HomeMy WebLinkAbout0628 To p~ace and tontinuo..sly keep on the bui d~ng~ now or F~reDher ?ituate on so~d land snd on all equipmen~ and penone~ly tovered by Ihis morlg- ~
e~e, w~th all premiums thereo~ pa.d ~n full, hre ins~~an_e ~n tne u~.31 sre~~cie~d po'~cy form, in • sum approved by the MOR~GAGEE, and windsto~m ;
~ns~~ance in the us~ai s~andard po~.cy fo~m, in a ium appro~ed b~ ihe MORTGAGEE, in such compeny or co:npan~es as the MORTGAGEE may
d~~rcr, and ali iire ard w~nds~orm ~«suro~ce poi:c;es . on any o4 said bu~td~nys, any interest Ihe~ein or parl the~eof, in the aggregate ~um atoresaid w
in excess thereof, s~~ali contam Ihe us~al s~a~~dard ~norrgagea clause or such o~hr~ c~ause as 1he Mc.rtflagee mey reqv:re, maL.ug the ioss ~nJer sa~d poli-
~ es, ea<h and every, paiab!a to said A\OR1GAvEE as ~~s ~n<<rrsr n~ay appaar, and each .~,~d every e~ch poi~cy ~hail be promptly aei y~~.d and deli,~ered ~o
eny held by said h10RTGAGfE as fur~her s~turity ro said m,ortgage dei~l, and, no~ !ess lhan tm (iQ) days ir~ advance of the expiraf:on ol each polity, to da
:~~r~ to sa~d h10RiGAGEE a ronewal thereof, together with a rece~pt fo~ Ihr pram;um o( such rene.va~; a~d there ihatl ba no fire or w~ndstorm insurante
p!~cad on any of said buiidingt, any imrrest therein o~ part thrreof, unless i~ ~he form and w~th the Icas (1d~J~~! as aforesaid; a~d in the event any sum •
ct money becomes payabla undar such potlq w pol~ues sa~d MORIGAGEE shall he~a the opt~on ~o reca~ve and apply ihe same on accounf oi ~he indab~ed-
,rsn secvred hereby or ro per.nit sa:d ~AORTGAGOR$ to receive and use it a any ;,c:•t ~m-.e~( tor or~~~~r p.,~q>osrs. v.~~no~t ih_~~~; .v..~.: ~3 ~~~+p~~~-
~ng any equity, lien ot righ~ under or by vi~iue ot this mcr'gage; and in the eve~~ sa+d MQRTGAGORS shall ior any reason fail to keep the said premisrs so
ni~,r..•d, ar tail to dc!~vcr pranpHy any of sa~d po:~c;.:s of insuwa~ce to said 1AORlGAG'_E, cr fail promp!ly to pay fully any premium the~efo~ a in a~y
~.~np~~ct fa~~ to pe.Eorm, discharye, exec~tr eifeU, cump:ete, co:~~ply wi~h and abida by ~n s cover.a~~, o~ any part htreof, said MGRTGAGEE may p~ace and
(or such insurance or any ~a:: thereof ~,~,ithout waiving or a{feUing any oFa~on, lie~, equily, o~ right under or by virtue oF this Mwtgage, and Iht
an~ount of each a:~d e.ary s~!h payment shaif be irt~mediatety d~e and payak~lc a~d shall bear inrcrest from the date thereof until pa~d at the rote ot
r prr cenfum F~.er annv~n ~ad togr~~ ~•r ,,~~th such i:~`r~vs+ shai'• :~P securrd by tne l~zn o1 th~s mortgage.
d. To permit, commit or su£frr no waste, i:npair •~ent or deteriorat~on ot said proHe~ty w any part thereof.
