HomeMy WebLinkAbout1319 3. To place and co~tinuovsly ieeep on the k.~.~ J~~.gs nu.v o~ he+r,fcer s~t~,~te on sc~d !and and en 3!; cq~ipmtN and personally co+arrd by thia rnor
ege, with all prt•~:,ums thereon Na d in lu:i, t:rc ins,,:e :ce ~n ~h_ us~el s!~:~J~~d po ~t/ form, in a s.,m aHyroled by the MUR~C~AG~E, and w~~~dsto
nsurance in the ~sual sranda+d po! cy form, ir. a wrn a~.Nro.cd Ly ihr 1.~~~RTGAGtE, in such company or compan~es as rhe A'.ORiC,AGEE m
d~~ect; and all fire and w;nds~o~m insv~an;e po~~c~es on any of s~~d b~~!d.ngs, any interest thaieln or psrt thereol, in ~he aggrcga~e su:n aforesa~d
in eacess Ihereof, shali comai~ the usval sta~~daid morrg~gre c:a~se or su:h oiher c~i~se aa the Mo~tyagee may ~eyu.re, ma?~ng thr ~css undrr s~~d po
c~es, each and every, pa~ab:e ro sa~d htJRIGAGEE as ~~s ~n~cr~st n,.~y aprear, and each and every such po~~c/ fhall 1k prompny asi y~~~d end de,~:.1~efJ ~
any held by sa~d IdORiGAGEE as funher s_wriry to sa;d ~~:o:~y.,yr d~u~, a.~J, not iess than ~en (10) d3rs in ad:ance o+ ~he exp~rat~on of e~:h po,~cy, ~o d~
I~vm to ~a~d MORTGAGEE a renewal thereof, toge~hrr w~~h a rea•~~>r for the prein~um oi such ~ene~nal; a~~d thrre shaii oa no f,re o~ +ti:~,::sw~~n inw~anc
plecv~ on any of sa~d buildmgs, any interest thcre.n or part the~<~~f. u~~'~.>s ~n the (onn a~:d w~th eke :oss payab:e as aforesa~d; and in the e~ent any sun
of money becomes payable under such poticy or poLues sa~d A'ORIGAvEE sh3H h~ae ~he opt.on ~o reca~~~ a~~d app:y ti~e sa~ne on a;cov.» of the ~ndrur~~d
ness sec~red hzreby or to pernit sa~d MORTGAGO~S to rrceive a~~d use it o+ arr/ f,:~r~ tl~~ :~~01 Tcr c:n• r , csrs. ,.:tn,.;t !h n; .4..~~. ~3 :r ~ i~-•~-
~ng any eq~ity, ~~en or r~yht ~ndrr w by virtue of th~s mc:tg.~ge; and ~n ihe evem sad AlOe~T(;AGORS ah.~!1 for,any rcason fail to keep the sa:d pre+n~s:s so
~nsu~ed, or iail to de~~ve~ pro~nNNy any of s.~~d poLc~es of ~~~su~ance to sa d MORTGAGEE, er t„~: prornptly to Nay fu,fy any pre n~. n ther~•tur or in a•~y }
respect fail to pe~{am, d:scharge, execure, eNeU, COmp:rt~, co:~H~y '+r~~h ar.d ab~de b~ ~h.s covenanf, o. any pan hrreoi, ssld 1.•,GRi;,:.G_E ~~~ey p~acr a o ~
F•ay for such inswance or any part thereof w,~hout wa~ving or aff~•cr~„g any oyt,on, ~~en, equ~ty, or ~~~hs u~der or 6y virf~e of ihfs A1o~~gaye, and itia i
t~.:! amovnt o1 each and e.ery such payment shelt be ~m~rnd~ately due and payau;e ani~ s~+a11 brar inter~st Irom iha dete thcreof un~~t p„~d at the rate ol
~:~~e per cemum per annun ~nd tc~~~h~~r ,n~~h such inte:~st sn,~~ s,:.,~~:d by the fen of th~s mortyage.
4. To permit, commit or suffer no waste, impairmero or det~r~crdt~on uf ss~d proparty o~ any Yar! thereof. !
5. To pay aIl and s~ngular the costs, chargcs and expenses. inc!uding a reasonab'e attorney's fee and cos~c of abatracrs oi title, inc~ned or paid at ~
any ri~ne by sa~d MQRTGAG`_E, beca~se or in the e~rnt of ihe fe :u~e on tnr oar~ of ehe s.~~d MORTGAGUR to du:y, pro•i~p~+y a~~d fu;fy perform, d~sci,srge ~
:.<c~te, effec~, comp;ete, compiy w~th and ab:de by each and eYCry the st~p~ at Cns, agreen~ants, COncln~ons, and covenants of sa~d praussory ncte o:•d ~h~s
~:orrgage any or e~~her, and sa,d cosr,, charges and exF~•nses, each a-,d every, sha+i Le immrd~ate!y due and pa~•ab1e; whefher or net ther~ be nor~ce d~
~~~d, attempt to co~led or su;t pend:ng; and rhe f~t: s::ount c•i cach ar:d e:rr; wch f?aymem shall tea~ ~~~~c~rs+ from the date therrot unr~l pa~d a? tV:e
o~ n~ne per crnt~.•n F~ar .:nd a:i said costs, cl~argis e~~f ~~_s :~surrad or paid, toy~'ther ~r.th such ~nterest, Shail 6e secured by the t~rn of Ih~s
mortgage.
