HomeMy WebLinkAbout1553 To ptac~ and contirw+a+sly kNp on tM buiid~np~ ~ow a MrwiiK ~itvat~ on said 1*nd and on ~II aquipm~M and p~rsonally covsr~d by fhit mortq~ t, i
p~. witA ~U premfwns ~he.~a? p~~d in full fi~~ iniuwnu in ~h~ uswl s~andard policY in a~wn ~pp~owd bY ~M MORTGAGEE. ~~+d windirarm o
inavranc~ in tl+i uwal iundud policy f«m, M a wm spprowd by ~F+~ MORTGAGEE. in such compu?y or oompa~~~s +s tM MORTGAGEE may , ;
dinct~ ~nd ~1) fU~ a~d wind~tam iraw~a po~icws a? a^y of uid bvild~eqs. any 1r?qrpt fMr~N w part tMr~of. 6? tl» a~prp~t~ w~n ~fa~iaid or ~ ~
in excNS therwf. ~hall ccnfsin tM wwl stand+rd mort9apN cl~us~ a such aF~ claus~ a ~!a Map+~ may rWvira n++kinp M?~ bu ur~ s+~d pdF ~
cies, aach and evtry. p+Yabl~ ro s+id MORTGAGEE ~s iti i~leresl may app~+~. and eath and ~vay ~vch policy ahatl b~ promptly au,y~ad and d~livered to
sny htW by s~id MORTGAGEE ~s fur~hN security to ~id mwtya~ d~bt, ~nd. ~ ka ~Mn an (10) days in advanc~ oi ~M ~~puaiioe of each polky, ro d.-
livsr to wid MORTGAGEE a r~new+l thawf, ~ope~ha with ~ ~~uipt fa tM pr~miwn oi such r~oewd~ u~d tha~ sMll b~ no ft~~ o~ windi~am iruw~~
ptand on ~ny of said twildinp~„ sM? interes~ thu~n or paN thsreof. vnku In ~M form and with tM lou paY~bl~ u•(o~~s~idj and i~ tM ~v~nt any twn
of rrwn~y b~com~s p~YaW~ unda~ wch politY w Policie~ said MORTGAGEE thall tuw tlr op~io+~ W~~caw and ~pply tM s~n?~ on ~ccouM of tht 4+d~blsd~
ness tecur~ he~tby or ro pe~mif said MORTGAGORS 1o r~teive u+d us~ N ur any part Ihereof for oti+e~ purposes, w~~ho~t the~eb~ waiviny a impai~- ~r
fny a~y equity. li«? oI rght under w by vGtw of thh mott9ayej and in tM ~wM sa~d MORTGAGORS sAell for sny rNSOn f~i) to keep tM Nid premises so
insu?ed, or fall to d~livn promptly ~y of saW policies of insuranc~ ro s+~d MORTGAGEE, or fail promptly w psy fu~ly My pr~m~um tAenfa a N ~ny
respett (sll 1o pNfo~m, d~xharg~, ~x~tuts, ~ff~tf, tanpltte, tpr+ply with and ~bidt by thls oownant, a any pert Mtwf, ~aM MORTGACsEE rr?~y pl~ce e~d '
fuli ~mouot o~ach and ~very such P+YmMt sh+hll b~ irymmedi~telyrdw~and p+yabk u~d sMllu~be rnteratt irom tM datt thereoffunNl pid a
Mar Nto
n~ne p~r oenrum per ~nnum and ~oge~her wit~ avch Intaeat ~hall be secured by tM tien of ~his mwt9+9e-
