HomeMy WebLinkAbout0711 To plau ~nd continuoutiy k~ep on tha twil,i~ngs now a Aere~h~r ~itwt~ or s~id I~nd ~nd on all eq~~pmem ~nd pasonally cover~d by tAis matQ~
with ~I) pr~miuin~ Ihsreon pa~d in full, t~r• insur~nce in the usual ~t~nfaid po1Ky ~wm, in ~ wm approrcd by the MOR(GAGEE, and w~~~onn
Yww~nct in rM uswl ~~~ndard pol~cy fam, in • sum ~pprov~d by tM N1~RiGAGEE, in wc1+ canP+nY o~ co^W+^~K tM MORTGAGEE mar
dinctr ~nd all fk~ u+d w~arm inswanc~ polrc~es on any ol ~a~d bu~id~np~, ~ny iro~.a~ ~h~*ein a pan tF~~of, in tM app~pa~e wm ~for~sa7d w
N~auss ~Ae~wf, ~hall con~~in ~M usvsl sundard mor~~+qM clause a sucA otl+e~ clauu u ~h~ Mw~ypN ~*~+y requr~. makinp tM I~s unda s+d po1F
cws. NcA and ~wrY. payabl~ ~o taid MORTGAGEE as in intetsst may app~a~, Md e+ch w+d ~vcry sucA pol,cy shall b~ promptly au.yned ~nd delivHed ~o
~ny M!d by ~a7d MORTGAGEE as tur~l?~r secu~ity to sa~d monpa~ debt, and. no1 les~ ~h~n te~ (10) days in ad~anc~ of the •apiratan of ~ach policy. to dr
IivN b wid MORTGAGEE ~ renewal thereof. topetha witA • receipt fw tM pr~mium of iuch r~~ew~l; ~nd IMr• shalt b~ ro fir~ a win~~twm Inwr~nt~
pl~pd on aMr of s~id bvild~nps, ~~y inter~s~ tF~tre~e? w part the~wf, unlea in tM torm and with tM loss paY~bk ~s afaesaid: ~nd in the tvsnl ~ny tun+
of moMy becpn~~ p~yabl~ unda such policy a po1KMS uid MORTGAGEE ~Aall Mw the optwn to r~ce~w and ~pply tM same on ~ccount of tAe ind~bted-
n~u ~acwtd h~r~by a q pe~mit faid MORTGAGORS to receivs ~nd uf~ it o~ any part the~eof fw oth~r purposes, w~~hou1 Ih>reo~ waiving w+mpau-
inp any puity, lien w rpht v+~de~ w by vi~tue of tha morsqpr, and in dw we~?t said MORiGAGORS ~lwll iw any reason fail to k~ep the s+~d pranisa~ w
insured, or fail b deliver promptly ~ny of ~id polities of insuraoce fo uid MORTGAGEE. o~ }ail promptly to pay fulty ~ny prem~um the~efw o~ i~ any
nfpect bil b pNform, dixAar~, txecute, eftM, comptefe, tomply with ~nd ~bide by this coven~nt, a~ny parl hereof, said MORiGAGEE m~y p~+ce •~d
p~y fa ~uch inwranc~ w any put thcreof without w+ivinq o~ affectinp any opt~on, licn, eqvety, w righl under w by virtue of this Mo.tg~ye. ~~d the
full amount o) tach M+d ~wry such p+yn+ent shall be invnediat~ly dw and pay~hi~ +nd shall bcar intc~est from tM date thercof until paid a1 tM rate d,-
~irw pN c~ntwn pN u~num and 1oge~hcr with tuch interest shalt be secured by th~ lien of thin mort9~. . -
1. To pamit, oarrnit or wffer ra wast~, impairment or detavior~tan of ~aid property o? any part tAereof.
S. To p~y alt and ~input~r tM costi, charges and expenaes, includiny a reasonabl~ anorney i fe~ and coats of absrracn of tirts, incu.red o~ p~~d ~t
~ny tim~ by uid MOaTGAGEE, bcws~ w in the ~vent of tM f~ilur~ on tha part of tl» aaid MORTGAGOR 1o duly, promptly and fully perform, d~xharge.
