HomeMy WebLinkAbout0748 3. To place and cominuously keep on the b.~!d+ngs ncw pr herrai~er aiw~:e on :a+J ~and and on alt cqoipment ~nd personaily covered by ~h~~ mwtg~
ege, wi?h all prrmwn~s therron pa~d m fuil, t~re inswence ~n the ~s~at sianderd ~~o'~iy form, ~n a s~~n aparo+ed 5y the MOR+u:.vEE, o~~d w~nJstorm .
:nsurance in tha usual a~a~~ard pul,cy fam, in a s~rn e~,~,ioved 6y the MORiGAGEE, in such co~upany or can, aniea as thn h~OR~GAGEE may
d recr, •nd all fire and w~nd~torm msu~a~ce poi~u~•s on any af aa~d buiid,ngs, any ~ntere~t thrrein ur part thrreof, in the aggregate sum aforeseid or '
~n ezcesa thrreof, shall contain tt~e usual s~a~.dard rt:o~rg,~gee c:~use o~ such ofi,e+ c:auae as the Mortya~ee may reyu~rs, making the lo?f under sa~d poli-
c es, each and every, pa~~n:r ~a sa~d MORiGAGtE as As ~nicr~st nesy appa:ar, a~d eocn and e~ary such po!:cy shall ~e promptiy asigned and del~~e~ed ~o 1
e~:y held by sa~d h10RfGAGiE as furthcr s:cutity tu s~;d n,cr~ya3e d~Dr, and, nor lr:s than ten (10) da~s in ad:ance of the expirat~on ot each polity, to dt
i~1er to ~aid 6'IORTGAGEE a renewsi th~reoF, to~e~her wrth a receipt for th~ prr~~~i~m of svch renervai; anJ there shal! be no f~re or windsro~m insurance
plated On any o) sa~d b~]'d~ngs, any inte:eat Ihare~n d par~ theraoi, un!rss in !4~e fwm a~d a~'fi the Iess payab!e os a{c~esaid; and in the e:ent any 3um
of money becomes payabie ~ndrr such policy o~ +~ol~ci.s said MORTGAGEE shad have the ophon ~o receive and app!y ihe same on sccoe,~v of the indebted-
n~•ss sec~ied hereby or to perml~ s3~d 1'.1URIGAGGRS ro reteive and vse it a any ~t,:.:o! in. c:h..r ~uf~ ~srs. .•:;~r•:.~.t ih u; .v~~.~ ~ ~ o~ ~~,~p~~~- -
~nq any equ~ty, Len o~ ~i~ht undar a~ by virtue of ~his mcr'gage; end in tha ev~•n~ sa ~ MO~Ti;AGORS shaU for a~y rcason iail to keep the said Fr,;m~scs so
...d . a-.~~,.-~. , .:a „f a:,;.! Ml~P1t.ARt~ i,vl nromNlv to nav fuilv ar~v•nrrmi:;m thereFo~ Or in dnv ~
~~~s~ed fail fo prrform, d~schorye, a¦ec~te, e}!ect,~co~npierr, c~~~pty wi~h and ab~de 6y th~s covenant, or any part hareoi, sa~d MvRTvAGEE ~:~ay piace a~~d ~ f"
ray for such inwi~~nce cr any part thc•rco4 v~~thout waiving ot offecting any opticn, lien, equ,ty, or r~ght und_r ar by virt~e of th~s Mortgage, and tht
f~'~ a•nount of each and e.ery suth ~:eyn:ent shit! Le ~n~.r,ed~~re'y d:~e .~nd pay~hte a~:d sh~~ bear intcrest from the datr rhereof u~:iil poid at the rate of
_ ~cr o=nw~n per acni~„ ond to~rti;, .~~~h r~~.h in~.,r~s~ ih~:; t~ s~:wr~d hy tne':en of th~s mortgaye.
