HomeMy WebLinkAbout0404 3. To placr and coni~nvously keep on the bui'd~~:~a now or Fureafter eitvare o~~ said ~and a~d on ali equipment and personelly covrred by this mortg• t., •
eqe, wrth ell prem+~aa ti~creon p~~d in iuii, 1ur ~~~s~:o.:« ~•i 1t:e sta~~:io~d Hc,:cy form, in a suni aHprurrd 6/ iire MUR~G%~GEE, a~~J w~ndswrm ~
,~~su~a~ue ~n :he uwal s~and,,rd poi.cy form, i~ a:~n, .~,.i:~o~ed ey +he Mv`RIGAGEE, ~n svch company or com~un~ea as ~he MOk(GAGEE may ~ ~
d,reci; and all tire a~~d ~v.r.Js~orm 1~~su•ance pouu~~s on ,ny of s,~~d b.,~:d:~~s, eny in~errst the~e~n or part thr~eol, in the aygrega~e sum afo~eseid or r
exceia ~hereof, s~~afi co~~~~n tFe USJ3I star.d,rd ~no~t~sgre cia~se ur wch oiher c a~se as the Mortgagee may requ~ro, makmg U~e ~oss unde~ sa~d poli-
c:~s. eath and rvary, ~;a~ob'r to said ~t1vRIG.AGEE as ~ts i~.tci~•~t rr~ay aF.peai, ~••d cath .,~~d c~r~y svch pol:c~ sf~atl i~ ~.rompt{y assy~.cd a~~d dr:~+~red +o ,h
,~,1 held by aa~d 1.IORiGAG:E as funhrr srcu~~ty to sa~d ~rortyoge drbt, and. ~ot leas tt~an te~ (IOi days in ad~~nce o( ihe expirat~on oi each pol,cy, to de-
;:.rr to said h10R1GAGEE a rer.e:•:ai rhr~eof, ~ogenhrr wrth a r~ce pt tor th.: p7r•~ ~~m of wch ~e~~ey.a!; end the~e sha{I 6e no fi~e or wh~dstc~m insurance '
p'eced on any of safd build.ngs, any in~errst thera.n ot part thercof, ~~'css tn thc ~crm and v:~th thr icss paydb'e as a}oresa~d; an~1 in the e:rN any sum ~
of mon~y betom~i pa~ab!c undc~ s~ch pol~cy or po!,ues s.+~d tlORiGAGEE iF~,,I{ have ihr opt~on to rece~ve and apF~.y the same o~ acco~nt of ihe indrbtrd-
n~~ss sec~red hereby or ro pam~it s.~.d b1JRIGAGURS to r~ce~.e and ~sr it a.~~~~ ,:~t ~i:~ .~~of ior c,:',~.,r s:,,:. ..5~•;. ,;.ii,:~t th c.r , np.,~r-
~ny any equ~ty, l:en or ~:gh! under or by virwc of this mcr!gage; and in the event ss d A~~21'vAGORS shafl tor any rCason fail to kuep the sp~J premisas so Z'~
,~•swrd, o~ fail to d,lrve~ p!o~n~~~lp any 4f s?~d ~~:o!.t~~•s ol inw:an:e to sa:d h10kIGAGCE, ot 4ai1 promptly to pay fully any p~em:~~m therefor o~ in any
~~~s~~•:tt (~il to per(o~m, d[sihar~e, ~xec~h• e}}e_t. complrta. cc:nply v~i~h and a:.•~de hr rhs ccvCnaro, o~ any part ht~e4~. s~id MOktvAGEE may p:ate a;~d ~
; for such inswa~~ce ur any prt ihcrcc} w~th.~t x~iv~ng or aFEe~tiny any O;~`~on, iirn. eqv~ty, or tigh! under w by virtue of th~s hlortgogt, and tht ' -
: a•novM of eech and e.ery scrh `a; •~~nt si,a;l Le ~~n+ned~a•e~y d:ie .~ed par~i~~e a~ d iha;l b<•ar interest from tho date thereof until pa~d at the rate ol
~ p..t :ent~~: per cr,f 'c, i_t~ ~ ..,•1. ~.{nr. ~.e ~h.,i~ i,. src, r. d t,y tne i.er~ oi thls mortgage.
i. To permit, commit or si~t!er no was~e, m pa~r•~.nt cr Jcter;prat:on e~ sa~d ;,ro;,erty ot any part the~rol.
