HomeMy WebLinkAbout1750O.R. ~~ fAGE J~~
80^K
5. To plan and continuously keep tNS tM bsslldlrspa tsow w fA-itfi'aR `~i~'ot~,r1.!'fa^d and °^ all tquitrtsant aruf personslly cav+rtd by this mortg~
age, with ail prtmiumt thereon paid in full, fin inwnaca In the uwal stsnriard po!ECy form, In a vim approved by iha MORTGAGEE, and windstorm
{muranu In the uwd sta~,dud noli<y form, In a sum apprvvtd by tM MORTGAGEE, In a'ch company or compenlea sa 1M MORTGAGEE may
direct; and all fart and windstorm Iruunrxe poUdee on any of saki trulldirsga, any Intents therein or part tMrtof, In tf~e aggregate sum afaatald or
In txcasa tMreof, shell con~sin the vewl ttandud mortgagee dwsa a wch clMr clwsa •a 1M A'.onga¢te may rtquin, making tM Iwt under aid pull-
<ies, each and wary, payable to acid MORTvAGEE M ih lateral mty appear, and each and wary tuck poky sfsell be promptly ~ssigntd and dNiwred to
any held by uid MORTGAGEE as further security to aald mc,rt9ege debt, arvd, r-t Casa char: ten (t0) days In advance of tM txpiratlon of each policy, to de-
liver to said MOkTGicGEE a renewal tMreof, togetMr with • recNpi for iha premium of such renewal; and tMra tMil be no fin o? windstorm Insvnnce
placed on any of said buildings, any interest thtnln a part IMrwf, unless In tM form and with tM loss payable as aforeuid; and' In tM event any wm
of money becomes payable under wch policy or policitt uid MORTGAGEE atoll htw iha option to reurvt and apply tM same on account of the indeoted-
neta secured heroby or to permit said MORTGAGORS to receive and use it or any put thereof for other purposes, without thereby waiving or impair-
ing any equity, lien or right under or by virtue of this rnorfgager and In the want said MORTGAGORS shall fa any mason fall to keep th `aid pnmitN to
insured, or fail to deliver promptly any of ssid policltt of insuranee to said MORTGAGEE, or fall promptly to pt~ f,,,lly any pis-ivm ' refor or In any
respect fail to perform, discharge, execute, affect, comptett, fortsply with end abide by thla covenant, or any part hereof, said MORTGAGEE may place and
pay for such tnsvrence or any part thereof without watving er affeotnq any option, lien, equity, or right under a by vlrtw of this Mortgage, and the
full amount of tech and very auch payment shall be Immediahty dw and payable and shall bier Inttratt from the data tstrtof until paid at the rats of
nine per centvm per annum and together with suth lactate shall bt aecurtd by tM Ilan of thla mortgage.
1. To permit, commit or wffer no waste, impairment or detarloraTlon of said property or any part 1Mrtof. r '
S. To pay all snd•singular the costs, charges and expanses, Including • ressona5le attorney's fee and vests of abstra:ta of title, Incurred or paid at
any time by said MORTGAGEE, becevte or in the event of the failure on tM part of the Bald MORTGAGOR to duly, promptly end fully perform, disc:iargq
execute, effect, complete, comply with and abide by each and wiry the stipulations, agreements, conditions, and covenants of raid promissory note and this
mortgage any or either, and said costs, chsrgea end expenses, Lath and every, shall bt Immediately due end payable; whttMr or not there ire notice dt
mend, attempt to collect or suit pending; and tM full amount of tack and awry such payment shall bear Interest from the daft thereof until paid at the
rote of nine per cemum per annum; and all said costs, charpas and expanses Irtcurrad w paid, togttMr with wch Inttrtst, ahdl bt atcured by the Iltn of this
mortgages
6. That (e) In the event of any breech of this Mortgage or default on IM part of the MORTGAGOR, or (b) In tM went any of sold sums of rrsoney
herein referred to be not promptly and fully paid within thirty~(9C1) days next after tM same ssvtrally become due end payable, without demand or notice,
or (c) in the event each and every the stipulations, agreements, cenditiom and covenanh of said promiuory note end this mortgage any or either are net
jv!y, promptly and fully performed, discharged, executed, effected, completed, complied with end abided by, then In tither or any such event the said a¢
gregata sum mentioned in said promissory note then remaining unpaid, with Interest accrued, and all moneys secured hereby, shall become due and pay
able forihvrith, or thereafNr, at the option of said MJRTGAGE'c, as fully end completely as if all of the said sums of money were originally stipulated
to be pa;•: on such day, anything in sa-,d promissory note or in this Mortpagt to the contrary notwithstanding; and thereupon pr thereafter el the option of
said 1.',ORTGAGc"c, ",9thout notice or demand, suit at law or in equity, ihertfore or thereafter begun, may be prosecuted es if all moneys secured hereby
hJd :natur,d rriOr f0 itS fact itutiOn.
