HomeMy WebLinkAbout1584 9. To place and co~tinuously keep on the bu~id~n9s ~~ow or hereafter •it~a~e on so~d ~and and on ali equipmem and perion~IlY covered by ~hii matp~
ege, with all premium~ thereon pa:d in iull, fire ins~rance m the us~~l siarxlarJ po'~c~ form, in a sum approved by the MOR(GAGEE, and windstam
~ns~r~nc~ In the usual standard po~~cy fam, in a aum spp~ovcd bY ~he MORTGAGEE, in sucA tamP+~Y a~a"Pamei +s ~he MORTGACsEE may
d rect; and all {i~e and w~nds~orm ins~~ance po'~d2s a~ any of sa~d tw~td~~gs, any intereu tl+ercin or part thereof, in ths aggregate sum alatsa~d o~ ,
in exce?s the~eof, st~all contain ~he u~vat sfandard ma~gagee clause or ~uch other cfouse as ~he Maiga9ee m+r requ~re. makin~ the lou u~de~ ~a~d Po~~
c~es, eacb a~ avery, paYab:e to sa~d hIORTGAGEE 5i ~ts in~rrest may appear, a~~d ea:h a~d eve~y avch po6ty ihall be prompHy ais gned and de~ivered ~o
eny held by uid MOit~GAGEE as ivrther seturity lo uid mortgaye debt, and, no~ !ess tl~an ten (10) dayi in advance of the expira~~o~ 01 each poticy, to de-
I~ver to said MORiGAGEE a renewal thereof, Io9e~her with a rcce~pt for the premwm oi such renewal; and there shall be no f~te or w;nd~torm insu~ance
placed a? any of said buifdings, any interest there~n or part ~hareoF, un:~sa ~n ~he form a~ul w~th ~he ~o?s payable as afo~esaid; and in the event any sum
ef money becomes payable under s~ch policy w pa~iuos se:d MORTGAGEE shail ha~a iMs opnon lo receive anc! appty the same on account o) the indebted- _ ~
ness secured hereby o~ ~o permit s~~d MORTGAGORS ~o recei~e and use it w ar~y ;.arr me-eo~ ~o. o~~~~•~ p~iNoars, v.~+no~t ~h_~~~~ ++si.+:~g er ~+n~a~r ;
ing any pquity, lien w~~gF~ unde. or by virtue of this mc: ~gage; and *he even~ sa;d A1~RTGAGORS shall fa any reaso~ fail to keep ~he sa~d premiies so , ;
~nw~ed, or iait to deliver pranpdy any of sa+d pol~cies of insurance to sa~d MORTGAGEE, or iail promptly to pay iully any prem~um there(w o~ in any `
respect fail fo pe~form, d~scha~ge, e:ecute, effect, to~~tplete, comp{y with snd ab~do by th~s covenant, or any part F~reof, se~d MORi~AGEE may p~ate and y
pa; (w such insura~ce or any part thereof without waiving or affecting af~y opt~on, tien, equ~ty, or right under a b~ virtue of this lNortgage, •nd the ~
i~',I amount oi each and e~~erY such payment shal! be immediately d~e and payab:e anJ shal! b,:ar interest from the date the~eof untii paid at the ~a1e of ~
~ per centwn per annuT, and to~..•thrr .vdh such ~ner~rst sn~~~ ne securra uy ~ne ~:en a,~ ~~~~s ~.~~..y.,y.~• •
f
1. To permit, tommil o~ suffer no waste, impairmeM or detei~orot~cn of said property o? any part thereof. ~
S. To pay all and singular the costs, charges and expe~ies, ~ndud~ng a reasonab~e attaney's fee a~d costi of sbst~ads of title, incurred or paid at ~
fi~»r by said MORTGAGFE, because or in ihe event oF the ia!lure on ~he par~ o' ihe so~d AM1ORiGAGOR to duly, promptlY and fully pertorm, d~scharge, c
_~.ute, e~tect, complete, ca.r.ply w~th and ab:de by ea:h and every the stipulauons, agreements, condiHOns, and covenants oi said pranissory note and this ~
,~~~Tgeg~ any o~ e~the~, and ~a~d costa, charges a+~d exF.:nses, each and every, aha~1 tx ~mmed~atriy duO and payable; whelher o~ not there be ~o~ice de
~nd, attempt to coUett or suif pend~ng; and the full amount of each and every such paymeM shall bear interest from the date thereof until paid s1 the
u< n~ne per cantu~n ~c. an~~u:~~; a~~d a~~ ae~d ccsu, clia~gea and exprus_s ~ncu~red or paid, together ~v~th such interest, shall ba setured by the lien of th~s
~.,:,~rgage.
