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HomeMy WebLinkAbout2260 ! . . . ~ i - , ~ 1 ~ ! + 3. To pl+ce and ton~tnuovsly keep on ~he buildlnfl~ now or horeaher ~itwte on iaid land and on all equtpmen~ and pe~ton~lly co4arod by lhls moe1Q- { ~ tg~, w11h ~II p~emiums thereon paid in tull, fire tnwrance in Iha us~al ~tarxlard polfcy form, In •~um approved by 1he MOR(GACsEE, and windstnrm i lmura~te In IM uwa) ~randard policy form, in a sum approved by ~he MORTGAGEE, i~ such compeny ur companies as the MORTGAGEE may ~ dl~ecy 'ar+d sll (Ire and wi~d~tonr ins~rance policia~ on any of seid butld~nps, a~y inte~eft lharofn or parl thereof, tn the ~ggre9ate ~um ~fwe~ald o? y Irs exiasl Ihereof, shali ta~lain tha wval ~Iandatd motl9a;,ee tlause or suth olher clau~e +s fho Mottgagsa mey reqvira, maAt~q the lots under ~aid poli• ~ i tla~, each and avery, payable to snid h10RTGAGEE a~ ils Intcrctl may appear, and each and every tuch policy •hall be prompNy ais.gned and delivered to •ny held by tatd Mi2RTGAGEE af tu~lher •rcurity to ~atd mo+tgafle dcb?, and, no1 Ie~s lhan te~ (10) clay~ In advance of,lhe expirstion of rech policy, to da i Nv~r fo tald MORTGAGfE e rcnewal thereof, Iogeiher wilh a receipt fer the premiurn of such renewalj a~d there tihall be no fire or windiiwm in~vrance pli=ed pn ~ny of ~~id b~ifdings, any lnte~eil thersin ot psrl thereof, vnless in the (orm and wi~h Iha lost payable a~ afae~aid; end In ihe event iny sum of monay becomet payab!e undct wch policy ot policias said MORiGAGEE shall have iha optio~ ro rrteive end epply tho tame on acco~nt ot Ihe indebted• natt setu~ad hereby or to permit said MORTGAGORS to reteivo and ute ft or any parl thercof for otlier purposes, wiiho~t ~h=~eb~ waivi~ig or ~mpair• i (ny any eq~ity, lien a riqht ~,nder w by vtrwe ot Ihii m~rlgagej and In ~he even~ ~aid MORTGAGORS ihall (or any reason fail to keep the ~aid premite~ +o I~iured, or fsl) to deliver promptly any of •aid polities of fns~rance to ~a~d MORTGAGEE, or tail promptly to pay (ully any premium ~heretw or in any ro~pect tai! Io per(orm, discharc~e, execule, ef(et1, comp~ete, con,ply with and abido by Ihii covonanl, or any parl hereof, said MORIGAGEE may plete and ~ pay for ~vch tnt~r~nte o~ any part thertc+f withouf waivi~9 w ei(ecling any option, lien, eqvity, or right ~nder w by virtue of Ihit Mortgage, and the fvll amo~nl of each and evary such payme~t shall be in:mediately d~e and payable and •hall bear Inlerest f~om Ihe data the:eof until paid a1 the rete ol . nins per cenlum per annum and logether ~vith ~uch inieresl shall bo sec~red by tha lie~ o( Ihis mortgege. ; A. To permi~, commit or tuffer no waste, Impalrment or deterioralion of •aid p~operty ot any part thereof. ' S. To pay all ~nd fingulAr the costi, charge~ and expenses, incl~ding e reasonabla attorney'a fee and costt af ab~tcatt~ of titls, Incvrred or paid et , ~ny tlms by said MORTGAGfE, bccruse or (n the uvenl of Ihe failure on Ihe perl of the •aid A10RTGAGOR to duly, promptly and iutly pertorm, di~chargs, ~xecute, el(ett, tanplale, tomply with and abide 6y eech and every Ihe stipulationa, agreemenls, tonditio~f, and covanan~s of sstd promissory note a~d thlt } mort9ayo any or eiiher. ~nd iaid costs, chsrgas and expenset, each end avery, thsll be Immedia~ely due and payablep whelher a nol thare ba nonce da m~nd, atlempt Io <olled or ~vit pending~ and the full amounl o( eath and every wch paymenf shall bear