HomeMy WebLinkAbout0903 To plao~ ~nd conttrwiovily k~p oe~ tM buitdirps ra~w w h.r..fa~ ~w•h on ..id land u~d on dl putpm.m and puwnalh owrsr.d bY ~I+ta ^+aq~
p~, wiih all prNniums IF+K~ p~id in fvll, fin inswanc~ in ~h~ uwal ~unda.d pwicy fam, in • swn ~pprowd b~l IM MORTGA('iEE. ~nd windNorn~
kaw~ M tl+~ wual ftandard pol~cy tam, in a swn ~owd by t1?~ MORiW?GEE, In wch aomp~nY or oanp~niN w tM MOR1GACiEE may
dindt Md a11 fh~ ~nd wind~wrm in~w~na Dolkws on .ny of aid b~fldinp~. ~ny InN.pt thaNn w pwt tMrwf. M+ tA~ aqprp~r~ swn ~fa~saW a
b~xan Ilw~wf, ~iall oontain tM uwal ~Nndxd mor~pspN ctw~ a wch otF»r daua ~s th~ MappM e?aY ~+V~K~. ~ POu' ~
da. ~ach u~d ~wry. WYabN ro a~id. Mt7RTGAGEE u ib ia~~~s1 nnay a~r. ir~d ~ach and ~vKY P~Y slwli b~ panptly as:9Md ~nd d~livK~d to ~
•ny MW by s+id MORTGAGEE a fur~l?K sewrity ~o ~aid mor~9ap~ debt, and, nw bss tMn ~N? l10) d~ys in ~dvanu of dw ~apir~tion of ~ach pol~qr. ~o d? .
liwr to t~id MORTGAGEE • rtnewal tMnoi, tops~h~r with a nuipt for th~ pnmivm o( wch r~Mwalj and d+m ~11 b~ no fin a windtrorm in~w~nc~ ~
pl~c~d on any ol said buildirgs, any Interttt thet~~o or pul tMreof, ~rnls~s ie ~h~ form ~nd wtth tM loas pay~bb a~faK+idi ~nd in tM ~wM aey swn
p} ~y ~p~~ p~yaa~ such policy a polici~s uid MORTGAGEE sMll Mw th~ option to nc~iw u~d ~pply tM s+rM on of tM ird~bnd~
msi sscw~d Mreby a b p~rmit said MORTGIIGORS ~o nc~iv~ and us~ It a ~ny pan ther~ol fa o~her pwpos~s, wi?hout thenby waivi~q a irnp+ia '
Inp anY puity. INn or ri9ht w~de~ a by v&tw of this mortyayts +~1 1n tT» ~wnt sa~d MORTGAGORS sAall fa ~ny tNipl f~il t0 I[Np 1M Niil p~NniN~ ~O
kaw~d. a bU 1o deliver promptly ~?y of said polKi~s of ins~~~na ro s~id 1MORiGAGEE, a f~tl promptly to p~y fvlly any prtmiwn thsr~for a fn any
rtip~ct fail b pKfam, dischu9e. ~xecut~. ~ffM. complet~. compty wi?h ud abid~ by tAit cw~n+nt, or ~ny p~i huwf~ wid MORTGAGEE rn~y plaa and
paY (or such Inw~anu or any put th~raof without waivirg or ~ffectinp any option, lisn, eqvib. w ~iphl undK a by virtw of thti Mortpape. and tM
full amount of t~ch and evay wch payment ~f»II b~ imnwdiat~ly dw snd p+yabl~ and sh+ll bear inter~st from th~ dat~ thsnof w+til paid it tM wh ol i+
nin~ pK cM1um per ~MUm and topether v~ri~h suth intc~est ih~ll bs secwed by tM Ue~ of Ihis mwtp+p~.
