HomeMy WebLinkAbout2119 3. To p!ace and tonYuwousiy krep on fhe bui!J~n~s no~nr or hereatte~ •it~ate on sa~d ler~d and on aL' equip~~iem and personally tovered by thi~ mor~q• t
e3a, w~th all premiums ~hereon pa~d in i~1l, tue ins~rence ~n the us~al sr~~ularJ ~:oticy Form, in s sum approv~d Ly Iha MORtG:aGEE, and w~~:dsto:m
~nsu~ancr in ~he uwal itandard poLcy tor~n, in a wm appioved ~y ~ha MOR?GAGEl, in such company o~ companies as the h50RIGAGEE may ~
diretl; and all tire and w~nJswrm i~w.ance pa~c~c•s oei any of s.+~d build.nys, any ~n~e~e+~ ~he~ein or pa~l therrof, in the aygr~yate tum aforesaid w
in excess 1Aereof, shaU :ontsm th~ uw~l s!anda~d mo:!gsgee clause w suth other tiausa at the A1or~gagee may ~eyu~ro, maAing the loss under Sd~(J POIF
.~rs, each and evr~y, pa~„i~~e to sa~d A1pRiGAGEE as ~~s ~mcr~•s~ ~~~ay ai,peu, and eac~~ i~~d e.ery wch ~;o~:c/ sf aL' 1~ pron,ptiy ass g~~eJ e~~d de~~~ered ~o
eny held by ea~d MORiCA;;cE as (uriher secu~~ty ro said r.:onynge deo~, and, not !ess than ten (10) deys in JC~vJ~~CE of the expi~a~+on of ea:h policy, to de-
i•,~er ~o said M~~RT(,aG! E a ienewal ti~e~rof, toge~hr~ wnn o rece~pt for the p.emi~m oi such renenal; and thrre ihail be no frte or wir.ds~orm insurance
pir~~ p~ any o1 said b~ildings, ony interest therem or part ~heicof, un!ESS in thr lorm a•~d wifh ihe tosa payab!e as aforesaid; and ;n the e.ent any sum
of n;oney becomes payab:e ~nder auch po~~cy o~ poiicies said MORTGAGEE shall haoe ihe o~:non to receive and apply the same on account of Ihe indabted-
nrss Set~rcd hereby 4r to pe:rnif sa~d MORIGAGORS to ~eCeive and vSe it or an/ i:<:rt ti~•::~~a4 for o:i~.^ pur~•csei, v.~Ih~ut tha~ u; v~s~~~ ~a O~ unpair-
~n~ ,ny eq~:ty, ~:en or rl~ht ~nder w by viirue of this mortgage; and in the event sa~d MORTGAGORS shall for any reason fail to keep the sa~d premi~es fo
~•»vred, or iail to de:~~er promptly any of sa~d pot~c:~~s of inw~ance to aa~d MCRTGAGtE, cr fad p:omptly ro pay iuily any pre~~uum the~rfor o~ in any
r<•sNect (ail to perform, d.scharge, execu~e, et!ccT, CO~nplrt~, co:~~ply vf~~h and ah:de by th;s cevenont, o~ any part hereof, said MORTGAGEE may p~ace a~~d
~y for such insu~•+nce or any parf thereof .~,~irout weiving ot af(eiting any ophon, I~en, equ.ty, or ri~ht under oi b,r virtue of Ihis Mort~~ge, and the
'~'i amoum of each and e~e•y i~ch paym~+n~ sh,!~ tx i~r,:»c.l,ately d,e and FuyaE!e a~,:! s?+a!! b~a. i~»erest irom the date thercof until paid at the ~ate ot
e ~,cr cen!u•n pe~ a~~•~ur~ a~~d t:.~~ti::rr .~i:h si.:h L••..,st si,ii. L~ s~.:.n~d hy the tlen of thit mor!g.~ge.
d. To permil, Commil Or sul(er ~ao was~e, impainarnt ot drtrnor::ho~~ of aaid prup?~ty or any pa~t thereo(.
