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HomeMy WebLinkAbout1309 ' 1 3. To place and con~inwualy keep on ths bui.dinyt now w hereeNer ~;fwte cn sa~d I~nd and on a~t cq~lpn,enf s~d penonally covered bv this mor1Q~ age, with all prem~ums :hcrcon pa~d in tull, fve ~nau~~~ce ~n ihe ~wai ssrncfard poGCy +orm, in • a~m epproved by ehr 6~~~R~:~AvFE, a»d w~~s~am ~~wra+~ce in ~he viwt standa.d poLcy fo~~n, in a sum epproved by ~hr MOR7GAGEE, ~n wch company o? compamcs as ~he MpRTGAGEE may direct; ~nd aU firs •n~ w~nci~torm ~nsuro~te poLc~ea on any oF sa~d kwild~nqs, •nY inlcrcu N~c>cui o~ par+ ehr:ro~. in the afl9<<9~~e sum a}Wesaid d in •xt~ss 1her~f, shel! cwuain the usual sts~Fdard mortgayce ua~~e a wrh o~he~ c~a~sr as ~he Mo~tgsgee may req~.rl, ma?~ny ine ~aas urrlc~ ta~d polt c~es, sath •nd every, peyeb~e tt+ ss~d MJRTGAGEE as ~tt ~~~~ere~t may ~pprar, end each a,~d ~~cry ~~t~ p:,~,:y ahe~~ be p~omptty assg~ed and ckGv~red ~p •ny hald by u~d h1JRiti,AGiE ati tu~thcr se~urity ~o u~d mo:t~ege dabt, a~~d, nof teu tMn tr~~ ~;0) d~r's ~n ed~ancr pf rhe e:puor~on oS each poi~cy, to de- liver 1o ae~d M~RTGAGtf a rencwo+ thoreof, loqcihe~ with e rccc~pr for thr prem~um o1 wch ronewal; r,d ~here sheli be no Lre or. wi~~ris~u~m insui~nce plscad on ~ny of sa~d b.,:id~+~gs. ar.y in~crest thcrein a~nn ~h~reof, unleia in !he lo~n: a~~d vv~!h ~F.e ioss paYaU~e as aforess~d; snd in ~he eveM any fum ol money brco.+~es paysbte u.xier such policy d pol~ceo~ wed h1JR7GAGff sh,+lt hrve ihe opt~on ~o rec~•~v. .~nd apy!y ihe sa~,e on sc.o~.~i of the indrbtrd ~ess securKJ fKreby or to permit s~id MORTGAGORS lo rete~ve ~nd use it p any pa~t ~!r• i•.~.i o:r~..r , csia .•:.~i~;,~.t M.•.:i. ,e,.,~.~ ~ o~ r,,.oir- ~ng any puuy, I~en or nght unde~ w uy virt,re of this mors~e~e; and m ~he event sa d MJR?Gai•OR~ sha'i !o+ any rcason fai! to kccp t},c sa~d prem~ars w ~nsured. or fail Io delrve~ prpmptly any ol sa~d Fol~_~et o1 ~mura~~te to sa~d MOR'GAGEE. or p•;,~n~,~iv ~o E~ay fu:!y any p;e~~l~i~n thcrc•tpr or ~n any refpect tail ta pertwm. ds:harge, execufe. effect. complere. comply wrth and at~~~ by ih;s covc~~a,~. ~r any na~e twrrof, a~:d MC?Rt~,l1G:E may p~ace s~d pay fw such insur~nce or sny pa•t fhercwf w;thouf wa~v~ng or affr.t~~~g eny o~~t~on, Gen, eq„,ty, oi r:3h• undrr o~ br v~rt~e ~f eh~s Mo~tga~e, and tht lull s~nouN ol cach ~nd every such pey~~ent slall be ~mn.ed~afel~ due and pnyat~le end she:i D.ar 6rter~at from thr dete thcrroi u~~t~t p„~d s~ !he ~ate ol .,~ne per cenf~m ann~im o.~ci rp3rther w~th such une csr sha~. :u• sa:wed by fhe i~en of th~s morty~~a. . 