HomeMy WebLinkAbout1946 9. To pface and co~linuously kerp on Ihe kw~!d,ngs now or hereafter s~tuate o~ sa~cl Iar,d and on aG cqui~,~nrro and ~r~aially covered by lhit malg-
ege, w~th all premiums thrreon pa~d m fuil, f~~e ins,,~ence i~ the ~su.1 sta~~e~d yc~'~c~ iorm, in a s~m ~~pro.ad by the MOk~v:.GFE, and wmdstorm
~~s~iance in ~he usual •rernfar~ ~l,cy form, in a:um a~:pcoved by the MOR1CaaGEE, m iuch cc~nspsny or c:m~sn:es as the btU2IGAGEE may
d:rec?; and all liro and w~ndsw~m Inwranc~! pohc~~s on any of so~d bu~W~ngs, a~~y interrsl th-re~n or pa~t thrreof, in the eggre~e~e sum aloresaid w
in eaceu ~hereoF, •!w!I :ontain the usual sianda.d mo:~yayee uauie w such other ~:eusa as the ASorlgayee n~ay ~eq~.ro, R1dAil19 ihe wss w~der ~a~J po1i~
c:es. each a~xl rvery, payal~le to said h1JRT"vAt,tE as ~h ~~~t~rest may op~,ear, .,:~d ~•ach and every tuch p~ ~r~ ihafl be pro~~.prly assg~,ed a~:d de:~vered ~o ~
eny held by sa~d btORfGAGEE as fu~rher src~r~+y ~o s~:d mengage dobt, ar.d, no~ leis ~Fwn ten (IJ) d~rs i~ aJ:.~~~ce af ~na eap~rer~o~i ot eoch po!~cy, to d~-
I;ver to said MORTGAGEE a:e~uir:at thrreof, togetha~ w~th a recr~p~ for Ihe p~tm~um ol su.h renewa~; and ~h~re stmll be no fne or windsto~m insu~ante ~
pleced on any of said b~iidu~gs, any imerest therein a p~~l ti~creol, un~rss in ~he `on~ a~xl with the luss payaole as uto.eaa~d; and in the event any wm .
of money becomes payable ~ndar wch policy w poLuas sa~d MORTGAGEE shall have ~he op!~on ?o ~acaive ond ap~ty the same on acccvnt ot the i~drbted -
nrss secured hereby o~ io pe~mit ~a~d MORiGAGOFS ro recaive and use d or an~ ;>art ~6._. ~•~I ior c:i~. r pur, ~ses, v„~t:oot fh u. ,v<:,.; ,7 c. ~nipair-
ing any equ~ty, lien or ri~ht undev or by virtur o! this mo:tgage; and io the event sa d M0~2TGAGORS aha!1 for any reoson fai~ to kcrp ihe sa~d p~emis>s so
~nwred, or f~il to de~~ver pranNlly any of said poi~c~af oF inwra~ue ro sa;d MORiGAvEE, w fai! pzorrptly to pay (~ily any pre~n:~•n the~efo~ o~ in a~y
~rspe<t fai{ ta perform, dhcha~ge, execute, effe:t, canp:e~e. cv~t~ply with and sb`de 6y this <ovensm, or any part hrreof, said MGRiGAGEE may place and
p~i (w such insurance o~ any pa~t ~he~eoi wnhovt waiving or affetti~g any opt~on, Gen. equ~ry, o~ rigF~t onder o~ by r~.h,e of fhis Mo.tgage, and the
f~n a~;io~nt of each and e~e~y such paymern shat! be ]m:ned~eiety d:~r end pa~ahle and sha11 bear inecrest irom tha date ?hereof w:til paid a~ the rate of ~
c per cent~m per ar.~i.:~n ~nd roqeri,~r w~rh s~ch ~n:.,resr sh.,;i b.r src..red by ~he ;+rn o( th~s mortgage.
