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HomeMy WebLinkAbout0757 To pl~c~ and continuou~ly keep on the ~ui!din9s now or here~ftN ~itu~N on uid I~nd and on ~II pulpment and p~rwn~lly tOvN~d by tAis morl¢ p~, with dl premivmi ~hereon p~~d in full, f~n i~uranc~ in ih~ usu+l u~ndsrd policy form. in • ~um ~pprowd by th~ MORTGAGEE. ~nd wincb~orm ~ lniwu~c~ ie~ tM uswlatandard policy fwm, in • ~um approv~d by the MORTCsAGEE, in wch company w tompani~s ~s tM MORTGAGEE rnay dindt and ~II fir~ ~nd w~nds?orm insura~nce policies on ~ny of said build~nps. ~ny in~er~~t ~Mrein a part th~~~of. in ths apyreya~~ w~n ~{or~said a:..-j In uccNa th~nof, thall conrai~ iM wual ~tandud ma~yape~ claua a such oih~. cl~~ u 1h~ Nb.~Qa~ee may ~pu~n. mahinp tM los~ vndM a~id polE ' ci~t, ~acl~ a~d ~very, payabN ro uid MORTGAGEE as its in~~rest may apps~r, ~nd each ar?d tvs.y ~~ch policy tMll b~ promptly ~u.y~d ~nd d~l~vKed 10 +~y Mld by ia~d NIORTGAGEE as fur~hsr seturity ~o s~id mut9ags debt, ~nd, ~?ot less tMn ~~n (10) dayi in advanc~ oi ~M ~:pkation of ~ach policy, to da " IivN b iaid MORTGAGEE • rcMwal thereof, topether with • receipl fa the pr~mium ol wch renewal; and ther~ ~hall b~ ~o fir~ o? wlndtifam inavwnc~ pl~nd on ~ny of iaW buildinps. any i~te~~~f th~~ein o~ part thereof, vnle~s in the fwm and wi~h Ihe lou pay~bb a aforsiald~ u~d in tM ~vMt ~ny swn of mon~y becwnts payable undK wch policy w policies uid NWRTGAGEE ihall have tM option 1o receive and ~pply tM s~me on ~ccount of tM lnd~bted .'~l: ' Mu ucwed haeb a w mit uid 1NORIGAGORS ro receiw and us~ it a sny part thereof fa othe~ ~ Y PN purposH. without thsrob~ waiving O~ ~mpair. ~ : U+p any puiry, lien w righr under w Eiy v'u~w of Ihis mortQage; and in th~ ~veM aid 1NORTGAGORS ihall fw ~ny ~saton f~il ro k~ep tM said pr~misss w~ j Insured, o? bU w deliva promp~ly ~ny of said potKies of inswance to said MORTGAGEE. w fail promptty to pay fuUy any pr~mium tF?~r~tw .a In any ' i r~sped fail 1o pafwm, dixMrye, ezecute, ~ffect, compkr~, comply with ~nd abide by thif cova~ant, w ~~y pa.t M~eof, said MORTCsAGEE may pl~ ~nd ~ paY (a tuth inwrance or any part thereof without w~ivirg a~ffectinp anr opt~on. lien. equih. or riyht ~nder a by virtw of this Mwtyp~. and the ~ full anoun~ of each and every ~~ch paymem sMll b~ immediately dw ~nd payabl~ and sM11 bear InMres~ from tM date the~eof unHl p~id at tM ra» of ; nir» per tyntum pe~ annum and togethe~ with suth interest tF?ail bs secvred by the lien of this mwtyayt. ~ ~ ~ 4. To permit, comrnit or suffer no waste, imp~irment a deteriotatan of said property or ~ny part tMreoF. t S. To pay all ~nd sinpulu tM costs, chupsa ~nd expenses, includ~r~p a reasonabk anwrwy i fe+ and oosts of aMtracts of tid~, incun~d w paw ~t any time by se~d MORTGAGEE, because a in tM w~nt of tM failure on the part of tM said MORTGAGOR ro duly, prompNy and f~l{y perfarty diuhu~ execut~. eifecr. complete. comply w~th and ab~de by each and every the uipulstions. spceement~, conditio~a, u+d oown~nts of said promiuory note u+d this ~ mortyspa any w e~~hsr. snd s~~d coin. charge~ and expenses. each ~nd every. iMll b~ tmrnedidely dw snd payable; whetMr w not tMr~ b~ notic~ ds~ f rtund, sttempt to collect a:uit pend;ng: aeKf the fvll amount of e~~h ~nd every wch payment sh~lt bear imere~~ froen ths dat~ thereof ~ntil paid ~1 :M rate of nina per centum per aru?um; and al~ said costs, charges and expenus incwred or paid, together w~th such inleresL shall b~ a~tured by tM lie~ of thit mort~s~e. 6. TMf (s) in the.avant of any b~each of this Mort~a9e w defavlt on the psrt of ths MORTGAGOR, a(b) in tM event any of sa:d ~wm of mon~y haein referr~d to be mt prompNy and fvly paid within th~rty (30) days nexl efte~ tl+n same ~ve~ally becom~ dus and payabl~, witAout demand w notice. or in tM ev~nt each and every the stipulations, agraementt, conditions and covenants of said promissory nota and th~s mwtpap~ ~ny a tither ~r~ nol iuly. promptly snd futly performed, discF+arged, executed, effectcd. completed, compleed with and ~b~ded by. then in ei~her w any tuch ewnl tM said ~g prcyate wm meneioned in taid ptomiuoty note then .remainirq ~~paid, with interest acuued, and all moneys sttured hereby, shall betorae dw .~nd pay. abl~ fwthwith, w thcreafter, at the option of said MORTGAGEE, ~s fully ~nd completety as it all of the said wms of money wert orpinalty st~pulated ro bs pa~d on svch day, anything in sa~d promisswy note or in thia Mortgage to the contrary notwithstanding; and thereupon w thereafter at the opfion of said N40RTGAGEE, wirhout notice or demand, avit at Iaw w in equity, thcrefo~e or th~reafter begurw, may be prosecuted as If all rnontyt securd hereby had matwed prior to i1s institution. 7. That in the event tMt at rhe beginni~g of w et sny time pending any wit upon this Matgapt, ot to foreclose it, w to refwm it, W to Mfo~q paymenf of ~ny claims hereunder, said MORTGAGEE shall apply to the Court havin~ j~risdKtion theroof for the appointment of ~ Receiver, such CouH sMll Forthwith sppoint a reteiva of said mortgaged property aIl and singutar, inctud~ng •1) and sinyulu tM intome, prolits, issues and twenues from what~ver wurce derived, each and every of which, it being expressly undentood, ii hereby mortgaged u if specifically s~t fonh arid described In the ~r~nti~y and habe~dum dauses hereof, and such Reteiver thall have all the broad snd effective funchons ~and j~owers in anywit~ ttNrtnted by ~ Court to a RKeiver, ~nd •uch sppointment shall !x made by such Cou~t as an admitled equity and a matter of absolute righf Io ' faft~? MORTGAGEE, ind without reference to fM adequacy or inadeqvacy of the value of tfie property mortgaged or to the soivency or insolvency of said MORTGAGOR « the defendanti, and thaf such rents, profits, intome, ~ssues and revenues shall be apptied by suth Receive~ according to the lien os equity oi ssid MORTGAGEE and the pndit~ of such CouA. , . _ 8. To duly, promptly and fully perfprm, dixhary~, ~xecute, qffect, compkte, eamply wilh and abid~ by each u~d every tM stipulations„ ayreements, condita~s and covenants in said promisswy note and lhis mortyage set fwth. ; 9. That in the evcnt the ow~ership of the mortgaged prcmises, or eny pa?f thereof, becomq vested in • penon other fhan the MORTGAGOlt, fh~ ~ MORTGAGEE, its successors and auigns, may, without nqrice to the MORTGAOR, deal with such wcceuw or successor i~ interest with reference to tbis mortgage and the debt hereby secured in th~ sarrN manner as with Mortgsyor withoirt ~t ~ny waY vit~atinp p dischar~i~g the Monq~gors' li~bility lkr~ under w upon the debt hereby secu~ed. No sale of tF~e premises hereby mortgayed