HomeMy WebLinkAbout0725 J. To pi~c• ~~d co~finuou~{y kcep on Ua bu~.J ~.gs n„u~r or h.reefier suue~e or ~,:d +•nd a~,d un eq„~N.nero •r~~1 pc~wn~lly cov~red by th;~ mortp.
•9s. wilh all pr~mivm~ ~Ixreon p~~d in lull, fue msuunte ~n ~ho ~wsl ~t~~r.iarJ yo ~cy Ic„n. m•~~,~, syNw.od by d~e MOk+(~AGEE. •nd w~nJ~~orm
1n~u~~nt~ 1~ Iha :riwl ~Nnd~rd po~~cy lam, in • wm •yp~orsd by ~M Mc~RiGAGEE, wch co•~ yany or canp~n~et ~s ~h~ MORTGAGEE rn~y
duKl: ~r?d •11 1ir• •nd wmds~o~m in~urenC~ pol~ua~ on •ny Oi ta~d k+u~~d,ny~. •ny ~mero~t t1~rr.;~n cr ~a~t ttir~rof, in IM •99re9~t~ wm alae~aid O?
In ~~ct~a tMr~ol, ~MII tont~ie th~ u~wl ~r+ndard matps9ea ususe or such othe~ ci•u~s ~s thr Mlt,rlyoyr! m~y reQu~r~, m~?inq ~h~ lost und~~ ~a~d poih
c~sf, ~ach ~nd ~vtry, p~r~bl~ to ~~id MORiGAGEE ~t m~ra•i~ m~y appaar. a~~d euh and e~e~v +uch ~w sh.ll 1~ prompuy ~»9nrd ~nd de~i~med ~o
•ny htld by q~d MORIGAGEE as fu~~1+N tccuri~y to a~~d n.a~page debb •~~J. not ie~s rtNn ~rn t10i dsy~ u~ •d+o~uo ol ~h~ eap~r~~~o~ of e~ch pobcy. to d~• I
Irv~r t0 wid MORTGAGEE • r~new+l thereof, toqe~t~m w~th a race~pt lor thr pr<<rnum ot wch ~e~~r+.o!; a~d ~he~e ~hall be no Gre o~ wind~torm insuranc• _
p~~c~d on s~y ol s~id bvildinys, a~y ime~e~t ther~in w part Ihereol, untess in ihe fcrm and Y.~~A ~he :ou peynLta as afo~es~~d; •nd in ~he aveM any s~m
of mpn~y becom~~ payabte undea auch poticy w poGcisf said MORTGAGfE ~~all hive ~hr o~.t:un ro rev_~+e ..nd a~p~y ihe sam~ en accouM o( the indebted-
nsu aecwed hereby M b ps~mit sa~d MORTGAGORS ~o recn~ve and uss i~ o~ a•,y co~ to, ou.~~ ~~~s. ..n~,~,.t ~h~,~„i ws~.~,g er ~~~,p..u- •
inq any p~ity, li~n a ri9h~ unde~ w by virtw of th~s mo::pag~; and '+n ~he avam se~d MURiGAGORS ~h•~H fw any raation (ail to keep the ~a;d premisei so j
~nwred, o~ fail b def?+ar pranptly •ny o1 se~d poLcies of insurence to sa;d MORIGA:.~ E, or Fo~I i:r;,~u{:ny ~o pay fully any pre~nw~n the~rfw w in any
reipect fail ro paiprty d~fcha~ge, eaecut~, elfect, tompleta, compiy wnh and ah~cie by th~s co.e~~r.~i, w any part h.;rtof, s~~d MGRTGAGEE m~y place a~~d ' M,
pay for tuth tniuranc~ or ~ny pait thereof without w~iv~ny or ~Neu~ng any o~,t~~n, Lr~, eyu~ry, or nyht ~nder w b~ vir?ue of this Mwt9s9~, and tht
f~ll amount of t~cA and tw~y zuch payment ~hall be ~mmed~ately due end payabte a~~d f~all be~r inte~et~ from iho dete thereo) umil paid at the ~ate ol
n~ne per centum pe~ annum snd to~ethrr w~~h tuch inrerest she~~ !x secured by the !~en o~ ~his mortgeye. •
1. To permit, axnmit w su(fer no wasle, impai~ment ot dNrr~ora~~on of said prope~ty w ~n~ part thereof. •
5. To pay all and sinqular tM costs, cMrgea and eY~xnses, irx.l~d~ng a reasonable anorney's fee ar~d costs of sb~fracts of ~itts, incwrod or pald at
eny time by taid MORTGAGEE, betause w in the ave~t of the (e~lure on tix par~ of tM aa~d MORiGAGOR to duly, p~ompHy fully psrlorm, d~xhar9t.
