HomeMy WebLinkAbout2494 1o pl~c~ and continuously k~~p on tM bu~:d,r~p~ now or he~~~(t~? ~i~wt~ on fa~d i~nd ~r+d on di equipm.n~ ~nd p~rwn~ily cov~r~d by tht~ ma~¢
p~, wilh dl prtmiums tMr~on pa~d in full, (ir~ infur~nte i~ 1M usual stsnda~d polity fotm. in ~ ~um approv~d by tM MORiGAGEE, and wind~lorm
inwranc~ i~ IM viwl s+andard pol,cy (am, in • sum ~pprovd by the MORTGAGEE, i~ wch tompany or tompa~i~s w th~ MORTGAGEE may
dinclj u~d all fir~ ~nd w~nd~twm intiunnc~ po:icies on a~y ol t~~d build~np~, ~~y inttr~sl tht~tin w p~rt 1Mr~of, in th~ pprep~q w~n dasNid o~
{n ~xcta ~herwf, iAall contain th~ uswl ~t~ndard matpaqN claus~ a such othN clauss ~s ~M Ma~p~qe~ may r~qvu~. makinp th~ loas undK s~id po1F
cief. ~~ch ~nd ~v~ry. p~Yabl~ ro said MORTGAGEE a~ it~ int~rresl may ~ppear. a~d e~ch and ~vary ~uch policy sMll b~ p~ompNy s~s.p~wd ~nd d~livK~d ~o
sny held by uid MORiGAGEE as furlher fecurily ~o said mwt9aq~ debt. ~nd, not t~u tMn ~en (10) days in ~dvanc~ of tM ~xpi~atan o! fKh POIiCY, fo da
IivN fo said MORiGAGEE • renewal tlareof, toQ~tMr with a receipt foa tM p~tmiwn of stxh ~en~watr ~nd ther~ tMll b~ no fir~ w wind~tam insuru~t~ ~
pl~c~d on ~~y of u~d bu7ld~ngs, any intarest there~n or part thsreof, vnleu in ~h~ fam and w~~h tM loss pay~bl~ as afa~s+idj ~nd M? tM tvtet any wm Z'
of mawy becom~s payable ~ndK ~uch policlr or policiei said MORTGAGEE shall hav~ tM option Io recaiv~ and ~pply Ihs ~am~ a+ ~cw~m~ of 1M ind~bted~ ; y`~
neu s~tur~d Mreby or q permit taid MORTGAGORS to rtceiv~ u~d ust it or any puf theraof fw oiher purpotp, wi~hout thaeo/ waiving w rnpair•
inp any pu~ty, lia~ or riyht u~der a by virtw of this mortya9e; ~nd if1 tM ~vMl Nid MORTGAGORS sh+ll for ~~y reason f~il 1o katp tM t~id pr~mises w
fnsured, or fiil ro deliv~r pranptly any of said policies o4 i~swua~ to ss~d lNORTGAGEE, a fail promptly to pay fully ~ny prsmi~m theretor w in ~ny ;
r~spect fail b pNfw~L discharge, execuls, etfed, complete, comply with ~ed abide by this tov~nsnl, a any part M~wf, taid MORTGAGEE may p~~n ~~d ~ r ~
paY iw suc1~ te?sura~ w any pa~t thereof wi~hout w~tvinq w affadlrq any optto~, lian. equtty, o~ riyM unde~ w by vir?w of this Mortya~, ~nd the
full amount of each u~d ewry such paymeel shall be immediately due ~nd pay~bk and shall bear iMerest from tM date thereof vntil pald ~t th~ rat~ ol , ~ i
nin~ p~r centum psr annum and together with such interest shsll be secured by the lien o( this matyaye. •
1. To pamil, commit or suffer no ws~te, impairmc~t w dNerioratioe~ of uid property or ~ny part thereof. ~
S. To pay ~II ~nd slrgvlar ths costs, charoes and expsnses, includirg a reasonabk ~t~orrNy'~ fee and cotn ot ab~tracts of titl~, inc~rr~d w p+id ~t
any ~ime by said MORTGAGEE, becsuse a in ~he ~wnt of ~M fs~lure on tM pah of ~M said MORTGAGOR a duly, promptly a~+d fvuy P..f«m, d~.ch+.~
execv~s, effect, complet~, comply w~th ar.d ab~de by -~ach ~nd every the stipul~t~ons, spreemeros, cond~~ion~, •rd coven~~n of said p~omiuory nor• and ~h~~
mortg~e a~ryr w either. and said coan. charges and expenses, esch and every. sMll be immadiately dw and p~yabl~: wMther w ~ot tMr~ be notiu ds
msnd, atrempt to colled or suit pe+~d~ng; ud the full amount of each and wery s~ch p~yment ~MII be~? intere~t iran /M date thereof until p~id ~t Na
rale of nine pcr centum per arn~um; and all said cwts, tharges and expenses incurred w paid, logtther w~th suth inl~r~st, thal) b~ sKVred by ths li~n of thit
mortpap~.
