HomeMy WebLinkAbout0771 3. To p'.ate and tonhnuo..sly keep on ihe b_~'d~ngs ~•ow O/ ~~ercafter ~i~ue~e on se~d ~and and on all equip~nent and personally tovtred by this mo+lg-
e~e, w~lh ail p~r~uiums th~reon pa.d io tull, fire inswa~x~ ~n the usvai s~anaerJ pu:~t~ form, in a fum appro+cd by the MORiIiAGEE, a~~d w~nJstorm ~
;ns~~ance in ihe usual standerd po!•q form, in a s~m eppro.rd by the MORTGAGtE, in auch co~npany or can,wnies as ~he MORTGAGEE may `
d~retl; and all firo and rv~ndstc~m insuronce pot~ues on s~~y of s3~d bv~W~~ys, any ~nterest therein or part the~eof, i~ the aggragate w~T aforesaid w ~
in ercess ihrreof, shall cont.,in ~he ~sw~ sto~~ddrd mo~tg+gee ciause w svch o+her cause •s the Mt,r~gagee mey ~eyu~rs, maAing the lose ~ndar sa~d poli-
c~es. eaih antj 0vr~y~ V.iydi:"r 1G 5~~~ P.:vRiJ~C7~~ aS .:,::::1• ,*.dy ~r>F~°~•~ 3••d r_ch >.~d every tuth pouCY sl~a:l be p~On~pliy assyned and det~fered ~O
ani hetd by sa~d MOR(GAGEE es f~rth:r sew~~ry ro se~d m::~gayr debt, ard, not Ecss than tan (10) dnys in adronce cl ~h~ expira~~o.~ of each policy, to de-
~~.er to sa~d A10RTG:.G'.E a renaw~a! the~eof, ~oge~her w~th a recr~pt for the pir:nwm of s~ch renewai; and'~here shall be no f~re o~ wE~~ds~onn insurante
p:aced on any of sa+d buiidings, any intrrest thrrem a{wrt nc~i«of, un~esi in thr fom~ a•~d tiith the ioss payab:e as aforesa~d; and in the rveN any sum ~1
o~ money becomes payable ~~nde~ such policy or poLc~~s sa~J MORIGAGEE shall have ~he opt,un ro recrive and apply the same on accoun~ of the ~ndrbtrd• ~
n<•ss sacwud hrreby o~ ~o prrr.~~t s.+:d MORTGAGORS ro rrcei~e and ~se it or any ;,~rt t1:-r. of tor er~~~r i:ur~.os~s. :.:~~~o~t th:•, .v..~.~ or
~ng any equ~ty, IErn or right und•~r or by v~r!~e of th~s mc:~gaye; and in the evenr sad M0~2Ti,AvORS shall :ur any ~zawn fail ro kecp the sa~d premises ao
i~sured, ot iail to de!~ver p~omptly any of s~~d ~c+:•c~es o) inwrance 1o said MQRIG:.GEE, or faiE p;ro~nptly to pay fully any p'enwm therefor o~ in a~y ~
zct fail to prrFo:m, d~scharye, exec~te. ef~ea, compteta. canp~y wi~h and :abide by th:a covenant, w any pa~t h~~~eoi, said MGRTGAGEE may p~ete a•~d
t~+: !o~ suth insurante or any part the~eof wnhou~ waiving or afiecting any oW:.~~i, 3~rn, equ~t~, or right unJe~ o+ b/ virtue of this Mortg,~ge, and tht
er~~o~nt ef each and e~ery such paymem snat~ tu i«~medlate~y d~e ar.d pay ~b!e a.~d ShJil brar interest fro~n Iha dare ~hereoF u~~~il p„~d a~ the rate of
p~r centum ~:er an~~~ r.~ a~~d tn,7r;i~:•. .~:!h s,~:h intr~~_~+ shaL ~P sec:,r~•d 6y the 1,en of lh~s mprtgage.
a, io permit, commit a su(fer no waare, in+pairn'.rnt or dcter~ocaT+on uf sa~d p:~~.e~ty or any part therrof.
