HomeMy WebLinkAbout1565 3. To p,ace and conlinuovsly keep on the bui:dings now or hereafrer ~~t~ate on sa~d land and on all ~~u~i,n,aro •nd penonj'ly covered by this ma~g•
egs, w~~h all prrmw~n~ thrreon i~a d;n f~lt, fire inswance m ~be ~:~ai s~~nde~d po'~cy fonn, ~n a s~~~~ a~ N~.,yrd l~,r the ~UR::,:.i;iE, ar~d wmdsto~m
~nwr~nce ih the usuei srar.dard ~w!•cY tam, in a s~m sppro~ed by iht h1uRTGAGEE, ~n such company ur co~npan,es as f?.r A~ORIC,AGEE may
dirK~; and atl fire a~d w~~ndsferm ~nsurance po~~c~es on any af •a~d bu~~d:~gs, any i~Ne~ua1 ~hr~ein or F:a~t Nceieoi. in the agg«yete •v~~~ afo~esaid or
in extess the~col, thetl :ont~in the ~svai staoJ.+rd mo~tyegte t~ause W such o~hrr c'a..se as t~~e Alortgayre may req~.re, me?i~~g thr ~oss u~~der se~d pol'r
c~ea, each and every, pa~ab:e to sa~d .\tiJRIGAC•EE as ~~s ~~~~rrest may sppesr, a~~d each and e.c~y s~cfi p., ~iy :Me;! br p~w~:yt~y ass gncd a~~d dr~~vered to
eny held by sa~d hlORiuAGEE es f~r~hrr secu:ity ~o sa~d n:or~yay~e deut. and. not less than ~rn ~tp) d~ys ad.~nce of ~he eapuation or c.,ch po!.cy, ?o dr-
I,~er to sa~d A10R]GAGEE a rr~~c.~vl therrof, to~e~her ~irh a recr~pt fo~ the prrrti~um of avch ~e~~r.~~:: a,~d ~hrre a~ta~l br ~w i,re or ~ds~~~~~n ms~rance _
plsted on any ol sa.d b~~;~d~~~gs, any mf~rrat ~here~n or pa~~ tnereof, ~nirss ~n ~he tonn and w~~h the ioss payab!e as afereia~d; a~d the e.ent any sum
of money becomes paraL•te ~nder s~ch Fvt cy or pol~ues sa+d h1JkiGAGEE •h,If have ~ho o~~!:on to ~rc~~~.~• .~~~d aE:~ :y t:~e sa~~~e on a.,o., of the i~~d~~Ltrd-
ness securrd herrby a ro prm,~i sa~d IWQRiGAGORS to recrive and use it a e:,v p.~rt ~h~•:co1 i.,~ e:~. _s~s. ...i:,_.r ~h••~:>. cr
mg any equ~ty, I:en or r~gh~ undr~ or by O~rtU2 O~ !h~a mo:r~agr; and in ~he evrn~ sa d A10~2TG+~GORS ah.~:l 'or any rcason fe~l to k.•ep ~he se~d e~em~srs so
i~a~rtd. Or fml ~o dr~~ver prJniptfy any Of sa~d {wl•Ciel Of inSu~a~~Ce to sad A10RiG:1GfE, e~ t.~~ i~comp2tY to pay fu.y any prc~nn~n tli.~~•1or Or in d'~y
respecf 4ail to pt~}orm, dachar~e, executr. effrct: comp!rte, conN~y w~rh and aL+~de by tt~•s cov~~~~:~~, o~ a.iy p•+~t hareof. s.+:d hl~•RTvAGiE r~~ay p~ace a•~a
par tw such inw~ar.ce or any part ~4ereef v`~~hout warv~~y or a(fecting any opt:a~, f~rn, eq~:ry. or n~hr ~~:dcr or 6,r ~~~~ue o1 th;s Mo~igage. and the
f~tt ar.wunt of each and e.ery such pa~mrnt shai! 1x ~m~ned~ately due and payable a~~d sha~! b~~ar ~ne.~.st tru~,e ~ha dora th~•rrof ~~~i~l p:,~d a~ ~he rate ol
~~:~,e {x~ cnntum per ann..~~n and to~~th~r .v~h s~:h ~~ira~esr ~ha~~ be s~~cwcd by ~he he~ u1 Ih~f n;o~rga~e.