4. To p~rmit, comrnit or wffer no waste, impa~.•nynt or dc!eno~~Tion o~ sa.d t~•ope~ry or any part ih~•reof. 5. To pey el! and singvPa. the costa, eharges ind expens. s, ~h; Iudu~g a reaso~~au~e attor.,r ~'s fre a~:d ca~ra ol ebscrrcta o4 tn!G, incurred w pa~d at nny time by sa~d MORTGAGEE. beceuse w m the event of iht To~~urc on rn~ part oi the sa:d MJRiGA~IR ~a p~iy, pra-~reiy and t,,:iy p~>rlo:m, d~fche.qe errcu~e, eltect, Con~pie~e. comply w~~h enq ab.dt by ra.h end every nc~ s!~a~:ar~ons. ag.re.,.:~°»s. co~d,:~ons. and ccve ,en!s a+ ss~d ~xo^:.>so{y nott and th~~ ^~o~~9ep~ d~Y e~thrr, and :a~d cosfs: chargzs and eapenses. ra.h end rv.~~y. sha~l !.e /mm~•d~aret~ d.ie and Fayab!e, W~lt•Tt1@! pr not !hr~e kx nonce de mand, attempt to cn:iect or s~~i~ penti:ng; and the iul; anwunt o~ ee:h and e~P-. :~ch p~,~:ent st~,,L t,ra. ~n~~-est t;om Me dere ~~ECFOI ~nri1 pa~d at rhe fc 04 n.ne pea ccnr~n, }:e' a~r~...*~: a..ct ett sa~d co.ri, charges and c.:.rr,sea ~nturrcd or pa~d. to,~other .r~th wit+ ~,,icrrst. ihaU be aec~~ed by the i~en of th,~ mO~1Qi4R. _ 6. That (al in thc evem of a~y breach ~f this Marrgage or dP~a.~'~ on ~n~- p.~rt c` '~.c ti10RTG~+GOR or ;b) m thr cvent any o! se:d sums of mo~ey he.ein refarred to be ~ot F~v:,~.,t,t and fi~lty pa,d x,rhrn ~n,•t~ ,3:~! do;s ~~c.r a•t •r ihc- s~„*,e se.•e~.i 'ti he~:~~,.~• d.,c and paysb~e, w~~hcur demand w nonte. ld in thr event each and eve~t fhe shpvtauons, agrrrme+~ts. co:~d,r,ons ar~d covenants o! sad p~on,u.•+y no~r a~~d th~e rw~tgage any pr e~tf~er are r.ot :.~!y, prOntptly end fuiiy pe'fptmec3. d~scha~ged. executed, eHc.fed. coma~ered. ca:n~,;:ed u.-+rh a~~d ar•dr•d ~v, it,er, ~n e.fher a eny such evero the sa~d ap~ g•agate sum ;Mm~oned ivi >a~d pro•~~~ssory note then temain~~~9 un~eid w~th m~~•~rst au:~ed, o:~d o: moncTS set~red t~r~eFy, 3ha!! brN~ne d~e and pay- r~~e torthw~th. or therea'tcr, a~ the oi~•~on of sa~d MJRiGAIiEE, aa !u~~y and compleec'.~ as i( ai: of ~+.a• s<~•d iv~~~s oi mOney were o•+g~ruiiy shp~,ared ~o be pa~d on s+~ch dev. anyfh~,nq in se.d prom,ssory note or 1n ~hia Mortgage to ihe comra~y nor ~,il:sra~~d;.:g, r.:.d thr~euFwn or thcrceiter at th~ opt~on of se~d MORTGAGEE. ~n•~thou! n~r,:r nr dema~id, su~t a~ law or in eq~iry, theretort o~ thciraitcr ~g~~, may br r.rosc•w~ed a~ ~f ill moneys secured her~by had rtNtU1~ ~1r~J~ tC +t1 1nSfitUhJn. 7- That ~n the evenr t?,dt ar rhe beginn~ng of a at any t,mr ~xnd~ng any su'rt u, !?+~s Mo-tgage o~ to ~orcclase it, o• to reiorm it, or to enforu c~v~M o{ anv cia~~~+s he•e~r.der, se~d htJRI•',AGfE sha3~ appiy to the Co.,n ha.