HomeMy WebLinkAbout0896 To plsce snd con~inuou~ly keep o~ the tui!dings now or t.ereaf~e~ •~tuate on sald la~d and on all equipment and perionally cove~e4' by this mortg~
age, with all prumium~ thereon pe~d in fu11, f~re ~nsurence in the ~sual ttandard po4cy form, in • sum app~oved by fhe MORiGAGEE, and w~nd:to~m
~nivrenc~ in ths usua! ~tandard pol~cy fo~~n, in a~um app~oved by ~he MORiGAGEE, in such tomp~ny w compani~s as the MORTGAGEE may
d~rea; a~,d all fin and w~ndNorm insura~ce polides on any of sa~d bu~idmg~, any inte~es~ therein or part thereo(, in the apgreg~te wm ~for~said or
ir, e,~cesi ~hereof, shall cuntain the usual standa~d mongagee dause w~uch o~her c~auss ~s th~ Mor~9age~ may requ~r~, mal~np Ihs loss unde~ sa~d poli~
uas, each and eve.y, payab.e ~o sa~d MJRtGAGEE as ~ii irocre~t may appear, and each and every such pot~ty shall be promptly au gncd a~d delivered ro
eny hetd by faid MORiGAGEE as F~nher stcurity ~o said moitpage debL and, nof less tMn ten (10) day in advance of fhe expirat~on of each po6cy, to da
I:ver to said MORTGAGfE a renewal therrof, togctMr wirh e rece~pt fa the prrmium oi such renewal; and there shall be ~o fir• or windsto~~n iniu.u+t~ .
pleced on any of sa~d build~nys, any i~teresf there~n u par~ ~herco(, unfess in ~he form and w~th fhs loss payable as a(aesaid; and in ~he event any sum
of o,oney bccome~ payable undcr s~ch policy o~ poGcies ~e~d MORTGAGEE shall have ~he ophon lo reteive and appiy th~ same a? accoum of ths indebted-
^esf sccwed hereby or to permit sa:d MORTGAGOR$ fo retaiva and use it w a~y parf thrreo! ~or otner pwposrs, w~thout th:r~ or wai~i•~g or nnaa~r -
~ng any equity, lien w righr under or by virtue of this mo: rgage; and in the event ta~d MORiGAGORS ahall fa any reawn fail to keep the sa~d p~emisrt so
~~su~ed, a fail to dtlive~ promptly any of sa~d po!~ues oi insura~ce ro ss~d MORIGAGEE, or fail prompNy to pay fulty any premium therelw o~ in any
rrsNect fail to perform, d~xhe~ge, execute, effed, tanpfetr, co~r~ply with and abide by thit covenant, w a~y part hrreof, sa~d MORTGAGEE may place and
Fey fw such insurance or any pa=t thereof wit~oot waiviny w a(Fecting any opt~on, lien, equ~ty, or right undtr p by virtue of this Mwtgage, and tht
f:,u amovnt oF each and every such paymeM shall be ~mmediare~y due and payable and ahail bear interesl from the date thereof until pq~d at the rate ol ~
r per cen~um pe~ annum and to~_tnrr .v~th tuch i~~terost shali tx srcurrd by the lien ol th~s mortgage. •
To perrnif, com~nit or suFfer no waate, impainnent w deteriu~at,on of ~a~d property w any pa~t the?roE. ~
5. To pey all and singular the costs, charges and e~pcnszs, including a reasonable enuney's fee and costs of abstracts of title, incurred or paid al
t~m.e by said MORTGAvfE, because or m the even! of the fa;lure on ihe part of ~he soid htORTGPGOR to duly, promptly and fully perform, d~scharge.
_,:c~te, elfecf, complete, t6mply weh and ab:de by each a~d every the stipvlat~ons, agreements, condit~ons, and covena~ts of said promiswry ~ote and thii
-~r.yage any or either, and sa-d costs, charges and e~epenses, each and every, shatl be immed~atety due and payable; whether or not there be notice d~
r•;nd, auempl Io collect ot suit pend~ng; and the full anwunt of each and every such paymeet shaN bear interest from the date thereof until paid at the
n;ne per ce~~t~m F;r an~~u.n; and a1t sa~d costs, ckar;~rs d~~0 ~tp2~~SCS irxur~ed w paid, togethe~ wAh such interes4 ahall be xcured by ~he lien of thi~
m.ortya9B.