uecut~, tffect. comdlct~. comply with and ~b~de by ~ach +nd every ~M s~ip.~lanons, ~yreem~na, conditioru, ~nd covenann of ~aid promissory not~ and thii
mwtype any a e~ther. and ~aid cosb, cMrges ~nd e:penses, each ar+d ewry. ~hall b~ immedidely due ~nd pay~Wr, whcther w not th~rt be notice ds
m~nd, ~ttempt ro colkct w wit p~ndirgs and tha full amoum of each ~nd wMr wch p+Yme^t tMll bea. inrer~st from tl+e da~e thereof until p~id tl the
.ate of nine per c~ntum per ~nn~m; ~nd all uid msts, ci+~rges and expenses incurred w paid, topether with such intarnt, ~hall b~ sacured by tM tieo of thif
~
6. TMt in the event of any brcach of thu Mortyage w default on tlr paA of the N10RTGAGOR, w(b) in the evem ~ny of sa~d wms of money
Mrein r~f~ned to bs not promptly ar?d fully paid within th~rty (30) days neat after the s~me severally become dw and pay~ble. without dern~nd a notite.
o? h the wem exh ~nd ~wry thc stipvl~tions. ~grecm~nri. con~itions and cove~wnq of ta+d promiasory note aad tl?~s mwtpsye ~ny a either ~re nd
iuly, pomprly ~nd futly p~rformed, d~acMrped, executcd. ~fiecud. compkted, complitd w+th and ab~ded Sy, tM~ee~ in e~the~ or any iuch eveM tM s~~d ag~
prepa» sum mem'ar»d in uid promissory no~t tl+en remaininp w+ptid, with iete.est acuued, ~nd all ma~eys aecured I+ereby, sh+lt beoon+e dw ard p~y-
sbb fwthwith, w tMreafte?, a? the option of sa~d MORTGAGEE, u fully and completely u if all of t!x syd wna o~.,nwney •we~. pginalty ~tipulated
ro be ptid on such day. ~oythinp in si~d prom~ssory note w in this Mortype to the conuary ~otwithstindinp; and thereupon d there~ker at tM opt~on of
said MORTGAGEE, wifhout ~otic~ o~ demand, wit at law a in equiry, therefa~ w/Mreatter bepu~, may bs prw~cvted u if•dl mw+eys ~esvrd hereby
had mah,red prw. to i» iiariturion. . •
7. TMt in tl+~ w~nt that at the beginnirg af o~ at any tirrr pendiny any wit upon tha Mwtgaye, o~ to foreclos~ H, or to nfom+ it, w ro enfaa
p~ymem af ~ny clairro hereunde~, iaid NIORTGAGEE shall apply to the Court havinp jurisd~nion thereof for H+? ~ppantrrKnt of a Receiva~, sucA Cowt shall
Forthwith appoint • r~ceivM of s~id mortpap~d propcrty all ~nd sinqulu, includ~ny sIl and singvl~r tf+~ income: profit~. hwtt and r~we?ws han whatever
~oura derived. ~~ch ~nd ~vtry of which. it beinp expretsly underitood. i~ her~bY mortg+ged q if apetiiitally sN fwth and dewib~d in t!r y~a~rap ~nd
h~b~nd~xn clwses he~wf. and such Ra~iver ~halt h~ve dt the broad and effectiw futt~~ons and powen in ~nywise entrusted by ~ Cou~t ro• Reuiv~r. ~nd
such ~ppointm~nt ~MII bs m~d~ by wch Court u~n ~dmitred equiry ~nd • rn~tttr of absolute riyht w said MORTGAGfE, and without refer~nce to tM
~dpuacy w 1nad~q~acy of tM valw of tM poperty mor~giged or to the wN~ncy a insolvency of said MORTGAGOR or the d~tend~MS, ~nd rhat tuch
rsnr~, profin, kKan~, asuN and r~r~nw~ ~ha1l b~ appl~ed by such R~ceiwr ~aord~np to tM li~n or equiry of said MORTGAGEE u+d tM pr~ctiu of iuch
Caxt.
To duly, promptly and fully p~rform, diuharp~. execut~, effeN. complel~, tomply with and ~bid~ by wcfi ~nd ewry th~ stipulations, ~pr~ernenn,
caditipy and oover~r?t~ in said promiuory not~ and thu mortyaQ~ ~st fath.
9. TMt In tlw ~wm tM ownsnNp of th~ mortQap~d pr~m~us, w any pan thereof, becanes wst~d In • p~non other than th~ MORTGAGOR, tM
MOtTGAGEE, M~ wan~ors and ~ssipna, mry, w~fhout nor~cs to tM 1MORTG~?OR, de~l with such succ~uw a succes~a in irMaat with refer~nu to thia
mwpp~ and tM d~M Mr~by ~ecw~d in tM ~arrw m~n~er u with Mortpapw withovt in any w~y vitiatinp a disch+r9inp tM Mortypor~' (iability F~?
undM or vpp~ tM d~b~ hK~by wcur~d. No ul~ of the premia~s i~ereby matyp~d ~nd no forb~~r~ntt on tF+~ pat of tM MORTGAGEE w iq wa~s~on
or wbpns u+d no ~at~mbn of tM tim~ fw th~ payrnent of tM d~bt Mrtby wcvr~d 91wn by tlw MORTGAGEE or in woo~uon a u~ipni, ahall op~r~N
~ to tM~a~, di~dyrp~, rtwdify ch~np~ w aff~ct tM oripinal li~bility of tM MORTCsAG01t Mrtin, Nfh~r in wiwb or M p~rt.
