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HomeMy WebLinkAbout2218~boK 4 24`7 ~. To play and oontinuwrtty keep on tM bulldMtga new a ltsraafiar sMwN ow Bald land and on e0 agsrlptrtsrM ad pMSOnaIIY °~~ ~ ~ ~~ age, wMh all premkwrr thereon paid M ful~fke Yrsrrattn M tIN swual gaetdard pdky tarn, N a ssxn apOro't'•d by ~ fy1pRTQAOEE. and whdstorm Inarrsna M tM trssrel standard polky form, N a awn approved by 1M MORTGAGE!. M atxh cornpattY a O011tPa~ • ~ MORTGAGEE may direct! and all fMe and w'tndatonn lrrwana pdklaa on any of said bulldirtgs. any MttareM thsreM a part thereof, In the aggregate asxn aforesaid a In exau r1-areof, atoll contain tM trawl standard nsertgapee dwaa a ouch other dwee as tM Mortgpae they tettrrlra. ~lnR the lean trrtder said po1E s1taM ba prornPNY anlgrtad and delhrared to ties, ead+ and every, WYsble ro said MORTGAGEE a I» kttareal may appaw, and each and vtrary strut poMcy any Mb by acid MORTGAGEE N furtMr secsrrity ro said mortgage dell, and, na lase than fan (1f» days M advanw d tM explnHon of each po1kY. w ~' liver ro said MORTGAGEE • raMwsl'tMreof, together with a receipt for tM premhrm of twds renewdt and then shall be tso fin a ~ event any as~rt placed on any of Nid bvlldings, any interest tMnM a part Nrweof, unlew In tM foam and wHh the loss payable 1M ~aooosKtt ~ tl+e ktdebted• of molly becann payable vrrfar wds polky a pelkies wid MORTGAGEE sMll haw tM opton to -eoaM and apply waiving a Impatr- Mss secured hereby a ro permit said MORTGAGORS ro reaiw and tree H a any par. thereof fa otMr pwpaee. wkMut thereby ing any equity, 1'xtn a tight under a by trlrtue of thb mortgages and M the awns Bald MORTGAGORS sMll for any r ~aat fag to keep tM utd pramlws w an of said rdes of k»warra ro said MORTGAGEE. or fail promptly ro pw Many pnmkrm therefor a In any retpwic~t• f U 10 lperorfa~in~dh>~ ~xecyWe, effect,~oxnplete, Dangly vrifh and abide by thN oovenatN, a any paA hara°f. trlrtw o/ thb ~Mortptpe and tM pay fa such iruwanre a any Part thereof wiNtovt walvktp a affecting arty option. Iles, equity, a right !radar a by bat the reh of full amount of each and every wds P+Y^N^t atoll be immedlaNly dw and payabb and sMll bear M+tereat from tM daN tMnof wttR ps refill Der cMfum per annum and rogNhN wlfh such inlerat shall be secured b'Y tlta lien Of 11t1s rrtortgege, 4. To permit. cortrnlt a suffer tto wpte, intpairmeM a deNrioratbn of saW property a any Part tltsreof. S. To pay all and singular the costs, dwrpes and expemes, Mtdudk+g • reasonable attorMlrs fee and ooa» of abatractsand ivlly perform. dNch+rpt- any tirM by r-jd MORTGAGEE, beravte a M tM event of 1M failure on -the part of /M Bald MORTGAGOR ro duly, pranpMy execute, effect, :anPbta, otsntply with and abide by each and awry tM stipulations, praemettta, oondltiorr, and oovertan» of saki prombeorY rtote and this mortgage any a eit)ter, and wid ooa», c}t•r9a+ and expenses, each and every, s1sa11 be Itmtedfately dw end peyeblar w)tethtr a not tlsare be notce d- mend, attempt to tolled a vets pendinps end IM full amount of each and every ouch payment atoll bear Mstereat horn tM daN thereof tM IaMn of this rate of refill per ceMVm Per annw^: ar~d all said cos», charges and expeneea Intwred or paid, togMMr with eud+ fnNreet. shall ioe aetwed by mortgage. Q That (a) in tM event of any breach of thk Mortgage a defwlt on tM paA of tM MORTGAGOR, a (b) In tM evert any of said strrtte of ntorry Mrein referred ro be not promptly and fully paid withM thirty t30) days MXt after the sense severally becaM due end_ payable, wNMtA demand a notice, note and this mortgage any a tither en not a (d in tM event each and every N-e stfpulatiorta, agraar^•^». oonditloM end oovenan» of said promNaory nrclt evert tM said aQ fuly, promptly and fully performed, d'tacMrged, exerted. effected, completed, corrtplNd wNh and abided ry, then In eitMr a any gregate sum mentioned in aid-promissory note then remainMg unpaid. with Mterest aoawd, and all moneys secured Mreby, aMl~ebecane d~ ctiandpu ~ted N n if all of 1M said sums of really able forthwith, a thereafter, at tM option of Mid MORTGAGEE, as fully androtornple~ba notwitMtandfrtps and thereupon a thereafter at tM option of to be paid on such day, anything In said prombsery note a in th8 Mortgage ry be ed as N all moneys second hereby said MORTGAGEE, without notice a demand, sutf at law a in equity, therefore a tMreaher bpun, may proaecut hsd matured prior to fits institution. 