HomeMy WebLinkAbout2105 3. To place and contin~ousl~ keep on tF.e b~~ eLn;~s nc.. or f rre~fter s..te on sa d land and on a~; equ+pmeM and pr•~onally tevrrzd by this mong-
ege, w~th all nrerc~~un,s ihareon F~a d.n f~i!, }~re ~ns~r ,n tn_• ~ s_s~ si.,;•.^ ,cy torn,, in a s~~m a~:proved b~ the MOK~v~v.c, e•~d v.~rd>to~~n
inwrance in 1he ~swl standard po-. cy fe~~n, in a s..~•~ ro.~:l i,; rhe ,11JR7G~GE~, in w.-h co~,pa~~y or com~,ar.;es as thN h10RiGAGEE may
direcr, and all li~e and w~nustcim ~ns~~arcr {:o c„-s ~e:~ an~ oi sa d bu~'d ~gs, any interes~ there~n or f~a~t thereof, in the agg~.~ca~e a~•m aforzsald or
in exces~ thereof, shall contain ~he usva! sta ~dard ~ c'.~use cr s~.;ch oiher c~~use as thc Mor!yageE rnay req~.re, maA~ng ri~..~ ;ess und~~r s+~d po:i-
e~es, each and every. Parab'r to salJ ~11JRil;AGEE cs ~rs ~'r,sr may a,:pear, and each a~~.d e ; svci~ sha;t be pron.p!:y ast g~rd acd de ivered ro
eny heid by sa~d :"ORTGAG~E as fwth_r s:wrlty to sa,d ~.,rf~:.~~• d<ur, and, not less than ~e,i`~;,0' ci~,s ~n :,:l.a~,ce cf ~i~e e~~ e.,t~~~:i oi ~rach Ho:,,~, t~ d<-
~ive! t0 sa~d MQRiGAGEE d f?rewa~ fhereof, to.32~hdr ~n:!i~ ~ r~cc 'to: the prr~'~~um Gf wch ie~+r.v~ ;,~nd 1herC She:l 1~ ne 1~~C G! ts "..iitc'in in3~r.~nce
placed O(1 any of 5.1i(~ bu~~C~~r~75. J!ly i~1fCfESI ih~tC.~l C1f t~'.•I thi:.•~J~. u. C53 ii~ tf~~ ~O~i~l 3!~C~ V.,!~1 1~ i ~CSS fyof~~e ~5 ~~'.',~C~Sd~i~; 3r~(~ ii~ !he ~~'.c .1~~y Sv~n
of money becomea payab!e ~nder s~ch E;oi~cy or poLc~ez sal:1 .'.10kTi~%,GE= sh.~ii have ~hr oF~~:on ro rcc_~I.~~ ,~nd ap;,:~ tl:~~ san;r on ~i,~o~~ t eE ~he- ind~~t.~r~l~
ness secured hereby or ro pennir s+:d tA.ORTGAGOR~ ro rrcci~e a~'d us? it or ;~:,y p:~t !n •r••of t.,• utn• r t wF~i~•s t!~~ ~ r
ing any equ~ty, lien or r~ght unde; or uy v~rtue of th~s n crt~3g~~t a~~d in the e~~~nt sa d h10RTGAGORS sh.3i; for any rcazon ia~l to k:e;~ ihe sald ~re,n s;s so
insured. or `ail to deiiver pro~nF~tiy any of s,~~d {~oi,G..s o`, ~nsu~ani.~ ~o s~:d ti10RTGAGtE, or t„~! p~o:rp!!y to pay f~'ly any F;:e ~~~'n th~r~~tor or r~ e~~y
respect fail to perferrn, d~5charge, execute, effect, ca~~p et~~, Co'.rly xith and ab~de by th:s Covenant, or am: po;t h.reof, Ss~d P:~.~~~1G:~GEE may ~~.aca a,e
pay for suth insur;~nte or any part thereoi w~th~ut waiv~cg or aflrUing any oJt,o~, iien, equ~~y, or r:ght unc!ar er by virt~e of th~s :N.ortg.rge, and thc
full ameunt of each and every s~ch payn,~~,v sh~lt b~ i~nn:cdiate!y due and payab!e an~l sha;! bear inter~st fiom the data therrof unt~; F~~,d at the rate ot
nine par can~~:n per arnu:it dn:l io~_Ii~.r •nrtfi SuCii ~.,._~.:5+ chi:~ 5;c:.re:~ ii~ ~~C lien of tf~~s mOr!gd~e.
