Loading...
HomeMy WebLinkAbout0514 To pl~c~ ~nd ca+tinuously kkp on th~ bu~:dir~qe now or Mre~t~tr ~itu~t~ on ~aid I~nd ~nd on ~11 equipm~nl ~~d p~nor?ally cover~d by thi~ rnor?p~ p~, w7th all prem~ums thercon pa~d in full, fin in~ur~nce in ~M uwd standud pol+cy fwm, ie • wm app~ov~d by ~M NbRTGAGEE, ~nd winduwm tni~xane~ {n ~M u~wl i~•ndard pol~ey fwm, In • wm ~ppro~~d by ~h~ MORTGAGEE, in ~ueh eompany a eompae?iM ~s tM MORIGAGEE enay d'u~cy u+d aU (ir~ eod w~nditorm in~ur~nce polici~s on ~ny of ~jd buildinp~, ~ny inqrqt tMreio o~ put fMr~of, In IM apqrepa~~ wm dor~~aid or h~xe~ss tl+~reof, sMll contaie ~M uswt itandard ma~9ay~e davs~ a~uch otha e1auH ~s tM MatpayN en~y r~Q~u~, makinp tM lou undM sud poli - tia. ~ath and ~vNy. psYabl~ b s~id MORTGAGEE as its i~tereit maY pp~~?, and eacA ux1 ~v~ry tuth pol~q ~hall bt promptly aas.~Md and dttivptd to ~ny heW by i~id MORTGAGEE at (urthtr sacurity to uid mwtysp~ debt, and, Bor I~u ~ha~ ~~n (10) days in a<iwnc~ oi tM ~xpir~tan of ~ach policy, lo d~- liw~ to uid MORTGAGEE a ~~newal tMrwt, top~~lwr with a receipt fa IM pr~.nivm oi wch renewal; ~nd tMr~ tA~ll b~ no fir~ a winds~am inwr~eu plaad on a~y o~ s+id buildinp~s. ~ny interett IF~tr~in w p~rt tFwrw/, unlau in tlk fo~m ~nd wi~A IM los~ payabN +s ~Iwes~fd~ a~d i~ tM ~v~nl ~ny swe of rtwe»y becwnes payable ~~kr :uch policy w pol~uas s~id MORTGAGEE ahall ?uw tll~ pPfipl ~O fKO1V0 snd ~pply the urrw on accouM of tAe indebtad~ ~ e»u ~ecured fierebr w ro perm;l ia~d MORTGAGORS to reuiv~ ~nd ust i~ or ~ny par~ therwf for o~ha~ purposes, wi?hout the.eb~ waivinp o~ unpair- inp any pu~ty, lisn w ri9ht ur~? w Dy virtw ot ~his mo: r9s~r, ~nd in ~F~e ~v~n~ u1d MORTGAGORS sMll fw ~ny re~wn fail to ke~p th~ s~id p~~mises ~o inwrd, a(af) ro dtliver promptly ~ny of said policies of imura~c~ to sa;d MORTGAt3EE, or fail {xomptty to p~y f~lly ~ny premiwn thtr~fw p M u+y ' r~~p~ct fail w p~riam, d~scFwr~, exacute, ~ti~ct, complets, comply wi?h ~nd ~bKM by thK eovenant, a any pa~~ Mr~of, uid AAORTGAGEE may pl~n ~nd paY tw ~uch inwrante or ~~y part thsreof withouf w~ivi~p or affacli~p ~ny optan, li~n, pvity, or right unde~ w by virtw of thii Mwtpap+. u+d tht y%y ; ful! amo„e1 oi ~ach and ev~ry such payment ~MII be immediatdy d~?e ~nd pry~bl~ ~nd aha11 bear inter~st f~om tM dat~ thereof ~?ntil paid 1M rat~ ol nir?~ p~r unrum pM ~nnum and togethe+ with fuch interest sMll b~ secured by tM li~n of thit mortq~ye. ~ 1. To pamit, commit w suffH no wasts, impairmenf a deterioration of said prope~ty or any pa?t the~eof. . S. To pay all a~d urqulu the cwts, cMrpn and expenies, includinp a reasauble anan~y i fee u+d coits of ~bttracts of titl~, incurr~d a paid at ~ny time by said MORTGAGEE, becaus~ or in the ~vent of tM failwe on the part ot tA~ said MORiGAGOR ~o duly, promptly a+d fully perform, dischup~, ~xecute. etfed, complet~. comply with and ab:d~ by ~ach ~nd ewry the stipulario~u, agreemem~. conditiau. ~nd cownants of said promiuwy nW~ and thu mor(ppe arty w ei~her. u~d sa~d co~b. cMrges and expenses, each and ~very. tMll be immediately dw and pay~ble: whether w not th~.