HomeMy WebLinkAbout1555 To plau ~nd con~inuovsiy tKp on ~I» bv~:d~nps now a M~~~ha weus~~ on ~a~d land ~nd on ~il puipm~M ~nd pNSOnally eowr~d bl? IAh nwr~
ay~, with ~II pr~mivms thereon paid i~ fuli, fira insv~~nce in ~M v~wl ~tandard policy fonn, in ~~wn approv~d by tM MORiGAGEE, ar~d wind~rorn~
tnwr~na in th~ uiwl ~tanda.d pol~cy form. h~ • sum ~ppcov~d by iM MORTpAGEl. h~ wth comp+nY a oomp~nia a th~ MORTGAGEE nwy
dinc~J ~nd aU fin u~d wied~arm inwcar.~ pa!is:-~ ~+w ~+.Y ei .+fd bulidinp~, a~y Iehn~~ ~IwrNn a pan tl~r~of, M tIN ~p~/p~q ~Y~I iMtfMW Of ~
fn uca~s tFwwi, shall conuin ~M uwal srandud mor~g~ps~ clwN w wd~ phu daus~ a th~ MapapN m~y rp~in, nwkk~p ti» loa un~M~ ~aid poli~
cbs. ~ach Md ~vNy. WY~b1~ a said MORTGAGEE ~s iu tnt~ost m~Y +PW~~. and ~+ch and ~w+y ~~cA policy ~M~all b~ pompllp at~qMd w~d d~liw~~d te
~ny Mld by said MORTGAGEE af twtMr security to said mortpap~ debt. a~d raf IN~ than 1M l10) days in advanc~ ot tt+~ expir~lion of Nd+ policy, ro da
IivN fo taid MORIGAGEE • reMwal tM.eof~ top~~!?N wi~h a rec~ipl fw /M prKnium of wch r~exwal~ u~d th~n ~h+ll b~ no fih a windstam inwru~t~ (
plaoed on ~ny of s~kl bvildinpi. ~ny intQrest therein ot psrt tMteol. voleu i~ tIN fam u~d wi~h tM lou payabl~ as afw~saldj and In tM evMt ~e?y swn : j
of ~y b~comq payabl~ w?dK wch policy w policies ~id MORiGAGEE shall Iww rh~ op~ion ro nceiw a~+d apply th~ s~rew on auouro of tM Ind~bts~ .
n~a s~tw~d i~~r o~ b pKmit said MpRTGAGORS ro reosiw and u~ N a a~y psrt th~reof fw other pu.poaes, wi~hout ths.eby waivinp a anpai.-
inp any puity, li~n a ripht u~der a by vinue of tAa mortpap~t ~nd in tM ~vMl aid MORTGAGORS sha8 fw any r~awn f~ll w kNp th~ s+id pr~niNS w t'„r
Iiaured, a f~il 1o d~livsr promptly ~ny of uid polici~s of insuranp to said MpR1GAGEE. w fail promptly to p~y fvlly any pr~mivm th~nfor p in any
r~sp~ct fail b pKfonn„ dixMry~, ~x~cut~. ~ffect. compkte. comply with sr~i i LL:....~-~.:l, er ~+y ~,wf I~ereof. said MORTGAGEE m~y plau +~+d ~ r
paY tor such Imwx~u w~ny p+rt Ihereoi withwt waivinp a aff«Iinp anr oprion, (i~n, pulty, w ~ipht undN or by virtw of thk Maty~. ~nd tM '
full unovo~ of s~ch and ~wry aoch payment shall b~ immedistety dw aed payabl~ and shall b~s~ intae~~ from tM dat~ th~reof uroil pak! ~t th~ wt~ ol
niM pN centwn pN ar?rwm and foyether with wth inferost thall be tecvred by the tiM of this mortp~. . t
To pKmit, coav~~it or iufier no waste, impairment a deter'arNion of uid property a any p+rt tMnof, i
S. To pay sll aed sirqula th~ co~b. clw9es x+d expensea, iocludinp • reawn~bb anorney's fN ~nd cosb of ~bsnacti o~ Ntl~, incurr~d a p~W ~f
a~y tim~ by.s+id MORTGAGEE, bscaus~ a in ~he ewnt of 1M f~ilwe on 1M p~N of tFr s+W MORTGAGOR to duly. prornptly ~nd fiilly pNforn~, dischar~
~xecvt~. ~ff~ct, oornplete, comply w~th and ~bide by each se~d wery ths stipulatiau, preements, to~ditions, and cownanb ot s~id pomiisory nob and thif
mon9ap~ ai+y a~i~t».. and ~aid costs, chupes and ~xpenses, each and every, ahall b~ imm~diately dw ~nd p~y~bl~~ whe~h~? a not thu• b~ not~a d~
manel, attNnpt ro cdkct a wit pend~ngs aed the fvll amouM of auA ~nd wery svch payment sh~ll be~r imer~at from tM da1~ tFwwf u~til pafd ~t tM
raitti~y4 pe. cenrwn per ~mwm; and all said costs, ch~r9es and exp~nsea incwr~d or paid, top~tl+N with such int~rpt. ~hall b~ s~turd by th~ li~n of thi~
~p~
b. Thaf W Fn tM wMt of any breach of this Mortpape a d~Sault o~ the p±A of t1±s M,f?4irAC,Qil; ~r (6) L, tM wwnt a~v of s~id wm~ of nwn~y
her~i~ nfared to b~ not promptly snd fully paid within thirry (30) d~ys next aftar tlk same teveralfy becane dw and payabl~, wifhout d~mand o? notiu.
