HomeMy WebLinkAbout2928 3. Tn piace and c.m;n~ouvy lzep on the bu:ar.,~s neN or her~jfte~ snu~re on ta~d !end and an al~ rqv;pnrm and personafly co~end by th~t morrg-
ege, w;lh aR pr~ n,~-ns thereon pa d:n fuN, f~re ir:sv,ance ,n ihe us„at ~~and~rd po'ty form, in a s.~~n a~;,ro~rd by ihe RSJR~v:.~;EE. a~~d w~~~ds~oim
;n~urance in ~he ~su.~l s+.+ndard Fot.cy fam, in a sum a~ proyed by ~he MORiGAGEE, ~n wch co~,~pa~~y cr cc~n~~an:~s as ~hr AtJRiGAGEE may
dnett; s~d all hre a„d w~ndatorm ~r.sw~n~~ ppt~c,ef on any ot ~~~d tx,ild.ngs, any inreres~ therern ur F~a~? 1he~cuf, in ehe ayg~~ ya+r sun~ atoresaid o~
in exccss thercof, shall :onra~n the usuat sianda~d mo~fgagee c~ause or iuch o~ha Nause as the Me~tgager may re:~u~re, n~aAing th., :o~s under s.~,J poli-
c~es, each aod eve~y, payab'e to sa~d A10R'.GAGtE aa ~ts interes~ mey appear, sn~ each and every svch p~~~cy ahall Ge pron,ptty nss ~~~cel a~+d de+~.ered ro
~ny heid by sa:d htpR/vAGEE as i~,nh~~ s~cur~ry fo ~a~d nw:tg3gr deDf, a:~d, nof ieas than ~en ~IC) dars in ad~ance ot ~he e.~.uaT,en of ~ach pol~cy, ~o dr-
Lvet ~o sa~d MORTGAGEE a renewal thereof, toge~hrr with a rece~pt for the premwm of svch rerrhal; a.~d ih~~e sha:l !r: no I~~e o~ ~r~~,duo•oi ~nturance
placed on any c( sa~d b~i!d~nga: any interest thrre~n or per~ thrreof, un!es: in ~he for~n and wi~h the +oss pay~i,!e as afo~es.+id; and i~i rhe event any sum
of money becomet payable ~~eder s.,ch pulity or pel~c~es said MORTG~GEE shail have the opt~o~ to rece~ve .+nd apF:'j~, the sa•~~e on acco~nl ol ~he ~ndrbf~•d-
nrss sec~red hereby or tio perm~t sa;d MuRTGAGORS to recen~ and ufe i4 a any ~~art ~he.vof lor o:~~• r~;,,~; ~s• s, ~:.n,,., r rh ~ ~ „n,>,,,•.
~~g any ~qu~ry, Grn or ,+gh~ u~drr or by vut~e o+ th~s mo~rgage; and in the evem se d h10RTGAGORS sheli tor any ~casO~fall ro kcep the said prcmis^s so
Insured. or }eil to dt'ive~ promptiy any of said pol:ties ol insurance to sa:d htOR1GAGEE. or f~r prornptty to pay fui;y \iy ~:rr~n,u•~ thc~efor o~ m a~y
rrspect (afl to per(orm, d~scha~ge, e~ecutr, etfecf, comp"erz, conply wi~h and ab~de by th~s coven.~n~, or any p.~:~ hareof, s.+~C~Riv.'~CfE nuy p:ace a•,tl
pay ior svch insvrance cr any par! thereo~ w~ihout waiv~ng or a}fecting any opho~, lien, equ.ty, or r~~hi u~~dr~ or by v~nue of`T,is Mo~~gage, a~d tfi~
f~ll an,ovnt of each and e.e~y s.,ch paymem ahall be ~r.,med~ately due and payable and sha't boar i~~tcr~sr trum th~ dere thcrcof ~~nJ i:,,,d a? the raee o!
•>~ne per cenrvm ~er annvm end tu~onc~r Hith s~~ch i~~ter.~st sha;: i>e s.~cured by the lie~ of th~s mortgage.
4, To perm~t, commit w sufter ~o waste, impairment or deter~oration of sa~d p~operry o~ a~y parl thereof.
5. Ta pay all and s~~~g~lar the costs, charges and expenses, ~nd~d~ng a reasonab!e attniney's (ee and co~ts of abstr.US of tit!e, inCUrr~~ or pa~d at
,•ny ti+~ e by s3~d MORiGAG;E, because a m the event of thr fa~i~re on Ihe part p( Ihe said A~tORTGAGC~R to duly, p.o~~~Ntiy a~d fu:ly ;:e.ioi~n, d~scba~ge
e.ecuee, efiec+, cemp:ete, comply w,ih ar,d ab.de by ea:h and every ehe st~pu~ar~ons, agrcem:nts, condlnons, and cove~~r~~rs oi sn~d E>ro~n.,sory no~e a~~d ~h~s
r.ortga~e any or e~!he~, and sa d cos's, charqes and expenses, rach and every, shail be immcd~atety dve and paya6`.r; wh~•rher or nof th~•re be no~~ce d_~
mand, atte~>>pt to cotlett o~ suit ~~.d~ng; and the !ull amount o1 each and e.•ery svth paymrnt shall bea~ interest fiom thp date thereof until pa~d et ti~e
~a'r o` n~ ~e i'e~ :e~~t~•n p,•r ..r.n~ „nd au se~d costs, che~ges and ~ i.:~•~:s~•a ~neurred or pa~d, togrther w~th wch u~t~~aal, shall be aecured by the i~en of th~f
mortflsgz.
