HomeMy WebLinkAbout0460 'o plece ~nS cane~nucv~~y keep on ~he bu~"d~r,~t now w Mre~f~er ?;t~ate on sa~d Iand •nd on ali e~.ipne.tt ar.d pe:scn~lly ca~.rcd by ~h~s ma~g-
egs, wi~h ~11 pren:=uny ~hr~eon ~a d~n fulf, fue inswanu ~n ~he ~.swl su„dard po~=cy fo~m, ~n a s~~n aHiuo+ed b. ti~r MOR.+;AvEE, and v.~~~ds~o~m
~ns~rance in tha ~s.ial ftencla~d pa:~cy fo~m, ir. ~ t~m •ppro~td b? ~he MORTGAGEE, ~o such cwnpany or tc*r.pa~~.rs ss the 7.102~G~GEE may
d~icu; •nd all f'ue and w:nduorm ]ns~~a~ce potk~cs on ~ny o1 sa+d tw~~d~~+gs, any inte~r.~ thr~r~n ur ya•~ 1he~eof, in Ihe aggr~y..rr s~~n alo~csa~d o~
in eacess ihrrcof, shali c~+~~in t~e uaval arandard mortg~ye~. da~~e a wch o~1~rr t~ause as the AM1at9~gee m.+y requ~r~, nw?uig ~l~r ~oss vnJr~ s::d ~:i-
;~rs, each ~nd every, para~~r to sa~d 11JRiGAGiE as ns ~n~r~est may appear, and each r~d e~.~~~ +wh po::c~ ahail br promp~~v auy~~rd r~:d de:~.errd ~o
rny heid by u~d MARIvAGEE ss f~rthr s..•.unry ~o si~d mo~eyo~e dro~. a:~d, no~ !ess +twn ~e~i li0i d~rs i:. ud.ence of ~he e~p~fa~,on of e..:h poi.cy, ro dr
t~.er ro se~d MORSG~IGEE a ra~ew.?I tf~ereof, ~oye~iu~ w:th a rcce~pt for the Frrnn~m of svch ~-neNa!; a~~d il~r:e sha11 Ix no hre cr v.:~•du~~m ins~rance
plzc~d on any ot sa~d bu~ld~~x~s, any ~ntricst Iher~:n or par~ thereof, u~lrss ~n tht fo~m s.d wnA N~e ioss pa~ab!e as ainre~a~J; a~d in thr event any ~sum
of nwney brco~nes payeb+r ~nder a~cfi pelECy ~x po~~c~as sa~d AtORTGAGEE sfi,l! heve ~hr o~•t.on to ~ra•~.~• ~~~d apE:r tha sa~~~e o~ eccc,,:~~ a~ the u~~iab'~~d-
nrss secured hereby a a perm~t aa~d MORTGAGORS to rrceive and vse it or any p.vr u~r,r~f ior en:.•r Hu ,:.srs. :..m.,,;t ih :7 er ~^~P~~..
1ng any eq~~ty, I~c» p nqh~ undrr or by vi~tue of th~s mo:`gage; and in ~e evrnt sa ~ MG~jti~GORS sA~!I iu~ any reason 1~~1 to k.rp rhe aa~d p~em~srs so
~nsurerl, a(~il to det~ver pranptiy sry eF sa~d po~~e~rs oF mwrance to sa.d MORiGAGEE, or f..~: p:omWely to pay fu:ly eny pee~,~w•n ~hr~_ior o~ ~n a~~y
~esµecr.iail to per!urm, d~scha~~e, exrcu~e, effeu, to~~ptete, comµly wnh and ab.de by ~h.s COV¢nd~ll, p any pe~~ hrreof, se~d N.ORiG.~GfE ~~ay p~ace a~o
F:e; for such insurence or a~~y part rhereof wnhout warv~ng or af(eaing any opf~on, lien, equ ry, or r,;ht ~nde~ a b~ vi~r~r of ~h~s Ne~tgage, and fhe
t„,i amo~nl of tach ~nd a.ery sucA pa~m.ero shall be ~m~nediattly d.re and paYab!e a~~d shall brar int~rrst lrom the Ja~e Ihcrcoi un1~l pe~d at the rare ol
~._a per cr~t~~n ~tr annu:n ,a~~d to~cfher w~~h wch ~~~cere:~ snau :~e s~urrd by the i~en oi th+s mortgagz.