6. That (a) in the event of any breach of ~his Morrgage or defaulr an the part ot ?he MORTGAGOR, oi=tb) in the event any of ss~d sums of mone~
h.-rein referred ro be nol prompNy and fuliy paid within ~h~ny (30) days nex~ a~ter ihe same sevtra!!y become due and payable, withou~ demand w notice,
icl in tLe evero each and every the stipvtations, agreements. co~d~i~ons and covenants of sa;d p~omissory note a~d th~s mortgage any w e~ther are no1
promptly end fu:ly perfonned, c! uharged, execut~-d, effecred. co~npiered, co+np~~ed v.~!h anJ a6eded by, then in e~ther or ~ny such event 1he sa~d ag
: J. 3are svm mentioncti in sa~d prom:ssory note thrn r~maini~~g unpa~d, with interest ac:r~:d, and all moneya secured hereby, sha~) become due and pay-
a:; ~ forihwirh, .x therrafter, at the opr~on of so~d MORiGAGEE, as fu:ty and comp:eteiy as it al! of tl~e wid sums of money were wiginstly stipulated
, h_• pa;d on such day, anythin~ in sa.d pro:nnsory note or in this 6torigaye to thc ton~rary notwithstanding; and thereupon w thereafter at Ihe option of
s.:! ~.tpQTGAG:E, w~thout nonce or demand, suit at !aw w in equity, therefo~e or ihereaiter begun, may be prosetuted as if all moneys secured hereby
. _ii neat~red pnOr lo ~t3 institutiOn.
7. That in tl~e event that at the beginn~ng of or a? any time pending any su~t upon this Mo~tgage, or to foreclose it, ot to reform it, or to enforce
ent of any ci~,-ns herrunder, se~d ~.'.ORTGAv:E sha~i <pply to the Court hav~~~g j~nsd~ction thereof for the appoinimeM of s Reteive~, such Court shail
' ...rh ap;.c~nt a r~ceiver of sa~d mu~tgaged pro~erly aii and eingvlar, inUvd:ny atl ard s~ng~iar the intome, p~oFits, issues and reve~ues f~om whatevtr
darired, rach and every of wh ch, it beir~g ewHrrss~y ~ndrrsro~d. ~s hereby n:crtgagrd as it spec~fically set fpth and dexribed in the g?anting and
~!.d;,m c auses her_wf, a~d wch Recei.er sha;l h~vr a11 the br,.~ad and effective sur.ct.c»s and powers in anywise entrusted by • Cour~ ~o a Receiver, and
> . ~ pointment sha~~ be mada by such Court as an ad~nitted equity artd a m.atter of abso~u~e right fo said MORTGAGEE, a~d withoul rcfetente ro the
a_~,cy or inadeq:,ac~ of the va~ve ci the properry mortgaged cr to the so.vency or ~~soivency of said MORTGAGOR a the defendants, and that such
~s, profits, i~come, issues and revenves shall be ap;:iied by such Recener accord.ag to thr lien w eqvity of said MORTGAGEE and the praclite of such
~_~rt.
8. To d~`.y, prcm~;t'y and ful~y perform. d~scha~ge, exec~re, effecr, co~nple!e, mn~p.i~ with and abide by eath and every the stipulations, sgreemenls,
_.•..ns and ccvenants ~n s.i~d prom~ssoty nore a~zd ;h:s morrya~e se+ forth.
9. Shat in the evero the ownershlF. of the mor!gzged ;:re~~~ses, or arr~ part thereof, 6e~omes vested in a person othe? fhan the MORTGAGOR, the
..~~SAGEE, ifs s,,ccessc~s ar,d ass~CJ~7i. m3y, w~nc~u~ nof~~e ;o rn:. .V!ORTGI,OR, d-=a: w,th such soccessw or successw in interest wi~h reierence to thia
_•~~age a~~d the d_o! hrreby se:~red ~n tne same manner as w~~h LScr.yagor w~thcut in an~ way vifiating or discharging the Mottgagori liability here-
. r or uFon the d_t,t h,reby scored. P:o saie of tf:e Fre•r.nes hereby ~:.ortgayed and no (orbearante on the part of fhe MOR7GAGEE w its sutcessori
.,s;;qn: and no exre~~s~on ot the t~::~: for tf~e payn rnr c! ti,e drbt here~y secvred g~ven by the MORTGAGEE or i~s successws or assigns, shall operale
ease, d,scha~ge, r.;c~,fy change or aifea ih? or:gu•,e~ ieau,l:ty of fhe 1l.ORTGAGt7R herrin, either in whole w in psrt.
i0. It is speuf~ca~iy agreed that s~me is of the rssec:ce of this contracr and that no waiver of any obligatron hereunder or of fhe obligation se-
~_red hareby shal~ at any time thereaiter be ise:d to be a waiver of the terms firreof or of the instrumeM secured herby.
