HomeMy WebLinkAbout0862 3. To plice and continoously keep on tne tui':i:~~•~s ^ox o~ hc~~~ai~er eii.,~te o~ ~e~d .and ard on aC eq~ivn:ant and pers~nally co~ared by this mwtg-
+_)e. w~th all pren:iums tn~•reon p~ d ~n fu11, f~re ins~<<.~.ce ~n ~i~e us:+al sranda,J ~cy fo~~r. in a sum aHproved by ~he MURtG:~GEE. end w~ndflotm
~ s.~rance in ~ha uwai 3~JnC:J~d yol.cy (ur~o, in d.'u~'~ di:~7fOYei~ oy ~he MOR'.i;AGCE, in auch company or co~~~pan~es as the M021GAGEE may;
ce pol~c~~s on aoy of sa~d uui'd.nys, any ~n!ereit thrre~n or part th~reoi, in the a~9regate su~» aforesaid or
cl reu; and all iire a~.d N~ntistor,n insuia~, ,
~r~ r¦cess thereof, u:all _;:nv,~n inr usu~~ s~a~•d~rd morry~gee cia~se or wch ofher c,~se as the hlortgayee may rey~~re, maA~ng the ioas ~nder s~~d po~i-
,•s rach and rvery. pay:,o:r to sa~d ,ti1~~RTvAi:EE as :fs r~tcr<•si n~.;y a~:Near, a,d e~ch .,nd every ivch po'.c~ sh~ll be promptly ass g~~<~d ~~:d de~ivcred ~o.
,cy heid by sa~d 1,10RiGAGEE as fu•~nar 5_C~rity 10 said n~or~~egr d. bt, a-~d, nvt icas than tun (t0i days in adrance of ihe exHirat~on of eoeh po:lcy, ~o dr
.rr ro aaid 1.10RTGAGEf a n_newat tt~crcof, Ioyether with a rec~•~pt for ihe ~rr•ui„m uf such rener.ai; a~:d tt~rre s~~a11 hz no fire o+ .vi~~ds~o~~n ~nsurance _
~::+ced on any of sa~d b~ild~n~s, any inca~est there~n o~ part ~i~<.eof, u~'ex~ in ~he fc~~n a~.d v.nh ~~~e icss payaoic a: aiore~e~u; of~u ti~r e~.:~~t any s~m
c~ ~~:oney becomes paya6:e ~:~drr wch pel~ty or poLcies si~d lJtJf~i'.',AGEE sheil ha~e the op!~on to recr~ve end appty the aame on acco~nt of the ind~bted '
~:ss secured hrr~~by er :o arrm~t ss:d t~10R1GAGORS ~o recrivu a~,d ~sr it or a~~~ ,~,,t ~I,~,:.~ot ro~ o~~~cr i.ui~,osei. :r~ha~! th•,~.,: e~ ~~np.~~. ~
any equ~ty, i~en or ~1gF.t under or uy v+:r~e of ih~s mc•tgage; and ~n tl~e ev~rnr sa.d 1~';iRT'vAGORS shatl to~ any reasun fail to kaep fhe said prem~s•:s so ,
~r~•d, or feil to dt•'~v..r p:pn;Htly any oF sa~d Hoi•c:as :.f iniur~ntr to said P1lUK1LAGcE, or ~a~l prOmptl/ to pay f~lly 3ny pr~nii~~m therefOr o~ in a~Y
-,•d iai~ to perfo~m, d,sch~~.7e, c•aecvte. ef!rct, cx.;:ieto. co~,;:1y wiih a;~d ~b~Je b~ thn coven,~:~r. or any pan ha~eof, s~id A4GRT^vAGEE ~.~ay piace a•~d '
, for wch insur.,nce or any part ther.-of w•!I:ovt waivi ig or a~tauii~g any cr.i~on, I~rn, cy~~ty, ot ri~ht ~r.der or by virtue of thii Mo~tgage, and th~ .
amount o( each ~nJ c.e~y su~h paymen~ si~.,;: 6c ~~~~„e d„te~y d~a ~:d ~+ya!;~c e~~d shat~ b~•ar ~~eterasr trom fha datr th~rcof until pa+d at the rate of
Pi•; ccntum F:c" d::r~~. n a'fd t;i,~_~li+~:• .:~•h n_+t ~•.ct •V~.... s~•~...r~~c~ by tf~e ~on of fF~ii rnorty.~g:.
d. TO FCrmif, ~4rqnut Of Sv~fc'~ no ~a.+ste, ~:nrdir::iclN or c~~~ir+~~c,f~!~C.~~ Ot se~[~ ~~rGE,.'Ify OI dny ParT rherecf.
