HomeMy WebLinkAbout1943 3. To ptaca and co»linuo~~sly Aeep on the b~i!.fngs nov ot Ferz~iter situ.t~ on s:r..l larid and on aU :•q;,~~inem and pcrionaily <orereJ by ihis morlg.
ag~, wilh .ill ~+tCmivrns Ihc~con p~~d in f~ll, fur IllSVfnnCQ in ~hc uS~~.~l s~~n:i,+id ~.ntic~ fumi, irl a surri d~y)7LJ2tI 6y ihe h1CR1i,~C~FE. and winJiTOr~n
iowrance in thu usual s~a~~clard f:o~:cy fur~n, in a s~~n a~.pruved Uy Ihe htiO~tiGl.GEE, in su<h cnmpany or ornp~n:es as the A10RiGAGEE may
dirett; and all lire aeiJ wlnJstorm insu~ance poEic~.s o:i a~~/ of s~~J buitJ~nys, rny inter~st therein ot part Ihcreo4, in 1'~e aggr~gate su~n oforesaid or
in excess thereof, sha11 contnin IF;e u~wl standaid mortg.~9e~~ c~aus.: or such other ci.~use as Ihe /.1o~tgague nuy reyu~re, iu.king Ihr iou undar sa~J poli-
ties, cach ond ~ve~y, paya~l~ ~o s~iJ ,U:~kIG:1GtE os its inte;;zt may aF:pear, and ea:h .~~~d e~eiy such ~wi,cy el~a~l I:r µromp~ly ass gned a~•d dc;:~•~~~d ~o -
any held,by se'd ~`.IOCfGAGEE as furihar ucu~ity to said morly:~ge dcbt, and, r.et Icss ~han fen (10) days i? ad~.~nce of Ihe expirat~ai o! ezch poGcy, to de-
liver 1o Sa~d A50RfGAGfE .l fc'~1CV:lI lI1~fCOI, to9c!h,r w~th a rrcc~~pt (or Ihe prami~~n of wch fC~1C.Ydlj and tFrre shall be no fire or ~vi~:dsre+~n insurance ,
placed on any of sa~d bu;lddngs, any interest tficrr~n or pa~l 1hc;eoi, u:i!~ss in tl.e form and witi~ the ;oie payable as aforeseid; and in il~e evenl any sum ~
of money betomes ~dY3F)Ip und<< such policy ar ~;ol[c;es s~~d 1.10RiGAGEE ehaU have ~ha opt~on fo recei.e an:l apply th~ s~me un accoun~ o( the indabted•
- n@SS St'CUr~t~ hCrcby Ot t~ pc'rrnit 33~d 1',10RTGAGORS to f~:CivC .lnd uiC it pr ai~y ~~::rt Il~~r~•of fOr c:ii•~r ~:ur~~:,Srs. ~~~~I~:Out lh i.; ~.v.:iv~~~~ Cr i~:,F~.iir-
ing any c_ryu~ty, lien or righl ur.;ler or by viriu~ of Ihis mo:7gage; and in the event ia:d h~1021(iAGORS sl~all .`or any reason iail ro keep ihe :a~d p~m~s~s so
insurcd, or iail to d:-tiv~r nromptly any oF sai~l ~x~l;ties of inwr:nce to sa:d h10R1GAGEE, or foi! p;omutly to pay fuily any prenu~m ~herafor er in any
respecl rail to ~:crform, d~scharge, execut~, el(ect, canp:rt~, co~i:p!y wiih and ab'd~ hy ~h~s covena:it, o: .jny p~rt harcof, said h1URTvi~GEi rnay place ard
pay for such insur~:nte or any prrt it~ercof ~vithoul ~v~iving or a((ecling any o~tion, lien, eryu~ty, or right undcr or bj virtue of this hlor~ga3e, ard the ~
full a~nount of each ar~d e~ary s~ch payn,cn~ s1~311 k:e i~n~ned~a~el~ due a~~d ~~ayab'e and ih.ll b~ar intarrs~ from tha datc thercul until p;id at thc rate ol ~~3. t
nir.e (~er tentu:n F~er aiinum ~nc1 t~~~.thcr ~•:ith su:h int~r.~ct sh.iil he s<~cur~•:) liy~ the I:~n O( this mo:tyage.
