HomeMy WebLinkAbout3076 3. To place and c•~~~~lnuo~s y Leep on the t~ o gs I~JN or 'rereafter s:~u~te on e.: d~and and on a'. c~.:~p.~~rnr and perso aliy co:~••rd by ih~s mong•
eye, w~th a~{ prrn~~~~ns tkrieon ~,.,.d .n f~::, f,r:r u:_,,.~u~• an the ~5~~~ star.d~rd po':cy f~rm, in a s n 3rrro•cd bf t4~r :!UK!v.~.v:[. a~~d w~'~dstorm
~~s.~rance in ~he us~al a~a:~d.,rd po: cy for~n, in a w:n ap~:ro..:d by the h~JRTGaGEE, in such ca~•pa~~y or co:~•~,ar..es as ~~e 1.tO~TuAviE rnay
Juect; and all fire acd w,ndsrorm ~~sv~ance po:~:~es on any oi sa~d kw~:d.nyf, a~y inrerrat tharein or pa~t thcrco!. in the a~~r_ga+e s~~~ atGrrsa~d or
~n eacess thareof, si~aU :ont,.;n iha usu_: s's::d~~d ^•c_'g'BeC ~'~use or scch o~her c:ouse as ~he 1lonye3re may ~eq~.re, n.a~u~g tnr .c~s ~~~dr~ s~ d poli-
. es, each and every. p,~y.,~'a to sa~d :',JRiG4GEE as :~s ,~~<<•~.st n,ay app<ar, a:;d each ~r,d e.o~y s~ch po ~c,r s{~ br H~o:r;,f',y as~ y~~rd ~~:d dr:~.~~~. d+o
any held by sa~d ~Y,ORr;,.aG_E as f~rrh.r s;•c~rity ro sj;d o:tgale debt, acd, ~or :ess than !e~~ i~~~~ dars :~d•r..e o1 tF.~~ e.p~»!~en ot each po~~c~•, to da•
;~vrr to said A10RfGAGEE a renawal the•e-of, toye~her nith a rrcept tor th~: pr,:m~~m of wch ~e•~a•~r.a; a.~d th~•re sha:: be ~~o f~re c• ~~~:•.isiu•~n u.s~:ancr
ptated on any of sa;d bui!d~•~gs, any interest there:n o~ part ther~of, un'rss in fhe form and wrh the ~osn payo~'e as atcresaid; 3nd in the evcnt anY sum
ot money becomes paya~~e unde~ wch po:~cy or pol,c~as se:J h;ORTGAGec sh.~~l Aave :he oNt.o~ ~o rec•_~.e .~;,d ~p~:~ the se•,.r on ac.o~ ~r o4 ~he i~~~«.:~•d~
~esi sewred hareby or To per~,,;r sa:d l1lORiGAGORS to r<c~~~r ar.d use it or an~ E,,•~r ~he :roi r:,r ec~,..r -~•s 'n'~. a:r
~n~ any eq~:ty, I:en or ngi+t u~~der o~ by vlrtue of th~s ~Tw•c~ege; and in Ihe eveM Sa d,~~~2TG:•v02~ sh3:i `.or a:iy re.~son fai! fo ktc~~ th~~ sa~d pre~n:s_s so
~~su~ed, or fail ro de!i~er p~o~nptly any ef s~id EwLues ei ~ns~ranct ro sa d MUkiGi+GEE, or t~~. pro•~:~,'ty to F..~y 4u :y any , r~~;,~~.:•n th_•rvsor or ~n a'.y
r~~spett !ai! to perform, d~s.hor:~e, exccurr, eHec1, co~~~ptetc, co~^pIy with and abide by ~h~s covznaot, or any p.+rt li:rrof, s..~d MURi';:.G~F inay F:iac~~ a: o
`3, fo~ such ;nwr.,r.ce or any parr thr{euf wahout waivir.g o~ affec~ing any op~~on, lien, equ~ry, or n;ht u~~d_r or b~ v:•t„e ot ~h~s .~1e~T9~ga. and ~he
t;:i amount of each a^~! ^+e•y ~,.rh n,~yr•~ant shall be ~mmcdiately d~e and payable and sfiall bear interest frc~n tha datt thrreof ~ntil p~~d at the rate ot
~,.~.a }~r cwituwn },er a:i._:~: c,::;i !~.~c:h_r t.t?h such +r!s:,;st $ha~~ :~r s:...red by_the l~en of th:s mortgage.
d. To permir, tommit or suffei no waste, impa~m:ent O~ deteriorahon of said prop~'rTy O~ any part therrof.
