Loading...
HomeMy WebLinkAbout1131 10 plat• and co~dinuowly ?e~p a~ Ihe bvi!J~nGf iww O~ horoaftar fifu~f~ o~ fa~d loiul ar~d an all cquiynwrH end pcrtonally co:ricd by thif morlg. •g~. with •11 p~e~wum~ ihcreun pA~d ~n lu:l, hrc mw~a~ue th~ uwal •~o~kimd yol~ty lo~n~, m• tu~n a~.p~oveJ by the MVk{t~1Gfl. n~~.l wn~dttwm In~ur~nu i~ IM uwa) Hancl~rd ~wl:ty lorm, in a t~m •~,p~uvad l~y Ih~ MURTGAGt[. {n svch con~peny o~ cu~n~~snies a~ tho MOkI(,AGIE mey dhKl~ •nd sll ~irs anc~ w~nJ~ra~m ~nf~r~~~t! ~wl~u~t on •~ty ol f~a~ 1wdd:~~pf. •ny inle~o~l Ihe:ein or p~~l ihv~col. in t?M ayqn yela sun~ •lorefeid or fn •~tefs Ihereol. ~?ull cw~N~~ Ih~ utiwl f~enJa~d ma~yn~ea dowa o~ such o~lwr cla~~~ th~ Mo~1~aUvo ~nay ~eqv~ro. maA~ng Iho los~ unJ.r s.+~d ~wlH .~a~. ~~ch ancl •w~y. p~~~bls ro u~d MURiGAGfE a+H ~nte~c~l m~Y apyeu, •nd cach oxi evcry u~ch {x~i~cy shall bw p~u~n~iUy et~ g,~a~d e„d dctivcrcd to •ny Mld by s~~d MORIGAf.tE fur~he~ secwity ro uid mw~yaye debt, ~~~d. rwt le~? ~han ~en (101 dey~ in ,dvu~~ee ol ?he e¦p~~ut~on ol rech pubcy. to Jv Iw~r ro ~ud MORiGAGEE • r~ncwal lherool, toye~M~ w~~h • rete~~~l lor Iho prenu~m o) tuch ~oncwel; end Nwre ~hall bo ~ro 1~~~ ur wi~~Juunn mtur~nce pIK~ on ~ny ol f~~d bu~ltiu~ql. •ny inte~efl tht~ein o~ p~it li~~rool. unlrs~ in the lonn •ntl w~th Ihe lots p~yeble .i eluiesald: end in Ihe ove~~l •ny wm ol mon~y becomas p~yabl• v~~r wch po!itY a pol~c~e~ ~~~J MORiGAG[t ~holl h~ve Ilw opf:un lo ~atc~vv end opyly tho ~e~nu on nuuunl o( the ~nJvL~rJ~ 1 ne» ~ec~~ed M~~by or ro pe~md sa~d MURTGAGORS lo rctrivs •nd us~ it o~ •ny pnrt th~rrol loi u+l,~•r ~:ue~ ~s.•s. ...u~:.,~f N~ J,n.,r.~ .,r ~~~~p,~n t ~n~ ~~~y pu~1y, l~ae w ~iyM ~nalsr or 6y vlrlw ol thn mortpape; •nd ~n li» went ~~~d MUR1(iAGURS shall !or any ~oafon lail fo k~•cp ~~~c saiJ prc~r~~~~•s'so uuvrec~. d f~il ro d~i~~e~ p~omptly •ny o) faid ~wLtiM ol infur~~x• lo N~d MORiGAGtE. o~ Iml pionµilly lo pay 1uHy •ny prc~nwm th~•~elo~ o~ i~i any ~efpcct 1ai1 lo p~~fwm. d~sahayc. eRCCUt~. •IFctl, ta»plate. co,~iply wilh •nd ~b~de hy thH tove~~anl, o~ •ny i...rt harcol, s.+~d Ml!kI::~1GtE ~~~ev pi~ce •:,d pey la fvch i~wrenc• a~ny pa~l Ihertol w~thoul W~Ivii~Q w•IIotlLiq ~ny opno~. lie~, equ~ty, or r~y~hf w,de~ w by vu~ue ul ihis MortUapo. •nd the E tvll a~novnl ol e~ch •nd •v~~y t~ch p~ymenl ~hsll t~ irn~ned~~lely dve •~d payab~e •i~d ?hall beer i~vricsl Iru~n Iho date Ihc~cof u~itd pa~d •t Ihe ~a~e o~ ~~~nr ~x~ cantvm ~M~ anrw•n aiK1 fo~rlhe~ a~th fuch i~~tcre~l s1~~11 !x~ ~cw«d by IM lian of thi~ mWlQsys. 