HomeMy WebLinkAbout0289 To pteca ~nd conttnv~ts~y leep on fi.e b..~'d~~,gs now w fiereafisr ~~~wt~ on ~a~d i~nd ~~d on al1 equipmenl ~ntl ptqon~tly covatd by fh~s ma~p~
p~, with all prem~um~ therco~ p~ d~n lull, 6ro inf~r~nfe ~n ~he u~wl stande~J pol~~y lo~m, in ~ wm •pp~o.ed by tM MURIGAGEE. •nd wi~d~~um
in~waoc~ in 11+s uswl ~f~Miard po~,cy larn, in a surn approved by ~M MORIGAGEE, in sucA canpany or co~++p~m~s as tM MOR1GAGfE m~y
dirtcfj ~nd aU (i~• ~nd w~nJaform ~ns~r~nce pol~cros on ~ny oF ioid b~~ld,~+qs. any fn~ue~t th~~ein o: put tl+treol, io tlw ~qp~ey~N sum ~fa~~aK! a
In ~xcaf Ihe.eol, fhsll coneafr~ rhe uwal strnda~d margagee ct~~se or such aher cl~uw ~f ~he Ma~y~9ee may rsqu,r~. makinp ~M 10~~ unda s~~d pdF .
ciy, each snd evuY. p+Yab!e to sa+d 6tORiGAGEE as ~ts ime~r~~ may appear, and each and every such pobcy tha11 b~ promp~ty aa yncd a~d dNlrared ~o
•ny hsW by s~~d MORTGAGEf af Iu~tAe~ secu~~~V ~o feid mortgaqe dtbt, and, ~+01 lets ~h~n te~ (101 d~~t in ad~anc~ 01 ~hQ •:pir~t~a? ot ~ach pohcy. ~o d~
GvN ~0 lsid MOR1GAGtE •~enewal thereof, toya~her wah •~cce~pl la 1Ae pram~um ol futh ~e~u+r+~: snd ~hen fh~ll be no 7~rs o~ winds~orm inwrance
pl~c~d on any ol s~~d b~~ld~n9i. any imere~~ the~em u pa~t therrof, unle?i in ~M form •nd w~th tM lo~a p~yable aa ~(ore~ud: u+d in tM sYsM ~~y suT
ol rtwnay becomes p~yab~e ~ndc~ wch policy or pol~c:es se~d MORTGAGEF shel{ hav~ Iho ophon to ~ecr~ve end •pply tha w~.» a+ ~ccoum ol ~he indeb~ed~
ne~~ favred hcreby O/ f0 permit fa~d MOQIGAGORS to receive and uf! it pt •ny pa~t tl~rtoi 1or otncr ~.ur~ Onrs. ~v~thput th~•. n/ wor.~ ~7 G~ nnpeu•
inp any equ~ry, If~n a ~~qh~ ur+der w by virwe o~ ~h~s mo-tgs9e; u+d in ths eve~~ sa-d M~RTGAGORS sh~fi tor any r~~son f~il to ke~p ~+~d Wtm~~es so
~nw~ed, w 1~~1 to deliv~~ promp~ty any o~ sald poi,ues af m~u~anc~ ~o sa~d MORIGAGEE, o~ (eJ prompely to pay io;ly •ny prem~um therefa o~ in ~~Y `
rs~pect fail ro perform, d~~charge, eaewte. efleu, ca~~p~e~e, co+nply w~~h and ab~de by rh~~ cove~+nt, w+nY Par~ hercof, s~~d MGRiGAGCE maY P~~~e +"d
pay fa •uch 'uuuranc~ or •ny p~r~ ~horcoi w~+hout wa~ving a allect~nq any optan, lien. ~qv~ry, or rghr undsr a by v~rtw of ih~s Matqape, ~nd tM
full ~mo~nt of e~ch artd every wch peymenl shall be immcda~ely d~ ~nd payabte +nd shail bcar iMe~est I~om iM da~e ~fisreoi until pa~d ~l tM ral~ ot
n~ne per cemum per annum end to~r~her with tuth .nteret~ shei~ be s Kured by tM t~e~ ol Ihif matgage,
1. To pe~mit, commit a sutier no wa~t~, impairment p deter:or~tion o~ taid proparty or ~~y part ther~of.
5. Ta pay att and ungul~r the co~t~, cMrges and expenscs, inc~udlny e~easor+abte a~raney's (ee ~~d costs of sbsr.ads of ti~le, incv~~ed w p+;d +t
eny lime by sa~d MORTGAGfE, becavse a in the eveM of the (a~lu~e on 1he pa~t of the iaid MORTGAGOR to duly, prompdy ~nd tu41y psrfp~m, d~scMrqt.
