HomeMy WebLinkAbout2121 3. To place and ConlinuO~si~ keep on the b~•i:J~ngz now o~ herraiter •iWete on se~d IanJ and on afl equipment and pe~sonally cover~d by this matg-
nye, w~Ih all premiu:n~ thorew~ +•o~d ~n iuli, t~re ~ns::ro~~a: ~n the u~u~t srandmal ro~~cy fo~m, in a sum approved by ths MOR~G%+GEE, and windstorm
~~iwrance in ibe w~~al stonderd {al,cy form, in a su~n app~ovrd by the h1pRiGAGiE, in such tompany Or companies as iha MORTGAGEE may
d:recr, and all iira a~~d w~nd:to•a ~nsurance pol.c~.•s on any of said twi~d~nys, any intereat thare~~ or part thereol, in 1he e99regate tum afweaaid or '
~n rxcrts ~hereof, 5~~~~I :Jnlain the usw! s~~r.dard mprtyagee clause w such other uausa as the Mortgayae may ~equ~ro, makirtg the loss under aa~d poli- ~ ~
: ei, eath and e~ery, paiat,:e ro i.ud `.1JRi;,AG:E as ~~s in~rrest may appear, and each a~~d every wch ~,o~icy shall be promNtly ais gncd and detivcred to
n~y held by said MORfGAGiE as funher sgcu~+~/ W sald n,or~g~~e Jrn?, and, not less ~han ~en (10) dals in advance of thz exp~~ation of each policy, to de- '
I.:er to seid MORfGAGFE a rene~.~l ~hereoF, wge~her with a rece~p~ tor the p~em~~~n of such ~enewal; and lhere shall be no fire or windstorm insurance
p'xed on any of said bu~fd:ngs, any im.-re~t lheiem or part thereof, ~n:es~ ie the fo~~n and w~th the loss payable as aforesald; and in the event any wm
of «~oney becomrf payable vndri such poticy or ~oLcies sa~d h1URlGAGEE ahali haoe iha opt~on w rece~ve and apply ~Ae same on account of the indebted-
~~~•s• secured hereb~ or 1n perm~r,aaid h4GRTGAGORS to ~i~crive and ~~e it o? eny r:~rt theroof to~ o:iier Hur:•osrs. w~1ir~~t ~hreor ~+~ai~;~i3 cr unp~ir-
a~~y equ~ty, !~en or r~~ht ~~~der w by v~rtue ot ~h~s morrgage; and in the evenr :a;d MORTGAGORS shall for any reason fail to kcep the said prem~s~~ so ~
~swed, or (ail to d,.~vcr prc~nptly any of soi:1 po~~c~es of ~ns~~~nce to said MORlGAGcE, or (ail promptly to pay fully any prem;~m the~efor or in any .
:~s:ect fail to pe~lo~m, d~schar~e, exec~te, efieu, co:.~pte~e. co~~.p1y with and abde by th~s covenant, or any pert h2reol, said MORivA~:rEE may place and
;(or wch insur.,nce o~ any nart thereof wnhour waivi:~g or affecting any opt~on, Len, equ~t~, or r~ght unde~ w by virtue of this 6b~tgage, and the
amount of eath anc~ e~c•y w:h paymenT Sha!! Ne :~nincdia!e~y due and payab~e snd shall baar interest from the dite thereof un~~l pa~d a~ fhe rate ol
p?r ctntum pcr ar.r.wn anJ ro.i_•th:~r r:r.h s:c~~ in'_•is• shai; s.~ccr,~d by t}is lizn oi this mo~tgage.
4. To pennil, commit or suile~ ro wastr, in:pain~i~•r~t or dete~ioraticn of ao~d propeety w any part thereof.
5. To pay all and singu+ar the costs, charges and expenses, inciud~ng a rea~onaE>'e atromey's fee and costs oi abstratts of title, incu~~ed ar peid at
r~~~ne by sa~d MORtGAv:E, ~ECdvSG or in the erant o` tt~o fa:i~~a on ~he part oi the said MORTGAGOR ro duly, piomptiy and fully perform, d~atharge.
.:ute, effec~, cenrpie~e, corply w~th acd an.de by each and eaery the S~ipu!d!~ons, agreemcntS, cond~nons, and covenants of sa~d prom[uory ~ole and this
~~-rgage any w e~ifror, a~.d sa d cost:, charges a~~d er~:ense:, each arxl every, s!~eil be irnmed~atefy due and payabte; whether o~ not there be notice de
.~~.d, ~~ter~~pt to cui~ect o: su;t pe+~d~.~9; and rhe Ecii an~ount uf e:,ch and e~'ery svch paym_nt shail bea. ;nterest from the date Ihereof until paid el the
~~.:::e oer ,en~„m ~.c• ~::c: a~i sa:d sr>. :har~es a~,d ~x;x~~s_s ~~xurred or N~~d, togrther w~th suth ~nterest. ahall be setwed by the lien of this
rtgage.