5, To pay all and singular tlre co~ts, cnarges and erE:ens_•s n~c~ud~ng a re~sonab!e attorney's (c^ and costs o~ abstracts oF title, incurred or paid at
~ ,~~re by sa~d Mi:RTGAr~E, because ~r in ~he c.~~~~! ot :n-: `.,.,;re on the eart ef ~he s:~~d M110k1GAGOR ~c du~y, pron,pNy and fvlly periorm, d~~cnarge
__~t_-. efrect, co~u~,l«te, co:nply wrth and ar :le i~y e:::h ai:d e:e~y the st~p~lat~ons. agr. ~r•i,~n•s. cor.d~tions, and coveeianrs of sa~d pro~n~,sory note and ~his
~r:~age any or e:~he~, a~:d sad ccsts, charges .,~~;i exper.srs. ~~ach and every. sh~~i L~• ~~:~»~d~ar~•~y due and payable; whether or not thero be not~ca da
attempt to co:~ret o~ suit pt:r,d~ng; ond tha f~il ariount ut ~~~th and e~'ery sech payment aha:l bear intrrest from tht date thereot urt!il paid at Ihe
~..nc ce~ c~n;•_~ :•,,:~,,,,:n, ,\nc a~: s.,~J c.:> , r.a: ;rs ~~:i ~_.;.~~~•s-s ;ncu:,cJ ar HoiJ, toyethrr ~ti~th s~ch interest, shall be securrd by the lien o1 th~t
~wnn
' 6. That (al in the event of eny 6r~•ach of this !.!c tgag~• or dei,u'• o~ ti,e ~•;•t ot the R.ORTGAGOR, or 'b) in the event any of satd wms of money
~;n reierrrd to be not p•o~,:pfly and iu~~y Na.d .,,r.~~;: th:rty ;3., de~s n~.e r,i~.:r ~},e san,e seve•a'iy 1,eco~nr due and payable. w~lhout demand or notice.
, r., in the r:ent nach a.^.J ev.,ry t~e st~p~:at~ens, ag~r_me~ds. c~• d.t~o^s and cc~rnen~s o4 sa d p+omissury r.ae and th~s mortgage any or ei~her are not
c.•on~ptly and tu'iy ,:er.c,rm._d. U sc':a•~~ d. :•~rc..r•rd, e~~ac+~d. a~: .;'er~~J. co .:ed :.~~h acd ui;•dNd tiy, then in e.ther or any s~ch event the sa:d ag
: sum ment;oned in said ~,ro+mise~y r~c'e t:,en r~~r.a,:~i,y .;:a.d .•nrl, ~nt..~r~,; a:a.,ed, and a:i nwnc~s srcured hereby, shall become due and pa~•
~tcrthw~th, or thereafrer, at the o, ~ie~ oi s~,d A',OR~GAGtr, ss arw :o~~~~.lefc•y rs if aH oi ti,c seid s~~ns of money were or.ginaily st~pu;ated
• pa;d on such d~y, znythir.g m sa d c~o n sscry rotc or ~r~ thfs JL~o:tgeg•2 »i^ w~ tra~y not.v~thst.r~Ling; and thereupon or therea{ter at the op~~on ol
..f r~,pRTGAGEE, w~rheut nonce o. ~e~~:and, sou at law or in eyuny, rh.~at..ie or tt.;rrairer beg~n, may be prosecuted as if all moneys sec~~ed hereby
. .f maturetJ ~n0~ f0 ~fi ins~~tu`iOrf.
