HomeMy WebLinkAbout1300 To plant tnd co~t:nuo:n~y tcep on the bui'd~~~gs now w hreafr~? s;~uat+ on said tand and on al! eau~p++e~+t a~x! pMSOnally covaed by ~his ma~~'
age, w~th ~II prem.uans thercon pa.d tHtl, hre If~~4'f~I1CA ~1 ~he usuai t~s~dard {w:~c/ twm, ~n • sum ~p~cv~d by ~he MOR(GAGEE. •nd w~~~~o~n?
~.,wr~nce ~n ~M uswl s,aw+rd pa•<y fwm, i~ •.wn a~xoved Dy ehs M~AiGAGEE. in iuch ccmpany w ca^p+me+ ~~v KORfGAGEE ~ruy -
d~ rcf: ~nd aN f'ae and .v:~.dswnn i~i~ranc~ pa~c~rs u+ ~ny of s+id build~ngs. sny iMersai the~e~n w pa?1 thc~sof, in !he a~y~eya~~ wm aiac~~id ;
~n eacau ~~ecf, staN con~ain tM usvaf ~~andard mo+rgage~ clauae o~ iuch ahc* c~~vse as th~ Alortg~ge~ may requ~r~. ma?uy ~h~ loss w~dc~ s+~d po~~
r.as, t.sch tnd every. p+iayt~ ~o s~.d AIIJRiGAGEf +s ;ts m~r~est nwy app~.w. ar~ eacl and evrry sut~ po~~cy shatl be p~omptly au 9~•ed and de~~verawi M 7
•n,r hekl by ss~d 1Np~tGAvEE as Il,ftF~M stcu~ity 1o s+~d mort~age deb~, and, na le~s ~ha~ ren (10) days in ad~ance ot ~he e;pua~wn of each polrcy, to dF '
~:~cr to sa+d N10RLGAGEE a~e++evval ihereot, ~oye~h~ wieh a rece~pt (o~ the pa+~~uvm of such renewal; ~nd ~he~~ shall b~ no i;re or windsro~~n insur~nc~ '
p:xr! on any of sa.d budd~nps. +ny intcrest the+e~n a pa~~ thereof. unies: in ehe for~o and with ~he los~ paYable as aiae:s~d: ar.d in ti.: e~eM any s~~n - t
or mon~y becane~ p+wae uade~ sucfi pa~cy or pei•c~es s-+id MORiGAGEE shall Mve ~M opt~on to rece~ra end ~pp~Y ~M a^ +ccwM of tM i~deb~ed~
M~. ~..tiy p p p~vm.l se~d tAOR~GAGORS to receive a~:d use ~t w any pa~~ thr+eol fo~ other pur{~asva. ~v~~ha:t th or wa:~~~~ c~ ~n*p~w~-~
:ng c~y eqv:~y, iec~ a.ghf under a by vu~ve c.f th;s mo:tgagr, snd the evertt u d RtORTGAGORS sha~l fo? sny rerion fai! ra teeo ~he s~~d p~e*riszs ~s j ;
~wrcd. or fs+l to d¢i+~er pranpdy eny of sa~d pos.urs of ir+su+a~ce ro sa:d MORTGAGEE, w foii promp:ly to paY fully ~nY Nre~mum therefcw or in an~ S
~rsF~a fait a pe+form, d~xh,:~ye, executa eifect, comp:e~r, canp~Y w~~h and ab~de by th~s covaunt, a any par~ Fr:~eof, said MORTGhGEE may piace a~~y~ ; f
rr. for s.,ch inawance or a~p Fn•t fteroof Mnhout waiving or affraing sny opuai, tien, equ;ty, ot r~ghf u.:dc~ a b~ virtue of ii,is Ma~gage, ancl Ilh-- }
~ artw~,n~ of ca:A and e.try sucA paymrnt sFWi! be i~naerdietety dve and pa,able ar~d shall bcar ~nterest trom the date 1he~eof until pa~d at the tate ot ~
r per centu.n pe+ ann;,:.: a+x! ~ogathe~ wiih su:h ~ntrrtu sh,~': x arcured by th! tien o1 this mott9~ge•
s. To permit, convnit or sui(e~ no waate, impa~rmene u'c,zter~o~at~on of u~d property ot any part Ihereof.
5. To pay a11 sM! s~*g~=ar the custs, cMrge~ ard expens.s, ~nclud~ng a reasonable snwney i fre and costs oi abstncts of title, ie~cvrced o~ M~d at
~-Y •~Tt by s.i~d MOR1GAGfE, beca:.se or in the event of th: ia:!urr on ~~e ~ari ot the said MORIGAGOR 'o duty, p~omp~~y and h•tty perfOrm, d~uharge.
