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HomeMy WebLinkAbout0269 E ~ 3. To place and continuowty leep on ~he bu~'d+ngs now or herrafter ~~tuare on sa:d ~and and on a!~ equ~pment and peno~a~~y cove~ed by this mo~~g- ~ ege, wilh all prem;u:ns thtrrpn pa:d m fuil, 4ue inwrante ~n the usvsl steni~jrd No';ty }orm. in a Si~~» aHp~o.ed U/ tii~• SlVR~v%.vEE. and w~ndstorm ~ ~nsurance in the usval sfandard po: cy form, m a sum appro~ed ty ~he A~JRTGAGEE, in svch co~:~pany or to ^~~an:es as rhe A10RTGAGEE may ~ d~;eU; and all iire and w;nds~orm inwrance po!~ciNS on any of sa~d Iw~'~d.ngs, aoy interes~ there~~~ or par~ th~rcoi. in ~l~e a99rrgi~e svm atorosa~d or i in lxCeSS there0~, ~hell Contain Ihe ulval Slandard matgagee Uause O~ su:h Othrr c~~we a3 tne A1or:yegee may tequ~re, rnol~ng 1ha ~oaS ~~~dar Se~d NOF~ c:es, eath and every, payab"e to sa~d ~1\ORTGAGEE af Js ~n~~r~~st may appear, and e3ch ond e.ery s~th No ~cy sl:ail lx pron:{+~~y asz y~~.~d and dalivared ~o eny held by sa~d MOR(GAGEE as t~rthrr src~rity to sa~d n:ortgaye d_~ut, and, no~ :css than ~~~n ~101 davs in ad.ance of ~he e~p~r„non of rach polky, ro de- I ve? t0 said h10RIG~~GEE a renewal thercof, ~ogether with a rete~pt for thr premivm of s~th ren,rw•:'; a•~d theie s!~e;l be no t.re cr L+~ndsto~m ins~rance placed On any o1 sa~d buildh.gs, any i~~terest there~n w pa~l thercof, u~!~•is in th~ ionn a~~d w~'h thr ioss payav'e as u(curia~d; end in the eve~~l any sum oi money becm~es payable under s~ch policY a pol~c:es se~d NORTG:.GEE sh.~i~ have ih~• e~,~,~n ro ~c.•.~.~~• :~~:d apF•'r ~1~a se~~~e on ac.u;, ,t oi the indzL:~•d- nass secwed hereby or to perm~t sa~d MORTGAGURS to recri.e and use it or ~~~y :.,~i rh:,~•ei rr~ u:~, r~..:r .-..s. ,.s ih cr ~•~:p.,~~- mg any equrty, Gen or r~ght under o~ uy virwe of this mo:rgaye; and i~ the evr~~~ sa d AtJ~2TGAvOFS sh.~!t ;or any r~ason (a~l to krep ~fic sa~d p~rm~ses so i :ns~~rd: Or fail to d.l~ver p{anptly any of sald pol,cies ot insura~ue to sa d AtOR!GAGEE, or t.~,~ y>:on+ptiy to ~?oy 1u!'y any prr.n~.,~n tncrefu~ or in a~y respzct fail to pe~form, d~s:harge, earcute, e(fe<t, complr~e. co~,ply whh and ab~de by th,s ccve~~~,~t, or any p_~r~ I,~rr, f, sa~d t~lvRi„AGEE n,ay p~ace a~d pay for s:,ch insurance or any part thereof w~~hout waiving or affec~ing a~y oFt:on, iirn, eq~,ty, oi n~hr u~~der or by v~n;,e of :F,;s Alortgage, and the fo~l amo~nt of each and e.ery wch payment shalf be i~rmed~arely d~e and pa~ab!e a~,d shail brar ~~,trr~st frcm the date thcreoi u+~!iI pa~d at the rate ol •:r per tenr~m per a:i~w.n and t~~r~hcr w~th such inte'ust sha!i b« s~~c~red Cy the Gen of th~s mortgaye. 