HomeMy WebLinkAbout0229 To pt~te and continuously kcep on the bui:dings now Or hereafter s~~uate on sa~d ~and and on a1{ ~~q~ipn~ent ar:d prrson311y tovcrw~ by ~l~~s mor~g•
ege, with aU p~em,wns ~hercon pa~d ~n f~ll, 1ne insurance ~n thr usual standerd po~~cy (orm, in a s~m oFNruY~d by iL~ A~OR;~::c;EE, a:~J v.•~ds~orm
;nsuran~e in thc ~sual stanuard pol,cy lorm, in a s~m appro~rd by thr MORTGAvEE, in such (On~Nd~ly oi c~-~~pan~es as ~hr t~10RTGAGkE r,~y
d•rcU; a~d all (ire a~d w~ndsrorm insv~ante poi~c,es on any of sa~d bu~~d~ngs, any inte~NSt ?herrin o~ part thereef, in the agg~ryate sv~~~ ato~esa~d or
eacess lhereoF, ihall contain ~he usual standard mortgagee ciaus~ o~ such aher clj~se as the t.1c:~gay~e may reqo.re, m~Ai~.g the icss u~~Jrr ~~•d po±i-
c rs, esch and every, payab'e to sa~d 610RiGAGEE as ~~s in~~rast may appear, and each a,~d every wch pu~~ci ihall be prOmNliy ais g~~~d e~~d da:~.-r~rd ro
nny held by sa~d MORiGAGEE as further secu~ity ro sa~d mortgage debt, a~~d, nol less than ~en (10) d~ys in a~i:ance ot the expvat~on of ra;}, po'~c~, ro dr
I ~er to sa~d MORTGAGEE a renewal Ihereof, logether with a rete~pt fo~ ~i~r N:em~um o1 such rene~v:~'; end rheae sha11 be no i.re o~ +e.~,di~u•~~~ i~:wra~~cr
p~~ced on any of sa~d bvild~~gs, any inrerest there:n or pa~t thereof, ur.!ess in the lorm a~~d with the loss payable aa a(oreso~d; and in ihe r~en1 any s~m
of money becomes payable unde~ such poGcy w poLcies said MORIGAGEE sh~ll have ~he opt~on ro rec~~v~ a„d app'.y tha aa~:ee on ac.ounr of thc u~dahr~~d•
nr;s sec~red he~eby or to permit said MORTGAGORS ro rec~ive and use it w any parr thr:~•uf ior o:~,•,r F,u ,~s~•;, ...i~:,~f ~1~ c~ ,
~~7 a~Y ~4u~~y, lie~ a right under or bY ~~rtue of ~his mo:lgape; and in the even~ sa d MORTGAGORS shall for any re.~son (a~l ro k~~ep ~he sa:d p.em~s:c so
,~s~~ed, or fa~l to de!iver prompHy any of said pol:urs of insurance to sa~d MORTGAGEE, or (o~, pro~nNtly to pay 1u:ly a~~y F~re•„~, n thr~~•4u~ o~ in a•:y
res~ Kt fa;l eo pe~lo~m, d+scharge, execute, effect, complere, comply wi~h and abide by ~h,s covenan~, or any pa;~ hareo(, sn~d htuRl:~.~.GEE mrr p,ace a o
p.~~ fw such insurance or any part thereof wnhout waiving a affecting any opno~, l;en, equ~ty, or r~ ;hi under or b~ vu~~e of tl~~s !~1o~rgagr. and Thc
amoum of each and ere~y such paymenf shall be ~mmed;atefy due and payable a~~d shail bear int~~r~sr trom th~ dare thcr~of uniil y„~d at ~he ra~e o+
•-,e pe~ centum pe• ann~m and to~rther veith wch ~nterest shaii tx sac~~ed hy the lien of th~s mo~tgaga.
To pr~rmit, commit or suffer no waste, impairment w deterioretion of sa~d property or any part thrreof.
S. To pay all and singular the tosts, charges and expe~ses. ~ncluding a reasonab!e ateomey"s fee and ccsts of aLsrracts af tt!e, inc~rrNd or pe~d ar
f~n,e by sa~d MORiGAG.E, becavse or in the eve,v oi thr fa:lure un ~ne part of ~he said MORIGAGOR tc du~y, pro ~~N!~y a~~d fu:~y F~~~for,n, d.sc~~e~ge
.ecure, elieU, cemp:ete, comply w~th and ab.de by each and ~very ~he st~p~laf~ons, aqrrrn~~•nn, cond~t~onS, and ccve,~~j~~rs oi =,,~d pro•,,;»ory rw~e d~?~:~
-orrgage any or eithe~, and sa'd costs, charges and eapenses, each and every, shal! be immediatelv d~r and pa~nL.r: ~nhe+her w nor rh~•re ca no•~ce d-~
^ e^d, attempt to collett or s~it pend~ng; and the fu:l amouM of each and every wth paymrnt shotl Lea. ~n~_r~st fio~n ~he d~~e thrr.-of un~i~ ya~d zt ~i,e
••f• o~ nine per crn;um par annu:n; anc' all sa~d cosn, charges and e¦~,~nses irK~rred or pa~d, toyether tir.th su:1~ ~„rrrest, sh,~ii be s~•c~-:~d by ~he ~~~•n oT the
n~,ortgage.
