HomeMy WebLinkAbout0780 .
3. To p!act snd co~t~n~~vtily kcep on ~h~ buid~ry~ naw a lroreafta? ~;tua:~ on sa~d ~u?a and on al1 ca~;p.rrnr and penona4y co~ered b~ ~h~~ rtw~rt~
a~t, w'nh all prem~ums ~he~eon pa.d ~n (~II, G~e intw~~ce ~M usual ir~nd •d po~~cy fwm, :n a sv~n aFWo.ed bx ihe MGR~G~GEE, a~d w~ndstam
~nwrance in ths vawl sTandard ~o'.cy fwm. ~n a wm app~o.ed by ~he MORTGAGEE, in ivch t«npany or con~pan~es as ~ha ASORiGAGEE rt+sY
d~recr; and all lira ar,d w~nclSWtm inwronce pol~c~es on any ol se~d b~+~~J:~gs. any inrerrss iherem or part thcreof, in the aGg.egare w~n atocesa~d w
in ex<ess ~hereoi, ~!NII :onrrin ~he ~susl standard mo+tg.igee d~use or ~uch odx. c: ~sr as she hlatflayre may requ,r~. m~?~n~ thr +os~ undr~ ser) polr
c~e:, each and every, pa~ab;e to sa~d b1GRTGAGEE as ~~s ~~terrs! may appear, ~nd each and every suc~ ~w..c/ shelt Ix {:rompriy asagnrd ~nd drl~.rred ~o
•ny Acld by sa~d b10R~Ga6~E as fw~her sewrity to sa~d ~~o+~gage debt, and, no~ ~est 1ha~ i~~i datis in ed.ancc o~ ~hr e~p~rono.~ of e~th pot~cy, :o de-
I,ver to sa:+! MORiGAGEE a ren~wal the~eoF, toguher wi~h a rece~pt fw !Ae p~e~*+wrn o( svch ra~raai; a~~d ~hr~e sf~a1~ tx ~w 1~re or w~~~ds~o~~n ini~ra:+c~
µteced on any ol sa~d b.,~id~~~gs. a~y i~rere~t there+o or ps~~ ~hereof, un:ru ~n ~he fo~m a~~~i w~fh ~he ~oss peyabte ai afc~e~a~d: ard ~n the eYCnt any sum
o; maoey brcanas payable under such pol:cy or Fol~uet s~~d MORTGAGif :i,,,N have ~hr eNr.on ro reca~v~ .,~:d app'y ~be sa~~~e on e...,u:~~ of ~ne ~~~drbrrd-
nris secured hereby w fo perm~t sa~d M~~ATGAGORS to rece~ve and us~ it or any p~~~ ~hr: vl ro+ c~n~•. ~.u~,.cti.~s. ...~~:.~t ~r ~~,:P~~•.
~ng any equ~ty, lien w r~ght under w by virrue of th~s mo:'9age; and in Ihs evrm sa d M0~2TGAGORS shali :or any re~son (a]I to kecp ~he aa~d Wem+srs so
in~wrd, Or lail to de~~~er prompUy anY of sa~d po~~c~es ol ~~wra+ue to sa:d MOkTGAGEE, or f.,~t p:o~T:prly to pay f.•:ty any p~r~~~w:n ~i~r~efw a m any
respec~ fail to pa+lo~m, d~scha+ge, rarcute, efiect, tomple~e, comply with and ab~de by th~s covenan~, d any pa:t h.•reof, sa~d Ju!JRTvaGfE may piace a~~o
pai fot suth insurencs o? any Fart thereof w~rhout waiving a affeUir.g any opuo~i, lien, ea~;~y, or n~ht u..der a 5y v~~~w of :his Mwtgeye. and tht
t~il amo~,~t o( each and er~ry s~ch pa~mrnt sha~t be ~mmcd~ately d~,e and payable and shafl bear intercat from ~ha dafe th~rcof v~•,1 p~~d a+ ~he rare of
n~:,e per cemum per anr.~m and to~ethe~ w~::~ such inter~st sAai~ b.~ s~cwed by the l~en o~ th~s ~ortyaga.
