HomeMy WebLinkAbout0976 ;
_ !
. . ;
3. To plnce and <o~•~;~,u,wsly krep a~ the bu: d~~,yt now or here~(ror ?~tw~e on ~a~d ~snd and on sll equipment ~nd peno~~lly towred by 1hi~ mott¢ ~
sg~, with all prem~;:;ns thrreo~ pa J~n lull, i~~e i~u~~a~ce ~n ~he ~~~~a~ s~e~ui~rd po~~ty fo~m, ~n • t~m s~.Nro+ed by ~he MOR1l~AGEE, •nd w~nJttwm !
:nsurance in ~h~ uwa~ s~an<l:~+d po„cy form, ~n ~ wm appro+rd by tl~a AtiURTGAGEE, in tuch co~npe~jy o~ ca.+pan~et as ~h~ l1lORTGAGEE may ~
d~rec~; and all fire a~~d w.~ul~w~m insuronce po!ic~rs or~ •ny ol ie~d Iw~~d:ngt, ~~y in~ere+t the~s~n or parl thrreof, in ~he pg~eyae wm afonuid a ~
in ~xcesi ~hercof, shall coroam the usvat ue•.dard marg,~gce cls~u w such othei clause as the Mor~gsyee may reqwr~, makuq tM lo» unde~ ?a~d pO1F ~
c~es, e~ch and every, psyob'e ro sn~d A~JRTGAGEE a~ ~h i~~eres~ may eppear, and each and every tuch poi~cy ~h~lf be p~omp~~Y +~+9^ed ~nd dt~ivered ~o k
eny held by te~d MORIGAGEE as fwthe~ se:wl~y to wid mortgsge deot, and, not les~ ?Mn ten (10) dsYS in ati++nce oi ihe •apit~t.o~ ol eKh policy, fo df 3
.e i'. .w inf.,rww~s i
I~vpf t0 sa~d MUR:GA:•kt d R'~~Cwai IhMf01, IOy)Cih@/ WHt1 a IeCl~~7~ iW ~i~r p~Ciuwm vi swu .e~wwa~, a~•.. ~
pleced on any o) se~d bv~(d~nys, any inl~rEit the~e~n p part ?hcrrof, uniess in ~he (orm a+xl w~th ~i,e losf payob!e as alc~esaid; and in ~he evtM ~ny sum
o} nwnry becomes payab~e v~~Jei sLCh po3icy or pofcirs se~J MORTGAGEE shail ~ave tFw opt~on to retc~ve and app~y ihe same on account of !he indebted~
nrst secvred h.rreby w ro perm~t~s~~d MORIGAGORS ?o recrive and use it o~ any part tf~>reo~ Icr o:~c~ uurp,tes. v.~~h.o~t ~~~«oi wa~vu~g a~mpau-
~~g any equ~ty, I~en or ~ighf undrr or by v~nue of this mo:ryege; •nd in the eve~~ sa~d MORiGAGORS shatl for any reaaon fail fo keep th~ uid p~tm~iea a
~nsu~ed, oi feil to de~i~er pron~ptly any oi said poLties of inw~~nce Io aaid A10RiGAGEE, or fa~l promptty to pay fu11y any pre~nium therefw or in a~y
reapect lail ~o pe.fo.m, d~achor~e, exrt~fe, e1!tct, compiete, comp?y with artd abide by thia CovenaN, Or any pe~t hzrto4, said MORTGA('sEE may plKe ,
pay (or tuch ins~r.+nce or any Nar! ~t~rraof w~thout waivinq or affetting any option, lien, eqv~W. o~ ~~gM under p br virtue o1 this Mw1pa~ aod tl~t ;
fv~l amo~nt of each end e~e~y sucfi pa~~nrn~ thall be ~mmedutely dae and payable and shall be~r interes~ from tho date theteo( uNil paid at 1M r~b OI
n~r:e pe~ cc+~tvm E:c~ ar.num o~iii tc.~r~her A~eh wch int~res~ fh~ll t~e Secured by the iiln ol thi~ mortyage.
