HomeMy WebLinkAbout2595 3. To ptac~ ~nd continuovsty kNp on th~ bui!din~ iw~w a lwr~aha ~itvat~ oe said land aid on ~11 pvipm~~ ~nd pKtondN oovK~d bll ~^~~Y'
ap~, with dl p~mi~ms tMreon paid 1n full, fin i~sur~nu in ~M uiwl i~~ndud policy form, In s~wn apprmr~d b~l tl+~ MWTGAGEE. ~~d ww+dstorm
Iiaw~nn in th~ vswl uu+dard po~~cy fo~m. 1n a~um +pprov~d by ~he MORiGAGEE, in tuch c+omP~ny a~nM~~a a N» MORTGA(iEE mar
dinut Md ill fit~ and wind~ro.en ioswanc~ pclici~s on w+Y of a+id build'w~„ ~ny In1Ny1 tha+in a ~wt th~rwf. M th~ p4rp~tt wn? doreNid a
in ucaa tharwf. ~MII oont~h tM uwal it~ndard moreypN ciw~ w wch wMr clww a tM Mo.tp+pM m~Y rw~?~ ~++~^Y
cia. ~ach and wKy. Wyabl~ a s~~d MORTGAGEE a~ ~ta intKnt msy ~pp~ar. and ~acA and ~wry wch polkr shai) b~ P?omMh? as~9^~d and d~liwnd w :`r7
anr Mld by uid MORiGAGEE rs fwrM. s~cv+ity ~o said mor~9ap~ d~bt. ~++d. nol bss tha~ tM l10) d+ri M+ adv++~u of th~ ~xpkaYan of ~~ch policy. to d? e f~
liw~ ro iaid MORTGAGEE • reewwal tMrwf, top~tMr with a receipt for fM pr~miwn of wd~ ~aww~l~ u~d ?Mn sf~+it b~ no fin ot w1~s~am inwrua~
plapd on ~?y of aid build7np+. any iotK~~ tMr~ie w p+r1 tMnof, unltas in tM iorin and witb th~ loss payabb st ~fw~id~ Md Mt tM ~wn1 a+~y ~wn
of rt~on~y bcan~s p~yabl~ un~M? such poiky a policl„ aid MORiGAGEE ~hall Mw tM option w nuiw u~d apply t!w ~artr on aaount of tM kd~bqd- ~
naa ~acw~d ha~by a a permif wid MORTGIIGORS ro naiw and u~ it a+ny part tMr~of foa o~her pwpw~a, without tMr~by waivirq a impai~- { r
hg +~Y p~+~tY. lien or ripAl vnde~ or bp vGtu~ of Ihit mottp~y~j N~d in tIN ~wnt s+~d MORTGAGORS ~tl fa any ~wwn faN w kNp tM uid pranis~s so
tnwred, a fap w d~livp promp~ly any of said. polie»s. of inswu?a to ~aid MORTGAGEE, a f~fl prompNy to p~y fvlly any prae?iun+ tha~for or in anr ~
n~pect t~il w pMiae~, dixMrpe. ~aec~+te. ~H~ct. eomplef~, oomply with ~nd abid~ by ~hb eov~nant, a any pan Iwrwf, wid MOR~GAGEE enay piaq ~nd 4;
paY fw s~ch Irowancs w~ny part th~.eof without w+ivi~p a. ~ffatinp ~ny optian, li~n, pvitp. w?~pM unda a by virtw of this Matysp~, u~d tM
full amowu of ~+d~ ~nd ~wry s~ch paymem.shall bs in~idialRly dw .nd Pay+br. «+d ~I++u bs+r u+t.r.u fro.~ ~M d.n ~hu.of un~il p+W n th~ ~an of "
nine p~r tentum per u+ewm and topether witd wch inta~e~t thal{ be sacured by tM li~n of this mortp+p~. .
