HomeMy WebLinkAbout1114 To p~aca end continuous~y keep ai the bu~'J~ngs ~~ow or he~eafte+ u~uare on s~~J to„d end vn ~I~ ~q~~~„nent and perso~:atiy covrreJ by this mor~g-
e9e. w;~h all prrm~ums ~hrreon ped m f~ll. Lre inswenic m ~he ~w:+l sto~kia~d pc>'~cy iorm, m a i.~m ~~.inc.aJ F,~ ~ha A1•.~k,v:.~FE. a~.d vv~nJa~u~m
~nwtania in ~he ~wal s~andard pul•cy fo~~i~, in a svm e~ pro~rd l~y Ihe AIURTGAGEl, in svch cum~~any er tu n~ ama•s ..s rhe A10kItiAGfE may
d~~Kf; aM~ all fi~s a~~d w~ndslurm ms~»nce pohc~es oa any ol s.nJ tw~ld.~~~s. any intr~vsl 1hr~em ur {.;rt tl:~~~iut. in the ayg~, y~ie w~~~ aforesa~d or
in tacesf Ihereoi, shall contam ~he us~a~ standa~d mottyagre t;~usu o~ sui!~ mhe~ cL+use as thr A1ur~ye~cu ~t~~y ~ryu.re, mel,~ng n~e w~• unJ.~ s•nJ poii-
c~e~. each and every. payab!e lo sa~d A1vRiGAGtE as ~ts inter.~se mvy appeai, and each .~ncl ~.r~y at~ch i6all l,r {~~u~nN~;y a~sy~~cJ .~~.d drii~errd to
•ny hcld by Seid h~ORIGAGtE ds (urt{~tr Sriu~~Ty ~O ~.~id n:urtg~yr drbl. and, n01 Icis lhan t~~n ({Ol d..~1 i:~ .~d. r~:r ol Ihc ca~~~rahun Of ..~otli y~o1~CY. lo dr-
I~ver t0 faid MORTG~GEE a roncwel thcreof, toge~hrr with a rrce~pt for the p~emwm o( such ~t~~PNJI; iY.~J rl~rre sha;l k.r ~w I.rc u• v,,~~~.fuu~~n ~nsuronte
pleced ot~ sny of sa,d buil~lin9s, any intrrest Ihe~e~n or pait thrrrol, un'cia in ihc loim and w~th ~he tou paydVfr as afcres.,~d; and i~~ the crrnl any sum
ol money becane~ payable undrr such polECy w{wGues ~aid MOkTGAGEt ~h.~ll have il~~ opi,un to rrc••~vr .,nd a~>E~ly ~i~r sa~~~r on ocw~,.~~ ol the ~~~J~br~•J-
nefs ~ecur~d hereby o~ to pcrm;t sa~d MORTGAGORS to recrive ai~ai ~~e if pr any i,.,rt ~h...t~ol ~..r o~~~.. s.,,~; , s, z. ...ii~ ,.:t ~h , ~ ~r ~„~p.~~.
~ng any eqvay, I~en or ~~ght undc~ a by vuwe ol ~his mor:yaye; end in fhc evrn~ sod MJitIGAGORS sh.~'I ;or any ~c,son fail to k,•r~, ~hc s.+~d ~~rc-~»a.s so
~nSUr~d. p~ (ai~ 10 dBlrve~ prWnpl~y ~ny O1 aa~d ~wl~c~rS O~ mS~ranCe fP S~id MORiGACFf. or t.~:' ~nony~Hy to {~•ay iu;:y any i:~r.•~.::~n )hc•~clo~ or ~n a~~y
~es~eCl Id'el 10 perfurnl, d~s:h~~ye. execute, elfrd, co+nplet~. tornyly w~ih end db~dC by th~l cuv<:~~a~i~, o~ iny ~~,rit h,r~ol. s.~:d A1vR1:,AGEE may pidce d~~a
pey 4w s~ch insur,~nce or any part ~herro( w~thou~ waiving a alledi~ig ~~y aF~~~on, hen, equ~ty, or r~ ;ht un.irr oe b~ v~~~~~e of ih~s Mer~y.~ge, and the
fu(1 dmJOM Of tath end lcery fuch ~,ayrn.'nf shall tia ,m,nediefely due and payable d:~J sti~a~l b,•nr intor~st Iru~n lha dalc thc~a•oi vntil ~,~~J ot thc rote ol
n:~:r ~er cenWm per a~vwm and W~rth.•r Hiih suth intr~.st shai~ b~• src.~rcd by the he~~ of ttus mor~ya~a.
