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HomeMy WebLinkAbout0171 ' _ 3. To ptaca and confinuously keep on fhe bu~:d'+ngs noH or hereefrer s~tuat~ on sa~J Iand and an all cqu~p~r.eM and personslly cove~ed by ihis maty~ , ng~, w~~b all piamlurrn ihe~eon ps~d ~n iull, fire inwrence trtr ~wal sta,r~ard H~~~~c'/ ~orm. a aum approved by the MOR~GAGEE, and w~~dstorm ~nsvrance in tha usual sra+~clard pol~cy form, in a sum epproved by ihe MORTGAGfE, in such company or compan~es as the MORIGAGEE may d~rec~; and aU fire and w~ndsrorm inau~ance po!~cies on any of sald build~ngs, any interest therein or psrl thereof, in the aggregate tum aforesaid w in excess thereof, shall w~~ain the u:ual standard mar+gagee ciause or such osher ctause as the Mortgagee may ~equ.rs, making Il~e ~a~s under sa~d polF uei, eath and every, paYabie to said MORTGAGEE as its in~crast ~uay appear, and each and every auch policy shall be promp~~Y ass.gned a~~d delivered to any he~d by safd MORTGAGcE as fur~her securrty to aa+d mo{t9age debt, ard, no~ !ess than trn (IO) days in advance of thr expiralion of each policy, to da !~ver to said MOktGAGEE a reravval thrreof, toge~her with a rece~pt for the prem~um of such re~~exal; and there shall be no ii~e o~ windstorm insur~nce pleced on any o( said b~ildi~~gs, any interest thc~e~n or par~ ~he~eof, unlrss in ~he form a~xl with the loss psyab~e as a(o~esaid; a~d in ~he event any sum of money beco~x~ payebir vnde~ such policy or poGcies sa~d MORTGAGEE shall have ihe op:ion to rece~ve and a~ply the sarn~ or? actovnt of tfie indebted- o~ ~~n au- ne:s secured hr~eby 'a to pernut sa~d TAORTGAG~RS ~o receiva and use it o~ any pa~t ~h-n'of tor cti,rr purf•osra. ~ ~ ~y '~eC~~F~ P • 1 j~~~ remisrs so ~ ing any equ~ry, fien w ri9~+t under or by virtue of this mor'gage; and in the eveN sa!d MORiGAGORS shall for any te ~ P ~ I~refa w in a:+Y ~nswrd, or fail to del~vei promptly any of sa~d pw~+ues of insurance to said MQRTGAGtE, or fa~t promptly ~o pay tace a~d respeu (ait to perform, d~scha.ge, execute, eiFe:t, cae,p~etr, co~nply with and ab~de by ~h+s covenent, or any part her ! E ~~Y P ~ ort a nd the ~ pay ior such insurante w any part thereof without waiviig a affec:ing any opt,cu~, I~e~, equ'~t~r, or right under Q t. amount ai each and eLay wch paymeM shail be immediatel7-t~~e and payab!e and shall bear iNCrest from t~ ! vn~d pa~ a1 the ~ate ol r per cen~um per annu;n and to~rtbrr ~vith such imrrexr sF~a';: ~~r s.•.~md by ~he l~en of this mortgage. 