HomeMy WebLinkAbout1785 3. ~o p!ace and Cont~n~O~ity keep on tt;e b~;'~i;n~s now u~ hereafter ~i~u~te oe a~;d ~and and on al: equ~pmem and personally covered by this mortq~
nge, w:th all prenn~:ns ~nc~eon p::.d :n fu~:, tni• ins~~o::c ~n the .,su~~ standarti ~oticy to~m, in s sum apNroved by Ihe MUR~G.~latc, and windstoim
;nwrance in thv usual stander~ po:.cy form, m a•.u~n approvrd i,y the h10RiGtiGEE, in such company or compan;es as the MORiGAGEE may
d:rect; and all lire and w,nJstorm insv*a~~ce po~~cn n on any of sa~d bu~:d nys, any ~nrerest therein or `arl th~reol, in Ihe ayqrrgate w~n afo~esaid ot
~n excrss ~h.~reof, sha~I ;onla~n the us.~.u s+:+dard mo~~y,gee c~ause or sv:h c~he~ u+use a~ Ihe Mouyayee may reqvue, maAu.g the ioss unde~ s~~d poli-
. es each and every, parai,:~ ro s~~d ;.~OFT;;A~~i .,s ,!s ~r.:c.,st n,ay appaar, a::d ra~h .,e,J e.ery wch po :c~ shal! Ue promptfy au g~ a•d and de~ivc~cd to
eny he!d by sa~d 1.10Rt; AGEE as fureh~•r s_cunty to sa;d ~•:;~Iy.:ye d~~bt, acd, not :css t~::~n ten (IOi days in od: ~~~te of ~he expirat~on of each pollcy, to de-
~.~er to sa~d MORIGAGFE a ren.•r.~! ~1~creoi, together ~~th a n.tr:pt }or the prvr.u~~rn of such renewal; and Ihere Shall Le no lire or vei~~ds~orm ir.s~ranCe
p!eced on any ol Se~d 6~•~+.dmgS, any intrr'rst thr~ein o~ part thauof, uni~ss in aha fcnn a~~d w~fh the less payab~e as a!o~esoid; and in the evenl dny sum
uf n~oney l,ecanrs paya:~e ~mdr• wch Hul~cy or po!~c~r; sa~d tAORiGAGtE sha4i hr~e ihe opf:on ~o receive and apH~y tha same on account of the i~idabrrd-
~ esn srt~red her~by or re, pc~n~~t s~id L10kTGAGORS ~o ff{d~OC ard use it or any ~rt th_:.~of io~ ctn•.• 4,ur; csrs, .s~~co~` ~h v:..~.: i7 cr ~:~pair- 'i.
~ny eny rqu~ty, t;en or r~3ht undcr o~ by virt~e of th~s n:cr'gage; and in the ev~n~ sa d ld~Ri(:,AGORS shall ior any reason fail to kcep ihe sa'd premnai so
:r~wr~d, or feii 2o de'~.-_r piOmptly any of s~~d pu::cies o~ inSUr~nCe to S~~d AIORivAvLE, ot f.~il promptly 10 pdy fully dny pre~nium thCre~Or Or in d~~y ~
~.,.,•r fail to perfe~r.:, J.sd,,~.~e, execcre. e(iecr, c. ~,~~:<!c. conply xiih a~~J .i,~de b~ th:s covz~a~tii. o~ any ~~.,:t h.rrru~, said MORTGAGEE may p~ace aro
fvr s~ch inwr,ince or a~,y part Ih'r;~of w~ih_~ui xa~~~ng or affeU;~ig any opt~nn, ~:en, equity, or rigM u•~der or b~ virtue of ihis hlortgag•, and thE
amounl ol each and P\E'j such ~,a,:nant sh~!1 be ~~n~ned,~trl~ d:,a ond pa~at:~o and s~~ai1 bear i~iter~st iror.~ tha dote tFercof untit pa d at ~f~e rate of
per [ent~m ;.er a:n o..e ..~th i: ,,,r,.,.,.. .h.~;c s~•• Ly ihe I ei~ of th~t mortyage.
i. To {~eruit, [om~r~it or suffer r,o N'35~d, i^.Ha~i~r..-:it or d~:cr.oratwn o! sa~d y..roN._•rty or any par! ihcreof.
