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HomeMy WebLinkAbout1118 3. To pi<<. an<S contInuovaly kMp on the bulldlnsr* _ 0# .......fter tltual. on ..Id land .nd on all eqvlpmenl and pen<n.lly covered by Ihi.. ~lJ' av'. with oil premiums "'.non "aid III full. fire .nevr;once In 1'... ...va; .,.nc.:a,d policy form. In . ."'" 'W:oved by lhe MORTGAGEe. .nd ...,no.'Otm 1nI....._ In the Vlval u.nd.rcl policy form. 1ft a aum app'oved by the MORTGAGEE. III IUCh com~n" Of compen;.. .. lhe MORTGAGEE mot dired, ...d all f:r. and windstOf'" ........ne. polk~. on any of ..It! bvildingt. any In....., lher"ln 01 ~rt ,he...,f. .n lhe agg/ogol. .vm .fOta",d Ot In .",-. ~oof. ....11 (.)nI.1n the _I .,.nd4fd mOI'~ cl..... Of .,.JCh other ct..- .. lhe ~OI9" rNIY r....vir.. .".l<lng the 1001 vndet ..id poll- c.... ..ch and ....ery, ~y.bl. 10 ..id MORTGAGEE II 111 Ift,.,.., rNIY appNI. and eac:h and ......... wch policy .hall be promplly ..,;gn.d and d.li".r.d 10 any h.1d by ..Id MORTGA<:..fE a. fvrth.r ..cvtlty 10 wid mortgage ~bl, and, nol 1_ ,"'n 'en (10) daY' In .dv.nce of lhe u?lr.lion 01 ..ch policy, 10 d. n.... 10 .aid MORTGAGEE . r_....1 ttwreof. fCge!hat with a reulpl fOt the p'....lvm of .v<h renew.l; .nd I...... ..,.11 be no fir. Of wlndslOo''-' '",v..na ~It<ed on .,.,. of .ald buildings, .ny In'.,.., ""r.11I 01 part I.....eot, vnl... In ,... fOfm and with I~ 1061 ~y.ble .. .fOt...i::l. .nd in Ih. .....nt .ny .um 0' mone)' b.com.. p.y.bl. vnder .veh policy 0# poliei.. ..lei MORTGAGEE ....11 ...... 1:-" oplion to rec.'.... .nd .pply ,he ..me on acco...,nt of the Indebt.d- ne.. se<:v,ed her.by 01 10 permil ..id MORTGAGOlS 10 real.... and v.. It 0# .ny ~t !he,eof tOt Olhe, pv,pou.. wllhoul lhe,.by ....i...ing 0' imp.i'. Ing any eqvily, lien or ,:ghl vnd" Of by ...Irtue of ,.,1. mortgage; and 1'1 lhe .....nl ..id MOllTGAGOlS .hall fOf .ny ...101I fill 10 k..,p 111. ..id premi... 10 lnauced. Of hil to dell...., prO<"PIly any of ..;d policlee of ins.,..ne. to ..;d MOIlTGAGEE. 01 fell pror.'ptly ~o p.y fully any pr....ivm the"fOt Of in .ny r..pee! fail to perlOfIO\, d~ll" UKute, .tfect. complete. comply with .nd .blde by thi. c.....enllll, Of .ny part ""I<'f. ..Id MORTGAGEE m.y p,.ce o.,d pooy lor ,veh inavrol'Kl 0( .ny ~rt 1.....lOf withou1 wll"lng Of .ffecting any oplion. liton, eqvity, Of right ..nd.., or by "i,'v. of Ihio MOt!g.go, .nd the full _ of ..a. and ......,., "",h ~.,.....nt ....11 be l;wne-dial.ly due and ~yab" .nd ....11 bMr Int.r." from Ih. d.,. I"-reof vnlil ~id .1 the ,II. 01 nine pet centum pet .rvwlTo .nd ,,,,,,,'ha, wllh IUCh Ios,....., .1...11 be ~vred by I'" II... of thb ~"9" .. To permit. commit 01 .vff., no w..". w..p.irment Of deterlor.,1on of ..Id p<OP<'<ty Of .ny ~rt lhereof. 5. To ~y .1: Ind .Ingvlar the COOII. chlflit" .nd OiXpenoe.. Includll'Q . r~aor-.bIe .ttorney'. fM .nd CO'11 o~ .bolrach of Ihl.. lne...,,,ed or paid .1 0"'1' 'I.... by uid MORTG"'GEE, bee.v.e Of In the evenl of the {.lIvr. on the ~rt of the uld MORTGAGOR 10 dvly, promplly .nd fvlly perform, di.ch..g.. UKVU', .ffect, complel.. comply with .nd abide by ..eh ..... .....ry ..... ,'ipulatlono. ag........,,'-. condition.. .nd co........nh of ..id prominory nol. .nd this mortglli/' any or .11...... and u;d cool.. ct-..,lit" and ..