Loading...
HomeMy WebLinkAbout2557 ,A.~.~..:il.".._..." ......'-...._.....~.=.. ~.-........, ;.._. n.R, ~'J~ ~ 8 3ti'j 3. To plac. .nd conlirovO\dy k..p on lhe building. now Of" he,nfter tllV.te on r..1-.l I."d .nd on .11 '"'lul~nl .nd penonally _ed by thl. rnorl9- . i'ge, w:t~ .!I premium. ther.on p.id in lull, fire Insur.nc. in the ulv.1 .t....o.,d polky form, In . IvM .ppro~ed t>y lhe MOIlluAuH, ;"4 w'nebtorm I inlvr.nc" In the u,uII .lInd.,d 1>'OIicy form, In . IU," .pproved by the MORTGAGEE, In Ivclt comp.ny or com~/\Ieo .. ,he MOIlTGAGEf m.y direct; .nd .11 lire erd w;ndstorr.. Inlutlnc. polki.. on .ny 01 ..Id bulldi"'ill, .ny Int"..1 th....ln 0' ~r' ,hereof, In the --.xl'ag.t. IvM .Ior...ld or In .xc..s th~reof, .h.II con:.in tne usu.1 lI.ndlrd mortgag.. c1.u.. or .veh otlwtr c1.va. .. th. MortgAgH m.y r.quire, ",.klng the Iou undar Hid poll- ci.., lOch and ...ery, p'Ylbla to ";0 MOR~GAGEE .. itl Int....t m.y ap~.', .nd .ech .nd .~..y wch pcl~y Ih.1I be promplly .uigned .nd d.livered to .ny held by ..,d MORTGAGEE .. fu,'her secu,ity to ..id mortglg. debl, .nd, no' I... Ih.n I.n (10) d.Y' j" ..:lv.nee of the .xpl,erion 01 nch policy, 10 ck- liver to I!id MORTGAGEE. r.new&i ther.t>f~ tog.'~1 with II rKf'lp' for tM pr.mivm of 'L~h '~f'\.w.l; ~ INr. ,h,,1I be no fir. 0' winr!1to..m il'\tU!'ancae pl.ced on .ny 01 ..id bu;lding., any inte'e,' Ihe,ein Of" p.rt Ihereol, unl... In ,n. fo,m .nd wilh lhe 1011 p.y.bl. .. .Ior....ld; and In ,he .venl any lurn 01 money become. paYlble under such policy or polici.. ...id MORTGAGEE sh.1I Mv. the option 10 'ecei~. And .pply the lime on .ccounl 01 lhe Indebted- nes" iKured her~by Of 10 pe-tmi' 1ltuJ MORTGAGORS ." rKei',:e and UI. it 01 a~.,. par. thefeof for othel ~1J(!'OIe', ......itnevt thereby waiving or i""'pai,... in., tny equ,ly, lien or right under or by ~i"ue 01 Ihil "",..t9og.; .nd In the event ..id MORTGAGORS Ih.1I for .ny ,u""n loll '0 k....p Ih. ..id pr.ml..a 10 inlu .0, or fail to d.liver p'Of"l\plly .ny 01 uid policiel 01 inlurlnce '0 lIid MORTGAGEE. or fail prompt:y '0 p,y lully .ny premium Iherelor Of" in .ny ,e.pec1 loil to perfNm, dilCh.rg~, execul.., .ffecI, complet., comply wilh .nd .bide by Ihil covenanl, Of" .ny part Mrot<>l, ..Id MORTGAGEE m.y place .nd' pay lor .uch in.urance 0' .ny part thereol withovl w.i~ing or .ffecting any option, Ii.n, equily, or ,i'lht under or by ~ir'u. 01 Ihi. Morl,;J.g., .nd lhe full .movnl 01 .~ch .nd .very luch payment Ihall be immedi'lely dve end ~y.bl. .nd Ih.1I bur Inl...., Irom the d.t. lhereof unlil paid ., the ..,. of nine per centum per annum .nd together wilh such interr., Inall be IHured by'.... lten of ,hi, mortgage. .........