HomeMy WebLinkAbout0148 To p~ace and co~t~nueus~y k~ep on the bu~'d~:~9s no~v or hereafrer s~t~ate on s~~d iand and on a~~ eq~ryment and perso~~ally ce~~~red Ly th~s mor
e:le. w:th all pren'iu:•:i if'_-reon pad ~n fvU, f~rr ins~rance ~n tr~~• uswt sta~~:l~rd po!~cY tor:n. in a s~~» oHNroved by U~e 1110R~.~=~~.+t~, a"d '+.~.'.Js~~
~:nsurartc! in ~ha usual s'andard poi.cy fonn, in a wm ofp*o.rd by ihr h~~RTGAGEE, in s~ch m~~~pa~~y o~ co•~}pan;es as i~~r t.~.J~T.;a~ifE
d~reth and ail fi~e a~',d w~ndswrm ins~rance poi~c~cs on any oi sa'~d bu~!d~nys, any inte~est therein or pa~t thareof, in the agg~~ y~~e s„m ado~..sa;d
in excesa thereof, shall :ont.;~n the uw~l sra ~d,:rd morr9s9re uause or auch o~he~ da~ae as ihe Mo~tyagee may teqwre. mal.u~g ~i~<~ ~oss u~~Ja~ s_~ d po
clri, each and every, paya~'e to sa~d AIJRiGAGEE as ~fs ~ne~•r~~sr may appear, and each a~~d e~ery :vch po ~c~ sh:aH be ~:romp~iy ass g•~~.~ d d~~.~.~r~-d
any hefd by sa~d f,10RfGAGEE as fu~ther s_curity to sa~d n,orrgage d~bt, a~:d, no~ less than ten (101 da~s in ~d..,~~ce oF th~ exFu„t,on er ~,ch po'.~.~, to d~
~:vr~ ro said !dORIGAGEE a ren~•wsl thereof, to~e~hrr w~th a rece~pt for thr prr~nwm of such rene~a!; a~~d tf~ere sl,ail be i*o i.ie or .:s+..•~n n.wr,,nc
p!aced on any of sa~d bui!d~~~gs, any interest there,n or part thrrrof, ~n:~ss ~n thr fonn a~~d wnh the ioss paro6:e as a'oreaa~d; .~~~d 6~ ttie r'.~•~N a:~y su~~
of money beco~nes payablr under such policy or pol;cies saW MOkiGAGEE sl~.all have ~he opi.on ro rec_+...• ~~~d ~pF y t~e sa::~r on ac;ou.~~ of it~e ~~~J~•a'~•d
ness sec~red hcreby or ro perm;t sa:d MORTGAGOkS to recc•ive a~:d use it o~ any ~~:~t ii~•~:.~~f i;r ec~~•~ i.U~ ~s.s .:~~~:.t ~'°i~ ~
ing any equ~ty, lien or r~y6t undz~ a by viriue of this mcrrgaga; and in the event sa.d A1~RTGAGpR$ shall `,o~ any rrason fai! to k~~~~p the sa~d p~e~n'.s:s so
~,sured. or fail to de.~ver pro~nptly any ot s.~id pol:c~~_s of insu:ance to sa;d A50RTGAGiE, oi fa~! p~crr:p~iy to H.+y fu!;y any tn~~~'or or ~n a•~y
re:pect (ail to perform, d~scha~ye, e,ercu~r, elfeu, completr, co:np:y vvirh and ab:de by th~s covena:~r, or any p.~rr h:r~•of, s-j.d ~+.i-Ri~•:G_E ~»-+y 4:.~~•~ ~ o
pa~ fo~ such insur.~nce or any part thrreof w~~hout wa;ving or affec~~~~g any oy~~on, {ien, eqwry, or n~ht under or b~ vut:,r of ih~s '.terty,g-r, a~d thc
f~tl amoun~ of eech and e~ery wch paymaro shall be unmed~atrly d:,e and payabte and sha;l b~ar inter~~st from ~ha d.,ta thereof vn~~l p.~d a~ the rote oi •
~~,~e prr cenrum per ar,nu:n ond to~~ahcr ,nith sucn ~nte~rst sh.;l~ :x sawc~•d L•y the lien of th~s morrgage.
