HomeMy WebLinkAbout1200 To plau a~d conti~uously 4e~p on tM buitd~~+ps now o? 1+aeahN u~w~~ on said I~+~d and on dt puipna+l ~nd p~rsonally cowred bY 1Ait map~ ~
p~. with dl pnmiums fMrwn pa~d in lutl, fire ir+suranc~ in tM v:wl ~~~~dud poticq fwn~, in a avm ~pprov~d by th~ MORiGAGEE, ~nd w~~am ~ ~
Insw~u in tM uiwl sNntlud polity fpm, in a tum approv~d by th~ MORiGAGEE. in wth compa+y or canP~niM a~ ~M MORTGAGEE m~r
dinul a+d ~II fin ~nd wind~arm i~uruic~ policies on anY o1 Nid ~1iW~t. My inffrql thN~in M put 1hNW~, in iM apy~~st~ wm afotssaid ot _
In txcHS tl~~of, ~A+11 conain th~ v~wl sundard mor~gpN cla~w o~ wch otM~ clww tM MorppN en~Y rpvin. m+?inp tM lo~ ~^d~' ~+'d PofF `
ci~s. ~ath and wNy. paY+bM w iaid MORTGAGEE as its inte~cN may ~pp~a?. ~nd Nch and ~wry such policy ~11 b~ praeptly aw:p?Nd M+d d~tiwred to !
~ny Mld by s+id MORTGAGEE as fwtha secvriry ~o said mor~pay~ d~bt, and, nW I~u ~Mn un (10) d~y~ In ~dv~nc~ of tM expi~ation of ~ach policy, ~o da
liwt ~o wid MORTGAGEE + r~ntw~l th~rwl, toyuF»r with a rsce~p~ fw tM pnmiwn ot wch ~a»w~l; and ~ha~ ~hall b~ no f'u~ o? windstam lawraop ,
plaqd on aoy of said b„Ildlnps, ~ny intaal tMreio o~ part tF~.eo1. vnku io th~ form ~nd wilh IM loa paY~bl~ q afa~uid~ and i~ th~ ~v~nt any sum
of mo~?~y bscoen~s p+y~bl~ u~da such polky w polici~s said MORiGAGEE sMll Mw tM optio~ ro ~ecav~.and ~pply th~ iam~ on ~ccow+t of tM Ind~b~ed
nsit ~cv~~d hq~bY p? q permit Nid MORTGAGORS to rectiv~ +nd us~ {t or ~ny put thereof for other purposes, wilhout tMrtb/ w~ivinp w unpain ~ i
Inp ~ny puity, liM w ~iqh1 under u by virtw of this mortpaye; ~nd io ?M tv~nt ~aid MORTGAGORS ihall fa aoy reawa fail to kKp th~ uid pr~mises w "A ft
Inaund. w fail b dtlivK promptly a~y of said policies of intura~u ro s~id MORTGAGEE, a(~il promptly to pay fvlty ~ny premi~m thatfa a M ~ny . ~ t
~sspM fafl ro pafam, dixhu~, ~xecut~, ~ffect, complet~, compty wi~h ~nd +bid~ by this covt~ant, w~ny pul hKwf, said MORTGAGEE m+y p~~u +nd ~
paY fw tuth inswu~t~ a~ny part tF~eof without waivinp o~ ~ff~ctinp anY optiay Ittn„ puity. or iphl ~rd~ q by vlrtw ot this Mwt9ap~. ~nd the
full ~mount of tach and wery tuch paym~nt shatl be im~rKdi~tely dw ~nd pay~bb and ahall aar t~taat i~om tM dat~ thereof until paid at tM ~aN ot ~
niM psr c~ntum pe~ annum and to~e~ha wi~h s~ch interest ~hall be secured by tM li~n ot this mortpap~. 3