4. To petmi!. commi~ or suff~r no weste, in pa~rnrnt cr c1~t~•r;or:,t~on of s~~cl Hxoprity or an~ part thereof.
5. To pey alt and sinyuiar the costs, charges ard e.ca;~ses. ~ncluding i reasonab!e a!ter~~: ~'s tee anJ ces!s of absrricts of title, incurred or pa~;i at
em/ time by said h1GRIG~G`_E, bCCaus~ cr in ihe eo'e•~.t of th•_ fa~`.~~ra on ihe cart of the s~~J ~'~!'.`n'ivAGCR to duly, pron?priy and fu~iy p~rf~.rin, d~scharge
axec~te, effeu, co~np~r~e, comply w~ih acd a:~ dr by e.~~i, ar.d e~ery the siip~'ar.ons, d~fc~'~~~e~1f5, Cvcil:r.ons. a~,d covcna:~rs vf sc,~d p~o ~,~ssc:ry ~~ore a~ d fi ~s
mortgage any or c~~f~er, ard sa d[osts, chargi: a~~d e~E~n>~s, t•~ch .~id every, sha;i ba irn~n~cl e,_'; ~nd payaile: nhether or not thara La r.~~:;~ r._•.
mand, attempt to co;l~~ct or swt per~d:ng; ~nd ~he fu:l a ne~~~t oi each a~c~ ever; such p.,;:r:ent sf~.,l, inreres+ from tne datc t1:- reof unri! p3;d at tne
rore o~ nine per c~~ntu•n F,er an~~~.n:; :~~i s::;d wsts ,:~es a~• e~.z_s :rw~red or paid: toyeth~r •.v fii s~ih interest, shall be secured by the i~en of th,f
mortgaqe.
b. That ta) in the event of any L:reach of tn;s .'~1a ryage or defau'.t on rl,= part of tF,_~ h'.ORTG..Gi`~R, or :.b) ~n the event any of sa d s~~~,~s of n;oney
herein referred to be r~o~ pr:: n~ y aed fuliy t:a d::,t~. ~ ih.rt~ 3J dsys n<<• a.t., tf~:; s:, ~•c s ve~a :y ~oco ur due ar..i pay:;UlE. ~vitt.o~t do~na •d or n~'Ice.
or (c) in the evenr each and ~v~~r; the 5'iE~u ;:~1^.ns, a~r•_en~en!s. io~ ci.r,o~s and covenan!s o' sa c± p'e'n~=sory no:e and th,s mortgage any or e ther are noi
~uly, promp!ly and fu;iy perfer:ned, d scho~g^d. ec~~wt, d. e'fc•;R•J co epicted, cw'•~~~.ed v.~th ard a:. d•. d hv, ±hen in e~thar or any Such event Ihe sa d ag
gregate sum mention_d in SJiQ pro~n~zs~ry ~ th;n re r~:n„~g vnpa~J, ~vltn l~tera;t ~:~ura, anJ ~ I moncys secured hereby, shall :.ecoi~u d.~e ar.d pay.
able forrhwirh, er thereafter, at the c;,'~cn of~s~,d :tJ<ivr+G:E, ~s fuuy and co~r~p:rte'y ~s if a:: of i!~~• s,~d s~ms of money were or:g,r.a ly st pu,ate•d
!o be pad on such dar. a~;ythii~g in s;d pron,sse:y ncre or ir. tF:s '.1o;tga~~ ro ~h_ con!:a~; r.ot::~tF:stand,ng; ar.d thereuy~on ur thereaftrr at ?he op~.on of
said MORTGAGEE, w~tho~t nor:ca or de:t:and, sult ar law cr in eauit~, therefcre or theresirrr bc~vn, may be prosecuted as if ail mon~ys secured hereby
had mar~red pr;or ~o ~ts insi~rv~~on.