4. io permit, commit or suffer no wasre, ~~~paicmcnt or deterioration of sa~d property or any part thereof.
5. To pay all and sin~ular the cests, cha~ges and exper.ses, induding a reasonab!e atfomey's (ee ar.d cosrs of abstratts of titlc, inwr.rd or p.,~d at
~~r tin,e by sa~d h10RTGAG'E, because or in ~he event of ihe fa.w~e oo ~he part of ihe said MORTGAGOR ro duiy, p~u:np~Iy and fu~iy p<<+ur~n, daci~.+~qa
_,.:cute, efiect, canplrte, conply wah and ab.de by each and evcry ~he st~pu~at,ons, agrer~T~enn, co~d~tions, ar.d co~e~~a~~!s oi sa;d p~am,,iort nate ~~.d +E ~s
~~origage any o~ enher, and sa:d costs, charges and expcnses, each ~nd every, sha~l bt imm..~d~atrly due and payabte; v~h_~rher w not rhere br no+~ce d:>
~ and, atrempt to co,~ect or suit prnd~ng; and ~he futl a~no~nt oi each and e~ery such paymeni shait bea~ in~•_rest fro~n the date therrol v~~+~~ pa~d at t~~e
of nme per c..~ntu~>> F•~~r an;~„-r .,nc aii sa~d cosrs, cnarges and caa~~~+ses ~:xurrrd or pa~d, together ~v~th sa:ch interrst, shall be setured by the E~an of th~s
~r,vrtgage.
6. That (a) in thr evcnt of any 6reach of th~s 1Llortgage or drfaulr on the part of ihe 1tURiG~~GOR, or ;6) ~n the event any oF sa:d wms of money
h<~ein ~efeired to be not prar,Nfiy and fvlly pa~d withm th,rty i3u1 d~rs next a'tcr the ss~s~e 5~•[rd :y ~:CiJ":? due and payeb'c, wltho~t de:i~a<<d or notica.
cr ;c) in thr event each and every the stipu;at~ons, agretments, cond~no~s ar,t1 covenants of sad prom~ss.~y note and fh~s moitgage any o~ e~ther are not
i,~:y, promptly and f~sly performed, d scharg<d, executed, e!fected, compteted, comp~~ed wuh and ah~ded 5y, then in e:ther or an•r such event the sa~d ag•
3re3ate wm menhoned in Sa~d pro~r~ssory nota tht~ re~na~ning w~pa~d, wiih intr~esl acc~~ed, and ~~1 men~~ys xtured here:y, sha:l becu~ne due a:~d pa~~
ec e io~thwith. Or rherrafrer, at the opr~on of sa~d A10RTGAG~E. as fuily a~+d comp;efely as if a1i of i6e sa~d s~ms of money were er,g:na iy u N.,.at~d
ro be pa:d on s~ch dzy, any~hing in sa d pro:n,ssory nofe or ir. this 6lortgagr to iha convary not.v~~hstand.ng; and th~~reupon or thereaftrr ;~t ~he ep~,on cf
s+ d MORTGAGEE, w~thout nonce or drmand, suit at taw or in eqv~ty, !herefore er thereal~er k;eg~n, may be prosewted as if all ~t:oncys sewred her<by
c_d matured pr~or to ~ts mstitu~~on.
