HomeMy WebLinkAbout1998 3. To ;slace end con~{n~o~:s,y k.,r~ c ' t, as :.~.ti or ne•r~trer sr,. c, + . , ~~P .,"u Ecrsonar,y covered by this mortg.
nge, w~th ell prBmium1 (hereon F.a d n fu:l, f c ins„r cc in t i~ vs_af 5':..i+, I r~ c~ fa n?. i~' ~ s:' ar~xo~'r~i, b~ t~~~ .1JR, .+vft. end wind3tOtm
inswance in tha usual srsndard po;.c~ fe•~n, in .~F.{~~c•~d t~ rhe t.1~RTGAI~:., in s~ch co~rf?n~ or ce nf'an:es as ~t.e h102TGAGEE may
tlir~_I; and ail fire and wmdsbrrn iniuranca (~0~~~~~~5 on an~r of s~~C~ bUi!CI.n45, a~ey interasl therein ar E•a~t :h.reof, in the aggregat~ 5um aforesa~d or
in exces3 thereof, ~hal1 Contain ihe usvsi stacc3~:d ;no~1 ;~qae c.+~s~. er su;h e+her c~ ~vse as th~ hlor!ya~~e may rrq~~.r.r, making rl+^ !oss und~r said poli•
Cies, eath and evary, payab:e to said ~1!~3RTGAGEE as ~t; ~n~c::st n~oy appr3•, and each and ev~•ry svth pc s!~a~i e. ~:romptly assgr.~d anc! del~~_red ro
nny he~d by sa~d MORTGAGEE as furrher sec~r~ty te. sid ~^o~i9.,~e d~~1,t, and, nut :ess N,an ren (!pt da;s .,;i:.~~~c., of ih_ exF~~ra+~on of each poGcy, to da-
liver to said MORTGAGEE a ~rne~xal ttierrof, tcgether •h:th a rcce~pt for the ,cre~rn;m oC s~ch rc~:ew~'; :,~:i ii~~rt r+al~ Ne no i,re or wlndsio•~Ti insuranca
plaeed on any of said bui'dings, any interest there~n or psrt tha~eof, v~~'es; in rhe form snd w~!h the icss p~~.+b:e ~s ufc•~esald; and in the rvent any sum
of money brtOmes payable under such policy or pei:cici said MOkiGAGE: st~~ii liave th~. ef;t:cn t~ rec_~~~: ..r:;l t'rie s~ne on ac:ou,,t of iha indebtrd~
ness sec~red hereby or to perm~t said MORiGAGORS r c~r~.r and ~se or ;:~y +>rt t ot ic ~ ~~i > ! `J ~'^P
ing any equify, lien o~ r~ght under ur by rirtur of Yhi3 mcr'yage; and in the event se d MOn!',i:1GOR: shi'~ an~ raas~n fa I lo keep the sa:d pfemises so
insuied, or lail to deliver premptiy any of said poi~cies G! insvra•u~ to sa d MORTGAGEE, cr i.~:l Er:~e.;;•:; to ;,ay f~'.iy any ;re tiicrrfor or in 3ny
reepecl faii to perform, discharga, exewte, eiiect, comp;era, co~n~iy wiih and abide by th s coven~nr, or any n.~;t h.icof, s.+~d MO~T;,aGEE may piace a~~o
pa~ fo~ wth insurance or any pa~t theieof w~thout waiving or affacting any opt~on, lien, eq~~:ry, or ri,~M und~:r or 6y virrue oi this h5ertgage, ar,d thc
full ampunt of eath and ~every SVCh E~ayn,ent shall be ~n-~mea~atety d~e and pa~ai~!e a~~d sh:3J bcar ~nTCr~s? irom ihe date tnercof um~l ;aaid at the rute ol
n~ne per cenlvm pet ar.num and together with si~:h inre:cst shai~ b= se.ured by the ii~n of ih:s mortgagc.
