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HomeMy WebLinkAbout2435 ~ . 3. To pla<e end continuously krep on the 4~~'d~~~ga now or hareaite~ s~~•~a~e on s.,:d :anJ ar.d on ~It cquip.nero ar.d per~onalty covered by thit mor~¢ ege, w~~h all pre:ni~ms u~ereon p~~d ~n full, f,re inf~ra:uu ~n the ~~.,sl st:.~~ud ~.u~~cy form, ~n + sum aFywved br 1he MOR~G:+GEE, and wmds~orm ~nsurance in the usual s~andard po:.cy fo~m, ~n a su~n ~pp~uvrd b~ the MORTG%.GEE, in such compeny or canpan~es as ~he MORiGAGEf may d.rect; and all (ire ar,d w~~xlswrm insura~~;e pol~ocs on any oF s.~~d b~~~d~r.gs, any imereU ?he~e~n or part tF.ereoi, in the eggregate wm aforeaaid w in eacess ~hereof, shall ;ontain the uwai s~~e,darJ mortyagee ciause w suth other c:e~sa a~ the Ab~tya9ee may eeqwro„maA~ng ~he ioef ~nJer se~J poli- c~es, each and evrry, pa~~b!e ro said \tJRTuAGlE es ~ta u:terrst moy oppear, e~~d each a~+d ~very such po!~cy shalt tx promptly ass g~~rd and de6vrred ~o eny held by sa~d MORfGAGEE es funher wcurity to sjid mortgaJe deb~, anJ, not ~es~ ~han ten (10) days in aJr,~nce of the e~p~fat~on of each poGCy, to da- i~.er to iaid A10RfGAGEE~a re~~ewal thereof, Iogethet w~th a recr~pt Fpr thr prr~nl~m oi su:h rene+ral; and there shall be no f~re o~ windsto~m insurance p!~ced oe any of sa~d bu~td~ngt, any in!ereat Inzrem w part thrr.:of, unlcaa in ~he fom~ a~:d a~~h ihe ~css payob~e as atoresa~d; a~d '+n ~he e~ent an~r sum o+ money beca.ui payabte under such policy o~ pol:ues sa~d IAORfGAGEE ihall have iI1@ ONhD~1 Io ~cce~ve aied apply tix same on account oi the indrbtrd- ness secutec: ===i t~ permit s~,d h10RTGAGOR$ to rv:ceive and vse it ot eny ~~r t1o:r.~of fo. oth••r ~:vr. ~i:~•s, ::;fno,:t ~h~nu. ~x..~.i~i~ o~ r++p.:ir• . ~n~ any tqu~ty, lien w ri~V~t under or by virwe of tnis mC:~~agc; a~d ~n Ihe evnnt sa~d MORTGAGOR$ shall fo~ any reason }ail lo keep thc said premis~s so • ~nw~ad, or fail to de'~ve~ pro~~,Ntly a„y oi sa~d poi,c:es oF nuurance ?o ia~d h10RTGAGEE, or iod p•omptly ~o pay fu!!y any pre~~t~~m theretor ar in any • r~srect fai~ to perfurm, J:sch~~qe, exrcuta, efiect, comptr~e, compiy wi~h ~nd ab=de by th~s covenant, o~ any pan h~ree(, sA~d MGRiGtiGEE may p~ace and ~~e; for such i~surante o~ any pa+t thcreof withow n,a~ving w afirttinq any opt:on, ~ien, equ:ty, or ~~yht under or by virlue of thes Mortgage, and the i a~nount oi ca:h and e.e~y s~ch payn:eM sh~ll be ,~:med~a~ely due a~~d payable and shai! baar infrrest 'rom ~ha date thercof u~:~ii po~d at the rate of e per Cent~m ~er a~~nu~.: a~~d to3;:~:•r ~,~!h i~~h int,.rcy~ shai~ Le sr..~~`d Ly the ~ien uf iF~l mOrtgage. 