5. To pay aN and sing~la~ ihe costs, therges and expenses. ~nciud~r.g a reasonable attorneY's fee and costs oi abstrads of fil!e, inturred or pa~d at
timc by sa~d r.trRTGi.GCE, because or in ihe event of the fa:ture on thr Dar~ of ~he s~~~' MORiGAGOR to duly, promptly and fv:ty perform, d~scharge.
•~_t~te, effect, comptr~e, o~mply wdh a~~d ~~.de by ea.h and every the stipuiat~or.s, agrec~nents~ ~ondihons, and covenarts of said promissory ~ote and th~~
,:rtgage any or e~rher, a~:d sa d casU, cbarges and expenses, each and every, shail be immed~3triy dur and payable; whether or not there be notice da
~ r.~.i, atre:npl to co~lect or suit pa~~d~ng; and ~he f~U amount of each and e~'e~y s~ch payn~em shall bear interest frorn Ihr date Ihe~eof uroil paid af Iht
~ , n:ne per cer.:,,~n ar~c au ;n:d co>;s. u~ar~~: a~:d ~ x;:_~;~srs :ncurred or paid, together wdh such interest, shall be secured by the lien of thia
~r.ortgege.
6. ~hat ;a) in the evrm of ~ny breach ef this Mortgage or defau:t on the part ef thc M.ORTGAGOR, or (b) in the event any of sa:d aums of money
h•_ •~in refer~ed ~o be not pro~npfly and f~:ly pa~d v~~shm ih,rty (30) days ~xxt a~fe~ t:~e sarne se.eratt~ become due and payable, withou~ demand or aotice,
r.c! in rhe event each anJ every the st~;>u:ar,ans, ayreC:nents, tacd,t~ens an~! covenants of sa d promissory note and th~s mortgage any w either are not
l.. y, pro~nptly anti !~'iy perlo:~~ c~i, ci v~~~a~7_d, ..•aec~ted, ~ifected, cu.::~.;eted, ce ~~F::.ed v;.~h and ak: drd 5y, then in e~ther or any such event the ~aid ag-
~~~e sum mensioned sa:d F`lUTISSOfy' ncte then ren:a~nlny ~npa~d, vvith interr,t acc~~ed, ard a l moneys setured -hereby, shafl become dut and pay-
fo•thwith, cr tl:er~~afrrr, at the e;:•.c ~ cf s,.3 ,'rORTGAGEE, as fu~1"y ar,c) comH:ci~1~ as i( alf o( the said sums oF money were origmally s~iputated
pdd on wch ci~y, anythin~ ~n s:,d ~re•r:sso:y nOte or in fhis r.lortgag~ to th•_ c7r.trary not~,4ithstdnd~ny; and thereupon or thereafter at the Oplion of
_'..'vRTGAGEE, v.~rLo~t nor~ce or clema:;d, s~~t 3t i~~w cr in eq~~ry, th~•r~fe.e or ther~witir beyun, may be prosecuted as if a~l moneys secured hereby
~ ~ ntured or~or to ~ts i:~sutu?;on.
