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HomeMy WebLinkAbout1564ARK 3 X83 3. To place •rd continuously kap on tM buildings now a lttrtafttr slfwh on aid land grad on dl trasrlprratnt and persondly covtrtd by thh taaortp- sge, with all premiums thereon P+Id in full, firs imunract M tM utwl starttlard polky form, M • truer approved by tM MORTGAGEE, grad windstorm inwranct in tM uwat aandard policy form, M a sum approved by teas MORTGAGEE, M wch company or companies a IM MORTGAGEE may direct; •nd all firs end windstorT. irauranco polkies Ora gray Of said buildings, any Inheres tMroM a part tMrtof, in fM tapprtpa» tFasrrt aforesaid a in excess tMraof, shall contain tM uwal standard mortgagor claua a such other claua as tM Mtxtgagtt n,.y rtpuire, rraaking tM loa uradtr raid polF cirs, each and curry, payaoio ro said MORTGAGEE as i4s'intanst may appear, and tack and curry such policy atoll b• promptly aiptsad and doliwrod to •ny Mb by said MORTGAGEE n further security ro aid rtatsrtgpt debt, and, root Itss than stn (10) days In advaraoa of tM •xplration of tech policy, to dr liver ro raid MORTGAGEE a renewal tMrrof, togrthtr wIM a roctipt for tM prrmlwn of such rrratwalr std tMn shall bt tso fin a windstorm iruwancr placed on any of said buildups, eny [nrrrrst tMnin a part thereof, unlou In tM fpm and wNh tM loo payable a aforeald; and M iM russet any sum of money becomes payable under such policy a poticios said MORTGAGEE atoll Mvt tM option ro rrcrlw and apply tM amt on account of tM indrbtod- ness secured Mreby or to permit said MORTGAGORS to raceivo and ua It 01 any part tMrwf for other purpesee, without thereby waiving or [mpair- ing any equity, lien w right ,seder a by virtw of this mortgage; and in tM event said MORTGAGORS shall for any reason fall ro ktop tM said premises so insurrad, a fail to deliver promptly any of said policies of insurance to said MORTGAGEE, or fail Promptly to pay fully any premium tMrofor or in any respect fail to perform, dixMrge, execute, •ffrct, complrtt, comply with •nd abide by this cowraant, a any part htrrof, aid MORTGAGEE may place and pay for such insurance or any part tMrwf without waiving a affMing •ny option, lien, ogviry, or right under or by virtw of that Mortgage. and tM full amount of tech and wary such payrraont atoll br imrnediatoly des and payable and atoll bear Interns from tM dart thereof atoll paid at tM rats of nine per centum per annum and togetMr with such inttrtal shall bo sacurod by flat lion of thM morgapt. ~. io prrmii, iv:iuiii :.: :u,.:: i'A w:. v, i-:ip:i: wzi v: ~i::'w,::i w. of ii'n~. in ~ry~•:j v: i.:j j.:: ..w~::%j- 5_ To pav all and singular tM cosh, charges and expenas, including • rrasonablr attorrary's fat end coats of rbsnaM of title, iracasrrad or paid at _..., .i,..e t.y .a;d MORTfACFF: because or in tM wont of tM (ailun on tM part of 1M aid MORTGAGOR ro duly, promptly and fully perform, discharge, execu». eifxr, cOmpieie, iu:iy,ly .,.: `,:S :`,id:.`, oo:.: ~:..~.. *h.: :: :z, -~d'••o?'s =:~ *-'^~**'^'+ ~ +"d !ifOn1iaaory rota and thin rnatoaae eny or either, and aid costs.•charges and expenses, •ach and wiry, sM!I br irmardirMly des and payablor wMthtr or not than bt nosier d~ mend, attempt to collect or wit pondirsg; and tM full amount of each and wiry such payment atoll bear inlrrosl tram tint oa» tiaerrvf anti[ paid ai leas rate of nine pry centum per annum; and all acid costs, charges and •xptnses interred or paid, togtthN with such lntt-tat, stole br ttoeasrrd by tM else Of this mortgage. 6. That (e) in tM event of any breach of this Mortgage or default on tM part of tM MORTGAGOR, a ib) in tM went any of aid Gums of moray herein referred to bo not promptly and fully pa[d within thirty (30) days next after iM same awrally become des and payable, without demand or notice, or (c) in the event each and every tM stipulstions, agreements, conditions •rad covtnanh of aid promissory testy and this mortgage any or tither •ro tad iuly, promptly and fully performed, discharged, executed, effected, completed, compiled with and abided tiy, then in tither or any such owns tM aid ag gregate sum mentrorted in said promissory note then remainiry unpaid, with interttt accrued, and •II moneys secured Mreby, shall become due and pay- able forthwith, or thereafter, at the option of said MORTGAGEE, a fully and complottly as if •II of tM said sums of rnonoy were originally stipulated to he paid on such day, anything in said promissory note a in th4 Mortgage to tM contrary notwithstanding; and thereupon or thereafter at tM option of said MORTGAGEE, witf.out notice or demand, suit at law_ o• in equity, tMrefore d thereaher begun, may lee prosecuted es if aif moneys secured Mreby hart n,aturcd pr,or to its institution. 