HomeMy WebLinkAbout0135 And said hlor~gagors. !or themselvef and their heirs, legal represenfaHvei, svcceaors +nd aifign~, hereby pintly and tevarally covtnant •nd agrte
to and wi~h the faid h10RTGlaGEE, its svccessori enJ assigns:
l. To pay ell and singuler Ihe princinal and interesl and Iho various •nd tundry •~~ms of money payeble by virtue oI said promissory nnte, and 1hi~
morlgage, each end every, promptly on the dayt reipective~y the ~ama ~evtrolly bctome due.
2. To pey all and stngular ~he tax:s, auetsmenti, levies, liabilitie~, oblig~tian~ and snc~mbr~ncet of every nature end kind now an said dricribad
oroaertv, or tha~ hereafter may ba impofed, ~u((ered, placed, levied, or atseiied thereon, or th~l hereahar mey ~e leviad or a~teued vpon thi~ Mortfl-
ege, or the indebiedness secu~ed he~eby, each and every, when due a~d ~ayaDia, accardir~ to uw, aaio~a iney oscar~a daiinqvrni, et:u ~,a~o~o e~~y ~~~~e~as;
attachPS or any penalty is incurred; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAII BE PROMPTtY SATISFIE~ AND DISCHARGEO Of
RECOR~ AND iNE ORIGItvAI OFfICIAI DOCUMENT (SUCN A5, FOR INSTANCE, THE TAX REtEIPT OR THE SA11SfACTION PAPER OfFICIAIIY ENDORSED
OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SA10 MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT, and in the event that any thereof i~ not
paid, sat~s(ied and d~scharged sa'd MORTGAGEE n-ay at any Gme pay the same or any part thereof withoul waiving or affecting any option, lien, eq~iity or
.iqht under or by virtue ol this mortgage and the iull amount of each and every such payment ~hall be immediately due and payable and shall bear intere~t
~~om the date thereof until paid at rate o( eight per centum per annum and rogether with ~uth interett shal) be secured by the lien of th's morgtage.
3. To pl+c~ ~nd tonttnuou~ly kNp on the buildinfl• no•,v or heraaft~r ut~ate on tatd land and on a~l equipmenl and pertoially covered by fhl~ mortQ-
ap~, with sll prsmlum~ ther~on paid in full, fire insuronte in 1hs u~ual iter,dard polity form, i~ a tum approved by the MORTGAGEE, snd wlndttorm
In~urancs In tM ~susl ~tendard polic~ fam, In a wm •pproved by th~ MORTGAGEE, in tuch company or companie• et tha AIORTGAGEE may
dirrctj artd all fire and wind~torm In~uronce policias on eny of taid buildiny~, any tnterest thereln or part thereof, in the apgre9ate ~um afors~+id o~
In excas~ thereof, thall tonlafn ths uival •t~ndard mortgegea tlause or tuch other claufe a~ the Morlyagee mey require, mekinp ~he loss ~nder ~~id pol!-
cles, esch an~avary, payable to teld MORTGAGEE e~ itt intetett may appear, and e~ch and every tuch policy shall be piomptly ass.gned and dalivered to
~ny held by ~eid MORTGAGEE a~ further teturity tt taid ma}Q~ye debt, and, not leu than ten (10) dey ln advance of the expiretion of each policy, to de-
1':var !e ~ald MLfRTGAGEE • ranewal thereof, together with e roceipl fo? the promium of such ranewaf; snd there ~hall be no +Fire or windswrm insurance
pl~ced on any of tsCd buildinys, any intereft therei~ or part thereof, unless In tha form end with tha loss payable ai a(oresaid; and in the event any ~um
of money become~ pay~ble under ~uth pollcy or pol~cies •aid MORTGAGEE •hell have tha option to receive and apply the same on account pf the lndebted-
nssi sacured hereby or to permif ~aid MORTGAGOR$ to receive and use it or any part thereof for other purposes, without thereby vraiving or impair-
6~g any equity, Ittn or riflhl ~nder ot by vlrtue of this mortgafle; and in the event said MORTGAGORS shatl for any reason feil to keep the faid premise• so
tnsured, or fall to deliver promptly any of said policies of in~uronce to ~sid MORTGAGEE, or fail promptly to pay fully any premium Iherefor or in any
tespect fail tu perform, d~scherge, execute, effect, complete, compty with and abide by this covenant, or any part hereof, said MORTGAGEE may place and
pay fu such Iniurance or eny part thereof without waiving or affetting any opt~~n, lien, equity, or right under or by virtue of this Mortyaye. •~d the
full smount of each end every such payment ~hall be immadiataly due and payable an~ ahall bear interest from the date thereof until peid a1 the rate of
nine per tantvm ~er annum end together with such interest shal~ be secured by the lien of thi~ mortflage.
