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HomeMy WebLinkAbout0566 3. To p:ace and conTinuuusiy keep on the L~~~:dn~s norv or her,~a!rer iir~ate on s.,~d ~and and on aii cq~ipment and personally covered by this morlg- e~e, w~th all prem~vms :he~eon pad in full, iuc ins.~rancc ~n tha usu~l star~clard Hu~Ky form, in a s~m aFpro~ed b~ Ihe MOR~GAGEE, and w~ndatGrm ns,.rance in ~he us~al s~andard pol:cy to~~n, in e~um a~pru.ed by ihr MiJRiCiAGEE, ir~ such twnpany o~ com,;an~es as the MORTGAGEE m~y d,rett; and all (i~e and wmdswrei inswante po :cies on any oi s,~d buiid~ngs, any interrnt thercin or pert thrreot, in the aygregate sum aforoseid or tn e,ccesa ~hrreof, sRali :on~nin the usu.~ ste~:Jard mortg.~9ee cause o~ such ofher a.+use as ihe Mortgnyee may requ~ra, meking the io» under ~a~d poli- ~ c es, each and rvery, pa, »!e ~o sa~d ~\1JkIvAGEE as •~s ~nter~•s~ ~nay appear, ,~nd ea_h and every euch ~~~ry ahall be ~rompfly ass y~:rd a~~d del~~cred ~o any held by said h!ORivAGtE as furth,.•r srcu~~!y to sa~d nwrt3age dcot, ar.d, not lese fhan ler~ (101 da~s i:~ ad+ance oi ~he expuahon of each pol~ty, to de- !~:er to said AIORfGAGEE a re~tievval thereoi, ~ogether w~th a rece pt foi the pr<<n;um u( wch ~enewai; and Ihere shall be no f~re or winds~orm insuranc~ p!aced on any of said build~~gs, any interest thrrein o~ part ~hercof, un'e~s in ~he rorm a~~d with the ~oss payabte as aicresaid; a~~d i~~ ~he event any wm oi mon~y becomes payal~~r vnder uch pe".#cy or polkies sa~J MORTGAGEE shull h.aoe ~he cpt~o~ to receive and apply the sa~ne on a:co~nt of tAe indebted- ' nrss secur2d her~by or Io ~ en•iil Sa:d MORi:iAvOR$ to ftCriva and ~~e it or any a't ihe+eof for c:n:~r E:u~+~oscs, v.~thc.ut th u/ war.~~~~ unpair ~ ~ any equrty, lirn o~ n9he undar or by virwe of ~his mcrgagc; and in the e~e~~ sa d M~RTGAGORS shall for any reason fail fo kcep the sa~d p~em~s_s so ~~e.,red, or fail ro dc~~.~cr pro~nptly any of said poi~ties of ir.a~:ar,~e to sa~d MORTGAG~E, or fai! µ:omptP~ to {,ay fu~ly any p:e~nium Iherefor or in any ~c+~ _ct iail to perform, d:sc:~~rge, execure, e~lect, co~T~plete, co:nply wiih and ab~de by th~s covanant, o~ any part hr~eo(, sa~d MOR~GAGiE may piace a~~d _ ior s..ch ins~rance or any part thercof w:rhovt waivi~~y or offec!ing any opnon, tien, equ~ty, or r~~hf unde~ w 6y virtue o( this Alortgage, and ~he _ a~nount ot rach and e.e~~ wch poynunt si~~ll bc in~mediately dua ard payab!c a~~d shall bear interest iiom th~ date tFxreoF uNil p~id at the rate o1 : per :ent„m i.er ~~r~,.n. d'ul t.~~ctt?r n~`.h su:n int~'r,-st si~.,.: v•i:r d i>} the ::en af thia moctgage. . 4. To pe~n~it, co~nrn~t or wffer no.wastr, in:pair~~~~~nt or d~~~•;:ora!~o~~ of sa~d Froperty w any part thareoi. . 