HomeMy WebLinkAbout0939 To plac~ and continvously keep o~ tM bui!dinys now or hereafter titue~e on said I~nd and on aii equ~prn~nt and perion~lly cove~ed by this ma~~
egs, with ~~I piemiums ~he~eon pa~d in full, fire i~surance in rtw us~al t~ardard pof~cy form, in • ~um ~pproved by 1M MORIGAGEE.~ ~nd windstoim ;
insurance in 1M uswl a~andard policy lam, i~ •+um approved by tM MORTGAGEE, 1n ~uch tompa~y or tompanie~ as 1hs MORTGAGEE may
d;rect; and a11 fi?e +nd wlndsrorm i~surance polKirs on •ny o! said build~ngs, any interou therein or pa~1 ther~of, in the ag~re~a~~ ~~m ~ta~:aid or ~
in eacass Iherooi, ihall cun~ain ~he usual standard moitgagee c~auu or nuch o~he~ clavs~ as th~ Mwtpaga~ m~y rpu~~~, mikinp tM lots unde~ sa~d polb ~
c~es, each and every, pa~able to ~aid MORTGAGEE as ~ti in~errst ~nay eppear, and each and evrry such pel~cy shail be promptly au yned a~d delivered to !
~ny held by said MOR(GAGEE as fvr~ha~ seturity to uW mortyaye debt, and, na leu ~han ten (10) daY~ 7n advanc~ of the expir~tion ol each polKy, ~o de-
I;ver fo sa~d MORTGAGEE • ra~ewal thereof, to9ether with a rece~pt For the p~rmiurn of siich re~:ewal; and there shall bs no fi~e a winditam insurante
plsced on any oi iaid buildin~s, any in~eref~ ~herein or par~ thereo(, unlesa in the fo~~n and w~~h tM loss payabl~ a~ atorei+id; and in the event any sum
of mon~y bccomet pay~bte unde~ iuch policy or polKies seid MORTGAGFE shall have ~M op~~on ~o receive and ~ppty 1F» s+me on attount of ~he indebled- ,
ness secu~ed hereby or ro permit safrJ MORiGAGORS to receive and ~se it a any par~ rhe,eo( tor o~ncr p~rposes, w~tho~t tAareot •.vai~~n_~ or ~mpai~-
infl a~y equity, lien or right under a by virtue of ~his mo:tyage; and in 1he event ~a~d MORiGAGORS ~tl fw any reaton fail to keep the said prtmises so
~nsured, or fail ro deliver promptly any of said poGues of insurance ro said MORTGAGEE, a iail promptly to pay fully any pranium thcrefor w in a~y
resped fail b perForm, d~scharge, eaecute, effett, complere, comply with and abick by Ih~f tove~anl, a•ny parl hsraof, said MORTGAGEE may place ~r.d
pay fw such insvrancs or sny part ~hereof w~~hout waiving w atFeu~ng any ap+~on, lien, equity, o~ r~gh~ undw or by virtue of this Mafgage, and the
tutl amount of each and ~very such payment sha~l be ~rtx~cdiatcly d~e and payable and shall bear intere~l (rom tha t~ate thereof until paid at the rate ol
~~~r~e par cen~um pe~ annum and~togeth.r+ w~th such mtr:est sS~~li be secu~?d by the i~en of this mwtgage.
4. To permit, tommit w suf(er no wasta, impsirme~it or dele~iorot~on of said prcperry a any part thereof.
S. To pay all and singulu the co~ts, charges and expensea, includ~~g a reasonabio attwney's fes and costa of abstractt of title, incurred o~ paid ~t
eny time by said MORTGAGfE, betause or in thc event oF it~e fa~!ura on tne par~ of the said MORTGAGOR to duly, promptly snd fully perlwm, d~xhargs,
~xacute, ef(ect, complete, canply with and ab,de by each and every ~he st~pulai~ons, agree~nents, conditwns, and covenams of said promi:sory note and thii
.~,orfgage any o~ ei~he?, and sa~d costs, cfiarges and e:penses, ea.h and ev~ry, shalt be immed~ately dur and payabfe; whether w not there be no~~ce de~
r.,and, atlempt lo to~lecl w suit peod~ng; and the fulf mnouM of each and every such paymeM shall bear interest from Ihe date fhtreof uetil paid at the
~.,re o~ nine per centum pe~ amwrn; and ail sa~d cccts, charg~s and rxpens•~s ~ncurred or paid, toge~her wuh suth iroerest, shali be secwed by the lien of this
mortgsg~.
