HomeMy WebLinkAbout2846 To p!ate and contin~ously kraF on the bui ~3m~~ r,c+~ or h•,reei~er ~;tuate on sa~d iand and on al! equipn,ent and persona~~y covercd by this mottg-
n~e, w~lh all premiums thereon pa~d ~n iull, ! re i~s~r., •ct• ~n thc ~a...ai stand:+rd po'~c~ form, ~n a sum appro~ed by the Ml7R:"v~GEE, a~d windatorm
;~surance in the usual s~a:~dard poCcy fonn, in a au~~~~ ap~~~ove~ ty ~he MORTGAGFE, ir. such con:pany or co.npan~es as ihe MORTGAGEE may
~1~r~•cr; and all fire ard w~nds~urm insv~ance po!~c~~•s on any of za~d bi,~~d.~ys. any inte~tst the~ein or part thereof, in the aggregare sum sforesaid or .
~n exceas thrrcot, 3t~~tt ;ont.~in tF~c vs~ :1 st~~.d..rd morr~ +~ce cli~ie or w<h orher c', ~~.se as ~he 61o~tg~
~ee may ~equ~re, maA~=ig ~he ~cis ~nder sa:d poli-
:~es, each and every, payab~e eo sa~d A~.JRfGAGtE aa ~is u:~~r~si n~ay apprar, o•,d •ach .,~,d e.e+y such ~c/ st~aJ he pro~npi~y ass9~~ed a~~d drt~vrrrd ro
a~:~ held by sa~d A10RtGAGEE a~ fwthai •ecurity ~o sa~J n,u~g~3e dabt, jnd, nor ;rss N~an ian {10) days in ad+ance of ~he expiranon of each poticy, to de-
..:er ro said A10RTGAGEE a renrv~•al thereof, toge~her w~~h a rec~•:p~ for ihe pr~~ n~:,m of wch ~e~:ewal; and tt:ere sha;l br no iue or v.h~dsionn insurance
p!aced on any of sa~d bvifdings, any interest there~n w pa~t rhen:oi, ~~~?~ss in ~he {cnn aod w+th the Icis payub:e as afo~esaid; and ;n ~he e•.cnt any sum
of n,oney becomes payable under wch paicy o? poGcies sa~d 1AORfGAGEE s4ai1 havn ~he oNt~on fo recerve ,;nd npY!y Ihe same on bccount of the indabted-
r?rss secu~ed her~by O~ t0 pf~mil Sai(J 1.5l~RTCiAI~'iL~R$ ~o ~eCeive and ufe il O~ dny ~•ort 1f~-r~~J1 ~or O•~~"~ y:ur. :.ics. c..~h~uT 1hr•~..~; ~7 ~:r rnpair-
in~ any equ:ty, lien er right under a by v~rive of this moc:gage; and in the event :a:d MORTI'aAGORS sha;l ;or any reason tail to keep the said premisrs so
~.r~scrrd, or feil to dr~~~~t prOrnplly dny o1 Saic~ {:oLues c1 ~nscrance to sa:d MORIGAGEE, O~ tail p:omptly to Ndy ~uily dny prem~u:n therelor or in d~y ~
:rs~ect fail to perform, d:scharge, execute, e(Fect, co~~~p;era, co~~,+,ly vv~+h and ab~dr hy th~s covenani, o~ any part h~~reo(, said MURi;;:.GEE may p~ace a~~tl
p+; ior auth insurance or any pa.t thc:cof w~thoul ,naiving or aifrc,tng an~r o~t~on, iien, equ~ty, or n~ht u~.Jer or by virtue of th~s Mwrgage, and 1fiE
I amo~nt ol Cach arid evrry s~~ch paymeM shall be :..~~neduteiy ~~e and pa~at;ie drd zhalf b_ar inter~•st troin tha date thereof until p.;id at the tate ol •
• par c_.nt~.,•i ~.er .~~u~. ~n .~n,u r.y:.ri~, r.c~th s.r,h ,n~~:, sr .i~~~, ~ s..:.,r:•J iry the l;en o4 thn mortgaym
4. TO ~rmi~, canmit o~ s~~F!^r no wast~, ~n:pau+:~ent o• d~trnorat:a~ vf sa~d prcNerty or any pan ihereof.
5. io pay all ar.d s~ngvlar the costs, char9es a~:d e¦c:e~~srs, incl~d~ng a rraso~~ab'e atromey's fee and costs of abstracts• 01 title, incurred or paid at
~in.e by i~~J 1~1URiGAG:E, bet~use or ~n rhe cvent oi fi~.r (e:i~re on th-: p~.i o"r the s.,~d h10RTGAGOR to du:y, promNtly and (ul{y perform, d~scharge.
