HomeMy WebLinkAbout0067 To plu~ and coroinvous~y keep on tIw b~~'d~r~t now or Mr~sl~e~ ~~tu~q or ~~~d lux! a~~d on cqu~pmcnl and pe~sonally cove~ed by ~his mwlq-
ege, wi~h •tl premi~m~ thereon pa d~n iull, hre inwr~nc~ ~n the usu~l it+nderd pol~cy lorm, in • wm •p~xov~d b~ ihe MOR.vAGEE, and w~ndsturm
,ns~~ant~ in the usual ~undard po~~cy 10~~+, io + wm app~o.~d by tM MURiGAGEE, ie fuch car~pany o~ cu~npe~u~~ ~s ~h~ MORfGAGEE m~y
d~recr, and all 1ir~ and w~r+cl~torm infuranc~ pol~uei on ~~y o) ss~d bui~d~nq~. ~ny in1a~~~ th~roin o~ p~r? Ihereol, in the •ggrrpe~~ •um afatsaid or
in eat~t~ Ih~rWf, 1Mi1 cont~in Iht ~sual ~tandard ma~9age~ clauN w tuth otF~N t~~w~ as 1M Mwtyage~ m~y ~eqwr~, ma?ing Ih~ Ioff urxler ~a~d polr
ues, each and ev~ry. paYabl~ Io ~ard MORTGAGEE at ~ts in~ereN maY. +Pp~ar, and exh a~d ~very futh pof~cy sh~ll 1x prompt~y ~tis y~xd and del~vered ~o
eny held by said MORIGAGfE a~ (ur~he~ teturity to wid morlqsy~ debl, and. no~ I.~~ ~Mn ~.n 1101 da~~ in ~dvanw of ~he •ap~ra~,on of e~ch policY. to dr .
I~ver lo ~aid MORTGAGEE a renewal thsreof, lopethe~ with • receipt fw tAe prwnivm o( ~uch renewel; a~d there shall Ge ro f~re o~ wi~idsw~~n i~tur~t~t•
pleccd on ~ny of said b~~ld~~9s, •ny inter~~t therein or pul theieof, unles~ in ~M torm ~nd w~~h th~ loss parable as aiwesaid; and in Ihe evant ~ny w~+
04 mon~y become~ payable under such policy or poficies sa~d MORTGAGEE shsll hw~ ~M op~~on 1o rece~ve and appty the same on account ol t}m indebtrd-
nrss secu~ed hereby o~ ~o pe~mi? aaid MORTGAGORS ~o rece~ve +~d uss it p any pa~t tf~ereol ior ot~~~~ ~:urpoars. .v~~ho.:f thr~.:~i wo~+. ~r ~nipoir-
~~g any equ~?y, lien a right under a by virtw of ~Rii mo:tg~ge; snd in th~ ~vem s+:d MORTGAGORS slwtl tor sny roeton la~l ro keep ~he sa~d p~em~se~ so '
~nsured, o~ fail fo de~ive~ promptly a~y of said pol~cies of insuranc• to s~id MORTGAGEE, or (a~l promptly to pay fuJy sny pre~~~~um therafa w in a~y
fCf~K/ fail ~o per(am, dlsche~ge, eaetute, e~~ec6 complete, cornply with ~od abid~ by th~i covenan~, or any par~ hareoi, sa~d MGRfGAGEE may p~ace a~tl
pey for such irouronce w any part thereoi w~thoul w~iviny a~(fx~inp any option. li~n. equ~ty, w righl ur.der w b~ v~rrw of ~h~s ~dcr~gafls. ~nd ~he
f~ll emount of each and every suth paymenl ~hall bs immediately due and payable and shall be~r interesl from tFa d~te thercof until po~d at the rate of
n~ne per centum per annum and together with such interest shall tx secured by tM lien of thit mortgaye.
