HomeMy WebLinkAbout0971 To placp and conlinuously ketp on the bu~:d~r,g~ n.~,~v or hereaher siluate on w~d lencl and on ell cqvipinent a~~d penonally covc~ed bY ~h~s marg•
ay~e. with all prem~ums thr~eon ~~ad in 1~11, fu~ insuronce ui Iho iisual standa~d potitY (onn, in a sum s{;yrovcd by tl~e h1i)R1V.l~i1:. oi~d u~,intJsloim
miv~ante in fhe uiua) f~anderd ~,oLcy lo~m, en e wm epproved by ~ho A~uR1GAGEE. in fuch Coinpm~y o~ Can~•,+n~cs a1 Ihr A~ORiC,:1C~(E may
d~rect; ~n~l •11 lire a~id w~odsto~m i~~s~r~nte {wlic~os on a~ry ol s.ud tw~ld~nys, any intere~l there~n or parl ~hrr~ol, in Ihe agg~~•yn~e ~u~t~ etore~oid or
in exce~~ ?Fer~of, tihall cont~m the uwol sta„Jard m<xr~agee cl~usa o~ such o~he+ c~~u~e ss Ihe Mo~tyayeo mny ~eq~~re, ma?mg ~hr lo» w~Jrr s.~~d poti•
ties, eac~ end eve~Y. peYabl~ to so~d MORIGAGEE at ~ts ~~~~rr~•s~ may e~ea~, a~~d eath and every such pui~cy si~,~Il be p~omptly aaic~~~c:l +nd det~v.•~ed ~o
•ny !?cld by la~d \tOR!GAGtE •f I~nhcr ucurity Ic said ~.~ortgaJe c{abl, end, no1 teu than tc~~ (101 day +r~ advae~cc ol ehe ea~urahon nf uach poL•cy, to do-
1~tie? lo savJ A10RiGAGEE n+e~~cvval ~hereof, toyc~her with a rcce~p~ ior thc pro~nwm o) iuch iencw.~!; and ~hare sl~~il Le no f,m o~ wn~~l~tu~~n insuro~.ce ~
plxed on •ny of said bvild~ngs, eny interrsl Iheici~ or pe~t thereof, unlrss in the fonn a~xl w~~h the Ioss payable as aforeea~J; and in thc c.ent any s.:m
of monay becomes payable ur~de~ such {wficy w pol;uv~ sa+d MORIGAGFf ~h~ll have ~he opt~on to roce~YO o~~d appty ~he se~r~~• on au~~„~ o( th. ~„d~bi~,d-
nc~s secur~~ haroby w lo pe~n,it sa~d MURTGAGORS lo rctrivc and use it pr any pa~t thr~rof I.;r e:i~. r~:~~F•i,srs. .:,~i~:.~~~ th . ~
1ng e~y equify, Ge~ a riyhl undcr a by virtur o1 this ~»o:!qayN; and i~ the evcnr ae~d htORTGl~GQRS sh.~l1 !o~ any reaion faJ fo ?rop thc ~r~J p~i~~nn: s so
~ns~r.•d. or feil to drhvm p~omptly any of ~a1d ~wLcirs of inaura~xe lo sa~d MORIGAGEE. or fa~i p~ompity ~o pay tui~y any p~.•~~,~,•:n ~hr~clor o~ m a"~
rrs~~rc~ laii to perlo.m, ducha~ye, eaecuro, elioc~, canp!e?e, co+nply wi~h and ab~de by th~s covenan~, or any ~iml horrol, s.~~d Muki::~tGtt may ~,~ecr e,~p
{~+y fo~ sv:h insarar.te M eny ~yr? tl+rrrc+! w+thput waiving o+ •IiocH~q eny ophon, lien, equrty, or righl u~ider or by vutue of ~hit Mortgaye, •nd tht
t~~1~ amoun~ ol each ~nd e~ery such pa~~nrnl shalt Ue ~mmed~ately due a:~d peyable s~id shall bcer intrrr~i t~u~~~ tho dara tl~a•~coi w~~~i ~~~~a a~ ii~e ~~ie ui
~~~c {.rr crnlum pe~ annum aixl tu~clher Nith sud~ uitcrcat shafi bF srcu..:1 by the I~en ol fhi! mortgege.
lo ~m~l. Cwnmil p su(ier no ws~t~, aup.~iuuenJ o~ detttiotat~u~~ ol smd p~ope~ty ot any p~rl thereof.
