HomeMy WebLinkAbout2097 3. To p:acr and co~tinuo~s~y keep on the Lu~:~ln,gs no.v cr ~:~•«•,~rrr ~~+,,,te en s.,~d ~~nd and en aC rq.,~pmero ar.d personally covered by lhis mor
ega. w:th all pren:~u•ns ~hrreon pa d m fu1l, I~rt~ ius~ie ~c~• ;n tn~• . s..~; s'.~. ~~:d po':c/ ~Crm, in a s..» a~:vro~ed b~ thr h10R~v;.GEE. a~,d w~nd3to
~~surance in ~he uwal s+a~:da~d Fo„cy form, in a w~¦~ arpru.~~d b1 ihr btJRTGAGEE, in such car~pany o~ ca~~~;:an.es as the h1021GAGEE m
d~recr, and a!) iire and w~nUstorm uu~~3nca {:o~ic~cs on any of sa~d 6~~id ngs, any interest therein or pa~t th_•reof, in the a99~_yate su~~~ atoresa~d
in eacess thereof, shall ;omam ihe us:~~1 sea~~~i_rd mJ~tye7<~@ c•ausc or w.h oiher c:~~se as the Mo~tya7ee may reqv.re, maA~ng tha ross undrr s.+~d po
c~es, each and every, pay~b'e to sa~d A1pRTG.4GEE as ~ts ~mcr~st may eppca~, a+~d each and e~ery evch po ~c~ sf~alt b2 prpn:pt;y asig~~rd ar.d de~~vcrrd
any held 6y ~a~d AAORIvAGEE as (unh<r sec~rity to Sa~d ~:~or~yjye d~ot. a~:d, not :ess than ten ~10? d~ys i~ ad..~~::e of Ihe ex~.~rat~on of ejcn pohty, to d~ • ~
i;ve~ lo sa~d h10RiGAGEE a rencwal 16rreof, toye~her .eiih a recr,~~t tor ihr pic::~wm ol such ~ene~~a;; a,.d ihere sE~~~l ba no Lre or wur.:s;o'~n ins~~anc
placed on any of sa~d bu~:d~n9s, any inirrest thcre,n or ps~t tl~~•:~•of, u;:'~ss in :h~ (c~~n a~~d w~+h the ioss payab:e as aEc~esa[d; ar.d 1~~ ti~e e~ent any su~ .
of money becomes payabte under such policy or poLues sa~d 1.1uRIGryVCE sF,..ii ha~e ~he o~.r,on ~o rec:~:s .,~d ,pt'y r~ia sa~~:e ~n acco:,•~t of tne ind~brrd
ness secured hereby or ro perm~t s~~d rdORTGAGaRS to recr~ve ar:d use it or a~,y rt tn ~:,~~F tc.r o:-~• ~s•,s. c.:t th `3
~ny any equ~ty, lien w right ~nder or by v~rtue oi thn n:cr~~syr; and m tha evrn~ sa.d :1t02i(~AGORS sh.i!1 ror any rrason fail to krep ~he sa~d premisas so
~nsurcd, o~ fail ro del~ve~ prompfly any of s~~d poi.c~~•s of ~nsu~ance ~o s.+d h50R1GA:,tE, or t~r. p:c:~,;.t~~ to Fay fu.iy any p:~~+:w•n ihcr~•tor ar in a~~y
respect lai~ to perform, d~scha~ye, execure, effrct, con~p:rrr. .o~nF:iy wi~h a~zd a~~da by th~s cov~n~nt, or any p.~rt h~reoi, s.~~d N.vRTv%~GEE may piaca a•u '
pay ior such inwrence or any part thcreof wrthout wuiv~ng or aftrcrinq any oN~wn, I~rn, equ~ty, or nyht u=~d~i or 6y ~~u;.r oi d,~s Morrgjge, and thc
tull amounl o} each and e.ery such pay~n~~nl shaJ be ~~n~r.ed~ot~ly due and ~~•ab~e a:~d sFail bear inter.st from tha do!e th~r_~of until p„~d at the ~ate o1
r~,ne per cent~rn per ar.n~:n ~nJ to~~th~r ~ni!h wch i~~'rrcu st~,,:, t~~• s_:,.r~•J 6~ the Len of th~s mO~tgage. .
