HomeMy WebLinkAbout2504 3. To N'.:cr .+~~d ~o~~+~n~u~i~y :.cep on ti~z i,~, d~~.gs no+v or hatcafte~ aituata en sid !and a~~d on ....~:~;..•~ent end personally covered by th~s mor
ege, w.th all pr~.~~w ns tl~ar~on H., d ~n fuit, 1~re sura~~cc ~n tl~e ~su~l standjrd po'~cy form, ~n a su+~~ aY~,~o.~J by lhr :~1J1t:v.~:~E~, a~.d w~.~ds~o
nsuran~e in the usual ar~:,d;rd pot.cy for~n. in a wm apf~ro.rd by ~he M:IRTGAGEE, in s~ch co~~~Fany er to+~~~:.an:es as ~f~r P.'~02~~+A~~E m
d~~eu; and ail 6~e a~.d v.~nditprm iniuran~z pol~c~es on anY of sa~d bu~~d~ngs, any interrs~ ~h~ve~n or ~.a•t tl~,.•reo~, in the a99~_g~tc wm atores~~d
~n eaceis ~h~•reol, sl,~ll :on.,ln ~he us:~~l sra~~d~rd mo~ry.,gee c.ause er such o~her c!a~se as the hlortya;~ae ni,~y req~.~e, maA~ng rhr .ess undrr s~~d po
c.~•s. each and evrry. pa~.}b'r to sa~d .'dJR1~.AvEE as ~ts ~~~ta:rst may appear, a~~d each and e.a~~ s~ch p~ J sl:,i! be pcon•.pNy ass y• ~ci d d~.~:~•rcd
en; h~•id by se:d Lt021GAGiE ai f~nhar secu~ny to sa:d ~•.orrg.~~e d_b+, and, not tess than ten ~10~ de,s i~.~d.e~~ce of ~he exN~•ot~o~~ of each pu:,cy, to d~
,:ver to s~~d ti10RiGAGfE a rrr.~~v:sl thereof, togethrr vaith a ~ec~~~~:t 1or ihe pre~nium oi svch rene::a'; a.~d t'r~cre S!w ~ t;' +io f.re o! w::~.ist~'~? i~'•surenc
p!+tad o~ any of sj:d F:~~:d~~~~s, ony ~nt~rest there~n or part therrof, un:ess in ihe form a~~d wrth tF~r .o~s paroi;:e as a'.oreso~d; .,rd in the e:e~~t a~y sun
01 mon~y br-co~•~t3 payab:r ~nder s~ch poGcy or poi~ues sa~d MORiG~GEE sfi~it have ~he oNt;un tc r~c_•:.~ .~;:d ap~;:y sa•:~e on a::o~~~~~t o( ~he u~J~tt~~d
n_•si setur~d hc'rdby o~ to p?t.~~.~t ia:d ~dORiGAGORS ~O reCeivaT ~ use if W dny p:ert tlr~:cof t: r c:~~.~ ur .;s~~z. ~.:,t!~..,_t ih.•..!. :r
in~ ;ny eq:,~ty, I~en o~ r~yht und~~r or by vinue of th~s morrgac~sj a~~d in the evant sa d MOBiGAGORS sh.~!I '.or any ra.~son iail to k«~i~ ~he ShcCI p~emii~l so
~nwr~•d, or f.,il t0 de'~ver Hro~nptly any Of Sa~d poi.cieS t1 insura~ue !0 3a:d A50RTGAGEf, or f,:~~ z~•on,p!ty to {%ay fu,:y any ;:rr :`~.:;t~ iherefor Or ~n a~y
resprct iail to pe~form, d~scharge, exi•c~~e, efiect, comp!eta. co t~ply w~th and abide by th~s cova~~.+ or any p.vt h,:reof, s..~d MORiGAGEE ~nay piao~ a a
`a, Eor s~ch insur.,nce o~ any pa~t the:coi w~thout waiving or affeUirtg any opnon, lien, equ•~y, or r~~l~t u~~de~ or b~ v~rtue of th~s t.lorogage, and the
ti,:i mnount of each and ecery such payr~:ent shell be ~mmed;atefy d~e and payable and she!I bear iMer~st from th~~ date thrreof until p~id at the rate o1
,e pe~ co,v~~n per ac~n,~„ „~,d ro~.•+h_~ h~ih s~:h ~nre~~s~ sh~„ be sac~red by the lien of th~s mo~rgage. '