• c~te, e~~ect, Complrte, Co•nply w~th a~~d a'.,.dr by racti and rvrry the snpuiafw~.s, ayre~~ •«~nts, canda~ons, e~d covanants of sa~d prom:;sory note and this
~~~~ge any or enher, nnd sa.d costs, cha~ges d~•~c~.~~+~s~•s, racfi and erory, zi~e~i be ~mrn~•diately due z~~d payable; whAther or not rh~•re be notice dr
nttempt to to:leU o~ suit ps.~~~d,n~; rnd rhe f~l: an:ount of eoch and e~r~y such F;.•ymertt slwll bea• interest from Ihe da~e thereo4 until paid e1 the
n~~;e uer ccnr..~n Her o~,~w.~r anu a~~ s~~d c~.i~;. che:_~rs ~~:J iK:.~•~.s••a ~nc~:red or ~;o:d. ~uyrther wdb such nuerrst. ihaU be Setured by the lien of thi~
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6. That (a) in !he e~ent of any breach af th~s Natgage ur dc~au:t un ehe part ci tl..~ PIORTGAGOR, ur `b) in the event any oi sa~d wms of money
F~-•r•~n ref~rred to be not pron~pt:y and +~tiy F,a~d v:i+h~n th.~ij ~.3J1 da,rs next a•!~•r tt:e s.~~~:e se:era:l~ tecun~e d~e and payable, witho~! demand or nof~ee,
_r c~ in thr e•:eM ~~ach and every the ifi~~~'~~ic,ns, aqree•n?nts. co^~c.+r~_ ~s ar,-1 covena-ss oi sad pron,;ssory nu~e and th~s mortgage any or ehher are not
1,:.;. ~~ro:nprly ar.d i,::t~ perfarrc;ed. d sc'~e~g•;d, .,~e:~:t,.ci. e~iect~d. cu-~:;,!crecf. c. +;c.~.ed .•.;th and a~.~~ied :y, then in e~ther or any such event the sa~d ag
:,>>•a svm ment~u,~rd ~n sa~d pron:~sao:y n~te tiien re~,a~~:~ng un~,a~cf, .,~rh ~~~!r~s-;t ~c:~;,ed, and a:i moneys secu~ed hereby, er~all become d~e and pay-
a,•~ forchw~rh, cr ih:rratter, at the opr~o:~ o~ s,:3 :10B1G~.GEE, a: ',:ty arz:i co~nH.~arip as ~f ail of ~h~ s.,id sums of mortey were or~gina~ly st~p~{aTed
pa:d cn wch ~cy. .,o~~t.~r~ ,n n,:i ~,rc ~..sscry ~~ore o: i~, ti,~s Moreya~.: w ~h.• co•,~rary no~.v,rhste,:d~ny; and th~reupon or thercafier at the opt~on of
'hORTGAGEE, ,n~~ho•.rt r:o~„e c~ de:~,ard, s.:it nt law o~ in eq~:t~, therct;,.e: or thcr•~aiter brgun, may be prosecuted as if all mo~eyi sewret~ hereby
~ niatu~e[~ pr~or IC :?s in51i7uti~n.