7 Tbat in the event th.d at the beginn,ng of or at any tines pending any wit upon this Mortgage, w to foreclose it, or to reform it, or to enforce H ay,ncnt of any clanns hereu,der, said MORTGAGEE shall apply to the Court having jurisdiction thereof for the appointment of • Receiver, such Court shall lonhwith a[.pou,t a receiver of said mortgaged property all and singular, including all and singulu tM income, profits, issues and revenues from whatever sovru• d, nvc~i, each and every of which, it being expr~asly understood, is hereby mortgaged es if specifically set forth and described in tM granting end hah~•ndum clauses herco°, and s~~h Receiver shall have all the broad and effective functions end powers in anywise entrusted by a Court to a Receiver, and s~..ch ..f:pu~. n,•~,•nr shall be made b~ such Court as an admitted equity and a matter of absolute right to said MORTGAGEE, and without reference to tM a~•~_~quacy ~,r uradegwcy of the value of the property mortgaged or to the folveney or insolvency of aid MORTGAGOR or the defendants, and that such rr~~ts, pro!az, income, issues and' revenues shall be applied by wch Receiver according to tM lien or equity of aid MORTGAGEE and tM practice of such Court. 9. Tn duly, promptly and fully perform, discharge, execute, affect, complete, Comply with an<f abide by each and every 1M stipulations, agreement, cond~hum and covenant m said promissory note and Chia mortgage set forth. 9. iF.at .n the event the ownership of the mortgaged promises, or any part thereof, becomes vested in a person other than tM MORTGAGOR, the A10RTGtiGtF, its vucu•ssurs and assiyns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this rnor t•~,.,Fe and the dc•ht hxeby secured in the same manner as with Mortgagor without in any way vitiating w discharging IM Mortgagors liability Mrr und.~r c.r ~:; en ~'.~ d~M hereby secured. No sale of the premises hereby mortgaged and no forbearance on tM part of tM MORTGAGEE or its successors er asv,tns an.! nu ratensiun of the time for the payment of the debt Mreby secured given by tM MORTGAGEE or its successors~a assigns, shall operate to re4•asc, discharge, medley c~angr or affect the original liability of tM MORTGAGOR Mrein, either in whole or in part. 10 IF is spedfically agreed that hme is of tM essence of this contract and that rao waiver of any obligation hereunder or of tM obligation se- wrcd hereby shall at any bme thereafter be held`to be a waiver of the terms Mreof or of tM inprumont secured Mrby. i~. J;I1N[`.`, v:HERCOF. the said MORTGAGOR has hereunto set his hand and seal the day and ar first aforeaid. tl ~ / S~yncu, Sealed and de:ivered in the presence of: / `! -- 1.~7(t ~~~ .i-fzG, z`~/-- - -- / -'1 ~ 2 L / /T ~~ L [ I ~ i '-rc~,n ~ / / ~ ~ r~ [/,r-f,,clty.. (Seal) -- - - - - - - - - - - --(Seal) f,iATE OF TLGRIDA 1 Spirt. T„r+P __) ~. 'OUNTY OF - - - --_. - -- ----- t'Pnr~7 J •?phr~Snn end Before me personally appeared _ _- ____- _ - -- ` _ SAT'`_rfl_M Jo~n4on his wife, to ms well known and known to me to be the ind.viduats described in and who executed the ~oregoing instrument, and acknowl ed befors.mo that they executed tM ame for tM purposes SennA ~ J~hrQ~n __ therein expressed. And the said-___ _ __ _ _ _ _ '~nr~r J J~'~r.son upon a separate and grease v.rfe of the said _. exam.n„than by me taken separate and apart from her said husband, acknowledged to and before mo that sM execu}sd aid instrument freely end volun- tanly and without eny compulsion, constraint, apprehension, or fear of or from her ssid husband. ~ // \4i1NESS my hand and official ease this_ -_ ~ 1.t A. D. 19-'1.- ~~? ~___- _ day of ,v1/ '~_ N ry Public nand •f the Slats of ~brid~ 'a/ }~rpo M Commission expires: ... Return To: s~ rs.a_ ra •d__~_ r tr.._~•.` r Firsl Federal Savings fi loan Association ~ibQwj eyesores, .rwrQ fry M~y)q,a.w~•~ OF Furt P•cree. ~ = Fort Pierce, Florida My ~WIMesT•IDtI EEyl.^~CC. 4, l~k.• bath b Artkae Fria a Carw~iy'U: , f~, rf t~J tat:.. •. , ."i - , '~ ~ ~ .~-~ FIB E~ A~~O RE~ ORDED I~r err -_~ ?{r; 3:27 ,_~ , •-- (i)•;ER POITRAS, CtE"K S1. LUC1E COUNT'(, FIGn.:~a '~ ..... - ~ `. .f ti: i. ~~; ~: ~