1. To p~~mN, aommit or iuf(e+ no wuts, impai~mee?t w deterioration oF s~id propKty w+ey p~rt thKeof•
5. To p~y all ~nd tinpular tM cwt~. chup~s +^d axpsnK~, includinp a~sasoMbl~ anan~y'~ h~ u~d cosb of ~batratts of ti?I~. M~arnd w paid ~t
~ny time by said MORTGAGEE. bacws~ w tn th~ ~w++t of th~ failws on tM pan of tM wid MORTGAGOR b duly. piompNy ~nd fuW pafom~. d~schuq~,
~xecv% eifect. compkt~, oanply w~th and abtde by ~at1+ ~nd every th~ stip~t~tia?s, ~preements, tonditioiu, ~nd cor~nts of s~id p~omi~wry nWt and thw
mon~apt ~ny or eitlx~. and }aid cosq, chupea and expenses. each and evsry, sha11 immeds~t~y dw and payably whe~Mr a not tMrt b~ eat~a dr
mand,- anemp~ to collsct w wit pendlrg; and ~M full amoum of ,e~d~ ~nd e~ery such paymem aMll bsar inremt fran th~ d+N tM~~of vntil paW ~t the
s.•!F of oine p~r centwn pK amum; and all said oosn, chuges ~nd expenses incurred ar p+id, top~the~ with wch iroeral. shall b~ ~~cw~d by tM Iwn oi tha
matpsy!•
b. ThN (a)~Tn tM wa+t of any breach of this Mortya~t a default oe~ th~ part of tM MORTGAGOR, w(b) in tM ~wn1 un? of ~aid wms of moMy
F,erein nfa~~~d to be not promp~ly ~~d fvtly paid wi~hin thirty (30) days nex~ ~fter ~he sarn~ sevar~tly b~can~ dw ~nd paYsble, wlthow dMn~nd or noriu.
w(~ In th~ ~vwn ~~ch and wery th~ ftipvla~iora„ ~grsemenn, conditions and covMw+n of sa~d pranisfwy not~ and M+s mortpap~ any a Nt1+N an na
iufy. promptly and fully p~.famad. d~sch+r~ed. ~xecut~d, ~ftectcd, compkt~d, compl~ed with and abided tiy, tMn in ~itMr a ~ny aud~ w+M th~ said +Q~
pre9at~ wm m~ntio+wd in s~id promiswry eots then remaininy unpaid. with intarest xuuad. and ail moneys s~tvrd Mreby. shsl! beoona dw and pay-
~bl~ forthwitty w therwhar, st the op~ion of said MORiGAGEE, ss fully ard compl~tely u if ~II of the uid wms of mon~y vwn or'q'~Ily stiEwt~ted
to be p,id on sud+ day, anything in sa;d p?omissory noro « in this Mo~tyage to the contrary notwitMt~nd'u~pt and th~rwpon a thtrtahK at tM op~ion of
said MORTGA(3EE, witho~?t notic~ or dem~nd, wit at law a in puity. ther~fore or thereaftar beyun„ may be pros~tvhd a if ~11 ~ys s~cw~d Mt~by -
hM~ rtMhN~ ~~Of to iq IMiitYtipl. . . .
7. Th.r in the eveM d»r at the beginn~ng of w•t any tims pendiny ~ny wit upon this Mon~ap~, o. w fondos~ it. or fo nfwm h. a to ~ntwa
payment of a~y cbims herovnder, said MORTGAGEE slwll apply to the Cou~t Mvin9 jurisd~ction thereof for ths appolnlmeM of ~ R~iva, wch Court sh~ll
Fathwith ~ppoint a receiver of said mortyayed property all and s7ngvl~r, includu+g +tl and airgubr 1M i~corr~, ptofifa, iswes.ar+d t~wowa frpn wMt~vN
souroe derived, each and every of whKh, it bei~ expr~sly unders~ood, is I+Keby mor~qaged u if sp~cifiu~ly set forih ~ed dacrib~d in th~ pr~nrinp ~nd
habeodum clauses hereof, and iuch Receiver shall have all the broad and effect7ve (unctro~s and powen fn ~~ywisa entrwted by a Cowt to a R~ceivv, and .
~uch appointment shsil be made by svch Cou?t u an sdmined equity and a mstte? of ~bsolut~ riqht ro sald MORTGAGEE„ and without nfe?enea ro tM
adequscy or inadequacy of the value oi the property mortgayed or ~o the wnr~ncy or insolvency of said MORTGAGOR o~ rhe d.f.ndann, ~nd that such
rents, profits, irKane, iuues ~nd revenvas sMall be applied by such Receiver accordu~ to the lien or puiry of said MORTGAGEE and tl+~ practia of such
Coutt. • '
8. To duly, P~ry s~d t~~y ~fw~.a discharge, ~x~cvte, eff~cr,' complete, comply wit6 ~nd ~bid~ by tach ~nd wery Hw stipulatans, apreemenb,
cond'Aions ~nd covenants in said promissory note and this mortgsys set forih.
