HomeMy WebLinkAbout1264 3. To p:aca and cont~nuovsly keep on the L~~ ~1~~~gs n:~w or he:~ ~i;er a+~.+te on so d ~and and on ali eqv~pment and persona~ly ~o+errd b; ih~s mor
e9e, with al: pren;~u~nf lhereon p~ d in fu;;, f~rr ~~~so;o ~cr ,n tl~_ ~s.:,~ sr,: d,~d +w ,ty fwm, in d w~» aHpro~~d bi thr M•JR~...%.'vct. ~~~~:i o.~ndsto
~nwrance in the usual srr,da~d Fo:.cy fo~~n, in a w~n arr:~o.~~d t,y ihr h1JRTGAGEE, in such company or co:~~pa~~es as ihe ::•OR~GtiGEE m }
d~recl; and all (i~e and w~~~storm i~iu~anca po.~c~rs c•~ any of s~~d b~iid.ngs, any inte~eet there~n o~ pa~t th~reof, in the agg:~~.+fr s.:,T a:o~es~id
~n eacess ~he~eof, shall conta;n ~he ~w.:l sra:.d;rd ~no~rgagee c.~use or s~:h o~her c~.+~se as the Mo<<yayee may req.,.re, ~*~aA~ng rt~a :oss ~~~d~~r s~~d po
c~es, eath and eve~y. payab'e ro sa~d AIJRTGALEE as ~ts inirr~st n:ay a~,N~•ar, a~~d each and every suth po~~cy shall be ~>romptly ass g•~rd a~~d dc:~.~•rcd :
any held by sa~d 6lORiGAGEE as fw~har secw~ty ~o sa~d r+'u:ty~ga d_e,t, a:~J, nor :ess than ten l10) d3ys in 3C~.JnCC of the exFu„non oi ~och Fo!~cy, ~o d~
I~ver to sa~d M~RTGAGEE a renewal the~rof, ~oge~her wnh a~rc~,pt ior ~h, pre~,,;um ol such r~:~cJVa; a~~d ~here sha:1 ba r.e f.re c~• ~s~,~~~~ ~nw~anc
p!aeed on any oi sad b~~~~d~~~gs, any ~~~terest tharr;n or parc ~t:~~~~•of, ~•:'~ss ~n ~hr for~n arid w~'h the ~css payeb:e as aforesU~d; ~nd t1~e ~:en? any s~n
of money becOmes payat~le vndrr such po!icy or poi~cies sa~d h!t~~ivAv:E a~~all have Thr opt.on to ~ro_~.e :,nd opF~!y tna sa~ne on a;~ou~t of the ~nda~trcl
neas secwed hereby or ro per«ut en~d MORTGAGORS to recr~YC a~~d vse rt o* .,ny rr ii~ ~ ~~~4 For o:~~•- r~.ur~ os~•s, -~t t!~ 'J
ing any equ~ty, lien or right undrr o~ by virtve ot this n:cr•ya9r: ar,d ~n tha ev~~nt sa d MOR~GAGORS sha!I `or any rcason fail 1o kcep ~he sa~d prem~s,s so
~nsvred, or fail to de~~ver pro:ny,tly aml uf sa~d po~,c;~~s oi ins..~~~:ce to s+.d PdORiGAi,tE, or t,;:~ pron~Ht~y to pay fu::y a~y p~e +.•~•n ti~ere4or or in a•~y
.espect fai! to perform, d~scharge, eaecutr, efieU, co:np rta, co :,pl~ ~~~~h and a'_~+de by th:s covan~rli, or any p~rt harroi, s.+~d I':,GRS:,%.vEE p~ac° a o
nav for such insurance or any parf lheceof w~thout waivu~g or aff_U.ng any o~t~on, iirn, equ~ty, or r~~ht under o~ by ~~~tue of th~s A!e~tyegz, dr.d thc
tv~t amounl of each and e~ery s~th papn:~•nt shall be in,mrd~ate~~ dc.e and ~ya~:e ana sr,au bear ~n~er~-s~ i~um ~iw uoir ~~~~~w~ r,.:~ _
~,ne per ceni~m prr annv:n and to3~•ti~~•r w~~h sucn inte::sT sh,~: s~c.,~~~1 by the Gen o! this mortgage.
