HomeMy WebLinkAbout1864 To piate and co~tinuously Aeep on the Vu~ d~n9s noyv or i~ereeitei f~t~ete on sa~d land and on a11 eq~ipm=n1 nr•~d persona~iy covered by this mo~
ege, wa~ sll pronuums ~hereon pa.d ~n iuli, lire in~u~anca !n the un,a! s~.+~~ard ~ai~cy fo~m, in a sum appro.ed by tha MO~t~vAGEE, a~ d w~~~Jsto
:nswance in the usual standa~d pol:ty form, in a wm approrrd by ~ha A10RTGAGEE, in wch cnn,pa~y or com~,an,ei aa ~he 6102IGAGEE m
d,re:r, and all (ire and w~nJsio~m inw~ance po:~c~ei on any of ~a~d bu~~d~~gs, any interest therein or part ther~of, in ~he a99re~a+e ium ato~rsa~d
in eacess therenf, ahall cont~in ~he usual itandard mw~gagee dause or such o~hrr c~ause as ~he Matgagae may req~,re, mak~ng ~he ~oss v~dr~ se~d po
c~es, each and every, PdyJD!! to si~d MORTGAGEE as ~ts ~nrrresr may apaea~, a~d each and eve.y ~~ch po~,cy shall be p,ompt~y ass g~ed and dr~~vrred
eny held by sa~d htORlGAGEE as fw~her aecvnty fo s5~d mortgage deot, and, oo~ ~r~s then ten (101 d,~ys ~n ad:a~:ct of the exp~-a~~on ot each po~~cy, ro d.
!~.•er to ~aid MORTGAGEf a renewai thereof, loge~her w+th a rete~pt for the pre~ni~m of s~ch renrwa:; and thrre shall be :w f.re or .v~~~d~~o~~» ~~'3~~dnC
ptaced on any of sa:d bui!d~ngs, any interest there~n w pe~t the~eof, un'~sa in !he fp~m a+d w~~h the ~oss Na~ab'e aa aioresaid; a~d in ~~e e.eM a~~y w~
of money bccomrs payable undrr wch po~~cy ar po!~cies s~id MORTGtiGfE shatl have ~ha opr:on ~o recr~.•e ~~~d apyly t~e wr+~e on ar.ouat o( ~he ia~drbt~d
ness sec~red hereby o~ ~o prrmit sa~d ~AORTGAGORS to receive and use il w an~ p.ert ih~reoF tor o:~••r F.u~: ~scs. .•::~h;,;t !hz•~ c, .,a~.:+7 ~~~p..~'
~ng any ~qu~ty, Gen or r~gM under or by virt~e of this mor~gage; and in the evrn~ ia~d MORTt;,AGORS ahatl `or any rcation fail to kzep ~he se:d prem~sas so
lnsured, o~ fail to dr~~ve~ pro+~ptly any of said pol~ues of insu~ante ?o sa:d /~10RIGAGEE, or ra~i prompNy to pay fwly any prr~»•.::n therrfor w in a~y
re~pett (ail ~o perlorm, discharge, eaec~+e, ef}ect, comp'err, conply w~ih and ab~de by this covenrnt, or any pa~t hzreof, sa~d MGRTGAGEE may p~ace a o
pay for such ~nsuronce o~ any pe~t thereof w~fho~t waivirg or afiecting any ophon, i~en, equ~ty, w n~ht u~drr or by v~rtue of rh:s Mo~tgage, and nc~
fu'i a~nounl Of each and every svch paymtnt aheil be ~mm.ediately d~e and payeble and shatl bear interest from tha daro therrof unt~l p~~d a~ the rate o1
n~re per cent~m per art:w:n and te~e~har wifh a~ch lnterest sfiau be srwred by the Gen of this mortgage.
J. To permi~, commit or sufier no waste, impaim~nt or deterwrat~on of sa~d property or any pa~r +hereof.
5. To psy all and s~nguiar tix costs, charges and expe~ses, inc;ud~ng a reasonable atto~ney's fee and costs of absrracts of t~t1e, incurred o? pa~d at
eny tiT:e by aa~d MORTGAG°E, because w in the event of the fa!iure on ti~ part oF ~he said h10RTGAGOR ro duly, prompdy and fv'sty pe~fam, d~scharge
_recute, effed, compiete, comply wnh a~d ab:de by each and every ~he stip~ia1~ons, agreemenrs, cond~f~ons, and covenams oti sa~d p:a.~~sso~y note e~d tF.~s
,:,orrgage any o~ e~ther, and sa:d cosrs, charges a~~d e,~pcnses, each a~d every, sMii be immed~ately due and payab:e; whether or not there oe nor~ce da
mand, attempt to collect w suit pe~xl:ng; and ~Ae full a~no~nt of each and every wch paymen~ ~hall bear ~nn.rest f:om ~he date rhereof umii paid at ~ne
;:r: oi nine per tent~m Yrr annun; and aU ~md costs, charges a~~o rApar.ses incu~~rd or µaid, together w~eh suth intuest, shal~ be secuied by the tien o1 th:s
mortgage. •
6. That (a) in the evenr of any b~each of ~his JNortgagr o~ default on th~ part of the MORTGAGOR, or ~b) i~ the evem a~y of sa:d iums of money
t,~rein refe~red ro be not pro~~+p~iy artd i~siy pa~d w~~h~n th:rty ;30? days nex! ar~er the s,n,e se+e.a';y teca~~e d~e and payab'e, w~~hJJ~ dema:~f~ or nence.