~, .ad> and ."ery, ....11 be Irntl'lItdlately due and ~y.bl.; whel..... or nol lhe,. be nolic. d. m.nd. attempl 10 collect Of ...it pending; and ,... fvll ~I of NCh and ~ auc:" ~ym_ .hall be.r Inl_" from lhe ':11. Iher901 until ~id .1 lhe rol. of nine per centum per .nnvm; end .11 ..id ro.,., che'g.. .nd upen_ Incurred Of ~id. I~I!.eI- with .uch In......,. &hall be ,.cu,ed by Ih. lion of Ihi. ~. 6. ThaI (.) ,n the ~enl of .ny bt.ad- of Ihl. Mortr"'2C Of def.vlt on the ~rt of Ih. MORTGAGOR, Of (bj in t'" _I .ny of ..id 'vnll of money ......In r.f.rrad to be not promptly .nd fvlly ~Id withl,. Ihlrty' (30) day. f><'xt aft., t'-e um. .......,.11'1' bacorn. dv. .nd ~y.bl., wilhvvt dem., d 0' notic., Of (c) in ,... ....,., .ach and .....ry the .t'Pvlallone. 19....menll, condition. and coYef\.n" of ..Id promi.lOry nol. .nd Ihi. mortg.g. .ny or eithe, If. not ~vly, prO<l\fllly .nd fully perfOfmed, d,achargad. UK\lted, .ffected. comp~ted. complied with and abided 'lty, lhen In either or .ny .uch ....enl th. ..id 'll' g'egal. .vm mentioned In .aid promiuOfY nol. then '.m.inlng vnpald, wllh Inl..1I1 .cc,ued, .nd .11 mon.ys HC\Ired her.by. .h.1I bocome dv. .nd p..,.. abl. forlhwilh. or I.......ft.., 01 lhe option of ..id MOR)'GAGEE, .. hloIly .nd compl.,.ly .. if all of tt.. .aid .vm. of money we'. o,ig,nally Uip",lated 10 be p..id on .veh diY, .nything in ..id proml.."y nole Of In Ihl. Mortgag. to I,," conl..ry notwilhsl.nding; .nd the,evpon or th.,..ft~, at I,," oplion of uid MORTGAGEE, withoul noliee 0' demand, svil al I.w Of In eqvity. Iher.fOfe Ot Ihe,eafte, begvn. m.y be p'OMcuted .. If all mon.y. .ecv,ed he,~by had matured prior to itl "I"ltlhJlton. 7. Tha, in the event that at the beginni;;g of Of It Any time per.di"V .ny sui' upon this Mortgage, or to fore-dose it, or to reform it, or to enforc~ pay"",'" of any claims M'eu"de', .aid MORTGAGEE shall .pply 10 Ihe Covrl ha...ing jv,i.diction lhe,.of lor 1M .ppointmenl of . Rocei...... .ueh Covrt .hall fOlthwith appoint a receiver of said mort~age<l property .11 and Ilnguliir, in(~uding all and lingular the income, profits issues end revenues from whatever source deri....ed, t>a<h and every of which. it being expr.u1y unde,.toc-d, i, h.reb~ mortgaged II if Ipeci1iciilly set fa. th and delcribed in Ihe granfil)g and habendl'm c1'l..'ses hereof, and !ouch Receiver .h.lI hive .11 the bto.d and .ffKtiv& functions and power. in .nywise entrul,e-d by . Court 10 . Re<eiver, and .uch appointm.n! .h.1I be mad. by .vch Cov,1 .. an admi"ed .qvity and . ....".. of ab.olvte rillhl 10 ..id MORTGAGEE, and without ,.ferer-ce 10 the Adeqv.cy 0' inadequacy of Ihe ....Iue of the prope"y morlgag~d or to the solv.ncy 0' in.ol....ncy of ..id MORTGAGOR 0( Ih. d.fend.nll, Ind Ihat .veh ,.nts. p,ohn. income, inves .nei' re...en"". .1..11 be applied by Ivch Receiver .ccording 10 the lien Ot ;>quily of ..id MORTGAGEE .nd Ihe proclice of such Court. 8. To duly, p,omplly and fv!!y pedorm, diach.'ge, execvl., effect, complele, comply wilh aMI abide by ..ch And o....ry lhe Uipul,'ion., .g,eemenll, COt'KIitto.."11 and coven"nh in said promin~ry no'e and Ihi. rnortg6Qe a.' forth. 