HomeMy WebLinkAbout0749 i
t
To p6ace and conrinuously keep on ~he bui'dinys now a he~eal~er •i~uote on sa~d land and on a~~ equ~pment a~d personaily cov~red by thii ~„or~g~
ega, with all premiumt ~hercon pa~d m fuli, f~re ins~rance in ihe us.,al sta~~d:+rd ~m!icy torm, in a sum approved by tM MORIGAGEE, and windotwm
~nwrance in the uiual irandard potity fo~m, in ~ aum approved 6y ~he MORTGAGEE, in wch tompany w ewnpanitf as th~ MORiGAGEE may
d~recR and sU firs and w~ndewrm msurence po•~c~es, on any of said bu1?d~nys, any imertsl thtrein M part thereol, in tF+e a99repate wm afaesaid o~
in eacess lhrreof, shaU conta3n Ihe usuel s~andard moriyagee dause w s.;th e:her cl~une as the Mwtgages may requirs, ma?inQ tM Ioss undM ~a~d poli~
c~es, each and evtry, peyable lo ~aid A10R1GAGEE as ~ts ~~~erest may a~pzwr, ~:~d rach and e~ery suth po!rcy ihall bs promp~~y ass.gned and detirered to
any held by said NtORIGAGEE as Furthar ~ccur~ty to ~a~d mu:~ga~r debt, ~nd, nor :e~s shan ten (i01 deys in adva~xe of Ihe expual~on oi each policy, Io da
I~ve~ fo sa~d MURTGAGEE a ronewal the~eof, toge~her with a rece+pt to~ the pr~~ni~m o( such rcnewal; and there shall be no fire or wi~~ds~orm inwrancs
pleccK! on ~ny o( s~~d buildings, any inie+est thece~n w part therrof, vn'c» in +he ionn and w~th the Ios~ payab!e as aforeseid; and in the evenl any sum
of money kxcome~ payabte under wch pn;:cy or poGciea sa~d M~ RTf-AGEE ~fia~i have ~he opt~on ~o recaive and appty ~he aamo on accovnl o( the i~bted-
neii ~ecured hereby w ro pe~mit ~a~d ~AORTGAi:ORS ro rccei~e and u~e ii or an~ ~ p~rY-thcreaS tor efe~~•r pur}~oses, w~iho~t th~rcn~ wai:~:,g or ~n+pair.
~ng any equ~ty, t~en or'r~~u«dsr o~ by.virtue af ~this.mo:!gage; a~d in the evero sa:ct ~~ORTGAGORS ah~ll fw any r~ason iail to keep the said p~emisri so
~nsur~, w 1ai1 tv drtiver ~:+on.ptlp any ot sai~ ~zoLcies of insu+ance to sa~d MQR16AGEE, w fail prompNy to pay fuily any premi~m therefot w in a~y '
resFed fail. )o perform, d~schorge, exrcuTe, effect, _cwnplere, comply wi~h end abide by rhis cove~an?, w any par~ hrrnoi, ~aid MORTGAGEE may piace and t
pay fo~ such ir.turance or any part thc,eaf wi~hoi~l'waivi,~ w afircting any opt_~r, iien._ ~qu~ty, or n9ht unJer w by virtua of thit MO~~gage, and the
fvi~ amount o} ea:h and eyery such pa;rr.ent shall be rnrnediet2~Y due and payable and stail bea~ intcrrst irom ~he date thercoF until peid al the rate ol ~
e pe? Centum F:ci ann~~m t~~~rir.:.r .~i;h s~ch ~n~e~es' ah.~ii securcd by the iie~ of this mortgage.
4. To pe~mi~, cor.:mit w auf(e~ waate, impainnent or detrriorat~cn of aa~d property or any part thrreof. ~
5. To psy alI aod singulm .the ccsts, charges artd expenses, inciud~ng a reasonable attorney i fee and costs of abstracts of tiNe, incurred o~ paid at j
en~ ;;:ne by said MORTCsAGfE, Dccause or in the event of ths fa:~uta on tha part of the na~d MORTGAGOR to duly, pro:nptly end fu~ly perform, d~uharge.
