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HomeMy WebLinkAbout2344 0, ii, ~:J,1 60 u.u241 3, To place and conrinvovlly he;> on Ihe buildi;ga now or hereafter ,itvat. on ..Id lant! Ind on all equipmenl and per.on.lly co,ered b'j Ihi. mOrl\)' ag., wilh all premiuml thereon paid in full, fir. inlurlnce in Ihe v.val .t.ndlrd policy form, In a .um appro,"d by Ihe MORTGAGH, ..,d ....i"o.'olo" inlur.nce In tM v.ual .tAndard poi,cy form, in a ,vm Ipf'roved by tho MORTGAGEE, In Ivch company or companies II Ihe MORTGAGEE ",oy d,recr; and .11 lir. and windltorm insvrance policiea on Iny of toid buildlngl. any interesl Iherein or par! thereol. in the aggregate lum .for....J or in excell thereof, ,hall ,on'~in the ulual 'faod~rd mortgagee CI5Ulf! or lucn other douse al the MOrlgage~ may r~quire. m~king the Iou under IjlU po:i. ci.I. uch .nd every, p.yable 10 toid MORTGAGEE II ill ;"terel! may appear, ~rd IIch and every .uch policy .h.1I be promplly ." lined and oe....rcd '" any held by toid MORTGAGEE II IUrlher ,.cvrity to said mortgago debl, and. nol Ie.. than len (10) daYI in .dvance of the expiralion 01 each pol,C(, 10 dL" li...er 10 I.\id ^'OR:TGAGE~ a ft'ne......l thereof. together with a receipt for the premium of such renewal; and there ,h~ll be no Lre or windsT0rrll ir,!o;';~Jnc... pl3.ced Oil any of said buildings. any intere.~ therein or plHt thereof, vole" in the form and witn the Ion pa)'ab!e as afore~!id; l!lnd in the e...'enl ,'"~ ",'in of mone; beco01" p.,Jble und., ,vch policy or policies said MORTGAGEE .h.11 have the oplion 10 recei~e and apply the ..me 00 .ccounl of ,he i'1o.'t,,_,,1 nell secured hereb'i or to permit said MORTGAGORS 10 receive and use il or any pMt tnereof ior 01t-\t>r pur~:os.'_'s, .'.ith0ul Ih~'~dll .",11.' IJ ...' "~I' , ing .ny equity. lien or righl vnder or by virlue of thil mortg.ge; .nd in the e'enl sa,d MORTGAGORS .h.11 lor my reHon fail 10 k~ep Ihe I.id pre"',,,. '0 insured, or fail to deliver promptly any of said policies of insurance 10 lerid MORTGAGEE. or fail promptly to P!!lY fvll,.. any pre-mlurn tht'r..:for or iil d'~, re.peer :.:1 to pedorm, d,,,h.rye, execule, effeer, complete, comply wilh .nd abide by th;I co,on.nl. or _ny pJrt h~r~ol. ""d 1.I0RIG,\Gl E ""y pi3C'-' .<l p.y lor luch insuranc. or any parI thereol withovt w.iving or affecling any option, lion, equity, or right V'1d., or by virlce of th,. !.'crlg'ge, .,0 ,h, full amount of e!!lch and every lueh payment sh!ill be immedialely due and payable and shlltll beM intert'st from the'! ddte 1hereof until poiJ d! the rcf~ o! nme per centvm per annUnl ,and tog~ther with such in!er~st shail be secured by the lien of tnis mOrlg5ge. .4, To permif, commif or suffer no w^,stp. impairment or deferioration of said property or any p.ut thereof. 