HomeMy WebLinkAbout2973 To pl~u ~nd contlnuously ke~p on ths b~~:d~rgs now a hs«ahN ~itwh on N~d ~and ~nd on all puiprn~nl ~nd pKton~lly cover~d by this nw~1~
with ~II p~~miums ~h~reon pa~d in full, fih In~~r~nc~ in ~M usu.~ ~undard policy fam, M• ~ven ~pprcv~d by tM MORTGAGEE, +ed wind~tor~ '
ira~x~nn ln tM ~wal sundard pol:cy fwm, in a ~wn approwd by th~ MORIGIIGEE. In wch oon?pany a con~pania a 1M NIJRTGAGEE nNy .
dlr~ct~ and all iK~ and w~odsrwm iraor~nc~ polici~s on ~ny oi ~aid buitda~p~, any tnN~~ the~~in a parl t1+K~o1, M1 1Iy ~~l~it~ WIn ~~OffNW
In Ncc~u ~Mrwf. ~hall contaio tM uiwl itandud mor~yqN clw~ a suc}~ otha dws~ M tlN Map~pe~ may rp~'u~. nwkieg t!» Iw~ w~da ~aid po~?' i
cip. e~ch and ~vKY. WY+bI~ to iiid MORTGAGEE as its intKN~ maY +DP~~~, and ~ach w+d ~vuY wch Pclicy ~ha{I b~ promPtly ~:yMd and d~livK~d 1! 'r;
~ny Mld by s~id MORIGAGEE ai fwrl?K secv~ity to aid mortpa9~ dtbt, and. no~ I~a~ tMn ~M q0) day~ In ~dvanc~ of tM ~xpk~tion ol Nch policy, to d~ _
liw~ ro uid MORTGAGEE ~•ren~wal thaeof, roy~thK wi~h • r~nipt f« tM pnmiun~ ot wch r~walj a+d tMr~ sh+lt bt +io f~r~ a wtnduorm kaur~
plac~d on ~ny of ~aid bufldlny~, ~ny (nter~st ther~in u put thaeof, unlKS (o tM fam and with tFw loss p~yabM a ~fw~taWr and in tM ~wnt ar?y swR~
of nae»y b~com~s p~yaW~ undN wch poliqr a policNs said MORTGAGEE ~hall !?~w ~M optioe? ro ~ec~iw u+d ~pply tM wn~ on aaount of ~h~ Ind~btd~
nai ~acured Iwebr a w pa~rtmit s~id MORTGAGORS lo npiw u~d vst N o~ any p+?t tMrwf for alx~ purposes, wi~hout tf+Kab~ waivi~~p w anp~u• i
Inp any pvity, lien or riyht under or by vinu~ oi this mortpap~j ud ir? ~M ~w~t a~d MORTC,AGORS ihill fa r~ason f~il fo kNp tl» s~id pnmiNS~
insv.ed. a f~tl a delivtr p.anpNy any of said policip of imw~i+u ro said MORTGAGEE, w f~il promptly ro pay fully ~ny pr~miwn tha+fw w in
ntp~a t~il to pKform, dixMr~, ~:acut~. ~ff~ct. complet~, comply with and aWd~ by tMs oove~ant, w sny put hKwf, wid MORTGAGEE m+y pl+d s~d
WY fw wcF~ Iravranc~ w any part tMroof without wslvinp or ~Hectinp +~Y cPNa4 ~ia+. pu~~Y. w ri~M und~+ or by vlrtw of this Matps~. and t~[~.~
h,ll amoum of ~ach and ~wry ~vch paym~nt st+all b~ immadiahy dw and payabl~ and sh~ll b~u inNres~ from tl» daN thHwf until p~W ~t eM ~at~ oi"
nirw pa ctnt~m pa u?num and to9ethe~ with such intKest sh+ll bt secur~d by N+~ IiM of thi~ morty~p~.