5. To ~;ay a'1 and sn.gi~ia• the cos!s, charyrs and ey+~ens~a, mc~ud~ng a rr~sonab!e attomey's iee a~d costs oi abslracts o( tit'e, intuired or paid at
•.~„*:e Ly s~~d A'.iiR!GA:,_f. 6eca~se or i~ thr e~e~~t ot :r„r fa ~re on Ihe cart ot the e,~~d 15•~RTvAGOR t~ du1y. Proo~utly and foily perfo~m, d~scnarge.
. cvre, ef(eU, ccn~;.:r+e, co c~+!y W~th and a~ Je b~ ra;h and rvary the st~H~:at or.s. ~grr~~~nanrs, cof~d~t~ona, and covenan~s of sa~d p~om~ssory note and thi~
•.-'r~aye any o~ e~!i+er, a:id s~d cesrs, cha~gis a+~d exp•_nses, each and rvery, she~t be ~~~~med~ate!y d~e a:~d nayab:e~h~y~r w not the~e be ~o~ice de
,,i, atiempt to co ~ect or sv~t pe~:d,~:9; ~nd i}~e f~,: „~ncunt oi each a~~d e:e~ ~ s~._n pa~n:em shall bea. i~~~erest-!~n ihe dare the~eot unti~ paid at the
c~~,:~~r; ; . _~,J c.,~•s, ~rs ,~i ~.;,~~•s•_z ~~c~u.•,f r„•d. ~oyriher .vnh such fnte:rst, shall be secared by the lien of th~t
.,.tgage.
6. That (a) in thr evem ef any 6rea~h of this .'wrg,ge cr d~•fau~t on ths p.,~t c•f AR.ORiGnGOR, or ;b) in the event any of sa;d sums of money
,..~:~n reierred to be rrot pro.r p':y a~:ci iu',;y i;a:d th.rt~ : cx.t e•r,.c t!.:~ s:i~~~e se:=ra:~y betor.e~ d:re and pa;tble, without demaea or ne~ice.
c, in thr event esch a~d e•s~ry r'.e sr~NU,a!~cn5, aqveement5. cor:dit~OnS .md c~vena~.rs o! sa.d prom~ssory no~e and tn~s mortgage any or either are not
, pro.npTiy and t,:.~ !v ,:~~o c;~~a~ j• ,i. ~.r_c f, ti. r~fecre.i co ~:e•ed cc ,.-i ..~~i, a~~d ac;.drd 5;, ihen tn either or any such event ihe sa~d ag
;a'n wm rnanra~~~e;! .r s: d f:rc n s.~y n~ t+.• r.tn a~;~. ig e;r:~~a d. w~th nr,. acc•~..1, ond a'I moneys secured hereby, shali become due and pay
iortF~with. cr tF,ereat•rr, ai ?h c; , f,~. ~2TGAC;CE. as fv~~y a•:d ~o° as if ail o! tt~:• sa~d svms of money were ong~na;ly supulated
.:~~d c,~ wch r.:., , .r+ 5~,, c•~ • ssc:y ~ or v ii,~s ..r~ga.}: •o ec=.irary nor.•nthsta~~d~nq; aizd the~eupen or thereafter a~ the ophon of
~:,'?RTGAG'tE. woi..-vr no~::~~ a_:: a~,J. s:,~t at 1.an or ir. equ~t'., ihr~•_ii,•~~ or tner~~o;t~•r begun, may be prosewted as if atl moncys secuied hereby
~a~ured pr.cr to +ts f ~stit~~un.
