HomeMy WebLinkAbout1493 3. To p:aca ard cc~,~~nuous~y Aerp the t;w:u,ngs ,~o« or here~iee~ 1~~Jd~Q 0~1 SJ:d 's•*d and an e~: rq.~p~~~<m a~•d penonr:~y :o+~•~ed 'or ~l~~~ mo~tg.
ege. w~ih •!1 p~rn~,u:,,s ~ha•rron ~..d ~n t.,it, t.rr ~us~re•~:r ,n ~nr ~t.~a~ t~e~sir.d pu:,cy fonr~, ~n a a..m s,.,,~c.ad b. '~+r t.:.i~.v..v~E. a•d w,nJ~twm
~nw~i~xe ~n ihe ~.ti„al a~~~~da,d ~o:.:y lor~n, ~n a w~n a~ j;r,,.r.! cy the A1.iRSG~:.Ec. svch ca,~;»„y cr w~•,,:a~~,rs a~ ene ;tQRIvAGEE may
d~rtCl; a,~d dll hro a~:~ w.ndita;rrt~ mtwante pG~~[~rl W~ •ny 01 saK~ b~,•'d..u~a, •ny ~ntr~r~l thrreni ~`r parl Ihcraol. ~n Ilu ey~~. y.~:e 3~~~~~ 1tO~rSe~~~ O~
in lattif ther~w{, ShaJ co~~t~~n the ~swl ata••.la~d ::.o~Ty.~yre c~~ute or SucA Ot1~rr c~awe ss thr 1.1o~ty~;re ma~ ~rq~•re, me?~ng t!'.r .uii v~+Je~ sa~d pOlr
c:c•s. ea<n a~xl cVrry. Par~~'e ~o se~d .~lJR1vA~:E as ~rs .n~rr~s~ rna~ ep~ar. a~,d cach .,nd c.or~ w.h y., ~c/ si~,,~i be prorr.Nny ass y•~.•d ard da...~•rrd ~o
any hrld by se~d t.IJ~tGAGEE as fw~h~r s~wnr~ ~o sa,~l n.~~~~~ye d..•ur. a~:d. nor :rss ~i~rn tr~~ ~ti): da,s JtI.J~:IQ o! ~h~ c=~~~re+.:.~~ oi eo:h pu.cy. ~o de-
:~ver to ta~d MORTGAGEE e~e~~c~cai Iher.•of, tiyethr.~ v~~!h a n•tr~1>t for Ihr prom~~m ol sU:~1 fNib•h.:, ,1.K~ ~I+rre s'+.~.i t;c nu I.te .ti .•.1i~~'~n ~r,suran:t
p'~ctd on any of sa•d b~~'d~~~1s. a~~y ~ntrrest thrren or part tne~i•ef. u,'.s~ ~n rf~e fcrm a~~ci .~~'h the .oss {..+~o!.:e as a!o~eta~d: ~~•d ~n ~I~r t:rM eny f~m
of nwnry tsrco~~~rs payab!a c~,Jer wch pc:•cy or pol.c~ea s.+~d .ti1JRiG%~l,iE sh,.ll have ~i.~ o;:• ~n fa ~ro.~...• .~J r t+~~• aa:nc on a::~~.,~ 04 ~h,• ~.J..•::f.d~
~~a~s sr:wed hr~rby or to ptin~~t srd MORiGAGOR$ lo rrcc~~r end ~se w an'/ f,,.•t +6••:, of t... cr.~. r~.._c. s. ...t ~h r
~ny any tqu~ty, laen cu ~~~hf undr~ O~ Ly ~utue of ih~a ~np.•yay~: ~~~d ~n the ivrnt s~d 111~r2S(;rAGt~RS th+'1 [ot.~•iy :rason 1ai1 IO icep ~F~r s.+~J p~c•n,s.•yfo
~nsur.•d, or fr~l to dr;~ver p~o~t,a,ily of a,~d pol.<~rs of ~ns~..a~,cr to sad R~ORTGAGtE. cr r.,~. j~•o~~~,~,y ~o ~-ay 4,,.:y any F:r~•,~._:~• tn~r,.•~w or ~n a~r
