HomeMy WebLinkAbout2156 And said hlortgagers. for themselvas and the~~ heir~, legal represzntative~, tutcesfor~ and aitiigns, hereby iointly and teverelly to~enant and eQree
to end with ihe said ti10RTGAGEE, iti ¦~ccessors and a?iigm:
l, To pay ell and singular Ihe principal ar~d interefi and tha various ~nd sundry svm• of money payab}e by viriue of ~aid promi~sory note, and thi~
mortqaqe, each and every, prom?tly on Ihe deys respectiveiy Ihe snme saveraliy btcome due.
2. To pay al! a~d f~ngular the taxes, assessments, levie~, liabilil~e~, obligation• and encumbrancet of every nature end kind now on ield detcribad
property, or tha~ heren(ter may be impoted, suifered, p~eced, levied, or as~essed Ihereon, w thst hareaiter may be lovied o~ s~te~ted upon thi~ Mortp-
age, or the indebtedness secured hereby, each end every, when due end payable, acco~din9 to law, before they betoma dellnquent, ~nd beiora any Interetl
aitact~es or any penalty i~ ircurred; AND INSOFAR AS ANY THEREOF 15 OF RECORD TNE SAME SHAII BE PROMPTLY SATISFIED AND DISCNARGED OF ~
RECORD AND iNE ORIGINAt OFFICIAL OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION Pt1PER OFFICIAIIY ENDORSEO ,
OR CERTIFlEO) SHAII BE PIACfD IN TNE HANDS Of SAtD MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT, and in the eve~l that eny thereof it not i
paid, sat:s(ied and discha~ged ~a'd ~.10RTGAGEE may at any t~me pny the feme or any part Ihereof without waiving or a(fecting any oplio~, lien, equity or j
.iqht under or by virtue of this morrgage rnd the full amount of each and every tuch payment ~hall be immediately due and payable and shal) be~r interest j
From the da~e thereof until pa~d ar rate of eight per centvm per annum end together wi~h such interest shal: be securtd by the lien of th:t morgta9e. {
3. To plac~ and continuou~ly ktep on Ihe bulldiny~ now or hereaittr ~itu~ta on ~eid lend snd on all equipment and pertonelly cover~d by thl~ mortQ- ~
~p~, with ~~I premi~mt thar~on paid in full, fire insurance in 1he u~vel standard policy form, in a ~um approved by Ifi~ MORTGAGEE, snd wlndatorm
Inwrence In the v~~el ttandard policy form, In e tum ~pproved by tht MJRTGAGEE, in ~uch compeny or comp:niei at the A10RTGAGEE mey
directp •nd all fire and wi~dflorm insurente politie• on ~ny of said bulldinfl~, ~ny Intere~t the:eln or part thtreof, in the ~ggreqale ~um ~(ore~a6d or
In exces~ thereof, ~hall conlain the usunl st~ndard mortgagee tleuse or ~uch other clav~e a~ the Mortyapse mey requir~, m~king ths lo~s under ~aid polF-
cle~, each mct svery, payeble to fs)d MORTGAGEE at its intereit may appear, end eath and every tuch polity ~hall be promptly esf.gned end delivered to
any held by ~aid MORTGAGEE as further secvrity to seid mor~gege debt, and, not leu thsn tan (10) dey~ tn adv~nce of ?he expiration of e~ch poticy, to dr
liver lo •aid MORTGAGEE a renewal thereof, toyether with a receipt for ihe premium oi ~uch renewal; and there thall be no fire or windstorm Inturance
placed on eny of se(d bufldinfls, any interetl therein or part thereof, unlet~ In the form •nd with the loss payable ef sfore~sid; and i~ the event any sum
of money becomet payable under euch poltcy or policies seid h10RTGAGEE shall have the option to receiva and epply the same on ac<ount of the indabted•
na~i te<ured hareby or to permit tafd MORTGAGORS to recetve end vie it or any part thereof (or o~her puiposes, without tnzrebi •••aiv:~.g or ~T~'-_`-
Ing any equity, lien or riqht under or by virtus of tfii~ mortgegej end in the event said MORTGAGORS ~hall tor eny rcator. fail to keep Ihe ~aid premise~ •o
in~vred, or fail to deliver promptly eny ot ieid policia~ of inturence to feid MORTGAGEE, or feil promptly to pay fully eny premium therefor er in any
re~pect fail to perform, dischuge, execute, effect, complete, comply with and abide by this covenanl, or any part hereof, ~aid MORTGAGEE mey plece end
pay Ior •uch Inturance or any part thereof withaut weiviny or affecting any option, Iten, equity, or right under or by virtue of ihis Mortgage, ~nd the
full amount of each and every iuch payment thall be immediately due and payeble and ihatl bear Interest from the date thereof until paid at the rere o!
nine per centum per annum and togethrr ~vitfi such interost shaii be ~ecured 'oy ina iian oi inii ~o~igsya.
