HomeMy WebLinkAbout0667 3. To piace a~d co.,~~nuo~a~y lrcp on the bu~:d~nys now w hcrtai~e? s~~u~t~ on ia~d fand and on aL' ; q~ip ~.znt a~:d personally cov~red by thif mor~g-
s9e. w;th aN pren;,u~ns ~h~rc~x~ pad in (uli, L~e ir.sursnce ~n ths us~~t s~aw~a~d pot~ty tprm, in a s~~•n aFpro.td b~ Uu hluklir~GEE, and w~nds~orm
~ns~rar.te in thr usud s~andard ~at.:y to~m, i~ a w+n syp~o~ed by ~he NORTGAGEE, io such tanpeny u~ c~~np3~.es as ~he A10RiGAGEE may
dnccr; ~nd s~l fire and «:nd,~orm ~=iwren<e pci~c~es on any ol se~d b~~td~ngs, any inte~at~ tFseran or pa~t ihtr.~o(, m the ..ggrrgate sum aforesaid eN
~xc.ss ~hcreof, iha'1 c.3nr~,n ehe us~ai sta:~~s~d marg.~qre ciaw~ or w~h o~her d~use ~s the Maeyagee may ~eq~.~e, meAuxj ~he ~oss u~~der s~~d pol~
c~r~, each and evr.y, paYab•e :o aa~d hWRTGAGEE as ~ti ~n~,.•~zit m~y ~p~ar, and cacA a~ui e+ery svch ~~,cy ~h,,;l i,e pra,~N~iy ass g~.c<i a~~d dr:~vrrrd ~o
•ny held by s~~d A10RiG0.GcE •s fu~thar sr~ur~ry to aa~d n,o:tgage drb~. and. n~t Iess t1..sn ten (t0? days :n ad:~:>cc of ~F~r caF,~rat.on of rach pol~cy, to da-
~~~er eo ss~d A10RiGAvff a ~t~irwai tf~areof, togethor w~th a re~ce~p~ fw the pr~n~um oi svth ~enev~a; and ~}~rre shail be no f~re o+ ~n.:~dstcr:n in~v~u+ce
plxc~ on any ol sa~d o~~;d.•,gs. any inir.est tnerem a part t~ereof, u~lest in ~he form and w~th the tos~ payabie aa aioresa~d; and in the event any •um
ol meney becornes payab~e ur~der i~ch poLCy w pol~cirs sa~d MORiGAGEE sh~ll have ~hr opt~on ~o rrcc~ve ~,~d apy:y ~;~a seme on acco~nt oF ~he i~xlebt,,-d-
i~ast 3ec~r~ FKtaby Or t0 permit said N10RTGAliORS ~o rCCtive •nd ul! il O~ sny par~ the;eoi tcr o:~~:r ~i_~s. .:~~~~~.:t th,N~.;, ~.~,pa~••
~~g any equ~~y, IiM ot r.yh~ ur~dr~ or Ly virtue pf this mo:'~aga; and in the evenl 'e~J A10RIGAGORS sb3!1 fo~ any rcason tail te krep Ihe saiJ p~emis.s to
~nsurtd, or fail to dclivd prarptiy any OF s~~d poLciei of inturarKe to sa~~ MJRiGAGEE, oi faA promptl~ fo p.+y fu:ty any pre~nwm thereior p in any
ro:~rct fait b p~rfam, d~schorge, exec~te, effecl, tornplete, comply with aod ab~de by th~s toven~nt, p•ny pa~~ hr-rof, saad MGRIGAGEE nray p'~tce ano
eay for iucF ins~re,xe o~ ~ny part ~},ereof vvahout waivi„gi or si(ectiup aoy op~;on, tien, cqu~ry, o~ r:gM unde~ o. by v~rt~e oi iA;s Margage, ~.,d the
~ut~ anrow~~ of each a~d e~r+r s~ch pay~,ie.~t ahall 6e ~rr.rnediately dve and payab~, and shail brar inrer.•s~ trom ~ha dete the~cwf uuul pa~d at the rate of
~.r.r prr crntwn per an~wm anJ to~•,tP~~•r vv~rh such ~nrrr~ sr sh~ii br s~c+.red by fhe lien o1 th,s mo~tgagr.
t. ~o permit, commit or sufte~ :~o wasre, impein::ent a detrrarar;o~ of sa~d property Qr any ~n thereof.
