HomeMy WebLinkAbout1420 To p:ace ~~~d co~rinuuuslY kecp on tha b~~:d~ngs ~~ox u he~eu4te~ s+tw~t w+ sa~d iand and on alt cq~ipmenl +nd persa++~~Y ceytreo by thls matg~
a3e. with all premeums thrreun pa~d io f~ll, f~re inswe~~ce ~n tM ~s..~l st..,ui,?iJ yui~tV form, in • surn ~p~cvad by ~he MOR~GaGEE. e+~d w~~w.;t~m
;~,s.,~ance in ~M uwii •~andard poi;cY fwm. in a a~m apFxoved b~ ~he MORiG~?GEf. m such company o~ comp+n,q u ~he MORIGAGEE m+y ~
d~rrcr, and all (i~e and w,ndirorm i~surance pot~c~rs a~ a~~y ot si~d bv~:d~•~gs. any inrero~~ tFK~eN+ o~ pu1 tl+~~eo1, in Ihe a99rrg~~e sum aFaeaaid ~ .
in racess ~h~reof. s1~.+11 conisin tha usual s~a:,uarJ ma}]-,gre C13Jf! w wcA o~he~ c~a~se a~ ehs More~agee mey rcqu.r~. m~?~ng ~he fou wxJe~ sa~d pol~
;:es, eath and evt~y, payob:e Io se:d MJRIvAGtE as .~s ~~~tcr.•st ~~~Y epprar, anJ ia.h .+~~d evc~y auth {wt~cy aha~l bc ~uomptly ass gnrd and de:~re~rd ~o
eny held by u~d htORfGAGFf a~ fu•~har srcurity ro»:d n:ortyege drt~`. a.:d, oor !¢~s ~har. ~e~ 110i daps in adwance o) the eapuabon of each ~,o1~4Y. ro d~- ~
L.rr to se~d h10R(GnGEE a re~ewal ihereof, logeihr~ wnh a rece~pt for the prw~tiivm o1 svth renewal; and there shaU be no f~~e or w~~ulswrm ini~ranc~
pt~ced on any of sa~d b~,~id~~~gs, any ineerest therNn w p+r~ d~r~eai, un.rss ~n ~he to~•~~ a.Ki w~fh ihe loss paYab:e as afwesa+d; and ~n rhe e~em any sum
of mo~ey becomes payaD~c unde~ such pot~ty w po~~uzs aa:d MORTGAGEE s~~ll ha~e ~IM ophon ~o recrive ~nd apply tM same w? atcount of the indab~rd~ -
n~•ss ucured hetnby o+ ~o permit sa~d IAORTGAG'~RS to receive ~~.~1 uu i~ d dny ~,~i~ tn~.cof to~ c:her HurF OSrs. v..~~w~t ~h~r. u; .v...., .:r ~~c~~u-
any lqu:ly, lien w r;ght under w by vi~tue of th+a mo-'ga9e; and in the event s~ d MORTGAGORS shaU 1w any reason fai! ~o keep the sa:d ~uam~set so ~
~~s~r,.•d, o~ fa~i ro de:~~er pranp~iy any of sa~d po~.c~es oi ~nwrance ~o si~d MORTGAGtE, o~ fa~t pron:pily to pay fuNy any pre~rovm ~he~rfw o~ ~n any
rr~; rc~ (ail ro pe~lwm, d~scha~qc, executr. eifecl, comptr~e, co:nplr w~~h and ab~do br +~~~s coveno~t, w•ny par~ htreof, s~~d MORT:,AGEE may p:ac~ a«d .
~a; iw such insurance or any part thereoi w[ihoul waiving or aff~~:~ing any on~;on, :~cn, equny. o? nghf unJe~ a by vir~ue of th~s Mo.fgoge, and the ~
i a~no~n~ ef each and e.e~y such paymem shall tx ~r..:::rd~ate:y d~r and pa~s~~e and shael brar ~~~~errs~ irom fho drte thereof u~til p„~d rt the rate o~ `
, c per centum ptr ~•:r.~:n ~nd !a~rt~:rt .~i!h SJVI 2[:IC~CS~ st:..i: :~r t~e. n d by thr ::cr. oi this mo+tqaga.
d. To permit, co~Tmit ot suf(er n~ waate, in:paument er dcte~~oraf•w~ 04 s.+ad p~operty or ~nY perl ~I~e~eof•
5. To pay.a~~ and s~ng~lar the costi, charyea and e~pensrs, in:I~d. ~g a~eaao~~.+Cie a+~~nrv's fet and costs of sbst~scts of Iitle, in~urred w paid a1
t~rr.e by sa~d M061GAv:E. because w~n ~~r rvent oi ~h~ la•wrr on ti~e pe~~ oi ii~a s,, d INORIGAGOR ro duty. pranpdy artd f~lly pe~fo+m. d~scharge.
