HomeMy WebLinkAbout0410 3. To ~!3:@ Ls::l ::n`:.^...~vs!y ~°°p ^n tl,e b,•;'t~,•'.gs ~,nw nr hNrraiter ~it:,a!e cn seid Idnd and on alI rqui„n:~~N d~u~ personally cove~cd by this mortg.
e:~e, w~ih a:! premi~mS thrreon ~:a~d in f~ll, firo ins~ra.~:r .n ine us.:el :ta::d~+~J ~;c'icy fwm, in a s.~~n eppro.<d by the MUR~G:.Ii[E, end wuiJstonn
~~s:.ra~ce in tha usuel srond~rd pot;cy torm, ~n a z.,m eppraved i:y the 6~JRiG=.vEE, in such company o~ can~ran~es as the fl.ORiGAGEE may
d•:au; and aU firo and ~~nJitorm in~~ranca pot~urs on any of s~~d tw~ J~cgs. ar;y interr~t thcrc~n or part rh~~revf, in ~he nggre~ate s~m ato~esaid o~ f~
n excesa thcreof, s'tall :ontain ~he usual s~,~d~~d mort~:~gne uause or wch o~4~cr r.a:,se as ~he hlortgayec may ~eyu:re, mak~ng the :o» u~~Jrr sy~d pol'r
: e3 each and cvery, pay.,~'r to seid l.\ORIGAGEE ss ~Ta ~nrc~.st ~~,ay a~;pear, „•~d • ~_h ..~~d every s~:ch E,;, .c; it~~;t br N~o•~~~~~~y ass ynrd a~ d de.i~crrd ~o ~ I
.:,y held by sa~d I.10RTGAGEE as iunher secu~~Ty to s.~id n,ori~,ge dcbt, ard, nof I,.is than ten (10) da~s in ~o:a~~ce oi thr exF;iration of each pot~tY. to de~
.er ro said AIORTGAGfF ~ rene~oi t4~ereaf, togerher with a rec_•~pt fo~ ihe p~r^u~~n• 01 svch rrneo:ai; and tir~e sha~l be no f~re c~ w~~~ds+o~m inw~ence
pi~crd on any of sa~d b~ild:ngs. any interest thr~e~n or part iha~rof, un'rss. in ii,~ ~o~v~ a~~d n~~h the icss payai,:e as aEoresaid; ~r.d In ti~e event any s~m
o! n,oney becon,es payable ~nder s~ch poiicy o~ po:~c~rs sa~d MUkTGAGEE shail ha~e tha opt~un ~o rece~ve anJ apply the aame o~ acco~nt of the indebted- ~ 3
"~~'i'cij ~ ..:.1 Li Tr ~llOv "sY 3~ .f Il......1{ fl./ G:~l.~ ~S:~S. ~`i~tf~. UT (~1 • ~ .J: J\..~~. ~.I i 1l
~ 7 vT :a. lQ : ~ ~ .nr~.' s .ss i~ ~I .;.~v r a,u J • . 1 t1~J •
~r~ e~3y c-c~~:ty, 'lien or r~ght under o~ by vinue of th~s'~nc: ryaye; and in the evac~ sa d MORTGAGORS sha!t !or ~any reason fail ro kaep the sa~d p~ernises so ~
•~s~~red, or fail to d~I~ver promptly any of :a~d po~!ues of insuiance to sa:d rACF~~i.GEE, or io~i promp?ty to ~ ay fu'ly Jny p'emwrn thcrefor or ~n any
s, cu faii to pertorm, d~;cha~9e, execu~a, e~tect, ca,~p:ete, ce~r,piy vv~~h and ab~de br th~s ccve~a:~t, or any p.~rt hargof, sa~d MCi2TGAGEE ~nay piace a~~d
,.(o~ wch insurance or eny parl tt~ereof witho~~t waiv~ng or affe:ling any oF.~~on, lisn, equ:ty, or righr w:der or by virtue of this +.~ertg,ge, and Ihe
! amovnt of each and e.e+y ~uch paymrnt sh,Il bc ~~r~:~ed~~tci f dvr and {uyah~e .~~,d eh~~I ue~~ i„teres~ Srom the date thercof uni~l p~~d at the rate ot y~
.
