HomeMy WebLinkAbout2593 3. To piace and cent~n~o.,s'~v keep on tne b:,. d~ngs now or he~esietr ~t„nte on s~~d !and and o~ a!~ eq.~:p~-~e~+ ana perso~slty co~ered ~y ~h~s mor
ege, w~h all p+emw-ns ~i+e~eon pad ~n f~~l, f;re ~.~s~ra.^.:e :n +ne ~i:~ai s~~~va~d pe'!cy form, in s s~~m dj:r~~Jiid b~• tnz Mi>K•v=+~3:i. a~d v~~:~u~~o
~nsursnce en ~he us~al s~a~de*d ~~o:.cY +o~^~. m.1 SJT a;:p:o.ed by ~he MJRTG~GEE, in such tompany or ca•*~~ art:es a: ihe ,~'ORt~•AG:E ~n
d~reU; and all fi.e a~d w;nJs~orm ~nw~a~ce po`~c~rs on any of sa~d b~,~~d:ngs. •ny inrrrest fherein or pa~~ the~eof, in ~he agg~egaTe su:n a+oresa~d
in extess thereof, s~eN .'On!oin the usvsl standard mo'Tgagre c;ause ar such o~her c a~se as the Mortgagee may req:,,re, ma~~ng ~ne ~css under f.~~d po
c~es, each ~nd e~e~y. payab:e to sa~d MORiGAGEE as ~ntrrcU may eppear, e~d ea.h and e.e~y wch po~cy •ha~t be p:ompriy assg~ed a^d dr.~.a~ed ~
eny heid by sa~d MORTGAGEE as iu*,hr~ s::uruy ~o sa~d n•or~ga~e deot, ard. net iess than ten t:0! days in ad.a~~ce o! fhe eap~~ar~on of each po.,.y, to d.
Lve~ to sa+d MORIGAGEE a renewa: tnereof, ~ogether a~th a rece.pt for the p~em,~m of such re:~e.va'; and the~e sl,a:l pa ~w f,re or w::~•d»o~~n i~.wranc
p'aced on a~y of sn~d b~~~d~n9s. any Vnte:eat ine~e~n or part thcreof, ~-'eas in ihe form a~d ~nh ~he iess pa;at'.e as a~oresa:d; and ~r rh~e e.ero a~y s~~
of rt,eney brcomes payah:e undcr s~ch pol~cy or poi:c~rs sa~d YiO~IGAGEE ihail have rhe op~.on to rrc~:.e e.d apy y r,e sar,,e on ar.ou~f of ihe ~ndr:TCd
r.ess aew.ed hereby or ro per.:;t ead MORTGAGORS to recr+ve and ~se it w any prn ihr'cof iur e•r~~~ ~,;~.osts ...+•r•_' ih°•~-
~og any equ~Ty, i~en w~~gni unorr o~ by v~rtue of th~s R:or'~age: ?~~a m ~ne even~ ~a.d AS~Rivsi:~ORS sn3'i :o• any resscn le~~ to ReeN the sa:~ ;re.^~,scs ia
~nsvred, or fa~t to dz~~~er pro:np~iy any ef sa~d pe~:c rs o! ~ns~-ance to sa:d MORTGAGEE, or ia~ p:ompriy to pay fu.:y any prc~~r,~.,~n Ihert~ot or ~n a~y
respea fail to perfo.m, d~s.har~e, eae:~Te. e{+ect, compietr, co r.p!y w~Th and ab~de by th.i covenaoi, or any pa~t hrreof, sa:d MOR'::aAGEE mjy p,acr a a
pay fw such insurance or any part thereof w:thout wah~n9 or affectiny any op~~on, lien, equ~ry, or n~hi ~nde~ w by v~r+~e of thls Me~tgage, and ~hc `
!;,~1 amoum o~ each and e.ery s.;ch payment sha't be i:T,mediateiy due and ~ayaG~e a~d shall bear ~nte+rst trom ~he data ~~ereoF un~~l pa~d a~ tne rate o~
~~ne per centum per ann~~n on3 ~o3etnrr ,,fth s~cn ~nTZres~ sna~• be secured by the i~en of th~s mort~age.
