HomeMy WebLinkAbout2177~;K ~$ ~ 46
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S. To place and corttintwttsh Map ~ ~ ~~tM tttrw « Itenafter Wuese as veld land std on eN aquipaent and personally covered by !Iris rrtortg•
age, wMh aQ premiums thueon paid M 1u11r fln ktetattvtce in IIM steual atatdud polity forttb M • sum approved by tIN MORTGAGEE, and' winds!«m
inswana M the arty! Mandan! polky last, N • eww tlpprared r'1/ 1M MORTGAGEE. M trxh oer~pwty a oompanNs w tlta MORTGAGEE stray
dMectr and all fMe and windNorm YtMrtanq tteUcNe aw any d sent! bttlldirtg~ any MMaaet therein a pert tltereo/r N tM aggrepeN start eforewid a
M excNS thanof, else!! contain 1M uatul pandwd malgpN tletrea a wch alter tIMMe N 11N Malgagee rt-ay require. makktg tM IoM wdM saW polls
rive, each and every. payable ro said MORTGAGEE w Ns Mtletess tA+Y appea, and each end every rush polkY sheN be promptly awigMd and daliwred b
~ toe amid MORTGAGEE ~fetterv~iltthttnof, looether wttlt •• na1p1 for flte preetittat d cud. (Irertetwa4 attd these else!! beero fin vvMdstam M+.wanos
plead on say of wW bytklittps, any IntereM IhMeMt a pert Ntereelr trttlaM In the fatty end wkh tM low payabkt as aforawldr and M tlta event arty sum
of trtoMy bec«nes payable wrier sud- policy a pdit3es aid MORTGAGEE eMN have tlta opfktn ro recalve and apply 1M sense on aocotrrtt of tM indebted
tress wowed Mreby a b permit wtd MORTGAGORS t0 reoelve and use M a any peA thereof for Wltar purposes, withow thereby waiving « impab-
InR any equity, lien « right under a by vlrtw d Iltls tttortpegb and M rite event cent! MORTGAGORS shat fa any rwson faN b keep tM saW premNes w
Insured. a fail ro delhra promptly artlr of wld polkNa of Itrwerta to saW MORTGAGEE, a fell prpnptly ro P.y fully artlr premium tharefa a In arty
respect fall ro perform, disdtarge, execute. effect. cotnplMe, comply wMh and abide by tltie coverteett, a any part hereof, Bald MORTGAGEE tMY PI+a and
fait!! amount of~'iaclt and awry w~clt payment shell be'NYanwdletah rive end payable and 1'lubea k ~iq from tM N thereof wnN p~ aptg'~end t~
nIM per cenlum per arrwn+ and together With wch Mitereat shall be aecwed by the RM d nth atortgaga.
L- io permit. oommlt a suffer no ware. kapairniaM a deNrt«atlon of Bald praPaty a any Part tlisnof.
S. To pay all and singular .r:. costs, dsatges and expetwb MKhrdMtg • nwonabM atbrney'a fee and can of absaacM of tHle, kictxrd « paid al
any time by aid MORTGAGEE, becawe « N tM event of the taihrn on the part of the aid MORTGAGOR ro duly, promptly and sully Paf«m, dlsd+aror-
execu». effect. complete, comply with and abide by cacti and every tM stipulations, agreements. conditions, and oovenanb of aid promissory note and tl+b
m«tgage .ny a either. and said costs. dtarges and .xPenwa, acts wd every, shall a Mtrtmdl+ ~0~'bear'~In~t'~'thom~the~deN t a~retof~iwaU pa d~+t t~M
mend, attempt to cdktct « suit perdirigl and tlw full amount of each and every each payment
rate of niM per centum per anrwmr and all aid costs, chugs and expenses Irioiwred a paid, togetMr vrNh twch Mterest, else!! be aeatrd by tM lien of thN
m«tgage.