~~er centum ~e' an~iu;n a~~d tc,.~rU',~•r •eilh s_~:h ;r~t._r~~sr .F.,i! S~-c..re~ h~ the I.rn uf this mortga3e. .
4. ~o permit, commit or sufier no wastr, impairr,:ent or dcter:orot~un Of a.~~d j,:uE:e~ty Or any part therecf.
S. To pay all and singu4ar the costs, char3ef and r.censrs, 6ici~d~ng a reaso~~aele attorney's (c^ and costs of abstracts of title, inwned or paid at
~;~~c:e oy s~~d h',GR1GAv:E, 6ecause or ;n :he evcn! of the (a:i~rc on ti,r 4%aer ~f rha ;.,:ci MORTGAGOR to du~y, p~o:r.ptiy and fu~~y pe~form, d~scharge.
:~~ta, eltect, comp:ete, canpty w~rh a~d ab:de bv e:~ch and every thr stip~la!.o~s, agr~crnents, condlt~ons, and cove~~anrs of a~~d promissory note and th~s
,•!yage any or e~~her. a~•d :a d cosn, chargat ~nd axprnses, each end eve~y, sna i i.•a ~~~,.nru~~tety d~e a~d payat:e; whether or r.at the:e. be notice d>
;i, atte~npt to to~~ect or svn pend~ng; ,rd the f~il amo~nt of cach and e~ery s~ch paymant shali bcar mtcrrst from the date thereot uNil paid at the
_~}~ne pe~ c~nt~-i~ ~.a- u:•r a~id at~ ;,:~~i ecs;s. ~1,ar3_s a~d s'.~w~red ar ~,~d, toyatiirr w~th such interest, shall be setured by the lien of tho
_ -!q age.
6. TF.at (a) in tnr ev;nt of any Lre.ech of th~s !.1o~rgage or d~fau!t on tFs ~+art cf Ihe MORTGAGOR, or ;h) e~ 1he event any of sa[d sums of money
! rre~n refenad to be nof promptly a~.d tu:~y pd~d w~tine th~.ty (30i tl.a,~s nex! a~t_•r ii~e s~me severa'ly bec~ne due and payable, wiliwut d?mand or norce,
c? in rhr even~ each and e~~•~y the snpu:at~cns, a<peements ccnd~tio~~s and co+enants of sa d prom~ssory note apd ~h:a mo~tgage any a e~ther a•e not
cromptly and iu~lY F>e'for~r..rd, d scr:.~•g• d erec,•.,d. .~+fec•~d. co:n~:ie.ed, cc ...,;ed ,,vi~h and aF: J~~U Sy. then in e:tner er any auch event the sa~d ag.
;~'e wm ment~oned ~n sn~d pro~~~ssery ncre th~~n re:::a~n~:~g ~~npa~d, v:ith ~r!~r~•,r ac.r„ed, and a~i moneys secured hereby, shall betome due and pay
_ ir,rshwith, or ti~ereaiter, at ehe c~~'~i:~ cf s+~d A+O~ivAVEE, ns !u:ty a xl cc•np:rt.•iy ~u ii all ef sa~d sums of money were w~ginai!y s~~puiated
pa.d cn such d~y: anytF:~r.q :n se.ci prc-n~ssory ncte cr i~~ this hlortgaa•• !v coi~i'ary notr.~thsta~~d~.ig; and thereupon or thereafler at the ophon of
•:'ORTGAGEE, w~rhovt rorce o~ de~n3•~d, s,.~n at t~w or in e.;urty, rne~e'.~re o~ N.~ r, aiTer begcn, may be prosecuted as if a!1 moneys se[ured hereby
• . :,~~red pr~or to ~~s insLt~tlon.
