HomeMy WebLinkAbout0253 3. To plate end continuously kerp on the bvi'dinga now or hv~eafte~ situats on aa~d ~and and on all equip+nent and perscn~lly core~ed by this mat~
ege, w~th a!1 prem~ums thrreon pa~d in lull, lue insuran;e ~n ihe ~s~al ata~xia+d y,ol;ty tunn, i~ a sum appro~~d b~ fhe MORiGAGEE, and windsto~m
~nsurance in ~ha uiual iianJard po6cy form, in a sum approved by ~he MOk1GAGtE, in such company or compen~as at ~h~ MORiGAGEE may
d~rett; end all liro and w~nJsto~m iniwance poL;ies on ~ny of ta+d buiid.~gs, any intarett Ihzrein or parl thr;eof, i~ the a{)g~n9ale wm ~fwesaid or
in exce~s thrreof, shatl :uniam the us~~al itandard mongagee cia~~e or wch o~he~ ua~se as ~he ASatga9ea may requ:ro, mak~ng the ~oss u~Jer amd poli-
c~es, eath and every, payab!e ~o sa~d ~~JRTGAGEE as ns im~~rait ruey appeer, and ~•ach and every tuch po:~ty st,ail br prornutly ass gr,cd a~.d dri~vered ~o
any held by seid ~:10RfGAGEE ss further security to ~aiJ n~o:tgage drbt, and, not less than ten (l0j dais ir, ad~ance o( the ex,~~ro~ion of each poGCy, to da
l,ver ro said ~titORiGAGEE a ~e,~ewal thr~enf, togeiher wirh a rece~pt lor tfie pre:~,ium of such renewaF, and ti~rre shall be no fire o~ wlnda~o~m insurance ~
placed on any of sa~d bvild~ngs, any interest ~here~n w par~ therrof, unicss in fbe fonn and w~th the loss payable as a{acsa~d; and in ~he e.ent any sum
ot money becon,ea payable under such poficy w pol~cies said MORTGAGEE sfiali have ~Ae opt~on Io receive and apply the sarne on accoum of ~he indebted-
niss teturtd h2reby Or to pe~~nit said N10RTGRGOR$ to reCeive and ut! it w 3riy f,;,rt tn.:r.•of fc~r o:n~•r }~ur~ctrs, .v~~ho~1 th_r.ur ..~~.i•+7 0~ inipoir-
~~~g any equ~ty,, lien w right under or by virtue of this mo:'gage; and in the event sald MpRiGAGORS shatl for any reason faif to kcep the sa~d premises so
u,sured, or fail ro de!i~e~ promptly any of s.+~d poi:c~es oi imwa~ce to sald MORTGAGEE, or fa~! piomptly to pay f~lly any p~e~nium therefor or in any
rr+pect fail to perEorm, d~scharge, e:ecute, effect, compierr, co~nply with and ab~de by th~s covenaN, or any part hareof, said MGRTGAGfE may place and
;~~y for such ~nsurance o~ any ~~a~f thereof w~tho~t vvaiving w afiec~ing any opt~on, iirn, equ~ty, or n~ht undr~ w by vir~ue of this Mortgage, and the ,
h amount o( each and e+ery suth payment shail be ~mmedeetcly d~e and payable and sha:l beai inier~s~ from the date Ihereof un~il pa~d at the rate o1 ~
c• pet ceotum per ann~m a~iA ro3:•the~ ~e~th wth i~itc~oat sha!i b~ secored bp the ~~en ol this mo~tgage.