4. To pcrrnit, comm~t or suffer no wast~•, i np~lrn•.ent or J_ter~oratior~ of sa~d prcn~::~ or any part ther~of.
5. To pay all and singultr tha cosls, thargei and zxpenses, including a reo3onab!e atlomey's fie and costs of ahstracls of title, inturred or paid at
any time b~ said lAGR1GAG`E, Lecause or in th~~ event of tir fo:iure on tiia part of !h~ s~:d M~RiGAGOR tn duly, pren,ptly and fu~ly per(orm, d~scharge.
rxe<ute, effect, ce~i~ptete, :omply with and ab:de by each and every the stipvlatfons, ayr~amen~s, conJi:ions, and tovenants Oi s~~d pio:nissory note and this
ntortgage any or e~thc~r, ar:d sa d costs, charges ar~d expenses, each a~Kl every, shjl! be im~~;ca~afety dua and payalle; whcther or not there be netice d~-
mand, atternpt fo co.latt or suit pend:ng; and ihe fuU amoun~ of each and every such paymar:t sh31! be~+ interesl from the da~e thereof uNil paid at Ihe
rate of nine per ct•n;un~ ~.~r an,wrn; ane: aif s~id i~.sts, Cf•.dr~t5 a~us rti~rRS!iS intur~cd or ~:a~d, tegether ~•nth such interest, shatl be secured 6y the lien of th~s
, - mortgaga . - -
6. That (a) in the event of any braach o( this 1.'.ortgage or delav:t on the part o! tha A10RTGAGOR, or (61 in the e~•e~t any of sa:d oums of money -
herein referred to be not prdmptly and lully paid ~vi~tu;i th.rty i3J) day> ne.~t a~b~r ihe san~e sevcra!ly L•ecome due and payable, without demand or notice, '
or (c) in the event each anJ every the st~nufat~ons, agreeme~ts, condrtions and covenznts of sa:d promissory nott and th~s mor(gage any or either are not
luly,~promptly and (viiy p~rforenet), d:scturge~+, exetu!ed, eftec~ed, comp!ered, co:~,pi~ed v:~+i~ ard at:~ded tiy, then ~n e~~her o~ any such eveM the said ag-
gre~ata sum memioned in sa~cl promissory nute tiien ren:a~nin~ i~r.paiJ, wi!h inte~c;t a:crucd, and aU moneys secured hercby, shall betome due and pay
ab!e forfhw~th, or th~reafrcr, at tn: eF:t~on of s.~id Al02iGAGEE, as fully anJ .om~~itrety as if aU oi the s3~d sums of money were originally slipvlated
to he pa:d on wch d~y, .~nything in s~:~3 ESro:»;sso:y r.ot.~ cr in th~s lAortga~•~ t~ ~h: contrary nof.vfthstand,~;g; and ~hereupon or thereaher at the optien of
said 1.10RTGAGEE, v.~thout. nct:ce or dem~r,d, s~it st fav: or in ?y.,ity, thcre(o~e or thcreafrer bec~vn,.may be prosetuted as if all moneys secured hareby
had mawred pnor to its institvtion. . • '
7. ?hat in tha event Ihat at the 5egir.it~ng o? or at any ~ime pcnding any su~t u~en th:s 1.'o~tgage, er to foret~ose it, or to reform it, or fo enforte
paymcnt of any ciai::,s hr.rev^der, s~id t.10RTGAGc_ sha'I ,pp1y tu fhe Ccur~ hav~~,g ~~n,d:cr~e~~ fi~e:cof tor the zppointment of a Rece~ve~, such Court shall
Ferthwith appeint a recei~erof s~id mo•igay_d propi•rtr a!1 and =_+ngular, i^.c•.vdrg ~.i! anJ s~nyv.~r the ir.come,_ pro(~ts, issues and revenves trom whatever
