HomeMy WebLinkAbout1034 _ 3. To placr anJ <un~~r.up~sly Accp en tl~a F.~i!cl~.ins no.v c~r f~r~eai~ar s~t~,s!~ a~~ s.r:i IanJ a~u! on al? cqu~pmcnl and personslly co.e~cJ by this mo~tg•
aga. wilh al! preniiums ~i;eieon J~n iuil, }r.i• i•:s~~.s::cr ~n Iha usv~l ~tar:~~~J ~ o~icy iCrm, i~ a s~~m appru.ed by ~hu MnR~GAGI E. and wind~lorm
iniurance in tha usual st~~idard pol.t~ fo~~n, in a eum ap{'.tuve:l I+y Ihr f,1vRfGAGEE, in such :omF~any or companies as Ihr h,OkiGAGEE may ~
d~recr, and all fire and .v~ndstor~~~ i~~su~a~~co ~:ot;c~~•s on a-~y of si~d b~id~r~gs, any ~nrereii ~hercin or par~ ;h~reof, in thz agqrrgaia wm atoresaid or
in excess ~hrreof, s~~a11 ;onT.+in ti~e usu•~I s~..~~d:,«i n~ur!~.iqea c+:usc or such ~~~har c;3~~e as the h~u~t9a~ee n•.ay ~equ~re, mak~ng 11w ~oss unde+ si;cl pnli•
~ (iCS. idCfl df1.~ ~YCfY. {'~~r~ti1~ fA Sai(~ i.~,~~k1v:1ClL .:~1 ~ta i~~i~r~`SI rt..iy d~)~>~~f, .1~'.t~ i•~C1~ .!:~.C) C~Cr~~ SUCh ~.J!:Cj Sf»~I ~~f (7~Oni~~lly riT~•~.~'ti 1~~C~ C~Clivi(~(~ 1p .
. any held !~y sa~d 1,10RIGaGeE as furrhrr sr~vr~r~ ~o sa,d ~norrg3~e d~~Gi, ar.J, not :~ss ihan ten t'•Ql d,ys i:~ adva~uc of rhe e~piraNo~i of eaci~ pot~cY, to cl::• .
liver lo sa~d A10RiG+1C•EE a renc~~a! thcr~oi, toyo~h~~r ~ti~ith a rrcr~E~t io~ th~ prr~ni~xn oi such ~~nc,ti;l; anci thcre sha!1 b: no f~re o+ ~vi~~dsto•m iniuran;e
, plated on any of s~~ci bvild~nyi, any interest there~n or pa~t ti~ere:,f, ~,:,".rss in the tonu and n~~h Ih~ Ic.~s p,iyable as atoresaid; ar.d in fhe e:ant any sum
of mon~y becornes payabie vnder s~c'~ Nolicy or pol~cics s.i~d /.IOnTGAGiE ihail havo iha optwn to recaivi• aiid apply tha s~imc on acto~nl o( the i~idebteJ
~ f1C31 SCC~f.~(~ ftc'(Cb)' CI ID }?ctt~lit 5.1~(~ :~SURiGAGURS 10 f~:C<'~~~~ O~t~ VSC iI J! yii/ ~~.~rt ~f~?:~';~~ for (~:i~~•r ~~~i'.~;Sa~S, ~::~lit'vii~ Ifl:+~c~; .Y:~~.i~~) CI i+i~p~ir-
ing ~ny eqv~~y, I~en ot r~gt.f unde~ or by virlue of thls ~r~o^ga9e; ard in the event sa~d ,titiO~iGAGORS snall ic~ any rrason fail to keep the sa~il pr~m~s.s sp •
~ ineurcd, or (.~il t~~ d:!~v.:r ~:rcn~;,Ny an~• cf s~id po'.cics o( insur;ncc to s~'d A10R1GAGLF, cr i~il pro~i~ptly to p~y (ulty any prcmivm thcr~fer or in any t:
' resped ~a~l tc~ ; er(r~nn, d~s~h~:~ye. execut~, e(f~ ct, co:~~p:et~-. cen~ply ~vith a~id afrtir. b~ th~s cove~~a.~r, o: any pan h,~~reo(, said h'GFT.^.-AGEE rn3y lilacc a•:d ~
pay (O? i~th i~~s~r~nce or any {,art Iher~of w~thovt waivir.g ur affetting any ortiun, iien, cq~~ty, or n~ht undar o~ b~r vi~lue of tl~is A4crtgage, and the
full a•noum of cach ar.d c~i•~~ s~~ch ~+•+~mor~t n'~.~!1 ba i,nmcd~are!y die and p~ya!:'e ar,d s+~aG bear i~:tc~rrst (roin thc il~ta thercof until p:,id at tf~e ~ata ol
nine ~er <enturn }.e~ an•~~~~ie .;r.:l fc~~_•!I~.r ~.~it{i s.~:i~ i:ir~~ri•:: ~li.,i~ l•:~ s•_:,,•c•:i t~y~ ~hz fi~n ui fh+s m0•i~~gC.
