HomeMy WebLinkAbout2095 To plap u~d contuww»ly kNp on ~h~ bui:dinps now or hsr~•h~. ww•a on a~d land and on ~II .quipm.m ~nd p..wnally cowr~d by ~hi~ mor~
p~, w~th ~11 pr~mivms therwn pa~d i~ full, fin iruur~nc~ in iM u~ual ~tu+dard policy fan~, in a tum ~pprov~d by ~M MORTGAGEE, and w:nduam
inwranc~ 1~ ~M viwl •eandard pol~cy fam, in a iurn spprowd by iM MORTGAGEE, in ~ucl~ comp~ny or companip u IM iNORTGAGfE may
dincll ~nd ~11 lir~ ~nd wlrwhtorm iniw~nc~ polici~s on any oi sa~d buiidirps, ~ny {nqr~~l tF~~in o~ paN lhawf, In tM pprtp~~~ s~m afortNid or .
in ucau tMnof, aMll conuin ~i» wwl it~ndard matqapN cl~uw w tud+ aiwr daus~ q th~ MortypN may rpuu~. m~kinp tM bu undt~ ~aid po14
ci~s, e+ch ~nd ~vKy. paY~b1~ ~o s~id MORTGAGEE a iM intere~t may app~a~. u+d ~ach and ~wry avch policy ~MU b~ promptly +ss:9nd ~+d d~liv~nd to
~ny hsW by sa~d MORTGAGEE as fu~thH seturity to aid mo+tpa9s d~E1, a~d, no1 Its~ IMn tM (101 daY~ L? +dva~u of tl+~ expG~tio~ of fKF~ pOIKy, to da
Ilwr to wid sMORTGAGEE • rNrwal tMrwf. tow~iw~ with a reuiut for 1M pnmiwn oi wch ~«wwa4 ~rd tM~~ sh+ll b~ no fK~ w wind~tam ina~ranu .
pl~ad on ~ny oi iaid build'u+p~, any intertsf 11+H~in a p+?t tMrwf, unl~st ie tM fwm ~nd with 1M lou payabl~ aiw~W~ and i~ tM ev~nt ~nr sum
Of nwery b~corms payabb wwl~r wch polky a policin said MORTGAGEE ahall Mw ~M optan ~o ncsiw and ~pply tM wrn~ on xcount of ths i~d~bqd •
rnss Ncw~d Iwr~by a w pKmi? ~aid MpRTGJ1GORS ~o receiw ~r~d us~ it or ~ey part ther~of fo~ other purposa, wiihout ihaeb/ waiviny w~mpair-
kg a~Y pvity, IiM w ~ight o~ by virtw of lhis mortyape: and in tM ~v~nt ~aid MORTGAGORS ~I+all fp any ~~ason fail to ketp th~ ~aid pr~miut w
Mwred, a bll w d~liwr promptly any ol MW POlitiy Of u+swana to uid MORTGAGEE. a fail promptly to pay fulty ~ny p~~mium tMrefor a in any
rssp~ct f~tl b pafarn, dixhwqe, saecvq, atfM, compl~t~, comply with and aWd~ by tht~ cor~nant, or.~ny part ha~of, qid MORTGAGEE m~y plat~ and .
paY fa ~uch Emvra~m or My gatf therlof withouf w~trinQ ot afiectinp aery eptia+, lian, s.ivity. w reph~ vndsr a by vinw of thi~ Ma~QaQe, a++d A+e
fuii amovM of ~ach ~nd ~wry wch paym~nl shail b~ inwn~diately t!w u~d payabN uid s1»ii b~ar i~t~r~s~ iran tFw dat~ tMrwf untii pa~ ~t the rat~ oi
nin~ pa te~tum pN annum and toyelher wi~h tuch inferost ~hall b~ secured by tM lito of Ihis mort~ap~.
To pKmit, commlt a wffK no w~st~. impairmen~ or dete.ioration of said prop~rty or any puf tMrwf.