.1. To permit, commif a suffer no waste, Impairment or deteriorotion of feid property or eny part thereof.
5. To pay all and tinguler the cost~, ch~rge~ and expentes, intluding a rcesoneble attorney's fee and costi of abtlrod• of title, incurred or paid at -
~ny ti:ne by ~aid MORTGAGEE, beceu~e or in the avent of the feilure on the Nart of the •aid MORTGAGOR ro duly, promplly and fully pa(orm, diicharfle,
•xecute, affed, complete, comply with and abide by each and every the ~tipulationt, egreementt, condilion~, snd covenent• ot •aid promissory note and this
mortgege any or either, and se~d costs, chnrges and expenie~, ench and every, thall be lmmediately due and payable; whethar or not there be notice dr
mertd, attempt to collect or ~uit pending; and the full emount of eacfi and every tuch payment sha11 btar inttre~t from the date thereof until paid at the
rate of nine per centum per annum; and all said co~ts, cfiarQes and expenses incurred or paid, together with •uth intereit, ahall ba tetured by the lien of thi+
mortynya.
6. Tha1 (e) in the event of any brench of this Mortgage or defaul~ on tha perl of tha AIORTGAGOR, or (b) in tfie event any of ~s;d ~vm~ of money
hereln roferred Io be no1 promp~ly and fully paid within thirty (30) Jays next after the ~ame teverally become due and payable, without demand or notice,
or (c) in the ev~nt each and every the itipulations, agreement~, conditions and covenants of ~aid promissory note and th~i mortgage tny or aither are not
~~ly, promptly and fully performed, d~scharged, executed, effected, complettd, complied with and abided by, then in either or any tvch event Ihe iaid a¢
preyate sum mantioned In said promissory note then remaining unpaid, with interest accrued, and all moneya eecured hereby, ~hall bstoms dus and pay-
.hl. forfhhrith, or therea(te~, at the ontion of ~aid MORTGAGEE, as fully and completely at if all of the ~aid sumi of money were oriflinally ~tip~fated
to be paid on svch day, anyihiny in ~aid promissary note or in this Mortgage to tha contrary notwith~lantiin~; ena rnereupo~ or inereeiiei ot the aption of
taid MORTGAGEE, without notice or demend, suit at iaw or i~ equity, thcrefora or thereafter beg~n, may be prosecuted et if all moneys secured heraby
had matured prior to iti institution.
7. Thet fn Ihe event that at the beginning of or at any tima pending any ~uit upon thit Mortgage, or to forec!ose lt, or to reform it, or to enforce
payment of any claimi hereunder, taid MORTGAGEE ihall apply to Ihe Court haviny juriidic~ion ihereof for the appo~ntment of a Receiver, •uch Court shall
forthwith sppoint a receiver ot wid mortgaged property all and tinguler, includ~ng all snd singular tha income, profits, I~:uei and revenue~ from whatever
wvrce derived, each and every of which, it being expreisly ~nderstood, i~ hereby matqafled es if •peuiically set forth and detcribcd In tha flranting and
hebend~m clevses hereof, and ~uch Receiver ~hall have all the broad and effecrive functions and po~•ers in enywise entr~sted by e Court to e Receiver, and
~uch eppointment shall tx made by such Covrt as an admitted equity end a matter of absolute ri9h0 to seid MORTGAGEE, end without reference ta the
adequacy or inadeqvacy of the velve oi the property mortgagEd o? to the tolvency w insolvency of tsid MORTGAGOR o+ 1he defendent~, and that tuch
rent~, profit~, irtcome, issues snd revenuea shall be applied by iuch Receiver according to the lien or aquity of aaid MOATGAGEE and Ihe proctice of such
Court.
8. To duly, promptly and fully perform, discharge, execute, effed, complete, comply with and abtde by each and every the stipulationi, ayrtementf,
conditions and covenanti in •aid promissory note and thi• mortgsge set forth.
