HomeMy WebLinkAbout0849 3. To ptece and continuously hrap on ihe L-uCd~n~s r:ow o~ h~rea°~er t•n,etc on sa~d !and and on ali eyuipmdnt and pcrsonally covereJ by this matg-
ega. W:tI1 all prenii~ms thrreon pa~d ~n fuli, t~r~ i+~s~.~a~:c~• ~n ~hc ~.s.,el sra~~i,rd ~..~~~cy fo:m, in a sum ayNroved by the MUR~ti~l'aEE, and wmd~torm
~nivran~e in tha ua~al s~~nJ~.d poLcy ~o~m, ~n a:um ~pp~oved by ihe MORiGAGfE, ~n tuch con~pany or canpanies as ~he MORTGAGEE rnay '
d+zc~; and all f~re ar.d w~nds~orm insu~arce poi~c~os on a~ey of ::;~d bui~d•+~ys, any int~reit therein or part thareof, in the agflrrgate sum afwesaid or
~r, excess the~eof, sholl :on~ain the uiu~l sia~~dard ~norry„gee c~ause or such o~t;e. c.+use as the Mortgayee may ~equ.ro, maAing tr,e ~oss unde~ sa~d po~i-
:!rs, each and cver~, pa~~b~e to sa~d NiJRIGAGEE as :ti ~n~cr~•st ~nay appear, o-~J ~sch .;nd every svch po';cy ~he~l oe promptly assg~,rd a~~d deG+ered tp
eny held by ea~d A10R(...4G~E as !w~hcr sct~rity to sa~d •~.o:t~aJe d~bt, a~~d, not less f~•an ten ;10) days in ad+e~ue oi the expira~~un o1 each po~~ty, to de•
l,var to said A10RTC,AGEE a renewal ~hereof, toge~her with a rcce~pt for tha pran~ium ut wch re~ea~.ai; and thrre shall Le no Gre o~ winds~o~m inwrsnte
pl~ced on any of sa~d bvild~ngs, any inrerest there~n w part rn-r~ec(, ~,~'ris in the fer~,~ and w~fh tne Ioss pay,,ble as aforesaid; a~d ~n the eYero any sum
of money becon•et p+Yab;e vnder ~uch policy or pnl~c~es s~.d MOkTGAGEE shall ha~e ~he opt~on to receive and apply ~ha same on att~un~ ot the indobted-
ness secwed he~eby or t.~ pe~~nit ~a~d N10RTGAGORS to rctrrve and u3e it w any parl tt:•_:eoi ioi c:n..r purroscs. ..,~no.:t tfi,•~u; •.v~ti.: ~7 ~~,~poi~-
~n~ any ~qu~ty, I[~n o~ ~~yht under or by virtva o( th+s mortgage; and in the eveM sa~d MORTGAGORS shall tor any reason fail lo kcep thc sa~J prrmises so
,ns~red, or fail to deh.~. p~~mpNy any o4 s~;J poi~c~es ol ~nsu~a~~ce to aa:d .4tiORfGAGtf, or i~~~l ~>:omptly to nay fv~ty any pre~n~~+n there~or or in a~y ~
respecl fait to perEo~m, dscharge, e.eccte, et~eu, co~np.e!a. cc~nply wi~h and ab~de 5y th~s c~ve~a,i1, or any pa~t hareof, Said MORTGAGEE may piace and ~
for wch insur.,nce or eny pa~t thereof witheu? waiv~ng or affectir.g any opt~on, Gen, equrty, or r:~ht undar or by virtue of this Alorig,~ge, and the '
~ -
~ amovnt Of ea.h and e:ery s~ch poi,n~~nt sha'I Fc ~~~-,mcdiarely dJe ai~d pay~h!e end shall tt•ar ir:terest irom tha date thcicof until p•„d a~ the rate o1 •
~er :entum ~er ai:n,~,, o-~ci r~.::; v.i'h ,.:h i;~;r~os~ sEii,. v•c..red Ly the I:en ot th~s mortga~e.
d, io pern ir, canmit ot sufier r~o waste, ~.~:pz~rr~rnt or dc+er~orat~:.n uf sa~d N:oHeriy or any pa~l thereof.
