HomeMy WebLinkAbout0081 3. To p;,~c~• :,~.d conr~n~oualy keep on the bui'Jmgs now o~ hr~eelte~ aiiuare on a.,~d la~id and un afi equ;pment and personatiy covr~ed by d~is mor
n_ic, w ~h all pren,.,, nt ti;.,r-on p.a d u~ fu~l, f:rc insure~ite in thc ~sual stai~d3rd po iey IO~m, in a sum aHpro+rd 6y th: NOk~v%+GCf, and vvindsto
~ wr,nce ~n ~ha us~al S~J(1(IJfd ~;.cy to~m, i~ a suni a~.pro.ed by the AIORIGAGFF, in sush co~npany or co~npan~es as ~hN htOR1GAGEE m
d,~~c~; ancJ alt 1~re a~.CI N.~i1(~StJf~h inw~ance po:~c~es o~ any of sa~d b~iid.ngs, any interest ~firrein or part th~reof, in ehe agg~_go~e swr atoreso~d
eRCrss ~h~rrof, S!~311 :Jn;u~n ihe u:wi ua„d~rd mortg.~y~e ciau:e or such o~her d,LSe as the ldo~tyagee may reyuare, n~al.ing tna +oss u~~dr~ s.~~d po
:~•s, each and every, pa~ ~b'e to s~~d :tOR1GAGEE as ~rs imur~•st may appea~, and each anJ eve~Y :uth po ~cy shall be pron,ptiy ass g~~ed a~~d detivc~ed
a•~~ held 6y s~~d tt,OR:GAGEE as fu~iher securny to aa;d n~ongage debt, and, nor less than Ien (l0) d.~ys in adlance of the expironon of cach pol~cy, to d.
;.er s,~J lt10R(GAGfE a ienewoi thereof, tc~gerhrr with a ~ece~pl for th> prr~nium oi such renewal; an,: ihere shall be no Lre w~vindstcnn inwrant
~!.~:ed on any of sa:d 'o~i!d~n~s, any interest there~n or p~rt thrreof, un!ess in the form and with ihe loss payab!e as afc~esaid; and in the e.enl any sun
of mo~:ey 6=co:nes payable ur.drr such poliCy W pOhties sa~d MC)RTGAGEE s~ult have the opt:on to rec•_~.e ~nd ap~,!y t;ia Same on atcow~l ol Ihe ind~bted
ss ~rcLrrd iiar~•by pr ~o pcr~n~t aa~d IAORTGAGORS to r~[eive and uSe it M any part th•~:eof tor o:i~••r Hui: :;sos, ~'.:~f,~~,:t th or ~v_:,i i3 ct u~ip.~r
any ~qv t~, lirn or righl under or by virtue of this mor'gage; and in the eveM sa~d MORTGAGORS shall ,`a any ~cason fail to k..~ep the said premises so
s~r~d, c~ (.,if to d•_t~ver promNdy dny of sa~d poL•ti~s of :nsurante ?o sa~d MORTGAGEE, or tai! nromptiy to pay Iu!ty any pre n;um thrruior or in a~y
~.~poa ia~l ~o pe~form, dsch~~ge, execu~e. efEea, canpleta, co:r,ply wi~h and ab~de by th~s covenant, o~ any part hareof, sy~d MGRTGAGEE may piace ~^C
~ for such inwrante or any part thereof w~thout waiving or atfecting any option, lien, equrty, o~ r+ght unde~ oi b~ v~rfue ol th~s hto~tgage, and thc
,~~r,ou~v of eoch and e.ery such paymant shell 6e immed~ately due and payable and shall bear interi•st from ihe d~te thereof until p„~d at the rate ol
e{:cr cent~rn per ar.num e~rd to~rth~•r with wth int~•:~st sh~i~ ;~r sacured by the lien of th+s mortgage.
.t. To permit, comn~it or suffer no wasle, impairmem or deierioration of said property vr any part thereof_
5. To pay a!I and sing~tar the costs, charges and expenses, inciuding a reaso~able aftoaney's fee and costs of abstracts of t~tie, incurred o~ paid at
. c by s:,~d h',ORlGAGEE, because or in the event of fhe fa~iure on the part of the said MORiGAGOR to duly, pro~~pHy and iully pe~fo~m, d~scharge.
:ure, rfiec+, cc,n,Hlete, co•nply w~tfi and abdr by each and every the stiputa~~ons, agreements, conditions, and cavenants of sa~d p~om;>sory nore and this
_:.rg,ge uny or e~rhei, and sa d cosrs, charg~s and expenses, each and every, shall be immrd~ately due ano payabie; •xheiher or eot fhere be not~ce d~
d, atte~rpt to coGect or au:t pend,ng; and the full amount of each and every svth payment shall bear im~res~ from Ihe date thereof untit paid at the
• o~ ~..~,e per c..::.u~i~ ;,t•r a,,:w ~:~d a11 said cosrs, char3es a~td rxae~+ses ]nturred w pa;d, torether ~v~th wch inte~est, shall be secured by the Gen of th~s
. rtgage.
