HomeMy WebLinkAbout2733 To placo and con~~n~ously kecp on ~?~e bui;J~ngs now o~ h~re~ffer siw~e~ on ~aid 4nd and a+ aii cq~iw.~ent and personally cove.nd by thi~ ma1¢
ege, with all pem~ums tne~eon pa,d in (ull, fue insur,ncr ~n ihe ~svel s~+:xlorJ po'~cy lo~m, a wm app~o~ad b,r ~he MORtiaAGEE, a~~d windt~orm
.::swanc~ in tht uwal ~tandard pol.ty +orm, in a:um approvcd by ~he MORiGAvEE, in fuch tompeny o~ tompa~~c~ as tM MU~TGAGEE may
d:+ec~; a~x! aU fi~s and w+ndstorm insu~ance {w1~a~s on any ot •~~d b„~td~nys, ~ny inferest thcrein o~ pu1 tAe~eof, in IM agg~ryete ium alwesaid o~
m racesi thereof, thall ;unrain ~he ~~u.+t s+~~.Jerd mw~y ~qee uause w iuch otFur cia~se ~s tM h~orryagee may requ~r~, m~k~rp tl~ ~os~ urx~er se~d polf
c as, each and every, payable to seid M~R?'vAGtE as ~ts ~~•~~•~.•st n,ay ai~pear, a•~d each a~~d every s~ch pol~cy fhail Yx pyDmptly ass gnrd anJ de!ivered fo -
an~ he1J by sa,d MORiGAGEE as (ur~her srwri~y ro sa~d n,or~gage deb~, a~~d, nu~ less ~hon ~e~ (I01 da~s +n ad~a~~ce ol rhe exp~~stion of each potrcy, 1o da
!..rr ro sa+d A\ORTGAGfE a ronevval H~ereaf, toq_+hc~ wrth e rrce~pt /ur the pr~n:ium ui such rene+.a~; and Ihrre shsll bt no lire a windato~m inturancs
p'~ced on aey of sald b~,~idb,gs, any intereil therein a part thcrrof, un!ru :n the •onn a•~d w~+h the ~css payeb~e as aforesaid; ard m tl~e e~enl any sum
ur .~~one~ beca»es peyab~e under such policy w pol~cie~ sa~d N10RiGAGEE sha11 ha.e tAe opt~on to receive ar.d apply the same on sccoum ol M~e indrbted~
..55 sa'torEd fie~2Gy Ot to pennii aaid I.10RTGAGUkS to recaive dnd use it Or ar~y tn.•..•of tor o:icvr ~,u•~:;;SCS. w~tl:o;;t th-r,?., ._u~~3 C~ :•f~pair-
~^.3 .~^Y equ~ty, lien a+ight undrr or by virtue of th~s mo.•gage; a~x! in ihe evr~e sa;d MpR1(,iAGORS shall for any re~aon fail to keap ~he sa~d prem~se~ ao
s..r~J, or (~il to dc i~~:~ pro~e.Ntly an~ of aa~d Fw!•c~es of in~ur,nce to said h10RlGAGtE, or fo:! p:cmptly fo pay f~!!y any premivm therafor or in a~y
~-s; •„r fail ro pe~(orm, d~sch.~rge, ezecure, ef!rct, canp;r~r, co:~ piy wirh and ab~de by eh~s covenant, o• any part h~reol, sald MGRTGAGEE may piace and
, fo~ suth insurante or any par~ thercof without waivirx~ or affecting any option, U?n, equAy, or ri~hl undet or by virlue Of thii MOrtgage, a~d the .
~ 3mou~~~ of each and every s~ch paprr,~~nt sh~ll 6e ~mmed~ete~y Jve e:~d payab?e e~:d sha'I bear ~nterrst fro+n tha date thereof until paid at the rate ol
.~~ar tant,.rn ptr an:iun~ e~d to~,t, cr .~~th s_•_h ~~~trr~s~ shal~ ~,v icc..~rcl by the !.en cf 1h~S mOrtgage.
