HomeMy WebLinkAbout1116 3. To p~ace and conrin~o~sly keep on the bvi'd~n9s ~~u~v or hrrrefre+ situare on ~.,~J la~~cf and u~~ a!: ~q.,~~,,~ent a,~d p~•~son~tl; co.e~ed L~ th;s mor~g-
eqe. with dl) pra'»i~u~n3 thereon pa:d ~n iull, fue inswanca m the us~3~ it.u,de~d ~,o ~cy 4orm, i~i a s~, u e~.~e~.~J 1~~ thc 1~!Uk~C•%.G;E. a~ J wu~Ja~orm
•nsuronte in ihtl vsual s+~nJo~d po:,cy for~n, in e Sum a~~{~~~o.~d 1~~r ~he 6\ORTCiAGEE, in S~ch con'E.any or cu:n~~au+es ..S lhe 1~tOR1'vACiEE mdy
d~recl; and OII lire and w~ndstorm insurante F,o;,t~rs on any o( sa~d bvi~d.n~i. a~iy ~nfere,t th,:~ei~~ or ~~a~t t?~~•~c~l, ~n ti~r ~yg~..~~~c w~n ato~eSaid Or
in ectess thtreo(. Shall [ontain ih~ uival s~and~rJ nw~tyeyre u.+use or such othe~ ci,usr as thY lLlui~y+~re may rci~v~re. ~~~l~~~y Inr icsi ~nd~•r s.+~d poli-
;~rs, each and eve~y, payal~le ~o sa~d AIJRIGAGEE as rts u~tcr.sr ~nay ai,pear, end eech .,nd e.~•ry z~~ch y::~.e~ s!,.,:1 t~r p~un,N~~y assy,~cd ;,~d deG~rrrd ro
eny held by aa~d h10RlGAGEE es I~rrf~~•r sewr;ty to sa~d ~norl)ayr d..b~. a~~d. nof :ess than i~•~~ 1101 d.~,s aJ:ar~ce of th~ e.~;~~~+wn of ~„ch pul~cy. ~o dr•
L~:rr 10 said MORSGAGEE a rr+:evcol thcrroF, tOC~Fthc~~ wilh e ~rce~pi f0~ ~he prirt:wm o~ Svch renex.+'; thc~e 5~~~+%i !~a :~O fdr .1,~~ilitc~nn inSUtante
~ieted on eny of said b~ri!di.u~s. any inJa~iest the~c:n or pa+t ~her~of, u:~:~~sc in ~he lor~n ,v~c! .~~th Ihe loii paya:.te ~s aforES..~d: ar•d ~n tt~e e~ent any aum
of money becomH payablo ~nder Outh poG<y Or poLc~es sa~d MORiGA~.EE e~~.~ll heve thu o~~t:vri 1U ~~~t~'~tir ..r..S ap~~'y t;~e Sun~.e on ac;v~~rt uE the uodciNrd-
nrss sec~red hrreby or ~o ~xrmil f~id MORiGAGORS to receivr and ~se it a~ny ~r tl~•~ ,~oi i.,r oc„~ •~„...sci .t r!: u,~p...r-
any equ~fy, Len Or nyht under or by virt~~r Cf 1h~3 mortyayc; and m Ihe evr~tl sad h10R11;A:.1)k4 ih~:l `.or any rc.~ion fa~t to ?rep tV.c sa.d {'~runii:f SO
~.ns~!rcd, W fai~ 10 delivatr prWnplly d~y Of Said pOLt~~•S O~ Ir11U'Jn(~ IC S.f.d htUr~.(G.tiGtt. or Lc~.' pro~~:i.tiy tu ~~oy (u:;y eny ~~.r.. ~~,~•n Ihcr.~fc~ Or in 3~~y
.e.F,~~cf tail fo pe!fo,m, d,siho~yr, eaecu~e, eifec~, con~pteTr. co•~~i.ly vv~~h ar.d ab~cl~~ by e!„s coY~„~~:~. or ,~n,• i~.,,~ h_r.•ot, s.,:d G•.t•C'.G~.G~F inay ~~~ace a o
nay for suth inswance or sny par~ the:eol wAhout waiving or affecting any oF~t:u~~. I~En, eq~:ty, or r~_~M u~~~fer or 1~{ v~~r.iz of this ~ti!o•fyagr, end thc
r„ I antounl o( each and e~ery such pey~nrnt shali bc in+rnrcl~etrly dua and p.+yable a~•d sh.~i! h.~~ in;~•~,ft t~c,~,~ tlr,! d~tc tii~r~~of us~nt ~..,id at the rate OI
NCt itlltUtll ~~Qf dt1~lU'.~..:~~ IOJrt~~~~~ M~t`1 Su.h ~~~t~;_SI ~I„„ s:~:~•e:i ~~y the ~~l•+t O~ 1fl~t ~~lUtt[~3~v~,
