HomeMy WebLinkAbout0093 3. To pl~a u?d conti~uously kHp on th~ buitdinps now ot Mna(~K 4~wk or sud I~nd a~d on cqv~pmeot a~d pNwrully co.~ed by t1+i~ ewn~
~g~. wilh all psmiwns ~I~trwn pa~d in (ull. (i~~ insur~nc~ m th~ uw~l iaadad poticy form. in a sum appro~~d by tM MORIGAGEE. and w~~roim
in~vr~nt* in tM uswl ~~andud po1Ky fam, 1~+ a s~m ~pprord by tM MORTGAGEE, in wch compiny w compan~es q tM lNORiGAGEE may
durtt; and sQ fir~ a~d wi+?d~torm ir?wranu pa::c:at on say oI isid bu:i~:~+ps, u+y 1nlsro~t ?here~n 3r fiart :F~areof, in tlu ayy+c9ift wr+ afatu~d a -
In ~xc~u Il~~of. ~II con~ain ~M ufwl s~w+dud morepa~ clavf~ a such whM claus~ as tM Ma~y~y~e m~y rpvu~. ma?"a+p t~ ~oss unde~ ud po~i~ .
u~s. Nch ~nd ~vay. WYabl~ ~o said MORTGAGEE a~ts inhreil may ~pp~ar. and each and ~wry sucA po~~cy ~F+all b~ p.omp~~y ~ss pned ~nd d~livaed ~o
•ny Mld by ~aid A110R1GAGEE ~s (urtha ~ttwity to s~id mor~qp~ d~bt, and, not Mu th~n ~~n (101 days in adva~ce of tFw ~apiratron oi e~ch pol~cy. ro dr
livt~ fo uid MORTGAGEE • r~new~l tM~eof, top~~Fw~ with a reuipt fa tM premium o! s~th renewal; and ~fwe shail b~ np fa~ w wind~eorm ~nwra++ct
plac~d on any of tiaid buiWinp~, any ln~atfl tM~tin or put tMrwf. vnless in tlw form ant! wi+h IM Iws payablt u ata~uid; and in tM cv~nt •~y sum
of mon~y b~cpna payabl~ undN wch polky a polKi~s s~id N10RTGAGEE shall Mw iM opt:o~ ro rec~i~e ar+d appy tM sam~ a? +ccount of rF?~ indebted~
n~u s~cwed Mr~by w b ptrmil uid MORiGAGORS to reteiw and uN if p~ny part thereof for ofner purpcses. waho.it ~h~.cbi waivi:~ o~ ~~npa~r-
in9 any pu~ty, I~ a rghf und~r a by virtw of this mortp+p~j and in tM ~vMt ~ud MORTGAGORS shall fa any rwso~ fa~l a te.p ~h. •.~d pre~+on w
insured. w fail w d~liver promptly u~y o( said policies of inwr~nu 1o said MORTGAGEE, a fail promp~ly to p+Y (u~lY any premwm the~efo. a in anY
respecf f~il b pKtorrn, diuMrge, execub, e(fM, tomplN~, comply wifh u~d ~bid~ by this cov~~ant, a~ny par~ hereoi, ~a~d NWkiGAGEE m~y p~ace •na
p+Y ta such lmurancs or aoy put fh~reof without waivirq w~ffactinp any option, IiM, pu~ty, a ~yhf unde? o. by v~rtw oi rhis Ma~9a9e, and thc
t-~II ~movm of each a~+d ewry wch paym~nt shall b~ immed+al~ty dw +nd piyabl~ ard sFwll bear in~ere?t irom tM dar~ theaof until p~~d a 1M rare ot
n~ns per cenrum p~r aanum end ~oge~her wi~h such imaest ~lull be fecured by th~ li~n oi this rnwt9a~e.
1. To p~rmi~, oomrni~ a wfft~ no wat~, imp~irment a d~t~.iaation of said prop~rty or any pa.t the.eof. ~
S. To pay a~l ~~d unpular tM cosn, chup~s and expMSes, indudinp a ~easonabt~ atto~ney'~ fee ~nd cos~s of abstracn oi tcNe. 'v~cv.red w pa~d a~
any time by sa~d MORTGAGEE, becaus~ w in tM ~wnt of tM failw~ on th~ part of tM said MORTGAGOR ro duly, prompely and futFy parfonn, d~~cha.g~.