1. To pamit, commit w suffer no v?asf~, imp~irment w deterroretion of said property q~ny pa?t thereof.
S. To pay ~II and sin~ulsr ths costs, chu9es and expe~sei, ~:xludinp a ~easonable attaney i fee +nd cos~s of abs~rxts of t~t!e, incuned or pa~d at
,ny ~~me Dy se~d MUk1~iAO;t, becaus~ w ~n ~ne evem ot ~ne ia~wro on ine pari oi ~ne said hivKiv~ts~it to t~u~y, p~wnpliy e.xi i~~ry ~,r~iw~,~, u~x~miye.
exec~te, tifect, comptets, comply w~~h and ab:de by ~ach and every the stipul~~~o~s, ag~eements, cond~tions, +nd covenant~ of sa~d pranissory note u+d thi~
.,:orrgage any or e~ther, and ia~d cosq, cM~ges and expenses, each and every, thall be immed~ate!y due snd payable; whenc~r w not there be no~~ce da
~,and, attempt to collect or suit pend~~g; snd tha (ull amount of each snd every such payment shall bear in~eros~ from the date ~he.eof un~il paid at the
r~~e o~ nine per centum per annum; and all sa~d costs, charges ar,d expensea incurred or pa~d, ~ogethcK w~th such inreres~, shalt be scc~red by the I~en of thi~
morfgage,
b. Thst (s) in the evenf of any breach of this N4ortgage w de(autt on IM part of the MORiGAGpR, a(b) in the event a~y of sa~d sums of money
F.ereln referred to be nm pranptly and fully paid within thuty (30) days ne~t aher the same severaily becoma d~e and payable, wiihovt demand or no~ice,
er i:) in the event each and every Mie stipulatio~s, agreemenu, cond~~ions and tovenants o} ss,d p~omiswry note and th~s morlgage any or either are not
~uly, promptly and fulty perfwmed, d~xharged, executed, effedcd, completed, complied wi~h and abidcd `sy, then in e~ther w any euch event the said ag
gregata wm mentbned in said promiuory note then remairting unpaid, with inte~est accrued, and all moneys ucv~~d hereby, shall beco~.e due and psy
at; e forthwith, or thereafter, at tFx option of sa~d MORiGAGEE, a~ fully snd completely as il all of the said sums oi money were w~g~natly s~+pulated
ro be paid-on such day, any~hing in ssid promissay note or in this Mortgage to the coo~~ary notwithstand~ng; and thereupon w thereafter at the option of
sj;d MORTGAGEE, wirhout notica w demand, suit at law or in equ~ty, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby
n.-d maturltl (N~O~ to +1s inslituLOn.
7. That in 1he evcnt that et the beginntng of or st any time pending any su~t upon this Mwtgage, w to fweclou it, o~ ~o refo.m it, or to enforce
psyment of any daims hereunder, uid MORTGAGEE shall apply to the Court havirg ~ur~sd~,aion thereof for the appoinfinent of e Receiver, such Cour~ ahall
Fc~*hwith appoint a receiver of said mwtgaged property all ~nd singular, includ~ng all and singut~r Ihe intome, p~ol~?s, issues and revenues lrom whatever
~o~rce daived. each and every of which, it being expressty unders~ood, is hereby morrgaged as if specifically set for~h and dex.ibed in the graneing and
~~'-a~a_... c!r ~•r~~. _rd s• 4rcr.ar. shs!! hsva •!e~ ti.__d ar.~ ff~:2re f.•.. _ f•~••• _ , ~^a
_ r ^d ;.ciYe~s in anywur er. _ ec !:y e t~.rt R^_ e:v• _
s~ch appointmcnt sha?I be made by such Cou~t as an admitted equity a~d a rratter of ebsolute right to 'said MORiGAGEf, and wiehout relerence ~o the
edequacy w insdequacy of the vstue of the pr~rty mwtgaged or to the so.ve~+cy w insolve~cy of said MORiGAGOR or th~ defendams, and that such
rr~rs, proiits, inc«ne, iuves and revenues sha~l be appi~ed by such Recriver accord~ng to the lien or equity of said MORTGAGEE and the practice of such
Court.
8. To duly, promptly and fully perform, discFuirge, ezccutr, effect, mmplete, comply with and abide by each and every the stipulations, agreemc~is,
co~d~tlons snd covenams m said p~omissory note and this mottgage set forth.
9. That i~ the event thc ownership of the mortgayed premises, or any part lhereof, 6ecomes vested in a perwn other than the MORTGAGOR, the
h•.~St7GAGEE, its successon and ass~gns, may, wi~hout notice so the MORTGAOR, deal with such successor or successor in interest with refe.ence to th~a
n c~rgage and the debt hereby secured in the same msnner ss with Mortgagw without in any way vitiatiny o~ d~schargirg the Mwtgagors' liability here-
u^der o? upon the debt hereby sec~red_ No ule o1 the prem~ses hereby morrysged and no fwbearance on the part of the MORiGAGEE or its successors
cr ass~gns and no earension of the rime for the paymem of the debt hereby secured 9iven by the MORTGAGEE or its successors or au~gns, s~iall operate
ra re~eax, d~scharge, mod~fy change or affect the orig~nal Iiab~Gty of the MORiGAGOR herein, either in whole a in part_
10. N is speuficatly agreed that time is of the esseoce of this contract and that no waivN of any obtiga~~on hereunder or of the obligatan sr
cured hereby shall a~ any time thereafter be hetd to be a waiver of the terma he~eof or of the instrument secured herby.