~itsta
1. To permit, com~n~l oi iu~itr n0 NditC. impol~~:~~nl ot J~~Io~iJ~:,t~on O~ ia•c~ yxo~;eiTy ot eny ~:e~l if~cr~•D(.
5. io pay atl and s~~~g~:ar the tosts, cha~grs and e<<~rr.s.•s. ~n,i~d~ng a~~•aso•,ai~?e asror„~•r"s i~ :1 ~c srs cf ahs~:.•crs ol tit'e, inc~rr~;~ or ~~a~d at
any tin:e by sa~d MC)R1vAG'.E. becao,e w in tht eve»t of f~.:vtu on ~he pert e! il,e s„d R1Jri7C;AvJk t.: d~.Y. {,~c +,t4y a~.cl fu.iy {.crlu~~~~, d~scha•ge
_.e.ute. effect, co~nplcfe. cu~nply w~th and ab de by e.,:h a:,d r.~rY ii,r snF,v or,,;ni, ag.~.,.,, .,~,~e. cc :l:no~~s. .,~,d co..~,~,~~rs ci ~,,,,f i a~ ~-~:.r~ ~~.:t~ .,,.d ~h~s
t:J:fOJ9P any or euher, anJ sa.d cosn. charges and eapensrs. ra.l~ and r+rry. shal! br in,~,.~~d~,a~•:v due ~,nd ~~~;-~,:.c: v,h:.•~,~~~ o~ n;,t rt~r:e br no!~cr. d:•
r"~nd. J71e•npt t0 toilc+Ct O~ Svil perd.ny: d~~ Ihr Ful~ anw~M U) e.~Ch dnc~ ever~ iveh ~,o~~n~rnt ti.~i! b,.,~~ ~ntorcit iro~n thc~ da~C thc~cOf unt~{ pa~d dt the
O~ nu~~' Nc't c~•nt~~n ~~.rr ~n,i~.n; ,:n['. all S~~J Cuit1. Chdryc5 d::c~ i.~•~:SeS ~~KUr(cc~ Of Nd~c~. IU~~Ii~t•f ~1.1f~ Sulf~ ~~~+!crrsl. S~td:'i li@ Sa(Wa(~ Vy 1j1N i~tn O~ ff1~1
m0(~9MJ@'
b. ihaf ja) en nc~ evenl of any 6reach of this hloctgage or d~•i,,,:r on t4,e pait of ef,.• r'Of:iG•~i;'_'R. or ;b) !n the ev~nt any of s~.d sum: of muney
h~,rein ref~~rred ro b.~ not ~ro~n~:iiy and tufly pa~J N,~th:n tt~•~r ;3~~! .l.~~s rc•..t a•:..• t'~~ s..;•_..o':y t~..~~",r d_c snct F,ayol~'e. wit~:~,rt dcn~a•~d or not~cc,
_ r,;) in th> evznt ~•ach an~ e~rry r'~r shputae,ons, agreements. co~~cfr,~ons and covenents of `s , d ~ ro~~:se~~ r,~~~,r a~~d th s n:wfyoyc any or e~it,._r a~e not
juty. p~OmpNy and fu!iy pprfornecl, J echdrgad, raecutrd, effeu~~d. .ompietrd, comy~~ed v.~th arti ak ~d~~;l 5y, then ~n e.ther o~ a:~y s~:ch event ttie seid ag
'7~"~~]J:2 SU!11 ~»c'nt~O~la`d i~i id~C~ ~`~O:>>~iSJ~~~ ~lU1t 1t1~•~l ~c~>>3~n~~itJ V~~l~di(~. Wifh ~~~~tc'r,t JCC~~:c~t~, or:tl r~~.:~;e~.i S~C-~r~~:~ ~~~~t!-1. S~~.f.i 1~t~CU~IiC due df~d P3j.
YJ~c' foithw~rh. er ihr~ea!r~r, at ihr oy.•~on ol aa~d AtO~~GAGtE. as lu;iy a~v1 co~~,pier~•; f,. ~i a'I o( s.~~d n~,:,-.s ei ~-.o~~ey v~cre ong~„a;ly sr,pu;aied
rc be pa~d on wch d.:y, anylhinq in s~d proi~;sso~y nete or ~n th~s Llortga~.~ to the co~~r.ar~ ncr.•.,ihstr~:l: ~y, a~~;f rfi~•r,,,;~.~~n u~ th~r.~a1r~•r at the oa:t.o~. of
s+ d MORTGAGEE. ~n~r?wvt nOt~ce or demand, s~~t at !aw or in equity, th.:re~ere Or thrrraiter brgun, u.ey 6c F,rox:v!i-d as ~f dlt n+r.neyS secute(j heteby
n:d nia~ured pnor to ~ts ~nst~t~hon.
