HomeMy WebLinkAbout0866 r _„r.
To ptaa and con~in~ously keep on rM buitdinps now e/'I+K~aN~? sifu~t~ on aid I~nd ~nd cn ~Q putprmet and pKwna~b ao~ra~d bY thN Map~
~p~„ wi~h all premium~ tl?xeon paid in full. fir~ inwr~nc~ in 1M wwl sanda~d policy fwm, In ~ awn ~pprwnd b1? tM MORTW1GEf, ~ed wi~d~tam .
inMx~u in t!r uwal ~~~ndud polrcy fam. in ~~um ~pp~ov~d by tM MORiGAGEE. M+ a+d~ oon+P+^Y a canpaniN a th~ MORiGAt3EE in~l? ..J 1
dMaq ~nd ~U fir~ u~d wkK4arm kawann polieiss on ae?y of said buti~p~,. ~ny tnt*hst ~hKNn a put tM~~of. In th~ ~pprp+N wm ~fah+ld a- :
M? ucaa U~eof. ~hall contain tM uswl u+ndard mo.~yapM clws~ a weh a!w daw~ a tM MarpapM m~y ~equtn. ~kino th~ loa wwla ~ud pot1~
cia. ~ach ~rd ~vMy. WY~bI~ w ~aid MORTCsAGEE as in intN~st may ~pp~a?. and ~ach ~nd ~wry wch policy ~hall b~ p.ompHy aa:pn«I and d~l'wu~d ~o
~p ~~g~tGwGEE ~i fwtM? secv~ity ~o aid matp~ d~W. and. ~ot ku tMn ten (10) d+Ys fn ~dv+nc~ of tl+~ ~xpir~tion of ~~d+ policy. ro da .
Iiwr M~aid MORTGAGEE • ~a+~wal 1Mrwf, toae~Mr wi~h ~ nteipt fw tM pranivm of wth ren~w+lj a~d tlwh ~I»ll b~ no fK~ or windi~am N+w~u~ca
pl~ad on ~ny of ~aid buitdirgs. ~ny inttr~st IF+~~tin or part therwf, unleu ie tM iam .nd wc~h ~i+. 1os. ar+bN u+fa.s.id, N+d ln r1w •wM ~ny wm ~ ;
of ~y p~oony~ paYable vrd~ such policy a policNs s+id MORTGAGEE shall Mw th~ option to nuiw and ~pply tM s~ on aaa+m d th~ h+d~bt~ ~ ~
n~u Ncwed hN~by o~ w pKmit s~M MORTGACORS to naiw and sus 4t o~ ss+y part thsreoi fo~ ahe. ~.w?Dose~, wi~hout rlu.eb~ w~ivhq a impaM- ~
Inp ~nY puity. IiM or ~ipht w~dn a by virtw of thu matpayaj ~nd in tM ~wnt aid MORTGAGORS shatl for any r~aton iaQ 1o kNp th~ s+id p~ba w y~ .
Irowd, w tall w d~liver promptly any of saW policies of iruuru~u to aid MORTGAGEE. a fall promptlp to paY fi+lly any pr~miwn thu~fa ot M a~y ;
r~sp~tt f~il 1p pKform diuM~p~, execw~, ~ffeer. complet~, compy wtth ~nd ~bids by this oown+nf, a ~ny. p+r~ hK~of. sak! MORTGAGEE m+y pl~ ~nd ,
WY for tuth Inwranu or any parl tMreof w+ttwvt waivinp a ~ff~ctinp w+y option. li~~, pu~tY. a ripht undN a by vtrtw of thls MortQ+p~. ~ed tM ~ ~
full amo~rnl of ~h, a~d ewry svch.p+Ymsnt sball be irwnediaaly dut and p+yabb ~nd shall beu intKat fran 1M dab tMr~of until p~W ~1 th~ rati o)
nirw pK ctntum pN ~um ~nd togetF+er with tuth intsrest thall be secursd by tM (iin of N~if mortpap~.
4. To pKmit, ooenmit w wffa no wa~t~, impaLment ot deterioration of said ptoperty w~n11 W~1 ?Mr~of•
S. To par ~11 ~nd sY+put~? tM cost~. chuya and expMUe~, incl~di+~ a+esionsbM ~nw.ry's fw and aosb of sbqrsns of titb. M~cwnd or W~d ~t ~
eny tim~ by said MORTGAGEE, b~cav~e ot in tM ~wnt of tlw failwe on ftw pHt Of th~ s~W MORTGAGOR to du~1l, promPMY ~nd fi+1~Y pKfc?n~, diKlwyt
execvt~. ef(M. con+Pk~~. ~++P~Y W~th a~d ab+d~ by ~+ck .~d .wy d+. ar~~,t~«w a~ree~++~~n, co~+dj~~a~.. .~d eowr+a~+n ot ab aom:uoq ~w• .~+d ~hs.
