HomeMy WebLinkAbout1839 To place ar:d iOnhnuJ~Sly keep on tne bu~ .i~~ -~i no.v u~ ho~c.,~t~~ ~;t,,,ir on sa:d 'e:id a~•:d on a!~ ~p~~~~~nr a~,d prrson~;ly co~~r~•d by th;s mo~~g-
e9o. wilh dll pren~~untt ~i~~•~con pa d.n fuii, i~re ,n5•.,r~ ,n tho usua{ a~~~~a.~~d No:,c,r furm, in a Su~ti .iF~rc..rd b/ Ihe h1UR,v:.vEE. .tnJ vv~:~d5tu~m
~nsurance in tha cs~a! s~..nJ,:d po.-cy !wm, ~n a s~~~~ o;.;.iorrJ by ~he MORTGAGEE, in such con:pany or co:npames aa the MURIGAGEE rnay
dueCh and dll fi~e and w:~~deeonn insuran~r po:~:,~i on any o( Sa~d kw~id.ngs, dny inter~sl Ihercin or pa~t Ihrr~pf, i~ Ihe agy~ryate s.~» dfOret~•d O?
in excess thereof, sE~ali ;un~.,~n ~he vsu~i s~a~ cia~d r~~orrlagee c.~.,se u~ s~ch orher cls~ie as tha Mwtyegee may ~rqu.re, ma?~nq the ~ess undr~ ~.+~d po~i-
c~rs, each and every, par,,:,e to sa:d ~.~JRTGAvEE as ~n ,~'~i~res~ ~nay apyrar, e~~d eech and e~ery wch p:.:::r sh~;! be pro~»Nt:y assynrd o+~d da~~:~~.d ~o
any h~Sd 6y sald 1.',ORiGAGtE as furihr. s:cur~ty w s~~•~ n~rsy~~e u~ ur, a,~d, not tess ~han ren ~10? dars in ad~ance of ~F,r exp~ra~~on oi each po:~cy. ~o dr-
t~ver to sa~d .10RTG1GFf a reneY:~~ th~arcof, tv~e+hrr v.ith a r~•cr~,:t tor th_• prr~n~um oi s~ch ~e~~r+.al; a~~d ~here sha~f La no i~ie or ~n~~:dsro•~n ins~~ance
placed on any of sa;d bui!d~ngs, any int~resf th~~e!n or pa~t thereoi, unlrss in the form and wnh the loss pay~Lle as af~resaid; and in ehe eyenf any ~um
of money becornea p.~yabt~~ vndrr s~ch policy or pol,urs s~~d 1.!ORTGAGfF sl.,i1 have tl~r oNt,~n ro retsive and app;y thN same oo accoun~ o( ~hz ind~~ut.•d-
ness secWrd hzreby Or to Ne~md sa~d MORTGAGURS to reer~ve and uS0 it or any ~..~rl the:eo) tur o:n~ i~:ur; osei. :..~:.._.t ~i~ u: .v.:~:. :.r : p~~~-
ing any equ~ty, i:~n or r~ght under or by v~rtue of ~hu mc~cyaya; end ~n the evrnt sa d h10~IGAGORS sh3tl far any ~eason fail to kaep rt~e sa~d prem~s:s so
~nsunzd, or fai! to d_•!~ver pr~mptty any of ia;d poLcies cl ~~+ivran~e ~o sa:d MORTGAGEE, or ia~! p:o~,ptly ~o pay 1u~:y any pr~•~~u;,~n ther,:for or in a~y
re3pect (a~l ro per(orm, d~scherge, exrcuh~, eften, cor~~y!r~r, co^.~pty wi~h and ab~de by this covan~nt, or any part hereof, sa~d h1URTGAG`cE may piace a~o
pa f ior euch insur„nca or any part ~t:~•~eof w~}hout woiv~ng or affec~ing any o;,~~on, lien, eyu~ry, or ngh~ undcr or by v~rtue of this A1o~tgage, and the
f_t1 amou~t of each aixl e~e.y such payrn.en~ shail 6e ur,med~ately due and ~.+ayabte and shall bear inttrrst from the date th~trof unnl p.,id at the rate of
n.ne per centvm per arn~:n ~nd to~•_Eh~r v~ith s~ch intc~_st sh.,i~ be s_c~~ed by the lien o) th~s mO~tgagz.
