HomeMy WebLinkAbout1969 To ptxe a.+d «+nt:~wa,+ly ?c~p on rh~ 6u,'d~r~s now w ivr~?ai:p sitv~~~ on sa~d ?~:id a~d on a!: eqv;p~,.ene •nd pe.sa,ally cove~:d by ~h~s enor~~
w~~h •11 ~ur-+~w»s ~hrrcon ~>ad f.,ti, fue ~~+~~~~nce ~n ~hi uwat ue~dud pohcy fo~m, in a?~~n a~.~o.ed br ~he MVRIGAGEE, a~d w~~d~~am
u~swanca in thc usual ua~tda.d po:.cy fo~~o. ~n a sum a~yxo.ad by tM MORIGAGEE, in such ca»pa~y or iw»~vn.es as +he MORiGAGEE may
d~rec?: u+d all f~r• a~~ w~nd,w~m insurr.+ce pol~c~es on a~y of sa~d bu~+d,~s, any imere~~ ~hne..~ or µ~rt rFk~~l, in fh~ a99r~yaee t~R+ ~lae~~+d w
~n sxte~s Ihereof. ahtll conta~n the ~swl ~fa~~J~rd mplga9ee ciaus~ a autA othK cia~s~ as the Ma~y~gee mey requ~•~, m~1~mq the ~oas unJe~ smd poli-
c:ss, each and evr~v. [+~r~o'e ~ai ss~6 .~WRIGAGEE as ~~a ~nerre~t n:~r ~~ar, a~d ~acA .nd eve~y wch pa;.cy stwtl 1,? p~wnNtiy •u 9~~~d a:d de:~:ered to
~ny 1~tld by s~~ A1QRtt~AGcE as f~,~hr~ arcur~~~ ~o s~~d .,arr9a~e drbr, ~~~d. .;o? !eu lhan ?en 1i01 daY~ i:, eJ:ance of ~he e¦p~r•ean ol e~ch ppiKy, 1o dF
i~vei to ta~d Nk3RiGAGEE a re~kv~vl ~i~crrof, :ofle~M~ wi~h a rec~•pt (or the p:r.nium of fxb renrvra~; ~~id ~he~e slwll be ~w L~e o~ w<<Wtiw~~n i~suranc~
pl~ce~ an any of sa~d buiid.ngs, any intereit therem or p+u~ thereof, v~Tess in ~~M fo~~n ux! vv,iA ri.a toss p~y.+bte as ~forea.iid; •~d in the ~veM any sum
os money be~anes uarib~e urxier such policy or pol~c~es s+~d MORTGAGEE sfi~it have ~Ae ope~on ro rK~~~•a e~~d ap~,!y ~s,~ aa~~,e or~ ~cco~.~~ ol ~hs i~x~eatrd~
neu tecwed he~eby w fo pcrn~lt s~~d MORTGAGORS Io rKr~vs ~~x.' uai ~,1t p any ~w:1 ~F~rrrul Icw o:~~.•~ ;,w..;:srf. .:,~h-,,,t ~hr•. v: wa~v~ ~r u:,p,,u-
ing any equ~ty, f~~n or r~h1 u~~.ie~ w by •utue of fh.s .no:ryaye; +nd in 1M evcot sa~d MOR1(',AGpRS sha:l iw any re~eon Ia~i to krep ~he s+~d premiscs w
~nwre~. p 1~i1 }O delive~ p~anNdy ~n~ OF ~~d f,pl.Ciat O( m~u~~tKO t0 3~~d MORTGAGEE. O/ ta~~ pron~pdy t0 pay lui:y any prr~nwm therefp p in anY
r~speu fail ~o perfwm, d:sc~+e~qe. eaecute, e+~ect, comp~e~o, canpty w;th and ab~dt by ~h~s cove~.ent, w a~~y p-ve h.reol, ~a;d MuRIGAGtF m~y p1~ce ~M!