5. To pay all and singular the- costs. charge'S and expenses, including a reasonable attorne.,., fee and costs of abs1racts of t;tle, incurred or paid <1t any ti,.-.e by .J1d MORTGAGEE, becaule or in tho event of the failure on the pOlloi the said MORiGAGOR 10 duly, promptly .nd !uily perform. d."r"H9L' execute. cffecf. cOlliplete. co.nply With and ab:de by ~ach and every the stipulatIons, agreements, cond:tions. a()G (oven~.,ts of laid prorninor'( no'e dnd thi~ morlg.ge .ny or eirher, _"d ...d COI". chargel .nd expenses. each .nd every, shall be immedi.tely due .nd r.y.ble; ....helher or n,,1 ,he'e b~ "u'.co d, m.,nd, tltempf to collecl or suit pending; and In" full amovnt of each and every such paymenf sh.,1I b~~r Interest fro'1) the d3te thereof unl.l p~ld dt ti:e (,jk of nii1c f-lcr CI.'nll.l,lI per annum; and a:1 sdld COSIS, charges and expenses in(,urred or ~;d. together with such inle.-est. sha.1l be secured lI, rhe lien of thl~ mortgage, 6, Th.1 (0) in the event of an'j breach of this Mortg.ge or default on Ihe part of the MORTGAGOR. or (b) in the evenl .ny of u'd .u,n. of r,,-)n~. herein referred to be not promptly and fully paid within thlr'y (30) days next after the SJ~T1e severa.lly become due and p,~Ydb:e, withoul d~mJI'd or n~;1lCI.', or (c) in ,he event edch and tvery the stipul<ltions, agreementl, conditionl and covenan1. of sa:d promissory nofe and thiS mortg~ge 3ni or eilher dre nOl july. promplly and fully performed. d.sch.,ged. execuled, elf~cted. completed, complied with and .bided ':Iy, then in eilher or .nj .uch eveol Ihe .e.O og greg~te surn nlentioned in Idid promiuory nole ,hen remaining' unpaid, with inlerest accrued, and all moneys secured hereb,', shdll become due and p3,' ab:e forthwith, or there!!lfter, a1 the option of said N\ORTGAGEE, al fully and completely as if all of the said SUIllS of mone'f ......ere or;gina;iy Sl:~u:.j,,'d to be p",d on such d~y, anything in sa:d promissory note or in this Mortgage to the conTrary notwit~~tanding; and thereupon or tht'lc<3fter d1 lh~ OI_-IIOf1 ut \~id MORTGAGEE, wilhout nOlice or demand, Svit at law or in equity. therefore or there-lither begun, may be prosecuTed at if all moneys s~cured hert..'tJ,. had mdfured prior to It I institution, 7. That in the event that at the beginning of or at any time pending any suit upon this Modgage. or to foreclose it, or to reform if, or to enL-..'rce pllt)'m?nt of I!Iny Cidi~r.s hereunder. said MORTGAGEE shall apply to the Courl h!!lving iUllsdiCl;on thereof for the appo:ntrnen' of a. RCCt.'i'.:,;-r, such (our: sh.l,! forlhwith aps-'oint a receiver of said mortgaged property all and singular, including all anJ 1ingular the ir.conlc, ~)'ohrs, issues and r~,,"t:I\UI.." f~om .....