HomeMy WebLinkAbout1582 3. To p~sce a~d co~•r~nuo~s~y keep un tne b~.~ .i,~.gs ~,e v er I~rrelte+ ~.~uete on s~~d ~and and on a.". ..q..:~ ::ent a~~d perso~a::v cc.rred by ~h~s morrg-
e3e. w:th aU prcrr~wms thrrton ~+a ~i n I~il, f,ra :^S..ra ::c .n the i r_a~ i•.~~'d.~•d {~'~C~ form, in a a..~n o~.~:~o.rd bi th» :dJkw~v:E. a~::1 w~':ditorm
~~,s..rance in th~ ut~..l sr~nd~rd E.• :y for~n, ~n a wi~ eHpro•~d ~he MJQiGAGEE. in wch :a~:F,o,~y c~ ccn~,a~~r_s ..s +~~r '.',021.,•AGfE may
d.rrcr; and all fire a~:d ~.ndstarm ~nwrance Fo::L,aa o~~ anv ol se~J b.,r:d.~,gs. eny ~nter~st ~herc~~. o~ ya.t th,;:coE. ~n the e~g~~-~aTe s~~•~ afo~es~~J w
in tatrtif Ihereof, a!a!i :c•~tam the ~sunl ita•:J..+d m3~!~~g~ c..wfC o~ su:h ot~~r~ C~~cse .ts N~r /dortya~cu rnay ~e ~:.r~. ::~a?.nc~ t~i~ ~~si u~~da~ s..d po~i-
c rs, eech arw! evr~v. Wti=:~'r w s~~d 1~JRIGAGEE es ns ~~,+.~r~u may apV.'.+r, r•ui eacb „~,d _.ery i~;h ,cy ~h,,:~ t,r ~;ro+,:yT.~ aisg~~c.1 o~:d d~~.~.crrd ~o
eny hrld by sa,d :tORI;,AGEE as i~•~~h~,~ secw~Ty ro sa.J ~r.w~g.+~r d~w a~~d. no~ ~rss than ~c•~ t;0; d~tis m.+d..~~•c~• of ~h~~ e,~•~~o+~o.~ oi enh No,.cy, to de-
I~ver t0 S.+~d ~UORSG~.GiE a renr~n,J ~h~r~uF. ~oye~ha~ v.ilh d rrce~pt fOt IA~• p~cni~v~n o~ such renr~:,~: a.~d thrre il~~,1 be ~+o 't,re or .v.n.lst~•~n ~,:suraM!
p!aced p~ any of se:J b~~~'J.•~ys, an~ ~:+trres~ therr:n or pa~t +h~~~ce~. ~:l'css :n tl~e lcrm e•~d w~th ihe ~oss ~JyJ:~~@ .is aforeiaid; end in ~he event any wm
Jf mOnty be[O~~~S poyablc ~•~~Jrr s~ch ~~c:•cY a p~i.c~c. sa~d A'•J~2ii;.:.viE s~~~Vl hr~e ~h~ c~ r.on to r~-c•~~..• ,~;:d r!~., aa•~:~ on eccv~~~t ol ~hr ~.~cl~•:~t.•d-
ntss s.•:~~ed ?+a,ae~ o~ to pennl~ s.+.d tdJkiGAGORS to ~ccr~va and vse :t w eny •r ,:~i r c'n~ r i.~•; ~ s-•s n.. r th . r
;n~ eny eqv,ty, Len ot n~ht ~nd~•r or by vutur of th~s ~»o"~..g~: end in li~e evrn~ s~.ci A!J~i(;AGURS sn~:t :or any rc.:wn'feil !o k.•ep Ine sa~d prenr.s:s so
~~r..~rd. w feil to dr:~v.. p~o•~tH~;y any ot s_~~d ~~o~ c~~s of ~~~surance ~o sa.d MQRTGA(;tE, cr t.,~ ~-.:n•;:i~y ro i,ay f~.:y any p~r ~~..::n mcr,.•fo~ or ~n +nY
rr~~rct fa~~ to yerform, d.s~h~ryc. ~ve:ute, elfect. canptrt~. ca~,ply nnh and ab:de by ~Im tu~~~~~~:t. or any t~,~t hveoi. s.,~d l.tuRT~.~GEE may p~ace s•o
~ n. fW auch insu:.,nce ur ony pa~t tl~r~cof wnho~t waiv~ng or a4Fecting any o;~t~on, ~~rn, equ.ty, cr ••ght u~~dr~ o~ b/ ~~~r,~r of th~s N~er~g~ge, and thc
f„ : a~~wwnt o( each and c.ery s~ch p~~r~rM ahai! be ~nuned~arrty due and payab!e a~~d ati.~•~ b~•ar ~nt.~r~si lro~n tha ciate ~h~~eof ~~~i~l p..~d a~ ~he ~ate o~
r pef tentu+n per dn~i~:~~ e:~~1 t,~~~tli.•r N~th SuGh ~ntpri~st ~he~: L.~ sew~~d by ~hr 1~tn Of 1f~~S ~»ortgiyd.
