HomeMy WebLinkAbout2769 S. To plap and contln~aisly ke~p on tM buildinps now w Mr~aftM uwsN on ~aid Isnd a?d on ~!1 pvtpm~m and p~nonallp oov~~d by thla mat¢
~Q~, with ~It pnmivnn fhee~on pa~d 'u+ fvtf, ~in inuxu+u i~+ ~M usual stud+~d polky forny in ~ wm ~pprowd by tM MORTG/1GEE. snd wind~~orm
haw~nct in Na wwi pa~d+rd pol~cy fan?. tn • ~vn? ~pprov~d by rh~ MORTWGEE, M wch c~p+nY a? canp+^iN a th~ MORTCsAGEE may
dinct~ ~eed aH ik~ and wied~rorm inw.anq polkin on My of said bi?iWinp~„ ~np intKat tlwrNn a pat tlwwi, b tM apprpN~ wrn ~faeNld or .,,.y *
M~aara IhNwt. ~Mil contain tM wual ~qndwd monyapN claua o~ wch otiwe claw~ a tM Mor~qpM n?~Y nqe~n, n?~kMip tM 1ow undK ~+~d PoU~
da. ~ad~ wd ~wry. wraW. a wid MORTGAGEE a 7n in~.rH~ m~r MW+~. «+d Md+ and w.ry wd~ poticy aMll b~ ponip~lp qi:~d ~nd deliw~~d ro'~?
~ny h~W by s~id MORIGAGEE ~s fw~Aa s~cwity ~o said nwrtpsp~ d~M, +~d, ~ot I~ss than tM (IW day~ in ~dvana of tM ~apt?Nian of ~+d~ poticy, to dM
IIvM to uid MORTGAGEE a~enewal tF~wf, top~iha with a r.ce~pt fw tM pr~miwn of wd~ r~w~lt ~nd tMn ~Fall b~ oo f'v~ a wind~rwm kwwae~o~ :
plaad on ~ny of said buildlnps. ~ny interat tha~~n w put thereof, unks~ in ~M fwn? aed wi~h th~ bss p~yabN as ~for~Wt and b th~ ~wM ~er wm
of mon~y b~can.~ par.W. w~d.~ ~uch polky or pol~ci.s ud MORTGAGEE sh+ll Mw ~M oprion ro r~uiw u~d apply tM o~ aooo~n~ of tM Ind~b~~ i/~:
rNS~ s~ew~d I~~by a b pNmif said MORiGAGORS ~o naiw a~+d u~ it a ~~y psH th~rwf fo~ ott~ pwpoa~s, wi~lwu~ tMreby waivinp a i?e~p~in e~v
ino anr .qu~h, li~n w ripht und~. w by vktw oi tha mort9aset and in ths ~wnt sud MORTGAGQRS shall fa ~ny tMton fail b ks~p th~ ~aid pnm4a to ~ rr~
in~ur~d. a/ai) 1o d~tiva promptly ~ny of ~aid poliei~s of insur~.?e~ to said MORTGAGEE, a f~il promp~ly b paY fvllY ~ny prtmiven ehK~fvr w in ~~ryr
nspeu tail b pa(orm, dschu~. e:ecui~. ~ff~ct. ca^P~~h, cai+ph wi~h a~d ~bW~ by this cor~nant, a ~ny put h~not. ~+fd MORTGAGEE m~y plaa u~d .
P+Y Ew such tra~xanc~ w ~ny p~rt tM.eof withovt w~ivi~+p o? affectinq +~Y eWion, ~i~n. wuib, w iiplu ~ or by virtut of thi~ Matpap~. a~d ~M
futl amowH of each and ~w.y wch paymant shdl b~ inw+»diat~ly dw ~nd pay~ble u~d sh~ll bear int~r~st irom th~ dd~ therwf uotil p~id ~t tM ah of
nk» pp cw?tw~+ pN annum srx! to~ether with such intaest shali bt setwed by tM li~n of this nwrtyap~.