6, Th~t ;a` ~n the eveM af any breach of fhis ,Nortga~~ or defauA on the part o! 1he ti".ORTGAGOR, or ;G) in the evcnt any of sa:d sums ol money
t~erein refe~•_v~ to be r.ot prump•!y a•-d fully Faid ~~;thin th.rty ,_3J: da~s ncar a't•:r the s..:ne severa:i ~e:o~>>e duc and ~a
y {~~b~e, w~tho~t dem~nd or not~ce,
: r ic) in the r:em rach and eve~y the snpu ar~o~s, agr¢ements, cond~f~o ~s and covenants of sa.d pro~nnsvry not.~ a~~d th.s :nortgayr a~iy or e~ther z~e oof
j:~.y, pro:rptty an,t tu: y perfprmed, d s,harged erecuted. elfe:red, compiered, co:npLed wnh and ab~ded 5y, then in e.ther or any surh event ~he sa~d ag
aregatt sum menr,c ~_~d in sa~d pro~~~:ssory nute thzn rema~n~o9 vnpa~d, wdh intrrrst accrued, and ael nwnrys srcu~rd hereby, shall brcu~iie due and pay
er:e forthw~th, e• rl,crrafrer, at the cp•.o~ ot sa~d .~1p~iG~GFE, es tv:~y and mmpie~cty as ~f a~l ot the sa~d sums of n,oney wcrc ong~ne~ly st~}~ulatrd
t: be p•~_d o~ such dcy, anyth~ng ss ~ procnissory note or in this Mortgaqe to the con~ra~y not,v~thstand~,+g, and thereuE;on or thrrcaf~~r a~ the o~v~on of
sa.d MORTGAGEE. m~rhp~t no+~ce o~ den,a:sd, su~t at law or in ea~Ay, lherelore Or fhereafrer beqvn, may be prosec~trd as :f a!1 nioneys secured hereby
hsd mar~red pr,or to ~'s ~nst,rut~o~.
7. Thar ~n the eve~t Thar ar ~he beg~nn;ng of or at any time pend~ng any su~t upon th~s Mortgagr, or to fo~ec~ose it, or to re(orm it, or to enfo.ce
['3yTC~1f of dny t:'a~~ns hereunder, sa~d ~110RTGAGEE sha~l apply to the Court having ~unsd.ttwn li~erco! for the apya~ntn~ent of a 2rce~ver, soch Courf sheN
f;,•~h.~,th appe~rn a re:r~.er of sa~d mortgayed procerty aEi and singular, inci~d ng aii a~~d s~~~gu:ar tt:e mco•i~e, p~otiis, us~es a~d r~venuee fro~~ whatever
s;urce drr~v~d. ea.fi and every of whch, 1f be,ng tapress~y unde:stood. ~a hereny mortgaged as if spec.{~caily ser 1o~th and d~_•;cnEtid m tfie grantu~g a~~d
habend~m deuses h~r~~of, and su:h Rece~.er sha~i have a)t rhe br,~d a~~d e;fec~,ve funct.ons ar,d po~•.e*s in anyw~se e~~r~vucd by a Cc~~t to a Rece~ver, a~~d
s.:h apFVlntme~;t sh.~li bc mede by svch Ceort as dn ad~nitt~-d equity and a matter of a~soiute r~,ght to said n~~RTGnGtE, a~~d w~:hcut refer~nce to Ihp
edeq~acy or ~nadr;..~acy of the value of the F~operty mortgaged or to the so~,vrncy or ~nso~vency ol sa~d MQRiGAGO~ or thr drter~dants, and thaf s~ch
~e~+s, prot:ts, inco•ne, ~ss~es and reven~es shail be applied 'oy such Rece~rer ac:ord,r.g to the ~ien or rq~ity of sa~d /~ORiGAGEE and the praurce of s~ch
Court_
B. To d~!y, prom~tly and f~{~y p~rlorm, d~scharge, execute, effect, compiete, comply w~th and abide by each and every the st~pulat~uns, agr¢ements,
c~nd;t;er,s and ccvenams n aaid prom~ssory note and 1h;s mortgage srt forth.
