HomeMy WebLinkAbout0152 J. To plece a~~d conrinuous~y keep on ~he bu,'J;ngs now or hrreaher s~tua~e on ~a~d Isnd and o~ sll equiV~nenl and person~lly covered by 1hi~ mwtq-
~ye, wi~h all p~e~»iums thrreon Na.d m fuii, fire i~~surence ~n ~he ususl ~tandard poli~y form, in •~um aHp~oved by the MORIGAvEE, and w~ndetorm ~
insvrance ~rt ~he usval ,~~~,da.d pol.cy fonn, ~n a 3um app~oved by the MORIGI~GEE, in svth compa~y o~ ca~pan~ef af N!ORiGAGEE may
d~raU; and all fire and winJi~orm ~nw~ance poitc~es on any of ia~d bu~ld~nys, any inror~~t ~herein ar per~ thereol, in the a99rrga~e wm afo+esaid w
in eace~s ~hrreof, shall comain the usual afa~~dard +no~~gag~e c~ause or ~uch othe~ clauie as Ihe Mongagae may reyu:r~, rtukinfl ~M ~oss under sa~d poiE .
cies, each and every, pay~bte ro said MORIGAGEE ss its ~nterest mey appea~, and e~ch and eve~y auch poi~cy thall be promptly au qn~d •nd delivercd lo
any Feld b~ isld MORiGAGEE as tui~he~ secu~:t~ ~o soid mortgage d~bt, and, nol less than te~ (10) days in advance o1 the eapiration of each pol~cy, io da
liwr lo seid MORTGAGEE a renewai thertof, toge~har wuh e rocekpt for the p~rmium of tuch renewal; and thero shall bs no iire or wir~d~to~m ir.~u~anc!
pl~ced o~ any of sa~d build~•~gs, any intrrest therom or pari thereoF, uniess in ~he form and w~th the ~oss payable ss a(oresaid; and in the evenl any wm
of r.~onay becornes p~yab~e under such policy a po6cie~ said MORTGAGEE shall have the op~~c~ lo recr~ve and app!y the fame on accoum of ~ha indebted-
ness se~vred heraby w ro permi~ ~a~d MORTGAGORS ~o receive and uie il w any parr ~hereof foi n:hcr pu~posra, wi~lwut ih~rco~ waiving o~ ~mpair-
ing any equ~ty, I~en w r~yh1 under or by virtue ot Ihis morigage; and in the event sa~d MORTGAGORS ~hall for a~y reason iail to keep ~he said premises so
ins~red, or iail to deliver promptly arcy of said poGcies of insurar.ce Io said MOR7GP.GEE, or fall promptly to pey fu11y any prem~um therefw or in any
respect fail to perform, d+s:tie~ge, execute, effec~, tomple~e, comply wEth and ~bide by thfs tovenant, w any part hereof, said MORTGAGEE may plate and
pey for such insurence or any part thereof w~thout waiving or effecting eny opuon, lien, equ;ty, o~ riyht under or by virtua oi this Mo~tgeye, ~nd the
f~ll amo~nt of eech and every ~uch pay~nant shall be immediately d~e and payabfe and thail brsr interesl from the date the~eof umil peid a~ the rate ol
nine per ce~tvm per annu n,~nd to~rther vvith such inrerest shali t>e secured by the tien of th+s mortgage.
To permit, commil or suffer no waste, ~mpairmrnt or deter:orat~on of said property w any parl thereof.
5. To pey all and •ir+gular 11x tosts, charges and eRpenses, ir.clud~Rg a reasonable a+torney's fee a~d costs of abitratts of title, i~curred or psid ~t
any time by said MORiGAG:E, decause or in the evcnt oi the iailure on Ihe pan of 1he said MORTGAGOR to duiy, promptly and fully perform, d~uhargq
exetute, effec~, cemp~ere, tomply w~~h and ab:de by eath and rvery the ~tipulat~oos, agreen~ents, tonditions, and wvenants of said promisso~y note and thi~
mwtgage any or enher, and sa:d costs, chargei and expenses, each and every, ahall be immediately due and payable; whethe~ W not ~Fxre be notict de~
mand, auempt to cotlect or w~t pe,id.ng; arx) the tull amcunt of each and every such payment ahall bear ioteres~ from the date thereof unti! paid at ihe
rore o? n~ne per crnwm ~.~•r an~,u,n; ,:r.~+ aI~ said cos~s, charge• and expenses ~ncurred w paid, together wdh such interest, iMll be secured by the I~en oi thu
mortyage.
