HomeMy WebLinkAbout1529 3. To pl~c~ ~nd contiMpusiy k~ep on tM build~nys now a Mr~aitN ~i~uat~ on uid (and ~nd o~ ~11 puipn~al ~nd pawnally covK~d by t!?i~ ma1¢
ap~, with ~11 pnmivms ~he.eon pa~d io (ull, fin intura~ce in ihe utwl sra~~dard policy fam, b~ wm approwd by th~ MORTGAGEE. ~~d wind~twm
Maw~na tn tM wwl s~~ndard pol~cy fam, in ~ wm apprnv~d by tM MORiGAGEE. In wch canpany a con~paniM ~ tl» MORT('sAGEE may
dlncq ~nd ~11 Ik~ ~nd wind~torm inwr~nu policie~ on ~ny oi wW build~rqs, any Inhr~st tMrNa a part thN~of, tn tl» app~~pat~ wm ~fw~wid a'-''
M~aqa ~Miwf, shall contain tM usval sandard mor~pa~ claus~ a~uch otFw clwa as th~ Mor~papN may ~puv~, makinp ~M Iw~ w~ sNd poli~ 's
ciN, ~xh and ~vKy. par~bl~ w sa~d MORiGAGEE •s ~u inte.~at maY ~pp~u. and ~ach and ~w+y such poliq ihall bt promptly as:pned and deliwnd M
any Mld by wid MORTGAGEE ~s (u~~hN security to ia~d monpsy~ dab~, and, not l~~_ tlwn t~n UO) days in ~dvanc~ of tM ~apir~tlo~ of Nch policy, to d~
Uvw ro aid MORTGAGEf ~ n.~ewal ~herwf, ~ope~h~r witA a ~eceipt fw tM pr~neiwn oi wch re~xw~li and tMh sMll i» no fin o~ wi~tam in~wu~c~
plaad on any of said build~rgs. u+y inte«st the«in a par~ ther~of, unleu in ~M (orm .~d wi~h ~h. ~ow P.yab1. u.fwNaWj and ~ ~M .v.nr any •wn
of mon~y bscanst psy~krk t~st tvch go~tey or polici~s s~id MORTGAGEE sha~l Mw th~ oplion ro nceiw and ~pply ti+~ um~ on acco~nt of tM fnd~bt~ ~
e~s wcwtd h~reby w w pKmit wfd MORTGAGORS ro receiw ~od us~ it or ~ny psrl thereof fw other purpotq, without thM~b~ waivinp o~ imp~iN
kp any eqvity, li~n o~ r iphl undei or by virtw of this mo: t~a~ej u~d fo tM ~vent uid NIORTGAGORS ~h~ll (or any r~awn fall ro ke~p tM said pr~mi~s ~o
inwr~d, p f~l) 1o delivN promptly ~ny of uid policies of imur~nc~ to said MORTGAGEE, ot fail pomp~ly to p~y futly ~ny pr~miwn tMt~fp p In any -
r~sp~ct f~il 1o pNform, discMrye. ~xecur~. ~ff~ct, complet~. com~ty with and ~bid~ by ~hN cov~?ant, w any p~n lwrwf, said MORTGAGEE m~y plaoe and . .
p+y fa such insur.nc~ or any pa.t tM.wf wt~hour w~ivirp a aftectinp any op~~on, lien, puity, a.iphf unda a by virtw of ~ht~ Ma~9p~, ~nd tM {
fu~1 anaw~~ of each and ~wry such p~ymsM shall 1» imrn~diat~ly dw and p~yabb ~nd shall b~a intK~s1 irom th~ dat~ thKwt w~~il paid ~t th~ r~t~ ol
nin~ pM pe?twn p~t a~num ~nd toyether with suth interes~ shall bs secu~ed by tM lian nf this matpa~.
