HomeMy WebLinkAbout0798 To pl~c~ u+d conti~uously keep on tM buildinps now or ha~e~fter ~ifwfo on safd land and on all cquiqTMnt ~~d psrw~ally cov~red by this mo«¢
sg~. with ail prcmiwns ~hereon Wid in full, firo i~w~u+c~ in Ihe uwal t~sndud polity form, in ~ wm +pp~ov~d by tM MORTGAGEE, and wind~ta~n ~
7rtiuranc~ in th~ uwal ~ta~dard pol~cy torm. ie~ ~ ~u~^ +pWoved by th~ MORTGAi'iEE. in wch canpany a co^+P+n~s 1M MORTGAGEE m+y .,.•1 t
d~nctj ~nd all fk~ snd wi~dstwm inswana policies on ~ny of seid build;nps, any i~le~tst Ihtrtin or put the.~of, i~ ~M appr~a wm ata~iaid or ~ ~
in exceu thorwf, shali contain th~ uiwl sta~ud mortg~ clsvs~ ot tuth o~hK clava ~s tM Malpapw msy requK~, m+?in~ ~M losi w+dK ud poiE ~
cie~. ~ach and every, paY+bt~ ro aid MORTGAGEE ~s its i~tereit may ap~ea?. and e+ch and ~vay s~ch policy sMll b~ p+amptly ~u:ynsd ~nd delivered ~o "r
any Mld by said AAORTGAGEE furthK s~curiry to s+id mapa~ debt. +nd. no~ ~es~ thae ~N? p0) days in ~dvs~u o1 the sxpir~rion of ~ach po1Ky. ~o da
I~v~r to s+td MORTGAGEE e ronewa~ therwf, topether with a r~ceipt fw tM p~emium of svch renew~IJ ~nd ~hsn ih+ll b~ no fi~~ w wiodi~a~n inw~aoc~ :
pl~ad on +ny of uid buildirga, ~ny lnt~rat ths~~io a p~*t tMr~of, u~l~u io ~M fam ~nd with tM bss p+y+bt~ ss ataeasidt b+ ~M we^t any ium ~
of mon~y beeornes paYaWe undN wch pdicY o? polici~s s+id MORTGAGEE shali Mw tM optwe+ ro~~c~iv~ snd +p~ly tM w~ on +aa+nt of th~ indeb~~
neu stcw~d F~aby or ro Qermit ssid JNORTGAGOQS to rtt~iw and us~ il or any part ~hereof fw ottxr purposei, without lhareb~ waivi~g or impair-
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Ing ~wy p~ity, lian a ripht u~der or by virtw o( ~his ~r.orty+~e: +nd in ~la ~vent taid MORTGAGORS sh+ll fa ~mr resson i~il to keep the u' prtmises w,..~
insur~d, p hil to deliver prompllY a~Y of said po!'Kies of inwrance fo said MORTGAGEE, w fall promplly ro paY fu~fp aeY War'ium therefor w in u~y
respect fdl b px(orm, dischargs, ~xfcute. ~ffect. co~npltte. canP~y wilh u~ ~de by this cov«+anf, or ~ny part lanof, said MORTGAGEE may place +nd
paY fo~ tuch lrawann o~ sr?y part the~eof without wahri~y w affactiny a~~tion, lien, equity. or ~i9M vode~ w by virtw of thi~ Mat~sye. ~nd the ,
futl amouM of Nch ~nd ~.wy wch WYrtwnt sh~fl be ~nvnedi+tsly d~s and p+ysbk ~nd shap bsu intttsst frbm tM daN thereof vnfil paid a1 ths.r~a ol ~
n~ne per centum pa annum and togethe~ with such i~teres~ shall be secured by IM lien of this mortpsg~. .
