HomeMy WebLinkAbout0422 ia plec~ and con?invo~ily keep on fh~ bv~"d:ngs ~+ow or hi~aaf~t~ ~1~;,ate on ~~~d t~nd and on ali iyv~pmenl ~nd µ~iionally tove~ed by th~s mwlQ~
+gs. w~+h all ~emiums thircon ~,a~d ;n lull, fire ~nsuunce m the v~wt ~ta~xlard po'~cY ~am. in ••u~n arproved by ilu MOR~~'iAGEE. ard winds~am
~nsur~oce in ~h~ uswt sr~nd~~d poi.cr (a~n, in a sum a~o.ad by Mi 7~AORTCaAGEE, in such con,pany u~ compamei as ~M RtQRTGAGEE m~y
d~~cc~; and al! (i~~ ~nd w~nd~~orm insw~r+t~ po1K~e1 a~? ~oy of aa~d bu~ld~~qs, ~ny inle~~st the~cin or ptr~ tF+erwl, in the aggrr~s~a wm afpetaid o~
in e:ce~s ~hereof, shall corta;n ~he usual s~a~tdxd malgaqee cleusc w such o~her c~auu as ~M Mwtyayee m~~ rFqv+e, i?u:;np ~he tos~ unde~ aa~d poi~
c~r~. tacb ~nd evcrY. payab~e ro sr~d ~~ORTCAGEE as d~ io~r~rst may appcar. ~~~.i e~ch and e~e~y ,uch po:~cy shall be prwnpUy asag~~ed and drt;:ere~ ~o
anp Fkld by se~d N10RIGAGEE aa fur~he~ •ecurity to sa~d ma~9age drbt, and, no~ le~s tMn ~en (l01 dars in adv~nte of ~he capi~enon of e~ch po1~c~, to tie-
Gver ~o ts~d MJRi'vAGff • re~~ewa1 rhrreo(, toge~hsa w;rh ? rece~pt !or the p~e~n=um of such re~~ewa~; and s1,~re sha~l be no i~re oe windatonn intur~nce
D~~~d on any of sa~d b„~1d~ngs, any intrrest thcre~n w part thereol, unlcsi in the form and wi~h ~he Iosa payrbte as alo.esaid: and ~n tM eve~7 any svm
of mw~ey lxccx+x~ payab~e under such polity o~ polK~as ssid ~vt.:ZTGAGfE s1wN have rhe aµt.on to recr~~r an,i apply the se,~~e on acco.,rn of ~he ;,~debrrd-
ness aet~r~d lxreby w ro perm~t ss~d A10RTGAGORS ro receive and ~~se i1 a eny par~ thr:eof tor o:hcr ~,urE.oi.•s. .•.~+hout ~hr~ ur tiva~~~ y or u~~~„~•
~^fl +^Y ~qu:ty, ~ler w r~ht ~ndrr a by vu~w of tfiis mo:.yape; u+d in ~he event fa:d MORiGAGORS shal! for any reason fa~l to keep rhe s~~d premis:• sc
msurtd, p fail fo de+~ver prprnpNy ~oy pf laed pOl+ties ol inaur~n~e to ta~d MORIGAGEE, o~ la:l promptly e~,~~•r fv.~y any pt_m~u+n thcrrlot p in ary
res~ect tail tp perfpm, d~scharge, eaccutd, eifetl, complefe. canyty wi~h a~d ab~de by ~h~s cove~an~, or any p~rt hrre'o!, sa~d MURivAGEE n~ay p~•ce •~~d
pey (w suth insurance or any parf the~eof withou~ w~ivinp or alfecting any option. lien. equ~ty, oa righ? u^dcr or by vi~tu! of th~s Mur~gage. ~~d tht
f.,ll amouu~ of eacA a~d e.ery wch payment iiuil be un~ned~ately dve and payable and shell brar ~ntcres~ frem the dats thereol umil pa~d a~ the raie o~
n~~+t ptr crntum ~oet an~ium a+~il to~tthtr N~tA svth i~;ttrest shdii bt ixurtd by the IKn Of th~s mortpage.
i, To permi~, con.mit ot suf(er no wa~te, iripairment or d~teriorat;o~ of sa:d propcrty o~ any part ~he~eof.
