HomeMy WebLinkAbout2280 '3. To p!acr and conr~rwousty keep on troe bu~'d+r~gs »ow or herrafter sir~ate on s.,~d ~and and en at1 ~q.,;pm~m and personally covered by this mor
age, w~th all prem~~•ns thr~eon p:c.d ~n fuli, f~re u~s~rar.cc in the ~su~l sTa~uiord po!ity fotm, in a s~~n a~.rrc~~d by the titOR~v:aGEE, and w~:~dsto
~surance in ihe usuat stanci~rd yo!.cy fam, in a su~:i oppru.rd 6y rhe h10R7GAGEE, in sucn co:~-7~any er compa~~es as ~he AtiOk1vAGEE m
d~recr; and all lira and v~~nJaturm ins~~ance po!~c~~s on any of sa~d buud.ngs, any in~erast ther~in or pa+t th~r~uf, in the agg~egote 3~m atoresa~d
in ~aces: ~he~~wi, shall :one,~n the vswl s~, :dard ~norrgagae t~ausr or wch o~her ~li~se as Ihe Monya9~e n:ay requ:re, maA~ng ti,a ;oss unJr~ s.~.d po
c rs, each and evzry, pay:ibi~ to said ,11JRIGAGEk as ~~s ~ntar~st may appear, and ea~h and eyery s~ch po::c~ s~wii lx promptiy ass gncd ~~:d d~:~.ared ~
any held by sa~d LIORtGAG~E as f~rihar s_cur~ty to s3~d n:ongage debt, a~+d, not ttss ~han ten (l0i da;s i;~ ad.ance of th~ e~p~rot~on of ~ach po!~cy, to d.
:,ver to sa~d "AORTG~GEE a renewsl theieot, togeih~r w~tA a rece~pt for the prz~i~ium of s~th renewi; ~~id th~~e a1:a;l L-r no f~r~ or ~~:,wsfo~m inswanc
y:lated on any of sa~d b.:i~d~ngs. any int~•:est ~h~rr.n or part ~he~rof, un!rss in ihe fonr a~,d w~!h the Pess payab!e as aforesoid; a~~d in the e.ent any sun
of money becomrs p.~yobie vnder s~ch F.oi~cy or pol:cias sa,d h10RTGAGEE sh~(t have the opt~on to rec~•~:a .:..d apH!y etie same on acco~ni of ti~e indcb<<d
~~-_SS secured hereby o~ !o penn;t s.~:d 1AURTGAGORS ?O retri~c' dnC~ ui? it Or dny pa~f th.~:eaf tor ot:-~• r~.,.r. „Scz. :..~c~~~.;t th y c. r~:p,.ir
~ng eny cqu~ty, I;en or r~yht ~ndcr or by virwe oi ~h~s mor.gage; and in the event sa d AIORIGAGORS sha!I :o~ any rcason fa~l ~o kzep ~he sa~d prem;s~s so
:nsw~~d, or fail to d:'~~rr pro~nptty a~~y of sa~d pof~cies of inSUran~e to sa+d h50RIGAGEE, ot f~~; p;un:ptiy to y'ay fu:;y any ~:r~„,,,~n thcrrfor or in a~y
resp~~c1 laft to perform, dlscharge, err;u~e, efte:~, compietr, co~nply wi~h and ab~de by this covcn,n~, or any p~:~ h:rrof, sa~d h1GRi;,AGEE may p~ace a~o
pay for wch inwr..nce o~ any pa~t thar~of Mr~~fio~t vraiving or affecting any op~wn, tien, equ~ry, or r;~ht unde+ or hy vinue of this hlortga3a, and ihc
t,,:; a,nou~t of each and e.ery such payn:aM shall bt ~mmed~atety due and payable ahd shall bear interest from ~ho datr thercof until p;,~d at ~he ~ate ol
n'ne per fent~~n pe~ annu.n and ~o},Ih~~r ~n~:l~ Su.h int~~c~st shaii be secured by the IiCn Of thii mottgage.
4. To permil, commit or suffer no waste, impairmeM ot deterioration oi said pruperty or any pa~t tnereOf.
5. To pay ail and sinyvlar the co>ts, ~herges and expensea, inc~~ding a reasonable atta~ney's (ee a~d tosts of ahstradi of tit!e, incurred Or paid af
~oy t[n,e by sa~d MORfGAG'_E, beca~ze or ~n the event of ihe fa:lure on the part of tha said hSpRTGAGOR ro du:y, pra>>Ftly and f~~iy pcrfonn, d~scharge.
