HomeMy WebLinkAbout0266 To pt~c+ +nd comiewovsiy keep a+ ~1+~ build~n9s ~w~w a Iw~~fta ylv~~ on Nid bnd and on +U ~4~+~^~ +^d PK~~^+Ily oovN~d by this matp~
p~, with ~11 premiuma tM~eon p+~d io fvll, firs in~uranu i~ the vtwl ~undard poticy form. in s swn ~p{xowd by th~ MORi~GE~R
utisutsna in t1N wusl siand.rd potiry form. in ~ svm approved by ~M MORTGAGEE. 1n wch oomp~nY a oomP~^i~s
dincq and dl fi~~ ~d wcndiwrn~ 1nw~anc~ policws on •ny of ~aid build;np~, v?y lnM.a~ rM.~in « p~rt tMrwf, tn tIS~ apprpa~~ swn ~fornaW a.~ i
In ~xass IMnof. sMll conufn tM uswl su~dard mor~gapN c1auN a such otiwr clws~ a tM Matpp« in+t? ~w~n. ~ tM bas w'd~ N'd po1F
ciN. each and wKy. paYabh fo iaid MORTGAGEE a its in~Kat may ~pp~M. u+d ~acA +nd ~w~Y wd~ PaKY ~MII b~ P~O1^P~h ~~9^~ ~~ivM~d to : f
.nr Mw by s.~d NtiORic~?GEE +s twlhe~ stt~rity to wkl mortpa~~ debt, ~nd. aw bu th~n t~n p0) d~yt in advanc~ oi tlr ~xpiatian of Nch policy. 1o d~
Ilva ro ~aW MORTGAGEE a r~new~l tlwreof, ropttF~ with a receipt iw tM pnmiwn ot s~?ch r~nswal~ and tMh sh~ll b~ ~o fa~ a windstpm huw~ot~ M
plapd on any of s+id buildirg~. ~ny lete?~st therein or put thereo(, u~lea i~ th~ form and with th~ lou pay~bl~ as ~foraaid~ ~nd in tM ~wet u+y wn~
of mon~y baan~a paYaW~ u^dK such P°tky °r pofic'~s sa~d MORTGAGEE sMll FNw d» option to nuiw and aQply tM ~ on +caow~~ of tM 1r~bted~ ' r
n~sf s~cund i+KSby a w pKmit uid JNORTGAGORS to naiv~ ~nd us~ it a any part tAe.~of fa otha~ purposs~, without thweb~ waivinp or r+~p+ia ~
i~p any p~ity, li~r~ a rght undei or by vtrtue of this mo:tp~p~j a~+d in th~ ~vtnt taid MORTGAGORS sMl) fw any nawn fail fo kNp tM wid p?M+iNS w r~~•
ieaund, a faU w ddiver pramptly any of wid policies of itu~r~nte to said MORTGAGEE. o~ f~it promptly to pay fvtly ~ny praniwe tl+a~for a M? anr ?#'y ~
r~~p~et (ail b pKfor~, discMrye, ~:acuts, effM, complet~, tomply with ud ~bid~ by thb oov~nan1. ar ~ny put hK~of, s~ld MORTGACsEE m+y plap and ~ f^
paY for svch trovrano~ or any pa?t tM.eof wi~hou~ walvinp. or ~fi~ctinp ~ny oplion, 11~n. tqvity, or ripht undK a by vl~tw of thi~ Mat9ap~. +nd tM -
fvll ~ma?M of tach and ~v~ry such payment shall be immediat~ly dw ~nd p+yabl~ ~nd shall bear intKest from tM dat~ thtnof w?til paid tl tM r~b ol
niM ~Ilf CMfVf11 pM ~MUT Nld TO~f~F1C? with such lntereet ~hatl be sacwed bp the li~n of this mortpap~. .
