HomeMy WebLinkAbout0652 To pl~c~ ~~+d con~i~uoutly te~p on tM bui:d~nqs now a Mr~aftN s:hr~n oe~ said laxl aocl on ~11 s~?ipn~el and pKSOnalty oovM~d br shis ma~
p~, wiiA dl cr~mivms tM~wn p~;d u~ fuli, f~ra (nsv~~nc~ in ~M wwl iunda.d pol:q form, in ~~um ~ppowd br tM MOR(GAGEE, aed winrb~wm
kawann in ~M u~wl uandard pof~cy fwm. in a wm ~pprov~d by ~M 1NOItTGAGEf, in wch company a oonpani~s +s tM MORTGAGfE mar
diisc~t M?d ~Ii (N~ M+d w~nbro.m i~wr~r~c~ polKies on ~ny of iawl build~np~. any inNnu ~Mr~in w pan thK~ol, in ~M pp~e~~q ~wn aior~said a
M~ac~u tfi~reof. il+all coniain the usud s~andard matqape~ c:ws~ a such aha tlwu u th~ Ma1yp» may requK~, makLp IM low undN s~~d po1F J
ci.s, each and ~va~. payabt~ a sud MORTGAG~E u~a ~n~ern~ m~y ~pp~ar, and NcA ond w~.y ~uch po~~cy ~hall b~ promptly su.prwd u+d ds~ivK~d w ~
•nr heW by w~d MORrt;AGEE af ~w~hN srcuri~y to sa~d mw~9~fle debt, •nd, nw bas than te~ l1Q) d~ys in +dvanc~ af the ~<p'udan oi ~ach policy. fo d? ~i
liv~r to saw! MOkiGAGEE • ~enew~t ti»r~of ~oge~her with a rece~p~ fo~ tM prwnium o~ ~vch r~newal: +nd ~her~ ~hall b~ ea fu~ o~ windi~wm infwanc~
pt~c~d on any of s~~d b~,ilding~. ~ny inters~t ~hersin o~ pa.t thereof, ~nle» in th~ fwm a+~d witA sF+~ bca payabl~ as ~twwld: and in tFw ~wnt any swn
of morny becornts pay~We w~der such poliey a polKi~s said MQRTGAGEE sMll Mw ~M ~~~a+ ~o racsi.e and ~pply tM sarn~ a+ +cca+~~ of ~M ind~bttd~ .
ntas setwtd hereby o~ w permit s~id MORTGAGORS to rKeive ae~ use it p any p~ul thereof fw orhe+ purposes, wi~?w~t ehaeb/ w+iviny w a++pair-
inp any pvity, iien w rqhl v~d~r a by vi?t~H of thii mortya~e; ~nd in rh~ ~vent ~a~d MORiGAGORS ~hall fw ~ny teasoi? (ail to kNp tM sa~d p?Nnisss w.,~
insw~d, a 1ai1 ro dt~ive~ pramptly any of sa~d polic~es of insuranc~ to sald MORTGAGEF, w lait promptly to pay fully any pre.oiwn IMre(a or in +ny
r~sp~p f~il to palare, d~scMrge, e:ecute. ~ffscr, complere, comply wieh ~nd abid~ by th~s covwunt. w any parl F?Hwf, a~d MORTGAGEE may p~+ce ~nd
MY Fa wd+ insuranc~ o~ any par~ ~Ae~eoi wnhout wauv~rq w ~Ifecrinp ~ny optan. lie~, pu~ry, or righ~ unda a by v'utw o( d+is Ma~~e. ar+d ~hc
fvll ~mo~nt o/ ~ach and ~r•try ivch p~ymeM shall b~ iirunedi~tely due and payabl~ a~d sMll bea~ intetast irom tFN dalt thenof until paid at fM raq ol
nirx per ce~rum pe~ annum and ~oarthc• with such i~terest shati be srcured by ths lien of th~s mwt9ape.