5. To pay a~l a~d sing~lar ihe cos~s, charge~ and eapensrs. includ~ng a reasonab!e attomey's ie~ and costs of abstracts of title, incurred w paid at
ony il~~e by sa~d A1GRIGAGEE, because or ~n ~Re evenf of the fa~iure on the part of the sa;d h1ORTGAGOR to d~ly, pron,pNy and fu~ly pe~fa.m, d~xharge.
c~re. effec~, cump'ete, comply w~~h and ab:de by ea:h and every ~he stipuiar~ons, ayveemeMS, tu+di~~ons, a~d covenants of said promissory note and th~i
c•+geqe any or e~rhe., and sa d costs, charges ~nd rxFenses, each and every, sha~l be immediate~y dve and payabte; whether w not the~e be no~~ce dr
c~, ati~n:pt to ceCect er sv~~ pr~~d,ng; and the futl amow~~ of each and every wc7~ payment sha~l bea+ interest from the date thereof unNl paid at the
~e oer cen:~•u F~• an~:;. ~~C a~: s~id cos~s, cha:ges o~~a carr~~sri ~ntu~r_d cr Ha~d, loy~~her ~vJh :uth interest, sFwl) be setu~ed by Ihe lien oi tnis
r ~9a.~e.
6. ~hat (a) in ihe event of any b~each of this Morrgoge or default o~ th~ pa.t .,f the MORTGAGJR, or ;b) in the eve~t any of sa~d sums of money
he:ein refe~reci ro be not p~~mp:ty ar.d tuHy pa~d wnh~n tn~rty ~3ut days next a~~er the same ae~era!ty becane due and payable, w~thoul demand a notice. -
; r c) in fhe e.ent each ar.d eve~y r~e st~pu'~a~~o:u, a9reements, cond~tio<<s and mver.ants of sa,d promisso~y note and th~s mortgage any or ei~her are not
: pro:npiiy ar~d t~~ t•; pe~fr.::,ed, d s_ha~ged, e~_wtrd, eFf~c~ed, co~~p'ered. co•~,p;:ed ~ti~;h a~~d ac~ded Sy, then in e:ther or any such event the said ag
,;~!e SJT menf~or.e'd ~r~ sa:d procn~sso~y nr,re ~~en ren,a:~;ng ur.Fa~d,~•nith ime:r,~ acc:urd. and a.l moneys secured hereby, shatl become due and pay-
~'.crt!,.v;th, or ~F:~~r~,^~r, ae thc oc•:o~ .f s.:,d ~1~;~:,;,;.GCE, as fu~iy ar:d co-r~N~rr~~;y as it ai1 of the sa~d suma of money were or~g~na:ly st~pulated
pa.d cr, such dc:, uniihu~a ,r. s:~ a~:o ~!ssory ~~ote er u~ ~h:s hlor~gage ro the cor~~rary no~n.tF.standmg; and thereupon or thereafter at the opuon of
'.~+~RiGnGEE, •:.~rt.cor nof;c~• O' i'c': d'•CI, S.JA at :aw or in eq~nty, the~rfore or tl.e:c:etter beyvn, rt:ay be prosecuted as ii aU moneys secured hereby
,.,stvred pr~or to ,n ~nst~~~•.on.
