HomeMy WebLinkAbout0146 3. To p'ace and tontinuously keep on ihe bu~ du~gs now or hereaftrr situate on sid land and on ai~ rquipment and pe~sonal!y~ tovc~ed by tF.is mor
egc, w~rh alt pren,~~~T,s thrreOn pa~d in fuil. 1~re ins..rancc in tlr3 ~w.~t Stand~rd ~cy iO~m, in a sum aHNrwcd by Ihe h!Uk,v.1'vEE. a'~d w~ .1sto
~nsurance in the usual ara~,da~d po'.cy fo~m, in a s~~n a~:pro.ed ~y the AtORTGAGEE, in such canpany or co:n~~an,es as rne ~'•JK1i,aGik ~n
d~rett; a~d all (i~e a~tid w~nJswrm insu~ance po.~c~cs on any of sa~d b~~'.d.~qs, any interest thercin or ~~a~t thereof, in ihe ag9~•_gs'e su:n d~Cfcl3~d
in excesa thereof, sAall :onrain +he us~:.l ~tand~rd mort9agre c:ause or su;h o~her d.+uie •as the Mortyagee may requ.re, ma?~ng ;i~r ,cis unJ~~r ~.,.J po
c~es, ea:h and eve~y, pa;~h~e to said ~\1JkTGAGEE as ~n ~mrr.st may appea~, a•~d each a~~d eve~y such po:,cy sh,~ll k~e prJmptiy ass g~~~~~i s:~d d~_•~.~~~d
a~y held by s~~d hIOR[GAGiE as (ur~hrr src~r~ty ro said n:ongage dcut, a,~d, no~ 'ess than ten (10) d3YS i:, ad.~~+ce of the ea~ ~r~r~on of e~:h po:,cp. to d~
Ilve~ t0 Sa~d n~ORrGnGrE a reaev:.il ihereof, togethzr with a ~ece~p~ fOr the p~e^~~um o~ Such ren.t,r.oi: a;:d th_re sh~:l ba no f~re u~ i'~wr~nc
placed on any of sa~d b~~!d~nys, any intrrest ehrre,n or part rha~eof, un'~ss in ~he fcm~ and w~th the io:s pay.,L!e a: atcres.,~d; ~cd the e:r~~t a~y s:;~+
of money Eeco~»es payable under such pol~cy or pol,c:es sa~d I.10RTGAGEE sh.~lt h,ve rhr oN~,on to rec_~~e .:~~d app'y :i~e san~e on ar.ov» ol ihr ~,~d~-:.'~d
neis sec~red hereby er to perm~t s.~~d 1AORTGAGORS ro recrive and use it o~ a~~y a:~~ th~•r~~of fo. o-~~•+ ~.ur ese•s. ::.u~._t i~~ •:-,•~'1
~ng any equ~ty, I;en or ~~ght under or ~y virtue of ihis mort9agc; and in the evrnt sad hIO~TGAG02S shn!I fo~ any rreson ia~l ~o k_ep rt,e sa~d {~r.•~~~:s,s so
i~sured, or fail to dei~ver promp~ly any of sa~d po~~c:es of insurai:te to se d h50RTGAGEE, o~ f;.ii pr~mptly to pay fu~ly any n ti~_r<tur or ui a~y
respect lail to perfo~m, d~s.harge, exec~te, efiect, con~piete, co:r•~ply v.~th and a5~de by tt,~s coven~.:r. oe any p.+rt hareof, s.+~d htvRi~:G:E n~ay p•~c•- ~ a
pay for such insur~nce or any part ~harcof wrthout waiving or affecting any op+~on, i~en, eyu~ty, or r~gh~ u~~der o~ b/ vi~r~e of th;s ~~~Jrt7~~C, 3nd shc
full amount o( each and every wch payenrnt shall be ~inmediately due and payable and sheit bear interest from tha date th~reof ~nr~t p..~d ar the rate o1
n~ne per cantum per ar.nu~n ond to~cth~•r v~~:h such inter~st s~~.+~~ be secU.rd by the tien of th~s mortga9r.