5. To pay all a~~d singular ihe tosts, charges an~ ex}~enses, in.iud~ng a~e.:sonable attomey's fce a~ costs of abstratTS o( title, incuned or pa~d at , ti•r.e by s~~d AtiGktvAvEE, betause cr in thc event of tt,•~ fa.iure on ti~e part of ti.r said MORTGAGOR to duly, prompNy and fuHy perforin, d~scharge. cute, effeu, ce,n~,iete. :o ~~{~ly wdh and ab.dr by each a~+d evcry rhe slipu:o?•ons, eyrerr.ients, cond~t~ons, and covenants of sa~d pro~n:ssory note and this •~gagr any or C~IhCr, a~~.d sa.d costs, charges a~~d e.penses, each and every, ehml be immrd~jte~y due and payable; whether or not there be no~ice d~ ,.d, atte~npt ro col~ect or suit pen:~~ng; and ri~e full an,ount of each and e<'ery svch payn,ero shall bea• interest from the date thereof untii paid at the n:ne µer cent,,.n r•, .~,,:n; .:n;: a~: so.d cosn, :„~r~cs ar,;i ~a.-ar ,~s r.cv:rrd cr paid, tog::ther wdh such utteresr, sAall be secured by the Gen of this • ortgage. • i 6. Thal (a) ~n t!~r event of any t.~each of thi; '.1c:•yage or defa~:t on the part of the N.OR?GAGOR, o~ (b) i~ the event any of sa~d svms of money j F.:~rein refe~red to be nol pr,n,ptly and lu~iy paid "iTh~n 1h:rty (3J? dars neat ai!er tr.e same severa!ty beccme due and payable, without demand or notite, ci in thr even~ eacn a~d every ~h? stipu ations, ag~eemeMi, tor.d •~o~~s a~d covenants ot sa d prornissory note and th~s mortgage any or either art not ptGmF~liy a=~d tV1:yr j~Ct(O:"~CtI, U 5:~'~.313•::~. C e:~r~_d. r{fect~d. ca~^E::c.n:d; ce:-~r:.r! ~.~th and ab:d-rd 5v. then in eithar or any suth evenl Ihe sa~d ag- i~ ; sum mennoned in sa~d p:on~sso+~ nc!e tii~~n re^~a:n;:~g ~~nr~~d w~th in+ere,r acc~u:d, aad all moneys secured hereby, ihall betome due and pay- _~c~th•.v~th, or the:ed'.t~•r. eT ihe opr~~o ef s.,:d !.'U2iGAv~E, as tv!:y a•.d co~.~N:~~e y.3s ii ail of the s~~d sums of money were onginally sl~pulated c..~.d on svch d:.~, enyih:ng :n sa.u rro~-~ sso~y i~:,tr er ire th~s Rt~rt~~y~~ to th- cavrary nor,v~thstand~ny; a:id thc~cupon or thereafter af the option o~ ':.ORTGAGEE, w~th.~ut r.ohce cr de~r:~~•d. s~~t at icx ur in equ~!y, •he~c~ore or tt~rn-after beyun, may be prosFCUted aa if all moneys secured hereby •:•a~~~ed pnor ro ~ts ~nstitut;on. 7. That in the event ihar at the bryinn ~:g vf ur at a~;y t~~r.e i.e:~d~..a anr su t fhis Mortqage, o~ to (oreclose it, or to retorm it, or to e~force :~t of any ci,~,~:s he~eu: car, s~id :!.iRTJ1~JC[ S~d~~ _~+Y•'j •i. ~~_C•I't ,:S.cs:on tnr.ecf fer the aaYwmtmero of a Receiver, such Ceurt sha!I ..,~rh a;.pul~it a r~cc~.er of s:~d n,~~tyaJ~~d 4,r~.~r~•t~ ~~I ,~..d s:,:~,.'a :,,i ~ .i s»u:ar e ir.come, profds. iiwrS and revenues trom wharever d~~nvi•~, e~:h an.l e:ery e4 •,.h.rh. ~r ~.