HomeMy WebLinkAbout1223 3. Te p:ece jnd ce•~tlnvocs'y kreo on the h~;'~i~r,gs no.v er hertafter s;t,,ite on sa d!and a•.d on r', _•q:~,s ~~ert a~ d~er3or.jiiy covered 6y this mortg-
s.~e. w~th all premiu ne thereon pa d~n !~r ~r,s.,•e ~:r .n the vsual st~~~.1,~,d pa:cv torm, in n s., n a;:~rc.ed b, t'.~~• t.1C~K. _:vE~. ar~d w~ndstorm
ine~rante in the ~sua! s~and,+r~ po;.cy fo•m, in~ a w:,~ aF, rc.ed t.1 ihz MJRTGAG~E, in such co ~~pany er can+~an~es .:s ~~~~r A~iJRiGAGEE may
dired; end al~ fire aaJ w:n~)st~~!m ins~~ran[r po'i.:es en a~iy of s.~~d b~~ld,nys, any iNerest thtrein o: ~~art thr.e~+. in the t_~9~.g~te su:n dloresa;d or
in excess ~he~eof, sha!I conNin ihe ~su:~i s~,~ ~d::rd rnorr~.~gee c':u~se or s~~ch oiher c~ause as ihe Moitya~Jee rnay recp.,,re, n,aA~ny e, ~~oss ~,nde; s~,d poli-
tiE~, e3ch and evary, payab'e ro said ~tiORTG.4GE. as ~ts inr~~est n~a~ appear, acd each and e~ery s~ch po ~:y sha~l hr {~•ompNy au g~~cd a~~! cleliveied ta
any hetd by seid b10RfGAGcE as f~nh_r s~~cvr~+y ro s.3,d ~~ori9age debt, c~~d, nor !ess than ien ;~~i deys ad.a~~ce of ~hc ex~;ira+.on of e~~h po:~cy, to de-
~iver to said A40RTGaG~~ ~ re~t~wti iheieet, to3e!har ,tii~h a rrc~~F~t tor the pre~nium uf such ,enewo'; >:•d ti:e;r s!~,U t~ ~ro f.re or ~nr;iit;rrn iniuran.e
pleend on any of 3a~d bui!d;ngY, any in;eres~ thcre,n ar part ~'ie:eof, unlrss fn ihe form and ~.ifh the :oss pay„i:lr as ,:foresa~J; ac;1 ti,e e.cnt any s~m
of money becomea paya~~c under svci: pollty or po''. t~es s.j:u .1~.ORTGAGEE S~~dil F13vB the Cpt en to reo~~.•• .1~~J ~p; :i t!~, 5~::~~~ on a;co~ ir of the indrk,trd•
ness secured hereby or ro per:n~r sa:u Mc:RrGAvORS ro r~r.~~~e a;;c! ~ie ii or :3,; ~r~ t1~: ~o' r:,- i:s ~h
ing any equity, lien or r~ght inder or 6y virt~r o' this mcr!gage; acd ir ihe event sa d MORTC~AGOR$ sha'I to• a~~y reasun fai; to k~~ep ihe sa~ct pra.ti~s:~s so
ins~red, or fail to deli4er ~romptly any ok s:~ d E d~~c:.,s of insv~ance to sa d MORIG:,GEE, cr f.,:' F"~ '~t~'iY ~o i`3i 'Y ~'~1 Pri .,•~n tt,rr<tor or in a.,y
rt+pect faif to perfarm, dlschar~e, exrcute, efte:ct comp;rt~~, ca•~ply with ar~d ab~de 6y rh;s r.ovc~,sni, er any pa,t h~rcoE. s~::i M,C:Ri".1G:E ma; ;:,:a:e a a
pay fot s~ch insurance or any part thareof w~tho~t wai~iny ot aff~ciing any o~tion, i~en, eq~,ty, or ;;~M uc.d~r or L f v~: t„e of th~5 :ti1:~~tga~_, and thc
full amount of each and e~ery su.h pay:rcnt s}~all br ;n,u~~diately due and payable and shail bcar ~r,terost ire~n tha d~'~~ thcreof ~_.~'~I pa,d at u~e rate o!
ni;ie per centurn per annwn end tu~~thc• •,nr.ii suci~ i~,te•~st ~hal, br secured t~y ihe lien of th~1 mortgage.
d. To permit, eamm~t or su(fer no waste, i~npair:~-~c~~t or detar~orat~on of sa~d property or any part fhe~eof.