7. lhat in tHe ev~rnt t}:at at fh,_ Li~g:r,nng .;f ur at anf tune pcnding a•iy su•i e,~on t4us b'~atyage, or to foreclose if, or fo relorm if, or to en~orte
rt of any c•,•.ns hcreurd~~r, i,;d ;:.~R7v::v_~ sh~:! aE.p!; ~o the Ceu~+ h,r:~• y i.,-.~ri.:..or~ t~,•.r~er for ~he appc~ntrnent of a Rete~ver, such Co~rt :hall
~h ap~:.c nt a«__-~.er of s_,:d ::.,~'y.jc~d {.r,.:- ty n:: ~r~d s,<.g;:;a•, fr.c:uc •~y ,..a} s, ,_~u~~r t+:•,± ~~cone. pro4~ts. issues artd revenves from vahaTevef
. : t!_r~ved. :..:i~ ar.ci ~_.ery u~ •.vi..!~. c.•i~.c; •css y,::.de:s'~oci. ~s i_..::~ n_. ;:c~._d as if s~,ec.t~cal~y set forth and descnbed in the granting and
•..•.,~~m c a.,ses her~~r~, oad s.,ch Recri~~•* s'~~~~ h:: o~t th~_ br;,ati a• ~ iie~c•.. • tu~ ..,r~d po:.ers in any~n;se entrusted by a Cou~l to a Receiver, and
arpoi~~rre,+ sl ~:l te r.~~de s~•ch Ceurt as nJ n~~+~~d eyw:~ ..r,u a e.,tt~ r ct .~,c:~fe rght to said MORTGAGEE, and withc~t teference to ihe
-cy or ina3ey. ~cy of i~•c va;ce o` Th~= ;..cFerr~ n,c~tg,qc-d o• ec 'i;e so c, c• •:r':cy ot sa~d I~AORiGAGOR or the defendants, and th;t suth
~s Hrofilz, +ncorre, ~ssurs ar.d re+.:~,~es sha:, be dH}.LBd 'o~ such Rece~:er ,c.ur~,._i rne l~en or equity of sa~d MORTGAGEE and ~he praetiee of such
. _ rt.
3. To du'y. Fru~ ~.~:y ~ad f~l~y pe~`.~~n:, d:;cnar:~e e,e:;,r_., e+:cct, cc~np,~•r~. c. , n-,~h a~~d ab~de by each and every the sriputations, agreements,
.n3 dr.~ L...-..on~5 "1 s:~:] "rom~5S0'I n(,in ti~.s n:~r;y))C sc4 tortn.
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9. i~.~r _'r.:~ ,~r ri.r ._ory,,~,.d ;r.,.: c:~ F.,re v._~•:u' :~co~n~s vested ~n a pe.son other than the MORTGAGOR, the i
-?~,.=,GEE, irs s ,.:s , . „ , , ,c•.c~ , i~ i ,,;;t; S~,~h s~cc~•ssor or successor in ~nterest w~th reference to this ~
;
a,~r a.d t%~ ~,t r!.~ •tc r~ as f.:;h '...rt~~_~o' f. c!:_ut in e~.~ way vit.ating or d:s~haiyin9 the Mortgagors' lijt~iiity here-
• er uco^ d-::~ . , c~ . s~~s h~r<~. ~~~c•~~~ ~cj-,1 o:.d r,o ior~earance on the part ef ttrr 450kTGAGEE or ita successors
_ ;-,s a~.d ~ _r•~~ ~ ~ ~ : , r ; .~y . .,r u_i,+ h~ • r. . ~_r.•e•d g:.~ri by the 110RTGAGEE or ~is successors or ass:gns, ~~~all operate
-:`e, dac::~ y_ , ! f~ . , ~ nr ?•ec~ t!~e c ,r~ ;,f . _ ~~1'v:?GOk 1~e.e~n, e~+he~ in wnole or in part.
10. Ir Is s~._c':.-!:; __<,d r~.;. r~.: ~s cf t!,•: <ssr.. . c;f ~f.~s co•~troct ar J tF~.~t no wai+er of any ob~~~atfvn hereunder or of the obtigat~on se-
ed h~reby sha:: at a;:r ;u-e rhe~,a+!~•: !,.,;c! to G_ a...,..,. o' •hc• .errns here~f rr of ti~e ir.str~rnent secured herby.
t I i„ ~ ; + ~ << , _ . . ~ . . _ F . _ and ~ ~ ~ re ;u.:e~d t,y the pro~n sscrr no~e s~:ured hereby, mortgagor eovenants
, s ?u ; r, ~ _ ~ , , ~r r.~ s•~~~~ _ ~ :i f rnerr~~gee to be ey:,al to 1 1? of +hr a~nual cozt of the to{low-
G-~;: .:f:.~.,ltp }.3~~:-i c.. . G' . ~ S' t`... _ r:'.,..