P+v fa such insurance or ~ny part t1~~eof w.~houl waiv~n~ « aifac~inp aoy opt~on, t:en, equay, w ~~ght v~~Jer a b~ v~rtw ol ~h~~ Matyafle. and tF~e
fuil ameunt of eacA a~d e.ery such pay.nem sFull be ~nwne,f~ately da,e and p~yabl~ ar.d ihall brar interest (rom eFw da~e ~hereof u~~nl pa~d at tha n~e ol
n~n! {x~ Crntu.n ~.~v annum ~nJ rc~~•thr. ~n~!h such i.irr+cu sh.+1i be sccured by ~M tien o( th~s mortgagr.
J. To pe~mit, comm;~ w svffer no waste. impa~rment a de+e+iwae~on o~ sa~d property w~ny par~ ~hr.eof.
S. To pay aii and s~~gvla~ the costs, cM~ges and expe~xs. lncluding • reawnsble anorney's fee and cosy o4 ebs«acts o1 t~tle, incwr~ a p~id ~1
•~Y t~^k b~ sa~d MORIGAGfE, beca~se w in ~he sve~~+ of ~he fa:lure oo ~Fu par~ of the sard MORTGACsOR ~o d~~y. pru~,~p~ty a~~d ivtty pertam, d~uharg~.
execu~a, e`fec~, ca~p:ere. <o.r.p!y w~fh and ab.de by exh and rvery rhe s~~p.~~a+~e~s, agrecments, cond~~~o~s, and cove.~s~i~s oF sa~d p~a~~~ssory note a~d ~h~i
:~~rtfl~ any or e~ther, ar.d sa d costa. cF?a~ges and eapenses. each and every, fMll be immed~ately due •nd ~Myei>ir: whrther pr ~ot ~hare be no~.ce da
mand. attempt to coiiecl or au~~ pe~~d.n3; a~d ~I+~ full amounl of e~ch anai eve.y svch payn.e.u sha!! bear inrerrs? from the da~e rhereot uo~il pa~d ~1 ti~e
-e~e o~ n~ne Ner ccnru:n E~r a~~„~.~: ,nd ali aaid cos~s. charges a~~d capenset ~ntwred a paid. ~ogad:e~ w.th ~uch ~roe+est. ~MU ba securet! by t1+e I~eo of th:~
mort9+~-
6. That (a) in 1F+r event of any br~ach of this Matg~g~ or de!au~~ on the part o( the MpR1G~COR, or ;b? ~n the event iny o1 fa:d sums oi moner
hrreie referrcd ro tx ~t ptomyt~y a~,J I~;ly pa,d v~ifhin th:rty (30) days nex~ af~cr Ihe same se~erottY ~o~ne due anc! payable. wnFwv~ demend w nouce.
or (c) in ehe eYent each end e.ery ~ne s~~{wte~K~ns, agreements, co~d~t.au and coven~~ts of sa.d p.om:sw.y aore a~+d ~ha nwr~gaye any or e+~he~. are nof
i~Py, womprly a~d Iv7ly pcrformrrl, dscharged. ex:~cWed. •Ifccted. compieeed, corwpl~ed w~th a~d ab.ded 5y. the~ in e.~ekv w any such event ~M s~~d aQ
~r.r~ate sum me~~uo»ta! ie sa+d proa.~ssory na;t~ thrn ren.aining unpa~d. with i~ter~il ataucd. a~+d a? ~noncys sccur~ hereby. ahall bca~me dus ~nd pay~
e fwfhw~th, or Therrafrzr, at ~hr opt.on of sa~d A10QTGAGfE, as fvily snd completely as :f aN of d,r sa,d sums of :-~oney wcro w~glnatly st.putated
+c be pa:d on wch d.:y, ,+nyth~ng m sa.d pronaswy note a thia Mortigage to the tonnary nctw~~hs~a~xl~~g; and tF,rrr~~we~ a thrrcefter at tAe opnon u(
sa d MORiGAGEE, v~aiww nof~cr o+ drmand, s.rit at Iaw w in eqwty, therefwe oa the~eafrcr bepvn, may be prosccuted as i( •I: rtwrteYS secvred hereby