1I g OO A~'~~ ~ ~ 1. To permit, commit or suFie~ no waste, in:pair~T~rnt or detrr~orahon of said p:operty or any part thereof. M ~ 5. To pay all end singular ~he costs, charges and exne~ses, inciudmg a rcasonable attorney"s fee and ccs~s of abstratls of title, incurred w paid at. ~ t6ne by sa~d 6!ORIGAG'.E, because or in ~he e~e~t o{ ~h~ la::ure on the par? of the sa~d MORiGAGOR to duly, prO~nptly and fu11y perform, d~xha~9~. _,~;~se, effeU, cai~plete, comply wdh and ab:de by ea:h and every the stipu:ai~ons, agreaments, cond~t~ons, and covenants of said promissory note and this _•tgage any o~ e~ther, a:td sa d costa, charges and raprnses, eaih and every, shail be immediately due nnd payable; wheiher or not there be ~o~~~e d~ ,•,-l, atre~npt to co::ect or s~it pend~ng; and rhe futl amount of each and every such paymem sha'I bea. in~erea~ from the dato thereof until paid at the nir.e per ceneum per an~w n; anc a~i aa~d ccsts. :ha:ges ~~~d ~x,~ansea ~:~cwr~~d cr pa~d, together wdh such interest, shall be secured by the lien of this mo~tgage. . 6. TF.at (a) in the evero of any breach of th~s Vlortgage or default on tF~r aa~t of the MORTGAGOR, or ;b) in the event any of sa:d sums of mo~ey hrrein referred to be not promptly and fu11y paid within thuty (301 days ~ext arter the san~e ae~era~ly become due and paysble, without demand or notice, ~ r c1 in the evem each and 2vCry tli2 ffipu~2fiOn1, a~rezments. cond~riens acd covenanTS of sa.d promisso:y note and th~s mortgage any rr either are no! +xomp~ty ar.d fuliy perfurme:i, c~.s_ha+ycd. exe:u!~•d, effectcd, co~npteted, co~npa~ed w~~h and a6~deJ `~y, then in e~ther w any wch eveM Ihe said ag ;:;ate s~m m2ntwned in sa:d prorn~ssory r.e!e thrn re~~~a~ning unpaid, with i~ite~e,t accrucd, and a~! moneys secured hereby, shall betome dur and pay- e:, forthwith, or thereafter, at the opt~on ot s3~d A10RTGAGiE, as f~1fy and co~np~ete~y ai ii afl oi the said svms of money were orginally atipulated . r pa.d on such d:.~, anyth;n3 in sa.ci ~;ro:n~ssory ncte or in this tilortgag•• to th~ conirary not.v~~hscand~~~g; and lhereupon~or therealtw at the option of .,i !:.ORTGAGEc, w~:hout nc+,c~• or dema~;d, sv•t a~ Ia~! cr in equity, the:efe+e or tl:ereaiter begvn, may be p~osec~ted ~s if all moneys secured hereby ma~~rccJ p'~Jr tC :ts i i5ht~ton. 7. Ihat in the evcr.t that et the b~y~rn:ng :f or at any t~~ne µend~~~g a~y s~ t ~Fon this fl4o~tgage, o~ to fpetlose it, or fo reform it, or to enforte .e~~ of ar.y :.:~:ns !,~,e~•nd ~r, s~~d N.UR(G:.:,~:~ eha': ,p~.!y ro iha Court ha+:,.g ~s:.~,.~iore ~he~eof for the appo+ntment of a Receiver, such Court shafl ± -.:~rh appt~i~v ~ r•_.e~.er cf s~:c! ~~:,rt,..j_:! Fic;-<~t~ e;! ano :;ngular, inc.~:i «g ~~•s s~ ~~uiar tt e income, profits, issues and revenves ~rom whatever ~~.•,:.g ..~p;,ss. u.~de~swed, is Y.c-~~y r.~crr;~.+ged as if s.