HomeMy WebLinkAbout0264 To plau and comiewo~~ly IcHp on flr buitdings now a Mr~aftN Wtu+t~ on ~aid land ~nd on ~11 pulpm~nt ~nd pasoe?~Ily cov~nd by this inat~
p~, with dl p~mium~ ti+c~wn pa~d ir lull. fk~ insuraec~ ie d» ~ival ~taodard policy fo~m, tn s we+ approwd by tM MORTCsAGEE, ~nd wind~rorm
Mqwa~ In tM wwl sq»dud pol~cy (wm, ie ~ svm ~pprovd by ~M MORTGAGEE. In wch comp~ny a compania a th~ MOR?GAGEE m+y ?
dintb and dl fin w+d windsw~m Inwr~na polic~s on any of s~id buildinps„ ~ny iM~~qt IhMtin or parl thN~of, in th~ pprepat~ swn ~(or~id a ;
In ~xaa ~h~rwf, sMll conuin ~M v~wl standud mortpapN claus~ w ~uch othM clauw p tM MatpapN may nqvin, m+l?M~p tM Iw+ und~r Nid PdF l
ci~s. ~ach and wery. paYaW~ ro tatd MORTGAGEE as in in~e~tst may ~ppear. ~nd ~ach a~d ~wry such policy shall b~ pramptly ~as:yMd +nd d~ltver~d ro~'4
•ny MW by ~aid MORiGAGEE fu~~M~ ~~tvrity to aid matpa~t d~bt, and. ~+o~ bas tMn t~n l10) d~ys k? ~dvanc~ of tM ~xpfr~tioe of e+ch policy. w d~- r~;~
livM to wid N10RTGAGEE a rsrnwal ti+~rsof, top~tl+K with a ree~ipt for tM pnmium of weh ren~w+It u~d tMn ~MII bt no fk~ or wlndstam le?~wana
pl~ad on aey of said buildinps, any interest therein or part ~he.wf, ~nkss in tM fam ~nd wi~h tM loa pay~bl~ a afaaaidi and in tM ~vsnt ~ny wm
of ma,~y becan~s pay~bl~ w~ tuch polky or policie. said MORIGAGEE ahall Mw th~ optiw? ro ~~ceiv~ and ~pplr tM s+m~ on account of tM Ir~bt~
n~ss ucur~d I~eby w w patr?it s~id MORTGAGORS to reo~iv~ uid v~ N w~~y put tMrwf for wher pwposew withovt tl+K~b~ w~ivinp a imp+k- '
iep ~Y puity, li~n a ripht unda~ or by vi?tw of ~his mortyaper and in ~M ~wnt s~id MORTGAGORS ~h+ll fa any nason fail to kNp ~hs wid pnmif~s w
k?swedy a bll w~liva promptly a~y of aid policies of inwra~u ro said MORiGAGEE, a f~il promptly b pay iutly ~ny pnmiwn t!?~nfor a in any
r~sp~ct f~il b pKiam, distMry~, ex~cu~s, ~ffea, comptere, comply wi~h and abid~ by Nws cow~+ru. O~ ~ny p~rt FN~~Of, wid MORtGAGEE e?+y plso~ and ,s~~?
p~Y iw wd~ kiwranu or ~ny pan tFweof without waivinp w af(actinp any option, lien, puity, a ripht undN a by virtw o( ~hts Mort~. and the
full ~mouot of each and ewry wch parmem sMll be immed'wtely dw aod p+yabl~ ~nd iF?~II bear inhtqt from 1M dat~ tMnof ut?tll paW at tM r~b ol '
nin~ pK centum pa annum and toqe~he~ with such intaest.shail b~ iecured by tM li~n of tlw ewrtpap~.
To permit, cort~mh or suffer no waste, impairmaot w deterioratiai of said propaty o? any put tMnof.
