HomeMy WebLinkAbout2071 ? y . ~1
3. To plac~ and ca+tLrwusly ke~p on IM buildirps now a Fwre~flK sinral~ on iaW land and on +11 aquipmso? u~d pKw~++lly cov~~~d by this mw~¢
p~, with ~11 premivms ~l~eon paid ~n full, (i~~ inwr~nce in tht usud it~ndKd policy fwm. In a tun? ~pprowd by tM MaRTGAGEE, snd wind~tum
inwr~nc~ In th~ wu~l ~undard polky tam, in • wm •pprowd by th~ MORT~3AGEE. in a+ch companY w comP+ni~s a tM MORiGAGEE rnay
dirMJ and ~11 ~in a+d wit?d~lorm inwruK~ polititi on any ot aid b~+ildinp~„ sny (nNrNt thK~in w put thtrwf, tM pg~ey~t~ sum ~fo~Kaid w
In ~cew ~Mrwt, ~h+ll contain tM uwal s~andud mortya~ claw~ a such Wha d~uw a tM Maf9ayN m~y requ'u~. m+l~inp ~h~ loss v^dK ~+'d P~~
ciN. ~ad~ and ~w?Y. WY+bi~ b ~aid MORTGAGEE a its intKest may appw. and ~ach a~d ~wry tud+ poliry ~h~ll t» pra^pt~Y ui:yned +~d d~livK~d ~o
any heW by uid MORTGAGEE u fwtha s~cwity ro s~id mortyap~ d~bt. aod, nw ks~ ~h+n ten (1~ d~Y~ M+ +dvu~u of ~M ~xpi.~~an of ~ach polccY. +o d~
liw~ b taid MORTGAGEE a ~~wai tMrwf, top~~h~+ wUh ~ not~pt for tM p?~ntiwe of wch ~~waij u+d ~Mr~ ~ll b~ no f~r~ w winds~am in~~r~nc~
pl~qd on ~ny of said buildie~p~, u?y InterNt tM~ein or p+rt thKwf, ~ni~ in 1M 1wm and with fM bas p~YaWe as ~(atsadt t~ ~veM ~ny swn
of mwKy b~co+n+s WY+bk u^d+t such Po1~Y °f P~~ w'd MORTGAGEE ~hall haw tM option 1o r~uiw u~d ~pply ih~ sam~ oe +ocowH of th~ G+dsb~+~
n~s~ ~cwed hKepy ar to pKmit qid MORTGAGORS to receiw and us~ M a a~y put thertof fw other purpotes, wi~hout tha+eu/ vraivi~p or ~mpeir-
i?q any puity, lia~ a~igh~ wwl~~ w by vittw of this mwtp~t ~+d io tM ~vtnt wid MORTGAGORS ~hall fa u~y rsawn (alt to ke~P tM aid psmke~ w
in~wed. w f~il to d~liwr promptlY any of said policip of irauru+u to s+~d MORTGAGEE, w(sil promptly to p+Y f~lly aoy p~~mium tMrafor w in any
r~spaf f~ll b p~rfam. dixha~ye. ~xecuta ~ffM, camP~~• ~^PM wirh ~+~d +bid~ by this coveoant, w ~ny pan Mrwf, said MORTGAGEE maY P~ace and
p~Y fa wd~ imuranc~ o~ any p+rt tFw~toi witho~t w~rkg ot afhctinp any optior4 ~i~n. ~4~ity. or ripht undK a by virtw of this Mo?t~+~s. and tM
r,~, ..,~1. ,hau b. sere.d~aah, dw ~nd pyabb and ~11 Ma i~MUat fran th~ daM tha~of unH{ p~id at th~ ~aN of
~,:=u.., - - - - . ~ :
ni~e p~r oMtwn pM anrwm. ~nd toye~her with s~xh int~.~st ihalt b~ securod by tM lia~ of this morty~pa
1. To permit, c~ann?it o~ wffK no wsst~, impairment a det..iw~tion of said propKty or aey p+„ tMr~of. ~
S. To pay ~11 ~nd siigular tM oosn. ch+rpM «+d exPsn~. includirg a reasonsbb atto?n~Y's fe~ and cosb of ab4tracts oi titl~. incv~r~d a p+1d a~ :
s~y time by s+id MORTGAGfE. b~caus~ w in the ewnt of ti» fulur~ on tM pah of tM aid MORTGAGOR w duy, promptlY w+d fu~~Y P~f«^4 d'xi+uy~.