5. To E~ay a!I nnd singi~tar the costs, charges a~~d e.:~enses, ,nclud~ng a re„sonai~:e ~t~orney's f~e and cesrs oi abstraUS of tiNe, incurred or paid at
by s~~d MGRSGA~~F, L^c,,~se or ~n ~he ~va:a of ei~e f~.or.> o~: ~i~e ~a~t o! +he s,:d ~ti1JRiGAGOR to d~iy, pro~~p~ly and (ui!y purtorm, dncFarge
..,,re, CfieCt, :cmi„e~e, C~?~~,:y w:th and ~ie ~~y r~:h ar.d c~rry the s~~Nvl~' ocs, agr~en,ents, condnwns, and covenants of said promi>sory note and th~s
~age ~ny or e~rher, ar:d s:~ d ccs•s, c'r;jryea a~ d ez; •.nses, e~•:h a~~d avery, she~t be ~~o~•~~~d~~tety due and payal~:e; whether or not there be nof~ce da
a~re~:~~~t ~o coi:rct or s~it pe~~d ng; .,nd :he tu!i a,n~vnt u: e.~ch ~~~~:J every sut!~ p<+yn:ent :he11 t;ea~ interes~ from ~he data thereot until paid at the
n,,~ F~r a. . ~..,~s. u.a •~:s ~:J z~:s r,c:.•r~d o~ d. tuye~her ~.~rh svch ~nterasr, shall te sec~red by the I~en of th~~
. raage
6. Tha~ 'a,' In ~he eren+ of an;r F,~~•a;h of th~s '.lwtgaaz or d~Pau'r en ths pa•f oi +h~ ,V,ORTGAGOR, or ;b) in the event any oi sa:d sums of money
n refe~red :o be r,o~ prar~~F!~y ac<f 4v'%y ;..+.d th -i~ i3;!~ c.':+;s ne.~! a•tcr tne s.~~~~e srve~a!ly become due and payabJe, wdho~t demartd or notic°,
! in thr e.enr ~•r.ch and r~rrY ~',e s!~~: __~is, a,ueame~ds. co~•cl~::en: acd c~ve•~or~rs of sa.d prom~swry note and th.s mortgage any or either are no1
,o, fy r~ :l , ,;o• ,~~_I. s, _ .:.r,d. e'f.. ~d :w d :i ..~;h d . ~d_.d 'tiY. then ~n elther er any s~ch eveni the sa+d ag-
~ s::~r inar,r, ,._d ~ss~ci r.c. :s_•,. t:_ ~ r~~-a~~d•:q ,.~:f~~.~ .v•.!, i_er~~>t ___..,~d.~ondJa~I moneys secured hereby. ahall betome due and pay.