~l.1h:"L"r source derived, cdch and e.ery of wh;ch, it being expressly unders1ood, is hereby mort9dged as if specific-ally set fonh ~nd descrit)!..u in the grdotlng <'\l,d hdbcndum c~dUses hereof. dnd such Receiver shall hJve all the broad and effccti....e funCf,ons and po.....crs in anywise entrusted by a (ovrY to d Rt:Ct'I,..er, ~, d sLch .lppoin!n1ent sh.!!1 be m"de by such Coun as an admitted equity and a r.,alter of absolute right to s!!lid MO~TC,\GEE. and .....l1h,'~ul reft.:rcr,cc 10 I',e cSd~qUJCi or inad~qu~c.,. of the va:ue of the property mortgaged or to the solvency or insolvency of Bid MORTGAGOR or the d~te,<.L.l"ts, ,1r--,d tholT s,,,::h rents, profits, income, issu~' and re'w'enuel shall be applied by such Recei'wer accord,ng to the lien or equity of Said MORTGAGEE dn.:.! the pJuice of s,--"h Court. 8. To duly, promptly and fully perform. discharge, executt:, effect, cornplete, comply wilh and abide by eac.h and every the sri~~_liaTj,)IH, 3greeml..'na. condifions ~nd coven~n1S in said prominory note and this morrg!!lg8 set fonh. 9_ Th~t in the event the ownership of the mortgaged premist's, or any part thereof, become, vested in ~ person other th~n the '.'J')RTGAGO~, tLe ......,ORTGAGEE. its SuCCeSsors and ds..:gns, Inay. wifhout notice to the MORTGAOR, dedI wilh Such luccessor or s,.)cu'no' In Inlert.'st,,':i1h r..:,fl.'rence 10 tt;.s mOrfg3ge ar,d the dct..t hereby secu~ed in the same manner ~s wilh ""ongagor without in dny way vit.Jting or d,schMg;ng the Morlg.,l'JC:rS' II~bliltJ' h,_.rt:- under or upon Ih~ dd..:1 hereu,. 5c-c~red No saie of the premises hereby mortgaged I!Ind no forbearance on Ihe p3rl ot the !.'\ORh-,,.'\Gt.~ or tn. S0((I'SS'~'~ or c'u!ligos i'lnd no e..'ension c,f the tlflle for the p5ymcnt of the debt hereby s('cured given by Ihe MORTGt,GEE or its successors or ass grlS, ,h.]:j ope~:.l!e to re!e<Jse, d,scharge, modd,. chang:l or affect the orig;nal li!!lOillt'( of the MORTGAGOR herein, either in whole or in pdrt. 10. 11 is speclti~~!l'" ~grced thai time is of the enence of Ihis contract i'lnd that no Wi'li-"N of ~ny Ob!:'Jdt;on hereunder or of the oG:;g3tion se- cured hereby Ihali at .Jny li"!,e 1hc!"e3fter be held 10 lH! a W~lvcr of the term1 hereof or of the iralrurr.ent st:::urcd hero,.. 11 In Lid'I:':~ '0 ,h~ fO'('ijo r,g r~',,:uth'l pd'rTl~'n!s of prl 'C p..,l dnd i:11L'f(':sr requlrcJ b,. 'he prc~n :S)~', 1.0"_' !1,J d::F'l.'t'~ TC1 J!'~) tu mortgc';;('t: ......I'h t'Jch l!.'_r:lhi',. ~)3,rnel1t all Judillon,JI SU'l1 'l.'~'"ndlcd u,. fl.orilJ_ljc',:,' to Lt' cqu,tl to I! ;~l ~"(\Jrf'd h~r.:L" !lH)~!':J ~J~ r C'). ,~.n 11,'S 12 v! Ihe c'i'~'-"':.l: ('.-':,! 01 th~ L).,c.. .',- I, ,\il fld: r~foperly I:JA~S levll...d or 3sscsseu JlJ3i~Ht the (,bove descriuc-d reJI e~tate. p.. f-'rL';T',".J'l'!. 