~~~g ;~v~ed.c:,o;, ~h~,i~;,f fu: the o;~~.o~n?m~nt of a Rece~ve~, s~th Court shail ? fo-thwith a nt e.e:e~~r' o~ se~d n,:,r~ i i PPo~ gagrd pronrrty a: and s~ng~~a., ~nc;~d.ng d,. and s::~;~,;~a~ t~e ~n[o•ne, n~ofrts. ~asues a~d reven~s from wbat~ret i s^u•ce der.ved. ea,h an4 evrry oi wh~ih, n be.r.g expressty underseood, ~s ~ere6y morrgagrd as ~t spec~i~ca.;y set fo~th and deuribed ~n the g~aro~ng and { ha;,en~um ;auses h.•~eot, and sucfi Rr:e~ver sha~; have all the brued end rffect~ve fu~ce.ons a~~~ powr.s u. any.nose eMruStrQ 5y a Cov-t to ~ Receive~, and s.;h appo~+ntment ~hn~~ tx~ made b~ s~ch Co~rf aa sn adnittec.' i•qu~ty a,ed a matte~ of abs~iu~e r.gh+ ro se:d MJRivA;_,fE. a~K3 V.iehou~ reierence to tne edeq~aty o* inadeq.,aty of t!~e ~al~e o+ the properry mprt9ayed or to ttie soivency o. .~soi~encr o{ sa•d AS~R;vAGOR o~ the dere~danes, and ~hot such re~fs. profits. Lncome. ~uves a:xf revenues ahai~ be app:~ed cy wch Recr~rer ac:oru,,,g io the :~en or eq~ny of sa~d MORIGAGFF and rhr practke of s~th COUn. 8. To du:y. prampr!y and Fui~y pe~form, dacha~gc, exewte, rfiect, cw+~p?pte, [ompiY wi!h and ab~de by each snd ewery ~he st~pu'atiorss, agrrernents, :ondi'~ons and coverwnTS ~n sa~d promasso•y noTe and th;s ~ortgage set farth. 9. 7hst in thr evern rAe owne•sh::, of the mortgaged prem~ses, or ~rty pa~t thereof, becp•nes yrst~d in e person oThrr then tke MpRTGAGpR, 1!x 1•.~Ri~,AGEf, its succrssors and ass~gns may, wlrhout no+~ce to the MORTGAOR, deal w~th s:,cA soccessor W saccessw 1n ~nseres~ w~ih referer~ce to thia n'o rgage and the drb: ncrrtiy secured m the aeme ~~anne~ as w~+h !~b~tgago. w~iho~t in any way vit:aGng w d:scharg~ng the Nto:~ge~o.~' Iiabitity hert :~:ie~ or upwn rhe drD~ r„rrnY se:~•e3 No sa~e of the Errmn~s hr~eby nwrtgaged a~d nc ~orbeora~ce on th! Fart oi the ?AOR1'vAGfE or its s~cctssors o~ a:s~~ns and no exte^.s~a^. o! ihe ~:n,r 'nr the payment of ~i~e drb~ ~tL`~Ci•y S[GJ~PC g+ven by tFw MpR?GAGE'_ or i~s s~ccessas w au~gnt, s~~atl operate rc re~ease, d~scharge, m~~ty ~hange or aifecr the or;g~na1 }~ai~::,ty ~f tne h40R1CiAG~7R txr~:n, either in who~e or in pa~t. 10. It is sFec:;+=al;y ag•._~ed tha+ t~mt is of the essencr of this co~tract and that no wa~~er oi a~y oh;gano~ here~nder q~ of the ob'igatiOn se- c.:red heteby sha:~ a~ any t~me merear~~. y~ he~d to be a warvr: ef the terma hereaf o+ of the msr~~ment srw:rd he~by. 1? in a:id' *o >~~c• ro••.~: mo~th~y pavments o! a'~~t pa and i•~re~et~ •eoui•ed b~ the p•o^', ss:.~y ne'e s:;v•rd Fr_reb~. mortgay^or eovenants and agr¢es ro .~ay *•~o-13aaec Kah each rtipntn;~ ~ry,:7e;,r er. aa:i •~onai s~~r c,se.