9. 7haf the c.c•~r the ownersh~p of ~he mortga9cd Frem~ses, or any part thereof, becomes vested in a person othcr than thc MORT(~AGOR, thp
Y~RTvAv:E ~ty sutcessors and ass~gns, may, wirhe~t no+~ce to the MORTGAOR, deat w~th such successor or s~ccessor ~n ;nterest wirh refrre~lce to th~y
~•rya3e ar~ ~he c~,br hereby setured in rhe same ma~ner DS w~ih Alortgagor vvlthouf in a~y way vit:ating or d~scha•g~ng the ~,1or.g~gors' liab~l~ty here-
::rde~ or upon the dec+ ne•~e~~ sec.~~ed. No sa~e of ~he Fre ~~ses hereby mortgaged ar.d no forbearance on the pan of the /AORiGAGEE or its wcwssors
r ass~g~s and ~o exrc~-s•en of the ~une for the payn~ent of tt~e debt he.cby secured qiven by the /~10RTGAGEE er its successors or ass.gns, a1;a1! ope:ate
rJ re~ease, d:s;hacge, mod.4y ~harge or affe.t the o•~g.nai 1~au ::ty of fhe h10~2iGAGpR here~n, either in whoie or in pa~t,
]0. It is sceaf :a'.y agr~ed that time is of the esser~e of !h~s contracr ar.d that no waiver of any ob'~gat~on hereunder or of 1he obligation se-
cured hereby sha:~ at any h~~e thereafter be held to be a wa~ver of the !erms her¢of er Of the instrumenr secwed herby.
T T 1~ c; a r c.~c ~+~e tore_:e rnonrn'y payrcents Of O'1^C';3~ and isr~~rest requ~:ed by ttee pro:n ssery no~e s.cured ~rr_bi, mortyaaar covenanty
~ a3•ees to ::o, •o ,+,c-~y.>.~ee wnh each monfh'y pa,~.,e~v an add ~~o;~a! sun~ er. o;red ~y mo-1yagee to be equai to I 12 ot !lle annual cost oi the foliow-
~ y-.
A--~ t.. .rece~•, rarrs ~e:~ed or assess-_a ay.,~"st th.~ ahove desc.ibed rea; estate
& F•~~-.._ :~s on f.-e a~d w~nds!orm ,nsurarce ~s ner~~n rcqu:red to be .a~ried en the ~rr,;;roveme~ts s~t~ate on the above d_sa~bed premises.
C- Pre • s ~ ~:h mo-r :-,y~ ~~a~a~ty insura~ :e as mortgayee sha~l from t me +o tirrc d~em f~t to earry on the ~oan secu~ed hereby.
."o~tg;~ee s^a' 'rc•n s~ ~ie ro !~me ncnfy mertyager ~n w~;t,r.~ of the an-o~~~t due and payable hereundrr and such su>> sh~il thercupon be due and
.•.ab:e o~ rh~• r'~e aa•e ef rFe next month:y pay:,:ent and each s;xcessive ~nonth thereaft^r unf~! mortgagee ahall not:fy mortgagor of a chonge in such
o,r.*. Socn s„ rs s~ ~ ::r apF, ~rd by mertgag_e to.~ard the payment of reaf prope~ty taYes, inwrance pren:.ums, a~*d enortyage g~aranty inw~ance
: 'emwms.
!N 1'r!T^.E_> _~F rhe d MOR7GAGOR has here~nfo set his h~rd and seal the day and ye first aforesaid.
5~ ned. Sea! ,d eli r i~ t of:
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Si:.TE OP FIORIDA ~
~OUC~TY OF St. 1+11C~t3 ~
1
Before rne personally sppeared C. Weaver a~
, Mildred L• ~8V@1' his wife, to me well krtown and known te me to be
rr.e ind~viduals descr;bed in and who executed the fwegoing instrument, and acknow~edged before me that they executed the same for the purposes
~he~e~n e:pressed. And !he :a~a~ I~lildred L. j1~68Y82'
_
+v~fe o( the sa;d 0 C• ~896I' , upon a separate and priva~a
e.am'nat:on by m. ta~en sepa~ate and apart from he~ sald husband, acknowledged to and before me thar she exec~ted said inarrument lreely end volun-
~an;~ and wahout any compuision, consrraint, apprehen~(,o~n, pt fear of or from her said husband.
WITNESS my hand and off;ual seaf thn_ ~'7 f~1 da ~Ct0~6r A. D. 19~L~!
f LEO AND IlEOCI! ~
~~.t CiE COUNTr~I ~ _ ~J-~,,~~~,,
~~Q~~1 PdITRAf 'Notary P~bt~c in and for t Srate of Floride at large
CLtRK CIRC~I{T COUIIT My Comm~ss~on expires:
R~'~,^ ro: REC01t0 YER~ilEO ~ Pyy~ . Flo~id~ ~t L+rqa
f:r~t i~deral Sa+in~s d loa~ Associa~~on ~
~~.f P,. OCT 3~ 1 17~'1Q '~,~,l,,,~~,,~„"?- ~s. 1471
fut F...rce. F'_•:da . ~ ,
vl ~ j.-lJ.... ~
2QO~i~i • :~a:'~~ '3
This Instrument Prepared By ~T. D. Chastain . v• O• . ;~~`s
.
First Federal Savings $ loan Association 2 V,.
of Fort Pierce ~ FZo2~id8 ~~.''~`::•••t'•~
r
y
Checked B '
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S~Ff.a7,~f ~ pa
BooK1~7 P~~E2927
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