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HomeMy WebLinkAbout2459 3. To plac. ..><1 conlinvoulty k.~ on ,~.. Lvlldl..gl now ~'.......".,' tltv.~ eM. 1.1d I.nd .nd on all ''l'',~1 and pe,_.IIy covered by Ihil ~, .11", with .11 prem;.''''1 .h.rwon p.ld '" bll. fi,. In_.nc. In .... ..."., IIInd.rd polky fOlrl'\, In . IV", .Wo....d by'''' .MORTGAGEE, arid wi~'j,.o<", Inl"..nc. in Ih. vl".1 I""d.,d policy fom>. I.. a IV'" .ppmved by .... ,,\OltTGAGfE. In Ivch company CH ~om~nl'l II .... MORTGAGEE may di,ec.; .nd .11 fi'e and wino.Io,,,, lnau-.nc. polklel on .ny of uid building.. .lIY Inter'll ....,.:" CH ~rt t"',eof. In ,t-. ~'I{j.t. .vm .for'SAid or in .xce.. Ihe,eof. Ihall con.a;" ,he ulu.1 .t.rlda,d rnor'g.ge. clev.. or .uch ether clev.. 01 the Mor'Qage. m.y ''"'lvir.. making the Iou under uid poll- ci... IAch and e~ery, pa~ able 10 lIid MORTGAGEE .1 ih in'er..' m.y .ppe.r. and each and e~ery Ivch polky thall be promplly anigned .rId L.livered '0 "'y held by ..id MORTGAGEE II lu'lher I.~u,ily to SAid mor'gage debl. .nd, not I... ,ha" '.n (101 daY' In ed~.nao 01 ,h. .xpl,.'ion of each poli~'. to cJ.- li~er 10 uid MORTGAGEE. """w.1 ,hereol, tog"her with. ,eceip' for the premium of luch re~l; .rId the,. II-.!I be no fire or wlnd~lo<m l",uunc. p'K,o on ,"y 01 ..id building.. any Inl....t therein Of" perl Ihereof. un!e.. In ,''' lorm and wllh lhe Iou ~y.bl. II .for'SAId; .nd In ,''' .venl .ny IVm 01 money become. pay.ble uncMr luch policy N polici.. hid MORTGAGEE Ih.1I have lhe option 10 receive .rId apply ,he lame on accounl of ,he Indebted- ne.. .ecured hereby Of" 10 permil laid MORTGAGOilS 10 rec.i.... and u.. i' or .ny part lhereol lor othe, purpo.... wilho-.JI '......by wai.ing or impair- Ing .ny equity, lian or ,ighl unoer or by vir'.... 01 Ihil mortgage; and in lhe aveI'I laid M01HGAGORS .h,1I ior any ..a_ hil to k~ ,''' laid pr.milea 10 in.ured, or hil 10 d.li,er prOf"l\ptly a"'Y 01 lIid polici.. 01 insu..nce '0 lIid MORTGAGEE. or fail promplly 10 pel' fully any premium Ihe,.fOt or In any '..pee' 1.11 to perlorm. dtlch.rgL, exacul., .ffecl. comp!.t.. comply with .nd abide by Ihil coven en'. or .ny ~rt hereof. ..id MOR.GAGEE may place .nd pay 10, .vch i".urlnc. or .ny p." ,he,eol wilhoul w.iving" .HKling .ny oplion. lien, equily. or ,ighl under or by ~irtve of 'hit Morlg.g.. .nd lhe full .meu,., 01 ..ch .nd .ve,y luch p.ym.nl IMII b. immedi.rely dva .nd poy.ble and Ihall be., Inl"..' f,om 'M d.t. thereof un'i1 .,aid" ,he ule of nine pi' cenlum Pf'r annum and loge'her wilh .uch in I.'.., Ihlll be lecu,ed by I.... lien of thi. mOf"'g.ge. .. To permil. commil Of" luH.. no w.I'e. ''''pel'me,,' Of" dereriN,'ion of IIld p,operty or eny pert t"'reof. S. To p.y all and .ingul.. Iho COS'I. ch.rg.. .nd .xp,"'..... Including a ''''on4lbl. ."orney', fee .nd cOlh of .bllracto of 'ille. Incurred or poid .t MY limo by Hid MORTGAGEE, beeau.. or In lhe e~.nl of ,he f.ilu.. on ,he part of the laid MORTGAGOR 10 duly. p,omptly .nd fully perform. dlschorgo. lXecul.. effec'. complel.., c,,",ply w;Ih .nd .bid. by oltch .nd ev.ry ,he Ilipvl.,ionl. agr..",.nll, conditionl. .nd coven.n" 01 ..id p,omluo,y nole .nd Ihll m<>r'g.ge any or eiIM'. .nd uid COlli, chergol .nd expen.... e.ch .rId .v.ry. .hall b. ImmNI'lely due .nd p.yable; whe,he, or not ,het. be nolic. d.. mand. ."empl 10 coll.