~ b~ notiu dr enand, ancmpt ro coltect a wit pend~ngs ~nd the full amoun~ of e~ch and ev~Y auch payment sMll b~a. imereif fran tM dat~ tFKrwf until p~fd ~t tF~e ratc ol nins per ceMum per an~~um; a~d alt uid cost~, chugea and eapenses incurrsd w paid, Iog~tMr w~th avci~ im~r~it, siwii b~ s~tvred by tir iwn of tiW mortyay~. ' 6. That in the evem of a~y Lxexh of thw Mortgag~ w def~~lt on tM part of the MORTGAGOR, a(b) in tM tvenf ~ny o1 said wms of morky herein referr~d ~o be not p~omptly snd fully paid wirhin rhirty (30) days nsxf after ~he same severalty become dua and payabl~, witFaut demand a notics. w(~ in tM event each and every Ihe itipul~tians, agreements, condi~~oni a~d covenants of sa~d promiuo~y noro ~nd th~a mort9apt ~ny w titha no1 ~uly, promptly and fully performed, d~uhar~ed, eaecutcd, etfected, completed, complrod with and abide.~ by, 1h~n in ~i+her a any iuch wtnt tM uid ap~ preyste wm me~taned in s~id p~omissory note the~ remaining unpaid, with ime~eil accrued, and all moneys secured her~by, tMll becom~ dw and pay- able tathwith, or thereafter, at tlie opt~on of said MORTGAGEE, as fully and comple~ely as ii 'stl of the ssid sums of mon~y wen wipin~lly atipulated to be psid on such day, anything in sa:d pran~aso?y note or in this Mo~l9age to the comrary notw~thsundiny; ~nd thereupon a thereafter at tM option of said MORTGAGEE, wirhout ~otice w demand, suit a? law or in equ~ty, thertfore or tlxre~ftcr begun, may be protecuted as if dl enontys MNrd Mreby had matured pnor to ~ts inuirurion. 7. That in the event that at the beginning of w at any time pending any suit upon thii Mwtgeg~, w to fweclose it, or tp reform It, p to enfwc~ payment of ~ny claims hueunder, said MORTGAGEE shall apply to the Cour1 I~aving ~ur~sdiction thereof tor 1he appointm~nt of ~ R~ceiver, wch Cou?1 sMll Fathwith appoint a receiver of said morlgaged property all and singuia~, includ~ng all end s~ngular ihe income, profib, iuues and revenues trom what~ver wurce de+~ved, each and every of which, it be~rg expresaly underatood, u hereby mortgsged ~s if speu(ically set falh ~nd de~cribed in the 9raroin~ u+d habendum c:auses F+ereof, and such Receiver thalt luve sll the bro~d and effective fund~ons and powers in anywise eot?v~tad by a Court to a Receiver, and s~ch appointment shall be made by such Court as ~n ~dmitt~d equity and a rt~ner of absolule right to said MORTGAGEE, and withoue re~e~cnte ro th~ adequacy a inadequacy o} the valve of the property mortgaqed or to the toivency a insoavency of s~id AIIORTGAGOR w the defendann, snd that such renu, profits, income, issues and revenues shall b~ applied by such Receivc~ accord~ng to the lien or equity of aid N10RTGAGEE and the pr~tlice of such CouA. 8. To duly, p~omptly and iully perform, dixhary~, exec~te, effect, complete, comply wi~h and abids by eath ~nd every ihe stipulationt, ~preem~nt~. cond',+iom and covenams in sa~d promissory note and this mortyage ut fath. 9. Tha~ in the evero the ownenhlp of the mortgayed premises. w eny psrt thereof, becomes veated in a perion other than tM MORTGAGOR, tM MORTGAGEE, its successors and asagns, may, wifhou~ notice to thr MORiGAOR, deat with such successor or iuccessor in i~te~eit with ref~rence to tha mortg~ge and the debt hereby ircured in the same manner at wiih Mortgsga without in s~y way vit~~tirg w d~scharging the Mort9~gws' liability her~- i under a upon the debt hereby secu.ed. No ssle of the premises