HomeMy WebLinkAbout0896 3. To p!x~ •~cd conr'nvo~ily 4eep on tY» b.+~'d.nas now w hereafte~ s~~w~o o~ s~~d I~nd ~nd on aR cqu~Evne~t s+~d pe~so~ally cowre~i by ~A~~ mo~~9.
y~. w~th all prem~urni !',ereon pa.d in lull, f+re ~~qu~~Mf ~n ~Ae u~wl stsnds~d po;;cy form. in a...,~~ .Hy,~.cd y~ N~e htOSt::,AGEE. a~xl •ir~duam
~r.suraM~ in ~M u~wl t~axla~d pol~~y (am, ~n • sum apyro.~rd by rhe MGk1GAGEE, in iuch ca»p~ny o~ co•ny,an~es u ~he MORIGAGEE may
dhec, ~nd rll lir~ ar.d wmdsw~m ins~,ance pol~ues a~ any of w~d bu~id~ngs, ~ny in~e~~~t thc~e~n ~r par~ ~he~eol, in ~he ay~~~y~ee tum alucsa~d o~
in •acest ~hcreaf, sAsll coma~n ~ha uwal •~and~rd mar~ga9ee cl~us~ a such othw c!~„s~ •s ~t~e Mweyayes n~ay requ.re. ~~ui~~wa rl~r loss u~xJav •r~d poli-
ues. each uwi ev~.Y. pay'able to •.,d MOAiGAGEE as ~h ~nl.rru maY +ppea~. ~nd each ,,nd e.a.y wch pc.~~cy shall be prwnp~lY ass gnrd ~„d de~~~a~ed ro
~~y held by sa~d h1pR(GAGfE as Iwthe~ srcueity ro ss~d mat9ay~ debt, aad, no~ Iess ~Mn ~en (10) drys ir, adva~.ce ol tt.e e~p.ra~~on oF eac6 pol.cy, ep
hver to s~:d MORIGACEf e v~~ew~l ther~pl, toyett~N w~th a rece~pt far the pram~wn of svch rene.val; a~~d ~i.nre sl~~;l be no i,re a w~~~Jt~u~m inw~+~ce
p~sc~d on any ul ss~d bvildugs- any intcrest ~hero~n or par~ tF.ereof, untess in the (onn and w~th ~he ioss payebte as aforese~J; a~~d in the event ~ny wm
of rnpney beconxs paYable vnder such policy o~ poLc~as s~~d MORTGAGEE ahall Mve ~he op~,m to rccc~ve ..~.ei ap~,ty thr same on sccovne of ehe i..dcbtrd- E
nraa ucurn! l~ereby a?o Ncvm~t s.~~d MORiGAGORS ro receive and us~ ir p any par~ tlhr r~l ru. o:n••r i.u.; ~s.•s. v.~N..,..r ~1: u f ,~,~p,,,.•
~~+g any eqv~ty, lieo p r~ght uncirr .x by virtue ol this mo~tyaye; ~nd in ~h~ svMl w~d MORIGAGQRS shall tw any r~ason (ail to krcp ~he sa;d prem~sr~ so ~
~~sureA, or ful ro de:~ve~ prwnp~ty any oF sa~d pol~ciei of inivrance ro sa~d MORTGAvEE, a la~i j~romptly to pay l~.ty any pr~~~:.~m ihe~cfo~ w;n any i
respecf lail to pe~fam, d~sche~ye, e;ccvte, eflecl, comptrte, car.ply w~~h •nd ab~de by ~his covu~an~, a any pa~~ hcrco~, se~d 61GRivAGEE may pi~ce a~~d t
par fa ~vch insu.ence o~ •ny pa~t ti~e.eof w~thout waivin~ w aifecti,g ~ny ope~on. Gen. equ~ry. w nghi ~~,de. w by v~re„e of eb;i Mat9ya, a~+d !IK j
f,,;1 a~iw~rnt of eatA and e~ery such paymcnt sMti be ~rruocd~~tely due and p+yab~e and shalt bra. i~te:~~~ from t1w da~e ~hc~col unul pa~d al ~he rate ol ~
n~ne per ct~rum ~r an~iu:n anJ tu~~~h~. w~th s~h ~nrerc~~ sFui~ bc secwrd by tFs~ :ien af fh~s mortgage.