4. To }x!:nit, ecn~rn~t or 3uffcr r.o ti~a~~~~. in,pair~r,e~v or drterioral~o,~ of saic{ pro~;erty or a~r! parl therrof.
5. To ~~ay all ar,d singvtar th,; costs, charges Jntl e~i~ensos, ~ncludin~ re,sonai~!c attorney's fee a~d costs ef absuads of title, incur~ed or pa~d at
; any ti~r.c by s:,~d h+GRiGAC~EF, bec~vse or ~n ihe cve-:~ of ti~a (a~lurr cn ~ha part o{ tha s~;d F,iORiGAGOR ro duly, p~ mptly and (ully perform, d scharga,
execut~, etf~ct, com~~lete, tc rj~ly vv~!:i a~:d al~.de !.y es.h and evcry the ;tipu!at~ors, agreamen!~, conJitions, and mvenants of sa~d p:o:nissory note and this .
mongage any or e~ther, ard s~'d CJSIS, C}tS~~l`S and ~•x~~~~scs, each rna ~ver~, shi~l L•a ime~ecl~aiely due and FayaLle; whcther or not th~re be no!ice d>
mar.d, atte:npf lu co~to-i~ or ~uil prnd~ny; and the fuli amoun~ oi each a~~d e.:r~r s~th paym~~N ahaii b'ra• in~erest (ron~ Ihe date the~eo! unril paid at the
rat~ ei n~r.~ }~er c~nt~~u F.•r a~:::,•:a~: ali s~:e1 c~sr;, chr~es J cx;:~~r.s;s ~ncc:ted cr Naid. toy~•iher .v~th ~uchtinterest, shalf bH sew~ed b~ the lien of 1}tis
t morfS~9~•
• b. Tha1 (a] in tf;e r•,•anr of (i~{~ UiG3t~1 OI Ihis ?.'.~:tga~c or d~•fa~lt on tf.~ parl af t!;e A1pRTG11GOR, or ;h) in the event any of S>~d sums of money
he~ein ~eferrad to 6~ np~ pren,p!ly a.-.d fi~l~y pvid with~:i thury (3J) d~ys n~:x~ a+t.•r ~he sanie szve~a:ly beco~~e due and payab!e, v~ithow demand or notice,
or (t) in tfir e:ent ~ech ~~nd e~cry the snt~utat~ons, r.~reements. cer.d~t~~ns and co•:enar.ts of sa-d promissury note and Ih~s mo~tgage any or either are r.ot -
; ~uiy, prc~npth~ an:l l~I~y ;;e~fornr,d, e: sch..r~_d, ~:~•cu:~.l, ~t!rthd, tcr,j:ia!~u, cc•ni,i:e:~ ::iiFi dncl abided ~~y, the:i in e~ther or any su:h event ~he sa~d ag•
- gregate sum meni;a:~crl in s~;d pr..nfss~•y n;,'•: il~•_n n.:~,a~ning ur.~:a;d, with ir.teresi accrued, and at{ mor.e~+s setured hrreby, shaH betome due and pay
' ab'c fonh,v~th, o~ there~lr<r, ,at ~hr urr.~b~ oi ss:d '.;O~SG%G:E, as fu;l~ and m~~~p'a~N.y as ii ai~ of d~c s~id s~:ns oi money were onginatly sl~pulated
~ . . .
to he pS'd on svch d~y. ~~•,:hinry ~n : s d~:r~, ~;.sso:p note e: u: ~4us l.lcrtg;g: W i}~_ c~nr.ary nor.v~rhztanding; and thereupo•i or theraaft~r ai the option of
s~:d 1.tORTGAGEE, w~~!:cut ~ ot',~, c~ cl:~:±~~~:cl, s~~! at I.~vr or in e,vity, ~herr;,<< or tf:~~n•stter Legvn, may 6e p+os~cuted as if all moneys secured hereby
hzd ~»i~:red pnor to ~:s inst~t~+~~n.
. "l. ri,a. ,I,;r ar ~c,.~ ~..,~.v....;.. _ . .
