HomeMy WebLinkAbout0669 7. To pt~ce a~d cone[nuouiiv ?eep on ths bu~:d~~+y~ nuw w Mresf~~e s~~wte on s.~d lan3 a~d on ~t: ~•q„[p,nen? •~~d pe~so~aliy co~.ered br ~h~. ma~p-
•g~. wnh 111 p~emr~+nf ~hrrton p+.d ~n (u11, f~re iu~„u~~ce ,n ihe us~at sr~~,iiard po:~cv ~orm, a i~r» arWO.ed b~ the t~AOk~GA~[E. s~:d w~ndttwm
:nsvr~nte in Ihe uswl a~andard ~w:.;y fa~n, ~n a svm appro.ed by tht MORTGAGEE, in ~ucl~ ca~~ps~~y o~ comnan,es as ~he MOR1„AGEE may
d~reu; a~d o~i h.e a~,~ w.r+ds~o~m i~~su+e,~ca po~~urs on any ot ~a~d ou~~d.:~y~. ~.iy inter,:s~ there~n ~x part ~her~l, tlre syg.cyere su,n atwrta:d or
in eatds thcrtpi. shell c.x~ta,n rhe vwa~ ita,:d~rd .r.ar~egae uauu w wch u~he~ c~~~ss ~s ~hs Mortyayee m~y rey~.re. m~?~r~ thr ~o~s wxler sa.~-pWr
oes. each and tvc~y. p~Yab'e ro s~d ti1JRiC,AGEE as ~rf ~ntrrrst miy appau. ~-.d eac~ a„d e~.~Y wch pe,.c~ shaU b! prpr.Vtly auy.rd snd da:~rrre~ ~p
eny held by sa,d MOCfGAGfE a~ fw~her srcw~ty to se:d n:wtya~e drbr. and. raf ltt~ ehan trn ~ipl da~s in ed.rnc~ of ~h~ e.p~~~f~w~ of each pohcy. ro d~•
!~vt: to ~o~d htORTGAGtE a ~eat~nel tlr_rtOf, togc~her vtith a rcce~pt to~ IAe prcmwm o1 a~ch renrwaf; a.~d tt~r~t s~~d:l rw f.re or w~i~d~to~m insvran:e
Flsced on any pf sa~d lw~Idun7s. any ;nteresl Ihere~n a pAri Ih~reof. ~..tiesa :n ihe form ah!J ws~h Il~e iols payel~le af eFoeesaid: a~d in the t~.cnf a,~y ~u~n
o+ moeey becor.,es payab~e ~~:dcN such poGCy p pol.c~es sa~d MORiGAGEE eh~il ha+e ~hr opt,un to recv~vu .,~~d ap+~!~ fl.e same on scco~m ot ~he ~nalrLtrd-
neii fe<v~id htrtby W lo pl~~si~l se~d MORiGAGORS lo ?Kii~e •ted vW ii O~ ?ny pa~l t?m:rUf iq~ n'n.~~ ~.u~~ :.tes. ...tr.~„T ~h ~•..i. ~•:pa.
~ny any epu~ty, I~en w~.9h~ uncfr~ w by v~rr~e of rh;s mocrya,~e; .nd in tM event ~a.d A1'v;~iGAGOAS sh.+ll !or a:~y reaton (ail fo keep the sa.d prem~ses so
irnur~. p~ fa~l 10 dr:~vM pr~nptly sny of s.+~d pol~t~et OI inwr,t~Ke f0 ~~:d AtORTGAGtE, or fe~i +::cmptly t0 ~.sy fu:ly a~y prr~~n .m thc~efw p ~n ?•~y
respec~ la;l to perfa~n d~schaye, rxr:~ra, ellrct, canpiere, con,ply r,,i~h a+x/ ab.de by ~h~s covenero, w any p,~r hr•eof, se+d M~sR?vAGEE may p+ace a•d
pa~ for such iniwance oi ~ny pa.t thrr~of wnhuu/ w~iviog w•ff~rcting a~y opt~on. Gen, cq~,~y. or n~hi u~~de~ a b~ vu~~e ol :h~s Mo~~gage. •nd ~he
I..;I amo~nl of e~ch ~~~d e•e~y avch pa~n,rot si~a!1 be ~m~n~d~ately due and pay~bl~ •nd s4ei1 txar int~rov fran tF1Q (~dfC IFkreoi ~r~i,l pa:d at Ine ~a~e o!
