HomeMy WebLinkAbout0555 3. Ta pixa ir~ti ni rst~wu:;s~y iaap ~ s:~r. C~i'a;r.~s r.zar x ha:rai+st seh:sis or sa:d ta:+d a++s# w.. ei; a.s,,;~
~,a•-•r s•-~i ~+assr,~~!!y co:-~rad 5y tF9~ me*?4-
+g~. wi~h ~11 p~m~um~ the~eon pa~d u+ 1u11, lu~ insv~~nc• io d» uiw~ uand~rd poGCy fam. in • ium ~pp~ovcd by ~he MON~GAGEE. e~~d winds~wm
~niu~~nc~ in tM usu~l •iandard poi;cy lwm, in a s~m ~pprov~d by ti+~ MORTGAGEE, ie ~uch company w comWnl~s u~h~ 1aWR~GAGEE may
dirKtt ~nd all (ir~ and w~rul~torm insur~nc~ POIiCN~ on any oi faid build~~pt, ~ny Inltr~~t tl+~rtin w pul thaeol, in IM aflqre9~~e fum alwtsaid w
in uceu IhHeof, ~MII coMain ~h~ uswl atandard ma~y~qM cl~us~ a such o~hM d~uu ~f IM MatyapN m~y requ~r~. me~inp tM b~s und~. fa~d po~i-
cit~, ~ath u+d •ve~y, payabf~ to uid MORTGAGEE q itt iMt~eft may ~ppN~. ~nd ~ath and w~ry such po~~cy sMll b~ promplly ati qned ar+d de~tv~r~d ~o
~ny MId by ~aid MORiGAGEE ~i fur~hN securify to ~aid mor~yp~ d~bt, and, ~01 I~u ~Fwn t~n (101 day~ i~ ~dvanc~ of ~M •~pi+a~+on of e.ch pot~cy, to d~-
I~ver to aid MORTGAGEE s ra,swal thereof, top~~1+N with a t~ctipt iw IM premiwn o} ~uch r~newsl; ~~d ther~ shatl ba no f~re or w~~di~orm iniuronct
pt~c~d on sny ot faid b~,ild~ngi, any i~tereit lhtrein a psrt tMr~ol, vnlea in tM form and wi~h th~ lou pay~ble a~ •foressid; and in the •vent •ny tum
of nwn~y becomss payabl~ under such polity or policie~ Wid MORTGAGEE ~MII Mw rM opt~on ~o rec•ive and ~pply fhe s+me on accoum ot the i~xieb~ed•
neu sttur~d hsr~by or ro permit seid MORIGAGORS to ret~iv~ ~ad ut~ it a~ny psrt thercoi fa othc~ purposes, .v~iFou~ th_~. u1 w::~.~:~~ cr ~mpair- „
inp any p~i~y, lie~ a.ph~ vnder a by vi~tw of this ma:paptt and in tFr ~wnt qid MORTGAGORS tMli fo~ +~y .eawn fail to keep tl+e s~~d premiaes w
insured, o~ fail to deliver promptly aoy of w~d pofKiei of iniurant~ to ssid NIORTG/?GEE, a fail promptiy to pay fuily any prc~~~i~m ihe~efw or In •~y
respact lail ro pa(wrn, diicharge, execute, ~Hect, compl~ts, comply with ~nd abid~ by ~his cov~~am, or a~y p~rt hereoi, sa~d MURTGAGEE may place +~d
paY fa ~utF~ insuranc~ w any part tMreof withoul waivinp o~ ~f(tttinp ~ny option, li~n. puity, a ~iyht under or by virtw of this Mw?gag~. and the
t~ll amount of exh ~nd ev~~y ~uch payment thall immediately dw and qyabl~ ~nd iMll be+. im~res~ irom ~M dat~ thereo( uniil pa~d ~t ~M rate of
nme per ce~tum pa ~nnum and to~ether wi~h tuch i~tereal shall be setur~d by tM lia~ o( thif mottype.
