HomeMy WebLinkAbout0147 t` " ` i 't:. •
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To plac~ ~nd co~~inw~sly ke~p on ~M build;nps now a I+K~ahK ~Itu~q o~ uid land and on dl p~ip~t ~nd pKwn~liy wvK~d bp ~his nwrt~ i
p~, with ~11 pr~miw~a thsr~a? pa~d in (uQ, tin i+?su~~nc~ in tM vwal iurdud polky fam. b• wm ~ppowd by flw MORTGAGEE. ~+id w~tam i
Inswurct in IM wual ~tanJard PaK1l ~m, in ~ wm ~pprov~d by tM MORTQAGEE~ in Wch con+P~nY w ooen~n?hs a 1M N10RiGAGEE n~ay S
dincq and ~II ib~ ~nd w~torm Iaswana P~iciw on ~ny qf Nid buildinpi, i~fy (f1iNHt MM~N1 Of pNf tI1N~0I. in tlw pprp+M ~wn ~faaaid a 's
in ~zaa ~he~wf. shall ooMafn ~h~ uswl n«+dud mo.~papw c1av~ a~uch a1+M dau~ ~M 1Nortpap.. m.y nq~u~, mak~np rh~ loa w~d.. ~aid poli~ 3
ci~s. ~ach and w~ry. MY.:da a ~sid MORTGAGEE a~~s ietKnt m~Y +~pP~w. «+d ~.ch .~d .w.y •uch Pa~cy .h.ti b. aomWhr .w:~n.d .nd d.~iwnd ro
.ny MW by u~d H?OttG~c~Ee a~ tu.~h.. s.cw~ry a..W Ra.q+9. dsW, aod. not I~u tha~ nn (10) d~ys k? adv+na of tM ~xpMation of t~ch P~kN, W d~-
livw ~o saW MORTGAGFE a n~wal tl~eof, top~~l~ with ~ ~~u1pt fa tM pnmlwn o~ wch r~?~wdj and ~Fw~ aMll b~ no fir~ w wind~tam insw~u
pl~csd on aMr of s~id buildinpa, aoy letaat tM~~ a pa~ tMnof, vnl~ss in rhe twm ~nd w„h ~M ~ pay.bi. a.fw.atd, +nd ~n ~h. •wm .Mr sw~
of mon~y baca~s payabN vrxlK wch policy a polici~s s~id MORTGAGEE ahall iww th~ option to naiv~ and apply tM sanw on aceount of the ind~bted~
n~st s~cw~d I~~by a 1o pe~mil uid MORTGAGOltS ~o naiv~ and uN it a~ny part tFK~wf iw other pwpo~es, without tMr~b~ wai~inp a imp~ia
i+p an~ pvity. li~n or riph~ w~d~r a by vi?tw of th4 morty+y~t «+d in th~ ~vM?t Nid MORTGAGORS tFNll fOt My tNfOfl f~ii b ItNp tIM NW p~M~IfN f0
~w,nd. w f.a ro d.iiw. a«naM a~y of ..w Poi~.s ot i~swa~ b uid MORTGAGEE. or fail Wa^P~b ~ WY h+~N +~Y W~miw~ tMr~fa a M«+y
r~~p~c~ f~il b pMfwnw, d4c1»r~. ~xecut~ ~ff~ct. complst~, oomply witA aed abW~ by this eowiwnt, p~ pirl IfNW~, ~aW MORTGAGEE nyy plaa ~nd
P+Y fa such Maurana o~ ~?y - p~t tM.wf withow w~iv4g or ~ff~ctlnp uhr eMion. (ien. pvity, or ripht undK or by virtw of this Mort9+~. and tl+e
full ana~~1 of ~ach and tvNy wch payrn~m ~hall b~ immedi~t~ly dw ~nd payabM and sh+ll b~ar imt~at from tM daN tMrtof until p~id ~t tlw rat~ ol
nins pK c~ntum p~r annvm +~d to~stha~ with wch untt~eit thall b~ aecvr~d by tM li~n of thi~ mwpsp~.
