HomeMy WebLinkAbout0133 3. To place and conti~~uousiy krep on ~ne bui:d~~.gs na~v w he~eafte~ situete G~ s~ d land end on a!f equip~nen~ a~~d persa+ally covered by thi~ mor~g- ;
ege, wirh ~11 premi~ms tharcon pa~d ~n full, f~re ~~~wrancv ~n the ~s.+~l ue~xi.+~d y;::!~cy form, in e wm aµprored bv the MOR~GAVEE, erd wmdstorm E
:ns~rance in the usua) •tandard polity iorm, m a aum app~uvrd by the MORTGAGfE. tuth caLpany o~ compan~es as the hlOR1GAGEE may ~
d~rett; and atl (iro and rrindsrorm inswencr poaitiai on any of a~~d buiid~~gs, any ~Merest ilkrcin w pa~l thr~eot, in the aggregate sum •fwesaid or ~
in extess ~he~eo(, ~h~U :cmtain ?t+e ~st~at sia~:deid mor~g~gea t}~~se or wch o+fier aeuse as tfie /rlcngagee msy rcqu~re, mekiny thr ioss unde~ smd po1~
c~a~, each snd every, paya~!e to ~aid AtpR[GAGEE as ~ts ~necres? maY dpNCdr, s~d each .v:d ekery such ~w :cy si,sli be promptty us y~.rd and de~~ve~ed ~o
any hefd by sa~d ?J~ORTGAGEE as furthar srtwity to asiJ mort~age de6t, and, net ;es~ If•an ien (10) days in ad.ance of tha ezN'vauon of each poticy, lo dr
~~~e~ to said MORfGAGEE a renewal thrreo(, ~ogerhar with a rec•~~pt for Ihe p~a•ni;,m ~i such rene+.al; ar.d there shall be no h~e or w«~dsw~m i~wraote
placed on any oi ~a~d b~ild~ngs, any interesf therem w pan tt~ereof, u~:rss ~n ih: ic~m aod ~~th ihe loss payab!e as afor~s.i;d; a~~d in the eYent any tum
or money bec~ef payabfr unde. auch po~icy or polrc~es s~+~J rdOQiGAGEE sh~.lf ha~e tF+~ op`~on fo ~ece~ve and apply tfie same on accovM o) the i~~drbted-
ness ~rcured Fxreby or to per~iit sa~d MORIGAGORS to recai~e and use it or any ;,ort n:r.~ of ~c~ o:~~er purF ~ses, v<<~ho~t th ~+c~~; v.~~v~~~•~ o~ ~'npa~~-
ing any equ~ty, fie~ w ~~yfit under w by virtve of ~1~is ~+c:eyage; and in ~hr evartt sa d MO~T(,iAGORS fhall for any teafon fail to keep the said ~Nemiacs so
,ns~red, W fei~ lo dcl~ve~ promptly dny Of isid F`Cl~c+t~ O) ~nSUronCe Iv te~d MORTGAG'eE, or fatl prO~npfly to pey fu~ly any pre~n~vm ther~for Ot ia 8~y ~
rrspec~ iail to pe~form, d~scha~ge, eaecvte, e~~ect, coo~pl~tr, cou~~,Iy wiih and ab~de hy rh~s covena:it, or any part ht~eof, said MURTGAGEE may piate a~d
pa, (or avch insurance or any part the~eof w~thout vca[vi:g or aff_c;ing any opt~w,, +~tz}, equ~~y, or ngl~t under a Uy virtue o1 thi~ Slartgage, and the
I~ amo~nl ol each a~,d every s~ch parment shelt be ~n.~ned~a~e~y J~e and ~a~db'a a~~d shafE bear inte~cst iro~n tha data thereof u~~til p~~d e1 the ro~e ot , _
e par cr~w~~ p~-r ar.nu~r. a~uf ~:>~.•~i:~•r ~a~th s~ch int~•~cs~ ah,:~ '..s sec„rec! hy Iha t'en of th:s mortgage.
4, to permit, commit or wfier no was~e, imFai~mcnt or d~ser~~ratron of aa~d prc.ycrty or any par~ thereof. ~
5. To pry atl a~d sing~l~r the costs, charges aRd e,cpe~~scs, mctud~ng a ~ea:o~aote attomcy's fce and costs o( abstrac» of titte, incvned o~ pa~d at
a~:; :~~ue by sa~d MGRTGAG:E, beta~se or in the event of thc fa,ture'on ti~a port of ihe s,~d MORiGAGOR to duly, promptly and fuily perForm, dnt~erge.
