HomeMy WebLinkAbout0549 3. To place a~.d cont~~uous~y keep on ~h: b...:.f:c~s r._.v en c~r,~4ter i:t~ate on sa~d lu~d and en alf eq:,~p~t~ent and peno~atty covered by th~s mor
e~e, wlih all prc ~',~umf ti~rreo~ F~a d•n f~;t. I:rr ~~~s„~anc~ .n iha ~s~at starda~d po~~c~ form, in a s~:n aFp~oved by the MJR~v.>G:E, end w~~~dsto
~~~surtnce in ihe usual s~~nda~d po: cy form, i~ d sum o{:pro.c~ by Ihe MORTGAGEE, in s~ch tompa~~y oi ta~{?a~:es ds ihe h10RTGAGEE R+
d.rec~; ar.d atl fire a-.d w.ndstu~m insurance pu`~c~es on any o1 sa~d bviid~ngs, any ~nteres~ therein or pa~t thereoi. in the a99~r9.;~e s~m afor~sa~d ~
excess ~h~-~eoi, s~~al~ contein the usual sta~ dard n~o~}gagee ciause or s~ch o~her cia:,se as ~he hlortyagea may requ.re, mal.iny thr ioss u~.drr sa~d po
_•es, each and every, pa,a~'e ro sa~d ~ti~JRTvAGEE as ~rs ~ntvrrst n,ay appear, and each and every s~ch po+cy st~ail be prompily assgnrd and de~~~e~ed ~
any hrld by sa;d ;:.ORlGAG~E as funher s_cu~~ty to sald ~~•o:tgage debt, and, no~ ~ess ~han trn (10) doys in ad.3nce oi ihe expi:ct~on of eath pol~cy, ~o d. :
,.rr t~ said A10R1isAGEf a rencv:al thereoi, toyethes v~ith a rc:e~t.t for the pr~m~um o( such rener.a!; and Ihere s~~a~~ be no f~re o~ ~vi~~dsto~~n iniwant
~~.:eced on any of sa;d bui!d~ngs, any interest tl,rre.n or part tl:ereof, un'~ss ~n ihe form and w~ih ihe ~ess pa~ab~e as aforesaid; and ii. the evrN any sun t
ot money becomes payab•e ~~~der s~ch policy o~ poLcies sa~d .Nt~RTGAGiE ahall have rhe opf.on to recc~.e ~nd app:y t:x same on ac,ounr of the indeo+rd '
n_ss secued hr.eby or ro perm:t sa~d MORTGAGORS to recenre and use it w any p.~rt tIl•'.~'JT tcr e:~~•,r r•ur~ ~srs. :l.~n;..t tE~ u; y:;r ~~:p..r ~
any eq~~ty, Len or nght ~nd~~r or by vir~ue of ~h~s moc~yage; and in the event sa d h1pRiGAGORS sha!I `or any reason fa~l to keep the sa~d premisrs so
~~sur~-d, or fail to de~~ver pro~nptly any of sa~d pol,c~es of insurance to se d hSpRTGAGEE, cr i,,;; pron:p:ly to pay fu~ty any pri ~~w~n thcrefor or in a~~y
respect fa~l ~o perform, d.scharge, exrcutr, effect, comp~eta, co::~ply w~~h and ab~dr by th~S CovenaN, Or any p.~rt hareof, se~d MURT;,AGEE may piacr a~~ef
~ a; for svch insur.~nce or any part tk3ercof w;thout w~iving or affeal~,g any opt~on, lien, equ:fy. or r~~ht u~~der o~ by v~r~ue of ~hts h~orrgagr, and the
f~ i amovn~ of each and eve~y such payment shalt br immediateiy due a~~d ~yable and ahail bear ~nter~st from tha dotr thereof until p~id at the rate o1
• e per c~nfv•n Her a:~•iv:~ a~~d to~-~i:~r ~n~!h sc:h ~•itrrest shaii be s.~cured by the lien of th~s mortgage.
