HomeMy WebLinkAbout1426 Tp place and conrinuousiy keap on the bv,'d~ngs •:o« w herrai~er ~A~e~~ on t~~d land and on eli eq,iwne:~l and penw~ally covered by ~hi~ mortg-
e~e. w~th all premiums iF~r~eon pa~d ~n f.,ll. t.re in~~r.nc< <n the ~w~: a~ond~~J ~,.,';cy torm, ~n a a~.n ap~n~ad 'eT the MOR~G:~GEE. a~~d w~~clsto~m
~~~s~raoce ~n the ~sual s~a~~darJ po;,cy for:n, in e w~n aYprovYd by :hc tAOR1G.tCaFE, in svcA canpany o~ ca»pames as ~hc MGRIGAGEE may
d:rra; an~ all (ir~ and w;adstorm insorance Vo,~c~.s on •~~y oi s+.d t,~~:d.~~ys. ony int>raat therei~ or pa~~ ~h~reof, i~ the eyg~egate aum ~4oresa~d w
~n racrss thercroi, shaTl co~ta~n tr~r us~~~ etond.,~d mw~g~gae ci~uae ar s~ch otM~ r-+use as the A!atyayea maY rrqu•re. m+k~n9 ~~~e ioss wula sa~d po~~
c:rs each and every. Ps,~u:e to s.~~d A1JitIGAGiF as .:a ;ru~•r,s~ r~~ay aNr:ai, a: d~..ch o~:d e~.ry iutA pu~.cy st~~;i ~e promptly sas ~~,ed a~,d d_~~.ered ro
~~:r h~'~d by se~d AIORtGAGiE aa iunher sccur•+Y ~o s~~d mw~g~3e d_ot, a~~d, no~ inss tlan trn (10) da~s in rd+„ice ol the e~p~~a~~o» ol each pol.ty, 1o de-
:,.rr ro sa~d MORTGAGEE a rt~tewa~ ther~of. tagFthri w~th a rrcc~p~ ior tht prrm~:.m of suih ~c:~e+v~l; end ~hrre shall be ~a Lre or w~~~dt~o:,n insuranc~
p: ~ced on any oi sa~d buildinga, aay interest there~n w~,art ~~~C~CO~. V'~~~51 in et~e fo.~:~ ond w~'h ~he toss payoble ~s a{aeaaid; +r.d in the r~en1 sny sum
ot ~:oney beca-nea paya~ ie vnder such po:~<y a Fo~~c~es sa.d I~ORIGAvEE sh,ill hora ~Aa oyr:on w rrceivN and appty ~ha sa~ne on acco.,:+t of d~e u~t~rd-
:::~~s secwed hereby or ro perrn~~ se~d IAOR~G:.GORS to rea•i~a a~~d use it or :ny ;:a~t t1,:~ aof fpr c:r..r p~~: otics. .,.~e,o~t ihr•~ u; v_,. .r ~•n~a~r-
~n~ any Cywty, lirn or n~ht undcr or by ~i~t.,e of tt~~s mo-ryagr: and the evenr sa.d A~JRTtiAGORS sh.+H :o~ any rcason fail to kcrp t6e said prem~srs so
.r,s_~~~d, or {ail ro de:wci promNily a~y of sa.d poLc~rs c1 l~~su~a:ue to sa~d ~nORiG:aGEE, cr i,i! pro~npriy to pay f~il~ any pre~~~wm the~efw a~~ +~y ~
r~•i~ ru fail to pe~iorm. d~schary~. ea~tu~~. :'~rct. ca-+~p'r~a. co~-~p.y w~~h a~~d ab:de by th~s cov~na:ti. w any part hereoi, sa:d A1GRT;,AGEE may piace r,d _
r~, lo~ s~ch insurancr or any part th~:eof w~rhavt waiv~ng o~ aii~criny aoY av+~an, l~en, equn~. or ngh~ under or b~ virwe of this Mat9ege, and the
amo~nt o( tath a~~d e.ry s~ch p?t:nent sh~ll tx ~mmed~atcly due 3~~d Fw~YaL'Ir er~d s?:ail hear ~nter~st from llm data theieot vn~il p~~d a~ ~he ra~e ot
r per cemum per a.,-~u~n ..:i.! t.y:ti~:•r H~:h w:h in:e'•_sc •Su~: ..•.u:.~ i~y Ihe :~en Of th~3 m.~ttgagc_
1. To pe:+z~it. Nmmit or sufler no waste, in:pa~rn:er.i o~ d-tr~lor~~~.:~~ af aa~J p:c~.erty o~ any ~,ar1 ~hercoL ~
5. Tu pay a11 and s~r.gu:ar the costs, ci,arges and :xre~»as, inciud•~:y a reasonab!e a»or~eyb (ce and coats of abstrscts of tit?e, incurr~d o~ paid ~f
„.;~•,c by ,~~d 111pRiGAv:k, because or in tha event of ~t~e fa•.crt cn ~ik p~n uf ~he s.,:d h;G~:GFCsOR tc d~~y. Fro.rpr~y and f.,:ty prr}orm, d~scharge.