• r.h.v~rh. or i}._n .;!•rr. at o,.r.~~ d' >.t}2'.G-1GEE. ai 'u.t, „~~a ::~.,•a:r ~i a~i of ~hr sald sums of money mcre or~gmally snp~lafed
:~,~d on such ci;;: .•~;t!~;,7 ,n << ; _ • ,=.r~ . ~TE ~ ih,s _ t~a~•~ ro .a,r;arr nctr.~thsta:,d,ny; and ~hcreupon or therraft~r at the opt~on of
Y.pRTvAG~E, w~•!o:~~ n,rcr d..- .,t I,,:r .,r ~n e~u.~~, ih~-~~:..re oc r'~rro-ai:cr bcyun, n:a~r t>e prosecuted as if aif moneys secured hereby
~ . nturE:tl pnJ~. tG n3 ~ns7i!ut:~r• ~
7 7i:af fn ~'r.e ~.:~:t rr.a~ .,t rhe L:-; 3.` c;~ ~r a•~y '~:~~c. •.d ~ g a~,y r vpon ihis 1'.tcrrga~e. or to foredose it, or to reform it, or to enforce
-r of an~ <~..; s~~•e:: ~ r. ..~,e: :R'':;:-:.. s`~a : ; 1.~ t~ .>.f c..,n thc:rof for ~he appointrr~ent of a Rece~aer, suth Cou~t sha11
. r,n a, , : ::;t a ~._~:er s ~ d ~ • . e ~ . ; . a . _ _ . .,3 ~ e ~';~:ar ti~e income, proh•s, ns~es and rrvenurs from whatever
. !~•..~u. ;i a• _ , _ ~ e ~ c; , . ~ , , n.,nqaned as if sNec~f~caity set ioi~h and deicribed in the granf~ng and
;:r, c c,.es t._,~~~, c+ sv.h 2,: f~r~~ on~ rnd po.•.r.s in any.vne entrusted by a Cou+f to a Rctciver, and
, ~ oin'r^, s'. :;e c..:;ie ~:y s~,c!•. Cc,.. .~s i..,:! ~:•~.,a •J , r o1 atso!vtr r.yht to sa~d MORiGAGEE, and witiwut reference tc the
cr ~;;;c:~ ~~~c; tP,e v, ve o~ !h_ ~.•~t, -r,c. rgtigrr, o: 't~_ ~ s` .e ~cy 'of said t110RTGAGOR or the defendams, and that such
F-of:rs. ~~~cc•~:e, is:vrs ara .:~s ~~+a.: ~F .•~:pl,ed cy s~,h kr•: a__ I r.: i.r tne 1~en or equ~ty of sald h10RTGAGEE ard the preUice of such
Sc ~'v'.. p'^' r.t'y ~~d f;,i~y Fr~o-:•~ d>c. ~~ye, r.x•~:.:+e, erf~ct, u:r~~:~'<•, co•-.~ q•.ti;!h and ab~de by each and every the stipu~ations, agree:neMS,
i ...'tS .3r~,e; C._,.e~:~u~:'S .n ~.~:t~ L:~:~+~St.'y i~~,_ 3~'u '!:,5 r:.~,~:7^y?~;. 5~..; ip.rti .
9. if !n ~~,r r~,_- or.n=r<_^:, of tie ^:,r:q,iocd pre":~ses. c~ cna part t~ereoF. cec~~*~es vested in a person other ihan tfie MORTGAGOR, the
- .,~E: ' i~s s'•.. . , _ . .,nz ;'ric_,+ • o~ to 'G%-•JR, d~a; _~.ch successor or successor in lnterest ~r~th reterence to this
- enti r:.~ ~!..~~~,t t.< <~r~ _~:f . _ . „ .._r as .v~th !ga~^r ..:!~=u! .n any ~~,:y vit~ating of d~sthdrgir.y the LflcrtgagorS' lid'oi{ity F1erE
u~o~, r~,_ ~ ~ o~ _e Fr~; „~s F~ ;b, _.~!g~g:d -ord no fortearance o~ the part o~ the•MORTG.4GEE or its successors
~•:s ar:d _ •n.~ • i. a/~r:,• o: t:e deb• t ~~_y s~~c,r.,,? q:~~n by tnz tAORTGAGEE or i1s wccessors or aas~gns, a~.eN aperate
~ ~~r. d.s.s:ar3r. i.~y : „ , ~Eier. _ ~ f of ?n~ ,...-:c•'=~C~Ji? i,e~r;n, either in v~hoie or in pa~L
t !r ;s s;.•~c ~ e.d t~: ;s oi rr,•~ e sse:::e of t! ,s ca:~racf a•~d +~~at ~o waiver oi any ob•;ga~~on hereunder or of the obligation sr
'E, ~.i hare:,y s~a: ~~n, t-_•n ;e~'r_ .~.:•i ro b• a ~:a~.er of t!:~ •zrrr~s fserccf or cf tF~e instrumcro secured herby-
. . - .
i ! : ~ . . . , r : 3' ,^d . . :•d 't ~ rf,c pro:n ss~ry ro~~~ s.-,:ured her~by, mortga~or covenants
~ . . ~ , . ~ . _ . . . . ' i~~ ~no•n;,ge_ to be eti,.al to i !2 of the an: ual cost of the ioliow-
$ ~s , ~ 3 . , _
~ ~'-r,'! ,:.~p-,.ry f~.._> ~..~.r. a~ i•StiY.::i ;ji~~5: i~'E upOt_•']_. rc.. est::te-
~3~ ~r . :~n :rt• _ . _ i < _:~i ~ r:ci tc r.. ~ 1 tn, ir;•prov~me~ts s~tvate on the above d~scrlbcd premises.
