The URL can be used to link to this page

Home My WebLink About2832 To pl~c~ and continvou~fy khp on tM buildin9~ now or M?e~ft~t ~itwt~ on taid land and on all aquipm~nt a~d p~rwn+lly tovaed by thif morl¢ p~, with ~II prtmlum~ thercon pa~d in full, fin in~vr~nc~ in IM ~swt tta~dard policy iwm, in • ium apptov~d by tM N10RiGAGEE, ~nd windttorm inwranc~ in tF» uswl ~t~nda.d ~oi~cy farn, In a wm approv~d by tM (NORTGAGEE, in such company w mn+p~aies a ~ht MORTGAGEE may di~ec~i and +II ii~~ ~nd wind~rorm ir+~urence policias on ~ny ' ot taid bvildi~g~„ aey inMn~t tlisrein o~ pa?t tMreol~ In tM pqrp~t~ wm ~fa~s~k! o? ; in ~ac~ss thereof, sMll contaln IM usual stands~d morrgs~w clavu w such othtr clsuse ~s 1hs Maty+9N may rcquw. eni~inp tM lots undw s~id pol4 cie~, ~ach and avery, payabl~ w s~id MORTGAGEE ~s its in~~~est may spp~+r. u~d each and ~very iuch policy ~hall b~ prompt~y ui 9ned and de~ivered to a~y Mld br s~id MORTGAGEE h(u~thar s~cvrity to said mat9~ dWt, ~nd. rwt leis tMo ~a? l10) days ie adwnc~ of t?a ~ap'xation oi ~ach policy. 1o da ~ i~ver to s+id MORTGAGEE • renewal the~eo(, toy~~F?N wi~h a r~ce~pt fw tM pr~mium ol wch ~e~xwa~: u+d ther~ shall b~ no f'u~ w windstam inwranu plsted on ~ny of said buildirgt. ~ny intaest thtr~in a p~rt 1ht~eof, v~ks~ in the form ~nd with 1M bu payable as ~faes~ids +r+d in tM ~vent ~~+y sum of narwy becwna payabk under such policy a policies s+~d MORTGAGEE tMll Mw ~he option to nceiv~ and apply 1M same on xcount of tM iedebted- neu secwad Ix~eby o~ a pe.mt~ ~a~d MORTGAGQRS ~o ~eceiv. ~nd us~ It o~ •ny par~ ~hereof fw ofF,er purpose:, wi~hout ~herebi waiYl~?g a M+pair- •h iny any equ~ty, I~~n or right w~der or by v'utu~ of this matyap~; u~d in tM eve++~ w~d MORTGAGORS sF~all for eny reason f~il to ksep the said pr~misas so ; ~nsured. or fall fo delivm prompNy ~ny of said polKies o( Iruurar?c~ ro said AhORTGAGEE. w fail p~romptly to p~y fulty ~ny premium therefa a in ~n~ respect fall ro pt~fwm, dixha~gs, execut~, ~(fed, tompkt~, tomply with +nd ~bit~ by this tovtnant, w any part Mrwf, aaid MORTGAGEE may pl~t~ and L pay fu such Inwranc~ w any pa?t Ihe~eof withovt waivirg or affeuinp any optio~. IiM, eqvity, ot riyAt unda o~ by virtw of this Mwtyaye. and the fu11 smo~~t of each and e~~~y such paymenl sh+ll b~ immediately dw and pyabk ~nd shall bsar i~tereat irom ~hi dat~ thereof u~~il paid ~t tF+~ r~t~ ol n;ne per te~tum per annum and logelher with such intere+r shali be secured by the lien oi this mat9sQe. To pe~mit, canmit w ~uifx no wa~tt, impairment w deterarstion of said p~operfy or any put thereof. S. To pay all ai+d unpulu tM cost~, cMrges and expense~, incl~dirg • ressoneble attar?~y'~ fes and costs of abstracri of titk, inewred w paid af any time by said MORTGAGEE, b~cause or in the ~vent of ~he failuro on ~F~s p+rt of rhe said MORTGAGOR to dvly, prompNy ~nd fvlly pe~form, d~uha?g~. execute, effed, complete, compty w~th and ab:de by each and every ~he s~iputat~o~s, eg~een.ents, conditions, and covenants of ~aid promiuory not~ and thii mw~flaye any or ei~her, and uid cosn, ciwges and expenses, euh end every, shall be immediately dve and psyabts: whethtr a not there be notict da mand, atrempl to collect w iuit pend~ny; and tM full amount of each a~d every such paymeM shall bea? interest irom th~ date the~eof until paid at tht .a~e oi nirse per centum