HomeMy WebLinkAbout0892 To plat~ and conttnuovaFy ke~p oo tM Ouitdinp~ now a Mnaft.r Wtu~~~ on s~id Iw+d ~nd a+ all puip++Nni ~nd p~na~ally cova~d by d+is mor~p~ ;
p~. with ~fl pr~miuma ~Mreon W~d i~ full, fit~ ir?iur~nc~ in ~1+~ uwal ~undad pol~cy twen, in • swn apptov~d by the MORTGAGEE. and windsfam +
inswN?c~ In tM ~sual u~ndad policy fore4 in a wm ~pprovtd by th~ N1flRTGAGEE. in wch oomW~Y « comP+^~a tM NWRiGAGEE may -
d~ and sU fin u+d wi~wrm ie?~w~na Pdicws on ~ey of aid bu+ldcnps. N1y iI11NN1 tlMftkl Of ~Ii ~FNf~OI, in fM yprep+~a awn afa~said a
In ~xc~a 1F~~of, sMll conr~tn tM ~wal ~tandwd matyapN clav~ a wch otiwr d~~w a tM Mort9pN m+y rpuu~. m~ki~p Ih~ tou w+dK sa~d Pd} '~r
iNS, pch ~nd evsry. p+YSbl~ to ~aid MORTGAGEE a ib in~erest may app~ar. u+d each and w~•y ivch policy ~h+ll b~ promPtly ~ss:9~?ed and dttivered ~o e
any h~ld by said MORTGAGEE a(un1?N s~cu~ity ro said matyap~ debt. +^d ^ot Nu than t~n (10) daYS in +dwna of tM ~xpiration of aach pol~cy, to dr ~
iiva to s+id MORTGAGEE ~ r~+ewal fM.wf, top~~Mr with a receipt fw ~M pnmiwn oi s~ch r~new+IJ ~nd tF»r~ sMll be eo fU~ w winds~am iniwanc~ ~
plaad a~ ~ny of wid b~ildinps. ~ny in~a~st thK~ie or parl thKeof, vnku ie ~Fw io~m and wi~h tM toss paY~bl~ a ~taes+Wt u~d i~ tM wtM ~ny ~wn . J
of ma+~y bcan~a p+Y+~ ~ Po1kY P~'~'~s Nid MORTGAGEE sh+ll haw ~M opl~oo 1o rsosiw u~d ~pply tM sam~ on aaan+t of tM ir?d~b~~d ~
~+sst aC~r~d IN«by o~ ro pem~it s~id MORTGAGORS to repiw ~nd uN it a ~ny parl thereof iw othet purpoi~~. w~lhout 1F~ae¢y waivi~~ o~ ~mpair•
Inp u?y puity. li~n a~ riphf und~r or b~r vlrtw of this mortQ+pet and in tht ~vtnl said MORTGAGORS shal) tp ~+y nason fait to kNp th~ uid p«mises so y
l~uxed. w fail b d~liva. p~omptiy any of said poticiss ot inswux~ w s+~d MO~ATGAGEE, w fail pranptly w paY fu11y any pn+niwn tMnfor o~ N+ unr 4
respM fail b pKfaen,.dixharp~. ~x~cvt~. ~fE~ct, eomplet~. eompM wirh ud a~ by ~kh aown+nt, a~ny p+rt ha~ol, said MORTGAGEE m+y pl+e~ +nd ~
cv
P+Y fw sueh insu~aix~ or ~e?y part tMreoi withoW waivinp or aft~etinp +^Y ePtio~, IiN+. Wu~h. or riphf undN a by virtw of ~hb Mwtyap~. and tM
full ~mount of sach +nd wKY such P+ym~^t iMll E~ imm~dlately d~e and p~Yabl~ and shdl b~a imKest (rom tM dab thereof untfl paid ~t ti+~ ~aN of ^
nine per centum pa ~nnum and togetha with such intcrest shall be sacu~ed by the ~ien of this malq~ps•
To prmit, oommit or wffM no wasts, impai~rnMt or deterioration of said prope~ty or +nY P+M thereof. ' }
3. To p~y sl! ~nd anpul+r tM costs. chupa and ~aP~nsea. includ"W a rea~a+abM a~antY's fa +^d oosn of +bsMacfs of titl~. lncurred a paid ~t ,
eny time by iaid MORTGAGEE; becavs~ or in the went of tha failure oe~ tha pan of the said MORTGAGOR to duty, p~ompNy a~d fvlly perfam, discMrg~ ~
execut~. effed. canpteN. oomply with a~nd ab;d~ by e+d~ and ewry ths itipulali«u, ayreements, caxlitlons, and xvtn+nn of s~id pronussory ~oro u~d ~~a -
mwtyay~ any a aths~. and s+id costs. charpes and exper?ses, exh ar+d ~vM?Y, ahall be immediately due and paYabt~t wMtl+~r or no~ th~r~ b~ not~ce ds i
mend, anempt to colkct a wit p~nd~ng: ~nd th~ full amovnt of ~ach and wery wcF? PaYmeN ~h+ll Mar interKt trOm Ihf dif! thsr.of ~o~il paid ~t the
rare of ni~s per esnlum per uuwm: ar+d alt ~aid cosn. charges and expenus ~ncurred w pa~d. togathar with wch inter~st, sMtl b~ s~cured by tM lan of thi~ ~
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mat9sy~• ?