4. To permit, comm~t or suffer no waite, impainnent or detar~orat~on of sa~d property or any part th~reaf.
5. To pay all ar.d singular the tosts, chargeS and eapenses, ~ncludmg a rea;onab!e attomeV~s fee and cos~s of abst~acts of tit(C, inc~ned or paid at
~ny ti~ne by sa~d AAORTGAG~E, beca~se Or in the' event of the fa:iur~ On the patt Of ihe SdEd h1C~.RTvAGOR to duiy, pro~.~~ptiy ant~ fu:ly partorm, d+sciijrya
exewte. ~ffeet, eompte~e, co+nply w~th and ab.dr by each a~d e+ery the stipu!at.ons, agrremants, eond~~~uns, ar.d cove~+anro ei sa~d Ero~~~~;sor; ~eote a~:d rh;s
n,ortgage any or e~~her, and sa:d cosrs, char:3es and expenses, each and ~very, sha!! be immed~ately due and paya~ie; wherher o~ not ihore be nonce d_-
mand, attempt to cotlect or s~it pend,ng; and fhe futl a~r,ount of each and e~e~y such payment shali bea* imerrsr from the dafe the~eof umil pa~d at the
,re o~ n~ne per crnrum per ann~ n; a~id a~l sa~d cosrs, ci~ar3es a•~d e¦;;e~:ses ;nc~:red or pa~d, ~oyE~f,~. .v~th wch inrer.:st, stiall be secur~~d by thr I~en of th~s
mortgage.
6. That (a) in the event of any breach of this N4ortgage or defau:t on tFw pan of the ti!ORTGAGOR, or ~b? in the event any of sa d sums of money
herein referred to tr not promprly and fu~Iy paid wrti in th,~ty ~3~) da~s next a~t:•r thc sa•r~e seve•a',y Geco~ne due and payable, wnho;rf dc~nand or nonce.
or (c) in the event rach and eve~y the stip~iahons, agreements, co~:d,;~o~~s ar.d covenants of sa d promissoiy notc a~~d th,s mortgage any or enher are not
~~Iy, promptly and fully performed, dscharg_d, exec~ted. effected, completed, co•»pi~ed w~~h and ab+drd ~y, then in e~ther or any wch event the sa.d ag-
~regate sum mentioned in said promissory note then rama;r.~ny unpald. ~vith ~ntrri,t acu~Ld, and a~t moneys so_~red i~ereby, shail b~c~n:e d~~ an~ pa~-
ao'e foithwith, or rhereafter, at the cp`~on of :,,~d AtORTGAGfE, as fu~ly and comp;ete:y as if ali of the sald sums oi n,oney vee~e or~g~~~a.Iy st Hv,ar~d
to be pa d on wth d:.y, anythin9 in sa d pro~n~ssory note or in this Mortgage to the cont~a~y no~w~thsrand.ng; a~~d thcre~pOn o~ thercaftr~ at the op~~on of
s~:d MORTGAGEE, wrthout nonce or oemand, sult at taw o~ in eq~~ty, ihereiore or thereatter- beyun, rnay be prosc.ured as if all moneys secured hereby
n.:d matured pnw to ~ts ~nst~tution.
