HomeMy WebLinkAbout2852 3. To place and continuously keep on ihe buitd~ng~ now or heroaf~er ~~tua~e on satd land and on all equip~nent a~~d personally tovered by ~his matg-
age, with all premiums ~heieon paid in (vll, f~re irtsurance in tha us~al sta~xJard ~,oiicy }orm, in a s~m approved by the MOR(GAGEE, and windstorm
~nsurance in tM usual srandad pol~cy form, in a sum approved by the MURTGAGEE, in such company or companfe~ ss the MOR?GAGEE may
dlroc~j and all (irs and wi~d~brm in~~.ancs po6c~ea o~ ~ny of ~a:d b~ild~nys, any interest therein or pert tha~eo(, in the a99reya~e aum afwesa~d or
in excess Ihereof, iAall contain the uiual itandard mortgagee dauss or such othe~ cleu~e ai the Mortgagae may reywre, m~Ainy the iws under sa~d poli-
c~es, each and every, payable ro said MORTGAGEE ae ~~s imzrest may appear, and each and every such po::cy ahall be prompHy ass gned and delive~ed ro
eny held by sa~d MQRTGAGEE as turther securify to said mor~gage debt, and, not Ir~s than ien (10) days in ad~ance oi ~he exp~rat~on of each policy, to da
t~ver to uid MORiGAGEE a renewal thereof, toge~her with a rece~pt fw 1he premium of svch renewal; and there shall be no f~re or winds~oim insurance
Rlaced on iny of said building~, any interetf therein or part thereof, unless in the form and ~~th the toss payable as aforesaid; and In the event any sum (
of money bccomes payabte ~nde~ fuch policy or policies s~id MORTGAGEE shall have ~he oprion to receive and apply the same on account of the indebted
ness secured hzreby u to permit faid MORTGAGORS to reteivs and use it w~ny pa~t f6~~cof for oincr p:,~posrs, v.i~hout ~ha.ro~ .varvin~ or nnpar• t
ing any equity, litn w right u~der a by virtue of this morlgsge; and in the eveM sa;d MORTGAGORS shall {or any reason fail to keep the said premises io
~n3u~ed, or feit fo deliver promplly any of said policiea of insurance to said MORTGAGEE, or tail prompfiy fo pay fully any pramium therefor or in a~y
.eepect fail to perfwm, discharge, execute, effect, complere, comply with and abide by this covenant, or any parf hereof, said MORTGAGEE may p~ate and
pay (a such iniurance or any part thereof wi~hout waiving or atfeding any opt~on, lien, equ~ty, or right under a by vi~tue oi ihis Mo+tgage, and the
f; !I amouM of each and every such paymem shall be lmmediateiy due and payabie and shall bear intereat iram the date thereof until paid a~ the rate o1
~~~:;e per tentum pe~ snnum and together with auch interest shall be seturcd by the lien of th~s mortgage.
To permil, commit w suHer no waste, impairment w deterioration uf said prope~ry or any part thereof.
S. To pay all and ~ingular the costs, charges and expenses, includ~r~g a reawnable a~torney's fee and costs oi abstracts ot title, incur.ed or paid a~
,~y time by said MORTGAGEE, becauso or in the cvent of the (ailurc on fhe part of the said MORTGAGOR to duly, pranpUy and fully pe~(orm, dn.harge. i
r.ecute, ei(ecl, tompkte, comply with and ab:de by each and eve~y the stipu~e~~ons, agreements, conditions, and c:,venants oi se~d pran~sso?y note and th~~
orrgaga any or either, and safd coab, charges and exFeoses, each and every, shall ba immrdiately d~e and payab:e; whether w not there be nohce d~
n:,nd, attempt to toflect w suit pend~ng; and rhe tuil amovnt of each and e~ery s~:h payment shall bea. inrerest irom ihe date theroof uatif psid at the
o! nine per cemum per anuum; and aU seid costs, charges and cxpenses incurrrd o~ pa~d, togrther with such inttrest, shal! be secured by the lien of th~~
~ n pr t9d9Q.
