HomeMy WebLinkAbout0536 To pl~ce ar+d conrinuously k~tp on tM buildi~ now w hetNitN ~huaN oe~ ~aid 1a+d and on ali eqvipm~M ~nd perwn~lly covK~d by ~hi~ map~
with dl pr~mSwns tMreon pa~d in fult, fu~ i~ur~r?c~ in ~h~ u~wl ~ta~d policy form, M•~wn approwd b~ tM INOR(GAGEE, and wind~~am
~nswanc~ in ~M uiwl s~andud po~.cy la~n, in a wm +pprowd by ~M MORiGl1GEE. in wcA comp~ny w comp~n~aM a tM MORTGAGEE a++y
d~r~a~ ~nd all iU~ and wi~d+~orm inaur~na policiw on ~ny o( Hid bWWinpy ~ny MN~qt Ihfroin cf par~ therwi, in ~M pyray~~~ wm ~la~said a
In ucau ~Fww1, shal) cont~in IM uswl ~~~ndud mor~~apN c1+vN a wth o1hM tl~ q tM Ma~9pN m~y rpuw~, m~Minp tht Iw~ u~dN s•~d pdi~
c~. ~acl~ aed ~vNy. paYabN ro uid MORiGAGEE a~ it~ 1~1~~st may ~pp~ar. ~nd ~ach ~nd ~vNy ti~ch potKY ~hdl b~ promptly ~a.y~»d +~d d~li~e~ed ~o
•ny F~Id by said MORTGAGFE ~s furtM~ ~ecwity ro Nid ma~p+pt d~W. a~d. not t~ th~n ~M (10) d+YS fn MIv~nC~ Of iM fxpltNiOfl OI !Kh pO1Ky. to d~- `
Iiver b s~id MORTGAGEE s r~newal fMrwf, topt~ha with •~~uipt fot tht prtmlum ot ~uth rtn~w~l; and th~r~ thafl b~ no fu~ or wind~~am iniurant~
pl.c~d on any of said bvild~rg~. ~~y im~r~it tM.~ia a put tF~~o/, unt~u In th~ fan~ ~nd wi~h ~iw loss paY~bl~ as ata~sa~dr ~+~d i~ ~he w~nt ~ny wn+ s
of mon~y becom~~ p~y~bl~ unda wch policy a polrc~s said MORTGAGEE slwll haw ~h~ optioe? ro receiv~ and ~pply tM s+r~+~ on ~ccovn~ of ~fw iodeb~ed~
nsas f~cw~d h~r~by w~o pamit said MORTGAGORS to receiw and uw h w ~ny part ~hcreol }a othe~ purposes, w~+houf ~hano~ warvi~~ o~ ~mpair-
in9 any p~ify, li~n or ripAl w~da w by virtw oi INt nartOap~= and in tM ~wnt s~id MORTGAGQRS ihstl fa any ~~awn fail to ke~p tM s+id pr~misss w
iniursd, p faft !o d~J~ve. promplly ~~y of said poliwt Of imw~nu b said MORTGAGEE, ot fail promptly to pay fully any premium the~efp w ir+ any
respetl f~il b pMiara„ dixMrg~, ex~cvt~, ~if~ct, compl~t~, oomply wlth and ~bid~ by thlt oovMan~, w~ny psrt hsrwf, u~d MORTGAGEE may place a~d
pay fa ivd+ inswanc~ w My pan tAenof wi~hovt waivinp a ~fhclinp +eY aP~ion. ~i~n, equity, w r~yht vnd~. w by vktw of ~his Mo.tpay~, and fhe
f~~l amo~?ot of ~ach ~nd ~wry wch payment thall b~ imrekdiately dw u~d pyable ~nd sMll bsu Int~ret~ from tM da~~ thereot umll paid a~ tM rate of f`~
~~ne p~r cenrwn pK annvm ~~d ~ogether wi~h such imsra~ shaU b~ secu~~d by tM lia? of this mortp+Q~. ~ ~