6. ihat (a) in the evenf of any breach oi thi~ Martgage o~ default on ihe pa~t oi the MORTGAGOR, or ;b) in the event any of said wms of money
herein referred ro be not prompt!y and i~lly paid within ~h~rty (30) deys ~ex~ afte~ ihe same severally become due and payable, without demand or notite.
or (c) in the event zach and every the sl~puFations, agreemrnts, condit~o~s and tovenants of sa:d promiswry note and Ihis morfgage any p e~ther ~re nol
~uty, promptly end fu~ly performed, dacharged, executed, effected, compieted, compLed viith and a6ided `~y, then in ei~her ot a~y wch event the said sg
gregate sum menrionec+ in sa~d prom~sso~y note then remaineng unpa~d, with interest accrved, and all moneys secured hereby, shall become dw and pay-
able foithwith, or thereafter, at the option of sald MORTGAGEE, as fully and comple~ely as if all o~ ~he said wms of money were o~~ginally st~pulated
ta be Fa~d o~ such dty, anything ~n sa.d p~omisso~y note or in Th~s Mortgage l0 1F.e tontrary notwithitanding; and thereupoo w lhereaffN at the Option of
sa~d MORTGAGEE,. without nor~ce or drn,and, su~t at law w in equity, the~efo~e w thereafrer beguo, may be proaecuted as if all moneys tecured hereby
had matured p~~w co its institut~on.
7. That in the event that at the beginning of or at any time pend~ng any suit upon this Mortgage, a to foreclose it, o~ fo reform it, or to enforte
payment of any daims hereu~~oer, said MORTGAGEE sha?I apply to rha Cuuri ha.•ir.g ~umd~c~ion thereof far the appoimment of • Receiver, such Court shall
Forthwith appomt a receive~ of :aid mortgagetf propeity all and singutar, includ ng all and singutar the income, profits, iisues and revenues frpm whafever
source dtrived, each and every of ;vh:ch, it be~ng eapressly une~e:s~ocd, is hereby mortgaged as if spetif~calty set iw~h and desuibed in the grsm~ng a~d
t:abendum dauses hereof, and suth Recelver shali have all the broad and effective fur.cuons and powers in anywise enuusted by a Court to e Receiver, and
s~ch appointme:u shall bF inade by auch Cou~t as an ad~nirred equity and a ma~ter of absolute r~ght to said MORTGAGEE, •nd withoul reference to the
sdequacy or inadeq~acy of the value of fhe properry mo~rgaged ur to the so~vency o. ~nsoivency of sa~d MORIGAGOR w the defendants, and that such
.enfs, proffts, income, is~ues and re~enues shall be appGed by such Rece~ver accord,ng to the lien or eq~ity of said MORTGAGEE and 1he proctice o( such
tuurt.
8. To dvty, promptl/ and fully perform, discharge, execute, effect, con,plete, comply w~th and abide by each a~d every the stipulctiens, agreement~,
condit~ona and covenan~~ :n said promusory note and this mcrigage srt fo.th.
p. Tha? in the event the ownership of the mortgaged prem~ses, or any part the~eof, hecomes vested in a perwn other than the MORTGAGOR, the
Y.ORTGAGEE, its wccessors and ass~gns, may, w~~hout nonce to thf lKQRTGAOR, dea! wnh such successor w successor i~ interest with referen~e to thi~
mortgage and the debt hereby secvred i~ the aame manner as w~th PAortgagor w~thout in any way vit~ating or d~xharging !he Mwtgagori liebility herr
~nder or upon the debt hereby secured. No sale of the premises hereby mo+tgaged ~nd no forbearance on the pan oF the MORTGAGEE or it~ sutcessors
or ass~gns and no extension of fhe t~me fw the payment of thQ debt hereby secured g~ven by the MORiGAGEE or its suctessors or ass~gns, atiall operale
ro re~ease, d~scharge, mod~fy ~hange or offect the ong[nai Iiab:I~ty of the MORTGAGOR herein, eithe~ in whole or in pan. ~
10. It is spec~f~caily agreed ~haf time i~ cf the essence of this contract and that no waiver of any obligation hereunder or of ths obligation se
cured hercby shafi at any time rhereafter be he!d to be a wa~ver of the terms hereeE or of the instru~nertt secured herby.