~1. To permit, tomrn~t or suffer no araste, impa~rment cr drteriurat~oai of sa~d propcrry w any part ~hertof,
5. To-Qay all a~d s~ngular the costs, charges and expenses. includmg a reesonabte anorney's (ee and ccsts of abstrads of tiHe, incurred or paid at
f~~.e by so~d MORTGAGEE, tecause or in ~he even! of tne (a,iure o~ ti~e pa~t of the sa~d h10RiGAGOR to duly, promp~iy and fvliy perform, d~sc~arge,
.rwte, effec~, compiete, canply w~tl, and ab:de by each and e,~•ery the :~~pv~at•ons, agrcemems, cond~tions, and covenanb of aa~d prom~ssory nofe and thii
~~rrgagz any or eiiher, and sa:d cos~s, cha~ges zr.d expenses, each end ev~ry, sha~l t~e im~nad~atrty d~e a~d payab!e; whether or not there be notl~e do-
~::nd, attempt to co~fed o: suit pand:ng; and the fwt amo~nt oi each anJ every wch paymenl shail bear interest from the date thereot until paid al the
of n:r.e per ~fn,~rri F.e• an~wm; a~~r. a~: s~~u c. sis, ci.a:3rs d~~ei s.~;.~•::s.: ~:u~:red or pa~d, tayether w~th such in~erest, shall be secured by the lien of this
~ • r~age.
6. That (a) in the even+ of any breach of this V!ortgage or de'evlt on tlw p.rt ef the MOR?GAGOR, w(b) in the evero any oi sa:d sums of money
hrre~n +eferred ~o be not,pro~:.ptly and fu~ly paid ~vifhin th,:ty (3J; days ~ext ar~e+ the sa,ne seJera'iy become due and payabte, without demand or r.otice,
cr .c? in the e+ent each and eve~y ~he anpu:at~ons, dgte@ment3, Cor.~it~0•~S and covenants of sa d promisso~y note and !h~s mortgage a~y or either are not
?,'y, prorr.ptiy and i;,!:y ~.~e~fu~r.:c;i, d,s:l~aryc•d, etie:~red, effect_d. co~o}:•leted, co~ij:,,eti vJ~h ar,d a.~. detJ 5y, then in either er any su:h event the sa~d ag-
:3a!e sum mentio~~ed in seid pronussory nut.- titan re~~:ami;:g unpa~d, vv•th ~nter~,t ac.rued, and a:f mo~eys secured hereby, shall become due and pay
.!orthw~rh, or rh:ree!ter, at the o~•:.•~ of ss~d A102iGAG~', as `~riy and co~7,,;:e~e!y as ii a:i oi the so~d sums of money were or~ginaily stipulated
~ n~+.d a~ svch .9~y. >nyth~e~ in s., d~::c.~,•ssory no+•_ or in ~hfs ti'~~tga.~_• ro the cornrary netavirhstarid~ng; and thereupon or fhereafrer si the opt~on of
~ f:tpRTGAGFE. wiri.o~t ro+~ce o~ d~~r.and, sd~t at +aw or ui eq~~ty, th:~;e'ore o• thc•~eatter beyvn, may be proset~ted as if all moneys secured Aereby
marured pnor to ~Ti inatit~t~on.
7. Thar in fhe event ihat af rhe t;ey;nn ng ~f or a~ any ~~~ne ;,r~ed:~:g a~~y su~r ~~;~.;n ~his Morr~age, o. to foreclose it, or to reform it, or to enforee
.~,~nt of any c'a~ms hereuod•~-, s~~d htURTir~G:~ sE~a:l aup~y to tn•, Co:.~t h,r~: g ~,;•~sd.ct~.ii fi~e~eof for the appointment of a Receiver, such Court shafl
~ ~..~~h a~:~x.~nt a.~-:e~:er of sc~d ~-,o•rg,yed urc;'_:tr a;l a:~d s~~:yv:a~, t: ci~J ~~g ...~~d i.•~~u:ar ri e~ccome, p+ofits, iswes and reve~ues from whatever
. ::lcr~:ed, e~r.~ and eve~y o( w!~ch, C••~~~g .•.,~:ressty .,ndersiccJ, is F.f'tJ/ ~~:;;:~g.~9ed as ~f s~xc~frcoUy set forth and desuibed in the granring and
r:~dum r.aUSes herc•o!, en~ wch Recr::er shali ha.rc a!t ;he u•oad and etiec•iv~ fur c' o:3s :+~d powers ~n anywise entrusted by a Cour1 to a Receiver, and
~pp~in!n-ent s~,~;t bc r,.r;le bv suct, Court as ar ad~~,:tred cqu~ty a~:d a n,actc~ of rb+a~tr nght ro said MORTGAGEE, and wiihovl reference to the .
