HomeMy WebLinkAbout0547 3. To place ond cum~noo~sty ke•~p on tt:u b.,~'d~ngn eon cr i,r.rraher situ.,ie on io:c! iand and on aG eq~i;.n:rnl and personaNy covercd by this mortg-
eqe. w;ih elt prc;n~wns thrreon p.a:d ~n }ull, t,ru m~:,ia:~c_ ~i~ thc us~ol stondaid ~ u~iCy iont~, in a s~m a~.yru.cd by the MOR',G:+GiE. ar~d w~ndstu~m
;ns.,rance in ihe vsual s~3~~ilard poi,cy fnrm, in a;um approvrd 6y the MJRiGAGEE, in such comyany or co~»~an~as aa the N.ORTGAGEE may
d ieU; and all }ue and w~nds~orin :nsurana~ pohc~rs o~~ any of s3~d twdd:nys, any inrerrsl ~herein ur part t~e~eof, in the agqregatQ sum aforesaid or
i~ excess thrreoF, s%~all :ont.i~n t~:e ~:w~ sr~•~;Ja~d mortysgee Uause a~ such oil~er c~.~se as the hlcrtgsyee may ~ey~.rs, mali~~g the ~osf u~~d-r sa~J poli-
r~rs, eath and rvery. pr,;,;.~'r to sa~d .~~JRT~;AG!c es ~'s ,~~f~r:af r~.r~• a~~F:ear, and ~a~h .,nd every s~ch p~~:~ s1~,1! br p~ompfly aii jn~(/ a~d d~{~vared ~o
;n~ hrlJ by sa~d t.IORtG4:;EE as fu~thcr v:i~rhy ro sa~d mor~g,gn d~ot, and, not 'ess v~ran ten (10; days in ad.~.~~ce cf th~ expua~~on of cach puLcy, ~o de-
~:.rr to satd A10Rtr,nGEE a rero,v~! ther:~o1, tegc•~her v:ith a recr:pt 1or th~ pr~•.~~vn~ of such r~~newa'; a~+d thrre shall ba no fare ur w~~~Jstunn insu~ante
p~nceJ on any of aa~d b~udmgs. any inte+est ?herr~n or pa~~ rhe~.-uf, u:~.rss ~h~ ~o,~n ond ~~~~h the {o~s {-~yable as afcresaid; ond in ihe e~enf any sum `
of money becomzs payablr snder s~ch s,o:icy o~ ~.ol~c;es s~~d MORTG:.GEt she~l i~a~e ~na opt~on to rrcr~ve and ap; ty th> sana o~ acco~nt ol the indabtrd
r~ess secured h~rcby or ta ~;e~~nit s~ld 1,.vRTGAGORS ~o rece~vat ar:d ~S@ ii or an~ t:.,•t t~.:::~uf f;;r o•n..• ~:e~~.~.:srs. ~~.~ti,.~„t th~..,.; :-r rn~..~r-
~ng any equ~ty, lien or -i~'.t undrr or by v~rtua of Ih~s m;,ctga~e; ar,d in the ev..nt sa'd 1.1~81(~AGORS sh.,!! .`or any reason fail to k~ep thc said p~Em~s_s so
~~s:,red. or (ail t~, d~i..rr pro:~~Ntly any of s,~~d E.oLC:..s of ~ns•~ra•:ce to sa:d ~lGR1GAGCE. o. i~:l pronq;ri~ to pay fu~ty any prem;~:n the:elor or in a~Y
res; eU f~il ro perfo~m, J:s~l~.xqe, exr~~~~ es~~:t, cc~,,~,r•r. cc.r+,!~ x~rh end ob;d~ by tlus cove.+a~~t, or any pvt hereof. said MC•Ri',:~:GEE may place a:,d
;.n: (or s:,ch insur.,nce cr any ~:~•t th._:reF .v,rh~ut ,~~~vir~g o: a!}e~ti~~g any optic..,, ii<n. eq~ny, or ~~~ht undar or by v~riue of th]s hlortg+ye. ar,d the
! a~ncuN of rach a,:d e.er; s.ch F~.;y•r:,•nt si~i!' 6~• ~..~~-.cd~a~ri d,,e ard Fai:~L~e a•.d sha:i b:ar ir.~erctr irone ~ha d~te thereof ~n:til p~~d at the rate o1 ,
. ~ ~•r c~r.~u~i per a:.•~~.. ..:1 ~r ~ ~ r ..;!h ~.i „ar sn-,~ , s~•:..: •d i ; ~h..~ '..,n o1 th;s n~orty,9~.,
d. io per:nit, cuinmit or su~fer co wai!r, in~~pl:r~~.ent or .:ri.~r:o:at~cn u} sc~irJ ;.ri,~.~~rty o? any part thereof.
