The URL can be used to link to this page

Home My WebLink About0989 s rr-+ _ 'X .f~~ + ~ - i To plac~ ~nd coroinuousty k~ep on ~he build~ngi now a h~.~a(tN ~irwt~ on said lar?d ~nd on all equipment ~nd pNwn~lly cov~~ed by thi~ mwt~ sy~, with all pemiums th~rew~ pa~d ~n fuli, lire Insu~~ntt in ths uiual ~undard po~icy fam, in a sum ~pproved by ~he MORiGAGEE, and winds~wm intu~Mt~ in tFw uswl it~r.dard pol~cy fam, in • sum ~pproved by tlw N10RTGAGEE, io s~th tompany w compania~ ~s the MORTGAGEE rt~ay d'u~dt ~nd ~II fir~ and winditam insw~nc~ polKie~ o~ ~~y of taid bvild~~gt, ~ny i~Mr~~t thsrein or part tM~eoi, in ~M ap9rey~s~ ~um atassaid w 1~ ~acsss thereof, ihall contain tM ~nual sundard ma?9a9n ci~vie a such otha cl~us~ u ~he AAa~9age~ may requ~r~, ma?inp tM lots vnda ta~d pol4 . ci~s, ~ach er+d svery, p~ysble ro s~id MORTGAGEE as ita iroerest may ~ppear. +nd e~ch and ~w.y sucA pol~cy sh~ll be prompdy u~.pncd +~d delivered ~o f ~ny Iwld by s~id MORfGAGEE as 1u~ther security to s+W mortysg~ debt, and, no~ leis ~hs~ ten (10) d~ys in adva~ce of the t=pi~atio~ oi each policy, ~o dr Gve~ to said MORTGAGEE a ren~wal ~hereof, to9eiiw~ w7th • rece~pt fw the premium of :uch renewat; and ~here ~hall be no firs w winds~orm insuranc~ pl~pd on ~ny of said buifdinp~. ~ny inte~e~t ther~in or parl ~hereof, unlcsa in ~FM io~m a~d with tM toss p~yabls at alaeuid: aod in C~r e.~:: :..:y oi mon~y becomes p~yabl~ unde~ such policy w polKies said MORiGAGEE ihall hav~ tM opt~on to receive and ~pply the same on accoum oi ehe indebted~ M!1 3KVf!<I I1Nfby ot ro permit s~id MORTGAGORS to receive and us~ it p any part the~eof fw othrr purposes, v.:~hou1 the+<o~ waivi~~g or ~mpair• inp any aquity, li~n or riqht u~+der a by virtve of thi~ mort9s~e; and I~ ths ~vent u~d MORT~e~'-~QC sMll fa ~ny resson fait to keep tM iatd p~~ses w inavred, p i•il ro de~~~e. p~omptly ~ny of said po~icues of i~suranc~ to s+~d MORTGIGFE, w fail promptly to pay lully a~y premium therefw p in a~y , - respect fail to paiam, d~schuge, eaecute, e((ect, completa, comply wi~A and abid~ by th~s tovenan~, w any part htreof, sa~d MORTGAGEE msy pf~ce u+d paY ta such insuroi+c~ w~ny pa?t thereof w~~hout w~ivinp or ~ffauinp any option, li~n, equ~ty, o~ ~c~M undm or by v~rtw oi thES Ma~ya9e. ~nd the full amoun~ oi e~ch and every such payment shalt be immedutely dw and p+yable ~nd ihail bea~ i~terest fran ths dat~ thercof unal paid at tM rat~ of = nins per centum per annum and together with tuth interest shail be secured by the lien oi this rtwrtysg~. f 1. To pe~mit, commit a sutfer no wast~, Impairment o~ dete~ioration of s~~d prope~ty a any part thereof. S. To pay all and singulu the costs, cha?qes ued expenses, including • reasonabb attwn~y's fee and cos~s of abitr~us of title. inc~rred w paid at •ny time by uid MORTGAGEE, becwse or in the eveM of ~he fallure on the parf of ~h~ said MORTGAGOR to duty, promptly ~nd Fully perfwm, d~xMry~. execute. efiett. complete. comply w~th and ab;de by exh and svery ~he stip~rial~ons, egreemcros. conditions. and cownants of s~id promissory nots and thi~ mortgags sny p either, and sa~d co~ts, chugei and expenses, each snd evcry, shall bs immed~atety due and payab!e; whe~her w no! there be notice da mand, attempt lo colkct or wit pend~rg; and tha full amovn? of each and every ivch paymeM sha11 bear interest hom the date