execut~, ei(ect, comptete, comply vv~th and ab.de by tach and every thc stipv~~~~ons, aqree~~~r~rs, cond~r~au, and covenants o( ia~d prom~sso~y note and thii
morrgapt any or ei~her, •nd sa~d costs, cha~ges and e~prnaes, each and evcry, ahall be ~mmrd~etrly due and payab~e; wheiher p not there be no+~ce ds
mand, attempl lo tollKt a suit pend~n9; ~nd the (~I! amount ot each and r+ery wch paymrM ihalt bra. mterest trom Ihe date I:.a~tof until paid at the
~~~e oi nine pe~ centvm per snnum; and all saK! tosts. chargra s~~d expenses ~rxurred w pa+d, togaii~e~ w~th such interest, shall be setu~ed by the lien oi this
mortQap~.
a. TMt (a) in the eve~~t of any breach of this Mortgaye w defa~lt on ~iro pa~t of ~he MORfGAGt)R. or ;b) In ~he event •ny of w:d sumt of money
herein refared to be rat promp~Iy and fully pa~d wnhin ~h~rty (301 deya ne.~ ai~e: ihe ~e~ne se+c~a:iy become due and payabte, wi~hout demand o~ notice,
or (c) in the evaM exh and every the stipuiations, agrrements, condrtio~s and covenants of se.d prom~sac~y nofe a~~d th~s mortga9e a~y or either s~e not
~uly, prompNy ~nd fully pertormed, d~scharged, executed, eilected, cwnp{etrd, compl~ed wrt~ and ab~ded 5y, then ~n e~rher w any such ~vent th~ said ~g
greg~t~ wm memioned in iaid prom~sso~y note then remain~ng unpa~d, w~~h ~nte~e~t accr„ed, and a~l ~nonryl sewrcd hereby, shatl become dw and pay-
ab!e forthwith, a thereatter, at the opr~on of said MORTGAGEE, as fu~ly and cortipinte!y as il a!1 ui ih~ sa~d s~:ns of money were onginally tGpula~cd
to be paid on svtA day, anythiny in sa~d promissory note w in this Mongage to ~IM co.~~rary 110fK~t1151d!~~:~.g, and ~he.eupon a therealler ~i the opt~on of
sa:d MORTGAGEE, withoul nouce o~ demand, suif at law w in equ~ty, thr~efo~e o~ therea(rzr b,:g~n, n~ay be proaecuted as if all moneys tecu~ed hereby
nad matured p~M lo it~ institutwn. ~
7. TMf in Ihe evcnt tMt et the beginning of or, at any :i:^e pen~ing any suit u,.on ~his Mo•}9aga or to (oreclose it, w to reform it, or to enforce
payment ol ~ny claims he~eunder, said MORiGAGEE shall apply to the Co~rt having ~unsd~ct~o~: th..~rot for the appo~ntmenl of a Reteiver, wcA Cour1 shail
forthwith appoint a receiver of iaid mortgaged prpperty all and sirg~ta~, intlud~ng ail and s~ngu~ar tf,e mtome, proFd3, issucs and tevenuea from whatever
sov.ce derived, each and every of wn~ch, it beiny express~y unde~stood, is h.ereby mur~gaged es rf aprc~ficetty set forth and desuioed i~ the yronting a.~d
habendum clauses he?eof, and such Receiver shatl have a~l the 6.oad and effect~ve funct:ons and powers io aoyw~se entrus~ed by a Courf to a Receiver, and
s~ch appointment shall be made by such Cou~t as an admittcd equity and a~++a~te~ of ebso!ure r~qht to aa~d MORTGAGEE, and without rsference to the
edequacy a inadequacy of the wlue of the proprrry mwtgaged or to fhr so.vency or u::o!vency o! setd MORfGAGOR w the defendaMS, and that such
re~n, profits, income, iuves aod revenues shall b~ appGed by svch Rcceive~ accord~ng ro ~he Gen or equity of uid MORiGAGEE and the prxtke of such
Court. .
8. To duly, p~omptly and (ully psrfwm, d~tcha.ge, execute, effect, complete, cornNiy w~th snd abede by each ~nd every the stipuiatio~~, agreements,
conditions and covenanb in sa~d promissory note and this rcortgage set forth.