S. ?o p?y all and s~ng~!ar the costa, charges ar.d ea,^.e~~srs, ~n,!uci~~,g e r. ase„ai~~e at!orney's fee and cc.ats oi abstrads of ti~ie, incurred or paid at
• :•:,e by s~d ,1`i~RiG~1'~.`.F, necausr or in m:~ ever,i u( ~r.e fa lu;~~ o~ +:~r p_rr of the ,<:.d A'~7RTGdGOR to duty, prorptly and futly pe.torm, d~seharge
.,.,!e, efiect, cc:n~F.!_te, ce^~fy vr~t1: and a1:.ci~• i;y e~c~ a~:d rvery rhr >t:pu~o~.o~.;. .ig~c•_"~en+s, condit~ons, and covenants of sa~d prcm~ssory note a~~d this
r a,ge any or enh~., a• d s:+ d cos!s. cnaryes d ex~. nses. e~ci~ •,~~d eve~y, ~ha:: be i~~.-~:rd~.~tel~; due and payab!e; whether or r.ot there be not~~e d~
.1, ,;tte~npT to co.~ru or au~t p~~~.~i.~~~g; a~~d ~he tuil an-~ounr ~4 eaci~ and e~e~~ such p9yn:rnl sh~~~ bea. ,nt~rest from the date thereof un~il pa~d at the
?cr c_. a.,~. „ d~. a•s cn.i ~cs .+•.cd . a;.,a s~nc~•red or ~._~;J. ~c.g~ti~er ~v~th wch interest, ahall be Setured by the uen of thie
_ -t, agc. "
e. Ihat ;a` in tti~ ev.•n~ ei .~ny br~.~cn ei tb~s N,orr: e or. d--~au:r en ~i . ~rt : i t!:e h~.OR1Gi.GUD, "h1 in th y d suma of money
J~9 ° F- t e event an of sa:
n retened to be not pron ;.riy'a~ d!.;:ir ;;a~d v.~ai,~,ti ti,:r•y ~3~i ci..;s n~~~! a•~er rt~e a~ ne sr+era :y become due and payable, without demand o? netice.
. ~n ~ha e.en; ~~aih a~d ev~~.; ~f~e s!:~~u'.a!~ens, ag~eer.,.r.+s. co• cl~t~.~^. anci ca:enarvs ot sa.d pro~n~,sc,ry note and th~a mortgage any o~ e~ther are not
•o~:;;!ly .~::t .y i•.~.,:~•,,,,;.I, c, ._'~a~•~..,~ _t~•:.±~~d. e..:.cr~:~, co ~s°r'•.,l. _e,,,,....d ..ri~ a~.d J~d `,y. then in e,ther or a;~y svch event the sa;d ag
r wT, ir.r`J o~ s~.d ;;ro,-.;so•. n~;; ri,an ~~a~,,;.,g ~n+.o :f. ...ci~ ~;,~~~e.~ ~d. and ~~i mcr.,,ys secured hereby. shatl become due and pay.