Q Thal (a) in 1hs evaM of any breach of this Mwtgay~ o? default on the part of rhe MORTGAGOR, a(b) i~ tM eve~t ~ny of ~atd swm of nwn~y
herein refe~red to bs not promptly and fully paid within thiry (30) dsys nexs aiter the same seve~ally become due ~nd payable, without demand o~ notits,
w(~ in th~ evenl e~ch and•every 1F+e ~tipulstiora, agreements, co~d~tions and coverunti of sud p.omiuwy note and tlas mwtpape any a~itFwr ere not
iviy. promptly and fully pafo?med. d~scharged. execu~ed, eftected, comple~ed, compli~d w7th ~nd abided by. tMn in ather or a~y such ev~M tFw uid a~
pregatt wm mentaned in said p~omissay note then remai~ir?~ unpaid, with intarest accrued, snd ~II moneys secured hareby, sMl) bttomt dw and p~y~
abte fwlhwith, a ~FKreafter, at the option of sa~d MORTGAGEE, as fully ~nd comptetely as if •11 of ~he wid sums of money were wqinally ttipvlated
to ba paid on such day, anything in said prom~ssay note a in this Mortgage to the contrary r?otwithstanding; and thereupon a thereaher at th~ option of
said MORT6AGEE, without notice w demand, suit at law or in equity, there(ore or thereaher bcgun, may be prosetuted as if ~11 moe~ey~ s~tur~d hereby ~
had matwed pna to itt inslitutiOn.
7. That in the event that at the beginning of or at any time pcndirg ~ny wit upon this Mortgags, o~ to foredos~ if, or fo reform it, w to e~fwq
paymem of any daims hercunder, taid MORTGAGEE shall aFply to thc Cour1 hsving junsda+ion thereof fw the sppointment of • Receiver, suth Court shall
fwthwith appoeM a receive~ of said mo~tgagcd property •II and singulsr, includ~ng all and singular 1M income, profib, iswes u~d r~venues irom whatever
source detived, eath and every of which, it beirg exprtssly urKkntood, is hcreby mwtgag~d ~s if spetifiully s~/ forth and dettribed in tM prantirg artd
habendum clauses he~eof, and such Receiver shall have ~II the boad and effecrive tunct+ons and powers in anywise eotrusted br a Covrf to a Raeiver, ~nd
such appointment shall be made by wch Cou~t ~s an admined equity and a matter of absolu?e right to said MORTGAGEE. ~nd without r~fere~ce to tM
edequacy p inadequacy of the value oi the properfy mortgaged or to the sowency w insolventy of said MORTGAGOR a the defendants, u+d that suth
rems, profin, income, issues and ~evenues shall be applied by iuch Receiver accwdinp to the lien or equity of s~id MORTGAGEE ~nd the praditt of suth
Court.
8. To d~rly, promptly and fully perform, dixharge, execute, effect, comptete, comply with ~nd abide by each ~nd evtry the ttipulalioru, yreements,
conditions and covensnrs ~n aa~d p.om]ssory note and this mortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in • person other than fhe MORTGAGOi~ f!»
