HomeMy WebLinkAbout1272 3. io p!etr and cominuo~~31y ke-:p on tt~~ bui'cGr~~s ncw or F:rcaftcr ~ituefe cn Sr,~1 ~~~~~1 and on aN CC~U1~1:11t~1~ and pe~so,:~liy covercJ by this mo~Ig.
ege. w~!h A!1 p~emiums :h~reor~ p~:d ~n iu!„ hra ins~r~~~cr ~n liia us:~I stanci:,ru ~wfry form, in a sum .~{,~~roved by Ih~ h~f~RIVAGEt. and windstcrm
_ insuraiur i~i tha ~a~al st.,r~ci.~~d pol.ty fo~rr~, in a:um spp+uved by the A~ORiG~GEE, in iuch company or compjnief as ?hc tl~ORiGnGEE may
di~Ctl; an•1 all (i!e s:~:! ~•:iads:orm insurancc F:~!~c~es o:ti a~v~ oi s~~d i~i,itd.n~s. a~~y int~rral the~ein ur ~?AH Ilt~li`OS, in IFe aygregatz sum aforE,aid o~
in eRCrss ihereof, sl~~!1 :ontain ~he ususl ~~o~;da;d moit~jg~e c~x~ea er such o'her tl~.,sr as liir Alo~tqagao may requ,r9, maAir~g Ih~ loa: cnJrr sa~d poli• i
tiet, eath and ~vc~y, }ld'ldV'e te saiJ \10RiGAGtf as ~ts in;~•:zit n~sr ap{:c~r, a~~d .:ach ar:d e:ury si,:h {.i~c/ shall l~e prorn~~tly .ssg~~ed anti dziivured to
eny hetd b~ saiJ i.IO~,IG4GfE rs funher ~ewr~ty ro s~~d n;o:t9~gr de6r, a~~J. nat lrss t}~an Ic~i 1141 dey: i~~ aJ:~~~ca o( 11.z expirat~o~~ oE cach policy. to de• t.:~•"
tiver to sa~d A10R(GAG! E a renewal 1f~errof, tonrcher Nith a rece~p! in; thc p~e•nium of svch rene,v~l; and thcrr ihrll bo no iire ~r windvo~~~~ insurantu
placed on any ot saitl bvitd~n9s. any intar.st thcre~n or part t!~arcaf, unic~s ~n ~i:c f~rm and ~n•~fh Ifie toss ~ayaL?e as .jforesaid; and in thc everit any sum
of money becoa:es p~y~b:e ~nder s~ch poficy or poLcies s~~d 1110R1GAvEE tihall 6ave ihe opt~on to rece~ve and apply tha eame on acto~nt of Ihe ir.dabted•
r1C35 sec~red hereb~ M ro permi~. saiJ 1.50R1rAGOR$ It, tzicivo ~nd us0 it o~ ~~~y par~ ti~•_:eof Ic;r othcr ~.~rtotrs, w~~hcus th:n i~: ~tiaw~n~ o~ unp~~r-
i~ any equ~ty, Gen or ri:~ht uodcr or by virtu~ of this ma:lc~agc; a~~d in the eve~t sa'.d A'10~2It,AGORS shall io~ any ~cason (ai1 to kcep ~he saia premisee so ~ t
tn~urrd, or fail lo d:'ivc~ prompfly any of said policics oF ~nsurance 1o s~id 1.10~:TGAGt[, cr i~i~ promplly to pjy fuliy nny pre~~~~~m thereior o~ ~n any <<<
resprc+ (ail to perform, d,ach~+9e, axrtvtr~, efiect, co:~~E,`ete, compiy v.~th and ab~de by th~s coven~~~1, or any pari hereol, srid MnRTGr+GEE r~iay ptace and
pay fo~ s~ch insur.~rtce or any part thereo( ~rithour v:aiv~na or ~fFec!Ing an~ Op~~~n, ~ien, equ~ty, or ri~Fd unJer or by vlrtue of ~his A!atgaqe, ar.d the ~
futl a~n~vnt ol each and evcry such peyinent shall I,ti in•n;ediately d::e 3nd payjb'e and shall bear interesi frorn Iha data th~~coF until poid at the r~te ot
i~ine par centune s~rr s•~nu:i, ond to~_:f;ar ~tii~h suci~ :~~~eri•st ~!,a!i t~e s,`eUrcd by fhr {'~en o4 th~s ~non9a~~.