7. 7Fr! in the c:er,t tt:ar at t:,: F<y;n^ or ai any t~~r,e pend~ng a•~y s:: r~t cn this V!crt3age. or to fweclose it, or to reform it, or to enforce
ent cf ar.y c~•r.i ha~cur:ti_r. „~ci ;..:;R"v:~.:-- 5` -pp;•t to the Coc-t hd:.~•g ; ..ci:cn ihe:rof fo: the appomtment of a Reeeiver, such Court shall
,.::n aF;,:~nt a r~. ~.~r oi s~:d r.v~to.~_n~S o:: o:~d s:ngu'.a~, ir:c:vdrg a,~ ~~~d :.•,auiar the income, p~oflts, iuoes and revenues fiom whatever
- d.>-~~ed. ~__n a~ ~.:cry of ,.,r~ss'~ ,nd_•~s'~cd, is Fer..:,; ncr~3,ged as if spec,fically set forth and described in the gra~ting a~d
~ ~d,,m c:a~ses h_~~ror, ~n;i s~ch Rrc~~._: :ha . h.•.: e:i ci~•~ b~a.:d and e++cti',~r f~-c•.o ~s and pov:ers in anyw~se emrusted by e Court to a Receiver, and
,r.po:~mre~ee SF~31: be r~.~d~~ b, s::rn Cc~r~ rs ar. ~d~~::+,d eR~:,fy and a~•a•i.rr oi ~t:~~ute riyht t~ sald MORTGAGEE, and witiwut reference to the
;y ur ~nadrq.,acy of t'r:e va'~e of e~:-. ,~roc.~~ty ~or+yayed c• t= ti:e su:._~,yo u• .,.a.ency of said MORIGAGOR or the defe~daots, and ~hat such
. > Hrci~ts, ir.c~n.~, ~ss~es a~~d rever.~es snalt br .pp::~ci 6y a.,ch Ffce.~ver acw:a ~o ~he :~en w equily of said MORTGAGEE and the pract~ce of suth
_~t.
8. Te :lv v. F~ar.;;~:~ and fui~y per~or,r.. discha~.~=, e,cecute, e'.fect, com.~;=-re. rx~~t,;y w:~h and ab~de by each and every the stipvla~ions, agreements,
...^.s ar.y c~.vena~~rs n aa:ci prom~sio: ~ no!e s n~ fhs m~rtgage set forth.
9. rhe evr~t thc cr.^:Fr~n~p of thc r-ortgaged pren:ses. or any part tnereof, Eecomes vested in a perwn other than the MORTGAGOR, the
~_.,.r "'z s•~:c_ss;,rs an3 as;•?ns, r•ay, w~~ti:;vt noi:ce to thr `:.O~TG:•04, dea: w:th s~ch wccessw or succe»ar in interest with re(Erence to ihis
;r~e r. d t~e d_•:>± I~~eb~ s.cured ~n :i,e same ~n.;n~:e~ a; ~:rh 1,':~rtgago~ w~thout in any way vit.ating or d~scha~ging Ihe Mortgagofi liability here-
• o: c~,.;n th•~ d_b+ r.~rzb/ s- :'~J. No sa:A oi rne r:e•~:~ses hrreby rnortgaged ar,d no forbeara.,ce on the part of the MORTGAGEE or its s~ccessws
~~~s d ro e.rer: x~ 04 rhe rn~e fur ihe prymen; of tn~ drbt hereby s~cwed gi+en by the lhORiGAGEE er its sviceessors or assigns, snall operafe
_,se, dsc~,a:ye. moC.ff c~•ar:9^ or a`fe:t !^e or~,;:~iai ~~ao.!rty of tiie ~J',~~::..AGOR F:erein, eilher in whole w in part_
10. Ir ~s s;:~c !r ~g~ ed tn~~ ~:~n~_ +s ef sF.e rssence of thfs conuact end tha~ no waiver of any obl;gation hereunder or of the obligation se-
._•~d hare5y s~a:i at .,ny f~;-e ti,.rra'~er'.;e n,:d to L_~ a v:o+rc- of the terms hrreof or of_the ir.str~ment secu~ed herby.
! ~ Sn r _ . , ~ _ .cr-_ o•,•~, , , ' •s of , :;i; and int,.. ;t rry~~red b/ the promssory no~e s~cvred hcr~by, nwrtgagar COVenanii
_~:es ro n, ,-c-•.~^_„~. •~1 23_F , f. e~:i ::d.•,:•.a s.,-n ,•ed ~r mo:ty3gee to be equa! to 1, 12 of ~he an~ual cost of the folbw-
,i p q••.:i t,.,s o• azs c: s. - a~:o,~c d~z~•~ d real es',te.
i _ F~~~ ..s c~ t.~, ~ ds . s. a~ ce o~ ~.~-r~~ rcq.,:~ed ro br d en ihe ~m;,roveme~ts s;tuate on the above desuibed premises.
i ~
~.p,-_ 5;, ~,-o•+~_ ;c g~~a•;~a~ s,:re~:ce es ~,~•ryag.e sha:i !•c~r }:~~e ~o t~:r.e deem fit to earry on the ~oan secured heret~.
