HomeMy WebLinkAbout2942 To p~+c~ and ton~invous~y keep on rhr bu~'d~ogs ~:oar w hereafre~ s~tuete on s.,~d iaod and on alt equip~nero and perionaUy cove~cd by th~s mat~
ege, wrtA all prtmiums ~hercon p+•d in fv1~, t~tc ins,.ranca m tik ~sw1 stend+rd pol~ty form, in a sum apwovcd b,r Ihe MORIGAGEE, and w~nds~wm
~r,s~ranc~ in ~h~ uswl s~s~xl+~d poi•cy fam. ~n ++um a~roved by ihe MORFGAGEE, in s~ch company or canpanies as ~he MORiGE?GEE may , r
d•~cct; and all firt and w~nJstwm i~suraocs po~iclrs on any ol s.?~d bu~~d~ngs. any intereet therein or part thereof, in the ~ggrc9ate sum alaesaid o~
~n e~ccrss ~he:eof, shalt con~ain the us~~~ sra~•.dard mortg~gee c~ause w wch o+Fx~ dsuss as tM Ma~gagee may ~equ.~~, m+kirp the loss v~+der sa~d po~i-
c~es, each and every, paynb!~ ~o s~:d A~JRTGAufE as ~ts in~arest m~y appear, and each and everv ~uch po!~cy shall be p~omptly +ugnzd a~~d drl~vered ro
eny held by sa~d btORIvAGEE as furthar setur~ty ~o sa~d n:o+~gage d.•b~, ar.d, not tess than ten (10) days ~n advance ol tF+e expua?~oo of each poGq, to i~-
i~~er ~o ~a~d A10RTGAG~E a rc~xwal ~herrof, to~ethe? w~~h a recr~pt fa the prr~~~ivm oi such ~erie+~ai; and ~hrre shall be ao firc or windstorm insvr+~ce
p!eced on any ol sa~d bvild~~gs, any i~terest therein a pa~t tha~rof, ~c~~ss in iha fcnn and wiih ~he lose pay~ble as a(oresaid; and in tFK evanl any sum r-
o+ n:o~y becomes pavab~e u~drr such policy or p~lK~es s~;d MORTGAGEE ahall Mve ~hn op~~en to ~rceive and apply the sa~ne on accouro of the indeb~ed~ j
nrss secv~ed hr~eby w ro ~xrmit sa~d tAORTGAGORS ro re;r~~e ar.d ute it or any ,,.rt ~i~r:cof for oih^r purposrs. ~vi~ho~t ~h_~~uf .va~.~.~g c~ u~~~wir-
~n~ a.~y eqv~ty, Gen u~~ght under or by v~r~ue o; ~h~s ~w:~gage; ar+d in t!x evcro ia'd 11'lOR1GAGORS shatl fw any reaton fail to keep the sa~d premaes so
•~s~r~d, or fail ro deiiver pranptly any of ss~d F~;!c~es al ~~~su:~~~ce to aa~d A50RTGAGEE, w iai! ~xomptly to pay fully ~ny prem~um thernfw a in a~y
rct fa~l w pr.forrq, dncharg.;, exri~te, effect, ca~~p:r~r, comQty w~~h and ab~de 6y ih~s covanant, w an~ part hereof, sa~d MORTGAGEE may piace a~~b :
for suth i~suranC! or any parl thercof w~thout waiving or affectin9 any oyti~, tien, equ~fy, o~ nghl undr o~ by virtue of this Mwrg.ige, antl Iht i
~ a~rount o( each a=x! every s~ch palnxm shalt kx 1~.vneJ~atety d~c a»~ payaEte a:xi shall brnr imc~cs~ from the date thareof until ~id at the ra~e o~ !
