HomeMy WebLinkAbout1564 3. To p'a~c o•,d co~~T~nuo:;s:~ leep on ti,e t;~i J~~~gs no-~v on c~reaite~ s~tuate on sa:d land and cn 3'' ~~q~~pn~~t er.d penonaily co.ered by ~his mor-
nq.,, w!h all pr~~n-,~.,~ns thrrron F~aci ~n fu:i, t.rr ics,,~c^ce >i~_ vs:}al sra~~dv;~ po'~eY form. in a s~~n ar~r~.rJ b~ ii~r h1vK,G::G;t, u~-~CI Ni::i1510
^sut:n<a ~n tha vs~al s~~~~dard f;o:cy 'torm, in a su~n a~{:ro.~d cy Ihe :I~RTGAGEE, in Su:h tc;r.pa~`i or CJn~jn,CS as tne ':',ORiGAGiE
d~~cr; and a11 f:re a:.d ti~:r~~sT~~~~~ insurancr E%ol~cies on any of sa~d b~~id,ngs, any inteiest th~rc>~n or ~art th~«~of, in the ay9<<g~}e s~~~~ aforesaid
r¦c~ss th:•reof. s'~.~:~ eer:!:,~n ihe us~_i s~a d,~d ~nortg.~gae c~ause or s~:h other c!~~se as the hlortyayee ma~ rcq~.re, n~oM~~~g ~r~a ~oss unJer s~,d po
s e3ch a,,d every, p-~,.~~'r to sald ?.1JR(GAG.E as ~ts mier~-st may appcar, and each and e~ery su:h po :c/ sh;:! be ~•ro~cpt:y ass 9~~ed a~~d de.~.~-r<d .
i~_•Id br z.~ d:•OR;`,AGcE as tu~ih.r s~_wr~r~ to sa~d ~t,o~~9~3~ d~bt. and, no~ less than ten t»1 de,s ~J. ~„ce of ~he fxF:~r~t~Gn of eech poi,cy, te d.
,:~r to s.;.d !.1JRiG:.GEE a~e~~t•r~al ibrreof, tc9e+her wi!h a rece~pt for the pre~n~~m of suth renr+:~°: d::d ti~rre s!~a,l ba no f~re or w~:~cisio~m uuurant
,ccJ o~ ary of sj.d bui'd.~+gs, any int~rt•st there:n or parf th~~rrof, un!ess ~n ~he Fonn a~+d wnh tl,e ~oss E:a;,,b!e as a'c+rs~id; ~~~d in the e.ent any sun
c,~ mOney beco:nari pa/ob:e vnder s~.ch ~;olicy or pol.i~e: sa~d It'.ORTGAGEE sh311 have ihr epf,on to ~ec•_~•:•= .:,d ~~p~~'y t;,_ sa~ne on acco~:~i oi ~h~ inJrbT~•d
;s sro.r~~d he~vdy or to {:e~••,~~ sa d h10RiGAGORS to ret~ive ar.d use il or any pr:rt th•. ~,oS t;,r c~~ t -s. s :..1• ~.t ~V~ .~.~'J ~r ~:~'p...•
any eqv~tr, ;len or i~~t:t ~a~lcr or Ly virtu2 of !his n:GC'gage; dnd in ~he evrnt sa:d M02TG~~GORS Shil1 [Or dny resson fai! to KL•ep ihe Sa~CI ptemi33S 50
~.~d, or f..~l to d_:~+~cr p~o n;,tly any ot sa~d {,ol~c~._s of insurance to sa:d MORiGAGfE. cr t.,;. p:o~rpr.y to pay fu;;Y a'~y p.~,, ther~•tu~ or ~n a•~y
, dct f~J t0 p~rform. dis:~~:.r}t•. ~x~'c~t~, Cffrrt, cOniN!~t~', t0'r~ply wit~l dn(~ ab~de by thiS COVCn,~~ii. Or any f'.~it r,_«of, s,a:d 1+1C~2'::NGEE may p:6[•' a~o
, for i.,ch ~nsw..ncz or a~:y pa~r fh~~~of w~~ho~t wa~ring or affecting any opnon, Iien, eqwty, oi r~~h~ ~•,d~r o~ b~ viriue of th~s A~.c~!9a~r, ond the
a~~:cunt of rach .,nd o.ery s~th pa~~ni~nt shall be ~~T~~nediately doe and payable ar~d sha~! brar )ntrr_st trom th~ d~tz thereof unt~l p.:~d at the r~te of
:~~rr .•_n•„ n F.cr a~~.., n ~~~:i !,;.~,•th: r t. i'h wch in;e-ist sha„ b.• secured by the lien Of this mortgage.