a: ~:y cr inada:,~ac~ of tlie vaiue of the p~opriry rr,or~gaged or to !he se.v^ncy e. .~,;a.ency of sa~d MORiGAGOR or the defendants, and lhat such
,,,roiis:, income, iswes and revrrues sh,~i! be ap;,~~ed by sv:h Recri.er .-cor~f~„~ to the lien or eq~ity of said MORTGAGEE a~d the prac?ice of such
..rt.
8. To d~'v, Fro~:~F t;y a~d fu~!y perfo+rn, d:s-narge, exe,u~e, effect, comple!e, <n~::p~~r w;th and ab~de by each and every the stipu{ations, agreements,
:i;r~ons ar.d c.~+ef~a~ns ~r. s~~:i pre~r,~sscrf r~erP and sh[s mortguge set fo;th.
9. T%:;t in the r~e`r.t 'F~e :v.nersh~E; of tl:~ mo•tgaged premis-~s, o~ any part thcrref, 6ecomes vested in a person other ihan the MORTGAGOR, the
. =?,~AGE,?, ~•s ;_cces~;:r: an;1 ~s_ :r,s .+;~h.:,- r:o}~cr to rr:~ 1.tOR:L:.pR, dea; ,.~th s~~ch s~ccessor or successor in interest with reference to this
~:j.ge acd t~c d..~! !,_~rei;y s, _:;~ed ,r, v.r ;c- c n: n,~r as rnth !..::r~.,gor wrthout in any way vit:ating or d~scha~ging the lAortgagors' liability here-
;.r o: u::on r},o d~-i~t t~•r._~. s._ f:-, e, - c,f e F.,.:,is~~s h~:r:y -::ortu~ged a~ ci no {crbea~ance on the part of thr IAORTG.4GEE or its sutcesson
;~,s a:~d c,~ers~on ci •h~ in.• f„y ~~r~t of the dc:n t,.~.•rcy sec•~ied g:.en by the MORTGAGEE er :ts successws or assigna, ahail operate
_ ,:~sc, dscharge. ~cod~fy c~~a-.3r w a~~ec: ~i.e c;r1g~~~a! ;i.,L.:.T~ of rhe t.'OniGAGOk tierein, eisnet in whole or in parf.
10. It ;s sped~~criry ag•eed ~ha+ r~,,,e is oi r: e rssen:a of rF,.s conrract and rt,at no wairer of any obligarion hereunder w of the obligation se-
•_d h~reby sha;: a~ any h-;e fi~crea1~er be n~;'d tc b~ a wo~r~r of the !erms hereof or oF the instrument secwed herby.
I t Ir. .-i_i,t:. t-,c rr•.._~~ .-:_i•.•~: ,,;y..,..nts o.` ;:a~ and ~.~._r,ir .e~y:,•;^_d by the prom;sscry no!e sec~+ed hereb~, morigagor tovenaNs
,•ees to pay ~*~orr~ ~;;-~e n,~*h e.~: h r . f+, ,_-~s an ;~_+:i,~;o~,a~ s~m .;•^d F.~r mortgagee so be egual to 1' 12 of the an~iual cost of the folbw-
. A-Ai~ real proFert~r 'a.~~s c. o,s••ss=~i ~.s~ r... od~,v., deu•,hr;d r~.ai es~,,to. .
