HomeMy WebLinkAbout0363 To p~~c~ •nd conlinuou~ly 4e+p o~ 1M bu~'d~ngt now a here~fhr tilu~l~ or fe~d ~and and a+ alt eq~lymene •nd p~~w~+~~Y cov~~cd by ~his mo+~g-
eg~. wilb dl prtmium~ ~herson pe~d in futl, I~r• inw~ance ~n IM u~wl ~t~nti~~d policy fo~m, in •~um sNpro+ed by the MUk~IiAGEE. a~~d wi~~di?am
mivwnc~ tn tM uswi ~+andard poLty fam, in a sum ~pproved by tM MORTGAGEE, in ~uch canpany o~ co~npan~es ~t ~l+~ MORIGAGEE msy
derKlj ~nd all fir~ •nd wtndaro~m inwranc~ polic~si a+ •nY ol ~eid build~npt, ~ny int~rotit ~hQrc~~ or par~ ~he~eol. in the agyre9~~e wm afaeiaid w
In ~xcest IMrwt, fMll cont~in Ih~ uswl uaoda~d mortg~yet d~w~ w such o~Mr cla~s~ ~s Ihs Matgsgr~ mey ~cqwr~. mak~np ~n~ ~osf urxler s~~d pafi-
u~~, ~ach ~nd •wry, pay~b~e ~o aid MORTGAGEE n~h ime~es? m~y ~pp~ar, ~ad avth and •very •uch po~~r/ sh~Il be promptly ass yncd and dcli.•ercd ~o
~ny Mld by sa~d MORiGAGEE u fur~Mr iccurlty ro s~id ma~y+~ debt, and, no~ Iss~ ~Mo ~en (101 d~ys in ad~+~~ce of tF.e ~rp~~~t~on o1 eacA pol~cy, to d~- .
livp 10 ~aid MORIGAGEE • r~newal therwl, topethK with • tete~pl fw Ihs pre~uium ol wch re~~we~; e~~d the~e shail be no ~~re or w~~dtiorm in~urant•
pl~c~d on My of t~id bvild~rgt, •~y inters~t ther~in ot pu1 thsreol, unle~s in ~he iorm •nd with ~he loss payab:e as afo~essid; •nd in the •vent •ny tum
of mon~y becor++~s psyabl~ vnde~ such polity a polKi~s ca~d MORTGAGEE ~hall have ~M opr~on to reca~ve and appty tha sa~ne on accoun~ ol ~he fndab~ed-
r.ets t~cvr~d he~~by O~ ro permit wid MORTGAGORS 1o receive and us~ it w eny p.,~t thercol lur oti,~•~ pu•~,otrs. ...~~,o;~t ~hr~u~ ~na~.r,g or ~~up„~•-
+ng any eqvity, li~n w~iqht ur~dN or by virtw of ~his mortqaq~t u~d in tl?~ ~rent sa~d MORiGAGORS sha~l ta •ny reason fail fo keep ths a~d p~emiu~ w
infu~ed, w fail to dalive~ promptly any of said po~icies ol inaur~nce to said MORTGAGtE, o~ fai! promptly to pay fuily eny p~e~~~~um therefo~ a in a~Y
re~pect fail 1o parfwm. d~~ch~r9e, •xetuts, ~f(tct, comp=ets,tomply with and eb~de by thy cove~an~, a sny part hr~eof, sald MGRTGAGEE mey p~ace and
pay fw ~uch inturanc~ w~ny parl therwf without waivinp a affectiny any option, lien, eq~~ty, or ~~ght under w by v~rtu~ o~ thi~ Mo+fgage, and the
full ~mo~nt of eatA and ev~~y such paymen~ ih~tt b~ ~m~nediately dw and payable a~d ahall bea~ ~ntcre~~ Irom tho date thercof un~il paid e~ ~he rota ol
mne p~r centum per annum and to~eihe~ wi~h wch interes~ shall be tecwed by ~hs lien of this mat~age. ~
To p~rmlt, commif a wfft~ ~o wule, Impai~ment a dNerarstio~ of said property or a~y parf thereof.
