HomeMy WebLinkAbout0340 3. To p".acr an(I COnhnuOVS~y Aff~ on the bu~'ci~ngs now o~ hereafter ~ituate on sa~d land and on al~ cquipment and personally covered by this mor
e9e, w:rh a;l prert~~ur~s th_rF•on ~•ad in ful!, fire ins..rance i~i the usual standard poi~cy form, in a sum aHproled by tha htVR~vAGEE, a~~d wi:~dsto
~nw~a~ur in the usual ss_andard pa cy form, in a svm approved by Ihe MORTGAGEE, in such co~npany or to~n~%ar.;ds ~s the h'~C2:GAGEE m
d~rcu; and aiI i~re a~.d w~ndvcrm ~nzurance po~it~rs on any of sa~d bui'd:ngs, any interest thcrein or Nart thare~f, in the a99~cgare sum aforesa~d
i~ ~~acess th~~reof, shall conta~n the ~sual sta ~.d;rd mo: ~g.~gre t~3use or suth other Clause ds Ihe hlortgag<e may reqo.re, mal.i~g the ~oss under sa~d po
c~es, each and rvery, pay,ibie to s~~d .UJRiGAG~E as :rs int~rast may appear, and each and every such po,~cy st~ail be pron,ptty assg~~ed a:,d de;~ver~d :
any hrid by sa~d t.',ORI;;.4G~E as furth~~ s_cu~~!y to sa~d ~r•ortgage deot, and, not leis ~han ten (10) d~ys in ad+ance o( iha exNira~~on of each po:rcy, to d~
I~ver ro s~~d !dORiGAGfE a ren~v.sl thrrrof, toge~her with a rece~pt for the premium of suth ~enewa!; and there shail be no f~re or win.isto•m insuranc
ptaced on any oi sa!J b~l'd~~~gs, any ~nrc~est thcie:n or part therroF, unless in ihe fonn and with the ioss pay.,i~!e a: aicresaid; ard in the event any s~n
04 money becoanes p~y.~b:e undar s~ch pot~cy or poLcies said MORTGAGEE sh311 have the opt:on to ~ecoive a~~d apF~:y ti~: sa~ne on account of the indabt~~d
r:_-ss sr:urc•d he•~b~.or to parm~t said 1'dORTGAGORS to rctcive and use it or any part th•r:cof ior o:~~• r ~.ur. ~s~>. ' th:~-.~; ~7 c~
~ny any eq~,ty, Len or i~~ht ~nder or by virtue of ~his mc:c~age; and in the event sa~d MORiGAGORS sh,itl '.or any raason~ail to krep ihe sa~d prem~ses so
u~sur~~d, or f;.il t0 Cld'ive/ prO~nptly dny Of 53~C~ pOl~CieS Of iniu•dnC@ f0 Sdid MORiGAGEE, Cr t~~i promptiy f0 pey fu~ly any p'r~rwin thcre4or Ot ~n dny
respect Sail to perform, dsch~rge, executr, effec~, comp~e~e, comply with and abide by this tovenar,t, o+ any p.~rt h~reof, sa~d IdVRTGAGEE may place a~o
. . ..a .ti..... ~if..~~;.,.. ~ n..+t.,.. i;...+ n. r:~h~ und.~r or b~ virtue oi this A~lortqaaz, and the
~t~ll arno~nt of^each and e.e.y scch pay~~3artt sf»It be•immed~ately due and^payable and sha:t bear intor~•st froin th~~ date thcr~of until pa~d at the rate ot
n~~~e pcr cent~rn pe• aivw:n .ind tn3,~!h~r v.ith soch in'~';cs! shai~ be sei~red by ~he lien Of 1h~S mortgage•
d. To permit, commit or s~ficr na ~restr, in:painl:ent or deterioratfon oi said property or any pari thereof.
5. To pay all and sing~~ar the cosrs, charges and expenses, ~nciuding a reasonab!e afrorneY's fee and costs of absrracts of title, incurred or pa~d at
r~~ r{•.:e by s~~d .bIURS~,AG`_E, bec~~se or in the evznr of the fa:iure on the part of ihe said MORiGAGOR to duly, pro:nptfy and f~~ly pcrform, d~x~arge.
