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HomeMy WebLinkAbout0525 To plac~ u?d conlinuou~N kkp on tM bui!d~nps ~ww a 1+N~aftM ufwa oe~ ~aW I~nd u+d on ~II equ7pm~nt ~nd p~nonally covaed by ~hi~ moreq~ w~. wilh ~II p~mivm~ thtrwn pa~d i~ lull, tin imuranu in ~ht vtwl tund~rd policy Iwm. tn a~um apwor~d by ~M MORiGAGEE, and windNam , inwr~nc~ in d» uau~l ~~~nd~rd pol~cy iwm. in • ~wn ~pprov~d bY th~ MORTGAGEE. in wch company w compani~s ~s tM MORiGAGEE may d~retl; ~nd aU ti~~ and w+nd?torm iraur~nu po1K~a on any of taid bwldinps. ~+~y int~rtit thtrein or pa~t IF+~reoi, in ~M ~~yre9s~~ wm ~ta~s+~d or in ~xaa 1Mr~o/, ~hail con~ain ~M u~wl s~~odWd mw~yapN clwa~ a~uch othw ciww a~M Nbr~pa~ en~y rpuu~. m+\inp ~M Iws vndN ~a~d poti~ i. det. Nch and werY. paYabl~ b Nid MORTGAGEE as iN k?t~rMt e?~y ~pp~ar. and Nth +nd wNy tuch poi~tY ~hall bt promplly au.9ned and d~liv~red to ~ ~ny Mld by s~~d MORIGAGEE as (u.~hK ucwity ~o s~W ma~pap~ dtW. ~d. nw I~a ~Mn t~n A0) da~n u+ adwnc~ oi ~M upu~tion of ~ach po~icy. ~o da ' Gv~r ro wW MORTGAGEE • r~.~ewal tMrwf. ~opNhK with ~ r~c~ipt ta tM pnmium oi wch .~walj ~nd ~Mr~ ~hsll b~ no fir~ w wlnd~~am inw~anc~ ~ p1~c~d on ~ny of said b~d ~:nq~, any i~+t~.pt tM~~~n o? put ttynoi, unl~u in tM fam ~nd witfi ~M loss p~y~bl~ as ~for~s~ids +~+d ~~M ~v~et ~ny wm ~ of mon~r becorn~s p~yabk ,ndN ~uch poliey a poticks wkl MORTGAGEE ~h+ll haw tM opt~ne~ to reuive and spply tlw swn~ on accoum of th~ ind~bt~d nei~ ~tw~d 1+KSby w w psrmN said MORIGAGORS lo reuiw u+d us~ it or ~ny parr thereof ia o~her purE~osei, w~~hou~ ~he~eb~ wai~~~.g o. ~mpair• ~ Iny anY puity. li~n a riqAt vnd~r or by vi~tw of this matpp~s ~nd in 1M ~wn~ ~id MQRTGAGORS ahall tor any nason f~il ro k~ep ~Fr ~aid W~+~ses w ~niured, a f~il w deliva promptly ~~y of iaid polKi~s of intiw~nu to Nid MORTGAGEE, w fail promptly to pay fully any premium tF+erafw w in an~ reipM fatl b qrform, di~cRarye, ~a~cut~, ~ffetf, wmpl~te, tomply with and abid~ by this mv~nanl, a ~~y ps.t he.wf, ieid MORTGAGEE may pl~ct •nd 9'" ~ pay fw ~uch i~a~xanc~ w anr put thereof without waivirq or ~ff~cttnp airyr option, li~n. ~q~ity, w?ipht unda a by vir~w of this Mor~yags. and thc y• ~ 1u11 amount of ~ach a+d ~wry wch paym~M ~halt b~ immediably dw ~e?d pay+bl~ and ah~ll beaa int~r~st from tM dat~ ~hereo! u~?11 p~id at the raa.ot i ~~rx pe~ cw~wm pM annum w~d ~ogs~hsr with auch i~teres~ thall b~ secvr~d by tlw ti~n of this mwpay~. ! 1. To p~rmit, oommit or wffer ~+o wal~. M~pairment or d~tKioratan of said propNty w~y p+rt th~reof. S. To p~y dl ~nd unpular tM co~n, ch+rpa ~nd ~xp~, h~clvdieq a ~~asooabl~ ~ttansy's fe~ and costs oi ~b~trecrs of ti~le, incwred a paid at ; any timt by ~aid MORTGAGEE, b~cws~ o~ 1n tM ewn~ of ~M f~;lw~ on ~h~ ps.t of ~M aid MORiGAGOR a du~y, promptly and fully ppform, d~sth~rg~ ~ exe<ute. Rffec~. eomplaq, comply with ~od ~b~d~ by ~ach ud ~wry tM itipulat~ons, apre~mero~„ conditiom, s~+d cownants ot ~aid promiuory nols and ~his i mortgay~ any or ei~her. end ia7d costs, chuyes ~nd ~zpenses, s+cA ~nd ~wry, sMll b~ immediately du~ •nd payable: whethe~ o? nof the+e bs no~ice ds ~ m~nd. ~n~rt+pt to colkct w suit p~r+dinp; ~nd tl+~ f~ll amouet of tach u+d ev~?y svch payment shall bear interesf (rom ~he date thereof uoril p~id at fhe ~ rarr of nine pe~ centum per annurn: and all ~sid costs, cMryes and exptnsq intwrad w paid. toq~lhe~ w~th such intereit, s!?