HomeMy WebLinkAbout1729 3. To p:.~cr and co•~tin~o~st~ Aeep on ti~e La::~.i~~~as no.v o~ he~eafter a~tu:ate on s~~d !and and on a!! . q~ip nrnt and pe~sonaliy covrred by this mor
age, w th all prenJ~~ns ti,~ieon E a d ~n fu:l, I.re insur~•uc in tiia ui~.~i itar.d~rd ~io'~ty fOrm. in a s~:n .~~.~~c~od b/ th~ ~:'.~k.v:'.G:E. a'~d vri•~dsto
~nsurarce in thc usuat s!~nelsrd Eo:iy forin, in a sum o~;;,~o..:•d t.y Ihe MORTGAGEE, in su:h cc~~~{:any or com{~anles as thr t:•02iGAGEE
dueit; and all iire a~.d w~ntlatonn insurenCe po:~c,rs on dny oS S.~itJ bu~ld:nyS, any intei~st tlieie~n or {:aH lherroi, in the agg~.:g.:t~ Sc'~~ dfo~esaid
in excess thereof, sh~ll cnnt..in tha ~s~.:i sr~,•d..rd ~~~o~rg.~ger ci,use or w:h o~her c~a~se as the tylo~tysyee may r:yu.re, rt.nling ~:,c ~:.ss u~~J.•r s.~ d po
c~es, each and cvery, pa,.~!,'e ta s~~d `.1JRiGAGEE as ~~s imcrast may aHNcar, and each and e.ery svch {=o .c~ sl~ali be {,ron~Nt:y ass y•~~d d cie:r:rrcd '
any hrld by sa:d ~.10R(:;AGEE as iu~th:r s~wr~ty ro sa;d n or~gage debt, and. ~o~ iess than ten ~101 d.iys in ,7d:,,nce cl the eay~r„t~on ot r~ch po:~cy. to d~
Gver to sa~d MORTGAGEf a rene~n~l thrreof, toge~hrr with d!BC@!pl for the premwm of svch rener.~'; a~,d there s'~ali no f,re c• ~ui.~.sste•,n uu~ranc
p~aced on any oi sald b~i!dr~gs, any innrest Ihere~n or part the~eof, unless in the (onn and wirh the ~oss pay~i.;'r as a!c•es~~d; ar.d in the c.ent any sun
ot money b«co~~~es pay.;b'.e ~nder s~ch poi~cy oi poi.c~es sa~d N.ORTGAGcE sh~,11 have ~he opt,on ~o rc•c•_~vv :.~•d ap~::y t,~_ sa:~:e on dl~OJ71 of the 1~ed~•:,r,•d
ncSS ii~c~re(J h~•i~•by Or lo perrn~t SJ~d :'t~RTGAGORS ~O fCteive dnd uSe it Or any p::rt ti~:~;co4 to~ :.ur. ~s,~i ._t th.•..:. a_,.~') ~r
~ng any eq~,t~, 6en o~ r~ghr un~ler o~ uy virwe ot th~s mcrtgage; ar,d in the event s3 d n~1o~i~acoes sha!I `.or any re.iion fail to kerp the sa~J pre~n~s_s so
~nsured. o~ ~ail 10 C1::i•:cr prp~np~t~y any Of s.iic~ pol~c~~~5 Of iniurante t0 Sa~t~ MORT('iAGEE. Or i,~ ~~:.~~.~.t~~ to ~~3y fu::y cny pr~ ~'~~:.~n thcrrfur Or in a'~'Y
~e:;,ea fa~~ to perform, d.schorgc, ea.~wre, eE~ec~, con~p!erc. conply with and ab~de by th~s covc.,v^,r. or a~~; p,~~ h_r~•of, s.~.d t.tivR1;,:.G'_E n,a~• p,ao~ o 0
pay for s~ch inwr.~nce er any part th,,•r~of w!rhout waiving or affecr.ng any oFtion, lien, equay, or r~~ht vr.J_~r or by v~rru< ot this N.ortgage, and thc
f~ll a~nount ot each and e~ery wch payn,~•nt shell br „r~nediately due and pa~~able and shn;l b:ar int~~r~st fru~n tha d~ta thercof until p.,~d at tf~e rate ot
n~,ie p~r c~ntu~n per ar..,~:n end to,i~th~r v.~:h iuch inti~'e•st yhai~~ L~ sccured by ihe lien of th~s mo~tg-3ge.