<1 or .uil pending; end ,''' fuil .mounl of ..ch .nd ev.r( .uch p.ym.nl lhell b.., Inl...., from ,he d.t. the,eof until pold .t ,h. ra'e of nine pe' cenlvm Pf" .nnu"'; .nd .11 lIid COI", cberg.. .nd .xpen"l incurred Of" p.ld. '~e:her wilh .vcr. Int...". 'NII be .ecu,ed by ,he lien of ,hli mortgage. 6. -:nal (II in Ihe e~en' of .ny brelch of this Mor'g.ge ~r d.hult on lhe part of .ho MORTGAGOR. Of" (hI In Ih. ev.n, .ny of I.id I"ml of money h..rein referr..d 10 be ".:>, promplly end lully paid wilhin Ihi,ty (301 day. nexl aft.. Ih. 11m. laver. Ill' beeome dve and poyable. wilhouI demand 0' nolice, or (c) in Ihe e~",.t each and every lhe IlipUllliOlll, agreemenll. cO<w:lilionl .nd coven.n" of I.id p,omiuo,y nole and Ini. mortgage .ny or .ilhe, er. no! :lull', promptiy Md Ivlly perlormed, di.charged. execuled, effected, compl.,ed. complied wilh .nd abided 't.y. lhen In .ilhe, or .ny Ivch event lhe uid ago 9r"9a.e .vm menlioned in ..id promiuo'y nole Ihen ,emaining unpaid, with int....' .cc,ued. and .11 money I teCU,ed hereby. .hall become due .nd POY" able Icrlhwith. or therelfter. al lhe option of lIid MORTGAGEE, II fully and complelely as if all of 'h" said .um. 01 money were originally I'iputlted 10 be p,'cl on .uch dol', an)lhing in uid promiuo,y no Ie or in ,hi. MO;'glge '0 Ihe conl,a,y notwith.,.nding; and ,hereupon or Iherelfter al lhe oplion of .aid MORTGAGEE, w"hovt notice or demlnd, sui' al law or In eq...ity, therQfore or Ihereafte, begun. may be p,oseculed as if 111 money. secured hereby had matured prior to I" institution. 7. That in the e....cn' ,hat at the beginning of or at .ny time pending .!ny luit upon this Mortgege, or to fore-dose it, c-r to reform it, or to enforce p.ymenl of anv claIm, h~reunder, ..id MORTGAGEE .hlll apply 10 Ihe Courl having juri.diclion Ihereol fo, Ihe .ppeinln-.,nt of a Receiver. luch Cou,' shal! forthwith ./!p~oint a recei~'er of !.~id mortgaged property all and lingular, in<luding all and singular the income, profits, issue, and revenuet from whatever 'ov"e d~riv~d, each and every of wh;(h, il being exp,enly unde"lood. il hereby morlgaged a. if Jpecificllly sel forlh and d".cribed in Ihe grlnling and habendum CldL'\e~ hp'~o', and H:ch RC'cei....er sh"lI hi:tve all the broad and effe<~I"e func.ions and powers in anywise ~ntrusted by a Court to a ke<eiver. and .ech appoin,",,,"t .hall be m.de by .uch Courl a. an .dmilled equily and a mailer of absolute ,ighl 10 .aid MORTGA,GEE, and withouI reference 10 Ih.. adeqvacy or inadeqvacy 01 the value 01 Ihe prope,Iy morTgaged 0' 10 Ihe lolvency 0' insolvency of '"id MORTGAGOR or Ihe de~end.n". .nd Ihal .uch r..nlS. profilS. incom.., inue. and- r~wnue. shill be .pplied by IVch Recei...er acco,ding '0 Ih. lien cr equily of laid MORTGAGEE and the prac'ic3 of .uch Court. 