. cuta, C'ffE'C1, CC~nF;.Ef@, (0~~1Fllyf w:th ~nd ab de by ea~h ar.d every ~he st~puiat~ons. agree~nrnts, cond~t~ons, and covenants of sa~d pro~n~>sory note and fh~s
•.rtg3ge any or e~rher, a:,d s~'d costs, charges and expenses, each and every, shall be imm~diately d~e and payab,~; whether or not there be not~ce d~
-~:,~~d, atteirpt to coliect or suit pend.r9; ~nd tha f~ll amoum of each and e~ery such paymem shalt bear in!~res~ from the date thereof until paid at the
~,,.,1~ pir c<~}:~•n ~.,.•r on~~..:u; .::~d aii sa~d costs, :na:ges and exuenses ineurred or paid, toyail~er ~v~lh suth intEresl, Shall be Sewred by ihe lien of Ihis
rr,ortgagz. ~
6. That ;al in the event of any hrcach of this hlortgage or d~fa~!t on tM- part of the ~1.ORTGAGUR, or ;b) in the eve~t any oF sa:d sums of money
t~ercin re.'err~~d to l•~ :~ot pranutly and fu:ly Faid within tn,rty (30) ds~s +~ext a~ter the same severa::y becorne due and payable, wirhout demand or notice,
cr ;c) in thc event e~~ch and evar~ the stip~,ot~ons, a3ree~nenis, ce~,dit~o~~s and covenants of sa.d pron,issory note and th~s mortgage any or e~ther are not
i~;y, promptly and f;,ry perfonned, dscharg_d. eaecuted. efleded, completed, co~npi~ed with and a6~dcd 5y, then in e+ther or any auch eveM the said ag-
~r. 3ate sum ~cent~o:~ed ~n sa.d pron,izsory note then remaining unpa~d, with interest acuued, and a~i nwncys secured here~y, sha:l betume due and pay.
c fcr;h.,,,~h. cr ri,e.~~a.'r.:r, rt the op~~on of s:+~d h50RTGAGEE, as fu~~y a~d comp:e~ely as ii ail of ~h~ sald sums of n,oney were orlgtna,ly s~ pu',ated
ur pa d or, s~cn d:.~, ~n~th:ng in sa d prom.ssory nore or in this Mortgage to the comrary not.v~thst3nding; ar~d ~hereupon or thereafter at the op~.on of
s~ ci ti,ORiGAGEE, w~rf:out r.uT~ce or de~nar,d, su~t at law or in equ~ty, ~herefoie or thereaher brgun, may be proaecuted as if all moneys sewred hereby
~.,d ~„~i~rcci pc Oi ~v ,~a
7. Ih,f in ti~e e:ent rhar at ihe F>eyinn'ng of or at any time pe~iding any su~t upon th]s Mortgage, or to (oreclcse it, or to rc~orm it, or to enforce
:.~vment of any c'ai~r.s hare~ndar, said 1.,v2TGAGEE sha~! apply to thc Court having ~ur~sd.cc;on th•~reot for the appo~ntment of a Receiver, wch Cu~rt shai{
rh~n,i~h a;,po~,~t a recr~:er of sa~d ~~:ortg,~g~•d ~,roperty aN and sing~tar, indud.ng ail and sh:gu'ar ihe iccome, prof~ts, ~ssues ard revenues from wh.~tever
___~.dr.~ved, e:cii and every of ,.h.cF,, ~t be:ng express!~• undersroed, is F:ereby mor~9agrd as 1f spec~fically set for~h and descr~bed in the grannng and
~ cr~ c~avsrs he-:of, and wch Rece~~er shaii have a~l the br~ad a~~d effechve fu~xr,ons ar.;~ po.+~c'eS in anyw~se entrusted by a Cou~t to a Recaiver, and
s.1: ~ppo~n?~•.~~nt sha;i or rn~de by wch Cou:t as an ad nitted equiry and a matter of a!.~so:utr r!ghr to sa~d MORiGAGEE, and without reference to tt~e
_:,;„_ci or inadeq~acy of the vaiue of the propert~ mortgaged or to the so.vency or ~nso:vrncy of sa;d t10RiGAGOR o~ the drfendanis, and that such
•s, Hrof;rs, ~nco.ne, iswes and revenues shaii be app~~ed by such Receiver accord~ng to the lien or equity of sa~d ldORiGAGEE and the precnce of such
Court.
8. To du'y, prem~Hy and fvi~y perform, d~scharge, ezecute, efiect, complete, comply wlth and abide by each and every the stipulations, agreemeNS,
;,~d~tions and covenan~s ~n sa~d promiss~ry note and ths mortgage set forth.
9. That in the ev~-~t the o~xnership of the mort3aged pren,ises. or any part thereof, becomes vested in a person other than the MORTGAGOR, the
~RTGAGEe, rts successon a~:d ass:gns, may, w~~houf ncrlce to the A10RTGAOR, deat w~th such successo~ or wccessor ~n ~nterest with reference to this
o•~gagc s~•d rhe d:bt hereby sec~~ed in the same manr.er as with Mortgagor w~thout in any way vit:ating or d~scharginq the Mortgagors' liability here-
,;i~•r or v:.un th-~ d.•ot h,rz~; s~c.<<d. ~do sa:e of the prernises hereby mo~tgaged and no forbearance on the part o4 the /110RTGAGEE or its s~ccessors
C' dSS:<Jn5 and •~o exr~r:',on af the for the payment of the debt hereby secured given by the MORTGAGEE or its successors or ass~gns, anafl operate
ro re~ease, d.scharge, ~nod~fy ctiar•,ye or atfect the orig,nal ~iao:l:ty of the MORIGAGOR herein, either in whole or in part.