1. To pKmit, oo~nm{t a wffe? no wast~. In~irm~nt a dsterioratioe of uid p~op~rty ar a~y pr1 thenof. .
5. To p~y all ux! sirgvlar tFa cwts, chup~s ~nd exp~nN~, includinp • ~ea~onabl~ anorn~y's fK ~nd costs of abstracn of ~itl~. incurred w p+id a~
any tlme by s~id MORTG/1GEE, b~tws~ or in tl?~ ~vMt of tM f~ilur~ on 1h~ part of tM uk! MORTGAGOR w dvly, promp~ly and fully pMfwm, d~uhar9~
executq eff~ct. comple?~. comply w~th and ~bid~ by ~~ch ud ewry tM st~tio% pr~ements, conditiona, and oownama of sa7d prom~sw~y nota and ~Fw
mortyap~ a~?p or eitha. a~ sa+d cosn, cMr~ and ~xptnses, each and wery. shatl b~ immedi~tety due and pay+bk: whether a not tl+e~~ bs no+iu d~
mand, ~thinpt to colletl w wit p~ndiny; and tM f~ll amovnt of each snd wery wch psym~nf ihall bear inte~es~ from ~M d~te ti+e~eof until psid at the
ra~e of nine per centum per annwn: snd ~II said costs, charges and ~apMSK incurr~d w p+id, ropetMr with such in~ere~t, sF~all b~ secured by 1M lien of thi~ _
mortpsp~.
6. il»t (a) tn the .event of any breach of tha Mortyap~ w d~f~uU on th~ p~~t of tM MQttTGAGOR, w(b) in the went aey of sa~d s~ws+s of ma»y
herein refar~d to be not proa+ptly a~d fu~ly psid within thirly (~Ol d~ys neal ahe~ the same serer~tty batome due +nd payabl~, w~thoul demand a notice,
or (c) in the wem each a~d erery the stiputations. ay~eements. conditiona ~nd coveMnts of sa+d promissory note end th~s mwtp~ye any o~ ei~l+e? •~e no1
iuly, promp~ty ~~d fully paformed, d~scF~arged, execvted, ~ifected, compi~ted, comp{ied with ~rid sbided ~iy, th~n in either a~ny iuch ~wnt tFK iaid aQ
pregat~ wm mHnion~d in s~id promiuory note then r~mainirg unpaid, with interest ~cuwd, ~nd ~tl mone~n secw~d hereby. ~hall bacan~ dw end p~y- .
able fwthwith, w tlxte~fter, ~t tFK optqn of said MORTGAGEE, a fulty ~~d compl~~ely a~ ii ~II of the said wms oi money vrere agina0ly s~~pufatcd
to be pa~d on sucfi day, a~ythinp in said promiuory not~ or in thia MortpaQe to tM contrary notwithstandiny; and tl+ereupon w thereafte~ ~1 tM op~~a+ of
~a~d MORTGAGEE, withovt ~+otKe or demand, suit at law pr in puity, thtreFore or thereafter begu~, may be prosecuted if all nwntys tecured hereby
, had matwed p~w to its institution.
T. Th~t In the event that ~t the be9inn'u~g of or at any fims pendin~ sny wif upon this Mortgsge, a ro ioracbs. ir, w fo roform it, or to enforn
paymcnt of ~ny clsims hercunder, said MORTGAGEE shall apply ro the CouN having jwisdictio~ Iher~of for ~he appointment of ~ Receiver, sucF~ Court shall
forthwith ~ppoint a receiver of said mortg~yed property all and singvlar, includ~ng all and singular tia income, profits, iu~ts and revenws i~om whetever
w~rce derired, each ~nd erery of which, it be~np ezpressly vnderslood, a hercby mwtgaged a if tpecifitally s~t forth a~d dewibed in tlx praming +nd
habe~dum d~uses hereof, and suth Receive~ shsll Mve •11 the broad and eNectiw funa~ona ~nd powas in anywise entrusted by a Courf 10 ~ Reteiver, and
wch appointment aAall be made by such Cour1 as an admitted equity ~~d a matter of _absolute riyhl to said MORTGAGEE, snd without rofererxe ro the
adequacy or inadequacy of the wlve ot fhe properry mortgsged w to Ihe wlvency o~ imolvency oi said MORiGAGOR w the defendams, and that such
renrs, profits, incort~e, iuues and rovenws sh~11 be spplied by such Reteiver stcording to the lien a equity oi said MORTGAGEE and the prattite of suth
Court.
8. To duly, promprly and fully periorm, d'ixMrge, execvts, effcd, complete, comply with and sb~de by eacb and every tM sNpulatioos, sgrceme~ts,
condi~io~s and covenanta in u~d promissory not~ .and this mat9ag~ set foith. _
9. Th~t in th~ event the owne?sh~p of th~ mortgaped premises, a any part thereof, becwnn wsted in a person otMr th+o ~he MORTGAGOR, the
MORTGAGEE, iri wccessors and auigns, may, withoirt notice to the NIORiGAOR, deal with s~rch iuccessor or su~cesso? in interesf with reference to thi~
rr.o~+gaye and the debt hereby secured in th~ same mamar as with Mortgapor withovf in ~ny way vitiat;np o? discharging the Morty+gon' Iisbility herr
u~der w upon the debt hereby aecured. No u{e of Jh~ premisq bereby mortqsyed and no f0rbearenc~ on ~hs pM of ~M MORiGAGEE w in successors
or au?gns and no extension of the time fw the payment oi the debt. ile~eby secured piven by the MORTGAGEE or its suctessors a aui9ro, shafl operate
ro relea~, discharpe, modify ch~nge w affect 1hr uipinal 1'iability of IFw MORTGA<30R !»reiA, aither io wiwle a in part.