1. TO plrmit, tOmini~ w S~d(er n0 waste. in~painncnl or detrnorat~oii of so~d ~~ro~ro~ty or any part lh~vco4.
5. To pay all end ~ingul~t thB Coi~s. GF.aryef and a~E:enlrs. ~n.l~idtng d ra•aso~~aU!r ellorn~•y'i (rr e'~J ccstl Of .al~il~acli o~ hNe. ir.iurr~;J O~ i~~~t~ dt
sny timC by sa~d MORIGAGEf, bi`Cauic M m 11M event Of ~Ite !.ulWr On liir Part of Ihi. y.ud MJRIGAI~UR W cluiy. ~,~u.~~{.iiy an~3 4u:ly ~ crlc~nr:, d~uiiarq2
_.rcute. effect, co.nple~e, cu~,iply w~th ai~d al dr by e.jch and rvcry thr sY~~~:a+,o~,s. ager.•~~~.r~~~s. co~d~r,ons. and rovr~~n~,!s e1 s.~~d ~ ru~,~~»oi~ ~:+:te a,:d ~i:~s
~~ortgagC dny or edher, and sa.d toata, chargea and eaprnseS, eacf~ and rvery, shelf rn,m~ciwtoty dur end Fw>.,l~l~; ,~,,h~ ~!~i r or not th,•rr br nunce dr
mend, dttc~npt ?o tol~etl Or s~iii pcnd~,;~9; and thr full a~ncunt o{ ~•ach and PVPIy such pa~mrnt sh~ll l,ra~ ~nt.•rrst lrorn thi~ datC th_•n~of vnlil pmd et IR~~
r'r o• nh~ pc~ ctntum ~~~~r onn.; n; .,nc: at~ sa~J costs. ahargcs d~~d r~;.~•nsrt uK~~rcd o~ pa~d. Ioy~ll~rt w,th s~ch ~~~fc~cit, shall b~ sccur~°d by the bcn o) Ih,f
mortgage.
h. That (a) in the event of any lreach o( th~a Mortgage or d~fa~~~r ~n t},.• F>..,t of th~~ :~~,O~tGAG`.~P., o~ ;h) ~n thr ev.•nt any ct sa d su~ns of moncy
here~n roferred to ~ not prom}~tly and Ivily paid wrthin Ihi.ty (3il) d.~ys nert s•t•~r th~. s,,..~e~ sr.c•e':y Lrw~~n. d.,e and p.fya!~~e. w~t~n,ut de~~wnd or notcce.
:r ic) in thz event csch and every I}~e st~~~u"at~o~s, eg~erments, condrtions and tvverant~ ot s.+~t! ~•r:•~~~~s~..~y ne,t~ ,u~cl th.s murtg„yr any or e~the~ are no1
~.~~y, p~on'~ptly and tutty pe~4ur.nrd. d.schary~~d, exrtvled, etfe:Ird. cnmp~rted, tomp:~ed v..th a~;d a! .i~ e3 5y. then m enh~~r or any such event the sa;d ag
3~cgate Sum ment~ened in ia~d p~onuasory note Ihtn re~nai~un~ ~i~y~a~d, ,.v~th ~r.trn•,t acire,cJ. and ~r.e,,~•,s s~c.reJ ha•rel;Y, sh.~:; Lecv~:,e dve and yaf-
ib•c lorthwnh, or thcrra4tcr, at thr c~~~~tn ol sa~d MORIGAGEE, as iuily a~wi cu~~~F:lrr.•fy ~i ~1 a'.1 uf th„ s.•.d s~:ns of n;oney N,c•c or~g:na:ly st~p~;a~cd
he pa:d On w(h d.~Y. anything in ~ed f,ee~n~ssoiy nofC Or in Ihis Morfgeye fo ~F.e conrra~y not..~~tFst~~•i1~.iq. .:nd ~h.~rri,~wi~ or tiir~reher at thw o~A:On uf
s.+d MORTGAGEE, N~}houf nonee or d~•,~~.,~,d, su~t et law o~ in equ~ty, therefure ar thrrr:~iter bcyun, ina~ b~ pro:rc~~cd as ~f ail monr~s ~ec~rcYl hrreby
n~d mawred pnor ~o ns u~at~tur~on.