To petmit, commit a suller no wasle, impa'ume~t or deteriorat:.~ of said p~opetty p a~iy garl thrreot.
S. To pay all and sinq~tu the costs, cha?qes ~nd ea~xnses, inciudi:~g s re~sanable arrcvaey't fee and costs of ab~t~act~ ot t;tle, ;ncurred or pa~~ ~t
any time by sa~d A17R(GAG:E, because a in ~F~ tve~~ of the ie,luro on ~he par~ of the sa~d MORTGAGpR ro doly, prornptly a~x! fu:ly perfam, dncharge.
e.ecut~, elfecl, tompkts, co.nplr w~th a~~d ~b.de by eacF and every tne s~~pv~~~~ons, agrrrme.~ts, co~d~t~a~a, ~nd covenants o~ sa~d pro:n~zsory note a.+d M~s
n,ortga9e any w e~rhM, and w~d cost~, chi~ges and aapensrs, eath and every, sh~ll be immed~aiety due and payab:e; N,hr~hrr a ~ot ehere be n~e~cr de
mnid, attempf to t,~l:e~c! or suit pcnd.~g; and the full amount of each e~id eve~y svch paymmi shall lxsr M1C~P11 irom tF~e dete ~hereol un?il paid a~ ~F,e
+are o1 n~.» ~r c.ntum ~.~ar a~~,i~rn; a~~ eil sa~d cos~s, cMrges and ex~,rnses incu:red p pard. ~oyethe~ w.+h a~ch ~nre~eat, shall bs secured by the 6rn o! ~hn
r*wrtpay~.
6. Thal (a) in the evcnl of any lxeach ci thit Mortgaye or defau:t on ~1,e pa~t of ine :~10RTGAC,OR, a;bi i~ ~he event any ot ss:d aums of mon~y
herfin ref~ned ~o be Ro~ promptly and f~lly paid w~~h;n ~h~rry i301 days r*ea~ arre~ ihe sa:ne ae~er~tty 4ecome due and paysb)e, w~t/;o~r demand a nonce,
or ;c) in thr e~enf each and every ~he snputan~ns. ag~eem~oq. ca+d~rwns and covenants of se.d promiiwry no~r a~xl ~h.s mo~tyafle any or e~~F~er are no1
i~l~. p.a„p?iy and lull~ perlorr.~ed. d xhirg.d. eaecu~ed. elfccted. tompleted. coma~~ed w~th and ab~~d ~y. then ~n e.~hcr or any wch eve~t the sa~d ag
~-~-gete som menr,cu~ed in said p~an~~sw~• n:-re 11un remw;r.ir~g ;,noa:d, wieh intc~ei~ aar~~d, end a:t monrys xcured hereby, sha~? Grcome due and pay-
ao:e fo~thvr:eh, cv ~hereaf~e., at the op+>on of sa d RilOR1GAGEE, as fvliy ~nd comptetely a~ il atl of ~hr s.+~d wms of mo~ey were a~g~oaily st~puiated
ru be pa.d on such day. anytMng :n sa d pro:n~sso~y note u in ~Ais Mwtgage ro the co.ierary notwiihstand:.~g; and rhrreupon or thereaher a~ the opnon of
sr:d MQR~GAf,EE, v.rthow norKe o~ demand, su~t a1 law w in eqv~ty, the.dwe w therealter tng~n, may be prosecuted as if all mone~s secured hereby
nod maWred pr~or to ~ta msntut~on. j
7. Ths~ i~ the e~cnt ~hat nt the beginr.;ng of or ~t ~ny time ptnding any su~t upw~ this r1Aa~tgage, w ro farc~ctose it, o.• ta re?o~m it, or to es.force
payment of ~n~ c!,.,ms hereu~~de~, said A10RTGAGEE sMil spply to the Court hav~ng ~ut~ad:c+,a> >hcreot for i?~e appo~ntmrnt of a Rrceiver, such Cou~t shall