11. In add:tio~ •o the (orego ~,g rn~nahiy payn~.-ras of ~;riric pai and inierest required by the promissory note secvred hereby, mortgagor eove~anfs
~ c~gr~es to pay to ~.+rtg.~gee ~n~~h each monthiy n~>•.enr an aod;~~o~+a; sv~n est:^~ated by mortgagee to be equal to 1~ 12 of the annual cost of the follow-
A-ia[S rea~ proW-•!i taa:s 'evie:i or ass=s>_ci ~gii•:st thc acove describcd real estate_
n-Fr;•.. u::-s on f.re art~ winds70 m~nw•a:~ce as he-e~n r^q,,;~ed to be ca~r~~d o~+ ~he improvements s:tuate on the above described premises.
C-Pre~r.:_~ms o^ s~~ch mc~t33Ze gua~a^!y icwra•,:e as mo•roagee shaii fioT ~ me ro time dc-em fit to carry on the (oan sewred hereby.
Morfgagee s~~~ ~'~~m i~~-,.~ re ~:c ~.o+~t~ rc~ort~rgor ~n v.ri~,ng oi the a-, o.~t dve and payable hereunder artd such sum shall thereupon be due and
e on 1~1~ C~UP da+e c£ ~he r.rar •nornhl; p,y~„en! ar,d e:,ch succ~~ssive ,r.ovh thc:eafter untii mortgagee shall notify mortgagor of a change in such
-,n~. Such wms sha:~ be app~~ed 'oy mortgag•,e ror.a•d the payment of :eal prope.ty ta:es, insurance prem;vms, and mortgage guaranty insurance
• ;~,~,s.
IN `l~IiPJES~ 'r'iHER[OF, th._ sa:d /AORTGk~CR has here~nto set h~s hand and seal the day a~d ear first aforesaid.
! Signed, Seated and delivered 'en the presence of: ~ ~
- y~ a4
: Stet~en . T aynor
Seai)
;
- ~ Sean
; Carol Tr~;~noz~
; (Seal)
~ " OF FLORIDA ~ '
~ t. L u c i c~ ss.
;':TY OF _ ~
~ Before me penonaliy appeared _ C t e~' L:Z ? T Y ~ V'10
and
~ ro , T r~!~ ni~ r his wife, to me well known and known fo me to be
~ ~_~ndividuals described in and who e,eccuted the foregoing inst~ument, and acknowledged before me that they executed the same fw the purposes
express?d. And the sai~ ~1Z01 Travnor
•`c of the said ~t f'~'t~ll ,J . T' ~yno r upon a separate and private ~
~ nat:o~ by me taken separare and apart from her sa~d husba~d, acknowiedged to and before me that she executed said instrument freely and volun-
; and w~thout any tompulsion, constraint, appreF~ nsL~on, or fear of or irom her said husband.
~ WIihE55 my hand and oif~~~al seal this._____-L'~' day of ~ebru3 S' A D. 19
• • i
S /K/
Notary Public in a~ fw the Stst f F{orid~ rge
t My Commission expires: .
~ Return io: ~j
~
~ :;rst Federal Savin~s 3 loan Assxiat.on ~O7 T' t 1
~ ~
r Of fc.t P erce. f L~~ ~NQ aECO1Z~E~ r,.~~~•~IIU~., , ' -
,
° fo~t P;erce. Fiv.~da j~. WCIE COUNTI? FLA. if~~s/f 1~,~~
< ROCEF+ P01TR~5 = `C. .r..:., 'C ~r•, .
~ CIERK CI^GUIT COURT • ~.;.d;'.
• i--,,'-
~ ~ RFCbRD YE~ii~lEp ' ~ • O R ~ ~
~ This Instrument Prepared By 7o~~r. i~ . Co 1 1 in s c ~ `r' :
~ First Federal Savings 8 Loan Association f~8'Q 3 as PM ~7~. % ~Q~~
~ of Fort Pierce ~ rl~ ri~':+ ,~'•p(/~ L~'C
Y ~n o ~
„ • :
~ Checked By~_ 30~1GrV '..T%.~ ?
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~ °R236 ~ : ,
~ 800K
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