HomeMy WebLinkAbout1364 3. To p'e<e and conunucws~y keep :•~i ~he bui:J~ngt now or he~ea+~er •~t~,.te o~~ i~~d ~and and on rq~~p~~:en? ar~d pc~sonr~~y tove~ed by this mor~g•
eye. w;~h ~11 prem.~ms thricon pa d in '..~i, hre ~ns,;r~nca ~n ~ne ~wsl sta~dad po'~cy form. in a s..•n sFpro.zd bv the AtuR::~:.GEE. ar d w~n~stwm
~nsu~ance i~ thr usval a~anda~d ~•o::cy twn+ ~n a su~n appru.ec! by ~hr MJRTGAGfE, in such co++~Na~~y er co~n;.an.es as ~he f.102TGAGEE may
d rect; ar+d all I~~e ar.d w~ndswrm ~nsv~ance pol~c~rs on a~W ol s+~d 0~+~~d~r.~l. ~ny i~~eerrs~ there~n or pa.t tho~rof. in ~he aggr~yere t~~*~ a~o.estid w
~n extesa ~~+ereaf, s~~~t :unia~n the ~wal sta~:dard ~nertgayee c•.+usr or wch o~he~ cia~se ss the Alortya~ee may reyu.rQ, a,e?~no u~r ~o~s ~~~dr~ s+~d poli.
c~et, each and eucry, payab!e eo sa~d A10RiGAGE.• as ~~s i.vrrcet ~ndy dp~d1, a~x1 each o+~d e.e~y auch po.:y sl~oil tx Frompny aasg~~cd o~~A d.~:~~e~rd ~o
sny hrid by sa~d 1d~RIGAGEE ss iur~h~r s~•c~~~?y to sa~d mo~e~a~e drb~, and, net teu tihan ten (:JI d_i~s ad.~nce oi ~1k ea~:u.,t~o„ of each poi~c~, to da-
f~ver ro sa~d A10RiCAGfE a renewel ti~rreoi, ~oge~hr~ w.~h a~rce~p~ for tf.e prem~~m o) svch re~~~•~~': ~~~d il+rrr sE~.+!~ ba ~w f.re o~ .ti~~as~o•~n ~ns~~a~te
pieced on an~ of s.+~d b~~!d.~~gs, any ~merest tAere:n or par~ thr~eoF, un'~ss in ~I~e (cr~n a~~d v.~fh tt,e loss , ay~v;e as a!oresaid; and ~n ~he e~-n~ any sum
of monry becon:es parah~e vnder svch polECy or poi,ues sa~d M021GAGEE sh.,il have ~hr oNr.on ro rrc~•~vr ..::d e~, :y the so~ne on a<cow~t ot the i~ulro~~d-
ness tecured her~by a to perm,t se~d MORTGAGORS to recr~+e and use n a sny u~...~•u4 rcr o:~~..• a~s. ::.r~ _.:r +h,•,..~.
~ng ~ny equ~ty, Len o~ ~~gM ~nde~ or by v~rtve of this moc'g~ge: ond ~n the eve~+t sa,d A10RT(~AGORS sha!1 :or any rrason fad to krep the sa~d premsrs so
:nsurrd, ot fad ro deLver pr,~np~ly any of sa~d poi.. s of ~ni~~a~Ke to aa:d MORIGAGEE. er ra~: Pron,E,tiy eo f.ay fu.ty any p;~:~,~~~n tnrrefor w ~n •ny
~~spcct fait to perfoc~y~stha~ge. eac;~te, effeu, canptetr, co~nVly w~~h and ab~dr by ~h~s co~e~»~1~, or any p.~:~ hareo(, sa~d ~J~vRi~-AGEE may p~ace a.d
pay f~r such inaurance or anq part thrreof w,~hout wa~v~ng or atfacring any op~~o~, I~e~, equ~ty, w~~~ht v~:drr er b~ ~~r~ue o~ <i~~s Mo~tgage, and t!~e
1.,i! amo~nt of each a~d e~ery svch pa~ment shall be ~m,nrd~erely due and pa~abte a+xf sh,~~ brar ~ntrr~•s~ from ~Fx: dot~ tF..rroi ~~a~l pr.d a~ the rate o+
n~:~e prr centum ann~~n e~id ro3~thrr ~~rh s~:h ~nr~~rev sha~~ ix srwred by the Len of th~: nwrt~agr.