To pay al! and sing~lar the cests, chart~ei and expenses. ~nciud~ng a reosonab!e atromeq's fee an~ ces!s of a!~:tracu of t~t'e, incwred or F,a~d
any time by sa~d :'ORTGAG:E, because er in the event oF the fsllt~:e on tne p~rt of ~he said ~ti10RTvAGOR to du:y, pro;~p~iy ard f~~ly p_rform, d~schargz
exet~te, eEfed, complete, tompf~r w~th ae.d ab.de by each and every the stipu!ar.ons, aqree ~ierns, cond~tions, and covenants oi sai~ pron'~issory note a~~.d rf~~s
mortgage any or e~~her, and sa~d tests. char~es and expensas, each and every, shall be br,mrdiatety due and payab'r; v.h~ther or no+ there L-a not;ce d_~
mand, atte»pt to toi~ed or ~uit pend,ng; and the full amouM of each and every 3~~ch paymeM Shail bear ~ntcrest fro~n the date therrof until p31d al tV~e
ratt o° r,~n~ per ti•nt~m r~~v a.;:~~:», ~i~ said CGS15. C113ryB5 a~~~ ix~enscs ~nCurrcd er pa~d, togather u-,ch wch interrst, shali be s~~c~red by !he iien o4 ih t
mortgage.
6. That {a) in tfia event of any breach of th~s Mortgage or de(au:r on rh~ part of the MORTGAGOR, or ,i,1 in the evem eny af sa:d su~ns of n.oney
herein referrrd to be no~ prar~ptPy and fu~ly Naid withi~~ fhr.ry ~30i days nex~ a~n;r the same sc.era:y beco^~e due and payabte, wiiho~t den;a~~d or nct~ce,
or (c? in tha e~•ent each and every the stip~:~'~ons, agreements, co^d~cio~~s and covenan!s of s~ d pro n~sso~y not~~ ar~;i th,s mortgage any or either are not
~uly, pro ^ptiy and f~!ly pzrforn•.ed, d.scl~arg ~d, exrc;~r~d, effected, co;npleted, <cmpi;ed with and a:: tled hy, then in e:iher or any su:h event ihe sa.d ag
grega!e sum mentioned in Said pro~nissory note ihen remdining unpaid, w-ith inteie,t accrued, ~r:d a'~I moneys seCUred herzby, shall betome due ard pay~
able fo~thwith, or thereaftcr, at 1he opt~on of s~'~d htORTGAGEE, as fuiiy ond completc:y as if a'i of t!~,e sr,d s~~ms of money v~ere onginally st,pulatcd
to be pa.d on such ci>y, anyt'riing in sa d pr~ ssory note o~ in rhis Mortgage to the cernrary nor,~irhsra:.d;:~g; and th~re~pon or lhereafter a~ rhz cp~:on af
said MORTGAGfE, without nofice or (IflT1Jf:4I, Sil1J at law or in equ~ty, therefore or thereafrer beg~n, r~ay be urosecwed as ii all rnon~ys sewred hereby
had matured pnor to its institution.
