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HomeMy WebLinkAbout2291 60 ;!ulS~ 3 T(l ~!~(C' "r~d (0f1'iolIOl,S:y L:e-p on 1ft Lu;~J,I)':.Ji flu...... Of hefe6her ,ilu:!lte on .j;ci land and on ~li ~(t'v;t':n~nt a~ld person,,::) cO.l-rItJ L)' th:.. fllO"9 !Ige, ......:111 all prery,\jV~fl' lhL"(cOn p3 d In full, f re iOh!f.!nce in the- lJlual l'4,--.dard pol;c, form, in a 1\.1"\ d"'j.~:o,..(..d L,.. Ih~ MJRrGAGtE. dn~t ....,f'd..1Cf,t1 i"S'..Jr'!r(~ in !he- u"l,~1 J.-'nJ.j~d pO!.'y form, n a 'u~n appro,,'ed by the .\t.ORIGAGEE. in suc.h co~np,jn',.. or co:np"n;es 0'11 the MO~JGAGE.E: I')~; dre-c.!; llnd all fire c!lno wIndstorm inSJfance po:icit"s on any of Ibid building', tny interes, Iherein or p,Hf thereof, in 1he aggfeg~tC' lL!~n a;oft:nld O~ in el;CcSl Ihl-{('of, sh.!ll ;:or113in Ih~ USU.'l1 Sfandud mortgbgee (,(lute or such other (14US.eo a. ,he ^'otlga~e" msy requ.re, making rhe- lou unJr..'r s",d pe,.;j. CIt'S. eHI'l ~nd e....ert, p~),...ble to s.lld ....\ORTGAGEE dS 11, interc-st In"y appear. and each and e....er"( luch pO'ICt Sh3Q be flromp'ly aiS gne-d dl~d d~ll...t:ft.d to 3n)' hC'!J lJ)' ,...;d MORIGAGfE .n fvrthe-r sl~curjt'l to laid motlgage debt, and, not len than ten (10) d,yl in .,d""nce of the expiratl0n of e"en PO~jCi. to (.~.e' L..er fo '.'lid ,\\ORiGAGfE d rene....~1l thereof, 10gether ....,Ith a rece:pl for the- prer.';um of luch fene\'wdl; """d lhere 11'1,,11 be no f,re or ....inosro!fl'\ irlsurJ~I(~ p!~ct!'d on any of s4;d bui!d;ngs, any interest therein or r.!ff thereof, vn!eu in the form and ......,th the lon p3,,.ab!e "I aforesaid; ard in rhe e'o'enl ~I\'" "--,,n of f1~o'le, ~~.(o'11es paydh:e u..de-r s.....:-:~: ;::~:::',- ~~ t--'v:.c.ies s.lld MORTGAGEE s",,1I h.he the opt,on to receive dnd apuly the same on dccounl of the iricL.b!t:d. n~u S~CL'rt'd h{-tebt or 10 perm,t s.!ld ,......ORTGAGOR5 to h.:cej'o'e and ule it or .lfli Fdft ft.i.~le;.')f 'CY 0!;\d tH""~'l'S,::S .."rh,)l..' fh:r.-~" ...,11.1':; ,-' I ~'p.l'" In'J "ny e-qully_ lien or rJghr unde-r or by virtue of thil morrgllg~; and in the e..('n' la d MORTGr\GOR5 lh~11 for dny fe-Bon fail to keep the sdid premiL-' so ilj~u't'"J. Llr bil to dt.-:i..er ~rO:J\ptly any of Bid policies of insur"n<e to ,,,:d ^"ORTGAGEE, or L'II; prolT~pti) !o pa)' fvll)' any prell)lVrn therefor or ir\ a~\, re~~'ecr L~il to pe-rfOffll. dl!ChJrge, elo.,e(ut~, effect. compiele. comply with and abide b't th:s co..'I.'nant, or "I.',. r!rI hereof. s;jld M~)~rG_c..G~f rn.lY pi",:-... ~. d r.'" for h...ch in'ur,jr~ce or ant p"" thereof w.thout wJi..-;ng or affecting any optIon, l;en, equ,t", Of right under or bt \-"jrlue of this ;\1.Orlgdge, aT'u Ih( k.il d!nOl,;/lt of e~c" dnd every h.!ch pdyrnent shdll be inHl\t:di,!fc:y due and p.l)',3b:e and \hdll l>l:dr intereit ffo'n the dafe the-reaf ur~td p-"Jd ...1 the rlHe 01 nl'le pt..r (er"u'~l r("!" ~nnv'n dnd tC..]::lr,t?