4. TO {xrmit, CO+nmit or suffer n0 ~naste, impa~rnxnt or deser~o~ar~o~i of so~d prof;erty o~ any part th~~r~•uf.
5. To pey all and sing~,:m the cos~s, charges and e+~pensea, mtl~d~nJ a rrasenab!e ~ero~nr~ s fe~ .~~•d •ci+s o~ aLstracis oi ~it:e, inc~ned o~ pa~d at
,~J ti•re by ta~d MORiGAG:E, because o~ ~n the e.~r~,t of ~ha ta.wre on ~he cart o~ ~he s:.~d h~~krGaGOR +o du!Y. P'o"'N~:v end fuiiy F~•~tor~,;, d~xharge
_.ecurr, eifect, canptete. comply w,th and ab de by eacn and evrry ~he iT~,.~!~~ o:,i, ag~.•r ,,.•~,rs, condr.~u„s. an;f c~~e:,a~,~a oT s~~d ~•=o,~,~sury nore e~,d ~l,~s
'••xfyege any or t~lher, ar.d sad :osrs, char~es a~~d ea~ensrs, each and e~ery, sh~:l tx ~~,•,•.,.d„rc'y dur and pay~1 c: .tih~•~her o. not r4,~~re br nor,ce d.r
~.a~d. atte npt to ca~eet w s~~t pe~~d.~.g; and thr fu:: m„ov~~t of each and e~rry w.h pa~n,.•m s~ ~~t bea~ „~•,•rese !ro~., ihe d.+te ~hrreol until pa~d at ~he
r~.i~ cer :.:ni-.,~n ~w-r an.•wn; anC e~! sa~d tosts. c: a~gca a^.d ca.e~:ses nKu~rrd o~ ps~d. ~oyr~ir~•r ~~.tn st,ch ~ntc~rst. ihat~ L~e securi~d by the Lrn Of Ihit
mort9age.
0. That ;a? in thc evenf of any breach oi th~s :Nortgage or deia~~~t on t}-e p~•t of th~ ~'.Oi.TG~GC`R. or ,4,? ~n thr evrnt any ol sa.d su•ns o( mo~ey
hrrein ~efrr~rd ~o be ~:o~ ~ron,p!iy and i~:1y pa:d w~t!:;n th •t~ ;,30} da~s n~.,+ a••^• the s.::•,e sc.rra':~ brco..,., d,;r ~~~d pa~r,,6'e, w,tho..~t dc •~and or nof~ce.
cr (c) in thr e.e~~t ~•sch and every ~he st~pu.at~ons, a~rer.mems. co~id~t,o:~s and covenanrs o! sad ~,:o~n~sw~~ no~r a~~J tn.s ~er~~tgage er,y or e~~he+ are no1
i~'~, prom~~iy ans t~ ,y ,.rrrormed. d scharged, eaecut•~d. ettected canp~e~rd. <o~~~p.~ed .~~Th ard a'.~•ded ~hen ~n e.rhe. w a~~y s~ch e~a~t ihe sa~d ag
~•e~afe sum men~:a+e~'. ~a~d p:o:nnsory r.;~e ~h~~n re~„a:~.~nq ucpa,d. .ti~th ~~,irrrs~ a:c~.,rd, a~~.a. ~::,,one~s s.c~:eJ hereby, shaii b~co~~ee d~e and pay.
e~.r ferthw~th, c+r therea'•e~. at the ap!~o~ o~ s.+:d n~O~TGaGEE, as ~~~~y and co~^p:rre'~ as if a~. of r~~c s~~d su:ns o~ n.u~~e~ were o~~guia~ly »~pu:ated
ro br pa.d on svch d~y ,!h~ng in s3 d pro.r.•ssory nou or ~h~s 61ar~gagr ru ihe co~n~ary no~...rhsr.+~~ei ,g; a~,d fhe~cu, on or thr~.,fter a~ the opf,on of
s~ d MORTGAGEE. v~~tl.~cf, nor,:e u~ demand, s.;~t at iew w in equ~ty, ther~fore w therraitrr be~un, mey t~e F~~osec~t~~d as if al) moneys secured hereby
n~d maturcd pr~or to ~~s ~nst~tvt~on.