..e:~ee, effe~.-comple~e, comply wuh and ab.dr by ea:h and every ~!~e a•~pu}ai«ns, aqreaments, cond~r~ons, and covenant~ of said praniswry nete and th~i
~.orTgage any or e~ther, and sa,d costs, charges and expenses, each :_~d e.:ry; sha~+ 6e ~mm~d~a~ely due and payabte; whether or no~ tAere be ootite do-
~and, attempt to _o:iett or svit pend~nq; and the Eull amcunt of each and every wcn payncent shall beat ir.!erea~ from the date thereot until paid at the '
u% n~ne pe~ cent~m pcr annu:n; and a~; sa~d wsts, cna~gr~ a:Td ea~~e~ ,es ~r.t~~~rrd or pa~d, toge~her w~~h such interest, shall be aetured by the lie~ of th~s
rr.ortg~ge.
6. Thsl (a) in the event of any b+each of this .Vlortqage or default o~ rl~ part oi ehe MORTGAGOR, or (b) in the event any o1 sald sums of money
herein referrad to be not p:or.tpNy ar.d futly pa~d w~tt~~n ~~~rty (30) days nexf a+r~r ~he same s^.ve•e:~y become due and payabte, without demand w notice,
cr ~:1 in the event each and eve~y the s~iputa:~ens, ayreer.~ents, cond~'~ons and co~enann ot sa-:! p+omissory note and th~s mortgage any w either are not
_'~;v, prornptly and f~ily pzrformed, d s_i~a•g•~d, eaec~ted, effe:rrd. compiru:d, comf=t:~•d v:nh and a~~ded 5y, ~hen ~n e~!het or aoy suth evem the said ag i
g•~gate sum meroioned in sa~d promissory ncte ~rrn remaining unpeid, w~~h ,ntr~;:;i acc~ed, and au moneya secured hereby, shall become due and pay- ~
e6'e forthwith, or therea(?er, a! the opt~on of s.+~d MGR7GA^vEE, as fuily a~xi COT.FiIE•iG~y as 6f ali of tl,e sa~d sums of money were onginally stipulated
tu ix pa:d on such d~y, any~i,iny in sa.d pra-n,ssory ncte cr in this. hlortga~e to ihe :o•~vary norr+i~hsra:id~ng; and ~hereupoo w thereaher ai the opuon of
r d h10RTGAGEE, witiwut r.ot~ce o~ de~~,a~,d, 3Jd at iaw c~ ~n eyuity, therefcre or tl~ereahrr brgvn, may be prosetuted as if a11 moneys secs,red he:eby
r_ d m3iUfEd Pf~q tp ds instilufion.
7. Ihat in the event that at the bFginnmg ot or at anv r:ine pend~ng a~y s~~t ~pcn thls Mortgage, or to forectose it, w to reform ii, or to enforte
payment of any cisims hereund~:r, 53Kj ~.tORTGAG~! s?:a:~ aE:p;y to tne Cov~t ha_i~,g ~~nsd.c~~on ih~reot ior the ap~wintmeM of a Receiver, such Cou?t shal~
~•tf~.vith apF~iM a r_ceiver of said r.o•~~;_y~d pro;.rty e-= daUt Si~l~uld~, ir,dud.~y a:~ aod s~~~gu:ar ~he ir.come, profi!s, issues snd revenves from whatever
cc ~-:e derrvrd, each and every of wi~ :h, ~t t;.::ng .r>~;resr~ ~;nderscood, is c erebj ^.vr~qaged as if s~~ec~f~cally u? fonh and desuibed in ~he gr~nting and
h~:.cr,dum da~~ses hercof, and auch Rece~ver sha?c heve atl the br,;ad a~~d e1fecr~v*~ f;;r.._:,o•~s ~nd pov.e~s in a~ywise enlrusted by a Court to a Reteiver, and
s. ~h appointmen~ shatt be made by svch Cou:! as ar ad:nrtted eqa~ty and a n•~trer oi a~sc~~te righl to said MURTGAGEE, and wiihout refe?enee to the
=>.;.~,cy o+ inadequacy o! rhe valve of th2 p~9r.Yl1~/ mor~gaged or to ~f.e se..•_:~r! o. ~n;c~vency o( sa~d h10RTGAGOR or the deFendants, and that such
~s. profits, inco:ne, issues an-! rever.ucs sha~! be a~.;.t;cJ by such Recc~wzr .cco+~.~,g r~ the lien o: equity of said MORTGAGEE and the practice of such
~,~~rL ~ ' . .