4. To permit. commit o? iuffN no wute, &npai~mc~t a deterioration of said property o~ sny put thaaof.
S. To p~y s!1 ud iinpular the costs, ch+ry~+ ~nd ~xPenui. includinp s reasonaEle anorney
s fes ae+d cost~ of abst~sc» of titt~. incvr.~d a p+id ~t
any tir.u by uid NWR(GAGEE, because w in tht ws~t of the failur~ o~ the ps~t of 1he said MORTCaAGOR to duly, pra++ptly ~nd fully perfwm, d~xh+rgs,
exec~ts, eftecL tomple», complp with and abids by ead+ end every tM ~tip~iations, agreemenn, conditions, and oove~anK of's+~d Prom~ssorY not~ and ~hu ~
morrga~e ~ny a eithar. ~nd said cosn. dwrQa and expeoses, ~sch and svery. ahall be immediatety dw snd payaWes whether w ~?o~ N~sr~ bs no+ke da~ ~
mand, attempt ro cdiM or wit pend~ngs snd the fvll amount of each a~d ewry s~xh paymen~ ihall bear in~ersst from tM date thsreof until p~id at 1!u
raie of nine per centwn per aro~um: and all said costs, chuge+ and expenses incvrred o? pa~d, together wAh such inlerest, ihall b~ a~cured by tht lien of this !
mwtpap~. - t
6. TMt in the eva~t oi any brcach ot this Mortgay~ w default on tlr part of ~F+e MORTGAGOR, a(b) 1n the ~va~+t a~y of taFd swm of naneY ~
herein r~farsd to b~ not prar+ptly and fully paid within thirty (30) days neat afta ~he sam~ severally become dw ~nd p+yable. wi~hout dtmaod o? no~ice. ~
or (c) in ths ~veM each and every tM stip~latioru„ agrelmenri. conditions snd covenanti of said promistory nols and this mort~~p~ any a eiMisr are no1 T
ivly. PrompNy and f~lly pe~fwmed, dixMrged. executed, eifected. cwnpleted, complied with and abided by. then i~ either or ~ny'such tvent ths said ag ~
gregate wm mentioned in said p?omiuay note then remaining unpaid, with interest accrued, and all mo~?eys.secured her~by, shall betome du~ and pay-
abte fo~thwith, w TFIflNItN. ~t tM option of said MORTGAGEE, as fvlly snd comPletely. as it ~II of the said swns of mot?ey were wigin+lly stipulated
fo be pa~d on such day. ~~ythiny in said Fromiuorr note o~ in this Ntort9age to the contrary notwiths~andinp; snd thereupa? ot the~eaher at tM option of
sa~d MORTGAGEE, withwt notice or demand, suit at law w in equity, therefore w thereafter begun, may be prosetuted +s If a~~ moneYs ~ecw~d he~bY ~
had matured pnot fo ifs imtitWion.
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7. That in the eve~t that at the beginn~rg of or st any tims pending any suit ~pon this Mortgage, ot to foretlods it. or to roform it, o? to enfo~p ;
~ayment of ~ny c:aims herevodei, said MORTGAGEE shall ap~:ly ro the Court hav~r.g jurisdidion thereof for tM appointmant of ~ Receiver, s~ch Ca?rt shsll ~
ferrhwith sppo~M a receiv~r of uid mortgsged prape+ty all and singular, includ~ng al; and singular the ~~+coms, pref~ts, iisues and rwem+es from whatever
s.~~~~ce clerived, each and every of which, it being expressly understood, is hereby morrgaged as if specific+lly sN forth u~d d~saibed in tht 9r~ming and
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habendum clauses hereof, ~ed svch Receiver shall have all the broad and etfedive functwns and pov+ers in anywise eMrvstsd by a Court fo a Receive~, a !
s~ch appoimrrKnt ihall be mads by s~rch Court as an admitted equity and a rt+alter of aesolute righl to said MORTGAGEE, u~d witAout reference fo 1M
edequacy a inadequacy of the ~alue of the property mo?~gayed w fo the weventy os insolventy of said MORTGAGQR w the defe~dann, ~nd lhat suth
ren~s, profin, irxome, iuues ~nd revenuei shall be applied by such Receiver sccord~~ig to the I~cn or equity of said MORTGAGEE and the pratlict of wch '
Court.
8. To duly, promptly and fuliy p~rform, diuF~arge, execute, effett, complete, comply with and abide by each and every tFn stipulations, agreements,
cond~tions and cover?ants i~ said promisswy rwte and th;a mortyage set forth.
