HomeMy WebLinkAbout2939 To pl~ce and contin~ously kerp on tF+s burd~ngs ~ow a hereafrcr •~ware o~ sa;d ~and and on al? ry.,~~..,~e~t a-~d pe~so~.sliy co.crcd by this ma~g-
age. w;~h alt p+em:ums ~hereon pa~d ~n f~U. f~rc II11U/dr1CO ~n ~hr vs~a{ sta~~o:d ~w:~cy form, .n a s~.n a~;,r~.rd i,y eh~~ ,~1.;k .,:.GEl. a•.d ..~nda~onn
~~suranc~ in tha uwal •tanda~d pot,<y for~n, in a~~~n appr~~ed u~ ~hr A1pRTGAGEE. in wch co:npe~~~ or co~-tEan.es as tne A',OkT~~ GEE ~+~y
duee~: and all firs ar,d v?~nclsrorm ins~ra~ee po~~c+rs on +nY of u~d b..~id.ngs, any :n~ere.t t~kre~n or F~a.~ thr~cut, in et~e~ a~g~• y.+~e s.,:n afores.+~d u
in e:teas Iht~eof, shsll contain ths ususl s?a~~daad mor~~egee c~aute o+ suth other ~iJNl! as thr Mo+tyi~rr miy It(~J:~d, ~OO~~~~9 ~nc .oss v~~Jrr s~~d polr
c~ea, each and every, paraO~e ro sa~d MJRiGAGEE ~s ~b ~~~rrrst n,ay apprar, a•~d each a~~d e~«y ivd~ p.. •cy ~f~..;l l,e prw„N+'y a~i y~~d e• ci dc~..crrd ~o
•ny held by sa~d A10RiGAGfE as (ur~ber scc~ray to s.~id m~rtgaye d.:u~, a~~d, not ~ess than ~on (t0i d~,s ad.~~~ce o~ ~t~e e.,•ua+,.M of r,ch yu~,cy, to de-
Gver ro u~d MpRTGAGEf a renewal tl.treo(, t~qe~her w~rh a recc~p~ tw thr p~r~n~um of such re~~e+.., , a~d thrre she~i i,r i:n• ~.5stc~•~n ~ns:.~e~.:e
p1Ked pn any o) s~~d b~,~~d~hgs, any inte~es~ thcran or part ~hrreoi, u~'rss ~n the fonn a~~d w~rh ~he lo~s payao:e ~s a!c•ct.,~d; end ~n the e~rn~ eny sum
of mon~y ~amef payaWe ~nder such polecy or po!,::es ta~d MOkiGAGEE at~.,ii have ~hr ei:~,~n ro~cc_..r .=~~d ~p~!y a.+~:c on ~t u! thr ...dcLt~•d
ness sec~~ed F+ertby w b ptrm~t said MORTGAGORJ ro rccri~r a~x1 vse it o~ a~~y rl.~•:.•of ~,:r~. ~.;_s. i...~~ r~,
ing any equ~ty, Geo w*yht under a by vi~t~e of th~s mo:'y.+ge; and m ~he event sa d 11lOitTGACQRS shi'.i ior any r~~.~so: fa~i ?o ?~•rp +h~ sa,d F:+r~++a~s so
~nw.ed. or fa~~ ro deG~e. pron.p~ty ~ny of said poLt~rs ol inswa~ue ro sa~d ~~ORiGAGEE. cr t,.~ p•o~~•i:r[y :o f:~y f,,.:~ :h~~~•tw or ~n a•~y
~esprc~ tail to pe+fam, d~uharge, eaccute, effec~, ca++p~etr, comp~y w~~6 a+~d a5~de by ~h;s !av~•~~s~~. cu an~ w~~ I,~reoi, s.+~~i ~Lti~Ri:...G:F inaY p~ece a~d
pay iw auch inau~ence a~ny part thereof w~thout waiving a affea~~g any opna~, t~rn, equ ty. w nyht under or by v~ i..r ot ~~„s N.o.+gage. •nd the
i„it am.r,nr o) ea<h and e~ery svch paymcnt shil! be ~r.unrdutely d~e and pa~ab'e a~~d sheil ik-ar i~~a:~.s+ t~~~~+ the dofe ~h~•«of ~~~n1 ~,,,:d a! tnr ~~~e of
n~ne ptr centvm per ar.num and to~rthe~ w~th such int..•:est shaL :x~ sr.~rrd by the 1~tn ol th~s ~eo~tgay_.
