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HomeMy WebLinkAbout0858 To plsc~ •nd continuou~iy keep on tM ~uitd~r~ys now a her~af~~r ?~~u~u o~ ~a~d I~nd ~nd on ~i( puipmtnt ~nd ptaWn~lly tov~r~d by Ihi~ mW19- ~g~, with all premium~ thereon pe~d ~e full, lire in~ur~nte io tM u~wl ~t~~derd poiicy torm, in a sum approv~d by th~ MORIGAGEE, ~~+d windt~am ~niu~anc~ in the uswl i~andard pot.cy Iam, in • ~um approwd by tl?e MORiGAGEE. in such company or canp~ni~~ ~s th~ MORTGAGEE may dinctj ~~d all (ir• +nd wi~d~~orm iniuranc~ policirs on ~ny of ss~d bvild~npt, any lnta~~~ tMr~in w p~rt the.wf, in IM app~e9~tt sum ~lor~uw! w In ~~cc~u ~Mreof, ahall contain ~M usual sta~~dud matqay~e clau~e a such o~h~. claute as tM Mortp~~ may r~Qv~n. m~?inp tM lou unda a~d po14 uss, each and ~vs~y, payabi~ ~o ia~d MORiGAGEE as ~ti iMere~t may ~ppe~~, ~nd ~ach u,d every ~uch po+~cy ~Ful1 b~ p.ompily a~~.pned and d~liver~d ~o •ny held by ssid MORfGAGEf as tv~eher kcv.iry io u~d ma~~a~r d~bt, and, ~o~ I~u tha~ ~e~ (101 datn in ~dv~na o( 1M ~api~a~~on of ~~ch polrcy, ~o da Iiwr ~o ~aid MORTGAGEE • ~~n~wal ~herwf, to~e~Fw wi~h a t~te~p~ (w ~M pr~mium of such r~newsl; and ~h~re sh+ll t» no tu~ or wiod~to.m inw?~nc~ plac~d on ~ny o1 s+id build~nps, ~ny ints~~s1 thea~n or puf tM~eof, unk~~ in ~h~ fo~m ~nd with ~h~ bu pay~bN ~ta~uidj ~~d in ~M ~v~nt any wm ° of monsy becomes payable ~~dsr sucA policy w pollcies ~sld MORTGAGEE thall have ~M oprion ~o r~ceive and ~pply tM Nme on account o( IM indebted ne~s iecured hereby w to permit said MORTGAGORS to ?eceive and us~ it a•ny parl thereof for o~her pu?pos~s, w;~hout ~he~eb~ waivi~~9 a~n,pai.- inq any equ~ty, lie~ or riyht under or by vir~w of ihis morep+gs; ~nd in tM ~vent fa~d MORTGAGORS shsll fw aMr rason fail to ke~p the a~d pnmius so iniured, or fail lo delive~ promptly any of said policies o+ insw~r+c~ ~o a~d MORTGAGEE, w lail promptly to pay fulty any pre.nium ~he?e+w w in any r~spect fail to perfam, d~schaye, t~cecu~e, eif~ct, complets, comply wi~h and abid~ by ~his covsnant, a~~y par~ heraoL said MORTGAGEE may pl~ce s~+d t~' : pay (w iuch insurance or ~ny pert the~eoi without waivinp a affectinp ~ny option, li~o, puity, w rigfil untle~ a by virtw of Ihis Ma~Qape, ~nd the full amount of ~ach u+d ~vay wch paymam ~hall be immcdi~taty dw and pay~ble ~nd ~hall bear im~ie~~ lrom tM da?~ tFK~wf until paid ~t ~M ~aa of f.~ n~ne pe• c~ntum ps~ annum ind togrther wi~h such interest iMU be iecured by 1M IiM of this mortgp~. t'~ 1. To ptrmit, commit w sufter no waste, impairmeM w deterio~ation oi said property or any parl tMreof. 5. To p~y all a~d unyular ths coati, chuges +nd expenies, includinp • re~sonsble anwn,ry i fe~ and coit~ of ~bsUacts of ti~ls, incuned o~ paid at ' eny time by uid MOATGAGfE, becaufe a in the event of the f~~lure o~ ~h~ part oF the iaid MpRiGAGOR w duly, promptly ~nd fully pa.tam, d~uhuy~. execwe, e(fecf. complefs, comply with and ab;de by each and every the itipulationi. agreem~nts. conditiora. and cov~?antf ol uid promissory note and thi~ mortyags ~ny w eitl+er. and sa~d cosb, cMryes a~d e:pense~. ~+ch and wery. sha11 be immed'utety dua •nd payabk: whe~her a not fhere Ix not~u ds mand, attempt to coNett or svif pend+ng~ and ths tull amount ot each and every ~vch p~ymeM sh~ll bea~ iMerctt from tM date thereof