5. to pay a!t and sing~ia. the costs, cha.ges and expe~srs, ~ndud:~~g a reeso.~aL•!e aftomey's (ee and costs of abstracts of tille, incurred w peid at
~.~..~.e by ~o~d h1G21GAG:E, because o~ in the event of th~ ta .:.re o~ ~he part of rne sa:d MORTGAGOR ta d~ly, p~o:nptly and ful~y prrfor~n, d~scha~ge,
•:~re, ef(eU, cc:»p~rfe, co~~ply w~th and ab:de 6y each and every rhe st~pulanons, agrre~ne~rs, tond~tions, and covenants o~ sa~d p~anEssory note a~~d ih~i
;•rq,,ge any or enhe~: a~,d s.+~ costs, charges d exprnxs, rath an;~ every, sha~! i,e ~mmrdiately due and payable; whe~her w not there be notice da
; a, dnr~~~pt ro co.~rct or su~t pr~~d:ng; ond rhe fu:~ a~uount of e.+ch a~~d e~•ery suct~ p~yme~t sha~l bea. imerest I~om ~he date thereot umil pa~d at the
n: ~e pr~ c~m~~u d.~~..,:~~: r~~c: ai~ sa.d co.'>. ~i~.,rgea ~^J ~a:,c~ns;s ~tu:red er F.;~d, rogetV~er .v~th such interest, shail be secured by ~he Ilen of th~~
„o~tgage.
6. That (a! in rhr e~em of a~y b~each of tt~ls A1orlgage or defa~'t e~~ tt,e aa.t cf the 1.10RiGAG~R, cr ;b) trt the event any of sa~d sums of money
h re~n referrad ~o be r101 pN •"~plly and lut~y paid v+~t~~n th.r~y ~3J! da~s next atr.•r ri~e sa~~~e se+era:iy Geco~»e due and payable, without demand or no~ice,
_•,U in she evenT e,uh and rvc•y fhe SIIJ'J dt10•'15~ a3rcements, cond~+,o~~s and covenants of s~ d promissory note .:nd thn mo~tgage any o~ e~ther aro not
cro~r.ptiy ar.3 ~~~~ly perfJ!mBC~, O 5:~3•~•_.i eae-~tcd. r~te.~rd, w~nF!etrd. comp::ed w~'h ard 3i~ded 5y, then e:ther n~ any such evenl 1he sa~d ag-
, :_+'e s~~n menno~~ed i~ sa:d pro~>.:~so•~ n~+•~ t~e~~ re:~•a:nL,g ~npa~d. .~.th mtc~r.t acc:. ed. and a~! moneys secured hereby, shall become due and pay-
~,...ti._.:•w .ti:,.~.~,... ~M ~,.,nn+ r:~ ...:i N.C)RiGA~,i~. as tu~~v a~~+.i :an~~.~•~r~r ~s ~f all of tiie s:,~d sumt of mOney ~xere ong~naily St~puiated
~ c.a d on such ci.+: .+n~~~:~^g d;:rc ~,~es..rY note or u. rh~s A:c~rgay •~u t~~.~~ con~rary na:ti;~hsrand:ny; o~:d th~reupon or thrreatter at 1he opnon of
•:ARTvAv: E, vti~rl. r.c••.ie cr `na~: a~.d, s. : c: ;ex or in rq:, ?y, ~n_reiu~e er +h._r.roiter beyun, may be prosecuted as if all muneyt secured hereby
~ _ ~~,aturrt} F:r,ot to :ts ;-,st,tu:~un
J. Tl .i! ~n a eve~:t :'r,.~~ ar fhe cr~dn~::•:q cr at any t~~ne {_~r d;rg a,i; ~ th~s llortgage. or to foredose it, or to trfcrm it, or lo enforte
,..nt ci anv c^.~:~s ~.r~. J.•, s:'.i ':,'vi~.~:.'v: s`.a•: ; v te ~ti., r~..~t h..:; , s! c~,en ior thc egp~~ntment of a Receiver. wch Court shail
, , _ ~i - • ~~t i -t~.•~ ~ , .~:~d s, ~yu a , r.. . . . s~ ~r .^.e ir.cc.i~e. Frofns. issues ar.d revenues From whateve?