:rs~ect fail ro pe~fo~m, d~scha~ye. ex.•t~rr. eflrct: cai~y'r~r. co~.~~:y v~,~eh snd a~~da Ly th,s co~r•~.~,e. a a„y h~•~ro~. s~,d r,~.~~R~~:.G=E „~ey {..acr a a
~ar la s.:ch ~ns~r.v}ce or eny part thr~euf v.~~ho.,t w~ivu,g or e;f~u~~,g eny ox•r~„n. i~rn_ rqu.ry. or r,_;~~~ v•.Je~ o~ b,r ~~~we o? cl,;s Ato~•~.,yr. a~~d rhe
f~~i ~~~Wt+ni OF t~Ch d~~ C~l~y S~Cti ~3~~1~rn1 f~13~1 ~X ~«u~lCC~idtr~Y C~:~C J~K~ NdY~E~~~` d~~(~ f~~..il t~~•.~~ ~~~l~'f~i~ tru~~~ :f~d OdiC thc~«~Ot V~~~~~ ~~.+~d iffC f.lTB C~
P pa•! Ci`ntum ~•!r er,nvm a~~.~ *.•.jrf•~:r .~~•h 1u:i~ ~n:r'cit aha~ .u~ 1.•c..rr~ b~ I~lt i~ln Of th~f an~Nt j.)ya`.
I. To {xrmit, com~nd ot wtfrr no waste, ~mpairmem or drtrrwrer~o~i of aa~J yropeny W eny pait th~•rcuF.
S. Io pey t!' a^d ~~~.:~.+r ~hr cost:. cheraes a: d c.F~er.s~~s. ~f~=,uci:•,3 a re>so~,al~'e, a:•cr.+r;'s fr~ .~~d ces~s of abs~racn ol t~Ne. ~~,c~rr~d or pa~d at
~~iy t~ *~c by aa,d A1JRTvAv`.E. bec.+vae or ~n thr evant of fhe la~~urr on ~i~e po+r of ~he s.~rd A~1JkiG:•C,UR ~o d~:Y. p~o :•;,tiy end fu.~y p~•~!o+m, d•?~harge
_.r:utt. effeU. co~ny:r~e. co~.,p;y v~~th and at,.lr by each and e.~•ry shr se,~,~:e!•ens. eg~.~.,.•~.~~rs. wnd,r,a~s. and co.c~ e:,rs o1 s,~d p~o:~,,.sw~ note a~:d tt„f
'~~o~1gage any o~ r~~lkr, m:d ao.d cua':. c1a~.~es .~.~d eaFenses. each end rti'rry. S~~J~1 L1C n•,.•,.d~ar~•ty d.,r dnd F'OV3Ll'. K~1cIIir o+ n~t :h~-re bi no*~cr d-
a••d, at~r~np~ to co.~etf er s~it ~~~d:ny, and tr:e fu11 r-~ount of rech and eve~y iuch ~•ay~~«nt nt,~i~ bra~ u,~•~+es~ !~o~n the date ~h~rrof u~t~i pa~d at tr~e
. oi ~~.ne ~;er :.,..,,•n ;~•r .,nc: ~;i sead cvsn. ~ia:grs and ia:.tius:s ~r~c~trre! o~ pe~d. toyr:!:rr w.~h s~ch .nte~.rst, sha,l be secured bY the uen of Ih:s
.nartgage-
6. That ~a) in the eveM of any b~rach o( th;s 11~ortgage or de{auft on tiw p:irr ef t~~v 70RiG%.Gi)R, or ,t,) ~n rhe eveM any o! aa d wms of r.oney
I,••.•:n refrrrrd to br not +•r..•n~,•cy and !~:iY Pa.d .:~ri:,~i th.~fy ;3J1 days nc.• e••.• tt~e ~..•nr se.e.,~.y o..•co•,.. d.:r and pa~el~fe. wat~o~t demand or not~ce.