1. To pKmit, aannJt a wff~r no wut~, impairrrKnt a dHKiowtion of said prop~rry or any prl tMnof. E
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S. To pay ~I~ and aiepulu tM cosb, cA~rp~a and ~xp~ns~s, includinp • reason~bl~ attwney'~ tN and co~n of ~bsn~cb of titis, inwn~d a p~k! N i
~ny tim~ by said MORTGAGEE. baau~ or h tM evant of ~h~ failun on tM part of ths s~id MORTGAGOR w d~y, prompty a~d tv11y pKtorm, di~cMrq~ ~
eYecvt~. ~ffed, oomP~~~. ~'~P~Y with ~nd ab~ by ~ach and ~very tM ~tip~l~tiora, p~s~~~s. co~l'iNoM. and aownants of s+td pomissory not~ and ~hi~
^wrtoap~ u~? ar eittw~. end said aosts. cM~s ~nd ~xpnw~. ~sd~ and ewry. shall b~ knnKdi~tt~Y du~ and p~yabNt w1wlMr or not t1+K~ b~ notia ds ;
enand, ~nempt to oolkef a wie psnd~npj ~nnd tM full xnovot of each and wa+y such p~yment sMtl bN. intuest fran th~ daN tMnof w~til p~ld ~t tht
rats of oins per centum pe~ uuiwn; end all taid cwt~. chu~s ~nd expens~~ incw~ed o? paid. top~1M~ with wth Intvpf, aMU b~ sswad br tl» lien of thn
^anQ+Qw •
6. TMt in th~ ~wnt of amr bre+ch of th~~ Nbnpap~ or del~vlt on the part of tM MQRTGAGOR, a(b) in tM ~wnt any of s~~d avna of mon~y
~..f....a ~o a~?w ao~~y ~nd fulty p~id withln thirty (30) days nsxt ahe. t!w ~ s~wrally bscane du~ and p~Yable, whhaN d~m~nd a nwic~,
a W In tM ewnt each and ws~y tF+~ stipularions, agresrnMts, conditions and cown~nts of s+~d pan~ssory not~ +nd this mortpape ~ny a~ithK art no1
iuly. PfOf1lPtly a11d fYIIy ~OfIIN~ (IiiCFMt~ ~XKYfQ~ ~I~Ktld COf1lplff!<J, complied vr~~h a~d abided by, then II~ fitlflf q ~f1y ~{K~1 ~1llflt tIM Nid ~
preyats wm mtntiooed in ssid promiuory note then rem~f~inQ unpaid, with interest acu~ed, and all moewys a~cw~d her~by. ~U b~c~an~ dw Md p~Y
+bl~ forthwith, 01 tI1lfNf1M. at tM option of said MORTGAGEE, a~ fully s~ compMroty u ii all of ~he ~aid wm~ of mw?yr w~?~ oripinalty atipulated
~o bs paid on such d~y. anytfiug in ia;d promisswy oot~ w in this Motfyaye to IM tontrary notwithstaodingj snd ihsreupon o~ thaNfflr tht option of
said JNORTGAGEE. withow notiu or demaml, wit tl law or in puity, tMrefore w thers~fte~ beywy rtwy b~ ptosecvted q if dl enomy~ wtwsd lwtby
hsd ma?wed p~a. ro in imt~rwion. "
7. Thal in tM we~t that at the inni of or ~t a~ tuoe ~n suit thia Mort 4~ _
b~s ~o r i?•~+d+~w r wa+ s+p.. « w`tot~dos. i~~« io ntwm M, w.to enio.c.
paymtnt of ~ny daims Mre~rnder. s~id MORiGAGEE shatl apply to th~ Court Iwviny jwisdictio~ thereo[~~a tM sppoialnqQt of i Ri~i~iN~ ~ud1 Cant sMll
Fo~thwith ~ppoirtt • receiver oi said mwtpaped property d) a~d sinpular, Includ~og all and sirgul~r d+~ ie~dA~e. #qtjtr.. awes'~1id'bwnwa frpn"whatwK
wvace derivad, each and ~very of which, it beirg ~xpressty undars~ood, is heroby morfyaged u if ~pe~ific~fly~s~t~fortk-~nd d~e~r~d Mj tM,9r~tinp ~nd
Mbendum clauses Mreof, snd :uch Reteiv~r shall Mve all tht broad snd effective funct~an u+d powe~s in anywiti eqitysted•bp A fo ~ R~oelva, and
tuch a ntment shall be made b such Cax1 as an ~dmined p e ft?~~
ppoi y puiry and a m+ner of abwlute r' h1 ro qid MWtTGAGfE, and w~' ti ~ b ih~
~dequuy or ie?adequacy oi tha valve ot the property morty~yed or fo the so?v~ncy a insotvency of aid MORiGAGOR or tht defendants, and.that such
.ents, profits. income, awes ~++d revenues ~II b~ applied by such Rece+ver accordiop ~o th~ liee? w puity oi ~aid MORTGACsEE and th~ pr~ctic~'of wch
Wwt.
8. To duly, prompHy and futiy perform, dischsrQs, execvte, effect, complete, comply with and abid~ by each ~nd ~very iM ~ipulatioru„ ~preem~nta„ '
conditions snd covenan~s in said promissory wote and tF?is mortgaye ut forth.
