HomeMy WebLinkAbout1699 3 1o p!acc and co~Nnwus~y kcep on thc b~~ d~ngs new o. hrraf~er s~t.,a~e on sa~d le++z! and on eq~~p~•*cm ~nd pcrsonal~y tove~ed by t~~s mor
e~e, w~th all prem~u~ns thereon pa d~n tu:l, f~re ~ns,,:e~ce ,n nc~ ~s.•ai s~..~~yo~d po ~cY form, ~n a s~m arproved by th~ MJR.v~ut~. a~~i w~:~dsto
~~s~,~ai+cs in rhe us~al ~randa.d pot.cy to~~n. m a s.m a~pro.ed t~~ the M. RTG~GEE, in su:h company or compan~es as ihe R~ORI~AGEE m
d~~zcr; a~+d all flre a~~d w~nds~orm in~~rance pe:~c~es on any of sa~d b~,~~d ngs. sny ineerrar ~he~ein or pait thereof. in the agg~rgere i:,m e~orFSa~d
~r, eYCeas thercvf, s~~aH ,onra~n rhe us,~ai sfa -:dard mo~ ~g-~gee c~a;,se o. w.~ o~he~ cause as ihe Mo: tgegce may rcq~~re, ma?~ng u~r ~css undar s.+ d po
c~es, each and every, payab~e ro sa~d MJRTGAGEE as •~s ~ntur;s! mey ai~~_ear, and ea,n and e~•ery suc~ po~~cy •hall be prompiey ass gned a~~d de...r~ed ~
en~ held by sa~d MORiGAGiE as f~rther se.ur~ty to said n.ortga~e d~•u~. a:~d, not leu ~han ren t:0! days in ad.ance of ttx t~p~~aT~on of es;h pu:~cy, to d.
I,.•er to sa~d MORfGAGEE a renewai thereot, io~e~her w~t!~ a rece~,~~ ta Ihc p~rrn+~m.OI sucA rene~a; ax! there sha;i be no 4,rc or v.,.~.iuo:~ ~nsuranc
p~rced on ~ny of sard bui!d~~gs, any inte~eal therem or pa~t t!,er-rcf, u-~-ss in ~he for,n a~ti ~.~th ~he ~oss pa~a.!e as a'oresaid; a^d in tht e.enl aoy sun
o~ money becomes payabie under s~ch po:lcy or pohc~es sa~d .MJR?GA"'E S~~:iII ~1dJ! ~he opt,on to rece:.•e e~,d ap~.'y tie seme on accoun~ of ~he ~~Webred
neas scc~red hereby o~ to pe.mit said MORTGAGORS ro rec.•ive a~~d use it a any ,.•r~ ~he:;•of for o~;~~r s.ur:;;srs .~.,~n:•~t ~!,r~::.
mg arty eq~~ry, I,en w ri~ht u~der w by v~rr~e of ih~s mc^gagc; and in ~he event sa d MO~TT(;AC-ORS shs!I `or any reason iail to keep ihe sa~d prem~scs so
~nS~~tCI. Or fe~t ~o del~~e~ prompTly any of s~~d po::c:es cf ~~su~a:~u to sa~d MORiGAGEE, or ta~: pramp+!y ~o }~ay t~~;y any p~e,:~:,m ~he:o~u~ or in a^r
,espect tai! ~o perform, d•scharqe, exewte, e+~ect, ca*~p~ete, co^~ply w~rh and ab~de by th~s ccve~a~~t, o~ any pa~~ h~reof, S~~d MVRT:~AGEE ~~ay~ p•ace a~o
~~e~ for such insurance or any pa~i ~fiereof wrthout wa~~~ng o~ aifecf~ng any opnon, I~en, eq~~ty, or n~ht undrr a by v~rfue of ~his Mo:~ga9r. and tfic
amo~nt of each and e.ery wch payr.~em shal; be ~~n~ned~atcEy d.,e a~~d pa~abte arKi sha.l bear intrreso trom the dete ~her~~of un~~i p.,~d a~ the ra~e o1
e per cent~m per annum and to3:,hcr ~n~th such in•e:est sn.:,: ;x s~::,~ed hy tht Len of thif mo'tgage.
1. To permit, commil or suffer ~o waste, impairr.~ent u dctcriora!wn of sa~d property or any part thereof.
5. To pay all and s~~gular the cosrs, chargea and expenses, ~n:t.,dv.g a reasonable atrorney's fee a~d cc~rs of abstracts o~ t~tle. incurred or paid a~
iime by sald MQRTGAGEE, beca~se or m the event o4 rhe fa iure on ~he pa~~ af ~he sa;d MORTG~GOR to du:y, proTpriy and futly perto+m, d~scharge
_.e;~te, effect, complete, compty w.th ar.d ah.de by ea:h and every the st~p.~~a~.ons, agraements, co~d~nens. and covenants of sa~d p~o~n~>aory ncie and th~e
-~x~gage any or e~ther, and sa:d cosrs, chargas and eapenses. facA and every, she~l te immrd~ately d.,e and payab;e; whethe~ or not rhere be no'~ce dr
~.a~d, atrempt to coliea or suit pend,ng; and the fuil amou~t oi ca,h a~~d e•r~y s~.h payme~t shal~ bea~ interev from +hr date therraf until pa~d at tt,e
o~ n;ne per ~~ntum ~k:r ann,.,~; a~.~ a+~ sa~d cous. cr.a•grs a~d r~~~~s :rx~•~red or paid, together w~th such imereat, shall be secured by the i~en of tha
mortgage.