b. That (a) in the event o( any breach of this Mwtgage or defa~lt o~ the pa.t o( the J~!ORTGAGOR, w(b) in the event any of uid iums of mo~ey
herein refe~red to be nof promptly and (ully pa~d .viThin thirty (30i days neat airer the same uverally become due and payaWe, wilhovt d~maod w notite.
o. (c) in the e~ent each ar,d every the stiovlations, agreements, cortditions and covenants of sa;d ixomiswry nate, and th~s mwtgag~ any w either are nol
iu!y, promptiy ancJ fulty performed, d.scharged, executed, effrcted. comp;eted, comF.,'ed w~th and ablded Sy, thrn in either a aoy such event the said a¢
~r2gate sum menteoned in said promissory note then rema~ndng unpaid, w~th intere~t accrued, and a~l moneya s~tured hereby, shall become due ~nd pay-
acte fo:thwith, o~ thereafter, a1 the ept~on of sa~d h1QRTGAGEE, as ~u~ly and comp'etrty as i1 all of the wid sums of money we~e orig~nally stipulated
to br paEd on such dt/, anything in sa:d promissory note or in this Nbr~gage to the conirory rtotwithstand:ng; and thereupon or tl~erealter at Ihe op~ion of
s, d MORTGAGEE, w~thout notice or demand, suit at iaw or in equity, therefore or thereafrer begvo, may be prosecwed as if all money~ setured !?ereby
n;:d matured pnOf to ds insl~turion. ~
7_ That in the evenl that at the beginn'ng o{ ar at any t6rne ~:end~Ry a~y su~t ~:pcn this Mort4age, or to fweclos~ it, w to reform it, or to enforte ~
;~i;m:nt of any cuaims hereunder, s~~d ~1,OAT(~AGct shall au;~~y to the Court hev:r,g y~r,sd:ct~on tFerrof fw the appo~mment of e Reteive~, suth Court shall ~
•~w~rh ap~w~nt a rece~YCr of sa~d roortgagcd prap~•ty ei! a~d s~r.gular, in~f;xi~ng afl and s:~~~utar the income, profiq, issues and revenvea_from wbafever ~
e_ .:•,'e dcrived, ea:h and rvery o! which, ~t beir.g expressly ~nden!o;:d, is hereby mortgaged as if spK~fitally sN ~Orlh and daKribec~ in tF?e yranting and
t•;bendum c?auses hereof, and such Recriver shal! hare all tha h~oad and effecrrve furct:ons arxl powers in anywise entrwted by ~ Cour1 to s Receiver, and
s_ch appointment shah be made by such Court as an admined equisy and a matter of absolute right to said MORTGAGEE, ~nd without ?efe~ente to the
ad~~quacy or inadequacy of the value of the property mortgaged or to rhe so.v_ncy or ~nsoi~ency of w~d MORTGAGOR or the defmdants, and that suth
r~ •,~s. profits, income, issues and revenues shall be applied ty such Receiver ac.ord~ng to the lien or equity of said MORTGAGEE snd tF~e practice of such
CO:JfI.
8. To du!y, promptly and fuliy per(orm, discharge, execute, effec!, complete, compiy Wi~h and abide by each and every the stipulatan~, s~reements,
_cnd~rions ard covenants in sa~d promissory note and Ih;s mortgage set fa~th. ~
9. That in the event the oanership o~ the mortgaged prem,ses, or any part thereof, becomes vested in a person other thsn the MORTGAGOR, the ~
:~RTGAGEE, its successors and assegns, may, wi~hout nct:ce to the .Y,OkTG?~OQ, deal v.,th such successa a successor in iMerest with reference to thi~
~•rgage and the d~b~ hereby secured in fhe same ma~~ner.as w~th Llcrtyage~ w~thwt in any way vit~ating a d~xharging the Mortgagors' liability herr ~
,-~.?~_r or upon the d_•bf hereby secured. No sa:e ot tF,a pre~n~ses hcrehy .rx+rtgaqed and no forbearance on Ihe part of the MORIGAGEE w its suttessors ~
c~ nss~g~~s and no e,crens~on of the t~~ne fo~ rhe paymenf cf ~he debr 6ereb, sec~re[1 given by the MORTGAGEE or ita successors or auigns, ~tull operate
?r, re ease, d;sctarge, mod~f~ change or aEfect the or:g~nat l~ab~~:ty of the NG~fGAGOR herei~, either in whole or in part. ~
10. It is spec:f~catiy ;greed that t~me is oI thn esser.ce of th~s contract and that no waiver of any obligation hereunder w of ths obligsfion~r
.cred F~.~reby sha!I at any hme thereafter t~ he:d to b~ a v:arrer ot the terms hereof or of the instrumeN secured herby.
