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HomeMy WebLinkAbout2287 To pt~c~ and continuously k~~p a+ th~ bui!d~r+gi now w Mr~~it~,~ c:;~ata on uid land and on all equiprn~nt ~nd p~no~ally cownd by this mortp~ p~. with ~I) pr~miums thereon paid in fu11, (ire Insuranc~ in ~Fw ufual tu~rd poticy form, i~ •~urn ~pp~ov~d by 1!w MORTGAGEE. ~nd wintktwm ~ 1 i~uruua «ti tt,~ ~i.w{ u.~~.l~~d yul:~y torm, ie • sum approv~d by ~M MORTGAGEE, in wch tompM+y w compa~ia a 1M MORTGAGEE m+y dindj and aU fk~ and windatorm i~ivrancs policies on ~ny of uid bvild~npf, ~~y inMa~l 1Fw~in a part tMrwf, in th~ pprepaq swn ~fa~s~W or In ~xc~ts ~hertof, th+ll contai~ ~M wwl qandud rnor~gapa~ cl.us~ a such o~lwr ciwN as tM Morp+~» a+ay rpuwn. ma?inp tM Iws wid~~ sad polh d~s, each u+d ~vKy. par~bl~ to uid MORiGAGEE a~~s ~nrerest maY ~ppea~. N+d each and ~wry wch poliq shall b~ p~anpNr ps:9n~d and dNivred ro any h~W by ~id MORTGAGEE ~s (w~hx sccurity ~o uid mor~9afl~ debt, and. not I~s~ IMn tM q0) d~ys in ~dvanc~ ot tM ~i~~st:vn of ~~ch policy. 1o dr IivN ro uid MORTGAGEE ~ r~newal ~he.eof, tope~Mr wi~A a receip~ fw ths pr~miwn of wch renewalr and tlwn ~hall b~ no f'a~ a winda~o~m insuranc~ ~flKfd O11 My Of wid butldinpi, any iorereit ther~in or p+rt thereof, unleu ln ~M (am ~nd with ~M loss payabl~ a ata~s~idj ~nd to tM ~ve~~ ~~y wn+ ~ of nwn~y becar»~ payaW~ undM wch poiicy or pola~es s~~d MORTGAGEE iAall Mw ~M option ro~ec~iv~ ~od ~pply tM ~ on auowN of ~M ind~bted~ ° n~a secw~d Fw~~by a b permit uid MORTGAGORS to roceivs and v~ it a any psr~ th~reof fu other purpose~, wi?hout ~he.eb~ waivi~q a imp+ir- inp any puity, li~n or righl unda w by virtw of this morspa~e; and ia ~M ~wnt N~d MORTGAGORS sMll fw a~y naan f~il to kkp th~ sald pr~rt?isK w Inwred, a fatl lo d~live~ promp~ly any of said policies of insuranc~ to iaid MORTGAGEE. or fail promptly to p~y fu11~r ~ny pr~mwm tMnfor or in u?r r~s~rrci ii~s w~tiwm, dixharye, axecute, sffxt, COrt~PI~fO, comply with a~d abid~ by tFw tovsnsnt, w any puf Mrwf, uid MORTGAGEE m~y pl~oe and pay fw such inwrana or ~ny put ~h~reoi without waiv~rg w aifectfnp any opt~oA, 1'~e~, pu~ty, a riyAt ~nder a by virtw of thts Mortpap~, ~nd tM iull amount of each and every i~ch p~yment ihall be immrdia~ely dw and p~y~ble ~nd shall bear i~t~reit from ~h~ dat~ ~herwf until paid ~t tM r~1~ 01 ~ nir» pK c~~t~m pK annum and to~ether wifh such inte~es~ shalf be iecured by 1M lie~ ol this mort~ap~. 1. To permit, commil w suf(a no waste, impairment a deterioration of u~d prope.ry w~Mr pah ths~wf. ~ S. To p~y all aed sinyular tM cwh, cMrges ~nd expenses, indudirg ~ re+sonabl~ ettan~y s fe~ and wsb of abshacts of Ktl~. ineurt~d w p~ld N •ny tim~ by ssid MORiGAG:E, becauss o~ i~ the even~ of ~hs tailure on tFK part of tM s~id MORTGAGOR b duly, promptly end fully p~rform, dischKy~, execut~, effsct. complete, comply w~th ar+d ab~de by each and every the itipulet~o~s, spreemenb, conditio~s, u~d cowrwnn oi s~id promiuo~y ~ot~ and tFw mo?tpap~ any or ei~ha. and u~d cost~, charyea and expenses. each and every, sMll be immediatcly due aed p~y~bl~t whetMr or not t1+N~ be :~=.:a mand, attempt to colled p suif pe~d~r+g; snd the tull amoum oi e+ch ~nd every such payment ~hsll bs~. intenst fran th~ daf~ tlKreof vntil