7. That in tne r~ent ~hat et the beyinn.ny ol or at any time pending any su~t upon th~s Mortge:3e, or to /yecicse H, or lo refcum it, or to enforcC
~~aymtnt Of dny :te~n~s he•e~n~er. sa~d f.1JR)GAGEE Shd;l dN~iy iJ !hr ~JUrI ~tdwn9 ~urifc~.CFvn Ih~yvO! }ur t1~i• a~~~~ i~~nt~nent u{ a Recei~er, s~ch Covrt ShdN
tc~thwuh appciN a rccr~~er of sa~d mortgegccl procetty all and aingu~ar, intivd:ny a;l and s~~~yv~ar t1:r ~^to~~~e, {:r~l.ts, ~iS~c~ and rrven~~~ trom whotr~er
s;•.,rcr derived, e:th and every of tvi~.h. ~t ~,ng eapress!y understuod, ~s herrby rr.errqa_;ed a3 ~f s{-ec ~~c.~~~y srt forth and drstr~brd ~n ~he grant~ng a~~d
h,i~endum ~ie~ses her~~of, and wch Recr+.rr sha~: hav~• ail the !x:a,pd and effrctive tu•~.~ ~;ne ,,~:d po.,crl .er.yr ~se entrvsted by e Cou•t ~o a Rec..•~ve~, a~~d
s_,h appeintme~~t sh~ll b.~ rre;ie by such Co:.•~t as an ad•uttcd eq~~ty and a matter ot a~•sc,,~~• ~,gM r~~ s.,~d MJRTGAGEE, a~~d v~~ti~out refcrence ro the
e.?:.a.~sey o~ ~n~drq~acy oi ~h~~ va!ur o` ~he prepe~ty morlg.~yed or to thr so~.vicexy or ,ns~..:cncy o1 sa~d t110k~GAGOR or the drfe~.da~~ts, a~~d thet s~ch
~~•s. profAS, inta~~c, ~swrs and re~enurs shei{ be appi;ed Gy wch Rrtc~wer ai:~rd;ng to thr ~~rn er rqu~ty of sa~d RtiORiGAGEE and tke practite of suth
C•~vtt. _
8. To d~'v. F~o~^t'~~Y ~^d Fui+y pt.iorr.,, di:charqt, execure, effed, cumpletr, cortiF,ly w;th a~d ab:de by each and every the stipufetions, agreemrNf,
.~~~d~*ions and co~r~~anis :n sa~d pro~na>ery note and th;a mortgaye set fwth.
4. That in the e.r~~t the OK~1C:Sf1~f) of the mortgaged prem~ses, or any pa:t thereoF, L•eco~nes ves~ed in a person other than the MOR(GAGOR, the s
\'.`RT~,AGEE, ~rs suca~ss.us anJ as<_:gns, ~nay, w~~hout nor.ce ro rhe ~NORTGAUR, d~-a: ,nah se~ih SVLCt•SSOf o~ s.cc~~ssor in ~nrer~s~ w~+h refrrence ~o this
.~gage dn~ 1he dr:~t fi~rrby seii~r~d in ~he SamC m.~ni:er d5 w~ih ~ti1;~r!~ygOr ~rthpu~ in dr.j ~~,~y wtahn~ W(~,s<ha~q;ng Ihe 111o••g ~yors' liabi;~fy ~re-
.~r~ or uF~un t~e d.•~~ ~~~~~by scc:~red No fa e oi the ~ren ~srs heteby mprtgagc•d a~~d no tc•: r~ra~~c~~ un t:,e Ear~ oi the ~.~ORiGf:GtE or i~s s~ccrssors
~sz~gns a:-d n„ exr;~,~s~n~ the f~r the pay~~ent of the deGt he.~_t,y sec~reJ g:+~~n by the R;URiGF~EE er ~ts wccessors or asslg~is, al~ail operete
ro re~ease, d~scharge, mod~fy ~ha•,ge~1 atfect the or~9~nal l,ab:.ty of t}:e M1'~ORiGAGJR here~n, e~tt~er ~n w,hoie or in part.
1Q 1t is spe,:f;c3':y agreed that t~~.e is of the essence of ~~~;s co~~tract and that no waiver of any ob:~ga~~on hereunder or oi the ob'igat~or. se-
•ed hereby sha~~ at ani t+nie iherea}te~ be hcdd te br a wmyrr of the te:ms herecl or of the i~~str~rT,em a~cured hc~by.