I 1 In add.f,^ : to the forego ,ig munth:y piym_ntS ot p~!::c pai and ]nrere:t required by the prom ssory note secured F~ereby, morigagor cove~ants
~^d agrees fo ~~ay to ru~rtgjgee w~th ea:h nromh y~.3~•:~~~r an odd:uonat sum ast~mated by mortgagee to be equa! to 1~`12 of the annual cost of the follow-
A-Ai: reai pruperty ~aRes feviec3 or assesseci agai•:st thc aeove destri~ed reat estate.
6 Frern~ums on fire an~ viindstorm ms~rarcr as here~n r^gu[~ed To b~ carr:~d o~i !he imFrovemeats Situate on ihe above desvibed premises.
C-Dre~r.~um5 on such ma~t~.:ge o:~a•anty ]r.svar,c? as ~1~crtgagee sha~! fra~ ~'me to time deem fit to tarry on the loan secured hereby_
Mortgegee s!:a~I '~em r~m~ to f~ r.e nct~fy mo.?yagcr ~n w~~nng of the a~ro~nt due and payable hereunder ~d such surn shall therevpon be due and
:~6!e on rhe d~e date of the next ntGn+h. ~ p.,ym~.~t and each su:tessive :T:onth ti,ereairer ur~til mortgagee shall notify mortgagor of a change in such
~~uunt. Such s~ms s4:a;i be appued by mortgag_e tor.a~d~+h._~ payrt,e~~t pf rea! aro;nerty ta~ces, insurante prem~ums, and mortgage g~aranty insur2nce
e~nivms.
IN Y~ITfJESS LtiH~R~GF, tne sa~d I~SORTGAGOR has hereu^to se' nis har,~ and seal the day and year finT aforesaid.
ned, Seat an deli er A~' the presence of:
` - ~''r
~ ~ j 7l ~ ~,ry
~anie . epes 'T'~"'~
+q
- - L ~l.d.~ ~ ~ ~ , fi (Sea~
~S . e .
~ - ~n
S~AiE OF FLORIDA .
• ~ ;~'/'r
.
.~^uNTY OF . $t a~._t1C1@ ~ ~ . ~ i
Before :ne persor.a~iy a~e«d _ Daniel E. Keepes 'J
- Diane E. Keepes " " ;
his wife, to me well know~sa! ~D n~i~dL :
rh~ individuats descr~bed i~ and who executed the fo~egoing instrument, ar?d acknowledged before me that they executed t1N • ' R~~~ 3
J ~ • _ ' ~
!~ere~n expressed. And the :a~d__ Diane E. Kee~es _ ~
::~r? of t~ ,d;d - Daniel E. Keepes ~ Y- ~~.wm`,
~ c> ~m~nat~on by me taken separate and apart from her said husband, acknowledged to a~d befc~e me that she executed said iipt~urt~i~fr~lY~~td~ volvQ~~
~ :;y and w~tho~t any compulsion, constraint, apprehens~on, or fear of w from her said husbartd. '1 v~ {
WITNESS my hand and off~tial scal this_ 25th _~ay of `jul ...~~~~~Q?~~~ ~
~
Notary Public in and tor t!x State f fbrida at large
:
~ Ret~rn To: NIY Commiuion expires• ~(f /~j~Lj
~ ~~rst Federal 5avings a. loan Associai~on ' l
~ Of Fo•t P~erc^. F~LEO AMU RECOA ~ j
' fon P~erce, Fiorida ST• ~UC1E COVN~Y
~ " CLEP y~f ~`~(~RA$ ~
~ RE-CORD i qtrF ED ~dUR~ ~
:
~ This Instrument Prepared By J. Hal Roberts, Jr. J~~ :
First Federal Savings 8 Loan Association ~ 3 0z PN ~T5
~ of Fort Pierce, Florida 33450
Checked By
8o$x~~~ ~ ~~U . ~g.. -f
, ~ ~ _ - - - - -
`G/"~~ ~`~.'~N:C'$F ~ e:~ F~. ' .'s-"' -.:~TS~`a'r~..
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