HomeMy WebLinkAbout0891 7. To p~.xe a~d cor.r~n~,o~.s'y ~eep on tne b•~~'d~~~3s ~~c.v O~ I~r~2s~~Bf ~i~~~re on s~~cf ~a~x! and cn all equ~pmrn~ and pe~so~~ally corarrd by ~hi~ mor~g-
ege. w:+h all prt~.iu:nf lik~ron Fod ~n f~:t, i~~~ ~ns.,~e. tno .,s„~i sTa~xla:d yu',c~ lonn, in s w~n appro~ad by the MORtG:+GtE, a~;d w~nds~orm ~
~~s.,.ance in ~he ua~a: s~a•~dard pot.cy io=~n, in a a.,m srF:ruvrd b~ ihe MORiGAGEE, in such company or compan~ss as ~ha MORTGAGEE may ~
o.rrct; and all 1~re a:,d a~ndstorm msvrance No::c~es on any o( sa~d kw~~d~ngs, any ~nterest the~ein or part thereol, in the ag9regare awn atoresaid or ~
excrss ihrrcof, shall cc~~o~n ti:e usua! st ~~'da~d mOr~yagra c~3use o~ nu:h o:hrr c~~use as Ihe Matyagee may requ~re, mal.]ng the ioas u~Kle~ sa~d poli- ~
c rs eech and every, pa~~e, ~ to sa~d h~OR7GAGEE as ~ts ~rucr~st ~z~oy appear, a~d E:,ch ~~tid every n~th po!~: y sl:all bn pranptty ass g~~'rd ar.d de~~vrred ~o
ic~ he~d by sa.d 6tORiGAGiE as fu~~her srccriry ~o si~d nw r~e~e debt, and, no~ :esa tfwn ten (10) da~s in ad...nce of the expirahon ol each pot~cy, to da
.er ~o sa;d r.tOR~GaGfE a:er•ewai thcreof, ~oyethrr v~ith a rrce~,~~ ior th~ pr~~~,r,m of such renearai; and there sha(1 be ~w fre o~ w~ndstorm insu~ance
p!~ced on any of sa~d bu~~d~~~3s, any in~:•~at th~re:n a parl thrr~•o(, v:~~css ir ~he ~or~n a~zd with the tuss payaole as aforeaa~d; and in the event any sum
c~ n:on.y becomes payab~e ~nder s~ch pot~cy or pol~ues aa~d MOk1GAGfE ahe~l have ihe opt~on ~o receive a~xl appty the same on accoun~ of the indabtrd-
^._~s set~r~ hereoy M to ptrrr.~t sa.d 1~1JRT:iAGJRS ro rcceive a•~d ufe it Or an~ ,~.:~1 tt.•_:.~ol I;,r cti,•~ c::r:cs~s. ~v~~no~t th„~u: ve.p.,~r- i
~~y equ~~y, i:rn a r~ght under or by vir~ue of ~h~s mcrtgegr; and in the evero sad MORIGiaGORS shall !or any ~cason fael to keep the sa~d premisrs so _
rr.,•ed, or f,~il !o de~~ver pro~~:ptly any of a~~d po;:c.es of ~nw~ance to sa'd MJRIGAGEE, d fai( promptly to pay fully any premi~,n ther.-~w or in a~y .
•-s: ect iarl t~ pr~form, d~s:h,rgA, e~e:~tt, ekect, comp:e~~~, co:nply wiih and abiJe by th•s covenent, or any part h,.•~eof, said MORTCiAGEE may place a~~d
c~, iw svch lnsur~nce o~ any Fart the:eoi e:!huut waiving or affecting any o~~•on, Gan, equ~ty, or ngM under or b/ virtue o~ ~~~~s Mortgaqe, and the
. amount ef each ar,d e.ery s~.c~ ~~m~~nr aha" Ee ~rvnrtJ.ateiy Jve and ~~ab'e and sheit bea~ interest f~om the date thereof un~it p;,~d a~ the ~ate ot
F,ar cene~r. Fer •~nu:• _^d ~ ach s-~:1~ i,:t,~~cs~ y}~al; _.r S.•~..:,;1 b~ thF i,en of th~s mOrtgage.