S. To pay all ~nd tinpvlu th~ costs, charges and expenscs, i~xluding a reesonable attwnev't fee and cos~s of abstracts o1 title, incurred w pa~d at
eny time by ~aid MORTGAGfE, ~et~us~ a in the ~vsot of the failurs on ~M parl oi tM said MORiGAGOR to duly, promptly ~nd fully peiform, d~xharge.
e.ccut~, effed, complet~, comply wilh ~nd ~b~de by ~~d+ ~~d sve?Y ~he s~ip~+lat~ona, agreements, conditions, and covenants o( se~d promissory ~ote and ~hii
mortyapt any or eithe~, +nd sa;d costs, charyea ~nd exper+ses, each and every, shall be immrd~ately dve and psyable; wherher or not there be no+~ce dc
mand, attempt to coltect a suit pend~rq; and the full ~mount of cach and erery such payment sha~l bea~ inrcres~ from ~he dare thercof unii~ p+~d a1 the
~~re of nine pe~ cer.tum µer am.um; and all uid costs, charges and expenses incurred w paid, togr~her ~v~th s~ch interest, sMll be securcd by the lien of thh
morty~.
6. Th~t in the event of any breach of this Mwt~sy~ o~ defaulr on the part of tFx MORTGAGOR, or (b) in the evenf sny o( sa~d sumi of money
herein referred to be not promptly and fully paid within thirty (30) days next ai~er rhQ same seve~a:iy become due and ~ayable, without demand o~ notlce.
o~ ~cy in the event e~ch ~nd every~ tn~ slipuiations, ~greementi, tonditions and cove~ants of sa:d pron~isw~y note and th:s mo~~gaye any w either are not
~uly, p~omptly u~d futly perfamed, d~xMrged, exetuted, elfected, compkted, compt~ed wi~h and abided Sy, then in e~iher or any such evenl the sa~d ag-
gregate sum mentioned in said promiswry note then r~maining unpaid, with intere}~ accrued, and asl moneys secvred hereby, shalf bccome due and pay-
ebie fwthwith, w ~hereaire~, at the optian of said MORTGAGEE, as fully and comple~ely as ii ail of ~hr said sums of money were or~ginaily s~~pu:efed
to be pa~d on such day, anything in sa~d promiasory ~ote w in ~his Morrgaye 1o the contriry notwithsta~d:.~; and thereupan w tF.crcafter at the opnon of
said MORTGAGEE, without not~ce o~ demand, suit ~t law or in equ~ty, theretore or therea(fer begun, may be prosecuted as if •II mpneys secured hereby
nad maWrfd pr~W to ds inslitW~on. .
7. Thaf in the evcnt that at the beginning of w at any time pending any su~t upon th~s Mo.tgage, w to fwedose it, or to refwm it, or to enforce
paymeM of any cla~ms hereunder, said MORTGAGEE shail appty to the Court having ju~isd~c~ion thereof tor the appomtment of s Receiver, tuch Co~rf sMil
Forrhwith sppoint a receiver of seid mortpa9ed property all ~nd :inyula?, inc~ud~ng a11 and singuiar the income, prof~ts, issues and revenues from whntever
wurce derived, t~ch and every of wh~ch, it beiny express~y unde~stood, is hereby mortgaged as if spec~~~cally set forth and dcurikxd in the granting a~d
habendum clauses hereof, and s~cfi Rcceiver shall Mve all the b.oad a~d effecrive funcr~o~~s and pe.~ers ~n anyw~se entrus~ed by • Court to s Rece~ver, a~d
i~.ch appointment shall be made by such Court as an admined equity and a ma~ter of absolu~e ngh~ to sa~d MORiGAGEE, and wi~hout reference to tf.e
adequacy w insdequacy of the wtue of the properry mwlpaged w to the so~ve~cy or ~nso~vency of sa~d MORiGAGOR a the defendant~, and that such
re~rs, profiri, i~tane, iss~es ~~d revenues shall be appl~ed by such Receiver accord~ng to fhe I~en w equity of sa~d MORTGAGEE snd the praUice of such
Court.
8. To duly, promptly +nd fully periwm, d~uharge, e:ecute, e{fcct, complete, compty w~th and ab~de by each and every the stipulations, agreemenb,
condi?ions snd cov~an~s ~n u~d promissay note and th~s m~tgsge set forth.
9. That in the evenf the ownership of the mortgaged prrnises, o~ any par? thereof, 6ecomes vested in a person other thsn the MORTGAGOR, the
MORTGAGEE, its successo.s and aui9ns, may, without ~o~ice to the MORTGAOR, deal wi~h such succeuw or successw in inferest with reference to fhis
rt~ortgage and the debl hereby secured in the same manner as with Mortgago~ without in any way vit:ati~g or d~scharging the Mortgagors' lisbility herr
under or upo~ the debt hereby secured. No ule of she prem~ses hereby rtwrtgaged and no forbearance on the part of the MORiGAGEE or iti succesaors
or ass~gos and no e:te~sion of the time (a the payme~t of the deb~ h-reby secured given by Nx rAORTGAGEE or ~ts successors w ass~gns, s ull operate
to releau, d~xhuge, rtadify cMnge w sfiect fhe wgieal li+b~lity of the MORTGAGOR F~erein, ei~her ~n whole er i~ psrt.
