HomeMy WebLinkAbout1506 3. To pince a~id c~Minuo~sty ktep on thc Lui:ibngs nuw or I~rreehet t~wnte on v~d ~and and un al; vy~y,~ncnt and pcrtionally covcrcd by Ihif mo~tg-
ege, w~lh stl prrm~u~m thercon ~•a.J in lull, I~~c ~nw~ancc :n ~he uswi standaril ~x'~ty 1urm, ~n a su~n ayNrc,lcd b~ 1he 61vk.e,%~viE, a~~d windilo~m
~nwronca in thn usuet ~ta:idar~ ~,oLcy fmm, in a aum aF~pro.r.d Ly dre MORiC~AC~EE, in such tompany or to•n~'.~r.~~•s as thr h'~ORIGAGEE may
direch and al) f~re e+~d w~nJstu~m inswan~e puburs On any ol aa~d bwtd,ngs, any mlr~r~t Ihctc~n or ~~arl thricol, in Ihe .n)ty. yet~ wm alOrefaetl or
in extH1 thrreal, shaU cont.~~n the vwal s1a~iJ,~~d n~o~tqec~ae ei.wsa or ~ud~ othei c~aute as the Mo~tyeyce n,ay re:~~.re. ~neM„~y Ihv ~oss untlrr t.~~d poli-
c~es, eath and ovrrY. payablr to sa~J h1UR1GAGtE as ~IS ~~~trresl may apprer, and rath r.nd e~cry wch {.:.~c~ shail ?,e p;oniyt;y assy~~cd ~~.d dciwcrrd ~o
eny hald by se~d MJRfi;AGtE es turth~•~ sciur~ly to Sdid mottyayr ~Icb~, antl, nof lets Ihan trn (10) d.~ya ~n •+:1. ~uce t,f Ihe er~>~~ot~on of ~ach pU!~t/, t0 de-
i~ve~ ~o seid MOR1t',AC•iE a~ena~wal thcreof. toye~h~~ w~th a recr,pt for ~he pren~wm oi auch ~ruc+~~il; and ~h•_re aF~.~~l t~r ~~o f~ro or r.r.~dafu~m inw~ance
plated on sny o1 faid bv~ld~~w~s, any intc~rft thetem o~ pa~~ tLcrrul, unlr~s in the (o~~n a+~d w~th t%~e ~ou psyet,!e as afvirt.+id; and in the e~eM any sum
of mo~~ey lxconus poyabfe ~nJrr s~~ch F,el:cy o~ po~~cius se~d MORIGAGEE 1~1JII IIdJC ~hr o{~}~on to ~ecc~vr .•i~d a{q y fhe se:nr On JLCUJ~1) o~ Ihe indebtcJ~
nCfs ScNrtl~ hCrCby Or tu pHn1i1 le~d /11UR1lJA~sORS 10 fcCc•~vN a~~t~ WO it Of d~~y f>..~t ~Ic.;c~.){ t,.r t~:n.~i ~.i:+; i. .~n~i._...t Ih i,r r,:~;.~~r~
~nq ~ny equ~ty, I~en or +~ght unilc~ Or by vfrWc C~f th~s ~nor•yagc: and in Ihe evrnt fad hlJ~2TGAGORS shn!I `or any ro,ison fail to kcep the sa~d prr~»;s,~s so
insu~rtl, or fail to dr6vcr pranpHy any ol sald FwLcirs Gt in~ur~ncc ro Sa~d MURiGAGtk, or i..~: i~ru~z ~,t~y to {~~y fu~~y any ~,r~•~~~:.~m th~~<•for or ~n any
teSptCt ~ai~ t0 pe~form, J~s:h,~ye. exrcutr. eJiect. ca~~p~ero. io:,,ply wilh d~~d df~~Ve F)y Ih~s covr~i.t~:~, or an/ ~~~.~ri ~~~•teo{, s.~~t~ MliRi:.•.1G~E mdy piaC^ d~O
pay Iw suth inwrnnte or any part nc~rcof wrthoul waiving w alleding any oNhon, I~en, rq~~ty, or n_;he undor or b~ v~~~ue of th~s Mc~tgage, and the
luil a~nount o1 each and e~ery such pay~nrnl sha~~ br im~ned~arrly due a~~d p.+yaWe a~~d s~~,~~1 baer i„~rr~s~ Eiurn tha daW ~hcrrot une11 p~~d at the rate o~
~+~.~e per crnt~m per annu+n ond tu~rthrr w~th such u~trri•s~ shai~ kir sac~~.•d by the !~en of ih~s mortg.+~r. -
