HomeMy WebLinkAbout0665 To plac~ and continuously kcep on tM bui:dinps now or Mreaft~r aiwaq an sa:d i~nd and on ~II equ;~nent a~d pcnonatiy covered by ~h~s ena~~
sg~, w~th •II ~veTiums ~hereon pa~d in full, (~re irsur~ncw io the usud rendsrd po:~cy lorm, in a ium a~provcd by the MOR~GAGEE, ~t~d w~ndstorm
~~suranct ie ~M u~wl arands.d po~.cy fam, in • su~r- approved by ~'~e MORTGAGEE, in such can;»~y er tompan~es as ~he MORTGAGEE may
dhetr, ~nd all tir~ and w~nrlu~rm mwraoce po~:ues on any ot sa~d bwld,nys, ~ny intere~~ there~n o~ part thn,eof, in the ayg.rgs~e ~vm afwesa~d o~
in excess Ihcreof, shatl contain the usual sta~~da~d m:w~ga~ee c~ause o~ auch other c~a~s~ as the Mwtyagro msy rr~u.r~, ma?~ny th, +oi~ ~nJtr s+~d pd~
cies, each an~ every, payabte w said AtORiGAGE! as ~~i ~nteras~ may appear, and each and erery su:A pu:+cy shall be promyi~y ass gned and detiYered to
•ny he'd by sa~d MORIGAGEE as f~r~her security ?o ss~d ~~wr~~+ye dab~, anti, nor iea~ ~Mn ~en (101 dey• in ad~a~::e of thr rap~ru~on oi each poticy, ~o d~-
Gver to uid MORiGAGEf a renrwal thereof, toguha~ wi~h a rece~pt fw the p~eroi~m o( such rcnewa~; a~xl ~here shatl br no f~re or w~~~dsto~m insur~nce
r!etsd on any of said bui~d~ngs, any interes~ there~n w pa~t tl~ercof, ur.less in ~he fo~m a.~d w~th the loss p~yable as afo~esaid; and I~ ~he rvenl any sum
o` nwney bccanes payabie unde+ such pol:cy w pel~ues sa~J MORIGAGEE shall have ~hr a..f.on ro rccr~vr a~~d apply thr aa~~u on acc~u~~r o~ the i~~dabrrd~
ntss set~re(J hMeby w 1o permif asid MORTGAGORS ro rcceive a~~ ust it W sny p~~l IIK~COI fw otFi• r yu~F~ctc3. ...tF~ovt Ih;r. u, w_wi o+ ~mpar-
i~y a~y equ:ty, lien a rght under a by vi+tue of this moregagr; ant! in Ihe evrnl sa:d MORTGnGORS s~aA 'w any rcason fail to keep the sa~d p~tmises so
m~ured. w fail ro deliver promptly any ot said pol~cies oi insurance to sa~d MORTGAGEE, o~ la.. pion,p!ly to pay Iulty any prrm~vm therelo~ w m ~ny
respetl fail Io perform, d~schs:ge, execute, el(etl, comple~e, canply wi~h and ab~de by ~h~s cove~ant, a any pa~t hareof, sa~d MORiGAGEE may p1~ce snd
pay (u such in~uranc~ o~ ~ny part the~eof w~rhoui waiviog w afi~~ing an/ oytion, lien, eq:.~~y, or right ur~da a' by v~rrve of ~h~s M«~gege, and tAe
full artvwnt of eath and eve~y such payrtxnl slw!1 be imrned~a~ety due and p+yab:e a~d shall bear intarest fra~ tha date thrreof until pa~d at ~he rate of
~~nc per cenWm pei annum and to~r~har v~nh such inter~st :ha~i be src~red by the lien of this mortyege.
1. To permit, commit w suffer no waste, impairment a dNerioration of said property p any pa~t thereof.
5. To pay a11 and sin~u!ar rhe costs, chacges and e ipenus, incivding + reeson.ble afrw~ey"s fee and cos~s of abstracta of titte, incvned o~ paid sl
any t~me by w~d MORiGAGEE, becavsa d in the eve~t of the fa~ture on the par~ of the said MORTGAGOR to duty, pranptly antl f~~ly p~rform, d~uhs~ye.
execute, effect, ~c,.nptete: compiy w~~h and ab:de by each ar~d every ~he st~pulr' ons, agrrrrr.enfs, cond~f~ons, a~ cove~~a~~ts ol aa~d pron:~ssory note and th~~
:no~rgage any w e~~her, and sa:d cosrs, charges and eapenses, cach anci every, sha:l be immrd~afrly due and p~yaL:r; whr~her a not the~e be ~once da
ma~d, ar~empt ro cellru or s~~t pe~~d,.y; aod ~he full amount ot each and every :vch paymrn~ sha? bea~ meerese frem ~he date ticreof votil paid at the
.ate o~ nine per cemum Fxr annu:.~; o:~d a~l said cos~s, charges and eaptr.ses int~rred w p.ud, toyt!har w~th auch u~+erest, sh.ill be aeCUred by the letn o( this
mort~age.