4. f0 pCrmif, CO+nmit O~ Sufler n0 waste, impa~rnrnf or c~cl~~retat~on U~ suid ~„ruperty W dny pdrf 1}1f~C0~. ,
5. To pay all and singu~ar ~he cosrs, cha~ges and •±xper.sas, mcluuu~g a reasonable anomey's (ee and costs of abstrects of title, incorred o~ paid at
, t~:rc by s~~d Mi~RIGAG'_E, bccause or ~n ~he event of ~i~e f~:iu~e on N:e part o~ the sa~d lJ1JRTGAGUR to duly, prompdy and fully per(orm, d~scnarye.
vfe, eftect, ,om;,:cfe, com,~ly w.~h end ab dr 'r~y e::h and rvery ~F.e stipu:a~:o~:s, agrc•e ~~anrs, condi!~ona, end covena~its of sa~d pro~n:asory note and th~s
~:~rgaye any o~ rahe., a~~d si~d ccus, chj~ge~ ~~~d expenses, exh ~nd evrry, iL~if be ~mmediafely due and ~yable; whe~he~ or not thero be no+ice de
- .,r f- ~ ~ .t_: ~:.~i y --.w a...l - e ~..L. ~1.at1 1..... a~ i...... rl,~ .~a~. ~M...n{ _n~il ~++l:.~ a1 ~1..
, ~~~ne pe~ a~ n ~^r a~,., n: e._ au s.,.u .csu , i~. . jrs ~•d .~a: ~~.us ~n~~,: reo or ~.rd.^~ogeiher wrth such interest. thall be secvred by the Gen of th~l
- syage. ~
6 Thai (a) in ihe eaent oF any breach oi ~his Mo~+gage or defau:! on flw pi.t of !F.e MORTGAGOR, or (b) in the cvent any of ~a~d sums of money
r._=~n referred tu be r,ot promprly ar,d tu:iy pa~d wnt~~n ~h,n~ ~3a~ diys neAt a~~rr ~'r~E san~e severa:ty beceme due and payable, withoul dema~d or notice, ~
in rhr eYent each and every ~he st~p~~a~~. ns, a~reemeots. cocd~nor.s and co.enann of na.d promissory no~e and th~s mortgage any w either ere not ~
~;ro•nptly an;f 'r~!iy re.forn~ed, dsc.•a~y--J. e.ec:,r.d, e~fecitd can~.'r+ed ~o n;,. nd .-nth and at~ded 5y, then 7n enhe~ w any such event the said ag- ~
, :3•t sum mentio:~ed in sa:d prom:ssory r~'e tnen rer.a.ning unHaid, wrt~ i~trre~t ac,•:,rd. and arl maneys sec~red hereby, shall become due and pay~ _
_ 'erthw{th. or tF.rreaf!rr, at ~he oo•,o~ s: d f1!U2iGAG~E, as fully a•x1 cer..~,:e~~:ty aa it ali el the s~~d sums of money were Cngindlly stip~:atld {
nn:d on svch dty, ~nyfh!n~ ;n s~ u p•e -i.~sry nota or in this ti1u•rga3e tu th•~ co~~~•>cy notN~~hsian~~ng; and tFwreupon or therealter at the option of ~
.~.^.:~vAvii, w~:~•oui ~wt,~e e~ ueu~anJ. s~~i at 1aw in rq~~~ir, ~i~ere~u!r or Ihc~raiter hryun, may i~r pruancuteJ ea i1 aii n~oneys secured nrrn~y ]
. ~.,turi~d pr,or ;o As i'istit~~!.on. 1
7. That ~n erer•+ tt,a! at tne b>3i~~n ~~g nf or a! any inne pend~~~g a~y s.,~ t u;:i.n this Mo~tgaye, w to forectex it, or t0 refwm it, or io enforte
r-,r of any c!,::ns h_~-e~~:,Jrr, s.;:;,' t.~.:iFTG:.v_c s+~a:i ,pp:y to Tn,• Ce_~~ i~,.:~ 3,,,: +dcr.o•~ ther~of for the appomtment of a Rece~ve?, such Court shaN
