Loading...
HomeMy WebLinkAbout0072 9. To p~x~ and cw,~inua,sly keep on ~hs bui:d~ng~ now a hert~ft~r s~wns on ss~d land and on alt eq~~pmem u+d p~non~lly cover~d by this mort~ p~, wi~h all premiumi thCreon pa~d ~n full, fire insu~~nce in the ~swl atanda:d po~~ty to~m, ie ~ wm appro~ed by ~M MORIGAGEE. ~nd windtitam , inwt~nc~ in th~ uiwl •tandard po~~cy lam, in a sum appro~ed by ~M MORTGAGEE, in fuch comp~ny ot tanpanit~ ~s th~ MORTGAGEE may ~ dinctj ~nd all fir~ ~nd winds?o~m in~urarut polKles oo +ny o) said bvitd;np~. ~ny in~er~st thtr~in or put tMrwf, in IM ap9~e9+~t wm ~ftK~said or In ~xc~a the?aof, ihall contai~ the uival stand~rd mptg+9e~ cl~us~ a such oihN claus~ ai 1M MatyaqK may requ~r~, makinp tM ba ur~ ~a~d po1F ci~s, each aod every, payebl~ to sefd MORTGAGEE es i1s in~ere~t may ~ppea?, and each and ~very ~uch policy ~hall brr promptly u~ 9ned •nd d~l~r~rcd ~o a~y Mld by taid MOR(GAGEE ~s iurther xcv~ity to said mortyage debt, and, not les~ Ihan ten (10) days in ~dvanc~ of ~M ~xpi~ation ol ~ach policy, to d~- live~ to s~id MORTGAGEE a renewal thcreof, 1o9etha~ with a retaipt fw the premium ol such re~+ewal; and ~hert ~hall be no fir~ or windstorm i~surux~ plated on ~ny of said buildings, ~ny interest therein-o~ part tliereof, unless in the form and with tM toss p~y+bl~ ~s ~ia~~sidj ~nd 1~ tM ~va+t any win of monty become~ payab(e unde~ such policy or polKies taid MORTGAGEE ahall hava the optron to recr~~a and apply ~he s.vne o~ +ccovnl o( tM ind~bted~ Mi3 fK~red hQrpby o~ ro permit faid MORTGAGORS ~o receivs +nd uis it or ~ny part lherr+~ fo~ orner ou~pu?:;, wit~:ou: ther~b~ wa~vi~~g w~mpair• iny s~y equity, lien a right v~+ckr a by virtus of Ihis mo:!9age; ~nd in the event aaid MORTGACORS ~MII ior any reawn i.;~l fo keep Ihe ~aid pr~m~ses so iniured, or fai) ro detiver promptly any of said po~icies of insurancs to sa~d MORTGAGEE, w f~il prr.mptty to pay (ully any premium therefor w in a~y respect fail ro periwm, d'+xAarge, execute, effect, complete, comply with and abide by ~hii cova~ant, w•r.y pa~t hereof, iaid MORTGAGEE may place a~d pay for such insurance or any part thereof w~thoul wsiving w a`.fzcting any option, lien, equi~y, o~ right ~nda w by virlw ot ~hii Mwtga~~, and the full amount of cach and every such payment ~hall be ~mmediately due and payable and shall ~e~~ ~nterest from ths date thereo( u~til paid at the rats ol nins per tentum per annum and together with suth i~teresr shall be secured by the list~ o+ this ~nwtp~ye. 1. To petmit, commit o? Iuffx no wa~ts, impairment o~ de~eriorat~on of s~id property o~ •ny paA thereof. 5. To pay all ~nd sirgular tF» cosu, cha.ges ~nd expenses, ~ncludu~g a reasonabk attor~ty's fea and costs of ~b~naets of title, i~cvntd or paid ~t sny time by said MORTGAGfE, beceuse w in the event ot the fa~lure on the par~ of ~i~e ~sid MORTGAGOR ro duly, promptly ~nd fully pK(orm, d:xMr~ executs, ef(ect, complete, comply w~~h and eb~de by each and every the s~ipulat~ons, agreements, conditions, and covenanq of ~aid prom~eso~y ~ote and thi~ mortyaye ~ny w ei~he~, and sa~d costs, cha.ges and eapertses, each and every, shatl be immediatefy due end payable; wheth~r w not ther~ be ~o~ice de mand, ane~r~pt to toSiact or suit pznding; arsd Me fu!! nmovnt oi each and evcry such payment shall be~. interesf from tht date thereot unlil paid ~t the rate of nine per centum par an~~urn; and all said cpsts, ch~rges and expenses incwred w paid, lopether w~th such interett, ~MII b~ secured by the lien of thii mortpags. 