HomeMy WebLinkAbout1547 To pl~ ~++d con~awa,sly k~ep on ~he bu~!dugi now a h~reahe~ uw.?. on ••~d tand .nd on •II p~ip~.n~ .nd p.noo.lly co~...a by daa maq~
p~. with dl pr~mwms therwn pa~d io fvll, ii~~ insuranu i~ ~Fw u~wl a~nda~d policy fam, in a ~um ~pprov~d by th~ MORTG/?GEE. and wi~d~~orm
lMwanc~ in tM v~ual ua~dard poiiq fo~m, in a~um app~ov~d by ~M AAORTGAGEE, in wch oomp~ny w oomp+nia a th~ MORTGAGEE ~y ~
dihttt and all f4~ W+d wind~~o+m ins~ra~c~ policia on a+y of said b~?ildN?ps. ~nr inter~s~ tM.~in w part tFwwf~ M? tlr ap~pr~~ swn afwpaid w;
In ucqss thawi, sMll contain tM uswl ~~andud margapN clsuN or such o~hu ciaw~ a ~M MwqapN may rpuu~. makinq th~ bu vnd~r s~~d polb
ci~a, tatA and ~vNy. p~Y~bl~ b sa~d MORTGAGEE as ilt interesl may ~ppear. and .,cn and .v..y such po~icy •hau b. p~omn~h +.s:~.d +~+J d.iwK.d a
~ny h~ld by said MORiGAGEE as funher security to uid mortgag~ debf, and, not t~ss th~n Nn (10) d~ys in dv~nu of th~ ~xpiration o) ~+ch po~ky, ro d? _
1ivM ro wid MORTGAGEE a rMewal ~he~eof, toye~ha with • reca~pt tw IM pnmiwn of such r~wal~ u+d tl+tn sMll b~ no fin w wind~~am insw~
plaad on sny oi ~aid b~ildinps, •ny imere~~ ~he.ein w part thtreof, ~~leu 1n tM fo~m ~nd wi~h Hw loa payabb u~foraaidt N+d M th~ ~wnt ~ny wen
of mwNy bc~ore,~~ payabl~ ue+der ~uch policy o~ polkiK said MORTGAGEE sMll haw tM optan to receiw ~nd applr tM tun~ on acwwu of tM tnd~bted~
n~ss s~cu~ed Iwr~by w fo p~rmi~ ~aid MORTGAGORS to feceivs a+d vse h or ~ny put tlKreof tw othe~ pwpos~s, wUhoul thaeb~ w+ivinp o~ impak-
iep u?Y puiry. lieo a riyht uad~r a by virtw of this mwfpaye: and In tM ~v~nt ~aid MORTGAGORS sh+tl fp am? r~ason iaU to kNp tM s~id pnmiNS w~~
iruv~ad, a iatl a cklive. promptly ~ny of said polKros of insuranct Io said MORTGAGEE, or (~i! promplly to pay fulty ~ny prtmiwn tMr~tor p ln aeqr -
r~~p~ct f~il b p~.(wm, d~xMr~e. ~xecut~, ~ffed, compler~. comply wi~h a~d abids hy this cover+aM. w ~ny pu1 hK~of, s+td MORTGAGEE r+wy plao~ and -
pay fa such i~uurancs or any pan ~hereoi without wsivirg a ~ffec~lrp any optipy li~n„ pvity, a rcpM unda a by vthw of this Mortya~, ~nd t!n
full amo~ot of ~ach and ~ve.y wch payment ~MII ba immedEatsly dv0 ~rsd p3y3blt 3nd al~1! lx3t interest from the dats theraof until paid u iM rats o! ~
nins pN tM?tum pN uawm ~nd to~ether with t~rth interost shall bs sacured by ths'IiM Of_ this mOrtppt. ~
4. To permi~, oommil w wffa no wasts, impairmeot o~ dettrioration of said ptoperry o? sny put tl~eof. ~
S. To pay ~II ~nd sinpula~ th~ cwn, chupes and ~xpen~es, includinp ~ n~soMbt~ ~ttae»y's fN and ootri of ab~h~eM of titl~. incur~~d a p~W at
any tims by said MORIGAGEE, b~caus~ o~ in the ~wM of tM ~faiture on ths p+N of th~ aid h10RTGAGOR b duly, prompNy and fvlly p~rfor~A, diKh~
sxccuta, tffect, compkt~, comply w~th snd ab:de by each and every ths stipula~ans, .~.amenrs, condi~iax„ •nd cownann of ~ad promiiwry noh and ~his
matpap~ ~ny a ~ithe~, and sa~d cosq, charpes ~~d expsrues. each and ~very. iMll b~ immed'ately dw ~nd payabbs whNFw a rat tMn b~ notip d?
muid, ~nempt fo to1kN or iuit pend~~?g; and rhs futl amount of each ~nd wery svch paymem ~hsll bea. interNt fran tM dd~ tMrwf w?til p~id n th~
rate of nine pe~ ccntum per u?num; and al! said cosn, charg~s and expenses incwr~d w paid. MpethK with suth int~rNt, sMll b~ uwr~d b~l th~ fi~n of Mi~
mortp+pi.
