HomeMy WebLinkAbout0808 To pt~c~ ?nd con~i~uou~ly k~p on ~h~ bu~tdinps now w h~r~~i~~? ~tua» o~ s~id I~nd and on ~1~ sqvipm~nt ~nd pMwn~tly cownd by 1hN mai¢
p~, wilh NI prtmiw?q IMnon p~id in full, f~re insv~~nc~ in ~M uw~l ~~adard pol~cy faen, in • twn app~ov~d by th~ MORfGAGEE. and wi~dshxe?
Mawaoa M+ ~M vswl ~+anda*d potxy farn, ln ~ w.n app~o+~d by ~hi MORTGAGEE. M wcA company w tanpanip a ~M MORTGAGEE m+y
diratt and ~11 f'u~ and winduorm iniur~ polici~a on ~ny o/ ~aid bvlld~rqt, any intK~p tM~ein o. p~rt ~h~r~o1, in ~M pqrfpa~~ wn? afa~wid w~!
in sxcN~ ~Mr~of, sMtl conealn ~M vtual ;~anda~d mor~pa~w c1auN a such aiw~ clw~ a 1M Ma.tyaq~ may rpu~r~, ma4;ep tM bs~ und~. u~d po14
dti, e~cA and way. p~yab~~ b ~aid MORTGAGEE aa its ~~ter~st m~y app~a~. and e+ch ~nd ~v~ry s„ch policy ~Mil b~ pror~pNy ~a.p~ad u~d dtliwrd ro i~
~ny MW by wid MORTGAGEE as ~vr~hK s~curiry to ~a;d mo+~ps~ deW, and, ~a ku ~Mn ten (10) d~y~ in ~dvurc~ of tM ~spir~tfon o( t~ch polity. to dr
liwr to s~id AAORiGAGEE • nnewN 1Mrwf. tope~her wi~h ~ r~u+pl fa th~ pr~mwm oi ~uch r~nsw~li and ~hK~ ~hall b~ no fcr~ a winds~am inwranc~
p1~ad on My oi uid buildiryi, ~e?y inte~al 1F~~~n a put tM~wf, w+I~H in ~M fwm ~nd with tM bat p~y~bls ~s atons~4d~ and in th~ ~vtM ~ny wm
of nwn~y b~comts payabte u+~ ~uch policy w polKie~ sa~d MORTGAGEE ~h~ll Mw opr~on b r~uiv~ w~d ~pply tM s+m~ on accow+~ o/ the ir~b~ed~ -
Mu acw~d ha~by a a pkmit said MORTGAGORS ro nceivs a~+d vw t~ o~ any ps~~ fhe~eol fo. oi?+e~ pu.pos.~, w~~hou~ the~eb/ wai~i~~y o. unpai.• '
uw +~+r ~a~+~h. I~ a rpht u~ndw a by ViItW qI IhI~ ~tWtl~~l MI~ M tIM ~VMt Mid INORTGAGORS ~MII I0/ My r~awn (atl to kNp the said p~~miies ~o
Msw~d, a f~N a d~livu p~omptly any ot s~id polici~f of iruvr~nc~ to s~id N10RTGAGEE, a fail promp~ly to pay fulty ~ey pr~m~um tl+Nefw or k~ ~ny `j:~
resp~ct f~i) a pKfonn, Aischary~. ~s~cu1~. ~fIK1. compl~~~, complY wi+h and ~bid~ by tlws cov~nant, a~ny pa~t he~sot, said MORiGAGEE m~y pl~c~ ~nd ~
par for wch imwanc~ a any pan tM.eof w~Mou~ w~ivGp w~if~ukp any op~an, li~e, puitY. a.gh~ w+da a by virtw of thii Mor~yp~. ~nd ths
ful) arnotmt 0/ tKA ar?d ~vNy avth paymM+f ~MII b~ iawr?edi~Mly dw a~d pay~bb and sANI b~~t int~~es~ trom th~ d~~~ thu~of ~n~il paid ~t ~M at~ oi
errw pN un1~m pN annvm and topethe~ with ~uth in~sre~l shall b~ tecur~d by fIM IiM o1 Ikq mo~rt~p~.