4. To pe~rt,i~, commit or suffer ra wnste, imHa rmcnt o~ de~e~~orot,on o4 sa~d Nropa~ty a any pa.t ~hercoL ,
5. To pay atl and s«g~:a+ ti~e costs, cnargee and e¦, er~ses. ~nciud~ng a~easonabie attorr.ey's fee a~d cos~s of abstracts of tit~a, incu~red or paid at
..••~.e by s~~d /~:Gt1i,AG•_E, ceci~se c~ ene rve~~! oj tne fa.~uie on the pan ef ihe sa~:.+ MJRiGAGOR to du~y, promptly and fuliy perform, d~scharge.
.-..,e, efiec~, ca:~F ta•e, ce ~~F::y v~~~k ard ab d•~ by e~?h and e.ery rhe shN~!a~~ons, agret~nenls, condihons, and covenants of said prom~ssory note a~~d ~h~~
-~~:;agr any or e~~he~, a:d sa d cosrs, charges a~~•d expenses, each and every, ihaU kx ~n~mvd~ate'y dva and payab;e; whether or not there be not~ce dr
attrr:~pt to co:iet! or s~it pe~:~,r.g; and ttee fu~l mncunt ot each a~~d e~ery such payment shall bta~ iroeresl irom the date thereof uMil paid at Ihe
n:.,r c>e• c~..,.. c_• _,c ;_,1; s~s. c:..~~~~ s a ui a lt}.~`~ S!'S ~~'.CL~fC(~ er pa~d, toyether w~th wch interesl. ahall be seCUred by the 6en o1 thi~
: ~~3age.
6. That (a1 in rhr eve~t o4 any b~ea:h of tn;s Mc~tgage or d~ja~~t on the part o' thc MORTGAG~R, or (b) in the evont any of sa:d sums o( money '
-..e~n re'er+e•, !o ~e na pr~r:;;t:y and t~~iy ~,z:d v::r+u~~ th.rt~ i3:~i da~rs nent a'~<r iY~e same se.~e~a!ly become due and payab!e, withovt demand w notice,
in :hr e.^~• each a^d r.er~ iF,e srF~u~at:nni, ageeements, Cordt:a~s and covenar~tz ot sa.d promissory note and th~s mortgage any or either are nol
. ~•o•~-r~:y ar.d ~u ; ~rrtor~r~.:. ~,_l:~r~ ;,.`:d ejte:red; rnrf.'eral. co~:, ed r..rh and a~~~d:d 5y, then in either er any wch eveqt the sa~d ag
_ ~~'e s~~+ rnert~o:~-d se.d p:c.~•sso+~ no?^ ti~cn r.~~a!-~:.ig w~ta~d, with i:~!r~e,t 3~::urd, arxi a11 nwneys setured hereby, shail become due and pay-
. •N::^..v~'h. .7r t%~r~_,`*er, at ~he cc•~.~- c+ s~.d h,V~T'G.+G~E, as tu;~~y a•+d cer~~F:rrr:; ~s if all o( N,e sa~d sums of money were a~ginaUy s~~p~lated -
; a d cn s~ch ~.:i. :^ytt,` .3 i. a; ~scry ~,c*e or ~n N~~s St~rt3a~.• ta the co~~~:ery nor.v~thsta~~d.ny; ai~d the~eupon or thereafter at the opf~on of
:'~r1v%~E:. v..^„vT ro~.ce- c~ e.. .,cl. sc~: at .aw c~ ~n eu~,ty, tnere'.,re c• therrai~rr txgv~, may be prosec~ted as if a:l moneys secured hereby
- • ~ .r.r_ti cr~.o• r:: .rs ~r.sr,•~_~ on.
