HomeMy WebLinkAbout2780 3. To place and com;nvo~.sly keep on ~he bu~.~i:~s ~ow or herr~•Ter ~~~~,re c•~ s.,•d ~.+~KI a~d un a:; eq„~p~nent ar.d personaily covrred by this mo~tg-
ege. w~th sll premwms the~con pa,t1 ~n 1~1i, f~re ~ns.,ru~;e .n :,.r .a_j: ~`xz7i•d ?-~,iy ~cr.n. ~n a s~m aH~~o+ed b~ ~he MOR~G:.GEE. and wmdsto~m
knti~r~nce in the uswl s~andard po.cy twm, in a sum •F.p~oveO t~y ~Me M~iR~G.~v:E. ~n uxh canpany or canpan~et af the MOkIGAGEE may
d;rec~; and all lire and w~nds~wm msuru~:e po:Kies on •ny of a~~d b.,.:d.~•gs, any ~n~creat tF~re~n o? part ~hr~eof, in ths aggrtgate wm aforesaid or
in exces~ ~hereof, ~hati co~tam tho uwnl s!a~:da~d mortgigee c a~u w s~:h o+:.~+ c~yae es ~he ?Ao+tg~yre m~y reyu~re, mal~n9 u~e ~oss wxlar sr+d poli-
c~es. eaih and eYery. p~r~~'~ ro sa,d MJRIG4G'.E as •ts „~~~~r~a~ ~:~ai aF~x+~. s•'.i ea_n .~d e.r~Y s.ch pu•~c~ s^a11 ue promptly ass g~~ed a+~d dei~.ered io
any held by sa~d h10RiGAGlE as lurthe? sc;ur~!Y to aa=d ~.o~tgage d<ot, and, no~ :eu ~t~en ten (t0~ da~s rd.ance of thr e~p~~at~on o1 each yoi~cy, to dr
I.ver to said MORIGAGfE a renewsi thtreof, togethtr w~th a rece~pe fw iA: p~rn.,,rn of ~uch re~ea.a:; and ~htro shalt be no f~re or w:~~dstwm int~rance
p~aced on any ot sa~d bu~!d+~gs, ~ny ~Nrresl Iherem or pa~1 thercof. v^ css '~+e for~•j a•id ~v:th the ~oss payab:e as afo~~sa~d; and in ~h~e e~e~t any sum '
of money becomea paya~te undea wth poircy o~ pu~•crcti sa:d MORiGAGfE alwh ha:e ~he op~~on ro reca~ve and apply the s~me on account ot ~he i~xlrbted-
r,r~s srcured hereby a ro perrr.~t sa~d MORTGAGJRS ro rece~vr a, d.,x ii or ~.~~r oses .•.:~no~t ~hr~ e:r ~„~pw.-
ing any equ~ty, I~en or ri9h~ under or by vi.tue of ~h~s mo~'gagr, snd in the r~rr~+ sa d M~~1;,AC~R; sha!4 to~ any reason fait to keep ~~e sa~d p~em~srs so -
~nsu~ed, o~ fa~l ro dr!~.c~ promptiy any ot sa~d pol,ocs ot ~~s~ra~xe ro sa:d tr10R1GAGtf c~ i~,t p:ompHy to pay fuity ~ny prem~um thcrzfor a e~~y ,
respect fail to pcvform, d:scha~9e, tiKU~Q lf~M-t, ca~~~~~r~e. ca*•p'ry w~*h a~:d ab+de by rh s co~rr~~•~+. o~ any part hareof, sa~d MGRTGAGEE may plate and
pay io~ such insurrnce or any ~art thercof v~~~hwt v~aiv~ng or a(fee~ing any o:,i.vi, ~~rn. eqv~y, or nght ~ndca or b~ virtue ot th]s Mo.~gage, and the
?i:i amount o1 rach a~~d e.e~y such pa~airnt shail be ~~*.mrd~ete~y d.,r ard payatte a.:d s~a!t b:a~ ;nterrs~ irom ~F+e date tl+ereof u~~til p~~d at the rate of
~ e prr ce~t~m pe~ ar.n~•n and to~ath~r .~r.h s:,ch „~•r.es~ ah~•~ s~~:.~d b~ ~hr ~ en o} ~h:s nwrty~ge.