-r ..... iTh su..:h In'e~-:st sh~i; bo:..' s~cure-d by the lie-n of .h;, mortgll;le. 4. To permit. co'nmit or suffer no waste, irnpa;rment Or dt.-t~r;orlJtion of laid property or any p:.rt thereof. 5_ To p.'l)' all "nd singular the costs, cl1Mge. and expenses including a redsonelb!e attorney's fee and cosls of abitr3clS of titie, incurr~d or p.lid a' .'!ny t,'T,(' b) B:d 1','.DRiG.A.Gf.[, because or in tne e....ent of the fil!l,iure on th~ part of .he 5.5id MDRTGAGOR to duly, promptly and fu!ly pedorm, d1sdurge e_e'::L!p. effect. cO/llp~ete, comply with lIrod abde- by e.3ch and e...~ry the stipu1dtiO:)5, "gre-emcnts. condi'lon" and covenanTs of latd pfo!niHOry nOle ~r~d th,! [1w:lg."ge an~' or ellhe:o. .-:lna s.J.d COSII, charges and expenses. eC'::h and e..ery, at'",ll be immediately due and pay.sble; whelher or no. Ihe~e be nofice d.' (1''''1':( .:nTe:l.pt to CO:I~C.t. or sui. pending; and the fuil amount of ea(h and e"'-'ery such payment shall bear inlerest from rhe dale thcrt?'of unfd p"od I'll f',e f. '.. -.); lWI\.' ~,t'~ It'111...J:1l ~'.;r dlll).....:n; ollj oJil !did c(.1ts, ct-urgc:-s Clnd expenl€.'s in<urred or paid, together with such interest, snd]l be H:cvred l>y the ll(.'n of th" 010"9 "g e. 6, Thor (d) in Ihe even' of dny bredch of thi, MOrl9'ge or default on th. port of Ihe ....,ORTGAGOR, or (b) in the event an,' of ..'d 'u"" of mone, herei.'1 refetr(.u 10 b~ nol pro:Tl~II)' ~nd full,' paid .......Ithin rhlrty l30) ddYI r.t'xt aher the SJme severally become du~ and pd"fdl>~e, without demand or nUIIC\:'. or (c) in th-e- e....ent CJch d:-:d e....ery th~ s,jpu'3tions, agreemt'ors, condition, and CO"i!nants of sa:d promissory note and Ih;, mor1gage an,' or either are nol jvt')', pro:nptl)' and ft..ill.,.. perforn~ed. dschdrg",'d. execute:J. effected, completed, compLed wilh and abided ~)', then In either or any such event the H.d ag ;;r.:-gJte lurn mentlon~d in .did pro:Tliuory note then remaining unpaid, with interest accrued, and a~1 mone;s. secured hereby, shall become due ~nd Pdt. ~b!e forthwith, or thereafter, at tht' option of said MORTGAGEE. as fully and completely as. if all of the said svms of money .....ere orlg:ndlly $tl~'v;"ft:d to b-.:- p."d on !uch d"y, anything in !C1,d pro:ninory note or in this Mortgage to the contrary notwithstanding; dnd thereupon or theleaht>r ~t the option of s~;d MORTGAGEE, without notice Of demand. suit tit law or in equity. therefore Or thereafter begun, may be prosecuted a, if all moneYI lecured h~rebl h.Jd r.ut'Jred prIor to Its institutIOn. 