HomeMy WebLinkAbout1956 To place and cont~nvovsiy keep on ihe buiidrr.gs now or hercofter ?lru+ra on sa:d and end on aH rq~~~,:.~rnt snd pe~sonaliy ~_~+arrd by thit mp~g~
e~e, w:th all prem;~rns thrrran pa.d in (~:I, fuc ws.,i~n« ~n the w~~t s+anda~J ~o'~cy fo~m, i~ a sum di:N~UrECI by the MOR~GAGEE, and w~~dsturm
.niu.ance in ~he usual Standa~d pol,cy fwm, in a sum aF~:ro,~rd hy ~he ti1JkTGAGEE, ;n such company o. compan~es as ~he MORTI;AGEE may ~
d~rrcr, and all fire snd uv;nJsrorrn ~nswanca pohc~as on any of said b~ud~rgs, any interest Ihc~ein or pa~l thureof, in ths agg~egate ~um afaesaid a -
i,, excrsa ihercwf, iF:aN :onte~n the uwal s~.+~idard mortyag~t c~a~•se w such oriier c'.+use aa the hlo.tyagee may ~rqv~ro, msk~n9 the loss unde~ sa~d po1F '
c es, each and e~~ery, pa~abtr ro sa~d AIJRTGAGCE os ~ts ~me~.,sl n~ay ap{x.a~, ~~id ~ 3;r. ,,r~d e+~e.y s.:ch po.,cy s!~ell promptry ess gnrd and delivrred ~o
any hrtd by se~d MORTGAGiE a; furthrr ~ecur~ry ro safd ~•,u~~~e~e d~n1, a~:d, net !eis ~%~an ~en (IOi d~~s ~n ad.a~,ce o( ihe exp~ra+~on ol each pol:cy, to da
;~~t~ to sa~d MORiGAC•Ef a renewal thcreof, to.~eiher w~!h a rcce pt for tho prrmiu n o( s~ch renewa~; and thrre shail ba rw iire or w+nds~orm i~surante
p~xed on any ol sa~d bvild~ng~, any iroarest therein a par? ther_of, un:~s~ ~n the• for~n a~~d wi~h the losa payable as aforesa~d; anJ in the evem any sum
or money becomes payab'e ~nder ~vch poticy or pobues sa~d t~OkTGAGEE shall have ~he opt~on ro rece~~e end apply fhe same on accoun? oi the indabted-
r~ess set~red h¢reby ot ro~:e~m~t s~id tdpRi'vAG~7RS lo rrcr~ve and use i1 w any ~.,~t rh:,. of tov o:n.: r i.~r; ocrs. v..~iiout ih u. r:a~.: ur nnpair
~~g any eqo~ty, I~en or right ~n:lc~ o~ by viri~e of th~s mo:~gage; and in t{re evem ta~d fl~: RTGAGORS shelt toi zny reason faif to keep ihe sa~d premises so _
ns~rrd, or fail to d~~trvc~ pro~nptly any of s~~d po~~ci~•s of +nsurante to sa~d h40RiGAvEE, ot fail promptly ro pay fuity any premi~m thcrefor or in any
rrsF~ect fail to perFo~m, d:uharge, eaec~te, e~fett, con,p:eia, co:nply u~th a:xl at~~de 6y ~h~s cuv~ne~it, or any parf i~a~eoi, sald MGRT3AGEE may place ar,d -
`3; fw such insurance or ary pa~t thereof w;~hout woiving or affec!i~:g any opr~oo, I;rn, equ~~y, or r~ght under a by virtue of this hlortg~ge, a~d the
f~'I amount of each and e~e•y s~:ch pa~mert sh~l! be in ~~iediately d~e ~nd E:a~able a:.d +hali bear inlerest i~om the date thercof u~~ti~ pa~d at the :ate of
c per centum F~. an~iu~n a„d tc.~_~~h~•~ ~nrth s..~ch inL:_st sh.iia sr:~r:1 br the :;Pr, o( this morrgage.
