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HomeMy WebLinkAbout0202 , . ` 3. To p~ace and ca~t~nvoc~s~y Aeep on t?u bw d.ngs now w haeef.e• f~tuste on e~'d !arx! a~~d on aC equipmenl a~.d pcrfon~lly cevrrt~d by Ihis m~fg- ege. w~tn aU p~a.:.,~ms II~e(@p'1 F~aJ ~n fu;l, f~ra ~~:iwa•~r ;nr ~suai t+a~::iard pa:ey io~m. in a s..•n ~~.~oced b~ tht MJR,vAt~CC. •nd w~~dttxm ~nsu~~nce ~n the ;,s~~l atsnda.d po:•cy 1wm, io • ~u~n ~pproyrJ !:y tha M.7RTGAuEE, in such canpa~iy or W:r.i,,~q,r~ as ~hr l~tOE:iGAGEE may d,rec~; a~+d all (ire ar,d w~ndti~o~m ins~rooce pot:aea o.? any oi ae~d tw~IJ~ngs, auy :r.tt:asl the~em oi pan th~~~ ,f, in the a~g~~ya~a s~m a4;,resa~d o~ in e.cese ther.~~t, shall tw~i.~:n the uw~1 sre„Jard ~nwrgeyae c~suse u+ such athc+ c:aus~ as tne .U{a~ryayrs +nay rry~.~e, ma?~ng thr .cas ~~~drr sa~d poti- c~rs, each and erery, par.,b'r ?o ae~d 1!JftTGAGEE as as ~~~r~e~~ m,?y apFxar, arxl exh and every wch po..c/ s~~e:l tx prw,~y~ty ass g~~rd e~~d dr:~.ered ~o e~~ hetd by sa~d AtORI•~AG"cE ~s ~~r n~r i_c~~~~y ~o ia~~ n,on~age drpt. and. ~w~ le?s t1~.~n ~en (101 d~ys m.:l.~~~,ce ol ~F~ e,p~+ar~on of eech po~~cv. de~ l,ve~ to s~~d MJRIG~GEE a renc.•.,~ iherrof, rogerher rv~r~ a rrcr;pl fw tlfe p~Cmiam o~ s~ch ~enrv~.,!; n~~d eh~re s1~~t1 be n~ t.~e cr w~,~d~~o~~n inw~ance pl~~~ pn ?ny o; iid bu~;d:*:gs. m~y r~tr~est there~n or i~art ~ha:c-ol, uo!rss in the form arhi w~th ~he ioss p.+~aulr as aicreso]d; ?nd in ~he evenf any sum o+ money lxcamH payablz u~dtr such pol:cy w poLi~rs s.+~d ti~t)RTGAGEE sfi.+U luve rhe o~r:o~ ro rec..•~w.• ..nd .,3:~'~ fhr s,i:~~e on ec<o„~n ol :he indrbad- nris sec~r~ hev~Dy M 10 ~errA Sd~~ N1OR~(iA~i~RS 10 reca+ve and ~se it pf d~iy p3rt the: 771 !ot Ctccr ~.~r~.,s.~5. :.•~~:~.~t th••~.~~ .;a.~ ~•na..u- ~ng any equdy, ~lrn ot r~~ht undc~ or by •.irtue uf ~~~s ~~c~:yayr; and in the evrnt sa d MO,~TGAGORS shatt ior any reas~ fait ro k~~ep rhe sa~d pirm;scs so ,r.s„rcd, or f:i! to dr~~re~ p~u~nprty any of sa:J po'~c~ri fi ~nsur.~nce ~o saEd MOR?GA(',EF, u ta~l prc-~~Nt~y to pay fu::y any ;r.r~~,..,~n th~•~efor w in a~y ~r.y.,.l fa~i to r..:rform, d~sch~~g^. ere<~~'e. e11.~c1, co.npteta. co~np y w;~h ar~d ab~de by ~h~S COVan,anf, p a-+y p.~re h~reof. s~~d N,'vRT~,: GEE mav p=ace a~~d pjy fw such insur,.nce or any ~art ehe~eo( w~~ho~t areiv~nq w a{i~cting any oprton, I:ea, rqu~ty, or •,~ht ~r,Jr~ w o~ ~~~i~e oi ~L;s :.:uiya3r, and the f~ ; a,ncur.