4. To permit, commit or sufier no waste, impa~rr..er~t ot deterlora!~an Of sa~d prcpe~ty w any part thereof.
5. To pay atl and singutar the costs, charges and e~pe~u~~s, inctud~ng a reasunai,le atromey's fee and cos~s of abstracts of title, incuned o~ paid at
ti~r:e by s~id MOR!GAi,`.F, because cu in ~he eva~~! uf ~he fa:~are on tr.e par~ of ii~e sa6d 1d~RIGAGOR to duiy, pro~T~ptty and f~ily pe~}oz:n, d~scharge.
_...cute, efFett, comp~ele, comply w~fh and ab:de oy each and every rhe stiF~lanoriz, agreen~ents, condi!~ons, and covenants of se~d p~o•nissory no~e ar.d this ~
~~•rgage any or e~!her, a• d sa d custs, chargrs und rxpensrs, rach and every, shall Le ir.~+-ed~ately due_ and payab!e; whether or not there be noGCe da
~.~~.d, artru~pt to collect o~ suh pend:ng; and thr ful: amo~+v of each a~~d e~rry scc~ p'Yment shall bea~ m~eres~ from ~he date thereof until paid at the
et n~~ze aer cc~n;i.~. i..: ~~:~w,,: .,nc a~i s.,~d o.s~s. .~es a~~d ~x~,~•~s~•s ~nc~:red or y;aid, toyetfier .v~th such ~nteresf, shall be sec~red by the lien of th~s
r.o~rgage.
b. That (a! in thr evem of a~ry breach of this !Ac:rgaae or d?~au!e on tl.e part of rhe MORTGAGOR, or ;b) in the eveM any oi sa:d sums of money
!~.rein tefrirad to be not pro~~~pcly and fully pa~d ~v~ri~;~~ th~:ty (30) days ne~t a'tor rt~e same seaeta:ly becpme due and payable, wi~hoW demand Or notiCe,
r.c; in tfie event each and every ~h~ st~pu~af~ons, aoreeme~vs. cor:d~r(ons and covenants of sa.d p~omissory no~e and th~a mortgage any or either are not
promptjy and i~~:y ;~erfe•r,~.,d, d sc~~a~g•:d exec~t_d. ~~iFected co~:~p:eted, co~~~r.:rd r:~~h acd ab~ded 5y, then in e~ther w any such event the sa~d a9-
~a'r sum m~nt~cned ~n Sd~d ~tOrn~550f~ ncce tiee~. re~r:ain~:~g ~n;a:d, wi!h ir.~er~;t acc~u~d. ~nd a~1 r*~n~~s secured hereby, shaN betome due and pay-
~ rorthwith, or N~rrrafter, at the oF.•;o~ oi s,;d ;.S~R'GAG<<. as f~~~ly a~,ci cc:n;,ie~e:y as il ali ef the sa~d sums of money were or,ginaity st~pulated
' pa.d on such dty, an~thin~ ~n s~.d pro~n,ssory ncre or in ~his 1.1o;r~ege to t~> co~~~ra•y nut v~rhsrar.diny; and thereupon or thrreaftrr at the option of
•."•ORTGAGEE, w~!t,o~i non_e o- der~:anci, s::it at ~aw cr ~n e:?~~~y, thcrec~~~e o~ i~~craahr~ begun, n~ay be prosecuted as if all moneys secured hereby
~ d ~~~ar~red pnor to :~s init,tu•~on. -
7. Thar ~n tt.e ever.r !h3t a} th: 6~~ginn~~Sg oi or at any ~~^~e p~ndc~:g any su.t upc~ this Mo~tyage, or to foreclcse it, or ta reform it, or to enforce
..,e~t of ar.y c:.,~ms ~ereurd•~r, se+d ~~'.vRTUHJL= 5'~d~~ app'y to the Co~rt hav~ :,•~.cTio:~ th-~re~! for the appomtment of a Receiver, such Court shaH