A. To pKmit, commit w wf(er no wut~, Impairme~t o~ deteriotation of s~id ptop~rty ot u~y p~rl thtrwf.
S. To p~y sll and siapul~r tM coats, ch+.qes ~nd exp~nties, includirp • nawnabM ~ttwn~y's fk ud oosn of ~bshacb of 8t1~. Mcwred a p+id sf i
•ny time by s~id JNORTGAGfE, betauw w in t!r ~wnt of tM f~ilw~ on the pa?t d tlw uid MORTGAGOR w duly, promptly ~nd fully paforrn, disch+~
eaecvt~. ~ffec4 compk~~, comply with and ~b:de by eacl+ a~d every the irip~l~trons, apresmenn, conditions, a~d oov~n~~n of said promiuory not~ a~d tha
mW19~ My W N1hM. ~f1d Nid OOttf, CMf9fi lxpM~Rt. NCh ~Iffl !Vlry. s!»II b~ imm~diatdy dw ~nd pay~bl~: wMtF~ w not tMr~ b~ notiu dr
mand, ~ttempt to collect or wit p~nding: and tM futl ~mount of each and e~sry i~ch paymero aMll b~+. intKe~~ from ~M da~~ tMreof until pald ~t the
rate of nin~ p~r untum pa annum; and all ssid oosts. charg~s and txpeoses incurr~d u p+id. Iopt/1~ with such kusrnf. sMll b~ s~cw~d by th~ Iwn of tlw
mort9ap~. }
6. That (a) in th~ ~vent of any breach of thi~ Mwtyap~ a default on tFr p~N of the MORTGAGOR, w(b) in *M ~vent any ~of s~id t~na of nwe~ty ~
h~wie nfernd ro be nof promptly and fully psid within th~rty (30) d~ys nex~ afta the ~am~ aver~lly becan~ dw ~nd pay~bb. witla~~ d~m~nd a no~ice,
w(c~ in th~ ~w+?t ~ach a~+d wsry tM iNpul+tions, a9rNrrwnn, conditians ~nd cown~nts of sa~d praniswry not~ and th~s narpap~ aey a~itMr an rw1
iuly, pron+ptly aed fully perfwmed, diuAsrped, ~xrcuted, ~ffected, compltted, compli~d wi~h and abided by, tMn in ~itlw~ w any such ~wnt tM wid ap~
pregat~ wm mN?tioned in uid promissory note thcn remaining unpaid. with interest acaued, and •II ma+eys wcund hareby. sMll beoom~ dw and pay~
abl~ fwthwith,. or tIllfHftN, ~t IM option of ssid MORTGAGEE, as tuly and compk~ely as lf •II of ths s~id awes of ~y nnn wpinally at~pulated
to be psid on such day, anythin9 in u:d promluory nore o~ in this Matyaye fo Ihe contrary ~otwiths~u~ding; and thsrwpon er tlwhahu at tM opt~on of . 7
said MORTGAGEE, withovt notKe a demand, avit at law a in puity, ther~lor~ w thereaher bepu~. may be propcuted ~s if dl mot~ys Ncur~d I~~by 3
Aad matwed prMf to itf instituiion.
7. That in tM event ~hat at the beginn'ug of or st ~ny time pend~~+g any wit upon this Matgaye, or fo fasclos~ H, w to nform it, o~ to ~nfau
payment of any claims he.eunder, taid MORTGAGEE ~hall +pp1y ro rh. Courr havirg rvrisdK~an ~hereof fo. rh. ~ppointmMt of ~ Rec~iva, svch Cowt ~hall
Fwthwlth ~ppoiM a race~ver o) said mwtpsyed propeny all ~nd tinpul~?, includu+g ~11 and sinputar IM inooe~ pofiri, issws and rw~nuef from what~wr
~ource daived, each and evcry of whkh, it becnp expreasly wxlenrood, ia l+ercby mortg~ged u if spa~tiu~ly set forth and d~scribed in the 9rantinp aod
habe~dwn clauses hereof, and wch Receiwr shell Mve ~II the boad and efiectiw funslions and powm in ~nywise emnnted by ~ Gourt to ~ Receiv~r, ~nd
• such ~ppointment shall be made by wch Court u~n admitted equ7ty ~nd a m+ttsr of ~bsolut~ riyht ro s~id MORiGAGEE, and without t~ference to th~
adequ~cy w inadequacy of the wlue oi the property mortg~yed w to the sonrency w i??sofvency of ~aid MORTGAGOR w tM d~fend~nts, a~d th~t such
renrs, profib, income, issves and rovenues ihall be applied by iuch R~criver scccrdinp to tM lien or pvity of said N10RTGAGEE and the practiu of such
CouA.
S. To duly, promptly +nd fully perfwm, dixharQe, execute, effect, complete, comply with and abids by Nch and ewry the stipulataro, preements,
conditio~s and covenants in said promissory note and Ihis mortpage set forth.