d. To p@f~nil, commit or :uffer ro viasre, impalrmer; or de~:riorati~~~ ut ea+d prcpe~ty or sny parl tfiereef. _
5. To pay all a~J singt~lar the ca:rs, char~es and eYpensrs, in.lud~ng a re3sonab!e atrorney's (ee a~d costs of abst~acts of titte, i~curred or paid as
' any fi~r.e by said h!ORIGAG:f, beca~sc or ;n the ~-ve~t of the fa;lur~ on !he p3r~ o~ tha said 1dORTGAGOR to du~y, promptiy and (ul~y periorm, d~icharge,
eYC.vte, 8ifect, complete, co~lpty w~eh and ab:dz by exfi and c~ery ~tir stipul~t~ons, agreeme~~t:, condiliens, and covenants oi said pro~»is:ory note and ~his
n:ortgage any or e~~hcr, anJ sa:d costs, iha~ges ecd ex}:enses, ea:h and avery, shail ue inunedialely due and paytbfe; whe~hcr or ~ot thcre be not~te de~
mand, alte~npt to coilect or sui~ pe~~d~ng; snd N~a full amount of each ar.d e:ery wch paymer,t shal! bea~ interes~ (rom the date thrreof until paid at the
, ~ate oi nine per centcm p~r an~w.», and ~~I said cos~s, c'r~ar~~s and ex,:ans~s incurred or pa~d, tog~ther w~th su:h interrst, sha4{ be tiec~~cd by ~he {ian of th:~
morfgac~c. c
6- 7hat (a) in the e•rent of a:~y brcach of Ihis hlc+tgaga or if ~fau't on tl~~ p3rt of the A'.QRTGAGOR, or (E) in the eve~~t any of soid sums of money
hetein re(eirrd to 6_ rot pr.n~p:ly and tully p~id vri~h;n tfiiriy (?0) days ne~t aT1er thc same seve~a!iy"become d~e and payaLle, without demand or no~ice,
- or (c) in thr even? each snd evcry tha stipvlat~ons, agrer+~eNs, co~,d~t;ons anJ cuvena~its of sr:d promissory note and th~s mortgage any o._either are no1
' ~uty, pro~T~pliy and i~i~y p,rtu~~~ed, d s:t:ar~ed e:e:vred, e~fec~rd. ce:npt~-hd, tem}-i rd w~th ~nd ab:ded by, then in eithcr or any wch e.•eM ~he 3aid ag-
gregata sum mentianed in Sa~d j.~omissury ner~ than rema~ni~tiq ur.paiJ, w~th intere;t accr.,.d, and a'S si:oneys gecured heteby, s1~a~1 become due and pay
ab:e iorlh~v~th, or tf:ereaftar, at tha op~~o~ c! ia.•a 1.~•~21GAGEE, ~s fu:iy ar~;l eomy:e~clp as if all af the 53~d svms of money were or~ginally alipulated .
tu ba pa:d u~~ svci~ cisy, ~nything i„ 56 d E:IG:A~SSGrj rot~ er i~, ~h7s 1.1o~iga:~_~ ro ~h~, co:~rrary nohv~thsta~;d~ng; ~r.d thereu~on or thereaftcr at rfie option of
snid MORTGAGEE, v:i;l;ovt nocice c~ dc+r.~a~d, suit at 'taw ct in equ~ty, ~h_reiure or tt:rrealter bogun, may be prosecuted as if all moneys secured hereby
_ - had m~~ured pnor lo ~ts ~nstitut~on. , . ~ . _
~ 7, 7i~st in ~the ev~r•t-rhat at the Eo9inning ci or at an~ t;~,:~ ~end~n9 any uF•on th~s Mo~~gage, or to•foreclose it, or to reiorm i~, ar Io enforce
