HomeMy WebLinkAbout1415 3. To place and continuously kcep on tht bu~'d~~g+ now o~ hereaher filuatr on s.ud land and cn aG cq:,l~.n,cnt e~~d pc~sonaily totirr~•d by this mo+~g•
ege. w~th all ~uen,~~~,~f Ihr~eOn pa~d i~i f~ll, fuc ini~rsnc~~ in ~h•• utual ftanda~d po:..y fo~m. in • s.,~n ey~d~.a~•d Ly Ih.• hlVkii~:.G[E. ~~~J wi~~ditouh
~nsurance i~ ~he uwal sta~id~rd pot~cy torm, in a wm a~~F~ro.ed t~y the MORTG~IGEE, in such cun,~,any or co~n~~en~es aa ~he M.ORIGAGfE may
dnecl; •nd atl li~e and w~nd~torm ~i~suian~e {wl~c~.•~ on any ol sa,d budd,nyt. eny inte~u~t thc~c~n or ~,ert thcreol, m ~he ayg~~9atr wm •fo~etaid or
in excets Ihereof, shall conl~i~ 1he uwal stand+~d ~nortgagre tiause or such olher c~~ute ds the Mo~k~ayec n~ey ~r.qu~re, ma\in~ Il~r ioas und.r s~~d poli-
i~ce, each and avrry. payab4 to ea~d A~vR1GAGfE as ~ts u,~rr.•sl may appcar, arid cacl~ a~,d c.cry tvcl~ ~,u,iy ~hail br ~:ro~nNUy asiy~~~<I a~~d dcl~.c.~d to
eny held by se~J MORfGAGEE es (w!her srcur~ty to aaid n:urtyaye dcbt, a~ed, not Icss lhan 1~•n (101 diyt .+d.n~~~e o1 1h~ e¦p~rol~oi~ 01 each ~w:~cy, 1o de-
I~vll fo sdit~ M(~RiGA(~ifE a re~~ewel U~e~ro1, toge~har vvi!h a rete~pt ior ~hc• p~rrnwm o1 Such ~ener.a~; .~~~d thrte ih.+ll Le ~~a {~re ur w,~~Js~w~n i~surence
placed On any o1 sa:d b~ilJinys, ony intrresl Ihc~e~~ o~ pait thr~cu(, un'.~es in the tuim a~~d w~ih the luss {,ayaf:lr as od~~rriaid; ar:d b~ Ihc event any s~m
ol money be•comes p.:yal~le vnJer s~ch poGcy or pol~cios sa~d lNORTGAGE[ ah.~il heve ~h~ opr,on to ~rc~ ,~~~d ~p~'y tl~r s~~~~e on acc~~ af ~I~e ~~~J~•b~.•d-
nrts se:~red he~rby a ~o permit ae~d MURTGAGORS to recrivv and ute il or a~:y ~~.~rt t>~_..•:.f tc~ ~ i.u~; ...+i.~„! ~h c~ n•~~~.;n-
iny any eqv~?y. lien or riyht under w by wrluc Of Ihis mor'yage: and in thc evcnl sa~.d M::n'1GAGQRS sh~!I :or .~ny rceson lad fo kccp the sa~d premiSCf so
ins~r~d. or fail lo drt~vcr prOmpNy any ot sa~d S~oLc~ra of inwra~~.e to aa d MORiGAGtE. or f.,~': ~~ro~r;:tly ~o ~~,+y fu,~y any p~c !hrrrlor o~ in an~r
res~~r<t fail lo ~rfurm, d~sihr~ye, e~ecute, e(lect, co~~~p~eta, co•~~y~Y w~~h and ab~de by th,s covc~~.~•~+. o~ an~ F,.~~~ h, reof, s.+~d 1d~RiGAGEF fnoy p~ace a•A t
pay for such inw~.~nce or any part thereof w~~hout waiving ur alfe:ii~~g uny O~~hon, leen, equ~ty, n~ rv_~~~t u~:Je~ o~ b~ v~~tue o~ th+s Mo~~yage, ar,d tne
tull enw~nt o( tath ond c~e~v svch paymen/ shall be unmrd~afrly d.+c a~~d payab~c and sh,~l! b••er ~ntr~~ st fr~n~ tho dofe Ihr~cof untJ ~•~~d ot thc rate OI
~~~~~e t~~nt~m per e~~nu~n a:~J Iu~rthrr ~~~rth such in:~rcel ~h~l~ b.• src~re:l !iy Ihe Gen of th~s morty.~ye. !