7. That in tM event that at the beginning of a at any tirM pending any wit upon this MoAgage, a ro foretntment of a Receiver, ouch Court ~iorisll payment of any claims hereunder, said MORTGAGEE shall apply to tM Court Mving jurisdiction thereof fa tM af>P°M iuws and revenues from whatever forthwith appoint a receiver of said mortgaged property all and singular, Including all and irrpular tM income, pr source derived, each and every of which, it being •xpretsly understood, M Mreby mortgaged n if specii k~y se~f~h»s~ ~ ~~~ to as Raceiv~ •nd habendum clauses hereof, and such Receiver shall haw all tM broad and effective functions and powers Yw such appointment shall be made by such Court ss an admitted equity and • matter of absolute right ro aid MORTGAGEE, sad without reference to tM adequacy or inadequacy of the value of the property mortgaged or to the sohrency or insolvency of said MORTGAGOR or tM deFenden», sad that such rents, profits, income, issues •nr} revenues shall be applied by such Receiver according to tM lien or equity of aid MORTGAGEE sad tM practice of such Court. 8. To duly, promptly and fully perform, dlKMrge, execute, effect, complete, comply with and abide by each and every tM stipulations, agreemen», conditions and covenants in said promissory note and this mortgage set forth. 9. That in the event tM ownership of tM mortgsged prsmises, a any part thereof, becaMS treated in a person other than tM MORTGAGOR, tM MORTGAGEE, its successors and assigns, may, without notice to 1M sdORTGAOR, deal with such successor a tuccesaa in tntereat with r'f 1iaenu tom;' mortgage and the debt hereby secured in the tame manner as with Mortgagor without in any way vitiatirq or disc„a~i ~t~RMortg~E ~ its su~t essors under or upon the debt hereby secured. No tale of tM premises hereby mortgaged a~traMb~tltearMORTGAGEE or i» tuccessors~a attigm, alas!! operate or sssigns and no extension of the time for tM payment of tM debt hereby seta ed g' Y to release, discharge, modify change or affect tM original liability of tM MORTGAGOR herein, either in whole or in part. 10. It is specifically agreed that time is of tM essence of this tontrect and that M waiver of any obligation herelKSder a of tM obligaYton se- cured Mreby shall at any time thereafter be Mld`to M a waiver of tM terms Mreof or of the irntnxMnt secured herby. IN WITNESS WHEREOF, tM said MORTGAGOR has hereunto set his hand and teal tM day and year flrsf aforetsld. Sig al and fiver i tM ace of: ~~-~~~~__- ~ ~ "~~ •'~,~- Z-~_ // ~L ~-~' ~-- (seep . ~ /mil / ,.. . _ Y ~ ICJ. _..,. - rs.a0 Seal SeaD STATE OF FLORIDA l ~ St. Lucie I COUNTY OF and Before me personally appeared Fred F Adams nAy7ia T) Adstn~ hit wife, to rM well known and knot"" ro me to be before rM tMt they exerted tM earM for tM purposes the individuals de.scribed In and who axeMed tM foregoing Instrument, and aduwwledpd therein expressed. And tM w F ed F Ad 8fe8 upon a separate and private wife of tM aid ro sad before me tMt slw executed said irutrumeM freely std volun- examination by me taken separate and apart fra't her aid husband, ackrwvvledped »rily end without any compulsion, constraint, appreMniwn, or fear of a from her said hutlsarwl. ~ D. 1961 17th d,y ,f Februa WITNESS my Mnd end offkial seal thi Notary ublk M and'f°f~~ of flajda at Larfi+ My Commwsiott expire(! 4' / Return To: NO(N~ PIlbrK, S(Jt! OI ROttdit at Large First Federal Savings i loco Association top CotntttisSan Expires !rr.. ~st:4 Of Fort Pierce. Fort Pierce, Florida b.e.a sr ~.»,t•~ r.. + c....s. co. :; - s ,;,; Y _ ,. : ; •: • '~,', ~, da ''~? .~.~::.~.::~. ~J ~~~~~ FI~EC ;"!~ QFrn"nED ~'' _. . _.~ ~K I~':. rE~ ~ 7 Pil 3' ~r• rt ~ r ~ r ~ o ; -;~ s, c~~~:~ „~. ~ i ~r =~ ,, .,. +~ ... . ,; . `~ `r 'i, .... •t~t, ~. , ~.,,; ~-