5. To pey a? end ~ingall~t tolts. thstgM •nd e~pen~.s, in.luJ~ng a rea~onoble attornr~•'s (oe and costi o) ah~hatts of ti~(e, mcurri:l or pa~d at
nnv ti~*~c by ia~d MURIiAG:E, bcc:+usc or in the evenl ol thr l,~~luic un tlK part of the sa~d MOkfGnGUR ~o duly, pro~~•~~~iy an~ I~ily F~r~}o~~n, d~t.h.~~gr
c~~<~tr. r11cd, c~r~q:lrte. tanply w~lh e~id ab.de by e~fh enc~ Cvery the sfipulrnonf. egrcemcnis. tondihons. ant~ cuvenants uf so~d pra•~,~,aory nut~~ a~d Ih~s
.~o~lyage any or c~+hcr. •t.d s~~d toitf, therycs aad ewpcnses, each end evrry, shall ~ immcdialoly due ancl FdYAI~I~•; NII•.'tl~f`! or n,+1 thr~r br ~~of~cc d•
m~n~1, altcin~N W coi~ect o~ suJ ~x~K~~~~; ~nd thc f~ll anwunl of cach and evcry wth paqmrnt shall bea~ uHrrrsl hu~n the dat~ tf~eroof unh! (~n~d ef N~e
~,f nu~r i4.• ,a,,~,~•» ~,~r ennu:n; ernS ali aa~J costs, tha~gvs e~~d c~,~~•nari i~KVUCd or pa~d, tw,~rlhr~ wnh avch u~ic~c~t, shall bc sccwcd by thc I~rn ol Ih~e
mor tfla9e.
6. Thel (a1 in ~hc ev~nt of any brcach of this Mortyage or dcfavt~ on the par~ of thc l11pR1G~~GOR, o~ ;6) in thc evcnt any of s.i d sums ol maney
tn•rcin re~rrrrd ro bc n.t pip,roptiy mx1 lully paul wAhin th~rty ~30? clsys ~~c~t att..r 1l:c seme severe':y bcco~~:e cluc and pay..ble. w~~huut dcmm~d or nohcc.
.r ~c) in thc evcnt ra.h and cvcry ~hc stipvlohons. ag~ecme~:ts. condd~e,~s and cuvenanta of sa.d pronussu~Y i~u~~• an.l ~h.s mo~tg,~ye any w e~~hc~ a~e nnt
luly, pranptly and f~~iy prrform.:d, d scharged, exec~tcd, elfected. tompir~ed, compl~ed w~rh and ab+drd 9y. ~hrn in r,ih. ~ or any s:,ih rvent Ihe s~+:d ag
g'oyare fum menhon~d in 3a~d prom~sswy nule then re~neming un~.e~d. wrth inleres~ acceued. snd all nx~nrys sc•wred ?~erely, shai! bce~,me due and pal. -
.b,e forthwith, er ~lxrealtrr, ~t the opf~on ol ~,.~d MORTGA~;tF, aa f~l~y and completr!y as if nll of +hc a.~~d su~~~s of ~twncy ,n,c.c ur,~~~ne~ty s~~p~larcJ
to bt {~.~~d on such d,]y, any)hnx~ in ~a~d p~Om~3sMy twt~ or ~n Ihi1 Mo~lqagr to tht Cont~ary ~1Jt~v~1FiST,~~:cl~;~g; and Ihcrcv~~on u• thrr~•ah~•~ d1 Ihe U~~t~On of
s.,,d MORTGAGEE, ~n~~hout ~ohco or de«,a„d, sud el law or in eq~Jy, there~oro or thcrealtcr begun, may 6c prosccutrd a~ ~t all rnuncys sewicd hcreby
n,d ~tutu~cd pnw Io ~ts inshtv~~on.
