HomeMy WebLinkAbout1978~'o K 4 4
1. To plea and ebrstirwroerely keep~an tM bulldMt~s now a IsereaAer ehwte on eeld lard and an all equlpmaM and penorsally covered by Mh tnortg-
age, wMh all pnmkrms tltsreon paid N full, itn M+swatoe M tM uwal atenderd policy faro, ti • turn approved by tM MORTGAGEE. and wMdstorn
Irsssrrarsce M tM usual stersdard pdky form, h a sum approved by rise MORTGAGEE, N suds twrrspar-y a oompenle a tM MORTGAGEE m.y
drreOr and all fYe and windstorm Mrsura+oe polkie on any of saW bulWbsps, any Imwet thwart a y.+t tlsereo/, M tM aggregate sum aforeuld a
M exau thweof, shall amain tM usual aadard matpagw deuce a each othw datrae w tM Morgegw may require. nsakY+g tM low srrsder aid pol•
des, each and awry. payabN b utd MORTGAGEE a lte Internq may appear, and earn and awry suds polky shall M promptly auipned and delivered to
any Mb by aid MORTGAGEE as firrthw eecwlty b said rrsortgage dart, and, not less 1Mn tan (10) days h adverse of tM expkation of each polky, to d~
liver b u1d MORTGAGEE a rerwvvel fhe-eof, togetlsw whh • receipt fa rise premhrm of such renewa4 and then atoll be ro fire a wlydatorm Mwrrana
plapd on any of uW buiWinge, any Mtweq 1MrNn a part thareo(, tmles In tM form and whh tM lose payable a eforeutdr and M tM event erry ssrrn
of money beoorrse payable under such pdky a pdkNs sold MORTGAGEE atoll Mw tM option to realty and apply tM same on aaosxtt of rise Irtdebted-
nsee severed hweby a b pe!mh old MORTGAGORS b salve and stee k a er-y part dranof fa otMr pwperee, without tMreby waFiing a Ynpalr-
ing eny equity, Ifen a riplN trader a by virtw of start nsorpagar and M rise evwM utd MORTGAGORS atoll fa any reason faH b keep tM uId premhee w
insured, a faN to tfellwr pronpt)y any of saW policNs of Inetxarsoa to aid MORTGAGEE, a fall promptly to pay fully any prwnlurn therefor a M any
respect feH to performs, dMcMroe, exactrte, ethct~trT,IMe, comply wNh and ahida by ttw awnant, a ary part Mreof. aid MORTGAGEE may ptaEa and
pay for such 4ruana a etsyr pert tlsereof wNhovt walvlrq a affeeHng any optloes, (ton, equity, a rqM under a by vktw of this Magage, and tM
full amount of each and awry each peysnanf eMq M frrwrsedletaly dw and payable and atoll bw ksterest fran tM de» thereof until paid at tM rate of
nine par cntwn per enrtun+ and tegeHter with etrch M+tweat .tore M eecsxed by tM Item of this nsatgage.
r+~„»~ :~.s~« - _~.s= r :~.. - ^ :ems g! ~ er error Dart thereat.
S. To pay dl and eMspular tM cwts, ehwyee end expertaee, MKisro`wsp • neeewsabie attarsay"t fw arm eats eat awnaen of tme, tncsrrreo er €a'a a.
any tines by saW MORTGAGEE. beceuu a M rise went of rite faNun om tM part of rise said MORTGAGOR to duly, prpnptly and fully perform, dhchugA
szsttote, sffsct, c~Dletr, tc+~ly wink and chide Isy each and a+'*rY the atipulatioer; agrearnaMe, eersdBiorr. and eoversenb of acid prexniseory note end thh
mortgepe arty a dtlser, and said accts, d1effN+ end etepeneae, ands and every, atoll a krtrnedfatallr des and peyabMt vvhelMr a rat these be ratty e!-
mend, exempt to collect or euh pwsdingt end tM full amourst of cads end awry cods paymsaM aMlt bees Interest from tM dete thereof omit geld et tM
rate of nine pw centtrtrs pw anrsurnr and ell acid cotM. tfsarges end experaee MsctMred a WWr bpNMr with each MttareeL atoll be scarred by tM lien d 1hM
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6. TMt (a) M rise-went of ar-y breads of this AAortgape a defwh e.+ tM pert of tM MORTGAGOR, a (b) h tM evert arsy of aid soma of money
herein nfwred to be rat prpnptly end fully geld wlthM tl+trty (SO) days next after tM cane severally beeximse dw end payable, wNhout demand a notiu,
a W h tM event each and awry tM atipulatiorsa, preemwsM, corsditlora end cavertants of aid prpnheory note and this mortgage eny a eitltw an not
iuly. prompty and fully performed, discherge~-executed. effrrctad, eomplehd. oonsplted whh end ebtded ~y, tows In ehlwr a a+y each event tM eaW e~
gregate sum mentiased M aid promissory rate Hten rernalning tmpeid, with Internet aoawd, end dl moneys secured hweby, shall beoomse dw end pay
able forthwith, a thwefter, at tM option of aid MORTGAGEE, a fully end exxnplaely e H ell of tM aid sums of rrrorsey were originally stipulated
to be paid on such day, anything in aid prorntstory noN a In tMs Mortgage to tM contrary notwfthstendingr end thweupon a tMnaftw et tM option of
aid MORTGAGEE, without notice a demand, suit of law a In equity, therefore a tMreafter begun, nsey be prosecuted as H all money= secured Mrsby
had matured pier to in institution.