7. it a• t•F:3• a* e• ~~r~;:.n •~q r° ur at iny !::n~ Fend~ng any s~~: vFo•i th~s 11~ortyage, o~ to foreclose it, or to reform it, or to enforce
; a•i•: ~ s , e,.~ si a:.:p{.': to tne C~.:rt hav~~ g~v:~sd ct:en tn~~r~oi 1or 1hr appo~ntmenl of a Receivzr, suth Court shall
_ , . _ . s' t _ . ~ . _ ~y a,:d : ~v~ar, ir.c'~:i n~ a~:d s~•:guiar tt:e income. prol~ts, iswes and revenurs tran whatever
-,..-..z.. o+ , ._,:~f ..,:•essy ~ d~r.st,;od. .s Ye'e::/ n,ortgagrd.a3 ~i sExc.{ical{y set forth and deacr~bed in the granring and
c a~,~, i;._ tl;,:~ R_c<•~._r sr:~ : l..~.., s ~i~; b~_~:,d and e+fecuve (~^c!•ons and powe~s in anywise entr~sted by a Cou~l to a Reteiver, and
c e•ir sr~::, c~• r..,ae s_~:h Cc..r' ~e ~:,..i ~.'•-a ~y~~~Y a~ed a n•a~ter of absol,,•te r;ght to sa~d MORTGAGEE, and without re(erence to tht
~~~c ~~:ad-a.,~c~ i:.e ve.ur o: .:~o,_+'~ ^'..~~j=yed .r +ie SO.~i: Cy Jr ..~v~11tY of said MpRiGAGOR or the derendanis. and that s~ch
~ r-•_•:~s. ~:ccr:e. ~ssues a^d re.er.ves sho;t o< aFt~~ed f~~ s.:.h Rrc_~:er a:c.~r.i :.g tu the iien or equity of said MORTGAGfE and the prattite of such
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3. ?o dv ~ F~c~-; r.y and f~'~y ;:e<<erm, d:sc~.a~ge, eYec~te, effect. ce~rp!.~te, cer: ;,iy wirh and abide Ey each and every the sripulations, agreements, ~
_~s a~~~ w~.~:.a•~:~ n s~,d Nro-,s~cr~ ~~!d :n.s ?::r?y~~~ srt for+h.
;t che e. •^r :~~c o..- rr.~. ~ oi f~~ r-.::rtgaged F~i -~ies. o• ~•~y p~rr ~ner~ of, becomes .•ested in a person other than the MORTGAGOR, the
a ~ _ . ;
~ •s s..<c-ss_~s a~u 3s: •ar, v.:'iwu+ r.ot.ce :o r.'•e :N;~K-:;%.Ot, d_-e~ , su:h successor or successor in interest w~th refererce to this
_yc a•c tt.~ d_-c _ rb.: ~e=~:~ed ~n 'he sa~r'•~ ner as v:~'t: ...:.r!ga~or vv th~~1 m anr v~ay vit:ating O~ d~uharging the J~rtyagors' Siabilety he~r
c. +r- ~+_~c~•r~•~~, x.. ':e s~ ~ os c:e--.s^s h_-zb, ~r,v.ly~grd ard no forbearance on the part of the !110R1GAGEE or its successors
d~_ ~-~•s.~ •ne ti-s ~ _ ~~~r:• ' u` rr~e d_b! 6•~-c~y se.~r~J gwen by the htiORTGAGEE o~ its successors or ass~9ns, ,;:al) operate
o;= cd.'~ ~_•.g_= or aeiect~'tre o•:~,r;,i fiatr.t.t; of the h.'vR;GA(;V2 herrm, either in whoie or in part.
; D- tr :s s_~~c f•. y a~ _••;d ~ha• r. • a ~s of r~., esse:~ce ef !h~s co•~traa and ihar no waiver of any ob~~gat;on hereunde~ or of the obligation se-
; h_re~i s~a. a• ar.: T~.•:e ti:;re_•+e~ b_ ~e'~ to a w~~.~-~ ci +he 'enns hereof or ot the instr~mem sewrcd herby.
