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HomeMy WebLinkAbout1135 1 . ~ t To p~x~ and continuously keep on the bui:d~~:gt now w hereatter s:t~ate on e~~d Isr,~! +~d on all cquip~ncnt ~nd pasonally covered by ~his mor~ . ~ sgs, with all premivms ~hereon pid in fuU, fire inturo~zce ~n the uwal etanda~d po~~q fwm, in a sum approvad by the MORIGAGEE, a~d windi~orm ~mur~nce i~ Ihe usua) •undard pol~cy fam, in • sum spp~oved by tM MOR1GAGfE, in such tompany or compa~ies af ths MORTGAGEE may direcl; ~nd all il~e ~nd w~nds~orm insursnce pol~ues on any of sa~d build~ngs, +ny intertit ~hecein or p~r~ ~hereof, in the aggreflste i~m ataeiaid a in eaceu thereof. ~hall contain IM usual standard matgagee clause w such o~her clause ai the Matgages may ~eq~~rs, maMinp the Ios~ unde~ sa~d poli~ c~es, each and sve~y, payabls to sa:d MORiGAGfE ai its in~rres~ may appta~, and each and ere~y ~uch po!icy shall tx promptly +saqned e~d delivercd ~o any held by s~id MORTGAGEE as funher security to said mor~page debt, ~nd, ~ot lesi than ten (10) days in advance of the expirat~on ot each policy, to dF - I~ver to s~id MORTGAGEE a renewal thereol, toqethe~ with a rece~pt fw tM premium of such re„ewal~ and thero shail be no flre o~ windstam ins~ranc~ ; plsced on ~ny of said buildings, any interest therein or parl the~eof, unles~ in the (orm and with the toss payable as afwesaids and in the evenl sny surn t 04 mw?~y becomq payable undcr such pelicy w pol~:rcs satd MORTGAGEE shall have ~he option ro receive and apply ~he tame on accoum of ~he indeb~ed~ ~ ness secured hereby w ro permit i~~d MORTGAGORS to receive a~d use it w eny pan theiaof fcr oi~er µuryosrs. .-.~~ho~t therebi wai~]~ig w~~npa~r- ~ iny a~y equity, lien or right under or by vl?tue of thi~ mo:!gage; and in ~he evcnr sa~d MORTGAGORS tha~l fw any reason f~il to keep the ssid pramises so ~ ~niured, o~ fail to deliver promptly any of said policies of insurawce to iaid MORTGA'GEE, or fail promptly to p+y fully any premium therofw a in ~ny respect iail to pe~fwm, discharge, execute, elFect, completa, comply wi~h and abide by this covenant, a any part hereof, uid MORiGAGEE may p~ace and ~ pay fw tuch ins~rence or any paA the~cof wiihout weiving « affecting any oat~on, lien, equity, o~ r~ght under a by Y~n~e of ~his Mwtgage, and the , t f~11 amount of each and ~vtry such payment shall be immediatety due and payab~e and ihall bear interest irom the date tAereof until pa~d at tF» rat~ o~ nine pr~ cent~m pe? annum and togeiher wiih auch inte~est shall lx srcured by Ihe lien oi this mwtgage. - 1. To permit, commit w suffar no waste, imp~irment or deter~orat~on of uid prapeny o~ any pah the~eof. ~ S. To pay all and aingu~ar ~hs cosh, charges and expenaes, including a reasonabte atlwney's fee and costs of sbstrocts of tiHe, i~cu~red a paid sf ~ any time by wid MORiGAGEE, because or in the event of the fa~lure on the paif of ~he sa~d MORiGAGOR to duly, prompt~y ~nd fully palam, d~xharge. execute, el(ed, complete, comply w~ih and ab:de by ~ach ~nd every the stipu~at~ons, agreaments, conditions, and coveoants of said p~omisso?y note and thi~ } morrgage any or ei~her, and u~d cosrs, cMrge~ and expenses, each and eve~y, ahall be imrriediately due and psyable; whether w no~ there be notice ds ,::~-,,..s r.. ,Y,!!