HomeMy WebLinkAbout2101 3. To pt~ce and con~inuously keep on ihe 6u: d~•,gs n;,.v on c~~e,f~rr ~~r~atr on sa d!and and on a~~ eq.,ip~nent and personally covered by this mw
ege, w;th atl pren~,~~•ns tl~ereon Ha d m fu~l, tne ir.s~..~, .c~ ~~i ~i~~• os.:j~ >•~~:.i.~~d pu ~cy form, in a iwi~ aF~rored by tnr IJ10R~"%.CaEE, and w~:idsto
,nsurance in the usual srendard ~l cy form, in a w~n a~.~:~o.~•d by ~hr ~dORTGAGiE, in su;h tompany or co+ny~~n;es as tne htORiGAGEE m
d rech snd all fire and w~ndstorm ~nsurance po:~a~•s on any ef s~~~d b~i:d,nys, any inrerest therein ~r part thercof, in the aggregatz wm atores~~d
in excess the~eof, sha!I :oms~n the uw~l uar.d~rd mo,rg,gre c.a..:~ or s~ch o~hrr c!iuse aa the Mortgagee may requ.re, making rhz ,oss undrr sa~d po
c es, eath and every, payab'e to said AlORIvAGEE as ~ts ~nt_~r<sr n,ay a;%pear, a~~d each and e.ery such p~ :c/ s~~a~l be prornNtty ass yned a~~d de~+vrred :
any hetd by sa~d b10R(GAGEE as funhar s:turity to aa~J n,~rty~ge d~ut, a~~d, not icss ihan ten i101 d+ys i~i ad:~nce of the ex,~~rat~on o4 each poticy, to d.
L~rr to Said MORTGAGEE a~entwal thercof, ~o~e~her w+th a rrcrq~t tor ih_ prr.r,wm of such renew~; a~~d ttiare S~~3iI be no S~re or ,r.i~~.iitorm inwrant '
p!~ced on iny_of Sd~d b~iid~ngi, any int~~rrst there~n or pa~t tl;erc•of, ~n'~ss ~n the (orm and w~!h the icss pa,al:!e as aEcrCiaid; and in tt~e e.e~~l any Sun
oi money becomea payatle undr~ such poGcy or poLues sa~d MORiGAGEE ih.,ll heve ~he op~,on to rcc_~:~_ :,~~d apE:y tn~ sa~ne on aaou~v of the indc-btad
ness secu.ed he~eby er to pcrm{f sa d MORTGAGORS to rec~•~~c a~~d use it or ~~,y ,.•r t~r~ •~of r:n e•~~.• r~:cr :s;>. :.:r~~,_:t ~h •.~r .t-~.. ~3 ~r ~::p.,~~
~rg any equ~ty, lien or r~ght undar os by v+r~w of ti~is mc:'~aye; ar.d in the evrnt sa d A10~ZTGAGORS :hi:l .`or any ~eason fail to keep ~he sa~d premises so
r.w~ed, or i.~il to dr'~ver pro~nptly any of said pol~cies of i~~sw•ance to se'd MURiGAGEE, or pcen,pt+y to pay t~.:y any pr.•~~,~.,~n therelor or in a•~y
resFec~ fail ro perform, d~s:haige, execute, efiect, comp~e~e, cot.Nly v.irh and ab~de by IFul COVd'1J'~t, Gr any p.ul h:reof, S:+~d 111~Ri;~AGEE may p~ace a o
pa~ fw suth ins~rance or any par? thrrcof w~tho~t waivi~ig or aifacling any oH!~orS, lien, equdy, or ~~~ht ur.dar or by vi~tue oi this hlortgage, ar.d thE
~,.il amount of each and every such paymrnt sh~ll br ~~~;.~~d;oiel~ d~e a:,d ~raL~e a~~d sh,il bear interes~ from tha d.,re th~rrof unnl p„~d at the rate ot
:~e pet tentum pe~ ann~ir~ and to~cth~•r ~ni•h such int~~:~s! sh.,+~ t r sac..•~•d by the lien Of th~s mo~tgjge.
d. To permit, commit or suffe~ no wasre, impairment det~~r~orat,cn oi sa~d prcperty Of dRy P3~t thereof.