1. To permit, com;nit or sufFer no waste, impairmcnt or dat~~r~oro~wn of sa~d p•c~,erty or any pert th_reof. S. To pay a11 and aingt~lar the cosrs, chargea and expe~ses, ~n,~ua~:g a rcasonsb'e atte~~~ey"~ fee a~~~ co=ts of a6stiacrs of t~f!e, incurred o~ pa~d at ~~y time by sa~d MORIGAG`_F, becausc or in thc eve~~t of the fa:iure on ti~r part of ihe za~d R:JRiGAGOR to d;:~y. {;ror.~N~iy a~~d fu.ly pertorn., dacharge e>_~cute, effec~, comp.ere. co~~ply w~~h and ab.dr by ea:n and every thc st~p..:ar.o~,s, agree,~.~~~+s, co•td~~:ons, a~~d coYe::on~s of :<~~d ~~~o~:.>sory nat~ a~~d eh~~ ~,or~gage any or e~+her, and s~.d cests, charges and eapensrs, each and everY, Siljil ~ ir, J~et••tv d~~• and pay::6 v`h~ rher oi no~ ahe~e be ~oT~ce d:~ mand, attem,t ~o col~ect or s~~ir pen~.ng; and ~he full amount of each and evrry- w:h pa~,nrni sh.~l! bea• i~,!~~r~•si iro~n the date therrof until paid at ~he r.~te oi nine per ctnwm F.er an~w*r ~:~t: a1l aaid coYi, ch~tqCS end ~x~~~na~s uK~~rrd cr pa+d, Ioyather ~ti~~h auch uver~•st, shail be Sewred by ihC lien Of th~f mortgage. b. That (a) in the event of any breach of thls Mo:tgage or dcf3uh on th~ part ol i~,e ~'.ORiG~G04, or ,b} in the event any of sa d wms of money herein referred to 6e not pro+nptiy an3 fu:ly pa~d withi~i Ih.~ty t3J! daYS ne,! a~t:•r the s.~ ~~.e se~er,~ !y beco ~~e d.,e and pa~a6'e, w~~hcut~den,and or not~ce. ~ c~ (c) in the e~ent each and every the st~Nv:at~ons, agreements, co~~d~'~o~s and co.enants of sad Nre~=:~ss.,~y nofr a~+d th.a ~no~~gagr an~ or e~ther are no1 ! ~.,;y, promptly and fuuy perforrned, dscha~q~~d. e~ecuted, eiiected. comp!ered, compi~ed wiih end at~drd 5v, then m e:th=r ~r ary s~ch event the aaid ag •:Jate sum meni~Oned in sa+d p~omiasory r:,te then :e~n3~r,ing unpeid, with ~Nr~i>t ac::,;c:~, a~:d a~t mcnrps secured hr~r~y, s~wii C~co~ne due and pay +c e forthwith, or iherea!rcr, at the ept:on ot said A10ATGi.GiE, as !u~Iy and co~npEe?riy as ii a!! uf N~r s..~d wms oF rn~ney were ong~r,a~ly st~pu~ated to be pa.d on suth d~y. .~nyth~ng in s~ d pre:~~.ssory note o~ ~n this 6lortgage to the cont.a~y nut..:thst,~•~d.:~g; and thv~euF~on w:h~+en~ter at Ihe opt~on o1 s~ d MORTGAZ',EE, v~~rnout not~ce o~ tiemar,d, su~t at law ur ~n eq~dy, therefore or ~hereairer bec3un, may be proaewted as if ail moneys sec~red hereby n_d matured pnor to ~ts ~nst~tu~,on. 7. That in the eveM rhat at the beginn;ng of or at any time pend~ng any suit upo~ th~s Me~tgage, or to foredese it, or to refo~m it, or to enforte Fayment oi any ciaims hr~eundcr, said :".ORTGAGEE sha:: apply to the Court havirg iur~sd.ci:on t6~:~ei for tFre appo~ntme~t oF a Rece~ver, svch Co~rt nhaii ; ri:rhwith appe+nt a+rce:~e• of sa~d mortgaged prooerty al1 ar.d singuiar, inc:~d:ng .