HomeMy WebLinkAbout1888 -
t . ~ : . ~
J. To pl~c~ ~nd continuousty keYp on tM build~nps now or hKe+(te* Ntwt~ on sa~d land a~+d o~ ~II equ~pment ~nd pcnw?sliy covend by thit map-
w~th all prem~um~ ~hercon p~~d ]n full. f~re insunnce ~n ~ke uswl s~a~dad policy torm, in ~ sum appro~d by rhe MORiGAGEE, +nd winds~am
cnsw~++ce in the vswl s+andard pot.cy fam, • sv~n aFproved b~ tM JNORTG.IGEE, in wch company or compan~ea ~t tM MORTGAGEE m~y
d~?ecr, u~d all fue arx! w~ndsrorm i~surance potiues on a~y of uid buitd~~qs, ~ny int~rK~ th~+ain o. ~r~ ~hcreof, 111 ~FI! a~~t9~ff WA? ~fO~fWIfI Of
in ~ic~u thcreo(, sA~ll cu.+ra~n ~he uw~l s~andud ma~9age~ dauw a such o~he~ dws~ ~s ehe Ma ~pa~e may requ~r~. mak~np ~h~ loss undN •a.d paF
rrs, tach and eve~Y. Payable ro saitf MARiGAGEE as i1s ~nterest may ~ppea~. a~+d each and eve~y such policy ihal! be p~omptty au ~ned and deliv~ed to'
~nr hNd by sa7d MORIGAGE~ u further srcurity to ~aid Twt9~ye dsbt, and, ~+0~ leu ~M~~ ten (t0) d+ys in advance ol tha e~F'uat'a~ oi eich policy, to da
i~vK ro sa:d IYIORiGAGtE a rsnewal the~rol, tope~Mr w~th a racNpt fw the pemiwn of wch renewal; snd the.e sha11 be no 1~re or wi~.ds~wm inwra~c~
plsced on any of said build~ngs, ar.y intrrest tF?K~~e? a par~ ~hereof, unle~s in the form and witA rhe tou payabk as •ioresaid: u+d in the evK?1 any swn ~
of mp~ey becyn~s payable v~de~ tuch policy p poi,c;es s~id MpRiGAGFE shail :ww the opt~on ro rccr~ve snd appty the sa.ne on accoun~ ol the udebted~ t
neu sKwtd httsby a M prrmil said MQRTGAGORS to rKeiw ind u~f it p~ny part tl~ercof tor OtiKr p~rvoses. .v~tFwut Ih~r.u~ wai~i~.g o~ ~m~air-
iny any equity, tie~ or righ~ u~+da~ or by v'urw of this mort9afl~j u~d in ths ~vem ia~d lYIORTGAGORS shatl Eo~ any reason fael ro keep ~he sa~d prem~us so
insured, or fa;t w de~;~,~e. P.o.nptly any of said polKiea of inswu+ce to s~id 1NORTGAGEE, or {ail prompHy to pay futly any p.e.nium ~herefo~ p in any
resped lail to pNfwm, d~scMr~e, eaecuta elfecl, complete,-comply wilh ud abide by this covrnanf, w any pa~~ haeof. said MORTGAGEE mar place ~~d
PaY fu such inwrana~ a any par~ therco( w~rhou~ waivirp w affecrFnq any option, 9ien, eVuiy, w rigM unde. « by vir~ue of thi~ Mw~ysy~e, and tlx
f~11 amoum ot sach and evr.y such payme+n sMll 6e im~nediately dw and p+yaW~ and sha:i l,e+. i~~~~rrCs~ from the date tAereo( un~il paid at tM ute ot
n~ne per carsrum ~ annurs, and ~o~e~her w~eh such inrereat shali be secured by the lia~ o( th~s mortgaye.
4. To psrmit, cpnmit w suffer no v~aite, impa'vmenl o~ dereriorat;o~ of said propeity p tny puf tAereof.
S. To pay stl u~d ~ingutu the costs, charges ~nd eapenses, includ~ny s reasonabla attwneY s fee and wsts of abshacts of titte. iecvr.ed 'o~ p~id at
any ti~r,e by sa~d MpRTGAGEE, bccause or in ~Fk evero of tM failure on the p~rt of ~I+e said MORTGAGqR w duly, pro~~piiy end fully pgrform, diKharg~,
execute, effM, canpkte, comply w~+h and eb:ds by each and every the stipvfatwns, sg~eements cond~rions, and coverunrs ol said promisswy note and ~his
mar~gaqa any w eiTha, and sa:d cosn, chuges and eapenses, e~ch ~nd svNy, shail be immediately dve and payabtr; whethe~ or r?of rhere be not;ce ds
mand, ane~npt to colkct w suit pend:ng; and tM futl amount of each and rvery wch psyment shatl bea~ ~rteres~ l~an the da?e thereof unNl piid ~t ~he
rare of nine per centum pe~ am+urn; and aN said cosn, charges ar?d rxpenaes incvr~ed w pa~d, togethe~ w~~h such interest, shall be secured by tM lien of tha
mortgagt.