in thr r:e»~ rach and rvrry ti,e st~;~u a:.uns, a_7rer:nents. co~:d~e,o:n a~d co.enar~~s ot sa d i=u•n.ss::~; ~:oer a~~d fh.s rt.ortr~agr an~ o~ e~ther e+e not
i.'~ pro~*+p~~r and !~liy perfo-med. J s:~i~yrd e~ecutrd, ef4rctrd. com~:ered, co~n~..ed e~fh and e!:.~~ v~v. then ~n e,thrr w a~y s~ch event ~he aa:d ag-
,•.3a•e su'n mer.t~e•~ec~ in sa~d prO~~~~ssor~ r.cir thrn re~n.tni:eg unpd~d. wdh u~rrrr.t acc~.:rd. er~ a~: •ner•r~S Se~ured hrrecy. SF.eil bcWnu du! and pa~-
r rortha~!h, c~ ti~rrraft~r, at the ep•~on e+ s.+~d M1t.?~2iGA~a:~. as lu~~v and CCmF::ztC~Y' as ~f a!: of +'~r s.: d a~.ns of ~nuruy were or.g~na,~y tr pu~arrd
•,r p...d o~ s.:h ii. .u•y~h.ng ~n s.~.~ pro,,~swry note o~ th~s Morfqage ro ~he co~~~rary not.o.~hsti~ed::~g; and ~Fxrr~pon or th.:r~aftz. a~ ehe oFt;on of
s. d!1RORTGAGEf. .+~if:.:' ~,oncr or O~msnd, sud at law w m eq~~~y, ~hr~et~re O~ MCfCAtTEf 6~~9un, nwy be proaec~red as if ail moneyf sec~red he~eby
red masvrrd pnpr tO ~rs ,:~shtut,iln.
7. ihat ]n ehc e.rnt ~hat at fh.- bey~nn;ng of o~ at any t6ne pe~du~g any su+t vpoo ~h,y lM{o••3ege, w to ~o~eclose it, or to refo.m i+, ur to enforce
; irrnMt Ot d~y c'.~+~~~s h~•eu~~~~~*. sa~d I.tJRTv%~vEE she:i eppiy to thr Court havu'~g ~u-~~d.c'~.?•~ 7!•~~:.~4 tOt thr appJ~ntrnenl Oi a Recr~ver, such Cuu+t Shai
.•hw~rh ape.r.nt a r:•:r~.rr of se~d :~-orry.igcd prockrty a;i ar.d sin~oiar, inc.~d ~~g e~~ a~ d a.,~., a~ e:.e ~„".e. F~o4ns. ~ss.,es and re.en~es fro:n wh~tzYer
s, _•,r de~~.rd ea.h and eY~-ry oi ,.~,c~,. ~t t~e~~~g e~press!y ~ndrritood, ~s he~--vY me.•ge_:~-d as ~i s,ec,f~ca::y sef fo~rh and descr~brd m tAe gro„~~~,~ a~d
e•~dum c.+~~srs hrr,Wf, and svch R.•cr.,e~ shai, havc atl rhe L-+.;ad a~ed et4rcr~re (u~~ct ..~:s r.nef po~..e•a ~n anyw~se entrusted by a C:,v~t to a Rec.•~ver. a~~d
s,_'. .~F-co:ntn,c:~! atia:: br r'.+dr by s:ch Co~~r as an ad•~nr.~d ~y~~:y and a matter of a;.io:..Tr r.gh+ ro sa~d A1JR(GAGEE, a~d w~shou~ re(erence ro the
•~.;c~ or ~~u:i~,;~~a.i o! iFr va:~•e c( rt,e propr~ry mo~~gaged or to the so~cncy e~ ~~~sc..••ncy ot sa:d htORtGAGOR or the de+n:da~ts, a~d ~hat svch
•s froi.rs, ~nc.~~~e, ~ssvrs and rerrr.ues shali be app::cd ty such Re:e~.er accoro.,.g ~o ~t~e I:e~ or rq..:tr of ,.~~d MORTGAG~c aed the p~aU~ce of s~ch
~curt.