1. To permit, comm~~ or suffe~ no v.aate, ~mpa~rment w drtrnorat~on o( ia~d p+eprrty cr any pa~t tFkr~vF.
S. To pay all and s~ngu~ar the coits, charges and expe~~ses, ~~~ct~da~,g e reasa~ab'e a~ror~ry"s ~er ~:~d cosrs of abatrac~s oi title, ;~curred or pa~d at
fi~cz by s~~d A!CR~GAGfE, bctause or in thc e.t:~t ol ~ha fa.wrc on ti~r pan of the s~:d AtORIGaGUR ~o du~y, p~o:upuy ~nd ~v:~y {:crf~~n, d~siherqe.
_.riut~. e}fecf, to+np:cte. con~ply w~th and abdr by each anc~ o•:c~y ~iir s!:pilae:o~~s. ogrcc.+eri~•a. iv•.i,~•u~~a, u~1J :J.r~'an!s o) ia~d ~ru•~•„~ory n.t. e••d tlils
•~o•rgage a~y or e~ther, and s~ d coaq. <har~~~s ~~~d exFe~~xs, each a~~d rvcry, afia~l tx ~~..;.~~-dwtciy d~r and pa:.il,ic; v.h. rher or r~ut rh~~re tx not~~e d:-
~~e~~~. attrnpt W co:~ec~ or suii pend.nc~; and tF.e !~!1 amount of e.:ch and every svch p„~n:rn~ s~~~:~ i+ra~ ~~~T~~.-s~ ho~n the ~a:e thereof ~nrl paid at t~~e
vt nu~e Cc~ ,c~~tu~ii F:er a~~~~~ .nd aIt Sa.c~ costi. c~~J'gc`s nnd ax::a~r.uS ~KUrte~ O! ~:a~d, f09rlh~r wd~~ w~~~ mte+rSt, S~~JII OC SrCUt~~ thC 1~@n 01 Ih~1
nor rgagp.
That (a) i~ the eve~~ of any ureach of th~s Mortgage or detauir on ~irr pa•t of thc 11~O~iG~GQR. or ,b) m ~he er.nt any of sa:d sv~s of nwney
e:n refrrred to be noi pro,~:ptl~ end f~lly pa,d ~+~+h.~~ fh.~t~ ~3d` d+ys ncA+ a•n.• ih~ n.~ ~~r sc.c•.~ ;y eec:, ~ir d.:c an:i pa~.+Lle. w~:~.o~t de~*~a:~d or non:e.
. in thr e:ent ~~ech and rv.ry the stipu~at~ons, a~rr~~ne~~ts. co•~d~~~o•~s and iO~Cna~~Ti o! aa d i~ro n.ss~ry r.o:r ~rJ :h.s n:ortgaye a•~y O~ e~ther ate nol
i ti, Fsorr.;:Ny an~3 fui!y ~rfornerd, d schargcd, errcured. e+~~cred, compiefed, ca+nN~~ed .r~~h and ai~~d~•d 5ti. tixn :n e•rhrr o~ any svch event ~he aa.d ag-
~•_3a'e surn mennoned ~n sr~d p~onassoty note ti~t~t ~e:~~a~~~~ng ~r.pa~d, w~th ~ntc~r;t acc:~cd, on~~ ~:s ~nOr.cyS si•cured hereby. sha~l txte~me d.~e and pay-
.r r fe~rh v~th, er ~herea'rcr, at the o~~~~a~ ef sa~d h102iGAGEE, es fu~~Y a~~ comp:rtei~ ea if a!i of thc ia~d sv:ns o~ ~'•o+~ey were or~g~na':y snpu:aTed
- n_ p,~.d an s~:h a~ti~th~ng in sad E:ro:r.,ss~y note or in ~h~s h1o:~qrgr ru ~he co~~i~a.y no~,~~~hsre:~d,.~g: ~~,d ~hcicui:on or thc~eat~r. at ~he op~~o~ of
s~ d A10RTGAGfE ~,st,ovt ro}~.e or drma,:d, sv~t at law or in eq~~ty, therrlore o~ thereoirer be;7~n, n~ay be prosewted as ~f all ~noneys secured hereby
n,~.1 m~IVECa~ El.•~Of 10 .tS ~~~l~~iu~i0~1.
