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HomeMy WebLinkAbout0883 6 O. R, aoaK 3. To place and <onronuously k.ap on the building. .- 01 ......."- o/twtw (jn uId 16M .... ~ an equ~ ...0 ~Iy -.d by thb ~ "J'. with all pr....luml t:_eon p.id in full, fl.. .....,_ In lhe UI\HI' Itandatd polley form. In . tuM If>ptC'Yed by the MOllTGAGU. and wlndotorm ir:wr.nca In the \/Iu.1 IIt...o.,d policy 101m. In a I...... approyad by the MORTGAGEf, In wen comp<my 0# companlel ... tt.. I,\Ol!TGAGEE _y dirK!; at>d Ii! fill .nd wiodslo,,,,, lnauranc. polidM _ ",y of ..Id bvildinga. any in......, th.r.1n ~ pIf1 ~~f, in .... lIQ9tIOaI. a"", afor...id Of In UClII 1~lOf, Ih.11 con',in Ih~ '"lual IIanebld mottQc~ c1-. ~ auch ~ cl...... .. ~ Mc~ _y require, maklng I.... ~ unda< scid poli- cill. .tch and ..lfY, paYlb!.. 10 lIio A.;ORTGAGEE II ". In~t -l ~, ..-.d each and .very .uch policy ahal! 1:4 ~t'" Ulignad and delivered 10 eny h.id by ..id MORTGAGEE a. furlher II<UlIIy 10 ..id "-'Vega debt, and, ;>of ,_ ,.,.., ten (10) da~ In adv_ of the "pltallon of Meh polky, to de- liva' 10 ..id MORTGAGEE I renewal lhet.of. l<>gal.... with a rec.lpt f')t the 1"......1"'" of .uch r_al/ arri ther. ....11 be ftO lir. or wlndatorrn lnauranc. piKed on any of ..id bvllding., any 1,',....11 "",.In or part thereof, vol... In lhe ionn IncI wllh the IoN payabla .. lfOI..l4lkl/ and in the .venl Iny 1<111I of money bK<>rNt payabla unJer luch polky or po/id.. wid MOllTGAGCE .hall have the ~11on to race/ve and Ipply the ..",. on ICCuunI of the 'ndab!.~ ...01 .tcured heraby Of 10 perm/I said MOIlTGAGOR~ 10 receiva tnd ".. It or any part I.....eof for olher putpOMl, withovt I....<rby wal...ing Of Imp.i,. ing .ny "'ll,ily. lien or 'ighl und.r 01 by vlrtua of Ihi. rnoNgega; end in lha .venl uid MORTGAGORS ahall for .ny ....aon fell to kMp t~ ..id pternill:' 10 ir,lured, Of hil 10 dali....' promptl, any of ..Id policia. of i.,.ulOnc. :0 laid MOllTGAGEE, or hi! P'OtnPlly to pay fully any pt"ImlulII thanfcv 01 I.. any ralPKf f.1I 10 perf;:>nn, ditcharg., UKulI, affK!, compl.l., comply wllh and abid. by Ihi. ccwenanl, or any part hereof, wid MOIlTGAGU may piKa and p.y lor .u<h inluranca or any parI lher.of wilhovt ""al...lng Of affec<lng any option, Ii.n, equity, Or'righl undat or by virtue of Ihl. Mortgage, Ind lhe full .mouol of INCh and .....ry .u<h paY"'lnl Ihall be Immedlal.ly due and payabl. .nd lhall b.., lohot..: from the dal. It~eo" l-nlll paid al 1M rll. of n:". per c.nlum per annum ao>d log.the, wilh luch in'.r", .hall be lecu,ed by lhe lien of thb ~. ~. To pe,mll, commll Of suff.. no w"'a.. impalr""", '>t deler\oution of ..id property 01 any part thereof. 5. To pay all and lingular lhe COtIl, charg.. ar.d expanse,. Including a ..alQnabl. altornay'. f.. Ind coan of 1b&1r1Ctl of IItl., incvt'red or paid II Iny li_ by ..Id 1AOIlTGAGH, waUl. or In lhe .~I of lhe f.il",. on the part of lhe ..id M0llTGAGOR 10 duly, promptly and ~...i!y perform, discharga, I."'ul., .ffect, compl.la, comply wilh Ind .bide by ..ch .nd evtlry Ih .lIpul.,ion., Agr....