HomeMy WebLinkAbout0974 3. To plac~ and :ontiovo~siy keap a~ the bu~'dnqa ncw oa h~rcafrer siruatt on taid tand and on al~ C(,V~P~RtC1I and per=o..alty cove~ed by th~i matg-
sge. with all p~em;..ms thrrcpn Fad ~n 1u~~, t~ro ~ns,•rance :n tne 4s~a1 sran~ia~d po'~cy iprm, in • s~n ~~.pia.~d b~ tht MVR•'v~GLE, ar~~ w~ndatcrm
rsvr~nte ~n ihe ~sw! st~~id~r~ ~y fo~m, in a s~m aFp~o.rU l~y ~hr MORiGAGEf, in sucA tar~pa.~y o~ con:;~a~~:rs as ~~r ~~ORiGAGEE m.y
d.~ece; uid a!1 fi~e a,:d w.nJa~onn msu•ance po'~~c.rs on any of sa~d tw~~d ngs. any ime~es~ ~hrrc~n or E:a~~ th~•r.:o~. ~n ~he ayg~~ ge~a sw~ a4oresa~d or
ir. extess Ihercof, s!~~11 cont~~n the uw~1 s~a~~d.+rd mat9ogoe c~wte ot suth other ~:,~~se as 1ht 1.te~~yageP mey rry~,re, n~a?~ng N~r ~cu vnJrr s.+~d poir
:~es, each and avcry, paya~'e to sa~d .i1JRTvAGEE at na u=rrn~s~ :nay a~pear, and rach ~nd e.<<y such pc,'.cy ahait e~e promyn~ ass 9nrv e~•d dz:~~.red ~o
any held by sa~d hlORIGAGiE as f~nhar s•xu~ity fo so~d n~o~tg.i_~~ d~bt. a~:d, not tess ~Lan ta~~ ~:0; d~ys i:~ ad:.,~+ce ot ih~ eaE••at.on oi eech ~L~y, to d~•
I:ve? ?o aaid hlQ.ZfGAGFE a ren~v~ai thcreo(, toge~ha~ with a rrCe~pt fot tha prr«~,um of such rc~~r.ti.:'; a:~d there sF~~:l b~ no L~e o' t~~~du~:m ins~rance
p~iced on any of sa,d b~~:d~~~ys, any ;nterest ?herem a part ~hrravf, un'.~sa ~n ~he torm ar,d w~~h ~he loss payab?e as afc.esa~d: and in ~he e,rent any s~m
of money becomea payabie under s~ch pol:cy or pol~c~~s sa~d AAORiGAGEE sl~,,ll have thr opt,on ro reccl~e ..~~d ~c~,:'r tha se~~ m on ac,r~:» of the indre~rrd-
neis secure~d h,a.eb~ o~ ~o Prr.n~t sa:d MORiGAGORS ~o recaive and use it d any ~,:•~r tn~~:r~i to• c-~,. r~.,~; ~s:s ...~~,~_e ~h or ,•~.p,,,.
~ng ~ny ~q~,ty, I;e~i p r:ght under a by v~rt~e of Ihis m~:tgage; a~~d in ~he event sa'd MJ$T(~AGORS sha!I ior any rrason fa~l to kecp the sa~d premis~~f so
~nwred, w frii to de:wcr prai.pt;y any of sa~d poGcirs ol insurance to sald A10RTGAGFE, o~ fa:: Fxon~p:'~~ to {,~y fv•~y any ~:rr,~,~~•n lhertfor o~ m any
,es~ect la~l to p~rform, d~;cha~ye, execure, effe:t, canplete. cemp!Y w~~h and ab~de by th;s cuv.~»^:, or any p.~r~ hareof, sa~d h!GRi~,:.GEE may p~ace a~o
Fa~ for such insurance or ~ny part thereof w~rhout waivi:~g or affeceErg any opnon, Gen, equ:ty, or r~~h.• u~~d~•r w b~ vrt..e oi ~h:s 4loregege, and ~he
t,,.i amovnr of each and e.e~y ~vch paymem shall be ~mmed~a~eiy dve and payable a~w sha~l brar ~r.t~r,•s~ from ~he data tM_rcrof w~Til p,.~d at ~ne ra~e ol
~~.:~z prr crm~m ~er dnrlu~n a:id to~r~hr~ v~ah svcn inrt~asr sha~~ ~ s-cur~~d by the iien of th~s mwrg.~yr.
