HomeMy WebLinkAbout1119 ,f. ;o .,na ~~.,.,.i:s.. . , , _ -.~.~~.~s . or i~~~~ea`?~•r e:r~ar e? s i_~~± : ~i . .,n+ ~r,.i prrsona;!y covered by ~h;a morty.
ega, w:rh all p~r n".ns +i~erecn u~n f~,; , t~~v ~.•s,,•a ~n ~hc ~s~31 sraoda,J po':eY torm. in ~ s.: n a~ arcrad b; rh~ ASOR,.~Ai~fi, and w~ndstunn
insur;nce in :he us.,ai sra::dard Fc'cy iorr~, in a s~:~~ a~pro.zd !~y tha .MORTGAGEE, in svch co-~~uany or conpan~es as t!~e hSORiGAGEE may
iiret~; ond atl Gr~ and w;nJstorn: ins~~~anca (:~O':C~cS on any of sa~d b.~~!d.ngs, any intrrest thercin cr pa•r thc~eJF, 1I1 the aggr-gjte s~ n efuresaid er
in excess th~reof, shail ,ont3in the ~sv..f sto~~d~rd r:iw+g.~)ae uausc or soch o~her cl3vse as the Mo~tyager n,ay requ.re, maAing ihe :css ~~ndar sa~d poli-
t~es, each and every, payab'e ro sa;d `AJRfGAG:E as :ts ir.i~~:asr ~~,ay a,pea~, ar~d eacn and every wch po:~:y sl,.~~l C;e pron,p~~y ass9ned a~~d dalloered to
any heid by sa~d MORfGAGEE ~s iunhar s_wr~ty ro said n,ortgaga d:bt, a~d, not ~ess than te~i (10) d.:~s ad:3nlE Of the pr~llrnhGli of each po~~cy, to dr-
liver to aaid MORTvAGEE a ~en~wal rhireof, roqe~hzr wi:h a rc•cr~~>t icr the pr~mi~m of s~ch rrnewa' a:~:i there s!~a',I ba no Lie o~ .v~~~d°torm ins~ranct~
plated on any of said b~i!dings, any intrrest there,n or par~ th~rruF, un!rss in the form and w~+ii the loss payab;< as a!cresaid; ard ~n rhe eticr~t any svn~
Of money L^co-nes payab'e u~7der s:.ch poiicy or poi <~es said MJ41GAUEE sh~{1 have tha opt~cn ro reo.\e ::n.i t~pF• y the sa~ne on aaount of the ii~dabted-
nass sec~rad hereby or ro pem~it s~:d PAORTGAGOR~ to recc•~.e and use it or ~.~y ~,:,ii ili_•:~~o'r .-n . ..sr;, .::t~ :h., .cz;.~'~ :r ~
ing any equ;ry, lien or rigf~t ~nder or by virtue of th~s mc:tgage; a~d in the event sa d:MOr~iGAGORSIsh.~!1 tor any reason fail to keep the sa~d premites so
ins~red, or fail to de~~ver promptly any o1 said No{~<ies of insurance to sa'd MORTGAGEE, or f.i~; prer..p!iy to F~ay f~„y any pr~ ;~J,;:n ther•:fot or in a'~~
resped tai! ro perferm, d~s:harge, exrcwe, effect, co~r~ptete, co:~,ply with and abide by th~s cevenanf, cr any F~.;;r h~reof, sa~d t.1vRi;;HGEE n,ay p,ac~~ a~a
pay ior such insurance or any part the,eof wlrhout waiving or aff~c~~ng any opt~en, t;en, equ,ry, or n~h~ undzr or h,~ v;rr~e of ihls ,~lcrtgayr, and ihe
full amo~nt of each and e.ery s~ch payr„ent shall br ~innediatel~ due a~~d Exyabie and shail bear interest fro~n thv date thercof uniii p~id at the rate of
nine per czntum per ~nnuin and to~,ih~•r wittr such h;tares! shal+ be secvicd L>y the fien o( ihis mcrtgage.