sou•cc derived, e.:ch ar.J ?~ery ot ~rh'ch, ~r bc~r:g e.rF~~ess:y u~ders~ced, ~s he-eby n.c~~a.jt3_J as ~i spec~iically s;t forth and deseriUed in the grantin9 and
habend~ni da~~ses hereof, and su:n Rec~•iver shail h~:c a;! th_ b~oad ar.d eifect~ve iunct ons ~n:! pov.e~s jn any«,s.~ emrusted by a Co~~t to a Receiver, and
s~:th appointment sh311 6e made by such C~url as an ad:riitted equity anJ a matter ~~f r6selute r~gM to sa~d A10RTGAGEE, and withcul reference to the
aJequacy o~ ~nadequaty of the vaive of the p:operty mo~taigeci ur !o the sa~ancy or ir,saivency o( said :!ORfGAGOR or the defendants, and that s~ch '
' rrnu, profits, ir,come, issues ar.d revenu~s shafl be app;ied b~ such Receiver ac.ord,cy te the ~ien or equity ot said /.50RiGAGEE and the practice of such ~
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8. To du!y, ~rempt2y and ful!y perferm, d~stharee, exewte, effec!, corr:p!e!e, to~np}~+ with acd abide by each and every the stipulations, agreements, _
condirons and covzna~its +n sa~d eremissor~r ~~ote a~~d ti~;z mor:gage s_t 4artFi.
9. That in tFe evo^t tt:~~ or,r.c~~!~'~. of the „~art~ay_d prc~.~ises, c• z~~y ~art f~~reef. b_~comes vested in a pe~son o~her than -the M~RTGAGOR, the
A'ORTt'iAGEE, its wcceszc~s ..rd as:~z~,s, c~~~, v:~chovr.nee:;e tu si~_ 'LOR7~-s~~n^. dcal ;tian s~~:h successor or successo~ in int~rest ~v~~h referente to this
~ mo~tg3ge ar.d ~1-,e d•~Ut h~rcby s~~o~red in t}~e s3me rna:~ner as v:~•h !.+.~.regegor w~fii~ui in any •.vay vit6aling or d;sthargin~ the /.lortgagors' liabitity here-
- under or cpon !h~ c!~_b~ !~t•r~•~y s,,~:_-~ P~o s~ia of t~,e F•:c,,,:ses h_r~b; r,crtnaned and no fc:L?dfonC2 on the part oi the t.10RTGAGEE or ~ts successors
or assigns and r.o extens~~n of the t~me •':x th± p.yn,ent nE ihe det,t h_re%r; s_cured (~~v[n 6y the MORTGAGEE or its successors or assigns, aiiali operate
ro re;ease, d,scharge, modify char.~e o• a."ece tl:e o~~~ni:~i liau:l;r! of tha .ti',ORIGAGOR here~n, either ir~ wkele or in part.
~ 10. h is spec,:fi:aliy agr,:ed ihat ti~:;_ ]s o: tf:e t:s~rce of tl~;s cot~tract and tnat no waiver of any obSigation hereunder or of the obligatian se-
eured hereby s~a1i at any tic:e !i~~reafte: ha hc'~ to hc a ~.a~.•e: of thc te;ms hereof or oi Ihe iostrument secured herby.
l l. In a:id.r;ci 'o tcc. tor:, ;o ~:•1 ~~;;,•~_nrs of '~,:i:~.: ^3+ ar.d in!,:cs: re~~~ired by the fxom iscry no'e setvrcd hercby, mortgago"r covena~ts
and agrees to Fay !o t?tO:1q3CIG~ v.:ti: z~ach ~z*.o~~r~h;y pi~::.e:u ar. ~d:1;~iG^1I 5um e5!~ma*ed b/ mortyayee to be equal b l,' 12 of the annual cost of the fo~low-
_ ing: - -
- A-r`.i~ rea~ prenerty i~xes :e:ie; or JSS•`iY1(i ~i•:s~ thc aco.c descri~ed real esfate.
5- Fro:~:~.,~:s e,, i~re acd ;:"rosturn= <<~w~s: c•_ _;r. ~ c;~;r~d ro be tarr~~;i cn tiie ir,~~;rovc~ne~fs s~ruate on the above defcri6ed premises.