To petmit, commit or su{fer no waste, impdirnxnl or detzriorotion of sa~d prope~ty q any pa~t therrof
5. To p~y aU jnd s~nguta~ the coets, chargca and exuensrs, ~nt~vd~ng a rzasonab'e atrwnry's far a~d cosrs of abs'~acts ot f;tlz, inc~rred ur pa•d at
a~r t~mr by sa~d MORTGAGfE, bccs~se or in ihe erem oi ~he fa.i~re on ~he part of tne sa~d A10RiGAGOR to duly, p~o~~~4tiy and fu!iy perfwm, J~sch.~rge
~.ecvre, efi~ct, cwnp:«te. co:npty w~th and ab:de by each and every the st~pwano~~s, agrremrnts, cu~d~nons, and cove~~an» o~ se~d pro~.~~ssary n~te ard ~~::s
~;orfgage any or e~iher, and sa.d costs, c7~arges a~d erpensri, each and every, sha:f be fm.~n.-d~atc!y d~r a~d Fa~a:,'r; wt,.•rRer w not fh~•~e +~e ne~~ce da
mand, att~mpt to ,o:iect or suit pe~:d~ng; and thr luli anwunt oi each and r~e~y svch paymenf :h,~lt c•-a~ ~r~TCresr trom fhe dare the~eol untii pa~d a~ ti.-
r.vr p~ r.~ne uer .rnt~m p.rr am,,,.o; ~nc` aii said cos:s. :na:aes a~ey rR;:.rnses ~rK~rrrd o~ µa.d. toyethrt ~odh iuth c~te~r,t, shr11 be src~rrd by Ih? 1~~n ol Iha
mort9age-
a. That (a) ~n thr erent of any breacfi of ~h~s Moitgage or de'au:t or, tM ~rt of ~hc .•.'.OATG..GOR, or ,b) ~n the ev~~nt any o~ sa d wms of money
herz~n refer~rd to Ir not prc•npt:y and f~:ly pa~d ~v~th~~i tn.::y {3:.? ders nex+ a•t.,+ the s.~~»e se.e•o''y ce:o~~:r d:e and papau!e, w:~ho~~ dt:»~nd or ~on~e,
; r~,1 in thr r:ertr r~ch a~+d e.r~y fhe sti~,u:anons, agreemenes, co~da~o+~s ar,d cove~an~s of a.+ d p~o~n~ssv; y~~o~r a~~d ih:s na•tgagr any or e~ther ar~ nat
iu:y, pcomp:iy anJ `.u•iy ~riormc~tl, d sc~~arg?d. execu~ed, effecred. conp;.fed, cam~:~ed .,,~rh rnd ac;~a~~d 5y, then ~n e.ther or any such eveni ~I.e t:•~ eg
?•egate s~m mennonecf in 3a~<j pro~»>asay note ti~en remair.+ng ~r~pa~d, w~th ~n!err,r acc~~rd, a~~d a.~ ~nen,:,s sccwed hrreby, sha:l b~wrne due and par-
e~ e forth,rrth, or ~hzrrafr~r, at the op':on of s~~d A10RIGAGfE, as fu:ly and co++~pfe+e~y ai a': of t!,~• ss~d su:ns ot r.~c~:ey were or.g~na~ly st.p~:ated
•c be pa.d on svch c!.:y, anyth~ng in s~d pro:n ssory note or 1n this ~lortgage to the convary nor.c~rhstartd:.~g: and the~e~;,un or rh~•.refrer at fhe opt,on ~f
s~ i MORTGAGEf, w.nc~u~ ro+,ce o~ dr~z+and, suit at iaw or in eqwty, tnerefwe w ti,e~caiter begun, c~a~r be piesecur~~d as ii ail moncrs secured hereby
n,d matured pnor tp ~t= ~nst~:~t~on.
