HomeMy WebLinkAbout2948 J. To ptace and cominuwsly ktep on ~t~e b~~'d~~~9s ~~o~r o~ hrreaiter i:t~,~a on ~a~d ts-xi and o~ alt equipnen~ and psnonatly cove~ed by th~s mx~g~
+ge, wi~h all premiums thrrea~ pa~d ~n fvil, f~re ms~~ance ~n tM us:,nl u~~riard po!~cy form, in s wm ~pwo.ed bY_ the MORIG:.GEE, and wi~+d~+am
;rwranc~ in the uwal stand~rd pol.cy lorm, ~n a aum approvrd by iM MURTGAGEE. ~n such comp+ny o~ compan~es as tM MORiGAGEE may ~
d~rcu; •~x! all fire and w~nJstorm insvrao:e roGdts on any ol ei.d b~i~d.~gs, ~ny in~erest ~Ae~ein o~ part thtr~of, i~ tAe aggrryN! tum ~fwese:t! w ~
~n r,ecrss ~hrreof, sh-+~~ c~~~in ~he uwal aiond~~d mor~g.+gee c:ause w i~ch orhe. cl,ose as the /datyagee m~Y reqv~r~, m~?in~ ~he lou W~N s~~d polt ~ ;
c~ri, eacA and e~ery, pa~ab'a ~o sad A1uRTGAGtE as .~s mrc~~-st may aryear, and ~.,,h e~~d evr~v su<h pa::cy shatl tx ~uorr,:Ny assgn~d u~d d~:wrred ~o
en~ held by u~d MOR[GAGEE as tur~ha~ iecunty ~o sa~d ~~:or~gagr J~•ot. •~~d. nat lrss ~fwn ~zn l10) dar: in aJ~ance of ~F+e eapuat~on uf e~ch poi~cy, ro da ~
~.er ro sa~d MORiGAGEE a rerwwaf thrrrof, ~oge~har w~th a reca~pt tw ?F+e p~rn.+~m ~f such r~~xw~i: a~d tht:e i}~ail be oa fut o+ v.u~JSto,m ~~surance r
p~scrd on ~ny of sa~d tw~id.~~gs, any i~teresl ~here~n o~ pa~t ~her wf, u^~~-ss ~n :he 1c•~~~ and wi~h the ~osa paysble as afo~eaaid; and in the e.r~H anY sum ;
of n~o~ey bKO~nH paYaS}e ~nder wch pa~cy o~ pol:cias ia:d MORiGAGiE shall ha~e ihr oN~.on to recriw ar+d ~ppty the same on +cceu:+~ uf ~he ~ndabrad- ;
ness secured hereby or ~o permit ta~d MORTGAGOQ$ ~o reteive and uu it or a:~y :~:•t th~:rof ior ecn~•r pwfoscs, ...~hout ~h_~~u: w•:..~,`7 ~^'.'u~~' ~
~n~ ,~ny lqu~ty, I~en or r~ght undr~ a by virtue ot ~h,s moc~gage; and in ~F?e e~e~t se.d A10RTliaGORS ~h~11 fo~ any reason iail to keep ~he sa~d p?a~n~us so -
.~~w~cd, or fail ro dei~vcr ~uor:,p~Iy any ot sa~d pol~c~rs of ~nsv~.+~=ce to se.d MORfGAGEE, or f,.~t p:o~~p~~y ~o pay fully any pre~nwm ~tie~elw a in a~y j.
rrs~au fail to prriorm, d~scharge, exec~rr, eifecL c~up~rra, co:+:N~y w~ih and ab~de b~ ili~s WYEnd7t, a any part hrreof, ssid MORT;,AGEE may pi~ce a•~d _
o~y fo~ such inwr~nce w any part thereof w~~hou~ wa~vi~u~ w atfecrf~.y any opna~, Grn, e~uny, or righr u~~der or by vir~ue of ~h~s Ma~gage, and tht .
t nmo~nt o[ each and evay such p?ymem shaA be ~n~~~ed~atnty d.,e and pa~+h!e a•~d sha~i txe~ ~r,teres~ from the date ther..wf u~uil psid at the rate of
e p;r cenrvm per ann~m and ?o~rfi~er ~.•hh w:r, ~nrcr~•sr t~,au c~e set~~ed by IF+e ::en of th~s mat9a~e. ,
To permit, canmif or suEier no wasta, impair~nrnl w de~c~:oro!~cn oi sa~d pro~ty w any patt thereof.
