HomeMy WebLinkAbout2439 io place and cuN~nvowly ?rep o~ ~he bu~;Jings now o? herfef~N 1it~ato on so:d ~and dnd u~ a11 rqu~p~nent and personaity cooered by ~hf~ mortg~
ags, w~th sll premiuma Iharcw~ p~~d m f~il, f~re inswence ~n Ihe ~~s.~+i s~andarJ pu!icy for.n, in • ium aHprored b? ~he A10R~GAGEE, a~~d wmJsto~m
~~swartce in the usual iianda~d po~.cy fo~m, in a wm approved by the MORTGhGiE, in such compsny or Cwnpanil~ ai ~he N.ORTGAG[E may
d~rcc?; and all (i~e and w~nJstorm insurance pofic~es on any ol s+~d bui.c~ngs, any in~oresl fherrin ur part thereof, in tM a99reya~e sum afwetaid or
in e:cess thereof, ~T:all :nnta~n ~i:e ~wal st•~~,dard mor~yegee cla~~fe o~ such o+her ~'a~se as the A\origegee may requ~ro, malinq Ihe Io» uncfer sad polf
c~es, tach and every, paraU'e ro sa~d btJR1GAGEE af .ts u:tr~:s~ ~nay appear, and ea.h e~~d eve~y wch ~w+:c~ s~~all !x p~omptly aSSg~ied e~~d d~:~vered ~O
an~ hcld by sa~d IAORfGAGEE as furthar sewiity to said mu~ty3ge d-br, ar.d, net lea than ten (IOi dayi in aJ.ranca of ~he exp~~ot~on of each pol~ty, to d~- _
l,ver to u1d hIpRTGAGEE a re~~ewal thereof, toye~her with a ~ece~pt fpr thr prrm~~m of such rene+.~1: and there shall k~ ra f~re or windato~m insurance
pl+ced on •ny o4 said bvildings, any inhrrst therem w part tiiereof, un:rss in tht form wxl v~i~h ~he Icss payab!e as afc~esaid; and in the even~ any sum
of money becom.e~ parab~e vnder such policq w pohciei sa~d ?AOR?GAGcE shali have ~ha oFt~on to recaive ond apply tha same on account of ~he indabted~
ness sec~rcJ hereby or ro permit sa~d /AORTGAGORS to recrrve and use it w any th•_:eof ir,r osn~•r ~ur. ;,zrs, .•..thout .v~~+~ ~g or ~•np.,n-
~ny any equ~ty, lien o~ right under or by virtue of thia mor'gaye; and in the evem sa'd 6102TGAGORS aha11 for any reawn (ail to keep thc said premisa~ so
~~5ured, er foil to deliYC~ F;ro~nNtly any of sa~d pol:cies oF inaura+ua to saEd MOR1GAGtE, or fai; pron~ptly ro pay fully any premi~m thcrefor or in anr
.esreu fail to perform, d~;:h~~~e, e~ecute. eited, con+p~rtr, co~~ply wirh and ab~de by th~~ covanant, or any parr hr~eoi, said MGRTGAGEE may pface and
ra~ fo+ such ~nwrance or any Far~ ther~of w~shout waiving or afie;!ing any op~iun, ~ien, eqwty, or righl unde~ or b/ vi~tue of this Mw~gage, and the
r~,;1 a~nount of ea.h and e.ery svth payrr.ent ah~11 br ~mmrd~atety due rnd pr;abt~: a~J snall oaar interest i~cm the date thercol un~il paid a1 the rate ol
c per t~•n!urn per annum ond ~o~;ti~.~r ,n~fh su:~• u,!r~~ sT .ha i!~ se;~red by the I.en uf thi3 mortgage. .