r prr trntum per a~i~wm a:id tJ~:•ii.r/ ~n~th s~N~ ~.i:<<.,-s+ eh.;i~ c.~~ sec~r~~d by the I:en of th~s mo~tgage. ~
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To permit, tommit q suffar no wastr, imp~~rment o~ detzr~orat~on ot aa~d Hrope~ty w any pa~t tAereoi. '
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5. To pay a~l and singvlu the cosh, cherges and expr+szs. :~ciudneg a rease~~ab!e attorney'a fee a~d cos~s of abstrsds of fi~le, inturred w paid ~t
:•.r :i~^r by sa~d MOR1GAlacE, because or in the rvr~u o4 ehe ta:~we o~ ~hr part o! ~he so~d MJRTGAGOR to du~y, prompdy and fu1ly perlorm, d~xharge.
..~:,fr, effcct, comptrre, cornply v~~~h and a~:de by sacti and evrry th.r stip~iano~u, agrer~T~nts, conJit~ons, and covenants oi said protn~ssory note and ~his
.:~•g.+~e any or e~~her, and sa~d cu3rs, charges a~xi capens~:, each and every, shail be im~~ediateSy d~e and payab!e; whetht~ o~ not there be no~~ce d~
•„~~.i, auampt to cotlect ar suit penJ ng; and ttro fu:: mnoum of each and eve~y sucfi pa~ment ttwli bea~ interost from the date thereof untii paid al the
nu:e ~Xf CCf171,T p.e~ an~~~~r, ::nc ed aaid c.:~ts. cna~grs a~,d c+r~r.s~-s ~rc~~red or paid. toyettxr w.~h such interes~, shall be aecured by the I~en o1 thd
~ r:gege.
G. That (a) in the event of any breach of th~s Mo+tgage o~ de:av:t on thr part of the h10RTGAGOR, or (b) in the evenf any of sa:d svms of rrwaey
hr-e~n reEerred fo be no? promprly and funy .~a+d .+~rh+n thnty (3J1 da~s ~~exr a~ter ihe same sr.tra:ty become due and payabte, without demand w notice.
_ in ~hr evr~v each and every tne s~ipu;a~icns, a~rcements, conci:~~o~~s and covenants o! sa.d prornisawy oote and thEs mortgage any w either are nW
p•omptt~ and f~~:y ~~erlon~~d. ~i sc?~ar~•.d: e.aecvted. etfrctrd. ca•,pieteq. cc~rr.`:ed :.nh ar,d ab~drd 5y. then in dthe? o~ any suc6 event the sa~d a¢
,:~a~e sum mem:oned ~n Sa~d prom~isory ncte ~hen re~~au~~ng ~:pa~d, wi~h inrerc>> acu..~-d, and att moneis secured hereby, shall become due and pay
: forthw~th, a thareaft~r, ai :nr o~•:o~~ ~~f sa:d A!ORIGAG~E, as fu~~y and comp:etr~y es if a~! ot the said wms of money werr a:ginally snpulated
oa:d on svch day. anytti;~:g ]n aa d pro:n~uory note o: in tt,:; N.ortgage to tn_ conr.ary not.v:rhs~and:~~g; arx! thrrevpw~ w the~ealter a~ the opt~on of
R~~~TGAGfE, w;Th~vt not~ce o• de•: a~.d, s.:d at !aw er in equ~*y, th~r~f;,re o~ ltkrcaff~~r btgun, may bt prosecuted ~s if a0 nwneys secured he~eby
] ;.~ar~rcd pnor to its inntitut~on.