l l. in add.non ro ihv forege ng ~„onrh'y paym ~nes of ~~r~nc pal and interest requhed by the prom~ssory ~ote secured h¢reby, mo:tgagw covenants
and agrees ro pay ro ~~:crtg:iy~_e v.:th each cn+h!y pa~, :ent an add~r~onal sum esnmared by mortgagee ro be equa: to 1;'12 oi the annual cost of the foliow-
~ ~sg:
A-Alt real proFerty taxrs levi_~ or asses:_d a~:~•ut the above descr;bed real estate.
B-Prem~u•ns on .fire and windsto:m insura::ce as i~ercin requ.red to be carried on the improveme~ts s~wate on the above destribed premises.
, C-Premiuc~s on such mortgage guaranty ir.sura~.,e as mortgagee shail from t•me to time deem fit to carry on the loan secured hereby.
Mortgagee sh.;;1 from t~me to t~:ne rtoNFy mongagor ~n writ~~g of the amoum due and payable hereunder snd suth sum shall thereupon be due and
c ayeble on tiie due daie of the next monrhly payment and each successive moMh thereafter ur.til mortgagee sha8 notify mortgagor of a change in such -
I ~^~ount. $uth sums sFa:~ be app:ied by mortgegNe toxard the payme~t of real property taxes, insurante prem:ums, and mortgage guaranfy insurance
` p~emiums.
' IN WITNE55 'NH_REOF, rhe sa~d MORTGi.GOR has hereunto set his band and scal the day a year firtt aforesaid.
~ 5' ned, Sealed and delivered ~n the ~ ~
~ g presence of: ~ ~
f - - - - L~E ,~i~ ~ ~ .n
~ _ R4Cfk~M,
~S-.-_
! ' _ _ _ CtERK i,+nCUr~ ~i ~
~ ` RECOR~ VEktFIfO„~w..... , , Se+~
~ S ~;~~J~-- 'R ~ ~ ~ SeaO
? ? ,,1
~ STATE Of fLORIDA ~ ~ A
s coutirr oF St ._Luc ie
' _ ~ 323f~91
~ Before me perwnally appeared .1am es C. Crawford
~ F„ith R ees Crawforci his wife, to me well known and krawn to me to be _
the individuals described in and who execu+ed the fcrego~ng instrumert, and atknowledged before me that they executed the same fw the pvtposts
~ rherein eapressed. And the saiJ________. Faltt2 R ees Czawford
r rvi(e of the sa~d . J0[D@5 C. Crawford upon a separate and privat~
e,amination by me taken separate and apart from her said huaband, stknowledged to end before me that she executed ssid instrumeM freely ~nd volur?~
~ rar~ly and w~thovt any compu{sion, constraint, apprehension, or fear of or from her said husband.
~
~ WITNESS my hand and offic:al seal this_____ l~th day of ~-'Ce~~-'= A. D. 19 7S
~
A 1~tary Public in and for the State of florids at larye ~
y My Commission expircs:
y Retu~n To: Notary Pubiic, S~~le of Fiorido 01 l,or
r first Fedcral Savings S loan Assxiatlon 9~
t My Com•••; ~::•6.rs A?ril 15, 1976
Of Fort P:erce. Bonded i,y Amar~can F:re 6 Cosueltp Cp, }
z Fort Parr~c. Florida
a
~ ;
Y : . ~
' This Instrument Pre~ared ByJ. H. Roberts, Jr. ' ?
3 1 jc _
~ First Federal Savings & loan Association j ~ ,
~ ~ of Fort Pierce, Flo rida 334 50 = - `
~ Checked By ~ ~ - ; _ .~C, ~ _ , ~ :
~ - ' ' ~
~ - ti i r':; - ~ J ,
~ • •_1. , -
$A
~ .
~
^s - - 4>, tE
,r ~ ~ ~c ~
, . ~,'"~~~"~F ~