10. It i; s; ec .'~..3':y ag-eed it:a+ t~n,e 1s of the essence of this contract and that no waiver of any obl~gat~on hereunder or of the obligatio~ se-
c~~red hereby ;!:a'" at any tr•~e therraiter b~ hc:d to be a waiver of the terms hereof or of the instrumero sucured herby.
l;. ;r~ _ r~.E,^,c ~~-~h'y piay t~_ni5 Of prir.:'.~; and ~nteres! requ:red by the prom sscry no'e sccured hereb/, mortga3or eovenants
: sa•^_s ro ~ ~!_i.~3•-~ -.~rh ~•~ch ~r:;~,rh'y ;;a~~ :ent an adcLr~onal sum .tst„~'ated b/ morty3gee to be ey~ai to 1. 12 of t;ir a~~nual cost of the follow-
A.-:. ,~p••~ty t3x:s !e:~_,~. or osz~s:~.d ag~~,st thc ai:ove desaEb_d real estate.
~ F: ~ s e:~ fir_~ ar:J ..h G~sto •n ~nsur;,rce as i~ere~n req•~.r^d to be carr~ed e~~ the ~m;;roveme~ts s;tuate on the above d_x~~bed premises.
C P~_~- s en s:,ch merr;::ge gua~~nty ~ew~a..ce as m,o•tga^y?e shail from r me ro h~ne derm i~t to carry on the foan secured hereby.
~,~•_e s^ f•c n'~ te t, ~:e rcr~f~ mcrtyager in wri,m~ of ihe arnoo~t due and payabie hereund~°r and s~ch su~~ shail thereupon be due and
` s! o•~ ct~_ a_• ci rfi o;th ~ pa;m.~nt and e~ch w:cessiYe Tonth thereaft~r u~til mcrtgagee sha!I not:fy mo:tgagor of a change in such
~ S~c' s., -:s s~ i.~ !,e o„~ ._d by ncrtgay tov.ard the payrnent ot real property taxes, ins~ra~~ce pre+n.~ms, ar.d mortgage guaranty ~nsurance
~ . •aiumi. _
~ I`J ::IiNE~S :'.HE , the d I ORTGAG R has hereunto set h~s ha~:d and seal the day and year first aforesaid.
S:~ned, afed ~d d~ivere t e presenc of:
- - - ' ~ (Seal)
_ ames Messin9er ~~si~
~ ~ _1.tL.~lL (Sea1)
- - - - Marie t~iessinger eseaq
: .~TE OF fLORIDA ~
St_. Luc ie
~U"JTY OF _ 1
Before me personally appeared - JaIR~S ~tessinger _ ~ ~ end
Marie Messinger - `
his wiie, to me well known and known•lo. ihe to be
ind~v~d:,a~s desv~oed in and who executed the foregoing instrument, and acknowfedged be(ore me that they exewted the safne~~`or'~,purposes
~>•e~n expresszd. And the said_ _~rle_ ~eS51T19eY _ _
~ . ___J_ames_Afessin er - ' -
of the sald _ dpbn ~separate.afid private
:~i,nar.on by ~~e ta~an sepa.ate ar.d apart from her sa~d husband, acknowledged to and before me that she executed d'Jlstryr+ent fr~ly~~r5d volun-
and v, rF.o~r any co:n;,ulsion, censtraint, appreh ns~, or fear of or from her id husband. ~
J
~ tiY{TiVESJ my hand and off~c~al seal th~s- day of ~t e ti ' {~D. a9 72
v ~ J
~ Notary Public in an for e tate o~x{oji at a?~
~ y Commrssion expires: ' + ~ -
~ Return ic: ~ `y~ S: ` ~
~ Frst Federal Sav~ngs 3 loan Assxiat;on ~
~ c<:~t P ro'.
~ fort P~rr.~~. F!~r~:1e 1
~ ~
~ fILED A4u REC4+~~E0, j
This Instrument Prepared By : y ST,~UC:E COUNTIf FLA. ~
Richard K. Ka es .poCF+~ ~~!jRas l
First Federai Savings 8. loan Association ~~EnK _~;,~?j C~URT
of Fort Pierce~ Florida 33450 RECOR~ `~<<'~'!'0
Checked BY - ~T ~O S? ~ 1 Z
°eex~~ Pnc~ 34O ;~39598
l ln~
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