HomeMy WebLinkAbout2688 . ~ • . . ~ •
3. To ptace and co~rinuu.,s~y I.eep on rhe bu: d~ngs ~cw er he~eaf~er s~~are c~ s~~d !and a~d on ar ca~~p -~ero and persa-a''y co.ered by th~s mo.t9-
sge, w~th ?11 premwms thrreon pa•d ,n f.,:l, I~re ins~~ance ~he i.i.~ai sto :da•d po cy form. ~n a s.. a;.Nro.rd br '~~e !1'~JR .•%~vE:. a~•d w~:~dsr~rm
.nsurence in the u~ual sfanda.d pu~~cy io~m, in a wri af,~roved hy t1.e MJRTGAGE[, ~n wcA :wr~,.~n> er co:r,~an.e~ as ~he AtQK~.>AGEE may
d~rect; ~nd sll fne and w~nds~orm 1nsu-a~cr c>oi~c~es on any of se~ bu~~d~gs, any ~n~eresf ehere~n o~ pa~t thrre~+, m ~F.e agg~~ga}e s~~.+ a~o~esa~d a
in ezcest the.eof, s!wil c~ntaln the us~ai s~a~xiard morrg.~gee c avse o~ such othe~ c.a.,se as the Idn~~ge~re ITId~' fE'.,J~~O. ~TdI~~~~C~ t~~e ~css undrr s+:d poti-
oes. each and every, payaD~e ~o sa~d A1JR~GAGfE as ~ts ~~».~rs+ n.ay apaee., a~d each end t.ery wch p„~.,r shr:~ ne prorryr.y assy~~rd e~•d de!wered to
any hefd by u1d MORTGAGEE as iu:~hrr srcur~ty ro aa~d ~~~urrya~e d.~ur, a^d. ~at ~ess then ien l~D; d.3.a ~.:•d•a~:<e o! T'.e exp~~o'~en o! ea;h p~~~cK, ro de-
i,ver to sa~d MORTGAGEf a rene~no~ thereof, fogerher w~~A a iece~pt fo~ ~~e pre^..un of wch re:~r....' a d+~~rre sha,~ Lr ~u ~~e or v.• dsTU•m insurance
placed on •ny o1 sa~d b,•~Id~~gs, any ~nfrrest ~here.n or pa~~ thrrrof, ~r~icsn ~n the fCrn: u•~d ..~~h r!~e :oss par~=~'~ as afc~esaid; and in ~he eYent any tum ,
of money becamei payable vnder sech poFCy or pol:c~es se~d MJRTG/+l+iE a!+ai~ ha.e sh: c;:r on to r~c.~:~c ap;'> the ~ame on acw.,.~t of the indrbted- ~
~eas seevrod heseby w to perm:t ae~d MORiGAGORS to reee~ve snd use it o~ e^Y eb, ~of e.:• o:~,. r~,~•. .s~s ~h 3:~ ~~~~p~~-.
~ng any equ~ty, 6en d~~ght vnder or by vuwe o1 th~s mor:~age; a~d ~n tht event sa d MO~iG~~~O+S sh.i'l 'o- a~y r:.cso~ fa~l to k~~ep 1nC sa~d p~emai_f so
~nsured. w 4ai1 to de~~ve~ pranpily an~ of sa~d Fwl~c~es o1 ~nsura~cr to sa,d MORtGAGEE. a~ ~•;:•~r +o i a~• iu:!y any ~~r~.~:~n nc~.eto~ or a~y
reapect fail to pe~form, d~scharge, execu~e, effect, con+pie~e. co~~p~y wnA •nd eb~de by th:s cn.r>> o~ any pa~+ hareof, sa~d MiiR1v~+GEE ~~ay piace a~d
pay lor iuch insuran.e or ?ny part thereof wvthaut vvawing a afiec`ing any oFt:.ri, i~en. equ ty, or .•3he u~.der or b~ v~~~.+e a~ rh~s Mortgage, and the
t„II amo~m ot each and e.ery svcl+ payment shali be ~mm~~afely d~e a~~d parab~e a~d s~.~.! h:ar ~nter.s~ trom ehr dote tn~reaf vnf~l p~~d at the ra+e o~
n~ne ptr cemum ~r annum and toget~nr v~~rh iuch ~n!e est sha„ t~e sew~rd b~ tht i:en of th~s matae~z- s
To permit, commit or suffer rto waue, impairment w drteriora+~on oi sa~d p~c~zerty w any ~.a•t thcr-of.