d. To permit, eommit or suffer no waste, im~airment cr dcter:u~et~on of sa~d propcrly or any part th~reof. '
5. To pay all and si~gular the cos~s, charges a~d e.pens~s. ~n.;ud~•~9 a re..so,~abie atrornev's fee and cos~s of ab:+racts of tirte, inCU~ied or pa~d at
any time by su~d M,ORTGAGEE, because or in the evr~~t of tn•~ fa or..• on ~i,~ ~ari of the sa~d h10RTGAGOR to duly, pro:.,ptty and fu~ly pertorm, d~sch~rge.
_=rcute, effect, tanptete, co~nply w~th a~~d ab.dr by e~~ch arzd every tha snp~,i~t ons, agrrements, cond~t~ons, and covenan!s o~ sa~d pro~nrsory note and ~hh
r.orrgage any or enher, and sa:d cos~s, chargrs and e,~:~rsas, each and rwery, sh.,tl be inun,.d~a~~1y d~e and payab:a; whc•~her o~ not fhere Lx nor~ce da
mand, aftempt to tolieet or suit pe~sd~r.g; and the fuli 3'!1GVIN oi each a~d e.e~; wch ~.ayment shaii bea. i~~t:res~ f:o~n the date the;eof ~nfil paid at ti~e
~~t~~ o~ nine per cent~m pu~ on~iu n; a:i~ ait said costs, :~~rg~~s a~~d r.:;r~.i: s:~~tu:~e:d or paid, toy~!her ~v~th wch ~nteresf, Sha!! be Secured by lhe litn Of 1h~S
mo~tgage.
6. Tha? (a1 in the event of any breach of this Mongage or deieult cn th~ µ..rt of the ,'.~.GRiG~GOR, or ,b) in the event any of sa:d sums of money
herein referred to b2 nof Fiomp~ly and fully pa~d v.~rhin ~h.~~y ,3J: dars r.e,r o•~~,r i'~e s.. ~~r s<-.rra .y beca ~e due ar~d payob!e, without demand o~ nonce,
or ~cy in thr event each and every the stipu,at~ons, agrer~nrnts, co~:dino+5 and co~r:~anrs o! sa d p~o•»~ssory notr a~~d rh~s mor~gage any or e~~her are no~
:v'.y, prompNy and f~tly perfonned, d scharged, exewred, effecr~~d. comp:et_~d, co,np~~ed ~v~~h and aE;~ded 5y, thert in enher or any such evrnt the sa:d ag
~•egate sum mentroned in sa~d pro~~~~ssory ncte than re~naini:~g un~.a~d, wrth ~~i~~•rc,t a;c,ued, nnd o;i moneys sec~red hereby, shalt beconee due and pay-
ao e forthwith, o~ ~hereaf~er, at the op~~on of s.,~d A10RTGAGfE. as fuiiy a~,;I CJmE,'rt~fy ,,s ii a:: oI i~,e s:~,d sums of money were ong~naity s~:p~:ared
^ bz pa:d on such d,:y, anyth~n9 in sa.d pror++~sSCry note or in this tAOf~~3~~~ to ~ne tont.ar~ not:.~rhst3~:d.ng; and thcre~{:on or thereafter at the oHt~on of
~.J MORTGAGEE, w~rho~t not~ce or demar.d, su~t at iaw or in equay, tn~~rerore or ti~~•rratfe~ b~yun, may be Frosec~rea as if all moneys sxured hereby
r..,d matured p:~or to ~ts institvt~on.
