HomeMy WebLinkAbout2192 3. To place and co~~invously kcep on the tu~:dings now w hereaf~er s~tuate on said ~and and on all eq~ipmanr snd personally covered by this matg
ags, with all premiums thrrcon pa~d in full, (ire insvrance in the usual s~aidard polity form, in a sum approvcd by the MORIGAGEE, and w~~ds~o~m
~nsurance in tM ususl titandard po~+cy lorm, in i~ium approved by the MORTGAGEE, in such company or co~npan:es at ihe MORTGAGEE msy
d~rect; and all fire and w~ndsiorm insura~ce po~~ues on any o( aa~d build~ngs, any interest therein or per~ the~eo~, in the ~ggregaro sum aforrsa~d a
in excest thereof, shall contain the usual sta~~dard matgagee clavse or such other clauss ss the Mortgagee may reqwro, maAin9 ~he loss undr~ ~a~d po~f
c~es, each and every, payab:e ro sa~d MORTGAGEE as ~ts interest may appear, and each and eve~y such poGcy thafl be promp~ly ass gned •nd delive~ed ro
any held by ~aid MORTGAGEE as (urther security ~o ~aid mortgage debt, and, not leu than ten (10) days i~ advance of the eapiration of eath pol~ty, to da ~
I~ver to said MORTGAGEE ~ renewal thereof, ~oge~her wi~h a rece~pt tor the pra~n~um oi such renewal; and there shall be no (~~e or windsto~~n iniurance
plated on any of seid b~ildings, any intere~l therein a part thereof, unless in 1he form and with she loss payable as aforesaid; snd in ihe eve~t any sum
of money becomes payable unde~ such poGcy or po~~cies uid MORTGAGEE shall have ~he op~~cv~ ro rece~ve and apply the aa,ne on account of t/e inde6ted ~
nesl sstu~cd her~by o+ b permit said MORTGAGOR$ fo reteive ar.d use i1 w any pa~l tt~+cof fo~ oJnet purpoars. v.~1iM~t ~h: o/ ~Yar+"~9 ""P"~"
ing any equ~ty, licn o~ rght under or by virtue o~ this mortgage; and in 1he evcnt u~d MORTGAGORS shatl for any reason fail to keep the said p?emisrs so
insured, or fail lo deliver promptly any of said polities of in~urance to sa~d MORTGAGEE, or fail promptly to pay fuily any pre~ni~m theretor or in a~y
r?spect fail ro perfwm, discharge, exetu~e, effect, complete, comply wi~h and +bide by this tovenan?, or any part hereof, sa~d MGRiGAGEE may p~ace and
pay fa such insurence or any part ~he~eof withoul waiving a a(fecti~g any option, lien, equ~ty, or right unde~ w by virtue ot this,Mortgage, and the
full amount o( each and every such payment shall be immediately due and payable and shall bear interesl from tha date thereof until pa~d at the ~ate of .
n~ne per ten!um per annum a~id to~rther wi?h such intereat shalf he secured by the lien of this mwtgage. ~
1. To permil, commit or suffer no waste, impairmeN o~ deterioratio~ of said propcrty or aoy part thereof.
5. To pay aIl and singular the costs, charges and expenxs, includ~ng a reasonable attuney's fee and costs oi abstracts of title, incur.ed w pa~d at
any time by said MORTGAGfE, because or in 1he event of the failure on the part of Ihe said MORTG4GOR to d~ty, promp~ly and futly perfwm, d~xharge.
>xecute, effecl, complete, mmply w~th and ab:de by each and every ~he stipulat~ons, sgreements, conditions, and covenanrs of sa~d p~omissory note and ~his
n,ortgage any a e~~her, and said costs, charges and expenses, each and every, shalt be immediately due and payabfe; whether w ~ot there be notice de
mand, attempt to collect or si,it pend~ng; and the full amount of each and every wch payment shall bear interesi (rom ~he date thereof until paid at the
.,,re of nine per centum per an~~u:n; and all said costs, charges and expenses inturred a paid, together w~th such interest, shall be setured by the lien oi thi~ 1
1
mOatgage.