7. That in the event that at the b^ginning of or at any time pending any suit upon this Mortgage, or to foreclose it, or to reform if, or to enforce
~eyment of any claims h=rounder, said MORTG OGEE shall apply to the Court having jurisdiction thereof (or the appointment of a Receiver, such Court shall
forthwith ,~;~pclnt a receiver of said mongayed property all end singular, including ail and singular the income, proi:a, issues and revenues from whatever
-_rce ~_~•i.~d each a-:d every of v;hich, it being expressly understood, is hereby mortgaged as if specifically set forth and described in the granting and
F~~~bendcm <!a~_~ses h_r~of, and such Receiver shelf have all the broad and effective functions and powers in anywise entrusted by a Court to a Reserver, and .
r. ch a;-;,eirrn•~enr shall be made by such Court as an admittrd equity and a matter of absolute right to said MORTGAGEE and without reference to the
acrG.;acy .,• in~deGvaey of the valve of the property mortgaged or to the solvency or insolvency of said MORTGAGOR or the defendants, and that such
rears. prof:rs, income, issues and- revenues shall be applied by fuck Receiver according to the lien or equity of ssid MORTGAGEE end the practice of such
lOVrt.
R. To duly, promotly and fully perform, discharge, execute, effect, complete, comply with and abide by each and every the stipulations, agreements,
cond~t~ons and covenants in said promissory note and this mortgage set forth.
y. That in the event the ownership of the mortgaged premises, or any part thereof, becomes vested in a person other than the MORTGAGOR, the
A'ORTGF.GE;. In s,ccesors and assigns, may, without notice to the MORTGAOR, deal with such successor or successor in interest with reference to this
n~.cnoa3e and the debl hereby secured in the same manner as with hlortgagor without in any way vitiating or discharging the Mortgagors" liability Kerr
vnde• cr v.o^, the debt Aerehy secured. No sale of the premises hereby mortgaged and no forbearance on the part of the MORTGAGEE or m suttesson
or assigns and no extension of the tune for the paymem of the debt hereby secured given by the MORTGAGEE or in successors or assigns, shall operate
to rolesse, dacharge, modify change or affect the original liability of the MORTGAGOR herein, either in whole Or In part.
10. It is specifically agreed that time is of the essence of this fontrect and that no waiver of any obligation hereunder or of the obligation ar
cured hereby shall at any time thereafter be held to be a waiver of the terms hereof or of tM instrument secured herby.
IN V;ITtJ(SS YIHEREOT, the said h10RTGAGOR has hereunto set hit head anti seal de day eyed year fiat aforesaid.
nod, Se and delivered the presence of: ~/UR ~' ~~ //'L~~~ICII
( ~ ~ i /s_/} ~ l
_ ~ /~ ~~-~G~~ ~ ~~do~ tJO (ice/IiJ~viC/_(Seal)
E.~/•--
(Seal)
STATE OF FLORIDA
SS.
COUNTY OF ~~Lucie
Jessf3 Furman Carrara and
Before me personally appeared
rouise GfirrE~ra his wife, to me well known and known to me tr be
the individuals described In and who executed tM foregolrg instrument, and acknowledged before me that they executed the same for the purposes
therein expressed. And the said- rAll 8A Carrer[i
J~Fttrmf3ri Carrer8 upon a separate and pnvate
wife of the said
examination by me taken separate and apart from her sajd husband, acknowledged to and before me that she executed said instrument freely and volun-
tartly and without any compulsion; constraint, epprehensi2ft, or fear of tx from her said husband.
n A. D. 19~_
WITNESS my hand and official seal this, 1. day of_
2i.;
~ Natary Public in and -for tM State of Florida at Large
My Commessi0n expires:
Return To:
First Federal Savings b Loan Association fJOtdty f v5!:C, Sta'e of Florida at t_arQe
Of fort Pierce.
Fort Pierce, Florida My Comm~ss.on Ex^,res March 11, 190
Bon:~e~ by l,meccan Surety Co. of N Y.
1,.09`7~~
-. , - FLIED AND R~CDRCAOOK
:w
:~;.:
i t ~ `V-_
-~~,P~' i
1961DEC -6 PM 2:54 .
ROGER POITRAS. C'--OAK
ST. lt1C~E COUNZ't. fl4RIDA
~ ~~
.~~''*~~~~' ~Z~ry ,,,,
~'
;, ~.
2'~~r~