HomeMy WebLinkAbout2530 To plap Md continuously kNp on tht buitdinps i10W W F~NNfiH Nhl~N Of1 HW IMIi~ N1d 011 ~I) fqNipnwnt Md pwsa+ally cov~r~d by thu mat~
pw with all p~~miwm ~hKwn p+~d io iuN, tin inwranc~ in tM u~wl stuidard policy fonn, in a wen app~owd by tM MORTGAGEE. ~~d windstorn~
irrwanc~ in tiw uwal a~dard pol~cy fa~n, in • sum ~pprovsd by ~M MORT(3AGEE, M+ wch canp~+Y or oomP+niN a tM MORTW?GEE n+ay
dinctj ~nd dl tin ~nd wi~barm imwann pdki~~ on soy of said bvlldinqs. +eY InNrw dwain or p~n tMr~of, fn tiN pprpaq ~wn afonfaid a~~,
In ~xaa thK~ol. ~MII eonuin tM uswl u~r+dard mor?9apN elww a wd~ aFw~ elww „ th~ Mortpp» may ~puin. ma?feq tM 1w~ uiwMr wd pot~
d~s. ~ath and ~wry. WY~bI~ a s~id MORTGAGEE a in int~rpr m~y ~»n. ~nd Nch and ~vMY tvch policy shall b~ panptly as~q~i~d a~d d~1ivK~d w,., ,
any MW by s~id MORTGAGEE a~ furthK seturity to ~aiJ mor~p+~ d~W. +nd, not I~s~ tiwn ~~n (101 day~ ln ~dv~nc~ ot tM ~xp~rNion of ~ach policy, to dr
IivN ro~id MORTGAGEE • renewal ~Mreof, fop~~Mr wi~h a r~ce~pt fw tM pr~mium of such r~n~w~tj and ~Mr~ ~M11 b~ no fit~ a wlncb~am i~wr~nu
pbnd on ~ny of iaid buildinys. any ioterKt thK~ie w pat tM~~of, unt~ss Io tM form ~nd wi~b ~M bs~ pay+ble as ~fuaatdi a+d in tM ~w~ ~ny ~un+
of mpKy b~corn~t p~yaWe u~d~r wch polity w polici~a Nid MORTGAGEE shall Mw th~ optan lo r~ulv~ and ~pplp tM wM on +cco~m of tM Md~btd~ •
rwu a~cw.d h.r~b~r or a penei~ ~.d MORiGwGORS ro nceiv ~nd us~ N a any pu~ thsr~o! fo~ other purposes, wi~hoW 1hMtb/ waivinp w imy~au-
Inp ~ny ~quiry, Ikn or riyA1 und~~ o~ by vulw of this mortpap~; ar+d in tM ~vem sa~d MORTGAGORS sh+l~ fa ~ny nason fail a ke~p tF» said praniws w f,/'
insured. or fafl M d~livK promptly ~ny oi said polKtes of towr•~c. ro said MORiGAGEE. a fail promptly to pay fvlly any prM+iwe thsr~for a i~ ~ny ,t.y;.
r~sp~et fall 1o pKfwre~, diichN~, ~aecvt~, ~ffect, complet~, comply with and ~bid~ by this covt++ar?t. a~ny put ha~of, said MORTGAGEE may pl~ ~nd ~
paY fa such towranc~ a any pan ~Mreof without w+ivinp a ~ffectinp uryr option, IiM, pvity. a r'pht undK a by vi~tue oI ~hts Mort9ap~. a+d ths
full ~movot of tach u+d evtry such paymenf shall be immed~~t~y dw and pryabl~ aad sh~l! b~ar intK~st from ~M da~ ther~at until peid tM wq ol '
nir» p~r ca?rvm psr ~nrwm ~nd to9eiher wirh such iruersit ~halt be ~ecvred by tM lien of thi~ morrpap~.