7. Th~t ~n the ev~mr that a: r~,e beg~c~~~:q _.i o~ at an~ hn;e pend;rg any su~t u~~o*+ this Mortgage, o~ to foreclose it, or to reform it, or to enforce
~r of a•~v c'.,:~ns h~~~ou~~d_~, s~~~ 4~i)RiV/~Vl' S~~d~~ ~~iF~I`J ro ihe Ccun ha,~~,~ ,c~:;ei.a.on ~he~io} (or the appomtment of a Rece+ver, such Coun shail
...•h a:.; ~:..r a:r~e.:cr oI s:.i -ro~rgag:-;1 :.ro~ . rt; end s~~,gu.ar, n,_ ~d:rn ..~.~i s:~._~u~ar t6e ir.come. profits, is~ues and revenues from whatever
- denrrd, e.::h anr! every of ~vf,.ct~, it ~:c~:~g reis'y .;ndericoc,a, is he~_u; rr~,;~~a3vd aS if specil~~tly set fOrth and deuribed in the granfing and
_;+,,m c.+use~- her~ o*:. an,-+, s~~ch Rrc~~ve- sh3u h.~,4e alt trte broad and eff~K•.:e ru^c• o:~s ~,n! po,•:e~s in anyw~ee entrysted by a Court to a Receiver, and
co~-~*~r.e:v sn3i! be -.ade by such Ccv~! as ar, .,d:n~!trd equ~~y and a r.~arter c~ : t„~:~t~ ~:gM to sa~d MORTGl1GEE, and wiihout rererenee to the
__,cy er ir,a:ieq~acj o` t~e va:ur oi ~h= prepe~ty mortg~ged or to 1ke o-o.~~n.~ v<, ,o~,ency of sa~d MORiGAGOR or the defendants, and thjt such
:,,:or~:s, i~.come, Issu~s and :r~en:_trs sha'i be ap;;:~ed by such Rece~+e~ .~c:ord•,~~ tu the (ien or~eq~ity of said MORiGAGEE and the practice of such
Te dv'y, F~,-^•e;~'y and !~~!!y pe~lorm, d,sr.har~e, eKec~te, effeu, compffte, co~nr~~ w,'ah and ab~de by each and every the stipulat;ons, ag~eements,
_.;•is ar:y ~._~„_rean+~ ~o es.~i ~fJT~S50/'~ no'._- a:~d this rncrtgage set fort!~.
9. S~at in nc~ e. ~t ;he r.~.nr•sh:~; of tb= n,o•tg?ged premises, m any parf thrr~of, becomes vested in a person oiher than the MORTGAGOR, the
. •.,AvE;. i~s i: -c:ss:: ;..~.cl a_ r~,3y, w.•r nbr.ce to ehe :",OkTGA:~~2, deo; tv~th wch successo~ or successor in irtterest w~th reference to this
- . ~:,g~. ~ c3 the cL! t ic~cby ~•r.d in sa~^ r,~~~n~r ac w~~h ,'.".~ngjgo~ w~thovt i.-. any ~vay vit:ating o+ d~scha~ging the Mortgagors' liabilify here-
or u~ on 'h~~ d~: vr t~_r_i !tc. s.a. - o! ~ y~~~ :~s•~s I~_~r•~by ~r,ortyaged ard ne forbearance on the part of the 1J10R1GAGEE or its sucteswrs
; a~.d •~u . s~o~ :~F f_, ri,-• : ry,~ ~,f u.a d•.:,+ L~ ~e::y sec~red given hy the 11lORTGAGEE or ~ts successors or ass~gns, al~all operate
_~se, d.s:h..;ge. ~.ccf,fy c:,any.~ cr r,~•,~ t~:_ G~~:..:.~~ of the 1lURTGAGOR here~n, either in whoie or in part.
10. It rs spec `;c ~~ly ao~e~~d ~i~a~ , of rhe e;sence of ~b;s co-•tract and +hat no waiver of any ob,lgat~on hereunder w of the obfigat'wn s~
_a h~rehy stia!: a• e~~ ri, e tc._reaEter t;e ^'d to b•. a w~u.e: cf the te:ms hereoi or of the inst:ument ucured herby.
11 ~n ~ ' ic : o~.•+,'; : ~ o{ ~ _ , and ~ ~,n s, rcav::~~:i by th~ prom sicry r.o~e secured hereby, mortgagor covenants
.~ces _,..~F~ ,;.a, ~.,t ~,-~~•i. v•,a' ,.s• , ct i,y mortg,gee to be equal to 1,' 12 04 the a~uwat cost of the foliow-
A~-i~l rtyi p.r~, .~t~ tix~i or o~,__z~.~ !he, ai::.~ J~SC i..•d r•_ai ~~s•at.-. J
B-P. -,s c:~ j:• , 3ec! ~v~r.d<.to~~ ,•,s~•arce as re n r~qu~rrd to be cdr•~ed on rh~ ;mrroveme~ts s:tua on ~fie above d=scribed premises.
