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HomeMy WebLinkAbout2555 Q.R: ~Q:~ 8 3dl 3. To pl.c. and con'inuoully .....p on the l;,,'ldlr\gs now Of' he,"".. ~~I. on ..10 Ilnd end on .11 ~qul!)l"'O'" .nd penonally coverotd by ,..II mort\t" eg., wilh .11 premiv",1 Ihereoo paid In full, fl,. Inlutlnce In ,he ulu.l I,endord pol!cy fOf"m, In . IVfl\ .woved by .... MOfllGAGEE. .nd wlndltorm insv,.nce in lhe u.ual "end.,d policy form, In . IV'" epp<OVed by .... MORTGAGEE, In luch cornpeny or c~nlet .. lhe MORTGAGEE mey dirK'; .nd .11 fire Ind windolor". inluronc. pol;ciel on eny of ..Id build'ngl, .ny Inlet.1I ,"".In or ~rt lher."f, In .... egllregate lum llorHald 0'" in .H." Ihereol, Ihall conlain Ihe usual IIlnd..d mortlll9" d.u.. Of" Ivch other c1ev.. II the Mortll&9l. may require, maklr\g lhe lOll vrw:Ier 'aid poll- ciet. eAch Ind e~"y, p'~ Ible to ..id MORTGAC,EE as in Inter&'I1 m.y Ippee', .nd ..ch .nd .~.ry Ivch policy Ihall be promplly .u~ned .nd delivered '0 '~Y ".'d by lold MORTG....GEE a. lu"he, ..'cu.iry 10 uid ""'''g1ge debt, and, nol Ifll then I.n (10) daY' In aa..nce of the e.pinlion of e.ch policy, '0 cJ.- !;~". tn ..,d MORTGAGEE I r_wal Ihered, logellwr w:,h . 'lCeipl for ,he premium of such renew. I; and lhe,. lhell be no fire or wlndltorm Inav,.nc. placed on Iny 01 ..id building., .ny inrerut Iherein Of p.rl the,eof, unla.. In the for." en-d wi'h ,he Iou ~y.bl. .. eiornaid; and in lhe event .ny lu'" 01 m~y becomes paYlbt. under Ivch policy Of polici.. uid MORTGAGEE lhall hi'" lhe oplion to rlCei~. .nd apply the lam. on eccounl of ,he IncMbleO- ne.. lecvred hereby 0' 10 ~'mi: \aid MORTGAG01lS 10 rec"i~. and ute I' Of" .ny p'" lhereol IN other purpooet, wi.hovt 'hereby .....;,i"9 or impair. i"9 any '"'luily, lien or righ' und., m by ~ir":e of Ihil mortgage; ~nd in lhe .v.nl Slid MORTGAGORS sh.1I lOt .ny realOn hil '0 k...p ttwo ..id premI.u 10 insured, or hil 10 deliv.. p'Of"l\Plly any 01 lIid pol~i.. 01 inlvr.nc. '0 ..id MORTGAGEE, or fail promplly to p,y f..lly any premium lherebr or. In any rei pac' hil '0 perfo<m, dilch,'ge, execute, effect, complet., comply wilh end .bide by Ihi. co~en.nt, or .ny p.rt hereof, laid M01HGAGEE may plac. end pay fOt Ivch inlur.nca 0' any part lhe,lOOf wilhout wllvlng Of" .Hect,ng any option. li.n, equily, 0' ,ighl unde, or by vlrt..H of thl. Mor'91ll" Ind the f,.1I .mounl 01 'ACh Ind .~ery .uch paym.nl .!>all be invnedl"~ly due .nd pey.ble .nd Ih.1I be.. In,...., f,Of"l\ ,he d.t. t~eof unln paid .t Ih. ..te of nine per cen'um ~r annum .nd loge,her wi'h h,ch inll,e.t Ihlll be IlCured by "" lien of thil mortg19', 4. To ~rmit, commil or luHer no w"'e, Im~i'men' or c1eter,oulion of ..Id p,t'perty or .ny ~rt the,ecf. S. To pay ell .nd lingul.. ,ho cosh, chargn and expan"l, Including. re..on.bl. Iltorr.ey's f.... Ind cos's of ebstractl of 'itlo, Incurred or paid al any timo by .Iid Mo~rGAGEE, becau.. or In lhe o".nt of the hilvre on ,he part 01 lhe ..id :AORTGAGOR to duly, promp,ly .nd fu:ty ~rform, disch..go. uecvle, effecl, complere, comply Will, .nd Ibide by e.ch .nd .very ,he .lipulo'ionl, "9,..m'nl1. corlditions, end covenanls e>f \!lid promiuo,y nol. .nd thlt mortglge Iny 0' eilher, and ..id COil., charget .nd ex~ns.., eAch and ev.,y, lhell be immedi.tely du. and ~y.bl.; whe'he, Of" no' lhere be notice d. mind, attempl to collect 0' luil ~nd,ng; .nd lhe full amount of each and .very .vch p.ymenl Ih.1I bear in'eresl from lhe dale Ihereof until paid., lhe rare 01 none per e<nlum per annum; and all Slid COlli, charg.. and .xpensel incurred 0' ~id, tog'l"" wilh lu~h ;nleresl, lhall be IICVred by the lien of Ihls rnor'gage. 6. Thll (a) in ,I-e even' 01 eny breach of thi, ....'0"gI9. 0' dei.ull on ,he part of Iho MORTGAGOR, or (b) in the even' .ny of lIid Iuml of money her.in rele"..J ;.:; be nol promptly and fully paid wl,hln 'hirly' (30) dil'l MX' .he, the lame Itve..lly become due Ind ,,"y.ble, withoul demand cr no'ic., or (cl in Ihe e..nl each .nd every Ihe ,'ipulalionl, ag,.....enll, condilionl .nd co~eMn" 01 ..id promluory nole a"<l Ihil mortgage .ny Of" .i'he, .... roOt ivly, promPI:y and lully performed, d..charged, .xeculed, effecled, completed, complied wilh and Ibided 'oy, It,en In eilher 0' any luch .vent Ih. ..:d ag- gregate> sum mentioned in laid promissory note the-n re-maining unp4id. with Interest accrued, and all money' se-cured hereby, ,"'all become due and pa.,... able forthwilh, or Ihereafter, al the option of ..id MORTGAGEE, al fully and completely .. il .11 of 'he Slid 'ums of money were originally I'ipul,'ed t') be p,,:d on 'lTcn dt.y, ~nything in said ~romiuory note or in this Mortgag~ to the contrary notwithstanding; and thereu~n or therea~'er It the option of "id MORTGAGEE, ",.thout nOl,ce or demand, suil al Ilw or in "Guity, therefore 0' Ihereafter begun, may be pro.eculed .. if all moneYI secu,ed hereby had maturt.'d F'rior to its institution. 7. That in I~e event th.", at the beginning of or at any time pending any IU:' upon this Mortgage!. or to foredose it, or to reform it, or to enforce payment of .ny c!.im. hereunder, ..id MORTGAGEE .h.!1 apply 10 'he Cou" having juri.diction Ihereof 10' ,he appointment 01 a Receiver, .uch Courl .hall forthWITh dF~"oinT a receiver of SJid mcrtgaged p;-operty all and singular, including all and singular the incom~, profits, issues and re'ienves from whatever 50UrCe d.o'i.c<.l. cach and every of wh'ch. ,I being exp,enly under.tood, is hereby mor';lged II if lpecilically ..I lorlh and deSCribed in lhe granling and h.Jbendurr. C!d'~'se~ hereol, and such Recei....er shall have all the broad and effective functions and powers in anywise entrusted by a Court to a Receiver, and such appollltrne' l~ shall be made by such Court as an admitted eqvity and a matte" of absolutf' right" to said MORTGAGEE, and without reference to the adequacy or InadcQuacy 0; the vl'lue of the property mortgaged or to the so!ven<y Or insolvency of said MOR1"G.A.GOR c-!' ~he de~e:'"':d~~!