HomeMy WebLinkAbout0112 3_ To p.ace and c~nt~nuo~s~y L«p w~ tha b~::.L~~~s ro+r or h~reaiter •~i„are on sa~.f land and on all equ~pu~eM and personally covered by thit mo+tg-
ege, wi~h all premiums thereon pa~d in lu:l, t~rr ins•~r.,~~:~ ;n the .,i.:ai siande~J N~'rcy iorm, in a sum appro+ed by the MORIGAGEE, and windsrorm
msuran~Q in ~he usual srandard pol;cy fonn, In a sum ~pHroved by ihe MOkTG~GFE, in such company or ccmpan;es as tha M02TGAGEE may
dueU; and all lire and w.nJs~orm insurance poLc~es on a~~y o) sa~d iwrd~nys, any ~nterest therein or par~ Ihereoi, in Ihe aggregste tum aiaesaid a
in ezcrss thereoi, i~atl :ontsin the ~sual st.;~ida~d mnnyngee ctause or s~:h other c~a~se as ?he Mortgayee may requ~ro, makinq Ihe. ioss under ~a~d poli-
c~rs, each and cvery, payabin to said A1VRivALtE as .is int~nst ~n~y a~:pear, an:i each and e~•ery s~ch po!icy SF~atl be promplly ass gned ard deGvered to
any held by said MORIGAGEE as fu~th~r aecurit~ ~o sa~d n ort~oge duot, a~~d, not :ess tl:an ien (i0) da~s in ad+ance oi 1he expira~ion of each policy, Io dr
Gver to said MORTGAGfE a renewal ~he~eof, ux~e~he. •.•.~fh a rece~pt for the pra~,~fum uf svch renewaf; and ~here shall be n0 fire or win:lsto~m inwrance
pleced on any o( said bviid~ngs, any imerett thcre~n or part tf2(C'Of, un:rss in ~he fcr~n and vc;th ~he loss payable as aforesa~d; and in the eyrnt any sum
of money becomes pav3bie vnder wch po~icy or poi.cies se~d N~OkiGAGEE inall have inr opt~on to receive and appty the same on ncco~nt o1 the indabted- '
ness sacured h2'eby or to pemiit se:d thORiGAGORS to cet.rive and uie it ot amr E:,:~t tha;tof t,r otnr+ purE osrs, wano~t th;r.u; .vai:~:~~ or m~~a~r-
ing any equity, fe~ or right under or by vi:tue of thia morgage; and in the event sa:d MO~ZiGAGORS ihafl for any reason faif to keep the aa~d prem~srs so
~nsured, or fail to deii~cr p~omp~ly any of s.~id Ho~~c,es uf inwra,~ce to sa•d 6102TGAGLE, o~ fa~I p:omptly to pay fuUy any pren,i~m therefor or in a~y
respect fait to perform, d!scharqe, execute. e{feU, canp:ete, cou,~!y with and a:~~de by this'ceve~ant, w any par~ hr~eat, :aid MORTGAGEE may plate ana
F~ay fw such insurance or any pa~~ thereof w~~ho~t waiving or affzcting any opnon, i~en, e<u~ty, or riyhl under pr by virt~e of th~s Mortgage, and the
- f~, II a~no~nt of ea,h at~d every si.ch Nayment sha:: be ~,~med~aieiy dve ond ~y.+6!e a:.d shail bear interest fro~n, tha date therco! until poid at the ra?e of
e p°r tent~m ~er annu~n and •o~,ti:~r ..nh s~~c!~ in:er~.i• sh.~i' s::.,!r;i hy the fen o1 this mortgage.
6. io permit, Co:nmi! w a~f`er no waate, i:npsinnen~ ot det~rioration of aa~d proE.e~ty O~ any pert thereof. ,
S. To pay all ,~nd sing~~ljr the costs, charges and ex~;er.sas, ~nd~uu~g a~easonai~'~ atrorney's fee and cos~s of abstraUS of title, incurred or paid at
+in.e by sa~d h'..:RT~AG;f, beia~se or :n rF.e ev_rt of tne fa~i~rc on tne p.,rt of the s.,:d MORiGAGOR to c1u'.y, prumplly and fu~ly perform, d~scnarge.
