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HomeMy WebLinkAbout1273 1 3. To piece and cont~nuo~sty keep on tns bu~'d~~,~s now or herca(~er s~tuees on s~~d la~x! and on al; equ~prnenl and personall~ covered b/ ~h7s ma~g- ege, w;th a!{ premwms the~so~ pa.d in 4u'.i, i.re insore~~cr ~n tne v?.:~1 srar.daru ~w1~cy fo~m, in a eurn eppro~ed by the MOR«a:+GEE, •~~d w~ndero~m ~ns~rance in the us~al ssandard pol.cy (orm, in a:~m approv~d by ~he MORTGAGEE, in such compa~y o~ canPan~es as the MORTGAGEE may dnect; and a{1 fire a~~d w~nderorm insurance pot~c~es oo any of s~~d bui~d.nqt. ~ny iNerrst Iheroin or pa+t thrreoi, in the ag9repate w~~ afasia~d w ~r, eacess thrreof, stmll :w+tain the usuai stondard mwrg~gee dause or auch o~he~ dau~e aa Ihe Mortgage~, may nqu~r~, maMiry tha iosf uoder t~~d poli- .r • c~ei, e~ch and vve~y, pa~ab'e to sa~d h1pRiGaGEE af ~t~ imcrest mr~ ap~ar, and each and e~ery ;v;h po~~cy afiall be prort~pi~y ass y~~ed and dt~ivorrd ~o an{ hetd by ta~d t~ORZGAGEE as ~ur?he~ secu+~ty to said ~~~o:~gage dab~, and, no~ ~e» ~!*a~ ten (lp) dayi in ad+ance of iha expi~at~on oF each pol+ty, lo de- I:~er ro se~d MORTGAGEE a rcnewel tF.ereof, togt~ner v~ith a ~ece~pt lor the preR,ium o1 tuch renzwal; and ~hrre ihall be no fire or windswrm inswa~r-~ p!aced on any of se~d b~~1d~~,gs, any inca+e~t the~ein w pa~r thareoP, unlesa ~n the torm e~xl wirh the lois paya6le as afo~esa~d; and the event a~y sum o+ money becomes p~yab!e unde~ s~ch poliq o~ pol~ue~ fa~d MORTGAGEE shall have ~he optwn to recaive ae~d apV~Y ths same w+ a.count ol Ihe indabted- nr:i srcu~cd heieby w to permit sadd MC>RIGAGORS to recci+e and use it w ony Fart ti~•~:oo} for otncr pw: osrs. ~•.uho~~ th:r• o: wa~~~•~~ ~'}~Ps'~• s„g sny equ~ry, I~en w right under or by vieiue of ~h~s tno:tgaye; and io thc event aa,d MOR(GAGQRS sha14 for any reawn fail to kerp iha sa~d prem~srs so :nsur,,,d, or foil to de'.vcr prompt~y any of sa~J poCcies of inw~ance ro sa:d MORTGAvEE, or foil promprly Io pay futly any prem,um thereiw o~ in a~y ~f ~ resF~rc~ iail to pe:4orm, d:scha~ge, exec~te. effect, to~~plNr, tompty with and ab~de by th~t covenanf, or sny part ht~eof, said MORTGAGEE ~r.ay piace and ( Fp s~ch insurence or any part thereof w.tho~! waiving or affet!Ing any Op~~on, lien, equ:ry, or nght ur+der a by virtue of tF.is Mwtgage, and the t~'! amovnt ol each and e~e~y such parmen~ sh.~ll be in.~r.ed~ate'y dx and payable and shafl bra+ i~terest from the date thereof until pa~d at th~ rale ol r par cenr~m per a~,n::r~: a-,d ro3_:I~.•r wi•h suce~ in•a:rst shal, ;x• sae.,rcd 6y the i,en of th~s +nortgaga. 