1. To p~rmit, aommil or sufEK no wub, impairmeM a deterioratan of ~aid proptrty or any pa~t tM~wf.
S. To p+y ~11 ~nd si~puia~ th~ cosq, char~ aod expanses„ includinp ~ rea~o+wble anorew~s fN aod aosb of abitacb of titb, irKw?~d or paid at
any tim~ by s~id MORTGAGEE, b~caw~ or in th~ ~vent of ~h~ failun on th~ put of th~ said JNORTGAGOR 1o duly, promptly ~nd fully p~ria~m„ dixJ~
~xecvt~. ~ff~tt. complet~. compty w~th and ~b~d~ by each ~nd every tFw stip~latans, ayroemenn. conditioro. and oown~nb of s+id pramiuory noh and thii
morty~p~ any or ~irher. ~nd said cosa, cM~ye~ Md ~apeases. each and ~very, ihatl b~"imm~diuely dw ~nd payaW~s wMtI+K a oot tMr~ b~ ~o~ia dr
mand, anemp~ to edkct or suit pend~egt ~nd th~ tvll anwunt of ~ach and wery wch payment ~MII bea. inter~st fron~ th~ daq M»reof vntii p~Id d th~
raN of nin~ pN u~tum pa a~um; and all said costs, cha~pea and ~xpenses incurrd or p+id..topNher with wch inttrpt. ihaU bt s~cw~d br the lia~ of thi~
mortp+0~.
6. ihat in th~ ~vent of any beich of this 1Kortpap~ o~ defavh on tM psrt of the MORTGAGQR, o? (b) in th~ tw~t uiy "of s~id wmi of e~wMy
hasin refe~rad to b~ not promptly and fully paid within th~rty (30) days next ~fter ~h~ sam~ s~vastly b~come dw and p~y~bM. withoW demand or notioe,
e? tn tM ~wnt exh and ~very tiK stip~lations, agreements, cond~t~a+s and cowMnn of s~id praniswry r?oa aod this mwpap~ any a~itlw ~n nw
iuty. proreiptty ~nd fully p~rfw~r+ed. d~uhar9ed, e~ecuted, effected. eompiet~d, compli~d wfth ai?d ~bid~d by. then ln ~itF~ ar any such went H» s+id a¢
pre~st~ wm mentaned in iaid promissory note then remainir?g unpaid. with interest accrued, uw! all n?o~ep aecund har~bY, thall b~tom~ dw and psy~
ebt~ forthwith, ot thereafte~, st fhe oprion of said IYWRTGAGEE, as fully snd compktely as if all of the ~aid wms of ma»y vwn aiy'u?~Ily ~tiputated . ~
to bs paid o~ auch d+y, anything in sa;d pcomissory note or i~ this Mortyage ro ths contr~ry notwithstandinpj and therwpon w th~reaftK at fh~ optan of
iaid IY~RTGAGEE, wirhout no~ic~ o. demand, wit at t~w w in puity, thKefore or the.eafter begun, may be prowcuNd ~ if all mw~tys s~wr~d t~aeby
hsd mafwed pnw f0 iq institution. _
7. That In tM event thst at the beginning of or at ~ny time psndiny ~ny wit ~pon this Mwigp~. o~ fo foredos~ N, w to nfonn B, o? to a+fora
payment of ~ey clauns hereurde?, said MORTGAGEE shall apply ro the Cowt Mvi~y jurisd~ction thcreof for tM appointm~nl o# ~ R~c~iva, wch Co4rt stwll
Fwthwith ~ppoint a rccciwr of said mort9aged propertY all and singular, includ~n~ all and singula~ fM inoon+~, protib, iau~s ~nd t~w~ves from wh~ftJ'at `
sowa dKired, e~th ~nd every of which, ii bein~ exp~essly unders~ood, is hareby mortgaged es it apscifiutfy s~t forth ~nd dewibsd In tF~ Qrantinp ark! j
h+b~ndwn dauses hereof, a+d such Recciver shall Mve sll ~he bro+d and effecrire funct~an snd powera in ~nyw' ~ntrvshd by.~ Caxt to ~ R~ceiwr. and ~
•uch appointmegt shall be msds by such Court as an adm;tted eq~iq and a malter of absolute right ro tald ~TG/IGEE~ and wi11w~A nfer~na~ to th~
adeq~~cy or inadequacy of the wlue oi the properry morrga9ed w to the sWventy w insolvency oi said MORTGAGOR o~ t!r defendants, and tMt svch
ren~s, profits, incane. iswes u+d revenues sAall be applied by such Receiver ~ccudinp to ths lien a puiry of s~id MORTCsAGEE and tM practiu of wch
Cowt.
8. .To duly, pomptly and fully perform, dixharye, execute, eftect, complete, comply with and abide by eath ~nd twry th~ stip~lations, prtemenq,
conditioin and covenants in said promiasory note and this mortgage set fo~th.