- i. _ • 04 . e.•,~ - _ ',s . :.J..•s:eod.,~s r~.....,; ~ . ~.~.~~,:i as ~f spec.!~ca.'y set fo~th and descr~bed in the g~aming and
~i ,m t 3.~sc-s r, .a~ c~ s:h Rcce~. _.r si~,~.. ~ 1• ei! in;. n•. ad a^d ettec• .r r:`' ~.s :,nu ~ u..ers in eny.vne entrusted by a Cou•t to a Rc'ceiret, and
. p;;,nrr.•e:~~ s,~~ n, ~de ~~v such Cc~~~ a! sd •~:^•:,i ~.;.;~'y ord a r a'trr o~ t-c,;,:~!~ r.ght ro sa~d MORSGAGEE, end wishoul reference to the
c+ ~~~ed~•;:a:i of tr:~~ :,.~e e, :h; ~:~crr.r~ n.;; ea..yey oc t-: ri•.. _,..enc~ of sa;d hSC~t~Gi~GUR or the detenciants, and rhat sveh
~ LfJl:!5, IR~O'~~C', 1Si~CS ~~~d r~.~.::ues s~~,a.: aF:.,~:..d c, su~i~ Rec~_.~~-: ,.~~~:t.I-g ro tr.e I~en or equ~ty of sa~d MURSGAGEE a~d the pract~ce of such
3. Te d:~`v. F'~:`; ~'y z':~ i~:!y i:r,-io•+~;. daci~_igc, e:te:ure, e~~rcr. ;o^:;~'.,'e. c_-.;:'/ ~uith and abide by each and every the stipulations, agreements,
ons end c:~.enin+s ,n a~~1 Fromissor~ ncce ai~d crs rr.~r.~~i~e s•~t fo~th.
2 T-:at ~n the ev.~ et she cr.ne:sh p pf t,.e~ ~..xta~.~~'' pre ~~ses, or a•tv t~~~ ~i.cr~of, tecomes vested in a pe~wn other than ihe MORTGAGOR, the
.',;~.::..~E, ;~s s.:~oss..~s as-~;rs. ~-ay, .•.:':.:;r •~r:c_ to ~•.c `:•vFT~;;.JS. d,.,: r.ah such successor w successor in imerest w~rh reference to this
rg;ye a:d th~ ~1~ i,t he«b~ s_-;~~ed in the san+.e r,.arn~r as ..~'h .'._.tgago• n.!h~:ut in dny way vitiating Or cl~schdtgirg the l~crtyagori liabitity here-
~ ar urcn eh~ d••or i~r:rc,~ se.•_red. No s~ r of :i~e ~ re•:.~s•rs ~.r-~•o; :na-+y=yed a~ d r,o forbearance on the part of the /AORIGAGEE or its successors
: ~~~s and f.c rxrens:o+~. cf :nr ~.~-~e 1:%• ~V~e ~y ~~r~~t ~~f rt:e d_•ur h- src~,rec' n~.rn by the MORTGAGEE or its wccessws or ass~gns, atiall operate
d~scherge, n:ed;fy ;t:,;~,gz or a~tect C^e o~;y ~~:u ~i~o~..ty cf tne !'l.~JkiGAGO~ ~~rre~~, eifher in whole or in pa~t.
10. It is spec fic.e~ly ag.eed thai t;-»e Ps of the esser_e of ti, s tora:act a^d that no waiver of any ooligat~on hereunder or o~ the ob'igation se-
h-_~e~/ sFa:~ af any ti~~e incrrafte~ ~e h~.d to he a w~~+er cf the !erms he+e~:t c+ of the instrvmen~ aecured herby.
