HomeMy WebLinkAbout2654 3. To p:ace a~d co~T~n~o~s~y ~tcp on fhe 6,~ d:~~~s nc~w or hr~~•v~rer s•r,~u on ~,~d :and a~d on a~~ cq.,~p~-~ent and pe~son~!!y cc•e~rd by ~hia mw
ege, w~rh all pren:~u^:s ri~rieor. ~..+.d f~tt, t~re ~~:s:::a ~cr ~r, ine sra„~a~d yu ~cy iorn:, in s a.,m a~,;~~o~ed by the M;~k~"r":E, a~•d w~~~da+o
~nsuronce in rhe vwai s~anda•d ~•a,cy ~o•m, ~n a a.,m o;,;~ro.rd i.~ fhe MJRTGAGfE. wch CO~npdny o~ co•n, an~ea as tr~e MOKi:,:.GEE m
duecr and all fire a~~d w,ndswrm ~nsu•e~ce po:~c~rs a~ eny of sa•d b.~~~d ~ya, any inteee;t ;he~r~n or pan thr~eof. 1n the agg~rye~e s~~~ •toresa~d
in excess thrreof, shell :omain the uw~! sta :d~~d mx~~agee c+use or such oiher tiause as the Mortyagee mey req~.re, mek~ng the ~oas u»der +~~d po
nes, each and every. pa~:,be to a~~d MORTuAGEE ai ~ts ~mer~st nay e;:~,ra., and ra;h and e.ery wch p:.,,c~ s~~a'~I be prompt~y easgnrt] o~~d dr,~~ercd '
sny held by sa~d A10RIGAGiE es i~nh~r s_,_rity ~o sa~d ~ o•tga3r d_u! e:~d, nor ~FSS th~n ten t~0+ dais ad.o•~ce of :he e>F•+~e+~on o~ e~.h pu ~cy. to d~
I;ver t0 sa~d .'NORTGAGEE e~er.t,n-ol ihert~of, toge~t~e~ wdh e rrce•+t ro: tht premum Of such i:nt.~a,; a~~d ~hire a!.a:l be no 1~re u~ w~~~tlato•~n u•~iu~enc
placed on a~y of aa~d b~~~d~•~3s, a~~ ~ntrrea~ ihr~e.n or ~.a~~ ~hc-ra-of u~ss ~n rt~e form a•~d wnh ihe ~oss pa~oox as aiG'Eid~d, a~d m ~t~e r~rm e~y s~n
of money becomes paye4~e u~drr s~cn po!icy or pof~ues aaid MJR1G~'v;E sh=:! he~e rt~ oyt,on tu rcc.~,~~r ~~~d ap~: y f~~e sa~ne on eceoo~:~ of the u~dzc:t~-d
nras secur~ hrreby or ~o permn aa~d MORTGAGORS ~o ffCeNC a~;d ~se ii or any :,:,,e m=:~~~f ro~ o..: +~.u~; csts. .~r th ~7
~~g •ny equ~ty, i~rn w i~y~~~ undcr or by v~nue oi th~s mcrr~eyr; snd ~n ihe rvrne aa.d h1pRTGAGURS ahs!I for any reasun fai~ to leep nc~ so~d p~e~n~s:s so
~nsured, or fail to dr:wer pran~,!ly any of a~~d {~~~ci~s of ~r.su'ar,~~ to s~~d MORiGAvtE, or t„~ p~a~,;.tiy to pay f~.:y any p~e n tr,ECCfor o~ a~y
resprd faii to perlorm, d~schorge, e~eetufe, effr[t, ComN~r~e co•~~N~y w~rh and a5:de by th:s cov_•~a~T, o~ ar.y pert ~areof, se~d M;.RT;,:.GEf ~.:ay F~ece a o
pay fOt wCh in3urente or any ~,art thereof w,thout weiv~~~g or afiec~~ng any oyhon, fIFf1. QqJ•t). 0/ ~~y1~t u~~der Or b{ v~+tue o) th:s k~o:'gege, and tht
4~u amovnt of each and e.ery S~Ch pdymem sho~~ be ~~~~~ned~a~e~Y o~c ond pa~eb~e a~d she!1 bear ~nte:_s~ !~om ~he dote ihc~rof u~~+~i p.~d a~ ine rate o+
~~~e per cenru'n per annum ~nd to~rthr: v:~!h s~cn ~n'r~ _•sr ch~ , t,r s_:..•rd t~y tAe l~en of ih4 mO~tgage.