4. To permit, tommit w suffer no ~vaste, ~n:pairmrnf w dztrnoration of said properfy or any part thcreof.
5. To pay all and s~ngular the costs, charges and expenses, inciuding a reasonab!e anorney's (e~ a~d cos~s of abstracts of titte, incurred or pa~d at
~~~,r f~~•:e by s~~d MORTGAGEE, beca~se or in ~he ever.t of the fa~iure on tne part of ihe sa~d MORiGAGOR to duly, pro^~p~~y and fu~ly ~~fo:m, d~xharge
. wte, e4~ea, ca>>p:_•te, co nE.ly w~~h and ab ~e by each and every the supu~anor.s, agrctr.ic'ntS, cond~t~ons, and cove;:anrs of sa~d pro•n~;sory note a~~d ~h~s
.,-~y~~~ ~ny or e:ther, and sad COSti, charges and e~y:enses, each and every, shal~ be in'~mediatety due and payab!e; v~hcther or not tkrre be noT~ce da
,~,d, a:rr~rp? ro co:lep or suit pend.ng; arxl ihe f~ll amoum of each and every suth paymem shall bea~ inta~est from the date thereof unril paid a? t4,e
~ _ o• ~~~ne pe~ c<nt,;~n F~•r ,n.:c ~r .,nc ali smd wsts, tha~ges a+~d cxYenses 1rKUrred or pa~d, togaihrr wJh suth intee.>sl, shall be secured by the l~eo oS th~s
<,:ortgage.
6. That ;a! in the evcnt of any Ureach of this Alortgage or default on the part of the 610RTG~GUR, or ;b) in the event any of sa'd swns of money
t_~re~n referrrd so bz ~~ot p~a::.priy and f~;iy paid wirh~n th~rty ;3J? days neat ait~~r the san~e scvc•a:~y beca~ie due and payab!e, without demand or notice,
cr ,c) in tha e.rnt each and c~ary ine atfpu~at~ons, agreements. co~~d~tians and covenants of sa d promiswry nota and th:s rnortgage any or e~ther are no1
:~,:y, prornptly and f~iiy pertorni~•d, dscharg_•d, execu~ed, effectrd, compteted, compf~ed w~th and ac~d_d yy, then in enher or any such event the sa~d ag-
;~c•~ata sum n:ertt~onec! ~n s.+~d prom~ssoiy ncte thrn reniaining unpa~d, wifh inrere,t accr~ed, and a,~ monrys s~cvred hereby, shal~ become due and pay
forih~,~th. or ~here3'~•_r, at fl~a op~~on of s.~~d AtORTGAGEE, as fully a~xl comptetely as ii ail of rV,~• s~;d su:ns oi money were oi~g~na,ty st~pu;ated
t_~ be pa d on such d.:y, anytF.~ng in sa.d pro~n,ssory note Or in this hlorigage to the tontrary ~ot.v~lhsta:~d~:~g; and thcreupon or theteafter at the opl.on of
s:.~ MORTGAvEE, ~n,rt,eut norl.~ or de~nand, surt at law or in equdy, therefore or thereaifer brgun, may be prosecuted as ~f all moneys secured hereby
c. ~ matured pnor to ~ts insti'ut:on.
7. That in thr e.~nt rt,ar ar the beginn;ng of or at any time pending eny suit upo~ th~s Mortgage, w to foreclose it, or to reiorm it, or to enforce
;.~.ment of any c!e~ms ht~e~rdar, sa~d 1.:ORTG~GEE shail app!y to the Court having ~ur~sd.ct,on tbereof tor ~he appo~ntment of a Rece~ver,'such Court shail
r_ rtiw~rh appo~nt a~ece~ve~ of s~~d ~~,urtgagrd pro{xrty eil and s~ngular, includ:ng a;i and s~nyu~ar ~he income, prol~ts, issues artd revenues from whate~er
:-•ce darived. e~ch ar.d every ot wh:ch, a be~~~g express'y undrrsTOOd, is hereby mortgaged as iS spec~ficaily set forth and descnbed in the g.annn~ a~d
,~~Jum cia.,ses her~of, acd s_.ch Recei.er sha~i have a!i fhe b-oad and efrecnve funct,ons and powers in anyw~se enuusted by a Court to a R~ceiver, and
s.n 3peo~nrment shiii be mad-e by such Co:~rt as an adnittrd eguity and a matter e( absolute rigM to sa;d MORiGAGEE, a~d w~thcut reference to the
~ i .;~,;cy e~ inadeGvacy of th~ value of the property mortgaged or 10 the Se~v~ney or ~nso:vcnty oF sa~d MORiGAGOR or the defCndent5, and that S~ch
~s, prof~ts, i.ce,ne, issues and re~r~:ues shail be appl~ed by s~ch Receiver accord.ng to the lien or eq~ity of sa~d h10RTGAGEE and the pract~ce of such
Wu!f.
8. To d~'y, pron:~ t:y and iuily perfo.m, dncharge, execute, effect, complete, comply w~th and abide by each and every the stipulations, agreements,
,or,d~i~ons and cove~~ams ~n said p~omiSSOry notc and th~s ~rr~age se? fo~th.