~~~r per cantum pN annu~n ond to~cth~v w~rh such ~nrerNat snah !x• securrd by the l,en o( th~f mort9sge.
To ptrmit, canmit o~ wfle~ no wasre, impairmenl p otter~oraAOn of ~a~d pro~:erty or any pa~1 thnreo4.
5. To pay all ~nd sinyu~a~ t?~e coats, chuges ~cxl ei~ises, includ,+~g a ~casunable at~o~ney"s (ee and ccs~s of absaacts of ti+le, incurr~ or pa~d a+
t:~r.e by sa~d MORlGAGEE, becau~c w~n :he e~en~ of the frture we the par of the sa~d MURIGA~R ~o duiy, pra~:ytt~ anJ F~:iy p~ifwm, d~a~i~erge
,~e:~te, elfect, ~p,np:ete, canply rti~th a+~d abde by eech •~d evnry the s~~{>:dal,uni, agrre:n~-nta, con~~ho~u. and covrnants o~ se~d pro:n„so~y note ~~~d ~h~s
~~o:tga~a any o~ r.~her, and s,i.d costa, ch~r~es and e~prnsrs, e~ch and every, s1u+1 be immed~ate:y due and payab:e: whriAcr or not ~hr~e be not:ce d>
r.~a~~~, aucrr.pt ro coiiec~ pr swt pend.~~g; and the (u~I ernount o( eacA and tvery avch ~wymrnr :hati be.+• +n~rre~~ fion rhe date thr.eo4 u~tit p~;d af trK
u~ mne }x: .rnwm p.r sn~~u:n; end all aa~J cosq, cMr4es a~id ea~~~se~ iMU~red pr Na~d, toyetl~rr w~th such :ntere3l. ~Aali p~ Kcured by the i~en of th.s
mMt9~e.
6. That in rhe r.cnt of any breach of ~~~s Mwtgage a defau:~ on ti~ part of the t.'.O~TGAGOR, o~ ,b) ~n the event eny o! sa:d wm~ of money ~
he.ein refe~red io be no~ pro„~F,fiy and f~;ly pa~d w~~i,m ~h.~~y i3J1 dars ne.r are~r ~he s.,n,e ae:era'i; t,eco•~~e d~e and peye'~!e. w~fhov+ de~na~.d w nor~ce.
^r ,c) in ~h- e.em each and every the s~~pu:ar~ons, r~eeempvs. co~d~~~o-~s and cove~snr~ ot se d pro~.,~aa~.v r.oer and ~h~s nartgaye a~y w e~the~ are not
iu:y. Pio~npNy and tutty ,^.rrtpr•r:~d, ds:hargrd. execv?ed. effecr~d. cwnpletec~ compi,cd wnh and ab.d~d 5y, ~F,en m e~ther a any such evem the s~.d s~
a~~-g~t~ sum menr,o~~ed ~n ;a~d E+o~~~sw~y n~,re tFun rema~mng vnpa~d, w~~n .ntereat ac.~..ed, and e,~ :no:~<<s sec~.ed heroby, shati becume d~e and par-
e5 r fo~~h,w~th, or thereaffcr, aT the opt.o~ el sa~d A~ORTGAGEE, aa iully and complere~v as it a~i of r!•r s..•d sv~ns of money we.e w.g~n~tly sup~'ar~
tx pa:d on such day, any~~~ng ,n sa d pro:n~sswy nete o• in th~s Matgaye ~o tRe cavrarY noe +.thstand:~~g; and ~here~pon o? ~hertafter a~ the op~~on ~I
1~ ~ MORTGAGEE, v~~~hew no~~cr or demar:d, su~t at taw or in eqw~y, theaeSore w ttKrraf~er ~~n, ~n~y be prosccu?ed as i( a:l moneys sec~r~ Aereby
r. ~d merurcti pr~ev to ~es ~nst•~vr~on.
