HomeMy WebLinkAbout2633 3. To place and continuousiy keep on the bui:J~ngs ncw or he~eafte~ situete on so~d land and en ai~ eq~ip:nenl and persona~ly covered by ~his mortg-
ega, with all premiums thereon pa~d in full, t~ro ini~rartce m ihe uswl s~a~xfard ~,c>f~cy lonn, in a wm aHNroved b~ thn MORfGAGEE, and winJs~orm
:ns~rance in the usual standard pol~cy fo~m, io a sum approved by the lhOkTGA„EE, in tuch company or companies as the PdORTGAGEE may
d~rrU; and all lire and w~nds~arm ~nwranc~ po:~uea on any of sa~d bu~~d~n9s, any ~nterest ihe~e~n or part thereof, in ~he aggreg~q sum a~oresaiJ or
~n excess thereof, shult contam Ihe usual standard mortgagae c~ause w~uch o:he~ u.+uaa as ~ha Mor~gagee may requ.ro, maki~g the loss w~drr aa~d poli-
aes, each and every, payab!e ~o said MORTGAGEE as its intcr~~s1 may appear, a~~d eacn a~,d e.ery s.~th po!~cy sl,atl be promptiy ass gned end deiiv~red ~o
eny held by se~d MOR~GAGEE as fur~her security to ~aid mortgage debt, and, no? less than rzn (10) days in aJvance of the e+~p+raron of each pol~ty, to da-
i~ver to said MORTGAGfE a renewal thereo(, toge~her with a receipt for the premi~m oi s~ch ~ener~at; and there shall be no fire or wi~ds~orm inwrance
pl~ted on ~ny of said bu~td~ngs, any interest lhetein w parl Ihereof, un~rss in the for~n and with the loas payab!e as a{oresaid; and in the evenl any sum
of money becomes payabte under such policy a poticies seid MORiGAG[E ahall have thr opt~on ~o receiva and apply tha same on accouM o( the indrbted-
ness secured here6y or to permA said MGRTGAGORS ~o receive and use il or any F~.,•r rh.v•rof 4or or1.~•r pur~oirs. ..;ino~t th:r.u, .r.:~.iig or ~~np,.~.
;n3 any ~quity, lien w right under or by virtue ol this mortgagc; and in the event sa d MORT(;AGORS shall for any reason tail to keep ~he sa~d premises so
I~~swed, or fail lo del~ver promplly any of said pafuee ol inw~ance to sa:d A10RTGAGEE, or f~~! promprly to pay fui;y any prem~u~n therofor or in a~y
reiprct fail Io perform, dfscharge, executa, e((ect, canplete, comNty with and ab~de by th~s cove~~int, or a~y part hereof, said MORTGAGEE may place a~d '
pny (o? suth insurance or sny part the~eof w~thoul wa+v~~x~ ot atfeUing any optron, I~rn, eryu,ty, or nghl undar or by virtue of this /1lo~tgage, and thf
f~'I amount oi each and every wch payment shall be immediately d~e a~id pa~a6le and sho!I b_ar interett from the date thereoi until po~d at the rete ot
c per cent~m per annum and ro~e~he~ vvi+h wch iMerrit shall be s~~r.~d by the l~en o( thh mortgage.