4. To permit, tommA or suffer no waste, impa~rrient or detcr:oration of sa~d property or any part thereof.
5. To pay all and s~ng~lar ~he cosrs, charges ar.d exE:er,ses, ~nciuding a reasonable at_icrnri's fee ,~~:d cesrs of abs}r~cts of tit!e. ~~u~rr~d o. pa~d at
.~ny ti~+ e by s~~d h10RlGAG~ E, brc~use or in tne event of the '.a:iwe on Ihe part o4 th~ sa~d MJRTGAGOR t~ ciuly, pro ~:t,Ny a~~d fu:iy periorm, d~scharqr
_.ec~te, effrc~, co~nE;:_~re, canE,Iy w~fh acd ab.de by e~ch and every the st~pulat~ons, agre~~~~~nis, tOnd~nons, and co~e:~o~~rs of sa~d F:ro~n„sor~ nore a~~d ~F:~s
,:orsgage any or enhe~, a:,d se d costs, cha~ges a~~d expenses, each and every, shall be immcd~ately due and payabie; whcther or not th~•re be nonce da
r.;vnd, d!te.~~Nt iu co.~c~~ s~~t pend,ng; and Ihe fu!: a:nount of eath and every suth paymrnt sha11 bea~ mtarest from ~fie date Ihereol unti! pa~d at the
r, u` n~ne :;cr c_~..~ i~ i:r .,n .:i~ eii ss~d wzts, u:a~ges and «;:~•nss:s iut~rred or pa~d, toyetiier w~lh such ~mere:t. shaii be sewred by the uen oi th,s
morfgage.
6. That ~a) in the event of any Lrr~ch of thfs Morrgage o~ dcfauit on tt,~ part of the t.10RiG:~GOR, or ;bt ~n the event any of sa:d sums of mo~ey
t>rein refrrred to be ~.ot F•r:;~nf,!:v ar:d 'ru~ly paid v.iihin th.rty (3J~ dats next a~n,r ihe s~:~~e se~eia ly beco~~~e due and paysb!e, without d~rnand o~ nonce,
or ~c) in tha event a~ch and e.~cry the stip,u~~t~cns, agrzements, tond~tions ar.d covenants ot sa d pro•niiwry nota and th~s rrortg~ge any o~ ei~her ar2 no1
i:,Iy, Nrompuy and tu~.y pertor~„~~d, d.sc:~arg_d, execured, eftecred, compter~d, co:npl~ed w~tn and ab~u~•d 5f, then in e.rher or any such event the sa;d ag
~ gate su~n n:cnr;,:~ed in se~d F:ro~~~~ssory n~±e then ren~aining unpa~d, with interes~ aca~ed, a~~d a~i mo~irys SECU~rCI Flereby, shall b~cume due and pay-
ao ~ torih.v~th, or rherea'•~r, at tha opt~on o~ s.,,d ~tilJRTGAGEf, as fu~iy and compieceiy cs if all ef th~~ s~+d su~ns oi rnoney were ong~na:ly st,pu,ated
rc be F;.~.d on wch J..y, ar.y?hu,g m S.+d pro:n.ssory note or in th~s hlortgag< to the conr,ar~ not.v~thsta~~d.,ig; and thc~cu~:ort or thereatter at the o~~+~on of
>.;1 MORTGAGEE, v.rti.o~t nofrce or demar.d, surt at iaw cr in equrty, therefore or ther~aftrr begun, n~ay 6e prosecuted as ~S all moneys setvr`d hereby
c:d r.~at~red pr~or to ~ts ~rSfitu~Wn.
