HomeMy WebLinkAbout2479 3. To p~ece a~d co~~t~n~o~siy Meep on the b,..'J~~~~s ~~Gw or he~eafter ~~t„ate en su d ~and and on aG eq.:~p~~e~~ a~d p'rnona!iy covered ~y R,~r
age. w,th all pre~ ~.,^.~s tl,e,e•on ;,o d~n f;,.l. t~•e ~:s~~~^,:r ,n ~ne .,s.:e~ s~a,~~•d p;o,~tv torm, 1n a s.,m a;.y~o~eJ b~ The M,Uk .a~~:~. e• ~~sTo
:r,surance in ehe usual s+e~~de.d ~.o cy ~o•~n. ~n a i~m a;pro.td ~ti ~he MJRTGAGfE, m such con:pa+~y or ,o~;•an,es as Tnr A'.Ui:~.:~vrE m
d~rrct; end alI fue a~d w.nda~:.~^+ ~ns..•ance po:~c~es on anv of sa~d b..ud~~gs, any ~n~eres> >ne~e~n or part !hereo}, in the agg•~~ga~e s:,m a+o~esa~d
in eiceas the~cof, shali :un+,:n rhe ~s,~: s~<+ d~~d morrg,gar~c;a~ae or s~ch o~t+er c~ause as the Mortgagee may req~.re. mal~ng ~ne ~oss u~~dr~ s.+.d po
c~ea, each and eve~y. pay:,5 e~o sa~d •'.~JR?~~GfE as in:..~rrs~ may appear, and each and ekery ,~ch Fv .cr s?,eli be P~ompr,y ass g~:rd a~~d dr ~.~•red
any heid by sa~d MOR?GAGiE es s,c~nTy !o sa~d :~:a~ga~e.dc~t, a-~d, not less t~an ~en i:0i daYS ad.a~~ce of ~ne e.p+~at.on ot each pa~:r. ~e d.
I~ver to so~d MORTGAvcf a renewo rhrreo~, ~oge~F.er V.~eh a receNt ior ;he premwm of such rr~~eNa!; a~~~ ~ne:e sha., be no i.~e or w,~os~c• ~n ~~,s~renc
placed on any of sa:d b~ud~•~gs, a~y ~~~tvzst tl~ere:n or par~ the=eof, un',ess ~he lorm a~d v~~fh the ~oss payabie as afcresaid; an~ ;n ~he c:~nt a~y ;~n
of moneV bacom~s pa~eb:e ~~,c1er s~ch poi~;y or po:~c~es aa~d MJRTG:~GfE a6~ali ha~e thr opt.on ro rec•_~.e ond app'y t`,e sa-n~ on ec:o.,~it of ~he ~~~ortt~~d
neu secured her2by or ~o prrm,r sa~d rAJRTGAGORS ~o recr~ve and use it w an~ pr~r ~he ea1 +c~ e-~~~• t•-~;•=~~•s. ~~-~•~'3 •r
inq any equ:ty, I~en w ngnt under o~ t~y vur~e o4 ~h~s mercgage: and m ihe e.rnt sa.d MORTGAGORS sha!t ?or any reason fa~! to leep fhe sa~d prem.:s:~s so
~nsu.ed. or taif eo de'~~er pra~n;,~:y a•~y ot s~~d po~~c~es oi ~nsu•ance to sad MORTGAGEE, or fau p:omp!1y to pay fu'•:y any p~c•~~:~m it~ere4or o~ a~r
respect faii to perform, dschor~e, execure. e~~ect, comp~ere, co~p!y xirh and a5:de by th~s covt~ant, o~ any p~rt hareof, sa~d M~Ri~:.GEf mo~ p:a:e a o
paY fw s~ch insurance or eny pan the~eof v.,f~out wa~ving or affecring any opnon, I~en, eq~•ty, or n~h~ under or by v~rr~ ~f rh~s Morf~age, a~d ihe
t~~~ amo~nt of each and e.ery such pa~rnent shall be ~mmed~ate,y d~e and payabie a~d shs:! bea~ interest from tha dare the~c-oi untd p.,~d at the r~tt ot
~~~'~e pe, centum per ann,,~n ond toj-•7i~~•r v~~ct~ s~cn in!e•'i~sr sha,~ 5r secured by the i~en of tha mo!t9age.