6. That (a) in the event of any b.each o( this Mortgage or default o~ ihe pa~t ef thP 440RTGAGOR, w(b) in the eve~t any o( sa~d sums of money
h.-:ein referred ro be not pro~npily and iully paid .vi+t.in ~h~rry (30) days ne~.~ a~r~, ~he sane seve~a!ly become due and payable, withouf demand or notice,
r;c) in the even~ each ard every ~he s~ipuia~iuns, a9reements, ccxid~'+o~~s a~d covenants of sa.d promissory note and this mwtgsge any or either are not
~;romptly and fuily per(ormetl, d3.~~arged, execured, rife.trd, corr,F•leted, car;.~•ed •r:rth and ab~ded 5y, then in eithe~ w any such eve~t the sa~d ag
~e~a!e sum mentioned in sa~d pronussory note tnen re~~au~;ng unpa~d, w~th in*.r~t,i ac.•~~d, and a:t moneys secured hereby, shall become due and pay-
eo forthwith, or therea~tc~, at the op~~on oi sa.d t.lORTGAGEE, as fui;y and :omp rse!y as ii atl of tha said sums of money were a~ginally stipulated
be pa:d a~ such day, anything in sa.u pro:nisso+y note or in this htort3a~~ ru t~~e conrrary notwithstanding; and thereupon or thereahet sl the Option of
s ~ ~1RORTGAGEE, w~rl~out nor~ce or a~mand, sud at !aw or in equity. there~o~e or ther~aiier begun, may be prosecuted as if all moneyt secured hereby
d ~natu~ed pnor to ~ts inst~tution. •
7_ inat in ~he event ~nat at tne ceginn:ny u( ur ot ony t~~na pe: d;::~ a^~ sa`: v;.o.^. 1y;s !M^rlgage, to fpreclose it. a to reform it. or to enforce
.,~r.eat of any c~~:ms t~r~evrd°r, soid OAURTG:.: sha i.:pj.~y to the• Co~rt h.::rg ~~~aa ct.on fnereoi ior ine appoint~nrrii vi e~^.e.e::~:, i~.~ s~»!!
-•..~~h a;,:o~rt a rece~~er oi s.~~d m.o•ty~~yec! pr~: .•ty a:l and su~q~lar, ir.~.ud,+~a7 ~li a:•d s~nyular Ihe irttome, prolits, issuef and revenues irom whale~er
s. a dz.•~v~~d, ecch ar.d every of wh.c•,, ~t 6,.~r,g xFVass.y . r.:lers~ccd. ~s ~q~~yrd as ~t spec~fically set fath and desvibed in the granting and
i,'_ _~rzd~m c`avses neraa[, and svth Rece~ve: shat~ ha:e a;t ~i~e b+cad a~td rtfec~:+e f~rc•.ons and powers in anywise Mtrusted by a Cou~t to a Reteiver, and
~_h appointme~~t sha~t be made by wcfi Court as an ad •ei:!rd eqv:~y ai:d a n a?ter oi a~sc:u~e r~ght fo said MORTGAGEE, and without referenee to fhe
~~;cy or inadrqvacy of the value of the preperr~ R.oregaged or to +t:z sc ..:.~c: o~ ~z~a:,ency of sa~d MORiGAGOR o~ the de(endants, and that sueh
•.*s, prof~ts, income, isw_s and re~enues shail tx aN, ~~ed b/ such Rece~vc• acc~r~i„~g to the lien or equity of said MORiGAGEE and the praUic~ of such
_~urt.
8. Te duly, promFt'y and fvl!y perfor;n, discharce, ex~iute, e4:ecr, cc^~,p~rre, ca::ui~ with and abide by each and every the stipulatioos, agreemenis,
.::~.d~t;ens,and eovenants ~n s3~d pro~n~ssory not> and th s:~~crtgagr seT forth.
9. TF.at i~1 the event ~ne ow~ersh~~, of the martgaged pre~~~ ses. o• anv part ti:e•+:ef, Eecomes vested in a person other lhan the MORTGAGOR, tht
;`7TrAGE~, its succ•.ssu~s a~d ass~_~;z, may, w~:liou~ r:o•.ce to ~=~e `dOR~fi.On, dea~ wnh such successw or successor i~ interest with reference to this
•..•!gage ond tne d~i~t i,<<eby sewred in ti:e same ru~e•r r as •x •h '.t~rt~ago~ w~1F~p~t in any way vitiating or diXhdrging fhe Mwtyagor3' liability hert
J•,r or uE,en rhe drut hcreby sen~red. Ao s~ cf :'.e F_:e•:cs~s hrreoy n,orrgaged ar.d no forbearanee on the part of the N1URiGAGEE w its successws
-_=s> gns and no exters:on ci the t;~ne ior t1~c payn er~t of the debt h~~c't;y sec~+ed given by the NSORTGAGEE or its suttessws w au~gns, a~wll operate
re «se, d:scharye, modify c~+a+~ge or af~ect th~ cr~y.~;ai lioca:l~~~ oi the MORiGAGOR herein, eithe~ io who~e or in part.