To ~;ermir, co~r,mA or su`fer no v~.iste, iiT:Hair~nent or dc•teriorat~on of sa~d property or any part thrr'rof.
5. To {~iy aif and sinyo!ar the cczts, tharges and expe~uas, including a reasonai~te attomey's iee ar:d cests of absvacts of titie, incurred or paid at
. t~:~e by s.~d h•,~iR1GAG`E, because or in ~he event of th~ fa:iure on tne part of the said MORiGAGOR to duly, pro:~ptiy a~~d fu~ly periorm, dacnarge
;ure, rlri~t, ce:~~H;_~e, cer.p~i~ wrth a~~d aF.~e by eych and every the st~p~iat~cns, agr~emants, condit~ons, and covena~~ts of sa~d pro~ni>sory note and sh~s
c,••yage arry or e~rhe~, a~~d ss d ccsrs, charg~s a~.d expenses: each and evcry, shall be immcd~atety due and payab:c; whether or not there tx nJt~CC da
:i, a!te ~ pt ro co'.~rct ur s~~t p<~~d,~~9; .;nd ~he full a~nount of each and every svtn paymem shal~ bea• in'~~rest i~om the date thereof until paid at the
r.:~,~- u_~ c_"tu r;~: .:n~: ,i, s.:~d c~»ts, ct,arges a~~d cx:;C~iSEi ~ncurrrd or pa~d, ~og~~her w~th such ~nterest, sha[I be secured by the iien of 1F~~s
c•tg3ge.
6. That iai ~n the e~ent oi any br~ach of this blortgage or deEault on ths part of the :~!ORIGAGOR, or :b) in the event any of sa:d sums of money
••rin rrf~•rr_:1 to Le nct F,re~n~;t~y a•,d `u~ly F:a~d .4~thin th~,ty ~30) days next a~n.r the sa•ne 5~'vCr,~'!y Ce.o^~.~ due and pa~oble. W~tI1JJt dema~,d o~ notice.
in tha e:rnt rach ar.d every th~ st~F~~.a.:uns, agrerments, condit~ons and Covenants of sa d promisso~y ~otr and th,s mortgage any or e~ther a~e not
i., f:ro~r~F:i~Y a~~d 4~i:~ ;_erlorn,c•d, dscnarg.d. ~~rec~+r.~d, effec~ed, completrd, conN~led w~th a~~d at;~d_d 5y, ihen ~n e~ther or any such event the sa;d ag-
,~~J+•e su~~~ n~.c-nn~~~~;:e? in S~~d Hroniisso~y n..~tc ihan ~C~nain;ng unpaid. v~ith ir.te~e,l acc~~ed, and~~~: n'~oneys secured hereuy, shall betume due dnCf pay-
icrti~~.c~.th, e~ •h~_r_~a~tcr, at the ep•:o:~ :~f s.~•d P.10RiGAG;E, as fvily and complefe!y as if aii o4 ih~~ s.,!d su:T,s ef money ~nere or:gVna~ly sr~.Nu(ated
. .r e:.i cf on s~~ch :i ,,th~ng in s., d pro n.ssory no!e or in this Alongage to the co~~~~a~y n•~~.vnhst~ ~d.~:g; and fhcreu{;on or therea+te~ a~ the opt:on of
',:pRTi::AGcE, v.~:i.:.~•' ne~.ce or demarJ, swt at ia~v or in eq~~ty, thzrefo~e or thercafter begun, n~a~ 6e prosecuted ds if a!1 moneyi Setured hereby
i.,~torcd }'r o: to rts n~st~t~t:cn.