p. Thst (a) in the eveet of aoy bn+ch of this Mortyay~ a defavU an the part of tks.MORTGAGOR. w(b) in tM event ~~y of ssid sunu of mo~wy :
heroln nfer~~d to b~ not promptly +~d fully pald withfn th'uty i30) d+Ys ~ext after th~ sam~ ievaatly b~come dw and p~yabl~. without dsmand w notic~. ~
or W h+ ths eveot each ~~d fvNy the aHpulatiaff. s9reemenb, cadieions and cwen+nn of ss~d promisswy eot~ snd this mortpa~ ~ny or a~Mr u~ no1
iuly. pranptly a~d (vlly perfwmad, d~scharged. ~xecuted, effected, completed. compfied with a~d ab~ded by. ~Mn in e~ther or ~ny ~uch w~nt.1M aid ap~ 2
pregsN wm meMioned in s~id promiuory note ihen r~iain~ unpaid. with interost sccrued, and all moneys sscvred M~eby. sMil b~oom~ dw ai+d P+Y- F
abk fwthwith, Of fMOfNfiH~ at the optio~ of sa~d MORTGAGEE, u fully ~~d comp~etely a~ if all of ths wid wms of mon~y were aipin+~hr s~7Pu~+ted , ;
to be paid on sud+ dsy, a~ythirg in sa~d Womisw+Y ~ote or in tha Mw~paya to the contrary notwithstandinpj u+d thxeupo~ a theraaher N tM opian Qf ;
uid MORTGAGEE, without rwtice w demand, wtt ~t law a i~ puity, ther~fore or thxeaita begun, maY b~ prosecuted as if dl maKys ~ecur~d hereby ~
had matu~ed prior ro its irotitution. : ~
7. Th~t ia tl+~ event ti»t at tht beginninp of w at ~ny time pendi~g any :uit upon this Mwtyaqs, w to fq~tlwe it, or 1o rtform it, w to enforc~ ~
paymenl of ae~y claims hereunder. said MORiGAGEE shsll applY to the Court having jurisd~dion thcreof fo? th~ +ppantment of s Receiver, Mxh Cou~t sh+l) ~
fwthwieh sppoint a.eceiver of said mat9aged prope.?Y all and ~inyui~r, includ~ng aN and a~n~ular the i~uome. p!ofin, issde!'u+d rew~wxs from whatever
wurce derived. each and. every of whKfi, it beinp expreuly undsrstood, is hereby mwtgaged as if speufically s~t forth and described in tM ~~antinp aod
habe~dvm clauses hereof, and such Receive* sh+ll hsve sll the brwd am! effect~ve fuoa~ons a++d powers in snywite ~entrvsted by • Co~rt to a Receivsr, and
sucb appointmeM shall be made by svch Court u sn admined equity and a matte~ of absolute rigM ro seid MORTGAGEE. and ~lhout te(erence fo the
adequacy w ioadequacy of the value of the properry mortg~ged o. ro tl+e so~vency o+ fnsoivency oi aid MORiGAGOR a tAe.defer?dann, and that such
rems, profits, income, iss~res +nd reva+ues shall be applied by suth Receiver according to the lien or equity ot said MORTGAGEE and the pradic~ of such
Co~A. -
& To dvly, pra++Pt~Y +nd fully perform, discharge, execute, effect, complete, comply with ~nd abid~ by each and tvery tlr stip~lations, ayroemeMS,
conditions and toveMnh in sad promissory r+ote and this mortgaQe set fortF~. -
9. That in the avem the ownenFdP of the mort9+ped Pre^"ses. or any put thereof, b~comes vestad 1~ a Person otlMr tMn tFk MORTGAGOR, the i
MORTGAGEE, in succesw.a and sui~ns, may, w~tFw~rt no~ice to the MORiGAOR, deal w~th •uch svccessw or successor in iNerest with reference to this
mwtgage and the debl hereby setured in tt+e san+a manner as with Mortgago~ w+t}?eut i~ ~ny way vit'utirg ot disth~rgirg the Mwfys~on' Oiability heie
i
under or vpon the debt hereby xcu~ed. No sa~e of the Fremises hereby matg;,9ed and ~o forbesranu on the p+n of the MORTGAGEE a its successors ~
or auigns and no exte~sion of ihe time for the payment of the debt hereby sec~red g~ven by the MORTGAGEE w iri successots ot ~ssi0ns. +ha~~ operafe
ta reiease, discharpe, modifly d++n9~ a aiiect the aiginal liability of the MORTGAGOR heteiA, either in whole w in part.
