HomeMy WebLinkAbout0829 To pl~c• •nd cavi~vovsly kc~p on ~h~ bui!d~np~ oow a Mr~~fN? utu~t~ or e~id I~nd ~nd o~ ~II cqu~p..+om and pe.so~~11y ca.e~ed by ~hh mw~g
~9~. wilA ~I) pr~miumf thereon pa,d ~n futl. (i~~ intur~nt• in ~M wwl ~und~rd policy fam, io a sum ayWu:ed by ~he MORIGAGfE. •nd w~~~da~wm
~nw~~nc~ in tM u~wl •i~ndord pol,cy fam, in ~~um ~ppro~~d by Ih~ MORTGAGEE, in wch canpa~y o~ campa~~e~ as ~M MORTGAGEE m~y
di~Ktp •11 lir~ ~nd wind~arm inw~~nt~ pol~ues on ~ny of ud bviW~ops, ~ny inf~~est tM~eio or part Ihareol, in tM sgqrcy~~e wm •iae~a~d or
in •~ttst tMreol. tAall conbin IM v~wl ?tandard ma~q~yt~ d~ut~ or ~uch aM. d•u•. ~f tM Mwly~y~ m~y «qu~r~. mallnq ~M loif under sa~d pot~
ci~s, each aed •vNy, payebl~ ro s~id MORTGAGEE ip int~re~t rnay ~pp~a?, u~d ~ach ~nd ~vay wth pohc~ ~hall b~ promptiy us qneJ ,~~d de~~+rred ~o
•~y held by u~d MORIGAGEE u fw~AN tecv~ity to said moit9ay~ d~bt. ~nd. nW I~u tMn qn 1101 days in ~dv~nt~ ol ~Fv e:pu~~~on of each po~~q. to dr
hv~r 1o uid MORTGAGEE • n~?ewal tMrp(, topetMr with ~ ~~c~ipt fw the ptmium o( tuch ~enew~~; ~nd ~h~r• shall Ias no f~ro or w~nds~o+~n insura-+c~ -
plsc~d on aey of ~~~d b~~ld~r+ys. any interei? Ihertin or put Ihtrwf, uel~u le ~M form snd with ~M los~ pay~bl~ ai •laesaid: end in the aYenl •ny s.,m '
ol nan~y bccanai payable undcy w<h polity a polKiss said MORTGAGEE ~MII Mw ~h~ op~an ~o ~~caive •nd spply Ihe wr„e on acco~m of ~he indeb~rd-
ne~t fecur~d hKtby o~ w pHmii ~a~d MORTGAGORS ~o reeeive ~nd u~ il p~ny part thereof Iw other pur~ osrt. .•nth~~t ih ,,r +.a~+~:,) ur ~•e~p..~•.
ing any puity, lien w rghf undar or by virtw of this morrypr, w+d M ti» w~m ~a~d MORTGAGORS thsll ior ~ny reason (ail to keep the taid premise~ io
inwrtd, or f~il tO del~ver promytly ~ny of said po~ieie~ of insurant~ to ~id MORTGAGFE, or fail p~omptly to pay fu:ly any p~an~~m therefo~ w~n a~y
re~pett bil ~o psrfoam, disthar9~, •xecub, ~ff~ct, tomptet~, tomply with a+~d ~bid~ by Ihi~ tovs•~ant, a any pa+1 h~raof, ~a~d MGRiGAGEE may pi~ce a~~o
paY fw ~uch insuroru~ w any pat Ih~rsof wi~Aouf waivinp p aff~ctinp any opGOn. li~n, pv~ty, a riyht under a by vntw of ~h~~ Morfyage. ~~d ~he .
f~ll imount oi each and •v~~y tuch payment thall b~ ~mmtdi~ttly dw ~nd pyabl~ and sMll bear inters~~ (rom ~hs d+t~ thueof unril pa~d a~ the rats of
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1. To pamit, canmit w iu(Fa no wuts. fmpairmsnt a detMia~tion of said prop~?ty o~ ~~y put tMreof.
