HomeMy WebLinkAbout1639 1. To place and cw+nnuowly ke^p on the bu: d~ngs ^erv or hereaieer •~tua~e cn s~~d ~and and on all equipment and pursonal~y cove~ed by this matp-
ege, w~ih all premiums th:~con pa•d m l,,:I, !~re ~ns.rjntt ~n thr us,:~t sw~dacd ~.o':c~ form, in a sum aHyao+ed bv ~he MOR~GAGEf, and w~ndstam
~nsurance in tha uwal sranda~d poLcy 1um. in a aum aNpwwad by ~he MJRiGtiGEE, in such cumpany ot tompsn:es ss the MOkiGAGEE may
d,~ccr, +nd all iire and w~nds~orm msva~ce poi~c~rs on a~.y of sa~d b~:~+d.nys, any inreres~ tiierein or pa~l thereot, io Ihe aggrrgste iwn aforesoid or
in eacess Ihe~coi, shill :oroain tha usua~ sr..r.oard mo•~yagee c~ause w s~:h o~her c+uu as ~he Mwtgagea may ~eqwre, mal.i~g ~he loss unJrr ~a~d polt -
c~rs, each and every, par.,b:e +o s.~~d A~~~RIG:.i:t5 as :~s ~~-:<<:.st r+:ay apf•ear, and .a~h .;nd e~ery such po~:cy st~a~l Ix prompt~y ass9~~ed and de~~verrd ~o
eny held by seid A10RTGAGfE as fu~ther s:cur~ey ~o sa~lJ RLtt~3(]e d_•ut, a~-d, no~ :ess than te~ (10; days in ad+~nce oi ine exp~rat~on of each pol~cy. ~o do-
l~~er ro said MORTGAGEE a rer.ex•ai fhe~eol, ~uye+hrr v~~th a rrcript !o. ihe pre:n~~m oi such ra~eaal; and ~hrre shall be no i~~e or wind~~urm insurance
p.aced on any o) sa~d buiidu.gs, any interes~ ~hera~n w Qe~t tl:ereof, un:~-ss :n +hc- for~n a~~d w.~h ~he loss payabie as a!o~esaid; and ~n Ihe ereM a~y tum f~
of money becomes payable vndrr auch policy or po~~ues sa,d t.10RIGAGEE sfiell ha.e ~he upt:on to rec=~ve and apply tM sanu on account o) ~he inefrbted ~
:
nrss sec~red hereby or ~o pr+:nit sa~d f~1QRiGAG02S to rece~ve o::d use ~t a~~y ;~.~~r ir.~:.~of ic~ o:~.~•r asrs. .;~~~w..t i?~,~•.~. ~~~•"l ~~~~P~~'-
~ng any equ~ty, lien or r~gAt under w by virt~e of ~his mc•r~age; anJ ~n the eve~t sa d A!~~tiGAGORS shall !or any ~eaeon 1ai! to keep the sa~d p~emisas so
;nsurtd, or fail to d~!~vcr prwnptly any of s~id {`G'~c~es of ~nsuranGE to Sa'd A1QRT~~P.GtE, or fa~t p~omptly to pay fuily any pre~~~~~m the~efor o~ in a~y
re~~~~tl fail to pe~foro~, d~s:ha~ge, exec~te. eife_t, comp:~•'r, co:r.piy •~.~~h and ab.de b~ eh;s coveni:v, a any part hrreot, seid MORTGAGEE may p:acr a~~d '
p~y for wch insurance or any pa.t thereof vr;thcut vvalving or affec!irg any o,~ron, ,:yu~ty, w+~~hi under a by rirtue of th~s Mo.tgage, and the
amoum of each a~:d e.ery svch pairnent aha:l be +•nmed~atel/ d.~e a~•d Fay~b!e a•~d sha[I bea~ intrrest from the dafe ~hcrrof u~~til pa:d at tf~a rate of
e pe~ centum ~~er ar,nu n a~ed ~c~t~th:r ~n~+h s.,:h inte~~s• snai~ ~e s_~wr~-a tn~• ' en of th+s mortga~e.