paid af tht rata of nins per centvm per am~um; and all wid oosts. charget end expenses incvrred a paid. logetha with suth imK~st, aMlt b~ s~twed by 1M lien of thia i ~na.Q.. w~~: ~a N~-~y l~:a 4lwtgsge a de(wft on the pan of ths MORTGAGOR, a(b) in th~ event ~ny of s~~d swns of mor»y he?ein ~eferr~d to bs not promptly ~nd fully paid within thirty (30) days next after th~ wme severally betome due and pay+bk, withoul d~mand o~ notite, o~ in ths event each and every the itipulations, agreemcnn, condi~~ons and cove~unts of ss~d promiuory not~ ~nd th~s monppe a~y a ~itl~ u~ no1 3uly, promptly snd fully perform~d, d~uharged, executed. effccred. campkred. compl'~ed wirh ~nd abided by. then in ad+er a sny wch twM tM said a~ pre9ate wm mcntioned in said promiuwy note then ~ernaining unpaid, with interes~ acaued, and all moneys sacur~d i+H~by. sMll becoin~ dw ~nd p~y~ abk fwthwith, o? thereafter, at the option of said MORIGAGEE, as fully and compleiely as if all of the wid wms of money wer~ orgin~lly alipulaled to be paid on svch day, anythi~g in sa~d pranissory noee or in this Mortgage to ~he cortrary notwiths~snding; and ?hereupon o~ thereahK at the option of said MORTGAGEE, withow notice or demand, suit at (aw a in puity, therefwe w thereafter begun, may be proeecvted ~s If dl ma~ey~ ~cvnd her~by had m~ttxed pnW to in irolitution. 7. That in the event that ~t the beginning of o~ at any lime pending any svit upon this Mo~tpape, w ro foncloN it, o~ b nfwm it w fo ~nfwp payment of any claims hercunder, said MORTGAGEE shall apply to the Gov?t having jwisd~ction thereof fw 1he sppoi~tment of a Receiw?, u?th Court tMll fwthwith appoiM a receiver of said mortgaged propertr all and airgular, intlud~ny all and singular tFr income, profits, iswes and nwnuls from wi?atever wwce detived, each aod every of which, it being expressly understood, is hcreby rtwrtgaged u if spec~ficdly ~t forth and described In tM printinp and haber~m clsuset hereof, ~nd such Rcceiver shall have all the broad and efiect~ve funcnons and powers in anywise entr~st~d by a Court to a Receiver, and tuch appointment shall be made by wch Court as an admitted equity and a matter of absotute right ro t~id MORTGAGEE, ~nd without referencs to fhs ~ edeqv~cy w inadeq~acy of the value of the property mortgaged w to the :olvency or insotvency of said N10RTGAGOR a fhe defandants, and that ~uch rents, profin, income, iuues and revenues shall be applied by s~ch Receiver accord~ng to the lien or puity of said MORTGAGEE and tF?t p~actitt o( such CouA. 8. To duly, promptly and i~lty perform, dixharge, e~eecute, eifect, compkte, comply with and ab~de by each and ~wry the ttipubtion~„ preeme~ri, condita~s and covenams ~n sa~d promissory nots and thw mongage set fwth. 9. Th~t in the even! the ownership of the mafgaged premises, o? any part thereof, lxcomes vested in • p~rwn ofher than ths MORTGAGOR, th~ MORTGAGEE, its succeuors and auigns, may, withput notice to the MORTGAOR, deal with wch succeuor w sutceafo~ in ~nterdt with reference to this mortgage and the debt hcreby secured in the same man~er as witfi 1~lortgagw without in ~~y way viti~tirg or diuMtgirq ths Mort~agors' liability her~- under or upon the debt hereby ucu~ed. No w~e of ~he prem~xs hereby moAgaged ~nd no