To permit, comm~r a w4f~r no wa+te, impai~ment or deisriaeuon oi said prope~ty or sny pa~t thereo(.
5. ?o pay all and s~n9uiar ~he co:~s, cFbrget •nd exFxn~es. ~nclud~ng a reasonsble snwney"s fee and cos~• of abstractt o( title, incurred a paid at
any time by ss~d h10RTGAGEE, brcause a in ehr rvent of ihe fa~iure on the part of the ssid MORiGAGOR to duly, promptly ~nd fully perlotm, diuMrg~,
~Yecure, eff«t, canpfere, compty w~eh and ab:de by each and every tFx stipu~anons, agree~nems, conJ~t~ons, a~d coven~ms of sald promissory note aod thii
.,~orrgage any or e~~he~, a~~d sa d cos~s, charc~es and exYr~sea, cach and every, ahall be immed~ately due snd payable; whelher w not ~here be no~~ce d~
mand, attempt to co~iect or •v~t pend+r.g; and ti.e fuH a~nount oi eech and every such payment shall bea. inte~est from the dste thereof until paid +1 the
• sre o~ n;~~e per cent,,:~i ~~er a~,.~u:n, anu aii said cos~s, charges a•:d rap~nses ~ncwred w paid, together woh such interesl, sMll b~ tetured by the lien of ihu
mottgaga. `
6. ihat (a) in the evrnt of any b~each of this Mortgage o? default on the part of the MORTGAGOR, w(b} in the eve~f ~ny of said svms of mon~y
hcrcin refer~ed to I,e r.ot promptty ar.d tu:~y Na~d witi~~n th:rty (30) de~s ~exf afrer the same seYe.atiy tecome due and payab!e, wi~ho~~ demar+d w notitt,
or (c) in thr r.ent each and r+ery the stl~,u:.~~~ons, a3ree~nents. tond~~~o~a and covenanti o1 sa.d p~om;swry note and th~s mortgsge any w either ar~ no1
ivly, prpmptly a~d fu~ly perfenncd, dacharged, exewted, effeaed, complered, complxd w~th end ab:ded 5y, then in e+ther ot any such ev~nt the ~id ag
g~ega!e sum m.enno„ed in sa~d y:ro:~,~ssory ~ote fnen ren~ai~eing unpe~d, w~th +nterezt accrved, and all moneys ucured hereby, ths~l betome dw and p~y-
_e .a. _t ~II.. .~~...da~..1
]V.C IVf1~~~1l~ii~. . ; ' _ . v'~_ _ . : " " :a ' _ - " : ._..:w:.._._.
ic be pa•d on s~Uch,;,,.r,~.+nicF.~~g,;n ia dvpco,~.sscry•~~oTe o~`~n th~s•Mo~tgage,to ~he ca~~rary no~w;ihsfand~ng: and therevpon^or tFxreaiter+at the opt:on o1
+~:d A!ORTGAGEE, v.'ft.~~~t no~::r or d<:~ ~:.d. s~~t at iaw or ~n equity, ~hereforc w tF+ereat~er brg~n, may be prosecuted as if ~II moneys secured heteby
r..d mat~red N.wr te .~s ~:~s+~!ur.~~.