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9. That io the event the a,nrknlwp of tht nw~tyay~d premises, or any part theteof, betpnes vettsd In ~ pa~on othe~ thao tM MORTGJ?GOR, t!» }
MORTGAGEE, i» succeuors and ass:gro, may, without norke tb the MORTGAOR, deal with s~ch s~aeuor p succsssor in intaest with rtfer~nc~ to this E
mwtgage and the debl hereby secwed in the same manner p with Mortqspo~ without in any way vhiallnp o? t!'acharpinp tl+~ Mort~pots' liabiliry Iwrt
unde~ or upon the deb~ h~reby secwed. No s+ls of ths premises hereby raortyaped and no forbtaranc~ on th~ parl:of th~ MORTGAGEE a iq suuessors
or augro and no extension of the ~ime for the payment of the detit hereby secured y'rven by the MORTGAGEE or iti wtpssots or assi~s, ~I+dl op~rat~
ro rclease. d~scharye, modify charge o~ affect the oripinal li~bi6ty of ihe MORTGAGOR hereiq, eiNw in wf~ob~or-in part.
~10. It b spec~ricaliy agreed ~ha? time is of the eueoos of thb caaract and tMt no waivar ~of Nry oblip~t{on htrevnder or of tlw obUpation se-
~ured hareby shall at ~ny time thereafta be Mld eo be ~ w~iver of tM t~rma he.eof or of tF~e imtnrmsm secwed he?by.
I1. In additia~ to the forego:ng mrnthly paym.ents of princ"pal and interest required by the promiswry note secured hereby, mor/paQor tovsnu~ts
and agrres to pay to mortgagee w~eh eac~ mo~fhty payment an add~r~onst sum es?ima~ed by mortgspe~ ro be eqwl w 1/12 of the six?wl cost of the fdlow- t
usg:
A-All real property taxes ievied w assessed against the above described resl estate.
B-Premnxns on fire and windstorm insurance as herein requirad fo bc carried on the improvemeMS i~te on the above dexribed p?emises.
C-Premiums on such mortyaqe gwranty insws~ce as mortg~g~e sfiall from time to Yime deern fi! to prry on the loa~ saewed hereby.
Mortgagee shall from time to time notify mortgagor in writiny of the amount due snd payabk here~nder snd such s~m shall therwpon be dve and
payable on the due dbte of the next monthly payment ared each suctessive month thercafter tr~til mortysgee shall eotify mortgagw of a chargs In such
amount. Such s~ms shall be applied by mwtgagee toward the payment of real property faxes, insurancs prem:ums, and morty+ye ~uaranfy insunnce
premivmf. .
IN WITNESS WHEREOf, the said MORTGAGOR hss hereunto xt Fus hand and seal the day and yeu fint afore~aid.
i S~yr~ed, Seat~d ar~d deliwred in the presenu of:
; ' ~i. i--cs.~n
~ , , Char l ie W. Tay r J. ~
~ ~ (SeaO
~ K ~ ec . ay r ~Q
i
~ STATE OF RORIDA ~
~ couNnr oF St . Lucie
Befue ms personally sppeared Q . OY ~ I. ~
~ Beeky A. Tavlor h;. wx~, ro me well known and known ~o m. ro bs
the individuab described in and who executed the fore~oinp instrurtwnt, and acknowkdped beforo me that they executed tM ~arrk fw ths purposes
~ therein expressed. Md the ssid ~CiCY A~ TaYlOY
W~{e of ~h..~~a _ Charlie W. Taylor, Jr.
o- examinatiw~ by ms tsken sepsratt ~nd apsrt from he~ said Iwsband, ~duwwledged to a~d befw~ m~ thst she exewted aaid inttrvmenst
ht~elyaird voluM
~ tarily and withovt ~ny compulsion, co~?straint, ~pptchtnsion, or~feu of o? from her said Fpnband.
~ WRNESS my h~nd snd offic;al seal thn b~ day of ~CtO~eY p, ~q 75
~ F~~~o t~r =..cc;anEO ~-~t~. -
- S1.lUC~C ;l'Jk7T - Na Pvblic in t h~ Stat~ of Fbrida at lar
- . 'i;1?RlS 'ry ~
' f i~ K:. • 7 C.~ U R T My Commiuion •'res:
~ Return To: .~e: r~ : f-.-~` n~~~~ ~ Pobiic, Slah! of 1~c.:io of lc.e~
t1oMry'
g Fint Fedenl Sav' s a loan Assaciation ~ ~ •
r ~ lty CeTm:s::~~ Er;~:iss i', 147T
~ Of Fw~ P~erce. OCT L~ ~ 25 I~,'!
~ Fort Pierce, flwida 3or:~.d by l.r.~ttain F:r_ b C:~uulzy G.
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~ 3~9464 ~ .
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& This Instrument Prepared ByGary F. E~lwood .
~ First Federal Savings b toan Association . ` ti; v ~
~ , ' of Fort Pierce , Florida = ~ ' , ~ ~
~ ~ : o c.: ~
~ Checked By , . ~ ~ CJ :
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~ ~~~fl/i111«`,~.
~ . ~ $40~(~:~J ~E ~ • - ; ' - .
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