9. That in the event the ownership of the mortgaged premises, or any part thercof, 6ecomes vestcd in a pe~son other thsn fhe MORTGAGOR, the
:'.ORTGAGEE. -its successon and assigns, may, without norlce ?o the 610RSGtiOR, deat w:rh s~ch scccessor or succesao~ in interest with refere~ce to thi~
mortgage and the debt hereby setured in the same mannar •s with Mortyagor wn?wut in any way vitlatinq or J~scharging Ihe Mortgago~s' liability here-
under or upon the debt hereby aecured. No sale of rhe Fremtses he.eby mo.tgagrd and no forbearance on fhe part of the ?dORTGAGEE w its successors
or ass~gns and no eatens~on of the time iw the payme~t of the debt hereby secured g"sven by the ~.'•ORiGAGEE or its successws or ass~gns, sliall operot~
ro release, discharye, rtad~fy chanye o? affett the o~iginal I;abil~ty of the MURTGAGOR he~ein, either m whoie cr io part.
10. ~t is spec~ficaliy egreed thal fime is of the essence of this contract and that no waiver of any obligation hereunder w oi tM obligstion se-
cvred hereby thall at any time thercafte? bs hcld lo be a we~ver of the terma hereoF or of the inarrume~~ secured herby.
11. In add.~io~ to the forego:ng month{y paymems of princ psl and ineerest req~~red by the prom~~aory nae secured hereb~, mortgagor covenants
and agrees ro pay to mo:tgagee with each monthly pa~rnent an aJd~nonal sum esnn.ared by mortyagee to be equai to 1;'1Y of thr annusl cost of the follow-
A-All real property taYes levied w sssrssed agal•,st the above deu•~bcd « al euare
B-Prem~ums on f~~e and winduorm inwracte as nere~n req~~~red ro be ca~n~ d c~ the [~r,;rovemeats situate on the above described premises.
C-Premiums on such mortgage guaranty irsuror:ce as morrgagee sha;i f;~m t me ro t~rnc deem fit to carry on the loan sec~red hereby.
Mwt9agee shall frc,m ume to time .wrify mortgagor ~n wnang of the an:ount duc and payable hereunder and such sum shall thereupon be due and
• ;.a;able on the d~e ciafe of the next month:y payment and each s~ccessive mcnth thereaher until rncrtgagee shall notify mortgagor of a change in such
a•~.o~nt. Such surns sFall be applied by mwtgagee toward ti,e payment of real propeny faxes, inswa~ce prem:ums, a~xJ mwtgage guaranty inwrance
;~.•emivmL ~
~ IN WIiNESS WH:REOF, the said MORTGAGOR has hereunto set h=s hand and seal the da and
i y year first aforesaid. .
! Sipned, Sealed and delivered in tRe pesence of: J f ~ct / '
i , ~ ' ~ ~L1~~l1L.. V (~V ~~.RJY~+~iti
- al)
i~., ~ , ~ ~ i~ en . arner -
f - r - ` (Sean
( - - , / - ~/fiiu~-c~ (sean
-CCazo ine a e
~ - k ' ~t ~ ` o lse+q
~ STATE OF fLORIDA / +
~ COUNTY OF St • L11Cle i SS
` Al~en G Warner
Before me personally sppeared • and
Caroline B• Warner h~s w~fe, to mx well known and known to me to bs
~ ~i,e individwls desaibed in ~nd who exec~ted ~he foregoing instrument, and acknowledged befwe me tAat ~hey executed the same for the purposes
~n~.~~~ .x~.~„~a. n„d r~ .~~a Caroline B. Warner
~ n~+fe of the said A11~1 G. warner upon a separate artd privat~
e.am~natio~ by me ta4en xps!ate and apart from her said husband, etknowlydged to and before me that ahe executed said instrument freeiy and volun-
~ rardy and without any compul~ion, constraint, ~pprehens~on, w fear of a from her said husband.
WITNESS my Mnd +nd official seal this ~-~I ~ day of Jplv , A. p. 19 77
~ - , - s i' ~ . X ` -
& Notary Public ~n Mi for t}~e State of F{orida`~t Larye
~ My Comm~ssion expires:
g Retur~ To: No1ory PuWie, SMto of fler;~a bf Lor
Firsf federal.5avings a lwn Aswtiat:on 4~
~ Of Fort Plerce. Mr ~^+~+~;ssion Ex;:;:;s 1aly 22, 1977
3 Fort Pierce, Flu~ida br Mxrican Fna 3 C~uy~(~ ~y_
!
G .
~
~ This Instrument Prepared By J. Hal RobeZt s~ Jr . - ~
~ First Federal Savings b Loan Association ~j~ A M ~ '
of Fort Pierce i T.l~CI! E~~~~
~ ~~ut~~r ~
Fort Pierce, Florida 33450 ROCER /OITR4S -
~~-C°~ =`R~UIT CCUR? . - , ~
~hecked By - _ `IEO~~~~.~~~ _J
,
zo ~o ~aN _
Bo~z71,~~ 725 3~4a ~h
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