he~eby mortgaged and no fwbearance on•Ihe part of ?he MORTGAGEE w ib successors or ~ssigns ~nd no extension of the time fa the payment of the debt hereby secured 9iven by the MORTGAGEE w iri wttqsors w auipns, aMll oper~t~ to reieaae, d~xharge, mod~fy change or •flect fhe original liab~li~y of the MORTGAGOR herein, either in whole a in p~rt. 10. It is speufically agreed thst time is of the essence of this contract and tMt no wsiver of any obl~atan hereunder a of tM oblipstion N- cured hereby shsll at any time thereafier be he~d to be • waiver of the terms hereof p of the instrvrtKnt secured herby. ' 11. in add;tion to the forego:~x~ month?y payments ot princ'pal end interest required by the promissory note secured hereby, mwtgagor toveMnfs and agrees to pay to mo:tgagee with each monthly payment an sdd~r~al sum esrimated by mortysgee to be equai to 1; 12 of the an~ua) cost of the follow- in9: A-Atl real property taxes k~ied or assessed against the above de:cribed real estate. B-P~emiuma on fire a~d windstorm insurarce as herein requ~reA to be carried on the improvements situate on the above desvibed premises. C-Premiums on such mortgsge gusrsnty ir.svance aa mo+tgagee shal) from hme to time derm fit to urry on the loan setured hereby. Mortgagee shall from t~Rie to t~:ne notify mor+gagor fn writ~ng of the amo~nt dve ~nd payable hereunder ~nd such ium sMll thereupon be due and ,i payable on the due date of rhe next monthly payment ar.d each successive month thercaAer until rtwrtgagee shall notify mortgagor of a change in such amount. Such sums shai! be applied by mortgagee toward the payment of real property taaes, insurance prem:ums, and mort9s~e gwrsnty insursnc~ < premiums. i ! i IN TNESS NHEREOF, the said ORTGAGOR hereunto xt his hand and seal the day and yea uq afwesaid. C Sealed a iv i f ~ ~ ~ ~ nnis un ~ ~ i n j J ~Si$:ft ?OR~f ~ Rf_Cp~I+ E r~~ L ura L. Ek und ~,n ~ STATE OF fLORIDA ~ ~ ~ ~ ~ ~ 336535 COUNTY Of - St . L_UC le ~ Before me personally appearcd Dennis A Bklund Laur~ i F_kl iinrl his wi~e, to me well known and known to rne to M tf~s i~d7viduals described ;n ~nd wFw e:ecuted the foregang instrurntnt, and ~cknowted9ed befwe me that they e:ecuted the ~ams fo~ tFw pwposes r?K«~~ ex~.~„~d. a,a rne ~aid LA u ra L. Ek 1 un wife of the said I~nn ic A_ Rkl mcl ~„~~a, ~~~~h ; exami~~tion by me taken separate and apart from het said husband, ~ckrawledged to and beforo me that she exetuted said jrbkvrne~i'I/Ml~r and vo1wF ~ rarily and w~thovt ~ny compuls'an, constraint, apprehens~on, fear of or from her said huaband. ~ "=~G';. . a ~ WITNESS my hand and ofEic;al teal th~s ~ day of ~ :A,~ p,:~ ~b z _ ~ ~ ' ~ ~ . . _ ' ~r_ ~ ' i ' ~ f~ry Public in end fw f~ S~;i~_:O~florida d;~M~F%'_ _ ~ 1 ~ My dommiuion expires: - • ' r,, 4 ~ Retum To: ~ ' ~ - ~ NpRA~1l /UetK 3TAl~ ~ 'ltbR~DA ~T Q~• : - ` S First Fcdenl Savingi a Loan AssociaLon a~.,-~ _ t i ~ Of Forf P~erce. ~ ~~1a'~ ~ ? ; ~ Fort P~erce. Flor~da BQNO~ 11~W ti S~NA~~'~• ' _ ~11,'`~^.+{.aiY. . ~ e L ~ - ' , , - ; :'~r~ , . ~ . . ~i . ~ This Instrument Prepared By Ga=y F. E2lwood ~ First Federal Savings b Loan Association ~ of Fort Pierce , Florida ? ~ Checked By ~ r ~ ~j~` ~14 . ~ . ~ sh ~ ~ , ~ . . ~5 ~ R•.+n F"c.f - ' _ . =l ~ " _ ~ _ _ _ ~ . . : .'~'-:3~