6. That (a) in the event of any breach oi this Alxcgage or detaul~ on ~F,a part of the M.ORTGAGOR, or ;b) :n the event any of sa'd wms of money
t,•~rein referrrd to be nOt prornpNy and fuily pa~d wrth~n rh~rry ~3J d.+,s •~c.r a~~_•r the s.,~~~e se:e~a:y cecu~*,r due and pa~abte, w~~hout demar.d or notice,
~c) in thr event each and every the stipu!at~ons, ag~eemenrs, cc•:d.~~o:~s a~d co~enanrs of sad promissory nofe and ths mortgage any or e~ther are not i
j~~y, prwnpily and lu;ly performed, d scharg_d, eaewted, effected, co~npieted, conipi~ed wnh and ab~drd Sy, then i~ e~ther or any such event the sa:d ag-
~•.aare sum memioned in sa~d prom;ssory nore then re~na:n~ng ~~~~.a~d. .v~rh ~~:rr~c,~ acu~ed, a~~d aa mo,ie~s sewred hereby, shall ihw~:~e due and pay-
eo e(o~thw~th, cr ~hereafte., at the opr~on of i,,,d h10RTGAGEE es f~~:y e„d co^~pie}e.y as ii ai! of ~hr sa,d sums oi money were ong~natly st.pu:a~ed
o be pa:d on wch day, a~yth~ng in sad pro:~~.sse.y ncte or ~n tn~s Alorigjg~ ro ihe conrra.,r no;h~~hsi3~~d.,~g; and rhereupon or thereafter at the op~~on of
z, d MORTGAGEE, v~~thout r.o~~ce or demar,d, s~~t at taw o~ in equ~t~, thr~e~are or ~h~rr~i~er begun, may be prosecutec3 as if all mo:~eys sewred he~eby
~.:d matvred pnor to rts institut~on.
7. That in the event that at the beg~nn ng o4 or at any t:me pend~~ 9 any su r upoo this Mortgage, or to forectose it, or to reform it, o~ to e~force
_J_ L_ „f •G.. D.. -L. •I.a~l
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.~hwith appo~m a rccelver of said mortgayrd prop:•rty ai! ar,d,s;~:~~~:a•. ~~.c~~:i ~~g o~l ~a~~d s~na~~ar ti~e income, prot~ts, ~ssues ar.d reven~rs from whatever
s:•ce der~Yed, each and every of whv,, 1f lk~n9 e~press'y unde:s~.:~d, ~s Fc~_~ci n:e~!3+g~•d ;s ~f spec~f~ca:'ry set forth and desu~~d in the g~ant~n~ and
s:,endum ctavses hereof, and such Rece~~_r shaif haie ai: the b~~ad a~ d rir~ti•.,,e f~~ ;r uns ar~d po.~ers in anyw~se entrusted by a Co~rt to a Ret~~ver, and
..:h appointment shalf be made by such Ccurt as an ad~iitted rq.;lty a~.d r•ot'er cf a~sowte rlght io said MORTGAGEE, and v~ithcul reFerence to the
r._'_yuacy or inadequacy of th:e vatue of !he properry mc•~g„ged or to ~n~• s~ ve~~c~; e. ,:,io:vency of sa~d h10RTGAGOR o~ the detendants, and that such
~ rs, proflts, inco~ne, iss~es and revenira sha~i be app.~ed by such Rec~+.e. ac:~~~d.~~g To the lien or equ~ty of sa~d MORiGAGEE and the pracrice of such
lourt.
3. Io or.~, Eo" ~fo~-, d,~::: -..,e, ci<<.~. ...th o.:d :..~,i.a.~ w ..n~ ' :he . .
~~,t;r Y F,cr :yc Ekc~ j;: tN:~ tsc.. z..^.y ~:f.......w.. .:y^..°.
.~r.ditions andVcovenants ~n sa~d prom~ssory note and tns rnortg~~e s,t +o~rn
9. That in the event the ownenh~p of the morrgaged pre~~~ses. or a,y pxt thcreof, becomes vesred in a person other than the MORTGAGOR. the
'.'~RTGAGEE, its successors a:~ci ass:gns, may, wifhout nci~ce to i:~e S1JRiG~'~R, dra: w~ih s~ch s~ccessor or successor ~n ;nteres~ ~v~th refe.ence ro th~s
~rongage and the deb~ hereby sec~red ~n the sarr.e manner as N'~t~l 1~~f1~3(JO~ W'~~F10u1 in any way vit:ating or d~scharg~n~ ~he R1or~gegori liabilify herr
:,rder w upon the debt hereby secvred. No safe of the ~re~r~ses h:reb~ mortgagrd acd no forbearan~e on the part of the MORiGAGEE o~ its successors
o: assigns a~d no earens~on of ~he t~me for the paymem of rhe debt i,e~_::r sec~red g~ven by the l.tORiGAGEE or its succesaors or ass:gns, a;;a~l operate
ro release, d~scharge, mod~fy changr c~ affect the or;g;nat G3o.;.ty of ~he I',ORTGAGOR here~n, either in whele or in part.