9. That in ths weM the ownership of the mortga9ed premises, a any p~A tl~eof, becomes vetted in s p~rwn other than th~ MORTGAfaOR, tl+~
MORTGAGEE, 1b uxuuors end euiges, may, wi+hout no~ice to the MORTGAOR, dsal with avch waessar or waasso~ tn intaat with refa~nc~ to this
_=-.,.n~ e~ ,l=~i l~=-=_~, ma~ ~ vreth A~lxtgaao~ withou~ in anv war vitiatino o~ distl?~tging tl~ Man +4o~s' II~WIi htrs
~r-s_ . _ Q f Y ~
under w upon the debt hcreby secured. No ~sle of the premises hereby matg~ed ~nd oo fwb~ar~nte on tM part of th~ MORTGAGEE or in tvtcetson
- or sssigna and no exteroion of tl+e time iw tFr payment of the debt hereby secwed yivee by tl+s MORTGAGEE or ih s~ce~ssoa or astiym, shall operat~
to release, dixharye, modi(y chanpe a ~ffect th~ uiginal li~b~tity of the MORTGAGOR MreLy eitMr in wl~ob or In put. ~
10. It is specifically agreed that time is of the eaxnce of thia contrsc~ ~nd th~t no w~iver of any obl'oy~tion hereunder w of tM obtipation se- • i
cured Mreby shall at ~ny tims theteahe~ be held ro be • waiver of the terms hereof or of the instrumant secured herby. 1
11. In add~tion to the (orego:og monthly paymen~s of princ:paf and intere~t required by the promissory nole secured hereby, mortyagor cove~ams
and ayress to p~y ro mortgagee with cach monthly payment an add~rional sum est~mared by mortgagee to b~ eqwl to 1/12 of the annwl c~t of the fdlow-
ing: -
A-All real property taxss kvied or asussed against the above dewibed red estate-
B-Premiums on fire ~nd windstorm insurance as here~n requ~red to be tsrried on the improvertients sifuate on tl+~ above desvibed p?emises.
C-Premiums on such mortgage gwnnty insura~~ce u mwtysgee shall from t~me ro tim~ Jesm fit to nrry o~ tFr loan setwed hereby.
Mwtgagee shall from rime to time r?otify mortgagor ~n writing of the amount due and pay~bk lxreunder and wch wm shall therevpon be d~re ~nd ~
~ayable on the dve date of ?he next monthly payment and eath successive month thereafter until mortyay~e t6a11 notify mort9apor of ~ chanp~ in such
arnount. Svch sums shall be applird by mortgagee toward the payment of real property taxes, i~sunnce prem:wns, and morf9+~ 9~++~~^h
r
I, promi _ • c
j ITNE55 WHEREOF, the saic1 MORTGAOOR has hereunto set his hand and seal the d~y r finf afw id ^ ~ i
~
i ~ M~t praence of:
i 1 ,n
•q
• K--Q
STATE OF FLORIDA ~ :
couylr oF St. Iucie
i
~f~ ~,a„iiy Robert A. Swisher. Jr., ~
ro a~. w.n k~wwn snd krwwn w me ro b.
the individwls described in ~nd wFa executed ths fweyoinp inst~ume~t, and acknowledped b~fon m~ that tF»y execut~d the sams for tht pwpos~s
therein acp?es~ed. - -
WITNESS my h~nd and official ~,i tn~s 3rd d,y ~ Septeaber , p. ~93~_
. Notary Public in and for ~te of Fbrida ~t larpe
My co~+~.~a+ O/30/76
~ Return To=
Fint Fed~r~l Ssvirgt 3 loan Ass«iat~on
Of Fort P~erce_
fwt Pierce. Flwida ; ~ ~,t 1'~!/
`
fILE01t!{t;AE~uRDED ,~,,..,,;~...,.a,~i ~y~~.
fT• RGCE~ ~'I~T~AS ,
RT 'w9`~r~~r;~
CLERK C.~•CUiT COU : ~ ~ ,
This Instrument Pre red B y~q. E B COR:~ vE~+~~t~~ :,...t : =
Pa Y . r8wY+E
First Federol Savings ~ loan Association ~u ~ - ; ~ " " ; s s
~
of Fort Pierce ~ Florida S~ 9 3Q N~ " ^:k•i:~ ~t~ - ~ ~Y `
. ~
~
ch~~ B,? 316 " : ; . ~
~~~3 j ~
~ ' • I. `y . e~\
, ~ II•~•~S: 141e:~~~~~.
~oeK 243 QAC~ 1200 ~ : . . . - . .
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