4. To peimit, eommit or suffcr no waste, impaim;cn! or deter~oraticn ~f 13iCI `c'ty or any parf rn~rcof.
5. To Fay all and singular the costs, charges ard ripcns-as, :nc~ud~ng a re~senab~f d1f0lnc'y~5 ie= a.~~d cos~s of abstracts of t~t'e, inwrred or pa~d at
any time by sa~d MORTGAG:~, betaus2 or in thc rv'r~:! ef !he fa.lure on the part oi :he s:::.~ h'.ORTGAGpR to du.y, pra~ Ntiy and fu'.iy pertorm, ~~scnarge
?~ecvte, effect, cemplete, comply w~th and ab'de ~~y each ar,d every th~~ s!~p:,~ar ons, agrc•:,n~c•~~!s, cor•dlt,e~~s, ar.d covenanrs oi sa~d pra~~isso~y note ar,d tn~s
,~,orrqage any or elrher, and s~.d cosrs, cherges a,~o e~epensas, ea,h and e.+~~y, shail be ~m,n~•d~ately duc and payaL:•r; wi~_rher oi not rhere 6e norlce de
mand, atte~npt ro collect or suit per,d:ng; and the fvil a~no~n1 ef each and e~or; >vch p nt sh~li i;ea~ int~r.zst from the d3te the~eof ~ntil ~a~d at the
r~te of nine per Cent~m p~r an,wm; ane' 31i said cost;, ci~ar9rs a^d cx; ~~r.ses ir.c~~rrcd or pa~d, tuyeth:r w~th such irverest. 5hall be secured by ihe lirn of this
mortgage.
6. That ;a) in the even! of any breach of this 1.lortg~ge or defau't on tF~ pa•t of thc ~.tORTGAG~R. or ;b) ;n the event any of sa:d sums of moncy
herein referred to be not promptly and fu~ly pa~d w~ihln th,rty ~3J` days ncx! atrc•r th,: s.+~e se~cra:iy ur•,o~ne due and payvb'e, vr~tho~t demar.d or nctlce,
or (c) in thz event eath and evary the stipu~a~~ons, zgreemeets, co.^.d~t;o. ;,.~;d corerar.rs of ,a d pro ~:issc: y rote and th:s rnortgage any or e~ther are not
iuly, promprly and fuliy performad, d scharg=d, exew~ed, eifec+ed, comp~ercd, co•npLed w~!h and aL :i,_d ~y, then in e,~her or any such event the sa~d ag~
gregate sum mentioncd in said prom~ssory n~'e tnen re~:~ain;r.g unpaid, ~vi?h in!cre;t accr~ed, and :+.i rron~}s setured hereoy, shali be:om< due and pa~~
abie ferthwith, o: thereafrer, at the op!~on of said MORtG~GEE, as ~uliy and cocip:etc:y i{ aii cf ii,< ;~:d s~~~ns of mcncy ~mere wiginal;y sr.pv;ated
to be ~a:d on wch day, anything in sa:d prom:sscry i;ot~ or ir, this hlortgaar tu th.~ con!ra~y nor.~;fhs!~~•d::~y; :,nd tl~ereu~:on or thcrea`ter a! th-r opt~on cf
safd MdRTGAGEE, w~thout ~or~ce o~ deroand, su+t at !aw or tn eq~~~~y, rh,ra(ore er tL~rea>r~r beg.;•~, n~a~r bc nrosea.,red as if a!! n:ene/s secured here6l
had mat~red pr:or to its institution.
