HomeMy WebLinkAbout2729 ~o piica and ca~tin~axwsly Lcep on the bu~.d~'~9s ~~oar a he•ea'ter s;twte on s..~d ta~xl and on all equ~p~~~aor and perso++alty covcred by th~s ma~g-
e~r, w~tn all prem+~~ns f4~rrrun N~:d ~n ivll, firr ~na~rsr~~e ~n tha ~s,.+i sti~ul~~d po'~ty fo~m, in a aun~ a~.Wared b~ the MOR~GAGEf, and w~ndstwm
~wrance ~n ihe ~sual s~a~~da~d po:.cr for~n, in a wm e~•pro:rd by ihi NwRiGA(SfE, ~n ~uch tumpa~y w con+Pan~es +s ~M MORiGAGEf rtuy
d rru; and all I~re a~.d +v.~,ds+orm ~ns~ranca po~~urs on a~~y ol s..;d b.~~id~ngs, any ~n~e~es~ thejeio w p+~t rhereoi, in the agqrryaa sum a~wesa~d o~
in e.cc» ~hrreof, ahall :~ta6n t1~Q ~wnt ataidard mor~g:~9re Na~se w such other ~Ewse as the Mwegagre may rcqu.r~, maling the loss u~dr~ ts~d po~~
c~ri. each and rvary. Pa~aL:e to sa~d 1tJRiGAGtE as ,~s n~<«st ~ray apN_ar, and ~•o:h e~.d e+c~y such yo ~cy shall be pron,p~~y ass yned d11d (IdLYNfi'C~ ~o
e~i he~d by seid MORIGAGEE as fur~har secunty io said n:c:~ga~e deot, an), ~ot 3eu than ~.:n (1~1 d.~~s in adv~nce o( fhr exp:u~~on of rach poncy, to d~-
;,.rr to ~aid A10RiGAGEE a ren~vaal thereof, toge~hrr with a racr~pt fo~ ~Ix p~r~~~~~m of such re ~aao~: and ther~ shall be no fee or w~~*ds~onn inwrance
p~3crd on any of sa~d build~ngs, +ny ~nterest thrrtin or pa~t tin~.-of, un'~ss ~n ehe forn~ and wr.h tFx ~oss payable af ato~esa~d; and r~ent any sum J
o! ~,oney becwr+es payable vnder s~ch po:icy w uol.c~rs sa:d A1ORiGAGfE sAa11 hava iF~ opt.on to reca~ve and +pply the s+me on account ot tAe indebted- .
c~-ss arcvred he~eoy cv to permi~ sj~d MURiGAGORS ~o receivt a~~c1 use n a a~~f ~•t uee ~-of ~cr c:n•_r p~~t ~scs, .r.~hc~t ~h~~~o~ ~~«iw~'' ~
,ny equ~ty, lirn w r~yhl u.~drr or by virwa of this ~ncrayag~; and in the rv~~~~ aa:d .~1JRTGAGURS shall io~ any roason fail to kecp the s~~d pre~oisrs w •
~n~~c-d. or fail ro det~ve~ pranptly any of sa~d pol.c:is cf ~ns~ra~ce 1o sa.d A1CRiGA,:•iE. or f.,i1 promptly to pay fully any prz.n~um tAcreio~ w in any
~~•s~~~a fa~l ~o perform, d•sch..:ge, eaecute, rffe:~, cw~~ptr~e. co.f,ply w;th and iL:Jc by ~!~!s co.~e~~an~, or any parr h~rco(, sa~d MORfGAGEE ~+ay piace a~d
fo~ such ins~rrnce ur any pan t1.e:eoi v.L•hout vtai.;~y w affrct~~g anY OFI`J~l, I/CI\, PCiU:fy, or r~ght ~nde~ w b~ v~rt~.e o( th~s Moirg~ge, and the
i ~+,:ovnt of each and e~ery such pay:n~~nt shi!: be ,m:ned~,,r~'Y d:,c and pa;~b•e a~:d shetl baar ~nter~st frcxn the dafe thereo( until p~~d at the rate ot
: i~.t :••ni~m n@r arin~:~~~ ,•~d to7_•:f~..rr .~~'IYiuc~~ L~te;ci: SF„~i ...v.,:•.d i:y tht t~rn of thii ~nOri9dg2.
