HomeMy WebLinkAbout2287 To pt~t~ and twn~inuou~ly ke~p on tha bu~id~npe ~+ow a M~eat~a ~itu~~~ on ~~Id tu+d and on all eQuipmeet ind ptrwnally tov~r~d by ~hl~ ma~¢
p~. witA all p~miums ~hereon pa:d in iuii, i~r~ i~ur~nc~ in ~he ~~ual uarda~d policY fam, in •~um approwd by ~M MORiGAGEE. •rtd windstam
in~w~nt~ i~ 11» uswl ~tandard po~~cY (am, in a sum approv~d by tM MORTGAGEE, in tvth tomp+ny or canpaniq q tM MORTGAGEE may ~
dir~ctj and all t'u~ ~nd w~nds~o~m infwaoc~ polic~es oo +~y of said build~nps, anp imaa~ tMr~ie a pan ther~ot, in ~he apyrey~q wm ~fw~Nid a ~
In ~xe~u IFKreof, ~hail eot!r~in ~M ~iwl ~t~ndard maig+~N ei+uN w~ueh aFw elaus~ ~s tM Ma~9a~e m+y ~puu~. m~Ainp t!a Iw~ uedN ~aid po1F '
ci~s. ~ach ~nd ~vHY. paYabl~ ro said MORTGAGEE as itf intere~l may ~pp~ar, ~nd ~ach aod ~vNy tuch policy ~MII b~ p~omptly u~.yned ~nd d~liva~d ~o ;
•ny Mtd by sa~d MORTGAGEE as funfur security ~o s~id mu~pay~ deb~, ~nd, not It~ thW+ t~n (101 days in ~dvanu of tlr ~xp'uNio~ o( t~ch policy, ro dr
Iiwt ro s~id MORiGAGEE a r~~ewal tMrwf, 1ope~ha witA a rec~ipl tw tM p~mium o} ~uch r~newal: and tFwr• sMll b~ no fw~ w windstam i~wrae~c~
olsced o~+ .+w of sa~d build~rws, ~nv inter~at th~r«n a part tMnof, unl~u in 1M tam and with th~ loss paWbl~ ~s afwts~Idi +~+d M th~ ~w~1 +ey win
of mon~y becorna pay~ble under such policy or polKi~~ uid MORiGAGEE ~MII Mw tFN opt~on lo receive e.+d +pply tM sam~ on acca+m oi ti» irw~b~ed~
n~ss s~tured htreby or ro petmit said IVIORTGAGORS to receiv~ and uss i1 p any p~~t thereof fw other purposes, withwl thKeb~ waivi~q o~ anp~ia
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ieq ~ny puity, lien w riqht under a by virtw of thi~ mortqape; Md in tM ~vtn~ Nid MORTGAGORS thall fW any ~laton ~~i) f0 kNp 1M Nid p~tmisN t0 y,~
inw~ed, or f•il ro delive? promplly ~ny of said policies of i~swance to ssid lNARiGAGfE, or fai! promptly fo pay fvlly s~y {xe~+iw~n tM.~ta w in u~Y
~•~p.a fail a pe.iorm, d~schar9e, execvte. ~ifecl, tomplets, comply wilh and ~bid~ by this cownaM, a any part hawf, aid MORTGAGEE may pl~q ~r+d
paY for wch Irawsnc~ o~ ~ny part thereof without waivirg a af(actinp ~~y optton. Ikn, aq~lty. w ripht v~der a by viAw of this Matyap~, a+d tM •
fvtl an+arnt of eacA and ewry such payment shall be immediat~ly dw ~nd pay~bk ~nd shalt bear intc~est from t!» dat~ therw( un~il p~id at ti» r~t~ oi
nins per cemum pa anrwm ~nd to,~e~ha with such intaest shall b~ secu~ed by tM lien of thls moriy+Q~.
1. To pKmit, commit or suHa no wute. imp+irment a deteraaation oi said propsrty o~ ~ny p~rt therwf.
S. To p~y all a~d sinpulu tM costs, cMrpes and exp~nses, includinp • r~~sonable attwn~y's fte and cosn of ~bstracts of tit~~. incurr~d or paid at
~ny tune by uid MORTGAGEE, becauu w in tM w~nt of tFw failwe on_ ~he part of tM ~aid MORTGAGOR a duly, promptly ~nd fully pKform, d~xh+rg~
execut~, effecl, complae, comply w~th and ab~de by each and every the stipula~~ons, agreements, conditions, snd wvenams of aid promiswry ~ot~ and thU ,
mat~pe any a ei~hn. ~nd aid costs, chuges and ~xpenses. ~ach arv! every, ihall b~ imm~diately dw and payabb: wMther or not th~r~ b~ noriu dr
m~nd, ~nempt ro collect or suit pendinyT +nd the full ~mouM of ~ath and every s~rch psymem shalt bear inte~est fran th~ dat~ tMreof w~til p~id at the +
rate of ~ine per centum per arn~um; a~d all wid wsts, charyes and expenses inturred w paid, tog~lhK w~th such UUH1ff~ ~hall b~ ktured by tM lito of thif
ITOfT~~l.