4_ To ptrmit, commit or s~ffer no waste, ~rt:paur~m or derr~~ur;'~on of sa~d property or any part thercof.
S. To pay all and singuiar the conts, the~ges and exc~e:~r•s. ~n:~~~d~~~~ a reasenable atro.ney's fee and ccsts of abstracts of t~Ne, ~r.cured or pa~d at
eny lime by sa~d MORTGAG~E, betause or ~n the event of ine i~.~ure on thz part of ttK seid MORiG:-GOR to duly, prompt~y and fu:iy f:rrform, d~scnarge
_,ec~te. effect, compiefe, comply w~+h and eb.de by each and eYe.y ~i~e at~r~.ar~ons, egrre•,,~-~ rs, cond~:~ons, and cu~enanrs of sa~d ,:rw*..sso~y no!e a~~d i1•.~
„orrgcge arty or e~~he~, and ~+d cosn, chaiges and ea~enscs. tach a~~d r~c•ry. shau F,e im:~~rd:ate:Y d~e ar~d payab e; whrfhe~ o~ no~ +he~e be no+~ce dr
~~.ond, attempt to cotfect or svit pend.ng; and !he full amo~m of ra:l, e~,o e~~e~y avch pa~mrnt s~~ai~ bea. ~ntEres~ from ihe date the.rof unrii pa~d a1 tt:e
o' n~r~e per crnt~m ~,er dn~wn, r~~d sa~d c~s+i, cr.a:3rs o~~o ~.:.e~ ses :nc~~rrd or pe~d, iogriher w~th wch ~nterest. ahall 1x secu~ed by the i~an of th~s
mo~tyage.
6. That fa) in the evem of any breacF. of th~s :lortgage or defa~!r on ihe part ef the MORTGAGOR, or ;b) ~n the evem any of sa d wms of money
he.ein ~efe~red to be not promH!1y and f~~iY pa+d w~rh~n tnaty :3v. d~;s n~,! a'r.-r the sa^~e srrera ly be:o^•e d~e and pa~o6'e, w~thout drmand or not~ce,
•;c3 ~he event eech and eveiy ~he st~pu: . o , agrerme.~ts. cor:d :;o~~s and covenants o} sa.d p~omnsory nofe and th~s mortgage e~y o~ e~~her are not
i.,'y, promptly and ful:y performed, dscha~g~~xewted. effec+rd, cornpleted, co~np;~ed v~r~th and a5~ded 5y. then in eaher a any such event ttx sa~d ag
y•egate sum mentioned in laid prom~sio~y ncte hc'n ~ernain~ng un~:a~d, w~th u~trrr;t ac:r~rd, and etl moneys setu~ed hereby, shelt brcwne d~r2 and pay-
e~:e forthwah, or tl~ereafrer, at the op!~cn ot s d MUR7GAG[E. as fu:~y a:d complr~eiy as if au of eh~ aa~d surna of money were or~g~na~ly s~~pu:aTrd
ro be pa.d on euch d:.y, anyth~ng in iad po,~•n:s~ury nore or in ~t,n Mr.rgege fo ~he conrrary notxiihsra~~d:ng: and the.rupo~ o~ the~eaffer ai ~he op+~on o(
s~,d MORiGAGEE, w~shout not~ce or demand,-S~d At law or ~n equ~ty, ihrrefore or therea:~er be~un, may be p~osrcuted as if all monert setured hertby
n,d mawred pnot to rts ~nstituLOn.