.;d+.., ~nel ~~d cous. cl,arana +md ~xoenseb each and every, sMU ~ imm~di~tely dw and payablet wM~ha a not ~h~r~ M rwtia dr
mand, ittem~N w ooll~et a swt pend~ng't ~r~d tM fu11 amouM of tach and every wch payment sh+ll bsu intenst fran tht d~t~ th~rwf until p~id H the
ran of e?in~ pK centum pa an~wm: a~d +11 said coitt, thar9ea w+d eape~sts inewnd w psid, topetMr with such Int~rNt, ihall b~ s~air~d b~? tM INn of tM~
rnaq~pw • .
b. ~h~t (~j i~ tiK we~r oi any or~~ci+ oi ini-s i*.~ts~apt o~ def~ull on tMt put of the MORTGAGOR, a(b) ie tM went any of ~+id wea o~f nwMy
her~M r~fened ro b~ not promptly snd fully paid within thirty (30) days nexl after the sam~ severally b~ta+a dw and pay~bl~. withovt d~nwnd a notiu.
or in tM ~v~nt ~ach and wery the stKwlatiooa, +gr~ameon, eor+ditFons ~nd cw~rwna ot sa~d promiuwy oot~ M~ NNf I~IWIq~f M~y p NfIM? aM 11W
iuFy. promptly and fvlly perfwm~d. diKhar~d, execu~ed. ~ffecnd, comptered. cornplwd with and ~biiied by. tMn in eitha or any wch ~wnt /M uid ~g
yreyaN swn mu~tioeat! in s+id promissory nots then rem~ining unpaid, wirh iMenst acuued, u~d all mawys a~tursd I+K~by. aMll b~oonN dw and pay~ >
abl~ (athwith, a tMreaftp, a~ tM optio~ of said MORTGAGEE, aa futly and compte~ely ~s if •11 of the a~id sums of mawy wK~ o~qu+aly st~putated ~
ro b~ paid on wch day, anythirg in said prom7sswY oote w in this Mortgage to the contrary notwiti+sandinp; ~nd thawpon or tl~afnr at 1M optiw~ pf
•aid MORTGAGfE, without not~ w demand, wit at I~w or in p~ity, thereFote or thereafte~ baywb maY b~ prosecvted as if all mo~ys Ncurd Iwnby
had matured prior to in inttit~tion. ,
7. That b th~ w~nr liaf +t _tM bs9~u+inp of ot ~t ~ny fitnt pendiop ~nY. suit ~pon tha Mort9aq~, or to fweclw~ M, w to nfonn h, or fo ~nfo~o~
psym~nt of an~ d~irtn haew~der, iaid MORTGAGEE ahall apply fo the Court Mviny jurisd~ction thereof fw tM appoi~M+ent of ~ R~o~iva. wch C.ourt sh~ll
fathwith sppoint a?aoeiver of ~aid mott9aged propertY all a~d singvlar. tnclud~rg aN ~nd tirgutu th~ iacomi. pofits. Issw~ +nd nvenu~s frpn whatwK
sowc~ deriwd. each and we*Y of Mehi~. „ beirg ~7~Aroash ve~~3~ood. i~ k~ebY ~D~9~d a.if ~p~cifica3~y Nt lorfh W+d dew~d M the prantinp and
hab~ndum davs~s heroof. ~nd i~rch Rectiv~t ah~ll hive al~ the brosd ~od effecriv~ fvnct:ora and en In anpwne «+trvstsd by a Court to a R~csiwr. ~nd
such ~ppoinrmen~ slisll be made by syel?'toiin as H? idmhred equiry and s~n+ftiv of ~bsoluN fit 1e taid MORTGAGEE, ~nd wirhout nftrenoe w th~
adequ~cy w inadequ~cy d tM wlus •of ~he Properb matps~esl _w. ro the whr~cy or uaoMMCy ~of . said MORtGAGOR a Nr d~f~ndants. and rhat wch
rents, profin, income, iswa and, rwerx,ea shall bi ~ppliad by such Receivet ~ccord'ug-a th~ li~n or puiry of, wid MORTGAGEE x?d the practia of wch }
Court. . . , . ~ _ .
