HomeMy WebLinkAbout2591 3. To plate a~d a~nrin~c~sly 4eee on the 6u~.d~ngs nu+v or nrraafrar sit~etc on s.~~d 1,,nd an~ on a~I r~.:~p~•~enl a:~d personally covered by thi~ mo~tg-
ege. With sll premwms Ihrreo~ pa.d ~n fu~l, fue ir,s~rence ~n the i.s.:al a~~i~,rd F~ :cy iorm, in a s.. a~ Nro~rd b~ tnr Ai,.~R~v:.GFl. an~i windstOrm
:nsurance in the usual s~.,ndard poicy torm. ~n a sun; a~;:ro.eJ i~t ihe MvRiGAt:,[E, in such ca~~~Nany o~ cc:n~;a~il~~s as the MORiGAGEE may
d~recl: •nd aN fire a~,d w,ndsr„~m insurance pu~~t.rs on o~~y ot sa~d twi!d.n~s, any in~rr,:,t ihe~r~n or part therrul, in fhe aggr•:yoTe sum atorosaid or
in exceu ~hereof, shall contam the .:s,:l s~n J.~rJ mortqegae i~~sz w sv;h Othrr ~:,uee as !hr '.lenya~~e m~y ~,::~,,.rr, ~nol~ng t~~a wss undr~ sa~d poir
c~es, each and every. pati:~:!e to sa~d •.tORfi,4GEE as ,~s v,i~•r~st ;,~yy ayp~•ar, dnd each and etery svch i,;,.~~ .L~!I ~e >>r~:~~N~:y a?sg~~rd a~~J de;~v~red ro
eny held by sa~d h10RIvAGEE es f~nhrr s~c~u:rr ~o ss~d n.o:~~.yr d~u~, a~~d. not less !h~n tcn ~IOi d~,s in ad,.i~~.E pf th~ e.~.~ral.un of each ppl~cy. to de-
liver ~o said A10RiGAGEE ~eno~.ta! Il~wcOf, tOye~he~ wi'h a rrCr~FT lor ih.~ 4r~nu~m Oi S~:h re~~~~,na~; .,:~d tfi~'re S`~a:~~ t.._• i~o f:re ur ~~;~+~}Sto•+n iriiWanCQ
ptated on an~ oF sa~d b4i'd~ngs. any mt~=rest ~im~c~n cr E:a~t N~_~rrcf. ~.~4ss in ihe fcrm a•,d wdh ~he ~oss ~3y.,6!e as a'c~es~~d: and in the avent any sum
of mooey becu~nes payaLie vndcr s~ch poiicv or poLc~es ae~d `dJKTi;AGEt ~h.,l: he~r ih~• oNr en to rro:~.~~ .:::~I a,,; 'y tlr: s.,~ ~e on a~_o~ o( the ~ndrbtcd-
ness secur~d hrreby or ~o peru~;t s.~:d MORTGAGORJ ro rec~•:.e a„d use ie or a~~~ .~t rn„~~,,~ e~,, cr~~• ~ s;..:. .z, s ...~I _..t ~h or ~~,~p,:~~-
ing any eq~;ty, Gen or r~9hf und.rr a by virq,z of ~hn n,cray+~c; .~~d ~n ~ne evrm ia,d h!0~2i(:,Ai,URS sh+!i `or a+iy ra.,son f3~I to kaep ~he sa~d p~emise~ so
~~~su~rd. o? lail 10 d-~'n~~ p+omptly any of s~~d po~ t~~s o( ~~w~a~ue lo sa:d A1C)RfGAGEE, et i~.: ~::on ptiy to {~ay fu fy a•~y ~~rr•~v:vrn thrr~~for o~ in a~~y
respect fail to perlo~m. d,scharye. err:~re, effra, con~},'~ei~. cc:t.F!y v.~~h and ab~de by rh;s ccv~•~,.,•:r. or an~ 4.•~r h:reof. s.+~d GAt~RI;,AGtE n,ay p~ace a~~o
pa'y f.x t~Ch in3urante or any part thereof w~thov~ wsiv~ng or afi,.cN~~g any Op~~on, lien, eq~.f~, or r~~l~! ~+~.l,•i o~ by ~J~tue ot ~his Mo~tgage, ond tht
f,,;t amouot of eath and e~ery such pay~nent sh~!I k~e m::nc:l;are~~ d;~e ar:d ik.~aL'e a::d sh.:l brar mt~•~~-st fro~n tha d~t~ thcrcoi unnl p,,.d at ~he rate ol
: prr ce~tum per anri~~n ~~~5 'o~rth.~r .urh s.~cii ue~r : ar ..,.n. i.;.-,.d ~y the l~en of ih~s monga~a.
