HomeMy WebLinkAbout1965 ~ To pl~c~ and contir?uouily kNp on 1M bu~tdinas now a M.••f~a uwa~• on ~a;d tud snd on .u cq~~anero u+d puweally cov.ed by ~ht• monp~
ap~. with dl pr~mivms ~hereon pa~d in lull, (i~~ insur~nc~ in ~h~ v~wl s~andard policy fa~n, io • wm ~pprowd by tM MORiGAGEE, W+d w:nd~tam
evw~~c~ in tM uswl sundard pol~cy iwm, in •~um approv~d by tM MORTGAGEE, wch companr o~ comp~ni~s a tM MORiGA(iEE may •
dinct~ ~nd ~II tir~ and windstorm insuranp policw~ on ~ny of ~aW bvildinp~, u~y im~r„t tFwein a put tMnof, in tM apprep~t~ wm ~fass~W or
In ~xas~ theraof, aFwll contain tM v~wl i~M,dard mo.~ya~ dww a wch othN clavN aa tM Matoa~ n+~y rpvw~, maMi:~p IM lou w+dK Nid po1F
cin, eacl? +~+d ~wry. paYabl~ to aid MURTGAGEE p il~ iRtN~~I m~Y ~pp~Y. ~nd each and ~vtry such policy ~hall b~ p~omptly aas:yn~d and d~lirt~ed ~o
~ny MW by wid MORTGAGEE ~s furtfitr t~cur~ty to sak! mwtpay~ d~M, ~nd, ~wt I~st tAao tM (10) d~ys In advu~c~ 01 th~ ~xpi~~tion of sssh potity, ro d~
liw~ ro uid MORTGAGEE ~ ren~wal th~r~of. ropetMt with a nc~ipl fa? tM pr~miwn of such r~~ew~l~ and ~h~r~ sMll b~ ~o fir~ a wind~twm in~wana
pl~ad on any of said bvildirgs, any tntaat ~Mr~in or p~rt tMreol, unlns In tM form and wi~h tM bss pay~bl~ a~}w~saidj ~nd h+ tM ~wnt any swn
Qf naMy becpn~a p~yabl~ undK wth polity w policas said MORTGAGEE sMll haw tM option lo ncsiv~ ~nd ~pply tM sun~ on +tcount of tM b+d~bted~
rnss secwed h~r~by a b p~rmil ~aid MOR(GAGORS to ~tpiw +nd tq~ h a any p~rf tFkrtot tor other pwpos~s, without thaeb/ waiviop o~ imp~ir-
lop anY puiry. litn a rphl ~nde~ a by virtw of thk mortpap~t and in ~M ~v~et uid MORTGAGORS shall fa amr reaion (~il w kNp th~ said prenus~s so
Iniwed, a fall b ddivK prompty ~ny of said polici~s of inswanc~ w saW MORTGAGEE. a f~ii prompdy 1o pay fully ~oy pn+nium therefw a in ~ny ; r
rnp~ct fall b pNfo~ny dixhup~. ~x~cute. ~ffecl. campl~te, comply wi~h ~od abid~ by thia eownant, w any pan lw~~o~, Nid MORTGAGEE rruy plap and .
!ar sud~ hawanc~ or ~ny part !her~of wi~hout waHinp w ~ff~ctin0 ~~Y aPt~L ~Mi4 W~~Y. a ripM undw a by vi.tw of this Matp+p~. a~d the
full amount of ~acA u+d r~rry wch p~yment sMll b~ immadlately dw aed paysbl~ u+d ~hall b~u h+tereit irom th~ daro tMnof unift paid at tM ut~ oi _
~iM pe~ c~nrum pN a~num and topetMr with tvth ieue+ast shall b~ secvred by th~ lisn of tl~i~ matppe.
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To p~rmit, ooemnit w suff~r no wa~f~, impairm~nf a deter'qratla? of said propafy or any p~rt the~wf.