1. To pKmit, commit w svtfN no wut~, impsirmeM w daterior~tion of s~d propetty ot ~ny psA 1Mrc~oi-
S. To pay ~II and slnpvlar th~ cost~. charpes u~d exp~ns~s, includirp • rNw~?~ble ~tto?ney's fN u~d catn of aMh+cts of titl~, L~cvrc~d o~ p+id at
any tims by said MORTGAGfE, because or in tM event of th~ failws on 1h~ put of tM said MORTGAGOR b duiy. P.o~.~y a~,d fuur p..twm, d~sc~
•xecut~, effect, oompkro, comply w~th ~nd ab;de by e~ch ~nd ~very the stipularrons, ayreemen», condi~ion., aeK! aovenann of said p?omisw.y oot• .nd rhi• ~
mwtype any w ei~he~. and s+id costs, ch~rya u+d expenses, e~ch ~nd rvNy, sh+lt b~ immediat~ly due ~nd pay~btr, whetM? a not tMn b~ notip d?
mand, ~nempt fo colled w wit pend~ng: and ths full amount of each snd sve~Y i~ch psymeM shall b~a. imenst fran tM dat~ thtreof vnril p~id at tM ~
rate of nine per cenWm per uuwm; and dl said costi, thar~s and exp~nset incvrred p paid, togsther with such intK~sL ahill M Ntw~d by th~ IiM of thq ~
mort~ap~.
6. TMt (s) in the ~vent of ~ny bresch of this Mortgay~ a default on tM part of tha NIORTGAGOR, a(b) i~ tFw ~veM any of s~1d sums of nwrwy
her~in referrtd to bs not promptly ~nd fully paid wi~hin thirty (30) days oext aftx tM same severally becan~ dus ~nd p~yabb. witlavt d~nwnd or notic~
or (c~ in tl» evsnt each and everyr tF~ stip~?kt~oru. ~g~eement~. conditions and covenants of s+~d promissory net~ and tlws matpa~ ~ny a eitl+u an no1
iuty. promptly and fvlly pe~famed, d~schuped. ~xaw~ed. effected. canplNed, compllad wiih a~d abided by. 1Mn in either or any such ~wnt th~ ssid p~
preyah sum m~ntaned in said promiuory nor~ then remainirq ~npaid, with imeteu +cuued, and all moneys sec~red het~by. tMll b~cwnt dw and p~y~
ab1~ fathwith, W tAlfNftN~ at the optan of sa~d lNORTGAGEE, at fully a~d compk~ely u If all of the uid wms of mon~y wen aigii»Ify stipul+ted
to be paid on wch day, a~yfhinq in said p~om~uory noM or in thh Nbrrpage to the contrary notwithstandinp; and thsreupon or ther~afts~ tl the option of
said MORTGAGEE, without noNce or demand. suit ~t law a in aqvity, therefae or thaeafter be9un, may bt proNCUt~d a ff all moneys fecur~d Mreby
iwd m~tvred prwr 1o in institutipn. _ +
7. TMt in tM event that at the be9innirg of a ~t ~ny time pendiny any wit upon this Mortpaye, a 1o foredose N, w ro rofam h, or to enfwp
payment of a~y claims here~ndei, said MORTGAGEE sh+ll appty ro the Co~M having jurisdK~ion theraof fa tM appoinsment of a Reaiver, sud+ CouA sMll
forthwith appoint s r~ceivs~ of said mwt9~ged propeAY ell and sirgvlu. includ~ny •II and si~yvlsr tM incane. pofits. istues and rewnws fran what~wr
tource detived. each ~nd every oi which, it beirg exptessly ur?derstood, is hereby mortgaged as if spatifitaUy set forth snd d~Krib~d in tIN ~antiny and
habendum clauses hereof, and such Receiver shall Mve ~1~ the broad snd effective funct~ons +~d powers in anywise emrvsted by a Cowt to ~ Rectiva, and
such appointment sh~ll be made by such Cowt a~ an admitted squity sod a rn~tter of sbsolute right to s~id MORTGAGEE, u~d withouf rtferente fo fFr
adeq~acy or in~deqwcy of the value of the property mortysped or to the sonrency w insolvency oF said AhORTGAGOR a th~ defendan», and ~hat wch
ren*s, profits, income, iuvea and revenues shall be ~ppt~ed by such Receiver accordng to the (ien or puity of said MORTGAGEE and tM practiu of such
Coutt.
8. To d~fy, promptly ~nd fully p~rform, d"ischa~gt, exeoute, effed, mmpkte, comply with ~nd abid~ bp ssch u~d every the stipulata% ~preamenri,
conditions and covenants in sa~d promiswry note and this mor~gsps set forth.
9. Th~t i~ the event the ownership of ths mort~sqed premises, or any put thereof, btcom~s wsted in • perwn other th~n ihe MORTGAGOR, fh~ .
