HomeMy WebLinkAbout2066 . i 1 i 1, i
3. To place and co~~rinuou~~y keep on the bu~'dings now er hereafre~ s~r~ite on s.,~d ~and and on aL' eq;:f;~.nem and pe~sona'.ly covNred by ~his mortg-
ege, with sll prrn,~un,s thareon },ad ~n full, }ire i~tswance in ti~z ~wal s:anJard No'~cy furm, in a su~n aF~~o+rd b~ ti~r hl;.,it~G~'v'EE, a:•d winJstorr~
~~~surancr in ~he usual uar.dard po!.cy fo~m, in a aum aFpro.rd by the MORIGAGEE, in svch con~F~any or co~n,:an~es .;s the h'02IGAGEE m,~y
drreCl; a~d atl fire ar.d w~n<lito~m insurance polit.es on any of s~~d ?w~!d.ngs, any inler~st t1~er~~n pr part thcreof, in Ihe aggr~:yate sum atOresaid or
in ezcess thereof, iF,all co~win the us~al sta~:da~d mortgeq•_a ciause or s~ch o~he~ c!,~se as ~he A1o~~y ~gre may requ.re, maA~ng th~• ~ozs unde~ s.~~d pofr
c~~~s, each and eve~y, payab!e to se~d !.10RiGAGEE as ~ts +~~r~,r~~sr rnay appear, ar~d each a~,d e~e~y such ~;o :c~ s~~a~l br pru~~:~.fiy ass y•.rd a::d del~vrrrd ~o
any held by sa~d ~ti10RIGAGEE as f~nhar sewnry to se~d ~•:o~tg.~ge d~bt. and, not .ea ~hon f..~n ~IC) d~yi ad:.,~:ce ol ~h~ e¦, 1r„~,un o! each poi~cy, to de-
I~~er to sa~d A\pRIGI~GEE a renec.ol ther~of, toge~hz~ w~rh a rece~pi for ih.• pr~•,t~~~m o( s~ch rene+.a; .v~d ~I~~•rr sh;il b~ no f,~e cr vu~:.dseo•m insura~ce
p+aced on any of ~a+d b~i!d,~:gs, any ink~res! thrrc,n o~ pa+t ~he~rof, un`~ss in ehe fw~r~ a~,d ~v,!h tF~e iuss pay~We as ofcres.,~~i; and in the event any sum
o~ mp~ey betOmef pay3b~e ~nder :~ch policy o~ poLues sa~d htiJRTGAGfE nh~fi have ~he cp! on to ~ca•~.•c r.nd .,pF::y tl~e s3~,~e on aao.,.,~ of the indabted-
nrss aecured hereby o~ to perm;t sa~d fAORTGAGOR$ to retrive and use it a any i,.n rn••.,•~I t.,~ o~~~• r~.,;;; -,s~s +'~•...:t ~h,•~ ~,,r ,•~~;~.:~r-
~~g any equ~ty, lien ot riyht under or k~y virt~e of Ih~s mcrrgag~; a~~d in the evi•nt sa d AIORTG:~GpRS sh i:~ fc~ any ~~,asun (oi? to keep ~he sa~d prem~ses so
~,nsured, o? fail t0 daliv~~ proinptly any of Said poLt~rs Of inwranct to sa:d 6~ORiGAGEE, er t,,:' •.•~~pslr ro~~~oy fu.~y any p~r~n..;~n ti+r~efor or in a~y
re~Frct fje! to pe~fo,m. d,sc!~a~~e, rxccute, eHrc~, complefa, co:t,pty .vi~h and ab~de by th~s c~.e•,a•:~, e. a~~y p.~,~ h:reof, s.~~d 11C;RTG.:G~E :nay piace a~o
pay fo? such insur,~nce or any part thereoi without waiv~ng or afieuing any op~,on, lien, eqv~ty. or n~~it u~:da+ or b~ v~~tue o~ rh;s hlor!ya~e, and thc
f,,ll dmount O) each and e~ery wCh pdym~nt ahall 6e irr,m~diately duc' dr.d payab!± a:d sha!i b~ ar int.~~,st frurn Iha d:,te th~ieOf u:~t~l p„~d at Ihe ~dte o1
~:~e pet cent~rn per aiin~~ n.~ntl tJJ:lf~a! ~n~!h sut.h i~itrr~.s+ st~a~~ h.~ aet~r~rd by the i~en uf th~s mort~egc.
