HomeMy WebLinkAbout1615 . • ' 1 ~ ~
3. To place and continuousy keep on the bui'd~rgs now o~ he~rafte~ e~tuate on sa~d ~and and on aC eq~~p~~~em ar.d pe.sona:ly co.ered by thif mong•
ege, w~th al) prrmi~ms thereoa pa,d in I~It, fire ~ns~rance m ~ha uwai s~andmd po!~cy form. in a s..~» a~,,,ro+cd b~ ~ha ;:,JR.v=.vEE, a~~d w+~ds~o~m
,nsurance in ~he usual ~iandard po1•cy form, in a sum aFpro~rd b~ fhr MORTGAGE~, in such canpany or co•npan~es as ti,a h'.ORIGAGEE may
d~recr, and all iire and w~ndstorm ~n~~rance pol~c~es on any of sa~d tw~ld.ngs, any interrst there~n or part thereof, in the aggr. ~a+e wm ato~esald w
in exte~s thereof, shall :ontain the usual sta~~dard mortgagre ciause or svch o~hrr ciwse as ~he Mo~tgagre may req~.re, mal.uig th~ ~osa ~~~Jer s..~d po~i-
c~rs, rach and every, payabl~ ro said A~ORTGAGEE as ~~s Intrrest may appee~, a~~d each and e~ery wch pu~..~ sheit br promyry ass g~~rJ a~~d dei„ared to
eny held ~y said h10RIGAGEE as (u~ihe~ s:cu~ity to sa~d n:oltgege drbt, and, not less than trn ~10i da~s ~d.~~ue of thc e¦p~~at,on o~ eoch po:~cy, ro dr
~~ver fo said MORiGAGEE a renewa: thereof, togNher with a rece~pt for the prrm~um of svch re~~e~e; a~~d there ah~11 br no f~re cr .,,.~~:iuo~m ~~wrance
placed on any of sa:d bvild~ngs, any imc~esl therem or pa~t thereo;, un?ess in ~hz fo;m a~~d .vnh ~I~e lou E:av3u!e as aforess~d; a~d ~n the evero any sum
of money becomes payab!e under such pe:icy o~ pol~c~es sa:d Mi7R1GAGEE shall heve ~he ope,on io rrc•_~.r -~~~d aPF':r tl~e sa t~e on ac.ou.~~ of ~he indab~.rd-
nesi secured hrreby or ~o pe~n,~t sa:d ~AORTGAGORS to receive and ux it a any E~.+~t th•~:.•oi ior o~n :~.~r; ;:s~~s ...;h~_s ih:~•.~. •ti-.=~ 3..~ ~'~'p~"'
~rq any equ~?y. I~en or rigM uodr~ or by virt~e of this mo:'gage: a~d in ~he event sa d MORT(;AGORS sha!i ',o~ any ~cason lait to k~~ep ~hc sa:d p~em~ses ao
~ wr~d, or fail to deRver promytly any of sa~d pol~c~es of mswa~ue to sa:d MORiGAGEE, or t.,~: p:o~,:NNy ro Nay lu.ty any ~:~c :~~,::n fhrr~ior w~n a~y
resEec~ iail to pe~form, d~scha~ge, eaec~ta, eftect, completa. compfy wuh and ab~de by ~fi.s ceve~~r~t. o. any part h.reof, sa~d MORiG.~GEE ~.+~y p~ace a~a
pay for such inwrance or any parf thrreof w~thou? waiving or affecting any oN1~on, lien, equ.ty, or r~~h+ u~,dar or b/ virtue of th;s hlortgage, and th~
i~':I amo~ro of each and e~ery svch payn,zm sha~I be im~ned~ately d~e and payabte a~~d sha~l b~•ar ~r.t~r~st fro~n thc dota th~rcoi u~~~~l p.,~d a+ the rate ot
: e per cenrum per annvm a~~d fo~_•~h~•r v~~rh such m~e.rsr sha~, b~ s~•currd by the I~en of th~s mo~tg.f~r.
