HomeMy WebLinkAbout0380 3. To a~ace >^d ion,~n„u.s~y Aeep o~i !ne L.. ..r,_~S .•a or r.~::,~~~. c~ sa~d ~a~d a~d on at; eq,;p:z~e~~t a~d pe.sena~~y covered by th~c ma
agc. h th a!1 pve^:<ums •nereon ,ad :n f~:c, f.ro ~nS~~d~.c ~it fhC _S.,d: 5•.::•.je!.j ~~u~.v 4or:n, in a s~,n aFpzo~ed b~ the MOR~ti>AGEE. and w~~;dsto
.ns~rance in the w~jl S~andard pol~cy to~m, ~n a s~m a~~~.rp,ed t~y rt~r At,jRTGAGEE, i~ tuch company Cr cJ~r.pan.es as iiee 110RivAvEE n+
d~recl; •nd all ti.e ar.~ w:r,dsterm u:s~rancr po:rc,cs on an{ of sa~d b~,id ngs. eny interest therein o+ part the:eul, in 1he agg+:•gaee wm atoresaid
in eacess the,eof, sheU ;onfa;n the us~at s~a:•.; ;~d mo~~g.+gee ae~~se or s~;h e:her c euse as the Mo~tgagee may reqv~re, mal~ng fhe ~oss un.~rr s.nd po
c~es, each and evzry, pa~.;5'e to sa~d 110RTG4GEE as ~ts ~m.~r:st rnay a~ ~:aa~. .+•~d each drd lvC~p s~~th p~.,cy st~ai; be prO~r}N~Y ass g~~ed a~~d de:~vered ~
any he(d by ~a~d htJRiG.4GEf as furthcr securrty to sa.d orr3oyr d~bt, n.:o, np! :eu ~han tcn ~10i days in a~f.a~,ce of ihz es~~cat~:n o~ ~ath po~~ty, to d.
,~~er ~o sa~d A10RTGAGEE a rrni..a; tt;ereJf, t~~e'hCt v.:~h a:ece:pt ta ~h_ p.~•:.:.,,m o{ wch renewa;; and ih~:e s!~a:l be no i•ro o. .~~<,os~o•~n ins~ranc
piMed on any of sa~d b~i'd~•~gs. any 1iltE.•ES1 th<:e,n o~ pa~r tti~ r~of .'~>s rhe fcr~n a^d w~rh rhe ,css pa~~i; e as a'c:•essid; a^d ~n t~e e~em any s~~
of money beco^,es payab'e vnder s~ch po;~cy or po::c~e: sa,d MJRT;,;,~,:~ he.•e 'hr op'on fo ~ro:~~c s~~d apr'y ti~e sa~~,e on acco:,v ol the h~dac~~~d
neu sec~.ed he:eby or tu permrt sa'd MORiGAGORS to rcc. ~.e a id 4se it or ; iy n: ~r »,;r oof e,.r ~s~ s _t i~, ,3 -•~p..+•
~n~ any equ~ty, t~=n or nght u~der a by v'vrve o1 th;s n~orrg~ge; and ~n ~he e.ent sa d At~w'TVAGpRS`sh.i:l `or any r~ason fai! to kcrp fF.c sa~d pr~m»es so ~
•~sured, or fa~l to dr:~ve~ promptiy any of sa~d Fwi,c~rs et r,su•a .ce to s~ i A'~OkiG:.vtE, or r,u'. p;on,p~~y to pay tu,:y any pce:~:w~n fherefe~ o~ in a~y
, ~.4.,... .+.«w~.,a .o .if..~~ «,mat..er_ cu,:niv v~~~h and a~+~de br th~s covenarv, or any ~;3r~ horroi, s.a~d MGRivAG_E may p:ace a~o
pay fo~ suth~ins~rance or any pdrt tfitreuf v~ithout waiv~ng or aitedu;g any opt o;~, ~~en, eGu~ty, ot n~ht undcr or by vutue ot in~s n~.v~tyoyc, o~~u ~Lc
4~1i amount of each and e.eiy auch pa~rnrm shoil be ~m,ned:;fc'y ~~~e a~,d ~yab'e aed a!~a,i bear imerrst f~om tha date th,:r~oF u~~r~t pa~d aT fhe ~ate o1 }
s
~:e prr cenr,;m Fe~ anr,~:r „~d ro~.~t::r .~:~h such ~~,•~~-~sr sh~,:, :•r a~~...~..~ b> the l~en o1 this mortgage.