_ 9. That in the eve~t rhe owne~sh~p of the mortgaged prem~ses, o~ any part thcreof, Eecomes vested in a person o~her than the MORTGAGOR, the
:"~RTGAGEE, its auccessc+s and ass~gns, may, w~thour no~ice to the MORiGAOR, deal w~fh such successor or successor interest with reference to ~his
~ rigage and :he d_b~ hereby sec~red in the same manne: as w~~h tdongagor w~thout in any way vit[ating or d~scharg~ng the Idcrtgagors' liab~lity here-
. der or upon !he dc'oT hc'r~uy secured. Ne sa!e of the Frem~s?s hereby mortgaged and no fo~bearance on the part of the f.10R1GAGEE or its successors
ass;9ns and ~~o ex:ens;on ot ~he ~~me fo+ the payment of the debt he•eby secured g~ven by the MORTGAGEE or its s~ccesson or ass:gns, al~all operate
re~ease, d~scharge, mod~fy cf~ange or affect the orig,naf liau:l.ty of thr MORTGAGOR here~~, either in whole or in part.
10. It is spec:~ica~;y ag•eed that t~me is of the esse~ce of thFS contract and that no waiver of any ob~~ganon hereunder w of the obfigation se-
c~•ed hereby shai~ ai anj t~~,~e th_reat~er bs h•_!d to be a wa~ver of the terms hereof or of the instrumem secured herby.
I 1. In acid t:•~ i to ti~r torcqo ~~g ~no~th~y pa~~n_ms Of pri~tc pal and interest reqwred br the prom sscry no'e s~wred hcr~~b~, mortgaqor tovenants
• i eg~~cs ro Ye~ to u-tg;~~e v.~*h each r.~~nrh;y pa,~.•e:v an add.~~or.al sum est:n.ated b/ mw~y~gee to be equai to 1 12 oi t;~e an:wa! cost of the foliow-
A--AIt rcal rrcp•-rty t;a~s le~~ed or assess•_d agri~~st the above described real estate.
E Pr.:~ „~,s o~ f:r_• ard :•.incisto ~n ir.s~ra~ce as ner~~n requ;red to be carr~ed en the :m;:rove~ne~ts s~t~ate on th~ a~ove d:scrihed premises.
C-Premw~- s o~ scch mors~age guaranty ir.svrar.ce as mortgagee shall frorr. t me to t~me deem fit to carry on the toan secured hereby.
h:ortgagee s~~~ : i~c~n n~~e to t~~~ie r.onfr mortgager in writ~ng of the arr~ou~t dve and pjyable here~ndar and such sum SF13~~ thereupon be due and
I .;!,!e on nc~ c+.;e a;••_~ of ihe n•_rt ~„onth.~ paymenr and each success~ve month thereaft~r w:t~l mc~t9agee sha!t not~fy mo:tgager of a change in such
~~nt. Such su~ns s~ , be arF~ ~ed i,y mortgag.r toward the payment of real property taxes, insuran:e p:em.u~ns, and mortgage guaranty insurance
~ . c ~~:iums.
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f IN `:~ITP1E~5 ::HEREOF, the sa~d MORTGAGOR has hereunto set his hand and seal the day a~d year (irst aforesaid.
i
S~gned, Sea!ed and deliv e in the ~sence of: `
` ' 1 cs~an
~ ~ ~ ~1 '~l, ~ 1 D Thoaa (Seaq
~ -
~ _ _ ' ' (Seal)
~ - - - - - ~ - h 5 (Seap
~ :'~TE OF FLORIDA ~
Lucie _
~.'~UNTY OF St • 1
I.o al D. ThOmas - ' a~
Before me perwna~ly appezred _ y
~ . PZ'1~/1115 Thomas his wife, to me well known and known to me 10 be
_ ind~v~d~ats descr~ted in and who executed the foregoing instrument, and acknowSedged before me that they executed the same for the purposes
~ Ph llis Thoma.s - ~ .
~h~ru~p expressed. And the said_____1~-
:.;f~ of The sa~d _~_Y~ D. Thomas vpon~s xps~ats;sod;~rtw:e
~ e.3m~nat~o~ by me taken separate and apart from her said husband, ackoow~edged to and before me that she executed sa~d ins~~tlinent f~~ *IId vOlvn=
y and w~thout any co~:puls~on, constra~nt, appreFjfn on, or fear of or fran her said husband. ~
+1.
WITNESS my hand and offic~al seal th~s_ _ day of r J~e - A D.~'. 9__~__
-f L . .
Nota Public in ar.d for t St •Of~IOrids sJ lsf~e,,
My Qomm~ssion expires: ~ '
~ Return io: 3 ~"'7 , ~
~ First Federal Savings 3 Loan AssociaLOn e; j~ T
y, oF F~,~~ P:~.-~ flLEO 4! .
" Fo~t P~_rce. fi~~':i~ ST L~JCI~ fCGkA~D
~~l.NT1' f~.
p~~'- r~~i'RAS
CLERI~ . :i? ~O~Rt
~ R=f~^p y_• :ri
~ This Instrument Prepared By= J. H. Roberts, Ji. ~u
~ First Federal Savings 8~ loan Association ~~O 8 i~i li~1 ~r1
of Fart Pierce Flot ida 33450
r
~ ~ 232452
~ Checked By
~ ao~K203 F~~5Q~
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~:2r h §t ~ _ - ~ N
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