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HomeMy WebLinkAbout0603 3. To pIKe end Wrll'-'Y""9 Oft'~ ~'n- '" ~ ~ Oft MId lend..... nil ~h eqollpNftt"'; ~Iy ~ by th,...-tv- -0.. ""it" .11 preml_ I""'eon ~ld an ful!, flre ~ In ~ -' _".....' .....ne, --. ... . """ ~CMtll by ~ MQCTGAGff, end ...lndafclm\ INv..~ 1/\ I'" liwal .t.~11l policy fonft. In . "'"" ~ by tho MOllfGAGtI. In ti.lCh ~ _ ~ .. .... ~TGAGfi: -'f directl end .1I fire .nd wlndororm 1nevfH\te poIkiM or. any 01 MId bulldlne&. eI'fO/ Inter"" tt.f'eIn 01 part theteof. WI the 8g9reoete ....... .'-~ or In uc... I.....eof. ....11 CO'\tal/\ the -..1 ,Ienderd mor~ d_ or tud\ Of+- ct- .. liw ~ ,....., reqvlre. ....... th 10. uncIet ,"old poll- c.... uch .nd ...-y. ~,e~1e to ..kl MOllTGAGft .. its Ink'ft' may appear. end MCh end fNery tud\ poIk'r ....11 be P'~ ~ end d..:f___r-ed to any held by uld MORTGA:;tf .. fvrthet _Ity to Mid ~ debt. and. nnt '- IMft ..., (10) <>>ys In edv.'ce of ~ explr.llon cl Meh policy. to 0.- liver to Hid MORTGAGEE. ,_wal t"'r*<lf. tooel"'" .....Ith . '1lCle1pt fof the premium of .ud\ r_w.11 and "-e .hall ~ no fire - wlnc!atorm lnaura.- plaud 01\ .ny 01 wid b..>lIding., any Inl....I It.ff../\ tW pert lhereef. "".... In the for", end wtt" .... Iou payab" .. .tor.M!d, ~ In the .vent .ny .u'" of mor..y becomeS pay.b1. under lI>eh policy or polidea ..1<1 N\OllTGAG!! 1...11 ....... th. option to racel". ...d ar-t>lv I'" -- on accounl of IN Indeb~ nes. ucvred "'r.by .:JII to permll uld MOllTGJ.GQItS to receive .nd \1M It 01 cny pari I.....eof fOf' 01.... p"rp........ wlt~ .......by w.i...ing 01 impair- Ing any equ;"Iy. lien 01 right uncl.t UI by virtue of thl. mor~l and In the ......., Mid MOItTGAGOttS ....11 fOl' '''Y ..- f.1I to u.p the ..Id pt9tn1... to In.ured. 01 f.il to del...... promptly .ny "I Mid policie9 of InautN'<e to ..Id MOll~GAGff. or fall prompl~f to pay fully env ~lvm therefor or In any r..pe<1 hi! 10 perlor",. Jiscl\arlf., execJf.. .ffecl, compl-otl.. comply ..,i;;, ...d .t-idol. by tN. covenant. 01 any pari hereof. Mid MOaTGAGU .....y rl.ca and pey 101 IVch Inlvranc. Of any ~rl tt...eof wit~ w.lvlng ;M' .r' ding .ny oplion, lien. equity. or ,Ighl unci<< or by virtue of Ihl. 1I'.ongage. .nd t'" ; ,II amount of M<h .nd every lUC"h pe'f"'O"l ..'Mil be ~....Iy due .nd peye:.1e Md eM'l bMt It:tet..I frtlm the dele thetvof until peld .1 the rete of nine per centum pet """,rn .nd love1"'r with ",och im....t .hell be MCUred by lhe I~ of I" ~. 4. 1(' permit. commit or .uff., OQ ....oat.. Impelnnenl ~ de1er1or.'1on o' ..Id propet1'Y or any pert tt-.of, 5. To pey .11 end .i"l1ular t'" coo". ch...V-~ .nd .xpen-. ~ud!ng . r...onabl. .ttorney'. f.. and coefl of ...kttacn of tItI.. In..-utte<' or paid a' any time by ..id M~RTGAGH, be<au.. or In I'" .......t of the hllvre 01' I'" pert of t'" uld MORTGAGOR to cNly. prompt'" .nd fvllj pHfotn.. dlscNrQOo Ixecuta. efled, complete. comply with .nd .t-Ide by ..en .nd evwy the .tir-<..:.tionl. -or..