4. To permit, commit or s~ffer na vvaste, 'vnp3irment or deterioration of sa~d property or any part thereof.
5. 70 oay all and singular the cest:, charges and exFenses, ~nciud~ng a reasonab!e attorney's fee >nd ces?s of ~bsrr3ets ef t~t!e, inc~rred or p~1d ar
' any time by sa;d MORTGAGEE, beca~se or in tha event of the f3:iurz on th~ part of the said h!~`SRTGAGOR fo duiy, prc~npNy and fuNy p_rforrn, d~scha-ge
exec~te, elfect, comp:ere, co^.ply w~th ~nd at de by eath and every rhe stip~lat~ont, agreemenis, conditionx, and cove:iants of aaid prom~ssory ncte and i}:~s
i;ortgage any or e~~her, and sa.d cosrs, charyes a-.d exFenses, eatn ard eve~y, sha':I br immed~ately due and payabie; whether or na1 ~here b~ nor~ce da
mand, attempt to co;lett o~ suit pend;ng; ard tha fuif amount of eact~ a<<d evc•ry s~~ch pa~men! sh~:i 6ea~ inrrrast #rem the date ihareof ~nt~l pald d~ 11•e
, rate of r,ine per cencun~ p~r ann,,:>>; c:nd au sald cvsrs, cna~ges a,,d .zx::~•~~ses ir.wrrcci or pa~d, toyethr. w~~h wch inrerest, shali be sewred by the lien of ih~s
mortgage.
6. That (a) in the event o~ any breach uf thls Mertgage or defau~r on th= part of the h10RTGAGOR, or !b) in the event any of sa;d sums ot money
i here~n referred ro be not prorT~ptly and fuliy pairl ~~~rh~r, th rty ~3J+ days nexi airer the s~mz sr.era':y u~~cane due ar.d payab!e, witho~t demand or not~ce,
E Or (c) in The Event eych a^d ev.~ry the stipu!a'lons, a7reements, cond~:io s ar.d Covenant5 0! sa d promissury nata and rh s mortgage any o~ either arn not
~ 4vly, prompNy and f;,;iy periorrr,ed, d;scha~g_ti, ehecuted, effected, completed, comp~:ed w~th a~;d at;~ded Sy, then ~n either or any such event the said ag
gregate sum menhoned in sa~d pron;issary nore than rernaining unpa~d, with interest acu~ed, and ail money~ secured hereby, sha~l become u'ue and pay
abie ferthwith, or therea`rer, at the oprian af sa:~ MQ2TGkGEE, as tu!%y and comp;etely as if a:~i ef tLe s~;d s~n~,s of money wrre or:ginaily st~pu.atcd
to be pa;d on Such dsy, anything in sa;d piom ssery note or in th[s hlort~ag~ to the contrary not,v~~hs~3~~ding; and thereupon or th~rzafter at the optian of
said MORTGAGEE, withoU' nor:ce or demar.d, sv~t at law or in equity, fhe:efo•e or ihereafrer begun, rr~ay be prosecvt~d as if all moneys secured hereby
. nad matured pnor to rts insr~r„tion.
