HomeMy WebLinkAbout0833 To p!x• and con~invously keap on `M b~i:d~ny~ now o~ M~~aiqr utu~N or s~id I~nd ~~d on ~It cquipmenl ~nd pa~son~lly covered by th~s mae9.
~y~. wilh •11 premwmf therco~ pe~d full. I~r~ ~o~ur~nc• in Ihe uiwl f~andsrd pol~cy form, in • ~um ayyroled by thc MOR~GAGEf. •nd wr,d~rwm
inswaoc~ k~ tM wwl Nand~~d po~~cy lo~m, in ~ furn ~pprov~d by ~M MORTGAGEE, in wch company w compan~~s ~s ~M MORIGAGEE msy
dnett; ~nd ail la• and wind~torm infur~nt~ pOIKNI on ~ny of ud bu~~d~nq~, any imu~~~ ~he~een or part ~Ae~eo1, in tF» •yyrep~~• wm dwes~~d or ,
in •xt~~ tM~eol, •MII coMain IM uswl ?~andard ma?9pe~ tl~us~ w ~utA olhn d~ut~ af tM Ma~qs9N may ~~qua~. m~?inp ~i.~ ~o» urxlN aa~d poli-
c~•s. •ach •nd e~..y. Payeb~~ to ~~~d MORIGAGEE ~f ~t~ inl~ra~t m~y ~pp~u. and ~~cA ~nd tve~y futh pol~cy shsll be p~ompNy a» gnrd •nd det~„cred ~o ~
any Mld by ~a~d MORTGAGEE ~s furth~~ ucu~ity lo said mwtqap~ debt, ~nd, nW leu tMn t~n (101 da~• in adrents of Ihe e,pir~t~on o~ e~ch pot~cy, ~o d~-
fver ~o said MOR~GAGEE ~~~new~t tFHrwf, toqeiMr with • receipl for tM pr~m~um ot ~uch renswal; snd ~har• ~hal~ b~ ~w Gre or w~ndswnn ins:,r~nca
placed on u~y of iud bu~ldings. •ny intereA ti?e?~~n o~ part tMr~ol. unleu i~ fhe (orm •nd with ~M tosf payabi. ai afaressid: ar.d in the e+ent •~y svm ,
ot money become~ pay~O~e unue+ wch poiity a poi~cros Nw i~vRivi~vEi ~n~ii iwv~ iiwr uyi~uo to raterv~ snd ~ppi~ ttw sau~e on ~ccuo•~~ o( ~he i~.:SaLtc~l-
nsa secur~d heveby a ro p~rm~t u~d MORiGAGORS a receiw ~nd use it a any part ~hereo! 1~ or~,cr pw~~oses. v~~~no.,t ~fi o, cr ~~~~p,:~•-
;nfl any eqv~ry, lifn w~gh~ undN o~ by vi~rw ol thii mortp~y~J ~nd in ~M ~w.+~ s~id MORTGAGORS ~ha~l fw ~ny r~~fon (a~l to keep ~he satd promfses so ~
fnaured, a fail to de~~va p~anptly ~ny o( wid po~a~~s of i~sur~nu tp said MORiGAGEE, p fai! prompNy to p~y 1~ily any p~e~~~~um ~hrr~fa or ~n a~y
r~~ped iail b p~r(wm, d~scha~ge, fltKU11, •flect, comp~~~e, comply wi~h and +bid~ by Ihit cov~~ani, w~ny psi~ hu~sot, sa~d MURTGAGfE may p~ace a~d '
pey (a ~uth Insur~~ce o~ ~ny part thtrsof withouf w~ivir+p o~ ~f(ectirq any option. li~n. pu~ty. w ri9ht unda w by vu~u~ of th~? Mo~tp~e, and the .
f~il ama,nt of e~ch and erery sucA payment sMll be immed+at~ly dw and p~yabl~ ~nd ~hall btu inre~e~t from tM date thereoF until pa~d •t ~he ra~~ of
~~~~~a ~wii i.iit:iviit iriii a1.11v.i1 +++J :vys ~wi w.::i iviit .~..a ::ii si+.i:: ~.7i'~ i::::t::..Jt o.'y ii~ i:~it f~ i~:'~ -~:+i3~i