thereof until paid at the rau of n~ne pe~ centum per anuum; and all said cosu, charges and eapenxs incvrred w paid, toge~her w~~h tuch interesl, ihall be saured by ths lien of thit mwt9age. 6. Thst (s) in tM event of any breach of th~s Mortgage w defaul~ on the part of the MORTGAGOR, w(b) in the ~veM ~ny of s~~d wms of money herein refc~red to be not promptly and fvlty paid wlthin thcrt~ (30) days nexl aftcr Ihe same severelly become due ~nii payable, without demand o~ notice. or (c) in the eveM esch and every the sliputations,.agreements, conditions and covenants of ~a:d promissory note and ~h~s mortgage any a either are bot firly, promptly and iulty performed. dacMrged. eaecu+ed, effected. comptered, complied w~+h ~nd abided Sy. ~hen in either w any such event the u~d ag~ pregat~ sum mentanee! in said promissory note then ~emsining unpaid, with iNerest accrucd, and all mo~xy secured heraby, thall become dw snd psy- sbb fathwith, w thereafter, at the opt~or+ of said MORiGIlGEE, as (utiy and compte~ely as if all of ~he said sums of money were w~ginally st~p~rt~ted ?o be pa~ti on svch day, anything in sa,d prom~ssory note o~ ~n th~s Mortgage ro ti~e contrary notwi~h~tending; and thereupon or theresfter at tM option of said 1NORTGAGEE, without notice or dcmand, suit at law or in equity, the.efore a thereai?er begun, may be prosecuted as :i all moneys secur~d hereby had rtwtured pnor to ~ts im~itution_ 7. That in the event that at the beginning of or at any time pending any su7t upon this Mo~tgage, o~ to faeclose it, or to retwm it, o~ to enforce payment of a~y claims herevnde~, said MORiGAGEE shall appty to the Courf havirq ~urnd~ce~on Ihereof for the appo~mmenf of a Receiver, such Court shsll Forthwith appoint a receive~ of said mo~tgaged property ~II and singutsr, includ~ng all and s~ngular the incom.e, p~ol~ts, ist~es and revenues Irom whetever wurco de?ived, each ar+d every of wh:ch, it be~ng expressly understood, is hereby ma~gaged as if spec~f~cally set fath and deur~lxd in ~he granting and habendum clauses hereof, and such Receiver shall have all the broad and efiective fu.,cr.ons and powers in anyw~se entrus+ed by a Court to a Receiver, and ~uch sppointment shall be made by such Cou~t as an admieted eqvity and a matter of absoiute r~ght to said MORTGAGEE, and withcut te~ereMe to the adequacy or inadequacy of the vaiue of the property mortgaged or to rhe w~vrncy a~nsolvency ot said MORiGAGOR o~ the defe~xlants, and th~t such renfs, profits, income, issues and revenues shalf be appiied by such Receiror accord~ng to the lien a equity ot sa:d MORTGAGEE and the p~aU~ce of such Court. 8. To dufy, prompNy end fu11y pe.form, d7scharge, execure, effect, comptete, compty wi~h ered abide by each and every tM sli~w~at:a-~s, agreamentt, condilans and covcnants ;n sa~d promissory no!e and th;s morrgage set forth. I 9. That in the event fhe owrursbip o! the morrgaged premises, a any part thereof, becomes vested in a person other than the MORTGAGOR, Ihe M.pRTGAGEE, its successors and as~~qns, may, v.i~hout no~ice to the h10RTGAOR, deal with such successw or succeasor in interest wi~h ~eference to thi~ mortgage and the debt hereby secured in the same manncr as w~~h 1'Jlorfgagor w:thovt in any way vit:a~ing o~ d~xharging the Mortgagori lisbility hert under w upon the debt hereby secured. No sa!e of