HomeMy WebLinkAbout1948 3. To placa and coro~nuo~siy kee~~ on Ihe tui.dmgs now or hereaftBr ait~•ate cn s:,~d fand and on ali eq~ip.n.:nt and penonaily coverCd by thif enpt¢
ege, w~~h all pron:wms Ihe~con po~d in lult, hre ins„~ ~~~cc ~n ~he ut.:a~ stan:i~~d ~W'~c/ fu~m, in a wm a~Wovnd by ihe h10R~G:.GEE, a~~d w~nds~o+m
~n:~~•ar.ce in the ~wa{ stonJard ;.o:~cy form, in a cu~n appro.ad 6y ine MCRiGAGEE, in such ca~:Eany or _co~npan;es s~ ~ha MURfGAGEE may
d~ieu; and all fir~ and w~ndsto~m insura~~ce poiic~ca on a~y of sb~d b~~.d~~~ys, any inteie~t thrrzin or part thareol, i:t the agg~eyate i~m ~fpesaid w
In eKCess thr~eaf, shall ;onta~n the usuol ara~;d~id morrgagre cia~se w such o~he+ c~-+use as ~he Mortpagee may requ~re, maling tiw aoss u~xle~ s~~d pol~
c ei, each and every, pey~~'e to sa~d A1OR1GAvEE as ~ts ~~r._r.~st n,ay appear, a~id each ,nd every wch po:~c~ +i~..li be p~umptty as:9~~rd and de:rve~ed to ~
eny held by sa~d 610RIvAGEE ~s (o~rhrr secv~ity to said rn~rtyage d~~bt, and, not :ns~ tR~an ten (10) days in ad+~~~ce of thr ex~~~~at~on of eech pol~cy, to dF
ro sa:d MORiGAGEE a renewel ti.ereof, togeiher wiM a rece~pt fo~ the prr~nium ol such rene.~l; and U~rre al~all tx ra f~re or w~~~dsw~m insurance
p'eced on any of sa~d bvifd~ngs, any ime~est there;n or pait the.roF, un!csa in ~he iorn, a•~d w~ih ihe toss payable as aforesa~d; and ~n ~he efenl any ium
of money becomes pa~: b~e undcr suth poGcy or poGurs sa~d MORfGtiGEE shaif have ~he opnon ro recc~ve a,x) apply the w:ne on account oF ~he indabled- ,
nrss secured hereby o~ ro prrmit sa~d MGRTGAGORS to rc[eive and use it a any F~r•t th.,:. oi for o:i~~ r H~r; cses. .•.~~n;,.,t ih>+..~: a~~:~ +3 cr ~~np.:~r-
~~Y equity, IEen or r~yht undcr or by virtue oF this n:c~!gape; a~+d in the evrnr sa d:t10~2iGAGORS shall ;or any reason fa~l to keep the sa~d premisrs so
ine:;relJ, O~ (aii to drlivc~ aromptly any of said FwLc~es o) inaura~ue fo sa?d h1UR`.GAC:lE, or t,;i; pro~nptly to {~ay fu~ly any p~e~ni~~m ~herelor o~ in any
r,s; •xt (ail to perfo~m, dncha~qe, exe;ut~~. e~fect, comp:rt~., co^~ply w~~h and ab:de by ~h~s ccvenan~, or any part h:reol, iaid MGRTGAGEE may place and
pa~ (o~ auch insuran:e or eny part thereof v~,Ahout waiving or .~ifecting any optlon, lien, eqwty, o~ rght under or by virtve O( ihis Morfg,~ge, and tht ,
amo~M ol each and e.e+y wch pe~rirnt sh~;l be n+~mcJiately due and pafible a~'.d sF.~:l bear ir.terrst from thu date thercof wi~ii pcid at the rate ol
}~^r ceMUm per annu~e~ a:~~ ro7~q!.:•• wnh sucf; i~~r~v,s~ sh:~ii t=•~ s_~:~r~d l.y tne hFn oi th~s mortga~e. ,
