HomeMy WebLinkAbout1530 To place and continuously Aeep on fhe bu~:d~n9s ~ow o~ i+c~e~fier u~u~t~ on ss~d ~~nd and w+ a~~ equipmenf +nd pe?sw+sily tover~d by ihif rnwt¢ ~
ege, with ~II premiums ~Heteon Ha~d m tull, 1~re inturancr ~n Ihe usual standa~d po:~cy lorm, in a fum approved bV ~he MORIGAGEE, •nd w~~datwm
~~~surance in ~hs uswl standa~d po!;ty 1orm, in a wm appro~ed by ihe MURTGAGEE, in such tomp~ny a co~.~p+mes ~s MORiGAGEE may
d~rec~; snd all fir~ ~nd w~ndsiorm ins~rarce po'~c~e~ ai +~Y oi sa~d Fw~•d.nys, a~Y ~~~er~st therein or pa~1 ~hereof, in tM aggreg~te sum afaesa'~d or •
in exces~ Ihrrcoi, shall contain Ihe uwal standord mMig•:ges clauu w such other t'ouse ~s th~ Mo+~gagee may requ~re, mak~n9 tt~e ~oss unde? s~~d pol~
c;es, each and every, payable ~o aaid MORIGAGEE as ~ts inter~•sl may app~:ar, and eoch o~~d rvrry svch po'~ty ~hali Ix p~omptty assgned a.d del~vared +o
eny hetd by said MORiGAGEE as (urihet sec~rity 1o aaid mort8age debt, jnd, no1 .efs t1,an ten (i0J da~s in ad~ance oS the eapir~l~on t`) eath pO1Ky, fo de-
L~er to sa~d MORTGAGEE a rcnewal thereof, together with a reteipt for ~he pre~•~~.+m of such ~e~ewa: and there st.all be no f~re o~ wl.dstorm insurante
p~jced on any oi said bu~~dingf, any in?e~es1 there~o o~ pa~~ lhrreof, un~ess in ~ix form and w~~h ~t+e ~oss payabie as afo~esaid; and in ~he e+en1 any wm .
of monay bc~canes pavabte under such policy o~ po~~cies sa:d MORiGAGEE shall have 1M Opt~On 10 ~eCrwe and apply tAe same on +ccoum of ~M inArb~ed-
r.ess secured hereb/ w to pcrmil sa~d MORTGAGORS to ~rcnwe and use il or any p..t then~of tor o:i~~~r pu~}~oses, v.~~i~o~t th'•eJf 'NL~~1~~ or unpau'
~ng any equity, lien o~ r7ght u~der or by virtue of this mc:'ga~e; and in ihe event sa;d MO~2TGRGORS shali for any reason iail lo kcep ~he sa~d promiscs so
~~~i~rcd, or feil lo de~~~o+ promptiy any of aaid poLcirs of ins~~ance to aaid MORiGAGEE, a fa~~ Pr~mptly to pay f~ll;• any premwm therafw o~ in +~Y
respect fail to perform, dncharye, execute, e~fect, compie~e, co:~.p~y wl~fi and a5~de by ~h:s cove~a~~~. w+ny par~ hercof, sa~d MGRTGAGEE m~y p:ace a~d
for such insurance or any part thrreo( w~thout waiv]ng or affecring any opr~on, iien, equrty, or ngh~ coder o? by virtue ol ~h~s Mo~tg•~ge, and tht
amount of each arx! e~ery such paymaM shel! Le ~~n~aedvtely dve and paya~'a and ah~ll be~r inter~sl trom ths date thereof until pa~d at the tate ol
c pet tenturn pC~ annu:~, a.x1 ro~etr.tr wrth s:,d~ inr~•res! shau i,a s.~c~~i•d F:y Ihe Gen of th~s mortgage.
4. 7o permit, commil or suffrr no waste, impaitmenl Or dz~_nor~t~en oi said F•cperty or any pa~t thereof.
5. To pay all and iingular the coits, charges and eape~s<s, ;nciud!ng a reaaonebk attwney's fee and cos~s of abstracts of title, incurr~d o~ ps~d s~
-~:y tfrre 6y aa~d MOR1iaAGfE, kxcause or in ~he event of the ia:;ure on ~i:e pan of ihe sa:d N40RiGAGOR ro duly, prwnptly and f~ily perfwm, d~xharge. y
_.e.ute, effect, complete, co.r.ply w~th and ab:Je by each and ev~ry ~he stipu+e~~ons, agrecments, condi~~ona. and covenants ot sa~d prom~ssory rw:e and thi~ ;
rigage any or e~~her, and sa:d costs, charqes and eapenses, each anJ eve.ry, sh~~i Lr ~mmed~atety dve and payable; whetker or not rhere be oo~~ce da j
.,~~j. atte:npr to coilect or suit pend~ng; and ~ha tul! amouM of each and every wch peyn,rnt shali bea• i~rerest from the da~e therrof umil paid at the
- ni~:e Yer cc~tum ~.~:r en~w~r an~ ai~ s~~d ccs~s, cha~~es a~ed ~:;.rns~s mcurrrd o. pe~d. 10cj2Th21 ;ti~~h wch ~mecest, shall be secu~ed by the lien of th~s
~r,ortgage.