B. Tc du'y. Erc~,y~'y a+.d fu;~y pe~iorm, d~s:harge. r.ecc+e, effecr, co•.:t,:r+r, cc~~~•~y w~+fi and ab~de by eac!~ and ever~ tM st~pu:ahons, a9~eements.
-~,t;ens a•,d covc,,.~~,:s n s~~d p~o•n.SSO•y nore a,:d tr, s n~„rrga~e sct fc.an.
9. Tna! i. the e.e::t rhe o•.vr,ersh~p of the mor;~aged ~rem:ses, o• a~~~ par~.?nerecf, ~eco~n~s vested ~n a person other than the MORTGAfiOR, the
2?GAGEf. ~+s s~.u. ssors a:~d ass~gns, may, wi~hout r~o•~re ro ~tie \50RTG~OR. dra+ w•'ti s.:.h s~ccesso~ o~ s~ccessor ~n ~rterrst w~rh refrrente to th~s
,..~3ge a-d ~h.. d_i•i secured m the same ma~,r.~r as ~n.Th At,;~r~~gor n'hout m e^~ way v~t.ating o~ d s:harg~~.g the lAcr.g„gors' I~ai,~i~ty here-
_•cer w u,on ~~e drt~t *:rrzay src~red. No sa:e of t!~e t+c::use•s h~reby n,c~tgaged ard ~w PC'~Pd~3n~Z en tt,e pa~~ o~ the !~vRIu:+GEE or ifs 1~CfC31Jrs
~ ess~gns ~nd ext~• s s^ ef +h,~ r:--~,e fo• ~'r,e pa~•re~,t ot t*e debT hrci~y sec.,~ad g~~en bY the ~:ORIGAG'_`_ or ~ts successors or ass gns, a::atl ope~ate
o rr rase. d s:har3e. mod.ty tha^gr or at!ett trte o•~g.nai i~an ~.ty of the ti'vR?GAGOR f.rrr:n, e:thrr in whoie o~ in pa~t.
1'J. I! :s sc-c ~:c~:.y rg.eed rh.~t t~~nr is oi the esser.~e of tfi;s cororacr a+:d ~hat no wa~ver of any ob:~gauo~ hereunder w of the oblgar~on sr
•ed he.ecr sha:: ar an~ t:~~e merre+te+ be h_~d ro be a v~a~~rcc of the terms h.ercw` or of the ~•~s~r_~nen~ secu~c•d F.erby.
' 11. i~ e.:;f r:.,- •ne io•egc 'q ~,r-ri , p;v~+_nss of r~:.c Po~ ~nd ~~r.r~: st rea~:re~ by the ~,•o„: 5sory ro•e s,'.ured hercbr. er.o•r~aaor co.e~ants
~ • ;a•_~es . _ _ _r ...•1. _ . ; i,~, .e..• dc ad;i .,~„j; s..:.•, ~.s..• ar±.id p~ ..o.•y;gee to be eZ..a! ro 1 i2 of rce .,o~:,a: :~st oi t!u_- fo.:o.v-
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A-:.. •t3' t~~as !c,:_ : r ass~ <<-:ci ,~ga:••s` t~_ +bo.r dr>_~~6• d r_ ~1 esr,•r
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i S _ , ~'s e~ ' ~::ti.. ...s_•~~ C~ .~s i..,.~.~ ,:_q: ar c~..,. ~ T:,.. .~v,~T,r,rs s-•w!r or th~ abcv~~ dcx•~:~rd prem[aes_
i
C-Prr,* - s e° :~;h ~_~_gr 3:.3•a~+y ~rsu~a, ce as ~-.c•~g.~3ee s~•a~1 .••+e ~o ~~n,, d._~er~, i,t To ca.ry on the iar~ se:.,:ca heieL~.