1. To pennit, comn~it or wifet no Naste, impairnient or drtcr~orat~oii of sa+d property or any Nart th~•~coF. i
S_ TO pey all end a~ngu;m ~he costs, chargM snd e<<:e~ucs, inciudm9 a reasanoble a~tumr~'s fre .+~~d co~~s ol a4;s+ratts o~ t~tl~, incuned or pa~d at
?ny tim! by sa+d $1URIGAG~E, be[.wsr or ~n the evCnt of thr fa.ture un Ihe part o1 the s~:d 1btJklGi~GVQ 1u d~:y, p•~•~~~{:?~y and fu~~iy ~:erforn~~, d~s~hi~ye.
^aeCUtl. !}flCl, Co~npletC. CO•nply w~th and ab~C by each and a~ery thc sf~pc~at:ons, egtc••nn`nts. cond~trons. end tiuvr,•~nfs uf s..~e~ ~~~:e:~~.uw~/ note sn~ tf~~~
nortgage any or e~~her, and sa:d cosra, charyes and eapemrs. each and every. she;l ?x> mu„~•d~at.~'y d.:r and { ay.,L:r; w1~..rher or no~ tE,<~re be ~o~~ce d.•
~nand, a!lempt f0 tOi'~Kt Or fuft prnd~n9: and thr 1u11 amount o4 eath and evrry S~ch pa•,n:rn1 ~t,.~~! t,..ar r,~t..rrc~ frorn the d,NC the•reol ~nti: pa~d at the
.e~ J~ ~li~M E~Ct Ca`niunl ~~Ct d~~~~~'~~, 1.1i(~ CGSiS. Cl~.t~9t5 d•1e~ a~Rl~a•r~1ts ~rlCUrf~(~ vI F;J~C~, tp,i~ti:e~r w.l~l iVCf1 ~i11e1~1f, S~~J~I itC~ti•, ~y 1~1C I~~n O+ ~~~if
~..prigage.
6. That (a) in the e~er.t oi any breach o~ Ihif Mortgage or d.•fau:t on t!» p.~~t of thr ~Y•ORiI~~~G'JR. oi _b1 ~n t!~r ev•nt an7 0l sa d sv~ns of money
hr•.•m refer~ed t0 be n01 pr~nptly ar.d ~v.:v {;a~c~ v.~th~n Ih:rty ~30i d,~ys nc.il atr... li~e s"~~:c s~•.cr.+'y i.cc~`- dvc' .`~~d {,e~el~le. w~thout dc:nond O~ nclKC,
:,c~ ~n the event each and eve~y Ihe s~~;.u.at,o~s, a~re~~ments. cond~a~o s ar.d covcn~~~~s o! s_~d ~,r:,.~,.iw~y ~uf~~ a~~J Tl~.s rnu~tgayc any o+ e~~her are not
~~!y. ~.ro~n}~7~Y and f~lly perfor~ned, da<!~a~q•~d, e.cec~ted. etfecr~d. to~npietrd, co•ii~~~~ed v:~•h a~:d at.•d~•J `•y, thrn in e~thi•r o~ eny wch event IAe sa~d ag-
3~rga•e sum fnenho~~`d in sa~d prO~n~is.:r~ n~te th~•n remamu~y ~n~e~d. w~th ~nterc,t ac::c~d. ~~~d ~~~.,i~c~i e,currd herri;y. Sl~a:l bccwnr d~e artd pa/.
ao.e forth~n~th, or ~hereafter, at the op!~o~~ of s~~d MOR1GAviE, as t~~iy a~.~ co~.:p:erc:y ~s ~1 a;~ uf ~!~c s.~.d s.~.~~s oi ~~,u~~ey a~ere or~g~ne:~y s~•pu:afa•d ~
to h¢ p.~.d on wch ti..y. anything in sa.d {no.n,uory no!e o~ ~n tius r.lurtgaye to the cen!rary n,>t.:nhst.~~~.~t:~:~. a:•d therr..~pen ur ti~crcaf;~•r at the o~;t~On 44
s~ d M~?RIGAGEE, v~~thout nohce o~ demai+d, su~t at law o~ ~n equ~ty, the~etore Or t~~er.~atter bryu~~, n:~y be 4`t:,a~:ut~d as ~f ail moneys secu~ed hetCO/
n.,d matured pr:o~ ~c :~a ~~stnvtron.