7. That in the event that at the beg;nn:ng of or at any time pendi„g any su~t upo~ this Nortgage, or to ~orec!ose it, or to re~orm it, o~ to enfo~ce
~,7ment of any c!aims he•euncar, 5~~d lStiORiGi+GEE sha•{ app(y to the Court havinq ~~nsdct~un tne:eo! fer the apro~ntinenl of a Rete~ver, such Co~r1 shail
r..:!hv~~!h dyF~c~nf a~ece~~.'er of s,~d rt~ortgdycd prGperty all dnd Sing~iar, :nd~d~ng a~l aiid su~g~~ar t~~.e ir.conre, proLts, issuei and revenucs trO~n v.h_jee~er
s_ ~~ce drrived, eech ar.d ew~ry ef .oh ch, be~~~g express'y undeisrcod. is hereby mongagcd as ~f spec f~ca:~y set fo~th and deseribed in the g~anT,ng and
endum c.a:~srs her.of, ar.d such Re~er~e: shai~ have ai1 the broad a~:~ effecr;ve furr. F^~s anc} F+ov.crs in anyw:s^ emrusted by a Cou~t to a Recrive~, a:~d
s_~h ap(•oint~nent sh3~: be ~~le b~ such Ceurt as ari adni:t~d equ~ty and a matter oi aLsclute nghr te sa~d h1U2iGAGEE, and N,irho~t referenca to the
~i_y.~,cy or ina~:qoac; of ~F~.e va'.~e of the prcNerry mo~rgaged or to the so.ve~.cy o. ~~~so .enci ef sa d 1. C2~GAGOR or the de~a~~dants, and The~ such
~rs, profrts, incc r,e, iswes and revcr.~cs shaii be app;~~ed 'r,y such Rece~ver accord.ng to the lien or equity ot sa~d fd02TGAGEE and the practice of such
Court.
8. To duly, promptly and lui(y perform, d~scharge, eaec~te, effect, comp(ete, cor~~ply with a~:d ab~de by each and every the st~pu;ations, agreements,
:o::ditions a~:d covenants ~n sa~d pro:n~zsory nc.e and th:s mortgage set forth.
9. That m the event the ovvnership of th~ mortgaged prenuses, or any part thcrcof, 6ecomes vested in a person other than the b10RTGAGOR, ihe
Y^RTGAGEE, its s~ccesson and ass•grs, may, w:rhout not~ce to the A10RTGaOR, deat with s~ch wccessor or svccesso~ in ~nterest ~vith reterence to this
~-rgage and ;he d_oi •her~by sewred in the same m.anner as whh htor~gagor wrthout in any way vit:afing o~ dncharg~ng the lrlortgagors' liab~iity here-
der or upon the d~t,t hereby sccurcd. No sale of the Ere s,~ses hereby mortgaged and no forbearan~e on the part oi the !dORIGAGEE or its wccessors
c~ ass~qns ard ~o extenswn ot the t;:ne for the paymem ot the debr hereby secwed given by the MOR?G~1GEE or ~ts successors or ass:gns, a~~ail operate
ro re~eose, d,scharge, mod~fy tt,ange or affect the orig~nal liab frty of tfie MORTGAGOR herein, either in whole or in part.
10. I: is spec~f;catly agreed that t~me is of the essence of th~s contract and that no waiver of any ob~fgaf~on hereunder or of the obtigation se-
c~~-ed hereby shali at ar~ tir;e tnereafter be h~~!d to be a wawrr ef the terms hereof or of the instr~rnent secu~ed herby.
11. In „dci t!u ~+o the ~ore3c iq ~~~onth'y pa~n:_~n's of pcc.c pa: and lnTi'fBSt requ~red by the prom sscry ~w'~- s_cured her~•br, mertyo3or eovenams
d aqr_~~s to pay ro n.c~tyaa~=e r.~th ra:h ;,nrh y ~.ai: .e~~t an adJ ~ional sum es~ ~ atec~ b~ rT,ortyagee ro be ey~ai to I 12 of t:'i~• ann~al cosr of the folio~v-
~
A--AII rral ~.rc~;,:•*y tax_s le.~.:~ or ass;s~.~ci ag.+~~.s! thc af:ove desc~~b~_d r-.af estate.
