HomeMy WebLinkAbout2073 To plaa and con~tnuously kHp on th~ 6uildinp~ now a MrNha ~u~t~ on :aid I~nd ~od on all equ3prwnt ~nd p~nonally covKed by thi~ mort¢ .
p~, wi~h ~I) pr~miwns tF+tr~on paid i~ iutl. fir~ i~tw~nc~ in tM ~swi su~dard policy fo.m. io • wm ~pprov~d by th~ MORiGAGEE, and windttam .
leuurw+o~ in t!w wwl uandard policy fonn. in ~ wm ~pprov~d by tM MORIGAGEE. in wch oompanY or comp+n~~s q th~ MORTGAGEE may
dinct~ ~nd ali fir~ ~nd w~ndstwm Inwrana Pdicie+ an any of said bu?1d~nps. sny i11fN~lt iFMff~1 Of p~rl (FIffWI, in ih~ pprp~h wm ~fo~~ssid ot c
tn enaas thawf, sMll ca?fain tF» us~t itandud mor~9a~ clwa a iuch ai?w clwa a ~M Mort9a~s~ n~+y rpuK~, e++kMq tFr bas uade~ u~d poN-
tisa. ~sth ~~d ~verY. WYablt 10 Nid N10RTGAGEE a~ iq intcr~st may appN~. and eath and ~vay s~th policy ii?dl b~ pomptly au:y~ed and de~ivered to
•ny h~ld by said MORiGAGEE ~s turthe~ secv~ity ~o iaid mat~sp~ deW. and. no1 ks~ thu? tN? l10) d~ya in ~dvance of the ~xpiratan of ~~ch policy. ro da
IivN ro Nid MORTGAGEE • renewal tfie~eof. ~opeihar wi~h a rec~ipt fw the premium of avch r~newsl~ and ther~ ah~it bs no f'u~ or winda~wm Guwa~a
plac~d on ~~y of taid b~iWinps. ~nr intaest tMrei~ w pirt thsreof, unleu in tAe form and with the loss pay~bb a~foitsaid~ ~nd in tM ev~nt any w~n
n~ss ucv~~y+waw ~ s~d MORiGAGORS
o rouiv~~nd us~ it orlanyvpa~ Mreoi'fa~o
her ~rpo~ies tM~hovt ~hsreb~~wa~r~ a~bpair- ~
inp ~ny p~iry, li~n a riQht under or by virtw of thta mortya~~i +nd in th~ ewnt s~id MORTGAGORS thall (a any rNton fail to kaap tM s+id (xanis+a ~o
inwr~d, w fall to deliva promptly a~y of said polxies of inwrance ro s~id MORTGAGEE, w fail promptly to pay f~tly sny pramiwrc Iher~fa or M ~ny ~o
reipecl fail b psr(onr?, discharge, ex~cute, afi~ct, compkte, comply with +nd abide by this ooven+N, or ~ny part harwf, said MORTGA(3EE may place u+d ~
pay fa such kawance or any parl ihsreof without wahrinp a~ffactinp aMr optio~, lien, p~~ty, o? ri9ht vnder a by virtw of this MatqaQs, ~nd tht
tull ~mount of ~ach ~nd ~wrv surh wvmHN shall immediately dw and qyabl~ ud aMll bear iotKaN from ths date Ihcreof untii p~id +t th~ u» 01
nine pK ce~tvm per ~nnum and together with such iMereat shall be secu~ad by ths lien of this mortqa~e. ,