7. Thar in the e~ent that at the begi~mng of a at any n~-~e ;,end~~~g a~v su~t vpon th~s Mo~tgage, or to {oredose it, or to reform it, or to e~force
;.aymem af any daims he~eunder, aa~d MORiGAGEE sfiai~ ot-i~'. to ihe C~~..~f ha~~ng ~~r,sd.ct~on sherro! for the apNO~ntme~t of s Rece~ver, such Cw~t sha~{
~•thwith appu~nt a receiver o4 sa~d mori~agrd propert~ a~: ano ar~~u.ar, ;n;,;,~ ng a~i e~~d s~:~g„,a~ ~!~e er.come, pro(ns, ~ssves a..d rrverwea trorn whaterer
sa.nce denved: each a~d every of wh~ch, n t~e~ng e¦pressy ,.~:d~•:s~.•ud n ~e~_~~ mon~~ged as ~f spec f,caNy set fo+th and drscr~bed in the granting and
•~_~~endvm c~auses hereof, and such Rece~wer sha~i have aii the br:.od e•:c~ e!"c.•~~e 1~":'•o'~e and powe~s in enyw~se entr~srrd by a Cou.t to a Recr~.er, e~d
s ch appoinrmem shai~ be made by such Co-.:rt as an ad•~~:n~•d eG.:~. ~~:d o,-oner of a!sowte nghf to sa~d MORTGAGEE, a~d wr.t,o~t reference to the
a-!rqoacy or inadeqvacy of the va:ue of the prope~ty mo*tgagrd U: tp 5~ rr'Ky er ~r:;o :ency of sa~d MORTGAGOR or Ihe defenda~:ts, a~d that such
•_•~ts, prof~ts, incane, ~ssues and ~even;.es aha~I be app~~ed tr socn kecz~~+er occoro.r.g tv the ~ien w equity of u~d MORTGAGEE and tne pratate of wch
Court.
8. To du1y, prompr:y and fu:~y pe~fo~~~, d~v_~~a~ge, e,cecure, effecf. c:,~r,p;r!e, co~~~.l~ wnh and ab~de by e~cfi and every the st~pulations, a~reemertts,
ro:~drt~ons and co~enanu ~n se~d prom~sso•y .~o~e a~~d th.s r~orrga~e s_t !o+th
9. That in the eve~+t the owner5h:~; of thc ~:crt~eoed p~em,ses, or ar~y part tnereo?, becomes vested in a pery~n pther than the MORiGAGOR, the
:'~RTGAGEE, its wccessors a•:d ass~gns. m.dy, w::hout rc•~Ce to fh~ A•.O«'v~~2. dea: w~~h such wccessor or wccessa+ ~n ~nterrs~ v.~Th rele~ence to th~s
•r~gage and the debt herrby se:ured in the se^~e n:onr,c+ ai +.~th rJ,;~T3aao~ w.thout in ary way vit.ating O~ d~sthary~ng tF~e Mc~•gagors' liabil~~y he+t
.•.oer or ~pon tne debt he~eoy secu~ed. No sa e o' '~~e Fre•~ sFs h,•eb; mo~t4a3ed ard no forueare~ce on the pan o+ the 1:lORSvAvE~ or its s~ccessors
assigns and no exte~s~on uf rhe t~me for rhe payme~~t o~ r~e deb• n~re::~ sec~red g~vrn by the tApRTG<+GEE or its s~ccessor• or assgr.s, s~~aU ope:ate
o re+ease, dacha:ge, mod~fy change or affect fhe G'~.]:na~ l~o:,.;ry o! ~he I!•O~~vAGOR I~erem, e~sher in who~e o+ in part.
' 10. ft is sper.ficaliy ag~eed the~ rime is of tt~e rsie:~ce of th~s co•nracr and that no waiver oi any ob'~gat~on hercunder w of the ob'igation sr
` cored hereby sha1: at any ti~~e ~ne~oaitec be he:d to be: a.,o~.er of fhe te~.~~s hereof or of the ir~srwmeni secured he~by.
k I 1. In Ntid.T:o~ ~e ihe foreac ~g n.c,n+i,'r :;a~~~ :~•s c` E,., and r.•..res• requ~red by il~e prom sscry no'e x~c~~ed hereb/. morr~~yor co~enants
~ ,-,d ag~ees fo pay ~o mo-rg~,~c•_ o.:rF, c•ach ~r.~r~•h y r.;,~ e•~f a. odr.~~:;~:;~ s.,•.. _s• ~ ate~ bt ~:o•tgagee to be eq~a~ ro 1 l~ oi ihe e,~:~.,al cosi of the foiiow-
't , ~
~ A-Ait rEat F•p~pr~f taxes Ie:~c~ o+ ass~s:~•d ay:fr'i: ?nc ai~o.e d=_.s,•!~,•d reei rs!ate
Y B~-PrCrt ~~,,•ns on fre a.~d K•~'~O:torm ins~'ar.ce as ner„~n req~,red to be car~~..~d o-~ ~he :~-+,;rovements s:t~ate on the abovc d_sv~bed prem~ses.
