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HomeMy WebLinkAbout0684 ; To plaa and cp?tinuwisiy keep on 1i+~ bui:Ji~ps now or 1?~?~afr~r siw~t~ on ~a~d land and on al{ equipneM ~nd pawn+lly covtr~d by this morp~ `y sy~. with ~I) premiwn~ thtrton p~~d i~ full, fir~ in~ur~na ~n tM viual sr~ndard policy fwm. in • ~um approwd by tM MORiGAGEE. u~d winditam ~ ~nivru~cr in tM uiw: uandard policy fam, in ~ sum approv~d by ~ht MORiGAGfE, in fvch company or compsni~s ~ tM MQRiGAt3EE may di~Kll ~nd aN tire a~~d windsro.m inwra~,c~ polkies on any of seid bu7W~ng~, any tnier~st ther~in or puf therwt, in t!u ~ppre9at~ sum ~fanaid a in ~aceu IFarwf, ~}ull contain th~ usw! sundard mor~gaQ~ clau~ a cuch o~her claus~ u th~ Ma19+qN a?+y r~quu~, m+?i~p tM ~oas ur?de~ uid poli~ ci~i. ~ach and ~v+ry. p+YSb~~ to iaid MORIGAGEE as ~ts intnesl may ~ppea~, and each and ~very such poticy ~hall b~ promptly ~ss-9~+sd and d~livercd to ~ eny Mld by s~W MORiGAGEE +t iurthe? tetu~ity to ssid matyage debt, and, not leu tMa~ ten (10) days in advance oi ~he expiratan of each policy, to dr I~~sr ro ~aid MORTGAGEE • r~newal thersoi, tog~~M? with a race~pt f« the premium of iuch rsn~wal; and tMr~ shail b~ ~o fa~ w wind~~wm Insw~nt~ placet~ on ~ny of said bvildi~y~, any interesY therein w part thereof. unt~ss to ~he form and with 11» lou payabl~ a~ afortsud~ ~nd in the evsnt ~~y wm of mon~y beco~nss paY+ble vnde~ such policy a policies said MORTGAt'aFE shal4 Mve ~M option ~o recelw and ~pply tM~ sams o~ ucoe+n~ of tM indeb~~d ~ neu sscu~ed hs*eby or ~o parmit s~ed MORiGAGORS to ret~iv~ u+d uat if or any pa?t lhereaf (o~ oriier purpos~s, w~~hout ~1+:reb~ waivi~p o~ ~~npai~- ` Iry anY eqvity, lien ot ~i~M unda ot by virtve of thi~ mostyaQej a++d !n tM tvenl ~aid MORTGAGORS sh+ll ior an~ ~~sson i~il to keep the saW premises so insu?ed, or fai) ro delivar pramprty ~ny oi said polKias ot iniuranc~ to said MORiGAGEE, w ieU ptomptty to pay fvlly ~ny prNni~m therelw w ln a~Y _ respect tail to perform, d~xfiar9e, ex~cut~, e~fect, tomplete, comp~y with a~d abide by this cover?an~, or any part hereoi, said MORTGAGEE may place +nd . paY fa suth inwranct or ~ny pan thxeoE without waivinp or affectirg any op~ion, lien, equity, a right under or by virtw of this Mort~a~e. snd the f~ll amou~t of each snd ~.ery such paymem shatl be immediately due snd p~yabia •nd shall be~i~~nte~stt from tM dat~ 1he~eof vntil paid at th~ raN ol n~~,s pa cenlum per annum and together with such interes~ shaU be sacured by ~he lisn ol this moetyagt. To pe~mit, caortdt w suffer no w~aN, impa'um~M or deter~ation of said p.opaty w ~ny p+tf tM~wf. S. To pay all s~d stnyvlar the coita, charges ~~d expenses, incl~d~np a re+~so~abk attorn~y'~ fee and cosn of absrr+a~ of ~iN~, ~r~d or p~id ~t eny tims oy said MORTGAGfE, bscausa w i~ the evenr of tl~e fa~lure on the perf oi ~Ae said MORiGAGOR so duly, p~ompNy ~~d fully pwform, discha?9R exrcute, ~ffed, compkro, compty with and ab~de by.each s~d every the st~pulations, agreert~e~ts, conditions, a~d ooven~nts oi aaid pomissory note and thit mortgsye any w either. a~ said ~osts, charges and expenset, each and svcry, shaN be immedfataly dw a~d payable: wMlhet a ~01 ther~ bs notip da mand, attempt to tdkct w wit pend~ng; and tRs futl amow~~ o( eacA a~d every such payme~t shall bea~ inferost f~an tM dat~ tinreof until psid at tht .,~re of oute pe~ ce~tuin per a~num; and all said costs, charges a~d expenses «uu:rcrl cv paid, toflet}wr wdh such intertst, shal~ be s~cured by the lien of thq mwtgags. . 