HomeMy WebLinkAbout1045 TO p~K~ ~nd ton~invouaty teap on th~ 6u~:d~n9~ no~r p~ ~ereafr~? ~;~u•es on s, d!~nd and on atI e7u~pmem ~nd pe.scnatty covered by this mor~g~
p~. w~th ~il prNniums ~hercon pa~~ io fule, f,re insvranc~ .n tM u~uai se,n•~,ud po'~cy l~~m in s s~;~ spµro.ed br ~h~ MqR~G:.GEE. •nd w~~+.~~!am
iniwuKe in ~he uswl f~anda~d poi.cy fam, ia a w~tt apwoved by fh.: A~JR?C~AGtl, in w~h cw,.wny or ca~~pames 3t ~h~ M~Rif•AGEE mey
dintt; and atl (ir~ a~d wt~.ds~o~m inw~once pof:c~s on any ol ss,u bu~~;i:nys. a~~y ~.aecr~?t rM:+.r~ a~~.r? ih.,rof, in ~he oggr.:g~rQ sum afaes~~o w
In ~tcep ~hereof, shall cmtrin the usual s~a~:da~d mor~g.+gee CiJ~itC « s...1~ other c.,~.as es ~i,e Monyey~x may ~~y~~~e. me?~:g thr toss ~nde~ sa~d polf
c~ea. eath ud eve~y, payab~e to se~ MOR~;,AGfE as ~ts ~n~rroi~ r~ay appra~, a~~c! eech ~~~d e.r.r s~ch po ~ ~I~a11 t~e p~o~np+ly ais g~~rd a~~d dc7irerrd ro
~ny held by faid MORIGAG~E as lu~ehrr srcunty to said mor~qa~e d~v~. a:~d, nvt Ir~s ~han tc~~ ~I~~ d,,s ~n eJY~nce ot tfw ra~,n~t~on of rach po~~cy. lo dt-
GvN to sad MQRiGAGEf a renewal Ii~arof, toflHher wi~A a recey,~ to~ Ifi~• p~at.n.•~:n of wih ,e:.i•a,,~; a~~d ~:Kro sha:l I,r ~q Lre or w~~~duo~~n inlvrance
plKtd on aoy oi said bu~ld.ngs, rny in~rrest Ihrre~n o~ psr~ N+rrrof, o:d. ss in rhr fcr,n ~,c: ;.:~n the ~osi pd~~b!~ as afoeesaid; a~+d in ?he evrnl a~y sum
of mw?sy beconus payable voder iuch pot:cr a Pu6cks said MuRtG.:GEk ~I,.,II IWYI• ih~• o~,rcn ro rrc~-~.~• ..,,d a~.4ty th~ se~ne o~ a<cwnt o( ~he i~xirbtrd-
~Mi setu~ed hareby d to pe:mit sa~d MURiGAG:IRS to retrive and vaa it p any f,.~r~ th...,•.~f to~ o:i:, r~.u,, .v s. :..~h.~..t rf~ o~ w~~~~.~3 c~ unpo~r-
+^Y ~+~Y. «~~9h~ un~r or by vurue ol th~s ma`gage; and ~n ~hr evenf aa.d MO~c(vAGURS sh~!1 :or any ~casai !a~! ro krep ~he sa~d p~em~srs so '
in~u.ld. W(~il t0 dalwp prpmpl~y ~ny Of said pOLtirS 01 miurence b s.,:d AtUkiGAGlt. w t.,:i p•:.n.p!!y t0 {,ay i..;ly any p~cm~u~n Ihcrefp p in iny
respcct (ail p p~(prm. d~scha~ge. execu~a. ef(ect, canp:ere. co~r,ply wirh a•,cf a~~de by ~h:s covc•,,e•J. c+r any p.~~~ F,creo4, s.ud MOR1{AGEE may piace a~~d
p~y (w suth inw~enc~ w any part thtreof w~thpu~ waivi~~ or al(~ti~ing eny o~~~u.i. ~ien. eyu-~y. o~ ~,~h~ under a uy vi~t~e of ~h~s Matgage. and ~he
fu11 a~r.a.at e( eacA and e•e~y :vch paymrM sh~U br im~oeci~ately due and payabt~~ a~~d st~,,i! b<•,r int~•r~st fr«n tFw dsro ther~*of vnril p.,~d at ihe rate ol
n~n! pN Centum per anr~um aix! tp~c~t~rr v~~th such uurr~sf sha~~ be a.vurrd by Ihe :~en of ~ha mort9~~~_
1. To permit, commit a wtfer no waste, impairment a detonoratro~i or ia~ai `-oF.<<ry oa any part tFnrepf.
~
S. To wy sll and tingul~r the costs, tharges and expenses, inc:~d~~~g a r~•asc~,~ble arurnry's !c« end coses ot abat~acts of tide. ~ncurred o~ paid a!