_~.~cute, effect, cv:~p:<<e, cc+npty w~th and ab•de by eath and eve~y~-~he a~;p~ta..ons, agreem~nts, cond~tions. and cevenants oi sa~d p~omizsory ~ote and ~h~s
,..,•rgoge any or e~~he~, and s~ d cosrs, charges and expr~ses, earh and eve~y, shail be ~mmrd~ar~,y dUe and payab:e; wherher w no1 there be nohce d~
r.,~d, attempt te co;ietf or wit pend~ng; and ~ha fv~: amuunt of each and rve~y wch Raymrnt shali bea~ iNeresl from the date thereof ~Nil pa~d at the
n;~re c;e• c~~::~•n F.~~: a~~,~a.~ : a~:: J1: pJ~U C.~S~S. i21J~L~CS anu r~~~nsc: ~acu:red or ti~a~d. ~ogett~~•~ ~rah svch interest. ihall be secu~ed by the I~rn of lhis
mo~tgage.
6. ihat ta) m rhr e+ent of eny brtach of rhis .V1o•~gage or defau~t Qn tiA p;~t of ~hc :~•.~RTGAGOR, or ;b) in the event any of'sa[d sums of money
h•~r~ln refarrecl }o b_ not prom~,rly and f~lly ps::! v:i~hin ~h~rty (30i daYS next a~~^< <he <~me severa!(y bec.ime due and payaUle, without demand or notice,
'c1 in thr even: each ard e~cry rhe v~pv.3<ions, a~reemerets. card::,ons and c~.ei1ants cf sa.d pre~nis~ory note and this mortgage any w either are not
1,:, Y~o,+~ptiy a~id lu;t: r<r'or~:,.~d. dacE:a~~~.d r~e:.:t..d. e~fec~~d, c«np'e:eci, co:*:r'..~d v.~~h and aLr;lyd `~y, then in e:ther or any such event Ihe said sg
~ a~•r w~+ n+2l~T:Jn¢(~ in sa~d pro~~~!sscry note tnan rr.na~ninq ~nF;a~d, afth ~~~:e~r,t a<: ued, and a~i ~noneys secured hereby, shall become tiue artd pay~
. io~ti,,vlth, or therea~rr:, at the c~~•r i oi s:~;d M.GR1Gi.viE, as fu~'ry anJ co+~~µ:rreiy as ii a~l of the sa:d wms of money ne~e onglnaily st~putated
!.e pa.d cn svc!~ d.:y. ~~~y~F,ina in s_, d F;rc~~,saory note or ~n tt:~s I.1orr~ay., ~o rt~e cc~~ra•y notr.~thsta+id,ay; a~zd thereupon or thereaiter at tfie op~ion of
s•:' ~.'~ORTGAGcE, v.~tl:evt ~,.:}.ce c- dr.~wr:d, swt at law er ~n eqwty, +he~c•t~rr ar ~herraitrr begun, may bt ptosecuted as if afl moneys fecured hereby
_i n~awrrd pt~or ro ~ts ~nsn~u!~on.
7. That in th~ e,cr.t :!~7T at rF.e 6Fg~nn ~~y uf or af an{ ti~e~e pend~r,g ,~iy s~~! ~•y.on this Alortgage, w to forec~ox i~, or to refwm it, or to enforte
.•~t of anv c,.=~s hr~eu~•der, s~,~d t.!UR?•;,.~~_E s~~a~l ,,;.;.i~ +u ihc t~_ur~ h;:a: g;u~.~:i cs.a~ rhere~+ for the appo~ntment of a Reteiver, such Cou?t shail
:.~rn a;,f:c"~,t ,:ef o4 s.• ci r.~•fo~~~ :,.r~v.~l, n:` ~od v~cgu!ar, i:.C~J ny .:r,c: s,~u~ar ine ir.con~e. Proi+ts. issues ~nd revenues from whatever
c.~:r.ved, e.::h a~<cl .'+cr~ e.t wi:ch. b.:~::y .;,~.r,s: y ~-ndrry!`ad. ~s 1e::i:r r.ortg~g~d ei ii Spec~fi:a:ly set ~Wth and deuribed in 1hC grdnting a~~ #
,_.~d~m c'a~ses 1.r. ,•~i, ,~•d n_ch Rccrr.rr :t,et~ h,;.e a~~ :ne J~~:d(~ J~:~ r7t~KR:•: f~^Ct ;,:~s ~nu po.:e~s in anyw~se rnrrusted by a Co~rt to a Receiver, and ~
, ~:~po~nr~r,e~t sh,;,l t+e ~n.ade by svch Ccurr as e~: .,:f•~it~_-~ cy.::ty and d n.~'t~t ef :;:sci•~ee r:ghs t~ s~~d MJRTGAGfE, a~~d wnhout reference to the
i.~:c~ or inada:;:aty cf th~ v3:ur of thr ~,reperty rno~tg.-yed or ~c so::•.~-~! ot •~~_c:vency of sa~d /l,CRiGAGOR or the deiendants, and that suth t
•s, profda, inco•~~e, ~ssues acd rever,uas s~s:: ce appi~ed 'oy soch $ec<r:er atcar~-:g *u t;~.e i~en or equity of said MORTGAGEE and the pratfice of sueh ~
rt.
