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HomeMy WebLinkAbout0484 ~fJ!K 57 f^~t 4(11 3. To pla~. and continvoully kHp on It.. buildinga f>O'oV or ~r...h.r .ilu.l. on ..Id land a,><I on all equlp",enl and person.lly covered by Ihi, mortg' ag., will. all premiuma Ih.reon ".id in full. fir. insur.n~. in the u.ual tllMard poli~y form, In a ;um approved by Ihe MORIGAGEE, and ""nd"or", Ir""ran~. In ,he ulual Ilardard poli~y form. In a .um approv.d by the MORTGAGEE, in luch..... company Ot companies II I~,e MOllTGAGEE may direcl; Ind all fir a iond w:nd.,orn Inauran<:. poll~I.. 01\ any of uid build:ng., any Int.r.II therein ')r pari Iher.of, !n :he "\lgregale lum afore..,d cr In exce" Ihereof. .1..11 conllln II.. u,uII .Iandlrd mOf''la"... clIU'. or luch olh.r c1au.. .. Iht> Morlgogee may require, na..ing ,~ :J" under ",d po~i, ~i.., each and eve'y. pooyable 10 ..id MORTGAGEE II II. inl.r.tI m.y appiOl. and each a;;-d every .uch po!icy .1.011 be promplly ''':ll"ed a"d deli.ered '0 any held by ..id MORTGAGEE al furl h., aecurhy to ..id mOllgl". d.bl. .ne!, 1'101 Ie.. Il,an len (10) daYI in advan~. of the eXFilalion of each po!iCi. 10 de. liver 10 uid MORTGA(,EE I renew.1 Ih.reof. log.''''' will. a r.ceipl for Iha pr.mium of .uch r.ne:....l; and .here .Ial! be no fir. or wind"o,m in,u,a"'e pieced on any of ..id buildingl. a:1y inlere.1 Ih....in or parI I"'reof. l'nl." in II.. form and wilh Ih. Iou pay obit! AI aforeuid; and in Ihe evenl .ny lum of money becv"'el p.yable undc. .uch poli~, or polici., uid MORTGAGEE Ihall h.v. ,h. oplion 10 receive and epply Ihe lame on accounl of ihe ind~t,t"d, nen Ie'cvrt'd hereby 0#' to permit laid MORTGAGORS to receive .nd vie It or any ;Jart thereof tor orher purpo~2'!.< wilhour Ih'~'rd.J( WJiVI,.g or 1!';P,lI(' Ing any equilY, lier. or righl under or by virlve of lhl. morlgage; and In Ihe evei'll ..:e MORTGAGORS .1,011 for any ree.on fail 10 keep Ihe .ad premi.c. .0 inlvred, Q( fail 10 deliver poonplly any of ,aid poli~ie. of inluran~e to said MORTGAGEE, or fail promptly 10 pay ful!y any p'emi,'m Ih"r"fu, N in any re.pecl lail 10 perforr,'. di.charge, execute. eff.cl. comple'.. comply with and abide by ,hi. c'lvenanl, or any port hereof, 'd,d MORTGAGE[ may p:"c ",d pay for .,.....h inlurance Ot any p.rt thf:reuf without waiving or Iffe<ting any option, lien, e-quity, or rjght una....' or by virtue of rhi!. Morfgl!lge. and Ih( full amounl of .,,1. ind every 'u~h paymenl Ihall be immediately due and payable and ,hall bear inlere,1 from Ihe dat" Ihereof ur.!il pa:d .1 the rale 01 nine per centum per anr,um and together with such interel' sh311 ~ $ecured by tn" lien of this morlg'ge. .... To permit, commit or luffer no Wille, impairment or deterioration of laid propert'( 01 any par' ,hereof. S. To pay all ano/ ,ingula, Ih. ~olt', ~harge. Ind upenlel, including a reasonable attorneY'1 ~e and COlli of ab"ra~II of IiI Ie, incurred or poid al any lime by ..id MORTGAGEE, becau.e or in Ihe evei'll of II.. hilure on th. !larl of I.... .aid MORTGAGOR 10 duly, promptly and fel,ly perform. d..d)Jr~e o).ccute, effect, complete. comply With and .b;de by each and ev"ry the stipulations, agreements. cord;~jons. and covenants of sdid ptorniuor)' note Ihld It", mortgage any or either, and s.Jid costl, charges and exp.