eny time by said MORTGAGfE, because or in the event of the la.lure co tF.e p„rr ot the ss~d h1Ji:Il~AGOR ru duJ~, piomptly and Fuily p~riorm, d~s;harge,
execute, eflecl, tamplete, tanply w~th and ~b.de by each and rve~y th:~ st~~~~ ar.o~:t, ..9r>~.::.:,~r~TS, co~eJ~~~a~a, a~x! cove~,ants ni s~~d prbmi;sory nate cnd th~~
:*+ortgaye any a e~~her. and sald ccsts. charg~y and expr~:es, each and Y,r~y. sha:l Le ~r~m.-d:,~c:y dur a.+d pavab!e: wherh~~ o~ not the.e F.e nonce dr
mand. JitlmPl i0 C011Kf d Sui) ~~x~.n9: d+N~ t~ fU~t dinOWU O~ C~:h J:~d tvrry S~:h ~;m..nt 5l~.a'1 lxdr ~n~,.resl frO:n the ~d1B IhercO{ ~~r~l pa~d e~ Ih!
ra:r of n:~x per crnsum p~r a~~n.;:n; and a~f sa~d cosrs, iha~ges and ea;y~~srs :rcu~:ed or y.,~d, ~a~rti~er v,,~~h such ~uecrrsr, aFwll be s~~eured by the :~rn ol th~~
m«ro.~.-
6. TAst (a) in the evenf of any b:each of this Mw+gage or drf,~~•:~ on ~3,- ;,a=t c! r~r :~JZTG.lGCR, or ;b) In thc event any oi s~:d s~ms of money
herein referred to be not prarptty and tu!ly pa~d w~~h~n ~h.~ty t30; J.+;s ~i.~~ r sr;c~a :r b~cc~ne d.:e artd Harn'.~!e, w~tiwut demand or noncr.
or (c) in the event each and every the s~iF>v:ailons, ag~eements, to~~d.t~o+•.s and :oVena~~rs u' ,e cf i n,.,;,s1~,v a„d ri~.: rrwitgagr any or e.ther are no~
iuty, ptpmptly and f~i:y perform~. d:scha~grd. exetutc-d. effected. tanp~eted. co~+:~.~.rd .,,~;h a„d ai..t..d 5y. u~en m e:~Fxr o~ any such event the sa,d ag-
~regafe wm menta~cd ~n ;a.d pran~uay n~re ~hrn ren,aining u~~pa~d. ~~ar•~-.i a.~<;,id. ,,,:.i nx~n~rs secured twrebY. st~ati brCUnt2 dv! and pa~-
eb:e forthwith, or thereafrrr, a! the Cat.on of se~d MORTGAGEE, as fu.+y a~d cc.nF,:ct~•;y as d.,iz of ~h~ s.~,d su:.~s of ~noney vvc~e or.guiaily shp~;atzd "
to be pa~d on such day, any~h~ny m sa.d prom~ssory nc+fe w in th~s A1,rTga~e ro ~~r co~~~~ar, •,~!:,;rhs~a.~.i.ng; and ihereupon o. th~re+ftrr at ~he o~~~on ot
sa.d MORTGAGEE, w~thout rwnce w dt~nand, suA at law w in eq~ay, ttn•rrtcre or t3i~re~hcr txyu+~, rra~ be firoutv~ed as ii a:l ncx~eya seturfd hereby
ncd matured pr~or to .ts instdunon.