1. To permit, commil Or aufter no weste, impa~rmem or deterwra~~on of sa~d prope~ty or any part thereof.
5. To pay all a.~d sing~~a~ the costs, charges and eRper,ses, ~nci~d.ng a reaio~~abie artomeyb fee a~d cos~s of a6stracts of t~t!e, inc~rred or paid at
a~y time by sa~d MORTGAGEE, because or in ~he e.•e^a c+ ~he fa.!we on the ~art of ihe said M~RTGAGOR to d.,ty, pro~~+p`ly and (u:~y Ferfo•m, d~scha~ge
e.ecute, eftec~, cor.~p:E~e, co~np!y w~eh and au.dr by each and e.ery rhe s+~p~!ar.ons, agrerments, cond~f~o»s, and co.enaets of sa~d p~o•n~saory nofe a~~d ih:~
.r.ortgdge any or a+her, and aa:d cosn, charges and eapenses, each and e~ery, sha~i be ~minrd~etety dur and payab.e; whe~her o~ not ihe~e be nof~ce d~
~:a~~. atte.^:Y~ to co,~ect or su~r pend.r.g; and fhe ful; amount of ea;h and every svch payn~eN shail oea~ in!e~es+ from the da!e thereof vmil pa~d at t~.e
•~c oj n~ne per ccn~,,m ;,:•r a:...,,-~; e~~c e~. sa~d cos+s, cna:ges a•,d ervr~ aea :ruvrred or pa~d, to}ether ~n-,ih such ~nterest, shait be securrd by the i~rn of th~s
,nortpa9e.
6. That (a) in the evem of any bieach of th~s Morrgage or defaulr on •t~e part of ihe MORTGAGOR, or ,b) in the event any of sa:d wms of money
herei~ referred to be not F~c~,:ptly a~d fuiiy pa~d ~n~rnr th:rty ~3'v; days ne,+ a~+e~ tfie same ae.~ero'iy oe.a•,e due and payab'e, w~thovt demand ur nor;ce,
o. ;c) in the event each and every ihe Stipuidtio~s, Dgreements. cCnd;r~or.s and corenants of sa d p~om~ssory no~e and th.s mortgage any or e~ther are not
i~!y, promptly and fu:iy performed, d.schar~ed. exe:~ted, effe:te~ tornp~eced coma::ed wnh and a~~ded Sy, the~ in rther w any su:h event the sa:d ag
~regate wm n+~nnoned ~n sj~d p.om~ssory ncte t~en rema~ning unpa~d, v`ith ,n;err,t ac:~urd, and a:i morzys setured hereby, sha;l become due and par-
ec e forshw~rF., or thereafrer, a~ the cpnon of sa~d MJ+2~GAGEE, as fut~y arxi comp:ete'y aa ~f a!i of ihe se.d s~rns of money were O~~g~na~ly sf.p~:ared
rc be pa.d on s~ch dty, ar.ything in sa d p~a:r.ssory n;,te oj irt th~s Mortgage ~o the conrrary not v~ihstana~ ~g; and thereupon or thereaiter aT the opt.on of
s=.d MORTGAGEf, w~iho~! r.of~ce o. demand, surt at ;aw or ~n equ~fy. rherzfore or thereaiTer begun, ma~ be prosecuted as if ail moneys sec~red hereby
?-d matured pnOr lo ds mstnuT~on.
