HomeMy WebLinkAbout0341 To place Md conlinoo~nly k~ep on tM buildinpa now a Mr~atar utu~t~ on iaid I~nd ~nd on dl eqviprn~~ ~nd pason~ly oow~~d by 1hb narl¢
p~, with dl pr~mlum~ tMr~ pa~d lo full, fire insuranu fe tM vewt tundad policy fan?, in a wm .pp•owd by N» MOR(GAGEE. ~+d wie~torm ~
4aur~ in tM u~wl ~~uidard pol~cy fam, tn a wm ~pp.oved br tM MORTGAGEE, M wch company a wmpanNs as th~ MORTGAf3EE n~r
dincti and all fk~ ~nd wind~torm inw~+nu poiicies on ~ny Of f~ld bHildinp~, Mly MINH! t11ffl1rl W~If tIN+~O~, in th~ pprpa~~ awn ~iwNaid w
M~xcew tM.w/, ~Mtl cont~in ~M uswl i~w,d•rd mor~~apN ctava o. svcA aha cla~ a 1M Mor~papN m~y nquk~. md~inp ~M lou undN ~id pd}
cia, ~ach and ~wry. p~YabM to said MORTGAGEE a iq in~erest maY spp~ar. and sach and wNy such policy ahall b~ promp~yr ~u:pn~d ~nd d~liwnd w
~nr Mld br ~+id MORIGAGEE as f~rthM s~tvrity to wid mortp~t dtbl, and, not I~ss tMn qn (1~ days in ~dvar+c~ oi ~M ~apk~~ion ot Nch policy, to da
(iwr b wid MORTGAGEE • r~newil tMnof, rop~tMr with • r~c~ipt fw tM p~mium ot such r«ww~l~ and ~Mn sMll b~ no f'a~ o~ windstam inw~~
plaad on any of aid buildinp~ ~ny inter~at tha~in or put tMr~oF, v~les~ in tM form u,d wi~h ~M loas pay~bM as ~(waaid~ ~nd in ~M ~wnt any wm
of mon~y bacan~s payabl~ u~+dK such policy a potic~ said N10rtTGAGEE shall Mw tM option ro nc~tv~ ~nd apply tM wn~ on xcount of th~ ind~bt~
t~ss sKwtd Mr~by a b permit said AAORTGAGORS ro nctiv~ and us~ it p~ny pat thereof fa othe? purposet, without thxebt waivi~y or impair-
6+p +~Y pu~tY. IiM a ripht unde. w by virtw of thh mortyapet and i~ tM ~vent uid MORTGAGORS tlull (a~ ~ny nawn fail ro IcNp tM aid pr«ni~a w
4Kw~d, a fdl b d~liva promptly ~ny of sald pol;ci~s of ir~wranc~ to sa~d MORTGAGEE, a fail promptly to pay fully aoy pnmiwn th~r~fa a In any
?~apw f~il b pK(ona~ diict~uy~. .x.cute, eff~ct. compl~~e. comply wi~h u~d abid~ by ~his cov~+~ant, w My put hawf, s~1d MORTGAGEE may pl~a and
WY ~+~+d~ In~w+nc~ or aer put tFwwf without waivinp or ~ff~ctinp any option, I1M, pviry, o~ ripht undN a by vk~w of thia Mortqp~. aed tM
full amoirnt of ~ and twry iuch paym~nt shall bt 4nmed'wfely dw and p+yabM a~d ahall btar i~ter~at from Ih~ dat~ tha~of ~ntU paW ~1 th~ r~N ol
nin~ pM a~tw++ p~t amum ~nd apatha with wch in~tro~~ ~hall be secured by fh~ li~n of lhis nwrpp~.
~ To permN, owmmb or wHer no wute, lmpairrn~nt w d~taior+tion of ~aid prop~rty o? u~y p~e tMnof.
S. To p~y all and sinputar tM oost~, charpes u~d ~xpsmes, includinp ~ nasonabb anorn~y's fN ~nd oosn of abstract~ of titl~, irxwr~d or paid at
any tims by s~id MORTGAGEE, bscaus~ a in tM ~vent of ths failw~ on tM p+rt of tM uid MORTGAGOR ~o d~N. Wa^+P~N ~~~~Y PKf~. ~
ezecut~, ~fhet ownpl~% oomply with and ~b~d~ by each u~d every tM stip~latiau, ~p~MmenM. conditioro„ and cownams of s~id promiswry noh and thts ~
^+o?~9p~ ~nY or ~irMr. and said oosn, cha.yes u+d ~xpau~, esch ud ~very. ~FwU b~ &rwnediatety dw aed pay~bl~r wMtM? a nor tMr~ be nwic~ d?