I. To pKmit, ca~oit or wffer ~o wute, impa'ument o? deteriwation of said property a ~ny part tMnof. _
S. To pay ~II ~+d dnpul~r tM cou~. cb+rps~ and expNUea, incl~rdirp a nswnabt~ ~nwnh/s h~ u~d costs oF abanads of Htl~. lncun~d a p~id ~t
any turw by s+id MORiGAGEE, b~cavse w i~ th~ evtnt of tM f~iiwe on the p~N of tM said MORTGAGOR to duly, prompty ~nd fully pKtorn~, d~scl~uy~
•xscvt~, tft~cl, complete, comply w~th and ab~cl~ by each and every the stipulations, apreemenfs, aonditiom, ~nd cownaMS of s~id pomiswry iwh and th4
matyp~ any o? a~Mr. u?d uid costs, cMr~ea and expensas, each ~nd ~very, sh~tl b~ irtwn~di~tely dw ~nd pay~bl~t wMt1+N a not tMr~ be no~iu d~
mand, attempt to colkd w wit p~nd~+gt a~d ~he full amovnt of ~ach u~d every such pa~m.r?~ aMll b~a. intensf fran th~ dat~ tMreof uetil p~id a1 ~ht
r~te of nins p~r untwn per amwm; ard all said costs, thu9es and ~xpenses incwr~d w p~id, royNha with wth 1nt~r~st, sMll b~ s~tw~d bp th~ li~n oi tlti~ -
'noHp~D~• ,
6. 1Mt i~ tM event of u?y breach of thi~ Mortyye w defau~l on th~ part of the MORTGAGOR, w(b) in tM ewnt u~y of wid wm~ of nanty
herein nf~.r~d ro be ~o~ promprly and fully paid within thirty (30) dars next atter IM saen~ xreralty betoma due and paysble, witho~rt de~naed o~ ootic~,
w W in tM ~wnt e~ch a~d eve~y IM stip~rlarions, agr~ement~, condl~ions ~Fd co.~nrnn» of sa~d p.omiaory not~ ~nd tltis maqap~ any a~itMr ~n iwl
iuly. promptly and fully pKfwmed, d~scharged. ~xecured, ~ifacted. cornpl~t~d, compl~ed with and abided ~iy. tMn in ~~tMr a~ny wch ~wM tM uid ap~
prepat~ sum menYqned in said promisw~y note then remaininp unpaid. with interest actrued, and all moneys Ntured ha~bY, aMll betaM dw ~nd piY
•bk forthwith, w thereahea, at tM option of seid MORTGAGEE, •s fully and canplately as if all of the said sums of mawy we~~ oripi~allr qipubted
ro be paid_on svch day. anything in sa~d promiuory note w in this Mwt9sge to tF~e contr~ry notwithstsndinp; and tMreupon at the~~ahK at fh~ op~ion of
uid MORTGAGEE, without notic~ a demand. wi1 et law or in equity, therefwe ar Ihxeaiter bepvn, may be pros~c~ted p if ~11 mon~ys s~a~~l iNreby .
had mifured prwt t0 ita institution• . ~
7. TFwt in ir» ~.~ent that et tlie. beginning of or at any tiine pend'ng ~ny wit vpon tAis Matysye. or M fwecbss H. ot to nfonw N, a to. ~n~orp
payment of any dsirm hereunder. ~aid MORTGAGEE s1w11 apply to. the Cowt havinp jurisdiaioo therwt for tha ~ppointmant of ~ Rea~ivir..~uch Courr sAaH '
Fwthwith appoiM a receiver of said mortyaged property all and sinpvlar, irxlud~n9 atl a++d s~ngulu the incomt. profiri, isiue~ srw' :3veeVSS irOen ~what~v~r
w~ru derived. each m! every of whKl;, it be~ng 'expressiy undcnrood, is heraby inortgaged at if speaficallp set forth and d~wibrd in tM ~~ntlap and
habentkim cla~ses Mtaof, and such Receiver. shall haw dl tt~ brpsd and Nfectivt fvncfions and pow~ts i~ anywise t~trust~d by ~ Cowt t0 a R~,elva, ~nd
wch appointment ahall be made by such Cowt as an admitted equity and a matter of sbsdute ight to said MORTGAGEE, u~d withoul nhrenu to the
adequscy or in~deqwcy of the value of the property mortgaged or to the sohency w insolvency of safd MORTGAGOR p the d~f~ndaMS. ~nd tlut s~ch
rents, profib, income, iuues and revenues shatl be applied by such Receiver according to tM (ien or equity of said N10RTGAGEE a~d tiN practict of wch
Co~rrt.
8. To dufy, promptly and fully perfw~n, dischargt, ex,ecute, eifec?, complete, comply with and abide by each M~d ~wry th~ stipulationf, ~preem~ets,
conditqra and covenants in :a~d promissory r+ote and thu mortgage set forth.