Intare~l trom Ihe date thereof unlil p~id at Ihe r; ro1e of nine pet centum per annum; and all said cosls, charges and expenses tnc~rred or paid, logethar with ~uch intcreit, ~hai! be tetured by ths lien ot thit mortpsfls. d. Thal (e) In the event of any b~each of thtt Mortyage or defa~lt on tM pa~t of the MORTGAGOR, or (b) In the ever,9 any of ~atd ~ums of money c ' hereln refer~ed to ba not p~omptlp and fully psid within thirty (30) day~ nexl sller fhe ~ema severolty b~come due and payable, wfthout demand or notlte, r=. + or (c) I n t h a aven t aac h an d e v e r y t he i tip u l a l l on s, a g r e e m ent t, cenditions a~sd covenent• ot said promissory note end Ihi~ morl ya pe an y w~ither sr~ not 1 iuly, promplly a~d (ully perfamed, discha~ge~l, executed, ef(ec~ed, completed; compliec! with end abid~d by, then tn ~ither or any wch ovenl tAs aid a¢ j flroQ+tt ~vm manYaned ln ~sid promissory note Ihen remalning unpaid, with lnterest accrued, and all money~ set~~td hereby, ~hall becom~ duo and pay~ ; •ble fathwilh, ot theteafter, at tix option o( said MORTGAGEE, as fully arx! tompletely a~ 1( sll of the tatd ium~ o( monay wer~ oryinslly ttipul~led ; Io be paid on •uch day, anylhir~ in said promitsory note or In thli Mortgage to the contrary notwithstandingj and Ihereupon or the~e~ftar ~1 the option of • , aid MORTGAGEE, withoul notica or demand, tuit at law or in eqvity, tharsfore w tharaa(ter beqvn, may be prosecuted as If sli mo~eya strut~d Mreby ~ Md mat~red prior to ib inslitNtion. . ' 7. Thal tn tM svent that af th.e beyinning of or ai any tims pendi~g sny tuit upon thi~ Mortgsge, er to foteclose It, or to ratorm it, or to enlorc~ ~ ment of an claim~ hereunder, ietd MORTGAGEE shsll a I to the Cavr1 havin urisdictlon Ihereot for tha • m1meN oi • Reteirer, such Carrt ~hall ~ P~Y Y PP Y Si I PPQ forthwl~h appoinl ~ recetver of iaid mwtgaged properly ~II and singuler, Intlud~ng ell and singulsr tha income, profitt, Iswtf a~d revenve~ from whatever ~otirct derived, e~th and every of which, it being expressly underttood, it hereby morlgaged s~ if specifically tat forth and dowlbed M IFw pr+ntiny and hsbendvm tlavtei hereof, and :uch Receiver ~hall have all the broad and effeuive (unct~om and power• i~ anywise entru~~ed by a Co~H to a Rscelver, ~nd ~ •uch oppolntmenl fhall be made ay such tourt as an admi~ted equity and e matter of absolute rigAt to tai MORTGAGEE, ind wlthout ro(ererxe Io ths ~dequaq or In~deqvacy ot the value of the property mwtgaged or to the sotvency o~ insolvency of ta?d M~RTGAGOR or the de(endanti, artd ihat svch ~enti, prolitt. Incma, (ssues an.i rovenue~ :hall be applied by tuch Receiver accordinp to the lian or-squtty of aid MORTGAGEE and ths prodice ot •uch Court. 8. To duly, promptly and fully perform, ditcharge, execute, ei(ecl, complete, comply with ~nd eblde by eicfi and avery tha sttpulatiom, ~grsement~, ~ canditions ind covenants in iaid prc~mis:ory na~e and this mortgaga iet fa~h. 9. That (n the event the ownership of tha mortgayed premiaei, or any part thercof, becomea veetsd Tn s perwn o1h~r ihin tM MORTGAGOR, tM , MORTGAGEE, Nf succetton a~d assigns, may, with~t notica to the MORTGAOR, deal wilh such ~uccessor w ~~ccetsor in interest with ~aference to thi~ ~ mor~pa9a and IM debt hereby secured in the ~ame manoer as with Mortgagor witFwut In any way vitiatlny or dixhugtny the Nbtt~agot~' (i~bility Mre- ` i under a upon the dtbt hereby iecured. No tale o( tha premisei hereby morlgaged end no (orbearance on Ilw perl oF Iht IIRORTGAGEE cr It~ ivctestu~ ~ i or sssign~ and no exteniion of the time for the paymeM of the debt heroby sccured givan by the MORTGAGEE or i1a i~cassor• a eisigns, ffiall optrat~ !o raleass, dixMrge, modify cfunge or aftecl tha original lia4ility ef tha MORTGAGQR txrein, either in whote or In psr1. . 