7, Thar in the event !hat at the beginn'ng of or at any t~~T,c pend~r,g any suit ~pon tl;ie Mo~tgage, or to foreclose i!, or to reform it, or to enforce
payment of any eiaims he~eunder, said h1pRiv::GEE sha;i apply to the Covrr having ;~r~sd;ct:o~t rh~~reoi fo; the eppe~mn;enf ol a Recc~ver, such Cuurt sr.aii
io~r~~with appo~nt a recei.er of siid mortgaged proper:~ ali and s:ngular, includ rg ail and s.n~uiar the i~ucr,:e, prof~ts, iss~es acd rever~es fro~n wh~te~er
~ so~rce darived, each ~nd every c+f wh ch, it b~~~ng axpress'y unders'ood, is here::y rt,orrgaged as ~f spec.f~ca'.Iy set fath and d~_scribzd in the grannng ar.d
~ haheedum c!auses hereof, ar.d s~ch Receivar sha~l have a!! the broad and effecrwe func;,a~s and poetiers in anyw:s^ entr~sted by a Co.,rt to a Re.river, a d
s~ch appointment shall be m.ade by svch Co~rt as an ad nirted equ~ty a:id a matter of abso:ure r;yht to sa;d MORTGAGEE, and w~thcut reference to the
~ adeq~~acy or inadeGvacy of SF.e va!ue of tFe propc~ty mor~gaged o~ to the sa.v<ncy' or insoiventy of said !.~`JRIGAGOR or ihe d~~te~,dants, ar~d that Svth
rent5, proffts, inccme, iSSo?5 and revenues shau be apY;ied b~ wch Recaiver ac:ord~ng to the lien or eq~~ty o' sa~d h10RiGAGEE arJ the pract~ce af such
Gcurt.
~ 8. To du'y, rrompt'y ar.d fvl!y perform, di;:hsrge, ekecut~s, effect, compiete. tc'm.piy with ar~d ab:de by each a~~d every fhe stlpu;ations, agreen:ents,
condif~uns end covenant; ~n <j,~ promissory r.ete a^d th.s rn~rtg33s set for,h.
9. Tha! in the evem ;t~c own•~rsh;p cf the mortg.3ged pre .~ises, or a.}y part tt:crrcf, beco~nes ves!ed in a persori qther tnan the h1021GAG~R, tne
~ 4'ORTGAGEc, its wccesso~s and ass:~n;, may, ~.r~~hovt r.c;ce to !h~ r::pRTGAOR, deai •r:~'h soch successor er successor in interrsr tiv;th ~eference to this
E mortgage ard !he debl hereby setured ir, it;e samc m3^.ner as ~vi!n ;'.~r.~aqOr w;thout in any way vit:ating or d scharg~ng the Rlcrtgzgors' liebi ity hzre•
` under or upen the de6i h~r~~y sz."r~'. No sa.e of F~e•;•.s^s hereby rno:tgag~d ard no forbeara^ce cn the part oi thz !.10RiGAGEE er it. s~ccessors
or asslgns and no exrerzfon aF rh~ r:re for rFe pzyrrer:•t ef tF,e de~~i here~y ser:red qrven by rhe ':.ORTGAG~E cr irs succes5ors or ass!~ns, ,l~~ail operate
~ to re!case, d~schacge, med~fy CF13~'y^~ or afiect th: cr.~.r.a~ i~au.l~?y of the N~ORTGAGOR he~ein, either in ~nhoi~ or in part.
~ 10. ~t is sp=c~f;cal'ry agn~ed that tim~ i; of t`,e esse-ce o' rh~s ce~tract er,d tha? no wa~ver of an•y ob':gat~on hereundcr or of tne ob(igation se-
! c~.red hereby .ha' at an~ rn:c tner2a`rer be heid fo be a waive- ef ~he terms herecf or ot the insrrum~nt sec~red ha~by.
1l. ;n ~.:ci! ro the ro,ego~~:q ,nQn~iiy _:"-n•s of pr~nc ~al and I~~t_~.,>~ reyu~rcz~ ty tFe p•o~~:~uor: nae sc_<.:red her_i~;, morrgay~r covenanrs
~ and a~racs ';v ,~y t~ n;orty~ ~ ..~;h eac~'. . o~th~,y .,.~~t ~ , i ! 12 0~ t;,.. ':r.,. -
_ ~ o~ a s~ r• ~sr ared F,; r,~:o-tg~gea ro be equ3; to 1 ~a! cost of the foiior:-
ing:
/~~-~.~I (_di F•'OFCr'/ E3R:i ie`f~~,: O' ~55_^55!•:l .iy~.•'.51 1}._ z;:~lC G~CS:f~~~,~ f_dl E'Slot.~_
o-Prr„'.:,rs c;i f:re ar:d •d~~~ ~ns:;~~rc, i,.r~;~~. .,q:~:~ed to be ca•rcd en the „.,ev~n~e~ts s',t:.,~•, on t~::, aaove d~scr;bed premises.