That ~n the e.~~nt ~hat at fhe beg~nn;ng of or at ary time pend~~~g any av~t upen ~h~s l.o•~gage, or to fo.eclose it, o~ to reform it, or to enforce
:_,.-nent of any c~~•*+s he~e.,•:drr, sa~d S1JRiG~GkE shall app~y to ~nr Co.,~~ har•~g ~unsci.ct:on i~..•rrof (o: •4r ei~NO~n~~~~rn~ of a Rtce~+er, s~ch Court sha~l
"'nNlt+l ag{~e~nt a rece~•:er ef said mortyagrd ptoo~'rty all dnd sin3u:ar, inc~~d ~`g a~! a~~d s:~~.gv~ar tt~r ~^co~e~r, prot~!s, hsuei and reve~~v^s f~Om whatever
s .r dr~~ved each and e.ery of ~,,h.~h. ~t be~ng eapress'~ ~ndsri~oed. ~s Fer~by me~T9a~rd as ~f sE•ec.hca::y sr~ torfh and descr~':rd in the g~a~r~~~g a~:d
~ r•~d„~n C avSr3 heteef, ard auch Rece~.c• Sh~i; have aiy 14t b~ood a~~d effrct.vc f~+:,ct ,i end powr:S ~o any,v.ie entruited by e C!~.,'+ a ReC~-~ver, a•~d
S. ~pFw[ntment s~.+~~ oe ~rade by s~ch Co~rr as an ad~•~rttrd ~•y~~ry and a~*~a~ter e1 alno~.~rr r~gM te sa:d N.JRiGAGEE, and w~tl~wt reference to the
,,:;cy er ~~,dea~ecy of tF.e ~•a..,r of the E:rcpr~ty mo.rgaged or ro thr so.r~~cV ar .r•,cy of na~d MORiGAGOR w the dettn~:ant1, and ~hit s„ch
•s pror:rs, i:icane, iswes a•~d ~e~rr.;,es shid be app:~ ny such Retrivrr ec.o~u.~~g to t::F Ger, o~ rqvrty of sa~d MORTGAGEE and th> p~acnce o1 s~ch
Co.;rt. .
9. jo dv'v. p~ompt:y a~d f;,:~y perfo~^:, d~scharge, execu}e, ef.'e:r, ~c~r~~ic~+e, co~~Fl~ v~;th and ab de 6y each and every the st~pu'at~ons, agrec:.ients,
_.~.:.+s:ons and co.e„anrs .n s,.d pr~ n:aio~; nc.e and th;s r-,~~rg~~e s~-r forth.
9 That in the e~•~~~t ~he ow~e•shlp nf the mortgaged prc•n:srs. o~ a•~v pa~t thr.ecf, 6eco~~~rs vested in a pe~ion cther than the A10RTGAGOR, the
..~'v'~vC£. :~s s.,.:~>s:.~; a=d ai5 gns, may, w;~hovr r.o~~ce to t~,e .'.ORTG~:JR, dea. ,~.:~k s:;eh s.:ctesior o* s::cccsso~ :n ~rrerest w~~h referrnce to th~s
. 1..gage a^d tF.,- d_::t hr•~b~ seco~ed in the same manncr as v~,+h :A.urT~3ljOr •,h thJU~ in an1 a~ey v~T anng or d.schc,g„~g !he 6loregegori Gaou~ty here-
.,._r o~ ~Fan rhe dr~r ^.r•eb: secured Ne sa~e of the Fremises hr.eby rno~ty,y.•d a~ d na fc:brar~•.ce on t1.r H~rt cr the ?:10R;C;l.GEE or irs s..ccessors
. ass:~~s and ~O f~Tr~ :.J'~ cf :hr T.me for the ~ayment of tne debf h_~r~;;~ sec.,~cd g~.en by the 1.1JR?GAGCE or ~ts s~ccessors or ass.gnf. a1.a11 operate
•e rast, dstharge, mod~fy tha.^•ge or affed ihe o~~g.na1 I~~o !:t~ of the A'.Oic~..-rvv~ ~:rrrm, e~snrr in v~noie Or part,
1Q H+s s-~c.'::.i;:y ag.eed +fi~t t~~e ~s of the esse~~ce of th~s co~aracT a:~d that ro wa~ver of any ob"gaT~~n hereunder w of the ob:igation se-
:_•ed hereoy s~a.. ac jn~ n~-~e ~h_rraj:er be he'd to be a wanrr ot the terru herecf or o( ~~:str~~~cnt src~+ed herby.