7. That in the event that at tne beginn:ng of or at an~ t~n,c pend~ng any suit upen this M•o~'ga3e. or to ~oreclese it, or to reform it, or to enforce
~~~ymen~ of any cia~ms hr•BVr.d•_r, Sa~d 1.10RTGAGEE s~~a i;,:;.:y ro the Cour~ h~v~rg ~ur.ed.;e:c:~ th,~:_of (or ihe appo~nt~nent of a R.~ce~ver, such Ccurt shail
r;,-rhw[rh appo~nt a rece~.er of so~d mo:tgag~~d prop~rty ail a~~d s~~~~u:ar, ;nc;:;d ~,g a;l ~+~~d s~:~gu ar t~:e i^con~e. prof~ts. ~ss~es ard reven;,es from wharever
sc,•ce der~ved, each ar.d every of v.t~ch. ~r be~r•g ex~~:~s<, •,;nd~~s~.:~~ n 1e~~b; mer~g~y<d as ~f spec.+~ca.ly set fo~ih and descnttid in the grannng and
h.,i~endum cljuses hereof, ar.d such Rrce«er shalt ha~~~ au rh: ur.,d e~ d rtrcc'~~e f~ncr o;~~s and pov.e+s in anyw~se emr~sred by a Cou~t to a Recriver, ar.d
s. ch appointme~~t sh3l! be R;ad~ by svch Co.:rr as an ad •,~or~d ~y.:~sy a„d a~-a~n•r of a~sow~~ r,ghr to sa:d h10RTGAGEE, and wrtheut reference to the
r.J_a~acy or inadequacy of tt:r va:ve of the prepeiry ~norra;gc•d er to s~a so ~~~~cy or ~n=c .~~c~ oS sa~d MORiGAGOR er the defendanit, anci that s~ch
•e~rs, profits, inco:ne, issues and rtvenues sha;I be apY;~~d ~y s::ch Rece~ler ac~or:i.ng ~o the Len o~ equ~t~ of sa~d !'dORTGAGEE and ~he prect~ce of such
Couri.
8. To duly, prompt'y and ful!y perfo~m, d~sch_.ge, execure, e~fect, comp~.:re, co•~~H~,r w~!h and ab~de by eaeh and every the st~pulations, agreements,
~.;nditions and toienants in sa~d promissocy note and th s n:crtga~e s;-t 'orth.
9. That in the e•:ent rhe cwne~shtp of th> mortgrged pre~~~.ses or a~,y pa.t ti~e.eof, Lecomes vested in a person other than the MORTGAGOR, the
'.',~RTGAGEE, irs successors and ass~gns, .nay, wirf;ocr rc:~:e to ~he ~.'il4iv~=JK d~~~c w~Th such s~ccessor o~ successor in ;nterest with reference to this
o•rgage ard fhe d_bt hereby secured in the sa~r.e n annar az ,tir.h `.1or~~aao. •.v,fi:~~f ~n any .vay vit,ating or d~scha~g~ng the 1.lcrrgagors' liabil~ty here-
_rder or upon the dcbl hereuy seiured No si,e of tF:e ;.rr~~ ~ses hveb/ rno tgegrd a^d no fo•bearante on ihe pan of ~he !.!pRTGAGEE or its s~ccessors
c~ ass~gns and no exser.s~on of efie r,r.,_ fo. rhe payn~e~~r of rh~~ d~•bi h•-~et:: icc~.~d given by ~he ~:ORTGAGEE oc its successors or ass.gr,s, a~~afl operate
+o re~ease, d~scharge, mod~fy char.ge or affecr ~he o~~g~nal {;eu.:.ty of rhe A:ORTvAC,OR herr~n, either in whole o~ in part.
10. N is spec~f~calty agreed ihat r~me ~s of the essencr o' ~h~s cor~t:acr a:~d ~har no wa~ver oi ar.y ob':gat~on hereunder or of the obligation se-
o_•ed hereby shai+ at any time th=reafter b> hr!d to be a~.~iwer of the te:r..s ~~rrcuf o~ oi 1hF instrument sacured herby.
11. In o:id r:u;~ to ~i.e fore ~c ;•,7 y p.,~,' _••~ts ot F;~i c ~~I ~nd r r.. sr r~c~u :iri b; th._ ~,•pn-: sscr~r nort• s~:uied her~~b/, mo;i~agor tovenants
~ o agr~es to pay ro mo-sga3ee ~n~rh each mon~h y pa;• .ent an oaJ' Jndf 5~^i rs! i~rt d b~ mortyegee to be eq~a~ to 1, 12 of t:~e an:~uai cost of the fo~iow-
I
' A-All real prope~:y tnxcs ie.~ed or ass~~ss_d ::~:~~ss ~h_ abo.•e dczc~:~:_d +:at es~.a~e.