4. To permit, commif o~ svfitr no wasle, impartm~nt o~ detrrwr.~non of sa~d ~.rcF;c•rty or any parf th~ reof.
5. To pay all arxl sif:g~far the costs, charges and expcr.aes, ~n:lud~ng a r~~a;o,~_i,!e arrcri. ~'s i_., ~d ccsrs ef a!~s~~„c~s o} t~re, ~~~cur.ed or patd at
any ~inre by sa~d MORTGAG.`F, because ar in rhe eve.v o? ti,~ }e:iu:c on ti~e c~rt of tr.e s,:d hl.~iiiGAGUR to du~y, pro~ F,riy and f~,tj <<~rtor~~, d~scnarge.
>recute, effeet, een:p:rte. co~nply vc~th and ab.de by e.;ch a~ d~v.rry ~he st:;,~:a+ o~,s, agr,.~:e,._..ts. co•~d ~~ons. and co.r~•a;,rs oi s::d ~:•o~nr,sory noie a;:d rh;s
,:wtgage any ot enh~~r. e:,d Si ci costs, tharges and e.prni~~s, eaih ar~d ~v~~ry, siw i ba ~r•.,., ~i~>t~'y dvr and p ~y ~'e.'r: v.hc!her w not th~~re Le not:ce d•~
r„~nd, atternpt to cot'+e<r ur s.~it pe~;d.ng; and ihz fui! a~nount oi caci~ anCJ e~er ~ su:h r~.,~ si ,!i b•~ar _ r••s! f~wn 1he d~~e fht•rro4 until paid at rhe
o~ nuie pfr cdntu~n <<~: [.n~w.»; ~nd alI sa~d tus+s. U,a:g~'s and ~..:-~~~„_~s ~rKU~r~tl or pa:d. tu,;rthrr ~ti.tfi w~f~ u:tcrrst, sf~aii be SeC~rcd by tha i~rn of ihi!
r.~orfgsge. ,
b. That (a? in tbr e.~ent of any breach of th~s hlortg;,ge or dej~~ir on th~ p:,•~ ef i~..• ;"J~~C,.~G:`F, or 'u :n t~,e c~,~n? ar.~ af sa'd su:r,s oi rn~ney
herein refaned to b~: not yrc;~.; +Iy and tully pa~d .•:~tt,~n th.~ty ~3.:' d.,;s a•• • ihe s~~:.e se:e,e ~ t:~•co d_;~• .,•,c+. F:;;~,i,:e, ~..~i~,oot d~•:~~a~d or not~ce,
:r (c) in thr event each an~ N.~•~y thP stipu~ahons, a3rc'ernents, co':d.:,u ~s and c~we,:a~~~s o` s_; d yro,uss~~; ~,i,r: a~ d!h.s n:erty,y~• any cr eaher are oot
!.,!y, prom~ptly a:~d fui:y p~~tv~med, d scnarged ex~wted, effe:trd, comple~rd, con~;,;:eo .r,~n end ar .f; v~;, ih:n ~n rnhrr c~ any s~ih evenl the sa.d ag
~reg~te wm mennoned in ;a,d { r~•nissory nGte tn~~~~ rema~n~:iy unrd~d. with n v~rest .,<:...rd, a-~J .s .~,u ~.~-.s :..,..,•:d hrrei sr.o i u~cv~n? d~e and pai-
er o fOrthwith, or thereafter, a~ !he out~on of s.;~d h10RiGAGEE, as tu~iy aeu! com~;,etely as ii ,'t ~f t~,_~ s.: d s„ ~~s ci n.u•,ey wrrN ongu;a~ly st~pu~ated
re be pa;d on such d:.y. anyth,~~g ~n sa d pro:r.~ssory note or in thn hlo~tgage to +h.: conrra•; n;;t..,ine!,,•,~: ,y, .3, d tF,,•rcu~:on or thc;, attcr at ~he opt~on ef
Sa:d MORTGAGEE, w~~ho~t not,;_• o~ drmar:d, suit at law or in eq~~ty, therefore or ~t~~r ~~itrr b~-y•~n, n,ey L-~ ~•rosecvtcd as if a'i monrys setured hereby
nad matured pnor :o :ts ~nst~tunun.