4. To ptrmit, comn•~~ or wfier no wastr, u~~pa~nnrnt or dct.r:o~o~~on of sa~u p:operty or sny pert Ihermf.
5. io pay a11 and s~n9vlar thr costs, charges and exF:e~ars. ~nu~a~~~g a rrascnabie anwney's (ee a~~d costs of'abs?racts of tiNe, incurred or paid at
r by said NQRI~AG`.E. because or the cve:~t of f!~.• fa::~re on ~ix psrt ot ~he s~id MORiGAGOR lo duiy. P~anpNy and fully per}orm, dncharge.
_,:,,r~, e(trcb comp:ete, canply w~~n and ab:dr b~ r~:fi and c.ery rbe s~~p.~:a~~ons. .+g~.e~~~r~~rs, co~d~~~ais, an~ covenams of said pran~ssory note a~~d ~his
~ge a~y w e~~her. acd sa d ccsn, charges and rapr~s~~s. e~ch ar+d every, sha~; be in•med~ate'y dur and payable: whether p not thrre be no+ice dr
1~,f, at:e~~~pt ro co.iect a svit pcnJ~n9; a~~d tFti iul! e~»u~nt oi each e~~d e+rry such paymeN sha{i bra. imaresr from ~he da~e the~eot until paid at the
n:ne pe~ .~•nr~m F~•. o~~•w::r, .,n~ at sa.J usts. u~a:~rs ano ~,~rs~ s.r.c~lrcd or p..'d, t.~ether :v~th such ~~~serest, shall be srcured by the Gen of th:a
•o•+qage.
b. That (a; in tlx event of any breach of th~s A1o~tga9e o~ d.~'a~'t cu~ tlx p~rr c+ ri,e :10~TGAGOR, or ;b) ~n the event any o( aa:d sums oi mo~ey
~•rc•[n refe~ract fo M not proa~ptly anci f~'ty pa~d w~rh~n th,.ty 13:~! da~i ne..~ a•r~r ihe s~me s~•~ero::y Ixcome due and payable, wi~hoW demaod or oo~:ce.
c'• in !he r.ent each and eve~y the u~pu:anc.~is, agreements, co~~c c:o •s and cove~e~+s of sa.d prom~saory nore and th~s mwtgage any w either are no1
. r.rarutiy an~ iui~y ,xrlormed, d i_her~:d, eae_und. ~•fiet•rd co~~.~.:t.•~d. <c:r~_. rd :•.~~h and aC•cieJ 5y. then ~n either w any wch evenf lh! sa~d ag
~~••,;a•e sum mentionr.d in sa~d p.omissory ncte thco ~e~+:a~n~ng un;:a.d. .~~~h ~+~r<:<,s uv:,~d, end a,1 moneys secured hereby, shafl becon:e due and pay-
~ iorthwlth, o~ thtreaher, at the o~r~cn ci sa~d ;:.C~21Gi~GiE, ~s f~,~y a~:J c~:nc~c~c~v as if atl of the said s~ms of money were org~nal~y snp~Eated
t.:• cad on svch day, am;Th:ng in sa.ci p~c'~'~ssery ~wte or in ft,~s b•.~•cegjg~r to ti•~ :o~.~-ary noe,v:thstand~~g: and therevpon w thereaftm at the option of
i~ '.'."ORTGAGEE, wrtFout no~.ce er dcmand. s.:~t at lex~ o~ in eq~~+y, th_retore o~ tL•~~rr.,i~rr bcyun, may De prosecuted aa if all moneys secured hereby
n ~ maWrc<I pnot ?o ~ts inst~tu!~on.