1. To permi?, commit w suf(er no ~vaste, impai~rtxnt p datrr~o~ation of said propNty or a~y part thereoF.
5. To pay afi and sinyvlar ~he co~ts, charges and expensea. ~nclud+ng s re~so~abte atto~nry's ~ee and coses of abstrac~s of title, incun~! or pa~d a~
any tin:r by u~d MORTGAGEE, becavu or in ~he ~ve~~ of tAe fa~lure on ~he Wn of the sa~d MORTvAGOR to duiy, p.anpUy ~nd f~~Iy pa~fwm, d~~cF~rge.
e.xure, effect, canplete, compty wah and ab:de by each and r+ery ihr s~~yx,:af,oni, agrrc~~~r^ts, co~d~+~o~~s, and mvrnanrs o~ sc~d prom~ssory nore and Th,s ;
T~orrgsgc any or cuher, a:~d sa d cosrs, cha:gei and eapeoses, esch and every, sha!I be immed~ately due and payeb:e; whr~hei a nof ~hrre be no+:ce dr
mand, atremp+ te coUrct or swt pe~xl:ng; and the fvll amount of each and rVe.y stxh paymenl shali bea. i~re:rst from ~hs date therrof vntil pa:d al tht
~.;re o~ aine per centum ~r an~,,,-+~: snd a11 sa~d coan, charges arxl ew;xnses ~nt~rrrd w pa~d, togethrr w.th s~ch ~n~erest, shal: be sec~re3 by the I~en of tha
mOrt9Jye.
6. Thaf (a) in ~he even? of any breacfi o( this Mwtgage c+~ defavi~ on the part of ihe ti10RiGA(',pR, w;b) ~n ~he evem a~y oi sa:d sums of money
here~n refaned to be not pro+•~pt~y and ~~~iy pa~d v~~~h~~~ ~A.rty (30f days ne~e a~rer the sa~~e te~era'~y beco~•ir d~e and pa~ab:e, wiN.o~t demand or not~ce,
cr ,c) in the event each a~ everv tne st~pu•at~ons, agreNmentt, co~~drt;o~s and to~e~ants ot sad pro:nasory rw:r ~nd th.s nwug~ge any p e.dxr are ~wt
iu!v. p~w*+ptlr and fufly parfwmed; d scnargrd. exetuted, etfected. comptr~ed, cornpi~ed w~~h and ab~J~d 'ay. ~hen in eaher w a~y s~ch event ~he sa~d ag
~•r3are sum me~.~loned in sa~d pro~n.sso.r t~cre then rema,n~ng unpa~d, w,rh ~~~nro;t acc~~ad, and e.~ mon~•~s a~c~~ed herebr. shail beco.ne due and pay-
ec forthxrth, w ~hereafter, af 1he op'+en o1 se.d MORTGAGEE, as fviiy and cort~p:ete~y as if aii of thr s.+~d sums of money werr d~g~natty a~~pu:dted 1
ro be pa:d on wch day, anylhirr~ 1n sa.d p~o:n~ssory note or in th~s Mo.tgagr to ~he cor~+~a•y nor~v~~hsr~nd~~~g; a~~d there~pon or thrrrefrer at the opt.on of :
na,d MORTGAGEE, w~th.ovt nonce o~ dema~:d. s~~t at law a in equ~ty, theretore or thereaf~er begun, n~ay be prosecutrd as if alt moneys secured hereby
n~d matured pnw to +ts ~~st~Wnon.
