HomeMy WebLinkAbout0829 9. To plate and cont~nuously keep on tt.a b~;:d~ngs nuvv w hrreaftir ~jt~:3te cn sa~d ~and and on ai~ equ~p~nrn~ and perwna~~y co.errd by this mor~g-
~9e, w;th all prem:ums ~h~rron ~:,~d ~n full, f~re ir.s:,ra:u~• ~n the .,s~i: sren~a•J µ~,~cy iann, in a sum aHproved br ~~~a MUk~ia::GEE, a~~d w~nde~orm
nsurance in Ihe us~al afandard poLcy io~m, m a:vrn approved by ihe MOR1(;AGEE, in tuch to~c~pany o~ to+npanies as the MORIGAGEE may
d,rru; u+d all fire and w~nJirorm inwra~~ce poi~c~.•s on a~y of s~id tw~~d~~~gs, any inle~cat there~n ur parl thr~eoi, in Ihe aygrcgatu wm afaesaid w
in rxtess the?eo(, sha!1 ;ontain the usw! sfa~:da~d mu~t9~9re ciavse o~ s~~y othae c!a~se as the Morrgagee may ~equ.re, ma?~ng tha ~~s~ ~nder sa~d poti-
c~es, e~ch and eve~y, pay~bie to said A10RiGAGfE as ~~s ~n~cr~,st may appear, a•,d ~•ach a: d evcry svch po::cy s1~a~l Le proo;Nr~y ais g•~rJ a~~d de~ivared ~o .
an~ he~d by said MORIGAGEE as funher sawrity to s~id r..ortyege debt, and, no! !ess tha~• ten ~SOi dars in aJ+a~:ce of ~he expiratio+~ of cach pohty, to de- ~
~..er ~o said MORiGAGEE o renevvaf therrof, Toge~har x+th , rrce pt (or thr p~r~•~i~~ n oi wch 'renrr.a'.; and thrre sF.all be no iire ~r winditorm insurante
p'aced on any ol sa~d bvi!d~ngs, any interest d~rre~n w pa~~ ticreof. ~n'~ss In fh~ t~rm a~~d with the tcss payaL:e as aforesa~d; ar.d ~n the e+ent a~y sum
of r„onay heconxs payahte vndr~ such pulicy w pot~ucs se~d MORIGAGEE ahaN ha~e ~he opt~on io rece~ve snd apyly the same on acco~nt of the indrbted
neii aetv~eCl ha;r•.by O~ ~e permA s~id l.1URilaA~i~RS t0 rcteive dn, ~ae it or any ~~•t rha:cof i.:r C'~~rr pur;~~:trs. c.~m~:il ih-•e... ~~,c,~.~.~~ tr ~mp~i~•
~rg any ea~~~ty, i~e~ or r~ght und•_r or by virtue of this mcr'gage; and in Ihe rvrm sa d A!ORIvAGORS sha? tcr any reason fail to keep the ea~J µrem~s~•s so
~~~eu~ed, or lail tp di°~~ver proc~ptly any of s:id ~%c1,t.es of inaurante ?o sa~d MORii;.4GEE, Cr Fai! p:omp!~y to pay ~u~ly any pre~~~~vm there4o~ w in a~y '
r~•s,rct fail to prrform, d~scharge, exewte, e~frct, co:>>p:r~~, cor.p:y wiih and eh~du by rh~s covene~~r, a any pa~t ha~eof, said MORi~ ~GEE may Hlace ard
for suth insurar.ce or any p,irt thereof vc~rhaut waivirg w affecting any option, i~:n, eqv[ty, or ~ight unde~ w by vi~tue uf thls ilortgage, and the ~
amo~nt o! eacA and e.ery sv:h pay~nent sh~I1 be ~m~r.ed~ately d.:e and Fayab'e a^d shaii bea~ ~nt.rr<st from iha date ~hcrcof ~~:til p~:d at the rate o!
e per centum [:Er ~nn~~.•~ a~~d t.~~eli ~e ~~~+4~ s~.~ci, .~•car Shal• i~.-. ~e.;,r~~d by ~he I.en uf thii murlgag~.