S. To pay all a~d s:ngulsr tF+e cos+s, charges and ex~~e.~srs, ~nct;,d.ng a reaso•~ablr attanry i(ce and cos~s of sbstracts of ~itle, incw.ed o~ p+~d at
ehr,e by sa~d MORIGAGEE, brcavse a~n thc event of tne fa~r~re on the pert of ~Fie s.,;d AtiORiGAGOR ro duly, pra.nptly and fuUy perform, d~uhsrge. :
,..~c„te, ef(ect, cc+.:p:.ta, canply wdh and ab.Je by ea:h and eve+y Me st~pe:m~ons, agrnnnenrs, condit~pu, and covenants of ss~d pra~~+swry note a.~d this ;
•rgag~ any or either, and sa:d cos~s, ch~rges and exprnses, esch a.~d evay. sha~t t,r ~n.med~ately due and payab:e; whethe~ w no~ thero be nouce da ~
,1, attrmpt to Co1tKt M s~it pr~~J+.+g: a~rd ~he full mnoum o! e~ch and every avch pay~n~m sha~i bear intx~es~ f~om~~he date thereof umil pa~d at fhe ;
n~nr per crnwm prr ~n,~.,:~.; a:i;: ~11 sa~d cosis. v:a:g.s a^d capars.:s :r:cu:red e: p~~J. iogether w~th such tnterest, sFmll bs tetured by the lien of this
_~~rtgage.
6. Tiwt (a) in the evenl of any b~each of this Mo~tg'agr or defautr on the p~ft of ~he A'10RTGAGOR, or ;b) in the evenf any of ss:d sums of mw~ey
1~~~e~n referrrd ro be no1 pro~:ptly and fuHy pa~d with~n ~huty {30i days next a~fer ihe same severaLy become d~e +r+d payable, without demand w notice.
~r .c} in the event each and evr~y the st~pulaiion:, agrcemems, cor.daie:~s and covenanr: uf sa.d prom~swry no~e and th~s mortgags any u either are ndl
. promptly and F~iiy per(ormed, dscha~ged eaecur_d, rife:ted, canpie`rd, co-•;.~.ed +.•th and ar~ded 5y, then in edhei or any such eve~t Ihe sa~d ag
~:ata wm mentia~ed in sa;d pran~ssay ~ote t~en rrnwinin9 ~r.paid, ~v~th ~~trrr,t ea~+.ru, arul a11 moneys secured hereby, shall bacome d~e ~nd pay-
!crthwith, or thereaSic~, at the opnon ot s..•d hIJRiGAC~EE, as fui~y and CWUp.Ei2~y an ii a;l of ~h~ said sums of money wtre ongina:ly stipu:atcd
b~~ pa:d a~ such day, anyth~r,g in s~.d promlanwy nore or m this A!onga~c to ~he c~~tra~y neta~thilandmg; and ~here~pon w thereafte~ at the opt~on of
s- '.10R~GAGEE, v itho~t no~~.e or demand, su~t at larv w in eq~rt~. ~he~efore cx !I~erca+ter 6eg~n, may be prosecuted as if all moneys seCUred he?eby
r:,. cia~ured pr+Of to ~ts ~.sGtuhDn.