10. h is speafiully agreed thsf Iirn~ is of Ihe euence of this ooriMSCf and tlat no waiver of ~ny obligetan hereunder or of the obligaYan sr
cured hereby sMti at any time thtreafter be held to be a waiver of the ternu hereof a of the instrumeM set~red herby.
11. In add~tion fo the forego:ng monthly payments of princ'pal a~d interest required by the prom~ssary note secured hereby, mortgagar covenanis
a~d eg?ees to p~y to mortgsoee with each momhly payment an ~dd~rional sum estimated ~y mortga~eee to be equal to 1/ 12 of the annual cwt of the fol{ow-
~ng:
A-All real property taxes kv~ed or asussed against the sbove dewibed real estate.
e
B-Premiums on tire and wiAdstu~m insura~te ~s herein requ:red ro be ca?ritd on the improvements situate on the sbove dsscribed premises.
C-Premiums on such morlgags gwranty iruw~noe as mortg~gte ~fiall frorq time to time deQm fit to orry on the bsn secured hereby.
Mortgagee shall from time to r~me notify.,mortgagor in writirg of ths amount due and payabb hereunde? snd such surn shall therevpa~ be due and
cayable on the due date of the next monthly payment and exh suttessive montb tbereafter until mortgagee shall notify mortgagor of a change in s~ch
~ a-:ount. Such s~ms sieaii be applied by mortga9ee toward the payment of real property taxp, inwrance prtm:ums, and mwtgage guaranty insurarxe
f p•emwms.
f IN WITNcSS WHEREOF, thp ssid MORTGAGOR has herounto sef his hand a~d sesl the day ~sr first a essid_
~ Siyned, Sealed end delirer~d in the presente of: / ~/~~~d~ '
~ _ ppEp lJ ~5~•p ,
` ~°ai~ cov+~i~r FlA u a~' ~ ,4
~~~w a PO~t1u5
_ R~ CE ~ HGU ;
- ~ G y~. C, ~j t'~~ CouP ~ att i L. ~Barber hf s wife ~ ~ ;
~ i
SiATE OF FLORID~• ~CIB r ~ ~f ~O
~ I1 4`' AN~Z~ -
cour~rY oF
Pau 1 Bazbez
Before me personally appeared ~ '•and
Pattf L. Barber ' ' ~ ~ ' " ~ -
hi~ wife, to me well kniwQ:
at~!'1wawA:
to: me to bi..
tne individvats described in and wta ~xec~ted the for ie?itrurn~et, and ~ekrwwkdped before me that they execvted 1~, j~!*e~iol -t~N gur~oMS
~:.1 Pet~ L• gB~Zb@1 ' r ~ . _ ~i'~• . c~
ff~e!ein !l[PfKild. /~Ild t~l! j,,,= ~ ~ -
Paul BasbQr ° -
w~fe of the ued Op4n ~-~parita ~l~d ~fiW~[~ _
exam;natwn by rrK taken teparats and apan from her said husband, ~dcnowledped to and befa~ me tMt s}ie executed wid tkstryment.ff~ely and volun- '
r3~~iy and wi~hovt any compulsion, ca+straint, ~ppreF~ens' or feu of or from ha s~id ~d. , •~~`,,;T
WITNESS my ha~d and offici~l seal this - 17AZ '
~ day of A. D: .19~.~` .
~ ~Q.~JC.[~ i
~ Motary blic in and fu the State of f{orida ~t LuQe
My Wmmiuion ~xpires: i
~ Return To: ~ ~
Fint Federal Savings 3 tosn Astociat"wn . { • , -i ~ '
Of fo•t P~erca : i'.;i~it:l`a~1':`; Ex'r~F: '~~1 ~
~ ~ }
Fort Pierce, Florida ;'.N~ED 7Nitv^U: kti ~Jf: . ~ .c ;.RP.Y. . ~
" " i
This Instrument Prepared By Donald B. Hughe s
First Federal Savings 8 loan Association
of Fort Pierce,
Fort Pierce, Florida 33450 d~OK~_ PACE Vt3V
~necked By •
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