HomeMy WebLinkAbout2709 f
To plac~ and continvous~y ?cep oo the bui!d~ngs now or hereafte~ situate on sa~d land and o~ al{ equi~xn~nt ar+d pe.wna~~Y covered by thii mortq~
ege, with all premiums thereon pa~d in fufl, fire insurence ~he usual standard poticY form, i~ • sum eAp~oved by the MORTGAGEE, a~d windstorm
~nsuranc~ in rhe usuel sl~ndud po:~cy io.m, i~ a aum approYecl by ~he MORiGAGEE, in sucA company or compan~es ~s ~M MORTGAGEE m~y
d~rect; and all (irs and w~nd3torm ins~ro~ce po!~c~as on any oi sa~d bu~ld~ngs, aoy inters~t therein or part thereof, in the agyre9ate ium aiutaid w
in exceu thereof, thall contain ~ne us~al s~a~~dard m«~9agee c~ause w auch o~her clause as the Matgagee may requir~, makiny 1M ~css u^de~ s+'d Po~~
c~es, each and every, payable to said MORIGAGEE ss ~ts int~r.~st may appear, a~~d cach and e~ery iuch pol:cy shall be prompt~Y +ta 9ned and detivered ~o J,
eny held by seid MORTGAGEE as further secu~ily to said mo~~gage debt, and, no? !ess ~han ten (10) days in advance of the expiration of each policy, to da
Gver to said MORTGAGEE a renewal thereof, togethar with a rece~pl fo~ the p~em~urn of such rencwal; and there shall be no fire a windsto~m insur~nte s~ '
placed o~ a~y of said buitdings, tny in~erest th,we~n or par~ tF.areof, unless in ~hr form and with ~he toss payable as atoresaid; and in the evaM sny sum
of money bctomes payabls unde~ such policy or pol~cies sa:d MORTGAGEE shail have ~he ophon to rece~ve and apply the same a+ accoum of the indebted-
nrss aetured he~eby or ro pe~mit sa~d MORTGAGORS to reteive and use it or any part tliercol for o:iler purposes, wi~hout thareor wa~vi~~g or unpau•
~ng any equ~ty, lien a ryht unde? or by virtue of this mc*tgage; and En ~he eve~t sa:d h1~RTGAGORS ~hatl fo~ any reason fail to keep Ihe said p~e~ni~rt so
~:;aure~. ut ie~i E'v $et~.er ~::,r:.~tty gny ef s_is~ ge!'.c~•y '^Sdr~ntp to sa~d MCRTGAGEE. or fail promptly to paY fully any pre~muin therela or i~ any ,
respea (ail ro pe~[o.m, dfacharge, exewte, effect, canp:ete, comply wiih and abide by this covenant, w any part hrreoi, Sa~tl JVIUKiIa+~tU[~ may ~+~o::
pa; for suth insurence or any part thercof without waiving or affe~tiog any option, iien, equ~~y, or right under a by virtue of this Mwtgage, and tht
f~'1 amount of each and every wch payment shall be ~mmed~atety due and payahle ar.d s~+atl brar interest irom tha data thereuf u~til paid at the rate of :
e pcr ce~t~m per anm.,:n and to~ethcr ~nith s~ch intcrvst shaii be set~red by 1he ~~en of th~s mortgaga i
To pe~mit, commit w suHer no waste, impairmeN w detereorahon of said N:ope~ty w any part thereof. ~
S. To pay aIl and singula? the costs, charges and exExnses, ~ndud~ng a rrasaiehle at?omey'a fee and costs of abstracts of title, incur?ed w paid st
j•,y ti~r.e by said MOR~GAGEE, because or in the event oi th~ ia~iure on the par~ of ~ne said MORTGAGOR to duly, promptly snd fully perform, d~xharge, i
:.ccvte, eifect, comptete, comply weh and ab•Je by each and every the stiFv!rhons, agretmenis, conditio~s, a~d covenants of sa~d promissory note and thii
o~~gage any or e~+her, and sa~d costs, charges and expenses, each and every, shoU be immediate~y due and payabfe; whetF+er w not there be notite da
r.~•~.i, attempt to co:lect or suit pe~d;ng; a~xl the full amoum of each and e~ery svch ~eymeM shal{ bear interosl from the date thereof until paid +t 1he
u' nine pe~ cenrum N~r annu:n; and a1i said custs, cha~ges a+~d e:x:x~nses ~ncurrrd w pa~d, togethet w~th such interesL shall be secured by the lien of thii
mortgage. •
A_ That (a) event of any breach of this Vbrtgage or default on 1Fv~ part of the MORTGAGOR, or (b) in tlu event any of said sums of rtwney
Ferein ~eferred to br ~o? prompNy and fully pa~d viiMin th:rty (3U1 days nea~ affer ihe same severatly becume due and payable, withoul demand w nohce.