10_ It n saecif'r_allv eareed tMt ttme is of tM essence of th~s contract and that no waiver o( any obl~gat~on hereunder or of the oblig~t'an sr
cured hereby shalf af any time thereafter be held to be e waiver of the terms hereot a of tlx instrument securcd herby.
11. In edd~tion to the forego:rg monthly payments of prin~ pal and interest requ'ved by the prom~ssory nore secu.ed hereby, mortgagor covenants
and ag~ees to pay 1a mortgsgee with each monthly payment an add~rional sum esum.ated by mo~tgagee to be eyual to 1;' 12 of the annual cost of the follow-
inq:
A-All reat property laxes lev~ed or assessed against the above deu~~.~.ed real estate_
g-o._~:~~ ~{;f. y..~ ;y~.~.r :.•s•.+a^c* ae l•~r.?n reqv:+~ M b~ canied on the tmprovements sitoate oa the above described premises.
C-Premiums on such mortgsge gwraMy inswance as mortgagee shatl from t~me to time deem f~t to t~rry on the luan secured iiereby_
' Mortgsgee sha0 irom time to time notify mortgagot in writing of the amount due and payable ixreundrr and such suT shall thereupon be d~e and
~ ~ayable on the due date of the next monthty payment and each succcssive mo~th rhereafter un~1t mcrtgagee shall not~fy mortgagor of a change in such
r ;,,,u. ,,.e.. :~r::~d .:.c,?tgagee toward the payment of real property taxes, ins~rance prem:ums, and mortgage guaranty insurance
~ ~•emiums.
i IN WITNE55 WHEREOF, 1he said MORTGAGOR has hercunto set his hand and seal the day and yesr first aforesaid.
~ Signed. Sealed and delivcred in the pesence of:
` E~~ ~t 4~ ` ~ Seaq
' `t~'~ _i n_ ~ ~ ~~l~iE~OU~P~~i~? ames . r , r. ~an
l~OCEp POiTRi~S t5eaq
r.~ ERiI CIRC111T C•..UtIT
~ . 1~~'FIE'J Y~ LL~LG~s~.. c_ ' - (Seaq
~!~f ~a~
r~n~.-K
rKi-~^
StaTE OF fIORIDA 1 ~ g 26 pN ~ 1 1
~
~ouNTM o~ 3t . Luc i e i 368140
~iae me persorwlly a sred J~.I~es A. Kirby, Jr. ~~d
~Iarion ~irby his wiie, to me well known-and'knpyYn,ro me'tq be
rhe individwb desuibed in ~nd who executed for anp stru t acknowledged before me that they executed:fhe~,la~1e for tlieVpitlpobes
~1°ar f~n f~~y ~ ~ • . ~ :
rherein expressed. And th~,,ssid ~c-t'F
i
+~~fe of the isid JBID93 . r y, I`. = upbn ~ stparate +nid p~.atr
e,am~natron by me take~ uparate snd apart irom her iaid husband, acknowiedged to and before me that she executed saitl-•jrp~jrwpen;heely and vbfuh-'
!a•~!y and w~lhout ~ny computsan, constraint, apprehens~on, w fear of w from ~Cr said huaband. : t^ :~7~7 `
de of a111T19 .1 S ~ bi0~ 6~ ~ A• 1.~
WITNEST my h~nd and official seal this ~ y
~~,Y'.~l_~(~`~l,'1~~-- 1(
~ _
Notary Pubiic in and for the State of Florid~.lt Lar~Q -
My Comm~ssion txpires:
'R Return To:
~ Notary PuW'K, St~lr. o! Fiorid~ st lNq~
~ f~rat Feder~l Savings 3 loan Association
Mr ComnMSSioe E~pires Dec. 27. 1980
a 01 Fort P~erce. ~
r ?afs-Q tt Axfaa.. iw~ i C~f.~sR. Co~M~ :
Fort P~erca Florida ;
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:
~ This Instrument Prepared By Joh21 '~1. Co2lins; Ch
First Federal Savings 8 Loan Association i
~ of Fo~t Pierce =
Fort Pierce, Florida 33450 ~
~
,=~ecked By ~ S
~ - ~ 01! ~AGf ~ ~
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