HomeMy WebLinkAbout2589 3. To piace and coro~nuous~y keep on the 'u::~:d.n~s Row or hrreafrar ~ii~ate n++ tia~d +and and on ai'~ eq.,~p=~~e~~+ a•:d personal!y cevrred by ihls mar
e9e, w~~h eli prem~„n+a niereon pa~d ~n f~ii, f~re u~s~:a~~:e ~n fne ~s.:ai sr~va~d po:~cy fo~m. ~n a:~m ar~re~ed bv N1JR :>.+:,'_F, and w~~~dstc
,nwran~e in ~he usual standa.d po!.cy torm, in a wm eppro~rd by ihe MJRTGAGfE, in w.h compa~~y or co•.~,~en~es as ~ne h~021:,A;,:E m
durct; and all fire and w~ndstorm ~nswance po,~urs on any of sa~d bu~~d~~gs, any ime~e~~ rhere~~ or pa~t thereoti, ;n ~V~e a~g~ege!e s~~~ ato~esa~d
in excess the~eof, a~all :onta+n the ~sual standard moriyegee c~a~se a such mhei clause as fhe Mor~gagre may req.,~re, me?.mg ~ne inss under sa.d po
ues, each and rierv, paya5le ro said h1pRiGAGEE as ~ts inrerest may appaa~, and eath ar:d eve•y svch po'~cy ahe`.: or prompr.y assg~~rd a~~d dr ~ve~rtl
eny held by u~d MpFiGAGEE aa funhe~ art~rity ro sa~d mn:tga3e d~bt, and, no` :ess than ~en ~70) days ad.~~~ce o~ the ea, uat~on oT eac~~ ~o'.,cy. ~o d.
~~ver to sa~d ti10RiGAGEf a ronewai thereof, foge~her wnh a rece~pt tor the prem~um of such rene+.a~; a:~d ~nrre s!~a~~ be no i,re o~ ..:~~'s+:. n::.,r.,nc
ptaced on any of sa~d bui~d~ngs, any inte:est thete~n or parf the~ro~, u^~ess ~n rhe form and wnh the loss pa~a~e as a~o~esa~d; and ~r~ the erent a^.y su^.
o~ money becomes payable ~nder wch poi~cy or poLues sa~d MOkTGAGfE ~hall have the opt:on ro recr~ve ~nd ap, y the sa~ne on a;:o~~t o~ the ~~~dcc+.•d
nesi secured heroby or to pemilt sa~d MORTtiAGOR$ ro recrive and ~se it or any pe~t ~hc•~eof to• ec~~ ,s:a v. +n:,:' !h .._::~~'1
~r.g any equity, hen ot n9ht under or by ~~rtue of th~s mo•cgage; and the event sa~d A~ORTGAGORS sha!t cor ary ~eason fai! ro keep the sa~d prem~s:s so
nsurrd, or fail to dei~ver pronnptly any O4 13KI ~OhUfi Of ~na~ranie 10 sa~d MORTGAGEf, or fJii ~:Om~,!:y to cay f~.;y any ~~re~~',~,~~n thrrcror Or ~n a'~y
•especr fail to perfo.m, d~scharqe, exe.ure, efie:i, complere, co:npty wi~h a~.d a5~de by thas CJV2nd:1t; O! any p~:r he.eoi, s:~~d MuRi,-,~GiE ~~~ey p,ace a o
pay ior :uch inw~ance or any part thereaf w~thout wa~v~ng or afiecn~y any o~t~on. ~~en, equ~ty, or r~3h~ w~der o• by vc~ue of fh~s ASOrt~oge, d~+d Thc
i;,i~ amovnt oi each and e.vy s~ch payment shaii be u~mca~atefy o~B and payabie and s~~ei~ be:ar i~:te~css ::s tha ~~'e thzreo` u.,.~: t~'
•+~ne per crntum per a~1~u~n and t~~rthcr m~Th s~ch ~nTC-es! sha~ :>e se:.,rad b~ the I~en of this mortgage.
To permit, commit w suffer ~o waste, impairment or de~er,oranon oi sa~d property o? s~y psrt therrof.
5. To pay aIl and singula. the co;ts, charges and e:penses, inciuding a reasonab!e a+~ome~•'s fee and cosrs of absrrac~s of t~t!e, in:ur•ed or pa~d af
hme by aaid MGRTGAGEE, because or in the event o1 ~he 4a:t~re on the part of ~he sai~ 61JRT'vAGOR to duiy, pro~,,r.t1y a~d i~~;iY pertwm, d~sche•ge
.<<~a~te, effec~, compie+e, comp!y w~th and ab,de by each ard every the shp~ta~~ons, agrirn~~'nts, condrt~ons. and covenants of so~d p•o+~~ssory n'vre ~~d ~`~~s
~,o~rgage any or e~ther, and sa,d costs, charges and expenses, each and rvery, sha~l be ~mmrd~ately due and payabie; ~nheTher o~ ~ot fhe~e be n.~T~ce d~
r end, attempl to tOarct ot suit prnd~ng: and the rult amounT o+ each end eve!y such paymrnt shal~ bra~ ~r'.te~est irom the date therrot untii pa~d et r•~e
o+ n~ne per centu~n E•ctr a~in„ n; enc a~ sa~d CGS~S, Cfid"~CS a~d ex:}enses ~ncu~red ~r pa~d, toyzther vv~th sucn ~merrst, shal~ be sec.,red by the i~en of th~s
mOtt9s~l.
