HomeMy WebLinkAbout2595 3. To p'ace a~d co~~~~~~o,s~y ~eep on rhe b~•~ d~ngs now or hE+2diltf ~~vete on sa~d ;and and an a ~ eq.,~p~~ent a,d penona~iv cc.r~ed b~ th;s mor
ege. w:~h all p~e.~.~~TS fnr~eon ;=a d~n f~ll, f~re Ins.,:a ::e .n ihe ~s,:a~ s~ao~,~d p:,: cy fonn. ~n a s~:n ar~•o.ed b; ~ne MCR~:,~viE. + ~ ..,:,ds~o
~nsu~an;e ~n rhe uswi a!anciard po:•cy fo•m, in a a.,m a~t~rO.Bd by fhe A1~RTGAvEE, in svch co npa~y oi co~•; an.es aa ~he ,1',OR1"vAGEE rt+
d~rec~; and all firs and w~ndstorm ~nsu•a~ce po"~c~rs on any of sa~d b.n d ngs. sny intereit tht~ein or pa+t thereo}, in the a99regare sv~^ aro~esa~d
In excess ihe.eof, s~~alt :omam the us~al sta~,d;rd mo~~~~gee c,a~se or su:h other c~a~se as ~he Mwtgagre mey ~tqu.~e. ma\~ng ~hr ~oss ~:zder s_~.d Fw
c•es, each and every, pa~•a5!e to sa~d AtJRTG.4GEE as ,ts ~.+~rrrst may appear, a~d eacn and e~ery suth po:.cy sha'+i be promp+~y ass g~ed a~~.d d.,~~errd
any he!d by sa~d MOR+GAGEE as fu~}he~ srcur~ry fo sa~d n,ong,ge d-cbr, and, no~ ~es~ fhan ten ~~Ql dn~•s ~n ad.a•~.e of ~h~ t~p~'at.en o! each Fw~~cy, to d~
:;ver to sa~d MORIGAG~E a rene~nai tnereof, rogether N~ih a rece:p~ tor ihe prem~um of svch renrwa~; and ~h~re ahail br nu f~re o~ ..,~~.ii'a•,n ~-:swanc
p'eced on any of aa~d b~~:d~o~s, any ~nte~est tfiere.n or pa~t thereof, vn cas 6n The form a~:d ~n,~h the !css payai,:e as asoresa:d; a^d ~e the e.ent any s~~
oi money becomes payable undrr svch po:icy or pol•c~es sa~d MORTGAGEE shali have the opf,o~ to rece~.r a:~d apN:y tne ss~~r on acco.,:~~ of ihr ~~~drtird
neas secu.ed Re~eby w to permrt sa~d MORTGAGORS to rcce~ve and use it or any parr ~hr,eof t.. c:~~ • ~ses ~~_:t +fi ~l
i~g any equ~ty, I~~n w nght under or by virtue of th~s mcrrgage; ar,d ~n the even~ sa.d MORTGAGORS sha~l so+ any reason fa~i to irep fhe Sd~O p~f:nilr3 SO
msured, w laii ta de,~ver promptly any of sa~d po~~c~~s o4 ~ns~~a~ce to sa~d MORTGAGEE, or fai: promptiy to Fay fu:ly any p~e~~~~, m~neretor o~ m a~y
respect }ail to perfwm, d~scharge, exewte, e4fect, comp;ete, compiy wirh and ab~de by ~h~s covena•it, or any part hrreof, sa~d MvR1:,aG[E may p~ace a~d
~ay fp• 1~=1• a^Y Fa.t th~.!w+f ....rMv,~~ warv~n5+ cu afi~rin~ any e~t~an iien,- eqwty, or n~M under or 6r v~rt.,e of th~s Alortgjge. and tht
tvll amo~nt oi^eac~ and every s~ch paymenr shail be ~mmed~ately d~e and payable and shall bear ~nterest from the dase ihe~eof unt~l pa~d at the rate of
n~ne per cenf:,m per annurn and to~einer v~~rh sv<h m~~•est sha~, bc sr.~red by the I~en of th~s mos~gage.
4. To permit, commit o? suffer no weste, imFairme~t a deter~oration of seid p~operty or sny part thereof.
5. To pay all end sing~tar the costs, cherges and etipenses, ~nc~ud:ng a reazonable atror~ey's fee and cosfs of absfracts of t~tle, in:urr~ or paid at
e~y timt by sa~d MORT~;AGEE, betause or in the event of the fa:iure on the part of the sa~d M~RT(',AGOR to duly, pro:npt~y and futiy perform, d~schjrge
~xecute, e4fed, comptefe. comply wah and ab.de by each snd e~~ery ~he stipuiai~ons, agrzemer.rs, condinons, and covenants of sa~d pcom~sso~y note and ~t~ls
~,~rrgage any or e~~Fur, an~ sa:d costs, charges and expenses, each and e~ery, sha~i be immed~ately due and payab:e; vche~her or not fhere be no+,cr d~
mand, attempt to co~~ect or suit pe~~d.ng; and the ful! aawuro of each and every s~ch paym.em shali bea. in!erea+ from ~Fe date thareot unr~l pa~d at the
•e e' n;ne per cent~m F,rr ann,.,rn; anc a1+ sa~d cosrs, cnarge: a~d c,pznses Incurred or pa~d, togeiher v.,th such ~nfe:rst, sAall be sec~red by the Ilen of th~s
mort8sgl.