7. Tha~ in the e.e-~~ ~hat a~ ~he beglnnfng of w at any t~me prnd~:~g any su:t upon th~s No.tgage, or to (weclose it. or to reform it, or te enforte
cnvment of eny c:a~~ns he~ec~~der, se~d MORTGAG~f sha'1 app~~ to thr Ce~•t hav~~~g ~~rmc!.ct~e:~ t~~. ~c~of for the a{~po~ntrrunt of a Rece:vcr, wch Co~rt shad
io ~h.~~rh appo~m a rc<e~.er of ne~d me~tgegrd proceny a1i and s~~u!ar, inc',ud.r.9 a~; a~~d s:~~~.,~ar ~ne mcar.e, prol~fs. ~ss~es a~d ~e~enues fro~n wfiarever
sc~^ce de~~ved. each and e.e.y oi .~h .h, be~:,q exprrsa;y ~nde~a±ood, ~s Nerrry n:e=rgegrd aS spec~f~ca~ly set fw~h and descnbed m rhe g~annng and
^.3LY+~~.•m de.~ses Ikrzof, and wch Rrcener sha~: have a~t ~he broad a~;d rf+ec~~ve fu^.T r~~~s .,~,d pe.+e~a in a~y1~~ne em:~srrd Dy a Cow~ to a Rrcrrver, a~~d
i_.h appointmtnt s~a~~ Cr n:ede bv s~cA Cou~t as an adnitred equ~ty and 3 matre~ of a!:so ~~e r~ght ro sa~d MJRIGAGEE, a~d w~'hcut rclcre~xe to ihe
',ieq.;jcY o. inadeq.~acy of the value of rhe property mo~+gaged or io ~ha so.vrncy or ,:,so._•nc~ of se•d h10RiGAGOR w the de+enda:~ts, a~~d that such
:^•s. proii's, into.ne, as~es and reverues shai{ be app::~v~ by such Rece~ver a;.oru.r,y to the i+en or rqwty o1 aa~d MQRTGAGEE and the prachce of such .
LOUrt.
8. To d.~'r. Pro~p•:y and fu!!y perform, d~scharge, execute, efiec+. co-np~ere, cc>~~~1y vc~th and ab~de by eacfi and every the st~p~,ations, agreeineros,
:~r.d~reens an~ covenarss ~ s~:d prom~ssory note a:~d th;s mo~t~age sr~ foern.
9. Thar in ~he e.~~°.r che o.vrersh~p e( rFe mert~aged prenuses. o. any part tne.r,f, Eecc~nes vested in a penon o~her than the MORTGAGOR, the
~•~R;GAGEE, ns s::r.~ss~~s a d ass~gns. mjy, w~rho~~ ^c+~.e te the ~10RTG~JR. die'• ,r.:th svch wccesso~ or scccrssor ~n ~n~errsr wdh re4erence to th~s
.•!gage and rhe oe::~ y sec.,~ed in tne aame n:a^~e~ as w~sh rlerr~3gor ~n:~ti~~r ~n any .v,y vn.aeing or d,schara~~~g the /,Aor~g,,gors' 11ab~l~ty t~err
~~dr. or ~por. rhe d_: ~~:••e:~, secured. No sa'r of the E~e-~ ~ses hereby •~ortgagrd ard ne +cr~•e~~e•ue on ~he pr.rt o~ the ~h0~2T(iAGEE or its successars
a~s~g~s end ^o ea^'~so~ uf rhe t~n~r for rt,e pay~re:~t o~ t~e deb~ he~c±~y se:u.ed a~ven by the A~ORTGAvEf or its succeasws or ass:gns, a:~all operate
~o re~ease, dacfiarge, ~^c.+.:tY C~:dn~t or affect the o+~g•na! !!au : fy oi the /~.CRTvAGt7R her~~n, e~ti~er in mho~e or in pa~t.
l0. h ~s s~ _•c j_a,',y aareed rhar t;me is of the esse~:e cf tn~s co~fract a~d that ne wa~.•ef of ar.y o6' gar~on hereunder or of the obiigation sr
::;red hereby s!~a . a~ an~ nr:e thereaisr be he:d to be a wa~rer of the terms hercof or o! the insfr~ment srcu~rd herby_
11 tr _ _+-:e tprE3C ~~J •^Jr•~l y{=3p••;°n:5 of pai and ~n•: ~~s• reqv:~ed 1~y fhe pro•,~ sscry ne~r sc,v•?d hr~eb:, me:t~ago: covenants
• ~ ag•_~es _ . ..-~~a~ee a~f?, eac!~ mon•h Y F3v~'e?t an ad:i,:~nai s~m ~s!~• a+ed by morfyagee to kx equal to l 12 ot t:r a~,::._ei cost of the foiiauv-
A_~. .~a~ rrppe.•y faxas !e.•, : o- ass~-sc_:i ag•.•-.st ahe above descr,~d :.al es•a±e.