1. To permit, commit a suffer no waate, impaS~rncnt or detrr~o.ahon of ss~d proprrry a a~y part thr+cof.
5. To pay all and s~ngular the costs, eharges aod expenses, ~nQud~ng a r~asonai•!e a+:omr~•'s ice .+~.d ic~rs ef „bu~a.~s of ~:r e, ~~~.~r.~~ o. p,~d at
a~v ~~~*e bY sa~d 1NORfGAG.E, becaux a in the even? of the fe,wre on thr p~rt ol ~hr aa~d MJkiG.1vJR to d.,'y, p~o r, r,d t,..,~ ;-r.i~r~n, d s:~~~gr
~.rcure. ef4ect. canpiere. comply w~th and ab:de by each and rvery the snp~w~.o~ts. ag::~•,,,~nrs. co~J~no,~s. and co,~r :.+~:+s :f s. ~f F•.,...,s.~., ~orr ~•~d it.<s
~:ortgage any or e~ther, and sa.d cosrs. cM~ges a.~d expensrs. each enci e.~ry. s!w~l be i..,,.~.d„rc'y due ~~,d ~ayai~:~: v~h~~1~~. e~ no• *~~~•:e c;e : ~~~ce d:~
mrnd, attempt to co,lect a suit perid~rg; and the f~l! amoint of each and e~•ery svch pa~:nrnf sheEl i:ra. ,nr.~,zs~ irom ihe ~a+r ttr•~rot unnl pa~d al tt,e
•a~e o~ r.,oe }xr crnrum p~K am~urn; an~ a~l sa~d cos~s, cnarg~s and .:a;.r~.scs ~~xu~sed or p.,.d, tajrfi~..•r yti~~h w:h ~:.~etrst, sl~eJ br n.•..,~rci Ly ihr .~rn of ~h~s
rwrtgage.
6. That ta) in the event of any b~each of th~s Mo+tgsge or deEeu'~ on ~i.~ p.+~f o~ the .'.O~iG.tG,`~. o. ,h) ~n ~he e~~•~:t arry ef s, d s~~~s of money
hrrein referrrd t0 be not p~omptly a~d iu:ty paid w~th~n Ih,•ty ~3J? Ja~s ni•a! e••..r t!~e a.t~.,e sr.e~a :y ~~c: •:e d.;r and }~a~~b:e. ~n.r~.o.,t dr ,:e~~d Or nct~cr.
er ~c) in the evcnt exh and e~e~y the snpu;ai~ons, agreemenrs. cond,:~o~,s ~nd :o.ene~~fs ot s~ d~ ru::•=~s:~: ~ no:~ a~~J :1~ s r tg.:y.: a~~y o~ eahrr are no~
~~:y, pro~nprly and tuiiy pe~formed, d.uharged, eaecutrd, effeu~d CO!np,efrd, CJ:nyl:c`~ v:~!h on0 a~~d•~J 5r, then .n e.:h~•r vt a~~ w;h evari~ the Sd.d eg
gr~ate sum menr~oned in sa~d prom~ssory nore thrn re~na~n~ng ~nFa~d, w~th ~ntrrr;l ac:'urd, o:~d .+.i :~,on~•,s s<c~~~d h~:~•i.., s!..,:1 t•~_c~~~~r d~e a+~d pa~-
ao e forthwrth, o. thereafrer, at the opt~on of sa~d AtORiGaGfE, as fu~iy and ca•~•~,"e~e,y as it a~? of r~:~- d w••~s c+ ~~.v~:r/ .,rrc or~g•-,a~:y sr.Y~.arcd
~e br pa.d on w<~ d.:y. any~hing in sa d pro:n.ssory nofe w ~n !h~s :Ao.rga~e fo ~ne co~vrarr ~or..,~hs!r -•y, •d rn.•r~~E on or t:,~rr,!~« a~ thz o~ non uf
sa.d MORTGAGEE, ~n~tFw~t not~ce w drmand, sud at law or in equrty, thrr~fore w Ibrreat~er tx•gvn, n:oy t~e }~rosec~~ed a: ~f ad m~arys se:~+~d hereby
n>d matured pr:or ro us instrtut~on.