5. To pay all and siegular th~ costs, chnpN ~nd eapensas, indudinp a rNwn~bb ~nwney's fN and ewta of aMtraets of titls. it~cwred p pald ~t
~ny tims by s~id MORTCaAGEE. b~c~uw or in the ewnt o( th~ f~ilur~ on tM paN of tM said MORiGACsOR ro duly. pranptly ~nd fvlly pKiwm, di~cMry~
~xecut~, ~ff~d, complet~, comply with ~nd ~bid~ by ~xh and ~very the ~tipulat~ons, ~p~ssmenn, conditio~s, +nd cownann oi said promiaswy not~ u+d thit
ma~yp~ a~r a ei~Aa. u~d s~id costs, clw~a aod expenses, cach ~nd ~vKy. shall b~ imned'i~tety dw snd payaW~; whether or not tMre b~ ootiu dr
mand, attempt ro colkct w wit pendingj and ths f~?II amount of e~cl~ ~nd ewry wch p~ym~nt ~hall bear intere~l fran rM dat~ tMr~of unttt p~Id ~t tM
rote of ~ine ptr untum per arwwm; and ~It uid wsts, cherpea ~nd ~xptnsaa incurr~d or paid, 1opHt+K witA such inqrut, sMll b~ Ncur~d by tM li~n of thiu
mortppw ~ ' ' .
6. TM~ (s) in th~ event of ~ny breach of thia MatQaps or defavlt on tlr paA of tl» MORTGAGOR, a(b) in tM ~+rent ~ny of said swra of morwy
hsr~in r~fNrd to bs not promptly ~nd fuly p~id withir? th'vty (30) days neat afrer th~ sam~ s~verally becoms dw and pay~bb, wifhoW demand w notke,
w(~ in tM ew~+t ~ach and ~very tM stipvlatio~q, ~r~em~nb, co.d~tioni and coveBanb of w~d promissay not~ ud th~s mo~tpap~ arnr or either srt rw1
~uly, p~omptly end futly performed, d:scharped, executed, eifected, completed, complisd with snd ab+drd by, tl~er+ in eitlut a~ tny sucA ev~m the aaid ~g
pre9~te wm m~ntanad in uid p~omissory note then remainin~ u~paid, with intemt atcrued, and all moneys ~ecured h~rtby. tMll bKOrtK dw and pay~
~bl~ fathwifA, or thereatte~, at the oprion of said N10RTGAGEE, ss fvlly ~nd complNely ~s if •II of the said wmt of moner wert aginally stipul~ted
to be paid on wch day. ~nythirg in ia;d promissory note w in th$ Morty~e to the contnry notw~thstandinp: ~nd thawpon a thereahe~ af IM op~ion of
said MORTGAGEE, wirhout not~ce o? demand, suit +t law a in ~qvity, tl~ere(«~ or thereahe? be9~n, rrwy b~ prowcut~d ~s 1f all morays secund haeby
had matwed prqr to in inilitvtion.
7. ihat in ths evenf that ~t the beginni~ of w ~t ~ny tim~ pendinp ~Mr wit upon this Mwty~p~, a to fa~clos~ N, p to reform it, or to enfwp
payment of u~y dsims hereunder, uid MORTGAGEE ~hatl spply to the Coun Mvinp jurisdK~ion +hereof tor ~h~ appo~ntmN+t of Receiva, s~ch CouM shall
forthwith appoiM • receive~ of uid mortyayed property a!1 and sirg~l~r, inclvd~np all ~nd singvlu the incom~, profiq, iuws and nwnues iram wbatwer
tource derived, eath and every of whith, it being expresfly urwlsntood, is F+ereby matgsped if specifiully sN fath N~d d~suib~d M th~ y?~ntirq and
habendum clauses hereof, ~nd ~uch Receiva shall have all the broad and effecrim funct~ons and powera in ~nywiss entruite~l by • Couh to ~ R~ceiver, ~nd
•uch appointrt?ent ~f?at1 be mad~ by such Court as an admitted eq~ity sod • matter of ~bsolu~e ri9ht tc s~id IrIORTGAGEf~, and wifhoul ~ffNl~KN to th~
adequxy a insdequacy of the vslue of the properry mor~qaged w to the sonrency w insolve~cy of said MORTGAGOR 'ot tM defendan», and thet such
renrs, profib, incoms, iuuss and »venwa ihall b~ sppli~d by auch Receiva accordinp Io tht lien or equiry of said NIORTGAGEE and th's prattic.~ of wch
Wurt.
8. To dvly, promptly and fully p~rfam, discharge, execute, effeN, complete, comply with and ~bids by each and ewry tM stlpul~tions, apre~mtnn,
conditions and covenanta in sa~d pomissory note and thu mwtgage set forth.
