HomeMy WebLinkAbout1880 ~ 7. To p!~cr s~+d conr~r,.,a~s.~ irep on en~ b~+~ d~~+gs r+ow ot he~eaR~r sitwte on s.~id ~+nd and on ali equ~pnrm ~nd penonatly co+er~d by th~s ma!g-
ge, w~b al! pc*:~v-ns ri?e+eoo i~d l~:~, i.rc :rts.,~ .n the ~suai ~ea.~~.d po'Ky fo~m. in a sum aN~uo~ed b~ the MOR~GAGfE. enJ w~nds~orm
:nsuranc~ ~n rhe vsw~ s•~++d.~-d Fo:.cY 4orm, :n a wm ~ppro.ed by d+t l1hORTGAGEE, u+ such canp~ny or compsn~es a~ the M021GAGEE may
direq: and aN fae and vr:~+~dsror*n .nsw+~+cs Fo;.c~es on a~+Y oi sa`d buiid•~L any in~e~ei~ ~ho~e~n or part tF~reo}, in the aggregaie sum atoreia~d w
in u~ess thereo{, si~U cw,ra~n ~?k „s+~a; str•.iard mo~rgegef uwse a wch o~ha clsuss as 1M Mo~~gagee may requ~re, maku,p the io~s ~nder se~J po~i- -
cKS, ~h and e.rry, pa,aS:e q~i.d ~1I?JRiGAGEE ati ~n ,n~errat r+~ay +ppear, and e~ch and every wch pot~cy shetl ?x promVtiy a~sg~~cd and dei~ver~d ~o
•ny held by sad MOR::aAGfE ~s fu-±htr src~nh ro sa:d mo»g~~e drbt, and, not teu tMn ten (10) days in adva~~ce of ~he expi~aron of each ~,lity, to dr
I;ver fo said 1l~ORTGAGfE a+enena+ thereof, wgerhr~ v?~eb • ~ece~pt Fw tne prar+wm of such renewal; and ~here shall be no i~rr or w~ndsronn intwance
p1~d on arqr of sad bw'd.~ga, a~y eere~es: tlxresn or pa~~~thereof, unleu in +ht forrtc and with the Ioss payable as aforo~aid; and in the eve~t any wm
of nwney beca.+es pa~+b~e w+dc+ wc~+ pof+cr or Po::c+es s+~d N?Qi2TGAGEE shall have rhe opt~a+ to rece~ve and apply the sa~ne o~ acco~~~~ ol ?he i~klebted•
ntss sKu~ed he+eby o~ b perm:t sad lNORI:aAG0+~5 ~o tKt~vt and use it Or any pa~l thereof (cr ot~~~r puiyosrs, w~~iw~t tli:~e u/ ~a,,~+~.y cr u~:pair-
~ng ~ny eq~,ry, :.en or r.qhr unde. u by ~.ts~.s of tha mo:rgage; and ~n ~he evem aa~d MORTGAGORS sha!1 fw any roason feil to keep ~he sa~d prem~s» so ,
~nswed, p fa~l b de3wt~ p~or~pt:r y+y ot s.ud polt~es ol ~nswa~ce b sa+d MORTG~G£f, a: fai! arcmp+ly to pay fu~ly any premw.n thercfor or in any !
resp~c~ fa;l q pe+!o.~ d:s;?+ar~e, eaec~*e, effr_t, comp~ete, ca.npty wi~h and ab+de by this cove~aN, a ~ny pert hereof, said MORTGAGEE may place and
pa~ fw s.,d~ :r:sur.nce « ar~r pa.r :nrreoi ~.~ef+~ur wanu+g or affecr3n9 any option, iier+, equiry, o~ righ~ under w by v~rrue of ~his Mortqage, and the •
f;;!I amo~~t of tacl+ a~+d e.e~Y s~cA parme*~t sh+~~ ~x e"^"~!'a'atY ~~'d O+y+bl~ snd shall bear interes~ from tha date thareof until paid at the rate of
~~-x per cn+~~~+ pe~ an~.:T a~d t~3etPx- w~~i+ av:h :nrrrr~t sFut~ :x sr:wed by the lien of th~f mwtgage.
1. To permiT, com.mo or s.,ffer no waa?e, :mpaument or dctu~o~at~cn of sa~d property w ~ny pan thereof.
5. To pa~ a?I snd s.ng~-ar ti~ cas~s, chuges u+d eiprnses. ~nclud+^9 a reasonable anorneyb fce and costs of abstiacts of title, incurrrd or paid at
j•,y ~;m~ by sa,d lY?GRi~,/~C,~E, pecavse er ,n si+e e.r.+t of ~he fa.iu~e on ~he pa~t of ~he sa~d MORTGAGOR to duly, prwnptly and fully par(orm, d~scharge.
