HomeMy WebLinkAbout1831 To p:xe and tont~nuo~tl~ keep on tf~e l,~~.~.i.~.)s 11G•N or I.craetter t~tuete on s:,~d !and ar;d on al' eq.:~~;nrnt and prrsona!~y ct~.~•~ed by this ~•-~~ortg-
age. W~th all p~Cni:u~nS ihrreOn pad in 1u'~I, },re ici~r~~~ce ~n tn: us~a1 S!ei~~ard po'~Cy fJrm. ~n a Sum eHyri:.ed b/ tha MilR~v~vcE. di'd vv.~'a:tUnti
msurante in the usual sr,~nda~d po'.cy for~n, in a iw~~ e~.pio.ed by the htURiGAGEE, in such cornpa~~y or co~.+pan;es as the :',ORiGAGEE may
~~rect; and all fire ar.d w~ndstcrm inwrance poi~c~es on any of sa:d bw~d~n9~, any interest there~n or par~ therroS, in the aggrga~e svm afo~esa~d or
in eacess thr~eof, s!~all :ont„in ~he ~au~l srar.d,rd mongegee c;a~se o~ t~ch orhe~ claune ss the Mcrtgagee may ieq~.ra ~~o?~~~y ~~~e ~o~s under s„d poli-
c~es, each and every, pai~i:'e to sa~d l.1JR1GAGEE as ~~s ~n+cresi may appc~r, and each and eveiy such po'~cy sf~ail be prompiW atsg•~rd o~,d de~~+~•~~-d to
eny held 6y sa~d MORIGAGtE as tu*rher aec~rity to ia~J ~•.w.tg~gc de5t, ar.d. ~tio~ ~ess than ten (10) days in ad..~nce of ~he exp~rat~on of eoch pot~ty, ro de-
Gver to said A10RiGAGEE a renewal thereoF, ~oge~her with a recr~pt for tha prr~nwm oi such rt~~ewal; and ~F:rre shafl be no f.re or wn:ds~ur~n insurance
platcd on a~y of said b~~!d~ngs, any interest therein o? part the~eof, un;ess in the form and w~th the loas payab!e as aforesaid; and in the evenl any s~~m
of money brco:nes p~yable u~~der s~ch po~~cY or pol:ues sa~d M.ORTGAGEE shell have rhe opr:on to rece~~•e and apN!y rhe sms~e on accoun~ of rhe i~~d~•c:~~•d•
neas secu~ed hereby or ro pern;A aa!d MORfGAGORS to rec~~~e and vse ir or a~~y p::~i ~t,~•~cef tor e:h~ r~.~r; :;s~•s. .:~~i,-,,,t ~h u.
ing any eq~ity, lien or ~~ght undcr or by v~rtue of this mor•gage; and in the event aa d A10RTGAGORS sha:l fo~ any reason fail ro keep the sa~d p~e~r~s~~s so
~naured, or fail to delive~ promptly any of said poLcirs of insurante to sa~d A10RiGAGEE, or fall promptly to pay fu~:y any p~c ~~w~n therelor o~ a:~y
resped fail to pe~Form, d+scha~ge, e:ewte, effett, tompiete, co~np~y with and ab~de by this covenant, or any part htreof, said t11URivAG~E may p~aca a q
pr~y for such inwrence cr any pa~t ihereof wrthout waivmg or aifecting any opt!on, lien, equay, o~ nght undei or by wrrue ot thfs M-crtyage, and the
t~ll amounl o( each a~d erery such paymem shail be immedietely due and pay.~ble and shall bear interrst from tha dote thrreol ~r~til p.;~d at the rate oi
n~ne pe~ cenl~m per ar.num a~~d to3e~h~-r w~th suth uitr:cst shaii be sewred by the Ifen of th~s mortgage. ~