_._cvte, efiett, cwnplete, cat~F~!y v.~th .;nd ah:d~. hy e~.-h and every rhe st~p~ia~~ons, agreements. condis;o~s, and covenant; of said pro:n~sso.y no~e and ah~s
.~~•tgaye dny Or e~tner, and sa~d costs, charges ~nd ex{.e~sses.~ eacl~ a~~d every. shei! ~e im~r.ed~ately due and payable; whether q pot ther! be notiCe de
a~,d, attr~npt to co;:ect or auit ~xnJ~ng; ,nd che full ~~nou~i3 of ~a~h and t~ery wch poyrnent ahail bea• in~eresr from the date therrof ~ntil paid st the
r~,:~c oe+ can:,,•n ~cr ,.n; ei. ~,..d :.~srs, ci,.,•~~•s and ~x;:~•~ z_s ;~,cu:rrd or Fo~c±, roy..~thYr ~v~th such iroerest, shall be secured by the Ge~ of th~s
m or tg age. ~
6. Tha~ (al in thc eren` of any.br~•acfi of rnis ~Yortgage or d=iault on the p~~t o{ tfie ~!ORTGAGOR, or (b) in the evenl sny of sa:d sums of money
n~re~n refe~rrd to be ~o~ poon.psly and fu11y pa~d .•::th~n ih.rty i3'vf da;s ne~t a~r•.r ihe sa:ne se~era:ty become due and payable, wi~hout demand o? not~ce,
in the ever.t eacfi and e~ery ~he snpu-a~.ons, agreements. con~~;:ons and covenar,+t of sa.d promissory note and th~s mortgage any or eithe~ are nof
~;ro~rpr~y ar,d ~~E!y ;;~rr~r~;:<~d. u sci •.Kr;uf.~d, eiEccr~d co:::;,;~ra, ra•:: ~•~d :.ch r,r,d ai;~ Y y w.h event the sa~d ag
~'J- ded 5, thert in either or an
~a!e su•n rnent~oued ~n s~~d pro~+~~szo~~ nere tren rr~~.a~n~:tig ~,n;~a~d, ,v~th intrra,t acc~~rci, and a~l moneys sewred hereby, shall becorne due and pay-
_ c fenhw~rh, o~ +i~e ra!re~, at nc~ op~•.on ::i s~.d MORiGAGc~, as .'~'.',y ar~;i w•~~r:~~~:iy as ii a'1 of ~hF sa~d sums oi money wcre or~gi~a+ly sNpviated
pa,d on such ci.:y, ;~;;it:::,~ in ei Frc n>_~: y:.cie u; ir. this lA.i~:rgiga 1!~•, ~•ra~y noa.vi~hsrand:,,g; and thereupon w thereafter at the option of
E ~.tORivAGEf, v:~:t,~-;,! ~of cr o~ ~e~n~nc+, s: ~t at ia,n• ;,i in equrty, tn.~~ei;,re or tiJ. r•.~~ter beg~n, may be prosecuted as if all moneys setured hereby
~ •uawred pnot to Ai ~nshtvSCn.