7_ That ~n the event ~hat at ~he t~g:nn~ny ~~f or at any f~me pe~a~~~g a~sy s~.~t ~,:c~ f~~~s AbrtgMje, w to foreclose it, w to reform it, or to enfwce
,~.~-ent ol any r~:,~u he•eund>~, s~~d At~;QiG%.G:t sha t.;pY:y to th•• ~ovrr 1~...• ~ g,v,~d :s.u:~ st:..reof for the appo~ntment of a Receiver. such Court shail
•..~th appo~nt a re:e~.er of se:d rrrtgr~ed prcpt~sy a;i aid s~::y-u'ur, i:x.~~ur~y ~ s: y~'.•r ti•t irto~~e. prof+ts. issues ar.d ?evenues from whafever
, derived. e~ch ar.d every o+ v~h c!+, rt e= ~r:g ~ x, :ess y ~:KIc~St.Cd, ~S rc r~ ~_~-d as s~xc:f~ca~ly xt fath and dese~ibed in the grannng a~d
~ •:;'~m c'.avses he::o~. an~ wch Rece~.er aFe;I t~:+r a:: :h~ b~.~ad a*•d r~~c<'.:r -~.s .,r~d pov.ers in anyw~se eotrwted by a Cou~l fo a Receiver, and
npo~ntr.:cnt shall br ~aade by svch Ce~:•t as en a'1~~i'trd eq:+ily ar•CI d'"a~'=f ct :<:'ute r:ght to sald MORTGAGEE, ind without ~eftrencC to th!
.;~cy e+ ~nadrq~ac~ o; t!:e vaE~e of ehe propr~ty m.orig~~ed e~ ~o s:,.-r~•yo u~ :-sc: .,n:~ or sa~d IdOR~GAGOR or the defendaa~ts, a~d rhat such
•s profrts, ~r~tome, ~ssues and rerenvts shaN ce ap;.~ied tj such Rec~~._~~ ~~~-:9 ti,e lieo or equit/ ol w~d MORiGAGEE and the pract~ce of suth
~ _ -t.
B. Tc dv'Y. From;:r:y and f~itY i:er!orri dsthac?e. r.te:~t~~, eifc:t. r.~-p;:-Te. c.:..~,:~ v::th and abide by each and eve?y the stipulations, agreements.
_ 'i,' cns ard e:.ven3rvs i prc~ms~o~y ~c,•. 'n:s ;:~y_~ s~•t f~r:h.
9. T?.ar ~n tha e.^.• ;he or.nz•:`:`t =.f .~';9: F~r-• ses. r~:r ~:ar: in~,•.:ef, becomes +esitd in a~erson ottier lhan ihe MORTGAGOR, the
. , ,A;,:=_. its w~c~ssc:s 3-.ri as::~+~s. ~ •.+y. 'n-_~ 'o ~ _ - d:•~~ •.~~h s~ch successor or svccessor i~ interest ~v~th reference to this
- ~~g.: a~ 3:ne d_i' ~:rrri;y s~~,~r._.o in,!i.e se^.ze ~..~''rr~ o: r.l:n ort~. ~c• +`~t•.~ut in e~y vvay vit:ating Or d~scha~g~~g the Nlottga~o~s' liability here-
or ~:.on rhr d_-t>~ ~.,.r<:•y ;ec~ re~ s. ~ c.r ii:_• ~•:s~s h_~~b, rnor~g,;grd ard no fo~bearance on the pa~t of the lhORTGAGEE a its successws
7~s and ~o e.•e~.,on of ;h<• !ro~_ 4.~r :i:r } aJ".~ •`•f r,' ~3~-~• n~~••t:, s~~c.:r~~d g~~:en Ly ihe MORTGAGEE or its successws w ass:gns, a~wlt operate
,,,ce, dsc}:a•ge, ,•.odei~ charg_ o• ~ffect •^e o•._.• , :,ti of fne A'.C~CtGAGOk fiere~o, either in whole or in part.