1' L~. , _ ~ . ro.:~.:i,. - ~ ~ . ~~f ; ~ _ - ~nd ~ ._•r. ~r~., d !~y the pro~n`s>ory nc'e sc~u+ed hereb~. mortgagor covenanis
~•~•cs rc ~ h, , ~.:d.~ sv.., s~ -.•_~i ~no:ty3gee to be eqval to 1, 12 0{ tFe annua~ cosr of the follow-
i
~ A - 1 ~ _s [ t~i ~ - . . ~ t.~ . . ~ h, f _~a~ e;•..r-~•
i ~ J 'bed premises.
B P~ r~. u s~~~ f,• rr.d r~.cls . s ce• as nrce~n r q.:red ~e ~-r c;.rr, o~ ~ne nn;:rcvements si:uata on the above d=scn
i
I ~^r<~ s oa n<, w-:~: . c'r _ s~a!; fr * _ to d~em fit to carry on the loan secured hereby.
l,+.o•tq>qee s~~-. o:r, '.:~o. t.'r'e mc,r~~.,~:r ~n v,rit.ng of the a~~ o~r~t d,,a o~.d payablc hereundar and such su:n shall the:eupon be due and
: o~ th~• d~r _i~*~- c' ct : ~d e.:c`~ success~ve mor.fh r'r:e•eah:r ur.ti~ me~tgngee sha!I roKfy mortgagor of a change in such
t _,~r S~ct• :v^~s s^a~~ :e -~p; ny :n:.t~ ;+e::•.~•d r.~e Nay~rent of rzal prc;.erry taxes, insurence prem:u:ns, a~id mortgage guaranty ins~tance
~ , •~5.
~ I~: ':i1TN~~S ::N,n;GF. lr.= s~.d :VvkTt i:as i~erc.~~vo set h~s hanJ ar.d se~l the day and year first aforesaid.
~ ,1 $~gned, Sea!Qd and de' 'eced in the esence^of: ~
~ ' f ~(1L-~ f ~-%~-i.~ >t}L~l*~~J~B ~ (Seaq
~ - ' - - - - . $~lA1'• _ ~ J~i ~ Y Fi1~, ~ i
~ - :~SRfb ~sesq
- - - - - - - - F,1~fFr. , .;U~; COURT,-~\\~ Seaq
?fF~•~_t. ' c^, ~.,.~-r _ l5eap
QF FIQR!OA - - - - ~ ~ ~ s 43 a~ ~~5
~ _~,rr oF --St =--~C1e ~ 2:35'730
Jean M_ Du ont a„d
Before me persoe~a;ly appeared _ -
Laurette Du ont
_ his wife, to me well known and known to me to be
~ •_~^d~vidua's desu;bed in ard v:ho exFcueed the forego~ng instrument, and atknov:'.edged before me lhat they executed Ihe same for fhe purposes
~ •c n express~d_ Ard the said_ _~ule t te ~V~~nt
~ Jean Dupont ~ ~ n a se a~ate and nva?e
~ of th. said - - - - Po P P
~ ~ r~at on by me t.~k~n se;.arate a^d aca~t frc-n her sa~d husba~d, aucno+vfed~ed to and before me that she executed sa~d inst~ument freely and volun-
~ ; e~ d w'~ho.+~ a~~y com;n;i5:on, CO~~Stra~nT, t;
~p: hens,cn, or fear of or from he+ sadd husband.
:1iT :E~S n:y hand ard otir.~a! aeal ths L`=7!` day .JaIIU~3L ~ A. D. 19 7.ri
% ~ ' ` - L
_:~3 ~ Nota.•~ Public in and for the tate of f rida at large
~ N1y Commission expires:
Rerum ie: - ~9-/,~
- -st Federal Se.:r.gs S Loan Assxi,t.cn
p~ t .
~ .
iort P;,•rc~, F:~~ d~ - ~ £
i=
'„:3 . ••v`~i:. - 1~~•(;~'~'i
X Th~s Instr~ment Prepared By John L~~. Collins 1: J;' ' z ~
First Federal Savings 8~ Loan Assocoation ~ ~ , ~ , ~ " -
r= of Fort Pierce , Florida
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~ , ` , ~:~`'~vV -'Y •L •_'f•.,
4; CnecKed By ~ 3
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~ • - , .
/~~~~`~i ~rn e~~
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