9. Thst in the ~wnt tF~s ownership of the mortgsped premises, a_ ~~ryr psrt thereof: becomes vKted in a person other th~n the MORTCaAGOR, th~
MORTGAGEE, ib iucceuon ~~d assgns, may, without ~otice to the MORTGAOR, deal w~th . such succeswr or s~ccessor in interest with r~ferenc~ to this
mort~~ge and the deb~ hereby secwed in ths iame mame~ a~ wi~h Morrgaga wifhout in s~r way -vitiatinp or d'ncharp~ny tM Mwtyagors' Ii~Wlity Mrr
~ndcr a upon the debt hereby secured. No sals of the premius hercby mortyaged and no fwb~srano~_ an th~ pan of tM MORiGAGEE o? iri suaesaon
or assg~s a~d no eaterKion of the rime for the paymen~ of the deb~ hereby secwed given by tM AAORTGAGEE a its wcuswn or assip% slull opera»
ro rekase, d~schary~, modify change or aHect the original liab;lity of the 1NORTGAGOR htreu4 sithar ia wiwl~ ar in put.
10. It is spedfic~lly agreed rhat time is of rhe euence of this conrract and thst ra wsiver ot any obliyation hereunder w of th~ obl'yation te-
cvred hereby shall at any time the~eaff~r be held ro be • w~iver of_the t~rtns hereof or of the ir»trument s~cund At~by.
I1. In add~tio~ to the fwego'rg monthly paym~nts of princ:pa! and imereat required by the promiuwy note secured hereby, mortpagor tovensnb
and agroes to pay to mortgagee with each monthly paymeot an add~rional sum est~mated by matgagee b be equal to 1/12 of the annual cost of the fdlow-
iny: .
A-All real property taxes levied a auessed agai~st the above described resl estate.
B-Premiums on fire and windstwm irou+ance as hercin requ~red to be canied on the improvemenb situafe on the above described premises.
C-Premiums on such mortgage guaranty insurance as mo~tgagce shall from t~me to time deem fit to nrry on the toan secvred hereby.
' Mort9agee sh~ll from time to time nWify mortgagor in writing of the amount due and payable herewnd~r ~nd tuch wrq shsll fhere~pon be dve ~nd
paysbk on the due date of the next monthly payment and each successive month thcreafter ur.til mwtgagee shall notify mort9s9w of ~ in s~xh ~
amount. Such sums shall be applied by mo.tgagee toward the payment of real property taxes, insur~~ce prem:ums, and mafps~e gw irowance ~
premiumi. . - . ~
~ IN WITNESS WHEREOf, the sa~d MORTGAGOR has he~eunto set his hand and ceal tl+e day snd year first ~foressid. ?
~ Sipned, Seakd ~nd delivaed in the p~esente of:
~
~ ~
~ H d Rob ts Jr. ~ ~
4
nic P. Roberts ~ ~
f STATE OF FLORIDA ~ . ~
St. Lucie
courm oF -
e.t„~ ~~„«„uy,~„~d Jav Harold Roberts Jr. ,~,d
Jan1Ce P. Roberts his wife, to me well known and known to me to b~
the individuals dewibed it~ and who executed ths fw instrumsnt, end acknow
e9oi+g {edyed befwe me that they ~xecuted tM sam~ fot tM purpo~a
~a~.d. a~a rne Janice ~P. Roberts
w;fe ,f th. „~a Jay_Harold Roberts Jr.
~ ex~min~t7on by me raken aepara~e and apaA from her safd husband, edcrwwledQed to and before m~ that she execut~d s~id Gatnrman~fnelt y,and volur~
tarily and withovt any computaion, constraint, apprehension, or fear of or lrpn her said iwsband,
WITNESS my hand and official sesl tl?i: ~ d~y ~ ALLgLtSL , A, D. 19 75
~ ~ ~
s Notary Pvblk in and for the Stsc~ Fbrida ~t Lup~
~ My Commiuion expirea: ' O ' ~ ~ `
~ Return To: • •
a
~ Fint Feder~l Ssvings a loan llssociation ~EOIIKy! Gs Rq
€ O! forl P~erce. `~,~{~C~E G~~MIY ;
~ fort Pierce, flwida " QC~GF ?L11fR~: • ~~f~
t~t~r, c! ;cutt cduRT
~ Rf.tr~'~ ~'E~'~'fG
, '1 ~ul~
~ ~ , . . ~ ~ .
Aua ~1 10 ~9 AN'75 ~ • ~
This Instrument Prepared By W~~ E~ Braun -
First Federal Savings b Loan Association w; z_.
~ of Fort Pierce~ Flor ida 33450 i~ ~1! : u'~
~ . rn;~.~'~._. • , .
~ Checked By ~ ~~~~Vl .`'1.~•~r ~ •:~j , ,r..
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Ut11Nlti~
~ Q n ~ ~ 'i~
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r~ry s ~'~~°~1•-
~ Bo~K 24- PACF~ / /1 ' ;
~ :=„r.
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