per an~ium; and all said cosrs, char9es and expmxa inc~rred w'paid, togethcr w~th wch interest, shall b~ secured by th~ lie~ of thu murtgage. , Q Th~t (a) in the event of ~ny breach of thls Mortyag~ o~ defaulr on the pa~t of the MORTGAGOR, w(b) in the event ~e+y of sa~d sums of ma~ey herein r~fer~ad to bs not promptly and fully paid wi?hin thirty (30) days next after the same sever~tly betome due and paysble, witho~t demand or notice, cr (c~ in the svc~t each end every the atipulatio~s, agrsemenn, cond~~ions and cwenann of sa~d promiuory no~e snd th~s mat~a~e any w eithe? are eo1 iuly, promptly and fully perfwmed, d~scharged, executed, effected, completed, compl~ed with and sbided by, then in either w eny such ew~t ~he said g-egats sum mentaned in said promissory note theo remaininy unpaid, with intcrest acuued, and all moneys secured hereby, sMll become due and psy- eb!e fwthwifh, or fhereatter, at 1M option of said MORTGAGEE, u fully an~ complesely as if •11 of the iaid wms of money were aiginally sttputated ro be paid on such day, anythinp in u:d protnissory note w in this Matgage to the contrary notwiths~anding; and tF~eteupo~ ot thereaher at the option of sa:d MORTGAGEE, without notrce w demand, suit at law o~ in eqvity, fherefae w tAereafter beg4n, may be prosacured u if all mon~ys s.cured hereby nr,d matured prwr t0 its institutioo. - 7. That in the event fhat at the beginn~ng of or at any time pending ~ny suit upon this Mw~g+ye, or ro forectos. ir, or to roform it, or to enfwa~ ~ayment of any cla~ms he+eur.de~, uid MORTGAGEE sMtl apply ro the Cour~ haying ~ur~sdiaion thereof for the appoi~tmeM of ~ Receiver, such Co~rt shatl io~~hwith appoint a receiver of said mortgaged proprrty all end singular, includ~ng all and singular the income, profits, istues ind revenues from whatever iou~ce derived, esch a~+d every of whfch, it be~ng expressly unde~stood, is hereby morrgaged af ii specifically se1 iorth a~ destribed ln the 9~antir?p u+d hjbendum clavses hereof, and xxh Receiver shall have all the broad and effective funct~ons and powers in anywise entrusted by ~ Court to a Receiver, and s~~ch appointment shalt be made by soch Court as an admitled equity and a matler oi absolute right io said MORTGAGEE, ~nd withovt reference fo fhs edequxy or inadequacy ot the value of the property mortgaged w to the sowency or insolvency of said MORiGAGOR w the defendanis, snd that s~rch .c~,rs, profits, incane, issurs and revenues shall be applie.l by such Receiver according ro the lien w eqviry of said MORTGAGEE and Ihe prattite of sudf Ccurt. 8. To duly, promptly and (ully perform, dischaage, execute, effett, compiete, comply with and sbide by tach and every the itipulations, agreeme~?ri, cor.dit~oru and covenants in sa~d promissory note and this mortgage set forth_ 9. That in the event Ihe ownership of the mortgaged premius, w any part the?eof, Eecort~es vested in a persw~ other thsn the MORTGAGOR, 1M MORTGAGEE, ifs successors and ass~gns, may, without notice to the MORTGAOR, tkal with such successor d successor in interest with referente to this ~.o~tgage and the debt hereby secured in the same manner as with Mortgagor without in any way vitiating w dischargirg the Mottyagori li~bility hertr unde: or upon the debt hercby xcured. No sale of the prem;ses hereby mor?gaged ~nd no forbearante on 1he paA