~ 6- Prr~:~u ns o:~ f~re ar.~+ :•nr.ds~or,n ~n5ur;.rCC ds herc~n r:~q•, red to b~~ ca~-,~ ;J c~: th~ ;:roveme~ts s;t~ate on +h~ above desc~ited premises.
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~ C-Pre:n~u:~'~S o~~ s~ch mort~-,ne 9~arar:ty icsv~a~.ce as ~no•t~agee sha~; f.c~r i:rc~ !o ~ derm f~t to carry on the loan sec~red hereby.
i hlorrgagee s!:a'1 f•c~n t~a:e to t~:~;e nor;fy mcrf_..;g::r m:.r;t~„g of the a•. o~•~r d~•- a.^.d psyahle hereundar and such su~.: sha!f 1hr.euFron 6e due and
~ .•:able on the d~e da!e et ~h~ r.._¦t r.~o~~th.~ pa;~n:~nt a~~d c.:ch successi„e :ro~~rh t~~er~att_~r ur.t~i mcrtg~gee sha'I not:fy mortyagor of a change in wch
; ~ ~unt. Such sums SF3.', oe app ied by rnortgag•~e towa•d ti~c pain:ent of r<-a1 pre~.erty taaes, insura:ue prem.ums, and mortgage guaranty insurance
~ emiumi.
~ ~
y IN VlITNE55 :VHEREOF, the sa~d MORTGAGCR has hereunto set nis h~nd and seeS rh day and yea~ first aforesaid.
~ igned, $ea1 n 'ivered in the presence of:
` fILEU 1?ND RfC01ZQf' ~ ~ (Scaq
~ ~Z.6{iC1E COtJf~~YfL~. es R. +1 shall
~ R~GE= ?OiTR~s ~
A Q'
r - - CLfRK CtRCIl1T ~OtlAT ,
~ 1tECOROVE~'~~fD Delorise Ann [~iarshall ~~ai~
Y
~ S~:.TE OF FLORIDA u j, f9 ~~~1
i
~ ~JU'JTY OF SL. Lucie _ 1 ~~~0~~
~ Befae me personally appezred Jame s R_Mar sha 11 _ a~d
~ Delorise Ann Harshall
- _ his wlfe, to me well k~i~ kpg~q.to me to be
- r~e ind~viduals described in and who eaecuted the foregoing instrument, and acknowledged before me that they exetuted the same for the purposes
~ rhArein expressea. And rhe sa~d__. De lor i se Ann ~1ar shal l
~ -
~ r~:`e oi the sa~d James R_ I~!dr5hdll vpon:a separate and private
" -*am~nat~on by me taken sepa.ate and apart f~om her sa~d husband, acknon;edged to and before me that she exetuied etiid blstrvmsnt f~ee~Y and volun-
: ~ari~y and wnhouf any compuls~on, constraint, apprehens.o,n~, 1or fzar of or from her said husband. ,
~ WITNESS my hand and offlc:al seal th~s_ day cf_.-_ ti rCh_- ' A. D. 19 72
~ -
Notary Pub~ic in and fot tlte $Ufe f10?id1 i1~~btye
_ My Comm~ssion expires: ~
~Al1Y p{I~ ` :
Ret~rn io: ~r ~ M fLORIDA at LARGE
first Federal Savings 3 Loan Associat:on EXPIRES SEPT. 25, 1975
~ Of ~urt P.~ce 8Y llmerican Bankers Insunnee ~
~
fert Pie.•:e. F!;ri~1~
This Instrument Prepared By John lti'. CoI l ins RECEIVED S~~=ry P~YMFJIT OF T11XES
;a First Federal Savmgs & Loan Association D'~E ON CtJ1TS 'C' 1t1iA'~ ;~B~.~ P~~~~r~
- of Fort Pierce , Florida ~RSIJA[11 TO CNAPIER 11•134• AC~S ~»1.
~j~ ROGER POIiRAS. Clak Cirwtt CoYrt SL Luae Co. Fla.
Checked By~ s~~ q~
80U1c ~Vl! P~ ~~~V
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