<.nses. each and every. dUll! be immediately due and payabl~; whether vr not there be notice d.:: mand, a"empl 10 collecl or "Jil pendinll; and Ih. full amount of each and every .u~h payment .hall b"ar int~rut Lom I~e d.te Ihe,eof unld pa,d al the rate or r.ine per centur'J' per l!nnum; and all laid COliS, charges and expenses incurred or paid, together with such interest, shedl be secured by the lien of rh,. morlglg.. _ _' 6. Thai (a) in Ihe evei'll of .ny breach o! Ihis Mortgage or clefault nn lhe part of II.. ..;.ORTGAGOR, or (b) in the event any of ..id sum. of money herein referred to be not promptly and fully pl:::d within thi,ty (30) dd)" next aher the same lev8l..filly become due and payable. without denl!lld or nollC!...'. or (e) in the event each and ev~ry the stipulations, agreemenls, conditi':ml lInd covenan" of laid promiuory note and thll mOrfgege any or eif'her are not :luly, promplly and fully performed, d,.chdtged, execuled, effe~led, ~omplet<-d, ~omplied will, and abided 'oy, then in eifher or eny .ceh event Ihe sa,d ag gregate sum mentioned in said promissory note then remaining unpaid, wit~ inlerest a:crued. _"nd all moneys secured hereby, shdll become due lI"d Pdt- able forthwilh. or Iherealter. a' Ihe optic.,., of ,aid MORTGAGEE,.. fvlly and comple!-ely II if all of Ihe ..id .vml of money were 0"9i".lIy ,t'pu:."'d to be paid on such day, anything in said promissory n<'te or in this Mortg3ge to the contrary notwithllanding; dnd thereuf.."\on or thcfeJfrer ~1 Ihe O~lion of .aid MORTGAGEE, withoul nOlice or demand, suit al law or in "quily. Ihe,efore or thereafter begun. may i..e prolecuted as if all money. s.cured ~.ereb i had matured priOr to ill inltitution. ..... 7. Thbt in the eveftl Ihat at the be-ginning of or lit llny time pending ony luit upon this Mortgage, or ~o foreclose it. or I'J reform ii, or to enforce -paYr.lent of any claims herevnder, I~id MORTGAGEE shall apply to ihe Court having jurisdiction thereof for the appclntment of i.. Rect:l...er, such Court shJ:1 for.l,witn appoint a receiver of s:!id mOl.gaged property all and lingular, including all and singular the income. profits, iU'Jt:'s and revenues from whdfcver source derived, each and every of which, it being expressly understood. is hereby mOrlgoged as if specifically set forth and descrio(:d in the grclnfing and habendum clauses hereof, and such R:e.:eiver ,hall have all the broad and effective funcllons and power. in anywise enlrusted by a Court to a ReCt.'iver, -,,~'d ouch appoin'mcnt ,hall be m.de by .u~h Court 51 an admit:ed equily and a <nailer of ab.olule righl 10 ,aid MORTGAGEE. and withoul refere"ce 10 the adequacy or inadequacy of Ihe value of Ihe properly morlllaged or 10 Ihe .olvency or ,molvency e>I .aid MORIGAGOR or the defe"ddnlS. onu Ih.t such rents, profits, income, ;iivd; gi.d rey...nues shall be applied by luch R:ecei'Ier according to the lien or equity of said MORTGAGEE and the pracfice of such Courl. 8. To duly, promptly and tull,:, perform, discharge, execute. effect. cornplete, comply '11th ana a~lue uy edch o!,d E.very the stipulations. agreements, conditions er.d eovenanh in laid promiuory n(\t~ and thil IT. .Jrtgage set Lrth. 9. That in Ihe event the ownership of Ihe mortgaged premi.el, or Iny perl Ihereof, become. ve.ted in a person other Ihan Ihe MORTGAGOR, the MORTGAGEE, its successors and ~nigns, may, without notice to the MORTGAOR, deal......ith such lucceuor or lucceouor in interi'sl ,.',nth rcft:rence to ':li' mOrlgage arid th'! debt hereby secured in the same manner as with Mortgagor without in any way vitiating or dIscharging fhe MOrJgdgors' liability here. under or upon the debt hereby secured. No sale of the premise, hereby mortgaged and no forbearance on the pari of the MORTGAGtE or its successors ojr assigns c"nd no extensicn of th~ time for the payment of the debt hereby secured given by the MORTG.AGEE or its succe5\ors or assigns, shall operil~e 10 relea.e, d,scharge. modify change or