HomeMy WebLinkAbout0972 3. To pl~ce ond coniinuousiy kcep on rlv bv~'d~,~y~ no-r w hereafttr a~t~~t~ en ~a~d land a~ on i!~ eq~~p~nt and person~~ly covered by th~s map-
ags, w+th ~II ptemivmt ihe~eon pa~d in full, firo ins~~~~c~ m the uwil s~andard po!~cy form, in s~m appro.ed by the MJR~GAG£E, and w~nduwm
Insura~t~ i~ the uswl s~andard po!~cy twm, in s S~m app~o.ed by eh.t MORiGRGEE, in such tanpany w can~an~es as ~ha MQRTI,AGEE may
dfr~h snd all l;ra and w,rxlato~m inwroace polic~es on any ot sa~d bu~1d•~s, any in~aest ~he~e~n o~ E•a~t thrreo}, in tlie .~gqr~~~e w~~~ aiortsa~d w
in cacess ~her~of, a?wll con~ain ~hc .+sue1 s~a~niard ma~g~9ee uause a swh o~Fwv cla~ss as the IAw~yagce may rcqu.re. ma?~rr,~ tne +oss vndir as~d pd'a
,~es, esch and every, paya~!e ro sa~d A~JR7GaGEE as ~~s ;rt«.s~ n,ay ~ppear, and each ar.d eYe~y ivcA po:~cv sha~t be prompuy ass g~~rd and de~~Yered w
any held by :a~d h10RiGAGEE as lunh,r srcur~ty eo aa~d mor~9age debt, and, not lets than tan ;ICI d+ra ~n ad.anca of ~he e,p~rat,a~ ot eech poi~cy, ~o dc-
Lvcr to sa~d MORiGAGEE a renewal thrrcof, ~oye~her wieh • receipt fw the p~rm~um o! .uch ~a~ewai; and rF.rre shall br ~,0 6re or w+~~~sw~+o i~sv~a~+ce
placed on ony oi se~d b~,ildu~gs, any interes~ there~n or pa~t thcrrof, un!rss in ~he to~m and w„th rhe fosa payab4 as :.(oresa~d; and io tF+e evenl any sum
ef mOtt~y bttw+~•s (+aywble vndtr su~h pot:cy a pol~c;as ss~d MORiGAGfE s?~all have ~he opt~on to race~~•a a~x! apyty rhe w=<<e on aeco,,:~~ ol fhe ~~w~b~~d-
ness Slcu~~t! hlreby O~ f0 pennif fdicl M'JRifaACiORS t0 tKeiv! arK~ uf! il p any iearl thr: bf tGr o;ncr ~:~r~ cscs. :.~tirl.t th,.. i:, Cr u„W~r'
~ng any pu~ty, Iien or righl under o~ by virtve ol ehis mo:'gaga: a++d in the event sa~d MOR1GAvORS shatl iu any r?ason fail Io trep the sa~d premises so
~nw~ed, w fait ro deGver promptly any of aaid po~~cirs of insurance to sa~d AtOR)GAGFF, or f.,~! prompdy to pay fu:ty any p~e n.v~n thcrvtor or in jny
resprc~ fail ~o perfonn, d~scharge, t1KUtC, effect, comple~e, comply wlrh and ab~de by ~h~s cove~an~, or eny par~ h~reef, sa~d MORI;,AGEE may piace a~~d
pa~ fo~ such +ns~rance oi •ny parf thrreof wi+ha~t waiving o~ ~ifecting any opnon, lien. equ~<y, o. nahr ondcv or b~ v~~e~e ot th:s Mor~g.+ge, and the
iull amount of eacA and every suth paymen? shall be immed~stely due and payable and sAat1 baar inten•st from the dat~~ thcrcof u~~ti! po~d at the rote ol
~~~ne per cenrvm per ann~m e:ul to~r~her v~~rh svcn ~nreres~ shali be secured by the Gen o1 this mor~qaga.
1. To permit, commit or sutfer np wasfe, imwirment or deterioration of sa~d pro~xrty or any parl thareof.
5. To pay alt snd si~gutu tlx costs, charges and exper.ses, inc!uding a reasonabie •rtorney's fee and cosrs o! absrratts o~ titte. ~~cunrd w pa~d s'
any tirne by s.ud MOAiGAG:E, betause or in the eve~t of the fa~ture on ~he par~ of th~ said MORiGAGOR to d~~y, pr,rnptly snd fu~{y p~~fcxm, d~stharge.
e~ecote, effect. canptete, comply w~th and ab;de by exh and every the stipvla~~ons, agrrements, cond~t~ons. +nd covenanK o{ sa~d pr~~,;;w~y note a~d +h;~
r.ortgage any or e~~her, and u:d cosrs, charges and e,cpenaes. each and every, ahall be immrd~ately d~e ared payabte; wM::her w n~t il~ere be no+~ce dr
n,~nd, attemp~ to co:iac~ or svit pend,rg; and fhe fu~l amount of each and every svch payment snall bea. interest from IFx date thercof umil paid ~t ~ne
-.x~~ o+ ~~ne per centum par anuc:n; o~w a11 said costs, cnargrs and exprnses incurred w ps~d, rogrthrr w~th such in~errs?, shall be secured by ~he I~en of Ihis
mortgage.