4. To permit, commit or su(ier no wasre, impairment or detrriorahon of sa~d proprrty o~ a~y pert th.~r~•of.
5. To pay all and sing~'ar the coats, chargea and expensra. Including a reaso~~au!e anomr~•'s fe- .+~~d cesrs uf abs~r:.cts of nt'e, inw~red or pa~d a~
,nr t~n,e by sa~d MORfGAG=E, because or in the event of ~he fa ~ure o~~ tiic pan of ~he u~d MJRTG:-GOR ~c d~~y. p~onNUy anJ f.,i1y F~iform, dac'r:a~ge.
_.rcute, effett, canplere, comply w~th and au.de by ea:h and cve~y ~he st~pviat~ons, ag~rr.~~~•~ts. co^.d~r~ons, and cove~ants oi s.,.d pro~~.>sory note and i~~is
,,~r~gage any or e~~her, and sa d costs, cha~grs a~•d expr~ises, each and e:e~y, shall be ~~~,~n~•d~.:tc'y cl.,r artd Fay~b'e; v~t,r~her w nor rhe~e t~ nor~ce d~
^~+~~d, attempt to co;:ect or w~t pend:ng; and the f~l! a~nount of each a~~d evc~y svc!~ ~ ~~,nrn~ s~~~~~ i,er ~~~~~•r~•s~ fro~.~ ~he dafe therrof until paid at t1~e
r o{ ~une per czn:~n: ~:r annu.n; .,=id a11 said costs, charges a:~0 cae,e~~tes iruurrrd or pa~d, toe}e~ti~~r ~v~~h such u~trr~st, shail be srcwtd by th~ i~tn of th~!
mor tgage-
0. That (a) in the evenl of any breach oi th~s h~lorrgage oi defau:t on ths part of fh<~ '.'.ORTG%+G_`R, or ,b? fn rha evem any oF s3.d wms oi money
here;n referrrd to be not pro~nptiy a~,d t,,:iy pa~d ,.~~h~~. th.~tr ~3J, d~;s ne.t a•r_~r the s.• ~e s•r:ere .y trco d,:~~ and ~Jd~d:~~C. 'NIIFIJU~ den,and or netice,
;cl in the evem rach and everv the shpu.anons, ag~erments. :-•~d~':ons and covenants o+ se d~~re~>>~si..r y r,otc an.l th s nwrtgage any or edher are nol
i:::y, promptly an~! iutiy pe~tormed, d scfiarged eaecured, e~+ected, co~npietrd, conF:~ed ~+~~~h ar.d ar d 51, then in e:the: o~ any such event Ihe sa~d ag
~-agate sum menhoned in ;a~d pro:n+ssory' ncte then re•na~nia~g ur.ra~d, wuh u:tere;t JCC'utd, a~:(~ '~`U~~cyS sec~r~•d F~reb/, itw.~ txc~n~e due ard pay-
eo e torihw~th, or rhereafrer, at the op~~on ot sa.d h1J~TGAvcE. as fu:~y a~d compiere~y os ~i 3',i c~ s.~:d s.,•„s of n:oney ~nere or.g;rsa.ly st~pvlated
re he pa:d on svch d:.y, anyth~n~ in sa.d proai~ssory note or In th:s Glortga~e to the tonrra~y no~..:tlista~~~J.~~g; a~•~d fh~•r~upon or therr.+ft~~ at the Op~~on of
s+ y MORTGAGEE, v~:theut nonce or drmar.d, suA at law or in equ~ty, rherefore or thrr~~frrr bcy.:n, may be ~,res_cutid as ~i a~~ monrys sec~red hereby ~
r_:j matured pr.or fo ,ta rntrtuho~.
