HomeMy WebLinkAbout1717 3. To p?ace and cor4inuously keep on 1he 6uitdings no.v or Ferrafte~ sif~,ate on s3id iand and on all equipmcr~t ar.d personally tovared by Ihis mo~lg•
ega, wilh all premiums thcreon pa:d in ful~, f~r~ insuranca in iha ~sual e:a~ti-lard po!3cy io'm, in a sum apNro+cd by the 1~tOkiGAGEE, ard windstorm
Insur~nce in ~he~uwal s~~ndard poGcy fonn, in a sum approvad by Iha MORIGAGEE; in suth conipany or cumpanies as ~he h10R(GAGEE may
direcl, and all lire and winJstonn,in~vra~ce Ewlicirs on any of s~iJ bui!d~n~;t, any inicrast therein or part ~hcreo(, in the aggreyatt sum aioresaid or
in excess thereo(, th~;t ;ontain ih~ us~a! s~andard morty~gee clausa ar such othe~ d~uee as the hlor~yegea may ~eyu~re, mal.iny the loss undar s~~d poli-
tie~, each and eveiy, payab!e to sa~d MJRTGAGEE as its inlaresl mty appear, ac~d each and every svch ~~o~ity ~hail ba promp~ty ass gr;ed and de~ivc.~cd ro
any held by said I.IORiGAGEE as fu•lh.~: securily to saic! mortya9e d~bt, anJ, not less than ten (10) deys in a~Jvance oi the expiration of each pol~cy, to d~-
liver ro said A10RTGAGEE a te~~ev:al thereof, toge~har wi~h a rcc~~~~» (o• thr prarni~m of such tenew~l; and there shall k:e no i~rC or WindS~orm insurante
pleced on any of said b~ild~ngs, a~y intcrest therein or par~ thereof, unless in th~ icrm and with tha lose payable as a{oresaiJ; ard in tlie event any sum
of money becomes payable undtr such polity o~ policies saiJ A10R:~AGEE sh~tl have thu optiun to recei're and apply tho same on atcount of Ihe indebted~
n3ss secured hereby or fo perm~t s~iJ 1110RTGAGOFS ~o recaive a~d ~so it er eny ra~I thereoi tor orii~v pur~+oscs, ::i~hou~ ~h:.il~; v~a~vi.+:~ ur ~n~pzir•
ing any equity, licn or tight u~xler o: by virtue of this morfgagc; and in the evenl sa~d MORIGAGORS shafl tor a:~y ~eason fail lo keep the said prem~ses so
insured, or (ail to dcliver promplly any ol said poldties oi insurance to said I.10RTGAGEE, or (ail prpmptly lo pay fully any premiurn therefor or in any
respact ~ail to p=rform, discharge, execu~e, rfi~ct, comp!ete, co:nply wiih an~ ab~de by ?his covenant, or any part hrreof, said MORTGAGEE may place and
pay (or sucn inswance or ar.y pa~t thcreoi wiiF.oul waiving or a(fetlin~ aity option, :ien, equit~•, or ri~F,t undar or by virtue of this A1erlgage, and the
- full amouM of cath and every such pay~nc~t shall be immcdiatel~+ -due and payable anJ shall brar interest ircrn the dat~ thercol until ps~d at thg rate ot • ~
nlne per cen~um per annu~» and to~r~her wi~h such i~:tcrest shali 1~.~ s<iured by the lien ~.f ihis mortgaga. _ '
4. To permit, commit or- suffer no ~vaste, irnpairment or deterioration of said property or any part Ihareof.
_ 5. To pay atl and singular the cosls, charges and exExnses, including a reasonab!o attorney's fee and cosls of abslracts of title, incurred or paid at
any ti~r,e by said h10RTGAGfF, becau~e ot in Ihe eveM of ~ha foi;ure on tita part oi the said 1.1ORiGAGOR ro duty, promptiy and fulty pe~{orm, discharge,
execvte, eHett, complete, comply with and ab:da by each and every lhe stipulat~ons, agreements, condi~ions, and covcnaNS of said promisso~y note and this
martgage any or either, and aa:d costs, charges and expenses, each and every, shall be immediately dua and payable; whe!her or not there be ~otice da
mand, attempt to cof~ect or suit pe:~d~ng; ar.d the (ull amount of each and eti'ery such paymeM shall bear intorest irom the date thereoi until paid at the
rate O~ n~n@ per c_nw~t~ per am~um; a~:d ail said costs, ciiarc~es and cxpei:ses inwrred er paid, fogether ~vdh such interest, shalt be secured by the lien of th~i
. morfgage.