1. To pamM, oommit w wfiK no wut~. impairment a deter~wstion of ~aid prop~rty or ~nlr p~rt t1~Nwf. • ~
S. To p~r ~11 ~nd skgutar tM cos». chupe+ snd ~xpsn~e~, includinp • rtawnabb ~»o?MY~~ fN ard cosq of aban+cM of Ntl~. ~~d a paW N ~
~ny tlm~ by saW MORTG/?GEE, bK~us~ or in tM ~w.?t of failwe on ~he pxt of th~ ~aid MORTGAGOR w duly. promptly ~nd fidy p~fo~n~, d~KhupR
~xecut~, eff~d. compk~~, canply with and ab~da by each ~nd evfry thO 3lipul~tioni, prf~r~enff, COfditiOM. Md tOwninq Of Nid prOmistory f~W~ M~ thi~
morp~ ~ny w N~M~. and aid cosa. char~es and u~p~nses, each and ~very, sh~ll be iinnediahly dw u~d pay~i wMtFw or nw tMr~ b~ notia d~
mand, ~tMmpt ro oolled or wil p~nd~n~t +nd tM full amount of e~ch a~d ewry wch paym~nt ~hall bw int~nst frwn ~M d~t~ tl~wf untfl p~id a1 tM
ratt of nin~ per ttntwn per anrwms a~+d ~II said ooi~s, thupes. u~d ~:p~r?ses incwrd or p~id, topNha with such inNrpt. shdl b~ s~wnd by th~ li~n o4 tha
"'aro+p~-
6. Th~t in the ~vent of any brexh of this Mortyap~ or defauh on tlr part of tM MORTGAGOR, a(b) in tM ~wnt a~y ot wW ~wns of rtwn~y
herein r~fa~ed to bs not paomptly a~d fully paid wirhin thirty (30) days nex~ sirer the sarn~ severslly b~can~ dw aed payabb. wi~hovt d~mand a notice.
or (~J in tM ~v~t exh and we.y tl+~ tfipvlatiaa. agraemeMS. conditions and covenants of sa~d pranis~ory not~ ~nd fhis rtw~tpap~ any o? ei~htr ui no1
~uly, p~omptly uid fully patorrnad, discMrged. ~x~cuted, ~ffected, compb?ed, compli~d with and ~bided by, th~n in ~itM? a a~r wch ~wnf tM said a~
pre9att wm mentioned in said promiuory note then remaining unpaid. with inte~e~t xuued, and all moneys setvr~d hertby. ah~ll b~co~ee dw and pay~
abl~ fwthwith, a thereahe~, at Ihe optan of uid MORTGAGEE, u fully ~nd completely u if all of th~ s~id w~ro of ma»y wN~ w~pinally ~t~pulated
to bs paid an ~vch day, anythirg in said p.omiuory note a in this Mort9aye ro the contrary no~withsandinp; tlll~ t~fOfl~~Ofl Of 1F~ltNffN it tIN Op1i0f1 Of
s~id MORTGAGEE, without notics o~ demand, s~it at law w in pyity, lherefor~ ot thereafte~ be9u~, rtay b~ p~wecuted as If ~11 mpNys s~tw~d heteby
had m~tured pnot to ib irulitution.
7. TMt in the svent that at the beginntng of a~t sny time pendiny ~ny wit upon this Mwtgags. or ro fwacb~ h, a to nform it, or ro anfup
payment of snr claims hereunder, said MORTGAGEE sh~ll apply to tia Coun having juriulidion theroof fw tM ~ppoinbmnt of ~ R~ceivN, ~ud~ Cowt sA~il
Fdrthwith sppoint ~ receiver of sak! mort~aged propertY atl ~nd sirgvlar, includ,np all and sin9vl~? tM intom~, profib. iswes and nwnues froen wMtw~r
source derived, e~th and every of which, it beinp expreuly widcritood. is hereby mwtgaged as if spetifically stf fotfh ud dewibed in tM p~~ntirp ~nd
haband~xn clauses hereof, and such Reuiver shall haw sll tM boad and effec~ive i~nctwns and powers in ~nywise ~nNusNd by + Cowt to ~ R~oeiver. ud
such appointrn~M thatl be made by such Cou~t ~s an admitted aqvity snd a matta of aDsolute riyht ro said MORTGAGEE. and witlaut nfe«nee to fF~t
adequscy w insdeqvacy oi the value of the propery mwtgaged or ~o the wNenty w insolvency of said MORTGAGOR a th~ defs~dann, and that wch
rents, profin, income, iuues snd rovenua sh+ll b~ applied by wch Receiver ~ocordinq to tM lien ot equity of s~id MORTGAGEE u~d the pradic~ of such •
Wwt. -
8. To duly, promptly and fully p~r(orm, dischu9e. execute, effect, compkte, comply with and ~bid~ by ~ad~ and every tM stipulations, aprsermnts,
conditions and coven~n~s in uid promissory note and this rtrartgsge set fwth. ,
9. ihst in the eveM ~the ownersh~p of the mortgaged premixs, a aoy p~rt thereof, becane~ vest~d tn • pasoe otMr tl~ t!r MORTGAGOR, th~
MpRTGAGEE, Hs. succe~son arid auigns, may, without notice to the MORTGAOR, deal with wch waessor a suaessor in intaeat with nfer~na b thi~
matQ~pe ~nd t4N deW hereby secured in the same rrnnne~ ~s with Monga9or wi~hout h any way vitiatinp a distharpinp th~ Morlpayors' liabtlity h~n-
u~der or upon the debt hereby xcvred. No sale of the premises hercby mortyaged and ra fwbearsnoe on tht put of tF» MORTGACaEE or its suonuors
o~ atgns ~nd no ~xte~sion of the time fa the payment of the debt he~eby sm~red yiven by the MORTCsAGEf w it~ wcanwn w assipns, shall optrat~
to refeas~, d~hsr~t, modify change w a(fect the orginal li+b~lity of tFx MORiGAGOR hKtin, ~Ither in wholt or in part.