5. To pay aft e~d s~ngute? the cosb, cMrges and expenses. i.xiuding a r~aso~able aitane~'s tee and cos~s of abatracta of ~itle, incuned or paid st
.ny time by u~d NtORiGAGEE, becavse w in t~+e event of the faJurr on the pa~t uf ~he said MORTGAGpR fo d~ty, p~o:npdy and f~Ny pcrform, d~uharge
~aecute, etfect, cexnplere, comply w,th and ab.de by each and every tfie a+~pulaf~ons, agree~.,ents, cond~t~ons, and covensnt; of s~~d p•o~.~;ssory noie a.~d fh:~
Tto+rgage any w e rhea, a»d sa:d cos:s, cha~ges and expe~xs, each and every, :hatl be imm..-d~atrly due a~K? payab:e; whc~her w not ~here be nor~ce da
ma.+d, aue~npt to co3:Kt o~ s~it pe~~d~~.g; and the fufl a~noun~ o( each and every such pa;;arnt sh~1! bea• ~nt~res? trom ehe date therrof umif pa~d at the
•,,r~~ o~ e~ne per cen~u•n prr am,~ a~~c: a1t sa.<) cosrs, cha~get and ea;xr~~ses inru~red w paid, ~oyether w~th such mte•e~~, shall be securrd by the 4aii of Ih~~
mor tfl~e.
6. That (a) ~n rhe evrn~ o! aey breach oF this Mortgaye or ~efa~h on the part oi the MORTGAGC~R, or ;b) Ihe cvent any oF sa d sums of money
herein referrad ~o be not pro~~,ptty and f~tty ~id w~+h~n ~h~•ty (30i deys ncat a~rer rhe sm~~e sr~e~a'!y bcc^~ne due and payab!e, w~~hou~ demand o~ rof~te,
er ;c) in the event each and e~z.Y d~c si~pv:a;~ons, a~reeme~ts, cc^du:o^s jnd covena~~s o+ sad pro•n~swt~ no~e and ~h~s rtw~tqage any o~ e~~her ar~ no~
~v!Y. promptlY and 1ul:y ptr4ormtd,.d.xharge~, etec~ttd, elfected, comp:e~ed, compl~ed w~ih and ab~drd 5y, then in e~ther or any such event tAe ia<d ag
a-:~gata svm menr.oned ;n >eid prp~ussory rwte thrn rema:F:^g ~npa~d, with inter~;~ aarord, and at: monrys secured hereby, sha11 ~co~»e d~e and pay-
ae•e forthw~th, o~ ~hereaE~er, at the op~~on of sa~d h10kiGAG.f, aa fvily and comp:errty ,.s ~t all of thr sa:d wms of muney were w~g~naily at~p~~ated
to be pa~d en such day, anythirg m sa d pro•mssory note d in this Mdrgage ro rhe con~rsry notw;~F.sta~d.~g; and ~hereu}•on or Ihereafter at tht op~~on of
se d MORTGAGEE, ~~thout nonce or drma:id, su~? at law w in equuy, therefore or ~hereateer brgun, may be p~osecuted as if all moneys secured hereby
n~d maturcd pnor to ~ts mstltu!wn.