payment of any d3::ns hereund.~r, s3~d ~.10CTGAG~c sF~ai! ct~ply to tt;e Cuur~ l~a:;~~~ j"~:sc! ci~en +6erco4 fu~ the appo~ntmeN of a Receiver, such Co~rt shalt
Forth~vith zppc•~r.I ~ re:e~ver of said mcrtGayecl ~,ro,.:~ty .:1 and sin~u:ar, ir.rv~ ng , a~~d s~ng~~ar ~i,e income. p~o(~ts, issues ar.d ~evCnues irom wfiatever
sourca deriv~~_1, e:cn anc~ e•~cr~ ci .~Si:cti, i~ b-~~ng e.cp:iss:y unde~srcou, ;s hrrco> » ort~-~_~J as if spec~fica:ly SN iar~h and destribed in th~ granting and
haber,dvm c~avsrs F.e:eof, and SuCh ReC~ivC: SF:al1 Fa~•~• a1! the b:oad ar.~l ef(e:~~v~ fcr,_2 ens ard powers in any~v~ie entru3ted by a Covr1 to a Receiver, and ~
such appoi~tme:~~ sha.'1 be rnade by suth Cou~! as an a~mitted equ~ty and a n.3ttcr ot r;.so'ute right to-said h10RTGAGEf, and withcul re(erent~ to the
adequacy or inadequacy of !he ra:uc ni thc p~e; cr~y mof~ga,ed o~ ta u,-a s-.~.ti~ncy ar ;r.:o:v~ncy of sa~d l.`.ORiGAGOR w the defendants, and ~hat such
ren~s, profi?s, income, issvas and rever.ues shatt 6e appi~ed by such Receiver .i:crd;~~g ~o tFe lien or equit/ of said h40f'TGAGEE and tti= praUice of such
Co~ rl. ~
8. To 3ufy, prcr. ptf; and Fu4fy Her`or.~~, dSsc},arge, rxecure, e~fec~, con~plete, comply w~th and abide by eaLh and every the stipulations, agreements, _
eondit~~ns anJ tovenants ~in said prom~ssory no!e ai,d th~s ~~or:ga3e set tonh. - ' ' _ '
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9. T'r.as in th_ ~~c~~t the av.nersh~~ oi the ~r:octg~ged pren:;ses, cr an,i part tncreo~. Eecomes vested in a Qerson other tha~ the ~~IORiGAGOR, the '
h`.ORiGRG~~, i~s w:c~sscrs o':il ,915•~~1>, n::~y; ,;ritlwut r.otir~ to : ;,vRTGAJ~, d~al :.i:h such successor or successor i~ in~erest wilh reference to this ~
mo~tya~e ar•d ihe cicut t:~reby s_curel i~ tne sam~ m.e:~r,er as •xit4, t~tort:~agar v:+thout in anl way vit;ating or d~scharg~ng ihe Mortgagors' liability her~ -
. ur,4cr or upen vh., dri:~ i,creh f s>curcd_ t:u e.'c of thc p~er~~ses her_•b; n:~crtgagad ard no forbearance on t6e part of the /~50RTGAGEE or its suttessors
- or as~;~rs and no ex~er.a:o,~ ot ihe t;.rt~z fo~ rhe r>~r+-rm of !F:e ~:ebf h^rrt;f s_currd g::en by th~ !.',ORIGAGEE or rts soccessors or ass:9ns, shall operate
to re!eas~, d:sch~-g•r, mcd~fy :hsnge or afl~ct the or~g:n.~E titb!:t~ of the h'.ORiGAGOk fierein, either in whole or in part.
10. It is scec~ficsl! f agreeci thet tl~n~ ~s of thu ess•.:~ce of th~s co•:tract ano that no waiver ~f any o6ligateon hereundes or of the obligation se-
eured h~reby si:afi at ar~y tin,e rh_rea(ter 6e he!d ro b_ a v:aiver of the !erms hereai or o~ fhe irusru:nenl sec~red herby. .