forbeeranot on th~ part oi th~ MORTGAGEE w iri successors or sssig~n and no exrension of the time fw the paymenl of the debt hereby setured ~iven by tM MORTGAGEE p ib succ~sloa or assiyns, sfiaN oparatt to relcau, d~xharge, modify change or effect the o~ig~nal Gan~Gty of tFx MORTGAGOR herein, either in whole w io part. 10. It is. specifically agreed thar rime is of the esunce of this contract ~nd tFWt no waive? ef aay tsbligaYae herevnder w of ths obliy~fion s~- cured hereby shall at any time thereafter be held to be a v~aiver of the te~ms hereof w of the instrumeM ietvred herby. I1. In add~tion to the fwego:ng monthty payments of princ pal and interesi required by the promissory nole secured hereby, rrwrtg~gor ~pven~~y and agrecs to pay to mortgagee with eacfi monthiy payment an add~eional sum estimated by mortyagee to be eq~al to 1/12 of tbe annual tost of fhe follow- 'ng: A-Ali real property taxes levied w assessed ega~~st the above dexribed rra~ estate. 8-Premiums on fire and windstorm insurar.ce as here~n requ;red to be tarried on the improveme~ri situate on the +bove destribed ptemises. C-Premiums w? such mottgage guaranty insura~~ce as mo~igagee shall irom t:me to time deem fit to carry on the ban setured hereby. . Mortgagee :ha?1 irom time to time noti(y mortgagor in writing of the arnount due and paysble hereunoer .~w suth wm ihall ihereupon be due ae~d I payaWe on the due date of the next monthly paymen* and each successive month tixreafter urtil mortgagee shall notify mortyagw of s thanye i~ such amount. Suth s~ms shall be applied by mortgagre toward the payment of real properfy ta~cs, ins~rante prem:~mi, snd morty~ye gua?anty imut~nce ~ premiums. WITNESS WHEREQF, the said MORTGAGOR has hereunto set his hand u~d seal the day and yesr fint af id. ; ' ned, Seal ad liv red in the piesence of: k FILtD tH`. a`-COKOED Q ! ST.IU~+` CflLNTY FLA. W llia oh so ~ ~ ~4•~c• - :"r~AS Ct «'K ::i:='.1:T CGURt~` - ` - ~ ~ n ~.1. Amanda Fa oh n . i ~ ocr,.~.-. , _ ~ ,t - 7T~ E STATE OF FLORIDA ~~EP ~~j 3 3? PH' 1 J ~ ~o~?~ ~ . st . w~~e ~ 3168'?''7 ~ 9efore me personatly ~ppeared -11~1111~ Johnson ~ Jt _ Amanda Faye Johnson _ his w~fe, to me we~~ known .nd k~wMm ro me ro b. ~ the indiridwls dexiibed i~ and who executed the faegoing instrument, and acknowledged befor~ me that they executed the sams fu tM purposei rh~.e~~ .xP.~ss~d. a~d rha sa~ Amanda Raye Johnson W;fe ,f r~e „~d t~il liam Johnson, Jr . , se~„at~ •~,d ~„~n examination by me taken separate and aparf from F~er said husband, acknowiedged to and befo~e me ihaf ahe exeNted said irotrument fteely and volurl- rarily and w;thout ~ny compubion, constraint, appre ~ens o? fear of a from her said husband. ~ WITNESS my F~and and officisl seal thi day $e tember ~ p. 19 75 ~ Nwsry Pubtic in ~ fw t tate of Flwida ~t larp~ ~ My Commiuion ~ res: r~/~ § Return To: /o~`pC7'~ ~ Fint Feder~l Ssvings d~ loan Associarion ~ Of Fort ?:rrce. . ~ Fwt Pierce. Flwida . ~ ~ y.l. ~ ~l ':,~i• ~ ' r This Instrument Prepared By ~ohn IJ, Collins _j ~ ~ ~ ~ ~ First Federal Savings ~ Loan Association _c of Fort Pierce ~ F lor i da ?:'r t % r~ . . , ~ Checked B C;: _ C~: F (,p~1 . ` ~'~~fl~e:~~~~r~r• ' Y ' ; ' ~ ~ k ~ ~ aoox 243 P~rF 2z~' ; f ~ _ ~f ~ ~ ~ . _ _ . _ " . . . . . _ _ - s:~