•n ~e a ~ ~ s.•.d _ F • ~t; ai: ::i a.~:y,~tar, :-,cw:: ~,g ..•~d s • _~v er fi:e ircome, prof~ts. issues and reve~ues from whatever
~ ..~cr~vcd, t<:cr, ~r~:! ~._:y of .~,L; .,.~:.y~~ .,.:,.-•ss~y cr.d~~s~o::a. ;s :~~:~~u; ~.~,~;.~ed as ef spec~hcslty xt forth and described in 1he graming and
~ ~~m r a~.~srs har.oF. and svch Rec_•~.-• si~; ; h::•~ a' t7.~ bro~d a•~d e~se:^.~~~ cr end puv:ers in anyw~se eMrusted kiy a Court fo a Reteiver, and
,:..n•~e:r eK• :cad~ t,y wcF Cc,:~i aa en ,d•.u:r,~ eq:,:!y and a~,~~:rr Ji o:.S:J~VtB right to said MORTGAGEE, and wi~hout reference to the
,~y or n.ad_;~:~c: of t^.~ ~a:~~~ ti,_ r•ree,e~jy roo~sa;ged t.• tr_~ so~•:•~:. ~n;o;venq of said MORTGAGOR Ot the defendanls, and that such
.;~ci.rs, +nco ne, ~~:u•:s ard rea•.::~~~s <.,0~1 ba e~,:;;~ed by s~ch Kec<~:er at;ur.i ..g +o the lien or equiry of said MORTGAGEE and the practice of such
9. To d~'y, prcnq.r'y a~:d fu~~y rer~o:m, d[schar~e, exr:ute, ef'.~;!, co~cplete, ;,ly v~;th and ab~de by each and every the stipulations, agreemems,
._ns and c.:~~~na~~n n s.•3 p:o.n~ssorf cete .,:~d th's rn~rtgage srt forth.
4. ii;at ~n ih~ ev~• ,e the av.~.ers~~ F~ of the mcrryaged prem,ses, o~ any port ti,crccf, 6ecomes vested in a person other than the MORTGAGOR, the
-:~vEc, irs s~.ec:ss,~e ard as::y~,s, ~-ey, .,:;rhout r~~~.c~ 'o ~hr N.OFTG:+Ok, dea~ h~ih s~:h successor a s~ccessor in imerest v.ith reference to this
~~y_ a~d tF.e U•;;t F.c~eby sew~ed in 'he iame r~erncr as v~'h f~,o;tgogor vv;thcut ~n ~ny way vit:ating or d~scharging the fAortgagors' liability here-
• or upon fhe d:c• he~t'~~y srw•_~c: Ne s+'a cf ~+z ~_re~ ~s^s h~reby m~tgaged ar.d no forbearance on the part oF the ?AORTGs~GEE or its svccessors
_~~~s and nu cxri~von c` +he tir~~.- fo~ rhe cay,~~e•~t ol tr,z d~,bt hrreby sec~red gbven hy tne N.ORTGAGEE or it3 svccessws or assigns, si~all operate
•.,se, d~scbarge, rnc=l+fy cnangz or a4+e:t the o:~y~nal l~aE~:;,ty o( tne N.GRiGAGOk t~erein, eitF.er in whole or in part.
l0. It is spec iicaliy a~reed :hat t~me is or tf~e esse:~ce of this contract and that no waiver of am~ oblfgation hereunder or of the obligation se-
d hareay sha:: at eny t;n,e tnereaiter be n:'d to be a wa:.cr of the terms herecf or of the instrument secured herby.
l t. t„ .,~J.r.c •a r - - ,~3 . . . . , ,~s of and :.,•,res• ;ed by rhe prom ssory~no~e sec~red hereb~. mortgagcr eovenants
:;•ces to pa~ _ -.•.~h r ,r i:;na' s.-~ cs' . z~cU b; mo~tqagee to be eGua{ to 1' 12 of the an~ual cost of the folbw-
A--:,I! rce! p~opcr:~ r,c;s ir~~F:i er au~,~+,d a7ii•~st thc above desr~bod es'ate.