affecl Ihe orill'nal liabil,ly of 'he MORTGAGOR herein. eilher in w"'ole or in pari. 10. It is specifically agreed that time is of the euence of this COntract and that no waiver of lint obligation hereunder or of t~e obligation sc. n.red hereby .hall al any 'i,n. Ihereafter be held 10 be a wa;ver of the lerm. hereof or of the in"rumenl secured herby. t 1 _ In ,1dd,tion to t~e forego:ny monthly payments of prin::pJI and int......r~lt required by the prom~S0r"f nO'e s~curcd hcrebl, mo'r~,PJcr covenants. end .1':}r(,(,5 to p"y to mortg~gee wifh each O1onthly ;:>ayment an ad<.Ltionai sum (>~!irnared by rnortg3gee !o Ul! equdl to) 12 of the .!n,~udl cosl of th..:' fo::o.',- 1.19: A--Al: rCdl prope-rty taxes levied or anf:"ucd against the above descriScd real es'~tC', 0- Pr.:.';niurns on fire ar.d windstorm insu'lInce as herein reqvired to be car(Ied on the irnprovc'11enh siruare on In'1 above described rrcmiscs" (- ,P'c.;1iums on such rnortS:'lgc guarant)" insurance lli! morrgagee shall from ti;lle 10 1i~{: deem fit 10 c.,rry on the lo~n secu'cd he:rev;. Mor!gagr:e shall from tim~ to lime notify mortgagor in writing of the amount due dnd polyab!e hcreu;1d{:r dnd such su:n sh 1:! ther(:upon b~ due and pAydb~e 0.. the due dafe of the> next monthly payment and each suc(enive month tht.'reaft...r ulltil rl'.'Jrtg.3dec shai! Ilollfy rIlO.tgd'J(")( uf d (hct;1ye In such cfllount. Such sums shJ!1 be applied by mortgage~ towa,-d the pa'iment of real property taxes. insurance prcm,Un1S, and rnortg,JY''::. gvdranty InSUrdr1<.e pre:r1ums" IN ViIHJE5S WHEREOF. Ihe said MORTGAGOR 1.0. Signed. Sealed .nd delivered in Ihe pre.ence of; l'J~ 9:-.. C ~ =:}~: '~"'=LIJ~~c---- he"eunto set his h;]nd and leal Ihe ddY dnd year firsl aforesaid. y ~T\ '1' ~!~.'-~ j/~/>t. L ." I ! L......... " < )/ (S.al) (Seal) __(S<oI) (Seal) STATE OF flORIDA ,. COUNTY OF .____Sj~_',~-".:LC i c 55. :'keens Sefore me personally appeared ,T 0 \1 n ''{u t;-.. ~ 1-: e e Yl S his wife, to me well known and Io:no......'n to me to be ,h. individu.II d..cribed in and who executed the foregoing in.lrumenl. end acknowledged before me 11,01 they exe~uled Ihe lame for Ihe purposc. therein expre..ed. And the .aid lUGh H. Skeens ....ile of Ihe laid ,T I) hn" Ske ens upon a 'eparale and privale examination by me taken separate and ap,Ht from h~r uid hUJband, ackno,^,ledg~d to ~nd before me that she executed said instrument freely and volun- ,.rily and witho"t any compul.ion, con,'rainl. apprehenoion~ 0) fear of or from her .aid hUlband. '7 '1 "-<>' -~on. ru or'r WITNESS my h.nd an:l offi~;al ..01 Ihi. -v' - day cf - -7 n__ _ /~)~. .s.., )) 1 ~ and , A. D. 19..l2l t,otary Public in .rd for N,y Commission expireJ: c . [h,-/ Ihe SI.te of norid. at Larga Fir.t Federel J13~1 ~J Notar', PL~):"',. S',l'e of r:o!'" d,l t!t '--.~ri~e i/"i COr1H;l S'_, c', ;, f. n.'c, .",~r('h It. l~t){J BondeJ b', /"nlcr :--;:'"1 Sl!rl'ty ("() o~ N. Y Relurn To; Savings & LO!n Of Fort Pierce. Fort Picr(e, Florid! Anoci!tion _. "f..;", 'I,. , _ \:..-' ~' A .1'1. .... fiLGJ .~ND RECO~OED -Official J{e(Ol!; .800K /95] Ffl3 25 NIII: 05 ~GGER POITR/\S. CLEEK S,. LUCIE COUNTY. FLORIOrYJ Cl (~,J.,t 1 ,. ",". ... ~, . .." .. "- (.)" .. ~,-. '.':'- .. " ". ......... . " ,~ ~ ,,\' . f'J ":::;l.~'.:'~:-' j., ,) . _ J . ~. "c '. " J..... "'.. '.' -, . ..,-'J . J ..'1" . -:.J _.l . " c: . '"i' <;, ,~ I Ii : .' :::l' 'i [; ,; .. f_ ---t ....... (/:; ~ I 1 0J .', '(J! ", 0" ... .. II '1" . ..... -- \.) . "" t . : D : <..) : .. -....... .-;\ '"\'"- .. I ! ~ _:..": c:. ,-" ," v ,: } ...,,: . . .,......~~../-' <' ....... \J. " f\ T ".. .,.' '... oJ . . o ,(- )" ...,.." .~.~--- _._-