HomeMy WebLinkAbout1266 To p~ace and tontinuo~sly Aeep on ti~e bu~ :l~r.~s :~o.v or 1•ara~fre~ a:!~.+te on s~~d !and and on a!~ eq~:p:nent and pe~sonally covered by ~his mW
age, w~h aIl pren,~u»s ihereon ~.ad ~n f~!!, f~rr ~ns.,:a:u~• :n inr ~s.~! sc.~~;i~„f Fo~cy torm, ~n a s~m aFpro.ed b~ rhe MJR~:,~.vtE, a~~d w~~~dsto
r,,surancr in ~he usuai s!a:~dard pa cy fc~~n, ~n a sv~~~ aE f~ro.ad Ly ~he hIORTG~v:E, in such t~~~~pany or mmpan~es af the RtiORTGAGEE m
d ~ect; and all fire and w:nds'urm insurar~e ~onc~es on any o~ sa~d b. ~ d.nys, any intrrrst tha~e~n or part thereof, in the a99~ega~e sum aforesa~d
in excess ~he.eof, shall :onr,~~n the :1SJdl sta~d.,rd :r.xrJeyae uause or s~ch orhrr c'xse as the ktc:ty~gee may requ,re, making the ioss unde~ ~e~d po ~
c.>s, each and every, pay.~b'e to sa~d ~ti10R1GAGEE as ~ts ~~~~~~~<st n,a~ a,,{-r3r, and each and eve~y svch po ~cy shall be promptly ass g~+rd and de~rvarrd ~ !
eny held by sa~d h1t~RIGAGEE as fur~har srwr~ty ro aa~d n,urty~~e d~•Lr. a.~d. no~ ;rss ihan ten (;Ol da~s i~ ad.ance ol the eaNireTlon of eech poi~cy, to d. ;
i,~er to 3a~d h10RiGAGEE a~er..;w•al tnerrof, ioge+hri v~~rh a r~•cr~F:r tor ~hr y~r~~~w~n of such ~e:~ewa:; a,:d ih~~re sha:l Ce no f:re o~ .y:~~de~o+~n insvranc
y~!aced on ar.y oE sa~d b~~~~d+n3s, any ~mrrc-st tnrre.n or part 1~12~E0~. U` r51 m ine fcn~: a~.ai rrrth the +css pay~'v!e ~s aforasa~d; and in ~he ewen? any sun
of money becon~es payab!e ~nder s~ch po'~cy o~ pe!.c~es sa~d :!ORTG%.v~E ah,il h~:e nc~ oH•.on ~o rec_•~.~e ::~+d ap~:'y ~~~e same on ac.ount of the indri.rcd ~
nesi Sewred hercby or to permit 7~:d 1AORTGAGOR$ to retr;vc a•~d use Or ,.v/ ,:~rt th~~-,-oi ri,- etm~r i.:,r. ~i:5 .:.~i~...._t th .~.:iyi ~3 :r ~~~~~.;n~ f
~ng any equ~ty, 1~en or r~ght ~nder or by vlrtue of ~hia mcrryayc; and in the evrni sa d A!J.TIGAGOn^S sh~il `or any reason fai; to kacp the sa~d p~em~ses so '
;nwrcd. or (ail t0 dzl~ver rum tl an of sa~d ~.c~es ot ~,wra ~ct tu s+•d MORiGAI',~E, er t.,~. ~:n •t~ te a fw' an re n~~:n the~etor or in a~y ~
R N Y Y Fx~ N~ F V F Y Y Y P
respet~ tail to perfam, d~stharge, execute, effeu, co~up~rta, co.nNiy w~~h and a~.de by th;s cove~~r.:t, or any par~ h~~reof, s.+~d MGRiv~+GEE may p~ace a•o
cav io~ such insurence or any parl the~eof w,thout wa~ving or a{fc,t~ng any oyc~on, ~~en, equ,~y, or r~gM o~:der or b~r v~riue oi ~f,~s Mor~gage, and thc
t~il a~no~N of each and e~ery svch paymrnt sha~t k~ r.e~,n:rd~erely due ~~~d payab:e a~.d sha;l bcar ~nterrnt trom tha clare mcreo~ untu F~~o a~ tne ra~a ui
•~.•.e ptr ctn'um pe~ annu~n and to~,•thrr ,n~ch su.h i~i'r~:st sh,~i~ i,~• erwr~d uy the ~~en o4 th~s m4:tgaga.
