HomeMy WebLinkAbout1844 3. To ptace and con~~nuoual{ keep on the bu~'d~n9s ho+v o? hereeher s~t~aee on se~d lanef and on aft eqvip~nent~and pe~sonalty covered by this maeg-
~gs, with •11 premiums rhe~eoo pa~d in fuN, fue insuronce in ihe ..sual sts~siard pu'~cy form, in a sum ayproved b~ U~r h:UR:tiAGEE, a~~d windstam
inw~ance in the usval ~~andard po~~cy lorm, in a wm aHpro.rd by ~he M(~RIGAGEE, in such tompe~~y or conF~an~es as ~~e h:ORTGAGEE may
dire~~; and all (ire and w~nJstorm insurante polK~es w~ any of sa~d buitd~nys, any intr~e~t thar~in or parl 1hr~eof, in the a~9icgate sum afore~aid or
in excess thereof, t1u11 contam the uswt ~tandard n~o+~g~gee cta~se or such o~he~ cf~use es the Mu+~yayae may rry~,re, ma?u~g m~ ~oss unJe~ sa~d poli-
ues, each and every, peyab~e ro sa~d h10RTGAGEE as ~ts hi~.~rest moy appear, and each and e.rry svch p.,:~cy shyil he p~on:Nry ass y.i~d a~zd de7iv~red ro
•ny held by said MORiGAGEE as !u»her se.wi~y to ?a~J ~vw~tya~r d~b~, and, not less ~han ~.:~i (10) d,ys ~n ad~ance of ~h~ exp~~a~~on of roch poGCy, to de-
Gver to ~aid MORTGAGEE a renewal ~hrreof, togNhe~ r.ith a rrce~pt (w the pr~~n~um of auch ~e~~r,nal; and tLrre shall be no L~~ or w:~~dti~o~m insursr.ce
pleted on any o( said buitd~~~ys, any interest thr~ein or part thereof, u~f'rss in the foi+n a>>d with the lois pay.rble as a(oresaiJ; anci in Ii~e eveM any aum
of mo~ey kxcomea payable undr~ s~ch policy ot pol.cies said ~At~RTGAGEE ah,11 heve ~hr opr:on ~o rrcriva .,nd ~p~.1y ~;~c sa~ne o~ accoune ot the indeb?rd-
nrss iecur~d hereby w fo pe.m~t se~d MORTGAGORS to receiv~ snd use i~ w any ;~.~u rl~~•:,~oi tor o:i~• r~,~,,,;s~s. .,.r~,,,t ~h:~.,,, o. ,,,>;,a,.-
++g any eqvety, lien p righ! under w by viflue pf this mc:'yage; and in Ihe event ta:d h10RTG%~C,ORS shall (o~ any rc~son (ail lo kcep thc sa;d premisia so
i~~ured, w iail to deiive~ promptly any of said pof~cies ol msura~~ce to sa~d 61pRTGAGEE, or f.,~l p:ompeiy ~o F~ay +u~ly'any prE~n~~rn therrfor or ~n any
respecl (ait to perfam, discharge, rxec~te, eftect, canp!et.~, co~:eply wirh and abSde by ~h;s .a,~..•~~a1t, or any ~,,~~t hrreof, sa~d Mi~RIi,AGEE may piace a~~d
pay (or such insurance or any part thrreof w~~hout wa~v~ng w af'.ecting any opt~on, hro, e~u:ty, or ~:ghf w~der or by v~r~~,e of ~h~s Mortgage, ar.d the
t~ll a~n~,ro of each and every s~ch paymrm shall l~e ~mm~~cl,aiely due and payablp a~~d shaii b~•ar ~nr~v~sr hum ~ha dare eh<reof u~ui! pa;d at ~he rais ol
n,ne per cen~um ~xr annum ond to~rthc~ N~!h s~ch u~ter~•:~ shaL ha s~~wred by the Gen o( th~s mortgage.
. 1. To permi~, tort~mil O~ suffer no waste, impair~irent or dc~arioraGon of sa~J propcrty or a~y port th.•reof.