1. To perr.iil, comm:t or suffer no waate, impairmrnt a deta~orat~on of sa~d p~operty or any part therrof.
S. To pay all and s~ng~~ar ~Sx cous, charges and expensr~. ~n.iuding a rrasonable eltw~ey's fee a+:d cca~s uf abstracts of t3tfe, incurred c+r pa~d af
time by sa~d MORiGAGEE, becdv:e er in the evem of ~he fa:i~•e on ~he por~ of ~he sa~d MORiGAGOR fo duiy, p~a»N~~y a~d fu:iy p.:~form, d~scharge.
„rc~re, eff~r, canp:eee, co~n;,iy w~rh and ab de by each and erery the st:p~~dhOf11, d~~rC~»aTn1S, CG+:c~:L01~3, dnd covena~~~s of sa~d p:Nn~ssory note a~~d d:b
,:orrgaga any a a~her, and sa d costs, c.`.a~gea and r~penses, each and every, shali be im.n.:d~atety dvr a~d p~Yab:e; wherher or not rhrre be no~~ce de
•,~~•~d, at~e•»pt fo cc+:~ee~ w su~t pe~~d~~~3; and rhe f~ll ~~nouo~ oi -ach a.~d e~ery svch pa~ment s~~~~ bea~ ~nerrest Irom ~he date thareof u~~til pa+d a~ the
n,nC ~r .~...:,"i ~.rr o~,.~~~~; ~rx: ai! s~~d cosfs, :rerg~a and expe~ues ~ncu~red or pa~d, togrfhrr Hah s~ch ~nteres~, ahall be secured by ~1u I~en of th~~
moi tgage.
6. That (s) in thc event of any breach of th~s V1o+tgage or deEau~~ on the pa~t of thc h',OkTGAGOR, or ;b} ihe event any of sa'd sums of money
t•_-rr~n referrrd ro br rut pr~~~F.!:y ar.d t~lly Caed ~.~Th~:i th.rty i30i da~•s ~:~.t a~~:•r ihe sa•+~e se.era'i~ txco•*~e d~e and paya~!e. •viti~uot dr~nand or no~~ce.
.c) in thr e~enf each and eve~y ~he st~pv:anons, a~~e~menrs, c•~nd+t.~~s and co.enants o+ sa d p.o?~~iw~y net_ ar:d ~h.a mo~iyage any or e~~her are no~
~~:y, prOmptl~ and fu'ly per!o:ir.ed, d.acF~arged, ~~ec~tt~d, eifetted, compietrd, comp~:ed w~~h and an~lyd Sy, then ~n e.!her or any s~ch event the aa~d ag
~-~•aaee su.r ment.C~r~rd in s>~d pror,•~ssury no!e thrn rcti~~din~ng unpa~d, wal+ ~rttrrr;t acc~urd, and a~i monc;s sccured hereby, s!~ati beco~»e due a:~d pay-
eo a for~hw.rh, or th~reaffer, at the o~,non of sa.d MO~iGAGEE, es i~~ty a.~d coTp!ete~y as ~f aii of t!•r s.,.d s.rrns of rnoney were or,gmaHy st,pu:a+rd
ne ~.d on such d::y. anythu.g ~n s.+d pro•n~ssory note o~ in this bt~r~gage to ~ne co+~rary no~a.~harin:i. g: a~~d th~•revpon or the~ealrer at the Op~~on o(
t~ d MORTGAGfE. v~~the~t no~~cr or de~nand, s~~t at law or in equ~~y, thtr~fore or therrnfrer bryun, neay be prosrcutrd aa :f all moneys aic~red hereby
R_~ matVf!(~ Pr~O/ t0 ,tS ~n~1r2V7~Of1. .
