HomeMy WebLinkAbout0435 ~
J. To pl~c~ •nd con~iouously l•ep on ~M bv~~d~~ys now a ha~alt~r u~wr~ oo ~~id I~nd ~nd on a11 equlpm~nt ~nd pNWnslly covtred by thi~ mwro-
p~. wi~h ~II p?~miums ~hercon pa~d ~n full. I~re inwr~nce th~ u~wl ~aodard policY fam. io a sum ~pqov~d bY IM M4RiGAGEE. ~~d wied~tam
io~u~~oc~ tn ~M wwt ~r~nda~d poLc~ fam, i~ • sum app~o.ed b~ tM MOR1W?GEE. tn ~uch company o~ comp+n~n a ~M NWRiGAGEE m+y
. dicac~s W?d ~U tir~ ~nd wuxis+o~m ~nsuranc~ pof~c~~ on a++y of ~aid bultd~npti ~ny inr~r~ti~ ~h~r~in w p~rt ~1+awf, lf~ tIM ~~ey~f~ Wm ~Ip~Hid OI
r- In tac~ss ~h~rwf, ~Mll coni~in IM ufwl ~ta~~dud ma+ysy~~ d~v~~ w sueh o~F~ clav~ n ~M Matpe9N m~y rp~u~. m~kiap IM loi~ undM s~~d poli
• Cw~. ~acA ~nd ~very. par~Dl~ to s~~d MORTGAGEE ~t~ i~uerea rrNy app~a~. ~nd e+ch ~nd •vey ~uch po~;cy ~haU b. aanpNy •u.pn.d ~nd d~liv~red ~o
"~ny Mid by s~~d MURIC:AGtE ~s furtAer ~etu~~ty fo f~~d mwtqay~ deb~, ~r+d, no~ I~s~ ~h~n t~n pQl days ie. ~dvanc~ of tM ~apu~tia+ oi ~Kh P01Ky. to dr
IivM ~o ~~id MORTGAGEE • renew~l thsrwf, Io~~Mr with • r~c•~p~ to. ~M p~m~v~n of ~uch r~n~w~l; ~nd ~F?er~ sMll b~ no I~r~ a wind»am j~~uranc~
. plK~d oe ~ny ol s~~d buiida+g+. any intsr~st tMr~N+ or Wrt ~M~wf. unf~» ie tM iain and wlih 1M lou p~Yabt~ ~f •fa~faidr +~d 1n tM ~v~nt ~ny ~um
of mon~y becpne~ p~yabie unJa such policy a poIKM~ s~id MORTGAGEE ~MII Mw ~he op~~on ro r~ca~w ~nd ~pply ~M s~m~ on ~ccoum of ~M 1ndr6ted-
Mts ucur~d i?e~tby a 1o p~rm~t sa~d MORiGAGORS to receiw u+d uw it a•ny p~rt ~he~eo~ ~u o?!xr pu~posc~, wi~twut ~hareo~ ws~~i~~y a~~~p+i~•
lrp N,y pu~ry, Icen a.qh~ vnde~ or by virtw of thi~ mOtfOp~t and in tM ~v~m ~a~d MORIGAGORS tMll (or ~ey ~tawn (ail 1o kssp ths a~id p~~mises w
inwred. o? f~ll b d~liwr pompfly My of Hid pol~ties OI inwr~~t~ t0 N~d MORi(;/~GEE, or (ail promplly ro p.y f~~ly •ny p~•m~„m d+er•fw a In ~nY
r~~pet~ f~il b pNfwrry d~xM.g~. fiKUtf. d~~ct. caap~~~e. comp~Y with and ~b~d~ by riws cov~n+m, a~ny pan henof, u~d MORiGAGEE may p1~t~ ~~d
` pay fa ~uch fnwsanc* w~r+y psr~ ~h~reof w~e!?o~:t w~ivinp w stfec~i~p a~y op~ion, li~n. pv~W, w riqM v~. a by vi~tw of tFu~ Ma~qp~. ~~?d tM
lutt ~move~ o~ Ncl~ and •vay wch p.~m.m shatt bs inrnedi~reiy dw •nd p+yabb ~nd ~?+dl bcar int~re~t Iran tM d~r~ thcreo( u~iil paid tM raq oi
mn~ p~r ca?~um p~r annum ~nd togethe+ wirh such inie~au sMll t» srcwed by d» li~n o} ~his rnortp~ye.