S. To pay all ~nd Nnpul~r th~ costs, ch+rges and exp~roe~, i~cludin~ a?esaon~bls atto~ney
s fes snd ow» of absn~cb of Htl~. incwnd o~ p+id at
sny time by uid MORTGAGEE, bacsus~ a in rhe •wnr of ihs failwe on ~he paM of ~h. s.kl MORTGAGOR ro dvly, p?omptly and fvlly pNforen, disd~uqR
execvt~, effM, compl~r~, compty wi~h and ab~de by ~ad+ ~nd ewry ths stip~rlations, ~p~eements, caxlitian„ ~ed oowmnt~ of s~id p?omiuory not~ aed this
mon9ap~ ~ny or ei~ha. ~nd satd cosn, cbupN arx! ~xpsnses. esch and every, sh~ll b~ immediat~ly dw and pay~bl~t wMtMr a no1 tMr~ b~ naic~ dr
mand, att~mp~ ~o colkct or wit psndinps and tM fvll anaunt of exh end every such paym~nt sh+ll bear inter~t from th~ dat~ tFnreof ~ntil p~id at the
rate of oine per tenhxn per arozwn: and all said costt. char9ea ~~+d expeoses incwr~d w paid. topetMr wi~h wch inf~nst. ~11 b~ s~au~d b~r tM liee of thb
6. TMt W in the evem of aey br~sch of this Morty+y~ w de4vlt on tM part of tM lNOitTGAGOR, a(b) in th~ ~wet any of w~ tu.m of nan~y
her~in rofNred to bs not pranptly and iulfy paid wi~hin thirty (30) days nexf after tM same sevewlly become dw and pay~W~, wilhow d~ma~ o? notice,
• w W in tM event each ~nd every th~ stipulations, +greemN?n, conditions snd coven+nts of sa~d pranisw~y eot~ and th~s map+qe• a~y a~itlw ut nw
~uly, promptly u+d fully pe~formed, d~scharped, execu~ed, eff~cted, compl~ted, compli~d with a~d ~bided tiy, thsn in ~ithK w aMr wch weM tIN said ap
preyaN wm mentioned in taid promissory note then remaining uopaid, with interest stuued, ~nd atl moneys sKw~d Mteby, slrll bKwn~ dw and p~y~
+bb fathwith, a thereafter, at the op+ion of said MORTGAGEE, as fvlly and canpktely ~s if ~11 of rhe said wms of narny were aipindly stipulated
to b~ paid on wch dsy. a~ythiny in said promissory note or in this Mwtyye to the contrary r?otwitie~tsndinp; ~nd tMrr~upon or tl~~aher at th~ op~ion of
+aid MORTGAGEE, withou! ~+otice or demand, wit d law w in puity, the~efw~ o~ thereafter beyvn, m~y b~ pros~cuted as If ~II money~ s~cur~d hettby
had maf~ted prior fo its institutiw~.
7. TMt in tht eve~t Ihat at the beginni~g of or at any tims per~d'irg u?y wit vpon this Mwtgay~, or to fonclos~ k, w to ?~fo~m h, w to tnfora~
payment of u~y daims herew~der, said MORTGAGEE sMll app~y to the Co~r~ I,aving jvr~~d~c+~on ~hereot fw fhe appoinamnf d• R~ceiwr, wch Caxl sh~ll
forthwith sppoint • receiwr of said mortgaged propeny all and sinpvlu, includ,rg all and singulu the incom~, profits, iaws and nwnws from wMNwr
souru d~rived, each and evcry of wh~ch, it being expressly u~dentood, is i+ercby mo~t9aged as if specificelly sef forth and datrib~d in th~ prantinp and
habendum d~uses hereof, u~d such Recsiver shall have all the brosd and effective functwns ~nd powtrs in anywis~ ~nhvtt~d by ~ Covrf fo a ReuFvsr, and
wch ~ppointment fhall be made by wch Cowt as ~n admitted equity ~nd a m+tter oi absolute ri9ht to said MORTC3AGEE. ~nd without refererrce to th~
sdequxy or in~dequacy oi th~ wtue of the property ma~~aged w to the wlvency or insolvency of said MORTGAGbR a~ tM def~nn, and that wch
rems, profib, incane, iuues and revcnues shall be applied by such Receirer accord~ng to the lien or equ'rty of s~id MORTGAGEE and the practice of such
CovA. ~
8. To dvly, prompNy and fvtly perfwm, d'ncMrge, execute, effect, co~r~kte, comply with and ~bids by ~ad~ snd tvery th~ stipulations, ayreeme~q,
cw+ditions ~nti covenants in said pramissory note a~ tI?ii 1t10ff~Q Yt fptFl.
9. TF»t in the event the owrurship of the mortgaged premises, a any psrt therwf, becanes vested in a pKwn otM~ th~n th~ JNORTGAGOR, tM
MORTGAGEE, in successors snd assigns, may, wifhouf notice to the MORTGAOR, deal with such successor or wcceuor in inferast with ref~reoce fo this
matysge and the debt hereby secured in the same manner as wi~h Mo?tgagw v~rithout in any way vitiatirg a discFur9ing tM Mortyaywa' liabitity herr
under w upon the debt he~eby secured. No sale of the premises hcreby mortg+9ed and no forbeawno~ on tl+~ pHt of the MORTGAGEE w ib suocessws
or auigm and no eztension of the time for the payment of the debt hereby secured yiven by eM N~ORTGAGEE or its wcpssots w~ssiyra, ahal) op~rat~
to rekase, d~xMrye, modify cMnge or affect the original liabiGty of the MORTGAGOR herein, either ln whole w in part.
