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HomeMy WebLinkAbout0511 ~ To pl~c~ u~d continuously kNp on tFM Auildirgs eow w h.reahK ,~n,.a o~ Nid i,nd •~d on au eqv~~e~,~ •~d p.•s«?a~1y co~aed by ~n„ m«~~ with ~ll pr~miumb ~harew? pa~d i~ full, fin iruvranci in iM wwl iundard policy (orm, in • ~um ~pprov~d b~ th~ MOR(GAGEE. and w~nd~ram inswanc~ in th~ u~w) ~~~rd pol~cy fam, i~ a wm ~pprowd by ~M MORTGAGEE, ir+ wch comp.ny a cwnpania~ u~M NWRIGAGEE may di~~c~; ~nd aU f'v~ ~nd wir~arm iinwanp polici~a on u~y o( ~sid butWinpa, ~ny MtMpI th~rei~ or put thereof, in tM a99r~y~t~ wm ~laesaid w 1r+ ~:aa ~hKwi, aMll contaln tlw uiwl iundxd ma~ppN cla~ or ivch othp cl~us~ as tM MatyapN m~y requ~~~. m~ki~p t14 Iw~ v~Mr ~e,d po1i~ ci~+. ~ach ~nd ~wry. par+bM a s~id MWtTGAGEE p in intNe~t may appN~. and ~ach ~nd ~wry ~vch pol~cy shall b~ promptly ns.9nsd ar+d det~ver~d ~o •ny h~Id by s.id MORiGAGEE .s tw~M. s~cwhy ro s+id monpap. d.W, ~~d, nW I~u tha~ tM (10) day~ In ~dvance of 1M ixpir~tion of ~ach policy. to d~- liwr 1p ~aid A~QRTGAGEE • ~Mewal tM~wf. toyetMr wilA . r~utpt fw ~M p~mlum o( wch rsn~w~!r •nd ~Mr~ ihall b~ ~o i~~~ w wind~~wm insw~ncs ' p~ac~d on ~ny of wid buildinpt, ~ny int~r~at thtr~in or part tM~wf, uel~u in tM iwm ~nd wifh th~ bss payabl~ ai afaes~id; ~nd in tht event any tum ~ of mw»y becan~~ payabt~ undM wd? polycy o~ pol;cie~ aid MORTGAGEE shall Mw tM opran ro receiw a~+d ~pply rhe ia.~ on accouro o~ the indeb~ed- n.u ~ew~d hu~by w a pKmir ~a~d MORTGAGORS 10 ~euiw and uk II a any parf rhe~eof for other purpose~. wlihove fho.cb~ wa~~~ng w~n,pa~.- iny any pvity, IiN~ p r:ph1 unda or by vUtw o1 thi~ mortyap~i and in tM ~veM ~aid MORTGAGORS sl+all fw ~ny rwwn fait to k~ep /M taid pr~+nis~s so infurad, or (ai! b deliver promp~lp ~ny of saW polkies of irqurana ro s~id MORTGAGEE, w f~il promptly t0 pay (vlty ~ny premium iherefw o~ in a~,y rospacl f~ll to pa(orr~, dixhug~, execvt~, ~ffacl, compfets, comply wi~h aew! abids by thn cov~nanl, or ~ny par~ Mreof, said MORTGAGEE may v!x+ a~+d WY fa? wch lesw+nc~ or any put tMreof without w~lvinp o~ ~ffMinp any option, li~n, tquity, p r7pht under w by virtw of ~his Mwi9ap~. ~nd the fult ainouM of ~ath snd ~y svch paym~nl shall b~ imrn~diaqly dw and py~bt~ and ~hall bear tnttrest from the date thereof uroil paid ~t the ra~e ol . n~ns pK pmvm pN snrwm ~nd togetAa wi~h ivch imerest ih~ll b~ s~cured by tM li~n of tha mortqaya • 1. To pw~nit, oommil or wffa no wasti, irt~pairmt~?t or dNarior~tion of aaid p~opNty a any .part ti~treof. S. To pay ~11 and drpul~r th~ costs, ch~?~s u~d ~xp~ey inci~di~p • roason~bl~ atta~ey'a fes ar~d costs oi abstrattt of titb, incurred or psid at : eny tim~ by sad MORTGAGEE, b~caus~ or in the ~wnt of the failure on rM p~rt of ~M uid MORTGAGOR ro duty, Fr~nptfy and fulty pe.fwm, d~scharg~. ; e:ecvt~, e(h~t. oomplet~. oomP~Y with ~nd •b:d. by .ach a~+d we.y ths •npui.~ans, .9~ee.~e~n. oond~~a~., and cove~+a~n o~ said pQmiuory rat~ and thu ' mat9~ ~ny p Qithe?. and said cost~, dw~~s ~nd expenses. Nch and ~wry. ~hall b~ immediately due and pay~ble: whether a not the~e be norice de~ ~ mand. ~tt~mpf lo collact p wit pMdirg; and tM full arnount oi tach and way s~th paymeM ~hall be~r interes~ }rom the dat~ theraof until paid at the ~ rate of nuf~ p!r centwn pu arntum: and all s~id costti cMrpes ~nd expe~ne~ wKVrred or psid. ~ogether with such intcrett, ~hall b~ secured by ths lien of this ` morty~. 