4. TO ~:Cfrtlit. COm:nit Of Su(f!t ~i0 waStc, in~.pdirinanl Or ,~i.•,.•.p~.~~.a.~ of s3~C~ r~CFc'rly Or dny ~»!t th:~r~~Of.
5. To pay all and sin9u`.ar tht tosts, chargcs and expra~s=~s. ...f~.l~~+~ 3~cuSO'SSL~t` A11J~~11~~' S ir_• d ics~s cf ~t s~.: c!s cf tir:a, mc~ned or pa~d at
,+ny tin,e by sa~d ~~02TGAG~E, bec.~ose o~ m the eva•~f ot in- :u:c w~ ii~c- : s~T ot ~he s.~d ;.l;iBiG:-GUR to d~:y, y:rv ~::r,~ ~~,d fu'.4y ~~rform. d~scnarge
e,ccvte. etfect. comp;ete. co•np!y v. th and ab de oy r.ui~ a~.d r.er~ :i: • st!::~ .r u~:~. a~~.,•,,,r:~ts. cc~~d t~~ns, and wve ~s .~1 s.,:d ~:c:~.:>su~y note ar.d th~~
~~orsgaye any e~ eoher, a:.cf sa J costs. charges a~•d e¦f~nses. ~...i, c,~ . ~ha ! b_ .;f~.:r~~r~ d~~> and ~~,-,l..~•: r.t:_.p,~r or r.ut rh~~•re ~r nonce da
n+ari~, atT2mp1 to to;~c•t~ e! s.::t p<~~~~d+~y: and rhr fu:' a•no~~nt oi ~:nd,rvrr. Sv~h ~~..i:rnt sf.~i!. be~~ u~•..rrsr frorn th., d~te t4:.~reGf untit pait~ dt Ih!
7 J~ nulf Nc'r irnl~n~ ~ ~r i. dlt Sa~(1 iC.~tS. ir.~:qCS ~~,.i i... r~~.5 •i~tu:rcc~ Ot F.~,~j. tp_j._lf~cV ~.r,T~~ e...F~ ~nlt:s:5f. Sh~l~ ti@ ScC~ttt~ by (fltl 1~@f1 Of fffd
morl9age.
b. That (a) in th~~ eve~~+ of any Lrr,i.h of this .'Ao~tg.,g~ or d,•i ~~:r tr~ c..~~r o4 ~~f.TG%.G _`R, c: ,i~; 'n •~~t any oi sa d sums of money
herein ~eferred te be ~~,ot p~..r,E':y a,.~f •.Ily pa~t~ v:~Y~~:~, It:~~tt .3;i i{..t t'~~~ ,+e s.:,i.•.~'y l:c.. c i::~ p:o::!>'e. ~vul~:~v~ der,a:.d Or OOtitB,
;r 2I in the r:ent esch a~d e.~•~. rh~ t~~F,.~ ah, ns, a;recmerrs, c, ~~:s 'ind c~.r +•s e: sa y:c . e.>,:~. ~,o'_ r,~J ,r, s n,.utgoyc any o~ e~ther. a~e nol
~v'Y. Promp~ly an:i tui.y F.ertv. ,~e~l, d s:r~a.g~;d .rcutrd, e~Te.e~~d ~c~ ,r er~~d. c.~ n;,,:rd .•.~~c, e~:ci ai u ~~y, tnen ~n e.in_r ur any s:,ch event the sa~d ag-
~~rgate wm ment:e:ird in se~d E ,c ~ .ss_,: y r.~tr th~n r~•~r,o~~,;,,~ , , :f :..t^~ ~ ~:c .,.i. d . . . , ,s s, c .r•_J h~•. s!~,.: Lccw~;a due and pay.