1. To ptrmtr, commit w suifer no wa~re. impaument w de~et~orarion of sa~d propaty w~ny pbt tMr~of.
S. To pay ~II and singvl~r tles costs, cMrga~ ud eape~ses, includinp a r~a~onabk anwney's fee and cosn of ~au~cts of titl~. incwr~d a p~id N
any time by s~id MORTGAGfE, becavse o? in the ~wnt o'. th~ failu~e on the put of tM taid MORiGAGOR fo duly, p~ompNy ~nd fully pMform, d~~chary~t
•xea,r~. ~ffsct. compk~e, comply w~th and ab:de by exh arui every ~hr »ipulat~ons. ~greenx~n, cond~t~or?s, and covena~fs of u+d paniuwy nots and Hw
mort~ape ~ny w eithc~. and sa~d costs. cha.9es and expenses. csch end ~very, sl+~ll b~ immediately due ~nd payable; wAsther w not tMr• bt ~oric.e d~
mand, attempl ro collact a wit pend~ngj and ~he tull artaunf of each ~nd svery such paymen~ sMl1 bear intereit t~om in~ daN thtreof uMil paid ~t N+e
Id~! OF MM PQI CM~UT. pev an~wm; and s1I said cosrs. chuges and eYpsnaes ~ncurred or paid, tope~he~ wah such int~eal,-sMll b~ a~cwed by tl+~ lien of tha
mort~ap~-
6. TMt (a? in ~he weot of any brexh oi ~his Muig+ge w dc(auh on tlx pa?t oi the MORTGAGOR, a(b) i~ the ~vent ~oy of said awns of mon~y
he~ein r~f«red to be not p~omprty a~d iully ps:d wirhin thury (30) days nex~ atre~ ~h~ same uveraily become d~re snd payable, wi~hout d~rn~nd or notite,
w(c) in ths evem e+ch snd eve?y ~he stipulat~ons, ag~ecments, conditions and coveMnt~ of sa~d promissory ~ot~ ud th~s enatpp~ a+y or ~ither ~r~ nol '
ivly. pranpNy ~nd fulty perfo~med, d~uhar9ed. •xecuted ef(ected, comple~ed. compiied wi~h ~nd ab~ded ~iy. ther? in ~iU+K or any such w~nt tht ~+id a~ .
pregafe wm mentianed in ssid p~omissory note the.~ rema~ning unps:d, with inierest accrved, and aU moneys aecu~ad hereby, shall bec~ne dut and p+y-
~bte fathw~rh, w thcre+fter, at the opt~on of seid MORiGAGEE, as fvlly and comple~ely as if ~tl of tF+e uid sums of morNy were apin~lly s~~pvlated
fo be pa:d on s~ch day. anyfhirg in sa:d prwn~asory note w in this Mwtyape ~o the conr.ary ratwithsta~dinp; and ~herevpon a tl+cr~afte~ at th~ op~ion of
said MORTGAGEE, w~thout notKe e~ demand, suit law or in equ~ty, therefore o~ thereafrer bnyun, may be prosacvted u if all moneps s~tursd haeby
had ma~wed prw~ ro~n irnt~t~?~on.
7, ihst u? the evcnf thet sr ~he beginn~~g oi « sr any ~~me pending a~y su~~ urwn N+is Mo.tgage, a a fweclok it, a ro nfo.m i~, a to enforp
paymert o! any daims hereundrr, said titORTGAGEE sha1l apply so ~he Cour~ having jur~sd:ct~on ~hereof tar the sppantmem of a Receiver, wch Cairt sMll
Fwthwith ~ppoiM a rece~ver of said mwtgaged p~operty all ~nd singv~a?, includ~ng all a~d sirgvlar ~he intome, p~ofib, iasues and revenues iroen whateve~
wurce derived, each and every of wh:ch, ~t be~ny expresily undersrood, is hereby mortg~ged u if ipeutically set fath ~r~d deWib~d in the yr~nting ~nd
Mbe~d~m dauses hereo(, and such Recciver shall have all ~he Goad ~r+d eHective funclwns and powe~s in Mywise entrusted br ~ Caxt to • Receiver, and
tuch appoinrment shall be made by s~~h Court as an ~dmittcd eqvity and ~ matte~ of absolute ripht to said MORTGAGEE, and witho~,1 reft~ence to th~
adequacy w inadequacy of the val„e of the property mo.~gaged or to the w:vency w insoi~ency ol said MORiGAGOR or the defendants, and that s~xh
rents, profits, income, issues and reven~s shall be applied by. such Rece~ver accwdmg to the 6en a aavity ol said MORTGAGEE and the pactice of wch
Court.
8. To duty, p.on+pdy and fully perform, d~xha~ge, execute, effcct, complrie, compty with ar?d abide by each ~od every the stipuiatioro, preert~»,
conditions and covenanrs ~n sa~d pra~nisswy rate and this mortgsge xt fath.
