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HomeMy WebLinkAbout0170 T / S To pl~c~ ~nd con~~nuo~sly kNp on t!w bvildirps now a M.~ai~n ~itw~~ on said la~d and a+ all eqvlpn~nt ~nd pwsonally covN~d bq this ma+¢ p~ with dl p~~ ~Mr~oe pa~d ie full, fih insor~ne~ M ~M usual uadsrd Pak1? fan~. in a ~w~n ~pprewd by ~Fw MOkTGI?t3EE. ~nd wie~htonn in~w~na In tfw vw~l sundard policy fonn. in ~ wn? ~pprowd by tM MORTGI1GfE. In wd~ ro~mP+nY a canpMiN a tM MORTGA~iEE may dinet~ and all fl?~ w+d wlndpan~ i~twana policlN on a~y of s+~d butld'rq~, any Mhhst Nrr~in o~ part thK~of. M+ tM pprep~~~~ ~leerNid a In ~xaw ~h~roof, ~MII con~~ln tM uwal stand~rd man9+~ clavw a iudl otlw~ dauw a Mi~ Niorf9+W~ ~++Y ?e~i~w. rn~kMp th~ Iou u+~dN t~id poli~ dw .~cl~ and w~y. wr.W~ a s.id MORIGAGEF a jts lnf~..u may y?p.ar; ~+d ..ch and w.ry weh pa~e~r slall b. pron+pN~r au+~d .nd d.livK.d a ~nY Mtd by uld MORtG11GEE u funhK Nevrity ro saW nwrqsg~ d~W. ~e+d. ~w1 1~ tlwn Nn (104 d~ys in sdraea of th~ ~splr~lion of ~aeh polie~r. w d~ . SNp~ W ~aid NWRiGAGEE a r~w~l 1Mnof. wpNhK witA • rKtipr for tM pr~mium of ~uch r~wit~ and then ~hall b~ no f'u~ a windst«m In~w~u ~N~ad an my o{ Nid butMin~w ~ny im~t ~Mnin or put tirhof. w~kss ln tM ia~n and with tM bat payable a~fo~~s+idi ~nd in tM ~wnt any wa+ ~f mo~Y b~canN piyabl~ vndM wch polk~r o? policiN sak! MORTGAGEE ~hall h~w th~ oprio~ ro~eaiw and ~pply t!?~ ~e on aaovM of ~M b~~b?~d "•~N Mcw~d hK~by or b pNmlt ~afd MORTGAGOItS fo nqiw and vs~ H p~~y part 1Mreoi fa Othe~ pv~po~ei, w~tlqut IhKeb~ waiviny p imp~ir- ~+~+Y ~h. ~i~n a ~iph~ rw~d~~ ar by vir~w of thi~ mortqap~t ~nd h th~ ~va?t ~a~d MORtOAGORS ~MII to. ury naon faq to kNp Hw wid pnnwN ao Inwnd, a faq to d~livw proo~pty any of s~id pol;cira of iryuanq p s~;d N10RiGAGEE, a~ fail pomptly ~o pay fully ~ny p?~nivm tl+K~fw or In ar~ _ n~p~ct tail b Ywlorm, dixhary~, tz~cuq. ~ff~ct. oomplN~. Qomply wi~h and ~bid~ by this covenar?~, or any pan h~raof, said MORiGAGEE may pl~q ~nd wY fa weA Iewuane~ or any pa.t ~hKwf wi~hovt wahiu~ a ~if~etinD +~Y oM~oe. li~n, p~?~ry. or ~ipht w+dK w by vtrrw of rhls AAIlornpap~, and ths .~rll +n+ount of ~sc!? ~nd ~wry aucA paymem ~MII be inwnadirltl~dw and payabb and ~1++11 bear interest irom th~ dat~ th~~of uotil p~id ~t th~ w» of ~ pK c~h~m p~r antwm and Iopether with such i~terest shall be s~cwed by NN (i~n of tAis mo~roapa. 1. To Pa~Nt, oommit a wffK no wa~t~. b+Wirment w detKia~tion of saW propKty w any put tMreof. S. To p~y all ~nd ab~pulr th~ cwn, th~r~ and ~xp«a~~, Inchidinp a~~aso~sbl~ attorrwy'; fes and oo~b of abshscb of tit1~. incwred a ywid st uey iLns b~r s+id MpRTGAGEE, b~tavaa or in th~ ~wnt of 1M failw~ on th~ p~h of tM sald MORTGAGQIt w duly. prompdy ae?d fi?Ily paiwm. ditd+a?q~ ~x~cw~, ~ff~et, oomplet~, eompl~ with ad ~bid~ by ~acfi ~nd evsry tIN stipulaiiab. asi~eeme^q. ca?ditiorn, ~nd eove~nb o/ s~id promlisory not~ and this ^~V+4~ smr w ~itMr. ~nd a~d oosb. ctwy~a a~d ~xpen~es, sach and ~wry, sh+ll ba immed~aaly due and psybt~j wheth~. or na tM.~ be naice dr ~++~d~ ~tlNnpt fo edbel a wh p~ndie~; and tM full arnoum oi ~b a.Ki ~w.~ wct. ~.:~c:.:a: :.