6. That (s~ tn the eve~f of any breach of ~his Mor:ysge o? default on the parr of tt~e MORTGAGOR, or (b) in tM event a~y of aaid svms of ma~ay herein rafer~~d ~o bs no~ promptly ~nd lully paid with;n ~hirty (30) days •fter the ssme sever~Uy become due and pay~bl~. withouf demand w noYics, or (c) in tha eve~1 each a+id every tha stipiria~io~n, agreemenls, cond~tions sr.d cove~ants of ta+d promissory note and this mwt9ap~ +ny a ~itha are ~ol ~uty, promptly and iolly performed, d~scharged, exscuted, effected, comp:cted, comp{~ed w~ih and ahzded `ay, th~n in either or any such eveM tM said aQ~ g.egate wm mentioned in said promissory note tixn remaining unpaid. with intere;t accr~,ed, and all moneyi secvred Mreby, ihall become dw and.p~y~ abir forthwith, or thercafter, a1 the option of said M~RTGAGEE, as f~ily and completely as if aN of the faid sums of mw+ey were orgin~lly stipul~ted to be pald on such day, anythiny in satd pranissory note or in this Mortgage to the conva~y notwithstsndinyt and thereupa+ a tl?e~eaher. ~t the option of said MORTGAGEE, without notica or dernand, ~vit at !aw or i~ equity, therefae or therealter begun, may b~ ptos~tuted b if ~II roo~eys secured heteby had matured prror to ~ts institvtion. ' 7. That in the event shat at the beginncng o( w ~t ~ny time pend;ng any wit upo~ (his Mortgsge, w fo faicloq it, a.to ~efotm it, w to enforoe payment of any claims h~veunde~, said MORTGAGEE shaf~ apply to the Court having turisdiction theraof for the sppoiMment of a Receiver, svch Court shsll forihwi+h appaiM s rcteiver of uid mortgagad property a(1 and sir+guta?, intl.xi:~g ali and singul~r'the!intome, prOfits, issvef snd revlnws from whatever source derivcd, each and every oi which, ~t being expressiy understood, is hereby mortgaged ss it apecificelly stt iwth ~nd dytr~ed in th~ 9rantir?g and habendum clauses herrof, and such Receive~ shall hare alt the broad and effecnve fu~ct,ons and powen in anywise entrusted by a Court to s Receive~, and such appointmeN shall be made by s~ch Covrt as an adenilted,equity and a a+aiter af absolutc.righl to said MORTGAGEE, and without reference to ihe adeqvacy er inadequacy of the ralue of tt?e property mor~gaged or ta the sotvency cx ~nsotvency oi said MORTGAGOR or the defendaMS, and thal auth rr~rs, profin, income, issves snd revenues shali be applied 'oy such Receiver oc.ord:ng io the tien or eqvity of said NIORTGAGEE and the practice of such ~ourt. - - 8. To duly, prompNy and fully perform, dixharge, execute: rffect, cortsptate, comply wifh and abide by each end every the atipulaf'ans, sgreemenb, cendiYwro and covenants in said prom~~swy. nore and thi~ martgage xt fo~th. 9. That in tFe event ~thc awnersKip of tfie mo?tgaged premises, or any part therco(, becomes vested in a perwn other tMo the MORTGAGOR, ihs •'LORTGAGEE, its successors ar+d auigns, may,_wishai~ notice to the A~ORTGApR, deal with such s~cccssor or successor in iMerest with referente to this :~.ongaye and t,~ie debt hrreby srcured in tna same manner as wi~h 1Nortgago~, vri~hout in any way vitiating or discMrginp the Mort~agors' liability htra under or upon the debt hereby secure~. t3o sate of the premisn hereby mortgaced and no forbearance on ehe 'part o1 the MORTGAGEE a iri iuccesson • er assigns and no