7. ihat in the r.rnr that at tne b~y;nr. ny of or at any nme pend~ng any au~t ~pon rhis 5~tor~gage, w to foreclose it, o? to refam if, or to enforq
G•~~ment o4 any c~ ~ s nr~e.-~'.d,r, sa d:: ~l~ti'vAGEE sti~a'.: apply to the Court hav~ny ~urisd.ction tF~errof 1or the appointment of i Reteivt~, ~uth Cou?t 3MII
rorrh,wirh ecpe~nt a-rc_:.er of s.+:d ~nor~geg~ propurty elI and si~~ule~, inc~~d.ng ait and s~nquiar the ~ncome, prof~rs, is~ues and revenues from whefsv~r
:eurce derived. each ard every of v.~•.ch, it be~ng expressiy underswod, i! h.ereby mortgaged as if speci(itally tN fonh ~nd dettribed in the granting a+d
t:abend~m ttauiea ner~~o4, Trd wch Rece~Yer shafi have ai1 ~n? broad and efietr~~e funtt.o,~s and po+.ers in ~nyw~se entrusted bra Cou~t to a Raceive~, and
s_ ch appo~n;r.,ent s~+P ~c e:^ade by such Ceurt as an 3d +i~ttrd equity end a matle~ o( absofute t~gh~ t0 sa~d MORTGAGEE, ~nd withouf re1lttnC! f0 fh~
iJeqvety o~ inad~q:,ac~ ef tcr va'~~e of the prepe~ty mo~tgeged or to the savency or fnso~venty of said MORiGAGOR or tF~e defendants, ~nd that such
r<•n!s, profits, inw re, iseu.•s and re:e~.LCS shali Lr app~ic~d bv such P.ec~:+er accord~ng to the 6en or equity ot said MORiGAGEE and the prattice of suth
Court. ~
8. To du':~, prompt'y and fuily ~rform, d;schrrge, execute, et4ect, comp(ete, co^~ply w~th and abide by each and every the stipulations, agreementt,
o~idAions and co+enants m sa~d prom~sso+y ~o!e and tn:s mortgage set forth. '
9. That in the e~enr tke owr.enhlp of the r.ortgaged preR,~ses, or any part thercol, becomes vested in a per~n othe~ than the MORTGAGOR, the
.`"~RTGAGEE. ~rs iuccesse•s ~^d as5.qns, r.:aJ, w~t}~~•~~ r.o~~ce to the YORiGAOR, dea! N~th s~ch successor or s~ccessw in infcres~ with reference to fhis
~=-•gaye anc,+ tne ~ i:+ t er~::y sc:u~ed in ti~e sa~ne :~~anner as vcith ~lortgagor withoul in ~ny way vit~ating pr diuha~ging fhe Idortgegoti (iability herl~
,.de~ o~ ~~wn thr d~~a+ h_~•rc~ se•_~r.eJ. Ne sa:e of tr,~ ~~eTises hereby mortgaged er.d no forbearance on the part ef ~he MORTGAGEE or its suceessors
asa~~ns and no e.+e~•s~cn o~ :he n:n_ io~ the pey~r.rn~ of tne deb~ hereb~ secvred g~ven by Ihe fAORTGAGEE or its successus w~ssigrts, .u~fi oper~q
reiease, dscharge, :~~~c!:f~ c~arger o~ at!et: t?~e ong.~~a! i!ab.;:ty of the MORIGAGOR Fxre~n, e~lhe~ in whole or in part. 1
10. It :s sc-~oj~ca:~y , gr•_rd rha~ tlrre is of the esaer.ce of th~s contract and ~hat no waiver of any obltgat~on hereunder or oi the oblipation se-
cured herebf sF,~~. at any tirne tnerea'ter be hcid to be a waivrr of the terms hereot or of the instrvmeM setured herby_
11. In .•o e~c.~ ,c .*.o,:!i,`J pa~m~nrs of p.~nc ~at and inr~rese requ~red by the prom?sscry note se~~red hereby, mortgagor tovenants
d aorecs to ~.iy ~o r Grty~y~e v.,~h ea•_h c'OMn y Fiyr.~fnt an add~r~ona~ wm esttn:a~ed by mortyagee to be eqwl to 1~ 12 of the anr.ual cost of the follo~-
~ )
A-:+i~ ~fat :.rcp~~re; ~aa>s icnc~ o• aesess_d e3z~•;sf the above descr;~~d real estate.