, ~ Pr cr, t.r,, -.i.r; ,r cc r,.., ~r. , q,..;.~i i.•• ca•~,. J c: the i~r~ rov.,ments s;tvate un the above dcscribed premises.
- _ P•: s o~ s~cti g,.,. .~y , s~,~ . ~-.o~t., ;~:3;~ fr~ dr~•m fit to carry on the loan secured hereby
t.~.~rt ~..~rr +c i:. r~,r r; :3: ~n w•:hrq o+ tnc - t ti.;r and payahle hereundor a~id such sv~» shalt lhcrcuFwn I~e due and
i e cn ti~_• cw, e.• - c~ :.x• , o^ ~ r ,.~r _,•t .i•:.? ,,c~, s~cc:,ss~vr .^th tFr•'aft•:r u~.til merfgngee shall not~fy mortgagor ~f a in such
S~ch :r~s s~ ~:e .~F.~ ,,d ~n:,r•y,_;,~• rr~:..v~ tr.~, „ ;:eni ef rz,~ Fr~f,~rFy taxes, inr.rrance p m anJ mortg guaranly insurance
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I'd t'11T'lESS '.ti4~R;0E, sad ~.,~~F'~CiF-:,!iR i~~s h"re~•~tp se! ~;,s h:ir.~f and s^cl ihe day and firs 4ore id.
~ Siyned, $ealed a:~d d~•'~:ered in th.± pffSe~C~' of:
~ flttD s~= '•t'%'~yDEO
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I l~ - - - _ ST. Ll'r~' - )~;hT1' f LA. (Sea1)
i L.~-'~/~i_
f_.a~~:~~~E~~Y3r~ _ Q( ~ AS ~
I ~-~~''?is~6'L--- 4'~ _ C:E= . :GJR ~ (Seal)
f " ~ - , . : ~
~ : _ _ . ' . .
_ _ _ _ ' ~SEa~~
~ =~?E OF FLORIDA ~ ! ~R C~ ~v ~H'~~
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€ ;•,rv aF S_t_,...Lucie------------ - } ss.
~ - ~
` obert chott
~ Before rne personally ap;:e~red ~ -----_-y! ~ _ and
~ ____________________SUSdfl_f~. SC~10_tt_ _ his wife, to me wel! known and known to me to be
~ rtl(~IJIGIUd~S dascr;!,._-d in anrj who eae.ured the fo=ego~nq ~ strument, ~d acj~ o+~ edqe before me that they executed the same for the purposes
~ ~r~n expressed. And the said-_____ ~USal1 5C170i~ _
F • o{ the sa:d _ _ _ _ QQ~2e1'~_ji- ~CtlO~t___ _ _ upon a separate and private '
~~at~on oy r.~r Ta4~n separate ar.d apert from her sa~d husF,and, ack~o•Nledged to and before me that she exetuted said instrument freely and volun- ~
~ ~ ar:d w tho~t any cemp~;s~on, co~~stra~nt, apprehens~or., or fea~ of or from her said husband. ~
~ `:lIT[~:SS ~n~ i~ar,J ar.~ effat~ai sedl th~s i • A. D. 19 '
~ 25th.- - _ d;~ of-- - ---A~ril 75 '
~ ~ .t'-L o~
- Notary Public in and for the State of ?lorida at large
` My Commission eapires: '
s
Re!:i~n io:
_ r.r-....1'1~~~~1t.
r rst Feci~ro: C~fin_;s 3 Loa~i Asscc::,t~on " , ..;7
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Th~s Irstrument Prepared By Richard K. KaVes J ~
~ First Federal Savings 8 loan Association " . ~ "
Y of Fort Pierce Floridd 0 R e~ - " ~ '
~ ~ 600K ~:c~ PACf 25~7 ~ . - ~ _ ~ ;
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