7_ Tha~ in the event rhat at the beyinn~ng of o~ a+ any t~me prnd~~:g any w+t vpo~ rh;s Mo•tgage. or to fu.ccose ir, or ta rrfc~n, n, or to enEorce
payment of anY daims ~~eunder, said-MORTGAGfE shail apply to thr lo,:r1 ha~~+~g ~ur~sd cr.on !i•rr_o! for ihe ..{~::~~nt~.:int oi a 2~:e•:cr, wcn C~u+! sh~~i
forthw~th appe~m a rece~.e~ of said mortgaged prooerty alt and sirguEsr, inci~d~ng a:l and s~ng,.~ar tne .ncome, H~olna, ~ss~rs erd r..e•.~~s irum wf+ete~er
s: urce derived, each and every af wh~ch, 1f be~ng eapress!y undersTOOai, ~s he~eby mor~gayc~d .+s ~f sYec.s~:a::y srt fo~}h a~d dasc: ~6-d >hr gra~~r,::g and
habend~m davses hereof, and such Receivp sbalf hsve al! the broad and eifect~ve funu~ons and powc*s i~ a~yv~•ne n,rzusr~d br a Cou.f to a Recr~~e~, a~.d
s. ch appointment afiall be made by such Court as an ad~n~ttrd eqv~ty and a matrer ot aQsoiut~-r,~ht to sa~d MURiGAGtE, and vc~~t~~ut relr:ence to the
adequacy or ~nade.;uac~ of the vat~e of the p.operty mor~gaged or te +he so.vr~xy er ~r~;o:.rncy oi sa:d MLR~GAGOR a ~l.e d~~te•,d,nrs, a•~d !h~~ a.,ch
•r~+s, profih, income, iuves and revenues shall be app:ied by such Rece~ver accord.ng ~o rhe {~en or eqwty oi se:d MO^wTGAGfE and the pra:t~ce of such
CouA.
9. To du1y. prompHy and fui~y pe~fwm, d~scharge, exec~te, eifect, compirtr, co:nN:r w:~h a~d ab~~ b~r ~ach and e~ery the st ;,o~a:~ons, agree^xnts,
condiliorn and covenanrs m sa~d promissory note and fh~s n:or~~a~e srt forrh.
9. ihat in the event the ownenh~p of ~he mortgaged prem~ses. o. any part tnrrec~. 1_comes vested in a ecrso~ c!her than tfie MORTGAGOQ, the
ti'~RiGAGfE, irs successors aod ass~gns, may, wifhavf nonce to the t.tpR7G~OR, deaf wnh scch successor o~ s~cc..~esor ~n ~~~~cr~sf .~.rh rrfrrer:ce to rh~s
mortgage and the dsbt hereby secured in the same maneie~ as vv:th l.lon~ago* w~thout in a~~y way vit at~ng or d sc+•a•g ng tF.e /.'.c~ty~gors' :~ab~:~ry hrrr
.:^der or upon the drbt hereby secured. No sa:e of ~he ~rem~xs her,-b;r r,o~tgaged acd no fe:beara~~ce en fhe par! ol ~r+r ?.!02Iv:.~.:t or its wccreae,rs
cr ass:gns and no earension of tF~e r;:ne fp the payment of the deb~ he.ck~y srcu~eJ q~ven b~ the :.4JRTC:.GE~ o~ ~f: wccessors or ass.gn3, s:.ai1 ope~ote
ro re!ease, d:scharge, mod.fy change or affect the orig~~al liab:e~fy of the MOR~GAGOR he~rm, dther in who~e or in part.
10. It is spec:ficaAy agreed that time is of the essence of this conrract and that no waiver of any ob::gat:an h~reunde~ or of the obligation sr
c:~rzd hereby s!:a!i at any ~ime rhe~eahN be he:d to 6e a wairer of the terms hereof or of the insu~:r.ent sec~•ed herby_
11. In aad t:ea ro the forEgo+~7 mJnih'y paym~ms of pri~c ~al and inTeresT requ~red ot tlie prom sscry no'r s_ca~~rd hcteb~. rtsp:tga3or eovmants
-~d agr~s to ;.ay ~o ~~o-fgagee v~ith each monrh'y pa~~:~ent an add~r:onal svm ~s~ ar~~l by mo.rg~gee to br eG~ai ro 1 12 0! t~e ~n:wa! cost of the fotlow-
A-A!~ real Frop~rty ta~ces ~evie~ or assessed agai•~st th. above desr:bed real esra!e.
B-Gr-;r..~.,s on f~re and w~ndsrorm ~nw~arce as here~n r;qu:rcd :o be ca::~cd cn :he ~~rp~oveme~ts s:t~atr on tfk ebovc desa:bed premises.
