HomeMy WebLinkAbout2149 3. To place and cuntinuo;.sly keep o~ tnr bui:dir,gs now or hrreaf~er ei~ueta on so:d ~ard and On all eqv~p~nero and prrso~sUy ca~e.ed by ~hii mor~y~
ege, w~th ati prenuums thrreon pa:d ~n tu:l, l:re ins..ro~.,a ~n the utwl standa~d ro'~cy form, irt a s~~n aFpro~ed by tho h10R(GAGEE, and wi~d~twm
~nw~ance in the usua! standard pol:iy lorm, in a wm aHprovrd by ~he MURTGAG:E, in ~uch tompany or compames a~ ~he htORTGAGEE may
dnsct; and all firo and w~ndstorm insura~ce po6c~es on any of said b~~ld~~~gs, any int~~a;st fhcrein O~ par~ thereof, in the aggrege~t sum aforesaid w',• ~
in excess ihe~eof, sF~all :oniain ihe ~su31 standard ~nottgagra c,ause or such otl~er uause as the Mouyagee may requ~re, ma?ing tl~ ioss unJe~ sa;d poli- ,
c~ei, each and every, pav.;blr ro sa~d A10R1GAGEE as ~~s ~~ir~rr~~ may appea~, ~nJ each and every si~ch po!~cy s1~a11 b~ promptly ass gnrd and detlve~ed to
sny held by said h50RiGAGiE as fu~ih.r secuiity to sa~d rt~orty~ge debt, ar.d, no~ !ess than len (10) deis i:i ad:~nce o1 the rxpirat~o~~ of each pol~cy, to da '
Gver ro said A10RTGaGEE a renewal tt,~~~eoi, toyerher with a rece~~,t for thc p~enu~m ~f such re~~ewal; and ~here shall be no f~re or w~ndstorm insuronce
p~aced on any oi saEd buildings, any interest Ihere~n w par~ thamof, ~nir~a in ihe fcrm and w~~h ti~r ioss payaule as atoresaid; and in t1~e event any sum
of money becoryes payab~e undar such polity or pohues t~~d MORTGAGEE shalf have the op?ion to rece~ve and app!y ~he ~ame on account of the indabred
ne3s set~red her~b or fo erm~~ sa~d MORTGAGORS ~o recei~e an use it d an ~ar+ ~n•~:r ~ac~s. . ovt ~hr. u; wo~.~ ;,r ce~p~,ir-
Y N d y i. o} ior o:.:. • p~r, vni, ~
iny any eqv~ry, Gen or righl under w by virtue of this mcr'gagc; and in the event sa~d MORiv::~^SS shall 4at any reason fail to kecp the sa~d p~emitat so
,ns~red, or fail to del~ver promrtly any of sa~c1 pol~cies cf imur~nce to sa~d ThORIGAGEE, o~ faif promptly to yay iully any pre~n~um therefor or in any
respKt tail to perfo~m, d~s:ha~qe, e¦rcute, effect, compteta, co^~Nly wirh and ab~de by ~h~s covenant, or any part horeof, said MGRTvAGEE ~nay place and
pay (w such insuran:e or any Fa~r th~reof w~~hout waivin or affectin an o t:on, Gen, e u~t or ri hr cnde~ w b vi~lue ol eh~s Aton a e, and the ~
9 9 Y p q Y• 9 V 9 9
full amo~nt of each and e.ery such poy:nero sh~it be ~Pim@Oidt2~y d~e a~~d payable and sha11 bear interrst irom tM date Ihereof untii pa:d a~ the rale o~
~:~e per ccntu~n per ann~:n and roq~:ih~~r ,~~;h wch ~n~a~~s! shali :,e s~~:un-d hy the tien o( Ih~a mortgoge.