7. That in the event that at rh~ beg~nn~ng of or at any nme ~end~,~g a~y su~t vpon th;s Mortgage, or to fweclose it, or to reform it, or to enforce
caym¢m of anv c~a:ms he~eundar, sa~d 1110RT~,AGEE s~a:, appiy to the Cew~ ha~~~,g lw~sd.r..un ~h.:reof for fhr ap~umtmem of a Rece~ver, such toun sha~!
tc.•~hwlrh appo+n~ a recei.e~ o! sa~d r~:ortgeged property a~: and s~n~~iar, includ ~g a~~ a~~d s:ngu.ar ihe ~^come, prof~ts, issues a~d revenues from whate~er
s_.,•ce derlved. each ond e:ery of wh:ch, ~f be~r.g express:y unders+ood, ~s he~eoy mcrrqaa~-d as spec.f«aiiy set torth and described in the graroing ar.d
,bendum c~avses hereoj, and such Rece~.er shali have a:~ tF.e b*oad and eftecr.ve f~~,r. ons a~d po,oers in anyw~se entrusted by a Cou~t to a Recrfver, a~d
:_cn appointme,~t sha~- be r.:atie by such Co:,it as an ad~hdtrd eq~~ty and a matter cf abso ~re r,gnt to sa;d MORTGAGEE, a~d w~tAcut reference to the
adeq,,ecy or inadeq.,acy of the vaive of the properry mo~tgeged or to the so:vency or .nsc .ency ef sa~d MORTGAGQR p the defendants, a~d that such
+s, prof~ts, inco.ne, ~ssues and revenues aha~i be appi~eo by svch Recc~rer accord~~;g to iha i~en w equ~ty of sa~d MORTGAGEE and the procnce of such
~~u: t.
B. To [IU~Y, PfOTF!~y and fcily p~,fo+m, d~scha.ge, exec~!e, eife;r, co-np:ere, corrNly v~~!h and a5~de by each and every the st~pu;ations, agree:nents.
:ond~t~ons and covenants .n sa~d prom~ssory note and th:s m~rtgage sr~ fo•tn.
~ 9 Tha~ in the event rhe ownersh~p of th> mo.~goged prem~ses, or any ~art tnereof, 6e:omes vested in a person other than tise h10RTGAGOR, fhe
~RTGAGE~, its successo.s and ass~gns, may, w~fho~r no~~ce to tne A~O~CTGApR, deal w~th s~ch s~ccesso~ o~ s~ccessor ln ~nterest wnh reference to this
~~o•Tgage and rhe debi hereby sewred in the same man~e+ as wch !.tcr:~ago. vr~!ho~t in any way vi~:asing w d~xhar9~ng the Idorfgagors' liability Furr
.~.der or upon the d~bt hereoy sec.,~ed. No s~ e of !he F-e-,sNs h~reoy mortgaged a~d no forbearance on ~he pan of the /~AORTGAGEE or its svccessors
or assigns and no eaTension of the nrne ~or the payment of tht deb+ hereby secured g~ven by the MpRTGAGEE or ns wtcessors ar ass:gns, shall operate
ro re~ease, d~scharge, mod~fy change or affect tne ong.nal !;ao.;.ty of the AtORTvAGOR he:e+n, e~ther in who~e or in part.
10. h is specfcaiiy ae.eed rhat ~~me is of tne esse~cr cf ~hls contract and that r.o waiver o1 any ~b:~gat~an hereunder or of the obligation s~
cv~ed hereby shal~ a~ any t;me tnereahe. be he:d to be a vle~vrr of rF.e te~ms he.eof or of the ins~rvmem se:~red herby.
~ 1!. In addT.c.~ *o ti.e 'roregc ~g c:cnth r ayn.^n•s ot ri^; pa. and ~nrer=s' rea~:r~.d py !he proT sscry nore s_cvred he.~•b{, mort~ayor tovenants
j ~ ~ agrees te ~ay rc n,;,-tga~ce ,~.:rn eacn r.~o^r~
y;.ar` e•n ar. ao~. ,c•~ai s.:~n ~sr , ared by n:or~~agee to be eq~a~ ~0 1 12 of !he annuai cost of th~ foiiow-
- t
~ ~
A-:.U rea~ c~ope-~y taa.:s iev~e~ or assess~a a^y3~•,st th~ ab~ve desc•:~•_d re~i estate.
g-p.ec,~~Ts on f..e and ~,~ds+o~-r ~ns~+a .e as here~n .cq.;.red to be carr~~d r~ ?he :.~rove~ne~ts s;tuate on thc above desc~ibed prem~ses.
