HomeMy WebLinkAbout0499 To placi and continuou~ly kerp on 1ha bui!d:ngs ~iow o~ hareafi~r aitus~e on s+~d I~nd snd oo aH equipnem ~nd psnonally tove~cd by thi~ mat9- ~
ege, with all p~emiumi ~he~eor+ pa~r) ~n tufl, fre i~~~ran:e ~n ihs utual s~ards~d pc,:icy fo.m, in • ~um ~p~uoved by Ihe MORiGAGEE, and windstwm ? ~
insuranp io 1M usual aundard poi~cy fam, i~ a sum ap{xoved by tbe MORIGAGEE. io fvch tompany w tanpania as th~ MORTGAGEE may ~
direct; and aU (ire +nd w~nds~orm ~n~vronce p~tKles on +oy of aa~d bui~d~ng~, eny i~te~ust Iherei~ w pa~t Ihareof, In tiw ayyrepa~e a~m aia~iaid o~ `
In excess thrreof, shatl contain Il+e usua~ srendard mo+ig~gee clause w such o~ha dau~e as the Mortg~ge~ may rcqv~te, m~kinq fha loss und~r sa~d pol~ • F
c~es, e~ch sod every, payable ro si~d MGKTGAGEE as ~ts in~c~c~f may ~ppe+r, and each and every auch po!~q ihell b~ promptly a~s gned ~nd de~ivered +o
•ny hald by said MORTGAGEE as (urrher security lo iald n~~r~yaye drb1, and, no~ less than ten (10! day in advance of the expi~at~on of e+ch ,~olity, to da
I~ver fo uid MORTGAGEE a renewal Ihercot, togethar witb a rrceip~ for the pr~mium of such ~enewal; and there thall be ra f~re o? windirorm insur~nc~
placed on any of sa~d building~, any interest therein w part thereoi, unlass in the torm and wHh the Ioss payabte as a(o~eia~d; and in th~ event any ium
of mon~y bccomes payable under such poliq d policies sa~d MORTGAGEf shall hare ~hQ 0~1~011 t0 fKC~vO and appty the s+me on ~ccou~l ol the indebted~
ncas secu+ed htreby w to pcrmlt sa~d MORiGAGORS ro reteive and ws it w any pa+t nkreof Iw osher purposrs, ~v~thout the~eu~ waw~.~3 0~ ~~npeit- '
ing any eq~ity, lien or right under w by virtue oi ~his mo~tgage; and in ~he cvero ta:d J1~ORTGAGORS ~hall for ~ny reawn fait fo keep the said prtmitrs so ~
I.,wred, or (ail ro deGvcr promptty any of sa~d pof<ies of inw~a~ce to sa~d MOR1GAGtE, or fal promptly to pay futty •ny pranium thereta a in any
respect (ail to pe~tam, d~scha~ye, exacutr, effact, camp~rte, co~nply wiih ~nd ab+de by thts cove~anl; or any psn hr~eol, sa~d MORTGAGEE may pi~ce and
pay for suth inturence ot any part 1h:reof without waiving w effectinp any pptlon, iito. equity, or ~ight unJer a by v~~h~e of thif A1at9aye, •nd tAt
1~~I amounl of each and every a~ch payment shalt be unmed'utely dw and payable and sh~:! beer intrrest icom ths date thereof vntil poid st the raro ol
.e per irnt~m per annvm enJ together ~aith such ~~ver~sr sh.~I~ !x secured by Ihe Gen of this mottgaqe.
4. To permit, commif w sulfe~ no wsste, impairment a dFterioration of sa:d property ot any part thereaf.
S. To pry all and singular the co~t:, charges and e~pe~se~, inctuding a reasonaete attorney's ~ee and cosh of abattacts of titlp, inturred or paid at ~
.r,y ~~me by said MURTGAGEE, becavse w 1n ~he eve~~t of :ha fa+lure on the par~ o~ ~he sa~d MORiGAGOR to duly, promp~ly and fully perform, d~uharge, {
=xecute, efFec~, cempleta, co~npfy wuh and ab:Je by rach and avery the stipulano~s, egreaments, cond~~ions, and covenaros of said p~aoiasory note and thit !