S. io pay a~l ~nd aingu+ar ~he costs, charges and expenses. inci~rd~ng a reasor:ab!e ai~wney's fee a~d cos+s of abs~~acts of t;tte, i~cuned o~ paid at
~ny t~~re by sa~d MORiGAG:E, txca~u or in ~he cve~tit of the la~lure on the par~ of ~he said MORTGA(~OR to du:p, pro~~~ptly an~ tu~~y perfoim, d~scl+arqe.
_.rcutr, etfecr, canptere, co+~~pty r,~~th a~~ai ab.de by ea:h and every thc St~pv~et,on3, agreement:, co~d~~~ons. and co~e ~anrs of se~d p+an.ssory note and th~i
i:orrgaye any o~ r~~he~, and sa.J coits, chargzs and e,~penxs, each snd every, s1u•' be immed~atety d~e and payabir: v.hr~hrr p not ~hcre be nonce dr
m,v~d, a!Ir+~~p~ tu coaect or sv~t prr.d,r~g; and ~hr fu? amovnt o( each and every svch pa~men! shal! bea~ inre,•~s> i,om ~he da~e thereo4 vntil paid at the
,..r o' n.ne ~:er ccn:~•i~ ~•~-r ar,~•~:n; .,:x_ aU sa~d ~csis, ti~~~nea end ea;:ensrs incurred or paid, togr~hrr w.th such u~terest, ahall be secured by the ~.rn of th:s
mwtgage.
b. Tha~ ~a) in the evrnf oF any brcach of rh~s lNortgage w defavlt on ~h~ part of the t!ORTGAGJR, or ,bf ~n rl~e event any of sa:d sums of money
h.~.e~n refenrd ro be :~r p.~~~~psiy and t~uy pa.d v~.~eh~n ih.rty 130i dars n.:xt a~rer fhe same seYe.a'iy be.c~~,r d~e ar.d pay..L!e, w~+~.o~t de~nd w nonce.
cr ;d in thr e+enf rech a^d e~~ry ~he snpv~at~ons, agreements. co~d~;w+u and covenany of sa.d p~o~~~sscry r.of~ a~~d ih,s mofrgage a~y or e~tber •.e no~
iv:y, pron,ptty and f,,:.y ~.~•~fprmed, dsc!~a~g~d, e~rcwecl, efi~~sed, completed, comp~:ed w~th a~d aC~ded Sy, thrn in e,~her w an~ such event ~he saad aQ
:,rrgate sum ment~o~ed ~n ;,.d pra~as:ory no•r then rema~n~ng unp,ud, w~th imerest accrued. and a:~ monrrs secu~ed hereb~, shatl beco~r.e due and pay-
ao.e forthw~th, or thetr.f:trr, at ~hz op!~on ot sa~d h~ORiGAGfE, as iu~iy and co~*+~le~ety as if a4 0~ ~c s.,:J av~ns of ,r.uney ~ere ong~natty s~~pu:attd ~
`o nr pa.d on such d„y, a~iyt~,-g sad pro:n,uwy note u in th]a Mortgagr to the contra.y notv~~hstand,.g; a„d ~hrre~F:an « thnrea+tN+ at the op~~on of
s~.d 1NORiGAGfE, v~~rho~t r•u'.ce o~ drmand, su~t at iaw or in eqwty, therefwe or tAereairer begun, may te p~osec~ted as if a!1 moneys setur~d Ix~eby `
n~~ mit4f~ ~:'~pf ~O ~IS 1~lit~'v•',J+l' i
7_ That in the erent rhai ar tne brg~nn;ng of or at any t~me pe~d~~.g any su~t vpo.> >hi~ Mo+rgage, a to {weclose it, w to reform it, or to eniores ~