unfil paid ~t the rate of ni~e per centvm per a~nu~~; and all said costs, cMrpes and expenses incurred or paid, toyethcr w~lh tuch inteust. ~hatl b sKUted Ey tlt~ lien oi this mort9age. b. ?ha~ (a) in the event of any brexh of this Mo~tgag~ o? defwlt on ths pa~t oi the MORTGAGOR, w(b) in the went ~ny of sa~d swns of money herei~ refe~red ~o bs ~ot promptiy snd fvlly p~id within thirty (30) days neat after Ihe same sevaally betane dw and payable, without demand w notice, . or (c) in the evem each and every the stiputa~iont, agreemenri, cood~tions and covenmrs of sa:d p~omiswry note and th~s mo~lppe any or ti~he+ are no1 ~uly, p~omptly and tu11y perfamed. d:scMrgcd. eaecuted. effecttd. completed, complied with and +b~ded by. then in e~ther w•ny sutA ~wnt tM taid p- grcgate sum mentioned in said promiasory note then remaining unp~id, with interest accrued, and ail ma+eys setu~ed hereby, ~hall becoaN dw ~nd pay- ab~e forthwith, w thereafter, at the oprion of sa~d MORTGAGEE, as fully and completety as if all of the iaid ~ums oi mon~y wer~ pginally it~pulated to be pa~d on such day, anything in sa:d prom;ssory noie or in this Mortgage to 1he contrary notwi~hstandi~g; and therevpon a thereafta ~1 ~he option of sa~d MORTGAGEE, without notice or demand, suit at law a in puity, therefwe o? there~fter begun, may be proucuted as if all rtq~eys s~tvrad h~reby had fnDturld pf~W /o ~b institut~On. 7. ihst in ths e-+enr ~hat ar ~he beg~nn~rg oi o~ at a~y time pend~ng ~ny iu~~ ~pon ~his Mor~gage, o. to forecbs~ N, a ro refwm it, w to en(wc~ payment of any cfaims Acreunder, said MORTGAGEE shatt appty to Ihe Gourt havinq jurisdic}~on the~eol (o? 1M ippoiMmtnt of ~ Rateive?, ~uch CouN shalf fo+rhwi?h appoint a receiver of said mortgaged property all and sinpulsr, incl~rd~ng all and singulu ~M income, prol~ts, iuws ~nd r~venues f~om whaNrer source derived. esch and evcry of whrch, it beiny expreasly uoder~tood. ii hereby mori9aged ~s if apec~iicalty ~et (wth and dauibed in the yrantirp ~nd habendum ctauus hereo(, ~nd such Receiver sAail hsve a!1 1he Mwd snd effed~ve funct~ons a~d powers in any~w~se entrwted by a Court to a Reteive?, ~nd such appointment sAatl be made by s~ch Court as ~n admitted eqvity and a matter of absoluts right to said MORiGAGEE, and without referenc~ 1o the edequxy o~ i~adequ~cy of the v~1ue of the propcrty mort9aged o~ to tAe sotvency or insolvency oi i~id MORTGAGOR o~ the deiendants, and that such rent~, pro(its, intorne, issues and revenues aAall ce applied by such Receiver atcording to the tien or equity of said MORTGAGEE ~nd the prxtit.e of suth CouA. 8. To du:y, promptty and fully perlo.m, discharge, execufe, effce~, complete, comply w~rh and abide by each ~nd eve?y ths stipulatioai, agreeme~ri. cor.ditions and coven~nts ~n ss~d prom~ssory no~e snd this mortgage set forth. 