1. To p~rmi~, commi~ or suflN ra wut~, knpairmeot w d~~aria~tion of Nid propt+fy w My p~r1 thereof.
~ 5. To pay all ~nd sinpulx tFw costs, chup~s ~nd ~:pK+us, irK~udir?p i rNfOn~bl~ anomey's fes and costs of ~bstrec~~ of titls, incurred w paid
eny time by said MOR1GAGfE, becauss w in tM ~v~nt oi tM f~ilur~ on 1F?~ paM of tM s~id MORTGAGOR lo duly, promptly +nd fully prr(orm, d~uharq~,
execute, ~ff~ct, compl~~e, comply w~th ~nd abid~ by ~ach and ~v~ry ti+e atipul~tiora. preemenrs, conditions. +nd covenanb of said promissory not~ and ~his
mwegage any w ei~he~. and ~a~d costs, char9e~ and expe~ses, eath and wtry, ihall bt immediately due ~nd payable: whether w~+ot rhe~e be not~ce d~
mend, attempt to co1kN w suit pe~d~rq; and tM f~ll amoum of each ~nd wery iuch paymem shall bea~ interest trom the da~a thereof until paid et the
rate oi nine per cent~m per annum; and all ssid costs, charyq and expen~es incwred w paid, toyetF~er with iuch iMerest, shall be setured by the licn ot ?hii
motly~yf.
6. That (a) in ths event of any breach of this Monpp~ w daiault on tFr pa?t of the MORTGAGOR, a(b) in the event any o~ ss~d sums of money
herein reterred to be not pranptly and (vlly paid within thuty (3p) days neat sfter 1he same uveratty become due snd payable, without demand w notite.
or (c) in Ihe event each and every ~M slipvla~ions, ag~eements, cond~tions a~d coven+nts of sa~d p~omiswry note and th~s mo~tgage any o~ e+ther are not
iuly, promptly ~nd fully perfamed. d~xharged, executed, effected. compl~ted, complied with and ab~ded `~y, then in e~ther or any ~uch eveM Iha sa~d ag~
grcgsts wm mentaned in said promissory note lhen remai~ing unpa:d, with i~terest ~cvued, and all ma~eys setured hereby, shall betome due and p+y-
eb~e forthwith, or therealter, at the op~~a? of said MORTGAGEE, ~i fully and completely ai if aIl of the said sums of money wcre or~ginelly s~~pu~ated
to be paid on s~ch day, anything in sa~d prom~uory note or in this Mortgaye to the contrary r?otwilhstanding; and fhereupon or Ihereafter ai the op+~on of
se~d MORiGAGEE, without norice w dsmand, suil ~t law or i~ puity, tF?er~iwe w thereafter begun, may be prosecuted as i( all moneys secured hereby
nad matured prror to ~ts ins~iwtioo.
7. TMt in Ihe event that ~t the beginniny of Or at a~y tim~ pe~ding any sui! upon this Morty~g~, a to fo?eclose it, ot to reiwm il, or to enforce
paymcnt of •ny claims hcreunder, ssid MORTGAGEE shall apply l0 1F+e Coun h~ving jurisdKtion thereof for tFx appointment of s Receiver, such Coun sAail
fo.thwith appoint ~ receive~ of said mwt~aged property all and singul~r, includ~ny all and sinpul~r tM income, profits, is~ues and rwenues from whatever
so~rce de?ivrd, e~ch a~d every of which, it be~np ~xpreasly u~dera~ood, is hereby mw~gaged as if tpac+fiully set farh snd desa~bed in the 9ranting end
habendvm dauses hereof, and s~ch Receiver shall Mve all ~he b?osd ~nd effective funct~ons and powen in anywise emrusted by a Court to a Receiver, and
s~~ch appointment shall be made by svch Court as an admitted equity ~nd a matter of sbsolute ~ight to s~id MORTGA6EE, snd withou~ refererxe lo the
edequaty a insdequacy o} the ralue of Ihe property mptgaged or lo the solvency or insotvency of said MORTGAGOR a the defendaMa, and that such
re~~s, profits, income, iuues and revemws ~hall be applied by such Receiver ~ccording to the lien or equ:ty of s~id MORTGAGEE and the practice of such
Court.
8- To duly, promptly and fvlly pNiorm,_ diuharge, execute, effecL complete, comply with and abide by each and every the stipulations, sgreements,
ce~d~trons and covenanrs ~n sa~d promissory note and tb~s mortyage set fwth_
9. That in the eveM the owne?ship of the morfgayed prsmises, w any p~rt ihereof, becomes~vested in s person otFxr than the MORTGAGQR, the
MORTGAGEE, its successws and sui9ns, may, without no~]ce to the MORTGAOR, deal wi~h such successor w successo~ in interest wi~h reference ~o th~s
n~o•~gage and the debt hereby secured in the same manner ~s with Nbrtgagor without in ~ny way vitialin~ p discharging the Mortgagori liabi;ity herr
~r~drr or upon the debt hereby ucu~ed. No sals of the prem+se~ hereby mortg~~d ~nd no fwbearante on the psrt of the MORTGAGEE or its successws
cr ass~gns and no extensan of tF~e time fa the payment of the debt hereby secured piven by tM MORTGAGEE or its successwa o? ass:gns, s~iafl operate
ro re!ease, d~uharge, mod~fy change or affect the wi9~~al liab~l~ty of ~he MORTGAGOR M~ei~, either in whole or in part.