To pennit, comm~t er sutfer no rn,aste, i~r:pairr:,rr~t or drtei;orai,on of sa~d property w any part thereof.
5. To pay all and singular the costs, charges and eape~~srs, ~nclud~ng a reasonab!e attorney's fee and costs of abstrads oi litte, incurred o~ pa~d at
±~y t~•.:c by sa~d MO~.fGAG`_E, beca~se or in the evere of the f~~'wre on ii~e p~rt of the sa~d MURTGAGOR to duly, pro:np~ly a~td (u~ly perform, d.:cr~a.qe.
.~cu~a, rifrc~, con~p:rfe, co:~~,p!y w~th and ab de by e~ch and r.e.y the se~p„!at:ons, agree~nants, cond~no~~s, and covenanis ef sa~d prom;;sory nae a~:d ~his
„ortgage any or e~ther, and s.~ d costs, <harges a~d eap<ns~~s, each and evrry, shall be immed~strly dve and payab!e; ~nhrther w not the~e be noncr da
mand, atte:r.pt to ca~ect oc wrt pend ~~9; and ~he fvll amount or each a~;d every s~ch pay:nent shafl bea+ interesr from the dare ~hereof uroil pa~d at N:e
~~~c r„~e pr~ crra.,n~ µer .,~,~n, n, e,~~ ~n sa~d c~~is, ch~:yrs and ra:.~~nses ~nc~urd or pa~d, toyctt,~r w~lh su~h ~nierest, shall be srcured by the lien of iha
~~or tg ?y e.
6. That (a? in the event of any 6rrach of tl~~s Pdortg~ge o~ de!.~It on the part of thc MORiGAGOR, or ;b) in the event any of se[d svms of money
herein ref~rrad eo be not p~ompr'y a>,d fuily j.a~J v.i~i.~n th rty ;3U' days ncxt a~~er the same s~verity become due and payable. wifhout demand o~ not~ca,
c~ tQ in tha event each and evar~ the st~Nu~d;~ons, agreeme~as. ton;i,;~o~:s and covenants of sad pro~nisscry no:e and th;s mortgage any or eithe~ ar_ nof
i~~y, promp~ly and f,,;!y perfont~<d, d.sci~orv~d. execur~d, effecerd, co~r~N;er<d, co~n~,:,ed w~th and ab~drd 5y, then in enher or any such evem the sa~d ag-
3~~qate sum menho:~rd ~n sa+d pro:~~~ssory r~~te then rri.a~r~~ng Wli..it(~, WIIFI ir.trr~;t atcrued, and atl inon~ys secured herrby, ahall become due and pa~-
e:,'.e forthw~fh, or ~herrafr.~r, at the op!~on oi s.,;d AtU~_~AGEE, as fu~ly and comp;erety os if ait oF rhe sa~d s~ma o! mcney were ong~na:ly s~~pu;ated
o be p.~.d o~ svch dc„ ~l~yfhing ;n s3 d{,rp:,:~sscry note or ir. th~s tdortgage to the cOntrdry nor.v~thstand„~g; an~i thereupon or tnerzafter at the opt~on of
s,:~ MORTGAGEE, w.rho~t r,o+.ce or de~raa~:d, wn at I„w or ~n CC~J~~~/, ~h~~refore w ~herraitrr begun, n:ay Le prosecu~ed as if all moneys setured hereby
r, ~ mat~reti pr~or to rts inst~n~!~on.