`.s:: Yrr. ~••r••• dr da~~ N~arwf until p~3d ~1 tht nu of niM pN pntum p~r arMwm; ~Il siid cosq„ chuy~s and ~iperws intvrred w paid, topNhn with wch intant, shall b~ acv~ed by tM 1'~en of tha ^wrtp~ : - . - 6. Th~t In t1~; w~nt of any bread~ of thit MoHp~ or d~fwtt on tlr p~A of tM MORTGAGQR, or (b) "ln tl?~ ~t ~ny of wid wms of nwn~y henh nfand ro b~ e+ot promptly ~nd iully paid within thirty (30) days n~xt after tM iams seve.atty becoms dw a~d payable, wirhouf demand a no~ice. o~ 1n th~ ~w~q aath and ~wry the itipulatioe?s, +9r~amenb. conditior?s and tovenants of ss~d promissory no?e and ~his matyage any w eithe~ ar~ nW luly. ptompHy w~d fu1N pKform~d, distMr~ed, ~x~cuhd, eff~tted. canpkted, tomplied with and ab~ded Sy. ~Ix~ in either or any sirch event rM taid ap~ Orsp~N twn mMtion~! ~ aid ptomtssory note thsn rema7nlnp unpaid, w;tt~ inrerost ~ccrued, snd all moneys secwed herebY. sMll becom~ dw and psy- ~bk fwthwitl~, or /Mresfta. ~t tAe option of said MORTCaAGEE, ss f~lly ud compl~~ely as if ~11 of the wid suma of mon~y wer~ wgin~lly supulated ro b~ Wid a? svd~ d+y. aMhUg h+ s+~d Pron?~ssorY ea~~ o? in rhb Ma~y+9s ro rM conrrary non~virhars++d~ny; and tFxresrpon or thereafta at the option of said MORiGAGfE, without ootic~ or d~m~nd, wit ~t law or in puity. therefwe or tAareaite~ beyon, may ba prosecuted a if all mon~ys sacund hsreby Aad mitWld plqf to its wn1i1u1io11. 7. Thst i~ ths went tMt at ths begir?ninp of w ~t ~ny tirn~ pe~dng any wit vpon this Mortgage. or to foreclose it, a to ~eform if, or to enfwp PaYenenf of iny d~fms herwr~r, said Al1~RTGAGEE shall apply to the Co~A havin~ jur~sd~ctiori thereof for the ~ppointmcnt of a Receiver, such CwNt ih~ll forthwith ~ppo;nt ~ nceiwr of aaid mwty~ped prop~rty all u~d sHgulu, indvd~ng all and s~ngular the income, profit~. i~sues ~ncJ reveauei irom whateve~ ~a+?q d~rived, tath and ~wry oI whicA, it beiny expraaly w~derslood. is hereby mortgaged s~ if spec~ficalty set fwth ~r+d described in th~ ~rantinp and I+~b«wl~m clavses hereof, and wch Receiva sMtl have aU ths broad and effective fu~ctwns ar?d powcrs in anyvrne e~trusted by a Cou.t to e Receiver, and wd~ appoi~tment sMll b~ m~de by such Cour1 ~a an ~dmitted cquity and a mattd oi sbsotvts riaht ro s~id MORTGA(;f~. .and witiw~t ~eierence 10 1M s~qvacr a kudequ~cy of ths wlw oi the p~opeiry mortg~ped or to the wlvency er ;n~Ivency oi ~aid NIORiG~1GOR q the defendants, and tMt such r~' profits, incpne, isaues and rwenues aha11 be applied by such Receiyer eccord~rg ~o, tM..1im~ or .qui#y of s~id MORTGAGEE ar?d the ptactip of wth a. Io dvl~r. promplly arw! fuUy perform, d'ixh~ry~. execvte, effett, complete, complY witl~ ~nd ~bid~ by sath aqd ~wry ths stipuf~tions, agreements, condtions and wvenu+n in sa~d praniuay note snd thw mo~~pa set for~h. 9. That in ths evsnt t{K ownenhip of the mo~tgsQed prem;ses. or a~y put thereof, becomes vested i~ a person othe? thsn the MORTGAGOR, tl» MORTGAGEE, itt successon aod auiqiu, rnay, m„t}~pit notice to the NIORTGAQR, deat with such suctessp w succeasor in interest with retcr~nce to this mo?t9ge and the debt herebyr secwed in the same mam~er u with Nbrtyagor without in sny wsr ritiatmg a dischargirg the Mortyagas' liability he~s- u~da w upo~n the debr hareby secu.ed. No sale of ths premises he~ebY mo.tyaQqd and ra fabaa.anoe on ths pan of the MORiGAGEE or in svccessors or assiym arrd oo *ata~sion of tlk hme for #r pi~neent of the debt hKeby ~xed qiven by ti+e AhORTGAGEE or its wcuswrs w usisns, shall opera~e ro rtltas~, discF~+r~. .mod'ify .41,un,~ or; aff~ct 1~ ~ipin~l ,1i~6~litp .pf th~ I~IqRTGAC~=i~s&~, ~tithK ~p:wtiole .at iq parL 10. It is sp~eifically a~eed that 1im~ is of; tIN. etsenoe_of thb eo~Mt~cf +ndJh+t tq.