7_ ihai in ti,e c.e~r that a~ ~hc beg~nn;ng of or at any r~me pend~ng a^y wn .~pon !?~is Mo~tga~e. or ro fo~eclose it, or to re(o.m it, or to enforce
G~.m~nt oF any da6n:s ~e•ru~~tir~. said A1JR7C,AGE£ sha!i apaty to the Cow! hdnng ~w•sd c:~on th_~~eot for the appo~~~tn.~-nt of s Recewer. su:h Covrt ahaii
,;~h,n~~~h appo~n• a recr~.e~ of sa.d .r.Jrtgayrd p~Ocerty ait and s~~gv:ar. :ncl~,d:.g au a~~d v~ g., ar fhe ~~,co~ne, p.ohes, ~ss~es ard revenves fro~n w'~ate~er
s. :•-e da~~td, ea.h and e~ery oF whch, ~t i~e~ng erpre~s~y unders'oed. ~s herroy mong~~rd as ~f s~~ec ~~ce:'•Y aet tor~h and descnbrd :n the g~a~~r~n~ and
t~ ~:>rndvm e~svsea hereof, and s~ch Recr~.er ahaii have ai1 the broad ar.d rftetts~t fu~cs.c~"s end 4~.+e~s ~n anyw~se em~usted by a Cu~.t to a kecri+er, a~~d
~h jFpo~n!mi~~1 sheit ~ m~d~' by sv[h LO~rt ds dn ad~n~:te0 rywty and a malter Gf abfo~•utr r.yM to Sa~d A!ORiGAGEE, and v~rtho~f reference to the
.._'_~a,,;cy ar ~~ad~.;uacy ot ~h.e vaiue of the p'ope~tY mo~tgagtd or to rhe so•~r~cy or ~~~;o .~nc~ 01 sa.d ~RiGAGOG or tAe deta~da~es, a~d ~hat s~.ch
.••s. proi~is, incane, ~ssLei ar-.d rever.ucs sha~i bt app~~~d b~ suth RKr~ver euord•ng to tiie i.~~r. or cq~.ty o! sa!d M:)RiGAGEE ar~d 1nr prad~te of Such
Co:.rt.
8. To d.~'y, pro.n~~tty and fuf±y perto*m, d~schsrge, eaec~te, effcct, comple~e, cump~~ w~rh and ab~de by cach a+:d every the a'ipuiat~ons, agree,nents,
~-d.*~ons a~d COvrnann .n sa.d prom~ssorv ~c:e a~~d ~n.s ~»orrgage arr fo~~h.
9. That in thr e.~-t :he e~nr.ersh~p of the :rw+tgaged prem~ses, a any parf thereof, becomcs vested in s penon other than tF.e MORTGAGOR, th~
V~ x^iGAGEf, irs wccesson a^.d ais:gns. may, w~~hoat nonce to ~he MORTGApR, deaf w~}h su_h wccessor w successw [n ~nreres~ w+rh reference to th,s
.•±gage ard ihe d_~or hereby srcv~rd m the same man.,er as wnh bb~fgagor w~rho~t in any way v~t ar:ng or d:uharg:~g the Mor•gago:s tiab~fity hrre~
. w u~~on ~he deor i,~=rey sew+rd. No sa:e of d~e ~:e•r.~ses he+rbf mortgaged ard no for~~ea~a~ce on tfie par~ o+ ~ne !dORTGAGEE o. in wctesson
, ae,~g~s ar.d no e.~e^s~a~ ot ~he t,~,e for ~he peyme~t oi the deb~ h~rf~y sec~red g~~rn by the 1I10+~'•GAGf~ c~ as wcce~sors or ass~gns, sl:ati operate
ro reease, d.schergr, mod,f~ cF.ar3e w affeu the or~g,nal l~au.:.ry of ihe h.CQiGAGJR here+n, e.ther ~n v.ho~r or in pa~t.
10. !t ~s sperf~:~ti~ ag•red fhar r~me is of rhe essrr.cr of th~s co*++rac~ e~d that no waiver of any o6':gat;o~ hereunder or of tF.e ob~igatwn sr
c•~o hereby sha: et ar.~ nrne thereafte: t~e heid to be a wer.er of the terms hereof w of tht ~nstr~•nent srcured n~+by-
1 3. I•i ,;i i r ~ taea~ , ^.-r ~ T.rn~s o4 c;;a' and ~,~is• :eq:, :c~d O~ fhe f,ro~*: ssc~; ,*c . sc -~~rd he~eb/. mor~y~~or eovenants _
~~~i t ~r,~ Har' G'•~' " -
'i~ : ag%ces ec ;:a~ ro ^.-tj~~er x,~h eat~'~ .::,~h y i:~~..,e,•• an adJ •~:,^a: wm ~s• ~~ted b~ n;or~gjgrr +o t~ e.;::3; to ' i2 ui ~`,e .+n•~;,a; cosr of the foiiow-
,
j A~- ri~~ FroF<•t; t~.:s ~c~:~_~ o• ast.•ssc~.i eg~~~~.st s~., ac~.~e desc-~r-•_c! rce~ es•.,'e.
t
fi 8 Pre-*'.i~^s o-e f•r- erd w,rds~o •r. ]nsura~ cr as ~~-•e:a req, ~ed to be ca~ri~d o~ ~hr •r.,;;rov:-ne~+s s.tv3fe on tna abore described prem~ses.
