HomeMy WebLinkAbout2522 S. To p!~ ~nd continuou~ly kHp cw~ ~M buildinpf now or hK~aftN wtv~1~ on said Iwd ~nd on ~il pvlpnwM and p~nona~N cow~~d by ~his mortp~ :
p~, with ~11 prNniwms therton pa~d in t~ll, fir~ insuar+c~ in tM v~u~l aanda~d policy fa~n, in • wm ~pprowd by tM MORTGAGEE, and windttwm
Guw~na in tM uswl uandard pol~cy tw?n, In a sum approv~d by ~M MORTGAGEE. M+ wch company a compan~a w ~M MORTGAGEE n+ay
dinct~ Md ~II fk~ u+d wind~eorm in~wann policis~ on ~ny of aW buiW~nps. ~ny in~aost tlwaln w part thK~ot, h th~ ppray~t~ ~wn ~ia~s+id a
fn ~xce~ tMnoi. sMll contsin th~ uiual ~~anda~d morr~apk clavst w wch ot1+K cla~w a tM AAatpa~s~ maY nqu~n, nwkinp ~M lou ~nd~ ~+~d Pa4 /
ct.s, ..ch and •v..y, pay.bN a said MORTGAGEE a~n i~~Kesr m.y •pp.ar, .nd .ach a+d ~v.ry •uch policy sl+•U b. prow~p~iy .s~~~n.d .nd d~~~v.nd w..
•ny MW by said MORTGAGEE a tur~Mr secu~ity to uid mor~pap~ dtbt, and, ow ku than qn (10I d~ys in +dv+nc~ of tht ~xpkation of ~~ch policy, ro dw ~
liw~ ro s~fd MORTGAGEE a renewal the~eof, tope~ha with a~aceipt fo~ 1M pemium of svch r~ntwalj and ther~ a1w11 b~ no fir~ a windstam inwru?c~ F
pl~pd on ~ny of said buildinp~. ~ny intar~st tha~in or parl thereof. ue+les~ in tln form ~nd wiih ~1w lou payabl~ as sfwaaW~ u~d tn tM ~Y~nt ~r+y wm ~
01 moMr bacon+es payaDl~ ur~ wch policy o~ polici~i said MOR~GAGEE ~MII Mw ~M opY~a+ to ~~caw ~d apply tM s+m~ on aaovn~ oi 1Ae ind~b~e~ ' }
r~ s~cw~d hKeby w w permh siW MQRTGAGORS to reuiw and us~ h w•ny pah tMri61 fa othe~ pwpotss, w~~how ~hK•4r w+iyinp w~mpair- +
Inp any pvity, 1'ron p right w?d~~ w by vi~tw of Ihis morty~y~t ~nd in th~ ~wnt iaid MORTG/1GORS sh+ll fa u~y naan fail fo kNp tM said pra~+iu~ w t~'
Gnu.ed. a(all to deliver promp~ly sny of ~aid polici~a o( insu~axs ro s+id MORTGAGEE. a fsil promptly to pay tulty any pnmium thar~fo~ or In ~ny ~
rttp~tf iai) b pN(wm, diuhu9~. txecvte. ~ffect, complete. comply with and ~bid~ by this oov~nant. w any put hKwf, s~id MORTGAGEE m+y pl~ +~d
paY fw ~uch kuu~anct or ~ny put thawf w~thou~ w~ivirp a affactinq any opnon, Ikn, puity. w riphl u~ or by vi.tw of this Matyap~. ~nd tM
full ~n+ount of ~ach and ev~.y such payment shalt be immediately dw and pay~bl~ ar+d sMll b~a intt~~sf from 1h~ datt th~~~of uMil paid sf tM rah ol
nirn per tent~m ps? annum and ~ogether with such ir+teresf shall be ~ecured by tM lie~ of this mortpape.
To pe~mtt, rom+nit w i~ffe~ no waste, Impiirment a deterioration of said propKry or any part thK~of.