7. That in tM event that at the beginning of a at any time pending any wit upon this Mortgage, a to foreclose lt, a to reform it, a to enforu
paynxnt of any claim= hereunder, said MORTGAGEE atoll apply to the Court Mving hrriadiction thereof for the appointment of a Receiver, tuck Court atoll
forthwith appoint a receives of aid mortgaged property dl and singular, Including dl and singulw tM income, profin, hsue end revenues from whatever
source derived, each and every of which, it being expressly understood, h hereby mortgaged a H specifiully set forth and dasexibed in the granting and
habendum clauses Mreaf, and such Receiver shall Mw all the broad and effective functions and power In anywhe entrusted by a Court to • Receiver, and
each appointment shall ba made by such Court a an admired equity end a matter of ebadute rght to said MORTGAGEE, end without reference to tM
adequacy or inadequacy of the value of tM property mortgaged a to tM solvency a insolvency of aid MORTGAGOR a tM defendann, and tMt such
rent=, profits, Irtcorrte, roue ere} rwenws shall M applied by eud+ Reufwr acarding fo fl+e lien a equity of aid MORTGAGEE end tM pradiu of such
Court.
8. To dv:t, pr.,rr.~,t71 and f;,lly pa:frrm, diecMrge, execute, effect, cortple!r, campy :~Ith =red etstd..a by e=si+ and every tM atipulatiorss, agreerrtenri,
conditions and covenants in said promissory rate end this mortgage set forth.
9. TMt in the event the ownerhip of ties mortgaged premises, a eny pert tlrraof, becomes vested in • person outer then tM MORTGAGOR, the
MORTGAGEE, its auccesaors and assigns, may, w11hoW notrce to iM MORTGAOR, deal with each successor a sueeassor in interest with refe-enu to this
mortgage and the debt hereby secured in tM ume mermen a with Mortgagor without in srsy way vitiating a discMrging tM Mortgagor' liability Kerr
undo a upon tie debt hereby secured. No ale of the premise hweby maAgeped and ro faberena on tM part of tM MORTGAGEE a its successor
a assigns and ra extsroion of the time for ttse payment of the debt hweby eecued given by rise MORTGAGEE a its successors•a assign=, shall operate
to release, discharge, modify charge or affect the original IiaWlfty of tM MORTGAGOR hweks, t}tMr to whole a In part.
10. It h spadfiully agreed that time Is gf tM eaaersa of thh contreet end tMt no vvalver of eny obigatwn iwreurtde- a of the obligation se•
cued hereby ahali tl any time thweafter be Mld`to be a weivw of tM terms hweof a of tM Msetrsrrrserm secured Fserby.
IN WITNESS WHEREOF, six said MORTGAGOR Isas hweunto set hh' Mrtd and seal sire day a+~,~psar firth efaeaid•
Sealed and deliwr~ in tM preswsee ofr / l/ ,~. /1 /
r (SeaO
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mot` C(. ~ j Gf~[.es-Ki ~r (Seed
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STATE OF FLORIDA
St Lucie•
couNTy of ~'
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eared ThO~~ ~
Before me pereorsall
a Cr0>zha_~ and
y
pp
Qrace Ci. CrOgh~ hb wit., to mss weH known and known to me to be
tM irtdviduals desatbed b and who exaarled flee faegoirto ksgrtrrrwM, and aduawledped before rise riser ttsey exaaned tM sense fa /M purpose
therein expnteeed. And the =aid ~rae• C Cr o¢han
wife of tM old TtlOAlaB He CrOghan upon . eepwah end pmrate
examination by rrre taken sepwaN and apart ftMn hw aid hsreMrsd, adcrawledped to and before mss fFtat sM artearted said fnensrrrsent freely end vohrrs•
teriy ind without arty atnpulsbn, ooranalnt, apPrehwssion, a few of a from Mr old husband.
WITNESS my Mnd and official Seel ~ ~,~ Z~ t}1 deY of A.~. 19 61
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