1. To permil, commit or sutfer rto waste, irt+pairment or tlct@71J~u~iOtl ot sa~d p!operty o? any pa~t thereof.
5. To pay aii and s:~~!er she costa, cha.grs ar~ eaf~-• srs, c-.'.,;i:~,;; a rc_sc^nb!e a!rYr^pp's ~ee T~d r~va of ahst.acls of title, incurred or pa~d at
>ny t~~ne by sa~d NtCRTGAv:E, because or i~ the cvent of ;h~ fa .u~e on ~he pzrt of ihe s;~d A~tORTGaGOR to d~iy, prontpriy and f~tly pe~6am, d.sch+rge
e~ec~te, lffe[t, tomp;ere, comply w~th a~~d ab de by ea;h and e.ery ~h~ st~E ~;a: ons, a~ree•nenis, tond~t~ons, and covena~~ts of sa~d p~o~>>~ssory note and ih~s
~•o~~gage any or enher, and sa d costs, c~a~ges and exEensea, ea.~ ar~ e.ery, shal! be ~rin,rd~ateiy due and payaWr; whrther or not rhere be not,:e dr
c~and, attempt fo co:iect or suit ~ndng; and rhe t~l: amo~nt oi eacA a~~d e:rry s~ch pa;ment st,aEi bea~ in~erest 4ro~r, the date thereof ~~vil paid at tE:e
o' n~ne per cen:.,m ~kr an:~ch: rn~ ai sa~d ccsfs, ci:ar3zs e..:i c.: scs nc,, red or pa~d. ~oyrther ~v.th such ~nterest, shall be secured by thr lirn of th~i
mortgage.
r.
6. That (a) in thr evem of any breach of th~s Mongage ur de%au~t an rhe p;rr cf rhe ,V!ORTGAGOR, a(b) ;n the evero ary e} sa d sum= of mo~ey
~~~rein referrrd to be not prcmp7iy and tu~Jy pa;d w~th-~n tn,rs~ ~3.;~ du,s nc.~ o•r•_~ ~:~e s~~~,e sc~.era~~~y beco:•:r ~~e and paya~!e, whhouf demand or norice.
~;c) in the e~ent each and every fhe st~pu:at~ons, sgreemri,rs :o-.da~~~s and co~e~:anrs of 53 C~ ~~O'~1iSSG~y nose and th•s mortgage any or drlrer a~e not
a,+y, p•ompily a~d fu~iy ~rformed, d schar~ ~d exewted effe;+rd co:nr:et~d, co^:~: ed v.:th and ab~de-d ~v. ~hen ~n e:ther or any a~ch event the sa~d ag
~ e~ate sum menri~n~ in sa~d pro:r~ssory ncte then remain~r:g ~;1~~,~~~ .~„tn ~n~e:r,i a,u.:rd, a:~d a.~ inonr~~s ;ecured he~eby, sha~i become due and pay-
ac r forthwith, or rhereafre~, at ~he op~~cn ~f sa~d A'ORIG.~GcE. as f,~,+y ;~,d ,omrie;c~y as ~f ati of sa~d sums of money ~nere o:~g:na~ly snpu:ated
r Ge pa:d on such dzy, a~yth~ng en sa d pre~.ssory note or t~ thii ?.to~tg;:3c- to the co~~vary net.,,~!hstand ~g; and there~pon or thereafter at the opt~o~ of
~ mORTGAGfE, w~nc~ut nor~~e or ~~;;,a:,d, s;;~f zt :a:.• er ir. eq~~ty, ther~~fcre o. ~h.~.rat,r. bc•gun. ~,ay be orosecutc~d as if all moneys setured hereby
r. d matured pnor to ~ts ~nsfitut~on.