5 Fr.~ ;.s or. fr,•~ and v:~ndsw:r. .r.s~:r_,i.~2 a, n.~e~n r~~qv;~ed ro be ca,~~cci o~~ tir: ~m~;rovemz~ts s:tuate on the above d=scribed premises. .
C-Fre r s on ,~•.h ~~.:r.ig :3,,.+r ~r as m~-;gag<.e sh31i fro.~ r...e ~o t[,ne deem tit to carry on the loan secured herebY-
'J!e:r~,y~•e s~- j:-n .e ~o n-.~-r,.,gor ,Nr;rng cf fhe ar. c~nt du~ and payable hereundar and such sum shalt therevpon be due and
i
` r on !he ci~r ci~•r ei th~ r•,.! s~ : ~.r.,~ ~~-u a~.d e,ci~ s~ccess~ve ^~n~~i1- tnrrc~afr~r u+:ti! mcrtgagee shatl not~fy mortgagor of a change in such
Suc~: s~~ns s'~n:f be aFp:+ed c,i r.:~:rgjy 7c_~a:d tt:e ;:a,~c~ent ef reai pro~;r:~y taxes, insurance prem.ums, a~~d mwtgage guaranty insurance
~ ,~is.
~ IN ':1F JE -1.'H:R- F, t s~icl N,ORiGF ,Jrt has i,ere~nto set h~s h~~.d ar.d s~•~i the day and year first aforesaid.
/ ~
Si a a. e~i ed in t pre nce of: ~ „ ?
; ~ - c'YY`a.~, ~C~-~~'--=ri~--
" - - !Seal)
~ ; _ _ Theodore R . Robinson ~~e~~
' ' ~ _ ~v f_:. ~-'..tT.i. (Seal)
: - - - - - .
~ - Ariy Robinson ~s~aq
~ ~ ~ CF fLORIDA ~
u.
;'.'Y OF _ - _ SL . _ I. t1C 1C _ 1 .
Before me peisona!~y aapeared Tf1BOC~~rfcE R. RobinsQn and
_ /~r13/a RS?~I1S4IL-_,_ his wife, to me well known and known to me to be
;-~d;viduats descnbed in and who eaec~ted the forego:ng i~strument, and acknowtedged before. me that they ezecuted the same for the purposes
• ~e;n ezpressed. And !he sa~a________ Ariya Robinson
~ ; e c6 the sa~a Theodore R. Robinson upon a separate and private
-'^a~,on by me t3kCn separate and vnart from her said husband, acknowledged to ar.d before me fhat she eaecuted said instrumem freely and volun-
i ar~d w~!hout any compv;s~on, constraint, apprehension, w fear oi or fiom her said usband.
~ 'NITNESS my hand a~d official seal th~: ___~,C~~_ daY o~ ~ A. D. 19 ai
~ s
~ . F1 LEU A!tfl .
;a ~1•~(JCIE V~~.~F~A Notary Publi in ~ for the State of Florida at large
~ RC~Eh r~~:TRA$ My Comm~ ~on expires:
r Return To: Q~EQK ~~;~~VIj CQURT Norory Pvblk, 51aM of Florido ot~large
~ •st federal Sa•~ngs 3 toa~ Asso.~~t,on R~COk~'1 ~/('s>;r~~p My Commission Ezpires Juty 2?, 1977
ti Gf fo:t G erc_ dpndud br Ame~ican Fire b Cas~alty Go.
~ Fo., `,..<<, F:~:~~~ Ara I 3 4s PM'T5
~ . ~~~~9 . ,
~ .
This Instrument Prepared By Gary F. Ellwood .
~ First Federal Savings 8~ Lc~n Associetion ' - ci ,
~ of Fort Pierce , Floiida - - _ '
~ ~Q 'J • ~ ` . . ~J
~ Chacked BY p
~
•~p '
BODK~~J~ PA~;F `y, -
_ ~~,,,,~~i.~r~~~~~ .
. ~6
- - - -
s w . - ~r: _
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