HomeMy WebLinkAbout2895 3. To plece •nd tantinutwsly ktsp on the bui'.dings now or hernafrzr ~tu3te on sa;d tand and on 3:, •,q:;~p~r~znt a~d perso~aliy co~ered by ~hc~ rr.orrg-
p~, with ~I) pramivrns thereora paid in full, iire ins~ra~~ce in the ~wai standard po~~cy forin, in a s~a 3pproved by the MOR'iG.aGF.E, and wind~torm
inwr~nc* in tM uw~l stanclard pol~cy form, in a sv~n approved by the MORTGAGEE, in such ;ompany or c.mpanies ea the MOATC,AGEE may
ditte~; a~d all fir~ snd windstorm ineura~te polic~es c+~ any of s~~d build~ngi, any intereot therein ar parl thereof, in the eggregera sum ~fo~esaid o+
lt~ ~xt~st tMroaf, ~hall coritain th~ usNal ~tandard mortc~agee tlauae or such other clause aa the Mo~tqagee may requ:re, mskin9 the loss ~nder se~d po~~
tia, eacfi a~d we~y, payabla to said MpRTGAGEE as its ir~~erest may appear, and each and every auch poiicy shail be promprly a:~ gned and da~~vered io
~ny held by faid MORlGAGEE ~s further security to said mongage d.bt, a~:d. nof less than fen (10) days in advance of tha ezpireT~on of eath pofity, to d~-
liwr to uid MORTGAGEE a mnewal thereof, togethcr with a receip~ for the premi~m of such renewai; and th~re shall be no f~re or w~ndsto~m insvrance
plsc~d on a~y of saed buildings, any i~icraat therein or part thereof, unless in ihe form and wi~h the loss payable as afo;esaid; and in the eve~t any sum
of mon~y becomes payabl! undrr such policy or policies said MORTGAGEE shaH have th~ opt~on to retcive onJ app!y the same on account of tne indebted-
nlff tbcurld hRreby or to pMmit said MORTGAGORS to reeeive and uae it or eny p'r..•t the:eot tcr e7iwr pur~ csrs, v.:tl,c~t the~~::~ w~~vin~ er nr,pair
iny eny equiry, lien or right under or by virtue of th~s mo-!~age; and in the event sa,d MORTGRGORS shall fo~ any reeson fail ro kaep the sa~d prem~ses ~o
inwrod, or f~il to deliver promptiy any of seed polkiea of insurarxe to sa~d MORTGAGEE, or fo~i promptly to nay f~~i;y any prem~um ther~for or in any
rnpttt f~il to perform, diacherge, exec~te, effetl, complete, comply wirh and abide by th~s covenant, or any part hzreof, said MuRTGAGEE may place eno
p~y for sueh insurenca ot any parl thereof without waiving or affectieg any opt~on, lien, equity, or right ur,der or by virtue of rhi~ Mortgage, end the
fuil ~mwmt of each and ~vsry wch paymr.m shall be immediateiy dve and payable and ~hal! beai imerest fran tha date rhereof until paid et the rate of
nine per esntum per snnum ~nd to,ryether with such im~rest shaii br. secured by the lien of th~s mortgage.
4. To ~rmit, commit w suffer no waste, impeirment or deterioretion of said property or a~y part thereof.
5. Yo pay all and siryular fhe costs, charges and expensea, including a reasonable attorney's fee and costs of abstracts of titie, inc~re~ or paid at
any time by utd MORTGAGEE, because or in the event of the fa~l~~e on the oart of ~he sa;d MQRTGAGOR to dufy, pro~nptly and fuily perform, d~scharge.
execute, effett, Zpnpiet~, eomply with and ab:de by each and every the sripulations, agree~~~enfs, conditions, and covenants of said p~om~ssory note and thla
mortya~e any or either, arvd said costa, charges and expenaes, each and every, sha~l be imrnediately d~~e and payab!e: wherher ar not there !x notice d~
mand, attempt fo colletf w suii pending; and fhe ful! amount of each end every s~ch paymem shall bee. ir:~erest from thr date thereof until paid at the
ratt of nine per tentum pet annum; and aH said cos~s, charges arid exc,enses irxurred or paid, together w~th suth interest, shail be setured by the lien of thii
mortpage.