1. To permit, commit p suffer ro waste, in:qa~rn:tnt w.~..terie*a-~o~ oi sa.d ~~oFc~ty o? any part thereof.
5. To pay all and ring~lar the cosrs, chergea a~~d e~epenses. ~nc+~~d~ng a rraso:*ab e airo~ne~'s fee and wsts of absrracts et !itle, incuned o~ pa]d af
~~y time by s~~d A110R1~;AG:E, betause or in ~he e~rm o! tir fa~...re en ~++e o~:~ c~ rhe s~ d A~JRiGACaQR to duty, pro•.+ptly and f~:ty perform, d~scharge
_ rc.u~e, effect, comp:ete, co~nply wrth and ab de by ea:h and e.e~y tA! ShFti'at cni, e3rcemc~ll, CO'Kl;t~ons, and covenants of sa~d Fro~n~zsory note and thii
~or~gage any o• e~~he+, a~:d sa.d c~srs, chages a~d eiFensea, ei.h and e:e~y. s=~a.' ~x .n:,rrd~ete~y dve a~+d payab!e; wfiethe? or not there be no~ite da
r,~and, atteinpt to co:iect Ct wil pe.xl.r~y; and tl,r fulE a~n~~:.~ et rath ar.d e~•e', wcn p.~~~neor aAati oea. interes~ From Ihe dale the~eof u~~il paid at tht
~ n;~ie Ne~ cr~~r,,•n Fcr r:i~,.,;~; ~~x. 3: s~.d :..s•> cna~grs a~~ ....r: r_s .r~c~•rrd or }o J. loy,t~rr +r.th wch interea?, shall be sewred by the lien of thu
mortgage.
S. That (a} in the event of any bresch of ~his 1Nortgage or cn~a~!t m t?~ p+:~ o~ fhe 1(Y.OCTGAGOR. w'b) in the e•ient any of sa~d sums of money
F.~rein ~eferred to be not prm~pt!y ar~ fuiiy pa~d v:~s%,m tn..ty ~3:ti) da~s ~e.~ a:~cr ~c:e se+:ro semra.:y bec~~ie d.~e a~x! payable, withoW demand o~ noi~ce,
~r (c) in the eveM eath and every 1he stipu a~io~n, rgrc~rments ccnd,taons and co~enoms o' aa d pro~n,sso.y no~e and th~s mortgage any or either are nol
i~:y, pror~ipNy and f~:ty performcd. ds:}~as~c~! eRCC~trd. e:ft~t~. :a-+r.r~-~d co•:,:.e.~. ,.~h ard a:.•.1ed 5Y. ~hen ~n e;ther or any such event the ia~d ag -
~regate su~n mcnt~oned in sa~d prom~sswy +wre thr~ rema+r,:ng F.a,d. w~t~ .nrrre;• acc~.;:d. and a.i rtqnz jS secwed hereby, shall become due and pay-
e~ e iorthw;th, or th_r-airer, at the ac^.~o.~ c~ s~.~ AtJ~2~ ~~3:f. as y a•d :~~»r r~r', as ~i a:t of ~hr sa~d su:*+s oS money were onginally st~puiated
~ be a?.d on such dc{, ariy~h:ng in a~ ti prc ~,siuy n.±e er ~n~a :1u~~ga~~ ro:»e :er+r•ar~ noi.v~~hstand«.g; and ~t~ereupon or therealter a1 the option of
s~ t fr,ORit3AG[E, w.rhout nonce or dr:r.j~ ~3. s~~t ar ~a,iv oc .n eq.,+y, Tfi~~e`o•- a T~.er~..tr~r t~r.j„n, may be p~oxtutrd as if afl moners secured hereby
r d marvred pr~or to ~ta ios+itunon.