9. Thaf in the eveM the ownership of the mortgaged premises, w any paA ihereof, becomes vested in a penon othe~ than ths MORTGAGOR, fhs
A'ORTGAGEE, its avccessors and assigns, msy, willwut notice to the MORTGAOR, deal with such successor o~ successor in iMerest with reterer~ce lo this
~.u~~gsge and the dehl hereby secured 'm the ssme msnner st w~~ MatBaga without in any way vetiatinp or discharfling the Nbrt9+gws' liability hera
;,r:der or upon the debt fiereby secv~ed_ P!o ule of the Fremises hereby moAgaged and no forbearsnce on Ihe part of the MORTGAGEE a iri succesaas
o. assigns and no extension of the time fw the payment of the debt hereby secured givn? by the MORTGAGfE or its suctessors or auiqns, shall opsrate
io releax, d~scharge, modify charge or affect tk~e orig~nal liab~l~ty of the NIORTGAG(}R herein, either in whole m fn put.
10. ~t is spec7fically egreed that time is of the essence of th~s co~tract ard that no waiver of sny ob~iyalion hereunder or of the obliyation se-
cured l~ereby shalf at any time thereaher be held to be • waiver of the terms hereof or of the instrumeM sscured herby.
I1. In add~tio~ to the forego:ng monthly payments af princ'paf and interest required by the promissory nore setured hereby, rnortgagor covenanis
ar.d agrees to pay ro mortgagee v~r+~h each mon~hfy payr.~ent an add~tional sum est~mated by mwt9agee to be eq~a~ to 1/12 of the annual cost of the follow-
;ng:
A-All roal property ta:es levied or assessed against the above deuribed reaf estate. ~
B-Premiums on fire srsd windsto.m inwrar.ce as herein requ~red to be carried on the improvemenb sitvate on the above destribed p~emises.
C-Premiums on such mortgage guaranty iruurance as mortgagee shstt from tirne to tirt~e deem fit to. urry. on the ban secund he?sbr. `
I Mortgagee shail from time to time notify mortgagor in writing of the amount due and payabk hereunde~ ~od such wm shall there~pon be dve and
~ p~yable a+ the due date of the next rtwnthly payment and each successive month thereaher ur.til mortgsgee shall ~otify mortgagor of s chanqs in suth
~ .~,:.unt. Such sums shall be apptied by matgagee toward the payment•of real property taxes, inswance prem:ums, and mortgage guaranty inwrance
;~•emiums.
IN WITNE55 WHEREOf, the sa~d MORTGAGOR has hereunto sef his hand and seai the day and yeu f'ut ~foresaid.
Siyned. Se~led and delivtred in the presence of: ~ ~ ~ }
~
1
~ ~ ck . Mecca R
ti{R P~ ~
~.'tfRK ~f~~1Mt ~OIM~ ~
AE~'rQRO Y~k~f1E0 ~,q - ~
S~ATE OF FLQRIDA ~j 3~ 2 s~?PM'T~
COUNTY OF $t. Lucie ~ 294369
Befwe me penona~ly +ppeared Jaek A Cs
~{d!~/ C. Mecca his wife, to me well known ~nd known to me to be
ri;e iridividwls desvibed in and who executed the fwegoiny instrument, and ackoowledged befws me t6at they e:acuted the same for ths purposes
therein expressad. And the taid ~r" M@CC~
~,~fe of the said ~~-As u°~'^s - upon • separate ~nd privab
e,amination by me taken xparate and apart from her said hvsband, ~cknowledged to and befote ms iMt she executed said inttrumeM freely and voluo-
ra~~ly and withovt any computs'an, constraint, a ~rf
hensia~, or feu of w from her said husband.
WIiNE55 my hand and official seal tbi~~ %7~~~ day of ~4. D. 19~4
~ Notary Public in a~+d for St~te lorida at Luye
My Con?mission expres:
Return To: ~p~~p?~"~~
first Feder~) Savings 3 Loan Association
Oi Fort P~erce. `,,..,~,~iii:[+f1~~~=..,:_-
Fort Pierce. Florida .
.`'y~'` F' i ~ t~f v~~
' -~i~ . . •
_ .~p ~~.,~y'•~~',:
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This Instrument Prepared By GaZy R. Bllwood , r~;_ c> ~ r~.~•
First Federat Savings b loan Association •k'
of Fort Pierce~ Rlorida 33450 , ~ U$ ~ C~.'~~'~~~
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Checked By S'L" '~i,q ~ ~ ~
~~~iil~u i i~ ati4~~
d00K ~~~7J PACE ! ~p . . . .
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