HomeMy WebLinkAbout0265 To l~c~ ~nd continuously keep on tM bu~:'d~nqs now w Mnaiter ~tu~t~ or t~~d I~nd a~d a+ att eyu~p~nenl and peroon~lly covered by ~his mwt¢
~y~, wiih ~I~p~lmwml ~h~.~on pa~d m full, Gre insur~na m iM wwl ~~•nd•rd polKy iorm, in • wm •yy~orni b~ ~I~e MUR~G:+GEE, a~K! w~~~d~~am
in~u.an~~ in IM usw) ~~andard po~~cy fam, lo a?um ~p~l:oved by ~M N10RTGAGEE, in u?ch company w companles u fh~ MORT(aAGEE may
du~tb ~nd ~II fir~ • ~nd windstorm irour~nc~ pulicies on a~y of ss+d build~nyf, aoy iM~rest Ihtrein o~ psil thereol, in the agyreya~e ium atweN~d a
In ~xpu Ihe~eo/, ihall contain IM usual ~1~~dsrd mote9apN clause w~uch o~l+er clau~~ ~i tM Maipage~ m~y ieqv;r~. m~?inp ~M lois u~der s~~d pol6
cisi, ~~tA ~nd evKy, peyabt~ to uid MORiGAGEE a~ ~n ima.s~ may app~ar. and each and ~vay tuch policy ~haU b~ prompHy ais gncd and deGvared ~o
eny Mld by said MORTGAGEE a~ lurths~ iecw~ty ~o ~aid mort9ap~ debt, ~nd, nW Ieu tM~ len p01 d~y in adv~Ke of ~M expira~ion of eacb poircy, ro d~- .
Gvsr Io iaid MORIGAGEE a ~e~ewal tMreof, Ioqe~Mr wi~h • rec~ipl iw Ihe pr~mium oi tvch rencwal; and ~here shatl bt no f~re or w~~dsto~m inwruu~
pl~c~d on ~ny of said building~, ~ny interttl thNein or pa~t tM?wf, unfes~ In ~M iam and wiih ~M loss payable a~ a(aesaid; ~nd in ~M evem any sum
of mon~y becorM~ payable und~r ~uch polity a pol~tiss said MORTGAGEE s1u11 haw iM opt~on to receive and appty the s+me on accounl 01 the indrbted~ -
neu fecw~d her~by w tp p~~mil said MORTGAGORS to reteiv~ and ua it w•ny pa~t thrreol fw othcr purHOSCS, v.~~t:out rh~.cu~ w.:i.i~i3 or m~p„~.-
ing any eqvity, lie~ w r7qM undsr or by virtw of thii mort9a~~i and in ~Fw ~wnt uid MORTGAGORS ihall for any reaton fail to keep ~he s~id pr~miui ~o
irtsvred, w fail fo dclive~ pranpNy ~ny of said policie~ of insurancl to s~id MORTGAGEE, o~ fa~l promptly Io pay fulty any pre~ni~m therafw or in anY
respect fail w per(wm, disch~rge, executs, elfect, complete, comply wi~h and abids by thi~ covananr, or any ps~t hrreof, said MORTGAGEE may p~ace a•~o
pey tor ~uch Insuiant~ q any pan ?hereof witAout waivinp or ~ffectirp any oplion, litn, pv~ty, w righf under w by virtw of lhis Vlortgags, and ~he j - ~
f~ll ~mount of each and ev~ry such paymant ihall be imrned~at~ly dw and payabb and ~hall besr intereit from the dat~ thereoi ~n~il pa~d at the ru~ 01 •
n~ne per tMtum pe~ annum und to~e~her with such inee~est sMli be secu~ed by 1M litn o~ Ih~s matys9e. ~ .
To pHmit, oanmit or wffn ra wast~, lmpa'amem w detsrioration of said propaty a~ny pan ther~of.