C-Prerr~u:•'< „~t Such o~~orry3ge g~aranty iew~a:.ce as mo~~g~Cee sha'i fier t~ ~ 1o n..~ d~•~^^ Ift !o carry on t~e ioan secured hereb~.
Ka:t3agee s^< •.:-,e to t.•.,.• nos~fy mcrr~sgcr w~:r~ng of tfie a~o~•~! d,._• a~d pa.abte herr~nda. a•,d s.:ch s:~~•- sh.;:: tt.rreu',on be d.:e a~.d
: a.ao~e on the d~e oare ci rhe nert mu~th:y pay:nen! and each su,cess~ve -*.on!h t+~e.ea!t~r ur.~~: mcrfg.gee sF.a:; ro~.}{ mo~r~,3~. of a chan~e in such
~i o.,m. Such s.,~r.s sFr.: be arp.~ed by mortgagee towa*d the payn:ent of rrat Fr~~:erry taxes, insuranc~ prem.~ms, a:d martyage g.,aranty ~nsura^ce
~ , c'~11:/TS.
~ IN tiViT`ifJ$ 'o_Of. +n sa~d MORTGAGOR has hereunto set h~s ha~•d and sca~ ~h- day an ear (~rst afor~sa~d.
S~gned. Seal a. ~ in esence of: ' / ?
~ ~CGi ~i c~` F1~E0 AM~J REC ~~E~ ~ ck,s~
- - ST. aOGEa
Pp
jRC~RT l Sea~)
~ C~ERR C1ACU1 1---- - l5ea?)
R~CORO VER~f?EO
~ ~ ~ :.TE OF FLORIDA ~ ~ 33 ~
~O ~ t
=~U'~TY Of st. _ ~ 2-14352 ~
Be(ore me personally appearcd LOI'~II ~ GSI'I~Bf1t. - and
- ~Sti2'1~AT1 B• r182'28titi h~s w~?e. to me well ~noarn and known to me ta be
~ ~nd,v~dua:f descr~bed ~n and vrho executed the forego~ng ins~rument, and ackno-+v:edged before me that they eae...ted the same for tM purjqses
rh.-r~in e~cpreased. And the sa~d----- ~8~i~e@n B• Garrett ' J. ~ i
- - - - - - - - _ ~ .
~P of f?x .~,d - - - Lorin H. Garrett _..~air,r•' ~a.dv?~f. ,
~ ~•a~n:~at~on b~ n+e taien sepa~ate and apa~t fram Aer sa~d husbe~~d, atknowled~ed to a:~d bcfor~ ~M rha~ sti.- e~..cu.rd v~! ~na~.~,w-~,~•~.~~-
•n•.~y ar-d •«,tFw;,1 any com~uls~on, conatra:nt, aFprehens wa fear of or ir~m her se~d h~sbrnd.
WITt~ESS my hand ~nd offic:al ual th~s - c'y °f- - - - - - -All~sti - ~Y Q'~9 ~ r~
~1
~ ~ -llJl.il ' , u ` , : ~ " -
~ - - . . _ ~ . .
G n Norary V btic in ar.d for t Sta .9 F~f~3~ rf (a~}~~
~ W ~1 L~ ~ t`'L ~ L~7 ~ My Con„~ sf~on e~y~res: i~ ~ . •
i
~ tiUC:J•'~.: P13ia~~ i~~ X '~i F-~
~ Z - _ - - - . . ~ . . • ! 1 A: '
~ i1~i2tf71 ~ ~ - . ' ~ .
~ V = L'6225 . . . . _ y.~~ i
~ N i,c:t a t.ylGl[ • ~ -
Q~.~tu~~z - p O _ IN PArU1ENT OF TA1lES
~ - REC[MD s- 1?_`~'-.-
CJE ON CIASS 'C INTANGtBLE PERSONAL PROPERII,
~ Th:s lrst!~~ment Prepared By J. D. Chastain ~'rs~url To ctutPT;R ?o~za, ~C1s of 1~1.
~ Fir;i Feder.~l Sav~ngs b loan Association f~G' ~ POIIRAS, Clerk Grwit CouR
~ of Fort Pierce~ Flp1-ida at A~cr.t fot C1NI:l N. KNQY11lES, 1R
~ Chccked BY ' - _ - - _ ~ ~ SL lut~ w ty T,t Collt~lor
001 ~~~J I By t _ _
~
~ DlPU 1Y CIEitK
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