6. TM~~ (a) in ~he event of any brexh of th~s Mortga9e w defauit on the part of the MORiGAGOR, w;b) in the event any o1 sa+d sums of mw~sy
here~n r,fr.red to be not promptfy and fu:~y paid wirhirt lhirty (30) days nexf efter the same severstly becpne due and payab~e, withoul :.nnand or notice,
or iy in ;iu evcnt esch and sve~y the stipuia:ions, agrecments, co~d~r~ons and coveoants of sa~d prom:uory no~e and ~h:s mwtgage a~y or e~ther are nW
~uly, promptly and fulty perfwmed, d~x1»rged, execv~ed, sffected, compteted, con~i~ed wi~h rnd ab~ded Sy, then in eiiher w any such event ~M sasd aQ
q,egate wm menrioned i~ said promissory note then remaining unpa~d. with interest xuued, and all moneys secured F?ereby. shall become due and pay~
able for~hwith u rlxresfse+, at the opr~on of u~d MORTGAGEE, u futly and compk~ely as if atl of ~he sa~d sums o~ ma~ey wese agmalty tt:putated
To be pa;d on sucA d,:y, anythirg in sa,d pram~sso~y note or in tha Mortgage to.the conrrary notw3tha~ar.d~n~,; antl thereuF.on or Ihereafter al the optio~ of
se~d MQRTGAGEE, w~rl+out notKe w demand, su~~ at law o~ in equ~ty, thera`.we a the~ealter begun, may be prosecuted as if alf mw~eys ienxed hareby
had mas~red prqr to ~ts institution.
7. That in the event that at 1he btginn;rg of or ~t any tire~ pending iny suit vpon rAis Mortg~ge, or to foreclose it, w 1o reform it, w to enforp
payment of any cla:m.s hcreundrr, said MORTGAGEE shall apply te the Cou~t having j~r~sd~ction thereot fpr the appo~ntmem of a Receiver, such Court shall
Fathwith ~ppuim a recei~er of said mortgaged property atl and singula+, inctud~~g att and singutar the income, p?ol~ts, is~ue~ rnd revenues from whatever
source de?ived, each and exry of wh~ch, it beinp exprculy undcrsiood, is I+ereby ma~gaged as if spec~ficaqy set fath and descr:bed in IF~e g•uuing and 1
habe~dvm clavses he.cof, an$ such Receiver shall have all ~he broad and ef~ea~ve functw~u and povre•s in anywiu entrvs~ed by a Court to a Rrceiver, and +
s~ch appointmc~v shalt be made by such Court as an admitred equity and a mafter of ~bsolu~e r~gM to sa~d MORTGAGEE, and without refereoce to the ~
adequacy w inadequacy of ~he wlue oi the proprty morrgaged w to the wtvc~cy w insolreocy of sa~d 1NpRTGAGOR w tl+e deEendann,• anc! ~hat such ;
r~nrs, proiin, i?rcoma, iasucs and revenves shall be apptied by such Receiver accord~ng eo the lieri a eq~ity of sa+d MORIGAGEE and the prxtice of such ~
Court. ~ i
~
B.'To duly, p~ompHy and f~lly perfwm, dischargc, e~eecute, effect, co~e~lete, comply with and abid•l by each and every the stipulations agreements,
conditqns and covenanri in u~d promissory note and this mortgage set forth.
9. That in ~fie event ~F~e ownership of the mortgaged prcm~ses. w any parf thereof, becomes vested in s pe~aon other than the MORiGAGQR, th~ -
M.ORTGAGEE, its successws a~d ass~gns, may, wi~Fw~rt oo~ice to the A~ORiGAOR, deat vci~h wch wcceuor o~ wccessor in imerest wi~h reference to thw
mortgage a.+d ~he drot-hereDy secwed in the ss~~e manner as wi~h Mortyagw withovt in ~ny way vitutinp or d;scharg~rg the Morrgaqws' liability h~rr
under or ~pon rhe debr hereby secwed. No sale of the premixa hereby mwtgaged ~nd no iwbearance on ehe par~ of the MORiGAGEE a it~ wccesson ~
o~ assigns ar~d no earens~on o1 the rime fw the payment of the dcb~ hereby accu?ed ~iven by the N10RTGAGE'_ or ~ts successors or au~gns, siutl operat~
ro re!ease. d~uharge, mod+fy charge p affect the wi9~na1 6abil~ry of the MORiGAGOR hs~e'm, either in whele a in par1.