~ of each a,~d e.ery such paym4•nl shall be ~mmrd~efely due and payable a+xf shail ~ar i~ver~•s~ fro~n ~ha da~e ~ncrcot unNl p,~~d a~ the rate ol ~.e pe~ crnium pe~ annu~n enJ ro~~•th~•r ,n~~h a..th inte~cst .h~ii br irc~rec~ by th! IiM Of th~S mOrtgage. i. To permii, corr.:nit or w~ter no wasta, impair:mnt ot drteriOration o! sa~d property or any par! thereaf. 5. To pay al! and ainy~lar ~he costs, charges and eYpa~ses, indud~ng a?easonabfe ~rtornry's fee and coi~s of abs:ra:ta o1 ti~te, incunrd o~ pa~d at +~y un~e by s~~d A'10R1i>Ai,EE, bew~sa w~n ~ha~ erem oF thc ~a~iure on tne part of ~he said MORiGAGOR to d..:y, ~;~o•:~pHy and f~~:y p~riwm, d~scharge. r.ure, effrct, can~::rrz, canp!y w,•th and ab.de by ea:fi end eY,ry the s~~p~~dt:oni, agrr~~ncnts, condnrons, and ro~o:~a~.rs o; s~~d p~o~.,:ssary rw~~ a~d ~~~~i ,;,rgogr a~y or c~r)k~, and sed cos~s, charges end exprnses, each and r.e.y, aha? ue im.~~cd~ately due and pa+at,.e; v~h,iher o~ not fhrre be not~ce dr .~d, atte~npt to co::rct or svit Fk~:d ng; and ~h~ fvil a~nount of each and ewe , suth pa~:nrnt shall beu~ ~nt~•reil frwn the date ther~-uf until pai~ tf fht ~ ucr cer.s„•n ~rr .,n.~,, .:~+c: a~t sa~d cusr~, cha~grs a:td e;Yrnsrs ,.Ku.r~~ or po~d, toy.:~h~r ~v,~h su.h interrst, sh~U pe aac~r..~) by the {~en oi Th~i m or tgs.,3~. S. Tha? (a) in the evenf of any breach o( th~s Mvrtgage or dr:au.t ~ the pa:t ot t}~c ti'.ORiGAG^R, or ,bj ~n th2 e~•rnt aiy of s.+'d su~ns of mo~ey h:~re~n ~ef~~c.~cl ~o br ~:o~ pr, n.~.t.y e••d f~:ty N,~d ~.~rh~n rh.•ty t30t deys ~ Ar a~ier fhe s~~ne s: re.a':y beco• ~P d:,e and F,arel..e. w~~nov~ demand o~ no~~ce. . ,,c? in fhr e~ent ~`,ch,and eYe~y ~!~e st~Ew~a~~oni, agrcem~nts. to~di:~ons and covenanis of SdfJ µ~nm~i3~~y n.~~c a~~d ih,s m;,~tgage ar.y pr e~ther are not i~:y, prw,:p~ir and fut~y p~rfo~~r.ed. d s;hargt-d. esecured, eftected, canpletrd, compbed wnh and ao~dau 5y. thr~ :n e.~hrr or any sucA evero thr smd ag _~•~•y~r~ svm me«troned m se.~ Fr~:•:>wry nete the~ re~nain:ng u~pa+d. w~~h :nferr;t acuurd, and ad ir,o::~,s src~rcd hrreby, shatl bccume d~e and pap r., r fo~th,v~:h, o~ thrreehcr, at the c~"~on o1 sa.d 610RTGAGcE. as fuiiy and comp~etrly as ~f aH ot thr s~•d sums of n~oney were or~q+naHy St~pu:ated ~ ro be pa:d .n surh d.:~, anrth~ng u~ a., d~ro:n~ssory nore or th~s lNwrgaqe to ihr cavrary norw.ihs~a~~d.ng; a~~d ~hercuFwn or thrrrafter at the opbon of s>.d MORiGAGEE, v.~T',c=.+ ~o~.:e o• dc~:iend, suit at !aw a in e7u~ty, therei`re w thereal~er beyvn, may be prosecuted es if all moneys securid hereby -~~d matured pnor tc ~ts ~:~st~:u!,un. 7, ihat ~n the r.eM that at thr beyinn~ng of o~ at any tir~e per,d~ng any su~t upon !1~is Me.