.._:;,rr, efizc~, ca~F~tea, to.nply wnh ~~~d ab.da by rach acd every ~he al~pu~ar ons, ayr.-emen+s, co.~ul~t~a.s, and covenanK of ss~d p~o+russory note a~~d ~his
~~r~age any or e~ehe~, ar.d sa d costs, cha.ges a~~d expenses, racl~ and eve:y. sh~tt tx: ],nrned~atety doe and payab!e; w•hether w r+ot tF.zre 1x not~ee ds
cu~: attempt to co~cect or wit pencl~~9; a~~d ~tu fu1~ a~r.o~ni of re.h a~.d e~ery wcn Noyn,ent sbat~ bea~ intereat f~om the date thereof c~til paid a1 the
~ a~nE per ic~:~m ~~•r an::u.n; end ~~I sr.~d :~sti, cha~yct ar+d ~a;.~ri-s ~M..•~td er p~Sd, togethtr ~v~th Such ~nteteft, ahall be secured by the I~en of tha
~rge~e.
^ 6. That (a} 7n the event of a~y breach of t!~~: b!orrgagc w drf;,~'~ un the f~r:rt of the MORiGaGOR, or ;b) in the event any o! ss;d s~ms of money
~Prein refrrred to be noR pio.npNy and 1~':y pa~d within tn:rty 13.~ da~s nc.<+ a~r•.~ ihe aa-ne severa:ty becur~e due arW payaWe, withoul demand o~ notice,
r;cl i~ thr e.e~~t er.ch ~nd every t6e sn;w at:c~s, e9rrerocnn cend;:~o ~s anr~ co,~rnanes of sa.d prom.iwry note a~d th~s matgaqe any a trther sre no1
nra.~pily and fuily prr(or~r~ed, .i sci~rg~ d exacut•_d. rfiec*ed. co:r.i,;e:ed. co~~•,:::r3 :r,~h and a:: J:d Sy. then in e~~he~ or any wch event Yne uid ag
_a~*e sum mennoned in said pro:n~ssor~ ncre then re~::a~~:,ng w~pa.d. w:+h ::~rC•e~t acr..cd. and ati mone~s secured herrby. shail becwne dve and pay-
fcrfhw~rh, or fnzreaitr~, at rhe epncn of s3•d 11t02iGAGtE. as fu,.y co~T.r~'.:~e~y as if a~l of thr sa~d wms of money were o~g+~+tly s~~pu:ated
~ t~-~ pad on svch d~y, anyth~ng ~n sa.d pre+~~tacry nore e: in th~s t.!::rtg3gs tc thc co+urary notw~thstaredmg: and thereupon ot thereafte~ af the option 01
s- 1:.QRTGAtiEE, w~ti:ovt ronce o~•~^a"d. s~it at 1aw ur :n eyu~t~, ~he~et;;rr o+ th.~~rcai~er begun, mdy be Qrosetuted as if all moneyl secuted h~teby
.i :n~rvred pr.or to us e~s~~tu!~on.