~1. To petmit, tommit w iuffer no waste, Impairment or deterioretion of iaid property or any part thereof.
S. To p~y all and tingulsr the costs, cherges •nd expenies, incfuding a reasonable attorney'~ fee and costs of abstracts of title, incvrred or paid at
•ny time by said MORiGAGEE, beceuse or in fhe event of the failure on the pert of the inid MORTGAGOR to duly, promp?ly and fully perform, diicharye,
•xec~te, effed, complete, comply with end abide by each end every the ttipulation~, agreements, condition~, and cavena~t• of said promissory note and thi~
. mwty~ge any o? either, and said costs, charges and expenses, each and every, shal) be tmmediately due and pnyable; whether or not th~re be notice da
mand, attempt to tollect or ~uit plnding; and the full amount of eath and e~•ery tuch paymanr shall bear intere~l from the date thereof uniil paid at the
rate of ninF per centum per annum; and all said costs, charqes and expensti irx~rred or Qaid, together with tuch interest, •hall be tecured by the lien of ihis
mortpiye.
6. That (e) in the event of nny breach of this Morlgage or deia~lt on fhe part of Ihe MORTGAGOR, or (b) in the event sny of taid tuma of money
hereln referred lo be not promptly and fully paid within thirty (30) days next afler the teme severally become d~e and ~psyable, witMut demand or notice,
et (c) !n !he event each and every the stip~lations, egreements, conditions and cove~enb of said promissory note and Ih~~ mortgage any w either •re noi
~uly, promplly and fully performe~, d~scharged, exauted, effected, completed, tomplied with and abided by, then in e6ther or any ~ucf? event the •aid ep~
pregate tum mentioned In taid promiisory note then temaining vnpaid, with intereit nccrued, and all moneys tecure.~i hsreby, thall betome dve and psy-
a61• forthwith, or thereafter, at the option of •aid MORiGAGEE, a• fully and completely a~ if all of the said sum~ of money were originally ~tipulated
to bs paid on such dey, anyihing in seid promiisory note or in this Mortgage to the contrar'y notwithstanding; and thereupon or thereafter et the option of
~aid MORTGAGEE, without notice or drmand, suit at law or in equity, thcrefore ot thereafter begvn, may be proiecuted at if all moneya tccured hareby
had matured prior to it~ (nstitution.
7. That in the event that et the beginning of or at any time pending any suit ~pon thts Mortgege, or to foreclose it, or to reform it, or to enforce
payment of eny claim~ hereunder, taid MORTGAGEE shall apply to tht Court heviny juri~diction thereot for the appointment of a Receivet, •uch Covrt shall
~ forthwith appoint e receiver of ~aid mo+tgsged property ell end ~ingular, includmg all and tingular the income, profits, i~sut~ and revenuei from whateve~
tource derived, each and every of which, it beirtg expres~ly ~nderstood, i~ hereby mortg~ged as if tpecifically tet forth and desuibed in the grontlnp and
hsbandum clause• hereof, and such Receiver shall have all the broad and effettive functions and powers in anywisa entru~ted by a Court to a Receiver, ~nd
iuth appoir.tment shall ix made by svch Court a• en admitted eqvity and a matter of ebsolute riyht to ~eid A10RTGAGEE, and without referente fo tt+s
adeq~aty or inadeqvaty of the vat~e of the property mortgaged or to the sotvency or in~olvtnty of said MORTGAGOR or the defendantt, and that iuch
rent~, profit~, income, itsues and revenues shall ba applied by •uch Receiver accordiny to the lien or equity of taid MORTGAGEE end the prectice of svch
Court.
8. To duty, promptly end fully perform, discharfle, execute, effect, corrpiete, comply with and abide by each and svery the •tipulationt, agreaments,
' to~ditions and covensMs in said promissory note and tfiis mortgage tet forlh.