-~,y ..;,-~ss~y s~~ci. e~_:~, m: ;~,y.~d as if s~eo(ical{y set forth and destribed in the granting and - ::ium c auses hrroof, and sv;h Rrc,•i;r sh.~ ~ I~a.e ai! the Lc:ed ar,d „i<<_•.~e f; cns and povrers in anyw~se emrusted by s Court to a Receiver, ar.d ,;:po~nr.:~e~~t :h,:t i~~~ ~r,ade by si~c!+ ~o~~r as ,r dd.,:~r~ad eq~ :y N:~d a~• r~~er o; :;~so~ure right to said MORTGAGEE, and without reference to the or i~:ad.~qua:~ ot f~:e v3ur o4 ~he l.•c,.~rrr mar~~gfd or Io the so.._ .y c~ .nsoivency ot said MORiGAGOR or the defendants, and that such ~ proi:ts. incw:~c, issoes anci :e~zr.~es Sna~E be ap,,:~ed hy s~•ch Rcce~ver ac,o:d~ io the lien or equity oi sa~d MORTGAGEE and the pract~ce of such : t. 3. Te ~:~!v. t!y and f~Uy ~ ar'.c•m, d~s;harg_, execufe, eftect, comp!ete, co , f,;~ w{fh and abide by each and eve?y the stipufations, agreemems, . _ ;~nS anO wve~n~n!; ,n ~e~ci a:o~r.iisor~ note o,~~~ :r.~s :^::rty^acje set forih. . 9. or ~hF e. ~~f r~~e o•,. ~<~.h,;, of fi•..: r,o•r;;,,g,:d pre:, ~ses, or a~iy part *herecf, crcomes veste3 in a person othe~ than the MORTGAGOR, the ; . . L-Ec, ~•s ,,....~.•s c: ~ v::~.._.. .ct::r to the ;.'.CRTG:~_~~, d~~~ ..:th ~u:h suuessor or successor in interest vr~th referer.ce to this .~e a:: ...~t !~ret;, u~ r..~ _.._.~:e: as v:;th L, r!3ago~ w,tt,_•.vr u~ any way vit:ating or d~scharging the ~1lortgagori liabitity here- or vF.~n ;r. o ! h •,.i s~~ , c•~ • s s F~. cu, ~:~~~1a,ed er•d r:e forbeara~ce on tfie part of the rJ10RiGAGEE or its~sutcessors 7:~s s~ d r.. u s._. ct _ y.•!. t t! d-6~ F r;,y s= cur~~d y:vcn by ~he 1'dORTGAGEE or its successors or ass~gns, ai~all operate d.sc ~~~ye, n+:.c:i~ : a~•y_~ cr c~ec~ t•.e c.•:_:~.,• ;.:~,..r, ~t t~~ lfURiGAGOR i~erein, either in whole or in part. 10. It ~s spcc f~c +!y _ e•~d •i a! t: na ~s cf *he ;sse• ;e of th;s cca:rsd an;i tnat no waiver of any obtigahon hereunder or of the abtegafion se- •.d harebr s!:a.~ at e+ncri~a~tar : ~ , to 3 w~~.er of t._ 'enr~s herc:.1 or of the instrumeM secvred herby. ~ i i . _ , , . fc•..,;_ ..s c~ . c _~:d . ~ req,: b~ th~ prem;sscry noie secured hereby, mortgagor -eovenants i ~ . .cn . ~ . ~ r. i c_. . r ~ ..u u yo..~ 'r> ..,.e C~: U/ ~.wriyeyrr iu ur ryvai iu ~ ~t vi inC onc~va~ CNai Vi ~ne iv~~Vw- P ~ ~ A A., r-_e c, ta.. s' or ; s .~3 s• r j- s~.s..~ ,~d r_r.1 ea~ ~tc ~ B P>> s . :,re a~,d v:: z . . : s . . . r~d :o i,e ca~rn -f en ~h•_ :~r;.rovemeots s~tuate on !hc above described premises. ~ ~ , ~ ~ C P~ _ ~ . ~.s : , _~c'~ . _ ,-a.,~,~..:.-: ~ •.s n - r:.+.~ _ . e,: tr, , r r-,c . ^e deem fit to carry on t6e loan secured hereby. M.ortg,~ee sho ~ tro~n n ~r ~o n~~c ~~,~:~y e-r, _,r ,n ~rir.ng of the a-: o,•~! d.;_ and p~yab~e hereund~r and such aum shall thereupon be due and ' ~.n, . ci.