S. To pay a~l e~~d singu'ar ihe costs, charges and cxpenses, ~r.c{~d~ng d fPJ50n3DIb atromey's fee ~rd cas~s of a6;tracts of t~r'e, in~urred or pa~d at
~~,y t~~c 6y sa~d MGRTvAG~E, Geca;,se or in the event of the fa~lvre on the Cerr of the s~~d h10RTGAGOR to dc~y, pro~e~pt~y a:~d f,,.~y r~cfonn, d~s:h~rye.
wtr, effect, comp:e~e, co r., fy v~,~h and a6 de by each ar.d every ~he st~p~;aT,ons, agree~r,~nts, co~d~t~o~~s, and cove~~a~~rs of ss~d pro~nl,so~y note a~•d thh
,~orrg~ge any or e:~hrr, a~~d s_ d cests, chargrs ard expe~ses, each an~ e~~zry, shall be imm~•d:atrty due a~d payauir; v.h_rher or not ~hr:e br no!~ce d~
~,,a-~d, ane npr ro co!:ect or su~t pend.~~g; 3nd ehe fvl~ a~noum oi each and e~ery svch pa~mem shal; bea. i~rt~~res~ from the dare therc~o~ unril pa~d at the
~ o+ nLo.> per c~n:;, ; cr a~..~., n; ~~~c sa~d msts, ci~a;ges and rxxrs_s ~nwrred or No~d, toy~th~r w~ih such ~rterrst, Sha11 be secured by the I~rn ot th~s
murtgag0.
6_ That ;a) in the event of any brra:h of th~s rAo•tyage or d~6evit on ti~e part of the V.ORTGAGOR, or ;bj ~n the event any of sa'd svms of money
F-~re~n refe~rrd to ~ not pr~"~p~'y ar.d t~~?y p•a~d v:~r~,~n tr~.~ry ;3ui da~s ne.t a~r_-r ~he sa~.:e scvc+a:ry beco~::~ d~e and payaL•'e, witLout de:+:ar:d o~ no~~ce,
,c) in thr evtnt each and ere~y rne St~j~U•d1~G(~S, 07~1'2:T~17T5, G.;~.:i,t~o:u and cuvenenn of sa d{:e~n.sswy ~cie a~~:l ~h.s mo~tgage any or e~ther are nm .
:,,y, promptiy and fci!y perrorn:e~, Ua:i~ery;d, e~ecur~~d, e~frctrd, comp:ered. co~zepl,ed ~.,;h and ah~d~•d ~y, ~hen in enhrr or any wch event ~he sa.d ag-
~stg sum mentioned in sa~d pro:nusory ~ecte trten re:, aining unpa~d. ~vith intrre,t acc~ued, e~~d a~l men~ys SeCi.~ed h¢.2ty. Shdli btco~~Se d~e and pay-
. c forthwith, or thureafter, at the e~~•.on of s.,~d M.O~TGAGEE, as fvlly a~~ comp:r!eiy as if a~l of the s~~d su:ns of money v.ere or:g~~~a~~y s' y:::~atrd
~ be p~.d On sv[h d~~, anything in s.~ o pro n,zsory ncte or in this hlo~tgag? to the contrarY nohrifhstand~.~g; ai:d thrrru~~on or thereafte~ at the opT~on of
s~.:1 t10RiGAGEE, wrtho~t not~ce or dem.~~;d, s.:~t at ;aw or m equ~ty, the+r!ore or ihereaftrr bryun, n:s~ be prosei~trd as if a!I monrys secured heteby
r.~.d mat~rrd p'~O~ ~O rts ~nitilvttOn.
