HomeMy WebLinkAbout5116 3. To p'ace n~~ co~+:»~.•~~ eIy kpPn on fhe b~i'd,ngs r,ox or hrrrairer s~~uare on s.~~d :and and on at: eq.,:p~nrn~ ar.d pe~sonally co.e~ed by ~h~s mor~g-
age, w~th sll prem.lums thereun ~.a.d ~n fuli, tue ms~ranca ~n ti~e is~ai s~en~,rd po'~ty torm, in a sum aFpiu~td b~ Inr htOR.v.;v=f, end wiiidstwm
~nsutance in the usual standa~d ~o:.cy IO~~:t, in d wm aFprovvd by ih2 111JRIGAGFF, in s~th cc~npony o~ tomE:an.es ai ~hz h10RiGAGFE may
d~rec~; and all lire a~.d w~ndsto~m inwranca po:~c~es on any of sa~d b~~~d,n9s, any interrsl Ihe~e~n ~r part ther~of, in !he agg~c•gs~e s~m a4o~esa~d or
in extess thereof, sholl tom.,;n ihe usuai sra ~d.~rd mor+~agea cieu~e o~ such othrr ue~se as the Mo~t~ayee may req~.re, mol,~,g ~h< <oss undr~ s~~d yw~r
Nes, each and every, pa~.~b:n ro sa~d b1ORIGAGEE as ~ti ~n~ci~~s~ may appear, a~~d each and e~ery wch po.~c~ s~~aU ue p~ompt~y ass g~~~d a+~d de!~.rr~-d to
any he!d by sa~d h10R1GAGEE as f~r~her srwr~ty to sa~d n oriyage d~ut. a~~d, not less tha~ te~ (IJ) d~ys in ad.ance of th~ e.N~•airon of ~•ach po'„cy, to dr
Gve~ to said MORiGAGEf a renewal tl~ereof, toge~ha~ wi~h a rece~pt for the premwm of suth rene~a'; and thrre s~~oll ba no i.re o~ .rL~;rsw~~n ir.s~rance
p~aced on any of sa~d buiid~ngs, any inrerest there.n or pa~~ thrreof, ~niess in the form and wi~h the tosa payable as afo~esa~d; a~~d in the event any sum
of money becomes payab!e undrr s~ch po:icy or poGc;es sa,d MJRTGAGEE sh.~it hare rhr op~:on to rece,.e ,~:d ap~ :y ihz sa~:2u on ac;o~nt of the ~nd~•uead-
ness sec~red haieby or ro perm~t sa~d MORTGAGORS to rece~ve and ~se it w;ny p..~t ~ha:.~of Ic~ e~~~• r F,,r:-_s~s. :.T e~: •3 • p_~ -
y :y ty:; tY. ..g. . _
- ••^ae~ v~.+,,a of th~s mor~yage; and in ~ha evrnl Sa d M0~IGAGORS sha'.t ',or a~ry reason fs~l to kcep the sa:d p~e~~~~srs so
insured, or fail to del~ver pr~mpely dny of ~a~d polkSes of insuran~e to sj~d MORTGAGEE, cr f~:; promp!iy to pay fu.:y any pr~:n,~-n te~cr~tor or in any
re3peu laii to perform, d~scharge, execute. eftect, canpte~e, co nply wiih a~d ab~de by th~s cove~an~, or any par~ h~reof, se~d MvFi~AG:E may piace a:a
pay fw such ineurence o~ any part thereof wnhovt waiv~~g or affeci~ng any opr~on, lien, equny, or n3hr ~nder o~ b~r vut~e of ~h~s hto~tyage. and ihc .
1~'i dmovnt of each and e~ery s~ch payrr.eM shall be ~mmedietzly due and payab~e and shaU b..~ar inter~•sf from the datr thrreof ~ntil pa~d at 1he rate ol
r,e per centum pet an~iu~n and to3r`h~r ~n,ith w.h in!er~~t Shai~ be Sc'wred by the lien Of thiS mOrtgage.