S. To pay oll and singvlar the cos's, charges ar~d e.pens~~s, mc~udu~g a reasor~at !e atro.ney's ice and conts o( a6shacts of ti7ie, incurred or paid at
; t~c.e by sa~~ 1,1~,f!GAG`E, because er in thc eveM of !1:~~ f~,i~re on ii~~~ ;:ert oi ~he sa~d MORTGAGOR to duiy, p~omptly and fully pe~fo~m, d~scharge.
.~cute, effect, c;mF:rre, co ~iply w~th a~~d ai~ tir by er ~n and e.ery fhe sr~p~'a±~cr.;, agrec~.~enn, cond~t~o~~s, and covenants of sa~d prom~ssory note a~:d this
•t~~yr any or e~it~~~, and s.~ d cests, cnerges and eap ensrs, each and every, sha~I be ie:med~ately due and payab~e; whe~her or not there be notice d~
aue~npt ~o co~~ect or su~t pend~ng; ond ~f.-_ full amou~~t of each .+r,d every svcn paymem sha~~ bear inrrrest from the date thereof until paid at the
~ n~ne per centu~n ~-ar o., ~,,.~i; _.u. s:+.d ce.s~s, ei,sges ~~•,d •_a;.~~:v_s nwarrd or No~d, loyether w~th s~ch mterest, shall be secured by the :~en Of th4S
v-~gage.
6. Thn~ ia~ in thi eveM of ar.y b•eacn of th~s Mu~tgage or de~aulf on tl,e ~:arr cf ihe MORTGAGOR, er ;bl in the event any o! said sums of money
t••rein refeir«d to be nor pro~npsty ard tvil~ Na~d w~riun ~h~rty i3?J cars ~~e,.t a~t•~r t!~c s~n~e se.eraiiy ~ecumr due and peyabte, wi~hout demand or notlce.
•.c in ikr event esch ar.d evrry ~nr sty:u'at~ons, a~rea~neMS cer:d;a~o ~s and covvnans of sa.d p~on~issory note and th~s mortgage anv pr e~ther are nol
~ c.conptly anJ tu~fy ';2.•~p•~ ._.tl. S_~:e'J,•7 erec.,r~d. c•~i..cr,:-d. co:r.~,;it.~J ~e ••;,.:.:ci ~•.~ih and ai; ci~d Sy, fhen ~n either or any s~ch evenl the said ag
, > s~m ment;oned in said ~µro~+r.asory ,ec.te than re:na~~e~ng unf;e~d, vr~th i~rtere;: ~c:~.:ad, ar,d a~l moneyi setured hereby, shall beeome due and pay
~''fnriF,,vith, or thcreafc~~~: ~t ?hc oE~•,::~ ct s.,.•i l:!OR?GAI.EE, at i;,~iy d~d r.~nr.rr~~ y ~3 if aU oi ti~e aaid sums oS meney were onginalty sbpuiatcd
• p;:d er svch d.~, +~;~i~l,•~: s.,u c:~•~.>scry nu!e er in Trus 1.`ortq.~.i:• !c ~M, ;,;:,i•ory ~zar:irhsiand~~.y: a„d fhere~pon or thereafter af the op~~on of
~ '.•.OR7GAGEE, v. •t.ovr ro~,cv c~ a<<:~anJ, s~~~t a~ ;..x ur in eq~~ty, ?ne«tu~e or tl~erroiter beyvn, may be prosetuted as if alt money~ secured hereby
~ ^,aTUr2(~ pC~Of t0 AS ~nzl~tt,!:~7n.
