HomeMy WebLinkAbout0623 3. To p:sce and co~+t.rwa.sly keep on the bu~'d.ngs novv on c~rtaft~r ~ituate on sa~d ~and and on ali equipmeM and pe~so~aliy tovered by thit mw~g-
~p~, w:th ail prem:u:ns ~l+ereon pad 6n f„tl, flre inswance ~n ~he vsuat s:a~dd~d poi~cy form, in a sum appro~ad by the MORiGAGEE, a~~d winJatorm
;e~waece +n the vwa~ ua.~d+~d po:.q to.n., in a s~m aFproved by tF+e MORTGAGEE, in such company o~ compan~es as 1he MORTGAGEE rt+~y
d'+rttt: u+d all fua a~d w:ndsto.m ~nsuru+ce po'K~es a~y oI sa:d bu~td:~+gs. any interest therein or part thereof, in the agg~ega~e w~n aforesaid u _
in eacess rl~creof, shall son~a:n tbe vswt uandard mor~gagre c~ause o~ such oihe+ ctavse as the Mortyagee may +equ~re, making the toai unda~ sa~d po~i-
~;q, exA snd ~very, pa,•ab:e ro sa~d A1pRTGAGEE as ~n iroe~rst may a~rar, and each and every svch po!~cy sha~l be p~a~nplty ats gned and delive~ed to
any F+eld by sa.d HsORiGAGfE as f~vihe. sewr~ry to sa~d m«rgaqe drbt, and, not lesf tMn ten (101 days in advance of the expiratlon ol each poiicy. ~o da
Gver ~o sa~d 1NOQiG~?GfE a renewal thneo~. ~oge~he+ w~~b + rKap~ fw the premium of such renewa~; and there shall be no f~re or w~nds~orm inwrance
P;aeed p~ yy pf sa;d bv;~,~ys, a*~y ;~te~est H+ere:n or part the~eof, unleu in the form and with the loss payable as aforesaid; and in the event any sum
of mone~~ bc~o~res payable undt~ s~.ch pa~cy ar pol.c;es said h10RiGAGEE she{I have ~he opt~on to ~ece~ve and appty the sa~ne on accoum o( the ind~bfed-
~y ?Kr~py p w per:n:t sa,d ML7RIGAGORS ro receive and use it a any part thereof for o:hc~ pwFoses, ~v~~hout th=rcuy .v3~vi ~g or ~mpair-
;ry arnr eQu;ty, I:en p r:gh~ w+de+ or bp virtue of th:s mo:'gage: +~+d in ~he eve~t sa~d MORTGAGORS shall ior any reason tail to keep ~he sa~d premises so
;r,wred, a(~;~ p del;ve~ po~npt:y any of ss~d po?~cies of i~+surance to sa~d A10RiGAGEE, o~ fail promptly to pay fu11y any pre•n~~m therefor or in a~y
respect fait b pe~iwn?, d~uha+ge, eiec~ta, effect, comp?eta, comply with and ab~ds by this covenant, o~ any part he.eof, sa~d MORTGAGEE may p~ata a~d
pe
p,~ fa. su~ ;nsurance o~ any part thereof w~thou~ w+iving o~ affectinp any op~~a+. ~ien. equ~tY, o~ right unde~ or by virtue of this Mwtgage, ~nd the
f~11 amo~nt of each and e.e~y sxA p+Yment sh+11 be i+~ned:ately due and p+Y+bk and shall bear interest from tha date thereof until paid at the rate ol
re,ne per cenrvm por a~rwm and eo~ehr. w~rh wch inreresr shaii be srcured by ~he ~ien of thls mortgage-
To permit, coTn+d a wFfd no waste, irs+pa'ument or deterioratio~ of said property a any part the~eof.
5. To pay ail and s~ngvta~ N+e cosn, ch++gcs u+d eaPe^ses. includ~rKj a reasonable attorney's fee and costs of abstracts of titte, incu•.ed or paid at
any t&ne by ssd /N01tZGAvfE, becwse w in ~~e cvent of tF+e fa~lure on the pan of the said MORTGAGOR to du~y, promptly snd fully pertorm, d~xharge.