7. That in ttiz ever.t ;h~s at tn~ beg;;:n:no cf or a~ any t:me cecding ani s~~~r on fL•is 1A^rry3ge, or to fpeclose it, or fo referm it, or to enforce
.-•_nt of any c.,~~„s h~•re~r d,rr. ss~d LtpR?Gi,:,iE shail a~.plv ro th.. Cc~•t f~.,..: ,3 S~i c,.c~, ~t:r..,oi for the apE;olntmenf of • Receiver, suth Court :hall
~•::~rh ar~.e~m a rrce~:er o! s:.d --._~•r;,~_;! ~;~a:-•r, a'1 and s~~:.~:,:ar. in:.~~fnq ..••~S s.;y~~a• r.•e ;ncome. Frufits, issues and ~evenues from what~ver
~:.:'~+ed. ~ a~~d _.~•ry „f ~f h, ,r t,e~r.g e~,~r~ss'y i~ndc•rwd, u ic c~ i. ~ j_d as ~t s~ec.ircally set fo~ih and Cescribed in ihe granting and
d;,m c'a,.~~es h~ ,r~ s~_c~+ R_,_~.ec sha.! h_ve e f tt~e n~..ad ard rf:ec t~• r.-;s ~~.d Fo,-.e~s in anyxlse enUUSted by a Co~rt to a Receivei, a~d
` n~poin~r,e~~t in,i: b~ c:~uc oy such ~c:.r• as ed~•~~~t.~~ cq.:~t~ and a r:,~++~,: <,,,;:_wt~ riqi~t to said MORTGAGEE, and without referente 1o the
~_:cy er ~r.adeq,;acy of t!:a ~~a:ur of vhe pro~;~•r~y rno~~y~aed or te ti~~• se,v~~u. ;r •,c..~ncy of sa:d MIORiGAGOR or ihe defendants, and that sueh
~ prol~ts, inCO~ne, isiu;:s a::d r,:•.c~n.c•s si.j~.? !x rp~;;~d hy su_h Rec~~~~.~•r o~....•~::.:; ~c ;F~._ ;.en or eqorty o1 sa~o MORTGAGEE and the pratGce of such
S. Te d~'~. p-.-.:r: r:y a•:a f:: Y He.`; ci~;.i:;~•:e, c.c:~•.•. c•fie:~. <o,r, ~:c~:e, r. , w~th a~id ao~Je b eath and ~
cns ar, , ~ Y every the stiputations, agreements, ~
^ J c~: rr~~~:3.i?S ~ . . ;::.~rn,ss~r~ r,~•~r .,~,d th.y :r~y.±3e Srt forth. ~
S
~'r.a+ ~ne e•:~~! t`~.- c,..•rst,:c ef pr~•,..:s-~s o~ a~; Fa~t tnr•~-of, tecomes vested 'en a person other than the MORiGAGOR, the ?
GE-, n~cccssc~s ~~c! ~ r_. o~,e ;.:j3-G~~~t. dea~ w~th, :~~~h successor or s~ccessor in iroerest with reference to Ihis '
~ogc• an~ ;~e deb~ s:rreby red~in •n. saa~ 3,.•~, as x:•h !..or!g:~nr v~•thcut in any way vih:ati~g Or d~scharg~ng the Mortgago~s' liabilify F~er~ ~
or ~pon the d_•t~i hereG; scc r.~~d. tJo sn a.: i ihE, r~.,,. +
aes hereby ~.,o:rguyed and no forbearance on the part of the MORiGAGEE or its successors :
. s n~.s ar.d exrennc~ et fi,._ rn.~ tne d.~b~ 1:~,~<•.: se:ur~~d given by the MOR7GAGEE or irs successors or ass~gns, ahall operate '
ease, d:schsg>, r-edify cha~q.. nr a'iect ti:e ~ ig::::~s t:a:~ ,.ty oI ±~e A'.:RTGAGOR herein, either in vvhole or in part.
of ~
i0. 1t i> s::z~c'[:;.: ecd u:3t r~ .,~r es~e~ ce o, tt.:s ce•>>ract ar,d that no waiver oS any ob~~gat~on hereunder or of the obSigation se-
~ h~.eby sco!. ar any r~r.e tc~re~••er r,_:c1 ~o b~' c•.:o~.er ~f r-,•~ rern~s ke:ecf o. of the instrumem sewred herby.
~ 1 (n ~.~i 1..... r:,_ > J . :~e: aruj i~ • r n
i r d by e prom sscry no~e secured h~reby mortgagor covenanis
'''~s r' ''v .•:O-'~ r. . r... s~•~. _s ~:f F,~ mortgagee to be eq~al to i 12 of ~4e an~uat cost of the follow-
A-A!1 reai ;rc,~.rt; ta..,, .an_c c• ,:sses;,J ,~„:s: :h._ aio;e ci~sc-:~vti r~ai esr~te.