t0. tt is spec~f~calty agreed that time is of '!x esxrxe of this contract ~nd tMt no waive~ of any ob~~gatron hcreunder w of the obliyation sr
cured hertby sha:1 at any time thoreafler be he:d to be i waiver of the terms hereof or of tfie instrumeM secured herby-
I1. In a3d:r~o~ to the fwego:ng monthly paymeMS of princ'pat and interes~ requued by the prom;swry n~!e secured hereb~l, mortgagor cove~+ints
a~d aprees to pay ro mo:tgagee with eac~ monthiy payrnent an add~rional sum est~mared by mortgagre to be equaf to 1;`12 of fhe an~uat cost of the follow-
'ng:
A-All real property taxzs levird w auessed agai~st the abave dexribed real estate. t
S-Prem:;rns on fire and wiodsrorm ;nauracte as here~n requ:red lo be curied o~ tF~e improvements s:toate on the above described prea~ises.
C-Pr~iums o~ such mortg~ge guuanty irtsurance as mortgaqee sF~fl fror~ t~me to rime dcem fit to carry on th! loan secured herrby.
A~ortgsgec shai! from r~me to time noNfy mortgagor in writing of the a~wvnt due and pavable Fxreundrr and suth wm sFwll the~eupon be dve ~nd
~ayabk on the cl~e oa+e of rhe next mor+thEy payrn~m and each successive n+onth thereafter ur.tit mortgagee sFw11 notify mqrtgagpr of s change in such
a~r.o~nt. Such sums sFa;% be applied by mwtgagee ?o,~?a:d the paymsnt of rral property taxes, i~surance {xem.ums, and malgage gwnnty i~wt~nce ~
p~err'rWRZ. .
IN VYtTNESS~WHEREOf. ttse said MORTGAGOR has F?ereunto xt his hand and se~i ihe day and ear (i,-u_siaesaid.
• Seakd ad deli presence of: : '
FILED ?NO REC~11DE0 ,J -
:t LUCsE COUM Y fl~ W~ n
- Q06ER POtta~S .
CtERK C~~~UIT COItR :
RECO~OvEz?f~ED ~f-~. ~SZ. cs~.n j
I (Zn~'1~ ~
sraze oF Fioa~va ~
ccuNrr a~ ST • WCIE ~ _
2:11642 ~
befae o,e pe„«„~~y ,ppeued Alexander Lesesne .;ti._~.
Alma Lesesne - -
his w;fe, to me well krw~rn,~''~Ap~tp /i~ p 6R,
rhe ind7v~dwls dex+;bed in and who e:xuted the fore9oing irutrument, and scknowledyed before mt that fhey executed~thi~~ii
~~1a'f,or tly putpa~ ~
r?x:~M ~x~.~,xd. s~,d r~ Alma Lesesne rr f
oE Alexander Lesesne = : ~~~e ~
examinatan by me ta4en sepa.ate and apart from her said hvsband, adcnoM.ledged ro and before ms that she e:rtuted ssi; fr~~'Ad vpipp. -
r~nly and walw~t sny compv{sion, conseraint, ~pprehens~a+. w fear of or from hier sa~d husband. ~
r~ : . . ;
lA!lTN~S~ •e+y hand ~nd of{KSaI se~l th~i daY of June ~ rl ~ 39.~.~a
• ~ Not~ry ublic in and fw M t~ of fbri'. ljhlfj~ ,r±``-
My a.omm~atioee exp"eres:
Retom To: nUtFTtY PU6l1~ S«SL ~(rq~p~ AT tA
first Fedcr~l Savi s 3 toa~ Asaociat~on R(aE i
"9 MY GC4:Yl5~:(tt~ ; ~ , 5R. ? 1975
pf Fort P.e~ce. ~ QENERAL NSllR/1NCE U~?DF.~V~'r?1TEf~$~ ~,ryC
Fort Pierce. Fior~a,~ _ /
. - 3_ ~-~s
Th~s Instrument Prepared By .1ohn Coll ins
First Federal Savings b loan_ Association
of Fort Piercq F loZ i da ~
~
Checked By ~~Ox - -
! r
J`