HomeMy WebLinkAbout1952 To p~ece and cornfnuo~~siy keep on the bu~.d ~.9s -~o+v or hrreafrer s~t~ate cn s,~d ~e~Kl and .n aU rq, <<..~.e~~1 a~~d persone~~y cova~rd by this mortg-
e~e. w;eh all pre::~i~~ns th~reon p~d ~n fu:l, 1~re ina,r.i~.~c th~: ~~~~t sfe~ul..~.i p~,,~cy (orm. ~n a s~~n J~.NIG+tCJ b~ thn V1UR,i,..GE[. a,~d w~~~d?tu~nt
~nsuranu in the us~al s1a~~dard Fo!.cy fo~m, in a aum ~pp:cved by the MO~:iG~GCE, ~n such compar.y or co~n;:en~ea as the h1021GAGEE may
d~recr, •nd all Ure and w~ndsWrm ~ni4~=a~o~ poGc~~•e on any of s.~~d ~..~~d.•~9s, a~~y ~ntcrru ~he~e~~ or ra~l thrreof, in ~he ayyr~yara sum afo~es~id or
- in e~teu ~h~reof, shail co~tain Ihe uw.:! sia~,d~~d ~no~tg.+gre clause or s~ch ori,~r c.: ie as the Mortyj j~•o may iequ,re, ma~u~g ~he ~osa under s.+~J poli-
c~es, each and rvrry, psyab'e to aa~d h?vRTvAGEE as ~ts u.rrr,st may apNCar, „nd ~~:h~ .,.~d e.cry sv:h ~.:~'.cy ah,,li i.e pron:pt;y ass9~,~-d a~~d da:ivarrsl to
eny held by sa~d h10RiGAGEE es Further srtwity to sn~Cl ~it9rlJeyR .irkit, dnd, oot icss t!~an ten (10) d~rs in J(JYJIICC Of ~Ar a+cp~rot~ori of each poi~<y, to de-
;:ve~ to aa~d MORIGAGEE a ~enQw~l thereof, ~ogr~her v„r~ a r~•ce:pt fur the prr~:~..~n of svch roneh~i; o~~ci thero shail be no Lre ur ~,+~.usT~~m insurance
p!aced o~ any of said bu~W~ngs, any interESt Ihrre~n or E>a~t rherrof, ~n!eae i„ th_ {on~ a~,J ~n~~h the +css payaL•~e as aloresa~d; and ~n tt+e r:r~U any sum
of money becomes payab~e undrr s~ch policy p policies sa~J tAOR~GAGEE aFa~ll ha~.e ihe ~phon to rrcr~ve .=r•d apN!y the sa~nr on a.co~~,t of the indebted~
nrss sMUrrd hereby Or to {x~mii said tAORTGAGORS t0 reteiv~ and use it M cn/ y~n t~;...~'-o} fcr c:~ r{ ~n ~:scs. ...ti~~~t th ~•r .ti..••.'") ~~r~pa~~• •
~ng ,~ny equ~ty, IiiI1 W riyht under w by virtur of ~his morrgaye; aod in ~he evero aa.d ,`.10~i~AGORS shall ;w any reason fail to keep tl~e sa~J p+e~nis~~s so
,nwred, or 1ai) lo delivCr promplly any of sa~J pol~t~es oi insurantN tG sa:d h10k1GAvEE, oi fa~i p:o~nplly lo E.ay fu~iy any prr~r~i~:n ihetefOt or in any
res~cu ia7{ to prriorm, d~sci~~rge, execvte, eFfect, co~,:r,ete, co:,~ply w~~h and ab,de hy th~s cova~~a~~r, or any p~~l h,reof, s.+~d MORiGi~G[E may p~ace a•~d
F~a, (or such ins~r.~nce or a~y part thereo} w~~hout Md~Vi11g or atfeUing any opt~on, i~rn, equ:ty, or ~~yM w+der w by v~nue of th;s Mcrtgage, acd tht
amo~ral oi each and e.ery such paqmeM sh.,tl l-e rm,~~:ed~e~e!y dve ~nd per.,i•'c a~Kl a~~a~i uaar ~~ner~st irom tho dare thcreof ur.iil pa~d at ~he rate of
pe~ cen~um r:.er a~:nu~n :u:d !:~~..ti~cr ~.~~~h < i;n ::ir:r•i~~t ti~.,i~ • av:.~red 6) th!` fe,~ of th~s mO~Ig.ayC.
d. fo pennit, tomnih ot au(fer no waate, in.pa~rment or ~C~l('G(YLG(1 O~ soid F~r~F,erty or eny part thereof.