_•cc~t~, elfect, canp:ere, co•nply w~th ar,d a6.Je by each and every the stipulahons, agreements, condnlor.s, and covenants of sa~d prom:;sory note and ~h;s
~:orrgage any or e~~h~~, and sa d cos>s, charges and expenses, each and every, shall be imm~~d~ately due and payabte; whe~her or not there be no+~ce d~
~~.~n~, atte:npl to co:lect or suit pend:ng; and rha fult amoum of each and every such paymrnt shali bea. ;ntares~ from the date thereof until paid a~ the
of n~ne per c~n;~~n i~r .,Ii s~~J ce,sts, cnar~es a~:d ~xp~ns~s ir~curred o~ pa~d, ~ogathr~ w,th s~ch ~nterest, shall be secured by the I~en oi th~s
~nortgage.
b. Tha~ (a) in the event of any breach o( this Mortgage or default o~ the part of the h1pRTGAGOR, or ;b) in the event Any of sa:d sums of money
! r-ein referrrd to be ~ot pron,ptiy and iuily paid ~v~ih:n ~h:rty ~3J1 days ne,~t ain_r the sama severa:l~ becoma due and payabte, without demand or nctice,
or ;c) in thr event cach and eve~y the stiNu:at~ons, agreements, co~id~t~ons and coveoants of sa.d pro~nissory note and th:s mortgage any or e~~her are oot
i~;y, prompfly and fully pe~forn:~d, d.s:harged, exewted, ef}e.~ed. canpteted, compl,ed wi~h and ab~ded Sy, then in e~ther o~ any such event the sa~d ag
~•.,gatz sum menno~~ed in Shc(~ ~f0:~1t550(y ncte then iema;ning unpa~d, with intere;t accrued, and all ~twnrys sew+ed hereby, shatl beco~ne due and pay-
au e foi~h,vith, o. thereaftcr, at ~ha op~~on of s.~~d h10~2iGAGEE, as fully and comp!efety as if ail of ~hr said sums of money were or~gma~ly st~pu:ared
ro bc pa.d an wth day, anything in sa d promissory note or i~ this Lto~tgagr to the corzr:ary not.v;thsrand,nq; artd thcrcupon or thereafter at the opt~on of
s: d 1'.•,ORTGAGEE, ~a~thout not,ce or demand, su~t at law or in equity, therefore or thereairer begun, may be prosecuted as if all moneys secured hereby
n, d matured pnor to ~ts institvtwn.
7. That in the event that at the beginn~ng of or at any time pending any su~t upon this Mortqage, or to loredose er, or to reform it, or to enforce
i~:~;ment of any cl~ims hereu~drr, se~d f.10RTGAGEE shall apply to the Caurt having ~unsd.cf~on tL•ereof for the appo~nhnem of a Receive~, such Co~rt shall
r~,chwirh appo:nt a recei~er o( said mortg;g~d property all and singular, indud.ng a:I and s~ngu~ar rhe income, prof~fs, iasves and revenues fiom wharever
s~ urce drrived, each and every of wh:ch, ~t be~ng expressiy understood, is he~eby mortgaged as it sprc~fically set forth a~d described in the granting and
}~.~bendum c!auses hereof, and svch Recei.er sha~l have alt thH brcad and ef4ective funct.ons an~! powers ~n anyw,se entrusted by a Cou~t to a Recriver, and
s:h appointment shalt ~e made by such Courf as an adnitted equity and a m,atter of absolure right to said MORTGAGFE, and withcu? refeter.ce to the
=uaqvacy or inad-eq~aty of the value of the property morigaged or to the so.vency or inso:.ency ot said l~IIOR(GAGOR or the defendants, and that such
~~•~ts, proiits, inco.ne, issues an~ re~~er.ues shaL' be app~ied by such Receiver accord~~~g to the :ien or equ~ty o( said IdORiGAGEE and the pract~ce of sucA
Court.
S. To du~y, prompt!y and fui!y perEo~m, d~scharge, execute, effect, complete, comply w~th and abide by each and every the stipulations, agreemeots,
c~~:ditions and covenaros ~n sa~d pronissory nore and thls mor~gage set forfh.
9_ That in the event the ownership ot the mortgaged premises, or any part thrreof, becomes vested in a person other than the MORTGAGOR, the
: ~RTGAGEE, its svccesso+s a~:d ass~gns, may, without notice to the h1QR~GAOR, deal wrth such successor or successor in interest with referenCe fo This
• o•tgaye and ~he d_o~ hereby secured in the same manner as w~th Rlortgagor w~thout in any way viuating or d~stharging the 1'dortgagors' liabflity here-
v Jer or u~an ~h~ d~~bT hereu,r sec~r~d. No sa:e o( the Fremfses hcreby marrgaged and no fc:bea~ance on ~he part of the /~10RTGAGEE or its s~ccessors ~
o~ aszigns ard r.e exrers~on of ihe 1im~ ior the paymem of the debt here6y sx~red given by the MORiGAGEE or its successors or oss:gns, al~all operate
,o re~eose, dacharge, modify char.ge or afiecr the origmai liab„rty of the MORTGAGOR herr~n, either in whofe or in part.