1. To permi?, co~~mit or suffer r+o woste, impa;nnent er dctc~iorat~on ot said yroEerty ot any pa~t tF~t:reof.
5. To pay all and sing~lar tt~e costs, charges and expensrs, inciud~ng a reasonabie at~orney"s ice and costs of abstrac~s of tiHe, incurred or paid at
: iime by so~d MORIGAGfE, becau:e or in :he e~er,t of th•~ fa:i~re on the oar. ef ~he s„kd h50RTGAGOR to duly, promptly and fW(y perform, d~scharge,
cute, efiect, co~t,plete, :n~npty wah ar.d ab de by ea:h an~ e,~ry thr ;Npwat:er.s, agrecments, cond~tions, and covenants of sa~~ pro~n;ssory note and th~3
>~'ga~e any or e~ther, ard sa:c3 costs, cha+~es a.~d rapenses, rach and ever~, shali be ~mm.d:ately due and payab(e; wh:eher or not there ba r.otice ds
_.i, a~ternpt ro co+~ect or suit pand~ng; ar~d ti:e f~ll amcum of e~ch and every wch payn~cnt s~~a,l F~ar m~erest irom the date the~eaf untii paid at the
n~nc• per c~n:vm Hr: .+i~.:;.:,~; onc: >a,d tui~s. c~.i~~t-s o~J ~.,..•nscs ircurrrd or pa~d, togcih~•r .vJh such interest, sha{I be secured by Ihe I:Cn of thif
~ ~~raage.
6. That (a) in the event of any breach of ?h~s Mcrtgage or d?FaJ~~ on th> pa.t oi the MORTGAGOR, o~ ;b) :n the eveM any of sa:d sums of money
!•c~re,n refri~ to be not promNtly and 'u~iy pa~d w~~l~~n ~h,,ty (33) days ncxt a•rer ~he s~+rne severa:ly beccme due a~d payable, withow demand a notice.
.i in the event each and ev~ry tt~e st~~,u:at~ons, ag~ee~~crts, cond:~.o~:s and covenents o4 sa d promswry note and th~s mortgage any or eifher are not
~:ro~npfly ar.d ~~,t:y i::rfor~n<d, d s:?~~•g•-d, r._~t~+~.d. eff~cfed. can;.ier..d. w,::p;;ed wl+h e,,d ac d:-d Sy. then in e~ther o~ any su:h evem Me sa;d ag
sum m:nhoned in sa;d pro•r~~saory nert• the~ rc~* a~n;ng cnp:aid. •mith int~.e;t e..~e,eJ, ond atl mcreys setured hereby, shall become d~e and pay-
.'u•thwith, or th~~rr~f•er. at tt:e ec•~o•~ ct x...d i,1:~RIvi~GEE, as !~~iEy .,~~d :c~~,F.'rrr!y as if ail o( t!~c ss~d sums of money were ong~nally st~pulated
; r._• p,.:d on nvch cS.::, ~r,y~~~;n~ in s~ ci ('n~•n.550ry r1GtC or i~: iF:s h;vrtga,~•~ To ~h_ co~~rrary nof:. rhs~andmg; and rhere~pon a thereafrer at the opt~on of
:10RIGAGEE, v.:~t .ut ~.o~~cu o~ d~:,,a~,ci, s~~r at law or in eqc:ty, ~i,~~rrf~.re or It~tVrdfTef bry~:n, may be proxcu~ed as if alt mw~eys aeeured hereby
i ~•:atured pr,or ~c ~ts ~nsf~t~hln.