6. ihst ~ the ~vMt of aMr bnach o( tNs Mortyp~ a d~fwlt on Nr pxt of the N10RiGAGOR, w(b) in ~he avent any of s~~d swta of mw~ey fierein ref~n~d to b~ no1 p~omptlr and fully paid within thirty (~O) d+ys next after ~he tame seve?aily become due ~»d payabte. without demand a notice, ; or ic) in tM went each and way tl+~ stipuleY~ons, agreemenb, conditions and cover?~nts of ~a~d promisso~y note and ~h~s mort~age any w eirher are no1 iuly. prpenptly a+d fully pe~fwmed, d~xharged, executed, ~ffected, comp{~ted. complied wifh and abided ~y, tMn in ei~her or any such event tM said~ ag~ greyat~ wm mention~d in said prom~uory nute then r~ininp vnpaid. with iMeresl acaved, and all moneys secured herebY. sMll becoms due and pay- able forthwitA, or thereahe~, at the oprion oF said MORTGAGEE. ~s f~lly and comple~ely as it •!I of ~he said wms of money we~e o~iginaHy stipuieted ; ro be paid on wch day. anytNnp in ssid promissory note a in ~h$ Mortyage to 1M convary notwithyundiny; an:! ~here~pon w thereaher st the option of said MORTGAGEE, witho~l tw?ip a dsrrwnd. wit at law ot in eq~ity, thereforo or therNfter begun, may be QrosecWed u if all moneys ascured hereby { nad maewed prwr ro ~n iroGt~rion. f 7. Th~t in the event thaf ~t the beginning of or at ~ny fime pendi~g ~ny wif upon this Mortgage, a ro fweclose or to roform it, or to enforu ~ paymcnt pf ~ny daim~ hereunder. ~s;d MpRTGAGEE shalt apply to the Court twviny jurisd~ction thereof (a the appointmeM of • Recoiver. such Court shaH ~ forthwith ~ppoinl a reteiver of ssid mort~ed property al) and sinpula~, int{~d~ng all and singvli? the income. prolits, issue~ and revenves irom whataver wurce dirived, each and svery of whKh, it bsinp ~xprea~ly unders~ood, is he~eby mortgaged ~s if specNically stt falh and desuibed in the yraming and habendwn clsvses hereof, ~nd s~ch Receiver ihall have ~II the broad and effective functwns and powers in anyw~se emrusted by s Gou?1 to a Recaiver, and wch appoietment shall be made by such Court ss ~n admitted eQuity and a rrwner of absolute rigM to said MORTGAGEE, and withou! retrrence lo the adequscy ot in~deqvacy of tht v~lw of the property mortg~ged or fo the sohe~cy o~ iosolvency oi uid MORTGAGOR a tfie delendants, and that such re~rs, profits, income, issues and rwenues sMII be ~pplied by suth Receiver attwding to ~he I'~en u equity of iaid MORTGAGEE and the prsctice oF wch Court. . { 8. To duy, pramptty ~nd fvlly perfwm, d'acharye, exearts, eff~ct, complete, careply w~th ~nd abide by esch and every the stiputatan~, sgreemeon, ~ condi~ions and covenanrs in sa~d promissory not~ and tha morty~ sef forth. 