.:;,tr, eifect, twnp:rte, co:np~y w~th and ab.de by e~ch and rvrry ~he St~pu:et.ens, agrrc.~wnts, co~tl~uons, a~+d covenanb oi said pran~ssory note and ~h1s
::gr e.~y N e~~her, ar.d s~.d costs, cfia~ges a~d eapenses, rach ar.d ev~ry. aha~t ba ~:~,r~~-d~atr'y d~ and payab!e; wl~e~her or not there be no~~ce dr
at:e.r~t ta :ottect or suit pend~ng; and tlx (~1! a:*w~nt oi each e~d e~e~y su:h pa~mrm shall bra~ mtcrest From the date thertof un~il paid s~ me
ri;~er per ~enWm H.>r y. on4 ail sa~J cosri. cha:3as a::d ~ yes :.~~rrrd or ~:a~d. tex3ccher w~~h such iNe~ast, shalt bs sec~red by the I~en o1 this
__..!a~~s.
6. iha~ ~a) in thr event of any b:cach of thia t!o~tgage or d.rfau~t on ~i+,: p.+rt of the A'.ORSGAGOR, w;h) in tfie eve~t ~ny of satd sums of money
~,~-n reErrrrd to be no~ p~o~~~{'t!y ar.d f:l~y pa~d v:~~h+r th.rty i3J~ dars next ai~~r ti~e sarie ae+ara:ty beca»e d~e and payable. wilhout demand w notice,
: ~ in rha evrns rach ard e~c~v The sti~w:ar~or~s. a9recments. co~ri:s~o ~s a~d covene~us uf sa.d prom~swry noro and ~h~s mo~tga9e aTy o~ e~sAer are no1
.._•o~epr~y an;.+ ~uti~ pe~fo•:n.d. c? sc~•er3•:d e~eu:tcd. eiteci~d. to:e::.;c'•:d. ;r ,.F ed :•..~h and a: ~Jecf `:Y. tF.en in e~thet w any svch eveM ~he sa+d ag
e wm me~~tioned in sa~d p:o~~~~ssory note then ren:ain:~:g u~~~a~d :.~tn in!r«•~t ~c.~.._d. and a:1 ~ranrys setu:ed hereby. shall betome dve and pay~
-r.h,~~tA, or ri:erAafrer, at ~h.• c~~r~on o~ ss,d '.tUR~JAJCE, dl tu,ry .+~ui ..,^p~rt~:y as ii all of th~ sa~d sums of money vicere org~~u~iy shpu:ated
.•`~:.:.d on s~~ch a~~yt!~~~:g ~n ~::i p~J:o:ssO~y r,orr or ~n u,:s L:~:san~~~ ro ~::~r co:u:ary nota+~hstand~ny; and thereupon o: thereafre~ at the ophon of
s. •::"!RiGAGEE. v.•t}.o~t rotiC•_• o~ cerria~'d, s,~+t at la:v C~ in eq~~.t~, sh:rr'orc w 112er.-siter bc~un, may be prosecuted aS if all moneyl SKU~ld hNlby
~ ~ .',:red p~~or to ~ts ~nstl~ut~on.