8. To du~y, ptcr~Ft;y a~d fully pe: •`c.c;:, d~;;F~arge, e~c~c~te: effE,r, complere, co~n;:~~ w~=h and ab~de by each and e~e~y the stipulations, agreements,
; r:ens and co.ena:~ts ~n sa~d osu:r;isory nore a::d :n's rr,a~rgage s~r for~h. •
9. ihat in the e~e^t 'h~ ON'1@f!F~.~ p+ the f:}GfT'~d~_'t~ ~]fv T1iSP5, O.' dtly pa~t thercof, becomes ves~ed .in a person other than the MORTGAGOR, the
,•RiGAGE:, its s~ttrsson ar~d ass~ens. :-•ay, w:~ha„s nur~ce tu ~he ;:,ORiGtiOR, deal ~r+:h j~ch successor or wccessor in interest wrth reFerence to this
•'3age a~ d the dec~ hcreby s•~cu~ed ~n t~,e san?e mas:ner as wnh !d•.rtgogor v.[!hcut in a*-y v.ny vitiating w d~uharging the Mortgagors' liabilit/ hertr
.;i-~ or vpon ch~• drbt hereuy seo;~:d. ho sa:^ of rns p:em~ses h_reby mc+tgayed a.^.d no forbearance on the part of tbe MURSGAGEE or its successors
_ as;~gns and no ~xrens~on ot the n~~,e for rhe rayn:~•~ee r.f-tt~e d~bt h~reby sec~red g~ven by the MORiGAGEE or its suceessor• ot assigns, shall operate
~ re'eas•=, d:sc`-->=ne,. moe~ify :hange c- aiiecr the o: eg,na4 Gac:;:t: oS rne I':,ORiGAGOR here~n, either in whole or in psrt.
10. It is sf~e:~f;,ally 3,~c-•d ~hat tirne is of the essr-:ce ef th~s co-~rract ar.d that no waiver of any obt~gat~on hereunder or of the oblgateon tr
c~r~•d h~reby shat~ at any ti:-; :!:er_>>ite~ bn c~~o to h~_ a wa+.e+ ef the term: herecf or oi the instrument secured herby.
I1. In r.d.i r.~ ro ;-.i io~eyo r~,ocm', e;a;•~ ~.,~s of ~>a~ ar~d ~»er:~st ~e-;u~:ed b~ the prom:siory ro'r secured hereby, mortgagor eovenants
i ogc~es sc pay ~o r,crtg~g~=e v.:>h eac~ ~ro~~~ti, ;;.a;~.•~~~r .~r•;~?:i.•Ic~:a: sr-~ csr •~:a~ed b~ mor)gag.~~ to be eq::al to 1. 12 of the nnnual sost of the foliow-
A-A+! real F;rop=rty tar.an iei~_: ass~-sz:•d a~~~~~~st abore d•_scnb~.d •ca{ es!ate. ~
6-P:_:~ ,=s on f~re arcJ v:~::ditt.'m ir.su'~~ ce ~s r~~q;~ed ~a b~ ca~r~~:! o•, rhe ;rn;:.oveme~ts srtuate on the above dsw~bed premises.
C--Prem~un s en svch ~no*tg_gN Gua'd~ty ~r.su~ar.c•, as r. o•:,:agee shaii fr~m . ~ to ti~ne deem fit to carry on the loan secured hereby.