. ~ ~ ,
5 Fr<r~:.,-s c:. 1,•., ~ _ n.,,;,.....~ to F.=. _ci c• •h~r i:nprovem._ots situate or. the at~ve described prem~ses.
' C Pre.. i.~..,s o:: ~v . r.-_ g.;.~- . t~. ~
:s t r; s^~.. tr„~- ~ arr-~o r„ne drem fit fo carry on the loan secured hereby.
j %,!ortyaqee sf ,~.r ~n r, =,P ,_f n,c r j~r ~ n~it~nq o~ the dve and payable hereund~r and such su:n shail thereupon be due and
~ , v, the du ~ • cT r~, y c~ s~_cczs~~~~ o-.~~ f' ai!~r ur,~~l mortoagee shall not~fy morfyagor of a change in such
; Sud~ so s s~~,. .,e 7::; ,n }ye, ^ tC..a.:f ~r,e E;asment of re~l pro:.err~ taxes, insurance prem,ums, and mortgage guaranty insurance
~ ,~,s
I'J 1'JIT"~e$S :'.~c=:OF. +~,c sa[ f~LO::Gi-vOi t~as hereu~ ro se! n~s h~~:d and s~~ai rhe day ar.d year first atoresaid.
i n
~ Slgned, Sea~ed anci de' ve~ed in the presence of: ~ / ~ ~
E ` 'I
, , ~ .,,L.~(-~/Z~/U / ./Z,c,a,,.,.-L
F . ~ - - ~alj
g j . ~i~~i. ~ _ L?~~~ ~ - - t~l ~ ~ _ (Seal
' -~-r-- _ - 'f a , i
~ - - - - - ~1 ~ {
_ Y i ~~an
# ~f~~Z!~?_!~ ! _ _ _ - - Clara V~ rr,mm. ~ (seaq
~
~ ' - OF ilORi~A ' . .
~ ,~:,Y o~ -S~~ ;-uGi~ i ss.
~ &:tore me aeno~afiy appeared W11bUY CillmlR and
~ ---~Zs~ld-_yi _ ~Y ~ mID _ - his wife, to me well known and known to me to be
~Jivid~afs dCSC~+L!~d in and •r,ho raecured the furegoing instrument, and acknow'edged before me that they executed the same for tF~e purposes
~ ~.,.n expressed. And- fFP s~.~ - - _ Cla'~Z8 V• r111IIA1 _ -
- of the sa~a _ wilbur R~ Grimm vpon a seperate and private
~ -•~ar:on by me ta4_n separat~ and .~part frcm her said h~stand, acknowledged to and before me that she eaecuted said insn~ment freely and vofun-
: and w:thovr any coT~p~~;s,on, cpnstra~nt, tpprehens~o~, or fear of o: from her said husband. ~
s
~ V:fT~~EjS rny hand ar,d cif;c~a! sea! th s ---!~-J'~'-~--- day of _ March A. D. 19 75
fILEO A~t;; KECURDEO ~
~ .
~ sf•~~ri~E 'v~UNTY-f~~-- Notary Pubtic in and for th te of fbrida at Large
; ROGER FG~tR~S
ker,;rn ;o: EF.K C~=:C'JIT vOURT ~Y Comm~ssion expires:
RfC~?; :1
;-st Fed~rat Sa.~:~~s 8 loan Au::c;at.on - t~
; o: F.,~.. Ars I 9 iz ~M'75 ~
~Fort P:~~,c•, Fi;r~di A~ ~it' NO~/~r /116~C. f1'YN /~I~ d~I,N
~ µr CenNntut.e ~:~rM Oe?. ~o, tt~~
~ 3Q49~~ boodsd by Am~rlwn Rn ~ Cauwltr 4.
~
~ This Instrument Prepared By Wi11~2?ID J. Forbes `
~ ~~rst Federal Savings & loan Association 1-'~ = ; ~ i
; of Fort Pierce ~ F1c~oC ida 33450 +-r t ~
.
~ Checked By p{~ 'r~ . ~
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~ 600K ~J~ ~ • G . , .
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