7. That in the etienr that at thc b_~~inn ng of or at any tune pc~.d~r g any s~ t upon ih~s hlortgage, or to foredcse it, o: tu reform :t, or to enforce
payment of any- ciaims he.e~~,d~r, sa~d t.1J~TG.~GEE sha:l ~ ro;h~• Cc„r~ ha:~~~g ~ur,sdc.~en tt:_:_ct (or th: appo~nt:nent of a Receivar, s~ch Co.,n s~a~i
fortnwith appeint a rete~ver oE s:ifl ~..ort~ag,d prop:;rt~ a!i and•sin3v;ar, i;~c:~d ng .i~l a~,d s~n a• t~~e incon:e. {:rof~ts, iss_~es and rere~'..:ez from v.~hete~er
source darived, each ar.d every o~ ~tii~ c''~, it ui~~~:y zxpr:ss'y end_.rs~,.~:l, ~s h~,rruy n•or*gc~.;•:.: :,s s~.er.i,ca;ly set ferth and d_•scr,bed in the gram{n~ and
habend~m c!auses hereof, ard suc`~ fcrc~~ve. sha hav_ a;+h_ ir::a:i a.d ~f"tecr:vc fu~,.c~ c,s ar,d Fu:.ers in an~,w~sc entrusr~•d 'oy a Co.r~~ ?c a Recei.e~, a~,d
s:,.h appoinime~it shail be r:,ada oy s.:cn Ce_~~t as ann ad ~.~~r~d ~qvit~ acd a rratter ci a:;>o vte r'.yM ro said MORSGAGEE, a~d v,itho~t reference to the
edeq,,acy or inadeq~acy of the va!ue c+ the {.rererty ir~a~rg,ge•d o~ to tiir sovency cr ~n_o..ency o( sa!d MORfGAGGR or the di~e~;uanrs, ar:d th,r s~ch
renrs, profits, inror:ic, iswes ard revenu_s siu,l be app,~ed e:y s~ch 2ec~_~~~r cccord,~~y t;, the ~len or eyui!/ of sa,ti MORTGAGEE and rhe p;a;,t~ce of s~ch
Court.
8. To du!y, prompt;y and fvl'y ce~{orm, d~sch,arge, exe;utc, effrcr, complete, cun;ply w rh and ab:de by each and every the st~p~lations, agrecrnznts,
conditions and co+enanrs ~n s:, d pro^,issor~ ncre and ~h s rn~rr~a:~~ s•~~ fur!h.
9. That in ihe event ~he ov~ne:sh~p of the mortgaged F,reR~lses, cr any part tne~ec!, Lr~omes vested in a person ofher tha~ the M~P.TGAG~R, ihe
MORTGAGEE, ~rs svccessors ar.d as~;?ns, may, w;~F;~.,~ r cr~ce ro r1~_~ !.:OR7~,HOR, deal ~~,~~h s~:h wccessor or k;ceessoc ~n ~n1e:e5i v:irh reference tn ;f;;~
mortgage and the d~•bf t,craby ;..,.~rcd ihe 5a-re n~3r,~~,~r as w~'h .rr3ago~ •,ra~!ho~t in any way vit!ating oi dscharging the f.5c~tg~qor5' tiabi:.ty h~re-
under or upon !he d_tt herebi secur_;i. P~o sa e of tt.e Fre~~•IS-~~ 1~:.:•~b; rnc~tyaged zrd no forbearan~e cn the part eF the 1+10RTGi,v;E or its svciasscrs
or ass gns and r,o exters~on oi :he tIn a ror ~h_ pay ; ut r...: d:~r i;crr';,y s~~cure:S y~:rn by tn~ hti7RTG%+GEE er ~rs successors er ass.gns, >:ia;l ~,~erate
to release, discharge, mod~f~ change cr arfecf 1h~ or~g,n:,l ii~:~ ,:!y of the h'.OR:`vAGOR he~e~n, :,thrr ~n whote or in part.
1Q. It is spec~ffcsliy aareed rhsr r~~ne ls ef th.. essence ~f thls ronrrct -nd tha; no v:a~ver of any ob~'gat on hereunder or of t4e ob.`igalion se-
Cured hereoy sha~~ af an~ tin,e ~heraafter be h~:~ ro b a v:~iv~r c~ tha te:ms hereof or of the i•,srrv•:,~nt src~red herby.
11. In ;Jd t:~ ,•o rt,e ior_, o~ , ~ r_. s c` , ~d i r~. rsqo!r:d by ~h< <:~c:~ nc ~ s:c., cd h~,,,bl, ~r,, +~~~cr cevenan~s
and ag~ees ro pay to ~,o~tg,y.:e .r., •h e ,''I L, r, c, r, ...,~3 s.. , cu F~; o•t~ ,p.~~ to be E(~JJ. tD l, 12 oi tl,~~ .:a: c~st oi the fe;!o~-
ing:
A-All real F:rCp_ r~ ?~x~5 le:~_.. or asst=..-..i .-s~ ci.:;-~~~..,d ,.3! es.'r,te.