1. To permit, conimit or suifer no wastr, impairmcM a drtr~~oraGO~~ ot sa~d propcrty or eny part th~reof.
5. To pey atl and singular the costs, charges a~~d eapenses. ~nclud~ng a reaaunai~le a~tomr~'s i~e ~~.~1 cr:sts ol abt~racts o! t~~!e, ~~~curred or ~,a~d af
~ny tin,e by sa~d MORiGAG:E, bccavse or in the eve~~~ of ~he fo~iurr on ~i~r vart vl Ihe :a~d MJRlGAGOR to duty, pro~~~,ry and f~ily Fr+form, d~icharge.
:•«~.ute, eHec1, co~nplrte, to~nply wdh ar.e! ab.Je by ea.h and ro.ry die st~p~iatrons, agrrr~n•~nts. co~~d~tions, a:~J covcn.,~~ts o~ s,nd F•~o~~~i:sory note o~.d tt~~e
.,orrgage any or e~~her, •~id sa,d costs, chargcs e~~d e~pensr~, each and every, shail tx im,n„d:.~trty d~e and ~ oynLtc; wh~•the~ or no~ +here Fe not~cc d-~
~~+.+r~d, ettempl to c011Kt O~ sui~ prnd~ng; and Ih± (u11 amOUnl Of each and t~'ery svch {~ai~>>~•~~~ S~~a~l lx~a~ u~t~~r.•i1 from Ihe dar~ therrol until pd~d et tlie
• ~:~n~- pcr trn~vm pe~ em~ua~; anc.' a!I said te~s~s, c'r~argrs s~d cx~~•~ises ~ncwred o~ NaiJ, ~oy~Si~rr ~v~th wch ~ntr~~•st, sLall be srcwrd by the I~.•n O4 thq
mor t9age.
O. That (a~ in the event of any brrach of this 'du.rgage or dcia~:t on the p.~rt of ~~~e• .L10~:1GAG:`R, o~ ,b) m ~he everil any of so'd su~ns oi money
h~~~ein ref~•n~•d to be not pranptiy and fully Fw~d .+~rh~n th.rty ~30~ d.~;s ne,~ ~~n~r thc s~~~+e s~•:e•.+ t~• beco •,v d:e and pa~,.L!e, wni:o~t d~~~~a~~d or ncnce,
; r(t) in thr event each and every ~he stipu:at+ons, agrremrnts, cor,d~r~ons and cuvenams o4 s~ d{~o:.uisv~ y nvtr a~~J rh•s mo~ tga~e any or enl~er a+e not
iu!y, promptly anif fu:1y performed, d.schergnd, eirwrcd, eftected, comp;eted. cum~:i,rd w~th end ai;~J d Sy, then in e~the~ or any such eve~~t the sa:d ag
~r~v3ate sum me~~nonad in ta~d promissory nute thcn ~ema~nir.y ~~~pa,J, wdh u~trrr;~ acci..rd. ond a i n~on.ie s~turrd hereby, s~w'i occu~ne due a:tid pay-
eb e fOrthw~fh, or thereafter, af thr op!~on of smd 610RTGAGEE, as t~liy a~d con~p:etely es il a`•i of ~~+c s,~•~~ s~~~ns of rnuney we~e Ongu~a~ly st~p~rated
be pa~d on such d.:y. .;r.yth~ng i~ sad prom~ssery note o: in ~his hloregaye to the co~~nar~ no+.v;~hs~a~:: ~g; .~~~d Ihi•r.~~~>or, or fhcrcelter af rhe opt~on of
s, c1 M~RTGAGEF, v~~theut nor~ia o+ demand, sud at !aw ot in eqv~ty, lhcrrfare o~ tl~c~rattcr bryun, n~ay be 4uoacivtcd as if a!I moneys aewred hr~eby
n,d met~red pnw to ,U ~nst~t~t:on.