~gage, o~ to fprec!ose it, w 1o reform it, or to en(wce ~~~yment o! erty c.m•~s hrreurd~~r, sa~d ~1WR~GAGfE shaf! apply to the Cotirt hav~cg ~vr~sci~ct:on thereo! ier the appo:n~,n~n~ of a Recavrr, such ~oun shail f; rthwi~h ap~:omr a rece~:er of s.,;d monq;yc-d p~ooerty all and s+ngular, i~~dud.~:y oC a„d au~g~iar ~he intCmt. WOf~rs, nsues a~d rever.urs from whatever s. ~•cr drr;r¢d, ezrh and eve,y of ~tih ch, ~t be:ng expressty unefersrood, is Fer_hy rr.o~+gagecf as if spec:`~ca:ly set fo.cF. and d~~a~r~be~+ in ~hE granlin: a~d i:'.~e:~dvm ~iavses hen:uf. and such Rcceiver ihall havr atl the braa.i and effecr:vr fu:x!.ons an~i poGverYin any,r.se r~trusted by a Co~rt to a Recr~ve .•nd s,h appc~n:me•~f sh,;: L~.- n~~de b. svd~ <:ovrt as an ad nir:~! equ~tv and a matter of a'~solutr r:ght to sa~d MJRTGAGE[, a~:d vtnhc~t re{e.eoce to the r.: ~a»~Y w inadeqvacy of the valva of ~he properry mo.igaged or to the so.vrncy or ~nso~~er~y al aa~d MCRiGAvOR or fh2 d_•re~~d,,~rs, a~~d ~h~e such _•~•rs. prof~ts, incu:ne, iii~rs a~d +ever.,,es shall be appi~ed by such Recc++e~ accord~ng ro the lien or rqu:ty of sa:d MORIGAGEF and rh: pract,ct oF such Co~rt. To du:y. prompr;y and (ul~y perfwm, d~scha~ge, execute, etfect, comp~ete, con;ply with and ab~de by each and every the st~pu~ations, ag~eemeMs, :cr,d~~fons a~o covrnanrs sa~d promfsso~y nore and ~h;s rnxrgage sr~ iwfh. . 9. That in the c~rm ~he oxne:sh+p of tha mortgaged prenuses. or any part thereof, becomes vested in a person ofhe? than the MORTGAGOR, ihe :'i RTG4GfE, its succ~•isers and ass•gns, may, wi~hout r.oT[ce to tlx MORiGAOR, deal w~th such succrssw a s~cceiao~ in i~ter~st w~th reference te this ~'.~'~9dgB ard +h~ d.•nt hrrehy sewr~ m the same manner as vc:th Mortgagor w~tMw~ut in any way vft.atmg or d;scha~g~ng the Nbrtgagors' liabilify herr :::.cier or vFv~n :he d_•br n_~rel•; s~•c:~~~-d No s3%e of t)~e F~em,ses Arreby mo.?aa9ed and n~ forbeara~~ce ~n fhe part of the ?dURiGAGEE or its wccesso~s ass~~~s ard ~o r.s•,.~s:on of ehc r,;ne for ~he paymert of the debt hercby secured g;vcn by ~he MORTGAGE'_ o• its successws w ass:gns, a:wll operate ro re~ease, d•schargr. mod~fy charge or afiea the eng,nat Ga~.:•ry of the MORTGAGOR here:e, eether m whole or in part_ 10. h is stec.(~catty agreed rFat ri.ne ~s of the essrnce of th;s con`~act and that no waiver of any ob•:ga~~on hereu~xler o~ of the ob!igatian sr :~~•ed hereby sha:. at any ume thcreaf:er be F.r:d to ?