. frrth~v~!fl, _.~_ar.'.:t, de •t;,. Co• L S~,ti ~(J1?:~:~'v:E. ~5 7u ~y a:~.~i cJnl:..e}•~ y.~5 i{ 3il O~ Ih: S..aid SumS Of mOitEy wl•rf O/!Cjind:ly St~pu~dl@d
' c~.d o„ s~xh .;~h.~.:~ >„y n;.e cr fr:is :`~.:rg~3.. tu t'r-,•, cc,:~~,,,.~ ~1Gt::~t}1Std~'.:ul~; and there~pon or therea}ter at the ophon of
:".:_)4iGAGEE, v-~ .~;r' r ,,,n ar or u~ ey..nr, "~~•_~ic~e or ~t.nrot~c~ bcyvn, may be prosecuted as if ail moneys setwed hereby
' . .~fl~'r_'(~ L`fi~~f 1'v .'S 1'~511'.~!::~'1
7. ;~..at in 1~•.e ev~~ r~:,• is r:,._. cr aT ~ny . _~.u.~~.g an: s~~~t ~~.:;,on 1!.:s P!.ort9age, or to 1otK:oie it, o? t0 ~eform if, Gr to fnforc!
~ .
,t o! a•tv c•- i~.~ d r ~a s~..,, C r h•.:~ g.. . ci c• c., ~~,_c~of fur tiie appointment of a Rece~ver, :uch Covrt shall
r . .,t o .i'c.. ~:y ....:1 _ r:~ .f.~. d.ta 1 ;~d.'. 3~~_I~~~.ar ti~~2 i^CC~n
• - , •'y g e, profr.s, issues ard rrvenues from whatever
~.:d, _ f :y ~ ,~,.~ss , ,~,~:.,;r~e,:. ~s . ..:e., . _ . ,_ci .:s :f s;>ecli~coi!y sFt fo~~h ar.d desuibed in the graming and
. J~m ce: s~. ~.....o~, .,~,a s ~ R~.••,.r ~;:~h.,..z a:: ~h•, b•oa~ a i<~iec .-_~r,:! ~.o:.e•s in anywne er.trusted by a Court to a Receiver, and
p~,n•r.•c.:~ sn.~: n.,d• bv s_ch C~.,,r~ as i~ aci:~~:~rd c-q~.:•f >,:~ri a rra!r.,: . _[:.;r_ r.gh~ tc sad M,ORTGAGEE. and without reference to the
.y o• ICdI~eQJ3i. Jf tF•, va.vr cf ''•r: ~:n;~.erty rn~rs~oaed or t;: n~- s.~ .,r.cT ef sa~d l1lORfGAGOR w the defendants, and that s~ch
Hroi~~s, ir.c-~e-r, ~s,;~z ~:~~s rr.c::~es sh~: oe apF.~~ed trr w.i~ k_t~_~m~ ....~:!r_i. ~ r~ ~c~_ I~en or rq~~ty of said MORTGAGfE and ~he practite of such
3. To d., y~-; _~;d (~,:~f ~-e•~;;..,,, i;;cr,a•g.~. ~~xrc~r.~. eif~-!, co,~.p;e+. r..;fh and abtde by ea:h and every the sti,~ulationt, agreemeMS.
. . _ns ar,d c~.:`n~~~!s .n :;r~:,~;ss~vr _ ..~d :r..s ..,;;t~~.3~ s..• ~c:+t~_
9. 7Fat r~~< ev•~ r~1:e . ~,f st _ r.,, ~g.,~.;~ c:r,~„ s.~s, r,,~ . ;rt t~.~-~•:c% ~~,-o~ez ves~~ad in a persan other than the MORTGAGOR, the
, ~GiE. ~~s >_r.c~.;;o••. ..--u .;s- „ ~ _ : ~ _ ~ _ ~ )G d,, ,:,~h wccessor o+ succ~ssor ~n Interes~ w~th ref~renee ro this
,;c a. d :r 'ct i - c J , . . r , . _ ~ a~ ~ , ; _ ~;,t ,n y •.vay vit:ating o~ d scha~g~ng the PAert9agors" liability here-
v~~, ~ . _ . - -
, •r:- ~ ' • ; . t , _.d ' c t > c . < , ~ .c , . .,h:-_,•,d ard rw forLeara~,ce on the F:ar~ of the IAJRTIiAGEE or its successors
~ ~ - • ' " . ~ ~ . :-c~•~ ' n~fer~ b! me 1.1pRSGAG`.E or ~~s wccessors or ass'gns, a~~all operate
rrs • ~~.f, . , _ . _ . _ . . , u~ ~ _ /.'`_.RiG~•GON hercln, ei!ner in whole or in pari. ~
'p Ir ~ s c. :-a t+ r, t! <sse t+ ls cc• st ~,d fr,at no •Xa~ver of anv ob~lganon hereunder or of the obligation se-
a~:_reby sF~ i r.;.r c~ ~r rc t~: a..~ .o- c; t,~ ~._r~.~s i_.~•,i o~ of the irstrv:r.ent sec~red herby.