1. To permit, commil or suifer no waste, impairn:ent or deter.oration of sa~d ptoperty w any part thereof.
5. To pay all and singular the cos~s, charges and eaNenses. ~~uludueg a~easonab(e attorney's fee and costs of absrracts of t~t!e, incuned or pa:d at
eny ti~ne by Sa~d MOR(GAG`_E, bi:cause or in the event of the fa.lwe on tne patt of Ihe said MORTGAGOR to duty, prom~.tiy and fu:ly per(orm, d~stharge
~.a.. ..ffa~~ rmm~2a/w r~,~.,t~ w,~6 and ah de bv eac6 and everv ~he st~oulat~ons. aareemenrs. cond~rions, and cove~ants oi se~d prom~;sory note a~d ih~s
n••ortgage any o~ ei~her, ard sa d costs, cha~ges and expenses, each and evrry, shall be immrd~ately due and payable; whether or not tFe.e be no}+ce da
rrand, attempt to collect or swt pend~ng; and the full amo~nt o! each and e~ery svch paymem ahall bea. inte~est from the date thereof umil pa~d the
,e o~ ~~~ne pe~ c~°nr~m y~r annca~; c:~c: au iaid costs, c'r,arges and ~Xii@nSCS incurred or paid, iogethe~ w~th s~ch interest, shall be sewred by the i~rn of th~f
mortgage_
6. Tha~ (a) in th~ event of any brrach of th;s Mo~tgage or def~ult on rl,> part oi the MORTGAGOR, or (b) in the event any of sa~d s~ms of mo~ey
herein referred to be not pro~nptly and futly paid wi~hin th,rty ~30; days next airvr fhe same severa:ty beconie d~e and payab!e, w~tt:out demand or noncc,
or (c) in the evem each and every rhe sripu~at~ons, aqreements. [ond~f~o~~s and covenants of sa d promnsury nofe a~~d th•s mo~tgage any or e~~her are no~
ju~y, prompNy and fuUy performed, d.scharged, execvt~d, efiectrd, completed, comNf,ed w~th ar.d a6~ded 5y, ihen in e:ther w any such event the sa~d ag-
~~agate wm mentiored in sa;d p~omissory n:,te then ~eniain:ng ~npa~d, ~n~th ~nte~e,t acuued, a~d a~t moneys secured hereby, shall become due ar.d pay-
eo e forthwirh, or nc~r~~af~e~, ar ~he op!~on oi sa~d A!ORTGAGEE, as fu:ly a~~d con,pleTefy as iS alt of ~he sa~d sums of money were or~g~natly s~ pu~atrd
to be pa~d on su[h dcy, enqtF.ing in sa d psom~asory note or in this Ailortgage to the coMrary nGT.w~F:513nd~~~g; and Ihereupon or thereefter a~ the op~~on of
sa~d MORTGAGEE, w~rno~t noe,ce o~ demand, suit at ~aw or in equrty, thriefo~e or thereafter oeg~n, may be prosecuted as if atl muneys sec~rcd hereby
n,d matured pnw to ~ts instiTUt~on.
7. That in the event that at the beyinning o( or at any time pending any su~t upon this Mortyage, w to ioreclole it, or to reform i~, o~ ro eniwce
;:a;ment o1 any do;~ns F.errcr.de•, so~d h50RTGAGEE shai~ app!y ro the Court havmg ~v~~sd,ct:un thcreof for the apNo~~~tment of a Rece~ier, such Co~~t sha~l
i~•thwith appoint a recei+er oF said martgaged property ai! ar.d sinyuiar, incivd ng a~l and s~~~g~'ar the ir.come, profrts, iss~es and reve~~uea from wh~te+er
sc ~rce d:r~~z~, each and e.•ery of wh~ch, ii b.~~~g express~y undersrocd, is fr•eby mortgag.~d as if spec~f~catly set iorth and descr~bed in the g~a~~~~ng a~•d
h.,hendum tlavses hereof, and s~ch Rece~ver shai~ have all th~ b~vad ard efirct.ve funu cns and powers in anyw~se entr~sted by a Co~~t to a keceiv_r, a:~.d
t:h appuintm~ent shali bc made by svth Court as an ad~ni~trd eq~ity and ~ rr.ancr of z~so:ute nght to wid MURTGAGcE, and w~ahout referer~ce to ti~e
a.icq~acy or inadeGvacy of th~~ vaice of the property mortgagrd or to the so.•:e~~c7 or ~nwivancy of said M'JRTGAGOR or the drf,:~:danrs, and th~~t sv4h
••^~s, profits, intome, issues and revenues shail be app'~~cd by such Recr+ver ac:ord,ng to the Gen or equity of said 1110RTGAGEE ar.d the praUke of such
Court.
8. To du!y, prom~r!y and f~Uy perionn, d~scharge, exec~te, efje.t, co~np6ete, comply w~th and abide by each and every the stipviations, a^y~ee neNS,
_nditiena and co+enanss sa~d prorussory ~~cre and tn.s n:,~tya3e st•t fo-th.
9. 7hat in ~he eve~t the owr.ership of fhe mortgaged pre~n,ses, or anr' F~r~ thereof, Lecomes vested in a person o!her than the /.10RiGAGOR, the
:`RTGAG'_E, i!s suuess<,rs ar.d d55~q~:i ~~i3y, Y+':7F1JU~ nc•1:._ to the ;;,ORiGrOR, deal w~ti~ <,;ch successor or successor ~r. :r.terrst wrh re:rrerce to th~s
~ ~:•fgage and the dect f:e~e'ty seture~ in liie same manner as .n-~'h t. ortga^yor w~thout in any way vif:atir~y or t~isCha~ging the lAortgago:s" Iiabii~Iy here-
der or vpon th? debt hzre~~r se:v~_~d P.c sale of the F~e~n~s~~s hrr~SJ mo~tgaged and no fa~tea.ance on the part of ~he ~1lORTGAGEE o~ iss wccessors
~r ass~gns and no exrer.s~on of r~,e t~:,,_• for the payn.i•~+f of tt~ deb~ h~ c~y se:ured g~ven by the fAORTGAGEE or its wccessors or ass:gns, a1:a!t operete
~o re~ease, dacharge, m.od~fy :hange or afiecr the orig~nal tia:;,la~ of the N,GRIGAGOR tscrein, either in whole or in part.