1. To permit, com+iu~ or sutfer no ~naste, impa~me~~nt or e:etzr;oraticn cf sa~d E.roperiy w any part thereof.
5. To pay all a~d singular the costi, charges and e~penses, ~nc7~uing a reesonable atrwney's (ee and costs of abstracts o{ tiNe, inwrred or paid at
a~., tin e by s~~d INC;R?GAG;E, because or ~he ever,t oi the fa:lure o~ ihe pa~~ of the sald h\ORiGAGOR io duty, proo~ptly and fully perform, dncharge,
exccute, effect, comp,ete, comply w,th and ab:dr by ea.ti ar.d . very tl~e stip+,!ahons, agrrcmenfs, cond~tions, and covenants of said µro:n~ssory note and this
n:orrgage any or e~~her, a::d sa:d cosn, charg~s .,+~d eaFensis, rach a~~d every, sheU be immed~ately d~e and payable; wha~her or not there be nonce de ~
n,an•1, atre•npt ~o collrct or su~t pr~~d~ng; and t}~e fult a~r.ount of each and ek~cry such paymrm sh,,ll bea~ interest from ti~e date thereof until paid at the
• o~ n~ne pcr cent,.~., ~.cr a~~:~,.:•~; a:~~ a~. i~•~d ~asrs, ih.;:~rs a,~:i ~,.;>~~~s~s ~ix~~ned or Ha~d, together w~th su.h in~erest, shatl be setured by the 1~an of th~s
~nortg~ge.
b. Thaf (a) in the e+ent of any breach of thia Mortgage or defautt on tFe par? of the MORTGAGOR, or {b) in tha eveM any of satd tums of money
herein referrrd to be not pro«.Frty and f~Ily ya~d wirh~n ~h.rty (3J1 da~s ne.~t atter ~l~e sa~:~e seve~affy Mcome due and payable, without demand o+ notice,
er !c) in thr event each and evr~y tne st~pulanons, ayree~nents. ;o•:drt~ons and coaenants o} sa d pro~nissory note and th~s mortgage any o~ either are not
~.~ly, rom t~~ and tuii ~_+4o~meo, d~s~l:ar;•_ ~
p R v Y;° ~~d, ~~xec~~c~d, rfferrd, co:r;F:Ier-d, con•.;,::ed w~~h a•:d ac:~deo ~y, t{~en in euher or any such event the sa~d ag
,-~3ata sum mentior.ed ~n sa.d prom:ssarp notz then re+~,a~+.ing unpa~d, v.rth inte~r,t a:u.:ed, and a~l moneys sewred hereby, shall become due and pay-
ar.e fo:thw~rh, or !heie~!r~~, at the opr~o~ ot s.,id r110RiGAGiE, as tu~iy anc! cOn:prt..iy as ii a!I of the said :vms of money were ongina:ly sGpulated
r:: b.~ Fa.d o~ such dcy, ~nyt~ing ~n s,.ci o.a:,.,sso-y no!e or in tn~s 1.1u~egag= tu thc cc•~~ra.y nofw~rhs~a~d~ny; and ~hereupon w thereafter at the op~~on o(
s~d MOFTGAGfE, ~tiitF:o~r not~cr e< <icrna•~d, w,t ot faw or in ea~;ly, t'r~~~riore o! ther.~~iter begun, may be prosecuted as if dl) monrys secured hereby
~_d n,arured pna to ~ti ins~~r~~:on
7. That in ~iie event rha~ at tr.e bryren.~g ,f or at any t:~~:e pend:~~g any su~t u~~on this 1~orfgage, or ro ioreclose it, or to refo~m i1, or to enforee
.ment of any c:,~~r.s ~cre~•r.d•r. s,:d ?:,:)~TG~G_• .i,a :.,:,ply to i~.c• Co;rT s:,,,::,~ ~;,•;ld.ti,~„ !y,~.;.•of icr the dproint~neM Of a Rece~ver, such Court shall