S. To psy dl and airyul~r ~M cosn, chargq and ~xpa+sa, includinp •?tasonabl~ ~ttaney'a fsa and co~h o1 sb~?ract~ of t~t~e, incw.ed or pa~d ef
any time by seid MORTGAGEE, b~tau~ cv in the ~vtnt o1 the faitv~~ on tM pan oi th~ said MORTGAGOR to duly, p~omp~ly snd futly p3rFwm, d~xhargs.
execut~, elled, comptete, comply w~th and ~b~da by ~~ci+ ar+d every ths stip~l~~~on~, preements, conditions, u+d covenanb of sa~d promis~ory rwte and th7i
mortg~ye any w e~~her, and sa~d costs, charpes •nd e~pense~, each and ~very, tiMll b~ immed~dely due and payable; whe~her a not rhere 6e ~o+~ce dr
r„and, a~empt ~o collec~ a wit pend~n~; and ~ha tolt amount of each and evNy iuch p~ymem aMt1 bea• i~+eres~ from ~he dare ~he~eot until pa~d a~ rhe
~.;~e of n~ne per centu:n?per an~~urn; and all s~id cosn, char3es and ezpenie~ i~cvrred or p~id, toga~h~r Mnth s~ch imerett, ~hali b~ tecu~ed by ~he Iien of th~~
mwtyap~.
6. TMt (s) in the ~vent o( ~ny br~xh oi thii 1Nor~q~ or d~fa~lt on th pan of the MORTGAGOR, or (b) in the ~veM any oi se~d sums of money
herein r~(Nred to be ~ot promp~Iy ~nd (~lly paid wuhin th~rty (30) days next after Iha same uveratly become due and payable, w~thout demand or notice.
or (c) in the event each and every ~M stipula~ions, ~yreemeMS, conditions and toveoants o1 ss:d promiuory note and th~s mortgage any or either are no1
iuly, promprty and fully psrlwmed, d~scharged, e:ecv~ed. ~tfected, complet~d. complied with a~d abided by. thtn in e~ther w any such event the sa,d ag
gregste wm men~ioned in said promissory nor~ IF~en remaininp unpaid. witA inter~ft xuued. ~nd •11 moneya sccwed hcreby. sFull betome dw and pay
en:e ionhw~rh, a rhereairer, a~ ~t+a option of s~~d MORTtsAGtE, a~ fuliy •nd compiefely ~s ii •tl of the sa~d wms o! money were o~.g~na:ty snp~tated
to be pa:d on such day, a~ything in sa.d promisswy oote ~x in thii Mortyaye lo the conlrary notwithstartding; and the~eupon or thereafter at the opeoo of
se d MORTGAGEE, w~thouf nonce o? demand, wit at Iaw or in pvity, tF~ere(ae ot thereaher begun, may be prosecuted as ~f all moneya seturd hereb/
r,ad matured pr+ot lo its mstitutwn.
7. That i~ the event that ar the beginninp of w ~t any time pendiny any wit upon this Matg~ge, a to foreclose it, or to reform it, or to enforce
;.e~ment ot any ctaims he~eunder, said MORTGAGEE sh~tl apply to the Court Mving jur~sd~u~on thereof for the appo~n~ment of a Receiver, such Coun shafl
fo~th„v;th appoint a rece~ver o~ said mwtyaged p~operty all ~nd sirgu4r, includmg all and singular the income, prof~ts, issves a~d reve~v~es from whate~er
•c~rce daivcd, each and every of wh;ch, it beirg expresaly underi~ood, is hereby mor~gsged as if speuiicalty ut fa+h and dewibed in ihe g~anting a~d
habendum ctsuses he~eof, snd such Receiver shall Mve all the broad and efiective (u~cr~ons and power• in anywise cmruated by a Court to • Rece;ver, end
~.ch appointment shall bc made by such Coy,rt as an ~dmitted eqvity ~nd a rn~?tN of ~bsolute rigM to uid MORTGAGEE, ~nd without referente to the
edeqvacy a in~dequacy of the value of the properry mortgs9ed or to rhe wtvency w insolventy o( taid MORtGAGOR w tfie defendants, and thar s~ch
r;•~+s, profits, income, issue~ and revenues shall b~ applied by sucf~ Reteiver atcading to 1M lien or eq~ity of uid MORTGAGEE and the pr~ctice of such
Court.
8. To duly, promptly and fu~iy perform, dixharge, execute, effect, tomplete, compty with and abide by each and every the stipulations, agreements,
:ond~r~oro and covenanes sa~d promiuory nots and this mortgag~ set forth. ~
9. That in the event the ownership of tfie mortgped premisei, w any p~rt Ihereof, becomes vested in a perwn other than the MORTGAGOR, the
t.'ORTGAGEE, iu s~,ccess«s and asatgns, may, wiihovt nofice to the MORTGAOR, deal w~th such wccessor or successor in interost w~~h reference to ihii
~--o•tgage and the debt hereby sacured in tht same man~er as with Mwtgagw withovt in any way vinatiny or dischsrg~ng the 1Jtorigagors' liability herr
u~der or upon the deb~ hereby srcured. No sale of the Fvem~ses hereby mortgayed and no fwb~arance on the part ol the /AORTGAGEE or its svccessors
or ass~g~s ~nd no eate~sion of ihe time fa tAe p~ymem of the dcbt hereby secured 9ivm by the !4!flRTGAGEE or its successors or ass[gns, ,helt operote
ro re~ease, d~xharye, modify chenge w ~Ffect the wig~~yl liability of the MORTGAGOR h~rein, eithrr in whole o: in part.