7. TAat ;o the event ihat at rhe beginn;ng oF or at any fi~ -e pend%ng any su~t vpon ~his fro~Tgage. o* to fo~cdose i~. or fo refo~m i!, or ?o enfo.ce
~~rmtnt ei any c~.,~•~~s herevn~_r, se~d 1l..lRTvAGEE sha~: appty to the Court hav~~~g ~u~:sd cr.on ~!~c:eot fer ~he au,,a~nt.nenl of a Qece~.er, s~ch Court sha~l
rc: rhw~th apF~mt a rcter.er ot s_~d ~'~o~tgayed proorily d:l and s~ngu~ar, ;n:;~d ng ~,i a+~d s:•.g„~ar r.e i^co•~:e, µrof~!s, ~ssves ar.d ~rvenues from wha~e.er
s: ,•ce d-:rived. each and erery of :~t~ ~h, ~t be~r.g express~y ~nders'oad, n He~rb7 n:er+g.ig_~d as ~f spec !ua:t~ sr~ fonh and destnkkd ~n ~he g+annng a~d
h.,hNe~m ciauses l+e~aoi, ~nd s~ch Rece~rer shau have alt ~he b+oad a•~d rffecr:ve fu~ c:~s e~~d po,.ers o~ any,~.se er~trusted by a Cou•t to a Retr~ver, a: d
s,:h appomtmenr shei~ be n:,~de by such Co~rt as an ad•i;ercd equrty and a ma+re. of ai~soturr r.gh~ to sa~d At02IGAGfE, and w~:>,ovr refe.ence :o fhe
a.f~y~acy M inadeqvac~ of th~ va~~e of the properey mongaged or to thr ao.vency or ,nsu v~•ncy of sa~d IdOR~GAGVR w the dere,:dazts, and ~h~~ avch
r~*~s, profits, intanr, ~s~ves and -e.er.~es shall ~ appl:ed by soc~ Recrrvr~ ac:orda~:g to the ifrn or rqu~ty oi sa.d AtuRTGAGEE and the pre:h:e of s.,ch
~ouA_
8. To du'y, pre•np~f'y aod tuUy pcrform, d;scharge, execure, eiFect, compfete, comply w~~h and abide 5y each and every the stiput~•ions, agreements,
co^.d~trons and ca.enar.?s ~n se~.i pro~n~sswy nore and th:s martgage srt forth.
9. That in ihe r.^~r ~he owne.sh~p of the rnortgaged prem~ses, w any part thcreof. 6ecomes vested in a pe~sc~ other than the MORTGAGOR, t~+e
~^RiGAGfE, its wccesso~s and ass~~ru. may ifhout nonce to the MORiGApk, deai w~th s~ih avccessor or s~uessor ~n ~~terest w~Th refrrence to th~s
c•rgage and thC t{,-:~7 Fereby secvr¢d in the ...•ne manner as with Idortgago• w+thout in aoy way vi~.ating a d xhn+qing t6e lllcr.gagori Gab~i~ty herr
~•~:.+er or upon the drbe h.~•e~~ secv~cd No sa'e of the pre~~~srs hereby mortgaged ard no fo.cearance on tl~e ~art of the /.1pRIGAGFE o~ its sutcesso:s
c• ass~gns and oo ~ x~r.~s.o^ ot she r,me fo• the payme~T of the debt hrrcby sec~red given by tne ::ORIGAGE~ or iis suuessors or aas:3ns, a~:all operate
ro re~ease, d:sche:ge, mod~fy changr or affect the o:>g.nai ;~au.:.r~ of the A•.CRfGAGOR he~e~n, erther in v~,hoie o~ i~ part.
10. It is spec~t~ca~~y ag+~ed ~har f~me is of the esser.ce cf ~hts conrract and that no wa~ver o( arty ob':gar:on hereunder or of the eb!igarfon se-
cJ ~ hereby sba~~ at any u~ : ~hrrzatrer be~:e:d ro be a waiv~ of fhe terma hereof w of the ~s~strvrn,enf srcu*ed F.r.oy.
1 i. In e:id r~_ ~~o r~e eo~e :c •,g or.fh`? y:ay,r.ems oe pr~nc and ~nr...es+ rr~u~:ed by the }.fil.T SiCI j ~,c.~. s_:c.rrd F_•_b~. mo~T~a3or eovenants
~ ti agr_rs to ~ay to r.a-tgiyee v~~rh rach ~-•on•h:y ;,~,r •ent an a;iJ:r;onal s~~~ rs• ~ nTeu b~ ~:o•tg.igee te t~ee e;;ui~ to 1 12 oi thr an::~a; cosr of the folio.v-
A-A~! ~ea: ~:+cp_•rv taxas lev:ed o. atussrd aga~•,s~ th-_ a6o.e descibcd real ese.~tc.