-,,.. condiliont. end COveNn,. of wid promlaaory not. and Ihi. mortgage any 0' .ilher, and .aid COlli, charg.. and ..pen...., aaLh and ,very. ahall be IlNnedill.ly due and pay"bl.; whether or 001 I...... be nolice de- m."d, a".mpl 10 coli<<1 or .uil pe.>d'ng; and lhe full amovnl of INCh and every we!' paY"'lnl .hall bear Inl_1 from lhe dall lhere.>f unlll paid al lhe r.', of nine ~, c.nlum per an"L""; and III ..id '0"', charg.. aMI a"pen... incurred or paid, toga"- wilh auch In'""" ....11 be MC\Ked by ,... lien of Ihi. m<:1lgaga. 6. Th., (.) in lhe .....nl of any br.ach of Ihl. Mortgag. ~ ciafl'''; on the ~rt of the MORTGAGOR, or (0) In tha event any of ..id .uml of lTlOnlly her.in r.f.rred 10 be not promplly and fully paid wllt,in Ihirty (30) day. naxl .h.., lhe ...... ..vero1Iy ~""" due and payable, wlthoct demand or noli;:o. or (e) io Iha ov.nl ea<h .nd .....ry lha .rip..,l.'ion., egr..men", condilion. .nd <<'Vanan,. of It id promiuory nol. Ir>d 11.:. mortgag. Iny Of .ilhe, ara not j'Jly, p'o...p.ly and fully perform.d, di>ehorg.d, 'Xe<ul&d. effltCied, complal&d, complied with and .bidKI 'lty, lhan In .iln., or any .u<h .v.nl ,''' .aid ~ 9'''9al. lum m.ntion.d In ..id prominor'f nole ,h.n r.m.inir>g unpaid, wilh In'..e,' accrued, an<! all money. ..cured ....eby, lhali b.<:ome due and p~.,.. al:'. forthwi'h, or Ih.reaft.r. ., the OpliOll of ..id MORTGAGEE, .. fully and comnlellly .. if all of the said .um. of money _r~ origin.lly lIipulaled '0 b" p.,d on .uch day. anylhing in laid promiuory nol. or I" Ihi. Morlgag. 10 II.. conlrary notwith'andi/Y,l; and lhareupon 01" 'her..ft.. al !he option of ..id MORTG.AGEE, wirnoul no"'e O' demand. .u;1 II I.... or In equily. Ihar.fOl. 0< lhere.ft" begun, may be proaecu!ed al If .11 money. 'Kured hereby had mature-d prior 'e its insfit\J.ion. 7. That in the event that at fhe ~inning of or at any tin~ pending any sui, upon this Mortgage. or to for~cIOH it, or to reform it, or to enforce pJym.nl of .ny c1.im. hor.u"d"r. ..id MORTGAGEE ,hall apply 10 Ih. Courl h.ving juri.diction lher.of fo, Ihe appointm.nl of I R.c.iv.r, luch Court .h.1I forthwith t!o,:oint a receiver of said mortgaged pro~rty all and ,lngular, includIng .11 and lingulu itw:!o ir.". ~me. profih, iuuel :;",;;1 te'.o;:r,;,,;es from whatever Source derived. each and every of which, it being expressly und.,.tood. il hereby mortgag&d .1 jf lpe<jfically let forth .nd deK1i~ in the granting and habendum dal.lleS ht-reof. and such R:':"<:ei-"e-r .hall have t!ll the broad and .ffe<:ti'"re functions .nd power. in .nywile entrulte-d by . Court to . R:e<:eiver, and ".'eh 'ppoi"!m,,..1 ,na;1 bo mad. by .~ch Courl .. an .dmiffed .qu,'y Ind . ~".r of ablolull righl 10 uid MOIlTGAGEE, Ind w;'noul refer.nc. 10 II.. .dequacy or i~.dequacy of the ....Iu. of Ih. proper:; ",o,tg.g.d or 10 'ha .ol...eocy or in.olv.ncy of lIid MORTGAGOR 01 Ihe defend.nta. .nd .1.., luch reo,... prof,.., income, i..ue. .nd- rc,'enue. .flall be 'Pl'iied by .ucn Recei...er ..cording 10 lhe lien or equily of uid MORTGAGEE Ind Ih. pllclice of .uch Covrt. _ 8. To duiy, promr':y and fully perform, discharg.. e.ecu'., affect, cOlTl>leI., comply wilh and Lbid.t by elcn and e...