6. i}+a~ la) in thr event ~f any breach of tF.is N~wt~age o~ defaut: an +he parr of rhe N!ORiGAGpR, o? ib) in the event any of sa:d s~ms of money
herein refr~rcd to br not pranptiy and fu:ly paid w~+h~n th~rty 130f days ne~t att~r the s.+me sever~;ty becu~»e d~t and payable, w~~hout demand w not~ce,
er in thr evenr each and every ~he st~pulations, agreements, cond~t~ons and covenanes ot sa.d promiiw~y note and ~h~s mouga9e :ny or e~~he~ are oot
i.,:y, prompny a.+ci lul:y Qerformed, d.scharged, ezecWed, eifec~ed, compteted, comp6ed w~~h and ab~de.l ~y, then m enher w any wch evanf thp sa~d ig-
~regate s~m mennoned in ;a~d pron,isso.y nore then ~rma:ning unpa~d, with emerest acuued, and aii monrys secured hereby, stw:l k~cume d~e a~d pay-
ao e forthwith, er thereafter, at ~he opno~ of said MORiGAGEE, as iully and comple~e~y as if a~l 01 ~he :a~d svms of money weie ong~nally tt.pu~a~ed
to be pn.d on s~ch day, anything ln sa d p.o:n~sswy no:e w in this Mwtgage to the cwinary norwi+hsra~*d.ng; a.x! ~here~pon W 1Fh'(tdfl~f a~ ?he op~~on of
sa~d MORTGAGEE, w~thout norice or demarul, su~t at iaw or in equ~ty, tF?meiwe or thereafrer br.gun, may be ~rosrcuted as if all moncys secured hereby
n~d matured pr~w ~o us mstauuot~.
7. Ths~ in eF,f: event that at the beginning oi a at aoy t;re pendi~g any suA upon th:s lytoctgage, o~ ro fweclose or !o re~wm i~, .x to enfwce
payment o! any cia~ms hereurder, sr~d f.10RTGAGfE shatl apply to the Co~~~ having ~w~sd.ca:o~ ~i,e,eot for the appo~ntment of s Receire+, such Co~rt sha?
forihwith appo;m a rece~~er of s.~~d mortgagrd prooerty ail and sing~ta~, indud~~.g aI1 a~,d s~ny~lar tne ~ncon,~, profrts, issues ar.d revenues irom whetever
s.:~rce de~~ved, each a~d every o~ wh~c?~, it be~ng eapressly und~nrood, ;s he~eby mo~tgac~ed as ~f spec:f~ca~ty set fwth and dexnbed i~ the grar.ring and
~at~~+dwn dauses hereof, and such Receiver shali have a!t fhe broad and efF~chve fuRa.ons and powers in anyw.se entrusted by a Cou.r to a ReceiYer, a:~d
s_;h appc~intmenr shjU be made 6y such Covrt as an adrnitteci equity and a ma~ter oi a~so~vte nght to se~d MORIGAGEE, and wifhout reference to the
a:ieyu>q a ina3e~~acy ol the value of the properry mo~~gaged or to the savency or ~r.:o~vency of uid MORIGAGOR a the defz+.dants, and ~hat s~ch
r~~~+s, profits, income, issues an~ ~ever:ues shalt be app+~ed by such Rece~ver accord,ng to the Gen or eqwty of sa~d MORTGAGEE and the pract~~e of wch
Co~rt. -
8_ To dv1y, prOmpf.'y and fu11y per:e.m, d~scharge, execute, eifect, completr, co+~,ply w~~h aod ab~de by each and every the stipuiations, agreemeots, '
;ocd~tions and co~enants ~n sa~d prom~ssay noTe a+~d ehis mw~gage set iorth. i
9_ That in rhe cvent the owne+sh~p of the mo.tgaqed prem~ses, a any pa~t thereoF, 6ecwnes vested i~ ~ person other than the M08TGAGOR, the
S'.ORTGAGFf, irs successo.s or.d au~gns, may, wirhou? nor;ce to the 1RORiGAOR, deai w~~h such s~ccessr a successor ~n interesr wi~h rc(ereoce to tti~s
or~gaye a~d rhe druf hereby secvred in the same ~~ann~ as w~ih ~Ao~tgago+ w~fh~vt in any way vitda~ing or d~xharg~ng ihe IJlorfgegori liabilit~ h~re- '
~~der or upon ahe deb~ h~rrby secured. No saie of fhe prem;ses hpreby morrgaqed ared no fortxa.ance on tk ~art of the /AORTGAGEf w its successws
er ass~qns and ~o exrons~on af the hme 4w the payment of tl~e debt hereby sec~red given by the 1102TGAvE'_ o~ its suctessws or ass~gn3, a:wil operate
ro re~ease, dacharge, modify change w affect the orgmai iiab:i~ry oi tne MG:ivA:,CR kere:~, e6tF.c: d~ •r;Rcde c• in pa+t.
i0. It is speGf~catiy agrnd ~hat time is oi the essence of thGs contrac* and that no waiver of any ob'tgc~;on heievnder w of th~ obiigation sr
c_red hereby sha.~ at any time rhereafter be held to be a wa~~er of the terms hereof or of the instrument secu:ed herby.