6. That (a) in the event of any breach of this Mortgage or defau;t on the pa.t of tne MOF7GAGOR, or ;b) ~n the event any of sa':d s~ms of money
herein referred to be not p.om.pr~y and fu:ly pa~d w~th~n tn,-ty ~3J; days ne.! a~t~r the sa~*+e severa :y ~eta^~e due and payab!e, wnho~t demand or oot~ce.
o~ ic) in the event each and every the stipu:at~ons, agretmMTS, to^.d~~:o~s and corenants o4 sa.d pro-n~ssory note and th.: morrgage any or e~ther a~e no1
iu:y, p~ompt{y and fuiiy performed, d s,harged. executed, effe:red, coR+plered, compt,ed w~Th and a~~ded Sy, then in e:ther or any w:h evem the sa~d ag
3~egate surn mem~oned in sa~d prom~sso.y noee then rema~mng unpa~d w+rh mre~esr accr,,ed, and a:~ mor.e~s sewred hereby, shait beco~ie due and pay-
aa e forthw~th, or thereafter, at rhe oot~o~ of sa~d MOw'TGAvcE, as fuidv arwi com~lefe y as il a;i of f!~e sa,d sums of money were o~~g~natly s+!pu:ared
= 5e pad on svch day, anything in sa d~rom,ssory note or ~n tnls Morrgage to the conrra~y norr.•~rh:ia~d,ng; and ~herevpon or thereafter at the op+•an of
s=.d MORTGAGEE, wnhout nonce o• demand, aurt at law or in equrty, there(ore or tnereatre~ begun, may be prosecuted as if all moneys secured hereby
r„d matu~ed p~~w to ~ts institut~on.
7. That ir, the evem ihat at tht beg~nn:ng of or a1 any time pend~~~g any s~lt :~pon this Mo*tgage, or to 4oreciose it, or to reform it, o~ fo enforce
c3.men~ of any caims Ae~eundrr, said MORTGr.GEE sha;i app~y to the Co~ri ha~~ng ~u~~sd.ci~on ther~of for the ap~~ntment of a Rece~ver, svch Co~n sha~l
_~~hvv:rh appant a•cce~ver of sa~d m.o:tgaged proper~y aii and s~~g~~ar, in;;~.ng a~i a~d s~n3,; ar +he mco~ne, p~of~ts, issues ar.d ~@~'Bnu2S irom whare~er
sc. •ce drnved, eaci: ar.d every of wh~ch, if be,ng express'Y undersrood, ~s F.ereby mo•tgageo as ~f spec f~cai;y set forfh and dsscrit~ed in the g~ane~ng and
!~~-~end~m aa.rses hereof, and such Recei.er shau ha+e ait the broad and etiea.ve Tvn~!•O ~S and po.~e~s i~ anywise entruated by a CovH to a Recei~er, a•~:d
s_ch appc~~rmenr sha,: be m.ade by s~ch Cou-t as an ad•n~tted eQu~ty and a rr,arer of aLso:ute ~.gM to said N~ORIGAGEE, a~d w~ih~~t reference to +he
tdeq;,acy or inadequacy of the vaiue of the p.ooerry mortgaged or ro the so.~e~cy or ,nsc ~ency of sa~d MORTGAGOR p the defendants, and That such
_•~s, prot~ts, inco~ne, iss~es and revenues sba~i be app~~ed ~y w.h Recri~er acco~d,ng w the i~en or equity o: ta~d M~RTGAGEE and the practice of wch
COUrt.
8. To d~~y, prompt'y and fuily prrform, d~scharge, exewre, effect, corr+plete, compi~ w~th and ab~de by each and every the st~puiafions, agreements,
:o~d~t~ons and co.enams tn sa~d promnso~y note and tn,s morrgage set forth.
9. That in the event the ownersh~p of the r*:ort~aged prem:ses. or a^.y part t~ereof, becomes vested in a perwn etner than the MORTGAGOR, the
.'~RTGAGFE, its sv<cessors a«d ass~gns, may, w:eho~t nc+:ce to rhe A10RTGHOR, drat w~!h such svccessor o~ s~ccessor fn ~nte~est w~th reference to th~s
~ o~~gage ar.d fhe deb~ hereby secu~ed in tne so~e mn~ner as w~~h N,o-l3ago~ w.rhou+ in a~~y way vit.ating or d~scfia~g~ng the lJlorfgagors' liab~i~ty he~e-
.~der w vpon the debt hereoy sec~~red. No sa:e cf the pre~:~ses hereby mo~tgaged ard no iorbea~a~ce on the pan oi the M~RTGAGEE or its svccessors
asc~ant wnfl nn o~ranc:nn n4 tF~a f,mn fnr tho navmant nf tha ~io1,• 1~e.ahv tPf.~fP[~ mvnn hv the 11lORTGAGEE 6t iti SuC[liiOrf Ot ass:cns. al~all OoC~dt!