ro•rgage any or e~~her, and sa,d costs, cha~ges and axp.:nses, each and every, shali be immed~ataly due and payable; whether p not there be notice de ~
r,~3nd, alKmpt ~o coltect o~ iuit pend~ng; ~„d rhe fult a~no~nr of each and c~ery svch paymem shall bear intarcsr from the date thereof un~il paid st the
r.:i~ oi o~ne per crnt~m ptr a+n:u:n; onC aii sa~d cwra, chor~es and e.e~enses ~nc~cred or pa~d, togtther wdh suth interost, shall bs sewted by the ~ieo Of this }
rnc~tgag0. - ~
b. That (a) in tha event of any brea.h of th~s .\lortgage or de~ault on ~tR part of ~he AiORiGAGOR, w(b) in the event any of sa;d svms of money
hr+ein referred to be not pra,nN!ly a~d (utly paid wirhen th~rty (3~) days r.eat atre~ the same severally become d~e and payable, wilhout demand ot nOtice. -
cr :c} in the event eath and every the stip~;atio~s, agrcements, co~:di:~e~~s and covenants o~ sa:d promisw~y note and Ih~s mortgaqe any or eiti~e? a~e not
i~i~, pcomprly a.,d futiy performed, c'acharged, exawtrd, efEectrd, co~npietrd, comFr.~ed w~rh ar.d ab~ded Sy, then in ei~her w sny such event the said ag- ~
g•~~3ate sum mentioned in said promissory nate rhe~ re.na~n;ng uf~;d~d, wnh ineerrsi accr~rd, and aii mor~eys secured hereby, shall become d~re and pay- t
eb e(orlhwith, o+ thereafrer, at fhe opr:o~ c~ seid MORTGAGEE, as fu:ly and camp~etely as ii all of the said sums af money were a~g~~slly sUpulated ~
b_~ pa~d on such day, anytFdng in z~ d prar.;ssor/ nore or ~n th~s Mortgag~ io tne contrary no~with~tand~ng; and thereupon p thereafter at ~he optlon of ~
s~ a r80RTGAGEE, wirhouf nonce o. dema:~d, suit af iaw w in eyu~ty, there~ore or thereaiier begun, may be p~oaecuted as if aU moneys sacured hereby
d matwed pnor ~o ~ts instrtut~on. •
7. That in tne event !hat at ~he beginning of or at any r~.ne pend~ny any s~~t upen this Mortg~ge, a to foretbse iL ot fo reform it, or to enfwce
ant of any c!atms hereui~der, sa~d VIJRTGAGcE shail apply to the Co~+~ ha~~ng ;w~sd:ction thereqt for the appointmen~ of a Reteivd, svch Court shall q
.;ih appci~t a receiver of sa:d sce•'geg~l prope:ty al1 a~d s~ngv~ar, inci~d nq a:i ~nd ~i ,3ula~ the irtcome, profits, issues and revenues from whatever e
s. drr~ved, each and every oi whSeh, ~t t,e~nq z,~p~essty ,;nders!cod, ~s h:e: _c.y mcngaged as if spec~fically set fwth and described in the granting and ~
_ dum ciauses hercof, ar~ s.ech Rece:ve: shoii h3ve a`I thz broad and effecri~e fu^.c! c,::s and powers in any~vise entrusted by a Court to a Receiver, and
s,;h apppintment shali be made by s~ch Cour! as an ad~nino~d equ~ty a~~d a rr.at~er o! a6soeute r~ght to said MORTGAGEE, and wiehoul ro(erenee to the =
_.:_,~„cy or inadrquacy of ~he va~ue pf ~he pro~,erty ~r.or+gaged or to rne sovr:cy o~ i:~,o~~ency o( said MCRTGAGOR w the deiendants, and thaf such i
profits, income, ~ssues and revenuas shaN be appl~ed by such Recr+.•er accord.:,~ to the lien or equity of said MORTGAGEE and the prattice of suth ~
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8. To duiy, prompl'y and fully Ferforn;, d.s:~a.~e, execvte, effect, comp~etr, cu•:.piy with and abide by esch and every tFa stipulations, sgreements, ~
,'~:!+o:u and tover.~ru ~n se~d p:omissory rcte ar3 thEs mort~age s>st forlh.
9. ihat in the evcnt the ~•xnersh:~ of thr nw:igaged premises, o~ anv p~~t thereof, Eecemes veated. in a person other tFan the MORTGAGOR, the
:~P.~GAGEE, i~s wccesswa a:-d es~i3ns. may, w~iheui neuce to the tl.ORiGAOR, deat w~th wch succeuor o~ successor in imerest wi~h reference to this
-•~a~e and the dcht t:2rC~y secvred in the same m~n~er as tivah r.tiortyagor w~thout in any way vitiating or discfiarging the Mortgagots' (iability here-
_:_r or upon the dab~ hereb; secured. Na sa e of ~i~e ~:rem~~s h~_reby ~no+tgaged snd ~o forbesrance on the part of fhe MORTGAGEE a its ivccessors
~s;~gns and no exreru:on of ine t,mr for ~he payment of sr~e debt he.eby secured g~vert by ~he MORTGAGEE or its Wtcestors ar usigns, ahall operate
ro re:eese, dncharge, modify changc or affect fhe cr~g,nai IiaL•~<<ty of the M.GRiG4GOR herein, either in whole w in part. ~
10. It is speuficai+y aoreed t6a~ t~:ne is oi the es>ence of this con~ract a~d that no waiver oi any obligation hereunder or of tha obligaYao st - t
:.:~ed h.reby shal! at any time ttwreafter be t~eid to iu~ a wa~ve~ oF the !erms hereof or of tFx instrument secured herby.