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d. To per,ni~, commit or suf(er ~o waste, impairinent ar dcter~orat;on of sa~d property w any part thereof, •
5. To pay ail a~d singular tt~e costs, charues and exprnaas. ~~ciud~r.q a reasonahle attorney's iee and cos~s oi abstracts o( tiNe, inturred w paid af
~~~re by s~~d hIORtGAG,F, hecevse or in the even~ of fhe ta:ture on ~ix p.~n of the w.d ~~oRiGaGOa to duty, promptly and fulty perform, d~uharge,
.~rvte, efiea, comp'ete, cc~tply wnh and ab.cJe bY each and every rt~e :t~puia~~o~~s, agre~~nents, conditions, and covenanis o; said p:omissory note ar,d thi~
o r;age any o~ e~nc~r, and sa,d cests, charges ar J ca}:enscs. ea:h a^d rvery, shali be immed~otety due and payab:e; whe~her p not there be notice d~
~•~:f, at.e~npt lo tol:ect or suil Exnd~ng; and if~e full amo~nt of each anJ eve~y svch pa;mem ehall bea~ interesl from the date the~eol untii paid at th!
r.~ce per canturr. F~~. an~~v.n, enc: o~i ss~~ •...s•s. cin~~ra aoJ cr;.~•~:s~s ~rc~:rrd or po~J ~ogrther ~v~th such ~nteres~, aFw+ll be secured by the I~en of th~~
n o-rgage.
b. That (a) in fhe cvem of any brea;h of +hia Ato~r~,~gr or deI3J:~ on ri~e pa.t ef the AlORiGAGOR, or !b) in the eveM any of se:d svms of money
hcre;n refe~red to be not pra~.pdy acd fuUy pa.d ~v~tiu~z th.rty t3ui da~s next a~rer ~he same s~+era:ty become due and payab:e, wi~hout demand or notice.
c~ in rha event each and rve.y ~hr St~p~,at~~nS, aqreemeMS co~dn~o,s and c:,+e~an~a of sa.d pro.n~ssory note and th~s mortgage any w either are nol
c;•o~~,;:Hy a~,d i;,t;y .~;rrtorn:•_d, i1s:ti:tr,•,d. •_a~:~!:~d: ej~e:ted co~:~i.;ered co~.•.:,~.d „~~h and a:.~d~d Sy. then in either or any such event the sa~d ag-
, 7_~+.•_ s~m m.e~~noncd :n sa~d prcmissc*y ~~cre :l,~~n :e:~~a~n;ny ~~;Na~d, v.nh interes~ ~c.r~cd, ared oi~ ~oone~s secured hereby, shall become due aod pay
. fo~th,v~~h, or thercaf•_r, at the o;~•;c~ cf s„d A1•J2IGAGEE, as f,,~h; a~~ .om~~..r~ iy as if a~i of tii~• sa:d sums of money were or~ginal;y sf~pviated
i• pa d cn s~~ch U,:y, ~nythi:,~ ;n cro ~;,ssn~y nofa o: in ~h,s h',ortqag ~ to the cr~,~~ary noF.v~thsta~~d,:~9; and ~hereupon or thereafter at the opt~on of
ORTvAGEE, w~:...-,•_! not o• drn.and, sun at ~eav o~ ~n equ~ty. the~e:vre or ~h_•rce!ter begun, may bc prosewted as it all moneys secured f~ereby
~ i ••,at~r~d pr~~r :a ,ts i:~srit~t;on. .
7. Th~f ~n r~.,,• f-„•,•:t rt~ar at ~'r:e 6~ ~;n~„.-~ •,f o~ at any t~~•,e t.r:nd~,~y a~y ac:t upc:n th~s ~dortgage, or to fwedose it, or to re(orm it, or fo enforce
..~:.N of any c: as '~re~e~cr. se~ci .`.:J~Y,iia;;_; s~.a`f ai,p:y +u th~ Court ha+.rg ;w:,c: u,on fhe~ru! for the tppo~ntmMi of a Receiver, suth Court shall
...th: ~.t ~•,t a• ; f s, :-...-•:t.,,i~ r? :.roi:~ •t; ,:~d ~ r,ac''.~r, i.d~d:ng a;l 3ne: S~ny~:ar tiie income, prot~ts. issues and revenues frar whatever
, _ de~,~z~d. ~,:;n trr; •:ery „f .h, :_.,.g c~; :,:;:~_:s~vc;i. ~s he'eby mort~~y,~d as i1 spec~fically set iarth and deur;bed in the granting and
;i,,m c:aus~~s F..r,.~ .;r.~ ~_ch R_,c_~.:: s~~ ~'t a: ai~.. l,r,,.:.i ..d •~t!ec!:ve f:;ne~ _ns ~nd powers in anyw~se entrusted by a Cev~t to a Receiver, and
,::n~c~~• :r s~~ : c~ rn,rde ;,y r.,ch Co~~•~ .:s a~: .~d: ;tr_• i.•yc.r, .;nd a~..a+i~~r of ,.t:sol~ee r~ght to sa~d NtORTGAGEE, and withc~t re(erence to the
i...•c~ o• madeq_:t~ o+ tr:r ra;:.z~ of eh•~ ~,•_;,;~.t~ no~rqcued or tn •i:~• sc.._~~:, ~i,~r,so~vency of sa~d IdORiGAGOR or the defendants, and that sueh
•s Frotrs, iritan~•, ~ss~>-s and re.: ::.,~s >hJ:l LE apr~:cd t,r such kcc~_~ver ,uc~. ~g ~e The I~en or equity o' said MORTGAGEE and the prattice of suth
~r.