execut~. eif~ct. complete, tomply with a+d ab~de by ~ach u~d wMy tl+s ttip~l~tiona, ~yree~r~ts, cond~tioro. «+d aovenants oi sa~d piom:ssory note and ih~i
mortgay~ any w eithar, and sa~d coifs, charyes and ~apenses, each and wery, ahall b~ wnrmdiatcly dve and payable: wFxthcr a nof there be norice d~
mand. ~nempt to collact w ~uit pend~npt and tht full arnount of e+ch ~nd ewry wch paymem ~hall bca. imereu from Me da~e ~hsreof until pa~d at ~hc
ra~e of nine per centum per aruwm; and all s~id costs. chargcs and exptnses incwred or pa7d, ropether w~th iuch imerest. sh+ll be secu~ed by tht lien of tha
mor10+~• . .
6. Th~t (a) in the ~vent of any brtach ot this Mort9ap~ w dafautt on th~ pa.t of ~he MORTGAGOR, a(b) ~n the event ~ny oi sa~d svms of nwnt~
herein referr~d to b~ no1 promplly and (ully paid wilhi~ thirty (30) dayt neal after Ihe same xvera:iy become dve and payabk, withoul demarx! ar n:.tite,
or (c) in the evem each a~d every tF+e stipulstioos, ~gre~m~nts, conditio~a a~d coverWnts of sa~d p.om~uo.y no~e ar+d th;s mor~ya9e any or e~~he? are e~o~ .
iuly, prompdy ~nd fully ptrfwmed. d~scharged, exswted, ~f(ected. completed. comp{~ed wi~h and abided yy. ~hen in e~rher a u+y suc!? went the s+~d ag
preyate wm mtntia?ed in said promiuory nott thtn temaininy u~paid, wifh intersal acuuad, and all moneys secured herebY. shall becoreK dut and p~y-
ebte fathwith, or thereafter, ~t tht option of s~id MORTGAGEE, es fvlly and completely as if ~U of ?he sa~A sums of money were org~n+lly st~pu:~red
to be paid on such dsy. anything in uid prom~ssory note a in this Nlortgaye to the contrary notw~~hstsnd~rg: and thereupon a thereafta » the ope~on of
~a~d MORTGAGEE, without no~ice w demand, w7t a~ law w in puity, therefwe a thereaher begun, may be prosecured u 7f all moneys secwed hereby
had matuted ptWr to iri institution.
7. That in the event ~hat st the beginniop of or a~ u+y time pentl'iny any wit vpon this AAortgage, or to iaec{os~ it, or to refo~m i~, or to enface
paymsnt of any claims hereunder, uid MORTGAGEE shall app~Y to the CouM haviny jwisdK~ion thereof fo. rhe appo~mment of • Receiver, wch CouM shall
Forthwith sppoint a receivt~ of said matgaped properfy all and iirgula~, intlud~ng all and singular the ir.come, prof~ts, iawes s~d revenves from whatere~
iou~ce derived. each and every of which, it beinp ~zpreuly u~derstood. is hereby morrgaged as if spec;fically sef forth and described in the prami,+p ~~d
i~auc~wvm Lievaes nerNi, ~rwi lvcn ieKf/vOf NNiI M~1O ~i1 In0 pW0 if10 l1iK7tvC iVrKiWnf ~nO POwt1~ In il~YN11! M1lYitCO Or a LOY~t f0 ~ ~tKltVN. i~10
s~ch appointmen~ sMll be mad~ by such Court as ~n admined equity aod a rtitte~ of absolute r~ght fo said MOQTGAGEE, and wifFwut referer~ce w the
edequaty a inadeqvacy of tM valve of rhe property mor~g~9ed or to the wtvency or insolver+cy o( said 11RORTGAC,OR p the defe.~dants, and ~hst such
renrs, profiq, income, issues and revenues thall be ~pplied by such Receiver xcwdiny to tAe tien w equity of said MORTGAGEE and the practice of such
Court. .
8. To d~ly, promptly and iul!y perform, discha~g~, execute, e((etL complete, comply with ~nd abide by each ~nd every the stipu4tiona. ~greemcnb,
condi~ans and coven~n~a in sa~d promissory note and this mortga9e nt fwth.