0. To ~ly, pnomptly ~nd fuHy.pMfw~n,.diact~rge, execute, effect, complete, comply with sod abidt by e~th and ~wry tM ~tipul~tiona, ap~~nta, L
CW1dNIWlt Yld .ODVl~IiAb 111 N~ ~NOTIi{Of~/ f101f i~1d t~i ~ilaffQiB! iN ~O(1~1. - . . . . . . . . i . . ~ . f
9. Th~t M tf» eveAt the ownenbip of the matga~d prem~es, or +ml P.srt thsreof, becomea v~fed iR •.pMSOn:oth~r tMa th~ MORTGAGOR, th~
MORTGAGEE, ib wccessors u+d suigro, may, witFiout notice to the MORTGAOR, deal wi~h such succ~sw~ or suaessor in inhrest with r~faanoe b this ~
mort9age and the debt hsreby secured in the same msnner as with Mo~tgagw without in u+y way vitiatinp o~ discFisrpirg th~ Mat~+port' li~bility lw~t
vnder w upon the debt herebr sec,ured. No wte.of ths pemises heteby:d~ortpr~d and'no fo?b~sr~no~•on the put o( th~ N?ORTGAGEE w its waoesson ~
or au~g~ and no eatension oI tF~e time fa the payment oF ttie debt hereby uwred ~ive~ by ths MORTGAGEE oS_ its wastsal o? stsipir„ sh+Uz.op~iaN ~
ro release, di~tMrpe. modify change « affect• the wiginal'liability of itie MORTGAGdit hereni, ~itFwi In whok a fA part. ~
10. It fs speciRutly agreed thet Yime is of the euence of this tentraci and tfiat no w~ivir d eny oetip~tbn M?wnd~i a of th~'obtF4atioi~ sr '
cwed hKSby ~11 at ~ny tine thereafi~t 6e held to be ~ waiver of th~ Ietms hereof or of -the. MatrwneM a~a~nd h~rblr. ~
11. In ~dd~tion ro the fwego:ng monthty psYmcnts of prfnc"pal snd interest req~irsd by ths pton+isawr ; note secund Mteby, : mottyapor ae~nar?1s ~
and ag~ees to pay to mortpagee with each mo~thly payment an addirional sum ~est~mated by mortpapqe fo be eqwl b 1/12 of the anrw+l cost of ths fqllow•.
, ~ , _ . ' . ~
A-Afl rta) property axes kvied or assessed againit the above described real estate:' ` ~
E-Premiums on firc sad winds~orm i~~xance as here~n requ~red to be carried on the impiovemenis irtwts an the above dasvib~d pnmises. '
C-Premivms on such mortgage guaranty inwrance as mortgagee shall from tim!'.to tmie deem fit to urry ~n tht loan a~cvred hereby. i
t
Mwtg~gee shsN f?om ?ime to time notify mortgagor in writinp of the anwum Jue ied P+Ysble M*~d~t ~nd wch Wm ah.~ll theraupon b~ dw:Md :
payabk on the dtie dete of fhe next monthty payment and exh ~uccessive month thercahq until rtwrt9syee thsll ~otify mortpagor of a thai+~, ln auth
amo~M. Such sums sl:afl be applied by mwtgages'toward 1he psyeneet of resl property bxes,' inw?~nte pre~n7ums.' md riwrtype yuuanly ' Frai+r~nce
.......ksrna_ . . . . . _ . . .
• IN WITNESS WNEREOF, the uid MORTGAGOR has herevnto stt his hand and seal the da first aforesaid. ~
~ Siqned, Sealed ud dsliv~ed in the presence of: ~ ~
n
E ~ fi~. R x A Jr n
~ ~ ~ac£~ ~~~t - -
~ ~~~tc ,;:vr~ ~o~sr ~ ~
+~R~F~£9 Rita. H. . itt ~s..n
F ~
STATE OF FLORIDA ~
~ ~1 ~ 35 ~~'7~J f
courrnr oF st. Lucie
eefa,~ n,. pe~,«„~~y,ppe,;ed Riehard A. Littl~ Jr. ~ .nd '
R~tB? H. L3tt1@ Iw wife, ro m~ vw11 known and knawn to m~ so b~ f
the iadividwls desvibed in u~d who executed the fore~arg instruma?t, ard ~ckrwwkdy~d b~fon me that they ~xewted ihs samt for tM purpw~s
~here~n ucpressad. and tM ~a+d Rita H• L~ttle
M,;{. o{ r~ ~;d RiC~1d=d A. Little Jr. , vpon . sep~?ate ~nd priv~i~
~ exsmirution br me taken separste and epart irom her said husb+nd, ~dcnowledped to ~nd befae rtr thst shs executed s~id irotn+mant ftNly ~ad volwf
rsrily aod withaA any compubia+. constraint, spprehens~on, or u of w from h~r said Iwsb~nd.
WITNESS my h~nd aod officisl seal tfiK day of A~19u8t , A. D. 19~
/,7
Notuy PvWk in ~nd for th~ of florid~ af l~r~p~
~ . Mp ca,?miss.ion .~cpi..,: , ~ I • ~'?4
a Retum To:
Fint Federsl Savings ~ toan Associefion ~;::;:y~~~s~ ~ f'~•-,~
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~ Of Fort Plerce. ~ " 7~~+t -~it:
~ Fort Pierce. Fbrida . , ~r. 4-
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This Instrument Prepared By RobeYt A. Swisher Jr.
First Federal Savings b Loan Association i~ y~C'~~ -
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of Fort Pierce~ RloYida 33450 "•.L,.,
U k~~J PA6E s' ~,•ti.: 3.::.:. ; ~J
Checked By~ 80~K ~ : ~ -'v,; - _
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