Mortgagee s'^o ~ f::::r }+~~r to tn~~.e nc•if~ n:u~r~.:3~r ~:.•it~ng oi !ne a~.o.-+t d.,~ and paytb: hereundtr and such sum shatl thereupon be due and
i :,'e on the dur e ct tne r.e.t ..~•tn'~ pay~•.^•it a~d e~ch s::cr_,sive ~nar~!h r3ereafter vr,~il r~ertgagee shall notify mortgagor of a change in suth
n~. Such sums shail ~ appi~ed by :r.orrg~y-rc te:..,•d the paymeni of rea! property !ax~s, insurance prem.ums, and mortgage guarartty insurance
f ~ _ '':'JT•S.
~ ~
f"i Y~ITNESS 'JS'HERzOF, tne sa~d .4,Oki~~AGOR nas hereo~to ser h~s h~~-d and se3i the day and year first aforesaid. ~ i
~ Signed, Sealed a~d daiiie~ed in the prese~ce of: ~ aJ
~ - - - F IL_D L - ~ JEO /~~~,C~ (Seaq ~
~ ~ a ~~V ~ Y FlA _
- - - _ ST ll1;: ~ _ ? A S (Sesq
~rr :::~ilnj Q Seaq
~L
~ - - ~ y'~-L~ - _ _~KaC ~ c t~~ ' (Seal)
~ i u,~5
~ ~ c OF flOR10A ~ ~EC ' 1~ 45 ~1 ~ 3~~~ 1
;u'JTY OF -.~t
•_~rl1C1Q 1
~ Befere me personaily appezred Ulller D. F~alI1Vl lle _ _
~ Claire L. M inville~ A/K/A Clair L. Mainville
his wae, to me well knovm and known to me to be
~ ~ ~nd~viduats describrd in and •nho executed the forego~r.g instrument, and acknow~edged betote me that they executed the same for the purposes
•e:n expressed. And rhe :a~d_ C1alle LTDtainville, A/K/A Clair 1.. Mainville
Omer D. Mainvi~le
~ of rhe sa]d _ upon a separate and priwts
~•=;~nat~on by me taken separate and apart Irom her said hosband, atknovrledged to and before me that she ezetuted said instrument freety and volun-
~ ~ and w~thout any compv!sion, cor.sfralnt, a~.prehens.on, or fear of or from her said husband.
L•>IT~:E55 rry hand a~d offic~al seal th;s. 31St _ day ~r___ ~tober A. D. 19 75
~ ~ ~
Notary Publit in and f Ihe ate of Fbrida et Large ~
My Commissio~ ea 3•
Return To: '
s
~ d-st Feoeral Savings d. loan Asso.~~t;on ,.,,;;4'i ~ ,:,;~'+'~'f fi FLrP~;?A 3t 11'.'~'~t
~ Of Fort P. ree. ~ l;; . ~ i lr.'i. 7. 1317
~ fvrt Pi~~ec. Fierld.r ' .ov n.!~e~.«u ~.a~.ntfS I{~SI.fODGi 1iQ.
t'F ,
~ , ~ ~~~~'`'~~~~~I •~~I~,~'
\ ~ ' ~v .
~ This Instrument Prepared By RiChard K. Kayes v••""•••dd>'%~
F~rst Fed~ral Savings & Loan Association ' ~ ' :y ~ ~
~ of Fort Pierce , Florida . _ V ~ `
,p c ? R ~ cn ; ~ ~
~ ~ `t ~
0 D ' b. ~ ' ;
Checked B i.~- • ' ~
74~ •
Y 6QuK F'AGE ~ o': 7 •
,r~ 6,•, . t
~
s,,, b •'Cf .
t
~ . - X`;,,ST~~(-E~~~~,•`
n.k~t~
~ ' ~ ' .
~ - - - - - - -
~ ~ .
sF.nii,Y`~ r.c ~ - i>
ia`~~,~ ~ ~ ,t i ,~~rv~'~-a~°-
~
_
_ ,~..,,~.~~~~r"~e..~ ~.~Y'... . -