9. That in the evem the ownership of ~he mo~tgaged p?emises, or any part thereof, becomes vested in • person other tha~ the MORTGAGOR, the
MORTGAGEE, its succeasors snd assgns, may, wi~hout no~ice !o the 1~RIGAOR, deal w,fh such successw a wcceasw in entcrest with refere~ce to this
mptgape and the deb~ hae~y secured i~ !he same mann~r as with l~brtgagor w~thout in any way vitiatin~ w discharyiny ths Mwtgagors' liability hert
undcr w upon the debt hcreby secured. No sale of ~he Fremixs hercby rra.tgaged and no forbea?ance on the part of the MORTGAGEE or its suaesson
or aui9rn and no exre~s~on of the t~me fw the payment of the debr hrreby ucured given by the MORTGAGEE or its iuccessws or auiyns, shatl operat~
ro release, d~scMrye, modify change or affect the orig~nal liab~l~ty of ihe MORiGAGOR here~n, tither in wlale or in put.
10_ It is spec~ficaNy agreed that time ia of the esunte of fhis contrad ar~d thal no wsiver of any-obligsYwn hereunder w of fh~ oblipaYan se-
cured hereby ahall at any time rheresiter be held ta b~ • waiver of the te~ms hereof or of the instrumeot sewred herby.
11. In additio~ to the forego:ng month!y pvyments oF princ'psl and ~~terest reqo~red by the p~omis~wy note secured hereby, mwtgsgor cev~naMa
and agrees to pay to mortgagee v~ith each month;y payrncnt an ada~rionsl sum estrm.ated by mo!tgagee to be equal •0 1 J12 of the annual cost of the iollow-
ing:
A-All real proprrty ta,crs levie~ or assessed agai~st the aoove described real eseate.
B--Pram,u=ns on f~re and windstorm insurar.ce as here~n reqv:red to be ca~ried on ~he improveme~ts situate on the sbove drsvibed premises.
~ G-P~emiums on such rr.ortgage 9usranty irsurar:ce as mortgagee shail irom rime to time dcrm fit to carry on the loan xcured hcreby.
Niortgagee s.haN frwn time to time notify mortgagor in wi~t~ng of t!x smouM due and psyab{e f~eunder and such sum shal~ thereupoo be dus and
~ payable on tha dve date of the neit month!y'paym.ent and each successive mc,~th thereaftar ur,til m~wtgagee shali notify mortyagw of a c nge in wch
~ amouM. Such sums ~Fali be applied by mortgagee toward the pay~r.enr of real property taxcs, insv~ance prem:ums, and matyage guar ty insuru~ce
premiwro.
~ IN Y~ITNESS WHERfOF, the said MORTGqGOR has hereunto ut his hand and seal the day a~ar first ~ia id.
S~pned, Seakd and delivered in the prde~ce of:
fli[~~ ay=. "=~JAD"tD ~ _ ~ ~
_ ST.IU:~~+.~,:~~nS~A . ner n
_ i~:..- " ' T
. :i~ C~J4 ~ ~,f _=~~,~l5eaq
~r ;L.. --1 _ ~ 1 . • l41"ll~ ~
STAtEOFFLORtOA 6`R 'a~`4a5~1~~•~~
ne ~ .3325~_n
~o~?~ ~ st• ~a.~
Before me personally appeared Joaeph D~ ~lI'I192' ~ -
Je8~lne b• ~lI`11HI' fiK w~ir, to me well knawn ~nd known to me to b~
rhe i~d~vidw>> desuibed in and who executed the faegang i~strument, and acknowtedyed before me that they exewted ths iame for tFw purpc,es
~rk.~m ex~.~a. a.,a T~ .,~e Jeanne A. ~hrner
w~fe of tF~s W~a - Joseph D~ '~I'!1@2' vpcn a separats ~d priv~a
examinat~on by me taken separau and apan from her said husbar+d, sckrwwledged ro and befo.e me that s1a execvted said instrument healy ~nd voMxr ~
ranly and witt.out any compvlsion, constrainr, apprrhen.s~ion~,~° fear of w frcm her id bwband.
WITNESS my hand and offecial seal this------~~-2.C!~~ day of ~T3.1, A. D. 19 76
4,G~(.f`~ Z~(i! ' L~/
Notsry Publ~c in snd for t ate of Hwid~ at luy~
- My Comm~uion eapires: ~ O• 3 O '7 ~
Return To:
First Fedenl Savings 3 Losn Association
Of f~rt P~erce. '
Foti Pierca Flo:iua -
, ~
i
This Instrument Prepared By J• Roberts Jr. ~ ~
First Federal Savings b loan Associafian '
of Fort Pierce ~ F1o2'ida 3~jU - f
Checked Sy ~ ~ _
~
25~. FdGE 651
dz
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