:z -.f r. _,r.; c~cd:;:g ar.; su~t u;•cn rhis Mertgage, or to foreclose it, or to reform it, or to enforce
payment of any d~~n,~ h~r~i~.~+.r, se~d :..~~tiiv::'v:t s~~a't aF;~.!~, t~ tiie Co::rf h5:i~~g .<_d ci:on ~her:of for the appointment of a Receiver, s~ch Court shall
fo~!h~cith apF:::~:~t a r:•;~•i:er ot c,;c1 ~:~;~:ty;,3_~d prr.; r:!; ai~ a;d sin~v:ar, ina~~J,~.~ .~~ci s+:;y;~~h. tl:r i~,come. pro(~ts. issues ar.d rever,ves !rom v:hatever
saurcc d~~ri:cd. e:.;h and :_:ery oE ..1,.c~,, ,t i..~=res :•;:crss:y ~nderstcod. ~s te~_i:; r.:c:t~~+1ed as if sp~c~fical:y set forih an~~describzd in th~ granting and
ha~:,endwh c?auses herco`, s:•d s~c'~ ~~cei~r: st;is; h,~c~- ~i; rn•~ k,ro~J arci rfi~~;i;~•~~ f~~:~~ o,s anJ p~~vers in anywise entrusted by a Court to a Rec~iver, and
s~ch dF~pJin!a~e.~t shail be n~~d~~ t~; z~ch Cour~ as an e:l~:itrcJ eq~,~ty and a ~~atter oi ,,:so!~ne righ~ ro sa~d MORTGAGEE, and without reference to the
' adeq.~_cy or ina;faq~.+cy c,f ti:a vj:ur of fh_ ::ropcrt~ mu~~c~::grd ur w r':,~ s~.ve~ic~ cr a~:l}J.~Cf1Cy o( sa~d R",ORTGAGOR or the defendants, and thet such
• rents, profirs, .Inco•r.c, issues an~J.rzv~r.c~s sh~it i:~ app'.;ed by sucii Receivcr acc:xd:=~g ru +i-a Iien or equity of 3aid ~10RTGAGEE and the practite of such -
Cuur1.
8. To du'~, p~c a-~d f:~'Iy pe:for.n, cl~scharg=•, exec~re, effeU, co~~~~:!_te, c~•r.;.iy wlth and a6ide by eac!~ and every the stiputations, agreemems,
conditions ~rd c~.•~na,ics ~n ss~d {,;o~n;SSOr~ ~:o'e and tnis n:;rtg:gc s_1 fcrth.
9. 71.as i~~ tF.e eve~r rFe c::::c-rsh:p of tfic r;~rsgaged pre~r.+ses, m any part thcreof, Leco~n~s vested in a person other than the MORTGAGOR, the
:~!v^R~i•~G:i, i~s s.,cces>-:•s ar;i ~ss,~,•>s, ~:~a;, ;v~~i~;._~s ncr:c_ ~o the :;CRiG;•OS, deal :;i~n such succ~ssor ar suaessor in :nterest w~+h reference to this
n~ortg~ge ud a^ d_'cl F.[re:: f s_c~fred ir: t~~e .-._~:~~rr as v:ith a. or v~~:h:irt in an • wc vit:atin or disehar in th
~ ~'J 3 ) Y 9 9 9 e l.1crlgagors' liability here-
ur.d~•r o: up~~r. the d_L~t i._;~;,r s;cure:! `:o s-':~?:i !L-~ ~::e•n~ses hcrtb~ ~r.ortgjy_d acd no focbearance on the part oi the 1.10~iGAGfE or its sutcessors
or ass:y-rs a„d ro •_t:cr~sn= c~ s'r:e t::n~ 4_,r r~•:~ t;+y:r.,•~,t of t~.~ deb+ h=reby str~red g?~en hy Ihe 1:ORTGAGE~ or its successors or assigns, aiiall operale
to rc!eace, d:schuye, r.~c=t:i; :r..;c~_; ni si;c-t the r_~r~_,r,~i ;iea:~.ty of st~~ I.~GSiGAGOA here~n, either in.v:hole or in part.
10. It is seec~f~c,t•y ;~re.,d ih~t t~~r.c 3z of r:-~ css•~-:c~r ef tf is c~n;ract and It:at no waiver of any obl~gat~on hereunder or,of the obligation se- •
eured h:rcoy sha': at a~~ f:^:e it~ar_z!!er be t:•. i~i to b.-, a v:a~v~~r tFe !enr,s herc-:,f o: of tne ir.stru~r.ent secured herby.
1 i. ~n _ i i r:c ~•o !:3_~ '~rr:;^-.,_~ •r.~~:Ei`v c~..;n~ ...s si F~i:,c ^ i ar.d ~•:,~~r•.. ..:~iu~r•=d by'~he promissory no~e s~.ured hereEy. mortgagor tovenants
_ ar.d a7r_es t~ pa; to ,~:era.z;.:~_c r~:•i~ ~a.-i: ~r:c,:-h ;;:~,•.,c.,t e~ r~dci s•rn cz+ ~~_,.:d mortg~gee to ue eaua~ 10 1 j 12 oi the annual cest of the follow-
; i,~y^: . _ ~ • . , . _ .