To pe~mit, commit ot s~f(er no wastr, impairment or drtr:wrat~on of sa~d proFcrty or any parl thereof,
5. To pay all and s~ngular the costs, charges and ex~:~~:ses. ~n.~~~ding a rrssenab'e atrorney's fee and cests of abstracb of utie, incurred or paid at
.,~y t~•r.e by sa~d AtOR1GAG'_E, ~ecause er in she eve~~! of ih> fa urr en ~r~r pa~i of ~he sn~d MORTGPGOR to duly, pro•~~prty a~d f~ily perform, d~scharge.
~„ecute, effect, comp.ere, co-r,ply w:~h and ab de by each and rlrry ihe st:i:~~a!.uns. agrc~ements, cond~t~ons, and covenams of sa~d prom~ssory nore a~zd th~i
ro•Tgage any or enher, and sad cos!s, charges and eaHensr~, rach and ~~~•ry, aho:~ be ~m,nrd~are:y due and payab!e; whether or nm rhrre be notice dz
^.a~d, attempt to iollecr or suit pend:^g; and tF;e fuN a~neu~~t oi rach and e:r~y svcn pa.m~-nt ihall b~a~ int_rezt from Ihe dafe thzreaf until pa~d at tht
o' n~nz F;er ccntu~T~ pa:r an:~,; ~:nd „ii sa~(~ (GS!S. C~~d"3c'S a:~d a.: <ra_s ::turrrd or pa~d, tog~•~her ~vnh such intercst, shall be secured by the Gen of this
mor tgoge.
6. That (a) in the event of any brrath of rhls Vlorrgage or default on ths part of the h10RiGAGOR. or ;b) in the eve~t any of sa d sums of money
h~rein reje.red ~o be not promNtly and fu~!y f:a~d w,rh~n tn •`y ,3J; dats :~cx~ a•t•,r thc s:~:>>e se.rra:iy beco~nr due and payable, w~t~out demand or notice,
;c; in thr evznt each and eve~y the snp~iasions, agreemen+s. co~~d•'~e:~s and covenants of sa d~ ro:nissory note and Ih~s mortgage a~y or eith~r are not
i~:y, pro~nplly and fu!ly perfo~med, d scharged. exec~~ed. ef4e,~<~d compleTed. compi.ed .~rth and ac dcd 5y, eh~en in e~~her w any such event the sa,d ag
a•egate sum menno~~ed in sa:d pronusso+y norr then ~er.:aln;ng ~~~,,a~d. v~~Th u~rcr~•;t ~c.rued, ared a,i n,onr,s secured hereby, shall become due and pay
eo e forth.vith, or thereafrer, at tne op~~on of s~•d MOeT~~%~l'~~E, as fu.,y a~~d camp!ete'v as if a~l of tL•r sy~d sums of money were or~g~naily shpu:ated
o be pa d or such dty, a~iything in sa d p~o:n~ssory note or in th.s :!ortga~e to the co~v:a~y no~xrthsta•~d:ng; and thereupon or thereaiter at the opt.on of
s~ d M4RTGAGEE, w~rheut no+~ce or BtT:d:l(I, SN~1 a~ Iaw o~ in e.;~~t~, in~reicre or thereaf:e~ begun, may Ge presecuted as it all moneys secured hereby
r.,d matured pr~cv to rts ~nsnt~t~on.