1. To permit, commit p s~ffer no waste, impairmenl p detenorahon oi sa~d p+ope~ry ot any part thr~~f.
5. Tu ~,ay a~t and s:r.g„fa: :~e :csts, c!~arges s-^.d ea~naes. ~nc~t~d~~~g a.rwso~.aht. aneuney's (~•a a+~d cos~s of abs~ratts ef t~ite, ~~cur.~d o? pa~d as
any time by s~id A10QiGAG:E, betause cv in the event o1 tl~e fo,Iure on the pa~t of the so~d h~JRiGAtiJR to du~y, p~o:r~ydY and fu:~y F rrfwm, d~xharge
~¦^cv~e, effect, canp;ere, co-npl~ w•th and abde by each and every che st:pe:af.on:, agn••-••~r~+s, co^d[r::^s. _^d co~enanf: of s.++d p~o~.»ssory note and ~?~~s
norsgagc any o~ e~~her, a~~d a.+.d cos~s. charges and expenses, each and every, ahei~ be em:n~-d.ere'y d,,e and p~~ab..:; V.h~~ehe. a net rhr~e be no}~ce d~-
mand, atee+npt to cotiect o~ suit p.:nd.ng; and rhe fu? amo~nt of each and every wch paimrn~ sha~~ bra. ~nt~•rost from fh= dare t`kreof u~rii pa.d at the
•,~er o' mne }x• ..nsu~n F;~r ann~ n, a:~e: ai+ aaw cosrs. cAa+grs a:~d ca;;r~~sra intvrred w pa~d, ~og_ti~rr ~v~~h wch ~n~eroa!, s~.+ll be secured by the i~en o1 th~f
mortgege.
6. That (a) in th: eve~t oi any breuth of this Mor~gage or drfauit on ti,> p~•t of the A'.ORiG~GOR, or ;b? ~n ~he evcnt any of sa'd wms of r.w~~ey
herein refer.ed w tk ~~t promp!tv a~:d '~~ty Vaid v~ithin th.rty ~,3'J: deys nc.t a~s•rr ihe i.~~~~e se.e•a .y oe:::^~r d~e and payeb'e, w~~h~~r de~nnnd a not,cr,
er ;d in thr evrm each and every ~he s~~pu:af,o~s, ayree~nents, co~d,r~o~~s and co~enann of sa d p~o«~.tiso~y re~r a~~d ehs nw~~gage any or e~~he~ arc not
~u:y. prompNy and h~i;y perfor~nrd, d scharged, executrd. eitecTed, canp,eted, compi~ed v.:~n ar.d ah•ded 5y, then ~n enhe~ w any such event the sa~d sg
~regate s~m rnent~o~~ed in i~~d prC~mssJ:~• rwte th~•n tz~r.d~nci.~ un~.a~d, w.th en!rre;t aio~rd, and e•~ ma~~~crs secv~rd herety, at.all brtomt d~! and pdy
ao e forthwith, O+ therrafte•, a1 the op!~o~ of ae~d N0~2TGAGEE, ai f~:ly and tO~np:rte.y as if ati oF th~• s.+•d SJ~TS ol mJn@y wCre Or~g~na:ly s+~pu:a~ed
ro be pa•d on such J:.y, ar.y~h~ng ~n se d~~o,~~.ssery nofe or ~n th~s btortgagr to ~he conf:ary na..~~ha+.~,.d 3; a~! %~ereupon o~ thereaf~~v af rhe ape,on of
s+.~' MORiGAGEf, v~~tF..o+ r.o~:.r or drmend, suit at taw or in equuy, the+rfae w ihrreaiter beyu~~, msy be prosecuted as if a;l monrys secure~ Aereby
n,d matured pr.or to ~ts :nst.ivnon.
