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HomeMy WebLinkAbout2742 Zar a To p~ace a~~d conrnvotis!y 1.eep un tlx L~~+.J,~~9s now a I~er~afta~ ~~~uate on sa~d Iertd af+d on ati eq~+p~nen~ and penon~!ly co~r~ed by thi~ mortQ- ag~. w~~h all F~ca~wrnf ~he~~on E.ad ~n fu;l, hre ~~,~L~a~~ce m+he ~s~a~ swrdar~l pol~cy lo~m, in a s~m aHpro:ed b~ fhe »10R~GAGEE. end w~~~dsrorm insvrance in ~ha ~wat ~~a:~d,.d ~w'.<y +o~~n. i w~n sHpr~„ed Oy rhe ~AORIGAGEE, +n ~uch caupa~y or cc+npan~ef as ~he hlORiGAGEE may diteth and all f~re end t:~iiswrm ~nsura~te po~~c~ai w~ any of sa~d b~~~c~ngs, +ny ~n~^~est the~tin w par? thrreof, ir. ~he a.~gr~gete sum afassa~d ot in eatess ~hr~co(, it.ali :o~~~a~n the ~s~~l s:a•nlord morrysgee ciause a svch o~`ry da~se is ~he Mor~yayea msy teyu,re, n~akinfl ~i~r !ws unda sa~d pcdF des, each ar~ every, pa~a~'e sa:d '.~JRiGAGEE as ~~s ~rorrr~t may appcar, an.i each end e.e~y aucl~ pa~.cy aF•o? br promYtiy assgnrd and de~+vered ?o my Aeld by sa~d 1v10RfvAGiE as iur~he~ s--c~r~ty w na~d ~~~ur~y.,gr deb~, a~~d, noi ~ess ~han tr~ (IQ) d~~s in ad~a~~~e of ~l~e ezp~raNo~ ol e.ch po4cy, to da I~ve~ ~o ~~d MORfGAGFE a rrr=ew~~ thercwf, toge:Fer w~~h a ~cce~pt fw Iha prv~nwm ol s~th renraval; a~~d thtrc s~~ail Ix ~w f.re or w.~~os~wm ins~+rance _ pl~ced on any of sa=d b~~:d~nga, .ny iro<reat there~n a pa~~ ~~=creof, un~tas in ihe fcnn a~~d r.~+h ~h~ ~asa paya~te :s aiweiaid; and ~n the ~~ent any wm of money beco~»rs payob:e ~l-der s~ch Ho~:cY a P~}~ucs s~~d 11!~RiGAGEE a1~al{ have ~he oHS:vn to rrc.•~:r ~nd appey tl~e se~ne on account of the 111(JLC:id' nesa secureJ hercby a ro pr~nut si~d t:OA1GAGt7RS ro reco~ve and use i~ a a~~y ~,.~.t rL~~:~•of ~or os~:_~r ~.ur. .;i.•s. ~~.:t 'h u. '••,P"'•- ing any eqv~t~, I~en or r.ghf under w hy v~rtue of th.a mc: rya9c; and in the evem sa:d MO~IG.iGURS sha11 for ,~ny re ~son tail Io keep ~he sa~d premisat so insured, o~ fail ~o dtl~ver pranprly any of sa~d ~aIK?ea of ~nawa~ce to aa d N.ORIGAGEE, or fo~? ~uen,NUy ~o ~ry !..l.y any ~,r~~•~wm the~eto~ or ~n a~y reapect Eail t0 paKFpm, d~schsry~, ea ~uir, eStect, cwuptate, co~r.ply wirh and ab~de by th~s covenant, w any {w+t h.;reof, a~~d MuRTGAGEt nmy ptace a~w pay fw such irtsvr~nce c.r any parl their~f w~~ha:t wanu~g w alfcctirsg any upt~on, lien, taiudy, o• r~yhr undr~ w by vutue of ihis Ator?gage, and +f+! futl amouot of cach a~~d e~ rrY svch paym~nt shat: ~r ~m.ned~atrly due and paysl,Ic ar~c1 shali brar intarest lrom the datn tF.c~~wF u~~nl pwd at the rate o1 nine per cent~m per an•~v:•~ ond to~rsn.Ji v.ufi such ~n~e:~•sr sh~i~ be s~•<~red by ~he Gen ol th~s mortgaga_ 4. To ~xrmit, tommit ot suffer no weite, impairmrnt or deterioratioo o) said propcrty o? sny part :hereof. 