7_ That in the eve~t the~ at fhe bcgfnr,:ng o( a at any l~me ptnd~ng any su7t upon ~hla Mo~tgage, a!o foicclose it, or to refwm il, or lo er.ierce
FaYment of any daims t,ere~nder, saEd MORTr,AGEE shait ~pply to ~he Cuu~~ hav~og iur~sd.c~,on iF.e~rot 1or the ap~.ntment of a Rece~ver, such ~o~n sfisil
fo,-h~,.irh appo~nt a rece~~e: of sa~d mwfgagrd proorrty all and singu~ar, inuud ng ail and s~~~yu:ar ~he incon,e, proles, issues and reve~ws 1ra•n whate.er
s;~•cc drrwed, -ach and eve~y of wh~ch, ~t l,c~ny expreasly undersrood, ~s her~br mor.gaged as ~f spec.fE~a11y ~et forth and dexribed in the g.anr~ng and
rabendum ci~uses her~pf, snd wcA Receever shali havc all the b~oad ond e1.`ect~ve (vnct.ons and powers ~n anyw~se entrusred by a Cou~l to + Recr~ver, and
s.:h app~fntmznr ah~:: bc mrdc by s:xh Covr. es an ad~~rttrd eqv~ry and a mar+er o! aGsolute rigM to said NIORTGAGfE, aod w~thout ~e(eren~e to the
edeauacy o. inadeg~acy o1 the val~e of ~F.e pr~rty m~ngaged m to the so•vency or msoivency of aa:d MOR(GAGpR p the defendants, a~w ~hat such
~e~~s, p~ofns, inco.ne, iss~es and revenues shall be applied by wch Rece~ver accord~ng to ~he lien w equity of said MORTGAGEE and the p~acnce of such
lourl.
8. To dvsy, prompHy and f~ily perform, d~scharge, execute, effett, compte?e, tort:piy w~~h ard sbidlby ~ach•ai+d eve~y the stipulafions, agrecmen~s,
cond~r~ons and covrnanrs ~n sa~d p~~T~ssxy note and th~s mortga9e set for~h. • ,
9. Thjt in rhe e~ent the owne.sh~p of rhe mo.rgagcd p-em~us, or any parf the.eof, ~«n~s`~esteYl:i~ ~ persod other fhan fhe MORTGAGpR, !he
ti' ~ RTGAGf E, iri succesaus and ass~gns, may, w~rMat nof~ce to the MORTGAOR, deat wiih s~ch wceessw or lvccessor ~ in imeres+ wirh rclerence to thn
~ c•fgage and the druf hereby secured in ~he sareie ma~er as wnh Mor.gagor w;~hout in any way vit;ating or d~x~~argi~.~ the Mort9agori liab~i~ty here-
^orr w uFwn ehe drbr he.eby secv+ed- No sa+e of ~he F.em.:ses he,eby mo.~gaged ar:d no foroea~an;e on the par~ of ihe MORIGAGEE or irs s~.ccessws
e• ais~gns and no e¦re~s~on af ~he t~me for +he paymenf of ~he debi hercby SKVfQd 91VC0 by the MORTGAGE'_ or itti successwa or ass~gns, s~~all ope~ata
~o reie~u. d:xharge, mod~fY chacqe o? affect the ong~naf Gabdrty of the A:ORiGAGOR ?~ere~n, eirher in whole or in pait.
I0. It ~s saerf;ca;:y agrerd ri~ar r;me is o! the csunce of this contracr and rnar no wa7ver oI any obl~p~f~ai hereunder or of the obligaYqn sr
=.red hereby ahal~ as any nme :h¢rta`.:¢: be held to be a we~ver of the terms hertof Or of the inslrumeM secu+ed herby.
I1. In ada.e ~~•o r+,.~ fOre~C n7 monthiy pa~m~nts of pr~~c paI and iner.esT re4u~red by the pro.n ssory no~e se'.ured M¢rzb~. mortg3gar covenants
j-d j~.res eo ;ay !o ^n•yagee w~th each monthiy pdy:nent ~rs add~nonat sum esr.~r.ared by mo-rgagee to be eqva! to 1; •12 of fhe annua! cost of fhe fo;iow-
A-Ah .~a: ~~oce:cy taaas le..e,~. or rssessed agai•:sr the above descr;SEd real estaro_
B--~*_~- an f,re anCl ~?~r.dsto'm ~rs.,rar~e as here~n raqu.red to bt can~ed en the ;m;:ruverne~ts s::vate on th~ above d=sc~~bed przm~ses.