~ C-P~r-~~::~:~~s o^ s:-c~ ^ o'r ~,ae gua~ar:ty ~rs~•ar ce as mC'iqagee sha~' f.~T v--.-e +o ':•~r d~e^+ f~r to car~y on !~e ~oan s^cu*rd ~e~eby-
hAortgagr~ s^~' iro~n f~n,e ro n•ne ~~ot~fy mr.tyagor .n nnh»g of thr a••.o.~t d,_ and y~yab~e herew~d~r a~~d such s~~- sh~:l thcreupon be d~e and
..-h'e on •~C d.,Y ce•e uf rh~ ~,~.r ..:o:~+h.; ~ay:r<<it and each s.:<cess~~e ~ o-~ih tncreaft~r mc+tg ~5ce sha:t nor,fy n~O~t~3~JM of a change in such
~~r.~. Su:n s.,^~s s~ ur a;i :..~d t~Y :nortgegee ro+va•d the parmem of ~ea'• p~ope~t~ ta~es, ~nwrance preni.u~ns, a~d me~t~ayn g...+'anty insurance
. - ~um3. '
IN Y+~TyE~> :,N_i::C?t ~ne sa`-d ti!OR1GAv~~R has F.ereunto set his har.d and srai the day and yea~ fint afor!e~sa~d.
ned, Sea! a-~d de' ~er~ pr sence of: ~y` ~ j,
~ ' ~ _ FtLEJ A~it~ RECOAOE ~ / - - ~ ~~-c~.~ «.n
~ ST. IUC~E COIiMT~ FLA. . • {~a~)
ROCER PO1TR4s
~ - - - - CIfRR c~aCU1T COU , . " , ,
p ~ - - - - - ~ - RECOR~ VFR;FIEO~r • z .0
4
.
' ~ ~ ~lll ZZ ~ ~
OF FIORIDA ~o O9 ~~.~~I ` ~
~J -
:.'uNTY OF ----$t. Lucie ~ i ~ t~jr~J ..a : , _
w. H. Gilbert ~ ~ ~
Belae me pe.sona:ly appeared _
~t E~ Ca11~Zt h~a w~fe, to n,e we~~ 4~uwa,.~d~tcnown to me to be
~~nd:veduais dexribed ~n and who exe:uted the foreyo~ng instrument, and acknow~edged before me that they execvt~d ~the same for tFq purpOies
Mar E. Gilbezt
~~,-:n eKpressed. Ard the sa:d - - - - -
`r of the sa~d - - - - - W~ H~ Ca~1~Zt - vPon e separate Md priwte
~ - -
~ _•;-n:not~on 6y r,e ta:e~ sepa~afe and apert from ner sa~d hvsband: acknowiedged ~o and ixFore me that she eaecuted sa~d ir.srru:nent treriy and vo:u:r
_ a~d w ihoe:t any cOmr.i~s~on, COr.4ttd~nt, dpprehe•~S.On, or,~ear of w from her sa~d husband.
~YITNESS my hand and offic~al seaf th~s- _ _ day of_ - 'July _ ~ A. D. 19__?
~'i
~ ~G~~i ~t~----- ~
~ Notary P ::c in a~d (or the S!.ite of Fior~a ~t larpe
~ I~1y Comm.ss~on eapires:
Rer~rn To: ~
~ ~
~ F~rst i~ersi Sa•.inys S loan Asw:~at.on _
~ pf fc-r V r ~c~. . , . ~ -`~Z
~ Fort P~~-: ce. ~ ~ur •da ' ' ~ ~ `
~ ~ ~
~ ~ ~ I
~ This Instrument Prepared By .1as¢5 D. Chast~iif
~ First Federal Savings 8 Loan Association ~
~ • of fort Pierce ~ Flol~da
~ '
~ Checked By t~.-- -
~ BOR~ ~~7~
F~=
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. - _ . _ . ~ - _ . ~ K..
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