7. 7hat in the event ihat at the beginn:ng of or at any t~me pend~ng any sv~t upon fh;s Mo~tgage, ur to /oreclose it, or ro reform it, cr !o enforce
paymero of any c?afms he•eunder, said :SpRTG,'vGEE shali aNp;y to th_ Cour! ha.i:~g jui sd.:'lon !h~,rcc~ fer the zppo:niment o( a Receiver, such Cu~rt snaii
forthwith appoini a receiver of sa~d mortgaged proper~y ali ard s~ngu!ar, includng ail a:~,d sl;,gular ttie ii:come, pro!~ts, iss~es and reven~es frcn whatever
se~rce derived, each and every of wh'ch, i? beir.g erpress:y undersroed, is I:e~eby rrv;!ga~eu as if spec~f;ciL'y se! for,h and desuibed in fhe grantin~ acd
habendum c!avses hereof, and svch Recenec sha~i have ai~ tne brcaci ar.d effecr:v~ f~ncr on; end po:.ers ~n any,r;:se ent~vsted by a Cour~ to a Re:civer, a:•:d
s:.ch appeintme~~+ shall bc ma~e by such Cou•t as an ad nitred eq~;ty and a rna~ter oi abso ute r.r~~:t to sa~d hiORTGAGEE, ar,d w~!hcur refercr:ce fo rhe
adequacy or inadequacy of the value of rhe property mortgaced or t.~ rhe so.vency er ~r.;:,.c•ncy of sa~d 1J10R~GAGOR or th~ d~•(a,dants, and that such
re~rs, prolits, income, iswes and revenues sha~; be appl~ed oy such Receiver accord.ng to ±he lien or equity oE sa~d MORiGAGEE ar~d the prac!ice of such
Gourt.
8. io du'~, prompf:y aad fuily perforrn, d:s;harge, execute, effecr, com~le~e, cor*,pl f w;rh and abidc by each and every the stipu!alions, agrecmems,
conditiona and wvenants in sa~d prcmisso~y nc~e and tn:s ma:~gage set fortii.
9. Tnat in the event tFe ownersh::; of ~F.e ~norrgzged pre~nlses, or a~,y p~rt thereof, t_co•r.~s vessed in a perxon otf,er than the MGRTGr+GGR, the
MORTGAGEE, irs s~~cczssera and a5s~^.;~s, .~ay, ~v:rho•;t ncr~ce to rh~~ ,'.•.OR?G~OR. dc•ai ,.~!h c,,ch successo% or suco_ssor ln ~nterEgt v,~th reference to ti,is
mOr~adye ard ihC deot f•~.er~hy Sc'cvred in tr~e S~^~:e n'~anner as ~~~~ih :1Drt~a^yo' v:~thput in any ~vay vi~~.ating or ~ scharc~in~ thc' 1.5~rty~gor5" Ii3Lility hcre-
ur.tier o~ ~FOn t!~e dc6t here~y secur•.;i No sa'a oi +t,e ~•e:,;s_~s her~~b; mertqzged ar•d no forocar~~u_ co tFre part oi the ~'.pRIGi,;~;E er irs successors
or ass;gr.s an~ ?o extens;on of fh~ r!rne fcr !i,e payn t;:t oi tt..= ce:.~t ~;•:~~by sew~ed g~.:n by tne t:.OR?G~-.GE: o~ 1rs s~cce;sors er ass gr,s, a~iaii opera'e
to re!ease, d~scha;ge, mod~fy cha:~ge cr affec! th~ orig~nji I:.~u, ,ry of tna MGRiGRGQR here~n, e~the: in whoit ur in part.
10. !t is spec~fica!iy ,~greei! rhat ti ne is cf tt,e esse~.ce ef this contrzct and that no waiver of any et':yar on hereunder or of the ob!~gafion se-
e~red hereby sha;! at an~ ti~~e ti,erFafrer b~ };~iJ fo be a vi.:~aer of rhe tern:s h~rcof or of the instru~:ent secured heroy.
1). In -:i:i!.~~ tae ?~,rc~e 1:, ..,~s of f-i:'C:i3~ ~lr:••,-5~ e_,. r,d L•y tt,e ~~•o,. uc~y r,c ~ s.:~~<d i;,,..h;, ~,.o•r_~;:;~r eovenan!s
and agr~es te p~y !o c, y.~~c~~ ea.h ~..~~vh~y^ ;,ay- ~.e~;i a•~ ~d~. ,~n~l gU,•, ~q} c1 oi r,•~•!~.~g-~., to L•~ ea_~~I ro 1 i2 ci t~ ~ost ci the foiio.ti~-
iiig;
A-rell rea! prope»y tax-~s I~•:;ed or assessc~d ay~i~~s! t, _ ai,ov~ de;:~ .,cd r~ai PS'd'B.
