HomeMy WebLinkAbout0270 TO p~ate end cont~nvOUS:y leop on ~he i:~~ ~i ~s n,:w ~r }.a. -a~~er ~it.;~te on s~~d tand a: d ~n a~l r.~~rif~-;em pers4nally to.rred by ih;f mwtg.
~g~, with all pre~ufu:~s thrreon pa u in f~1i, f~rr u~•s„ a+:ce ~n ~ha ~~ti.~af sTar:da:d po`:cy torm, in a ivm a~.N~....:J b~ ~he~ MGRii,AGiE, and wind~to~m
insurance in ~he usval sra~~da~d po:.cy tor~n, in t wm o;,,,re:.ed by tl~e M04iGACiEE, in s~~h cu~~~pany er con.pen~es as rha A~ORTGAGEE m~y
dirKl; ancl ill firo and w~nd?to~m insu~~~~Ce po:~tirs on any o1 fa:d bu+Id~nyi, ar.y irterrft thrre~n or Nart ~hrrcof, ~n the a~yregs~e sum •fOtes~id o~
In excess ~hrreof, s~ell :on~a~n ~he ususl s~a~~da~d nwr~yegae cie~sa ar wch o~lrer c~a:,se as tna Mo~tyayre may rey~~re, ~or?I„g ~he lo» unde~ ~a~d polf
ref, each •nd every, payab'e to aa~d h~OkfGAGEE as ~ts intcretl may sppear, and each ar.d e.o~y such porc~ +holi Ue pro~,pfly a~sgned and delivered to ~
any held by ssid MORiuAGEE as funher socunty to sa~d ~~~c~igoae deb~, a~.d, not fcss tiian ~en ;10) deys in aJ.ence of ~he exp~rat~on ol eech policy, 1o da -
liwr to ~aid MORIGAGEE a re~wwal ~herrof, to~e+her with s iace~pt fo~ thr Pro~~~~um of such rene va~: a~~d tha~e shall L•e ~w f.re or w:~~de~o~m insuranc• ~
pl~ced o++ •ny of said bvi'd~ngs, any interesl the~r~n or pait thereof, w~lcss ~n ~he for:n and v~~ih ~he ~oss payab~e as aEoreseid; and in tht evtnt iny tum •
of money beto~nes paYa~le un7a: sLCh pulity or poLcies se~d h10RTGAGEE a~~,~il heve ~hr oF+t~on to rrc•:+re a~~d apNiy iha semr o~ atcou~~! ol The indebted-
oess secured haroby w to pe~rnif sa~d MORTGAGORS to rec~•iYe and vse i~ ur a~,y c~.:~t ri..•.,•~f i~n o;n~~ N•~:r.srs, ..~~n..,t ~n,•:ur .,~a~+ing o~ unpa~~-
in9 any eQu~ty, Gan or ~ight under w by v~~~ue of this morcgage; and in tha evrnt sa:d A!ORTGAGORS shj11 fo~ any reason la:l to keep ~hs saSd premises ~o ~
in?ured, or (ail fo drliver pranptiy •ny oi sai~ poGC+es of insuronce to se~d MORIGAGEE, o~ i~~1 p:o~nprly to pay f~kty any p.c~n~u~n therefor w in any
resprct fail to pe~iwm, d~icharge, execu~e, e~fect, cwnpiete, cor.~pty wirh and ab~de by ?his covena.it, or sny part herrot, ae~d MORTGAGEE may p~~ce and
pay for such inturencs or •ny part thereof w~~ho~t weiviny a affecting any o~~nan, tien, equ.ty, o~ n~fn ~nder or by virtue of this Mor~9age, •nd the ~
tuli amo~M of tach snd every such pa~mem ahall br ~mmed~eieiy due and payable and shaU brar interest from Ihe da~e thereof uniii pa~d ~e~ the rate of ~
nins per tenwm pa? annum end iog~•thrr w~~h wch ~,~rresr sAa~i ue se::,red 'oy the ~ien of th~s mwt9aga.
1. To permit, commi~ w s~feer no waste, itn~ airmrnt or clcrer.orot;on oF said pro~,erty or any parl thr~eof.
5. To pay all and sinflu!ar the tosts, cha•e~es and eapr.^.ses, ~nciud~ng a rrasor~eb!e attome~'ti Fee a~~d tasrs of abstratts of trt:e, incur~ed or pa~d at
eny time by said MORSGAGfE, becavae or in the even~ oi ~he fa:Iura on tr:e pa~t of the said hIQRiGAGOR to d~ty, p~o~a,~~ty and fu~ly pe~foim, d~scharge.