5. To pay all and tingular the coats, charges and exE:ensas includ~ng a ft.'.SOn3h~C alrorney's 3ee and cosrs of abstrrcts of tit;e, incu~red or paid at
+~~v ti•~.e by sa~d MLRIGAG~E, because or in the eveN ol th^ ia.i„re un tna pait of thr so~d h10RTGAGOR to duly, pro~+ptly and futly perform, d~scharge
.~,~te, e(fec~, comHlrte, con:pty :v~th and ab:de by ea<h and e.cry the sfip~!at~ons, agree~~~entt, conditwns, and tuvenanta oi sa~d p~o~n~ssory note and thi~
? r~gage any or e~~her, and sa:d costs, charges and ecp~nses, c~~h :,nd ev.~ry, sna~t be imr.:ed~ately due and payabie; wherher or not thcre be not~ce d~
•d, attc•npt lo cotletl or suil pend,ng; and rhe !ul! aoio~N of r~ch a«d elery s~ch paymem sholl bra+ ir~teres~ trom ~he date thereof until paid at the
• n~ne czr c<~e:~rn Hr: ai~:i~.~, a.~~ .,u sa~J cc,s~s, ir~a:gas a•~ei ~i;~r:s~~s ~~:c~~rcd or p„~J, toyrthar wdh such mterrst, shall be secu~ed by the I~en of th;s
•nor~gage_
6. That (a) :n the even+ of any breach of this Mongage or defa~h on ~tw p.~rt ef thn 1,~.ORTGAGCR, or ;b) i~ !he evenf any oF sa'd svms of mo~ey
here~r, rei~rrrd to be not pro~~~ptly and tul!y paed ti~itfi~n th;rt~ i3J) J.+ys r.e.r o•tr+ ~i,e same savcra:;y 6eco•ne due and payable, wittuut demand or not~te,
in thr event each and every ti,e Sl~puiat~ons, s•,3reements. cor~c3:7lo:u a~d co~enants o! sa d~:ranissory note and th~s mortgage any w e~ther are no1
pro~nprly end 1vi1y ;kriormed, ds;ha~~•-d, zve:uted, ~'fected, ca::p'r:rd :n~rp~~e~ .•:~eh ond a6:ded Sy, then in e~ther or any wch event ~he sa~d ag
~.++e sum menrioned in se+d prolnnsory ncte then rena~ning ~npa~d, w~th ~~te~est acu..ed, and a~f moneys secured hereby, shall brtome due and pay
< fcrthwith, or therea(te~, at the o~+*~on of i~~d htORiGAGEE, as fuliy a~w~ co:npi~tely as if 31i of t?:r said s~ms of mo+~ey were or~ginally st~pufated
na.d o~i wch day, anytk:ng ;n sa.d pro.n.ssory ncte or en thfs htertyoga ~o :he co~~nary nor.v~rhsr,~~dl::~; and thereupon or 1Fkreafter a~ the option of
'l,ORTGAGEE, wrthou! nor;.e o~ den:and, s~~t at iaw or in ey~ity, 'he~elo~e o~ ~!~c•rrafrer begun, ~nay be prosecuted as if ati moneya secured hereby
.i ~~:er~red pr~or ~o ~ts inati!u+~on.