~ ..r,J •a.+i e s_ - _ ..f, . ` . r.• • • 3 oi ~ c•. i .i ,'~.a+. ' herr_ !r~ a•~d s _b s: , s , : :~,~r~•uren be d~e a~d
. C~ • - - ' n .•r a ~d'e_c^ s~...:= sa..e - -c . .:,rtce3e . sh3'i r.o•~.4y i7~r Gt a cF.ar:~e ~n sv:h
j 5.,~~ s..~~s • ~~e :d•nr o• g~•:'r 'O.ta"O +hr ca~,•• . o~ r~~. pr~i~•t~ ta.rs .ns~::a~:e prcn~.~~ns. a~„~••mortyige g..aranty ~nturor.~ce
. :'..•J^'S
Iti '...~tic~_ : sad 41ORTG~GOw nis h>+e~•,~o se~ h~s h., il a~~d s~~~: ihe da~ and year fi.st aforesa~d:
- ~ S 9 ~d, Sea' ar. ' .n ',e p~esence af: n '
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- - - - - - - ~ -1'--`- ~ <<~- 7 ` (Seaq
lSeai)
_ OF FiGRiDA ~ ~
St. Lucie
~'~TY OF - - - ~
BrFO~e me persc~a.,y eF.x'red - - _ •Ja=eS H~ S~t~l-- - and
CaY01)IT1 _M• ~lt~l his vv;fe. to me weii Ano+vn a-,d kno+~~ to me ro be
~_~-~d...d•.a:s Cescr ~cd ~n a^d wno exewTed the forego.ng instrument, and ac~now:edged beiore rre that they e,~ewted tnz samt ia the pur~~osef
, r Carol M Saith
_ n ea^resa~d knd ~h. d - - - ~n - ~ - - - -
• of m. sz:d _ _ _ .7~e5 H ~ SIf1Lh - - - - - - - - - - - - - rP~ ~ Priwr~
^j~~c~ bt ••e f~:~^ se: are:e a:,d at.a•t 'rc~~ he: sa:d husbe~~d, ac:~oy.~edaed to +d t fere me th~t s6e exec.,eed said it.s»"'~`~ty:~Aly and vO~vn-
a ar:d « rr.ovt an~ co ry,, s~on, cO ~stra~rt. aF.p~ehe~ns•on, or fea~ of or from Aer sa~~ ~+w ~d. f'~~
L•~ti`~fSS T> ha^r3 and c!f.~,a! seal th~s _ day of _
~ ~ 11 - _ ~V~ 19._._L'_
~
- _
~ Nota•Y F.,t':c m an fw Sh~ of:~~'~.' N ~r~-
~ EIIED AM~ RECORDEO My Cc~~~*:,s~~on exp,rn: ~ . ; -
sT. ~ucif couMTr Fui 'x' c
-sr Fede~~~ 5-.~~ a?~~.. As,~-., _ ROGEF. PGtTRAS ~ N:' ~ R`' ~~^~'~ri~iQ+li~ Ui{~t
~ • • • • CIERR C at!!IT COURT ` Gthc~t.~. :vs~? ' '':R" !9'S '
~ RECORO yfP'~~EO L ""~N~'~~ ~'~C.
f • - . . . _ 1
~ AU~ s II 44 pM'7~ -a~~/7f~ .
~ Th ; I~s!rumer.t Prepa?ed By
~ -
" ,5„~•::^^~ 8 loar, Assoc~at~on
FitS~~Evc:J: ~
~ _ of foff P~erre ~133~'7
~ ~hecked By L - - - ~ ~ ~V~ 1 A Q~
~ _ _ _ • FQJt 1`~~7K.
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