10. It is speuf~c3i;y aorced that time is of the esser~e of this contracf and rhat no waiver oI any ob!~got~on hereunder or of the obligauon se-
c: ~ed here6y shal~ at an~ time therraiter be held to be a wa~ver of the terms hereof or of the instrumeN secured herby.
11. In .;ci:l t:c~ !o rh•~ fore3e ~nor.thiy p~~m=nr5 of prinCpal and interest requ~red by th~ prom sscry no!e s~-c~red her~~b/, mcrtgagor tovenants
~°d agrees ro pa~ ~o ~~;o~tga3ee ;..±h eac6 ~^enrh!y par~•:ent an add~~~onal sum esY::ra~ed by mortgagee to be eq~ai to i i2 of t:ze ann~a! cos~ of the follow-
A-Alt rca! Froperty taa-s Ir~~_a or assessed ag3Put the above deuribcd r,al esta!e.
B Pr<n:.,;.s on firt ar.o v.incisr.r:n inwrarce as iie:ein requ;red to be car:ied on the :r-~proveme~ts s:t~ate on th_ above d=svib~d premises,
C-Pre~n~o~• z o~ svch rcortgc,ge gvaranty icsura~ ce as mstyagee shail frc~c t me to ti~n~ deem fit to tarry on the tuan s^cured hereby.
Itlortgaaee s~:~'i '~cm r~•.~a tc r;-.~e nor~fy mcrry~ger ~n w~~t:r.g of the amov~t due and payab;e hereundar and such su~n sha!~ thcreupon be due and
..abte on the ctoe 3~ e of tha ne~t month.~ payment and each successive month the~eaft~r ur.til mortgagee shall no:~fy mortgagor of a change in such
-unt. Such su~ns sFe,i be ap~:.~ed ~y mortgag•:r toxa~d tF.e payment of rea~ propeny taxes, insurance prem.ums, and mortgage guaranly insurance
. ~~~r,iums.
IY \'lITP~ESS :'+'HEREOF, the sa~d MORTGAGOR has hereunto set his har.d and sea! the day and year first aforesaid.
Signed, Seated a~d delivered in the presence of: ~ /
- FILED ~M ~ . ' ~ ~-G~~Lq•/(/~ `
RfG~RDEO «a~>
c• ST.IUC~:. :.;~;;tiTt F~~. He~cbezt H. RobltlsOA ~~aq
; aocr. ~,,~-R~s ~ -•~~.m G<<•-r~ z~.=z
- - CtER.( : ' ;,,;t' GJURT TSeaq
Rfrr.=:~..z:.-:~, Ge~neva 5. Robi~ason cs~a~~
~ ST.:;iE OF K6R1~4 ~=y~~ qE~~.~ ~ 51 a~ ,7t
~JUNTY OP n1 Gj_!~~SE1~1L~'1 , 243168
~ HeYbert H. Robinaon
Be`ore me personally appeared and
~ Cael]eVa S. ROb1TlSOI1 his wife, to me welt known and known to me fo be
i 'i e individuafs desuib~d in and who execured the foregoir.g instrumeM, and acknowledged betore me ihat they executed the same fw the purposes
~ 1
ih•z•ein expressed. And the said__~ (i~Ii@Vd S~Robinson
i ~ :
r::fe of the sa~d _ HeY~Yt H~ Robinson , ~pon~ ~~piN1+ ihd pirvate - ~
:••am~nar~o~ by me taken separate and apart from her said husband, acknowledged to and before me that she executed said inyrtu~r~pRt (rqeiy ar.d yotuq-
a.~d w~thaut any co~~pulsion, constra;nt, apprehens~on, Lo/r fear of or from her said husband. ' ~
WITfVESS my hand ar.d oif;c~al sea~ this_ ~ 7 y V~b@Y " ~~b. 9
da of . n C~ = ~
~ = / ,
otary Pubiic in and fer the State O~ ~ r tgt
My Comm~ss~o~ expires: .~T .u~`~jII.~.
Rerv+n To- ~~l~t i
1--__-_
First Federal Savfn s 3 loan Assxiat;on ~I~+ ~ "Sj ~
~ Co:n-nis;ion Fs=ires lutp 1, t9'74 '3 1.~
oi :o,r F • -c_~ ::''t*.G
.~~~i~jy. MNtYZAl11.
Fort ?!_.•o=. F':.~nd~
i
This lnstrument Prepared By J• N: RObeZts~ Jl.
~ First Federal Savings & Loan Association
~ of Fort Pierce ~ Rlorida
~ ~~or. r~~~ 2~
Checked By . _
i
;
ls
~ F ~ ~ u ~ ~
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