4. To pennit, comm~t or suffer rro was!e, in:pd~rm:r.l or dcie~~o~at~on of sa~u proF;e:ry w any par! th.:reef.
s. Tn pa~t all and singular tbe cosrs, ch~rges and eipenars, inctudug a reasonai,le attorney's fee and costs of aEst:aps o( title, intvrr~d or paid at
;~~~•:e by sa~d 6tOR1GAG~E, beca~se e~ in the e~r:~t of the fa,wre on ~he ::art ot the s.,~d htpRiC~AGOR to du~y, prompNy and f~.:y perform, d~scharge
•~~w~e, efiect. con+;:lere, co~~~ply w~th a~~d au.Je by ea.h a~~d eve~y ihe snNu~a+~ons, ag~~e~n~nts, co~dnions, and cove~~ant: oi se~d p~o:n~sso~y ~ote and th~s
_rrgage any or r~~her, a..d sa.d costs, charges :,~,d .:xpenses, each a~x! eve•Y• sh3!1 be br~:nrd~3tely d~e and payabke; whether o~ ~ot there be notice d~
n~, ' ..°-^nt !o coi:ett or su~i pa~~o~ng; and t~e f~tl amount of each and e~ery scch p~ymenl shall bea~ interesi from the dat~ thereof untii paid a1 the
r.~•,e i.cr ~~~r ai: _.:d ~ v,. _n~: ~~s a eJ er.s,~s :nc~~,~d or F•;.•:1, toyrth~: :v,th svch ~nreress. shali be sewrecl by the Lan of this
c~rgage,
6. That (a) in thc event of any brench of th~s Sto~~gage or drfauir on rF~ p~rt ef d:e A!ORiGAGQR, ar ;bl ]n the event any o4 sa~d sums of money
h,~•e~n ~eferrrd ro be ~ot pr,.•,ptiy and fuU/ Fa~d .•:,rh.~. ~h..~y ~3~]1 doys r.ext a•ter thc s~me sr+eia.ty become due and payable, w~~hout demand or not~ce.
_.c) in thr evene ~ach and eve.y ~he s~ipv:atwns, ~grer:nrnts, condn:ons and c~+enar~rs of sad p.e:n~sswy note and th;s mortgage any or e~ther are not
, er.o~~•pt~y and i~;Py cu~rt:ur~~ed, dichar;i=d ~._..r•_d. ei~ec~rd, co~n~;:e~ed. c.~,~;.i,ed ..,rh a,o ac•Jed 5'/, then in either o+ any wch evenl the sa:d ag-
. _~te sum m.en+i~:~ed ir. eaid prc•~~:isory nof-~ H~_n r.=.•:a:n:n~ vn~:a~d, w~th i~;t.•r~;t acuued, m:d a i mon~ys src~red hereby, shall betome due and pay-
~ forthwirh, or ~herre.`ter, at ihe op•.ot c= s_~:i ":02i;~AVEf, ae fu~.y a~x1 car,F~:r.~'. as ii a?1 oi i!~< s.,id sums of mone/ were o~~ginatly snpu:ated
_.~.n.d on :vch ciay, ~nti•~h~rq in sa.i pr.: ~:.;~r~ -.r.te cr ~n ih~s :"•orryag.r re t~~^ cc~nra~y r,oi:i~*hst~r.d~~~g; ond thereupon or thereafter at the opr~on o.`
.'.ORIGAvEE. +.~~~:ur -.o~~:r c~ .:en:e~:U s~.! at ..w or in eq~ity, Ti~~~ef.~re o: ti.erca'rrr begi~n, may bc prosecut=d as if a!I moneys secured hereby
i ..~a+wed pr,or to ~es ~•:st~~u'ion.