~rc:ficalty set forth and destribed in the g~anti~g and -c dtr~veJ, e..:i, an:! every of ~ni,:i`~, ~ . r ~ _~~~dom c a~ses hereaf, ,^d such Rec~•~~r• s},a:; ha:.. a!t r.,~ b~oad a,~d r!:eu::c• f~: s:.s ~nd pov.era in any.vise entrusted by a Cou~t to a Receiver, and .i ~~~o+nsment ah;ll bz~ made by such Court as en dd n~tted cy~.cy .:n~ a~* ~r.c+ ui ~3~so;utc right to said MORTGAGEE, and without reference 1o the _..,.cy or inadequacy of tl:e .ai~e of the pro~rry mo~~gayrd or to ~hr so.._ ~cy o~ ~.~.::i+e^cY of sa~d MORiGAGOR or the defendaros, and thaf such ~ proi~n, income. +ssves and rever.~es sha~l tx ~pp6ed by such Recvr.er aaord+,•~ ~o the iien o+ equity of uid MORiGAGEE a~d the prauice of such .._.,r.. 9. To du'±, p~cmE,t:v and ~u1!y perfo~r.:, d~sch~+ye, execut?. eF(et~, co~-:p~ete, coo'•pl/ with an~ abide by each and every th~ stipulations, ag~eements, -d;c:ons cov:nants ,n ~:omissury ..~;e a~:d tR~s moity^age srt forth. - 9. S~~at itie cvc^t ~he o:+~ersn~p o~ :he mo~tyaged prem~ses. or a.v part therro`, becomes vested in a person other than the MORTGAGOR, the tiv:.vEc, ~!s succ:~ss•.:s ar.a ass.g~'~s. +~ay, w~'h;;~r nch,e to rhe- :•.ORTG:-OR. dea~ w~th such wccessor or successor in ~nterest w~th relerenCe to this ~.,3age e~ d tlie d_ot t:ereoy sec~~red in the sam~ n~arner as •a:th t:.;,r.}agor ~.v~tncut in o~,y way vit~ating or d~scha.ging ihe IAortgagors' liability herr u•_r or UrL~1 ~t:e d:tt F:_fE•L: 5!'~%~Cl~. ~:1 sa.° ol ~t•e {-'2~~~~5°5 F~.:ebv 'n~rtyaged and no forbearance on the part oi the IhORTGAGEE or ifs successors o-;,g~s ar.d nc ex~rrs:on of ?he t;r:~a for ~ne pr~~.<-~t ci ~te ricbf t~e~eby secu~ed g~ven by the MORiGAGEE or its successors or au~gns, ahal) operate _,,ease, d.schar~e, mixlify :%~a~~~e or atfect the-cr~~~~~o` i~ac:!~t~ of the M.vF.TG=.GOk here~n, either in whole ot in part. 10. It 's spec~f~ca~ty s?reed +6at r~~~e is of the esse~ce of t}~~s conuad and thar no waiver ot any ob~~gat~o~ hereunder or of the obtigatan se- ::d hareb~ sh,ic as an~ !i,.r rl~ereairer be hc d to be a Kd~'1C~ oi the !e:ms hrr~cf or of the instr~me~t sec~red herby. 11. Ir ::us•,. , r~ !~~e +::e~o,'.? ~~.one~: ~~:.,~.r,n•s ot pr::._ ~:e! and ~~'~r,sf ~e~~;.,-d by the prom!ssory notc se.ured hereby, morigago~ tovenanTs . s:~*ecs :u pey t~ r c•T:~°> e..'•~. e.sct: •`h'~ p`', °'.1 ~'r. cc+.~:.•~~~:~ri s~~~ _s~~°:atcci b~ mortgagee to t=e equal to 1 i 12 ot the annual cost of the follow- I . A-Aii reai ~,ropr~~y iax_s t~:~e:S or asser~_o ag~~-,st the ai:ove desr~b^_d res~ estate. Q pr,...::::~rs o~~ t~r; a~d r::::d->ror.•. in;,,•r:. .~in req~.reci to be ca~*~sri on thn imE:rov_ments s~tuate on the above destribed ptemises. ' C-Pr-~,.:r,~~s o-, ~~ch ~,::~},7'.aa :;~a'~"•'r '~io-a• °s n'°•`d~~~e s~•a:l fro~~ t-:e r:~r.e deem f~t to carry on the toan secured hereby. i . ~ t~.ortg,~g~-e s^..'