S. To pay all s~d s~ngu~ar the costs, charges a~d e~pe~~ses. ~~:~vd~ng a~easonac!e attprne~•'s fec e~d ccs~s oi absrrec~s ot t6Ne, incur~ed or pa~d at
any tima by aaid MORI3A~EE, LYCaust a iryl~e+~t of ihe la.iure on elx part ot ~he s<,:a A6,~RTi>AGJR !c d.,.y, ~~o•~ptly and fw~y p~•~form, d~scharge
>xecuta, effed, ecxnpie~e, conpty w.ih end ab de by ea:h and eYrry iix a!~p~:anO~ts, agrr~•~.r~is, c0~~.1~t~on1. and ce.e: a vs s>•d pro ~..>sory noro a~+d ihls
~rtgape any or e~ther, and sa d costs, charges e~d exprnses, rach and evey. s1~a~t ~ ir•,~~~ ci~at.•'y d..e and pa~-t;:c, whc•~hcr o~ not there be ~or~ce d~
~an~, attempt to ta:iect o~ su,t pend:ng; and the f~1: or.~c~nt of each and e~~e~y s.~ch u,,,me~T s~'~ bca~ ~nr~rrsf 'rom ~he dare t!~e:eot ~ntii paid a~ the
~ o~ n.ne per crn:.~~r F.rr an,..n, on~ a~i sa~d cosrs, c!~arges and cw,enses ~ncv~red or w~d. ~oyr+hrr N,th s.,.h ~r.+erest, ahe~l be setured by ~he I~en of th:~
mort~ye.
6. TMt (a} in the evMt of any breach of thla Mor:gage w defo.~it on ~t~ r~~r o! r•e t.'Qw;G•^.G;?P, ~r ,b; ~n the evrm any o' sa:d sums of money
herein refe~red to be not pro~~~c':y a~d f~Ity pa~d .v:eti~~ th.-t~ 3J1 days ~~c.' a"•_. ``~c s.~^~e Sv-+r•d"~ bc.o=~e d.~e an,~ payab!e, w~~•~ovt drmand or nct~cc.
or ic) in the event each and eve.y the stipviahons. agrecments. to~dr.~o~~s and cove~ant~ oi aa d i-o • sso~~ netr and Th s rUrtgagr ony tv ent~er are nol
i,;i~, promp~ly end fuliy performed. duhar9ed e~ecu~ed, effeceEd. comp:ett~. comp.~e~i ..~~h a~d at: a~d ~r, t'r~n m e:~hrr or any s~ch event ~he se~d ag
_ cgaTe wm menr~oned in za~o ~•ra~~+sso~y ncTe tnzn re^~a~mn~ un~:a~d, w~?~ :~~r'r;t ar...ed. ~~:o ~w~~~•~s sec..~ed herebr, shel: become d~e snd pay- 3
e forthw~th, or therre'rer, a+ fhe on*+on ot so~d M0~2~GAGEE, as f~~~y arr3 CJ+r.~~f'C Y d1 if a~ oi e'~~- sa d s.:•~s of noney v~cre or<g~na:lY st~pu~ated
~i be ~d on svch oay, ar.~th~ng ~n s~d p~an,ssory note or i~ th~s Mo~tga~e ~o th~• .Jn!~ar~ •:J~a.Nh~ta~,d.,g, and thrrcu~o~ or thc~ra`tcr N Ihe opt.o~ of ~i
s- ~ MORTGAvEE, w~thout non;e o~ drmer+d, su~t a~ ~~w or eqw~y. thereiore or tt~erea:~er b~g.~n, nay be prosecuted as ~f a11 moneys sec~red he+eby ~
n: d matured pr~or ?o ~ts ~~st~ruhon.