B--Fr.., ,,_.s 4:-•. a„d .v~~~ds*o~~n ~r.s,,rarce as nerem reG_.r•ad to be ca,r;.d c~~ ehN :^;;roveme~ts s:'~ate on t:,~ above d_s:rlbed p;e~±isrs_
C-Pre~~;u • s c1 s;:;fi ~-r.t~.,ye qva.anr,r irs~ra~~ce as merig3yce sh,~~i trc^ .•ne *o t~~~e deem Gt to carry on the loan sec•~red herebr.
f.!orege~•_•' •o !.-•e ~,'dl~ ~nc•ty~go~ :n w,r;t:ng oi !he a•ro:;•~+ d~~ aad p3~able he~eundar 3~:d svth s::t• st:.a.; tn~~.eupon ~e dve and
.~~!e o~ Th~ ,~~t •-,o~th., p~y.-~~nt and e~:h successwe ~-.o~th tnerea~r,r ur.te: mcr.q~gee sha'; no'.fy mo•'9aacr of a change in wch
•~~nt. S~ch sv~•s s!.~ e,e ar; ~ed ~y mo:rgjy..~ towa*d the pay~:•ent of real procerty taaes, ~nwrynce pren:.vms, a~d r.:ortg.+ge g::r.anrv insurar.ce
~ ~ ~+ums.
IN \'~~T~1E~3 L':Hc=~i:~~ a~•~ sa d!t10Ri3AGOR has hereu~to set hn F.ar,d and seal t~e day and year fint afo.esa;d.
S~gned. Sealed a~d de'~•.ered ie th~ prese~ce of: ' .
- - - - - ~ , - i~ . -2.C L~
(Seal)
IC'~ (Seal)
- - (Sea4
s~ ~.6~~--~ ' _1,.~ k~- - -lseaq
~"~TE OF ftORIDA ~ _
S5.
~~U'JTY OF _~_~_~uC1Q _ ~
Be(ore me perwnally appeared HaZel .J. Harris, a vridow~, _
hA~iie. .o me welf known and knor:n to me to be
a^,e ind~v~duals descnc-~d in and who exec~:ed rhe forego~ng insnunxnt, and aci~~awfedged befere me tAat ~e~ exec:,red tha same fw the purposes
rh~.ein e:Fressed. ~1w~i~Fr~a~d- - -
,..4.oi~h.sr~ _ -..~wn.ascw~aL~+od'.w.t~
w o+wrw+.o~ ~ ~w ~wr~s~p~w~e ~w~ ~»w ir«w i~~r sri irwL+~d~ ~~4~o..aeiy~i ~owi wir~. ~ ~:~i~e~ wi~~ ~eid~~suwwe~w~fwe~fr ~o~1w
~~•~?r-w.r wwi~oer-a^y ~a^~P~1s~awr~ row~?wwr~~?~ew~.~~ le~e~ ~fv irww 1~w ~ar~iw»L~nd.
wrrn;ESS my hand and off;c;al sesl th~s_ day of____~_ ,~~J(-- _ A. D. 19_ZL
.?ii 1~~
- -
S ~ /
Notary P~b'. and 1w the tate of F{o~ida ~t larye
_ My Lam~:s on expires: L~ i~ 7/
2et~rn To~ -
First Federal Sa.~ngs 3 loan Assoc~aton - p}p;a~~ ru61K. SUIe Of HWtdd il id'~c
; . - ~ _ • ~I?11 Comc~ssioe Fxperes Au9. b, i471
Fo•r P._*ce F ~rd~ ' • b~wCh~~FY~ae..Y++~~,
. y ,
. ~ , _ - F~~EO ~?ao RE'~c`ol's3~
~ = ' ~ ~ " ST.tUC1E COUN1Y ft~
This Instrument Prepared By WA, g~ gY~ ~ ROGER ~O~TRAS
First Federai Savings b loan Association - ' CIERK GI~tCUIT COURT
of Fort P~erce , Florida ' RfCOf.D V~A~ilEO.~.~~
Chscked By - ~ ~ s'''..C ~ ~9 9 ~3 AH ~
. Tt f
~`~W!
~r~~.r
~ k 1~~ 974