and no forbeu~nce on ths pan of ths MORiGAGEE w i» successors or auig~ and no exrension of the time fd the payment of the dcbt heroby ~ecured ~iven by the MORiGAGEE or in wccessors u ~u~ns, sMll operat~ to releax, d~scharge, modify tlw~ge or affect the original liabit~ty of the MORTGAGOR htrein, eiN~er in whole or in part. ; 10. It is specif~cally agreed that time is oi the esxnce of this contract and that no waiver of any oblgation hereunder or of th~ obligation se- cvred hereby shal~ at any time thereafter be held to be a waiver of the terms hereof o~ of the instrument secured herby. 11. In add~tion to the fwego:ng momhfy payments of princ"pal.and interest required by fhe promiuory nple secured hereby, mo~tgsgor tovenanfs ' and agrees to pay to mortgngee with eac!+ month(y payrnent an addirional sum estimated by mortgagee to be equal to 1 j 12 of the annwl cott of tFro follow- ing: s 7 A-All real property taxes levied w assessed against the a6ove described real estate. B--P~emiums on fire and windstorm i~wrar.ce as herein reqv'ued to be carried 6n the imprOVeme.~b tituste on the sbove deuribed premises_ C-Premiums on wch mortgage gwranty insurar~ce as mortgagee slyll from timt to time deem fit to Wrry on the loan secured hereby, Mortgagee shall from time to time notify mortgagor in writ~ng of the amount due and payable hereunder and such sum shall there~pon be due and payable on the due date of the next monthfy payment and each successive month thereafter until mortgagee shall notify mortgagor of a change in such amount. sums shall be applied by mortgagee toward the payment of real p~operty taxes, insurente prem:ums, and mortgaye guaranfy inwrante - premiums. ; I W NESS ~ RE ,~~sa" RTGAGpR hss hereuMO set his hand and sea) the day and year fint efaesaid. ; preaence of: - n ~i ' hn B. Jo sd~? i • .~C~c7u..ir .ci ~ ~ n ~ anet son n ~ STATE Of FLORIDA , couNn oF ~t . Luc ie ~ ~ ~ eefwe me peaonalfy appeared John B. .~Of1i1S011 ~nd Janet .TO~1i180fl his wife, to me well known and known ro me to b~ ( rhe individwls desvibed in and wFw e:ecu~ed the foreyang instrument, and adcnan,ledgcd be{we me that they executed the ssms for ths purpo~es ~ ?herein exp~essed. And the said Janet Johnson ~ wife of the said J0~1i1 B. .10~U1S0l1 upon a sepuat~ ~nd privsf~ e~camination by me ~aken separate and apart from her said husband, atknowl ~ raril and w;thout sn com Ision, constraint, a ~9~ ~o•and befora mt thst she executed said irotrument he~ly and vol~o- Y Y Pu pprehension, or fear of or from Fror " husband. ~ WITNESS my hand and offitial seal this_ ~1f.~ d.y ~ A D. 19~ ~ - _ ~ ~ yc~ ~ Notary Publ' and iw the St h of Fbrida af Lai~ ~ Return To: , My Comm. . expireu /~K', G~ / y 7' y ~ Fint Federal Savings 3 Loan Association .~"~"~~~~~f~~~~ ~ ~ Of Fort P~erce. t~ . n. J<<~ . Ii~ ~ ` ~ _ - ~ , • Fo+t Pierce, Florida / ~ ' c-~; r. 0 AND RECDR~Ep ~ ~ ~ ~ • ' - ~~~WCIC COUNIY lA• - ~ ~ : - Q" ~ ' ' ' ' - ' tIOGER PO~TRAt ~ This Instrument Pre ared B ' ~~`r'' CLERK CIe~CU1T COURt ~ P Y MI~. B. Bi'autl : ; ~ ; . 4' , ' _ ~ otf IED ~ F i r s t F e d e r a l S a v i n g s b l o a n A s s o c i a t i o n RECOR~ VE~ ~ Z Q .~cr of Fort Pierce , Rlorida. , ~ f ~ • ~/,,,;•.••.`~t.~~,,:,.;, F~0 Z 914 ~N 7~ ~ ' r, ~ Checked BY~-- . . . ~ E i~ ~ ~~O ~AEE 1 ~ n 32f 2~1~' ~ ~ ~ ~ ~ - ~ ~ _ _ _ ~ ~ : ~ . ~.d