HomeMy WebLinkAbout0258 To pl~c~ •nd co~t~nuoutty kecp on ~he bv~'d~ngs now or hera~(r~i ~iewt~ on sa~d I~nd +nd on ~U equlpmenf ar+d pasonally cov~r~d by this mp~Q
p~, w~th ~II premwmt ~hercon pa~d ~n iu~l, I~ra inwrar,~~ ,n th~ u~wl sundud po~ky fam, in ••um •pproved by ~M MORfGAGEE, and wind~to~m
in~ur~nt~ in 1M utwl st~nciard ppLCy fw~n, ie? • tum ~pp~ovod by IM MORTGAGEE, in ~uch cdnpaoy o~ tompaniet a~ eM MORTGAGFE m~y
direte; a~d all iin and w~rxluo~m insur~nct po4cia~ on any o( u~d build.nps. ~ny Intae~l ~herein o~ pa~~ tMr~ol. in IM apyrey~te wm afat~aid a
In ~xce» ihereoi. ~MII conrain ~M usual f~anda~d mort9afle~ cl~us~ ar such o~h~r clao~ ~M Morryag~s m~y ~equu~. m~ki~q tM toti~ under ~a~d po1i. -
uN. ~~ch and wery. Payabl~ fo u~d MOR(GAGEf ai ~ts interott may app~a~. ~~d e~cA ~nd every tuch poi~cy sh~ll ba promp~iy •i~ qned and d~iivertd ~o
+nY hsid by wid MORIGAGEE ~f (u~~her security to said mal9agt debl, and, nof 1~» ~Mn tan (10) days ~d+ance of the •xpiration of e+ch pol~cy, ~o d~- ~
I~vH ro said MORTGAGEE s r~ne v~l ~he~eof, togethsr w~ih a ~ett~pt fw the pr~mivm ot wch renewel; •r~d Ihar~ ihall b~ no firs w w:~ds+o~m in~uranc~
pl~ced en any of ~aid buJdinyi, any inten~t thae~n a p+rt thereol, unlew in the form and w~th th~ loss p~yabt~ a~ •(o«~~id; ~nd in tM •vent ~ny sum
of mon~y becomei payable unde. such policy a polaie~ te~d MORTGAGEE ~hall have iF» optw~ ~o recrive and apply ~he fame on accoum of the indebrad~
ness setur«? I~reby u M ptrmit ss~d MC?RIGAGORS to ~ecervc and uss it pi uny part thtreoi fur ornrr p~rpases, v~;~hou~ ~har~u~ wa~~in~ or ~~~tpa~r•
ing any eqv~ty, INn or righf w+de~ a by virtue oi thi~ morrgaqe: and i~ t}u ~vem ~a~d MORTGAGORS shalt iw ~ny r~awn tatl to ke~p ~M iaid pr~eniu~ w
insured, q fail to ds~iver promptly any o( said polKies of initirant~ fo said MORiGAGEE, w fa~t proa~prly to pay fu!!y any pre+»ium fhcrefor w in any
respect bil to patam, d~scM.9e, a~ecure, eflecl, comptate, comply with and ~b~d~ by th~~ tovensM, a any par~ heraof, ~a~d MORTGAGEE may pi~ce ar~d
pay fw tuth inwranc~ a any parl thereol w~thout waivinp p a}fKtinq any option, li~n, tqwty. w riyht unda a by vi~tu~ ot this Mwtqay~. •nd tM
fu!i amounr of eath a~d •rtry iuth peymant +hal! b~ immedia»ly dw ~nd p~yabb ~nd sh~ll bsar intae~t from ~M dat~ ~hercof until p~id al tM raN ol
~irk p~r cer~tum p~r snnum and togrther w~th such intercat shaii be sec~red by tM li~n of thi~ mptp~e.
1. To pKmi~, oommi~ a~uffcr no wa~te, fmpairmenl p deterior~tion of sa~d property p ~ny parl thereoi.
S. To p~Y ~II and ~ingul+~ the cos?s, tMrgrs and eapenxs, including a reawnsble ananey's fee and costt o( abstract~ of t~tle, incvrred w pa;d at
eny time by aid MORiGAGfE, bccause or in the evtnt of the fa;lurs o~ the parl of ~he s~id MORTGAGOR to du~y, prdnptly •nd fvlly perlam, d~uherg~.
eaaute, ~Ifect, complcts, comply w~th and ~b:de by each •~+d every the stipv~a~~ona, ~greements, conditiom, snd coven~nts ot ia~d promisso~y no~e ~nd ~hi~
mo+~y+pe any or e~iher, ~nd ~a~d cos~?, charge~ a~d cipe~ses, each and every, shail b~ immed~a~ely due end p~yabte; whe~her or no~ there ~e no~ice de
mand, attempt ro cotkct o~ iuit pend,ng; ~nd ~he fult amo~o~ of each a~,d every such paymero ~hall bea~ interest lrom ~ha date thereof vntil psid the
ra~e of n~ne per centum prr an~wm; anc; dl said cosis, charge~ and expenses ~ncurred q paid, together w~th wch inreres~, iha0 be ~ecurad by ths iien oi lhi~
mqtq~e.