7. 7hrr in rhr e.~~,t rh3r a+ ~he beg~~:~:ng of or at any t~n:e pending any wit upoo this Morfgage, or to forectose it, or to rei,~rm it, or to enforce
; i ament of any t~a~:~,s he~r~;.~d~•r, sa~d t,tORTG:.GEE s` a': .~F p;•/ to the Co~rt havu,y jw~sd.Uton the~eo4 fcr the appo~ntment of a Receiver, such Cowt shad
r. r•hw~~h appo~n! a rece~.er of s~~d rnoityaycd prope.t~ a:~ and sinyular, incluting ai~ and s~nguiar t~e inton:e, p~o(ns, iuues and ~eve~wes irorn whatever
s: ,•ce de~~led, caci~ a~:d every ef wh ch, ~t b_•.~ g exyr,ssiy ur~dersrocd, is he~•_u~ mortgaged as if specifically set forrh and described in the g~anting a~:d
i,:;end~m t!avses hereof, and s~cfi R~ce~ver sha'i ha:r at~ fhr tar~ad and eff~~c!;ve f~nct~ons and powrrs in anywise entrusted by a Co~~t to a Receiver, and
s_:h appcentme.tl shail tx rr.ade by s~th Co~rt as an adnitt~d cqu~t~ a~td a rcatte~ Of absOlv7e nght fo iaid MOR~GAGEE, and wi:h~ut ieferente t0 the
a~_~q~,cy or ~nadequacy uf ~t:e va!~e of the p:operfy mur+gaged or to rnr so vency or ~n:o:~ency of said MORiGAGOR or the defendants, ar.d fhat such
~•:~s, p~of~ts, income, issues an3 re~er.ves sha~l ;,~e app,~ed o~ such Recr~ve~ accor[i:ng to the I~en or equity of sa~d MOR7GAGEE and the practice of such
CUurL
B. To duty, promptty and ful~y perform, d~schargr, e•ea.re, effect, compirte, compl~ w~th and abide by each and every the st~pu~arions, agreemeNS,
c~nditions and covenan~s ~n sn~d prcrn~ssory note an(/ ~h,s n.ars3~3e set forrh.
9. TF.at in the ev~nt rhe owne.ship oF the morrgaged prer,>nes: o~ a,~y ~•art the.eof, 6ecomes vested in a person cther than the 1dORT(',AGOR, the
:'~RTGAGEf, i;s s~ccessurs ar.d ass;•3ns. may, w:~1:ou~ nu+~ce ro ri~e ~'ORTG~OR, d_•a: ~,~sh s~ch successor o~ s~ccessor ln ~nrerese w~+h rete~ence to th~s
n o~rgage and fhe d_bt hereby s~c:;red in the same n~ar r:~r as .ti~+h ;Au•t3,,go~ w~thout in a~/ tvay vit:ating o~ d~scha.g~ng the lltcrrgagrns' liabi~ity her~
~-r;der cr upon th~ d~bt hereb~ se:vrad. No s~'e ot the ~.~e~,.~s^s h._rro{ mo~tgaged and no for~eerance on tne part of the G10RiGAGEE or its successors
asvgni and r.o extei~s~o~ ot the t~m.~ io: the }ay~re^t of tr,~ de~bt hrr~i,y sec~r~d g~ven by the l.SORTGAGEE or its successors or ass:gny, ahaN ope~ate
!o rerease, d:scharge, mod:fy char.qe or atfect the o~~g~+~.:! ;+.,b;:t~ of the N~ORIGAGOR here~n, e~ther in whole o~ in part.
10. !r is spec fical:y ag•eed ihar nn,e is of fF~e esze :e uf th~s contrac~ and that r.o waiver oi any obGganon hereunder or of the obtigauon sr
c~red hereby s!~a ~ ot an~ tir. e thcrca!ter b> f~_:d to be a.•J~~.?r of vF:e terms hereoi Ot of fhe initrument set~red herby.
?1. In ~dd r:c~ •o the fo~ege.n~ ~ro•~r}, ;::a;•, -.,:•s o! c pa: and ~nr~•resr requ~red by fhe p~em:sscry ne•e secured he~eb~, mortga3or eovenanis
~ a3r~~es to ~.~y n. -.,•taagee ~.:rh ,acF, r,-.: •n y,,,, e•,+ an ,_;_i.~,;n3t su•n ~s~.:~ ated bi mo•'yagee to be equal to 1, 14 ot ti~r an:wal cest of ~he follow-
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~ A-:.jt rcai ::rup_•.ty taaas le.-i_:'~ c• asi•:~a_.i o~-:r s• Th:~ d[_DJB ~bSC't~'• ~ r,al es?ate.