6. That (a) in tM event of any breach of this Matqayt w dafavl~ on tlr part of the MORTGAGOR. a(b) in tM wN+t ~ny of s~id sun+s of moe~y .
herein r~ferred ~o b~ no~ p.omptly and f~Ily paid wfifii~ thirty (30) days next after the same save~slly becam dw and payabb, withow d~mand a notic~,
or (v tn tlw event eech ~nd every the stipulations, ap~eem~nts, coedit~ons s~d coven+nts of said promiuwy note and thi~ mortyay~ ~ny w~i1Mr ~n no1
iuly, promptly ~nd fvlly perfamed, d~xhar~ed, executed, effected, completed, complied with ~nd ati~ded by, then ie atMr a any such ~wnt ~M uid ap~
prepate wm memio+xd in said pomissory note then remaininy unpaid, with ineere~t scuued, and atl moneys secvrsd hertby. sh~il becort~ dw and pay~
abte iathwith, w thereafter, ~t the oprion ol said MORTGAGEE, as fully and comptetely as if all of the said sums oi money were aqinally N7pulated
to be wid on such dav. a~rthirq in sa~d prom~uory note or in this Morl9aye to the contr~ry notwithitandinp; and ~herwpon a the~eaftar af the op~ion of
~eid MORTGAGEE, without notice o~ demand, suit at law o~ ir~ equity, therefwt or thereaher begu~+, may be pros~tuted as if aii I~W~Nyf ilCVf~(I IMffDy
_ Ifad rt~aturld pna to its inttitutiqf.
7. Thal in the event tMt at the beginning of w+t any time pending a~y s~it ~pa+ this Matgage, or to foreclow it, w to roform it, w to ~nfwa
paymem of a~y tlaims hereunder, said MORTGAGEE shall apply. to the Court Mvin~ jurisdiaio~ thercof for 1M appointmet?1 of a Rxeivtr, tuth CarA slwll j
Fwlhwith appoinl s receirer of seid mortgayed propcrty all and sinp~lu, iotludmg alt a~d sirputar sKe intome, profits, issws +nd rtve~ues from what~v~t ~
wurte tk~ived, each and eve~y of whic!?, it be~np exprculy understood, is hereby mortgaged ~f if specificslly sN forth snd tlhtr'bd in fhe ~~anti~?p u+d !
habendum clauses txreof, and such Receiver shall hsve a~l the broad and effecrive funct~ona a~d powers ~+nywise entruated by ~ CouH to a Receirtr, and ¢
:uch appointment shatl be made by such Cou~t ~s an admitted equ~ty and a matrer of absolute riyht ro saide ~l1p(tT6A0EE, and without nferente to tM ~
adequ~cy a inadeqvacy of the valve of the property morlgsged or to the wrve~cy w~~so~vency oi said MORTGAGOR w the d~fendants, ar?d that sucl+ ~
rents, profits, income, iuues and revenues shall be applied by avcf? Receiver xcordiny to 1M lien or eqvity of said MORTGAGEE and the practiu of suth `
Court. t
8. 1o duty, promptly +nd fully perform, dixharye, execute, effect, cornpkte, compty w~rh and abide by each and ~very the stipulations, ~preemenri, i
conditions and covenants in sa~d p~omissory note and this mortgage ut fwth. ~
,
9. That in the event the ownership of the mwtgaged premises, w any pa?t thereof, becomes vested in a pe~son other thsn the 1NORTGAGOR, 1M
MORTGAGEE, its successors snd assigns, may, wi~hou~ notice to the MORTGAOR, deal with such succeuor a successor in intaett with refKe~ce fo this
moregs~e'and the dcbl hereby seaired in the same msnner as with lNortq~gor without in eny way vitiating w' distMrpin9 tM Mortpa9ors' li~bility hert
v~nicr a u~,w~~ tF~ ~bt hesebt :R:,r~. P::. s:ta et tF.a F:amtses he~eby mortgsg~d ~nd oo forb~atance on tM put of the MORTGAGEE w ifa wccessors
a augns snd no e:rens'wn of the time for the payrrKm of the debt liereby secured given by the N~ORTGAGEE a iri tucceuors ot assiyns, siwll operat~
ro releas~. -dixharge, modify change dr affect the uiginal liability of ?he MORTGAGOR herein, either in whole or in psrt. '
i
10. It ts spec~fically sgreed that ~vne t~ of fhe esxnc~ of ~hi~ conttad~~nd that no waivar of ~ny obligaYan hereunder w of tM oblgaYan ss- ~
cured hereby shsU a1 any time thereaher be held to be a w~iver of the te~ms hereof w of the instrument secured he~by. ;
11. In add~tion to the fwego'ng monthly payments of princ"pat and interest required by the promissory note secured hereby, martgagor tovensnb ~
and agrees to pay to mortgagee w+ith each monthly payment an ~ddi~ional sum estimalcd by mortgsgee to be equal to 1 f 12 of tFrc ar?nual cost of the fdbw-
i
ing:
A-All real property taxes levied or assessed againsl the above described real estate.