4. To permit, commit or sufier no waste, impa~rment w deter~oration of sa~d pro}'r~ty ot any part thereoF. 5. To pay all and singuiar ti~e costs, charges and erpensrs, i~dud~ng a reasonab!e auorney's (e:e and cosb of abstrads oi tiNe, incurred or paid at , n•,y ti~r.e by sa~d MGR?GAG°E, becavse w~n the event oi th: fa:lure on the part oi ~he sa~d MORTGAGOR lo duly, promplly and 4u!~y parform, d~scharge, ~,.~wte, effed, complere, cc.~pt~ av~~h and ab:de 6y each and avery the 3liputat~ons, agrr.a~nentl, cond~tions, and co~enants of sa~d prom:ssory note and thi~ ,,;rrgage any or e~~ner, a~id sad costs, ch~r9~s a~~~1 nxpenscs, each end evcry, shail br immed~ately due and payabte; whether w not the~e be notice dE? rr.ar~d, otte~npt to coliecl cr suit peed~ng; and the fu11 anwunt of each and every wch payn:er.t shjll bea. interest from the date thereof ~ntil paid ~t tht n~ne per crnt~m r~• o,,,,,. ~C ail s..~d cas~s, cna~~es a•~d ea;,~~~e~~s ~n:urrrd or pa~d, toyechcr w~th such ~nterest, shall be secured by the lien oi thit mOrtgage. - b. That (a) in the even! of any breach of ~his Mort9age or deFau:t on ~Fr_ pa~t e~ t!ie MORTGAGOR, or ~b) in the event any of sa:d sums of money h.~rein referred ro be not pranp~Iy and fuily pa~d w1tF:~n th,rry (3J) days nexi a~rer ine san,e severa:ly become due and payab!e, wilhout demand or notice, .ci in the event each and evrry ihr s!ipv~ations; agrcaments, cer,ci,r~o:+s and covenanrs of sa:d promisscry noie and ?h~s mortgage any or e~~her are ~wt i: :r.o~n~~tly and futly fr~riormcd, d.acha•g•rd, e~°c~:t~d, e~feCtBC~. COiri~ t'8:~, CO'»r ~~'U v.~~h ond at+d~d Sy, ~hen ~n either or any such eve~t the said a~ ~ ,•,~a!_ sum memioned in sa~d promi;;ory noee ih=n re+na~n.n~ w{F)d:CI, '.Y11F ~r:re~~•,: scu: ~d, acd a:! moncys secwed hereoy, sha!1 become due and pay- e}orth.vith, Of I~1ff2dtfE•f~ at the o{~•:on o4 s..d 1.10R1GAGEE, as f~~~y a~:i comp:r'cIy as ii ai! o( tiie sa~d wms of money were onginatly st~pu2ated ~ d on such dt/. ~nythicg ~n se ei ~,ro:•~.sso~y nofe er ~n ~Fus tJ~urtgagr to ~he co~~r:ary not~„~thstarx~~~u~; and thereupon or thereaiter a~ the op~~o~ oi i.? M.CIRTGRGEE, wa},oi~t no!,ce or de~na~:d. s.~~t at ~~w or in equity, ~hcieiure or therrelter kxc~un, may be pros~tuted as if all mooeys secured hereby c_d ~~,atured pr~ot to :t= i~stitut~on. 7. That en the event that at ti~e t:~y:r.n.~q cr at any !i~ne ;:end.ng any s~•~t upon this N'.ortyage, d!o foret~oie i!, or to refwm if, or.to enforce e~r of any c~~~ms he•eundcr, se~d iU~RT'JHV:~ s~~a'~ ~s:ptv tc ine Co~r~ h,~,: y ~.;:~sd.c~:on tt:e~aot for ~he appo~ntment of e Receiver, such Courf shail ~~.vith aNpoint a nce~:e~ ol s.