ii;at in fhe e.,~:s r~..+t ti,e be~~r~,~:~~g _:f or at any fk~ne ~.end~~~n a~~y s., t ~YO-, ti.is Mo:ty~xge. o~ to (orec:ose it. or to reform it, or to enforte
,^t ot any c..:::s !e•:~ -,f_-. s~ c; ..~•Rt;,~.v. _ s`~a'i ~~:p`.y ro rf.e Cu.,n ha.~ .g ;,>a r.~o~~ fhe~cof ior rhe appantment of a Receiver, si.ch Cc~rt shali
:nt a r.:_r~..;r r,! s. :d r., ty ,yc~c! : eI! and s:~:}~~'a•. i~.c.;:,! s ar t!~~ :nco~.,e. p-cf~ts, ies~es ar.d reve~~ues from wh~teve~
~t r~~ci. ;.,.:h a~.~~i _._:y of v„~~~6, ~t .:y .=.E.•rssy u~:~~rs'~acl. .s 1.. ~-.;cd ~S i~ Spcc.fi~a::y Set iOrth and described in the graming and
•:i.n: :'a.;ses he~._ct, ,••d wch Rcca:::r sha:! i:,.~ a,i •he n~oad a:,d ei:c<> iur:~ ,+~d po:.ers i~i anyw:se entrusted by a tourt to a Receiver, ar.d
s. p~inrme,r shal: bc r:.ade by svth Co~r, as en ada~:r~~d c•;u~~•; ..::ri 3 ea'!~~r cf et„o.,;e r~qht to said h10RTGAGE[, and w~th~~t referente t0 ihe
__c~ er i-.adey,ac~ of ira tid.VE of tn_• ~.rcu~rt~ rr.o•~a.,yeu or to ~n, s:,.... ~cy ;r „na~er.cy o( sa~d h10RiGAGOR ot the defendants, and that such
s ~ro':~s, income, ~ssves and rr;-r..~s sneii ce a~Yl~;:d b/ su,h R~c~•~:c: ~._r.i,.:~ che iien or equity of said fdORTGAGFE aad the practice of such
_ _~L .f
3. Te civ`y, F::cm;:i".y a~d .'u!'y f:er~~•m. ;i~xt.arae, e,cecute, eiir:r. cc-r.;~ ~~t:• ,~~::p., v~ith and a~ide by each and every the s2ipu+ations, agreements, +
1+,ns ~~d c.:v.na:irs ~n s„~ pro:.,;s;ory r,cse a:d rn:s n:~r.gag.= s~•t forei:
9. T~.a~ ~n tfc eve^t :he or:re~s^i~. of th'e~~ :.•r~,gcd E•re~••.ses. o~ ~.>•t t'r:.=reot. Eecomes vested in a per~on other than the I'JIORTGAGOR, the
_ ._:'G4GfE, i+s s~cv~s:;rs a^.d as:.g~:, --o~, .•:..!~._c ~c+.,~~ ~o :t<7k~;:,:•:;R d~_o: v.~ch such wccessor o~ successor ~n imeresT wnh reference to this
;.~ge ard thC Cc~i~! i.~r~by •_-,::ed ~n •i~.. s_ i:;' a5 .ti:tt~ _r±~,g_•r .n:th_~t ,n e',y .•,ay vit:ating or d~SCharging !ne /Aortgagors' lidollety here- i
~ or v;.~n !he de;,~ i~e:e~~ ~,.-.d. ,:c s~ ~ o~ .~~s h,•r~~c; :.orta;g.rd _r~ no lor~earance on the part of the ~dORTGAGEE or its successors }
~~•s a:.d no exra~~s.o~ c f rhe r, -:e <~,;,9 t~ e d.•hr , sr,-.uea y,;.~n hy the :J!ORTGAG~E or ~rs successors or oss~gns, a~~all operate
se, d,scharge, r..od;`; c~.a~:~e o~ ar~rc~ t~.e :_:~3 i~.:!:; ti ef Y.._niG%vG~l i~ere~r:, either in whoie or in parl.
It is srec:Elc- t,~ _~.:d .~at Is oi rt.e ~~r•-~~:e ~f ri :s co-,:ract a~:d fhat ~,o wai~er of any ob!~gat~on hereunder or of the obligation se-
d hzreby s~a : at any tl •:e~ t~:~~ea`ter :,e r.e.d to c.e a w.:;.rr cf fh•~ 'srms hereoi cr of the instrv~nent secured her6y.
~1_ In _:i.l.r,..: •o rr•,..q_ ;.,:.,.r..,•q .,f and __e ~e•;u~~:~d bf the ptcm~sscry no'e secured hcreb~, mortgagar Covenants
es to pa~ •~....r_:~::cc ..:•i~ e.~-:. ~.T ~ i; s:,-n cs• ~ a~ec: t~ ~~;o.tg,gee to be eGuai to 1 12 of tne an:,ual cost of the fo~low-
q--Ai! r.a~ F,:ope~!. t~,. ~s ar 7sz,.s:. ci sr a. ~v; dr;-•, .•_~I _3i c:~~~~-~.
j o-~•_ c:i fi~_ .,~.d r,: :d,•?: • u;s,~,:: ,c; ner;:i~: -;a:,:red ro be .~~.~r:~ c i lh~ imrroveme:~ts s;tuato on ihe above described premisei.