6_ That (al in the event of any breach of this Mo~tgage or deia~lr on tFn pa•t of the A!ORIGAGOR, or ;b? fn the evem any of sa d surns of money
^~ein refer~ed to be no~ prompttv and ~uUy paid w~Tnin tn:~r~ .3J; davs nca! a•~er tne s~rt~e sc~re~e :y becone d.+e and pa~aWe, w~:hou' derna:~d a~ no+~tc.
!c) in the event each and every ~he stipu~a~~ons, agreements. cond~r,ons and covenants o! sa d prorn~sso•y note and tha mongage any or ather a.e nm
~u'.y, p*omptiy and +u~ly performed, dacnargrd, executed, effecred compieted, com~,~~ed with and an~ded 5y, then m e~ther w a~y s~:h event the sa~d ag
•~~gate aum menhoned in ia~d promuaory nute Ihen rema~ning unpaid, w+th ~nrere~~ a;:r„rd: and o:~ moneys secu~fd here~y, shali ~rcome d.~e and pey-
~'orthwifh, Or ~hereat~er, a~ the opT~on o+ sa~d MORTGAGEE, as tuiiy a~u! :ompiete:v as if al: of rhr sa~d s„ms o9 money were o~~g~na;fy st p:, atrd
~ br pa,cl on svc~ d..y. anyr~,ng in sa.d pre:,~~siory nore o~ +r. this Mortqaae ~o the .o~,r;a,; ne~r:rhsran~:.:y^: ar.~ there~a~n o~ therr,f~e+ ar rh. ~~:e.o~ pf
h10RT'vAGEE, w~M~out non:e or demand, su~t at law or in eqwty, the~eivre or thereat~rr brgun, may bt prosecuted as if all moneys secured hereb~
~ matureo pr~or to rts ~nsnt~hon.
7. Tha+ i~ the event rha+ at the beginning of or at any t~me pend~~g a~~ su:+ upon ~h~s Mo~tgage, w to foredase it, w to reform it, o. to enfo*ce
;.,vmene of any ciaims he~eund_r, said NORTvAG~E sha~: ap;.!y io ~he Cov•± hawng t„-~so.ct~o:~ shereol for the appo~ntmero of a Rece~ve~, wch Co~rt si,a~I
r,.-r~„viih appo~n; a.eceiver of saed mortgaged prope~ty afl and sing~~~ar, i~wud ng a~~o s~~~g.,~a+ ~~~e i~come, p~otr.s, issves and reve~ues f~om wh,Tever
s: .~-ce der~ved, eac~. and every or wh,ch, it ne~ng express'y undersiood. ~s he:•~tr. mo-soa~rd as spec j~ca::y sef for,h and descr~bed ~n th> g-an!,n~ and
r.~:~entlum uauses hero+. and s~ch Recerver sha:i have ai~ the b~~ad and rnec!:ve i~^r.•a ~s and pov.e•s in any~,~~se enrustrd by a Co,;•~ te a~iece~ve~. a~d
s. :r appolntment shal; ae made by such Cou~t as an ad •S~tfed eyuiay and a r:aner o1 a'.:so,~te ngh~ t: sa~d MJ2IGAGEE, and w~'ho;,t reterrr~ce ro the
n:::•quaty or ~nadeq~acy o! the vaiue o4 the propr~1y mongaged or so me So.venCy e~ c~w :ency of sa~d MOR:GAvOR o~ th~ dr~e~~de~~es, a^.d ~ha! s:,ch
~!s prorrts, inco~ne, us~es and revenues sha~~ ne app,~ed by such Receivei acco:d~~:g to tne i~en or rqcrty oi sa~o MORTG%+vEE ar~d fne pract~ce o! such
:.ourt.
8. To duly, promptly and fuUy pe%iorm. da:ha~ge, exet~te, e~fe:r, comaiere, comp~y w~Th and abide by each and every the s~~pu~a:~ons, ag:eements,
,~:ditiona and covenanrs ~n said prort~i3so•y ncte a~•d th~s nwrtgage se± forth.
9. ihat ~n the event she ownership of the mortgaged premnes, or any nart thereof, 6ecomes vested in a pe~wn other than the MJR?G.4GOR, ttie
`RT~AGFE, its successors ar:d a:sgns, may, withouT nor~ce to the A10R?GtiOR, dra~ w~th s~:h successor or successor in ~merest w~th reference to tlus
r ~•tgage and the deot hereby se.~~ed in ihe same manner as v.ith !.1o•tgago~ w th~ut in a~y way vit.ating or d:sc~argmg the rlortgegors fiab:i~ty hert
.;~~der or upon the debt he~eov sec~red. No saie of tne prem~ses hereby mortgaged and no torbea~ance on the part of the MORTvAGEE o• ns s~.cessors
ass~gns and no exrerswn of the nn;r io+ the paymer.r o4 tr.e deW herehy sec~red g~ven by tne M~RTGAGEE or ~ts w~cessors or ass.gr.s, al~aii o~erate
•e~ease, oactarge, mc~:iy cnange or aiieo me ongm~i i:au::.fy ot tne n~vw~v:~vJi. i~c:~~i., e~~~rri w w~w+r u~ i~~ ~.e~~.