1. To pNmit, ~p*vn11 w tu(?er no wait~. imp~i~menl or deter~orstion of s~id proptrty w My p+rt Ihereof.
S. To p~y •11 ~od sinpulu tM cosr~, charpet a~d ~:p~nsei, includ~n9 a r~asonabl~ attan~y i tee and co~t~ of abs~racts of titl~, incurrtd w psid ~t
~ny time by a+~d MIORiGAGEf. becwss a~n t4+s ~ve~t of tM failuro on tM pa~~ of sa'id MORIGAGOR to duly. promDtly •~d f~uy per~orm, d~~cM~9R
e¦ecuts. elfect. co~+ptae. comply w~th a.~d ab:de by txh ~nd every Ilk stipul~uom. p.eeme.++s. cond~ti«u, and cover+ann of ~~d promissory not~ and ~h~~
mor~pa~e any a e~~he~. and N~d co~n. cM~ges a~+d ~spenses, e~ch ~nd ~verY. sMll b~ crm*~cdukty d~,e ~nd pay~blr, whether p not ther~ b~ nof~ce de
m~nd. ereempt ro colkct or suit pend~r~; and the full amount of esth and every auch payment _~MU be~u inttt~sl lrom tM d+N tF+~reo~ umi{ paid a1 t1~s
rarr of nine per ccntum per an~w~n; and a11 s~~d wst~, cMrges ~nd expenxs incvrred w paid, logether w~th such inlero~~, aMll b~ atcured by th~ Iwo of thia
mortqas~.
a. TMt I~ the avent oi any breach of this Mw~Q+9t w defaul~ on tFe peit of ~k~e MORTGAGOR, a(b) i~ tM ~vent ~ny of u~d sums of rraney
herein r~te~r~d to b~ nol prwnprly ~~d lully paid within thirty (3pl days nexl attr the ssrrw atverafly bacome dus ~nd pay~bie. withovt d~m~od O? notit~.
~..i o.wy ii.s •n~su:~~w~~s~ ~y~a~nsttti. Conp~iqnf An0 COVM~nIf Of f0:tl FtIOT1fSOfy f10f~ 1~ tAif 1IWf19i9~ N1~1 p f11~1N a/! f101
~~ly. p~omp~ty ~rud Iu11y perfwmed. J.scharqed. execut~d. etfec~~d, compteted, compi~ed wi~h ~~d ab~ded 5y. then in e~~ha w~any ~uch ~vMt tF» sud a¢
pregat~ wm menrw~ed in s~~d prom~sio~y noro then rema~ninp unp~~d. w~th i~rer~s~ accrved. and all moneys secvr~d he~ebY. ~hall becoms dw and pay-
sb~e (a~hwith, p thereatter, at th~ opr~o~ of ~sid MORiGAGEf, ~s tully ~nd canpletely p i! all of the wid wms of mpn~y wert pip~nsNy stiputated
r~ be pa~d on sucA day. a~ythin~ in ss.d p,om~sswy nore w in thia Morlyaye ro tlre co~~~.ary notwi~hsundir?p; ~nd thetwpon o~ lhere~ftN a~ ~M opiion o(
u~d MORTGAGEE. w~thout no~Ke or demand. w;~ d law w in equ~~y, the~efore or therc~fter bay~n, may be prose~wted ~s iF all ma~eys secur~d F~eby
~ad matured pr~a ~o ~h instifutan.
7. Thar in the evenr ~M~ •r rhe beg~nn~ng oi w at any ffine pendfnq any iu~t upon this Matpays, o? to foreclou it, a to re(orm t~, w to enfo.u
payment ol ~ny d~ims he~eundxr, seid MORTGAG:E shafi appfy to the Cou~t havinp jw~sdKfion the~eof fw IM ~ppo7ntmtnt of ~ Rsc~ivet, suth Co~+~1 ahall
for~hvrirh appoiM a receiver of uid mwtgaged property ~II and singular, includ,ng ~II ar+d un~ulu t}» incomy pofiri. iuut~ and rwenuef (~om wMtever
wv~ce de~ived, exh ~nd every ol wh:ch, it be~np eap~cssty understood, is hcreby mortg~grd u if spetifically set la~h and deu~ibed in the yr~ntinq and
habendum cta~ses hereof, and such Rcce~ver shali have ali ~he broad and ef(ecnYe fu~+ct.oas and powrs in ~nyw~se entrusted by ~ Cou?~ to a Receiver, ~nd
s~ch appoi~~ment ihalt be made by sucA Cou~~ as an admined equi~y and a~*~attcr oi abso~ute r~ght to said MORiGAGEE, ~nd wi~hou~ relercnce to th~
sdcqu~cy w inadequacy o( the wlue of the p~opc~ty monp~qed or to the ?o•vency w,inwivency ol said MORTGAGOR o~ the defendantt, u+d ~ha1 sirch
ren~s, profits, inea~e, issues and ~evenues shaH be +pplied by such Receiver ~ccord~np to ~hs lien or eqvity of said MORTGAGEE u~d the Qr~ctice of such
Covrt. .
8. To duty. prompily snd fu41y perfwm. d~scF,~?~. execut~, eFfect, complet~, comply wifh and eb+ds by sach and ~very tM atiputations. a~~eemsnt~, _
cwedifiorn and covenanrs i~ se~d promissay note and tbls mortgage xt fath.