e,ecuts. effec~. complete. comply w~th and ab:de by each •nd every the s+~pvlauons, agrcemenn. cond~t~ons. ~~+d cownants o( sa~d prom:swry ewh u~d thu
mw~yaQs any or e~~her, a,~d u~d cous, charyes and e~penxs, cach and every, shalf tN immed~ately dve a+d parAb1e: r+~the~ w not the~• be nohce ds
mend, attempt to collett o~ wit pend~~g; and the full amoont ol eath and every tuth paymrM ~heli beu interefl lrpm the da?e thereof un~il psid •1 the
r.,te of n„~e per cemum prr am~um; a+~d all sa~d cou~, cAsrges anJ expenses ~nturred o~ paid, togrther w;th s~ch interefl, sM~l b~ tKured by the hen oi thif
mort~sy~. _
6. That in the ~vent o( any breath o! thi~ Mortgage o~ default on the pa~t of the MORTGI?GOR, w(b~ in ths ~veM sny ol se:d f~m~ of money
he~ein referred to be not promptly and tuUy paid w~rh~n ~h,rty (3D; d~ys nea~ aiter tha se~ne screra,ty oeca»e due •nd paYebfe• w~~hou~ dem~nd o~ f10fKf.
or (cj in the event each and every ~he stipu:at~o.~s, a3~eemems, cond~t~o~~s and covenanta ,of sa.J proTiswry note and th~s mortgage ~ny w e~~he* +?e rw1
iuty, p~omptly ar+d fvlfy performed, d.schargrd, r;ec~red, eftec+ed, co~-+pleted, comp~~ed w~rh a~d ab~ded 5y, then in e~ther a any such evero the a~~d ag
greg~ts sum mendoned i~ sa~d pra,~issoey note ehen remaining v~pa~d, w+th inieresi acc:ued, and atl moneys set~rcd hereby, ~h~ll become du~ and p+y-
eble forthwith. or thereaher, at the op~~o~ of so~d_b~ORTGAGEE, as f~Hy srd complc~e~y as if aIt of ~he se+d sums o~ money were ong~nally thpu~ated
to be pa:d on such d.:y, anytfiirx,~ in sa d prom~ssory note or m ~his Mw~gaye to the coo~~+ry ~or«~rhs~a~d~ng; and thereupon o~ thereafter at the op~~on of
sa:d MORlGAGEE, w~thous no~~ce or demend, suit at law w in equ~ty, therefore w Yr~ereafter begun, may be proxcuted ~s if ~fl moneys setu~ed hreby
~od metured pnw to es ins~~t~t~on.
J. Tha~ ie tfie event ~har af the beginn6ng oi or a~ any s:me pending any sv~t upon ~hi~ Mo~?gege, o~ to ~weclose if, or lo rofo~m it, or to en(orce
payment of any ciaims herevnder, sa~d MORTGAGEE shalt apply to the Covn hev[~~g !u«sd:«io~ thcr~ot !or thr appemtment oS s Receiver, svch Ccvrt shali
lorrhwith sppoint e reteiver o( seid mwtgaged propcrty all and s~ngul+r, indud ng all and a~~~g~~ar the income, profi», ~ssues ~.d rerenue• from whatever
sou+ca der~ved. each snd every of wh,ch, 1t be~ng expressty unders~ood, is herrb~ morrgeged as if sprc.ficalty sel io.th ar~ deacribed io the y~aNiog and
!~abendum Nauses hcreof, and such Recewe? shati have ail ihe b~oad and effecrive (unu:cns a~d powers in •nywne ent~usted by a Cou+? to • Receiver, and
z~ch appointmeM afia11 be made by wch Cou.1 as an adm~~trd eq~ity and a maue? oi absatute n9M ro sa~d MORTGAGEE, a~d withoul reference ro the
edequyq w inadeqwcy of the velue of the p~operry mor~gagcd or to the s~:vency o~ ~~aolventy o( said MORiGAGOR w tfie defeod~nt~, ~nd that such
re~ts, profita, incorne, issues and revenues sha~l be +ppl~ed by such Rete~ver aa~rd~ng ~o the Gen or equity of taid MORTGAGEE and the p+auice o( such
Courf.
8. io du1y, promptty and fuUy perlorm, d~scharge, excwte, ef(ect, comp:e~e, comply with snd abide by each and every the stiputations, agreemcMts.
cond'A'ans and covenants sa~d promisswy note and tn~s mortgage set forth.