7. That ~n rl,e eve~t thaf at ti+e Eey~nn ng ef or at any f~~~:e pendir.g any su!r ui:on ~h~s h"orryaye, ar to foreclose it, or to reform it, or to enforce
c-~t c'r any c~a'::ns ficrrc:~;Ser, s~~d l:ORiG'r:,~E sha~l app~y re thc• Cou.~ h.e.~.~g ;,,n,d:r,on ~he:~•ok ior the an~>o;nr~nent of a Rec_iver, such Coun shall
..~rh aF:p~l» a r_:-~.er of sa:d r..a~tg-3td F.~c;.. ~ty aif and :.••.3~:ar, icc~d ~:y and s~ er r~e ~:o:~,a. prof~!s, issues artd ~evenues from ~n~h~tever
- d~••F:ed, e,;ci. a~c1 _wery of w:~.:F~. 'ce+ny ••:.}:ress.Y ~~:3ers!~.od, ic he:~~i~ rtwr.q,g_d as spec~Ficaily sel fo~th and deWibad in ehe g~annng and
~.;i~m c:avses F.~.•:•~f, and s~ch Rc:e~~_- a~..+;; h.~ ait fhc. broa~ a~,d eiiec~:ve f~ ~~c• _,nd po:.ers in anyw~se en~rusted by a Court ta a Ret_iver, a~~e~
, ~.r,p~intme~~t sh~li i:~~ ^~>de by such Co.,~t as ac r.i •?nt~d eq~.;~ty a;:d a~• ar!e~ cf ~~,u`'~te ryht ro sa.d h:OR1GAGEE, and without referen~e ro the
_.,.,_•,cy or inadeq:acJ of t~e va.~~ ci th_ ;;reN~rry T.c~ta,9rc1 or to ti,~ son<::c, c~ ef s~.d l.'CRiGAGOR or the de~endants, and that sueh
s, proi~ts, ir.con~e, issves and revenves sha~i t~e ap;:;:ed by s~ch Rec<~+er JCi.:~~l :;y io tne tien or equrty of said t110RiGAGEE and the prattice of such
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i
S. To d~~:y, p.a~-;:r:y and f.,'~ j~;er'or:•, d•sc=,.irg•_, exccu~e, efic~r, co ~.p'e`r, tc^.c.ly with and abiJe by each and every the sti~ulations, agreements.
_..!~~?-.ns and c:.acnants .n 5~•~.J • ~T.S~Of~ :?O~•_ qG~ th~s n:c•;g.•ge i~:t *urch . i
9_ Thaf tfie evA-•t r?~e e•sh:;~ ei ~he v.;,•tq.~~rCj F;~P "SE•5. C' dny pa~t ~f.E/E'Of, F:CCO«~fS vested in a perso~ other than the 610RTGAGOR, the
. _.;•;,Et, ~+s s:~~c~ssors a.J ~ :•ey, v.~i~:c.,. ,c :u +'.r :....;IC:-,;,t, dr~~ v~~~h suih successor or svccessor in interest w~th roference to this
_ege and tne .f•_~! f:c+•,bf +cc{~,xl~ir, t~~? sa-•v, n~e~•ne• as r.nh 1.1.~t~e~or :,,.t}r~t i: dr:y ,~•ay rit:ating Or d~sthe+giny the Nlart9agors' liabiiity here-
r or ~;:en •he o_'vt h~;.~;., s_: ,cl ho s, e o! r1.e F~~~ s• s h._r~b, ~•,o~rg3~rd ard no fer~ea.a~ce ors the part of the tJtORTGAGEE or its suctessors
an,i ~ r•~~~s.a~: +ke ti:•- E.a~ r~ e.,rh~- h~ ~~•h, s~-c~rrd g~v~n by the 1:~ORTGAGEE o~ ~fs successors or ass:gns, ahall operate
__,se, ds.harge. c,:;d~fy c^an.~e cr atien th_ o•~_~:na t~ of ~he ~:,4Q~GAGQR herrm, either in whole or i~ pa~t.
l0. lt ts spc:•fi~auy agreed th,t t~~~e ~s of the es:e-,~e of thn contract a:,d that no waiver of any obGga~~on hereunder or of the obligation sr ,
a hareh/ sha:i ai an~ e th~,r_a*ter be h_'d to b~ a v:ai.rr cf tt:e !e:ms hereof or of the ir~s:rument secured he~by.