7. Tl:;f ~n fhe e1cr~~ i~,,,t ar rf,e 6eg~nning cf or at any time pending any su~i upon th~s Mor~gage, or ta foredose it, or to re(orm it, or to e~force
,..~~cnt of any c.~:~;,.s he~~•ur.d:~r said fdORTGi+G:E sha:i apply to the ~o~rt hav~ng ~unsd:t:un th._reot for thr ~uHO~ntment of a Recciver, such Cw~t sha~l
..~~t, ap,:c.:nt a r~-ce~.~~ of s~~d ~~;urty.,g~~d prop~•r~y ali and singular. includ,~,g a;t a~,d sh,gu,ar rf:e ir.come, proh~s, issues and reven~,es from wh~rever
s. ~e d~ri~;ed, e~th dr,d e~cry of uh;h, rt Lw:~ng express~~'y unders!ood. i5 hEreby n~Ortgaged ai if SpeC~ficai:y set forth and dese~~bad in the granting dnd
• ~~.:lum c a. s~s hrrruf, nrd such Rcce~ver sh3~i have aH the br~ad and effec!:ve fu~~ct ons and po~vers in any;ti•~se entr~sted by a Court to a Rccciver, a:~d
_ ~ a;,~ cI;•±n:e•~f s'r.~.~ c:r ~-:~de by such Ccurt as an ad +•.i~r~•d Equ~ty and a n•atse~ of abso u~e r:gM to sa~d MORTGAGEE, and v.~ihe~f refErence to the
. „y u• inad~qvacf o4 tf~ val~2 e' the properry moctgaged or to the so.vency o~ ;nso:vc•ncy of said h1CR~GAG~R or the def~ndants, and thst such
•s,` Frotits, inco.~~e, issu~s and re~enues shaii be appiied by s~ch Receiver accord,ng to the tien or rq..~i~ of sa:d tdURTGAGEE and the p:act~ce of such
i :JJTt.
8. To du'y, prCmF.t!y and fui~y pe~form, d~scharge, execute, effe~t, compfete, ca.np~y wirh and ab:de by each and every the st~pulations, agreements.
;i~f~ons and covrnanis ~n sa~d pro:r~~ssory note and th~s m~rtgage set forth.
9. lhat in the event the ownersh~p of the mo~tgzged premises, or any part therecf, 6ecomes vested in a person other than the MORTGAGOR, the
;:`RTGAGfE, i~s wcc:ss~.~s a~.d .;s<;gns, enay, wi:hout no~ice to the ~t'.ORTvApR, deal wrtn s~ch successor or successo~ in interest with reterence to thn
~rgage a:~d rh•• d-~:~~ her.~by s~:~~rrd in the same niar.nor as wnh '14ortgagor wAhovT in anv way vit:ating or d~scha~g~ng the /.5ortgagors' liabiiify here-
or u~on the d_t:t h;:<<:~y s~_:ured. No sa'e of th,e Fre«~.~ses hereby mortgaged aed no forbea•ance on tt~e part oS rhe /hORTGAGEE or its successors
,~ss gns and ^o ea'e~ s;on o` ~he :.:ne for the paym:ent of the debt h^reby secwed given by Ihe MORTGAGEE or its wccessors or osslgns, ~I~ail operate
c„se, d.schc:ge, rnud~ty ct:o~:ge or affect the orig;nal liao',rty of the MORIGAGOR herein, eiiher in whole or in part.
10. It is s,.ccf~~:3~~y c:gr~•ed tha~ ~irne is of the esse~~ce of th~s conrract and that no waiver of any obl~gaT~on hereunder or of the obligation se-
,:•:d herec~ sF,a:. at ar~~ t~n:r tncrraiter be hc:d to be a wawrr of the ferms hereof or of the instr~mcro srcu~ed herby.
1 i. in . t~ t~.~ i::.~_ ;e n:~ r.•onth'~ paym~r.•s of ~:~ir:c ~.~I and ir:t~~rest req~irrd by ih= prom~sscry nG'c s~c~•rd her~r61, mortga~or [ovenants
_~,~•_._s w;..~y,re :.~~h cacn on~h y pi;~ ent an ad;i,rional sum cs~ ~ a!ed by mortyagee to be equ~; to 1 12 0£ t:;e an:wa{ cost of the foiiow-
' A-A't r.,. ~:~:.,~•~r~, taa.~s !e~n~:: or dS525'_ii ~g,i~.st th., ai~ove desci~~~d r,al es!ate.