7. Thar in ~he e.en~ ~h~~ ar :ne beg~nn;~,g of or at any time pendi~~g any w~t v~on i4,~s l~orrgaye, or ro ~areclose it, or to reform it, or to enfo.ce
payment of any c+„•••s he•ru~~d_•~, so•d M~7RTGi.GfE sha~t app!y to fhe Co~r~ haw~~~ c'.o~~ thc:eof tor ehe a~;,;o~nrment of a Rece:,rer. svcn Courr shail
tcrthw~th appo~nt a r?cc~1er Of s~~d ~:'•J~t3d~c'd pfODCft~ a~l dnd i~nyu:ar, inc:~J ~~g a•~ ar.d s~~~~yv~ar the ~.^.:orne, p~o~ds. ~SSUts ard itver.vei lran whatevl~
sc.;•:e drr~we3. each a~~d e.ery of v::.;h, ~t t,e:ng exp.ess'y ~~dr.s~c..^d. ~s +e~,by rt:ar:gog.u as ~f s+,ec:'~ca::y set lo~~h and dex:~bed in the grant~ng and
f~.~bend~m t~avses ikreo+, and wch Rcte~v.•r sh~~i ha+e ail the b+oad a~~o rtf~-c•,.re fu~c~ c~:s end powr~s .n anyv.•~se em~us7ed by a Co,:r~ to a Rece~ver, a~d
:_:h appointmc:~t shj~: b.- n~_+de b~ suit~ Cowt as an ad~~;ttcd eqvrty and a=~:a!ter of aLso:ute r.gM to sa•d MJRTGAGEE, a~d v`~rh~ut refereoce ro the
.,i-~q~~cy or ~na~~rq:,a[~ ot TFe va:ve o` the proptr!y mortgaged Gr lo the S~•vr~~cy o+ ~~~sc•~•aMy of sa~d MOR+GAGOR p Ine defendants, a~d that Suth
•s, proias. ~n<o~ne, :ss~es and re.er.~es snad be app~~~d by svch Recr~~er ac.orc;.ng tu ~1se i~en or rqurt~ ol sa~d MORiGAGEE and the prattice of such
Court_
6. To d~.y. F~~*'.^t~Y 3^d fu:~y pe~+o•m, d~sc}wrge, exec~te, eisect, co-*-.~~~~+e. co~npEy w~rh and ab~de by each and every the st~pn'~~:o. ,~•erm~ms,
co~~d:nens and covenanrs •n se.d pron~;sory nore a»d sh:s mcrtgage s:t To.rh.
9. That in the e.e~t thc ow::ersn~, Oi the mortgaqed pre^~nes. or any pari thcreof, bc•comes vested in a prson other ihan th! NORTGAGG:, lhe
:~P.TGAGEE, its s.:ccrssc:rs and ass:3ns, may, w~Thout r,o+~ce to t~r :'•ORIG~O~. dea: w.ih svcfi s~ccessor or s~ccrssor ~n ,meres~ weh re{ere~ue :o th~a
~ o•~gage and the d_~+ hzreDy src~red in ~he aame man~,rr as v.~~h !do•e fago. w.t!~o~~ in any aay vi~.anng w d•s;ha~y,~,g ~he r+~or.g,gori l~ab~~~t+ nere
_~-:icr w ~~on ihe d~i,s ne~~a~ se~vred. No saie of ;he Fre•r~ies he:rby ~no~tgaged acd no forbeara.,cr en the parr ol rhe ?dORiGAGEE or in successors
~r ass~gns and ~.c e~+ers:o~ af the •.:~•.e tc• the pay~:ent of the debr h~ •c!~y secu~rd g~ven by the A10RIGAGE`_ o~ ~ts svccessors a ass gns, s~:all opcrale
ro re~case, d scharge, mod,fy cha~3e or affect the or~g~na! i:ao.t ry of fne A'vRiGAGOR herrin, e~ther ~n who~e o. in psrt.
IC. It is sper.j:ci~:y agreed rhat t~~~.e ~s of the esse~ce of rh~s co=,trac+ a~~d that r.o wa~~er of a~y oe'•gaT~on hereundar or oi the ob•.igation se-
c: ~ed hereby sha:. ar an. r~~,e ~nrrcaf:er be ~e'.d to be a wa~vrr ef thr ~r~r:s herrof a of the in3lrya•cnt srcv.ed i~e~by.
i
il. ir •^e 'o~e:c.,-~ ...~nit,~y ~:a:,n,.n~s of ~;.r.c;;3: anc.+ ;~~r:-r~sr re?u~r._.d by thc prc:r ss.r•y ~,c~~ s~.~corrd F.c~cc•br. ~norlga3or corenants
a egr~•ea to pay to ~^o-tgaaee +..!h ea:h rr.cn!h y~:a~:~~ent a~ add ~~or:a~ av~n ~s~ r. a~ed b~ morrgagee to be equai to i 12 ot ihe en :~r: cosr of the ~oltow-
n
~ A-,:.~ r<.i ;:ccer,y tj¦.,s :e:._d cr ass-:~,ti ey~,~~.st t~-, aco:e d_~sc•:':~-~ r._a~ ei'are
~ B Fr; ~.~~s o~ i~~r a~d vvlnds~u-•n ~rsv-j•cr es nere~n requ:rc~ to ise carn_d en r~r ;,raveme~ts s;T~ate on the at~ove d_scribed prem~ses.