To permie, comn,ii or suf(er na v`as~e, im,pai~r.:~nf or deirf~ororicn uf said property w any part therrof,
5_ To pay all arxl singvls~ ~tro costa. charges and etpe~~zes, inciud~~~g a reasonab!e atrorney's fee and cosrs of abstracts of tiNe, incurred or pa~d at
rf~ne by sa~d MGRfGAG:F., beca~se o+ ~n ehe ev~n! of ti,e {J.W(E• on ti~e pari ui ss~d MORTGAGOR w duiy, promptly and fully pe~~o~m, d~scha~ge.
~~.~re, effect, wmE~iere, wmN!y w~th and ab:Jr by eacn and r~ery ihr Slipiia+.ons, agreemcnts, cond:r.ons, and covarams of sa~d pro:n~sso~y note and this
~r3age any or eirher, ar.d sa d costs, chargea and eap~nsei, each and evrry, shaii be ~~n;r~rd~atrly dve and payab!e; whether vr not there be notice de
ette~npf ro coi+ect or svit pr~,d:ng; and ~ha tu11 a~ix~un~ of each and r:rry svch paymem shall bear imerest f~om the date thereof until paid ~t the
n;.,e E:,r ~enr~~~~ an w:n; ~ an sa~J c~.n's. :.~arg_~ a~d r.,.~nscs .~uur:eJ er ~:~~d, togeti~er w~th suth m~Erest, shall be seG~ted by the lien of this
.,;~.ryage.
A. That (a) in ~he ev-rnr ot any breacfi of th~s Ator:gagr or d~fa::'~ en ths p~;rt ef nc~ t.10RTGAGOR: or ;61 ;n the event any of sa:d wms of money
hrrein referrad ro i~e no~ pro~•~p!ly ar.d t~,~y pa~d w~~hin ~h:.ty ;301 days next a~ter u,e same severa:~y become due and payable, wuhout demand o~ notice.
cr c, in ~hr r.em each an~! erery ~hr shpv;ar:o~s, ayreemants, cer.d•'~o~s an~ ~y.enants sa.d p~omisso~y ~wfe a~d th~s mortgage any or e~ther are nal
,~:ro:nptly and t~ :y }:~rf0'n'.B;I. 5~~•3.". e~, ~;CC:,`ed. e~fececd ec~n iet..d. co^•,,..:d v.~ch ~
~ ~ N a• d a6~d_d 5y, then ~n e:~her or any such event the sa~d ag
~'::_.ra w~n ment~o~~ed Eo 53:tI prar..isory n..tc t:.en ~e:~»~ning u~:pe~d, x~rh ~nTeic;r x.r,;rd, ar.d ait moneys secu~ed F.ereby, shal} betome due and pay-
c• forthwith, o+ ti~errafter, at the on•~:. ~ v! s;~d f.':pRiGAGiE, 3s f~iiy arrl .c~n,..ct~•i~ as ii ait of ti~~• said sums of money were oreg~nally shpu:ated
i r pa.d on su:h c,.i, .}~r,~h;r:g ;n s., o c.rc ~ ssory t:ote or i~ eh~s 1.1e:t~ag~~ ro th_ cu=~vary nor,v~ths~and:ng; and thereupon w thereafier at the ophon of
s_:".ORTGAGEE, w~*ho~~t ra,cr or den~.:~~a, s~~~t a~ lor: or in eyc.ty, thereiorc or t!.rr_aitr~ begun, may be proarcuted as if all moneys secured hereby
•~~at~red pr~or to ~ts ~•~snn;•:on
7_ That ~n the ev~•~u rt.c~ at !h~: bec,;~n •,3 ,_f or at any ~m,e u=nd~~ y any .;ccn this Mo~tgage, o+ to (orEClose or to reform it, or fo enEorte
_~~it oi any r,~n:s ! u.- se~d I:~VRILN.>L' S~~J ~ ap~!r ro t~•= Cu,,rt h~ . u. ,,.f.ct•cn :hereof fw the appo~ntw~em of a Receiver, wch Court shall