1. To permit, tom:nit or suf(er no waile, impahmeM or drtr~ioratia~~ of said pioperty w any pa~t thercof. 5_ To pay all a~d si~guiar the costs, charges and expe~se-s, ~n.lud~rg a reasonatxle auorney's (ee and costs o( abstrattt o( title, incwred w pa~d ~t ~n; ~;:-.e by s~id MURIGAG;E, beca4se w in rhe eve~v of the f~:'4re on the part o~ ~he sa:d MORTGAGOR ~o du~y, prompNy and (u~~y pe~(o+m, d~schar9e. .~c~te, effect, tomptete, canply w~th end ab.de by ea;h and every the st~pulat~ons, agree~.~ents, cond:~ians, and cove~anes of sa+d p~o~nissory nole and this _~rg~gz any w e~!her, a~~d sad ces~s, charges and expvnses, each and rve+y, sh~U be i~nmed~ately due a~d payable; whether w not there be ~otice d~ !~~~~.,i, atte~npt to coHett or wi+ pend~~x~: and tl~e iv~t amcvro of each aed every svch paymeM shaVi bear intereat from the date It?ereof until paid tl tne n~ne per ttntum H~r am~u a~~d e+~ se~d c~s~s, ci~ar~es and ax,,erses <<~cvrr?d o~ paid, together w~th wch interest, shall be tec~red by the lieo Oi ih~! ,r.prtgagl. 6. That (a) +n th~ evcnt of ar.y b+~~ch of 1F.is Mortgage or ilejau't on ri~e part of the MORTGAG08, w(b) in the event any of sa:d sums of moeey ~,~rein referrrd to be not pron,p!ly and fully p.,,d w~th~n th;rty (30) dars naat a•rer ~hr sanie serera'ly become due and payable, w~thout demand w nolite, =r 'cy in thr evem each and erery tha stipuiariens, ogreemrnts, cor,~rt;ons and covenants of sa.d promissory nola and th:~ morfyage any w eitixr ar~ not i,:,, pro+nptly an~ Y~iiy prrEom,ca, d sci,arg.~d ere:utrd, e!fetted. Co:n{~:>ted. c~ ed v.~~h a~:d aF.:d~d 5y, then in e~ther w any wch eve~~ the sa~d ag ~<.;a~a sum menf~oned i~ sd~d ~.ro•n~isor~ nora then ~e:r~a~~ing ~~~pa~d, w~th ~~;!ere,t acc:~ed, and aI1 moneys setured hereby, shal! becwne due a;~d pay- 4orthw~t6, or chereaft~r, et the opr,c~ 04 ss.d 117RiGAGEE, ai i~,+y a~.d canN:e~ciy as ~i atif of ~he said sums of money were wgin~lly s~~puiated I_ pn:J w~ wch cicy, ~nyfnmg in d pro r,~sswy : ore cr in this Me~tqa~c ro the cunirar~ notw•~thstand~ng; ar.d ihereupon or thereafter at ~he option of rSORSGAGEE, v:~:rovt noi:ce o• dcr~:..•.d, SJ~f at iev. or in equ~ty, !he:efore o~ tl,en,ai~er ~gun, may b? prosc-cuted as if all moneys secured htreby ~ :i m,++ured pr~o~ 10 ~u ~nstitutron. 7. Tha~ ~n the ever.t tteat at tne be•.air.n;.,g nf or at any t~n,e pend~rz9 any s~ ~ u~:on t{:is Mo~tgage, or to-fwec~ose if, or to reform it, or to enforce •.~~ent of any c'~:ms ~,ore~nd?r, s~id ;.ti~RiG:+G~~ s}-~:1 ~f:Nty fo the Ccur~ hr.,~a ;..••;:i r. on ~nereof for the eppo~ntment of a Receiver, wch Court shail ,,,~ch a~p:,,m a re.e~ver oi sa~d r e:rga~ed ,.ro;._-ir a:t aaxi s~~3u'a•. ir.ci~d ng .