7. Ihas in tfie event t~af at rhe beg~nn;ng oi w at aoy f;r.+e pcnd:~~9 a~y s~ ~ u, o~ ~h~s l,Fa ±~age. c+~ to forecfose it, or fo reform it, or to enforce ~
paymeM of sny clams hc•eunder, sa~d lU1JRTGAGEE sha~t apN~v to th~~ Coa:+ ha.:~~g ~~~•sd,ct.on :h~;cof for the ap~ann~eent of a Rece~rer, sv:h ~o.;rt shait
fo:thwrth sppo~nt a rcte,.er o1 said mortga~ed prooerty a~~ and s~ng~:ar, ~nci~d ng a~~ a~d s~:~y~ ar the ~:xome, profrs, ~ssues ana ~ev~nves from whatever
~o~ce derived, ea.h and every of wh~ch, be~ng eap*eas'y unde~s:~. n Fereby me~~3aged as spec•f:caiiy srt forth and desa~bed in the grant~~ end
habendum c:s~us herc-oi, and svch Recerver sha~t have sil t~e b~~ad and efter.ve +v^c• e~-~s ~nd powera ~n anyv..xe entru:!ed by r Ce,.~t to a Rece~.er, a^d
s.;fi appointme+i+ shali be made by SVC~i COJft as an ad~•~i+Trd eq~ir. and a.*~a!ter of absou~e right ro sa~d MJRTGAGEf, and wnh~ut referente to 1he
edequaey w inadeGvacy of the valut of the p~operty mo!tga~rd or to !he So ~rn~y or msc .ency of sa;d MORiGAvOR o. the dete~~da-.ts, and that svch
r~nrs, proi~ts, ~n:one, iasves and reven~es shall be app~~ed ty svch Rrcr,ver ac:o~c:ng ?o the 1~en or eq~~ty of sa,d Mv'RiGAGEE end the p+act~ce of suth
~ OU I'~.
8. To duiy, prompt:y and fu~~y pe~~o.m, d~scharge, exe:~te, efie:~. m^ry~~ete. comply w:th sed ab~de by ea:fi and every the snpu~ations, agr~ements.
cor.ditiora sno covcna-,ts ~r. aa~d pro::~~sso-y rpte and th:s m~~tya~e se~ eo••n
9. That in the e. the owne•sh~n of th- mo~tgaged pre^ :ses o~ r~~~ part tnercal, becomes vested in a pe•son other than the MORTGAGOR, ihe
._^RTGAGEE. its SvC:'. ~SJ~l and ass~3~s ~+ay, w~thout ner~ce to the hS~ k?GS.~,R d~-a ..~fh s.,:h svccessor o~ S.CCifs~~ etEr~S~ w~~fi relerence to this
c•r~sge and the d;.' t.c•e:•y secured ~n the same n:anner as ,nr.h tr,o•r~a~o• w:th~~r ~n a^y .voy vrt „ti^g o~ d~sc~a~a:~~ tne Mo.tgago:s' :~abu~ty here-
~-~:ier or upon rhe d_:~ h~-•eo. s^cu~ed No sa;e of the F~e•.:ses h~•reo, :-~o:sg±ysd c~•d ne ie•!~eara~ce on the part o~ r~e rJ!JR1~%.GEE o~ i's s~ccrssors
r ass~gns a:~d -~o e>~~~^_,~^ u' rne :,me for ri~ payrr.enf of th•_ debt h~.c:.y sc•:~-ed g~.cn br' rhe MJ~?F%+GE`_ e- ,ts s~:cessors or ass gns, s.~a:l operate
~o re~eax, dacharge, mod~fy zhange o~ a4iect the o~~9~nai i1a:;":!y o~ the Mi.~R?GA~R here~n, e~tt~r ,n v.fwie or sn part.
10. I! rs snc: 4~ce:~y ~~o.eed rhs* r~~+e ~s of the essence of th[s co-~::acs and that n~ N-a~ver of a~y oi' ~er,on hereunder or oi the obiigation sr
c~red here6y s~a: at any hme thereafrer be h~:d to be a waive~ of ihe te-ms hereot or oi tfie ins'~~•^~eni secvred ke•by.