~o:e fo~lhw~rh, cr rherea'tcr, ar ~he :,i•'~~:n u! s.,~d '.'.J~TL%.:;if.~as •.,,.y „•xt :o~•~e~~'err~~ _,s ~1 0. ~f ~ii'„~s.~.:t s.,•"s c~ ~_,.,ey ~~rre or:gina;ly st~~pwated
to be pa.d oe scch el.:/, anyth~^~ :n s.~..' ;r.or~..ss~ry o~ r;,,s ~,~o~r~s,~., cu~,,,ary ,~::,:.:~~se,-..'. ~~~~.i tnc~c~.~~..:.or r.~r:.~,,iter al the oE•~~on ol
sj d MORTGAGE=. ~i ,ut np.-;~~ or :i.~.rar:d. s.:~t ~t !~:v o~ ~n eq:,:ty. tn..,efc~~ or ~i~,~r~~ai~rr p,y_n, a~ hc ~ r~sc:.~t~J as ii a'1 n:~neji Secured hereby
n~d matured pr.or ro ,ts ~:~st~tv'~on
7. That i~ li~e _~r~~t tj~at at ~ nn ~ of or at an t:•~~e ,:~:ri~~ a~ w:t ~ r!~~ f,
. ' 9 + ` y r s h'o•Ty le. o. o ~r: c s_ o~ to rcform it, o~ to enforte
t~~v~ent of ar.y t~ ~ ,~~.,~,.,r.c;t•r, s~,.i .:41;~.,'~vcf sF~a'1 i.'y ro tt:_ Cc ~•r h e. ~ g; >d , ~ for th n•,~•n• 04 a Rec~i.er. such Court shell
tcr!~with appe~nt a•_c< ._r ot s~:d r,~.. ~~~i preu.~rtt s:. ~::d s~:~y~~..~r, i•1.:,,u ~~g a.~ ae~d s .:.a~ r c.cc + e, F•vt,rs ~ss..es a~-d reor~•ves from whettve~
sewce derived. ea_h a~.~'. =very o4 nF, ~.~„~,~,g ea•,~r.ss y unden•.;.,i. ,s Frr:i>y n.e:r_~.~ ;•.d .,s ~ Sj <Gj~C~ :j s~•t torrh and desc~;b_d ut the granii<~g a~~d
h~~+~nd~m cia~ses hrr~of, an~! s~.h Rec_•~.e~ shall ha~e a~l the b-...;d ce,j e*iec•.ve f,^:•v ~s ,+~:ii c~.:~~s r: anti...;~ .mrus•ed h~ a Lu~~t to a Receiver. dnd
s, ch appointment sh~:: r• ~.ie bv s~ch Co.,re as a~~ ,d ~ rrcd . r,,:~. ,,::~y a mar,e~ oi a!.so'.~.~~ r gh~ t., .,,.d .4'.J~?GAGiF, :,nJ r:~~ncut referrnce to the
aciryuaey w inad-y.,ac~ ot r?~~• va:ve of rn~~ ~:roE,rrty .co-rg,~~ '~,r 1_ t~ ,~~>c: ;rnci o1 sa.d !tOC~G:.G~R er tke d~-+e~,da:~ts. and ~hjt such
rr.,as, proi~ts. ir~c:;,.r. :ss,;t•s and reve~~.:,es sh~li he app..~~ ~y such Recr~.rr ac:or~,ng to the or ,:qu~r~ oi sa d 1,1JniCaAGEE arid the prachce of such
Court.
B. To d~~y, prompt.'y a~d (u~~y pertor•n, d:s:harge, e.rec~te, effect, co.~,p•.rte, cu:-~N~y w~~h and ab~de by each and evrry fhe stip~'at~ens, agreemeMS,
cor,daions a:~d eovenar~s .r. sa:d pro:n~ssory no'e and rn,s :+•~r!y~ye set io:th.
9. ihat in rhe e.ent the c,,rrrsi,~p of th_• mor._;a~.,d ;uen,ises or any pa:t the:~cf, ~;~~~T~es vested in a pe•son othe. th3n the MORTGAGOR, the
:'JRTGAGEE, its s~tcessors acti az~ gns, rT,ay, w;+hout -:~i;ce ro fnr ,~'.ORTGAOR. dea; w~rh «,h succrsso. or s~ce~ sso~ ~n ;ntcvest .Yi~h iefrrence ?o th~s
.•~o•~gage and the d~;;t he+c!:r secur~d in the sa~ne ei~nncr as +nth :'.;,r:~aqor w~~f:out ~n ar~:y ~y.,~ vit.ating or d~s~hory:ng Ihe Nlortgcgori 1ldbili~y hert
_•der or upon the drt+ h~.~.-:., s:: rJ P~o 53:@ 04 tt.e Fr~ ..s"s h~~~b. ~~rg; ~d ar~;~ no fe-!•ea•a~~ce c.~ the art of t!i~ ! '
~r assign ar.d no ea+e: rh.-~ ~ y ~ F AJRiC;AGEE o~ its successors
' s z.on af i~: the ~eyne~.t or t~r ci.e:• hr•c:,r s~.,:•ed g~ven by the ~:~~;~RIGAG:'_ or ~ts s~ccessora or ass~gns, s~iall opera~e
to re!ease, d~scharge, mod.`r ;r~.+ ge or atfed the c•~~,nal t;,,; r~ ,y ti•e- A'.~,kI~AGOR herrirt, e~tFer m wt:o;e or in F;art.
. 10. It is spet that tr:•e is of the csse ~ce ~S s co~:~;::cr a..d thar ro mra~ler of any ob' grt:pn hereunder o~ o{ the obligation sN
cured horeby shai~ at en~ r. rh~.rcaher be n<:d to be a w..i:~~r oi rhe trr~-,s t.err-vf or o4 the i~srr~•:ient sr:v•cd he•br.