6. That (a) in the evem of any breach of this Murtgage or deia:;It on fM part ef the A!OR+GAGOR, or ;b} in the evens any oi sa.d su~ns of money
e•ein refe.red ~o be not pro+~~pNy and fu~ly pa~d vv~rh~r. ~h.rty 3J d~~s ne>T a•r:~r the s~~~~e se.e~a':y beco-•~r d.,e and paYab!e. w~~hout de~nand or noi~ce.
c) in the event each and every the shpu~a:~ons, a9reemenn, c.~-.d ~~o~~s and covenann of S3 C~ F1rOT~SSOfY note and th,s mortgagc any or eitner a~e not
i.~'v, promp~ly and tu~1y performed, d.xhargrd executed. effe.red com~,Ieted, com.p.~ed w~rh and ab~ded 5y, then in erther or any wch even* the sa~d ag
~•r~are sum men~~oned in sa~d prom~ssory nete ~hen re~na~ni~g ~::po~d w~Tr intrresi a.:~ucd, and a.~ moneys set~red hereby, shatt become due and pay-
e 4orthwitfi, or therea~scr, at fhe op~~on ot s~~d h10r2TGAG"tE. as tv~!y o~.~ comp'~eie:y as it a!i ef f!,e sa~d s~ms of money vvere w~g~na~ty s+~pu;a~ed
_~e pe d on such d~y, a~yih~ng :n sa d proT~ssory note or ~r, in~s Mo~tgage to ~he conrrary nor,n~~hsfa^d:ng: a«d fhereupon or thereairer at tne op*~on o~ i
MORTGAvEE, w+tho~t ~ot~ce or tlemand, suit at law or ~n eq.,~Ty, iierre:ore or thereafter begun, may be prosecuted as if afl moneys secured hereby
~ matured pnor ro its ~nsl~suNOn.
7. That in the e:ent that at rhe beglnn:ng ef or at any n:-,e pend~~~g a~y sv:t u,:o~ th~s Mo•tgage, a to foreclose it, or to refo~m it, or to enforce
.~:^~e~t of any cia~ms he~eur~~e~, sa:.: . r'y ro tnc• C:.:,r+ ha.~~~g iw:>d.c~~on shr.eof for the app.:mtment of a Rece~rer, scch Crnrrt sha~l
rtiwirh appo~nt a.ece~ver of sa~d mo~sgagrd prope:!y ai: and 5~1JU d', i'K :Jt~ "g a.: a~.ei sv~ou~ar ine ~ncome, prof,ts, issues a~d ~eve~w~~s from wh~tever
_•ce dznved. each and every of vvn:ch, ~t be~ny e~press q.~nd,:s~•od ~s herri~v mo^aagrd as ;f sFec <<ca1:y set fwtfi and deur~bed in ~F~e g;a~~r,n~ and ~
~endum c~avses hereof, and such Rece~~er sha:~ h;~e a!~ ~he b•~ad e,d rf•ec•,oe f~~;~ ons and po~.~ers in anywne entrusted by a Court ~o a ke:<~ver, a• d
appoin+ment shali be made by s~:h Co~•t as a~ ao~••~ittrd rq:~c> a~~d a:-•afrcr of abso'.ute r~ght to sa~d h1JRTGAGEE, a~d witho~t relerence to the
r:~_q~acy or inadeq~acy of the vaiue of tha p•ope~ty mo•~adged er i~ tn~ s~ ~e~cv c• ~ns;, vency of sa~d MORTGAGOR or the defe~~dants, and that such
~~s prof~ts, inco,ne, issues and reven;,es sha:~ be app:~ed cy s:,ch Rec~.~e~ zc.ord:ng ~o the Gen or eq.,ity of sa~d MOSTGAGEE a~+d the p~acuce of such
CJ:,.'1.
8. To ~'~+y, p*ompt:y and f,;t!y Fertar,r,. d~scha~ge, exec~•'e, efiecr. co~:ete. co-~:p!y w~rh and ab~de by each and every the s!}p.,:ations, agreements,
_~-:~~tions and covenants se~d prom~sso-y no~e ar.d Th:s m~r?ga~r sr+ +o•~h.