7. That in tF~e e.ent rhaf ar the beg~nn.ng ef or at any T;n-;e per.~. ,g a~y su't upc~ th;s Mo•tgage, or to faecbse w, or to reform it, or to enforce
.~.me~t of any c':3ims hzreunder, sa~d hlJRTG~.GEE sho;: 3F p'~ to th~• Ce~-~ h3.-~~~g ,~~,<d.cr.on thereo! for ~he an~.ntment of a Receivzr, s~:h Co~rt shail
:,-rhwith appo~nt a rece~ver of sa+d mo~ryoged p!ope~ty t:~ and s,^~::a~, ir.: ,~d g a,~ and s~~~y~••ar i•~e ~ncen,e, pr~f~ts, ias.,es and revenves lrom whatever
s,•:•ce derived, each and eve-y of Nh ch, ~f tx-,ng e,press'y ~noc~~~cc,i ~s *e: _v; n o•rgaa_d as ~1 spec 1~ca:ly set forth and dcxr~bed in the granf~ng a~d
~~endum dauses her<of, and wch Rece~.er sha:~ have a,: tne b•;.ad a e~rrer..e r,,~;r,cns a~d po.yers m anyN•~se emrusted by a Co~~t to a Recr~~•er, and
s, :h appointme~~r shai: be rcade by such Co;,~t as an ad ~~ir~d eG.,:r~ a•. ai;~~r ef etso.ure rght to sa~d MORTGAGEE, a~~ whficut reference to the
-:eq.,acy or ~nadequacy oi the va:ue of rhe prope~}y mo~rqa3ed cr r, rn~ 3_.~„c> e: ~nso.enc~ of sa:d MCR~GAGQR w the deie~:dants, and rha~ svch
c ~rs. prof~rs, inco.ne, fssues and revenues sha:! be ap;;:~eci by such Rec_..e~ ac:~ra n~ to ~he tien or eq:,ity of sa~d MQRTGAGEE and 1ht pract~ce of such
:.~~rt.
8. To du'y, prorsnpt:y a~d 1uL•y pe~'o••r, u:s:harqe, exec~te. Qf'c;f. cc np,e~r, c~~~~,ply N;rh and a5~de by ea~h and every the st~putations, agreements,
_:~d~tions and covenants ~n sa~d prom~ssu-y ne~e and m.s m~rtg3ye s.~ tarrh ,
9. That en the event rhe ov.nersh;p of the mortgaged pre~•~s_~s o~ a:.~ parr tncr~e,`. bccomes vested in a pe~son o~her than the MORTGAC,OR, the
:'JRT(',AGEE, ~rs wccessors and ass:gr,s may, .~:!hou! r.~~:ce to ~!~e '.",O^niG%-C~.R, dea: a~;n such successor or wccessor ;n ~nteresi w~th refe~ence to this
o~i9age and the d~bt herzby sewrad in tne sam= r.;a•iner as wrh .'_r,g3gor „~,+h;;ut in any ~vay vir;eting or d:scharg~n~ the tdortgagori liabitity hert
~ d,~• ti^.~~,~ ~P<,,.~.~! N~ sa e of ihP . rF,r:,ses h_:eo,; ~::c~tcaoed ard ne forbearance on the part oi the ?AORTGAGEE ar its successors
zss~gns and no euer.s~o~ of the r,m~ ior th~ pzymeM oi t^e deb~ h-~c•hy sec.:~ed g~ven by the l.1pRiGaGfE er its successws or ass:gns, a~~at~ operate
c re~ease, d~scharge, mod~!y cha~ge or af;ect fhe or~g,nai ;~a:,';.~y ot ihe h'.C6TGAGOR here~n, eishe~ in whole or in part.
1Q. It is speafrca~~y ag~eed that r;~~e is of tFe esse•~:e cf i~,:s ca~:+racs a~d that no waiver of any ob'~gat~o~ hereunder or of the obtigation se-
. red hereby sha:~ at any time sherearter be h_ d to be a v.e~.er cf tna te:r..s herecf or oi the insrrument secured herby.