7. That in thr eLent that at the beg~nn:ng of er at any nme ~~endng any svit ~pon tl~~s Mo~rqage, or to foreclese ~t, or to refo~m it, or to enforce
;~ym~nt of any cia~ms hereunder, sa~d ~~`02TGAvEE sha;! .,Fµ~y to rhr Cc~~i t,a.:~ g i~~.sd.c~.o~~ th~reot fo~ the appo~nunent of a Receive~, such Covrt shall
,~.-rhw~th appo~nt a rete~ver of sa~d mortgagrd propr~ty aii a~id s~~~~u:ar, i~;:ud ~~y ~:i and s ng~:ar fne ~r.come, proius, ~swes aed revenues from wh~tever
s.-_rce der~ved, ezch and every of whch, ~t bc-~,.g exFr_ss!~ undr~s+c.~~. ~s t~~,_u~ mo*~nan_•d ~s if specf~cal:y set iorrh and descnbed in the grant~~~g and
r~bendurr~ ciauses hereof, ard suc~ Receive~ sha,i have a:t ~i,e c•~ad a~~d rti~c~:+e tu~~c~ u:•s o~~J po•aers m anyw~se ent~usted by a Court to a Recaive~, a^d
s.ch appointment ahaU be made by such Cou•t as an a~ ~:n~d rG.,ity a~~d a ra~rer cf a:;se:~rc ngM to sa~d YORTGAGEE, a~d ~n~thout reference to the
a::^q~aty or i~adtq~ac~ Of tF.e va(ue ot the proprrry mortg~yed or !p th_ 5~;~ ~.enc1 er ~~~;c~-.i~ncy Of sa~d htORiGAGOR ot tht defendar.t3, and that wch
~s, protlts, inco.ne, ~ss~es and rrvenues sha~~ be apr.~ed cy such Rec.~w~r ac.orti.:.g so the :~en or equity o1 sa~d 6!ORTGAGEE and the practice of such
Court.
8. To d~:y. c~omptiy and fuify perfar~n, d~scFisrge, eYec~+e, rfte:f. :oTp:<t~~, co~~~yly w~~h and abide by each and every the stipuiations, agreements,
_,r,dit~ons and co.•2nams :n smd prom~ssory nc*e a.^•d !F s m;rtgage srt forth.
9. That in the evem the owr.e~sh~p oI the mortgaged pre~ ~ses. or a~,y pxt tn~•reof, 6ecomes vested in a pe.son other than the MORTGAGOR, the
:`RTGAGEE, its successors ar.d ass~gr`s, may, witF.o~~t rcr::e to f~e '.',OR'G~O~, d<ai wrth wch successor or successo. m imerest w~th reference to this
~ o•+9age and the d_~bt nereby sewred in rne same mar.ner as w~th f..;r!~agor w th~ut in any way vit!ati~g or d~scharging the htortgagors' liab~fity here-
Jer or upo~ the dr5t hereby secure3. No sa:e of the Fre~~~ses t~.~rcb, n:e~tgayad acd no forbeara~cr on the part of the IJIORTGAGEE or its successors
ass~qns and ~o eate~s:on of the t~:~:e for tne payT.ent of ~1:e d~~t~T h_r_~;,i s~curcd g~~en by the 1rORTGAGEE or ~ts successors or ass:gns, aI~all operate
ro re~ease, dscharge, mod~fy cRar.ge or afiect t}~e cng.na! ~~~u.:,r~ of ihe N.^vRIGAGOR here~n, either in whole or in part_
10. It is s~•_u~~caliy ag*eed that t~+~e is of the csse~.ce of th;s co•~tract and that no waiver of any ob•.:gar~on hereunder or of the obligation se-
i .,.-<d hereby sha~. at an~ tir.~e thereatrer be he;d to be a.v,~.ar cf th~ trrn.s herecf or of tFe insrrument seiured he~by_
~ l l. In ::ici ao~ !o th~ iorFgc .^o~:thly :;ay:~.;nrs of ;.cr 1 a^d i,_ r. st re~., red b~r the prcro ssory no~e sc:vred hc;eb~. mortga~or tovenanfs r
F d aqrees to pay ~o r~o~tyager w.th eac`+ r,.,~h ~;,a~~ e~:t an ~:i.~' ~al 5..~`~ ts• ~ eteel b~ mwty~gee be equai to i 12 01 t~ie annual cost of the follow-
A-Aii reat prop^~ty tat~s ie~~_~ or assess_d e~~l•s~ t~•_ ai,~.e d•sc~,',:d .:ai es~arc. ~
6- F~e~r.~;, cs on fne and .v~r.dsro-~n insu:a~ ce as i~rr~ n•:q~ rad to be ca~n• d o~i tF~_~ .m;;roveme~ts s:tuate o~ the abovc d:s:ribed premises.