7, Tnat in the event ihat at fhe br+~:::n;t:g of or a~ any t~,re pc~~o:+9 a~y s~•t ~q.o~ this Mort~a9e, or to foreclou it, w to reform it, or to enforce
,...,,_nt of any c: :ns n~~eu~•de•, s~~d :'.OR•TG:.Gct ~ha~i a~.;.iy to ~hr G~~•r! ha.~rg ;„nsd.c~ioo therrof tw tM apµo~ntment of s Receiver, such Court shali
~ ~~h a;.~ ~nt a~ccr~:e. ci iaed ^ r~yeyr~ ;..•o, .~c~ a~d s~•:~~'ar. ;:,c ~~,f ng ali tnd_ Sii>gu~ar t~~a i~:come, prol~fs, issues and revenves from whateve~
J~~n.~d. r~cr ar.:: e:ery of ~~i.:ch, G..•,ng ..:;.rr,s y c~ide•s:or~. .s ~e~aoy n.rxtg~a~ as it spec~irca!:y set (orth and desu,btd in the gransing ar~
_•,dum c•ause: hrreot, ard s~ch Rece~re,- sh.,': n~.•- a`1 ~ne br~zd a• ~~•:i t•-.^ ~c_ c~ts ..nd po+e~s in anywise entrusted by a Cov~t to a Recriver, and
aap:.incme~:t sh,ll be ~r:ede b~ svch Co;:•r as an ed ~l~:~-d ~qv1:; e~•d a~~•~~*~r• c~ ~i:s:~:~~e nyht to sa:d MORiGAGEE, and w~sheut referenee to the
:.,.::ty or ~nad~q,;acy of ~ne vaive of t1~ p:cp.r.ty ~no~~a~yr~ or re r..e s~.v = -~~~~~Y sa~d N10RiGAGCR a the defendants, and ~hat s~ch
•s. ;,rof~:s, incorne, iuvrs a~x+ :ever.~es sFro! be ap;~~~ad o'! a.:cn R=c~'"':` ~~;~"°•'9 » the :ien o~ equity oi sa~d MORiGAGEE and the practice of suth
r.
~ ! ~ f ^y.
8_ io _i-_:t. prcT~!.'y ar.d i~:~Y perfo~n,. d~scnarge. eaea,te. e!'ect, co,np:e:~. or , wirn ar.u auiSr u to~i~ b~.it i.Ei t~M^. . .•~_•-^f=S. 3•L¢:r~^rttS.
c ns acd c•~venauts ~n s-, : promnso: y rc•e c. ~~n:s ;,•~.r. s=• -o:::,.
9 T6a' :r th~ eti.,^t •he ov,;ne•<k~c, o! Yr- ,•.:;r!g,y_•s~ E.re : se>. or a~•: ~.art T~cr. ~f. tecorsws vested in a person ot~~er than the MORTGAGOR, t1+a
, ;..av:E ~•s svc-c~..•s ~c:~i ;s: ey. +.~:no,:~ ~ .ce ~o i~,~ ` ~.1j-"'-+~. ~'_A. . ~Itl CJ:h svccessw or wccessor in interest with ~efere~ce to this
•.;_~e e+-d ~',e d-o~ r.._~.~i~, ;c:~,.,d ;n v c ss:r,c c~~ a> •t~ .o: :`.~~t ~n any way vit~ating d d~stha~gi:ig the Mortgagori Gability Fxre-
o- ~pon rh•- d~•: ~>~~r~:, f s_..-c~ ~e s~•~ or ;.r.: ~,i-~s h•~ .,~.y ~ye~ a:-d r.o 4orbearance on the part of tl+~ lAORiGAGEE a its successors
,,.,i~,s a:.d +,o ex~z..s.on of rh.. :....c i.r rh.• ;a;•r,:~r of r:,.. ,...ur !..c.E:v sr<•~r~•c: g•.•~n by the fdORTGAGEE or ~es wccessws or au:gns, ahall operate
_~s?, ti:stt~a•ge. r~yJ~fy tha•~~e or aE'ec' +i~~ c~:g.~,..". o` r*:° .':i ~;vAGOR ~~~~rein, ei:her in whole or in parl.
10. !t ~s s~,:c i:c:!~y ~g-erd rhar t~~r.c ~s c' t'~e essr~<r o~ tt,•< cocc~a:r a:td that no waiver o( any obligation hereunder w of the obli9aYan sr
; ..d hare6r s!-a!: aa a~y ti~.e th:~eatrcr b~ !~c'd te 6~= a wr:..~. o: s F.F•ec4 cr oi the instrument srcured herby.