S. To pay alI and singula~ the costs, charges and rxpe~,s.~s. ~r.dudn,g a reaso~~abte attorne~•'s fee a~d costs of abstrac~s ot :+~le, incurred or paid at
t~n~e by said MORTGAGEE, beca~se or i~ the eve~~t of ~n~ fa;lurv on ~he pa~~ of ihe sa~d M~RiGAGOR ro d~iy, p~on,ptly and fu~~y pe~form, d~scharge
_.~cute, effect, comptete, comp~y w~th and ab.dr by ea.h and ev~ry ~he snp~to~.ons, agrer~nents, cond~nons, and covenanss ot sa~d pro~~ussory note ar.d ~h~s
,,or~gage any or e.~her, and sa!d cosrs, charges and exprnses. ea~h ond rvery, shau b.~ immed~a~rly due and payable; wherher or not ihere be nonce d_-
.,~,d, attempt to coliect or suit pend,ng; and thr lull a~:~ount of each ard e:erv svch pa~mem sh„II b_~a~ irr~•rest from the da~e thereof un~il paid at the
u~ rune per czntum yer an~w+~; aii sa,d cosrs, ci~a,grs a-~:f ~,;,~~:ses :~Kwrcd or pa~d, togeth~r w~th such ~nterrst, shall be secured by the 6en of th:ti
rnortgage.
b. That (a) in the event of any breach of this hlortgage or default on ih_ p3~t of the ~t".ORIGAGOR, or ;b) ~n the event any of sa d sums of money
! erein referred to be ~ot pro~~~pt~y and fuliy paid ~cith~n th.~t~ ,3u; d~ys ne.! o-r•,~ t'.e s~ ~~e se.e~a :y Leco-~e due and payable, witho~t demand o~ netlce,
c. :c) in thr event each and every the srlpuiaf~ons, a~ceemen!s, to::d,:;o~~s and co~enanrs of sa d pTO~„~sscry noir and th,s moitgage a~y or either are no1
i.,'v, promprly and fully performed, dscharg_d, eae,ured, etfe~red. complered, co:»p~~ed .:~th and at,~ci~d ~y, then in e.~her or any such evem the sa~d ag
~-_~ate sum ment~oned ~n sa~d pronussory nc!e ti~en rr~~~a~nmg unra~d, w~rn ~nrrn•,t at.~~ed, and a~i rnoneys scwred hereuy, shaii bccume due and pay
ec forthwith, or thereafrer, at the opnon of sa~d n~o~iGaG~E, ds tv:iy a~.d c~~>~p:etr'.y as if ail of ti,~• s~!d su^.~s of money were ong~natly sr~pu.ated
~ br pa,d o~ wch dcy, anythirvj in sa d pro.n~ssory nete er in th~s ".tortg~~e +a ~i~e co~~rrary not.v~rhsts~~d.ng; and ~hereupon or thereafte~ at the opt:on o(
:~:i MORTGAGEE, without nohce or demond, suit a1 law or m equ~t~, th~rei~re or therraiter begun, n:ay be prosecuted as if all moneys setured hereby
r..d r:,atured pnor to ~ts ~nst~t~non.