4. To permlt, oommlt or wffa no wute, impairment ot dsterioratio~ ot Nid property a~ny pa?1 tl?K~of.
S. To p~y all ~nd airpulu tin co~t~. charp~s and •xpensea. incl~dirp a ~e+sonabl~ ~ttan~y'i fea snd cwts of ~bitracts of titl~. inw~rtd or p+id ~t F
any tu~e by ssid MOPTGAGEE. bet~use a ie~ the tvMf of 1M fsilu~e on ~h~ Wr1 of tM said MORTGAGOR lo duly, promPfly s~d fully pe~tam, discAu9~
execut~. effM, oomplere, comply with and ab~de by ~sch and every rM ~tiputatans. a~rcements, cond~iora. and oovManti oi s~id promiuwy note a~d thia ;
mo~tyapa uiy w ~ither. and said costs, d~ar~ts +nd expenx:. each and every. iMll b~ imm~diatety dw snd p+y~bl~r whetM? a not tMre be ewtias ds '
mand, ansmpt ~to colkct or wit pe+xli~gt u+d ths futi amount ol each and way such payment ah+p b~a~ interesf frwn ~he date thereof vmil paid at the . ~
rare of nin~ per cantum per arw~um; arw all said wsb. charges and e:pe~scs incvr~ed w paid. togetMr with such iMaa1. shall b~ sKUred by /M li~n of thit
mwtya~. €
6. Th~t i~ the svent of ~ny bre~ch of this Matga~ or default o~ ths psn of tM MORTGAGOR, or tb) in tM event any of ssid wna of nwn~y t
herein n(s~r~d to b~ not promWly +od fully paid within thirty (30) days nex~ after the sam~ aewrally b~corrk dw u?d p+Yabb. witlavt dsm~nd a notice. ~
or (c) in ~hs ev~m cach and every tM itipulations„ agreema~», cood~fio~n and coven~nrs of se~d prom~swrY oots and th:s mat9a~~ +ny or ~+~hu sn no1 ~
i~ty, promptly and fully perfwmed, d~uharged, execured, eff~c+ed, canp~eted, compl~ed wi~h and ab~ded by, tMn in athe? o~ ~ny suth wsM tM ~aid +p~ :
gregata wm mention~d In s~id promiuory ~ote tFKn remsin;ng unpaid, with imerest accrued. and all moneys- secvnd herebY. shall b~ooa» dw ud p~y-
able fwthwith, or t~xeairer, ~t tht option of said MORiGAGEE, u f~lly ~nd completefy a~ if ~II of the said wms of moMy wtre .aipinslly sGpul~ted
ro be p~~d on such day. anytlunp in sa~d promiuory note or in this Mortga9e to: the canvary notwiths~s~,ding; and lhereupon w tl+ereafta at th~ opt~o.~ of E
safd MORiGAGEE, without notic~ w damaod, suit at law or in eqvity, therefore w thereafte~ beyun, m~y b~ prosecuted u if ~lt mon~ys Nwr~d Mr~by
had matwed prior to iri i~stitution.
7. TI?at in the event tMt at the beginning of or at s~y timr pending ~ny svit upon tfiis Mortgsg~, or M for~tioa~ N, or fo reform H, w to enfwa
pavn+ent of any daims herevr.dcr, s+id MORTGAGEE sh~ll ~pply to the Court having jurisdKtion thereof for 1he appo~ntment of ~ Receiver, wcl+ Cov» shsll ~
forrhwith appoiM a receiver of said mortyagad prope*ty all end singular, includmg all and s+nguNr fhe income, profits, bsues and tewnws from whafevet
source derived, each and ~very of whrcl?, it beirg expressly understood, is hereby mor~gaged u if ~pec~iica~ty set fath aod desaib~d &r ths Q~~ntinp +od
habendum clavses hereof, and such Receiver shell have all the tuoad snd effece~ve (vncrions and powen in'anywise enlrwted by ~ Courl to s Receiver, and
s;ch appointmeM shsll be made by svch Coun u ~n admitted eqvity and a matter of absolute tight to taid MORTGAGEE. a+d without tefetant~ to tl+~
adrq~acy or insdeqwcy o( ths va0ue of the property mwtgaged or to the wnrency or ~nsoivency of uid MORiGAGOR or the deferxlants, and that such :
renrs, profin, income, iuws snd rovenws al»II be applied_ by such Receivee accordiny to the lien or eqvity of ~aid MORTGAGEE and the praetite of such ~
Court.
8. To dvty, promptly and fulty perfom+, dxharge, exccute, effect, mmplcte, cor.~piy with snd ~b~de by esch and every ths stipulations, syreernsnri,
conditwns snd covenami ~n uid promiuory note u~d this mort~sge ut fath.