b. Tha~ (a) in the ev~nt of any breach of th~a Mortyage or defa~h on ehe part of the L!ORiGAGOR, or ;b? ~n the evcnt any of s~ d s.,ms oF moniy
h:~re~n refe~rrd to bc not p.wnptly and fully pa~d wiihin th::ty 130; days next ain_r ihe s.~~»e se~e~a'ty beco~~~r d~e and pa~o6!e. wu+.o.;r d~:+:a-~d or ner~~c,
.,cy in the event each and every ehe stipu,at~ons, agreements. [ond~no~~s and covenanss o+ Sa•d prOm+SivrY r.a.~~ a~~J :h.s n:o~tgsye any or e~ih~r arz no~
i~~:y, prompriy and iu~(y periormed, d.scharged, executed, effected, complered, comp:~ed wrth and ab~ded 5y, then ~n e:thrr or any s:::h event ihe ia;d ag
;-egate sum ment~oned in 3aid promissory note thrn rema~ning wipa~d, wirh inrrre,t aa~ued, and a:; nwnr~s srcured he~eby, sha't beco~nr d~e ar~ par-
en e forthwith, or thereaite~, at ~he optipn of seid MORTGAGEE, as fufly and completely as i4 aii oi ~I~e sa~d s~:ns oS n~Oney ~nere o: ~g:~~a.iy s~ p~.at~d
, be pa d on such dsy, anything in sa:d prom~asory note ot in Ih~s Mafgage !o the contrary not,vithstand:ng: ,;nd thereupon or thcr~~ehrr at ~he o,:r,on ot
sc.d MORTGAGEf, wnhout nence or demand, suit at law or in equrty, therefore or thereatter begun, neay be E~rosecwrd as i4 ail rnonryt secu~ed h~reby
n,d maWred pnor to as ~nst~tut~on. ,
7. Tha~ in thr event ~hat at the beg~nn~ng ol or at any time pending any sult upon this Mortgage, o~ to forcc:ose it, or ro rcio.m ir, cr to e~ferce
~,ment o( any c~o~~ns Aere~rzdrr, sa~d MURTGAGEF sha!! apply fo the Cour~ having jurisd.ct~un thereot (or the apre~nt~nent of a Reci~~er, such C.un s~~a~i
v~rh appo~m a recei+er of said mortgaged prooerty all and aingular, inttud.ng ail and s~nq~ ar tl~e incane, pw4~!s, ~ss~es ar,d :ev<~:ues +ro~~~ wh:tr.er
s: _•ce drrived, ea[h and rve~y of ~h ch, bein9 expresiiy unde~stood, is hereby mortyagcd as if spet:;+ta!:y srt (oith and drsu~b=d i^ the g~a~:~~~~3 a~~d
endum clauses herrof, ar.d such Rece~ver shalt have all the br~ad and eff¢cnve funa~ons and powers in anyw~se entr~sted by a Cuurt ta a Rc~c~~~+~er, a d
,_n jppointme~~t Shali be made by such Court as an admitted rq~ity and a maner of a~sotvle right to said kIORTGAGEE, ard v~,~th~ut ref.rcnce to ti~e
~ravac~ w inadequac~F_rhe vel~e of the p~eper+y mortgaged or to the savency or ;nso!.ency of sa~d MORiGAGOR a the desenda:,ts, a~d th:;t such
- rs. profits. ~ncomr, issues and revrnuea shall be appi~ed by wch Receive~ accor~,ng to the lien or rquuy of sa~d R1JRiGAGEE and the pract~ce of such
l~.Jf1.
8. To du'.y, promp:ty and fulfy ptrform, d~scharge, execufe, effec~, compfetr, comply w~rh and abide by each and every the st~pu~at~ons, ag~ee,nents,
.~~d~t'cns and covrnants ~n sa~d promissory note and :his mortgage se! for~h.
4. That in the eve~t the ownership of the mortgaged prem~ses, or any part 1Hereof, becomes veated in a person other than the MORiGAvOR, t~e
t'RTGAGfE, its wccessc~s and asngns, may, without npnce ro the M(?R)GAOR, dea! w,th s~ch successor or successor ~n ~merrst w~th rrtcrence to th,s
=+gage and t.'k~ deb~ he.eby setured in the same manrer as w~ih Merrga9o~ wnhout in any way vit.anng or d,scharqmg the l'J1GIt(33~C~5~ I~dL`i.~ty hc~e-
~drr w upon the drbt hereby secvred. No saie oi t~r F~emises hrreb~ mortgaged ard no forbeara~:ce on t?~e part oi rhe :tOQIi;AG:E or i•s succrssors
, ass+g~s and r.o @atPnLOn of ~F~e !,me ior the payment oi the debe he.eby srcu~ed g~ven by ~he h1QR]GAGEE or rts s~ccessors o~ ass gr,s, „~aif operare
•o re~ease, d,scharge, mod~fy ~hange or affect the ong~naf tiab.,.ty of the MORiGAC,t~R herr~n, e~ther in whoie or en part.