10. It is spec:ficatly ag.eed that time is of the Fase~ce of th,s co~~~ract and that no waiver of any obl~gatlon hereunder or of the obligation se- ~
c~r~ hereby shal~ at any time therea4ter pe heid to be a wn~vrr of the terms hereof w of the insrrumen~ secured herby. }
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11. In add:no~ ro ~he fo~ege ~~g rnom!~'y payrr_nts of p~a.^.c ~a; a~d ~~~+;~•:s? requ~red by the prom ssery no~e s~~u.ed hereb~r, mortgagor covenants
`t d agrees to ~ay to r.:o•fgjgee v,,~rh each ~:•:;•,~h y~a,~ e~,i an a.lu •!~~~al sum ess, ~>red by r.i0.•tyay22 TO bC Bquai t0 1 12 of ti~e an:,ual cos~ of the foiiow-
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A-All real properry tax~s lened o~ ass_srd ag3~ st thc ai o~e desc~•~cd r_a! es+ate.
k B-P/_T.VU'~7S on i~re and w~r.dste~•r ms-,;rarce as nerr~n r.-Gv;-•_d to be ca•r~ed en thr :mproveme~ts s:tuate on the above d^sv~bed premises.
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E C-Prem~~n~s on svch mortg:ge guaran!y ~cw•a~:e as +~;o-tyayee sha;f frcT ~ Irc to ' mc deem fit to carry on tnc loan seci~red hereby.
Mortgagee s!*a l'rcm r, to t;^•e nc~~f; ~rc~;.~a~cr ~n v;-l!~r:g of the a- o~•~! d.;_ ar.d payab!e hereund:r and wch su~~ shail fh~•raupon be due and
` :+yjble on thr d~e aa+e cf the ~~cr: monsh.~ p~~•r,_nt a•~d e:;ti su;c_ssive *a~:th t'rereaft~r v~.t~i mcrtgagee sha:l not~fy mortgagor of a change in su[h
_ - ount. Such sums sF;;i be a;;~~.i_d i~y mertga3~_e sor.a~d the F~atinent oj ~ea~ Frope~ry ta,ces, insuraue prem:ums, and mortgage gua~anty insurance
~ ~~•cmiums.
IN ~'~ITNESS :VHEREOF, tt,e sa~d h10RIGAGOB has hereu•~ro set h~s hand and s~=al fhe day and year f' st f said.
Signed, Seafed and deiivere~+ en the presence of: /
~ _ _ ~ Seal)
~ 5
(Seal)
g ~ 4 (Seal)
L s zances . i es
~ - (Seaq
~ ~
~ SiA7E OF~ G~rgia ~
~ • CJUNTY OF .~N 0 MA b ~ ~
~
~ Before me personally appeared W1111dID WilkeS _ a~
~ Frances E Wilkes
~ - his wife, to me well known and known to me to be
~ rhe individuals described in and who executed the foregoing instr~ment, and acknow~edged before me that thpy executed the same for the purposes
iherein expres..ed. Ard the said _ FIdi1C@S E• Wilkes ~
~ k'illiam Plilkes i
+~~fe of the ~aid•...•~~••• , ~ - . upon a sepa.ate and private
e.amin~tioo'~ ta ~tAte and apart from her sa~d husband, atknowledged to and before me that she e:ecuted said instrumen~ freeiy and volun- t
' ~an1 and t'Ln ~~t ~tanstraint, a rehens.o or fear of or f+om her sa~d husband. ~
Y ~f~. Y PP
$1j~'Nl~S my hand antl;~~i(~s1 seal th~s- - day °i NOVmebe r , A. D. 19-11
.,t ~ r' f~ r; ~ N~ ubiic~ and f~ he State of at large s
" ~1•' l ~ j ' My Comm~ssion expires: p ~ ~
Return To~ ~ ;i
_ First Federat .a~~1Yan Associat.on NOURr P1~~ ~TM ~ i
Of Fo.t . iil~ C~ ~ "s
'y fj~ff Pi@tte, Florida ~~f ~ ~l F
F1LED aMD RfCOROE~ ~j, ~ ~ - !
ST. WCIE COUNT1f flA.
ROCER POITRI~S~ • i.
This Instrument Prepared By RiCha rd K. KaVes CLERR CtRCUIt C~URT
=g RECORD YERIf1ED~
- First Federal Savings & Loan Association
= of Fort Pierce , ~lo rida ~ ~,t A ~ ~ ~
_ ~ 9
Checked By _ 2?.~~~~
:
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_Y s°ooK1y7 ~acE13~.8 '
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