7- Th+? in th~ e~ent that at the beginn~ng of w at rny t~me p.:nd:~~~ a+~y s~:f uE~o•~ th~s frorr~~ge, a• to ~orec:ose it, w to reiam it, or to en(a~ce
pay~nent O~ any Na,ma he.rundar, se~d MC^~GAGEE sna~l app!y ~o rhe Co„rr e.a~~• r, ~c? :r ;+,~,~~i icr rhe a~:p~~nr:r.enr of a Rete.ver, suc}+ Ca~rt sna;l
forthwith apppinl a rece~yer of se~d nwrtsay~d proorrty ali dnd s.~yu:a~, ix~~:i y,,.: a~~.1 s~~v ar t`ee mceme, pr~f~ts, iss~~es ard rever,~es feGm w!~atnver
sev•ce dr+ived, each er~ c•~er~ of whch, ~t ~~ng expressiy underueo.i. ~s ic;~:;~ ~:r~•_~,,;.~d as ~4 s,...~c•f,~,,;;y ~t fo~th o~d descr.bed in the g~anr~ng and
habendum clavses herepf, artd s~ch Recr+.er sha~l lure ail the br;ad a,d r'i:c•..r t; , s~.,d ~o..~~s ~n anyw.ae emrusted by a G~~•t Ip a Rrcriver, and
s:ch eppointmen! sha~t y,: r.eede by such Ce.,rt a; an ad•r,;ttid eqv~ty : ~~d ~„•fe• c~ .•:.s ~..r~• r.ght to sa~d MJRTGAGEE, and w~fhcut reference to 1he
adequaty or insdequecy Of rh~ va?ue of tF+e proprrtY mo+rgaged or to ~F,c. a~.•-n.: ..,•-:c~ o+ sa:d )dCRiGAGpR o~ rhe detendants. and fh,~t such
re~~s. profits, inco~ne, issues ar.d re•ea~es sha~t be apph~d by wch Rei~• r~r r.,e i.er. or rqu~~y ol sa~d MORTGAGEE and ~he practice oi a~ch
Cev-t.
8. To dviy, prompt:y and fuUy perto+m, d;scharge, exec~te, effecr, ce•r:::_••,•, c:,~• v.:•h a~d at•:de by~eaci~ anci.lvery the sti{.viarions, agreements,
conditqns and eovenants .n sa d pro~n~isory note and eh s m.~~ergaga srt iorth
9_ That in the evr~t fhe ~w~ersh:p of thr mortgaged prr+•~~s•~s c. a:r ~:art i ~ f, i.eco~nes vcsted in a perscn c•her t?~an the MORiGAGOR, the
A:ORTGAGEE. iN suctessors and ass.gns. ~^,~Y, w,t~o~t nct~ce to tnr A.VRIV~UR ora; t,:~ su:n s~,~crssor w au~v_~avr ~~~t~~rit w~~h reic~encc iv th.3
n,o~tgaqe and rbe d:ut hcrecy se.u+ed in the same mann~r as v~~Th t.`~r.3aqo~ w.:~.~~t ~n n~.~ v~tatr.g or d,su~a•g~~ig tt.e :1cr.gagwi Gab~lity hert
~~de: or upon t1,e drb+ he~eby sec~r~d. No aate of tl~e Fre-„se: hrr,~by •r.a,y,• ci :c:E._,: ~~•ce on tht par~ ot )~pRTGAGtE or irs wccessors
or assfgns and no exrers.on ot *Ae r,R,e fo~ rhe payrr.ent of ehe drb~ t~•~r~c-y s~c~r~ci g..en b~ r?,e b~JR7GAGE'_ e- ~~s wccesswi w aas;gns, ahall operate
~o reiease, d.xha.ge, mod~fy change a affect ene o+igmal t~a~:~.~y o; ~hr A,~RS:~AGOR_1;~r~-~n, e~:her in wFro+e or in part.
10_ It is spec~~ica~iy ag+eed tha~ ti+re is o~ the easer•ce of ~i,~s ca•-:~x' r.:d tliaf +:o wriver of any ob~~ga~~on here~nder or of the obligation se- f
cured he~eby ahaii at any tin,e ~he~eafur be hetd fo 6e a vra~.rr ef ~he te~ms ?,ereof or of the uarrv~*ent scti;;red herby.
11. In a~d.t:o.i ro r'rie 3wege r~7 month'Y payrtrents of p.e,x ; ant~ ~.>r~•r~sr rr;c.; _:1 Ly th.~ f,rpm ssery no'e srcu-r<i e:rrrb~. mor~gago~ cove~ants
end agrres to pey ro reo-:ga~ee w,,rh each month'Y ;;a~..~e~et an ad~ ~~onat sw. - t. _,t,.ci i,...e.ry,.~re !o be e:~~s~ to i 12 of annua; cos~ of the fo~4ow-
~n.3.