5. To pay sll rr~ s:ng~~u the cos!s, chargrs and expenaes, inc~udu.g a rea;o+~ab!e attorney's fee and costs oF abstratts of tir'e, incurred or paid at any time by said /lOl!GA~:C, txu~ae oi ~r. ~he ev.n~ uf :I~e fa~l~re on ~he Gar~ af tF.c __[a .`.`.ORTGAGOR ro duiy, pro~npNv and fu~ly per(wm, d~uharge, ~xecvte, effed, canple~e, cu~~~p!y wnh and ab de by ench and every ehe stipvianuns, agrer~nents, cond~t~au, and covenann o3 so~d pran~ssory note and ~his matgage a~y or e~ther, and sa d costs, chargea ard eaFcnses. each snd every, shall be imrr~ediately due and payab e; whe~her or not the~e be not~ce de mand, atte~npt tp coliect a suft pend.n9; end ihe 1ui1 a~~wunt of each and every svch pay~ncnt shilf baar interest ftom the date the~eof until paid at the rate of ~ n~ per crn:~•+, ?',~~r ~~_.,,:n; e~u: sa~d :os~s. :ha.9es and rxunses incurred or Ha~d, togc~hrr w.Ih such :~u~~est, shail be secu~rd by tl:e I~rn of th~s mortgage. 6. lhe~ (a) in !hr evem of any b~rach of tfiis l.twtgage or defa~tl on the pert of the A10RTGAGCR, o.• ;b? ~n the evrnt any of sa:d sw~+s of mo~ey herein referred to be r,o+ prwnF•T:Y av~d fuily pa+d w~ti~~n tH:~ry t30) de/s nc~r eit_•~ thr ss~~~e se+cra::y t,rco~~r dve and payab?e, w~tl~o~i demazid o~ notite. or in thr evcnt each acd eYrry ;he sty..,tanons, :-~:eemrnts. co~x!;:io~:s and covenants o! sa.d paonuuory not~ and t6.s mougage any w euher are not ~uly, promptly ancl fu3i~ per:onT~.:d, u xharyed, e?rcvt~d, eifcued. co:np:r:ed, comp;~ed w~th and ab•dad 5y. ~hen e:~hzr or any ~uch event the sa~d ag ~regate sum rr~n~roned in sa~d CrOr.uaaoty nete thrn remr.«i,tig unpa~d, wilh intorrN acuued, and e!! ~noneys secured he•eby, shall betomt dve.and pay- abte fort}~w~th, cr therratter, at tb<- opt~o~ of sa~d h10RiGAGEE, as tu!ly a~d complrtely as ii ai! of thr a.~:d s~~ns oF money were a~ginally snpuiated to be pa.d on such day, ar.ything in sa d pro n,ssory note w in this Mwtgaye ~o ~he con~•ary nO:vvithatanding; a~~d thereupon or thercafter at the opuon of said MORiGAGEE: wit;wut nonte or drmand, au~t at law ot in eqwty, tnerelote o~ tl~eroatier beg~n, may be p~osecuted as if alt moneys secured htreby ned milurCf~ ~rW f0 ~tl inst~tut.Ot). ~ 7. That in the e~ent fh~f at the teylr,n~ng of w at any t~me prnd~++g any su~t upan tF.,: Mortg3ge, w to foreclose it, w w reform it, w to enfo.ce payment of any c1a:.ns t~e~eur.drr, sa~d IJ;ORTGAG~'c shatl app!y to tFr_ Courl heving ~ur.