7, i}.,jr i,n ~;;e e.•e~:r rh~t ai tc-~dan~nq ~,f or at any t~•~e r;or.d;ng any wIt ~j-.,~ th~s Mortaage, or to forec'.ose it, or to reform it, or to enforce
oi any c.; :u herev:,der. s:~~a ~.:VRTv`+.~: _ S~c . ep~.iy !o the Co:~ • h,::~ q,~, :;;i :t:en tncrcot tor the aF:po~nt~nent of a Receiver, such Covrt shafl
...~ch :..,.e! cc;.~•' n: s. ,d t:;,d~:ci cr~; ai; a~td s.r.3~'a . lnc ~;i c. .:a~~ar ihe ir.ccu:e. ~~.roi~ts. issues dcd rerenuai from whuTevet
,_-i. e. ' ;;t r c~, , c:~,q .,s; y..,;ci; ~s'..c~. ~s : r.. ~ yrd as ii sp_c~ficaiiy zet forth and described in the 9raming and
cl,r~ c a,ses h< <a%, s,,:F P.~cu. _ sr,, l. _,.;f th;• br,-.ad and er:~- _ r~:r _;ns end po:ve~s in a~yx~ae entrusted by a Court to a Recaiver, a~:d
, ~;:po~n.^.~~r ;i~:~. ~;.,:1e i~y s~~:F. Co.,.! as a-~ :,d~~~~t.~~ cq.~:cy zmd a~..,:.:r of ~.~~~.ut~• right tu said MORTGAGEE, and ~nithout reference to the
GI tr:.3a~?:~~:3CY :Jt it,` Y3.Jt' :Jj /Yln n.~~..1~~ tr:l~•1n.a...-j jn t:.c. < •:'I(': ::f 1t)SCI`:nnr F
P` 3-~ yo u. said MORiGAGOR w the defendants, and that s~ch
- s F,rotlts, ~nco~^e, ~ss~es a:,~i •e~e..~es sr.;'; ae ap,;.:ed by :c•;n R~ce:vrr .y fc, the ~irn or equity of sa~d MORiGAGEE and the pract~ce of sueh
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9 io d~'~, n~s~~~: !'v a•,d fu;l~ ;-erfo~•n; d.;:j~3rae, e~eLt~~e, efrer, cc~ {:'_t~ • E,:y •.vith and a6ide by each and every the stiputations, ag~eernents,
~ n1 df:d C.: 1•.•. i~:iS r~ S,.. F?; p~1i.55~• 1".C:n 3:~tl t!~~S tt1G::~.1 )a S:~i iG'if~~..
9. T~ a. ~n ~he ,;t~_ sh ~f t!.. -.o~rg,ged ;•r_ ~•se~. e„, pa~r tn~r, ef, 6.~comes vested in a person other than the MORSGAGOR, the
. ~ _ :•c . .,~i ~ ;n „ nc,+~v: ~n.~ ..,,~TG~=Ot, dcel ..:tl: ...ch successor or wccessor in interesl with reference to this
. ; ~fc ~~~a t'::. ;y..~.~ , . . ~ .n t. s:f---~~ ^er .~s .,~;'n M~ r,~_~3.~r .,vni.rut ;n ~:.y ~.vay vitiating or d~scharging the !'.lortg~gori lia6ility here- .
, a_. .
. or ~c th., d- t;+ . + 5_.• ~f r•.. ,:s~. ~~ty~g. d a~:d no.}er~earance on the part of tha ?AORTGAGEE or its successors
~ - ~'7 s.c~•~.. n•en b Ih /A RTGP.GcE Or it
u'S ~:,d x ` i ~ , r. ~ b• h..~..:r ' g v e O s successors or assigns. ,fiall operate
r. , u sc?i.: gc. ,u'. .~~T r; o' _,...:RiG~GJk t:ercin, either in whole or in pan.
1~~ tt :s s jr.,r 9~~d _ et !~~e E•SSC^"P cf !F ;~c r>ct a.,d th.~t no waiver of arsy ob~gat~on hereunder or of the ob~igation se-
d h~rebj s~:a:; at . n., :fe• E;~ i.•.~ te b: a r:o,,,:~ of r.. ~r~•s r.ere~i or of the i~~strumenf secured herby.
; I + r • ~ ~ _ , ~ . r a,:A . . . st ~ . .,r~ t,y the pro",.sscry r~o!e sccurrd herebr. mortgagor eovenants
'O F''i ' ' ' ~ , . ^,.1 , d : ~a. s~~: _5 . b~ merrgagen to be ec;ual to 1 12 of the annvaf cost of the follow-
--Ail „ a! ~:ro: rry >t iC::. : dii~`SS'(7 ,cn~•~s~ alrov~ desr~~., ~l rc , es'ete.