1. To pe~n~it, cemm~? or sutfer nu xaste, in:p~i~r.~ent Or dtrenora~~on of sa+J Y•cE:erty or a~y part thereof.
5. To pay all and sir.gular the costs, cherges and expe~ses, ~n.Iuding a reoscnai~~e atfomey's (ee an,~ costs of abstracts of title, incurred or paid at
ti~ne by sa~d MGRiGAG`_E, betouse or in :he evrnt of th-: fa,:~ra on tne ;.rrt of u.e s;,:d ~L10RTGAGOR !o d~iy, pro~nptly and fully perfo~m, d~itharge.
.c:ute, effect, comptete, co:nply ~n~~h a~~d ab:de by ea.fi and e~r~y the S~~p~li!~O(:s, a~ree~nenll, condit~o^s, ared cove~ianrs oi sa~d promi>sory note a~d thi~
~~~•~goge any o~ e~rher, a~~.d sa.d cos~s, charges ~r,d cx~~nses, eacb ar*d eve.;, sha~1 bc ~a,mrd~ate:y due and payatle; whe~her a not the:e be notice dr
~n,•,.1, a:re~npt to colied o~ wit pr~~d~ng; and ohe futl a~noun~ uf each and eve.y wc:~ pjymenl sball bea- inrerest from the date the~ao4 until paid at tF~e
, e~ n~ne per crn:um ~,er a~u~~:~~; ~~i sa;d ca:», cF•a:3~s i~ld «:.er:s:s ;rs.rrcd or ~:~~d, together woh such ~n~e~est, shall be setured by Ihe lien of this
mo,e9a9e• '
6. That (a) in thr event of any brrach of th~s Alortgage or d-fa~;t on tFr_ pa~~ of thr N!ORTGAGOR, or ~b) In the evcnt any of sa'd sums of money
h•-refn referred to ba not pror.,ptly and tu~ty pa~d v~~~h~n tn~~~~ l3J) deys next a~r~~ the sa-»e se+era'!y beco.re dut arr! payable, without demand or naiice,
ic) in tha evert each and every the st~ouiatw~s, agreer~ent:, co~d~+~ers ~nd co.enann o! sa.d promissury nore and th.s mortgage any p e~ther are not
:-;y, prompTly and t,;;iy rarfer,r.ed. d s:ha+g•~d. cxe:~!_d. rfiec~rd. Co~~pietcd. cc rp:.~~ •:r,•h and a~~ded yy. ~hen ~n e~ther or any wch event Ihe sa~d ag
~3atz sum mentioned in sa:d pron~,ssery r:att ~hen ie~+w~ning unFe~d with in~rrr;t acu.,~d, and a:i r.wneys secured hereby, sAa~l become due and pay
ec a iorth,.;~th, or thereafr~r, at tne op•.o~ ef s.~.d :t1~3R?iAGiE, as fu:;y a~~ cu~nF.:ec.,:y ~s if a1f of t~~e sa~d sums of money were or,ginally at~p~iated
he pa.d on s~ch dc f, .,nyrh~ny ~n sa.ei F:~c^:,szoiy nc~e or in thn h1o:~oag_~ to t~~c co~~+ ary not v~thsto::d:ng; and thereuport or thereafter af the option of
s~ d MORiGAGEE, w.~ccut no~~;e e• drm.:,:d, s~~i at ;aw or in eq~~ty. iher~io~e or the•_-ef~rr bey!n, may be proaecuted as if a:l moneys secured hereby
r d matured pr,cr to ~ts i~st~tu!~on.