7, Tr.ar in fLe rre~~r that ar ~hr ~.•g:no;~~g o} or at ~~y '~~~•e pend:~ g any su : o;:on shts Mortgage, or to fweclose it, w to reform it, or to enforce
•.e~t ot any c~~.•~: ~.•+eurder, ss d:.•.C:R?v':G_c sha ; pey fo the Cour~ ha,~ ~•g ,..~.sd•i~.w~ ~he~eof for the appo~ntment of a Rece~ver, such Cou~1 shail
:.~rh a;;poinf a re.r•ti~r of se~d +ro~tgogecl prcpcrt~ a!t and sE~:.3u:ar, inc;.xi.~,g and s:•~j~lar th~ income, profits, iu~es and revenves from whatever
>,.e dr~i~ed, e.:.h and evrry of ~vt~..h. i.t:rg c<press:y cnde~ucod. is Fe:=o~ mc~~a.~g_d as ~f speufically set forth a+~d drxtibed in the g~anti~~g and
. e~-dum ciaoses her?pf, and wch Rcce~rrr shal: h.:.r ai~ tht kxwd and rfiec!:.e fc•~r..ons and powers in anyw~se entrusted by a Court to a Reteiver, a~d
,;h a, poinrment ahali be ma~ by such Co~rt as rn ad:nitted eq~~ty a~.d a rar.er u` eoso+vte nght ro said MORTGAGEE, ~nd withovt rcference to the
_:_a;,,cy or inadeqvacy af the Ya~ve of t!x procerr~ .aortg~ged or to fi:e so.v~•:., ~r .~~>as„~ncy of said IYIORiGAGOR or the defendann, and that ~uch
~,•s, prot:ts, irtomr, isaucs an.1 re.en~es ~heil be app~~ed by wch Rrterver a.:~rd. ~o the lien or equ+ty Of said MORTGAGEE snd the p~acticG of suth ~
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8. To du!y, pzo~*+pt!y and fuily perto~m, discha~ge, eRecu•e, effect, co~r+p'ete, ce:~~;.:~ w~th acd abide by each and every the stipvlations, agreemeMS, :
~-d~tiens a+~d coveo.~nts ~n sa~d promissory r.o~e and th:s mo•iy3ye s~t io:th. !
9. That in the eve~t the cvrnersh~F~ o( ~h~ mcrtgaged prern~ses, or ar.y p.vt ~hereef, ~ecomes vested in a perwn othe~ than the MORTGAGOR. 1he
.`2~GAGE;. ~•s s~cc~ssors ar.d ass~~ns, r.ay, ~n:r~~o.,+ .•ct.ce s~ ••.e A':~RT~A~~., drat a.~h such waessor or succeiso~ in interest with reference to this
-•',~~}c ai:d ti~ d:~c! f:~.rn'/ s~t~red in tne sa~r~ n:anr..•r as +..~n .!~r!~~~or ri~thout in any way vit~ating W d:Hharging the bbttgagort' IiDbilify h~r!-
or ~c,oa thA d_•b! h_~e:,~ :ecurc~. t.a sa:e of :he ~:er:s••s ~:_nb, •,~c~tg~ged and no forbearance on the part of the MORiGAGEE w its suctessws
g~~s and no earer;:un c•` ihe v~. e fo: rhe pa fm~eu o~ u.e ti-oT F, •!,y sec.~red g~ven by the f10RTGAGEE or its successors or ass~gns, shall operate
c~- e_se, d.scher9e. mo;i~fy cnarge o. ai~ect the o::~.nal ;..a~ i.iy oj +~e 1:;;RIGAGOR hereln, either in whole or in part.
10_ It is spec~f::ai'~ 3CJ~Md rh~r r~~ne ~a o( ih> esse^ce af tl~+s co:aract e~~d that no waiver of any ob69at~on hereunder w of the obligation se- ~
c,-zd h.~~e'oy sha!i at any tirt~e rhereafrer be he:d ro be a warv.:r of the terms hereuf or of tiu instrument secured herby.
I l. In a:id ~.o : so the fwrgo y•~ix'Fd-i pa~r„nts of ~rfr:: ~al a~ cf ~n•er•_s~ reqa~~ed by the prom;ssary +wte secured hereby, mortgagar covenants
,g•ees to r~y ro r:c-~~~ ~gee ,.;rh ~•ac-. ~::c~,:h:y p•.,; :r~~r an «~i~.;~v:!~: SIIT ea':.•.a~ea b~ r.wrrgsgee fo be equal to 1/ 12 of the annual cost of the foliow-
A-:~4 rcal F:opers-; ta.+s !evl^c: or sssastcci ,~3~•:si rh._ a':.ove d-_sr.::~d r_at es•.,te.