6~-~ _-s o~ f.•e a~d .+,"ds~c n,r.sv•3'.e as r:e•e~~ •eq~ r_~d to be ca••.•d c^ tn:~ ;.rovc•n~~tS ~;t~atz on abo~e d_s:~~bed premises.
C-P•e - s o~ s~:h n~,:;,_ .~e ]~3'3^.!y :~SV!3~ :P as mo•Tga~ee sh3 i f:c _ a.,.e .o , d,.--~, fit to carry on the Iean sec~:~~d he:eb j.
! !~5orr3agae s•. •....a •o t~-•-e r.c,•,~~ ,re•1.~_~: r,n w~~t:ng of ?he a•- o, ard F,3~.~t~:e her~~r.d.rr and s.:ch 5~~~•• yh?!! therrupon be dve dnd ,
j ...ab:e o^ the :._r _ o* i~~ ~~+t •-~o~+c., a~,d F~ch wccess~~e ~•o•~n rhe~~y*r:: mertaagee sFail not.fy mor.~agor of a change in such
e ~arant insurance
_ ~;:n!. $u;F. sur-s 5'. ';e a;; ~ec! Ly mot~gay~_r to.~i'd tne paymenT O~ rz~; ~;.:cFrr~~ taces. ~nsura.ite prC:~:vrr~i, d.ed mortgay 9 Y
( . c^.wmi. ~
; tN 1V!Tn~E~~ ::`+_P_.~" sa d MOR?GAGCR has hereu~+o se+ hEs ha•:d end sea: ~he dry and year fint aforesa~d.
t ~ S~gned, Sea:ed d de'~~.e~ed ~n the presence of:
_ _ ~ !Seah
~ -
S / - (Seal)
` ~ - - (Seal)
~
~ (Sesq
~
~ 5':.TE Qf FLORIDA ~
~ St . IuC ie
~ _JU!~TY OF _ 1
~ James C. weeks, a single adult '.~~~s~~
~ Before me persona:ly soFreared - - - - '
~ - - - - ~ to me welt known an~'~p'fd me 10 ~ ~
~ tnr ;nd;vidua;~ descr~ced in and who execured the fo:ego~ssg instre,ment, and acknow.edged before me that ~hei e,eec~ted the sa~ ~or~ ~rr~e~~.
~C~,- ~ Bi'r -
3 rhre;n e:p.essed. - - - s
~r, ~ ~ ~ -
~ ~ - - - - - - ~
c _ =
s_ da of--- n ~ ~4~~~r~,
~ WITNESS my hand and affic;al seal th~ ~ - y eb I D ~ ; ~ ` -
i r~
, - - - - i~~~_ ">J~'!~ ~ 7 ~
~ r
N tary Pub•.ic in and ior the Siate of F~or~da at lar~ ~
j My Comm~ss~on eapires: '
Retum To: #
~ Fnt Fede~al Sir~nyf 6 toan nssor.at:o~ lIOTAIIY ?Y6UC. S1.itE uF FLOA?DA AT lSh.~E
,,j P t`o MY COMPl:1~S10,~ tx~~K~s ~cr. tt. ~s~~
~ •ONOEO TNAOUGH IRCD Mi. DIC~T[~MORf*
Fc.r F._ -e F~_~ 'j
2(j:~2: g ~
5
- n~E~ AMr ~ECOROfO
st. ~ucic c~uNrY fu.
This Instrument Prepared By J. D. (~astain ROCE~ r,~'TqAS ~ ~
First Federal Savings b Loan Association CLERK Ci:.f:UIT COURt ~
of Fort Pierces ~orida REC~PC Ytf!?F~EO~~
fr:~ ~ . _ ~ ~
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