7. That in the event that at ~he bey~~r,.~~g of or at any t:~re pend~•~g any w't upo~ t1:Is hlortgage, or eo foredcse it, or to reform it, or to enforce
;:.~,rnent oi any cia~~ns he•eu~~d~., s.~.d n»e?~~GEE s~a ~~pp~y to the Coucr havu:g ~U'~SCSU:OII th.:c::f for ehe ap:~.o~ntn,ent of a Receiver, such ~eu~t sha~{
~~rrh.v:th appoir! a rece~ver of said mortgsged propert~ al and sin~u~ar, inc::.d ~~g a~i and s~ ~g~~ar t~.e ir.cc-,:e, p~ofrts, issues ar.d revcn~es fro~~ wh,tever
s.,•ce deiiv~d, each and every of ahch, n t_~ng exuresiiy undersiucd. ia 'rere~y mort~,ged as ii spec.f~cd~:y srt forth and dascribed in the g~arn:,~ a~~d
i;-;endvm tlauses hereof, and such R~-criver sh.: ~ have ait !he br,,ad a~.d effEt+~ve fu~,crois and powe:s in an~a~s^ en!rusted by a Court to a R<c~i+e:, a~'~d
s__h appointment ahj;: be m,de b~ such Co.:rt as an ad~•:irrrd eq~~ty ar.d a ~~attcr of abso:urr nght te :aid A`,ORSGAGEE, and wni~out re4erenee to ti~2
r:i q,~;ty or inadeqvacy of the val~e of the ~.roc.~~rty mort3agrd or to the so~ency er ~n>o :ency of sa:d M.ORiGAGOR o~ thr defer,den~s, a:~d ~h~t such
~ rs, p:ohts, incomt, iu~es and rever.e,es s;::: be app.~ed t~ such Rec.ivcr ac:.rd~r•g to the lien or equity ot sa~d MORiGAGEE a::d ihe prac~i:e of such
Ccurt.
8. To duty, promptiy and fv'~y pe•~orm, d~s:hn~ge, exew~e, eff~ct, comp;rTe, compiy v.~th and a6ide by each a~d every the s!~p~:ar'ons, ag.eemen!s,
c~ndrtions and covenams ~n sa~d prern~ssort ~~;;~e and ths n.ar.g~~e s_+ forth.
9. That in the evrnt ~he cwnersh:;~ ef tF~ mortg.egcd pre ses. o~ anv part tnerecf, Eccomes vested in a person ofher than the MORTGAGOR, the
.~R7GAGEE, its success~~z a~,d ass~g~~s may, v.:~ho~r nc•::r .ti".JRTG~~R, deel .v~tF~ such successor or wccess~~ ~n ~nteitst w~~n refrrence to th~s
_^gage and the d_~n c~rcby sacur~d in the sa~re ~^a~:r~-r as ,sh :•.o~r~,go. ~~~rho~t in any way vit:ating o+ dscharg~r~g the Rlorrg,gori liabl;ity her~
.~r or uF.on the deer n•_:e'~~ sicured No sa.e o4 st,r fre•, >s hrc[,; morrgaged a:•d no 1o-beara~~cr on ~he part oi ~hz IAORTGAGEE or its su:cassors
- assigns and no extens~on c! th~ r~'r.e'.or t...~ F;a~~rr~~! o! t r Urb+ hrrc;.~ sccwed given by the Pd~JR1GAGEE Or it5 sutcessors e~ dssgni, a:;dll operate
re~ease, d.scharge, mod~fy ~hartge ar aifect :F.e e•~ginaF i:..~ ~~~y of ehe Mi)RiGAGAR i~err:n, e~tr:er in wh.o:e or in pa:t. _
10. it is sFeufl;al~y agreed ~hat nme is of ihe essr~~ce of th~s contrac~ a~:d thar no waiver of any ot!;ganon hereunaer or of the obtigation sr
~,red hereby aha~~ a~ ar.~ tinre rh-_r.af:e. be h<`.d to 6e a wo~.er cf the tem+s hereof w of the ~nstrumem secwed hc~by.
I1. In ,;:idt:o~ to the ~oreq~.~,~ n:omh'y ,^,~rn~.~,nis ot p:c~~:pai and ~~_r<st reqv~red by th? prom~~sscry no'r sac~re~ hu~•by, mo~ryagor eovenants
agrees ro rey to e.v-rga~ee ~~ch each ri~ ;;,i,~ en! an add.r~onai s~m rst ~ ~.ed Ly mu~!yegee to be eq~a~ to 1 i2 ai she an ~,,~al cost of the follow-
, P-Ali r~af prop~~rt~ t3K-s !e:~:d o+ d5S?SS~•J og~~ sr tF.e acov~ dtscr~b~d rea~ esrate. ' .