7. That in the eve::t rF,a: at tne ~~e3:nn r~g .~f or at any tur.e pend~rg a~v s ti,;s !1o•tyage. er to forectose it, or to reform it, or fo enforce
ent of any c slms he.eu.^.d~•r, s~:ci M,ORTG::~r• s=•a'~ ..pH!y to ti~r Co4r+ h~:~ ct.on ~.cr_ui !or ~he ..ppoir~tment of•a Rece~rer, such Court shail
.,:ith a; ~:o~nl a~c-e.~er cf se:ci ~~:v~tg.;~_-:i t!o;•. a:! and s~,~yuiar, i~::_.f.~,g s_»~y~ e:nton;e. Piaf~ts, issues ar.d reven~es trom wh~tever
- ~ drri.ed, e.ch a~,J rvery ot w%..c l•e,;,:: ~.'c•ss Y u:~d._•st~od. ~s :-i-:~,. c.d as i4 s:;e.~tica:;y set ior~h and described in the granting and
~eJ~m c joses her.~oi, ard s~ch Rece~.e~ sh,>~; hav,•, a~! b~;;ac1 a~.d eit..~':e/~r c. ~ s. nd po.tirrs in a~ywise eNrusted by a Cc~~t to 3 Rete~ver, and
. +cpoin+me~:t sh:;I~ Ce n,ad~ by such Cc:~•• as an .+d.• ~tuci c,,;.t7 ani a r. ..•'_r ;_ic~r r;ynt ~o said h10RTGAGEE, and withc~t reference to the
~,cy or inad.:qvac~ •>f nc~ v; ue or +1~•, ;vo; ~~rry r~:ur~g~ged e~ r: ~r.~~ s, ~ c~ cr ,_n,vency o1 sa,d MORiGAGOR o~ the deienda~rs, and ~hat such
- . F;fOfi15, If1CJr7:C~ is;ces a~~d r~•:e~,.es sh ~~i b~ aF ;;;:c:3 oy s..~h R,:a::~~~r .,~~_~r~~~. ,:o ~he Jien or equ~ty of said MORTGAGEE and the pract~ce of suth
3. To d~ y. F:o~~p.T:y a~,d f~!!y f~,.•r',orn, d~scha•c~~, _:f=.c~r.,, ei`.;:t, c:,-j.'•.•~.. c.;-;.;; H,:rh and ab~de by each and every the stipuiations, agreemeMS.
.~.n5 ar.d c.,.:~i~a:~ts c.~r'v~r:~l'..:ry r~c7e ~r._ tl~~.s ..r;,rty~~~~ S,•t fcr...
9. i~:a! ;n ~_~~..t r~:e ..~~erc~. p eF t:... r.,c-T~..geJ pre.: ses cr e•:v ;a~t ti~~,~• cf, c:~cor.•es ~estrd in a person other than the MORiGAGOR, the
~"~AGE:. i•s s.... - :l~.~s :n~y. r. . _ •..c . ,,C:.i=-J5 s.,ih wccesaor or Successor :nterest with ~eference to thi3
~ _.,gc o;~.d tF:~~ ~1~:~+ `h.~.. s~::.~'~c n: ?h~ s~nv_ a5,...•h? _ ':or ut in eny ~.va~ vit.aling Or d,SCha•ying 1FiB 1~lcrigoc~Or3' lidbiii~y herc-
- or ....,n rn= _ b~ ~ . . _ s. . + . ~ _ . . •g ~~~•d a: d no io~t;ea.snce on the pa~t oi the /AORTGAGEE or its s~ccessors
s..~,d _ cx•_• ~ . , , 1~~ r.. y,~er, by ihe rAORTGAGtE cr its wccessors or ass:gns. a~;all operate
d.scnarge. ":c'.,•y _ r.';.' . ~ t _ ~ _ . r~ ~i~_ •,'GGkivft,OR i,er~~~n, e+f~er in ~nhoie or in part.
~0. It ~s speuf,: .~•erd r't~at ti+ne ~s ~h~ rss~n-r of th.~s co .t~acr and th.jt no waiver of any ob~~gat~on hereunder or o( the obligation s~
: h_reb,r s~•a~ a~ a-~, .*e r.. r.a~~er .e'd to t n..,.. . of ft,^ e:ms h~~r•_•~t cr of thr. ~;,Strumenf sec~red herby.