7. Thar in the evenr fhat at the bry:n~:~^g of or at anf t~m. ;.end:r~ any s~•t u~cn s6is N!orfgage, o~ ro foreclose it, or to refo~m it, o~ 1o tnFo.ce
.:nt of any Ne,~ns he.c~~:d-_r. sa!d ~.tJRTv:~::-cc sha'i ~vp!v » it.~ Co..~~ h~.~~~y i.:~~d.u.~~ t~c+eo1 fov the ap~w~roment of a Receire~. suth Cour~ shail
.•.,~rh a;:.o.nt a r~,ci:r~ of s::~d :r:r.t~.=g~d p:c,~.~ty eli ar:d sic~,.:a~. ir.u,~a.~•g ~:i inguiar the ir.come, pro(.~s, issues and revenves irom whatever
denvcd. e~:h a~~ti rvery of ~r,'..h be,^~J e..F••rsi~ti cnd~~s:ovd, ~s ter_i~ n.c,:s_:-,gtd aS if t~lC~lieally x~ fo~th and deser~bed in Ih! granting and
i_•:,c~um taoses h~~r~•ot, a~d wch Rece~v_~ sha;i h,j.,; a~: th_• broad 11~C}jr~:K~•LP f::~i: _:K er:d powers in anywise eatrosted by a Court to ~ Reteiver, and
,i~ ~ppointrne~tt shai~ be made ty s~ch Cc~rt as a~ ad;~~~:t~d ey~:ty ar.d a:^~tTer oi a~~v~vre right to said MORiGAGEE, snd without ~eferente ro the ,
,.~_,;~vcy w inad._~qvar~ of the vawe: of the prc~r~y ~:o~rg;ged o• fo ~he so,ve~cy c. ~:~>~:vrncy o) sa~d MORiGAGOR or the defendants, and ~hat such
e. proiits, i~corne, issues and re.en;,es shail be appt~ed oy such Rece~ver acc..rci. ,g ro ihe lien w equity o( sa3d MORTGAGEE and the practice of such
~=,,r1.
8. io d~'y, p~o*-~p~!y and fv:~y Fe+Sorm, d~scha:ge, exe:ute, effecr, comriere, o~^ F'~ vr~rh and a5~de by each and every the stipulatiora, agreements,
..,;;ens and c~vcnanss in sa~d prom~ssory note a::•j :h;s n:y.tg~ge set .`crth.
9. 7hat ~n the ev~~t the ~wrersh~p oi tF.e rnortgeged prea:~ses, o: any part rerccf, ceco:nes vested in a person other than fhe MORTGAGOR, the
:`^r'G4GEE, i~s wccessurs ar.d au~gna. may, w~:ho~r rCt~(E +o ::.7.i:,~O~. d_a: rh s,,ch successw or successo~ in intere~~ with reference to ~his ~
~~q3gz a~.d the dzot ta reby sec~~ed in tne same n:_nr.rr as •.v~:F~ i.'.:;rt)agx ~~th:~f ~n a~y way vit~ating or d:xharging 1Fx hlortgagort liability hertr
~ or upon the dc•o~ hcrei~~ secu•_~ ho s~:: of fl,e ~ re~~ ~ses h~•r..-b, mc~~gayi•.~'. a~~d uo fe:i:eo~ance on the part of the MORTGAGEE w its svttessors
~.~ss;~~s ar,d no eu'e~sion of the tune i~r ~he Fay:r.e;~t ef t~.e c,•~t ne~c6; s;.•curce! y~.•_•n hy Ihe IJSORTGAGEE or ~ts successws ot ass~gns, a;.all operate
..-;ase, d.scti:arye, moJ,fy char•qr or or'ecr tne o~ig,~:a: l~au.:.ry o! 1:."vk1GAGOR i~err~n, eitlxr i~ whole w in part_
10. It is spec ~~ca;ly tgrerd rhar t~•n•~ rs of th~ rsser.ce of th~s co•ltracf >•~d that no waiver of any ob~~gation hereunder or of the obtigation 3~-
c. -ed h~rebl sna~: ai any time tnerrafrer be n~:d te be a v.a~.rr ef ri-.e ter•ns hrrecf or of the instrument secured herby_ '
i
i 1. ~..;:i:! , r~ ?t.~ io.-_g; ;'v ^ss c: 3~~d s~ ..,q~,c~ d!:y the prom:sscry nar s.~vred hereby. mo:tgagor covenants
iyr~QS to ;..a~ to n:orrg~c:•~ Nti~l BL:~. m,~^.•C~,'r ~n na! s~...~ :.s..., c:.' n; mo:tgigee to be eyvai to 1, 12 of the a~nua! cost of the tollow-
A-A• r.vi property ta,c:s ~r1~c~ or assac.._-.i _y..~.st 1h_ ao~ve .icsc:~ofd r,al .•s:ste.