~il and smgu'd~ tt~e•mco~ne, prohts, ~ssues and rever.~es from whetever ! s;~~ce dei~ved, ea.h and e~~ery of wh~ch, it ae~ng expressly ~ndersrood, is ~~ereby rt~engnr~rd as it spcc +~caQy set bnh and drsuib_d ~n r~~e g~ant~ng and ! jbendum c?a~ses he~~ot. and s~ch Rece~~er shali have all the br~ad and rffettive funr..ccs anb ~oners ~o anyw~se ewtrust~d by a Co~rt to a Recriver, and :_ch appoinrme~:t shal; be rt~ade by such Coun as an ad;n~rted rqu~ty and a iTatter of a5sa~uti,r:~ht,to sa~d MORTGAGtE, a~~d v~~nc~ut rcierence to the edeq~acy or inadeq.,acy of the va:ve et the properry matgaged or to the so.venty or ~`ns~:.rncy Sf sb:d MORi~,AGOR or the de+e~~da~~ts, a:td ~het such •^•s, proirts, incc:r.e, iss.,es and retienues sha~l be app'~~ed o~ such Rece~ver ac.ordu~g !o ~he ~~en or rqu~ty'o1 se:d l.'.ORiGAGEE and the prachce of such ~ Coun. • 8_ To d~'v. F:e-r; •'y and fu14y perform, discharge, execuf>, efjECt, comp!ete, compty with and abide by each and every the atip~:ations, agreementt, ,._-ditionx and wver,anrs se~d pro:-e~asory note and th:s mortg3ge srt forth. 9. That i~ ihe evc:~t the o+~~ersh~p of the mortgaged pr2m:ses. Or any part tner~of, 6•xanes vested in a person other than the A10RTGAGOR, the : ~R'GAGfE, its w:c_ss~~s ar.d ass.~ns, may, withovt nonce tu the XORiGAJR, dea~ with such successor a suctessor in interest w~th referen~? !C :~is ^ o-:gage ard rhe d_o! !.crecy secvred in the same ~~anner as w~ih Mortgagw w~thout in any way vit'ating or d~scha~ging the biortg3gors' iiab~l~ty here- ,-de+ or upon 'h? c_hr r;~~ se..,r~d Ne sa!e of the F~en •srs h_reby n:wtgagrd a~~d no iori:eara:ue on the part of the ~L"•OR:Gf~GEE or its s~ccessors c~ ass:gns and c~ _x'e~ s.o^ o? The ~:me tur the pay:nent of the de~f h~reby sec~rrd giver, by the f.tORTGAGE~ or rts succesnon or ass:gns, a~~a'.i operate ro rrease, d sc^:arge, :rx+;+y chenge or affect the crig,nal tiao ,.ty of ~he A'~ORTvAGOR here~n, either in whoie or in part. 10. h~s sFec t~cel~y ag~red that tir»e is of thA zssen:e cf !h~s con!~act and that no waiver of any ob'~ganon hereunder ar of the ob!igation se- c; red heroby sha': at any tin~e thereaher be he:d to'be a wa~~cr of rhe trr~:s hereof or of the inur~n:em secu~ed herby. I l. In ~:i~ :,e ~o.ege ~:7 ^o"ih'Y pay~^ents of q..i.:c ard rr._St re:;~;red by tFe Hro•• sscry nc'e srcv~~~d hr+~b/, mortgayor tovenants agr_~es ro pay ro rg.sgee »~th each ~^cmh y ray~-ent ar. adci,~~;,nal swi es' ~ a~ed b~ mo-~~.