7_ That in the event ihat at fhe beg~nning of er at any time pending any su~t upon rh~s Mo~tga~e, o~ to forec!ose it, or to reform ir, or to enfcrce
~:aymeN of any ciaims hereund_r, said f.'URTvAGEE shail app!y to the Cowt havmg ~~:~sd.cr.on thereot fo~ tne a{~No~ntmeM uf a Rece~ver, such Court sha~i
c•~hwith appo~M a recei•.er of sa~d mortgay~~d proprrty all and sin~uiar, inuud nq aii and s~~~yv~ar ~he ir.ton;e, prohts, ~swcs acd reve~~.,rs fio~n wh.,t~.-er
s: ~•ce de~~ved. each and every of wh,ch, It be~ng exprrss',y undc•rs~ood, ~s Fe:ruy mortgagrd as ~f spec `icatly set fo~th and descr~~d in the grarin~i~ a~~d
t i':;endum c!a~ses hereof, and such Rece~~er sha'i have ai! the b~:.ad and effect:ve funct cns and pov`ers in anyw~se entrusted by a Court to a Rcc.:~ver, a:J
s. ;h appOintment shall bc made by Su[h Co~rt as an ad.n~~r~~d eq~~ty and a rrditer Gf absJ~ute rlght tC Said MORi(~iAC'iEE, and w~tk~ouf re4crcnte to Tt~2
z:±_au~cy or inadeqvacy of tne va!e,e of the properrr mo+tgaged or to me so vency or mso:venty of sa~d MORiGAGOR or the deie•~d~•:ts, a~d th.,t su:h
~~s, proiits, i~co.ne, issues and revenues sna~l be app~~rd ty wch Rece~vrr accord.ng to the i~en or equity of sa:d MORiGAGEE ar.d t6e prau~ce of s~ch
Court.
8. To du'y, prompNy and f~!!y pe~form, dis:harge, execute, effect. compiete, comply w~th and ab~de Ey each and every the st~pu~at~ons, agreements,
.~~~.~~tions and covenanTS m sa~d promissory note and th:s m~rtgage srr forrh.
9. ihat in the event the ownershSp oi the mortgaged pr~~naes. cr any part tnereof, 6ecorr•es vested in a pe~son otFer than the tAOR?GAGOR, the
:~-RTGAGEE, its successors and ass;gr.s, may, without no~ice to tF.e .titORTGFOR, deal w~th svch wccessor or s~ccessor in interest ~v~th rrtere<<ce to th~s
;•igage and the debt hc~eby secured ~n the same n:anner as w~th .'urrg.~gor w~thovt in any ~vay vit:a~ing or d,schaiging the l.lortgagors' Iiab~Iity here-
;;r':ier or upOn ihe tleb~ hereby SeCUred. No sai2 nf the F~e~:~5ss h~~ieby morTg3grd and no 4orbeatdnce Cn the part of the 1.~pRi'vAGEE or ~'s succr~sots
c~ a<_s~gns and no eatension ot fhe time fo~ the payment of the debT hereF,y sec~red given by the h10RTGAGEE or ;ts wuessors or ass gns, ~~~~il operate
ro re~ease, d~scha~ge, mod~fy change or affect the or;3~nai Gau t,t~ of the h',ORiGl~GOR he~e~r, either in whoie or in part.
10. It is spec~F~caliy agreed that time ~s of the esse^ce of thfs contract and that no waive~ of any ob~~9at~on hereunder or of tne obfigation se-
c,red hereoy shai+ at any ti~~e thereafrer be hcld to be a wa~aer of the terma hercof or of the instrumem secv~ed he~by.
11. In ,;od r.c,~ fo the fercge":,~ r.~o,;!h!? payn:_n~s of p~i:.c pa! and i~•.r_:csr requ~red by fhe prom sscry no•e s~cured b{. ~~;e:t~~yr. covenanis
:i agr~~es to ;~ay fo ,•~.c-rgagee •..~th each ;ronrh y p;,~.,e~.t an au:i r,enal w^~ <.st... ared 6y mo•ty~gee to L~e equa~ to l. 12 of t',~ :~~.~I cost of thr 4o~~ov.-
A-All reaf ~;roperry ts,c~s le•+~e:: or ass:~sz~d ag~~~~st thc abave d_sv~b~d real es•ete.
6 Pr.~~~'•u•as o~ fiie ard w~r.dstorm mw~a~ce as i?erc~~~ r,q~:red to be ca'r~•d c•~ tfie :m~:roveme:~ts s:t~ate on Th^ above d_sc•~:;:'d prcmises.