1. io 4vrmil, tpmmil o~ fufFer no wafte, Imp~irnxnt a delerio~~t~on ol s~~d pro{xrty or •ny part Ihvrao}. S. To p~y •11 ax! tingulu dw costf. ch~rpes u~d e¦pe~~~e~. includ~ny a rea~onable al~o~ney'f Iee anJ co~es ol abti~.ncet ol t~tto. lncurred or pn~d si n«y ti~„e hy sa~d MUR1GAGff. b~uwe d in Ih~ event o1 the IaJure un Ih~ Fa~t of IM sa~d MURIGAGUR io duly, p~cu~•~,~ly snJ lully ~,e~lunn, d~?~harye c~rc~le. eHatl. cpnplett. Canply wAh snd ~b.de b~ ~aCh •nd every Ihe ahpvlahont. agrcomcnl?. cond~tw~~s. and (OVCnA~Ih ol ao~d ~uun~~,sory nolo and ~h~f norlyafle any o~ e~~her, •~~d fa~d coart. cha~~~f and e:?xnse~. taah snd evo~y, shall ba ~m~~~ed~elaly Jo! end payeL~r: whcther w nut ~he~e L•o not~ec d.• ni~~µ~. •ttl~npl t0 COII!(1 W{vit ~b~ri~~nfl~ ~nd tn! (ul~ ~oWUnt O~ ceth •~K~ tvHy suth paymenl thall Ix~ar ~ntcrefl I~onl IhR t~et0 Ihcu•UI W~hl ymJ al th! „rr o+ ~~~ne E.o~ ca•~~ti~m ~,or a~~nu~+~; o~x! ill uiJ cus~~. cha~9e~ end ca~w~~sr~ incurra~l o~ pa~d, loge~her w~lh wch ~ntc~a~t, shall ba s.:w~cd by ~he hon of ~h~t mor Ipa9~. e. 1M1 (~1 in Ihe ~ven1 0l ~ny bre~ch o( fhif Nat~~q~ o~ de(auh on IM pa~t o( the MORIC,AGOR, or (b) in ~he evcnt any of fa'd ~vmf of mo~ey h~rcin reler~rd lo Ix~ not prwn~~fly snA tully ~w~id vv~~hin Ih~~~y (3U1 days ncxt atier tl~c sa~ne fevcr~lly beco~ne due ~nd payoh~e. wi~hou~ dc~~~a~~d or nohcc. cr it) in tne event eKh •nd avery Ihe stipul~t~ans. ~9reemtnl~. ton~n~ons A~~d cove~ants o1 ta.J p~o~mffwy no~c enJ Ih~s morlgoye eny or e~ther •re nol 1vly, pranptly a.~d I~~ty perlo~n,cd, d.xluryed, raccuted, eUccted, cwnpletcd, canp6ed w~th end •b~J~•d by. then +n cnhcr o~ any wch event ~he ~a~d eg ~r~.y~tt sum me~horxd in ~s~c! pro~m»wy nute Ihen ~ema~n~nq ~np~~J, w~th ~nte~eal acuued, ~nd all ~no~~cys srturcd Ixirby, thali lxcumc due end pa~ ab~e forthw~rh, or thereatter, ~t the epTion o1 sa~d MORIGAGEE, ai lully a~d c~.npletely ~i il a~l of Ihe s.+~d ti~~~ns of r~~uney wc~e o+~g~neliy u~pulatcd ro be ~~d on such dsy, anylhmy in s~,d praro»ory r+ote w in this Mw~paye to the contrs~y notw~Ihsland~~~g: ond ~~~ercu~wn o~ th.re..!trr a~ ~he op~~on of +n~d MORIGAGEE, w~thov~ nonce or dema~d, sud ~t !aw w i~ squHy, the~efure w there~lte~ txyun, may tie prosecuted ~s if monry secur~d hereby ned ~narured pr~cx ~o ds msu~v~~on. 7. ihat in tF» eve~t ~hat ~t the beginn~ny ol a N~ny time pe~~di~~ •ny auil upon thif Morrgsye, or to toreclose it, or to reiorm i~, or ro en(u~ce paymeM of •ny cl~~ms Aere~nder. s~~d MORiGAG[E shall apply to th: Gew~l havu~q ~v~~sd~ct+o~~ thr~eol for the a~~~~o~ntment of • Rece~ver, a~ch Couil shd~l lu~thwith ~ppo~~t a~ettivlt OI sa~d moetyaged prOWrty all ~nd ti~yul~r, inCluduig alt and smy~lar /he mcome, p~uf~ts. ~ssucs and rrvrn~es 1~um whetcvcr so~~rc• de~ived. sath ~nd every ol wh~Ch, ~t ~u~y txpresfly unders~ual, ~s hereby mo~tgagcd af il sptt~~KSlly sel ~O~Ih enJ dcicr~brd in the gro~~hng a~~d h.~bend~m tla~ses herepf, ~nd svch Rrcerver shell Mve •II ehe b~wd a~d eHec~~ve (~nct~ons and powero in enywne entrutfed by s Cu~~t ~o s Rec..•~.cr, s~~d ch appointmen~ fh~ll ~ made by such Cou~t as ~n ad~nitled equity •nd • matter ol absolvre right lo said MURIGAGEE, snd wuhou~ relerence to tf:e adeyuacy or i~sdequacy of ths v~lve of the property mor~~ayed or ~o tM soivency or ~nsulventy ol ss~d MORfGAGOR w ~he defe~,da~~ts, and iha~ such <<•~~~s, proh~s. ~n~u~ne, aa~es and revenuea shell be appfiod by such Recr~ver acco~duiy to ~ha lien a equ~~y ol sa~d MORTGAGEE enJ ihr p~act.ce of ~~eh Covr/. 8. To dvly, promptly snd (ully perform, dncharqe. eaecute. ti(ecl, co~INC. canply wi~h and •bide by e~ch end every the ttipululrons, agree~nent?, tJ»ddWM and cuven~nts ~n so~d p~om~ssoty note and th~f mu~tyag• sN foith. 9. Th~f in Ihe eront the ownership of the mortg~ytd ptem~sef, or •ny part thrreol, becon.es vcsted in a perwn o~l~er then the MORTGAGOR, !he M•ORiGAGEE, its sv<cessurs •nd ass~g~~. may, withovt nor:ce to the MURIGA~R, dea~ w~th wch iuccesaor o~ •uccessa in 1nte~rst wdh rr(ero~~ce to th~s ~.~o~~q~ye a~d the drbt here\y ~ecured in the same man~er •f wnh Morryagor withoul ir~ •ny wey vit~atiny or d~scfiary~~~y the Mortgagor~ liab~l~ty here- ~.~,der or upw+ ihe drb~ he~rbr sec~ied. No sale o1 ~he prem~s~s hr~eby mor~gaged and no forluara~+ce on the par~ ol ~he IdpKIGAGEE or its wccessors e. ass~g~s and r~o e~tens~on af thc t~me lor tha p~yme~t oi the dcb~ hcrcby sew~ed Qivcn by the MURTGAGE: or ita succeaso~s or ass~gns, sLell oNerate ~o re~ceu, d:scharqt, mod~fy th~nge w•lfect the orig~nsl liab~l~ty o! ~he MORiGAGOR hc~ein, sither in whole or in part. 10. It is spec~lically agreed ~hat time i~ oI Ihe estence o( this cont~acr end thal no weiver of eny oLGga~~or. hereunder a of the obligation se- cwed Aereby ih~li a~ anY ume ~hereaher be hcld to be • warver o1_ ihe flrmf h!(QOI Qf Q~ fhc i~~strumeet aecurtd. ha[by. I1. In eud~.t~o~ to the forego n9 monlh'y paymrnTf of piint pa! and interMt required by tht pron~ifory no!e t.~c~ireci hivrb/, mp'ty~gor covenants agrcc~ to pe~~ to martgayer w~th e~ch mw~th~y yayriem an adJ~~w~ial s~m cs!