4. To permi~, commit or suffer no waste, impa~r~r:~nt o~ drrei~oration of safd property or any part thereof.
S. To pay all jnd singu~a~ the cosrs, chargea and expenaes, including a reasenable atrorney's fee ar.d costs of abstracts of t~~le, incurred or pa~d at
,•~y t;~~.e by sa~d MORTGAGfE, because or i~ ~he event of the ta~wre on the part of ihe sa:d h10RTGAGUR ta duly, pro-~~pNy and f~lly perform, d~sc~arge. ;
c~rr, effect, cemr:cte, ce r,,iy w•~~h and ab de by ea.h and eva~y ihe st~pu!ar~ons, agrer~nrnrs, cond~nons, a~~d cuvenanrs oi said p~o:n~ssory note ar.d thls s
, ~nyagr any or e~fhrr, a::d sa d cos~s, charges and rxFCnses, each and every, shail br immrd~ataly due a~d payabie; whe~he~ w not there be nonce d~ ~
•,~~d, atre:npt to co.led or su:t prnd ::g; a~~d rhe fu!! a~nu~nt of each and e~ery s~ch paymeM shali bea~ inte~esr trom ~he date thereof un~il pa~d at the
o~ ~~~~ie per cen~u•i~ F.er an au sy~d co~rs, u,a~g~~s a^d ~x~~~i~srs ~rc~rred or pa~d. togeihrr w,th suth incerest. shall be ~ec~red by the i~en of th~i t
~ertgage.
6. That (a) ~n the e.ent oi any brrach of thn Mortga~e or defau~r cn ~Fw part of the MORTGAGOR, or ;b) in !he event eny of sa'd sums of money ~
~ein refe~rrd to be net Fron,~~t:y a~:d fully pe,d v.~!1,~n th.rty ,3J: di~s ne..t a'r_•r the sa~ne seve•a'y oeco~ne tioe and payable, withoUt demand or n~tice,
_•.c) ~n rhr e.•ent each and e~ery ~he s~~pu~anons, agreements. co•~d~~~o~s and co~enanrs of sa d pro•n~ssory note and ih~s mortgage any or e~ther are nol ~
~-.v, p~ornptiy and t;,:iy ~erfo~r.:ad, d sc~+a~g~d e~acut~d. eifected, comp~eted, compi~ed w~rh and ab~ded 5y, then in e~ther or a~y such event the sa~d ag
,_ga~e sUm menr~o~ed ~n sa:d ~~Oa,i51U~}' n~!C +hrn ~e:~~am,ng ur.pa,d, v.l~h ~nrere;t acuued, and a.! monrys secured hercby, shall brcome d~e and pay-
~ fer~h,v~rh, o- ti,•~~ea~t~., ar +hr op•:a~ o+ s_.d :t1JR7vAGEf, as fu~fy a~xi comFslelely es ii a~l of ~I,~ sa~d sums oi n,oney vvere or~g~na~iy st~puiated
• be ,:.jd on svch d_y, anyth~n3 In s,+d pron.ssc.y ~~o!e o~ in fhis htortgage ~o ~he conna~~ not,r~tF.stand.~g; and ~hereupon or thereafrer ai rhe opr,on of
t NORTGAGEE, ~n~vh•.~t ncc.ce or demand, su~t at taw or in equny, therefore or thereaiter bequn, azay be prosecuted as it all moneys te:u:ec.' h.=.:e.~.~
1 matured p•:or ro ~ts ~r;st~!~~~un.
7. That in the r.e~t lf~3t at the beg~nn •~g ot or at any tnne pend~ng asy su~t upcn this Mo~tgage, w to {o:et~ose it, o? to reform if, or to enforce .