9. ThaI in tM e...enl Ihe ownership 01 lhe mortgaged pr.mi.... or Iny ~rt lhereof, b~ome. ...ested in a pe'ton OIM' Ih.n I,," MORTGAGOR. Ihe MORTGAGEE. ill svccenors .nd auign.. m.y. without notice 10 111. MORTOAOR. de.l 'Nith .u<h .vccenor or ,ucce"o' in int..e.t with ,.fe,.nee to this mo<tgog" and the deb. M,eby secv,ed in the ..me m.n"., .. w,th Morlg'eor withovl in any w.y ...ilialing or dikharging I,," Mor'gagors' Iiabilily hore- vnde' Of vpon 1M debt hereby ....cv,ed. No ..I. of 111. pr.mi... "'r.by ",c:rtgl9.d and no forbe...nce on 111. parI of Ih. MORTGAGEE or it. 'ucee,")" Of .uigno .nd no extension of Ihe lime fo, the ~yment of the <i.b, her.by Mevr.d giv.n by Ih. MORTGAGEE 0' ita 'vcellOOU Of ...ign.. .h.i1 operate 10 relule, discharge, modify chan~l" 0' .ffecl the origiNl li.bility of lhe MORTGAGO~ here'n. .i'her in whol. Of In pa". 10. " is specifically agreed ,h., lime is d I:.. "u.na of lhlt cont,ect .nd lhal no w.iver of .ny oblig.'ion hereunder or 01 I~ OOlig'lion .e. cu,ed Mreby .I,all ., .ny lima 'he,eafter be helO'lo ba a wa"'., of the I.".... h.,eof Of of the InU,vmenl .ecv,ed hto,by. IN wlTNl5S WHEReOF, I,," .aid ......ORTGAGOR h.. he,.vnlo ..I hi. hand and ...1 Ih. S;g,rted)'Se.led and doli:"j::t lhe ~..enc:t of: ("~J~ ~ ~e~ ;:k~cJifL7i "~#~ d.y .nd yu.. fi.., afo,euid. 9iRj; f)2 yt ~ ~~ 1 (Seal) (Seal) (Seal) (Seli) COUNTY OF ": :) t ~I n : "- .Jlfd - ' .,....... '. . I hi. wlf.. to me well ~n :-~~ncr.07rf'oto m~ 10 he"- lhe fCH'.golng In. ''''''''''', and ad<nowlad(,ed befOl'a me thaI they UK>lt~ l~: ,~me ~ ~ ,pu'POafl BlAnche y. P~arl . 'v'::' wife of the said Pbilip P~arl ~Po.ri'~'~p""'.'f~ pt.lvat. ......iNlion ~ me ,'''... ..~..,. .nd .~rl frOf"l lIfr s~id husband. acknooNled;ed 10 and befon me ,''', ,he ..ecuted &aid iMlr~f'I. frhly .n~" volvl>- I.rlly and w,'hou' .ny compultoOn. constra,nl, appr~ fur of at from her Mid hvab.nd. '.. WITNESS my hand and offici.1 ...1 thilL-- ~ day 01 ~rch . d A. D. 19~ .~.,J cPo ~Jf~& NotVf '"'*lie In .,.d.for the ..... of Florida ., Latgt ,.., c-.mINI6n ."J>IU-\ .- 'LbJ' S' I 'A -'.J t 1- ~1' rv IC, .. c 0 Onu".....,.. My c:o..isiion Expiles Nov. 4. 1961 __.,. ..-... 'n. ea.--. Y. Saint Lucie } ss. ... ' C'"" .. ;.'...:. .i.c-~' STATE OF flORIDA 6ofOf. m. penonally appeared Rl.n~hA v. Pe~~l the indi...idv.1a doocribed II' and who uacvt..d theraln '''pr ...ed. And,... uJ<! Philip Pearl .. Return To. AnI rederal SavInga &. LOM Of FOtf "letce. fott Pletce, Florida .~ 93399 FILEQ AND RECORDED 11~/I~F...?l'-'~P-" ')?fIJ~K J": ..... _.' It J. J ROGER POITRf,S. Cl[~~ Si,l UCIE V: IJlIT Y. Fl ::1 ,\ l' .. . '40 .. , ~..... :;...."11.."" ;- ,~f(' .-"-" .~, 'I , . '.. ~ ;..... ,. ,\'t' t. ' . ~ ;'1",\: /'(~_)~<:''';'_''''''' ':- ..,..... ,:.. 'l' :' "... '..'..> ~...., . ; : _ : ..... ,'."- '. " v '. t, -~, .., .' "" \ . . : ~ ::-- ',11 ..'.".. .... : '.., ,- ::),/ ...~~.. (.) ; . "",."., )l~_ .-: : -'. :.Jlh'~'t,}J.~;I/'f<..;,'r .... .:" "'.' I ,- ~' ~ I .. [., : .; '.~~"~;\;. J" ....:.~~ i~J~.:~.'..~':~ ~~~.~'r. <".f ....' t!~~:1-.".". ,\ ....'...r.. .... \.., .', . <:1 \, .,toi'... . ,., 14,1" .... . \,.",::. ~ J .:,-, ' . '" ':'.lI~hl"J\,',.}~"" , "It"t:;,Y, ~ .' e - B ~}3399 '?~~'!'~:~~'~"lff~~~~'~:}' .. .