7. Thai in the event thar at the beg~nn~ng of or at any ~~me pe~za,~~g a~y w:t upon fh~s lro•fa~ge. or to forec!ese it, or to reform it, or to enforce ~
;avme~t of any rai~•s he~euno~•~, sa~d Mi.RTGAGEE shal~ app~y to th..~ Cou~t hav~ng ;u~.sdc~,en ah~•:~ut f~r the appo~nt~+:e~st of a Retc~ver, s~ch Court sha~l ~
~rn.v~Th appo:nt a rece~~er of 5aid mortgaged p/OOerty all and singu:ar, mc ~,d ~~g e.~ a~~d s::~., a~ e~:e i^to~nr, p~of~ts. ~ssues ar.d rev<nues L•om whatever
s ~~ce der~ved, each and every of wh.ch. ~t tx~ng express!y undersrood, ~s kere~y n;e~~3a3~•d as ~f spec.f~ca~~y set fo~~h a~d desu~.hed in the qrant~ng and
F~: endum dauses herrof, and such Rece~ve+ shatl have ait the broad and rffec+~.e fu~ c• u:~s and po..~~s in any„v~se emr~3!ed by a Cou•t to a Reiciver, and
s.:h appointme~~t sha•: bc rt~ade by such Court as an ad°~itted cqu~ty and a mattcr of a~s~'ure r.ght ro sa~d h1JRTGAGEE, a~d w:ti~:;~t referente to tne
e,i_~auacy w inadeq~acy of ~hc va1~e of ~hr prOpeity morfgaged or to the so,.rncy or ~nsc..~•nry of sa~d MOR~GAGOR o~ the deer•,da~~~s, a~d ~h.,t svch
~+s, profrts, ~rcu:~~e, :ss~es and rever.ues shall ce app,~ed eY such Rece~ver ac.crd~~:g to the hen or rqwty ot sa~d MORiGAGEE ar;d the p~act~ce o! such
Court.
8. To duly, promptly and Iul!y perform, drecha.ge, eYewte, effect, co~lete, co:np~~ w~rh a~:d ab~de by each and every the st~pu(arions, agr~m<ros,
:~nd~t~ons and co~enanra ,n sa~d prom~ssory note a:~d ~h.s morrgege set fo.th.
9. That in the event the owr.ersh:p oi the mortgag:d prem~ses, a any part thereof. becomes vestcd in a pcrson other than the MURTGAGQR, the ~
ti'~RTGAGEE, its wccessors and ass~gns, rney, withc~t nonce to the M110RTGAOR, deb+ w~tp such successor p s~ccessor in ~r.terest wrth reierente to this 4
c: •gage and the d_ ut he•eby secured in the same mannrr as w+th tdofrgagor w~thou~ in a~y way vir.ating or d~sc?~ar~~ng the IAorfgagori liabifity herr ~
^•:ie- w upo~'he d_•ut hr.~br seu~~~d. No sa!e of tF,e Fre~nises hereby ~r.o~tgaged ard no forbeara•~ce on the part ot the ?~1JRiGaGEE or i!s auccassors r
ass•g~s and no e¦rens:o~ of the t:me for the payment of the debt he~eby sec~.ed g~.•er, by the !rOR?GAGEE or us s~ccessars or ass,gns, a~~all operate
~o rr ease, d.schargr, mod~ty change or atfecr the o-~g~nai i;au.::ty of rne NORTGAGJR he.rm, edher m n,ho:e ar in part.
i0. It is spec fica~ly agreed thar t~me is of the esse~ce of ~h~s co~-tract and rt;at ro wa~:er o( any ob'~gat~on hereu~der or of t6e oblgat~on se-
red hereby shai~ at any teme tk~reatter be F.r:d to be a wai:a~ of the terms hercof o• of the instr~rnent secu~ed hc~by.
11. In T ~,•e +F.e io:e~e .r~enr~ y ~ jyn _~nts o' p:r•.t ' and ~~;t_r~s• rea._~r~d by the p*o~ ssc~~ ~~o s_a;,rd her~~bf, mo'tgj3or covenants
ag~ees to :;ay ~o :.o-~g~yee .~~~h edch r.~,onth.y pay~ .e~~t an au.; ~~ona: w•n ~s' ~~f_d b~ ~*+o'sy,~Gee to 't~e e:;~a~ te i 12 of ~:;e anr:~•a( cost of the follow-
'7
~ A-r.~l .rat ~r~cr•ry ta~zs lev~•~d o~ assesscd ag~i•~st thc a!:~ve dezcr~~:d r~,ai es~a~e. '
~ 8- P., ~~s o~ f re a~d a.~r.dsto•m ~nsura~~ce as nerem ~equ,red to be ca•r~•-d en !hr ~;;roveme~~s s~tuate on t!w abovc d=sa~bcd premises.