10. It is spedficatiy ag+eed tha+ time is of the essence of this co^tract and that no waiver of any obl~gat~on hereunder or of the ob!igation se-
_~~•ed hereby shaL at any time ri~ereatier be heid to be a wa~ve• of the terms hereof or of the :~~strument sewred herby.
I l. In a~d~t~e~ ro the 'ro:eno n~ monTh'y payn:en!s ot Y•~sc pa: and inreres+ ~equ~~~-d by the prom~sscry no~r sctv~ed he~eby, mo•~gaa~~ caver.ants
~ agrees te pay ro n~o~tge~ea v:~rh ea:~~ r-~o•,fn q pay~ +e~~~ an d]il.'+J'1d~ swn t~s! . o~ed n~o•ryagee to be eq~j to i i2 of riie a~~ ~..a: tost of the foiiow-
E ' A-All r8ai propeny taxes le•~~.d o. asses~•.d a3al~s! ih~ above desa~b•_d rea~ es-arc
~ 6 P~_rt:~~ms on f~re a~,d vr~~:ds+o-~n inw~er cr as ne~e~r rcqu.red to tx- :arr~• d o~ thr . ~;~ovements s~f~ate on ti:~ abeve d_sv~t,ed prem,sas.
C-Premwms on such mort~a~e gua•onty ir,s~rar~cP as mo•tgaqee shatl fro~r rme ta !~m.e deem fit to cany on the ioan secured hereby.
i
l~~o~tgagee sha ~ from t~~,e to n^~e nor~F; merryago• ~n wnt,ng o~ the a-•.o_~~t d~e and paya~le hereunde• and wcF. surr sha ~ ti~rreupon be d~e and
p ~.able on the ciue date o~ tr.~ next montn., par-.~~nt and eac~ w,cess~.e mo•:th L~f~Edtt_f ~~:.ti' mortqa~ee sha!i not.fy mx!~aaor of a change in such
- a~nt. S~ch sums sha:i ~ app ~rC by rno~tgay ~e tov:a~d ihz peyrt:enr of ~ra pro~,eriy taaes, ~nsurance prern.ums, a~d mortga~e g~oranty ir.surance
.~-em~ums.
~ IN ?VITNESS YJHER~OF tne se~d MORTGAGOR has here~~ro se~ his har:y and seai the day and year first aforesaid/ - -
z Signed, $ealed and delive-ed in .ihe presence of: ~ /
~ ' ~',(%~'t ~ C~'.c~~lc
~f/
~ _ ts~a~~
: C ~ ~ ~ Claude N. Combs
r ~Seaq
~ LtL~- ~~--~7 (Seal;
.z-.'
y~ I.01115Q • O. , s (Seet)
~
~ _':.TE OF FLORIDA ~
St. Lucie
~:i'JNTY OF _ I
f
c Be4ore me personafly appeared Clsnde H. COlIIbS a~
.
~ _ Lauise CO~S his wife, to me well known and known fo me to be
` tiie ind~v+duals described in and who eaecuted the foregoing insu~rnent, and acknowiedged betwe me thet they executed the samt fo~ the purposes "
sa
, rnerein expressed. And the said_ ~~Se L. COIDbS
w,ife of the sa~d C laUC~e H• C~bS upon a separ~l! and priv~h
~t exam~nahon by me taken sepa.ate and apart from her sa~d husband, acknowledged to and before me that she execoted sa~d imtrument ft~]y,s~Kj ~volu~ ~
f" ~a•~i and w~thout an com~ ~hiun, constref~t, a rehens.o~, fear of or from her said husband. L
Y Y ~ PP + ~ . S~ ~y, ~ ;
'~y W ITNESS my hand and o4ficia! sea! this___ ___~_L- day of Jan Z ~ ~ j~'~a
- -~1-- ` ' t ' _ , - t
NotHy Pub!ic in and fo ihe Sta1~ of F{otid~ et Lar~(
~z My Comm~saion expires: ~ l~ n _ c~
Retum io: ~ v ry '
F~rst Fede~al Sav~ngs S loan Assoc~at:on ' '
_ ~Ji torr P.,. S' .
Forr P~e~ce, F:;,r~de
- FILEO JCn~J ~:~CAs~DEO
=.3 St_ LUC+.E ~~UMTY ftA_
This lnstr~ment Prepared 8y J. H. RobeZtS ~ Jz . R4C:== ~C TRAS ~~6
: First FederaV Sav~ngs 8 Loan Association ClEn1~. C-._,::T COURT `e
of Fo~t Pierce~ Flozida RECCFC YE= ~'E4~~
Checked By ~ f~ 3 s3 PM ~ 1 Z
bc~r. t~f ~~J~ 2%z2~f~3
• ~
~ _ _