HomeMy WebLinkAbout1806 To plac~ aed conlinuoualy k~ap on th~ b~;ildirp~ rw~w w Mr~~f~N 41V~h Or1 ~id INfI~ irld Ofl ~II OqVip~Mflt ~~~fOn~~ly COVM~d F?y ~1 i
eqa, with ~11 pr~mivm~ thawn p~~d in full, fin iiuur~nc~ i~ N~e uswl ~~u+dxd po~icy faen, in ~ t~m apptowd b1r d+~ MOltiGA~EE. a~d wind~~orm !
trnw~ in th~ vwal sund+rd po1+cY fam, in ~ wm ~xowd 6y rM MORTGAGEE. in such canpMr o~ comp+aia ~ tM MORTGAGEE n+ay ~
dir~j and aU fin u?d wi~ds~o?m hu~ru?u polici~s oo anY of asid build~np~, aey int~r~st ~hN~in w pM1 tMr~ot, in IM aQprpat~ wm ~fa~said or ;
tn ~xcw~ ~AKwf, sh+ll contah tM usw! ~~andard mo~~q+~e~ clww w ~uch aiw~ cl~w~ a ~M Map~ may ~pv'u~, mak{r+p ~M lo~s u~ a~~d pol~ i
c~e~. ~ach snd swry. paYab4 ro ssW MORTGAGEE ss its intt~e~t may ~pp~ar, and e~ch aed wery ~uch policy ~hall b~ promptly ui:yrnd ~nd ddivered to s. :
any Mld by s~id MORiGAGEE as furtMr ~ecvrily to s~td ma~9+y~ debt, +nd. ~w leu tMn tM (10) days in advanu of th~ ~xpu~tion of ~ach polity, ro da j
I~wr ro ~aid MORTGAGEE a ~sntwd tM~wf. topstf+K wi~h a nceipt ta tM pra++ivm of such reeKwdj snd tMn ~hal! t» no fin or windi~am inwr~nu
pl~d o~ ~ny of ~aid bviWinqa, ~ny ~taat tMrae or p+rt ~he~eof. unless in ihe (orm ~nd w~th ~i+~ 1ws p+yabl~ as ~f«~uidr +~d i~+ tM ~wM u+y ewn
of moe»y baa~wa payabl~ und~r wth po1+eY or pdieas wid MORTGAGEE sha{I havs Ih~ option fo ~euiw +nd ~pptp tiw swm oe acwuet of tM ind~b~~ .
neu secwed Iw.~by o. ro pami~ s+~d N10RTGAGORS ro receiw and vs~ it a any psrt thereof fa oiher purpoies, wilhout thartb~/ wa~ving o~ ~mpair- -
inp any puiry, U~n a?ipht ~nde~ a by virtw of this morty~pp and M tM tvent said MORTGAGORS sMll fw ~ey roasa~ fsil fo k~ap tf?~ said pr~mises w
i~w~ed. a f~il b dtliver promptly any of ssW potities of iasura~u ro aid MORTGAGEE, a fail promptlr ro pay fvfty ~ny p~tmium ths+tfp or M u~y
rosp~d fail b paform„ dixharq~. tx~c~ts. ~ffect, compt~t~. canply wlth ~nd abW~ by thh coven+nt. a any part M~aof, s+W AtOR*GACsEE may pl~u a~d f.
peY (p weh irawa~u w sny part tF~eof without waivinp a~ff~elinp ae~y option, lia+. pu~ty. or riqhl under or by virtw oi this Mwt~+g~. ~nd the „ (
fuil ~mount of each ~nd ev~ry such paymN+t slult b~ imn+ed'at~ly dw +nd p~yabl~ ~nd sMll b~ar ImK~~t from th~ dat~ thereof u~Hl pald at tl» ~at~ ol . i
nine pa ann?m pN ~newm snd topethe~ wi~h ivch i~terest sh~11 be s~cured by tM liN+ oi thii maty+~. ~ ~ {
1. To permtt, oomrntt w suffa no wa~t~, imp+irme~t p det~tiot~tion of sald property or any p~?t the~wf. ,
S. To pay all and slnpvlar tt» cwts. cFw~s N+d ~ap~rues. includinp ~ raasonabl~ anwneY's fa~ u~d costs ot ~bstr~cts of titN, inwn~d or p+~d ~t ~
any twne by ~aid MORTGAGEE, becaus~ or in the ev~nt of the fa+lur~ on the par~ of ~h~ seid MORTGAGOR to duly, ptomptly snd fully psrfwm, disth+rg4
execvts. effect. complet~, comply with and ab:de by ~+cfi and every tM ~lipulations, agreemenq, tonditiora, ~nd oovenants of said p~omiuory note u+d tha :
matgaye any a elthM. and iaid cosb, cAupts and expeese~, each_a~d avRry. sF?~tl ba immediatety dw and payabl~s wMtl~ a not tFwr~ b~ notia dr
mend, attempt to edl~d a wit p~ndinp~ and tM ful{ anww?t oi each and even wch paymem sh+ll bea. inr~r~st from ~M dat~ th~r~of unNl pald N tM !