3. To du'y. F.c•.;,t y...a ~V:`/ FErtU!T. !I~s:h>rqe. exe:u•e, ef~c:f. co~r;:l._re, c.:~~pl~ ,ti~ith end at;de by each and eve~y the sliputations, agreements.
'i~.•On5 a:::1 Co..~~\3:1!s •n Sa~j , rOm:i.o*J r.:.to :ir~ n'~._rT~.~,jC 5,.1 !oe'.,
9. ;t.;! ~n :6~ e,~_~e ;!,c or:~,.~~sc ;:f :,~~^.c:~3. ~._d ~.re.,,.s~_s, o- a•,. pa~t tneroeS. Eccomes vested in a person other than the MORTGAGOR, the
. =AGE~ [•s s:~ct.ss,r.s . :~i a=_s._~r.;. .riy, v::.h::c• :o ~~.a -.`.R, :)_•ai . ~,h ....h svccessor w wccessor in interesl with refere~ce to ihif
:;c a:~d ti~c i.e., i~y sc'_ :~e~' ir. :he s,~.r : ia:,r:~'i as ,r: _•`~~3~~ v.rtt~~ut (n a~•~. way vinatirt9 or d~uharging the ldortgagors' lisbility here•
cr sF s ~7 t. ~ s~ :i ~v s r~f r:: s s F.~ cb~ ~,c~tg3y._•d ecd no 1orb~•arance on tF~ pa~t.of the /AORSGAGEE or its suttessors ;
;r~s a~d .r ers.~„ i~~• r~~ ~r. ;.:~~•~an~ uf d;• F••e~, srw:ed g~.c~ by tht ~AOR7GAG~E or ~ts wccessors or ass:gns, afiell operott
~ rr eese, dsci,orye, r.,~dify ~!~ar.g~ or attect the cry.::a4 iSau.t!ti o1 t~e h.0£TGAGOR here~n, ei?her in whoie or in part.
10. it :s ~pec!f~ce~~~ agre~d +i,a~ t~:ne is ol tha esse~,~r of fi~ls co~.t:act and tt~at no wni~er of any ob~i9at~on hereunder w of the oblgat'an te-
..r~d hereby shait at any t:^:e rh.ita~!rr +.e.:3 to bc a aa~rcr of th~ •e:ms herect o• of the instwmeN secured heiby. ~
~,i,{ i::E !_•c ;c :o ~,o•;h , ~,is ol ; , . tnd ~ ~~eres~ re ;~;:>d 'oy the pronisscry no~e secured hcreb/, morigagor eovenanit ~
::.rees to pay ro ~~urr~,ra~e :.<<h ~~ach ~~o •~kry e~~t ~.,adu ,o~~a! sunt cst:~:at~~d Dy mortg,~qee to be eq~al to 1/12 oi the annuat tost of the follow- :
~
t
P.-A!I rcat pru~:e••y ta.as :e~,_.:3 0• assrs;^ci ::7~~ , ti•~ ai;o:e d.:;r-:~;:d r~ai es:ate. ~
B- Gr._~: u~as on f..~ acd v:f~r_isr~~~r :r.:~.,~.~.:•- ~,s i..., -~n r:~,~ rcd t^ bN ca-r~rd c~: the improveme~fs s'tuate on the above described premises. ~
C Fr~ s o~ s~rh i c,~'~ yc ,:,a~s~'y =~'.~ra. ce as n OrT~d~f2 shait Srorr t rne to t~me deem fil to carry on the loan secuted hereb/_ ~
~!orrqo~ee 5,v C r . c tp • n ; nt~~ «.crr,a~~- r wnr:,,g uf t`r:e a+, o~~t d~e and payabic hrreundrr and such su~, shall thereupon be dve and
e on th~• ~u~ u;re ot I~° ~~C.(T ' j 3~T•];?t a,::i e~ch SuCC~'SS~YC ~•o•:rh rhe•zafr~r ur.ti~ mortg~~ee shall not;fy mortgayor o( a change in such
~uch su~r:s s~a:~ ie ap}•~~~u t,y n.--~!y~~'r ~c•~.•~'d the pa'.,r.ent of rea: Frcce+ty taxes, ~nsura~xe prem.ums, and morTgage guaranty insurance
. n,y.