7. That in the evero that at the beginn:ng of or at any fur.e f~ending aay su~t upon thrs Nertga~e. or to fo~ec:ose it, or to reform it, or to enforce 3
: iiment of any claims hrreunder, sa~d P.tpP,TvAGEE sF,a;t a~>p y ro rh<- Cc~rt ha.~~,g iur~sd.c~.on ~h_•~~ot for fhe appomtment oi a Receiver, wch Coun shail
r. ~rE~with appomt a rece~ver oi said mortyagrd property ail and sinyuiar, icc~~J ng a~i and s~ng~,ar tt,e income, prof~fs, issues and ~even~es hom whatever
s;ria de~ivcd, each and every of whch, ~T be~ng express:~ und,:s+oc;d, is he:_~~ merigagcd as ii spec.f~;a::y set for~ti and described in the g~anhng a~~d
endum cia~ses hereof, and such Rece~ver shat~ have ail ~ne u~~ad a,,d efiecr:~e fu~~cr.o=~s and peti~ers in anyw-~se e~tr~sted by a Ccurt to a Rec~~i~er, a•.d -
s_ ch appoiniment shall be made b~ s~th Court as an ad ~~~tted ryu~!y and a c atrer of absoi~te r:gh1 to sa~d hiJRTGAGEE, and withouf refcrence to the
..:rqvoey or inadeq~acy of the vaPue of the proper~y mo.tqaged or ~o +he su..e:~cy or msc :ency of sa~d t10RiGAGOR er the defe~,dants, and ~hat such
r-.~s, profits, into.ne, issues and revenves sha'~I be apa~~ed oy such Rec~•~.er auoru.,}g to the i~en or equrt~ ot sa~d ~10RTGAGEE and the praUice of such
Court.
8. To duly, prompt;y and iul!y perform, discharge, eaecu~e, effecr, co~+:piete, con:p;~ w~th and ab~de by each and everi the stipufations, ag~eements,
__rdirions and eovenanrs in sa~s! prorn~sso!y note a::d th.s n:::rtgaye s<t forth.
9. That in the event the ovunersh~p of th~ mortgaged prc~~~~ses, o- a~~y part ri,creof, 6ecomes vested in a person other than !he MORTGAGOR, the
:"JRTGAGEE, its wccessors ar,d ass~ans, may, .,:~~ho~t ~~cr~ce to fhe ,~',OR7~,ApR, d~a; v.~~h wch successo~ or successo. m:nterrst wdh refe~ence to this
•~•~9age and rhe debt hereby sec~red in the same manr.er as w~th :'~~r~;go. v.:rhe~r ln any .vay vit.afing or d:scha~g~ng the l.lortgagori liability here-
~ aer or upon the de6~ hereby sew~ed t~o sa r of tne F~e~r.:s•~s h:rebr rnortg~yed ard no forbearance on the pan of the /J10RTGAGEE or irs s~ccessors
: ess%gns and no extension of the :~me for the payn ent of t~e deb~ h^rc_;y sec.,red g~ven by the 1LORTGAGEE or its wtcessors Or ass:gns, a~:all operatG _
ro re~ease, d:scharge, mod~fy change or affecf the Gr~~,nat Gao i,t~ of tne N.CRTvAGOR I~err~n, either in whole or in part.
10. It is spec~ficaiiy agreed that tl~ne is of the essence of th~s co~:iract and that no waiver o( any ob'~gat;on hereunder or of the obligat~on se-
' c,r•~d here6y shali at an~ ti^:e !hereatter be he!d to be a~ne~r~~r cf the term,s herc~f or of the insrr~mem sewred ite~by.
'r
i 11. In add.t;o~ ro the fOregC n[~ •rOnth~Y }:oymt~NS ot p.i..: ~:.al a~~d u+r:•r~;r reau~~~d b7 ih^ prcm rwy no~c s~:,,~ed h~~~~~b~. mort~agor covenants
~ d agr_es to pay to ~eo-ty_agee ~:th each rnonrh y Y..~~ e~v an aJ.Lr~o::ai s~^~ ~s' ~~fed b/ n10.'t j39Y2 20 be equal to ! 12 oi t~~e an.~~a) cost of the follow-
! -
i fEd~ propC~ty 13~~5 ~f'~~_.'~. O~ 35S_SS_Ci 2C~`.l~"'~5! S~~•: dt:~Y~ f~=-SC':~• C~ f~,~]~ CS'.lf~,
f
E B- Fr ns o~ f~re a~d vtii:lJsTO~~-~ ~nsu+~• ce as i~~-~c~n r:~q,,~ed to b~~ car~~• d c•z the ~m;,!ov_~nc~ti s:tvate on tha above J:s:nbed prem~ses.