6--Fr_~„',,-rs on fire ar~d wicdster:n ins~~a .e as ne~e(n req~ red to b~ car;ic ~ e~, tne Im;:ro.e-nents ..suatc or. t',e eF;o~c d_sc,,;,:_t'. F•c.rn~ses.
~-Prc-n•~~:,s on ~uch n•,c;rqs,- 9varznry ir.sv~e~;. es mc•t~ag~e sh3'i frc- rr. ii,,c d~_e:-~ fit ca~r;: on t%~.e c~n sewred herc~b;.
hlcr!_r,a~,e sh,. '~c~n t;,.~ tc +^'c _ i~ r„rt,.;~_r :n v.r.t::,g of ~Y~e a- o:;~~t d__ a^~i p;~a1~!e !?^reund,, s,yd s.:h su~ s~:~'I t',~ eupcn be due acd
p.syaL~e Oo 1.,. _ Of th~ r.~.t n, ~:ren! a~~~1 e.:c1:. _..CCe55 ve 0~~.!f: ti,e.eat?..r _rt~]^y_~ .F~,.:~1 cG'.f~ n~~ .._~..~pr O~ cf!ar,~e in Svch
~rpL~Jp1. SUCFI 5'.:~cs 5! a~~~:'ied t~y .~..~r'aa,~':e to::,3~d . oay•rc•-' of r••_i prc::~•t~ .axcs. ,in5~'a Hrc...~.. ~~,5: a..d r3;q~. ~u~rcr.!y in5urar,ce
premiums.
iN YdITNESS :':HER~OF, ;he sad f.1,^k?G:-G^F, i~.as hcre;~to se! h;n~ and se~l ;h.~ d:~y an~y'aar first are sa' .
ne , a!ed del' ed ' he presencc of: J~
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STA?E OF FLORIDA
St. Lucis S'~
CCUti7Y OP ~ I '
Before me p?rsonally dFPea~ed _R~Cj.~.e~ _G~ rr8sC0~t _ ~
- - - a n..
Dnrn~.~~_P~+E3.9-G'(~-~s~r his w~fe, !o me •xefl kncwn and k~:~rln to me to be
the indl~.id~ais descr,~_•d in ar.d who executed the foregoing inatrument, and a:know!edgcd before rr.e that they executed the same for the purposes
therein expressed. Ard r~e sa+d__.-__ ~jA~a~~~~ A 'D++~+
--~r~-r~-vaz9-~-~'r------ - -
w+fe of ~he sa d_ ' D,.,,~,,~~
- - -r.~s-,tf-vV~-~r------- vpon a separate a^.d orivat~
exam:nat:on by n~~e taker s^parate ard apart from her sa;d husbanci, ackno~Nledged to and before me th~t 5he exea~ted sa~d ~ns'r,,~-,.ent free;y and vo;~n•
ta~~iy and w:ri,out am~ com.p-_~;s:on, censrrairr, ar.p~ehe~;:py~or fear of or from her ,aid husband. '
w
'1lIiP~ESS my har.d ar,d ofti~l3i seal this_ t~ dey ef_____ ~ A. D. 19_~~__
Notary P~bi n and {o! ;~State qf florida at Large +
My Comm~s ~on expi~es: ~
//G~
Ret~rn To: •
F;rs! Federal Savings 3 Loan Rsso.iat,on P:0'.'ry f=UC".' S,! ~tt b1 F:^r ~s! ~i I~?~QC?
~f'For~ P e:ce. F.'~, s,~ r~:_ Ac~. :957
EocL.QM1~rf.l; FiW;'da '~Uf'~r~ _ ..~I~:_..~iil :~a1t+i:s;i.C. Cii ~y. ~~s
. , , , ~l.,. .
_ . ' ~ FICED ANQ RECORDED . ,
- I ~f 8 0 p ~
. ~ - .
" ~ - '6~ ~ p~ _ ~
: ,~~F 33 -
,~•t1 i ?lf:.~ ~
RUGcr~ ~ R,;;. CL~RK .
~r• LUCfE COUNT'Y,
FLORf D~ ~~:~„c
3~~~ 1~0 2~.