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HomeMy WebLinkAbout2378 a . ~ 3. To pfeca •nd co~Nnuouily ksep orj ~ha bullding~ now or haree(ter situete o~ tstd land and on all cq~lpment and pen~etly covartd by 1h13 mat~- pe, wilh eq pr~mivms Ihsreon paid in (ull, }ire Insurance in Ihe utuat stendard pelicy form, in a sum •pproved by iht MOR~GAGEf, end windttarm ~ M~urenca In ihe utva) Nindard palicy torm, In a ium app:oved by fhe MORTGAGEE, in ~ucA campany or tompanie~ at iP.e MORTGAGEE may dlret~l ~~d •11 flro ar.d winJsto~m insurance policios on any of ~a;d buildtnga, +ny In~erat Iheretn or pari therool, In fha •ggrey~la ium'aloreiaid o~ ~ (n ext~s~ thtreol, the11 conlain ihe uwal •?andard mortgagee dause a~ such olhc~ dauss af the lNortgagce may requite, miktng tha 1a~1 undcr said polN - da, ~ach •nd avery, payable to ~aid h10RTCsAGEE as iti IMerasl may aQpear, and eath a~id every iuch ~ooliq ~hall be prompNy asi'gned and delivered Io •ny h~id by seid MORiGAGEE furthat tecurity ro sa;d mortgage deb1, ind, nu1 leu Ihen te~ pQ) dayt.in atlvance of Iha expiratlo~ of euh policy, to dr Ilvti to tstd MORTGAGEE a rencwal iher~(, togetha~ wi~h a rcte;pt ior th~ p±em+um of tvch renewal; e~d ihere iha11 be ~o fiee or wind~lam intur~nce ' ~ pbted on any of ~sid buildirx~s, any tMerost Iherein o~ par~ ihereof, unleie ln ~he torm and wi~h the los~ paysble at a(aaseid~ end in the evan! any sum of maney becomrs payabta under such policy or policies aaid MORTGAGEE ~hail have tho opfion to receiva end apply the seme on acco~nt of ths Indebted- ne~s te~urcd hereby o~ ~o prrmit said MORTGRGflRS to roccive and use 11 a any parl Ihereof for othcr purposcs, without Iherrb~ waivi~~ o~ impair. ~ lag ~ny cqvify, litn o~ right under ot by virtua o~ this morlgagap and in the evenl ~aid MORTGAGORS fhail fot any rcawn fail to keep Ihe ~+id premisc~ so lnsvred, or (~i! !o d~liver promp~ly any of •aid poiic~e~ of inwre~ca to ~aid MORTGAGEE, or fail promplly to pay (vlty any premiuni lhereta or In eny ~ tapect (iii b perform, d~scharge, execute, ei(ec~, comptete, comply whh and abida by ~hi~ cevonan!, a any pnrl hereo(, taid MORTGAGEE may pl~c~ and pay (a tuch (n~~roncs ot eny part thereof without walving or etfectl~g any option, tie~r, eqvity, ot ~ight undtr or by vi~tue of Ihis Malgage, s~d Iht full ~movnl oi each and every tuch paymenl thall ba immedietely due and payabla and ihal( bear Interett (rom tho da?e Ihereof un1i1 paid at ~ha rale ot nine pei canlum per a~~um and togelher wilh svch iMerest shall be tecu~ed by Ihe lien of thif mo~tgaga. ~ To permit, tommit or suffer no waste, impairrtxnt ot de?eNorotio~ of •aid propc?ty or +ny p~rl thereof. S. To pay sll and stngular the cash, charges and expsnses, including a reaso~abla sltornay's (ta and costs oF ~bstratts of tille, Incurrod or paid a1 ~ , any tJme 6y ~aid MORTGAGEE, beca~se w in Ihe evanr of the failure on the parl of Ihe seid MORTGAGOR ta duly, promptly •nd fully psriorm, ditcharpa, . ; ~xecuro. e!lecl, tomplete, comply wilfi end abtde by each and avery the stipvlaNan~, agreament~, tondiUon~, and covenanlti oi ~ald promt~tory nota and thi~ rtwrtqage ~ny 6~ ei~her, and ~airl tostx, charget and expanses, each and every, shall be (mmadietely due and payablej whelher ot nof ther~ be notice da ~ ~ mand, auempt to tollecl or iuit pend~ngj and ~ha tuU amoum of each and every tuch payment shall txar tnteresl from Iha dete thtreol unlll p~(d a1 Iht ! raza o( nine pe~ centum per annum; and a!t said cosr:, <harge~ and expenset intutted or pold, togetFur with svth Intereit, ihal! bs secur~d by tM lien of ~hi~ mortysq~. 