HomeMy WebLinkAbout2093 J. To placa end cor+Nnvousl~ le~.p on ti~s bu~:d~ngs now u hft2df/N t:twee ai sa~d land and on all eqv~~nent and pcnonotly cove~ed by th~s mo~t9-
~gs, with al~ p.em~ums ~hercon pa•d ~n 1u11, f~re i~iivraace the vswl s~s~da~d yo'ky form, in a aum ayprovcd bv ?he MOR~G~GEE. a~.d w~nJsrwm
~~suraoc~ ~n tM usw{ sundard po:,cy to{~n, in a wm •ppro.~d by th~ M.7RTGAGE~, in ~u~h c«r.pany or tu~~pan~ee as ~he MORTGAGEE may
d~rect; and atl fir~ and windito~m inw~ance poliurt a~ aoy oi sa~d bu~~d~ngs, any irte~~st ther~in w Fa~t thereot, ~n ~F~e agg~egue sv~n ataesa~d w
in ~xceu ~hcreo(, shail cur.vin the vsual standard mor~ga9re c~suse w such ahe~ clause es ~t~e Ma~yaqse may ~cqu•rs, mak~ng ~he ~oss ~ndr~ s.+~d poli-
c~es. exh and ev~Y. payacia ro sa~d /~lQR1GA.rifE u~rs intrrrit rnay ap+xar, and cacA and eve~y such pa:~cy shall be pra~.;~dy a;s gncd a~~d de~~~er.~d ~o
any held by sald MuRTGAGFE as (urtha~ security to ssid matyagr dzb~, and. not ka than ten (10) days ~n ad~anca oi tha eapirotion of each poGCy, ro~r-
Gve~ /o said MORiGAGE£ a renewat the~aof, to~eil~e+ wi~h a rece:p~ fa the pre.n~um ot svch ro:cewai; and ~he.e shall tr no t~re c.r :.~nduo.~o ~nsurance
p~xsd on •ny o) said buitd:ngs, any intr.es~ thcrem a pa~t thereuf, untess ~n ihe io~m and w~th the loss payabie as aforesa~d; .no in ~he rvent a•.y s~sn
of a.onty pecornes payabie undcr such pelity w poGcies said MORTGAGfE ah~ll have ~he o~t~o~ ~o ~ec.:ive a~xi app!y ttx sa~ne on +ccou~+t o( rhe i„drb~ed•
ness secur2d hereby or to pt:mif sa:d MORIGAGOitS to retr;ve and vu it w any part thcfcof for c:nrr Hur;:os~s. .•.~~!~~.,.:t ~h,r.u: Y..:,...,~ or ~:~.;~,;r-
ing ~ny equ~ty, lien o~ right v~der or by virtue of ~his mo:tyage; and ~n the eveot sa~d MORTG/~GORS shell fa any raason fail to krep ~he sa~d prem~sas to
~nsurcd, o~ fail to deliver p~omptly any of said pof:~ies of inw~anct lo sa~d MORiGAGEE, w fad p~omptty to p.+y fu~ly any Are~m~m thrrrfo: or in a~y
~espttt fail fo perfarr~, d~scharge, execute, effect, com;~lete, comply wirh a~~d abide by this cove~ant, or e~y ?art hrreuf, sa~d MORTvAGEE n~ay piace a~d
pay fw svch insur.uu+ w any part tt,e~eof w~~hout waiving w af(ecti~g ony optan, I~en, equ:ty, or right u.+de~ a 6y v~rrue af rhts Mo.rgage, and the
full a~nauN of tath and everY se;ch paymenl ~hr~~ be ~~nnxdiately due and peyabte and sha~l lxar imerest trpr, the date thereoi unril poid at the raie o~
~~~~x pr~ tentwn pe? annum end W~rthrr vc~th such interest shail tx s.rc~red by the (ien oi th~s mart~age.
4. To permit, commit o~ suifer no was~e, impairment w de:er~o~ation of said proper~y a any part tF?ereof.
5. To pay all and singular the c.n~s, charges and e:pensrs, ~~tud~ng a reasonable attwney i fee and cosrs oE absrracts of t~Ne, ~ncu~red a paid at
any time by safd MORIGAGLS, because or in the rvent of ~he fa~lv~e c+n ~hs parr of ~he said M~RTGAGOR ro duly, prompfly snd fully pe~iam, d~xharge,
execurr, e}fec1, complete, canplp w+th and ab:de by each and every tho st~pu~anons, ag~eemen~s, conditions, and covena~ts of sa~d prom~saory note a~~d rh~s
morrgage any_ w e~~her, and sa~d cosK, cAerges and e:penses, each and evcry, sha11 be immed~itely due and payabEe; whether w not ~nere be r.ot~ce de
mand, atrerr.pf ro cotlect w suit pend~ng; a~d ~he fu~! amw,nt oF each and every svch peyme~t sFwli bear inre~esf from ~he da~e the~eof unril pa~d a~ the
rare Jf nip! ~+er centum par anu~m; and all sa3d cosrs, charqes snd e~FYnses ~ncur~ed er pa~d, together w.~h such interesb sha~l br secu~ed by the I~en of th,s
martgagr. .