9. To dv'~, pro:;~'i r~~d f~~'~y pe~lurm, d;~_~,a•,e, lttC.,~t,. Ej`E".~. c.~rn{)~r!r, .~j 'N~rh and a~ede by each and every the stipufations, agreements,
~..t cns ar•d lJ'Ji"13'l~S ~n s~~a ~u~r.~.sso: ~ note ~n~5 r.::~rrya~e se~ fcrti+
9. ihat ~n the e.•~~r tF.e o.vr;e~sh'i. of ti =•nc-~gaged pre ~~•ses, or any part therec~. Eecomes vested •.n a-person other than the MORTGAGOit, the
, ~,~~.v:E ;rs wucss~~s ~~:u ~55:•_i.s, ~:ay, .v~:ho.~7 nvLCC so +;,e :.;GRi;,.'•Jit, deei „ri~ wch successo~ a s~ccessor ~n imerest •.v~th reference to this ~
~a~e a~ d tnc d-•et t_r~b~ v~~~ed in t~~e n~m: n.,~.~~cr as .,,:h Lt~rtg~go• wilhcut :n a~y way vit:ati~g w dacha~ging the Mortgugcrs' liability herr
or =;pon the d-at heraty s:ci•red. Nc, s+r o' ihe ~re~.~ses h~rrb~ morg_gea ar:d no forbearance o~ the Fart oF the MORiGAGEE or its svccessors
_s: a~•s a~;d ~:o ~x:e~-s:o~ of ti~.~ f:~~~o foc ~he ~.~v+~:~•~~ ot the debT iie~et~: SCC~rfL g~+c~ by the MORTGAGEE or ~ts successors or assigns, a~~all operate
_~~se. d:scha:ge. R,.xl:fy chang., or vrfect rt;~ c, y.~:,,t i[..~..l:rr oi +i-e N,t;RTC-AGOR herein, e;ther in whole or in part.
10. ~t iz spec f;:a iy : y~a~d ti.ar t~me Ss of rha rsser.ce of th;s co~•:act a^d thas no wai~e~ of any obi~gat~on hereunder w of the ob!igation sr
;:•~;d h~reby shaA at any tin.e ~~~ereaEoer be hc:d to br a waivc•r of the !erms hereof or of the inavumenl setured he~by.
7 t. In ..~i.l , v+f,e io~.,go i~ r , ,.es or .:•r ~,.e; d~r~eresr re•~u~:;d 'o~ the p~om'sscry nore secured hereby. mortgagor eovenants
••~r_Y•c !o ~:ay to ~.o•~,~ :...~h ;~y ; ~nt ~c:.i:•.-,:~a, s::^~ .are_! h~ mortgagee to be eqvai to I. 12 of tha annual cost of the follow-
A-:.~~ real ; rope•ry t.~n~s ~ev~r. oc ans•.ss...~ ag.,~~~s+ rno ~:;ove deu~~•.ed re3t es~.e~.