7. ihat in rhe evr_r,t that at +ne begien~~~g of ur at any time pend~r.y any su•t ~n tk;s Mertgage, w to (oreclose iT; Or to reform if, or to enforce
..:n! of any cs,:ns h•,rev:~dc•r, s,,~d A'lOR?G:.Gc` aha'i a~;~.Iy ro thr Ce•.~t i~~.:ry ..>dct:o~~ ~i,•_rrof for the app~~n~ment.of s Receiver, tuch Co~rt shall
''..:~n jrpe,r•t a re~:e;vrr of s.. d: ~•tua~ed ~~~u_:. ny aI! and i~x;~~'ar, ir.c':;,i ~~i~ o~! r., d s,~~:•er ti~e intome, p~ol~ts, iaiues artd tevenues from whatever
s _ dc•i,r~~d, ezc~ a~:.l r.rrY of ~ri~:~~. b~•~r.g , ress y w:dc:stced. ~s re~•.::~ :.;~tg,,~~ :s ~i spe:~f~taity set forth and described in the granling and
dum c:autes ~-ereof, and sv;h R~cei.rr sF,aii ha:e, aii :~~e brcad ar,a effec•:ve tu~~c' .:~:s .~~d f c•v.er; ir~ any.v,se enerusted by a Co~rt ro a Recriver, aad
a~:ooint~^ent sn ~~i tx r.,ade oy such Co.rrt as an ad:n~ttod •.•qu~ry and s^:a•rer o4 .,t. s~-...~;tc r:yht t~ sa~d 1.10RTGAGEE, a~d without reference to the
•.._:r~ or inadrq~acy'of the va.ur cf t!,e proN~~~y n:.;rtg~,grd or to t~:r s:...~~~c; c• :.....•_r~cy ei sa~d N,ORi:aAGOR or the deienJants, and that such
•s profits, income, issu~s ar•~ reven~es shei; be app~:ed by su:h P.CCfil~l ~tcu:,~: ~g ~c• ti:e uen oc equrt f of said A10RTGAGEE and ~he practite of suth
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8. To J~ly, pron•pCy and fe;;ly perfo~~~, d:;:f~~~~e, exece,tr, c•if~c~, com;,fe~e, :~,ly rn,~th and abide by each and e'aery the stipu3ations, agreements,
~_I.•iCn3 2n.j WvP!!anti ~!1 5J~~7 +::D~T~SSO'~ r:C•° at~t~ th S'. ..It~at)? St•t lMtfl. ;
9. TF.a! i~ the eve rnc ;,r:~;• ~~h';. os r~~•~ rr.o •_~,ocd r:e •:ses. or a~,v p,~~t ti~..r of. hecomes vested in a person other than the MORTGAGOR, the i
E, i+s sua. sr.:•s ~•:u _::ns. ~~y, ti.:F,^~r • e! c,~ :u :'.p~ iG:•OR, deo~ ..~~h such svcces:or or succe:sor in interrst w~th reference to this i
~_~.r a•d r%:c d_~u~ ~•:c ~,_.,-_d ;n ti.e san.~ r:~r._, at rh :',:r:qag,.. .~,;th::vt m any way viEating or d~sci~arg~ng the IAo~lgagors' liability ~rtr ~
cr ~F,,,n ih•~ d_o! h~re, ~ s:~ J .c sc;a of ' e F•r 's s h:~-ehy •norrg:ged ar,d no iorbearance on ~he part oi the IAORTGAGEE w its wecessws ;
~~:s and no_exte~;%o~ of .hc e,.r~ ~~r +h~ cay~..~~+ of t z a~~br c•:~ ~~r :ecu~.d g:ven by ihe htORTGAGEE or its succesaors or ass;gns, ahal: operate ~
_.e, d.s:t,ar3e. mod~f~ c~~r,3r o• a'fect th~ o:,g,u:~~ ~..:n~ ~f r~u• r~.'~arGAG~k herr~n, either in whole or in part. ~
10. lt is s,r,~~c~t~~ally aa~reo ~hat t:me ~s of the essence ef th~s contract and that no waiver o( arty o6ligat~on hereunder or of the o6ligation se-
: d hereby sna;~ ar an~ r~~r thc~ea':er be reid ro Ge a wai..er of thc terr,~s t,ercof or of ti,c i~.str~ment secured her6y. ~
I 1. in :~:ia r•, ~<c • io.~q :.o• t~,. ~.~is of ;.3~ and i,f r s. re:~u;:ed 6Y the prpm~ssory note xcu+ed hereby, morigagor eovenanfs ~
!~;rces ro aay +o ~ a•~q __e v.~th erF ~ cn+t: ~i •;,a.~ e•,t an o.. .~c~z'. sc~*~ ~ a•ed 'by mortgagee to be equa( to 1;' 12 of ~he annual tost of the foflow-
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A--Ait real .c-err tas,•s ~ev;cd or assesse~; a~ iP: r~,~ '
P' N ~ ~ s: a~o„~ d.s~.+SPa rca! estate_ ~
5 Pr.::-~ _ ; Cn ~~ri• .in~7 r.:r.~l~•u•ir: :ns;;'~•~t ~ a; n~..:.~~n r~~q~,.+:_!i 1.~ ki~ ca•~..:~ cn 7he :mprOV°~nc~TS SiTUat2 On the abOVC described premises.