6. That (a) in the event of any breach of 4his Mortgage or default on th> part af the MORTGAGOR, or ~b) in tha event any of sa;d sums of mcney
herein referred to be not promptly and fully paid within thnty (30) deys next alrer ~he same aevera!ly become d~e and payab!a, without demand or ~ot~ce,
or (t) in fhe event each and every the stipulat~ons, agreemenrs, ca^.d~;ions and tovenanrs of aa:d promissory note and thSs mortgage any o~ e~ther s~e not
~uly, prtrmptly and fuily performed, d~scharged, executed, effected. completed, compi:ed with and abided 5y, rnen in either or any such avent the said ag
yregste sum mentioned in aaid promissory note then remaining unpaid, with in!erest accr~ed, and ail mor.eys secured hereby, shafl become due end pay~
able forthwith, or thereafte~, et the oprion of said MORTGAGEE, as fully and comple~ely as if all of rh~ s3~d sums of money were or~ginelly stipuiated
to be pt~id on suth day, anything in said promissory note or in this Mortgage to the contrary notwit!~standiny; and rhereupon or thereafter at the opt~on of
•aid MORTGAGEE, witho~t norfce or demand, suit at law or in equity, therefore or thereatter bag~n, may be proseculed aa if all moneys sec~red hereby
had matvred pnor to its institulion.
7. That in the event ihat a! the brginn~ng of or at any time pending any su:t ~pon this Mortgage, or to foreclofe it, or to reform it, or to enforce
payment of any claims hereunder, said MORTGAGEE shall apply to the Court having jur~sd:c+~on thereof for !he appo~ntment of a Receiver, such Court shail
forihwith appoint a receiver of taid mortgaged property all and singular, incl~d ng a'~l and sinyu~er tt:e income, prof~ts, issves and reven~ea from r.hatever
sourte derived, each end every of whi~h, i! be~ng expressly vnderarood, is hareoy mortlageti as if spec~f~caliy set forth and dest~ibed i~ tht granting and
habendvm clauus hereof, and such Receiver ehall have a?I the broa~i ar,o effec~we funct o~s and powers in anyw~se entrusted by a Cou~t to a Receiver, and
wch appointmeM shall be made by s~ch Court as an admitted equ~ty and a matte~ of abso(~ie r~yht to sa~d MORTGAGfE, and without re`erence to the
edequacy w inadequacy of the value of the property mortgaged or to the so:vency or ;nso:vency of sa~d MnRIGAGOR o~ the defendants, and that such
ranfs, profits, in<ome, issues and ravenves shall be appiied by such Receiver accord~ng to the lien or equity of said MORTGAGEE and the proctice of wch
Court.
8. To duly, prompt!y and fuUy perform, discharge, execute, effeU, tomplete, cor,ply w~th and ab;de by each and every the stipvlations, agreements,
conditions end coven~nts in said promissory note and this mortgage sc-r forth.
9. 7hat in the event the ownership of the mortgaqed premfses, or any parf fr~erecf, becomes ves?ed in a person other than the l.AORTGAGOR, the
MORTGAGEE, its successors and assigns, may, without notiie to the ~b10R7GAOR, deal wirh such s~ccessor or svccessor in irterest witP~ reference to thi~
mor!gage and the debt hereby sewred in the sarna manncr as with Mortgaga w~thout i~ any way vis:ating cr d~scharging the Mcrtgagors' liabiiity herr
vnder or upon the debt hereby setured. ~lo sa!e of th<_ { remises hereby mortgaged and no forbezranc~ o~ the part oi the MbRT(iAG~E ur its successcrs
or assigns and no extension of the timz for the payn,ent ot the de6t hcreby sec~red given by the ':,ORTGAGEE or ;ts succeuors ~r assigns, ahall operate
ro release, diecharge, modify change or affect the oiig~nal lfau:iity of tt:e h',ORTGACyOR iiereln, either in whoie or in part.
10. It is specifically agreed that time is of the essecce of this contract ar.d that no waiver of any obl:gat:or, hereunder or ai the obiigation se~
t~red hereby shall at any time thcreafter be hc!d to be a v+aiver of rhe terms nereof or of the ~nstr~mem se.v~ed 'ne~by.