b. Tha1 (a) i~ the even~ of any breach oi tnis Mortgage o+ delau't on th> pa~t of tf~e MOR?GAGOR, w;b) in the erent iny of sa~d sums of money
Fe~e~n referred to be not promptiy ancl i~liy pa~d with~r: ~h:rty (30) days next airer ~he s~n.e severa'1y Decome d~e and payabte, without demand or notice,
•c? in the event each and every Ihe st~pu~atia~s, agreemeMS,.cer.c!,t~or~s anc! covenann ol sa:d promiswiy oote and th~s mortgage any w either •re no1
-!o:y. Fron~atly and t~~ly performrd, d-s:fiarg~d, ztetu~rd, rffrdcd, Co,np:eted. co~•r::ed ':~i:h ar.d a!-~ded 5y, tixn in either w any such evem the sa~d ag
~•_;a?e surn ment~oned in said prom~ssory ncre ti:rn reEna~ning i~npd:t/, with intE~N;t acu.•ed, and ait moneys secured hereby, shall become due and pay-
. ~ fe~thwith, or thereafrer, at the op!~cn of sa~J MURTGAGEE, as fu~~y a~~d ccmF~'ete_y as if a~l of tl~r sa~d wms of money were or~g~oa~ly atipulated
, t:e pa.d o~ such day, anyahing in sa d p~r,.n;sswy note or in thls Rto~tgaya to t6e c~~~tra~y not,v;thstanduig, and thertupon or thereafter at the option of t
s'. .'.10QTuAG'.E, witi:ov' not~ce or de+narfd, s!•t at !aw or m eq~~ty, tn_~~jo•a or N~er~aiier beyun, may be prosecuted as if all moneys secured h~veby
. _ ^~atuiEC~ ~1riOr t0 df inilituhOn.
7. Tl,ar in the event tha~ ar tt~e be~l~~+~ ~.g o! er af any f~~ne pends~~y any s,: t upon th~a Mor+gage, or to foreclose it, o~ to refwm i~, or to enfo.ce
..•..e-~t oi any c! ~=ms hereunder, se~d NIJRTG:.;,. ` shaC app!y to ~he Co.,n 1,~+,~ g iu~~sd c!Icn ~r.a~eof for the appo~~tment of • Receiver, such Court shail
~.:~!h a;,po~~t a recei.er of sa~d --:xegag~d pccr~~~ty a~. :.:n~ si::3,.ier, irc:~~, n~ a~:d s:~.gutar the iccome, prof~ts, issues and revenues from whatever
detive~, cac+~ ar.d e~ery ot :..i;.ch, ~t ~nng vxr•css~y :~:d:rs'~oc1. ~s ~er_uy mortgag^d as if speGfically set forth and desuibed in Ihe granting and
e~~ium c~auses h~reof, and wch Reca~ver sha~i hs+a aii ane brced a•:d rf;cu~.e fu:,ct•ons and powers in anywise entrusted by a Court to a Receive?, and
,._i, a;~paiMr.~ent shai~ be made by svch Cccri as a~. ad,n~treJ eywty a•~ci a~• a':e~ of abso ute rghr to said MORiGAGEE, s~d without refererxe to the t
,~,cy or inadrqu~c~ of the va~ue of the preu~r~y me~tgeg~d ur to ~%.r so.vcncr c• ;~+:c Y<ncy of sa~d MORiGAGpR ot tM defendants, and that such i
-•s prof~ts, income, iswes and reven~e: sha:l ba app.~ed b~ s~ch krcar.er acc~rd. ~g ~u ~he iien w equity of u~d MORTGAGEE and the prxtice of such
-=:;rt• -
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6. To du1V, prompYy artd iu!'y per'o~m, d~scf.~~qe, exec~re, ef?e;t, complete, tcmpi~ w~th and abide by each and every the atipulations, agreemeets, j
~:r;ons ard wver,ants ~n si~d prorn~ssory no~e a~tid ~n~s mortgage set forrh. ~
9. Tk.at in the ev~~t the o+:nership of the mc:tgaged pre~*:srs, c+ an~ part thereof, 6ecorrees vested in a person other fhan the MORTGAGOR, the
..;T~=.%,GEE. ~rs successc~s and ass;gns. may, w~'ho::r nof~ce to t~e •~50kiGFJR, deal w~th such wcceuor or successor 7n imerest wi~h refe~erce to this
~!y~gc and the d:bt hr.eby sec~l~ed in the same mannz~ as w~'h L4,rtyago~ tvahcut in any way vitiating w d~xha~ging the fAwtga~° ri (iabilily hero-
..-r or upon ti~e drbt hereby s=c~reJ. No sa'e of the Fre•r,+s~•s La:eby rnortg3ged and no forbearance on fhe pan of the N10RTGAGEE w its successors
c ~_;,gns ar.d na exter.s~o~ of rhe hme fcr the Fayn~ent of tne debt f:-~reLy sewred g~vrn by the MORTGAGEE or its successas o? ass~gns, a1u11 operate
~ :nwr.~n ...{.,.1~ ..aA
_ r.~ea;e, c:scnarge, mtxi~iy c~~o~~yr u~ a.~r~: i~.r ly:.a. t~ ~ . t...... _ _
1U. It is spec~ficaiiy agreed that ~:me is of th> essence of tF:~s cor,tcact and that no waive: oi any obttgation hereunder or of the obligation sr
,,•.,d hcreoy shali at any t+me shereaher be ne:d to.be a wa~ver oi the !erms hereof or of tF.e instrumeat secured F~e~by.