1. To permit, comm;t or sufFer no was!e, impairment or d~~frr:oret~on of aa~d property w any pare thercof.
S. To pay aI( and singufa~ the coats, charges and e~penses, irtciud+ng a~easo.»b!e anornry's fre and cosn of abu.a.rs o( t~r:~, incvrr~J o~ pa~d at
eny time by sa~d 6tORIvAG:E, bec~ase or ~n rhe event of fhe fa.lure on ine part of the said MORT'vAGUR to d~:y, praT+ptly and f~!ly perfprm, d~scn~rge
e.ec~te, efieU, comy!ete, tomply w~th and ab:dr by eath and evrry the st~p~.lat,ons, agreements, tond~t~ons, anti covenants of sa~d p~oml;sory note m:d ~h~s
^,o~rgage any or e~iher, and sa:d costs, charges ar.d zxpenses, each and evrry, shatl be immed~ately d~e and payab'e; whrther or not shr.e fx nonce da
^,and, attempt to to~~ect or wit per,p.,,y; a~nl Ihe f~:' amount of each and e.ery such paymem Shah bra~ int,:resr from the date th<reot until paid af fhe
•:re o~ r.~ne Ne. c~~iru~,~ a~1 w:~,; ~nc ~d sa~d cosrs, ct~arges and e~par.ses mcu,red er Na~d, ioy~ther w•fh such in~~rost, shall Ne secured by the i~en of th~~
morty~p,
6. That (a) in tFw event of any brezch of this Mortgage or default on th~ part of the Y,ORTGAGCR, or ;b1 in the event any of sa'd sv~ns of money
herein reFerrrd to be not promptiy and fu:ly pa~d wi+'r~in tt~~rty (30? d~;s ncAt a-re~ the same seyera::y oeco:>>r d~e and paiab!e, witt:o.,i demand or not~ce,
or ~c) in thr evem each and e.ery ti,e st~pu:arions, a~reaments, cc^d~alons a~a co~enan~s of sa d pec•n~ssery nota anJ th.s mottgage any o~ e~~her are not
~::ly, prompt{y and fviiy performed, d.sc:+arged, executcd, effectrd, compteted, compiied v.~th znd ab~d•,d S~, then m e,~her o~ arty wch evenr !he aa~d ag-
7•~~3ate sum mentioned in sa~d prom:sso?y note th~n rema~nc~~ unpa~d, with intrrr~~ 3COUBd, dn~ d~~ mor,~-ys src~red he~eby, shaJ bccome due and pey-
e:: e forthwith, or therearter, at the cpt~on of sa~d 610RiGAGcE, as fuily and co~npiet~lY as ii ali of tt~e s.,~d su~»s o~ money were o~~q~naily st+pu:ated
ro be pa.d o~ such d.:y, an~fh~ng in snd pro~issory note or in this Alortgage to ~he conrrary notwithstan.a..:~g; a~~,d th~r~~pon or th.:rreftrr ai the opt~on of
s~ ± MORTGAGEE, w~~hout no+~ce or ~~mand. swt at :aw er f~ equny, therefore or thereaiter b~gun, may be piose.uted as if all moneys secured hereby
,d ma~~red pnor to ns inst~t~t~on.