~
~ C--Pr~. ,.r..l o~ s,:h ^:o~~~..ge g~a~3n!; .~.~•e~ :e as mc~t~ayre sh3.' c,~~ • r•~e •o di-~ f~.~ to carry on the Ipan s~c~:ed herebi-
~ l.1or•g.iaee s. . , ..e :zc•,t, c-'y.;g.-+ r. w•:r.ng of t~+e a---o:-~• d.,.. a•,d pa.ab?e herrundrr ar.d s.,ch s.:~-~ shi.; ihceeupon be due artd
~ .,sb:a on rh_ :!~r _.,i ,che ~~•^~t ~:e•ri~.; par * er.t a•:d exh SvCCC55~wf ^ e^*h r':~~eafr~r ,,:.i~~ mcr+gagee sha'~_ not:f~ mo•!3,~or of a change in su:h
„nt. S~ch s~.:~ns s~'• t:P ar;~~.itd by mor;g~yer tov.ard the payme~t o~ rea: Frope•ty taaes, ~nsu:a-cr pren:.~-ns, a.~d mortgage guaranty ~nturance
~ . ~e^vumS- . ~
IN ~Y1T`iE5_ .ri_ :'J= •ne sa•d MCRTGAf^? h~• a:ct his h.,rd and x•e~ rne day and year iirat afo:ew~d.
~ S~g Sea detive he ex~c
~ ' _ (Se~n
t<\! L- t= t-LL!'•
- - i . . , i (Se,q
- - - _ _ . . - . - . - _ .~f~ . - _ -ri,~~ z~ ~ ~e _ ~s~~
- - - - - = aus-4~~i . :1
- - - - _ ~ ~~~~;,2 6 ~ 5 = ~k,~,
" -.~E OF FLORIDA ` ' UF ~f:i•.:i •~j1v~/ _
_ j~_:90112 -
".:JNTY OF _ S~i. I~:~@
Befwe me persor.a'!y appearcd _ - ~1@titi 88211@S •nd
Hattie N3e B3TI1@3 h:s rv~`r, to me ;tiz!! kn~x~ a^Y 4na::n to me to be
~~d~~id~ais descz,~ m and who e¦etuted the forego,ng instrument. ~nd ackrov.Eedg~d beforc me that fF.ey eaecuted ttr_ sa+r+e fw tF+e p~rposes
~her~in txpressed. And the sa~d.. - - . - A ' . ~ _ AlT1RR----- _ _
- -
'e of the sa~d - - - - - - - .~tifi B8I't1e3 - - uP~ a separate snd p~~vat~
i^ ~nst:on by me taien seGa•~te a~?d jcert fr. T her sa+d husba/+d, aC4noxied~ed to d'~d btTO~! me that ahe eaetut~ sa~d instrumtnt frCe1y and VO+VM
~ and w~thout a~y co^'pu.iron, w^s~~a~^t, aFprc ni fear of or frorn hcr sa~d h~soand.
WITNE~S my hand and ofi~c:a'. sea! th.s- --~~-fs~~-- day of-- i QILSt A D. 19~1' ~
~i - - - ~
~ Notary Pub~~c m and !or t Stat of fi~r~la st l~rpt ~
~ 1Ny C~mm~ss~on eap+res_ ~ `/~9/,! ~
Retu•n (o
~ f~~o ~No aECOROE~ .
first Fede.al Sn.t.,gs S loi~ Asscc~a+ cn sT. ~UC~E LOUMTY FLA_ !I
~ RBGER. ?OITRAS ~
~ F~,, F,,,~, CIERK C~~CUtT COURT ~ :
~ IIfCOR:1 vfP.'flEO _ - '
~ Au~ ~ !2 _ . : , ~
g9 rn •t:
~ This Instrument Prepared 8y ~Ch82'Li I~. RB~BS r
First Federal Sav~ngs & loan Association 21~2~~ ,
~ of Fort P~erce , Florida ~
~ Checked SY ~ _ - - - -
b~~M194 13fi4
~ ~~s
'tnts
~!r:
~
f' . ._at . . . . . _ _ ~ . . . ..~~~j1.