HomeMy WebLinkAbout1567 J. To p'~ce and cor.f~nuously lrep ~n the bu~`d~~~gs now w hrresirer ~~rwte ~n sa~:! 'a~~d a~ d on a!! rq;~p~nent a^d pe~w~,rlty cevered by thl~ matq-
e~s. w~lh aU prrn:~~~ns th~•rtOn pa.d ~n (ull, hrc mSurantr sn the ~,s.:a{ ste~ela~J po.~cy lonn, m a i~.m aj~~~...rc! by t!ic ~!Vk.v.~G!E. ar.d w~nditurm
~nsurance ~n the ~suai srrndard poi.cy form, in a fum a~ ~~~o~~d l.~ !hr MvRiGAGtk, wch w~n~~a~~r er co:~~~~.~n es as thr A1pkiGAGEE may
d~rKt; •nd a!1 1~re e~~,d .v~nJstum ~nS~rantt po~~c~es on any ol sa~d 1w~:d.nys, any ~nteresf thcr~in .~r ~ arf tl~r~col, in 1he ayg~. yate su~*~ alaesaid O~
in eYCesf ~hereol, a~~.+~1 co~ta~~ ~h~ ~svai sTa~~da~d mortg.+gee c:~~se o~ such o~h~~~ (~JUSP as ~he hlortya.~ee mey ~ryu.ro, ma?n~y tha ~o» w~da~ s.~~d pol'a
t~rs. Nth •nd e~erV. pa~ab•e to smd AIJRIG4GfE as ~rs u~tcresf may a~>prar, and cech end e.cry _:il~ ~~.~.~c/ eha~i tir ~~~om~it~y asiy~~cd a~~d dc~~~crcd ~o
•ny held by fe~d MO~I'vAGEE es !urthc~ aeiv~+ty to said rro~t~a~r d~•bt. and. not Icaa th~n tr ~~iu; ci.+,s r., .~J..,~~.c o1 th~ e~~~~r„t~or, ol caih pol,cY. to de-
~rvlt 10 ta~d AIJRIGAGkE ~ rena•Nal ~h~rcol, ta~c~her wrth a retript for thr prc•mwn of svih ~cn.•.~a'; _++J tl~~re s!~ali !,r no 1•re or .~~~~~fst~~~n .ns~rante
plKed on any uf sa~d b.~~'d~nys. any u,t<~rra1 thrre~o or per~ the~rof. ~~~`•rss ~n ihe form a•.d w~!h tF~t icsa ~v~~~•ie as afuresa~d. ar•d ~n the c.e~» a~iy sum
oi money bcco•nes pay.+bie u,.der s~~ch pei~cy or pel~c~es sa~d MORit,AGfE sh.~ll h;ve ~hr o~,~~w, to rr«•~.~~ .~,,d :y thr so•„e on .~.,o,~.,t of the ~nJcbfod
neas secu~ed herrty or ro pe~m:~ se~d MURiGAGORS tu rrc~•~ve and use it a an~ {,.~.r~ ~l~.,r.~l r.~~r o:~~.~r ,~.~e.~s. ...•i~,..f ~h r,~;,..r-
~ng any equny. fen w e,yht ~~de~ o~ by vut~~r ot thh n,Ortgo~e: and ~n the evrnt sa d~1JRIGAGORS sh.~'! 'or any rrasun fail to 1.~~cp tV:~ sa~d 4rrm~srt so
infurad. pI Isil fo dr'~~~a~ prompily a~iy Of faid pe~:ties of ~nsur~nte to se~d A10R~GAl•Et. cr t.~:: ~~•om~nly fo ~~~ay fu~~~y any ~vr.~:..~~ri fhr~rtor oi in d•~y
reapect foil to perfonn, dn:hs~~e, e~ccure, eHect, canpirre, co~-~ply ~v~~h snd ab~de by th~s co~c~~.+ cr any hrreof, i.ud h1~~R1L.>G'.t r~~ay p~ace a~o
~ay fw such inaurnnce or any parl thrrcof wrthout waiving or afieUing any Gpt:on, Lrn, eq~,ty. o~ n:~M u:der or hp v~rtue of fh~~ Llcety.i~z, and the
f.,ll amovm of eacA and e.ery svch pa~mrnt st,ell Lx ~mmed~euly dve and pa~able a~d s~~.~:1 t~aa~ ~~~Tr~ist Ir~~n thr dat~ ~h.:reol vntJ po~d a? ii~~ ~aie ol
•~.!~t Pc`f CBrltum Fl@r d~lni.nl en~~ iJJrihd~ ~~~!h SuCh ~nte~CSt 3~1d.. :H SP~~re:~ ~l)' t~lE ~:Cn O~ t~1~S ~`10(t(~JCj~.