7. 1F:ar ~n ~he e.~-nt ;f,af ar s~e L•eyinn!cig cr at a~~y t:reA p;;:,d~ny a~~y su~i uro~, th~s ~`origage, or to foreclose it, or to reform it, or to enforce
.-.e~t o! any c. ~in,s ~~ereu~:,a..~•. ~;,~d ...:;RT'v:-v~ ` sF ~ .H;;'•, r.:~ Ca~rt t~~.~~ :3 ;•~sd ct.o:~ ;heieot ior the appomtmem of a Receiver, auch Cour! shail
..~+h .~p,~:~~n! .3 •~•_e;.•_r of s_:.,.i :-rs.,~•;d ty .,:~d s, . ~ ..:~ci:~g .,~::1 s, ,.~~far vh.e incon,e, prolits. issues ar.d revenues irom wh3terer
~ Jd~~'J~CI, n„~~i ,,.;.j P;..~~- ~,~,l, c!~, i~ 1.: ~:y ~:,;ress'.~, .,r•src,:~. ~s h~•~~:.. :~g_-d as i1 spet~~~ca{!y srt forth and deK~ibed in the granr~ng and
~cc!um ravices he•":~r, _~nd such Rece~var s~.~~1 h.::~ a'~ nc~ .ixoaci ar,d et'eK•.~e < ~.s ~~~d pov:ers in anyw~se entrusted hy a Court to a Receiver, a~:d
';~pcf^tr,•,~~,•! sh•• oe n:ade by su:h Court as an ad••w!ted ry~~'y anci a ma~fr~ or ~c~s:.te r.gM to said MORTGFIGEE, and withc~t referente to the
,-i_..;cy o+ ~~:ad~q~:[~ of th~ v>_;ut o' th~• prc~erty n.o•ly~yc•d uc t.~ t~r s_ _~~~~'v.er.cy o( Sa~d 11,URiGAGOR w ihe deierdaniS, dnd that auch
s pro;;ts, inco~nr, ~ss~es and rever.~es sn~:i i,e app~~ed by such R,ce~ver ec_•.~r:: y io ure fien o: eqUity of said A10RiGAGEE and the praUite o( suth
rr. ~
9. To c:~ y. t:y and `~i~y F~erfvrrv, ;3~sci.arge, Cxe:c:Ie, effr rt, c:+mp _,e, c~•' :E. ~ w~fh and ab~de by each and every the stipuiations, agreements,
_ns a~,d ::+:,ts pror.~~~so~~~ note a:~c! ~hs ;no:rgage s~~t forrn
9. rt~e r.•• •r c-:~::_~:~:'; cf al•: r„••,. g•~d ~re~~ nrs or an; ;,art ?noree+.y~etomes vested in a person other than the MORTGAGOR, the
~'i ~.,cc~-ss..~~ .,se.. r,~>-. .cr;c_ 1•.u~...%•'~k. d~ai .;;h such successor or s~ccessor in imerest wnh reference fo thia
r~;,c a~ti t'r.~ ~t ct !cr..t,~ r~ sa^•~~ ,~...r a: ..~•h!:. •~_,~,~r .,;tho~i in a~y •xay vihating or d~scharging the hlwtgagors' liabitity here-
,:n 'Me d_•u+ I: _i~~ s_". s, _ ~ vs h,•~~. ~ c-ty~~..•d and r:o forbearancr on the part of t^e ~hOR1GAGEE Or its suctessors
; i.;..•nd ~ ex'en;,on of fn~ ~;.,•e f~~r ~ha r' c debr h•~c_, secu~zd glven hy Ihe 1l,ORTGAGEE or its successors or ass~gns, snall operate
-:.,5e, d sch~.rge, inod,iy c~ e~.ye or artec~ ti,e lf~c ~.ty cf r.:e ~'.'Gk1GAGOk nerein, either in whofe or in pa~t.
10. !t h si.rt:f~c~~{y ;,g•c..d ~'t:st t~:,~~ uf ~ne, rs:en;e of thn co~~trad and that no wai„er of a~y obl~gat~on hereunder or of the obligation se-
d harei;~ s^:a;~ ar any ti^ c tF.erra*!er ~e e; c r~ b•_ a v.ai.er of !h.~ t..--.s F.erecr o~ of ihe i~~str~ment sewred he~by.
11. In r., •o i.~ ic-. ~y . , s ~ ~r~ ;.,•,..~s• q_, .e.d L•y the prom•ssory rore secured hereby, mortga~at eovenanb
-,,~•ees ro ~>a~ •o ...r•~7 , .•6 -.a-`. r. ~^^.°v . e~~t a:!'. •yu~ r, s -ted by n,ertgjgre to be equat to 1;' 12 of the annual cost of the follow-
-A~! r~.a; .pn,t~ Ta.:as .r%:_c: or ass..•~.:r.i v_~ ~~~.s~ th:~ o::.~~e d:~;rn'-,~ d roal es•ate.
3-Frc c.~ ~~~i W~i:i1i:'. :1~)U'] _.r$ t1F..'B~!1 r~~q.~:r•:d tu ar c.r.rl~d o~, th~ ir~,,~rovements s:tuate on the above d~scribed premises.