6. That (a} in the evcnt of any b~each o( thls Mortgage or defauR or~ tM part of the MORTGAGOR, or ;b) in the event any of sa:d sums of mo~ey
~•.~in ref~~rr•_3 to b•~ nof pro•rptiy and fufly pa~d within th~ny ~3Vi days next aircr the sarne se~era'ly become due and payabte, without demand or notice,
'c) ~n ?ha e.eM e<.ch and every the stip~;atioos, agreements. cond~Ti!~ni and covenants ot sa.d pro~n~ssory note and th:s mortgage any or e~ther are nol
F.on~prly and f;, ty performed, d.scnarged, executed, effected, completed, compi~ed with and ab~ded 5y, then in e~~her or any such event fhe sa,d ag
~ate su-n rn~•nnoned in said promisso~y nore then remaining unpaid, with mterest accrurd, and ai~ ~nonays secured hereby, shall become dve and pay-
_ tc~rh,.~rh. o~ :h~•rca4t_r, at the opr:on of ss;d MORIGAGEE, as fuiiy and comp;e~cly os iE atl 01 r?er sa~d sums o' money were or~gina~ly st:putated
~ d on •.~~cF d.:~, anithing in sa d p~o:n~ssory note or in th's htoreqage to the coro~ary noi.v~ths+~nd:ny; ar.d ~hercupon or thereafte~ at rhe opt~on of
f'l~ORTGAGEE, v~.~ti;o~t nonce or demand, suit at law or in equ~t~r, ~herelore or thereaf~rr kxgur, may be prosecuted as if all moneys secured hereby
..i mewr~,d pr,or to rts insht~LOn. ~
7. TF.at ;n the ev_~„t thet at the beginn:ng o5 or af any time pending any suit upan this Mortgage, or !o forec;ose if, or to refo.m it, o~ fo enforte
,~nent of any r; ~~r.s he•ev~~dar, said MORTGAGEE shall appty to the Courl having ~ur~sd,ctiun thereof }or the appo~ntment of a Receiver, such Cuurt shall
::~r6 arF.a.M a re.e~ver of ssid mortgaqed propzrty all and sin~u~a.•, inciud•ng ail and singular the income, p~of+ts, issues ar.d rev~n~es from whatever
d~~r~:eci. e~cn ac~1 evcry of ,Kii~c!:, i: ~„eg exp~essly ~ndersTOCCi, ~s hereby mongaged as ~f spec~fically set forfh and descr~bed in the graroing and
~,nd~~~ c a.,s~s her._oE, and such Receiver shaii have ail the broad ar.d effective funct.o~~s and po.vers ~n d~1y'N~SC entrusted by a Cowt ~o a Recciver, a•,d
~ 3~~-;::n•~nenr sf ~.t be n,.~de by svch Court as an ad~nitted equisy and a marrer of absolure r~ght to said MORiGAGE., and without re(erence to the
-1~=~i ~~adeq~at; of t~•,~ va:ue of the properly mo~tgaged or to the Savency or inso:vancy of said MOR7GAGOR or the defendants, and that svth
•s, prohrs, inco.«e, iss~es and revenues shall be appi~ed by such Rece~ver accord~ng to the lien or equity of sa~d MORTGAGEE ar,d the pracrice of such
_.,,rt.
8. To d.:'~, prom} r:y and ful~y perfarm, d~scha~ge, execute, eifect, complete, comply w~th and abide by each and every the stipulations, agreements,
-d~~:ens and ccvar~anrs :n se~d promissor~ ncte and th;s mortgage ser forih.
9. That in ih~ evc~t the ownershlp of the mortgaged premises, or any part thcreof, betomes vested in a person other than the MQRTGAGOR, the
',`RT~;kGEE, i~s svccess~~s and ass~gns, may, withoui notice to rhe ~VIORTGAOR, deal w~th such svccessor or wccessw in interest ~vith reference to this
'~aye a~ d rhe d_ i,t i,ercby secvred in the same manner as with ldortgago~ withput in any way vitlating or d~xharging the Idortgagors' liability here-
or ~pon fh~ d_•tt h_r~o~ secured fYo sa,e of the Fre~r~ses h~reby mo.egaged ar,d no forbearante on the pan of the /AORTGAGEE or its successors
~ss g~~s and -~o ~x!en;:o~ ct she t~rne for ~he payment of the debr h~.eby secured g~ven by the IAORTGAGEE or its successors or assigns, ahall operate
o re ~ase, d.scha:ge, mad~fy cha.~ge ar afiect the origma~ Iia~.Gti of the N~ORiGAGOR herein, either in whole or in parr.
i0. It is s~ec'.:cal;y ;omed that t~me is of the essence of tf,as contract and that no waiver of any ob~~gar~on hereunder o~ of the obligation se-
-.d hereo~r s~a:~ ar an~ nc,e tht~reatter be hE;d to b~ a wa~vzr of the terms hercof or of the instrumem secured herby.