9. That in Ihe event the owne~ship of the morfgr.ged prcm~ses, or any psrt thc.eoi, becomes vested i~ e per~n other tha~ the MORTGAGOR, the
4"ORTGAGEE, its successors and ass~gns, may, w:~hou~ ~o~~ce to the h10RTGApR, deai w~ih such successo~ or succe~so~ in infe~est with reterence fo thi~ ~
: n,c~~gage and the debi Re~eDy secwed m the same manner as w~th Mo~tgago~ wnhout in ~ny way vit~atiny w dschufl~ng. the Nlwfqagori liabiiity herr . ~
u«der or upon the d-b~ hereby xcured. No sale of the premtses hrreby mortgaged ard no (orbesran~e o~ the pa~~ ol the MORTGAGEE w its wueasws
! or ass~g~s and no care~s~on ot rhe hme for the payment of the debt here6~ secured piven by the MORTGAGEE or its successors or autgns, sl•.alt operats
j ro re~tise, d,scharge, modify cha~ge or afftct the ong,naf fiab~i~ty of the MORTGAGOR herein, either in whole w in part.
I i0. !t is spec:ficaliy agreed thar ?ime is o~ ~he cssence of th~s cOnrract ~nd thst no waiver of any obt:gation hereunder w of the obli9ation ft
cured hereby shali at any time theruf~er be he:d to 6e a wsiver of the terma hereot o~ of the i~at~umeM secur~d herby. -
I I. In add r:o~~ +o the ~orego:n9 month!v payrnenrs of pr;nCpe! and ia~erea~ req~~rrd by ~he prom~swry no~e secvred hereb~, mo~tgagw covenanta
a~~d agrees to , ay ro mortga~ec r.~th rech noontn?y pa,~ e~u an ad3~~~ona1 sum ess•~~ a~ed b/ moregegee to be rquai to l;'11 ot the annual cost of the follodv-
~ny: .
3
A-AU real property t~~ces lev.ed or assessc~i oga:•:st thc above desc.~bcd real cstate. ~
Y.
B--Prorn~u~ns on t~re and windsto~m ~nsurar.~c as nerc~n rcqu~r~d to be carned on the +mprovcmeats s:t~a?e on thc above dcscribed ?remists.
C-Prernlums on wch mortgage guaranty ir.svra~.ce as mo~tgagee shail from t•me to time drem fit ta carry ore the loan se[u~ed hereby. -
Ido~tgagee sha'f frcm ?me ro t~~ noni; mere~;ago~ ~n w.it~ng of the a~rount d~e and payable hereundrr and such wm shall ~hereupon be due and
:.+~abte o~ the due date of the neat month:y pay~:ent and each wccessive month• the+eal~^r untit mortgagee shall rtotify mortgaga of a change in such
e-~ovM. Such wms sha:i be app',ied by morrg~gee Io+va•d the paym.ent of real prop~rty ta,ces, inwra~ce prem.ums, a~~d mortgage g eranty insuron<e
p•emiums. -
iN Y~ITNE55 `1YHfREOF, rhe sa~d MORTGAGOR has hereunto set his hand and seal the day and yea~~f?st a(ores~id. /
Sigr+ed, Sealed and delivered in the prese~ce of:
f1Lf0 AKU RECOt~0E0 ~ G
ST. WCIE COUMTY PIA. ~ 'n
- - ROGEr~ Pa1TRA5 ~
CtERK~CtFtGU11 COURT • Sean
~ _ RE~ORO YERIFIEO / eanne A. ~rner t~~~
~ S~ATE Of FLORIDA M~ ,I~ 9 v3 ~N'~~
~ ti~uvlr oF St. LuCie _ ~ ~ ~001?7
' Before me perso~ally appeared JoseQh D. Turner
I Jeanne P?. 'IUrner . h,s W;?~, to me well known ar.d known to me to b~
~ the ind~vidusfs desuibed in and who execured the foregoin9 i~st~ument, ~nd ~cknowledged before me tfiet they executed the same fw the purposes
~ therein expresud. And rhe ,,,d _ Jeanne A. ~rner _
E h~fe of the said _ JOS@ .~Yl D Turner vpor+ a separ~te ~nd priwt~
~ examinition by me taken xparate and apa~t from her u~d hvsba.+d, ~cknowledged to and be~ore me tFwt she executed said insnurt+ent freely and volun-
rar;iy and w~thout any compulsan, cons~raint, appraherss~a+,,pr fear o( ar 4~wn fier said ku ba , _ p I .'7
t.J~.,_ ! LZi~i(.~1C.~
WITNESS my hand snd olfiual seel th~s_ _ _ day o( A D. 19
' Nota~y Pubi; n for the State of Fbrida +t larpe
My Commis expirei~~ S~~e of F~orid~ oS lnm~
Return To: ~y Gommisseon Ezp'r:y J~:y i2. :9i7
Firit Fede~al Savings 6 Loan Associat:on
Of Fon P erce. bnd~d by Arnericw~ fire b Cs~sw~~/ Gv.
fo~t Pie~te, F1or~da ~ ~ 7, ~
This Instrument Prepared By J. Hal RObertS, Jr. ~
First Federal Savings & Loa~ Association , '
of Fort Pierce , Florida ~ ' ~ -
Checked By _ F:`- ,i,E - ~ _ _ :
~~5 F!
.
c .
' •
~ sh ~