To permit, commit w s~ffet no v.aste, impairmeM w deteooraticn ot sa'rd prc~.erty w any parl thereof,
5. To pay all and singula~ Ihe coats, charges and e~penses, inciudi~~ a reasonab!e attorney's fee and costs of abstracts oi title, incu~r~ w paid st
~~,y time by s~~d MORIGAGEE, because or in the evrnt of rh~ fr.iure on ii~e p.,n of ihe sa;~ MCRiGAGOR to duly, p~omp~ly and futly pe~form, d~uharge.
.•ecute, eftect, comptrte, comply wnh ar.d ab:de by ea:h and every r~ stlpv;anons, a~rea~nents, condilions, and covenan~s of sa~d prom~ssory note and ~h~s
~~x~gage any or ei~her, and sa:d costs, charges and ~•xpersses, ea:h and eve~~, si~il be immediatrly due and paya6:e; whrther p not there be notice d~
~,:a~.d, atte:npt to coilrct or suit pend~ng; and tl~e tull anwunt uf each and e~~ery such paymem shalt bea~ interesl lrom the date thereof until paid ~t the
nine per ien:um H.:r an~w.n; an~ an so~d ws~s, ci~ai~es end za::~r.s:•s ir.tu~rcd or pa~d, to-~ethcr wJh svch interest, ihall be secured by lhe I~en Of thif
~ne~!gage.
6. That (a) in the event of any breach of th~s Jltcrtg~gr or default on tl~r pa•~ of the 1:IOR:GAGOR, or ;b) in the event any o( sa:d sums of money
nerein referred to be not pro~T~prly and +vUy pa~d w~rhu, thuty (3J1 da,rs nea~ a~~•.r ri~c same severa~ty ~cane due and payable, without dernand w notice,
or ,c) in the event each and every ~he ahpu:ations, agreer*~ents, to.:ditions and covenanrs of sa.d prom~ssery note and th,a mortgage any w either are nW
'.-:y, pru npt!y and 'r~;!y p~rformed, d sc'~a•g•~d, e~~-_;,i~•d, elfec~rd, co•n~~teted, co ~ p:~ed and ac~drd 5y, then in e~ther w any such event the sa~d ag
?~,~3ate sum mentioncd in said prom~ssory nu~r rhen remain;ng ,.np;~d ~~ih in~errst aur~rd, and a~l moneys ucured hereby, s1ia11 become due and pay-
eo e fo~thwith, or thereafter, at ~he op^o.~ of sa:d l.10RTGAGEE, as fu~~y a~xl co~np!et~!y as if aii of the s~~d sums of money were onginally stipu~ated
h~• pa.d on svct+ day, anyth;ng in sa.d ~;~o ^;sswy no!c cr in tl•is l.lortg~ge to i~e co~~~-ary :,or.vnhsrand:ny; and ~here~pon o+ thereaftr? at the option of
s~.d !dORTGAG.f, w~rf:out r.on:c o. den;~:id, s.,~t a~ :e,n• cu in equny, ~hrreto~e er tt~ere•aiter begun, may be proucuted es if all moneyi secured he~eby
r_d n;aW~ed pnor to ~ts inslitut.o~.
7. That ;n ehe e~en1 tha~ at rha beyi~.n.•~.^, ~f or ot a•+y s~me pending any su~s up~~ t1~ES Mortgaae, or to fwecbse it, or to refwm it, o~ to enforea
~,~nt of any c~a~ms herzu~der, se~d :.1ilR'~:.v=! sha'~ ~ppi•~ ro ~hr C~~r~ ha~~,.g ~~r ,:l r.:o~~ ~herco} ior the appomtment of a Recerver, such Coun shall
•;.ith appoint a rece~•:er of se,d r..u•tgag~•d ;;roF-.•ty ail aad si•i3~,ar, incl~d r,y a:! ~e~? s+~~gu ar t!~e ir.con+e, proins, issues and revenues from whateve?