~.. ,x.Nl~~- ,ne! e!ew l~!! a~::! of each ar+d ~e.v wc6 QaYment shall bear interesf irom Ihe dste thereof unfil paid N th! r~rr of a~ne per centum per annu~n; and al! sa:d costs, charges and exponses incurred or pa+J, toyether with such interest, shall be secured by tbe I~en of th~s mo: rgeqe. 6. Thst (a) in the eveN of any breach of th~s Matgage or default o~ the part oi tl~e MORIGAGOR, w(b) in the event any of isid iums of mo~ey herein referted to be not promptly and fu11y paid within thirty (30) days ~ea~ aiter the same severally become due and peyable, without demsnd or notite, cr in the event each and rrery the stipulations, agreements, conditions and covenanfs of sa:d promiuory note and th~s mortgage any or e~~he~ ara not iuly, p~omptly and fully performed, d~scharg~:d, executed, effec~ed, completed, compGed w~th and ab~ded 5y, tFxn in e~the? o~ any such eveM the said ag~ g~egate sum mentioned in said promissory rwte thcn remaining unpaid, with interest acc.ued, and all moneys secured hereby, s5a11 become due and pay- ab:e forthwith, a thereatter, at the op!~on of said MORTGAGEE, as fu~ly arx) comple~e9y as if all of the said sums of money were aiginslly stipvlated to be paid on suth day, anything in sa:d prom;sswy note or in this Mortgagr to Ihe co~trary ~otwithstanding; and thereupcn or lhereaflet. at the option of sa;d MORTGAGEE, wi~hout notice or demaod, suit at law w in equity, there(ae or therealtar ~cyun, may be prosetuted as if all moneys secured hereby had matured pnot to ~ts inatitution. 7. That in the evcv~t that at the beginn;ng of a at any time pending any suit upon thi: Mortgage, w to foretlose it, w to reform it, or fo enfwte payment of any c~aims fiercunde~, said MORTGAGEE shall appty to the Court havmg jw:sd+ct:on ther~wf fw the +ppointment of • Rece+ver, such Covrt shall fn~rhwi~h apFoiM a receiver of said mortgaged p+opert~r alt and n~nyuiar, includ~ng all and singular the incoms, profits, issues and revenues from whatever •evrce derived, each and every of.wh~ch, ~t being e,~presaty understood, ~s hereby morrgaged af if specifically set fwth ~nd destribed in 1he yra~ting and h~bendum clavses hereof, and such Receiver shali have all the ~oad and eifect~ve fur.ct~o»s and powers in anywise e~trusted by • Cowt to s Reteiver, and s_ch appointmenl ahali be made by's~ch Court as an aomitted equ~ty and a n»t?er of absolute right: to said M(~R~IGAGEE. ~nd without refererxe to ttx ac•_quacy w inadrquacy of the value of the property mortgaged or to the so.va~cy or ~nsolvenq of said MORIC~11tiOR w the defendams, and that svch r~~~+s, profits, income, issues and revenues shefl tx applied by wch Receiver accord~~~g ~o the lien or equity oi said MORTGAGEE and Ihe practite of such Courf. 8. To duly, prcmpt!y and (u:Iy pe~form, discharge, execute, effect, complete, comply with and abide by each and every the sfipulations, agreements, ~,nd:t~ons and covenants m sa~d prorn;ssory note and ~his morrgage se~ forth. 