5 F: ~:,s c~ f:~-: and :~~^OS1J~+n .c5v'_ ~:e •f5 i~~~~ r ~:,,rcd to b~~ ca•r:e d c. +~r~ ~r'proveme~ts s~tva*e on the above descr]bed premises.
r-_Pn_~'-~v:- z c:~ w:6 n.;r. ::qe ava-;•~r, ~cs~.-a~ ~s ~._•:.;:yee sh3+; r~re to :I•r~ deem fit to carry on the Ioan secured hereby_
h~wigagee sh;; frem t6-,r to th-e noi%'. n~e<tg::gcr ~n r.~?~~.g of the arro_~-~t ci~r and p~yabte hereunder and svch sum shal! ihereupon be due snd
h on ;ti: ioc ;ie.t= of r.e~t .,.~~~F•, :,;y:r.~ ard c..cF~ S~ccesvve -~o^;%~ s:,_ _ai:cr u:.tii mertqagee shall rr~tify mortgago~ of a ehartge in such
j S~cF. s~.^s s~• j': !~e a::p:~~d by mo+!ye~~re tc:.a•~ the {`dj:r?r.! ~f re~~ F!cF°rt•; *axes, insvrance prem.ums, and mortgage g~aranty insurance
' ,~:s_ ~
i I~i V ITP SS `..HER~Of, rne sa~d M~i P.vOR nas ' ~-,to sar i~~s ha~.o and seil the day and year first aforesaid.
~ S: , Sealed a:d d:+e t esrnce of• ~ r~ ~
~ ~~v~ ~Seaq
- - - . rt~
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- ~~j~ sl . ~L~- a0
~ ~:7 ~t - - - lc:L9--- - 1'
e ra ine M. 1 ams
- .~!~e OF FLORIDA ~
u.
tiTY Of Nd C t 1T1- ~
Before me penonai~y appeared Aibert H. 4~1111Ql1d5 and
_ GQYal(~lIIe M. l•~illiams his wife, to me well known and known to me to be
_:~div~dva:s desv~ced in a~d who executed t?~: ;~.regoing in;trument, and acknow:edged before me that they eaecuted Ihe same for the purposes
~~•_•e:n exprcss~_ Md tha s~:d--_- :raldine M. W11118~n5
..°c of the said - Albe=t N. W1111an5 upon s sep~att +nd iv~te
~ naron by me t~ien sepa:ate and apart from her sa~d husband, etknowledged to and befo~e me that she exetuted said ins~l~~freelyL~`qlj+o-
f a.:d w:thaut any caTpu~s+on, co^stra~r.t, aop:e ns~on„qE fear ot or f*om her sa~d husband. :•~-~.~N~~~' '
~q ~
LVlT1~~S5 my hnnd and offic:al seal this_ 4c! day o! A~14F~ J
~ , • -..V . -
F N a ublic in and ipj -the SUt oT id1 ? e. , 11
k My mm~ssion expire~1O~~Y R+!~, Slo?~p~fl:r'• o ct lor~1~ _`q
Rewm To: Mp Conir.iss:on f~pKCt ~j~~;e iZ11
~~st federaf Sa.ings S loan Associ~t~or ~nded br Aa~~'
Of fort 'r erce. '
Fort Pierce. Flo•~da _ '~~~1/~~~~~
f1tE0 ~'~L~aDE~
S~.l11CiE^ur:~NeZASLA. ~
R..G^"_ ~
This Instrurnent Prepared By Gaty R. ~iltrood ~~EFK ^•C c?' COt,R?
First Federal Savings 8 Loar. Association PEr~p~' ~~'~`C
of Fort Pierce ~ Florida ~ 24 ~n
Checked By `F_,•~ !'39J
BOOK~~9 PAGE~9~
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