o. ;c) in the event each artd every the stipuiations, agreements. condit~ons and covenanfs of sald promiswry note and this mortgage any w eilher are not
~.~'y, promptly and iui!y performed, a;scharg.d, exe:uted, effecred, compfet~d, co~ F!~ed v:~th ar.d aE.ded by, lhen in eitFxr w any such event the sa~d ag~
3; ~g~te sum mentioned in said promissory note then remaining unpaid, with interrst acaurd, and atl moneys secured hereby, shall bKOme due and pay-
ao forthwith, o~ thereafrcr, at fhe oFtio^ of snid A~ORiGAGEE, as fully and comp:r+ely as ii alt oF the said suma of money were aigin~Ily sfipulated
r~ pa~d a~ wch day, anything in sa.d p+omisswy note or in this b~ortgag~ ~o the co~~~ary notvvi~hstanding: and thereupon or lhereafter at the option of
y, :`::ca{ve; , t... r,r.,~n,~ed as if all mone~s secu~ad hereby
~AORTGAGEE, without not~ce or Cemana, suit at iaw a in eyuiiy, ii~a~.,~~.c ---y-•~. '^'Y (
maNted pn0~ 10 ~/S inStitution. f
7. That in the event that at the beg+~~~~g of or at any time pending any su:t upcn this Mortgage, o+ to forxlose if, w to reform il, or to enfwce ~
,*,•~nt of any daims hereunder, said IAORTGhGt~ shall apply to the Covrt ha+ioq ~unsd:ction thereof tot the appointment of a Reteiver, such Court shall '
~ r-..~i~h appoint a recer.e~ of said mortyagrd proF•erty all and s~ngular, inc!ud:ng a~t a•~d s n?v.a~ the irtcome, p~o(i~s, issues and re:•enues from whatever ~
s~ . r:~ dcrived, eath and every of •«h:ch, ;t beir,g :>~preu~y understood. ~s hereuy n'r.rt~aged as i1 speufitally set fo~th snd deuribed in the granting and
1,r:enJum ctauses hereof, and such Recewcr shail ~~3~2 alt the broad and eFfect;ve fu~~cr.o~n .+nd powers in anywise eMrusted by + Court to a Qeceiver, and
s_c~: a~poimment shall be rrsade by such Court as an admitted equity and a maner u( ac•s~~ute ~~ght to said MORTGAGEE, snd without reference to Ihe
::_.~u~q cr inadequacy of the vaioe of the property mortgaged or to the se.~~~.y or ;~~sciver.cy o( said MORTGAGOR a the defendams, and that such
,rs. profits, income, iswes and reve~wes ihatl be app~~ed by such Rece~ver accord~~-g iu the lien or equiry of said MORTGAGEE and the p~attice of such
~JV.'}.
8. To dvly, prem~.f?y and (utty pe~fo~m. d~scharge, cxecute, effe:t, comp(ete, co~:~pf~ with and abide by each and every ths stipulatiorts, agreemeMS, ~
,-~ad~t:ens and covenants ~n so~ti oro+naso:y nete and +r~~s mortga9e srt forth.
4. Thas i~ ihe eve~t the owne~sh+p of tha mo+t~aged premises, or any part thcreof, becomes vested in a person other fhsn the MORTGAGOR, the
RTi,AGEE, i+s svccess~rs and ass•gr.s. may, w'chcvt no~icc to ihe .1t,p~iGAOR, dea~ w~s!~ s~ch successor or successor in interest with refercnce to this
-,•~gagc and the d_ct iwreny sewred in ihe sane rnanner as with t.tortyagor witnout in any way viTiating or diseharging thc Mor?gagors' liabilify hertr
• d,~r or uEon ~he debt nc;euy se:•.+ed. No sa'e of tF,e premises hereby ~no~tgaged and no torbearanee on Ihe part of the IJVORiGAGEE w its suecessors
as;~gns and no extension of the te•n._ for ~he pay:nent of the deb~ h^rcby secwed given by the MORTGAGEE or its suctessors o~ assigns, ahall operale
ro re!case, d,scharye, mod~Fy change or affect the or:y~nai i~au:<<ti of ine NGRTGAGOR herein, either in whole or in part.
