Loading...
HomeMy WebLinkAbout1113 o R. h'lJ 58 i ,'b~ 410 !, 10 place and contlnvoully k..p on lhe bvildir.gl now 1)( here"~ '''vale l)n uld lend 'M"" ell eqvlpmenl end penonallY coverod by Ihil morlg' age. wilh III premlvml IMreon paid in lvII, flre In.vnnce In lhe VIva I .landard policy 10'.". In e I"m approved by lhe MORIGAGH, Ind windllorm insur.nco in Iho ulval Itlnderd pol,cy form, In . .vm .pproved by lhe MORTGAGEE, In .veh comj>4ny or <<Ynpen:.. 01 lhe MOIHGAGH may d'recl; .nd .11 ilr. .nd windllorm Insvr.ne. pollclel on any of ..Id buildings, rny Inl.rell lhereln or port Ihereol, I" lhe .ggregala .vm afor..aid or in exce.. Ihereof, Ihall contlin the vlv.1 I~.ndard morlg.g.. clav.. or luch other c1IV.. AI Ih. Mortg.g.. may r.qvir., ma\dr>g the 10.. vnder u,d poli- cie.. uch a"d overy, payabl. 10 ..id MORTGAGEE .1 itl Inlerll' m.y appear, and each .nd .v.'y Ivch policy Ihall be promplly "I g".:I and de!.vered 10 any held by ..id MOlllGAGEE .. Ivrthor ..cvrll, 10 ..Id ffiO(lg.g. debl, .nd, not I... li..n I.n (10) d'YI In .dv.ne. of lhe u!>I..lion 01 ooch poliC(, to d.. liv.r to ..id MORTGAGEE a r~newal Ihereol, log.ther with. rec.lpl for the premivm of Ivch ren.w.11 .nJ thero Ihail be no fi<. or winduclm Inlvr.nco pl.ced on .ny of IJid bvllding., .,..y Inler..1 t......in or perl I"'rool, vnl... In Ih. form .nd wllh lhe 10.. p.y.bl.. II .Ior...idl and in Ih. ev.,,1 any .um 01 monoy bocom'l p.y.ble vnder .vch polky or policl.. ..id MORTGAGEE thall h..... Ih. option 10 rec.i.... .nd apply Ih. "ma on aceo.,,1 01 Iha irdcblcd. nell le<:ured hereby or to permit 'Iid MORTGAGORS to receiv. .nd uN It Of any part therlof for other purposel. wilhout 1he(f'bf wai'w'ing or 1I1\p.!I~- 11'\1 any eqvily, Ii.n or tight vnder or by virlv. of Ihl. rnorlgag'/ and In Ih. .....nl ..id MORTGAGOIlS Ih.1I lor any ....on f.i1 10 leop tho ..id premi.el '0 inlvred, or fail 10 doliv.r promplly .ny of ..id policiel 01 Insv..nc. 10 uid MORTGAGtE, or f.1I promplly to pay fvlly any pr..",iu", Ih..refor or In any r...pect fail 10 perlorm, di.ch"i/e, execvte. .ffecl, ~or.opl.t., c""'ply with .nd .bide by Ihil cov.n.nl. or .ny part hereof, .<lid MOlllGAGEE may placo and p.y for Ivch In.vrance or .ny parI Ihereof wilhoul waiving or .ffectlng .ny oplion, lien, .qvily. 0' 'ighl vnd..r or by vlr.ve of Ihi. Mortg.g., and Iho full amovnl 01 each anci ev.ry aveh paymenl lhell be immediately dv. .nd payabl. .nd ,hall beor In.erOlI from the dal. lher.of vnlil paid al Ihe rol. 01 nin.. p..r ",ntvm p..r .nnvm .nd tog.lher with .vch Inter", Ihail be ..cured by the lI.n of thi. mortg.g., .c, To pet!mit, commit or Ivffe, no Will., Impelrmenl or del.riorllion of ..id ploperly or .ny pert lhereol, 5. To pay all .nd lingvl., Ih. COlli, ch.rg" .nd .xp..nl", including I r.llon.bl. ,"orney'a fe. .nd COlli of .blt..cll of litlo, Incvrred or paid .1 any time by ..id MORTGAGEE, beuv," or In lhe .v.nl of Ih. lailvr. on Ih. parI of Ihe ..id MOOlTGAC..oIl 10 d'Jly, promplly .nd fully perform, dileh.rg., I"..cute, olfecl, complel., comply w,th e"d .bid. by elch .nd every Ihe Ilipvletionl. agreemenll, conditionl, and covon.nll of uid promiuory 1'01.. and Ihil morlg.ge .ny or either, .nd ..id COllI, charges .nd .xpenlOl, .och .nd ev.ry, Ih.1I be Immedl'lely dve .nd payabl.; wh.t"'r or nCI there be notic.. <l.. mand, .ttempl 10 collecl or .vit pendingl .nd Ih. full amount of ..ch .nd every luch p.ymenl Ih.1I boor Intere'l from the d.te Ihereof vntil paid .1 