Forrhw:th appomt a mcr~.rr ot sa~d mo~tgeyrd proorrty all aod sirgvtar, inc;ud:~g ~:1 a~>d s~~~gu~ar ~?u ~ncon:e, p.o~~ts. ~uues and ~even~~ f~om rvRatever
s:u-ce derived: each •nd erery oI wh..h, :t beuig eap+essly ~n~rsiood. is he~eby mor~geged as ~I speof~ca:ly ut ia~h and desvibrd io rhe yram~~g and
!~~bendum ~ia~aes hereoF, and such Rece~ver shall have atl the br~ and eff~cave fu~ct.c~~s a~~d powers in anyw~se emruued by s Court to a Rcceive~, and
a.ch apFwi~tment sl,aU be made by such Co~.t a~ an ad:nntrd eqv~ty and a matter of absa;ure nght ro sa~d MOQiGAGEf, and w~tiwut ~elerence to f1+e
e.i~-q~acy w madrq~acy of tR~ val~e of the property mo«gaged or ~o ti,~ so.vency or ~nswvency ol sa~d MORiGAGUR a th~e deiendants, and thal s~ch
~r•~~s, pro~~ta, incomr, iu~es e~d reven~s shatl be applied by such 2cce~vrr accord~ng to ~he licn w equity of sa~d MORTGAGEE a:~d the prau~ce af s~ch
CO~rt.
9. ~o dv~y, promptty and iu~ly p~rfwm, d~xharge, execut~, effett, complete, comply w;th and ab~de by each and evrry the stipulatia~s, agreecneN~,
conditions a~d cover.inrs ~n sa~d prwn~saory note a~+d th;s mer:gsge sat iwrh.
9. ihat in the event t1K ownersh~p pf the mortgaged prem~ses, w any part tfxreof, E~~s veste~' in • pery~n other than 1Fx MORTGAGp~, ~he
h'ORIGAGEE. ;ts successo.s and ass~gns, may, wi~hovt noi~ce to ~he MORTGApR, deaf w~th such successa p succesa~ e E-eeres: with reference to thh
'o~fgege an~ the drbt ~ereby src~:ed in ?he same manaar as wtth Alortgago+ w~thout in any way vil:ating or d+scharging 1F~e Morrgago~i tiabihty ~r~-
:•~der or uFwn the debt here.y secv~ed. No sste oF rhe pren2sts hzrzby ~rw.tqaged an~ no lwbearance en /hr pur of the MORiGAGEE w in wt~cessors
c- ass~gns and no exters~on of :he hme fw the paymrm of the debt hereby sec~rrd g~ven by the MORTGAGE'_ or 1ts successws or aas~gns, shall operate
to re~ease, d~xharge, mod~fy ~!~~~ye o~ afiKt the orig~nal tiabd:ty of ~he MORTGAGOR here~n, e~ther in whole or in part.
10. It is speo~~:.+4y aoreed that time is o! the esu~ce ol this conrracr rnd ilur no wsiver of any ob:!gar~on hereundcr or of th~ obliqaYan se-
c~~+e.~ hereby shal~ at an~ nme tkrreafter be he!d ro l~e a~va~ver of the terms ~ereot w of the instrument secu.ed iK:rby.
11- !n a,id ro the fo:r3e ng mpnth!y pay~nents of p:ir.c ~al and inrerest req~:red by the p+o+n.ssory no!e secured hcreb~, mortgagar covenants ~
r•d agrees io ~„1~ ~o :~-o agayee x~~h cach mor.ah.y i;ay~ ~ent an add.r;ona( sum es: :~•atcd b~ r.sortg~ze t0 be eqval to i 12 of tSr an:,uat cost of the fo~iow-
' n ~
A-.i_i rca; ~~cpe•s~ ta¦es ~r::ed o. assessed ag a~~:st rhe a!~cve desc.•ibed reaf esra~e.