+gee to be equal to 1, i2 oF sl,e ,.n:wai cost o4 the foiiow- j j A-Ai: r_a' Frcp_•~~ t3,ers ie:~e~ e~ dS52S4C(7 ag3+•a~ t~.. ahove cicsc~~~~d r_a~ esr~re B-F~_•, _ rs on f~re and v„~~dsfo•~., ~ns~ra~ce as he:e~n req~:red ro be ca.r~e.d cn th- :m;:roveme~ts s;tvate on the above d~su~bed premises. C-P•e:-~~~-s en scch r..o~r;; •oc• gua•a~ty ~rw•a~.ce as rr.e•+gagee sh3~l 'rem +~^e ro t.~v~ d~~~r-~ i~t to carry on the Eoan secured hereby. titortga~ee s: ~ n•-:e to n,-:e nc~~f; mcrrg.~ger ,n w*~r:~g of tne a~ro,:~t d•,e and payar,!e hereund~r and such sum sh3!1 Ihereupon be due arxl .•.ab'e on rhe o,:e c~re ot rhe iu•.r rnonth:y pay~n^nt and each successrve ~o•~th thrrea`.ter ur.t+i mcrrgagee sha~l rot:fy mo+t9agor of a change in such E - ount. S~ch su^~s s~ ~ t;e ap~~~~~~ed by mortgagee towa•d the payment of rea! property t.lnes, ir,su*a~ue p~em.ums, and mortgage guaraMy insuranCe ~ : •eTlums. E it~ ~:IT~;~;_ :dHfo~: r sne a~d RTvAGOR has hareunto set h~s hand and s~ai +he day and year (irst aforesa;d. s S~g 'ed a d , the presente of: `LEO ANO REC~R~~a. ~~~'~~1,/rt/-~~~e~ ~ : s~. wcif couw r A § CLERKCC{ACUtT COUR t ^ `-~7 . {s~aq ; _ - - - 1tECO~to vEn~iiEO t~.-~ttt-1- cs~,~~ t ° cs~au ~ p _%.TE Of FLORIJA 1~~ W l~ ~,1 - r ~ $S- ' 7U!JTY Of ~ ~.u~ ~ p ~ 2 0 6 4 2 2 ~ ~ - ~ Befwe me prrsona'!y appeared _~___{~I1111~I0 Hltt ' ~ ~ _ Ann M. H1 t t____ _ his wife, to me well known and krwwh !p~ f7e , ~ ~ +^e ind~+idwls descnbed in and v~ho execured the foregoing ins?rument, and adnow~edged before me that they exec~ted the same~fa~.~If~~F~ a ~!-~erein exp.essed. And the sa~d- - - - AI1T1 ~'1, Hl~--- • ~ ~ =.~3` • t~ ~ +e of the said - - - - - - - - ~11.1.1d~. Ka _Hl~ - _ . _ upori ' rp~r F" • p~Ti t~: ~ - r ~~+am~nanon by n~e ta%cn ie;.arate ar.d apa.t frcm her sa~d huaband, acknovviedged ro and before me that she exrcuted said insq ~d.fr~y apd• ~ r_ - ~ ~ ~ tan;y ~nd w,tho•~~ any co~.•;.utsron, ccr.she~nt, apprehtna, r fear of e~ from her said h~sband. : r e> _ WITNESS rny hand a~d affic~at seel th~s _ dey of- --_--_~~~ZCh • /y . 19 :Lv - - 1 ~ : . ~ ~c i ~ . - r~dCl.~ _ ` ti hu~ary P bl~c ~n a~~d for f S~ e of Nwid~ . My Comrh~ss~on exp~rra: "f~1N:~K ~et:~-~. to ' `k'~`' ; F~»t fede~al Se.+~ s 3 toa.. As~oc..,t.on ~OR'~ AT u~ ~ 3 NOTARY PUBUC $TATE OF ' ' ; ; . _ MY COMMISSION EXP~RES MAR. ~ ~ F GENERAL INSIIRANCE UNDF,~~ Z 1g7S RITER$. iYC, "f " Th;s Instrurnent Prepared By Richa rd K. K~yes s ~ First Federal ia~nngs & loan Assouation ~s of Fort Pierce Checked gy j~~ . _ ~ ~1 2~i8 ~ _ _