7. That in the event !hat at thr beginning of or at any t~me pend:nq any surt u~:on fl,~y ;~~~rtgage, or to foredose it, or to rcfo:m it, or to enforze
payme~t of any clain•s he~eur.d^r, said A1UR7GAGEE sha~i ai>p~y to rhr Court heoing ;~nsd.;r.on the~•_ut fer ~h~• aE ~.o ntn enr of a Reccwer, su.h Court shail
rcr!hwith appo~nt a recei:er of srid m.ortgaged prooerty af~ and Sin3vlar, ~~ec;~d ng o,i a~~d s:~~:~~'ar fF.e u,cc.,,e, F~•ot.ts, bs:,es and re.e~-urs trom v:hatever
s:urce derived. each and every of ,tihch, ~s y~~ng e~pr~ss`.y vnde~s~aod, is r:err~y ~nor.y,,ged es ~i sp~cJ~w.~y srt forrn ar,d d~~scr~Grd in ~he g~anring dn~3
h3hendum ~lausrs hereof, and suth Rece~ver shali hava all the b~oad a~d efYcK~ive fu~~.! c~i; and po::e:s u~ ~nprr.z~ rmrvstrd by a Ce,:•t to a Receiver, ar~d
s,ch appoiniment shali be made b~ such Cc~n as an ad•,it~ed rquify ~nd a matter cf a:.sa~„te r:ght ro sa.d h',JRIGA~EE, a~~d 4rrth_ut reference to the
±d,~quacy w inadaa~acy of rhe va:ue o~ the prope~ty mor~gaged o~ to f~)p SO•VN~~Cy er ;r:>c~:e~cy of sa~d rAORiGAvJR or tf:~ d~.tend~nts, and that such
r~•~"s, proffts, inccme, iis~rs and revenues sha~l be app~ied 'oy such Rece~rer accord~ng to the {,en or eqo~ty of sa:d MORTGAGEE .~~:d tt,e practice oi such
LGUf1.
8. To d~:y, promprly and ful?y perfo•m, d~scharge, execvr~, effed, comptetr, comply w;fh and ab;de by each and every the st(pu:at~ons, a~reements,
_ondrtions and ccvenaivs ~n sa~d prom:s3ory note a~~d th:s m„rtgage set forth.
9. That ~n the eve~t the ov.rerihip Of the mortgaged pr~m:ses, or any part tFcrrof, becomes vested in a person cther than the MORTGAvOR, the
21GAGEE, rts wccessors and ass~3ns, may, without no!ice tu rhe :~':GRiGAOR, dea; wrth such successor w s:,cca-ssor ~n ~nte~rsf wirh ~rfrrence to !his
•o tgage ar.d the d:rbt h.,reby secured in the same mar.ne~ as wirh 111~rryagor •w~th;;ut in any way v~t.oti~g or d scha~g~ng the 1.5cr;q~gori I~abihty here
:.~der or upon rhe debr her_bv se:vred. No saie of tt~e premises hcrrby n~ortgaged a~~d no fo:bearance on the part of tne /~IORi~AGEE or its succeasors
cr asvgns art~ no exters.o- cf fhe t,:ne for the paymeM of the drbt h~rcL•y scc~red g~ven by the l;!~RTGAGEE o• its successors or asSlgnS, alidll operate
ro:e:ease, d~sc'~arge, mud~~y c~ange or affea the or6y~na1 liab~t~ty ot the 6•,OFiGAGpR here;n, eitt,er in vvhole or in pa~i.
t
10. It is speCfi-at~y ag.eed that t;me is o( the esse~ce of this co~~tiac~ a~~d that no waiver of any ob'lgat on h~reunder or of the ob:igation se-
c~red hereby sha!! ar any t~me rherea!ter be h~:d ro be a wa,ver of the rerms hereot or ot the ins~r~ment securcd herby.
11. In atid t:^~ 'o !he foreqo n~ mu~rh!y payrn_nrs of princ pa; and ~merzst requ;red by the prom. sscry r.c'e sccu-_d he~eby, mortgagor tovenarts
~••d agrees t~ pay ~o -:.-tga~_e nnh each mon~h'y pai~ ent an ad-J r~onat sum r:~ ~ ared b~ ~;o•tgagee to be e~uar to 1 12 of t::e ~r.r~ual cost of the follow-
„3.