10. tt is specifically agreed that time is of the essence of lhis conlrac~ ~nd thst no wsiwr of ~ny oblip~tion herevnder or of th~ obliy~tioe sa `
cured hsreby shall at a~y time thereafter be held to be a waiver of the terms Ixreof w of the imtrvment securad Mrby.
11. In add~tion to the for o: monthl ments of rinc' al and inte?est r uired b the romi nole secvred hereb , mort coven~nb k
e9 ^9 Y PaY P P ~Q Y P ~~Y Y 9~~
and agrees to p~y to mortgagee with each monthly payrnent an add~~ional sum est~maied by mwtps9ee to be equal ro l/12 of the armwl cost of the follow-
ing:
A-All real property taxes levied or assessed against the above deuribed resl estate.
R_D~e.n ~.n f:~ a~vi u.irsaafr.rin ine.u~..re I.erein ~~vu~:~r1 M 1r rarri~rl rv~ Ilu i~wivnw~nwnft tifwt~ df flr ahew~ t~vrilwe~ or~i~ea. '
C-Premivms on such mwtgage guaranry ins~rance as mortgagee shall from time to time deem fit to carty on the bsn secured hereby.
Mortgagee shall from time to time notify mortgagos in writing of the sma~nt due and payabk hereunder and such wm sh~ll thereupon be due snd
payable on the due date of the next monthly payment and exh succeuive month theresftK until mortgagee shall ratify mo?tg~gor of a charpe in wch
~I amount. Such svms shall be applied by mortgagee toward the payment of real property taxes, irisurance premiums, and mortysys ~wranty irowanc~
premiwns.
~ IN WITNESS WHEREOF, the u7d MORTGAGOR hss hereuMO sef his hand snd seal the day and yaar first ~fwesaid.
Si9oed. Seakd and delivered in the prqef~ce of: fILE~ w1tL+ 41~C`J~l1~0 ~~p~
~ / - ~WlTr f~~- 0
E :T. ~1W' ~ ~ r e r ic ee
fc?+G~- t~e7~?S a4
O C~EF ti C. ~'~~T C~lIf1T ~
Rr ~ ~yc " ~ a
~ ~N'? 5 - ~ ~
STATE OF FLORID ~ 1.~ 31
~ St . Luc ie ~ -
Befp~ me pe~,«„t~y ,ppe„ed F re dg r ic k H. See
Gavle A_ See his wife, to me wsll known and known to eew to b~
the (~dividwb described in and who executed ths fore~ang instrvment, and acknowledyed befw~ me that tlky ~x~wted the ssme for tht p~rpoas
rhe,~in acpreued, A„d th, s,;d Gayle A. See
w;fe of ,h, „~a Frederick H. See ~
vpon a sep~rar~ sod privar~
examinatwn by me tsken atparate a~d apert from her said husband, adcrawledged to and befw~ m~ tHat she exearted said instrument freely and volwr
tarily and without any. compuban, constraint, apprehe~sion, or fear of or from her said husband.
WITNESS my hand and official seal this 12t~1 dsy of AU USt ~ p. 19 7S
!
, Not~ry Public ' or ihe Stste of Fbrida af l~rye
My Comrniu' ~ as:
Retum To: No+ory Fu'.'~-. 'ro~- of t,r~~
~ Fint fedenl Savings 3 Losn Association My ~.o.~-: --.'c~: ~~•~.:-s .,ty :.2 1^77
~ Of Fort Pierte. B~r..~,-.i :.rn_r:-_ :'ter- 6 C'..~_`.~ f Co.
~ _ Fort Pierce, florida
~ _ •~t«;~~J`s
. _r~`~}~ r '4
•j.~~.:..{
This Instrument Prepared By Gary F. Ellpood
~ ;
~
First Federol Savings 8 Loan Association
of Fort Pierce, Florida ' ~"r~= ~ ~f~
. f . ~ - .1 t~ , r,~.
~ ~ ~
Checked By ;'7 :::5- ~t'+~.~~=
eeR~243 PACE 264 : ..:..o 'W-:~:~f
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