9. Thst in M?e evem ttN ownenhip of ths mort9aQed premises, w~ny puf fF~eof. becanes vested in • pe~son other thsn fi~e MORTGAGOR. the
h10RTGAGEE, iti succeuors end suigm, may, without notite to the MORiGAOR, deal with such s~ccessw u succeuor ~n ~nterest w~~h rcfercrce ~o thia
mortgaye and the debt hereby ~ecured in tM same maruKr u with Mortgapw without in any way viliatirg or d.schsrging the Mortgagws• Ii~bil;ty h~re-
under or upon the debt hereby secured_ No sale of the premises hereby mwtgaged ~nd no forbearance on the part of ~he MORTGAGEE a its successon
or assigns and no extension of the time fw the paymeM of the debt hereby secwed 9iven by Ihe MORTGAGEE w its sutccssors a atsigro, s~`r!t operatt
~o releax, diuhar~e, n?odifY change w aftett the org~r?al tiaal~ry of the MORTGACsOR htrein, either u~ whok or io pa?t.
10. It is specifecally aqreed that tGme is of the cssence of thii co~trad a~d that no wsive? of any obl~gae'wn here~r~der ov o( tM obliyat~on tr
cured henby sMll at any time thereafte? b~ held to be ~ waiver of tFw terms hereof or d the instrurnent secvred hsrby.
i i. in aod~~~on to ine iweyo:~,y monfhiy ~~m,ems of P.in~ pa1 ~nd interest required by t1+e prom~ssory rwre secured hereb~. mostgaQor covenanrs
a~d agrees to pay to mortgagee with each monthly payment an add~rion~l sum estimated by mortgagee to be ecjua3 ro 1;' 12 of the annual cost of the follow-
:ng:
A-All real property taxes kvied or assessed a9a~rnt ~he above de:cribed real estafe.
B-Premiums on fire and windstorm insurarce as herein requ~red tp be carr»d o~ the ~rt+p~overne,~n s:~wte on the sbove dau~ibed premises.
C-Premiums on such mortgage gwranty insurar.ce as mortgagee shatl from t~me to time deem fit to carry on ~he loan secured hereby.
Moregagee :haR from t~me fo t~me notify mortgagor i~ writing of the smouM due and pay~bk herevnder and s~ch w+n shalf thereupon be dve and
; ayable on the due date of the next monthly payment and each suctessive rtwnth thcreafter ur,~il mortyagee shafl not~fy mortgapor of a change in such
a~•,ount. $uch wma shail be applied by mortgagee toward the payment of real property taxes, insurance prem:vms, and morrgage guaranty insurance ` .
i o~emiums. .
tN WITNESS WHEREOF,. the said MORTGAGOR has hereumo set his hand and seal the day and ye fir afottsi .
~ Sgned, and delirered in Me presence of: "
~ ~ (Se+~
f ~ q
- . ` '-z~ c
- , - , x.r,
o ~ roth . Couture
STkTE OF FLORIDA t ~ - }
COUNTY OF St . Li1C1@ t u- :1i`~, ~
1 ;G~~,.
Be(ore me personally appeared W~ZZ1d3II .J• Couture ? ~
Dorothy G. Couture ' -
rhe individwb desuibed in and who exa~ted the fw i~strum~nt and ackraw h" `""fe, to me ~slt ` :~ed #qq~,by+e 1o bt
e9oiny ledged before me that they e~fep~tfd ~tAe fo! th~pwposes
,~,e«;,, exa~„~a. A„d ~F„ Dorotfiy G. Couture .?.f , ~ . ~ ;
William J. Couture - • * : - ~ .
++~fe of the said s y~~d pirvat~
e*am~naiwn by me taken uparate and apart fran her said huibar.d, ~clcrawledQed to and before me that ahe e:ecvpqc~ ~nd vduo-
ra~~ly and withovt any compulsion, tonstrainl, appreF~ension, or f~ar of or from her aaid husband.
+?~~:r~+«'"` A. D. 19 ~ %
~ . WITNESS my hsnd and official seal this- 31 S t day of Ma s+
~ Nob Pub!ic in snd fw the State of Fbrida at LsrQe
~ My ission e:pires:
~ Return To:
Fint feder~l Savings b Loan Asyociation -
~ Of Fort P~eice. s~ ~ ~ V~ ~
For~ Pierce, Ftwida -
~ . M„ t~,;a, A~. 30. ~ao
h.... F.. a c...+. c......
This Instrument Prepared ByG~ry F. BllwoOd ~~~~~~~~g
f~rst Federal Savings & loan Association ~ p
of Fort Pierce CLEqK C~R~Ui1 COURT
Fort Pierce, Florida 33450 : YFttitlf 0
~Fi@Cked By - . ~~+-1 I 2 n9 PN'~~
UR~~
8rn;x ~ : ~ 3fi'7985 ~
mp
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