11. In add~tie? to the forega'rg monthly paym~nts of pri^, pa! and int;rest reacir=d by the prum';sory no'e secured hereby, mort~agor covenants
ant! agrees to pay to mo:tgagee ~nith each mon~h~y pay„~ent an acd•~%onal su~~~ es~ ^~ar~d b~ morty,nee ro bz eq~~l ao 12 of rh~ a:inual cosr ef the foll~x•-
ing:
R-All real property taxas ;ev~ed or assessed ayai•~~s? the a'r,ovz descri~~d re~a! es+ate.
B-Premi~ms on fire ar.d windsto~m insurarce as f~erc~n rcGu~red to be ;arr{ed en the irn~:rovame~ts s:'ua'c on t!,e abc•+e d-sc ~6ed premises.
C-Prernluma on such mort~age g~aranty ir.suracce as ~rartgagee sha'1 frc.r. t n•,e to tirnr deem fit to carry on the loan s^c~red hereby.
Mortgagee sha!i from time to time not~fy mcrtya~er ;n writ~r.g of the ~--•ou~f do~a ,~r:d payab!e hereundcr and s~ch s~r, sh~ii ti~~reupon be due and
payable on tne due oare of the next month;y payment and e_ch suaessi~e ~~o~~fh ri,e;eaf~.r u,:tii mortgagee shail rot;(y mor.ga~or of a change in such
amo~nt. Suth s~ms sFall be appiied by mor~gagee toward ti~e payment of reai pro,r.er?7 taxe5, insurano^ pre:n;ums, and fT10tR33~e guaransy irsurar,ce
premiums.
4VITNESS WHfREOf, the said MURTGA.GOR has h~reu^to set h~s har,d and sc~al the day and y frst afor=_said.
i ned, 5~1ef! a: eli rod in the pres ce of:
~ , (5ea1j
al)
- -(Seal)
- (Seap
STATE OF FLORIDA ~
u.
COUNSY OF ~-~T ~j,~iig - I
Before mr peno~ally appeared ~ I.E OIl B_ HEf°f'.p:~,f'~g$z____ ~ ~ and
_ ~g,1B21 R~ ~fl ~,yE1f~Z1$E2' _ _ his •~r,ife, to me we!I icnown and known to me to be
the individuefs described in and wha executed the foregoing ins?rument, and atknowledged beFore me that they exec~~ted the same for the purpases
therein expressed. And the •aid- _ _ HBZBIl R_ ~Ef~E:1f~_~g~'r _
wife af the said _ 1.@_QII B_ Heffelfinger _ upon r separate ar,d prvate
eramination by me taken separete and apart from her sa~d husband, atknowledged to and before me that she exec~ted sa~c~ ir,strurnent free~y and volur,•
rariiy and withouf any compulsion, tonstraint, apprehenslon, or fear of or f:om her said husband.
WITNESS my hand and officiat seal this 1~~'! _ day of r.~T11.~.~_.~ A. D. 19~1~
C.~•?'
~~r"~.r_~_
~ D~. ~ Notary Piib~rc in a~d for the State of f:orida et Larga
F~~ ~ ~oo~1y Commission expires: ? r g
Reru~~ 70: ~ryY publ;c, State ci Flartda a. ~a ~
F;rst federal 5avings & Loan Association M1~~a ~m,r, 5; cn `"Y;`'ras VN/• 3. 15"
, J ~ t~cdt4`-~~r~r~l yp, o; iv. Y'.
Of Fort P,<rce. ~ . Bo~tded y Ame : t,,f
' I Z
Foit Pierce; ~~lori~~' J:~i~~ ~65 ~U~ ' ~ ~ ,
' .1...3'~',3 l t~ ~ ~
,
r' ' ' CI.ERK '
- ROGEH POI~~RAS. ~
= ~ y - _ ST WCtE COUNTY, ~ . ~ .
- E ~ ~ Fl.OR10A
- .
. r-t
' .
~
'~r,J' . ~ O R
g~x ~'.2 492~~~-
- - ~
4er~s''d
_