10. It is specific~lly agreed that time b of the easence of tbis caar~ct ~nd thst .no w~ivar of ~ny obttpatan Mr~r w of th~ oblip~tion a~
cur~d hereby shall st •ny time thereafter be held ro be a waiver of th~ terms hereof or of the inttrument setwed haby.
11. In add~tion to the fwego:ng monthly paymems of princ:psl and in?erest required by the prom"isswy note secwr.! htreby, mortpagor cov~nsMs
a~d agrces ro pay ro mortgagee with each monthly payrnent an sdd~r;onal sum esGmated by morty~gee to be eqwl b 1/12 of the snnual tost of the follow-
.
A-A}I real property taxes kvied or asseased agai:~st tl~e abov~ described real estate.
B-Premiwns on fire. and windstorm inswance as herein requ:red to be tarried on the improverr~enb s'rt~ate o~ tFN sbove desv'bed preenises.
C-Premiwm on wch mortgage guaraoty imurance as mortgagee sh~ll from Yvne to time deem fif to c~rry on tF~e b~n seeured hereby.
Martgagee shall from t~me to time notify mo.sgagor in writing of the amount due snd pay+ble F~ereuoder and such wm shall thereupo~ be d~e ~nd
payable on the due date of the next monthly payment and each successive manth tf+ereaRer untif mwtgsy~e shsll notify mortyspw of a ch~nQ~ in wcA
amount. Such wms shall be spplied by mortgagee toward the paymenf of real property taxes. irourance prem:ums, and mortyape ywra~ty irow~nc~
premiurro.
IN WITNESS WHEREOF, the ssid MORTGAGOR hss herevnto set his hand and seal sh~ day ad year fint afores~id.
I Sipned, S~aled and delive+ed in the presence oh '
; ~MU R~CORQ ~ • (
~ ~~~y0{E i;011M1T ~ er [ti
.TCIar ~•aq
~ P.flCEP _P~TRAS ~
~ CLE~K Ci~ yU1T 6~~~ y n
REC~?FiC :ERcf~£C Y ' 0
STATE Of RORIOA ~ `O 3Z
courmr oF St . Luc ie ~ _
defon me personally appeared R Obe r t«. C 1 a r k
Dorothv N. C lark h;s wif•, ro m. w.l~ knoMm .~d krwwn ro m. to b.
the individwb described in and who executed the fweyoinp instrurnent, and ~cknowled~ed b~fon ms that tMy ~~arted tFw iarr» for tM purpoMs
rr,~en ~~d_ a,d t~. s.~ - Dorothy N. Clazk _ .
M,;~• ~ r~ R obe r t tV . C 1 a r k ~ upon .,ep„~t. ,,,d aivat~
ex~minaYan by me taken uparate and apart from her aid husband, ~ckrwNrledped b and beforo me that she executed aid irotrwnent hNlr- and voluo-
tarily snd without ~Mr compuban, constreint, apprehension, or fear of w from F~er ~aid hvsband.
~ WRNESS my hand snd official seal thK f, d+Y of AuQUSt , A. D. 19 7S
. .
~ _ STATE c~F ~LQ R i D A ~ ~•ry o~wk .^d +a ~ . ~ ~.ia. ~,ro.
~
~ ~Z DOCUMENTARY,~-.`~ST,~.~MP TAX ~ My ~°"'""'s'°" "cpu"° ~ ~ . ~}I• 'J(~
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This Instrument Prepared 8y Gar y F, Elltivood ~~f j p1;;~1~~~S~~y~
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First Federal Savings b loan Association s~:°• ~1 :
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of Fort Pierce, Flori!~a ~j '~~`~l O~
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