1. To pt~mit, commit or tufirr no wast~, impsirment or deteriarel'an of aid property or ~ny put tl~enof.
5. To p+y all and skgul~r tlr cwt~, charg~s +nd expsnses, includirg • reasonabls attorney`s fes and cwts of absnsct~ of titl~, &~curr~d o~ paid at
any time by wid MORTGAGfE, betause a in tM svent of the failure on the part of tAe seid MORTGAGOR b duly, promptly u+d fully perform, disch+~9R
ezeurtt. effect, complste, comply with ac~ ab:de by ead+ and evety the stiput~t~ons, +qree~nen~s, co~sli~iwu. ~~d rnven+~b of said promiuory nott and tha
mort$ ~ye any w ei~her, and aid coits, cMrqta and expenses, e~ch and ~wry. shall b~ im.~+ediately dw and payabl~: whOthl~ Ot n01 fhsr~ be ^otice dt
msnd, atttmpt lo colhct a suit pendu+p: and tF» full amow~t of each ~nd ev~?y s~ch puymeM ahall beu interest frwn Ihe d+ts ther~of wuil paid at ~
rate of nine per centum per annum; and all ~a'd costs, charges and expenies incw~ed or paid, together with wch iMerat, ih+ll b~ tatur~d by tht liee of this
mort~+D~-
b. That in the event of any bre+ch of thu Mortga9e or deiavlt on tM pa.t of rhe MORTGAGOR, or (b) in ths eva+t any of said svms of rewrny ~
he~ein referred ro b~ not promptly snd f~ly paid vrirhin 7huty (30) days next afte~ ~he same tevwalty bacome dw and payable. withovt d~n~nd w notice,
or (c) k? the evem e~ch and every the stipvlations, ~yreerr~ents, conditions u~d covcn~na of sa;d prornissory note and th:s matpap~ u~y o~ e+ther an no1
~uly, promptly and fulty performed, d~schsrged. executed effected, completed. complied with and abided by. ti~en in eithei o~ ~ny such w~M tl+~ said ap~
gregat~ wm mentiorkd i~ said p~omissory note then remaining w?paid. with i~terest acoued, ~nd. atl moneys secvrad hereby. shsll becom~ dw aed p~y-
able fathwith, a ~hereaiter, ai tF+e oprion of said MORTGAGEE, ~s fully and complrtely as if all of the uid wrta of money were or'g'uwlly stip~l~led
to be paid oo sucl~ day, a~ything iR said promiuory note or in this Mwtgsge to the contrsry no~withstsnding; and the`eupon w theres~ter st the opian of
said MORTGAGEE, w~thout ratice or demand, suit at law or in equity, thercfore.or thereafter lxyvn, may be prosecuted as if ~II moneys secu~~d Mreby
had matured prwr to iq irotitution. _
l. ii+a~ in rne ever+r mai ar rn~ oeginnirq oi or ~i sny i'~me pcnoiny snr avii uy~:. tt~:t '..:wiy:ys. a,r :o for 'a.:zaa H. es ia rsta::~ it, a: ta s: so:~
payment of any claims hereunder, said MORTGAGEf shall spply to ~he Couh having jurisdKtion the~eof for the appo~nimenf of a Receiver, such CaiN sh~u
Forthwith appoint a rtceiver of sa#d mortgaged property slt and sinyular, inclvd~ng all and sirgulst the intoma, profits, ksws and ~even~res from wMtever
soures dcKived, each a~d every of whrch, it being expressly ua?derstood, is F+errby mor~gaged as it spscificslly set fath ~nd described h+ the prar?tinp and
habendvm clauses hereof, and wch Receiver shall have alt the broad and effective func~~ons ud powcrs in anywise eahwted by a Court tb a Reaeiwr. and
s~ch appoimment ahall be made by soch Covrt s~ an admitted equity and a matttr of absolvle right to said 11M1ORTGAGEE. ~~d without referenu to the
edequacy w inadequacy ot the value of the p~operty mo~t~a~ed w to the solvency o~ ~nsolvency oi said MORiGAGOR or the defendaro~, and th~t such
re~rs, profits, income, iswes and revenues shall be spplied by svci? Receiver according to th~ lien or squiry ot said N10RTGAGEf ud the pactice of suth
CouA. -
8. To duly, promptly and fvlly perfwm, discharge, execute, effect, complete, comply w~rh ~nd abide by each and every ths stipulations, ~y~nts,
conditions and covenants ~n sa~d prvmissay note and this mwtgage set forth. -
9. Thet in the event the ownership of the mortgaged premises, a any part the?eof, betomes vested in a perton otF~er thsn the MORTGAGOft, th~
'.'ORTGAGEE, its successors and assigns, may, without norice to the MORTGAOR, deal wi~h such successw w successor i~ interest with referente fo thi~
mortgage and the debt hereby se:ured in the same manner as with Mortga~Qr withouf in any way vitiatin9 or distMryinp the Mortgagors' lisbilify Iw~-
under o~ upoo the debt hereby secured. No sale of the ~emises hereby mortgaged and no fwbearanoe on the part of the MORTGAGEE or its succsswn
o+ as:igns and no extension of the time fw ~he paymeM.of the debr hereby sttured giveo by the lJIORTGAGEE or its suttessoa a auipM, shal) Operat~
ro rckase, discha~ye. modify chsrsge o+ affect ~he aiyina! liabil~ty of the MORTGAGOR herei~?, eithsr in whol~ or put.