7. Thet in the rvem rh~t at the beginn:ng of or at any time pend~ng a~y w~t uF~on rh~s Mo~!3age. or tu Io.rctose it, or to reform it, or to en(orce
C.avmCnt O~ eny Cf,~im5 !~a`•aunder, S~id n~ORTG~GEE Shd~~ apply to Ihe Courl hev~r.g ~~r~siLc!.c•~ thrr.~ot for the a:~i,o~nOr':rnt Of a Rec~rne~. Sy.h ~U~rt Shai~
t,~thwith appo~nt a rccr~ver of sa:d mortgayed proorrty aI1 and s~ng~:ar, ind~vl ny e~~ a~~d s~~~;u ar u~e mco~~ r, {.ruf~fs, issues a~+d rrv~7.ucs fron whatever
s: u~ct de~~~ed. ea.h snd evrry of ~nh.ch, be~ng eapress:y ~r.de~sr~ed. ~s he.• by nzvrtq~:q_•d as ~1 sp<c ~~ta!~y set fonh and desu~bed in ihe q~anh~~g and
F+t.endum davses hen•of, and such Rece~.rr sha~1 have a~l the br~ad ar.d rifrcrwe 1u•~er.::u .+::d s:o.tie:s ~n anyw•se entr~sted by a Cou~t to a Recr~ver, and
s;h apFwintmenr shaU ~,r m+de by wch Ceort as an ad:n~te~-d cq~rty a~,d a ma~rer oi abw'w~r r,yht ro sa~d A50RIGAGtE, a~d v.~rh~u~ re(crcrce to the
.~~i.•,~;;~cy or inadrqoa.~ of the ~diue o) thr prcperty mortgayed or to 1nr Savrnty or ~ri:i,~.~.nc~ Of Sa~d h'.OR~~'a%~v02 0~ t4ie d~•ie••.d.j~fs, a~~d thst Su:h
r.••,~s, pro~as, inco:ne, ~twes and revenues sha~l be app~~ed oy wch Recr~~r. ac:ord ~~y io the :~rn or eq~~t~ of sa:d R10RiGAGEE a<<d t}:e practice of wch
CourL
6. To d~'.y. promF:r!y and f~Uy pe~{orm, d~scharge. exec~r=, eltrcr, cw~q:le!e, co~~p!y w~+h and ab~de by each m,d ever•~ the st~pu!ations, agree~nents.
;ondit~ons a~d co~cnanis ~n aa~d pron.~:so.y note r.:d th:s rnor~ga~c scr for!h
9. That in the c.ent the owncrsh~p of the mortgaged }~aem~ses. ar an~ t>~rt thcrecf, becomes vested in a person other than the MORTGAGOR, the
Y.^,RTGAGEE, its w:<rssors a~d asi~qns, may, without ner~ce to the ,~tiOR1GAOR. dea: w~th such svccessor or s~ccrssor in inTrrest wilh reference to thii
~~o~rgaye ar.d rhe d~ut hereby secured in the same m3nnar as w~sh 1.1u:~~,go. w~ihou~ m any .vay v~Y,ating or d.scha~y~~,g the Morrgagors' liabuity here- -
. oer w uFwn ~he d-_br he~ebv sc«•~ed. Nc sa'e of fhe E~r~:~ses hcreb; rnortgayrd and no forbearance on fhe part of ~he ?~pRiGAGEE c~ i!s s~c~essa~s
ass~g~s a~d ~w ~,.s~rs:on ot ~he t~me for rne paymeni ot !he debt her~Ly eec~red g~ven by tbe M.ORiGAGE~ o~ its successors or ass:gns, s~~atl operate
!o reiease, d.scharge, mod~fy cFir.ge or affect the o~~g,nal liau.~~ty of the ti~URIGAGOR herem, either in whae or in part.
IU. It is spec~f~cet~Y agreed rhat time is of the esse~~ce of th~s co~,tract and ihat no wa~~•er of a~y oL`:g~t,on hereunder or of the obligation se-
cvred Mt~eby shai; at any tirr:e th~~reaher be heid to bc a wa~ver of the terms he~cof or of fhe ~nstrument secu~ed herby.
' e
I1. In _,cici r.^, •o fh.• fo~eye ng ~nsMy F;avm:~nts ot princ ~a1 an~ ~~,t: res~ requ~red by the ~,•o~•, sscr; „o~c• s_c~rzd herrby. mort:~33pr cevenants ~
d agrees to ~>a~ ro:•.~-!3~yee ~n~th each mon+h~y pa~~ ~ent an ad:i~~~onal sum es! ~.oted 6~ mo•~yigee to be equji to 1 12 01 t,ia ~nn,a! cost of the foliow-
A--:.!~ r~3~ ~rof~c~!~ fa.a:s ie~n~d or assess~d ay~~•~st th_~ acove desc~ib~~d r_af escate.