7. Th3~ irt t!~e e.ent that at Ti~C C~`y-~~" ni7 ?j r. at any ~:•--e c~•~~ ~ 9 a:~ s.:.~ ~•h~s A~wtgage, o~ to fwectese it. w to reform if, or to enforce
;~.-~ent of ~ny c;_~~~•s he~rv^der, s3~d t.'.~:TG;~-cc s~a :.:F i:> 'o •+k t,•i ~~3. y._ +~1 !r~~re,t fai ~he appointment of a Receiver, such Court shail
•.,:rn a~:~:.:nt a re:e..er o~ s.::d mc:~g,~:.a E~~. j a•:c s~ ~~a:s~. ~._d c s~ .•a. m~ ~^c~~.~e, proFrts, issues and revenues from whaterer
c_ ~cr~+ed ea.h a~.d every of n`~.c~, < i~r•y u..r~•ss, s'_o-~, ~n re~-c, :;:~.:•_zd as if spec~fka~ly xt forrh and deuribed in the granting and
f,i rnd,,m c auses htrrot. and a~ch Rece~._• :ha.~ h+~e a:i the b•;.~c a-~ e•-rc+..= . s a^d Gc,ners in anywise emrusted by a Cowt to a Recaiver, and
s ~ a;:pomtment aha~t Ee mrde by svch ~c~•r as ad•~.ra~ rq. -t a^a a^a'-er .f ~r~-so'ote r.ght M sa~d MORTGAGEE, a~d wittkwt reference to the .
._~.:s:y er inadrq~acy of the vai~e ci trye arc~~~-~~~ ~~~••g~gc~i e: ~o ~t~: s_..r^.~ r.••-o.,er.cy of sa~d A10RiGAGOR or the defendants, and that svch
» proi;ts, iruoroe, issues and :even~es staii b~ a~p::~`i c~ s..cn 3et_~.e~ ac,a.:.: 3 t. th- I~en or eq~~ty of uid MORTGAGEE and the prattice of such
l.. ~.~.'J: ~
8. Te du!y, prompr.y and f~:ly perf~.-n, d s:ha.ge, r:e;~!e, e:-ecf. co-~y~~r+:. c:,-:~~ :1 v..:h a~~d abide by each and every the ~tipulations, "agreemeMS,
.~d!~ona a~d tovenann sa~d promnso~y nete a~sc tns m=rTgage ser !o-'r-
9. That in ~he event the c.tnersh;p ef thr tnorr~aged prerses. c- a~: ~a~t ir,c•euf, FEcvmes vested in a pe~wn other than the MORiGAGOR, the
.'R?GAGEc. ~!s succ~sso.s a:±d ass.gns. ~nay, v. •ho;,: :,,~.e~ ~o ~~e d~a• v.~iti wch svccessor or wccessor in +nteres~ w~th reference to this
= 3aye an~j tr.~ oe~t hireby ~ecu~ed in mt sa--~t ma^ner as v~~+h .•.'~•1~~ga• w•~r*~ut ~n a~y way ril:ahng o? d~uharging the Moregagori liabi~ity here- ~
•~••r o: ~~on ~h- debr here:, sr..,~_d No sa r of rr,e Fre-r acs h~~rer•~ ~•:o~tg3ce3 ard r.o fo~bearanee on the Fart oS thr MORTGAGEE or its wecessors
_ nss gns and ~o exrers~on oi ~he ue,e lor rhr rt~~*'err o! tFe u•_5T cr•.,:. sec..cr~' o~~_n b~ the hSORTGAGEE o~ its suctessors w assig~s, s~~all operate
,c: re~ease. d:scharge, mod~`y c!~ar.ge or aif~ f'~e cr~~~na~ l~a;:.. t~ of in, N.i.RSGA•,'.•O~C r,rre+n. either in whote or in pa~t.