~e a wa~ver oF the terms hercof w of fhe ins~.ument sew~ed hK;rby. l i. tn e-,,.~ •F.~~ io+e~e ti:;aya,.•~is of pn:-c p~: and i~~2cres~ ~ey~~red by the prpm SiUy n~~e s: c.,*ad her~~b~. •merTgagor eovenanrs agreca ro~a, !o ~.o-~g~cce ~~th ~-ach ~ ~:'h.y ~;a~. ent an adci n~nal svm esr^ ated b~ morrg3gee ro i>e c:~.»i to 1 12 0~ t;:e ann~a: cost of the felSow- A-:.'~ r:a ~ rer-~ry T3~-y le:~_ ~ o~ 335e5S~d ag.ir,sf thc a6ove desc~i~_d r:a~ estate. B P•_~~ „~~s on 4~.r acd v.nLi'C'~~: ;ng:~~3r~f as here~n r~:;r~d to br carri~d cn the ~m;;roveme~ts s~rvatr on tha above d_sc~~bed p~emises. `-P.e a C ..:n -~r g.;are•~ty •riv'a~ CC as marrg.~cee sh~ 7'ro•r r r-~e ta '~re de~em f,t to cary on tne toan secu:ed hereby_ .1o+tga~ee r-: • _•o r. •:e ~-•.f, •-~cn~agcr v.rit.ng of :lr~ a~-•o~~r d~e a~d pa~ab;e hereundtr a~:d s~ch s~~n sh;3:1 +her~~F-o~ be due arxl ....sb:e on Ti,~• ;.,e .i=•_ er •,~~~,.n.; p3y,n~•m and e.,ch s:.ccessive ~*o~rh rhereafter ~r.t,i m~rtgagee sha!I no~!fy mo~t3agu~ of a chan~e in wch -,;nt. $uch s., ~•s s' ::r e: :~-:f t:; n.arr3ay ~e ro~.~ra rne payment of rea! propers j ta:r5, m3urante prem.ums. ar.d mo~tg~ge guaranty insunnce . ~.;ums. IN \VRP1E>_ :':H::;;`~ •r~~ sa:d M~RTiaAC,Q^w has hereu:vo set his har.r and seal the day and year first aforesaid- ned, Sea' + ed ~n r presence of: , ~ , ~`~;~'_`.t.~.~~_L ~ ~J_ C~-i , , `~C`-'~-.~J cs~. , "r; itnnss _ir re n~ra, a ow t`Ulk_~_`~ 6-~~-c~ (Se.l) i nt c~ s s - - - - - (SeslT S".:TE Of fiORiDA ' < <S. ~ ; :U'JTY Of ~'{v- ~ - - ~ Befwe me Exrsonalty appeared _~inli Z'Ed ~~f1~1Z'8~ 3 W1C~OW _i x~ - ~j~Y~j{to me well known and known ro rr~ to be ri,e i~xi~v~dwi~ descr;l,rd and .,,ha exe:.:red ~!u forego,n~ inst~ument, end acicnow:edged before me that they e,cecuted the sane.4q the p~rposes 'he•ein exprest?d. ]~(1XxDlY,l~Id- - - - - - - - . _ )Q~~C70I0'i------ - - - . 7G7f76~F9C~]W!. JR~]QXXlDR:1C~@C - X~~1'.Z~3f,71. . WITNESi my hand and o'fic;ai seal this- ~S.Z day of~~ _ v 1ZY a a.,19 71 ~~.<t -E ~ c c ~1~ ~1,'1-!L^ v - ~~Notary Pvbl~c in and ior tbe Stare Of F1Mda _~l~ ` My Comm~ss~on eap~rrs: . • Refu: n To~ ' f~:st Federal Savings 3 loan Assoc~ar.on e~ i ~:~f P.-,.• h~`an' r'~~~~G State ut F'lorida at Garq~ ?o., My ~muussioa ~pires 1uly. 24, 1J?j 21_~,)1 i This Ir.strument Prepared 8y ~•.4ri. F.. Braun f~LEO ANO R~ QROED st. ~uc~f cou~tr fu. ~ F;rst Federal Savings ~ Loan Association R4CfR POtTA~i of Fort Pierce ~=2ori~i~3 REC4RD YfRl~FIED~..~ Checked By _C~--- WI~ f 9 i 4~ PH ~I~ . .~`t• ~ ~Y' ~ R 194 202 ~ ~;s eaa~ _ - - t ~1.:~35..~~" ..,..a_~.~ . ...tv y _