, A-Ail real p~ct:• ct~ t~.~z .c' o~ a:~:~ss~.i ; ~i .q• •i;~ ..~:ove d•:--'i~~,rl e:.,te.
6- Pr~~,.:u•: s on '.i.~= ~,:+d .::~:ds•o;:r, u s_~• ce .~s }~_r~:~, r.~~~:r_d rn L'. C2':~•:(~ c~s th•~ irr.p~ovemeats s~tuate c~ ~t~c above d~scribed p~emises.
' C-Pr_,..;u:• s s~ c~ ~,:.^-r:_,,: ~ n~a~::•,t~ ics~• 3• c: :s +..~•t;3a ;e_ sh3:! frc-: !o ii,re decm iit to earry an the lo3n secured he~eby.
l.to:Tn~qee s~~. ~~•cm : ~.cc:~; ...cr._:;~_. ~r, ~,.~:t;r.g oi th_ a•-~.o:;~r d.,~~ er-,d payable hereundar and wch su,n sha!! therecpen be due and
~ payab'e o~ th~ d.:.- d:s:: oi ~ne n~r.~i ~-ri,f; pa•f~~,._ ~t ~:,d e:ch SV.Ci:SiY•3 'TilN}l ~l,e•eait~r ur.tit mcrtg~3ee s5a!I not;fy mortgagor of a change in such
an:o~nt. Such 5umz ~F ail i;e ~:.r•~~ed i.•~ n;reg~,,;~ :o:.a•d li:e c,ayment of rz~! prep:rty taxzs, insura~cc pfem:~ms, a~id morlgage guaranty insurance
p~em;u^:S.
U1 Y~ITP:E~S ':INEREGf, Si:: s~ d/LCRTC.AG^t has n~re~nto set his h_r,d and seaf thz day and year first afo~esaid. _
Signed, Sealed a::d de'~ve:ed in the pres•~r.ce oi:
- - ~ f ILED AND f~Et~'OROEC ~i-sitac..~{~~~a (Seary
T ST.LUOIE CGUNTY'~11~. ~t Conrad t\llen
__,~.`"`.~=_s~--C~"~-- ROCER "r0itr~AS ,
/ {Sea4
: - - - ' ~ CIERK ClRc:U1T COURT ' ~ ~
;
_ ~~y~~~_~~'..~~~ RECORDY~Rifl£D.~..~~~ ROS~ ~t. AlZen~ hls tvl P_ i~a) .
SiATE OF ftBRt~A ~ l3bi~1A 1 ~ 6 4~~ PH' 1~
COUi~TY OF -----~~ti~i~~--~P.~.~OH---- ~ Vii'~~~
~ ge.cor~ me ~e.~or.~~iv a,;,e>•.~-~ --------,-.----~O27Tc3C~ r'~112I1 and
- 2Q5~3_'_j.._~1Z£Il___ _ ~ _ h~s wife, to me v.~e~l known and known to me to be
th~ ~:div~dua's desu~~~_d in ar,d v:no execv~ed th= forego;ng in5trument, and ackno,•::edged before me that they executed the same for the purposes
_ there'n expressed. Ar.d the s~EJ_.,__~__ ~OSa t'~IZQ11 ~ic~u~~il
w;fe of ~he sa~3 COnYZC~ fli~en _ _ . ~n~y._te~e}e and private
e~arr:~r.at:on by me ta<en s~parate ar,d aoart from hcr said h~sband, atknowledged to and before me that she executec{~~ai~~in~frumen('fr~Jy and volun-
taniy ar.d w~shout any ccmpu's~on, co~st;;ir,t, ap~.reh_ns:or., or fear of or frcm her said husband. - r._ -
:'~IT :ESS ny t~and ar,d off~c;a'• s~al th:s----G~7°"' dsy of_.-. _ -I~HY . . _ . A. 6. •!9
~1~~ t,~/j ~-`f ~
. ' _ _-`-+C'7~ • " _ ~T ~ F .
~Jo~Public ' ~ , ~
- - 1~5y -Commissien expiresc ~ s`' _ ' ~ ` ;
_ Rei-vm To: - - p
r
first federal Savinys & iozn kssc~~ai ~n • ' ~
- r = - My Comr;as(aa. ~
~ ) t .
_ . ~~r F . -AD ~~-1918
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I~ fort Pi~-:c~ Fio-~•Jj - ' -
_ . _ `7 7i~ i
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7his Instrum~nt Prepa:ed By J. i'aI !JOt~erts; Jr. - 'f .
First Federal Savings E~ Loan Association
of Fort Pierce F~~~- ~ c~e~
- ~ - ~ . B~OK 2~~ PACE~~Jc~
Checke~+ By _
: ~ ~ _ y,