"•,~:'n arr.o:nt a re,e~~c~ of sa~d ~ o~fg ~ged pro~:• r:y ~i~ and s~~~~o:ar, ir.c cci ng a„~+ s:ngu:ar the mcome, prof~ts, issues ar.d reven~es irom whatever
_r der+ved. e:;:h a~•.d every of wh th, ~t :e~r.g .,~p•vss ,..nd•_:s~cod, ~s n,o~*g,+~rd as if spet~ficalty sef fortA and deitribed in the granting and
•.dvm c:ause: 6er~•o4, and s~~ch Rece~.ar sh~!: halr a: ti,e b:oad a~,d rifec~.:e i~~c~ :;:+s cnJ pov~ers in anyw~se entrusted by a Court ro a Receive:, a~~d
3ppuintment sh;~: bc ~r~rdr by svch C~•~•± as an ddr:~i~rd equ~rr and a r~a~~~r or ~;w'~?e r~ght ro said hSpRTGAGEE, and wuhcut refererxe to the
, acy or inad~•q~acy of Ih~ vdi:12 oi fhe prcperr; rr.o•ig,ged or re snr su,~e:~:,- o. ::~,e:.cncy of sa~d MORTGAGO? or the defendants, and ihaf wch
s prof:rs, ir,cume, usues ar•d reve^ues sna,i te af.p:ied oy wch Rec~>+.er .;~.o:.:,~~g +o ihe tien or equity of uid MORTGAGEE and tF.e p~actice of such
:rt.
8. Te dv'y, prc^~pt:y and fui~y perfo~!n d~sc~.arge, eaecvte, e•`fe_t, co•nplere, cern;;; f x~ih and ab~de by each and every the stipufations, agreements,
ons and eev~,na;;u „ ci:d n:omisso•~ r,o•e a~;c: !h s,~.:ve~.~3., s~-t 4.;:th.
9. That in the e~e-ii thc c•..r-c-u~;: o{ t!~e ~r.o~r;..g~,d pr_ s_; o~ a~:~ p~r~ ti~er.;of, tecomes vested in a person other than the MORTGAGOR, the
=?G~vE~, >~c:,:s.rs :.~::1 ,~rs. ..c_ .,c~ S: _:.~L;KiJ~`V`, C~C'~ +.:~h wch svccessor or svccessor in imereu w~th reference to th~s
'~.;3y° aco t~.^ c~•.b! r.~'en~ se:~:-?: i^ f=.~ s.,.••e a5 _:t~...~o, v~,..~.ut ir: e~ry way vii:aiireg or u.atiw~yi•~y ii~e itwrfyayors' iieoiiiiy nert
~ or ~~on r~-~ ci.~,+ ~,_~rc•i s~ ~'o s~ ~.r•-: s~~s f._ <•b; ~~~:to~yrd ard no lorbearance on the pa~t oi rhe /hORiCiAGEE or irs successon
zrs a~~d r_ e` r~~~ ri:~• . e.:~ deo• f• e! , sec:.~~ J g~v~n k:~ the MpRTGAGEE or rts succesaors or assigns, ahail operate
- d.sc~arye, ~.~cd.:~ ;..~~•~e or e•ic~~ c~::y.r.~~ ~..,u.,,ty of t~e ~:vFiGNGOR herein, either in whole or in part.
10. It is s: ec •~y _ ~•ed +ha~ t~ n. zs e! +he rsse:~:e o' ~F~:z cc~n-act ond that ~,o waiver of any ob':garon hereunder or of the obligation se-
,_-_d hareby s~a:~ ~r ani ~~::e ti~~:_~:'rer oe n~'d te bF a•..~~.ar ci tnc •erms i:e:ect or oi the instrumeM secu~ec! herby.
1:_ ~ • . _;c . _ .h :rs uf ~ r rci ~;...;r •z,,~ -_~d by tV~.~ ~~~m Sscry nore sec~red hereby, mertgagor eovenants
,:~recs r~~ c e.. r~ , rh • ar. : i:. ,„_~-i ,s':^.ateu b f n~o~tyagee to be eq.;al to 1!2 of tne an:iua{ cost of the follow-
A-Aii ,~a~ ~ro~;.,,t~ ~~~ri ey5.:_. :i i~.s' _ a~..... d_3~ rd .c:oi i5'a•e~.