execute, eftett, complete, tomply w~th and ab:de by ea.h and every the ltipufafions, agreert~ents, cond~Uons. and covenarns oi said prom~ssory note and thi~
mo:tgage any or either, and ~a~d costs, chargea a~~d expensrs, each and every, shall be immed~a~ely due and payabie; vVhe~her w not ~here be r.aice de F
mand, attempl Io coftetl or suit pend~:ig; and the tutl amouM of eaCh ar.d e~ery svch paymrn+ shall bear interest fram the da~e thereot until paid ~t tht j
rate o1 nine per ccntum E:~•r on~~u:n; an~ oVl said ci+sts, ct~a~y~s :+nd or: tases i~x~rrrd o: pa~d, teyelher w:tn suth ~ntcrest, shail Ix Secured by Ihe litn Of thif S
mwtgaye. ~
6. That (s) in the event of any brea:h of this tAortga~e or de'~ult cn the par~ of th.~ MORTGAGOR, or (b) in the event any of satd sums of money ~
hcrein referred w be r,or promp+ly and fuily Faid w~ih~n tt~,rty j30; days nexf art-~r the same-se.e~a:1y become due and paya6te, without demand or notice,
or (c) in the evem each and every ~he stipulations, a3reements, cu~ti~r,oni a~d covenants o~ sa d p~onuss~ry noie a~~d th.a mortgage any w either are not
iuty, prompdy and h,lly ;,erformed, c3:s:harged, ex.cut~d, effected, co~r.p{ered, co~npi;ed w~th a„d eh:d_d 5~, then in e~sner o~ any such eve~~ the sa~d eg~
g~egate sum mentioned in said prom~asory nutz then iemaining ~npaid, with ~n+erest aar„ed, and ail mone~s se:~red hereby, shall betome dua and pay-
able forthwith, ur thereafter, at the opr~on of sa~d RWRTGAGEE, as fu;iy a~r,! compie+ely a: if al; oi nc~ sa~d su~na of money were onginally s~~pu~eted
fe be pald on such d~y, anythiry in sa.d prom~sscry note or in this :S~rtgagr to the ca~nary ~oi~vi~hstnnding; and Ihcreupon or tiwreafter a1 the optio~ of
said MORTGAGEE, without not~ce or demand, su+t at law or in equ~~~r, thrrr:~re or tlkerafter btyun, may be proietuted as if all ma~eys setured heteby
nad matured pnw lo us institut~on.
7_ That in the erent that at the beyinn~ng ot or a1 any t~me ver.dir.g any wl uFon th~a Mortgage, or fo io?xlose it, or to teform it, or to eniorte 3
payrnent of any claims hereunder, said MORTGAG~E ~hali aNp1y to fhe Cour~ havirg ~unsd,ct~un theroof fQa~he/apyo~nt+neM of a Rece~ver, auch Court shall
forthwith appo:~1 a re~ceive• of said mortyaged yroperty all ar,d sinyular, inciud.ny aU a~~d s~:.3u~ar the ir.cans,'prDi~t~,~iswes and revenues lrom whatever -
seuree drrived. each end every of wh~ch, it be,~~g expressky unders~ocd, is hcrcLP mo~tgegrd as ~f spec.l~caiiy set foith snd drsa~bed m tl~e pranting and
habendum clauses hereof, and such Receiver shalt ha+e all the broad a-:d efiec!!ve f~n;t:cris ar.d por.e~s i~ anywne emrusted by a Co~~t to a Receiver, and
s~ch appointmeni shalt be made by scch Cou~t as an ad,n~ttrd equity and a~r.atte~ of absolute right t~ sa~d MORTGAGEE, and without reference ~o ihe -
adequacy w inadeqvacy of thr valve of the property mortgaged or to the so:vtrxy or ~nsoi~erxy of said M.OrTiGAGOR or the defendants, and tha! such
re•~fs, profits, incorne, ~ssues and revenues shall be appiied by such Rzce~:er accord~:~g to the Gen or rquity of said MUR7GAGEE and ttne Fractice of such
Courf.
8. To d~'y, prompt!y and fu:ly perfo~m., d~s:harge, execute, etiect, complete, comply with end abide by each ar,d every the stipuiations, jgreements,
cunditions ar.d covenants ~n aa~d promissory ~ote and this mwtgage set forth.