~.a~c:; b, ~-,o•~gagee to ea;,a; ~o I i2 of fbe an:,,,at cost of fhc iolipw- nu A-i,l~:' •Ed ~,•~:K•.•., taxes IF~:~~? or assessea agai•,st thr at,~ve des.-~t.~.•d :z~a~ es~.~t . ~ e ~ , '""a B-Prtn ,,,~~5 0^ i,-•~ arxi w~ndsto~m ~nsu.aRCe as iierem rcqu:•ed te be cnrn~a w the ~m;,.ove-nenfs s.tvate on th: above dasv~bed premises. C-D c-.:.~:, s c <Jc~ ~*rr~, g~. q;;ara~tty +rsv~a+.cr as mo•tga~ee shati Er~.~ ~ me n~r.~ dee^~ f,! to [a~ry on ttie loan sc.ured 'nereby_ Mort3eqre r.~. ••~:T tr-e~ +c t~me ne>+~ti mo-Tya~nr m wr,nng of the a-o~~t ci,.e and payabie he~eunde• and su:h su-* ahai! thereupon be due and .r.a~1e on tn;, ;:,,e n,,+e oi rs~ n;-x- n:onti:„ payment a~d each s~ccessive -no~th r.~E-eaf~,. v~.+i' mcrtga~ee sha'.I not:Fy mo•t3ea~r of a change in such _•~.,nt. Suc~. s~~ns s• 't,e a;;~::,e•d c~y mo~>gag.,e rovva-d u~e payrz~e~t of rea~ preper:y taxes ~nsurance p~em.ums, a•id mongagt 9uaranty irtsuranee . ~[~miumS. IN tiYITNE~i N:F; 1~ ~ne sn~d MORTGtiGOR has he~eunto set his hand and seai the day and year first aforesaid. ~ Siyned.. Sea:ed a-sd,de'~ve d m the presence or: ftlEO ~M: ~ECO~iD~~ j - '1'~ ' ST.111C1E C~Y1iTY flA. P ± • RQC~k P~ITRAS ~ 'h - - CIEitK C~rGU1T COU~ a~~ sn - lIECORD vE~ ~1ED ,Lct ~----t3~a4 , - _ ~ ~Z ~Z 32 cseao ~:,TE pF FLORlDA ~~u,,mr of st. Lucie ~ u. 2 cq/ 71 ~ Befae mc Personstfy apoeared _ w• j.A~ ~1"d~C~! ~r+d ~='R~~t. W. Grace _ h~, wife, to me wet; known a~+d known to me to be t~~e ind~viduais described in and who executed the foreyo~ny instrument, and acknowiedgle~d before me that they e:ecuted the same for the purposes the~tin exprefsed. And iht ~;d _ _ I~rqaret i~1~ Vr~i6 ; w:fe of ~he u~a --------Hi12.ia?m E• Q2'8C@ upon s srp~~ate and pr~vs:e e~.em~nat~on by me taken se~a~are and apa•r from her said huaband, acknowledged te a*rd before me tha~ s~r execvred sard ins!rwnent freely snd voiuo- !~•~~y a~d w~thout any computs~on, co~siramt, a~yrehens.on, o~ fear of or from her said h~sband. WITNE55 my hand and of~iuat sea{ this-- day of--~ A. D. 19 7~ _ Notsry P~b1,c i~ •nd fw the S~ate of Fiorida ~t Larpe ' ' My Cort~m,ss~on e:~,i~ea: keturr To `,r~~~N~Uty~~~• Firft Feder~i Sev~nyt 6 LOan Aisy~~!:o~ :~~a 1'?T i ~S' N~~~ ~.,,f ~ . _ : RES SEpT. ~M6E F~~r '~''~~~.'~Y~'w ~ED f YY ~ ~ 19T~ Q. ~~-LL-v . ~B~ . : v~;OR:y.:~'~`~ : - ,rz +t~'' t r;:~+a~ f, ~ h ' ~ ~ . J,.~~,.~, ~ • :f: ~ G. ~ This Instrument Prepared By do21II W, C~~ :..;~:-J F~rst Federal Sa~~ngs 8 loan Assouation ~,i~'•.~~" Q~=~:,~ ~f Fort P~erce ~ glorida ~ ' ~ Checked BY - - ~Oaf 13a? ~vss.~z I~s ~ . F`°~° ~ _ ~ ~ ---~j ~ ~ - ~ ~ ~