-ta. condilionl, ~ co......nfl of ..id prOlT-iuory note .nd , .b MC"909. any or eil""'. .nd IOId cost.. cl\arll.. .nd exp.cnMl. net. and ....ery. ....11 be 1rntT>edlately due and pay.bIe; whether or not I...... be notice de- mand, a"."'pt to cc.".u or I'Jit pendil'l(); .nd 1M fun amount of eKh .nd wwy wch peymen' .NII be.r Inl_1 from the date lhereof vntil poI!ld .t t'" rat. of nine ~r ceo.um per .nnum; on"; ell uid co.", charg.s and .xpen"" ;ncvrred Of peld. fogef..... with Ivcn Intetesf. ahall be MCUled by the lien o~ lhi. I"O(Y.!g age. 6. That (0) 1/\ the ev....I 01 ....y :r.ach of Ih', MortIl69" or def.ult on th6 pert c;f lhe MOQTGAGC-t. or (b) Ir: I'" -' any of Mid I<lIM of rr.oney hare in referr.d to be ,...01 promptly ,nd fuliy peld within thirty' 130) dlY' nexl .ft.. the ._ u....,.liy become dve and pey.bI.. ....II~ demand 0: notl.;e, '" (<) in th. ev.nl nch .nd avery t'" .'ipulalionc, -or4Otn....". conditiON .nd coven.nll of Mid proml..ory nola .nd Ihis mortll~ any or .1"'" .'" not :luly. promptly and fully performed, diKMrged. ueevted. .ffeeled. compl.ted. complied wllh .nd .blded 'IIy, tn.n In eilher or .ny Ivcn .vent the ~..Id ll9" llregate .um m.ntioned in uid ;>rcm,uory not. then remeinlng unpaid, .....Ith Int.r..t accrued. er>d .11 mone~'. .eevred her.by. .hell be<ome due .nd pey- obi. fOrlhwith, or thereafter. 01 the oplion of uid MORTGAGE!. .. ful'y .reI con,pl.tely .. if .11 of the said .um. of money ......r. ori9inally .tipulated to be p.,d on .uch day, anything in Slid prom;uory not. or in Itlll Mortgag. to lhe contrary notwhh.tlnding; and thereupon or ther.aft.r .1 tne option of uid MORTGAGEE, without notice or cl.mand. .uit at low .." in equity, ther~fore or Ih.reafter begun, may be pr.,..,cuted .. if all rnoo.ey" .<<urad "'reby hid m~turt'd prIor l.:l its institution. 7. That in the event thaI at the wgir.ning 01 or et any timo pending eny .ull u;>On this Morlg.g., or 10 forecl<... it. c..r to ~ef"rm it. Q;-to .nlorca payment of on... cl.im. hereunder. .aiu MORTGAGEE .hall .pply to tn. Court hiving juri,diction thereuf lor the eppointm.nt of a Receive'. .uch Court ,hall forthwith appoint a recei....er of Hlid mortgaged property all .r.d 'intul.', Including .11 .I\d lirgular the incoM., profits, juves and r...,.enues from whatever .ource deri,ed. each and every of which, it being expressly underltood, i, her.by mNtll.9ed as if .pecilicolly lei forth .nd de.cribed in the granting .nd hat-endum ciav.e. hereof, and .vch Receiver .hall have 011 the brood .nd .ffectiv. functi:>n. .nd pow.rs in anywi.e entru.to-d by . Court to 0 Recei...er, .nd .uch appointment .hall be m.de by such Court a. on admilled eGuity .nd . m~"ar of ab.olute right to ...d MORTGAGEE. and without r.f.rence to lhe adequacy or inadequacy of the value 01 the property mortgaged or to the .olvency or in.ol...ency 01 Slid MORTGAGOR Of' the d.fendant., a"d that .uch rents, prof,t" income. iuue. and- ..venues .holl be ap;>lied by .uck Ilecelv.r .ccording to t'" lI.n or equity of uid MORTGAGEE anci t~ practic. 