1. To pKmif, oommit w suffar no w~ite, lmpatrmcnt or deterior~tio~ oF said prope~ty a~ny part tha~of.
S. To p~y all and sinpul~ the cost~, charges u~d expenses, ioclvdinp a nawrwbl~ snaew~'s f« «~d oosls d abaNacta of titb, kKwnd a p~id ~t
•ny tlms by ~aid MORTGAGEE. Muuse or in the ewnl of tM f~ilwe on tiw psrt of tM uid AAQRTGAGOR M duly, prornptly ~d (vtFy pKfwn~, dischsry~t
sxecvt~. ~ftect. complet~, comply with and ab~de b~r e~ch uid every tAe itipulatioe~s, ayreamants, condiliora„ and cown~nts of wtd promiisory rah u+d thw :
mortpaps any or eithe~. and ~aid coats. cMrpcs ~nd exFenses, each ~nd every, shall bt immediately dw ~nd pay~bl~r wl+ether w not thN~ b~ notip dr ~
m~nd, attempt to colkct w s~it p~nd~r?9t +nd the full armunt of sach and every such p~yment shslt b~ar internt from IM dat~ tFweof until p~id at the
rate of nine pe~ ceotum per snmim; and all said costf, charges and eapenses incurr~d w paid, top~~hsr with wch int~rpt, ~half b~ sKVt~d bp th~ lia~ oi Mw
'nor~p+pe•
6. TMf (a) in ths event of any breach of thi~ 1Nort9ap~ o~ default on tM paA of ths~ MORTGAGOR, or (b) in the ~wnt aey of Hid s~n?t of rtwn~r
F+erein refmred to ba not promptly and fully paid wirhin thirty (30) days next after the same t~verally becan~ dw ~nd payablt, withoW d~mand p notic~,
w(t) in ~M ~vent tath and ~very tM stipulations, agreements, tonditions and covenant~ of said promissory not~ and fhis morlpaq~ a~y a eithN ~n nol
~uly. prompNy ~d fully perfamsd. dixha.ged, execvted, effeded, eompltt~ed, compliad wi~h ~nd abided ry. thee in eifMr w.u~y such wem ItN said p~
yrayaM wm rna+tiu?et! in said promissory note then remaining vnpaid, with inte~est acuued, and all rnoneys securtd hu~by, sFwll becomt dw ~nd pay-
abk forthwith, O/ tF1ltNffK. at ~he opNon of said MORTGAGEE, u fufly ar,d compls~ety ai if ~II of rhe said sums of mon~y wen orqinNly ~tlpulated
ro ba paid on svch day, a~ythinp in sa+d p~omiuory rata w in this Mortya9e ro tM contrary notwifhstandinp; and ~hawpon qr thsr~afi~r al tM option of
Nid MORTGAGEE, without notice a demand, wit ~t law or in eqvity, thereforo ot thercaftar be~un, may be prw~cvt~d as ff dl montys s~cvr~d her~by
Md matvred prior to its institufion. "
7. That in ths event tMt at the beginning of w at any Iwne padinp any wit opon Ihis Mortgs9e, w to fpeclos~ it, or to ?tfwm N, w to ~nforp
psym~nt of any d~ims hereunder, said MORTGAGEE sMl! ~pply to the Cwrt Mving jurisdictan ~herwf fw tM ~ppointment of ~ Recelwr, sud+ Cax1 shall
forlhwith appoiM a receiver of said mwtgaged property all snd sinpular, includ~ng all and sirgulsr ~I+~ i~oon~, pofi», issuM ~nd nv~nues t~om wh+teve~
source derived, each and every of which, it btin~ exptessly understood, is hereby mortgaged as if sp~tifiully ~et fo?th and desuibad in tM 9t~ntinp ~nd
habu~dum cla~ses hereof, ~nd iucl~ Raceiver shall have atl the broad and effecrive funct~ons and powen in anywis~ entrwted by ~ Court to a Receiv~r, and ~
•uch appointment ihalt be made by wch Court as an admined equity and a m+tter of absolute right to said MORTGAGEE, and withow nfersnce to 1!w
sdequacy a inadeqwcy of the wlw of• tbe property mortgaged or to the solvency or insotvency of aaid MORTGAGOR o~ tM def~ntlanta, snd thaf such
rents, profin, incorns, iswes and revcnues shatl be applied by s~d? Receiver accwd~ng to the lien or eq~iry ot said MORTGAGEE and the pr~ctiu of such ~
Court.
8_ To duly, promptly and fully perfwm, d~scharge, execvte, effett, complete, comply with and abid~ by eacl~ N+d ewry fh~ stipulafions, ayreert~ents, ,
conditions and covenanrs in said promiuory note and ihis mortgags fst fwth.