6. That in the event of any breach of this Matga9e w default on tFr pan of the MORTGAGOR, p(b) in tM ~w~+f ~rry of wid sums of monty
herein referred to be not prompfly and f~lly paid within thirty (30) daya next after the s~me sevtrally beton+~ dw ~nd payable. wilhout demand or notite,
or i~ tM event ~ach ~nd wery Ihe ~tipulations, agreements, tonditia» and coven+nn of sa~d p.omissory not~ snd tMs morqp~ ~ny a~ith~r u~ no1
ivly, promptly u+d fully perfamed, d~scMrped, execvted, sifec~ed, compkted, complied with and abided ~iy, Mw? in eitFw a any svch wem tla said ap~
pregst~ wm menta~ed in said promiuory note the~ remaining unpaid. with iNCrest atuued. ~nd all ma~tys securyl~-~+ ~bY. sh~ll b~ton~ dw and pay~
abk fwthwirh, a thereafte~, at ths option of said MORTGAGEE, as fvlly and completety u if all of ths said wms of~fiqMY wen wipindly stipulNed
to bs paid on s~ch day. ~nythi~p in sald prom~ssory note or in this Mortgage to the contra~y notwithsqndinp: ~d lhawpon'~•ther*ahsr N tM option of
said MORTGAGEE, without nor~ce w demand. suit at law or in equity. tlx.efwe a thereaher be9un, msy b~. ~jo~iwMd ja if all ~mon~gr~ yscw~d Mttby
had matwed prar to its inslitution. . . . . • , ! t.•,- . f , ,
7. That in the event thaf at the begi~ning of or at any time p~ndi~ any wit upon tha Morty~g~. or b foi~tlor dr hfw~o i~; b~ to ~nfora~
payment of any tlairt» herevnder, said MORTGAGEE shsll appty to the Cour~ hsving jurisdrction thereof for the ;ppoinfin~n~l d.~t~0~t,'sud~ Co~A sl»II
fathwith ~ppoint s receiver of uid mort9agad property all and sirgular, includ~rg ~II and sinpular tht incd.~+e, profits, iswes and~r~rM~~frQn+ wMt~ver
source 3arived, each and every of whKF~,-i~ b~ing expressy undersiood, is heraby mwtpaped at if spetifically ~et forth ud dswib~d in~la,~ranpnp and
habendum clauus hereof, u~d s~ch Receiver ~hall have ~II the boad and effective f~n+ctions ~~d powers io anywise entrusted by ~~ourt ro a'R~p~vN. `uid ,
tuch appointment ahall be made by ivch Coutt as an ~dmitted eq~ity ar+d a mattN of sbsoluta ttyht to taid N10RTGAGEE, and without rehrenoe 1o th~. ,
edequacy a inadeqwcy of tha valw of the propevry;mwtpaged w to the savency a iowlvency of said MORTGAGOR or tAe d~fendant~. snd thst such
rents, profits, income, iswes and revenues shall be app~ied by such Receiver accwding to the lie~ ar aq~ity of said MORTGAGEE ~nd tl~ practios of suth
Court.
F
S. To d~y, prompHy a~ fully pe~form, dixha~ge, execute, eftect, mmpkte, comply with and abide by each u~d ~very tM stipubtior~, apreem~nts, j
condirions ~nd oover~anrs in aaid p.omisswy note u+d ~ha mongage ser farh. . ~ 4
9. ihat in the event the owoership of the mort9syed p~emises, w sny p~rt thereof, becaMS vested ~ s perwn other tMn the MORTGAGOR, tiy t
MORTGAGEE, in wccessws and auigns, may, wi~hout nor~ce to ~he MORiGAOR. deal wirh such successor or succasor in iuqr~st with refs.e~ ro this !