4. To permit, eommit or wfia no wute. tmpairment a d~tcrars~ion of sa~d property a aey p+M the~wf. ~
S. 7o pay ~II and urpul~r tM cosh. charpes and ~xp~nsss„ tndvdleq ~ re~son~bb a»an.~/s f.. .~,d oosn of .bar.cn ot ~NI., inew..d a p~td ~t.
eny tim~ by s+id MORTGAGEE, Mca~se or in the ~vent of tM fsilwe on tFw p+N of tM saW MORTGAGOR a duly, promptly a~d fvlly pKMnn, disch+~ ~
execut~. ~ifsc~. complea, oomply with and +bide by each and every the stipula~iorw :yreamenn, condi~ions, and cow~+~n of ~aid promia~o~y nor. u?d ~his
morr~~ ae~r w ei~M~. ~nd u~d costs, ch+ryes and expenses, e+d~ ~~d evary. shall b~ Inrnedistely dw and p~yablr, wMtMr w not tMn M notiu dr
mand, attempt to colktt or wit p~nd7ng~ and ths (ull amovnt of eath and we~y such p~yow+it shall beu intartst from Iir dat~ th~nof vnHl paid ~f H+e
rate of nine p~r centwn per srMUm; a~d all said oosts, chug~s and expens~s incwr~d or pafd. togetM~ w~th s~xh inqr~at, ~hall b~ s~cw~d by th~ lia~ of tiw
^wrtp~y~•
b. That (s) i~ the evsnt of any be+ch of this Mortp~gt or defsult on tFr part of ths MORTGAGOR. w(b) in tM ~wM n?y of taid wms of mo~ey
herein roftrrd to bs not promptty and fulfy paid within th~rty (30) days next afte~ the sam~ se~re~slfy bacane d~ ~nd p+yabb. witho~A d«n+nd w notio~. .
w W in tFM ev~nt each ~nd evsry th~ sTipvlafioos, agreeme~?ri. cooditioro ~nd coven~ob of s+id promis+orY not~ +^d this malp+p~ any or ~itFlw +n no1
iuly. prompth u~d fully perfwmed, disc.Mryed, tzacuted, ~ffeded, compl~ted, canplied with and ab'~de~d by, tlwe in atlw o~ u~y such ev~n1 tIN said ~
yregat~ wm mentioned in said promisso~y note then rem~ininp unpaid. with interest ~tuved, and all moneys seCVrod Mreby, shall b~oon» dw and piy~
sble forthwith, o. rhersafter, ~t ~Fa oprion of said MORTGAGEE, as tully and compkrely as if ~11 of tf+e wtd w~ra of moeMy vr~n aq~n~ly stipulated
to bs p~~d on such day, anything i~ said prom~uory note a in this Mwt9aye to th~ contrary no~vritAstandinp; and therwpon or tlw~+ftK at tM option of
said MORTGAGEE, withovt notic~ w demand, svit st law w in ~quity, thers(ore o~ Hxreaher be9vn, may b~ prowcut~d as if _dl montys s~arnd M?~by
had rr?atuted prio? to in inslitution.
7. Tlut in t!a event ~hat at fFK beginning of or st any time pendiny any suit ~poo t6is Mo.tgage, a to for~clo~ h, or fo nform h, or to ~nfaa
paymee?t of ~ny daims hereunder, s~id MORTGAGEE shall apply to the Court h+viny jurisdKtion thereof for the appointm~t~t of a R~uiver, wch Co~rf shall
forthwith ~ppoint a receiva of said mort9+9ed property sll and singutar, includ~ng all and singular th~ i~xome. p~ofits, bw~s ~nd ~twaues from wMtever
souru dKived. e~th and ~very of wh~ch, it bei~y expressfy unders~ood. is hereby rtwrtgaged as if sp~cifially tet fwth aod desa'b~d in tM prantirp u~d
habendum cla~sas he~eof, u~d such Receiver shall Mve aU ~he bo+d ~nd effecrive f~nct~ons and powen in ~nywiss entrusttd by a Court ro ~ R~ceiwr, and
•uch ~ppointment sh~ll be made by svch Cant as an admined equity and a rt+attet oi ebsolute righf ro s~id MORTGAGEE, and without r~fKSnt~ b tln
adeqwcy or insdeqwcy of the v~lue of the property mw~g~~ed or to the wwer?cy or insolvency of said MORTGAGOR w the d~fend+nts, and tMt such
rems, profits, inc«ns, iuuss ~nd revenues shall be applied by such Receiver acco~diny to the lien or puiry of said lNORTGAGEE and 1M prsctio~ of such
CouA.
8, To dufy, promptly and fully perfwm, duhar9e, execute, effecf, conplete, comply with ard abid~ by ~ad~ ~~d ~wry th~ sfipulations, y~eem~nts,
conditions arwJ covenants in said promissory note and this mortgage set forth.