11. ;n a;id re-~ •o rhe foreqc -rc ~iy pa.•:n_nrs of .-.c ~r~d . s re~u ~ed 6y the prom sscry n„•e secured he-eb„ mortgagor eovenants
a a~rees ro Nay to cto-tyagec ,,.ah eei.~ r.,n,~h y~;s.~ enr dn'c.S~~ ~.ld: 5~,, CS'•" oTiC~ V~ r.,o~!gagee to be equai to i, 12 ot ihe ann~a! cost of the foliow-
A-Af; rcal property taa~s tev,e~ or asseu=d ag~~•~ss thc aoy:e d~scr~b:d real es'ate.
6- Fe•- ~^s on f~re and ,ti~::~s•~ ~n ;ns:;,-a~ ce as +~erc n r,-~. r_y ;o he c_~•~. ~ c~ !he .r^rrpve^.ie~.•S s'r~~te on thr above d_scr;bed p~em~ses_
C-P~e-.:u;-,s o~ s~ch mo-?~>ge gva~s-,ty ~rs~~a: ;e ~s n,c•tqa_ee s~~a.; ~,Q r~ t!~ne deem (~t to carry on the ioan sewred hereby.
Mortgagee s':~'~ ~c:~r, T:~z so t:^~e ncs'i ;'~'ty~_-' +•~.'.^g oi t~,e ar-~_~* d,e and p;~ab~e hereundrr and such s~T shall thc>reupon be due nnd
..abie on the d~e d~~e oi ihe neKr ~•,ooe'r..; parTe:~t a~~d ex~ s~cccsvve n.c^*h ri:e-eaf~er ~rri; mertgagee shall not:fy mortqagor of a thange en such
~.~~t. Such su:~s s~o i be ar, ;ed b~ mortgag~~e ro..a*d ~he F:3y~~.e^t ef reai properry taaes. insura~ce prem.ums, and mortgage guaranty insurance
. '~-niums.
IN \•~ITriESS .•:H:RiOF. the sa~d h40RTG:.GCR has hereu~to set his ha~ d and seaf the day and year first aforesa~d.
'ivered in fhe presence of:
FTLLUGiz GOUNTr FIA. `
sI)
ROCEF rOti'fRAS l = tSeaq
CLfRK Ci ~.CiJIT COURT~`
RECOAD tiEfi~F{ED.~..~e~ (SeaO
Almena Golden csean
:TATE OF FLORIDA ~C ~ ~O O7 (~r~ ~
~JU'~tTY Of $ . l1C ° ~ ~N~.1 I
t ~
Before me personatty appeared ~harlie Go1dAn a~
~na ~iOld°n his wife, to rv~e well known and known to me to be
'he indrviduais described in and who executed the forego~ng instrumeM, and acknowtedged beFore me that they e:ecuted the sa:n~ for the puraoses
~ n ~
rherein expressed. And the sa~d_ A1Fi~':~le t181dGii
fe of the said _ ~}'i8i'Zle JOZ~QTi upon a separate and private
e=em:nat~or, by n. e taten sepa•ate and apan from her sa~d husband ackn~,N;ed~ed +o and before me that she executed said instrumens freefy and voluo-
~ar,~y and w~tho~t any cocnp~is~on, constraint, apprehens.oq,pr iear of or from her said husband.
1M1'lTNESS my hand and offida' seal th~s_.~_~~~` Y Decamber A. D. 19
_ da ef 7~
Notary Pub~~c and for the tate of Fbrids at IA;,Qe
Re!ur~ To: My Comm~s expires: d/9 7 S
Firat Federal Savings 6 loan Asso;~~t:o, ~'''~y=- N^TARY PUBLIC STAT'~ AF F~ ^QtOA AT L.A~
p: cy.• ~ E,~~ . Mv ~-n~~PJtISS10N EXPlFrS 1~'~ : 6. 1~
Fo.t P~erce, F:~ri;~~ ':~;,~fNERAL INSURANCE UNDERWRITERS,1
This Mstrument Prepared By J. D. ~hastain ~ -
First Federa~ Savings 8 loan Association •
of Fcrt Pierce~ :~'2orida - •
~fl°CkeC~ ByF~ ~ F•~~~ ~'`~'s` "
, i..
,I ..xlf~1.141 ,f~~ ~
e raGE ,
V i98 ~80
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