9. That in tha event the ownership of the mortgagrd premi~e~, or any Fart thereof, brcome~ ve~ttd in s person other than ths MORTGAGOR, tha
MORTGAGEE, fti tuccesson and a:signs, may, without notice to the MORTGAOR, deal with :uch su:tessor or ~uccessor in interest with reference to this
mottyaye end the debt hereby secured in the seme manner as with Mortge9or witho~t in any way vitiating or ~discfiary7ing the Mortgtflon' liability here-
under or ~pon the debt hereby sec~red. No tale o( the premite~ hereby mort$aged ~nd no (orbearance on the psr~ of the MORTGAGEE or its •ucca+ton
or a+signa ~nd no extention of the time fw the paymenf of tha debt hereby secured given by the MORTGAGEE or it~ succesior~ or atsignt, shall opsrats
to nkase, discharq~, modify change or •ffrct the oripinal liebility of the MOltTGAGOR herein, either in whole w In part.
10..1t•1i'~ipeciffcelty egread that time i~ of the e~cence of this contr~ct and that no weiver of any obligation hereunder or of the oblifletion ts•
cvred he'rabjr~ i~all ~t any tirt~e thereafter be held to be a waivcr of the terms heraof w of the instrument secured herby.
--~~i. iR•aad~tjon'la!he~foregoing monthly payments of princpal and interest required oy the prom~awry note secured hereby, mortgagor covenanri
and~gieFl~to pay to irwrTya9ae with each monthly payment an addition~l sum eitimated by mori~cgee to be equal to 1~12 of the ann~al coit of ths follo,ri-
iny: ~ ~
A-All ra~l propetty-tqxec tavied or assased against the abova described real estete.
- B-Ptemiu+n4 vn. ~rs aPd wir~dstorm ins~rance at herein required to be carried on the improvements sitvate on the ebove described premiiea.
C-Premiurf~t ~ivckrry~rtpag~ guaranty insurance aa mortge9ee ihall from time to time deem fit to carry on the loan secured heroby.
MorTgagee, sfiall frpfn fime to time notify martgepor in writing of the amount dua and payable hereunder and such tum thall fhereupon be dus •nd
peya~ble on thn,~lue,date of~tht next monthly payment and each ~ucces~ive month thereafter until mortgagee shall not~fy mortgagor of a ch~nye in such
amount. Such svmt ~bell-be applied by mortgagee toward the payment of real property taxef, Iniurence premivm~, and mwigage guaranty insurance
premiums. ' • ' ~ .
IN WITf~lESS VYHEREOF, th* aaid MORTGAGOR hsi hereunto set hia hand end seal tha day and year first aforesaid.
s?9~, ~.~~a ae~t~ef n the pfs=e~ or: ~ ~ L E D A N D R E C 0 R D E D
~ IN • • ~900K ~ '
L . •4
~C3-t.l.l~~ ~Saaq
'66 FEB I 4 Ph1 ~~1 : 5 9
STATE OF FLORIDA ~~_,t.~~~~~F1
St . Luc ie ~
courrr,r oF OGEk PU~ i~~~.S. CLERK h
d~fior~ m~ perwnelly appeered
~~~?li~~ ~nn i w fs, to me well known ~nd known to rr~ to bs
tM Indivldwl~ deiuibed In ~nd who •xecvted the foreyoinp initrum~nt, ~d ~cknowledyed befor~ me thst tMy sxecuted tM ssme for ths p~rpo:et
rr~.r~ .x~?.s~d. a,d r?,a ..~a NLrv A1 ice Bennett
~ wH~ of tM sald 58111 D. Bennett,_Jr. _ ~ upuat~ and prlwh ~
~ •xamin~tion by ms bken ~eparate and apart from her i+ld hutband, ~cknowtedyed to and beior~ m~ th~1 ~he exec~ted s~id inttr~m~nt fre~ly ~nd voluo- ;
~ fuily end withovf any compvhion, conttraint, apprehenii~u fear of or from h~(~ hutb+nd. ~C _
I WITNE55 my hand and offlcial seel thi¦ dey A. D. 19~L~. '
E ~ ' ` • ' L~' c9 r~
- L?!ot . ubl(c In ~nd for th~ St of f Ida ~t Lr~rg~ ?
~ - ~ -!Ay Cpir?mh~Fon *xpiress ~
~ Retum To: , ~ - -
• Cifi:~ns hd~nl Savingf & Loan Aisosiation - Notary P~bl;t, State of Flon~'a 0i ~dr;~
~ ~ ~ My Commission Ea~.;!es s~,. 3~. i'?i~?
~ Of 51. ~YCI~ COYfI~Y lee=t~ 6Y Arnet,can f::o S(a.-.:'f~ C. -
Ft Pierce, Flo~ide - ~ -
go~~13~ ~aC~ " ~ ~