lU. Ir ~s sperf~c~.=y ~~g'e~d r1,3e n~^e ~s cf t:ee_ esse-: uf +?-:s co,:ract a~~d ti:at no waiver of any obt~yaf~on hereunder or of the ob~igat'an se-
•i h~re6y s`•a:. at an~ !~^~r rbereai:er i,e r:ei-S ~c C~- a v:~,.~~ ct th~ terrns ~~~~reof er of the ir.stru:nent srcured he~by_
jt_ " :o:_-;:o.~^ ...s o` f =•';1 , ~•o The p+om:isoty no!e sccvrz~d hcreby, rno:tgagor eovenants
. c~ _ . ,
~.•.5 ;u ro ~c •...•n r~-'~ ~~~•F'~ a•~ ._.,al s::•,.~r s~• ..~.•ct b~ mortgigee to bc~ equal to 1 12 of th? ann~al tost of the foliOw-
~-i~: !•.l` rrvj'~=!}y ~dR~S ~c'~:~~_:: ~55CS'~i: .i..~i.St th!~ 3:-^+Z dESi'~'.::~ r•:Si f5~~72. _
f : c: „ ; o-, :,re a~,J .v.:-dsr~, .r.s: .,s , ~:;..r,~~i ~u o•~ ~_ar:~.~j e th: . ~roveme~ts s;fuat~ on th~ a5ovc desr~bed prem~ses.
~ _
~ ~ s ` _ vy~' . q~.j = 'S , ~ , . ~ •o cieem (~t to carry on the foan secured herebY-
o 1~ „ ~ t:•~ _•,T ~i ~r and payab!c hereundrr and wch wm snali thcreupon be due and
• o~ ?n_ o;~^ e* r~> ~:.r d•.d e.~= s.:~c°ss~.e o'-h :~-.:•~af~ •r u~.t~l mcrtyagee shail notify mortgagor of a thange in such
Svc! wn; s''a'i L•e a~:~~'~~ _ ,••."y~~ e'~•• ~"`i 1'i•' ,r•e;:r: n+ of re>.'• or_~.ert~ !axes, insvrence prem.ums, a+~d morigage guaranty insueanee
::~.s.
" tTr:' "S " N cOF,~ihc. a~d l. ~kiGi.G::;R i,as h_~ce~~~'o se' n;s h~::~ ~r.d s•~.1 the day and year first afwesaid.
~$t ~d d~live in e presence of: (7~ ~ I~~_ _ 1
Q.~J.~ J Sesl)
~~;~~v~~~~1__ -
z~ ' ~C~,c_ ~L~_ 1~'~'_`- (Sea~
~
' • c .c ~ . t u ~-'v (Seaq
- - _ - - - - ' (Seaq
' _ ^v~ FIORiDA ~
u.
_•,:*,r oF I_ucie------- ~
Philip Harrison s~
Baipre me perionail~ appeared
ga rba ra_1. Ha r r ison _ t,~: wife, tc me well known and known to me to be
.:.d;v~dua~s descnbad in and xho exec~trd th~ foregoing i~strument, and acknovr:edgcd befote me that they execuTed the same for ihe purposes
•_-_•:n expressed. And the sa~d_-_ Aar~ra I Harri~on
ef the said ~~l}Z Fta rrlSOil upon a separate and p+ivate
~ n;!~an by me ta~en separare and aoart iro:o her sa~d husoand, a.-knowiedged ro and befote me that she executed said instrument freely and voluo-
• ~ acd wthout any co.^+p~'sion, co~:strair,t, aFprE%~erts n, or fear of or f~a.n her said.h~sband_
r
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'.iiT~vcSS my hanti and offic:a! seal th~s..~_~_. day of_-__ _ A. D. 19
~ ~ <<_ ~ ,~~_L~~~-' ..k- : L . ~
~ otary Public i~ and iw the State f Horida Large
~ ~My Commission e:pues:
~ Re'~rn io: FILED AN~ ~~~~ROE~ /',j l/' i~'J`
,sr Fede.at ~a.+~:3s d. Lean Assoc:at.on ST.IUC~C ~f1UNTY fLA.
Oi ;c.: P.. rcc. RUC =:•T*1r15 ~
~ ~
Fo.r P~a*ce F~o•~~~ CL~RI~ CI•.4.3ti .,vURT , i~ S~
RfCOR~~'~1"~i~ • /`G'
~~3~ .
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Ju~~~ I 2~PH'?'~ ~ :ricr,~~r:;~.
This Instrument Prepared By Robert A. 9wiSher ~ r. ' do ~ y'
~ . ,
F~rst Federal Savings 8 loan Acsociation r, p~ - - -
of Fort Pierce , rloridd 33450 `~~3~.J J$ i r
Checked By ~ ~
$atll( ~ PJ~Gf 2~~
csw
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