6. That (s) in the evtnt of any breach of this Mo~tgage w detaul~ on the psrt of ~he MORTGAGOR, a(b) in tM ~venl ~ny of u~d ~urt+s of monsy
F.ercin refarred ro b~ not p?anptly and }ully paid withm ~hnly (30; days ncxt af~er the ssme severalty become due ~nd payabl~, withouf demand w notite,
or (cj in the even! euh and evcry t1u s~%putstions, agreemenes, co~d~tions and covenant~ of sa.d promiswry note and ~h~s mortgage any w eithe~ are aW
iuly, ixomptly and fully pertormed, d.s:ha~ged, exccutsd, eifecred. canpleted, compi;ed wi~h and ah~ded 5y, tFKn in e~thcr w any iuch ev~nf ~he sa~d ag
gregate wm m~ntioned in a~~d p~omipory nore then remai~ing unpeid. with ine~.es? aarued, and all moneys ucu.ed hereby. shall become dw and pay-
ablc forthwith, or therea.'ter, at the opt~on of se~d Mt~RTGAGEE, as lo11y ard comp~etely as il •tt of ~he sa]d sums of money were o~~g;rully t~~puiaud
ro be psid en tuch day, a~ything in se,d prom~sswy rare w in fhis Mor~yage to the cororary not.vi~hstanding; and ~hereupon or thereafrer at the op?~on of
said NIaRTGAGEE, withOul notece o~ demand, suit a1 law a in equuy, the~efwe p thereaher begun, may be prosecutcd as if all mooeys setured hereby
hed marurtd prwr to its irytitWron.
7. TMt in the evenf that at the inn~ of or at an time ~
~9 ^9 Y P~^d~n9 any su~t upon rhis Mo•tgage, w to faeclose it, or to refwm it, or fo enfurc~
PdY~~f Of any claim~ Aer~~nde~, said MORTGAGEE shall apply to the Cou~t hav~nq ~unsd:a+on ~herco! for fhe appoantment of a Reteiver, sucF~ Courf sha1E
Forthwith appoint a receiver oi said mo~tgaQed prope~ty all and singulsr, inc:ud,ng ail and sirr~ular the intome, pro}ds, istues and revenue~ }rom whatever
wu~ce dKived, each •nd svery o1 wh,ch, ~f bc~ng express+y undersrood, ~s hereby mo~~gaged af if spcufiulSy sef forth and desuibed in the yrsm;~g and
habe~dum clause~ her~ol, and such Recti~er shall have s11 the b~oad ar,d effKt~ve funcr~ans and powers in anywise entrusted by • Cou~1 to a Receiver, and
•~cA appoietment shal! be macle by such Court as sn admi~~ed equ;ty and a matter of absolute nght to seid MORTGAGEE, a~d withouf re(erence ro the
edequaty a insdeqvacy of thp vatue oi the property mw~gaged w to ~he so,~ency or ~~so:.ency of said MflRTGAGOR a the detendants, and thal such '
re~rs, proF~ts, income, issues ~nd reve~ues shsll be app;~ed by such Receiver accord~„g to the lien or equ~ty of said MORiGAGEE and ~he practice of such
Court.
i
8. To dvly, promprly and fulty perfwm, d;scharqe, erccvfe, effect, complete, complK with and ~bids by esth ~nd every the stipuiations, ag~eertxnts, t
conditions a~d covenants in sa~d pramisswy note and ib~s mortgage set forM.
9. That i~ the even~ the ownership of the mortgaged prem~ses, or aay parl thcreof, ~o.nes vested in a penon other than the MORiGAGOR, 1he
N ORTGAGEf, its successws and ass~grs, may, without rtorrce fo the MORTGAOR, deal w;tb such wccessor w successor in interes~ wi~h refererxe to this
~r.o•rgaye and the dcut hereby secured in the same mannrr as w~~h /Mo~tgago. w~Ihou~ in any wsy vit~ating a d~xharg~r~g the Mortgagors' Ii~bility here-
;,rder a upon the debt hereby secured. No saie of Ihe pren,~ses hereby mwlgaged ~nd na for~era~ux on the part of the MORTGAGEE p ir~ succe~son ;
er aaiig~s and no extcns~on of the time for the paymenf of the debt hereb~ secured yiven by the MORiGAGfE or its successors or ~uiyns, shall operate -
ro release, d~xharQe, modify change or affect the or~gmal liab~t~ty of. the MORTGAGOR herei~, ei~her in whole or in parl.
