•.ucrs ancl aszsgns, r.wy, w~rtwut nctfce :o ahe :~',ORiGFOA, deal .v~~h s~ch successo? w successa in interest ~vith rcFerence to this
~rtga~e and lhts d8b1 hereby axured i~ ihe samr mann~t as v~~tF. /l.~rtgago~ w:thoot in ar.y way vii~ating p dixhargirK) the Mw~gagwi lisbility he~h
der w upon the drbr hereby secureo. No sale of the ~rem~ses hereby mortgaged and no (orbearance on the part ol the U1URiGAGEE or its suece:sors
~ aesgns and no ex?r~s+on o1 tlx r~rne fw the payme~a of tne debr F.ereby secured y~ven by t~ MORTGAGEE or its successors w assigns, ahail operate
re rre~se, z.uharge, m..hf~fy chan3e or affect t:z or~g:nal lieo:i~ty of !he lSORTGAGpR t~ere~n, either in whole or in par~-
10. It is spe_~f;calcy agreee' t~at t~me is of the e:sence of th~s co:aract and that ~+o waive~ of any obligata~ nereunder w of the obligstiw~ sr
c,•ed Ik.'reby shatt at any tir.:c thcrtafter be he!d to be a wa~re~ of +he ttrms hcreof or of the instr~~ment setured herby. _
11. !n a3d.t:o~ to the fwego ng mc~th+y paym:-nss of p:i:iCpa~ and i~~terest required by the p?om~ssory nore secured hereby, mortgagar tovenants
,..d ay~ees ~o pay to murrg>.~ee u.;th each mon+h~y pay*r.e~u an ad3~~+onal sum es}~Ta~ad by mo+tgagee fo be equal te 1/12 of the annual cost of 1F+e follow-
' A-Ail rea! pwperty taaes 3eviee! or aasessed aga~ isr thc ac~ve desc~~hed real estate.
~ $-P-^m.:;.:-~s o~ {~~e and v.~ndsto~m +nswar..e as ncre~n requ:red to be ca-n~d cn ~he improveme~ts s~tuate on thr aoove described p:emises.
I C-Prem~~ris o~ s~~ch m.or+g-.g- g~a~~-ty irsur~.ce as mo~rgagee sha;l fro:r rr..r to fi~ne deem fit to carry on the ban secured hereby. _
~ My.tyagee s:^.al from time to t~^-e r.o!;fy mor'gago~ ~n writ~ng of the ar:o.,~t d~e and payable hereundtr anJ such sum shall thereupon be dve and
,ab:e on thr d.:e ciare oi t!~e +.e<t ~no~~t~:~ pay~n~ns aud e_ch sv.cess~ve ~r.onth ~hzreaher ur.tii mcrrg~ee shell notify mortigagor of a change in sach
;::nr. Such sums s:~j:l be app~~ed b~ mor!gacre ~ar.3-d +he uay:rent af rea4 properr~ taxes, insurance prem:ums, a~xl mer:gage guaranry insurance
r".:umS.
IN 1'VITNESS YliiEQcOF, the sa~d M•ORTGAGOR has here~~to set h:s har.d and seal the day and ar iirst aforesaid_
5gned, Seated and delivered in the pres~nce oi: ~
~~7 /V _(SeaO
~ - _ ~ E1~~ _ FoY~ e . T?f . H ~ 1 ' D
~ L'L.~~.~-~ Lo i s . Hi 11 -ts~.~
~":+~E Of FLOR:DA
~~u~m oF St. Lucie i
eefore me personaily ap~z.~a Forrest M. H111 ~nd
L.025 G. N211 _ his wife, to nx well known and known fo me to be
individuals deuribed in and who e:ecuted IF~e foregoing ~nstr~ment, and a:know~edged ixfwe me that they e:ecuted the same for the purposts
_:.e.~ <x~~~ q~ sa~_ LO1S G H111 ~
:`e of ine sa~d - FOZYQSt M. H111 vpon a separate aod pinate
nat~on by me taken separere and apart from her said husband, ackno~vledged to a~d befere me ihat she executed said :nstrument f~eely and vo7un-
and wrtho~t an/ cw*:pu~aion, con3tra;rtt, apprehens:on, ~ fear o( w frarn her said husba~d. 74
W1Tr:cSS m~ hand and offic~af seal th~t_ -
22nd_ ,~a~ of Au~uSt A_D. 19
t ` .
Nof~ry PublK in and iw the 5/ e of f{or ~ _
My Commiuion expires: ~ ~i~fi.Qil~~ ~ S .
Rrturn To: : 1 ~ ~ .
~,y
F:rst Fedesal Savings b loan Assouat:on l x
OF Fo.! i
~ U' S
Fort Pierce. F:crida f~~EL Lslf D~~ :i l~~ n;! ;
• ST. LU:1: t ~U~TIr Ft~. % =
p t~.~.. ' '.i {'~S ~ ~~V.,.J • ~
\.~i:t~ :.i-li~li Ci~V.~j ~ ~ • -
p:r~r, -..c r~ ~t ~ 1-~~?•~:
This I~strument Prepared By J. H. Roberts Jr. =
First Federal Savings b loan Association Q 44 i1i ~~,I
of Fort Pierce , Flor ida 33450 y M~~ ~
~~~a7
~hecked By ~ .
~q~K 231 ~~E 4L3 . .
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