~mated by morlgagee to be equal to 1, 12 0( tLo annua~ cost of the lollow- A All .ca~ p~operTy ta~es fev+eA or aucsacJ ega~•nt thc above desc.~bcd real esrate. B-Fr,••~: u-~s on 6re and windsto~m ~nsu~arce as hcrem rcq~,red to be ca~ried on the ~mprovemcMa situate on thc ebovc d~~scrltN~d premises. C-fre~*+wr*~s o~ ~uch ~nor~gage guaranty ir.su~a~.ce as mortgagee shall fro~t tme to tlme deem ht to carry on the loan sec~~ed herrby. Atorrqeg~e i'~~'! ~~.~m hn~e ~o ~~-*~c nor~fy mo.tyegor ~n wrihn9 qf the amovn~ d~e and paysble hereunder end wch a~r., ~hall ~hcrcupon be due and nble on tfx dve oa~e el the ne.t moNhly pay~nent and each success+ve month ~heres(ter ur.fil mortgagee shall not~(y mortgayor ot e change in wch .~~oi~nt. Such su~ns s~•a~.~ tx apEd~ed by mo~tgagee toward the paymeM of real property taaes, ~nsurance prem,ums, and mortgaye y~aranty insurence ,~'e•niuma. ~ i IN WITNEa V4HfR:OF ifie sa~d MORTGAGCR has hereunto set his hand and seal the day and yesr (int aforesaid. s . Sealed_and ~~~«~a ~.~xMe or: FILEO AND RECOROE ~ ~ , ST, LUCIE COUNTY, F s coRn v~RiF~F~ c~.n ~ - cs~•n ~ - •70 SEP ~U" ~~0 : 5~ L (Seaq 5 ~ AtE Of FLORIDA ST . LUC I E ~ ~1`'Y~ ` ~•JUNTY Of . ~ e~ia~ ~ ~.,o~.ii,, ~~.a.~a ~4~~fQtTRNS1 er ,~,a ~ $}I@IZ~? Ci• Miller his wife, tp rne well known and known to me to bs ~ rhe ind~v~dwl• described in and who executed the foreyoiny instrument, ~nd uknowied9ed beFwe me that they executed the same tor the purposPs Sherry G. Miller ~here~n ~apressed. And the se~d__~_- r. «~~e o~ the sa~d _ SL@WBZL C• ~!ill@Z upon a sep~rotq •nd priwte ~ e¦sm:n~t~o~ b~ me taken separate and •part irom her s~id huiband, ~tknowledged to •nd be~ore me thet she ezetuted seid instrument free~y and volu~- ~ ~ar,iy and w,tho~t •ny comp~lswn, co~s~roint, ~pprehens~on, w feu of w from her said husband. ~ WIiNESS my Mnd and offic~~l scd th~a__ 1 l~ d~y of eptember A. D. 19 7O - , ~ ~13LYlrl31- - - ~ otsry Pubtic in •nd for the Sute of Fbrida ~t lar9e My Commnsion expirer. ~ Retum 10: ,iat.~~, „ ' '•~r NOTANY PUeIIC, S1ATE OF FIORIDA AT LAR6E ~ ~ First Feder~l Savingt 8 loan Assouahon _ ~r. „ , •~;MY COMMISSION EXPIRES SEPT. 23, 1973 s ~ Of Fort P e:ce. . F~ ~ p~~T~O~ ~ ~ Fo~t P~erce. Flcr.da . ' ~ ' ~ - i ~ ' Th~s Instrument Prepared By John CQ2j~n6 ~ ~ First Federal Savings b loan Association P;~•. . J-; - • of Fort Pierce ~ F lor i da ~ ~ -%t~ ~ , Checked By J~} ~~~~~~~,t • ~ , 4 - _ B~~ 187 ~ 1i31 ~ , ~ _ _ _ _v~ , .~s_; - ~ ~ ~