8 Fr,:~ ~ cs on f:~-• c,nd r,;.~,dsto :ns~..ra :r ~s iie:c n y~~:red to bc car-~• d ai ih•_• :m;:rowme:~ts s.tvate or~ !h_ above d_>a~'ted presnises.
C-Pr~~r „r~s o:i soch mo: t~: ge gua~anry ~rsv:a..ce~ rs ::;~r~y:~~•~e sna~l 'r~.r r ~~~e To trn~~ deem fit to carry on the loan :ecured hereby.
A1or!gaqe:~ s: i °•c~n ~~~n.~ +c r,:~ e nc•~f~ ~T:c~u:,,g~• ,r. ,~r;t~r;g of the a«,ou~t dve and payable he~eunder and svch wT shail !hereupon be due and
ao!e oo ~h~ :i,,•: c~^ oi •hF e,+ n,o~~ih., . ayr~ ent a~,d ~,c!~ tuccess~ve n,o ~rh tii.~:eaft~r uot~f mortaagee shati no!~fy rnortgeqpr of a ehange in wch
, . ;,~nL $e,th s.,:ns s. ~~;f..;;..~ ~_;y ir,~.i~...; ;~;,,,-~J ~i~E F:ayn~.ant of r~a~ prcpcrty taxe5, insuranCe prem.ums, a•~d morigage g~aranty insura~c0
. -t••r.i~ms.
IN •::ITNE;;S 'i:H_P,~pF, iF,e sa~d "t. ;k:Gr.GvR i~az hereu•~to set h~s P~:,d and s~ai the day ~ year first aforesaid.
S:gned, Seated and detivered in the preser,ce of: ~ C~"~?'G V1L.: ~
' 'II ` (Seal)
i _ ~i _~_=~~4~_-~ Robert n, .Swisher~ ~ . ~~a~~
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i S;:~TE OF FLORlDA ~
r wcic
~ ;UNiY Of ._`~~_i--- ~
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Before me personal;y appeared ROb@rt. SWlSt'1Qt~ Jr. and
~ to me well I~poalA' y~'~~RnpW^ to me to be
F = ir,d~viduai describ_~d in and who eaec~ted ~h~: foregoing instrument, and acknowledged before me that he exeeutad\the~-sSme~fak,slle pvrposes
_ . :
r~...,ein expressed. krtd~ll@-'7aid--------- _ .
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' aom~~hq~-,ae~ts~asey~stcsrd=..~±-+~-^-+~ctatd~~baed-~-~~alged~sa~d~sEa4~+sakatst~aa~~d~d~ iauasma~t
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! ~~eg~~matmas3eqceampumeoe;~orsrrato~~p{~i~aa~?~6?~a~i~W~oi1?~mr~aid~FAOa~t~ . - ~C::. J"~, : :
~ WITNESS my hand and offiual seal this_ __.,1~t2._--~_ day of ' Mar f1 • ,A~ 0. Z.9~4_
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' - Notary Public in and for the S T~ ~ bric~ tl~af~e
My Comm.ssion expires: q ~ J `
Rcfc,rn To: HOTARY PUBLIC~ SiATE of FIORIDA at LAPCE
F~rst Federal Sa.i~ gs S loan Auoc~~t:on MY CO'~1:iISS10t~ EXPIRES SEPT. 25. 1975
o, =,,-f F._ Bondea 8~r Arr?eriran Bankers Inwnnce t;o.
Fo-. f:~-:d,
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' This tnstrument Prepared 8y J. Hal Roberts~ JZ. ST.~L•'~~ ~;~~:?i7 fLA. ~
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i First Federai Savings & Loan Association t-•. ; ~;~RT 1~i ~
of Fort Pierce, Florida c: -
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F Checked By ~ ' ~ _ MA~ ~ C~ 30 ~~i ~ ~ ~
` E r~ 224 F'A~E 10 JO . 2~6
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