~ C-Pre:n~u~~ s o~ s:,ch n crt~-.ge guaran?y icsurar.ce ts m~~tq3,ee shaL' !re~~~ e to t;me dcem fit to tarry on the loan s~c~«d hereo~.
hlortgagee sh,. !~•om T:•r.e to t~ •:e r.c•~f; mc~rr,;g~+ In v.~~t~ng of the ar:,o. ~t d.;~ and payahle he~e~nda~ and s.:ch su r sh.; ! ii~~~=eu~,on be d~e a•~:d
: a,~b'e on thc d.,e d.~+e oi tF,~ next ~„onrh:: pat~„e,t and e~ch w:cess~ve •~c~~rh s~:ereatt~. urtit mertqagee sh~!I no'.fy rv,or;g.,yer ot a cl~an~e in s~cii
~~nt. $uch s~ms sha.i ~e ar~'.'~ed by mortgag~:e ~or.a'd the pa~ment of re~i prcFer!y taxes, insurdn~e prerr.~ms, a.~d r.zcrt~.~ge g~~~anty inivrar.te
..mi~ms.
IN YJITp~ESS ::HEREOF, rhe sa~d MORTGFGdj2 has he~eu~fo set his hand and seal the day and y r lirst aforesa~d. ~ ~
~ Signed, Sea~ed a~d d~.~erer! in~ ~he p~esence qf: y ~ ~
~ ' i 1 ~~1~/ L: t~ ~ ' i (Sea!)
~ ' ~ _ -T - ' -~_i
'3 . ~a . : . rr~~
Gar--~----- :s~aq
~ -1- - _ 4: . I • ' L~~-~~~sr_ _(Seaq
.
k ;~.vv_
r . cs a . ~ , Dorothy e v~rdon _ cs~ao
~ - •t• .t.. • ~ ,
~ ~.;ATE OF FLORIDA ~
Lu ~
iP
~ CJiiNTY OF - - ~
; Before me persona!ly appeared N82'Z',y GOI`d~7T1 and
~ _ __DOPOt.~lY I+2E v0:`d0[I _ h~s w~fe, to me wcl! known ar.d knorrn to me to be
= thz ind~vidva~s desu~bed in and who executed the fw oin instrur~em, ~j atkj~o-wie ed ~efore me that they ezecuted the same tor tfie purposes
~ rherei~ expressed. And the said_____ ~ 9 ~r0°"V l~P ~~r'`Oi'i _ _ _
:i r..'e of the sa~d _ _ HaZ'2~ v02~0'1 - ~Pan a separ~te and private
~ -
- e.a~n~r.a+:on by me taken se~arate and apart from her sa~d husband, acknowledged to ar.d beFo+e me tha/ she execv'ed sa~d instr~~nenl treely ar.d volun-
r
~ r~r~~y and w~thoui any co~npu~sion, tonstrainf, epprehens.on, ~r fear of or from her said husband. ~ : '
r^ebrtiar ~ , ?2
,`f V~ITNESS my hand and off~c~ai seat this _ day cf___._j_ A- ~9
_
= ' ~ ` ' - ~
- --1-~l-CL~L.~' ' _
. kotary Publ~c in and ~or S!~t~~t Fior~da ~t latye
y My Comm~ssion eapires: '
y '
Ret;,m To: t~ a ~
~ fin~ Federal Savings 3 loan Assoc+ar on ~ ~ ~ ~ " ~ '
? p~ :c,~t P.:c,,
"i Fort G~ , _ F;.;r .i s ~
fKEO ~?ye aECOROEo
= ST.111G1E COUIiTY flA.
Th~s Instrument Prepared By J. H. ~Ge: ~3~ ~Z'. ROGER 7J1?RAS
CtERK ~iF:G<<j C01lRT ~q(
L~ First Federal Sav~ngs & Loan Association ItfCOPO ~E~~t~-~--^~'i~
- of Fort Pierce 'lor i~ a
:
~
~ ~ ~ ` ~0 48 ~'7Z
~fl°Ckecj By ~
V~~
ECRx ~VO PJICE ~4~
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