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HomeMy WebLinkAbout1674~boic 27 ~~274 ~. To plea and cattitwsouslY kattp on rite brtldittge now oe haroafbr altsrete on aid land and on aN equipnrnt and parsondh cowed by flue matg• age. wNh all pramktma thereon paid h lull, fka Mtettrttttoe M IIr usual pardard polky fanb M • aura approved by Ile MORTGAGEE. and wietdatam Mwwaeta h rite usual etaewlard policy loan, M • etsrw approved by the MORTGAGEE, M such coenpanty o: companlp p fM MORTGAGEE may direct; and all fin and w'tndetorwt Inwanq polkMe on any d aW buildwtgs, arty hbnN Mrreln a part thereof. in tM aggrpab wm •/aepid a h excep thereof, shell contain the usual standard mortgagee dews a each shoe datsp p tM Mortgagee may retain, etrkMtg ~ loss under tiaid p~i• ciea, each and awry. payable b aid MORTGAGEE as its btareet cosy ePpaar. and each and awry sud- policy shall be prompty uaigned and delivered to any MW by acid MORTGAGEE as fwtlrr settrrity M Mb mappe deb. and rsot lap then tan ()~ days M advance of tM expiration of Nch policy. ro de• liver ro.pid MORTGAGEE a renewal thereof, topethM with a tectipl for the pemium of sudt rersev+al; and tM.e shall be no fire a wirdatam Inurance plead on say of seta bvildiegb any intoner thereto a part Nweof, trslaes In tM faro and wNh tM loos payable u afaepWr and M tM went any awns of matey becana payable under such pdky a policMs aid MORTGAGEE serail haw rite option ro roniw and apply tM acme on eecount of tM indebted- erp secured Irreby a b permit aid MORTGAGORS ro reoeM and t-ee M w wry tart thereof fa orMr purpops, without thereby waiving or impale !rep eny equity, Beet a right ardor a by v4hte d this tttortgpq and N the event saMl MORTGAGORS stole fa arty reason fall ro keep tM aid premise ao levered, a fail ro deliver promptly eny of pld policies of IeMwanea ro said MORTGAGEE, a fail promptly ro pay fully eery premium therefor a In ~y reaped felt b pedant, discharge, axecule, aHed, campbN, corttplY wHh and abide by tlJs covenant. a any part hereof, aid MORTGAGEE may place and pay to such Inswance a any parl_ thereof without wahrlrtp a afftKting any option, Ilan. equity, a rght under a by vlrttre of fhb Mortgage, end tM full amount of each sew! awry atreh payment ahaU be Mrtrrrdlately dw and P+Yab1e attd shell bear Interut from tM date thereof until paid at tM nab of nice per centum per arwwm and togetMr work :vch inbrMt atoll be Ncwed by tote lien of thle mortgage. !. To peresM, eanmH.a at-ffer tto wale. knps4ettent a doterloration of put property a any part thereof. 3. To pay ell and singular tM cats, dtargas and expeetaes, Mw:(vdMtp a twsorrbla attorney's fN and eoaM of ebt.aeM of title, Inewred a paid at arty bate by aid MORTGAGEE. becaup a in tM evettf of rite hilun os rite tort of 1M said MORTGAGOR ro duly. promptly end fully pedam, dlachargA execute. effete. compNb, comply with and abide by each and every tM etlprnlatiar, agreernenn, trottditiota, and covenants of aid promissory note ied Chit ~ eetortgaga any a either. and aid ewes, dtarpea and experuee, oath and every, serail ba ktwrrtRately dw and payabler whether a not tltve be notiq dr mend, attempt to coiled a suit pertdingr and the firll amount of each and every eudt payment serail bear inrerut from the dab thereof until paid at tM me of nine per centwn per artnwn; and all aid costs, dtargu and expenses tnprr-ed a geld, together with such Mtentt, shall 6e sacwed by tM lien of feria mortgage. 6. TMt (a) in the event of eery breach of fhb Mortgege a defauh on ter part of tM MORTGAGOR, a (b) in tM event any of said awns of stoney herein referred to be not promptly and fully paid within thMty (~0) days next afbr rite same pvardly become due aed payable. without demand a noYta, a (d in tM event each and every Nte stipulatirwte, agreements, oonditia-s and covenants of said promissory more and this mortgage any a either an not _ fuly, promptly and fully pedamed, discharged, txecuted eHeded completed, complied with and abided by, tern in either a any such event the~pid p gregate sum mentiorttd in acid promissory note then remainieg ve-Dab, with interest sKCrtred, and all moneys atctxed hereby. shall becosr dw and pap able forthwith, a thereaftr, at the option of said MORTGAGEE, a fully and corrtplebly u if all of 1M a.rd sums of stoney wen aginally stipulated to ba paid on such a.y, anything in said promissory nob a h fhb Mortgage to the contrary notwithstrutdirtg• and thereupon a thereaher at the option of said MQltiGAGEE, without nonce or davnard, suit a1 law a in equity, thenfon a 1herNfter begun, may be prosecuted as if all moneys sKUrad hereby had matured aria to its institution. 