S. To pay al! ~nd sinyular ti~e coats, ch~rpes snd experue~, includinp a reawn~bl~ anwnsy's fN ~nd oosri of abstr~cls of tifl~, 4~tuned or p+fd ~f ~
any time by said MORiGAGEE, b~caus~ w Io tl» event of tM f~ilwe on the p+rt of•tM aid MORTGACsOR w duly, promptly and fully pKfwny di~cM~,
execute, ~tfed, ownplet~, compy with and ~b;de by sach and every the itipularions, ayreemenb, condirions, and aoweann of a.d p.omiasory no» a~+d ~hi~
mwtpaps ~mr w ~i~F?e~. ~nd sa~d coi~s, chary~s and expenses. each snd every. sMll b~ irnrt~ediately dw ~nd pay~bl~t wM~F~ w rwt thtrt b~ notiu dr
mu~d, attempt to coll~ct or wit pend~np; snd tF+s fvlt amouM of each and every such poymem sh~ll b~a intarat fran the dat~ tMr~of until p~fd at IM
rate of nins per ccntum per annum; and all said cost~, charyK ~nd ~xpenut intwr~d or paid, IogethN with such int~r~st, sMll b~ Ncvred by IiN lieo of this
morty~pt.
6. iMt (e) ln the went of sny breach of this Mortya~ or default on the part of the MORTGAGOR, or (b) in tM weM ~ny of ~id twnt of nwn~y
F+erein refened to b~ not promptly a~+d fully paid wi~hin thirty (30) days next aiter the ssrr~ severally becarH due and p~yabb, withoW d~ma~+d a ewtiu,
w(c~ tn the ~vent each ~nd wery ths slipulations, ag~eemsob. cond~ria+s and cown+nn of u~d pranis~wy note ~r~d tha mortpp~ a~y a~ithN m no1
ivly, promprly aod fuily pe.fwm.d, dcscAarged, exscvred, effected, complwted, canplied with and abided by, th~n ln ~itMr w sny wch w~M tM ~aid ~
gre9at~ wm mentior?~d io said promissory note then rcmaining unpaid, with inlersst atuued, and all moneys fet~rd Mr~by, shdl bKOm~ dw and pay~ '
eble forthwitA, or thercafter, a~ the option of said N10RiGAGEE, as _fvlly and completety ~s if all of the said wms of money wers orgir?Nly atipulated
ro be paid on svch day, aoything in sa;d p.om~saory note w in ~his Mortgsye ~o the con~.~ry norwi~hs~andin~; and tMrwpon w thensft~? at the op~ion of
said MORTGAGEE, without notice or demand, suit at law a in equity, thnetwe a thereafter begury may bt proastubd p if ~I) mo~eys s~tw~d Mteby -
had m~ru(ed pr~Or to in instiWtion. , ~
7. That in the event tMt at the beginning of or at sny time peodinp a~y svit upon this MoHpspe, or to fw~close h, o? b rofatn h, w b enforp
peymeot of any clairro he.evnder, sa~d MORTGAGEE ihatl apply to the Coun hsving jurisdK~ion ~hereof fa the ~ppointment of a Rec~iwr, wch Coun sh~ll
fwthwi~h sppoint • roceiver of wid mortgaged proper~y all ~nd singular, includ~ng all •nd singuls? tF~ inoome, profits, iswes u~d ?ertewes from whatever
cwirce de~ived. eacf? and every of whKh, if being expressly undcrs~ood. is hereby mor~gsged at if specifically set forth snd desuibed h the pruitinp and
haber?d~Mn cl~uses herenf, ~nd sucF~ Receiver shalt have all the broed and effective fu~ct~o~s and powers in anywise e~trusted by a Cou?t fo a R~ceiver, ~nd
such ~ppointment shill be made by svch Cowt aa an admitted equity and a matte? of absolute riyht to said MORTGAGEE. ~nd without referenct to tl»
adequacy or insdeq~xy oi the v~lue of thc p~operty mo.tgaged or to the wtrency w~nsolve~cy of said MORiGAGOR o~ ~M defendann, a~d that s~ch
rent~, profits, income, is~ues and revenues shall be applied by wch Receiver acc«ding to tha lien or puity of said N10RTGAGEE and the practite of suth
Co~?A.
S. To duly, promptly and fulfy perform, discharge, execute, effect, complete, comply with and ~bid~ by each and every tM sfipulations, ap~eements,
conditions and covenanrs in sald promisswy note and this mort~sg~ set fath. •
9. lhat in the event t!?e ownership of the morlgayed pramises, or any p~rt thereof, becorees wsted in • person othe~ th~n the MORTGAGOR, ths
MORTGAGEE, its successors snd ~uigns, may, without no?ice to the MORTGAOR, deal wirh such wccessw w successw in interest with referenc~ to this
morlgspe and the debl hersby secvred in the ssme nianner as with Mortgagor withovt in ~ny way vitutirg o? disch~rginp tl+e Mortyagw~' lisbility Iwra
under w upon the deW hereby secuied. No sak_ of the premiua hereby'mortyaged and no fwbearance at th~ psrt of th~ MORTGAGEE a in wccessors
or ass:gns and no exte~s~on of the time fw the payment of the debt hereby secu~ed given by the MORTGAGEE a iri sutcessoa or assip% ~hall operat~
ro release, discharQe, modify chsnge or affect the origina! Uability of the MORTGAGOR herein, tifher in whole or irt psrt.