. . . • . . . , . ~ _ ' . . , . ~ : , . mii i. s. d by th~ prom-.sscry nG'~• ScCUred hereby, mortgagot mvenants
. ~ .:e~s to pa~ ...,o:r ~ c.~~ h ra:i~~. ~ . .~h~, ~ ~ ai~t ~ . , ,
_ _ •.~3 t.; rrtqage^ i~ Fn eq~al to 1. 12 0+ ti.e ann~a! cost o4 the follow-
1-n~ ran ~,•.ip-..~ ?lt:s ~~.i... Ur ies::..._i~ 0~~~.5t ti~. n,...r ci_: ~..•~'1 ~.,a~ C~.~ot.~.
' ~~..i' S ' ' . . . _ ..S t:._- . .'.~'.J. 'i t~~~ ~ , ~ ~ii.._fOV^_TC.115 S~}V3}C C~l ti1''
' a ~ „ : , ~ _ . . ~ . , ~ abovc dsscr~bed prem~ses.
- _ p, _ ~ . , . , . : - . s : . . . .°„'i ~ . , ef d~r•m i~t to carry on the loan secvred hereby.
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!~.,-i. c' - . . • , ~ _ • - r. , n t!:• _ „nr~ ~.,~abtc hereund.=r and svth Sum shi~l iherevpon be due dnd
o _i r._ , .:,~r ,r.d •_~.cr~ f:~ ~ ..;,t:r u~.t~l m~rtg~~ee sh~!I not~fy mortgagcr of a cF~ange in such
~ »^'s ~ ~ . , , • ~o:. ~-c t _ , _•nt of .rc,c,e~i; taxes, insurance pre~n.ur~s, a~~d rt:or age guaranty insurance
/
.:liT`:c~S '.r~{cFi.,~F. sa ~i t:.,~k.-G:,';.'~_ :.as n...e.. ;ro se• ~~s h,~:d ar.d s~~,i rhe day and yea~frfst aforesai
~ S;/gn~d. S aled ar;d de'/iv~e,red in the F,resrnct~ pf: ~
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~ Before me RO!~E'T Bai rd and
j?frsOnaJ•; 'r Pea~2d - - - 7--- -
~ PO11 Ann Ba1ZCl _ h~s wife, to me •«e!I known an~ i~nown to me to be
~ - - - - - - - - - - - -
d~lidua`:s dc~scr~i.~,i in and .n-ho extc„r„! the fo!eg~~~~g inztr~rnent, and ackno.tiledged before me that they executed thg'sbPri6 for ihe purposes
~ , Poll Ann Baird
~ . „ exF;,ess_d. P. th~ s-[d -Y---- . . , ,
F ~,f !h~ sd~~ Rog~r Bai rd_ ~ bpon v separate and private =
~ :+„n t,~ e~, f.. ~ s ~r~t a d a~ rt Frc n n~r sa~d husbar,d, ack~ro•Nledged to and before me that she executed said ' Mumerit freoly and volun- i
? a~:d r+'•f o~t a~y co-, ,,rs,c+n, ev~~stra,nt, a~pr~hens,o~, or fear of or from he a~d husband. ~ n
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~ fT t~JCtr ~;i~~bTY f~~ ;Jo y Publi 'n a.+d for the_State b ritla f rQe
3 ~l}r r %r,'T~e$ mm~ssion expires: ~
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This Ir.strument Prepared By fial Roberts, ,)r.
~ F;rst Federal Saving; & Loan Association '
; of Fort Pierce ~ ~lOri~~a 33450
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~
~ ,~cked By ~
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BOOK PACE
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