1. To perniit, COmenit Or su~~tr n0 wiila, ~mpa~rmeat or d.ter~oret~on of aa~d proF:erty ot any Fvrt th~r~•ul.
5. To pay all and sing~~iar ehr cosrs, charges a~~d ex~e~~ses, inuud~~g a reasenab!=~ attOrna•v's ire a+~d ccs~s ot a!•a~r.~us of tit.'e. ~ncvrrrd or pa~d a~
~~y timt by sa~d b1pRiGAGEE, bec.+usc o+ in the e~e•~t oF the fa wre on tiie part o4 the s.;~d h~JRiGAGt,~R w dv!y. p~a~~F,~ty and fu~~y ~~eif:u~s~, d~ac«a~ge
^.e•cute, etlet~, canplete. co~nply .w,th and ab de by r.~.~+ and e~ery rhe it~~n.i~!.~ns, ayrrr •,r~~ts. tond~hons. and :o~e:,ann of sa~d ~~~on~,>ee: y norr e~,d ~h~s
ro+tyoga any or e+ther, and sa,d custs, chargrs a~~d ey~ense~. each and rve,y. ahali be ie,~rctl+.Nr:y d~r and F•eynt,,~: ~nh.!her or not rh~~e ue ~~nr„e d:•
mand. atte~npt ro col~ect o~ suit per.o,ng; and the f~l' anwvnt et ea:h and eve.y au.h pe~:,..~nf s~,~ti br,~• n•sr fro,n the date ~?m.~•of until pa~d at ehe
.`s ~:~r~C Vi' 12:1!~~tf ~~tf d~~~l~`~; ~r~~ JII ]e~~ COSIf. ~1.a:~~~•S .]i~(~ a-i~~~•~`.S~S i~KU~fCd O! ~:a~C~. tGj~t~~a•r ~t~~lh Su'C~i ~~iti•1~St, Sf~JI~ b2 1~`GU~Cd ~Y 1~1C ~~rn of ~~7~~
mottgsge.
6. Tha~ ~a~ ~n ihe event of any breach of th~s Mo~tgaga or defa.,.~ on th~ pa~s af fh.• ~.JRTi,~~G:;R. or ,bl ~n ~he event a~y o1 s~:d wms of moncy
hcre~n rlferrid t0 be nOt prOmptly and .•vliy pa~d ~4~lh~~+ th:•ty t3Ji d.+~s nr~t a•t~•r ~hc 5..•~~e' srvr•a :y Lr~o':e d-ia• and peyol~!e, w~thu,it dc«~,:~d O~ nehCC,
er in the evrnt exh and every tFre st~p;,:at~ons. ayreements cond~~~u~•s a~d co~enants of ia el ~ ro~~~s~.•~ r~:or.~ and th.s nw~rgage any or e~d~er a~e nat
~uiy, promptly and !ui~y ~rfo:med, d scnarged, eaecu~~d. e~trctrd, canp;eTrd. co+.~p~~ed w~~h and at_~d. J 5y, th~e~ m r~~her or any s~ch event the se~d eg
a~cyate s~m men+:oaed i~ 3a~d proaussory nctr !h~'n remd,•+~:~g unpa~d. ~n~~th ~ntrra~>t ac:r,.cd. and e:i n:~~ncrs xi~tv~ed f~ereE~Y. shaE~ brcume due and pay.
ab.e forthwirh, ar Therea!rrr, at the ot~!.on ot se~d A1pR1G~GEE, aa tu~ty a~w~ comptrre:y as a'~ of ~i~r a.~.d sums of m.,~ney wcre or~g:nai~y st~pu!ated
ro be pa:d on wch d:.,. .+n~~h~;ig in sa.d pro,~,ssory notr or In ih~s h1o~~gag. to ~he connary nvt,v~:h~tr~.! ny; e~~d ~her~;,F~on or thr~cefrer a~ the op~~on of
sa:d MORTGAGEE, w~thovt nonce or dema~~d, su~t at law or in equ~ty. ~he~eio~e o~ the~raUCr bryu~~, +nay be F•rosrcuted as ~f ail muneys secured hereby
nad matorcd pr~pr to ~ti ~vt~+~t~un.
