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HomeMy WebLinkAbout1973 To pl~ce and conii~uously kaap or+ tM bu~:d~ry~i now o~ heresfter siruaro on seid land and on all equipmant ~nd pasona~~y c~.vr~d by this enatp~ p~. with ~I) pemiums ~hercon p~~d i~ lul4 fire insurance ~n ~he uiual uandard pol~cy form. in • sum •pprov~d by 1Fw MORiGAGEE. and wi~dtto~m infwanc~ i~ ~M uswl ~~~ndard pol~cy fum, in a ~um spproved by tM MORTGAGEE. b+ iuch company w canpa^ie~ ~s th~ MORTGAGEE may dinct~ and ~II iir~ a~d w~~J?rorm ir+suranc~ po~K:ea on ~~y of ~aid bvi!d~rqs. u?y Int~nit tf+K~in or p~n ~henof. tn th~ apyr.~~~ wm ~fa~wid a M~xc~a thereof, ~h+ll conuin ~M ~sw1 s~andard ma~9a~ dws~ u such otF~ dw~ ~s ~M Ma~ga9N m+y rpuu~. maklop tM los~ undN ad polb ci~s. ~~ch and ~v~ry. p~Yabl~ to ~aid MORTGAGEE as iroe~eil may ~ppear, ~nd each and every ~uch policy ~hall b~ promplly uf.pned w+d dNivKed to ~ ~ny Mld by sa~d MORTGAGEE as (unFur security to ssid mor~pa~e debt, ~nd, nW ku tMn t~n (101 dayt in sdvanc~ of ~M expiration of e~ch policy, to dr IivN to aid MORTGAGEE a r~~?ew+l ~hereof, tupe?her w~~h a rece~pl fa ~he prr.oivm of wch renews~r ~nd tFKn sMll b~ ~o fire w wi+?dstam 1~?wr~nce plaad on ~ny of said b~ildi~+gi. any in~eres~ there~n w part thereoi, unleu in Hw form and wi~h tM Ioss payabl~ as ~fwe~aW; u~d i~ tM ~v~M any wm ol morwy bscorne~ p+yaW~ ur~der such policy or policisf taid MORIGAGEE ahall Mve tM option to receive and spply tM sam~ on accouM o( tM ind~bted~ nes~ setv~ed htreby a W said MORIGAGORS ~o receive ~nd ~~s it p any pa~t thereof fw other purpotes, w~~Fwut Ihe~eb~ waiviny w impair irg ~ny puity. lien or ri9hf undar w by virtw of thii mo:tyaye; ~nd i~ ~M evenl s~id MORTGAGORS shall fw ~ny rtason f~ll to kaep the aid premises so ' insured, w fail lo del~va promptly any of said polKies of insurance ~o sa~d MORTGAGEE, or iail promptly to pay fully iny premivm ther~fo~ a in any , respect lail b patum, d~uMrgs, execute, effecl, complete, canply with ~nd ~bide by this cove~ani, w any put ha~of, iaid MORTGAGEE may pl~c~ and p~Y fa such insu~ance or any parl ~he~eof w~~hou~ wsivirg a affectin9 any option, ti~n. pvity, w ripM ur~? w by virtw of thii Mortyap~. ~nd Iht ~ full amo~nl o( tach aod ~very tuch paymeM sfiall be im,mdi+tely dw and payabls ~nd shall bear ir+terost from tiM dat~ Ihereof vntil paid at tM raq nine per cmtum pa annum and to~ether with such interesl shali be secured by Ihe lien of thia mott~s~e. 1. To permit, canrnit a suffar no wasts, impairment or dNer~orat~on of ia~d property w~ny p+tt thtrtof. ` S. ?o pay ~II and unyutsr the coits, charges end expQnses, includinp a reasonabk attwn~y'~ fN and cosN of abitracts of tith, Incvn~d w psid ~t sny time by said MORTGAGEE, becauss w i~ the event of tM fa~lwe on the p+N of tM said MORTGAGOR to duly, prompty ~nd (ully p~rfwm. d~xhar~~, executs, eifect. comple~e, compty with and ab:de by each ar.c3 , ~ery fhe stipula~wns. ~yreemenn. caxlitions, and oown~nb oi ~aid promiuory noro and thi~ mortyape any w ei~her. and said costs, charge~ and expenaes. each and every, sMll be immediatety dw snd pay~ble: whether w not tMr~ b~ notic~ ds~ mand, ~ttempt to coi~ett w t~it pend~ng; and 1he full amounl of eath and every svth payment shall bear i~terest irom IM daf~ 1Mreof until p~id ~t the rare of nine pe? centum pcr annum; and all said