11 ~.1 i• c;*o *!,e icrene ~~g ~~:onth!y pay~r~~nts of p.inc pa; and inT_resT regulrrd by fhe prone'ssery no'e s.^c~red her~•b~, mo:tgagor eovenants
.,~~-:es ro;,,; w:•., ~~~~•;e v.,;h each ~T:unrh;y pa~~ •ent an ac:d,r~onal sun, rst::, ,ted b~ mortyagee to tre equai ro 1:2 of tha annvat cost of the fol'+ow-
A-:,tl r_al rrop.:rty tax;s Ic.~e~ or ass~=ssed ~g3i•~st th~ a'~ove descri6cd real estate.
£ P~. _•~s c:z i:r,• and rr~r.dstorm ins~~arce as ne:ein roq.::red to be ca.ried en the :m;aoveme~ts s;tuate on thc above d.scribed premises.
C-F:.••._ ~s o~ s.::h rr.c.rt~.gE guaranty ~csura~.te as morrgage>_ shall fro:r t"me fo t~me deem fit to carry on the ~oan sew:ed hereby.
b:cr!a ~ee s~.> ~'•cm~ n•~~e to tcr.e nor+f~ mortyager i~ v.~it~ng pf the 3/i^OU'11 due and payable hereur.dat and suth su~: shail thereupon be due and
on~ti., ci,• c....~ cf rh> ~:e.t n:onth;! parmenr and e;,ch svccessive month thereafr_r ur.iil mertgaqee shall not~iy mortgagor of a change in wch
r.t ~,=n ns s~ ~ i i;e a::;•'i~d by mor;ga~•.e toxard ihe nayment of rea! property taxes, insurance prem;ums, a:~d mortgage gua~anly insurance
~ '~,I:Jn15-
:r!i~~~js :;y_REOF, sne sa~d PAORTGAGOR has hereunto set h~s hand and seal the day and year first aforesai.'"V v
~ ned, Sea•.ed a~d ered i he presence of: ~ Q~
, ~ - (Seal)
Gold3e Ross ~~a~~
- - - ` yx.'
~ ~s~so
- - - _~e~3e Ross cseaq
OF FLORIDA
u.
~ - l;'~TY OF St . Luc ie ~
Before mP oersonaily appeared _ GO~(~i@ ROSS and
,_~~~Q IZOSS his wife, to me well icnown a~d icrww~ fo me to be
~ ir.d;v~dua;s descnbed in and who execured the forego;ng instiument, and acknowledged before me that they exeeufed ihe 3atnA•for ih~ purposes
i~
! •ein eaaressed. And !he sa~a__ 2~ii~tie Ross
Goldie Ro s s T-'- ~
of fhe sa;d ~Oh a~par/~ te bad~ptjvate
n3~.on by r~,e ta~en sepa~ate and apart from ;her sa~d hvsband, atknowled ged to and before me 7hat she executed s a+d in a~ r u at f r E
e( y' 3 h d a r o t u r r
a~: d w rhovr any compu,s~on, constraini, apprehens;on, or fear of or from her said husband. ' ~ -
~ ~i
! Yrli;.ESS my hand ar.d of'.;ual seal this_ 7th day of ~q:. 72
" c~
~ 4d rt , ~ .
Not ry Public in and i the tate o;€loridaro~ Gge
My Comm~ssiori expires: ' ;
R~,~~~ r~: ~ 5 ~ . ;
i;rs! Federal Sar~n~s S loan Associ~t.o~ 235~24
O• =;,t F•:ee
Forr F:...ce. Fic~,~~,
FIIE~ ~hC RECOROEO
~ SL LUCI' CBUNSY FIA.
` RO,; i';~~'~AS
CCEF,K i.. i,;}~ i COUP.T
Th„ Instrument Prepared By Richard K, Kayes REf^~n ~'s~ '='F~.~.,..~~~
~ F~r;t Feoerai Sav~ngs & Loan Association pu
; of Fort Pierce ~ Florida ~ 20 f n ~-~~7'
~ [ L GGC. -
_ Checkeci By . Il~ ~
BI1DK~ ~
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