10. I? is spec~f~a;!y agreed that time is of the esunce of this co~tract and that no waiver of any ob" ga!:on hereunder or of the ob'iganon se-
c~•~ed hereby sha~~ at any rime ~hereafter be he:d to be s wa~vrr of the terms he~eof or of the insrrument secu~ed herby.
I l. tn a;id !~~.o.~ to fhe forego~ng month!y paymenfs Of princ pa! and interest ~equ~red by The pro~^ Sscry np+~ sa,~rrd h~••.~b{, mec~33~~r co~+e»an!s
~ agrees !o ~ay to mo-tgagee w.`h each montfiiy pay~ :ent an add,nonal wm rs! ~ ated 6y mo~tgagee to be equa! to ! 12 of the an u:ai cosr of thr lo,iow-
A-AN rca' prope•ty eax~s lev+e.~, or assessrd d}3i'151 the a~:ove descnt~d r;al estate
B- Prrc::,: •-s on f r, ar.~ ~.,ndstv~m frw~a~ce as nere~n req~,red to be car.,rd en the :m,.roveme~rs s:tvar~ on tt,~ abo~e d~st~~k.ed prem~ses.
C-Pre~•~~~:~ s o^ such m.o~tg;ge gva*anty inwra..ce as mo-tgaqee sha:; froT !~me +o t..nr dcem fif ro carry o~ the loan secu-ed here~y.
Morrgagee s^~~~ `+cm n ne to t:~:e nc}ify mc~tyager m,tirrt,n9 of the a^-o:.~r d.,e and payable hereundrr and suc>> s~m sl~a!t ti~~~:cupen be due and
-ab'e on the ci~e da~e of the next rr,onth:y paym~nt ar.d each wccess~ve mo~th tne~eafi^r ~;:t~: merty~gee sha'1 nos,fy morrg~gor ot a char:~e in su,h
unr. Such s~~ns sFa ~ ~aop•ied by mortgag~e to.~ard the payment of ~eat p~epe~ty jaxes. insurance prem:ums, and ~norryage gua ~nty xis~rar.ce
,yF+~ lums.
~ IN ' N S'. REOF h. sa~d RTGAGOR has hereu~to Set his hand and scai the dry and year i res i"
S' and :iJEred in e p~esence of:
~ilEO ~M~ RECORpEp (Sea~J
~ _ ST.l1~C1E COUNTr flA. _orman tueen a ~usi~
110CER POiTRAS ( ~a
, ClERR ClkCWT COURT ~ (S~a1)
• RECORQ Vfn+F1f0.~ ~ ~ls . n ~
. l5eap
;~~TE OF!~d~6X Z1~LT~OIS M~t I~ 2 i3 PH ~T'
",~~~rY o~ ooo~t _ ~ 2 0 6 3 9 6
Be(ore me personally sppea~ed S._Corman S Lt3IIIQilthdl _ , a~
LOIS S• Blw~enthal his wife, to me well known and (cnown to me to be
~~~e ind~viduats desu~bed in and who ezecuted the foregoing instrument, and acknow~edged before me that :hey executed the same for the purposes
~~~_-ein expressed. And rhe ~a;d_ LA15 S• Rlumenthal
.+•;e of rhe sa;d ~ S• COZlilari 8lumenthal ~ ~o~1~,tP„~3a ,r~ pri~~re
e.am~naYon by me taken sepa~ate and aoart from her sa~d husband, acknowledged to and before me that she executed eah#?~fiU1'tent fjealy,a~id volun-
rar;iy and w~thovt a~y computs~on, co~st.ain~ apprehtns.on, fear o' or f,om her said husbend. ~w - .
WlTNESS my hand and offic~at sea! rh;s_ day of_ Febru~ r~' _ ~ • A•_ ~q 71
s~ ~ ~
rc~n
a~d jo. tFw-5iat• 1.L.I ~I~ 1S
My Ccmm~ssion e~pires: ~ 9- , "
Rerurn To: . . - .
` .
First Federa! Savings 3 Loan Associaron " ~
Of furt P ere? ~ ~ ~ ~
';f_s
Fort F~erce. FioriJa , _
This Instrument Prepared By Thornac . Dziscall
First Federal Savings 8 loan Assaciation
• ot Fort Pierce~ ~ lor ida
Checked By .
. Bo~K~.91 228
_ _ - ~