___ ~. To ~rmit, commit or luffer no Wilt., impei,ment or de,.,ior.,ion of ..id properly or any ~rt the,otOl. 5. To pay .'1 and .ingular ,he ",.,s, charget .nd .xper...., including. ,...onabl. allorneY'1 I... and co.lI of ab.I,.dl of till., Incurred or paid ., any time by lIid MORTGAGEE, t..caus" or In the ..v.nl O' the hilure on the p.rt of ,he lIid MORTGAGOR to duly, p'omptly .nd fully ~rform, diacha,O't uecvle, effect, com~le", comply w,lh Ind ab:d. by each and .very lhe Itipvluionl, agreemenll, corw:!ition.. .nd co~.n.nll c>f I.id promiuory not. and th!1 mortglge .ny 0' eilhar, .nd .aid co"s. charget .nd .xpe",,,. uch .nd .v.ry, lhall be immedi"el)' dv. .nd ~y.bll; wh.,her 0' not Iher. be noliu de- mand, attempt '0 collect 0' luil pending; .rId ,he full amount of ..ch .nd lV.ry luch p.yment .h.1I be., Inl....t from ,he d.'e lhe,evf unlil ~Id ., the 'al" of nine per cenlum p"r .nnum; .nd aii ..id COlli. chl'!;es and upentel incurred or paid, too.ther wilh luch Inl...I', lhall be lICu,td by 'he~ of 'hit morlgag.. 6. Thol (I) in Ihe ",ent 01 .ny breach 01 Ihi. Mor'gage Or defau!1 0/\ ,he ~rt of the MORTGAGOR, or (b) in the .ven' .ny 01 ..Id luml of money herein ,eferred 10 be not promplly Ind fully p.id wilnin Ihirty' (30) days next after lhe ..me ..ver.lly become due and pay.ble, without de"",nd or notic., cr (e) in th~ e....."!'nt each and ever.,. the stipulations, a9ree~nh. condirior.s and covenat\ts of sai~ promissory root. and this mortgage Iny or either .r. not july, promptly and IL'!!y perform"d, d,scharged, ex,",uled, effected, completed, complied with Ind abided 'by, then in eilher Of" .ny .uch evenl the I.id ~ g'C'g3tp sum mentioned in $~id pr0fT1i!5ory no Ie then temaining unpaid. with interest accrued. .nd all moneys secured heteby, shall Mcome due .nd pay- able lorlh....ith. or therealte" al Ihe oplion 01 laid MORTGAGEE, .. fully and comple;.ly .. il all of th.. uid lums of money were or,,,inllly I;ipvlal..o to be f'.id 0n .uch d.y, onything in .a:d p,omi..",y note 0' In Ihi. Mortgage t" the conlrary notwilhstanding; Ind thereupon or Ihereaft", al Ihe opliOf\~ s.!id MORTGAGEE, without nc.tice or demand, luit at taw or in equity, th<refore or thereafter bt-gvn, may be prosecuted as if all money. secured hereby h3d m3furcd rrlOi to its institution. 7. TkH in the event that at the beginning of or at any time pending any suit upon this Mortgage. or to fote-c!o)e it, or to reform it, or to enforce pjymcnt of .)ny claims hNeund~r, sdid ~'lORTGAGEE shall apply to the Cour' having jurisdiction thereof for the appointment of a Receivet, luch Court Sh41l forthwith a;.;~,o:nt ., receiver of s,lid mortgaged property all and singular, includ.ng all and singular the income. profits. issue, and revenu~s from whate'w'er 5':)Ur{!' d(>~j..cJ, t.'ac,", and every of ......h,ch. if beinfl expressly understood, is hereby mortgaged as if specifically set forth and described in ,he granting and h..]b~ndum c1clUSe-S hcreo', and st.,'en Receiver ~hall have all the broad and effe<tive functions and pO'Ners in anywise entrusted by I Court to a Receiver~ and .cch appo;n.me,,' ,h.1I be .....ode by .o.Ich Court as an admitted equily and a mailer 01 ab.olute r;ghl '0 .aid MORTGAGEE, Ind ....ilhoul relerence 10' the adequacy or inadequocf 01 the ~alue of the property mortg.ged or to tha lo!vency 0' imol'J"ncy 01 lIid MORTGAGOR or ,he defend.n.., and Ihal such rents. prohl!, incorr.e, inuel an& re,'enu.. .hall be applied by .uch Rec.iver a<cording to Ihe lien 0<" equity of ..id MORTGAGEE and the p,oClice 01 such Court. 