4. To permit, commit w suffer no waste, irt,pairment or detericrat~on oi said HroFa~ry or any part thereo~.
5. To pay all and singular the coats, charges a~xl expenses, ~n:lud~ng a reasonable attomey'a fee and custs of abst~acu of title, incur~ed or paid at
~-.y +ime by said MORTGAG:E, because or in the event of the fa+lure on tne p~ri of th~ sa:d h10RTGAGOR to du!y, promprly and Fu,ly perfwm, d~uharge_
.~~cute, effect, tomplete, comply with and ab:de by ea:fi and every tha st~pular.ons, agreen~a~irs, cond~tiom~and covenann of said prom~:sory ~ote and ih~s
n.;;-ryage any or e~~her, and sald costs, charges and expenses, rach and every, shaN be im~n..~d~ate!y due and payabte; whether or nof ti~ere be notice d~
•,~a~~d, attempt to coUect or suit pand.ng; and the tull a~nount oi each and evrry such p.~~rt:rni sha?I bear imerest from the date thereof until paid at the
+ o' n~ne per cantum ~-~r am~c:n; an~ aii said c~sts, charg¢s a•+d . xpens:s ~rxu~red or Naid, ioyett~er w~th au:h interest, shall be sewred by the I~en ol thii
mo-tgage. ,
6. That (a) in the event of any breach of this Mortgage or defa~lt on th~ parr of the MORTGAGOR, or ;b) in the event any of sa;d sums of money
hrre~n ~eferred to be not pro:nptly dnd tully {wid within th~rty (30) days ~ea~ aner ir,a sa~~~r severa:t~ beco~t~e due and payable, without demand or ~ot(ce,
•c) ~n the e~ent each and every the stipulauons, agreements, cortd~no~~s and covenenri of sa d promisso~y nae and th~s mwtgage any~ or either are not
Y, p~ornptiy and f~lly periormed, d.scharged, >xec•.,ced, effett~d, comF~;FtrJ, con:N„eci .•.nh and ar.,ded `,y, then in e~ther or any such event the said ag
~ate sum menhoned in said promissory note then rcmaining unpa~d, with inirrest ac:r~zd, and a~l moncys setured hereby, shall betome due and pay-
_ for~hwith, o~ rhereafter, at the opnon of s~id :110RiGAGEE, as tut!y and :omp:e~c:~• as if ait of the sa~d sums of money were ongina:ly sr,puiared
br N...d on s~ch day, anyihing in sa.d prom~ssory note or ir. th~s htvrrgag ~ ro ~he cc.r~.~.y netr.i~hstand~ng; and thereupon or thereafter at ~he opt~on of
s.d MORTGAGEf, v,+rhoot nonce or dema .d, s~~t at law or i~t eG~A~, the~etcre or tF~,.resfrer begun, may be prosecu)ed as if all moneyt secured hereby
:1 ma!ured pno~ to d3 inslit~tiCn.
7. Thar in the event ihat at tl:e beyinn:r:g of or at ar.y tf-„e pend ~,g aay salt ~;,c~n thSs Mortgage, or to loreclose it, or to reform it, or to enforce
~~.~~~eM ot any ci~i~ns hereunder, sa~d S'!ORiGAG~: sF.,lt aFply ro th~~ Co~•t ha.~ang ~u~~eei•ction the~eol (or the appol~tment of a R?ce~ve~, such Ccnirt shail
~ .•nth apYU~nt a ~cce!ver of said mortgayed pro:: ^fy ai~ a~:d s~~ig~lar, ir.c,,,!~~~y a~•u s~~..i~iar tl~e income, profrts, issues and revenues Irorn whotever
drrived, each ar.d eve~y of wh~c~~, ~t t;e~ng ._xpressy ;;ndentoo~, is Fe:_by m_rr3~q~d as ~f spec~fically set fath and destribed in the 9ronting and
e~~dum cfauses hereof, and wch Recei~er shaii h.,e a:t thc, broad and efiecrire (ur.c! o~s a„d pon~ers ir. anyw~se ent~usted by a Co~.t to a P,_ceiver, and
s.!, appointment shall be rrade by svch Ccurt as an ad~n,~rt•d eqc~fy a~d a r~ atte. of acso~ure r;gM to said MORiGAGEE, and without refe~ence to the
a:3cy or inadequacy ol the vaive of the property mo~tg,;ged or to the so tie~~y o• ;';.e ,c~ of sa~d MORiGAGOR or the defendants, and thal suth
~s, proirts, income, issues and reven~zs ahall be appi~ed i,~ wih Receiver accvru~~:g w the iien or equny of said ldORTGAGEE and the p~actite of wch
~~-~urt.
B. To d~iy, prompNy and fully perto~rn, d~scha.ge, execut.~, eifect, co-nplete, co~:,F:~ wlrh and ab~de by each and every the stipulotions, agreements,
dlr~ons and covenants :n sa~d promissory note ar,d eh:s mortga3e set forth.
9. Tha~ in the event the ownership of the mortyaged pre~n~ses, or any part thcr._cf, 6ecomes vested in a person other than the MORT('iAGOR, the
•-~~G~1GEE, its successors and asvgns, may, wi~he_t nonce to the A'IORT~GOR, dee; r,irh SJC~I wccessor ar s~ccessor in interest wirh reference to thls
, „'gaye and the d~bt hereby secured in the same manner as w~rh ldo:t~aqor w~thout in e~y way vit;ating or d~scharging the fllortgagors' liability here~
•r or upon tbe debt hereby secured. No saie of tf~e prem~ses h~reby moetgaged a^d no fo:bearanee on the part of the /AORTGAGEE or its successon
,ss:gns and r.o ex!eni,on of the time for rhe paymenr of the debi hereby zecured g~ven by the fdORTGAGEE or its successors or ass~gns, anall operate
e~_ase, d~scha:ge, mod~fy chenge or ai:ect the or~g;nal I~db:hfy of tne :'~ORTGAGOR herein, either in whole or in part_
10. It is spedf~cal:y ag~eed that tlme is of the esse~ce of ~F.is :o-tract and ihat ro wai~er of any obligat~on hereunder or of the obligation se-
._•ed h.reby sha'; at an~ time ~hereafier be hetd io t~ a we~+er of the tern~s hereof or of the instr~ment secured herby.