6. That (a) in the event of any breach of this Mortgage or defsult on tt.e part of the MORTGAGOR, or {b) i~ the event any oF sa~d sums of mo~ey
herein referred to be not promptly and fully pa~d wirhin ~h,r~y i3U) deys next af~er ihe same severa!ly become due and payablr, witho~t demand o~ norice,
or (c) in fhe evem eech and erery the stipuianons, s9reements, condi~iau and c~+enanrs of sa:d promis:.~ry n~te a~d Ih~a mortgage any or either are no1
i. promptly and lully pertormed, d;scharged, execvtrd, elfected, complered, co~npi~c~ v.frh a~id ab~ded ~y, then in e~ther or any such event ~he ta~d ag~
y'c•3a!e sum meNwned in said promissory note then temaining unpaid, with interest acuuea:, o: d~~~ m~neys setured hereby, shall betome due and pa~-
ar, r forthw~th, or thereaftcr, at the opt~an of said MORTGAGEE, as fuL'y and comp'etrfy as it all 01 the said sums of money were orgenally st;pwated
ro be pa:d on wch d.:y, any~hing In sa:d prom;ssory note or in th~s 6latga~r ro ~F.e w~~rrary not•r~iihstand~~~g; and thereupon w thereafter at the op~~on ol
sr.d MORTGAGEE, wrthout no~~ce or demanJ, suit at law w in equity, theretore or Ihercalter begun, may be prosecuted as if all money• securrd hereby
r:,d r-~atwrd pnoc ~o us institution_
7. Thar in the event that at the beyinning of or at any time pe~ding any suit u~on Ihis Mortgage, o~ to foreclose it, or to reform it, or to enfo.ce
~.~.~~~e~t of any clain,s hereunder, aa~d MORTGAGtt shall apply to the Cuurf havir~ ~unsd~ction ihereof for the appointment of a Receiver, such Court shail
•'`~w~rh appo,nl a recei„er of said morigayed property all ar,d sing~la., in;!ud ~g a;i ar,d s~nguEar fhe ir.come, profits, issves and revenues from whatever
~ce dcnved each and every oi wi,~ch, i! be~ng expressly undenrood, is he«by rt:crty.iged as ~f speufically set forth and described in the gran~ing and
. endum ciauses hereof, and wch Rece~ver shali hare a!1 the broad and effec!~+e lvnu.o~~s and po+.ers in anywise emrusted by a Cou~t ro a Receiver, and
s.~: appointme~iT sha11 be made by such Ccu~r as an ad:nitted equ~ty and a matter of absoiute right ro said MORTGAGEE, and without reference to the
~deavoty or inadrquaty of fhc value of fha propcrty mortgaged or to ihr s~.,.~~rncy or in.~lventy ol said MdRiGA('iOR p the defendams, and thaf su[h
~,~i, proi~rz, income, issuES and revenuea shail be applied by such Receiver acco:d,~,g to the Gen or equity of said MORTGAGEE and the practice of such
Coort.
8. To duly, promptly and fully periorm, discharge, execute, effecr, cornplete, co:nply w~rh and abide by eath and every the stipulations, agreements,
cc~ d~rions and wvenants ~n sa~d promisswy nme and th~~ mart4age ser tOrth.
9. That in the even! the ownersh~p of the mortgaged prem~ses, or any part thereof, becomes vested in a persan other than the MORTGAGOR, 1he
:.CRiGAGfE, its successors ar.d ass~gns, may, wirhout ooi:ce to the M,O?TG~OR, deat v.hh such successor or successor in iMerest with reterence to this
-~}gage and the drbt hereby seturec! in the same manr.~r as Kith llilortgagor withcu~ in any way vitiating or d~scha~ging the Mortgagor3' (iability F~ertr
•i.~r or upon the debt hereby ssc~red. No sa~e of the prem;:es hereby mo~tgaged and no forbeara~ce on ttie part of ihe NtORTGAGEE or its sutcessors
~ ass~gns and no eArens;on of the time for ~he payn,ent ot rne debt here6y secured gi:en by the MORTGAGEE or its successors or assigns, ahall operate
reiease, d~scharge, modify change or affect the o:~g~nal liau~l~ty o( the MORTGAGOR I~erein, either in whole w in part.