10. It is specifiutly agreed that time is of the essence of this contrect and that ra waiver of any obligatan herew+der a of t!» obliQatao sr
tured htreby shal! at any time thereafter be held to be e waiver of the ferms hereof or of the insfrwns~t secured herby.
11. In add;tion to the fwego:rx~ monthly payments of prinCpal and interest required by tl~e prom~uory note secured hereby, mo?tyagor toven~nb
and ag~ees to pay fo mortgagee with each monthty payment an additiw~al sum estimated by mortgagee to be equal to 1/12 of the annual tott of the follow-
.
A-Ail real property taxes levied or assessed against the above deuribed real estate.
B-Premiums on fire and windstwm insurance as hereEn requ~red to be carried on the improvsrnerMS situale on ffie above described premises.
C-Premivms on such mongage guaranty insurar,ce as mortgaget shall from t~me to time deem fit to carry on the loan setured hereby.
Mortgagee shall from rime to t~me notify mortgagor in writing of thr amount due and psysbk F~erevede~ and such sum shalt therevpon be due and
payable on the due date of the nezt monthiy payment and eaci~ successive month thcreafter urtil mortgsgee thall notify mortgago~ of a chanfle in wch
amou~t. S+xh sums shall be applied by mortgagee toward the payment o4 real p~operty taxes, insurance premi~ms, and mortgaye yusranty inwrant~
p~emivms_ .
f IN WITNESS WNEREOf, the said MORTGAGOR has he~eumo set his harx! a~d seal the day finf efores~id. ~
f Sipned. $ealed end delivered in the presence of: v~~./LC
; FILED ANG RECOROED
i ST.lUC1E C~U~tY f~A.
~ ~ g~~~r~ ?OISAAS Amy Re ravis, a single ad~~
~ • CLER~ C!RCW~ COURT
~ REC~ _ vt-~~~ED K--~
~ 18 3 i3 PM'7~
~ STATE OF FIORIDA ~~~~2~
~ St . Luc ie ~
cotrNn oF -
6efwe me penonslly-sppeared ~Y Ree Tzavis, a single adult ~
~ • Ms~iie, to me vwll known and known to ms to M
~ the ind~vidual described in and who executed the forc~oing instrument, and ackrawledyed befw~ ~~tiar she.x~a,,ea rt~, same fw ths purposes
therein expressed. ~Iwi N» ~aai~
~ -wift~M».aii 0~1aTSlqfarar~atRl~Ilvi~l~
-e.cr~iw~tio~ ~.mt laic~n.~e~e~q-awi ~M iwwi iar.Nii i~~sLswd ~dcwo~ieJge~ ~o-w~ befs?s w~ N~t-~I~s exaeefe~i wid-i~awv~~wnf-f~s~l~ 7n~velsrr -
~ -t~riiy~~i~riti~o~t~~ry~srwprbisnr~owskairR~-spPrel+ewiiow ieu~efroriieen*e?~s~iw~b~nd.
~ WITNE55 my hand and official seal thi~~ ds of Auaust 5
~ Y . A. D. 19_~
g . .
e ~
~ _ Notary Publit in ~nd (or tM ts of fforid~ at larp~
$ My Commission expires: . ,e ' ~.''L
Retu+n To:
F firat Federd Savingi 3 loan Associat~on
° Of Fott P~erce.
~ Fort Pierce. Florida „i'•'_tj?/
~ ~ = . ~~t~
~i........ ~1i
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~ ~ ~ . -~~n >.s`
~ This Insirument Prepared By Donald B. Hughes r
First Federal Savings 8 Loan Association ~.;•••-~';3 ~
~ ~ Florida 33450 ~ `~'~"'J
of Fort Pierce ~ Q Q' t s)ef~~ •
~ 800K 2~~ PACf r„Jl ~t ~ r 1°~~;= o:
.,~.,~:y:.
Checked By '
~ yr^..~,~~..~~ ;
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