MORTGAGEE, iri wcceuors and ~ssigns, may, withovt no~ice to the MORTGAOR, deal with such waessw or wccessa in interqt with reference to this
mortgage and the debt hcreby secured in fhe iame msn~er as with Mortgsgor without in ~ny way vitiaties~ o? dischugi~p the /Awtg~pws' lisbiliry htra
undcr w upon the debt hcreby secured_ No ule of the premises hereby matgaged ~nd ra fabear~nce on tM part of tht MORTGAGEE w iq waeison
or auigns and no extension of the time fw tFx payment of the debt haeby secwed yiven by tht MORTGAGEE or its wccessors w assigns, at»I) operat~
~o release, discMrye, modify change or affect the origi~at lisbility of the MORTGAGOR herein, eithe? in whols w h+ pa?t.
10. It is specifically ag~eed rhat time is of the essence of this contracl +nd that no waiver of any obti~ation herevntkr or of t!?~ oblipation s~-
cvred her~by ahall at any time ~hereaher be hetd to be ~ wairar of the lerms hereof w of th~ +nstrument sscured herby. •
11. In addition to the (orego:ng monthly payments of p?ine:pai and intarest required by the prom'wsory nWe sec~xed hereby, mortgapor tovenants
and agrees to pay to morrgagee wi~h each monthly payment an add~rio~al :um es~imated.by matgagee to be pwl ro 1/12 of the annwl cost of the follow-
fng: . ~
A-All real property taxes kvied w assessed against th~ above described real esqte.
B-Premiums on fire and windstorm insurar.ce as herein ~equ~red to be csrried on the improvemen» sitwte on the above desvibed premises.
~-Premivms on such mortyage guaranty inswance as mwtgsgee shall from time to time deem fif to c~rry on th~ bsn tecured hereby.
~ Mwtgagee sfiall from ~ime to time no~ify mor~gagor in writing of tlx amount dve and paysbk hereunder snd svch wm shall therevpon be due ~nd
payable o~ the due date of the next monthly pa°~ment and each succeuive momh thereafte+ ur.til mortga9ee thall notify mortgsgot of • thanpe in wth
amount. $~ch sums shall be applied by mortgagee toward tlx psyment of real property taxes, insvrsnte prem:vms, ~nd mottgsge 9uar+nty ir?wru~ce
premiums. . ,
IN WITNE55 WHEREOF, the said NtiORTGAGOR has hereuoto set his hand and se~l the day ard y~ar fi~st essid.
--sS9rxd. Sealed and delivered in tht presente of:
- - ` - \ - (w4
, (~~i,,~t,. , (~~,,~„~,r-,~i ~ Je ome T. ~roghan ~
; . a s ing e a u t ~n
~ +
; ~.n
~ STATE OF FLORIDA
` tounmr oF St. L.ucie ~ ~ ~
~ Jeroae Cro4han, a single adult
Before me personally sppeared ~
~ KX~i9~i
e, to me well known and known to rn~ to b~
E the Ind7ridu described in and who executed the fore~oing inst~ument, and sde~owledped befors r?w that /hq executed the ssms for tF» pwposes
4
, therein expressed. -
i ~
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€ WITNE55 my hand snd official ~eal thi r ~y o{ OCtOb@Y ~ p. 1975
" ~ ~
; FtLED a~'.~ ~~C~ ~
ST. L11L't~ C:;t24TT FIA. Notary Pvblic in ' tl+t Stat~ of florid~ at lar~
t f+GC=: ~i:1TRA5 My Commission pires:
` Returo To: CC~::1: '.'-i.'~iT COL~RT Ncto P~':1k, ~ta.c of F(orFla c1 Lr~
b:~'i ii;. u ry •
~ Fint Feder~l Savin9s a loan nssoc~ar~ ~ ~r.r ttr:~::;s::,,, =x '
Of Fort P~erce. P.:es Sui~ 22. 1977
fort P~erce, Flwida OCT l' 12 1 H~75 - SO~~d br ~1ef"'~ Ft° G Cas~;sy
~ ~ 9`_~ 9z : -
fi - ' _
This Instrument Prepared By Gar y F. Bl lv~?ood ~ ~ ~
~ First Federal Savings b Loan Association _ ~:j.
s of Fort Pierce , E lor ida ~ ;
~ Checked By - - ~L ~
ti ~~~f ~ .
= . F~-\^~.~ - t-s:;.
` ~~1~-~~ a~"i~~•~~,~~._~.- .~:~F..~ `4 -
~ ~~244 ~ ~ ~sESi~ _ .~r~rit~?~~.~~~,~-~`
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