5. To pey a~l and singu~ar ~he costs, charges an~ exprns.;, ~niluding a reasanabfe atiorney's fce and custs oF abstraUS of t~tle, inwned or paid at
eny time by sa~d MOR(3AG:E, beca~se or in the ev~nt of ~ha Ir,wre on the Nart ui the sa~d MOkIGAGi~R to duiy, p,u:~~ptly an~i fu.ly ~.tirtorm, d~scharge.
e~rcute, efFect, canpiete, comply wnh anci ab:;le by ea:h end e~rry the st~p~Vae.ons, ayr~•~•~nervs, tanJ~nons, and cove:,dn~s of sa~d pro~~~„so+y note and ~his
morrge9e any or e~~her, ai~d sa:d costs, charges and exFtr.ses, each and errry, shail be ~n,~nrd~ate~y due ar.~ F~ay.,ble; vki~~•~her or no~ ~here be nonce d~
mand, sttempt ro col+~r or svit pe~~d~ng; and the full anwunt of each a~+d every wch ~:armem shall Lea~ ~r.r~•rr:~ From the dare ~hereot until pa~d a~ ~he
r,te o) nine per tentu+n per annu.n; ~nd all sdid tosts, tl~arges a»d rxr~•r~ses ux~rred or pald, toyett~er ~v~Ih such ~ntcrrst, slwiil be secured by the ~~en of thii
morl~age.
6. Tha1 (s) in thr event of any brrach o/ th~s Mortgsge or def,~:r on ~h_ prrf of ii,c A~.OR~GnG•~R, o. ,ht ~n ~he eveM any af sa:d sums oi money
herein flfdf(!(~ 10 be noT pro~r.~,tiy and fully pd~(~ ~V~tt~~rl ~h:rty' ~3U} Jd/S '1cwT o`t.~r ti~~ 5•+ r.r St~e~a :y Lc•~v U~E a~:'i. fia~.i:~1c, ti:i:~.vt;T ~£"'?~['f~ Qt (:Ols[g,
or (c) in thQ event each end evrry ~he st~pulat~ons, agreermnts, condrt~ons and covenanra ot 5a J f:rontiiwry ~cota and rh~s nx~~tgvge any or ei~her are not
iuly, prorr:pdy and f~Uy pe~iorn,ed, dscharged. ezecuted, effeaed, comp{ered, con,pl,ed v.~th and ai ~drJ 5y, then in e~thar or any such event ~he sa~d a9- •
gregate sum mentio~x~d in said pronussory ni;te then rrmain~ng ~r~Na~d, with ~ntr.eit accr~id, a~~d a~l o~onrys sec~red he~eby, st~aU txcuroe due a~d pay-
ao~e for~hwith, o~ therea(~e+, at +he opt~o~ ol sa+d MORiGAGEE, as ~uUy and comp~etety as if a!1 of ~he sa~d sums of aioney were ong~netly at~p~:a~ed
to be pa~d on such dzy, anything in sa.d p~om~ssory nore or in th~s Mortgage to the conerary norxuhstand,.~g, and thrr.:upon pr th~realter at the op~~on of
se:d MC1RiGAGEE, wrthout no!~ce or demand, sui~ at iaw or in equity, therefore w therraFrer begun, may tre prosecuted as if all moneys secured hereby 1
nad rnafured pnw to ~is ins~iwhon. j
,
7. That in the event that at the beginn~~g o( w af any tiroe pend~ng any su~t upon this Mo.tg3ge, or to i~reclese it, or to relo~m it, or to enforce '
payment of any claims he~eunder, said MORTGAGEE shall apply ~o the Ccur~ having ~~•~id.cr.un thrreof fo~ thc apNO~ntrnent of a Rece~ve~, svch Court shaU
for~hwith appant a rete~ve~ of said mortgaged prorxny al{ and sing~iar, inciud,,x~ ~;I r~~d s~~~yu~a~ the i^come, p:ofds, iu~ea and revenues from whalever
acu~ce de~ived, each end rrery of wh~ch, it being expressly ~nderstopd, ~S F.e~eby rt:ortyayed as if sF~ec~hca~:y set forth and destr~bed in the granti~~g and
h~btndum clauses hrreof, and such Rece~~e~ sha1~ h,~ve all rhe broed antl rfiectwe funcT.ocs and powe~s in any,n•~se rntrusted by a Co~rl to a Reteiver, and
s.ch appointm~nt shal! !k macie by wch Court as an ad:n;trcd equ~ty and a matter of abso,~te nght te sa~d A1URIGAGEE, a~d wirhout re(erence to the
arieqvaty w inadrquacy of thr value of the property mortgaged or ro ihe so.vency or ~nsu~vrncy of sdid MORTGAGOR o~ the defer~dants, and fhat such
~e^~s, proiits, i~xu~ne, issues and rr~eo~es ihall be appi~ed by wch Recc~ver accord,ng to the ~ien or rquuy o1 sa~d MURTGAGEE and the practice of such
Ceurf.