9. That in the event ths ownenhip of the mortga~ed premises, a a~y parf thereoF, beoonxs vested in a person othw than the MORTGAGOR, th~
MORTGAGEE, its wcceuors ~nd usigns, may, withouf norice to the MORTGAOR, deal with such wcceuor w wccessor in inttrett with reference to fha
mortgage and the debt he~eby setured in the same manner ~s with Mortgagw without in ~ny way vitiatirg w discMrpinp the Mort9agon' 1'ubiliry h~ra
~nda or upon the debr hereby sec~red. No sale of the Fremeses hereby matpaged snd no fwbearanoa on tM pan of tM 1NORTGAGEE a ib successors
w assig~s and no exte~sion of the time fa the paymem'of the debt hereby secured yiven by the MORTGAGEE u ib sucusson or usig~s, ahall operat~
ro reiease, d~sch~rye, modify chsnge or affect the orgioal I~ability of ~he MORTGAGOR herein, either in wlwb w M part.
t0. It is spec;fically agreed tha~ time is of the esxnce of this contract and thal no waiver of any oblipstan hereun~kr a of th~ obliyaYan se-
tured hereby sMll at any time thereafter be held to be s waiver of the terms hereof or of the instr~ment setured herby.
11. In addetion to the fwego:ng mwuhly payments o~ princ"pal •nd interest ~equired by ihe promissory nole sxured hereby, morigagor cover~snfs
and ag~ees to pay to mortgagee w~th each momhly payment an addiiiwul sum estimsted by mortgsgee to be egwl b 1/lY of the annual cost of ths foilow-
~ng:
A-All real prope?ty taxes lavied or assessed agai~st the above deuribed real estate.
B-Premiums on fire snd windstorm insurance as he~ein requ~red fo be tsrried on the improvemenri situate on the above dewibed premiies.
G-Prcmivms ort such mortgage guarsnty inswa..ce as mortgagee shall from time to time deem fit to tsrry on the loao secured hereby.
1Nortgagee shall from time to tirtee notify mortgagcr i~ writing of the amount due and paysble hereunder and suth wm shall tlxroupon be due and
payable on the due date of the neat monthly payment and each successive month the.eafte~ until mortyagee shall notify mortpsgor of s charge in svch
amount. Such sums shall be applied by mwtgagee toward the payment of real property faxes, imurance prem:vms, snd mortgaye g~sranty iesurance
premiums. _
IN WITNE55 WHEREOF, the said MORTGAGOR has hereunto sef bis har+d and aeal the day snd yea~ Mf ~foresaid.
; Seabd and delivered i~ tht prese _
` FtLED AMQ REGG4~D ~
ST.IUC~E COUNTY l#. e~a o gnan, a san e a
~ RCGEF. ?Oija~?~ re..q
~ i,lEr~.K C~l:cU~T COURT
RffnFc vrR:r;EO
re..~
p STATE OF FLO I~A ~j i S
~ courm oF St . Lucie ~ ~ .
sefwe me personally appeared Thelma Nodgman, a single adult ~
---------------------iw-v~idsrto m~ well known snd known to ms to b~
~ the individwl described in and who e:ecuted the forepoin~ instrumant, and acknowledpsd b~fa~ me thst She exawted the ssrn~ for th~ purpos~s
therein expreued. I~l1ia~S~d~__
~ wilaaf_th~-s~id rpo~ a ~p~rsf? ~~siwN
rxe~ni~M4en-Isp-+ne-~sleeirsepara~e-and~eparel-feani~erasidi~osband;
RlaioMledped-~vand-befors-m~-lFwtshs~ueevtsdiaf~l~+slromantftael~~sn~eoh~er
~ earily. and_vwthaut aay.eoa~p~r4iw~. sa+uwiwt~ appsehswaiow~w~was ~f-~r-f~wwi~r~i~ ~waMwd. -
WITNE55 my hand s~d official sral this dsy of Au u5t ~ p 19 75
~
s
z Not~ry Publ' in iw tM Statt of Florida ~t Larp~
My Comm' an xpires:
~ Return To: ^
~ first Feder~l Savings 3 losn Association Ncbry pu~ ic, State of Floride et la*go
~ Of Fort Pierce. hty ~cw:ru:ioa :s.:::cs d~jy _2. 14:T
Fort Pierce. Flaida 8orr'.R.d Lr i+.:~.r.C771 ~ ra $ Co:.~Jj Co.
.,uu.•.~r~::r, :e.
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~ f ~j':..._,,'.o~%'`",
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~ This Instrument Prepared By Gary F. Ellwood J~':'~~
~ First Federal Savings ~ loan Association c r~ ~ j s~
~ of Fo~t Pierce, Florida C~i' :-s r"~~-
_ ~ r ti ~i ; G7~ • .r
~ Checked By ~ 800K~~ r' ° 'i .c -
. ~::y,
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