~ * ~ + rF._reo! !or fhe a,r. o~mment of a Rece~ver, such Cou.t shail `
r._nt et any c.,~•~a h~~~e~rii,r. sa.d ,.tOR,C,aG_E sha i aFpY to tnr Cev~t IIdw1'~ ~U'~1LC':OII p
•h,n~th apFc~nt a.e.e~.er of so:d m.crty~g~d 4~roperry a~i and suigvlar, ~nc:~d ng a~~ a~~d s~~gu~ar the ~nco~ne, p~of~ts, nsues acd revenues irom whatever ~
s •ce G~2r~~@~. each ard eve:y of v~h,h, ~r be.~:g express'y ~~nde~s!ced. is fr~,cy n:o:tgag,~d as ~f sEec,f;caliy set fo~+h anci desu~brd in the qrane~ig and Z
_er.dum c a.,see her,ci, a~d s.,ch kece~~er sh:~:~ ha~e a~! tne brcad a~.d c~fc<'..e i~~nce c~s a~~d po.yers ~n anyw~se e~~trusted by a Ceu~t to a Recr~ver, a~~d ~
s:~: 3ppJ~n!m.ent sfi3., n~~..a3e s,:h Ce~~t as an ad~•.rt~cd eqwty and a r•a~ter ef abso~~.ute r.ght to sa~d MORTGAGEE, and w~Thou~ relerence to the
_-a,:,cy or ir,ad<q„ac; of ~~.r va:~e et the pr~F;~rry mo~r~ayrd or to ehe so v;ncr o~ ~nso .e~ci of sa,d MORiGAGOR or the dere„dancs_ r~,~± th~! such
's. 4rob~ts, ~nco.ne, ~ssues a~~d.reve~:~es she~~ ~e a{rF..~rd by wch Rec~•~~er ac.ord,r.g to the ~~en or equ~ty ot sa~d MORTGAGEE and the pracnce of such
~c~rt.
8 To ci~'?. Frc~•~tr'y a~~d ful~y Fe~fo.m d.xha:ge, exec~te. ef'ecr, comp:.rte, comp'y wnh and ab~de by each and every the stipulations, agreements,
d;r;ens a~d ceaenants s~:d pro -~ssor,, ncre a:~d rh.s m~r?gage srr fo~th ~
' 9. That ~n the e.~~,r thc o.v^e•sh,p of the ~,or.gaged ~,re>:~ses. o~ a~iy part tner~of, Eeco~nes vested in a pe~son other than the MORTGAGOR, the
.'RTG~G::, ;•s s..cc:°ss_>~s a• d d55•~'~S rn3'y, v~ 'FiO~.t n~•:ir 'o t~,e h10RTGFpR, dea~ .v~~fi s.,ch successor or successor ~n ~nterest ~v~th reference to th~s
rye~c a~ d'he d:::' herchy se:.,~cd m tne sa:r.e manr,~~r as v.~'i~ '.b~r:~agor v,.?hout in any way vir.at~ng or dscha~g ~ig the 1llorfgagars' tiab~t~ty here-
o~ uFor~ she drr.• n_ <~; s+~c.~•_.i ~+o se e of :'~e ~~e ~:s••s h,.•reb~ ~nortyagrd a: d no fo~beara~~ce en the pan oi the 1110RTvAvEE or its s~ccessors
,,ss ;;~s ~rd ^o e~~r• ~.e~ u' rne .e ior rne =ayn,enr oi h e d~•bt i~e~cby se.~r_d g~+er. by the 11lORTGAGEE or ~ts auccessors or ass:9ns, sl~all operate ~
_:e case, d sc~arge, ...~d.i~ c':s~ ge 'or a!fect the or;g~no1 „~,u.':ty oi the ~.;ORSGAGOR here~n, e~~ner m v~hoie or in part. ~
t~. is :s s,-.ec' ~_~g~e,-S .,nr TIT^ u of ~F:z esse :e ef rh;s co~~±rac+ a-+d rhat no wa+~er of any ob' ga~~on herevnder or of the obligat~on sr ~
_•d he~ca~ s~ e. at a~~ f r:--•e m~;reaise~ be heid to be a wa~:er of the terms herrof or of the cu~ru~nent srcured h~~by. i
~
i 1 „ r _ •o ~r•. - - , :..,•s oi ~ : j ard ~ . •~s• ,e~.. -ed by rt~e p•o;,~ ssory r,c~~• scc:,•rd he•ebr, ma-t~a~or tover.ams
cs ro r„ t~ _~•i~ ,,:a,: e n an an~ ..ra; s~^~ ~~r ared b~ mo•ty~gae to vr eq:,a~ ~0 1 12 of r.~e e•~ :~al cost of ~he fo:;ow-
i h-... _a' t~o,...•; •.j.~s e* ess-~s<..;y~ ,..y r•,.: oi~~ve desc~;:~c:i ,ef rsi,,+r -
i o F. .~s a~~.ci rds~c.,..~ ~:rsv•~~~;e as he,,,:n r-q;;..ed to br ca~•~~d c^. the .,~•oveme~+s s~ruare on the abo~e d_SC~~bed premises.