11. tn ,xi;l.t:oi to ~h~ fo~egC ng month!y payn^nts of pr~~,c pa; an~ inreres~ •eq~,red by the prom~ssorr nore secured hereby, morlgagor eovenants
~ a a;•ees to p~y ro n,o:fgrgee ~~rh ea:h mon!hty ;;ay~ ~en+ an add,ricna~ sum rst ~ ated by mo~tgage? to be equal to 1~ 12 of the anr.ual cost of the follow-
A-Alf rcal ~:repe•ty ta,~as (e•:ie.a, or ass^ssc:i a~,i~~st the abore dcsvibc•d r~al es•ate
6- Pr, :u~ns on fire and Y~i~:dsto~m ~rsurar.ce as i~erein r~q,;.red to be carr;eci e~~ ine :mproveme~~s s~tvate on the above d~scribed premises.
C-Pre~r,~un,s on such mortg.rye guarant~ irtsvra~ ce as mo•~gagee shap fro~~ t me ro time deem fit to carry on the (oan secured hereby.
4lortgagee sha!i !rom timW ro n:ne ~~or;c~ ~~;crty>g„r ~n v.~.tmg of the amou~t d~e and payable hereundrr and such sum shall thereupon be due and
, ,i;:e on th•_ due daie of ih.= r.•_xt ~,:o~rn:y par r.enr and each success~ve TGR~h rhe~eatr~r until mortgagee shal( nohfy mortgagor of a change in such
~~nt. Such sums s~ait be appi~ed oy mortgay~:e tcv.~rd tne pa~n,ent of rea! property taxes, insurante prem:ums, and mortgage guaranty insurance
~~ms.
x If~; 1l,IITMESS Y:HER%OF, rhe sa~d 1'AORTGAGOR has h~re~nto set hls hind and sea: the day year iirst aforesaid.
Signed, $ealed and deiivered in the presence of:
t /
f It..E J 4V:, ?;4L"~D£~. ~ ~ u=1/j
i"~ - 57 tl.~~!F_ :.J~~tiTMfU. ~nnis C ^
- - ~ - FOG_ ~~•Tdl13 Q r (Seal)
- ~ CLE°t . U:i G^vL+iiT ~ ~ " k 1 Sea!
' t ~'i ( )
, ~ - - ~ -1~ orrrr~, . = Eleanor Lehner ~s~ap
i : ~ ~ oF FcoRioa % f ss. ~ ~ ~ ~i3 ~77 ~ i ~ -
,~.TY oF s~ LuG~~--- _ ~ 306'721
8efo~e me persona~ty appeared _ ~enn1S C~ Lehner
end
EleailOT LQhi1QT _ his w1fe, to me well known and known to me to be
individuats descr~bed in and who exec~ted the forego~ng instrumem, and acknowtedged before me that they eaecuted the same for the purposes
` _-•~:n expressed. And the said_ - Eleanor Lehner
f ' -
cf the sa~d Jenn15 C~ L_t]n T upon s separate and private
~ nat;on by me taken separate a~d apart from her said husband, ack~owiedged to and before me that she exetuted said instrumero freety and voluo-
; a.~d w~tho~t any compu!sion, constroint, apprehens~on, or fear of or fiom her said husband.
WITNESS my hand and officia! seal this day of______~Yil A D. 19 7S
~ ~-,~t~
Notary Pub~ic in and for the e of Florida at large ~
Return To: My Comm~ssion expires: ' /0 3 v 7G
f:rst Federal Savin~s d Loan Asso~iat;on
Of fort P,erte. ..~'.S:~~tt:t:l~rea.'
Foir Pierce, FEcr~da ~ -
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` This Instrument Prepared By E2obert A. Sivisher Jr. J'' : '
~ First Federal~Savings & Loan Association ~ ' ` ~ : =
of Fort Pierce~ Florida 33450 c
F Checked By $O~x~~ p~2627 . . -
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