4. To p~nnN. ooewnit or suifer no wafte. illtpillm4nf p dQfO1i0l~tipl OI Nid p10~lNP~ p ifly ~Nf1 tMf~Of. . ~
5. To p~y dl sad sinpu{sr tfis cwb, charp~s and expe~s~s, includinp ~ reawn~bk atton»y ~ f~a snd wsts of ~bstr~ets ot titl~, incur?~d a paid +f
~ny tGne by wid AAORTGAGEE, b~cause a In t!a ~v~r?t ot ~M iailw~ on ti» px~ ot ~h~ aid MORTGAGOR ~o dvty. p.omp~ly ~nd fully p~rfam, di~char~
~xetvt~. ~ffstt. compi~~~, cony~ly with and ~btde by ~ach and every ths stip~latbea, apreeme~», cond~tiorn, and oown~nq of uid promi~wry nole and thii
mwtpap~ u~y or ~irF?N. ~nd uid ewta, tMr~ u+d expa~uss. ~aeh and ~wry. shall b~ imn»di~tdy dw and pay~bl~; whethtr a eat tl+~r~ b~ norit~ dr
mand, auemp~ ro wll.n o~ wir p~nd~nq: and ~M futl anwun~ of each ~a! wsrr wch payma?~ sMll b.a~ int~r~q fran 1h~ daq 1l+~rwf unril paid a~M
~ate o1 nin~ per centvm per sn~wm; ~nd afl s~id co~~~, cFuryes and expeesea tncurred oo paid, ~opether w~~h s~ch iOfHHt, aMtl b~ s~cv~ed by tM li~n of tFw
b~ ihat (a) in tM ~wM of any bresch ot this Mo?tpap~ o~ defavll on ttr part of the NIORTGAGOR, or (b} i~ tM ~wnt ae~y of s~id s~ms of nwney
htr~in r~Eand lo b~ not prcmpfly a~nd fuliy paid withi~ thirty (30) days nea~ ~frer ~M sarn~ wre~alty becant dw ~nd p~yabl~. wi~hov~ de~n~nd a notin,
or W in the ewnt ~ach u~d every tM s?ipulaiions, a~reemenrs. conditions a~d covtnann of u~d promiuwy note ~nd th~s mortp~~ any a~itMr ~r~ nol
iu1y. p~omptly and fully perlotmed. d,uM.~ed, exauted, e(lected, compl~~ed, compl~ed wirh and ab~ded by, fMn in eirher a any such ~wm tM said ap~
yreyar~ wm m~ntioned in uid prom~uwy noe~ thert rsmaininy unp~~d, wi~h im~.e~t scu„ed. and a11 moneys secu.ed Mreby. ~hall b~co.n~ dw and pay-
able (wthwith, a there~fter, a~ tM option of ssid MORTGAGEE, a~ f~lly and compktely as if atl of the uid wms of money vrert orq~aally atipul~Ied
to b~ pa~d on such day. anythinp in s~td p~omissory no~~ a in this Matpap~ to the connary notwi~hitandinp; ~nd ~her~vpon or there~her a el» op~an of
•~id MORTGAGEE, without notic~ or demand, wit at law or in puity, tlwrefo~e a tM~eafter besun, may be prosec~ted ~a if ~U n+on~y~ wc~r~d h~reby
had m~tured pip tp iri inititutien.
7. ?hat in th~ ~wnt tl»t at tfie bpinn'ug of a at any tim~ pendirg any w~t upon this Mortgag~, a ro forectose it, or to r~form it, w fo enfwc~
payment of any daims he.e~nder, aaid MORTGAGEE ahatl apply to the Co~rt having ju~~sdict~on theceot tor tlx sppamment of a Receiver, such Go~n shall
fwtfiwi~fi sppoint a roceivN of said mort~ay~d poperty ~11 ~nd sirgular, includ~~g all ~nd singular the iruoms. profits. issws ~nd rtvanues from wMtwe~
sowa da~vtd. each ~nd ~veryr of wh~ch. it beinp sxptessly vnd~.s~ood. a hereby mwtgaged u if spec±fiully wt fath ~nd d~wibed in 11» pramirg and
h+beridun+ cla~set h~reot, ~nd wch Receiver sMtl Mw ~II the broad and ef(ective funa,ons and powen in anywi~e entruit~d by a CaKt to a Reuiva, and
such ~ppointrn~nt sM11 be m~ by svch towt ss ~n admined eqvity and a matter of absotu~e right to sa~d MORTGAGEE, ~nd w~thout rtfaence to th~
sdequacy a lnad~quacy of the wlw of the poperry marya9ed a to the wivency w~~so~Y~~cy o~ aaid NWRT6AGOR a the d~fendants, and rhat wch
rents, prolits, incoms, issua ~nd rwenws ahail b~ applied by ~uch Receiver ~ccord~ny to tM lie~ or equity of said MORTGAGEE and IM pr~ctice oi such
C.ourt.
8. To .duly. pranptly and fully pe~form, dischargt, execufe. effect. compkte, comply wifh snd ~bid~ by ~sch ~nd every the stipulations, preement~.
conditiora ~nd cove~ants in ued promissay not~ and this mwtysye sN fa~h.
