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HomeMy WebLinkAbout0033 To pl~c~ and oontiewously kNp o~ ih~ bvitdirgs now p Mr~alt~r u~wt~ or said I~nd and on dl pvipn~nf ~nd pawndly cov~nd by fhi~ .ryortp~ p~, w«h ~fl premivms tMr~a? paid in fult, tin iMlN+Kf +narh~ ww! u~nfud po1Ky form, in •~um approv~d by rM MORTGAGEE, aod windstorm inswaew in th~ utiw) s+u~da.d pol~cy fam, in • wm approwd by ~M MORTGAGEE. in wch tompany u comp~nin q th~ MORTGAGEE m~y , d'u~ctt and ~II tir~ and wiew~wrm Inwrana policiy on N+y oi N~d build~npa. ~ny tntsrttf tM.tin or puf rMreof. in tlw ~yp,pi~~ wm da~id ot . IM uaa ~Mr~oi. ~hall com~in tIN vwal t~wxlard matpapM claus~ or wch aMr cl~i?s~ ~s tM Ma~~a~ m~y ~pvu~. m~hinp tM los~ vndN u~d po1F . cia. Ncb aed ~v~ry, paYabl~ b said MORTGAGEE ~s ib intcvat nwr ~pp~ar, and ~acA and ~very ~vch polccy ~hall M p~omptly s~s:9n~d uid deliv~i~d to any h~fd br wid AApRTGAGEE a(wtF~w ucwFty ~o atd monp~ d~bt. ~rw~, nw iqs ~h~n t~n (l0) day~ in «Iwnc~ of ~F?~ ~ap'uat~ of ~~ch policy, ro dr liw~ a wid MORTGAGEE • rernw~l tMrwf, eo~~Mr wi~h • r~uipt iw tM premiwn of wch rtnewal; and tMn ~hall M oo fir~ w winds~am ieuu~~nu plaad on ~ny of uid b~ildin~, iAy GItOfHi tllNtifl 01 ~fl fANpI, uni~ss in •th~ form and w+rh tM loq pavibk as ala~saidj and in tM wM~ ~oy sum of nan~y b~canes P+yable unda sud? pdky w potict~s s+id MOltTGAGEE sMll h~w ~M option to r~c~iw and ~pply tM sam~ on acoo~nl oi fM ind~btrd~ n~st Ntw~d f~~by a q pNmit s~k) MORTGAGORS ro reteiw s~d vw lt a any psrt 11+~~eof for other purpose~, without ihxeb/ waivin~ a~mpai~- ~np any pv~ty, li.o a~;pAe w~d.r a bp vir~w of fhis mwro+p.: •od ~n ~M •vs+?r sa~d MORTGAGORS ~h.i1 ~w u?r nason bil to ks~p ~F?~ a~id p~misN so ~ insund, w fail b d~liw. promptly ~ny oE said polKies of inwrana ro aid MORTGAGEE, a fail p?omptty to pay fully any premium thersfor a in ~ny " rap~ct fatl b pKforen, diulw~qe. ~xecW~. eff~cl. tomplet~. oomply with u~d ab+d~ by ?his cov~nant. w ~ny psrt Mreof, said MpRTGAGEE may place ~nd WY f~.wd~ Insw+nc~ or sny put tha~of without w~Ninp or aff~ctinp any option, lian. pulty. w rpM unda a by virtw of this Mwf~+p~. and the • full amovet of ~ath ~nd ~vNy wd~ p~ym~nt sMll b~ im~nedi~tely dua ~nd pay~bb and ahall b~ar iftlMt~t f~Om tIM dlf~ fhfflO} tmtU pald H tM ?at~ 01 niM p!? pllfWq ~f ~MyT Yld f00lIIMf wi~h wch int~rast iMti be tecured by tM IiM ol thls morlpp~. 4. To pKmit, comn?it a wffK no wa~t~, impairm~nt o~ d~t~rior~tio~ of s~d prope~ty or any psrt tMnof. S. To pay all ~nd sinpvlar th~ cotts, chu~ and exp~nw~, includiny a nasonabl~ attaney's fN snd cosn of ~bslrsns of titl~. ie~cun~d a p~1d ~t ~ny tim~ by said MORTGAGEE, b~caus~ a in the ~vMt of 1h~ i~ilwt on the pa~t of tM said MORTGAGOR to dvly, promptly and fvlly p~rform, d~xhup~t execut~. ~tt~st, eomptet~ eomply with u+d ~b+d~ by ~ach ~nd ~w.y tM »~pularioeq, ~y~esm~nts, ~onditions. ~nd oovManq of said promissory rw?