!0. It is speuf:caGy agreed fhat ti:ne ~s of the esser.ce of :h~s contract ar.d that no waiver of any obligation hereunder or of 1F.e obiigation se-
i c~~red hereby ihal~ at ani time 1h_reaf:er be h~:d to be a wairer of the terms hereo( or of the instrument setured herby.
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~ 11. In ~ecid tc, i:o i~.:^ f'v~epo •*~c•~ti.'y ~3y~r~r}~s of ;:n-:c pc~ and uir:•rez! req~~red by the prom's>ory ne'e sec~red he:abl, mortga~or tovenantg
~•.d agrees tu pay to n.c•t~agee n~:i~ each ~no~~;h y pa~r.:ent an ad :~~wna~ w~n ~~sr ~ a~ed b~ n;ortgagee to be eq~ai te 1, 12 ei tha a:~.zuai :ost of the foliow-
j _
~ ~1-r1~~ :cd~ ~~~CF""~J 73X'S ~il•':~~_ : C! dS5^SS~_(. ~s(j?~':5: IY~!: d[:'JJf d<Sr!~4.~,~ f(~31 es•ate.
! B-Fr_~•.iu : s o~ fre ard .v,.:ds!ur.r ins:.-.~~ce as her._in r~qu,red to br ca•n~-d on ihe i~n~rovements s:tuate on the above desvibed premises.
~ C-Pre~• ~r~ s on such r o~t;; :qe g~ar;nty ir.SUrr~ as mc~rnayee sha'; i~o^ r~r.e to tvn~ deem iit ro earry on the loan secured Fereb~.
~ t~.~ortyagee s~•~'I t.c~n ~~:re to t~-•.e nc'~f; merty,,gor ~n wriT~ng of the ar-ou~t d~~ and payable hereunder and such sv:~~ sha.l tharcupon te doe and
f ;.~;ab!e on thr d~e o.+te oT the n~.t>rnpn;n:y pay~,ent and each success~ve :-o~e!h tnereafrr ucr~i mertgagee sha11 notify mortya~or of a change in wch
~ ~~~>ur•.t. $uch Su~ns s~~a~.i ~e a~-,~ ~~rd ;~y mCrtgay~~r to~..~-d !he ~.al~r-~.ent of reni property taxes, ins~rdnte p~!'R1.VT5, d:ld motigage guaraMy insurar.:e
~ T11 V T3.
t IN ~'~IT~IE~S WHER~:~F, the sa:d :'•ORTG<.v7R has nereunto set his hand and sea! the day and year first aforesaid. `
a Signed, Sealed ard delirered in the presence of: HLEU ~.E'"Jn~EO
5 y~ ~ - ~ -
~ sT. ~w.i _ .~~`JMTY fU. ` i,<, _ .
- cs~a~~
~ - _ ~1 ' `~-::.lS ~l ~ -C lt,~ %'I ' fj~`~ _
LOURT - ~ - (Sea?)
~ - - ~ .j' - - - CLih~ • s ~
Rtf,flF' (Seaf)
F~ ' T__ ~f---- ~ ~
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~-~--t ~J~~- ~ . , l5ealj
~
~ ~~0 ~ S1~'H l5
g ' ~iE OF FLORIDA ` ~ 1
\J~'f u
} ss.
~ ~ ;u'JTY Of __SL. _Lucie _ _ ~
~ Ro er B. Diiller
Before me personally appeared g _ and
'w$ heila M. Miller
_ _ his wife, to me well known and knovrn to me to be
~ •he ind~vid~ats desc~~b~d in and who exewted the toregoir.~ instrument, and acknowledged before me that they executed the same for the purposes
~ Sheila M. Miller
rF.Erein expressed. And the said
~ :+;~e of the said ______.___-______-____~OQer r~lller _ _ upon a separate and private
~ c.am~nat~on by me ta«._n sepa~ate and apart frorn her sa:d husband, acknowledged to and before me that sfie exewted said instrument freely and votun-
ranly and w~thout any co~rpu:sion, co:utra~m, a,^.prehe~son, r of er from her said husband.
~ WITNESS my hand and offic~al seal th~s_ day ef rlarch A. D. 19~_
_ _ ~YYJ
` Notary P~blic in ar. {~r the~dtate of Fiorida at large
- My Comm~ssion expfes: /
Ret~m To: !
First Federal Savings S loan Associahon
= OF ~rrr F rc,' • • , . . !,`7i~E
Fort F~ Flc.r:;~e . _ ~ • t' J, .
19iT
' . . .~.~..,..~~:.2 t.0.
`z°i
:7
This Instrument Prepared By RiChdrd K. Kayes -
First Federal Sav~ngs 8~ Loan Association . •
- of Fort Pierce , Florlda ' v
Checked BY - EO~K 1 PAGE ~V~ = ~ - ' , ~ =
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