7, That in the evant thj+ at !he beginn:ng ef or at any time pend~ng any sv~t u~ o? th~s !V!o~f~acle, or to fo~ectose it, or to reform it, or to enforce
:~~menT of any c!eims herevnd~r, s~ d t,~,pRTGAG~E sha , eppty to the Co~rt h;.n,g ~~r~sd.;+:on th_•r~~ot te~ the ap~po~niment of a Rcce~rer, such Court sha3i
c•nv:rth appomt a.ece~~er of sa~d r.,orr~aged proparty all and singu,ar, ;n~:ud.:~g a.: a:,d r~~3~~ar ~F,e ~nco+ne, prot~!s, issues ard revenues from whetaaer
s: ;rce der~~ed, each and every of wi~.ch, ~r lx.ng exp:e•ss'y unde*s~ood, ~s Fe:.:y mor+qa~ed as ~f spec.4,~a;ty se~ forth and descr~bed ~n the g~ar~r~,t~ ar.d
+~end~m ua~ses hereof, and such Rece~+~cr shaii havr a'il the br~ad an~ e?tc<*~ve f~n~t.cns and pov.e.s in anyw~se emruated by a Court ro a Receire~. a:~d
s_ :r, appe~n~me~:r sh~it be made by avch Cocr~ as an ad n~!r<~d eq~~ry and a matter of abso;u~e ngM to se.d h50RiGAGEE, and w~thcut refere~,ce to the
,:i_y~.scy or inadequacy of ihe va.:e ot rhe propercy mo~~gaged o: to enr savency or ~nso::e~cy of sa~d M.OR:GAGOR o. the defendar.ts, a~,d ti~at s~ch
r_ ,rs, p~ofits, income, iswes and re.en~es sha~i be appt~ed by such Recr~Yer ac:orti(ng to the iien or eq~~ty of so:d MORIGAGEE and rhe prachce of such
Court.
8. To du'.y, promptty and i~i~y perfo•m, d~scharge, exec~te, effect, co-n~letc, co~t;F y w~+h and aL•ide by each and evr.y the at~pu~ations, agree:nents,
~nd~tions and tovenants ~n sa~d prornisso: y ~ote and this mo~tgage set forth.
9. That in the event the ownersh~p of 1he rr,ortgaged prern~ses, or a~y part tnereol, becomes vested in a pe•son orher than the h10RIGAGOR, the
'~RiGAGEF, its successo.s ar.d ass~gns, may, without nofke to the ~tiORTGADR. dza: .•~rh such wccessor o> s~ccessor m~r.te~rst w~Th refere:ue to thn
o•+gage a~:d thr deut hereby secu:ed in the same manr,er as v.~rh hSorTgagor w:thcvt in any way vit,ar~ng or d.scha~g~ng the Rlcrtya~ori liab~i~ty here-
.ier or upon the debt he~e,~y sec~r_-d. No sa~e of the pre:~,+ses he~eby n~ortgaged ar-d no fo~bearan~e on the parf of the /hORIGAGEE o• its successors
o~ assigns and no extenslon of the Nm~ for the paym.ent of the deb~ h~ reb; sec~red g~vrn by the l. ORTGAGEE or its wccessors or ass gns, ~nall operate
r:, rr~Pase, d::charQe, modify chanae o~ affect the orig~nal tiab.l;ty of tne hSORiGAGOR herrin, either in ~hoie or in pa~t.
10. h iz soec~fica„y agreed tnat t~me is of the ess~r.ce of tF~~s cont:ac! and rhat no wa~ver of a~y ob~;ga~~on hereuncier or of the obligation s~
~~ed hereby sha'i at anf time fh~reafter be hcid to be a wa~ver ef the terms hercrof or of the instrument secu~ed he~by.
ll. In acii.t~..~- to th~ iotegc~~~3 •nunth'r F=ay:,.:~nrs Of p:i~~-;'jl and i,•,t..•;.st requ~,red b~r the ,•o^.sicr n
' ~ y c•~ secored h;;~~6r, morrga~er eovenants
~;i egr_es to pay to ~.t ':~ag~e v~~;h ea_n r, on~h y;,:~, ~n~ an a:i~ ~~o~~ai sum es+ •.,red b~ morrgegea to be eGva' ro 1, of r;~r arr:uae tost of rhe fo~iovv-
. A-AI! ~.al prop.,,ty taras ie•.~„ or a_sezv_u ~y,~.,s~ tn~_ acove desc~i~,d r~a~ es~a'e.
B-Pre r.., ns en fire and wirlds~o~~n ~ns•_r„ :ce as i,ere;n req:~;red to b~- ce•ri.~d cn thz ;m;;~oveme~~s s.tua+e o~ th~: above descr~bed premises.