-.-c:,te, 2fi2C1, com?:ete, ca~ly w~sh and ab.de by eac!~ ar.d every rhe stiFulanons, ag~ean:ents, conditiau, ~~d covenann of sa~d p~an~swry nae and ~hi~
~~~ge any ur e:eher, ard sa d costs. cAarges ar.d cxp~nsrs. each and eve+y. shall be immediately due and !wyable: wfiether p not thare be not~ce da
d. at:cmpt w cakct or w+t pend~~g; and :ne tull aawont ot each ar,d e.Y~y svch parmem ~hal~ be~. iroeres~ from the date the~eof un?il paid at the
• _ n':x cer ceo:~m pe~ an~w:n, a:~~ a;i :a.d coses, :i~a:3es a•~d ea~e~ ses ~~~c~rrrd or pa:d, togrthn .v~lh such i~terest, ilwlt b~ secu.ed by the ~~en of ~ha
a; .qd~,
6_ That ~n the evant of any b~rach of tF+is Ab+~gage or d~fault on the ~~t of tF~e MORTGAGOR. or (b) in the eve~t any of sa:d s~ms of money
t~r•e:n rcfn~rd to be na p.anp~ly a~d tutiy pa:d •H~th~n rh,rty (3~) da~s next after the same u~eratly becon+e due and payabie. without demand or notice.
c? rhr e•+ent ~ach usd evCry ~he st~pv~at:ons. a9~ecme~~s, tond~tio,:s an~ covenants of sa:d p?wniasory ~o~e and th:s mwtgsye any o+ eitAer are nol
.::•o.r.;.riy ~.~3 F„~ty pe.forr„rd. d.scha~y-d, rxe:vred. effrued, comp:eTe.d. co~,.N+~ed v.~~h and a~;ded SY, then in e~ther a any such eve~t the 'sa~d ag
- •e s-,~„ r,ticnr,o~ed ~n sa~d pran~ssory no!e ~hrn rema~n;ng ~n~a~ci, w~th inte~eit acu~~^d, a~d ati mor.sys sec~red heroby, shall become due and psy-
~3f~~;nxith, or !i:ereafrer, at the cpr~on of sa~d MORiGAGE~. as fuPy a~~d cemp'eteiy as iE all of the said sums of money were wgina~~Y st~pu:ated
:,ad on svch ao/, any~~ing in sad p:o•~~:uory nore er ln ~nis titwtgage to the co~~~ary not,vithst~nd~~~g; and thereupon m thereafter at ~he op~=on of
OR:vAG'_E, ,n~ff.ou? r.or ce or demancl, a~it at ~•er w m equ:ty, ~he~eic~e w ~hcreafter bcyun, may be proxcuted as if all moneyt set~~ed hereby
^ n.aturtd pr:Ot fJ .ti fniti7~t~pn.
7. i~~e :z t~w erent rhat at the beginning oE w a1 any t~~ne pc~d~r+9 eny su~t vpon this Mo~tgage, o? to foretlose if, or to refwm it, w to enforte
-_-~.t of any c:a•ms f.ereu~elar. se:d A\JRTGAG=E sha~l appty to the Co~rt harn~ ~un~d:r.~un the:eot for the appo~ntrt~ent of a Receiver, such Court sha0 _
•-:.:m a,-oc.~t a rr;e~ve~ o( se.d mortgagrd pro;+r'ty a'.i and s+ngu~a?, ir.ct~d.rg o:i e~d s~~~ydar the ir.conx:, prOfits, isiueS and revMUef frOm whate~el
• dr-~Y~, each and everv of whkh, ,t be~ng rxpress'y u+~der:taod. is ~~ereby ir.ert9aged r~ if speuf:cally sel fot~h a~+d destribed in the granting and
- r,d~~n oauses htrraf, and such Rxei~er s~all have ai: the b.oad ar.d eff~•:ve fvnts ons and powers in anywise entrusted by a Court fo a Receiver, and
i__r po+~rr..ens ahei7 bc made by s~ch Court as an ad~niitc~ equ~ty ar~d a maner af absolute nght to said MORTGAGEE, and withoul rtierertce to !he
;_,cy .x inad~uacy of the val~e of eM prope~~y mortgrged or to rhe so.~ency or ~r.soi.ency of said MORIGAGOR p the defendants, and thal such
•s. p:oi~rs, incorre, ~asv-s and rever.ues shall be applied by such Rece~ver a;co.d:ng to ~he lien or equity o1 said MORTGAGEE and the prattite of such
Cc..rr. • _
a TQ c~~y. ~,o,,,Gt}y. z1d fulty ~?form. d~sctarge, execute, effec:, comptete, c.:r.~p;y wirh a~d abide by each ~nd every the sY~pulations agreements,
.•~rts ard c~ve.~ar.n ~n sa~d p:Umissory nate aa~d th~s morgage set '.o:th.
' 9. :har :n ~he event thc c•.tine~sh:~• of the mor;3a~Cd prc:»ises, or a~:y part the•eof, becc-nes vested in s paso~ othe~ thsn the JNORTGAGOR, the
: ~~'~=.Gft. ~is s.:cce:sors acd ai~~gns, .-~ay, v~~:hout ne:.ce to The N•ORTCi~OR, d~a~ ~v~th such successo~ w successw ~n interest with reference to ihis
: r.~;3e ard :!:c d:~! ~ereby sec~~ed ~n thQ sam.e n:~r,nzr as v.:th 1Lo~r~aao~ w~eh:.ut in any way vit:ating or diuharging the Mortgagors' liability hrr
or u~wn c~e ckbt nrreo~ s:w:rd D+o s~`t of :~.e Frem~s?s h~reby rnmsgagc~d and no !o•hrarance on the part of the MOR~GAGEE w ib sutcessort
,ss gns ~~.d ~o _xtens~on of rne t~mt fy. the payTrnt ot ti~e drbr h-reby ~ec:,red g:ven by the MORiGAGEE or its svccessors or auigns, shatl operale
~ r_ eau, d•scha:ge, r^od:fy change or atEect fr.e o^e~nai l:ac~.~ty of the /iA+^.RIGAGOR here~n, e~ther in whole or in part.