0:) tHe df~d""lllJSt0~;1l HH'.Jr,j:'.ce as her~ln reqUired to be Cdrrled on thc' ir~:prOve!nents ~.!Udte Qn ';"'-' ,lhy.t' d,_'scr:L_,j ~~rc'~n:H:S. C f'r"-':~llur,'S on slJch n~orl:J,'gc ']u3rdnty insurJn::e as IPCirlJaCjcc sh.!!1 from t;rnc 10 till',\? dee'l1 hi 10 C.Hry on the ~oan s._(ur~-:J ':.~'~'l.'b,. f"'~'!'JJJ"c s\:J~i he.'ll 11'1',t: to tine notif; rnortgdgor inv'iriting of the 3~nO:.J.,t due dnd pt\'i<'bie her,.l)I,~lcr .3no ~',Jch SI;'11 sf.1.1 1~:...'rL.lJpOn L.:, du,.:' ,",",1 1,..,hl~ on th~ due eLito::- of th..: nf'd !l"o:lthi.,. PdY:l~cnt and c!cn successIve mO~1th ,ht.'redft.-.r until fIlortgclSPt:' sh~11 not.f.,. rl;orl.~J.'J' r oi d e~unJ":- ill ~ .;,~il ,~-:L)'J:1T. Sud, SVII'S ~r.JH 'H.' i1~;,~,cd Or' rnort'J..lgcc to....Md lhe fJayrr:ent of redl property tdXCS, Insurance ,:r.-:~111'U~T'5, ,p:d !.l(.,r1J ':J'-' U""'~'J:1~, il~~',j(cl~l('-' prenllull1s I~J "IIT~J[SS WH[REOF, tho ...d MORTGAGOR ho. ) SJ:ed, Se.led .nd del,vered in the pre.ence of. ~:,~,..,'~~'n: 2J~ ,/= __ - {i .__~- ~- C/~ --- -- - ---- ---- ---- SlATE OF FLORIDA hereun'o set hi!t hand and 'e31 the d3l ~nd yeJr /;r- 'x '- \.. V::-n f",1 i}k>re.oid, <.. , ,.' -?'J/ '_-~L '. ,; i ' ,,/.;,./-, " ./':.~ [ "'. ,.;" ,:,C~L ' " __ '''':~f- ~-- I J ( ( (,;.. ~~~~T~"::L~-~~;: ___(Sajl) i ___(Seai) COUNTY OF , .:.t. Luci~ 55, Before me personally L'ppe<!red r... ti &l:' :"l~_k:..c..L....u.;_~:J---________'__~_'____"__ and ______~___ .JU3Ili to. ~_l':cLa='\~J ~._~_______ his wife. to me well kno--,....n and kno-...n to me to be the individuals des~ri~ed in and who e;r.ecvted the foregoing instrument, and llcknowledgcd before me th~t they executed th~ Brne for the puq.:.os'.::~ therein expressed. And the Il!Iid__,___ _~ 1.1. A r~.:. tll.-~A-_~'~~1lL.L..;;-~-,------------- Nife of the- Ic'lid "__~_u_~t.".......L_3ap~..,_\r !"'~CLart'l ------. uron ~ sep~ra!e and priva'e e...am:n"tion b.,.. me t~ken sepMa'e I!Ird "PMt from her said hUlb~nd, ackrwwl"'!dged to .!nd before me that she executed lad inS1rLJmer-,t free:l' i'lr'ld ':O,UIl- f"rily and without IIn., cornpulsion, constraint. a~prehenl:on, or feM of c..r from her u;d husband. WITNESS my h,nd .nd ollici.1 .e.1 lhi,-_ c; t11__ doy of ~il__--------, A, D, I? !:..:_~- _~.:.;::<" ~--;r~'-. if / ~J.. c.~'~~~",,="--"-______ Notu'l Public in dnd ~or the S1.e!e of Florida at ll!!rg~ My Commiu:on expires: Return To: First Fe-deral Sl!vingl & loan Of fort P,erce. Fort Pierce, Florid3 Auodat;on l' ,~ c;("-" _1.. _, ',,4 ',,) ( - '. ",I ~'t"'~...I",! ~~ l -,r~f' Noti1r;; ~LJbl.,,:. S.:"~ ," ....... ". -lS :.~'.. ('J~I..1 ....,:, ('; t... ..' ~ r.,i ~... , ;.:, I ..' ,I. . i _...... " ~ ,I. 'I'. I (. n 'r FiEf; :\t:D r.EC('~J[C !:' OfficiaJ Record "fJO:\ -' ,)', IS.j j C:?;l -S r; 'J. 1'1 3: 01 ... ~ ')r:~-~ n I.J b '_ I ~. ST, LJC!E '"'; t.... I I., t"l," 'J L: T .'\ /,~). SJ :,:\I'~ ';T:, i LL;~IGt~ ~-d~ r, ; ') ,.1