1 i. ir. : ~ _ , _ . _ .-c , •~o- ~ : a.,• -^•s ~t ~•~rc ~ei ~rd ~ *e.. s~ re::~.:-cd by the prom'sscry no~e secured hereb~, morigagor eovenants
,~_~r~ c•_ . _ , :..'r ~ _ , , . . . i ~a' s.~~~ _s• • s•eci h~ rrcrtgjgre to be equaf to 12 of the annual cost of the follow-
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i ; , s _ , . - - . , . so c_ _o ~ ~h.. . :rovome~ts s;twte on the above described premises.
j C-P•-_ s c-+ _.c- _-s n,or~ ;~y•-~ sh~:! 4cr r~ e eo t~~•~e deem fit to carry on the loan sewred hereb~.
:'p • - y• •'c ='e = r. .-;t n~ of i~~~ h. ri! :ioe and a a le hereundrr and such sum shall 7hercu n be due and
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E - . . , _ ~ r . . ^ • ~ , , . - . ~7 c•..:h S~:C455~.C 'rG~~ih r. ~•ceafrcr uci~~ mcrtg3gee shall not~fy mortgagor of a change in such
• So~~ .;.S _ ~2 a.;~ n.~e ~:ey~re^t of real prcpcrTy taaes, inwrante prem:ums, and mortgage guaranty insurence
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i i': ::•~`.E_5 :.~=~=GF. :~e s~d 'L,~;';~~~~» %~as hereu^ta set h~s h~nd ar,d seal the day and year first aforesaid.
~ S:gned, Sea'ed a-d de :•:ered in ~he oros_r.ce of: F~~a k~l:: r:GG~:~~EO
~ ~ St.IUCi~ ~:UU!~iT FU- at)
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- - - - a~t;^: . ~E ~ ' ' ? Seal)
~ ~7 ~ ~ C nie F ~iooh~r, hi~ tvi ~ ~~a~~
~ ~ a L 51 PM 75
~ - _ OF FLOR!DA
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~ _ .-•r o~ ~t _ I,uc1-~- ~
~ Be{~.~e mr perso~~.:~ ~pp~zred TeI'Ty j.. Pooh~r and
~~1_Q_~ . T~iQOhf'r_____ his w~fe, to me well known and known to me to be
~ -J~vidva's descr:c_d ~n a~d v:ho exec,:r_d in_ focegang inserument, and ackrrow:edged before me that they executed the same for the purposes
~ . . ~ ex;.~essed. And tn- s>_:d-- - - -------.~ItIlle ~ . ~001"IE'T"
~ _ _ ~f rn- sa:d _ . _ . -_TL'I~~!_ ~~-~2~~r_ _ vpon a separate and private
~ ~ t ~ n-e t~~:r se;:a'3re ar:d a::r.t '~o,n her sa;d husband, atknowled~ed to and before me that :he executed said instrument freely and vo{un-
~ . a~ d.c •4 a:.~ c~~ c~ s+e~, cr;s'r;;::n, a: ~.:ehrns cn, `or fea* of or from her sa~d husband.
~ ..Ei'._:i ::3~,~ ard o~=:c a~ sea! t}~ s ~-L!~ - daY °f------- -~aillla r,? A. D. 19 7S
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= Notary P~bGc in r the State of Fbrida at Large
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_ My Comm~ssion xpires: ~ i
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Y; Re•~:~ ~o Nero.y ?~bl:e. 3roe. e( -y~
. s~ fece~a! 5~.~-ys L lo~n As.::~_'.on My Comw~istion Expr~s Jd ~f~,`:-
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~ G~ _ F ~ ~ond~d by American fin f wliy Co:.~~j~
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Th~s Ir.sTrumenf Pre ared B• T'nhn~'t ;1. S~ishc~r, Jt. - ~
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~ F~rst Federal Savings 8 Loan Association . ~ • ~ ~
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of Fort Pierce t'lori~:~ 33•~?SO 6QQ~~~ 1~;~~
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