6. 1}wt (a) in the event oi any breach o( this Mortgage or default on the part of the MORTGAGOR, or (b) in the event any of said sums of money
herein ~eferred to be not promptly end iully paid within th~rty (30) days next atter Ihe same severatly become due and payable, without demand or notite.
or (c) in the event each and every the slipulatior+s, agreements, conditions and covenants of sa:d p~omiswry note and th~s rtwrtgage any w eitMr are not
ivly, promptly a~d fully perlormed, d~uharged, executed, effeUed, completed, complied w+th and abided by, then i~ e~ther a any such event the said ag
~regate wm mtntio~ed in said promisswy nore then remaining ~npaid, with interest accrued, and atI moneys secured hereby, shall become due and psy-
ebie forthwith, a therea(~er, at the option of said MORTGAGEE, as (ully and cample~ely as ii all of ~he sa~d s~ms of money were or~ginally st~pulated }
to be p+~~d oo such day, anything in said p~o~r+~ssory note o~ in this Mwtgage to the comrary notwi~hstandirig; end thereupon w ~hereatter st the oprion of
sa~d MORTGAGEE, without notice o~ demand, suit at law w in equity, therefore w thereafter begun, may be prosecuted as if all moneys secured hereby
h~d maWrtd pnw ~o ~ts institution.
7. ihat in the event that at the beginning of or at any time pe~+ding any suit upon this Mortgage, w to foreclose it, or to reSorm it, or to enforce
payment of any claims hereunder, said MORTGAGEE shall aoply to the Court having jurisd,aion thereoF for the appo~ntment of a Receiver, such Coun shall
Eo~thwith appo~nt a receive? of said mwtgaged property all and singular, includ:ng all and singu~ar the income, p~of~ts, issues a~d revenues irom whatever -
seurce derived, each and e~ery of wh~ch, it being expressly understood, is hereby mortgaged as ~f speufically xt forth and desuibed in the granting a~d
habendum clauses hereof, and suc~h Receiver shall have all ~he broad and effective funct•ons and powers in anywise entrusted by a Court to a Receiver. and
s: ch appointment shall be made by such Court as an ad~nitted eq~ity and a maner of absolute righf to said MORTGAGEE, and without reference to the i
adequaty w~nadequacy of the value of the propeity mortgaged or to the so+vency or insolvency of said MORTGAGOR or the defendants, and that such
rents, profits, income, issues and revenues shall be applied by such Receiver accord~ng to ~he ~ien w equ~ty of said MORTGAGEE and the practice of such
Court. . .
B_ To duly, promptly and fuily perform, d7scharge, execute, effect, comptefe, comply with and abide by each a~d every the stipulations, agrcements,
f
conditions and covenants ~n sa~d promissory note and thia mortgage set fath. ~
9. That in the event the owrtership of the mortgaged premises, o+ any part thereol, becomes vested in a person other fhan the MORTGAGOR, the
:',ORTGAGEE, its successors and assgna, may, without notice to the MORTGAOR, deal with such succeasor or successw in interest with refere~ce to this
rrortgage and the dabt hereby secured in the same manner as with Mo~tgagor wafiout in any way vit~ating or dncharging the Mor?gagors' lia6ility here~
under or upon the debt hereby sccured. No sale of the premises hereby rtwrtgaged artd no fo~bearance on the pan of the MORTGAGEE w its successors
or assigns and no exteRSion of the time ior the payment of the debt hereby sec~red g~~en by the MORTGAGEE or its successws w ass~gns, siall operate
to release, d~scharge, modify change or affect the original liabil~ty of the MORiGAGOR herein, either in whole o? in pan.
10. It is speuficatly agreed that time is oi the essence of this contract and that no waiver of any ob~igation hereunder or of the obligaYwn se-
c~red hereby shall t any time thrreafter be he:d to be a waiver of the terms hercof w of the instrument secured herby.
L~ M . p~y~rs~rtfs-el-pc. . -t1~e- s
:uo: tgage~,~, th ~bo oqral-w-1; -o{-~tl~fottorr-
~ ~ Ula~~-_ • ' ' . . • - ~ ' '
~ A-All real prope.ty tax•:s lev~ed or assessed agaf~st thc above des.ribcd real estate. ~ _
j B-Prem.'rums on i~re and windsrorm insurarce as herein req~~:red to be carried on the ~mprovements zitvate on the above desc.ibe.d premises. ;
{ G-Premwms on svch mortgage guaranty insurar~ce as mo~tgagee shait from t:me to time deem iit to carty on the loan secured hereby. t
~ Moftgagee shail from time to time norif~ mo.tgagor ~n «rit:ng of the a~-:ount due and payable hereundrr and such sum shall thereupon be due and
~ ~ 3yable on the d~e date of the next month:y paymem and each successive month thereafter uctil mortgagee shall notify morigagor of a change in such
( oum. Suc!~ sums shatl f~e appiied by morrgagee roward the payment of rea! property taaes, insurance pr m~ums, and mwtgage guara y insurance
~ p~emiums.