..:•h aorc~nt a-, , r ofys,:d ~._•!y3~_d ::.•,.:_:•iy a~3 s•^yu~a., i._!uJ.r,g w~ -,n.f s~:~_iu:er fl,e ~:•come, pro1~~s, issues ar.d revenues from wh.;tever
~.'e~~1r9. eaci~ and ~.ety ot c~+, r r,•,: g.:xpress': .,~:d_~~s!e,uci. :s t.ereby mo~+•,~~~~d r.s if s~ec.~~caity set {o•th and deseribed in the granting and
-r.:m c a:~>es I:CntUF. ord s~~ch 2ece:r,:: sF:,:i; h„~: a~~ me t,:oad c„d r=fec•:.e fu-:+ c.~,s ~nd pc:v.r.s in anyw~se entrusred by a Cou~t to a Rec~iver, a~d
~ ;`oinr~ne^.r sn.>>: or ~.:eJe by s~cF C^~••t as ar~ ~ cyu~ty end a r e•~rr e. ,~`,eo ~tr r~ght to sa~d MORTGAGEE, and vaithcut referenee to the
_:y o• :na;leq;,ac, of tne va.ur uf the n+eyer~y mor!gsgrd ~r to ih~• s~.c^:r • ~'s, •ency of sa~d MORiGAGOR or the dcfer~dants, and that sueh
- prei;n, income, rssu_~s a~:d raven,.es :ha~t :r: ap;:;;ed by su.h Rece;~.rr ~....~.'.g ~e thr :ien or rqudy of sa:d MORiGAGE[ and the practice of wch
8. To d.'v, oromr.':y a~:d '.u:~y pe~'o•m, d~sc'r:arg~, execvre, ef!ect, comp:ere, ce:•~c iy v;I!h and ab~d~ by eacfi and every the stipviations, agreemenis,
~~s ~r~d :ovc~nanrs n sa~d prom~ssor~ no+e s::d ih:s m_:~gaj.~ s•.t fort~.
9 T'r.a~ in :h~ evenr ~hc ~,.~ers~r~ of tnY :~o~!~aged prz-~!ses, or a-i~ part thereof, cecomes vested in a person other than the MORTGAGpR, the
~ ~+s s~:v_ss::~s .:•::i ys~,~~,s ~,•a;, .v ~l.s. t r~et~ce :o ~hr t; •JR7t;;:.~R, deai ,•,~rh s~ce, successo. w successar in inreresf with reference to this
_3e~a:.d thc ti~~t h_rc~~~ sr~~r_d u: ;a,•i•: .r:cr as ..::h ...,.t:3aqo~ ~e•.thcut :n a~y way vit:ating pr d:ichaiging Ihe l~lo:tgagOrs" liability here~
cc vF>on rh~ d~bt ne~,•_ ~ s;c .:ci `:u s=:-~ o! e c•~ •:s~~s _•b, ~~~3;g~-d ar.d no for6.;a•ance on the parr of the IdORTGAGEE or its svccesson
:-r~s a~d n~ exr~~rs.o~ o~ ±n~• - . ri.,~ .,~y • ,f t~~~~ ci~!,• t:-•~~~!:•: s~..:~ed gi.en by the N.ORTGAGE~ or rts s~ccessors or ass~gm, ahall operate
r,se, ci~scharge. n•cd:f~ c~~~ ~e o• a'~r.t t~e c-,_:.,:a: t,. ':t~ o? ti:e l;.JR(G~C,OR }:ercin, eiiher in whole or in pa:t.
IG. It ;s scrc f•;~~,y ag.~ed ~hat r:nr is uf +~~e ;ssz~nce of ~i.s co•~r;act ar.d tF:at no waioer of any obi~gation hereunder or of fhe obligatan se-
:d h:reby s~ai: at an~ ti~.e ~t~~rea':er be '^~~.-i to ~ a v:a„r.~r o~ t~:e •e:n:s h~r~of cr of the instrumeN secwed herby.
11. ;n ;ciri , r, ; -_g:. . n,s o' . _ . . :.ad _ .e~~:,;r~-d 'oy the prom[sscry no~e secured hereb~. mortgagor eovenants
~ ~ _ vrs to ..ar tn ..~o•t~+a.~ ,,sh .,a~h n n, .