C-Prr-.u;^s o^. s~cn ~^orr~;gz gua~anry fcsura..ce as mo~rgagee sha~f treT r me :o rtme dcem f;r ec carry on fhe loan secwed hereby_
Ato,fgagre s^a :`rc•r. t,~ne ro t~me ner,fy mo.tgagu. ~n w.rting of the a.~:e~~t d~> and payable he*e~ndrr and such s~~+~ shait thereupo~ t~e due a:id
.•=~'e o~ ihr ~,e aa+e of ne,~ n:onth.y paymznt and each success:ve :*:o^rh The:eaftcr v~:t~l mony~gee s a!i nafdfy mo:rgagor of a change in such
~_~vnt. S~ch su:-:s s~ ~ e;x apn:~ed by mo+tgagee roward :ne payment of rea! p~operry ta.~es, ins~~aoce pre ums, mx! mortgage guaranty inswance
•"e^'iVmS.
IN Y:tir~E~S '.+HcREOf fne sa~d MORiGAGpR has here~nto set his hand and seal the dav and year fi a.es5id.
Sgned, Sealed a dr~;ver in the p~cxnce of:
F~~EO +?no aECOaoEO ~ ,
ST.lUC1E COUNTIf fLA. ~s~a~)
- ~ ROCER PO?TRAS . ~~bq
- ClEltK CIRCUI? COURT~ _
aECORO vER~PiEO - «'n
- (5e,1)
~"%+T.f Of ftORtDA `a ` ~ 21 3 11 I/,~~~C~~ ;
!V f
~ JJ.'JTY OF ~ 'LLIC Z„
6efore me personaNy e~peared Z'2 ~ d. :
iH i 1,1t..~
" _ and
- - `Pr!~` 3'~'' `1"~ his wife, to me we!! knawn and known to me to be
e ind~v~dwls descr:~sed in a:~d who exewted thr fwegoing ;nstr~rnent, and acknow:edged before me that they exetuted the sanx for the pu~pous
r~.e•ein eap~essed. And the sa~d-- TEZ'e5c3 iiE..'~:a~~ ~
s
or ~?k aa~d . - - - c:ax^~:: :i. :~:e:;uta , .,a«~ , s.pa~aR~ .se wl~rM~. ~
e+e~:ndt:or, by me takrn separete and anart from F,er sa~d h~sba.+d, acknow{cdged to ar+d beiore me 1F.at she enecuted said instrwelnt fry~tY'aqd Ya(wt•
and w:rh~t ~ny comp~:a~on, co~,stramr, appreh-e~n/s,~c~r'ot fesr of or hom her saed hu~band_ ~
WITNESS my har+d and offic+al uai tfi:s-- -_-]LS~__---- day °f-, ' i9~~ I
~•,~~.1~.Y .
- '~-r
Nota ~ Pubilc in end t S?afe flori~ ~~+r~, ; _
My Cnmm~sswn eap~res: = . 3 _ -
Return 7C- . ~r ~ !~o~~~~ ~ -
F~~s~ F NOTl~RY PU~? , _ . , _
e~etsl Sav~ngs 3 loas~ Aisouel.on , , c' ;Z(1 s
MY COMt' _ fL ;
Of fc~r P.-cce 6ENERAL i~:. :~~i~~: ' ~•~:~:'I~ITQ{Z8; I . ' . .
4
fort P~r ce. fic.,d~ !;t Z'.~Y .
3-~'~~ ~j ~
;
This Instrument Prepared By J. ',~ti;"~a~.~~Il1
F+rst Federa~ Sav;ngs b loan Association
of Fort Pierce ~
Checked By _ _
- ~o~~ ~~4 422
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