B--Premiums on iire and windstorm insuraroe as Aerein'required to Ffe carried on the improvemenri sitwt~ on the ~bove desaibed premites.
C-Premiums on such mortgage guaranry insurance as mortgagee shall from time to time deem fit to t~rry on the loan secured hereby.
Mortgsgee shall from time.to ti:ne notify mortgagor in writ~ng of the amount due aod paysble herwnder and wch wm shaU therevpon be due and
payable on the due date of the next monthty payment and eath successive month thereafter until mwtgagee shall noti#y mortgagor of a tharqe in suth
amoum. Such sums shall be applied by mortgagee toward thc payment of real propeny taxes, insu~arxe prem:~ms, +nd mortgage guaranty insuwnce
Premiums.
~ ~ IN WITNESS WH Of, the said lNORTGAGOR has hereun~o set his hand and seal the day and ye+r fint afwes~id. .
~5ipned, ~ 1 an~ liver ~ th` presence of: _;7
~UE~
~ fllEa ',~MTt ELA. ~ ~ ' ~~2~'~tL-~-~ (5eaq ~
gl.lUC~-"~-~;t145 4
t F^~:t 6JURt
~ ofc~r^~ i f;Et
STATE OF fIORIDA - ~ I~ ,O 38 A~'~~
couNn oF St . Luc ie ~ ~~g
s~fa~ a,~,,,ny ,~a«d Elizabeth Tinne~~ a WidoW, a~so kno~n as izabeth G. Tinn~
iA~He, to me welf known and known ro me to b~
the individwl described in and who executed the iwe9oinp instrvment, ~nd ~cknowledped before me that yh~ exewted the same for the purposes
rherein exprased. 7r316dsi~ ,
avlf~d-tfi~ ssld~- ~{»w+'s~p~r~lr~+i ~iwM'
ezsn+ewiiarbTme-t~Ice+r+ePw'Meand~epshiroe~rhrri~f~osbantl.~+~ai~dped~a+~ia~n~ZtfarnazxElUffitliTd'iRlTl~tttTr~etfst+~.okn+- ~
~srilp+wd~wNl+o~fwr~-cainp~~ion,-censttai?rr,~ -o?~~acptarhanr/M?7~I~f10stralf~ `
~ WITNESS my hsnd and offic~al seal this ~~.9.~
_ d~y ef ~t'O~@r A' p• 19 75 i
F _ i
~ Not~ry Publ' ~nd fa the Sta» of Fbrid~ ~t larp~
~ My, Comm" ~:pires: ~~y ~ 97 9 ~
~ Return To:
~ fint redera) Saving• 3 Loan Association ~'ii,~,;
~ O( Fort P~erte. ct!, „ ' ~
~ Fort Pierce, Fbrida ~ ~ ~ ~ ~ ~ -
~ .~r+'.' 'Y.• -
'~c ...J,r,
~ , r=:~ .c ~
This Instrument Prepared By John W. Collitl~.~;~~"rt~".'-;;~
.~I<•: : .
First Federal Savings b Loan Association . ~i . . ~ . •
of Fort Pierc~ Fort Pierce ' - . G' ~
~r'<~t:''~IS~• O
. ,~S . i.I,`~ ' ` . ^O ~ ~ ~
Checked By ~ '~L - . D
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