C_ ?r~,ni~n s on s•~cn n,w.r: oc uararr. ics~~a• as ~n~ 3~.,~ <hal! `rc r t rn ;
9 1 ~ •!y y_ e!o ';n,~~ deern ilt to cs•ry on t,.e oan sco~~rd hereby.
:.or!~agee e~~~'i `rcm to nc•:t, r, ~rt .,:g: «:n r.~lt:ng of t'~= a.ro: ~t d„e ar.d p~yab!e herev.^•~~r a~~d s_;:h su~•, sh~',I th~revpon be due a~:d
t.ayab:e o~ the cS~e cat., ci ~h~ r.ext ..,,~,tF,.: p~~~ r. ~.d e:::h s•_:c~~s<_i~e ^~..~~!h tF,ereaft_r ,,..ti! m:r!g3yc'e sha!I r.o! ty mor';;e~or of a c6an3e in s~:i~
ount. Such s.-r.s sha.i be p';~:i o,' ,ncrty.:_ _r rc. ~~d •he cayment of r~ pruperty taxes insura"c•: prem_ua~,s, ~~d rnortgag: g~aranty insvrance
rremi~ms.
IN ';JITNE55 :':HFREOr, the Sa~d '.'ORTGi,G.^.ii nns h^_reu•.to set his ha'.ti and scai iFe dav and year frst aforesa~d.
i ned Seate an deiivered in the presence of:
•
- ,=~,Q,' L-+ GC.G~ti~ .C~Gi~ . ` y~~_ _(seai)
i tne s ~ ----_csea~~
~~..m-~ ~ , cs~a~~
- ~ : . ~ . ~ •
- - - - - - - --~Seai)
` W tness
SiATF Or Fi.ORID.> t
} 55.
CUUiJTY OF `A 1' T? .._~]1t:1~___~~--- ~
Befcre me personaliy appeared __,_~___~P.4~ P,;j ~A_
~L~
P._~ _____W _ and
- -P~~-£o--Q~-~-~_ _ _ his wife, ro me wel! kr,own ar.~ knoh~n fo rne !o be
the ind;vid~rals descrEb~d in and v:ho executed ~h_ foregoing instr~mene, and acknowle~ged before rt:e that ihey executed the s3rr.e for the purpases
fherein expressed. l.~d the sa~d_ palltlA Q~
kl Qy -
P.
wile of tFe said W@51,~~ I'i• ~a1{ u~ar a separets-en~. ivate
exam natlcn oy me laKen seperate and apart Trcm Fer said husband, acienowledged !o and before me that she executed said instrument r.(~aiy' 3nd VGIun-
tar„y ar.d w;rheUt any comp•~ision, co.~s+ra~~t, acprehens cn, or fear of or from her said husban~. ' ~i .
1h'ITNESS my hanci and offc.~i s~al this_ day cr_~._.~ J ;•,,y,•°••, ~9~,,
_q:
~ t ~ -
-~'.i: r, . , -
. ' N ry P ~c in znd for the State of florjdafet targa
y Commiss'an exp:res: , -
Ret~~m To: . r•
First Federal Sa~inys & lean Assoc:at.cn ~ . r• r. - ':~c~ ~ n.
Oi fc•r p, .rc~ - ;
3 ; f~ ,r~ ! .
F~~C~+~~~R~DEO -
_v,-~ F ~~o~,~~ _ ~..BOOK - . J
~N _ r , . _ , "t.
. . : ~
~ '65 J!!N 7 A~! ! I: 0 2 ~
. . - ~ ~E~~~lf~
ROGEh ~'uiT~RAS, CLERK ~
~ ST. LUCtE CDUNTY,
. FLQRlDA
. ~ $Q~xi19 _ 59.7
~