~ and thq maty~ any a ~itlwr. u~d said cotts, ch+rp~s ~nd expMaei. ~ach and ~vsry, ahali be immediately dw ~~d p~y~bt~; wMrlw a nW t1~r~ b~ rar~ eM mand. atMmpt to coflect a wit p~r~npj and ths full anount of each and every wth p~yenent sMll bear intereit f~om tM d+t~ th~reof until paid tF~e rate of nine p~? tenWm pet ~rwwm; and all Wid eoats, clyrpes and expMS~s incurrsd w p~id, topather witA such imer~st. shall b~ acur~d by tM IiM of tha 6. That (a) tn the wa+t of any brexh of thb MwtQay~ a d~iwtt on tlr part of ths MORTGAGOR, u(b) in th~ went ~ny of isid swm of money herein r~FKr~d lo be not peompttp u~d fully paid within thirty (30) daya ne,ef af~e. The ~•me s~verally becwne due •nd p,yabb. wi~ho~et dem~nd a nofice. or (c) M th~ went ~ad~ and ewry tfn aHpulstio~s, ayre~nts, conditions and covenanq of said promissory note and thi~ mortQape arhr a ~ither ~re no1 iulY, promptly and fvlly p~rformsd, dwcAarqed, execvted. ~ffscted, cwnpt~ted, compli~d wi~h and ~b~dad by, rhen in ~i~her w any such ~v~nt tlw said p~ pre9atr sum mN?tio~ed in a~id p~omis~or~ twt~ ~Mn remrieinp unpaid. with inter~~t xuued, ~nd aft rno~xys ~ecured MrebY. aMll beoonw dw and pay~ ah~e fathwitly or ~Mreafter, at the option of said MpRTGAGEE, as fvUy ~nd compktely as if ~II of tF?e said syma of mo~?ey were wpindly atipulated to be p~id on wch day. anythinp In said promiuory note w i~ thh Mptga~e ~o ths contrary notwi~hsr~~ding; ~nd ~hereupon or thereshe~ ~t tl+~ optio~ of said 1NORTCsAGEE. wittwut notica o? d~mand, wit at t~w a i~ eqvity, tMrefore or thereafrer begun. may be prosecufed as if aU moneys ~scwed har~by had maRx~d prior to ~n Instin,~ia+. 7. iMt in tl+~ avent rh~t ~t tl+~ b~ginr?inp of or st ~ny tim~ pcy,din~ ~~y :u~t upon this Mortgage. a w fo~eclose it, w to refw~n it. or ro enfora PaYme~t of ~nY d+ims hMevnde~, said MORTGAGEE ~MII apply to the Court Aaviny jurisdiction thereof tw tM appointment of a Receiver, such Cowt shaN Forthwith sppoint ~ nceiwr of seid mortp~yed prop~rry all and ~inyvlar, iacludu~g all and sinqulsr th~ incomtr. Profits, hsues ~~d revenues from wh~tever tourc~ detiwd exh ud every of whith, it beioq expressly v~ders~ood. q hercby mw~gaged as if tpec~ficslly s~t fath ~nd described ie th~ prantirip and haber~dum cbusas hMeof, and such Receire~ shall have aU the b.o+d ~nd efisctive funa~ons and powers in snywis~ entrwted bp ~ Couh to ~ Receiver, and cuch sppointm~nt tha11 bs m~d~ by such Court ,p an adnutted equity ~nd a rtrtter of absolute right to ssid MORTGAGEE, ~nd without referenu fa !M adequicy a inadeqwcy of the vatw of fhe prop~sy monysQed w ~e the wwency or insolvency of said MpRiGAGOR p tlw defendant~, ~nd that such renn, profi~s, incwn~, iasues and r~wnues shall b~ spplied by tuth Receiver ~ccordiny to the lian w puity of sa;d MORTGAGEE and the practic~ of such Ccutt. - 8. To dvly, promptly and fuly perfo?m, dixhsroe, execute, effect, comptefe, comply with snd ~bid~ by each ~nd every th~ stipvlations, yrsemertb, condit;an ~nd coven~nq In said promiasory note and th;s mort9sge set fath. 9. That in tM event the ownenhip of tht mortgayed prem;ses, w any part thereof, becomes vested in a perwn other tFun the -MORTGAGOR, tM MORTGAGEF„ ifs succes~oa ~nd ~uipns, may; w;thout notice to the MORTGAOR, dtal with such suttessor w successor in iMe?est with re(erenu to this mort~aQ~ and the debf hereby secwed in the sart~e ~rururor ~s with Mwtgapw withovt sny way vitiatin9 a dixhsrginp the Mortyayon' iisbility Mrr unda or upon ehe d~b~ hereby secwed_ No w~e of the prcmises FK.eby mo,t9ag~d u,d ~o forbear~nce on the pan of the MORTGAGEE w its tuccesson or auigns and no sat~ion of tM tirt~e for rhs payment of the debt Mrtby secwed Qirs~? by the MORTGAGEE w its wcoessors ar ~ssig%, a1y11 operata ro relsat~, discl?