e++nd. +tt~mp~ to ooll~ct a wH p~nd~ngr ar~d th~ full ~rnovnt of ~acA ai+tl ew.y wch p+ymsnt sh~M b~s. in~aut from tM d~t~ tM+sof wuil paW ~t tM
rare of nine pe? ce~tum psr anrwm; and all said costs, cMrpes and exQeosts incun~d p p~id, Iop+tMt with ~uth initresl, thitl b~ sKUr~d by ih~ li~n of fhi~
~
6. Tlwt (a) in ths ~van1 of ~ny breach ol this Mwtysp~ w defwlt on Mr part of tM MORTGAGOR. or (b) G? tM ~wnt ~ny of sak! svna d~ey !
he~eie nhr~~d ro b~ nof promp~ly and fvlly p~id within thirty (30) dayt rnx1 afta tM sart» avKatlr b~cartw dw and p~yabb. wilhout d~m~nd ~r notiq.
a(~ in tM awnt each aed ~wry tM uipulstions, agrsements, condifiau ~~d cweoann o1 ~a~d promisswy not~ ~nd 1h~s ma~pa~e ~ny or ~itlar u~ nW
i~ty, promptly and fvlly p~.{ormed, d~xhuqed, exewted, effed~d. compl~red. compl~ed with ~nd ~bided by. ~hen in e~thK or ~ny such ~wm th~ s~id ~ '
preyaM wm mentanad in s~id p~omissory rqt~ tlxn remainirg unpaid. with i~~Ktu ~ccrusd. ae~d •11 monsys sacured her~by. shaN betome dw ~nd p~y~ ~
•ble forthwith, or Ihereaher, •1 tM option of said MpRTGAGEE, u f~lly and tompl~tey u if all of the said wms of nan~y vw~~ aginally s~ipul~td 3
to be piid on such dsy. anythinp i~ said promissory noro or fn ~his Mwt~ay~ ro rM contr~ry ewtwithst~~dinp: and t1+NK~pon a tharaafter ~t th~ option of :
~aid MORTGAGEE, witho~t notice a demand, wit ~t law w in p~iy. therefon or thereah~r b~yun, may be prwecuted as if all mor+eps s~cw~d h~rtby
had m~twed prar 1o in institution. i
7. TMt in tM went that at tFw beglnninp of w ~t any tiin~ pendirg any suY upon thq Mortgage, w to fo~aclos~ N, a to refwm N, w fo ~nfwp
payn~ent of a~ryr daimt herevnder. said MORTGAGEE th+ll apply ro the Court hav.np iurqd:ctiqn ~her~of fw the appo~Mm~nf of ~ Receiver. such Co~A shall s
fwthwith ~ppoint a nceivK of said mortpayed poperty dl and ~inpul~r, includu,y ~tl and sinqvlu tM incom~, pofits, issues and n~Mws fran wMt~var ?
wu?ce dKived, ~ad? and every of which, it beu,p ~xpreuly ur~stood. is hereby mw~~ap~d p ff ipec~ikalFp"s~t fath ~nd davib~d in th~ ~ramirp and t
habendum d~vsa h~reof, and wch Reo~iver shall Mw dl the broad and ~fiec~~w iuncrroru and powen in anywi~ ~nt~usted by ~ Cowt ro• R~ceiwr. ~nd i
•uch appointment shall be made by wth Court as an ~dmitted eqvity and a r?rtt~s of ~b~olute riqlq W ~aid MORTGAGEE, and witho~t nferenca to th~
adequacy or in~deqwcr of th~ wlus of the P~operrY mor~9~ed or to the waencr or inw~vency of aid N?ORTGAGOR w the defenda~n, and thu such
rmts, profits, income, issues ~nd revenues shall be app~i~d by such Receive~ ~ccordinp to tl+~ lien or pviry ot aid N10RTGAGEE and th~ pr~ctiu of wdi
Court.
8. To d~rly, promptly and f~lly pa~iorm, d'athery~, exscuta, effect, compkte, comply with ~nd ebide by sach and ewry th~ sY~pulatio% p~~arnents,
cortditioro and covcnants in sa~d p?omissory note ~nd tha matyaye set fath.
9. Th~t in the event the ownenhip of the rtwrtgeyed premisea. or ~ny pe?1 thereo/, bec~omea vested in s pason other tM~ the MORTGAGOR, th~
MORTGAGEE, Ni successors snd ass+gro, may, withovt notice to tl+~ MORTG/WR, dral with iuch svccessor d succeasor in intere~t with rtferance to this
mo.tyape and the deb~ iweby secured in tM same manne~ as with Mwtgayo~r without in any war viti~tirp or d~achuy~rg tFwr Mort~aywi' lisb~lity har~
under or up«? tF~e debt he?eby secured. No iak of the premises F~ereby moriq~ped and oo fwb~e~ant~ on the put of the MORTGAGEE a its waes~ors
or ~u1gro and no exte~sion of th~ time fw the payment of tha debt hereby tecurod given b~r tl+~ MORTGAGEE or lts sixcsswn or us~y~s, ~hall opua~~
ro releas~, dischar~e, modify chanqe a ~ffect the aipin~l liabil~ty of the MORiGAGOR Mrsie, ~ilhar a~ whot~ or b pnt.