fhe ~rem.;ses hereby mo~tgaged ar.d no lorbearance on the part of the /AOQIGAGEE or its successors or assigns and no extens~on of the lime fw fhe payment of ~he debt h~reby secured g7ven by the MORTGAGEE or i?s fuccessors or au~9ns, sl~sll operote ro relesx, d.scharge, modtfy change w affect the original liaoiiity of the IYARiGAGOR herein, either in whole a in part. t0 ~t is specificatly agreed thal time is of the esxnc~ of this contract and that no waiver of any obiigshon hereunder w of Ihe obligata~ sr tvred hereby shall a~ any time thcreaSter be he:d to be a warver of the term~ hereof or of the instr~ment secured he~by. 11. In add.?~o~ to the forego:rx~ moethly payments of princ pal and interest required by the o~orn:sscry ~o~e src~.td hereb/, mortgagor covenants and agr~es to pay to mo-tgagee a~rh each month~y pa~~.eem an acid.~ional s~m ~st,T,a+~d 'oy mortgagee to be eqvai to 1,- 12 of the annual cost of the follow- ' - - - A-Ap real property taxas le•.~ed or assess_d agai~st the aUove descri~rd real esta+e. 6-Premiums on f~re and wendsrorm imurarce as ne~r:n req~~;red ta be carrieti cn the im, rovements a~t~ate on the above described premises. C-Premivms on such mwtgage guaranty insure. ce as mu~gagee shall from ~,me to hme deem iit to urry on the ban sewred bereby. ~ Mortgagee sfia~t frcm nme to t~me no~ify mortgagor ,n w.iting of the amou~t due and payable hereunder and s~ch surn shaU thereupon be due and i Fayable on the due date of the neTt month!y pay.Rent and each success~ve m.o~th thereait~r ur.r~l mortgagee shall not~fy mostgagw of s change in such E amount. Such sums shail Ex appiie! 6y mortgayee toward the paymenT of real property taxes, insurance ptem.ums, and mortgage guaranty insurance ~ premiums. IN WITNESS iNHFREOF, the said MORTGAGOR has he~eunto set h~s fiand and seal the day and y ar first foresaid. Signed, Sealed and deiive?e~d in the prexnce of: f ~ .`h e` n f~Ky ~AuL.~~y+ ~a~ . _ ~.L---.~ ST. ~~i~ '=R~ ~ (.Sla~ PGGE~ ~ . - (',lfRf[ Cii.::Uli -l~T~~ ~~Fd f ~T~O 8 n (Seaq ~ RE~O~~ ~E~ff1E {Seaq STATE OF fLORID ' ~~~1 9 S A'7'~~ COUNTY OF St . Ll1C 1 Q ~ Befwe me personatly appeared John ~1 _ GOli1S a~ Martha M. Cs0~115 his wiTe, to rrK well known and known to me to be the in~vidwls desvibed in and who exetuted the foregoiny instrument, and acknowledged befwe me that they executed the same for the purposes therein exp.eised. And the iaid Ma rtha M. GO1TI5 wife of the said .jOhJl H. C.O1ri5 upon a xparafe snd priv~ts e:aminatio~ by me taken separate and apart from h~r said h~sband, acknowiedged to and before me that she exetused said insrrument f?eety and volun- ~ ~arily ind w~tho~t any compuls'an, constraint, apprehens~on, w fear of w frortyhe~ uid h~sband. ~ WITNESS my hand and offic~al seal this_ ~y~ day of er ~ A. D. 1976 ~ No~ary P~b~~c in sn or.l~ie State of Fiorids at large ~ Retur~ To: My Commisaeon ex ap: Notay Pv':1ie, Secte of r,.:d, aY (b. k First Federal Savings b loan Associat~on p ~ Of fort P,erce. Aty Com.m:ssion Eap'rts :v.r 22. 19Tf 8onded Ly American f,re G Co:i~i'~ Ce. Fort ~~erce, Flor~da ~ ~ :~:If11:j ~ _ l ' I - ~ ~~1 j This Instrument Prepared By J• Ha 1 Robert s, Jt . ~ ~ • ~ ~ First Federal Savings 8~ loan Association a of Fort Pierce Florida e , ' ~ ; ~~7' _ ~ , ' : ` - Checked By _ ~ • 7' _ . ~ ~~~~~~1. ~.4~E 987 =;f.~~~. ~ . : . I 9.. ~~~T .