t i :n ;d r , , , : icr.,,;• ~ ~ o„c,. ~ . , . and ~ _ •.S~ .fyJ1[:J 6y ~he pro:n sscry rv+a sccured h_reb/, mortgagor tovenants
i:~'ef5 !O ray tG ~•`o' 7_3E v. 1~ oCC ~•'O••:F,yi ri~, .:re;+ an c~~ ' o^,: Su~'_ 2'c~1 by rr.Orfq,i92? tp bf e~udi t0 1_' 12 Of ti:z Jnnud~ COSi Of 1F1a f01{OW-
' r'1;; Itd! ~.f(~~:^~ ~ Iit:S vSSc'~`..~:i ~'.5t t'+_ o:~'J:_ Cl~~iCri';_~ f,~sl GS'~t?. .
v
g p,- . , , o., . , a ' ._a -d c~, ~+~e :~ov~me~es s't~a~= on ti,e a5ove d_su~
i . . ...:t:s>'^•,- „-.s..'~',.• e'~ ue:.~~n r .1 e,•: . 'tx~d Fremises.
_ Pr_..,_ ~s c, , , :i.,~r. ~ . ; ,s , _ . 'r:: :e dcem iit to carry on tfie ioan ucured 'nereby.
..~~t~sur_ t ~;or:i~ _g.: m„.',ry ot m:c > ou^~1 :1.... a~d p.3yaf~~e herzunder and wch sv~n shali t?icreupon be due and
~ en ~h_ a_.c-•:. ct !nc -,.~:d ~ c~h svcc.s,:ve -,o..rfi T'•.e,.af*:r urnl mcrtg~gee sha!1 not~fy mor±gagor of a change in such
S::c~~ s;,ms s~ +!.e a;:~ ~i ~ ~•~y te: d i;,e :;:ne~~t c,4 rer+~ pr_Ge: ry taxes, insurance pre~z~~ums, a~ed mortgage guaranty insurance
~ ,:s
i ~'d !':IT~SE55 '::HERE'?= rr.~ sa.h f,:vFTG:.: "R ieas ~w_*eu:tu se• n+s hird and s~~~I the day a~d year first afwesaid. ~
~
f S~gned, Sea'ed and de"!:e*~-d ~n the presence of: .~c••~~JfD
' fllE!; A'~_ t
- - - - - - $7.ll;v~i ~.:JJVTI' FU. , ~ a~~
i - - - Ri'G~.: ~ n!S (Seal)
f ~t~,._ ccua
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• - - - - - -
` ~lai ly 3 5s PN'~5
~ 1='' OF flOR10A
} St . Lucie
~ ,;':TY OF ~
~ ~ _ hiar ery A Kin er , a sin le adult :
Before me perso~a;~y srpea:ed _ y y ~
~ - - - - - - to me well known and known to me to be r
~r;d~vidua, described in and who execu:~~ the forego~ng in:t~ument, and acknaw~edged before me that She executed the same !w the purposes ~
~ -e~n exp~essed. ~e~lxi~e~i~XXXXXXXXXXXXXXXXX~DCXXXXX?CX?CXXXXXXXXXXX?IXXXXXXXXXXXXXXXXXXXXX
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~
~ tJiT'•iESS my hanJ ard o{fc•al sea~ ths .__~S___ _ day of______ y _ A. D. 19
~
~ ~w~ ~
i' Notary Public in and t tke 5 e of Ftorida at large
My Comm~ssion ex res: , .
Ret~!:n Te:
; ,rst FQderal Savir.?s & ioan Associ,t:on
~i' i'.RY r~~~ •!r. .^'tTf F!!`^.'pA ~t ll,pSE
C~ ~or. P ~ •c.. t.'_ . . . . 'i. 1y11 i
3 Fort P~e~ce. Ficr~ci~ L~s~.:w r.~,._.._~ .•u5, ii.St:dtk6 ~
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~ This Instrumer~t Prepared By RiChard K. Kayes
First Federal Savings 8~ Loan Association
_ _ ,
of Fort Pierce , Florida ~ - S
~ Checked By - - ~ ,R ` - -
~ --~ox2~39 ~A~f1~47 y j..: ~~.t.
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