HomeMy WebLinkAbout0835 9. To plx~ •nd con~inuously keep ;x~ tM bvi'd~nys now a M~~aiq~ u1u~N or so~d I~nd ~nd o~ elc eq n~nent ~od perwn~lly ce.erea by mwtp.
•g~. with •11 p~emwmf the~wrt p~,d ~n ivtl, f~ro ~~~v~snce in tM wwi ~'~nd~rd pohtY (o~m, ~q a wm ~ypro+ed by ~l~c MUk:'v.iC,£I. ar:d w~ds+or~n
~niur~nc~ 1n tM wwl st~:,Jard poLcy fc:m, in • ~um app+or~d by 1M N10RTC~AGEE. in a?ch canps~~y a!r•~Ya.~•~a af tha h:Ckii.AG~f m~y
duev: and a11 fir• •nd w~nJ~~o•m i~wr~nc~ poiic:e~ on any of ~a~d bui~d~n~~. ~ny in~a~~~ ~h~rrein o~ par~ thereot, in ~hs agg~cya~e sv~r. alc~es+~d or
In •:c~sf tMrcoi, ~hall c.x~~•in ~M uwal Wndard morr9aqe~ d.~w p fuch o~M~ daua~ u ~I?~ Maip~ee may ~equ~~~. ma\~ny ~ns ictti ~.r:kr ~a d po;~
c~s~. ~ach ~nd eve~y, payeb?~ to sa+d MORTGAGEE a~~s inr~~ett may ~pp~~r, and ~ach and •v~.y such pobcy ?k;!) be prorr.p~ty as+~ned and det~~e._d re
~ny held by sa~d MORIGAGEE lurth~~ fecurity to uid rr~tyays d~b1. and, not I~u ~Me ~~n (10) d~Y~ in edwnce o( ~M exy~ra+:on of e~ch Fu~~cy. ~o dr '
I;~~r to faid MORTGAGEE • renew~l ihersof, tape~ha w~th • fKf~Pt ~Of tM pranwm ol fuch renewa~; ar.d ihere •hall tx no Lrc or w~~:.~::~rcn ~~:~~~aa«
p~ec~d on any o} sa~d 6vildags, •ny interest ther~+n o~ part thereof, un'esi in tht torm •nd with 1M loss payat!e as a!wesa~d; end in the e~rnr •~~y s~m
oS mon~y become~ p~yable under such policy w pol:ciea ~~id MORTGAGEE sh~ll Mve th~ opt~o~ ro receive end ~pp!y the san~e on eccovni ef ika uxir!•+~-d
nefs ~ecur~d hsreby a a permit said N1(Nt1GAGORS to ~~ceiv~ and us~ i~ a~ny parf thereol lo~ o;inr. pur; csrt. ..:+no..t in •,::r h~~:: ° ~ :~•r-•~
~nq any eqwty, li~n p r~ght unde~ a by virtw o1 thi~ mortppr, ~~d in 1M w~n1 wEd MORTGAGORS shall ew an~ reasw~ is~l ~o ke,p ~he ~a.d ~~em:s~. so
~n~v~ed, a fsil ~o de~i~sr p~anptly ~ny ol seid po~Kies ol inw~~r+e~ Io sa~d MORiGAGEE, w la~t prompety eo pay fu~ty any prir.+•„ n efk:cec~ er a-~v
re~pect lail ro pertwm, d~scha~ge, eaccute, ~f}ecb compltte, compty wlth uid abid~ by th~s covenans, a any par~ harcoi, •e~d .Y:C:R~G~~~= ~=:ai ~~ace •:~o .
pay Iw sutl~ insurant~ w any pa~l th~rtof without w~ivinp ot affetli~p any Option. lisn, eqv~ty, w riflht under or b~ v~~tue o! ~!+:a 1~~~:tg.?ge. ar.d tht ~
f~ll amount o1 ~ach ~nd e.~ry ~uch payn~rnt shatt be immedi~tely dw and payabt~ ~~d ~ful1 beu imere~i from ihe de~e sh.raot u~~~~l r.:,:o at r~K ~~ta of
- -r. c-,.