I1. in a~~: r_. rha ;o•eg~ .,i ~~.~~y payn_ents of p-~~c ~nd sr 'eq~ "d r,r the ~.o--, is_.., -~c'r s_.v ed hc eb>'. mortgagor covenants
~ y agrees te pay r~^~..,-!gaoee v.~ih r~;!+ ~-cn+h'y ~ar' ~.rnt ar eo.: ~~~a: s~~~ .s• .::rco o~ -~o•!~.,y-er to t>e eq,:e~ to i 12 oi a.i.,~a; ,cst of the 1of~ow-
A-A:: -ta~ propr.t; raxrs ie:~~~ x aascs:~d ag~~•~st t1~c at~o-.e desc.;'t. ~•_a; es~~e
B F.-,•-s o^ i~~e a-+d .+~~dstam ms:;-arce an be:e~r. rcq~.~^d to br car.~ed er. ;h-- :^+;:•oveme~ts s;`~a'e en the abeve dc<_cnbed premises.
C-Pre~~.,.. • s o^ ~~:n mo•~ :-.ge g.,a~a~:r, ~esv:a• ce as mo„ga_••e s~:= i f•o... •-„e , ~ dce~, f~ to c~rry on r'se !aan secured As~eby..•
Mo•+y~aec s•~~ r~~r r~ r~:e -c o t,~ge• m v~~.~.«g ~f the a^ o~~t 7,;e,and a:ab!e hereundr• a+~d such suT shai! ~~!~tt arxl
•.a5?e on rh~ ,,e c._•~ e+ r~~ •nc-tn ~ oa, _.~t a~d ee:~ s„ccezs~ve *o•r~t . E•FBj~_. u~'~~ 'nG/P3~gCE sha!f not.fy nwrtga,~'~fi rtC~uch
;,vm. 5+i:h s~~ •s s~ c.e aN ~~•d c.~ mortgac_~• to~a:d tne pa~R~e-~! ef rea~ p•coe*~y taaes, insura.~ce pren:.urns, a:d moi~`
,~,,~~~~N,~~Mlyti~fKe
~ .~-emiums. .Y"},'~ _
f IN WITNE~= ::`-?EF':O~ +r~c• sa:d MORTGAGOR has hereunto set his har.d and sesi the da~ d year first af re d. f~~~'
` S~y . Ser1 led a~~d de'«•e• m the presence of:f Il~a ~NQ RECO~Q~4
~ a_~ ~ ( G-~, ST.IHCIE COIIM?Y ~lA. $Y~ .
, ROCfR POITRAS OSe ~ .
~ ~ RECORD YERRFtEO C~ test _ ~ • ~
~ ~ ~ ~ ~
P. \ ~I I
1~,'~////~~t`~ .
~ - ~5 9 S9 , n
~ • ~
~ .4TE OF FLORIDA ~ p 6 p 3~?~ ~OUNTY OF ST. LUCIE
~ I HEREBY CERTIFY, That on this - day of-- ~b , A.D. 19
~ before me personally appeared _JoBeph A6oni and ~~ehe P6oRl1
~
~ ~espectivety Presicient and Secretary _ , of
~ l~errywesther Investaeat Co. , Inc . a_ ~o?'3da _ Corporation, ro me
k~own to be the persons described ~n and who executed the foregoing ;nstrument, and severally acknowledged the exe- ;
f -~t~on thereof to be their free act and deed as such officera for the uses and pursoses therein ment~oned; and that they ~
~ .
~=~;xed thereto the official seal of said corporati~;~'~"thg,~aid instrurrwnt is the act and deed of said corporation. ~
~ ~/ITNESS my hand and official seal at F~rt Pieree t~ . , said county ar.d state.
~ This inatnseat PrePared b7 '_'i.~
~ John i~1. Collins = ` ~r¢~ : ~ ~ .
~ Firat Federal Savings and Loan ~ = ` ~
~ublic, in and for State and County aforesaid.
_ As soc iation of Fort Pie rce , F1orS~G . - - ' ' ~ P ~ a ~ ~ ~
_ r ISS10~1 EX If
~ ~i.' ti. Q~: , v= ~ t~Mhlp°-tON EXPlRES SEPT. 23. 1~
y~.•' tONON tq~Y f~ ~ M~'fEll~~
_:v_s~...~
~ ''''•~:.,,,.,.~'~~=F'
Checked BY - - u.
~ S~ ~t~ .
- ~
~;L
~ . . . . . . _ a , r,>~v"~~'