raee of nili~~p~er centum per anrwm; and all said costs, charges and expenus intur~ed w paid, together with wch intk~st, ~II b~ s~cured by 1M li~n of this ~
mert4a~. :
b, TMf in tM ewm of ~ny breach of tha 1Nortyap~ ot default on ths part of tl+~ MORTGAGOR, o? (b? ~ t~ ~^1? of s+~d swns of maay t
he«in nfur~d w be no1 prompNy snd fully psid within thirty (30) days naxt aher ~he same sev~ratly b~ca~v dw a~d p~yabl~. without dem~nd or notic~. 1
or (c) in tM ~vent ~ad+ srd wery th~ atipulations, ~greemtn», conditioni and covan+nts of sa~d promiuory note and Ihis mortpy~ any or ~i~h~r ~r~ nal
iuly, prompNy and futly p~rformed, d~uharged, executed, effec~ed, completed, complied with and abided by, then in e+ther or ~ny auch event tM uid aQ~
gregate sum mentaned in said p~omwsory note then remaininp unp~id, with iNerest accrued. and aN money~ ~ecured icereby. shal) beeonw dw and p~y-
able fathwith, w thereafter, st tM option ot said MORTGAGEE, as fvly snd compiarely as if all of Ihe said soms of money were a'g'u?~Ily stip~lated
fo be paid on svch day, anything in sa~d promissory note or in this Mortpaye to tl+e comrarr notwithstsr~dinp; and thKwpem o? fhereafter at tl+~ optan of
said MORTGAGEE, withou! notice w demand, wit at Isw w in equity, thereFwe or .there~fter bepun, toay bs poMCUted as if all mon~yt Ntvnd tweby
hLd fMfU1l/I PflOf 10 in ins~~ru?ion. ~
7. Th~t in tl+e evMt that et the beginni~g oF o? at any tims per+ding any suit upon this Mortgape, or fo fonclo~ N, or fo r~fwm i~ a ro enfora ~
payment of ~rryr d~ims hereur?dar, said MORTGAGEE shall apply to fhe Cou~1 having jwisdidio~ thereof fot the appo~nrment of ~ Recsiva. wth Co~rt shall .
iorihwitl~ appoint a recciver of said mortgagcd propc?ty all and singular, includ~ng a~l and singular the incoms, profits, issues ~nd rora?ues from whatevtr ~
source derived, each and tvery of which, it being expressty undersiood, is Acreby mortgaged ss if apedfically set fath u+d described ln tM ~r~nting u+d
habendum cluises hereof. and suth Receiver ihall have all the brosd +nd e~fective fucxnons and powus in snywise e++trwtsd by a Court ro a Receiver. and
:~:h sppoinvrxnt shall be mad~ by such Covrt ~s an admitted eqvity and a matter of absoiute right to said MORTGAGEE, and without reference to ths
edequaty w inadrquacy of the value of the property ~no.tgaged w to the soNenty or inwtvetuy of uid MORTGAGOR w the defendants, and thst wth
re~n, profits, income, awss ~~d rerenues shall bs spplied by such Receiver ~ccwd~ny ~o tM lien u aquity of said MORTGAGEE and the prauiu of wch
CouA.
8. To dvly, promptly and fully perform, discharge, execute, effect, complete, cwnply wi~h and abids by ead~ ~nd ~very tM stipvlations, ~yrsamaNS,
conditions ud cavenants in sa~d promiuory note snd this mortgage sel fwth.