~:•,d s_ ~y~.ar ti~e ~.^.mme. p~ofin, issvos ar.d ~evenues from whatever > ~r c~erw~~d, es.h en! ever~ of .tih c~,, be~n9 .r<pre:s.y und~,rsrcod is he~~=b~ n c~r:q., ;.,d as i1 spec~iicaily set ionh and destribed in the g~anting ar.d ~~.dum c a~•srs kes:.rof, a~~d wch Qece~~e: sF.,+t hav~• a.t tfic brcad ar.d e'~ec••+a ~:~s and pc,vre~s in anyw~se emrus~ed by a Courf to a Reteiver, and ,:k a~:po]nrme:v shalt 6e mede by svch Cou~± as ar. n~nitt~•d ecuny and a~~.a~rrr ci easoivte right to said MORiGAGEE, and withaut re~erence to the ~cy or inadrGuacy of !he va:ve oi the p.eperry mortgaged or :a ti~r s:..,cncy •,r .,;o ~ency oi sa~d MORTGAGOR w the defendants, and that such •c p+otits, income, issues and reven~ea s}~a.1 5r app~~ed 'oy such Rec_ever ac_crd:ng ~o tte Gen o~ equity of said MORTGAGEE and the practice of such _.::rt. 8. To d~!y, prem~ riy a~d t~:+y F~~to•T, dncharge, executc•, e~fecr, co•r.piete, compl~ wlth and ab7de by ea~h and every the stipulalions, agreements, ...'ons and cuvenanta in said prom;ssory note ~nd Hris ma:cyage set io~th. 9. '~.a' i~~ th= ev~^t the c~+.^ersfi:~ of ti _ n;orr~ayed pre~~:;ses, or anr p~rt tncreo(. 6ecomea vested '+n a person other thsn the IJ~ORTGAGJR, tfie Tv~;,EE, i!s su:ccss:;s a^.f .,SZ j~~>, m3j, w~;ho..f r~h.e to ~he Y.OkTGtiJR, d~~ai :.~rh s~~ch successo+ a successar in intereat with reference to this "y.;ge a~ d tj.e d_•ut F.._reb~ +_..;-c~! in ~^e saR~r n:anr.rr as ~~~th PAo~~yagor v~~thout in a.~y way vitiating or d~scharg~ng the Mo~tgagors' ~isbility here- or upOr fke d:i:f i ~•~e:~; s_•,,~e~! t:o n; e oI the pre~~~:ses hr:etr; mo.tgaged ard no iorbrarance on the pa~t of the ?AORTGAGEE oi iis sveeessors •-~e:~~:s ar~d e,+ens~on ot ih<• r:~, _ fo• sh~ ,:ry~ent oi the debf herr~y sec~red g•~en by the MORTGAGEE or ~ts successors or ass~gns, sMll optrate -:'_ese, d.::harge, m..d~fy ;h~nge or trfect ti~e o~~y:r,ai i:co ! ri of rhe N.ORTGAGOk her~~n, either in whole or i~ pa~t. 10. !t ~s seec f~ca1~~ ag•aed thar ~,m~ ~s of ~F.e esse~~ce of tf~~s co•dract and that no wai~er of any ob~~gat~on hereunde~ or of the obligation se- _,•_~:,f hareby sno~+ af any !i ne :n,r..aiter he he:c+ to 6-: a w.;~.er Qf the •erms he~ecf or of tf~e ir.strument secured herby. 1 i_ r.i-i t: ~•~+r+.e ic;-, : p.~~~• -rn ef ;.-r.c _~^d ~•~s~•~est re~.,ucd by thr promssory. no~r secured hereb?, mortgagnr eovenants ,~:ces to ;:,Y ~o ~•;o•+g ~,~e h.. •,`r~t: r.-. 3n ec' 1•::-~i svm es• -:arcd 'u! mortgagee to 6e equa~ to ij 12 of the annuat coss of the io0ow- i ' A-Ait r~a~ p,roye~t~ idr25 ie::~d u• as;~sz_-cf e~ st the ~bov: desr .