10. If is specifiutly agrccd ~hat time is of the essence oi this contract and that no w~iver of a~y obtigauon hereunder a of fhe obligatioo so-
c~red hereby shiN at •nY time thereafter be held to be a waiYer of the ~erms hercof w of ~he instrumem aecured herby.
11. In add~tfo~ to the ~orego ng momhly paymen~s of princ pal and interest required by the p~om.ssory rto!e secured hereby, mortgagor covenams
a~d agrees ro pay to mortgagee v~ith each monrh~y payrntnt an add~rional sum esr;maud by mortgagee ~o be equai ~o t/ 12 of the annual cost of Ihe fot(ow-
~.-g:
A-All rea~ property taa,s levied or aa»ued ag~~~st ~he ebave descriycd resl estate.
B-Prem~~ms o~ fae and w~nduo*m msurar~e as her~~n reqv:red to be ca~ried cn the ~mproveme~ts situate on the above described premises.
C-Prcmiums o~ such mwtg~ge guaranty ir,su~ar:ce as mortgagee shall from t:mc to t~me deem fit tp carry on the Ipan secured heteby.
Mwtga~ee shail irom tfr:e to t,me ncnfr mo.rgagor tn .rrr;nng of the a.r:oum dve and payable he?eunder snd such surn ahalt tMereupon be due and
;+vable on the due aare of fhe next month!y pay-nent and each successive mo~th thereafe~r ur.tit mortgagee sha11 nptify mortgagor of a change in such
-_~~o~nt. h sums sha!I be apptied by mo.tgagee ~owa~d tne payment of real properfy tases, insurance prem.~ms, and mw~gage guaraoty insurance
p~emiu
lITNESS ' HE OF h a~d MORTGAGOR has hereunto set h~s hand arx! seal the day and y~ fint aforesaid.
red i e p~esence o(:
T -
•n
- ~ Harold F. Reard ~~~n
~
- _=-_Y~.,.,DV~ ~ ~e~_ . ~ ~r• '~..ze- •0
•..:~'1 _ ' - t~ ~andra B. Beard. also known
- (Seaq
as Sandra Beasley
5 ~ ATE OP FLORIDA ~ . .
~OUNTY Of _ ~t- •L i P,_ ~ ~ ~
Before me personally appeared : iaro? d F L~ :~,C,-,.•'~~~~~' ~
, Sandra B. Besrd, a 1 s~~
kw ~w~ ~as ~ ~di~e ~o ~
the individuals described in and who executed the faegoing insvument, and acknowledged befwe me thst thiy.,~ ed iha wrrw 1os ftit-purposes
!herein eapressed. Md the said Sandra B. R@82'flf a150 known a5 S?ndra _-~~~?~ley -
~,~r~ or ih~ ..~a HaroZd F. Beard =,rpon ..:m+~» ss~d P?c~.t.
e.aminatioo by me taken separate and apart from her said busband, ackrrowledged ro and before me that she eae~uhd.8~id initrument~lj~ytie~d ~vpluir
rar~ly and w;thout any compuision, constraint, apprehens~ ~or lea~ of or (iom hersaid husband. •o ' s• ~
WITNESS my hand and offit;el ual thia_ f' j~~~~~~~•^_~ 77
/ _ day of i~BI'Ctl 'F, . i~ V D. 191_1____
, ,
~ % ~ ' ,
\ ~ ~ r } ` ~ _ 4 " t ~ i ~ f ' "
Notary Public in`and for the St~te of fbrids •1 larye
Rerum To: MY Comm~ssion expircs:
First Fedenl Savings 8 Loan Associat.on
Of Fort P.erce. ~ : _ r,U
Fort P~erce. florida , . - ' ~ 0
~`l
- . ~ ~
. ~
This Instrument Prepared By P,.ichard h. Kayes ~ • .
First Federal Savings & loan Association
of Fort Pierce, Florida. F11E0 AM~ RE~~'~EQ ~
gT ROCER POI1RA5l~
+ qt
Checked By ~~EaK C~~~UIT COJ• C
RECC?k0 YER1fIE0
M, p i I 3 z~ PN'~~ ~ 26'5 r~~ 2~ -
. . ; _