' C-Pre-:~i;;ms e:~ svch ~ra*r~~ye g.~a~s•.!y ~r.;v~r.~:c~ as rrc~t,Ta;_•__shall i~e:n t"n~e to t~~:e deem fit to carry on the loan secured hereby.
r'ortg~gee s~a:l . cm r. to r;--,n no~i?~ mc: ~~agc- ~n ~•,r~tin3 ot thn .a-.o:, ,t due a~d payab}e hereundar and such sv~~ shatl tt~ereupon be due and
~atiah'e on the d.,e ci.~t-a of tn~ r,at .~:~~t~iy Fa;~~•~:~r an:~ each s::_cessi:e n,o~:th int~teaftcr uc!ii mcrtg3gee sha~l notify mo:tgagor ~f a change in s~ch
~ a•novn~. Su:h sums sh3:l !;e a~._~5ed i;y rn~r~~,; ~c rv:.ard ~h~ payn;~nt of r_at prepcrr~ -taxes, insura~ce pre:n:ums, aud mortgage guaranty insurance
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IN ~JiTNE55 V:NEREOF, sa~d i.1ORiG.+GGR has h-~re~nto se! his hard ar.d s•-ai the day and year first_ aforesaid, ,
, d, Sea!ed and de:iver~d in > p~esercc o`: ~ '
' - fl~ttL. t.~:~ ~:~r 3F.~t~1 _ _,r-~-~- ~-S~'
' - ~ ' ~ ~L•" (Seal) :
~ ~j-~`"~"-1p~':=~k5i~ n evin ar 1!1
f t ~ t' ' _(Seal) i
_ rti._~r,.L~::~i:" ~);;?it
t~-sc- c.~ic ..c.• iSeal]
J ~,,~.ti~.~ C-" =~c..
- - - r~tt['9~,/ _ ' -
!l ~ l-~ - O u ~7'~ lSeal) -
STATE Or FLORIDA - ' ~ ~M ~ ~v ~1~
couc,rr oF _ St Luc ie ~ S5. ~ ~~~7L~C7V
ohn Kevin Harkin
- B~fo:e me persona'iy aPr?r~e~ -----'Z---- - and
Emily Allison_ Harkin_____ _ h;s vrife, to me v:ei! kno~vn ard kr.o::n to me to be
tne i~d~•ridv3!s des:~~:;~d in and ;:ho exe_.,:e:j th~ ferego:r.g ir,s;rument, and acknc,;~,edoed b~fo:e me that th=y exetuted the s3me for the purposes
therein expressed. And t~,e s~id_____ Emily Allison Harkin -
.~:r~ or ~r,Q sa;a _ John Kevin Narkin '
- vpon a separate and private ;
. esam~nat:on by me ta~cen separate er.d apdit from her said hvsba~d, ack~ovr'edged !o and before me that shs Qxecufed said inetrument freely and volun-
tori~y and wftE~out any compuiSiOn, consttaint, apprchens:c~, o: fear of 8r from her said husband.
Y~ITr~ESS my hard ard offic~al seal sh;s_- 16th d;y o( Mdy ~ A. D. 1975 -
~ - .
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, Notary Pub!it i- /a~d ~oj- the State of Florida ai large " .
!hy Commissia~expifgS: ;
Resurn To: +
~1cta.ry f'~,1:~ $'ate ef s~r'da a: Lorgo S
First Federal Savir.~s 8 loan ;ssociat:on _ .
G; fort P:_-rc^. Aij Cta:••.::<•on i•rr~; Jc',- Z~, 1977
Fort Pi.,:~e. F~o.*:d3 ~T'~''J -n_a'i L~.u::J:~ Co. #
- _ - . ~t " : ~
7his Insirumeht Prepared 8y Gary F. Ell~too~' ~ '
First Federal Savings 8~ Loan Associaiion ~
- of Fort Pierce-, Florida _ •~1 _ - ~ ~ ,
Checked By 0 R r~ e~ _ =r. i v.
6QOK ~J9 PAGE~~J7 - ~
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