7. That ~n ti~e event tF,at ar ri~e beg r:n ~~g ::f o~ ai am~ t:r e pc~:d ^y s~y au t u;:oo ;1,:s Mort_~age, or to (orcclose +1, or to reform it, or to enforce
_~~t of any c a.-~-s hc!eurdc•r, s.,iu '.1'vR?C,r.v_: s1~a.~ ; ~'p ro tna Coun ha:.,~q , sc+.ct~on tfierrol ior the appo~ntment of a Receiver, suth Court shail
...:n ap.. u~:~t e r•.e~.er of s,:.d ~..c-!u~•~-d F.~,,, •t; ~,;d s~~.~~~~'a•, i~ ~~+y d s~nyu'~ar tF~e incon,e, prolds, issues ar.d revenues from whatever
~+tn:ed. d e.ery of wk~::F•. ~ t,<-~:,~ y,, ~d~rr,_c r. ~rd as if spe.,f;ca!~y tet fonh and described in the granting and
..:lurn c.a~.ses i .r~~, ant! svch R~ce~.rr sL~-. h: the br.ad ~-.I e~`-__ __.•:s rr.d pov.ers en anyw~se entcusted by a Court to a Rec~iver, and
~rporn•n~e ~r sF::i~ be ~r.ade c,i s~ch Cavr~ as a~~~.~!'_d eq.:sy nrd a~ a't~~r ~i ~`•.z~w~e r:yfit to said AIJRTGAGEf, and withcut re(erenee to the
i,..~~ or n,adeyuac, of ;he vawe of Ihe F:r_c,rr~y n,orTg~•jrd tc ti,i• su.e .c: _ -...~-~cy oi sa:d t.'•ORiGAGOR or the def2ndants, and +hat sueh
r~of.:s, inccr~,e, +swes and rever.ues si~ai! c,e a~::~ied ~y s~ih Rc:_•~ver ,y t:, ti.e lien .ir eq~ity of so:d MORiGAGEE and :he practiG¢ of SuGh
9. To v. F-~r*,;;r~r and fuliy pec`or~+,, ~.s:>:a~qa, :,~cc~~te, effe:t, comN~ete, ~ rI j with and a!:.~de by each and every the st;pulations, agreements,
_„s anJ c~~.: ~,a:~ +a::.~ p:o,zelssc:y r.e•e .,.:d rt:. s m,r;n7e srr to•th.
9. Tbat t~.e ~t ~hc ev.~e~sh;p ef the ~r~•tgage~ R,re~ ;ses, or any parr tiicreof, becomes vested in a person other than the MORTGAGOR, the
--.4GFc, i•s s~:c_-_-:~ -..1 as~:;ns. ~':,y, w. i~c,:: no'.cr eo ~'~e .ti',JR:G:.JR, dcat v:~th such sutcessor o. Successor in interest wi!h reference !O thia
_.~e a~d . .::r -_~,_~d 'en t%e sa^•.e n~• as x'h ,...~!y:go~ w~th~~t i•~ any way vit~atiny or distl:arging the /Jlottgagers' lidbility her~
er ~,o~ d:i.r c,,;r`.;:`,.. : f ;:c, s, : o; •~.e :,e,r.~s•~s hc«~br •co~!g~y~•d ard n. fe~tearance on ihe part ei the ?AORTGAGEE or its wccessors
ns a.•d ^n~en;:~~ +n~ . ,::.y,,~:~t c,} ti~e ~+.~bt h~~ee,y secured g~Jen hy Ihe IhORTGAGEE or its s~ccessors or ass~gns, a~.ad operate
'se. dsci:~~~~-. +rodliy ch~,ry~ ~,•ect tr~e c~..;,n„~ !;~~.~,r~ o~ si,~ A",UFTGAGOR here;n, either in whole or in part.
iQ. It i; sp•_t 4~c:,,~; ar.:ru t,~ne is oE th~ .•ssc~ cc~ of t! 1s ca.trac? and that ro waiver of any ob:[gatton hereunder or of the obligation se-
- ~ d F~:_reb~r SF.~:~ a! a~.y t~~:e +'r~e~,a'•er hc:d +c b~- a w„lver cf 16e 'erms ~~er_~of or of the instrument secu:ed herby.