E c:~ ~.re anJ ~ U~~!="~!: 11SJf :~.s i,e-e~n ~~•q.,.r.~ci ~o L^ c.;:r~~-;3 c,~ the .:nprovements s~:~ate on the above d:sv~bed premises. s
C-F~~. _-*s on •.::ch m~r_: ze n~a•.;-•+a l~:w~h~.ce as mc't_~a,-,•_c sha~~ ?r~., •~ne r~ r,me dcem fit to carry on the loan secured hereby.
:4o~tgaq•,c s~~: ~:e in v. -r r.n:.!; n c•t~<igo~ ~n •nr:t.rv~ of ma d:: o~~t d~~_ ar:d payab~e hereundar and such sum shall thereupon be due and
on ±h~ civr car~` et rh~ x+ aq ~,~:r a-ed e.~ch successrve n:o• th rheresfo~r ur,tiV mortgagee sha!t not~fy mortgagor of a ehange in suth
f Suc~ sums s.. :;e aNF .~:d :r; .,,~~y~;.e tc::a•d !!:e pa;•r.ent ot real prene~» taxes, insvrance prem:ums, a~id mortgage g~araMy insurance
i , ms. +
i Iti `;lITPi`c55 :':N=2ECF, s~:d l4'.OkiG~GOR i:as he~e,,n!o set h~s h.~r.d and se3i the day and year first afwesaid. ~
s ~
~ ne , I an e'rve in the p~esence of:
~ ~fjtLE:, r.-_ i -•y,~s!r`F9
ty (Seaq
~ _ _ .~7~'.LV~.:'. ~r•I'J~7 '
- : ~`F,~: (Sea4
~ . _'>~~4~ C.IE" ! . _ :~lL ! (Seaq
~ - - ~ ~ w rr~ - ~ Seal)
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~ o~ F~oaica ~ ~j 1 7~
St. I.ucie ~ ~
: •:tY OF - - ~
,
Before me persona!iy appeared ~V11fZeC~_F• C}ldtl(JI137~ a sinc~le aCjlllt
~tariQrie E• ~~IlOtt~,_ a sinnle e1C31]1't _ hiswlf~!'~v'itTp'dsell known and known to me to be ~
~ ;-:-d;v~duaSs
d~ascriF;~•d in and who exec~ted the foregolr,g instrument, and a:knotitedged before me thaf they executed the same tot 1F~s purposes ~
~ . ,
~e r, expressed 1i~rl ~1» ~a:d_ ~ ~
~,:c.1~Jt1Yiild. - . _ ~
~ ,..~.~.awc,w.ia~r .w.~ a~i ~r-rape.ere-an~ epen 4+e~ ~e~~sa4R f?estrartt~ ~eRwo~iedcled ~and befe?C +rie ~hef-~f+~ exeeete~ •r~gR~~ld"N610A~
~ Q..i..and~bortary~.carnQ..'«arr.io.~+r«wr~-+r,~ wc.~eo*•4e.ar-ef-ori~enrf+e+saR~'ln,stlenel~
~ JIITA;ESS my hand and otftcia! seaE :h~s_ y~ _ day of_ A. O; ~19~~
~ - , ` v i
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,
otary ublic in and fw the Stati o('~E, " a Lug~~
F .
. y Comm~ssion expires: ' r' - _
Return ~o: ; v ~v~~s
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~ ~,st Federai Sa+inys 6 Loan ASS:;C~3t:on _ e,~
•~~'+s~~.s~c
Of ~~rr i' ~•c.. _ ' _
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Y h~blk. Swfe of F1or.da ot ic~9a _
3~`~ Fort P~,.:c~, tt:r:Jj ~ ..»i'~..':
~ 11I1r C~o~ E:p~res 3an. ~7, 17T9
~ ionded br Ame~icon Frs 8 Cos•~a!?y Gk
~
~
~ This Instrument Prepared By J. !?dl Roberts~ Jr . ~
~ F~rst Federal Savings & Loan Association
~ of Fort Pierce 0 Q~~ 24~
~ aooK P~~ ,
~ Checked By ?
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~~.s 3" %r ; 1- ~ 7.'a~~
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x-~µ'~;. _ ~-_~..t~ . 3 . ?e,-Jnt'- ~',~t^'a'..`3~