~ `~o~n t~~-.° to rct~fy mortya3.:! ~n wnt~r.g o' the s~~~o.•~t dJ= and payable hereunder and wch sum shafl the•eupon be due and ''e o~ tha d~e a: ci t~:: re.r .~~.%"rt~: ~ pey~i~e~~t an~ each so,:^es~~c n o~+tn thereafier urnil mortgagee shall notify mortgagor of a ehange in such i ;rr. Such s~~+ns st•a~i !:e a}~F•i~~~d t~ +r,or'ga3:e torra"d ire ~;armen~ of real pioFerty taxes, insurance ~prem~ums, and mortgage g~aranty insurance E . ::~TS. • - ' . 4 1"t ~'/ITPiE~S :'%HfR~Of,. rne sa~d MOF.TGi-.GOR has nereunto set his ha~d rnd sea+ the day and rear first atoresaid. ~ $e nd ~ivered in tlit rese e o': ; ~ X Witnesses as to o ~s~ai) X ~ _ Ray Stephen Cross Ra e en C s - .(I'__ Witnesses as to ~ ~-%~-Z S~-~ ls~a0 Michelle Celia Cross Mi helfe Celia Cross ~~aq ~ - - ~ • E of West Virg' nia ~ ~ ; ::~':T'i JF - ~ 1 ~ •,~_.'s:.~- ~ Ra Ste hen Crass ~'•'-~'~$t~~ ~ Before me penoratly appeared __Y___-_~- - r. r" ' ' r r~ , ' ~G~76~to me well known and k~ r~tO~~~ _ ind~viduav descr~bed in ar.d whu executed the foregoing instrument, and acknowledged betore me that rhe~ executed the s~r%ii~ iqr~th'.Wfp~,~' r - r~ e;n expressed. 7~d~0CiL'J[-- , ~ _ :~GSCX7[4~4X~ - ~cxx~dc~aXx~a~c~x a /h,, - ~ ~ : 7~;~ - YIITNE~S my hand and offiuai seal thls...__ day cf 0~`• ~.%1. D.~~9~~~ i I ? ;i _ :z"° = i E OF FlOR10A Nota Public in and for the State ji SS. ~ $t . I.l1Cle _ ~ My omm~ssion expires: J11Ile_ n~~~,,.: r-.~~ ~ ~'~TY OF - - ~ . . . Michelle Celia Cross ~asd ~ Before me pe•sana!iy appe:>.red . - , . • ` p(q(~I~GfE, to me well knowrl,a~; k~rown .IQ~aP1~ ~o be ~ - 's'.. . r_ ind~v~dua?s described in end who executed the forego~ng i~strume~t, and acknowledged before me that they exewted'`~e fo4~ ihd~;pu?poses ~ ' < . . ' Michelle Celia Cross ~ ;•ein expresaed. A.~d the said._--------- „~';~'ryT'- • •.jo of the ,~~d _Ra StC hen CZOSS yqQ q a sepdc~tt a'~yprivate y - -p------- nat~o~ by me ~a4en s~para~e and aoart from her said husband, acAnovi edged to and before me that she execvte~d seid1~14d~ent;friOlY~rrw yduo- and w~thout any compuision, cansframt, arpre or., or fear of or from her sa~d h~sband. ` • ~ • f- ~z 4 ' ~4•74 1 Ylijti=SS my hand and offic~a} seaf th~s "'!^C~-- - d~Y M~ a"Q ~ ~ r. I'his instrument pzepared by . ~ e~~~ ~ r s`. John 1A~. COZi1DS Notary Public in and for ,ra1e o lori~~.d L}~~ ~ 11 St Federal $2~V1AC)5 and l.Odfl / j My Comm~ssion expirer 1 aetu~rt To: ~ssociation of Fort Pi rce F~nt Federal Sa.ir.gs a loan AssoGat;on n~ ~s~ ~ o< «~f P.~.~~. ~r'1 ~.r,p PAGE ~ For! Pi=rCe. Flo~iuj • ~ ~f . i.~~k ~ . ' _ ~x ~ a ~ _ ~~:.~'r~~ ~ ' .s _