C-Prc~r.,.,:~• s~1~. s:;_n ~•:orr;_.y= gujr3nty ~:svra~ ce r;w-r~3~;ee sh~!i fro-^ ~ m.~ to t~rne deem fit to carry on the loan sewred hereby.
' M.o~tqoq.;e s~,'l f•er.. i;~,:~ to •.:~•e nc!it~ n,o •y.:g::r ~n r.n•ang of tne a~ o: ~t d_~• ani payabie here~nder and such svm shafl thereupon be due and
_ u~ d~~~ u_+~= oi ~!e -.on~h:, ~a~~~: n~ and e,ch successive runth ;~~~•eaitsr uraii mortgagee shall not~fy mortgagor of a change in such
Such surns s~3" :,e o,.; :ed 'oy mory:o~e ro~.a•d tk.e F.ay nant of real prc;,err~ tax.~s, inwrence prem~ s, and mortgage gu raNy insurance <
-.s ~
i ~'J ~.'fI^ic3S 7~HER~G , rne sa~ .~_~kIGAG'~•R nas i,_rcu :to ser his hsnd and sea! t'e day and y r rst afor ~
~ S:gned, Seaied ar.d 'ive~ the presencc of: ;
; witness: Fi~cc ~._t~~oEO ~
} - - SI.IC~C-~ .~::yTT FLA. ` Ai1th~1 r ~an
v _ r ~F},$ 6 t
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: Wlt1'1@SS' ~G~!'~+•_ ~ ' C`! _ ~:'.it :.~L~rl7 / Sea
i / : :.r~ : ~ ~
~ - - `i'-~-~-- C~urol Hoeffner ~ n
s~ao
E - : IOOmOC Ne+~ York ~n~y ~ ~ ~ 58 1 ~ ~ 7 ~
~ . ss.
~ ;-r oF _~t ~ N _ _ ~ a3~$~8
~ Before me persona!iy appetred _--~~pni/-HAg fn T__ a~
~ _ ___~~ro~ Hoeffner__ h;, wi(e, to me well known and known to me to be
~ '.~•d~vidua?s descr:b<d in and who e,cecu:ed the foregoing instrument, and acknowledged before me that they exec~ted the same fw the purposes
g ~c'n expressed. And th~ s~~a______ Carol Hoeffner ~
S
; • cf rhe sa[d _ _ _ _Q~ Hogffnpr _ „
th~ - pon a sepa~ate and private ~
~ • -•anon by me taRe~ se;,arate and apart *rom her satd husbaRd, acknowtedged to and before me that she exetuted said instrument freely and volun-
~ ; and w~?hout any compa:s~on, co~st.aint, apprehens~ory or iea~ of or From her said h~sband. ~
'.'riT>iE55 m han ~
'"t~ y d ard off~c,a~ seal th s_ day of____ A D. 19 ~5
# - ~
r Pubiit in and for the Sfa~e of ~ '
i3
~ o . ~ision expires: ' Y
Re+~m To~ ~~j~qr c uG. '
~3. r ~
r
~ rs: federai Sav~n3s S ioan Ass;:at.on ti~T.t.`.Y . ` ~ i:-:SY~'~7j( i
{ Of ~~~r : : r~,. - ~U :
FUrt P~erce. Fic .d~ Cfi:; ~ C~ :1 I.UUO~I i
: Commissi;,:~ E~,},:;`~_s ::~arch 30. 1976
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" This Instrument Pre ared B r ;
~ P Y Robert A. Saisher Jr. ~ -
F~rsi Federal Savings 8~ Loan Association -:~;4j . ~
of Fort Pierc~ FloYida 33450 ~ ' ~ ~ .
a Checked Sy j
v ~S ;
.r
~ 0 1? ~]~1r~ . - ^ _
~ 800K~
ii~~ ~
t.~ ~~E 19 .
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