6. That (a} in the eveM of any breach of this hlortgage or dcr:t•~~ on she part ef the MORTGAGOR, or (b) in the event any o( sa~d svms of money _
herein referred ~o be no1 premptly and }ully paid wi~hin th~rty (30) days next after the same severafly become due and payable, without demand or n~tice,
cr ;c) in tht evant each and every ~he sNpulations, agreements, cond~t~ons and coveoants of satd premisswy note and th~s mo~tgage any or ei~her a?e not
july, prompNy and iully performed, d s;hsrc~ed, exetuted, effected, comp;eted, tomplied ~v~th and aL~ded ~ay, then in either or any such eveM the said ag•
~rcgate sum memioned in said prornisso~y note then remaining unpaid, ~vith interest acuucd, and all mo:~cys secured hereby, shall betome due and pay-
abte forth~vith, or thereattcr, at :he cpri~n of sa~d ~ti10RTGAGEE, as fuil j and camptatety as if atl pf if,r sa~d sums of money were ong~nally s?Ipulated
to be paid on svch day, anything in sj'cl prom;ssery note or in this 1.1o~tya9e to Ihe conuary notri+thstanding; and therevpon or thereafter at the option of
_ said MORTGAGfE, w~tFout notice or demand, s~it at law or in equ~ty, therefore or thereaiter begun, may be prosecuted as if all moneys secvred heteby
had matured prwr to 1ts insGfut~on. ' -
7. That in the ev~nt Iha1 at tne beginn?ng of or at any time pending any su;t upo~ this Mortgage, or to foreclose it, or to reform it, or to enforce
. payment o( r.ny claims he~eunder, said h104TGAG~E sha'I apply to Ihe Couri havir.y jwisd:dion thcreof for the appo~ntmero of a Receiver, such Court shaN
forthwith appoint a re.c:•.er o1 s~~d mortya~ed property all and singular, i~ctutl~ng aIl and sin~u!ar Ihe income, profits; issues ar.d revenves from whatevet
s~~rce derived, each and evcry oE w}cch, i~ being •~~pressly.understoocl, is hereby a~ortgaged 3s if spec~fitaily se~ fer~h and destritwd in the graming and
habendum ctauses herrol, ard wch Rece~r•er shall have all ihe broad and efiective funcnons and povfers in anywise emrusted by a Court to a Receiver, and
suth appointmcnt shall he madc by suth Cour~ as an admitted equity snd a n:attet of abso~~~e righl fo said f~10RTGAGEE, and withcut reference to the
~ adcqu;;cy or inadequacy of tF.e ~•alua of th: proprrly mortgaged or to the so:venc~ or insotvency of said RIIORTGAGOR o~ tt.e defendaMS, and th@t_SUCh
rents, profits, in.ome, issve: and revenues shait b~ appl:ed by such Ret~~iver accord~ng to the lien or equity of said /~10RiGAGEE and the praUice oi such
Court. ` _ - •
8. To d~ty, prompt~y and fully perform, d~scnarge, execute, effect, complete, compty wiih and abide by each and every the stipulatio~s, agreemenis,
conditiens and co:enants ~n ssid promissory note and tn~s mortgage set foith.
9. That +n tne e~•ent th~ o•xnersni~ of the r.~ortya~et~ pt: r•iscs, or any part therao(, becornes vested. in a ptrson otS~er than the Jt10RTGAGOR, the
A!ORTGAGFE, hs w:cessars ar,d a:s:gns, m~y, a,+i;no~~t no~~o~ to ~n_• ;SOQ'Ci+OK, deal .vi;h such iuccessor or succes:or in interest with ~eference to this
~ mortqage a~,d the de6t hereby secured in the same n;a:inc~ as ~vrth 1.':or.y:agor v:lthou~ in any ~vay vitiating or discharging the 1.lortgagors' liability here-
. ur.der or upcn t}:<~ d:Lt 1~_re!y se:urcd. ~:o s~'e cf t!:_ F:e:t:isas F_;~~; ~r,ortg=~ed ard r.o forbezrar.te on the part of the"1J10RTGAGEE or its successors
, or asvg~s ~rd no eztension oF rne tim_ fo~ thc p~~•ment oi ;he debf t;e:eLy secwed given by fhe MORTGAGE£ or its successors ot assigns, shall operate
to re'eese, d~scharge, mcdify cF.ar,ge o: a~fect tF:e orig~nal iiaL;J;ty oi the /:ORIGAGOR fierein, either in whole or in parf. ~
10. It is spec~f:_a~1y agr~:ed thar Y,ne is of the esser.ce of tl is contract and tt,at no waiver of any obi~qat~on hereunder or of the obligalion sN
# cured hareby shal: at any ti+nc thereafter ba held to be a.vai~er oi the terms hercvi or of the instrumeM secureti herby.