exte~sion of the time fQr the pay.r.ent of the debt hereby secured given by 1he 11AORTGAGEE or iri successors or astigns, shall Operate !o reiease, discharge, modify change or affect fiie o:ig~nal liab:l~ty of tfie N~ORTGAGOR Fxrei~, either i~ wiwle or in part. ' 10. It ls speuficatly agreed thnt t~me is of tl~e esxnce of this contract s~d that no waiver of eny obligation hereunder or of the oblipation se- cu~ed hereby shall at any time thereafter be he!d to be a wa~ver of the terms heieof or of the instrumem secured herby. ' 1l. In add~tion to the {otego:ng month!y paymen~s of prirec"pal and inferest requ~red by the premissory ~ote secu?ed hereby, mortgagor eovenants a~d agrees to pay to mortgagee with each m.onthly parrneM an add~rional su~n est~mated by mortgagee ta be equal to t; 12 of the annual tost of the foltow- ~,:g: . A-A{I real p~operty ta~ces teveed or assessed ayai~st tF~c aba.e described real estate. B-Premivms on firE and wincisto~m insur3nce as herein reqU~red to be carried on the improvemeats tituate on the abo+e desuibed prem"~ses. _ C-Premiums on such mortgage gua.anty ir.zuronce as mortgagee shall from time to tEme deem fit to carry on the loan secured t~eby. Af~ortgagee shail frcm time to time notify mortgagor in writing of the an^our.t due and payable hereunder and such sum aha11 thereupon be due and I ~yable on the dua date of Ihe next monthly payment and each wccessive month thereafte~ urtii mortgagee shall notify mortgagw of a change in s~d? € a^~ount. Such sums shatl oe applied by mwtgagee taxard the payment oi real pr~peAy taxes, insursnte prtm:umt, and mortgage guarsnty inwrarlce ( ;"emiurRi_ ~ - . ~ IN tYliNESS 1hHEREOF, the sa+d MORTGAGOR has hereunto set his hand and sea( the day and year first aforesaid. ~ Signed. Seakd and delivered in the prexnte of: - n Dennis A. Blandford ~ n _ Patricia [?t. Blandford rs,,,q S~ATE OF RORIDA ~ LLIC 1@ ~ ! OUNTY Of ~t • BeFue me penonaliy appeared ~nnis Blandford .,,,d Patricia an or his wife, to me well known and icnown ta me to be fne individuats described in and wFw execufed tF~e iwegoi~+g i~strumtnt, and scknowledged before me that they executed the same for the purposes nc~rein exprsssed. And the sai' patrieia M. Blandford ::~fe of the said Dennis A= Blandford opon s separate ~nd p?ivste e.aminatwn by me taken separate snd apan from her said husband, acicnowtedged to and beEwe ms thaf she executed said i~strument fteely and volwe- s.,,;ly and withqrt any compuiiion, constroint, spprehena~J' or fear oi or from her said husbsnd. ~YITNE55 my hand and official seal thi~ a`t~ day of A. D. 19~_ ~ • • ~ Notsry Pubtic in and or the sft of ida ~t lu~ My Gommission expires: Retum Ta ~ Fint federal Savings b Losn A:sociation ' rs=.'~'-~ Oi Fart Pierce. ,.;~.l~~.~'~fl.~~ . :~~'flcf-`~ For1 Pierte. Florida p~,ND flECOit~~ ~~`~~`1` { C~~`i: •~:~5':r+6 f~~~ ~r ~ , Jw ' ~ ~ _ ~t.RO~~~RPpjRI?8 - ~,1~;:' - ~ Ilt • . ~ ' , ' ,~e CLEax F Ep . 2~~~;' ~ " ~ This Instrument Prepared By John t~ . Coll ins RECOR~ ~ ; r:~" ~d~"'j`,~¢ r ~ ~ FirsF Federal Savings b loan Association ~~~N~1 - 4i- = ~ ~ ~ n~ ~lts~. of Fort Pierce , Flor ida ~j ~ ~ s~` j;~~ E°~~ ':a~;~_. . . ~ ~ ~ ¦ ~p /~r ~1~~~~~ }~~e~ ! ``~i"e , ~ .:.s~ Checked By`?~ ~ ` " ` ~ "~!i,,10R10A=~'~;:~~`~` 2~~~8fi - ~~~MN~,~;,,,,• ` ~ ~ . . ~ ~ ~ ~ ~~~K2~33 ~A~ 684 . ~ . , 4~. - ~ ~ w~ ~ ~ ~ ~~'f°- - ~ ~ ~h 1s,:_.~ ~ ~z , , r ~ ~ n, . _ _ -