10. It is ipecificsNy apreed that tim~ b of tM es~ence of this contrxt and tMl ~o waiw~ oi any obt'gation hereunder or of the oblipation s?
cvred Mreby shaU ~t any time theteaftK be held to be a w~ivsr of 1M terms hereof w of the irotr~nent ~stwed herby. .
11. In add~tion ~o tl+e fwego:ng monthlY paYmeMS of pr'ux'pal and interest required by ttx promissory not~ sacured hereby, rr.ortgagor coven~nh '
and a~rees to pay to mortgagee with each monthly payment an addirional sum estimated by mortgagee to be equal to 1/12 of the annual cost of ths folbw-
ing:
A-All real property taxes levied w asussed against the above dexribed ~eal es~ats_ ~
B-Premiums on /ire and windstorm insurar.ce as herein reqv:red to be urried on the improvements sitwte on fhe above dexribed premisss.
C-Premivmt on such mortgage guaranty iruursnce as morlgagee aFull irom time to time deem fit to csrry on ths Josn tecured her~by.
Mwtgapee shall hom tirne to t~me notify mortgagor in writiny of the amount due and payabk herevnde~ and iuch wm shatl thereupon ba due and
payabls on the due date of the next monthiy payme~t and each svccessive month thereafter until mortgapee ihall rqtify mortgagor of a m wch
amount. Such surr.s shaq be applied by mwtgagee toward the psyment of real property taxes, insurance premiums, and mortgsps guar~~nwranc~
~
premiumf.
IN WITNE~S WHEREOf, the said MORTGAGOR has hereunto xt his hand u~d sea! the day a ar fint afwesaid.
~ Siyned Stakd and delivered in the presence of: ~
~ une . oun s g e a
I!
f ' i _ r. ` 0
~N~~ !%il!
~ STATE OF FLORIDA . J•Z'~i .
~ ~ _ t ,
courm oF St . Luc ie _~1-A~V~~S i?; -
-y~~ ,
~ Befue me perw~wlly appeared JWl@ R. S 17~;. . • ..n;s r.
Youn a sin le adult . ~
~ illl~u~Hl, to me ~ ~ ~ _ . -
ths indivldw! destribed in ~nd who sxecuted the forepanp instrumsnt, and acknow{edped before me that hs ;
~ 4t~KD~~
pC rheretn ~xpresfed. I1wi 1Fw ~ . - ~ ; ~ 7
! 1~1~l~1F1l~ltld~~~~d~~~~~~'~~~~~~~~~~~~~~~~~~~~_~~ `t ,~~d,.M.
~ ~xanoio+tioo~yloe~t~lce~rr sepa~ats~snl ~psrt ~i.~iw-hK s~i~ J~w~sai,.aokww~i~sd aa and b~f~ aw.that sh~ ~aewMei s~ids .
b~lytda~fl~iF ~?y'~w~Iweb pA~1r~iMr K~K~l~ror 1w~ ~i-ar.f~w J~wsaid 4 wd. •
~ WITNESS my hand and official seal this ~~~1 da of ~ 7
Y ~ "A. D. 19_~
~ `~~.1/7C.f..(J ~ ~nc_!)~.~/
E Notary uWic in a~d (a the at~ of Florida ~t lar~
F Return To: MY ~+u~ ~xP~~
~ Fint Feder~l Savingi 3 Loan Associatron \OTARY F'UBLIC STATf OF FLORI~JA AT tl~RtiE
~ Of Fort Pierte. (',QS1;a1S~1~J.'~ EXPIRES 1!U6. 12. 197)
Forf Pierce, Flwids
30~'~DEO iHROUOM MUIiOSK1 ~ HUGKIsBERRY.
~ ~
~ This Instrument Prepared By Robert A. Swisher, Jr. ;
~ First Federal Savings b loan Association . ~ ~
of Fort Pierce~ Florida NLtA AMD RE~Q~pE'~
=T. ~UCtE COIIMT~ il~.
Checked By ROCEA POITRAf. .
344448 RECARD VERR
lE~
t . _
~ BOOK / PAGE ~ 3 • 3 ~ PM ~I~. ~~3 ~ - _
~ t ~ s~b ~ ~ a
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