7. That in the event that at the beginning of a at any time pending any suit upon this Mortgage, a to foreclose it, a to reform it, w tq enforu payment of any claims herwnder, said MORTGAGEE shall apply to the Court having lterisdidiOn tlrreof fa the arpopitais.tiswes andRnvenuesafrom whatever forthwith appoint a rKeiver of acid mortgaged property dl and singular, Includwg ail and singular the Income, p source derived, each and every of which, it being expressly urderatood, b hereby mortgaged as if specifically sat forth and described in rite granting and habendum chases hereof, and such RKeiver stole haw all t)te brwd and effadive functions and power In +nywise antrus-ed by a Court to a RKeiver, and such appointment shall be made by ouch Court as an admired equity and • matter of absolute right ro said MORTGAGEE, and without reference to tM adequacy or inadequacy of the valve of the property mortgaged a to the solvency a insolvency of aid MORTGAGOR a the defendants, and that sr~ch rents, profits, incase, issues srwl• revamp eMll be applbd by ouch Reuiver eccordug to tM lien a equity of aid MORTGAGEE and the practice of such Court. 8. io duly, promptly and fully perform, discharge, exenAa, effect. complete, tornply with and abide by each and every 1M stipvlaYtona, agreements. condition and covenants in seta promissory sae and this mortgage set forth. 9. that in rite eawM tM ownership of the mortgaged premises, a any part thereof, bKOmes vested in a pe-son other than the MORTGAGOR, tM MORTGAGEE, Hs successor and assign, may, without notiq b the MORTGAOR, deal with such successor a successor in interest with reference to thin mortgage and the debt hereby secwed in the same manner as with Mortgagor without h any way vitiating a discharging the Mortgagori liability here- under or upon the debt hereby aecwed. No sale of the premises hereby mortgaged and rto forbearance on the part of the MORTGAGEE or its successor a assigns and no extensiat of the time for tM pa; meet of the debt hereby secured given by the MORTGAGEE a its suaessora a assign, shall operab ro rekase, discharge, modify charge a affect tM original liability of tM MORTGAGOR herein, either in whole a in part. 10. It b specifically agreed that time b of the essence of thb eorttrad and that rto waiver of eery obligation hereunder a of tM obligation se- cured hereby shall at any tin. thereafter be beta ro be a waiver of tM forme hereof or of ter intrumaetf secwed herby IN Y/ITNESS WHEREOF, the said MCMtTGAGOR Ms hereunto pt hie Mrd and pal the d+Y acrd year at aforesaed• ~Sfgned, Sealed and deli red In rite presence of: (Sean e ~ n tSean K--n STATE OF FLORIDA Saint Lucie ~- - COUNTY OF Rollin W Tedder .red fle(ae m. personally appeared ~1 O i a e H Tedder hb wife, to ma well known .red known ro m. to ba rite individuab deanibed N and who exaabd ter faegMpp fnlrtatserN, and adtttowledped before ttr that N•Y exeaned ter sane fa tM pwpwu th.r.ln expnstad. And dte eel ~;lo i S e H T 9 dd e r wife of tM aid R of l in W T e d d 9 r _ ~ tnpoet + separate and prrvNe exarninaYton by m• taken separab and apart frorw her MN lwre~d• ~ ro and before tt-a that she executed said irrtrrrertent freely end vokrn- tardy and wiNrut arty eanpubbet, rxtntraint, apprelrnrir)Ntr afear of a free bar aid htssbartd. , ,.,e,. WITNESS trry hard and offkial teal rites ~~ ~ day of •u ~ p • T9 • 9 ~. '.. Ptrblk N and Steq • ids aft ~fte. `:ter Kahane Tor ~ . _,. ~'. First hderal sving. i Loan Maodatien Ibt PilhSt, Ss-t^ ct Flkfi~a =at'~aF¢ Of fo.t Pierce. ~ S1GU :::rsP:s ~![. i. ~~ , , p>''~ . Fort Pieroe, Florida 1a+roe fr. A..r:ra. iw i Over ~r L ' ~-- _ .~ .... '•t ~- 101'75 ~ :: •.: `•~~'' a r. ,,, t~ •aM' i,•~Z~ y ~`:~; ~t.'.~: ~~ :fit ~ ~ ~ ~ ~- ~ r • - f.:~ LdC :~ t ~... f V/NMt~rt. ~ f - ---_ - .~--===_--~~.