~raivrr d er~y obliyation hawnder or of ths obllpation sr Nre~ AMebr fhall~ ~f ~f1y fitf~ tlfl~Nh!? bi hsld io be waivar of. tF~ terros. heieof or of. the instrvmet~t secured herby. . 11. In add;tion to th~'ior~o;ng ~monthly paYr~ems ef pr;.~c'psl sod iriterest requNed ~ by the prom~isoiy note secwed F?erebY, mortg~gor cov~nants and agrees to pay to mortg~gee'eirith ssch momM~rpafymeM an addirional sv~' esfma~ed 6y mbrig~yee io 6e equaT fo 1/12 of the annusl cost of the fotbw- ing: A-All real property taxes kv~ed w assessed against the above dewibed real estate. B-Premiwps ptt fire sod wje~d~lorm i,nx~,ra~ct ~ F~erein requ'ued to be carried o~ the improveme~ts s~tuate on the sbove desuibed premiks. C-Premiumi on wch mortpa~e ywraoty insurance +s mottga~ee shaY fran t:rtre ro time deem fit to- carry on the ioan secu~ hereby. : MwtyiyeE shait from time to time ~ notify mortqsgor i~ wririrp oi, the amovnt dve and payabk hereunda and such wm shsll thereupon be dve ~nd FaY+bb on-tlx dve~ ilife of tbe .r+e:t monthfy psymem and ~xh wccetsive nwnth tAercafter~ urtil mortgsgee s1is1~ ~otify mortgagoi of'a cha~ge in such amamt. Such wms shsll be applied by mortgagee towird the p+yment of real property taxes, insurance prem:ums, and rtwrtgage gvaranty inwrar~ce premiums. IN WIINESS WHEitEOf;.the said MORTGAGOR has hereunto set his hand and sesl the day a year first sforesaid. Sipn~l, Swled and delivKed in tht pre~aece of: ~ ~ ndrew : BaunkQ ~ i ` ~ ~ Kath ' ~1` . ' ,q , i ~ ~-q~----_.(Se ~ STATE Cf fIORIDA `~j'~~y ' J y~Q~~~~f ~ ` pp St ~C ~A ~ 5S' ' ~h ~ `c 7 ~ ar~~~ i COUNTY • ~ •y• ~ •r t 1lndrer J Hau~toer Jr - = ~ °3 : ~ 6~fon m~ perw~slly app~s~ed - • • .'.,-~__.~.....r._ and k ~8~@!'~lfA g. Bat~sicer his wife, to p `A.~ •"c+.. r : ¢ rM Md"nidwb described in W+d wFa executed the fweyoirg uutrum~nt, and xknowtedged before me that rM~s~iu~Ir~~`~~I~t ~~PwPoses ??kreir, .,~p.a...d. nna ~1+e ss 1Cat.her3tse B. Hav~lo0r 4~c' . f ~ „,~~e Andrsy J. Hau~eleer Jr. ~ ~ ~ . • ~ ~ separats and privat~ f examin~tqn by me taken scparate ~nd ~p~rt from her s~id Iwtbsnd, acknowledged to snd before me tF?at she executed sa ii~ymaef freely ~nd vot~M ~ arity and without any compvlsion, oortstrairtt ion, or fear of w fran her si nd. ; WITNESS rriy land and official seal thi - d~y o{ ~~111$1"~ A. D. 19 77 F t ~ wary P~b in and iw the State of florida ~t larps ; . My ~xpirp; F Return To: First Fader~l Savirgt 6 lox~ /lssociation . Of Fort P~erce. ~ p11~[. ~tit! 0~ A~ oI j~ folt Pietce. Flwida ~ (pp1i1SS~01~ ExP~f ~~~y ~ weaa•r F~+ ~ C~r+Mn ~"~'w 35'~91~ ~ This Instrument Prepared By g, ~bpg - • ~ First Federal Savings b Loan Association ~ . of Fort Pierce ~ F1o~id8 ;iL~~yI~~U~ p~~ j ! Checked By Q AK p ~01 RAf l'A. I ' ' ~ . ' ' REC~01r~Atf~ ~ C~W1RT ~ I . ~E~ ~r s ~9~~ ~1 ~ 2~',~ ~ + .