w W in ~h~ eveM ~ach ud evsry the :ripuluam, ag~eemems, conditions and cov~nants cf iaid promissory not~ a+d Nds mortpap~ any a viNw an na
i~ty. p?anptly and fully p~rfa~ned, d~sch+rged, executed, effected, completed, complwd with ~e~d ~bided by. tMn in ~itFw~ ot u~y wd~ ~wnl 1h~ said a~
pre~at~ wm mtntioned in said promiuwy ~ore inen ranaining unpaid. with i~terest acaued, and all moneys acu~~d hertby. th~ll b~coieN dw ~nd p~y-
+ble forthwith, a ther~aite~, at ~he option oi aaid MORTGAGEE, as futly u+d compktely a~ if all of the said wms of mo~+ey vwre wpindly stipvlated
ro bs paid an wch day. anything in sa~d prom~uory note w in thh Matya9e ro the contwry ratwithit~ndinp: ~nd ther~vpon a tMt~aher ~t tM option of
said MORTGAGEE, without rarice o~ demand, suit at law w in equity, thereforo or thereafter bequn, may be p?osscv»d r_if all nwneys wcw~d Mrtby
hsd m~tuted priot a in i+ulitution.
7. Th~t in tM eveat Mat at tM beyinning of or at sny time pend7ng any svit vpon this N4atg+ge, or~to foncloi~~lf. ot~tp nform N, o~ ro~nfora ~
payme~t of aMr cbims he~evnder, said N10RTGAGEE sMtl apply to the Couh having j~risdiction thereof for tM s}1poi~Mp~.M of,i:R~qiwr, suth Courf tMl)
fo~thwith appoint a receiver of said mwtg~ged property all and sirgulu, includ~ng all and sW+gulu tM incom~, .prdfilr, •istw~ iFd /twnva frpn whatwK
wwca derived, each and every of which, it be~np expreuly ~nders?ood,'is hereby ma~gaged as if tpedfiully ~et forth and di~c~tbed N th~ prMtlnp ~nd
habendwn clauses hereoi, uul sucF~ Receiver thatl Mve •11 the broad and efieuive funcrions ~nd powen in anywise emm~ted by ~ Cowt ro a R~piwr, ar~d
:uch appointment shall be made by wch Court as an admitted equity ~nd a maner of sbso~ute rght to s~id MORTGAGEE, and witho~t refersntt to th~
adeqwcy or in~dequacy of the wlue of the propery mortgayed or to ~he w~vency or insolvency of said MORTGAGOR p tM defendaMS, u~d tMt such
rems, profit~, income, iuves and revenues shall be applied by such Receive~ ai~vfiu~~y~ t~ tha lien or equity oi said MOR?CsAGEE and the pradiu of wth
Court.
8. To dufy, promptly and fully perform, discharge, execute, etfect, complete, comply with and ~bide by each and wery tht stip~latio~a. yreern~nts,
conditions and coven~~ts in sa~d promi:swy note and this, mort~age ut fwth. ,
9. That in the event tF~e ownership of tM mortgaped premixs, or sny p~rt ihereof, becoenas, vested it~ a perwn other than th~ MORTGAGOR, th~
MORTGAGEE, its succeuas and ~u;gns, msy, without notite to tTie MORTGAOR, deal wilh iuch wctesfw oi suctessw in interest with refer~nc~ fp tbis
mw~p~ge and ~he debt herebp secwsd in the same manner ~s with Mortga9w without in any rrsy `vltlsiinp or d~scMrpinp the Mortpayws' li~biliry twr
under a upon the debt hereby secured_ No sale of the premises hereby mwtsayed at,d ra forbear~ios on tM part of tl» MORTGAGEE a its suaessws
or aug~s and no extension of the ~iine io? the payment of tF~e debt her~by secured y'iwn by ths NWRTGAQEE or ih aucuuon w ass~pm, shall operat~
ro rekase, d~schar~, modify chaoge or affen . the wiginal : tabiJ~ty of tl~e MOitTGJRGOR hwsin, eifMr in who{e or 1n put.
