HomeMy WebLinkAbout0152 3. To pl~<a •nd con~inuo~aly krep on ~M !w~ld~n9f ~~crv or heroelte~ s:luete or ~a~d lenJ a~~d on a,; .~q.~~•~~:c~t s~ J pe~foniHy Covcrod by 1h~t mo~lg-
ega. wnh •II prm~wns Ihrrt~in pa,d ~n iull, hre i~isur~nce ~n ihe ~wal a~~ndeid ~:~ty (o~m. m e~..m e~.N~orcd bt ihe A1Uk.v:.tiEE. aud wu~ds~wm
~~~e~ranc~ in ~M uwal 1t~~Klard ppl.ty for~n, in a~um appro.ed by !he MORiGAGfE, in fuch cc~~:pe~~y or co~~~.ar.es as ~hs h1JkiGAGEE m~y
d~~ecl; ~nd •11 Ine a~.d vv~ndstorm ~nsuranca po~k~es on any ol se~d b~~id~ng~. •nY ~~fe.eat Ihr~c~n o~ ~,ar~ tF~~ce•.i, in the •ygrr9ete ~u~n •foeEta~d w
in •xceu ~hereoi, shali con~ain ~h~ wuel i~andr~d o~or~gayee c:ause a fuch other ueuie ~s the Mo~~y~y.:e may ~~y.,.ra ~»ei~~,~g the :csti u~dr* s,~d poi~-
c~es, each snd every, payable Io se~d btORTGAGEE af ~~s intare~~ rn~y appsar, and each a~~d wery ~~ch W~.c~ s!~il !,e prom.puy a~sg~~rd and de~~.e~cd to .
eny held by utd MORIGAGEE as lunhe~ ~ecunty to s~~d nw+~~~9~ d~bt, ?nd, not leu ~t~an ~en (10~ days in ad..:~ cr of ~he e¦pi~e~~on of es<h po!~c~. ~o dr
~;ver t0 sa~d MORIGAGEE a ~enewal thnroof, ~o9e~he~ with a rece~pt io~ thr pramwm oi suth rrnr+.a': a:~d ~h<re s~~~~! La rw f~re or r:~~~dstor,n ir.iu~ence ,
p~aced on any o1 sa+d bui!d~ngs, any interesl thare~n a parl thereof, un!eia in the form and w~~h ~he Ios+ p~r~~~r an o'erei~~d; er.d ~n the r.rnt any sum
of monQy bccome~ payabte unrle~ svch poGcy or poLc;es said MORTGAGEE shall Mve the op~~on to rcce~.r and ,:F'.y th- same ~n accoum o( ~he i„drbtrd-
ness securrd he~eby w?o perm~~ sa~d MORTGAGORS ro receive and use it o~ any pa.t tl~e.~•uf 1or o•~,•~ ,.s~s. -..s ih ..,,..~7 ~r ~
ing e~y equ~ty, lien a+~yht u~dc~ a by vi~tue of thh mo::gps; ~nd in th~ event s~:d MORT(;AGORS sh~:l io~.a~~y ~eaaon fa~l to kerp the sa~d prem~ses so
~nswed, w fail to deliver pranptiy any 01 aa~d po!~Nrt oi inswanea to fsid MORiGAGEE, or fa~! prcr~~;>rty to Fay f~':y any prr~•',wn therefo~ o~ ~n a~y
re~petl tsil to perfwm, discharge, ezecute, elfect, tomplrle, comply with end ab~de by th~s covrnent, u an~ ~:,+r~ h~•reof, ae.d MvRt::,%.GEE may p~ece a o
pey fw tuch inturence o~ any pa~1 Ihereo/ without waiv~ng a affec~iny any ophon. I~en, equ~ty, or ngh~ ~~:Jer or b,r v~.~~e oi ihis htcrtgage. and ~he
f~ll amo~nt of each and every suth psyment ~hsll be immediately dve and payable and shall bear inlrrefl iro~n tha do~e ti~errof until pa~d at the rate o1
~:::~e per centum pa~ annum and ~o~ethcr w~th such lnterest shalt be secured by the Gen of this mortgage.