cosn, charges and expr~ses incurr~d or paid, togsther with such inta~st. ~!?all be sKUred by tM lien of thia ^'°r~qap°• j 6. Tha~ (a) In the eve~~ of any breach of this Mortyage a defauh on the part of fhe MORTGAGOR, o~ (b) in the event ~ny of said sums, of morwy ~ herein reflFred to be not promptty and fully paid wi~h~n eh~rty (30) days rxxt after the same seve?ally become dus ~nd payable, withoi~t dNn~nd or notits, or (c) in the evem each and every the stipulations, agracmems, tond~tions and covenants o1 said promiuory not~ ~nd th+s morlpay~ any o~ ~ithtr ar~ not i~ly, pomptiy ux! futly perfwmed, d~uhsrged, eaecuted, eifccted, compteted, complied w~th ~nd ab~ded by, tha~ in ather a any ~YCF1 ~WM tIN Mid gregste wm mentio:~ed in said p~omissory note the~ re~ns~ning unpaid, with interest acuued, and all moneys secvred hersby, sMll becom~ dw and pap ebte fwthwith, w thereaiter, at ~hc opt~on of said MORiGAGEE, as fully and compk~ely as if all of the said s~ms of monty wert wiyi~ally st~pufated to be paid on s~ch day, anything in sa:d p.om~uoryr note w in this Mortgage ro the con~rary notwi~hstandinp; and thereupon w d+aeafter st the option of said MORTGAGEE, without no~ice a demand, sui~ at law a in equity, therefore w the~eafter begun, may be pros~tuTed as if a11 w~aNyt s~wred Mteby had maWred pnor to its imlitution. 7. Tha1 in the event that at the beginning of or at any tirt+e pending any suit upon this Mortg+ge, o~ to ~wetb~t N, or fo ttform it, a to enforq paymertt of any claims hereunder, aaid MJRTGAGEE shaN apply to ~he Cou.t having ju~~sd~ction thereof fa the appantment of a Receiver, wth Caxt sF»ll ~t Fo~thwith ~ppoint a receivcr of said mwtgaged property all and singular, includ~ng a~l and singu~ar the incoms, p[ofits, itsws and r~vMUes from whatav~t t source derived, each and every of which, it being expressty understood, is hereby mwtgaged u if specifically ut fwth and dewibed in tM y~~ntin~ snd i habendum clauses hereof, and such Rcceiver shall have atl the broad and effed~ve funct,ons and powers in a~ywise entrustqd by a Cowf to • Receive~, and ~ cuch appointmcnt shafl be made by such Court es an admi~ted equity and a malter of absolute ~igh1 to said NIORTGAGEE. a~d without refercnce to ths ~ edequacy w inadequacy of the value of the property mortgagcd or to the sowency w inso~vency oi said MORTGAGOR o~ fhe defendant~, and thaf such E rents, protits, income, issues and revenues shall be applied by such Receiver accord;ng to the lien o~ equity of said MORTGAGEE and the prattiu of suth Courf. 8. To duly, promptly and fully perfo.m, disctwrge, execute, eifect, complete, comply with and ab~de by exh ~nd every ths stipulaYwns, ~greements, conditaiu a~d covenams in sa~d promissory note and thEs mo~tgage set forth. 9. That in the event the owoe~ship of the mortgaged premise~, w any pKt theceof, becomes vested in a perwn other than the MORTG/1GOR, tM MORTGAGEE, iri succeuors snd au~gns, may, wi~hout norice to the MQRTGAOR, desl with such svccessor oi successor in interest with reference fo this mwt9sge ~nd the debl hereby secured in the same ma~ner as with Mwtgaga withovt in sny way vitietinp or diacha~ging the Mortgagon' liability here- under or upon the debt hereby secured. No sale of the prcmises hxreby mortg~ged and no forbearance on the part of the MORiGAGEE or its successon