of the /NORTGAGEE or its successon or assigns snd no extens~on of the time fw the payment of the debt hereby secured given by the MORTGAGEE or ih s~cteasors w assigns, sMll operate ~o release, d:xhargc, modify change w affecf the origi~al liebility of ~he MORTGAGOR herein, either in whole a in put. 10. It is spec~ficafly~ agree~ fhat time a of the Kxnce of rh~s contracf and that no waiver of any oblgatan herwnd~r or of fh~ oblip~tion se- cured hereby shall at any time the~eafter be held to be a waiver of the terms hereof w of the initrumeM secured herby. 11. In ad~~tio~ to tiie forego:ng monthly payments of princ'pal and interest required by the promissary r?ote securLd hereby, mortgagor covenants a^d agrees to pay to mortgagee with each monthly pay.nero an ~dd~rional sum estimated by mortgsgee to be equal to 1~12 of the annual tost of fl~e follow- E i~,g, . A-All real properry taxes tevied w assessed agai~st the above dex~ibed real estate. B-Prem~ums on firo and windstorrn insurorce as hereen requ:red to be carried on the improvements situate ort the sbove destribed premises. C-Prem;ums on such mortgage guaranty insuraoce as mortgagee shall fram t~me to time deem fit to csrry on the ban secured hereby. Mortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payabk hereunder and suth wm shail therc~pon be due snd II ; iyable on the d~e date of the next morUhfy payment and each successive month thereafter ur.til mortgagee shall notify mortgagor of s change in such ~ ~ a~> ount. $uch sums si~all be applied by mortgagee toward the payment of real property ta~es, iruurante prem:ums, and morlgaye guaronty insurante i j r,•emiums. _ ~ ~ IN WITNESS WHEREOf, the said MORTGAGOR has hereunto set his hand and seal the day a~d ar f' sforesaid. ~ ' ned, Seal livered in the prestnce of: ~ , ~ ~ / C • a~ ~ ~ ~ ~ - ' n € STA7E OF FLORIDA ~ ~ ;'+7~rd7Y Of Sti• ~.1C~A ~ Befo~e me persona!!y appeared Riehard T• Sh98i1 ~OrOthy A• ~I98D his w;4e, to me well k.awn and known to me to bs ~ rh= individusls desuibed in and who executed the fwegang inst}ru~,m~ent, and sclcrwwledged befwe me ihat they execvted the same fw the p~+rposes rherein expressed. And the said ~~~+y a• `~1e8I1 ; te of rhe sa~d Riehard T• ~'1@8Tl vpw~ a sep~rate ~nd privato x~m~natior~ by me taken sepa~ate and apart from her said husba~d, ~dcnowledged ro and befwe me that she executed said instrument freely and vduo- ~-,+y and w~thout •ny com~ulsion, constraint, approhension,,,.pr feu of or from her said husband. c ~ WITNESS my hand and offiual seal this day of Februa ~ p 19 75 ~ Nolsry blic in a~+d fw t aro of F ida Lar ~ " .~~~I11N .~j~ sapires: ~'J~ Retum To: ' v i>. /I `-.^i• ! ~ First Federal Saviryi S loan Association ~~I'~r ~ ; , v . , ~ ~~Y;.~Y ~ ~ l~j ~ f.IlE01?N qECOA EO O( Forl P~erce. • ~i . ~ sT. ~uo~f couNtr ~u?. , ~ Fort P+erce. Norida '~C`.~j~' ~~L> • • ROCE~ ~'~1Tf1AS t ~ ; ~ ~ s'~'•. CL'cRK CIaCUIt COURT , ~ t . RECOROVfR~~!fb . ~ ~ j - ~ 3 II oi AM'~5 ~ This Instrument Prepared By Wm. E. B2'autl ~ C~.•'ct ~ j~i''~ ~ First Federal Savings ~ loan Association ~S}'!~~''• ~~~~~..••'ti4 ,`~1 ~ of Fort Pierce~ ~orida ~•,a, 9 ~ 1.•~~,'~~'~ e - ~~~h~lr11e11:ftNt~~ s ~•;,f-: . A: .~_ti;-,; • Checked B ' _ ~ ' ya~~ ;~;1- . _;S: ~ ` ~ B~ ~ ~~rV~.rV , • ~ - ~ . • . ~ ! + z. ~ s - ~ , N ~ ~ . : ~ ~ ~ ~~`~.:.~r'~.-~'~.T~~.?~_s,_.._ , . ~~-n ~