~ l. fn .:n.i t _ . t•~~: .,•~rh'Y 't . .•1;• : z.'d ~ . ,.'S• •e:~~~i:cd try ti~e prv`m~.siory no!e s_•_u~zr! he~aby. mo:t~agor covenanii
r s!. r~ - . . ~.t i~~ me-sga~ee to be eq~a~ ~0 1 12 0~ the a~in~al cosr of the follo~nr-
1 _ i ~o~, rty fn,s . ~ ;ss• _ . .g. _ ~ ~:e d_. d . esi„ ~
i 6 ~A; ~ . ~ _ „ ~ . . s . . -i_ ;i n , . . ~~c _ ~vc•nen!s s":~ate on the abcve d_scrit~ed prem~ses.
G --?r: s o. -i •n r~e ~_a- .+r svr~~ ~._rr-+--- sh,. frcr • ne so n_~ deem fit to carry on fhe :oan sewred hereby.
~ t:.~ r~,, . , + - . ~ J, : o' r.,,~ o. r , nd p~ya6le he~eund~•r and s~~ch w:~~ s~al~ v~creu~.~on be due and
„ . _i r-_- . . , • . „r,~ , , s,..c ,s .e . . ~ . ~ _nt*.:r uct~'. mortya~ee sha!I nut,fy TGlt~d~Ol of a change m such
p
~ , S_,~• . s s• „e ;_-.i c ;t'y • ~ •i ,:nt cG rv: ~~:oF.~,ty ;axes. insurano~ prem.~ms, a~~d mo~tgage guaranty insutanee
~ •..5. ~
' "IT`:E~S .:r1_ '~F, .A s,sd ~;~iC.G.!~'~ i~as 'r.rr•_r~!o sr• n~s h,rJ a:~d sral the day and r fifst aTOr
~ ~ .
f 5 ed. `de'"+e~e<f ~n r.,se o'-
~ ~ FI~ED ANt • Seal)
; - . - - sr. c,uc,c e~uw~~ f
- ROCEn ~O~TRA~ rank E. rewer, a sinqle ac}~~t
CL ERK ::;~:;,UtT .~`,pyR'~ (Seaq
~ - _ _ _ ~
~ oc~0~_' vF::i~IED
~ _ - - - _ _ - - (Seai)
OF FtOREDA ~ ~ ~3 ~ 22 ~'7~
a , } S5. ~j
~ ~ ,'Y OF - - ~t C.tl~l.e _ - - _ 1 I~
~ gA{ore me p«rson.'iy a,.~.•_ared - - - - - ----F~- E --Bl'Q1lVQT and
§ hirv~ife, to me weli known and know~ to me to be
a - - - - - - - - -
~ ~ d~v~dua~esu~~:-_•d 'n ard v:nc e.ec_:~d tP~e foraga~r~g ~nstrumenr, and acknowledged be(ore me that ~e~ executed the same for the purposes
~ .
~ . .,.in express?d. And ~fwZei~- - - - -
:~-~i 1~,+~i _ _ °?~en s xpa.sl~ end ~+i~e~e- .
~••~.~r+.a~~1YR
t7RlTlr~.1?~~.d~SFIK~IL~~T( ~+~•i~~sisani,-e~ic.~~elcri~.~~»f~MEM.IF1i~~~liCiulE~iJ<i~fLlYfi4l~9YL{if~~.iG[LY[1I~10'~
•...r ~w{-rw~~i~u?~~~o+.~,.r~. sonuci~=.yof~rh~,os.oo.~~ oLor.fsom~riyd bu~ta~ia~
~ ~
~ .•:ITi.:SS my hand rrd of!ic~a! seai ih:s _ d3y °f__---- ~ZCh A. D. 19~5
i
- - - y~~'~f~LG~~ % ~ _ ~ ~t~L~
_ Notary PubGc in and for tne S e of Florida af Large
» hiy Comm~ssion expires: ~ ~ 6
? P.e'vrr. io: / ~
r:rst Fede~al So,~r,c:s 3 Lc~n Arr_~~r.or.
C` F .
Fort Pi.~-~,•. F~; ,.it ~
1 .
. .
This Instrumeni Prep~red By Rober t A. Swisher , JY . ~ ~ ~ ~ ~
First Federal Savings 8~ Loan Association • 0•" _
~ of Fort Pierce, FloY ida 33450 - L~' " .
Y4 ,
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= Checked By - - ~ ~ ~ ,y , . -
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~ ~ •
~ ~ R e~ Q
_ 800R ~.J~ MSf p~ •
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