~{at (a) in tM went of any beach of thh Mortgages a defwh on tlr pvf of the MORTGAGOR. « (b) p- tM event any of aid aunu of molly
herein referred ro M not promptly and fully paid within thirty (~O) days Mxt efts tM same severdly decant rive and payable, without demand a ratite,
« (d in tM event exh and every the stipulatiora agteMtienri, cotiditkaris and oover-anfs of aid promissory rota and this mortgage any a either sn rat
iuly, promptly and fulh perf«med, discharged, execwed, eHetted. completed, coatplied with and abided ~1r, then in eitMr « any such event tM said erg
gregue wm mentioned to said promissory rota then remaining unpdd, with k-tereat accrued, and all moneys sat:ured hereby. s1ia11 baoonie rive and pay
able forthwith, « thereafter, a the option of said MORTGAGEE, as sully and WrtipleMly as M all of the said sums of molly wen «igiMlh stipulated
to be paid on such day. anything in said promissory note « in !Iris Mortgage ro tM contrary raMrithstardirpt and thereupon <x thereafter at tM option of
said MORTGAGEE, without notice « demand, suit at law « in equity, tlterefon « thereafter begun, may be prosecuted as if dl nwrtefrs secured hereby
had matured pri« to its institution.
7. TMt in the event that at the beginn:rg of « at any time PeAdiAD any wit upon this Mortgage, « to f«aclose ib « ro reform it, « to enf«a
payment of any claims herwnder, said MORTGAGEE shall apply to the Court Mving jurisdiction thereof f« the appointment of a ReceNer, wch Court shall
f«thwith appoint a receiver of said m«tgaged property all and akpvlu, including all and singular the income, profits, issues ud revenues from wMteve-
source derived, exh and every of which, it being exprewly understood, N hereby mortgaged as if specifically set f«th and described in the granting and
Mberitb rf r=clauses hereof, and such Receiver shall have all the broad and effective fwictiom and powers in anywise entrusted by • Court to a Receiver, and
such appointment shall be made by such Court as an admitted equity and ~ matter of absolute right ro said MORTGAGEE, and without reference ro tM
adequacy « inadequacy of the valve of the property m«tgagad « to the solvency « insolvency of said MORTGAGOR « tM defendants, and that such
rents, profits, irtcorrie, issues ard• reveraret shall be applied by such Reuhrer according to the lien « equity of said MORTGAGEE sect the practice of wdi
Covet.
8. To duly, promptly and fully perform, discharge, execute. effect, complete, oortiply with and abide by each and every tM stipulations, apreemMb,
conditions and coveriams in said promissory nee and this mortgage set f«tl+.
9. That in the event tM ownership of the mortgaged premises. « any part thereof. becomes vested in a parson otMr then tM MORTGAGOR. the
MORTGAGEE, its successor and auigns, may, without ratite ro the MORTGAOR, deal with such successor « success« in interest with reference to thh
mortgage and tM.dabt hereby secwed in the same manner a wkh Mortgag« without M any way vitiating « discharging 1M M«rgag«s' liability here-
under « upon the debt hereby setwed. iVo sale of tM premises hereby mortgayeo and no f«bearance on tM part of tM MORTGAGEE « its successor
« auipns and no extenian of the tune f« the payment of the debt herby aacwed given by the MORTGAGEE « its success«s'« assigns, else!! operate
to rekase, discMrge, modify ciwge « affect tM «igirisl liability of the MORTGAGOR Mein, eitMr in whoN « in pan.
10. It is specifialh agreed tMt time is of tl+e eawnoe d thh cororact and tMt ra waiver of arty obligation husunder « of tM obligation ae-
arred Mreby atoll at any tei.c thereafter be held ro be • waiver d the terms hereof a of the instrument serauad baby.
IN WITNESS WHEREOF, tM ssid MORT R Ms herewito set his Aand and seal Nie day and year firer aforesaid.
rd der ~ _ ~~~~ (Sean
n-.n
n--o
STATE OF FLORIDA t
St. Lucie 1r ~'
couNTY of
and
bef«e me personally appeared
~7 71 mRt Tt Y,1 tw1+A hk wife, ro me vwll known end known ro me ro be
1M indivdwls deatribed N and who exetaAed Ilse faegallg ImMattestt. +~ + ~or'a Ale that tMy executed tM satyr f« tM purpaw
therein expressed. And the
wife of tM said upon • sepuaN cad pmraN
examination by nr taken wpuata and apart from here husband. adinoMAedged ro and before me tMt ant executed said katrwrient freely and volwr
tardy and .without attl/ compubion, corrtrakM, apprehssiaiptlr a~ear of a from ha aald laxtbattd.
WITNESS my hand and official sal dtN ~-- daft of D. 19_(~Y
Nolery N end -for the State of •
My CatstnYalOtt exp4eu
RMurn Toe
first Federal Savirtga a Load Ae.odatien
Of fort Pierce.
Fort Pierce. Fksrida
1020`74
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Rtedsy Ri /balsa fM ~ EasseRy far
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