6. Thal (a! in the even~ of any breach oi this Mcrtgage or defau't on tne part ei the MORiGAGOR, or (b) in the event any of sald sums of money
h•r~~ln reierrni ~o be not pro~np!ty and fulf~ p~~d v:nn~n th.•ty i30! days nezt a~ter ~he same severa~ty become due and payable, wi~hout demand o? no~ice.
ci in the event ~~ach ar,d eve~y ~he s~ipu;a:~ons, agreemants, to~.d.tions and cover,ann o1 sa d promisso~y note and th~s mortgage any a either are oof
p~o npt;y and t,;:iy pe~forrced. :f s~'r.~tg.~d_ ex^: ,trd, e~f:crcd. co~nF:eted, ca^; !:ed v.nh rnd at~ded 5y, tfien in either w any such eveM Ihe sa~d ag-
~atr sum m2i~LOnB~ in s~~d pro~nssory nct~• tii?n rem,a~ne~tg ~npa:d, ~v~th intrrc.t ac:'ocd, ard el~ mOneyt Setuted hcreby, fhall beCOmC due AnC) pay
fcrthwith, or thereaf!._~, at th,~ cpr~c:-~ of s+.d A10RTGAGEf, as tu'~y and co~n~,ieve(y as if ati ol tl+c sa~d sums oi money were o~~ginally s?ipviated
' • oa d or, such d..~, ~nytt~;n~ s•~ d p•~~ n~i;ory ~ete or in this tdottgayr to t!~e co~:erary r~ot,nithstandu~g; and thercupon or thereafter at the option of
:',ORTGAGEE, w:~~,ota •:onc_~ o~ J_~r~a•.~i: s~~t ar faw or in eqvrty, thertio~e o* th~~r~•airer begur., may be prosecuted as if all moneys secured hereby j
r d~,alured pr~or to ~~s ir.st~t~t.on.
7. That in t:+e e.~rnt tf~at ar the be~!mm~q ~~;f or at any tfrne pend~ng a•iy su~t ~~.;~-~o~ SF~s Slortyage, or to forecloie it, or f0 refOrm it, or 10 en(orc!
..~•r,t ol any c..,:.~s here~.~~ii.r, a~:ci .L'.:iRTv%:~- sha~~ ap~ly to th.~ Co„ri hr•:~,.g iur,~:ic~o.i ihe:eo4 (or the appointment of a Receiver, suth Co~rt shall '
t
~ •.,s•h a;.c~.:nt a.,~;e,:-~r of sa,d r.:; •ty.~~_d i::~:: .-ry and ::~~gviar, ir:c ~d ~;g a~~d s~~ci.,;ar the income, proGts, issues and revenues irom whatever s
t
d~•r]v~d, e..:h a~,•: every of .~i~.,'. , ~.:.y .,-r~ss'; .;nd_.rvcod, ~s ~..:~c!.~ r..c••;;,ged as if spec~tically set fonh and described in the granting and
~u~n c avses her~of, and sv;h Rece:vrr sh~i: ha~~ a" in b~o " n
e ad a~d r~'rrc•:v~ or,s ~nd powen in anyw~s_ entrusted by a Cou~t to a Reteiver, and
i
- ~~pe~nirce~it sh:~lt be rr.ade by such Ccu~• as ae ed•~~:!t~-d e~v~ry a:id a r.~a!~er oi .bsc:~vre right ro said MORiGAGEE, a~d without reference to the
~::~cy or inadequ~cv o~ the .a~vr oi ~t,e ~,~o,.er~y rcorrg.:ged or te th~• sc..•_rr_y ~r :~ency o( said MORTGAGpR or the defendants, and that such ~
s ~~ro'rts, ~r~co~ne, issvea and re~:~~:,es sns11 be ap::~~ed hy sxh Receiver ac.:urJ~ny +o tha {ien or equity of said MORTGAGEE and the praetice of such i
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8. To ~'u~y, pres-~:ily and f~:!y FPf[O!fl:. QISCFld!y>~ exewee, ef~ect, comp~~te, cu^:piy w~rh and a6~de by each and eve?y the stlpulations, agrcements,
~~-~s ar,d covrnar:!s ~n s.+,d p~on~s~or~r •~c+e a:~d !f~:s mcr.g3ge set forfh. i
7:. a; m~h~ eve^t rhe owners~::p of t!,e n~o~r3aocd pre•,us~s, c~ any `art therecf, Lecomes vested in a person other than the MORTGAGOR, the
i•s s:.cc__s,::s .~nd ass~~•::, ~,~y, w~rt~o;,~ r.u cc ro me M.OR?G~OR, deat w~ih wch successor or successor in interest with reference to this
:~~e a~d ;F,c d-_ut F._rcby s=:c~~zd ir. rt~e s3~•~e r*;,rne~ as vr~th ~'l;or.yaqor h';thovt in any way vitiating w d~SCharging the MorigagorS' liability htre-
• cr vF on ;c ^ d F,t i•,••e:`,y s.: ,:,;d s., e e' :hr ; re•n:s=s h~r~'ty rnor~yayed a~d no iarLearance on Ihe pan of the IAORiGAGEE or its successors
_ a;~d _,•c•s.r.:~ o! ~h; ~ i,• ~h_~ ;.ai:~•r-:r cf th,: d_b+ F~~~F'r.,; secwcd givrn by tne fdORTGAGEE or ~ts successors or auipns, a~iafl operate
_,se, d,s~h~•ge, ~r::d;fy :i ar,y.. or •~iecr -..e o- ~;au ~~y oi the ~",C~R(GAGOR here~n, either in v~hole o? in pan.