or tc) in thr e~ent each and every the stipu~ar~ons, agrrements, condr.~o^s and covenann of sa d prom~s:ory nore and th,s morrgage any or e~tMr are not
j~iy, prompNy and f~:~y pe~lonned, d a:harged: execu~ed, rf}e,~ed, ta~p:etrd, comp~.ed w~+h and ab drd Sy, then ~n erther or any svch eren~ the sa~d ag-
3•egare sum rr~em~on2~d in sa~d pron:~ssorr no!e th:n ren,amin~ u:~Ua~d- with interc.r acuued, and a:: mor.eys SeNred hereby, shall becon:e due and pay-
ao:r for~hwith, or ~hereafter, at rhe opron o? so:d AlORTGAGEf, as fu,~y arci cor~:p;e~e~y as ~f a~i of rhe sa:d auma o{ money were or~g,na~ty st~pu~ated
be pa•d on such d:.y, ar.ything in sad prorr.~ssory note or in :h;s ti~o:tgagr ro the :o~~rary nos:.~~hsrar.d::ig; and thcrevpon or therrafter at ~he oµ~~on of
s~.d MORTGAGEE, wifhaut not,ce or demand, suJ at tew or in equny, tnerefore or thereat~er begun, may be prosecu~ed as if all moneys secured hereby
r,,d matured pnw to ~ts ~nstitut~on.
7. That in the evem that at the beginn~ng of or at any t,m.e pend:ng aoy s~~t ~pon th]s H!o~tgage, or to for~dose it. or to reform i?, or to en(crce
~aymem ot aay daims hereunde., sa~d ~AJRiG'+G~E shalt appiy to the Ceurr ha~~n~ ~u~ad c:.on thr.eut for ~he appo~nunrnt of a Receiver, such Court shait _
'u~ihw;th appo~m a rece~ver of said martgayed proprrty a!{ a:~d singu:ar, inc~~d ng a.~ a~~d ::~,g~~ar r~e ~r.come, profns, issues a~d revenoes I~om wharever
s: ~~-ce drnved, each and every of wl~,cr,, ,t be,:.g eap~i-sa'y unde~s!ood, ~s ^er.ep mer!g~g~~d as ~f spec:fica::y set iwth and dex~~brd in the granhn~ and
!_~bendum dauses hereof, and wch Rece~ver shait ha.e ait fhe br~ad and erira:.•e i~nct.o~~s ar:d powers ~n anyw~se emr~ated by a Co~r~ to a Reteive~, a:~d
s_ ch nppointme~~t shatl be made by wch Courf as an ad niitrd equ:ty and a ma+ter cf a:,se:~rr r.ght ro sa~d R'tORiGAGEE, a~d v~~rthaut referenca ro ~he
aueq~acy o• inadeq~acy of ~he vel~e of the properry mo~tgaged or to ~nz so.en,y or ~nso'1anrt of sald MORTGAGQR o~ the drfrndants, a~d ihat svch
~n, pro(its, i~cane, issues and revenues shaiV be app~~ed by such Recc~.er aaord,:~g to the Grn or eg~~t~ of sa~d MORTGAGEE and the p~achce of su:h
Ccurt.
8. To du'.y, prompt!y and fuily perfo~m, dncharge, e~ecute, el~ect. com~ierr, comply v~r~th and ab;de Ey each and every the st~p~lations, ag~eemeNS,
:onditions and covenants ~n sa~d promissory note and th~s mortgage set forth.
9. That in the event the ownersh~p of the mortgaged prem~ses. or any part thereof, becomes vested i~ a person other than the MORiGAvOR, the
.•LRTGAGEE, irs successors and a:s~gns, may, w;:hout no:fce to the ~tiORtG~OR, dea~ v.,th s~ch wccesao~ or successor in {r.teresi w~Th refere:~ce to th~a
o~~gage and the deot hereby secv.ed in the same manne~ as with !.tongago. w~fhout in any way vir~at~r.g or d:scfiarg~ng the h~oregagors' iiabii~ry here-
:der w upon the deb~ hereby srcured. No aale of tt.r Fre~~:~ses hr.eb~ mo~rgoyed ard no forbearance on the pan of ~!K MORiGAvEE or irs svccessors
cr ass~9ns and no exter.sion of ihe t+me for the paymE~t of the drbt hcrcby sec„~ed g~ve~ by the MORiG~GEE or its s~ccesson or ass gns, a~:a!1 operare
~o reiease, d~xharge, mod~fy change or afFecr the or~g.nal t{au.irty of fF.e MORtGAGOR here~n, eitner in who~e or in pan.