: Pre:-;u.•s cn ~..;.F r:•~..~~• ~u~~~:.~, as n,o-~:~.,;•_c `.:c~ to t~,:~c deem fit !o carry on the loan secured hereby.
h'.o••~~ueA s• n~.- to • 7, a ti e „_.,r.d payabfe hereund.rr and such su-~~ sha11 thereupon be due and
_ ~n !h~ . . ~ :t . _ . ~ . , '~i ± , _ch' r~.c: s . _ J+h rh, rraircr ur.!i~ mortgagec shal! nohfy mort~aqor of a change in 4uch
rr 5~3ch sur~ r,;,; ~c-r' !,f r,- ~c:.a~d f; c~,a~n:ent of re~tn F--openy taxes, insurance prem.vms, and mortyage guaranty inwraace
~ns.
~ ~'~i '::1TP.ESS :;HERCOF, r.,: s.3,ri ,;iG:-G;;~; ~;as F,~_re„•ro se~ h~s hs~.d a:~j s~.,i rhe day and year first aforesaid.
f S~gned, Sealed ar d de'ivered en the p~esc.-:cr of: r? '
- - - - - - ~ r.:. . ~ L~.. ~ c,~~~ C.-- c~an
~ ~ - . _ Mary Aly Carroll c~a~)
- - l5eaq
~ -5.~4:~-{-- ~'7!~ _ (Seal)
~
OF FLORiDA I 1
St . Luc ie }
~:?Y OF - ~
~ 8efore me persona:r~ ap;,e~red __Md1
?~AI~IDQ Carroll~ _a_sinc~le~~lt ~
e =~~z - - _ - - - ' ' , to me well known and known to me ~o be
~ divid~a~ d~sv~i,ed ~n a-•ri wtio e-e~utel the-foregoing i=snument,-and ackrtowledged before me that 5ne_ executed the s~me for tht p-rposes
~"n expressed RndtN~!Zald _ _
~
~ ....~aftiF~C^ld~d______~__~_~~~__-~~___.~_~._^~~~~_~_-~-~_~_____~_-____~~_~_~RaS2pa?tTfsl~d~TiVa1L
~ •••~+ewu.i-ts~-t~r~,e~rr.pa.a+e-a.,d~ee~t-frcni,eraerdiivs~a.~d.-acfcravsiedged~oe+,d~efe+r~ne-tFrarefieexeanedzaid-inmrnrnar,rfreel~~nil-wbrr
~ r end~;e4tavr e~.yzv~±poh;crr, eanr.roir.r, a,~prt~h._ms'on.-or-fear ~f-a!~tomTer~saf~ hJSbarrtt
~ .•:ITNFSS m~ hand ard ofFic~3i seal th s 4th _ _ day of_ A rll A. D. 19 75
~ : r'c._~) - 3
~~s!> ~ / - ~
q Notary P~b!ic~i~' and~Tor the State of F3orida at large
My Comm~ssi expires:
~ Retum To~
,:rst fecieral Sa.:n~s S loan Assoc~~t:on Notary PubTe, ttote ef F?c•.:•{,. t~„t„
M Ccr.~ni'.s~an Lr r~:; Ju! 2~• 1977 }
~ O~ ..rt F•_..c.~ Y F~ Y -
~ • bond.-d b An:encan Fire 6 Cowalty Co.
~ fort P;..r~e. Flc•:~.ia Y
~ - fIIED^A'+~,'_'`~7'i FlA• ~
~ ST. ~~','.',c N"D:~,sAAS . ~ ,
~ ' ;-r Ii.:Uif COUR -~L;1 : • -
^
Th~s Instrument Prepared By Gary F . Ellwood Ct ~ ,E~ , ~=v~ .
~ ~~rst F~deral Savings & toan Assaciation R=~~'•' _ ` r ~
~ of Fort Pierce, F lorida ~2 24 e~ ~~5 '~.f''- J
~ ~R ~ ~ _ o ,t~ ,
•:.hecl:ed BY ~
~ y i~; fQ .
~ ~ooKz38 PAGE 848 305455 , . ~~~'.}f~-~
~ , ~
-
- ; - - _ - - - - - - - - _ - r----
a ~ ~ -,;->"}?'~~S '-'~y~? _ ~ h ,
w,S
,t
_ ' `'''":i