s. To Pay •u .~+d H~qvia. rM eosn, ch+?9.. a,d •xPe~w~. snciud~p ~ ~~asonabl~ ~nae»y'~ (N and ao~~s of ~batraets of titl~, incwr~d or pald
any tkne by aid MORTGAGfE, b~cavs~ or in th~ evtM of tl» failun on th~ p+rt of tM aid MORTGAGOR b duly, pranptly and tully p~rfonn, discFw~w
~xecvts. effeet, comp{~q, comply with ~nd ~b~de by ~ach and wKy th~ s~iprl~tion~, preem~nts, oonditio~s, ~nd ~nts oI said promi:sory noH and th4
morpap~ a~y w sitl+w. and said costs, ch~r~s and ~xp~nses, each and wery. ahall b~ 4nrrwdia~~ly dw ~nd p~yabl~t wh~~Mr a ~ot tMre b~ naic~ dr
m~nd. ~ttempt to ooll~cl ot suit Mntlinpj ~nd tM full amouot of tath and ~y such p~yment sh~ll beK int~r~tf ftpn tM d~N therwf until p~W ~t the -
rate of ~in~ pe~ untwn per srw~wn; e?ia all ~aid cost~, cha~yn and e:penses incwred a paid, top~~ha with au~h inarest, aiwll b~ s~wred by th~ ian of tiws
b. Thal (a) in th~ w~nt of u~y br~sth of this Mwtp~ w defwh on tlr p+?f of th~ M10RTGAGOR, or by in tM wM1 ~ny of saL! svn+s of nwney
hsr~in nfen~d ro b~ no~ promptly and fully paid within thirty (3W days esxt ~fter tM sartw sewr~lty becarK d~e and p~y~bb. witho~t dsnwnd or notic~.
or (t~ i~ th~ evt~t eacb and avaryr th~ atipulationt, apr~arwnb. conditions ud covw~snn of aa~d promis~ory not~ u~d this rtwrpa~ any w~ither ~n nol
iuly, proa~ptly and fuUy paformed, d~schuyed, executed, ~fi~cfed, compJeted, compli~d with ~nd abidcd by. tFw~ in ti~her w any wch ewm tM s~id ap~
p~egat~ wm rn~ntioned In ~sid promisiwy noq tMn ~anai~irg vnpaid, with int~~~i~ acuuad. and ai! mo.~tys tacvr~d her~bY. sFwll E~can~ dw u+d p~y~
~b1~ fwthwith, c~ there~fter, at the optan of uid MORiGAGEE, u fvlfy and compl~tely ~s (f ~II of the said wms of money wen pipinallr p~pulated
ro b~ pakl on wch day, anythinp in s~id promissory rat~ or i~i this Mo~tp~ to th~ contrary notwithstand~ng: and tharwpon w ther~~ftK ~t tM option of
ssid MORTGAGEE, without notK~ or d~mand, ~uit at Iwv or in pvity fAHffO~~ Of TMfNf1N beyun, may bt pros~cvted as If atl monty~ ~cw~d h~nby
h+d muwed priot ro its Mstitutip~.
7. TM1 in the event that ~t ths beyinnirg of c~ ~t sny time p~nd'irg ~ny wit ~pon this Mortgay~. or b fwecloa if. a to hform it, a ro enfore~
payment of ~ny daims herevr~der, uW MORTGAGEE shatl apply to fhe Co~n Mvinp ~c::.~:e?ion dxreof fa th~ appointmaN of ~ Rec~iwr, wch Cowt sh~ll
forthwHh appoint a nceive~ of sald matQaqed propaty all a~d sinqulw. includu~g all and sinQulsr th~ incorn~ pofits, issw~ ~nd r~w~wns frorn wh~twN
wura dsrived, e~ch and wtry of whrch, it beinp expressly urwleritood. is hereby mo.tg~ged ~t if ~pac~ficalir set fath end dau~d In fh~ prMrinp and
Mb~nd~rm clavses hereoF, and such R~ceive~ ~hall h~v~ •11 tht broad snd cffective funa~ons aod powers in snpwis~ entrus~ by a Court ro a Raceiva. ~nd
such appointmem shalt be mad~ by s~ch Cowt u an ~dmitted equiry and a matte~ oi ~bsol~te ri~ht ro ~aid MORiGAGEE, o d witlwut nferenee ro tl+~
sdeq~acy or insdequacy of the wlw of the prope.ty mortp~ped w ta the sohrency a insolve~cy of uld MORiGAGOR a the d~fendann, snd tM1 wch
rents, profits, income, iuues and revenves sMll be ~pplied by such Rece;ve~ acco~diny to tha lien or puity of ~aid MORTGAGEE ~nd tM practia of wch
Ca?A. . .
8. To duly, promptly and fully p~rforrn, dixhsrpe, ex~cut~ eff~ct, complete, tomply with ~nd abid~ bp wd? and ~wry th~ stipulatbns„ apraem~nt~,
condition~ ud wvenants in sa~d promissory note and this mortproe set tath. .