.
)1. in , r+. _ o , ~ ...•s o ~ : ~•,d r .s• r -~d v; thc s>c:~ ~:c . s _.~.rd r.~~..b~, mort~a~or covenams
+,.d agrees to ..ey ,c ,:~e v.~~h <~at.. ~n•h I r. e 3~, ~u „r.ai w. , s. .,r, .f k,, ,,,o.~y e.3_r to trr e.;„a~ io i i 2 oi e:~,;ai cost o1 the foilow-
,g.
A-A!i I.~' ffJ.::rt, Ii~rs !e:; a o~ 3ss^ss..<i agr~. s, d~•sc•~^•d r_at ~s,.,~c
B F. . ~ or; c , d..~~ d~.. :ns.:•,.~ cr . i r_ :;i ca~-~• :i e. ~ove-c: ;rs s ; :at^ e~1 a6ove d_s:~~bcd p~em~ses.
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C-Pr^ r_~ 5 0. c~ch ~ e ;;g,. 3uarsr•ly ~r>ura ce es :~.rty~ st;.~ I:„. ,e eo t.,,+. d~.rr: f~t to carry on t~ie loan scturc~d hereby.
b1o.r~a,- s- , •~.c r~ ~ . J~ .n .tir:- :,3 a~ r~e ~ ..i- d ~r~t:'e here.,^drr a.id s.:ch s. ~ si 3~; !i~cre~pon be due artd
. ~ble on +hr . - , _ r~: ~ ~ _.,r a_d e_ch s_~:c.•ss. ~ , o•,rF, : ~i _r ~ r, ~•,c~~g~~ee sh,~'t no! iy rr c,..3agor of a chan9e in such
.'~_uN. $uth 5..•'s S~ - .._.1 n r•3.,; <'o.vard tr.e {;d.~~ 2rt p~ r~:,: r~ .~•rt~• ta4E5. inzu:a~~[? r n.~.r. ~
P i i p r~ s, a mp~t~i~e guaraNy insurance ;
.-~.•pmivms.
ly 1'1lTr;E,_ .'.ri~*=~_ ~ ya:d M•7RiG~i,:_ R has crreuato set h!s h.~~~,d ar,d s~•e~ the day and year t~rst a(oresa~d.
Sig . Sea'ed -.d d:~' :c. in th presecce o~ 2Q'79'73 s ~y
+ ~ ~ lNl_~_(~fll~l t
_ - _ - _ _ ~~i 1 ~ ~ ~Sl~~~
_ ~ _ _ _ ST.lUC1E COUNTI~~I~. (S~aq
- - - ROCER POITIIAs ~ (Seaq
- ~ - - - CLERI[ CIRCUIT COU~1
~
RECORO VER~FIEO
S:ATE Of FlOR10A
c~ur~nr oF St_._ Luc i e-- _~R 4 oi PM ~
Before me personal;y appeared _ F~PI.P1l C~TC~OTI N TE'K g N1C;4M ~ ;
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i
- - ~ ~~to m~ weN known and known t0 me 10 b! ~
+he ind~ridual~ descnued ~n and ahu e~ewtrd th_ forego;~~g ~nstrur.,ent, and aci~no~e;edged Derore ma that t1~ exeiuted the s~me tor the pvrposes #
therein eapressed. )~p~~ - - St'1P ~
_ _ - - - - -
~ - - - - - ~ - _ _ - - - -.7CD~!?O~l~O(0[~'WC
~!7lAQ)G)af~C
~E~i~14M1iK]L~l~~~l~'~~d6~
K'ITNES$ my hand and rff;~ j! seai th s _ d, ~r ~nri 1
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_ _ s - _ _ - - - - A. D. 19 e
~ ~~~-[~z'~ _ ~~i.~ ~_t~ _ ~ - ~
Noi.~.y F~.b ,c ~n end ior th S~a e oi Fior~cia at larye i
R1y Cc•r~, ss~on exp~r~s: /~1 7/ :
Ret~~rn (n .
Fint federol S:evir.~s d toa~~ %•sss~:....on ~
- > > ~ ~ 1
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f~,~ ~ _ y-.; .
•~;~:t~~~ _ •C
:
: :
This instrument Prepared By Richarc' K. Kayes ~ C:~ : c_; ;
First Federal Savings 8 Loan Association . _ `.j' ~ o` _
. 4~.
of Forr Pierce , r 1~ ri ~ta
Checked By ~/h-- - - _ - - _ _ _ _ ' :
~tiG~
~
~ . ~ - ~ , _ - M