10. It M sp~fkally pn~d th~t tM~w h of ths es~enc~ of tfil~ contr~ct ~nd fMt no w~Iwr ot ~ny oblip~t~on Mr~und~? w of tM obllpatbn ~e-
{ our~d hu~bp shdl ~t ~ny tkrM th~r~~h~r b~ iald to b~ ~ w+iva of tM t~ma Mnof a of tM Irutrum~nt wcur~d h~rby.
! 11. I~ ldditfon fo the forpo:np mp~thlY p~Ym~nts of princ'p~l ~nd intNe~t rpuind bp tM promiswry ~01~ sec~r~d hN~by, mat9~por oov~n~nri
~ ~nd pr~n to p~Y to nartppN with ~~ch mon~hlY p~Ym~nt ~n ~dd~~ional ~~m e~t~mu~d by mortpape~ to b~ eqwl b 1/12 of ths ~nnual cwt of tM fdlow-
~
t .
° A-All re~l prop~rty tax~s Iw+ea w s~sessed ~yain~t the ~bov~ dexribcd real ~st~te.
~ S-Pr~miuma on fin and windstorm insunnq a~ F+ere~n r provem~nt~ situ~te on the ~bove described pr~mi~es.
equ~red to b~ urried on tht im
; C-Vremiums on tuch mortgaye ywranty insurar~ce n mortys~ee shall from rime to time deem fit ro carry o~ the toan secured hereby.
~ 1Nort9ap~e sh~ll from time ro tina notify mortgagor in writ~np of the amoum dua and p~yable Mrwnder ~nd s~ch sum sFull therwpo~ bs dus and
3 payabb on t!w dw dat~ of tM neat mw~thlY payment ~~d each succeasiw month thereaher until mwtppee shall notify mortgsgw of a chanQe in such
Y amount. Such sw~a ahall b~ applied by mort9~yee tow~rd tF+e p+yme*~t of r~al property t~:es, inwranu prem;ums. ~nd mort puaranty inw~~nu
prNnlums. ~ ~
IN. WITNESS WMEREOF, tM ~aid MORTGAGOR ha hereunto stt his hand ar~d sed tM d~y ~nd y~~r._ti ~s~id_
: Slpn~d, S~abd ~nd ddfv~r~d In tM pr~Nnu of: ~
~ ~
~ ~
~ ~ fILEO AMD RECOROEO Ross M. Johnson a marri lt
~ ST. LUCIE COU1iTY F111 '
~ ~ - ROCER POITR~IS n
~e..
~ ~ Ct ~ ~nK ~IRCUIT CCUR?
~ ` - ~ rr-,F,: G~ rs'q
ir
~~'a~„~<< ~r' c;4:,~„~,~ Jdr I I 3 3a PH'?R :3~03'73
~ ~ ~~L~ ~
Ross I+t. Johnson, a married adult
~ d~fw~ rr» p~rwr?dlr spp~ar~d ~nd
-a ~fiGiBli, ro m~ vwll known ~nd known b eM to b~
~ tfi~ 4divldwl~ dMCrlbd In and wFa ~~ucutd tM fwpoirp kunurrwnt, rid ~ckrawbdp~d b~fon rrn that /Ir' ~:~cvbd tM fw tM purpwN
~ thM~Y1 atprMNd. ~lnd7fb~o~dd
_ ~G?qt ~~~ii~i~~
~ Ui1(q~lc.iAi~Kii~Z-iiat~Ili~i~nYf~K$~ij~?Gi~ii?~Xi~bG~~ ~G&~ v , - L `ti ~
; 1NfTNES3 my iwrd u~d ofiicbl wd tl~k d~y of - ' '.~o ~7
~ ~ ~~,~~~~y@'~!'~C- C~ ~ ' : e .
Not~ry Publk In ~nd fa fh~ aN a~~~ Nv~rrp~
/Mq Commwbn ~i~wr-! S ~ ~ ~ _ ~
' R~tvrn To: •
Hm F~d S~vlnp~. a toan AswctaHon • -
Of fort P~~rc~. ~
fwt Pl~ra. FIaId~ , `
1yi;ti.
"3 l\
This Instrument Prepared By Richard K.Kayes
= First Federal Savinys d. Loen Association
- of Forf Pisres
~ Fort Pierce, Florida 33450
$G~t i~hGE ~ ~
checked By ~
nn
. , .