A-A!f rca~ prcp~,rry ta,c~s lev~,d o~ ass:~ss_ci ag.;i:st thc above dcsrribtd r_ai es'ate.
B-Pre~, s on t,.e and .v;ndz~o••~i ~nwrar~e as her,:~n rcy~:r~d to be can~.. d c~i thr :m; rovemcits s:s~at~ on the ahovc d_saibed premises.
C-Prem;ur~s o~;uch mo: r~ ~g~ 9~j~3~11~ ~r.surar cr, as mortgagee s~alt 4rort, r me fo r;~n~ dec•m fit to carry on the loan secured ~~ereby.
9 9 e agcr ~n ar~t~n o~ the a^ o~~* d~•~ and s able her
htiort a~-e s~~ n.~ fo n~•. r.r.~f, mc.+_. g F~ y eundar a~~d c~ch su r s, i 7 thereupon ~e due and
;~;ab!e on th., ri.,e : cf ihe n~•„t .:or;th.; pa~,^,:,~t ard each wccessve ^~onth tn~reafr~r ur.T,i mcrtgagee sha!I r~ot:fy mo~ryagor of a change in such
.~~~~v~t. $uth s.,~~~s s~ arp~~~d vy mer,5ay~e tov:ard fhe payrr.ent of real preperty ta~es, insurance prem.ums, a:ed mortgage g~araMy insurdnce
,.'~mium5.
IN WtTP~E`~? ::H=~:G= rh~ sa!d MORTGAGOR has hereunro set his hard and scal thz day and year first a(oresa;d.
Sigh d. Seafed ,d : er i the ptesence of:
~
ice . ec e is, a ~ricTow `a~ >
,`%I - ~ - c5est) i
F ~
lSeal)
(SeaQ
~i:.Tc OF FIORIDA ~
St . Luc ie
~DUYTY OF _ (
Befae me penonally appeared _ AL1CE' H pE'CiC@115 ~t
to me vvell known and known to m! to 6e
!~e ind~vidual~ descr~bed in and who e,cewted rhe foregoing instrumant, and acknow~edged before m.e thaf t16~t exec~ted fhe same for the purposes
therein expressed. i0~rwi-fi~s~ii_~__~___~---------------- S~l@
I.~~~I~l~!!~~_ _s_t:~_~-~~~ ~~.~~~~=t:~~~~~~.~~ -a~~~_ ~ ~~.?LpA~~iYPifafiiOd.~tYtaS6.
e .e~w~watie~rby-.w~ }e4er. se~pe.a~r s~d ~pr.t-h~orn-her ae~d-I,eabe.,d -ae;.ifnleciged•.r~ ~:.d-befo.e-.we-~I~a? ~+v ~+wewed-s«~l :rK+w~ow~s froe~y-aud aid.w-
rafriy ~Dd-Mr,{ilYUi ~4y-lAmj,luKpR~ <a'i7ii W1~. ~~f[b9pti.pslr ~_/oac ~L wr_f~.hor~sid bu~bmd
WI7NE55 my hand and offic~a! seal this_ _ day of_~_____~a C
a. i9_.Zl
~ i
n
- ~ ' ,~c - _ , ~J .f ~
Norary Pubt~c and 1w t~ S+a e.~o ~t'taf/i:
My Comm:ss~on expires: ~L • %
Retum To: ~ 7~ • J r': ~
~ ~ -
Firs/ fede~al SaY~ngs 3 loan Associ~i~u~ ~{LED Al10 RE1'i~ROf G~ ~ +
o' ~ ~~t ~ . tT.IUCiE COWITY ~ ' , _ _ :
F~<< P~e•cr. Fi,r d3 ROCfR PO~Y~AS : d = - % ; _ '
CLERI[ C~RCUIT COUR - r,'•, ~ ~ • r° = ~
AECORO YERIFIEp ~ d ' -
•...-.-^'y
_ i.~r.,
7his Instrument Prepared By RiChard K. Kayes ~~(Y y2 ~
First Federal Savings 8 loan Association
of Fort Fierce ;
2t1553'7 l
Checked BY _ . - -
~O~R~90 • .
_ . . s
~
- ~
~ ~ _ ~ ~ _ -
_ . . r:.~