HomeMy WebLinkAbout1310 to pl~u end con~inyovsly k~ep on tM build'ups ~ww a hK~aftM sitw~ on ~i~d taod ~nd on aq eq~?1p~+~a u~d p~•w~aly covKd b1? thi~ ewr~
eg~. wtth•dl pr~miuem.tl+Keon paid in fvll, fu~ iruvanc~ in iM uswl srardud poticy form. in ~ ~wn approv~d by ~F+~ MOR~GAGEE. ~nd winduorm '
?nswanc~ to t!w wwl ~~~ndayl policy tam. M•~um +pprowd bt? tM MORIGAGEE. in sucD comP+^Y o+ ca^P+~~~s a th~ MORTGAGEE may ~
dtnctl H+d ~tl ih~ ~nd wind~torm Lawana PolicNS on u?y of said bvildinps,,, ~ny inta~st iMr~fn a pa~1 Itwrsot. in th~ ppr~qaa wn+ ~ia~satd a
in sxcws ~herwf, ahall ca+uin tM uswl aandard mort9+~ claw~, or wch aMw daw. s~ iM M«tpaya. m~y rpvv~. m+kinq ~!w ba undM s~~d po1E ~ ~
ces. ~ach and we~y. p~Y+bl~ M uid MORTGAGEE ~s its tntr~esl may sppear, ~nd each and way t~?ch policy shal) b~ promPNy +ss:p^~d +^d d~liver~d ~o ~
~ny Mld by uid MORTGAGEE as further acuri~y to s+W matyp~ dabt. not ka than ~ p0) d+YS i~+ +dvanu of tM ~zpi:ation of each policy. ro dr
I~ver ro said MORTGAGfE ~ r~wal tMreof, top~~hw wirh ~ roceipt for th~ pr~u~n ot such rea~w~y ~nd iM.~ sh+ll b~ ra f~r~ o~ wind~wrm N+fw~nn ~
pl~c~d on ~ny of said butldi~p~, ~11y M11Mqt IINf~11 Of par~ ~Mrwi, unlea in d+~ fo~m ~nd wi~h ~h~ locs p+Yable a afw~said~ uid in iM ~wnt a~+y swn =..+nr
of moMy Mcomes WY~b1t und« wd+ po1kY w Pu~icrcs said MORTGAGEE shall hav~ ~he op~ion /o ~~oeiw and ~pp1y tM wne on acca+rH ol tM indebt~
neis ucured htreby a. ~o pernut aid MORTGAGORS M receiw ~nd v~ N w any part thereof fw orhar pu~potes. withovt Ihereb~ waivi~~g a impair
Iny anY puitY. lien a ripht und+~ or by vktw of thi~ mort9+p~t ud in tM ~wnt a~id MORTGAGORS sMll tar ~ny rtawn f~il ro k~tp IM said premises so ~ k
insurad. a fai) 1o d~liver promptly a~y of said poticie~ of i~wr~nca to aid MORTGAGEE, a f~il promptly 1o paY h+Ily ~ny prNn+wn ther~lor a in ~nr
re~pect fail b paform, d~schary~. e:ecut~. ~ff~cf. compl~t~, complY with ~nd abid~ bY thls cown+nt,.a u+y Wrt hK~of, aid MORTGAGEE may plap and ~„'j
pay for ~uch inwra~ w any part tMrwf witlw~t w+Ninp or aff.crtop u~y op~an, fien, equ~tY. o~ n9A~ w~d~' o? by vlrtw of ~his f~lo.roap~. +nd tM s
full amo~xit of ~ach and fwry wd? WY^K^t shall M iem?~diat~ly dw and p+yabls'~nd sh+ll bsar intKett from tM dah thK~of vntU paid at~the rat~ o{ '.r ~
n~ne p~tr cee+tu~n p~ an~wm and togsther with ~uch im~resf shall be secursd by ths tia~ of this mat~+pa
1. To p~+mit, comrnlt or suffa i+o wut~. impalrmem a dstaio.ation of said prop~vty or +nY P+rt t~~f. r
5. To pay ~II and alnpulu tM tosts, chuqs ~nd exp~?sss. includirg a te~ia?abb attorne~Fs fe~ ar+d aosts of ~bsvacts of Ntl~, ir+cwr~d a p+id at ~
any tims br said MORTGAGfE, b~cws~ or 1n d» ~wnt of tM hilur~ on the psn of ~M said MORTGAGOR ro duly. promptly ar+d fully perform, dischu9~, ~
execure. ~if~ct. canplN~, complY with and ~bid~ by ~ach ~nd rro~Y ~he ttipulafans. agreemenn, condtYwro, ~nd cownanb oi said promissory not~ and ~hu +
mort9ape ~ny o~ ~ither. +nd sa~d cwM, chu9s~ and expenses. sxh and every, sh~ll be imrnediataly dw ~nd pay+blr, whetMr a not tMr~ b~ ~otiq ds ~
mend. art.mp~ to coll~a a wit p~ndtnpJ and dw full amoun~ of sach and eve.y such wyma+r chall be.~ ~ntsrett trom tM dat~ ths+~of vo~il p~d +t tM ~
~~te of ~ine pet t~ntum pe~ annum; and all said tosts. chxges and expenxs incvrred w p+id. lopetMr with wch i~tar~st. sMll b~ a~tuted by ih~ liK+ of thif _ ~
mortyaye. : . .