9. That in the event the owne~ship of Ihe mortgaged pre~nises, a any part thereof, becomes vested in a person other than the MORTGAGOR, the ~ RTGAGEE, its successurs and assigns, may, wiihout nof~ce to the MORTGROR, deat with such successw a successor in interest w~th referente to this ~~~yage and the deb~ hereby sxured in the same manner as wi!h Mortgago. without in any way vitiating w d~xharging the Mortgago~i liability herr u~•r w upon the debt hereby secured. No saie oF ~he prem~ses hereby mortgaged ar.d no forbearance on the part of the IdORTGAGEE w iis suctessors c• assigns and rto extension of rhe time for the pay~r.em of the debt hereby secwed given by the MORTGAGEE or its successors or auigns, sfialt operate io reiease, dscharge, modify change or afiect the orig~nai liability of the MORTGAGOR herein, either in whok or .in parf. 10. H is speufically agreed that time is oi the essence of this contrad ar.d thnt no waiver of any ooligation hereunder or of the obligaT'an se- cured hrreby shall at any time thereafter be he:d to be a waiver of the terms hereo( or of the instrument secu~ed herby. I1. ln addnio~ to the iorego'ng month!y pay~r.~nfs of p:inc'paI and inreresr requ6~ed by the promissory no~e secvred hereby, morfgagor covenants •~•d agrees to pay to mo;tgagee with each monihiy pay~ner.? an add~~iona! sum est:n:a~ed by mortgagee to be equal to 1/12 of the annual cost of the follow- ~ A-AU real property tax>s lev7ed or assesu,d ag3i~st the above deunbed reai estate. B-Premiun.s on fire and windsiorm insvrarce as hereirs reqv~red to be carried on ihe 3mprovemen~s situate on the above destribed premises. C-Premiums on such mortga9e gua~anty ir.surar:ce as mortgagee. sha~l from t m.e to time deem fif to carry on the loan secured Fxreby. blwtgagee shaN frem t~me to tm•e ncr+fy morrga9or ~n w~it~ng of the arr.o.~t due and paya6le hereunder and such sum shall thereupon be due and j : rable on the due date of the next monthly payment and each succes:ive month thereafter ur,til mortgagee shall notify mortgagw of a change in suth ; ou~t. Svch s~ms sha:l be ap~!ied by morrgagee to•hard the payment oE real nrocerty taxes, insurance prem:ums, a~xl mortgage guaranty insurance ~ ;,~e~niums. . ~ iN YJITPJESS WHERcOf, the sa~d 11.ORTGAGOR has hereunto set his hand and seal the day and year first aforesaid. ~ Signed, Sealed and delivered in the presence of: ~ ~ _ FILEO Ah_ ~'tCJ~Q u`-~%sr a0 ~ , SL~UC~E u~~Ntr . RGC: ?RAS +0 ~ CtE9~: ::~:;:.~1iT CC ~ Seaq - r.c,•~-.., • iE~? _ ~ 4eaq i~ASE OF FLORIDA ) ~ oC~ ~ 3 j7 ~~I' 1~ 3~8~.92 OU ~TY Uf St . Lucie ~ . ~ eefo~e me penonally appeared Evelyn Tueker ~ a single adult ~ to me well known and known to me to be t~e individust described in and who executed the foregang instrument, and acknowledged befwe me that$he executed the same fw the purposes rherein exp?essed. Ai+l~`Q~Y~fa~xxx~c][x]eXXXXX]O[XXXXX]OCXXXXXXX?CXXXXXXXXXXXXXXXXXXXXXXX?CXXXXXX x~wc~oat~,~~cx~ocaac~c~cx~ocx~oocxxxxxxx ~ocx~ocxxxxxxxxxxx~ocx xxx~ocxxxx~c~~~,~ ~~i~~~~~~~5t9c X it X9fi aE xh~ ~7at i~xa~ ~ WIiNESS my hand and oificial seal this_-- day or_- October a p, ~~5 ~ ~ ~~e~~ ' y ~ Notary Public in and,for t!~'State of Florida et larpe My Commiuion exdres: j Return To: i Fint Federal Savings 3 loan luwciation NOTARY PUBUC, STATE oi RORIDA 8t LARGE Of Fort P:erce. i!Y GC?f.S~tSSiJY EIiP;F.LS JAN. 7, 1977 Fort Pierce, florida bo~~d isy Ame~rwn f:a,~ke(5 IcltuiaoC~ CR ~ :~l(~t t(lil . f/,! ,-~'ov t1 ~ S y %a This Instrument Prepared By Richard K. Kayes ' ' . ' : "f : First Federal Savings loan Association ; q = ~ ~ of Fort Pierce Florida - ~ ~ • ~ = ~ ' gooK 244 PACE1136 : - • ~ . : _ ~ = Checked By ; - ; ` ~ ` ~L ~..vG ` . ~ ~ ~ • ~..:....SE E ~~~a ~ ' ~ ~ - ~ , `'~~:t?,~;~n~.>>~~. . .s ~ ; ' : - - _ - - _ _ - ~ ~ ~di~~ ~ d ~ _ _ . ~