9. That in the eveM Ihe owncnhip of the mortyaped premises, or :mr part thereof, becomes vested in a psrwn other thao ths MORTGAGOR, tM ~ MORTGAGEE, its wcceuors and auigns, may, without norice to the MORTGAOR, daal with such wcceuor a tucceuw in intartst wi+h referer.ce to this mortgay~ and the de~t he~eby secwed in the same manner u with Mortgtgor without in a~y way vitiatir~ w d~scharging tht Monyagors' liability htrr u~der or vpon the debt hereby secured. No sak of the prcmises F~ereby mortgaged and no (wbeara~ce o~ ~he part of tM MORiGAGEE w. iri successors or •ssigro and no extension of the time fa the payment of the debt hereby secured yiven by the MORTGAGEE w ih successors p assigrb, shall operab ro release, discFurys, modify tFwnge or affect the oripinal liability of the MORTGAGOR henin, either in whole w in parf. 10. h is sp~cificatiy ~greed thst ilme i~ of th~ ea~ence of this contrad ~nd that no waiver d aMr oblcg~tio~ hereunder or of the obligatian sr cvred h~rtby sh~ll at any time thereafter be held ro b~ a waiver ot the terms hereof or of fhe inftrumeM s~cured herby. 11: In adJ;teon to the forego:ng monthly payments of princ'pal and intereat req~ired by ths promissory nore srtured hereby, mortgagor covenants 3 e~d ag.e.s ro pay no mo~sgagee w~nc ~ach mor~rhtr pay.~,ent ,n add,»ona! aum est;,na,ed by mo.r9.gce ro be equal ro 1/12 of rhe anrwal cost of the fotlovw ~ ing: , A-NI real prope.ty taxes kv~ed or assessed against the a'xnre described rcal estate. ~ B-Premiums on fire ~nd wir~dstorm inwrance u herein requ:red to be carried on the improveme:+ts tituate on the above dtsaibed premises. ~-Vrwni~wns on wch mott9age gwranfy inswsnce as mor~gagee tFu11 from time to time deem iit to carry on ths ioan secvred hereby. _ Mo~age~ shall frorn time to ?ime naify moMgayor n„r;tirg of the +mount dve. and payabk hereunder ~~d such sum shall tMereupon be due and x payable on the due date of Ihe next monthlY p~Yment ~nd each suaessiv~ month ~hereafter until mwtyagee ihall not~fy mwtgagoi of a chae~e in wch : am,aunt. S~rrJ~ surns shall be ~pplied by mortyapee loward tir p+ymeM of ?eal property ta:ss, ins~rance prem:wns, and mort9age 9uaranTy insurance ± S p~emiurTd. - IN WITNESS WHEREOF, the ss+d MORTGAGOR has herwnto s~f his Mnd and seal. th~ y and sr first afotessid. ~ 'iyntt~, Ssaled and delivered In tht presanoe o ~ ~ ~ ~ ~ . t~ T~ a~es . on ~ ~ - ClEltt Q1RC~t C T' ~ Y u - ns vfR~FiEO ~ ~ ' a . - STATE OF FLORIDA ~ ' ~ = ~s~ 5 3 23 PM 1~ : courm oF St . Lucie ° ~ 1 7~,,. s ` _ . _ sefore m. P..iw,.~yr spp~a.ed Jaaes H Slanton = ~``z ~ : ~ - . ~ + ` ~ Bettv L. Bi~ntAn his w;ie, to ~ne ore~~l(oown~a~+d~~'wr?~o w b~ ~ E rhe infirvidwb dewib~d M ad who ~xsarted ~M fwe9oinp hstr~wn~rM, and ~dcnowledped b~fon me that they eicac~fs~.the s+me fpt the`~urposes ' ~ ;ti.«~~ .xae,.ea. ~.~a Batty L. Blanton : ; ; rvifr of tM Nid .li~@S H• BZa1]tOII '''.•~UMR~f1,i~V~~~ P~ i t~ i~d ivst~ examination bp m~ taken sep~are and apart irom hs~ ~id lwsb~nd, adcrqwledsjed to and before m~ that she exec~ted said instrument iriely u+d rotv~- t_ larily and w~thovt +nY aompuls~wi,. c«ut~~im, ~pp.s~, or fex of or from M? said husbsnd. } wnreESS m,? Mr~d «+a orrw.~ .s~.~ d,:. 3rd d,~, u t a p. ~v77 ~ ~ ~ F % tap~ P~blic in and iw the Stste of Flo~ida at luye ~ Rstwn 1a ~ My CaRGmssion tnp'aeu ~ First f~de~al Savinps i Loan Assotiation ~ Of FoA P~erce. s~ ~ ~ Fort Pierce, fbrida , ~ ~~M ~ MM~ b A.w+e.. rw a cr..w c.w... ~ . ' . ~ This Instrument Prepared By ~ry F. 8111~OOd • ~ ' First Federal Savings b loan Association # ~ of Fort Pier.e ' ~ ~ Fort Pierce, Florida 33450 ~ ~ Checked By--~" • . . BOOK~~~ PAGE ~ ~ ~ i ~ g~ ' • f , ' ; • ~ ~ { t ` ~ ~P