8. To duly, pro"'pfly and fully perform. disch..ge, execute. ..He<1. complele. comply with and abide by each .nd eVer( ,he .,ipul.lionl. agreeme"", conditions and co~en~nts in said promiHory note and this mortgage ,et forth. 9. Tha' in I~e evenl Ihe ownetlhip of Ihe mO'Igaged premi..., or Iny pa,' Ihereof. becomel V..led in e person olhe, li....n the MORTGAGOR. Ihe ,a.-,ORTGAGlE. its sucCt"sso~s and l!ssigns, may, without n')tice !o "he ".-.ORTGAOR, deal with luch successor or succeuor in interest with reference to this mo~t9(>ge and lhe cl..1.;, hert-by secured in the- same manner at with Mortgagor with()ut in Iny way vitiating 0( d;tcharging the Mor~g39on' Iil!bility here- undt'r cr upon I~e debl hereb; securt'd. No .a!e of Ihe pr~mi.e. hereby mortgaged and no forbearlnce on the parI of ,he MORTGAGEE or I" .vccellon or ...;gr., and no e"ension of Ihe lime lor Ihe paymenl of Ihe debl hereby secured given by lhe MORTGAGEE 0' ils .ucceuou Of" anignl. Ihall operal. 10 release. d,lCharge, mo<:My chlnge or affecl Ihe origiMI liabilily of Ih. MORTGAGOR herein. eilhe, In whole or ir. pa,t. 10. It i, .pecifir.lly agreeC:: Ihal lime i. 01 Ihe enonce of Ihi. conl,oct and Ihal no wai'ier of any obligation h..reunde, 0' of lhe obligalion Ie- cured hereby shail al any li",e Iherealter be held'lo be a waiver of Ihe lerms her....,f 0' 01 lhe in,t,umenl lecured herby. t:~ '.',ITi'iESS WHEREOF, the "d .....ORTGAGOR has hereunlo .., hi. hand .nd seal Ih. day and yeer firs' alorellld. S'gned. Selled .nd delivered in Ihe p,e.enc. of: ~-/ Jt~ti'~ -~ I /. I ~,----; ". "\- _ /"'2 ~ " _ ~ ~..!/ # ,_<<.!' (Sean !f:tJ~'~ (Se.1) (s"all (Seal) STATE OF flORIDA '-',"~r.t T,'.1C~,(> 5$, COUNTY OF Rohprt LArk~ns a"d B-efor~ me pe-rsonally appeared L9rkins :: (> } en -;nc~rson hil wile. 10 me well known ,."<' ..r.own '0 me 10 be And acknowledged befo,e m. Ihat lhey execuled ,h. tarn. for Ihe pu'pe... 'fplpYl P.",~prS()n Ir>r1r~ ns the individv.!. described in .nd who execuled the foregoing inll,u",enl. therein expreued. And Ihe lair! ~0>.p~t. fr>r1r-j ns upon II separate and prlvat. lhe execuled .aid in. !rumen! freely .nd ~olun- ",ile of Ihe ..id _,_, f'xa!'n.naficn bl me take-' Jeparate Ind apart frOM her I."'y and w,lhool an; cOfnpui.ion. con.trainl. appre~6~J. ", WITNE5S my hind and offici.1 le.1 Ihi. 0L fe.. (,/ A.0.19_ Larg. Retu,n To; First Feder.1 Savings & Loan AllOCi"i"n Of Fu" PINCe'. Fort Pie-ree. Florida Io4.ded 11 A""..,;".... ; 'f. G (.II,a.." Co. ., ... ry"~ q. ,'0 oJ ....... FILED MID HECO?,OED IN t1~~(__~]QJi ~ 195\ APR' 7 ni" 9: 5 , -"" : . """ ;' " 'J'~ I.r? y " .,' . \'.: ~ ' ..... '-- '" I - / . .... :.. " \. " .') 'J :: \.. \ J .,... ~... . - . ~ , -, ~... '( r\UUL-I\ 1 v.a .....'\,./. ,;Lt. \ ST. LUCIE COUNTY. FLUrdtU ~, " .. ..' ,,'" ""..... .... ~ - .' r , " .,. \ ~f4 1,32 ; I i - e ~ ,;