~ ...~;'6 a,~po~~~r a n•:e~.er o! i.;:~ •~.;,~~~c: ;:•c; :.rtY a:; a:;d ;~.,y;:ar, ir,:'~;~ ny .,.f a~:d s~nyu~ar rre 1^come, prof,ts. issues ar.d revenues f~om whatever
~e d~-~.rd, each ar.d escry ~f v~ h, c.; q. ,•r , d:r„-d, ,s re ~c~ mc .i.~;ed as if spec~ficatly set fonh ard descnbed in the graming and
end~m c'a~~ses H~~reof, and such R~c~.•:er sE~,:, F_ a l•n ,.rc~~ ,::,d .•:~.-c ve tu^c...,:~s ind po~sers i~ anywise ent~usted by a Court to a Ueteiver, and
s_:h appoin±ment shai~ be made 6y s~cA Cc:,rr as a-~ ,;i~~:t~:1 cq.;~ry ,,no a nat+er ef au;.:(ute right to sa~d MORTGAGEE, and withcul re(erence to the
: ao~.y e~ inadequacy o( tke vai~e of ~i,.: p.o~,er~y mo~rq~-qed ur r;, rF;•- s_.t~_ uy or ~r.~o~veruy ~f sa~d J;t~RIGAGOR o~ the defendents, and that svch
~s. prcflrs, inccme, ~ssoes anJ revenues s%~a:i be app~~ed by svin kec~•~+e~ ac.ord~,.g tu_ti~e lim or eq~ity of said htORTGAGEE and the practi:e of such ~
_ccrr.
8. Ta du!y, prc~~, r:y and ful!y perform, dlxna+ge. execute, effect, co•r.p:ete, ce~^=;i~ w:th and abide by each and every the s!ipvlations, agree~nems,
...,i~ticns and covenanri m sa;d p:om~sso•y nore ~..3 th:s ciorcgeqe s_•~ fortn.
9. 'hat m the el•e~~t she ovvne~s^:f. of the n~o~~yaocd pren:~ses, o~ any part tnerecf, ~ecomes vested in a penon othe~ tha~ the MORTGAGOR, tF~e
•,RTv=.GEc i+s s~cc~•ss.-s ~nd as::yn,. ~:ay, v.:,1,~~,,s •-c;.ce !i~._ ;•.pRTGs ;~r~. ~+~•ai vnti~ <~ch successo~ or svttessor in intetest with reFerence ?o this
_+,_;3^ a: ci ~~e d,ct h~..~by seored in the sarne m,cn,•r as•a~~h i:~;ili7~y^Jt W:}IIOU} in amr way vit;ating or dncharging :he lAortgagors' ~iability here-
„r or vpo~ th.~ d..;:~ i,c;e~.~ se_.,r,.d. ~1o s~:~ of sb,e irr•~:;Ses h_r~k~~ rr,ortgaged ard nc fo~bea+ance on Ihe part of the h50RivAGEE or its successors
ss~g~,s a~~d no ~~rv,~.,s.on of eh.~ ~ f~r the c:~ y~ne~,t of tr,e debe h~reE~ secured g~ven by the I`/tORTGAGEE o+ its successors or assigns, ahall operate
c re ease, d~scherge, rt~.od.fr cr,an3e cr aflect tf:~ o~ig~n~i Iiai: l~ry of •i~e A',OkiGAGOR herein, either in whole or in part.
10. It is sp~ef;-a~.~ ag..rcd ihar i,:~•e is cF the rssen:e cf this convact and that no waiver oi any o6:~gation hereunder w of the obligation se-
c:,~ed h.~eby sha'~ at any t:~~:r ~herra6~rr t;e h~sd to be a v:alver of the !erms he:eof or of ih. instrument secured he~by.
11. ~n . L•! r:,_ r':~ ior~ _ . :.i,, -.is ei 3~ ~ed ~~~re~•_s~ +equ~~^J by the prom ssery no!e secu.ed hereb~, mortgagor eovenants
i agr~es n~ r~y ro r,c '.a?'_;ee ..;,t. ,,~~J I•n., ,,,;..._..i a~ :~~.;..:~„z' sv~~ ,s• , a~e:~ b~ mo:ryagee to be eq~al to l; l2 oE t5e annual cost of the foilow-
A--A~1 rcat ;~op..,t; ~ar.rs r:~c-.'. or a,s^~ ..<i rhe .;bove d•;sc~~b~.d ~I esvre.