7. That in the evenf thet at the b<•~inn;ng of or at any u:ne Fend~ng any s~~t up~n th~s Mortgage, o~ to forrcfose it, or to returm ir, or to enforte
~.~.~~ent of any c~a:n,s he~e~~:dz•r, sa~d htpRTGAGfE sha!f appiy fo ~hr Court t~avn~g ~~~~sd.r..~~n th,r,.~of tcr thc ai~,,.:.n~~nenr of e R•~ce~~cr, wch Coun shail
,.,~thwnh appo~nt a rete~ve~ of :o~d n:ortyayrd procerty ail and singuiar, inclvd,ng .~~i a~~d s~~:g~,ar ~!:e income, F:rof~rs, usues acd rev~•n,~es trorn wh,te+er
s; wce der~ved. each and rvery ef .~h.ch_ it bemg exp+ess'y undrrs~oaci, is her~by monqayrd as ~f s~c.fically set forii: a~d d~•scr~b•_d ~n rhe g~ani~ng and
h.+be~~dvm elau3rs hercof. ar.d su:h Recervrr ahai~ have ail tlie bread a~•d rfE,~cnve ivnc'~e;:n ar~d po;:e~s ~n any~,nvie ~~ntr~strd by a C~v~~ to a Recr~ver, a~~d
s_:h ~tppomtment s~~!! hc n:ede by wch Ceun as an ad~~~ifed rq~ity ared a matter oi abso~utc r,yht to sa~d MORIGAGEE, end v~~R~;v~ relcre:~cr ao tha
~.4•a..•acy e+ ~~»deq:,acy ot th~ valve o; ~h~ property mort~aged or to the sovrncy or ~~:so:.~ncy of sa~d MOR~GAGCR er the dere:~d:+•»s, a. rh~t s~ch
~•~+s, prol+ts, ~~xc:~:~-, as~es an3 re~rnues s~ali be ap~~~~ed br such Rece~ver ac:orv~~:~ te the l~en or Cquit~ of sa~d MORiGAGEE and ti:r pracncr of s.,ch
~cu:t.
8. io du:Y. F~cs....~iy and futly Frr!or~~, d~scharqe, exe.~~e, effecf, compiere, compiy w~th and a6ide by each and ever~ the stipu:at~ons, agreemems.
._~daions and wvrna~~~s r. se~d pran,sso•y no~e and !h!s ~n:!rtgayc set iorth.
9. ihat in the e. ~~t the owne~sh~p of the mortgsged pre~n~ses. o~ a~iy pa~t thcr~of. becomes vested in a person ethe~ than the MORlGAGOR, the
:~~2'.GAGEE, ~ts succ~ ;s::rs and dS5 cJnS, m3y, w~thGUt nonc~ co the :tJRIGap4, dc•a; ..rh s:,:h successor or sctcesso. :r. mterrst wrth rrtrrence to th~a
r9a~e ar.d th~ d.,! hereby secured in the same man~er as ~s~ih tdor~ga~or w~thout in any Nd)' V~1.~~1T1~ or d~scho~g:ng the ?.1crg,gors' Gab::~ty here-
.irr w upon :he d~•o~ h~~:~:, s.c_r~d ho sa~e of ~he ~+e~.~ses horro,r rr;o~tgogrd a~d no fc:l:e.:~~-~ce e~~ N~e F•ar~ ot r:,z ,tORIuAGEE or ns s.,ccessws
- ais~gns and e~•crs.oo o' +hc '~~*~e for the payment of the drb~ n~rcby setu-ed g~vcn by the l:•ORTGAG:f or its nucceisors or assgns, a~:ail opera~e
ro re~ease, d,scharge, mcd.fy change or af4ect the ong~nal l;au.;ny o+ ~he M04iGAGt~R herem, e~rher in whoie oc in pa,t.
1Q. !t fs sccc;:::;ry ea~eed that time is of the essen;e of th~S conTract ar,d ti:at r.o wai~er of any oL::gaf:o~ hereunder or of tne a5!igation s~
._red hereby sha:: ar any r~rne rh.~r,,~atte~ be he:d io be a wvrvcr of rhe terms hcrcof d~ of fhe ins!ru:nent sec~red hc~by.