4. To pe~mit, tommit w suffer no waste, impairmrnt or det~~nor,non of sa~d prope~ty or any pa~t thcreof.
S. To pay all and singular the cosrs, chargzs ard expe~srs. ~r.c;.~d~~~9 a.casonable attorney's fee and costs oF abstrads of title, incurred or paid at
~r,y ti~rr by sald A1pRTGAG`_E, because e{ in the eve!+t oE ihe f.~.!urr on ri:e cart of thr sa~d MORTGAGQR to duly, pro~~~ptly and fu:~y pa~iorm, d~scharge
e~ecute, effeU, tanplete, compty w~th and aode by eacn and rY~!y thi~ 51~p~latOnl, ayrren~cntS, condinons, and cove:~ar.rs oi sa~d Fro~+~s>o~y note s~~d ch,~
~~,o~rgage any or e~th¢r, and sa.d cos!s, charges and eapens~•s. ~~ach and r:er~. shel{ be immrd~dlrlY due and payaL:e; ~nhethe~ or not thr~e be nof~ce da
n:and, atie~~,pt ro co~iect or suit pe~~d.ng; o~d ~he foi! a~~~um ei e.+ch a~d c.~°~~ svch paymen~ shali bea~ mrcres~ from ihe daee thr•rof ~n~il pa~d at N.e
r o; n~ne pe. cenrun~ ~.~~r o,~:~,: ,:ne: au s~:d e~srs. cr,~:~es a:i ~rs ,nc~~rrd or pa~d, rogrther .v,th such ~roerrst, shatl be srcured by the i~rn of tha
mortgage.
b. That (a) in the eve~t o4 any breach of th~s Matgaga or de:~.,:~ on ih° part of she MO~TGAGOR, or ;b) in the event any of sa;d sums of money
hrre~n refrned to be not pro~~~p1ly and fu~iv Fa~d w~th~n tt~.~ty ~3.i; ~~ts nr..e rr_•~ tne sa~~~e se:e~a'ty eeco~ne dve and payab!e, wi~hoo~ demand or nonca,
^r (c) in ihr event each and every the sLpu:ations, a3reemen~s. co~:d.r~o•~s and covenan~s o1 sa d promissory n~te ar~d th~s mortgage any o~ eithrr are no!
iu,y, promptly and fuf;y peifor.ned, d.scharg•~d. etecuted. e;fecred. co nNlered, co~•~p:,ed w~rh and a6~ded `~y, then ~n e+~her or any such event the sa~d ag
a~~are sum m.ent~oned in sa~d pro~n~siory• n:;re rh•_n ~e~~~a:f:~:,g w F:a~d. .,~rn ~~~i~•r~•.~ ac:rued, and a~i moneys sec~red hereby, shatl beco~ne d~e and pa~-
ac:e lorth.vith, or th«reafter, at the opho~ of s~~d h1O21Gr.G~~ ~s fo:~y and comp:etc!y as if al~ of thr sa~d sums of money wr_re ong~:ia:ly shp~;ated
r~~ be pa.d on wch dcy, anyth~ng in sa.d p~o:n•ssory not~ or ~n th,s h',ort3eye to ihe coneraiy not~.;ih:tand;~~g; and thereu~wn or the:ealter at ~he opt~on of
s~.d MORTGAGEE, v.~rhout no~~ce or demand, su~t at law o~ m a;quny, tncreEcre or thereaher begun, may be prosecuted as if all moneya secured hereby
r,: d mawred pr~or to ~ts insnt~t~on.