B- P.,:r -s on f,re a~d N'iR(~SlO!!~1 ~nsvra~ce as i~e:e~n requ:red to be ce.*led on the ;r.,;,rovements s:rvate on the atwve d-sc+~bed pr~m~ses.
~-Pre:*. ~ s u~ svch ^~~nrt~aae g~a+amv irs~ra~.ce as mortgagee shaY f.on: t.r+r To time deem fit to ca~ry on the foan sec,+ed he~eby.
Abrtgagee s^a! `•om,rr•-~e to r:me nor~iy mc-tyage~ ~n wr,t.ng of fF~e amou~t dvr and payable herev~d,,~+ and s~ch sur.: shall rhereupon ~ due and
.-.~b1e o~ t~ c.~e da•_ ef ihe ~•_~t mGr.th:y oay*-+en~ and each success~ve mozth the~eaft_r u~;n! mcrtgagee sha!1 not~fy rr.o,egago. of a change in svch
~~~t. $uch s..~-: st,r ~ ae ar.t..~ed ay mortgag>r :o~ard the pa~ment of rea: proNe-ty taxes. ins~rance prem,ums, a~x/ morfqaye g~aranty insvrance
r e^~~;,ms. -
` IN \tITN.~$ ::4ER~~1F tne sa~a MU?t~GAGCR has hereunto xt h~s 6ar.d and s~~al rhe day ar year~ :ipr~s" G
~S~gwe~, Sea':ed d de~~v in the prexnce of~ 1
j
~ .C%
at~
Z . e
{Seaq
- a , Ye ts~~q
tse~i~
S~~'E OF FLORIDA ~
St Lucie u- " • ~
_~u~irr oF • _ ~ ;
Before r;~e p~npMpy appeared Albert W, CiOIt
- - artd
- Ella G GOZe h~s w~fe, to me well Rnown and known to me to be
e;nd;y.dw:s descr~ued ;n ar.d who execured ~he fwego~ng ins~rument, and acknowledged before me fhaf they executed the sa~.~e tor the purposes
r~.erein eap~esud. Md the sasd__~ Elia G• G01e
,,;a _ Albert W. Gore -
upon s separ~te and privat~
°•~T,.~at~on b~ me taien sepa*ate and apert frcT her sa:d hu}band, atkraw{edged ~o anci before me that sFk executed said inatrument freeiy ~r.d vo~uo-
e•~,~ md w:tho~t ~ny coTpu:swn, cons~ra~n:, appreherla.:x+, q/`fear of ur f.om F~er said husband.
WITNESS my hand and off]c:ai xal :h~s_ r7'•~
t~--~-._ day of__ .luly , A. 0. 19?~
. ~ ,
, ' _ l.~`.l " ;
' Notary Dubl~c in ~nd iw the State of F1p~itl~ N ~
Rcrvm To~ , My Convn~ssiw? expiresc /O 7l
,
~~.~'~C~~~,,
~ ~
.L
f:rat Federal Sevin9s 6 to~n Ataoc~at:o~ _
2129'78 - _
Of ~ore P . •cF. ~ _ -
. F~.. F:,;.:;s~ fiLEO ~?KD RfC0RpE ~ j-= ~ J ~
" St. luCtE COUNTY F~~. - ~ , O ~ fa ' ~ _
QOCER POITRAS - ~ ~ - : '
= .J - o,
CIERK CIRCU~T COUI11 ~ , ~
This Inssrument Pre~rec B Richard K. K,syli RECORDYERIFIEO.~.~
First Federal Savings b Loan Ass ciation ~ S~'~jE ` ,
' of Fort P~erce~ RloZida W~. ~B ~Z 13 ~ 7+ ~ ~ _
s~~~
Checked By . ~ ~O
R
a4~~c ~
194 896 ~
~
. ~
_ _ . _ _ _