=., :nd !h~! :uch ren.., pro!.", income, i..ue. and- revenue. .hlll be applied by .uch Receiver Icco,ding 10 Ihe lien 0' equill 01 uid MORTGAGEE and the practice of luch Court. 8. To dull, prompllv and fully perform, di!Charg", execute, effect, complele, c"'''ply with and abide by elch and every ,he ,'ipulalion., .g,eemtntl, conditions and co-venanh in said promissory note and this mortgage set forth. 9. 1 hol in Ihe e~enl the ownet!hip of ,he mortglged premi.o, or .ny p"'t the'eol, be<omel vetted in a perlOn olhe, than Ihe MORTGAGOR, ,he !\',ORTGA,GEE, i!s successors and a~si9ns, may, without notice to the N-.ORTGAOR, deal with such success.or or successor in interest with refere~':e to this mO"'gage and the de+.' hereby secured in the same manner as with Mortgagor without in any way vitiating or dilCharging the Mortgagors' liability her. under cr u~:on 'he d.:-b! hereby secured. No sale of the prem;ses hereby mortgaged end no forbearance on the part of the MORTGAGEE or iis successors or ...iqn. and no exton.ion 01 .he I,me for Ihe paymenl of Ihe del;,I hereby ."cured given by the MORTGAGFE 0' ih succeUOt! or auign., shall ope,.t. '0 rek~.e, d..ch.rge, moo,ly chlnge 0' affecl the original Iiabilily of Ihe MORTGAGOR herein, eiTher in whol. 0' in part. 10. It i. .pecifically agr"ecl thll lime is of Ihe e..enee of Ihi. con,,.cl and lhl' no wai~er of eny obligalion hereunder 0' 01 Ihe obligllion se- cured heT(.b'f shall al any time IhereafTer be held'Io be a waiver 01 ,he lerrm hereof or of the instrument secured herby. I;~ \,11:,,[55 ',';HEREOF, the .,,;<.1 MORTGAGOR ha. hereun.o .el hi. hand and leal Ih. day Ind year firsl aloreuid. Sl{l.ned, Sealed and d".4Y.er~~ in the p,,,.ence of: -4~L~~'tt ~ ._.~ _~/1iL) ~?-.;'Q // _7 I. '" ~:, H-d-t t tfl ~,. e~ ,xc. lice (Seal) , ~~J... (Se.I) J1( (Seal) (Seal) COUNTY Of ~Tlf- T,...."~p. ~ I 55. STAlE OF FLORIDA c.'rl..,.,nnri i".~ 'i~~1r~ and Before me personally appeared ----.. . Jf'")1"'"'l'l S :! '-i "-1: ~.. hil wife, to me well known .nd known '0 me '0 be the individu.l. de.cribed in and who exe:uled ,he foregoing in.trument, and .cknow'edged befOle me ,ha' 'hey exeCV1ed Ihe ..me fM ..... ourpOSeS n..,..... ~ ~ ~1 .) .,i11.rP therein e.prened. And Ihe ui.-i wife of Ihe .aid '''ri'''''lY1i1 " .;'., -'11"'0 upon a sepa'ale and p"....,e exominltion bl me laken ..,parote and aparl Iro"., her laid hu.band, acknowledged 10 .nd belore me ,h.t she execvled laid in,'rurn.nt Ireely and volun- larlll and ,,,,,,houl any compul.ion, con..",nl, eppreh/e;s;:,";_/r fear Ofd,Oy' Off rom her ..id h~'~~ _ . O. 19~ WIlNE55 my !-and end officii I seal Ihil - / ,~- _ t [/ " Not,ry p.JJ/i<, Iale oi Florid. ,t L,rqe My Commission Expires Jan, 24, 1'64 B.c",d.d I, A~.,..c... fin , C.s...,. Co. Return To: Fi,,' Federol Sa~ingl & lOin Anocillion Of Fort Pierce. Fort Pierce, Florida '/1,.6 94.~,~15 FILEO ~Np RECOROEO IN #~~:~! .:-j;aDO' \9bi .. nPR \ 7 PM 2: 49 '-;' 'f . 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