6_ That (s) in Ihe event of any breach cf this Mortgage or default on tFr part of fhe MORiGAGpR, or (b) i~ ti~e event any of sa~d sums of money
herein refer~ed to be no~ promptly and fully paid wi:hin th~rty (30) days next after the sarne severa!ly becane d•.x end payabte, without demand o~ not~ce,
or (c) ;n thr event eacb and eve~y the st;puia»ons, ngreements, cond~t~ons arxl co.eoa~~s of sa.d pro~niswr~ nofe and th:s :nortgage any or e~~l++~~ w~e r.^t ;
iuly, promptly and f~tly perfwmed, d.xharged, execuTed, eftected, compleeed, compl~ed with and ab~dr~ 5y. ~hrn ~n e~~her w any such event ~he sa:d ag-
gr~ate sum mentioned in said promiasoty note then rcmain;ng unpa~d, with in!eresr acuued, and a~l moneys secured hereby, shatl become due aod pay-
aCSe fwthwith, or thcreafter, a~ the opt~on of said MORiGAGEE, as fully and comptetely as if all of fhe said sums of money were aigena:ty s~•pulated
to be pa:d on such day, anything i~ sa:d p~an~sso~y no~e or in th:s Mor~gage to the convarr ~otwiihstandi~; and thereucwn or the~eahei at rhe opt~on of
satd MORiGAGEE, w~rhout nor~ce or demand, suit at faw or io equ~ty, therefore w thereaher begun, may be p~oxcwed as if ail mo~+eya secured hereby
nad mawred pnw to its instit~tion.
7. That in the event that at the beginn~ng of or at any t~me pe~ding any suit upon. this Nbrtqage, or to fo~eclose it, or to reForm ie, or to enforce
payment of any daims ht~er.nder, said MORTGAC-FE shall apply to the Cwrt havjng jwisdicfion tlieraol~ipr the appo~nt~nent of a Rece:ver. such Covrt shall
for!hwith appoint a receive~ o( said mortgaged property all and sirgufar, inctud~rg a11 and s~ngula+ the inco+ne, prof~ts, iasues ar.d revenues from wh,tzver
s:•.::ce derived, each and tvery of wh~ch, it being expressty understood, is hereby mortgaged as if spet~fically set fa~h and desu+bed i~ the gran~ir~g and
habendum c:auses herrof, and svch Recei~er shall have all the brwd and effece~ve funct~ons a~d powers i~ anyw~se entrusted 4y a Court to a Receiver, and
s_ch appoin:ment shall be made by such Ccurt as an admitted equity and a rt+atter of absowte ngh~ to said MORTGAGfE, and wirhout rel.rence to the
adeqvacy ot i~adequacy o! the value of the property mwega9ed or to rhr so~ve~ty w in;olvency of sa~d MORTGAGOR or the defzrulants, a^d that svch
r-~~~s, profits, income, issucs and revenues shali be appiied by such Rccriver accord~ng :o the tien or equity of said MORTGAGEE and the pract~ce of such
Coutf. ~
8. To duty, promptly and fully perform, d~scha~ge, execute, effecr, complete, cw:iply wit?~ and abide by each and eve~y the st~pu:ations, agree~nents,
cond~Ywru and covenanes ~n sa~d promfasory note and th;s mo.tgage set farh. {
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9. That in the eve~t the ownership of the mor+gageai premises, or any part thereof, becomes vested in a perso~ other than the MORTGAGOR the
:'.ORTGAGEE, in successors and assigns, may, w~rhovr norice to rhe MORTGAOR, dea! w;rh such succeuw a successor ~r. ;nterest wi~h refere~ce to thia
mortgige and the t+ebt hereby secured in tht same man~r as with rAortgag~ without in any way v;tiating pr d~xhargirg the Mortgagors' liability herr
ur:der or upon the debt hereby secured. No sale of fhe premises hereby mortgaged and no (orbeara~.ce on the part of the MOR::,AGEE or its successws
o~ as:~gns and no extens:on of rhe r~me fc- rne payment of the deb~ hareby secured g~ven by the ktORTGAGEE or ;ts successws w au;gns, shall operate
ro rekase, d:uharge, modify change w af3ect the w~girwl I~au~l~ty of the NARTGAGOR herein, either in whole or in pa~t.