; '.~,o•~g~~_e s j•: ..r ~o r~-e ~~c• i; ;,go. ~r v.ni.n~j ef the ~~~o.:~r d~1e and payable hereundrr and wch sum shatl thereupon be due and
t on th. ct_,.- •.r ' , ~«~•~t :•:d e~ch s::ccessive n o~.Th rhe•ea4ter u~~tii mgttaalee shall notify mortgagar oi a change in s~th
S~ch sons s~ • i c_ ;c,t•:,cd e~ :._rsy-a3~e +ohard the payment of rea! p•cperr~ taxes, insurance prem:utn and mortgage guaramy insurance
E ~ . .
S I.^~ :VJiNE~S :'.!icR~~f. :n~ sa~d f.',~ki ' K has nar>_u^to set ~is hand and se a a rst af a~
4 Sig aled a. ' de'iver d', es e of: fILEO thL; tEf:U~D~~
; ST_L11:91 .~UNtY f1A.
C~-.2~ RQGE.:~ :.,~-~~5 " a4
~ - - er
; t' ~.t~ Ctf Rk ~ C LtT COURT t ^ ~~,q
`r / Q~('r~;, Y{ F;1 ~
~ ! ise a x sean
~
_ - - `'--~-'~%1/~- - ~ lseaq
~ J~ 1 8 4~ AN 75
Of FLORIDA
~ S t. L uc i e------- ~ ss.
';TY OF _ I
~ BeEore me personal:y a~peawd RO~ert COX a~
~ Ci Z 1 5@ 1 Gd S. C OX his wife, to me well known and known to me to be
~ -.d:vid~ais desu~: ~d in ar.d who exewred Gfr~lse~c}atr~~:m~ X acknovrledged befwe me that they executed the same for the purposes
x ' expressed. Aad the s3~d-_----------
• ci the sa~d Robert ~1. COX _ upon a separate and private
~ ~ nar:or. b~ me :ei~n s~oarate ar.d apart from her sa~d husband, act~cwledged to and before me that she exetuted said instrumeM f?eely and voluo-
~ ; ar,d w~ho~t any [o*rU sicn, cc~i5'rainT, appr~hens~o~, or fear of o+ irorte her said husband.
?
LYi7tic~5 my ha~~d ard o*'~c:a~ seal th:s___---3rd------ day of January _ A. o. ~9 75
~ r~~~+
r. ~
k
Notary Public in d r the State of Fbrid ~
My Commission xpirer. ~.,~~f i;..~~-^.
~S~~~~~
Re•~rn to: ~i -
~ Noron P~bli-. StaM of ~tul"-~YY~~s~~~;~?.
= rst federal Sa.;n~s & loan Asso:faLOn • y ~ ~r~ '
INy Como,isi~on E:pi4~:" ~i~ } ,y.
~ V' _~t dprd.-~ l7 Amotica~ f'~~- J`! r' ~
%~,-~,t F;,rt P F._ . . : . ~
~ ';'~,;~C' . ~r' '
~ :f ` ' o';,;~ u~ ~
r.~~~, \ s~d/' < -
r..1~ •
~ This Instrument Prepared By Ga ry F. El lKOOd ts~-1 Q~j~~ ~;~i' ,
Y.._ .
K."~r~'~--~, Fi:st Federal Savin~s 8 Loan Association •
Florida ~`=,~•.~`•..:•~_~r~
of Fart Pierce , `~~1~ ~ `
,
.
~ Checked By ~ ~
~ 600K~ p~ ~ "
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