the r,,',. of nine per cenlvm per .nnvm; .nd all ..id COlli, ch"gel and expan... incurr.d or p.id, log.th.r with Ivch interell, Ih.1I be lecured by the li.n of Ihil rdorl:lag., 0, Th.1 (e) In Ihe .v.nl of .ny breach of Ihil Morlg.g. or d.f.vlt on 'Ihe perl of Ih. MORTGAGOR, or (b) In Ih. .venl .ny of ..:d IVml 01 money "..rein referred 10 be 1'01 pron'plly .nd Ivlly paid within Ihirly (30) dayl ".,,1 .It.r Ih.. ..m. I.......lly become dv. .nd payable, wilhovl dema"d or notico, or (c) in th.. event eoch .nd ev..ry Ihe Itipulationl, .greem..nll, conditionl .nd covenanll 01 uid promillory 1'01. and Ihil morlg.g. any or either ere not ivly, promptly end fvlly petrform.d, d,lCharg..d, execvled, effec'ed, compl.ted, complied with and .bided ~y, Ihen in eilher or Any luch ......1'1 Ih. ..,d ag- gregate Ivm menli,?n~ In ..id prominory nole Ihen remalnlr.g vnpald, wllh inler..I accrved, end ell moneyl ..cvr..d h.reby, Ihall b..com. dv. and paY' .b:.. lorthwilh, or Ihero.lter, .t Ihe option of ..id MORTGAGEE, II fvlly .nd compl.'ely .. if .11 of Ih. ...id lum. 01 mon.y were originally IIipvlated to b.. paid on Ivch day, .nything in I.id promillory nol. or in thil MorlgliJ. 10 the contrary nOlwilh.llnding; and I.....vpon 0' Ihorealt..r II Ih. option of ..id MOIlTGAGEE, withovl notice or dem.nd, luil .1 I.w or In eqvily. Ih.r.for. 0' Ih..r..fter begvn, may be prolOcvled .1 if .11 moneYI IOcvred hereby had malvred p"or 10 il. inllilvlion. 7. Th.1 In Ih.. ......nl Ihat .1 Ihe beginnl"ll of or .1 any time pending .ny Ivil upon Ihll Morlgag..Jor 10 foreclo.. it, or 10 reform iI, or to enforce p.ym..nt of .ny cI.im. h.r.under. uid MOIlTGAGEE Ih.1I apply 10 lhe Courl h.ving jvrildiction Ih..eof for the appoinlment of . R..ceiver, Ivch Covrl Ihall lorthwith appoinl . receive, 01 ..id morlgag.,d properly all and Ilnguler, Includ'ng .11 and lin{lvier In. income, prof ill, illve. and rov..nue. Irom whatever 10vrc.. Jeriv..d, eoch end every of which, il beir.g exprellly ur,dentood, il "'reby morlll.ged n if lpecificelly leI lorth .nd de.cribed in the grlnting and h.b..ndvm c1.Vlel hereol, .nd Ivch Rec..iver Ih.11 h..... all the broad .nd .ffeclive function. and powers In enywi.e entrvlted by a Covrl 10 . R"eive-, and .uch .ppointment Ih.1I be made by luch Covrl .. .n .dmilled .qvity .nd . matter 01 .blolvle righl 10 uld MOIlTGAGEE, .nd wilhovl r..ference 10 Ih. adeqvacy or inadeqvacy 01 Ih. v.lv.. of Ihe properly mortg.ged or 10 the .olvenc.,. or in.olveney 01 ..id MORTGAGOR or Ihe d..le"danll, .nd that .vch renll, prof ill, incom., invOl and rovenuel Ih.1I be .pplied by luch Receiver .ccording 10 lhe li.n or .quily of ..id MORTGAGEE and th.. p"Clic. of Iveh Court . 8, To dvly, promptly and lully perform. dilCherge, .xecute, .ffect, complel., comply wilh .nd .bld. by ..ch .nd every Ihe Itipvralionl, .gr,'}ement., conditiOI'I .nd cove".nll in ..id promi..ory nol. and Ihil rnorIg.g. leI forlh. 9. ThaI in Ihe evenl Ih. ownenhip of lhe mortgaged premi..I. or .ny pert Iher.of, becomel Velted In . penon olher th.n ,''' MOIlTGAGOR, the MOIlTGAGEE, it. Ivcc....on and ...i9m, may, withovl notice to Ih. M01lTGAOR, deal wilh Ivch Ivcce..or or lucceUor in inl..r..' with referenc" 10 thil mortgage .nd the debl hereby .ecured ,'. the ..me m.nn..r II with Morlgagor withovl In .ny way viti.ting or dilChorging the MorlQ.gon' Ii.bility here- under or upon th.. debl horeby IOcured. No ..Ie of the pre",il.) hereby mortgag..d .nd no forMor.nee on Ihe p<lrt 0/ Ih. MOIlTGAGEE or it. luCC""O" or a..ignl and no exlenlion of Ih. Iim.. fo. Ih. p.ym.ni (<f Ih. deb I here\;)y lecvr.d giv.n by lhe MORTGAGEE or itl .vcce..orl or a..ign., Ih.1I oper.t. 10 ,e!o..o, dilcharg., modify change 0' .ffect Ih. original lI.bi.