e:ecure, effect, comp:ete, co-*p~y w~rh a~d ab:de by each snd every the stipulatwns, agreements, cond~tio~s, a~d covenants of sa~d praniswry note and thii
« ~~~~y~ ~ y~d ~osK, charqes ~nd cxpenses, each and every, shall be immediately due end payable; whether or not there be not~ce d3
~mmpt p m:3Kt or s~,;t pe.vd.ng; ~nd the full artwunt of exh ~nd e+~e+y such paymcnt shall bea~ interes~ from the date thereof until paid et Ihe
ra:e oi n:ne {xr cen:~ Qe+ ~n+a.:n; a~x.' aff said cos~s, charges and expenses incwred a paid, together w~th such inte~esf, shall be secured by the lien of this
morga9~-
6, That t~ ~~+e e~rent oi sny brexh ef th:a 1Nortgage w default on the part of the MORTGAGOR, or (b) in ~he event sny of sa~d sums of money
hcrein referred w be not pra~prty and tvity paEd wirh:n th+~ty i301 days nea~ a!ter fhe same sevually become d~e snd payable, without demand or nouce,
or ;n N.e eyent each and e,rery rhe sr.pu:a~'orn, a9~eernents, cend~r~w+s and covenants of sa:d promiswry note a~d th~s matgage any or either are no1
iu;y, prornprly and fu~ly perfor~-.ed, dsct~aryd, e~ec~fed, effeceed, cornpleted, compl~ed with and ab~ded Sy, tFxn in elther or any such event the said ag
~,.9~T~ wm mm~;oned ;a sa:d pro~r,;ss~y nore then remaining unpaid, wirh interest attrued, and all rnoneys secured hereby, shall become due and pay
ab e Fors~wr~+h, w rl+ereaire+, a~ rhe cp~w++ of sa;s! NK1RiGAGEE, as fulfy and complaely as if all of the said sums of money were or~ginally s~~pu~ated
to p~ pa:d en y,~ch dsy, anY~h;ng :n sad prora:ssory notE w in ~h:s Mortgage ~o the contra.y notwithstanding; and thereupon w thereafter a~ the op~~oo of
sn:d N40RTGAGfE, r?~rho~t norce w dcmand, w~t at law or ir? equity, therefo~e or lhereafter begun, may be prosecuted as if all mo~eyc secured hereby
nad a+atwed p?wr ~o .ri ~nsututar~
7. That in ti+e event ~ha~ at N~e Deginn~ng of or at any time pend~ng any su~t upon this Mortgage, or to faeclox it, or to reform it, or to enforce
pay~rkv+t of x~y dai~r+s hr.e~.-~der. sa~d MORTGAGE~ shail appiy to tht Cou~1 having jur~sdiction thereof for the appo~ntment of s Rece:ver, suth Gourt shall
Fcrhwith appo.nt a recc::er of sa~d m«rgaged propnry sil a.~d s~n9uta~, inctud~ng aU and s~ngular ths income. p*of~~s, issues and revenues from whatever
~r;red, rach :nd evcry of wh.ch, it be:rg express~Y undersrood, is hereby mortgaged as if speuficaily xt lwth and deuribed in the g~anting and
1-a,,endvm cia~•ses hercoi, ard sud~ Qece~rer sha~t have ait the broad and effective funct.ons a~d powers in anyw~se eNrusted by a Gourt to a kecciver, ar±d
s.ch appoin:mmt si+a~i be r.zde by wch Co.,rt as an adm~:*ed equ:ty and a matrer ef absoiure right to sa7d MORiGAGEE, a~d wiihout reierence to fhe
e.~~uacy or iosde~acy of the w3ve of the property merfgaged or to the so:veocY or mso~venq of said MORTGAGOR or the defendants, and that such
re-fs, proiits, encome, issves and re.ersues shat~ be aRP~~~ oY s~ RKZ'~e~ accord~ng ~o the lien w equity of said MORTGAGEE and ~he practice ot such
Court.
8_ Ta dultl, prvs+pt'•y snd fu:~y -pe~form, d~uhar~e, e:ecutr, effect, mmplete, comp~y with a~d abide by each and every the stiputations, agreements,
:~it~o+n and wverw+h ~n sa.d pa~ssory noae and th:s mo~tgage se~ fwM.
9. ih~t in the era+~ rhe ows.ersl+~P ofi the mor19a4ed P~~^"ses• a any parr tbereaf, becomes vested in a pe~son other than the MORTGAGOR, the
~t.~R7GAGEf, its xxcessas ud ass:gns, maY• witho~t not~ce to ~he A10RTGAOR, deal with such sutcessor or successw in interest with reference to this
,ra„yage ,,,d the dzb~ hereby secured in the same marn+er as with 7Ro~tgagw w~~hout in any way viriating a d~xharg~rg the Nbrtgagors' liability herr
~r:~r or upon ti~e debt t~reo~ sec~e*ed. No saSe of ehe prem~us hereby mwtgaged and no fabearance on the part of tF~e MORTGAGEE a its successors
o• asi.g+~s aed no ezre~n+on of ei.e r,me io. the paYmrnt of the debt hereby secvred given by the MORTGAGEE or its svccessors w auigns, shall operate
io rreaae. daci~gr, a+odify ctwge or affeer tfie o.+g~~al t~aoit;ry of the MORTGAGOR herein, either in whole o? in part.