7. Thsf in the e~enf that et ~he beg67n;r•.fl ol or st eny f:me prixling sny su~1 upon this Mort~~ge, or to (oreclcse it, or to reform it, o~ to en(orce
~,oyment of a~y dem~s hercunder, said A1pRTGAGEE sha~l epply w th~ Cour~ hav~ng ~uusd~ctie~ thc~oot for ~he up~>o~ntmcnt of e Recc~vcr, such Co~r~ shaU
h~:rltv.dh eppo~nt a recewrr of said mwtgey~~d prooerty at( and amyuter, incrud~ng ail ,rnd s~nyular the inco~nr, prolds, bsves end rrvenues fiom wh.dever
u~ :e darived. e.ch and every of Nhch. rt beu~ ewpress~y vndrrsrood. h he~eby mo~tgegod as if spec~hcally sM fath and dusu~lxJ in the g~anhng and
endu~n c:a.~sra hrreof, and such Rrcr~~e: shall have a~l Ihe broad and eliecnve func~~ons and powe~s in anywise rNrustrd by a Cuurt to e Rrcr~vcr, a~~d
s. ~h ap~winr+t~~~if ahsU be made by s~ch Court es an edv~lt~rd ~quity and a.natter ol abso~~le r~ght fo sa:d MURTGAGCE, a~~d w~thuut releri•~ece to the
-,i~-y,•~cy o~ i~adrquacy of ~hr va~ur of the pro~xity mo.~geged or to d~e so~vency or ~nso:~rncy o1 se~d MORIGAGOR o~ the dr+e„d,~~~ts, .,~~d ih.~t svch
..==»s. ~:a::~, ir.c:szrs, at~etts eix! te.trx~es lAsJl ~ 1FF!+~ ~'Y s?t~t ~1'SYS~vgr accordmg to the I~en or rquity ol seid MORTIiAGEE and 1he ~>rail~te of such
~uurt,
8. To duty, promplly and f~lly p~r(orm, discharge, execWe, elfeU, co~nplete, comyly with a~id ebide by each end every the stipulations, agrec~nenls,
.ond~tluns a~d covenann m sa~d promissory note and th,s nw~tysge srt lorth.
9. That in the ev~nt the ownrrship of the mortgaged prcn.~ses. or anr pa~t thereof, bcconxs vested in e person other than the MORiGAGOR, the
~';~FtGAGEE, its wcca~swrs and ass~gns, may, wfohout nohce to the MORiGAOR, deal wnh wch s~ccessor or wccessor ;n ,ntc~est wrth .rl.•rence to tfus
r o~tgage and the dcu~ hcrrby sc:ured in the same ma~~r as w~th Alortyagor w~thout in any ~vay vil~ating or d~scha~y~~~ Ifir Mort~~yo~s' liabifi?y here-
.~dc+ d uFwn thr drbi hr~~•L•y srcurecl. No sate oi the Fremises hcreby mortgagcd snd no lori,rarance on the par~ o~ the /110R1GAGlE or its wuesson
o~ assigns ancf no exre~,s~on of rhe i~n,e la the payment of the drbr herrhy secured given by the MORiGAGE'_ or its successws or aas;gns, ~~~all opere~e
ro rNease, d~scharge, mod~ly change or effect ehe orlg,na! l~abd~ty of ehe MOR(GAGOR here~n, ~ither in whole or in part.
)0. is specEkaliy agreed that rime is o( the essence o~ this contrac~ and that no waiver o( any obllya~~on hereunder or oi the obtigation se-
~+~bY =+AN ~~w+catt~+ b~ !w!d to bc a wcaivet of the terms hercol qr of th~ imtrumem secu.ed h<<by,
11. L~ aid t.o:i t~ the foreye ng rnunth!Y ~~ayments of inc pai and interest requir~d by the prom ssory norr s: cvred h~•reby, n,or~gag,r covenants
i,ti ag~ees ro pa~ r~~ ,~,,:rqigee ~.~rh each rno~rhiy F1ay~,,er~t a~ ad.i.:,onal sum es~~n,arod by mortgagre to be ec~ual ro l. 12 01 t:~~ annual cost of ~hr lollow-
A-All rcal Froperty taa.-s levied or assce+~i ayar,st ~hc above describcd rea~ estate.