11. In .,ti:i.t:o~ 'o t%~e lo:eg~'n.~ n.~n+'r~?y pay~n-:^tz of ~;•f~ c ~.a1 rrd i~ti::rc;~ ~equ~red Ly the promissor!-''o'e se~ured her26~, martgagor cuvena~ts
and a~rees to ,,~y !o r:o-'g~1~e f::ih e~ci, ~:.c~~!t;!i f•.ii:~.e~:: an ecl; -io~='. svm _st;.•;j~ed b~ ~~a~gagee to be equa~ to 1 j 12 oi the annual cost of th~ foltow-
ing: - t
A-All r~a_ p:roperty taxes Iene;.' o~ ass^_S5;(I ay~i st th~: abova desc~~~ed real e:rate. - ~ ' '
S-Pr:l.w-:~s on i~•e ar.d .v~:~dsto::n irisuraace as +~crin r_yu;red to c~ ca:ncd en the im~roveme~ts situate on the above described premises. f
t C-Pre~:~~!~-.s o:. s:.h ~.^•~rt~,,gr gu~ra.~si irsu-a~.ce a; rno~tyacee s~~ati f:c:r t~ne ro tirn.: decm {it to catry ert ttie !oan secured he:eby. }
s~a'.`: f•c^: ti to e.~o~<'i f rr.o~r ~~g,;r ~n i:~it;r.3 oi she ;~.~::nt d.:•~ ~cd a ab.e r and such svm sh~il therev n be due snd
- - R'.ori3 P Y ~ heteunde Po i
~ ,c~t:::r e:a;;~:~;it and e;;f~ sv:ccssYe :ro~~th t~cre~f~_r ur,til mcrtgagee sha!~ nos;fy mortgagor of a change in wch `
. . ~~yd.,:u pn 1{7_ C?'_ Ot n•:+ti _ r
aa:ouvt. S-_ch s~:ms s4.a:i Le app'~c~f i~'/ r.}_r~cjBj?c 3o::ar~ t~:e pa;:ne~~ of re3i property faxes, insura~ce prem:ums, and mortgaga guaraMy inwrance i
j
~:en~iunt5. - - ~ - . " -
; - li~ \'i1iP:.~.~5 '.iH~R_df, th~ sa<d 1:,QRTGnGOR has h:reu•.to sef his har.d and s~a1 the day and year first aforesaid.
5igr~ed, Seated and de~iverzd in ~+e pr=~ance of: _ - - ' ~~~/'"""''R.~af~-
. - ~ ' _ r . ~°~l _ t~a~,
- -rr~ o n a~s-'rr~a~ r~i-~n
- - - ~~f~ / cs~aq
- _ - ttBe-~-'x-~-a.e~e ~aq :
- ~ (Sea!)
STATE OF f10RlOA - ~ - j
St. LueYe ~ -
courarv o~ ~
B^fGtr m.e perso~a:i•~ a;:p:a~ed _ ~~~~nd CharZ~S ThOL'rilllS5e1'1 _ and
Kathleen J._T~IOC'TIriISS~ii _ h~s wife, ta me u~ztl knovrn and knawn to me to be
1he i.d+vidua~s d~scribed ic~ a~d v:ti:o execut~d :he foregoing instrument, and ackno.v;edyed before me that they execvted the same for t6e purposes ~
- Kathleen J. Thoennissen _-.y~- ~ '
there~n expressed. find ihe said-.---._'_-_~ .~..~~~rs;~; }
vrife of_the sa;a __~-__-_Raymonci Charles Thoennissen ,,;,o„ a separa!g'jand,~pPrvatr
exam+nat:on by me tate~ s~pa+ate ar.d spart Srem her saiJ hvsbar:d, atknowledged to and before me that she exe.cvted said inst~umenTjfj.~ely,an`d ~iotun•
tari~y and w~rl:out any conaulsicn, Cons~rairt, ap~reheris:on, or fea: of ar irom her sa~d h:.sband. - :~._~J.°;~'~~~ •
9th ,ya , 75 -
~'JITNESS my hand and offic~al seal ~h"s_-__,___~______ d~y of_ ----,~:--~--r ~•1 j4 ~ -
- v ~ - C~t1,~~-=~ ~ ~ _ ~ , .
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- ~ Motary P~blic in and for the State oi.flbrlda~ef Large'
' • - My Commissio~ expires: - . _ ~'r,y • - -
Re;um To: _ t:c~i.::-r i.- . , : ~ c: ~ v_t:
. -First F<d•~ral Savir~y^s 3 Loan Associat:on Cc.r.ae;;:.u i,;; r:i`h,:r~i 14, 35:;9 ~
. Of Fo:t P~ert~. _ ' _ • ~ • , ' , -
$ondsu o/ .1~rt_n:an f~ro Gasvni!/ Co. ~ j
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Forf Pierce. Fiorida _ _ 79 - f•-
~ ~ F1lED ~K~ ~ECORGED
7h'ss {r~strument Prepared 8y 3. ilal Roberts,3r. ST_LlfCt: iOURTT FIA.. , ~ _ ~
ROGE~ ?GliRAS 1~ ~
First Federa! Savings 8~ Laan Association CC-P.?, C: ~;U~T COURT t
of Fort Pierce~ F2orida 33~5~ RE~G~'= .'Er~~~tEtt~z~ _
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- Checked 8y ~A~ 3 39 H' ~
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