11. In ad~.: o~ fa tn•~ fo.egc ~,g r+on!F.'r :%a/•~.cnss o' p•.•~c ~3i a~d ~:-r.~cs~ .~cu~~ed oy tt,e p:om•ssory no!e secvred he*eb~, mortg~gor eovenants
= 33•ees to pay ro +*~o-1g~a~e •r.~•h ea:h •-~c~rh'~ ,.a;~,enf an d'F:3'~J'1d~ s~~:n <s! ^ a•ed b~ mortgagee to be equa! fo 1; 12 of the ann~al cost oF the foJlow-
A-All rea~ proprrty ta,ces le•ned c~ 355°SSi'!I eg~~.,s* ~h^ oF.ove describ~d real estate.
6- Fre:r,u :~s en f~.e end v.:-:dr.or-n ~.^•s~~r~~cr ~s ner~-~r. ri~q~:red ro c~:r:•:d ihe ~m~rovemeits s~tuate on th± above described premises.
C-Prenuu:~~s on cuch mortgoge guara~ry ir.s~•ar ce as mo•!gagee shai: ~ro~*• cr^e io time tieem fif to carry on the loan s^cured hereby_
~ Mor+~;Qee s~~~.; '•c:-: rime ro r~~--.e ra••`; n;c~l~.gor ~r. wr{t,ng oT fhe a- o.:~t due and payabte hereundrr a~d such sum shall thereupon be due and
i e o~ th_ d~e ca+~ of ~h~ r.ext -~;o~!n'y pey~,em and e.:ch scccess~.e rr.ovi, t~ereafr~r ur.ti{ mortgagee sha11 not~fy mortgagor of a ehange in sueh
~t unr. Such su•rs sha~i ;~e a^ i~ed 'cy ~rort i cor:ara the a ne~t ct rea~ ro ert ta~ces, insurance rem.ums, and mort a e .iarant insurance '
~ rp gag:.' p r' F P Y P 9 9 9 Y ,
{ ::TS. -
s IN W{TP1~SS ti/HER~OF. rhe sa~d 1'ACRTGAGOR has here~~to set h~s h3~ d and seal fhe day and year (irst~f id. ~
~ Signed, Seaied and de~ivered in the p~esence of: ~
~ • ~n
~ r~ ' ~ s hard - 2h ' u q
~ - ' r tu_ p
Q /Rose S. Thibault ~~aq
~ pF~p1t
$ ~ 55.
~ ' :.,iTY OF - - ~
Beiore me perso~auy appeared _ _ R1CZ1dZ(~ r' . Thibault a~d
ROSQ S~ T~llbw
1~__ his wife, to me well known and known to me to be
~.^.d:viduais described in and who exewred t}w foregoing instrument, and acknowledged befwe me thal lhey executed the same fw the purposes
Rose S. Thibault +
_•e:n expressed. And the said____- , - _ ;
~ ~r fhe said _ RiChtld R. Thibault a:~+.:a~d p~+w ~
~ r,anon by me taken separate and apart from her sa:d husband, atknowiedged to and befo~e me thal she executed said i~struroent "fresly:a~'49j~+n%' _ '
~ and w~rhout any compwzion, conslra~nt, apprehens:o , or fear of or from her sa~d h~sban + ~~i ~
~ ~r1TiJE55 my hand a~d offic~al seal th+s_ day o ~ I•~:~!'•19'•~~
`
~ . ~
otary P~blic in and tor the tate of:F
~ : . , ~
My Comm~ssion expires: 9 ~ .
. _
-~,z. Rer~m To: C wj ,i ~
F`; F:rst federal Savings 3 Loan Associat~on ' . .'~f4 '
f Fc~t P.e:ce. ~'J ~ •
~ . ~Q~ V"~,~~
~s ForrOP~.~rce. Flor~da ~~-+uL~ ( v , ,.t~~~~
~
~ fll~ ~ A~'L ~OkDEA .
~ ST.LU ~ c':`~~KtYFI ~
~ a~..i:~~~:: T~~s
~ This Instrument Prepared By J. H. Roberts Jr. ~~~PK, ~.=:.ti T COUaT (
~ First Federal Savings 8 Loan Association oFC.~ ~~~f
~ of Fort Pierce Flor ida 33450
.
~ ~ a s8 aK'z
} Checked By ~ 0 R ~~5~ ~
~ 600K
~ ~
~
- .
.
d ~ G . {-s
f'3~'+'C,Y^ -"Y i 'Y~r.~
~~v . . _x.._ r.. ~ „ ~ - . . _ e _ r.y "1 F'Y'i ^"y f
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