1~1 Y~ITN SS 'NHEREOF, the sa~d MORTGAGOR has hereunto set his har.d and seal the da and y a rst afwe ? O
~ i a e vered in the presence of: ~
Witnesses as to ~ s~aq t
;
~ R. Dextez ~~rR~~~~tOED R. ~ter Warrin A (Seaq
~ WitIIeSSeS S~AUt~i COUNIY FLA. ~ ~s~ai~
Blena S. W~~~~C'M1`CQURT Elena S. Warrin t ts~aq
~ ` REfORO VEP.~FIEO
~ S~AI~O~ FIORIDA l
~ COUNTY OF + r ~ {~11•~T IO ~1 R~,' ~ -
~ Before me perwnally appeared R• ~~]Ctez Warrington ~ z e~~~~
~ .
~ J~i~.~r:i« to me well known and.finown-t4'rfie lb biiCi :
~he indivedus(j described in and who executed the foregoing instrurrKnt, and acknowledged before me that ~h~ executed the same foi th's~ purpose~. y~ =l t
~ - ` " . ' 's,
therein expressed. ood~th~said ;r~ ~ r
~wl~of-ti~~w~i~ .YD4[~~~~CRA~jI.JI~QL~~~ :c
~ .c~aawwatpi?i~rwi~anwew~e{»~teend~artfra~rh~ersaid-iHSbsnd-etknowledyet~to-en~bpfvrrrrre-ffiefihe~.~ceeoted~seid-i~shvmert~.itEed/and~rdent.;`. =
' . O
~ iaw{y-aw~wAMsf-e~~revTp~rFsion.'torfstratrR,~gp?2hl~R~OrT;~}es?ZifOr}t~hPISlPSaI!!'fiIIiSSTt~_ _ ~ ~ o- .
~ Jnne . .>_~'n.,o, i9~~
~ WITNE55 my hand and officiat seal this day of
y~~ ~ /
~ SiATEOF '~>/~it.c~~ h/ - ~t~-1° C`~,,
N~ e=S~? t ~ Notary Pub!ic in and for the State of Florida at large
COUNTY OF ~ '1/(.~ ~ My Comm~ssion expires: (~j,.~l~y i, / y 7~.
/ ~ '
K Be4ore me perscnally appeared ElP~Id S• ~tarzington ,Md
''r ~i~wiip to me well known snd known to me to be
the individusls described in and who executed the fwegoing instrument, and atknowledged befwe me that they executed the same for the purposes
- tne~ein expressed. f And the said El~II~' S• Wa rringtoa "
.v~fe of the said R• ~R'teY wa rrington
upon~a,separ~Ysnd private
;,t~~"~,- exam~nation tiy me taken separate and apart from her said husband, atknowledg o and before me that six executed said~.+t1~F}umbl~fffr 1 and voluo-
rarily and w;thout any compulsion, constroint, apprehension, or fear of w from r id husband.
/
WITNESS my F»nd and official seal this ~'p~ /1 [.l _ day of J~iII ~y~)q 73
~ This instruseat prepared by t;
.JO~IA w. Collins Notary P li in and fw t~5 pte q at. largi~'
~ti3: Y : .lY
F1ZSt Rederal Savings and Loan nn C mintss~or? expires: ~ : ~ N~ V ~ _
~ Re'~`" To: AssoClat3o~1 of Fort Pierce NO~A Y PUdIIC OF WEY(3~S~Y ,
first Federal Savings a Loan Associat~on . . ~
.
My Commissian Expires Fe1~: 2ftitg16 ;
~-;,y Of Fo~t P:ert9. ~ - ~ .
Fort P~erce. Flprida O Rn 215 '~~~~utnn~~~~~+t:•
~ ~ ~ " ~
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~ : . . , . . . r~~-~'n