B-Pr~•n:~.~~:,s on h~e and w~nds~o~,n fnsur~r.ce as here~n requ;red to be cana•d on the-uaiprnveme~ts s~tvate on th.~ above descr~bed premises.
C- Pre~n~v~•~s oh sU.h morr3aqe gua~snty insvre.•c~ as monyagee shall from t•me to time drem iit ro carry on ~he loan securi•d hereby.
1Nortgaare sh.+' '•.~~n t~n,r to t~~nc nor~fq me.tyeger ,n v.r4t~ng of the amo~nt due and payabte hereundcr and such svm sh.~ll ~h~-r~v~~on be dvr an~
:~~.ible on rtie ilJC' .ia!e of tht ne~t r.~oNh;y payment and e.~ch successive month tf~reaher u~~til mortgagee shafl nol~fy n:ort~~gor of a change in wch
: unr. Such sumi sF,~ ~ be 3p~~,e.~d by mortg.~ger toward ~h ~~aw.m~e:t of real property taaes, insurance prem.ums, a~id mortyage g~~reMy insurance
...r•mwnS.
IN \'iliNE;S i`.H:CEOF rt,e sa~d MORTGAGOR has t~a/~}p~seihi~h}~~{~p~~sga~~ie dry and year f~rs~ aforesaid.
r-~~.GV AIV r~
Signed, $ealed and detivered in the pres~nce of: t~~ D D'r
~c.crt~l2t_(.~:.~~ ST• LUCIE COUNTY. FLA: • ~
.CQ(; t~~itlF!t~~ (Seal)
~ - 1~~~~ ' _~2
J. c~ ~ • ~s~ai~
` ~1~ JEP GS - lSeaq
~ ' ~ • OS lSeal)
5 ~ .-~TE OF FlORlDA 1
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"~~vrr oF St. Lucie ~ ROGEa ?OITR--4~
Befwe me personally appeared - CLE~~~~ ~A n and
_ Sandra Jellison h;s w7le, to me well known a~~d known to me to be
. sha ind~viduals described in and who executed ths foregoing instrument, and acknowiedged before me th~t they exetuted the same for the purposes
rhe•ein eapressed. And the ~a~d___ Sandra M. Jellison
.+~fe o~ the said Mr~ZZ1S1i1 H• J61I~50A ~ voon a separote and private
e.amfnatron by me taken separote and apart from her said husband, acknowl~g~ to and be(ore me that she executed said ;nst~ument ircely and volun-
ranty and w~thout any compuls~on, consrraint, epprehens,on, or fear of or from her said husband.
WITNESS my hand and official xal this_- ~(~c 2~~. _ day of Septetnbe r A. D. 19_
- --,T.~=~.~. Y~C-~XP-~,
Notary Public in and for the State of Florida at Large
Refurn To: My Comm~csion expires:
F~rst Federal $aving~ 3 loan Assoc~at~on TARY MlBLM~ STATE QF FIQRipA AT uRGE
Of Fo~e P erte ¢,rr;_~~ ~ MMISSION EXPIRES SEPT. 23~ 1973
Fo~r P~erc2. FtOr;dd ~yf;~+`~,•'~''••.~ ~`D~ THkU fRED W. DIESTEIHORST
~`~~~~"~+~K"?~y ak(~' / ~
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This Instrument Prepared 8y John Y.. COZ]:fa %~Y="<tiC~;i a,,;(~ s•
First Federal Savings & loan Association g~ ~
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of Fort Pierce Florida 1•'', •'S~ •;~:v
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Checked By `~"'%:~~~~!!~~f~
tii i~~~~~~~
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