e,x~te, efiee~, comp:esr, m*ep~r w.lh a~d ab.dr by each and every rhe ar~puiat~ons, agreementf, cond~tio~es, snd covenams o~ aaid p~an~sso.y note ar.d th~s
~„oregage anr w e:~her, a-~d sa d cos*s, chasges a~sd cipenses, each and every, shall be immed~atety due and payable; whefher w not fhe~e be nor~ce da
mand, attempt fo co +ect a w:r pecx3J+9; and rhe Fult arrqunt oF each and ercry su:h paymem shall bea~ interest from Ihe date lhereot umil pa~d ai ~he
~.•~e o~ r..~e pe~ cen:~m ~zr an:=..-n; snC a.t u~d cos~s, chugrs and ea;xnses inc~~red or pa~d, ~oge~t~er wtth such imerest, shall be secured by the lien oi th:s
mw~4+9~• -
6_ That in the event of xey crexfi of th:a Mortgag~ o~ default on the part of the MORiGAGOR, o~ (b) in the event eny of sald sums of money
l~ere:n re3r:ed ro be rws p.~+-~p~~~r a+~d fu:~y pa.d y.~*h~n th.rty (3~i da~s next atter the same severally become due and payable, without demand or not~ce,
or in rhe erent eacl+ ae+d every ihe s:~pa;.arwns„ agretments, cor.d~t~ona and covenants of sa.d promisw~y r.ote and th~s mo~tgage any or either are nol
iu;Y, prornptly and fu:~~ perforrneel, d-x}w~d, eaecuied, effeded, comp:eted, comp~~ed with a~d ab~drd 5y, then in e~ther or any such eveM ~he sa.d ag
~*eyare su~n ~*~enf,~ned :r+ s+~d ~ar..ssor~ :wre tnrn rema~n:.~g unpa~d, w~th interrs~ acvued, and a11 moneys secured hereby, shall become due and pay-
eo e fortfiw~tF~ w thn~ahcs, at :he optwn af sa.d l111aRTGAGEE, as fuUy and completely aa if a11 of the said sums of money ~n•ere o+ginaily snpulated
fo b~ p,~,d p~ wc}~ day_ My~h,r+g ;n sa.d prerrs.ssory nore or in thu Mortgage ro the con~rary notwirhs?and~ng; and thereupo~ or thereafter at the opt:on of
sn,d N10itTGAGEE, v?u~.o~t rwr~ce o~ de~m~r_d. ~++~t at uw or in equ~ty, there:o~e p thereafter begun, may be prosecuted as if all moneys secured hereby
nsd marwed p?.or ro .ts .rut.svt.on.
7_ T2+at in s}K e~rr*+t tt~at at si~e begirb~~~+g of or at any time pe~d~ng any su~t upon this Mortgage, w to foreclose i1, or to reform it, or to enforce ~
pa~~m o4 a*~r ~?a..•,s Z•c,~~••dtr, sa;d JNJitiGAGfE shall appty to the Court having jur~sd~c~ion ihereof (w the appomtmem of a Receiver, s~ch Courf shail ~
fa:ri+with appn:nt a recc+~er ot s.i,d mortgaged proprrt/ ai1 and singvlu, includ•:g ai1 and s~ng~lar the inco~ne, prof~ts, issues and revenues irom whelever S
s,;,,rce de*ived, each a.od rvery of w~i:h, n be.r~g e~pressiy undera:ood, is Fcreby mertgagcd as if sp^ufically ut fath aod desvibed in th! granting and i
haberaum ci:.~ses hrrrof, ar.d s„ch Recerrer sha~~ h++e afl tF+e b~oad and effecuve funct:cns and po~xers in anywise, ~ntrusted by a Court to a Receiver, and
s_ch apq~o:n~r.ser.e shaii ~e ~-.a~e by s+xh Cowt ss a~ ad~irted eQ.:ity and a ma~ter of absolute r~gM ro said MORTGAGEE, and winc~ut relerence to the
edeq~sqr w in~de~..at/ 04 t~_e ra.~~e of tt~e Fr,Ge~,ty mortgaged w to the w.re~cy or ~nsotvency of said MORiGAGOR or ihe defendants, ar.d that such 3
re~n, prof;ts, ir+corrx, ns:xs and te.cr•c.rs sha~s be arp.~ed b~ such Re:e~ve+ accord~~ig to the {ien ot equity of said MORTGAGEE and the p~actice of suth
Gourt.
8. To du~y, uor*+p=:y and f~:ty per.`orm. d'nct+arcy_, e=ecvte, effect, <omp~ete, comply wi?h and abide 6y each and every the stipuiations, agreernents, ~
;c-d;t~oru x+d co.enar+» a, sa~d peorrasory nare and sn:s mors9age ser forth.