~ r: u_s cn f.. _.,:i ~s~~ :,s~-~~ ce :~•i r~q,,.,,.d to b,. ca.,;..d c~•h~ !mp~ovemc~ts s~ruate on fhe aoovc descril~ed premises.
~-Pn_~r s o:~ ::.ch n:~r,) .q@ qJ3fz~~i~ rraurer as mo•!gagea snal! frv r:me ro nme deem fii to carry oo the loan secured hereby.
;;rt~;~q~e sh: '-c~n r~ •::r to t: e~^~~~ c crc;,g_r ~n .vrit~r.g of tFe a:re..~t d~e ar.d payable hereundrr and svch sum shail thereupon be due and ~
e
+ti_ ^.r d:,~~ o% r=.~ o~r~ ;•,:~y~ =n+ a~;d each wuess~:e ~:or:th rnerea;tsr ur.til mortgagee shall r.orify mortgagor of a change in such
5•_c~~ s, ns s^~ :!;e :pF ~rd c; _,;,r•go;-c re+.a•d t!:e payment of rraf p.opert~ raxes, i~surance prem.ums, a~.d morrgage guaranty insurance ~
s.
i'i :JITNESS :~HcREOF, t=e sad f.'~ORiGr-C,t;FI has h_re~•~to set h~s hand and :ral the day and year first a~oresaid.
; Signed, Sealed and deiivered in the presence of: .f;~j~E[1.~~j~;.N~~~~ , ,J ~
i ~`Y.:I:ULi~ JO.U~tfid' • ~
. lC.all
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i Rn&:F F~~T~ L u ene . i n r, a si g1e
! ~_-1~~38.~!- - - CIERK :.".GU ~ ' ~x=s~ibdult
~ tT .Qq~
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` OF FIORlDA
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~ ~:~r oF - .~~~I~vcie----- ~
E Before me peisonai~y ap~eered _ EU_~It@_ H. Liqhtner
"
: - '-'--'~i~wifsr to me well known and known to me to be
• -d,v;d~a' dc;c-':ced in and v.ho exew!ed th~_ foregoing instrumenl, and acknow:edged before me that ~e executed the same fw the purposes
e n er.presS~d. And-t1~rleid~_~_~_~_~_~_~
; ~:~r.~*..~.}-__~~~~~~~_~_~~~~~~~~~~_~~~~~~~~~~~~~~~~~~~~~~~~~~~~_~_~~~=z .
~aD~Y1larY[~~fWif~ S
~....~~e~.br~-M11CT'S!F4~Tl!ClTd~dFSff'F?O!rrYP?fTdR~'F1Glt7s~~~107?iedged~io-entitbrhm.~-n~rfAa~ihr~.+~e~efe~Yra~d~n+smm2nrfreelYand~olon- ;
_ ~....ar.lWSJieut~y.u~a;..~:sicra..~u?~~sva.rti.~.P~dwns:~rvr-tex-ofor.f~ow?i+e~~a:d.iwsiand ~
~ '.'~ITr~:SS r~~~d ar~ ofi~dal seal th~s 215t - day ~r March A, p. 1975
3 ~
- ~
Norary Public ' end or the State of fbride af larq i
. My Comm~ss~ explres: 7-22-77 ~~i,t~~i'i;~
~ Rec~r.n io: t'~;• -.+d:.
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~ ~ zt Federal Sa.;::gs d Loan Assoc~at or - ' 1"
: Ur t F : rc•~ :t ti ~ y~;~~.- ! ~ ~
. }1 1. ~ }y~f~'
f`"~? yy (
s F,rt Pier; _ F:_ c:a V~ ~ ~y i
- .Y ~7~~.. ;
y' This Instrument Pre ared ar F. EllMOOd '•°~b ~
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' F~rst Federal Savings & loan Association ~~~:N~,•''~'
~ .
of Fort Pierce Plorida
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` - ° R ~`37 ~~2731 ~:,.,,,~,..,,.,;<< ;
4 =nzcked $OOK ~
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