~~d ~-:~~tga3•;d ~:rt:~ rty aE~ and s:•:gviar, i~.c:u~ ny d s~n~u~ar the iecome, p+ofds, isaues artd revenues from whatever ~c derived. e:cn a~~d eve+y of whcti, br~ng cu:re;sy u^~_-:s~cod, ~s !r;ee~ ~....•q~yed aS ~f spet~sica~ly set forth and deicribed in the grenting and ~.~_ndu~.: ::.~uscs herrof, a:•;i such R.ce~.r, sha;i h~ve a!i ~he brcad and eiiec•.rc :~~s and pO~vt~s in anyw~u entrusted by a Court to a Receive~, and s-:~~ appoimment shatl Gc rr.ade cy s~~ch Coort ~s an odnirted.eyu+ty arid a+~art~,r c~'-Lcr.~~te r.yht to said MORiGAGEE, and withoul reference to the ._.av~cy or inadeq,,acy of the v3:ve of rt~r p:e~;e~~y mo~~gagrd o: to ~i~e so..r•~:~ . •.c•~~ncy o~ aa[d MOR~GAGOR w the defendants, and that such ,+s. prof~rs, incar.e, issurs and rever,ues e~a1+ ~ app;:~-d by such Rec~uer accu~,~ .:g •C ~fE !~en or equ~ty of said MORTGAGEE and tix practice of sue~ u f l. 8. To Jvty, prcmptiy and (utly perfom. d~s;~~a.ge, e:ecvte, efFect, compiete. co::,:~/ w~th and abide by each and every the stipu!ations, agieements, :i~r;ons and ce+e:~ants sa~d oraT~~ssory ne:e ar:d Zhls morega~e se~ f~::h. 9. ~rar ;r, 1he r~-~~t che on•nenh:p os th~ mortgaoed pre~~~~ses. or any ~:aH ther~of, becomes vested in a persun otFer lhan the MORTGAGOR, the ':,At,c~, ~•s wc_css=rs vd assgr.s, ~n.+y, w:~hu„r +:os:ce ro rr:e ThO~'C~~.~R, dcei wnh wch successor or s~ccesso~ ~n imerest wnh reference to this +:3a~e and the dcot h~-~:by v~c~red m Ihe same n:a,:r.er as w+!h htortyr~o~ whhout in any way vitEating or d~scha~ging the Mottgagori liability here- o. upon ~i,e d_i,~ t~_rac» >~:v•_d. N;; s-~ e ei ~he ~:emises h~~reby ~r.ortg_y.:d a~d no ior~ea~ance an the part of the /dORiGAGEE or its succeswra .,g_.•jnS dr(~ nn na'cI~S~G1 C.~ ifln !.;^n {._r •R.~ i,ay+rPflt OI the dPht ~1=~n•(,y SrC~rc~ y..~~. u~ ii~o .:vn:v::v:` au:~'aiwt G. .c.:.y:'.... ~.1.... L3~..£.3=.s ~ _~se. d.xharge, mcd~f~ c~:ar.g_ o~ aiir:f i'~e c•~yr.~.~i iiau:.~t~ of !ne L.J~ii'v'4CiOR herrin, either in whofe or in parL 10. It is spFCf~cat!~ ;g~~~ed n:a• ~.~„e ~s of tt:: esserce cf t4eEs co •~racr and tha~ no waiver of any obtlgarion hereundet o~ of the ob:igatan sr ed h~reby sha!: at any ti~.e tnr;_aiti: b~ n~'d ro be a v:s~re~ of the !en:~s herevi or of the ir~strument secv~ed he~by. i i In ,,:id t..; i~o r%:_. :.-r ;c:. ••_7 .en ~ i~: y.^ ~ts of p~~ c pj' ar.d i.;v_,.. ,t rrq~:: ~d by the prom sv:ry no~r secured hereb/, morfgagor covenanis ~~~ees to p~y ro •-:o-~g _.:e ti,•n .•,.r. ~rc~~~ie r;.,:._,_~-t dn a.i:i.~~ona! sv;~ ;s• ~..