7. That in the event that <'It the begir"1ll:ng of or at any time pending ~r.y svit upon this Mortgage, Or to foreclose ii, or to reform it, or to enk'rce p.Jymcnt of "ny c13;ms hereunder, said MORTGr...GEE shall tlpply to the Courl ha....ing ju,isdlCJiun thereof for tne appOintment of a Rect."I'v'e-r, Ivch Ccurt sh.5:1 fcrth"'-ith -"pf'oin' a rt:'cei'..er .of s"id morlgJg€d properly all and singular, inclvd,ng all .3nd singular the income, profiTS, issues ar.d re....enucs from \-",'h~te~(:r SC'0r(~ deri,...ed, t"ach and e....ery of wh:ch, it being expressl')' understood, is hereby mortgaged as if speclflcaliy set forth and descflb::d in the granring and h.}bendurn c!.,:,uscs h(>(eof, and such Receiver ihall have all the broad ~r.d effective funCLons and po......ers in anywise entrusted by a Court fo a Receiver, 3,-.d ,,--ch appoinTme!''\t shdil be made b)' such Court as an ad'TliUed equity and a matter of absolute right to s.ald MORTGAGEE, and without reference to the ad.....q.J>.!cf or inadt:q.....dcy of the value of the properly m':'tfgdged or to the so.veney or insol"ency of said '.",ORTGAGOR or the defendants, and that such rent!., profits, income, issues and re....enues Ihall be applIed by such Recei....er according to thf" lien Or equit I of said MORTGAGEE and the praCTice of such Courl. 8. To dvly, promptly and fully perform, dischdrge. exer:ute, ~ffecl, complete. comply with and abide b'( each and every the Uipu!3tions, ,~(lreements. conditions and coven~n1s in sdld promissory nore and thil mortgage set fonh. 9. That in the event the ownership of the mortg~ged premises, or any part t!.ereof, becomes vested in a pt'rson other than the "'\ORTGAGOR, 1he "-,ORTGAGEE, its $uccenors and assigns, may, without noTice to the '^ORTGAOR, d(:dl with !.uch luccenor or luccessor in interes.t ",-",nth relerence to th:s n'o~lgJge ar.d The debt hereuy secured in the same manner as with MOrTgagor wifhout in any way vitlafirg or discharging the Mortgagors' liar;llty here- undt.'r or Ur~0" fhe deb' hereby secured. No sale of The prerr,iscs herebl mortgaged and no fCJrbeafar"!ce on the p.!rt of the MORTGAGtt Or its successor!. or 3ss;gnl dnd no ~x1ensi0:1 of the tirn~ for the payment of the debt hf>rcb)' secured gi....en by the MORTGAGEE or its successors or auignl, sh..'lll operaTe fo re!edSe, discharge, modify change or tffeer the origln"l li:Jbillty of the MORTGAGOR herein. eirher in whole or in part. 10. It is s~"ecific31Iy agreed thJt time is cf the essence of this (ontract and that no waiver of any oL1:gcLon hereunder or of the obligation se. cured hereby shail al any tin:e t:lert'after be held to be a w.!;ver of the terml h-ere~f or of the insfrument .ecured herby. 11 :n .:jJ Lon !o tht.' fO~C(Jo,ng r~)Onln:y Pd)'r!1~nts of prine pal and intert"ST ft:4uired by Ihe t-JrOfll:!.!.ory nolc S~cured hcrt.-b{, rr.ort')agor co...enants ,l'~d cF':'~.S f..:' Pdl TO InortgClgo:..'e WIth e.:.ch monthlY p3(mer.t dn dud,rion,,] surn esllrTlat,;od bt mortg~gee to b~ eqval to 1.. 12 of the an11Udl co!.t of th-.:- fOilo,...