11. In adri:t:o~ to the fortgo ng rnonth!y paymFNS of princ pat and interest requ~~ed by ihe prom~swry no!e sec~red herrby, mortgagor covenams
a- d ag~res to pay to mo~tgagee w~th each monthly payrc,ent an add~~ional sum esr:ma~ed by mortgagee to be equal to 1,' 12 of the annual cos~ of the iollow-
~
A-All resl praperty taxes levied w assessed agai~st ~hc above descrihed real eseafe.
6-Prem~~ms on fire and windsrwm insurar.ce as here~n req~;red to be carr~ed on the improvements rtuate on the above descr;bed prPmises.
C-Premiums on suth mortgage guaranty irsurance as mor!gagee shall fram t~me to time deem fit to carry o~ tAe loan secured hereby_
Mortgigre shatl from t~me to t~me notify mo~tgago~ in writ~ng of the amount due and payable hereunder and such sum shafl thereuFon be due and
c j;ab!e on the due date of the nexr monthly payment and each successive monrh ehereaft~r uNil mo~tgsgee shall notify mo.tga~or of a change i~ such
a~~.;~t Such sum.s s~a~i be applied by morlgagee toward the payment of reai property taxes, insurance prem:ums, a~~d mortgage guaranty insura~ce ~
~~•e~n~ums.
IN Y~ITNE55 Y~HEREOF, the said MORIGAGOR has hereunto set his hand and seal the day and year first aforesa~d.
S~9ne<!, Sealed and del~vcred in the presence of:
I _ IOSICj i~1@ W O~ ea4
(Sea1)
i - , ~t tSeaq
~ _1• ~ ' • _ ~ ~l(~ t ~/.h C•~ ~~Crc ~~rt,~ (Seag
~1ae Belle Newbold AKA Mae Bell
~ s-~~E OF FLORIDA Newbold
° ~:~U'JTYOF SL. l.l3Cle ~ S5.
Befwe me perwnally appenred FIOYC) H@M?bOlCj . ~ ,
~iae Belle Newbold AKA Mae Bell Newbold h~s Wa~, to me well known and known fo me to•be
!~e indiv~dwls deur~bed in and who executed tF~e toreyoi ~nstrument, and acknowl ed fw me tha tt~y e:ecuted .Jl~e sar~e fpt tFw pwposes
~;P~~~. ~ e~ ~a~~ Mae Belle I~ewbolci AKA ~iae~e~ ~Iewboid -
of rh~ said F loyd NewboZC ` ~
upon a sepe?~te +~+d private
.>•n naf~on by me taken sep~rate and apart from her seid husband, ukrawledged to and beiae me that she executed s~id~iMtrymer~f.freet~~ youlwf-
r,~..y and w~thwt any compulsioo, constraint, apprehension, or fear of or from her said husband. ;--f~ r_
WITNESS my hand and official seal thi= day of JUly ~ -~~,..~./1.~;; 1~~9
~ G ::s~i`~~~~`
l 1J _.c_ //yJ : '
~ Notary Publ' in and for the Stafe of flor i~rye `
~ My Commitsan acpires: ~ '
Return To:
~ F~r~t Federal Savings b loan Associat~on ~~r„ C!2i` F',~f'~~.'3 Zt ''a~
` pf Forf P~erce. ~~iary L ` G$, j5~
(p1:1~tSiiv:1 ~x~~i:Ci :7~ ~•.r~
~ Fort Pierce, Flwida M~~ ~w ~ wir '
k
~ ~
~ This Instrument Prepared By R. B. Poinuextor .
~ F~rst Federal Savings 8 Loan Association ry~Q 1?NO REM~y
f~A.
of Fort Pierce ~ k f?•1.11~~~
~jTpAS
~ Fort Pierce, Florida 33450
BDOK~ 1 PRt'~ , s? r~ ~OG~;;LUI? CCU?~
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~ "~e~ked By
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