1. To pHmi1, co~nmit a ~uf(er no wu1e, impai~rtNM a d~te~io+ation o) ~~id Prop~rty o~ uiy ps.-i ti~ereof.
5. To pey ~II and sinyuta tM cost~, charges ~r•d eapMS~t, includinq a re~sonable at~wney'i Fee co~K oi ~bs+racf~ cf t7Ne, ir.c~~~~ed o. ~=d a~
any tir.:e by s~id MORiGAGEE, betaus~ or in th~ tvent o~ the failu~~ on 1he pa/1 of IM s~+d MORiGAGOR to dviy, prompHy and iu!1i pwt~,rm, d•stFarqe
e¦ecut~, effed, comple~e, comply w~th and ab.de by ~sck ~od every ths ~tipulatwns, ~y~e~menq, coodititw, ~nd coverunrs ot sa'd pro~n~xsory note and thf~
,:ortgaye •ny or a~ther, and sa~d coih, cMryes and aapcnsef, each and ~vtry, ~MII bt immedeaerly dw and payable; wF:r~he. or r-oi thrre t,e no+~ce da
mand, attempt to tollect or sui? pend~np; a~d tM full amounl of e~ch and every such psymenl sMll besr ~nterei~ :rom the date the~eaf urttd pa~d al tne
~.~~r oi n7ne per crnfu~+ pe~ am~um; and all aaid cosrs, charges and e:pense~ incurred a paid, ~ogether w~th iuch ~r~ereit, snetl be secured by the Gen of th~•
mort9~~.
b. TMI in tAe event of ~ny breach o( lhia Nbrtgap~ or de~auU on tht pa~t o( the MORTGAGOR, a(b) io the evaM •ny of w'd tv~r+s ot money
herein referred to be not pranprly and fully paid within th~rty (30) days oext af~er the same se.erally become due and asyabie, w~rnovt dcma~d or nouce,
or (c) in the evenf each •nd e~ery ~he st~pulationt, ag~eements, cond:rwns and covenants o( sa;d promiswry note w...± eha• n:origeye any a e~+hrr are ~ot
iuly. Promptly and Fully pe~fpmed. d.uharged. ~Recuted. eifected, completed. complied wifh ar~rJ ebs~ 5y, thsn in e:~her w any ::icn evem fhe sa+d ag
gregete sum mtntiorKd in taid promissory ~ore then remaininy unpaid. with interest accrued. ~nd a!t mo.~eYS sccurei! Mreby. s~all t,rcvrtro dvt and paY- ~
abic forfhw~t6, or thrreaf~er, at the opr:on of said MORTGAGEE, a~ fuily and completely as i( •II oi the satd iums of money werR C~girtaiiy s~~puiated
ro be pa~d on svch day, anything in sa.d prom~sswy rate o~ in this Mortgaye to the contrary notw~rhstandeng; and ~l~ereu`an w thrrraiie+ at rRe op~~on of
:a d MORTGAGEE, without not~c~ w demand, suit at law o? in equity, the~e(ore w thereaftN beyun, may be prostsWed ~s if all rr;,rw.rs secur~d hereby
nad maturcd pr~o~ to ~ts institutwn.
7. That in the eve~t tMt at the beginnin~ of or at any time pe~ding any suit upon this Mort~sge, o? to faeclose tt, or Io refam ir, or to enforce •
payment of any daims I+e.eunder, said MORTGAGEE, sMll apply to the Cour~ haviny ~w~sd;aion ~hereof fw the appo+ntment of s Recei._•r, wch Couri sha11
fcrrhwith ~ppoint a receiver of sa~d mortgaged property all and sin9ular, includ~ny atl and s~ngutar fhe income: prof~ts, issues erd ~everwes from whetever
so,~~ce derived, each end every of wh~ch, ~t beiny expressly unders~ood, is hereby mort~aged ss if spcc~ficaliy eet forfh and dex~::.zd in the yrent~ng and
hebendum cl~uses heroof, ~nd such Receiver ~hall hsve all Ihe broad ~nd eflective funct:on~ and powen in anyw~se entrusred by a Cou~s to s Rcceive+, a•.d
t~ch appointment shall be made by such Courr as an admitted eqvity and a mafter o( abso~u~e righl to uid MORTGAvEt, and wnn~iu~ re(erence ro t?,s
adequacy a inadeqwcy oi ~he valve of the p~operty mwtg~ged or to the sotvency or ~nsotvency ol sa~d MORiGACr~R or the defenda~~ts, and that such
re~~i, profits, incorne, iss~es and revei~ues shall b~ appl~ed by such Receiver accord~ng to the 6en w equity ol saed MORTGAG:E :nd the proctice of suc!~
Court.
8. To duly, prompity and ful?y perform, d~scharge, execute, eifetl, complete, comply with and abide by each snd every the uipu:ar;ona, sgreemeMS,
;end:rions and covenams ~n sa~d promissory not~ and this mwtgage tet fwth.
