HomeMy WebLinkAbout0388 To pIK~ •„d coo~~nua,?~~ keep on tM b~itdirps oow a Mr~~~tN ~iWat~ or ~~id I~nd and on •11 equipmeM a~d p~~wn~lly tovered by thit mor~q•
~q~, w~rh •11 p~~mium~ ~hzreon pa~d in full, f~~v in~ur~n~e ~n ~M uw~t ~~•nd~rd polKy fam, m• sum ~ppro+~d by tM MURCGAGEE. a~~d wi,~ds~ar.~
~~suranc~ in th~ ~awl u~ndard pol~cy form, in • iurn •pp~ov~d b~ tM MORTGAGEE, in wch company w tomwn~e~ as ~F+~ MOkfGAGEE m~y
dirKl~ ~nd atl fir~ and w~ndsro~m iniur~nc~ polici~t on ~ny ol said build~~ps. any inqr~~1 ~ht~ein or ps~t ~hereof, i~ Ilk apyiepate ~um •laeu~d w
in ~xqq Ihereof, thall contain tM wwl ~t~ndard matpapN cla~ w~~ch othe~ d~uN ~t tiM Mp~p~q~ m~y ~eq~,~~. ma?inq ~he iou urxfer sa~d pol~
ci~~, ~aci~ ~nd ~vt~y, paysbl~ to ~aid MORTGAGEE af it~ int~reu may ~pp~ar, ~nd tach and ~vNy such poticy sMll b~ prompt~y ass.gned ~~+d del~vNSd ~o
•ny h~ld by u~d MORIGAGEE as fur~hN secu~ity ~o ~1d morqa9~ deb~, and, not I~u ~i,~~ t~n (10) day~ in ~dvanc~ oi ~M ~xpir~ti0~ O~ Olth pO1Ky, to d~-
~~ver to said MORfGAGEE • renewal thereof, topetha with a nt~ipt fo~ tM prtmium of tuth rentw~t; and ther~ ~hall be no I~re o~ w~nds~o~m in~uranc~
placed on ~ny of iaid bui!d~nps, ~~y i~teresl tMr~in a parl fhtr~of, unlau in th~ form ~nd with ~M lou payabte as afw~~aid; and ~n ~Fx even~ any sum
of morwy becomes payable under such policy or polKie~ said MORTGAGEE ~MII Mw ~he op~~a? to recsi~s ~nd epply ~he ume on account ol ~he indeb~ed-
neu a~cur~d hs~eby p Io p~~mit uid MORTGAGORS lo rKeive and us~ it p any part thereof for other pu~pasrt, vr~~hout th i» w.:~~~~~g c~ ~~~~p~~~-
infl any puiry, lie~ w rphi under or by virtu~ of ~his mortyap~t Md i~ 1M ~vtM ~aid MORTGAGORS tAall (w ~ny reason fail ~o keaa ihe ~a~d premisas fo
ins~red, p(ail lo de~iver promptly any Of uid polK~e~ of intur~nc~ fo sa~d MORTGAGEE, w(ail p~omptly lo p~y fully any premi~m therefo~ or in a~y
~espect Fail ro pN[arn, discharge, executs, •f(ed, complete, comply with and abid~ by Ihis covenant, a any par~ hereof, sa~d MGRTGAGEE may plsce a~~d
pay fw ~uch insuruue or ~oy part thereof wi~hout waivinp or affectinp any optan, li~o, pu~ty, w riph~ unda o~ by v~rtue of this Mo~t9ags, ~nd the
f~ll ~mo~nt of e~ch and w~.y such paymsnt shall be immediat~ly dw and p+y~bN ~nd ~MII bear {ntert~~ from tM date thcreo( unt~l pa~d a~ the ~ate ot
nine ptr cenwm pec annum and to~elher with s~ch inter~st sMll be iecured by tM INn o( thif rtwrl9pe.