6. Tha~ (a1 in ~he eve~t oi any b~rach of this !Nortgage or defau~t o~ tFK part o~ the Y,ORTG~IGOR, or ;b) ~n tFx eveM any of aa'd sums of mcney
herein re(rrred to bt not +:ro~nptly and lu~ly pa~d w~th~n thury 1301 days next aieer the snn.e se~rre'ly Decane dve and payabie, wieho~~ demand o~ notice.
o~ (c) in the event each and every the st~F,uianons, agrecments, cond~t~~ns and cove~anta of se d pro.,.~sso, y note a~xl th,s mortgaga any oi e~ther a~e nol
~uly, promptly and fu:ty perfor~~.rd, d scharged, executrd, effec~ed, completed, comp:~ed w~th and ab~ded yy, then in eaAer w any such ever.t Ihe sa~d ag
~~egate sum mentrof~ed in ;a~d prams~~ti nott then re~:a~ning unpa~d, wnn interesr au~ued, a~~d eu ~noneys secwed F~reby, shall becume d~e and par-
eb'r fonhwith, o~ ~hereaftrr, at tf+e opr~on of said MORiGAGEE, as `ulty a~d comptece~y as il aiI oi the sa~d sums of money were wg~~ally st~pv:etcd
ro be pa~d on svch day, anything in sa.d pro:n~aswy note o+ in th~s Mortgage to the contrary notw~~hstandi:xJ; and ~hrreupon a ehereafter at t!ro op~wn of
sa.d MORTGAGEE, w~thout not~ce w demand, svit at law or i~ equity, therefwe or the~eairer begun, may be proxc~ted as if all r.wneys setured hereby
nsd mawred pnw ro~q instrtut~on.
7, ihat in the event that at the bc9~~n~ng of or at any t~me perwirn~ any sv~t upon this Mortgage, a fo foreclox it, or to re~orm i~, w to enfwte
paymem of any dr+rr.s htr~~neler, said MORiGAGEE skall appiy to the Cour~ having ~~rnd.ct~on shereof lor thr appomtment of a Receiver, s~ch Court shail
ior~Awith app~mt a rece~~er o~ sa~d mortgagrd p~ooe•ty all and ?~ngula~, inc:ud.ng ai~ and sm~u~er ihe income, prof~fs, iswes aRd revenves Irom whate~er
sov~_e der~ved. each and evc~y of wh:ch, ~t be~ng exp~ess~y unde~s~ood. is hereby me~rgaged as ii spec.f~catly set fw~h and deunbed in :he granr:ng and
!~3bendum daoses Aerrof, and such Receiver shatl have all the D~oad and rff~cnve fur.~~,onti snd po~ners in a~ywise emru~ted by a Court to a Recriver, and
s.ch sapointmrnt shatl be made by svch to~.t as an a~:nined equ~ty and a ma~ter of abiotu~e r~ght to said MORiGAGEE, and w~~hcut referente to the
n~rq~~cy a i~adrq~acy o: the valw ot fhe prope~ry mortgaged or to the so.vrncy or ~~sowrncy ot sa~d IVIORTGAGOR w t~e d~fendarts, an~ tharsvth
re~+s. profits, ir.car~e, ~ssues and revenues shall be appl~ed by such Rece~ver accwd~~g to the lirn or equity of said MORTGAGEE and ~h.e practice of such
~outt.
8. To duly, p~o^+p~~y and fully perfo~m, d~scharge, executt, eifect, complete, comply w~th and ~tide by each and every the sfipulations, sgreements,
conditiona and covenants ~n sa~d pra~nnswy nou and th~s mortgage set forth.
9. That i~ ~he eve~t ~he owne.sh~p of the mo~tgagr! premisrs, w any part tnereof, 6ecomes vested in e pason other than the MORTGAGOR, the
h10RTGAGEE, its succes:ors and ass~ans, may, w~thc+~~t ~wt~ce to the MORTGAOR, dea{ w~sh such successw a succes:or ~n ~nteresi wirh reference ro th~s
mo~rgage and the d_~b~ he.eby secwed m the same manner as w~th /ulortgagor w.rhout in any way vit:atlr,g or d~scharg~ng the Rbrfgagors' liabil~ty herr
ur.der o~ upon ~he debr h~-+eby secured. No sale of the F:em~ses hereby ~no~?gaged and no forbeara.xe a~ ~he part o+ the MORiGAGEE o~ its wccessors
e~ ass~9~s and ~o e,.tens~on of thr t~me for the payment of the debr hercby secu.ed given by the MORTGAGE'_ or iis svccessws or ass~gns, a~ull operate
to re~ease, da~harge, rr.od~fy change or affecr the ong+nal tiab~i~ty of the AtORIGAGOR herein, e~ther in whole c,~ i~ part.