~d rea~ ezrete. 6~~.:;...~~:; o.~ f~~e ~"J ..d.ds~-::+r. «•.~~rsc:e a; ite:~~in r~~yu.red +o Ea cau~-d u~~ riie :m~:roveme~K s~tuare on thr above described premiaes. [ v s ~rt~ .e gu:. ~~si a e~z n,c~tgagee sha'i frar to •me deem fit to tarry on the !oan sccured hereby. Nor 3 aee s a: ~~c r. to t! • e .+f r.c r, 3.~. ~n v.~it~ng of the ~s.o.:nt d„e ard payab!e here~ndrr and such svm shall therevpon be due and i ~•_e v~ th~_ u,~ c:~~ ci ?r.:• , ~~•=~~1 a::d e:c~: sv;ce>s~~e Ta,fh rh~••_atr~r u~ail mcrtgagee sha~~ not~fy rtwrtgagor of a change in such ! ~nt Sv'h sums si:i.t be apr~: ed•:,/ ~.:~'gay:c ?o::ard tne ~ayment of reat pronerty taxes, insur~nce p~em.u,ns, and mortgage gua~awty inwrance • ~ms. " IN ~'~IT^:E~S ::NER=Gf, cn_ s~d h,)kTG~~O~2 i»s h~reu•aa :e! his hand end sei; the day and year lirsf afwesaid. $~gned, Seated and ddlvered inrhe pre ence of: ~ L/As ~ f ~ ~~.Lt~. ~~-.r.~wr`' a~l - j--~- - - on i ~ sea~? - - _ - - - - "~,c"`"a,.,'~ aq Seaq : - - - - - - - - - - - ! 'E OF FLORIOA ) i St. LllCl.@ } SS' ~ 'i':TY OF ~ i Fa ond Charles Thoennissen ; Befo~e me personatly appeare~ - : ' Thoennissen ' ~ Ka th 1 een ,1 _ _ „ h4s wife, to me we11 wnown and known to me to bs ~ ~nd~viciuai~ descr~bed in ar.d vvho executed the foregoi~g instrument, and acknowledged before me that they executed the same for the purposes ~ ~>:n txpressed. Rnd the said_-_~_____~ Kath1e~T1 J• Thoennissen ` ~ ~a ond_ Charles 'Thoennissen ~ o. the said - - - uPu^ a s~P+r±j1&~~P,lwate i ; • nat~on by me sa4an sepa+ete and apart irom her sa~d husbar:d, etknowledged to a~d before me that she executed said inatrur»ent)ftlelx,a~l Oo1u~r ; ar:d w:}hout any co:-r.~~;s~on, co~s~raint, apa~ehe~~s:on, or fear of or frnm her sa~d husbaod. J:'`•'~ ' ~ y. vlITNESS my i~and and offfcal s=al th;s~ -----9th---_-_ day of--~ ~ta~ ~.~D:t14 7~ ~.-c' ~ ~ - ~ - : ; Notary Public in and for the State of fl0rldc.~e{ la~ge' My Commiasio~ expires: ' ~ - ~ Y : ~ . ~ Retum To~ t;c'.:. , c . . . . . - . - ~ v i • i . • - , • . ~ , ;:st fedcra) Savings & .oan Assoc~ahon l.:y Co:r,m:..:.~ . . 1 !~,•::i 1,: :'.'i9 ' ' Gf ~ort P.~..c~. Bonoed bY ~'~r~can firc 8~ Casv~it/ Go. forT PierCe, Fl:ricla 7~ ~1 • ftLED s~~ ?ECU~OED ? 7his Instrurnent Pre ared B J. Hal Roberts Jr. 5T. LUC~r CO:1NtY FLA. ` ' p y ~ RGIF^. 'J~TRAS ~ First Federal Savings 8 loan Associat;on ~~-a?, C•.~'Uti COURT / of Fort Pierce~ ~loYida 33450 REC~E' :f ~~';Ep~~f~Gsz~ ~ ~ 4 Checked By yAY 11 3 3 H~ . a~~ $~J[M~ ~iGf~ , . . ~ ; ` ~ c s~v - ' . _ . _ - - - - - - - . . _ F ~ ~ ~ ~ _ _ f ~ _„~;L,.~.~~? e..._ ~ _ . . .