_-Pre•r~_~ms cn ~uch n-e~t-;,ae g~~a, t~ irsura~:e ~s mortcugee shalt fror.- tme ro timr deem fit to ny the loa~ secured here4sy.~
h:o•!gay~e s~~-, • ,:r. .~o v. -c rr ;:3~ ~n ~~;r:tmg of tha o, •~t d,:~~ ard payable her ndrr aryi~ such ju.~n shall th upon be due and
~ ~
~ ~n tF.~, c c~ or fi r o, f y .nd e, ch su_cess~re , c.•h tl~e«after uctil mcrt gee ~All notif~/ mortgago of a ehange in such ~
i _ lr i S~ch s.: , s s a e e a~,p ~~d :r ~~,.e r,... , d ii~e ~,ay~rrnt of rca! p•;,r.er+~ taxes, insurapce pr m:~ms, d mort ge guaranty iwsurance
i - ! /
~ ~:IirvEJS '.ticRE,ir, ti:~ s~d P:,`FTG:,vOR t:as here.•ito sef n;s hand a~~d seal fhe day a yeir~ fin~ af ~id. j ~
i Signed, Sea"ed and deiivered in tht preser.cc of: ~
• f~~.Eu ~,~w aE~ RC~EO 2~
f~~- ` y (Seaq
E ~ 4T: UC~f. ~GU~~1r FtA. , nl
~-~~~f'~~nz.• _~~:f'.~-- - A~1Ci.%= P'7tTR~S t
Ct.~~ A ° .'1'1 COURT , - .t~yc.
~ - - - r fr; r r , _ ;r~ ; ,u la ~ . c ln ey
~ - -~a'- - - _ «
OF fLORIDA
' ~~tR 1~ ! i s? AN ' i 5~ 306364
'.'Y OF ----------St. _1.UClE---- ~
~ Before me persona{!y app~ared __F_•_ _G__~{CAnlnley _ _ and
~ ,JUZI8_ R. [!tcAninlev____ _ _ h;: wife, to me well known and known to me to be
o~v~duats drscribed in and v:ho erecuteci th~ forego~ng instrument, and acEncw~edged before me 1ha1 they executed the same for the purposes
~ ~ ~ expressed. And th~ s~~d__. _ Ju lia R. b
f
cAnin lev
~ of the said _ F!__G_• _r1CAnlnle
7~_____ , upon a separate and private
~ • ~~aton bv n:e taken sepa~ate and apart irom her sa~d h~sb~nd, acknowledged to and before me that she executed said instrument freely and volun-
~ ; a~.d w:th~ut any CJ;~ ~,u~SipR. [On51laini, apprehenslcn,-or fear of or fram her said husband. _
1JII~.~SS my har.d arzd ofF,c:al sea~ :4rs l8th ddy oi April A. D. 19 75
j _ - _
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~ '
Notary Publfc in e fo e State of Fiorida at large
My Commission e ires: ~
Rer~,.n To~ No~y 4uhGe, Stoto of Flo-idn at 10~9~ ~
- sr federat Savings & ioan lassoc~at:on Mr ~om~,is~;Q~ ~X;Eras Ju,y 42. 19T7 i
~ Oi Fo•r F rro,.
donded by M~er.cun f:ro d. Caswlty Co.
- Fnrt G;.,r~~, F!o~ d~ ~
~ . { :
~ ' .
~ This Instrument Prepared By Gary F, Ellwood
~ F~rst Federal Savings 8~ Loan Associatiun ,,.,v" ,
~ of Fort Pierce, Flor ida _ v i;-: .r ~
~ Cnecked By L`~- BD~~~ , _ ~ ~ , r ' ~ ~
~ 03.i~
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