n~d narwed pr:w ?o ~~s ~ns~~rut~or.. ~ '
7. TF~at in the e~ent rhat at t)K bryinn~ng o1 or at ~~y t~me pcndi~g any w~t upo~ th~s Mortgage, w to tarciou it, w to refam it, or to enfo~c~
- vayme++t of any cw~~ns he~e~~~,dcr. sa~d ~tORiGAGEE sha11 apply to t?+~ Govr~ having ~u~~ad.c~~on +hereof fw ~he ~ppo~ntment of • Recei~er. such Cow~ shall
fwrhwith appo.nt a r~e.Yer of sa:d m~igaqcd pioacsly alt and singvlar, inc{ud.ng all and s~nqu~ar fhe :n~o.ne, prof~fs, ~asues and reveoues f~om whalevN
se~rce de.~~ed. each a~+d rvery of w~h:ch, beug exp~essty vnde~s~vod. ~s herrby morrgaged as if spec•f~caliy ut lo.th and dracnbrd in the ~grsnt,wg ~nQ
habendum dauses hrr r~f, and av:h Recc~var sha!1 havr all i1K b.oad and e~(ecnve (v.xt~o.~s end powers :rt anyw.se entrvs+ed bp a Cou~t to a Receiver, ~nd
s~ch ap~Cinsment ih,?li or n.ede Dy such Cou~f as an adm~trrd eqvity aixf a maner ot absoiute nyh~ fo sa~d MORTGAGEE, and wuhout reference ro tM
adrquacy or inadrq~acy of the vai~e ot the p~oprrty mw~ga9rd a~o ~he so:vency a o~sotvency of said MORiGAGOR a the defenda~ts, ~nd that s~+ch
re•,rs, prof~rs, i.xane, ~ssvrs and revenves shefl tx eppGrd by such Receiver accwd~~y fo ~he licn or equity of said MpRiGAGEE a~d the practica of scch
Court.
8. To tiu:r. Fra~pe;y ar~d Fu~!y perlam. d~schsrge. eaecute. effca, complete, comply wuh ud abide by each srxl eve~y tFie stipulations. ~grKrt,~nfi,
conditions a~+a~ covrnartrs ~n sa~d pnxr.:sswy n~~c and rh;s mwtgage aet la~h.
9. 7hst ;n ~hc rvcnt the ownrrship ot the er.ortgaped prtm~ses, w any pa~t thereof, becomes vest~d in a perwn other lhan the MORIGAGOR, th~
~snqTl:n~cE. cra ~~cccuws and ass,gns. may, w~tho~t oerice to the MORTGAOR, deal w~th such successor w a~ccessor in intercst with reference to th~s
mu•tgaye a~d the drbt hc:ei~y secv~ed in the sam,e msnner as wirh Morrqayer w.thovf in any way vitaafing pr d~scF~arginy the Mortgagors liabitity F~era
.~det o+ uF~n :he d;-trt hr~ruy uw~ed. No sale of the prem~ses tirreby mo•tgaged and no fo/bea~~ace on the part oi ~he MQRTGAGEE w ita auccessws
o• ass~gns a++d ~e exrensw:. ef rhe e~,ne fer rhe payment of the debt hercby scc..~ed g~~en.by rhe e,tORTGnGEE o. lrs svccessws w au~gns, a,tiell operate
ro re:e_.e, d~scha:gc. mod+!y cha~ge or altca ~h_ ong~ral tiab,l:ty of ,ne er~pRrGaGpR he~e~~, ei~hcr in whole a in pa~~.
10. It is spcc[f;cat;y agreed ~ha~ t~me :s oi the esse~ce of ihis contract and tha~ no waiver o( any ob'~gat~on hereunder or of Ihe obtig~tion se-
cvred hereby sha:~ at any time ~hereatte. be he:d to be a waiver of the ~terms he~eof w of the instr~menl secvrcd herby.