1 i. !n s~d : eo ~he iwc,;r o~~t!.ly paym_nts ef ~~nnt {:al and inr..rrst r~•q~•red by the p+om iscr ~ r.c : s. c,,•..<i I~C•. F J. nt0't~3~.-J• COVC'll3flfi
. 7 3:1'.CS TC. ~.J~ . i:'1}? ine v,.'1~ ~`.l.~l i+`Ut~!~t y~,.j.r'f:~t cll .(~~.1'~O~ldl SV•vi a~5' '.e•e~(1 t:y •...0'I~ ~y~•' 1G f~<' E•',ju~~ TO ~ ~2 Ot t.~e .~~1::.,.~i CJSt Of 1fln (pilp'~v-
A-A!t ~:one.,~ ta¦es iev,,~ er ass~~ss_~i va~~ ,si t!„ af•oee drscri~.~ d^ al es~.~te.
B P~. .,s c.~ f~rc end v.~cd>fe ~nsu•a~-ce as n_r~~n r,~q, red to b~ ca•a~. d c~~ th,, ,,ove~re.~+s s.tuate on the above d~scnbed premises. i
t-Fre:• ,u • s e~, ,,ch r:a ~3:•ae ~~ar,n.y irsc~a,.ce as rnoctgaqer shstl i,~.,. r:: _ v~ r:•„c d~e~~ f~t to carry on the toan s^wred E~rrrb~. ~
1'dortgaqe~~ r: ~o r~ !o t, •.e r•or,f; rt•ortgag~r ~n wr.t;n9 of the a~~ o_~•it d~,• a~d payab'e hereunel: r and s,~ch su r sh.3 ; thereuy.~on be due and ~
.~•ab~e on Th~ ;,,e cn•e of the nett ~~:omh:y pay~.,~nt and eac4~ s~ccess~ve ~ro•rth thcieafa~r ur.ti' m,rtga3ee sha!t not:fy mo~t!~:i30r of a change in such
~=.,nt. Such su:^s s+ ce apF- ~ed i,y morrgag_~e ~ov~ard the payme~t of real property taxes, inwrancz p+em.u:ns, a~d mortgage guaranty msurance
. , ~^.iumS. '
iN YifT~lf~_ .':HEV;:Ir •~,e sa~d h10RiG~+GOR has hereunto set h~s hjnd nd s~l he day and year fint a~oresaid.
1. egned~Sea~ deliver the presence of: 2~ f(~~~~d ~ ,
FIIEa RND RECJRDEO '
~-L,/ S1. LUCIE COUMTY FLA. ~ ~~a~~
ti0C~4 FOITRAS ` (Seaq
- - CLERK C?RCU11 COURT - (Seal)
RECOP.Q VERIFIEO.~ tSea1)
~"~'.?E OF fIORIDA ~ ~ ~EO Z~ Z O~ PM I
~~U~ITY OF SL• I.UC1~_ ~
Before me personally appeared Edward Hiqgins _
- - - - _ snd
_ h!arv_ t. H1C3Q~II5 _ h~s'wi~e, to me well known and known to me to be
~7e ~nd~vid~ais descr'bed in a~d who exec~ted the foregoing instrumen?, and acknowfedged before me that they executed the same for the purposes
~~e~e~n expressed. And rhe sa~d__ ~__a~_~ • Higgins
r`e of rhe ~a;~ _ ECiWBId I-{1 IAS ` ` upon a sepa.ate and pr~vate
-
e* a~+;;na+~on by me taEen s_pa~ate and apart from her sa~d husband, e<knowledged to ar+d before me that she exetused said insiru~r.ent f~~edy and voEun-
~a-:ty and wnhovt any compu;sion, constraint, apprehens;on, oq fear of or trorn her said husband.
A~
WtTNESS my hand and offic;al sea! th~s_~_~~____ _ day of___ FebY1''arY _ __y q p ~q 71
~~!~~.!s-z~
' Natary Pu61~c ' ~d {o~he S te of Florida at Large
My Comm:ss: expi~es: ~ ~ 9~ ~
Return Tor
Fi~st Fedeia! Savings 3 loan As»riat:on ,~~~~14ij~.~
. ` `
Of ~o~t ~ ~._.r, . ,
ii"!~
Furt P~e:e. ficrdi ~
. ~ - , . . . ~~r
; J • .
r•::.~`,':~
This Instrument Prepared By Thomas A. O~~~A4~
First Federal Savings 8 Loan Association ~..f; y a..
' of Fort Pierce s Florida .~,;=~Q,.
~
Checked By ~ _ t' ~
, .
guoK 19~ ~.~1~.
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