9. That in ihe event the ownership of the mortgaged prer~~ses, or any part ~hereof, becomes veseed in • person other than the MORTGAGOR, the
h'JRTGAGEE, irs succeswn ar.d assigns, nay, wiihovt not:ce to the .'.S~RTGAOR, deal w~th s~ch successor or svcceswr in interest with re{erente to this
mo+~gage and thc dect hereby setured in ihe same manr.er as v.~th orfy3gor anlhoul in any way vitiating or d~scharging the 6\ortg:gori liability hert
vnder or upon the deht l~erev~ sec~red No sre of ~6~ F.e~nEse: h_reby mcrtgagr~ and no'ivri,earance un ~he pan of the /AORTGAGEE or its successws
er assigns and no e~ten>ion of the hTe io+ tne payment of the drb~ h~reny secu~ed gi.en by the fAORTGAGEE o- its wccessws or ass~gns, shall operate
ro release, d~scharge, mod~fy change or affect thz or~g,nal i:.,~.t ry of the 1l.OR:GAGOR he.r~n, e,ther in whae or in part. _
10. It is speuf~caNy agreed that t~~ne is of thz esse~•:e oT m,s contract and thar na waiJer of any o6:~gat~on hereundar or oE the ob!igation se- ~
cured hereby shail at any tir:e thereafter be he;d to be a,~~iver of the terms hercol w of the r:str~ment secured hecby. ~
1 t. In add~t;on to +he fa~ego n.~ n on!i:' y;:a~ n_~nis of ~~i:.c ;:al and in! _~cst reqw~ed 'by ;he prcmiswry nae secured hereb~, mortgagor covenaMS '
~nd agrees to pay ro mo~rga~ee ..~!h each mon+h y F.a~r. errt an ~d.i.+~~~:~a! s~m zs~. ~ ated 6~ n:o•tgagee ro be aqva~ tc I, i2 of ~he annuat cost of the fotlow- }
~~~g:
' A-All rea~ p~operty tnars ie•:~_d o~ ass•.ss~~~i :,ga~•~sc th•~ ar~ve desc~>cd r_a~ ess~fe.
, i
B-Pren,fums on fire and xindsrorm ir.wracce as ne~e~n r-qu.red to b-_ ca•rird c~ the ~m~;reve~~:e:~ts s:tua:e on the above descri6ed premises. 2
~ e
C-Premiums on such mortgage gvaran:y ir.s~rar.ce as m.wtga~ee shai: irum time to t~me deem fit to carry on the loan setored hereby. ~
C Mort~agee shali from ~~me to t~me not~{y morryogor in vvr~t~ng of ~he a+~o+.~t d~~ and payable hereunder a~td such wm shall thereupon lx due artd ~
j ~.ayable on the due date oi th~ n~xt n-oNh'y parmrn= a~~d eac!~ success~ve ~ o•~th therra£:cr ur,+~l mertgagee shaN notify mongagor of a change in such ~
~ a• ount. Such s.:ms s6a'.! be a;:p;ieJ ~y mc~tg~gee ~ov:a+d the pajn:ent of reai frop~~ty ta+ces, inwra~ce przm~.ums, ar.d mortga9e guaraMy insurance
f p'emium5. .
~ IN WITNE55 :S'HER"cOF, ~ne said 1.+.OkTGAGOR has F:ere~~to set his hard and sca~ the day and ye'r first a4oresaid ~
~ Signrd, Seated and deiivered in the prese~ce o(: /
d ~yy~tr-j~ ~ - l.V
~ - F:~~o k_coaoEO cs~~n
€ ~ " ~ _ Ss _u; ~ ~,~UyT~ F~A. ~ emas B. 1~lilku5 (Sea4
~ • L ~ J 1 ? t? G O J ~ ~ ~ _ _J./'/l~t ~ ~ U~ G - ~ t5ea0
r,==tC~:, ~4T
~ - ' ` ~G~^:.. Fzances C. Wilkus ~s~,q ,
s:_-t,C ~ - ~
~ E
~ C
~ STATE OF FLORlD ? u..,~ Q 14 ~M O _
~ Y
COUNTY OF _ St_ ~.11G1~--_____ 1
w~ikug 33()1t) ~
~ Before me personally appeared _ThOlYaS ar~d
~ Rranees C. Wiikus ~,~s wife, to me wefl known and known to me to be
the individuats descri~rd in and w%w exec~ted the foregoing instrument, and acknowledged before rne that they executed the same for the purposes
a
~ rherein exp%essed. AnJ the ~~a.___-_____ _ Frances C. w1~~4___ _ _
~ ~,iFe of the sa~d Tt10~S W~IICIIS upon a separate and priv~t~
~ e<amination by mr taken separate ar,d apart frorn her sa~d husband, acknowiedged to and ixfore me that she executed said instrument freely and voluo-
~ rerily and w~thovt any compuhion, con;traint, apprehens:on~ yr fear of or from her said husband.
da of March a p. ~y 76
~ WITNESS my hand and of{icia! seat th~s_ y _
~ - - ~--~-L
x; ?:otar Pub'~c in fo State of Fbrida at Lar e
~~S My Con~,m~siion ~ piresc ~ -
- Retum To: ~ry ~ ~ ~rM
~ First federal Savings 8 loan Ass:,~iat~~n M! E~~ 1~ ,
~
~i Of Fprt P:e•e? y~iCOQ fi1l ~~ON/yt1~ ~y
::c _
y~ fort P~erce, F;oriJa '
~
~ .
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This Instrument Prepared By Gaty F. Bllwood
r~ first Federal 5avings 8~ loan Association - _
~ of Fort Pierce ~ Rloz idA _ ~ ' ~ ~ ' -
~ Checked By ~ - 4 _r ~ ~4 PAC~ ~ . • _
~ , ~ : s
~ ~ . sh =
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~ , - - - - II ~
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