_ - - , _ _ ~ _ . _ _ _ to 1, 12 of the an~ual cost of the follow-
, A-Ail r.ei ;;r,y~erty ta,~.:s r~. c.,. a~.s~e~:., e::n~,s• :u:o.e de~crlc_J _aI ae+are.
b-Q: : s o:> f!.., a,•d r. :tdcr.. .ns~r.:• i~~ iir^~-~ q.~ r_c: tn b~~ ,a•~~• r' c~i t~e improveme~ts S~tuate on the above dsstribed premises. !
j C- Prc n:l,. s o~ ~:ch ~ o~tr ~ g;a•a. , ir,: ~r.~•:gaG ~ s!~3I•. ' c:-- t^e to r~me deem fit to carry on ihe loan secured hereby. ~
I h+.o Toa~_~.= s.' '._.~r. ;:-.~e to ~ r.,,_~~, n r r,r,n~ o= ~he ~ u_•~t d,~e ar.d payabie hereunder and such surn sha11 thcreupon be due and p
u~ tl,: ci a~-, o r:~ ~ t ~.c a;,d c ci~ s,:cces~ve .~•o• th r_-<att~~ uctii mcrtgagee shall notify r~orrgagor of a change in such
! S~cti so rs s' ~ 3:; b, n:e __.o..a-d ;f e~-ayn~.ent of reai pror,er~y faxes, insurance pren~:ums, a~~d mortgage guaranty insurante
i . ,'-~~s. E s`
~ Iti: :.ITr~E~S N_~2:(iF, tr.e sa d N,JktC~:.;,Gn' has ~:ercu ,eo se~ h~s h~nd and seai he day a ye f,lst afore
ned, Seated and ~:ve~ed~n t~e preser.cr of: ~
~ - - - - - - ~aEV ~u~efo ~ >
ST.Ll3C~c ..'3~`~ASLA. vl Seal)
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` ~ t~-- - CL:~'. ~i t`!1: C~)JRT ~1, ISeaq
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~ ~ t~ J 59 1 fi'1~ Seaf)
• i CF FLORIDA
. ~~:*•r oF - St. I,uCie------ 1 ss. a~, ~~~9~
~ Qavid P._ Kelly
Befor! me personaSiy appe?red _ .
~ , ------~1L~s3~~a_~~~-- _ h~s wife. to me well known and knawn to me to b~ . :
, ;-r3~.idua's desr:S'G~d !n and ~.ho e¦r.~feJ :hs {oregoing ins?rvment, and ac'r.now;edged i>efore me that they executed the same_ior,'th! pvrpbses £
~ " ~ expressed. Acd t~e sa~d_ _ Su53t1 S~ Kelly ~ . - . ~
~ David p. Kell ~ ~
s _ o' the said y upen b t@parate~atld ~ivstY.'v f
~ ••~.+.on by me ts'..en se;.ar;te aed apart fre~r. her sa~~ husband, acknowledged te a~d before me that she executed said instrump~t frqelr ahd volur~-`-
~ ; and w~thovt any :pmpu's~on, to~~s:rair,t, aFpre~en3,on, or fear of or from her said husband. ; , • N~_
~ 'q G7 ~
= i~V{T1~E55 my hand acd off~c~a~ seaf th:s- -----16th- - Vay of------ ia~ ~~rA_ D. 19~~I
i V' J I ~
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; , Notbry Pubf~c in and for the State of ftwds.at. r >
My Comm~ssion eapires: ~ ~ %~,.U~
z Return To: T
K i
rsr Federal Sa+~ngs d. lo~n Assoc~,r.on ~
~ pj :~..r p ~ . ~
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~ Fort P~rrce, Fio-•~.J3 ~
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~ This Instrument Prepared By J. H. Rpbg!'~s Jr. ~ ~
~ First Federal Savings 8~ loan Association ~ 80a~~'vy ~'E~951
~ of Fort Pierce~ Flo2'ida Y
y ~
~ ~hecked B
n
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~ ~ csw ~
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