axecut~, eifect. compie?~. aomP~Y w~th ar+d ~b~ds by sxh sr+d ~ve:Y th~ itipulat~oro. a4reeme~n. conditiom, and cowiants ot wid promissory ~wte arni this t
~~WO~ ~^Y o~ either. and said cosa. dwrp~s ~nd ~xpt~. ~acl~ and w~ry. ah~ll b~ Mnm~di~tely dw a+d paYablr, whNher o? not there be notiu dr ;
mand, attempl to cdbrl w wit peed~g: and tM fvll ~novN of ead~ and ewry svch WYma+~ s~++li bw. iatersst from tM dat~ thsreof until paid d the ~
raee of ni~e pa cenrum per a~u~w~n; and all said costs, charqes and e:pereses incwred or p+id. to~tFw with wch intsr*at, ~MII b~ s~cur~d by th~ lieo of this
ma~p~p~• ~
6. TMt W in fhe ewnt of u~y breach of thit Mort~ap~ or deta~it on tlr p~rt of tM MORTGAGOR. or (b) in th~ went N+y of s~id wms of moMr
herein nf~?nd to be not promptly and fvlly paid within thiny (30) days oext ~fte? ?ht san+e sewrailr becane due +^d Wyabl~. without dsmand a notiu.
w W in the ~wnf exh ~nd ~very tM sttpul~tio~s. +p~~nents. conditions snd covae?iob of said promissory note snd ~his matpa~ any a afher u~ no1 ~
iufy, prompdy and (uily pKfamed, d~scMr~ed, execvted, eifacted, compkted, ccmp~ied wi~h snd abided by, tMn in -eitlror or ~ny s~ch wtni tM aid a~ _
9regaM wm mH?t7oned i~ ssid promissory nWe then nmainirg unpaid. with inrerest ~cc.ved, and ~II ma~eY~ secwed Fw~~by. sMll beco.ew dw and p~p
able forthwith, or tMraaNe~, st tl+t opYan of aaid Al10RTGAGEE, ss f~lly ~nd compittely as i( all of the said suma of mawy wen aginaily sNpuleted
to be paid on :uch day. snythiny e+ s+7d P?on+iasall ^ote a 6? this MortQa4e ro ths contnry notwithstu+dinyt and thaa?Pon w thcreafta at fM option of
uid MORTGIIGEE, wirhout ~+otica or demu+d, wit at law or io equity, therefore or tha~after beyvn, m~Y 1» txosecut~d as if all moneys s~cured hereby ;
;
had matut~d priot to ib inslitution. •
That !n tl~e tv.+~~ ~h,~t at tl+~ besieW?ing o~ or at inV tim~ OOno~nl7 ~Y wit vpon i~ii ~:~wtqsya. :3 .`M~•~a F!. re~'-•••^ H, a• !*+f9'aa k~
payment of ~ny dsims hereu~der, said N10RTGACsEE sh~lt apply to tM CW~t INVing ~jU~ifdiCtiOf1 tAlroO} fOf 1F1! ~p{1Wnfrt1lflt Of ~ K!C!rvl~. sucn ~ouri sn.ii i
forthwith ~ppo~nt ~ nceiver of said mwt9syad prop~rtY all and dnpulu. Mdudu~y all snd iu~g~lar the income, profits, iswes and nveoues from whatever
iouro~ dsriwd, e+ch ~nd every of whKh, it beinp ~xpressly u~d~~stood. a hereby mwtyaged ~s if specliically set fath and dewibd in the ~aroinp and t
habendum d~wes hereof. ~~+d wch Receive~ sh~ll h~w sll the lxwd and effective tvnctwns and powen in ~nywisa eatrusted by a Court ro a Receivt~. and i
such sppo~ntment shall be made by wch Co~rt as ~n admitted eqvity and + m+ttcr of abiolwe )ight ro ssid MORTGAGEE, and wittiout refe~ence to ths z
edequscy a inadeqvaty of the valw of the proparry mwty+9ed o? 1o the sWve~cY a i^_so~venty of said MORTGAGOR a the defendants, and that auch
renrs, profin, income, iss~res and reverwes shall b~ applied by wch Rsceiver accordinp to the lien w quiry of said MORTGAGEE and tM p~scrice of such
CouA. ~
8. To duty. pranptly and fvlly perfwm, d'acharye. execute. effect, oompkte, comply with ~nd ~bid~ by ~ad~ ~rd ewry ths stip~latio~n, sy~eemsnts.
conditions and covenann in ssid promiuory note snd tha mwtyage set fwth.