8. To d"J (, prom pill' and fully perlorm, discharg., execute, elfec', complete, comply wilh and abide by each Ind every lhe lIipulltionl, '9reementl, conditions and covcn3n!s in said promiss-ory note aflld this m()rtgage set forth. 9. Thol in the evenl Ihe ownership of Ihe mo,tgaged premi..., 0' any parI thereof, becomes v,,'ed in a person olhe, than Ir.e MORTGAGOR, the MORTGAGE.E, iTS 'Successors ar.d ass:gns, may.. without fY)tice to the M0RTGAOP., deal with such succe"o~ or successor in interest with reference to this morf9dge and the d,_'bt he-reb)' secured in the same manner l:S with M:Htgagor without in any way ..,itiating or discharging the Mortgagors' liability here- undt."'r or upon th~ d~_.bt hereby secured. No s31e of the J:-rex,ises hereby mortgaged and no forbe~ranc~ on the part of the MORTGAGEE e>f it! SuCCeHorl or a~~ians and no extension of the time for the payment of the debt hereby Ie-cured given by the MORTGAGEE or its SVcc.et,or, Of essigns, shall op:>eratl! to rele~.e, d,,,harge, rr.o<j,!'( change 0' affect the original liability 01 the MORTGAGOR he'ein, eithe, in whole or in par'. 10. It i. specific.lly agreed thai time is of Ihe essence 01 thi. cont,act and Ihat no waiver of .ny obligation he,,,under 0' of the obligation ..... cured hereby shall eI any time thereafter be held' to be a waiver 01 the I",,,,. hereof 0' 01 I:,e instrumenl secured herby. I:.. \'.IT:-';[$$ \'.H[~EOF. the Bid MORTGAGOR has ~ned, Sealed and d~';vered in Ihe pre.encc of: ~CL;J!2-~~-- /:. . -~~7 L/ , -----21,-' '. ~'L/..JJ {~_ he'euntc let his hand Ind ."al the day and y".r fitll Iforeuid. ,;!~ { l ~.;,' ~ a- {['t a It (! / (Seal) (S..I) (Seol) (Sell) STATE OF FLORIDA C', " -t 'rl ~ r..,,,; ~ $S. COUNTY OF ~ .,." ~ 0 rn.: Spro~ (' T p..'~ s ......- Belore me I""onally appeared hi. wi!e, to m. well known .nd known 10 "'" 10 be the inc'i~idu.~ de.crihed in .nd wh" execuled the foregoing in.',um"nt, and acknowledged belor. me thll~ executed lhe lam" fo, the pu'poses ~"f, therein expressed. ,t..",J II...... ...: J .....rfe. -of-~~ "'It... . IT'u,.. JAil ,ar 'Ihl- ......-.-......-.., by ~. .,L.,_ 'ff?...rl'. .~d IF'''' fr~" "If tl;~ ~ 1ku-1I. AikAI ~lIi!.t.t .. lilt" ~.f.1'1 IIRI ,kat .". 1..1' t.~ 'IMI iJulnslAUJllt frill, IAa ,I ~ taril, 6P'1-~ n.tt\6t.' 6', l6 ~...I.l'6." c&nUfaiPLt, ':'rp,. Lk_fi 1-4Pl, ,r fl~f sf ar fro", ...., Iii" ~"'....,.. ..'., ' C.,LJ.-uL .,.... , ... ~: '19-.fi.L /;Wl- /J?? ~YA~ -;:........ . . Not.ry ~blic 'i~~nd'for '~State -dfJlorid~.a~.L.rge ". -;, My Commi"ion expi,ea: r:..... 1 d ., . . . '.~. " ".'.t., ~'-'~:C"-~...,.1- ~ ta..,t hCtJry,C...;..i,..-.lltt....:.'.......... ~ . t.~'f (C[L:,l:SS;C:j t:...,[C~ J,:t. 4. }9M- :" ...~td h ~ r~" ......:..r'9; ..' ('-, :: ". ;>;::.;;::~::"<~...?/. WITNESS my hand .nd official lul ,hiL. / 1....r/i day of Return To: Firsl federal Sa~in9s & Loan Of Fori Pierce. fort Pierce, Florid. Association ~).1 ~'.1 G f\LEO M,m RECOROEO IN #~<~: ~:/~~:::::SOO'. \9G\ f\?R \ 7 PM 2: SO ~.~ .' " t"" ."\1 ~...v n 0 ~""'f""\ , . ,1 , \1 GL~U~~ rC\QU~'it f lO~lci t $1. ...' , ...-. ~l.l ~.~ 1 G 01 -- -