7. That in the event rhat at the beginn ng of or at any t~~ne pe~d~ng any svlt uFron thls Mo*tgage, o~ ro foredose it, or to reform it, or to enfc.te
payment of any daims hereunder, said A10RTG~'vG:E sha~l app~y to th~~ Ce.,n having {ur~sd ct:on thc~eof for the avpo~ntrr.ent of a Rece~ver, wth Co~rt shall
fc~thwith appoinl a rece~~er of sa:d nwrtgag~-d prop~'rty a;I and singu:a+, inc:vd ng a:~ and s~~~g~~ar fr.e income, p~otds, issues aed reve~wes from wh3trver
s,urce d:rived, each and every of •,,h ch, n be~ng express'y unden•uod, n hen~by morgaged as ~f apeuf~catly set fonh and descnbed in the granr~:~g and
t~ ~bendum cia~ses hereof, ar.d such Receivcr sha~~ ha~e ail the broad and efiec~:ve fu~~c' c:~s and pohers ~n anyw~se entr~sred by a Ccu~t to a kcc~~.er, a••.d
s_ch appointment shail be made by such Co~~rt as an ad~~idtted equ~ty and a~*atte~ cf a~soiute rdgM to said MORTG'+GEE, and w~:l~cut re'ercnce to ti,e
ndeqoocy or inadeqvat/ of t~e vafue of the property mortgaged or to the so~rncy or ~nso:vrnc~/ Of sald MORiGAGOR o~ the dete~ida•~ts, a•~d rh,t such _
r~•,TS, prot~ts, inco~~ee, iswes and reven~rs snaii be appGed by s~ch Recr~+er accerd,~~g to the iien or rquity of sa~d MORTGAGEE and ~he p~achce o~ wch
Court.
8. To du!y, prompt',y and f~i!y perform, d~scharge, execu~e, effect, complete, co~r.ply wrth and ab~de by each and every the sGpufa~~ens, agree~nanis,
cord~f~ons and covenants ~n sa~d promissory note and th;s mortgjle set iorth.
9. That in the event the owrnersh~p of th~ mortgaged prc~:~ses, or any part thcrecf, 6ecomes vested in a penon other than the MORTGAGOR, the
:'ORTGAGEE, its wccessors and ass~gns, may, wicnout nc~~ce to rhe ~^ORTGAOR. deai x~:h such successor or svcces:o~ in ~nterest w~~h relrrence to th~s
r,,ortgage and the d_bt hereby secured in rhe sam.e mannrr as w~!h Ltorgaoo~ w~thout in any way vit:ating or d~scharg~,:g the Rlcrfg,gors' I~ao;,~ty here-
urder or upon the deb+ here~y secured. No saie of the F~e~-.~ses h_reby mortgaged acd no forbear..~ce on the part of thz r~pRiGAvEE or its succr~sors
er assigns and no exrension of ti~~ time 4or the payment o+ the debr h•~reby secvred given by the fAGRTGAGEE o~ its succeswrs or ass.9ns, a~~a:t operate
ro re!ease, d~scharge, modify change oi ai(ect the or~y,nal t~ao ~.fy of ~he N,OkTGAGOR he~e~n, eithes in whole or in part.
10. It is spec~fica~Iy ag•eed ~hat t~me is of the esse:-~ce of th~s ron~ract and that no waiver of any ob~~gat;on hereunder or of the ob:igation se-
~ cured hereby shnli at any time tnrreafter be Re;d to be a wai:er of the terms hereof or of the ~nstwment secwed herby.
~ Il. In acid~t:o~ !0 1he fore on, r^onth~ ~a r..n!s Di i^.t j~ and int,reit re u~red b' the ~~omssci no'r s~:cu~ad hrr~~.~.~ mo•t:3~or to~enan!s
9 ~ Y F Y~ P' P. R / F Y J
t d a ~ces ro a ta mort 3 te r..;h each ~:,e~,~h ~~~t an ada.-:enai s~m . s' :-~e~ed 6 mmt a ee to be e, uaI tu 1 12 oi t: r ~n,~at cest of tn-_ to;ioyv-
! 4 R Y 9~3' y Fa,' i ~J 9 l
~
~
E A-AI{ real prop•~rty taa~s lev~~~ or assess_d ag~~~sf ih~_ a~~o•:r d~~s:~~'~cd r,a~ es•ate.
~ B-Pr.•-:~;;•rs on f:re and w~rdstor•n ~nw~arce as na:e~n ~oq.;:r_d to be carr~ed en ~h~ ;n•;:.o~eme~ts s,tuate on th~• above d_~:-~t;ed prem,ses.