E F _ s c,~ .~.;1 ,..:•.dsto m~nsu~; rce as iierein rcq~~.red to be ca~ri<d en rfie :m~.roveme:~ts s~tvate on the abave d_sribed premises.
~ P...,. ~ s o, ..;:h c•f~.:ne ~~dr,inty ir.5urd~ ce as rnc•tgagee sha'{ fre ^ i~:~e to time d~em fit to C3!fY on the toan s^cured hereby.
;".~rtg..~:.., r., ro t:-~c r.cr f; rnc•t:,g~ .r. ..~it~ng of the a~rov~t d~,e and payable hereur.drr and such su^, sha!I thc•re~F;on 6e due and
I' . r~,_. d_,. , ~h ,T ~,:o ~th.r E,aY^'.e~~r af ~d e.,ch s~ccessive mo•~rh thereafr~r u~:tii mcrtqagee sha!f not.fy rnorcgayor o4 a change in such
~ . , . ,
j ,nr. Such s., • s~ i.e c~y morty-eu.c to:.ard the F:ayment of re~~: proFerty taxes, insurance prem.u:~~s, a~d mortg~qe guaranty ~nsurance
~.1'J t"1 S.
~ IN :i1SNE~5 ::H~REOF, t~ sa:d MORTGAGOR has hereunto set his har,d and scal the day and year first a{oresa~d.
i ~ ed a ered in the pre ce of: ' ~ ~i' ,,J
i " /L ~\L~
~ ~ - - - (Sedl)
W i n ~Gr if ' Jon ~ ts~ai?
_ ~ ~ ~ a ~ ~Seal)
Witn ' _ ~ Bernice Jones ~~ap
~:.'E OF g~~ (
~ } SS-
J'iTY OF - 1
Before me persona;fy appeared H• vriffith .JOAeS a~d
_ BQYI]1Cg_~Ones his wife, to me wel{ known and knoxn to me to be
r ind,v~J.,als described in and who executed the foregoing instrument, and acknow~edged before me that they executed the same for the purposes
_ -a~n express^d. And the said___ BQ='n1C@ .TOll@5 _ _ _ _
'
of tn~ ia~J _ _ _ ____-__H. Griffith .JOi1QS upon a sepa~ate and private
,~,3~:~~n ~N r~je, t~~c~ separate @nd apart from her sa~d husband, ack~owledged to and before me that she executed said i~str~ment freely and volun-
, a~,d'.,+v.:i~edt.aiy~cp~cK,u~sion, tonstraint, apprehens:on,~fear of or from her said hus nd. •
' ~V~TNESS my halr~anb official seat th~s day of- OCtObQY _ , A. D. 19-~_
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,F . : ~
c ~ + ~ i` _ ` -1b~-=--i-
' No ary Pub~ic in and ior the State of a1 ~r~e
~ ; : p ~ ~ . : . ,J~ ,,,~i~r~
~ ' ~ ~ V ~ , ^ . My Comm~ssion eap~res: ~ 7.
~ ~ . R~t~.n To:
~ F~rst~f.gderal Savi~gs d loan Asseciat:on
~ CQ~~~~ ,~drt . ~c•J' /~LEO AMp RECORGE.~
, F~~1 F::~~ st. ~ucit COUMTr F~A.
~ . „ R4Gr? FOtT1iAS
~ CIERK C~:-CUIT COURT ~
~ RFCOR^ VE~ '~`ED~~l..
~ This In;trument Prepared By J. H. Roberts, Jr. OCT ~S $ 36 AM
First Federai Sav~ngs 8 Loan Association
~ of Fort Pierce ~ Floz'ida
An r~ ~
Checked B~~ ti'~' _ - - ~r•~l~4rer6
, 600K PAGF
P 207 ~564
_ _ - - - _
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'.~~y, .i Ls ~ 4t-~
1r ~ Y~, ~s~~ ro.. E~..~aY'~t.',.
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