9. That in the event the ow~ership of the mortgaged premises, w any pa?t thcreof, bccomes vested in s person other thsn the MORTGAGOR, tM
4•.ORTGAGEE, its successwi a~d au~gns, may, wifhovt no:ice to the MORYGAOR, deal with :uch iuccrssor or tuccessd in inte?es1 with referance to fhis
mo~~gsge and t3x debi fiereby secu?ed in the same manner as with Mortg~gor without in a~y way vitiatinp w dischar~inp the Mortg+9ws' li~bility hs«
~nder or upon the debt heraby secured. No ssle of the premises hereby mortgaged e~d no fabearante on the p+rf of ths MORTGAGEE or its wccesson ;
or aasigns and no extensron of ehe time for the payment of the debt hereby secured given by Ihe MORTGAGEE or iri succ~sson or +uiprn, shail opsraH F
!o releau, distharge, modify ch~~ge or affect the original liaeitity of the HM1ORTGAGOR herein, either in wFak or in p~~T. ~
10. It is spec~fically agreed that time is o~ the essence of this contract and that no waiver oF a~+y obligation herevnckr or of tM oblipatan se- #
c~red hereby shall at any time thercafter be hetd ro be a waiver of the terrres he.eof or oi the instrurtrcnt secvred herby. q
11, 1~'addition to the forego:ng monthly paymsnts af prinCpal snd interest required by the pro~n~ssory no~e setured hereby, mortgagor tove~ants ~
a~d agrees to p~y to mortgagee with each momhly payment an add':riw~al sum esiimated by mortgagee to be equat fo 1/12 of tfie annusl cost of the follow- ~
~n9' • ' ~
A-AU real prope?ty taxes kvied w assessed against the above deuribed real estaae. '
t
! B-Premiums on fire and windstorm imurar.ce as herein requ~red to be carried on the improvements situate oo the sbove drsuibed premises. '
; C-Prcmiums on such mortgage g~an~ty insurarce as mortgagee shsll from time to time deem fit fo prry on the loan securcd heteby. ~
' Mwtgagee sfiall from Nme ta t;me no~ify rnwtgagor in writing of the amount due a~+d payable htrevndar and such wm shall therevpon 6e due and
f E.ayable on the due date of the ne:t monthly payment and exh s~ccessive momh thereafter urtil mortgsgre shall notify mortgagw of a tharge in strch
a~~oum. Such sums shail b~ applied by morrgagee towa.d the paymeM of real property taxes, insursnce prem~ums, and mortgspr_ y~aranty inwrsnce
~ ~:~emiums.
j IN WITNE55 WHEREOF, the said MORTGAGOR has hereuneo set his hand and s~al ihe day ard yeu first ~foresaid.
~ S;Qn~d. Seakd u?d delivered io the p~ese~ce of:
~ ~
a~
~ . Ra ond S. Green ,t,,,n
_ ~Is.r~~~.~.:.~ J .d,c._:..,...- ts--~
, Patricia l. Green ~,,,4
STATE OF iLORIDA ~ -
St Lucie ~ -
couNn oF f
Before me personally.~.~ed Raymond E. Green ,,,d ~
?
P8tt1C1a I. Green ha w;fe, to me well known and knowo to ms to be
rhe individv+ls described in and who executed the fweyang instr~ment, and ackrawledged beforc me thst tMy executed the same for tM p~rposas
rherein ex~.~d. n~a tt,e ~~J Patricia l. Green
~,:re or rn. ~~a Raymond E. Green _ ,~..,t. ,~,a
z.zminsYan by me taken sepirate and apart fran he~ ssid hvsbsod, ackreow{edped to and befwe me that she execuied s~id irotrument freely ud voluir
rar~ly and without any compvtsan, torotraint, appr ension, w fear of or from her said husband.
WITNESS my hand ~nd official sesl thi V~ _ day of Noveuber ? ~ p. 19 74
~
~ Noury Public in ~nd fw the Stst Florida a y~
~ My cwnn?asia, .xpi,es: .
~ a~~~?~ T~: fi~EO ~Me ~ECOaoeo -
~ Fint Federsl Savings d~ loan Aaoc~at'an ST. LUCIE COt3NTY FIA. j,~ - rJ~ - ~
Of Fort Pierce. ROCE : aC~TRAS
CIEPR C:'.CU?T COURT ~ ~
~Fort Pierce, Florida ~ C •
RFtt~q[~ VE~'+F1ED I . l6'~ . .
..~;tS • . ,
:
~011 ~ IL Ol '7~ j~~Y, , O.t_^~,.,,? ~ '
~v;;~ i•/~
This Instrumenf Prepared By John W. Collins , 6 `.~~.•'s;:
First Federa) Savings b Loan Association ~9 6 .`s,=~=-;,: o`s .
of Fort Pierce , Florida . ~ ~Y ~ J'!lS,~~~C';~'e=- - .
;;,~c.~'• • .
Checked By ~ . c'~ ~ :•}"t ` J s
~OitiC'•'• .
~ Q ~'.,~~~//INIII?I~N...~` i,-
51 f.
BooK 2~33 P~ 1~ ~ ~ , ~ ~ ~
; . . _
4 _ - -
- ~ ~ J`,~ ` ~
~ ~s~~~ ~
,