7. Thar ~n tt~e e.ent th~t at the beginn~reg of or at any time pend~~eg any w~t v~,cn !4us tiJ't:7.~y?. O~ tu +orocl.:se it, or to re[orm i1, or to er.force
~•ayment of erv c~.~,:,•n I~c'~CUrt(~~f. Sd~d h1i~4~GAGEE ahdil ~pF,ly to the Court havmg ~unsd.tt~.:n tor +h.- ;.,.o,nt~nent of a Rr[•_~ier, SvCh CGU/t shail
Y.~!hwdh apCo~nt a r~•cr,.er o1 a~~d mortgag~-ci ptOU~•tty all and singular, int~ud.~,g o~i and v~~gu,ao N•~ n~c~,.~.r {VrOf~t1. i5luei ard ~rvc•~ucs t~o~n wh,derer
s: u•ce denvtd. e~ch a~~d e.ery of wh•ch, ~t tnvng express'y undr~stuo:l, is Hrrrby n,orf,~.~ ,~•d as ~f sp~~~ ~.co:•y set to~~~~ a~d d~~su~bed m the g~ane.~~g and
h..;~end~m c:evses he:rof, and such ReceiYCr shaU havr aii the broad and eifect:ve iun~' s ar,d po,~c•~s ~n any f;~se ~•ntr~sted by a Cou~! to a Rr:.:i.er, a d
s:h appolntment sh~l{ ba m..de bY s~ch Ceurt as an ad ~uncd ~~qu~ty and a matter of at~so:utr r.y~n to s.i~d .'.'.J2TGAGEE, o~~d ti:rh::ut reEerer.ce to the
r.'.equacy or ind(ICy_~3Cy o! thc vatve e~ the p•epe:ry ~nor~g,~ged ur to the so,~cncy or ~n::: .r~uy o( sn•d ItO~~'~nGOR er the drtc•:da~.ts, a~d rh~t such
r,• :+s, profits, ~nco,ne, usues and :e.ences shali be a}~pGed e~~ such Recr~ver auwd:ng ro the i~en or equ~t~ of sa~d hluRTGAGEE end thr p~act~ce oi tuch
~ourL `
8. To c~~~'•y, Frert~pt(y and (v.~y pe~form, d~acharge, e~ea~te, ef~~ct, toT.;~!rte, to~: F.~r w,!h ar.d a:~iJe by each and every the s!~~~~:ations, agree:r.ents, ~
, ,~ndit~ons and co~enar.ts ~n sa.d pie:n~snory roi~ and th~s m.;rtg~ya s~~t forth.
4. That in the ev~nt ?he ownersh+p of the mo~tgaged pren~~ses, or a~~~ pa~t rr;. r~:uf. co•:~es viceted in a person cther !hen the M°JRTGAGJR, th~
V~RTGAGEE, irs svccessors a:~d assigr.s, may, witho~t no~~te to ~he ~:104~v~OR, d~a~ .v~ri, s::ch wccrssor or s~::cesw• ~n ,nterest w,th rrtrrence ~o th~a
• o~~gage and ihe dri~t Aereby sewred in the same manner as .v~th Llorrgego+ vc thout in a~y .<.~y vif.;+ing or d.scha~g~~:y the ~.1^~1c~.~yc:rS' liab~~~/y h¢re-
. r drr or uFwn ihe d,r,t h~ ,ec.,r secv~~-d Ne s3 e o1 +he F~e~. ~ses h•;rcby ~no~tyagrd a~~d cc tor!.,.,:,•ue en thr ~.a.t ot the ~.10R;vAi;it o~ its s~ccessors
ass~gns and ^o exrersto~ ot ~he n~nr io. rhe payment of the deb~ hercby si•cu.ecl a~.•en ny the :.~JR':GAGE`_ o* +~s wccessors or assgns, a~.afl operare
ro reiease, dscharge, mod~fy cfianye or affect the o~~g~nal Gab:;rty of the N:ORivAGQR herrm, e~thrr ~n v~hoie or in pa~t.
10. !t ~s spcul~catly ag.eed thef time ~s of the essence of tl~is contract and that no walver of any ob' gat,on hereuna~er or of the ebligation se-
c~r.ed herrby aha'~ at any tinx therea!~er be heid to bc a wa~~rr oi ~he ~erms hereof or o1 the instr~mem scw~ed h~~oy.