C-Premw^~s on s,.ch mo'Tyage g~a•a.^.~y icsu•a: ce as mo~rgagee sna'~ 'rc~r r^e ro t~ e deem }it to carry on the loan sec~red hereby.
'`r,
Mortgagee s~a i`~orr. r,-~,~ to ~ime ne~~iy mo~tgagc• ,n wnt~ng ef the aTO.,~t d~e and pa~able hereundrr and such suT sha!I thereupon be d~e and
: _,able o~ tfie d~r de!> cf sne r,N>f mo~th ; payrr:nt and e::cn s::ccessrve -*cvh t'r.ereafter ur.'il mertga~ee sha!I not~fy mortgagor oi a change in such
o.,m. Sucfi s,.~rs s4~., i:e a;:~:~ed Ly mortgayee,to~na~d me payme~T of rea! prope.ty raaes, ~nsu.ance prem:u:ns, a•ed mo.tgage gua~anty insurance
: ~~e•~iums.
~ WITNESS '.':HEREO~. the sa~d h50RTGAGOR has hereu~to set h~s har.d and seaf the day a ar first afe+esaid. A
` ~ S" , Seated and :d~iiv red in the presence of: '
~ y ~ ~
~ ~A~~
" _ ~ ~ ' ~ ~ ~ (Ses:)
- t
- - - ' (Seal)
~ - (Seal)
:v
: STA7E OF fLORIDA ~
~ ~~U!JTY OF S'C. Lucie ~
~
~ Jaaes 8 Bzinkle
~ Befwe me persona~fy appeared • ~I and
~ Nellie B• erinklev his wife, to me we~l known and kno+vn to n~e to be
rhe individ~als descr;oed in and who e,cecuted the foregoing instrument, and acknowfedged before me that they executed the same tw the 'gvrpoa~s
I~ !herein expreased. And the sa:d__ Nell ~e 8. Brinkl~v . t:;~%,'
- N,±e of ~,a - Jaaes B. Brinkley ~
- , upon a sepa~afe M~ p?ivsr~
_ r,am~nat~on by me taken separate and apan from her said h~sband, acknowledged fo and belore me that she executed said instrument fr`11y a~d volyo- _
- fa-~iy and waho~t any co-r.p,,fs~on, consrra~nt, apprehens, n o~ fea: of or from her sa~d husbar.d. _
- WITNESS my ha~d and otfic~al sea! th~s__ ~~~,J__ day of_ .J ~Y -A D. lg~:..
% ~ ~ ~ ~ .z
-J~~1 ~ C~.~' ~_t ~ ~Li,b.~. .r~ -
Notary Pub!~c in and r tlrie State of f{oridA yt L~ ,s~~
My Comm~ssipn expiret: ~ ~1 ~ ~'~,f, '
= Return To: ~ ~ ~ `L ~
First Federal Savings 3 loan Associa!~on Q ~ a-'S~
Of Fc,~a P t:•ce d
Fort P6e~ce. f:;,.:,ie
itlEO a?+G ~EGO~DED
- ST IUCIC C~UMTY FlA•
ROCE~' ~ ~:!TRAS
Th~s Instrument Prepared By Mllo. B. Braun CIERK C~~ G'J~T CdURT ~
First Federal Sav,ngs 8 Loan Association RFCGP._.vE=1fiED.~.~----
of Fort Pierce~ F~oilda 3 5u PH'TZ
Checked BY -
~;~~~5
6~oK 1y$ P~~~2590 ~
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