~d UiGr. thetcOf ~or fhe appo~ntment of a Receiver, such Court shall fwthwith a~po~M a rece~ver of sa~d rrartgayet! propert~ aL' and singu:ar, inc!~d ^y a" a::•.~.::.:- :'•a :.:.,,•~.r, H~~i~~s, i~aues ano revenvea trom whatever :ource der~red. eech and every oF wh:;h, ii br~r~g ewpressiy ~nderssucd, is t.e:e~y m,or+gagcd as ff speahca{ly set fo~th and deur~bed in the g~anting and h>bendvm, clauses hereof, aed sucfi Reteiver shau have alI the br~ad and effect.~e f~nc:,o~~s a~d powcrs in anyw~se eetru~ted by a Court to a Receive4 and :_ch appainimenc :hatl ~ mede by sucfi Court as an ad;nir~cd eywty and a ma~ter of a~sciute r:ght to sa~d MOkTGAGEE, a~d ~rithout refere~ct to tfie edequocy o+ inadrquacr oi thr va~ve of the propr~ty mortgaged or to the sa•vrnty or ~=~soi.<nt~ of sa:d MOATGAGOR o+ tt~e defrndants, aad that such renrs, prof~ts, incom~, issues and revenues shail be app:~~d by such Recri.er ac.u~d~ng to the lirn or equity of !4~f?ATGAGEE and thc practice of such CouR. 8. To do7y, pronpr:y and f~~iy perform, d+s:harge, e,c~:uie, effecr, ccrrWie:e. co-np~y w:rh end ab~de by rach and e~ery the st~pu!arions, agreerr=~ts .ondirio+ta and c:.venann ~n sa,d promfsso: y ncte and tn s n~ortgage srt forth. R. That in the ev~nt the ov.~r.er,h:c: of the mortgaoz~d pre~~~ses, or a:~y part thereof, necomes ves!ed in a pe~son other than tF.e MORTGAGOR, the t.1~RTGAGEf. ifs sccce,scc ~^d _~^gns, r.,ay, v~~rhou~ .~o+~cr to fne :!JRTGHOR, dea~ v.~~~n su:h wccessor or successor mterest w~2h reference to thu mortgage and tht• drb~ her~by scwred in the a~me mannr. as +v~:h :.'.o~tgago~ w~~hovt in a~y way vit:ating W d~scharg~ng the Il.crtgagors liability he?r vr:der ot upon rhe d~•bt h_~sroy srcufed. No saie of tF.e Fre:~~~ses hrrrby mortgayed and iw forbearance on the part of the /AOR1GAGfE w its successors or ass~g~s and no excens~on o~ rhe tirne for ri,e payme~t oF the deb~ he.eb~ sx~red g~~~en by the }S~RTGf~GEE o~ its suctessus or au~gns, aiwll operate to reitase, d:scharge, mod:ty cha~ge o: affECt tt.e orig~na! I~ab~::ty of the N.ORIGAGOR herein, either i~ v~hote or in part. 10. It is apec~f~:ai;~ aareed thai t~~n~ is of the esse~ce of th;s co*1~ract ar~d that no waive~ oi any obfiga~~on hereunder or o( the obligatan se- cured hereby shaii a~ any time ti~ereafter be held F~ bc a wa~rer oi the ~erms hereof ot of thr ir~strvment src~red I~erby. 11. In ,~dd.~:•~~ 'o th:- fOregc •ncntt~fy poy~^.~nlS of p:;:~c pal and i.~srrest rr~~;rcd by rhe p~or*:;sscry nc'e s.^cvred hzreb~, mortgagor eovenants , acd ayrees to ~ey to ~:o'tyr.:3ee ~a.~:h ra.h ~:=o~~'h:y pa~~.ient an add.