~r~, nqdi(y tlunyt or affect the original liability of the MORTGAGOR h~rein, either in wlale or in part. t0. It h spec~ficsly agr~ed Mat time is of the essence of this contract and tha~ ~o wi~ver of any obligation here~nde~ or of th~ obliyation se- cured h~reby if~all at any time thereaher be heid to be ~ w~iver of tAe terms hereof or of t1~e irutrument secured he?by. i 1. in add~tipn ro rhe forego:rg monthlY paYme~t~ o( princ"pa! and interost required by the promissory nute secured herebY, mortgsgw covenanb and agrees to pay to mortgages with each monlhly paymeM an addi~ana~ wm estimafed by mortgagee to be equal to 1% 12 of the annwl cost of the fdlow- ing: A-Aq real property taxes kvied w auessed against the above deuribed real esqte. - B-Premiums on fire and windstwm insurarce as F~?ein requ~red to be wrried on the improveme~ts situate on tF~e sbove desuibed p~emiies. C-Premiums on wch mortgsge guaranfy inswancs as mongsgee shalt from t~me ro time deem fit to carry on the ban secured hereby. ll~wtgagee sMll from time to time notify mortgagor in Mrriting of the amount due and payable hereunder a~d such wm :kall thereupon be due ~nd payable on the due date of rhe next monthly payment and exh successive month tF?ereafter until mortgsgee shatl rsotify mortgagw of a charge in such amount. Such sums shall be applied by mortya9ee toward the payment oi real property taxes, insurance prem;ums, and mortgsge gwranty inwnnce premiums. !N Wl~NE55 YVHERfOF, th~ said MORTGAGOR has hereumo ~et his hsnd snd Kal the day a~d u firit ~foresaid Sipn~d, ~aled and deliver~d in the pra~nce of: Cii~ ~j.~V v~"^~!/-~ _.(Sea~ Anthony . ?onus ,,~~ry 1 , ~ ~ ~d~~,~s.+R ~ en nus STATE OF FlOR10A ~ COUNTY OF St . LUC1@ B~fore me perso~wlly appeared AQt hony A. T onu s aod ~ n Tony,,g his wife, fo me well keown and known to me to be ~he individuab describd in and who e~ucuted th~ fonyarg instrunxnt. and acknowled~ect Mfw~ me that •Hx~r ~xewted the ~arna fw the P~?Poses rherein ~xpress~d, Md the a~~d !~o ] p n Tnn ~ c C~+T~ Anthony A. Tonus ~ ~ ~ by me fsken s~par~t~ ~nd ~paet from her s~id Fwsb~nd, acknowl~dped b+nd befwe me tMt ~he executed said 'uqtrvmen~ fndr and volvn- ra.fly xd withovl anY comP~lsion, constraim. ~PPrehensan, w fssr of w from f?~u ~aid iwrsband. . WITNESS my Iwnd ~nd offici~l ~eal thia •I Il Oi =19 2~, d,y ot Se tember ~ ~ 77 . • :r. ~ . i'~.... 4 ~~Q. ' ~ Noary Publit in and fw fhe SlitR di flaida luQ~' , . ~~~a ` Mr cwnm?uia? - , . Retum Ta Q f.~ s.~;~. a~, a~a~~ ~t o~k RI(~RRf ED t~UAt Of Fort .P7erce. Itot~ry ?e' S;ate af ~tai j~ :~a! -lttpe'~, + Fort Pierce. Fbrida Uro ~Q ^ 1~~ ~tN1I1:ttSSipq ' ti ~I [ ~ Fx~ ~':Se; ~~.rrMa~~~ • . ~ This Instrument Prepared By R.E. Poindextor ~ ~ ~ First Federal Savings ~ Loan Assotiation of fort Pierce - Fort Pierce, Florida 33450 Checked By ~ C1'~ bp ~ - , ~ ~ ~ eoo~ ~ PAGE , ` ~ ; t~ ~ ; - : .