10. It is spedficatly' a~rNd tlw ~in+~ is of the esscncY oi tha canract snd thst no waivq of srry oNigatan hereunder or of th~ obli~ation ar ~
cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of the instrument setwed herby. ~
t 1. In additia~ to the fwego:~g monthty payments of princ'pal and inte~est required by the piomissory note secvred hereby, mortgagor cov~nsnb t
and agrecs to pay to mortgagce with each mon;hly payrnent an addiriona) sum estimated by mottg~gee to be eqwl to 1~12 of tha annusl tott of the fdlow- ~
'ngc
A-All ~ea! proptrty taxes kvied w sisessed against the above desvibed real estate. ~
B-Premiums on fire and windstorm insurar.ce as here+n requ~red to be carried on the improvemer?b sitvate on the above desuibed premises. E
C-Premiums o~ such mw~gage gvaranty insyrar~ce es mwtyagee•sha{I from trne to time tleem fit to urry on the bsn secvred_hereby. ~
Mwtgagee shall from iune to time notify morfgagw ;n writ~ng of the amount due and pay~bk hereunder and such wm shall thereupon bs d~e and
payable on the due da?e of the next monthly paymeN and each successive month thereafter urtil mortgagee shall notify matyagw of a thanpe in wth
amount. Such sums shall be applied by mortgagee toward the payment of real property taxes, insurance ptem;ums, and motty~pe ~uua~fy inwrance '
i
prerti . ,
ITNESS W id GAGOR has hereunto set his haod ar+d sesl the day and year first ~forasaid. ~
' ned, in presence of: ~
fILEO 1?N~ ~IECOR0E0 , ~ ~
' - - - • - ~ - ST.l11CiE CO~ TaAS~A. al L, teYaan ~
i RO~~R "
CLER!~ Ci?CUi~ COURT v~,CtOYia H• ~
~ REC4P.3 ~cP.iElE9..++r"' DlxQtidD
{S~i!!
j STATE OF FLORIOA 12 58 eM
~ couwnr oF St . Luc ie ~ a~v~.~ ~
~ _ Befwe me ptrsonally.sppeared DOI'ldlt~ L. ~t@YaaI1 -
~ Victoria H. Deteraan w;r., eo m. W.n luwwe+.~a w+oum +o m. to b.
~ the ir?dividwl~ described io ~nd who executed tl~e foreparg i~utrument, and ~dcnowtedped befon m~ that th~y txecuted tM sxr» fw th~ purpos~s
therein expreued. And the sa~d Vietor ia H~ D~teraan :
~ wife ~ rh. ~.;a Donald L. Dete~an
i examiMtan by ms taken se rate and a rt from her ssid hvsband, adcrawl . upon s stpante u~d priv~M
~ pa pa edged to aod befae me that shs executed s~id irotrumeM fnely ~nd volu~r
~ tarily and without any computsan, constraint, apprehsns~°~~~
feu of or from her asid husband.
~ WITNESS my hand and offic~al seal thi. ~r'"~ day of Senteaber . A. D. 19
7~
; ~ i
e
; .
~ Nwary Publit in snd fw tlw Stat~ of af Larp~
t '
Retum To: . My Commiuion e:pirss: .
Fint Federal Savings 3 loan Association .
! Ot forf P~erce.
'
foA Pierte, Florida ~ , , , , .
€ , i .,``~j~~ ~
~ _ , i~~,
~ 1y_ !
~ .
~ . ~-y /~.Y.
~ This InstrumeM Prepared By Do~ald 8. Nughes . ~ ~ ~ ~ ~ 4 ~ y:.':'
~ First Federal Savings & Loan Association - ~ :
~ • o rt Pierce, Flor ida 33450 = . ; ` ; f k~ ~ _
.
' ~
0 R ~.~=.~T~l,~,~~,~ ';~t=
~ ~h~~ By ~ s~x243 ~~15~i~ ~
¢ - . _ ,
~ .
~
~ ;
- u,~ . _ _ ~ - e-~~ - -
~ ~ ~
-
~`4
~~_5~:.'+~