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i ? 1 i~ ici r , v,~ :o-c,;c ~ . i c..~~. . :~~s et ~ . ~r::i . . _ req~.; Gv ~he {,rom s>:;ry nore scwred herebr, mortgagor eovenaMz
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; ;-_es ~o ;,ay i:, ,:<c : ,~.c_ c, • a.,, -:..~~s F,; mor~g ~gee to be e,~3~ to t 12 of the ann~al cosr of tne foibw-
i A-A~i rra! ~,r~~c~...., :ss=c.~;.i ~-s' a!o.e d:,•r:=.~vl .~=ei c•s~a~_~-
~ :1 t _ . s r, . J ciz•. s.r ' _ , . ; r c~ .-:..j r~ n~ . c - in~~ ' •ooem~-~ts sf~uare on the atx+ve desvilr_~d premises.
P. r s o.~ +u h c., tg ,ge gu~ ics~ - _ es n o-~c;acc~ s•~a~' 'ro r~ r,~ to s'vre d~em tit to carry on the loan secured h_reby.
~ !~'~~t~;3.•e s•~_ r. ~ >-.e ~~c•', c-•;_g~• n w~:-,-.g c~ the o.: ~t ~~r .;~,J p.~~ab~e hereund: r and such sum shalf the:e~pon be due and
. . ; •
, un ti~a d;.- or,t.: :~_r.r ,r..' _•,r .~~:,i e..:.~ ~.,~essi.~ . c. -h r' ~•reaf~ ~r ucti~ mc.tg~gee sF~!I notrfy mortgagor of a change in such
~ Such ;:r~~s sha.` F;_ a~., ,_J .g tc:..~~d r.~ ~;a,:~~err. ~f rc31 c~cceriy tax;s, insuran:e pre;n.u:ns, ~nd murtgage guaranty insurance
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~ Iti ;.'ITti~~S ::H~k=GF. s,~:d N•Oki~A:.,G: ~as h,~re.; :!o se` i~;s F:a~.d a^d s••ti !he day and year first aforesaid.
~ $ign d, Sealed ar,d de'~vered in the presente of: '
~ ~ -
(Seal?
~ ~ ~ Y~n ~ . ~ J H 1'1 " (Seal)
~ - -~!G.e~3ef.r~/ (5eaq
~ ~ ~ a Ym
- tSeaQ
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'=Y - = OF FLORtDA
1
~ •,TY OF St•_L.11C1@ ~ -
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° Before me pe~sona':y apperred _ _ _ TSd1IIU@L Hyman a„d
___~d_~1~II_ _ his wife, to me well known and known to me to be
z`•
di~~duaiz dexnbed in and v.ho eAr_.:reJ the foregoing instrument, and acknowiedged before me that they exe^.uted the same for the purposes
~j ~ expressed. A~;d the sa~d.____-_ IdFi Hvman _
~ Samuel H an
_ of the said m upon a separate artd private
~ • nat[on by me t,.;_n sep.rat^ ar.d ap»rt from t:er sa:d husband, atkno~ledged to and before me that she executed said instr~ment freeiy and vo~um
i and w+ho~t any co^•;:u:s~on, co~~st:aln;, a, prehens/.o,~ ~or fear of or from her said husbard.
"n; VlITNE55 my har•d aed off~c:a~ sea~ th:s -~.C^' d3y cf------ ~YCh A. D. 19 75
f~s t=~`^" " ~
Notary Pubiic in and ior t tate of Florida at large ,
My Commission expires: ~ t • 3 p-~ G
r;,; Retum To: '
;;x r;rst Federai Sa+ir.3s 3 Lo~n Assc.~.t:or.
pi Furt G.,-~,,. nt0 ``~,`1~11t1tllat~
~ +
_ Fo~f v;.,.~~. F,•~d3 f~0 ~ L~~~~ f1.~•
sT' ~~~,-,~F P9~~?3 ~ .3'~ v1
~ CLE~~ Cwll ~ . ~ „ ;
t,i~fD • "''1 i% -
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= This Inssrument ?repared By _jnhn W. Collinsa~c ~~'S ' ' ^;1~ • t = ~
~ . .
' First Federal Savings 8~ Loan Assor_ia~ion ~ ~3 - ; - . .
~ e, i J ~ r~
' of Fort Pierce ~ Florida 33450
i Checked BY ~ ~ -
0 R
800I a~ I~;f
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Arr: ~ d z
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