€ l F~~- s c~~. . r~ ,,..ry u a :c as -r.o~;.~ay>e sna' +rc~, r,.,e +o d_r:n f;t tc csry on stie .:an sew~ed Aereuy.
F :1ora+~re s• _ e . , e,,~; n ~.:.r ~~g ~1 the ~...a,.ti .7~_r• g••~ j'3rdU~6 he.eund•• a~•d s~in s.~~, sr,~ ~ tiurev~on be d~e and
..r e~ rn_ ~ :tr•••c, :~~e a d e.:ci~ s.cccss+.e •u•;•h t!+..«af••r u~h' mcrtga3ee sha:~ ~zot,fy mo•ryagor ef a change in such
$;,,4~ s., ~~s s~ ,,a •:r~ ,,e•ty ~g..e. tov.a-d te~e pa~„ ent of rra~ proFe•ry TdxeS, in5~"3.`.CC pren:.u ns. a,d mJrt3age g..j:anty insuror.ce T
_ " . ~ n.5. ~
~ti `:~!?NE~~ :.H~R~ t•. ' d tV!ORTG%.vCR has here~~to set h~s ha,-d and s~~e~ the de~ and year fnst a~o~esa~d.
= S: ned, Seaied a• d~,.~e•e ~rhe ~e ce of: 1~
~ Seal)
; - - 9 f1L~0~1- ~Il~o R~+e ~ECOROEO ~ ti
~
n ST. LUC1E COUNTY FIA. __~`r_
' f - - ~Ii~ iIOCE: ~~iT1AS ~ yy_ --~s~.i)
= -~"~!X~-~'~I - - -'~r~"- CLf•RK CtnCillT COURT ~ ~ - t5ea4
RECORD VEFtIFIEO~---- - t5eaq
-E <<~~,~a Noy 16 1~ io PM'11 21892`~
Y
e T
; ~'aTY Of - - - ~J~t _Jj]1C~e-- - - - ~ .
r':
Lo al D. ThanaS
=s Bescre me F,erso^:a.~y r.ppe.red -T- - - - ~nd
p -
.a - 1-~~.~4~ i~~~ag his w~fe, to me v`eil kncwn and kn_n.vn to me to lx
~ ~ ir.d.v„ice'.s drsc•,~_d m cn.j ~„ho execu~ed the forego~ng instrument, and acknow~edged before me that they e:ewtrd the s.s:ne for the purposes
~ lli3 lttomas
r~....P!n express'.'~. Ar.C~ r.;n y.;~,d - - ~
_ ~ - - - - ~ - _ ' -
„ ~f Loyal D. ?homas vpo.~ a seps..r. and p.t~.+.
- - - _ _ - - - _
~ r•a':o~ by A 1~,~~ se;.e~ete a•~d a•t !ron her sa:d hu~ba~d, actnc+aledged ro ard be!ere me that she eaew•ed sa~d instrumeM heeiy and nOtuo-
` r+1 :
~ • ~ e- d w i ~~r a~:v cn c:, s'~,: rt, a, ~~ehe~a.pQ. or fear of ar from her sa:d h~sband. _
~tiii*d=55 ~~r ha. s e-~d n~:.c _j! s..a~ fhs - - day cf_ " A D. 19~
( - - - _ _ _Nove-- - - ~ °
1~~.~
N 3~y Pvb!~c ~n and or th' $1~tq of ibtide ~t lra~rye
M.v ~er.,•n.ss:on exp~res: ~-Q ~ J' , ~ q 1
£..•.,-n i _ .J
f fc~r'a! 5_.. ys S . ;1;s_: ' , -
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_ Th~; i~s'r.~^~e,~t Prepared By J. D. Chastain
- F~rst Fe:iera~ ~av:ngs 8~ l~an A;so~~a!ion
- of For+ P~r=e , Florida
C~e.ke:i By
" 80aK ~~7~ P~Gf ~