E Fr ~ ,~s o~ f~rr a~ d v,;•:d;ro ~nso~_~~ ce as i:er~.~r. rrqv red to b•~ ca~-~-d c~, tha :m~..cveme:~ts s:tuate on tt,~ abcvc d°scrit,•,d p.emisz~s.
i
C-Pr~,.•.,u~• s o•i ~vch ~ro,+~ ~~a•?.l'y ~_'3' 25 '~~"r]dy°c' si a i ir~~~ .-e to ':~n~~ de~•rc} fit to carry on the loan s•~c~r:~d hareby.
1.~,or!gsgee s'^..~.t ~rc~-i •~.,r ro t:~~e ~~.c•~-'. .._•t~„Z=~r .n wr~t:~•g of the ~...o.~it d~.ie ar.d p3yablc hereundar and s~_n sum sh.i!: :t~r.evpon be due and
i
.:~~!e on ;h.: .l.,c~ u-•-~ oi ~~e ~~.r n,o:~rn , p~~ . anr and e.ch svcc•~ssve n or;h merc a4f_. ur.ri~ mer.gagee sha'.i not.fy mortga3or of a chanye ~n wch
~ • _unt. Such s.,:ns st~+.i be a;~~; ~:d :;y ~^cr•y,~~_~_~ vor.~~d fne ;;a~r.:ent o~ rea! property taces, insu:a~•.ce p~em~.~?u, a.~d rt:orty3ge goaranty insurarce
_ numi.
~ IN,~'lITP1ES5 '..HCREOf~ the sa~d 1110RTGAGOP, has F.=reunto se! his h~r.d and scal the day ear first a.'o !d.
s i
S:gned, Sealed a.'~d~dei~ve.e q' in the preserce of:
i 1 ~i c _--`J
- - l.G,~: . ~_T_tI f V 6~"f -
r ~ -T--- -
3 - ~ (Seat)
= ! - ~i' t - '_-s~-~_`
~Ci_1~.~.~.~ ~r,v~G'`~~'~(Seal)
~ ~ ~ IV M• Ls'l21I13~ClA lseap
~ JAMAICA, CITY OF KINGSTON, ~ ,
~ EMBA.SSY OF ZHE ~
~ UNITED STATES OF AMERICA. ~
0
~ Before me personally appeared ~1Sell .l. I.dAlldadA and
~ M. _j.dRA~fl his w~fe, to me well known and known to me to be
~ e ind~vidua:s describad in and who executed the foregoing instrument, and acknow;ed~ed before me_~1`~ht~l~e~e f'uted the same for the purposes
~ rF;~rein expressed. And the said-_--- ---__I3t~LM• ~11a1~all : . _ • • • ' •
' •~_t. = -
" r..'a of the sa:d _ ~ ~'~t upon a separate and private
..,•n~nar~on by me ra~en separatz and ap~n from her sa:d husband. ack~owledged to and before ~iAe t ahe execufad ipst/ument freeiy ar.d volun-
~ -.!y and w~thovr any comp,,.sicn, consrraint, a,.prehens:on, or fear of or from her said husbartd. ~ %
i
~ WITNESS my_hand and off~c~al seal th~s_ _ 1St day of--_ A. D. 19~_
~ 1
C~-~-ets~ ~w 3~
My Comrr~ission ea~ires:
~ Re~um To: • ~ ~ -
- ~ , ` • I~t~finite
First Federal Savings 3 loan Associat.on :i ~ • ~
~ ,
- o~ P..~,, ' ; -,1.'~Jfl
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' Fo.t P~:•~~.. F~;-~ . ^ . •
ST WCIE COUMTY f~A.
_ Th~s tnstrument prenared By H. Roberts, JY. ROCER POITRAS
First Federal Savings 8 loan Association CIERK CIRCUIT COURT
RECORO VEAIFIEp.~.~ i
of Fort Pierce ~ Rlo=ida
= ~ ~CC !~I !2 sv PM'1Z
~ Checkeci By ~ R
~ 80GK~ ~ ~ _
_ ~ ~~.3fi~4
, S
tiy
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