1. To permir, commit or suffer no waste, impairment ot detrr~ora!~on of sa~d praperty Ot any pa+t thereof.
5. To pay a~l snci sing~ta~ rhe costs. chargea a~d eapenses, includ~ng a reasor.able arromey's fee and cesrs of abs~racts of tiNe, incuned er pa~d a~
a~;r ti~r.e by sa~d MORTGAG`E, because or in rhe e.em o~ ~he fa wre o~ ~he pan of ehe sa~d M~RTGAGOR to d:,ly, pro.Tpt~y and f~~iy perionn, d~schsrqe
>.ec~te. etiect, comp:ere, coT, ty va.~h and ob de by ea:h and every the sT~p~~a~~ons, ag~ee~.~ents, cond~t~ons, and co~enarrs of sa~d p~o~T~,ssory note a~~d Th,s
-:orrgage any or e<<her, and sa.d cos~s, charges and expenses, raih and eve~y, ahall be ir.:mrd~ately due a~d payab:e; whe+her or not rhere be not~ce dr
n,and, atrempt io co<iect or suit pend:~g; and fhe fult arnoum of each aod e~~ery such pa~menl sh,li txa. inreres+ irom ~he da~e the~eof unt~l pa~d at t>>e
- c= e• n~?e pe. :i•nr~~~ prr o~::,,.~: ~nd all sa~d ccs~s. cna-ges e•~d c,.x~:ses Vnc~•red or pa~d, ~ogether wnh such ~ntecest, shall be secured by the i~tn of th~s
mortgage.
6. Thar (a) irt the evenr ei any brrach of thfs Morrgage o~ deto~:r or. tM part of ,he ti.O~TGaG^R, or ;bi in thr t~e~t any af sa d s~ms of mo~ey
herein refer!ed ta be not pro~•~p•:v and ;u:ry pa~d ..~•;~~n tY:.rty ~3J~ days nea! a-r_•~ the s~Te se.e•a ly become due and payab!e, w~tho~t dema~:d or nct~.e.
or (c) in thr event each and e~ery ihe snpv~ano~s, agreemervs. co~d~~~o^s and coYenann o4 sa d rromissory nece and ~h,s morrgage any o~ e~rher a~e not
i.:!y, pro~ptty and f~:ty aerfo*med, d scnar~r~, exec~ted, etteded. comptefed, compi~cd w~th a~d ab~ded 5y, then in enher o~ any su:n event the sa~d ag
?•egate sum ment~oned in sa~d prom~ssory ncre tnen rema~n~ng unHa~d, w~t~ inTriest ac.^•:.ed, and a~: monr~s secu:ed hereby, s!~a~i becume due and pay-
a:..e forih.v~rh, o• tt~ereaiter, at the oFr~on of sa~d h40RTGAGfE, as fu~iy and comp:ete ~ os ~i a:i of ti~e sa~d sums o+ money were or:g;na.ly s~ p~.ared
+c be pa d on s~ch OEy, an~~r„~4 in sa d prom,ssory note or in fi,~s Mo~~qege r;; the cOnrrary not.vithi~d'~d~:~g; ar~d the~eu,~on or thereafter a~ the opt.on of
s~:d MORT3AGEE, v~rthour ~os~ce or den,and, s~n at iaw or ~n equ~ty, ihereiore or therralter beg~n, may be prosecuted as if e!I moneys secured hereby
~d matvred pr~or ~o ns insnr;,t~on.
