HomeMy WebLinkAbout0091 J. To plan and con~i~ua,~ly k~ep o~ ~M bu~ldinqs now w MreahN utwN on aid I~nd ~nd on ~II putpm~nt ~nd pKSOn~lty oownd bY this narq~
q~. w~+h ~H pr«nium~ thr.eon pa~d in fult, lire iniw~nce in tM uivd u~ndard policy fom~, in ~ wm .,~owd by 1h~ MORTGAGEE. ~nd windswrm .
insv~~na 4+ iM uswl uandard pol~cy tam, in ~ s~m ~pprov~d by tM MORTGAGEE, in wch company a oanpaniN a ~h~ MORiGAGEE may
d'aec~i ~nd all fk~ uid windsw.m iniw~nc~ policies on any of said lwild+nps„ any inhr„t thK~Fn or pa~f t1+Nwf~ Ifl ~M ~~~l~t~ {WII ~FO(~NId q
In ~xc~ ~hcreof, ~hall con~~in ~h~ uwal srand~rd morrpayN ciws~ or wch p~hw clau~ as ti,~ lKwtyapN may req~u~. makinp tM las ue~d~~ Nid po1F ~
da, each a~d w~ryr. paY+b1~ a said MORTGAGEE as cti intaat maY appea. and ~ach ~nd ~wry wch policy ~had b~ prompNy ~st:qn~d and dtliwr~d ro~, ~
~ny l~eW by taid MORIGAGEE fwrha secv,iry ~o said mortpay~ debt, and, ~wt I~u ~h~o t~n (10) days in ~dvu~u of tM ~xpkation of ~ach policy. to dr
IivN ro~id MORTGAGEE'~ r~new~l ~hereof, tope~Mr with • rauipl io? tM pr~mium of tuth re~+~wal; and Iha~ ah~ll b~ np fire o? wind?twm iruw~nc~ .4
pl~c~d on ~ny of said builfinys, ~ny interest therein or parf fhereof, ~nless in tM form and wilh tM bss psyabb as ~To~tsaidj u?d tn tM ~wnt ~ny svm
of mwwy bac,ornes p~yaW~ u~Je~ such polity a policies said MORTGAGEE ~hall haw tM option to rateiw and ~pply tM um~ on ~ctoum of tM ind~bted~ •
neu sscw~d h~reby a to permit uid MpRTGAGORS to reqiw u~d uN il ot ~ny pan thereof fw othe? purposes, wirhout tht~eby waivinp p br~paia -
~~g a~y pvity, lien or riph? vnder a by v'utue of this matya~e; ~nd ir? tM ~vMt ~aid MORTGAGORS ihsl) ta any reato~ fail to kNp tM a~d pnmises w
insured, a fail to delive? promptly any of seid pol~cies o1 insu~~np to ~aid MORTGAGEE. a fail promptly to pay fully any premivm th~r~for a in ~~yr ;
re~pact fail b p~rform, diachuye, execure, effecf, complete. comply wirh aod abid~ by tbis covenant or any part hKwf, said MORTGAGEE may plap ~~d f ri '
peY fa such ir?s~ranc~ or ~oy p~n theroof w~thout waiv~nq a•fiedinp any option, li~n, pu~ry, or ripht undK a by virtw of ~his NbrtpaQ~. and tM .
full ~mouM of sach and every t~ch paymeM ihall be imrnediately dw and p~yabk ~nd sMll beu intrreu trom tM daH thtreoi until paid it th~ rab o) ~ r~ -
nine per centum par annum and toyethcr with such iroerest ihatl bs sccu~ed by ths lien of this monpp~. .