9. Thst in the eveM the ownership of the mortgayed premises, o~ any p~rt thereof, becanet vested in • ptnon otMr tMn fhe MORTGAGOR, ths
MORTGAGEE, its succeuws ~nd iuigns, may, without norice to the MORTGAOR, dcat with such successw or successor in inferest with reference to this
mortyaye and the dcbt hercby secu~ed in the s~me mannet as with Mortpapor withovt in a~y way viti~tinp w dixharyinp ihe Mortysgors' liability hqa-
ur+der w upon the debt her~by secured. No wle of the Fremises hereby mwtya~ed ~nd no (wbearance o~ the paN of tM MORTGAGEE or it~ svaeuw~
or ~uigns and no e:t~.~sion of the time fa tM p~yment of,the debl hereby secwed piven bp the• MORTGAGEE or iri suconson a~aprn, ~hatl opaate
~o rekass, d~sd~r~, modify change or sHect the o?ginal liabiliry af ~t~e MORiGAGOR h~rein, ~itMr in wi+ols w in part.
10. It is ipecificatly agreed ~Mt tune u of ths esience of this contr~ct ~nd thal r+o waiver of any obl'iyation Mr~w~der or of tM oblipation ss-
cured herebp sl+aH at any tim~ there~ft~r bt h~W to be ~ waiver of tF» termr iwsoi o~ d the insttwnem ~ecured F»rby.
11. In add~tion •fo ths forego:~g monthh p~Ymenn of prin~ pal ~nd interest reqvirad by th~ promissory ncte sKUred her
eby, mwtyago` "~ovensMS.
and agrees to pay to mortgagee with each monthly payrnent an sdd~rion~l sum qtimaled by mortysgee to be eq~al to 1/12 of the annual cost of the folbw-
ing:
A-All real properry ta~ca kv~ed a ~u:ssed +gai~st the above desc.ibed ~eal estate.
B-Premiums on (ire and wirtdsrorm insurance as herein requ~red to be urried on the improvemcnlt sitwte on the above destribed premises.
C-Premivms on such mottgage gwranty inwrer.ce as morlgsgee thall from time to time deem fit to urry on ths losn tecured hereby.
AAort9agw sMll irom tima to time notify matgapa in writii+g of ths amount due and psyabls htreundar ~nd uxfi wm sball thereupon be d~e end
payabk on the due date of the ~+ext monthly payment and euF~ successive month there~fter urtil mo?tgapee ~hsll notify mortys9w of a chsrge in wcF~
amovnt. ~ Such sums shall be apptied by mwtgsgee toward the payment of real property taxes, insurance prem:wro, and mwtgaye ywru?ty iruurance
premiwnf. .
i IN WITNESS WHEREOf, fhe said MORTGAGOR hai hereunto ut his Mnd u+d ual the day and ye+r fFnt afaasaid.
( Sqned, S~aled and deliwred in the prssenc~ of:
~ F~~Ep ek~ ai.CirRDED ~n
~ ST. LI;Ct~ ~aUNjY FLA_
~ ROG~= =?,TRAS ~q
~ _ CtE?K Lv~T COURT ~ ~
~tl VErno" ~t r •~'EO
n
STATE OF FLORIDA OC~ `0 3 23 PN ~~,~Q2
courrnr of St. 1.ucie ~ ~ - , ~ _
Bef«~ pe„a,a~~y ,pp,,,ed Jases A. Martin
_li _aheth A Mslt n hu wife, to me well known ~nd known ro m~ to b~
the individwls deuribed in and who eaecuted ths forpoinp instrumsnt, and acknowtedyed befon me that thty ~x~cuted ths same for tM purposes
thertin exprss~ed. And tM u~d Fl i~ th A~ Msrtir -
wifs of ~.~d Jasea A. Martin ~
e:~min~tlon by me taken ~e rste and a rt from F~er said hutband. ~P~ ~~P+nt~ ~nd p?hra1~
W W ~cknowtsdped b~nd befor~ m~ 11?af she exetuted s~id irotrument hs~fy and volw~-
tuily and witho~t any compul~ion, conitraint, epprehens+on, or f~ar of d from 1~ said husb~nd.
WITNESS my h+nd and officiel ssal this $t~1 day of r A, p, ~q75
, Pvblic in ~nd fo~ tFN Statt of flo?ida at larp~
My Commissio~ ~xp'uea:
Return To: ~ • ?.}o}~y P~bGc, Srots of 1°brido 01 b?Os
~rsl Federal Savings b loan. Assotidion iJly Ce:~ :•::siu~ Exqr~s Apri) 1S. 1976
~ Of Fort F~erce. ~~d br Ara~riwn Firo 6 CotYd4 Co-
Fort i`ierce, flo~~da
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~ This Instrument Prepared By J. Hal Robeits~ C1r. t~
First Federal Savings & loan Association • ; - ~ ' r- _
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of fort Pierce Florida 33450 ' ~ =
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Checked B ~-t'~- G ~ ~ ` ~ 1'~ tt : '
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