7, lhat in the event ~ha+ a~ the b~g~n~~n9 0( o~ at ar.y *:me pend~ng any su:t upon ~hfs Matg~e. w ro forcclou it, or to re+am it or to enfwce
F~Y'+~em of any c.»ms herc~~drr. sa~d MCRT(,AGEE shalt appl; to the Co.,rt havi~:g ;vr~sa c~•on ~h.~eof ior +he appo.nunent of a Rece+ver, svch Co~r1 shall
ruThw~~h appo.nt a rece+Ye. of sa~d mpttgagcd p?OOerty a;I and sing~~ar, incE~,d ~~g a:i a~,d s~ng~+a~ ~he ~r.come, ~rotns, iu~es s~.d rever.ves from whatever
s: •~~ce d.•rwed. ~~ch and e~e~y of wh ch, ~f be~nq ewu.esaly v~de~srood. ~s ~~reby mo.~gagcd as spec•i+ca~~y xt fwth and descr~brd in tht g~a~~t~ng and
h.+bend~m davsei her~wf, a~d such Rece~~er aha11 Mve aIt the brwd and efiecr~ve funU.ons and po+~ers ~n anyw~se emruared by a Cou.~ to a Receiver, end
s. ;h jppoin:ment ah i:l be made by s~ch Courr as an ad ~~ittrd rqu~ty an~ a mattm of aL~so~ute ~:gN to sa.d MORTGAGEE, and wrthout ~eferenct to the
,'.:•y.;ty a inad~~v~~~v of the va~~e of ~he properry morrgaged or to the so.rency o. ~nic+~rncy of sa~d MORiGAGOR a the deie~da~:s, a~d rhat such
r~~•~•s, prof~ts. ~nco==«-, ~swes and revenues sMif be app~~rd by sucn Recr~+e. auo~l,ng ~o the Len w equ~ty of sasd MURiGArEE and fhe pracnce of such
Covrt.
8. To du'y. Fromptiy and fv11 rfo-m, d~sch~r e, exewte, effrct, co r~e, coR, t wish and ab~de b eacA and ever the stinulations, a ree:nents. '
Y P~ 9 ^4~~ P Y V Y 9
c~~.d:r~ons ard covrnan:s ~n sa~d p~om~sso: ~ nou and ~h:s moregage x~ tortfi.
9. That ~n ihe evem the owrersh~p of t4e rr~r.gaged prem~ses, or any parf !hcreof, betomef vea~ed in a pe~son o+her than the MORTGAGOR, the
~•~FTGAGEE, irs s~ccessas and ass~gns, ~nay, with~t noT:ce ro the ~MtOQTGFOR. deat rrth wch succeaso~ o~ sUCtessor m,nterest w~fh rrfercnce to thif
~~tga~e ar,d ~he deor Aereby secured m+be same manne~ ss w~ih Ido+rgego~ v~.~?wu? in a~y .vay vn.anng or d•scha~g~ng ine R1o+tgago+i lisou~tr hrrr
_ ~rr or v~~on rrr_ debt h~.e:,y s~•c.~red No siie of IY.e Fre•r~1rs hrrrby morfgaged a^d no for~¢a~a~ce on the Far~ of the /~ORTi;AGEE o~ ~ts aucceisora i
cr ~ss•gr+s and no ea~ens:on of rhe t:n.~ for the peyment of the deb+ hercby secu*ed g~ven by the NJRiGAG:~ or its svccesaors or ass.gns, a~.all operate
!o re ease, d~scharge, mod~fy c~:e:,ge or afFect the ong~nal !,aa.:.ty of ~he h'.CRiGAGAR herr~n, ather in r.ho~e or in part. {
}
t~. It is spec f~catly ao-eed that t~me is of thr es:e~ee of ~h:s ca~r~ac+ a-+d ihat no wa~+er of any ob gar~on hereundrr or of the obfigation so- ~
,_•ed hrreby shaL at an~ ti~:e me~rafter be he:d to be a we~.rr of the terms herco} a of the ~nsuvment srcured he~by. '
1 L In a:ia f c: . c.e~_ . ~ . ~nr~ ~ parn•_~n*s of .::n: a~! r:...:.s! rey.::: d or +!~e p•om sN.ry nc•e s.:u~rd 'nerrbr. mo:t~e~or covenants
a~~ces fo ~ey +o ~~c-ry~are .+.rth cacn monrh y;;a~~ :r~~r an ad.i ~~ora: su•n ~s• ^ a~e~ t~ ~-o~ry.~e? b tx eq~a~ fo 1 i2 oi t1:r on::vai cost oi ihe forow-
i
t
i
'f A-::~~ ~ee~ ` rop.,. ;+aw~s !e•:~_a or assrssr.i ag~:~s: et,• abo+e d_s:~~~~d ~.at es•ex.
i B . .•e a~d w.r.:fs~e~~•, :^w~y~ ce as nr,e,r. ..-q. r•~d to br :e••,.d ~~~he ove-nen:s Snuete on tfio aoove d_scr~Le~+ prem~ses.