10_ It es spec:f~:ir,y ag•eed that tlme is oi she esxnce of ti,:s ccntracr and that ~ wa~ver of any obligat7on herevnder or of the oblgstan sr
c_•ed tw:roby sha'i at any t~~.r !hr~eaftcr be ne:d to be a wairer oF the retms hereof or of the irutrument secured herby.
i;. in a:ia r~.,n :o !:~e fo~~c ng ~~•onrh'sy pay~r=n:s of p:~nc r3! and i~re.,st rrqu~red by the promissory oor2 sec. sd hereby, mortgogor tovenanh
ay-ees to ~ay to ~^.o•igjgFe v.i~h ea:^ rron~~•/ pa~:••rnt an edd'~cna: Sv~i ast:n-ated 6y mortgayee to be eGuaf to 1,`12 of the annual cost of 16e fdlow-
~ ~
A-A;i rea~ p~operty t.~,~rs ~rlied e* asuss_-ci ag,~•>>: the ai:o+e de>r~bed :ea1 es•:+~~.
~ $-P;.~-.~-+s ar. i;re and w~nd~tarm :nsLrarce as hzre;n r_.;,~:red to be ca=r:ed o~ the Im~roveme~ts s+tu3 e on the above dascribed p?emises.
~ C-?re-^;;,:-s o~ soch m.ort~>ga gua-a*.ty icsu:srce as mo~rgegee srasi '.ro-n : rne to time drem fit !o carry on the ban securrd hereby.
~ ?l.ortgagee s!uE' f-orn t:me to r~me ~c:~fy mor.gagor in wr.t~reg of ?he a~ount dur and payable hereunder ard wch sum shaU therevpo~ be due and
-_'e o~ thr due d~•e oi ~he nex: ~r.o:ith:y G3ynCn! and e„ch successi.•e Rc~sh the-eafi_r ur.tit mortgagee shall notify mortgagor of a chznge in such
~ Svch wms s~ail ix appiied 'oy :no-:gag~e to::a:~ the payment of real prcFerty taxe;, insurance p«m.u.~ns, s~id mortgage guaramy inswance
,;:r.s.
fN 'd11iNEaS i•.HcRcG~, tn~ sa~d MORiGAvOR has hereu~to set h~s ha~ d and sea! tk+e day and r fint ai id.
Signed, Sealed and delive•ed in the piesentr of: ___JC~~ .~iYf.e~ ~
Se~q
- - Fau . Rei e e ZII
- f
_ f, . Jo . Reine e ~,q
~Tc OF fIORRDA J
St . Lucie ~
-:•~rYOF._ .
e~fa- ~ a~son~.~v aP~a:~ _ Pd'1L S. Reinecke II I .~+a
;
_ Joy G. R@lA,gc_kg _ h+s w~fe, to me wel{ known and known to me to be
-d~v~~ua!s descr~oed ~n and who execuied the foregoing instrument, snd acknowSedged befwe me that tixy e:ecuted the same for the pwFoses
~x~K~a. a~a r~ sa~d- J~v G, P.einecke
~f r~ Paul S. Reinecke I II _ „Po„ . separate .~d ~.te
- ~.jr:on by me taien separete and aparr irbm her sa~d husband, ack~owtedged to and befwe me that she exscuted sa~d instrument freely and vdvn-
i~d w:ttw~t any cw~•~u:s'ron, constra~ne, apprehens.c.~!, or fear of or from her said husband.
':i1T:~E~S my hand and offit:af seal th~s_ day ot_ August A. D. 1924-
~
otary Public in and (w t e tate of Fbrida ~f large
My eomm~:s~on exp~.es: i••9 O•'1 i
Re'vm To:
= ~st federal Savin3s a 'oa++ Associas~on
Of fort P~er[e. ~(~5i11 -
Fort P~e.•ce, iivr:ue ~ ~ ` . ?
~
f ~EO ~~c ~EC a
s~. ~uc« c~u~~r ~~i. - ~ . ` , .
ROCEN i01TRA3 ' ~ '
CLERK CtRCUit COYRT ~ ' " ~
This Instrument Prepared By J. H. Roberts Jr. REC4i?4 VER~FIEO.~..~..~ , y 4
First Federa) Savings b Loan Association : _ - - ~ • ; ~ , _
of Fort Pierce Florida 33450 ~ ty 3 ~~PM ~i~ ~ ',1 ~ ~ . '
~ ~ r; .c :,,1;.;'~ = _
Checked By ? . ` ~ ~ . . ~ .
EODK~
dz
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