9. That in tne e,~e~t rh~ o~w~+en4rp of tne mutgaged prem+ses, w any pari thereof, becomes vested in a person other than the MORTGAGOR, the
ti•~RTGAGEE, irs s.xcRssors a~ ju 3^s. .=~sy. ..~'~out ne*~ce ta fhe h~ORTGAQR, deai with such s~ccessw w successor in interest with re{erence to this
o•~gage ~~d ~1,e de-3: he+ecy setu-ed :n f~1C SdJ'SC Tdf~fSef as w~rh Mortgago+ wrthout in any way vir~ating or d~scharg~ng the MorTgagori Iiability her~
:,-~er or ~pon ~+e d-or t~eb~ sec=v.ed- ?~1o sa.e af trte Frem~ses hereby mor~gaged ~nd no forbearance on the part of fhe MORTGAGEE a its successo~s
cr ass:g~ ard no ear«ns:on of rfie ^:r~e fv ti.z par.rent of the drbt hereby secur~d given by the MORTGAGEE or its succe;sots or ass6gns, shall operate
ro retase, d,scharge, r..cd.f~ ~sa ge or affeeT the w:g.nal I~ao•'~:ry of the MORTGAGOR here~n, eithe~ in whole or in par1.
tp. It is spet 4.~i~:~ ag~eed ~~.at ~:me ~s of the csse-~ce of ih~s co~tract and thai no waiver of any obl~gat~on hereunder or of the obligation se-
:,;red he*eb~ sta'. at an~ t:--.e ~lwea"e+ oe he:d to be a wm.er ot the terms hereof w of 1Fx instr~ment secured herby.
11. ;n aod -c.- •o » i~:=__: -c-•^'; ;-arTenrs of p-„c pa! d++~ ~~*rresr requ~red by the prom ssory no!e secured hereb~/, mo:rge~or covenants
_ ~ ag*~s :o pa~ *e +~~:."y^~ye4 w.c!s oaci -x-h y'.a~~ ~ent an acid,na~ai sum esi~mated by mo!tgagee to be eqval to 1; 12 of the annual cost oi the follow-
i y
A-~.fi real fxoper*~ :a.rs ~e.~e~ w afsess>_d ag~i^sr th.~ above desuihed real estate.
~B-Frr--.:rr~s a~ '~=z a-d .~..^dsr:r~- :rs:Yacce as ise:e~n raGu:red to be wn;rd o~ the imp.oveme~ts sitvate on the above described premises.
=-Frf-r~.:;rns s.+cf+ :-ur3~ g-a~a-r~ ~r;~•a~ce as mo~rgagee shail frcm t.me to tir~e deem fit to carry on the loan secured hereby. -
I,I,onga~ s~.'• =•o•- ?o rc-~ft r"::rJy~ge+ ,n ~~~c,ng of the ar••ov~t due a~d payable hereunder and such sum shall thereupen be due and
.,,;tr.:e on r~ d~~e ca•-_ c' ~~.r N.! ~-~c^'~-~ ca jTrtt and each success~ve mo~rh thereafi~r ucri~ mcrtgagee shall notify mort9agor of a change in such
f ~snt. S;;~h s.,~ s s~a r; 5y r..= 'g ~ee ro.`ard tF.e pa~Tent of rea! preperty taxes, insura~zce prem.ums, and mortgage guaranty insurar.ce
~ : •e.ni~:ms.
~ IfJ ?YITNi55 7:1-+`_itEO~, " sad 1N~itTGAv,^•R ~as ~ereu~!o set b~s har,d and seal the day and r first aforesaid.
Signed, Sea: sad ed in the p~ •
~ o ~a~
~ Paul P. Nelll ~~e~~
~ ` - ~ lsea~)
A1md N@i l l r~at)
_"~'.E OF fiOYiDA
~ ~ ;~y~ ~ St. Lucie j ~
~ ~ta~ r„~ ~~:;Y Paul P. Neill a~d
Ai~a ~1e111 his wife, to me we~~ kno«n and known to me to be
t~.e ind:r~duai d-w:bed in and who e~cec;.sed rfie foregoing instrument, end acknowiedsed before me that they executed the same ~w ihe purposes
~ T~.~~ ~ Alma Neill
~ «~re of t'x sa:d Paul P. N@111 upon a xparate and private
~ e.am:rsa:;on by me taiz~ se~arate a~ a-,:zrs from her sa~d husbar+d, acknowledged to and befwe me that she executed said instrumeM freely and votun-
~ >_•:,y ard w:thavt a.~+y com;..::s+o++, c~srra:rt, ag~ehrns:o~, a fear of or from her said husband.
1M1:Th~ESS my i~ard and off:c:ai seal thi~ day of ~ecember A. ~ 19_ 73
:i ~ =
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- ary Pubtic io snd tor tlx Stat F{orid at large ~
~
y Commiuion expires:
~ Reh:rn TO: /~r
~ F~nt FedH~~ sa,.:,,3, a Lo~n as»c;d~:o~ Y-~:-
~ ~~•T F=--> ~ORE~OK~
For~ F.=.r.e. c.:- ::s 0 A ~ ~
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~ ' pO~G CR
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This lnstrument Prepared By J. N. Robetts RE~Z ~ ~ 1 _ ~
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~ First federa! Savings b lc~an Ass~iation 31
~ of Fort Fierce F ~or ida . ~ ~ ~ - ^
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