7. That in the event ~hat ar the beg~nn~ng of cr a~ any ~n-,e pend:~~9 a~y su~r u~on th~s Mortgage, or to faedose it, or to reform it, or to enforce
na~menf of any c:airns he~eundcr, said AtiORTGAGEE sha.; apy'; t~ ~he Cow~ ha~:~~-y iur:sd.c~.on rF::rco1 lor the appo~nt~„e~r of a Rece~~:er, w:h Covri sha:I
i-~,thwith appo~at e receirer of said inort~eged F.roprrty e!: a.~d a:~~y~~:ar, ~.~~.va •~y ~J s:•,g~~e~ ihe ~r.come, prohis. ~ssvea and revr~:vea iro~n wh~~ever
e. urce deriwed. aach and every oF wf~.ch, be,~,g exNr,ss ~ ~nd:~sr.,~d n~e~~:.:; n,o~~~~grd as ~f apec:f~ca!!y set forrh and drscnbrd in ihr g~ans.n~ and
F~~end~m clauses hereoi, and wch Recz~~er sho~. ha.c alt tn_• b:, .:ci ::f ~r~rc•..~• f~•-c~ ons ~+~d po..e~s in anyw~se entruated by a Ce.;+t to a Re:~~~er, a•:d
s ch appoiniment sha:l be made by such Co~rt as an ad ~~itt;d : u_:', ,+nd ~ r a~ttr oi ef:SJwtC r~ght to sa~d MORTGAGEE, a~~d ~n:thcul refcrence to tne
acieq~;Cy or inadequar; of tF.e val~e of the prcperty mo•rg;getl or t; t~,e s~ ~_~~~c~ or ~nsc..~~ncy of sa~d MORIGAGOR O~ fhe dete~~cid~~ts, a.^•d that suth
~,~:ts, profits, inco~ne, iss~es and rever.~es shai! be ap;;~~ed by suct, Rec.:~.er ac.oru ng ~o the :irn or equ~ty oi sa~d MORTGAGEE ar,d the pract,ce of such
Covrt.
B. To du!y, p~omptly and f~Vy pe~`o~m, d~s:harge, execu+e, eke.f, co•~.r:rre, con,p;y wlth and abide by each ard every the stipulations, agreements,
cor.d;tions and covenanrs ~n sa~ti prom~sso•y note aed ti~ s rn~r~g3~: s~i iorth -
9. That in the evem the ovmersh~p of rne rnort~aged prert,~srs. or a•~y ~>art th.;recf, becomes vested in a penon other Ihan the A1t'~RTGAGOR, the
~RTGAGEE, ~ts wct~•sso~s and asslgns, may, wirhout nohc^ 1o the .\',ORfv%.OR, deal ~rth wch svccessor or suttessor in inte:est w~th re4erence to this'
~..or~gaye and the drot hereby se.u~ed in the same rtiannc~f as w~~h l.tv~~3dj.' N'•1~:OUl in any way vit:ating or d~scha~g~ng the RSortgagors' tiabif~ty hEre-
~^der or upon the de~t hereb~ secured. ~1o sa:e of the F•@~''S••5 h~•reb; ~:~,•tg~ged a:~d no forbearonce on Ihe pa~t of ~ne /.1pR7GAGEf or its succeuon
, or asvqns and no extens~on of the nn;e for the payn~ent of ti:e ci•_•b! h•~~~:~, srwrrd g:vrn by the MORTGAGEE or its suctessors or ass~gns, af~ail ope~ate
!o re~eoie, d,scharge, modify change or atfect the o~~g~~~~~i t;au::ty ot the A'.UhtC,AI,UK here~n, erther m wno~e cr ~n part.
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10. It is spec:ficall~ zgreed that t~me n of the essence of th:s contrac~ and that no warver of any obl:gat~on hereunder w of the ob!igation se-
~ cured hereby shalt at any time ~hereafrer be t:c:d to be a wa~:er ot ~he tern,s hereof or of the instrument arcured he~hy.
S ~E
~ 11. In aod.tia~ fo the iurc ,c : ~ o;try , r,n s o ~ 3~ and = re:~u.:rd 'oy rhe prom sswy no'e s_.~red hrr~~;, mcrr~,~or covenants
~ d ayrees ro ;,ay ro e~orrg,+yee wr:h rs~h ~:~o~~ n y r,,, c. r ar, ..c:~. .ona: s.~~t~ _.s••^ ored b~ mortgagee to be eq~al to 1, 12 of il~e an,waV cost of the fo~ion~-
~ 3. A-A!I real Faoperty taxes le,~~a o• ass~as_.i ~g,~ :s! f:,._ a~:~,~• d~:s:~:'_•-d r:,; es±a~e.
g B Pr.~~r•~u~~*s on f~re and v~lndsto~•~i :nsvrarce as ner._•:n r c~ red to be carr~~ d o~ the :m;:rovemc~ts s:tuatr on ihe above dsscr.txd p:cm~ses. ~
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. C-Prt'~n~;unS o~~ such mortg:,ge g~aranty irsura~.ce as me•t~ agee sha~„ !rc•~~ t~-~e to t~.ne deem fit to earry on the loan seiured hereby.