11. In a:icl:t:o~ b tF:e (o:e~o'ng ~rontl~'.y ~:a~menTS ef pr:rc, a1 ar.~ ~:~rerest requ;red 'uy the prom~ssory no!e secu~ed hcreby, murtgagor eovenants
and agrees to pay ro r~o'tg3c_e vr:h eath ~non+nir p~y:.,er.t ~n add:r~c~~at svm esri~r:;;ed by mortgagee to be eGuat to 1; 12 of thr annval cost of the foflow-
_ ing_ - - _
A-ia!I real prcpeny tares ~?v~ec: o+ assesseci aua~ui IF~e acovc descr+~ed raai estate. -
- - $-Frc:r:o :~s o? ~:r~a and .•~ir,d;to•:n ins~'~y~.t_ ~5 fecrcin r~~qv;red to b~ ca~:~~-d c~t tne ;n,provements situate on thc above d_scribed ptemis05.
' C-Prerriv~~s on such rr.ortgage gua~air~ ir,s~~rar,~e as ~~~c•rgagee sh3i1 frcm ta:e !o time deem fiY to carry on the loan secu~ed hereby.
1.!.o:tg~gee sha:; :~mc to ~~~-~e nc~ify mertgagor n writ:ng of The a~: o.•n! dve and payable hereund>r and such sum sha11 thereupon be due and
payab!e on tfe_ d:,e dar~ of ~h~ r:~xt n-cnt%::y pay*ner:! and e~ch svccessi~e mo~th thereafier unli! morfga~ee sha!~ notify mortoagor of a change in such
amount. Such surns sFaii i:e apT.!~ed by rnorsgagre !o::ard ti:e pa,n:ent of real properiy iaxes, insurance prem:vms, a,~d mortgage gi+3ranty ins~rance
_ premiums. - - -
' IN VJITAJESS ViHFRtOF, the sa~d r.;~RTCAGOR has h~reu~to set h~s hand and seel the day an~r first aforesaid_
Signed, Sealed and de'ivered in the presente of: ,~~j
~ - ~ . C-~ -
~i~rC,L-1>sC"_~/- ~~~L"~ (Seal)
? ~ Edmund '+t Radke Seat)
_ ' _ ~
~~-t~c~ 7// t5eal)
~ ' Dori s At. R:~dke - ~seaq .
STATE OP FLORIDA ~ .
: St . LUCle S5. - .
_ cour~rr oF _ -
8efcre me personai~y a~peered -i---(~~'_Un~_ • _ ~3 ~''{e _ _ and
_ _ _ nOT 1 S . Radke his vrife, to me ~ve!1 kno.vn and kno•.vn to me te be
_ thr individua!s describ_d in znd :.ho exet~ted th.~ ieregoing instrumer.t, ar.d acknow:edged befo;e me that thty executed the sa:.~e for the Furposes
therein er.pressed. Ard the s~~d_
B~r i s-~Z . R$CjiiP. _
wife of the sa;d ~L~IAi1D_[L ~1~B~~kL _ , ~FOn a separate and private
exam~nation by me taken se~arate and apart from her said husband, ackr.owledged to and before me that she executed said instrument freely and volun- i
r tarily and w~fhovt any' campv~zion, constrai~t, appre6enron, or fea: of er from her said husband. !
?1/1Tt~E5S my-hand ar:d offida! seat this_-~ day of "a~ 3 A. D. 19 ~ 75
? .~d~ ~
Notary Public in and i the te of rida at Large -
` h1y Commission expires: -
Retum To: l~-
First Federal ~avings b loan Associat~on
Of fort P~e:ce. ~ ~4{; T.tCi1}~4f0 : ~
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fort Pi~rce. Flo;~d3 $T.L~~}~ii !:•~L?~TY F~A.. ~ '
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_ ClEi:r.i~:vti;T ~ s ~
yF~i' 1f A ~ i
- fst(;f~F . ? ~+y Y, ~ "
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This Instrument Prepared By John !ti', Colli~~ ~C 12~~ ~5 : -~i-,,,~:.,; ~ ~
First Federal Savings 8~ Loan Association 0 "•-A"~ _
. .y,.
- of For# Pierce , Florida _ = _
- ~4t~214 ~ - ~ ~ , .
.
Checked By ~ ' ~ ~
r~ - j s
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~ a°ao~~~ eACE~713 ~ ~ - - - ~
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