I 10. It is spec~fica(1y agreed that rime is af the esse~ce of fh~s convaa end that na wa;ver of any ob~:gar,on hereunder or af the ob:igation se-
c•.;.ed hereby ~halt at any time ~hereaher be he:d to be s rvaiver of the te:ms hereoi or of the instrumeM secu.ed herby.
~ 11. In aJd:ron to the iore o n, month'y aymen!s o! ~ c al and u~terest re u~~ed b the rom sser no~e sr:vred hcreb/, mo-t a or covenants
't 9 ~ V i~' P 4 Y P Y ~ 3
~ d agrees to pay ~o mo:tgagee wrth each monih:y ~;ay~.;~nt an add:•~onal sum est•~:ated b~ mo~}yagee to ~z eyvai to 1, 12 of t;:e am~uai cost of the fo~iow-
~
~ A-AU reai property taars le:;~d o~ aszessed ag~r~st :h•_ a~ove desv~~ed r.al estare.
i B-0r~.ni~ms on f~re and wir.dssorm ~nsur~rce at here;n reqo:~ed to be carr:rd e~ the :mproveme~ts situate on th~ above d~scnbed premises.
i G-Premwn s on such morrg>ye gva.anty ieiur~~,~e as mo~tgngre sha~l frorr ; me +o cime deem fit to carry ort the ioan secured hereby.
c
- Mo~tgagee shai from n,ne to n~.:e nenfr mor~yjgo• ~n wr~t,ng e( tht a~o;,M d,e and payable here~ndrr and s::ch su-~* nha:i th,r:eupon be due and
~ .=;able on ~he due ~are of rhe ~~e.r r.}eMh:y pay~.~e:,t a~~d e3ch succeu~~e ^~o~~~h the:eaf!~~ v.r~l mortgaqee sha;l no~~fy moragagor ot a change in svch
5 -.um. Su.h wms sFa~! be a;:p:~ad by mortgagee sowa.d ihe peTment of rra~ p•eperty t~~es, insura~~ce prem.u:ns, a:~d mortga~e guaranty ensurar.ce
~ . e~niums.
~ IN 4'J17~JES5 :VHEREOf, rhe aa~d h10RiGJiGOR has hereunto set h~s har•d a~d seal rhe day and yea~.firs~ aforesaid.
~ Signed, a~ed and dz~ivered in the esence of:
rs~a~~
. ~~x~-
Y _ t _ Iar~rrence E. Hostetler t~,,~
~ , ~~e~ `~~!'L`r~ic (Sea~?
~ e e Hostetler ~~a,~
~ 5 i ATE OF FIORIDA ~
Sti L11C ~@ SS.
~ . JUNTY OF ! _ 1
~ Before me perwna?fy appeared L~M12 eCIC@ E. Ho3t8L1@I' a~d
~ _ net*..e Hostetler _
his wi(e, to me weli known and knOwn to me to be
!hz indivld~als descriEred in and who e~cecuted the foregoing instrumem, and atknow:edged befwe me that they executed the same fw the pwposes
rherein eapresud. And the said ~1i1Ct+tiC Hostetler
~ fe of the said ~MI~8i1Ce T'i• Hostetler ~Po,, a 3~x~
~g ~~.am~~at~on by me taken separate and apart Irom her said husband, acicnowledged to end befo~e me that she executed said instrumecst fresly ~d volun-
` can:y aod w:thout any canpu:sion, consrraint, apprehers~oq,~or feer of o~ from hrr said husband. : '
` , ,
- WITNESS my hand and offic:al seal th~s_- _____~Sl day of_~ FBbI'Ua A, D. 19 ~2
- ~
hot y Pubtic in ~nd fw the St~te of qoiids N larpe '
y~ My Commistipf ~xpire~: ~ ~ ~ ,
Ret~rn To: ~ O x . _ ~
~ -
Firat federal Savings 3 loan A:sociat~on
Oi iwt V<:ce
fort P~e:ce, Flondj
i~ i~cii ~o~~~r
lt06ER ~O~T~Ai - - ~
OllRX C1RCN+t COUIlT ~ ~
This Instrument Pre ared B RECOIID VER~FICO~
p y J. H. Roberts, Jr.
- First Federa! Savings & loan Association 3 z~ PM ~1~
of Fort Pierce ~ Florida
Checkeci By
~
223"1'
8~3
i~ ec~cK 1~y e~c~ 1~~