t 1. In aod:tion +o :ne Foinno ng monti~:r payr.:~r.ts o! ~~n:~c pa! and ~meres+ requ~:ed b~ 'the prom:ssory note secured hrreby, mortgagor covenants
a~rees to pay to e~o:cgag^e n~~h ea;h ~no•i~niy ~.a;~.~c~,t ar. add[rio^ai sum .st.^:a!cA 6y mortgagee to be equal fo 1;'12 of the annual tost Of ihe folloMe-
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A-AI~ real propc+ty taxrs levi~d or assessc~ ag3~•~st ~hc anove desr~b~d +^ai es~ate.
8-Pl~rn~ws:s on f;~e ar,d we:.dsrorm ir.su:a~ ce zs ner_in r,~u:~cd to be ca:ned c•~ the improve~bents situate on the above desc~ibed premises.
C-Premiue s on s:,ch n:orlqage g~a-~ntr ir.surar ;e ~s T:c+rgagee sha{~ from ~:rne t~ time deem fit to carry on the loan ucured hereby.
r.1o~!gegee s~~:~ fr[.~r, timc to f::~,e nca~f; mc~~.;a~_r ~n wri~~r.g o~ rhe a:nount d~:e and payable hereunder and such sum ahall thereupo~ be due and
; e on the dor ciat•_ oi tne next n:o-:t~.~ paymc~.t arid each success~ve month thereai~er uctii mortgagee sha!! notify mortgagor of a ehange in weh
~-~r S~:ch suma SF~i1 be .~ppi~ed cy mcr:yag~r icxacd !i~e payment of ~ea' proFe~ry tazes, insurance prem:ums, and mortgage guaranty insurance
~ ~ ~,s. ~
p 1': t'~ITNESS 1iHfR~O~, the sa~d NtJRTGAGOR hts here~~lo se* his h3i,d and sea( the day and year first aforesaid.
' SSgned, Sea!ed and delive.ed in the presence of:
` - FILfO AND RECORDEO -ti _ _ ~,n E
5
St LUC1E COUNTY FLA.
~ - fiOG~R POItRAS 4 ~j
, ~~z~K Ct ;CU1T COURT- ~ ~ ~ ~
l ~ RFCbRD VER'flED (Sesn
~ _-.~'c OF FLORlDA- - - ~ ~d I Z~ P~'`~ ~
u.
;'~TY pF ~r~---~iL16~$----- t ~
. 3~~U93 ~
Befwe me perwna~ly a~peared _ I'~82'~C _ L_~' and
_ Charlene ~@~S _ - his wife, to me well known and known to me fo be ~
,:~,d;ridua!s descri6ed in and •+vho executed the foregoi:ig instrument, and acknow~edged befwe me that they exetuled the same fw the purposq
4
r~.,•,~n expressed. Ar,d the said_ ~~'~.eII@ i~~@ZC~3
of :h° se~d - -~d-Z~-F~S.@Z[IS vpw~ a sepa?ate and priwte ~
~ ~.:~at~on by rrrc taicen separate and anart from her said husband, acic~owledged to and before me that she executed said irtsirument freeiy and volun- ~
i ar:d w~thout any compu~s~on, co~straint, apprehens:on, or fear of w from her uid husband.
~ :'NTN~SS my h.a•ed ard oFi~c~al seai th~s ____2~Y2Ci_ _ day of T A_ D. 19~
-v1~,.t.~ I
Notary Public in a or t State of Florida at Large i
My Comm~uion e pires:
Return To:
Federal $avir.-s a loan Assoc4,,f.on ~vJ a~vems~S cs~r::..t -
~ lJf,i 'L '~::'f S;d: ~yl t:.i' : .
O( Fort P.•.:ce.
~ fOrt P~e~:e. flo~idd 3J0~ ~e bUioJi3 W~~~~J di w•IJ na~iJ.i
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~ •~iiilk .,LtJiJ~tlI h....._. .::.::na,+i ~i.~..iax.~ W.
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~ This Instrument Prepared By R; ~y,~.d y. f~ay~6s eG ti.t`
First Federai Savings 8 Loan AssocigTR3tt•
~s
of Fort Pierce _ ~ • ~ ~ ' ,
_ , ~.~~.a~ _ ~ t~~ ;;.ny : : ~
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Checked By - ' - ~ . =
fs ~ . E~., 248 ~ ~
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