\ily of I'" MORTGAGOR her.in. .IIher in ....'>01. or in perl, 10. 11 II specific.lly agre..d Ihal time II of Ihe .....ne. of Ihil contracl and Ihal nO w.I....' of .ny oblig.tion hereunder or of Ihe obligalion Ie- cvred "'reby Ihall .1 any lime Iher~.ft.: be held to be . waiver of the lerml heroof or of lhe Inllrvmenl Mevred herby, II. In add,lion to Ihe foregoing monthly paymentl of printip.1 .nd Intere.. reqvired by Ih.. p,omilsory note le<ur..d hereby, morlg.gor covenan.. an" agrees 10 py 10 mortgagee wi,h each mO"lhly p.ymenl an addilional .vm ..ti.....ted b( morlgage. 10 be equ.I to 1/12 ollhe .nnval coli of the foliow- ing: A-Ali r...1 properly lexe. levied or a..e..ed .g.in'l the .bove delCribed real eltate. B-Premiums on fire and windstorm insurance al herein required to be r.a,ri.d on the improvements .itvate on the above described premi'~I, C-Premivm. on Ivch morlgage gvaranly inluranc. .. mortgage. shall from lime 10 lime deem iil 10 carryon Ih.. loan lecured hereby, Mortgagee Ihall Irom lime '0 time nOlify mO'Ig.gor in writing of the .mount dv. .nd payable herevnder and luch Ivm Ih.1I Iher..vpon be du.. .nd payable on the dve da'e of Ih.. n..xl monthly paymenl .nd each Ivccellive month Ihereafter until m..>rlg.ge.. Ih.1I notify mortgagor of a change in s~ch amount. Such surnl Ih.1I b. .pplied by morlllag". loward ,he p.ym.nl of re.1 properly lexel, inlvranc. premivml, .nd morlgage guaranly insvrance premiums. Slid MORTGAGOR h.. herevnlo leI hil hend .nd ...1 Ih p,e..nce of, 1M d.y .nd year firsl .fore..id. ~q~~~~'I) ~- (~.I) (Seal) (Se.I) STATE OF FlOIlIDA ~ I '~,~..~~~::!Jlrl'" MRrgAret. RAel An SAmp)e ~ free ciea1eT'..'."" ..;'r.~_..,Oftd-- , , ' , '\' ....., 'I ' -~...,..)Ie,..to m. well kn~n,)ndb~ tQ'';,.jO,be Ihe Individv.OC described In .nd who executed lhe forliJolng Inllrvmenl, end acknowledged before m. Ih.I &ei't .lle-fiut.i ~ .ia"" fQf .... ~I,'" ::: '"'f': ~. I ' I Q . , . Ihereln .xpr...ed. "",.o..!M-eel'" i ,; .... I') '\ '. - I ~ ....... . , ....1. .l-tloe-Mi. _ _ ~ ~'e;"pe-- .".~~... ~Lli~b.f' .IT\8 .salo.ea ...,... _~ ~1- 00. -l-M~..~ "'*-""'......__IetIged-f. ....- ~e4..... -..... tolo... ...ecwlod-4eiil: ~......w..tfrr'o ..~I_' ~..~~ad-wOw._I-"'", _,..,.i~ eQlIt4"""" ..~IoeNie... ..,..M....f-oo> 4<_...,...... iluebt-n4I.- " ):.,.. .',..: WITNE5S my h.nd .nd ,:>fficial leal thi. 7th day of , M R,T' ~ 'II ..1' "Y,~" ,~:, !>.A~-6J- C~~./-..J ~~~LV<, D,,,~,,\)~',' NOI'ry Pub!!c In and for the SIal. of Florid. Di Urge My Commi"lon expitf6\ary Puhl' 51 t f ,c, ' .a e 0, Flor,da at l<1rr:e My Comm,.,s on LXi, fc', r .0'. 3 1 'J5~ Bonded Dy ,A,merleM' o,ureti L~, of rL Y COUNTY OF S~Lucie Befor. me person.lIy .ppeer.d Flrsl Federal Ilelvrn 10: Savingl & loan 01 Fort P;.rce, 113811 A.,ocia'.on FUI PiNce, Florid. FILEO AND RECOROED IN_~OOK 19&3 MAR -7 PM 3: 54 ROGER POITRAS, eLE.RK I -if S1. LUCIE COUNTYt FlORIOA f) Y , (t ~dt . I ~: I , . " ()(,~.\ ...~. '- .;" ~ ',IOI(,,!{ :' I... :" -.... ,". 1 ." ......' . - ., '. . 1\ .) ::( " , ~) ~:') l . j , -, '... ~'. ',~.'\ ~ ' , ' ... . 'i t-'" )' t< ....''->' . . " ~ 0 '/, ; c, :" ('.' " (" , ':l .. :> 1, " ,.,' {.., 1 () -"" ~ --1 -r---- f -~-_.- -. ----------..-..-,. .--