01 tuch Court. 8. To duly, promotly and fully perform. diocharg.. exC!<vte, Iff,ct. complet., comply whn .nd ebide by each .nd .....ry the .tipulltiOl'll. .greemenll, conditions and covenant' in said promiuory note and .hi. mortQage ..t fOf'.h. 9. That in the event th. owner.hi;> of the mortgaged pr.mi,,", Of' any pert thereof, becornft vested in . person ot~r than t'" MORTGAGOR, th. MORTGAGEE, its ,ucc.uors and au.gnc, may, without notice to the MORTGAOIl, deal with weh .ucceu<>r or 'ucceUor in intere.t with r.lerene. to thi, mortgoge and the debt hereby .ecured in Ihe ..me manner.. with ~rtgagor without in .,'y way vitiating or diKharging t'" Mortg09ors' liability here- under c' uc,on lhe dect hereby .ecured. No ..Ie of 1M premile. her.by mortgeg.d and no forbearance on the part 01 tha MORTGAGEE or ill .ucceuor~ or a"ig'.. and no exten.ion 01 the time lor the payment of th. debt h.reby .e<:ured gi....n by the MORTGAGEE o. its .""c...on Of 0"191\1, .hell operate to releas~. d,ocharge, mod,f, ch.n9' or affect th. original liability of Ih. MORTGAGOR her.in. eil"'r in whol. or In pert. 10. It i, .peciliealiy '''ieed tho! time i. of the euence of thll contrad and lhet no w.iv.. of any ob1i9ation h.reunder or 01 t'" ~Ilgat",n Ie- curo-d her~by .hall at any time thereafter be held'to be a waiv.r (If tna t.rms ""reof or of the instrument ..curo-d harby. II.ORTGAGOR r.. hereunto .et hi. hand and 1001 th. ~IY and yu, fir.t .for.uid. ,d~, i-,fA-U /~(Seel) (Se.I) (Seal) (Se.l) STATE OF flORIDA COUNTY OF Saint Lucie ~ ,. ~ ~~, to m. ......11 Ir.nowri.,,'I! .~'..'o,..:,;:~. rna..t6 be lhe indi'id-.Ja'y! de.cribed In ,~d .....i>... ,xeculed the foregoing In.trum.!ll. and .clr.nowledgr;/ .>etor, me lhot ~ lXoculad ~ ::,.;.,. fOf" t'" 'P<i~poccs ,herein eX;>reued. ~ Tn" Ta"r- she -,:: :) 1., p '. u ......rllf-M!'~ -.i. ~~~~"l>~- ................."" _.. ...... .......te ..~_ __..1~.......,...~eol-4....... +.A _ .... I~.... _..4ad ~ .......;.~~....w:.~-- _.,..n._IooceC....~I,..,..,~;".,..~"'~~~t!~I""WI~~. ~; ~\.... .:. 0 tl .: WITNESS my nand and official le.1 th;. 4 th d.y of M~ _. -:?,"" /7~~-:-: .: A. .0, ~ ~: hj c;?( ~rrf: ~/:/ r, .::; ';"oj .~. Not.ry P",Ii< in .nd .~~ lhe St.te of florida ~ . Large My Co"'''"I..iOn ..~..:.. Pul,!' mnBJ ~,K. Sl..:r Or R.:-rida at L~ My eo.miHi~n fy'"" ",.. . .n.. t..,_~ It"",. ~, 1101 hedeG 11 "-<,,..,.. l ~ c., Before me personallY appeared Ruth Taylor Boone. a wtdow Return r 0: First F.der.1 Sa...ings & lOin Of Fort Pierce. fort Pi.rce, ~Iorid. Auoclalion - ., ": -. . , .... "I ," , ,',.' L , . . :" ,. 93101 F~'" , AND PECO~,O,EO l . '. tl" ~ \nn~K L! _. \~~ \\t~');l I. \(\,. 'I..~ t"1 ,...., l' "7 ~ ': ,i:.1.: j- Ii V' l J ,"; " ..~ " \; l ~. ( ". .~\ .~.~ ;.;; .'( r: '" ~. ..:':...~ :' ,.... \' R 0 G E R PO IT:-,' .: . r' r~..~ (' T I I "I. .... - ~~\~ ; . - . - ...". / .... . ' !3 )~ -- -