HomeMy WebLinkAbout0328 3. To p'.~ce and COnlinuO~51y S~rep on ~he bu~'dngs now o~ hereafter a~tuate on sa~d land and on a;1 ~~quip,nent and personalty covered by this mor
a.~r, w:rh all pren.~~,,s i1~.reon Na d~n fu(I, fue insu~~nce in the usual standjrd po'~ey form, in a s~m aF•;~ro.rd by the htUR•:,aGEE, a~~d w~ndsto
lnsurance in tha vsual s!anJard pu;.cy torm, in a Sum app~oJed by the MORTGAGEE, in SucA tompeny or com~ an+es as tha L102iGAGEE m
~l~~etr, anrl all 1ire a+:d vv~ndstcrm ~nsurancr po!~cirs on any of said b~ild~ngi, any inte~est the~cin or part thcrrof, in the a99~~yate su~~ aforesaid
in excrss thereoF, shalt cunr;;in tha usvat sta~~:ciard mong3gee daute o~ SuCh otha~ t~ause as the hlortyagee rnay requ.re, making thc ~css undar Sa~d po
ues, each and every, pa,.,~'e ro sa~d A1JRiGAGEE as its imer..~st may appear, a~d each and every s~ch po:~c/ sLa;( i~e pro~~~pny asiy~~cd o~~d dr~~~c<<d :
an~ hc•Id by sa~d ;dORIGaGEE as funher s_c~rity to said m.ortgage debt, and, not less than ten (10) days i:~ ad.~~~ce of the exp~~aY~o~~ of eacn po~~ri. to d~
~i~vB1 f0 Sdid ~V.UR{(.ri. , • - iJi f~~c ~ _i ..,,...:...l. t1,,••p s{.a~! hp .,e i,fP n~ ~vmdStC.nn 1nSV~dM
Ut! J ff~li'Jfu1 Illit(C'O1. IOar11127 W1111 a ~i:~~ifr~ L- ~.:a::~~~:+'~ _
~.!aced on any of sa'd bui!d~•~gs, any imerest the~e~n or part thereof, ~nless in ~he fo~m and with the ~osi paysa'e as afcreso~d; ar.d in fhe event a~~y sun
of money beco~nes payab'e vnd~a s~ch poli:y ot po~~cics Said A10RTGAGEE shall have the oNt~On to recr~vc .,nd o~{.~'y t~ie sa~~~e on atto~~~t of the indact~d
r.<ss secured harrby or :o penn~t sa~d MORTGAGURS to retcive and use it w any pcrt th_•:~~o! ior c,~~• * y.~~ -5r>. t:.~"i~-t ih
~ny any cqu t~. I!en or r~yht und-~~ or by virtue o4 this mortgage; and in the event sa:d M~RTGAG025 sh~'f ;or any reason fail to k~ep the said prem~s~s so
~~sur~d, or (ail to d: ~vc~ pro~nNtly any Of said pOGcies Of insuranCe 10 Said MOR(GAGEE, ct fai'. p:om~~ciy tu F~ay iu~ly any i>re~n~~m thcrefut or in a~y
~c-;p~ct la~l ro perfo~m, d~sch„rge, executa, effccl, toniplet~, conply with and abide by th~s covena::t, er any pe~t h:reef, sa~d MURTG:aGEE may piace a o
c.:; for s.,ch Ir.sur,~nce or any part thar~of without waiving or aifecting any op~~on, lien, equ~ty, or ri~hr vnder or b~ virt~e of fhis hlortgage, and the
+ a~no~nt o4 each a~~d e.ery svch payenrN shall kx immediate~y due and payable and shall bear imerrst frorn th~ date thcreoi until p.,id at the rate of
,,~.e pcr c_~nium E;er ar.n~ .,n:i Toj_•:h:r ~n+:n suci~ i~,eerest ahsl; b2 sacured by the lien ef lh+s mo~tgage.
4. To permit, com•»it or suEier no waste. ~~npairment or deterioration of said properiy o? any pait thereof.
~o pay a'I and s~ngular the costs, cha~ycs ar~d expenses, indudi~g a reasonab~e attor~ey's fee and cosn of abstracts of ti~te, incurred or paid at
~~,r t~•na by sa~d A10RTGAG`_E, because or ~n the event of the fallure on the pa~i of ~he said MURiI~?isuk io duiy, pro;:~pi~y enu fu~i~ p~r~o~~r,, u.;.E•,;:g;;.
cuse, effea, cc~~~~;:ete, co:nF~ly wah a~~d ab.de by each and eve~y the stipulai~ons, agreem~nts, eond~t~ons, and covenants of sa~d pro:n~;sor~r note and th~s
~.o•~gagc any or e~ri~_r, a~,d s~.u cos~s. tiia~yes a,~u rw b° :'^^`ed•"`.Iy ,i,~~ ~nd nayaF~!e- wh~•ther or rtot there t~ not~:e d>
N~-rs~>, e - y,
a;ternpt to co.lrct or suit prnd~ng; and Iha ful! a:nount of each and every such paymem shall bear ir.terist from the date the~eot un:il pa~d at the
~~„~ne ~x~ c_•~xu~n ~:~•r a~i,~c aii said costs, cr~ar3es and ex~cnses inturrrd or paid, togrtt~er w~th such interest, shall be secured by the i~en of th~~
:nortgage.