. ; , . _ ...~~ci~• . ~ n . ~;,--;~,i . +h.• „ roveme~ts sit~3te on tne above d~scribed premises.
= N, c, s-v:. ;r• ~ g.,n~.:~,•y r n.,r.,• e ds r.~o•ty+cce st~ail fr7•~ ~ rnn to •nne de em fit to tarry on ~he (oan secured hereby.
~~'~~''3 ~-J^-`-' = ~ : t~' '~r vr~, ..r .n v.r:+.r.g of t~: c.:~~t ci~e ard psyable hereundrr and wch ;um shall the~eupon be due and
t'" • ~ - ~ i~~ .d c.cr: succ~~~vvc c rh r4,~ -~ofr~r u~:tii mcrtga~ee shall r.ot,fy mortgago of a change in such
S~c~~ 5., _ s... .,,y e,,.,.. ..,c„a d t~ rayment p{ re.,~ psc;.ert~ taxes, inwrance em,ums, a:~d mo g~araniy insurante
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~.:J1i~.E~S .:N~F;i;i. _ s<~~:; ?1:UB~vH".~~R i.as ~.•_:cu:~to set his i,:~r.d and sca! the day a yea first re id.
g~ed, ~ d ~.d drl:~ ~n the ~resence of- f~~EQ ~ y_` ~ECOtt0E0 ~ ~
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' 1 - - - ST. ~UC!C .;OUl1TY FLA-
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` c ' t7 COURT
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~ . - - - pcr,n~.' ~~-4~'ED
; (Seal)
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ApR I~ ~0 16 aH'~5 (~an
; - FLORIJA x 3os~
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; ,~r oF _5~.--L.ucie - ~
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s Brfore me person~liy a;,pearFd . _ ROber~ L. E 1T]
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' 6i~.vrife, to me well known and known to me to be
Q ~ :.'.~;d~a' descn':ed in and wno erewred thc foregoing insrrument, and acknowledged beiore me that he executed the same for the purposes
6 . ~ expr.-ssed. ~qr.rllf~e~i1-
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E +~f ~S.M~s M~d . _ ..~ow~.a~P~r+1~.~r1.'r'wa1~
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; ~..a~air~zLK.~~L+:wszc+r+~o~..ir~tL~Lbetsaid-a.'.6.(+d...c:r,~~,t.d~•d.~a~~--:-ap.t~~iif~¢~~YCrif~.Siii~r/ltti~.~YlYr~tS/i9Ly~iOdYO{Yl1r
-•r w~~ rr~i}ictit a~.yr. cc~~w.:s+c~?~~csr.;r i.rp,~cr6rnr.~ry or~ frar.ot v~ 4.n.hQ~ vidlu?sbaad
; 7~iTt.1'_SS rny hnrJ ar.ci oFf~.-,,i sea! rhs _17t~1 _ d~ of. _ A Y21
Y A_ D. 19-~IS
F _ ~C~~@R~~_!
Notary Public in and f e State of F{orida at Large
= h1y Commission expires. 0 3 v 7~ :
g Rc•urrt io: y
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3 rs~ federa; Sz.i::gs 8 Loan Assoc:~t.on
;lt r,,,t p
Fc+t Pi •r:-e c::...~, Nof~ry ~Ybl'it. Skl~ ef H~ttd~ d lpl~
Mr tom~nissia~ Expi~~s Oc~. ~0, 1976
hnd~d 6y Me~~iean fin 6 Guuolry Cq, ;
~ . ~tti~it::y~..
, This InstrumeM Pre~ared By Kobert a. Swisher ~ Jr . ,1. : ~ ~
= Fir;t Federal Savings & loan Association ;
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; of Fort Pierce~ Flor ic3a 33450 0 R E~~~~ ~j
4 BDOK 2~8 PAC ~ a~
~i-,zcked By~! - - - - -i a : • _
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r ~ 1•,7 •.LL~\~`:
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