7. That in the event th~t at the beginn ry of or at any t~~7~e F;cnd~r~g any c~;; u~~er. rh~s "1'0•~;>>~e, or to forecicse it, ar t~ reform it, cr to enforca
paymem of eny ctaims hereurder, said hiORTGAGiE shaif , pp!y to th•, Ccc;t hnvi:•g iur~sd,ci,on ,r.,o`. fer th~• ae;po~nt:ner.t of a Rece~ver, such Co~rt shaii
forthwith appoint a r2ceiver Of said mortgeged property ail a:.d s~r~gvlar, in;iud ng a,~ ~^.d s.~ c;,'ar t% i:~co~:~e, F.~ef~ts, iss~es a~•.d rrve~.~es fro~!~ w!~~tever
source derived, each and every of wh ch, N 6e~~.g expr:•s;'y V~~(:`_'f5'uCCI, i5 I-er•_::y rnrrr_~a ,•,;i ;s spec ~~_ai.> set fcr+h and destribed in ihe granting and
habendum e~auses hereof, ar.d such ~2eceiver eh~;i hav~ al! the tr.oad ar.o efiec!~.e iurc: c~:s ar.~i Fo:.e~s ~n auy.v~se entrusr:d by a Ce~~t to a Receiver, a:~d
such appointment shail be made by such Court as ar, ad n~:t_d ~:;~~!y and ~ c atter cf z!•sc~utr r gF,t to sa;d AIORTGkGEE, and wi;hout ref~•rer,ce te th:e
adeq~acy or inadeqo~cy of the vatue of rhe p~cp,r~y mortg-ged cr to rh~ s_.vc:~cy o~ :-:~c.._:,cy of ss~d MJRiGAGCR or the defe~~dants, ar.d that such
renn, profits, income, iss~'an~ rever~es shaii be ~pp ;ed by suci, Rcc_~.er c:ccorci ,:y w if.e lien e: ey~~~t,~ of ssid MOR7Gi+GEE ~nd the practice of such
Court.
8. To duiy, promptly and f~l!y pe~'or~~i, discharue, execut~, efie;?, cer•p'rte, ce~..;.iy h~~1: ar.d -ai,:de by each and every the stipuia!ions, agrEerieNS,
c~ndilions and tovenan;s ~r sa~d promisse'y ro+e ~:~d tr•.:s morty^~ge s_t fortn
9. That in the e~ent the owrer<_n'p eT the mer!gagrd pre~~~;s•_s, er c- part !i:: reo;. ::~co~~~^s vas+ed in a pcrson cther than the ~V,ORTGAGOR, the
MORTGAGEE, irs s~~ccessors ar.d d55 ~'~5, r?:T„ w!'ho ,t : et;ce to tha !AO'<TG ~OR, d~a; v.:!h s~cn SU.CC550: Of suca<sor in intcrezr w~ih reference to this
mortgage and the deb! heraby sewred in the ~arne r:;^:,~_~ as wr,h ',1~rsg~_or v::rnovt in a~:y ~nay vit;atin3 or dr,cha!q:ng the RSortgagors' liabilir~r here•
under or upon 7he debt hereb~ sec~~red. No s3'c c:i ~J ~r , s.,s h~~eo~ rno•fya~~~.^' a-d no ro~bear,~~ce on tht: part of the :',ORTGi~vEE or its s~~ccessors
or assi~ns and no ext2rsion of th~- tirne for the payn _-,r•o~ !%.e J~~i~+ h~-efy scc~r~d g~~vr, hy tne ;:,Jn'iGAGE= or its SuCCe5SDf5 0~ ass'gns, ~hal! opera~e
to re!ease, d~scfiarge, mod~fy cFange or aFfecr rh~ e•~g.n.:: ..r; ef t~? h".ORTGAGOFc I,ere~n, e~~her in whole of in par!.
10. It i, spec~ficaliy agreed tFat t~me is of t'r.e CSSc'~'.CC ri fn;c :e-troct and tl,at r~o •r.-a~:er oi any ob'~gat on iiereur.der cr of fhe ob'iyat~on se•
e~red hereby sha!I at any time thereafter be h_i~ to .~,e a v::,~:•~r cf ti~e tern s 1 ereof cr of tf~c i~,sir:~•~cct secu~ad h~_rby.
1 t. In aod r;en so tnu foregc r, j r,•on,'r•'i i'~y.•.:~•s oi , i ~~~d a_ ..-i o: thc• ~:•c .>cry rc~._ _ ~d h.~r,.'t;, rt~crtg,go~ eov~nanrs
and agrees to pay to mortgaace nirh each n.or,~h i p. . , ,red k,; t_ ~ tc t e e:~..,! fo i 12 oE i u;~~ :ost of th~ foiiow-
ing:
A--AIi r~al property tax_s leviee' or ass_ss:d ~g~i sr !i._ ai.o:: d_;^, ..d ,~a! est::!:.