A-Ait rrai propc~+y taaes iev~ed or asaess,d aya~•,st t'rK• at~o.r d_sr;~:. d:: a' ~ sr~re.
B--Fr.•:, ~•:s on 1.re and ..:::Jvp :ri~~a.[e as ne~e,n rc9; rrd to e._ -z..,. ._,,r.o~:•-,~e~rs s.r~•ate cn _ abuvc d_su;lxd premises.
C-Prrr-•:u~^s o~ scch mat~=.-ye ^y~a•3.~ty .^S~'a• ce as m::•t~ayc~e si,.;', r.., c.,.'~ ci•.r~, f~: ~o ca•ry on the {oan secured 4wreby.
Mortqagee s~.~! `-c~ n-;e :e ~~~~e no!:fy :r.r-ryage• ,n v:nr.r.~ ~i t:~.. :i •,.•:i p,ya~;e herz„rn1r. a~~d n;ch su-n si,a:'. thereupon be due and
.3rable on rh2 d~e dr.r~ •hz nc~t :,,~~th;; paymrni and eecb s~:ccss:..., e.,~•-.e;fr~r mcrtgagee sha:! not.fy ~norr}agor of a cha e in sucb
"JUf1L SLCf1 s~•r.s e~ ~ ~•e a~~.~.~eo 5y ~norr a--er ~ov~a:d ~he a~ent ,
9 y p~^ o. ~•otc~r~ •-RES snsi~ra:ce prem.~ms, and mwty~ge g~manty msurance
o•e~niums_
IN YJITNi ~:.NE~'z~ -na sa<d 610RiG~GCR has hereunto se+ h~s ha~ n a::d se.:f rhe day and year iint a'.oresa .
_ Sea:ed a^ d'r~+~ed in the presencc of: .
fILEO ~MD RECOROEC
gg ~ St LUC1E COUMTY Fl~ ~p
- - NOGf R *~~TRAS e h
~ ie eP
k'it~ ' RE ORD VERIf EO CO (C «a~~
--1- ~ . Fiedler ts~n
5 i ATE OF ~ Tezas ~ ~ 2~ ~ ~ ~8 ~h ~ ~ ~
~~~~n ~ _ ~ 2i1U48
BeIM! ?n! penOn~lly appearcd ----}ZO~~1 U . C 1Q~~~".----- - _ •n(~
^ __~BI~R. f~fedler h~s wite, to me we~l known and known to me to be
rhe ind~v~dwis desv~bed in and who executed the fwegoing instrument, and aclnowieiged before me thaf they e,erc~ted the same fw the purposes
rF+...;~ exp.essed And rh~ u~d Har~ R. 1!iedler ,
.~~'e of the ~,a _ Joseph J• ~6t~1A2` i s separate and pr;wt~ t
e.nm~nat~on b~ me t~ken sepa+ate and ap+rt fro~-+ her sa:d husba~~d, ack~x,w6rdged to a~d t~e'er= me that s'~e exec~ted sa~d inatr~ment ireely snd velun-
~an:~ and wittwyl ~i cerr~pu?swn, ~y,,srra.nt, aFprehen} orLyp fea~ of or f~om ~r sa.d F~jtG3nC~.\`
WtTM6SS,y~•Iyrld aed offiua! ieat th~s _l~ - - day c1 _ ~ _ (l i --L 7'
~ A. p_ 19_L1.~
- (f~~: . 1~c< < _ ~...s~!
C.
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Nc,r.,rv P~•t:rc ~n a-:d ior tfee SIa Of ~ a} LarQe
~ , ~ A!f Ccn~•nas:.~7n r~tp~res: h,r13
lfY/A FfCr -
fi4f Fedl~~ vinpa ~ ban Asso:ia+on ~ 7~
Of FoA ¢~a. % .
:
- Fw+-l~,~~prida ~
This Instrument Prepared By 'r~1. E. Brsul'1 ~
First Federal Sav~ngs b Coan Associarion ~ ~
of Fart Pierce ~ Florfda +
Checked By - - - - _ -
- 193 1044 -
1 :s
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