1. To pHm;~, commit a suffN no wute, ~pau„~enr o. da.r~aara~ of Nitl ptOpNty Ot N~y pu1 lhetlOf.
S. To pay al! ind sirpulu ~F» co~ts, ch+rpes ard expt~ses, includinp a ~~~saubh ~t~aney's fee ~nd costi o1 ~bstracts of tit'e, ir,curred o~ pa~d af
a~y time by s~id 1NORiGAGfE, Mcaus~ a in ~M svem of th~ (~~lut~ on tFw part of tM said MORTGAGOR Io duly, p~omptly ~nd fuliy pariam, d~uharge
e¦ecut~, elfac~, comple~~, comply w~th ~nd ~b:dt by ~~ch ~nd ewry ~F~s itipulat.ons, pre~menb, cond~tions, +nd covenanta o~ s~~d promnsory ~ote s~d thh
morrgsfle any or ei~he~, ~~d ia:d cost~, charpe~ and eapen~a~, exh ~nd evay, sM1) bt immad~al~ty dw and payable; whether w nor thrre tx nonce de
rnand, ~ttemp/ to tollect or suit pend~ny; and tM full amounl of each •nd eva+y suth paymem ~h~ll bea. interest from ~he dste ehacwf umii paid at d~e
r,ie oi oine per tcntum prr anuu:n; and all a~id costs, tharpe~ and eapen~e~ incwr~d w paid, together wdh such inleresl, shaU be secured by the I~en ol th~~
mo~ty~,
6. That in the even? of any M~ath of this Mwtys~ a defwlt on th~ part of tM MORTGAGOR, a(b) in the event ~ny oi se~d sums of money
heretn refened lo bs ~01 promptly and (ully paid within thuty (30) dsys next afeer tM iune uvereuy become due and payable, whhou~ demand o. no~~ce.
or (c) in the evenl eacl~ and every the stiputa?ions, ~greemeMS. ca+d~tions and cover?~nn of sa~d promissory note and +h~~ mortgage any or ei~her are not
iuly, promptly and fully performed, d~stMrged, exetvted, tffsctcd, compkted, complied with and sbided Sy, then in either w~ny such event the sa.d ag
gregate wm menrioned in sa~d p~om~ssory not~ then ~emaininp unpaid. witA int~n~t ~cuucd. ~nd all mo~ey~ secwed hereby, shall become dw and pay
ab~e fuMw~t6, or tl,ereafrer, at the oot~on oi sa~d MORiGAGEE, as futly and completely as if all oi the said sums of mooey ~~ere ongina~ly t~~p~iated
ro be p~id on such day, any~hing in sa.d pomiuo~y oota w in this Mortqaye to tM conn~ry notwi~hstanding; a~d tF+ereu{:on a thereaf~er st the opt~on of
sa,d MORTGAGEE, wi~hout no+lce o? demand, suit at law or io equity, there(we w thereafrer begun, may be prosecuted ~s if all ma~nys secured he~eby
n~d matwed pnor ro us inatautron.
7. That in tM event that st the b~winnino of a ~t ~ny tim~ pendinp any suit upon this Mortg~ge, w to torectose it, or fo reform it, or fo enforce
paymcnt of any cla~ms hcreunder, ssid MORTGAGEE shsll apply to the Court haviny jurisditlion thereof (w the appointmenl of a Recriver, such Court shall
forrhwith appo~nt a rcce~~er of said mortgaged property all ~nd singul~r, includ~ng all and s~ngulu ~he income, prolas, issues and ~eve~ues fro:n wh~te~er
acvrce derived, euh and wery of whkh, ~t be~np expressty uoders~ood, is hereby mwtqaged u if spec~ficslly set forih a~d descr~bed in the g•annng and
ha~~endum dauses Aereof, ~r,d svch Receiver shsll Mve ~II the broad and elfective funct~ons a~+d powers in anyw~se emruated by + Co~.t to a Rccei~er, a~d
s~ch appointmen~ ihaN be made by such Covn ai an admitted eq~ity aad ~ matter of absotu?e right to said MORTGAGEE; u+d wirhout reiere~ce ro ~he
edeq~acy w inadeqvaq of th~ wlue of the p~operty mw~gyed or to the sotvency er inwlventy ol s~~d MORTGAGOR or ~he defenda~u, and that fuch
+e^,s. p~ofin. incwne, iuues and revenues sM1t be applied by such Receiver accord~np ~o !!x !B~ a~::i!y e! sn~d !4R~JRiG~Gcf z,.,~ o{ s~..~
Court.
8. To d~ty, promptly and futly perfwm, dlscMrge, execute, effect, complete, comply with and ~bide by each and every the st~pulafions, agreements,
cor,d~r~ons and covenanrs ~n sa~d prom~ssory note end ~hn mongage sa~ forth.