10. h is speuf~caliy agreed ?Mt t~me is of the essence of this contracf ~nd that no waiver of sny obltgatcon hereunder w of the obligation se-
cured hercby ah~li at any time therealter be held fo be • waiver of the terms hereoi a of the instrument secured herby.
11. In addnion to ~he io~ego ng monthfy payments of princ pal and intercst req~iied by the p~om~awry no!e secured hefeby, mortgag~r covenants
i^d agr~~ to pay to mortga~ee v.ith each moneh2y paymem an add~rionsl sum est~m~ted by mortgagee to be equet to 1~ 12 of the ann~al cos~ of the follow-
A-All rea! Froperty teae~ levitd p assessed againsf Ihe sbove dewibed real_esrate. ;
B-P~em~ums on (he and windstwm insurar.ce as herein reqv:red to be urried on the improvementt situate on the above described premises.
C-Prcmiu~~s on s~ch mwtgage guaranty insurar.ce as mortgagee shatl from t~me to time deem (it to csrry on ?he loan secured hereby.
M.ortgagee sha!i f.om time to t~me not~fy mortgago? in writ~ng of the amou~t due snd pay~ble hereunder and such sum shall there~pon be due and
:;,ai,~e o~ the d~e date of ~he ne,et month!y paymem and each successive month thereaiter ur.tit mortgagee shall not;fy mo,tgagor of a change in such
--_nt. Such suma sha:l be app;ied by mortga3ee towa:d !!:e ;.a;.:sn! oE r.^a! Yra~,erty saxes, c.-su:s.:;a~cT,u:r.:, a~,', mortgage guara~ty insurance
~ .,f.....wmf.
~ IN WITNESS WHEREOf, the ~sid MORTGACa~R has hereunto set his hand and seal the day a ea first aforesai +
~ - Siyned. Sealed snd delivered in tht presenu of: • ~
" -~'G`.~~J s~,n
- _ r . i on . ~.n
~
s~
' car e , so
- ~kai~
5~-~.~E 4FitORIDA ~
~c~.~.'JTY OF Sti. LtIC~@ ~
ser«e ~ personaqy appeared Sherr i 11 0. Wi 1 s on ~ s~
.~'C9T'~ A.. r Wilsnn his wife, to me wd) known and known to me to be
rhe ~nd~vidwla deau~bed in ~nd who ~J[KUtl~ the fwe9oinp instrumant, and ukrawtedped before me thaf they executed the same for the purposea
+he~e~n expressrd. And the said ~'Cfl2'ZAt.ti ~`i W~190~1
or ~,~a $herrill n. Wilson
upon a sepsrate end private
~-.a~ nat~on by me taken separate and apsrt from her said huiband, ~tkrawledyed to +nd befwe me that she executed said insrrument free'ry and volurt-
~~•,'y and w~thow any compulsion, constraint, ~pprehens~on, or ear of or from her uid hu~band.
WITNESS my hand snd officiel seal thi day of A D. 19~_
~ Notary Public in a to Stste of Fbrida at Larye
~ " My Commission 'res:
Return To:
Nofa~ Pv`.~I'c, $tatv of Florida of Larg~
F1rst federa~ Savings b loan Auociatron MY ~;,,-,~~,:i;'ors Exp:res Juiy 22, 1977
~ Ot forf P erCe. %
~ Fori Pierce. Flor;da {Ond~d i~r I+r..ec.=ur• F.r_ 6 Casvelty Co.
~ ~ ~ ~ a
tc ' ~
~ ~tECQR~E~ i .r' . s .
This Instrument Prepared By .T. Hal Robe ^t8 ~ ~ ~ ~81{MT~ f~~- 1( ' `,'r' ' . s., : ~
r~~st Federai Savings 8 laan Assot+at~on S~~pGEp pp1~~`S ~ J a7~ ' L
of Fort Pierce C~ERx E.;ai
E~ ~OUR '~,'~i.,
~ Fort Pierce, Florida 33450 - - ~ _
AN'~~ G
- -=ked By J~~; , 40 -~~;"•.~~b, : -
~ _Rl.y : '
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90aK 2lh'i ~AGE 821 =