1. To permit, commit_ w wfter oo waste, imp~irment a deteriwation of iaid properfy or ~ny p~rt 11?treof. _
S. To pay atl and sin9ulu ?he co~ts, charges and expenus, inciudinp a ~eawnable attorney's fN and costa of abstrsctt of titl~, incun~d w p~id at
eny time by said MpRTGAGfE. becavs~ or in ttr went of the i~ilwe on the pan of th~ taid AAORTGAGOR to duly, prwnptly ~nd fully p~rfwrq, diuharoR
execute, effect, complete, comply w~th and abide by each snd every the itipulations, apreemenri, conditioos, ~nd covenanu of s+id promissory note and thii
mort~ape any or e~ther. and ia~d coats, char~es and expe~ses, each and ~very. shall be immediatqly dw and pay~bte: wMtM~ or ~+ot there.b~ norice clr
mand, attempt fo colkct q tvit perxRnp; and !he (~ll smount of ~ath s~+d every suth paymeM shsll bea? intereat from tM daft th~reof vntil p~id af th~ }
~ate of nine per centum per ~nnum; and alt said cos~s, ch~rges end expenses incurrad or p~id, toqether with suth int~rqL ~II b~ ~Kwd by tM liw~ of thu ?
mwtya~. •
b. That ie the eveat of eny breach of this Mortgage or de(ault an the p+?t of the MORTGAGOR, or (b) io tM event any of ~aid wmt pf nan~~
hcrein refe~red to br not promptly and fu?!y paid within ~h~+ty (30) days nex~ after the same severally become d~e and payable, without demand or ~oi~ce,
w(~ in the event eaci~ and eve~y the stipula~icx~s, sgreements, condif~au and cova~~nts of said p~omissory note and this morfpape x~y p~itlw ~r~ no1
i~ty, pomptly a~d fully perfo.med, d~xharged, exccuted, effected, compl~ted, complied with and abided ~iy, tMn in athe~ a~ny such weet tM taid a~
gregate sum rne~taned i~ said promiss«y note then remaini~g unpaid, with interest accrued, u~d all mo~?eys secvred hereby, ~haft become dw and pay-
abte forthwith, or thereafter, at the opt~on o! said MORTGAGEE, as tvlly and completely as if ~11 of thc said wms of mo~ey were p;pinally stipulated
to be psid on iuth day, anything in sa:d prom~ssory note o. in this Morrgage to the conuary no~withstandinq; ~nd therwpon or thcr~afta a~ tM option of
seid MORTGAGEE, wiihout noirce or demand, s~it at taw or in equity, tkere(ore or fhereafter begun, may bo prosecvted ~s ff ~~I rrwneyi secured l~sreby
had maWred prwr to its institution.
7. That in the svcnt that at the beginn;ng of or at any time pendirg any wit upon thia Mortgage, or to foraclos~ it, ot fo nfwm it, a fo eoforo~ }
payment of sny cla~ms he.evnder, sa;d MORTGAGEE shall apply to the Co~rt having jurisdittio~ thereof for tha ~ppo~ntment of a Receive~, wch Cowt sMl! d
forthwith ~ppoint a receiva of said m«tgaged property all and singular, includ~ng all and singular 1he income, profin, iuws ~~+d rwtnues from whatever ~
tource derived, eath and evcry of which, it be~ng expressly vnde~stood, is hercby motlgsged ~s if specifically sN forth and dNCribed in tht prantitg and
haber~d~ clavses hereof, and such Receiver s}wl! have all the broad and effecNve funct~ons and powc~s in anywise e~uvsted by a CouH to a Receiver, and ~
such sppointment sF?all be made by such Court as an admitted eq~ity ~nd a matter of absolute right fo said MORTGAGEE, aod witAwt reference lo ths
adequscy a inadequacy of the value of the property mortgaged w to the sotvency w insolveocy of said MORiGAGOR or the defendants, snd thal such t
rents, profits, income, iuues a~d revcnues ~all be applied by auch Receiver accwding to the lisn a equity of said MORTGAGEE u~d Ihe p~actice of such
Gourf. .
B. To duty, promptty and fully pNfwm, dischargc, e:ecute, effect, comptete, comply w~th and sbide by eath and every the stipulations, agreer.ients,
condiYaro and torcnants in sa~d promissory rafe and fhw mor~gsge uf fwlh.