~N ~:1TN~SS ::4i2E(~"r, tn^ z:~:d ~LO~'~ v~'R has h:~reu~:+o set n~s hard and s~•af fhe day and year first afwesa~d.
Signed. Sea!ed and de~i:e•ed in th_ aresence of: ~O
fILED 1E COU1~~ ~A- ~ " " ~ ~5ean
- - , st.wc ~
' '{-~~...2_~ - 4-~-- - itGCt a ~ 3~TRAS (Sea~
~;-~-L~. f~..~~~ c~E~R ct:acv~t Cou~T ~
----t-_- _ _ - AP~ Vt' 1~Sffl {Seaq ~
AEC ' /Seaq ~
I c Uf FIORIDA _ - - - - - t 1 ~ 35 A~ " }
~6
; ~ I~ f} ;
~ :..:':TY OF St . _I..11C1$- ~ )1417C7~1i/ - -
~ 9~fore me p~rsor,a,ly appeared C` Kr ame r a~ ~
~ Elo se M. Kramer
~ y____.-~ his wife, ro me well known and known to me to be
€ ~•-d:s~dvats descr~~.;_>d in and who e,ec~ted ihe foregoing instrument, and acknow~edged before me that they executed the same for the purposes +
~ ~ ^ ~xpress~d. I'+nd ~h~ :a;~_ _____filoyse M. Kramer ~
t vpon a se arate and rvete
i ~f tFe sa~d - C. E. KIaID@Y P P~'
~ ~ :,at~on by ~~e t,i•_n sepa~ate and aoa~t from her sa;d husband, ackno,n4edged to and before me ihat she ezecuted said instrument freefy and voluo-
s , ard ~x,rhout any co;epu:s:on, co~~strairt, apprej~eAl!y or fear of or irom her Sd+~uai' 7b '
L 3 tl J
`i .riSN:~S my har~d and off:; .s1 sea~ th~s _ _ _ _ _ - _ day °f------ - ~1-__ A. D. 19 y
- - - -
Notary Pub:1c ~n and for:ihe Sta~of Fbrida at large
My Comm~ssio~ expires.~ ~
RCturn ~6:
,:~r fedE~at Sd'JIf:. S a co~~~ a5,ou,,.o:~ NOTARY PUSUC, STATE ct FLORIDA ~t tARGE
:if ro r P:.c.,. A~Y C~J"'1{S${ON ExP{RES lA!1. T. 1971
ow?a~o 8y iunw~wn ttankers lasuranco Co.
' Fort Pierce, Fic•rl.1>
' ,.~•,!.•~'~.i:llj
. CJ ~~fii
; ; ~ ` ~ ~~i
~ This Instrument Prepared By Richard K. Kayes
;
~ ; ~
first Federal Savings 8 Loan. Associafion t~. ~~;Y'- f
of Fort Pierce FlOildl ~ ep = 4~ : ~
~p ~ ~ ~~s ~~~0 P~ i o~~ o _
~ _ at :
CF~ecked By [.7~.---- 4' ' o ; ~ ~ ; v ?
:
~ d ~ _ ~ ~ v `
~'~y bJ~'••....••.•~4~
''~i~,, •S?~7:
Y~~~:~~~n,,~..
~
~ - - _ - - - - - - - _ ~
h{ ta x ~ ~ ,~~'s~..'+..~~
'~S~T~
~`A`~4."~~-3i04'.~^~+k'~.e ' J:S < ~"~k ~ ~ . ~ ~