9. ihal in tM eve~t the owne?ahip of the mortgagrd prem~ses, w any pa~t thcreof, becoma vefted in a perfoe other tiwn ths MORTGAGOR, the
M:ORTGAGEE, its ~ucceuo.~ and ass~gro, may, w~~houf notic~ to the Al10RiGAOR, deal w~~h such successa a successor in iMertst with refe.ence ~o this ~
mo.~yage and the deb~ hereby iavred in Me same manner as with Mortgagor w~~how i~ any w~y vi~iatiny or d~uhargtng tix Mo.~9ago~s' li~bility hera
~nder a upon the deb~ hrreby sec~red. No sale of ~M premtses hereby mortgaged and no fwbearance on tM part of ~FN MORTGAGEE or its tuccesson
o. ~isgns and no e~erens~on of the t~me fu the payment of the dcbt hmeby,securcd yiven by ~M MORiGAGEE or ib sucuswn o~ ~u~ym, sfiall oper~r~
~o rNau~, d~sch~rye, mudify change a~ffect the aiyinal liab~lity of the MORTGAGOR he~e~n, tithsr in whole or in parf.
10. It is speufic~liy agreed thN tirne is o( tM essence of ~his contract and tMt na wsiver of any obt:puion herevndtr w of tF~e obliyatan se-
cured hereby sfiall at any tima there+tter be iuld to be a wa~va~ of ths tsrms hereof or o1 1he instrument secured harby. _
11. In add;rion ro rhe Fwcgo:ng monthly paymea~a of pti~c pe~ and ineeresf rcqu~red by t1x prom~ssory rare sccured hereby, mortyagor coven~nts
and a9rees to pav ~o nwrtuaaee w.~6 ca~6 ~wnmNy n+.y......~ .ad:•~^c:! r_•:.r.s:~3 h~~ ^..::y-~a 1;c ~e,eC W i; 12 of t:~e ar.:sLai co~r ai tise foiiow-
<<~ _
A;L7I ..-sC ~.r:.~rty ::.cr :r.:c~i an esses+eci egei~st tn~ soove deu~~.~.cd re~i estate.
B-Prr~,~vms on fire ar,d wutdstoim msurar.~e as here~n requ~red to bc carried o~ the improvements situate on the ~bove deuribed premises.
C-P~em~ums w+ such moregage quaranty insurar~ce as mwtgsgee shstl from t~me to time decm fi1 to tarry on the (wn tecured hereby. -
Ma?9agee sha~t from t~me eo time norify moatnagor :n w.:~:ng of rhe w•••e•.R• d~- 3*d ge,eh'e kcreu:.d~r ar.d :u~ w:r. ttut! there,~pon be d~,e a.~d "
rayable on the due date of tne ne¦t month!y payment and each sutcessive month the~e+fter v~,ti1 mortgapee ahall rwtify mortgapor of a chanpe in such
a-^ount. Such sums s~ali tx app~~ed Ly mortgayee toward the payment of real property ta:es, insurance prem;ums, and morlflsye yuar~nty insurance
. p~emiums• ~
IN Y/tTNESS YJHEREOF, the ss~d MORTGAGC~R has hereunto set his F~and and seal the day and year (irst aioresaid.
' Si9ned. Sealed and delivred in th~ presence of:
- ~ ~~o.~a ~fc~wu~U ~ •n
.t3 :i.<<~•.,~ ~ WC~E ~OU?u7r f~a fi Mill r ~.p
- , ~ RO~ER gO~TP.AS j
CIERK C1RCUlT COUKT ~ s"~
~ _~n-- AEt41~b YE~tilEO ~ 1 . Pi: s..q
. errily o e Miller , his w3f e
STAiE OF flOR10A 4 ~yf ~ ~~1
-St . Lucie ~ " ~ ,~~~9
COUNTY Of
Befo.e me penonally appeared )nhn 8 Mil ler and
' ^ Jerrilvn J~VCQ Miller h„ W;r~, to me well known and known to me to ba
the indiv~dvats dcxribed in snd who eaecuted tfie faeyoirg instrument, ~nd acknowledged befwe me tMt thsy ezecuted the same fw the pvrpoies
thero~n ~xpressed. And the sa~d___ ~eYI1~.YI1 Joyce Miller
.v~fe of tht said ,~ohn Miller upcn a sep~rate ~nd priv~t~
e.am~nation by me taken uparate and apa~t from her tsid husband, ~tknowledged to •nd before me that aF~e executed s~id instrvment freely and vo~un-
' ~eniy ~nd w~thout ~ny compuision, constraint, ~ppre~ns~, o~ fear of or from F~er ~id hus nd.
WITNESS my Mnd aod officist seal thi~ d~y of C.' A. . 19~~
_ ~s?is~/ -i
Notary Public in and w the 51afe of Fbrid~ Larp~
My Comm~ssion ~xpires:
Re~wn io: ~,~l,(. c.t ~O .
First Fcder~l Savirg~ 6 losr~ Aasocietwn ~ - f 4,. f _
, O~ tcr! P.c:ce. ' • a v/'~ ~
:
' ~ort r~erCl. FlOridd ~ ' . .
~ , ! , r , ~ -
~ , _ = .
f this Instrument Prepared By C~?Iy F. SllwOOd , ~
Fint federal Savings E~ Loan Association _
- of Farf Fierce ~ ~lorida ' ~
,
; Checked ey .
~ .
! e i ~VS. tlr,F
. .I