10. It 1~ ipecifically agreed tha? ttme is of the essence of tfiis conrract and that no wsiver of any obl(getion hereunder a of tM obllg~tlon aa cured hereby fhal~ at any Iime thercah~r be he~d ~o be e weiver of the terms hareof w af Ihe lnstrument tet~red herby. ~ 1 ll. In addition to the forego:rx~ monlhly payments of princ'pa1 and interest required by the promisiory nole secured heroby, morfgagor covenantt atx! agreea to pay to mortgagee wilh each monthly payment an addirional s~m estimaled by mortgagae to bs equal to 1~12 of the annual tost of the follow- ~ . { . A-All resl property taxe~ levird or assessed against the above describrd r'cal eslale. ' ~ B-Premiums on fire and wind:lorm insurance as herein req~~red to be cerried on the improvemeNt situate on the above desuibed prentitet. ~ C-Premiums on such mor~ ga ge guarant y insurar,ce as mort gs gee sha{I from t~me to time deem fit to u ~ ry on IM b~n tac~red' h ereb y. Mort a ee shall from time to time notif mort a or in writin ot the amo~nt due and a able hereyndet snd t~ch s~m shall thar~u j 9 9 Y 9 9 9 P Y pon be du~ ~nd payable on tha due date of the next monthly payment end sath successive mon~h thereafler until mortgagee thall notity mortgagor of a chanyt in ~uch ~ ~ artw~nt. Such ium~ :hall be applied by mortgagee toward the paymant of real property texe~, inwrance premivmt, •nd mortgage guaranty (n~unnc~ ~ ; premiumt. tN WITNESS lYHEREOF, the taid MORTGAGOR has hereumo set hit hand and seal the day ~nd year fint aforewid. ~ . . " r , Se ed and~y vr~ed t s pres nce ot: ~ . _ _ - c~ i -P~t~ ~l-/'~~ q ; . . ; S~a ~ ~ . ~Saa~ ` ~ ~ SiATE Of fIORIDA • ~ t S t. LLl C~ e ~ SS. ' . COUNTY OF 1 " B.fore m~ p~rwnatly spp.ared MAr~i~a ,~..~iger ~nd Ms~ry Rt tth (`:i ger hi: wife, to m~ vwll koawn •~,d ~wn a m. ro bo : ~ ; ~d IFw fr~dividvals described 1~ ~nd who ~xetvted ths for~Qolny instrurn~nt, and ~cknowladyed !»fors rtw that tfiey ~xewtsd tFw ~artw far th~ purposes ' ~ MAr Ruth Gf er ~ ~ j tMr.b ~xpr~s~ed. Md N» sat ~ ~ ' t ! wif~ of tF» sald ~ vpon a ~ep~rato a+~ ptlvatt ~ ~ ~xamtnstwn by me taken teparate and apart from r said huaband, acknowledyed to aod before mt fhat tM sxecuta! isid Irtstrumrnt fr~elr ~nd volutr ~ . ` ~ tarily and wi~ho~t ~ny compvlsfon, comtraint, ~pprehan~ion, w r of a fran her taW Iw~band. WIYNESS my Mnd and offki~l ~al thi~ day of A. D. 19~]~}... E~ : ~ € Not~ Publk 1~ snd (or th~ St~h of Flor4da af Lu ` My Commi~aion expit ~ ~ . i R:tvm Ta My Comm+ss+on Expires Nav. 3~ 1965 f . ~tnr F.d.ral Sa~t~~ a losr~ /?s'~~D AND RECORDED 8onded by American S~rety Co. oi N.1~ E Of fo~t Pieres. N~~~~~~ 1e~?r~,~ . ~ , . !N-~ff'ui BOOK . rairo~~;~:, Y, P~k*u, fIoIW ~~s~ ~ ~ # ~~a ~ . , , ~ ~`~~~•1~C'.r+F~ s ~y y~ •+~~Q '~i _ 1964 OEC 22 PM 3. 22 ~ , y~ f`' ~ [ I . ~ ~I !r ~"%;~'tt.t . w f~~~~`,.. r~- ROGER POITRA =~S;t~~'-:: tr~ y~ ~ f~ :<<.~%~~ : : S. CIERK ; ; 6 ~i o ~ . ~ ,g ~ ; W ST. IUCIE COUNTY, FLORIOA . ~ . ~ t ~ • t~ • . . - ~ ~ . ~ ' i ~ . . ~ S 7',~ 4~~~ ~ y - ~ ,o+ ir ~ . : ~ v ,~0 v , . . ~ ~ . . . " ~ ~ ~ Y ' ~ ~ - . • ea~~c ~.~U s~?t1 , _ ~ _ -