8. To duly, promptly and (ully perfonn, disch~rge, execute, eifect, com{~Sete, co~nHty with and ab~de by eacA and every the stipulations, agreements,
wndi~Eona and covrnants ~n sa~d promissory r.o~e and th:s mortyage set forth.
9. That in the event the ownersh~p o( thc mortgaged pren,~sea, or any part fher,:of. 5eca~ies vested in a perwn o~her lhtn the MORTGAGOR, the
h•ORTGAGEE, its succesaors ar.d asvgns, may, wietrou~ nc~~ce to ~he n10RTGAOR, deal rveh such successor w successor in inte~esr wirh reterence to this
n•ortqagt a~~d the dcut here~by secured in the same rr~anner as wiih Rtortyagor w~thput in ar.y way vit.aling or d~schargi~ig Ihe Nlertgagor3' liabihty h!r!- ?
cndrr p upon the debt h~rrby sewred. No safe of ~t:r preT~ses hcreby mo~~gage`d ar.d no fo~bea•an~~ on the pan ot the /dORiGAGEE or its successors ;
o• assgna and no ext~~s~on of the ~~n:e for the paymenr of the debr hercby secv~ed g~vrn try the 1'ORTGAGFE o- ds auccessors w ass;gns, ,hall operate ~
~o release, d~scharge, modify change or afftct Ihe oriymaV liau:i,ty oi Ihe MORTGAGOR herein, either in whole or in part.
10. It is spec~f;calty tgreed ~hat time is o~ the essence-of this conuaci and fhat no waiver o( any obl[g~t.on hereunder.or of the obligation s~
cured hereby shali at aoy hme th~reafte~ be he:d to t~e a r:a~.er of the terms ~e~eo4 d of the instrument sewred hcrby.
1 L In add t(_ ~ to .he foreoe nwnrh%y yayr;~ents of f;rir:c pa! and urterest req~~~ed by the p,~m sscry no'e se:~red hrr~~b~, mortgagor covenants
and aqre¢s to ;.ay fo ~.o:tga~ee w~th each marithiy pay:.~em an add:~~o:~al sum rst•>>a~ed t~y mo:tgagee to L~e equai to i 12 of tbe annual cost of the follow-
n;.
A-A!I real ~:ropr~t~ taa_s iev•e~ cr assest,d ayai•nt ihr at:~~.e descr~~_d nal es•~n~. ~
B- P~~rr,.~ ;:s on tir~ ar:d •r:.ndvr,n ~nsursrce as i,rre.n rey~.red to 6r ca•:~. ci o~i ~iir i:;=ov.,,nr.:cs >~~~e:r ur, al~ve d_scr~~~d
„ `
C-Pre~n~v.~ s o~ such rr.o~rg,g~ gua~a~ity ~cs~ra~ ce as rt~o-rgagee sha~i fra^~ * n~e ro rnn~ drtm fit to carry on the loar. secured herrby.