6. Th~t (a) in the event of any lxeach of this INortgaye or default on tha part of the MORTGAGOR, a(b) in tfie OvMf any oi, saFd sumf of mo~ey he~ein referred to be not p~omptly and iully paid wi~hin thirty (30) days next after the same severally become due +nd payable, wilhout dema~d or ootice, or in the event each and every the stipulations, sgreement~, conditio~s and covenants of sa~d promiuory note and this morlp+~~ any o~ eilher •re nol ~uly. promptly a~! fully perfwmed. d~xharged. executed. eficcted, completed, complied with and ab~ded by, then in ei~her w any ~uch evsnt tM said ag gregate sum mentioned in aaid p~omiswry note ihen remaining unpaid, with interest accrued, and a11 moneys xcured hereby, shall betome due and pay- able forthwith, u thereaiter, at the option of sa~d MORTGAGEE, as fv11y and completely ss ii all oi the iaid s~ms of money were wi9inally itipulated to be ps~d on such day, anyth~ng in sa,d prom~aswy note or in this Mortgage to the contrary ~otwi~hs~anding; and Iherevpwi w lhereaha at the option of seid MORTGAGEE, without rw~Ke or dcmand, suit at law w in equity, therefae or thereaftcr begun, msy be prosecuted u if all moneys ietu~ed hMeby hat{ maturevj ~.0~ Io its i+xtitu:i~. . 7. That in the event that at the beginning of w at eny teme pcnding any suit upon this Matgage, w to foretlose it, w to reform it, w to enforte payment of ~ny claims hcrcunder, said MORTGAGfE shall apply to the Court having jurisdiction thereo~ fw the appa~tme~t of • Receiva, tuch CouM shall fathwith appoint s receive~ of said mortpaged property all and singula~, inctud~ng atl and singular the i~come, p~ofita, issws ~nd revenues from whatever w~rce da~ivcd. each end every of wh~ch, it being expressly understood, ia hereby mor~gaged as if speuficatly ut fwth and dewibed in the yr~ntiny and habendum clauus hereof, and such Receiver shali have ~II ~he broad and effeui~e funcr.ons and qowers in anywise entruited by ~ Court to • Receiver, and such ~ppointmen~ shall be made by such Court as an admitted equity and a mat~er of absolute righ~ to said MORTGAGEE, and without referente to fhs adequ~cy or ioadeqwcy of the value of the property mwtgaged or to the so~vency or ~nsotvency of said MORTGAGOR d the defendants, snd that suth rents, profita, income, iuues and revmues ahall be applied by s~,ch Receiver accord;ng to the lien or equity of said MORTGAGEE and the practite of such Coutf. 8. To duly, p~omptty and fully perform, discharge, execute, ef(ecf, complete, comply with and abide by each ~nd eve?y the ttipulations, eg?eemcnt~, conditans and covenants in aa~d promisswy note and th~s mortgage set for~h. 9. That in the event fhe ownershep of the mortgaged premises, or any part thereof, hccomes vested in a person other th~n the MORTGAGOR, ths MORTGAGEE, its successors and ass~gns, may, wiihout notice to ~he MORTGAOR, deal w~th such successor w succcssor in interest with reference to this mortgage and the debl hereby secu.