10. It is spec~ficaliy agreed rh~~ rime ~s oi the esxnce of this confract and that no waiver oi any obl~gar,on hereunder w of the ob+igatioo sr
c~red hereby shaii at any t~me iixreaEter be he'd to be a waiver of the terms !~ereof w of the instrument sec~rrd herby.
I1. In dJ:~!:G7 to rh~ forego;~r~ ~~onrh!y payments of anntpai and inierzu re~u~red by the prwn,sscry nort s~cu•rd h:;reb~. mcrtgagor tovenants
+~d agrees to pa~ ro r,o-~~jgee v~~th each ~ronrh:y pay~,,ent an add~r:onai sum est~mared by mo•rgagee to be equal to 1 12 of thr annual cost of the 1ollow-_
n3:
i A-A? reaf property !ax.-s :ev~rd or ass°ss~d ag~i•ist th~ above desribed r,al es~ate.
B-F~~n.•,,:,s on fre and ~v..:dstorm ~nsurarce as he~e~n r-qu.red to be ca~r:ed c~ :he ~,r;:rovements a,tuate oo the above d_scr~bed p~em~ses.
~
~ C-Premwms or. wch morr~3ge guaranty ir.wrar,ce as mortgagee shali fro^e t:me to hme deem fit to ca~ry on the ban sec~red hereby.
~ Mortgagee s^~ ~ f•c~n t~~..e ro ~~~*~e r.ot~fy mcrtgagor ~n wriKng of tne a~rou~t d~e and payabie hereundrr and su:h wm sha!I thereupon be dve ar~
~ .~wable on thr d~e d3ta of ~he ne.t n~on:!~'y payn:rr.! ar.d each successire n:o~th thereaftar ucti! me+tgage~ sha~l noLfy mortgagor of a change in such
eunt. $~th su:ns s~•> i ~e a;;p'.~ed oy mw~gagee to~ard the payme~t of ~eat property taces, msvrance ptem.ums, a:ed mortgage guaranty insurance
: •e~+iums.
IN WIT~i:55 ti.HfR~~F me a;d MORTGAGOR has hereunto xt h~s har.d and seaf tne day a~d year fi~a~ a(oresa~d.
Signed. Sea~ed de;~vH ~n the presenc of: 7
~lts.a~~f~ S~ tseaq
/ ~''7~'~~ tSes4
_ _ _ ~~/L/ ( [ C . ~L L ( ~ ~SN,I
~
. ~~la~I
S+ATE OF FLORIOA ~
u. ~
`~uyn ~ St. Luci~ ~
Before me personally appeared John L. CY{lll• ~r • ~nd
_ _ _ Bthel A. CrQll h~s wiie. to me well known and known to me to bs
rhe indir.dvsts desuibed in and who executed the fuegoing instrument, and acknowledged before me that they executed fhe same fa th~ pwposes
~~e•e~n expressed. And the said--_-__ Bthel A• Crull _ _ _
` - John L. Crul 3r. _ . .ro:.«e-.~t o,n.a
+v.. e of the said _ ~
e~am:nat~on bv me taken separate and apart ~rom hcr sa~d husban~, acknowiedged to and befo~e me that she e ecuted said in~iru~ryt'fre~J~,and~voluM
~e•~Iy and w~thout any compu~s~on, cor.u~a:nt, apprehens, n~~r fear ef w from her u~d h~sband. ~ ' , i
4
WITNESS my hand and offiual seal this ~ day of_ _ "1(, p. 19..~:r_-'
~ _ _ _ 7 . 1 y J .
~l ~
~ Notary ublic in s~d fw e~St e of ~{orid~,~t lar ~ -
~i My Comm~ssio~ e;pires: ~ ' ~
. ~
Retu~n To: : t,~~'••_ • _ ,
NQTARY PUSLIC STATE CF u~
Fust Fede+al Savin~s 3 loan Associat:on MY COte!b1~SSION EXPIRCS
M~q~~ AY
~ of F~~t ~ t•~~ GENERAL INSI!~HCE I~NDERIYR~T~ 197~ z
Fo+t P~erce. Flo~~da ~ IN~:_ '
i
~ 212828
~ fIlEO ANO REC RDEp
ST. lUC1[ COU~i~ ~LA.~
~ This Instrument Prepared By Ja~es D. Chastain ROCER POIT~A=
~ First Federal Savings ~ ioan Association CLERK C~RCUIt CWRt
of Fort Pierce~ Florida RECOADVERIFIEO~.~~
Checked By J~ ~0 I 2~ PM ~
~ ~~pc.Atl~'='
~
~ BoaK194 66
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