9. That in the eve~t the ownersh~p of the mortga~ed prem,ses or a•:y part thereof, becomes vested in ~ person other than the MQRiGAGOR. the
:~R7GAGEE. irs successurs aod ass~gns, may, wnhaut ncT,ce to ihe "t,'~R~G~-~2 dea; w~ih such successor o. s~cceaso+ i~ ~nterest w~~h reference to th:s
^ r~gage and the deb~ hereby secured in the same manner as wnh hl~rtga~o+ wah~~t ~n ar,y way vit~aTing w d~xharg+ng ihe lro.tgagors' Gab<<ny her~
-~er or upon The debT hereby sec~red. No sair of tne Fre/*.~i~s h_:eby mortgaged and no forbeara~ce o~ the pan of the M10R1'v"AGEE or its sutcessors
: ass~gns and no ex~er.s+on o4 the `~me for the payment o+ the deuf hereb~ sec.,red given by the MQRTGAGEE or its s~ctessors or au:gns, a~~all operate
~eiease, d~scharge, modrfy change or atfect the o•ig.nai I~eo.,.ry of fhe MOR:GAGOR here~n, either in whoie or in part.
10. N is sped4icafty ag-eed that tirne is of the esse~ce ef th~s contrac! and that no waiver of a~y ob~~gtt,on hereunder or of the ob!igation se- t
i
~ c:,-ed hereby shaii at any time rhereatier be he't~ to be e wsiver of !he tern:s hereof or of the instrument sewred herby. ~
_ ~
11. Irt add tio-~ ~o !h~ io~egc n~ ^,on!h!y pa~men•s oi ~.•~-,c and r,•:•resf req~~~ed by the pror*: szcry no~e se:ur2d htrebr. To-tga-yo- covenants 3
t r~ ~_y r.~ ..,~-e~a,~~ v.nh Pach ~,aneh y r.a.• ,F~,~ ar, ad:,,:cr,a~ s~--, .a!ea b~ mo~rgagee ~o ~ue eq~a~ ~0 1 12 of the an .ua: cos~ of the foilow-
¢ ° -
t
f A-AI! real prope•ty taxes tened o~ ass^ss_d aga~•~s~ t~~ ~i~..•e oc>c•:',~ d r;a. es•a!e.
~ 6-Pr~.~-~u•ns on fire an0 v.~ntls~o-•r ~ns.,•arce as he-em req,: ~ed +o be •~~d en the ;m~revz~ne~*s s'+uate on the above d:s:n;,ed prem~ses.
C-Prem~ums on ~uch morrgjqe guara~?y ir.sv~a~„e as mo•~gagee sha!~ f~o^~ : me to nmc~ deem fit to ca:ry on the loan secu:ed hereby.
Mor!gagee sh~'~ '-om tr~e to nr-,e nc• f~ mC'iyoq~• n~rt~ng o` tne a•-:c,_~! d~e and pa~ab~e he~evnder and such Su'n Sha!! Shere~ppn be due and
S able on the due oa+e oT ~he next mo~!h ~ p;yr~~-~t andnedch s~:cess~ve To°th t'-~e~eaf!c-r ur.!i; mo•tgagee sha!I not:fy mo•~gagor ef a change in su:h
: um. SucF sums s~a.I be a~.,~:~rd by mortgagre ~owa•d ~he pa.~:ent o` ~ea: pro~,e~r~ ta:es: insura:xe prem.ums, and morigage g~aranty insurance
~r^i~vms.
~ IN \N~TNESS WN:RcOf, the sa~d M^vRTGAvOR has hereunto set his har.d and seal the day a ye first afore
~ Signed, Sealed and de'.iver~ in the presence of: / `
~ - - . al)
;r' P e 5 S
(Seal)
x _ (Seal)
. .:u rey ~ccos
(Seai)
~ j-.~T ~ i ~!:C. _ C ~
E OF!E~107~ =
r
~ ~~U!~TY dF n: 1
~
Before me personalty appeared J~ES ~OCU~ a~
P. i.;G~ I C')' D. ~^CC~S his wife, to me well known and kreown to me to be
r~,: individuais described in a~d who execured the forecoing in:trument, and acknow~edged before me that they executed tne sart+e fw the purposes
_ !he*ein expressed. And the said • `2~= E' y . ` C C ~ .
;
~;~~e of the said J.-~~es .1_ 170C05 , upon a xparafe sad priv~t~ ~
~..am~nai~on by me taken separate and apart from her said husband, acknowtedged to and before rrK that she t:ecuted sa~d insir~rnent fteety and votuo-
° ~a~~~y and wnhout any compuision, consrramt, apprehens~o~y~or fear of or from her said h nd.
(Q ~ \ O ' 2 ~ ~I ,t
WITNE55 my hand and oific~al seal this_. ~ P. 19
- fflED ~H
ST.ltiC1E ~.OUMTY flA. ~ ' ~ ~ 7j
ROCE~ P4jTR1 ` Notar Pu c in an ~or the StaTe
_ CLERK Ci'r;Clllt COIfR ; My m on e ires:
.
Retvrn To: RECOR~VE~IFIEO •
• _~,~'Si d
- First Federal Savin s 3 loan Asso:iat~on
or ~o~• Pf~~f -
- ~ N
o
y 3~ 3 2 4 T ~ f~~~~'b~ o N r';"
' • ,r
: fon V~erce Fior~da / , - .•~.s ~ : .
~ 2196'72 * +3 .
~
This Instrument Prepared By E3r un ~
First Federal Sav~r.gs & loan Association 3
- of Fo~t Pierce , Fi or iL: . }
t
_ r
- Checked By
60otc 1J~ PAGf ~vJ ~
,.3
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