Matgagee s^~' f•c:r. r~,.~~ to tune nct~f; mo+tyegcr m r:rrtu~g of the a~~ o:,~f d..e and payab;e here~n~l~~r and s~ch au~, str~ll there~pon be due and
,~Yab~e on thc due dsre ut rhe nrxt month:~ par~~ er» and esth sv:tessive moMh tFerrai~~r f~; rrx~nga3ee sfiall not fy rno~rgagor of a ehange in such
A• o~nL Such s~~ns s! r~ i e acpi~~d by •nortgag•_e to~.~rd the payment of re~l pro{>erty taaea, insvrance prem,~ms, and mortgage gvaraMy insurance
n•emivms.
IN L'IITNE55 '.'lN~~:rl' rn.~ sa~d h10RTGAGOR has hereunto set his har.d and scal the day and year iirsl aforesaid. t
S' , Sea'ed d d!'vered in the p+esence of: - ;
y.. ,.~~;QROEO
- ~'_t • ` .';.:li1Y fLA ~J ;
SS St.l~- o?-r'z5 ~evy xa1)
- - - - ROGEK w~~nl?5
- ~ CLERR CIaCl111 CO - - - tSeal) i
2 nessi RfCOa~ YE~~: IED lrc _e~~ (seary ;
- - ~O a~~~~ (Seal)
STATE OF=EOORI~C\ V ~t^ YO ~ M~~ ZI !VV?S~~ ~
COUYTY OF _,_~_z - ~_._L_ 1
y? ~ ~ ~
Befue me rsonally appeared d r//~1 f--`~ .
a~d
~_l't_~--____._~ ~ ~ _ h~s w~le, to m.e well known and known to mr to be
r'~ ihe ~~d~vidw~s described in and who exec~ted the f«egci ins ~ment, and acinow(edged fwe me that fhey eiecuted the same fw tiie pur ~
ihe,-ei~ eapressed. And_tFK said- _ - e ~~~~,Q ~.Pv ~
~ i[/! - - -
+.~fe of tFe said ~{~r_r~-~ vpon e xparate and prirate ~
?ram~natlon by me taken sepa~ate and apart from Iser sa~d/husband, atk~owiedged ?o eOd beforf ine that she executed said instrument freely and volun-
ts•~~y and w~thout •ny compuf3:on, constra~nt, app:ehens:on, frjr of or fram her said
Iws
/~Tj.
WIThESS my hand and off~~,al xal th~s day of ' f9~
;<< ~
1~rym ~s~, oU ~ ~ ~ ' -
~R~I~NT ~ lRiA~'it~ ~ ~ , iA md- fot, t!y Seare of ~PJm[ ~t rQe •
Resur~ T~: T~ER 20n4, ' ~pf~_ ucpiirss: " (,t„ Y 1"':
First Federat Savings d loan A ~ R ~ C~t~ ~fCU:~ ~i~;~^' ~",.~y - ' ~ 3
stve~at n =i~` • - DUws~=•r.~ 9e~~'~~`.,~:1~%`"
G4 F~~f a.rce d3 A~ent for OANIEt N. 1(NOW • i~~t
Y~L'" ~~S ~
r t -
Fort F~~•~ F! r St. <UGC ~ ~ n'• ~~~{I'~l;Y?'19 'f
'e c ~3 ~U:.ry ~Y CiO~~ECtQ( : i {':K :-`~.1 ~ _i4~; C41if!~ ~
, ~ . f`_ i }
,:.~~~s•, i_-~~1rG~~~~
~~9TrY~ ~_f~% ~ . _r' i
8~? ~ Cc~ac ~ _ , ^ .,t~ . '-~r~'~' ' _ ~ ~ 3
~ ` /i..`Y~ ~ ~
This Instrument Prepared By ''ich..rc' t a~~~~'•~~~r~ C
~-r.~ 'I ~t£'.~.., ~ ~ ~
First Federal Sav~ngs 8 loan Association . + • - . '~j ~
of Fort Pierce, io -i µ
~ ~ _ ; , , : . t c- ~ ~ ~
Checked BY - -B961f-~V~ 1840 ~ r' , ~ . , f-~ ~ ? #
J ~ n,'.r~i'71 ~ " ~
~ o = 2 7 l 5=
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