HomeMy WebLinkAbout2673 3. To plau and ca+tirnwusly k~ep on ~F» buildirgi now a M~e~feN ~ituat~ on s~id land and on all eq~ipmset and pKwnally wvH~d by thi~ nwrt¢
p~, wi~h ~II premiumy ~Fwrwn pa~d in tull, ive inwr~nce ~n ~he wuei •~yidard pol:cy fwm, in • svm spproved bY ~M MORTGAGEE. ai+d winds~wm
inwr~ in tM ~wal ~tanciad poliq fwm, in ~ wm approv~d by tM 1NORiGAGEE. in wch comp+^Y o~ , to~`W^~~ q ~M MORiGAGEE ma~
d'v~ctJ ~nd all f'u~ and winditorm iow~ano~ policiss on +ny of said bwld~npa arW inNr~st thar~in w part therwf. In tFr ayqrepate su.n afw~s~id a ~,-.,r
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rn ~xttss ti+e?eoi, ~n~ii ca+ta~n tn~ uswi sie~wau ~~a++~yvy.. - ~ .w u,_., , w~:~ ~h. 1ms u~dr aaid Qdi- a~.l.
ciy. sach •nd evay. p~vable ro iaid MORTGAGEE ai ~ts inte~efl may appea~. a~d each ae,d evcry tiuch policy sh~{i be p~omptly Ns.Qned ard delivKed ~o
~~y hetd by said MORTGAGEE ~s (urthe~ security to aid mwtpage deb~, and, not !eu tM~ Ien (10) day~ in ~dvanc~ of fFw ~xpir~tion of_ each pultcy, ro dr
liva ro s~id MORTGAGEE • rtnaw~l tFxreof, ropetha with • reccipt for the pr~rt+ium ot tuch nr?swaS; and there shafl be ro fir~ a wi~?d~sam inw?u+t~
plapd on ~ny of aid buildinps, M~t I111Nqt f~Mfftfl Of p+rt rhereof, u~less in ~he form a~d with the bss payabk as afae~idj a~+d in th~ evs~?t ~ny axn ~ i
of nwMy becom~s p~yabts unda ~uch polky or pol~cies sa~d MORiGAGEE ~MI! h~w ~h~ opt~on ro receiw and apply the same oo accouo~ of tM ind~btd~
~eu secwed lwroby w w permil ~aid MORTGAGORS to ret~iw and uss it or any pa~t lhrreol Iw otiKr purFOaes, viiihout thereo~ waivi~ig w unpair-
inq anY puity, IiM w riyht w+da~ or by v'utw o1 thia mor'yaqe: ~~d in the eve~t a;d MORTGAGORS shall fw ~ny ~eason fail ro keep the said premises w
i~swtd, w fail 1o deliver p~anplly a~y of said policies o( insui~nu ro said MORIGAGEE, d fai: promptly fo pay fulty any premium ther~fw o~ M a~y .
rsspett fail W pe~form, dixhaqe, •x~cute, ef(ect, compkt~, complv wirh u+d ab~ds by ~his cover+ant, a any psrt hereof, said MORTGAGEE rn+y plaoe +nd
pay fa such inwr+nc~ or u?y W?1 tMreof wi~houl w~'ning w•ffectinp ar+y option, lien, equity, w r~yh1 ~nder or by virtw oi this MwtgaQe. ~nd the
full ~monM of eacA and ~vsry such paymem sMlt be immedi~tsly dw ar~d p~yable ~od ~hslt bee~ intereit trom the date thereoi u~tii paid ~t ti+s rais oi .
~~~,e per centum pe~ annum snd to~e~hcr with such interesr shaU be secured by the lien of thi~ matya~ee.
4. To.pe~mli, comrnit ot su{fer no wasle, imp~kment a deterio:ation of said property ot any pa~t the~eof.
5. To pay all and sinyuls? tF» cosn, chuges and exper?ses, includinp a rea~a»bls at~orney's fes u+d costs of sbstracts of titl~, incvnod a paid a1
any time by said MORiGAGEE, because a in ~he eve~t of rhs faiture on the pan of the said MORTGAGOR to duly, promptly ~nd futly per(orm, discha~ ~
execute. effect, compiHe. comply with and ab:de by esch and evcry the ~tipulatwns, agreeme~ta. conditions. and coven~nq of wid p?omiuory note and thi~
mortgage any a either. and sa~d cost~, tM~gtt and expenses. esch and evHy. shaU be immediately due and p+yablet whelher p ~W the+e ba not'Ke ds
mar+J, attempl Io colkcl w wit pend~ng; and tMe f~ll anwunt of eath and wery s~~ch payment shall bea~ intertsl from~}!r date thsreof tmtil p~id ~t tht
rare of nine pe~ ceritum pe? annu:n; and all said cos~s, charges and expenses incvrred ar paid, together w~th wcF~ ioter~st, i1?all bt sttwed by th~ iien of tha
mortyiye. .