6 F~:~ s o^ f•~ and .v~~~dstor•t~ :ni~ra~ ce as ne•<~ n r: e~ ~ed to be ca~~~~ d e e th~• •r•~~:rove~nenfs s•t~ate on th: anove d-su:t,ed p~emises.
C-pr~~ r:u^ s o~ ~..h n,ort~ ;ge goa~s~~!y krsu•a• :e ~s rr~ytga_:ee sha!i fru-* t r:,e to t.~r.c d~e:m frt to carry on tne loan s! cur~d hereby.
A'ort~agec s~- _:r. T~o,e ro'~~•~e ne•~f! me•ry„c~er wr~!!~;g of the a:.oo•~~ d~~~ ancf piyab!e hereunJar and s~ch sv••~ si~aJ tfirreupen be due and
..ab'e o~ th~~ eare oi ihe ~~e.t n,o~th'y par~wnr a~.d eech wccess~ve :r,o~:rh rh~•.ea+T^r ~,i mc~tgagee sha!I rot.fy rr,orrgaqer of a c`~ango in such
i ~nt. Su.h s.; ns s' be app ~rd bv mOrt~3y ~e :OV.a~d ihe Ndy~*.°nT of real pro~:erty~ taees, insuranca pre~~:.ums, and r.:ortgage guaronty ins~rence
~ r~e^~~ums. I
q IN \V~TDJE~~ :':H~R~O~ r~e st~d MORTGAGOR has hereumo xt his har.d and se tne day and year first aforesaid.
~ S~gne~, Sea~ed a~a_d~'~~ red in the presence of: FILEO AMa RECORO~Q
~ ~ ~ -~--1~"'~"' ST.IUCIE ~"•OUNTY f w. ~ v ' ^ (S~a4
: _ ROC~~ P01?RAS l (Seat)
; CIERK C~~CU1T COUIIt ,
~ RECORD YERIFIEO~ -
~ - l5eat)
1~~ 8 3 28 PM'Z 1
~ , , SATE OF FLORIDA
~ _~~tin oF ~t. Li:cie 2 07 218
~ M. H. Fiuaeyc~stt
~ Before me personafly appeared _ _ _ - - and
~ Lula ~,Tan Hune cut ~
_ _ _ y _ his w~{e, to me well known and known to me to be
r-,z ind~v~d~a:s descnord in and who executed the foregoing ins~rument, and acknow:edged before me that they executed the aame for the purposes
~ Lula Van Hune cutt
rne•ein expressed. And the said_-_----_____-_ y ?
M. H. Hune utt ~
,~,fe of t~e sa~d ~~n a separate snd priv~te
~ e.a-n'nat;on by me ta~en separate and apart from he~ sa~d husband, atknowledged to and before me ihat she executed said instrument frreiy ard vo+un-
5 ra•~iy and w~~hout any ~ompv:sron, co^a~ra~nt, apprehens.on, or fear of or from Fwr said husband.
~
: WITNESS my hand and otfic~al seal th~s_ ___~1-_ _ day of__ rll A. D. 19
-~--f L~ r~
1 ..__~~~Yi- L[j~--~.i _~iLt~----
- ' Notary Pvbik in a~d for the State of Fbnda at large
_ My Comrmssion expites:
ae+~r~ ro: NOTARY PUILIC, STATE OF FLORIDA AT lAR4E
Firs~ Fe~eral Savin s 3 loan A~soc~at:on COMMIS.r,ION EXPIRES SEP'r. 23 j9]
~ ~ OOtiDED tHRU fRFD w. OIESTf1110RSt 3
- p~ :e:•~ F . -ec~ ~e .
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~Uf~ Pi~..CC. F~.'~'':jf ~ ~ , ~
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~ ~Y .I'~~~ ts %i, ~ •
John id Col.~~.:p~'~--~.,=J;' • ~
Th~s Instrument Prepared By • ? z: =
t?. ' . .
First Federal Savings 8 loan Association
r; of Fort Pierce~ ~''lorida .,~r/~,' , c.~~~~:
~ ~ ~
_ Checked BY '
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