6. Thai (a? in the e~ent of any breach of th~s hlortgage or default on 1F~ part of the MORTGAGOP., or ;b) in the event any of sa:d sums of money
k, re~n refe~r_d to be not tr.,~r~p~Iy and fuiiy paid w~tn~n th:~ty t301 d~~s next aft~r the same s•~ve~a'ty become due ar.d payab!e, without demand or notice.
in tha event each and every ti~e stiF,ulat~ons, agreements, cond~tions and covenants of sa d proz~usso~y not2 and thls mortgage any or either are not
~.,'.y, p~o~nptly anc3 iul;y perto~med, d.scharg•;d, zxec~red, efieUed, compteted, compl;ed v.i~h and a~~ded Sy, then in e~iher or any such event the sa~d ag-
,_~s!e sum mem~oned in said pronilssory ncrc ihtn remain~ng unpaid, with intere,t acuucd, and a,~ monr~s secured hereby, shali betome due and pay
_ fcrth.vrth, o~ th~rratter, at thz opf~on of sa~d 1.102TGAGEE, as fuily and completely as ii a!I of the sa~d s.,:ns oi money were o:~ginatly st:p~,atrd
i~r ~.a:d on such d~y, any~h~ng in sa d pro~~j~saory ~ote or in this Morigage to tha Contrary not.v~thsts~:d~ng; and thereupon or thereafter at ~he op~~on of
I":.O~TvAGEE, 1r~nc~ut nor~ce or den:ar.d, s~~t at law or i~ eq~~ty, therefore or thereafier begun, may be prosecuted as if ail moneys secured hereby
i matured pnor to ~ts init~tut~on.
7. Tl:at in the ever~t that at ~he beyinn;ng of or at any time pending any suit upon this Mo•tgage. or to foredoze it, or to reform it, or to enfo~ce
.-._nt of a~iy t'.+~~ni i~z~c~ndcr, said f:ORTG'+GEE sh~;i appb~ to the Cour1 having ~urisd;tror~ !hcteof for thc appo~mmeM of a Receive~, su[h Cou~t shail
.•,,th a~:p~c~~t a rece~:er of sa~d n:crtgay~-d property a~l and singular, includ~ng ~II a~~d s~nyular the income, pcot~ts, issues a~•d revenu~es from wh~te+er
; -ce d~~rived. ecth a~:ei every of ~tih th, it beuig express'y understood, is hereby mortgaged as if sp•3o~~coily srt forth and desCribad in the gronting and
~ e~~cf~•n c avsrs her~of, and such Recei,~er shat4 have afl the broad and effecs~ve f~nct ons and po.,era ir anyw•~se entrusred by 0 Co~~t to a Recriver, a~~d
c,h ap~winTr:~-:it shai~ i~e niade by such Co~ut as an ad:•~itted equity and a matter of absoiute rgM to sa~d AlORiGAGEE, a~d wi:hovt rcference to the
:•~~~~cy or ~nadrquacy of tha va:ue of tftie prope~ty mortgaged or to the so:vency er i~uc.vency of sa!d MOR~G~vOR or rhr defe.^.dants, and rhat svch
•s profits. inco.ne, ~SSVGS and revenues shail be applied by such Receiver accorduig to the 7ie~ or equity of sa~d tAORiGAGEE ar.d the practice of such
~O:/fi. .
8. To du'y, promF tIy and fully perform, d~scharge, exec~te, effect, complete, comply wifh and abide by each and every the st~pulations, agreemeNS,
_~.:iit~cns and cevenants ~n sa~d promissory note and thls mortgag~ set forth.
9. That in the ev^nt ~he ov~ne.sfi~p of the mortgaged premises, or any part the~ecf, becomes vested in a pe.son other than the MORTGAGOR, the
'~`RiGaGEE, its succc•ssws and ass:gns, may, wl+hout nonce to the b',ORTG~OR, deat •xith such successor or wccessor 1n interest w~+h reference to th~s
---!gage or:d the d~_ul hereby sec~ied in the same manner as with hlortgago~ w:thout in any way vit.ating or d~scharging the Mortgegors' liability here-
.,;.r or uFcn th~ deLt he;cb~ secured. No sa:> of the F~cmises hereby mortga9ed acd no forbearan~e on the parf ot the !.tiORTGAGEE or its wccessors
ss ~~•.s and ~,o exrrnz~on of the t~m,e for rhe payment of the deb~ hereby secured g~ven by the ?dORTGAGEE or ns svccessors or ass:gns, ahail operate
, re~a.,se, d schargz, rt,od~fy char.ge or affect the orig~na{ liau:lny of the MORTGAGOR herem, either in whoie or in part.