9. Th~t in the event the ownershtp of the mortga9ed premises, or any part tlxreof, becanes wsted M a penon otMr th~n the MORTGAGOR, tl+~
MORTGAGEE, ib wccesao~s and ass~gns, may, wi~ho~t notice to th~ MORTGAOR, ded with such waestot or s~ocetsor in inlenst with nferente to thb
mortpay~ ind ~he.debl hereby secured in ~he sa~ne manner at with Morly~gw withoul in. any way vitutm~ a dwcha+yinp ti~s Mortya9ws' liwbility hKr
under or upon the debt hereby secured. No ssle of the premixs hereby mortpaged ai+d ra forbsaanoe on tM p+rt of th~ MOR7GAGEE a its sueoeswn
w auegro and no extension of the time fa the payment o! the deb~ hereby s~cw~d 9iwa by tM N10RTGAGfE p its wooason.q assip~s, shall op~ra»
ro rclease, d~xhsrge, modify change o~ affect the orig~nat liab~l~ry oi the MURiGAGOR hersia, eitl~ in whob a in part.
10. It h spec~fically agreed that time is .of the eas~nce of this contrad ~rxl that no waive~ oi oblip~tion htnVe~der or of t!?~ oblipation ss-
cvred haeby shall at any time thereafter be hefd to be a waiver of the terms hereof or of the in~trwnent seaxed herby.
11. In add~tion to the fwego:~g monthly paymems o( princ'pa1 and interest required by the promiuory note tetured hereby, mattyagor covenanb
and agrees to pay fo mortgagee wirh each monthiy payrnent an add~rional sum estimated by mortgagee to be eqval b 1~12 of the a~nwl tosf of fhe fdlow- t
ing:
A-All r~al property taxes levied or assessed against the a~ove dewihed real estate.
B-Premiums on fire and windstorm insurance as herei~ requ:red fo be carried on the improveme~ts situate o~ tFfe above deftribed premita.
C-Premiums on such mortgage guarsmy insurance as mortgagee shall from time to time deem fit to cury o~ the loan setured hereby.
Mw~gsgee shall from rime to rime naify morrgagor ~n wtiting of the amount due ~nd paysbk herew~der and wch wm shalt therwpon be due and
payable on the due date of the next monthly payment and exh successive month there~fter until morfga9ee shsll nWify mortgs9o~ of a chsnp~ in wch
amovnt. Such svms ahall be appfied by mortgagee toward the payment of real property fsxes, insurante prem:wns, and morfgage gwranty insur~nce
premiwns. -
WITNESS WH EOF, the id MORTGAGOR has hertunto set his hand and seal the da and
Y Y~a~ fint ifwd+id.
deliver in the preunce of: i
' EwEO wEC~ROEO ~
l ST LUC1E ~~+~NTY FIA.
P.OC'c *~°'RAS ~
~ ' CtE~x Ct :L Utij COURT - ~
stEr^°^ v~` ~~f ~ Delia Mae Johnsaa A A
A
' 9 Il 21 PN ~75 Dealia Mae Johnson
~ STATE OF FLORIOA ~ . .
€ St. [.ucie ~ 316~69
~o~~ ~
{ . . Johnson
~ Sefws rn~ pe~wnally appesred ~
Delia Mae Johnson A/K/A Dealia Mae Jotlnson
the ind'rvidwb described in and who executed the forepoinp instrwnant, and acknowledyed befor~
~w~to m~ well known and krwwn ro m~ to b~
tMy ex~tutsd the sanr for the purpw~s
( .~~d. n~?a :e~ Dealia Mae Johnson A/K/A Dealia Mae Johnson
~ wiis of tM said - K. C. .~O~1I180I1
examinaYan me tsken se rate and a rt from her said hus!»nd, ~cknowl ~ a~~a~~
bY W Pa eclped to and befwe ms tMt shs ex~ut~d ssid iratrument fre~lr ud volw~
p reri{y and witho~?t any compulsion, constraint, apprenension,,g fear of a from hsr said husband.
~ WITNE55 my Mnd and officiat seal thls day of Septeaber D. 19 75 ~
~
~ . Not~ry Public in ~nd for th~ Stat~ of lda ~T Lv~
~ My ~ 4 a4
Return To: ~ •
~ fint Feder~l Savings a loen Associatio~
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; Of Fart P~erce.
~ Fort Pierce, Flo~ida ;~,1~i~j~IJ7; ~ .
~ N ' ~~°~i. ~
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; ~ ~ y~~i .
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C ~ ~F :
~ This Inst~ument Prepared By Robert A. Swisher Jr ~';'~~~r '4 ~
~ First Federol Savings b Loan Association ~ - ' : - . (
~ of Fort Pierce , Rlorida 33450 j: ,v ~J •1' i
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~ Ch~ed ey . , ' :
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~ ~ go~K 243 P~~E1529 . . .
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