! 1 tn aa:i .•o iore_~c •nonth'y payr._r.fs of E:.~:~,c ,:.j: and ~~,r:.res• •eq~~:ed by. fhe ~•o:n s>cry nc~~ s: u-~~d i~r•~•br. n,ortg~~~r eovenanes
• i a;rees to t~a~ ~o ~rr3.j.y;e •.v:h eac~ r:~nn~h,~ pa~: :ent on ad.i,~~~nal su~n ~s• ~~~rd ~,,o•!y.i~ee to ~e e:yua~ to 1 12 of t:,., s~:::~.:! cosr of the fo;ion:-
A-.:'~ ~ a r: rr, r.a.t_s ievit~ Or a5sess~~J va ~s~ m,: ai e.e d~•sc~~b• d r: es•a+.•
B F~. , s on f.•<• and .v;^ds.o•«i ~nw~arce as he:e:n reqv red to be ca.n«,d e~~ she .mp.ovam~nes s~t~ate on the above dcsu~bed premises.
C-P:e.~ • s o•~ .~ch n•~~rt~:.Qe gua~3~:ty cr.5urrr.~e ,~s rr.~'!~Jq?<: S~13•I fro~•~ e•o ~e d~c•r~ fit to ta~ry on the ~oan secured he•rei;~.
4lortgaare s'~ ~ :~r. nr to •...,e ::r~~~; n,c•r~..ger ;n v.~~f,r,g of the a~• o•rt d;_ a.,c! pa.ab:e hereund.=~ ~~.d s::c!: s~,. 5:•~:t th~re.~F.on be due and
.~,ab:E on s~r c?__ e ot th~ ~ee¦t ,e:ontn ~ pa~ ner.1 and ern successwe n:p•~th the~,eft_r t~ mcitgayee sha!1 :sot:fy mo•!~~~or of a tnange in wch
_,:~,;nt. Such s.;~~:s s.• oe app~~.~ed by mor!~ayce to.vard !he pa1men7 of rea~ proFCrty taaces, iniura.tte pr~n.,u~»s, a~td n~~o'tyege guaranty in5urance
_ --~~ms.
f \':I7t1E~~ .'.H_:~:~= fr,~ sa~d h10RiGA~,~k has herev~to set h~s har.d and seei fhe day ard year fi:st aforesa~d.
~gned. Seated D ln the p{e~ence of:
1~ ~J•
~ FlLED ANO RECOROED (~a!)
- - ~ St. WCIE COUMTY fLA. - - )
' ' ROCE?~ POITRIS
CIERK C:kCUIT CaURT - «a~~
- RECORD YERIFIEO.~' «a~~
~-~~E OF FLORlDA t~~ A ~ ~
ST. LUCIE f
; Ju'VTY OF 1
Before me perscnatly appea~ed _ HaZZy A. l4R(~Ql SOtI and
_ MargdZet C. /~I1d@1 SOII h~s w~fe, to me well known and k~ow~ to me to be
e indiv~duais descr~bed ir~ and who executed the foregoing inserumertl, and acknow~edged before me that they e,cecuted the iame for the purposes
ir,e•ein expressed. And rhe sa~d----------- ~I9~t@t C. /~AC~eZSOA
r. ;'e of the sard - - -
Harr pfldel SOII upon a separate and priwte
~•~~n~nat~on by me taKen separate and apart from her sa~d hu~band, at4nowSedged to and before me lhat she eaecuted said instrurnent freeiy and volun-
-~••y a~d wnhovt any ccrnp~fs~on, constraint, app.-ehens.on~r fear of or frorn her sa~d husband.
VIITNE55 my hand and off;~;al seal this_ day of= ~__~~~~~~11dI~I A. D. 1971
- ~ V
` x•z ~ ~
Notary Public i and for the tate of florida at large
My Comm,ssi eapires: ~C.~? - ! ~ 7/
Ret~rn To:
First Fede~al Savir.gs a Loan Associot,on ' • .
O~ .,-t P•_~ca .~~y~t~l~~~~~iJ +~7i~
F~.t G~r.~~_. Flend~ _ ~
`,1• . ~ ~ - - ~ - .
`e+~J,~(~`~
Th~s Instrument Prepared By John W. Collibs, J,: r'-
t 1
First Federal Savings 8 toan Association • w.
of Fort Pierce ~ F lor ida ~N ' ~ ~a • ~
; _.Q
~
/ • . O
Checked By 6.~____~_-- ~'~~O•~SS~~~~",~•'
~~~jt11i~\i~~'~~~
~~o~ 190 111~3
r - ? 't~.= k
~ ~ e _ ' ~ t, ~yy
` " F ~
~~.'~~~'2~ 2 ~ s~:_ ~.o- 5r w ~
_ . . _~W'-~"~.~,._:4~m~~3