~ 11. In ~.i~.1 ~ J~~ tp thc' 40rC_~c .%7 ."^.ih'y }~ayr.:_.~,•S Of p'~:~t ~~~i and int.•te'St ~ey:;~rp~ by t!~e ~~~rpn• SiGry ~~G'~ 5.:.:.'dC~ f~i•ribj. n1U'1~9~~r COVBndnt3
, d agrces tu pa~ to :•o:tg:.~ee v.~th ra_'i ~numh,y pa.~.,ent an ad~i ~ onrl sum ~•s•:.* at~•ii b{ :~~orry~yzr to L•e equjt to 1 12 oF r::~• „n:wal ccst of the follow- 1
3
A-A1 :ea' ;~cp.,.•y t3xas ;e o+ ass•_s+c:i eg,~ s' ti•c ahove d_sc~~•.d r:al es'.,re.
` ~ s
i B P. ~-~s on f~r.• and +.:•~:+.sTO~••~ ~r.au~acce as i,e~•_~n r~qured to b~~ ca-ned o^• t'ri~+ ;.roveme.N3 s:tuate on tti~• above desc:+~d premises. F
~ ~
~ C-Pre.~.~:,~• s o~~ scch ~~-o-~~ or q~d•d.^.t~• irsurd~ Ce as ~.w•!ga~~•~.~ sha..i fr,. ....e •o .c dre"~ fit ro carry on t6e toan sctured hereby. t
f . . ,
~ Morrgegee s e-~~ o t•~e nc•if~ mc•t,;,;g^~ n wne~ng of the a~~ or•.~ d:•~ ar.d pa~ab;e hereund,~r and such su sha~l thereupon be d~e and 1
~ ,,.ab?e on tnr ::~e .,.;~e of r~> ,•r.t :no~~rh ~ y±ay•.,c~,t and e.:c~ su:cess~~e ~e~~~h r=~c~r•ate_•. u:t~' mert^y,i~ee sha!I no~~fy mo;f~agor of a ehange in svch
•.x,nt. Svch s.: +'s s. :~e :e.! L~ mor~geg-_r tona~d tl2e paymert o+ reai preF~e.ty taRrs, inw~a ~te pr~~~n vms, and mortgage guaranty insurance
E . _ n~iums. ~ .
E IN \'~ITr~~~~ :•,Nc4'~O~ ..e sa~d '.10RTGAGOR has hereunto set h~s ha~ d and sral ;he dr;r and year first aforesa' .
! uy ~e~
F n _al :d~ in the P?1l.CV ~ECrQ~~tp ~~Ci~A
t ' ~ et ~uC1~ ~OUN~y , BY:
E R6CEa POITII~~ R. E. (Seap
~ - - C;RCUIT OOUAfi ~ (S~eq
p v~iL~t - - - - 'c'v ER~iiED ' ~ Seaq
~ - - ~q AT?BS? : ••E~ (Seaq
~ ~ ~H 1 ~ v osQ, acra ~ ~
~ • • - - - - - ~ ~ ~
~ . aG'. rl' ' -
` ~ O? 1 5 1 s 7"•. f''~.::~~ ,r'
L STATE OF FLORIDA COUNTY OF ST. LUCIE i~'-
Y t-;';
~ I HEREBY CERTIFY, That on this day of ~P=i1 -`,~!~.D. 14 71 ,
~ before me personafly appeared R. E. Rose and Mazy ROSf _
}
~ respettively _ President and Secretary _ ~
, of
y WestglQA CorporaLion , a FlOtida Corporation, to me
: known to be the persons described in and who executed the foregoing instrument, and severaliy ackr,owledged the exe-
cution thereof to be their free act and deed as such officers for the uses and pursoses therein mentioned; and that they
affixed thereto the official seal of said corporation, and the said instrument is the act and deed~~olls~d~colppration.
~ _ .
WITNESS my hand and official seal at Fort Pierce , said county and sfatd;
This instruaent prepared by C ~'~1. ~
- John W. Collins dl~"~ ~~"t" " '
~ First FedQSal Savinqs and Loan Notary Public, in and for State aac~~~ou?t~~aforesaid:
_ Association of Fort Piazce, Florida !'c~ ~i.~"iSfa~??9i~f~r1 urqe - r- ~ 0'.~• °
~1y Cc: ..ris:ion ExF::~s F~~~. 17. 1914 •
s~.~c.. ~m~~~.,~ . ~ . .o. •~i - ~ ;
~ i
~ Checked By~- -
!1 f
~ BOOK
~ V ` 1y1 ~ i~i~ 1
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