. 10. It is specifically agreed fhat time is of the essence of this contract and that no wafver of any obligarion hereunder or of 1M oblipation sr
cured hereby shsll at any time thereafter be hefd to be s waiver of the terms hereoi w of the insttument setured herby.
11. In add~tiai to ~he forego"ng monthly psymenls of prin~ pal snd inrerest requued by the promissory rate secured hereby, mortg~gor aovenants
a~d agrees to pay to mortgagee wi~h each mmthly payrnent an add~iional sum est~mated by mortgagee to be eqwl to 1/12 of the an+susl cost of the follow-
ing: ~
A-All real property taxes kv~ed or assessed against tFK above desu~~xd real estate. "
8-Prem]ur.n on fire and windsto~m insurance as he~ein ?equ~red to be cartied on the improvements sit~ate on the above described premises.
C-Premiums on such mwtgage guaronty insurar~ce as mortgagee sh~ from time to time deem fit fo tury on the loan secured hereby.
Mortgagee shall 4rom time to time nof~fy mortgagor in writ~ng of the amoum dve and paysbk hereunder snd wd~ wm shalt tF?ereupon be due and
~ cayable on the due date af"the next monthty payment and each successive month thereafier u~til mortgsgee shal! nofify rtartgagor of a change in wch
i amount. $•.xh sums shall be applicd by mortgagee toward the payment of real property taxes, insursnce premivms, and mortgage guaranfy inwtante
~ premiums.
~ IN ~VITNESS WHEREOF, the said MORTGAGOR has hereuMO set his hand and seal the day and yesr first a4oresaid. .
~ Siyned, Sealed ~nd delivered the preseoce of: •
• /Q ;s~.n
~ Charles R. Hims n
~ c~ . !'Y1 w~s
Gl^`inda N. 'dims, is wife
STATE OF ~RI A ~
COJNTY OF St . Luc ie ~
eefwe me personaliy spPeared Cha Z 1 eS R. 11 ].ID 5
_ Gl in da H. ~11m S ha wife, to me well krawn and known to me to be
ihe individwts described in and who executed the fwegoinp instrument, and acknowtedged beforo me that they execvted the sams fw the purpo~es
the*ein expre~ssed. And the sa~d Glinda `tims
w.;fe of the u~d " Charles F. Hims „pa, ,.epi..te .nd priv,+.
e;aminat~ by me taken separate snd apart from F~er said husband, adcraw{edged to and before me tMf she eueat~d said i~ntrument fr~ely and volun~
rar~ly and nrithovt any compvtian, co.utraint, apprsheraion, w feu of w from her uid Mnb~nd. -
WiTNESS my hsnd and official seal tti~s 16th ~ d,y December p~ ~y 74
.
FItEO Ahfl ~iEC~R~ ~t~ry Py~lic in and fp the St+t of Fbr' ~t larp~
~ ST. ~UC7c CQI~MT~
~ _ ROCfR FOtTR~;s My CO1"'"""O^ "~P'!~ '
a~r~.~ To: CIERK C~,CUIZ CWIRT /a- a(~' ~b• ,
First Federal Sa+ings ~ loan A:soc~~i/~RO VF~IFIF(1~~~ ~
Of fort P~erce. - ' ~ ` -
Fort Pierce, florida ' f'+
QEC 1~ ~I 2~ ~'7~ ' s~. r.
~ ~~:~.h,.r.
• S ~ i 4#
~ ,
2.9'7532,' ` , -
.
This Instrument Prepared By Pobert A. 9wisher~ Jr . y w ~ ~ ~''~~r~
C
First Federal Savings b loan Association = i •~1:
Fort Pierce, rlorida 33450 .~'ry "'``a ,~~i,
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Checked B ; 's~,~~
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