11. s_~. fo~enc. c.,,......se or ~r:d sr r.•cv :.•d b~i r4ie p~om~ssory no~~ xcured Fx~ceb~. mortgagar covenants
~ ~r.,~s fo -:o-:qa,•~e v.~nc ~•:+ch ~^c,.•h~y G1;~•@'1} ar c:ti r.cr,al ~,;m ;t•~•- etee b'/ mwsg3gee to be equai to 1 12 of the an~ual msr of fFw follow-
n--A.. r.,.. ,-,~~~tr s~,,s c~ assra;_.i ayi~~:5~ Ni-: ei:ove d+:,_ J..~a: es?ate.
i•: s c:, a~ d,.:~:ds•~,.;,. .ns: ce c. rrd r_ c~~a c? .n~;.ro.e~+sa~s s;t~a:e on the abave descr~bed p~emises.
~ _p-:, , ,1 , s c:, ~_ch ••.o::~,_c,r q:.: .ry _ _ ~ s' i ~ ;rc • . 3eem fit to carry on the Soan secu:ed Fxreby.
+,t?,• _ . i,~~, .o • r;c~ i; o•• ::q_••.. .,r~~., of _ ard p~~'ahte hereunder and such ws~ ska11 i.1CiLYP0f1 be due and
j o!~_ .._z r:. ei r~._ .._<t ,-c~m:: ~;dlc s, c••:s~.e -o:~~~+ r.~.c•afr-. u~ ~i~ n.ortgagee sha41 not~fy morrgagw oE a cha.-~ge in such
I , r+ S~ch s~:~:s et a.~ 'tr a:._::~cd L•y rn~rrue,:, :o:.n•p t•i•_ p~y:. rnt cf rea: p*o,.e.*Ty tnxes, insura~ce pre:n:ums, a~~d mortgage yuara~ty inwrance
~ti :ifTPit:,~ '.'.H_~i0~, •.e s~:d S'.i~KTG.r.vvY has h^re.: ~fo set ius h~r.,~+, a~~ sea~ the day and year firsf aloresaid.
! y 5 ~
S:gned, Sea!ed and dclivered in the presence of:
r ~,~-h.,.~ cs~.n
~ . - - ----T . 'fl'S~rr . (Seaq
_ ~ 1A/J ////i~?1 //A/O/,~~ ~i i ~c ~Ct ~ ~ L.~.. _ r (Seaq
~ - - - - - - - Gllifad rT. : ,Sea4
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_ . OP FLORIDA
r•r oF ----St ._Luc ie ~ ss
BeScrc me persona;~y appeared ------Ct1a1Ze8 ~~1i~5 and
Glinda _ H_~1ims _ _ h~ wife, to me wrll known and known to me to be
~ ~~:J;v~d~a;s descnb~d ~n ar:d who exec~ted tF.e ~orego~:.g instrument, and acknorv:edged before me that tFey exetuted the same fw the pwposes
•~.n expressed. And ttie sa~d_~ _ GI111~ f~. N101S
of the sa;d _ _~harles R. H1Z1S vFon a sepuate snd privste
• ~,at;on by me t;Ran sepa+ate and aoa•t frcm hcr sa~d husnand, atknowiedgec7 to and before me that she execuled said enstrumeM freely and volurr
. ar:d w:*F.out e.-./ cc:r.pa:sean, co ~strai~t, atp:ener.s.o~, or fear of or frx.i her sa~d h~sband.
':~ITt.~SS my hand ard o~fiua( zeal 'n~s_ - 8th------- _ day of--- `Tu~y A_ D. 19 74
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Notary P~b~ic in end for th._ State o lorida at L~rge
My Comm~ssion exp~res: ~ 0 3 c-~~
ReTUr~ To:
)
- rsr Fcderal Sa+~:: js d. loan Ass~ti~t:on
Cf fcrt ~oe. .
~ Fi~EO eM:~ REG°"~ROE • -
~ Fe.r D~erce. F:c•=c:3 ST. WC;E :~JuMTY FLA- :
ROC~t~ FJ~TA?S C . ~ " !
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CLERK CI~.:.UiS COURT j~r+.t
RECOnC Y~G~~~EQ ' '
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ihis Ins!rument Pre ared B Robert A. SNishef Jr. f ; =
P y ' Ju~ 9 I 43 PM ~~I ~
F~rst Federal Savings ~ ioan Association , '
of Fort Pierce . Flo~ ide V
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Cnecked By ~ • ' ' ~
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B00lc PACt 14~~ ~
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