~~:ment ot any r.,~~ns he+eundar, sa~d 1:!O?IGAGEE sha!I spply to fh.e Cou.t having ~urtsd.if~on +h~.rof for ~he appo~nt~nenr of a Rece:ver, s~ch Coun shaii '
i;::thwah apFomt t recr~•:rr oS t~~d mc~tqay~l proarny al! and singWar, intiuong ail a~~d LnQU~dr ~'r,e ir.co~ne, profus, iss~es acd ~evenues from whatever f
s. ~~~:e de~ived ea:h a~,cl every ol wh ch, ~s be,n~ ~xp.ess'y undenfood, ~s ~ereby mon~aqed as ~i spec•f~c.+~:y xt ionh and descr:txd in the granr~ng and
iu':end~m c'avses her~~of, ar.d svch Rrce~.er shau havr atl ~hr broad a~d e~fecnve f~nct.ont end ~~e:s ~n anyw,se entrusted by a Covn to a Receiv~r, s~,d
s_;~ appoirttme:+t s~31i t~ ~:~ade by such Co.+rt as an adnirtad eq~~ty end a mat~rr of absu:~~ r~gnt t`o s`a~d MORIGAG'tE, and wahoul reference to 1ne
a~.:.~.~v;cy o+ ~n3dr~;vecy of the vai~r ~f the pioyxr~y morrgaged or to ~he so:ve. .y or ,mo~vency o~ sa~d MORtGAGOR pr the drfr~~de~~ts, a~d thot s~ch
r~-••s. protdt. ~rKOm~, ~is~rf ar,d rerer:.,es shai! be app~~ed by such Rece~~er accord~ng to the t~en u eqwty ol sa:d MORTGAGEE and ~he practice of s~ch
Covrt.
8. io du:y, pron.;^!y ar.d fuDy pe~f~.m, discharge, eaccutc, eff.ct, compi~te, cumply.w~th and ab~dr by each and every tFK stipu(ationa, agreemcnts,
cond~ticns and cuvrra~ra ,n sa,d pra~n:ssorv ~,ore and th.s m~~rgage sc~ 1wrh. • -
9. Ihat m rne e+c~~r rhe ownersh[p ot rhe mortga9~d prem;ses. a any part tixreof, becomta vestcd in a person other than the MORlGACiOR, Ihe
'.'^C'GAGEE, frs s..urs~.:~s ar.d ~ss:gr.a, may, „„rho~r noi:ce to ihe A50RTGApit, dea~ w~th such successw a svtc~~isor ~n ~.+teres~ w~ih referer.ce to Ih~:
~~ya~e and the d_ t«.r~, y sr:~rrd in tt~e same mann~r as w~rh ~,!cre~ago• wn!qut in any way vit.a~ing w d~sc:~a~g~~~ thr blo+tgagori GaoiGty herr
~rr or ~pon rh.~ d~::r •:._~r:y s~c.,red No sa:> o~ ihe'Fren~~nes ~creby ~:~crtgaged ard no forbearance o~ the part oi ~h~ //fpRiGAGEE or ita sutceasws
er ass~gns and ~:o ea•~ ~ s.o~ e! iAe nn,e for Me pdyrr~nt of the deb+ hercby src~red g~ven by ti,e f.'dRTGAGf'_ or irj wccesswa or assgns, at:aH operate
!o rr-~ase, dstharge, mod.?y cha::ge or aftect the o-,g~nal liau l~~y cf the A.ORTGAGpR here~n, e~the~ ;n whoie o~ in p~rt.
10. ft is s; ec.'.~c ~~;y agrred ~fiat !.me ~s of r~e esie~:e of ~h;s ~p.,rracr aRd ~hat no wa+.•er oI any ob~:ga~:on here~nder or of the obligatan se-
c.red nereby sha:i af an~ t1~,e +nerea+~er be h;:d to be a we„rer of the terms ~ereof w of the ir:ssru*-~e~t secvrrd hc~by.