ro rr.eaae, dacharge, modify change or affect the o=~g~nal ilau.:lry of the MORLGAGOR herem, either in v.hoie or in part. v
i0. It is speof~ca(~y agreed thaf t~me ~s of the esse^ce of th~i contract and ~hat no waive. of any ob, gar~on hereunder a of the obligation se-
_~•ed hereby shat~ af any time therea'rer be he:d ro b:~ a wa~~zr of the trrms hereof or of the insrrument secured herby.
i 11 In a3d t:oa to the feregc ~z3 mo~thty pa~~-.:nts of pri^c r: and :^.te•es~ requ~rzd by tne p~om sscry no~e s;:ured he~rbl, mo-rga~or covenar.ts
agrees to pay ro riG'tgagee x~rh each Tc~~n y pa,~, ent an aod ?o~.ai ;~m esr ~ aTed b~ mo•~ga~ee to be equai to 1 12 04 ±he an:,uai cosr of the lo~iow-
A-All real prop~rty Taxes ~e:~ed o~ ass~ssro egar:sr : aco~e desc.~bed rea~ es<ate.
j 6-P.em•.,~~s on f~.e anCl w~nd5t0'!T: ic5u~a~CE as ne-e n rcq~.•ed to be ca~;+ed en tne :mprovemeots srtuate on the above d=_sc~~bed prem~ses.
t
C-Pre:.:~ur~s on such mo~tc,;ge guara-ty ~r.sv~a~ ce zs mc•+gagee shaH frcm r me to t:~ne deem fit to carry on the ioan secured hereby.
M.orfgagee s6a <<em r~-.;e ~o r~•ne ~c•~F; marrc;g:r ~n w~;~,;~g of the a^~o~~t d.:e ar,d payable hereundrr aod wcfi s~-n shaii th~reupon be dve and
- .:.ab'e on ttw_ due da~e of the r,ert ~no~i~ir payn-e,st a~~d e~ch successive ~onrh thereaft^r ur.tii mertgagee sha!E not.fy mo~tqagor of a change in such
r~~m. Such su:~s sHa.i ~ app•~ed by morrga~~e :or.a•d tne payment o4 rea` prcperty taaes, insurance prem.~ms. a•~d mortgage g~aranty insurance
;.~•e~r,iVms. ~
~ IN Y~ITNESS WHER~OF, the sa~d MORTGAGOR has hereu•~to set his ha:.d and seal the day and year first aforesaid.
~ Signed, SeaS !!y deliv • in the piesence of: ~
~ Q 1 C A> t5ea1)
3 .
o~e
r t T.~t r i dge tseaq
~ ~i2~Cfa . `i~/'c,t LCJ csea~~
~ '.~'anda P. Fldridye t~aq
~
~ S?ATE OF FLORIDA 1
G' ~ u-
~ '_JUNTYOF ~L. L1C1C' ~
~
~ Befwe rtse perwna~ly appeared Robert i, ~-ICjl' 1G~gP e~
r,'°~Ga ^-Z~~'~~'E his w~fe, to me welt known and known to me to be
rhe individua;s desuibed in and who e~ecuted the forcgoeng instrument, and acknow:edged before me that they executed the Nme for the purposes
- iherein e:pressed_ And the sa~d_-_ ~~anda P, i1~ZidC)F }
+~~fe of the sa~d _ ~ODE t L I. F Zt?r ; dC~e _ , upw~ e u~arote ~nd privare
~ e:am[nat~on by me taken separate a~d apart from her sa~d husband, ackno5v~edged to and befwe me that she execuied sai~.intlttrr~enf freely and voiun-
rar~ly and w~thout any com~utsion, constraint, appreh~enrys.o~~ fear of or from her said husband. ~
- WITNESS my hand and off~nal xal th~s_----JL~61[~. day of uary ~ A. 19
. :1
- Notary Pub~ic in a~+d for Ih~ Ns ^ F{oriS{~.~f ~ry!
My Comm~ssion expires: % : ~ . ?
- R turn 1
- e ti^~nF~ICnU,9_1~. 9'fF,:F~tC~°'",. L;R:c
= First Federal Savin s 8 Loan Associat:on ~y~ -
w 9 1.•Y G.:M'1f~ vt iY'4 _ i_
..y Of =Urt ? t-t?. F.'ti:ld~ fij L`~~v_'!r ~ _ . . ~
`.-,3
iort P~erce, Flor~da
-
~ G ~~C~~ROf~
~i. al;t+fY fl .
This Instrument Prepared By J~hn k. Col lins *~``~~S
,~1 t~x ~ i ~ CGUt~,~
= First Federal Sav:ngs & loan Association P=C.F~ ""0,~.~.,
of Fort Pierce , F lor i~~
aft Checked By i H~~~
go~~ 1y8 ~E~592 ~zz2~~
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