9. That io tl+e event the ownaship of ths mortgsyed premises, a~nY Part thereof, bccomes vestad in a pKSOn otl+K than the MORtGAGOR, the
MORTGAGEE, in successon and auigas, may, without no~ice to the MORTGAOR, de~l ~vith such s~raessw a successor in u+te~est with reference to this
mort9a9e and the debt hereby setured in rhe same manner as wi:h Morrgsgor wuhout in any way vitiatirg or duchug'mp tM Mor~pagors' liability F+era .
under pr i~on the debt hereby secured. No s+le of the Rremises hereby mortga9ed and no fwbearance on the part of tF+~ MORTGAGEE o? iri successws
w auigro and no extension of the time fw the payment of the debt hereby secwed g~ven by ths N10RTGAGEE or in sucussas oi ~ssiyos. sh+tt operate
r~ .e1.ne_ d:~charo~. modifv thsnw w affect the ori9a++1 liabil~ty of the MORTGAGOR htrein, either in wlwk or in put.
10. tt is specifically agreed that time is of ths euence of this caur~ct ~nd that no w~iver of am obligation haeunder or of the ob~iy+tio~ se-
cured hereby sh~ll at any tims thertaher be heM to be a waiver of the terms hcreof or of the instrumem secured herby.
11. In additan to the farego:ng monthly payments of princ'pal and imerest required by the promiuory nore secured hereby, ma?gsgw cove~aMs
ard agrees to p+y to mortgagce with each monthly paymeM u+ add~rional zum estimated by mwtg+gee to be eqval to 1/12 of the snnual cost of the fo(low-
.
A-All reai property taxes kvied or assessed against the above described real estate.
8-Rremiums on fire and windstorm inwrance as he?ein requ~red fo be carried on the improvemenb sitwte a+ the ~bove dewibed.premises.
C-Premiwns on such morigage gwrsnty inwrance ss rtartgagee shail from t~me to time deem fi1 to wrry on ths loae secured hereby.
Mortgagee sl~all f~om t~me to time notify matga9or in writin9 of the amount dve a~d psysble hereunder and wch wm shalf Nxreupon be d~e and
~ payabk on the due date of the nezt monthfy" payment and exh successive month thereifter until mortgsgae shall notify mortgsgor of a change in wd~
! amoirnt. Such sums shaU be applied by mortgagee toward the paY~t of real property tsxes, inwrance premiwns, and morlgaye 9uaranfy inwraoce
~
E P~emiums.
~ IN WITNESS 11YHEREOF, the said MORTGAGOR has FKreunto ut his hand and se+~ the dar and Yeu fint aforesaid.
Sigmd, Stalad and delivered in the prssenu of:
~
~ _
~
0 i
`s~-n ;
,
STATE OF PIORIDA ~
u. 3
couNrr oF St. Luci e
~fae ~ ~,,,~,~~y Wf 118rd S. Courtney .~a ;
G1e~Lna H~ne ~urtnev his wife, ro mt wen t~ov~n+ ~~d www~ ro me +o b.
the lndividwb desvibed in and who e ed the fors9oirg iastru~mnt, and acknawledQad beforo n+e th+t they ~x~cuted the sams for tM PurPoses
?n~.~~ ~~.~a. a,a r~ ~nna Hope Gourtney
w~fe of m. Willard S. -~ourtnev upon . sepu.te .~a aw.t.
examinatari by me take~ separate u?d apart from her said Maband. acknowledped 10 ~nd before m~ that shs axecvted said irutrument freely ~nd volwr
rarily a~d withovt a+?y compulsion, constraint, appreheruio~, or feu o# a from her said husb~nd. -
wirNESS mr ~a ~,a offK;.i .~i ~,n 17th d,~, ~ ecember a t9_2..'4.
~s ~ Notary u lit in and i ths St of Florid~ st j.sr~
~ , fILEO Ak0 R[CdR0E0 My . . _ r.
Retum To: ST. LUCiE C4UNTY fLA.
ROCER P0ITRAS ti!~TAqY Mf~~iC. S?ATE o( FLOP.ID, 1SAiR8=t~y~ ;t;
FiM Federal S+ri~ys d. l.oan /?ssoc~atan ~<fRK ~.I~uUli COURT , ~ _
Of fort P~uce. RECORD VEAIFIED 1: r ~,::!"y:~~o;~'.'~~u~• ':~~~9~/ ;r
g~ -
Fort Pi[ICt. Fbrida ' 6iliwW u . J•i „~.~~r~:~~'~y~.~ '
p~,c 19 ~ii
zy3 ~M ~a f.
e~ _
- 16r.1 ~ s~~ ^,1 ~ ~ s ~
~3 ~ ~ ~ ~ r
This Instrument Prepared By RiChazd K. Kayes ` u s~~ : n~
Firs t F e dera l S a v i n g s b t
o a n A s s
o c i a t i o n Q
Fort Pierce, Florida %-,,~s-•••~..:.•~cF,. ~
~ -r.s~c~ =
. •f jIk'..~F~ `
Checked ,
. ~oox234 ~~~07i
- - - - -
Y~~ ~ e ~ }
~ ~ -
- - - ~`'s,~'.~'."~..a _ . . .