B-Pr~^-:„ r,s on f~•e a~,o ~.dsr:.. .~,s_ .~r ,•,q, ~ed ~o b~ c" :.•~v:.~,.~~~s s ru,3r.~ on t`,_ abo~a dcs:• bed premises.
C-Pre:n~u" s er~ _•.:ci~ r~.~-+y;:ye 9~~~a,t~ ..~a .~s , r_ si~3 ~re _ d~~rn fit +e cury on the ,:an s^c.:~~ i her..oi.
- ~+1,ortg;.3~e s~ _ . n rl fo _ r,,. , _ _ . , g cf fhe , o. ;rd n:;ai~le hereu^dr. -nd s.,ch s.~ sna ti~_ ~pcn b~ d.:e ~~d
Fayab'e on tn~ d., ~oa~ ~f r~~ ~ tir . ~ . :i _ .~i sr,c ~s:. , ~f.._ ~-.r; _~•rq~ ,.e qh_'( ~,n1,ly ~ _ :r . , cnargc in s~cn
dmounl. Such s~^~s S''a.~ be a,,:J ~y :,r;g _f F.~,: ~ oi r_5 , i;s.,.. .,pren.u~~s, a'~ r.~:~'~!~e g~~*dnty ~.s,'s^ce
premiums.
IN \YITPJE~S ~RcOF. tf,.e sa'd .'.'GR?Gi.vC%: f~s Fcre:~^'o sc! fi~s h~rd a^ : se3: +he dr.~ ar.d ye ~irst aforesaid.
_ S~gne Sea d a d z'.ered io rno presence cf: J~/ /
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~--i-:~6~+-sr-~-~~-`--~~-''-~- ~ } ~.7 ~ ~ ~ ~ :;F I` L v R ( t~_.i ~ - ,~~t"-f~4~-=-`Z~L~~~L?~-~~----__.__';Seel)
° v h DOr.UM~NT%~^:•_ S1i1i~1P 1 ~1X -------',Seal)
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~ ~C~-;'b5 - _ ~ ------~_(5eal}
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STATE O~ FLOP.IDA (%1 C.=~':T~~ r'~ ~-j~~ w I~ Q'-
ll K 19: 3
COUNTY OF a-'-~--- ~ - ~ ,
~ ..,V„cr ' . . .
Be`ore me personali~ appcared end
_ - - h~s w~fe, to me we'I knawn a~*d known 40 ~e.-to 6~
tF~e individuzis descr~b~d in ar:d .~ho exec,;ted th~ foregoirg ir;trumen~, and ackrowledged befere me tFat they executed the same fo:_ tfie pir~oses
Iherei~~ expressad. Rnd th= said - - - ------~y__ , ~-n ~ n --;;-,~Y~-"---
• 1 r` ~ .
wife of the sald _ y-- upon a_s~aerate and p~rva'e
examination by ~_~>rer, sesa•ate and zpart n her sa d h~shand, acknox;edged to and be~ore m? that she er.ca~'ed sai~ insiruhtent f~e:ly a~.~ +olun-
tar~iy and wltho~r, any co~~.F;u'sien, cons?roln!, arprehens.cn, or fear of or from her said husbar,d.
t-
WITtieSS my har,d and offic:al seal tn s__ _ _ day ef__ ' r P•. D. 19___--__
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' ~~}.~L.i6~La..1o--- _ -
/ NoLry Pcb'1; in and for the State of F',crida at lar9e
/ My Cemm~ss~on expires: ¢ ~Z~ q~
Return io: . .
Firsr Federal S~vin~s & Loan Ass~,.~,.;n ~ ,ri~T.~,hY ~ URLIC, SI~•~£ G~ FLORtDA 2t L~R:;f.
Oi Fo'r P_'~.. F ~iA • E';hl":'i'ftn'.,1'..i~. I"';`~
Fort P~e~ce, Fior.d~ r. r',,,~v~ ~eC~~r
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J:/i--'~- I`1 PAYkcNT CFTAXES ~ ~ ~
pc - . ~ or- ',VA~_ PP.uPEnTY.
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