7. Iha~ in the e.rm ~hat at rhe beginn~ng of or at ~ny t~me pend~~+g any su~f vpon ihfs IVMo~rgage. or fo forctlose it, or to refoim i~, or t~ e~fores
pa;ment of soy de~ms hz•eundrr, ss:d MURTGAGEE shaP1 apply to the Courf hav~ng iur~sd.cr.o~ ~hereo! for the appomtment of a Rece~~er, such tour~ shaU
to~!hw,th appo~nt a.ecr:.rr aF sa~d mo~tyaged prooerty ai1 and s~ngu:sr, ir+civd.,ng at~ ar,d smgu~a~ ~he ~r:come, prohts, ~ss..es ard reve~~es '.o~.: whaeever
so~•ce de.;..d, each ancl every of ~wh.ch, it be~ng e:press!y under:rood. ~s herrby mo~~gaged es ~f spec,!~ca;t~ srt fonh and desa~Fxd in ~ne g•ane~ng a~.d
r.~cr~l~m c'a~ses 1,rreof, and s~cfi Rcce~~er shai; ha.e a~l ~he bruad and effectave f~+,:r ons and powers in anyw~se enrrusred by a Cou.t to a Rece,.e~, a~~d
s. ch appo~namz,.t sh~i: be made by svch Court as an adh;efrd ~u~~y and a n jfte~ of absoiute ryht ro sa~d 6~J2TGAGEE, and wnhout re(erence -ro tt~e
~,1rq~acY o~ inedeq.,ac~ o} the ~r~~~s of rhe properry moregaged w ~o the so.Yency or ~nse..ency o1 sa~d MORiGAGOR p ~!,e defendents, a~~d ~ha~ such
•e~•s, prot~ts. inccn+e. ~ssves irK1 rt.rnues shail be app;~ed by wch Retr~ver accord:~~g ~o the I~en or eQu~ty ot sa;d A10RTGAGEE and the proct,ce of s~ch
C awt.
8. To du~Y. FromF>t!y and fuily perform, d:sche.ge, execure, ef!ect, complete, coriply v~:th and ab~de by each and every the st~pu;at:ons, agr~ert,ents,
:o~dnans a~d ccYrnenrs m s„d pro:~,.sio•y r,ore end th:s merrqaye scr fw~h.
9. That m ri,. e.enr ~ht ow~r~h~p of tFe e~ortgagtd premaes, er any pan thcreof, becomes vested in a person other than the MORTGAGOR, the
Y.`Ri~,AGEE. ]rs s~~:ccswrs and as:.gns, may, v~~ehoW nor~ce to the !~tORTGaOR, deai „~~th wch successw w s~cce~sor ~n ~ntereai wah re(erence to th~s
~o•~yage a~~d the d_•br hereby secored in the same manne- as w.rh t.torryegu~ w~~r+eut ~n a~y way v~t.a?~ng o+ d=scf.argt~g the rAor.qago~i fiab,t~ry he.t
:`dr: Or uE~on thc debt here. ~ sewred_ No si:e of ~he F~en.iies hereby mortgaged ard no forhearan~e on the part o~ the ~AORTGAG~E O~ i`s fuCCesso~S
dSS~t~r.t and r,o exre~s~on ot ~Ae nme for ~h~ payn:ent of the deb+ he.cb~ sec~.ed g~~rn by :he l~t~~gT(`,AGE'_ or ~ts succeasws a ass:gns, s~~~ait operate
7J .e~csse, dscha~ge, mad~fy cha•,ge or affect the or~g~nai I~ab.::ty of ~he ASORiGAGOR herr~n, e~ther ~n v~ho~e or in part.
i0: ~t is spec•f~c~l~y agreed thar t~me ~s ot rhe esie~ce of th:s contract and tF.u no wa~ver of ~rty ob~~gat:on Rereundrr w of the obligation se-
~ed F+~reby she:~ at an~ nnx ~n~reatter ~ h.e:d ?o be a wa:~er of rhe terma hereof a ef the ~~~strument src~red herby.
I1. ir. add r.,- ~o r~~ twe3c :,q ~~•o•-m ~ ua;~r ~n:s ot p.~-t ~ai and ~~,-eres! req.,~red by the p•o:~, esc~y ~.e'~ sc~~•zd Arreb~. rtWri•33yar eo:enants
~-d 3~rees to to r.o-t3,g~e w~rh ra:h r~cnrh y y;a,: •ent ar. add •:or~al w~~ rsr , ated b~ r,vty~~et to ee e:;v>: to 12 of t~,a an:,.:al tost of the toiiow-
~,3 ,
~_Aii .~d .~.F,. r rd,2s !C.;,,•;? ~
"v ~ Y or ass^sti_d aga: s! the aco.•e desc-:~cd r_a~ estate.