~ Mortgagee she'! !rcm n~,~e ro t:;•,e notlf~ rr.ert~;~~~r ~n w~l~.~~g of rh~ a~: o_ .t d~° and payabte hereu~dar and such su•n sh.~~t t%.er~uFOn be d~e and
~ ,,yable on the due c~•r oi rh= n~r.t ~~',ontn:~ p.~yn ~-~1 a•~d e.:ch sccc~~ss~~e ~ o;th ~he~rsit_r uctii mcrtgagee shall not;fy mOrtga,3or o1 a char:ge in such
,~~~wnt. Such su:ns ~F e.~ be oN{~~.~rd by mortyeg~re tu.ya•d the t:e~+r'~en' of r:r.~~ prc,perty taxes. ~~~wrance prem.v:ns, 3~.~d mort3age uara~Vy ~ns~rarce
~ . emiumS-
i~ IN l'~ITNESS :'r!-IEREOF the sa~ MORTGAGG~ t as hereu~~to set his h.+r:d and s~~al the day and ye ~af
~ S' aled a d'iver th preaence of: F~LEO Ah0 kECORDEC~ ,
`~"d ST. LUC1~ CCJMTI' FLA. f , r~ (~al)
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-r- R4Si • . :iTpAS
~ ' :~ess• - ' ~ CLEF~ i :,:JIT COURT( E. Ea,Il K1Cllt _(~a1)
. . oc•'~-i`~ t' = "l~T -(Scal)
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~ ness•• 1 DEC ~Q ~ 22 PH ~ 1 ~?e t W. Ki liter ~seaq
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S1ATE OF FLORIDA
~ ~ 2~1312
_our~iv oF - - - -~t _ Luc ie ~ ti
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~
~ Before me persona!fy appeared _-____E. _ ~arl K1Clltet :
:'~3 tp me we~~ known and knoWtl w rr! f0 6!_ , ~
~ rhe ind~viduel~described in and who executed the forego~ng instrvment, and ackrow+edged befwe me 1hat~iieheR executed the s~me 4or th4•'pu/pous', _
~F rherein expressed. 7t~i~C~UC107mCY~~Xy~------------
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~V7~t°~l~7ycy'll+fQf~[*y~70[7c~7~OD~tD[~~CSOC ' ~ ' ;
~y' A1~WF/Y/~I1?J~JYI~WIYw ~ ' . . 'yV ~ ^ f
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Y~ITNESS my hand and oflic:al seal th~s_ _ - day of_ _ fl••~9--+~.~'~ ~ `
_ ~ • ~r,-`• ~ ~ ~
S~ATE OF FLORIDA 1 - - - -
~ ~ Notary P~blic in d for the ~tate of Florida et larpe
Broward M~ C~m..,~ss~on exoires:
>i COUNTY OF - ~ Q' r'''~) ;
Before me personat;y appeared BQitLI K'1 ~{1Ci1t.eZ _ ~
--~~p~to me well known and.lv~own to rrie to b!
thr indwidua~~ desv~ted in and who eaecutcd the foregoing ins~:ument, and acknowr~edged before me that~/hey exec~ted thQ ~am~for the purposd ~
:
Bett 4~ ICicliter
therei~ expressed. And the sa~d _ _ _ .Y_ ~ ~
- - - - - -
+vife of the said - _ E~ -E811 K1CIlt@Z - upon a separate end privat~ '
e.am~nat:on by me ta:en separate and aparT trom her sa~d husband, aclnoniedged to and befere me that she eaecuted said iris7rumeN frrsiy and volun- i
rar~~y and wnho~t any co.r~Nui.~on, cur,atraint, applreh1ens,on,~or fe~~ of or from her said husbaed. '
WITNESS my hand and olfcial seal th~s S]C_?. day ef ___~C~'01be A, D. f9' 71
NOTARY P11^• ,r ~T..T•- ~.r no~nq J~T l ARt`,~g ' ~
MY rr.. _ F=Ff~ 19?5 - - - .
~ry~ • - _ . . 1~~ / ~ N ry ~i c ' d for the Sfate of F~oAti6 ' ;C~{~ ' _
GEN~.. . I. ~ y mm ~ ezpires: ' ;
~
Rerum ro:
x
, first Federol Sav~ngs 3 loan Asioc~sf.on
; or ~~~e e~.:~.~ (;rN { A~~~~X.?
- Fort P~er,-e. Flor~il~ ~4ii'. r~
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