6. Tlw1 tn the event of ~ny br~ach of thb Nlortqag~ or defauN on the part of ths MORTGAGOR, w(b) in tM ~venf ~ny of s+?d swns of nwney
heroin refKred w b~ oot pompfy and futty paid wi~hin thirty (30) days next +fte~ th~ san?~ uvsr~lly become dw +nd P+y~bl~, wUhout d~++d w eotice. ~
or in rhe ewnt ead? uwl wery ~he ~tipulstio~s. ~9reem~MS• co~ditans and cov~r?.nn of sa~d P~~issay oot~ and this ma~pay~ ~ny w~tMr a~~ rw1 i
i~ly, promptly and fully perfamed, d~scharged, execvrod. effected, canp~ettd, compl~ed with and abided by. rhen in ei~her or a+y such swnl tM said +p~ F
grepate wm mHitionad in said promisspry not~ tF?e~ rom+ininp unpaid. with interest accrued. and all naneys tetured henk?y. shdl beeome dw a^d P~Y', ~
able forthwith, or thereafta. at the optan ot said N10RTGAGEE, as fully ard completely ~s if ~II of the said wms of monsy wero wginally stipulated :
to be pa~d on such .day. a~ythir~g in sa~d Won+issorY note a ir+ this Morty~ge to ~he contrary notwithshndinp; ~nd thaeupon o~ ther~+fia at the~ option of :
said MORTGAGEE, without ootite ot dcmand. wit at lew or in equity. ther4fote ot tlrcreafter besw4 maY be prosec~ted ~s tf dl moneys s~c~rad herebY ~
hed rtWtwed pwr to iri irqtitutan.
7. That in the eveeit that ~t the begi~ning of or +t any tims panding any wit vpon this Mwtpage, or ro foreclos~ if, o? eo rofam it, a ro enfwc~ ~
payment of ~ny da'Hns hweuoder, said MORTGAG.E shall appty to tlie Cour~ F+avinp jwi~d~ction d+erwf fw ths appointme~t of ~ Receiver, wch Co~rt sh+~~
for~hwith appoinl s rcuive~ of said mort9aged prope~tY all a~+d singvla. tnclud~np all and i~npular tM ~+s, profits, issuts and revenves from whstwer ~
source dtriveal. each and every of whith, it beirg expressfy unde+stood. is heleby mo?tgsged as if tpeti4itally iet fOrth ~nd dewibcd in tlw yrsntinp and
habe~dum davses hereof, and tuch Receivet shall have all ~he broad and effec~ive ivnctwns and powers in ~nywiss a+frusted by a Co~?t to s Receive~, and 4
cuch appointmeM sMll be made by wch ~ourt as a~ admitted eq~ity a~ s mat+er of absoiute i~ght to said MORTGAGEE, and without roferenoe 1o ths ~
adequacy w inadequacy of tM v~lw ot the property mortgaged or to the sotvency a insolvency of said MORiGAGOR a the defenda~ts. +nd that svch
renn, proiin, i~come. _iswes ud revenues shall be ~ppiied bY such Receiver sccord~ng to the lien or equity of said MORiGAGEE and the practio~ of wch ~
Court.
8. To d~ly, promplly s~d futly paform, dixhary~, execvte, effect, complete, compty with ~nd ab'ede by ~ad~ and wery ths stipolations, ~greem~~ts. !
cond~tans a~d coveosros in s~id promissory note ~nd this mortgage set fwth. '
9. TMt in the event the ownenhip of the mortqped premises. w any ps?t 1Froreof, becanes vested in • penon othe~ fh+n th~ MORTGAGOR, tM y
MORTGAGEE, irs succeuars and suiyr+s, msy, wifhovf notice to the MORTGAOR, dcal with sucb svcc~ssw w wccesso? in intereit w~th referenos to tha ~
r or~g8qe snd-1he debt hcreby secured In the same manr?er as with Mo?tgagor withovt in a~y way vitiaYenp w discMryirg tM Mat9ayors' (isbility here- :
unde. w upon the debt hereby secured. No sale of tM premiae~ hereby mortgagcd and no forbearance on tht part of the MOR1(3AGEE w ifs succestiws {
or assigns and rw eatension of the time fa tFK payment ot the debt hereby sccured yiven by the,MORTGAGEE or iri s~coqsors or +ssiQ~a. ahal~ opsra~~ i
ra release, discherye, modify charge a affect the wl9inal liabitity of the MORTCsAGOR herein, eitMr ~ whole or In psrt.