darived, e:.ch and e~zry ct wh:ch, i~ L~~ng =,cF>ress'y undersrcoJ, is h.e~cby r~ono ,ged as ~f spec.ficaily set foith and deseribed in the graming a~+d
,_•r.dum cia~ses hereof, ard svch Recri.e: sh,i: h.~.,- a~l the broad and etfect:ve f~r~_~•s:~s end po.,,•en in anyw~;e entwsted by a Court to a Reteiver, and
s_~: ~ppointmznt shai: be mac;e b~ such Court es an ad-~ened equity and o matrer of aL:,.~te t~ght to said MORTGAGEE, and w~ehcut referenee to the
+ »scy or inadeq~acy of the vai~e of the µre~nny mongoged or to ehr so:~enc1 e. ,c .~ncy of sa~d MORTGAGOR o~ the deeendanrs, and that suth
•s. prof~ts, income, issues a~d revenues sha~: be appi~ed 'uy such Rrc::rver ~c_:=~d,.~a to the iien or equity of said h10RTGAGEE and the practice of suth
~o_~rt. i
!
8. To do'y, prom;.tiy and (w!y perform, diuh.rge, execute, eitect, complete, co^:c.~; w+th a:~d ab~de by each and every the stipuiations, agreements,
-:!!•';;ns ar,d eovenants sa~d rar.isso. -~ee ai:c: tri~s m~rt a >
p 'y e g~e srt tort!~.
9. That in ~he eve~+.t ihe ow=~enh;~ of th~• m•~~;gaq~d prenr.se:, o. any part there:of, ~ecomes vested in a perw~ other than !he MORTGAGOR, thc '
. u^a ~i:.yns, r~JY. ~ti~~'~+~~' ~~U':Cn t0 1'i
t'GAGEc its iULC^55~..'S 2:~0,'iGA:,l, de:.' h::h su:h successoi a+ successor in interest with referente to this '
' 7 3~ ~ Y ^9 9~ 9 9 9 Y
' j~ya a~ • ~y sccu:e:~ in t'r~e sa,^:e r.~r x.t~:h ~.1o t, ~ ~r •a•.t.r_ut ~n a~.• wa vil:ati Or d~Xhar n tbe ldort e ors' iiaoilit her~
; u~ uF:on the d_~:;t L•:,:r;:; ~•~cd. ".o s~•: o! tre F~e~ ~<_-~s h;reb; •n:,~t~jged ard no fe.::earan~z on ttie part ol the /1tORTGAGEE or irs successors
~ s> gns and ex-e„s:o^ o! !h.~ i,:• iL•,- F~,y, ~•r.• o' t+,e cieb~ h•,~c:,y s:.~cured o:ven by the N,t7RTGAGfE or i~s successors or ass~gns, a~~all operate
~~'ease, d.sit~ar~e, mocl.fy cF:an3e or afieu t~ia Lc~y~~~af .,~D:1 ty of si,e ),;ORiGAGOR here~n, e~ther in whole o~ in part.
10. It fs spec~f~ca;:y ag.eed rhac ~:;ne is of t4:e ezserce of ih:; cc~,;ract and that no waiver of any ob~~garion hereunder or of the obtigation se
-ed hareby sFa!i at any ti;•~e rnerea`fer be hc'd ro be a v+.,iver of the !ern~s hereof cr of the instrumeM secured herby.
1 t tn ;.i_i •o rFn cen: c~~ .~,onth . ~•~...re5 Of p~: :,a; f p sscry no~e sec~red harebti, morigagor eovenants
9 ~ ard i:,r,~esr ~r_ .rd b thc rom.