7. Tnat in the e.ent that at the beg~nr,;ng oi or at any n~-~e pend~ng any sv~t vpo~ th+s Mo-tgagc, or to forectose it, or to reform it, or to enforce
: avment of ar.~ cla~ms he~e~nder. sa~o MJRT;~Av:E s~~a : apG'Y to tne Cau~~ hav~~g ;.~~sd~r.:on the~eof tor the acpo~ntmem of a Rece~ver, such Cuun shn~t
..~~hw~th appc~nt a~ece~.er o+ se~d mor.gagcd pro~rty aii aad s~n3~•ar, inc uo ng a~: a•~u ?u ar the i.^.coma p~oi~ts, issves ard reve~wes f~om afistever
s:.,•cr de+i~ed. each and eve~y ot N'r'd~l, 1• be~~~9 CkDtE'S5'y ~ndr~srood. ~s icrr:~ mo•tge3~•d as ~f spec.~~caL'y ser iorrh and desvited in the grant~n~ ar,d
=~oendum uavses hertef, and such Rete~.e- shel, have aE~ tne b~oati a~~d e*iec•:ve fv^ecr,s ar:d pavvers anyv.~~se ent:us}ed by a Court to a Recrive~, and
s. ch appointment shaU be made by wch Co~•t as a~ ad:h~tTrd equ:ty and s r~atter of abso,vie r~gM to sa~d A10RiG~+GEE, and •r~rh:,ut re{erence to tht
adeq~acy w inadrquacy ot +ne va'~e e' rhe p~ore~ty ~++o~+gaged o. +o the so.ancy or :r.sc vency of sa~d M.ORiGAGOR or the de*e~~da~'s, e•~d !h;t wch
~•~rs, protits, inco~ne, iuues and revenues shail be appued by wch Re:e~ver ac:ord~ng to the i~en or equity of sa~d MORTGAGEE ar.d tF~e praU.ce of wch
~.OUff.
B. To du'y, promptty and fui~y perfo~m, discharge, exec.,te, effe:t, compie!e, con:p~y w~th and abide by each and every the st:pu;ar:ons, a3reemeros,
:o~d~t~ons and covenanu m sa~d promisso~y nore and in.s morfaage seT forth.
9. 7hat ~n the event the owne•sh~a of the martgaaed prem~ses, or any part thereo(, becomes vested in a person other than the MORTGAGOR, the
'?RTGAGEE. ~ts wccesson and ass~gr,s. may, w~shout nc.~ce to ~'~e N~ORTGFO~, deal wrth such wuessor or successor in ~~terest wrtn reterer.ce to thu
or+gage and rhe dFot hereby secured m the same manne~ as v~~Th Mort~agor w~tho~t in any way vi!.ating or d~scharging the Mortg;gori liab~~~ty herr
.-der or upo~ the debt hereoy secvrrd No saie of she p~e~,ises he:eoy mo~tgaged a.~d ne fo~beara~ce on the pari oi the MORiG~GEE o+ i's successors
ass~gns and no extens~on of the T~Te for the payme~r of the deb! h~reby aecu~ec+ g~ven by the M~RTGAGEE or its s~ccessors or ass:gns, a~.aii operate
ro re~ease. d.scharge, mod~fy chonge or affect the ong,nai liao ~.ry of the M^vRTGAGOR he~em, e~tker in whole w in part.
10_ It fs spec•f~caiiy aa•eed tF.ar t~me is of the essen~e cf ~h~s contracf and that no waiver of any ot~~gat.on hereunder a of the obligation se-
cu-ed hereby sha'~ as any tlme the:eafter be held to be a wa~~e. of the terms hereof or of the fns~r~mem sew.ed herby.