10. It is sr:cc fk,~~~~ agreed thar t~n,e is of the essence of thls contract and that no waiver of any oblfgat;on hereunder or of the obfigation se-
_:•~d hereby sha:, at ar~~ t[•~:e th,.~reafter be hcld ta be a wa~ver of the terms hereot or of the instr~mem secured hecby.
I 1. In ,:cid tc:: rne iorego ~r9 r•o•~th`y F:~ym•~nts of p-inc'pai and intrrest requued by the prom:s>cry nor,.• sccured herebr, mo:tgagor ccvenants
.,yr; ~s To ;:ay to ,goe v.~~F~ each n on~k'y pa~:. erd an add~rional s~m os~ ~~,ared by mortyagee to be e:~uai to 1 12 of t;ie an:~ual cost of the fotiow-
A-AII r~a: ;~ope•r~ taxes lev~ec'. or assess_d agsi•,st nc~ a6ove desuibcd reat estate.
6 Fr ..;,-,s cn fire and a:u.dstor~~~ ~nsurar~~ as i~ere~n reqv;r~d to be carri=d en the :m;:rcveme~ts s~tuate on the a6ove d=st~ibed premises.
C Pr~•~n.;r~.s o~i :.,cn m.ortg>ge guararty iesura~.ce as mcrtgage~ shall frc~*~ t:me to time drem fit to carry on fhe loan secured he:eby.
ii crg,~ce s_;'•c,n t~~n~ to r~:~;e nc•~f; mo.t4ager ~n r.r~t~ng of the a~-:ov~t d~e and payable hercundrr and such su:r shaU 1hereupcn be d~e and
..,i:!e o•~ tl~c (!J , CJ:ti UT rhe r._xt ~nonth:~ pay~r:^r.t and each succcssive month thereaficr vr.til mcrtga~ee sha'1 not~fy rnortgagor of a change in such
. Su_h s~:••z s,.I !;e a,;~.:icd t,y mcrtgaa~:e rov+ard the payment of real properry taxes, insu~ance prem:ums, and mortgage gwranty insurance
I . • ~,~.iwns.
f IN '::f?PiE~S :~:H:~,c6?;~~the sad MQRTGAGOR has herevnto set h~s har.d and seal the day and year first aforesa~d.
! gned, Sea:ed a~H de~~+ered~ ~i_e presence o~: ~ I n
' .C ~ ' 1 ~ ~ ' cs~an
~ _ W'llard E. Hu k . ~~,q
~ - ' (Seal)
~ Patricia L. Husky ~~ap
~":~TE OF FtORIDA 1
1 SS.
- : ;r,rY OF ~_St . Luc ie
Before me persona~ly appeared ~Y11.18ZC~ E. Husky, Jr. and
_ Pat I1C ld • Husk~ _ h;s wife, to me well known and known t6 me to be
ind~viduats de>cr~b~d in and who executed the foregoing instrument, and acknowtedged before me that they executed the svAte•~r tha purposes
r'--,•e~n express?d. And th~ S~~d_ _Patrieia L. Husky
ef the sa~d _ W111~YCj
E. Husky~ Jr . _ upoq a separate/and private
-n~na!;on by me taken separate and apart from her said husband, acknowledged to and before me that she executed jaid•insr~Jment fteely~S~±d~.volun-
~ ar,d v+~ihour any compu'.sion, constra~nt, apprehRns:On~or fear of or from r said husband. : ' '1 -,:r~
t s~,~
~vITP~ESS my hand and official seal this_ _ _ ilay of ~ ~CtObeX ~ ' • ~•..p:'~"tc
- J E `n
. ' .
~ _ ; =
, ! No!ary Publ~c in a torilhe Sta Qf Flwid~~3f la~qe`
~ My Commission expires> ~ '
~ , 3 ~s ~
~ Rer~r~ To: T?. ,
~ F;rsi Federal Savings b Lo~n Asso;iation ~
p+ ;urt P . •te. .
Fuit Pi.•rce, F:~..~id~
FjLEO ~yD RECOROED
ST.wc~E cauNllf fU.
This Instrument Prepared By: RiChatd K. Kayes ~ RCCEp NJ~TRAS ~
CIE~K ~5;~ :U11 COURT
First Federal Savings 8~ Loan Association pfC(~R > V' ~E£
of Fort Pierce ~ Florida 33450
Checked Sy ~ R ~j ~0 t0 56 aH
so~K207 Pti~i 32$ -
239592
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