10. It ii speNfically agrced tMt tims is of the essence of fhis co~~raef srd that no waiver of any oblipation hawnder a of fM obliyation se-
~ c~red hartby shall at aM? time thutafler be held to be + waiver of the terms hereof a of tM irotrument ssc~red herbY. ~
11. In additi~n to the forego:ng monthly payments of print:pal and imerest required by the promissoty- nole tetured hereby, mortg~gw tovenants •
a~d agrees to p+y to rtnrtgagee with each moothiy paymem an addf~ionsl sum estima~ed by mortgsgee to be eqwl to 1/12 of the aonual cost of the follow-
~-,g: . .
A-All real property tsxes levied or assessed agai~st the sbove desvibcd real estate.
B-Premiums on fire end wi~dstwm insucance as he~ein requ~red to be tarried on the improvenxnb sitwte on the ~bove desuibed premises.
C-Premiums on such mortgsge gwranty i~surance as nwrtgagee shall from t~me to time deem fit to urry o~ ?he loan secured herebY•
Nb.tyagee shall from time to t~me notiiy mortgaqor in w.it~ng of the amoum due and psy~ble hereunder ard such wm shall therevpon be d~e and
i cayable on the due date of the next momhly paymeM and tach successSve month thereafter until mortgsgee sha~l notify mortyagor of a_d»nge in wch
::~,ount. Such sums shaY be applied by mortgagse toward the payme~t of rea! property tsxes, inux~nce prem:wns. ~+nd mort9+9e 9uaranty inwrance
'i ;remiums. ~
; IN W~TNESS WHEREOf, the sa~d 1~IORfiGAGOR has hereuMO xt his hand and seal the day and ysu fint aforesaid. • ~
i Sealed and livered ie the presence of: ;
C~ ,q s
~ 7
. ~ S C ~
~
ula M. San le- ~ ;
. ~
STA7E Of FIORIDA - . ~
COUNIY OF St Lucie ~ !
Before me pe?saw~~y +ppe+red Stephen C. Saaple +na ~
Trula M Sa~l P_ _ ho wife, to me weil known snd known to me ~o b~
vhe individ~ats dewibed in and who executed the foregoirg instrument, and acknawledped baforo me that they executed the same for tM purpose~ ;
rherein expressed. And the sai~ Trula M S~L~ le
~,~fc of the said SteQhen C. SdII~l@ ~rpon a sep~rsi~ ard priv~»
exam;natan by me taken ieparate and epan from her said hvsb+nd, ~duwwledped to and before me that she executed said irntrument freely and volwr
rar~;y and wlthout a~r camputsan, caatraint, spprehension feu of or from her ~aid husba+~d.
WITNESS my h+nd and official s~al ~hii day of N~~~~Y A. D. 19~+fir.,,
~ , . :'?`ra~
~ ,
~VJ Notsry Publit in and for tlr ~ of Horida ai.ili~p~~'__ ~,~!'l~
1, b.y,
• MY COfMR1iSlOf1 ~IfPlfl3~ ~~~`J ~~~N~~~~~~~~ ~'i
Return Ta t 1•'±•`. Q1'7
- f irst Federal Savtngs 3 loan Association Y•~ 18 ~~j j
Of Fort Pierca f1 ~C COU~1~ 1~ f~ . _ .,LO;;~'._ _ '
Fort Pierce. Florida :7, ul~~ _ ~ ~
; ~l' 4 1 . ' . r ~ -
IIOCER ~OItIIAf ~
CLERK CtRCUtT COUIt? -=~c~t1, ~~i{ b1~/ l~~r 4`
tIED~ I,~--~s. .r
ft4~D YER~ .
R O:.'' ~4 ~r
This Instrument Prepared 6y J. H. Roberts J=. ~ 3~ PK Z~'8'-
First F e dera l S avings ~ loa n A
s s
o c i a t i o n ~ i~'~ i, rn„~~~~``~
of Fort Pierce s F lor i
d a 3 3 4 5 0 .
Checked By ~
BOOK ~~JJ PACf 1~ • " f.,.
~ ~ ez
.
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