10. It is speutically agreed !hat nme is o{ the esser.ce of this contract and that ~o waiver of any ob!~gation hereunder or of tha obligation se-
c~~•ed hereby shall at any tin~e thereafter be held to be a waiver of the terms hereol or of the instrument secured herby.
! 1. In add t~on ~o ~~~e forego ng mUnthi~ payn-erus of princ paf and ~~~~e~rst ~equ~red by the prom!ssory oore secured hereby, mo:tgagor covenants
~-,d agrees ro pay ro mortgagee v.~th each menrhfy ;;a~rneni an add~!~J~~3I sum ~sr:,~ared by mo~tgagee to be equal to 1; 12 of the annual cost of the follow-
A-AU real properfy ta~crs le•r~ed or assessed ay~;•,st the above described real es!are. ;
6--Fron:~u ns on fire and windstorm insura~.ce as herein requ:red to be can~ed cn the improveme~ts situate on the above de_tribed premises. ~
G-Premivms on such mortcage guaranty icsurar.ce as morrgagee shail fro•r t me to time deem fit fo tarry on the loan secured hereby. "
, hlortgaoee sha~l f.om rime tc n:r.e not~fy mortgagcr ~n wrinng of ~he arnount due and payable he~eunder and such sum shall thereupon be due and q
~ . t,~e on the due.dare of ~he naxt monthiy- payment and each su:cessive monih thereafter ~rnil mongagee sha!1 not~fy mortgagor of a change in such
~~,i!. Such wms sFai! be appiied by mortgagee tcwa:d the payment of real p~operty taxes, insurance prem:ums, and mortgage guaranty insurance
~ :~m5.
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IN 1'JIiNE55 `NHEREOf, the sa~d MORTGAGOR has hereunto set h~s hand and srei the day artd ar rst aforesaid.
Signed, Sealed and delivered in the presence of: . ~L
U t
! ~i! ~i: : ti_ ~:zy~:~~~9 j
~ ~a~~ ST lt;;~+~ "~1 Kf~SL~ t Thomas D. Voss, a single adu~~~~
~ - - E~.~ " :U1T ;,OURT ~ ~
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( ' t5eal)
i ~ ~ E OF FLORIDA 1}~ ~1! ~ ~75 3~QL'L
~ St. Lucie_ ~ v voy
;'v?Y OF 1
~ Before me personally appeared _ ThO~d,S D• VOSS~ a single adult
~ i
- ~iw~~rif~ to me well known and knoa+n to me to be 3
£ _ individual described in and wbo exewted the foregoir.g instrument, and acknowledged before 'me that he executed the same for the purpos•s ~
~ '~.^rein expressed. /1~1~fhlTald =
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' A ril 75
i W17NE55 my hand and offrc~al seal t}us_.~..'.~~/ _ day of___ p A D. 19
~ ~
Notary P~blic in and (or the of florids et Large
' My Commission expires:
Return To:
~:rst fede~al Savings d~ Loan Associatlon ~
Of F~rt P.e~ce. peiw~l /r64r+ ~rM d No~ La?Y~
~ Fori Pierce, Flor~da Mr t~,,;u;en bcpifr ~t. 90. 1776
r 6ood~d by Am~rlc~n Fu~ L Cosvolry Ce.
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~ This Instrument Prepared By RobeYt A. Swisher~ Jr. ~~v, •
: : G S ~z-
' First Federal Savings & loan Association
~ of Fort Piercg Florida -33450 _ ' ~ ? '
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