1. To permit, commit a suite~ ~o waite. impa'ument a d~ts?iw~tion of s+id prop~rty p~ny paN thereof.
S. To pay all and on~ulW tlk cwts, chargs~ and expe.+ses, includin~ • rt~sa?~bl~ +nae?ey's fee and coi~s of abitracts of title, iocu?red or paid st
eny tune by said MORTGAGfE, betause w in the ~vent of the faitur~ on 1Fw part of 1M a~id MORTGAGOR to dvly, promptly ~nd fv~ly perform, d~uharge,
execut~, effetb complete, comply w~th ~nd ab~de by eath and eway the itipulations, apre~me~t~, conditio% and mmnants oi ieid promiawry note and thi~
morrgsqe any or eifhe~, and sa~d co~ts, charge~ and expenrs, each u+d ~vay, iMtl ba immedi~tsly dw snd payable; whe~her or not ?here be nor~ce do-
mand, attempt ro collecf or suit pending; ar+d ~he full amount of each ~nd every such paymen~ shall bea. inferest from ~he da~e ~hereof umil pa~d ~he
rare oi nine ne~ centum per amium; and ~11 ~aid cosn, charges and ex.~e~ues incurred p paid, together wdh such interest, iMll be iecurcd by the iien of thi~
mort9~.
6. That in the eve~t of any breach of this Morrg~y~ ot default on fM ps?t of the MORTGAGOR, or (b) in the evem any of sa(d sums of money
herrin refer~ed to be ~ot p?omptly and fully paid within thirty (30). dsys nexl after the same sever~lly betome due and payable, withou~ dem~nd or natice,
or (c) tn the event each and every the stipulations, ~greementi, conditions and coven~nts of w~d prcmiswry note and th~s morfgaye any o. e~eher are not
iuly, promptly and fully perfamed, d~uharged, executed, effetted, completed, complied wiih and abided by, then in eithe~ w any such evenl the sa~d ag
greg~te sum memioned in said promiuwy note Ihen remaininp unpiid, with inter~sl acuued, and all moneyi setured hereby, fha11 become dw a~d p~y-
eb~e iathwith, a thereaifer, at tF?e opr~on of said MORTGAGEE, at f~lly and completely as ii all of the said sums of money were a~ginalty •t~p~lafed
ro be pa~d on such day, anything in sa:d promissory nate w in this Mortgage to ths contrary notwithsund~ng; and thereupon a thereaftm a~ the opnon of
sa~d MORTGAGEE, without notice w demand, suit at law w in equity, therefore a thereaiter begun, may be proxcuted as if aIl moneyt secured !?ereby
nad maWred pnp to its institution.
7. That i~1 the event ~hat at the beginning of w ~f any time pending any svit upon thit Mo~tgsge, w to FOIKI03! if, a to retorm i~, or to enforce
payment of any cla~ms hcreunder, uid MORTGAGEE shall apply to the Cour~ having jurisdKt~on ~hereof fw fha appo~ntment of s Receiver, such Courf shall
for~hwith appoiM a receiver oF taid mortgaged property all snd singular, includ,ng sli and singul~r ~he income, p~ofits, iuuet and revenues irom whatever
wvrce derived, esch and every of wh~ch, it beiny expreuly un~krstood, is hereby mortgagcd ss if spec~ficalty set fath ~nd described in the ~rsnfing and
ha~endwn dauses hereof, and such Receiver shall have all the boad and effective lunctrons and powen in anyw~se entruated by a Court to a Receiver, and
s~ch appointment shsll be made by such Court as sn admitted eq~ity ~nd a matte~ of sbsolute rght to ~aid MORiGAGEE, snd wifhouf reference to fhs
adequacy o~ inadequacy oi the value of the properry morfgaged w ro the soMency w insoivcncy of taid AM1ORTGAGOR o~ the defendants, and that such
rems, profin, incorne, issues and revenues shall be applied by such Receiva according ~o the lien or equity of said MORTGAGEE and the prsctice oi such
Court. ,
8. To duly, promptly and fulty pe~fwm, discharge, execute, effect, complete, comply with ~nd abide by each and every the stipulations, agreemer~ts,
conditions and covenan~s in sa~d promissory nota and this mortgage set forth.
9. That in the event the owncnhip of the mortgaged prem;ses, w any parf thereof, becomes vested in • person other ~hsn tf~e MORTGAGOR, the
h10RTC,AGfE, iti svcceuws and aas~gns, may, without notice to the MORTGAOR, deal with such successw o~ successw in inferest wi~h reference to this
mo~tgaye and the debl hereby stcured in the same manner as with Mortgsgor without in ~ny way vi~isting a diuharging the Mortgago•i lisbility herr
u~der a upon the debt hereby srcured. No sak of Ihs premises hsreby ~nort~a~ed and no iubeararxe on the part oi ~he MORiGAGEE w its successors
or assigns and no exrension of the time fw the payment of the debt hereby secured 9iwn by 1M MORiGAGEE or its successors a su~gns, shall operate
ro release, discharge, mod~fy cfiange or affect 1F+e orig~nal liab~lity of tF+e MOR1G/1GOR her~en, either in whole a in pa?t.