11. En rd~ ~ !o ri+f fo:e~e'~:n •ronrhlY Paymants of princ pat end inte.es~ requrted by ~he p~om:ssory rro+e secured hcreb~, mortgage~ cor`enants
a~o ayrrey ro ;.~a~ ro mo-~gapee v„th each mon!h:y paY~.,ent an add.~~ona1 svm es~~mat~ by mwtgagee to be eqval to 1, 12 of r:~ annual cost of the folbw-
'"B
A-A~: rea~ c:ope+fr t.x:s tr:~,~ o- assrssed agaF:st nc~ abovr descriycd real estata '
6-F~~,,:._,„s on ~,•e a~,d w;ndscrrn ;nw~arce as nere~~ r,~qu,red to be carr~ed on the +marovemeats sauaee on the abovc descr:bed p~emists. I
C-Prr-~.u•*~s on svch ^~^•!~.=,ge gua.enty insura•.ce as mo+tgaaee shatl f.on+ t me to time deem ;1t to carry on the ban ~ecwed hereby.
Mor+~~gee s~=: :`~cm r~ ~e To t~^+e n~r~1y mo•tgager in writ~ng of the a.nwnt dve and payable he~eundr~ and such su-n shal; tF~reupo~ be due and
:a,ab'e o:+ thr o~e cr.e cr rhe neyt momF~'y paymeM and each successive monrh thereaftcr uatii mortgagee shall not~fy morrgagar of a charge in such
ovnr. $uch suTs s~r ae arp.;ed by ~ncrtgagee tovyard the paym.ent of reaf prc>perty ta:es, insurance prem.ums, and mortyage g~aranty inwrance
: •emiums.
iiV L'~tiNE~~ '.:NEC; ~s me sa~d MORTGAGOR has hereumo set his hand and seal rhe day and yea~ firs aforesaid. 7
S'4ned. Sested a:+d de?~~ered.in ti+e presenc of: /
-
~ +4
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~~t % /
/~L~~-s'aii . -._.a~~ ~
~.;la~
:'::.TE Of FtORIOA ~
SS_
CouNTY OF . Sr _ t_nr i Q,
" --e~.~ ~ ~.~u,, ,~~t,~a ?heodore Perkins
~Z ~ 1 P Y inS his wife. fo me nell known ~sd Inpyy~.~p w~s ~r.b~
~'r.e ind:~~dw;s desu;ced i~ and who e:ecufed ~he fwegany instrument, and ~cknan,iedged before me that they exec~ted f!M _~sn~ }p Ny p~tpKes ~
ri+..e+n exp~essed. Md the sn~d---
Oze21 Perkins ~
of ~?k ~;d ?heodore Perkins ~ ~ '
. . ~ ~},.t~, t.~sid`~
e*am"r.ai~on by me ta:en xpa~ate and apart irom her sud husband, acknpvvi~dged tp ar~d b~fore me IMt she exetuted sa~ r,~.~
ra~~iy and w.rhwn any coT;.u'swn, consnaint. apprehe`ns,.pr~, or fear of w(rom her said Fn,sband. ~~~-~~~~•7! ~ ~ cc
WITIVfSS my hand snd oif;c~al ual this_-~L]' _ day of ~'`a. ~
- ^ / i .
Q
. - - 1- y . : ;
Notery V~b~ic in ~nd for t S~ e bf ~~~pr'~~ ~
Re~ur~ To: My C m,ssion eapiresc ' .
first fcder~l Ser~ngs a loan Asaociat.on -.vll~l~t fvuLlC y13~{= Lt Fl~rt1UA At LAIIR~` ` ~ d..,'' -
NY CO#aMISS10N EXPIRES M~R. 2. 197~ r'
pi ~Eq/II.INSURANCEUkDERWRfTERS.INC.
. - . Q:~tt P:erce. f:, ;i
FIIE~ ~M'~ RECOei0E0 . _
- st ~UC~f COUNTY fl~
Th~s Instsument Pre a~ed B ~QGEpp0~Tf1A5 l~ _
P Y Richard K. Kayes C~EaR tiaCU~T couas
First Federal Sav~ngs 6 loan As~iation RECORO ~ER1fIf0~
of Fort P~erce Florida
Checkpd By - ~ Z 9 ~ ~T~
211~s3
a~K 193 196?
~s