; C-Pre~rwr~s o~ s~ch ~^o:t~.:ae g~ar;nty ir,swa~.ce as mert~gee shaU fro:•. f ine +o deern ht to earry o~ 1he 'ean sewred hereby.
i s
I Mortga.~ee s^a `~c~n nme ro t;~„e +:o~~~~ mcrtyago• :n ,an!.nq of the a--o~~t ~..e ar.d payabte hereund>! and such w.~ shaii th~~revHron be due and
.eh~e on eh~ ~i,;e da+e of th> ~.ext +~:o~th:y pdym~nf a~~d ea:h successive :nc•ith fhe:eatt~~ u~!~~ mertg~gce shali notlfy mo~tgagor of a change in sw_h
E ',vnr. S~ch s.,ns st ~ be app'~ed i~Y mor.gay•~r tovtard the pay:rent of rea! pr~perty raaes, inwra-ue prem.~ms, and mertgage guaraMy insurence
, ^~~ms. ' ~
j IN LYIT~:E~~ ';.NER~O< <ne sa,d MORiGAGOR has~rE~p~g}~~'t~~~nd seal the day and y~ar first aiwesai
~ Signed, Sealed a~d de!ive~ed m the presence of: ST.lUC1E COUNTr FIA.
; RGCEa Q~iTRAS s:~lJ ~
~ - - CLERK ~i~iCU1T COU T -
! RECORO VEFif1ED~ «a~)
-
~ i~~ 2~i' )
~ ~ - f5eal
Ma~ 1 9 ~e bN'TI «tl~~
~
; ~':.;E Of Fl IDA w~~~
SS. %M
~ _.-~,:YTY OF SL~ L~1C1@ ~ •
3 Befwe me personally appeared _ lt~llil~ A; Anderenn /''~~fa1i
Verna i~, ~ ~
~ _ _ AlltjeY$Oil _ hes w~fe, ~o me weil kncpv~ k ~e'.7a~ey
~ ihe indviduats descr~b~d in and who execu~ed the foregoing instrume~t, and acknowledged befo~e me that they executeQ til,l~r~i.~~p~ur~r~3 _
' Vezna L. Anderson _ c~ . ~ ~ ...1 : - °
' r~-,e,ein exp.esse~l. And the sa:d------ - - - ~ _
- . .
~ t~'ill am A. Anderson - -
j n ~e of the sa~d _ -:~;i~~ Priv~:i :
; e•arn:nat:on by me !ak?n separate and apart frcm her sasd husband, acknowl~dged to and before rr.e that she exet~ted said Vu~A~M~f~eplyQnd ~/p~l?i-`
3 ~a and w~thout any co•.:pu~sion, consrrj~nt, apprehens.on, ~r fear of or from her sa~d husband. vr~'. ..•~G `
~J ebruaY
WITNESS my hand and off~c;al seal this_ _...dfL__ - _ day of_ ~ ~ , ~~,•lf~_
- - -~.E_~ k L~ - LI C~ ' ,
~Notary Pub:~c in a~d for the Srate of Fbrida at lar9e
~
My Con~m~ss~on eapues:
Return To~ ' '
F~rst Federal S~y~~gi b ioa~ Assc:~~t o~ YUTANY ~UBUC. STATf OF flOH:9A AT ?..~e ;
~ Of ~o-r P~•:•_ f,AY CU~AMi`;~iGy EX?IRE~ GCi. 11, 1971 . j
:S FC~~ ~~?'Ce F'Gr~~..e ~OhDLD TNROU6N IR[O N. ~~S~TtLNI~~1 ~
~ /Z?-1,-11 `
. .
- This Instrument Prepared By John Collins
; First Federal Savings 8~ Loan Association =
= of Fort Pierce ~
3
Checked BY ~
~ a~~ 190 iS~2 '
' " dl
~
~
. :
; ~
...w_~~~~ . ~ _ ~ . _ _ _ ~ r~~