9. That in the event tha ownership bf the mort9aped premises, w any put the~sof, becomes wsMd In ~ p~rson othu tha~ tl+~ MORTGAGOR, th~
MOitTGAGEE, in wcceuas ard auig~u, may, withovt notice to the MORTGAOR, desl with such succeuor w wccesto. i~ interest with reference to this
mort9ape and the debt Ixrcby secvred in the same ma~ner as wiih Mwtgagw withoW tn any way vitiaHnp w d'+stharpirg fM Mortyapors' Il~biliry hert
under w upon the deW hereby sxu~ad No ssle of ~he _premises hereby morqaged ~nd no forbsusnu or? tM put of tM MORTGAGEE w iss wooe:sors
a auigru and no extension of the time for the payment of the debt hereby secured yiven by the MORiGAGEE or its succtafors or astipra, aMll opsrat~
ro rslease, d~xharpe, modify change or affect the•o+ig~nal liabiiity of the MORTGAGOR herei~, ~itha in whole o? ie~ put.
10. It h spec~ficalty agreed that time a of the essence of this contrsct ~nd that no waiver of any obli~stion Mr~under o~ of th~ obli~tion sr
cured Mreby shall at any time thereafter be held to be • waiver of the terms Aereof a of the instrwnent sec~r~d hsrby. .
11. In add~tion to the forego:ng monthlY paYmems of princ'pal and interest required by the promissory nole secured hereby, mortpsgw covenants
and agr~es to pay to mortgaQee with esch monthly payment an add~tion~l sum est~mated by morgsge~ ro b equsl to 1/12 of th~ sonual tost of the fdlow-
ing:
A-AU real p~operty taxes kv~ed w assessed against the above described real , estate.
B-Premiums on fire and wirtdstorm insurar.ce as her0i~ requ~red to be carried on tFx imptovements sitwte on the above described pranises.
C-Prerniums on such mortgage guaranty insurar.ce ss mongagee shall fram time to time deem fit to tarry on tM ban securad hereby. -
Mortgagee shall from time to time notify mortgagor in writing of the amount due and payable herwnder and such sum sMll thereupon be d~re and
payable on the due date of the next monthly payment and each successive month thereafter until matgsye~ shall notify mortga9or of a cMnge in wch
~ amoum. Such sums shall be applied by mortgagee toward the payment of real property taxes, iruuraoce prem:vms, and mortgspa ~wranty irawance
~ premivms. , -
~ IN WITNE55 WHEREOF, the said MORTGAGOR has F~eu 1 ihe day and year finf aforesaid.
Sipned. Sealsd and delivered in the presence of: ~~C~~~ •
( ST.IUCiE COUR Y ~ +
0 IiGuf: r81TRAS 4
! CLER~i ~t,;utT COURT t lliaa H. C k p
IiEC~+ii! VE':IfiED
0
~ t 9 ~ I 3o AM'75 ~
STATE OF F I .
courvnr oF St . Lucie f~ - ;
B~fore me personatly appeared Mlillid~ H. CrOOks -
Joyce H. Crooks w~{., ~ R„ r„~n know~, ,nd k,awe, 1o n,,. ro b.
the individwb dearibed i~ and who executed the foreyoinp instrvment, and ~cknowledQed befor~ me that tMy ~xewted tla s+ma fw tht purpos~s
therein expressed. And the wid Joyce H. Crooks
wife of the said - Wi1113a H. Crooks upon • sep~ra» snd ptivaN
examin~tion by me taken sepsrate and apart from Mr said husband, atknowledged to and before me ttNt she exawted said instrumsnt ftsely ~rd volvir
rsrily and without any computian, consrraim, appre ion, o? fesr of or from her ~aid husband.
~ WITNESS my h~nd and officiel seal this day of Au uSt r, p, 19 7S
. _
T,;
~ Nasry Public in a+d or the h of ida at l~rps .
~ ~ • My Commiasion e~cpires: AC
~ Retum Ta. ' 9~IV
~ First federal Savingf 3 Loan /lssotiation '
Of Fort Pierce. ;''fifr~;(~~
r'1':, ~1~,
fort Pierce. Fbrids , J ,
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This Instrument Prepared By Donald B. Hughes ' ~v>~~c •"e
~ First Fecleral Savings b loan Association 'x t,~:.'
of Fort Pierce Rlorida 33450 US L~ C~' ~
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Checked By ~ ~LORIDA~;,.,~~
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$o~K ~4~ ~A~~259? . . : , . _ . : r .
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