7. 7t~ar in the even! tha! et ~he begfnn;ng of o~ at any +~~na ~xnd~~ 9 a~y su r ~rcn ~f„s htongage, or to iweclose it, w to reform it, or to enfo~te
•r~T of any c'o.:ns hrrru^d.,•, so+a .',O£iG:.:,cE eha': ~Hply to ri,~• Cor.t h~.;rq ;~rr,ci.~:.on tf:c~•.uf for thc appomnneM of • Reteiver. s~ch Court shaH
. ~.,~•u a recer.er ef s.~d mortga~~ci t~i e:' a:d sd :Zv:a•. irc.cu ~^d s, :g~ ar tne ir.tome. proi~ts. issues and revenves from whateve~
i~•:~:ed. eacn a•:.: e.ery of .vl;:'~. ~t t,~ ..g ,~:es~y w.or:s'coc1. a ~crc:.~ ~•e,+a,g•d as ~f apx~ficaily xt fonh and dtsetibtd in the grannng and
:,,-r, c~uses hrreof, and svch Rcce~.•:~ sha+; F:.a e,: f~e tr~~,ci ~~•:d rf.'cc•:.e c. a ~~zd puwers in aoyw~~se eott~sted by a Covrt !o a Receiver, and
pc~n~me e~ shall ik made ~y Sctfi CCw. t a: a~ a~ •:~"_-d eV.:~cY ~^a ~""}ter o~ a~s:,,,;r~~ ngh~ to sa~d A50RiGAGEE, aRd wrtheut rcferer+ce to the
;y :x ~nadrGoac~ nf .rr vs:ue oi fhe pr~F,_rry ~r.c•tgaycti o~ te si.r s~.._,cr e* ~ '~~~c~ of said h~ORiGAGOR a the defendants, and rhat such
: roi~fs, incoc~,e, ~r.v_n a~~d re:er:~es shaS! br ap.,~.cd o7 su:h Rec_•:+e. ac..:.i :9 ~o iF.. ;;rn ~r eq~~ty of sa[d MORiGAGEE and the pracrice of svch
_ J. 3 To du'~. Frcm,:t:y ar.d iL~~y ,rrEo::•i, d:;ci•arge, BRtC.~>•, CfFf:i. CO•••:.:='!r. C,-:'.v~J v+~:th and a~~de by eath and every tl~e slipuiations, agrcemeNS,
.~~s a~~d c~.enants o.a,d pron~sso•~ ~o~e :,rd ths r.:_,c~,sr s,r ~o:•~.
9. 7F:a~ i~e e~^,t :s.e o.,.~ers~.r cf tf..: .rcrt~ac.•d F:;e..a_•s. or t:.~rt t~cr.~cf, i:eco~~es vested in a perwr+ otSer than the ldORTGAGOR. the
. . -.~E_. :n ~,;cc, s>--s ..•.d rs~.._:-s .:,a;. ~r. :~c.,~ , .'.c.: :::t. dca~ ~.v:~h svcA successw or wccrssor in ~nterest w~th refe~ence to ihis
~ ~ dnc,+ tiie J ~ +'c r~ s~ u ~ u. v _ ~ . - • ~ ~~+~.at.n~ or d~sti+aroino the /Jlortpa0ors' lidbility hert
d
or ve.on +h, d~e r,_ r.. N~ s~ a c t•.~e f-~~.~ ~s..s 1. ,.~,•.~~g~•d a. d r.c ~ferb»r~nce on ~F,~ part of t?•e !dORiGAGEE u~ its successors ?
i~~s a^d e.!_~ s:o:: of r~e F-';::'~•:,f .=9 +.i:'- s-•c~":d g':~•n by ~he MORTGAGEE o• ~ts successor~ or ass~gns, a::all operate
d.scha~ge. r-ctf.fy cc.,~ ~r a::ect c. c~~~.._' iEa_ rt.,o~ .:UtiiGAGOR i~rrfn. e~ther ~n whole or in part.
10. It is specf,:,~~~ ag•~~: d st.~~ u•,~a u,cf esse-'~ s co• ;r~c~ z~~d '~~at r.o waiver of aoy ob!:garion hereunder w of the obligation sr
_i hareby s~a:: ;.r a^~ r:-.e rr._rea!cer be :.'d to t^ .:cr ~•r.s ~.ereot c• of the ir.str~ment setwed herby.