7. Ihat i~i the e.e•:t •h~r a! Ti+r beytnr ~~q ~ f o* a! any ;,~.~e pe~d:r~y a~y su+r ~~-on this Me~tgrge, or to foreclose it, or to reform it, or to enforce
,^.ent of dny c~~~•~~s •ev::d_.*, ;:rd V•V~TG:~~-='_ s`w ~.,F.u:y ti.r Cc:.~t h.;..r:g .sd c:.ur~ therrof fe: the appantmeM of a Reteiver, svch Court ihall
r_. .•.i!h appnlnt a r~:,~:er of a.;d r_-~y,y.~ E.r~; .r, ~-.y S~r.y_ d•. ..:'JQ:~y _ o! a~~,3.,:ar ihe ~^con~e, prohts, issues acd reverues from vrhatever
. ,~_~ired, each a~.J .:e~y of ni~c', . ~.:ry .:'S5 v ~r'~de•st::c±. .s >e•_,; n,,r,q.-.3ed as if spec:f+c31'y set forth and destribrd i~ the granti~g and
.~~~ci;~m C:euic'S he~eef, an~ s~c'~ R<c-r:er sh-~'. h.• a:i ri,_• 5-,ad a•,d ei~ec•..e ~L~ cr o: s~nd po~ers in anyw.se enr:usted.b~r a Court te a Reteirer, and
s:~ 3Fpoinime~i~ ah:L' be mad.a by s~~ch Ccwt as 3~: aJ'l:f!rJ eq..::~ ~r.d a rtz~~er o r!sc'vtr r!ght to said h10RTGAGEE, and withwt reference to ihe
.:y or inadrq~ac. o! thr va:ur oi rF_• p~oNe=sy rr.e~~ :_ged u- tc r~._ . ~._.cy or ~n,uwe~cy of sa:d MORiGAGOR or the defendan:s, and that such n
~.+s, prohts, income, ~ssws a~d rr~en~es sh~:! be ap~: ed t f s:ch Rec~•~.er .•c:or,i:,~g ~o tF.e lien w equity of said MORTGAGEE and the prattite of suth
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8. To dv'y, prom;.f'y ar.~+ 4•v: y per`o~m, d~scharge, e,cewte, eiiect, ceT~'r!~•, cc•r~,'/ v.~fh and ab~de by each and every the sfipulations, agreemenfs,
-d~?:ens and cove~zan~s m sa~tl prom;isc~{ •~v'e s:~d ~h:a mo+cgage s~t iorrn.
9. That in tne e~e^t she ov.re•s~~~{~ oF :h~ r:.ore~aged pr~•-~:s<_s, ar anr parr t'r:=_-rccs Eecomes vested in a person other than ihe MORTGAGOR, the
,'R7~.~t',Ec, ~~s Su'CCSSG•S ar.d ass~gr.s, ~rj•~, w:rtic~• ncf~c~ to t~,a `:OR?~:•O~. dees +.:~h such successo~ w svccessw m interest w~rh reference to this
-rgeye end tne ~_L.+ h.•r~•by s_c~~ed t}~e ~~•re r~.,nner as a~h t,'.;,rt3~3o~ a~th_ut ~r. a~r vvay vitlating w d:schargiog the Mortgagors' liabilify hert
i_r or uron th~ d~b! %.er-k~y s__.:~cd. P~a s~.s ~t F:e••~+ses h~re5, •nortg;~ed ard no fcrt.eara~ce on the part ot the /1lORTGAGEE or its suctessors
, ~ss g~~s a<<d ~o er+en:!o~ c+ •h; : in• tF.r ;:rrs*e^t of rt.e deb~ h•,~ _t. sccvr g~Yc~ by the I1tURTGAGEE or ~ts successas or ass~gns, a~iall operate
~ re ease, d.scha:ye, •T~cd~(y :~.n.:ge ar a~iec~ tce c~~g~r..~~ f~ac.•.t~ oi ~~e tl.~:,niGAGOR ne~e;n, either in whole or in part.
i0. It is snec 4~_,.:~ e?~.~•~d rhaT n> ;s e' rF:e esie~~ce cf tt ;s co•.cract a-~d ~t.at no waiver of any ocl:gat~on hereunder o? of the obligat'an se-
ed h.re6y sha!~ at ar~~ t~ •.e rh~r_ar.e- i.e hc'd to b: a v.auer of the •e:~-~s ~•ere~! or oi the inatrume~t iec~red herby.