~ _ Pn . _ ~ . , , _ : , ~ ~ ~ . ~ ~ -s ; . , _ . . ~ . _ deem f~t to ca~ry on ine toan secured hereb~.
~ L•,cr•~;:;•~n . . . . . n„• . _ rt:• n r.nJ . a•,~ ,,ayable herzundrr an~ s~ch svrn sh::'i tncreupon be due and
' ,.~n rh, c••. ..t , c.:c~; w;:~~s~'~.~~ '-v-.sh,t=:,~e~ft~r ur.tii mcrtgagee shall notlfy mortg;gor of a change in wch
~ 5~..~ s~r s__~.._ i ~ c.. .~.ar~~~ent o.< reel ~rc„e.~; tax~~s, insura~ce prem.~ms, d•~~ mortgage guaranty inwrante
..,s.
I'v `.'vITC:ESS .:N~:R_C~. s~.'3 .'1~.~:T .-...~k nas •~_.~~~-':to se• nis ha:~d ar.d s~-ai rhe day and year first aforesaid.
~ 5gned, Sea~ed a:~d dellver J i. ne pr__~nt_ o~: ~ ~
3 ~ - - - - - - E~ED 1~1~t^':£C04t0E ~-~rs-}- C,~
~ S1.t1iClE ~4~M~ fU. SCST5IZ~QI~K- (Sea1)
~ R~6'-F '~1TRA5 , tSeal)
~ ~ - - - - - - \ RR L'. •'LUit C01~R7 L ~y.~,~,~c.v.~ a'}-cc.~~.
~ RfCORf= v~r•~F~f[~ arion ien cseaq
y - - - - (Seaq
~ ~ 4z aH ~
~ ' ~ OF FLORIDA
„~a. ~ . . ~ • , ttii~7fii.
ti 7'I
~ Y OF - - - _ _ _ - -
" St . Luc i e j ~ ~~7r1?niila~~ ':7 ~1} ~ ~,l~~~i
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Before me persona::y apce3red - . - ---$t8i11~/ Ol@il _ - t J~ and
; _'darion O_ien - - - - - - h~: wire,'to rte wgti krld o _,tll/l~oi~+~~j~9~e ro be
d vid~a~s desc .c~_d in a•~~i v:i,o cxea;•ed th-• forego~rtg ~nstrument, and acknowledged before me that thay a~eut~~~~ ja_n'~e~og iAe~prposes
• ~ exrrrssed. Ard the s~:d _._~•larion ~l@il _ N U!- ~
i e
~r ,r,e ~.,~d Stanley._Oien ~ . ' ~
~L~r~ ~s~p ~ d ~'d Private
~ ,r,:~n b~ ~:e t»~~:n sep_r,re a.d a~, t f,._:~, h_r ~.,-d hustend, acwnoaledged ~o and before me that she exee(r3e~~s`aj~l instrumenr~r~}~nd volun- '
, : ? .
: a~,d r!:~~! a~y co~ ~.,>;on co s!~~ t, -~r:-~hens.ui, o* fcar uf cr from her said heaband. !
.
~ ~'r T:~~5 ,•~y nan-~ 3 d off:, a s~•aI },s Strl _ day *ta rch • 1 D. 19 75 -
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`%>~~I~e:iN~ .
= i
otary Publit in and for t e e Florida et Large
Iny Commission expires:
'~ri ~c?tutn i~7:
~ . 5t F_:~~fd: J_.. ;5 Fa ~~:J~n %.iSC~",
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s~ rO.f C~- F' 1. . , , ; ' . . ' _ . :
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This Instrumert Prepared By • Hal Poberts, Jr.
F~rst Federal Savings 8~ Loan Association
} o~ Fort Pierce , Floric~a 33450
~ _ ~ ; s~~ ~ 4~3
~~:,~cked BY
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