4 ~ 6. TA~t (a) I~ Ihe event of any breach of tht: Morrgag~ vr defavll on fhe part of the MORTGAGOR, w(b) (n the avent any of ~als! wm~ of mon~y q hareirs referred lo bs nol promptly and fully paid withtn Ihirty (3Qj dayt ntxt efrr~ Ihe same teverally become due a~d pay~bt~, wi~hovf demend or notlce, ~ or (c) tn tM wenf each and every the s~ipulations, agreemente, co~ditions e~d covenante o( ~n;d ~~omissory note snd thii mortgaye ~ny or eilhtr ara nal iuly, promp~ly ?nd futly perfarmed, d~scharged, executed, eitecled, canpleted, complied wilh ead abided by, than in either w any ~uch ~veM 1he ~aid ag~ ~ prepsle wm ment'wned taid promissory note ~hen ~amaMtng unpaid, wi~h In~orest eccr~ed, and all moneyt tecured hereby, ~hall become dw and pay~ ~ +ble tor~hwitft, or iherea(ter, a~ the option of iaid MORTGAGEE, as tvUy and complelely as lf all o( ~he •aId sum? of monay wen aiginally ~Upulalecl t to be paid on tuch dey, anything In said promi~sary nole or tn iht~ Mwlgaye ro the contrary nolwi~hslanding~ and Ihereupon or thercaffer at tM option of t fald MORTGAGfE. withoul notice or demand, suii a~ law or in cquity, ~herefole w fhsreafter begvn, may be prosecuJed a~ li all money~ ~xur~d he~eby hod matvred prior to i1t In~titution: ~ 7. That (n tM ovent that at ths beglnning oi or at any tima pendinfl any wit upon this Mortga9a, or to fo!eclose U, or fo ratorm tt, ot to anforto ( paymem o( any claimt hereunder, said MORiGAGEE ~half apply to the Court having jurisdinion thereoF fot the appointrr~ent of a Recalve~, wch tourt fhall 4. ~ forlhwith appolnl a recelvcr of taid moNgag~-" proper~y aN end sin8ular, (ndud~ng all and tingulsr the intome, profit~, (iwes end rovenveo trom whatavar ~ wurce deriyad, each ~nd every af which, it beinfl expressly undersioed, it hareby mortgaged aa Df specitically so1 forth and deiuibed !n IM qran~iny and Mbandvm clauses herroF, end svth Receive~ shall have ell the broad and eEiectivo funcfion~ and power~ In anywlse ont~u~tad by ~ Courl to a Recelver, and ~ wch sppotnlmenl shall be made 6y such Caurt at en edmftted equtfy ansf a rtwtter of absolute righl to sitd M~RIGAGEF, ared withou! reference to Ih~ ; adeq~acy w Inadequxy o1 the valve of the property mortgaged or to ~he soiventy or insolvency of :aid FAORTGAGOR or the defendantt, ~nd that •uch ~ tents, profiti, Intome, issvas and revenuea shafl ba applied by tuth Recetver according to the Ilen or equity oi s+id MORTGAGEE and ths prattita of. such Coun. ~ 8. To duly, p~omplly ind fully pertorm, discha~ge, execute, efFect, complete, comply wilh and ab3ds by aach ~nd ev~ry the ttlpulationf, ~yreemenl~, ; cwiditkr~ snd covenanto in ta+d pranissory nots and Ihi~ mortgags tet forlh. ~ 9. That In the event the ownership of the mortgaged promitei, w any part thereof, bccomet ve~ted In a psrron ottur ihan tM MARTGAGOR. the 1 ~ MORTGAGEE, tt~ successori and assigm, may, without nolice to tha MORTGAOR, deal wilh •uch :uccessor or wcceisor in infe~e~l with ro(erenca to thli ~ mortgaga and the debt hereby secured in the :ame manner as with Mo?tgagor wi~houl ln sny way vitiatin~ or di~cMrg(ny the AAortyagon' pabllity Mra urtder or ~pon the debt hereby sec~red. No sele oi ~he premiies hereby