E C-P~e~n{~:rs o~ wch moregage 9uaranty +esurar,ce as mor!gagee sFa!I frc•c t r~e to s~~r.e d~em fit to ca+ry on the foan secured hereb~.
' t.",ortgagee s'~;'i E•cm n:r.e to t~.~ e ner~f~ morr~;gor :r, v.r~t~ng of rhe e•ro; •,t d.;e ~nd payab!e he•cund~r and s:~ch s~•~+ sh.~:i tt~~rcup~on be d~e and
f ~,ab!e on the d~e d~re of ~h: ne.r n:o~?n.~ pa~~re:~t and e.,cti scc.ess~ve r*o•fh thereaft=• u~:tii mcrtgayee sha!! not.fy morr;~agor of a cha~;3e in wth
~.ount. Such wms sFa.i be a,~•iied by mortgag:e tov.ard fhe pa~~.e•~t of rea' ~~oFerty taxes, insurance pren-::ums, and ~.:ortgage guaranty i:~surance
; ~e^ilums. ~
~ IN \YITPIESS '.VHER~Of. the said IJIORTGAGOR has hereunto set his h,~~:d and s~•ai the day and year (i~st afo. a~ '
~ ~ ~
~ Signed Seated ~ de ivere in the presence of: ~~;1 f'
~ ' / ~ ~ ~ ~A~--- (Seal)
~ :,i ss e an . uye e,
--'Sea~)
-
~ ~%~v~~o,L , ~z.,tt, - ~ (Seal)
~ ' - ~nn~
a'~~~u
e e
itnes s _~~a~~
~
~ STATE OI FLOR IDA ,
~ ~ u.
CJU!JTY OF St _ L-llcl~ _ 1
Befwe me personaily appeared ~lana S• GUyette _ and
_ AT111d K. Guyette _ h;s w~(e, to me well known and wnor.n to me to be
µ the individ~ais described in and who executed the forego~ng instrument, and acknowiedged before me that they executed the s~~ne for the purposes
~s
~ wnna K. Gu ette
~herein e:pressed. And the said_____~__-_-__.~~_- -
Leland GUy~tte u on a se a~ate and r~vare
.~lfe of the said - P P P ~
~ e.am~nat:on by me taien sepa.ate and apa.t from her sa:d h~sband, ackno~v+edged to and before me that she exec~!ed sa~d instr,~~r~ent free'y a~,d voiun-
~ ~a-:{y and w~thovt any comp~is~on, ccnstra~nt, a~prehe~s,o~ or 4ear of w fiom he~ sa~d husband.
G~' February
$ WITNESS my hand a~d off~c~a! seal th~s- day of__--_ A. D. 19__
i /
_ _ - L,f L~E-~E~--s
Notary P c in and lor the State of kpt~CKat lar~~
My Co ~ss~on exp;re~: ~ ~~..~R IDA
Reru: n So: ~ "r
~`i fi~st Federal Savtn~s 3 loan Assoc~at.on . NOTAttY PU('• t~' STATE OF FtORtOA AT LAR~
pf ~;.~r F.•a~ ~ MY f(1~.1•`5!SSION EXPIRES AUG. 6, 1975
F~~r P~~•~e f:~~~i pENERAIINSURANCEUNDERWRITERS.ING
~ FI~EO AMG RECORDEp
= ST. LUCI~ COUNTY FIA.
This Instrument Pre ared B''`'°• Braun ROCER P~7~TRAS
First Federal 5av~ngs 8. Lo n Ass~ iation . CIERK CIRCUIT COURT}ti,~
,~t RECORO VE~:~F!EO..r..~.j(~
= of Fort P~ercQ ~ F loz ida .
~
- M~u ~ ~0 4? AM'7Z
-
..;z Checked By - -
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c a ~ - 4w . 2~6fi6
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6CuK 2~o f~Gf .-•~w, c~~ s: 4 n~
. s~ r ~f":~ 1. V ~ ~0: : - ~ ' : K, ~
. tll ~iA.UI
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