<try the I'ipul,'ion., agrMmenl., cond;rions and COyena~h in 'aid prom:ssory note and this ":o"ga9. I.t forth. 9. Thai in ,he even' Ih. ownerahip of II.. morlgag~d prem'.... or any p.rt Ihe,eof, becom.. v..,.d in a perlOn olh.r than the MORTGAGOR, lha MORTGAGEE, its IU((t:,,,"or\ and ~uigrll, may, wi,~:;)u' notice to the MORTGAOR, deal whn luen IVCCt'UOf or IUecenOf' in interet' with reference to thi, mortgage "no The d~bl h~reby '(;cured in the ,,,me marmer as with Mortgagor without in any way vitiating or dilcn~rging 'h. Mortgagor.' liability here-- 'Jnder or upon Ihe dt.lcl h~rd'.", secured. No s31e of the I)remilel her-re-by mortgaged end no forbearance on fhe par1 of the MORTGAGEE or if. 3IJCCenorl or assigns llnd no cx!ension of the time for the payment ttf the debt hereby secured given by the MORTGAGEE or ita lucceSKY."1 or IlIign., ahall o~rat. to rei..,.. d,sch"go. moody ch.nge or .ffecl the or'ginll li.bility of Ihe MORTGAGOR her.in, eilhe, in whole or in part. cured 10. II i. .pec ':coliy .gr..d that .ime i. 01 Ihe .....nce of Ihi. conlrocl .nd ,h., no w.i....r of .ny oblig.'ion hereur>de< c.r of the oblig.'io" .e- hereby ,h.;; ,I -"y lime Ih.r.aft.r be htld'to be . waiv.r 01 Iha lerml hereof or of Ih. In.'rumenl lecured herby. ''''0.'. ... '" ,,,'" ..d ..., .... d., "'" ~'.''';) ~ ~;/uf(';;;;>d . IN I'.IP,ESS '.VHfREOf. tho ,_,id MORTGAGOR h.. ~ignod. Sealed and "li....r.d in II.. p'..ence of: ~y //L 4;: :;~_.~~.~d ((~. (Seal) ISo.i) (Seal) 5r".:[ OF FlOPIDA St. Lucie COUNTY OF ____ Bofore m. p<rson.'iy 'rear.d ,..~r P a Lou se u. L.e n (Seal) ~ ~. I Leln ."d hi. wil., 10 m. wall known .nd known 10 me 10 be j"ll:um.nl, and acknOWledged tJefor. me Ihll lhey .xacuted she ..m. for Ihe purpos.. Lein Ih. individu.l. do.cribed in ., d who ..ecul&d 11.0 for.gOIr>g rherein expressed, And lhe soid L au 1 !!I e G a wile of Ii'e ,.id _ --..Ray P.. Lei n exam'''a.i"n b\' m. I..on .opar.'e and ap.rt frOM h.r laid hUlblnd, .c~nowf.dged 10 and bel"" me tardy &nd wlthour arT,. compulsion, constrlint, appreh&nlion. or ft:.r of or from her laid husband. WITNESS my hand .nd offici. I ...1 IhiL---.L 1 ~ dlY of upon . sep&rate and pr.....ate that .ha e"ecvted ..id lnalrum.nl fre.ly ."d volun- R.'urn To: Firsl F.d.ral S....i'Y,l. & lOin A..O<:i.,ion Of Fort PJ~rce. Fort Pierce. Florida ,. 1 ...,..O.19~ "'\ ' .. - \,.' I .. ....... . Sqte. '" .FIorida ., lIrge . .-J., "~:. J 1 "1.f': t-) "t 'U", (",..,1 ~"-!Oa ~ o ~ry, . ....., ~. ~':.1 '196" . A;y CO::1;;1:!:'C~ ";' :.. . .....(. q" '. \ ,:. 10..-. " ,,-.uft Ie. .. ~:::. .~. ' !Y~~.~5.1 v; .. FEJO M!O RECORDED '''~. ~ """V : J """1:1 .' ._- ~~JJI\ ..\ ~. J \.) I~, ~ '. :'..., - . I "r -. I 1,,\.', .7 P'! I: ( 3: 13 ., (~. " ,- . ROGEn PfJ/Tr\.' 1:' IJ' \ . v.. I; !. c rl r""~' - f ....1.. _;..\ '" ;, I "JL.dr\ , '. ./ '-', ~. " ) 0~J,""S.1 , " 19 .0 e e