6--Pro~r.;~~~s on f~re and wirdsto , ~r,_ c< i._ _ , .d to o_ ~ c •r~ _ _ .,~r cr~ _ ah.._ d ~b~d p~emises.
~-Pre:ricrns on svch n~or!~:~ge gvar3n?~ irsura, _s mo•!_;~;;cc. s`:3'i r~ ~.+e.:. . i:r to c3rrq on t%~e ioan s~a:rzd hereby.
M.ortgagee sha!I from tl~~a to t-- r,c ~f; n r.~;t r:~ ct th„ o c.., d E 3~ h ~ a~:d s_. . st:~ . tn,.~rc~per~ be dw and
_.rtr.::e.. ~h;'~ ro!;f~r `r o.!; :.;~r of a:hange in such
F3;~o'e on tna d~e oate cf th> c_xt •r.oct~ a,~d ...~t___ r~ .h ac._- ~ _ _
am.our,t. $uch su^u sha-~1 pe a;,p.~._d by n;crtsa~~:a: to:.a~:i tr~ ~.;~r.~:ent of~r_, p~cF:•.rt~ .~xes, ins~.;ra.•„~ p-~^' o:?~s, a~~J r~,cr!~~ye g~aranty irwror,ce
premi~ms.
(N VlITNESS 'i:N,REOF, the said h10itTGi.vC~ 'r:a; .._re~~c'o I:u h~;.J ..rd sc~~ tV•.o d~~~ ar,d year f~:s7 afor.,sa:d.
C"~ Signed, Sea d ard de ered in the presence. o!~
-l ~ ___(Seal)
C.T , ~ t ;
.l ----,5ea )
- -(Seal)
- - - _(Seal)
STA?E vF ~LORIDA ~
SS.
cour.rY o~ - --~t- Luc ie i
Before me personally appeared ~011T121V R___$)~$_~Z'~g,t~__- _ and
_ _____~~i$_~.,_~atri~~1~____~~~ his w;fe, to me w>il known a~~~ kr,oti•n to me to be
!he individuali described in and w•ho ezecuted the foregoiny in<trcment, and acicnowleclged before me that they executed the same far the purpwses
therein expressed. And the said_____ Mi2121~A J. ~Z'i&Lht
wife of the said ~_..__.__~~v ~_~Q~~~~e.____ upon a seoarate and private
exam`nat:o~ oy me taken separate and apar~ irc•n he~ sa;d husband, acknowledged to ar.d before me that she exew'ed said instrument free!y and volun•
ta~ily and w;thov! any compulsion, cen;tra;nt, apprehe~ns on, o fea: of or from her said h~sband. [
'NITNESS my hand a~d offiual seai this_ _-A~3~ d~y uf-----. JL1.Tle__ - A. D. 19 6j
~ ~ s
~ - -b~se."~- ~ - -
hotary P lic in and for the State of Florida at Lar~e
lrly Co m;ssion expires:
:(tQt.yrn TD:
First Ped~rii' Savinc_p 6 Loan Associ~lLED AND RECORDE/~D/~
~;p:.fort, F:c;r.e. ~p' ~^~._~-BVVK Notary Pub:.?r., 5tate af Flortda at C2rqe
~ ?~!y Ccmm ss on Exp rc, Aug. b, 1957
_"~o~r Pierte, f(Crida _ _ J J~~ E3ondQd By Nri~erica~ ~urQtyt~C,p. of P~. Y.
' i L~c,6c..r ~ 7: ~
" - , '&5 JUN 24 ~t ~ • J 1 ;
• .;~••,nv•`• '
. ~ . . .
~ `"J r - ' ~_~Ei~~~ ' . .
~ W ROGER rG{T~AS, CLERK ~ ":r ;
: : S'f. LUCIE COUN7Y. : . _ _ . : -
FLORIDA ~ ~
.
aooK 1~~ ~~s ~ •rti<
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