mort~ap~ and the deb~ Asreb~r s~cvred in the same msnner ~s with Nbrtgagw wAhout h ~~y w~y vifiat&~p w c~isch~ryirg th~ Mortpapas' Ii~biRty Iw? ~
urder p ~pon the dcbt her~by secvred No sste of ~hs premises herebr nwnpaged and.eo forbearu,ar on th~ pu~ of tM MORTGI?GfE or in wiot~sson f
w+uig~ and no extension of the time iw the payrrKn~ of the debt hereby secuted qiven by 1M NIORTGAGEE w in sucoeasoa or ass~ns, shall,op.nM ~
ro roleafe, dixMrge, modify change w affect the orig~nal Itability of the MORTGAGOR Mrs~n, titMr in whole a in put. ~
10. It h spedficalty agreed tha~ time ~ is of the esxnce of this contrsct and tMt no wsiver of any obligatioo hereu~der or of ths oblipatan sa ~
cured Mreby shall at ~ny time theresfror be held ro be a waivar oi the terms htreof or of tM Lutruma~t sscwed M~by.
11. In add~tion to the forego:ng morsthlY paYmems of princ'p~l and interest ~equirod bp the promissoty rale'setwed henby. mortpsgor. aov~naeb
and agrees to pay to mortgagee with each mon+hly payment an add~rional sum estimated by mortgsgee to be eqwl to 1/12 of ths amwal cost of the follow-
ing. .
A-AU real property tazes kvied or assessed agai~st the above described resl estale. .
6-Premiums on fire and winJstorm insurarsce aa herein requ:red to be urried on the improvements sitvate~on t!M sbove destn'bed premisss.
C-P~emiums on such mort9age 9uara~ty int0?ance as mpngagee shall from time ro time deem.fif to cariy bn ths ban ~eaned ~ereFiy.'
Mortgagee shail from time to t~me ~oi~fy mortgagw i~ writing of the amounr due and paysbl~ hereunder and suefi w~n ahstl tMr~upon be:d~le and
payabk on the due date of the next monthty payment a~d eath successive month thereafter until morfqapee shall notify matsagw of a cha~y~ in wch
amouM. Suck svms shall be apptied by mortgagee toward the payment of real property taxes, inswance premiwns, and mortysge yusnnry Mwnnca
premiums. .
IN WITNE55 WHEREOF, the wid N10RTGAGOR has hereunto set his hand and seal the day ~ad yesr firsl ~forp~id.
' Signed, Sealed and delivaed in the presence of: . - t
FaEO ~Kn F.ECOaoEO
~T. LUCIE ~OuNTY F~A. - 4 #
• ROCE~ ~o~'R~S ane D. Waters, a wfdvw ~ein ~
~ ' C.ERK C:~~i~17 COUAt ~
~ RC;`±•Rtt':~%'.!F!~'L` IC.~n ~
1
STATE OF FLORIDA
f S~? ~ IZ s~ PM'75 316~.~'~8 ~
` counmr oF St. Lucie ~
~ defore me perso~slly appe~red Diane D. Watezs, a widaw
~ hir~if~, to me well known ~nd knowe to me ro b~
the individual described in and who executed the faegoing instrument, and acknowled~ed before trw that Stl~ex~tvled the sams for th~ pwpw~s
C therein txpresssd. AwiNr -_!J
S
~ w~is~f~Fw~wi~ vpo~.an~p~M~~~d.psirw
e~wiwiwMiwrb~r-w~e~MMiewxTwa~~ wwl~parl~fra~Fier ssld~fiesbw~d ~adR~v~ledged~e'~~RMfl10~l~IR^ffdr=116~Aleloldll~~id 1Nltf01l1l1R 1HNy~R1~ ~AUlE~
~ wailp r~d.w'~W ~ww.M~~i~~r.c~n~t~sieb ~~peMww~wr ~w ~F w~owr~wrwid ~wYand~
~ WRNESS my h~nd and official sesl thia ~ dey of Septeaber A. D. 19 75
~ /.7.
~ cD Notary Public in snd fa the d Florid~ ~t Larp~
'n^, ~ S~~ E 0 F F L fl R I CJ A~ My Conrnission enpires: , ~ f.~~• 7`i
~ T•Z _ OOCUMENTARY ,--~.,~STAMP iAX;
~ UEPT.Of REYEMUE s :
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~ This Instrument Prepared By Oo~tald 8. Hughes _ •
First Federal Savings b Loan Association :..f tJQ s~~ ~ f_ `
~ o rt Pierce, Rlorida 33450 ~ ' ?
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~ Checked soox243 PACE1547
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