9. That ie the evcnt the ownenhip of the mortgayed premises, or a~ryr part thereof, becwnes veated In • p~rwe otM? tMn the NIORiC,AGOR, th~
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MORTGAGEE In svcceuon snd au'pns, may without notice to the AAORTGAOR, deal with such successa a successor i:. ast ::4
rnw~gage and the debt Fxreby secwed in tM sams marx~er ~s with Mortyapor withoW in a~y way riti~tirg a disch~rpir.p tFw~Mortpeyors' labilityYh~r~-
under w vpon the debt hereby secured. No sale of the prem~ses hereby mortg~ed and no fwb~a~ance on th~ part of ih~ MORiGAGEE or its wutason
or ~uig~ ~~d no extension of the time for ths p~ymeM of the debt hereby setured qivee by •M MORTGAGEE or iri wocissors o? ass;yns, sh~ll opera?~
ro rele~se, dischar~e, modify change or ~ffect the wiginal IiabiGty of the MORTGAGOR herein, ~ither in whole or In part.
10. It is spedfically agreed tFut time is af the esser~ce o( this contrad ind th~t no waiver of ~ny obliyation haevnder or of th~ oblfyation w-
tvred hereby ~II st any time tFrsresfter be held to bs a waiver of tM term~ hereof or of the instrwnent secvred herby.
11. In add~tion ro the forego:ng monfhly payments of p~inc'pal and irveresr required by the prom~ssory nore setured hereby, mortys~or covenann
and apree~ fo p~y to mortgagee with each monthfy payment an ~ddi~ional sum estimated by mort~agee to be equal fo 1/12 of the annval cost of the fotlow-
'rge
A-All real property taxes levied w assessed against tFr_ sbove described real estate.
B-Premiums on firs and windsrorm inwrance as herein requ;red to be urried on the improvements situate an the above destribed premi~es.
C-Praniums on svch mutgage gwramy insurance ss mortgage~ shall from time to teme deem fN 1o carry on tlte Ioan tetyred hereby,
Mortgagee shall from time to time notify mortgagw in writiny of the amount due and payable hereuoder and suth wm shall thereupon be due ~rxi
psyabte on the due date of the next monthly payment and sach suuessive month there+fter ~ntil mortyapee shall notify mwtgspor of a ch~nge in wch
amou~t. Such sums shall be apptied by mo~tgagee toward the payment of real property taaes, insurance prem~ums, ~nd mortpspe ~uar~nty insuranct
p~emiwnt.
IN W T ESS WHEREOF, the sa' MORTGA ss hereumo set h$ hand and ieal the day and ar fint afwpaid.
,i Sip led li pr ofs ~ ~
! FIIEU ~M!' ~ ~CUFJEO
i ~ ST_LU~~~ ~:~:1NTY flA, e non . lxon
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i ' C! ~r', :!!f' ~CUR
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STATE OF FLORIDA OCT ~1 ~ 22 Prl
courm oF St . Luc ie p~
Bsfae me penooally spptared _ VQrHOif M_ Dixnn ~~a'~O
aod
r t r nrlp R_ n i~cen his wife, to m~ wsll known and known to m~ to bs
the individusb desvibed ia u~d who execvred the fwepanp inst~urMm. and sckrawkdped b~fwe rn~ that they executed tht sartw fw tht purpose~
rr,~.•M .x~..s..d. n„a rF,. ,,;a Gertrude R. Dixon
~ W~re ot ~h...~d Vernon M. Dixon ~ ~ ~~t~ ~w~~
exam~nstion by me tsken seperat~ and apsn from her said husband. ~ckrwwledyed to and befon me that sM e:ewt~d said ir?strwn~m frwly uid volwr
rarily and without any compulsia+, constraint, ~pprehension a feu of w from her said husband.
WITNE55 my hand ~nd official ~eel thii d~y o{ [lr~tnh~r A, p. 19.1~.
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~ Notsry P
W or th~ Stab of Florida af Lup~
~ My Commisi supinu
Retur~ To:
First Fedenl Savingi 3 loan Astociation Notory Pv'~t'K, Stafe of Flvrido ot Lurg~
Of fort P~erce. My Comm:ssion Expires :Nh T~. ~'r~
Fort Pierce, Florida L~nd~d br M~ericc~~ Rre 3~vo~
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~ This Instrument Prepared By Gary F. Ellwood ~
First Federal Savings b loan Association • - ~
~ of Fort Pierce , Rlorida - - ~ t
~ Checked B n i
~ y BOOK ~44 PAGf 1~1~ w. . ~ sh ~
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