~d i~ the same mam~er as with Mortgagw without iri a~y way vitiating or discharging tha Mwtgapon' iiability hera under w upon the debt hereby secured. No sale of the premisea hereby mortgaged and ~o forbearance on the part of tht MORTGAGE~ w vs tuctesson or assigns and no extension of the time fw the payme~~ oi the debt hereby sec~red given by tFie MORTGAGEE or its tuctessors Or astiyni, shall operaN to release, d~scharge, modify thange or aficct the original liability of tix MORTGAGOR herein, eitF?k in whok w in put. 10. h is spec~fically agreed fhat time ii of the esxnce of th~s coN~ap and rhat no wsiver of se+y obtigat~on t~e~Nx~dar oi of tM obliy+tan to- cured hrreby shali at any time thereafter be he:d to be a waiver of Ihe terma hereol a of the enstrumtnt secv~ed herby. 11. In add~tion to the forego'ng monthly payments of princ pat and interest ~equired by t!x promissory note secured hereby, mwtga9w mvensnts and agr~s to pay ro mortgagee v.iih_each mcnthiy payrrent an add~~ional sum est~mated by mortgagee to be equal to 1/12 of the annual cost of the follow- ing: ~ ~i A-All real property ?axes [ev~ed or assessed ag3i~st ihe above desvibed rea! estate. ~ B-Premiums on fire and wir.dstorm insurar.ce as here;n requ;red to be carned on the improvements siwate on the above destribed premisef. j C-Prem~ums on wch mortgage guaranty insurar.ce as mortgagee sheN from t~me to time deem fit ro carry on the lo~,~~~e~yy gs i Mor~gagee sha~l irom r~me to ~ime norify mor~gago~ ~n writ~ng of the amou~t due and paysble hereunde~r `a~~,y~ ~~~~t~ be dve •nd F payable on the d~e oate of the next month:y pay~nent and each successive month therealler u~til mortgagee l1ra~ ~~Ti1~r mo ~f a cha~ye in suth amount. Such sums shai4 be appfied by mwtgagee ioward the payment of real property tsxes, insu~ance prem:umsy~n~ ~~[aO~~ns~rance E premiums_ b1~V ~il~ ~I~ ~ IN WITNESS WNERfOf, rhe sa~d MORTGAGOR has hereunto set his hand and seal the day and y r first sft~~, ~r~~ ' ned, ~ested ~d delivered in ih~pres~nce of: - %'i ~_.~=~t~--a-~ I _~y~ ,~Y~ L _ - c n ! Ro 1 A ~Tebb r _ .4 ~ • ~ ~ - ,Cc!_~ L !C ~ ~ ~ .it~pss_ r i e Webber ,p STATE OFS~aom[ NEW YORK ~ ~ ! S5. COUNTY OF ~~-~~'`j' 1 ~ Before me penonally appeared Rp,land A' WPbbeT and E. Lucille Web~er his wife, to me well known and known to me to b~ ~ the individ~als described in and who exec~ted trr_ fwegoiny inserument, and scknowledged befwe me that they execwed the ssme fw the p~rposes ~ E. Lucille Webber ~ therein expressed. And the said ~ wife of t!?e said Roland A. Webber vpo~ s sepuate +nd priv~t~ ~ rxaminatwn by me taken separate a~d ~part irom her said husband, scknowledged to and before me that she execvted ssid instrument frelly snd volw~- ~ tarily and without any compvtsion, constra+nL apprehension, w fear of w irom her said husband. WITNESS my hand and official seal this-- 7~ dey of May D. 19 76 ti i! ' i :i ~ Notary Public in a~d for the State of ~ Jw~~ My Commission expires: ~,~l C' ~ Retum To: First Feder~i Savi~gs 3 loab Associat:on N~ T~ ~ OF Fort P:erce. ~~~4~ d Y~ ~ d ~t ~ a!'~a= ~ fort Pierce, Flon a ~ M ~ - Doriri~ ~ ~h 30~ , ~ bpiM aQ.1 , ! . ~ J. H. Roberts Jr. This Instrument Prepared By ~ First Federal Savings & Loan Association ftLEO AM~ REti0R0ED , 7 ~ ~ of For1 Pierce RloZida 33450 51.1UC1E COCNTY flA. ~'~~~s • _ ~ ' aOCE~ °0ltRAS a _ ~ CLEf1R ~~P~ulT COURT ` - J ' C . ~ Checked By - ltECOR~ V~RtF~EO.~-- ~ . ~ M,'6 . : > ~ 1 l2 os p - : ~ x'V ~ 253 ~~1uL ~ :`f ~~_l~ x r r -1 ~ ~ y_ ' _ d z ~ ~ ~ ` ~ .