7. TAat in the e~ent that at ~he beg~nn:ng of or at any tune pend~ng any s~~t uF.~n rhis .Vo•fq~ge, or to fo~ec!ese it, or to refurm i~, or to entorce
~a.men~ O~ dn?~ C~a+ms !`~~e~ndar, sa:d h1JRTGAG.f Shd:l 3Ppfy 10 the Cou~t havu•g ~~r.s.1c'.~`~~ :~~~~:c.`! for the .{~~-:):~~I'nen! Of d Qete~raf, S'vCh ~o~~t Shdi1
~~~•h,nnh appe~~V a recr~~er Of said nortgaged prooerTy a~l dnd sinyu:ar, uu!~d ng a:~ e~~d v yu•a~ ;r~e ~cce~~•e, ~~ot:fs, ns~es .~~'d reven,.ei f~C~n wh..TevCr
s.-.:•ce~adr•~Yed e~ch and e~ery of wh ch, n be.~.g eruressr~- ~~,de~srood. n?err~~y n,er:~.+.;. cs as s~~ec ±~ca•'y i~•t fa!h a~~d eiascnbed m~he g~am~ng and
^3~11U:lT C!a~ses herMf, and strch Rete~ver shai~~ heve a~1 the br~jd a•~d rtfec•~.e tu~•:'.o~•.s and pu.+e~a ~n anq;~-~se ent~usred by a Cou~t to a Recr~ver, a~~d
s.ch appointment sh.t~ Lti made bw svch Ceu~t es an ad^~ittcd eq~~ty a~+d a~••attrr of a'.~eo.~ee r yht to sa~d 6tiJRTGAGEE, and v`~thc~t rele~er,ce to the
.,ieq„~acy w~nadr~uacv o+ thr val~e of the p~o,~r~ty mortgeged or to the se v~ncy or of sa~d A•.pRivAGOR o~ U,e def~~~~1e~,ts, a~d ~ho~ such
~~•~f. prOfits, mco:re. ~ssves and rever.ves shat~ be app;~ed oy such Recr~ver auoru,~~g to the ~~en or e~~~aY of ss~d tdJRiGAGEE a~,d ihe pracnce of such
Coutf.
8. To du'y, prompNy and fu!~y per'.orm, d~s:harge. execute, eff~~t, complrte, cu~~~:'.y wnh and abide by each and every the s+~pu:ations, aqreements,
:a~d~tWns a~d covenann :n sa~d pron~ssory note ant! th~s mar!yaye srt forh.
9. Tha! fhe e:e~+ ~he owne~shlp of tFe n,ortgag~d pren:~ses, cr any ~art tnc•ecf. 6ecoz~es vested in a person cther ihan the MORTGAGpR, the
~'JCTGAGFf +!s s.•ccess~~s and ass~gns. may, wr.hou! no~:ce to the ASpRTG:•JR, dea; ,n~~h w.h wccrssor w successor i~ interrst wrth ~eferrnce to th~s
o-rgege a~d ahr d: ot he•e: y sec~red in the sa~^e e•onner as ~~~h Lto~?3agc• a:a~ovr ~n any way vit.ating o~ d scharg~ng the Mor.qsgors' Gabilrty he•e-
_-de~ or u,~-n rhe dc b! n~: ebv r cu~ed. No sa e,f the F~r ~:ses hrreb~ ~~~o~igayed e~~d ~0 4orbrarance on the par~ ol the I.10RTGAGEE or its successors
o~ ass~gns a~d cx~r^s o~ o+ ~he ~.~,c +o~ rhe pa~~~~e~~f o'. the drGr h~ by sec~red q~~en b~ ~he L~JRTGAGE~ e~ ns s~uessors or ass.gns, aLatl opera~e
~c re~ease, d.scha:gr. ~^oo~f~ ~ha=~ge or affect the or~~~nal i:en.i.ty of the 1.10~iTGAGJR he~r~n, e~tF:rr in ahuie o~ in part.
10. It Es scerf~ca~ly rq.eed rhar tt~+e ~s of the esse^ce of fhis centr;c! a-:d ~hat no wa;~er of any ot•':ga+~on hereunder or of the ob'igation ae-
a:•ed hereby s~ai~ af a~y nn,e rhereattrr bt hcid to be e.+e:.er e4 the terms hereof or of She i•~strumcnt secu•ed hr~by.