10. It is spec~ficafly agreed that time is of the easence of this contracl and thst no waiver oi any obligatio~ hereunder or of the obligaYan se-
c~red hereby shaU at any rirtx lhereaftet be hebd to be ~ waiver of the terrta hereof o~ of the inshvmeM sec~red herby.
{ 1. In add,tio~ to the forego:ng monthly paymanrs of princ"pal and interesl required by the promisw~y nore secured hereby, mo~tgagor covenants
~~d ag~ecs to aay ro mo~tgagee with each monthly paymero an add~rional sum est~mated by mortgsgee to be eq~ai to 1;'12 of the annual cost of the fofiow-
3:
A-All real p~operty ~axes levied or assessed agai~st the above desuibed real estate.
B-Premiums on f~re and wi~dstarm insurar.ce as here~n requ:red to be carried on the improveme~ts situate on the above d~scr~bed premises.
C-Premiums on such morrgage guaranty insursr.ce as mortgagee shsll from time to time deem fit to carry on the loan sec~red hereby.
AM1w~gagee shall from time to Kme notify mortgagor i~ writing of the amount due and p~yable he?evnder and such sum shall fhereupon be due and
I~ ;~~~ble on the due dare of the next monthly payment and each successive month thereafter urtil mortgagee shall notify mortgagor of a change in such
~ o~nt. $uch sums sha:f be applied by matgagee toward the payment of real property taxes, inwrance prem:ums, and mortgage guaranty insurance
~ .,•emiums_
I IN WITNESS WHEREOi, the said MORTGAGOR has hereunto set his hand snd seal the day and yesr first foresaid.
E Signad, S~sled ant! delivcred in the p~esence of: ,
I , ~ ~
~ - Cat erine' L. Cuker, a s n ~dult
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- - ~s~ai~
- (SeaO
5~ ntE OF FLORIDA 1
l ~
COUNTY Of St. Lucie i
- ~ !`gfhS2+i no T. _ /`.i~ro» t~ ai r~g~A Arj~]~ ~ ~
uc.~w~ iiie yc:~nwi:j ojiy2o:ca+ _ _ _ _ _
~Fds-*Afr to me well known and known to me to be
rhe ind~vidvsts dexr~bed in +nd who executed the fwepanp instrument, and acknowled9ed before me that they executed the same for the purposes
rherei~ expressed. ~pdit~a ~eid
.u ~ie.d. ~ ~+id ~t~. awi }rira~e.
caarai+atio4 by-s.v.`°~--~~::wl ~.~pa~a ir~n? ~sr wid.iws~a~d~ ~cMn~wf~sei b-ewd•~ei~rt w~t ~Mersl~e-exeev~.d asftl~ws~r~wi? Frael! end ~den~
~ ~Y- ac+d arriiF~ut ~ny s~yrt~iow~ .c~»eraiMr.a'rr~yiow~ ~a.o~ ~r.4Aw~ ~ ~aid-Fwnbsedr
W17NES5 my hsnd snd officisl seal thi day of A D. 19_~
i
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Not~ry Pu Gc i~ and i t t~te of Florida ~f larye ~
P; My Commission e~cpir : '
~ Retum Ta. ~ Tiotary Pc~1~:. Sta!. of Florl~a ol larg~
~ Firtt Federal Savings a loan Association ASy ~o~,a:;s~an E~;~~+cs Jv:y 22, 1977
~ Of ~ort P:erce. ~
don~3ud by lur.e:i:on F,re d~ Cosvottr Co.
Fort P~erce, Flo.ida ~
~ • 3682~$ . . :
~ r red B i UO 01~E60R0E ~
This Instrument P epa y J. Hel Foberts, Jr.,~#.~~~ COt11i~Y f~ _ ?
F~rst Federal Savings 8~ Loan Association ~p~TR~ _
~ of Fort Pierce CI.fPK CIRCUIT ' L~ ~
~ Fort Pierce, Florida 33450 , ~ :•n ~n ;IEP+t1ED ~ • • , _ -
_ 'e~kCC! BYQ~Q ( N 3 2 5a ~ ~ . ~
~T_-? JU ;
~ , • ~ .
R ~c~ '
BOOK ~.lJc7 PACE ' St)c) _ #
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