6 Fr,• .s c:, f•N a, d... "tse:,:,•, :,w•,~ a• .s iz~~:efn :,q.,;r_d to 6~ c~:~-~r:1 fn= :mprov~me~ts s~tuate on the above described premises.
C-Pre~~,~_~..s en ~_ci n-;••~:., c7.,..•; :tr ~rsvra~ aS ~,~,Ty33.•~ s^a;: ~rc,• r•:. _ r~ +:~ne drem fit to carry on the loan secured hereby.
btortgeoee s~~_ '!~cm n•~.e +o .e no~ 4; mcrt ,ager ~n v.-* t~ng of the a~ o,;~r d.,~ and payab!e hereundrr and s~rch su~; shall thereupw~ be due and
~`e on +h_ ~i.,•~- ci <e ; o~~ r•~.-r a~d _•:c'~ z.:c; =ssi.e •~~on+h ri cr ,±r_r u~.ti: mwrgagee shall ~ot;fy mortaagor of a change in such
_nt. Such s~~ms st 3:i le .pF :~ed i,y m= tg •o:. ~-d rt e payment of re~l prcper+y taxes, insurance pre:n~ums, and mortgage g~aranty insurance
. .~e:s.
f i`d ~':lt"JE~S'+:NER~OF me s~~d ~Y.ORTGG~GCR iias nere~~!e se! h~s hdr:d ar.d ,eai rhe day and year fint aforesaed.
~ Signed. Sealed and deliver=d in the pfesence of: , j
t ~ _ _ ~ -L »n w~ , ti Sea!)
~ _ ennis Lamar Hazelli ~ ~~an
~ - _ ~ '
~ - K . . (Seaq
~ '-s-~-s - - Pamela K. Ha2e11' f ' cs~aq
F . ~ ~ OF FLORIDA ~
` St. Lucie ?
~ ~.'iTY OF - - ~
~ Before me persona!iy a~peared Denn1S l.amar Ha2ellief . a~
~ _P.3[OQla E(. Hazellief his wife, to me well known and known to me ro be
~ ~~-~d~v~dua!s descri~ed in and who exe<~red the foregoing instrument, and acknowledged before me that they executed the aame for the purposes
! -e~n expressed_ And the said_____ PdlYeld K. Nazellief
~ o of the sa~~ Dennis Lamar Hazellief upo~ a sepsrate and privsts ~
~ nat~on by me taaen s?parare and apart from her said husband, acknowledged to and before me that she executed said instrument freely and volun- j
~ - y and w thou~ any co.m.putsiort, constra~nt, apprehens:on~r fear of or from her said husband. ~
s Y11T!vE~S my hand and off~c~al seal this. _ day af MaY A. O. 19 75
' FItEO AhG~~{~RUe~ ~-L
ST. LU^i( C~I~jY FL~.Notary Pub~ic in a for $tate of florida at large 1
' f~''~" r`~' ~a$ My Commission e ~res:
~ Ret~rn to: CLE?F. ;,:;:~~I? COURT Mc!a.~. ~~c, of F:c-~do ot !o?~e
q ~:~st FeJeral Savinys 3 Loan Asscx~at~on RF~•~~.: .=}~r:~~~`~~ •
: Oi Fo•t P rr:.• / F'.; C_mr....:on E:.~ur<: :ul~• 22, 1977
; Fo., P;..,~E.. F.~,~~~ Mar 10 3 3s PH '75 ~ ~ w:::iw, ~ w:~~~ry
~ ~~u~ .
~ 308519 . ~
~ This Instrument Prepared By : Gary F. Ell~rood ~ 1 _
s First Federal Savmgs & Loan Assoaat~on - - '
~ of Fort Pierce , Florida ' : _ . "
~ ~ ` - :
~ Checked BY " _ - . :
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