11. In a;id t;o~ •o rhe forego ng mu~th'y payments of princ ~ai and inrzrest requ~red by the prom s~cry nore secured imreb/, mo:tga~or coveoants
a~~d agrres to pay to mo-tgagee ~r.~th eech monrh~y pa~~ ~ent ar. aad~ .onal sum est ~:ated b~ mortgagee to be ec~va~ to 1. 12 oF t:.a annual cose of rhe fo:low-
A-;,'i rea~ ;-,rupe•ty taxas lev~ec or assess=d aga~~st rh~ aoove described real es!ate.
B-Fra~r~;; ~s on 1:re a~d ~~:-dsram inwracce as here~n requ:red to be carried on ~he :mp~oveme~ts s;tuate on tha above d_scribed premises.
C-Pre~~:u.~ s o~~ svch mo.rg .ae guaranty ir.sura..ce as mortgagee sha{I fro•r r~me to t~me aeem fet to carry on the laan secu: ed hereby.
Atortga~ee s~a •'•cm r~ •:e ro r:~,:e ncr~ly morryogor ert writ;ng of the a.^-o~~t dae and payable he~e~nda~ a~d such surn shait therevi:on be due arx~
:3,ab:e on thz ti~e da+> cf rie near ~r.ontn:y paymen~ and each wccessive month th~reatter vntii mortgagee >hal! netdfy mo:tgagor of a change in wch
_-.oum. S~ch s~:ns s~ a•~ e a~p;~ed ay mcrt~agae toward the payme~T of reat property taxes, irss~rance ixem.ums, a.~d mortgage g~aranty insurance
~ ~eTiumf_
IM YrtTr~ES; ::H~P:Of. ;nA sa~d htiORTGAGOR has herrunto xt his hand and seal the day an :year first a(oresa' .
S~gned, Seated a~.d de~i~.ercd ; the presence of: ~ ~ _
,
` n
,
~ t~. ~ ; ~ , . % -a-- is~a~~
- -=s~~ . ~ cs~~n
- cs~,o
ST:.?E OF fLORIDA ~
~~ur+nr oF ST. LIICIE ~
- ~
~fa~,,,~,~„o„a;,,, aPaa,~a _ Robert S. Whitfield
.~a
Reta P. Whitfie2d h~s w~fe, to me well known aod known ~o ~ ro ~
't•~ ind~r~dwls described ;n and who e~rcvred fhe fwegoing insu~ment, and acknowledged be(ore me that the/ executed the same ~w the purposes
~~a•~.~ expressed. And «.a;a_~~__ Reta P. Whitfield
of ~a;~ _ Robert S. Whitfield a ~~a.at~,~a ~.~~.f.
e.am:nat.on by m. taie~ uparate and a~,art from her said husband, atk.xiwrtedgcd ro and txlwe me that she eaccused aaid instrurnent free~y a~~d ~olun-
e•~ty and w~thout any comNV~sion, tonstia~nf, apprehens:on, or fear of or from her said husband. ,
_ ` ' ~ I ~7~
W1iNfSS my hand end off~dal seat this_ _ ?":___i_ day of__ _L A. D. 1911_
1 ~ { ~ y-+i - ~
Notscy Public in and fw 4he ~attof ft~iid~^ t~ryr-.. .
My Comm~sa~on expires: ~ • . L
Rt~~m To: ' r -
Firu f~deral Savir,~s 3 loan Assx~et,on t ~'~:u~ G "
NQTARY PUB~~C ST1T~E OF Fl ~K! ; _
c,'•t y•'~" MY `,~)f:,\~:SSl~~lti FXF'S47ES .N.~R. 1~7',S - ~ : ~ _
c,.r c~,~.d, GENERAt 1NSUftANCE ur:DEetWRiTcRS.!N£. t.~;; _
.
4~ .
FlLfD ~NO REC RDEO 3-~=~`
4~~ 7~ f•
ST.lUC1E COUp~7 fLA.
Th"ss Instru~~ent Prepa?ed By WIR• E. Breun RQCE~ POlTAAf
First Federai Savings b loan Associat;on CLEAK Ct~CUIt COURT
of Fort FiErce , Florida RECOil0YER1ilEO.~..o
Check.ed By ~j.~. _ _ - - - - - - - ~ ~ 4~ ~
- ~.nT
n y 1~4 ~~~2
3'~' ~r
,
s .._.__r . . . ~ . ~ _
, . . . . -::3