•_d 'o~ m~.tgagee to be eq~al to l; 12 of the anr.ual cost of the follow- A-AEI rcal rroper.y la.rs •i r~_:: c ;zses~ c. ti,~. a:.a.e c:rsr•,bed r~.a: es•.;te. 6-Ft~_;•:.u::~s on t;w ar.d r.ind5t~ •n ;rsu•~r'ce as ne:•~~rt r•~q~.r^d to be tarr~•d rn~ •hc ~mrrovemems siware vn ~i~u eovve ciratr~i~rti Nrr~~~ian. C-Pr-~,~.:;~•s o~ :,:h ~::n._-~e g~.-~::,t~ .rs:~+: c_ as r..,, t_~.ayee s;.~;~ fr;,~^ . ro t~~ne deem fii to carry on the loan setur~d hereby. ' V'ortga3ee r„ `rc:n ..r to ',c~e ^.i; _-:~.,~c+ •n :.*~t,eg o1 the .~•-o::~t d.,e and p~yab[e hereundrr and s~ch su~r; shall thereupon be due and on th~ ci~e d_rc ci tne ~~e.~ :.o :rr'; c.::,~~ env ar~d e.:c%~ svccess~ve ~.c~:!h rh~•reaf~er uct~i morrga3ee sha!I rotify mortgagor of a ehange in such ~ _,•r. $uch sums s~a.j :-e ~;:L:~rd t.q r...,r.,.:_, e to::a-,a, t.._ ,>;ment of rea! o•cperr~ taaes, insurance prem:ums, a~xi mortgage guaranfy insurante ~ ~ _ ~~s. ~ IN L'J i ::HEREGF, rne sa; 1J.:~RTi;~~'~R has here~r~to set nis hanJ and s+•jt the day and year first aioresaid. ` E Si I -~~e~ed - thv pres e of • ° ~ f f ~ _ ;:~+~DE~J ~ L~j~~~~-~ ~..~1t-~--~ tSeap ~ - Lc~ --f~ T.LUC~:. ~„~liTr EIA. c~ ~ p a~ ' L ~ (Seaq ~ - - - - - - - ~l~ ;r~ _ CCUF~ i ~ -y 1 - (Seal) - - - - - - ~ t r . , . . _ Robbie L. Hooper es~aq OF FLORIDA )Y~Y 2~ L 46 ~~1'~~ , ' St. [.ucie }`~~s - ~'STY OF - - - 1 ' - Before mt personal;y appeared •j~Q3 g. HooneY and Robbie L. Hoo er ' p his w~fe, to me well known and known 1o me to be ~ ~nd~ridua!s desc.ibed in and r.F+o exetused the forrro~rx,~ instrurrent, and acknow~edged before me that they executed the same ~or the purposes ~ _•e~n ezpressed. P.nd the sa+d________- Robbie I.• Hooper of the ~~a _ Jaaes g• Hooper _ „P«, a separate and private ~ :~ar:on by me ta4_n s~parate ar.d a~art from her sa~d hvsband, acknowtedged to and before rtte that she exetuted said instrument freely and vol~n- ~ ~ ~ and w~shous any compuls~on, constra~-:t, app~ehenron, or fear of ar from her said husband. ~ Y1ITNESS my hand and ofi~ual seal ±h~s_ L_ _ day of MaV A. D. 19~~ ~ :G~<•~~u~ i ~ - ~ ,,L,~,L~v ~ j ~ ~ Nolery Public in and for tFjf tate of Florida at large ~ ' My Comm~ssion expires: ~ C ~ ~G ~ Retu~n 10: i nst Federal Sa~~~ngs a Loan Associatlon ~ Oi Fo•t P _~Lt~t~~lql11/~ Fort Pierce. F!c~~Ja ~ ~ ~1~~~~I~I. ;n ~ ~ ~ 1 . ~ I~ r~ / ~ 'i:'• ~~.c~. • % ~ ~ g ~ This InstrumeM Prepared By Robezt A. SwisheZ ~ JZ. 1 ~ ~ F+rst Federel Savings 8~ Loan Association .y ; ~ ~ of Fort Pierce ~ Flor ida 33450 , ' ~ y i0 ` ~ ~ ~ r : Checked By ~ _ J ~ o R 2428 ~ . aocK 2~ P~cE ; ~ . _ . , . ~ ~ _ ~ , ~ ~ s ~ . __~,.~._~.,.r~ _s _ = = . .