~g~crs r~ ;,,y !o ++.o-~gegee r.;-h eav, z. .^~h y,,,, .;E•,t an a:fo.r:ona sum ..~s;~n:ated b~ morsgagee to bc equal to l;' 12 of rhe an,~val cost of the foi{ow-
~-{i~: fEJi :ifG~~.•ry 13[..'S ~2~.i; : O' ASS"5~~.~.7 ..5' J::O':~• C1°i~~i.~.CI .i~3~ CS?.ftc'_
6-Pre:r. ;:;s cn f.rF• and .ds~c:~n :ns~c>• ;N as 'r.e•r~n r~qu:r~d to or ca.n~-d e~+ the ;mprovements s:+uate an the above desribed premises_
`-Prc.~!~.;, ; u• -.,ch n: ;rs_~ ;c. .~.:a•a-,t, s:_r.. ~c as n;c•tqa~c~ s~~a~i ~re•- r~,e :o :ime drem fit to carry o~ the loan sec~red herebY-
.',orf~,~ee s. ' ~ ~•~:r.~ ro . e~ ir ~ r. ,,.~r.r:g os the o_~! dv•~ and payable hereundr: and such sv:n shail thereupon be due and ;
•~:r on sh_ :i.,e c.atP oi th> r.rt ~t ~nd e.,:h successi.e •nooth the:eafr:r ~~vii mcrtgagee shall not~(y mortgagar of a change in such =
, SucF. srrs sha:i L-s ~ppiird ty m_•~Y;;~~~ rc:.a:ci the oayment of reai pr~perty taaes, insurance prem:ums, and rowigage guaranty insurance ,
, .
~ _--:s. f
i i'J ~1 J 5: - a~d 11. T i.GO2 F~as i,ereu ~to set fiis hard and seol the day and year first afwesaid.
~ eat a e'iv d in t es~nce o~:
- - /iiiC.r.~°
` ~ fl~_~~ -4. ~~HTY FU. ~~!/o.drr,L SC~_ L~~~Seal)
S~ ~U~`- ' ~ ;an5 wa R. Flewwellin
€ - R"vG:= r.~~ ~ (Seaq
_ '.~Jii ~ /
^'"JRT t ~ Sea
~ - - _ .
. 1~' E~' Mary A Flewwellin ~
- - _ _ ~seaq
~ OF FLORICA M AY ~y 3 sa PM'T5 3~838~?
~ ;'~raTY Of S~.t_ Ses~G._ ` 1
; Be:ore me son_li a Wayne R. Flewwellin s~
a Pe~ ~ Pi-eared
~ - MaYV A. Flearw~llin his wife, to me well known and kno.vn to me to be ~
~ r~dividvals desc•ik:~d in and who eRecu!ed the foregoing in~trument, and acknowtedged before me that they executed the same for the purposes
•~•~n eap.essed. And th- said_______ IMaYS/ Flewwellin
~ . c oi the said Wa~e R~ Flewr?ellin upon a xparate snd private
z :
~ r,ar;on by me taken separate and apart irc:n her said husband, atknowledged to and before me that she executzd said instr~ment freely and voluo- ~
~ ' ~ a~~d wfthou? a~y compu:sion, consTra:nt, anprehens.on, or "fear of or fram her said husband.
~ W:T[~;E55 my hand and o(fc~al seal th~s_ ___~~.sLC'~%__ day of ~V , A_ D_ 19_~_ ~
~ ~ . ;
~
? ;
_ . Notary Publlc ir, a~d fw State of Fbrida at Large ~
My Comm~ssion expirc . t
3 Retum To: / O -'3 7~j
~ ~;rst Federal Sa+ir.gs 3 loan Asso_iat:on '
~
' Of Fc~t P e:ce. ~
~ Fort Pi~~ce, ilo•[Je
}
~ ~ ~ • \ ~ ;
~ This Instrument Prepared By ~obert A. Swisher Jr. ~ -
F~rst Federal Savings & Loan Assacia ion
F orida 33450 ~ r ~
~ of Fort Pierca ~ _ = : _ J . -
I~= ~'i " ~ A`, • . '
. ~
~ Checked By
~ 8o~K239 ~~E194i ''~-~-~h~~ts~,;,: .
~
~ ~
~
~ ?
~ ~ ~Z
: . - - - - - - - - ~ ~ ~
~
= ~ ~ ~
. _ . _ _ m~:~~_~~~