~II be tecured by tM I~ee~ of Ihis :rartpa~. 6, Th+l (s) in tM ~wnt of ~ny brNCh of this Mortpap~ ot d~fw11 on tFr p~.t of 1M MORTGAGOR, or (b) in tM ~wnt a~y of said wms of mon~y 'q herein nfNred to b~ not promp~ty ~nd f~lly paid within th;rry (30) dap MXI ~ItN tM same severally b~cwn~ dve ~nd p~y+bb, wirhou~ dsm+nd a notice, f or (c) in tM ewnt eed~ ~~d evsry 1M ttipulationt, ~prt~ms~fs, tonditions ~nd coven~nts of s~ld promiswry nott snd ih~s mwtpaye ~ny w either are not 1 i~~y. P.o~y,dr .od tuiy paformed. disclur,~ed, ~xecutad. ~fhcted, compktad. canplied with ~nd sbided by. ~han ln ~i~her a a~y such event th~ sa~d ag ? pregatb wm msnliooed in s~id pranisw~y not~ ~h~n rem~inirq unpaid, with intapt acuusd and a11 moMy~ sewr~d hereby. shdi b~oorne dw and p~y- eble forthwitly a thereafta, at th~ option of said MORTGAGEE, q fully ~nd compk~ely as ii all oi the sa~d sums of money wera wiginally sGpulated to be paid on such day, anythirg in sa~d prom~uwy oote or in thls Mwtyay~ to the cont~ary notwirhsrand~ng: aod ~hereupon or thereafter a~ rhe opr~on of se~d N40RTCaAGEE, withow notin or d~mand, wit et f~w w In pvity, tlw~Fwe w tF?sre~fte~ begvn, may bs prosecu~ed as if aIl mor»ys iac~rsd hereby hnd matwed prior 1o ib irutitution. _ ~ 7. TMt in the went tF?at ~t ti+s beginnieg of w~t any tim~ pendinp sny suit upon this Mo~tgage, or ro foreclose, h, o~ ro rofwm it, w to enfores ; paymcnt of any claims hereunder, ~aid AhORTGAGEE shall apply to th~ Coun havinp jur~sdrction thereof fw the ~ppointmem of ~ Rece~va, tuch Cowt ihall forthwirh ~ppoint a tsteivtt of said mottpayed prope~ty all ~+~d sinp~lar, includu~p all and singulat t!K incorne. profds, istws and rovenuss from whatever i wvrce dsrivsd, each and ~very of wfiich. M bei+g ~xpreuly understood. is Mreby mortg~ged a if spet~fically aN for~h~ and dewibed in the 9ranting end j habendum d~usa hereof, and iuch ReceivN shall haw all tf+s broad and effective funcnons and powers i~ anywise emrvited by a Cowt to a Receiver, aod s~ch appointment shall be made by wcM Court u an admitted equ9ty u~d a n+atter of absotWe riyh? to s~id MORTGAGEE, snd without reference ro the ed.quscy e? inadeqvaty of the v~lue of tM property mwtpaqtd ot to tM sowenty a insolvency of said MORiGAGOR a the defendann, and that suth re~rs, profits, income, iuucs and revenues shall be applied by s~d+ Receiva sccord~n~ to tM lien w equify of sa7d MORTGAGEE and the prsctice o( such Caurt. 8. To dvly. Promptly snd fvlly ps~form. discharge, execut~, effecf: oarpkte. complY with and ~bide by esch and every the ~tipulations, agreements, condirions and covenams in sa~d promissory not~ and this morepag~ set fath. 9. That in the evem ths ownership of_the mort9sqed premises. a~ny part thcreof, becanes vested in • person other thsn the 1NORTGAGOR. the ' ,M.ORTGAGEE, its succesaon and aui9rn, may, wi~ho~t notice to th~ MORTGAOR, deal with wch wccessor a wccessor in interest with refcrence Io this rro: ~gage and the debt herebr setwed in th~ same manner is wHh lNortyaya without in ~ny wsy vitiating w d~xtwrginy the Mwtgagors' tiabi~ity hers~ ur.der or upon ~he debf heteby secu~ed. No sale of ~he premi~es hereby mort9a~ed and no fabeennce on ~M pa.t of rhe MORTGAGEE a its successon e: aasigra and no extmsion of