Q Thaf in the eve~?~ of any Meach of this AAortga9s"w default o~ ths part of the MORTGAGOR, w(b) in tht ~ve~t any d ~aid sums of monty
herein roferrsd ro be not prompHy snd fully paid within th~rty 13U) dsys next afrx ~he same severally bscpme du~ and payabl~ without demand or nWice.
or in the event exh and evcry the stipvlauont, a~recmen~s, cond~tio~s and covenants of sa~d promiuory rate snd ti?~~ mortpape anlr o? ei~hn an no1
~uly, promptly and fully perfwmed, d~scharged, eaecuted, e~fected, canpleted, compiied wi~h and abided Sy, the~ in e~ther or sny auch svent 1he said ap~
gregate sum mcm'aned i~ said promissorY note tfien remaining unpaid, with imrrest accr~ed, and aq moneys secured hereby, stall become dw and pay-
eble forthwith, or therc~fter, at the opi+on oi said MORTGAGEE, as ful{y and completeiy as il aii of the said sums of money were osiginally alipul~ted
to be pa~d on suth day, anyfhi.~g in sa:d pro~r.isswy note or in fhis Mo~tgage to the contrary notwithstanding; and the~eupon w there~fte~ st tM option of
iaid MORTGAGEE, without norice or demand, svit at law ,or in equ~ty, tFurefore w?hereaifei begv~, may be prosecuted ai if~ att moneys secured ~by
had matured pr~ot to As +nstitution. -
7, 7hat in the event that at Ihe btginning of or st a~y Yime ~ending ~ny su~t upon this Mortgsge, w to foreclose it, d to reform it, p fo enfwce
paymeot of any daims hereunder, said A10RTGAGEE shall apply to the Courf havi~~g jurlsdrctiai thereof for the appointmer?t of a Receiver, such Court sF?all
fcrthwith appoint a receiver of said morrgaged proparty all a.~d singuiar, incl~d~ng alf a~d singular the income, profits, issue~ and revenues from whatever
source derived, each and every of whKh, it ~eing expressly understood, is hereby mwtg~ged as if speci(icalty set forth and deKr~bed in the y~anting and
habendum ciausea hcreof, snd such Rcceiver shalk have a1t the broad snd effective iunct~ons and powen in anywise entrvited by a Cou?i to a Receivtr, and
such sppoin?ment shall be msde by such Court as an admirted cauiry and ~ maner ol absolute cight to said I~IORTGAGEE,. snd wirhout 'relerence to ths
adequacy w insdeqvacy ot the value of the p~o~erry mortyaged ot to the sotvency or Fmotvency of iaid MORTGAGOR w~the deFendants, and ~hat such
ren~s, profits, income, issues and revenues shatl be applied by such Receiver attording Io the lien w eqvity of said MORiCsAGEE and the pratlice of such Y
Louft. • -
8. To duty, prompt~y. and fully perform, discharge, execute, eifect, compkte~ comply with and a~de by esch and evlry 1F~e stiputatia~s, ~grcements,
conditions and covenants in sa~d promissory no?e s~d this mcrtgage set fotfh. -
9. That in the event the ownenhip of the mortgayed prem:ses, a any parf thereof, becaaes vested in a peno~ other Than the NIORTGAGOR, the
htCRTGAGEE, its successo:s and assigr~s, may, witFw~t notice to the MOR7GAOR, deal with such wccesso~ o? sutcessor in interest with ~re(erence to this
m.o~+gsge and the debt hereby secured in the aame manner as with lNortgagor without in sny way vitiatirg p d~schargi~g the Mortyagp~s' lisbility 1~e~e-
under or upa+ the debt hereby secured. No sale of the F.em~ses hereby mortgaged and no forbearance on ~he part of the MORTGAGEE a iri successots
or assigns a~d no eztension of the time for the paymeN of the debt hereby secu~ed given by Ihe MOR7GAGEE or it~ suctesson or assiyns, shall operate _
to re!ease, d~xharge, modify chenge or effett the wiginal liabiiity of the MORTGAGOR herein, e+ther irt whole w in put.