I l In :,u,i _ ~ j= ~-.~h . 's pa~ _^d i.•_._s+ _d b~ t~e prom sscry r.o'e z_cured her~•Si, mortgagor covenants
,g*•_cs to ;:ay tc c-r,n c ..,•t: . . ~ , , ,e•:r _ • c:'~ .t. cf t~~ ^:o•!~agee to be equat ~u 1,~ 12 of the annual cost of the follow-
A-A'I rcai p:ropc••y +sr s_..._. asss•s=... .~l~.. aL_.e d.>.._ d.__ cs'-,~. -
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; 6 P:~• , ; on 5:-. a~:d , ,~.c••o ..s,,.:,. ; .s ; _ .:n r,q., •c.+. n•_. c_ c. !h-~ :,-~-rovemrors s+f~ate on th_ above c+escribed premises.
i C-Pre:~: ~:~•s o~ e~ch rr.o•+,; ~va•a~t~ i. w•~~ ce az n.o•~ga s~a:i f,~ r~ t[~nc deem iit to car~y on ~he loan secured hereby. .
rf;;rrg~aee s~ ,-:-n t:,*,_• ro r. -e ~ c~ t; ;._30• r~ c± t~e o_~~ ~.,e :;nd payab!e here~ndar and such sum shall thereupon be due and
~ e on th-: jx •r of +F~ n<•at ~ p.:,rr.~-c a~d^exh sv:cessive •---o•~•~:~ t=•,-eaf!cr ur:t~I mcrtgagee sha!1 not[fy mortgagor of a change in such
~ - ',,;::1. SUCf• SJT~S s~~a~! be app:~ed by _r'n»~.e ta:.a•d +ne pa~T~ent of rea~ ~;.c~e~t; taxes. i~sura~ce pre.^.s:ums, and morlgage g~aranfy insurance
j JTS.
€ iN 4'1lT,:E~S :.HER~Of, ~h~ sa d lLORiG:.v'~R has he+ev~to se' h~s har.d and s•_3~ fhe day and y~ar first afofesaid.
j Signed, Sealed a~d de':ve~ed in the presence of: ~ . ~ 7
: ~ T - E•--rT- t ~ ~ ~S°a~)
~ `~.v~"c srC.l~ _ w r~ (Ses~
7"
~ ~ M8 Ofl R. lAZ1CM (Scaq
- _ rSeal)
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='N?E OF FLORIDA ,
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' . ;'~'Y OF S~itil~~~_-- ~
Before me personatiy appeared _ N1alt@Y .1~ HginriCh a~
___~___________~Z10l1_ Rs Heinrieh his wife, to me well known and known 1o me to be
~~ndivid~aEs describe~ in and w!w exetuted ±he foregoir.9 instrumenr, and acknaa'edged before me ihat they executed the same ~w the purposes ~
~~_•e;n expressed. And the s>id______ ~iT~Atf R~ Hglt'fi~C~i
c of the said _Walter R• Heinrich upon a separate and private
~ • ^atcn b me ta.an s~ arate ard apart frem her sa~d husband, ack*icwi
Y P edged to and before me that she executed said instrument freely and vo~un-
~ and w;fhout any coT,pu:s:cn, co-,srra;nr, a~preFers:en, or fear of or fI:JT her said husband.
~ WIT~iESS my hand and o~fiuai seol th~s_ day or__ J~e A_ D. 19?4
~
~ ~~-,~r~.~~ ~3 J ~c.~-c~
r3 Notary P~blic in and for~' Stste of Fbrida at Large
My Comm~sseon expires: / p 3~. •.7'}!
~ Retum io: . j~ y r,-
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~ t;nt Federal Sa•.~ngs b Loan Assoc:at:on
~ Ot =o•t P .-c_.. ' ~ , ~ C" : -
~ Fort Pie~re. Ft., d i QQ~fO _ •V V7 ~
' flLfd ~K: auMjY fl~• . ~•~r~~:' _ -
S1-~V~,{?~-_t:R1~S - - ~ -
~ ~~E1~* L~ ~ ~~t CbUA? t; ~
This Insfrument Prepared By~j~ H. Rob@Zts JY. pct'.ttc I~ :
First Federal Savings 8c Loan Association v~.'`
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f~.i.~~~~~
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of Fort Pierce~ Rlozida 33450 57
~ ~ ':.~+~1U1itt«~~` .
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Checked By - nQ~~59
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~ ~ 8~ l~rV PJ1GE~~
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