10. It is sper.fi:aNy ag~eed ~hat t~me is of the essence of this contract and that no waiver oi any ob~igation hereunder q of the obligation se- f
.;.:ed hareby s'^.alt a! any tirc:e therearter E,z he:d to be a waiver of the !erms hereof or oi the instrument setured herby. 1
1
I1. In >:?d t~~: ~ to +!:e To;egc •'~onsh'•; :.ajm=•r.TS of ~:ri:u pal and ir.te~rst reyui:~d by the prom!swry note setuied hereby, mortgagor covenanTS (
, i>~•^rs to pay to mc-tg_yee xhh rach monrh y ~,.ay~. ent an adu ~ional sunt es'~:na!ed by mortgagee to be equal to 1~ 12 of ihe annoal cost of the follow- {
A-All rea~ Frop•~rty taxes ~eviea or asses~.,ti oy:+i•~st th~ above dezai~~d •cal estate. ~
~ .
5-Fi:>~r.~::•~-s on f:.e and w~ndsso:m mwra:•c~ as nere~n r~qu:r~d to b~ carr~nd on the improveme~ts s~t~ate on fhe above d:scribe premises.
~-Pr~~~ w~r.s o~ such m.rtgaue gua~-nry ?esura: ce as mo•tg~gee shail ir~^i urne to time deem fit to carry on the ban setured hereby.
lAo.tgagee s=i_'' '~~R: iu'~' to '~^•e ~o'~t, mo+~yagor ~n wr~t~ng of thr a••:ovv duc and payable hereunder and such sum shalt thereupon be due and
~ e on tn~ du~ da~e of r~~e rex~ ~.on±h:y i,3y~T`C:1t and e~ch su:c°ssive non+h fnereafter unti! mortgagee sfiall notify mortgagor of a change in such
4
[t[t . ~~c:t. $uch su~ns sF•e:~ .~.e app!~ed 'oy mo~rgac--e to:.,~d ~he ~;aya~ent of real property tazes, insurance prem:ums, a~xl mortgage gua?anty insurance
~ ~.'.~or.;5.
iN ~YITNE55 'O:HERiOf, rhe sa:d ~hORTGAG^R has h~~reu~to set hiz ha~:d and seal the day y r firs ~afor ~
S' c~ni, $e t ar.d de~~+:e.ed in the Fresence of_ ~ .
'r ' ary ~
i - - -`~oC~ J K. Bryson ts~aD '
~ cs~n
- - - ~ s~ai)
- - - -
o G. Bryso
OF fIORIDA ! ~ '~-`+•,1.~~ . .
?
. ~
, ~ a Y OF --~y~-?-1~3iC-3-e---- ~ ~r~ .
6efore me personalty appeared ------.~1 ' •n•• ~ a~
_~OVC@ G. BYySOA his wife, to me.wZl~ icQow4 and koov4lS( ~~~t~ be
•~~drviduats descr~bed in and who ex~cuted the foregoing instrument, and atknowtedged before me That they ezetuffd' 1N~4#~ the~P~r~ses
•e;n expressed. And the said-_ - .JOVC@ C.• BI}/SOI1 "
. or ,?k sa~a - John K. Bryson _ : .'~„Po„ a ~~.~te.is+d ~.te
nat~on by me taRen separate and apart from her said husband, atknowfedged to and before me that she executed's,aid'i`b11u"m2i1t f~eOA(:5~d.roR~~~y'
; ar.d w~thout any comp~lsion, tonstraint, apprehenslon, or fear of or from her said busband. , .
, ~ ~ ~
`NITNE55 mv hand arxl offic~al seal th~s_- day of_ 19-~
•~:nu~~
orary Public in and for the State of florida af lary~ "
y Commisiwn expires: Q~,~,G f's ~q~g
Return To: ~ r
F;rst Fede~al Savings a losn Associat;on ~3~0~
or Fo~r v:::~.,. FILED AMt?'n"ECORDEO
Fo,r Pi:~rce. F~o'ida iT. ttlClE COUNTI? fLA. ~
c~E~ii c 3cuii ~'~uer
RE~OP.p V~a;FtF~J
~
This Instrument Prepared By Gary F. Ellwood ~.1~ 3 i~ PM
First Federal Savings ~ Loan Association
~
of Fort Pierce~ Florida .
ChecS:~.a. Br -
~~~t ~7 ~cE~~"T07
~
~ #
.
~
- - . ,
_ - ~
~ :
a _ , =
~ ~ . y .