I1- I~ aud • c •o r.,_. t;,•e._c c ^'r c.a.~.r..•nts of ece,c Pe! and~n.erest requ~rrd b~ ifie p~o+r. ssc~Y ,~o e s:.:.rri! ~.ircL~. m0:lqd~Jl covenanrs
:i ~grrc-s to ;.~y to • c.~ty~_nee .~:~f. ~ac:^. ^„•~•h : ~a,. e.~t an ed: ncrtai s~m os! , ar._•u by mortg,gee to cx e:~v~: to 1 12 of f::r onn~el cost of the fOiiOw-
A--A!! r_~~ ~.rop.,-r~ r.~~-s 'e:~~.,J O• dS:tiiSK7 ag~~•~st thc above desc~~bed real ~stare. -
B~- s o.~ t.-., a:.:f •.o~-a •._~~a• cr es i~e:c~n r~.red t
' q o be ca•r.ed c:~ ~he :r-e;.~pvemc.~ts s toare o~ th~ a5ov,,~ d=sc*;bed prem~ses.
C--Dre~r.:~r•~s on s.,:h mo•~~ ~ae g~~a•a~!y ~~ew~a~,ce as ~no~tgayee shafl fro^~ t me ro t:~r.e drem f~t to carry on the ioan sec~red hereby.
hlor.aagee - :,n tc e,~: • f- mo•tyaycr ~n ~r~t,n9 of th~ a:-o:;~t d~e and payak>~e harr~r.d~r and sc.h s~~, shail tnerzuFron be d~e a:~d
.~.a~1e o~ •M~ ~•!;e ..o~e~ and each s~cass.ve :~c-,rh tt:e:raft~r „nrd mc~tga;oe sha!! r.or:ly r,,a.•yagor o.` a change in suth
~ ~„nt. S:~ch s~ •:s s. ~..,d i~v rno•rg jg•~~ ^tona•d tie pay~rent of reai propeny taaes. ~nwra ~ce p~em.u ns, a~d mortgage gu~~anty insu~ance
c iumi'
L': ::7T _ s~ ~ Mo.etGAGO~ has h°ieu~M set h~s he^d and see+ ihe dey and year first aforesa,d.
S+gned, Sea!ed ~:d 'ver¢~ ~n e p~esence of ~
f - ~ J~-~-~ Sesl) -
y . a n n a, a w i
o~-~
` ~ cSe,q
- (Seaq
'S_~~!'_~'.~ ~ nea~
aTE GF FlOR1~A
~t? v ^ ~ ~
~ ;UNTY OF , 1
8efwr me ~nonally aP~a.~d Audrey S~ Hanna, a W1C~0~ _ _ i~
- ro me well known and known !e me to be
_ ind...dv.:• descr~bed in and who e,~ecuted tFx: fwegoing instr~rnent, and acknow~edge~+ t,cfwe me that ~ eaec:,ted the same tor the purposes
Sl1e
.~,.,.eEn exprds=+d. ~ - - - -
~[~OR - -
WITNESS my hacrd and offic~a~ seal th;s day of_ . , ' A, ~~iQ~
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Notar~ Pub':rc ~n nd for the State, F i~a N la~ .
Ret~•n Tn: My Comrn.ss~on eapirer -
• 1'3M
F:rst iedera! Sav:ngs 3 loan Assoc~ion . ~~„j~tj~;a,1N?.-
` Ml l :~:.i:l.t'v::.i_.
~ ~`.Fk%.t ~t •
c~,r c....-~ NO?ARY PUBI~C ~T~,-C ~f ftORtDA ~T L14~
Mr COMMtS;.!;:••• c-•RFS ~,'r,~_ ;?7'~ ~
GENf.RILL IN~tirZu"'~GL :%~~tUzRWR17~RS, INC. 3 . ~ . ] )
This Instrument Prepared By R1ChaZd K. Kayes
First Federal Savings d. loan Associasion FIlfO A!iD RECOR~EO
of Fcrt P~erce ~ Florida iT.LUCIE COUN1ti' FLA.
IIOGER POITRAE
Checked 3y RECORO VERI~FlEO C~..~.~..~- w/~ ~
~ ~ ~lc=
Ju~ 16 I 22 PM'T I
a~ 194 6S7 -
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