1 l. in add.r~o ; to ~he iOtP~,7C nc~ rt.onih?y paym~n75 0! ~r~-,c aa: and ~~~!eres• requ;red 'ey rhe p~o~ sscry no~e se:v+ed hereb;, me-~ga~~~ cove~ams
1 ~ agr_es ro pa~ tu r~o-tgayee w~rh rach r onrh y;;ayr-,en+ an ad~ :~onai som er ~ a~ed b~ mo•tgsgee to be equa~ to 1}2 of the an•~:,at cos! of the fo~io+v-
~ y ,
A-Ali rea! property taxrs ie•.~e~ o• assessec eg.a~~s~ rhe abo.•e desv~bed rea~ es'ate
[
6 Pr~•n.,,~~,s en f~.e ar.d +v~edsro ~nso~a~ce as ~;ere~n req~,red to b= ca~r~cd e~ tne ,::ovemeots s!~zte on the above desc•~~ed p*emises.
i
C-Prer',~,,•~s on such mo*tgage g..a•acty msu~a~.ce as mo-tgagee sha~l !ro^~ r me t~me deem f~t to carry on the loan secured hereby.
N~crrgu~ee s'~o:~ `~cm ~~^~e to !~~-,e nc•~+y me•tyeg~r m w~:'mg of t~e a•~.o.:~t d.,e and pa;ab~e here~ndrr and such s::~r• sha~i tnereu~n be dce and
3 =;able on thr d~e care of ihe neft ^~on1h ~ po,r*ent a~d eac~ s.,ccessive T~o•"h t'r.ErFd~t,t-ur.t%: mG/Tpd~E@ shall not.fy mo~!gager of a change in s~:h
:
o~nt. Such w:^s s~a:i be app ~ed ay mo*tgaa~e tona-d t~e pa~rr-ent of rea: p~cperty taxes. msurance p{em.ums, and mertgage g~aran~y insurance
.:•emfums. .
° ` fN YJITNESS 'lJHEREOF, the sa~d MORSGACOR has hereunto set his han~ and seai the day and ar irsi a`.cr d
~ ~
,y / -$/~~gned, Sealed and !iv r/~d in the p~ese~ce of:
# ! .'Y / (~L ~ .~,1 I .t_~-- ($tA1?
~ ~
~ fSeal)
~ ~ / ' ~ (Seal)
Y :~1 -
f ($2a{)
~t
~ 5?AiE OF FLORIDA
* ~ S5.
~ ~ t , i'.1G = ~
~ ~~U!JTY QF - ~
- Before me perwnally appea~ed ROTBl d R P 2ber t s a~d
~:andra R, nlberts
~ h~s w~ie, to me weli known and krawn to me to be
~ tne ind;viduals descr~bed in and who exec~ted the for oing instrument, and acknowtedged before me that they executed the same fw the purposes
rhe.ein exp~essed. And the said ~-eT~dra R, ~~bezts
w~fe of the sa~d ~ Rona 1 d R, A 1bQ r t s _ _ ~pon s xpa*ate ~nd private
~s e.am~nat~on by me taken separate and apart from her said hvsband, acknowledged to and before me that she exetuttd ssid instfument free{y ~nd voluo-
ar~ly and w~thout any computs~on, constr~~nr, aparehens.on, or fea. of or frwn her sa~d husband.
~ WITNESS my hand and offic~al seal this_ l4Lh day of_ anU°ry . A. p, 19 72
- ,
~ r,
.3 Notary Pub~k in and fw ~i~ StN of Floridt d l.arge
_ My Comm,ssion exp'ues: ~C~~~ d FLORIDA K URGE
Return To:
- First Federol Savings 8 loan Asso:iat,on MY M ON EXPIRES SEPT. 25.:9,5
Of ~o.r P~•~e Bonded By Ametiean Bankers Insuranc
= Fu~r P~rrce. Furlda f`LEp n"-; ,~~jy F~~.
RG
:[J3 ~t • `v f ~ Yv~ f A p0 ~t
' CI~kM ; f
This Instrument Prepared By John Co:lin~~i,p.D`~- '
; First Federal Sav~ngs 8~ Loan Association 55~
of Fart Pierce , F 1 or i d~ '.u ,1~
' vµ,
:s~
_ - Checked By - ~~~M~r~?~y
rl~i~v ~ I
Y` 0 R~i~ f
11CE ( V
y~; BOOK
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