10. It is spec:(~cally agreed that time ia of the essence of this conrract and that no wsiver of any obligation herevnder w of the oblipatio~ s~
c~red hereby shall at any time thereafter be held fo be a waiver of the terms hereof or of the instrumeot setu~ed herby.
11. In add:tion to rhe torego:ng month!y paymants of princ'pat and inte.est ?equ~red by the promiuory norr secured hereby, mortgsgor covenants
ard agrees to pay to rwrtg~gee w~th each monthly payme~t an add~~ionai sum estimated by mortgagee to be equal to 1~12 of the annual cost of the follow-
~r,3: .
A-A!I rea! property taxes :ei~ed ot assessed ayairot thc above dtsa~btd real estate. ' ~
B-Pramiums on fire and .vindstorrt: insurar.ce as here~n requ~red to be tarried orti the improvemeits s~tuate on The above destribed premises.
C-Premiums on such m.ortgage guaran~y %surar~ce as mortgagee shall from ti:ne to time deere fit to, tsrry on the b~n setwwd hereby. .
; Mortgagee shail f?om time to t~rtie notify morrgagor in writing oi the amount due and payable he~eunder ~nd such sum shall thereupon be due and
~ ; ayabtt on the due date of the ne:t monthly.paymem and each successive month thereafter urtil mortgagee ahall notify mortgagw of a chaoge in such
e~*,ount. Such svms sha?t be-appligd by mortgagee toward the payment o4 real properry taxd, ins~erance prem.wns, a~x! mortgage -guaraMy insunnce
~ r,-e~niums. '
~ If~! WlTNESS WHEREOf, the said MORTGAGOR has hereunto set hi: hand and sea{ the day and yeu firot sfwesaid.
Signed, Sealed and detivered in the presente ofi s~~~/
.Gl,~'i (Sean
(3 C lQS Webster q
: C~.+~ csN~
_ Bessie A. webster ,t.,~
SiATE OF FL RIDA 1
C~UNTY OF $t • L.13C1@ ~ ~ ~
Befwe me personally appesred C~aY1Q8 WQ6st~r -,nd
_ R~~s3~;A Y,~ht~sr his wife, to me wefl known and krwwn ro me to be
tne individuals described in and who executed the
fwe9ang instrument, and acknowtedged before me that they e~CiNed_,the, same for the purpo~es
rherein expressed. Arxl the uid B~SS~~ A M~b~t!]~ _ ~,:'''~F ; -
~
+:~fe of the ssid - upMr~ sL~ snd p?ivat~
exam~nation by me taken separate and apart from t~er said husband, acknowledped to and befote rtM that shs e~?~t Aiid I~strumeiA.. rq171 and volurr ;
ra+:ly ~nd witFaut any compu!sion, co~straiM, apprehension, or fear of w from her ssid husbared. ~7 ^.~i 1 i;. , ~
~~'E-~- da of DlC~lbl~~~ 1:.7 ~ ~ A. D." 19 74 i.
WITNE55 my ha~ snd o~ficisl scal this y ~~.5--. _
~y~.
. ~ ' ` ~
~ Notsry Public in ~6ta ' at Lar~
' My e "r~ ~''~.~~.Q. J . .'7 6
Return To: - ~ . . ` .
First Federal Sarirtgs 3 loan Associat~on . ' -
Of Fort Prerce. ~ ' • ,
f~L,fC l.4C RECJRDEB ;
Fort P~erce. Florida sj_L~yiE .~.~~1TY f~~ ' ~
RuC:1 ~31TR~S ~ r
C~£Fi• t'~tGUfT COURT £
" of~~y~.^.Yf~'=!ED.:~....~-~.. e~',,,~, s
This Instrument Prepared By J, H. Roberts JY.~ 40 ~y f7,1
first Federal Savings ~ Loan Association IK~ 19
of Fort Pierce ~ Rlor ida 33450 . .
Checked B . ~9"1999
ao~ 2~4 ?~~~:E 267~ ~ ~ ~ ~ ~
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