'I C P r_:• s o~ v-ti _:1^ ry.:..• ~rs:. a e., R~-tyaqce sha" f r..> ~o t~•r,e u'eem fit to carry on the loan secured hereby.
.1o tg gt.• s.~ 1-:;-n ~ te •'^P co f; mc~~_.,g. •n v,: t.n3 ot th~ . o.:~r ~l~•r ard p3yabte hereundrr a~id such svrn sha!1 tnereupon be due and
. .
~ o~ ti;: cl:~ _ r" . ..r .~nr ,.:d e c!: ;~cc•;ss~ve nc~.th ±.~-eafs,r v~:ti~ mcrtgagee shall not;fy m.o:t9agor of a change in such
Svc.^. su*ns s•~~~~I he ar_:~~.~ed b r.o~~.c~ •..~~ci !i:e ,~n=
~ Y ' d _ t'~ nt cf r~~31 p•.persy taxes. inwrar.ce prem.ums, a~~d mortgage guaranty insurance
!
~ S.
E i'3 ;~ti~;E~S :~H:n~GF, ~r~~ sa d~~OFjVYJVK i~;s nerrr:to se• n~s h,:.~ ard sca! the day and ar first a(oresaid.
E Signed, Sea'ed and dr'~ve.ed in the presence of:
~ ' ~a~
~
~ -1~~~ - - ~ Den e P. cs~aq
s - - -
~ ~ ~ - - Sea4
~ ~s:.~-~ t N• ~ICD (Seal)
~ '
~ ` G~ fLORIDA ~
St. Iucie r
~ _ ~:-r O~ - _ 1
Before me persoaa:iy aF~o~,ed Dennie p• EMtri e~
~ _Mar aret N. firren
his wife, to me well known and known to me to be
d~r~d~a!s d>sa~:;ed in and who execuf,d the forego~r.g ins~rument, and acknowiedged before me ihat they executrd the same fw the purposes
~ n exnress~d. And the sa~d____.__.____ ~~~s~ret M. Eren
~ cf the sa~d _ ~T~1~i~_
~s _~1~-- - upon a seFarste and private
~ • a?.on by me taRe~~ sepe~ate and apa.t from her sa~d husband, acknowledged to and befere me that she execu:ed said instrument freeiy and voluo-
~ , uf~d 'N tF0'Jt any ccn;~~u,s~on. co:~s+ra~rt, arp:eher.s.on, or fear of o: from her said husband.
.~iTtizSS ~n ha~d an~+ off;c~a~ seal t}~:s 4
~ y - ~~1-- _ da~ of-- /L D. 19~_ ;
~ _1'-~`~~' !
~j No~ar PubGc in the State of Fbrida at lar e
+ . 9
My Comm~ssion • pires:
Re'~'r. Te-
~ _ Notory Vubiie, Stoh of Ftorido at lorgs
~ sr fedarai Sa~+~~3s & Loan Asso:~a~.on • '
~ G.,`.. My Cornm~ssion Expir~s lulr 22, 1977 j
- G~ ~nrr
Bondcd br' M,sr.ann f:ro d. Caas~br Co.
Fo.t P~...ce, F!r~~~r - :~;;KDED - • -
FILEC e?~l A. .
St. LUL~L CJ;ttl?Y il ` , • . . .
r,~T~AS '
~ a r.'slj CQ~itt l~ . :1~_~''.;;'
~ c<<~ ~.:;F,~e l~ }"J- - .
~ This Instrument Prepared ByGary F. E11NOOd Rf r„'- ~
~ F:rst Federal Savings 8 loan Association AH ~~5 J J~~
o f F o r t Pi e r c e~ F 1 o l i d
a y 8 1
0 52 . -
~ C~~ecked By - y~!r ' : ~ ~ ;
~ 30'~558 - 1
~ a~~x~9 P~cf , 827 = e~f ; _ ~ ~
f ~
~ ~ s ~ ~
~ - ~•-:.,,N~,,,,...• ~
~ .
~ f - - - ~ ~-Y~
~ - ~
~Y,.~ . . . _ . ~