11. _ . •o +^e fo:c . ~7 ,no~•~,~y payn.~nts of ~;rr~c _ and ~nr~res~ :rqu~:ed~~ rne p~on: sse:y r.G•~. s..._u•cd :.~....bl, mor~gagor eovenanTs
~j _•^cs'•_ _':3~yee ~ rach c'on~h y r.~i~ ~ent ari od~. ~ona~ s~•~~ .s..,..+rrd c~ 'yagF? to kx ea:~; to 1 12 of t::e annu~l Cost o~ ihe lo:!Ow-
fI
I ~ . 13~±5 O• 35SfSS,ci d~.l:.'S! i!,._ d[`~:2 fj_S...L.~ r:]~ PS',lt.~. . - Y • , ~ .
f ~
f 6 r'-: ~ .,-d .,s a..•, ~rs~•a~-te as ne•em rcG~~.r~d to bc. ca•.,. d e., tr,. :.rev~~,r~ts a.tvatr on th~: abo~e d_itwDtd;PtErkisl4-
! -F _ - _ - s o .;k , - ae g~e•anrv ~^se,ra• ce ~s ~r:rr,~a ;~e sha ~ f~o • ~ .~.e fo . : d~ irt to ca•ry on the :oan see;:sed •b¢(e~t -
~ ` ~~t"~ S_... t ..~1. ~i~ ~ iL_ a." ..~..l~ .1~~` ..~i1 ~ <ti>I • V
y, . , - • sy,y,• ,y cf . . ~ . . _ 1 1~d•;3~ ~ ~nd
~ c'r o~ ,c c.: c ~ ~ o~.h , p,y a~,d e-c~ svccess:ve ~-~~h•Tf e:rafrar c. n: mcrtga~ee sfi;'! not,i~r mortgago~ of ~ dsatgt ia ~uth
~ . s, -s s e 3::, ~ncrtga_~r to.ua:d tre t~atirrent of real pre;:err~ taxeS. ~ni~ra.Kc p~em.~ms. aad motlgage guatanty intutance
S
!V Y:IT~:=;~ :.a_v:'i~ >.^.c sa d 410RiGAG02 has here~nro se! h~s h3nd and seal the day and e~r ~nt atoruaRl. -
5:g'+ed, Sea!ed a-.d de:~vered ~n the presence of: C~$T ~~a~
,
~ - ' fI~E~J kV0 REI:ORO~Y: ' ~ (Se,4
ST. L~CIC :.JUyTY fl el2 11 ~ P~Ce f~DL. ~ka~)
ROCER ?J~TRaS (i' - -
- - - CLERK Ci~CU~T COUw? (Sea4
_'~~~_y~~'j1,~~~ PfrORDV"talflEO~ -{Sealy
- - - - - - - - I~ ~ i t qR ~ I 21340`7
~ y~
~ ~ A7E OF FLORIDA ~ COUNTY OF ST. LUCIE
~ I HEREBY CERTIFY, That on this day of August _ , A p 19 71 ~
te.'ore me personally appeared ~ uY Hall _
~
w ~es~uivety President~qt! ~ , of
rj
_ Ka I 1~ C'r~nc r~c- i nn ~+,m~n_aa~~ a__ F l nr i ria COrpordfiol, to me
~ ~-orm to be the perso~s described in and who executed the foregoing instrument, and severally acknowledged the exe-
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5 on t'r~~reof to be lheir free act and deed as such officers for the us~s and pursoses therein ment~oned; and that they
~
s ~
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~ ~ed thereto the official seal of said corporation, and the ssid instty(~F~t is the act and deed of said co~poration.
~ .'1,TNE55 my hand and official seal at Fort Pierce _ taid coun!y and state.
r: /
; h i s instruuent prepared by ~ ~ y
~ ;a . E . Braun `
~ ~:rst Federal Savings and Loan Notary.~ublic, in a for Sta~e and Counry aforesaid.
~ s soc i at i on of For t Pierce ~ F lor ida My Commission Expires: ~ y~ S--
~ . i~OT~.F:Y P~iR~n cXP?
2AS AUGRID 6. 1975~
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~ ~~~_.{,r.,~ t,•; r~i ~cAt If15UKANCE UNUENWRIitRS. ING
k 1!~4 15gi
t~o~r,
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