6-Fc: ••s f~-~ ~nd ,n; •.dsr,: :rsura-.z as here.n requ.r~d to be ca-~r=d a•: mr --c,rove~r:e.~~s s:+uate o~ rhe above desc~ibed prEm:ses.
C-Vre -:vTs o~ s_,h me•*: •qe gua~an~Y ~~svra~ ce as ^io+tgayee sha?; f.cT r me ~o *,•ne drr*-: fa to cs.ry on the loan se:~red hereb~.
.to~r~epee s^~ to :-e ~-c•.f, -..enyegor .nr t,ny of :he a^ o::~t d,•~ and pa~ab•e hereu~drr and s~cl~ s~~n sha:! the~e~~wn be d~e and
....:b~e on .he ci~•~ or r~.e :.o~th ; pa..r,•nf and each suuess~ve n-o~:!h ~ne:eair,r u~n; m~rtgagee sha!I nor:iy rr,ortga3or ot a chanqe in such
%,ne. S~,h s..~^s s.:~ a,; ied,oy ~-,ortgagre rv.vard tne paymem of rra; prooen~ taaes. mw:a:~ce prz:.,.ums. a•~d mortgage gua~anty ~nsuronce
. ~ '~~:lT3. •
iN ~1:T,.~~S : ~R:Of ~i sa.d ~tOSt*GAGO~ has l:ercu~!o ss! i~~s ha~d and sea~ rhe day and year f:rst aforew~d.
S~gned, Sea'e rd in p~ejence of:
~
% - af)
~ (Serl)
- ~ • ~ ` (Sesl)
_ - - aD
S-~~E OF FlORiOA e81~
C~ 'v.`JTY OF $t. L11C1Q ~ ~ ' , ~ S~l ~
Befwc me persor.a~ly sppeared ~.~i~i9t-
a
H071~.fd W~ Sa~nsc~n and Hel~ D~ Sa~an~ hu~,~e, h~s w~fe. to me w Is'.~nonwn~ known S melo
•~e ~nd~Y~dwa deur,6ed ~n and who executed ~he forego;n~ instrumenr. ~nd uknowledged before me that they e:etuted the same fw the purpoaes ~~f! '
'he•e~ a ressrd. And the sa;aB~ita__ a pf Will~s~ F Sasr~Qen at~d HolQn i] ~
~ife p~f~ow~rd_W~ Saapsan; an Iris T. Saspson, ~ife of Faoerson G. S g~
a'~'~^ . sep.,.~e ,nd p.i~.f.
e.a~.;:rr+,on by r.~e f~ken upa~at= and apart from~ sa~d husbandy acknowledged ~o and before me thatZf+erexecured sa~d instrument iree!y ~nd ro~~n-
.y and w.~ho~t any co~~pv:s.on, mnstra+r.t, apprefx~s,on, o~ fe~r of a(romT}y ~;d h~stsrxlS.
~ -
WITNESS my hand and offioal seal th~s- day ol_`.,. - _ ~ d ~y,~
~r
' ~_L_~f,~ -1L/~'~t
" Notary Pub11c in •nd for ths St~te 1'fb+~d~ a lar~e `i y) ~
MY Comm~ss~on exp~.ei: ~ ~ ~~~j~ ~j / ~ , -
Re}urn TO~ " .
i~rst Federnl Sav~~ys 6 lcan Asscvat:o~ ~12830 _
O+ 'c"? 'v , -
Fcrt G~e•ce T •~•.•~i - .
P1LE0 A*D RECORDEO . i • . _
gt. luC1f COYNTY f la-
NOCER POt~RAS ~ • • _ _
CIERR Ct~C~1~t COURt _
7h~s Instr~ment Prepared By J~ D. Chast~i~ Rf~pROvE!~~f1ED...-~"
First Federai Sav:ngs b loan Association ~ t_
of fort Pierce ~ FlOrida ~11 ~6 PM~1~?'
w~ ~ ~ ~r
thecked By
B~~K194 66g ij=
~
~~ti_ . _ _ - - ~ - ~