I!. 1~. ,:ici s.' : _ . . , - ~ •'s o• ; . _ . . d • s. rc~ by Tf~e p.onrsicr~ ~o~e securrd hr.eb~, mo•tgagar eovenants
.,~S r~ p,y to n:o-iq , .°~s , _ b: moctgagee to tY equa~ ~a 1' 12 of the om~a1 cost of tha follow-
:~-J-.~! rYa~ ~.rG"^_rty Wn2> ~c~~:~_G O: ~s5eS5~.., ut~f. ~5' ii'~-~ ~i.J~'r dc;(r~LtJ rE31 e:c*~!>_ _
, F, ,_.s ~ i:r~• ,.•,o v.-^:is•_.r r, ~s o:•.•i r.~ 6•- re' d c tn~ ~,.:ov~meots s::uate on th^ abova d°stribed premises.
- _p,t, , , s oo :.h'•• ,~e r~, a~; `f: ~ ~ .:s .:,c•? .c ~ i . . - •o r,r d~~c•~n fit to tarry on ihe loan sCCwed herehy.
v -~.•J, .:a , ' ~F~e •,`..a:^.• U~2 a: C~ P9y3~J~G he~eundar and such s~rn shall ~hereupo~ be dw! and
':.Of:^yo.:~-t! 5 ~ ~.~1 T~:^.C C C . :3... ' ,.~,3 .
- o~ :h.- s~~~~ ot . . a 3 _ c'•s_;.•::~•e ~cr:,h rc~~r_af•„ vr.fi~ mort~3gCe shall notify mortgegor of a change in such
_ . S~ch :..ns sh:'+ :r aep`iad i•. r=~-c'.:3_... 'c::.'-d ;'~•.'e^c of re,~ ~,r.ce~t> '3.:es. msurartce prem.u:^s, and mortgage g~aranty insurance
s.
VISP+ES~ ::H:RtO~. !^e sa;d 1:•~%".~G:. -C2 i,as F~~•fe~~'~ se- n~s h:~.d zn~ se~i si.e day ar.d year ii~st afwesaid.
ned Seated de'~: .ed ~n the p+esence a`: r'~: -
~L: ` LL.~C z-~ SeaO
i o 4~ta"shington ~~a~~
~ - - .Ui, C ,q
' Willie Mae Washiregton «a~
~ - O~ f10RIDA 1 -
SL . I.tiC16 t S5.
rY Oi _ ~
~ Before me perso~al~~ appA~.ed _~li~~_Sel,~shinaton ' - a^d
__{~1111@ ~e Washington _ h;: W;f~_ to me well known and known to me ro be
d.vidva:s descr.ced in and w t,rd ~ fwe c n r~r.~ r and acknow.edged before me that they executed the same iw the purposes
t'~fi"i`~`~ie ~lae `~Ia~sh~ing~f'dn
• .•e'n expr.ssed. And the s~id___ - -
o' rhe sa:d C11IIOR Washington , ~~on a stps~ate and p~iwte
- r.a-~on b~ me taRen se;.a~ate ar,d anan fro~n hcr sa~d hus~and, a^,kno~i~iedged ro and kxfore me tFwt she executed said instrument freely and volurr
ar.d w'hout any cc-~~~:s~on, coris+~aint, appre s~ r~/or frar of or fr.:m her sa~d husban•i.
~FL Ju 1
:'dlTtiE55 my na~.d ard ofi~c•.~' seal thu-- - _ of- ~ A. D..1974 i
- ' ~
~ P:otary Pubfic in and or the St of fSw' at larga
~ My Commission expires:
~ Rr~v.^ ro ~fi4~5 '~~a'~`"~S
F~dera~ Sa.~r.gs 3 io~n Assac ~'.on
,r_,.f Fp•: G =~c_.
Fort v~er:e. Fic .-S-~ Ej) ~ .
T~EIDICIE G9vNTY Fl~- ~ - • • • ' r }
s 'L ~:r : :.~~1A$ . - . " -
Ri ~ - ~UtT ~OU~T ' ; ' .
CLE~R ti1s. . , ~ , - .
This Instrument Prepared By John W. Collitl5 pF~nR+` . . ~ ' r
F~rst Federat Savings 8 loan Associatian ?ly - . ~ ~ " ~ - _
of Fort Pierce r FloYida? _l'~ ~ ~ 43 QM ~ 1'1 ' -
W~ G=•: ~.:r~, .
' necked By~- - - '•i J„ ~ , ~~~f~•~r.i .
i, 7.~ . ~ •
. ~/.~~,r:r~~: ' . .s ~
go~K 229 PAGE i425 . .
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