9. ihat in the event the ow~+ership of th~ mortgaged premises, or a~r psrl thereof, becomes vested in s person othe? than the MORTGAGOR, the
h1pRTGAGEE, its successors ard ass~gns, miy, witFwut ~o~ice to Ihe MORTGAOR, deal with sucl~ succeasa or successor i~ intertst wirh reference to lhts
~-o•,gsge and ~he deb+ hercby ~ecured in the same manner ~i with Nbrtgago. withovt in any way vituting or d~uhsrg~ny the 6tortgagori Iiab~Gry herr
~nde: a upon the debt Aereby securtd. No sale oi the premises hereby matgaged ~nd no fwbearanc~ on 1F+e part o1 the MORTGAGEE or its succeason
or ass~gns and no eatension of +he t+me for ~tne payme~t of the debt hereby setv~ed y~veo by the MORTGAGEE or its sucussws or au:gns, ,i:all operate
~o re~aase, d~scharge, modify change or aFfect the aig~nal liab~lity of the N10RiGAGOR Fxrein, either in whole o. in part.
10. It is spec~f~ca~iy agreed that time is of the esxnce of this contract and tMt no wsiver of any ob~~gat:on hertunde? a of the obl~gation sr
cured hereby shal~ at any time thercafter be held fo be • waivet of the terms hereol p of the instrument secured herby.
! 1. In add.f~c~ ~o the fo.ego:ru~ monthiy payments of princ'pal end in~erest required by the prom~swry nae secured hereby, mortga~or covenants
.+~d agrees to pay to m~-tgagee wnh each monthly payr.xM a~ add~fional sum est~mated by mortgagee to be equal to 1, 12 of tne annuai cost oi the follow-
_ .
A-All .eaf properr~ ta,ces levied o~ assessed agaioit the above deuri?~ed real estate.
8-Pirm7ums on f~re and windstorm insurance as Ixrem requ~red lo be carried on the improveme~ta s~tvate on the above described premi:es.
C-Prem~ums on s~ch m.wtgage gwranty insurance as mongagee shall from t.me to time deem fit to carry on the loan secured hereby.
Nb~tgagee sna 1 f.om timc to t~~rt not~(y mo~tgago~ in writing of the amount due and payable hereunder and s~ch su-n shali shereupon be due arxi
; 3,able on the d~e dafe of ~he ne~t month:y payment and each successive mo~ti~ thereafter ur,til rtwrtgagee shall not~Fy mortgagor of a change in such
- ount. $uch sums sFa'1 be ap~iied by mw+gagee toward the payment of real property taxes, insurance prem:ums, and mortgage guaranty inwrance
i p.~.,..ivms.
~ iN WITNESS r1HfREOf, the se~d MORTGAGOR has F+ereunto set his hand and seal the day and yeu first afwesaid. ~
€ Siyned, Sea;ed and delivered in the presence of:
f
€ - ~tir~~.~ul v8n~~ `•s°•n
Q~4~ p (Seap
~ _ _ sl • ~-C~~r.i~(Sesl)
~ ~G~- A 8 U & l5eaq
.
~ ST:.TE OF FLORIDA ~
~JU!JTY OF St~ T.1]C~B
~ ~
eefwe me penonally appeared Dennis B. Sullivan and
a_ R~ tg S]~ 1 ~ Vfir1 bis wife, to me well known and known to me to be
rh~ individuab described in and who execufed the fore9oiny instrument, ~nd atknowlcdged befwe me that they exetuted tFx same fw the purposes
~he~•~n expressed. And the said_ A_ Ri ta SUll~ V8I]
..~~e of the uid Dgnni g B~ Svl livan upon a scparete and private
e.am;naKon by me taken xparate and apart from her sa'id husband, stknowled9ed to ar+d before me that she executed said instrument freeiy and voiurr
~ +a~~~y and w~rhout any compulsion, constnint. ~pp~ehension.pr fear of w from her ~aid huaband.
i 7'
~ WITNESS my hand and offiual se+l thi~ ~~/LC~- day of Ju A. D. 19J_t__
~ Notary Public in f the State of Fbrids ~t larye
~ Retum To: My Commission ires: ~tory p,~~~ of Fb~ido ~ b,~
i Firat Fedenl Savi~gs S loan Associat~on ~ Y Con~mission fxy;rES JniY 22, 14T7
Oi Fort P,erce. ~ ~n~Ed br Arn.~ f.re a Casvo!r Cp.
~ Fort P:erce, F!orida + Y
~ t ,.~r -
~ ~ r
This Instrument Prepared By J. Hal Roberts, r C~~ ~ ,~~.,~t~~ ~_.t!~~ l~
F~rst Federal Savings 8 loan Association URT ~ -p•,
~ ~ Cl ERK t1?ICUI? CC ~C t'
of Fort Pierce ~ • -
1~ i,,c~f0.~--'~' : " Q •
. ~ 7
~ Fort Pierce, Florida 33450 ` ~~T
' I' 40 c~
~ ~ U i; : ~
~h~cked BY -Y ~UK . ~
.I~:~.
•
, ; • . ,rt.
Gk '
~ BOOK~~ PAGE 83i . ~j ~ ,
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