9. That i~ the eveM the ownenhip of tha mo?tgaged premises. or arry pan thereof, becanes vested in • person other th~n fhe MORTGAGOR, ths
MORTGAGFE, ita succeuon and auiyns, may, w~thout not:ce lo tt?e MORTGAOR, deal with svch successo? or successw in interes/ with refereoct ro thi~ :
mongage and the debt hereby secwed in th~ sama manne~ as with Abrtgagor without in any w~y vitiatiny w dixhsry~ny the Mort9sgors' IisWlitr herr !
under ot upon t!x debt h~veby secured. No sale of the pr~mises hereby mortgaged ~r+d oo forbearana on ths p~rt oi the MORTGAGEE o? iri'svaesso~s ;
or assi,ryro and no extension of the time for the payrrKnt oi the deb~ hereby secured yiven by the MORTGAGEE or ib waessors w ~ss~a, shall op~rats '
to re7ease, d~scFurpe, modify change o? affect the original IiabEl+ty of the MORTG/~~heqpiq, either in wFak or in part. i
~ ~ 1 !i t
i0. It is spedficalty agreed that Yvr+e i~ of the esxnce of this contrac~ and tFiat~ ~id'waive~ of u~y obligation hereunder or of tl» obli~ation sa
cured hereby sMll at any time thaesfter be held to be a waive~ of, the terms hereof w of the instrumeM secwsd herby.
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11. In additirn fo the forego:ng month!y,payments of.princ'pal and intereet reqvir~ by the p?omiuory nore secured hereby, mortgsgor covensnri
z~d agrecs to pay ro mortgagee with each monehJy payment an add~rional svm esrimated b mortg~gee to be eqwl to 1/12 of the annual cost of the fdbw- .
~:.a: _ , _ j -
A-All real p~operty tsxes levied w asussed sgainst fiw above dex.ibed real estate.
B-P?emiums on fire and windsto~m inwrance as hrre~n requ:~ed ro be u~~ied on the imptovements;sitwfe on N~e ~bove dswilxd ptemises.
C-Premiums on such mwtgage gvaranty insurance as mortgagee shall from timc to time deem fit to carry on tM ban tecured hereby.
j Mor!gagee shall from time to time notify mortgagor in writing of tFx amouM due and payabk hereu~der and such wm shai: thereupon be due a~d.
{ Fayable on the due date of the next monthly paymenl and each s~ccessive month thereafter until mortgagee stwll notify mortgagor of s ch~np~ in such
~ a~,ount. Such sumt ahail bs applied by mwtgagee towa?d the payment of real .property wrxes, inw~~rxe prem:wns, and mort9a~e 9vuanty inwru~ce
f p•emiutns. ~ ~ .
f IN WITNE55 WHEREOF, the sa~d MORTGAGOR has hereunto set his lund u~d seal. the day e first afor~a'
~ /j~? Si~ed, Sealed j~d,~°~Irve~r~d~ /in ti+e presence of: v -
L'~,C,~. __C~ V t-/~-R-~ Q I E~~A T l.cr~ ' Q.
~ , ~~~e~a ro~ It1~ aan s u sy
- ' ~t~R~ ~;s,c~~~ oo~~t . ,
RE~bE1~ VR~IFI O v ab . a ~
STATE Of FLORIDA ~y IZ 3 wo PN `1~ = ~ ~
couNn oF St. Lt~cie ~ `I~51~'~ :
eefore me personalty appeared N017aA M. 1Ysbltl:y ~ _
_ V ivian I. ?rsbulsy his ,n;f,, ro me weN kn~, .~a w,aw~, w n,e m w
ehe individuab dcsuibed in and who executed the fueyoinp instrument, and acknowledged before ms that they ~xewted the ssme fw ths purposes
iherein lxptesxd. And fhe said V iV ~ I• ?zabulsy
.,;re or r~ ~.~a Noraan M. Trabnlsy ,,.p,r.,..~a
eXam7naYan by me tsken xparate snd apart from her said husband, ackrwMrledped to and befon me that she executed said irotrument fteely and volw~-
ra~~Iy and witF?out any compuliwn, constraint, appre s~o , w feu of o~ from her said husband.
WITNESS my Mnd ~nd offKial ~eal thi da of A. D. 19 74
, ~ ~
Notsry Public i~ and fw t Sts Flwida Larye
yi
~ My Commission e:pires: i~_ a~
Retum Ta
First Federal Savings a losn Assoc~at~on
Of Fwt P~erce. ° ` !
~~~t11tt~~li~I~U~
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foA Piace, Florida . S~~~!~i'~ ~1 t~ s
t 1+r~ ' ~ • s
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~5~~'r"f J f. J S..is
This Instrument Prepared By R~rt A. Swisher, Jr. ~ •~~'r
First Federal Savin s b loan Association P~'. '
~ of Fo Pierce ~ Flozida 33450 ; ' ~ : P ~ ; ' ' .
~ , ~s ~ t c.: ~
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.
Checked By . - y,,'~~ ,
'/,'ra~'~~M tKN~~~i,`,`
BQOK~ PA6E~~ . .
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~ , i c sw
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