lU. tt s sF;rc f~:,~.:y .,~~.r.,d :haf t.-~~•~ ~s ~f ti~~ esse~~ce of !his :or,craa and tF~a! no waiver of any ob~~gatlon hereunder or of the obligation se-
_ i 1:_reb~ s~.al~ at an~ t~.•:e ~r,cr~after f;e ~c:d ro E~ a•.:~~,;er of thc !err,~g herer~f cr of the instrument secured herby.
_f i. icr^ ~_r ~-'.~~.r~, . E, , ~ arrd ~ sT reqw .d 'py the prom~sscry no!e secured h¢reb~, mortgagor covenaMs
:~s v_ ,~~y r~: :~~c-•_ . .~~r a~ c. a: s_~~~ ,•:~ct b~ mo*~gagee to be eq~al to 1; 12 of the annual cost of the foliow-
~-AI( r~.al ~~r~~f;c~t/ T3R~i ~ ass-:+s..,.l 1F:c ai~~re arsc•i~ed r_a! estate. -
j F:. o~ ~os?_~ s~... _ ~ -~d tv h~- c:~r~a:3 0~ rs~e ~n,rrov=rnents s:tuate on th~ above d~scribed premises.
~-Prc~^.~u~-s or ,.,•_h r*~urt~.:ge gu,•~~;t,~ +rs~-a.-e as mcr*ryag~_ sh;'i 'ro~~• t~m..~ t~ ti~ne deem fit to carry on the loan secured herebY-
~~I ti'c, t3 r s : c r, . ;r,. ~ o_.,t .t • and payable hereunder and such suT shall tnereupon be due and
~ o t.~: c~,. cc ; _ r a~~d ,,e., s~_,cces~~ve r.c,~.rh ~*~~re,»:.r u~:t~1 mcrtga~ee shaN not~fy mortgagor of a change in such
Such sv~rs s+ a.r „r~ .i:d o~ ~n::r•ga':-e to::a•d tnr payr~eri of real propertv taxes, insurance p~em;ums, and mortgage guaranfy insura~ce
E -,s.
I'd :11TDJ[S:i ::tiER_Cf ,a:d N.OR;v~GOR has i,cr~,,^ro se~ his hard o,id sca! Ihe d yea int o aid. -
~ ned, $ealc ar e:ed in the qte~encc o': /
! (Seal)
! Ha 1S a~~
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Seal)
i nstance C. Harris ~~a~~
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g GF fLORIDA ' ;
~ 'sTY OF St• _Ll1C~Es--------- 1 55. ~
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Before me persc~atP! aPP~ared --.--•j4~1i1 Narris '
- end
~ ___~~II$~dI1GB_~,~E~a,Y'1 ~e _ his wife, to me well known and k~own to me to be
nd~vidoa!s drscr.ced in ar.d v.ho erecused the foregair.g instrument, and ackno~vledged before me that they executed the same for the purposes
Constance C. Harris .,;t•~'}",,;,,
~ ~'.n expressed. An~ tf sa?d _ - - - , : . ,
~ , the :a:d - _ _ John _ J. Harr is - - - - „~`',~~we a??d pr'~~;fe, ~
y ~~ar~c,n by me t.s~•_n s ~,rate and apart fro•n her s' husband, acknowledged to artd before me that she executed said inttr~y~te~~real~ Mf~ vo~in- r
~ , a~d w"~ho~t any comp,;;:;ron, ce^stra~n*, a;.prehenl,~'!,' fear of oi from her said husband. ` : ~
~ ':.ITtJ~~S my ha~id ar.d offlc:a( s~•al ths _ _ daY A A. ~19
1 =
~j , a: _
~ • ! r
~ Notary Public in and tor the 51 of ' at ;ar
My Commisaion expires: ~ J ~.•`~Q~~~
Rerum io: '/~~j
~~p~ .~•C t ,.y~
a r~rsi Fecieral Savir,gs S loan Assoc;at.on ~R+ O~C ~jj' ~'/11~i [ 4` i
s~ Of furr P.,.c.. '~~11lMfflll:t~'~~ i
~j f0•t P~~rce, F!c;~l~t fILEO RNU RECURUEO . ~ ~
~ ST. LUCIE COUNTY FLA. ~
~ q~~ro p•Z;tRAS
CLERR C~i.CUIT COUiiT
~ RECr,FC vE~~F!EL?_..._._
~ Th~s Ir.strument Prepared 8y John W. Coll~ns
~ First FederaL Savings & Loan Association A~ t
~ of Fort Pierce ~ Florida 33450 .l1fR ~Z i.~ aM 75
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~ Cn2cked By 1[.
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