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5--Fr~~:~v:ns on f]re a~ui w:.:ds~o~~, msuraccr as hr•e~r+ r~q~, •ee+ ro be ca•r~~d en nc~ ~mp.oveme~fs s~t~ate o~ t6e above d_svibed prem~ses.
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'i ~-Pre:~~~n s on ~;xh ma t~sge g~a~a~itv ~~s~'ar,[e as .~+u•.3a~ee s}~311 frc~n t•Te -o r~~r:e deem fit ro carry on !he loan sec~red hereby_
`:'.ortg~~ee s~~:: :o '~°~e ~.c-f,ag:• r. n~;r:ng o'. :ha :,--o_•~r d~~~ a^d pa~abfe hereundrr and wch svrn shall thereupon be due a~d
on thc doe cr•~- ci ~ ~.t ~..c,r.*..; ; z~,..:.,f a„d , s~ucs~~.r • c•,h tf.c.caf~.•r ur.fi: morrg3gee shatl notlfy mortgagor of a charge in s~ch
SucF s~~r.s s~.u.' :x apf: lec! by n,•~*~ys~ e i~::.a•d t~,e F.~,..:e~~i of reai i,.~ :e~ty rjxes, insurance prem:vms, a•~d mortg.~e gva•anty insurar,ce
_ ^-s.
It. ;71TP~E~S i4HcR_OF, the said A:GRiGA:,JR nas h_re~,to se~ nis ha~ d and sea! :he day and year first aforesaid.
ned, $e and de:~vered in tt.e ~~esence of: `A~
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t5eaq
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--f~-- - , ~ (SeaQ ~
- - - - - - ~d~~~G 7~ ~ ' ~ t ($!an i
ie . R lc on +
(Seaq
~ Of FLORIDA )
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:';iY OF LuCle--- - (
Betore me persona:iy appe~red ThOldclS B• Riehnond a~
_ _ ~C~C1@ 8. R1C~'1II0I1[~ his w~~e, to me well known and known to me to be
::drvidua~s descr~bed in and who eYCCUVed tha fore3oing instrument, and acknow~ed~ed before me that they exec~ttd the same tor the purposes
~_-_•'n expressed. And the ~a~d_____-_-- Jaekie B. H1C~laOD(~
of rhe sa~d ThOIIdS E. Riehmond opon a sepsrate and priwte :
cat:on by me ta:cen sepa~ate and a;,art from her sa~d hus6and, ackr.owiedged te and befwe me that she executed wid instrument freely and volurt- '
; ar.d w thout ar.~/ COT.fiU~S10~1. canstra~nt, aparehens.on, or fear of or f:orn her said husband.
:~iT.++ESS my h~nd ar.d oFF;.;el seal th~s_ day of `JUly A. D. 19 74
a Public in and fw t State of fb+ids at Lar e
y ~OmmissiOn e7[puti: C±~/ ' /l, / f~/
QC}Uff1 TO: v
r:st fedzral Savirgs ~ Lojn A:soc~~':on Z8~?492
Of Fo:t ?~:ce.
. , ;r, J ~ • 4 I-
Fort P:arce. F".o~id~ ~ ~ J ~t'
E~~EG a~~° YECeROEO - _ _
st.~uc~c ,:~u?,TY f~~. . - : r =
FlClr -;iij1A.~! .L) ~ ~ ~
:R .:li C~URT - c.~ = ~ ~ .
This IRSlrurnent Prepared B{'iary F. EllwOOdpf~l~:~ ,-4!=,cr:s.~..~ - -CQ~•
~
F~rst Federal Savings 8 loan Association _
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of Fort Pierces Florida J U L l~ a 23 a~ '
Checked By Q R ~ e~
B~OK~~?~a~ PACE~,~7'~
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