~~o:~ai s~ es~~~~:d~•.d by n:ortoagee to be equal !0 1, 12 of the annval cost of tbe follow- 'n9: ~i A-A?I r<a! FropeHy taxes ?e:~~-d or asse<_-rd ays+ ~st tn; as~ove desre~;_d r,a~ rs~ate. { B- Fr~:,.•~ :~s c,-+ f:r~- ar.d „~.usto-•~: n•s~~>~ ce as 'r.~•~e~n requ,r^d ta be carr:=d cn thr :~r~:~ovem_ ~ts s~tvate on ih_ above d=scribed prr~.nses. f C-Prr:r.~~~~:~s cn sw_h mort~ ge g~.:aronry ir.svrar.ce as mo~tqayc~ st~a.i frcr t rne to timr dre~n f.t to carry on the toon secured here5y. ~ Norfgag_-e s~~.~:: `•o~* :•:~,e ro r:•-:t r.cnf; r,c•r~a3o• :n wnr;.,~ of thr a-:.o: ~t d,c and payable hereundrr and such su:r, shail thereupon be due and ~ ;avab!e on the d~r d~rF o* !i+=-n•,,.T =.,r.th:~ pa~~nem and e~cfi successive :r,or,th !neieafr~r uct~t mortga~ec =F.~P r.oilly mortgagor of a change in suth a-,ount. Such s~ms sFa.~ ::e ap~•` _J ov +^c.rga~^e tor.ard tiw Ye~n~ent of rra~ pre~rty taxes, ~nsvra~xe prem.ums, and mortgage gua~an?y insurance premwms_ ~ IN ~lITt~ES~ '::N_F,~OF, rne sa+d MORTGAGCR has hcreu~to set his ha::d and seal the da~ and yea ir e d._ ~ Sign~d, Sea!e~ r.d de'+e ~n the presence o: _ ~ ,q ~ ~et tsea~ - ; • ! (Sea4 ' - C~Q1_ _ B@~t ~d t1 i5es0 StATE OF fIORIDA ~ St. Lu~iQ ~ " - CoUNTY oF - - ~ Befo~e me pers~nai~y app~ared ~~y C• ~~h ~ $BZtVr ~'~d11A~1 his wife, to me well knawn and know o be = 4 ~~til!!;~ thr individua:s descr~ti•d in and who eaecuted t}w fo+egoing instrument, and atk~owiedged befwe me tnat ~hey executed tFx samt+''~w th~ pu ~ ~ : rherein expreued. And the said__--_--- ~tty Haugh ~<..r__.__ ~,~wr1'~~~ ++~fe of th. s3id C• Ha h~ ~ ~pon a iePa.a1 s~1d pci8~f'Q% e~am~nat~on by me ~aken sei,arate and apart frwn her ia~d husband, acknov,~edged to and belore me that she executed said ins~tuAit~ ~re~' and vOluA-` tan'ry ard .v~tho~t any co:~pv?s;on, cons~rair.t, r;.prehens.o~, or fear of ot SrS^i said husband. - t 0 _ j - .i~ C . WITiVESS my hand and oi6fc~a1 sral th;s_ _-1~~1--__ c~y of- _ NdtS~3-- - - 8• ~9~ - • 1~~ . ~~r.~ ~Q ~ ' - : pfa,ry P~b!~c in a~d fw ~he State of Fl~ids~a~'ka~p4~, ~t,~ . My Comm,ssion eapi~es: • %r• - Ret~rn To: . • ' ' First Eederal Savin3s 6 toan Associo!~on ~ t r''R ~'UfifiiE (7f 6crt c.-ro i F' . 1. F ii:Jk:s C~~.~',~~~ G . L„ .ari5 .w..~.i_ . fcrt f~~rcc. FE-rid~ ~ I LED t4t. ~EC(~I!OED ' LUCIi :;4UMTM F~~, t This InstruR~~nt Prepared By J• N. Roberts~ •j1• q0~~ -J 'RdS First Federal Sav~ngs 8~ loan Association CLEF:R C;• _~i~ COURT ` _ . of Fort Pierce~ Florida Rf^~~•`: Y'_'; ~~D 4 ? Checked By ~ - . --~K z~1 ~GEz7~o 1'1~ ~ ~ ~ s3 PM ~~3 ~~7V.7 ! ~ 1.s ~ , - - - - - - - - - - - . - . . _ _ _ ~ ~ . r~ ~ _