6 Fr r. ,:~5 on f~r~• and ,v~r.dst; m~nsura~ ce az herein requ:red to be carricd on the :mpruveme~is s~tvate on the abc+ve dastr~bed premi5es.
C Pren.~c•~ s o•~ ~:;ch ~~~ort~ ,g~• guar 3nty icwre~ ce as mortgagee <.ha~l irc~. t~^e •o h~nc drem fit to earry on the loan sec~red hereb~.
h'o~tgag~~e s'~~.,' 'rom t~:~,e to t~r.e ~~or~fy mo~ty„ger ~n writ~ng of the a~~~.o:,-~t d~~ and pa~abfe hereundar a~~d such su•>> shaU th~~r~upon be d~e and
I~ :,:~,b'e on th~• ti_~~ c-~ ci rh~ ~~~•.T ~~~,o•~!h.~ pay•*~~~~t and exh successive month the:eait,~r u~:til mcrtgagee sha!I net:fy mor;yagor of a change in such
~ ~~uM. S~.h s~:ns s~.~.. :~e a,:F ~_-J i,y n~ortga~:e toward the paymeni of re ~ prcperty taxes, ins~rannnce pren•~.v:ns, a:~d morty.~g~• guaranty insurance
~ ~•emiums.
iN \VlTr~ESS :'.NER~OF, the sa d MORTGAGOR has hereunto set his har,d and scai th> and year first aforesa' .
S~gned, Sealed a:~d d~Iivered in the presence of:
(Seal)
~ ~ ' ~ ohn Bieden rn _~~aq
~ - ~ l D {Seal)
~ - - - - ne A . Biedenharn cseai)
SIATE OF iLORIDA
SS.
'.)UNTY OF St~_ LUC le _ ~
Before me personally appeared _ JO~'1A Biedenharn _ _ and
_lane l~ • g10Cj6Tltla,r~1 _ _ his wife, to me well known and known to me to be
?F,a individ~ais descr~bed in and who executed the foregoing instrument, and acknowledged before me that they executed the s~me for the purposes
rhe~ein expressed. And the said- Jane A. B 12CjeA~lc'1YT1 _
John Biedenharn
r.!fe of the said - - upon a separafe-~~riVite
e•am~nat~on by me taken separate and apart from her said husband, ack~ovrledged to and before me that she executed said instrun,ent free)~ and Golur?
r,,r,iy and w.thout any compulsion, constraint, apprehens:on, or fear of or from her said husband. ~ . s'.
WITNESS my hand and official seal ~?,;s_ L9_~~--__ aaY of ~CtOber _ •A: 0. 19 72
- -
~ - tary Pub~~c in and for the Stat f FJori t Ldrge , _
r_ ~ STATE ~F F LO R J D~ l y Commasion expires:
DDCUMENtAar~-=; STAMP iA ~ NQtARY PUStIC.~~ arFLORIp'Aat'l~tt~
~ ` Z i..~~~~~ _ ~ 2 /
~ ~ ~EP' t?f REYE~~i~E ~j'~` ~
~ ' M~ ~OMMISSIaN ~F7~tRES~C ~9~~~
'G ~8.__ ~ ~ ~ ~ ~ eonded Tn.u G~nya~l~~.T-- ~ ~1!
w . " 4 ,
4
" n~ `~~r~i ~ ~ [J I
CJ r
FIIfD Ayl rE~0~0E0 ~ ~
Th~s Instrument Prepared By: J. H. Roberts~ Jr. it•~U~~ ~'9~~;~1i5~
ROC.. ~
First Federal Savings & Loan Association ~tEP~r, ;;;-.;,UlT L011RT
of Fort Pierce~ Florida 33450 ~E~ry:~~ ycN r~f4
Checked By~!----------- ~ L 16 ~M
K ~r~ ~~US'7.3
~~~vN~V•~ Y'l,f 1~~
- .-y n ~.v ~ _ ; ~
~
'°~•~.~~.-5. . . ,