•.. of -:.o ~ a d~:cti, s ccessi.e ,o.~n tiirr•~art;:r ui:rii mert433ee shalf notify mortgaqor of a change in such ~ .~c~ s. j.i :,e sN;~l~ed b~ n~ y,j to..a•d ~ e par«~ent of rc prcpersy taces, insurance prem~ums, and mortgage guarenly inwrance ~ , ,:s. f• ; i'v ~1fTr~ESS .:11EREOE, ti,e sa[d M.ORiGAGGk ~eas h~•re:;~to set h~s h3~:d ar.d scel the day and year firat aforesaid g Signed, Sea d and ' ered ' t e of: ~ / ' witness: as to Oscar L. Shewm ~ Oscar L. S ewmake ~ wi tness • _ ) _ ~a~~ j _ _ _ i tness : ~ ? ju~a•~ ) Shewaa;~E~=~r~.C ~ . ~ - . ~ ~ / as to Sandra W. ~,ndra W. Shewmake x w i t n e S 5~- 1=-L t`- - }li~~~ t~ (Seaq ~ ' = OF fLORIDA - . . . , .TY OF SL Li~Cl@ ; SS. - . ~ - ~<<yiv~~i ~ ~ Before me personal~y epp~ared ~SCdr_l+. Shew~nake - . . ~ - - fUSe~Mc, to me well known~~nd krwwn to rpe ta~~ • ~ d~v~dua~ deu~~ted in and who ~xecc,ted the forego~ng 4nstr~rr.ent, and acknowtedged before me ihat he execute¢ the~s~me~ fo? the ~vrp~s bi _ , ' . _ n eapressed. l1n~rF.!sek!- - - = .'d - - - 1 , ` ef~ li~e eewi~- - • !!1~ ` ~II~ fi wrr~itrr~?~~~~~.sw~aP~?r~tornd.ary~rb~arril~k~a~•1w~I7~w~.~CiwMw~tr-ew~lreio~e~n~e~ti?Mtihe~cet~ted~al~ btw~enl~~y?~ e~r ~s ~....-a~d w:~t~sw~awy. wR~.utswow,-c~-aaw~ .c~~~hsr»:~n~. ~r feer-aF or~ 6rowrY~er•aaidi»~bsnd. ~i, t,' . - , ~ l March ' 75 ti~ :~ITti:=S my t~ar.d and offc:at seal thls --~--/~!t~--- - da of ~~~~~~i_. `t _ v ,,:~~~i:~,ti9 ---~"M-~ ~ Gr~c A.rkansas ~ Notary P~blic in and for State of Florida st large ~ My Comm~ssion expires: ~O - 3 p - 7 6 Pulaski - 's :•.tY oF ? Be4ore mo Parsore:l/ apre.>•rd - --.~n~_Wi .S~le1Nml~Ce bfl~ r:.: -i~is~.~+fq to me wetl knovvn a~d known to me to be o~ ~dual desc~ic•_d in and w~o e.ew~ed forego-:~~g instr~ment, and acknowledged before me thatS he executed the same for the purposes ~ ,:n expressed. flwci~li~s ~id- - , ' T,Y Thr TdRI .tiPo^-e'aePce"r_d_e~'"~'w.d,.~.~'rivat~ ` ~.:•3 -•+.~nMtiew~}~~al~iwaw~s~yN.iw[L.aprrLjterz~~ssai[L~NM~lC*e1ORR~ld~M~w~bCfO~~•tI~M4I~0~9KKUlYd.iiid~itfi.~lY~~~sv~~~7~YO~Y[tr. , ^r~-and~Ml~oe~-a~Twa.~wrowr~wawa.rw,~Pr~wna~n.~~.tear~nEoc.Lec~k~eesaid~usbar~ . ' _ ~ - ' 'NITN.SS my har,d ar.d ofFc~a! seal th~s____~~ day or__-__ ~rch (~'.~y'r2~ • ~ ~ ~ f ihis Instrument prepared by William J. Forbes y s •y ~ ' ~ ~/v f%ln/'L~l-~ ~ ~ ' ~ rirst Federal Savin s& Loan Association - • g Notar ~blic in and (or the State of ~ ~~f Fort Pierce Flcr ida 33450 FIIEU AND EG N ED Y . , r~ . _x f ~T. ~V~i~~ t1~ ~Y ~~A.M C mission exp~tes: 11 _ 1 _ ~ ~ • ~ r. u - ~ kervrn ~o: ROGER i0 TRAf ~-s- ~ t. ' ; rst Fede•ai Sa.+ngs 6 Lo~n Asso:~~t:on C`~~K ~~~CU11 C'0t1~ ' ; ~~..f v.«.. V[A~f1EA T ~~•.~~s~ ~ REC4aD / ~ . .9 fort G:erce. Fi.~rida ~ ~'~/VV 1, M~ ; _ ~ ft 53~K~~~ ~ ~ , _ ~