~ p,~... ; c~ ti merr~sge g:,n~nn•Y ~rsv-a~ ce as mc•rg~g~e sh37; +.c... ;,-.e •o d~ rr^ i:t to carry on the toan sc'c~red herebr.
' t~!or.g,~,.c • : n r.. To *,:e ~c.l, :nc,•,,.;gc, n w•.•:ng of ri,o a~- o_ ~f d,~• a^e a+tial~:e he•e.,ndrr and wch s., s~:, i tl,rrcu~~on be due and
~ -h:e on rn, .,i ~h, . o,rn ;;,,i ,i a~,d escti s.,::ess~.e ~*o^m r~„~•~a!,_~ w~. ~-+c•!aegee sF.e'i co+fy n:y•3,~qor o` a chan~e ~n svch
..nt S.,~h s.. ~ s' : at.~~~~J •_+'~j~.e to-•_a•d rhe pa~~~e~! of rra~ prcc.trt~ taars, ~ s~:~~cr Nrrrrc.ns, a~d mo:r~~~e gv~~enty ~nsurance
~ ~ums.
1•Y •;;ITriE~~ :::iEP;O= ~re sa~d A10RiGAG02 has hereu-:to set h~s ha~.d and s~~ai nc~ dr~ ar.d yea• icv ato~rsa~d
~ S:gned, Sea'ed dt~~.e d m the p~ese~ce of: i~ '
~ _ ~ s~~~ ~ ~~Z~
_
1_~, (Seaq
( -
~ •.~-t-i~_-~ 't ~7~' " 'l ~ - - (Sea~
- - - (Seaq
_";.1E Of FIOR!DA ~
~JUNTY OF ~
Befwe me perwna:iy appeared - -'~3~:~ ° ~:ii - ~~d
i.~"1:'.~ -'~i. _ his w~(e, to me we? known a~d known to me to be
.e ind~v~dw:s descr~~d in and who e,~ecur~ the forego~ng instrument, and acknew:edgcd before me that rhey eaecuted the aame for the p~rrpous
~ r'r.are~~ expressed. :~nd the said_ _ _ -=_i~._-------- . _
~ ..,~e of th. said - - - - .zfi C3. :.rE: ~C~~ 1'~•s"' _ upo^'! aopKtle Md Priwt~
~ e.e^~:nar,on by me takr~ scparate a~d ap~rt from her said husband, atkna~~edged to a~d beFwe me that she eaec~ted said ipsbumes~.~r~ely and volun-
~a•~:y and w.~ho~,t any can;,v~s~on, co^ssramt, jpprehens.o~ or fear of or f~om I±er sald husband.
t~ -,y ~ +
~ Y11TNE55 my hand ar.d offic~a! sea! thn_ ~SI_-_______ day of_____ _ , A. 0. 19 L~
~ ^ - - y
v ~ ' ~ . _
~ Nctary ublic ]n ~.x~ for he s•O~ FIO~ida'! t,~~
~ ti1y Comm,ss~on exp~res: , ~
Retvrn To: ~ Q •
s; F~~st Federal Savings 6 loan Asscuat,on NOTARY PUBI{C STATE OF FLORIDA AT LAQ(j~~~,,.-'~. ~
~ C~~ Fo=r P.~ce M1f COMA1iSSION CXPIRi.S ?A!1R. 2, 197~
For P~rrce. F!c.~1j GENER/!1. INS~~RANCE U~IA~P.LIRITFR!l. IF-•
~ _ ~ - ~
a~J ziz9Q3 {
~
~ ~
~ This Ins•~ument Prepared By L• ~ i=~= illEO ~~1~ ~ECL~RDE~
~ First Fede: al Savings d. Loan Association SL lUClE COUMtY fL~
of Fort Pierce ~ ,lo"=':a ROCEF ?OilqAb
CIER!( CI~CUlT COURT
~ ~y R~CORG YERlf~EO.~.~~
~ Checked By 1~--
J~ 11 2 47 PM'T I
~ ~l
~ ~ ~ ~
~
~
~ - _ - °3:` _ . .
~ . _