~p_ h i~ spec:f;caily agreed rha~ t~me ia of the essence of this contrad and that no waiver of any obligation hereunder a of the obligation sr
c~red hereby sF.~.. at us~ t~mr thtrrahe~ be he:d ro be a waiver of tfie terms hereof w of the instrumer.t secured herby.
11. lo aod t.c : so t:.e forego ~g mcw+th'Y Paym~nts of pri~c pa! and inte~est required by the prom;ssOry nore secbred hereby, mortgagor covenants
a.:d a~~ees ro pay ro mo-t~ager w~~h each mo~rKy pa~:~cnt a~ add~eional sum est:mated by mortgagee to be equal to t/12 of the annual cost of the follow-
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A-Atl reai prope:tr :axzs ie-r~zci or ass~sscd aga:~st the above descri5ed reat estate. -
B-Pr~c.:v--s on f:re a**d w:~sds!crr. :rsurarcr as i~ere~n requ:red ?o be carriPd on the improveme~ts situate on the above described premises.
' t-pr~•ruur,=s m wch rr~artgane gwranty ~~surance as marrgagee shall from t:me ta time deem fit to carry on the loan secwed hereby_
~ Mortgagee sha'! t.om t~+r.e to t:--+e nor~f~ morryagcr ~n writ~ng of the amount due and payable hereunder and such sum shall thereupon be due and
~ ;=,ab1e on tl~r due dz!e e{ s~? re,r m,orith:{ paymer.t and each successive morth thereafter ur.til morfgagee sh~ll notify mortgagor of a change in such
f ~~,nt. S~ch SU'rS 5~3 ~ Se a~,p"Erd 'ay mcrrg-r3~e ta+~.ard tne payment of rea! property taaes, insurance prem:ums, and mortgage guaranty insurance
~ c•e-'.;ums.
t IN \VtTtIfSS 1f H=2~OF. tnr sa~d MORTGf.GOR has hereunto set his hard artd seal the day and year fi?st aforesai f
~ Signed, Sea!ed and de!+,re~ed in the preses+ce of: v
Seeq
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~ (Seaq
~ (Seaq
~ (Seaq
~ S'%+TE OF RORIDA
St. Lucie ~ u-
~ou~n oF ~
Setorc me personaiiy appeared KdIQl ~ZiC snd
Vickie A. Kirk, a/k/a {,~CiCf@ Ann Kirk his wife, to me well known and known to me to be
the indv;dwis desu~oed in u+d wtw eaecuted the foregoing iostrwnent, and acknowledged befwe me that they executed fhe sart+e for the purposes
rh••ev~ e:p?rssed. And the sa~d vieki A Kirk -
y~;d icarel I tk a~k/a V~ (`~c7 P f1n Tlc upon a separate snd private
e.a~uruton bp me Taker+ sr~ate and apart from her sa~d husband, scknowkdged to and before me that she executed said instrvmeM freely and volun-
a-.1y and w:thovt any comp+.:san. constraint, sppreheru:og,,,os fear of w from her said husband. ~ ~f~
WlTNESS r:+y ha~d and official seal this day of ' A-. D•,~4r-j=
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4 ~~Ed ' Notary Publit in and r tFro te~ _F!@(~ 1~~'~//~ •
FjLEO AN°- RECO
f My Commisiwn expires: v ~b'
ST.IUCtE CGUNTY flA. ` : v ~ ) '
~ Re*u.n To: R3^v~~ 'G:tRAS r• , ~ .
~ Fasr F~d~.a~ sa~~gs a loa~, /?ss«:ar.o~ CIEF.~ C"'CUtT COURT ~ - ' ~ ~','~d.
~ o: =o-r ~ <-ce RECQRC VF°:r'~~ n)t,.~:! ="U:':'`. S'.~~E sf at L4RGE -S ~ ~
F~r D= ce. f.;w_ya e~ Q ~ ~ 6:' C~.:'.:i: ~,~i1 E;lPiRLS
-~h~l:. 1. 197 j~ • 4~
~ 4ij f~ ~+.f~GL~ Qy fun~trcan oanRet}Tpsuiancs Gg~ ~J ; c~
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Kayes ~ Sr~,s4-
~ This Instrument P~epared By Richard K. ,~j^ 'i;~r.i: ~
; First Federal Savings b Loan Association V
of Fort Pierce ~ F10Zida
~ eh~ed ey ~"r O PArE .
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