! 5 G: s o~~ f:re a~ d vr:~:dro ~n .ns:~~:;-ce as herc~n reg., red ?o be ca*ned on the ;mprovements s~tuate on the above destribed ptemises_
~ C-Pre:~ s o•~ :.ch r_.:. ge g.~ara•tr~ ~rs~-a: ce as morrgagee shal! frOm i me to t~~r.e deem f~t to carry on the ioan secvr~ txYeby. k
R',ong,~ee s•~.~:~ f•c~n r~, e To t,^ c nc•:(; ~ne•rgage. ~n w•;r~ng o1 the amc:.~~t dve and payabk hereunder and such au~n shail thereupon be due ~nd
~ ;~Yable on rn~ ci,,e d.:~e of <~onth.; o.~y••c~t and each successive rnomh shereaire~ ~r,iii mortgagee shall notify mortgagor of a change in wch
3 ,~.ovnt Se,ch sur.u si o.i ~e a;p•;eti oy mcrtgayee w:.ard the payment o4 real property taxes, insurartce p~em:ums, and mortgage guaranty insutuxe
E ;-•emi~ms.
I IN YlII~:E55 `:~NfR"eOf, rn~ sa~d r1.CRTGA'vOR has herewto set h~s hand and seal the day and y r irst aforesaid.
F Sigrsed, Sealed and detivered in rhe pr>sence of: ~ ~
N AECpK E
f ~ED 0 - q
~ ~ II ,.~UtITY ~ ~
t, ' i'~ -x s~• uC ,~~SP.AS Geor A~ose a.k.3. Geor Hos q Jr.
~ - ~ ~Cvc . ..T ~pUR1
~ - CIEN ~r ~ E(~ ~
~ `~1 ' ' aF*^c~ 1. Arverne ~~e
~ ~ - - ~ ~Y (Ssa~
~ ~T~+TE OP fl A M~ ~ ~ ~H
+ ~r S5.
~ ~our~rv o~ ^ -:'._cie ~ i3`~~~21. _
- • 1 •
; ;
_ .f - , ? ^ ~ 1 • .~d ~
~ Before me penoaa~~~ ap,,eared _ ~.tf;.t1~_
~ _ .41'V@ ITl~ ::O:~C - his wi(e, to r4t jq~~ , A b ne to b~
sF~e individueh described in ar.d v.ho exewted tix 4oregoing instrument, and acknowledged t~efore ine that the~ exdut~d .fo?~ih~ pwposas
~ rherein expresied. And tne said-____ ~~Lrn~ ~:OSCZ ~ ~ _
~ .~~fe of the sa~d _ u-4;OI'~f' ::~~E'}~I~ 3.~;.3. s@_
~^~L° 1':~~~jt~ Jr. ~ ~ wq
~ .r ' ~'repuits snd P~
~ e~am~nat:un by me taken seoarate a~d apart (rom Fxr sa~d husba~d, ecknowledged to and befwe me iMt she exettrt~d seid•jns menU~rte{y ~nd volvM
= rinly and wnho~t any compu.sion. consira~nt, appreh~Ts:on, or fear of w from her ts' h s . ,r6 ~
Vti1TNES5 my hand and off;c~al s?al th:s. day of ' ,•A. D. 19 ~
~ ~
fi Not~ry ublic i and for the S~~te of Fbrid~ ~f lar~e
My Gomm~s expires:
Ret;,rn ia •
~
= First federal 53+inc~s 3.Oan Ass~,:at.cn t.'-~'r: p:~~~~. ~t?~! Ot ~~1~'i~d it iDT^,!
~ ;~1 FU't P . { . c " . [ Q ~
~ ~Jri f~i •'Gt. F:C.`I,~Jq [•~i% K~.'....4{~n G~`ItTC~f ~J9. ~U. ~7~V ~
? 4 wr i _w.re. _.a• ~
&
~
~
5,
- This Instrument Prepared By L'cma~~i i u~~es
First Federa{ Savings 8~ Loan Association
~ of Fort Pierce~ ~lorid a
~
~
~ Checked By _ fJ f ~p ~
~ ~L~~K~t~O ~'llf,~
~
r~
.
~ ~
_