9. TAst in ths event the ownenhlp of the mort9syed premiies,, w any part thereof, becwnes vested in • penon other tFNn the MORTGAGOR, tFw MORTGAGEE, its sucuuors and assi~ns, may, witho~t ~o~ice to the MORTGAOR, deal with such successw or ~uaeswr in inft~e~t w+~h relersnce to t!w more9age a~+d rhe deb~ hereby :ec~.ed ~n the same manner aa wi~h Mor~gsgor w~thout in any w+y vit~atiny w dixharyirg the Morfysgors' li+bility he~r urxier w upon ~he debt her~by tecw~d. No sale of the. premises hereby mortpaQed and no forb~ar~ncs on the part of ~he MORiGAGEE w ix sucasswt w sssgna and no extension of the t~me fo~ the p~yment of the debr hereby tecwed given br the MORTGAGEE of its succ~ssors or auiyns, shall operatt ro rele~ae, diacharge, mod~fy cMnge o? ~fiecl the orig~nal Iiab~Gty of ~he MORiGAGOR hs~e&~, ei~he? in whole or in part. 10. N is spedfically agreed ~hat time is o( the esxnce of this contract and thst no waiver of any oblgation hereunder w of tM obtiyation sr cvred hereby shall at any time thereaher be held to be a waiver of the terms hereof or of the instrumeM secured herby. 11. In add~tion to the facgo:ng monrhly paymenrs oF princ'pal and inte~est required by the prom+ssory nore secured hereby, mortgsgor coven~nts " and ayrees ~o pay to mortgegee with each mon~hty payment sn add~rional sum cstimated by ~nortgagee to be equal to 1/12 0( the annusl cost of ths foltow- intj: i A-All reat property ta,ces levied or assessed against ~he above described real estate. B-Premiums on (ire and winosro~m insurance as here~~ requ:red to be carrled on the improveme~ts situate on the above deu.ibcd premises. C-Premiums on such mortqage guaranfy inswance as mortgagee shall from time to time deem fif to ar~y on fhe losn secured here6y. Mortgagee shail from time fo t~me notify mort9agor in writinp of the ~mount due and psyable hcnrunder and wth wm shall there~pon be due and Fayabte on the due date of the next monthty paymen? and tach successive month thercafter ur.til mortga~ee shatl notify mortgsgw of a thanye in such amovM_ Such svms shall be applied by m«tgegee ?oward the psyment of ree) property taxes, insursrxe prem:ums, ~i~d mortgsge gwr~nfy i~Kurance p~emiums. . iN WITNESS WHEREOF, fhe said MORT6AGOR hss hereunto set his haod aod seal the day and ~rtar first aioresaid. Signed, Sealed and delivered in the prtxnce of: , ftLEO A1f0 RECUR9E0 t'' % l GLGE~-~~ ~ SL ~UCIE COUNTT Fi~. ,a,~r ce M. ROCE~ ~OItR~S o r s _ Ct~RK CiRGWT COURt ~ - ~ _ - RECORD VERIFIEC..~.. . / .c _ - .A.,.-.-- - .X .~l1 „n c...~f 1 ? ; c ~ ,a.,0 ~ ~ ~`R aN " Sandra Marie .Roberts ,~s wif e STATE Of FLORIDA ~ ? COUf~7Y OF St. Lucie ~ 35~395 eefore me personally appeared Maurioe iN• Roberts ~ $sIIIC~Z~I Marie RobQrts his wife, to me well kaown snd known ~o me to be ' the individwt~ described in ~nd who executed the fwe9ang inatrument, and scknowledged before me th~t rhey executed the same fo~ tF~e pwpwes ' ~x~?~~. ,,,,d ,,,e N;a Sa?ndra Marie Roberts wife of the said Mauriee M. Roberts , ~pon • kparate ~nd privst~ examinstion by me taken separate and apart from fier said husband, ~cknowledged to and be~ore me that sF~e executed said initrumeM freely and volun- tariiy and w~thout ~ny compv~sion, con~traint, apprehens~on, or fear of p from her sa" band. WITNESS my Mnd end official seal th~: "~`s~ day of- - y- ,/L D. 19 ~ 7 , : cl ~.~i*-~...~ C. Notary Public in ~nd for t State of flor' at My Commiuion expires: ~uqnst . ,.,~~80 Retum To: . Firsi Feder~l Savings b loan Auociation Of For! P:erce. • ~ . ~ / Fort Pierce, Florida . ' v ' ` - . - • . : Y ~ . . : C;- _ _ ~ ~ i~, . This Instrume~t Prepared By = ~I ' ~ ' ~ . , First Federal Savings ~ Loan Associa~ y fillwoOd _ : . ti. , of Fort Pierce , Florid a ~'l,;'", ~ ~ ~ ~~~~T~c~s~~i~:~~. Checked BY " $a~~ P~ 8~ ~ . -1 _ ~