10. It Is specifically sgreed that time b of the euence of this contract and thst no wsiver of any obl'g~tw~ hsreuoder or of t!» obliyation se-
cured hareby shall at any t'vne theraher be held 1o be ~ wairer of the terms fieraof or of the iranuet~ent aecwed hsrbY• }
11. In add~tion to the forego:ng monthty payments of princ:pal and interest required by tt?e promissory nole secured heraby, mortgagor covenants i
and agrees to pay ro moctgagee rri~h each monthly payrnent an addiriortsl sum estimated by mwtgapee 1o be pual to 1/12 of the amua~ cost of the follow- ~
ing: i
A-Atl real p?operty taxes kvied or assessad against the ahove desa~bed reat estafe. i
g-Premiums o~ fire and windstorm insuro.^.ce as herein rrqu:+ed to be car?ied on the imp?ovemenri sitvate on the +bove described premises.
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C-Premivms on such mo+fgage guararety 7nsur~~ce as mortgagee shafl from rfine ro time deem fit to ptry on tha loan secured hcreby. '
f
~ Mortgagee shatl from time to tirce notify mo+tgagor in writing of the amount due and payabk hcreundet and suth wm shall thereupon be due ~nd i
` ~ayabie on the due date of ihe next monihly payment and each svccessive rtw~th thereafter ur.til mortgagee sh+~~ rwtiflr ~t9a9a of s change in wch
amount. Such sums.shall be apptied by mortgsgee toward the p+yment of real property taxcs, insur~nce pra++:ums, snd n+wtg~9e guar~nty insurarKe ~
p~tmiumf.
IN WITNESS WHERfOF, the said MORTGAGOR hss Ixreunto set his hand and seal the day and ye~ ~f~~ . ~
. Seila~~liv the ~raseoce of: ~ /
~ ~ • (~•a4
-pi
t or-~~ta^~i n
D
~l - (se+Q
Helen M. Martin ,~q ~
i
STATE OF fLORIDA 1
St . j-l~C le ~ ~
COUNTY OF i
Beforo ms penon+~~Y aPPesred V 1C t oY L, ~18Z t i II ~
i
lielen ~'l. i~1dltil] ~ wife, to me well known and known to me to be i
the indiv'~sls desuibed in and who executed the fore~a ng instrument, and adcnowledged bafore me that they sxecuted the wme fp the pwposes ;
i
rherein expressad. Md the sa' ~~elen M. Martln '
w~f~ ~ Victor L. Martin s~...a •~d ~,a ~
eaamination by me taken sepsrata a~d apsrt from her said husbsnd, ackrawledged to snd before me thst she executed said i~tNment heely and volvrt- '
rarily and w~shovt any compulsan, constroim, appr h ns+o , w fesr of ot from her said husband.
WIiNE55 my hand and officisl ses) this-~ d of October • A. Di 19_?~
. Notary Publk•in and fa the n of F at Lup~
- My Commiuion ~xpirss:
Retwn Ta •
Fint federal Savi~gs 3 Loan Association •E .
r .tt : . ,k L I
< < .
Of Fwt P;erce. . `~t~~il~~~~~?r:,,,
fort Pierce, flwids ~O ~t~.CQ~O~E~ ,.°r/ I ''~~L~ S
~E G011MiYS ; ~~1.. y ..:S;T?/0`~, 4
~ItO~~R ?~1T ~ ~ ~ f
t~autte ~ ~;'tN'~T,~~ ~r~.
This Instrument Prepared By John [ti'. Co11i~~~~~pYE~~f~E~
u'?~ = ~ :_~y~s~?~~ f:F~,"'..
First Federal Savings b loan Association A~p~~ ~ _~~:A~
of Fort Pierce, F lor i da 3 1 ~ ~~~=C -..ti~';~
~f 0.l~'•. . ~~`ti~
Checked By ~~4~~ '~iy F~~ •...••p,~~~~`
y, Aica
~O . . ~Npk~'IN{~~t~` .
~K ~ ~
,
i - • ~
_ _ _ ~ `s~ary .
- ~ ~~"G'4.- '^`t-'~" ~ ~ - `q~ .
~ ~
Y~ =4
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~ _ r _ _ > 2. . _ , _.a a-~„ _ d~ .