10. Ir is spec~l~c~~.y ao•eed that time is oi thc esse~ce of thls contract and that no waiver of any obGgation hereunder or ot the obligation se-
-,:ed hereby sha`.I at ar.y time therea4~er be hetd to be a woi.rr of the terms hereof or of ihe instrumeM sec~red herby.
1 l. !n :;i-? i•.-~ to ehe iorego 0.~~1,1Y ~{.r..,;,.s .,f c•~::: znd ~n+eresr required by the Prom~ssory no!e sccured hereby, mortgagor eovenams
-:~~ees to peY ro n:orrg: :ae :..~t~ r.,c~ ,,a,~. _:t ;,n a~~d:~'c~~a' su~-~ e>+ afed b/ mortgjgee to be equal to 1,' 12 of the an~ual cost of the follow-
A-Ail r-=ai ~;roperty ta~-s Ir•r~~r. or cS525i~/] aga~•~st thc a'~ov~ describ_d r~al es~ate.
B-Frx+. u••~s cn ~ r•~ ar:d v.~nd-*o^n ~nswarce U5 ne~,-~n r;,;.,:~^d to br ca:r~:.d e~, the irnproveme~ts rtuate on the above described premises.
C--Pre~~iu~ns on wch mortg,ge g.,era~~fy ~~su~af~ce :+s nwrtaagee sha~i from ~~~re to :ime deem fit to tarry on the ban secured hereby_
~ r'ortgagee sh~!~ f~,:n »:~:e ro t~:-e ncr~fy rncrt;~gcr in :.r;t~ng of fhe a~ro.,~t d.,e and payable hereunder and such sum shall thereupon be due and
~ on th:_ ;i~r cia•e oi rF.e neYt mcnt~:y p=;~•.c•~r and each s..:ce>s~ve mu'~th tF~creafrer ur.til r.wrtga~ee shall notefy mortgagw of a change in such
,,m. Such s:,ms s! a l ~,e app:ied 'c•y mo:rgag:e to.•ard ti,e ~~aymeRt of rea! propeny taxes, insurance prem.ums, a~x! mortgage guaranty insurance
~ , ..,~s.
IN Y~IT^:E55 :1H,REOf, the sa~d rroRTGtiGO~ has hereu~to set his har,d and seai the day an ea~r first aforesaid.
S~ n, Se and de~~vered in +he presence o!: F~~Ep ~Np RECOa0E0 l~~~J~`~
ST. lUC1E COUMT~f f lA. ~ v~/ t5eaq
tIOGER PO?f R~S B. C. Weaver I I I ~~,i~
- - CICQK C~RCUIt COUNT
- RECOP.O YEf•r1E~ °
~u? (Seaq
RAY ~7 0~ NI~ ~ t~ ~ J Mteav~fr
~"=•TE OF FIORIDA ' ~~~$2
St. Lucie _i ~
.'1TY OF
Before me personally appeared _ B Ci_~~aVer IIZ and
Sara J. _weaV@Y his wife, to me well known and known to me to be
e indi~iduals described m and who executed the foregoing instrument, and acknowledged before me that they executed the same fw the purposes
~_•e:n expressed. And the said Sara .1 {A~Q~<<er
of rhe said C• Weaver I I I upon a xps.ate and private
r.at•cn by me taRen separate and apart from her said husband, acknowledged to a~d beforo me that she executed said instrument freely and vo~un-
~ and w,tho~t any co~np~is~cn, constraint, appreh~n`s,;on,(,
~o fear of or from her said husband.
:iITF:~55 my hand and offic~a'• seaS thn_ ~ Zl?~ day of ~y A. D. 19 ?4
~ ~
yotary Public in and fo? the te of Flwida et large
My Commissiort txpires: ~
Rerurn io: •
;:rst fedaral Sa~ir~s 3 loan Asw:iat,or. '
Of ~c~t P.erc•~. - - '
fort Pieree. Flo•ida . . ' : ,
. ~
C' ' "
• _.i t
This Instrument Prepared By J. H. RobeYts JY. .
F~rst Fecieral Savings & Loa~ Association tL
of Fort Pierce F1oZ ida -
„
~ ,
Checked By ~ ~~~''~:r~n~1~~~"`',•
Q i PACE ~ei~~ ' .
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