10. It is a~eclf;;3t;y ~greed ~hat •~m-- is of t!~e cssexe of 1 ce•:rract ane+ tl.at ~:o wa~ver of any ob~~gation hereunder w of the obligation se-
c.•c~ ha~eby she:~ at a~~ ti-~e ~heeeaf~er ne r.e'd to be a v..,,.er ef tti± ~rrr.u hereet or o' the i~stru:nent secured herby.
l l. In "id t c -o t~~e Eore~c . ..~ss _•:d cs• e~ or !he p.om scry no~e secured hereb'/, moriga~or covenants
ag.ees to ;;ar to,r:c'Tgaoee ..u~ ea:~ r. y pa.• -.;•on a_~~ y_ ~a s_°ti,~ , ~ ci ..~artg~ger to be equal to l, 12 of the annual cosr of the foliow-
, A--r'1il reai i:r~NC•~y ta~ea 'e:~~_ : c• 3ss[!st:i e_ . s: 1^-_ s..-:e d ec•a••
B Fr:~::,>-s cn i,+e ar,d w~r.o~•,..- ~s~~,•;~ ..cjn_re~ ,-:~i o-> :r ~!6YfT~.'.ISS s:wate on the above dxscribed premizes.
C-Prem~vms on sccF mortg ce a~a•s,ry inc.-a~.;c ~s o•~9s~e~ sh=: 'c~^ '°'e :o n•r.e deem~it to carry on the loan srcured hereby.
4 h•,wtgagre sha:l f•an n~~r to r::-,e nc' t~ me•',a~or ~n a,• r.-.g oj ~~e ~u~• d.,e a:~d Fayable he~tundrr and such sum shall theteupon be due and
~ _':'e on rfie d~e ciare ef th> re¦t •:,o~•~. ~ car~'c a-d r;:~ ic,ccrss~:r -o~•n '-_'P3T•_• u::~, mc•tgagee sha!1 r.orify morrga~or of a change in such
t ~
~ ~u~t. $ucfi s~ms s~aii te ar, -i~~d by ^.:,•tg~~_-c •~.~a•d ~re ua.•ne~t of :ea• prcc~•Tr sa,ees, -~nswancr prem.ums, a~~d mortgage guaranty insurance
j VTS.
IN VfITN"c~S LSHcREO~. sa,d :17tORTG:.:,~~ F.rs here~~to se• h.s h„ d and se>> tne day and year fi~st a4oresaid.
Signed. $ealed and de:ivered in tFe p~ese~ce o~: "
~ (
F
~ ~~d% ~ TTT~ ~ ~~._(Se$(~ U 1 t
; - , , s i nyi~
,
_~-1-`~~ , L « x ~ csean
~ ~t ` - - cs~ai~
- - (SeaD
S" :TE Of flOR10A ~
,::.:vTY Of S~- 1.11C1~-------- ~
~ - ~
eera~ ~.~o~,i~ a~d.ed ~fildred S Hartlea a single adult ~c
~ _ _ to me well known and known to me to be
~%,e individua! desr.~oed 'en and who s,cecvted the fwego~~g instrumcnt, and acicnow:edged befwe ~ha~ she 2xK~t~d the same for the purposes
~ .t r:~ein exprcued.
~ ~ ~ )~i~l4~~1~
~ i~ ~
~ 'tiIX7~t ~0~7~C
~ WITNESS my hand and olficial sea! this__ ~ day of ~ Ay,Ot15t A_ D. 19 74
_ ` -1 } . _~./lr-h l_~ ir :~L
~s tary Public in and for tj~e State of F{orida al Lsrye 1
~ ~ y Comm,ssion e,cpires: ~,(~~~L ~'S~ / Q
~ Retu•n to: ~ 7 , . •~)lr~;,.
~ F rst Federal Savings b loan Associat,on v^i '
_ N'~ii~~
.
of Fo~~ P.e~cr. ~~0+7~0 , .
~ Fort P~erce. Flo~~tia O} _ ~
~ _ '
?
~ _ - • ~:1E0 ~ r - - ~
S i~ u ;.:.•;!~T! FLA. _ ~ • .
~ i o~~ - ;T4s5 ~ . ~ ' `
„ _
This Instrument Prepared By Gary F. Fl l~vood ; C~URT - ~ ~
~ First Federal Savings 8 loan Association 4_ , ~ - ~ • ~ '
of Fort P+erce , F lorida
~ ~ . -
Auc 16 4 ~4 PN'~~
Ch~cked By ~
~ UR
B~oK230 PA~2779
~ S r1
~ - - - - - - - _ _ ~
4 ~
"5~.'ss;
~ s~~,.._ _ , . : ~ _ . . _ c...-.. . .s.*