S. To pay ~Il and sirgular tlw costs, charges and ~xpenses, includinp a reasonabl~ attaney i fee and cost~ of ab~trxts o( title, incu~red w paid at
any ~irn~ by said MORiGACsEE, becaus~ w in the ewm of ~he ~ailu~e on ~FK part of tM taid MORiGAGOR to duty, prompNy and fully perfam, d~xharge.
execute, f~fKt, comple~~, comply w~th ~nd ~b:d~ by ~ach ~+d every ths itipulat~ons, preemenn, cofditions, ~nd tovenanls of s~id promissory note and ~h~s
mor~9ape ~ny w eithc~. and said tosts, th~rgtf ~nd expenses. e+ch ~nd ~very, tMll bt immedi~tely due and paysble: whether w no~ there be no~Ke da
mand, an~mpt to collect or wit p~nd~~gt and the futt amount of aach ~nd evKy such p~ymem ahall bea. inroreat irom ~Fx dale thereof until paid at rhe
rare oi nine per centum pe~ annurn; and all uid coars, charges and expensex incurred a paid, ~oge~he~ w~~h such interest, ~hall be secured by the lien of thi~ :
mortpa~.
6. ThN (s) in ths evMt of any beach of thia Matyap~ a d~fa~lt on ~M part of ~he INORTGAGOR, u(b) in the event any of satd sums of money
herein ro(erred ~o be not promprly and (ully paid within thirty (3p) days nexl afte~ ~he same se~eratty become due a.xi payable, wiilau~ demand or noiice,
o. (c) in tM event each ~nd every the stipulatio~s, ~greemsntt, condiYans and covenants of ss~d p~omiuory ~ote and th~s mo+tgsge any a eithe? a~e no~
~uly, promptly u~d fully performed, d~uharged, executed, ~ffected, completed, complied with and sb~ded by, then in either or any such evem the said ag-
flregate sum mentioned in sa~d promisso~y rtot~ then rem~ininp unpaid, with intereit accrued, ~nd a11 moneys secured hereby, shall become dw and pay~
able fwlhwilh, o~ thereaitcr, ~t the option of sa~d MORTGAGEE, as fully ~nd compktely ss i( sll of the .uid sums o( rtaney were aiginaily s~~putated
to be pa~d on such day, anything in safd promissory note a in this Monyage to the contrary notwithsrond~ng; and ~hereupon w ~hereafter at ~he opt~on of
sa~d MORTCsAGEE, without notite a demarsd, svit at I~w p in equity, therefore w thereatter beguo, may be prostcuted u if all mwieys secured hereby
nad matwtd prwr to iri institut~on. _
7. TMf i~ the event that at the begiqning of or at any time pendinq ~ny wif vpon this Mwtgsge, or to ~weclox it, or lo refwm it, or to enforce
FaymeM of ~o~r;da~ms hereunder, said MORTGAGEE sh~ll apply fo the Coun hivinp jwiulitrion thcreot for the eppantmeM of a'RKliVlf, wch Court shall
Fo.rhwilh ~ppoiM a receiver o1 said mwtgaged property all u~d sir?pvla~, includ~ng stl +od fingvl~r the intome, Fro1rts, issues snd ~evenues irom whatever
~outcs daiived, ~ach and every of which, it bNnp'txprcssly untkntood, is hereby mw?g+ged ss tf spec;iicatty set fath and tkst+ibed in Ihe yrannng e~d
habendvm cb~s~s Ixreof, ~nd tuch Receiver sMll have all the 6ro~d and eNectire funct~ons and powers In ~nyw~se entrusted by a Court fo a Receiver anA
such sp~wintmeM shall be made by wch Cowt as an admined :yuity ~nd a mitta~ of absolute rigM to said MO(iiGAGEE, ~nd w~~Fwut reference ~o tM
adequacy d insdequacy of Ihe wl~e o/ the prope~y mortgsged o~ to tix sohrency w insolvency of said MORTGAGOR or the defendants, and that such
~enrs, profits, incame, iuues and revenuss sh~ll b~ ~pplied by such Receiv~~ accwding ro ~he lien or equity of said MORTGAGEE a~d the prac~ice o} such
Court. .
8. To•di?y, promptly a~+d fully perfwm, d'ncl+uge, execure, effM, complete, comply wcth •nd abide by ~ach and every the stipulations, sgreementt,
cond7tions and covenm~s ~n said promissory note and ~h~s rtangags sat fath.