4. TMt in tfi~ went the ownenhip of the mortgayed premises, a arryr part thereof, becomes vested in • perton other than the MORTGAGOR, fhe
MORTGAGEE, Ib suctesson and ~~siyns, may, without norice to the MORTGAOR, dsal wi~h suth successw or tuccesso? in interpt with reference lo thia
rr+o.f~ap~ ~nd tM debt hereby sen,.ed in rMe same manner aa with Mortgapor without in any way vitistir~ a d~uharQirg fhe MoregaQo.s' liability hera
under or upon tlie debt hcrebY secured. No s~l~ of tht premixs hereby mwty~ed ~rtd no fo~bearance on the p~h of ths MORTGAGEE o? its suaessors
or assiy~s and no extension of the time for the p~yment of the deb~ hereby secu~ed yive~ by tM IVIQRTGAGEE or its sucnssors w sss~gru,. ~hall opera~~
to ~ele~as, d.scMc~, mod~fy cfi~ng~ w affect ~hs wi~inal liab~lity of the INURiGAGOR her~hy ei?i~ in whoir,w tn pa?t.
10. It is spec~iically ayreed th~t tirn~ i~ of the es~enc~ of tFw coMr~ct and tMe ~o w~iver of ~ny oblipation he~tunde? or of tM oblipition ar
cvred hereby shatl at any tlme thercaher be held to be a w~iver of the ttrms hereof or of the instrumeM setwed htrby.
I1. In add~tion to fhe faego:ng monfhlY. paYme~ts of princ'pal snd interest required by the promissory ~eote tecwed hereby, mortyagor wvenanb
and sgreta to pay to mortgagee witl~ eacfi monehly payment an additlonal sum esNmated by matqsyee to be equsl b 1/12 of the annuat cost of the follow-
ing:
A-All real property taxes lev~ed w assessed agai~st the above described resl eseate.
8-Premiuma on fire and windstam inwrance as herei~ rtQ~~~ed b~be carried on the improvemecets sitvate on tF?e above descriFxd provnises.
C-Premiums on such mortgsge 9uuanq insv?ar.ce as mwtgapee shall from r~e lo time decm fit to carry on tMe losn utured hereby.
Mptgagee sha11 from time to t:me notify mwtgago~ in writing of the smou~t due snd payabte hereunder and such wm shalf therevpon be due and
payabk on the due dste of tf~e next erpnth:y paymenf ~nd exh suocessive month thercsfter vntil mwtyagfe fl~sll notiiy rtartgagor of a cha~ge in suth
emount. Such sums ahail be appl~ed by mongagee toward t1~e payment of real propeny taxes, inwrance prem:umi, and mwtpaye guaranty insunnce
p~emiums.
IN W11NES5 WHEREOF, the said MORTGAGOR has hercunto set his hand snd seal the~day and ytar firat resaid.
Sipn~d, Ssakd and deliwred in tfie prssence of:
.
. _ c~'~ ° ° ' n
~ n
R gorr~ ~ .n
~?ME~f~~! CflW+ o . a
a~
STATE OF fIORIDA ~ie ~ ~ ~y ~ n~ ~w~
COUNTY OF St . /I~K ~ ~ ;~~l~~ ~ .
6efae me pe.sonatly ~ppeared John R. D~augaard !
Md
Ro seland L. Daugaard h;, w;~e, ,o me w~~~ known .rd known ro m. w b.
~M IrKGvidwts dewibed in and who ~xecuted th~ fo. ~nstrumutt, and ~cknow{~d~ed before ms tt?af tMy ~x*wfd th~ sam~ fw the purpwes
,~,e1f1 e*~~, ,~,d Roselan~. Dangsazd
w~re of rh. ..id - John R. Dau aard „P,,, P:rv.~.
examinatia~ by me taEen sep~nte and apart from }ror ssid huaband, adcnowledped 1p and befwe me thaf she executed said irntrument frqly and' vpl~n-
tarily ~nd witho~t ~ny compulsion, conitr~int, ~pprehcns~~q/ feu of w from her s~id husband.
WITNESS my h~nd a+d official seal this L~C' ~ of A r
Y A. D. 19_1Z
Notary Public i~ f the Sf~fe of Fbrid~ ~t larye
Retu.n To: µy ~m~~ 1
Fint feder~l Saring• a 4oa~ /?ssocist~on No1e7 R+'=Kc, Stat~ of fbrido M torw ~ j
Nly Comrrrs:ion f~cp'srn Jvir 2~, 11'~ t
Of fort P~uce. ~,~d ay ~~icau fir~ ? CWYONy
Fon Pierca Flwida
i
This Instrument Psepared By J. Hal Itobezts~ JZ. "
First Federal Savings b loan Association `
of Fort Pierce ~ Rlorids ` ~ ~
~ . ~ ~
E n ~ ~l~ V PAGE 8~ _ ~ c ~ ; = ;
Checked By -~r~ - ~ ~ . 5
. , C~''v`J ~
C _
~ ` '~ie~~s i i. ' t
~ ~~•~~t l ti~ ' IIIII{S.'.'.~• i
4
~ sh