or assg~s and no eatensior+ of the time for the payment of the debt he~eby secured given by the MORTCaAGEE w its successon or assigro, shall operai~ ro releax, d~xharge, modify change a affect the originat liab~l~ty of ihe /NORTGAGOR herein, eifhe? in whole or in put. 10, It is spec~fically agreed that time is of the esxnce of this contract and th~f ~o waiver of sey obligation hereunder or of th~ oblipatan se- cured hereby shall at any time thereafter be held to bc s waiver of IFK terma hereof or of the imtrwncnt teturtd herby. ~ 11_ In add~tio~ to the fwegc'ng monthly paym~nts of princ'pal and interest required by the promissory nole secured hereby, mortgagor tovenants and agrees to pa~ to mortgagee with each monthly pay.nent an add~rional sum estimated by mortyagee to be pwl to 1/12 of the annual tost of the follow- A-All rea! property taxrs tevied or assessed agaizst the above desaibed real estate. B-Premiums on tire and windstorm insurance as herein requ;red to be carried on the improvements situate o~ tF~e above desuibed p?emi:es. C-Premiums on such mwtgage euaranty insurar.ce as mortgagee shall from t~me to time decm fit to tarry on the bsn setv?ed hereby. Mortgagee shall from t~me to ti~. • nof~fy mortgago. ~n writ~ng of fhe amount due and payable herev~der and svch wm shall there~rpon be due and ~ payable on the due date of the next month!y payment a~~d each successive month thereafter ur.til mortgsgee shall notify mortgsgor of a charge in wth amount. S~ch sums sF.all be appl;ed by mo~tgagee to.vard the payment of reat property taxes, insurance prem:ums, and ~nwtga9e gva?~nty inwrants premiwns. j IN WITNESS WHEREOf, rhe said MORTGAGOR has hereunto xt his hand and seal the day and year fint aforesaid_ j Signed, Sealed and delivered in the presence of: ,/C~ / l ~ j (~-•t~ ~ ~ . erbert R. Ne urger ~ ~ ~ Au ta L. Neuburger ~ ~ , ' STATE OF FLORIDA ~ ' St . l.ucie u- courmr oF Befwe me personslly appeared Herbert F. Neuburger ~ Augusta L. NeuburgeY ha wife, to me well known and known to me to b~ ~ the individuais desvibed in and who executed the fore~e~~,o instrument, and acknowledged before me that thsy exacuted the ssme fw th~ pwpwes rherein exprossed. And the ssid Augusta L. Ne11~uYCJQ!! wife of the said Herbert R. Neuburaer , vpo~ • sepuste and private examinatwn by me taken sepacate and apart from her said husband, sdcnowledged to and befwe me that she exetuted ssid insfniment freely arK! volurt rarily and w~thout any compulsion, consvaint, apprehension w feu of or from her said Fwsb~nd. WITNESS my hand and official seal this dsy of September p. ~q 75 fIlEO AMG RECO ! ~ ST.LUCIE vOdJ~~ L~. Notary Public in aod for the State Florida at lar~ ~~~~~.~i aOCEC. ?;t~TRAS My Commission eupires: r Retum To: CLERx CIRC•J1T COURT . ~ Fint Fedaal Savinga b Loa~ Associarton pE~~; n~~~r.~rir~~.,. .;,~,~:j~~, i ~ Of fort P;erce- ' , fj . . " ~ ' ~ _ ` . Fo~t Pierte. Florida ~ 4 04 PM' 1 ~i /z?~ `~u ~ . ~ ~ /~v ' ~ . ~ V^. • ~ 31S~fi0 .t~ ~ ` ~ : ~ ~ _ . ~ . ~ - - This Instrument Prepared By gpbeYt A. SwisheY Jr . ,~•~~_~r`- . J ~ ~ ~ First Federal Savings 8~ Loan Associafion ~ of Fort Pierce . ,,•'~~J . - ~ , ~ = ~ . • - , Checked B • ' ~l,,_ ,i.~,~` : t ~~i:~r ~Y~ R~GE~•~•~ ~ ~ ~ f ' " . . . _ . _ - ~ . _ _ _ . _ ' ' e _ ~~n.a`w, . ~ -~~y~. ~v'~ -i.''+.~-3n~, J-.'S~ t,5_tKV-.:'.h "~y'".'y ~