mortgaged and no fo?bearance on IM p~rl of IM MORiGAGfE a tts tucctssort or ~ssfgni and na exlenston of tho time iw. the payment of !he debt hereby iecured given by Ihe MORTGAGEE or itf iuccessor• a ~utgni, shall opetate ~ Io ralea:a, diuhargs, modify change or-af(ect tha original liability of ~he MORTGAGOR herein, eith~r in wbole or M put. 10. It It specifically agrerd that lime ts of the airnce of this contract and that no waiver of any oblfgallon hanunde~ a? of tM oblly~tion te~ - t ' eursd hereby ~hall at •ny time thereaitet be hcld fo be a wniver of the lerms h8reof ¢r of the (nsuumenf ~c~red.htrby. , ~ 11. In addition to the (orego:ng mon~hty paym~~ti of princ:pal and (roerosf required by the Fromitsory ~ole tecured hareby, mortgagor tovenanfs ~ •nd aflrees to pay to mortgagec wilh cach monthly payment an add,~ional ium estimated by mortgagee to Ge cqual to 1/12 of ths artnval co~t of the follow- . InB: . ~ A-All rasl property taxss levied or assessed against the above descrlbed real astate. ~ , 8-Premiums on fire arx! windstorm insurance as herein requ~red to be carricd on the fmprovementt titwta on the abova descrlbed pt~rrtlies. . ~ C-Premiumf on svth mortgage guaranty insurance at martgagee thal) from t;me to time deem fit to utry on the loan uc~red ht~eby, _ Matgagee ~~all from ~imo to timr no~ify mortgagor in writing of the amo~nt dua and psyible hercunder and tvth ivm th+ll tF?ere~ ~ s p~y~ble on the due date of Ihe next monthly paymenl artd sach suttessive month thereafter until mortgagee shalt notify, mortgagor pf aAtha~ty~~1~ ~~h ~ amwnl, Such sums shall be applied by mortgagee toward the payment of real. property lexet, in~vr~nce premivms, ind morlgayt guaranty intwancs z pramiums. ~ ITNE55 WHE f, the said AiORTGAGOR has hereunto set hls hand and sea) the day and year ftr~f ~foret~id. ~ ig , alad ~d li r in the'presence ofs , _ ~ ~ aQ i ~ F n ~ ' . ~ •n # StATE Of FLORIDA . ~ i S t ~I~IC ~ e ~ • . . ~ CD~~n ~ - ~ ~ ~ ' • ~ 8efort me p~riouwAy appeered Chambliss $QrOe3/ ~ ~ ~ ~O B~~Yln HQ`~`V6~ ht~ wife, to ma w~ll known and known to m~ to bo tM IndwWvati desuib~d !n and who txecwed the far~yoiny instrurr~nt, and ~cknow,ledQed befor~ rrw t}?~t they ~x~suted tFa~ s~ for th~ putpv~es i ~ fr»..~~ .x~.~a, n,,,a rr~ Lof ~-Ann Harva~ f wif~ of ~M t+id _ _ _ ~'i~28fib~,~8S e HaY'V9~ ~ +?Pa? ~ ~+P+r~t~ ~nd ~xiv~t~ > ~ exemination by ma taken teparat• and ~part from he~ said hvsband, acknowtedged to and bsfor~ m~ that sh~ sxecut~d ~td uu~rum.nt fr.e'y W?d votun~ • tarity and wi!hout ~ny compulsiort, torsitretnt, apprchemion, or fear of ot from her taid hu~ nd. ~ WtTNESS my hfnd and oflktsl sssl thii ~1~ th day of A. D. 19.....~2~ ' ~ ~ ; 1~~~~~~~~•~~~~ . _ .~3~~3 ~Z • ~ Notsry Public In erid fa tta~ S~{~ ~ i+1~.y f • r• My Cotnmiisiwl ~xpirta= y~~: ? Return Ta ~~,~~,"~s~r~ ~ ftnt fsdN~t Savlnp~ ~ lwn 1lsaoclation f~~E A p ~ ~ A~;~ ' a~1Qnd ' , Of Fort Pierc~. ~ ~ ~~C ~ ~ • ~ Notary Public Stafe of~r~ia a r• ~ fort Pi~rt~, florida a Q(~'o~ ~1Y M ' Y Cammtsston Expires~ ~;~.24~ ~qt~C ~1 : ~ ~ ' ' ~ Bll~1\ Bonded by American Sure~j~~ ot N. ~ q,• ~ • • • tI ~ 'Y~ _ k; 4 oEc 28 aM lo:~ 30 - ROGF ~ ~~.r~,, ~~''~-~0~ ~f~`.~•''~ ST. R POtTRAS. CtE ' ~~~~e . • ttlClf COUNTI'. FCORIO : ~ : ~ ~t •~'~I ~ ~ . . a . : ~ f • • , . , ~ : • • E ~ : ~ • ~ : W ~i , . ' • . ` ~ ~ • ~ . O.R: ~ s :.ti, j'' - . 8~~;~X ~~AGf 5~7 + ' ~ - 1~ . ' ~ ~ • . ~ t ~ t jF ~xa , . ~ ~