~ C-Pr~mivms on such mort~>ae guarar.ty i~s~ra~ ce as morigagee sha:! 'ro r r~e ro t;,ne deem f~t to carry on the !oan secured hereby.
f htortgagee sh~'I .'~cm f~~-~e to t~:~:e noc~f; mcn,;ger :n wrning ef the a~~ o.:•~t duc and payable hereundrr and wch s~~n shail tnere~pon be due and
.,b!e on thr ci;;e d3!e of ~he neat n;onth.y pay n_~it a~~d e~ch s::ccessive ~.o•:fh ti,ereaft_r u~:ti~ mortga~ee sha!I not~fy mortgagor of a change in such
_um. $uch su:ns s a:. be a~ 'i~d b mort aa~se to.4ard Ihe a cent of real ro rt taxes, insura:xe rem.ums, a: d mort a e uaraN insuran[e
~ F 7 rF'• V 9_ P F F^ Y P ' 9 9 9 Y
t ~,,,~~ms.
y year firs? aforesaid.
~ I \VITNESS '.VNER~Of, the sa~d MORTGAG02 has hereu~~to set his h3~~.d and sral the da and
~ , ned, Sealed de'~ er in .e pcesen;e of: / ~ ~ _ n~
< - fILEO AMD RfCORDEO /rr'~~ET LyC:~/~-n..L~i-~5ps0
# ST.lUC1E COUMTY flA. ~ Cha lie ~Rober , Atki son
~ ~ROCEF ?01TRAS , «a~~
~ ~ ~Lr~-~~-~ L ~ x-~
CLERK Ci ::Ul1 COURT - «a~~
~ - RECORC YEFtFiED~ tilaaine L. Atkinson
- l5eal)
~ =."A7E Of FLORIDA ' ' ~ 1 p eM ~~Z ` , ,
St. Lucie i a~ rn~ z,~b049
~ ~ ~ U'dTY OF I
~ Befwe me personafty appeared Charlie FZ r rt .Atkinson end
_ ~laX Ll1Q L_Ptkinson _ _ h~s wite, to me well known and known to me to be '
a ~ ind~viduats described in and who exec~ted the foregoing instrumem, and acknow~edged before me that ihey executed the sarre~ fw the purposes
:
k ~he•ein expressed. And the :a~a_ ~~axine L._Atkinson___ _
~ :.;fe of the said Charlie Robert l~L{C1I1SOi1 ~ r pppo.p ~parste ~nd private
am nat~on by me taken separate and apart from her said husband, acknovvledged to and before me that she exetuted~ sai~ instrumeht freely and voluo-
~ i~~~~y and w~thout any compu's~on, constraint, apprehens~:o,n~1,
ot fear of ot fran her said husband. S
~ W7TNES5 my hand and official seal this_ -~LAi~__ day of_ ~ ~ A. D: 19 ?2
~lota.y P~bl~c in and for ~•,S " e of Flo~~d~~~9e
;t My Comm~ss~on expires: ' pX PUBLI , qov~ IOA ~t LARGE
- Return Ta: ~~~~~~~o~~~~ SEPT. 25~ 1975 -
First federal Savings b loan Associat~on g~p~- Inwrance ~:o.
- Of fJt1 I~~"C?. ' ~J~ ~ ~ .
+ ' 11 ~
fort Pi_•r~e. F':_r:da . ;
;a
'.t
~ This lnstrument Prepared By Jnhn l~'. Collins ~G
First Federal Savings 8. Laan Association RECEIYED IN PAYMEMT OF TAXEI
~ of Fort Pierce , F lor i da DiIE ON CuSS 'C' INTJINGIBIE PERS:iNAI PROPfR1Y~ f
pURSUAN~ TO CtiAPTER 11-134, AC1S Of 1~71. f~
s~ Checked BY ~OGER POIIRAS Clvrk Cirwlt Cowt 9t L~de Ca Ri
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- 600K~OO PAGE~~VV
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