:
y C-Premwr:s o~ wch r~o•~g;;ne gua~anty msura~.,e as mo•sga~ee st~all 4r;;^, r rne ~o t~~ne deem fit to cany on the loan s^wred hereby.
_ Mo~tgagee sh~'~ `•cm f~•*.e ro t~~:e no+~f~ rnc•ry,gc• ~n r~'~t,r.y o~ th~ o.~f d~e and payab!e he~eundr. and s~ch su~: shai! 'hereupon be d~e and
.-~able on Thr d~e da+e of t!,e rnc•~th , pay~~~^r a:,d c~c~~ x,:cc•ssive ^o~~?h "~t~Eat1,•' u.'L' mClt~d~f! sha!I nos~fy mortaooor of a cFan~e en such
: _wnt Such s~ms s+o.t ~•e ep;.~ed ~y mo~tgagee ~o~.a•d ri~e Fe~~~r^! ot rr~, ~ro;:e.r~ taaes, insu%ance p~em.ums. and mortgege g~arenty i~wronce
, 'f~T1UR1S.
RJ Y11TNE5S 'l1HERcOF, the sa~d /+kORTGAGOP, has hereu~~o se+ his ~a:.d and seei the oay and year first sioresaid.
~ ~
:3 S~ e ~iver in the p~esence of:
~ _ / (Seal)
~ fc~ R 1r.t-Z~
l5eel~
_ (Sea~)
=f
{Sea!)
~
i~ ATE OF FLORIDA ~ ;
~ ~~UNTY Of ~t. ~-~3C1 E? ~
~ ~ ~
k
Befo~e me personally appear~ _ AZZ.IIUL CfleSteZ ~ID2ttl ;
She i 1%~ $ID1 ;}'1 h~s wiie, to me well known and krro,~vn to me to be ~
;;i • i
tne indn~duals descr~bed in and who exec~ted the fwegomg instrument, and acknowtedged ?xfore me that they exetuted the same for the purposes !
:hei`, ? 53ith
rherein expreastd. And the said_ _
' r;;te o~ the said _~lrthar Chester ~LiL}] , upon a separote and p~~wte
~;a s,am~nation by me taien sepa.ate and apan from F~er sa~d h~aband, eck~owiedged to and before me that she executed said instrument freeiy and voiun-
~a•~iy ar~d w~thovt any tom~vision, cortstraint, apprehenf~q~,or fear of a fro.n her said husband.
L'ec e:~bnr
- WITNESS my hand and official seal this_ day of_ A. D. 19-~_ ~
t
- i
Nofary Pub1' n•nd 1or the ate of f~o.ida ~t l~r ~
My Gomm~ on ea ires:
v . L~ /9 70
_ RNum To:
F~r:t Fedenl Sa~~n s 6 loan Assoc~at~on MOTARV PUBlIC STATE OF F10RIDA AT l.Aiti~
- Oi ~ gt P.c~cr ~ , " " ~~RAL~INSURANCE UNDERIYRITERB~ I~IC~
Furt Diercr. F:on~e
ftLEL ~x9 RECOROfO
' ~ ST. WCIE COUNTY FIA.
RGGER POITRAS ~
This InstrumeM Prepared By '%~m. E. iir ~:ut: CLERR Ctr~CUIT C4URT
- First Federal Sav~ngs & loan Association , REc,OkD VERiFIEO
i of Fart P~erce, F:^riC:, . oEC ~O 2 49 PM
,
Checked B .(1- ' ' 2~r1J~3
- Y so
x1y7 PACE26 ~
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