1. To permil, commit w s~fler no waste, impairmrnl a deterioration ot said property a any part thr.eof.
S. To pay atl a+xl s~ngulsr the costs, charges a~d expenses, ]nclud~ng a reaso~able atto.ney's fee and ccs~s of abstrocts oi ~~Ne, ~ncurred o. pa~d at
any time by sa~d MURTGAGfE, beceuse a in the wero of the fa~lure on the part'of the sa~d MORTGaGOR to du.y, pro«•pt~y and f~dy pe~torm, J~scharye
e.~~cute, effec~, caoplete, comply w~th and ab:de by each and every the s~~pulaeoos, agrrea~ents, condn~ons, aM! covenants of so~d pro~nis~ory no~e and ih~s
, orrqage any or e~~her, and sa.d costs, cherges end expensrs, each and every, shall be immed~ately dua and yayab:r; wl:ethtr o~ not +here tx nonce d~
mand, altempl to co:fect or wit pend~ng; and the full a~.wunt of each end every s~ch paymenl shall bra~ mta~ev frum the date the.eof until pa,d e~ ~he
~•i< o~ nme NE~ C2niV'n p.~r ann~m; and all aa~d ccs+s, charyrf and eacertsrs incu~red o~ paid, togetF.er wrth su:h mtereat, shall be secwed by Me Lrn of th~~
mortgage_ ~
6. That (a) io the event of any brrach ot thia Morrgage or default on tM pa~t ol thc MOAiGAGClk, or ;b) in ~ha evcnt any oF sa:d su~ns of mo~ey
h~~e~n reFened to be not prw+iptly and fully paid witi~in th~rty (3QI days near a!tcr thc same sc~e~e:i~ Le.o~•~e doe and payaL:e, w~~T:out dernand oi not~ce,
er ;c) in the evem each and every the stipulanons, agrecments, condrtions and covenant~ of sa d pro-.~~ssory note o~~d th;s n:ortgage a~y or e~~her aro not
ivly, promptly and fuily performed, d~acharg?d, e+cecuted, eifected, completed, compi~ed w~fh a~d ab~Jed hy, inen ~n e:~he~ or any such event tne sa.d a9
~regate wm mentianed in aa~d promnsory note then remain~ng unpeid, with inerre;t accrued, and a:i mor:e~s secured hereby, sha11 t;rcome due and pay-
a~.e lorthwith, or ~hereaftcr, a? the option of sad A10RiGAGEE, as (ully and completety as if a±i of ~!~e s.~.d s~~~s of mo~ey were or.g~na:Iy s~.N.,:ated
to be pa~d on such day, anything in sa d p~o~n~sswy rwte or In Ihis Mortgage to the contrary norwithst~~.d::+g; aRd ~hercupor. o~ therra~trr at ~he op~=on of
d MORTGAGEE, w~~hcut no+~ce o~ demand, suit at law a in equity, theretorc or ~F.ereafter bc~~n, ma~ tc proaewTed as if all moneys sciured he~eb~
n~d matuted pnw to dt insf~tut~on.
7, That in the event ~hat at ~he beginn~ng of w at any 17me pead7n~ any sult upon this McrTgage or to ~o.edose it, or to ?etwm it, or to erfo~ce
Fayment o1 sny cleims hereunder, sa~d MORTGAGEE ~ha!i apply to the Co~~t hav~ng ~ur~sd~ct~on ;h,_vrof !or fhe aa~~~ro+neN oi a Receiver, auch Ccurt sha~l
i.:rhwith appo~nt a receiver ol said mwtgaged property all and sirgule~, includ~ng a~! and s~ny~iar r,e ieto~¦~e, prof~!s, issurs and revenues from wh,te~er
s~ ,*ce derived, each and every of wh;ch, it being expressty undersrood, is F~ereby morrgeged as ~f spec:f.c3~ty set forth and desu~brd m the granr,ng and
h~i;endum dauses hereof, and such Receiver shaU have ail the broad and effective f~nct~cns and por.ers in anywhe ent~usted by a Court to • Receiver, ar:d
i_ch appointment shall be mede by svch Court as an ad:nitted equiry and a matter o( abso:ute r~ghi to sa:d MOATGAGEE, and without refe~ence ~u the
a: _q_~nq or inadeq~acy of the vaiue of the property mo~tgaged o~ to the so~vency or ~nsc~vency of sa~d MORiGAGOR o~ ihe defendents, and th~t such
~~~i, profits, incane, ~swes and revenues shall be appiled by such Recerver accord.ng to the 6en or equ~ty ot sa;d MORiGAGfE and ~he pract~ce of s:.ch
Co~rL ~
8. To du.y, promplly and fulty pertorm, discharge, exetute, effect, camplete, cor.:pi~ v~~th and a~,~de by each and every the stipulations, agreemenrs,
.:;nd~hons and covenants m se~d prom~ssory note and th[s n:crtgage aet forrh.
9. That in the event ~he ownership oi the mortgaged p~emises, or any part thcreof, becomes vested in a pe~son orher than the MORiGAGOR, the
:'~RTGAGEE, its iv:ceason and ass~gr.s, may, withovt r,w~ce to the MORTGAOR, deal wnh such w[cesso~ or su::essor ~n ~ntereit :ti~~h refere~ue to Ihis
o~rgage and the debt Aereby aecvred in the aar+e manner af with tdortgagor w~thout in any way vit,ai~ng or d scharg~ng ~he lAcrfgagori Gao;.ity hero-
_~-;ser o~ ~pon the debt hereby sec~red No sa~e of tFw premises hereb/ mortgagrd ar.d no forbearance on 11,e pa~t•of tne N,ORTGAGEE or its successors
c~ ass~gas and no exfens~on of the t~me for tiu paymem af rhe debt hereby secured yiven by the IrORTGAGEE or ,ts s;,ccesson w ass gna, ,t~a:l operate
ro re~ease, dacharge, mod~fy change w aifect the orig.naf lien~lity of the MORiGAGOR herc~n, euher in whoie or in part.