- In::..;. A A:; rt-di vopc,fl t-.H.':-S !cv,'.:'cf or a5S...~H~d agJi'lst the dbove descrlb~d rc.!l estate. B r- r,v":;' j'ns O~l fjre and .....jnd~torm triSUrdnce dS he.-cin reqUired to be c~Hrl(:d on the jmpro"e~nents s,tudte on Ih"~ dOaYe dQscrib~d premises. C f'r('T~,iL:rT'S on !l.Jch p~onga9(' gUJron'y insura'-,c(' as mortgd9ce sh~:l from "n~e to time d.:-cm ~it to eMfy on lhe IOdn secured herebl. ,1..,O~fg:';F'e 5loJ~i from til';€' to ti'ne notify mortgagor In writing of the "f' 01.1"" due and p3Ydb~e hereunder and !.>Jch SV'l, shad fhHeupon be dve "nd F.~'..ct<(' on the d~J<.' o0te of ,11':..' n.:::r:f rnonthl( p3yrnent dnd each successive month thele"ftcr until mortgdgee Shdll noTify rT10rTY3gor of d dL1ngc in su(h ";O~Jl~t. Sv(h ~\JrP5 !lhu:l be dPp::cd 0)' :r.orrg.3gee towdfd tne pa',ment of real properly rdxe" insurance prcm,ums, i'l"d mortgage gi..ioraroty insuran-:e P'{"l~ 1'.J'll~. ,~ ,- <......... 'h;~ yeor ;,,,1 ~f-o,""",id 7 ) L') cf17,~t'~X*,:i (Seol) herC'.Jnto set his hdr~d clnd seal rresQnce of: STATE OF flORIDA ~ 55. I ~ward Nahoney ",\; ~,1HjC" . ~ ,'" .... , . . ' .,I , ~.....,. ...;......>:. -', .' ."J ". f'1rr 'V hi. wife, 10 me well knowri a;;d ~now"" ~me iP':i>e foregoinll instrument, and acknowledged befo,e me I~Ht they execu~d t~...."m~~t.-'he ~\I"P'~e' Ih.rein expreued, And ,he ..id_ ;;'dward E11hzaboth A. t1ahoney '~ ".' <t T, r 0 .). .: "if. of Ihe ..;d '-' 1'1. Na oney ;;'u~J:': "pa~.fe and,.~rival~ e,.m:nd';on by me taken separale and dP..1 Itom hor ,oid hu,bdnd, acknowled3ed '0 and before me tha' ,he execuled ,oid """'~W freely,~<( volu'l- rarill and wifhout any compulsion, constraint, apprehens;o/:/n, ,;-)ear of or from her laid husband. ~~ -/.'" 'j '~...;; (' ~ v . L..f\ ".; .J . ,,~' ::/) WITNESS my h.nd and official ,..I tl1" d.y of __:) ',' ,,!' r/', ~. _ ':::"j,~, p, 11~ ,~_~ /~/ ~ ~' -.L . Notary Public in and for the Stat~ of Florid. If large My C"mmiuion expNmary Put'!.e. ~,t Itc of rror,(t-l 1[ L~H}:e '''''y l:ornrn:s.~,l)il [:l."rl ":: ;40'1 " l%!) t30nded '.1y Arn~fi:~', S ".;Iy ,-0, O;;~ f, COUNTY OF ~ _._""'-sL-.Luc 1 e !r:I ., 'he Before m~ personally appelHed f<;lizabeth A.. f'1ahoney indi....iduals described in end who executed the Return To. Fint Federal S.:lvingl & lo-'n As.10ciation J 1.t53'7 Of fort Pierce. Fort Pierce, Florjd~ rf''I'T f~, l'i: ..!,:n~RE,C.\.i. :,L._ U ;\" ,,: '(nil ',.,\ ~f'lC" ',l'~\ \~" :.\L.\CL .',__ 'J\' '<' :-,3 [ \ 1 ~' , . . '.'" '11 . "" "Iv \, ...,. '. (",,'J., 'i: ~ \(J~, ~-...~.> '~" J . ...... -'" . ....: :,~ "'":'.~,: r ,-.".\.V {~~)(~L;:~.'~~: , '........,..'. V .",.,'-,~,-. "1 ..... "J ,." '... I . <.:~U."'.jlt''''''"d..~~ .1 \v -\ r.~~ -4 :).;... ./..\ \ ,_ _,_ _ \;;, I' ~ -~ ;~/\ ROGf.';:- rC\I;-'f..:'~r"..-,.r,~ ,. \ C fI \", T Y t L OJ ,\ i '. h S~, l\jC\~ \,)\-,.\ \ ,. X?~ '"\ .~ /1 j ~' r~' f ."