9. That ie+ the evenf the ownenhip of the mortgayed pr~mises, w sny psrt thereof, becomes vestsd in • person otha than the JNORTGAGOR, th~
MORTCsAGEE, in successo?s and auiyns, m~y, without ~oticc- ro the MORTGAOR, tleal with stxh suttessor or woces~or in interett with referMte to this
mo.t~s~ and the debt hereby secwed in the sams manner as with Mortgayor without i~ any w+y vitiatlnp or disd+ar~iny tht Mwtyapws' liability l+~r~
under or upon the debt hcreby secured. No sale of ~he prrmises hereby mortgaged ~nd oo forbearance on tM p~n of ths 1NORTGAGEE or its svaesson
or su~gns and no extcns~on of the tune fw the p~ymem of tM debt hereby secwed yiven by th~ N?ORTGAGEE a? 1ts sutassots or ~ssi~M, sh+ll op~rat~
to rekase, diach+r~e, modify change or affect tM original liability of ths MOR?GAGOR her~+n. ~ithar in whol~ p in put.
10. It is specifically ag?eed that time is oF the esse~+ce of this contract and that no waiver of any obliyation hsreunde~ or of fh~ oblip~tlon sr
cured hereby ahaU ~t aoy time thereafter be held to be a waiver of the terms hereo( or of ths instrument secwed herby.
11, In addition to ihe fwego:ng monthly psyments of princ'pa1 and interest required by the prom~ssory note secured hereby, mortpagor covtna~is
and agrees to pay to mortgagee with each mon~hly payrnent an add~rional sum estimated by mortgsgee to be equa~ to 1/12 of the anrwal tost of the fdlovr-
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A-All real property taxes (evied or asxssed against the above deuribed real estate.
_ ^ • - - _,._.r--~ :..............~n~e a:n.,.t. e~n tl.n sbevs desaibed oreanises_
v~• i~i ~.iJ ':.y~:"' " . .
ii-Fitii~iv:::S ' .r:::-.::i..aa::: ::::~:a::.~ ~.a . av ar' - " ~ . _ _ - - - -
C-Premiums.on such morlgage gueranty insurance as mortgagee shstl from time to time deem fit to prry on the loan setured hereby.
Mortgages sh~ll from timc to time notify mortgagw in writing of the amount due srd payable F~ereunder and such wm shsll tt?etwpon, be dve and
caysble on tF~e doe date of the mext monthly payment and exh successive month thereafta until mwtqsyee shall notify mortyayor of a chsrgs in such
amovnt. Such wms shall be apptied by mwtgagee loward the payment of real property taxes, inwrsnce p?em:ums, ~nd mort~ape gw?+My iruwanp
pretniVms. ~
IN W17NE55 WHEREOF, the said MORTGAGOR haa herevnto set his hand and seal the day ard year $rst ~foresaid.
i ned,s~~d and elivered in the presence of: f~p A~1~ 4~c a fEe ~ ~~~~i
; .~.~!~t/,A • 1~_~~ i~. WC~E ..017~ !A. ~ ~s•+~
f witn ss fJGE~ r^~'R~S Roland H. Vailla t n
CLEFI~ L'+~~t!!T C~URT ~ ~
erc~~•, a~ ~
i _ .
~ '~'itness Ru h G. Vaillant R..~
STATE OF FLORIOA ~ - ~ ~ '
$t . 1.tiCle ~ S5.
COUNiY OF ~ 3~~
e.f«~ ~.w~+~uy.~e~~d Roland H. Vaillant ,,,d
Ru t h G. Va i 11 a n t h~s w;f~, ro m. well krawn sod krwwn w ms to b.
the individwls described in and wFw executed the fore~oirg instrument, and ackrawledaed befw~ ms th+t th~y ex~a?t~d the ssm~ fw tM pwpaes
~he.ei~ expressed. ~ a,a rr~e ..ia Ruth G. Vail lant
w;fe Rol,?rid H Vaillant upa~ • sep~rat~ ~nd privaN
examinatio~ by me taken sepu~te and apart from her said husbsnd, adcnowledged to and before me that she exscvted s+id irat~wnent freely and volun-
rarily and withovf sny tompvlf[on, coiutraint, appreF~ension, or feu of or from her said husband.
.?:.~sti~a~q ~~-'J~` day of At~ QSL A. D. 19~
WITNE55=nM1Y ~ntba~~11 ssal this
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~ v~ ' ;R~Y~a'~;~' ' ~ . Motur oT F1oe1d~ At lat~
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This Instrument Prepared By E. BZaun
First Federa) Savings b Loan Assotiation
of Fort Pierce s Florida . r
~ _ . $GUx pA~f ~
Checked By
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-•y
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