the time fw the payrt+ent of the dtbt hereby fecured piven by the MORTGAGEE or its successors or auigns, sfiall operate * ro refeue, d~scMrqe, modify cMnge or affect the OfigiMl (INbili}y of the JMORiGAGOR hereir4 either in whole w in part. ; ~ 10. It is spec~fically agreed th~t time is of the esser+ce of t6w contract and th~t ~o w~iver of any obligation hereunder w of the obligation se- ~ c~red hersby sMll at any time thereafter be held to be e waive? of the terms hereof w of the instrument secured herby. ~ 11. In add~tion to the foreqo:ng rtarsthty payments of pri~t'psl and imerest required bp Me promissory na~e srcured hereby, rtwrtgagor cover?~nts ~ and agr~ to pay to mortgagee with esch momhly payment an add~rional sum estimated by matgagee to be eqval b 1/12 of the annual cost of the follow- n9 i A-Alt real property ta:es kvied or asses:ed against the above described re~l estate. B-Vrrmiums on (ire and windsto~m insursnce ss herein reqv~red to be prried on the improvements situate on t~e above desvibed prcmises_ f C-Premivms on such nwrtgsge guusnty iaswar,ce a3 mortgsgee. thall from tm~e to rnne deem fii to carry oe~ the loan ucured fxrsby. ' c Mwtgagee shall from rime to time notify mortgagor in viniting oi the smount due ard payable hereunder and ~uch sum shall thereupon be due and = ~ayabin on the duc dase of rhe r+e:t montF~ly payment and each succeuive month thereafter ur.~ii mo?tgagee shall notify mortgagw of • change in such ~ o~r.t. Such sums f!:a11 be applicd by m~xtgayee toward the payment of real property taaes, irnursnce p~em:ums, and mortgape 9wranty inswante r.~emi~ms- ~ IN WITNESS WHEREOF, the said NWRTGAGOR hss hereunto set his hand end seal the day ~nd year fir afoc . ed snd liwrd fh~ p~eaence oh ~ fIlEO AND RECOROfD .q ~ ST. WCIE COUNTtf fLA. ic az ree an ti~n ~ _ _ aOCER QOIta~S CIERK C1~C111T COURj ~ ~,q ~ - ~ ' . . ~ ~ r:: f lE0 q .ro r an ' STATE Of ` ~r Il 10 ~i aN'17 ~1'79 ~ ~OUNTY Of -~cf-~1r ~~ti~~~`~ ~ . erfore ms prnonaNy appeared ~~.char.~ Vree Z~nd and _ C 1 Y O 1 Vr e e 1 a~~; his wife, to me well known snd known to me to be rhe ind~vidwb desuibed in and who ta~cuted the fore9oag iratrument, and atknowledyed befwe me that they executed tlx same for tF~e pvrposes rherein eap?esfad. Md fFw ss~d Carol Vreelan~l ++~fe of the ~~d ' Richard Vreeland a sepsrste and prir~t~ ' ~ examtnsr'wn by me tsken sep~nte snd ~p+rt from her ssid Fw~band, aduwwladped to ~~d befo« rn~ th~t ths e:ecutsd ssid ir~strument frsely and volurr r3-;ly and w~thout u~y eompubioe?, eor?itrsint, appreMnsioe?, or ftu of or from h~r said Fwsband. : WITNE55 mr hsnd snd officisl seal thia ~g day of A. D. 19_~ ~ L ~ ~ ~ Not~ry P~bl' n and fw tlx State of Florida N larse - f My Commission ~xpiret: ~ Ret~~n To: ~ F~nr Federa~ se~~ngi a tosn /lasouat~on DOROTNY L', I'~URAWSK~ ~ of fo~~ P~erce. NC!~tV Pi:GIlC. ~an E~:sen CounN, Midr. Fw? P~e~c~, Fio.~da I~S~ C~mrt'us;i0r1 E.rpires 2-10~80 ~ 9 ~ . , . ~ . Y ~ ~ .~i 1_ t_ `,'1 . . . < ~ - .Z~ ~i.Kc~ss> 1` ~ This Instrument Prepared By R. E. Poir.~iexter ~•,-=y = g r`:~~ 1 f! : r~ F~rst Federal Savin s~ Loan Association . of Fort Pierce ~ F lor i da --r ; 2= _'.1'•? ` r Fort Pierce, Florida 33450 - J' ~ 4 _ ybti ~ . Y ~N . necked By ~ R , . ' 8~2~i~ ~?~E 524 ~ ~ . ~ : ..a:,?i- ' ' • i ~ . . ~ ~ ~ ~ ~ ~ _ _ r. F _ . _ - ..~>~,r~~. _ ~ _