10_ h is speuf~cally agreed that time is of the esxnce o( this contract and thaf no waiver of any obHgstion fiereundcr or of the obiigation se-
cu.ed hereby shall at any time thereafter be held ro be a w~iver of the hrms hereof a of tM ini~rumeM secu~ed herby.
ll. In add:t~o~ ro the fo~ego:ng moMhfy payments of princ'pal and interest tequired by th~ promissory no~e secvred hereby, mortgaqor covenants
a~d agrees to pay ro mortgagee vvith each momhly payrnent an addiiio~al sum estimated by mortga9ee to be equsl to 1/12 of the annual cou of the follow- '
ing: _
A-All real property taxet levied or assessed agai~at fhc above deuribed real estate.
B-P~emiums o~ (ire and windstorm insurance as herein requ~red to be carried on the improvements situate on tFie sbove d-str~bed premises.
C-Premivms on such matgage yuaranty insura..ce as mortgagee t1~a11 irom time to time deem fit to carry? on 1Fie loan secured hefeby_
Mortgapee shall lrom time ro rime no+ify mwtflayor in writ~ng of the amount duer and p~y~ble Ficrew+der and such wm shatl thereupon be due and
; ayable on the due da{e of the next monthty payment and,each sucteuive ~nonlh theresfter vatil mwtpsyee shall notify mortgagor of a change in such
a^ o~nt. Such sums shall be applied by mortgagee foward the payment of real p~operty ts:p, inwrance pr :ums, and mortgage guaranty insurance ,
p•emwms.
IN WITNE55 WHEREOF, ~he ssid MORTGAGOR hss hereunto set his hand and se~l ;the da a y irst af
Signed. Scaled nd deli ed in tl~e pr ence of:~ (
/ .
f IlEO ~?E COUNIY f , a •n
; - ? `~r~cc'''.° sT• a~ Ea ppl?RAS ' • ~ .
(Seaq
; , cRR CIRCUIt COURT . • scs~)
~ f . '~-s_, _ :f utF1E0 Zd .
! - _ , _ PM ~1~
~ SiATE Of FLORIDA ~ ~ 3 3a • -
~ couvn oF St. Lucie ~ ~~~Os
~ ~ra~ ,ne pe.,«,auy ,pp,,.ed Gerald B. Snyder, Jr.
~ _ Deborah A. Snyder his wife, to me well known and known to me to bs
~ ihe individwls deuribed in and who exetuted the fore9arg instrumanf, and atkrwwledped befor6 rt~ fhat ti~ey executed the wme for the purposes
~ha~e~~ ~xahxd. a,a t~ ~~a Debozah A. Snyder
~ w:•'e of ti~e said ~Z~Zd B. Snvder, .~Z. upon • sepa.ate and priv~t~
~ e,am~nation by me taEen separate and eparf from her said husband, adcnowledged to ~nd befpe me that she ezetuted said instrument freely and voluo-
~ar„y and witFaut any compulsion, constraint, apprehension, ~ fear of a from her ssid husband.
C
~ WITNESS my Mnd ~nd official seal this day of A. D. 19 ~
~ ' ~
~ Jr r .
~ Notary Public in sjW fo~, State of F{orida at La~ge
~ ' ' My Cunmiuioe~ ~xpud:
~ Return To: . Nobry R;:.`'c, St:;.., ef F:^-'~•- ..t t-,-7~
F~nt Federal Savings 8 loan Association t~y C.~:+'c-°y. Ea;.•ra: . :pr~
~ Of Fo~t P~erce. 30•..:_~ t~ ..:..,:r.ar. i~re c_ .._tr~ 4;.
~ Fort Pierce, Florida '
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! . ~.~1~, ,
~ This Instrument Prepared By J. Hal Robezts~ Jr. . `
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~ F~rst Federal Savings 8 Loan Association
~ of Fort Pierce r' ~ _ _ - ~ •
~ Fort Pierce, Ftarida 33450_ . r_- _
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-~e~k~ By ~oaK271 P~ 388 ~
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