9. That in tM lvent the owner:hip of the mortgaged premiies, p a~y part thereof, becomes vested in a pc.wn other than the MORTGAGOR, the
MORTGAGEE, its succeuoas and +u~yns, may, without notice to the MORTG~?OR, de+l with such successor w succes~r in interest wi~h reference to this
mo~tgye and the debl hereby secured in the sarne rnanner as with Mortgagor without in any way vitiatirg w dischsrging fhe Mortgagws' Jiabtlity herr
u~,der or ~pon the debt her~by secwed. No s~le of th~ ~xems"se~ hereby mo.~yped ~nd no torbesrance on the put oi ~he NIpRTGAGfE or in suuesson
or a:sgns +nd no exteniwn of the time for the paymem of the debt hereby secured qiven by the MORTGAGEE w its successors a ass~gns, a,'wll ope~a~e
to release, discMr9e. rrqdify change a a(fnct the wiyin~l liab~lity of the MORTGAGOR here~n, ~ither in whok or in p+.t.
10. h b specifiully agretd that time $ of ths eastoce of this cor*ract ~nd th~t no w~iver of any oblgat~on hereurder or of tAe'obligation se-
cured hereby shall at any time thereafter be held to be a waiver of the tetms hereof w of the instrument secured herby.
1 t. In add~tia~ to the (o~ego:ng monthly payments of princ'pal and i~terest required by the p:om~ssory no!e secured hereb~, mortgagor covenants
and agre~s to pay ro mortgagee with each monthly payment an addirions! sum estimated by mo~tgagee ro be equal to 1/12 of the annual cost of the follow-
ing:
A-All real property taxes kvied or assessed against the above described resl estate.
B-Premivms on fire and windstorm insurar.ce as he~e~n ret{u~red to be carried on the improveme~ts situate on the above destribed premises.
C-Premi~ms on wch mort9~ge 9uarantY ~nwrance as mwtgagte shaN from ttme to time deem fit to carry on the ban secured hereby
Mortgagee shall from time to time notify mortgsgw in writi~g of the smouM dve end psyabk hereunder.and such sum shall therevpon be dVe and
Fayable on the due date of the next monthly payment and each successive month thereafter urtif mortgagee shall ratify mortgagor of a change in such
a-+-•ount. Such svms shall be applied bp e~ort9sgee toward the paymenf of resl properry taxes, insurance prem:ums; ai?d mortgsge guarsoty irtwrante
wemiumf.
I IN WITNESS WHfiREOF, the said MORTGAGOQ has hereunto set his hand and se~l the day and year first afae id.
j Sipne Sealed and delivered in the presence of: n
E ~
" S an
an
~ r ~ g (Sea~
- • " ~!t Pe+tA~s u1- r •
- - tLfRK CiF.t?YIT CJ{!~T SeaO
~ vr~~fi~o therine B. Bn nd an
STATE OF FLOftIDA ~ 3 4s PM'~~ 3~~~~~ w`.'1`.•y,f~:t~~~~~
~ ^ ~
couNn oF St - LUCf p
~fa GQOrge L. Bngland ~ =
.
~ ~~IGat~erine S. Ba land ' - '
9 his wi(e, to me we11 known ~nd krio~rn.t~~ to be
rhe indvidwls described in and who ~xecuted ths foreQany instrument, and +cknowkdged before me that tFw~G~:eWt~ the same tQr ~'{trrposes
rherein e~K.~a. a,a ~h. ~~a Ratherine 8. Bn9land : t: _
~,~re or .~~a Georae L. Bnaland ;
~
.}-,<rs.!ip°n aitpaerre ~Qil private
exam~nation by me taken separ~te and apart from her said husband, ~dcnowl~d~ed ro and befwe me that she wcutE~ ai~{ ih~ttypyewt~~eely~and volur?~ ~
ter~ly and witi~out s+ry compulsan, constraint, appreF~ernion, a fs~r of a from Mer said Iwsband. ~j~ ~ ..+-e _
WITNE55 my hand and ofiicisl seal th~ ~d dsy of Au uSt 'j.•~H• ~•y Y~~;`%1` D. 19 77
~ ~ ~ ,i .
~ Nota Pu ic and for the Sute of Florida at lsr~e
- My Comrt~iuan e:pires:
Return To: •
~ First feder~l Savi~gs ~ Loan Associat~on j~. S~ ~ 4.~
O( fort P~erce.
~ Fort Pierce. Flw~da My ~Y~NIKSIWI Eipirls AIy. 3O. ~4~
IMM~ I1WSr rw ~ CwM ~+~w
~ This Instrument Pre ared B r .
P Y Ga y F. Bllwood
First Federal Savings 8 loan Association
of Fort Pierce
Fort Pierce, Florida 33450 ,~OOK PACf
~ ~hecked By -
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