C-Prr~~u-s on s~ch r~.o:t~.,oe g.,ar,~~rv ics;,rnr:~ as r.,~rrgayee s:.a~! !~c- r~-~e to t:•r,_~ dee:n F~r ro carry on rF.e toan secu~r.~ ~.~-.~L,.
~Rortgagre s^~'! `.~c-n to +.~~•e ror{; mcrt_.,gcr •n ~nr:e.ng ef tne a:,o-;•.t d,,e and pa~able her2und~r ai~d s.:ch sv.~ sha:( th~~revpon be due and
~b!e on the due o„t~ cf the n•_xr •,.or+h'~ pay~r~nt and e,cn SVCCBSS~~f ~'0~1!Fi tnereahar ~r.fi: mortgegee sh3!! not:fy mo~e~agor of a change in such
~ :;;nt. $~ch w~ns s1a i i~e a::p.;_d by rr:o.+g.~,~ru tc~.+~ard ine ~::ayn,ent ei frg; t~~Ye/~'I~ !r¦es, inso~a~~ce pre:n.~:r.s, a~d mortg,3ge g~3•anty insura~ue
. . ^~.iumi.
IN ti',rItNESS :':H~P,EOF, ~he sa~d '.?ORiG:.G.')P, has here~^.to se+ h~s h.~rd and seal the day and year first aforesa:d.
, Signed, Se ed and d~tli•fe~ed in the resence of: ' "
~l ''GG~1C/ ~ r _L~l~ G ~ - - ~y~7 i- t_=.~l
BOb C . (Sesq
Green
~ - - t5eaq
~ (Seal)
~~S-~ 1 _($eal)
Edris S. Green
:~E Of FIORlDA
_ :UNTY OF _ St. Lt1C1Q ~ ~
- - ~
i
Before me personally appeared _ BOb C. Green
- and
_ 4 _ EC2Z15 GIQ~i! _ hIs w:le, to me weit knewn a~d kncwn to me ro be
; _ ind~v~dua:s desu+Erd in and who exe~•,(~d ,the forega1n~yeenument, ar.d acknowledged before me that they executed the s~me for the purposes
F_ ~iQY3..S S• G
i r ein expressed. And the s~id- - ---i - -
' ot tho said flAb Cr -
; • ~ _ _ - - - n - upon a separAte ~and,' p~*iYst~
4 ~~~m:nat.on by me taken sepa~zte and apa.t frorn her sa~d husbar.d, acknowiedged to and before me tnat she exewted sa~d ~ns~~u~~{ ke~ and~hrpluryi
: -.-i and w~rhovt any ton;~:u!s~on, co^stramr, appr~ens:on, or fea~ of or 4rom her said husband. '
! WITtiESS my hand and oft;c~af seal th~s_. day of~ December _~y, _ -iq, p. t9~}t
~ .
' f ~ ~ .
' 1,f.deL -/-7/i~--~~~~C' ` ~ - t
/ Notary Publrc in ar.d fo~ t' StaR ~ r~ ~t~ ar~~ : _
~ My Comm~ts~on expues: - _ ~ G • ~ -
' '
Return To: ;
First federal Savings 3 loan Asso.iat on j~ ~'C `
~j p,.~„ N TARY FUB;IC. ~ '
~ SThrF•-~j,F1QR?~ 1 . GS.
fo~. F,~ •c•_ F'_ . 111Y CO~.,~~~~s~~Y ~n,~~~e~d` ~~sr5
^'.c~ _ . _ . ~ . :i k~Y~ a~i~~NYndil~: ers.
' F lEQ AMD~RUMTY fLA. ~
` S~. WGE
This Instrument Prepared By John W. Collins ROCE~ ?G~TRAS ~
First Federal Savings & loan Association CLERK C~. ~UIT COURt ~
af Fort Pierce , Florida RECOR~ yFp.c-~Eb~~
Checked By - ~ r 4~s PH ~T3
~45~51--
`g,~r ~D9 ~~0~ - ,
- - _
~~~-~a~n ~4.,r_ „ - ~ ~
4 t.. ~