10. It is speuficatly ag.eed that time ia of th.e esxnce of tnis contrau and that no waiver oi any obtigat~on hereunder w of the obligation sN
c~re~l hrreby a!w!! at any tirr.e thereafter be 1m:d to br a weiver of the terms hereof p of the instrument sgtu~ed herby.
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' 11. In aod:t~oh to the fo~ego+x~ monthly paymsnts of pri~c pal and ~nrerest requ~red by the prom~ssory nore secured hereby, mortgagor covenants
~ ~.~.d agrees to pay ro mo:tgagee with each monfhiy payr:,ent an add,rional sum e~•~:»ared by mortgager to 6e equat to 1!12 of the annual cost of the ~oliow-
~ :ng:
I A-All real prope.ay taxes ;ev~e.^'. or ass>ss~d agai~st thc a~ove dexribcd real estate.
` B-Pren:~ums on F:re and .v~r.dstorm ~nsurar.ca as here~n requ'red to be ca:r~~~d on the :mproveme~ts s~t~ate on the above d_sc~~bed premises.
~ C-Prem~ums on scch mortg~e g~aranty ir.svrar,ce as mortgagee shatl }rem r me to time deem fit eo carry on the loan secured hereby.
ASortgagee sha:l frcm rinw ro r~me notify mwrgagor in writ~ng of tt~ ar.,oant due and payable hereundr and s~th surn sh~ll thereUpon be due and
G ; aYable on thr d~e da~e of ~ti> ne.t mo~th:y payment and each successiv~ month thereafter ur.til mutgagee sha11 not~fy mortgagor of a change in su:n
~ a,ount. Sucb sums sFa'1 be app`itd by mortgagee toward the payrt,ent of raal prcperty taxes, inswance prem:ums, a+id ~:oe!yage 3uaranty insurance
'~I ;~•e~*+ivrtN.
IN WITNE$$ WHER~OF, the said MORTGAGOR has hereunto xt his hanJ and seal she day and ye first a(oresaid.
, Sgned. Sealed a.~d deliv in t~ presence of: ~i ~
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L{ ~
~~G (Sea!)
_ --C-~-h~arles fi.,~erube ~~aq
i - ' ~'~l \ G~ 4 C i S_~ ~ iSeaq
.o
f ` r''~ay B•--T
e ts~an
~
~ S~ATE F fIORIDA
( St Lucie ~
~ cour~n oF • 1
~ Before me personally appeared Charles BP.Ytlbe and
E _ ~Y g• Bexube his wife, to me well known and known to me to be
f the indiv:duafs described in and who executed the foreqoing instrumertt, and acknow:edyed bofae me fhat they executed the same for the purposea
~ rhere;n expressed. Md fhc said ~N B. Berube
f N+fe of the sa~d Charles BQZllbe upon s separate and private
~ ~xamitiation by me taken xparate and apart from her said husband, acicnowlfdged to and before me that ahe exer~ted said instrument f~eeSy and voiun-
! ~-:ly and withuut any ca-npu;sion, cor.s•r.int, apprehe~7r3s~prs, w fear of or fr;~e her•said husband. / .
j WtTNfSS my hand and offic~al seal thii day of ~ 1~ March r H. 319 73
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i otary Pvblic in a f ^fie wte Fbrida af ~ae~a
' My Commiuion expir 'J : ti
~
~ Retum Tc h+ (
t/ : ,~'h ~ ~j•,,~ / J
' First Federal Savings S Loan Assoc,at:on N` ~ ,
j . Of Fo.t Perce. ,
i F ' ~ ~
Fort P~~•rce. fierid3 ' ~+~r.,'
fn~n,e4;. ~~cohoEO ~ . •
` ST. lU::IE :~UMTY FLA.
~ RO`: 'v": . RAS
~ CIE~i ~
; This Instrument Prepared By .J. H. RobeYts, Ji. RF!'C-.~ ,,c. ~~URT .
~ First Federal Savi~gs 8~ Loan Association - ' -
' of Fort Pierce ~ Flolcida
~ y'~ ~ ~ 2z Ph 'T3
CF~ecked By
I BOQK ~~1 PACf 209~ 249~3
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