~ B -F. _ , c. _ ,a- r:: :cl;t: n. _-3• cr ,.s i~: r ;•y,;:red tn be ~i ci~ the ::n;;roveme~ts s~t~ate on ?{,e above dezcnued premises.
~ . -Prc . ..s e-~ :h ~-,r;, .gr goa•,•'•; ~r;:--;~ c_ =s r. _.•ya::~e _ ~ , 'co~- •o u~nc. deem fit to carry on the loan secured hereby.
~ y;;~..~ _ ~ ,3 9 P v• i
~ ti.o~~ ~ _ to _ ~rc~• , cr ~n ,,,r i,n of ine ~~~_•~r d~~r ar,d a 36ke hereundrr and such sum shall therzu~on be due and
; • e o~ th, ci~- c.r- ~r ~h= ..c~r ~~:i~•~~,r a:~d e~c~ wcc_•ss~ve -o•th ri:e•eafter ur,ti': mcrtgagee shall not~fy mortgagor of a ch3nge in such
Suc`~ su~cs sra.i ce aF:,,.~e:i ~r.orfg:;.,-,• !_:.a•d ri~e E a~men~ ef real prope~~~ ta¦es, insurance p~e,r,:ums, and mortgage guaranty inwrance
S ,~rs.
s v`dJlT`i[55 'LH:Rc,if rn_ sa,d N7RTGr-.:i.:'R nas ~~:rreu~to se~ his hor~ and saai the day and r first aforesaid.
§ S' , Sealed ar, de~i~ ed i! presence of: .
~ IIEI? Ra: ~~~OiIDE~
Fl~. ~ ~ v~-~-~~ Sea1
~ ~t, ~1~~ik ,~a
MRlS ' ;~e o ~:'s ave~ r ~
~{v v£ (Seal)
. :tli" C4URT
~ CLEG1 ' ro L (Seal)
:e a•:•er
: - - _ _ - AF~~hu~rE' ~ ::ildred L. (Sea1)
~ OF FiORIDA ~ ~ ~ -
~ - - . t; ~ 1
':?Y OF - -~~r_e. ~L~~~'~_---- - ' V~.II+~~
~ Before me pe~so~~aliy aPPeared ~O :ii__ _'_°aVnT' and
~ _ :.11~Z'~'C~ i,. :eaver his wifq to me wefl known and known to me 1o be
~ •.~rdivi3va!s desc~~~ed in ar•d who exe:uted tt~e forego~ng instrument, and acknowledged before me that they executed the same for the purposes
~ ~ •,:n express>d. And the said___~l~Y'~~_lt~ ° A+~~__
: of the saod _L~'~_`! • _ _`~~~'PT' - , upon a separate and private
~ar;on by me :aken s<parate ard apart fr;:m her sa~d husband, acknowiedged to and before me that she executed said instriment freety and volun-
i and w:+ho~t any cor„po's~on, co^stra~nt, appreher.s~oa, or fear of or from her said husband.
`a Yr11tr~S5 my hand and off;c~a! sea! th~s __f~~_.______ day o~_ I;arch A. D. 19~
; Notary Public in and i the S of Florida et Large ,
My Comm~ssion eapir : ~~p F
Retum io: ~ "
: F.rst Federal 5~.~.~ys 6 io3n ksso:~~t.on
O' =ort P.< _ .
Fo.t Pi~rce, fl_ . ~ ~ .
/
~ .
:
_ ~ ,
Tohr~ . ~Ollins t~. i
Th~s Instrument Prepared By ~ ' .
F~rst Federa! Sav~~gs I oan Association ~ - • ' - ~ . .
± of Fort Pierce s ' 10: i 3a p ;
= U r3 l,. l G,r
. - ;
Checked By =r`~'
~ C i '
BOOK ~?J7 PACf ~ - , , ~
R ?47 ~ s
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