10. It is spec~t~catly zgreed that t~me ia of the essence of this contract and that ro waiver oi any oE;:gat~on hereunder w of the obiigation sr
o~:cd hereby shalt ai en~ time thereafter be held ro be a waiver of the terms hereof or of the inatrument secured herby.
11. In add~t;c~ to the iorego'ng mnr.th~y paymeats of princ ~al and inle-est ~equ~red by the pron+ s~ry ~e•e secur2d ?nieby, mortyaaor co~fenan!s
i~d oa.ees to pay to r-.ortgag.c x~th rach r~o~thly pa~~ :ent an sdd~r~enal wm es' mared by morr~ayee to be eq~ai to 1. 12 of t?~e an~,val cost oF the folioe+-
A-AII rca~ rropcrty ta.as le~ned or assessed aga~•~st th~ above desc~~~cd rral es'a!e '
E-Pr~•R ~u~ns on t~re ar.d w;nJs!o; m~nsu.arce as hc.e~n requ:red to be carricd en the :r;:roveme ~ts s tuat^ on ts-~ a5ove d_;cr:Led prem~ses_ .
C-Vrem:v~ns on such mortg>ge guaranty ~r.su~ar:,c as mo~tgagee sha:) from t me 'o t~me deem f;t to carry cn tF.e ioan scc~red hcreb~.
Mo~tgagee shafl from t~~ne to nr.:e 4io:~fy morr~agor .n writ~ng o~ the a+r+o<<~r due and payable hereundcr and avch w~-+ shall thereupon br due and
~ ,~b`e on the d~e dafe of rhe next month:y payment and each s~ccessire month ri~e~eafr,r ur.t~i mo~tgagee shall r.ot~fy rnortyago~ of a change in wth
~ ,nt. $vch suTS sha:i bt appi~ed by mortga3ee rotia+d rhr payment of reat prcpertr taaes, insvrance prea:.ums, a:jd rno:tyage guaranty ir.surar.ce
I . . ~ums.
IN \'lITNESS Y;HEREOF, +he sa~d MORTGAGOR has hereunto se~ his hand a.id sca! rhe day and ea ~rst af SA1d. • I~~ • ~ -
S+gned, Sealed and dr~ivered in Ihe p~esence of: -
_ _ Scal)
_~Le~,~~~. Ruth M. Mil_ler, a si ngle ~}lt
- csea4
1 Q.,~
- - tSwt)
,i~'-~.`'-
, N'= Of FIORIDA 1 . .
-;;,vTY OF ~t I~UC 1@ _ 1 ~ '
Ruth M. Miller, a single adult f -
Befpe me personai;y appeareri ap~
- lf~Gl6lL to rne ~eH•toowrtv~d knowA7a: r'ae io be
+ie ~ndrvidva! descr~oed in and who executed the ioregoing instrument, and acknowiedged before me -that 3he e~ecY~fbe same for thG ~ryoses .
•
~ _ e;n e:pressed. X~?/9f}~X3C ~ ~ ~ '
- ,
xntec~xAexwic- - xq~xitx~iirx'xx
x ~tx~t7nxx4aaaa0yaDO8x~ptecOwox9t ~wt7a~IO~ormot~c~c~xoei~~lo . e~OC4oDtot
x~aac o~oa0aaoxoax~a~c~ao~be *oa~dco~aeclafa~aAUC
WITNESS my hand and officlat seal thi~ ZOttl _ day of .~"t'~ ~ A. D. 19~_
~ _
otar Pub~i ~n and for the State of FEo~ida st lar e
- Y ~ 9
~ My C ~on e:p~res: ~
Rer~rn To:
~ F rst federal $avin3s 6 loan Associat:~n ~ ~ry P~~ S~ p~ FlOf1~i ~~~KA
~ Of Fc,rt P --rce ~7PI
Furr P~~rcr. Flo!;dn ~ ~~s~ ~ C~~M~
b N,rkr fiw ~ Cr~r
~ St
RoCIE COUMTY F~A.
~ Th~s Instru~nent Prepared By Cadry F. EllwOOd rt~F;~Ea Pp1TRAs
~ F,rst Federal Savings 8. Loan Association ~~~'~~~T COUR
j
~ cf Fort P,erce ~ ~
~ Fort P~erce, Florida 33450 MQr
3 ~1 PM'7l
'.^"C'Cked By ~ - .
a°oox~$ ~ 365933 •
mp