Il. I~ _.:i_i• ro «e fereJC.•,~ ~^tr,'y .,.~is o' ~~^cca; and ~~rres• req-.,,~~d i~y the Frsr..:ocry ro'~~ s~_c~.,r<-d h:•eb~, rnore~ayor eovenants
~ ag-ces to';e~ :•rgi3ee v..~h ra:~. ~:,•,+h i Fe, rot an ad.i ,w,a~ s~^ti ~s~ •~r..~f br ••,c•+gs~re tu be eZua~ fo i ~2 oi r;~~• „n:,:;~1 cost of t6e fo~iow-
A-:..~ .ea' .;op<<ty t3~..s ie.~cd o~ ans_ss~:i ag.~, s• ~h•. above d~~s:nh~d rea~ es'a!.•
E-F. s-en f~~e and .~~'di!o•^: ~rsu•.~ ;e as ~~e~c n rcav.red to br ~a••~~d en tnc . •ovrmr~ts s'rva+e on th~- aba+e d-scr~bcd prem~ses.
C-Pre....u~s o, s~~i~ _ ge g.:a•s~,~ .,•s.•a~ce zs ~,~o•Tgegee sh.~! ..,-e r~ r:~r: d_~ : f~! te carry on ehe ~oan sec~r~d he:ebi.
E Morfgaa:e s^. _,.~-e ro •„e ~c -~•~,..sg.~ n•~,r:r:cg of +he a--o_~~ :i~o ~rd c~:ab'e hereundar and s~,cF. s.,., sha.t th~~re~pon be due and
._.ab!e on rhe c~•e of '•h~ n;~ •.,nt a•:d escti success;..e , o.;•h •~,e ra?r,r mcrtr.agee sha!1 r.o~.fy mor!~,~,~or ot a c4,ange in such
( _'~o~n!. $~th s:,~'s s`~ :x a~~~ ~ed ~y1mor<gayre ~o~a•d the ca~ment of re.3~~ ~;rcperty taacs, ins~~~~ce Frem.urns, a~.~d neprtyage g~aranty i~surante
r•e~^.~~ums.
IN YfFTN[5S ;:N ,Of *'r:e sa~d MORTGAGOR has he~e~~to set h~s h.~~.d and sra~ rhe day a~d year first afo+esa~d.
i
~ S ned, Sea' ~v En t ence of:
~ \ -(Seaq
i
~ ~ - - - - - (SeaQ
t ' (5ea1)
~
€ - - ' ~ ~ s~)
~ yy~~~. •
~i 5"4TE OF FIORIDA ' ~ e~~-. _
~ ~~u~.rr o~ St. Lucie ; ss. _ £~j t ~ "J , ~
Samuel R. Peterkin Jr. =°a•: ~ -
~ Befwe me pcrsonatly appeared _ ~ Y?~ ~ :and
r Shirle R. Peterkin ~ ' ~ ~ ~ ~
c y _ h~s w~fe, to me well knovsn. d.~inrl~,f(Zr.~i.'io•~e' .
k ~he ind~v~duafs dcur:bed in and who exet~ted the foregoing instrument, and acknowiedged before me tfiat they executed t~~!•~LQ(-t~p.'~ti~SoZei~
- Shirle K. Peterkin ~ ~
~ r~.e•an exp+essad. And the sa:d-.---_-_---~- J`.
° t Samuel R. Peterkin Jr_ -
~ «.e of rhe sa:d ~ up°^`ssep~fitb'iad prir~re
e.a-rs.r.a+.on by me ta*en sera•aTt and apa*t from he~ sa~d h~sband. acknowledged to and before me tF~~ she exetu!ed said inst~umeM irKly and voluo-
3 +a•;iy md w~thovt any co-npu~sron, co~stra~M, apprehens~on, o? fear of or fr~m her said husband.
; WlTNESS my hand and offic~al seal rMs 26t!h _ day _ A. D. 19 71
~
- - - _ -
No ~ ff~61~c in and (or the State of Fiorida a1 la:ye
_
~ My Comm,ss~on exp~res:
_ Re~um To:
~ ~ :
~ Firf/ Federal $avings 8 loan Assoc~ato.~ . ~
~ ~_i~ ~'1 ? . ~ i .i:~f:.i~ _ - ' {
` . . . . _ . . ~A N~ •o
F~It Gi~+ ~~.~rr:~.i Iil~ Lti.rll. ~ .1..~. +y
~KIbD1A i efnv e ea U w, o~~ qT64NQ~
~ 2n:)2i'~
a;
Th~s Instrument Prepared 6y J. D. Ch88tA1~t F~IED ~h: q~GOR0E0
First Federal Sav~n s& Loan Association ST• ~OUNTY FLA.
9 aOCEh Fu~~RAS
; of Fort Pierce ~ Florida CIERK i,?;LUIT COURt ~
,
~COFG YE k;~ ifp ~ . ~y
. ~
~ Checked Y- ~
r I 2 ooPH'1i
~ ~~~K1~0 1564
~z
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