C-Premwr,s oo such mo~t~,ge gvar3nty icsvra~.ce as n:o•tgayee shaii 'ru- frne ~o ?;me deem f~t to carry on the loan secvred hereby.
? Mo.tgagee sho'i '•cm i~ -~e To e r.o~~f, mcrty~go• .n ~.r~a~ng cf tha o~~•~t d.,c and payable hereundrr and such su~~ sh~it thereupon be due and
~ .~.ab~e on tha dve da~> o~ rh= nc,t n~o^,ti:.~ p~y~re,~t a•~d e~ch w_cesv.e ~*o~:?h t}tieceafvr ur~i: mcrtgagee sho~l not.fy mort-}agor of a change in such
i ~unt. ~ucfi sums s~a i ce ar~ ~ed by ~:~ortgay~:e ror.a-d tne j~a~rt:E~~t o4 ~rai p•cFrrt~ taxes: insura.ice prem.ums, a.~d mort~age guaranty insurance
1 ~•m~Vmi: ,
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IN \'~tTPJESS :':HEREOF, the sa~d MORTGAGC2 has Fereu~~!o set his h3~-:d and s eI the day a~d year first aforesaid.
~ Signed, Seafed and de'ive.e ~ in the presence of: "
F~~Ea AN~ RECOaoEe
~ _ _ ST. LUCIE CQUNTY flA. (Seaq ~
~ , , AOC~- r~~iTa~S ~ n Fie
~ - - CIERK ; C'JIT COURT - (Sea!)
;y _ Fr~b~~^, yi -;~iEs~ (Seaq
µ ~ _ Al ields ~~d;y
D~c 30 4 22 PN ' 7 i
~ S::,TE OF FLORIDA
~ ~JU!JTY Of _ St. L~ie _ S5~ ~~1313
~ Pinson Fields
Before me personal~y appeared - and ~
~ _ Alka F eld5 his wiie, to me weR 4nown and known iQ_rr~ Tplbe !
='ti e ind~viduais descr~bed in and who executed the fwego~ng instrument, and acknowledged before me that they executed the same for ~be purpise?
1 ~ J .
^ Alk Fields ~ "
!he•ein eaprtssed. And the said_.
r..+e of tfie sa:d -----PliISOIf F~e1d5 _ , uFon a icparats end priv?~
_ c.amnat~on by me taken sepa~ate and apart frorn her sa~d husband, acknoa~edged to and before me that she exec~ted said instrumeaf`f~ely.~t~ypk~m .
'.-~;y and wnhovt any co-npu;sion, constra~nt, aFprehens.on w fear of or f:om her said husband.
WITNESS my hand ar.d off~c~al seal this_ __~~_~F day cf_-_ ~CE er _ X. D. 197~~~'`
" ~..1 r~~~ ` j ' cT : _ _
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Np~ary Public in and~ 5tate pf~id~.at karge .
My Comm~ssion eapires: ^ y~'s rr
_ Ret~m To: i`7 ~`l ~ n ~ ~ ~ ~1'^f.~.r
First Federal Sav;ngs 3 loan Association ' ~
F~,, P 3 • ~ • ? S ~ ~ ~ ;:w,~.
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= F~•~ P~~~,~e. F.~„~.
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This Instrument Prepared By RiChard K. Kayes
First Federat Savings & Loan Association
Y~
of Fort Pierce , Florida
Checked By 6 OK ~•~V PACf ~l..l~'~
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