9. ?hat in the event the ownership of the ergrtgaged premises, w any psrt thereof, becomes vettcd in ~ person other than the MORTGAGOR, the i
MORTGAGEE, its wcceuon and assigns, may, wi~hout notice to the MORTGAOR, deal with •uch successor or succeuor in i~terest with referenc~ to this y
rnor~ya~e and the debt hereby secure~d in the same manner as w~~h 14br:gagw wnhout in any way vitiating or d~scMiging the Mortgagors' lisbility here- i
under w vpon the dcbt hereby secured. No sate of the premises hereby mwtgaged and no fo?beara~ce on the part of the AhORTGAGEE or iri waeswrs ~
or assigns and no extension ot tlx time fw /!x payment of the debr here6y secured given by the MORIGAGEE or its wcces~ws ot ~uiqM, shall operate
to releax, diuharge, modify thange a affect the original liability of Ihe MOQTGAGOR herein, either in whole or in put, f
10. It a spedficatly agreed thst time is of fhe esunce of this contrad and ~hat no waiver of ~ny obligaYwn hereunder or of tM obliyation se- ~
curad he~eby shall st any time thereafter be held fo be a waive? of tFe ferms hereot a of ihe inst~ument secured herby, ~
11: 1~ add~tio~ to the forego:ng monthly payments of princ'pal and iNerest ~eqvired by the p~omissory nole setured hereby, mottg~got tovenants
and ayrees to pay to mortgagee wi~h each mon~hty payment an sdd~~ional sum est~mated by mwtyagee to be equal to 1/i2 of the annual cost of the foilow-
~
A-All real preperty taxes lev~ed or assessed against ti~e above described real estate. ~
B-P~emiums on fire and w;ndstorm insurar.ce as here~n requ~red to be carried on the improvements situate on the above desttibed p~emises.
C-Premiums on such mortgage g~aranty insu?ar,ce as mortgagee t1y11 fram t;me to time deem fif to carry on the ban secured hereby, ~
Mortgagee shall from time to t~me norify mortgagor ;n wr~ting of the amount dye a~d Qayabk hereunder and such wm shap thereupon be due and ~
payabk ori the doe date of rhe next morohly payme~t and each successive month thereafter uNil mortgagee sha11 notifjr mortgago? of a change in wch i
amount. Such sums sF.all be applied by mortgagee toward the payment of real property taxes, insu~ance prem~ums, and morfgape guaranty inwrsnce ~
premiums.
jN WITNESS WNfRfOF, the said MORTG%1 ?ws hereumo sef his hand srd seal the day ~nd ear first aforaaid. ~y
Signed. Sssled a delive~ed in the•pre of: / ~
F1LE0 ANO RECORDf 0 ,n f
ST. tUCtE COUNTY FIA. ~ p. g~e~~er
ROCER POITRAS :
- t:LEF~. C~~2CUIT COUR'!"C n ;
a
. - = EE D ~ 7 , . ~ ~
ana.e $ x e ~
STATE OF FLORIDA r 6~ 1 ~
~~t 2~ IO 36 AN 71
cour,nr oF St. Iucie ~ ,~.l 7~ VG; - ;
_
bsfore me perso~ally sppeared FIarry A. Hanewaeker ' : o~ _
= - ~ ,~,d
p anie eHac er ha wifc, ro~~o ~.n` y,~, ~~~,,..,o b.
the i~dividuals described in and who executed tF?e fo? any instrumant, and ackrwwledged before me that ti~ ~yetqrt~d f11e~.~qr ~R purposes
:he.~~, ~x~.~~a. ~,a fne ~~a Stephanie~isne~racker ; ~ ~r .
w~re ~ ~,~d Har'iy A. HaneWacker ~ ~ „~Z ~i~.~e •~d ~~a i
examinaYwn by me taken separate snd apart from her :eid husband, sckrawledged to and before me that shs executed sei '~i4?I~wt heely snd volwr ~
tarily and without sny tompulsion, constraint, aPPreQ. ~ion, pr fear of ot from her said husbend. '
WITNESS my hsnd and official seal this dsy of A ril - p. ~
s
~ ;
N ts Pv ic in end for the State of fbrida af 4r~t
My asion e~cpira: ~°s
Return To: ;
finf ~ Feder~l Ssvings 6 Loao Auociat~on ~
Of Fort P~erce. Maltry PYLCI[, 5~~1 0~ ~f11~ j~ ~
Fwt Pierce, Florida i
~ ~11100 F~IK 3Q ~~Q
. ~wM~ ~r A~«kw a i~lp C.MyM~
This Instrument Prepared ByG~y F~ ~WOOd •
First Federal Savings b loan Association
of Fort Pierc~ F'1.~rida
Checked By ~ _
~ ~
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~ _ _