4. That tn tfio event ihe uwnership of the mortgaged premiies, or any p~rt thereof, betomt~ vetted in a perwn other then the MORTGAGOR, tM
_ MORTGAGEE, it~ tvcceison and aiiigns, may, without notice to the MORTGAOR, deal with s~ch tutcestor or ~uccessw in interest with refererxe- to ihi~
mortyafle end the de61 hereby secured in the teme manner at with Mortyagor without in any way vitiating or ~d~stharging the Mortgagon' .~ip~llity herr
undar or ~pon the debt hereby secured. No tale of the premises hereby mortgaged snd no forbearonce on Ihe part of the MOR1GACeEP'6F' ~i tlkCqssor~
or aai9r.t and no extension of the time for the payment af tha debt hereby iecured given by the MORTGAGEE or itt ~ucusion \Qi~
\tlqrf~;.~hs~C:opeib3•
lo rokas~, dixh~r9a, modify cheng• or affect the original liabitity of the MORTGAGOR heroin, either in whole or (n psrt.r,_
10. It t: tpecifically egresd that time is of tha eiiencs of thi~ contract and that no waiver of any obligation hertvo~ejtc:.tif.f}y~' oWigNi6R ~ci• "
cvred Faroby thall at any time theteafter E.e held to be a waiver of tht termf herwf or ot the instrument secvred herby. . -
11. In addition to the foregoing monihly paymentt af print pal and interest required 'by the promissory note sec~red'i~dRkry~m¢rtpsy,sri_ ~avenanri - ;
and •flrees to psy to mortgagae with each monthly payment an additional svm estimated by mortg;.gee to be equal to 1/i2 ofyhe a0n3a~co~f:of tl~tfaltow• ~
_ ~+9: " ~ _
' ' ~ ~
A-All re~l property taxes levied or assessed againit the above describcd real estnta. '
~ B-Premium~ on fire and windstorm inwrance as htrein required to be carried on the improvements situate on the above~ deivibed. pr~misef. ~
t-Premiumf on such mortgage guaranry insurance as mortgagee shall from time to tima deem fit to carry on the loan ~ttured F»reby. • ~ '
Mortgagee shall from t+me to time notify mortgayor in writiny of fhe amount dus and payabla hereunder and futh ium shall tfit~qy~n .~;dvi and ~
pay~ble on the due date of the next monthly payment and esch succetsive month thereafter vntil mortgagee thall notify mortgsgor cf ~ cff~itpa In tuch ~
} ~mounL S~ch sums ihall be.~pplied by mortyages toward tfie payment of real property taxef, Ins~ranca premiums, and morigey~ -gw?artTy inwrante
? premium~. • •
. IN WITNESS WHEREOF, tM said MORTGAGOR hat hereunto et it e day artd year fir~t afore~aid.
sr~~,ee, ai aai~ r rn. ofFIL~Q A~~~~~~. ~~OOK
~ rsi~•~e~--_
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'66 JAN 27 Ph1 3: 33 Mildred B. Starcher ~;n
~ STATE OF FLCRIJA 1~~~~~~ ~
~ courmr oF St .__~uc ie _ R ~t t='~~ ~-i R.': S. C LE RK - ~
e.fior. m. ~ ~~y .pP..rod Aubrey ~T• NTY~ d~d #
•~~`t~~ e hii wifs, to me well known snd krwwn to rra to b~ ~
th~ k~d' p~,'iryd-who ~x~vtf~ t~s fa~po~y 1 pment, ~r,~ ~cknowledysd bafcxs ma that they execvtad tM iam~ for tF» pvrpos~~
~M`°(~~.~r~t~d. Md lfi~ i l~71 d I'@ Q li .~L 81'C h@ Z' ~
~r}fa~ot~t~i ~fd' ra H . a2'C e~' vpon . Npu~t. .rx1 priv.t.
~ iic~~itgttbn by rrH ta'k",gn ssptr t~:~nd apert from her sald htnband, acknowledged to and before me that ihe execvted s~id initrvm~M fre~ly and vot~rr ~
~ Hrli~i ~nd v~{ttFf,Q~iL ii~~r_,tomp~tion,~conatraiM, epprehenfion, or fear of or from Mr uld hviband. ~
~ - WKNF~S mY ha~d(~r~dvffi~3al ~eal thtt ~7th dey of A. D. 19~ ~
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• Not~ry Publk tn and o tFx St~t~ of Fbrida ~t L~ry~
r , ' • Mr Ca~nmiuion exp
Retvrn To:
Gitiz~nr feder~! Ssvings Loin Auociation Notary Pub~:c, State o( florida at Large
My Comm;ssion Eipires March 1, 1969 ~
= Of Sf. ~YC~~ COYtlt~/ to~dej 6y AT..,;~3~ f~re 3 Gsw:fy Co. ~
f Ft. Pterce, Flaide 1) R ~ ^
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