9. That in the event fhe ownenhip of the nwrtgaged premixs. or •ny part tnereef, becomes vested in • person other than fhe 7N~RiGAGOR, the
h~~RiGAGEE, it~ successo+s and aa~~gns, may, without no~~ce to th~ AAORTGAOR., deal witA tuch wctessa a tucce?sa in intere~t wiai; reterence to this
~•o~rgage and the debt hereby sctured in the same man~er as with Mortgspw without in aoy wsy viti~tinp or d~xharg~ng ~fie Moztgagors' ~iabi:ity hert
::^:ier or upon Ihe deb~ hereby secured. No sale of the Fremises hereby mortgaged ~~d ne forbes~ance o~ the par of tl,e .?fARIGAGEE w its.succeswrs
o~ ass~gns end no e,rens~on of the time for iha psyment of the debt hereby secured yiven by the MORTGAGEE or its wcceswrs w assfgns, a~isil opcrate ,
ie .e~ease, d~scharge, mod~fy change or affecl 1he originaf I;abS~~ty of Ihe AhORTGAGOR Mreio, eith.sr in whole w+n pa:t.
iv. ir n speufi~caiEy egreeo ~na~ iime ia of rhe esser.ce of ihis com~an arxi inat no wsiver oi any oi,iiges;~ ~~eunder or oi tix oei~gatwn sr :
:~~red hercby shali at any time the~eafter be hetd to be s waiver of the terms hereof p of tAe instrument secu.ed herby.
11. In addtio~ to the foregc ng monthty payments of princ paI and interest required by the prom:swry no« sec~red hrrebi, n!,~!Iga~or covenants
+ d agrees to pay to mo~tgagee v.ith each monthiy payr:ienl an add~rional sum esf~rrat?_d by mortgagee to be eqvae ta 1; 12 04 t:,~ ar.r.,at coi~ of t}~e iollow- `
A-AII real pro~erty fa,ces levied or assessed agai-,st the above deu~ibed ~eal es~are. .
~
' B--Fr.rt:~ums on fire and windstorm insurdrtce as herein requ;red to be carried en The improvernenta situate on tne abOVC e~esv~bed premises.
; t-Premiums on such mortgage gwrenty ir.surar,ce as mwtgagee shail from ~ me ~o time ~e«n fis to carry a~ the laan secured he+eby.
Mortgagee ahe!I {rcm ti-ne to time noh/y mortgagor in writing of the amount due and payable hereundrr and such suT shai: thereupon be due and
i .+.~h'e on the due dafe of rhe nexf month:y paym.em and each successive mon?h t?~creaNer ur,fil mortgsgee shall not~fy mort~aaor of a char.ge in such
o„nt. Such wms sha;l ;e app!ied by mortgagee ~oward fhe payment of reai property taxes, insurance p~cm;ums. and mo::ga~e ~uarar.ty insurance
C . ^iumi.
€ IN \YITNESS 'NHEREOf, rhe said MORTGAGOR has hereunto stt his Iwnd and seal tfie dey and vear first afo:esa~d.
~ S~gned. Se~fed,and delivaed in rhe presente of: O r
~ ~ ~ ~ flA- d~~5~~~~/ , ~~~y
f
pOCfR POIM~S o er . n
CI~PK CtRC1!{T COORT-~~ !s'•4
_ r. ~•FIEO ~K m ~ eym ts~aq
- - • t5eat)
~'E OF F10RIDA ' " 4O
'~~UtiTY OF St~ L•llC~A ~
Brfore me perwnally appeared Robert L' • P@9~A a~
1i~1 T, . P eyman his wi(e, to me well kno+tn a~d knovrn to me to be -
?~,e ir.d'+vidwls deuribed in and who executed the foreyarg instrument, ~nd acknowledyed befwe me that they exr.uted the sarr.e fw the purposes
•Ft-~e~n e:pressed. And the said Kim L• g°~I11a11
.,:~e oi the ~~d - Robert C.. Peyman _ , upon a separate and private '
_ ~~.;'natian by me taken sepa+ste and apart irom her said husband, atknowkdged ro and before me that she executed said instrument free~y and voiun-
~ a-~,y ar.d wrthout ~ny compulsan, cons~raint, epprehens~on, or fex of w from her asid husband. .
WITNESS my hand and official seal this ~ day of A. D. 14
~ ~
~ Notary Pubii~a (or !he State of fx.::de a! Large
' ' My Commiss e pirts:
~ ReWr~ To: NoM~rv P~i:`c, ~r-~ of i.>r? ro t.:•.,y
~ First Federal Savings 3 loan AssotiaLOn ~ -
~+y ~r ~.Or.:P:i:siOG ~xj:.:ES .afr 1?, Cs~l 1
a~ Of Fon Rrrce. . bpnd~d by !`ve:ct:=un Fira ' •
Gasv~:t W, n
~ fort P~erce. florida • Y Y
~ • N
~ ~ •i~=` ~ i
~ This Instrument Prepared By .T. Hal Roberts, Jr. •
~ F~rst Federal Savings & Loen Association , ~'"~~~'i`.~.,~~,'},
of Fart Pierce _ y.. '
~ Fort• Pierce, Ftorida 33450 `_t 'C~ U'•'•"`''
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_ _'ked 8 - 7' `e'' (n gs~ ,
y sornc~,vv ~c~ ~ - ~ ~ Q
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£ ~?~~~~~.i~ f•w•:~ti.
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