MORTGAGEE, its tucceuon and auipni, may, without notice to tAe MORTGAOR, deal with sucl~ aucceuw or successar in int~~ut with reference to this
mortga9e and the. debt hereby secured in the same manner as wrth Mortgagw w~lhwt in any way vitiatinp or d~scFwpinp the Morty~gors' li~bilify her? _
under a vpon t!?e debt heeeby secured. No sale of the Fremises hereby mortgaged ~and no (orbearance on the p+A of tM MORT6AGEE or in successon
or asiigna and no extension of the time iw the payment of tF~e debt heroby sacwed qiven by 1M MOR7GAGEE w its s~cceuon or suigm, shatl operat~ ~
ro releaae, d~scharpe, rpod'rfy change w affeu the wpinal I~ab~lity of the NIORTGAGOR hereirw, ~itber in w~o{s or in put }
1
10. It is specifically agreed that eime is of the essence of this contracf arad thal no w~iver oE any obligation hereunder w of ths obliyatio~ se- t
cured hereby shatl at any time thereafter be held to be a waivrr of the terms hereof w of the instrument setured herby. ~
11_ In add:tio~ to the fwego::~g monthly payments of princ'pat and interest required by tlx promissory nore secured hereby, morfflagor covensnri i
and agrees ro pay ~o mortgagee wlh each monthly payment an add~rtonal sum estimated by mortgagee to be equst to 1/12 of the annwl cost of the folbw- ~
iMJ: . . . - . ~ f
A-All real p~op~rty taxes lev~ed or asscssed agsinst the abovr desuibed 'real estate. , , ~
B-Prem~ums on fire and windsro:m ensurance as herein reqv~red to be carried on ~he improvemeats situate a1 tha sbove destribed premises.
, C-Piemiums on wch mwtgage guaranty insurar~ce as mwtgagec ahatl from t~me to time deem fit to urry on the (oan setured hereby.
~ Mwtgagee shall from time to time natify mottgagor in writing of the amount due and
i payabk hereunder ~~d such sum shall thereupon be due snd
~ F.ayable on the due date of the next month!y payment and each successive month thereafter ur.til mortgagee ~hall notify mortgagor of a cha~ge in such
~ amount. Such sums shal! be appfied by mortgagee toward the payment of real property taxes, insurance prem:ums, snd mortgage gua~an*y insurante
s P~emiums. •
~ WITNESS H EOf the OR /1GOR has hereunto set his hand and seal the day and yesr first aforesa'
E ' ned, nd i t essnce of: Fllfb LY:• :fC{ti~DEO ~ i
I - ft. LUC~~ ~CJNtY fU_ ~ ~ ~
~ ~ RG~L` ~ V~~RAS Cl b@Z
, Cl£F~ ; .,;JII COURT }
~ ar~ ; • q r
,
~ ?eresa/Huber
~ STATE OF FLORIDA I~ ~
cou~m oF st. ~.ucie _ 319t365
Beiwe me personally appeercd Huber
his wife, to me well known and known to me fo bs
~he individueta deu.ibed in and who execuf~the fwegang instrument, and acknowledged before me tMt they executed ths same for the purposes
rherein exp.essed. And the said Teresa Huber
w~fe of the w~d C1Y~Q Huber , upon • sepirate and privat~
examinat~on by me tsken sepsrate snd apart from her said husband, ackrwwledged to snd befpre me tMt she execvted said irutrument fre~ly u~d voluo-
~ ra~ily and w~thout ~ny compvlsan, constraiN, apprehens~on, w fear of or from her said huabsnd.
_ WITNESS my hand and offici~l ual thit ~~-'t~-' day o ~CtO~ei a o. 1975
~ / t /
~ ~ Nobry Public in ~nd fw the tate of id~ ~f lups
~ My Commiuion ~xpires:
~ Return To: ~~-~~-/>5 ~
~ fint Federal Saving• 3 Loan Association ;
~ O~ Fort P~erce. . . ~
~ fort Pierce, florida v` _ y~~f4~~~~.~'
~ -
~ •~••'•:e'~~ `j,'~i
~ ~~~~I'.r.
This Instrument Prepared By ~ohn W. Collir~s ~ _ ~ ~ ~
First Federa) Savirsgs & Loan Association - ' ~ ~ ' ' : -
~ of Fort Pierce ~ F l or i da - p P . ~~'i~,
~ ~(~9~/ 'l ~ , .
Checked By . ' •~,a ~r`~~ • _ • ~ . :t ; .
~ "r:-;i,.
~ i
y
~
r _
~ ='s _ - ~
rv..Y~~,. ~ t. _ _ _ r . _ . , _ . _ . , .